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REPRESENTING TH E IN D U ST R IA L A N D COMMERCIAL IN TERESTS OP TH E U N IT E D STA TES.
[Entered according to Act of Congress, In the year 1892, by W m. B. D ana & Co., in the Office of the Librarian of Congress, Washington, D. a ]
ffiîxatxcial.
A M E R IC A N
B ank N o t e C om p a n y,
7 8 TO 86 TRIN ITY PLACE,
NEW YORK.
fin a n c ia l.
S O L ID
GORHAM
F in a n c ia l.
S IL V E R .
M ’f ’g C o .,
Business F ou n d ed 1795.
n H o r ^ w M under Laws o f the State o f Mew York, l f W »
R eorga n ized 1879.
E
ngravers a n d
P
Broadway & 19 th St.,
r in t e r s o f
BO N DS, P O S T A G E * R EV EN U E STA M P S,
L E G A L T E N D E R A N D N A T IO N A L B A N K
N O T E S o f th e U N IT E D 3 T A T E S ? a n d fo r
F o re ig n G o v e rn m e n ts.
EN GRAVING AN D PRINTING,
BANK NOTES, SHARE CERTIFICATES, BONDS
FOR OOYBKNUEMTg AND CORPORATIONS,
DRAFTS, CHECKS, BILLS OF EXCHANGE,
STAMPS, Ae., tu the finest and moot artistic style
FROM STEEL PLATES,
[Vice-Presidents.
Jo h n L . W illiam s & Son,
BANKERS,
AND DEALERS IN
IN V E S T M E N T S ,
RICHM OND, VA.
T s a n s a c t a G e n e r a l B a n k in o B u s i n e s s . N e g o t is t s
r . r . a M u n i c i p a l Lo a n s . C o r r e s p o n d e n c e i n v i t e d .
Our
MANUAL O F IN V EST M EN T S
largest work o f the kind published by any Banking house in
America. Gratis to clients & correspondents; toothers, $3 a copy
“ Most elaborate, handsomest and most useful work treating
upon Southern properties whioh ever came to notice/*—Boston
Herald. • “ Worth its weight in gold/*—Norfolk Landmark.
“ Recognized as standard authority, and holds a high reputation
both in Europe and United States.**— Washington Post, “ The
States, oitiea, railroads, and other properties o f the South are
described with a clearness and minuteness o f detail o f great value
to investors."—N. T. Joum. o f Commerce. “ A complete financial
and industrial record of the Southern States."—N. 0 . Timse-Dern.
**We know of no other work to oompare with this Manual for the ex
tent and variety of information it contains."—lfonotr. Lon.. In s-
Q T H E F O U R T H N A T IO N A L
B A N K O F T H E C IT Y O F N E W
FORK
OFFERS
TO
DE
P O SITO RS E V E R T F A C IL IT Y
W H IO H T H E I R BALAN CES,
BUSINESS AN D
R ESPO NSI
B IL IT Y W A R R A N T . .
United States
National Bank,
NEW YORK.
Jam es H . P arker..................... .....P resident.
H enry C. H o p k in s...
...................Cashier.
Capital and Surplus, $ 1 ,0 0 0 ,0 0 0 .
ACCOUNTS IN V IT E D ,
Transact a general banking business. Allow inter
est on deposits.
Buy and sell Bonds and Stocks on the New York
Stock Exchange or in the open market for cash or
on margin. Deal In
BONDS
Tain tor & H olt,
o f N e w Y o rk .
BANKERSNo. 11 Wall Street, Cor. New, New York.
S u r p lu s ,
T0UR0 ROBERTSON, f
THEO. H. FREELAND, Sec’y and Tress.
JNO. E . CURRIER, Ass’t Sec’y.
J. K. M YERS. Ass’t Treat.
BANKERS,
NO. 41 W A L L S T R E E T , N E W Y O R K .
T h e National Park Bank
S A F E T Y CO LO R S.
SA FETY PAPER8.
Redm ond, K err & C o .,
AND OTHER INVESTMENT SECURITIES.
C a p it a l,
Work Executed In Fireproof RolWingfc
LITHOGRAPHIC AND TYPE PRINTING.
R A IL W A Y TICKETS OF IMPROVED STYLES.
Show Cards, Labels, Calendars.
JAMES MACD0N0UGH, President.
H e n r y 8 . R e d m o n d , Member N . Y . Stock Exchange*
H e n r y S. K e r b , Formerly with Chas. T. Wing A C o G i l b e r t M . P l y m p t o n , Special.
AND 9 MAIDEN LANE.
OHh SPECIAL SAFEGUARDS to PREVENT C0USTERFKITIS8.
S p ecia l p a p ers m a n u fa ctu re d e x clu siv e ly f o r
use o f th e C om pany.
SOUTH ERN
N O . 1,404.
N E W Y O K E , M A Y 21, 1892.
Y O L . 54.
$ 2 ,0 0 0 ,0 0 0
-
$ 2 ,8 0 0 ,0 0 0
SUPERIOR COLLECTION FACILITIES.
B U Y AND SELL FOREIGN EXCHANGE.
TRANSACT A GENERAL BANKING AND STOCK
EXCHANGE BUSINESS.
Private telegraph wires to Providence and Bortea
G. B. TAINTOR. G. D. L’HUILIEB. G. H. HOLT
E X T E N S IV E S A F E T Y V A U L T S F O B
T H E C O N V E N IE N C E O F D E P O S
IT O R S A N D IN V E S T O R S .
B F Entrance ealy through tba Bank. Jg%
l i r a u r a K. W right. President.
A r t h u r LKABT, Viee-Fresldeut.
Oso RGB S. m o x oK . Oeahler.
E d w a r d j . ralbw dt , Aaa’t Oeahler.
DIRECTORS.
Charles Scribner,
Arthur Leery,
Edward G. Hoyt,
Eugene Kelly,
Edward B. Poor,
Ebenerer K. Wright,
W. Rockbill Potte,
Joseph T. Moore,
Angnat
Belmont,
Stuyvesant Flab,
Richard Delafleld,
George 8. Hart,
Wilson G. Hunt,
Charlea Sternbach,
Francia R. Appleton
W illiam A . Lom bard,
150 BROADW AY, NEW YO R K .
Offers for sale Choice Bonds land Mortgagee.
A SPECIALTY—NEW YORK CITY A COUNTRY
BANK
STOCKS,
Netting Purchaser« 4 to 1 0 P erC ent.
SEND FOR QUOTATIONS.
Equitable M ortgage Co.
Capital, $ 2 ,0 4 9 .5 5 0 Surplus, $ 8 0 0 ,0 0 0
Assets, $ 1 4 ,0 7 4 ,8 1 3 * 5 6 .
Fahnestock &
G o.,
B A N K E R S AND B R O K E R S ,
2 W a l l S tre e t, M ew Y o r k .
Supply selected investment bonds for cash or in
ewfhange for marketable securities.
Execute commission orders' for Investors at the
Stock Exchange or In the open market.
Furnish information respecting bonds
J . G . Z ach ry,
BONDS,
Railway and Real Estate Securities
and Investments.
3 5 W A L L S T ., M IL L S B U IL D IN G .
NEW Y O R K .
Stew art
B r o w n ’s
Sons,
Members New York Stock Exchange,
STO C K B R O K E R S ,
64 BROADWAY, NEW YORK.
Stocks and bonds bought and sold on oommlreion
in small or large lots. Aooounts solicited. Infor
mation promptly given.
WM. M. HARRIMAN, Member N. Y. Stock Exchange
NICHOLAS FISH.
OLIVER HARRIMAN. Jr.
Harrim an
&
C o .,
N o. 1 2 0 B R O A D W A Y , N E W Y O R K ,
EQUITABLE BUILDING,
INVESTMENT SECURITIES.
MUNICIPAL BONDS.
BANKERS AND BROKERS.
Returning from 3 3 -4 to 6 Per Cent.
TRANSACT A GENERAL BANKING AND STOCK
EXCHANGE BUSINESS.
6 PER CENT DEBENTURE BONDS
Valuable book about investments sent on appll
Cati0n-
OFFICES S
4 0 W a ll Street, New Y erk .
1 1 7 Devonshire Street, Boston,
Cor. 4th Sc Chestnut Streets, Philadelphia
A . J . W eil & C o .,
IN V EST M EN T S E C U R IT IE S
9$ Broadway, New York, and St. Leute,
THE
C H R O N IC L E
fT o u LIT.
JBatxkers and #vnvoexs of ffutreign
© a n a d ia n
Bank of Montreal,
Drexel, M organ & C o .,
V A L L STREET, CORNER OF BROAD,
NSW YORK.
B A B IN G , M AGO UN A C O *
1 5 WALL ST., NEW YORK,
SUCCESSORS TO
Drexel,Harjes & Co.
KIDDER, PEABODY & CO., NEW YORK,
Cor. o f 6th AChestnut Sts 31 Boulevard Haussmann
Buy and Sell Exchange
on principal European cities.
Issue Commercial and Travelers’ Credits
available in all parts o f the world.
B r e x e l & C o .,
P A R IS .
r H iu b s iP ta iA
DOMESTIC AND FOREIGN BANKERS.
Deposits received subject to Draft. Securities
b ou put and sold on commission. Interest allowed
an Deposits, Foreign Exchange, Commercial Créd
ita, Cable Transfers, Circular Letter! for Travel
ers, available in all parts o f the world.
Agents and Attorneys of
BARING BROTHERS & CO., Ldutbb,
LONDON.
KIDDER, PEABODY & CO., BOSTON.
Choice Investment Securitise.
ATTOUNITS AND AGENTS OF
IHeaara. J . 8 . M O RG AN A CO.,
No. 22 OLD
B ROAD
STREET, LONDON.
Brown Brothers & Co., August Belmont & C o .,
P H IL A .
NEW YORK,
BOSTON.
BANKERS,
No. 2 3 NASSAU S T R E E T .
A
gbnts
an
d
Correspondents or£nra
CONNECTBD BT PRIVATE WIRE.
Members N. Y_ Phila. and Baltimore »took Bxch’s.
M essrs. R O T H S C H IL D ,
Buy and sell first-class v
Loudon, Parts, Frankfort and Vienna.
Issue Circular Credits for travelers available In
eounts o f Banks, Bankers,
all parts of the world.
Corporations, Firms and In- O ^
*_•___
ALSO COMMERCIAL CREDITS.
dlviduals, on favorable o C C U I T L I C S .
Draw Bills of Exchange and make Cable Trausferterms. Collect draf ts drawn
abroad on all points In the United States and Cana tp Europe, West Indies, Mexico and California
da, and drafts drawn In the United States on for Execute orders for the purchase and sale of Invest,;
meat securities.
eign countries.
¡Buy and sell Bills o f Exchange
and make oable transfers on
all points. Issue Commercial
SUCCESSORS TO
and Travelers’ Credits available
In all parts o f the world.
JO H N P A T O tf & CO.,
3 9 W a ll St*
t T .1 T . BROW N k. SONS, BALTIM ORE.
SEsas* ”l£S"r £r Investment
Letters
Cuyler, M organ & C o .,
of
Credit.
BBOWN, SHIPLEY & CO., LONDON.
5 2 W i l l i a m S tree t, N e w Y o r k .
Accounts and Agency of Banks, Corporations'
f i i o i e i Coppali*
Thomas Mait lan d firms
and Individuals received upon favorable terms.
C i b a l o L. H o tt , Member o f N. Y . Stock Ex.
Dividends and interest collected and remitted.
Act as agents for corporations In paying coupons
and dividends; also as transfer agents.
Bonds, Stocks and Securities bought and sold on
commission at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
B2 A N D 2 4 E X C H A N G E P L A C E ,
sold.
DRAW ON
NEW YORK.
THE UNION BANK OF LONDON,
BRITISH LINEN CO. BANK, LONDON AND
Orders executed for all investment Securities
SCOTLAND.
Act as agents o f Corporations, and negotiate and
8 sue Loans.
M aitland, Phelps & C o .,
J . & W . SeJigman & C o .,
BILLS OF EX
CHANGE
TELEGRAPHIC
TRANSFERS
f Messrs. Smith, Payne
A Smiths, London
Messrs. Mallet Freres
A Cle, Paris ; ON
Banco Naeional de
Mexico, Mexloo, and
its Branches.
BANKERS,
No. 23 B R O A D S T R E E T ,
N ew Y ork.
Issue Letters of Credit for Travelers
On SELIGMAN BROTHERS, London.
SSLIGMAN FRERES A CIB., Paris.
SELIGMAN A 8THTTHBIMBR, Frankfurt.
ALSBERG, GOLDBERG A CO.. Amsterdam.
ALTMAN A 8TBTTHBIMBR, Berlin.
AGENTS FOR THE BANK OF AUSTRALASIA.
Payable in any part of Europe, Asia, Africa, Aus
tralia and America.
Draw Bills of Exchange and make Telegraphic
Transfers of Money ou Europe and California.
LETTERSOF
CREDIT
J , Kennedy T o d &
BANKERS,
VO. 45 W ALL STREET, NEW YORK.
Deposits received subject to draft, and interes
allowed on balances.
OFFER INVESTMENT SECURITIES.
Bonds and Stocks bought and sold on oommlesion
Canadian, British and Dutch
markets.
Transfer o f Stoek and Bonds. Payment and ool*
lection o f Dividends. Coupons and Interest W en
lants. Foreign Exchange and Cable Transfers on
London and Paris.
*B all American
J o h n
Vo.
M
u n r o e
òc
C o .,
8 2 N a s s a u S tree t, N e w Y o r k .
Knauth, Nachod & Kühne,
B A N K ER S,
5 South William Street, New York.
L E T T E R S OF C R E D IT
available everywhere.
DRAFTS
•n all parts of the world.
TR AN SFERS
by mall and telegraph.
Kessler & C o .,
54 W A L L STREET, N E W Y O R K "
Kountze
Brothers,
BANKERS,
BANKERS
MO BROADWAY. Equitable Building, NSW YORK
2 9 W I L L I A M S T R E E T , N E W Y O R K . G E T T E R » OF C R E D IT AND C IR C U L A R
Correspondents o f the
NOTES
Intentatienal Bank e f London (Limited),
leaned for the use o f travelers in all parts o f the
d eh . Bereuberg, Geealer A Co., Ham burg. world. Bills drawn oiwthe Union Bank o f London.
Telegraphic transfers made to London and to
Bremen Bank, Bremen.
various places in the United States. Deposits re
ceived, subject to check at sight, and interest
M arcuard, K raasa de Co., Parte.
allowed on balances. Government and other bonds
Commercial and Travelers’ Credits.
and investment securities bought and sold on com
DUI» pf Exchange.
Cable Transfers^ mission.
[ISTABLISHID 1818.]
C A P IT A L Puld In - - 8 1 2 ,0 0 0 .0 0 0 Gold
8U «.p i.ir s - . .
tg .o n s .n n o Geld
H E A D O FFICE , M O N T R E A L .
Hon. Sir
a . a n w H, Pwai.wm.
si. 8. fT/vrrwpow General Manager.
ALEX’R LANG, Ass t General Manager
N EW FORK OFFICE:
N o s . 5 9 a n d 61 W A L L S T R E E T ,
W a lt er W atson , )
R. Y. H ebden ,
>Agents.
8. A. Shepherd , )
Buy and sell Sterling ana Continental Exchange
and uable Transfers; grant Commercial and T ravel,
ers’ Credits available in any part o f the World
issue drafts on, and make collections in, Chicago
and throughout the Dominion o f Canada.
L t n d o n O ffice, N o . 2 2 A b e h u r e h L a n e .
Merchants' Bank of Canada
Capital Stock Paid Up................8 5 ,7 9 9 ,2 0 0
Reserve Fund................ ..............8 2 ,5 1 0 ,0 0 0
H en ry H a g u e and J o h n B . H a r r is , J r .,
«1
WALL
AGENTS,
STREET. NEW
YORK.
BUY AND SELL STERLING EXCHANGE, GABLH
TRANSFERS, AC
Ceeae Commercial Credits. A vaila b le In
all Parts of tbe W orld .
Canadian Bank of Commerce
Capital and Surplus.................... 8 0 ,9 0 0 ,0 0 0
ALEX. LAIRD and WM, GRAY
AGENTS,
1 6 E X C H A N G E P LACE, N E W Y O R K .
BUY AND SELL STERLING EXCHANGE, GABLE
TRANSFERS. ETC.
Issue Commercial Credits available In all
parts of the w orld.
Canadian Currency bought.
Drafts drawn on and Collections made at all
points In Canada.
imperial Bank of Canada.
C A P IT A L (paid up)
8 1 ,9 0 0 ,0 0 0
SURPLU S
9 5 0 ,0 0 0
H. S. HOWLAND, Pres’t. T. R. MERRITT. V.-P.
D. R. WILKIE. Cashier.
H E A D O F F IC E , T O R O N T O .
Branch *8 IN Ontario .—Essex, Fergus, Galt,
Ingersoll, Niagara Falls, Port Colbome, St- Cath
arines, St. Thomas, Sanlt Ste Marie, Welland,
Woodstock, Rat Portage.
Torsnto .—Wellington Street, Yonge and Queen
Sts., Yonge and Bloor Sts.
Branchas in n o b th w is t —Winnipeg, Brandon,
Calgary, Portage la Prairie, Prince Albert, Edmon
ton.
Agents in London ;
I Agents in New York,
Lloyd’s Bank, limited. I Ba n k of Montreal .
Collections promptly made in any part o f Canada.
D r a w e r s o f S te r lin g K x c h a n g e .
AGENCY OF THE
B
a
n
k
OF
B r it is h N o r t h A m e r ic a ,
No. 52 W A L L S T R E E T .
Buy and sell Sterling Exchange and Cable Trans
fera Issue demand drafts on Scotland and Ireland
also on Canada, British Columbia and San Franelsoo.
C I R C U L A R N O T E S issued in Pounds Ster
ling, available in all parts of the world. C G M M E R C 1 A L C R E D I T S IS S U E D for use in
Europe, China, Japan, Bast and West Indies and the
Brasua, River Plate, Ac.
Bills collected and other hanking business trans
F.’ B R C m im s tD , 1 Agenta.
B A N K ER S
Buy and Sell Bills of Exchange and
V o . 4 P o s t Gfflce S q u a r e , B o s t o n .
Cable Transfers on all the Prin
Issue Circular Letters o f Credit for Travelers’ Use
Abroad against Cash or Satisfactory
cipal European Cities.
Guaranty o f Re-payment'
ISSUE COMMERCIAL AND TRAVELLERS’
E x c h a n g e o n L o n d o n , P a r is , R e r l m ,
CRBDIT8, BUY AND SELL RAILROAD
Z u r ic h a n d S t. G a ll.
STOCKS, BONDS AND INVESTMENT SE
CURITIES. ACT AS FINANCIAL
Caro) its O n o r o an d pay m en ts m ad e b y Ca b l i
AGENTS FOR CORPORATIONS.
P a r is H o u s e —M U N R O E Ac CO.
Schulz & Ruckgaber,
B a n k s .
H ong K o n g & Shanghai
B A N K I N G C O R P O R A T IO N .
Paid-up Capital..................................... 610.000,000 00
Reserve Fund........................................ 6,300,000 00
Reserve Liability of Proprietors......... 10,000,000 00
The Corporation grant Drafts, issue Letters of
Credit for use o f travelers, and negotiate or collect
Bills payable at Bombay,- Calcutta. Singapore,
Saigon, Manila, Hong Kong, Foochow, Amoy,
Ningpo, Shanghai, Hankow, Yokohama, Hiogo,
San Francisco and London.
A . ML. T O W N S E N D , A g e n t , 5 0 W a l l St.
The Bank of Australasia.
(Incorporated by Royal Charter, 1835.)
No. 4 Threadueedle Street, London.
Paid-up Capital. £1,600,000; Reserve Fund, £800,000; Reserve Liability o f Proprietors under tho
charter, £1,600,000.
Letters o f Credit and Drafts Issued on any o f the
numelons branches of the Bank throughout Aus
tralia and New Zealand. Bills negotiated or sent
for collection. Telegraphic transfers made.
Deposits received in London at interest for fixed
periods, on terms which may De ascertained on ap
plication.
. P±UDHAUX SELBY, S ecret« ,
THE
May Si, 1892,]
C H R O N IC LE }
IBan Us.
fin a n c ia l.
THE NEW YORK
N E W EN GLAN D.
_______________ g f o t t e i g t t . ______________
T h e Union Discount Co.
of London, L im it’d.
39 Cornhill, London, May 13, 1892.
Capital Subscribed........................$ « . 3 0 5 ,0 0 0
Paid up.............................
3 ,1 5 2 ,5 0 0
Reserve Fund..................................
0 7 0 .0 0 0
* 4 8 5 —£ 1 .
NOTICE! IS HEREBY GIVEN that the RATES
of INTEREST allowed for money on deposit are as
follow s:
A T C A L L , X P E R CE N T.
A T 3 to 7 D A Y S ’ NOTICE, M PER CENT.
The Company discounts approved bank and mer
cantile acceptances, receives money on deposit at
rates advertised from time to time In the London
Paris and Berlin papers and grants loans on ap
proved negotiable securities.
C H R IS T O P H E R R . NUGENT, M anager.
Produce Exchange Bank,
Transacts a general banking business.
Receives accounts o f banks, bamkersandcorporatlons upon favorable terms.
Issues certificates of deposit bearing Interest.
Solicits mercantile and personal accounts.
Bills o f exchange drawn on, and cable transfers
made through, THE CITY BANK, Limited,
LONDON.
Circular letters of credit issued for travelers’ use
in foreign countries; also commercial credits.
Accounts o f foreign bankers received and col
lections in the United States made on favorable
terms. Agents In New York of the
BANCO NACIONAL DB CHILE.
Bank o f Buffalo,
B U F F A L O , N. Y .
S. S. Je w e t t , P r e s ’t.
Blake, Boissevain & C o .,
LONDON, EN GLAN D.
Negotiate Railway, State and City loans.
E x e cu te orders for bonds. Shares, etc., on Com
mission and transact a general Banking an
Commission Business.
S p e cia l a tte n tio n given to the execution o f
orders for Securities on the New York, Lon
don and Amsterdam Exchanges. In corres
pondence with
BLAKE
BROTHERS
&
CO.
5 N a ssa u S tree t, N e w Y o r k .
2 8 S tate S treet. B o s t o n , m a s s ,,
AND
A D O L P H B O ISSEVAIN & CO.
A m s t e r d a m . H o ll a n d .
T h e R a ilw a y Share Trust
6c A g e n cy Com pany,
LIMITED,
4 Bank Buildings, London, England,
Subscripted and Paid-up Capital, £ 9 7 1 ,3 0 0
This Company undertakes the negotiation and
issue of Loans and Capital o f companies on the Lon
don market, and acts as agent for approved Railways
or other Corporations in payment of Interest, Divi
dends, Registration of Stock, and generally, and also
as Trustee for Debenture holders.
CABLE ADDRESS, PAVY, LONDON.
Heinem ann 6c C o .,
02 Gresham House, E. C.,
LONDON.
S o lic it accounts and agencies o f Banks, ¡Railway«
Corporations, Firms and Individuals upon
favorable terms; also orders for the pur
chase and sale o f Bonds, Shares, A & a
on the Stock Exchange.
I n te r e s t allowed on Deposits, subject to 60-days
B ig h t drafts, at Bank of England rate, and
one per cent below that rate subject to de
mand drafts.
N eg otia te Railway, State and City Loans.
Pierce, W right 6c C o .,
52 N ew
B road . S tree t,
LONDON, E . C.
Act as Agents for American Bank, and Financial
Companies. Collect Foreign Exchange and exeoute
orders on commission on the London Market.
INTEREST ON DEPOSITS. CABLE TRANSFERS.
Dennistoun, Cross 6c C o .,
2 Frinces Street, London, E. C.,
Execute orders for the purchase and sale oi
Bonds, Stocks, Ac., on the Stock Exchange; receive
aCoonnts and Agencies ol Banks, Railways, Corpo
rations, Firms and Individuals upon favorable
terms; Commercial and Travelers’ Credits and
Bills of Exchange on them are issued by thel)
Agents and Attorneys.
M O SLE B R O T H E R S ,
5 2 E XC H AN G E PLACE, N E W Y O R K .
iii
W m.
FO O TE
6c F R E N C H ,
B A N K ER S,
48
C o n gre ss
S tree t,
B o sto n ,
M a ss«
GOVERNMENT BONDS bought and
sold.
RAILROAD BONDS o f conservative
issues constantly on hand.
COMMISSION ORDERS executed 1*
bonds and stocks.
FOREIGN EXCHANGE bought and
sold.
C. Co r n w e l l , Oash’r
Capital...... 0 3 0 0 ,0 0 0 I Surplus..,„ 0 3 2 5 ,0 0 0
This Bank has superior facilities for ¡making Col
lections in and out of the city on the most libera
terms, and with careful attention to the best intenests oz its correspondents.
Correspondents y—Importers’ a Traders’ Na
tional Bank and Chemical National Bank, New
York Merchants’ Loan A Trust Co., Chloago; Union
Bank o f London. London
JOSHtTA WlLBOUH.
BENJAMIN A. JACKSON
N e w Orleans Canal 6c
Banking Com pany,
Dealers In Commercial Paper, Governments
other first-class Bonds and Securities and Foreign
Hxchange.
Private telegraph wire to New York and Boston.
N E W OR LEAN S, L A .
Capital...0 1 ,0 0 0 ,0 0 0 I Surplus... 8 4 7 5 ,0 0 «
J. C. MORRIS, Pres.
EDWARD TOBY, Cash,
Correspondents —Nat. City Bank, Nat. Bank ol
Commerce, New York. Boatmen’s Bank, St. Louts.
N. W. Nat Bank, Chicago. Merchants’ Nat. Boston
Sheldon 6c Binney,
W ilbour, Jackson 6cC o .,
BANKERS AND BROKERS,
N o. 52 W E Y B O S S E T S T R E E T ,
P R O V ID E N C E , R . I .
SW ISS UNION
BANK,
Schweizerische Union Bank.
S T . G A L L E , ( S w it z e r la n d ) .
Capital Paid Up
1 2 ,0 0 0 ,0 0 0 Francs,
Solicit Accounts and Agencies of Banks ans
Bankers.
INTEREST ALLOWED ON DEPOSITS.
CABLE TRAN8FER8. LETTERS OF CREDIT
BANK ER S,
28 Westminster St„ Providence, R. I.
Transact a General Banking Business. Dealers la
Stocks, Bonds and Local Securities.
PRIVATE TELEGRAPH WIRES TO NEW YORK
AND BOSTON.
Charles h . Sheldon , Jr . W illiam B inney , Jb
Noyes 6c Bridge.
IN V E ST M E N T
BROKERS,
BOSTON ST O C K EX C H A N G E BUI LDING»
5 3 S T A T E STRKE'i', BOSTON.
MERCHANTS’ NATIONAL BANK,
Dealers in High Grade Investments.
R IC H M O N D , V IR G IN IA .
Collections made on all Southern points on best
terms; prompt returns.
JOHN P. BRANCH, President.
Joh n F. Glenn , Cash’r. Fred . R. Scott. Vioe-Pres
6 an d 7 per cent First M ort. Gold Bends.
Information furnished and first-class corporation
securities sold on commission.
SO U T H E R N .
Davenport 6c C o .,
B A N K E R S
AND
P E V* « Y E V AN f A
T homas b . R e a .
R ea
1860.
Correspondence solicited and Information furnlshed about Southern State, Municipal and Rail,
road Investment Securities.
New York Reference—CHAS. M. FRY, Esq., Presl
dent Bank o f New York. N. B. A.
C . W . Branch 6c C o .,
BANKERS AND BROKERS,
State Ba n k building ,
B 1 C H M O M «*, V A .
Private wires connecting with Washington, Balti
more, Philadelphia, New York, Boston and Chicago.
New York Correspondents: Messrs. Moore A
Schley and Prince A Whitely
H. J. yon h em ert .
G. l . B oissevain .
von H em ert 6c C o .,
BOND ANB
STOCK B R O K E R S ,
A v e n u e , P it t s b u r g ,
MEMBERS OF THN
New Y o rk , Philadelphia and
Stock Exchanges.
Pittsburg
LOCAL SECURITIES A SPECIALTY.
H enry
78
Sproul
F O U R T H
6c
C o .,
AVENU E,
P IT T S B U R G , P A .
MEMBERS OF2THB
N E W Y O R K ST O C K E X C H A N G E .
P H IL A D E L P H IA S T O C K E X C H A N G E 4
P IT T S B U R G E X C H A N G E (3 M embers).
N.
Holmes
6c Sons,
R O A N O K E , VA.
BANKERS,
SOUTHER N INVESTM ENT SECU R ITIE S
P IT T S B U R G , PEN N.
A SPECIALTY
W illia m W ilson & Sons, Established 1802.
W ilson , Colotun A Co.,
“
1867.
W ilson, Colston 6c C o .,
Members of Baltimore Stock Exchange.
B A N K E R *.
2 1 6 East Baltimore Street, Baltim ore.
Investment and Miscellaneous Securities a sped
alty, and whole Issues handled.
Exceptional facilities for dealings in all classes of
Southern Bonds. Loans on Collateral Securities
negotiated.
Pa.
STOCKS AN D BONDS.
R IC H M O N D , V IR G IN IA .
ESTABLISH ED ,
Bros. 6c C o .,
115 F o u rth
B R O K E R S ,
Sam uel R ea .
CORRESPONDENTS :
Bank of New York, N. B. A.
First National Bank of Philadelphia,
P IT T S B U R G ,
PA.
ESTABLISH ED 1871.
W hitney 6c Stephenson,
BANKERS AND BROKERS,
N o. ST ^F O U R T U A V E N U .
Oldest Pittsburg member* N V St«« Byonangeli
(THE
It
J B a n ìu e v s
B
o o d y , M c LELLA N &
C H R O N IC LE .
unti, 'ftxohzxs in
U jmo H e r b
Tain tor & H olt,
Co.,
Y ol.
BA N KERS,
BANKERS
ST Broadw ay, opposite Exchange Place.
No. 11 Wall Street, Cor. New, New York.
LTV,
(tbit® .
NEW Y O R K
AND B R O O K L Y N
FINANCIAL
T R U S T C O ’S S T O C K S .
P. O. BOX 447.
Investment Securities
Specialties for Twenty Tears.
TRANSACT A GENERAL BANKING AND STOCK
EXCHANGE BUSINESS.
A specialty, including Water Bonds, Car Trust
Bonds and flrBt-class Bailway Bonds.
Private telegraph wires to Providence and Boston
Particulars furnished on application.
G.E. TAINTOR. G. D. L’HUILIER. G. H. HOL1
Davtd A. Boody ,
C. W. McL ellan ,
h e n r y t . Boody .
D ealt in by
W IL L IA M
96
C. N O YES
BROADW AY,
NEW
YORK.
Samuel D . Davis & C o .,
Haven & Stout,
BANKERS
W ood, Huestis & C o .*
BIA N K E R STA N D IB R IO K ER S,
AND DEALERS IN INVESTMENT SECURITIES'
31 Pine Street, New York City.
2 E x c h a n g e C o u r t, N . Y .
Mo. 44 W A L L S T ., N E W Y O R K ,
Members o f .the Consolidated Stock and Petroleum
Exchange.
Bay and Sell R ailroad Stocks and Bonds
at l -1 6 t h per cent Commission.
Samuel d . Da v is ,
Ch as . b . v a n Nostrano .
Member N. V. Stook Exchange
Emerson
ISSUE DAILY MAKKET LETTER.
&
Turnbull,
BANKERS AND BROKERS
SO B R O A D W A Y .
H enry S.
8
Redm ond,
Member n . Y. Stock Exhcange ,
W A L L STREET, NEW Y O R K .
C O M M IS S IO N
BROKERS,
AND DEALERS IN
IN V E S T M E N T S E C U R IT IE S .
C. H. HUESTIS
(Member N. Y. Stook Exchange)L. M. SWAN,
E. H. LADD, JR.,
_ O ___ „
General Partners.
C. D. WOOD, Special Partner.
BONDS.
W. K. B. Emerson,
Ra m s a y T urnbull
Member N. Y. Stock Exchange.
R . A . Lancasrer & C o .,
BANKERS,
BONDS.
Simon Borg & C o .,
Carefully compiled list o f choice Investment Bonds
furnished upon application.
N o. 2 0 NASSAU S T ., N E W Y O R K ,
Fred H . Smith,
Railroad and Investment Securities.
No. 20 Broad Street, New York.
Southern securities a specia lty
INVESTMENT and MISCELLANEOUS
SECURITIES.
Robertson & Jam es,
S o u th e r n S e cu ritie s a S p e c ia lty .
BO N D and ST O C K B R O K E R S ,
Dealers in Investment Securities,
WM. M. HARRIMAN, Member N. Y. Stock Exchange
NICHOLAS PISH.
OLIVER HARRIMAN. Jr
dealers in a l l k in ds
STOCKS, BONDS AND PETROLEUM.
IN V E S T M E N T S E C U R I T I E S .
M A R G I N A C C O U N T S S O L I C IT E D .
1 .1 6 P e r C ent C om m ission .
INTEREST ALLOWED ON BALANCES.
Correspondence Invited.
ESTABLISHED SINCE I860.
Ste w a r t
B ro w n ’s
Sons,
IMembers New York Stock Exchange,
STOCKI B R O K E R S ,
64 BROADWAY, NEW YORK.
Stocks and bonds bought and sold on commission
In small or large lots. Accounts solicited. Infor
mation promptly given.
Fahnestock &
C o .,
B A N K E R S AND B R O K E R S ,
3 W a ll Street, N ew Y o rk .
or
NO. 7 NASSAU STREET,
(Continental National Bank Building,)
_________________ N o w V o m .
____________
Young
& Nelson,
46 W a ll Street, N ew Y o r k .
Investment Securities
T. s. Y oung, Jr .,
a Specialty.
W . 8. Nelson
Member N. Y. Stook Bxohange.
Emerson M cMillin .
H e n r y B. W ilson .
Emerson McMillin
& Oo.
4 0 W A L L ST R EE T , N E W Y O R K .
Supply selected investment bonds for cash or In
Negotiations Conducted for Purchase and Sale of
xehange for marketable securities.
Execute commission orders for investors at the Gas, Electric, W a te r, Street R a ilw a y , Coal,
S o c k Exchange or in the open market.
Iron and Industrial Properties.
Furnish information respecting bonds Securities negotiated only upon personal examina
tion o f property.
G ilm an Son &
C o .,
A. L. L ee .
G. B. W a tt s , Jb
BANKERS,
Robert Goodbody & C o .,
NO. 62 C E D A R S T R E E T .
30 B R O A D S T R E E T , N . Y .,
In addition to a General Banking Business, Buy
and bell Government Bonds and Investment Se
curities.
Jo h n H . Davis & C o .,
J
R obert Goodbody .
H eney G. Campbell , } Members N. Y. Stock
J. Borden HARRIMAN, >
Exchange.
H . G . Cam pbell & C o .,
B A N K E R S AND B R O K E R S ,
9
N ew S tr e e t an d 7 4 B r o a d w a y ,
NEW YORK
Marquand & Skehan,
B A N K E R S AND B R O K E R S ,
Investment B on ds and Stocks,
16 B R O A D STRE E T, NEW Y O R K ,
i ussell Marqu an d
James B. Skehan
Member N. Y. Stock Exchange.
DEALERS IN
Harrim an
Stocks and Bonds Bought and Sold on
Commission.
INTEREST ALLOWED ON DEPOSITS.
BAN KERS,
18
W ALL
STREET,
NEW
Investment Securities.
chas . d . Ma r v in ,
w . m . Kidder .
Metropolitan Traction
Stock,
Controlling the
BROADW AY
CABLE
C o .,
BANKERS AND BROKERS.
TRANSACT A GENERAL BANKING AND STOCK
EXCHANGE BUSINESS.
INVESTMENT BONDS A SPECIALTY.
Rolston & Bass,
STOCKS, BONDS AND MISCELLANEOUS
SECURITIES.
W. H. ROLSTON,
2 0 Broad Street.
W. ALEX. BASS, Jr.
NEW Y O R K .
Members N. Y. Stock Ex.
EDWIN 8. HOOLEY.
P. 0. Box 8.080
W . H . Goadby & C o .,
BA N K E R S AND B R O K E R S,
N O . 24
BROAD S T R E ET *
New Y o r k .
La Montagne, Clarke & Co.,
BANKERS AND BROKERS,
4 4 and 4 6 Broadw ay, New Y o r k .
S. LA Montagne , Jb ., Member N. Y. Stook Exch
H erman Cl a r k e .
W allace B. Smith .
Private wires to Philadelphia, Pittsburg, Scran,
ton, Reading, Wilkesbarre Lancaster and Bethle»
hem. Private wire to Chicago.
YORK.
Established 1 8 6 3 .
MEMBERS OP NEW YORK STOCK EXCHANGE
Allow Interest on deposits subject to sight check.
Buy and sell on commission stocks and bonds either
for cash or on margin, and deal in
A. M. Kidder ,
H. J. M o r s e
&
No. 120 B R O A R W A Y , N E W Y O R K
EQUITABLE BUILDING,
B A N K E R S AND B R O K E R S
BANKERS AND BROKERS,
N o . 1 0 W A L L S T ., N E W Y O R K .
Orders for Stocks and Bonds executed at all Ex
changes
Especial attention given to supplying high-class
IN V E S T M E N T S E C U R IT IE S .
N o. 10 W A L L S T R E E T ,
NEW YORK.
ROAD
and the principal cross-town horse car lines,
B O U G H T AND SO LD B Y
Dick Brothers & Lawrence,
3 0 B r o a d S tr e e t, N ew Y o r k .
H ow ard Lapsley & C o .,
BANKERS AND BROKERS,
No. 1 Exchange Court
NEW YORK
Private W ire s to Boston and P hiladelphia.
H, I. Nicholas ,
W. C. T ay l o r ,
Members N. Y. Stock Exchange.
j.
S. Nicholas
M. Ma y e r .
H . I. Nicholas & C o .,
B A N K E R S AND
INVESTMENT
BROKERS.
SECURITIES A SPECIAUTYL.
11 Wall Street, New York.
M a t 21.
TH E
1892,]
CH RO N ICLE,
¡’ Exn&t dump antes
Union
T ru st C o m p a n y 1
OF N E W Y O R K «
80 Broadway, New York.
C A P IT A L - - - - $ 1 ,0 0 0 ,0 0 0
S U R P L U S - - - - - $ 4 ,0 0 2 ,5 1 8 9 2
Authorized to act as Executor, Administrator,
Guardian, Receiver or Trustee, and Is
A LEGAL DEPOSITORY FOR HONEY.
Acts as Trustee o f mortgages o f corporations, and
aooepts the transfer agency and registry o f stocks.
Allows interest on deposits, which may be made at
any time, and withdrawn on five days’ notice, with
nterest for the whole time they remain with the
company.
For the convenience o f depositors this company
also opens current accounts subject, In accordance
with Its rules, to check at sight, and allows interest
upon the resulting daily balances. Such checks pass
throagh'the Clearing House.'
_____ ____
Attends specially to the MANAGEMENT OF
REAX ESTATE and to the collection and remitance o f rents.
It makes ample provision in its
NEW BURGLAR AND FIRE PROOF VAULTS
for the safe keeping of securities placed In its cus
tody, on which it collects and remits Income.
TRUSTEES.
„ _
Wm. Whitewright,
H. Van Rennsl’r Kennedy
Henry A. Kent,
James H. Ogilvie,
R. T. Wilson,
James T. Woodward,
Wm. F. Russell,
George A. Jarvis,
C. D; Wood,
C. Vanderbilt,
James N. Platt,
A. A. Low;
D. G.-Hays,
G. G. Williams
Wm. Alex. Duer,
R. G. Remsen,
Charles H. Leland,
Edward Schell,
Edward King,
Amasa J. Parker,
B. B. Wesley,
Samuel F. Barger
D. H. McAlpin,
Geo. G. Magoun,
George B. Carhart,
W. Emlen Roosevelt
Chauncy M. Depew..
EXECUTIVE COMMITTEE.
Wna. Whitewright,
G. G. Williams,
Edward Schell,
E. B. Wesley,
Geo. C. Magoun,
C. D. Wood,
D. C. Hays,
James T. Woodward,
Ef)WARD KING, President.
CORNELIUS
D.
WOOD,
JAMES H. OGILVIE, 1/ Vice-Presidents
Vtce-±Trestaents.
AUGUSTUS W. KELLEY, Secretary.
_______ 3. V. B. THAYER. Assistant Secretary.
Knickerbocker Trust
Com pany,
2 3 4 F I F T H A V E .,.C O R , 2 7 T H S T R E E T .
Branch office, 18 Wall St. and 3 Nassau St.
C A P IT A L A N D S U R P LU S. - 8 1 ,0 0 0 ,0 0 0
DESIGNATED LEGAL DEPOSITORY.
Acts as Executor or Administrator o f Estates and
as Guardian, Receiver, Registrar, Transfer and
Financial Agent for States, Cities, Towns, Railroads
and other corporations.
JOHN P. TOWNSEND, President.
CHARLES T. BARNEY, Vice-President.
JOSEPH T. BROWN, 3d Vice-President.
D IR E C T O R S !
Joseph 8. Auerbach,
John 8. Tilney,
Harry B. Hollins,
E. V. Loew,
Jacob Hays,
Henry F. Dimock
Charles T. Barney,
John P , To wnsen d
A . Foster Higgins,
Charles F. Watson,
Robert G. Remsen,
David H. King, Jr,
Henry W. T. Mali,
Frederick G. Bourne
Andrew H. Sands,
Robert'Maclay
James H. Breslln,
C. Lawrence Perkins,
Gen. George J. Magee,
Edward W ood,
L Townsend Burden.
Wm. H. Beadleston.
Alfred L. White.
FRED’K L. BLDRIDGE, Secretary.
J. HENRY TOWNSEND. Assist. Secretary.
T h e Nassau T ru st
Co.
101 Broadw ay, Brooklyn, N. Y .
C A P I T A L ......................................... $ 5 0 0 ,0 0 0
Deposits received subject to check at sight, and
In te re st a llo w e d on the resulting daily balances.
Certificates o f deposits Issued for time deposits,
on which'speci xl ra te s will be allowed.
Interest commences from date of deposit.
Authorized by law to act as Executor, Adminis
trator, Committee, Guardian, Trustee, Receiver,
■Fiscal and Transfer Agent and as Registrar* of
Stocks and'Bonds; Is a le g a l d e p o sita ry for
T re n t F unds and for moneys paid Into court.
Loans made on approved collaterals.
Cheaks on this Company are payable through the
N aw York Clearing House.
A. D. WHEELOCK, President.
WILLIAM DICK, l Vice-Prest’s.
JOHN TRUSLOW, J v lce*rresl *•
F. RICHARDSON, Secretary.
TR U ST EE S,I
Bernard Peters, John Loughran.
Wm. Dick,
Wm. E. Horwill, Edward T. Holst,
A. D. Baird
Darwin R. James, J. B. Voorhees, Jno.MoLaughlln,
A. D. Wheelock, A. M. Suydam,
HL B. Tuttle,
John Truslow,
Wm. F. Garrison, Wm.E.Wheelock
Ditmas Jewell, Jno. T. Willetts, 0. F. Richardson,
F. W. Wurster, Chas. H. Russell, Henry Seibert.
St. Louis T ru st C o .,
C O R N ER 4th AND LOCUST
STREETS
St. Louis, Mo.
Capital and Surplus, • $ 3 ,0 0 0 ,0 0 0
D IR E C T O R S !
Alvah Mansur,
John T. Davis,
Edward S. Bowse,
Daniel Catlln,
Jno. A. Scudder,
Bam’l W. Fordyoe,
Edward C. Simmons,
Adolphus Busch.
Edwin O. Stauar d,
Henry 0. Haarstick,
______
J. 0. Van Blaroom,
Wm. L.
Hase,
D. McLore,
Thos. H. West,
a
--------Edwards Whitaker.
THOS. H. WEST, President. JOHN D. FILLET, Secretary.
A. C. STEW ART, Counsel.
Allows Interest on Deposits. Executes Trusts o f
•very Description. Acts as Registrar and Transfer
Agent, Ac
United States Tru st Co*
O LD C O LO N Y
OF NEW YORK,
TR U ST
CO M PANY.
45 and 47 Wall Street.
BO STO N, HASS.
C a p ita l
S u r p lu s ,
-
-
-
-
$ 1 ,0 0 0 .0 0 0 0 0
5 0 0 ,0 0 0 0 0
T r a n s a c ts a G e n e ra l B a n k in g
B usin ess.
A L L O W S INTEREST ON D A I L Y B A L A f g B S SUBJECT
TO CHECK.
T RUSTEE U N D ER MORTGAGES. T R A N SFE R A G E N R B G IST R A R .
BOARD OF DIRECTORS.
T. Jefferson Coolidge, Jr., President.
Frederick L. Ames,
John F. Anderson.
John L. Bremer,
Martin Brimmer
T.Jefferson Coolidge,
George F. Fabyan,
George P. Gardner
Francis L. Higginson,
Henry S. Howe,
Walter Hunnewell,
William P. Mason
George Von L. Meyer
Laurence Minot,
Richard Olney*
Henry R. Reed,
Lnclus M. Sargent,
Nathaniel Thayer
John I. Waterbary,
Stepben M. Weld,
Henry C. Weston.
T.: JEFFERSON COOLIDGE, J r ., President.
GEO. P. GARDNER, Vice-President.
C. S. TUCKERMAN, Vice-Pres. and Treasurer.
E. A. PHIPPEN, Secretary.
N e w Y o rk Guaranty &
Indem nity C o .,
59 C E D A R S T R E E T , N E W Y O R K ,
m u t u a l L i f t B u ild in g .
C A P IT A L ,
SU R PLU S, -
-
-
$2,000,000
$500,000
TRANSACTS A GENERAL BANKING AND
TRUST COMPANY BUSINESS, AND SOLICITS
THE ACCOUNTS OF CORPORATIONS, FIRMS
AND INDIVIDUALS.
INTEREST ALLOWED ON DEPOSITS.
E D W IN P A C K A R D . President.
A D R IA N ISE L IN , J r ., Vice-President.
GEO. R . T U R N B U L L , 2d Vice-President.
H E N R Y A . M U R R A Y , T reas. and rieo.
J , NELSON B O R L A N D , A ssist. Secretary
DIRECTORS,
Samuel D. Babcock,
James N. Jarvle,
Frederic Cromwell,
Augustus D. Jullltard,
Josiab M. Flske,
Richard A. McCurdy,
Walter R. Gillette,
Alexander E. Orr,
Robert Goelet,
Edwin Packard,
George Griswold Haven, Henry H. Rogers,
Oliver Harriman,
Henry W. Smith,
R. Somers Hayes,
H. MoK. Twombly,
Charles R. Henderson,
Frederick W. Vanderbilt,
Adrian lseltn, Jr.,
William C. Whitney,
J. Hood Wright.
EXECUTIVE COMMITTEE.
Samuel D. Babcock,
Richard A. McCurdy
Frederic Cromwell,
Edwin Packard,
George Griswold Haven, H. McK. Twombly,
Augustus D. Juilliard,
Henry H. Rogers,
Adrian Iselin. Jr.
Mississippi Valley T ru st
Com pany,
3 0 3 N o rth 4 t h S tree t.
ST . LOU IS, M ISSO UR I.
C apital.-.....«:........... . . . —$ 1 ,5 0 0 * 0 0 0
UNDER STATE SUPERVISION.
$ 2 0 0 ,0 0 0 deposited with State Officer te
protect trust liab ilities.!
A GENERAL TRUST COMPANY BUSINESS
Allows Interest on Deposits.
>
Authorized to act as Executor, Guardian. Reoeiver,
Trustee, &c. Manages Estates. Collects Rents.
Becomes Surety on all kinds of Court Bonds.
Has Safety Deposit Vaults ; a Savings Department.
INVESTMENT SECURITIES A SPECIALTY.
DIRECTORS:
Charles Clark,
L. G. McNair, Chas. H. Bailey;
Thos. T. Turner, John D. Perry, F. W. Paramore,
Wm. F. Nolker.
John Scullin,
Geo. H. Goddard,
T. O’Reilly, M. D., B. F. Hammett, James Campbell,
Bam’l M. Kennard, S. B. Hoffman, August Gehner,
Aug. B. Ewing,
D. W. Caruth, Julius 8. Walsh,
S. R. Francis.
B. F. Hobart. Williamson Bacon,
OFFICERS :
JULIUS 8. WALSH, PresidentJohn D. P e b b y , 1st Vice-President.
John Scullin , 2d Vice-President.
B bbckinbidge J ones, Secretary.
C A P IT A L AND SU R P LU S, - 8 9 ,7 5 0 ,0 0 0
This company Is a legal depository for moneys
paid Into court, and Is authorized to act as guardian
or trustee.
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 company.
Executors, administrators or trustees, of estates,
and women unaccustomed to the transaction o f
business, as well as reiiglous and benevolent Institu
tions, will find this company a convenient depository
for money.
JOHN A. STEWART, President.
GEORGE BLISS, Vice-President.
JAMBS S. CLARK. Seoond Vlee-Prest.
HENRY L. THORNELL, Secretary.
LOUIS G. HAMPTON, Assistant Secretary. I
TRUSTEES:
Wilson G. Hunt, Jno. H. Rhoades, Wm.Rockefeller,
Daniel D. Lord, Anson P. Stokes, Alex. B. Orr,
Wm.H. Mac? J r Samuel Sloan,
George Bliss,
James Low,
Wm.Llbbey,
Wm.D.Sloane
Wm. W. Phelps, John C. Brown, G. H. Schwab,
D. Willis James, Edward Cooper, Frank Lyman,
John A. Stewart, W. B’y’d Cutting. Geo. F. vieto»,
Brastns Corning, Chas. S. Smitn, LW. Wald. Astor*
Manhattan
T ru st
Co.
Corner o f Wall and Nassau Sts., N. Y.
C A P IT A L , . ...............................@ 1 ,0 0 0 ,0 0 0
DIRECTORS
H. W. Cannon, N. Y.“,
F. O. French, N. Y.
John R. Ford, N. Y .5^ »
R. J. Cross, N. Y.
H. L. Higginson, Boston. T. J. Coolidge, jrn Bos. 3
James O. Sheldon, N. Y J
August Belmont, N. Y.
A. S. Rosenbaum, N. Y. V
E. D. Randolph, N. Y.
John N. A Griswold, N. Y»
H. O. Northoote, N. Y.
Sam’l R. ShipleyJPhlla.
C. C. Baldwin, N. Y
R.
T. Wilson, N. Y.
Chas. F. Tag, N. Y
J. I. Waterbary, N. Y
John Kean, Jr., N
F. O. French, President.
J. I. Waterbury, V.-Pre»
A. T. French, Secretary and Treasurer.
ALLOWS INTEREST ON DEPOSITS. E X B
CUTES TRUSTS OF EVERY DESCRIPTION
REGISTRAR AND TRANSFER AGfifiNT _________
Union Loan & Tru st C o ,
SIO U X C IT Y , IOWA.
INCORPORATED 1885.
C A P IT A L , Paid Up in C a sh ....8 1 »0 0 0 ,0 0 0
S U R P L U S ............ ..........................
1 7 5 ,0 0 0
DEALERS IN HIGH-GRADE COM
MERCIAL PAPER,
A supply of which it always has on hand for
sale at Current R ates.
M U N IC IP A L , CORPORATION AND
SCHOOL BONDS.
No Stronger Loan and Trust Company In
the W est. Correspondence solicited.
GEO. L . J O Y , Pres.
A . S, G A R R ET SO N , Vice-Pres.
E. R . S M IT H , Seo’ y.
(Prompt Attention Given to Collections*
N orth British
& Mercantile
Ins
Co,
OF
LONDON AND E D IN B U R G H .
SAM. P. BLAGDEN, Manager.
WM. A. FRANCIS, Assistant Manager!
R. H. WASS, General Agent.
W . R. ECKER, Assistant Gen. Agent
H. M. JACKSON, Secretary.
U. S. BRANCH OFFICE,
No. 54 W ILLIA M ST.* N. Y.
U N IO N M U T U A L .
Life Insurance Company*.
P O R T L A N D * M A IN E .
Metropolitan T ru st Co.
3 7 a n d 8 9 W a l l S treet. N e w Y o r k .
Paid-Up C a p it a l.......................... g l , £ 8 8 * 8 8 8
garpluH......................................
8 0 0 *0 0 0
Designated as a legal depository by order of
Supreme Court. Receive deposits o f money on In
terest, act as fiscal or transfer agent, or trustee for
corporations, and accept and execute any legal trusts
from persons or corporations, dn as favorable terms
as other
companies.
Thomas Hlilhouse. Pres. Fred’k D. Tappeu. V.-Pre#
0. M. Jesup. lid V.-Pres. Beverly Chew, Secretary,
George D Oosnsr. Assist sn Secretary. .
INCORPORATED 1848.
JOHN E. D kWITT, President.
The increasing tendency of the public topatronfiftr
the s m a l l e r and more c o n s e b v a t i v e o f the L ife
Insurance companies o f the country had its-effect
upon the business of the Union Mutual Life Insur
ance Company in 1891, which was one o f the best ilk
the Company’s history.
Parties desiring to negotiate for agencies are in
vited to address the Home Office, or any Manager * f *
the Company, for further information.
THE
1850.
M IN N E A P O L IS , M IN N E S O T A .
IN T H E C I T Y O F N E W Y O R K .
H E W INSU RAN CE W RIT TE N .
P . O . B O X 1 ,0 0 0 .
Cable Address “ T ru st” Minneapolis.
1868............*8,836,886 50 11890.... . . .. .f l l ,355,157
1889
8;483,626 00 11881............ 14,101,8641
C. P. FRALBIGH,
A . WHEELWRIGHT
Secretary.
Assistant Secretary
New Y ork , January 25th, 1892.
¡WM. T. STANDEN, Actuary.
The Trustees, in conformity ■with the Charter
The two most popular plans o f LIFE INSUR
of the Company, submit the following state*
ANCE are the CONTINUABLH TERM POLICY
ment of its affairs on 31st day of December,
which gives to the insured the greatest possible
amount o f Indemnity in the event o f death at the 1891.
lowest possible present cash outlay; and the . Premiums on Marine Bisks from
GUARANTEED INCOME POLICF.whloh embraces
1st January, 1891, to 31st
every valuable feature of investment insnranoe,
December, 1891....................... $3,862,687 97
and which, in the event o f adversity overtaking
the insured, may be used as COLLATERAL SE Prem’ms on Policies not marked
off 1st January, 1891............... 1,394,177 87
CURITY FOR A LOAN to the extent o f the full
legal reserve value thereof. In aooordanoe with the
Total Marine Premiums....... $5,256,865 84
terms and conditions o f thess|policies.
Good Agents, desiring to represent the Company
Premiums
marked off from 1st
are invited to address J . S . G A F F N E Y , Super
January, 1891, to 31st De
intendent o f Agencies, at Home Office.
S. H . W ood & C o .,
INVESTMENT BANKERS,
Guarantee Loan Building,
M INN .,
Dealers in the highest class o f Minneapolis Securi
ties, Bank Stocks, Mortgages and Bonds.
CORRESPONDENCE SOLICITED.
S T . L O U IS .
H.
cember, 1891............................ $3,784,723 36
Bliss, Fabyan & C o .,
BLESSIN G .
Gaylord, Blessing & C o .,
N E W Y O R K , BOSTON, P H IL A D E L P H IA
Selling a g e n ts fob L eading B rands
B A N K E R S AND B R O K E R S ,
ST. L o m e .
BROWN
BONDS
and B L E A C H E D S H IR T IN G
and SH EETINGS,
PRINTS, DENIMS, TICKS, DUCKS, * 0 .
Ch arles H odgmas
T o wols, Quilts, W h ite Goods and H oslory.
Drills, Sheetings, rfe., for Export Trade.
WESTERN SECURITIES AND
HIGH QRADE
MUNICIPAL
A SPECIALTY.
Edw ards W h ita k e r .
W hitaker & H odgm an, Geo.
BOND AND S T O C K B R O K E R S , .
S T . L O U IS .
W IL L IA M H E N R Y CH AN D LER
W A L D R O N S H A P L E IG H ,
Geo. M . Huston & Co.
B OND AND S T O C K D E A L E R » .
Chemical Industries Investigated, New Processes
Examined, Plans and Specifications of Works Fur
nished. Also Yearly Contracts for Consultations.
Rooms 9 7 4 9 8 , 8 0 Broadway, New York.
WM. F R A N K LIN H A LL ,
M IS C E L L A N E O U S .
P R A N K ELLIS.
r.
books
H. BALLUANN
SUCCESSORS TO
&
Co.,
Stock, Bond and Note Brokers,
NO .
51
W EST
T H IR D
STREET.
C IN C IN N A T I, O H IO .
ESTABLISHED 1865.
Eugene
R.
ACCOUNTANT ATII>1TED
New forms designed for books of aocomnt.
Settlement of Insolvent Estates.
418 Exchange Building, 63 State Street Boston.
Irw in , Ellis & Ballmann,
Morehead, Irwin
*
Chem ical Engineers and
Consulting Chemists.
W e buy and sell outriA t all Western
Municipal Bonds and Stocks. We
cheerfully furnish full and reliable in
formation concerning any Western se
curity without charge. Monthly quo
tation circular mailed to all applicants,
New issues of municipal bonds wanted.
3 0 5 P IN E S T R E E T , S T . L O U IS , M O .
T . IR W IN .
Copeland & C o .,
COTTON BROKERS,
129 P E A R L S T R E E T , N E W Y O R K .
Cotton landed at Mills from Southern Market
specialty.
8 0 0 N orth. F o u r t h S tree t,
W.
Cole,
I P f f io S
Bought and ¡“¡old.
S T A T IO N E R A N D P R IN T E R .
Supplies Banks, Bankers, Stock Brokers and Cor.
porations with complete outfits o f Account Books
and Stationary.
CP” New concerns organising will have thei
orders promptly executed.
O E O . A. L E W IS
Send ‘o
& CO., B a n k e r s ,
1 3 2 L A S A L L E S T R E E T , C H IC A G O .
SECU RE
BANK V A U LT S.
TOANOVpR SQUARE.)
A . Strassburger,
S T O r~
& BONOS B R O K E R .
‘ INVESTMENT SECURITIES.
'■gomery, Ala.
I R A N U R A C o .,
MMI8SION MERCHANT! .
V IR G IN IA .
' on
funding the debt#
free o f cost; one-eighjl
«. Southern Rallrosl
?ht and sold
<
jo u r n a l.
-ear. Sample copy
'ers, 41 Broad hi.
GENUINE
WELDED CHROME STEEL AND IRON
in Round and Flat Bars, and 5-ply Plates and Angle
FOR SAFES, VAULTS, Ac.
Cannot be Sawed, Gut, or Drilled, and positively
Burglar-Proof.
CHROM E STEEL W O R K S, SoleManTersintheU. S.
B R O O K L Y N , N. Y .
JOSEPH G IL L O T T ’S
STEEL PENS.
GOLD MEDAL,
Losses paid during the same
P eriod ................................ $1,836,325 11
Returns of Premi
ums and Expenses.$784,790 57
The Company has the following Assets, viz.:
United States and State o f New
York Stock, City, Bank and
other Stocks........................
$7,567,155 00
Loans securèd by Stocks and
o t h e r w i s e .......... ....... 2,009,100 00
Beal Estate and Claims due the
Company, estimated at............ 1,083,400 36
Premium Notes and Bills Re
1,425,030 93
ceivable...............
Cash in Bank.......................
193,895 88
Amount
.$12,278,582 17
SIX PER CENT INTEREST on the outstand
ing certificates of profits will be paid to the
holders thereof, or their legal representatives,
on and after Tuesday, the 2d of February n e x t
THE OUTSTANDING CERTIFICATES o f
the issue of 1887 will be redeemed and paid to
the holders thereof, or their legal representa
tives, on and after Tuesday, the 2d of Febru
ary next, from which date all interest thereon
will cease. The certificates to be produced at
the time of payment and canceled.
A DIVIDEND OF FORTY PER CENT is
declared on the net earned premiums of the
Company for the year ending 31st December,
1891, for which certificates will be issued on
and after Tuesday, the 3d of May next.
By order of the Board,
J . H . C H A P M A N , S ecre ta ry.
L ists.
N o. 1 W IL L IA M S T R E E T .
•
Insurance Company,
QEO. H. BURFORD1 President.
DIRECTORS.
Samuel Hill, President; Thomas Lowry. First VicePresident; H. F. Brown, Second Vice-President;
Daniel Bassett, Third Vice-President; Clarkson
Lindley, Secretary and Treasurer; Isaac Atwater,
Jas. J. Hill. R. B. Langdon, A. F. Kelley, W. G .
Northmp, Wm. H. Dunwoody, C. G . Goodrich, Chas.
A. Pillsbury, A. H. Linton, P. B. Winston.
JN O ,
O F F IC E O F T H E
1892,
T h e United States Life
A T LA N T IC M UTUAL
Insurance C o .
C A P IT A L ., $500,000.
B eal Estate L oans. Safety Deposit Vaults.
Acts as Executor, Trustee and Guardian.
DEPOSITORY FOR WILLS.
GAYLOBD,
%usnxmxtt.
A s s e ts Dee. 8 1 , 1 8 9 1 - - . - . $ 6 , 7 8 7 , 8 8 8 8 7
S u r p lu s .............. ............ ........
6 4 9 ,0 4 1 0 5
Minneapolis T ru st C o .,
(UM’T. A..
[[Y ou L I?
JUtsceXIaneous.
M IN N E A P O LIS .
M IN N E A P O L IS ,
CH R O N IC LE ]
Paris exposition ,
188®
TmlilgTTEBFEeTfiE PER ?
TRUSTEES:
J. D. Jones,
W. H. H. Moore,
A. A. Raven,
Joseph H. Chapman,
James Low,
Wm. Sturgis, .
Benjamin H. Field,
James G. De Forest,
William Degroot,
William H. Webb,
Horace Gray,
William E. Dodge,
George Bliss,
John L. Riker,
C. A. Hand,
John D. Hewlett,
Charles P. Burdett,
Henry E. Hawléy,
Charles H. Marshall,
Charles D. Leverich,
Edward Floyd Jones,
George H. Maey,
Lawrence Turnure,
Waldron P. Brown,
Anson W. Hard,
Isaac Bell,
N. Denton, Smith,
Thomas Maitland,
George L. Nichols,
Gustav Amsinck,
Joseph Agostini,
George W. Campbell,
Vernon H. Brown,
Christian de Thomsen«
Leander N. LovelL v
JOHN D. JONES, President.
W . H. H. MOORE, Vice-President.
'J u A. RAVEN, 2d Vice-President
THE
M a y 21* 1892,J
C H R O N IC L E
v il
^ n x lin u s .
f f t e t t s ia l*
I f i t r a t ïJ c ia L
CA LL NO. 10.
Richard V. Har nett &Co.
N e w Coal Field and
Northern Pacific R a il Henry W. Donald, Auctioneer.
Tim ber District.
#httr*t ttl w m
road Com pany.
REGULAR AUCTION S A L E
The OHIO EXTENSION o f the NORFOLK <fc
A
WESTERN RAILROAD penetrates one of the
most valuable coal and timber district» im the
United States. The line of this extension is
193 miles in length, from Coal Grove, Ohio,
via Kenova, W. Va., to Elhhom, W. V a „ of
which 54 miles to Dunlow, W. Va., is new
opened for business and the entire line is under
construction and will be completed early in the
fall of 1892. It passes through virgin country
abounding in gas, splint, oannel, steam, coking
and domestie coals and fire-clay; ohestnut-oak,
white-oak, beech and poplar timber. Those
looking for advantageous sites for the location
o f saw-mills or tanneries and establishments
for the manufacture of furniture, wagons, agri
cultural implements, wood-pulp, fire-brick or
manufactured iron articles, should investigate
the resources of this new field. The new town
o f Kenova, W. Va., offers many advantages for
the location of manufacturing establishments,
also the territory opened up by the Norfolk &
Western Railroad on the north bank of the Ohio
River, between Kenova, W. Va., and Ports
mouth, Ohio. For the manufacture of finished
Iron articles the district offers unequaled ad
vantages, with supply of coal and Pocahontas
coke on short hauls, and with the blast fur
naces of the Ironton, Hanging Rook and Ash
land district in close proximity. Favorable
freight rates made upon raw materials to all
manufacturing establishment on this line.
For further information as to freight rates,
maps, names of parties to whom application
should be made for coal leases, &c., apnly to
JO H N J . A R C H E R .
D iv. F reight Agent, Columbus, Ohio.
Or
CH AS. G. ED D Y,
V ice-President, R oa n ok e, Va.
T h e Security M ortgage &
T ru st
Com pany
O F D A LLA S, T E X A S .
Capital Paid in....................... 8 5 0 0 ,0 0 0 0 0
Assets Dec. 3 1 ,1 8 9 1 » over 8 2 ,0 9 9 ,9 1 1 6 8
OFFICERS.
J. T. TREZEVANT, President.
J. T. DARGAN, 1st Vice-President.
JVC. O’CONNOR, 2d Vice-President.
GUY SUMPTER, 3d Vice-President
W. W. RODGERS, Secretary.
E. M. REARDON, Treasurer.
BARROW. WADE, GUTH RIE & CO., o f New York,
Auditors.
DIRECTORS.
J. C. O’Connor , President City National Bank.
J. T. T rezevant , Associate Manager S. W. Dep’t
Fire Association of Philadelphia.
J. T. D ar g a n , Vice-President.
Sam P. Cochran , Associate Manager S. W. Dep’t
American Fire Ins. Co. of Philadelphia.
T . L. Mar s a lis , President Dallas Land & Doan Co.
G u y Sumpter , Capitalist, (Late Ass’t-Treasurer
Texas & Pacific Railway Company.);
A le x . San ger , o f Sanger Bros., Wholesale and
Retail Dry Goods.
T. S. Miller , o f Leake, Shepard & Miller, Attor
neys at Law.
D. E. Greer , Attorney.
Advisory Committee o f Stockholders,
Philadelphia.
I. J. WISTAR, Chairman.
George W. Blabon,
George F. Tyler,
J. N. Hutchinson,
George De B. Keim,
George M. Troutman,
J ohn J.. Zeigler.
Six percent.5-year Gold Mortgages on Texas city
and country properties.
Also 6 per cent 10-year Gold Debentures based on
such mortgages. Interest and principal- payable
either in New York, Baltimore, Philadelphia or
London.
. Collect claims o f all kinds anywhere in Texas or
the Southwest.
Make sales, pay taxes, collect rents, and deal in
select Municipal and Corporation Bonds.
Act (as Trustee, Executor, Administrator, Guar
dian,' Receiver and Financial Agent for Estates,
Cities, Railroads, etc.
W m . Fisher &
Sons,
BANKERS AND BROKERS,
23 S ou th Street,
P iliT in O B E ,
Notice Is hereby given that 219 o f the GENERAL
FIRST MORTAGE BONDS of the NORTHERN
PACIFIC RAILROAD COMPANY were this day
drawn for the sinking fund. In accordance with the
requirements o f Articles 11 and 12 of the Trust
Mortgage, numbered as follows, viz.:
$ 1 ,0 0 0 COUPON BONDS.
41950
30305
14548
451
6627
42220
30380
14679
6652
909
42291
30433
14913
1001
6688
42603
31074
1123
6740
14967
43745
31096
15080
1127
6754
43746
32201 .
6949
15103
1347
43930
82295
7712
15735
1628
44411
32338
1785
7747
16325
44702
32537
2011
7761
16451
44796
32541
2018
7769
16971
45012
32549
2032
. 7835
17168
45440
32671
2135
7901
17226
45459
83354
2218
7932
17333
33641
45664
8139
2379
17353
47377
33696
8324
2457
17709
• 47532
34800
2639
8333
18009
48406
34863
8831
r:
3266
18278
48419
34869
3467
8988
18318
48529
9651
34963
3488
18358
48721
35384
3526
9758
18574
48831
85569
3542
'10097
18691
49019
85590
10227
18803
3752 .
49039
10280
35770
3815
18843
49143
35882
10416
3987
19468
49197
36018
4012
10920
19610
60595
86132
10940 *
4099
20310
60883
11013
36179
20342
4327
61030
36358
4631
11496
20509
61031
36390
4683
. 11957
20616
61040
12180
36760
4703
20797
61555
12195
37305
4836
20817
61678
.37573
12359
20839 .
4848
51679
37696
12386
21147
4856
51721
21662
37802
12720
5013
21758
87909
52077
18772 *
5058
62171
12776
87953
5114
21778
52387
13168
5545
28712
88357
62609
88599
13222
29116
5570
626c8
38710
13584
29482
5884
62975
38831
29502
5890
' 13877
53310
39177
29522
14027
5951
63318
39282
29657
14092
6037
39310
53364
29856
6094
14257
30234
41657
14490
6347
These bonds will be paid at 110 and accrued interest upon presentation at the office of the CEN
TRAL TRUST COM P NY OF NEW YORK, No. 54
Wall Street, New York.
The Interest on the above bonds will cease on and
after July 1,1892.
CENTRAL TRUST CO. OF NEW YORK, Trustee
By G. SH ERM AN ) Vice-President.
New Y ork , May 16,1892.
M ortgage Loans
IN
TEX A S.
NO COMMISSIONS charged borrower
loans have proven good.
FR AN CIS S M IT H
ender untl
& CO.,
SA N ANTONIO, T E X A S .
FOR
Reliable Colorado! Securities
or Investments
Please write or apply to
Stocks and Bonds,
TUESDAY, Hay 24, at 12:3« P. M.
At the Real-Estate Exchange A Auction Room
Nos. 59 to 66 Liberty St.
(For account of whom it may concern.)
25 shares Importers’ A Traders’ National Bank, $100
each.
66 shares Irving National Bank, $50 each.
1,524 shares Rome & Decatur R. R. Co., $100 each.
300 shares National Bank of Guthrie, Oklahoma.
$100 each.
10 shares Hanover National Bank, $100 each.
62 shares Chatham National Bank. $25 each.
25 shares Mercantile National Bank, $100 each.
60 shares National Shoe A Leather Bank, $100 each.
55 shares Fourth National Bank, $100 each.
15 shares Bank of America, $100 each.
100 shares National Broadway Bank, $25 each.
20 shares Southern National Bank, $100 each.
25 shares Twenty-third Ward Bank, $100 each.
40 shares Continental National Bank, $100 each.
,
$5,000 Equitable Gas Light Co. of New York 1st
Mortgage 6 per cent Bonds, due 1899.
$12,000 Morris A Essex R. R. Co. 1st Mortgage 7 per
cent Bonds, due 1914. Interest May and
November.
$2,000 Tallapoosa Water Co. (of Tallapoosa, 6 a ) , ■
1st Mortgage Gold Bonds, due 1920. ■
April 30,1891, coupon attached.
$8,000 Lehigh A Wllkesbarre Coal Co. Consolidated
7 per cent Bonds, due 1900.
Lists at auctioneers’, 71 and 73 Liberty Si.
N. B.—Sales should be received by noen on Friday
to receive the benefit of advertising in this paper.
S T O C K S and B O N D S
A t A uction .
The undersigned hold REGULAR WEEKLY
AUCTION SALES o f all classes of
S T O C K S AND
BONDS
ON
EVERY W EDNESDAY.
A D R IA N I I . M E L L E R & SON
NO. 1 PINE STREET. NEW YORK.
Investments in the South.
Exchange Banking
Tru st Com pany,
&
CHARLESTON S. C.,
Transacts a General Banking and T ru st
Business. Savings Department, Interest
Allowed on Deposits.
Investments made (at usual rates o f commission]!
n safe and reliable interest-paying Southern secur
ities, and 1st mortgage loans on improved citv and
town real estate. Correspondence solicted as to all
Southern nvestments. Being^within easy reach
of all parts of the South thorough and careful Inves
tigation can be made of intended investments or
purchases.
¡O FFICERS.
GEO. B. EDWARDS, President.
P. N. PICKENS, Cashier.
R. E. MUCKENFUSS. Secretary and Treasurer.
J. LAMB PERRY, Solicitor.
SMYTHE A LEE, General Counsel.
D IR E C T O R S .
A. S. J. PEEifir, of Johnston, Crews A Co., wholesale
dry goods.
W tlliam m . Bir d , of Wm. M. Bird A Co., wholesale
- paints and oils.
Jambs A llan , of James Allan A Co., jewelers.
J. H. F. K oenig , with Knoop, Frerichs A Co., cotton
exporters.
> _
Geo. B. Ed w ards , Pres. Eleqtric Light A Power Co
T h e G urley Investment
Staten Island Securities
Com pany,
DENVER,
A S P E C IA L T Y .
COEO.
C a p ita l a n d S u r p lu s ,
$ 5 0 0 ,0 0 0
ESTABLISHED 17 YEARS.
Gas, R ailroad and Electric L ight Co.
Stocks.
GEO. B . R IP L E Y ,
W ANTED:
H u n t’s Merchants’
* Magazine.
A CO M PLETE SET.
Address, giving priee,
W IL L IA M B . D ANA & CO.,
DID,
OF
3,02 W illia m Street, New Y o r k .
68
B road w ay.
R oom
8.
Joseph G . M artin,
STOCK B R O K E R .
AND DE ALERT IN
( in
M ISCELLAN EOU S ~SE C U R ITIE S*.
^ upstate St.,’ Boston, Ma»f>
THE
Ifitu m c ia L
fin a n c ia l*
$ 1 0 ,0 0 0 ,0 0 0
Prime Investment Bonds.
Pittsburg Cincinnati Chicago
& St. Louis R’y Co.
4 1-2 Per Cent Consolidated
Mortgage Gold Bonds,
P art o f an Issue Limited to $ 7 5 ,0 0 0 ,0 0 0 .
P R IN C IP A L P A Y A B L E OCT. 1, 1 9 4 0 .
INTEREST APRIL 1ST AND OCTOBER 1ST
IN NEW YORK.
Principal and Interest Unconditionally
Guaranteed by the Pennsylvania
Company by Endorsement
on each Bond.
Conpon Bonds in Denominations of S i , 0 0 0
Each, with Registration Provision.
The following statements are made on the author
ity o f a communication from the President of the
Pennsylvania Company and o f the Pittsburg Cin
cinnati Chicago A St. Louis Railway Company, which
csh be had upon application to us.
The profit o f the Pennsylvania Company, the
guarantors o f the above bonds, for the year 1891,
after paying all expenses, Interest on bonded debt,
rentals, advances, Ac., amounted to $1,725,938 36, out
o f which a dividend of A per cent was paid on the
capital stock o f the Pennsylvania Company, amount
ing to $21,000,000—and entirely owned by the Penn
sylvania Railroad Company
The Pennsylvania Railroad Company and the
Pennsylvania Company together own $28,697,900 of
the outstanding capital stock o f $13,886,359 23 of the
Pittsburg Cincinnati Chicago & St. Louis Railway
Company, and through such ownership the latter
company is abs'lutely controlled by them.
The operations o f the Pittsburg Cincinnati Chi
cago A St. Louis Railway Company for the year end
ing Dec. 31,1891, resulted in a net surplus over all
fixed charges and taxes of $937,031 66, and dividends
have been paid on its preferred stock as follows : 1
per cent in Hay, 1891 ; 2 per cent in November, 1891,
and 2 per cent in May, 1892.
The total Funded Debt o f the company is as fol
lows:
Underlying Sectional Bonds..................... $21,001,000
per cent Consolidated Mortgage Bonds. 20,393,000
$41,394,000
Thèse Consolidated Mortgage Bonds are issued in
accordance with the terms o f a mortgage dated Oct.
1, 18»0, limited in amount to $75,000,000. to the
Farmers’ Loan A Trust Company o f New York and
W. N. Jackson, as Trustees.
The property covered by the mortgage consists of
1,082*09 miles o f railway (including an undivided
one-half Interest in 33 miles), equipment, and ter
minals in Chicago, Indianapolis and Columbus, as
well as all the railroad properties and equipment ac
quired or to be acquired, and the company’s fran
chises.
Consolidated Bonds equal to the amount o f the
Sectional Bonds still outstanding have been reserved
for the latter’s retirement, and the Railway Com
pany has agreed that It will, at the time o f the ma
turity o f the Sectional Bonds, pay them off, so that
the Consolidated Mortgage may become the first
lien upon the whole property. The remainder o f the
Consolidated Mortgage Bonds may be issued from
time to time for improvement o f the company’s
property, the purchase and construction o f addi
tional railway, and for other lawful purposes.
The Bonds now offered are designated as Series A,
dated Oct. l, 1890, bearing
per cent interest free
o f taxes, and maturing Oct. 1, 1940. Principal and
interest is payable in gold coin o f the United States
in New York.
The undersigned w ill receive subscrip
tions 1er the above bonde at 10)2 and ac
crued interest to date o f delivery.
Subscriptions open at 1 0 o’ clock on Tues«
day morning. May 3 4 , »nd w ill be closed
a t 3 o’ clock P. M . or earlier on the same
day, the right being reserved to reject any
applications and to aw ard sm aller amounts
than applied for.
Bonds allotted upon subscriptions are to be paid
for June 6.
A simultaneous issue w ill be made In
London by Messrs. Speyer Brothers and In
Amsterdam by M essrs. T e lx elra de M attos
broth ers.
Speyer & C o .,
M IL L S B U IL D IN G .
K uh n, Loeb & C o .,
3 0 N A SSA U S T .
New York, May 20,1892.
IY ol . LIY
C H R O N IC LE ,
$ 2 5 0 ,0 0 0
C H IC A G O & IN D IA N A CO A L R Y . CO.
1st Mortgage 5 per cent Bonds.
INTEREST PAYABLE JAN. AND JULY.
P R IN C IP A L DU E 1 9 3 6 .
These bonds are issued at the rate o f $18,000 per
mile and $7,000 additional for equipment. The prin
cipal and interest aré virtually guaranteed by the
Chicago A Eastern Illinois Railroad Company, which
operates the road and owns all the stock, having
issued its own stock in exchange for the same,
thereby practically assuming all obligations of the
Chicago A Indiana Coal Railway Company. The
last armimi report (June 30,1891), shows that the
consolidated roads, after paying all fixed charges
and six per cent (6 per cent) dividends on the pre
ferred stock, had a cash surplus of $410,000. Re
turns for eight months o f the present fiscal yeár
show that during that period the company has earned
its full year’s dividend on its preferred stòck.
W e recommend thèse bonds as a safe
investment. Price 1 0 3 .
$152,000.
S T U R G IS GOSHEN & S T . LO U IS R Y . CO.
3 Per Cent Gold Bonds.
INTEREST JUNE AND DECEMBER.
P R IN C IP A L DUE 1 9 9 0 .
Principal and interest payable in gold
coin and guaranteed by the L ak e Shore A
M ichigan Southern R ailw ay Co.
$ 4 7 6 ,0 0 0 .
B A T T L E G R E fcK dc S T U R G IS R Y . CO.
3 per cent Gold Bonds.
INTEREST JUNE AND DECEMBER.
P R IN C IP A L DUE 1 9 9 0 .
Principal and interest guaranteed by the
Michigan Central R ailroad Company.
$ 2 0 2 ,0 0 0 .
B A Y C I T Y A B A T T L E C R E E K R Y . CO.
3 per cent Geld Bondsv
INTEREST JUNE AND DECEMBER.
P R IN C IP A L DUE 1 9 9 0 .:
Principal and Interest payable in gold
coin, and guaranteed by the Michigan Cen
tral R&ilroad Company.
P R IC E . 7 4 AND IN T E R E S T .
W E RESERVE THE RIGHT Tt) ADVANCE
PRICE WITHOUT NOTICE.
F L O W E R & C O .,
52 BR O AD W AY.
T H E A M E R IC A N COTTON O IL , CO..
L
29 Br o a d w a y , new Y ork , May 3,1892.
__
TO THE STOCKHOLDERS OF
THE AMERICAN COTTON OIL COMPANY.
Yon are hereby notified:
. . ..
(1.) That a dividend of three per centum out of the
net profits of the Company has this oa» been declared
upon the outstanding Preferred Stock of this Company, payable on the 1st day o f June, 1892, at the
office of Messrs. Winslow, Lanier A Co., bankers. No.
17 Nassau Street, New York City, to holders of record
e f such Preferred Stock at 3 o’clock P. M. on the 18th
* T?hef Preferred Stock Transfer Books will be closed
for this purpose on the 18th day of May, 1892, at 3
o’clock P. M., and remain closed until the 2d day of
June, 1892, at 10,o’clock A. M.
,
■
(2.) That, deeming it for the best interests of the
Company that provision be annually made for the
retirement and cancellation of the outstanding De
benture Bonds on or before the maturity thereof,
Nov. 1,1900, the Company has appropriated for the
current fiscal year a sum sufficient to pay off and
redeem s u c h Bonds to the par value of Two Hundred
and Ten Thousand ($210,UO0) dollars, on or before
July 1,1892, of which due notice will be given by
publication.
. ,,
_
(8.) That the capital stock of the Company, as
erlginally authorized, has been reduced by the re
tirement and cancellation of the following amounts,
Preferred Stock....... ............................. .
99
Common Stock.........................................
8o4,900 00
Total.................... ............. ................ ..$1,292,600 00
thus leaving the amount of the capital stock out
standing as set forth In the last Annual Report of
the Company.
R. F. MUNRO, Secretary.
Office e f the
V Y . G U A R A N T Y A IN D E M N IT Y CO.
59 Ced a r St ., New Y ork . May 19,1892.
The GENERAL ELECTRIC COMPANY o f New
of k having offered to its stockholders of record at
ie close oi business on the 27th of May, 1892, the
pportunity of subscribing for its debenture bonds
i provided in a circular of that company dated
iay 16, 1892, notice is hereby given that for the
nrpose of enabling holders of the trust receipts of
lis company to participate in such subscription,
ie books of this Company .or the transfer of trust
icelpts issued by it for stock, either of the Edison
eneral Electric Company or the Thomson-Houston
ilectrio Company, will be closed from May 27,1892,
13 o’clock P. M.. and will re-open June 8,1892, at
) o’clock A. M.
'
■ ^ - The dosing of this Company’s hooks.is in pursunce o f the direction and determination o f the Gomilttee named in the Stockholders’ Agreement of
eh. 9,1892.
H. A. MURRAY, Treasurer.
fin a n c ia l.
NOTICE.
TT OUSTON dfc T E X AH C ENTR A L R ’ Y C O.
X X WACO A NORTHWESTERN-------------DIVISION.
nue property ’o f the Houston A Texas Central
Rifili
___lway Company, Wa*x> A Northwestern Division,
having been ordered to be sold under foreclosure by
decree of the United States Circuit Court for the
Northern District o f Texas, holders of the first mort
gage 7 per cent bonds o f said company are requested
to call at the offices o f any of the undersigned mem
bers of the FIRST MORTGAGE BONDHOLDERS’
COMMITTEE for the purpose o f protecting their
Interests by signing the bondholders’ agreement.
CHARLES MORAN. 68 William 8t..
WILLIAM J. QUINLAN. J*.,
Chefifical National Bank of NewYork.
HENRY Hi McHARG, 40 Wall St.,
Committee.
I A C L E D E G A S L IG H T CO M P AN Y.
St . L ouis , Mo., May 14,1892.
The Directors of this Company have declared a
dividend of ONE AND ON E-QUARTER" (1W) Per
Cent on the PREFERRED CAPITAL STOCK, pay
able on and after June 15, 1892, as follows: On
New York stock at the office of the Company’s fiscal
agents, Messrs. H. B. Hollins A Co., 15 Wall Street,
New York City, and on'the St. Louis stock at the
office o f the Company, 411 North 11th Street, St.
Louis, Mo..
The transfer books will he closed May 25,1892, and
reopened on June, 16,1892.
EMERSON McMILLIN, President.
P E N N S Y L V A N IA
R A IL R O A D
COM L PANY.
TREASURER’S DEPARTMENT,
P h ilad elph ia , May 2,1892.
The Board o f Directors have this day declared a
Semi-annual Dividend of THREE PER CENT upon
the capital stock of the Company, cleat of tax, pay
able on and after May 31 next, to shareholders as
registered on the books of thé Company at 3 P. M.,
April 30,1892.
Qn Saturday, May 28, Dividends will be paid to
Women only.
ROBERT W. SMITH, Treasurer.
T H E M IL W A U K E E S T R E E T R Y . CO.
X
Mi. ls BrriLDiKG, Broad St , May20,1892.
The coupons dne June 1, 1892, of the FIVE PER
CENT Consolidated Mortgage.Gold Bonds of this
company will he paid on and after that date on pres
entation at the office of the Central Trust Com
pany of New York, 54 Wall St., NewYork City.
C. A. SPOFFORD, Treasurer.
TO
IN V E S T O R S .
The Sunflower Land A Manufacturing Co. offers for
sale 90,000 acres of the finest land in the Misslsslpp
delta. The soil ls the richest loam—unsurpassed for
cotton. It ls heavily covered by virgin forest o f the
best quality of hard-wood timber. It Is all In Sun
flower County, Miss., convenient to river and rail,
j The entire body is offbred at a price but little la
advance o f figure et which the timber alone has jus*
been sold from 16,000 acres o f it. For particulars
address,
T. B. TREZEVANT. President,
Memphis, Tens.
Buffalo Railway Co. 5s and Ntock.
Rochester Railway Co Stock.
Milwaukee City RR. at mortgage 5s.
Wheeling Br. Sc Terminal Ry. Co. 2ds.
Housatonic RR. Preferred Stock.
Che». & Potomac Telephone Co. Stock.
DEALT IN BY
8AMUEL H. BARROWS, 34 New 8t .
Charles T . W in g & C o .,
BONDS,
18 W A L L
STREET. NEW
YORK.
Frank E . W in g.
Henry A . G laeslord.
Edward N . Gibbs. Special.
B a n k . T r u s t C o ., G u a r a n te e C o .,
L ife a n d F ir e I n s u r a n c e . G a s. E le c tr ic
L i g h t . S treet R a i l w a y a n d I n d u s t r ia l
S e c u ritie s l o c a l to N e w a r k
DEALT IN BY
J.
7
S.
R IP P E L ,
C lin to n S tree t, N e w a r k , N . M
8100,000
6 P E R CENT GO LD F UND IN G BONDS
Cascade County, Montana,
Interest and Principal payable in New York City.
Assessed valuation...................................... $12,382,864
Debt ... ....................
341,301
Population.....................
..18,500
Price and particulars on application.
C. H. W H IT E & C O .f
NEW YO R K ,
7 9 A 7 4 B ’ w ay.
TA C O M A , W A S H .,
Merchants’ Nat. B k. Bdg.
ATLANTIC MUTUAL INS. CO. SCRIP
D ealt la by
AUGUSTUS F L O Y D ,
3 9 F IN E S T R E E T , N E W Y O R K .
REPRESEN TIN G THE IN D U S T R IA L A N D COM M ERCIAL IN TERESTS OP TH E
UNITED STA TE S.
Entered according to A ct of Congress, in the year 1892, by Wm . B. D ana & Co., In the office of the Librarian of Congress, Washington, D. O )
NO. 1,404.'
S A T U R D A Y , M A Y 21. 1892.
Y O L. 5L
$ lu e
d ir m t ic l« .
Terms of Subscription—Payable in Advance:
For One Y ear........................ —............................................$10 00
For Six M onths............. ........................................................ , X 99
European Subscription (including postage).......... .— .. 12 00
European Subscription Six Months (including postage) - 7 00
Annual Subscription in London (including p osta ge).... £2 IDs.
Six Mos.
do.
do.
do.
■•—. £1 10s.
The I nvestors ’ supplem ent of 160 pages is issued every other
month, on the last Saturdays of Jan., March, May, July, Sept, and
Nov., and furnished without extra charge to all subscribers of the
The^TATE and CITY Su pplem ent of 184 pages is Riso given to every
yearly subscriber o f the Ch ro nicle .
.
,
File covers are sold at 50 cents each, and to new subscribers for a
year one file cover is supplied without charge; postage on the same is
2’6 per cent, while for the remainder of the country the in
crease reaches 5-l per cent. In ratio of increase Seattle lead
this week with 100*2 per cent, and is followed by Minneapolis.
41*7; Omaha, 39*2; St. Joseph, 32*6; .Grand Rapids, 28*5; Sal"
Lake City, 26*5; and Peoria, 25*3 per cent. The most import*
ant losses have been at Waco, 29*4 per cent; Birmingham,
22; Nashville, 20*4; and San Francisco, 15*3 per cent.
Week End’g Afa® 7.
Week Ending May 14.
1892.
New Y o rk ....................
$
741,500,664
. 1891.
$
722,504,488
P. Cent.
+2*6
1892.
771,095,423
P. (lent.
+8*0
(1,542,774) (1.545.121) (-0*2) (1,170,073) (-999)
(545,800) (+1009)
(268,100) (+61*2)
(428.500)
(62,719.350) (64,373,575) (+15*3) (52,513,125) (-542*5)
(682,000) (+<j#*6)
(336,000) (-54*8)
(152,000)
1 Q AATltfl
Subscriptions will be continued until definitely ordered stopped. The Boston............................ 101,975.140 94,382,572
+8*0 103,587,193
+49
publishers cannot be responsible for remittances unless made by drafts Providence....................
5,370,500
6,457,500
+3*4
6,643.900
h r»
2,258,956
2,034.932 +14*2
+6*4
2,324.311
Hartford........................
A#r Post Office money orders.
1,394,090
1.445.91S
4-4*0
*8*1
1,504.341
New H aven ..................
Terms o f Advertising—(Per inch space).
1,435,752 +16*7
+9*0
1,160,366
1,254,772
Springfield.....................
1,349.582
—1*1
1,180,047
+
17»
1,167.086
.....
.....................
$3
50
Three
Months
(13
tim
es)..
$25
00
O netim e
1,150,000 s a u t
1.087.686 +21*0
1.316.095
One Month"
(4 tim es).. 1 1 0 0 Six Months
(26 “ . ) .. 43 00
1,447,889 +07*5
882,184
891,929
+1*1
Two Months
(8 “ ). 18 00 Twelve Months <52 “ ) .. 58 00
479,190
+49
430,879 +12*1
483,019
L on d on A sen ta :
M essrs. E d w a r d s & Sm it h , 1 Drapers’ Gardens, E . C., will take sub-
(Stocks............. shares.)
iCotton.............. bales.)
(Grain............bushels.)
(Petroleum..........bbls.)
Total New-England..,
oriptions and advertisements, and supply single copies o f the paper at Philadelphia..................
1(1 ARCll
( W I L L I A M B . D A N A & Co.., P u b l i s h e r » ,
w il l ia m B. DANA.)
j q » W i l l i a m S tr e e t, N E W Y O R K .
JOHN O. FLOYD.
f
POST OFFICE BOX 958. .
Binghamton...................
CLEARING HOUSE RETURNS .
The following table, made up by telegraph, etc., indicates
that the total bank clearings o f all the clearing houses o f the
United States for the week ending to-day, May 21, have
been $1,203,341,176, against $1,224,593,942 last week and
$1 ,091,960,976 the corresponding week last year.
Clearings
Returns by Telegraph.
Lexington................... .
Week Ending May 21.
1892
1891. .
118,473,152
+4*7
-3*4
+2*7
+11*0
+11*3
+1*9
+19*1
+8*8
+10*9
+4*0
79,527,533
16,326,596
16,292,423
9,375,287
2,374,560
1,679,080
1,088.814
875,472
288,000
+20-S
106,815,698 105,912,864
99.735.401 92,025,179
13.299.400
15,817,600
6.940,653
6.627.580
6.531.18Ö
6,800,000
4.940.306
5.474.328
3.206.000
3.800.000
2.514,761
2.184.379
1.669,843
2.091.730
773.948
994.617
491,956
463,021
+0*9
131,393,232
4-9*8
+ 21-1
#9 *0
+8*1
160,629.762
4*10*8
18.830,035 -15*3
1.789,807
+9*7
1,316,069 +26*6
967,570 +100*2
974,781 —12*8
696,962
1-9*7
15,691,449
Y,286,989
2,398,569
1,354,976
802,129
1,167,463
23,123,243
24,575,224
-5*9
23,700,675
9.000.278
9,410,596
. 4.664,087
6.330.376
4,966,470
2.272.447
1.643,461
1,035.993
1,048,836
590,506
662.547
380,977
9,059,439
6.642,074
4.451,228
4,186,822
4.831.853
1.952,881
1.239.031
1.037,616
991.935
588,939
003,623
364,861
—0*7
+41-?
-f-4‘8
+39*8
“{-*28
+16*4
+82*6
+2*7
+5*7
“{“0*3
+11*7
+4*4
Beven cities, 6 days. . . . . . .
Other cities, 6 d a y s ............
$862,465,173
140,771,986
$787,358,043
125,816,293
+9*5
+11*9
Total all cities, 6 d ays.....
A ll cities, 1 d a y .................. .
$1,003,237,169
200,104,017
$913,174,336
178,786,646
+9*9
+11*9
Total all cities for week...
$1,203,341,176
$1,091,960,976
+10*2
The full details of clearings for the week covered by the
Topeka..........................
above statement w ill be given next Saturday. W e cannot, of
course, 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 o f the week have to be
in all cases estimated, as we go to. press Friday night. Below
are our usual detailed figures for the previous week, that is
covering the returns for the period ending with Saturday
noon May 14, with the comparative totals in 1891.
It will be noticed that the total of clearings for the week is
eighty-seven millions of dollars less than for the week ending
May 7, but that compared with April 30 there is an increase
o f fifty millions. Speculation in share properties on the New
York Stock Exchange has been more active than in the pre
ceding week, and dealings on the Produce Exchange have
been heavier. :
Compared with a year ago .the week’s clearings show a gain
o f 3'6 per cent, the New York figures exhibiting an excess of
Total Other Western..
+8*8
+8*T
# 0 '4
+13*9
+18*8
15.943.293
1,962,479
1.665.140
1.937.527
850.000
764,804
17,567,120
6,510,763
+25*6
+14*8
+299
126,825,764
+10*2
+7*0
+6*3
+2ÍS-0 Los Angeles.............
+11*8
Total Pacific..............
+j0*5
—10*8
Per Cent.
$544,963,668
76,109,127
67,014,414
11,079,418
73,422,000
17,474,230
7,295,186
-4-8*8
+8*4 114,936,035
15,682,450
+3*9
7,847,680
+11*6
6.700.600
“f 4*1
6,685,444
+10*8
4,060,700
+18*6
. 2,284,494
—13*1
2.025.600
+28 3
926.802
1-28*5
530,557
—6'9
141,988,651
$600,470,929
81,467,607
60,699,013
.13,630,741
+7*9
60.300,158
13,459,488
12.951,423
7,670,811
2,184,435
1,492,766
847.864
792,619
263,300
64.052.768
13.825.311
14.370.890
8.534.394
2.175.849
1.777.466
922.473
879,247
277,800
Total Middle W estera.
New Y o r k ..............
Boston.....................V..........—
Philadelphia...........
Baltimore........... .
..........
C h ic a g o ....................... ..
Bt. L o u is ............ . . . . . . . . . . .
N ew Orleans.................. .
82,1X9,000
Total Middle.........
116,570,593 103,062,029
—7*6
+20-4
+23*8
+89
+19
+26-0
+180
-6*4
+91-9
+65*5
+39*5
*p-18*2
4-24*8
+3*8
+3*8
+ 149
T+99
+33*8
—0*»
- -3T9
- -25*8
£-lit.
--86*1
)+0*l
+9*8
1-3*4
41,536,613
35,850,3P2
+15*9
49,260,597
21,495,420
9,120,838
7,696,156
2.765,913
2.604.007
2.102,907
1.395,936
2.414,263
1.0l3.8e8
926,575
680,288
648.874
666,483
42*3,000
+6*4
—8*0
+8*7
—13 8
-8*1
—6*0
—1*6
-20*4
—11*8
+i*2
+1*6
—22*0
—29*4
+18*5
24,848.394
9,353,998
8,000,808
2,895,838
2,400,000
2,230,686
1,411,835
2,020,991
931,493
938,030
670.000
552,257
600.000
620,000
1,491,467
1,530,233
i+ 0 9
—3*5
,+8*8
| —1*8
—29
*r-109
A—6*8
Atlanta*.............. . ....
22,868,114
8.390.417
7,981,376
2.382,891
2.300.000
2.000.000
1.873,609
1.921.613
900,000
942,397
589,081
606,240
400,000
601,243
1,300,626
1,338,347
Total Southern...........
53,058,580
53,654,527
—1*1
57,274,330
+18
New Orleans..................
Birmingham..................
Chattanooga..................
Total all.................... . 1,224,593,942 1,181.952,666
Outside New Y ork ...... 483,098,278 459,448,178
10.866,358
12,211,762
Montreal*................
1,108,179
1.069.653
Halifax*.........................
6,418,621
698,943
Hamilton*......................
* Met includes la tetáis.
+3*6 1,311,069,703
+6*1 336,064,289
+12*4
-4*6
11,802.930
1 197,421
6,454,Owö
762,938;
+14*1
-15*4
—2*8
,+4*0
+ 20*1
— lit
+13*2
+13*8
+*9
+ 10*0
+238
—5* 8
820
,T H E
C H R O N IC L E .
[VOL, LTV.
Besides, the general public is aware that this is a very
large country, and the promises even now are for good
STATE ANB CITY B E f AfmvfEWT, supplies of our products, so that with the old surpluses
See paces 861, 862, 863 and 864 for our State and these new additions the railroads are likely to get,
and City Department. Among other items of news we give
as soon as the wagon roads dry up, and on through the
the full detailed statements of the bonded debt, &c., of Jersey
City, N. J ., and Leavenworth, Kan., the debt o f each city year, all of that kind of traffic they need. With refer
having been revised by means of reports received since the ence to the harm certain of our carriers have suffered
second issue of our S t a t e a n d C i t y S u p p l e m e n t was sent to and are threatened with from the floods, it is well un
press.
derstood as likely in all cases to be but a trifling matter,
All advertisements with relation to State and City Bonds and that there is no chance whatever of disaster to any
w ill likewise be found on the same and following pages.
road from that cause.
In addition to the rains and floods and crop condi
A n ew edition o f the
tions narrated above, our markets have been domi
STATE AKB CITY SUmEWEUT,
nated during the week chiefly by what may be
revised to date, is mailed to-day firee o f charge to every properly called divers trivial incidents. A more
subscriber of the Chronicle.
important
influence,
however,
has
been the
European buying of our stocks,
not evident
THE F IN A N C IA L SITUATION.
in the arbitrage takings, but in continued pur
The rain and floods in the West and Southwest hare chases through our bankers. This movement has been
grown more serious during the week and at the latest reflected, too, in an easier condition of foreign
dates the conditions had not improved. A notable exchange and in the stoppage of gold shipments to
feature has been the sudden rise of four feet, within Europe. In the present skate of the money market, not
about an hour and a half, of the Floyd River which only at London, but on the Continent as well, such
flows through Sioux City, Iowa, causing a volume of purchases are natural and may we not add likely
water to spread over the banks to a depth of three feet to expand during the summer, if no untoward
and so covering the lower portions of the city as to re event happens. This week the Bank of France has
sult in the loss of many lives, the driving of several reduced the official rate to 2£ per cent, and the open
thousands of the inhabitants to higher ground and the \market rate in Paris is only 1 per cent, which is said
In London £ of 1
destruction of much property. The latest news by to be almost unprecedented.
telegraph concerning the situation in the South, espe per cent is stated by cable to bs the figure for sixty to
cially the situation of the Mississippi River, its tribu ninety-day bills; some banks are refusing to take new
taries and the adjacent country, we give in our cotton deposits, while the rate paid on call is, as we stated
With capital so
report; it appears that all the way from St. Louis to last week, only £ of one per cent.
New Orleans the rivers and the crevasses are causing abundant it is certainly reasonable to anticipate that
increased anxiety. With reference to the West, the the inquiry for our securities, already bo apparent,
section most unfavorably reported is the central sec will further develop.
Almost the only feature in the market for money on
tion from Illinois through Iowa and Nebraska ; of the
rivers in this district, nearly all are unprecedentedly call this week has been a lighter demand «aid to be due
high, while the land in that portion of the country is in great part to the operation of the system for
literally soaked with water. Without doubt, for the clearing stocks inaugurated on the New York Stock
time being, the outlook over a wide stretch of territory Exchange. As represented by banker*’ balances, the
range for call loans during the week has been 2 and 1
is in many ways disturbing and distressing.
But while the above statements in no degree exag per cent, the average being about 1£ per cent. Renew
gerate the occurrences of the week and the aspect of als have been made at 1£ per cent, and bank« and trust
affairs in the particulars mentioned, it is a fact that companie* quote 2 per cent as the minimum. The
these events have not as yet exerted any appreciable in supply of money on time continues abundant and
fluence on the general businees of the country. Crops the demand comparatively light. Quotations are un
we must assume will be late as a result of the weather changed at 2 per cent for 30 to 60 days ; 2-J- to 3 for 90
conditions, and it is almost as certain that they will days to four months; 3£ for five to six months ; and 4
be short, compared with last year. Our railroads, too, for the remainder of the year— all on good mixed col
are suffering not only loss of traffic but many of them lateral. There is a sharp inquiry for first-class com
also lo3S of track and material. Furthermore, as much mercial paper and the offerings are promptly taken,
as possible has been made out of these adverse while good paper continues to sell readily. The rates
per cent for 60 to 90 day
conditions and yet, as stated, they have had very remain unchanged, at 3 to
little influence, outside of the Stock Exchange. endorsed bills receivable; 3£ to 4 per cent for four
There is, however, nothing mysterious about all this. months commission house names, and 4 to 5 per cent
The explanation is obvious and on the surface. We for good single names having from four to six months
raised too much food and too much cotton for the to run. The bank return of last week showed that
worlds consumption last year. Of our food products five of the larger institutions held $5,176,500 out of
we have ample surpluses left over unmarketed, even of $15,772,125 surplus reserve reported by all the banks.
At the European financial centres the market» are
wheat a considerable supply, while of corn the old
»tock must be large.
As regards cotton, from pres very quiet. At London it is reported that there is to
ent appearances, another crop like our last could be an amalgamation of several of the banks, the motive
hardly be given away. So when it is urged that being the concentration of business to the advantage
we will not raise as much wheat as last year, no of shareholders. The cable reports 60 to 90 day bank
one is frightened. When it is asserted that bills at £ of 1 per cent. As said above, the Bank of
the cotton crop will be short, it is remem France on Thursday reduced its discount rate to 2-J per
bered that short does not mean small now; cent, and in the open market discounts are reported at
it merely means something less than
million bales. 1 per cent, which as already stated is believed to be
THE
May 21, 1392.]
THE
C H R O N IC L E .
821
In 1889 the apparent con almost unprecedented. A t Berlin the quotation is L§- companies year by year.
and at Frankfort it is
per cent. The Bank of Eng sumption for April was only 2,208,354 tons. From
land gained £522,000 bullion during the week. This, this there was ah increase to 2,744,232 tons in 1890,
as we are advised by special cable to us, was due to and then to 2,886,709 tons in 1891, and now a further
For the four
imports of £101,000, principally from Australia and increase to 3,050,684 ton* in 1892.
months
from
Jan.
1
to
April
30
the
record
is just as
Portugal, an export of £10,000, and receipts of £431,striking,
the
consumption
the
present
year
being
000 from the interior of Great Britain. The Bank of
1,414,385
tons
larger
than
that
of
la*t
year,
3,061,260
France shows an increase of £1,049,700 gold, and the
Bank of Germany, since the last report, gained about tons larger than that of 1890, and 3,293,801 tons larger
than that of 1889. The amount mined in 1892 fm*
£531,000 of this metal.
Foreign exchange has been dull this week and, in the the four months, it will be observed, was 1,193,«.<>
absence of demand, lower not only for sterling but for tons in excess of that for the four month* of 1891; o f
francs. Commercial bills are scarce, and the offerings this increase the Wyoming region contributed 793,578
of drafts against securities are not liberal, although it tons and the Schuylkill region 415,977 tons, the Lehigh
is reported that the operations of the arbitrage houses region having a slight decrease— 10,679 tons.
While it must always be matter for regret that any
in stocks have been large and that these bankers have
been buyers for European account. Bates have contin railroad company should be obliged to suspend divi
ued unchanged through the week by all but one of the dends— especially where, as in the case of the Northern
bankers. Brown Bros, post 4 87 for long and 4 88£ Pacific, the company is one of large magnitude— yet
for short; Baring, Magoun & Co. 4 87£ for 60-day when such a step becomes a necessity the quicker and
and 4 89 for sight, and the Bank of Montreal and the more resolutely it is taken the better. Nothing is more
Bank of British North America 4 87£ for long and harmful to a corporation than the payment of dividends
4 88| for short. For actual business quotations yester when there is doubt as to the wisdom and expediency
day were 4 86£ to 4 86f for lo n g ; 4 87£ to 4 87f for of the payment. In this instance it is difficult to see
short ; 4 87f to 4 88 for cable transfers ; 4 85£ to 4 86 how the managers could have taken any other course,
for prime and 4 85£ to 4 85£ for documentary com especially after Mr. Oakes, the President, had pre
mercial bills. Kates for sterling and francs are too low sented such strong reasons for not making the
usual quarterly declaration. It must be admitted
to admit of the export of gold.
Evidently the anthracite coal trade is getting into that Northern Pacific affairs latterly have hardly
very good shape. More coal is being mined in the ag appeared as satisfactory as could be wished.
gregate than ever before, and at the same time the ac While the company’s statements have shown
cumulations at tidewater points are being drawn down. the dividends paid to have been earned, the company
The statement of the Bureau of Anthracite Coal Sta has been carrying a heavy floating debt, and its general
tistics for April has just come to hand, and it bears Imortgage botids have been selling at a very low figure,
these assertions out in full.. During that month pro in view of which circumstances it is perhaps a
duction this year was 2,944,503 tons, against 2,813,- question whether the interests of the company
693 tons in April 1891, only 2,579,347 tons in 1890 and its security holders would not have been
and but 2,274,199 tons in 1889 ; and yet stocks at tide promoted had cash dividends been suspended sooner.
water shipping points at the end of the month were re As it is, the decline in earnings and the possi
ported as only 714,842 tons against 821,023 tons at the bility of further losses in that regard have now
beginning. In other words, with the output 130,810 made it imperative that nothing more should bo
tons larger than in the same month of last year, stocks paid out on the stock till the outlook for the future
were reduced 106,181 tons. It is proper to say that becomes clearer. The statement of income and charges
last year stocks also fell off during April— not to the for March has been issued the present week, and pos
T ho
same extent however. In connection with the increase sesses considerable interest at this juncture.
in production the present year for the month, a fact of statement happens to show an increase in both gross
interest is that more than the whole of the increase o c and net| earnings—$184,642 in the former and $137,in
the latter— as compared' with
the
curred in the Wyoming region, the amount mined in 229
but as ther©
that region being 243,929 tons larger than in April 1891, corresponding month last year,
whereas both the Lehigh and the Schuylkill regions was at the same time a decrease in miscella
suffered a falling off— the Lehigh 55,747 tons and the neous income and an increase in charges, the final result
Schuylkill 57,372 tons. The following table presents leaves a deficit the present year of $3,733 for the
a comparison of stocks, production and consumption, month, against a surplus in March, 1891, of 182,556.
For the nine months from July 1 to March 31 there is
both for the month and since January 1.
a decrease of $201,764 in gross earnings and a decrease
January 1 to April 30.
April.
of $149,474 in net earnings. There was an increase o f
Anthracite Coal.
$528,642 in miscellaneous income, accompanied on the
1890.
1891.
1890.
1892.
1891.
1892.
Ton*. . other hand by an addition to charges in the sum o f
Stock beginning..
Ton*.
Ton».
Ton».
Ton».
Ton».
o f period.........
821,033
992,309
754,432 635,652 1,026,107
784,687
In the end, therefore, we have a .surplus
Production.......... 2,914,108 '2,813,693 2,579,347 12,044,192 10,845,316 8,823,839 $845,098.
Total supply.. 3,763,626 8,598,280 8,671.65« 12,798,624 11,380,988 9,849,946 for 1892 of only $989,991, against a surplus in 189,1 o f
St’k end of period
714,812 711,571 827,424
714,842- 711,671 827,424
as much as $1,455,920, being a decrease close on to half
Disposed o f.... 3,050,684 2.886,709 2,744,232 12,083,782 10,669,397 9,022,522
a million dollars. Here is the statement in full.
,---------- March.--------- -, /—July 1 to March 31.—vOf course this is not absolutely conclusive as to the
1892.
1891. .1891-92.
1890-91.
Nor.
Pao.
<
fc
Wis.
Cent.—
$
$
$
$
actual consumption, since if we could know the varia Gross earnings............. 2,369,164
2,184,522 23,269,780 23,471,544
Operating
expenses....
1,396,751
1,349,338
13,720,498
13,772,787
tions in stocks at the interior storage depots the result
Net earnings...............
972,413
835,184 9,549,282 9,698,756
might be changed somewhat, and yet it is a striking
MisceUaneous incom e.. 141,847
279,239 1,374,890
846,24a
and noteworthy •ircumstance that, figured on the basis
Total net income........ 1,114,260 1,114,423 10,924,172 10,545,004
o f tidewater stocks alone, there has been a steady and Fixed charges............... 1,117,993 1,031,867 9,934,182 9,089,084
large increase in the amount of coal disposed of by the
Surplus or deficit....... df.3,733 sur.82,556sur.939,991 sr. 1455920
822
THE
C H R O N IC L E .
[Y ol. LIY.
lies in the fact that what the Court said will aid rather
than hinder a fair execution of the Statute Congress
has passed.
The first action taken with reference to the question
now decided, the record of which we have been able to
find, was in March, 1889. We refer to a ruling by the
Inter-State Commerce Commission at that time made.
It seems that Mr. George H. Daniels, then of the Cen
tral Traffic Passenger Association, presented a commu
nication to the Commission submitting forms of jointrate sheets and making certain inquiries about passen
ger fares. Among the questions he asked was, “ Are
“ so-called party rates illegal ?" In reply the Commis
sion ruled that they were illegal. The question had
reference to a practice which had long prevailed of
giving to theatrical parties and other similar bodies of
persons lower rates when they go in a body than are
given to a single passenger. The Commission said
they were opposed to such dealings because it afforded
an opportunity to ticket brokers to procure the requis
ite number of tickets and peddle them out at some
reduction from the regular rates to single passengers
until the number was made up. Consequently it was
assumed that “ between important cities like Pittsburg
“ and Philadelphia, or St. Louis and Chicago, there
N et Interior
Received by Shipped by
Week Endino May 20, 1892.
“ was no reason apparent why under that system the
Movement.
N .Y. Banks•N. Y. Banks.
$4,632,000 $1,571.000 Galn.$3,061,000 “ business of supplying tickets to individual passengers
. 430,000 Gain. 330,000
% 1A -'I........... ........... ......................
760,000
“ should not fall for the most part into the hands of
Total gold and legal tenders.... $5,392,00Q $2,001,000 Gain, $8,891,000
“ the brokers." Of course if this assumption was corResult with Sub-Treasury operations.
rect the usage would become, as was claimed, demoraliaing in its effects,, and not at all desirable.
Net Change In
’Out of
In to*
Week Ending May £0, 1892.
Bank Holdings.
Banks.
Banks.
But the case which has now been passed upon by the
Banks' Interior movement, as above $5,392,000 $2,001,000 Gain.$3,391,000 Court has in it one highly important fact that will
fiub-Treas. oper. and gold exports.. 16,200,000 14,200,000 Gain. 2,000,000
always prevent its use as a precedent or as a justifica
Total gold and legal tenders. . . . $21,592,000 $16,201,000 Gain $5,391,000
tion for so deplorable a system as that suggested by the
Bullion holdings of European banks.
Inter-State Railroad Commission. Some such action
May 21, 1891.
May 19, 1892.
may of course be attempted, and it may be that
Bank of
Silver.
Total.
Gold.
Total.
Silver.
Gold.
underhand dealing of the kind suggested will hereafter
£
£
£
£
£
' £
21,969,509 be less easy of detection than under the ruling of the
25,179,452 21,969,669
Nngland........ 25,179,452
All we can affirm is
France.......... 61,455,811 51,667,218 113,023,032 61.037.000 50.620.000 101,567,000 Commission hitherto prevailing.
Germany.. .. 86,444,750 12,148,250 48.593.000 80.404.000 16.202.000 45.606.000
Anst.-Hun’y. 6,465,00» 16,588,000 22.018.000 6.129.000 16,480,000 21.909.000 that the decision, as already said, does not authorize
Netherlands.. 6,201,000 6.670.000 9.871.000 6.899.000 5,697,000 9,490,00» the practice, and if the issue presented to the Court had
Nat. B’lginm. 2,786,000 1.893.000 4.179.000 2,959,333 1,479,667 4,489,000
been of the nature assumed, we have the right to suppose
Tot.thli week 134,532,016 88,361,468 222,893,481 116,697,902 89,278,667 204,976,669
T ot-prev.w ’k 132,486,704 88.011,485 220,498,189 118,769,968 88,697,888 202,467,301 from the character of the opinion that the ruling
would have been adverse to the company. The fact
referred to, as preventing the conclusion of the Court
TH E SCOPE OF THE DECISION M ARIN O from authorizing the license feared, appears in the first
f<P A R T Y R A T E S ” LEG AL.
proceeding taken in the case now decided, that is in
* “ Party rates " for passengers lower than the ordinary the issue made before the Commissioners. It; seems
or single rates have this week been declared legal under that the complaint was filed with the Commission
the Inter-State Commerce Act bv the Supreme Court against the Baltimore & Ohio Railroad July 10 1889, And
o f thè United States. This decision appears to be in that their decision was made. Feb. 21 1890, in which it
accord with the terms of the law, and yet it is one that is stated that the party rate tickets in question were of
the Inter-State Commerce Commissioners have earnestly such a character that “ ten or more persons " must be
sought to prevent. Their theory was that if this view traveling “ together on one ticket.” Obviously there is
prevailed an opportunity would be afforded the rail no opportunity for a broker having such a contract as
roads for great irregularities and discriminations ; in that “ to procure the requisite number of tickets and
passenger chargee. As the matter now stands in the “ peddle them out at some reduction on the regular
light of this decision, such irregularities will be just “ rates to single passengers." A n d yet the Inter-State
as unlawful as they were before. No doubt the roads, Commission in their decision substantially reiterated
under the present ruling, have gained a useful privilege what they had said in reply to Mr. Daniels already
heretofore denied them. It is a privilege, too, as we quoted, and then ordered that the Baltimore & Ohio
»ball presently show, of very wide application; for “ must immediately cease and desist from selling party
although the case adjudicated involved only passenger “ rate tickets" of the kind described above.
It is unnecessary to follow the action in its course
rates, we see no reason why the principle established
should not be extended so as to cover freight traffic as through the courts. We need only say that the Balti
well. But while this is true, the chief importance of more & Ohio refused to obey this ruling, and thereupon
the decision— chief we mean because it adds-so mate the Commission filed a petition praying the United
rially to the weight of the broad conclusion* reached— States Court to issue an injunction restraining the rail-
For the period that has elapsed since the close of
March we have of course only the gross earnings. These
show a decrease of $138,131 for April, a decrease of
$43,566 for the first week of May, and a decrease of
$34,591 for the second week of May.
The stock marked has had to contend with a variety
o f unfavorable influences this week.
Chief among
4;hese have been the rains and floods in the West and
Southwest, the failure of the Richmond Terminal reor
ganization plan, the suspension of dividends by the
Northern Pacific, rumors regarding a new bond issue
by the Atchison, strikes in the stone industries in
various parts of the country, and some other untoward
events. Operators for a decline have of course taken
Advantage of these circumstances to depress prices.
Special attacks have been made on Union Pacific,
Rock Island, Atchison and Erie, and these and some
other stocks have yielded more or less. On the whole,
however, the market held Up better than might have
been expected, until yesterday,when after a very strong
opening, the whole list, under special pressure, became
weak, and a general downward movement ensued.
The following gives the week's movements of money
to and from the interior by the New York banks.
May 21, 1892, J
THE
C H E O N IC L E .
823
road from continuing to violate its order and for a freight business. If the railroad has the right to sell
decree imposing a heavy fine on the Baltimore & Ohio its services at wholesale cheaper than at retail in the
if it failed to obey the injunction. After a hearing matter of passenger traffic, why may it not in
before the Circuit Court, Judges Jackson and Sage on the matter of freight traffic ? This rule has all
For in
August 11 1890 handed down opinions refusing to grant along to some extent been recognized.
the injunction asked for. Thereupon an appeal was stance, car-load lots of one kind of freight from
taken by the Commission to the United States Supreme one consignor to one consignee, also lots less than a car
Court, and this week final judgment has been rendered load of the same merchandise between the same points
in favor of the railroad and adverse to the contention of carriage, and likewise solid car-load lots though not
of the Commission. As a result it follows, of course, of the same kind but of the same character of mer
that railroads have the right hereafter to put “ party chandise— all these have hitherto been carried below
rates " into operation— that is, rates at less than the the charge for the retail shipper. But the rulings of
price for single tickets “ whereby parties of ten or the Inter-State Commission have without exception
more persons traveling together on one ticket " can be tended to wipe out differences and not to give the large
transported by the road. How many shall be included shipper any advantage over the small shipper. It is not
in the one ticket is left open ;^it may be ten, twenty, a unlikely therefore that the Supreme Court decision will
car-load, or perhaps more than a car-load, the number lead to important changes in railroad tariffs; and
being presumably at the option of the railroad; but within the requirement that differences must in every
there is d o warrant for giving the party single tickets case be reasonable, the Supreme Court rule certainly
und so permitting a violation of the act which forbids seems to be not only the wiser, but to conform to the
requirements of merchants and manufacturers, and in
discrimination.
Turning to the opinion delivered by the United deed of all classes of traders.
States Court in rendering its decision, we gain an accu
rate idea of the fundamental principle governing the
conclusion reached, and hence obtain a clearer concep
PROGRESS OF C A N A D IA N PACIFIC.
tion of the scope of the decision. The order entered
In the late calendar year, as shown by the report just
sustains and affirms Judges Jackson's and Sage's con
issued,
the gross revenue of the Canadian Pacific, not
clusion, and the Court's interpretation of the law is
including
the earnings of the Minneapolis St. Paul &
put on the broad ground that the tickets in question
are not an unjust discrimination— that they are simply Sault Ste. Marie and the Duluth South Shore & Atlan
a method of selling transportation at wholesale instead tic, nor the earnings of the company's steamships,
o f retail. Says the Court in substance, the Inter-State reached roughly 20J million dollars. While there are
law seeks among its leading objects to secure just and many railroad companies whose yearly gross revenues
reasonable charges, to forbid discrimination, and to exceed that amount, there are special reasons why the
prevent undue or unreasonable preferences to per total in this instance serves to arrest attention. The
sons, operations or localities. To secure those ends Canadian Pacific has had a corporate existence dating
it prohibits unjust discriminations in the rendition of back only eleven years, to 1881, and under the contract
like services under similar í circumstances and condi between the Dominion Government and the company
tions. But the Court adds; the law “ was not designed the 1st of May of the late year had been fixed for the
** to prevent competition between different roads, or to completion of the main line of the system—that is,
4i interfere with the customary arrangements made by the company had until that date in which to complete
.“ railway companies for reduced fares in consideration the line. But the road was opened through as early as
“ of increased mileage, where such reduction did not 1886, five years ahead of time, and 1891 instead of
“ operate as an unjust discrimination against other finding the company just preparing to begin its through
“ persons traveling over the road. In other words, it business finds it already earning gross of 20£ million
“ was not intended to ignore the principle that one can dollars per annum. Nothing could illustrate better
than this the rapidity with which the construction of
x< sell at wholesale cheaper than at retail."
The last statement is broad and liable to misconcep. the road was pushed and the importance which the
tion. For though these words are general, the facts of system has attained.
The miles of road on which traffic returns are based
the case which were before the Court control their
meaning. That is to say, the decision does not permit now amount to 5,766 miles. Besides this there are 671
th e sale of every wholesale contract at a lower rate than miles of other lines worked but not included in the
a retail operation. The contract at issue was of a pecu. company's operations, and 242 miles of newlines under
liar character; it was not a bunch of tickets, but one construction, making 6,679 miles together. If to this
indivisible ticket. We cannot, consequently, conclude we were to add the Duluth South Shore & Atlantic and
that the Court meant to justify dealings which would the Minneapolis St. Paul & Sault Ste. Marie, we would
allow of the dividing up of a wholesale ticket or of the get a grand total of mileage operated and controlled of
The management refer only in a brief
party having the ticket so as virtually to authorize un 8,153 miles.
matter-of-fact
way
to the circumstance that the report
just discrimination between individuals. Indeed, the
now
submitted
covers
the year in which the main line
opinion says that the reduction must not operate so as
was
to
have
been
completed,
but in their previous
to put to a disadvantage individuals traveling over the
same road ; for to prevent discriminations and prefer report spoke of it more at length, pointing out that
ences is a leading purpose of the law ; the road can not only had this through line long been in operation,
issue “ party rates," but it cannot violate the law; it and not only was the mileage of the system large, but
cannot do a kind of business by indirection which can the company had lines reaching almost every important
place in the Dominion of Canada, besides having con
not under the law be done directly.
We can discover, however, no reason why the prin nections to New York, Boston, Chicago, St. Paul,
ciple laid down in the decision upon which we have Minneapolis and Duluth, and a fleet of steamships
been commenting may not bo held to apply equally to between the Pacific Coast and China and, Japan. -
824
THE
C H R O N IC L E .
It should not bo forgotten, either, that the com
pany's earnings are made on low average rates, and
indeed the fact that much of the business—both pas
senger and freight— is carried long distances would for
bid a high rate. The average received per ton of
freight per mile in the late year was seven-hundredths
of a cent better than in the previous year, and yet fell be
low a cent per ton mile, being in fact only 91 hundredths
of a cent.
In the ease of passengers the average was
further reduced in 1891, and stands at 1*70 cents per
passenger per mile.
Both earnings and traffic show
striking growth.
This would naturally be expected
where the comparison is with two or three years ago.
But we are referring now simply to the increase over
the year immediately preceding— that is, over 1890.
In this period the addition to mileage has been com
paratively small, and yet as against the 20£ million
dollars gross earnings for 1891 the amount for 1890
had been only 16£ million dollars, thus giving an in
crease in a single period of twelve months of over 3 f
million dollars, or about 23 per cent.
The improve
ment came from all departments of business, though
of course the heaviest increase was in the freight re
venues, the addition in that case being 2£ million dol
lars.The increase in
passenger earnings was
$685,000, which proportionately was also very heavy.
The
number of passengers carried increased from
2,792,805 to 3,165,507
and the
number onemile
from 274,940,328to
320,659,836;
the
tons of freight from 3,378,564 to 3,846,710, and
the tons one mile from 1,208,014,731 to 1,391,705,486. In other words, the road carried 372,702 more
passengers and 468,146 more tons of freight, while the
addition to the movement one mile was 45,719,508 in
passengers and 183,690,755 in freight. The average
number of miles traveled by each passenger is not so
very large, being only a little over 100 miles, but on
the freight the average haul is 362 miles, which indi
cates a large amount of business hauled long distances.
The growth is, however, well distributed among all
the different items of freight separately enumerated in
the report. Thus in grain there was an increase from
20,167,888 bushels to 24,894,191 bushels; in flour
from 2,216,914 bbls. to 2,318,999 bbls. ; in live stock
from 288,853 head to 309,639 head ; in lumber from
564 million feet to 630 millions; in firewood from 109,478 cords to 121,010 cords ; in manufactured articles
from 927,787 ton3 to 985,090 tons, and in all other
articles from 726,014 tons to 860,789 tons.
In the net earnings the improvement during 1891
was as marked a3 in the gross. In 1890, when the
gross increased $1,183,390, the net increased but $171,864. For the late year, with $3,688,567 increase in gross,
the increase in net is $1,709,959. In other words, from
$6,127,836 in 1889 and $6,299,700 in 1890, the total of
the net in 1891 rose to over eight million dollars ($8,009,659.) As is well known, of the dividend of 5 per
cent per annum which is now being paid on Canadian
Pacific stock, 3 per cent comes out of the guarantee
fund lodged with the Dominion Government. This
guarantee expires in August next year, and hence an
important question is, whether the present rate of
return can be maintained after that date— that is,
whether the 5 per cent dividends can be provided out of
earnings alone. The answer, of course, will be sought
in the results for 1891, and these, it is very gratifying
to be able to say, show net earnings sufficient to meet
the 5*per cent dividends. Out of the $8,009,659 net
io i that year $4,664,493 was paid for fixed charges and
[ V ol. L iy .
$1,300,000 for the 2 per cent supplementary dividend»
(which with the 3 per cent paid out of the guarantee
made the 5 per cent for the year), leaving a surplus,
over and above these payments, of $2,045,166 on the
operations of the twelve months, a sum in excess of the
3 per cent dividends represented by the guarantee. In.
other words, the profit actually earned for the $65,000,000 stock in the late year was $3,345,166, equal to 5-14.
per cent.
As to the prospects for the immediate future gross
earnings for the first quarter of 1892 show an increase
over those for the corresponding quarter in 1891 of
$441,515, and net earnings an increase of $274,131. F or
April only the gross has yet been reported, and this;
shows an increase of $55,692. The report says that the
last harvest in Ontario and Manitoba was an abundant
one, but in Manitoba was followed by a long period o f
wet weather, which impaired the quality of much of
the grain and delayed its marketing, so that a large
amount of grain yet remains in the hands of the farm
ers in those sections, making the outlook for traffic the
present year unusually good. It is also pointed ou t
that the present year has opened with large land salea
and a much greater movement of settlers to the North
west than at any other time in the history of the com
pany. For the first four months of 1892 the sales of
land have been, we are told, 143,693 acres, for $531,151,
as against only 24,414 acres, valued at $100,200, for the
corresponding four months of last year. In fact nearly
47,000 acres more land are reported to have been
sold thus far in 1892 than in the whole of 1891*
Speaking generally of the outlook for the future, Presi
dent Yan Horne states that the management can seeno reason why the rate of increase in the company's
business for the past six years should not continue..
“ Anything like general competition," he says, “ is
“ practically impossible; the country tributary to the
“ company's lines is of enormous extent; its potential
“ wealth is without lim it; the knowledge of its advan
t a g e s is spreading throughout the world, and people
“ are attracted to it in constantly-increasing numbers*
“ and your directors are confident that the second ten
“ years of the company's history upon which it haa
“ just entered will produce results even more gratify
i n g than those already shown."
One other point is worth referring to. It has some
times been claimed that considering the extent of the
company's road certain items of expense seemed rather
small, and that consequently it appeared likely that
there must be a decided increase in them in the near
future. The report undertakes to show that that view
is not tenable. Here is what the management have to»
say on the subject : “ The directors feel justified in
“ saying that the timber structures, in the permanent
“ way, which were necessarily largely used in orig“ inal construction, are not renewed as such, but are
“ replaced by permanent work ; and, aside from these*
“ on nearly all the principal lines of the company the
“ more important renewals have already been made at
“ the expense of the operating account, and as better
“ materials have been used than could be obtained for
“ the original construction, no appreciable increase in
“ the expenditure for renewals need be looked for be“ yond that due to additional mileage." The current:
finances of the company, it is well to state in conclu
sion, are in excellent condition. Current liabilities,
including vouchers and pay-rolls, aggregate $2,911,911,.
interest due and accrued amounts to $1,543>444 and¡
the supplementary dividend paid February 17 called
ï i Y 21, 1892.]
THE
C H R O N IC L E .
Ö25
fo r #650,000, making a grand total of #5,105,355. As
against this the company held Beeember 31 1891 $5.
702,902 of balances and accounts receivable, $3,686,240
of actual cash and $2,341,639 of temporary loans on
Security and bearing interest, making nearly I l f million
dollars together.
two a loss in net earnings—the same W o in both cases,
namely the Southern group and the Mexican, and the
falling off in both these groups being really very small,
especially as regards the Southern group, where the low
price of cotton and the other adverse conditions ruling
would have suggested quite a heavy decline. The roads
on the Pacific Coast, where, as is known, considerable
GROSS A N D N E T EA R N IN G S FOR MARCH business depression has prevailed, reflect the presence
of that adverse circumstance in merely nominal ratios
AN D THE F IR S T QUARTER,
It is a very encouraging statement of gross and net of gain in net— 4*22 per cent for the month and but
warnings for Maroh and the first quarter of the year 1*35 per cent for the quarter.
Oros» Earnings.
Net Earnings.
that we are able to present to our readers to-day. The S e c t io n o b
Gr o u p ,
1892.
1891.
1892.
189L
exhibit for the three months is very complete and com
Inc. or Dec.
1
S
1
$
(
P . C.
prehensive, since in addition to the roads which furnish TrunkMarch.
llnes..(15; 19,523,827 17,702,463 5,066,856 5,385.348
+581,608 10-80
regular monthly returns we have secured a large num Anthra. coal( 6) 4,147,040 3,409,913 832,606 524,872 +307,731 68-63
Mid. States. (13) 1,674,100 1,647,790
450,557
450,871
+5,686 1-26
ber of others which will furnish results only by quar Mid. West’n.(22) 3,296,674
3,013.605 1,009,134
858,610
+150,524 17-48
Northwest’n(14)
8,017,758
6,825,131
ters. Altogether our statement embraces 208 roads for
3,044,308 2,310,166
+784,152 31-78
Southw e st’n (11) 7,192,779 6,632,748 1,910,714 1,545,654
+865,060 2363
the three months and 131 roads for March, and the Pacific Coast (21) 10,991,567 10,817,044 3,657,521
3,609,400
+148,115 4-22
(27) 5,253,325 4,926,1117 1,574,786 1,578,261
—3,475 0 22
aggregates of the gross and net earnings for each period Southern....
Mexican......( 2)
983,923
918,632
276,054
307,333
—31,279 10-17
Are shown jn the subjoined summary.
Tot., (131) r’ds 61,080,993 55,393,342
18,728,533 16,470,611 +2,258,022 13-10
March.
(131 roads.)
1893.
1891.
January 1 to March 81.
(268 roads.)
Increase.
I
«
'Gross cam's 61,080,993 55,393,313
Oper. exp... A3,352,460 38,922,831
Net cam ’s 18,728,533 16,470,511
1893.
1891.
Increase.
8
i
1
8.
6,687,631 227,564,220 208.998,864 18,565,356
8,429.629 163,357,264 160,199,392 13,057,873
2,258,029 64,306,956 58,799,473 5,507.484
Thus there is a gain of $5,687,651 or 10 27 per cent in
gross and of $2,258,022 or 13-10 per cent in net for
March, and again of $18,565,356 or 8*88 percent in gross
and of $5,507,484 or 9 37 per cent in net for the first quar
ter of the year.
Perhaps in view of last season's excep
tional crops . and the heavy traffic resulting from the
iame, the ratio of improvement is not as large as those
especially sanguine had expected, and yet, as has many
times been pointed out in these columns, the condi
tions were by no means all favorable the present year—
■on the contrary, some were decidedly unfavorable— and
'on the whole the showing must be regarded as quite
satisfactory.
The encouraging nature of the results
^appears the more evident when we make comparisons
with the results for the corresponding periods of other
years. Here is a statement going back to 1887.
■
Tear and
number
March.
1887 ( 58)
•1838 ( 69)
1886 ( 97)
1890 (124)
11891 (140)
1892 (131)
Oros» Earnings.
Year
Given.
t
32,592,658
34,590,318
42,511,961
60,022,598
53,049,806
61,080,993
Net Earnings.
Year
Increase or
Preceding. Decrease.
»
%
Year
Given.
%
8,967,232
13,695,137
ll,:i07,395
14,238,219
15,929,322
16,470,511
$
+3,209,415
—3,391.335
+1,877,876
+1,271,818
+106,962
+2,258,022
Jan. 1 to
March 31.
1887 ( 68) 102.749,170 87,860,468 +14,888,702 33,870,007 27,387,417
1888 ( 87) 117,746,313 116,376,734 +2,369,579 33,744,03i 39,043.273
1889 (118) 148,400,494 139,921,678 +8,478,816 42,318,482 36,969,793
1890 (149) 166,628,417 151,706,160 +14,922,257 49,117,906 43,528.074
1891 (181) 193,005,003 185,3s2,838 +7,«72,165 58,155,440 53.855,277
■1892 (208) 227,564,220 208,998,864 +18,565,356 64,306,956 58,799.472
+-6,472,590
—5,299,239
+5,348,689
+5,589,832
+2,800,183
+5,507,484
26,861,876
36,654,279
40,334,323
44,985,561
52,656,176
55,898,342
+5,727,782
—2,083,961
+2,177,638
+5,037,037
+393,631
+5,687,661
$
12,176,847
10,303,802
13.185.271
16,510,0>7
16,036,284
18,728,533
Year
Increase or
Prtced'g. Decrease.
Against the gain of $5,687,651 in gross and of
$2,258,022 in net for March, 1892, the gain in the
same month last year was hardly more than nominal j
and against the gain of 18£ million dollars in gross and
o f 5-J millions in net, for the quarter, last year's gain
lin gross was but 7 f millions and the gain in net less
than 2£ millions.
The difference in the crop condi
tions in the two years is thus after all plainly
apparent. Another circumstance showing the favor
able character of the present exhibit is disclosed
when the roads are arranged in groups, and it is
found that not a single group shows a loss in gross
«warnings, either for the month or the quarter» and only
Jan. 1 to Mar.81.
New Engla’d(18)
Trank lines..(18)
Anthra. coal (12)
Mid. States.(34)
Mid. West’n.(80)
Northwest’n (18)
South west’n(13)
Pacific roads (23)
South’n r’ds.(40)
Mex’n roads..(2)
15,458,615
73,132,062
19,347,891
11,641,102
10,009,074
2J,539,812
23,227,115
31,143,808
19,215,920
2,848,821
14,712.610
67,706,554
16,465,980
10,635,938
9,267,254,
17,821.021
20,211,600
30,878,570
18.545.932
2,724,405
4,480.206 3,768,424
+711,782 18-88
20,080,988 19,893,25® +187,732 0-94
4,318,034 3,340,990 +1,007,074 3014
3,449,810 3,182,674
+267,136 8-44
2,768,954 2,550,736
+208,218 8T 6
7,467,835 6,395,449 +2,072,386 38-32
5,300,893. 4,224,678 +1,076,320 25‘46
9,521,201 9,394,531
+126,«70 1-35
6,057,635 6,118,504
—60 809 0-9
841,365)
930,330
—88.905 9-5
Tot...(208 r’ds) 227,564,220 208,998,864 64,300,956 68,799,472 +6.507.484 9-37
SOTE.—I n c l u d e d u n d e r t h e h e * d o p —
New England.
Middle State»—(Conc’d).
Bangor & Piscat >quis.! L ike Champ. <!fc Moriah.!
Bennington & Rutl nd.! Lehigh & Hudson River.
Boston A Albany.!
Long island.*
Boston A Matne.+
Manhattan Elevated.!
Bos. Rev. Beach A Lynn.' N. Jersey & New York.t
Bridgton A Saco River.! New York St Mass.t
Central N. Eng. A West.! New York St Northern.
Clarendon & Plttsford.t N. Y. Phila. St Norf.t
Connecticut River.!
N. Y. St Rock. Beach.t
Fitchburg.!
Northern Adirondack/!
Hoosac Tunnel St Wil.t
Northern Central.
Maine Oei tr >l.f
Ogdens. St L. Cham.!
New London N >r.t
Ohio River.
N. Y. St New England.!
Phila. Wil. & Bal.t
N. Y. N. H. St Hartford.! ■jtaten Island K. T.
Old Colony.*
ttony Clove St C. Mt.
Prov. St Worcester.!
Tioga, t
Vermont Valley.t
Ulster St Delaware.
Wallkill Valiey.t
Trunk Lines.
West Jersey.
B. St O., East o f Ohio.
West Va. Central St P.
B. St O.. West o f Ohio.
Western N. Y. St Penn.
Baltimore AOhioSouthw.
Clev. Cin. Chic. St St. L.
Middle Western.
Peo. St Eastern Div.
Bellaire Zanes. St Cln.t
Grand Tr. o f Can. (8 r’ds. Chic. Kal. St Tiaginaw.t
Lake Shore St Mich. So.t Chic. & ■est Mich.
N. Y. Cent. St Hud. R .!
Cin. Georg. St Ports.t
Cin. Jack. St Mack.
Cin. St Kentucky So.t
■in. Ports. & Virginia,
Cin. Wab. St M.
West of P tts. St Erie t Cleveland Akron St Col.
Grand Ran. St Ind. sis. Cleveland St Canton.
Pittsb. Youngs. St Ash. Cle^. Lorain & W.t
Vabash.
Cleveland St Marietta.
Det. Bay City St Alpena.
Anthracite Coal.
Det. Laos. Sc Nor.
Delaware & Hudson.—
Elgin Joliet St Eastern.
Albany St Sustiueh’ na.t Evans. Sub. St Newb.t
N. Y. St Canada.t
Flint St 'ere Marq.
Renns. St Saratoga.t
Illinois Central.
lei. Lack. St v* .—
Iud. ill. St Iowa.!
N. Y. Lac*. St West.t
Indianap. Dec. St W.
Syracuse Bing; St N- Y.t iron Railway.
«high Valley.t
Lake E. Alliance St So.
r. Y. Ontario & West.
Lake Erie St Western.
Louisv. N A. St Chic.
Manistiq uet
Coal
St
Iron
Co.
Pitts. Marion St Chicago.
gummit Branch.
Sag. Tusco. St Huron.
Lykens Valley. S
Toledo Col. & Cin.
Toledo St Ohio Central,
Middle States.
Toi. Peoria St W.
j
f Northwestern—(.Coric’d),
Milwaukee St Northern.
Mineral Range.t
»linn. St St. Louis.
«inn. St. Paul St S. S. M.
Quincy Omaha St K. C.
-it. Paul St Duluth.
Sioux City St N rthern.
Wisconsin Central.
Southwestern.
Atoh. Top. Sc 8. F. (4 r’ds.)
Colorado Midland.
Denver St Rio Or.
Hutchison & Souther .t
Lit. St Gt. Northern.
R a n . C. F .
A M em .
Mo. Pac. St Iron Mt.
Rio orande Southern.
St. Louis Southsrestern.t
Tex.Sab.Val.A N.West.
t'acinc Coast.
Canadian Pacific.
C o lu s a A L a k e .!
Nevada pent a t
Northern Pacific.
Oregon Improvem’t Co.
Prescott St A ns. Cent.
Rio Grande Western.
San. Fran. St North. Pac.
So. Pacific (6 roads).
Union Pacific (9 roads).
Southern Hoads.
Btr. St Atlantic.
Bir. dheff. St Tenn. Rlv.
Carolin * Mioland.t
Char. Cin. & Chic.*
Cheraw St Darlington.
Ches. St Ohio.
Ones. Ohio A Southwest.*
Oin.N.O. * Tex. r*.(5r’ds.)
FarmviHe A Powhattan.t
Fla. t lent, A Pen t
Georgia Railroad.
Ga. Southern A Fla.
Gulf A <hicago.
I=*ck. Tampa A K. W.
San. City Mem. A Bir.
Louisville A Nashville.
Louis, dt. Louis A Lex.
Nash Chat. A St. Louis.
Natchitoches, t
New Orleans A Southern.
Norfolk A Western
Northeastern (d. C.)t
Petersburg.
Î
Northwestern.
Rich. A Du dv . (8 roads.) t
Burl. Cedar RaD. A Nor. Rich. Fred. A Pot.!
’
Chic. Burl. A North.
Rich'. A Petersburg,
I
Ihic. Burl, a Quincy,
tandersville A Tennlllct
Bath A Hammondsporc.t hie. Mil. A St Paul.
Sav. Amer. A Mont.
Beech Creek.!
Des Moines No. A West. South Carolina,
Brad. Eldred A Cuba.!
Des Moines A Kansas C.i r-n n . Midland.
Buff, Roch. A Pitts.
Duluth A Iron R+nge.!
Wrightsv. a Tenn ¡lie.
Camden A Atlantic,
Hanc >ck A Calumet.!
Mexican Hoads.
Carthage A Adirondack.! Iowa Central.
Mexican Central.
Cumberland Valley.!
Keokuk A Western.
Mexican National.
For the month only. . ^ ! For the quarter only.
t We include these
Western lines in our table by taking an estimate for 1891 ou which to base the
increase reported for this year.
It is evident that the anthracite coal roads, the North
western roads and the Southwestern roads have been
nusually favored and have thus prospered beyond all
others. The gains in those cases are striking and note
worthy, both in ratio and amount. The anthracite coal
roads show 58-63 per cent gain in net for the month
and 30*14 per cent for the three months ; the North
western roads, 31*78 per oent for the month and 38*32
THE
826
(_VOL. JjIV.
C H R O N IC L E .
For the three months, four systems together have;
per cent for the quarter, and the Southwestern group,
23*63 per cent for the month and 25*46 per cent for the nearly 7£ millions increase in gross, namely the Quincy
quarter. In amount, the gain for the quarter is 2 mil $2,272,927, the Pennsylvania $1,899,765, the Reading
lion dollars for the North western group and 1 million $1,718,838, and the St. Paul $1,508,979. As to the
dollars each for the coal group and the Southwestern. gains below a million in gross, there are almost three1
Of course there are in all these cases roads which form dozen, ranging from that figure down to $100,009Lic
exceptions to the general rule, hut the aggregate re The only losses of consequence in gross for the three
sults as here given reflect prevailing conditions pretty months are $288,641 by the Richmond & Danville sys
accurately. The trunk line group has only a trifling tem, $279,267 by the Southern Pacific, $150,603 by the
gain in net for the three months,, but that arises Georgia Railroad, $136,036 by the Northern Pacific,,
entirely from the heavy increase in expenses, a and $108,013 by the South Carolina. In net, for the
tendency observable with nearly all the roads in same period, the New York Central has a loss of $436,that group, and perhaps well typified by the result 977, as already mentioned, the Southern Pacific a loss
on the Lake Shore, where a gain of $777,429 in of $255,302, the New.York & New England $196,812,
gross receipts has been attended by a gain of the Erlanger system $187,478, the Georgia $137,870,
only $51,692 in net. The New York Central, with the Old Colony $121,638, the Erie $91,906, and the
$681,364 increase in gross, actually loses $436,977 in Mexican Central $86,289. In amount of gain in net
net, the comparison being here taken on the basis of for the quarter, the Quincy leads with $1,076,896, the
St. Paul is second with $652,841, the Reading has
the same mileage in both years.
Coming to the individual roads, we need hardly say $551,203, the Pennsylvania (lines east and west), $528,there are some very heavy amounts of gain. Taking 983, the Denver & Rio Grande $440,986, the Boston &
the month first, the Pennsylvania system east and west Albany $315,783, the New Haven $281,667, the Cana
of Pittsburg has $996,128 increase in gross, the Bur dian Pacific $274,131, the Lehigh Valley $268,676, the
lington & Quincy $763,477 increase, the Reading with Missouri Pacific $263,749, with a large number below
the Coal & Iron Company $665,196 increase, and the a quarter of a million. The following embraces all
St. Paul $609,148, these four systems together thus gains and losses above $100,000 in the case of the gross
reporting over three millions increase. Many other and above $75,000 in the case of the net.
PRINCIPAL CHANGB9 IN G R O S S EARNINGS FOB 3 M O N T H S .
roads have gains which ordinarily would appear large,
Ty»ItfAS) Bpfi.
In creases.
but which are dwarfed by the heavy increases men Chic. Burl & Q uincy...$2,272,927 Boston & Maine............
$199,2S8
176,129
(E. &W. P. & E .) 1,899,765 Mexican Central............
tioned. There are only two losses of consequence in tPenn.
163,588
Phil. & K. and C.&I. Co. 1,718,838 Northern Central..........
150,300
Chic. Mil. & St. P a u l... 1,508,979 Ches. & O h io ..............
the gross for the month, namely the Southern Pacific Lehigh
147,845
VaUey...............
999,977 Wis. C e n t r a l..............
Shore & Mich. So.
777,429 Clev. C. <'. & St.L (2 rds) 143.357
for $51,014 and the Georgia Railroad for $40,436. In Lake
139,368
Atrh. and 8 Fr. (4 rds). 776,019 Kan. C. Ft. 8. & M.........
123,072
& Ohio 8. W .......
the net for the month the Pennsylvania system shows UN Y. Cent. & Hud. R .. 681,364 Balt.
108,086
Mo. Pac. & Iron M t.....
613,083 Fla. Cent. & P ...............
Paul & Duluth..........
107,180
$446,330 gain, the St. Paul $320,908, the Reading Balt. & Ohio (2 r d s )...; 684,418 St.
107.123-,
Phila. Wil. & Bal............
510,343 Buff. R. & P ...................
with the Coal & Iron Company $286,064, the Quincy Louis. & N a s h .......... 452,312 Maine Central. . . . . . . . . . 100.169
Canadian Paoiflc............ 441,516
$276,691, the Denver & Rio Grande $155,867, the Mis N. Y. L. E. & W e s t...... 419,711 Total (representine 54
r o a d s )...................$18,231,462.
Wabash..........................
387,893
souri Pacific $113,862, the Northern Pacific $107,805, Denv. & Rio Grande... 314,012
D ecreases.
*G’d. 1 rk. of Can. (3 rds)
313,705
the Grand Trunk (including the Chicago & Grand •Nash. C. & St. L .......1 294,852 Rich. & Danv. (8 rds)... $288,641
279.267
111. Central....................
291,839 Southern Pac. (6 rds)..
Trunk and the Detroit Grand Haven & Milwaukee) Union Pacific (9 rd s)... 271,318 Georgia ...............
150,603
136,036
Minn. St P & 8. S. M ..
228,321 Northern Pacifie............
$106,620, the Louisville & Nashville $104,864, &c., &c. Burl. Ced. Rap. & N o ... 209,690 South Carolina............... 108,013
E le v ..........
209,241
The principal losses in net for the month are $110,369 Manhattan
Total (representing 17 .
199,526
Boston & Albany..........
roa ds)......... .
$962,560
Norfolk
<
fe
Western..
.
.
.
197,931
by the Erlanger system, $45,906 by the Ohio & Missis
*
On
the
basis
o
f
$5
to
a
A.
sippi, $42,884 by the Georgia Railroad, and $39,759 by
■ n ___ ._____
the Mexican Central. A complete list o f all gains and: $1,493.624.
t Western & Atlantic included this rear only.
» Includes Rome Watertown & Ogdensburg in both years.
losses abovfe $30,000, both in net and gross, is given here.
a
PBINCIPAL CHANGES IN G R O S S EARNINGS IN M A R C H .
In creases.
In crea ses.
IPenn. (East & West lines) $996,128
a Quincy---A „í« /,o
A-.n
Chio. *n,.«i
Burl. &
- nao
763,417
Fh. & Bead, ana C. & I.Co. 665,196
Chic. Mil. & St. P . . . ......... 609,148
Balt. & Ohio (2 ro d s ).:.. 228,023
Mo. Pac and Iron M t.... 226,190
*Gr’d Tr’nkof Can. (3 r’ds) 210,015
Louisville & Nashville.... 206,368
N. Y. Lake E. & West. - 181,200
Ateh. and San Fr. i4 r ds) 167,958
Illinois Central.............
141.336
tNash. Chat. & St. L ........ 112,.=>03
Wabash.................
111,366
Northern Pacific............... 100,732
Denver & Rio G rande.... 93,520
Minn. St. P. & S. 8. M .... 92,557
Wisconsin Central........
83,910
Canadian P a cific....... .. 79,760
Mexican Central............... 77,656
Chio .B. & Q u in cy ...... $1,076,896
652.841
Cine. M. & St. P a u l.....
551,203
Phila. & R. and C. & I.Co.
528,983
tPenn. (E. <fc W. lines).
440,*86
Denv. & Rio Grande... .
315,783
Boston & Albany,........
281,661
N. Y. N. H. & Hartford.
274,131
Can. P a c if ic .........—
268,676
Lehigh V a lley...............
263,'749
Mo. Pao. and I. Mt........
215,811
St.
L.
Southwestern......
Total (representing
181,637
38 roa 08).............. $5,549,206 Boston & Maine . . . . . . . .
158,628
Un.
Pacific
(9
roads)...
^ D ecrea ses.
143,478
South. Pac. Co. (6 roads)
$51,014 Del. & Hudson (3 rds.).
140,495
E lev...........
G eorgia....... ...................
40,436 Manhattan
132,735
"■Grand Trunk (3 rds.)..
129.938
Fitchburg........
Total (representing
126,111
$91,450 Phila. Wil. & Balt........
7 roads)...... ..........
125,001
Louisv N A. & C..........
114,238
Maine Central— . . . . . .
C. C. C. & St. L. (2 r’ ds).
Burl. Ced. Rap. & No__
Norfolk & Western.......
Louisv. N. Alb. <k C.......
St Paul A Duluth........
Kan. C. Ft. 8. & Mem...
Summit Branch (2 r’ds)
Balt & Ohio Southw...
Chic. & W. Mich............
$71,495
58,967
48,114
43,118
40,839
38,641
37,762
32,576
30,651
* On the basis o f $5 to a £.
t The gross on Eastern lines Increased $231,098, and on Western
$765,030. { Western & Atlantic included this year only.
PRINCIPAL CHANGES IN N E T EARNINGS IN M A R C H .
In cre a se s.
In cre a se s.
tPennsylvania (E.&W.l.).$446,330
Chic. M. & St. Paul.......... 320,908
Phila. & R end C. & I. Co. 286,064
Chic. Bur. & Quincy........ 276,691
Denv. & Rio G rande....... 155,867
Mo. Pao. and Iron M t___ 113,862
Northern Pacific............... 107,805
*Graud Trunk (3 rds.)___ 106,620
Louisv. &Nashv.......... .
104,864
Illinois Central................. 73.751
Atch. and San Fr. (4 rds). 69,290
N. Y. L. E. & W ................. 60,484
L ouIb. N. A. & C ............
53,862
PRINCIPAL CHANGES IN N E T EARNINGS FOB 3 M O N T H S ,
In crea ses»
- T n cr asee.
Min. St. P. & S. S. M. . . .
ÎNash. C. & St. L ............
$47,109
33,662
Total (representing
22 ro a d s )....$2,257,169
D ecreases.
Pin. N.O. & T.P, (5 r’ds.) $110,369
Ohio & Miss.......
45,906
G e o rg ia ............
42.864
Mex. Central....
39,759
ÎNash C. & St. L ,.......... $101.169
Burl. Ó. R. & N o...........
88,951
St. P a u l* D u i ..... . . . . .
84,617
Fla. cent. & P e n ........
82,098
Total (representing 38
roads) . . . . . . ........ •- .$6,479,809
D ecreases.
ITN. Y. Cent. & Hud. R. $436.977
255,302
Southern Pac. (6 rds.»..
196,812
N. Y. & New Eng........ .
187,478
Cin. N. O. & T.P. (5 rds )
137.870
Georgia..................
121,638
Old C olon y..:— . . . . . . .
91,906
N. Y. L. E. & W ........ .
86,289
Mex. Central.................
Total (representing 17
roads). . . — .......... $1,514,272
* On the basis of $5 to a £.
. . ' "
lu i o «
tThe net decreased $32,855 on Eastern lines and increased $561,oss,
on Western.
t Western & Atlantic inoluded-this year only.
H Includes Rome Wat. & Ogd. for both years.
IM PORTS AN D E X P O R TS OF GOLD A N D
S ILV E R A T S A N FRANCISCO.
The Collector of Customs at San Francisco has furnished us
this week the details of the imports and exports of gold and
silver through that port for the mouth of April, and we pre
sent them below in conjunction with the figures for preceding,
Total (representing
8 ro a d s )..... $238,918
months of the fiscal year 1891-92. The imports o f gold dur
ing April were $110,744 and of silver $258,827, or an aggre
* On the basis of $5 to a £.
1 The net increased $76,850 on Eastern lines and $369,480 on gate o f $864,071, These supplies came almost wholly from
Western. |Western & Atlantic included this year only.
Ma t 21, 1892.]
THE
C H R O N IC L E .
82 J
upon the old debt by one-half, and it is reasonably certain
that the public here and upon the Continent will not subscribe.
The Turkish Government has appointed a commission to
considers plan for the conversion of the foreign debt; It
will be recollected that in 1881 Turkey resumed the payment
o f interest on its debt, dividing the debt into four groups
and allotting to the bondholders certain revenues which
were to be - administered by a council chosen by the
bondholders.
The receipts were to go in the first place
to pay interest at the rate of 1 per cent on the nominal
amount of the debt, and if they amounted to another
1 per cent that was to be applied as a sinking fund. It is
now proposed to consolidate the debt in a 4 per cent stock of
the nominal amotmt of about 34 millions sterling. Under
the bondholders’ administration the assigned revenues have
IMPOSTS OP GOLD AND SILVER AT SAN FRANCISCO.
increased very materially year by year, and now promise to
SILVER.
GOLD.
increase even more rapidly. The real object of the conversion
MONTHS.
Bullion.
Total.
Coin.
Coin. Bullion Total.
is to acquire for the Turkish Government all future increase.
<
E
$
1891-2.
9
$
$
The extreme cheapness of money has at last stimulated a
4?,180 227,510 268,690
J u ly .........
67,733 38,468 106,201
146,572 183,912 330,484 very active investment demand. Consols during the past
A u gu st.... 755,198 35,740 790,938
16.471 181,048 197,519
Sep tem ber 1,018,285 119,426 1,137,711
149,402 304,628 454,030 fortnight have risen 1 per cent, and there is also a marked
O ctober... 2,139,136 156,433 2,295,569
23,515 234,815 258,330 rise in British railway stocks of all kinds, in Colonial stocks,
November. 2,434,892 147, ~68 2,582,760
18,587 161,083 179,670
December. 1,857,430 276.483 2,133,913
19,925 214,173 234,098 in gas and water stocks, and generally inwall securities that are
96,557
76,456 20,101
January...
27,763 217.479 i 245.242
91,812 22,505 114,317
February..
19,087 219,362 238,449 considered beyond suspicion h ere.. The buying of consols is
56,513 54,076 110,589
March.......
46,674 206,653 253,327 chiefly by the banks. They cannot employ all the money at
88,551 22,193 110,744
A pril.......
509,176
9,479,299
2,150,663*2,659,839 their disposal, either in bills or in lending to the Stock Ex
893,293
8,586,006
Tot. 10 mos
change, and what they do employ is at unremunerative rates.
EXPOSTS OP GOLD AND SILVBS PSOM SAN 'FRANCISCO.
They allow to depositors only 1 per cent, and they are re
SILVER.
GOLD.!
fusing even on those terms to taka fresh money. Depositors,
MONTHS.
Bullion.
Coin.
Total.
Bull'n Total.
Ooin.
therefore, are withdrawing their money from the banks, and
1891-2.
are investing in sound securities. As yet there is very little
$
9
9
9
9
$
580,982
580,982
900 150,163
149,263
40,069
91,942
819,318
859,387 speculation, but it is clear that after a while speculation
825
August___
91,117
97,322
925,234
969,534 must spring up.
44,300
97,322
September
Those who are selling consols and other
583,872
583,872
97,035
6ÖÖ
96,435
O ctober...
34,089 1,349,410 110,000 1,459,410 first-class securities will have to employ the money they re
32,629 1,460
November.
68,554
832,516
832,516
67,814
740
December.
85,307
246,117 193,000
439,117 ceive, and they can only do so by buying securities that give
85,307
January. .
82,010
301,263
347,263 a larger return. In that way investments will be shifted on a
46,000
82,010
February..
483,267 106,500
43,542
589,767
43,542
March.......
‘ *22
34,664
405,224
452,724 considerable scale, and ultimately speculation will be stimu
47,500
34,642
April .......
Tot. 10 mos 780,081 4,547 ^784,628' 6,527,203 _587,369 J 7 ,114,572 lated. There is a fairly good demand for first-class American
bonds, but not so much yet as might be expected. There has,
however, been very influential and very considerable buying
this week o f Beading first income bonds, and the price has
[From our own correspondent. J
very materially risen. The demand for American bonds must
L ondon , Saturday, May 7, 189$..
certainly increase, as the supply of all other securities is
Gold is being received in large amounts from India, China, sm all; indeed, the demand for all kinds of American securi
Australia and South Africa, as well as from New York, and ties will increase likewise if the New York market remains
as the Continental demand has ceased money is accumulating firm. There is still much timidity here, and an utter fear
here ; the accumulation is the more rapid since the outflow of of taking the lead in any case; but we have come to a state
coin to the interior usual at the beginning o f May is excep of things when this market is prepared to follow the New
tionally small this year. The Bank of England discount rate York lead, if it is certain and upward. Inter-Bourse securi
remains at 2 per cent, the. Bank never going below th a t; but ties are neglected, and though the South American depart
in the open market the rate is barely 1 per cent, and probably ment has been steady, there was not much buying until yes
w ill be lower before many days. Money is being lent from terday, when there was a general advance in Argentine and
day to day at % per cent and for a week at % per cent. Some Brazilian securities. .
o f the banks are refusing to take fresh deposits on any terms,
A t last there is a prospect of a setttlement of the dis
and the bill brokers and discount houses are.considering the pute in the cotton trade, the leaders of both parties hav
advisability of reducing still further the rates they allow on ing arranged terms, which are to be submitted to the
work people. But as yet there seems, no chance of an
deposits.
The price of silver has been as high this week as 39j%d per end o f the coal strike, Merchants and manufacturers are
oz., but fell back on Thursday to 39 ll-16d per oz.
On W ed complaining loudly and very generally of the state of trade,
nesday the Manchester Chamber of Commerce adopted a res and probably profits in many industries are very low—in all
olution in favor c f bi-metallism, after a discussion which had they are, no doubt, lower than they have been for the past few
been twice adjourned.
The members voting were 320, and years. A t the same time, it is certain that the volume o f
the majority only 8.
The two parties, it will be seen, are trade has not materially fallen off. The home trade is as large
nearly matched.
Lancashire, it is to be recollected, is the as ever it was, and in some directions even larger; and as far
stronghold o f the bi-metallists; elsewhere they are utterly as the most searching inquiry enables us to judge, it is fairly
weak. The London branch of the Bi-metallic League held a profitable. In the first four months o f the current year the
meeting on Thursday at the Mansion House, and appointed a weekly traffic returns of 17 selected railways all over the
deputation to wait upon the Prime Minister, the Chancellor United Kingdom show a decrease of less than £140,000 com
of the Exchequer and the First Lord of the Treasury, to urge pared with the traffic returns published for the corresponding
the adoption of measures for an extended use of silver; but period of last year„the total receipts being, in round numbers,
the meeting was small, and few influential London merchants 203*£ millions sterling ; practically, that is to say, the receipt*
are stationary, which is very remarkable when it is borne in
attended it.
The Portuguese Government is negotiating in London and mind that for the 5 years ended with December there was an
Paris for a loan of 4 millions sterling nominal, and it is re unbroken and very considerable increase year by year. Price*
ported that it will probably be successful. The loan is to bear of commodities at the same time are excceedingly low. The
5 per cent interest, and the issue price, it is said, is to be about general impression is that we are on the eve of an advance in
82. The loan is to be a first charge upon the Customs' and to wheat, for the prospects for the new harvest are not very good
have a sinking fund of 4 per cent. Practically, therefore, the anywhere, and stocks are being very largely drawn upon. A t
charge to Portugal will be 10 per cent. It seems incredible, the same time there is not a strong demand anywhere except
however, that any group of houses will take such a loan for France. On tbe 1st of next month the French duty upon
when the Portuguese Government is reducing the interest wheat will be raised, and importers consequently are laying
Mexico and South and Central America. There has been
received during the ten months a total of $9,479,299 gold and
$2,659,839 silver, which compares with $6,288,591 gold and
$3,248,762 silver for 1890-91. The shipments of gold in April
were $34,642 coin and $22 dust, of which $25,000 coin went to
Hawaii, $1,200 to Central America, $1,000 to Nanaimo and
$7,442 coin and $22 dust to China. The exports of silver were
$405,224 Mexican dollars and $47,500 bullion, of which $258,724 coin and $47,500 bullion went to China, $144,000 coin to
Japan and $2,500 coin to Nanaimo. For the ten months the
exports of gold have been $784,628 against $1,375,162 in 18909Ì, and $7,114,572 silver has been sent out, against $4,851,975
in 1890-91. Thè exhibit for April and the ten months is as
follows:
fPuuetaug*Œuroraercial Muglisi* Utews
828
THE
C H R O N IC L E .
in large stocks. Copper fell sharply at the beginning of the
week, but has since recovered, the fall being caused by a repert that a company was to be started in Paris to introduce
an amalgam which has as much conductivity as copper, and
is much cheaper, and which, therefore, will displace copper
fo r electrical purposes. The new amalgram contains only 10
per cent of copper.
The best judges here, however, think
little o f the invention; it was offered to several great houses
here and refused. It may, for all that, prove very valuable;
but as the projected French Company has a capital of only
-£200,000 its operations for some time to come cannot power
fully affect the market.
The price of wool fell in February
and March to the lowest level ever reached before except at
one time in 1886. In April, however, there was a very sharp
advance in the kinds of wool chiefly worked up upon the
Continent. The demand is believed to be purely speculative,
to be due, in fact, to the covering of shorts, for it fell off as
rapidly as it sprang up, and, generally speaking, wool prices
are now as low as they were in February and March.
The negotiations between the American and European
copper-mine owners are now looking more promising. A
little while ago they seemed on the point of breaking off, but
it is now hoped that a satisfactory arrangement will be ar
rived at.
It was anticipated that, with April this year containing the
Easter holidays as against a month without holidays last year,
the trade returns for the United Kingdom would show serious
falling off, particularly as March, with the opposite holiday
incidents, had shown so large a decline in the export business
o f the country. The export trade of the month shows a fall
ing off of over £8,000,000, equal to a shade over 14% per cent,
while the imports have declined somewhat in excess of 10 per
cent. The decline for the four months to end of April in the
exports is nearly 8% per cent, but the aggregate import values
o f the same period are still larger than they were in 1891 to
the extent of about 2% per cent.
The imports since January 1 show the following contrast:
Supplies available for consumption (exclusive of stocks on
September 1):
1891-92.
1890-91.
1889-90.
1888-89.
Wheat..................e w t 44,951,574 37,045,778 35,766,508 41,020,229
Imports Of flour.........13.625,620 11,272,883 11,942.556
9,736,445
Sales o f home-grown.22,393,197 27,441,824 34,380,940 25,824,536
Total......................80,970,391 76,360,485 82,090,004 76,581,210
189192
1890-01.
1889-90.
1888-89.
Aver, price wheat week.3Is. 3d.
41s. Id.
30s. 9d.
29s. 104.
Average price, season..35s. Od.
33s. 4d.
29s. lid .
31s. 3d.
The following shows the quantities o f wheat, flour and
maize afloat to the United Kingdom :
This week.
Wheat.................. qrs. 2,580,000
Flour, equal to qrs.
358,000
Maize....................qrs. 290,000
Last week.
2,587,000
359,000
263,000
1891.
2,468.000
448.000
391.000
1890.
2,177.500
251.000
809.000
E n g lis h F in a n c ia l H a r h e t s — P e r C a b le .
The daily closing quotations for securities, «fee., at London
are reported bv cable as follows for the week ending May 20:
Mon.
Sat.
London.
Silver, per oz................ d
Consols,new, 2 % per cts.
do for account........
Fr1oh rentes (inParis)fr.
U. 8. 4s of 1907.............
Canadian Paoifio............
Chic. Mil. & 8t. Paul___
Illinois Central...............
Lake 8hore.....................
Louisville & Nashville..
Mexican Central 4s.......
N. Y. Central A Hudson.
81. Y. Lake Erie A West’s
do
2d cons...........
Norfolk A Western, pref.
Northern Paciflo pref...
Pennsylvania.................
Philadelphia A Reading.
Union Pacific..................
Wabash p ic f..................
Tuet.
Thurt.
Wed.
403s
4030
40*8
40*8
97131# 97**16 97**1« 97%
97%
»7%
97**16
971*!«
98*05 97*90 97*92*2 9817*2
121
121
121
121
92
91*4
92*4
92*4
79%
80
80*2
80*2
106*2 106*2 106*4 106*4
138
137*2
137*2 137*2
78*e
78*«
7778
78*2
72%
73*4
73*4
73*8
117*4 117*4 117*4 117*4
30%
31
30%
30%
109
1093$ 109*2 109%
47%
47*5«
47%
47*2
57
57%
57
56%
563$
56%
56%
5638
30*4
30%
30 si
30%
41%
40%
42*8
42*4
27
27
27*4
27*4
Fri.
40%
97»ia 97 'i«
97%
97%
97*82*« 9802%
121
121
90%
91
79%
79%
106
106
136%
137
77%
77%
73%
73*2
116%
117
30
29%
109% 108%
48
48%
55%
57%
56%
56%
S0%
80%
49%
40*2
27
36*8
©ummeuctal and ^isctllvimons foetus
Imports and Exports for thk W bek .—The following are
the imports at New York for the week ending (for dry goods)
May 12; and for the week ending (for general merchandise)
May 13; also totals since the beginning of the first week in
January.
FOREIGN IMPORTS AT NBW YORK.
1891.
Difference.
Per Of.
January.......... 38,485,244
February___ 34,877,931
M arch..........
36,704,177
April................ 34,920,272
33,741,082
33,311,354
35,253,059
38,982,537
+4,744,162
+1,566,577
+1,451,118
—4,062,265
+14*06
+ 4*70
+ 4*11
—10*42
4 months.,.. 145,014.191
141,185,699
+3,828,492
+ 2*71
Since Jan. 1.
Dry Goods.......
Gen’l mer’dise.
Per 01.
Potai 19 weeks. $187,252,732 $197,360,851 $206,318,873 $213,674,140
I mports.
1892. .
[V ol. LTV,
a
a
a
The exports since January 1 have been as follow:
I&XPORTSi
1892.
&
1891.
&
Difference.
&
For Week.
Dry Goods.......
4en’l mer’dise.
1889.
1893
1891.
1890.
$1,581,785
8,636,255
$1,646,740
8,143 060
$10,153,246 $11,665,556 $10,218,040
$9,789,800
$1,866.895
8,291,351
$2,392,774
9,372,782
$54,835,754 $59,883,228 $49,096,749 $49,099,017
132,416,678 138,477,826 157,222,124 164.575,123
The i nports of dry goods for one week later will be found
in our report of the dry goods trade.
The following is a statement of the exports (exclusive c f
specie) from the port o f New York to foreign ports for tl e
«m o n th s.... 76,006,715
82,887,380
—6,880,665
— 8*30 week ending May 17 and from January 1 to d a te:
■XPORTS PROM NBW TORS POR THB V U E .
The exports o f foreign and colonial produce since January 1
show the following contrast;
1892.
1891.
1889.
1890.
January....’. . . 19,146,704
F eb ru ary...... 19,328,753
March............. 19,665,382
April................ 17,865,876
Re-exports.
19,834,315
20,470,621
21,663,378
20,919,066
1892.
1891.
&
&
January.......... 4,128,646
February......... 5,728.772
March................
5,56b,389
April...................
5,545,838
4.389,802
5,862,215
5,935,458
5,535,152
4 m onths.... 20,969.645
21,722,627
—687,611
—1,141,868
—1,997,996
—3,053,190
— 3*46
— 5*57
— 9*22
—14*59
Difference.
Per Ot.
— 261,156
— 133,443
— 369,069
+
10,686
— 5*95
— 2*27
— 6*21
+ *19
a
— 752,982
— 3*46
The following return shows the position of the Bank oi
England, the Bank rate o f discount, the price o f consols, &c,,
oompared with the last three years:
1892.
1891.
1890.
1889.
May 4.
May 6.
May 7.
May8.
£
£
£
£
Circulation............... ................ 25,906,715 85,025,710 24,957,625 24,591,175
Public deposits................... ........ 4.978,928
8.027,462
8,071,397
8,436,780
Other deposits.......................... 80,881,315 28,325,999 24,466,799 24,383.956
Government securities............. 11,256,001 11,837,652 16,000,156 15,959,948
Other securities......................... 27,445.483 30,262,302 20,870,954 21,270,187
R eserve..................................... 15,023,057 12,210,675 13,595,099 13,500,525
Coin and bullion........................ 24 479,772 20,786,385 22,102,724 21,891,700
Prop, assets to liabilities.per ct.
41%
am
41«
40%
2
Bank rate........................ per ct.
*4
3
2«
Consols 2% per cent................... 96 15-16
94 15-16
98 1-16
98«
Clearing-House returns.......... 137,337,000 137,772,000 146,341,000 126,659,000
* May 7.
The following shows the imports of cereal produce into the
United Kingdom during the first thirty-five weeks of the
season compared with previous seasons:
IMPORTS.
_
1891-92.
Imp6rtsofwheat.ewt.44,951,574
Barley.......................... 14,266,512
Oats.............................. 8,824,389
P e a s ............................ 2,044,835
Beans........................... 2,336,146
Indian co m ............... 18,733,313
Flour.......................... 13,625,620
1890-91.
1889-90.
37,645,778 35,766.508
13.123,097 11,340,930
9,245,656
8,306,588
1,363,813
1,294,007
2,026,445
2,222,615
18,650,745.25,313,103
11,272,883 11,942,556
1888-89
41,020,229
14,219,220
10,012,209
1,759,»01
2,349,745
19,475,112
9,736,445
For the w eek..
Prev. reported.
$0,753,974
$5,325,490
119,983,753 123,064,080
$0,517,014
$0,794,146
122,433,538 145,163,87»
leta i 19 weeks. $120,737,727 $128,390,170 $129,227.684 $151,079,989
The following table shows the exports and imports o f specis
at the port of New York for the week ending May 14 and
since Jan. 1, 1892, and for the corresponding periods in 1891
and 1890:
EXPORTS END IMPORTS OP SPBOIB AT NBW YORK.
Gold.
Great Britain............
F ra n ce.....................
West Indies...............
Mexico.......................
South America..........
All ether countries..
Total 1892..........
Total 1891..........
Total 1890..........
Silver.
Exports.
Week.
Since J a n .l.
$450 $5,687,592
400,000
7,360,228
3,780,500
102,000 5,980,878
6,500
717,195
0,270
$538,720 $23,532,893
7,836,030 41,608,995
7,000
2,966,511
Exports.
Week.
Since Jan. 1.
Imports.
Week.
$ ii,9 2 0
3,100
16,890
Minee Jan. 1*
$39,735
4,496,901
865,500
153,873
19,373
320,276
133,221
' $31,910 $6,017,869
1,505,809
11,940
4.054,750
65,->83
Imports.
Week.
Since J an .l.
South A m erica ........
All other countries..
$217,240 $7,589,598
13,000
353,154
500
595,232
500
38,215
076
516,542
12,840
17,085
1,100
$20,439
92,800
68,131
77,021
29,110
324,897
8,986
Total 1802....... .
Total 1891..........
Total 1 8 9 0........
$231,416 $9,106,081
101,750
6,168,946
8,624,649
313,356
$19,140
61,008
883,348
$521,384
708,851
2,101,055
Great Britain............
France........................
West Indies...............
$355
Of the above imports for the week in 1892 $19,240 were
American gold coin. Of the exports during the same time
$523,720 were American gold coin.
THE
Ma y 21, 1892. j
C H R O N IC L E
829
New York City Bank Statement for the week ending May
—Investors in State and city securities are invited to in
14,1892, is as follows. W e omit two ciphers (00) in all cases.
spect the list offered for sale by Messrs. N. W. Harris & Co.
in this issue of the Chronicle under the classification of
Ba n k s .
(00s omitted.)
Capital. Surplus. Loans. 8p eie. Lewi*. Depose».
“ New Loans ” in our “ State and City Department.” Messrs.
Harris & Co. issue also a bond letter or circular on the con
9
9
9
9
9
9
Bank ol New Y ork ... 2, 000,0 1.933.0 14.850.0 2.270.0 1.130.0 14.500.0 dition of the market, giving many interesting particulars.
890.0 15.851.0 This letter may be had on application.
Manhattan Co...........
2.050.0 1.647.4 12.707.0 4.939.0
858.1
8.740.7 1,638,9
976.2
Merchants’ ................. 2, 000,0
9.131.1
Mechanics’. . . . . . .......
America......................
Phenix................. .....
City............................
Tradesmen’ s .............
Chemical............... ......
Merchants’ Exchange
Gallatin National.. .
Butchers’ & Drovers'
Mechanics’ & Traders
Greenwich..................
Leatnei Manufact’rs.
Seventh National.....
8tate of New York....
American Exchange.
Com m erce............ .
B roa d w a y ..............
Mercantile........... .
P acific......................
Republic.....................
Chatham...... ..............
Peoples’
North America..........
H anover...................
Irving..........................
Citizens’ ....... . . . . . . . .
Nassau. . . . . . . . . . . . . . . .
Market & Fulton.......
Bt. Nicholas................
Shoe & Leather..........
-Corn Exchange..........
Continental..............
Oriental.......................
Importers’ & Traders’
Park...........................
Bast River.............. .
Fourth National........
Central National......
Second National........
Ninth National..........
First National............
Third N a tion al........
N. Y. Nat’l Exchange
Bowery................ .....
New York C ounty....
German-American....
Chase N ation al.......
Fifth Avenue.............
German Exchange....
Germania............ .
United States.............
Lincoln-___________
Garfield.......................
Fifth National.........
Bank of the Metrop...
West Side............. .
Seaboard....................
Sixth National...... .
Western National___
iHr»t. Nattonal.B’klyn
Southern National__
Ctoni
2, 000.0 1.948.6
2.101.7
3.000.
0
1. 000 .
1, 000,0
750.0
300.0
800.0
1, 000,0
300.0
400.0
200.0
600,0
300.0
1.200.0
5 , 000,0
5.000.
1.000.
1,000,0
422,7
1.500.0
450.0
200.0
700.0
1, 000,0
500.0
600.0
500.0
750.0
600.0
500.0
1,000,0
1,000,0
300.0
1.500.0
•2,000,(1
250.0
3.200.0
2, 000,0
300.0
750.0
500.0
1, 000.0
300.0
250.0
200.0
760.0
500.0
100.0
200,0
200,0
500.0
300.0
200.0
150.0
300.0
200.0
500.0
200.0
2.100.0
300,0
1, 000,0
461.7
0
2.536.9
184.1
6.723.7
130.3
1.561.5
302.2
423.2
157.0
548,9
68,3
506.4
2.213.3
3,437,2
0
1.643.5
0
1.035.0
438.5
950.1
833.5
318,“
584.7
1.722.9
315.3
440.1
264.1
781.0
119.8
246.5
1.229.4
277.6
414.0
5.416.8
2,913,7
133.8
1.747.6
520.2
434.5
180.9
7.066.6
57,5
163.8
501.0
57<»,6
283.5
1.038.5
800.1
569.2
615.7
664.8
400,0
406.2
314.8
685.6
257.4
189,2
344,8i
170.6
785.9
122.8
9.583.0
17,941,4
5.954.0
14,235,2
2.873.7
24,006,6
4,0c8,8
5.837.4
1.780.4
2.460.0
1.197.5
3,356,9
1.667.1
3,654,4
18.485.0
21.263.8
6.097.2
9.808.3
2.898.8
13.316.1
6.470.3
2.333.4
6.184.2
18.058.2
3.439.0
2.920.8
2.990.8
4.200.6
2.144.6
3.117.0
9.424.6
5.798.0
2.264.1
28.125.0
27.983.0
1.180.8
22.580.8
10.243.0
5,288,0
3.039.8
28.295.6
4.951.6
1.559.3
2.680.0
2.977.4
3.031.3
14.465.6
5,608,0
2.928.6
2.925.0
6.231.4
5.047.4
3,7l5,2f
1.840.8
4.933.7
2.318.0
4.405.0
1.577.0
11.559.3
4.322.0
2,114,6
621,0 8.278.0
1.478.0
3.197.6 1,624,6 18,808.2
1.050.0
803.0
6.362.0
3.829.7 1.080.0 15.978.8
638.6
184.1
3,188,4
7.326.8 1.919.2 26,252,3
606.8 4.731.0
520.8
640.9
1.574.7
5.958.9
326.0
201.3
1.923.2
220.0
370.0 2.580.0
175.6
135,6
1.171.3
352.0 3.102.9
634.1
360.0
74,0
1.809.9
82,9
430.1
2.786.4
1.871.0 2.526.0 16.147.0
2.642.9 2.059.0 17.113.8
296.1
1.096.6
5,42«,5
1,630,2 1, 212,8 10.721.7
287,4!
516.3
3,434.3
1.494.6 2.864.3 15.736.8
872.8
996.9
7,0; 9,6
281.9
281.5
3,255
601,8
851.9
6,241
6.148.1
706.2 20,279
602,
249.1
3,496,
646.8
381.9
3,479,
155,5
421.0
3,148,
653.7
679.6
4,518,
202.1
320.2 2,219,
460.0
539.0 3.790.
2 029,9
295.0
9,353,
1 608,7
248.1
6,962,.
141.4
374.3 2.170.1
5 372,0 2,389,(! 29.955.1
6.434.8 3,414,7 33.597.1
101.8
143.1
998,i
4.548.2 2,282,5 24.488.1
2.268,0
785.0 11,941,(
1 264,0
385.0 6.353.1
l ’0S9,0
346.8 4.212.1
5 709,2 1.289.4 28, 12 1 ,:
707.5
898.4
5,474,!
220.0
262.1
1.607.1
671.0
170.0 8,015.(
950.0
295,2
3,808,!
426.8
177.4 2.516,
4 247,3 1,681,2 18.479.1
l ’ 239,7
277.4 6.086.1
169.1
672.4 3,595,!
464,:650.8 3,646,
1
894,7
RPHVR
317.5 7.638.1
1,866,9
236.8 6.421.5
915,9
4.845.1
644.7
477,5
185.1
2,U0,(
1 348,9
603.9 6.289.1
413.0
266.0
2.516,(
439.0
928.0 5,122,<
225.0
390.0 1,574,(
1,774.9 1,713,0 12.759.1
796.0
237.0 4,476,0
407,3
259.2
1,840,'
. . . . . . . . 60.872.7 86,704,4 492,053,8 99,105,7 49,350 6 530,736,7
New York City, Boston and P hiladelphia Banks;
B ank s.
N . Y o rk .*
April 16 ...
2 3 ....
“
30 ...
May f i . . .
“
1 4 ....
B ost on.*
April 30___
May 7 ....
“
14 ....
Capital dc
Surplus. Loans.
$
127.077.1
127.077.1
127.077.1
127.077.1
127.077.1
9
493.629.4
491.026.6
493.078.2
493.886.7
492.053.8
Specie.
9
1029698
1060826
1651860
1002054
99,105,7
JLiegals. Deposits,t Oi+c’l'n Oliar wt*.,
$
45.789.2
46.949.3
48,494,8
47,460,1
49,350,6
- $
531.882.0
533.995.7
535.778.0
631.824.0
530.736.7
5.613.4
5.676.8
5.705.9
5.739.2
5.702.2
*
685.815.1
735,584,0
628,244 3
774 995.4
741,500,7
64.642.9 162.405.0 11.544.3 6,278,3 151,530,?. 3.454.5 87,830,6
64.642.9 164.333.3 11,713,9 5,707,8 102.642.4 4,358,4 103.587.2
64.642.9 166.476.5 12.119.3 6,633,0 156.139.4 4,371,1
F ilila .*
April 3 0 .... 35.793.7 100.181.0
40,6 87.0
115.694.0 3.371.0 64,979,3
May 7 .... 35.793.7 101.141.0
4<>,950.0
116.089.0 3.372.0 79 527,5
“
1 4 .... 35.793.7 100.763.0
40,5 69.0
116.333.0 3.358.0 64 097,8
9 We omit two ciphers in all these figures. t Including, for Boston and Phi)a
delnhia. the item “ due to other banks.”
—Messrs. Speyer & Co. and Kuhn, Loeb & Co. announce
that they will receive subscriptions at 102 and accrued in
terest for $10,000,000 Pittsburg Cincinnati Chicago Sc St.
Louis Railway Company 4% per cent consolidated mortgage
gold bonds, being part of an issue limited to $75,000,000 Prin
cipal payable October 1, 1940. Interest April 1st and October
1st, payable in New York. Principal and interest uncondi
tionally guaranteed by the Pennsylvania Company, by en
dorsement on each bond. The property covered by the mort
gage consists of 1,082 miles of railway and equipment, and
also terminals in Chicago, Indianapolis and Columbus, as well
as of all the railroad properties and equipment acquired or to
be acquired and of the company’s franchises. Consolidated
boads equal to the amount of the sectional bonds still out
standing have been reserved for the latter’s retirement, and
the railway company has agreed that it will pay off the sec
tional bonds at their maturity, after which the consolidated
mortgage will become the first lien upon the whole property.
The remainder of the consolidated mortgage bonds may be
issued from time to time for improvement of the company’s
property, the purchase and construction of additional railway
and for other lawful purposes. For particulars see advertise
ment.
—The Bank of Montreal gives notice that the following ap
pointments have been made, viz.: Mr. Alexander Lang,
Second Agent at New York, to be Assistant General Manager;
Mr. R. Y. Hebden, Assistant Inspector, to be Second Agent at
New York; Mr. S. A. Shepherd. Accountant at New York, to
be Third Agent at New York; Mr. J. O, Braund, of New York
Agency, to be Accountant at that Office.
—Mr. W m. Hazelton 3d., for a year or more in charge of
the Philadelphia office of the Short Electric Railway Company,
has been called to Cleveland, Ohio, to take the position of
Assistant General Manager. Mr. Hazelton’s well-known
energy and business ability will, by this change, be U3ed in a
larger and more important field.
— Messrs. Gay & Stan wood, of Boston, offer a list of munic
ipal bonds for sale, and their card will be found in the State
and City Department of the Chronicle.
Dunkirk, N. Y.—(State and City Supplement, page 47).—
The Governor has signed a bill authorizing the Council to
issue $60,000 of bonds for improvements on the city water
works.
Poughkeepsie, N. Y.—(State and City Supplement, page
53).—Poughkeepsie has so li $18,000 of refunding water bonds,
to run 20 years at 3% per cent interest. A premium o f
$109 15 was paid for the loan.
Chippewa County, Mich.—Sealed tenders will be received
until June 7 1892 at the office o f the County Clerk, SaultSte. Marie, Mich., for $20,000 Chippewa County, Mich., re
funding bonds. These bonds will bear interest, not to exceed
5 per
cent p9r annum, pavable semi-annually. They will be
<
in the denomination of $500 each.
Auction Sales—Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction.
By Messrs. R. V. Harnett & C o.:
Shares.
Shares.
B’ way & 7th Ave. R R ... .199
200 Shaver Corporation Co.,
Thirl Avenue R R ...........240
$1 each...........................310
Cent. ParkN. &E. R. RR.123
4 Union Trust Co.................730
Bleeoker Street & Fulton
20 Nat, Park Bank............... 324
Ferry RR ....................... 27*s
25 Fourth Nat. Bank............ 206
30 Postal Tele. Cable Co... 1300
Bonds.
40 The Balt. Corset & Nov
$12,000 Austral H otel& L’nd
elty Works of Balt Md. 68
Co, 2d mtge. bonds............. 10
1 N. Y. Law Institute___ $150
$4,700 City of N, Orleans 5s,
5 Nat. City Bank.................487
premiums........... ..................158 *4
15
7
10
75
By Messrs. Adrian H. Muller & Sons:
Shares.
4 Nat. City Bank of N, Y ..492
8 Gallatin Nat. Bank........ 318
22 Manhattan Co. Bank__ 185
113 People’ s Bank................. 31.5 Hi
100 Citizens’ Fire Ins. Co__ 110
300 Amer B’k Note C o..$40 p. sh.
13 Investment Co. of N. J,
$100 each..................... 99
10 Manhattan Lifts Ins. Co..475
Shares.
14 Pacific Fire Ins. Co........130
13 Nassau Fire Ins. Co........ 1441*
30 Rutgers Fire Ins. Co.......I l l
50 Phénix Ins.Co. of B’klyn 1AO1*
18 Citizens’ Ins. Co............. I l l
46 B’klyn & N. Y. Ferry Co. 152
10 Celluloid Co...................-.. 9 5 1#
1 Amer. Horse Exc. Lim’d. $4
17 Eppens, Smith <fc Wie50 Nat. Broadway B an k___283%
mann f ’o.................
113
7 Market & Fult’n Nat. B’k. 2 20
Memb. N. Y. Consol. Stock <fe
39 Kings Co. Fire Ins. C o...162
Petroleum Exchange.........$200
30 Thurber-Whyl’d Co.,pf.98-99 Hi
Bonds.
6^3 Mechanics’ &T’ders’ B’k.185
$5,000 State of Maryland 3s.
14 Williamsb. Gas-L. Co__ 12644
1903, J&J.......................98 & int.
25 Eagle Fire C o ..... . ........ 215
$25,000 Georgia Sou. & Fla.
22 Hanover Fire Ins. Co__ 128
RR. 1st 6s, 1927, J&J........ 734«
12 Home Ins. Co..................1431« $1,000 Milwaukee St. Ry. Co.
14 U. S. Fire Ins. Co.............125
5s consol., 1920, J&D......... 65
^aulitila and ^financial.
Spencer
Trask
&
C o .,
BANKERS,
1 0 W a l l S t., N e w Y o r k .
1 6 c o n g r e s s S t., B o s t o n .
ALBANY, State & James St.
PROVIDENCE, 5 & 7 Exchange St.
Members New York and Boston Stock Exchanges.
COMMISSION ORDERS EXECUTED ON EITHER EXCHANGE.
Direct Private Wire to Each Office and to Philadelphia.
DEALERS IN STATE, CITY AND RAILROAD BONDS.
L IB E R T Y
N A TIO N A L
BANK,
Central Building, 1 4 3 Liberty Street. New V#rk.
C A P IT A L ,
.
.
.
.
$ 5 ) 0 ,0 0 0
ACCOUNTS OF BANKS, BANKERS AND MERCHANTS SOLICITED.
HENRY C. TINKER President.
HENRY GRAVES. Vice-President.
JAMES CHRISTIE, Cashier.
D IR E C T O R S .
HENRY C. TINKER,
E. F. C. YOUNG,
H. O. FAHNESTOCK.
HENRY GRAVES,
WM. RUNKLE.
HON. G. A. HOBART
GEO. F. BAKER,
DUMONT CLARKE,
J. A. GARLAND
R. MAXWELL.
JNO. H. STARIN.
—Messrs. Flower & Co. offer to investors a number of highgrade bonds, including issues guaranteed by the Lake Shore
T H E M E R C A N T IL E N A TIO N A L BANK
and Michigan Central railroad companies. They call special
OF T H E C IT Y OF NEW Y O R K ..
attention to Chicago Sc Indiana Railway first mortgage 5s,
No. 191 Broadw ay.
which by reason of the consolidation of that company with
the Chicago Sc Eastern Illinois Railroad Company are practi- C a p it a l,
$ 1 ,0 0 0 ,0 0 0 I S u r p lu s & P r o fit s ,'# 1 ,0 3 0 ,0 0 0
cally a guaranteed obligation of that corporation, which re WILLIAM P. ST. JOHN, President. |FREDERICK B. SCHENOK. Cashier.
ports net earnings largely in excess of the dividend upon its
JAMBS V. LOTT, Assistant Castiie'.
preferred stock.
ACCOUNTS S O L IC IT E D .
THE
830
fh e
B a n h ers'
(®a 2e ttr.
D I V I D E N D S
Name o f Company.
Col. Hocking Valley & Tol. pref.
Catawissa pref......................
U tlP O U N .
Books Closed.
( Days inclusive.)
United States Bonds.—Quotations are as follow s:
2*3
3*s
July
1 June 11 to July
On dem. May 1 t o -------
Interest
Periods
May
1*4
June 15 May 26 to June 15
100
2 s ,.......................reg.
4s, 1 9 0 7 ............ reg.
4s, 1907............eoup.
W A L L ST R E E T, F R ID A Y , M A Y 2 0 , 1 8 9 2 —5 P. M.
6s, our’cy,’ 95___reg.
6s, eur’cy,’ 9 6 ....reg .
The Money Market and Financial Situation.—Events have 6s, cur’cv,’ 97___reg.
cur’ey,’ 98___reg.
been quite against the stock market this week and an under 6s,
6s, cur’ cy,’ 99___reg.
\à p pi-s^'-s'-s'-s
H I »«'«"
Laclede Gaslight pref. (guar.)...
When
Payable.
The following were the rates o f domestic exchange on New
York at the undermentioned cities to-day: Savannah, buying,
par ; selling % premium ; Charleston, buying par@ 1-16 pre
mium, selling %(<2|3-16 prem ium ; New Orleans, bank, $1 50
per $1,000 premium ; commercial, 75c. premium; St. Louis,
90c. per $1,000 premium; Chicago, 50c. per $1,000 premium.
1g 4 4 «e <«
-e
ill
1d ’ûtô'-s'-î'-»*-?'-»
R a il r o a d » .
Per
Cent.
[V ol. MV.
C H R O N IC L E .
14.
M ay
16
I*100
M ay
17.
*100
117 *117 *117
117 *117*3 *117
*109 *109 *109
I l l ' s *111*3 *111*3
*114 *114 *114
*116*3 *116*3*116*3
*119 *119 )*119
May
18.
May
19.
May
100
100
*100
20 .
T17 *117*4 *117
*117 *117*4*117
*109 *109 1*109
*111*3 *111*3 *111*4
*114 I’*114 1*114
*116*3’ 116*3*116*4
*119
119 |*119
current of strength is shown in the very fact that prices have
•ThisIs the price bid at ttie morning boa rd: no sale w as m ad«
not greatly declined.
Government Purchases of Silver.—The following shows
The extensive floods in the West and South can not be
lightly regarded and while the actual damage to property is the amount of silver purchased by the Government in May :
probably exaggerated, still it is known to be serious, and also
Ounces
Ounces
P rice p aid.
offered. purchased.
that railroad traffic in certain localities will be interfered with
for some time to come, while the loss by injury to tracks, Previously reported............ 4 .0 1 7 /0 0 2,408,1931 *0-8710 ® *0-8840
216,000 fo-8840 ® $0-8848
16.................................. 730.000
bridges, &c. , must be considerable. The crop prospects, too, May
291,000 *0 8 85 ® $0-8840
“ 18.................................. 391.000
455.000¡*0-8850 ® *0-8865
“ 20.................................. 680.000
are decidedly prejudiced by such late floods, though it is well
16,639.* ........ d * .........
*Local purchase*................
known that it is possible for the yield, both North and South,
3,386,832*0-8710
® $0-8865
5,818,600
-Total
in
month
te
da
te..
to be large in spite of such early damage.
* The looal purchase* of each week are not reported till Monday o f
The railroad developments of the week, referred to below
the following week.
in the remarks upon the stock market, have not been calcu
Coins.—The following are the current quotations in gold for
lated to strengthen prices, although it may fairly be said that
some of these events have been hanging over the market for various coins:
88 a — P 8 \
Sovereigns...........* 4 87 ® *4 91 Fine silver ba rs..
some time, and it is much better to have them brought to a Napoleons........... 3 88 ® 3 92 Five fi »n os.......... — 90 a — 95
X Reichmarks. 4 75 ® 4 80 Mexican dollars.. — 69 ® — 71
conclusion. The Richmond Terminal plan had been languish X
Do uncommero’ l ------- a ------25 Pesetas........... 4 75 ® 4 85
Span. Doubloons.15 50 ®15 70 Peruvian soIb. . . . . — 65 ® — 70
ing the past few weeks without much prospect of success, 8p
Miex. Doubloons.15 50 ®15 70 English silv e r.... 4 80 a 4 90
and the passing of the Northern Pacific dividend had been Fine gold b a rs... par ®*4 prem. U.S. trade dollars — 68 9 ------the talk of the Street for some time past. The way is now
State and Railroad Bonds.—The sales of State bonds this
open for a new plan in Richmond Terminal which may be
week include $20,000 Va. 6s defd. tr. receipts, stamped, at 7%;
more successful in raising cash, while as to Northern Pacific
$7,500 Riddleberger 3s at 73% ; $5,000 N. Car. special tax tr.
no other course was open to a conservative management, and
receipts at 3 ; $4,000 N. Car. 6s, 1919, at 123%; $46,000 Tenn.
the stock is really worth more to-day than if the dividend
settlt. 3s at 72% ; do $10,000 5s at 102%.
had been declared.
Railroad bonds have been tolerably active but more irregu
Gold exports have ceased again, and silver certificates are a
lar than in previous weeks. The Atchison incomes have
trifle stronger, probably on the calling of the International
again come to the front as the leading specialty and on free
Conference.
sales declined to 53, influenced by the reports of a new
The open market rates for call loans during the week on
$100,000,000 mortgage bond, probably at 3 per cent, which the
stock and bond collaterals have ranged from 1 to 2 per cent,
income bondholders would be asked to take in exchange for
t he average being 1% per cent. To-day rates on call were 1 to
their present 5 per cent incomes. The Reading income bonds
2 per cent. Commercial paper is quoted at 3@4. per cent.
have been very steady and close a trifle higher than last week,
The Bank of England weekly statement on Thursday showed and the general m »rtgage 4s have sold above 89. Hocking
an increase in bullion of £522,000, and the percentage of re Valley 5s sold at 97% to-day. The Northern Pacific consols
serve to liabilities was 43*52, against 42*92 last week; the dis- have not declined much in sympathy with the stocks, and
s o u n t rate remains unchanged at 2 per cent. The Bank of close at 77%, the Chicago & Northern Pacific 5s selling at 77.
Since the Richmond Terminal plan was declared non-effective
France shows an increase of 26,242,500 francs in gold and the bonds have not sold largely and prices have recently been
steadier, the 5s at 54 and 6s at about 86. Detroit Mar. & Mack,
5,875,000 francs in silver.
The New York Clearing-House banks in their statement of land grants are still active, selling at 42@42%. Tenn. Coal &
May 14 showed an increase in the reserve held of $691,800 Iron 6s are rather stronger since the annual report came out.
Railroad and Miscellaneous Stocks.—There has been
and a surplus over the required reserve of $15,772jl25, against
quite an irregular market, this week, though prices in gen
$14,808,500 the previous week.
eral have held up better than might have been anticipated.
The Richmond Terminal plan was formally declared to be un
1890.
1891.
Differen’sfrom
1892.
May 17.
May 16.
Prev. week.
May 14.
successful and new committees were appointed to act for the
stockholders and speedily report another plan,which it is gen
%
$
$
$
60.772.700 61.062.700 erally understood will provide for an assessment on the stocks
Capital................. 60.372.700
................
64.366.700 58,464,300
Surplus................ 66,704,400
Loans and disc’ts 492,053,800 Dec.1,832,900 398,579,200 400,633,500 and possibly on the bonds also. Then the Atchison proposal,
*,757,500
3,437.900
37,000
5,702,200 Dec.
Circulation.........
Net deposits........ 530,736.700 Dec.1,087,900 398,507,000 406,548,900 not officially announced but apparently admitted as approxi
S p ecie................. 99.105.700 Dec. 1,189,700 64,384,100 75.581.700 mately correct, was something of a surprise to the market,
Legal tenders... . 49,350,600 In c. 1,881,500 40,155,500 28.U68.400
and affected both the stock and incomes unfavorably. Added
Reserve h e ld .... 148,456,300 'in o. 691,800 1 0 1.519,600 103,650,100
Legal reserve— 132,684,175 Deo. 271,825 99,626,750 101,637,225 to these came the Northern Pacific meeting on Thursday
4,912.850
2,012,875 and the passing o f the quarterly dividend of one per
Surplus reserve. 15,772,125!mc. 963,625
cent, which resulted in a decline in the preferred stock
Foreign Exchange.—The market for foreign bills has been below 53. These events would have been sufficient at some
generally dull and rates are easier. There has been no feat periods in the past to k n o ci down prices throughout the whole
ure of importance. Actual rates for exchange are : Bankers’ list and cause a general selling movement, but this week only
sixty days sterling, 4 86%(a4 86% ; demand, 4 87%@4 87% ; a few stocks have marked any material decline. Union Pacif
ic fell below 39 but touched 40 again to-day. Erie has been
cables, 4 87%@4 88.
active and weak, selling to-day at 27% and the preferred at 65,
Posted rates of leading bankers are as follows:
with talk of a possible new loan. Burlington, St. Paul and
Rock Island have all sold lower under the bad reports of
floods at the West, which not only do present injury but
Demand.
Sixty Days.
M ay 20.
also reduce the prospects for good crops this season. This
Prime bankers’ sterling bills on London 4 87 ®4 87*3 4 88*s®4 89
afternoon there was free selling o f these grangers at easier
Prime com m ercial.......... . . . . . . . . . . . . . 4 853» ®4 86
prices. Unlisted securities have been rather dull recently, but
Documentary commercial........................ 4 85*444 85*3
Paris bankers (francs).......... ............... .
5 17*a®5 1678 5 16Ì«®5*15^i sugar was more active to-day, closing at 93% ; Duluth South
Shore fairly active at 8%(tf8% ; Edison General at 109%. Sil
Amsterdam (guilders) b a n k e r s .......... 40*8 ® 4 0 '16 40*8 i 407j8
95 *3® 95*3
Frankfort or Bremen (reiohmarks)b’nkers 95 *4®9538
ver bullion certificates dull but stronger at 88%
THE
M a t 21, [ « ]
C H R O N IC L E
NEW YORK STOCK EXCHANGE— A C T IV E STOCKS tar
ääl
M A Y 4 » , and since JAN. I, 1882.
HIGHEST AND LOWEST PRICES
STOCKS.
Saturday,
May 14.
Monday,
May 16.
Tuesday,
May 17.
Wednesday, Thursday,
May 18. | May 19.
Range of sales in 1892.
’ Friday,
May 20.
Lowest.
Highest
A « tlT e B R . S t o c k s .
Atchison Top. & Santa Fe___ 34% 34% 34% 35% 34% 35% 31% 35% 32% 3t% 32% 33% 168,092 32% May 20 46% Jan. 4.
Atlantic & Pacific___. . . . . . . .
;*4
4%i *4 ........
*4 ........
4%
4%
4 1«
4%r *4 ____
120
4 Apr. 21
5% Jan. 2
Baltimore & Ohio_________
98% 98%! 98% 98% 98
98% 98% 98% 98
9838; 97% 98
3,745 95% Mar. 9 101% -tar. 12
............... 1 *89
9 0 %! *89% 90% *89% 90% *88% 90
Canadian Pacific
88% 88 %! 88% 88%
2 00 86% Mar. 22 94% Jan. 12".
Canada Southern...................I 60% 60%' 60% 60% 60
60% 60% 60% 60
60%! 59% 60% ! 4.155 58% Jan. 19 64% Mar. 5
Central of New Jersey............j 138 138 I 138 138% 137% 138
137% 138%
j 1,810 111% Jan. 19 145 Feb. 29
Central Pacific........................
30% 30%' 30% 30% *30% 31% 31% 31% 30% 31%! *30% 31%
300 30% Mar. 21 35 J;in. 4
Chesapeake & O., vot. tr. cert. 23
23%i 23
23% 22% 23
22% 23
22% 23
22
22%
5,131 22 May 20 28 Jan. 14
Do
do
1st p r e f.... 62
62
62% 62% 62
62
*61
63
62% 62% 61
61
1,0 »7 59 Jan. 9 64% Jan. 16
Do
do
2d pref___.( 42% 42%| 42% 42% *42% 43% 42% 43
42
4^% 42
42
1,765 38% Jan. 9 43% Feb. 17
153 *149 15 3
Chicago & A lto n ..................... *147
*148 153
153 153 *148 153
149 153
15 130 Feb. 4 1150 Apr 12
Cfaiéago Burlington & Quincy.; 105 105% 105 105% 105 105®4 104% 105% 104% 105
102% 105% 80,908 102% May 20 110% Jan. 23
Chicago & Eastern Illinois
j *62
64
*62
64
*62
64
'62
*62
64
61
*62
64
1 62% Mar. 2.8 70 Jan 2
Do
pref. 100% 100% 100% 100% 100% 100% 100 100% 100 100
1 <*0 % 10 0 %
98 Jan. 20 104 Feb. 11
77% 7«% •77% 79
Chicago Milwaukee & St. Paul
78% 78% 77% 78% 77
777s 77
78%
75% Apr. 2 83% Jan. 7
Do
pref. 123% 123% 124 124
124% 124% 121 124
124 12433 12 4 % 124%
3,120 120% Jan. 19 128% Mar. 5
Chicago & Northwestern___ 119% 120% 119% 120% 119% 120% 119% 120
119 120
11»% 119% 17,068 114% an. 19 1 2 1 % Mar. 5
Do
pref.
Jan. 12 146 May 4
81% 82% 81% 82% 81% 82% 81% 82% 80% 81% 78% 81% 79,396 141%
Chicago Rock Island & Pacifi c
78% May 20 94% Jaur 7
48% 49% 48% 49% 49% 51% 50% 50% 49% 50%| 49
Chicago St. Paul Minn. & Om
49% 27,240 44 Jan. 19 52% May 7
Do
pref. *119 120
118% 120% 120 122% 121 121
120% 120% *121 123
3,107 108% Jah. 20 122% May 17
d e v e . Cincin. Cjhic. & St. L ...
67% 68
67% 68% 68
68
68%
68*4 67% 68
67% 68%
6,862 67% May 20 75 Jah. 7
Do
pref.
98% 98%
40 95 Jah. 5 99 Mar. 7
Columbus HockingVal. & Tol. 38% 40
37
39% 37% 38% 37
37% 36
38% 36
37% 33,943 29% Jan. 19 40 May 13
Delaware & Hudson............... 142% 143
143% 144% 143 144% 142 144
142% 143
143 143%
3,720 122% Jan. 8 149% Apr. 7
Delaware Lackawanna&W est 157 157% 157% 158
157%158
156% 157% 156% 157% 156% 157% 17,010 138% J in. 19 167% Fèb. 29
18
*17
Denver & Rio G rande............ *17
18% *17% 18
17
17% *17
18
*17
17%
200 16% Feb. 4 19% Jan.
2
51
Do
pref. 51
51% 51% *51
52
51
51
51% 51
50
50%
2,175 45 Jan. 8 54 vi ar. 9
*4
4%
*4
East Tennessee Va. & Ga___
*4% 5
5
'4%
5
*4%
5
*4*2 5
4%
May
13
9%
Jan.
7
‘ 35
45
Do
1st pref
*35
45
*35
45
*35
45
*35
45
*35
45
40 Mar. 24 51% Jan. 11
*12
14
Do
2d pref.
10
10
11% 11% *12
14
12% 12% *12% 13
155 12 May 10 20 Feb. 29
Evansville & Terre Haute___
. . . . . . 140
139 139
. . . . . . 140
100 xl 19% Jan.15 140% May 7
Great Northern, pref............... '124 126
124 126 '124 126
126 126 *126 128 '126 130
8 119 Jan. 22 142 Mar. 17
Illinois Central.......... ............. 103 104
104 104
103% 103% 103% 104
103 103% 103 103
965 103 May 6 110 Jan. 5
11
11
Iow a Central............................
10% 1034
U
11
*10
10% *10
10% *10
10%
110 11
Apr. 2 15% Jan. 4
Do
pref.. *42
46
40
40
*40
45
*40
45
*40
45
40
40
107 40 May 20 56% Feb. 13
24% 25
Lake Erie & W estern.............
24% 24% 24% 24% 24% 24% 23% 24
24
24%
6,120 20% Jan. 19 27% Apr. 18
77
Do
pref. 77
*76% 77% 77
77
76% 76% 76
77
77
76
820 69% Jan. 5 80 Apr. 18
Lake Shore & Mich. Southern. 134 134
133% 134% 133% 134% 133% 183% 132% 133% 130% 133% 15,870 120
Jail. 19 140% Mar. 5
Long Island............................. *101 102% 101% 101% 101 102%|*101 104 *101 102
101%
101%
3
0 95 J an. 18 103 Mar. 7
Louisville & Nashville............ 75% 76% 76
76% 75% 76%' 75% 76
75% 76
75% 70% 26,071 71% Apr. 1 84% Jan. 2
Louisv. New Alb. & Chicago.. 25% 25% 25% 25% 25% 25% 25
25
24% 25
24% 25
3,015 23% Apr. 4 31 Jan. 7
Manhattan Elevated,consol.. 127% 129% 128 128% 127 128% 127% 127% 127 129% 129% 132% 23,510
104 Jan. 2 132%, May 20
Michigan Central..................... *108% 110
108%109
108 109 ,108% 108% 108 109
108
108
1,181 104 Jan. 20 116 Mar. 7
Milwaukee Lake 8h. & West.. *90 . ....... *90 ......... *90
*90 ___
*90 ....
*90 ........
9238 Jan. 6 94 Feb. 1
Do
pref. *130 140
•130 140
130 140
130 140
130 140
130 HO
128% Feb. 24 135 Jan. 28
Minneapolis & St. Louis........
11% 11% *11% 12
12
12
*11% 12% 12
12
12
12%
500
8 Feb. 25 14 Apr. 29
Do
pref. 26% 26% 28
28
28
28% 28% 29
28
28% 28% 28%
1,715 18 Mar. 5 30 Apr. 30
Missouri Kansas <&T ex as___ *15% 16% *15% 16% *15% 16% 16
16
15* 15% 16% 16%
900
15%
May 19 20% Jan. 13
Do
pref. *27
28
27% 27% *27% 28% *27
27% *27
27% 28%
1,755 27 Apr. 4 33 % J an. IE
Missouri P a cific..................... 57% 58% 57% 58% 56% 58% 56% 57% 56« 28
57%
56%
57%
26,110
56%
May 20 65% Jan. 4
Mobile & Ohio.......................... *40
42
*40
42
40
40
*39
41
*38
41
*38
41
300 34% Jan. 27 42% Jan. 2
Nash v . Chattanooga&St.Louis *85
87% *85
88
*85
87
*85
*85
87
87
*85
87
85
Mar. 29 90 J an. 14
New York Central & Hudson. 114 114
114% 114% 114% 114% 114 114%
114% 113% 111
2,335 112% Jan. 19 119% Mar. 5
New York Chic. & St. Louis .. *17
13
*17
18
*17
18
*17
17%
17
*16
17%
200
16%
May
19 22% Jan. 5
Do
1st pref. *70% 75
*73% 76
*73% 74% *73% 75
72
72
72% 72%
200 72 May 19 81% Jan. 4
Do
2d pref- *36
38
*36
38
*35
38
37
*36
38
37
37
37
300
37
May
19
45 Jan. 4
New York Lake Erie & West’n 29% 30
29% 30% 29% 30% 29% 30
29% 27% 28% 85,715 27% May 20 34% Jan. 2
Do
pref. 70% 71% 71% 71% 71% 72
71
71% 65
68% 11,140 65 Mav 20 77% Mar. 5
New York & New England . -. 377 39% 38
39 % 38% 39
37%
38% 38% 39% 31,460 36% Apr. 6 59 Mar. 3
New York New Hav. & Hart. *240 250 *240
*240
'240
'215
*210
224 Jan. 15 245% May 13
New York Ontario & Western
19% 19% 19% 19
19% 19
19
1834 19
19
2,517 18% Feb. 5 23% Feb. 11
New York Susquehan. <feWest.
11% *11% 12
12
12% 12% 13%
13%
13% 13%
7,90 b 10*2 Jan. 4 14% Feb 15
Do
pref. 56
56
*56
56% 59% 59%
57
62% 61% 6 2 *
7,200 41% Jan. 2 62% May 19
Norfolk & Western____ ____
14
*1 2 % 14
*12% 14
*12% 14
14
*13% 13%
13 May 10 18 Jan. 4
Do
pref
47
47 % 47% *46% 47% 46% 47%
47%
47%
47%
655 46% May 3 56 Jan. 4
Northern Paoiflc........ ..........
18% 19
19% 19^4 19% 19% 19%
19%
18% 19% 11,555 1 8 * May 14 26% Jan. 2
Do
pref
56
54% 56
54% 55% 55% 57
56% 52% 54% 212,630 52% May 20 72% Jan. 2
Ohio A Mississippi................
■‘20
2 1 % *20
21% 20% 20% *20
21
* 20 %
*20%
22.' 20 % May 17 24 J an. 5
Ohio Southern.......................
22
2 2 % *22
*22
24
24
23%
24
24%
'
24*
23
23
1,200 19 Jah. 12 37 % Mar. 23
Oregon R’y & Navigation Co. *80
85
*82
*80
86
87
*80
86
85
*80
85
85 Jan. 20 91% Jan. 28
Oregon 8h. Line*U tah North 23
24
22% 23
*23
2i% *22% 23% 23
23
*23
23%
795 22% May 16 33% Jan. 4
Peoria Decatur & Evansville *18% 19
18% 18% *18% 19% 18
18
18% 17% 17%
1,11«.
17% May 19 22% Jan. 4
Phila. & Read., vot. trust, cert.
59
59% 59% 59% 59% 59% 59% 60%
60% 59% 60% 141,149 38 Jan. 19 65 Feb. 11
Pittsburg Cinn. Chic. & St. L. *22
24
*21% 23 V *22
23% *22
23 % *22
24
*22
24
23
M .y 5 30% Jan. 5
Do
pref. *61
63
61
63% 61% 61% *61
*61
63% *61
63%
100 60 Apr. 1 67% Jan. 5
Pitts. & W est, pref. tr. certs. *42
44
*42
*42
44
44
*42
44
*42
44
42% 42%
200
4 45% Apr. 29
39%
Jan.
Bleb. & West P’t Ter’J, tr. ree.
7%
8
7% 8
7
8
7%
7%
8
7%
7
7% 16,2s4
7 May 17 11 Apr. 8
Do
pref., tr. ree.
48
50
50
50
*47%
*47 la
420 48 May 14 59% Apr, 8
Bio Grande Western............
37% 37%
37
lOu 37 Mar. 2 41 Jan. 5
37
Do
_
pref.
72% 72%
..... 72% 72%
150 68 Feb. 26 74 Mar. 11
Borne Watertown AOgdensb. 109% 109% 109% 111
109% 110% 109 110%
110%
'110%
110%
200 110 Jan. 19 112% Jan. 4
St. Louis Southwestern...
8%
8%
*8
8%
8%
8%
*8
8
%
8
8
8
8
5
Oo 7% Apr. 1 11% Jan. 2
_ ^ Do
pref.
16% 16% 16% 16% *16
17
16% 16% 16
16% 15% 15%
1,450 16 Mar. 30 223« Jan. 2
St. Paul & Duluth...............
46
46% 47
46
47
46
*45
47
*45
47
4
5
45
500
42 Mar. 26 48% Jan. 7
Do
pref. 105 107
106 ........ 107 107
106% 106% 105 107 *105 107
240 103 Jan. 19 107 Way IT
St. Paul Minn. & Manitoba.-.. 113% 113% 114 114
113 114
113%
ll:»%
113
114
*113
114
690
112
Feb. 25 116% Jah. 4
Southern Pacific Co...............
37
37% 37
37% 37% 37% 37% 37% 37
37% 37
37 % 2,790 37 Apr. 5 41% Jan. e
Texas & P acific.......... ......
*10
10% 10
10 %
10
10%
9%
10
9%
9%
1,390
9%
9%
9%
Feb.
10 14% Jan. 4
Toledo Ann Arbor & N. Mich! 22% 22% *23% 24
23% 24
*23% 24
23% 23% *23
24
130 23 Apr. 1 27% Feb. jr
Toledo & Ohio Central........
51
*49
50
49
50
*49
50
*49
50
»49
50
46 Jan. 28 52% Feb. 13
_ j Do
pref.
85
82
85
85
*82
85
*82
85
*82
85 ■
83 Jan. 12 88 Feb. 11
Union P acific. . .
Tj 39% 41% *82
39% 41% 38% 41% 38% 39% 38% 39% 39
40 150,423 38% May 17 50% Jan. 4
Union Pacific Denver & Gulf! 17% 18
17%
17%
18
18% 17% 18
17% 17
17
3,510 17 May 19 25 Jan. 4
18
Wabash..................................... 12
12
11% 11% 11% 11% 11% 11%
1.170 xi% May 20 15% Jan 4
11% 11% 11%
_
Dc
pref. 26% 26% 26% 26%| 26% 26% 26%
26%
26
24% 25%
9,040 24% May 20 33% Jan 1 4
Wheeling & Lake Erie............
31% 32% 31% 31%_ 31% 32% 31% 32%
32
31% 32% 21,590 31% May 16 40% Jan.. 5
__ Do
pref. 74% 74% 74% 75% 74% 75
74% 75%
75% 74% 75%
1,575 73% Apr. 2 80% Jan. 4
Wisconsin Central Co.............
16% 16% *16
17
15% 16
*15% 16%
15% 15% 1538
570j 15% May 20 21% Jan. 4
m is c e lla n e o u s S t o c k s ."
American Cotton Oil C o ......
38% 38%
39
38
39
38
38%
37% 37% 38 , 3,0551 32% Jan. 19 41% Apr. 1
Do
pref" 79% 79% 39
79% 79% 79% 79% x76% 76%
75% 75
75 i 1,652 63% Jan. 19 80% May 2
Am. Sugar Ref. Co .............
91% 92
90% 92
91% 92% 92% 93%
93
Do
93
94% 44,285 78% Jan. 19 101% Mar. 2R
pref.
93% 93% 93% 93% 93% 93% 94% 91%
94%
95
1,326 90 Jan. 19 99% Mar. 23!
95%
Chicago Gas Co., trust rec’ts
80% 80% 79% 80% 78% 80 % 77% 79%
80% 79% 80% 79,669 71% Jan. 2 82% May 9
Colorado Coal & Iron
*29
30% 29% 29% *29
30
*29
30
29
29
29
29%
560 29 May 6 39% Jah 11
Consolidated Gas C o ... ! " ! ! " 114% 115% 115% 115%
115% 115*4 114% 114%
114% 113% 114%
1,340 102 Jan. 15 116% May IB
Distilling A Cattle Feed’g Co’ 47% 48
47
48
47 % 47 % 47% 48% 48
48% 48
48 1 5,620 44% Mar. 9 67% Jan. 7
Edison General Elec., tr rec’ 1 1 0 % 111
112
110% 111% 110 111
109 109% 108% 110% 10,9b7 96% Apr. 7 113% May IE
National Cordage C o ............; 107% 107% 111
107% 109% 108% 109
107% 109%
109% 109 110% 21,160 92% Feb. 13 110% May 20
Do
pref*
107% 105% 105% 106% 106% 104% 106
105 105
104 105
National Lsad Co.................. * 107%
2,137 100 J an. 4 114% Fen. 333% 33%
32% 32% 32% 32% 33
32% 32% 32%
753 30% Mar. 24 39 Jan. 4
Do
pref x84% 84% 82%
84% 84% 84% 84% 84% 85
85
84*4
85%
1,671 81 vi ar. 24 86% May 13!
North American Co..........
13% 14
12% 13% 12% 13% 11% 13
12
12%
12%
12%
20,571
Oregon Improvement C o "
31*« May 18 18% Jan. 4
*22
27
*22
27
*22
27
*23
27
*22
27
*22
27
Pacific M a il....................
221« Apr. 22 29% Jam. J
35
35
35
35% 35
35% 35
35%
35
34
34%
3,825
Pipe Line Certificates'^"!........
34 May 20 40% Jan. 4
56% 56% 56% 56% 57
57% 55% 56%
56
55% 55% 87,000 52% Mar. 24 64% Jan. 12
Pullman Palace Car Co ........ 197 197
196% 196% 196 196
195%
196
196
•
1.085
Silver Bullion Certificates
181
Jan. 4
May i t
*88% 8834 88% 88% 88
88 % ‘ 87% "88
88% 88% 88% 164.000 85% Mar. 28 290%
Tennessee Coal A Iron : . . . . ! !
95% Jan. 4
41% 43
41% 42% 42% 43
42
42%
42% 40% 42%
9,395
Do
pref '106 110 '106
40»«
Jan. 19 50% Mar. 10
110
'106
112
*106
112
106
112
*106 112
Western Union Telegraph. ..!
92 Feb. 23 108 Apr. 2 Ì
82% 93% 92% 93% 92% 93
925a «3
oqa, O^Tq <y>% OOIq 0 nq
«*> Jin 1'’ 'IIV \nr 19
*These are the prices bid and asked; no sale made § Prices from beta Exchange*, x E x dividend.'
THE
832
0 H R 0N IC E 1
IV
ol.
UV,
BOSTON, PHILADELPHIA. AND BALTIMORE STOCK EXCHANGES.
Active Stocks.
f Indicates unii stai
jy
Saturday,
May 14.
Share Prices — n ot Per C en tu m P rices.
Monday,
May 16.
Tuesday,
May 17.
Arch. T. & 8. Fe (Boston).100 34% 34% 34% 35% 34% 35%
Atlantic & Pac.
“
100
99
Baltimore & Ohio (Balt ) . 100 98% 98% *
1st preferred
“
100
2d preferred
“
100
204% 205
204% 205
Boston & Albany (Boston) . 100 204% 205
178% 178%
179 179
Boston & Lowell
“
100 179 179
182
Boston & Maine
“
100 179% 180% 181%182% 181%
17% 17% 17% 17%
18
Central of Mass.
“
100 18
38% 38%
38
Preferred
“
100 37% 37% 38
Ohic.Bur.&Quin.
“
100 105 105% 105 105% 105% 105%
77 7s 78% 78% 78%
Ohio. Mil. & St.P. (Phil.). 100 77% 78
*53% 55
54
*53
Chic. & W. Mich. (Boston).100
*
6%
*6
Cleve. & Canton
“
100
'*19%
*1Q
”
20
20
Preferred___
“
100
90%
91
91% 90
Fitchburg pref.
“
100 91% 92
FI. & Pere Marq.
“
100
83
83
84
*83% 85
Preferred
“
100 *83
*
37
37 *
Hunt. & Br. Top. (Phila ) . 50 30
r
54%
54% H
54 % *54
Preferred
“
50
59
Lehigh Valley
“
50 *58öe 58% 58% 58% 58% 137%
133
125%133
Maine Central (Boston). 100 123 123
Mexican Central
“
100 17% 17% 17% 17% 17% 17%
38% 38% 38% 28%
FT. V. & N. Eng.
“
100 38*8 39
80
80
84
84
84
Preferred___
ff
100 * 84
69
69
69%
northern Central (Balt.). 50
19% 19% 19%
Northern Pacific (Phila.). 100 18% 1878 19
54% 55%
55 % ★ 54% 56
Preferred
“
100 55
185
187
Old Colony___ (Boston). 100 185 186%
54% 55%
55
55
54%
5478
Pennsylvania.. (Phila.). 50
Philadel. & Erie.
“
50 37% 37% *37% 3 7 % 37% 37%
Phila. &Reading
“
50 29% 291%. 29*te 28% 29% 2913,,.
6
6
5%
6
*6
7
Bummit Branch (Boston). 50
41% 39% 41% ’ 38% 41%
Union Pacific
“
100 40
228 228
228 228
United Con-otB .J.(Phila.)100 *227 228
*8
8%
8%
8%
8%
8%
WesteraN.Y.&ParPMa.) .100
>
Friday,
Mai 20.
Wednesday, Thursday,
May 19.
May 18.
Sales
of the
Weeh,
Shares.
Range of sales in 1892.
Lowest.
Highest.
34% 35% 325s 341* 32% 33% 57,538 32% May 20 46% Jan. 4
4 Mar. 9
870
5% Jan. »
4i*
*4
*4
8 84 Jan. 6 100% Mar. 15
98
981« *97% 98%
98
130 Jan. 12 135 Feb. 15
'133
116 Jan. 18 120% Mar. 9
* __
'120
120
113 199 Jan. 8 209 Mar. 9
205 205
204% 205 *2041« 205
25 173 Jan. 5 179 May •
180
. . . . . . 17 V
178 179
2,081 159 Jan. 28 182% May 16
177 181% 177 178t! 176% 177
208 15% Apr. 12 18 Jan. 8
17
17
17
*17% 17% 17
1,940 33 Jan. 2 38% May 17
36% 37%
*37
38
38
37
103 105% 17,477 103 May 20 110% Jan. 28
104 V« 105
10414 105
7 7 % 78% 771* 777e 77% 7778 18,100 75% Apr. 2 83% Jan. 7
54
155 48 Feb. 25 55 Mar. 31
53
53
53
*03
55
5% Feb. 17
6
*5%
8 F eb *12
*5 % 6%
19 Feb. 20 23 Jan. 4
*20
*20"
21
21
81%
Jan.
19
1,072
90%
90
92
May 13
90%
90% 90
so
24 May 3 28% Mar. 25
25
25
75%
Feb.
13
"
'8
0
84
87 Apr. 6
83%
83% 83% 83
36
105 25% Jan. 27 37% Apr. 19
36
37
37
72 46% Jan. 21 55% May 5
54% 54% *541« 54% 54% 54%
58% 58% 5878 58% 58% 5878 1,846 50% Jan. 13 62% Feb. 11
1,053 112 Mar. 14 137% May 17
132 132
132 133
130 135
1,306 16 May 6 24% Jan. 4
17% 17% *17t4 17% 16% 17%
5,912 36% Apr. 6 58% Mar. 3
37% 38% 3814 38% 38% 39%
95 75 May 4 114% Jan. 9
*80
80% 80%
*80
45 68 Jan. 19 69% Mar. 19
70
69
69
69
Ö9* *69
9,341 18% May 14 26% Jan. 5
19% 39% 187s 19% 18% 19%
53
54% 52,664 53 May 20 72% Jan. 2
55% 57
5319 56
32 164% Jan. 5 187 May 11
182 162
185
185 185
55%
55% " 55 " 55% 55
6,520 54% May 5 57% Jan. 2
55
37
*37 % 37% 3714 37%
700 32 Jan. 29 40% Mar. 3
29% 30316 297e 30*i
29 % 30% 55,414 19*1* Jan. 19 34% Feb. 11
7 Feb. 15
5 Mar. 29
6 78 *6
220
'6
6 78
39
3978 22,897 38% May 17 50% Jan. 4
387s 39 % 38% 39
57 x223%Mar 24 230 Apr. 25
2281« 228% 228% 228%
228 228
8 Jan. 19 10% Feb. I t
8% 8% 1,540
8
8
8%
Sis
PS.
m is c e lla n e o u s S t o c k s .
Am.Bug’rRefin.V (Boston).......
Preferrea.........
....
Bell Telephone..
*•
100
Bost. & Montana
H
25
Butte & Boston..
“
25
Calumet & Hecla
“
25
Canton Co.......... (Balt.). 100
Consolidated Gas
“
100
Brie Telephone (Boston). 100
Lam son Store Ser. “
50
Lehi’ h Coal&Nav 'Phil./ 50
N.En g. Telephon e ( Post’n)100
North American. (Phil. ) .100
Thomson-H’n El. .(Bost'n) 25
Preferred.......... “
25
West End Land..
"
—
* Bid and ashed prices;
92
93%
207
43
11%
272
70%
54%
47
90
52% 52%
53
53
18% 14%
66%
66
30% 30%
20
20
ne sale was
91%
93%
206
43
11%
272
*68%
54%
*46
inactive Stocks.
Prices of May 20.
Atlanta & Charlotte (Balt.). 100
Boston & Providence (Boston). 100
Camden &Atantic pf. (Phila.). 50
Catawissa..................
“
50
1st preferred........
“
50
2d preferred..........
“
50
ventral Ohio............. (Ball.). 50
Chari. Col. & Augusta “
100
Connecticut A Pass. (Boston) .100
Connecticut R iver...
“
100
Delaware A Bound Br. (Phila.).100
Har.Ports.Mt.Joy&L.
“
50
Kan. C’y Ft. S. A Mem. (Region) .100
Preferred................
“
100
K. City Mem. & Birin. “
100
Little Schuylkill....... (Phila.). 50
Manchester & Law.. (Boston). 100
Maryland Central....
(Balt.) 50
Mine Hill A 8. Haven (Phila.). 50
Nesquehoninr V a l....
“
50
Northern N. H........... (Boston). 100
North Pennsylvania. (Phila.). 50
Oregon Short Line... (Boston) .100
Parkersburg...............
(Balt.) 50
Pennsylvania & N. W. (Phila.) 50
Raleigh A Gaston. . . .
(Balt.) 100
Rutland...................... (Boston) . 100
Preferred..............
100
BeaboarcLA Roanoke. (Balt.) 100
1st preferred.......... .
“
100
West End....................,(Boston). 50
Preferred....................
“
50
West Jersey.................(Phila.). 50
West Jersey A Atlan.
“
50
Western Maryland.. (Balt.). 50
Wilm. Col. A Augusta
“
100
Wilmingt’n A Weldon
“
100
Wisconsin Central... (Boston). 100
Preferred....................
“ 100
Worc’st.Nash.ARoch.
“
100
X I8 C B L I.A H K O U S .
Allomez Mining........ (Boston). 25
Atlantic Mining........
“
25
City Passenger K R ... (Balt.). 25
Bay State Gas............ (Boston). 50
a
10
Boston Land.............
10
Centennial M ining...
a
25
Fort Wayne E lectric!
a
Fraiklin Mining.......
25
a
5
Fienohm’n’s Bay L’ nd
a
Huron Mining..........
25
a
100
Illinois Steel t ............
“
25
Kearsarge Mining....
(Phila.)
Morris anal guar. 4. (Phila.). 100
Preferred guar. 10
“
100
Oeeeola Mining..........(Boston) . 25
fullman Palaee Car..
“
100
Rainey Mining..........
“
25
Taaoaraek M in iur....
“
25
Thomson Ele. Weld’g.
“
100
H Unlisted.
Bid.
Ask.
92
91%
93% 93%
207%
208
44% 43%
11% 11%
275 *270
71% it
54
57
46% 46
191$ *
52% 52%
52% *52%
13% 12%
66% 66
30% 30
20% 19%
92% 927$ 93% 92% 92%
94% 94% *94% 94%
94
207% 208
207% 208
208
44%
43% 44% 44
44
12
12
12
1178 12
275 *272 275 *267 270
71% »68% 71%
71% *69
54% »1
54
57% 54
46
46
45% 45%
46
19%
20
*18
52% 52% 52% 52% 52%
52% 52% *52% 53
53
12
13
12 %
13% 12
65% 65%
66
66% 66
30
30
30% 30%
30
20
19% 19% 19% 19%
Inactive stocks.
Bid.
93%
94%
207%
43%
94% 12,160 78% Jan.
1,371 90% Jan.
95%
367 192 Mar.
208
3,283 31 Feb.
44
1,295 10% Apr.
* 1 1 78 12
266 267
40 253 Feb.
60% Jan.
*67
70
53% 54
9,660 43 Jan.
SS2 43% Jan.
45
45
20 14% Feb.
*17
18%
52% 52%
247 48% Jan.
16 50% Feb.
53
59
4,697 12 May
12 % 12 %
65% 65%
2,953 49% Jam.
766 26% Jan.
30%
90
3,575 16% Jan.
19% 19%
Ask.
15
Thom.Europ.E.Wold! (Boston) 106 10
3
3%
“ 160
Water Power.................
“
50 27% 28%
88 % Westing. El. tr. rec.fl
Bonds—Boston.
251 252%
At.Top.&S.F.100-yr.4g.,1989, JAJ I 81% 81%
27
100-year income 5 g., 1989.Sept. § 53% 58%
9
9%
Burl. A Mo. River Exempt 6s, J&J
60
Non-exempt 6s............1918, J&J \........ ........
59
Plain 4s........................1910, J&J
55
Chic. Burl. & Nor. 1st 5,1926, A&O 4104
2d mort. 6s.................1918, J&D 4103% ......
120% 123
Debenture 6s..............1896, J&D 4102%
Chic. Burl.& Quincy 4 s..1922, F&A 4 93
165
Iowa Division 4s.......1919, A&O 4 93%
69
68
Chic.&W.Mich. gen. 5s, 1921, J&D §........ 98%
45
Consol, of Vermont, 5S.1913, J&J § 95% »6
115
90
Current River, 1st, 5s..1927, A&O A
18
15
Det. Lans. ANor’n M. 7s. 1907, J&J &........ 108%
69% 71
E astern 1st mort. 6 g., 1906, M&S 4123 124%
Eree.Elk. & M. V.,1st, 6S.1933, AAO 4123
Unstamped 1st, 6s___1933, A&O
71
91
K.C. C.&Spring.,1st,5g.,1925,A&O
53%
K. C. F. S. & M. con. 6s, 1928, M&N 4167 107%
63
K.C.
Mem.
&
Bir.,
1st,
5s,1927,
M&S
"84” 85
} 123
C. St. Jo. & C. B., 7 s ..1907,
J&J
23% K.
28
L. Rock&Ft. 8., 1st,7 s ..1905, J&J
*48% — — Leuis.,Ev.&St.L.,lst,6g.l926,A&0 ,109
2m., 5—6 g .................1936, a&O
4% Mar. H. & Ont., 6s.......1925, A&O 105
Exten. 6s.................... 1923, J&D
69%
69%
Mexican Central, 4 g . . .1911, J&J
34%
1st oonsol.incomes, 3 g, non-cum. 34
........
18
2d
consol,
incomes,
3s,
non-cam.
"74%
88% 88% N. Y. & N.Eng,, 1st, 7s, 1905, J&J jll8 118%
111
1st mort. 6s................ 1905, J&J
60%
2d mort. 6s................. 1902, F&A |ioi%
19
2d mort.,scaled, 5s...1902, F&A
15
17
Ogden. & L. C.,Con.6s.l920,A&04
<110
Inc. 6s................................. „.1920
110
15% Rutland, 1st, 6s............1902. M&N
15
2d, 5s..........................1898,F&A
4»
120
Bonds.—Philadelphia . . .
Allegheny Val.,7 3 10s, 1896, JAJ 111%
90 0. 1 0 0 Atlantic City 1st 5s, g., 1919, MAN 102% Í 0 ¿ "
Belvidere Del., 1st, 6 s ..1902, JAD 113
Catawissa, M., 7s........ lyOO, FAA 117
91% 31% Char. Cin. A Chic.lst 5g, 1947, Q—J
Clearfield
& Jeff., 1st, 6s.1927, J&J 118
...
5%
11% Connecting. 6s...... 1900-64, M&S 117
11
12% 12% Del. A B’d B r’k, 1st, 7 s.1905,FAA 129
110
15% Eastern A Am. IstM.,5s. 1920, M&N
15
Elmir. & Wilm., 1st, 6s.1910, JAJ. 120
5%
Hmnt. A Br’dT op,C en.5s.’95,A&0 103
Lehigh Nav. 4 % s .......1 9 1 4 , Q—J 111 112
2d 6s, geld...............1 8 9 7 , JAD 112
12% 13%
General mort. 4%s, g.l924,Q —F 101%
till
Ì18
Lehigh Valley, 1st 6 s...1898, JAD
2d 7s............................1910, MAS 135
203
Consol. 6 ..................... 1923, JAD 130% isti
31% 32%
195% 197 North Penn. 1st, 7s___1896, MAN 110 ___
Gen. M. 7s...................1903, JAJ 129
130 130
169 170
1905, Var> 124 125%
Consol. 6s, c
4 And accrued interest.
90%
93%
207
43%
11%
*270
*68%
56
48%
19*4
52%
52%
12%
65%
30
20
made.
1 Las« price this week.
101% Mar. 24
Mar.
Jam.
Apr.
Jan.
Mar.
Apr.
May
Jan.
May
Feb.
Feb.
Jan.
May
May
20% May
100
210
45%
17%
281
99
57%
47
21
55%
53
18%
67%
30%
25
15
19
5
21
16
17
7
12
15
29
2
19
16
19
Bonds.
Bid. Ash.
Penna. Consol. 5s, r ........1919, Var
Collat. Tr. 4% g .......... 1913, JAD
Fa. A N. Y. Canal, 7 s ...1906, JAD
Consol. 5s.................... 1939, AAO
Perkiomen, 1st ser., 5 s.1918, Q—J
Pnila.AEriegen. M. 5g.,1920, AAO
Gen. mort., 4 g .......... 1920, AAO
Phila A Read, new 4 g., 1958, JAJ
1st pref. income, 5 g, 1958, Feb 1
2d pref. income, 5 g, 1958, Feb. 1
Sd pref. Income, 5 g, 195$. Feb. 1
2d, 7s...........................1893, AAO
Consel. mort. 7s........ 1911, JAD
Consol, mort. 6 g ........ 1911, JAD
ImprovementM. 6 g., 1897, AAO
Con. M.,5 g.,stamped,1922,M&N
Phil. Wilm. A Balt., 4 s .1917, A&O
Pitts. C. & St. L., 7 s ....1900, F&A
Fo’keepsie Bridge, 6 g. 1936, F&A
Schuyl.R.E.Side.lst 5 g.1935, J&D
Steuben. A Ind.,lstm .,5s.l9l4, J&J
United N. J., 6 g ............ 1894, A&O
Warren A Frank.,1st,7s,1896,FAA
B o n d s .—B a ltim ore.S .
...
Atlanta A Chari., 1st 7s, 1907, J fcJ
Income 6s...................1900, A&O
Baltimore & Ohio 4g., 1935, A&O
Pitts. & Conn., 5 g ...l9 2 5 , F&A
Staten Island, 2d, 5 g.1926, J&J
Bal.&Ohio S.W.,lst,4%g.l990, J&J
CapeF.&Yad.,Ser.A.,6g.l916, J&D
Series B., 6 g ............... 1916, J&D
Series C., 6 g ............... 1916, J&D
Cent. Ohio, 4% g ............ 1930, M&S
Chari. CeL&Aug. Ist7 s.l8 9 5 , J&J
Ga.Car. & Nor. 1st 5 g ..l9 2 9 , J&J
North. Cent. 6s............... 1900, J&J
6s...................................1904, J&J
Series A, 5s................. 1926, J&J
4 % s..............................1925, A&O
Oxf.&Clark.,int.gu.,6 g.l937,M&N
Fiedm.& Cum., 1st, 5 g.1911, FAA
Pitts. & Connells. 1st 7s. 1898, J&J
Virginia Mid., 1st 6s__1906, M&8
2d Series, 6s................1911 MAS
3d Series, 6s............... 1916, MAS
4th Series, 3-4-5s.......1921, M&S
5th Series, 5s..............1926, MAS
West Va. C. A P. 1st, 6 g.1911, J&J
West’ ;. N.C. Consol. 6 g.1914, J&J
Wilm. Cel. & Aug., 6 s..1910, J&D
112%
111
127 128
112%
10«
112%
100% ---*■*
88%
76% 77%
68%
60
«0%
104
185
__
120
105% ___mr
103 104
.......
117%
85
109 110
107 ___-(f
102
107%
119% 12«%
........ 100%
100% 101%
110
106%
99
98
98
101
103
104
114%
116
111
105
97%
115%
114
113%
107
10«%
100
100
99
104
104%
115
112
09
110
lí¿
115
114
108
83
100
110%
119
129
M ISCE LLAN EO U S.
Baltimore—City Hall 6s.1900, Q—J
Funding 6s.................. 1900, Q—J
West daryl’d RR. 6s.. 1902, J&J
Water 5s..... ..............1916, M&N
Funding 5 s ................1916, M&N
Exchange 3 % s .......... 1930, J&J
Virginia (dtate) 3s, new .1932, J&J
Chesapeake Gas, 6 s .....19 0 0 , J&D
Consol. Gas, 6s..........1 9 1 0 , J&D
5 s .................................. 1939, J&J
Equitable Gas. 6s........ 1913, A&O
116
118
122 124
122 123
101% 102
74%
74
109% 111
115 1115%
102% 103%
110
I.........
May 2 1 , 1892. J
THE
C H R O N IC L E .
833
NEW YORK STOCK EXCHANGE PRICES (Continued).—A C T IV E BONDS M A Y 2 0, AND FOR YEAR 1892.
_,
R a il r o a d
_ . .
and
CHos’ng Range (»alee) in 1892.
M iscel . B onds , interest} Price
Period. May 20
Lowest.
Highest.
R a il r o a d
L . .
and
CloKnflij uange (sales) in 1892.
M iscel . B onds . Inter’ sv Price |______________,________
Period. |May 20
Lowest.
Amer. Cotton Oil, deb., 8 g.1900
107*4 Jan. 112 Apr.
Mobile & Ohio—New, 6 g,.1927|J & D 117 b. 112 Feb
At.Top.&S.F.—100-yr.,4g.l989
81% Feb. 84 Jan.
General mortgage, 4s. ..1 9 3 8 |M & 8 617a I 6 1 * 2 A n r
100-year incom e,5g.......1989
53 May 66% Jan.
Nash. Ch. & St.L.—1st, 7s.l913;J & J 129*4b. 126% Jan."
AtL & Pao.—Guar, 4 g.,.,1 9 3 7
71*2 Mar. 74 Jan.
Con.,. 5 B
g .......................... 1928'A & O *Bf’
105*2 1-----103*« Jan.
W.D. inc., 6s....................1910
N.Y. Central—Extend.,5s. 1893 M A N 1013s 101*4 May
10T8 May 14*4 Jan.
Brookl’ n Elevat’ d 1st, 6, g.1924
111 Jan. 118 Mar.
1st, coupon, 7s.................1903; J & J 127*2 123*2 Jan.
Can. South.—1st guar., 5s 1908
Deben.,5s,coup., 1884.. 1904IM & 8 108*2 107*2 Mar.
105*8 Jan. 108% May
2d,5s.................................1913 iM & 8
100 Mar. 10478 Feb.
N. Y. & Harlem—7s, reg. 1900 M A jy 119%b.'120 May
Cent. Ga.—S & W. 1st con.5s,’ 2 9 ............
71 Apr. 85 Feb.
R W. & Ogd.—Con., 5 s..1922 A & O 112%b. 111*2 Apr.
Central of N. J.—Cons.,7s. 1899 Q—J
115 Jan. 117*2 Mar. N. Y. Chic. & St. L.—4 g . . . 1937 A & O 97*4bJ 95 Jan.
Consol., 7s....................... 1902 M A N
120 Jan. 123*2 Mar. N.Y. Elevated—7s............ 1906 J & J 113 b.|112 Jan.
General mortgage, 5 g . . 1987 J & J
109*2 Jan. 1123s Feb.
N.Y. Lack. & W —1st, 6s.. 19211J & J 129 b.;l25 Jan.
Leh.&W.B.,con.,7s,as’ d.l9 0 0 Q—M
109*2 Jan. 113*4 May
Construction, 5s............. 1923; F & A 110 b. 110 Jan.
do. mortgage, 58......... 19 12 M & N
94 Jan. 101*2 Mar. N.Y.L.E.&W.—lst,oon.,7g.l920,M & S 137*2b. 134*4 Mar.
Am. Dock & Imp., 5s___1921 J & J
105*2 Jan. 108*4 May
Long Dock, 7s.................1893 J & D 106*4b. 104*4 Jan.
Central Pacific—Gold,6s.. 1898 J & J
109*4 Jan. 112 May
Consol., 6 g ................... 1935 A & O 120 b. 117*4 Apr.
Ohes. & Ohio—Mort., 6 g..l9 1 1 A & O
114*2 Apr. 119 Feb.
2d consol., 6 g ................1969 J & D 10858 106*2 Jan.
lstoon sol.,5 g .................1939 M & N
103*2 Jan. 107 Apr.
N. Y. Ont. & W.—1st, 6 g ..l9 1 4 M & 112 b. 110% Apr.
Gen. 4 *28, g ..................... 1992 M & S
81*2 Apr. 8478 May
Consol. 1st, 5 g ...............1939! J &
107*4b.|l00 J«n.
R.&A.Div.,lstcon.,2-4g.l989 J & J
76 Jan. 79 May
N. Y.Sus.&W.—1st ref., 5 g .19371J & I 105
103 Jan.
do 2d con., 4 g . . . 1989 J & J
75*2 Jan. 79*2 Mar.
Midland of N. J., 6 g. ...1910 A & O 117 b. 116 Apr.
Ohio. Burl. & Q.—Con., 7s. 1903 J & J
121*2 Jan. 125*4 May Norf. & South.—1st, 5 g..,1941;M & N 99
98 Apr.
Debenture, 5s...................1913 *'
101 Jan. 105*2 Apr.
Norf. & W —100-year, 5 g. 1990 J & J
93 Apr.
Convertible 5s..................1903
10778 Mar. 114 Jan.
Md.&Wash. D iv.-lst,5 g.1941 J & J 94*2
91 Feb.
Denver Division, 4s.......1922
91*2 Feb. 93*4 May
North.Pac.—1st,coup.,6g. 1921 J &
118 b. 115 Jan.
Nebraska Extension, 4s. 1927
88*2 Mar. 91*2 Apr.
General, 2d, coup., 6 g .. 1933 A & O 113*2 11238 Apr.
Chic. & E. 111.—1st,s.f.,6s. 1907
112*2 Jan. 118*2 May
General, 3d, coup., 6 g.,1937 J & D 109 b. 107*8 Jan.
. Consol..6g........................1934
120% Apr. 122*2 Jau.
Consol, mort., 5 g ............1989 J & D 7778
76 Mar.
General consol. 1st, 5 s..1937
97 Jan. 104 Apr.
Chic. & N.P.—1st, 5 g ...l9 4 0 A & O 77
76*2 Apr.
Chicago & Erie—1st, 4-5 g.1982
97*2 Jan. 104*2 Apr. North. Pac.&M on.—6 g ...l9 3 8 :M & 8 96
96 Apr.
Income, 5s...................... 1982
48 Jan. 53% Feb.
North. Pac. Ter. Co.—6 g ..l9 3 3 ;J & J 108 *2a. 105 Jan.
Chic. Gas L. &C.—1st,5 g.1937
86 Jan. 94 May jOhio&Miss.—Cons.s.f.,7s,1898 J & J 1 1 3 % b .!lll Jan.
Chic.Mil. &St.P.—Con.7s.1905
125*4 Jan. 130 May I Consol., 7s.......................1898;J & J 113%b. l i o Mar.
1st, Southwest Div., 6s. 1909
112*2 Jan. 116*2 Apr. Ohio Southern—1st, 6 g . . . 19211J & D llo% b . 106 Jan.
1st, So. Min. Div., 6s. ...1910
113*2 Jan. 11778 May
General mort., 4 g .......... 1921 M & N 63%a.i 62 Jan.
1st,Ch.&Pac.W.Div., 5 s.1921
106 Jan. 1107e May
Omaha & St. Louis—4 g ..1937|J & J 62*2b. 62*2 Apr.
Chic. &Mo.Riv. Div., 5s. 1926
100*4 Jan. 104*2 May Oregon Imp. Co. 1st, 6 g,1 9 1 0 jj & D 103
101*2 Jan.
Wis. & Minn. Div., 5 g..l9 2 1
103 Jan. 108 May
Consol., 5 g ..................... 1939 A & O 64
64 Apr.
Terminal, 5 g ................. 1914,- — „
103 Jan. 107% May
Ore.R.&Nav Co.—Is t,6 g .l9 0 9 J & J
10978
Jan.
Gen. M., i g . , series A ...1989 J & J
86*4 Jan. 90*2 May
Consol., 5 g .......................1925 J A D 95 a. 90 May
Mil.&Nor.—1st, con., 6S.1913 J & D
111*4 Jan. 115 Apr. Pa. Co.—4*2 g., coupon___1921 J & J 108
1055s Jan.
Chic.&N.W.—Consol.,7s..1915 Q—F
137 Feb. 142 Apr.
Peo. Dec.&Ëvansv.—6g..l920|J & J 106 b. 103 Apr.
Coupon, gold, 7s.............. 1902 J & D
123*2 Jan. 127 May
Evansville Div., 6g___1920.M & S
100 Apr.
Sinking fund, 6s.............. 1929 A & O
116 Jan. 120 Mar.
2d mort., 5 g ....................1926 M & N 70
69 May
Sinking fund, 5s.............. 1929 A & O
105*2 May 109*4 Feb.
Phila. & Read.—Gen., 4 g.1958 J & J 89*8
83*8 Jan.
Sinking fund deben., 5s. 1933 M & N
105 Apr. 107% Apr.
1st pref. income, 5 g .......1958 Feb.
76»2b. 69*2 Feb.
25-year debenture, 5__ 1909 M & N
103*2 May * 07 Mar.
2d pref. income, 5 g ...... 1958 Feb.
685s
53% Feb.
Extension, 4s................. 1926 F & A
96 Jan. 100*2 Jan.
3d pref. income, 5 g ...... 1958 Feb.
60*4
37 Jan.
Chic. Peo. & St. Louis—5 g . l 9 2 8 M & S
96 Mar. 101 Apr.
Pittsburg & Western—4 g. 1917 J & J 85
80*4
Jan.
Chic.R.l.&Pac.—6s, coup.1917 J & J
121 Jàn. 126*2 Apr.
Rich & Danv.—Con., 6 g ..l9 1 5 J & J 108 b. 105*2 Mar.
Extension and col.,5 s...1934 J & J
10138 Jan. 104*2 May
Consol.,5g....................... 1936 A & O 76 *2b 75 Apr.
30-year debent. 5s..........1931 M & S
95 Jan.
98*2 Feb.
Rich.&W.P.Ter.-Trust,6g.l897 F & A 85 b 83 May
Chic. St.L.&Pitt.-Con.,5g.1932
105 Jan. 110 May
Con. 1st & col. trust, 5 g.1914 M & S
51*4 May
Chic. St. P. M. AO.—6s
1930
124*2 120 Feb. 124*2 May
Rio G. Western—1st, 4 g .. 1939 J & J 81%
76% Jan.
91*i.b. 88 Jan. 93*2 Mar. St. Jo. & Gr. Island—6 g..l9 2 5 M & N 94
Cleveland & Canton—5 .. .1917
94
May
C. C. C. & I.—Consol., 7 g.1914
135 b. 128*2 Jan. 135 May
St. L. Alt. & T. H.—1st, 7s. 1894 J & J 107 b.
Apr.
12 2 b. 118*2 Jan. 122% Mar. St. L. A lron M t.—Is t7 s ...l8 9 2 F & A 10 2 %b. 107*4
General consol., 6 g .......1934
101
Feb.
C.C.C.&St.L.—Peo.& E. 4 s.1940
rii b. 79% Apr. 83 Feb.
2d, 7 g . . . ......................1 8 9 7 M & N 107*sb. 107*8 May
Income, 4 s .................... 1990
28*2
28*4 Apr. 34*2 Feb.
Cairo Ark. & Texas, 7 g. .1897 J & D 1087sb. 105 Jan.
Col. Coal & Iron—6 g ........ 1900
98 b. 99 May 103*2 Jan.
Gen. R’y & land gr.,5 g..l9 3 1 A & O 84*2
83 % Apr.
Col. Midland—Con., 4 g.,.1940
70*2 a. 70 Mar. 74 Jan.
St.L. &SanFr.—6 g.,Cl.B.1906 M & N l l l * 2 b. 1115s May
Col.H. Val. &Tol.—Con., 5 g . 1931
97*2
87*2 Jan. 97 % May
6 g., Class C.................... 1906 M A N l l l * 2b. 111*2 May
General, 6 g ..................... 1904
105 a. 93 Jan. 105 May
General mort., 6 g .......... 1931 J A J 109% 106% Jan.
Denver & Rio G.—1st, 7 g.1900
1153&b 11538 May 119 Apr.
St. L. So.West.—1st, 4s, g .. 1989 M A N 68 *2b. 69% May
1st consol., 4 g ................ 1936
84*8
77% Jan.
84*2 May
2d, 4s, g., in com e............ 1989 J A J 30*4
30 May
Det. B. City & Alpena—6 g.1913
70 Jan.
80 Feb.
S.P.M.AM.—Dak. Ex., 6 g .l9 1 0 M A N 117 b. 116*2 Jan.
Det. Mac.& M.—L’d grants .1911
41%
36 Apr. 42*2 Jan.
1st consol., 6 g ................1933 J A J 122*4b. 118*2 Jan.
Dul. So. Sh. & Atl.—5 g ___1937
103 a 95 Mar. 103 May
do
reduced t o 4 *2 g ... J A J 101 %
97 Jan.
E.Tenn.V &G.—Con., 5 g. 1956
93 b 90 Mar. 100 Feb.
Montana Extension, 4 g. 1937 J A D 88 *2b. 87*4 Jan.
Knoxville & Ohio, 6 g.,.1925
99 7S May 108 Jan.
San A. A Aran. P.—1st, 6 g. 1916 J A J 65 b. 65 Apr.
Eliz. Lex. & Big San.—6 g.1902
81 Mar. 97 May
1st, 6 g ............................. 1926 J A J 65 b. 61 Jan.
Ft. W. & Denv. City—6 g . . 1921
104
98*2 Jan. 105 May
SeattleL.S.AE.—1st,gu. 6.1931 F A A 94*gb. 90 Apr.
Gal.H.&San An.-W.Div.lst,5 g.
95 b. 95% May 98% Apr.
So. Car.—1st, 6 g.,ex coup. 1 9 2 0 ............ 106 b. 106 Apr.
Han. & St. Jos.—Cons., 6s.1911
116 b. 115 Apr. 11858 Feb.
Incom e,6s,.......................1 9 3 1 .............
14 Apr.
Illinois Central—4 g ..........1952
100 b. 96*2 Jan. 102*2 Feb. So. Pac., Ariz.—6 g .......1909-10 J A J
101 Feb.
Int. & Gt. No.—1st, 6 g ___1919
130 b. 118 Jan. 129 Mar. So. Pacific,Cal.—6 g . . . . 1905-12 A A O 113 b. 112*4 Jan.
Coupon, 6 g., trust reo..l9 0 9
76 Jan. 82 Jan.
1st, consol., gold, 5 g___1938 A A O 100*2
99*4 Mar.
Iowa Central—1st, 5 g ___.1938
93 b. 89*2 Jan. 96 Feb.
So. Pacific, N. M.—6 g ........ 1911 J A J 105 b. 101*2 Jan.
Kentucky Central—4 g ___1987
84%b. 81 Jan. 85*2 May
Tenn.C.I. ARy.—Ten.D .,lst,6g A A O 94
89
Feb.
Kings Co. El.—1st, 5 g ___1925
98 b. 97*2 Feb. 100 Jan.
Birm. Div., 6 g ................. 1917 J A J
91 Jan.
Laclede Gas—1st, 5 g ........ 1919
84%
80 Mar. 85*4 May
Tex. A Pao.—1st, 5 g .......... 2000 J A D 84*2b. 77*4 Feb.
Lake Erie & West.—5 g ___1937
1 1 2 *4b. 107*4 Jan. 111% May
2d, income, 5 g ................. 2000 March. 30*2
27 Feb.
L. Shore—Con. cp., 1st, 7s.1900
1 2 1 *2b. 120 Jan. 122*2 Apr. Tol. A. A. A N. M.—6 g .......1924 M A N 97
96*2 May
Consol, coup., 2d, 7s.......1903
125 b. 121% Feb.
6 May
Tol. A Ohio Cent.—5 g .......1935 J A J 106 *2b. 102*2 Jan.
Long Isl’ d—1st, con., 5 g ..l9 3 1
113% 113 Apr. 115 Feb.
Tol; Peo. A West.—4 g . . . . . l 9 1 7 J A J 81*2
77 Jan.
General mortgage, 4 g.,1938
97*4 a. 91 Jan. 97 May Tol. St. L. A Kan. C.—6 g ..l9 1 6 J A D 99*2
91 Jan.
Louis. & Nash.—Cons., 7s.1898
113 b. 111* 4 Apr. 115 Feb.
Union Pacific—6 g ...............1899 J A J 113*2b. 1103s Jan.
N.O. & Mob. 1st, 6 g .......1930
1 2 1 b. 117*2 Jan. 121 May
Sinking fund. 8s............... 1893 M A S 107
106 Mar.
do.
2d, 6 g ........ 1930
108*2b.|l08 Jan. 110*2 Apr.
Collat. trust 4*2................1918 M A N 70
70 May
General, 6 g ......................1930
118%b. 115*4 Jan. 118 May
Gold 6s, col. trust notes. 1894 F A A 95*2
95*2 Jan.
Unified, 4 g ...................... 1940
81 b. 78% Jan. 81% Apr.
Kan. Pac.-Den. Div.-6 g.1899 M A N 109 b. 109 Feb.
Nash.Fl.&Sh.—1st gtd.5 g.’37
1 0 1 b. 98 Feb. 101 Jan.
1st consol., 6 g ...............1919 M A N 109 b. 108*2 Jan.
Louis. N.A. & Ch.—1st, 6s. 1910
I l l b. 10878 Jan. 112 Apr.
Oregon Short Line—6 g.,1922 F A A 103 *2 b. 103% Apr.
Consol., 6 g ................. ...1916
99 Apr. 103 Feb.
102*4
Or.S.L. AUt’hN.—Con.5 g.1919 A A O 76 a. 1 75 Apr.
Louis. St. L. ATexas—6 g.1917
95 a. 87*2 Jan.
963s Jan.
U.P.Den.A Gulf con. 5 g.1939 J A D 74*2b. 74*4 May
Metro. Elevated—1st, 6 g. 1908
11838b. 113*2 Jan. 11858 Feb.
Union Elevated—6 g ......... 1937 M A N 113 b. 110 Jan.
2d,6s................................. 1899
107
105*4 Jan. 109*2 Mar. Virginia Mid.—Gen. m.,5s, 1936 M A N 78 b. 76*2 May
Mich. Cent.—1st, con., 7s.. 1902 M A N 121 b. 121 May 124*2 Apr.
do
stamped guar. M A N 78*2b. 80 Mar.
Consol., 5 s ..................... 1902 M A N|106*2b. 106*2 May 108*2 Apr.
Wabash—1st,5 g ................. 1939 M A N 105*2 103*8 Jan.
MR.LakeSh. AW.—1st,6g. 1921 |M A N|l25*4b 123 Jan. 127*4 Apr.
2d mortgage, 5 g ............1 9 3 9 .F A A 84
79*2 Mar.
Exten. A Imp., 5 g ........ 1929 F A A 108
104*2 Mar. 108% Jan.
Debent. M., series B .......1939 J A J
40% May
79*2 Jan. 83 May West Shore—Guar., 4s...... 2361 J A J 104% 101% Jan.
“ a F l 4 T' ~ l8t 4s» S........ 1990'J A D 825s
2d 4 s ,g ................... ....1 9 9 0 F A A 50*2
46% Jan. 54% Jan.
West. N. Y. A Pa.—1st, 5 g.1937 J A J
99 Jan.
Mo. Pacific—1st, con., 6 g.1920 M A NT08
107 Jan. 109*2 Apr.
2d mort., 3g.,5sc..............1927 A A O 34%
31*2 Apr.
8 d,7 s..............
1906 M A Nl............ 112*2 Jan. 116 Jan.
West. Un. Tel.—Col. tr.,5s.l938'J A J 104*2b. 100*8 Jan.
Pac. of Mo.—1st, ex.,4 g .1938 F A a !
97 Mar. 100 Jan.
Wis. Cent. Co.—1st, 5 g......19371J A J 93
90 Mar.
2d extended'5s _____ 1938 J A Jii.07 b, 10238 Jan. 107*9 Apr.
Income, 5 g .................
.1937*........ 35 a. 36 Mar.
Note—“ b ” indicates price bid ; “ a ” price asked; the Range is made up from aotuai sales only.
* Latest price this week.
1 Highest
117*2 May
I 677s Jan.
[130 May
¡106 Feb.
105 Mar.
127*2 May
IHO Feb.
123*4 Apr.
115 Feb.
99 Feb.
114 Feb.
128*4 May
110*2 Apr.
138*2 Feb.
106*4 May
121 Feb.
109*2 May
116 Jan.
108 May
1055s Apr.
119 Mar.
101 Apr.
96*2 May
95 Jan.
118*2 Mar.
116*2 Mar.
111 Apr.
80% Jan.
82 Feb.
103 Feb.
108% Apr.
113 Apr.
114 May
111*4 May
6678 Mar.
62*2 Apr.
104*2 Feb.
71*4 Jan.
I l l *2 Mar.
96 Feb.
108 May
110 Feb.
108 Jan.
71 *2 Mar.
90 Feb.
79 Feb.
72 Feb.
67 Feb.
85 Apr.
112 Jan.
85 Feb.
100 Feb.
72% Feb.
82 May
100 Mar.
10838 Jan.
1043s Jan.
109*2 Feb.
109 Mar.
86*2 Mar.
115 Apr.
115 Apr.
110*4 May
72*2 Jan.
37*4 Jan.
119 Mar.
122*2 May
103 Apr.
89*4 Mar.
68*2 May
66 Mar.
96 May
108*2 Mar.
22 Jan.
106 Apr.
116 Mar.
102 Mar.
106*4 Apr.
96 Mar.
96*2 May
85*2 May
34*2 Mar.
104 Feb.
106% May
81*2 May
100 May
113% May
110*2 Feb.
74*2 Jan.
100 Jan.
111* 2 Apr.
114 Apr.
108 Jan.
83*2 Feb.
77*2 Jan.
115*4 Apr.
85 Feb.
87 Feb.
107 Apr.
85 Jan.
50 Jan.
105 May
105 May
353s Feb.
105*8 May
93*2 Jan.
42*2 Jan.
NEW YORK STOCK EXCHANGE PRICES.—STATE BONDS M A Y 2 0.
SECURITIES.
Bid.
Ask.
Alabama—Class A, 4 to 5 .......1906
Class B, 5s........... ................. 1906
Class C, 4s............................. 1906
Currency funding 4s............192Ò
Arkansas—6s,f und.Hol. 1899-1900
do. Non-Holford
7s, Arkansas Central R R ............
Louisiana—7s, cons___; . ....... 1914
Stamped 4s............. ..................
Missouri—Fund.............1894-1895
100
102
105
92*2
95
5
170
2
105
109
99
12
190
10
88*2 90
105
SECURITIES.
Bid. Ask.
SECURITIES.
Bid. Ask.
New York—6 s ,lo a n ...............1893 102
S.C. (cont.)—Brownconsol.6s.1893 94
97
North Carolina—6 s, old ........... J&J
30
Tennessee—6s, old.. . . . .1892-1898 62
Funding act........ ................. 1900 10
Comiromise, 3-4-5-6S......... 1912 72
New bonds, J. & J ___1892-1898
20
New settlement, 6s .............. 1913 108 11G
2
Chatham RR..................................
7
5 s..............
1913 102 " 104
Special tax, Class 1.......................
3
5
3 s ..................... m ................. 1913
72*2
Consolidated 4 s.................... 1910 99*4 101
Virginiar-6s,old .................. ...........
6s . . . . , .................................... 1919 124 126
6s, consolidated bonds..........
Rhode Island—6s, cou. .1893-1894 102
6s, consolidated, 2 d series, rects.
South Carolina—6s, non-fund.1888
1%
i%
6s, deferred, t’st rec’ts, stamped
7*2 8
THE
834
fVOL. U V .
C H R O N IC L E .
GENERAL QUOTATIONS OF STOCKS AND
BONDS.
Quotations In N ew Y ork represent the per cent value, w hatever the par m ay b e ; other quotations are freq u en tly m a le per share.
?SetoU owinK abbreviations are otten used, viz.: “ M ” fo r m ortgage « g.;’ for g old ; ^ g ’ d ,” fo r guaranteed;
en d .,» for en d orsed :
l o r consolidated; “ eonv.” fo r co n v e rtib le ; “ s. f.,” fo r sinking su nd; 1. g., ,f or land grant.
Quotations in New York are to T hu rsday; from other cities, to late m ail dates.
'
■
Subscribers w ill confer a favor by giv in g notice o f any error discovered In these q u o ta tio n s.
U n ite d St a t e s B o n ds .
Bid.
Ask.
Ci t y S e c u r it ie s .
Bid.
Ask.
Cit y Se c u r it ie s .
Bid.
Ask
Boston, Mass.—Water 68,1906 .Var §129% 132% N. Brnnewiek.N.J.—7s,water, 1904 110*3 6s, 1 9 0 6 ........ ;................. ..Var ___ 1104
Water 5s, gold, 1906
..Var §118 119*s
U N I T E I* S T A T E S B O N D S .
QEI3
New Hav’n-Park,3*« p.c.20.50s. J&J 95
Water4s. 1917 . . . . . . . . . . . . . . Var §n0*4 114
2s, option U. S., reg................Q—M 100
105
New Orleans, La.—Premium 5s ... 158*3'158%
Water
3*38.
1917...................A&O
118
117*4
4a, 1907..... .....................r e g ...Q —J
107
%
107%
100
Cons.
6
s,
1923,ext.
Crossman.
J&J
3s
A&O
4 b, 1907................... coup.. .Q—J 117*4 118
58,1934 ........ . . ................... J&D 103
B’klyn.N.Y.—B’ ge7s,1915 24.J&J
6s, Currency, 1895.....r e g — J&J 109
N.Y. City—78, 1 9 0 0 . . . . . . . . . .. M&N §125
Park os, 1 9 2 4 ....................... J&J
6s, Currency, 1896.....r e g ---- J&J 111*3
6
s, 1900................................. M&N ¡5........ 118*4
.J&J
Bridge
5s,
1
9
1
9
................
114
6s, Currency, 1 8 9 7 .....reg....J& J
6s, gold, 1901
.......J&J;§120 123*3
Bridge4s. » 9 2 6 ............. ....J& J
6s, Currency, 1898.......reg— J&J I16*fi
5s,
1908.................................M&N §118% 121 %
Water
3s,
1
9
0
5
.
.
.
.
.
.
.
.
.
........J&J
6s, Currency, 1899.......reg— J&J 119
5s,
gold,
1896.......................
M&N §106
Buffalo, N.Y.—7s. 1924-5........ J&J
4 b, 1906................................. M&N §1< 6
Water 5s, 1898-9...................A&O
S T A T E S E C U R IT IE S .
3*ss, 1 9 0 4 . . . . . . . . . . . ........M & N ’§103
Water 4s, 15*04.............
M&S
Alabama—Class “ A,” 4 to 5 ,1 90 6 .. 101*4 10 2 *«
3s, 1907..................................A&0;§100
Water 3*28,1905................ ..J&J
Class “ B,” 5s, 1906...................... 105 107
96
Park, 2 *38, 20-4s. . . ___ .....M & N § 90
Wa*er
3s,
1916......................
F&A
»2
Class “ C,” 4s, 1906........ i .........
109
Norfolk,
V a .- 6s, 1914............... Var
Cambridge,Mass.-Water
6s,’
96.
J&J
97
95
Currency funding 4s, 1920.......
125 126*3
8
s,
Water,
1901....................M&N
123
City
6s,
1904
.
.
...................J
&
J
12
5
Arkan.—6s, fund., ’99. Holford. J&J
101
5s, 1 9 1 6 ..................................A&O
Water 3*3*-, 1 9 1 1 .................... Var
6s, fund., non-Holford.......... J&J 170 190
Norwich, Ct.—5s, 1907............ A&O § 112*3 114
Camden, N. J.—7s. 1 9 0 3 ..........J&J
10
3
7s, L. R. &Ft. 8.issue,190O.A & o
103
Omaha, N eb.-P aving 5s, 1905
Charleston,8.C.—Conv.7s,’97.A&0
10
3
78, Memphis & L. R., 1899.A & O
83
5s, 1912................................. .........
Conv. 4s, 1909.............. ......J & J
3
7
7s,L. R. P. B. &N. O., 1900.A & O
Chicago, i l l —7s, 1899.................... 118 118*3 Orange, N. J.—7s, long..................... §114; ....... .
3
7s,Miss.O. & R.Riv.,1900.A & O
108*4
Paterson,
N. J.—7s, 19 0 0 ................ 115% 117*3
108*3
2
7
78,1895............................. .
7s, Ark. CentralRR.,1900.A & O
1116s, 1901...........................................
4*28,1900............................. . . . . . . 10l*S
Gonnectic’t- New ,rg. ,3 *4s,1903. J&J ¡ 9 6
100*3
90
4s,
1908........................................
...
3-65s, 1902................................. .
94*4
New, reg. or coup., 3s, 1930 ____
Petersburg, Va.—6 s, lon g......J & J
99
115
4s, 1911........................ .................
Dist. Col.—Cons.3-658,1924,cp.F&A 110
Philadelphia,
Pa.—
6
s,
1896—
J&J
100
Cook Co. 4*38,1900.......................
Funding 5s, 1899............
J&J
6s, 1904-5-6............................. J&J
West Chicago 5s, 1 8 9 9 ............... . 100 %
Wash.—Fund.loan(Cong.)6s,g.i’92
Pittsburg, Pa.—5s, 1913.......... J&J
Lincoln Park 7s, 1895.................. lOl 102
Fund. loan(Leg.)6s,g., 1902Var
Var
7s,
1912....................
126%
126*4
Cincinnati,
O.
—
7*30s,
1902
...J&
J
Market stock, 7s, 1»92................
4s, 1915.................................. J&D
7s, 1908.................................... Var 133 133*3
Water stock, 7s, 1 9 0 1 ...'.............
6
s,
Consol.,
1904
r
e
g
..............J&J
121*4
L
>
9%
6s,
gold,
1906............
M&N
do
78,1903...................
122
Portland,Me.—6s, R R.Aid,1907M&S
4s. 1905.................................... Va’ 100*4 iOi
Florida—Consol, gold 6 s .......J & J §108
104
4s, funded, 1912...................J&J
>02*3
4s, 30-50s, sink, fund, 1931. J&.7 lu i
Georgia—4*ss,1915.................. J&J 1091® 111
Portland, Ore.—Gold 6S.1920.M&N
13 l i t
5s, 30-50s, s i k . fund, 1930. vt&N
1J&J 99 100
3 *48, 191 to 1936......
101*3
Portsmouth,
N,
H.—
6
s,
’93,RR.
J&J
lo
5
lo
4
Hamilton County *8. 1937...
Indiana^Tem’y loan 3*48,1895...
Cleveland, O - 7 s, 1894.......A A O It 4*4 104% Poughkeepsie. N. Y.—7s,water Ion»
Refunding, 3 ’-os, 1895....... ..........
Providence,
R.I.—5s,
g.,1900...
J&J
114
113*3
6s, 1900...................................M&S
State Bouse, 3*3», 1 8 9 5 ............
6s, gold, 1900, water loan..J & J
5s, 1907.......
J&D 111 112
Temporary loan.3s, 1899 . . . . . . .
4*ss, 1899.............................. J&D
99 101
Funded debt 4s, April, 1902. J&J
Temporary int loan, 3s, 1894 —
3*ss, gold, 1916..................... M&8
106
Columbus,
6
a
.—7
s....................Vat
Temporary int. loan, 3s, 1892...
Quincy
111.—6s, 1898-----......J & J
103
101
5s....................................................
Temporary int. loan. Si«, 1893.
Rahway,
N. J.—Old 7s
0
0
10b
*3
Covington.
Ky.—4s,1927,
new.J&J
School fund reiunding, 3s, 1909.
New
adjustment,
4s.
110
5s, >920...................................F&A 107
Temporary loan, 3s, 1899............
Reading,
Pa.—4s. 1 9 2 0 ....---- A&O
125*s
5123*3
8s,
1899................................-..J&J
Louisiana—Consol. 7s, 1914. ..J&J 108
uichmond,
Va.—
6
s,
1901-1910J&J 112*s
Dallas, Tex.—5s, St. Imp’m’ t, 1928. 102*3
90
Stamped 4 per cent, 1914— J&J 89
8s, 1909.......
J&J 131
5s, water, 1920............................. 102*3
100
Maine-New 3s. 1899 1929....J&D
5s, 1921 & 1922.......... ...........J&J lt 8
D*»yt -n, O.—5s, 1895—1906...___ § ........
100
Maryland—3s, gold, 1900........J&J
4s,
1920..........................................
Denver
Col.—Pub.
im.4s,1904.M&S
8-65s, 1899............. ........1....J&J
Rochester, N. S’.—7s, Water,1903.. §132*
Duluth, Miuu.—4s, 1920.......... J&J
104
Massachusetts-58, gold, 1894.. J&J
4s. 1912..................................F&A §100
1 0 9 * 4 Detroit, Mich.—7s, 1894_____ F&A
6s, gold, 1897........
M&S
St. Joseph, Mo.—6s, 1 9 0 3 ------F&A §104
6s, W. L., 1906.......... . ........... J&D
Minnesota—Adj. 4*38,1912,10-30.
98*3
Comp’mlse
4s, 1901............... F&A § 97
3*ss, 1911................................J&D
Missouri- isyl’morUniv’ty,’ 92.J&J
St. Louis, Mo.—6 s, 1899..........Var §109
Erie, Pa.—Consol. 7s, 1894__ J&J
Fund. 6s, 1894-95.................. J&J
§
102%
6
s,
gold,
1894.................................
82
86
Elizabeth, N. J.—New 4s.l922 J&J
Funding 3*2» 5-208, 1906-8 ..J&J
5s, 1900........................................... 105% 106
104*3 Evansville, ind., oomprom. 4s,19l2
New Hampshire—6s, 1894--- J & J
48,1905........... ............................... 100
129*3 Fitchburg, Mass.—6s.’05,W.L..J&J §123*4 124’
War loan, 6s, 1905...............J & J
98*4
3‘65s, 1 9 0 7 ...........
.........
öalveston, Tex.-8s,1893-1909.M&8 100 102
New York— ,s. gold, 1893___A&O
St. L. Co.—6s,1905................ A&O §117*4
5s, 1920...................................J&D 100 l o 2
No.Carolina—6s, old, 1886-’98.J&J
SiOO
8
t.
Paul,
Minn.—4s,
1912
ö
r
’nd
Rapids,
Mioh.—5s,
1904.J&J
6s N. C. RR., 1883-5........ J & J
§106
4*38,1916.......................
Water, 8s, 1895___________ J&D
6s
do
7 coupons off ...A&O
§113*«
5s. 1 9 1 5.........................
Harri-burg, Pa.—6s, 1895 .’___J&J
6s, funding act of 1866.1900. J&J 10
§114*3
6 s, 1904.........................
Water 6s, 1 «0 3 _____ _______J&J
6s, new bonds, 1892-8......... ..J&J
7s, 1 8 9 8 ...................
RRH| §115
Hartford, Conn.—6s, 1897.....J& J 109 111
2
6s, Chatham R R ................. ..A&O
San Antonio, Tex.—6s, 1909-19J&J 108
94
91
Towns, 3s, 1909 .....
7
3
6s, special tax,class 1,1898-9A&U
5s, 1 9 2 0 .............................. - ~ . 100
Hoboken, N. J.—7s, 1 8 9 2 .....A&O lo o
2
5
Trust certificates...........„
Savannah—F'd 5s, cons.1909 -Q—F 101 103
Improvement 6s, 1898........ J&D 105
99%
4s, new, cons , 1910...........J & J
Scranton,
Pa.—4s, 1893 1910.F&A
103
do
5s, 1901........M&N
68,1919 . . . . ..................... A & O 123*3 124
Sioux City, Iowa—4 *3 S, 1899
104 106
Houston, Tex.—6 s .......
North Dakota bends,f’ded4s..J&J
Spokane
Falls,
Wash.—bs---93
91*3
Compromise 5s, 1918
Fenn.—5s, new,reg.,’92-l»o2..F&A
........ Indianapolis,
Springfield, Mass.—6 s, 1905..A&O 124
Ind.~“ D” 7*3,’99. J&J 109
4 b, reg., 1912____
F & A 1*18*
78,1903,
water
lo a n ...........A&O 128*4
68.1897..................... ............. J&J 105
Rhode Isl’d—6s, 1893-4, coup.J &J 102
Springfield, O.—5s, 1907.. ....M &N
1 % 1 % Jersey City—7s, 1905........ ....V a r 117*« 119 Toledo,
South Carolina—6s,Non-fund.,1888
0
.-7
-3
0
8
,
RR., 1900.M & N i l 5
Water 6s, 1 9 0 4 ..................... J&J lo7*s
97*3
Brown consols, 6s, 1893 .. . J a J 93
8s, 1893-94............................... Var 104
105*4
Water 5s, 1916............... ....A & O
Blue consols. 4 *28, 1928.....J & J
6 s, 1899.................................... Var 107
105*3
103 *2 103 % Water assess.,5s, 1 9 1 6 . A&O
South Dakota 4Hs, 1897.......
5 8 ,1 9 1 1 ....___. . . . ..'.-......A & O 103
Hudson County 5s, 1905___M&S
62
Tennessee—bs, unlunded..........J&J
4s, 1913....................................Var. 92*3
Hudson County 7s, 1 8 9 4 ....J&D
Compromise, 3-4-5-6s:.1912.. J&J 72
Trefiton
N. J.—4s, 1 9 1 1 .......J&J
Bayonne City, 7s, lon g.. . . . . .J&J,
Settlement, 6s, 1913.___. . . . J vJ 108
Worcester, Mass.—5s, 19 0 5... A&O .114*3
Kansas City, Mo.—7s, 1898.. M&N I 100
Settlement, 5s, 1913._______ J&J 10 1 105
4s,
1
9
0
5 .............
A&O ,104*a
4s, 1910............. ....................A & O " " ''
Settlement, 3s, 1 9 1 3 ..........J &J 72*4 75
3*ss, 1905......................... ....J& D >109
Texas— •s, gold, 1904............... J &J 129% 133 Knoxville, Tenn., 5s, 1921
R
A
I
L
R
O
A
D
B
O
N
D
S.
116*3
Lawrence,Mass.—6s, 1900 ...A&O
Virginia—6s, old, 1886-’9 5 ...J & J 40
(Bonds o f companies consol’ ted are
... . Leavenworth, Kan.—4s, 1914 .J&J
35
6s, new bonds, 1866............J & J
generally under the consol’d name.)
Long Island City, N.Y—Water.7s...
6s, consols, 1905. ex-coup___J&J 40
Ala.Gt. Southern—lst,6s,1908J&J e l l 2 115
Los
Angeles,
Cal.—7s.......................
6s, consol., 2d series............... J&J
Debenture 6s, gold, 19Ö6-. .F&A el03 105
Louisville, Ky.—7s, 1903.......... Var
6s, deferred bonas..........................
98
Gen’ l mort. 5s, 1927............ J&D e 96
6s, 1897.............................. .....V a r
Do trust receip ts....................
87
85
Ala.
Midland—1st,gua. 6s, 1928...
20*408, 5s, 1920...................M&N
New 3B(RiacUebeiger), 1932. J & J
94
Ala. N. O. T. &o. 1st deb. 6s, 1907. e 92
4s, 1923........
J&J
10-40s, op.& reg., 3 to 5 ,1919 .J&J
42
2d debent. 6s, 1907 . . . . . . . . . -J&D e 40
Lowell 4s, 1903.......... .........A & O
26
Coupons............. .......... .. ............
Ala. & Vicksb. —Cons. 5s,1921.A&O 90
Lynchburg, Va.—6s, 1901-4...J&J
Vioksb.&Mer. —1st,6s, 1921.A&0 100
Lynn, Mass.-Water loan, 6s,*94.J&J
C IT Y S E C U R IT IE S .
2d, consol. 5s............. - ............ —> 72*3
5s, 1905.................................. M&N
Albany, N.Y.—6s, 1915-1919,M&N
Alb’y
& 8usq.—Cons. 7s, 1906, guar 126 131
Macon 6 a .—6s, 1909......................
4s, 1920 to 1930...................M&N
Consol,
mort.,6s,1906, guar.A&O 118*3 119*3
Manchester, N. H.—6s, 1902..J&J.
Allegheny, Pa.—&s,op., ’87-97.> ar.
Allegh. Val.—Öen. M., 7 3-10s. J&J 111*3
4s, 1911..........................................
4*38, coup., 1 9 0 0 .........
Var.
1
st
mort.,
7s, 1 9 1 0 ............. A&O 123*3
Memphis, Tenn.—Comp. 6s, 1907..
HAllegheny Co.,5s, cp., 1913.J&J
Income, 7s. end.,. 1894-----.A&O
Pax Dist., bs, 1913.................J&J
4s. Court House, 1908, reg..J&J
Allentown
Term.—
lets,4s,1919. J&J
Tax Disk, 6s, L915........ .
J&J
3*8s, refunded, 1895, reg.. ..J&J
A tch.f. * 8 . Fe—new 4s, 1989, J&J 83*4 83*3
Middletown, Conn.—3 *65,1900....
Atlanta, 6a.—Water 7s, 1904.. J&J
New
incomes,
1
9 8 9 . . . . . . . . . : ---5378 54
Minneapolis, Minn.—8s, 1892. J&D
6 b, 1895-6 ..'....................... J&J
Guar, fuud notes..................M&N
7s, 1901.........- .........................J&J
5s, 1914-15......................... J&J
102
Ati.
&
Chari.—1st
pf.
7s,
1897.
A&O
4*38, 1912-15..................................
4*38,1916.................................J&J
1st, 7s, 1907..........
. . . . 117 120
4s, 1915-17......................................
Augusta, Me.—6s, 1905, Fund .J&J
93 102
Income, 6s, 1900 ...........A & O
Milwaukee.Wis.—Water7s,’ 02.J&J
Angusta, 6 a .—6s, 1905........... J o J
100
All.
&
Florida—1st,
6
s,
1939.
M&N
98
Water 4s, 1906-7.................... J&J
Baltimore—6s, bounty, 1893.M & 8
Atlantic
City—lst,5s,g.,l919.M&N
102*3 103
Mobile, Ala.—4-5s, f ’ded, 1906. J&J
5s, water, 1894......
M&N
Allan.
&
Dan.—ls
tg
.
bs,19l7.A&
0
Montgomery, Ala.—6 s . . . . . ............
117
68,1900.......................... .....Q —J
Atlantic & Pao.—1st 4s, 1937..J&J 72*s .........
5s, n e w .....................................
6s, West. Md. RR., 1 9 0 2 .... J&J 119*3
2d W.D., gnar.,g, s.f. 6s. 1907. M&S
123* Nashville, Tenn.—6s, 1900.....J & J
5s, 1916............................. M&N
W. D. incomes, 1 9 1 0 ....... A&O 10 78 11*4
4s,
1910.................
----4s, 1920.........................................J
Cent.Div.—Inc., 6s,non-cu., 1922
99
Newark—4s,1908 . ............A & O
3*28,1928.............................J & J
12
Land gr. incomes, cum., 1901..
104*a
4*38,
i9
1
8
...
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
.
—•
•
Bangor, Me.—Water,6s, 1905. J&J
Baltimore
& Ohio —4s, 1935.. .A&O 100 - __
108
5s, 1909.................................
E. <&N. A. RR. 6s, 1894 .....J & J
114
Parkersburg
Br.,
6
s,
19
1
9...
A&O
122
6s,
1910
..............
Var
Bath, Me.—6s, 1902............ ....V a r
112
5s gold, 1925...........
F&A i l l
7s, Aqueduct, 1 9 0 5 .......... -Var 124
4 *3 8 ,1 9 0 7 ....... ....
J&J
Consol, gold5s, 1 9 8 8 ... ....F & A 114*3 ......
New Bedford,Mass.—6s,1909.A&O 129*s 130
Belfast, Me.—6s,railroad aid,’98..
1
10
109
Schuylkill
Riv.
East
Side
5s,
1935
3*38, 1910..................... ......A & O 100 101
Birmingham. *
5 *f.. 1920 A&O
Subject
to
call.
If
Coupons
on
since
1869
« In London.
§ Purchaser also nays accrued interest
* n i c e no i. in al.
Ma t 31, 1892.]
THE
QEÎÏERA.L.
Q U O T A T IO N S
83 5
C H R O N IC L E .
OB
STO C K S
AND
B O ^ D S — C o n t in u e d .
F or E x p la n ation s See Notes at H ead o f F irst Faxe o f Q u otation s!
Ra il r o a d B onds .
Bid. Ask.
R a il r o a d B o n ds .
Bid. Ask.
R a il r o a d B on ds .
Bid. Ask.
Baltimore & Ohio—(Continued)—
Chic. B. &Q.—Cons.,7s, 1903..J&J 125 125% C.C.O.&StL.—C. Div., 4s, 1939J&J 94
Sterling, 6s, 1915................. M&S el 04 106
6s. s.f., 1901...........................A&O 103
St. L. div. 1st,col. tr. 4s. ’90.M&N 90% * 9 Í "
Sterling, 6s, g., 1902..........M&S el 13 115
5s, debenture, 1913..............M&N 102% 103%
C. W.&M. Div.—lst,4p,g 1991 J&J 91% 91%
Sterling, 6s, g „ 1910........... M&N ellS 120
Iowa Div. 8. F. 5s, 1919.......A&O 105
Cinn.San.& Olev.—6s, 1900. F&A $........
Sterling, 5s, 1 9 2 7 . . . . . . . . . .. . J&D el07 109
Icrwa Div., 4s, 1 9 1 9 ............ A&O 94 "95*
J&J
Consol. 5s, 1928......
80
Sterling, 4%s, 1933.............A&O el07 109
81%
Denver Div., 4s, 1 9 2 2 ...___F&A 93%
Peo. & East. cons. 4s, 1940..........
Eqn.Tr. ser. 8,1891 to 1900 -M&N
28% 29
4s, plain bonds, 1 9 2 1 .... ...M&S 88
Income 4s, 1990...................
Neb. Ext., 4s, 1927 .........M & N
89% 89% Clev.Coi.Cin.& In.—1st 7s,’99.M&N
Mon.Riv.—1 st gu.g.5s,1919.F& 4 103
116%
Cen. /\-Cons. 1st,4%s, 1930. M&S 103
Consol, mort., 7s, 1 9 1 4 ......J & D i*32%
Plain, 7s, 1896......................J& J $106% 1"7
Ab.&Ch.Jan. lst,g.,5»,l930.M&N 103ia 107
Bonds, 5s. 1895_________ ...J& D $100% 101
Cons. S. F., 7s, 1914............... J&J
.........
Baltimore & Ohio southwestern—
Convert, deb. 5s, 1 8 0 3 ..__.M&S l ''9 7s 111
Gen. con. 6s, 1 9 3 4 ...____ ...J&J 123
Cin. & Balt. 7s, 1900............ . . . . 110
Bur. & Mo. R., I’d M., 7s,’93.A&0 $103 10* % Belief. &Ind. M., 7s, 1 8 9 9 ...J&J n o
New 4%s, guar., 1990...........J&J 106
Bnr.&Mo.(Neb.),lst,6s,1918.J&J §ID 1% 116% Cleve. & Mah.Val.—G. 5s, 1938J&J 109
69
Cte. & Pitts. —Con.s.f.,7s,1900M&N 119% 121
1st pref. income 5s..............
i
Cons, 6s, non-ex., 1918....J& J $107% 108
2d do
do
..............
28
4s, (Neb.), 1 910................... J&J § 87% ►9
Gen. gu. 4%s, g., “ A,” 1942.J&J 113 113
28ia
109
3d do
do
...............
8%
Neb. RR, 1st, 7s, 1896.......A&O $108
Colorado Mid.—1st, 6s, 1936.-J&D 110
8ia
Balt. & P o f o—1st, 6s, g., 1911A&0 el 23 123ia
Om. & 8. W., 1st, 8s, 1896.J&D $112 112 %
Consol, gold,4s.....................1940 ....... 70%
103
1st, tunnel, 6s. g., g’d, 1911. J&J el24
Ott. Osw. & Fox R., 8s, 1900. J&J $122% 123
Columbia & Gr.—1st, 6s, 1916. J&J
73
Beech Creek—1st,g’la, 4s, 1936, J&J 99% ICOifi
Atoh’n & N eb—1st, 7s, 1908 M&S $124% 125
2d mort., 6s. 1923.............. ..A&O
Repub. Val., 1st, 6a, 19 1 9...J&J $103% 104
Belvldere Del.—1st,68,0,1902 .J&D 113
Col.& O.Mid.—1st,4%s, 1939..J&J _____ 95
97
97%
Colum. Hock. V. & T .—Con. 5s,1931
101 % Chic, & East III.—1st mort. 68,1907 117%
Cone. 4s, 1927.......................F&A
Boston & Albany— <8.1895---- J&J $106 106%
122
Gen. 6s gold, 1904....... ...J& D
1st,con., 6s, gold, 1934 . . . . A& 0[
105
101% Col. &Hock. V.—lstM.,7s,’97. A&O $105 108
Boston & Lowell— 7s, 1895. ..M&S 1071« 108
Gen. con., 1st, 5s, 1937.......M&N
8s, 1896................................... J&J 107 107% Ch. &L Coal R’y, 1st 5s, 1936.. J& J 102 % 102 % Col. & Toledo—lst7 s, 1905..F&A $115
_^
Chic. & Gr. Trunk—1st, 6s., 1900.. 105 110%
5s, 1 8 9 9 .................................J&J I06ia 108
do
2d mort., 1900. M&S $100
Ohio&W.Va.,lst,s.f.,7s,li»j.OM&N $113 117
48,1905-6-7............................Var. 100% 101
Chic. Mil. & St. Paul—
85
90
M.&St.P.lst, 8s. p .D.,1898. F&A 120%
4%s, 1903............................. M&N 101 105
Col.Shaw. & H 'k.—1st 5*. 1940. J&J
Boston & Maine—7s, 1893 .....J& J 101*% 1017s
P. D., 2d M., 7 3-lOs, 1898. .F&A 125 126
Col. & Western, 1st, 6s. 1911...J&J 102 105
R.D., 1st, $, gold, 7s, 1902 ..J&J 126% 128
7s, 1894................................... J&J 104 104%
Con.&Mon.—B C.& M.— ion. 7s,’ 93 §101% 103
Improve men t4 s ,9 0 5 ....... F&A 10 L 101 % La. C., 1st M., 7s, 1893.......... J&J 122 123
Oonsol. mort., 6s, 1 8 9 3 ....A&O $100% 101
Do
4e, 937........ F&a 102 103
I. & M., 1st M., 7s, 1897........ J&J 122 %
Improvement 6s, 1 9 1 1 ..... J&J §n 3% 114
Bost. & Providence—7s, 1893.J&J 101 % 102 %
Conn. &Passump.—M .,7s,’93.A&0 $102% 102%
I’a. & Dak., 1st M., 7s, 1899.J&J 1 /4 126
4s, 1918.................... ............. J&J 103 104
Chic. & Mil., 1st M.,7s, 1903.J&J 127 128% Connecting (Phila.)—1st, 6s ..M&S 117
Bost. Revere & Lynn—6s,’ 97..J&J 108 108%
Consol.RR.of Vt., 1st, 5s, 1913.J&J 5 95% 96
Consol., 7s, 1905______ ____ J&J 129
Bradford Bord. & K.—1st, 6s, 1932
Dayton & Mich.—Con. 5s, 1911 .J&J $107 lu7%
1st M., I. & D. Ext., 7s, 1908J&J 130
Bradf.Eld.& Cuba—lst.6s,1932J&J
Davton & Union—1st, 7s, 1909J&D $120
1st M.,6s, S’thwest DÌV.1909J&J 116
Brooklyn Ele.—1st, 6s, 1924..A&O 114% 115
Dayt.& West.—lstM .,6s, 1905.J&J $123 114
1st M., 5s. La C. & Dav.l919J&J
92%
2dmortg, 5s, 1915------------ .J&J
So. Minn. 1st 6s, 1910. _ . . ..J&J 117% .1778 1st mort., 7s, 1905................ J&J §122
Union El.—1st, 6s, 1937__ M&N 113 113%
Hast. & Dak.Ex. 1st,7s, 19 IO.J&J 127% ....... IDelaware—Mort., 6s,guar.,'95. J&J
Brunsw. & W.—1st,4s, g ,1938.J&J
do
5s, 1910............J&J 105% ].05% IDel.& Bound B’k—1st, 7s,1905F&A 129%
Bait. Brad.& P.—Oen.M.7s,’96. J &J 102
1
Del.&Hud.—Coupon 7s, 1894. A&O 107%
Chic. & Pac. Div. 6s, 1910 .. .J&J 1 1 9 : .21
B »ft.N.Y.&Erie—1st. 7s, 1916.J&D 136
1st, M., Pa.Div.,7s, 1917 ...M&S 141 141%
do West Div., 5s,1921.J&J ........ 11
Bxff.Roch. & Pittsb.-Gen.5s, 1»37 l o i 102 %
Chio. & Mo. Riv. 5s, 1926....J& J 104% .0478 IDel. L. & W.—Convert. 7s, ’ 92.. J & l 102% 103%
103%
104%
Roch. & P., 1st, 6s, 1921__ F&A 120
Mineral Pt. Div., 5s, 1 9 1 0...J&J
Mort. 7s, 1907....*.............. M&> 130 135
Consol., 1st 6s, 1922..........J&D 1 1 8 %
Chic. & L. Sup. Div., 5s, 1921J&«, 104 I ....... IDen. City Cable 1st 6s, 1908..J&J 98%
107%
.......
105
B uff.« Southwest.—6s, 1908..J.&J
Den. & R. G.—1st con. 4s, 1936. J<sJ 83% 84%
Wis. &Minn. Div.,5s, 1921...J&J
Burl.C. R. & N.—lst.5s, 1906.J&D 106 106%
1st 7s,gold. 190<>.................. M&N 115%
Terminal 5s, g., 1914 ............J&J 107*«
Cons.lst &col. tr., 5s,1934.. A&O 96
97%
Impr., g., 5s, 1928..................J&D 83% s i "
Dubuque Div., 1st, 6s, 1920. J&J $116% 116%
Iowa C.& W., 1st, 7s, 1909 M&S 98
]DesM. & F.D.—Guar. 4s,1905. J&J ........ 79%
Wis. Val. Div., 1st, 6s, 1920.J&J $109*2 111
53%
C.Rap.I.F.& N.,1st,68,1920.A&O 98
1st mort., guar., 2%s, 1905 _J&J
Fargo & South.- 6s,ass.l924.J&J .........¡117
77
do
1st, 5s, 1921....A&O
85
1st M., ou Ext.,guar. 4s, 1905J&J
Ino. eouv. 8. F. 5s, 1916........ J&J
95
76
alifor. Pao.—1st M.,4%s,1912 J&J 100 105
Dak. & Gt. So. 5s, 1916.........J&J ........ 105% IDet.B. C. & Alp.. 1st,6s. 1913 J&J
LÍ7
2 Mor, 6s, g., '91 ,ext.at4%%.J&J 99
Gen. g. 4s, ser. A., 1989........ J&J 90%| . . . . . IDet.G.Haven&Mil.—Equip.6s, 1918 e ll4
3d M. (guar. C. P.), 6s, 1905.J&J 106%
Con. M., guar. 6s, 1918........A&O ei 14 L17
Chicago & Northwesterndo
3s, 1905.J&J
60
140 IDet. L. & North.—1st, 7S.1907.J&J §108 108%
Con. 7s, 1915.........................Q—F
Camden & Atl.—1st, 7s, g.,’93..J&J
Gr.Rap.L.& D., 1st,5s, 1927.M&S $ .......
Consol., gold, 7s, op., 1902..J&D 1265s 127
Cousol. 6s, 1 9 1 1 ...._______ J&J
. . JDet. Maok.& M — Ld. gr. 3%s, S. A. 40% 41
Sinking fund, 6s, 1929 .......A&O 1 :5
Camden & Burl. Co., 6s, 1897.F&A
Dub.&S.
City—lst,2 d Div.,’94. J&J 104
.09
I
do
5s, 1929____
A&O 108
100%
Can *da So.—1st 5s, guar.,1908,J&J 108%
105
____
JDulath&IronR.—1st,5s,1937 A&O
do
debent., 5s,1933.M&N
2 t mort., 5s, 1913................. M&S 101%
L05 3Duiuth S. Sh. & AtL—5s,1937,J& J 102
25-yrs. deb. 5s, 1 9 0 9 .......... M&N 1 4
110
Cape Fear & Yadkin Valley—
101%
Dunk.A.V.&P.—lst,7s,g..l900J&D
........ 1
30-yrs. deb. 5s, 1921............ A&O
1st 6b, Series A, 1916............... .
E. T. Va. &Ga.—1st,7s, 1900..J&J 111 113
99
97
Exten. bds. 4s, 1926 . ....F & A 15 98
99
1st 6s, ser. B, 1916.............J&D
Divisional, 5s, 1 9 3 0 ........ .J&J 100
Escan.&L.Sup., 1st, 6s, 1901.J&J 107
96
93
93%
1st 6s, series C......................J&D
Consol. 5s, g., 1 9 5 6 ...........M&N
Des M.&Minn’s,1st,7s,1907.F&A 125
97
Cape Girard. S. W.con.6s.l908M&S
Trust rece ip ts ..................
Iowa Mid., 1st M., 8s, 1900. A&O *125
Carolina Cent.—lst,6s,g.,1920.J&J
1st Ext., gold, 5s, 1937— ...J& D . .... 74%
Peninsula, 1st, eonv.,7s,’98.M&S 125
Oatawissa—Mort., 7s, 1900....F&A 117
Equip. & imp., g., 5s, 1938..M&S ........
Chic. & Mil., 1st M., 7s, ’9 8 ..J&J 115%
Cedar F. &Min.—1st, 7s, 1907. J&J 88 % 90
Cincinnati Ext. —5s., g,1940F&A
Winona&St.Pet.—2d7s,1907M&N
Cent, of Ga.—1st, cons., 7s,’93.J&J 101 103
Mobile & Birm., 1st, 5s,1937.J&J . . . . . . 89%
1st extension, 7 g., 1916. J&D 5 ........
93
93%
Collat’l trust 5s, 1937......... M&N 80
Kuoxv. & Ohio, 1st, 6s, 1925. J&J
Mil. & Mad., 1st, 6s, 1905....M&S 112
Chat. R. &Col.—5s, g., 1937.M&3
Ala. Cent., 1st, 6s, 1918— ...J&J 100
Ott. C. F. & St. P., os, 1909..M&S 106
Sav.& West.. 1st, guar.,1929 M&S 74
105
East.&W.
Ala.
—1st,
6s,
reo’ts.1926
North. Ills., 1st, 5s, 1 9 1 0....M&S
75%
Central of New Jersey—
Eastern, Mass.—6s, g.,1906. .M&S3 123% 123%
Madison Ext., 1st, 7s, 1911.A&0 130
1st cons. 7s, ’ 99..................... Q-J 116%
Easton & Am boy—M.,5s,1920M&N\ 108 110
Menominee Ext.,1st,7s,1911J&D 132
Convert, mort. 7s, 1902. ...M&N 120
Elizab.Lex.& Big S.—6s, 1902.M&Si 95
Northwest.Un., lst,7s, 1917. M&S 133
Convert, debent. 6s, 1908..M&N
Elmira&W’mspt—1st 6s,1910.J&J 120
Chic. & Tomah.—1st,6s,’0 5 .M&N e l l o 120
) ........
Gen. mort., 5s, 1987.-............J&J i í í % 112%
5s, 2 8 6 2 ...,.....................
Cedar R. & Mo.—1st, 7s, ’94.F&A $ i04 105
$108 111%
Len.& Wil.—•¡on. 7s,g.,1900,ass.Q 112% 113%
1st mort., 7s, 1916........M & N $135 135% irie & Pitts.—Con. M., 7s, 9ft
) ......
Mortgage 5s, 1912............M&N 97 100
Equipment. 7s, 1900.. . . . . ;
2d mort., 7s, 1909, guar... J&D
L
........ 100
Am. Dk.& Imp. Co., 5s,1921.J&J K'8%
S. C.& Pac., 1st, 6s, 1898..J&J 5i í ó
1 ........
Central Pao.—1st, 6s, g, 1895. J&J 107
Frem. Elk.& Mo.V.—6s,1933A&0 $123 123%
j
____
1st, 6s, gold, 1896.........
J&J 108%
1st, con., guar., 19 2b..
do
do
Unstamped.. $121% 121*8
) 124
1st, 6s, gold, 1 8 9 7 .................J&J 110 110%
9a% 100
5vans.& T .H .,lst con.,6s,
)
114
1st, 6s, gold, 1898...................J&J 111% 112%
Mt. V ernon—1st, 6s, g.,
98 100
} ........ .........
8 .Joaquin, 1st M.,6s, g.1900. A&O 109
Chio.R.l.& Pac.—6s,1917,coup J <«J 126 12 6 %
d 100 101
Oal.&Or.—SeriesA,5 g., 1918. J&J 1103 %
111%
tin
Chicago & Southwestern...
0 $105
Series B., 6s, &, ’9 2 ...............J&j e __ _
103% 104
J $U/5
Mort., gold, 5s, 1 9 3 9 ..........A&O
95
96%
98
\ $104 106
Land g. os, g., 1900..............A&O 101 %
* $10e% 109
West, i'acif., 1st, 6s, g., ’9 9 ..J&J 110%
106 110
J $108% >09
Central of So. Car. 1st 6s,1921.J&J
$101
3 $105% 106
Charles.Cin.& C.lstg.5s,1947.Q—J
$U7
S $102 103
O^arl’te Col.&A.—Cons.,7s,’95. J&J 103 104
$112
do
) 9o% 98
2d mort., 7S, 19 1 0 ................ A&O
§116
114
Ì. 100 104
Consol., gold, 6s, 1 9 3 3 ........ J&J
1100
100
Flint & P. Marq.—M. 6s,1920. A&O 121
Chartiers—1st,7s, 1 9 0 1.......A & O
75
1st, g, 5s, 1936............. ......J & J e 70
99% 100 %
1st, con., gola, 5s. 1939.....M &N
Ciies.&Ohlo.—Pur.money fd.,6s ’98 112% 113
78
e 75
Series A, 6s, 1 9 0 8 ........... A&O l i6% 118%
Port Huron Div. 5s, 1939............ 101% 1 0 2 %
123%
lc
2
Fla. C. & Pen.—ist, g., 5s,1918.J&J
Mortgage 6s, 1911.............A & O 116 118
121%
Ft. Worth & Denv. C.—1st, 6s, 1921 104
O.&O. R y .ls tö s, 1939.......M&N 104 104%
123*8 125
70
73
«General 4%s. g „ 1 9 9 2 ......... M&S
____
Ft.W.& Rio G .lst 5s. g., 1928 J&J
83
83%
103
Gal.Har.&SanAnt.—1st,6s,g. 1910.
116
1st ConsoL R. & A.2-4.1989.J&J
78% 78%
General mort., 6s, 1 9 3 2 ---- Q 100
do
do
4s, 1989... J&J
2d mort.. 7s, 1905
---- -J *D
82
$ 98% 98%
Chi. &W. Mich.—Gen.5s, 1921.J¿
95
West. Div. 1st, 5s, J-gSl. -.-M&N
2d do
do
4s, 19 8 9...J&J
73%
Cin. Georg. & Ports.—6s, 1901A< > $ ....... 95
Gai.Hous.& Hen.—lst,5s,1913A&0 73%
Craig Val. 1st 5s, g., 1940....J&J
$105% 106
Cin. Ham. & Day.—Consol. 5sA4
109
110
Uhes. O. & S.W.—M.bs, 1911..F&A 106 106%
Georgia—6s,
1910.-----i 122
2d mort., 6s, 1911................. f &a
$114% 115% Georgia Pacific—1st, 6s, 1922. J&J 99 100
72
53
53%
Cheshire—6s, 1896-98............. J&J 107 108
Con.
2d
mort.,
5s,
g.,
1923..
A&O
r
96% 97
2d mort., gold, 4%s. 1937.
12%
4s, 1910.................................. j &j
Con. income, 5s, g., 1923 . . . A&O 11
[ §117 118
Cin. H. & 1., 1st M., 7s, 190c
104
104%
Ga.CaroL&No.—1st,5s,g.,1929.
J&J
Chic. & Alton.—1st M.,7s, ’ 93. J&J 104
»5
C.I.St. L.&C.—1st g. 4s, 1936,
73%
74%
Sterling mort., 6s, g., 1 903..J&J «118 120
Ga.
So.
&
F
la
.1st
6s,
g,
1927
.J&J
Con. 6s. 1920..................... ...
Sinking fund, 6s, g., 1903...M&N 116%
Gr. Rap. & I n d .-ls t , i.g., g’d, 7 s g. $114
4 $ ........
Louis’a& Mo.R.,lst,7s,1900F&A li6 %
lstM .,7s,l.g., gold,not guar.A&u § HO
.....
6
82
do
2d, 7s, 1900 M&N 112
General 5s, 1 9 2 4................. M&8| . . . .
1 $100 i o i
98
St.L.Jaoks’v.& C., 1st,7s,’94. A&O
Muskegon Div. 5s, 1926...J& J.. 4 96
106%
J
$106
107%
102 105
do 1st guar.(564),7s,’94A&0
Ex. 1st., g , 4%S, 1941
J $116
do 2dM. (360), 7s, ’9 8 ..J&J
100
. . . Gr. Bay Win. & st.P.—1st, 6s, 1911
j ‘no
30
do 2d guar. (188) 7s,’98. J&J
> 110
2d, incomes, 1911, all sub. p d ....
Miae.Riv.Bridge, 1st.,s.f.,6s,1912 104
117%
j 118 ........ Gan.&St. Jo.—Con. 6s, 191L..M&8 116
Clear!. & Jett;—1st, (
hie. Burl &Nor.—5s, 1926..A&O 104%
Harrisb’ g P .,& o.,lst., 4s,1913. J&J 104
HeV. Akron & Col.—
2d 6s, 1 9 1 8 ....,...........
J&D >103% 103%
$
98
¡Hart. & Conn.West.—5s,1903.J&J
8 f 96%
Debent. 6», 1896 ..................J&D >102 % 103
4 93
96 [ do usatonic—Cons. 5s, 1937.. M&N 10 1 %
Equip r.
Equipment 7s, 1893..............F&a 105
rllt’ rtf., K.AW. Tar —1«r..7H.’ 98. ¡VlhE>'
i
J 91
|* Price nominal. $ Purchaser also pays accrued interest, e in London.
||Coupon ott.
t In A m sterdam .
I In Frannfort.
THE
636
C H R O N IC L E .
[V o l ,
LTV,'
(i’SISrBRA.L QUOTATIONS
OB STOOKS AND BOMD3— O o n t in u k d
Por E xplan ation s See Votes at H ead o f Ptrst Paare o f Q u otation s.
R a il r o a d B ondb .
Bid.
Ask
R a il r o a d B onds .
Bid.
Ask.
R a il r o a d B onds .
Bid.
Ask.
L.N.O.&T.—’2dm.,inc.,5s,1934M&8
Houston & Texas Cent.—
N.Y. Lake Erie & West.—(Cont’d.)
Louis.St.L.&T.—1st 6s,g.l917.F&A "93" ” 94 "
Waoo&N. W .,lst, 7s,g.,1901. J&J 124
4th M., extended, 5s, 1920..A&O 112 115
69
70
ls tg . 5s, 1937.....................
5th M.( extended, 4s, 1928.J&D 103% 104
106 106% Louisville Southern 5s........... J&J
Macon & Nor.—1st 41*8,1990. M&S 66%
2d g. 6s, 1912...................... .A&O 103 106
1st eons. M., 7s, g.,1920....... M&8 137%
92%
Manhat. El., - onsol 4s, 1990.A&O 85
Debenture 6s, 189 7............
88
1st eons, fund coup.,7s,1920 M&S
......
Gen. g 4s, 1921.................. .A&O
Bond, scrip, 4s e x t ............. A&O
62
Reorganizat’n 1st lien, 6s, 1908
M^trop’n El.—1st, 6s, 1908.-J&J 118%
Debenture 4 p. 1R97______ A&O 70%
Long Dock mort., 7s, 1893..J&D 106%
2d 6s, 1889......................... M&N 106 ___
Long Dock con. g., 6s, 1935 A&O 120
Hunt.&Br. Top—1st, 4s. 1920.A&O 99%
113%
N. Y.Elevated.—1st, 7s, 1906. J&J
New 2d oons.6 s, 1 9 6 9 .......... J&D 1« 9 109%:
Cons, 3d M. 5s, 1895.......... .A&O 103 ......
115
Maine
Cent.—Mort.
7s,
1898...J&J
105
Collateral Tr. 6 s. 1922........ M&N 112
Hin ois Cen.— lpt,fi:olcL4s,1951.J&J
112
94
Exten. bonds, 6s, g., 1900...A&O
Gold, 3%s, 1951.................. ..J&J
Funded counon 5s, 19 6 9....J&D
94%
1371*
Cons. 7s, 1 9 1 2 . . . . . . . . . .. . . ..A&O
Gold income bonds, 6s, 1977
Col. tr., gold, 4s, 1952....... .A&O 10)
81
107
Cons. 41*8,1912.................... A&O
Springfield Div., 6s, 1898- .J&J 107
Chic. & Erie lPt 4-5s g. 1982.M&N
102
106
.... Leeds & Farm’gt’n, 6s, 1896.J&J
Income 5s, 1982..................
Middle Div. reg. 5s, 1921... F&A li 2
49% 497®.
104%
Portl. & K.,Cons. M., 6s, '95.A&0
Sterling, S. F., 5s, g., 1903. .A&O «105 107
Coal&RR 1st, gu.,6s,1922. M&N
103
Debenture, 6s, 10-20s. 1905.F&A
N.Y. &L. Br’eh— isr, 5s, 1931.J&D
Sterling, gen. M., 6s, g., 1895. A&O «105 107
Marie.& Phcenix-lst 6s,1919.M&N
109
1001« N. Y. N. H. & H .lstr. 4s,1903.J&l
Sterling, 5s. 1905................. J&D «110 112
85
Mar’ta&N.Ga. —lst,6s,g.,l911.J&J
Chic.Bt.&N.O.—r.l’n,7s,’97.M&N 110
106%
N.Y.&North’n 1st g.5s,1927.A&O
110 114
35
>2
Consol., 6 g , 1937..................J&J
1st c o d . 7s, 1897...............
63
2d gold is, 1 9 2 7 .........................
1 0 0 % N.Y.Ont.A W .-- 1 st. g., 6s, 1914M&
Marq’tteH o.A O.—Mar.&0.,8s, ’92
112 112 %
2d, 6s, 1907....................... .J&D .....
102
58,1951, gold.................... J&I) 117 117%
6s, 1908.......................
M&S
Consol. 5s, g., 1939..............J&D 107%
105
3s, 1923 (extension)..............J&D
Mem. Div.. 1st. 4s, g., 1951 J&D 97% 98%
N. Y. * N. Eng.—1st, 7s, 1905.J&J 118% 118%
90
Ind. D. & W.—Gold, 58,1947.. A&O
8s, 1925 (Marq & West.). A&O
1st M., 6s, 1905......................J&J 109% 110
2d in ino. 5 s, 1948 ............. .J&J
29%
2d m.,6s, 1902.......................F&A §101% It 2
118
Ind, D ec.*8p.—1st,78,1906.A&O Ì2Ì% 122
N. Y. Pa. & O.—Prior lien, 6s, 1895 el04 108
114 115%
1 ¡d’polie& 8t.L.—1st,7s, 1919.Var, §116
do
1st 7s. 1905............. « 34% 35%
116
4
nd’apolis* Vin.—1st,7s,1908.F&A 116
5
2d mort, inc., 5s, 1910................
99
2d mort.. 6s, g., guar.,1900.M&N 103
3d mort, inc., 5s, 1915................
130
97
2d 6s, 1899........ .
fat. & Gt.Noyth.—ist.6s,1919.M&N
99
Equip. Trust., 5s,1908.........M&N
69% ”69% N.Y. Phil. & Nor.—1st, 1923 ..J&J 110%
19
Do
coupon off
r$ 34% 34%
75
2d coup. 6s, 1909, Trust rec.M&S
Income 6s, 1933.................... A&O
38
Iowa n* nt.— 1st g., 5s, 1988. J&D
2d con. inc. 3s, 1939.............July § 17% 19
9314
N. Y., Prov. & Boston 7s, 1899. J&J
130
...... N.Y.S.&W.-lst refnd.,5s,1937.J&. 104% I 0 5 "
l a Falls & 8. C —1st,7s,191?. A&O
99
103
Mexican Nat.—1st, 6s, 1927.
Jack.T. & Key W..1 st 6 g.,1917. J&J
2d mort., 4%s, 1937.............F&A: ........ 83%
6 39
105
41
2d M.,Ser. A, inc.,6s,1917..
Jefferson—lst5 s,g. Erie,1 909.A&O
87%
F&A
Gen. m. 5s. g, 1940.........
10
1161*
Ve 8
Jeff. Mad.&Ind.—1st,7s,1906.A&O
Midl’d of N. J.—1st,68.1910. A&' 117
121% 121% Norf.&Soutb.— ’ st g., 5s,194l.M&N 93% 99%
2d mort., 7s. 1910.................. J&J
106 109
Kanaw. & Mich., 1st4 g., 1990.J&J
"Vf"
Newo’g Dutch.& Conn.— Incs.1977
1101 *
Kansas C. Belt, 1st, 6s, 1916. J&J
Norf. & West.—Gen., 6s, 1931.M&N 121
........
110
90
Kan. C.Clinton & Spr.—1st,5s, 1925
New River 1st 6s, 1932....... A&C 116%
100 102 b
110
Pleas. Hill & DeSoto, 1st. 7s, 1907
Impr. & Exten., 6s. 1934___F&A 8115 117
§107
107%
J.
L.
&
Sag.K.O.F.8o.&Mern.-lst,6s,1928.M&N
Adjustment 7s, 1924........ Q.—M. si 12 114
98
K.C.&M.Rv & Br.lst.5 g,J929.A&O § 97
Equipment, 5s, 1 9 o8 ...........J VI)
........
§
89
90
Current River, 1st, 5s, 1927.A&O
Clinch V. D., 1st 5s, 1957....M&S 94^1 95
95 ib o
K.C.Ft.Scott* G.—1st,7s,1908 J&D 111% 112%
M; ryl. & Washington Div. isttr.
80
93
95
85
Kan.C. M .&B. 1st, 5s, 1927.M&8 § 67%
58,1941.........
J&J
2d 5s, guar. N. Y. S. & W., 1896.
125
■
Bir.,equip., 6 g., gu., 1903. . M&S 100 102
lil.Lake Sb.& W.—6s, 1921..
Debenture 63, 1905.............. M&S ....... . 1. _
.....
104
§
!
23
K.
C.8t.Jos.& C.B,—M.7s,1907 J&J123%
Conv. deb. 5s, 1907............
Norf’ k&Petersb.,2d,8s, ’93.J&J
107% 108
Nodaway Val., 1st,7s. 1920 J&D §109% 109%
So. Side, Va., ext. 5-6s.......... 1900 100
122%
85
Kan. C.Wy.&N.W.-lst5s. 1938. J&J e 75
do
2dM .,ext. 5-6s ...1900 100
120S
Ken. Cent. Ry.—Gold 4s, 1987.J&J 84% 85b
do
3d M.. 6s, ’96-1900.J&J 100 105
Kentucky Un 1st M., 5s. 1928.J&J i 38
110
Va,& Tenn., 4tb M .,8s, 1900.J&J 121
104
do,
extended 5s,1900. J&J 1' 0
Keohuh &Des M.—lst.5s, 19 23. A&O
St. P.E. &Gr. Tr’k, 1st, guar., 6s. Ì06 110
94
Kings Co. EL- Sr A .,fs, 1925..J&J 93 100
96
100-year. mort. 5s, 1 9 9 0 .......J&J
Mil. & N o —1st, 6 8 , 1 9 1 0 . . . ----- 115%
115%
2d mort f s. 19S8........ ........ A&O
North. Pao. Coast 1st 6s ........ M&N 103
120 125
Fulton El. 1st M. 5s, 1929. M&S
86"
North Penn.—1st,7s, 1896___M&N 110
117
Kings. & Pemb.—1st, 6s,1912 J&J
Gen. mort., 7s, 1903 ..............J&J 129 130
73
Lake E.& W est—1st,g.,5e,1937J&J i i i %
2d mort., 7s, 1891...
Debenture 6s, 1905....... ....... M&S 129
2d g., 5s, 19t l ..................... j &j 101 1:1%
110 115
Northeast.,S.C.—1st M.,8s,’99,M&S 115
Lane Shore & Mich. So.—
100
2d mort.. 8s, 1899................. M&S 114
75
Cl. B. &Ash.,new 7s, 1892..A&O 101%
Consol, gold. 6s, 1933........... J&J 105 107
Bnff.& E., new Ms,M.,7s,’98. A&O 114% 117
e 90 100
Northern, Cal.—1st, 6s, 1907..J&J HO
100
Det.Mon.&Tol.,lst,7s,1906.F&A
Consol. 5s, 1938.....................A&O
Dividend bonds, 7s, 1899...A&O 115% 119
96
--»
Northern Cent.—4%s, 1925..A&O 106
Consol. 4s, 1 9 3 8 ................... J&J e 94
82% 83
Lake Shore,cons., ep., 1st,7s. J&J 122
2d mort., 6s,1900............... ..A&O 112% 114
Mo.Kan.&T.—1st, g., 4s,1990
do cons., cp., 2d,7s,1803..J&D 125 126
2d, g. 4s, 1990 ......................F&A 50% 50%
Con.m ort., 6s, g.,ooup., 1900.J&J 114%
Mahon. Coal RR.lst,5s,1934.J&J 108
11a
-T77
Mort, bds., 5s, 1926, series A J&J
Kans. C. & Pao. 1st is. g F&A 75
110
86
Kal.A.&Gr.R.—1st 5s, 193s.J&J 108
Dal. &Waeo lst,gu.,5s,1940.M&N
do
series B .................. .
Lehigh VaL—1st, 6s, 1898__ J&D 115 116
Mo. Pao.—Consol. 6s, 1920...M&N 106
Cons. M. 6 s., 1904...................J&J 115
Con. M.,sterling, 6 g., 1897... J&D 106 : 08
3d mortgage, 7s, 1906........ M&N 112%
Con. mort, stg. 6 s, g., 1904... J&J 5103 1 1 0
__ r_
2d mort., 7s, 1910................ M&S 135
Trust gold, Es, 1917............
Union RR.—1st, 6s, end. Cant.,’95 102
Con. M., 6s, g., 1923 reg...... J&D 130% 131
82% 83
Northern Pae.—Gen., 6s, 1921.J&J 118
Leh.V.Ry,1st 413 s. g., 1940,rec.gu. 103%
Gen. land gr.,2d, 6a, 1933...A&O 113%
Leh.V. Ter.—1st.g.gu.f s.l 941. A&O 109% Ì09%
99 100
Pac.of Mo,,lstex.g.4s,1938.F&A
Gen. land gr., 3d, 6s. 1937...J&D 109% i l i
Latchf. Car & West, lstg. 6s,’ 16J&J
77% 77%.
107 103
96
L. G. eon., g. 5s, 1989 ........J&D
§1
12
Î
99
L. Miami—Renewal 5s,1912..M&N
Dividend scrip ext. 6s, 1907.J&J 103
L. Rook & Ft.S.—let, 7s, 1905..J&J § 95% 96
PenD ’Oreille Div., 6s, 1919..M&S 101%
Little R.& Mem.—lst,5s,1937.M&8 72
73
Mo. Div. 6 s, 19 1 9 ................. M&N 102%
Long Island—1st M., 7s, 1898.M&N 115 115%
100
St. L.l’ uMt.&So.—1st,7s, ’92. F&A 102% 103
James Riv.Val.—lst,g.,6s,’36J&J
1st consol. 5s, 1931.............. Q—J 1lo ®8
97
2d mort., 7s, g., 1897...........M&N 107% 103
Spokane & Pal.,1st 6s,1936.M&N
Gen. M. 4s, 1938.................... J&D 97
107%
97%
Helena* Red M t.lst. 63, 1937M&S
102 .
N.Y.&R’yB’ch, Istg.5s,1927.M&8
108 109%
Dul. & Man., 1st, 6s, 1 9 3 6 ...J&J
2d mort. inc., 1927.............. ...S
17 “ 2 7 '
97
84% 85
Dak. Ext., 1st, s.f. 6s, 1937.J&D
N. i.& Man. Beach, lst7 s,’ 97,J&J 100
97
117 120
Mobile & 0.
No.Pao.* Mon., 1st,6s, L93S.M&S
N. Y. B. & M. B., 1st con. 5s, 1935
103
Coeur d’AL,1st,g-, 6s, 1916.M&8
Brook. & Mon., 1st 6s, 1911.M&S 117
do Gen. 1st g., 6s, 1938...A&O ........ 104
Gen mort., 4s, 1938______ M&8 64% 65
1 st5s, 1911........................ M&B 106%
Cent.Wash’n, 1st g.6s.l938. M&S
2d, 5s, 1938......................... J&D 105
76%
95 102%
Ch. &No. Pae. oou. 5 g. 1940.A&O 76
10 » %
Smith.& Pt.Jeff.,lst.7s,1901M&8
109%
North. P. Ter. Co. —1st, 6s. ’33.J &J
_„
L. I. City & Flu. 1st 6s,1911.M&N
123 125% N. W. Gr. Trunk 1st, 6e, 1910 .J&J 107
90
Lou’ v.E v.* St.L—1st,6s, 1926. A&O
140 140% N. W. Nor. Car. 1st 6s, 1 9 3 »..A&O
109
E. R. & E. Div., 1st, 6s,1821 .J&J
Norw’h &Wor.—lstM .,6s.’97..M&S 510 -,% n o
107
Conv. bonds, 7s, 1 9 0 0 ..........J&J 114
2d mort., 2-6s, g., 1936... _____
121 121% Ogd.&L.Cham.-Cons.6s,1920. A&O 106% i06%
95
21
25*
H. T. C. & C. 1si 6s,g., 1927. A&O
140 141
Incom e, 6s, 1920.......... ............
100
Consol. 5s, 1939..........
J&J
Ohio I. & W —1st pfd.5s, 1938.. Q-J
911* N ashua* Lowell—6s, g . , ’93.F&A §10;% 102
Louisv.&Nashv.—Cons.lst,7s,189S
§104 106
Ind. B1.& W.—1st, pf.,7s, 1900. 115 116
1131*
Ctcilian Br., 7s, 1907........... M&S
O. & Miss.—Cons., s.f., 7s,1898. J&J 113% il4 %
110
Nash.Chat.&8.L.—1st,7s,1913. J&J 129%
ai . O. & Mobile. 1st 6s, 1930.J&J
114
Cons, mort., 7s, 1898.......... J&J 113 114
2d mort., 6s, 1 9 0 1 .................J&J
do
2d, 6s, 1930....J&J
2d consol, mort., 7s, 1911...A&O 116
Consolidated gold 5s, 1928.. A&O 105 106
E. H. & N., 1st 6s, 1919.......J&D
1st,Spring!. Div., 7s, 1905. M&N 113%
New Haven & uerby—Con.5s,1918
Sea 1 mort., 6s, 1 9 3 0 ........... J&D
1st gen., 5s, 1932.......
J&D 97 100
New Haven &N., 1st 7s,1899..J&J 116
bou’v.C.&Lex.—1st,7s,’97 ..J&J
Ohio River RR.—1st, 5s, 1936. J&D 10J 10 2 %
108
Consol. 6s, 1909....................A&O 120% 122
2d mort., 7s, 1 9 0 7 ,..........A&O
123
Gen. gold, 5s, 1937................A&O
101
N. J. Junction, 1st, 4s, 1986..F&A
lli% .
Mem.& 0.,stl., M.,7s, g.,1901J&D
121
Ohio Southern—1st 6s, 1921... J&D 1 1 1
N. J. & N.Y.—1st, 6s, 1910...M&N 100
63%
Gen. M. as, 1 9 2 1 .................M&N
M.&Clarksv.,st’g,6s,g.,1902 F&A
110
107
N. J.Sou.—1st, 6s,1899 int.gu.J&J
_
85
Pensacola Div., 1st,6s, 1920..M&S
108
Ohio
V
alley—
Gen.
M.,5
g.,
193
8
.
J
&
J
N. O. & Northeast.—Prior l.bs. 1915
St. Louis Div.. 1st, 6si 1921..M&S
N.Y.& Can.—£ M., 6s, g., 1904.M&N el 12 114 Old Colony—6s, 1897............... F&a ¡109 109%.
¡lu5%
106
101
s
101%
-o
2d., 3s„ 1980.M&S
6s, 1 8 9 5 ....................
J&D
N.Y.C.& Hud.Riv.—Ext’d c e . M&N
Stash. & Dec., 1st 7s, 1 9 0 0 ...J&j
116
78, 1 8 9 4 ................................M&S ¡105% 106
1st coup. 7s, 1903.........
J&J 1*7 127%
So.&No. Ala., S. F. 6s, 1903M&N
110
41*8, 1904______
A&O >lo6 106%
Debenture 5s, Ls84 1904...M&S 108% 109
ten-forty 6s. 19.24___
.M&N
4%s, 1897............................... J&D sl03 103%
do
5s, 1889-1904...M&S 108
5G-,year gold, 5s, 1937......M & N
.J&i ¡ 1 0 1 % lo2 %
4s, 1938............
do
4s, 1890-1905 ...J& D 102
Unified 4s, g., 1940............... J&J 81
B. C. F. & N. B., 5s, 1910 ..J&J ¡113s. 114
81%
S.piling mort., 6s, g., 19Q3...J&J «119 121
i ensa. & All.—lst,es,gu,’21.F&A 101 106
N. Bedford RR., 7s, 1894 ..J&J ¡104% 105
N. t .<-hie.& St.L.—1st,4s, 1937.A&O 97% 97%
Col. tr., gold, 5s, I 9 s l ___M&N 101
Omaha & St. L.—1st, 4s, 1957..J&J
N. t . & Greenw’d L.—1st M. inc. 6s 25 1
6. & N. Al. s. f.-Ss, 1910___A&O 1(0
6
Orange Belt—1stM., 5s, 1907..J&J
2 mortgage income, 6s...............
Consol. 5s, 1936............. F&A 93
N. l &Hariem—7s,coup.,1900.M&N 120 i.20% Greg. & Cal.—1st 5s, 1927........ J&J
Nash.F.&S.lstgd. g.5s,l937.F&A 100% Ï02
Oreg, R’y & Nav.—1st os, 1909. J&J io"j% iil%.
N. i Lack.& W.—1st, 6s, 1921. J&J 129
L’sv.N.A.&Chic.—1st,ts ,1910. .J&J i l l
112
Consol, mort. 5s, 1925 ........ J&D ...... 94
-»s d, 5s, guar., 1 9 2 3 ...........F&A UO
Con. mort. 6s, 1 9 1 6 ............A & O _, 102% N Y. Lake Erie & Western—
75
85
Collateral trust s, 1919__ M&S
General m. g. 5s, 1940........M&N
70
7* % 1st M., ext. 7s, 1897....... ...M&N 113 114
Osw.&Rome—IstM ., 7s, 1915.M&N 129
loO
Ind’ap. Div.,6s gold, 1911..F&A 110 j 15
Ox.&Clark.—1st, p.& i. gu. 6s.M&N
2d mort, extended,5s, 1919.M&S 116
1 U0
O’isv.N.Q.&Tcx.—lst,4s,19S4M&8 85
1 st interest guar., 6s 1937..M&N
3d M. extended, 4 % s,1923..M&S 107%
* Price nominal. § Purchaser also pays accrued interest, e In London. ||Coupon off. t In Amsterdam, i In Frankfort,. Germany, ,h2
1
M a y 21, 1892. J
THE
C H R O N IC L E .
GMfiNJSKAL. QUOTATION’S OF STOCKS AND
R a il r o a d B onds .
Bid. Ask.
R a il r o a d B onds
Bid.
837
BONDS— C o n t in u e d .
Ask.
Panama—Sterl’g M., 7a. g. ’97. A&O e lf 3 105
It P.& Duluth—1st, 5s, 1931.F&A 110
Subsidy bonds, 6s, 1910....M AN e 99 1 2
2d mort.. 5s, 1917................. A&O
Penn.RR.—Gen.M, 6s, e,1910.J&J 130
112
St P.Minn.&Man.—1st 7s,1909 J&J
Cons. M., 6s,cp.,’ 05.J. 15 & D. 15 124
2d 6s, 1909.............................A&O 1171* 118
Collateral trust, 4 % s,1913.. J&D 111
Dak. Ext.. 6s. 1 9 1 0 ..............M&N 116%
Consol. 5s, op., 1919............ MAS 113% 118
1st consol. 6s, 19 3 3 ..............J&J 122 123
Equip. Tr. 4s, series A .........Q—F
1st consol., reduced to 4%s ..J&J 101 101 %
Penn. Co., 6s, coup., 1907..Q.—J 105% 106%
Montana Ext., 1st, 48, 1937.J&D 83%! 89
Penn. Co. 1st M.,4%s, 1921,r.J&J 107<>8 107%
Pac. Ext., 1st 4s, £, 1940....J& J
Penn. A N.Y.Can.—1st. 7s, '96. J&D 111
Mian’s U’n, 1st, 6s, 19 2 2___J&J 116
1st mort., 7s, 1906:............... J&D 127
Montana Cent.—1st, 6s, 1937J&J 116 116%
& RR. consol. 4s. 1939.......... A&O
100
1st, guar., g , 5s, 1937....... J&J 104 105
Penn. & N. W.—5s, 1930..........J&J 107
East’n,Minn.,1st,g.,5s,1903. A&O 102
Pa. P. & Rost.—1st, 6s, 1939.. J&J
St.P.&No.Pae.—Gen.6s.l923.F&A 120 126
Peo. Deo. & Ev.—1st, 6s, 1920. J&J iÖ6% Í07% *an Ant.& A. Pass.,1st,6s,1916. J&J 65
70
2d mortgage, 5s, 1926..........M&N
1st, 6s, 1926.................
J&J 67
Evansville D iv.,lst 6S.1920.M&H 103 104
SanF.& N.P.—1st,5s,g.,1919...J&J
Peo.& Pekin U r. -1st,6s,1921.0—F 111
SanduskyMansf.&N.—1st, 7s,1909 117 120
65
2d mort.. 4%s, 1921............ M&N
76
Sav.Am. &M<m.con.,6,g.,1919.J&J 75
Perkiomen—1st ser. 5s, 1918 Q - J Í06
3av. FI. & W.—1st, 6s, 1934..A&O 110 110 %
2d series 5s, 1918............... Q.—J
At. & Gulf, con. 7s, 1897 ....J& J 110
.......
Petersburg -Class A , 5s, 1926.J&J 105
So. Ga. & Fla.—1st, 7s,1899.M&N 108
Class B, 6s, 1926.................. A&O 107
2d, 7s,1899........................M&N 105
Pbila.&E.-Qen.guar.,6s,g.,’ 20.J&J 128% ......... Sciot. V.&N. E.-1st,g.,4s,1989. M&N 81% 82
General 5s, 1920...................A&O 112%
Seaboard & Roan.—6s, 1916..F&A
106
General 4s, 1 9 2 0 ................. A&O 10J%
5s, coup., 1926................. . J&J
105
Sunb. &Erie—1st, 7s, 1897.. A&O 113
3eat.L.8.& E.—lst,gold,6s,’31.F&A 92
Phil. &Reading—1st, 6s, 1910. J&J 127 130
3ham. Sun.& Lew.—1st, 5s,’ 12 M&N 102 %
2d, 78,1893.............................A&O 104 ........ 3ham.V.& Potts.—7s, cou. 1901 J&J 117
Consol.M.,7s,1911, reg.& op. J&D 131%
20
8o. Cen. (N.Y.)—Consol, mort., 5s..
30
Consol, mort., 6s, 1911........ J&D 120
So. Carolina—1st M., 6s,1920. .A&O 106
Improvement mort.,6s, ’ 97. A&O lo5%
2d mort., 6s, 1931.................. J&J
Cons. 5s, 1st series,192 2....M&N 103
Income 6s. 1931............................
12 % Ï 6 '
19% £0
Deferred income 6s_______ _____
Certs. of deposit........................
16
88% 89
New gen. mort., 4s, 1958___J&J
So. Pac.,Ariz.—1st,6s,1909-10. J&J 104
76% 77% So Pao.Cal.-lst,6s,g.,1905-12 A&O 113
1st pref. ino., 5s, gold, 1958___F
68% 68%
2d pref. ino., 5s, gold, 1958....F
1st con. g, 5s, 1938............... A&O 100
60% 61
3d pref. ino., 5s, gold, 1958....F
So. Pac. Branch—6s, 1937___A&O 106
3d pref., ino., 5s, convertible...F 63%
So. Pac. Coast—1st gu., g., 4s, 1937
Term. 5s, gold, guar., 1941.Q.—F
■Jo. Pac.. N. M.—1st, 6s, 1911 .J&J 105
Phi la. Wil. & B alt—6s, 1892.. A&O ÏOO 100% Spok.FalLs &N.—1st 6s,g.,1939. J&J
100
6s, 1900..................................A&O 168% 169% State L. & Sul.—1st 6s, 1899...J&J Too"
6s. 1910...................................J&D 104% 106
Stat. Isl. R. Tr.—lst6s,g.,1913. A&O
Trust certs. 4s, 1922............M&N 101% 102
2d mort. guar. 5s, g., 1 9 2 6...J&J
Pied. & Cumb.—1st, os, 1911.F&A 97% 100
8 mb.Haz.&W-B.—lsr.5s,1928M&N 104
Pit.C.C.&Sc.L.ooD.4%s l,1940A&0
9S
2d mort., 6s, 1938, reg.......M&N
98%
Pilosb.O.& St.L.—1st, 7s. 1900.F&A
L18
Sunb. & Lewistown, 1 s, 1896.. J&J 113
Pittsb.^l.&Tol.—1st, 6s, 1922. A&O
Susp. B. & Erie June. -1st 7s, 1900 112 115
Plttsb.&Con’llsv.—lstM.7s,’98.J&J 115 i'íé
132%
Syr.Bing.&N.Y.—consol.7s,’06A&0
Sterling cons. M. 6s, g., guar. J&J el28 130
SyraouseSt. R’y.—1st,5s,1920. J&J 5*84" 8 6 %
140
Pittsb.Ft.W. & C.—1st,7s,1912 Var
Ter.RR.A.St.L.lst,g.4%,1939, A&O 94
2d mort., 7s, 1912...................Var 137%
Terre H & Ind.—1st, 7s, 1893 A&O 103
3d mort., 7s, 1912...................A&O 130
Consol, mort., 5s, 1925.......... J&J 104%
Pittsb. Juno. 1st 6s, 1922........ J&J
Terre H. & Log’pt.—1st,gu., 6s,J&J 105
Pittsb. & Lake E.—2d,5s, 1928 A&O 107% 109%
1st and 2d, 6s, 1913............... J&J 101
Pittsb. McK.& Y.—1st,6s, 1932.J&J §126 131
Tex. Cent.—lst,sk.fd.,7s,1909M&N
96%
Pitts. Pain.&F.—lst,g.,cs,l 9 16J&J
1st mort., 7s, 1911................M&N " 4*0"
Pitts.Shen.& L. E .lst 5s,l940. A&O
Texas & New Orleans—1st,7s.F&A 112
Pittsb. & West.—1st, 4s, 1917. J&J 84% 85
Sabine Div., 1st, 6s, 1912...M&S
104%
Pitts. Y. & Ash.—1st,5s, 1927.M&N
Ashtabula & Pitts.—1st 6s, 1908.
85
85 x4
Portl’nd&Ogb’g—lst6s,g.,1900J &J §1134 114
30% 31
Port Royal & Aug.—1st,6s, ’99. J&J 104
111% 113
_
Income mort., 6s, 1899 ........ J&J liO
92% 93%
Ports.Gt. F. & Con.—4^8,1937. J&D §108% 108%
110%
Pres. &Ariz.C.—1st g.6s,1916. J&J
Tol. A.
2d ino. 6s, 1916......................J&J
97
Prov. & fo rce s .—1st 6s,1897.A&O 108% 11Ó
87%
Raleigh & Gaston—8s, 1898...J&J
Í06 ........
Ren.&S’toga—1st 7s,1921 cou.M&N 141%
Tol. & 6 . C. E xt.—1st, 5s, g., 1938.
Rich.&Dah.—Gen.m.,6s, 1915J&J 108% 109%
Do do guar............................. &
Debenture, 6s, 1927..............A&O 85
93
Marietta Min., 1st, 6s, g., 1915..
93 100
Con. mort. gold, 5s, 19 3 6...A&O 77
78 % Tol.Peoria&W.—1st,4s,1917....J&J 81% 81%
Equip. M. s. f. 5s, 1909........ M&S
Tol. 8t.L.&K.C.,lst,6s,1916...J&D
99
Wash. O. & W 1st gu.4s,’24.F&A
Troy & Boston 1st 7s, 1924...J&J § .......
Rich.Fr. &P.—Cons.4%s,1940.A<&0
Ulster & Del. con., 5 ,1 9 2 8 ...
102
115
Rich. & Petersb., tis, 1915___M&N
United Co’s N.J—Gen.6s, 1901
§116 117%
Rich. York R. & Ches., 1st 8s, 1894 103
do
gen. 4s, 1923___
I 102
2d mort.,'6s, 1900........... .M&N
9«%
do
gen. 4s, 1929....
,§105 106%
Rich. & WestPt.Ter., 6s, 1897.F&A 86
90
sterling do
6s, 1894___
elOl
t06
85
Trust receipts.............................
87
do
6s, 1 9 0 1....
e ll9 121
Con. ool. trust, 1st, 5s, 1914.M&S 52% 54% Union Pacific—1st, 6s, g, 1896.J&J 10838
Trust receipts.............................
53%
110% 110%
Rio Grande West., 1st 4s,1939. J&J 81
111%
Rio Gr’de Junc.lstgu.5s,1939. J&D 92%
113%
Rio Gr. South.—1st, 5s, 1940.J&J 85%
10o %
Rome & Carrollt.—1st, 68, g., 1916
100
e l l l 114
Rome W.&O.—Con.,ex.5s,’22.A& 0 112% 113
Collateral trust, 6s, 1908 ...
102
Ruttanu—1st M., 6s, 1902___M&N 109% 110
t 81%
Equipment, 2d 5s, 1898.......F&A §100% 100%
71
St.Jo. & Gr. Isl’d—1st,guar.6s,1925.
94%
95% 95%
2d mort., incomes, 5s, 1925........
39%
t 96%
Kan. C. & Om. 1st 5s, 1927..J&J
80%
106%
St. u. Alt. &T.JH. 1st M.,7s, ’ 94. Var 107
do
109%
2d mort., pref., 7s, 18 9 4......V a r 105% 107
do
109 iió %
2d income, 7s, 1894............ M&N 102 104%
109% 110
60
Div. bonds, 1894 ..........................
67%
Rellev.&S.ni.,lst,S.F.8s,’96.A&0 110 110%
100%
Bellev.A Car., 1st 6s, 1923..J&D
Atoh.Col. &P.,lst,6s,1905Q.82%
<Ch St i-.& Pad.,lst,g., 5s, 1917..
At.J.Co.& W.,1st,6s,1905.Q,St. L South., 1st, 4s, 1931..M&S
U.P. Lin. & C., lst,g.,5s’ 18A&0 74%
do 2d, income 5s, 1 9 3 1 .. M&S
Oregon Short-L. & U. N. Consol..
70
Carb. & Shaw., 1st g.4s, 1932. M&S
Collat. Trust 5s, 1919.......M&S 75
St. L. So. W. 1st,g.. 4s, 1989.. .M&N 69
Oregon Short-L., 6s. 1922 .. F&A 103% 104
2d, g „ inc. 4s, 1989..............J&J
30
Utah So., gen., 7s, 1909........ J&J 105 107
St.^.<s S. F.—vsd 6s, cl. A,1906. M&N 111% 112
do E xt,1st,7s,1909 J&J 102 103
2d M., 6s, class B, 1906.......M&N 111% 111%
Utah & Nor.—1st M. 7s,1908.J&J
2d M., 6s, class 0 ,1 9 0 6 ___M&N 111% 112
Gold 5s, 1926............
J&J t 82
1st m. Mo. & W. 6s, 1919 ...F& A el04 114
U.P. Den.&Gulf con., 5. g.,1939. J&D 74% 75
Equipment 7s. 1895...............J&D 103%
U. &B1. R.—Con.„4s, g, 1922..J&J
General mort.. 6s, 1931.........J&J 109
Utica Clin.&Bing.lst5,1939...J&J
General mort., 5s, 1931.........J&J 95% 97% Valley of Ohio—Con. 6s, 1921.M&S §108 110
1st trust, g., 5s, 1987............A&O
Ver. & Mass.—Guar. 5s, 1903.M&N 106 i 07**
Con. gu. 4s, g., 19JO............. a &O 70%
Vicksb. Sh. & Pac. —Prior lien, 6 s.. ........
Kan.C. & 8 w., 1st,6s,g.,1916.. J&J
Va. Midl’d.—lstser.,6s, 1906.M&S
115 **
FC.S.& V.B.Bd.,lst,6s, 1910.A&O 90
2d series, 6s, 1911........ . . . . . M&S 112 112%
St.L.K.&So. W. -1st 6s, 1916M&S
3d series, 6s, 19 1 6 ................ M&S
108
Kansas Mid.—1st, 4s, 1937. J&D
4th series, 3t4-5 s, 1921........ M&S
85
St. Louis Salem & Arkansas-5s.
5th series, 5s, 1926................M&S 99 100
St. L. W. & W., 6s, 1919.......M&S tl08%
General 5s, 1936................. .M&N 77
flt. l . V. & T. H.—1st M., 7s, ’97.J&J 111
do
guaranteed, stamped___ 77
SÒ
2d mort., 7s, 1898.................M&Nl 103
gold 5s, 1939. .M&N 105% 105%
2d, 7s. guar., 1898................ M&NI 105 ..... Wabash—1st
2d gold 5s. 1030 ............. E va
«35« «3%
Price nominal,
§ P r ohaaer algo paya acor uedlntereBt. e i n L on don
I OouPon oil,
Ra il r o a d an d Mis c e l . B o n d s .
Bid
Ask.
Wabash—Continued.
Deb. mort., series B 1939.. J&J 39
41
Det. & Chic. Ext. 1st,g..1911. J&J
S5.L.K.C.&N. (r.est.& R.),7s.M&H 107 107%
do St. Cha’s Bridge 6s, 1908 109
do No. Mo., 1st, 1895.. .J&J 109 109%
West Chester—Cod. 7 s, 1891..A&O
W. Jersey & At. 1st M.,6sl9tOM&8
West Jersey—1st, 6s, 1896.......J&J 106
1st M.,7s, 1899.......................A&O 118 121
West Shore—Guar. 4s, 2361.. J&J 1<4% 104%
WestVa C.&Pitts.—1st,6s,1911 J&J ICO
West. Va.& itts.—lpt5s,1990.A&O 102%
West.Maryl’d—3d en.,6s, 1900. J&J 114% _
We8t.N. Y.&Penn—lst.ös. 1937J&J 101% 105
34
34%
2d m., 3s g.—5s sc. 1927 ...A&O
Warren & Fraok., lst,7s,’96F&A 107%
W’n No.Car—Con.6s,guar.1914.J&J ... . .. 92
West’nPenn.—1st M.,6s, ’9 3 ..A&O 100
Pitts. Br., 1st M., 6s, ’96.......J&J 106
Gold 4s. 1928.......................... J&D
........
Wheeling & L. Erie—1st, 5 s,... 1926 105
Wheel. Div., 1st, 5s, 1928___J&J
105
94
Extens and Imp. 5s, 1930..F&A
Wilm. Col. & Aug., 6s, 1910 ..J&D 117
Wilm. & Weldon—7s, g., 1896.. J&J 112
5s, 1935................................... J&J 111% —
Winona&S. W.—1st,6s,g.,1928. A&O
Wiseon. Cent.Co.—1st,5s 1937.J&J ~9Í% *92%
Incomes, non-cum., 5s, 1937___ . . . . . . 33
Wore. Nash. & R.—5s, '93-’95. Var. §100% L 2
Nash. & Rooh.. guar..5s.’94.A&O §101 162
M IS C E L L A N E O U S B O N D S.
Amer. Bell Teleph’e - 7s, 1898 F&A §113% 114
Am. Cot. Od—M. g. 8s, 1990.-Q F 110 110%
Am.WaterW’sCo.—1st 6s,1907. J&J
1st eon. gold 5s, 1907........... J& J
......
Amer. Steamship—6s, 1896...A&O i o s ”
Booneville Bridge 7s, 1906...M&N
Boston & Montana—7s, 1898..J&J §103** 1*03%
Bost. Un. Gas—5s, 1939, r.rec J&J 9C% 91
CahabaC’l Min.—1st g.7s,1907. J&J 108 112
Ches. & Del.Can.—1st 5s,1916 J&J 63
70
Chic. Gas L. & C .-g . 5s, 1937..J&J 93
9S %
9.% 95
Chm. June. col. g. 5s, 1915__ J&J
Col >rado Coal & I—6s, 1900.. .F& A 98
Col.&Hoek.C’l&l’n - g 6s,1917.J&J 9 3
17
Comst’k Tuu.—1st in. 4s,1919.M&N
19
Consol. Gas, Bair.—6s, 1910. .J&J 114% 115%
Consol. 5s, 1939 .......
J&J 102%
Consolid Coal—Conv 6S.1897.J&J . . . . . . .........
Denv.City Water Co. 5»,g.’ lu.M&N
Denver Con Ga* ist 6s, g ... u u i §100 105
Edison Elec, 111. C<>.—lsts 5s.. 19 *0 101 102
Eq.G’r&F..Chic —lstg.6s,1905. J&J
101 %
Gr’d R.C1.& C.—1st g.6s,1919 A&O
Hende:son Bridge—6s, 1931..M&S 107
Hoboken L. & Imp. 5s, 1910..M&N
Lioian tpolis Ga* Ist 6s,U20.M&N lo i% 102
Iron Ste unboat Co.—6s. 1901.J&J
Laob-de Gas. St. L.—5s, 1919.. Q—F 85% 85%
Lehigh C.&Nav.—M.4%s,1914.Q—J 111
112
RR. 6s, 1897..........................Q—F 109%
Convert. 6s, 1894...................M&S 103
Mort. 6s, 1897..................15 J&D 112
Consol, mort. 7s, 1911........ J.&D 134
Gen. mort. 4%s, 1924 ____ Q—F 1U1%
Man. Boh H.L gen.4sg.1940 .M&N 50
Min’p ’sSt. R ’y 1st con.5s, 1919 J&J
Mut.Uu.Tel—Skg.fd.6s,191 l.M&N
Nat. St’rchM f.Co.-l st,g. 6s,’20 M&N *99% 100
New Eug. Telephone, 6s,1899. A&O
102%
21
New Orleans Pae.—Laud grants...
24
N.Y.&Out. L’d - l s t g . 6s,1910 F&A
N Y. &Perry C. & I. 1st g.Cs, 1920.
87
North w’n Telegraph—7s, 1904 J&J 103
Ocean SS. Co.—5s, 192 ) ..... ............
Oregon Imp. Co —1st 6s, 1910. J&D ib i* 103;
Consol. 5s, 1 9 3 9 ...,............. A&O 6 i
64%
Penn. Canal—6s, 1910..............J&J 65 %
Penn. Steel—1st 5s, 1917___ M&N 102
People’s G.&C.Ch -lst,6 ,g.’04.M&N 103
2d
do
1904.............. J&D 10¿% 103%
Peoria Water Co. 6s, g., 1919.M&N 100
98 102
Pleas. Val. Coallst6sg.l94o.M & N
Po’k’psie Bridge—1st 6s,1936 F&A 62
65
Proctor & Gamble 1st 6s, 1904___ 103%
St.L B'dge&Tun.—lst7s,1928.A&0
Tenn.C.I.&R.—T.dv.lst6s,’ 17A&0 93% 94
Bir. div. 1st con. 6s, 1917... J&J 96% 97
W’n Un. —Deb. 7s, 1875-1900.M&N 115 118
Deben. 7s, 1884-1900..........M&N
Collat. trust our. 53,1938__ J&J 104%
Wh L E.& P.Coallstg.5s,l919.jA J . . . . .
84
Woodst’ ok Iron—istg.6s, 1910. J&J 60%
S T O C K S —R A I L R O A D , Par.
Ala. Gt. South.— A., 6s, pref.,. £10
8%
9%
B, common.............................. £10
2%
3%
Ala. N. O. & Pac., &c., A, pref.£10
1
1%
do
do
B ,d e f..£ 1 0
%
%
Alabama & Vicksburg.
Albany & susqaen., Guar., 7 ...10 0 160 165
Atohison Topeka & Santa F e.. 100 33% 33%
Atlanta & Charlotte Air Line ..100 85
90
Atlanta & West P o in t .............100 101% 103
Atlantic & Pacific.......................100
4
4%
Augusta & Savannah, leased... 100 103 108
Baltimore & O h io ....................100 98% 98 a
Benef. Int. C erts.................1 0 0
95
97
do
1st pref.,6 ......................100
135
do
2d, pref.................
100 120
Balt, & O. S. W.—p r e f .............. 10 J
5
6
Beech Creek, guar.......... .......... 50
Belleville & So. 111., pref.......... 100 14Í 150
Boston & Albany........................ 100 204% 205
Boston & Lowell..............
100 178 179
Boston & M a in e........................100 18.% 182
do
do P r e f.................100 149 150
Boston & N. Y. Air-Line, p ref..lO o
Boston & Providence................. 100 252 25 %
Boston Revere Beach & Lynn.. 100 140 i 2
Brooklyn Elevated..................... 100 30
33
tttl.tr,
» Pictoh
in o
•i i
4*%
t P rice per share.
t In .A m sterdam
X In F r a n k fo r t
THE
838
GENBRA.L. QUOTATIONS OF SPOOKS AND
R a il r o a d Sto ck s .
Bid.
Ask.
R a ILBOAD 8TOCKS.
Bid.
[VOL, LIV.
C H R O N IC L E .
Misc e l . Sto c k s .
Ask.
BOND 8
Bid.
C o n t in u e d
Ask.
114
Misoel . St o c k s .
Bid. Ask.
N .Y . Sc B R ’ K L Y N
84
85
r',ittle Miami............50
Buff. R och A P .,pf.100
H O R SE ! R R S .
....... t
B. C. B. <feNort.li.. 100 45
2 % Local securities in
102
e
...... 1
15
California Pacific 100
C
hronicle
each, week \
25 ¡8
,ou. Evans. A St. L.100
Camden A Atlantic.50 8........
except, 3d o f month. 1
37%
57% 8
Pref.100
do
do Pf 50 s 27
T
E
L
E
G
R
APH.
75 % e
60% L
Canada Southern. 100 60
Amer. Tel. A Cable. 100 83% 85%
8
8
6
25%,_S
f
Ca ladian Pacific. 100 88% 89
Cent.
A
So.
Am.
Cable 135 140
8........
22
8
r
Catawissa................50 s 9% 10
98 105* Commer'l Cable ColOO 155 159
5
:
do
1st pf..50 s 60% 61% 1
10
Franklin..............
100
25
33
9%
98
61
Gold A Stock.......lo o
24
do
2d p ief.. 50 . . . . . .
23
99 103
.20
P ref.. 50
do
CedarF. A Minn... 100 . . . . .
Mexican.................
100 205 215
50
49
L35%
1
65
Cent, of Georgia... 100
Northwest, guar___50 100 110
85
Pref... 100 82
do
s ’ 30
vian. A Law’ce___100
Central Mass......... 100 17% 38
Pacific A Atlantic__
65
50
fewest. 100 24
12h 7
38%
38
Postal Tel. Cable........
do
pref. 100
2
1
%
60% 62
20
•«
¡LCity.
100
45
1
Cent, of N.J----- ...100 137% 138%
South’n A Atlantic.25 78
30%
88
31
pref..
100
do
Pref..
1
Oo
do
59
Central Ohio......... ..50 8 56
Western Union___100 92% 95<%
228
LI 8
do
P re f...50 s........ 60
38% 39
40
Central Pacific— 100 30% 31%
TELEPH ONE.
16*3 17%
, 10< 17% 171*
20
Char. Col. & A ug..100
American Bell.... 10<’a 207% 208
Ches. & O.-Vot. Tr. cer 22% 22%
Erie........
...............100 45% 45%
140
139%
Ï08*' 109
62%
62
do
1st pf.lOi
Hudson River.......100
___
35
90
42%
do 2d pref. 100 42
Mexican...........‘....1
0 1-0* 1 1 0
11 % 12
pref.100 130 L40
do
Chicago A A lton..100 148 153
do
p ref..100 25!% 25% N.Y.A New Jersey.100 96% 98
s 71
do
pref. 100
52% 53
New
England.......100
147 149
11% 12%
Chic. Bur. & Quin.100 1<’4% 104%
8 74% 74% Tropical.......... .........10 20c. 30c.
do
P ref... 100 28% 29
64
Chic.A East. 111... 100 62
do. pref. (Bos.) 50 8 88% 89
15% 15%
do
pref. 100 100 100% Î
T R U S T CO’ S
8 60%
28
do
p ref... 100 27
Ohio. Mil. & St. P.100 77% 77%
Am. Loan A Trust.100
Vest
Jersey A Atl.. .50 8 19
57%
57
souri
Pacific...
100
do
pref.. 100 123% 124
A
tla
n tic................ 100 x325
__
17
8
Vestern
Maryland.
50
41
38
Chic. & Northw’n.100 H9%j 119% I file A Ohio......100
8
8
8 % Brooklyn Trust ...100 475
...... Î
do pref., 7 .10 0
Central___........1 0 0 1100 1259
31% 32
11%
142
Chic. & Nor. Pac -100 10
do
pref.100 74% 75% Continental..........100
'8 5 ' ‘ s f r
Farmers’ Loan A Tr.25
Chic. K. 1. & P a c..lo o 81% 81% f
W11.,Columbia A A. 100 110
A D ecatur...25
50
Î
C.St.P.M. &0. .comlOO 49%
Franklin.............. 100
x
'203
2
Ö
2
'
do
pref. 100 120% 121 Î
Holland ...............1 0 0
*V1 lm. A Weldon 7.100 115*
8246% •¿48
I
Chic. & West Mich.100 53% 54
Kings County.......100 203 205
s 53%
Knickerbocker
....1 0 0 170 172
Gin. Ham. A Day. 100 125 140 Î
Visconsin Cent. ColOO 15% 16%
8 87*s 89
63
I
Cine.N .O. & T.Pae. 100 59
42% Long Island. . . . . . 100
fio
Pref.100 42
160
58
M
a
n
h
a
tta
n
....___
Cin. Sand. A C.pf. 50 57
30
124% 125
114 114%
......... Ï
M e r c a n tile ^ 1 0 o
Cfincin. & Spring___
18 1
17
Clevel. Ah. <fc Col. 100 t 2fc% ......... I
280 290
Metropolitan,
..
..100
1st pref. 100 73% 75
do
6*1
6
N assau...................100
Cleve. A Canton.. 100
O A L & M IN IN G
38
36
2d
pref
100
do
20
19%
N.
Y
.L
ife
A
Trust.100
do
pref. 100
S T O C K S , N .Y .
1
Olev. C. C. & 8t. L.100 67% 68
N.Y.Secunty A Tr.100 19 »
87
.... 1
Peoples’ . Brooklyu too 254
do
pref.loO
"
29%
"29%
Cl. & Pitt.,guar., 7. 50 152 ........
Real Estate L. A T. 100 155 160
29%
•29*
70%
69*4
do
Pref.100
Col. & Green.,prer.100
State....................... 100
38% 38% Colorado Fuel, pf..100 95
Union......................100 730
Col. H. Val. A Tol.100 36% 3638
81
Pref.100 80
do
Pref.suhs.2d ins. p’d 78% HO 1
United States........ 100 780
29
__;__
28'
245
OoLA Xen.,gu.,b2B 50 181% 183%
Washington. ......lO o
Homestake Min’g.100 14
Con. & Montreal—
22 *
16 Lehigh A Wilkes b.Coal 18
pref.100
do
C1.I (B.C.&M. pf.100 x l5 0 151 1
U ISC’ LLANEIOUS
25
24
Maryland Coal___100
18% 19
STOC KS AND
Class IV. (Conc.)lOO X178 180
38
% Minnesota Iron.... 100
TRU STS.
Con.&Ports.,gu.,7 100 180 182
% 1% New Central Coal .100 " 9* Ti*
do
pref
Adams
Express...100 145 148
Conn. A Passump. 100 121 121%
40
39
Ontario
Sil.
Min’g.100
10
8
. Y. Phil. A Norf.100
50
Am.
Bank
Note Co..50 48
Connecticut RiverlOO 235 236
Pennsylvania Coal.50 280
. Y. Prov. A Bost.100
42% 43
Am.
Cotton
O il.... 100 37% 38%
"
4
*
IV
T
in
’
tr
ion
3
3%
Quicksilver
Min’g.100
13% 13%
7% 15
75%
76
do
pref.100
17% 21
do
pref.100
Pref.100 61% 62%
do
L20
American Expres.100 118
8 53% .64%
Tenn.CoalAIronColOO 41% 42
14
12
76
75
Amer. Sug.Ref,Co........
92% 93
106 L12
do
pref.100
14
12%
95
174 165
94
do
pref........
do
47%
pref.100
do
98
Am. Tobacco Co., pref
165
97
85
8 84
143 144
9%
Aspinwail
Land....1
0
9
E L E C T R IC
s 68% 69%
6
5%
Boston
Land............
157% 157%
10
L I G H T , dec.
50
s 48
3
3%
Boston
WaterPower..
90
70
Brush, B a i t ....... . 100
Northern N. H.......100
18
6
17
5%
Brookline (Mass.)L’d5
5
2
19% Con. Elec. Storage.......
9
50% 51% North’ n Pac., com. 100 19
7
do
110% Brunswick Co.......100
do
Pref.100 55% 55% Edison Gen. Elec 100 109%
7
6
71%
Canton Co. (Balt.).100
M. &
82%
82
Edison
111.
Co.
of
N.Y.
174
172%
____ r.A Worcesti
18
80
13
79
C.
J.
R’
y’s
U.
St’k
Yds
do
87
83
“
“ “ Bklyn
8
6
Ogd. A L. Champ. 100
84
do Pref................100 83
Edis’n Phon.ToyMf .Co.
20%
Ohio A Miss__.. . .100
89% 90
8X1238 12% Jlaflm Co................100 101 105
Ft.
Wayne
Elec.
Oo..25
do
Pref.100
10
do 1st pr ef.non-c. 100 J .r
100
6
5
2
%
N.
Y.
Phonograph
Co..
25
Oaio Southern.......100 23
37
100%
33
do 2d pref.non e.100
do
prel.:
7
5
Amer. Phon. Co.
778 8% Old Colony............ ICO 184 185 North
Con. Kan. C.S. & R..25 140 150
Duluth S. S & Atl.:
Spanish-Amer. L. A P
100
21% 21% Om.A St. L............. 100 ........
90
Det.
Un.
D.
A
St’n.
tOO
do
pref.:
Thooou-H. Eleo.Co...25 8 65% 66
do.
pref__ 100
5
4%
E. Tenn. Va. AGa.:
30% Dint. AC. Feed. Co.100 •47% 48
do
pref..25 8 30
85
)
........
Oreg.
R’y
A
N
av..
100
45
5%
35
8
5%
East
Boston
Land.
do 1st pref.:
do T.Sec.Ser.O.lO 8 8 % 9
Or. 3. L. A Utah N.100) 2 2 %
5%
12% 13
do 2d pref..:
7% Frenchman’s Bay Ld s 5%
8 7%
do
do Ser.D
55%
)
8
55
t*ennsylvania
HR.
.50
95
90
Henderson
Bridge.
100
East Pennsylvania
Thom.-H. Internat. 100 242 245
Penn. A Northwest.50) 8 48M
76
75
Illinois
Steel
......1
0
0
Eastern in N .H ..
108
do
pref.. 100 105
Pensacola A Atlan.1001 ____
Iron Steamboat... 100
Eliz. Lex. A Big S.
63
Thom. Welding Co.100 55
19
'eoria Deo. A Ev.-lOO3 18
50
4
2
s 48
Keeley M otor..... 5i
Elmira & W’msp’t.
12
do Europ.W.Co.100 10
12
3
8
Peo.
A
Eastern—
100
70
Lauason Store Ser. .50 s 19% 20
do Pref...... > s 68
50
U. S. Uluminat.Co.100 40
98
P e t e r s b u r g 1003 96
54%
8
5
4%
LeüignCoal
«N
av.
5o
....... . 140
8 .... .
22% Phila. A E rie.......... 503* 37% . . . . . . Westinghouse Elec. L 8
4
7
22
29% 29% Manh’tt’n B’oh Co. lo o
Consol., new . . . —
3
2%
90% 90% Phil. Germ. A N or..503 sl30% . . . . . .
Maverick L a n d.... 10
do
8 45% 46
Do
pref...........
60%
3
60
Puila.
A
Read.
cert.50
25
23
Metropol. Trao t’n.. 100 111
&Pt
83% Phila. A Trenton.. 100
19
83
Mex. mat. mustruefu 17
do
t 10% lo% H>cUa. Wilm.A Balt.50) 8 53** 55
Morris Can., gu. 4.100
....... *
GAS STOCKS.
24
22
do pf.,gu.l 0 . 10 o 203
83-1 Pitts.Cin.0.ASt.L.10o
it 83
do
54%
63% Balt. Consol. Gas .100 54
do
pref.1003 61
do.
5e.
Mt.Des.
AE.S.Land-5.
t 3u% 4 .
31%
8
31%
Bay State.................50
Pitts. A Connell’e..503 s........
6
4
Nat. Cordage— -....... 108% 109%
Brooklyn. L. I.—
c’ itts.Ft.W.A C.,guar.77 154%
105
106%
do
Pref----178 18 1
115
L13
B rook ly n .........2 5
31
32% 33
7% Pitts. Junot........... 503 s 30
National Lead Co.......
5
Citizens’ . . . . . ........20 106 107
Pitts. M.K.AYough 50) § 120 122%
84% 85%
do
p ref..........
126 128
Fuiton Munioip.100 110 133
47
3
8
4Ô
Pitts.
Va.
A
Oharies.50
29
31%
Nat.
Linseed
Oil
Co...
10
8
Metropoiitan. . . . 100 102 105
Pitts. A W estern...50
35
36
Nat.
»tarch
M.
Co.
100
do
...
...
Nassau.................. 25 137
44
3
42
101
do
P
ref..50
100
1st P r e f..................
s 80
87
85
People’s .... ......1 0
Pitts. Youngs. AAsh.503 8........ . . . . . .
100
103
33
2d
Pref..................
30
Williamsburg---- 50 125
do
p ref___50
40
43
N. Y. Loan A Impr’t . .
Chariest'n,8.C.,Gas.25 8........ 21
3% Port. Saco A Ports. 100j 127 128
3%
8 11% 12% N. Y. A Texas Land..
Cbartiers
Valley..100
16
13
Port
Royal
A
Augusta
Land s crip ..............
8........ 37
Chic. Gas tr. re c ... 100 78% 78% North
Prov. A Worcester. 10 249 252
12%
AinericanColOo 12
8 54% 55
do
Oincin. G. A Coae.lOo 191% 192% Northwest
Equip. 100 105
103% 103% Rens. A Saratoga.. 1003 i70 175
60
Denver
Consol—
100
Rich. F. A P .,com .100 120 124
22
Oregon
Improve..
100
27
92
.....
Hartford, Ot., G. L..25 32
10% Richmond A P’ b’g.1003 ....... 105
Pacific Mail SS. C0.IO0 34% 35%
lo
Indianapolis, In d..50 107 110
7%
Rich. A W . P.Ter.. 1003
Pennsylv. Steel... 100
45
40
do
Jersey
CityGas Light. 175
.
.
.
.
.
45
do Pref— lOo
P.
Lorillard Co.pL.100 116
Iowa F.& Sioux C ity.
127
126%
Louisville
Gas
Light.
92
Richmond
YorkR.AC.
Pougu. Bridge .. .100
12
10%
Kan. A M ich....
32% 35
Memphis G a s ............
Rio Grande West.. 1003 37 ___
Procter
A G.Co pf.100 105
98%
N. Orleans Gas L.100 97%
......
do
pref.1003 72
Pref. 8 p. e. cum. 100 113
42% 45
90
RomeW. AOgd.,gu. 1003 110 110% N.Y. C ity- Central.50 114% 115
Pulim’nPaiaoe
GarlOU 196 197%
) 112 115
Consolidated. . . . 100
4
3
3%
.....
Rutland.................
100
s
.......
San Diego Land.........
18
15
Equitable .......1 0 0 145 150
72
do
Pref., 7..100) 70
at. Louis B’dge,1st prel el09 112
13
8
Mutual..............100 138
54
St. Jos.A G’d Isl’d.100) ........
50
2d pref. cert.. . . . 100 e 51
40
87
85
Standard
Gas,pf.100
42
S C.LouisAlt. AT.H.1003 37
7
8t. Louis Tun. RR.100 el09 112
)
4M
36
8 35
do
Pref.1003 150 160
65
60
8t. Louis Transfer Co.
76
S 74
80
Standard Oil Tr’t.100
) ........ . . . . . . Sti.L.AS.F.lstpref.1003 76
85
80
8%
8
) .......
St. L. A So’ w est...lO oJ
57
South’ n CottonOL.loO
22%
21%
St.
Louis.
Laclede.
100
16%
do
Pref.1003 16
j 24
24%
Texas Pacific Coal..
Lake Arie A W ...
60
59
do
pref.100
J 76% 76% St. L. Van. A r.H .10 03 ........ ........ San Francisco Gas ...
Tex. * Pac. L’d IT. 1 00
do
Prel
70
69%
47
*4*8
j 133*4 183% Si. Paul A Duluth. 1009 45
U. a. Express ... ,100 45
L. 8h. A Mich. So.
Wash’ton GitvG. L.20
do Pf.lO' > lu5 107
j * 58% 59 I Do
Lehigh Valley —
e
In
London.
s gustations dollars per share.
Purchaser also pays accrued interest.
" Price nominal
171%
« 69%
101
¿4%
57
7538
25
20
4
88
110
135
229
127
15
90
117
172
e
113
8171
2
utt> Carolina___100
uth. Cal pref....lC0
"37’
104
Ma t
THE
21, 1892.]
C H R O N IC LE .
8 39
G-E5JERA.L QUOTATIONS OF STOCKS AND
BONDS— C onclu d ed
F o r E x p la n a tio n see Note» a t Head, o f F irst Page o f Q u otation s.
Miscellaneous St ’ ks
Bid.
Ask.
Manufact’ g Stocks
Bid.
Ask.
B a n k Stocks .
Bld.
Ask.
Insurance Stocks .
Bid.
Ask
109 110*3 1 First National....... 100 235
Thorndike(Mas8.)1000 1160 1175 Globe N ational..
Wells Fargo E x p .. 100 145
Hide and Leather. 100 ........ 160
Fourth St. Nat’l . 100 152%
Tremont &*>; ( Mass) 100 120% 121
West End Land (Bost.) * 1978 20
320
99%
Girard National ...4 0
Ills. Tr. & 8av. .
11
Union C.Mf. (F.R.) 100 222
. West’n Union -sei-f Co.
7
12
2
125
Kensington
Nat’l.. .50 113 "
International...
106
Wampanoug (F.R.)IOO
STOCK.&?
120
Manufact’rs’ Nat .10‘
93*s
Lincoln National
Washington (new) .100 99 100
(N. Y. & 8AN. FEAN.)
Mechanics’ Nat’l 100 100*4
Merchants’ N at... 100 500
104 106
do
p r e f .......
Adams Cons..........
Nat.Bk N.Liberties.50 160
Metropolitan Nat.10 200 220
45
American Flag............
Weetamôe (F. R.) 100 40
144
Penn
National........50
86*4
Alice....................
willun’ti - Linen Co.25 ...... ...... Nat. Bk. of Amer..l00
Philadelphia Nat’ l. 100 223%
•02 York Co. (M e.)... .750 1060 1065 Nat.B’k of Illinois.100 270 300
A s t o r ia ..........
190
Seventh National. 10c 10 1
National L ivestock..
•03
Barcelona....................
B A N K STOCKS.
10 2 %
Northwestern Nat.100 895
•10
Belle Isle...............100
B a lt im o r e .
8tare B a n k .......
•40 Bank of Baltimore 100 146
•33
B e lm o n t___ ___
180
Amer.
E
xchange...50
165
190
160
Union
National..
.100
18
17
Bans of Commerce. 15
215
Best & Belcher______
146
1978
C in c in n a t i.
..10
•30
Bodie................. .100
185
118
Atlas
National
..100
132
•30
Com. & Farmers’ . 100
Breece..................... .
98
Citizens’ National.100 225 237*9 Chemical Nat....... 10e
•35
Farmers’ B’k of Md.30 45
Bulwer......... ......100
131
Commercial Bank..50 116 118
60
•70
Farmers’ & Merch .40
Caledonia B. H ___100
Nat. Bank of Com. 100 150 151*3
Equitable Nat.......100 117 1*2
47
Farmers’&Planters’ 25
Con. Imperial........ .
Commercial. . . . .100 475 500
93*3 95
Fifth National ....1 0 0
120
FirstNat. of Balt. 10()
Chollar........ ......1 0 0 '"•75
Continental Nat’l. 100 105 106
First National ...100 260 265
German American. 100 115
•15
Chrysolite.................50
1
¿>
34
250
F ra n k lin ..............10n 350
Fourth Natioual.. 100 245
•15
•13
Comstocfc Tunnel st’k.
Fourth National.. 100 240
- rmmm
German National.100 197 2<)0
4-10
Marine.................. 30 38*s
Consol. Cal. <fe Ya.......
German.................. 100 290
Market National..10*» 118 1 2 1
13
..10
100
Crown Point......... 100
Merchants’ Nat’l..K '0 137*3 139% German AmericanlOO 44Ö
2-10
Me> chant*’ ______ 100 143
Deadwood terra..........
International .....1 0 0 125
National Exoh’ge .100 127 ...... Natlon al Laf ayettel 00 325 340
Denver City C o n ......
19
Ohio Valley Nat’l 100 132 136 Laclede National ..100 119 120
People’s................. ..20 18
Dunkin......................... " ‘•20
__
Lafayette...............100 2 ’ 5
Second National ..100 380 400
•40
second National. 100 175
El Christo________ .. .
Mechanics............. 100 2 12 216
Third National. ...1 0 0 162 164
Third National .. 100 . ___ 97
Eu’kaCon...............100 1-50
132%
Western German.. 100 3 i0
..75 81*3
•30
Father DeSmet.. . . 100
Mullanphy . . . . . . . . 100 225
N e w O rle a n s
..20 37
Gould&Curry s.30.100 1-20
Nat. Bk. Repuhlic.100 93
American Nat.......100 12 0 125
B o s t o n .t
Hale & Norcross.-lOO 1-30
Bank of <-ommeroe.10 153a 15% Northwestern.......100 395
Atlantic............ . 100 137% 138
Horn Silver__________ 3-20
St. Louis National. 100 125 130
.50
Canal & Banking.. 100 165 167
Atlas_____ _____ 100 122** 123
Iron Silver.............. 20
•20
Blaoltstone........... 100 101 101*3 Citizens’ ................100 82*s 85*9 State B a n k ..... .......50 192
Iron Hill.*...................
Third National.... 100 12 0 12 1
Germania Nation’l. 10« 215 220
•25
Boston National. 100 111*3 112
Kings. APembr’ke Iron
Hibernia National. 100 205 2 10
Boylston.............. 100 131 132
Lacrosse.................. 10
Broad wav............ 100 135
Louisiana Nat ....10 0
"• Ï5
Leadville Consol___i 0
70
75
Anglo-Californian.......
Metropolitan........ 100 16 » l-’ ö
•24
100 203 206
Little hicf............. 50
Bank of California ... 260 268
1-80
Mutual National .100 105 1 1 0
Central....... .
100 142 145
M exican................100
170
First Nat’l G old... 100
*50
New Orleans Nat..lOo 675 750
City.......... . . . ........ 100 99*3 95
Mono ............... ......... .
P acific.... ................... 125 170
•20
Columbian. . . ___ 100 IO - *4 (08*3 People’s ................... 50 108 1 1 2
Moulton......................
Commerce............ 100 130 130*3 Southern NationallOO 103*9 105
•10
Navajo ...............1 0 0
161
F IR E ! IN S U R ’ CE
State
National___10c
Commercial........
96
•15
100
96*3
North Belle Isle,........
8
STOCKS.
10
9%
Com’onw’lth (new) 100 13 7*3 140 Traders’ .......... .
Ophir.......................i o
128*«
H a r tfo rd , C on n .
Union
National...
100
131
129
Continental........
100
Oriental & M iller......
.¿Etna F ir e ..!.........100 254 258
•60 E a g le ................ 100 103 103*4 Whitney National. 100 340 355
•40
Phoenix of Arizona___
Connecticut.......... 100 125% 130
fte w Y o r k .
•90 1-10 E lio tt................... 100 137 137*s
Plymouth........ ............
Hartford................10« 340
America........... ...1 0 0 210
•40
E v e r e t t ........... 100 101*3 1"2
Kobmson Consol... .50
141
National................100
158
E xchange............ 100 140*4 L40*3 Amerioan Exch’gelOO
1*25
Savage...... ..................
O rient................... 100
93
94
B ow ery.................100 313
1-35
Faneuil H a ll....... 10 0 138*3 139
Sierra Nevada.......100
280
Phoenix................
100
193 197
Broadway ................25
Standard................ 100 1-35 lift) First National. . . . 100 242 247
Steam B oiler.......... 50 104 1 1 1
Butchers’&Drovers’25 182 190
First Ward........... 100 129 131
1-30
Union Consol........100
Central National .10 133 i 35
Utah.............................
Fourth National.. 100 125 126
N ew Y o rk .
Freeman’s ........... 100 101 101*3 base National..... 100 4 >0
•70
Yellow Jacket.............
60
A llian ce............. 1000
65
Globe........... ........ 100 100 100*3 Chatham........., ......25 420 423
B O S S '« * «tllN IN G .
4600 American................ 50 1 1 0 140
Chemical........ !...1 0 0
Hamilton............... 100 119 120
( tiee Page 832.)
Bowery....................
25
85
90
ty.........................100 450 490
Hide & Leather... 100, 128 129
IB A N U F A C T ’ IN G .
Broadway................25 123 127
Citizen’s
.......25
Howard............... 100 111*3 112
108
Am. cinen (F.Riv)..100
Citizens’ ' . . . . ___. . . 20 1 1 0
250
Columbia............
Amory (N.H.).......100 137% 138
Lincoln (n ew )..... 100 107 103
70
Commonwealth ...10 0
Commerce..............100 191 195
75
Amoskeag (N.H.) 10«0 2320 23 0 Manufacturers’ ... 100 103 104
Andre scog’n (Me.).100 147 150
Market.................. 100 100 100*9 Continental.......... 100 134 140 Continental.......... 100 225 240
215
E
a
g
le
......................
40
250
217
Corn
Exchange.
.
.
100
96
Market (Brighton). 100
96*3
Appleton (Mass.).100'> 615 620
Empire City.......... 100
65
80
D e p o s it............. ..10u 115
Atlantic (Mass.)... 100 82*4 83
Massachusetts . . . . 100 101*3 101
80 100
Farragut .................50
Meehan os’ ......... .. 100 128 | 1 8 % East River............... 25
Barnab.v (Fall Biv.)... 127
Germ an-American 100 280 295
Barnard Mfg. (F .R ) .
90
Merchants’ ............ 100 15 ¿ V 151*3 Eleventh Ward.......25
50 165 175
Germania........ .
Fifth Avenue..___100 2000
Bates (Me.)....... ...1 00 1400 140% Metropolitan ......1<»0 96%i 97
G lo b e ..... .................50 75
80
Fifth National....
137« Monument.............100 235 240
Boott Cot.(Mass.) lOoo 136
100 1 1 0
Greenwich...............25
2500
First National.. . . . 100
Border City Mfg. (F.R.) 133 135% Mt. V ern on ..........100 135% ll37
60
Hamilton ............... 15
75
FirstNat. of Staten Id 109
Boston Co. (Mass.)lOOO 1070 10o5 New England. . . . . 100 162 163
Hanover__________50 128
Fourbeenth Street.100 17«>
North........ ............ 100 138% 139
Boston Belting ...100 206% 207
H om e....................100 143*3 145
Fourth National ..100 205 210
Bost. Duck (Mass.)700 7o0 900
North America.... 100 127% 128
Kings Co. (B’klyn).20 16 2 %
Chace (Fall River). 100 106 107% Old Boston............. 100 117% 117*3 Gallatin National ..50 310
Lafayette (B’klyn).50 50
55
Garfield.................. luo 400
Chicopee (Mass.)..10u 96% 97
People’s .... . . . . . . . 1 0 0 164% 165
Manuf.& Builders’ 100 75
90
Cocheco (N.Jtt.)__ 500 377% 380
Redemption. . . . . . . 100 1-27*4 127*3 German American..75 122
Nassau (Brooklyn).50 144%
German ExohangelOO
Collins Co. (Conn.)lOO 98% 100 Republic......... .... .100 161% 162
60
National......... T.. 3 7%
70
Germania........ ...le O 330
Continental (Me.). 100 18% 19
R ev ere................. 100 105 I109
Niagara ................. 50 125 135
Greenwich___. . . . . . 25 150
Cres’ tMills (F.R ) .100
R ockland............. 100 156 158
35
70
North River ............25
75
Hanover................. 100 3*5 355
Crystal spr. Bl. (F.R.) .........
Second National. ..100 195*a'196
Pacific...................... 25 130 145
Hudson River___ 100 145
Davol Mills (F.R.). lo o
y"é" Security................. 100 220 ....
Peter Cooper.......... 20 130 135
Importers’ & T r ...l0 0 610 625
Dwight (Mass.)__ 500 845 850
■ihawmut........
100 125*3 126
Phenix
(B’klyn )....50 137 145
180
2
o
0
Irving...
.................50
Edwards (Me.) ...1 0 0 115% 117
Shoe & Leather... 100 97*4 97*s
Rutcrers................... 25 1 1 1
Everett (Mass.)..New 88 *« 90
99
South E n d ............100
99*3 Leather Manufts.. 100 240 260
Stuy1
vesant.............25
80
95
400
Flint Mills (F.R.)IOO
107
State............ ......... loO 127*4 127*3 L in coln .............1 0 0
Manhattan . . . . . ___ 50 184 189 U nited States_____ 25 125 140
Franklin (Me.)___100 102% 104
Suffolk.............. 100 106% 107
Westchester.
..........
10
160
220
226
175
Gl’be Y. Mills (F. R.) 100 118 120
Tnird National. . . . IO0 110 110*4 Market & Fulton..100
Williamsburg C ity..50, 310 330
Mechanics’............... 25 187 192
Granite(F R.)........lo o 240
Traders’ . . . . . . . . ...1 0 0 97*3 99
Mechanics’ & Tr___25 1*0 200
GreatFalls (N.H.) loO 113 113% Tremont................ 100 107*3 108
M A R I N E IN S U B M ercantile.........lO u 225 230
Hamilton (Mass.)lOOu 1045 105« U n io n ...................100 141% 142
A N (!E S C R I P .
13
Merchants’ .............. 5i
Hartf Cat pet (Ct.)100 97% 100
Washington.... ..10o 115*3 116
Merchants’ Exch’e.50 128 130 Atlantic Mutual.........
Hill (Me.)............... 100 60
Webster.-... .......1 0 0
63
99 78 100
1838.......................... 100 100*3
9
12
Holy«.ke W.Power 100 300
Winthrop ............100 120% 121 Metropolitan.........100
1889......... ................ 10 1 10 1*3
Metropolis..............100 400
Jackson (N. H .).. 1000 1020 1050
B r o o k ly n .
1890 . . . ................
1 0 1 % 10 2
Mount Morris .....1 0 0 275
King Philip (F.R.). 100 122 124
Bedford..-.............. 100 175
1
8 9 1 .... ................... 102 103
Murray
Hill
.
.
.
.
..
.
.
5
0
Laconia (M e .)___ 400 6O0 605
Broadw ay............ 100 140
1892 ......................... 103% 105
Nassau..................... 50 léi5
Lancast’rM.(N.H.)400 680 685
B ro o k ly n ..........1 ()0 170
10
5
tComm’ol Miit. 1873-82
New York. ...........100 238 244
I/rel Lake Mills (F. K.) 104
City National..........50 400 417
New York County. 100 605
Lawrence (Mass.) 1000 1045 1050 Commercial............. 60 163
130
N.Y.Nat.Exch’nge lOo
Lowell (Mass.)___690 680 682
Fifth Avenue........ 100 140
P R IC E S O F E X C H A N G E
L20 *"
Ninth National___100
Lowell Bleachery.100 10 j % 103
First National....lOQ 980 500
M E M B E R S H IP S .
Nineteenth Ward 100 170
F u l t o n . .......... 46 l » o
LowellMaoh.8nop. 500 615 620
N. Y. Stock .................,$2j .00o ask.
North America.......70 165
Lyman M. (Mass.). 100 69
Hamilton.......... ..100 142
70
Last
s
a le .------. . . . . . 18,000
Oriental...................25 23 J
Manchester (N.H.) 100 14 > 140% Kings C ou n ty..... 100 153
N.Y.Consol.St’ k & Pet.
225 ask.
Pacific.....................50 190
Mass. Cotton. . . . . 1000 1035 1040 Long Island..........100 142
Last
sale,May
1 6 ...
210
Park. . . . .......... 100 315 330
Mechanics’ (F. R.) 100
97«* Manufacturers . . 30 200
N.
Y.
Produce.
.
.
.
.
.
.
.
.
950
ask.
,25
5
People’s...................
Merchants’ (F.R.) 100
275
Mechanics^-..............50
120
Last sale, May 1 6 ...
900
Phenix............ ......2 0 122 130
Merrimack (Mass) iOoO 1135 1140 Mechanics’ & Traders’ 250
N. Y. Cotton -............. 425b. 475a.
Produce ExohangelOO
Middlesex (Mass.).lOo 1 *1 % 141% Nassau ..........1 0 0 275
Last sale, May 2 ....
450
Republic................. 100 172 178
Nashua (N. H.) ...500 520 525
North Side..............100
Seaboard........ ...1 00 176 180 N. Y. Coffee.................. 200b. 250a.
Naumkeag (Mass.)lOO 111 1 , 1% Seventeenth Ward.loO
Second National... 100 325
Newmarket........... 5o0 335 340
S p ra gu e.............. 100 182
N. Y. M etal.................
40 ask.
Seventh National .100 125
Osborn MiUs(F.R.)lO 108 ilO
26th Ward............ 100
Last sale...................
8hoe & Leather ...1 0 0 155 160
Pacific (M ass,)..,looo 1775 1730 W allabou t,,.......1 0 0
115
R’lEst.
Ex.
&
Auo.
R’m
1,030
ask.
123
St. Nicholas___...1 0 0
Pepperell (Me )....5 0 0 1300 1315
C hicago.
Last sale . . . . . . . . . .
State of N. Y ........ 100 117 125
Pocasset (F. R .). . . lo o
i09
American Exch. Nat.. 142 145
Boston
Stock...............
102
17,000
bid.
Third National....1 0 0
Rich. Bord’n (F.R.)IOO
100
AtLas National............ 120
Last sale, May 5 . . . . 17.500
Tradesmen’s ............40 m s
Robeson (F. Riv.)100o 75
80
Chemical National___ 100
Philadelphia
Stock.
...
2500b 2550a
United States Nat.100 200 220
Sagamore (F.Riv.).lOO
119
Chicago Nat.........100 270 282
Last sale . . . ............
2,509
Western National. (00 1 2 1 125
SaimonFalls(N.H.)300 232% 235
Commercial Nat.. .100 300 350
Chic. Board of Trade..
West Side .............. 100
Ooru Exchange...........
300
Shove (Fall Kiv.)..100
no
Last sale, April 1 ...
1,150
P h ila d e lp h ia .^
Continental Nat.. 100 160 162
Slade (Fail K iv ) . 100
60
Chicago Stock.............
Bank of No. Amor. 100 275
145
Drovers’ National..!,.
Stafford (Fall Riv.)100
805
Last sale, ........... ....
Chestnut St. Nat .10 ) i t o
Stark Mills(N.H.)lOOn 122Ò 1225 First National---- .100 345 350
Pittsb. Pet. St’k <&Met. 500b. 5 10a.
59** —
1 2 120 Comiue/cial Na ...5 0
Tecumseh ( K. R .).. 100
107% Fort Dea' born Nat
* Prices nominai, t Boston bank quotations are all ox-dividend. * Price por share—not per cent, J 75 per cent paid in cash.
840
THE
Imrestmjeut
C H E O N IC L E .
R oads .
fVoL. LTV.
Latest Earnings Reported
Week or Mo
1891-2.
1890-1.
Jan. 1 to Latest Date.
1891-2. 1 1890-1.
Gr. Tr.—(Con.)—
$
$
$
1
*
DetGr.H & M. Wk May 7
20,392
19,702
392,5311
371,383
Great North’n —J
St. P. M. As M.! April. . . . . . 896,906 789,496 3,850,347 2,716,123
East, of Minn. April..
98,563
66,683
289,836
199,748
Montana
Cent. April..
86,072 107,152
357.033
The I n v e s to r s ’ S u p p l e m e n t , a pam phlet o f 150 pages
378,720
1,081,541 963.331 4,497,216 3,2«>4,592
Tot. system .iApril.
contains extended tables o f the Stocks and Bonds o f R ail Gulf & Chicago. 'April..
2,434
2,933
11,532
12.159
Housatonic.......'March
123,482 116,918
342.033
326,705
roads, and other Companies, with remarks and statistics con Humest’n&Shen April.
10,200
14,255
50,500
54,191
6,069
4,954
cerning the income, financial status, etc., o f each Company- Hutch.&8outh’n A pril........
24.463
18.625
Illinois Centr’l . . 1April
1,402,190 1,376,572 6,043,851 5,726.394
I t is published on the last Saturday o f every other month— Ind.Dec.&West. April
32.291
31,458
150,875
141,415
In. At Gt.North’n istwkMav
52,284
53,077 1,201,823 1,167,276
viz., January, March, May, July, September and November, ilnteroc. (Mex.) Wk Apr 30
44.542
S wk
I May
~~
2d
34,351
and is furnished without extra charge to all regular sub Iowa Central... m
26,199
657,842
606,875
Iron Railwav... April
2,985
3,988
10,290
13,122
scribers o f the C h r o n ic l e .
J’k’nv.T.AtK.W. April
75,443
75,470
365.693
348,522
lstw k viay
7,412
5.852
122,636
The General Quotations o f Stocks and Bonds, occupying KanawhaAtMich
106,630
Kan. C. Cl. At 8p. IstwkMay
5.233
4,550
109,803
107,284
six pages o f the C h r o n ic l e , are published on the t h ir d K.C.F.S. At Mem. IstwkM ay
77,485
84.332 1,732,655 1,612,986
K.
C.Mem.
&Bir.
IstwkMay
17,017
378.342
19,269
406,618
S a t u r d a y o f each month.
Kan C.Wy&N.W April.........
27,586
26,223
114,265
94,342
Keokuk & West. 1st wk Maj
6,193
139,914
7,010
132,327
L. Erie All. &8o A pril........
6,899
26.714
6,713
23.483
L. Erie & West . 2d wk May
RAILROAD EARNINGS.
58,688
56,278 1,200,544 1,075,083
Lehigh & Hud.. April
32,324
118,142
28,266
120.924
Rook At Mem. IstwkMay
9,100
222.788
11,028
Latest Earnings Reported.
238,246
Jan. 1 to Latest Date. L.
Long Island___ 2d wk May
82,492
84,327 1,196,366 1,155,945
Louis.
A
t
Mo.Riv.
R oads ,
February.
34,419
Week or Mo 1891-2.
28.825
68.112
1890-1.
58,284
1891-2.
1890-1.
Louis.Ev. AtSt.L. 2d wk May
25.495
459.884
29.6
522,612
Louis v. & Nashv. 2d wk May 389,290 347,810 7,500,837 6,860.933
i
$
$
*
Allegheny V a l.. March
55,578
53,952 1,062,016
202,977 197,983
905,079
573, 543!
57L,4S3 -Louis. N. A At Ch. 2d wk May
Atch.T. & 8. Fe.. IstwkMay ‘ 618,691 605,060 10,759, 850 9,,995,349 Louisv.N.O. At T. IstwkMay
50,933
51,' 04 1,275,604 1,265,831
St.L. At Tex. 2d wk Maj
Half ow ned... 1st wk May
11,942
36.093
236,794
9,803
584, 867
32.781
169,055
561,526 Lou.
Total system. IstwkMay 654,7*3 637,840 11,344, 715 10,,556.874 Lynchb.&Dur’m January...
10.789
10,591
10,789
10.591
BtL. &BanF.. IstwkMay 113,046 111,986 2,166 766 2,,085,496 Memphis & Chas lstw k May
20,040
24.092
508.305
568,000
Cent... 2d wk May 148,969 129.986 2.787,074 2,521,074
Half owned.. IstwkMay
35,339
31,982
573, 599!
549,339 (Mexican
Tot.S.L.AtS.F. IstwkMay 148,385 143,968 2,740, 365 2,,634,835 (Mex. National. 2d wk May
77,075
82,108 1,465,199 1,549.203
Agg. to ta l.. 1st wk May 803,168 781,809 14,085, 080 13,,191,710 [Mexican R’ way Wk Apr.30
68,883
82.070 1,101,510 l,4c3,569
Mil.L.Sh.At
West
Atlanta AtChar.'* February,
4th
wk
Dec
72,118
64,495
71,263
3,527,714 3,84 8.568
73,286
131, 822
153,767 Milwaukee AtNo
Atlanta & Flor’ a April.......
2d wk May
30.346
6,166
26,063
571.189
571,035
7,764
Mi
n
era!
Range..
Atlanta & W.Pt. March__
April.........
10,200
42.600
10,077
34.678
3».505
36,538
119,285
130,096
B.&O.EastLines April....... 1,536,772 1,491,344 6.049,988 5,657,277 Minneap. AiSt.L. April......... 136.475 117,355
588.665
478,571
St.P. AtS.S.M.
Wèstern Lines April.......
April......... 240.000 175,331
481,936 451,896 2,010,791 1,743,617 M.
924.432
631,442
Mo.Kan.At
Tex.6
Total
2d wk May 180.388 160,047 2,953,913 2,975,885
A p ril...
2,018,708 1,943.240 8,0b0,779 7,400,893
Bai. ArO.Southw. 2d wk May
2d wk May 424.000 414,000 9,190.556 8,520,419
43,079
42,448
936,394
809,0.27 Mo.Pac.&IronM
& Ohio.. April......... 260,572 281,361 1,134.407 1,185 699
■Bath & Ham’nds March.......
1,775
1,592
4,661
4,529 Mobile
Monterey&M.G
Bir. & Atlantic. April.........
57.970
April.........
72,853
3,598
297,661
293.593
4,333
12,890
18,736 Nash.Ch.AtStL.c
Bir.Sh.AtTenn.R March___
Aprii........ 410,964 299.337 1,663,047 1,256,568
18,608
12,337
56,523
42,097 N.
Jersey
AtN.Y.
Buff. Roch. AtPitt 2d wk May
21,977
March.......
63,990
64,012
19,647
57.129
54,858 1,097,086
946,191
Bur. C.Rap. AtN. IstwkMay
10.721
62,505
45.103
14,571
59,644 1,388,308 1,137,067 New Orl. At So’n A p r il........
56,458
Camden At Atl. March.......
30.851
33.781
101.881 . 110,763 N. Y. C.At H. R.. March....... 3,273,417 3.061,439 9,546,002 8,802,287
RomeW. & Og. March....... 303.867 322.534
Canadian Pacific 2d wk May 368,000 356,000 7,051.270 6,525,062
9*0.908
858.557
both rds. April....... . 3,635.848 3,341,010 14,040,407 13,064,205
Op. F’r &Yad. Val December.
42,590
46,103
583.357
555,209 N. Tot.
Y. L. E. At W. March....... 2,472,480 *.291,280 6.937.673 6.517.962
Car.Cum.G&Ch. February..
4,013
3,889
6.659
7.507
N.
Y.
Pa.
At Ohio March....... 587.518 565.644 1.665.673 1,533,513
Gar. Midland... March.......
5,470
15,072
4,446
17,559
Central of N. J .. December. 1,155.408 1,176,896 14,201,767 13,663,726 N. Y .& N .E ng,. March....... 475,537 481,950 1,360,888 1,345,771
N. Y. AtNorih’n. April.........
Central Pacific.. March....... 1,109,597 1,246,986
4Q.463
37,844
139.840
152,878
Central of S. C.. February..
66,456
55,892 1,070,848
10,698
19,510
976.410
9,966
21,231 N. Y.Ont At W.. 2g wk May
Ghar.Cin. <feChie A p r il........
120,759 108,302
8,600
3 48,542
48,155
10,753
324.925
50,:-90 N.Y. Susq. At W.. March
Charleston & 8av March.......
65,487
97,018
197,778
79,349
238,887 Norf. At South’n. March
Char. Sum. AtNo. April.........
8,864
52.484
5,974
36,579 Norfolk At West.. 2d wk May 202,604 195',515 3,348,774 3,135,697
Oheraw. AtDarl. March.......
84,886
76,710
8.728
209.851
9,892
248,493
24,574
34,930 N’ theast’uCS. C.) March.......
Cheraw.&Salish February..
3,037
4,834
3,465
6,618 North’n Central. March....... 541.081 537,305 1.670.035 1,506.447
Ches. At Ohio.... 2d wk May 150,138 165,883 3,046,701 2,945,570 Northern Pacific 2d wk May 385,846 428,115 7,409,864 7,771,982
Ches. O. & 8. W. April......... 171,026 170,052
Wis. Ct. Lines. 2d wk May
90,812
83,134 1,837,062 1,679,423
Chic. Bur. & No. March....... 185,3'85 172,241
N.P.At W.Cent. 2d wk May 476,658 511,249 9,246,927 9,451,405
496,958
483,807
Chic. Buri, & Q. Maich....... 3,252.756 2.489.279 9.329,940 7,057,013 Ohio At Miss....... 2d wk May
79.207
85,834 1,493,389 1,460.984
Ohic.& East. 111. 2d wk May
13,825
,72,864
14,525
206.412
197,614
45,294 1,390,651 1,294,773 Ohio River........ IstwkMay
Chicago & Erie. March....... 255,375 229.384
50.930
45,529
219,674
199.690
728,879
607,623 Ohio Southern.. April.........
Ohic.Mil.&8t.P. 2d wk May 524,371 477,150 10.977,140 9,0*9,573 Omaha At St. L. . March.......
44,664
39,382
100,260
144,168
Chic. AtN’ thw’n. March....... 2,498,069 2,029,078 7,000.954 5,630,325 Oregon Imp. Co. March....... 307,187 307,958
915,600
859,072
Chio.Peo.&S.L.t 2d wk May
23,025
455,585
19,827
353.420 Pennsylvania .. March . . . . 5,449.804 5,218,706 15,676,642 15,270,501
Chic. R’kI.&P... April
1,336,421 1.267,815 5,353,792 4.608,037 Peoria Dec. AtEv. 2d wk May
14.699
14,396
303,475
319.851
Ohic.St.P.&K.C. IstwkMay
80,844
49,294
84,250 1,550,843 1,359,355 Petersburg....... March___
52,128
138,283
139.306
Chio.8t.P.M.&0. March....... 747,878 550,410 2,015,505 1,493,392 Phila. At E rie... March....... 343,934 325,936 1,057,895
983,528
JOhic. & W. Mien. 2d wk May
Phila. At Read’g . March....... 1.820,593 1,551,400 5.336,581 4,734,407
34,535
28,807
665,296
572,059
Oin. Ga. & Ports. April
Coal AtIronCo. Mareh....... 1,750,966 1,354.963 5.061.035 3,944,371
5,197
5,370
19.459
18,440
Oin. Jack & Mac. 2d wk May
TotalbothCos. March....... 3,571,559 2,906,363 10,397,616 8,678,778
12.596
12,246
237,330
267,870
Oln.N. O. &T.P. IstwkM ay
74.172
69,813 1,433,372 1.445.768 Pitts.Mar. At Ch. April.........
3,553
14,151
13,*42
3,538
Ala. Gt. South. IstwkMay
Pitt.Sben. At L.E. April.........
29.173
28.417
83,136
613,552
32,838
113,814
21,628
645,638
N. on. & N. E. 1st wk May
Pittsb. At West’n January...
19,775
17,609
94,819 107,049
107.049
94,819
419, 33
390,546
Ala At Vicksb. IstwkMay
Pitts.Clev.AiT. January...
9,087
8,705
38,047
29,371
29.371
216,300
38,047
216,784
ViCKS. Sh. & P. IstwkMay
Pitts.Pain.AiF. January...
6,075
6,813
15.589
15,116
15,589
194,5.79
15,116
2 1 1,355
Erlanger Syst. IstwkMay 138.282 135,778 2,876,836 .2,910,11!
Total system 2d wk May
50,004
42,654
703,102
828,857
(finn. Northw’n . April.......
1.759
Pitt. Young. <stA. April......... 118,683
72,614
1,635
241,327
389,6/9
6,185
6,540
Oin. Ports. & V.. April.___
20,002
33,471
1»,5*1
49,437
93,312
69.768
54,677
64,705 Pt. Royal At Aug. February..
Col. & Maysv. A piil.......
.1,634
34.783
1,096
94,461
47,558
4,676
54,089
3,749 Pt.Roy.Ai W.Car. February..
Oin.Wab.&Mich, April.......
Pres.AtAriz.Cen.
67,423
50,652
9,524
April.........
9.660
252,470
32,713
32,800
185,372
Clev. Akron&Co I IstwkMay
18,347
Quincy O. AtK.C. April
H _______
15,074
19,112
19,306
318,512
81,824
90,808
303,301
Clev. & Canton.. March
57,140
44,011
145.926
526,900
432.900
121,915 Rich. AtDauville. January... 432.900 526,900
CT.Cin.Ch.AtS.L, IstwkMay -232,120 231.310 4,474,287 4,391,462
Vir. Midland..'January.., 141,500 183.300
183.300
141,500
Peo. At East’n. IstwkMay
Char. Col. AtAu. Ij anuary...
28,287
27,868
68.500
95,700
95,700
68.500
596,018
520,508
Alley. At Marietta April
28.093
Col At Greenv. January...
31,026
71,600
90.900
90,900
105,111
71.600
115,366
Color. Midland.. IstwkM ay
35,294
West. No. Car. January...
82,500
36,824
63.500
63.500
82,500
695,433
680,863
Col. H. Y. & Tol. April......... 280,353 253,008
Georgia P a c .. January... 182.900 168.300
168.300
182.900
982,357
865,157
Ool.Shawnee&H IstwkMay
Wash.O.At W.. January...
9,417
9,900
9,720
9,900
8,-861
9,720
210,732
144,346
Colusa At Lake.. April.
1,695
11,700
Ashv. At Spart January...
14,000
14,0u0
1,422
11.700
6,422
7,395
Conn. R iver. . . . March.......
9 3 , 1 54
Total Sys’m. 4th wk Apr 236,055 247.155 4,148,300 4,483,105
89,464
255,378
245,418
Current R iver.. lstw k May
84.077
28.414
3,508
80 357
30,779
1,819
55,284
51,186 Rich. At Petersb. M arch.___
Denv. At Rio Gr. 2d wk May 158,300 142,900 3,058,46.-) 2,701,156
5,503
58,634
182,370
Rio Gr’de South. IstwkMay
13,021
*Des M. No. & W April
28,032
43,000
82.8,294
26,372
Rio
Gr.
West.
2d
wk
May
50,150
795,486
126,324
97,194
Det.Bay C.&AJp April
28.700
8,100
9,209
31,429
32,576
2 »,957
121,465
157.408 Sag.TuscolaAtfl. April.. . . . .
Det.Lans’g &No]2dwk May
22,740
20,658
22,290
21,832
469,004
486,448
410,352
406,998 , St.L.A.AiT.H.B’s IstwkMay
Duluth 8.8. & Atl 2d wk May
35.363
St L.Ken’et. AtSo March
3,162
49,*91
1,661
4,609
9,135
713.927
571,095
1
Duluth <&Winn. April,
11,913
66,672
66,550 1,481.416 l,455,9r3
6,223
47,364
25,425 ! St.L. Southw’rn .¡2d wk May
E.Tenn.Va.&Ga. IstwkM ay 115,313 126,118 2,437,700 2,793,452 1 St. Jt*aul At Dul’ th April......... 134,770 114,952
409,262
536,260
Elgin Jol.&East. A p r il........
68,559
50,977
272,832
205,149 San Ant. At A.P—'A p ril.,----- 138,667 134,075
Ebz.Lex.&B.S.., January...
41.596
314
60,740
693
" *3,00Ì
41,596
" 1 ,-6 6
60,740 j Sandersv. At Ten. |April.........
Evans.&Ind’ plis 2d wk May
6,114
14,502
17.014
5,471
225,147
237,275
126,488
115,501 8. Fian.AtN.Pac IstwkMay
Evansv. & T. H. 2d wk May
22,978
38.418
37,432
20,426
436.384
158.746
147,830
411.121 8av. Am. At Mon. April........
Fitchburg.......... March....... 599,419 575,006 1,687,990 1.626,148 1 Sav.Fla. At West. January... 326,624 328,213
328,213
326,624
Flint. &P. Mara. IstwkMay
51,971 1,084,845 1,078,535 I SUverton........... April—___
50,396
nil.
4,271
15.059
7,003
Florence........... February..
5,262
37,392
6.436
33,0u0
140,450
134,044
8,226
12,541 ! Sioux City At No . A p ril.........
Ft. W. & Rio Gr 2d wk May
March___
3,3?6
15,442
9,388
South
Bound...
134,701
40,720
77,583 .
Ft. Worth AtDenv February.. 131,871 110,156
266,610
241,535 So. Pacihc Go.—
Ga. Car’ia <&No February..
14,054
Gal.Har.AtS.A. March.......
12,588
339,516 351,124' 1,032,697
992,202
26,218
23,908
Georgia RR...... March....... 123,245 163,681
85,889
385,336
226,791
Louis’a West.. Maroh___
69,529
¡¿73,479
535,939
Geo. So. At Fla.. April.........
58,952
55,483
Morgan’sLAtT.
March.......
3-8,063 429,378 1,280,232 1,533 965
244,738
236,926
Georget’n At W’r February..
4,050
3.323
N. Y.T.AtMex M arch.___
8,159
33,715
12,39»
8,475
46,132
7,353
Gr. Rap. Atlnd.. 2u wk May
45,911
40,602
878.602
Tex. At N. Ori March___
140,913 122,078
360,067
412,728
815.896
Cin.R.Ac Ft. W. 2d wk May
8.760
7.323
Atlantic sys.tf. March....... 976,087 988,347 3,087,107 3,171,843
163,768
157,943
Other lines. . . 2d wk May
4,327
4,099
86,136
Pacific system to arch.___ 2,682,339 2,721,093| 7,508,628 7.703.157
80,594
Total all lines. 2d wk May
58.998
52,024 1,133,507 1,054,433
Totalof all.. March___ 3,65»,426 3,709,44040,595,733 10,875,000
Grand Trunk... Wk May 14 345,563 330,727 6,8^3,400 6,507,9 i 7 So Pac. RR,—
Chic & Gr.Tr. Wk May 7
72,59*
65,831 1,375.9»2 1.312,301 .Coast Oiv (Cal.»March
164,687 161,8471
______
AMD
R a i l r o a d IwticHxgjcttcje.
THE
M a y 2 1 , 18W.1
Lateit Earning* Reported.
Bo A S S .
Week or Mo 1891-92. 1890-91
«
0o.Pss.KB.- Con
Boa. lmt. (Csi; March....... 613,099
150,789
▲nsons D iv.. March.......
Mew M ax . Dir. M arch .....
81,153
90.800
South Carolina April.........
Spar. Un. A Col February..
10,034
Stats* Isl. R. T. April.........
7 1 ,000
1,594
Stony d . ACM t.. March.......
Bast *nt Branch. April......... 109,496
85,611
Lyke*» Talley A pril........
Tot’l both Co’s April......... 195,107
12,562
Isnn. Midland.. April.........
14,474
Texas Central.. March.......
99,521
Xexaui A Pacific 2d wk May
3,425
Tsx.S. Va AN. W. A p ril...
96.297
XoL A. A.A N M A pril...
5,401
Xol. Col. A Cln. 2d wk May
26,409
Xol.A Ohio Cent. 2d wk May
17,539
Xol. P. A West.. IstwkMay
37,654
Xol. St. L. A K.C. 2d wk May
2,343
Tol. A So. Haven March..
26,836
Ulster A Del___ March..
Union Pacific—
550,692
Or. S.L. AU. IT. March..
326,208
Or.Ry.AN.Co. March..
*35.833
IJn.Pac.D.AG. March..
21,330
St.Jo.AG’dlsl. lstw k May
L.737,407
All oth. lines.. March...
1,143.905
Tot.U.P.Sys. uaroh...
106,324
Csnt.Br.AL.L. March...
1.250,229
Tot. cont’ledl March...
90,268
Montana Un.. M arch...
2,169
Lear.Top. A 8. March...
3,427
Man. Al.A Bur. March.......
95,864
Joint.own’d... March...
Grand total. March.......j 1,298,161
14,850
Varnaont Valley March.......I
Wabash..... ........ 2d wk May 224,400
West Jersey...... March....... 102,976
89,452
W.V.Cen.APitts. April.........
35.298
Wester* of Ala. March.......
62,200
W««t.N.Y. A Pa. 1st wk May
21,018
West Vir. A Pitts. February..
33,261
2d
wk
May
Wheeling A L, JE.
75,013
Wil. Col. A Ang. February..
5,179'
Wrightsv.ATen. A p ril........
Jan. 1 to Latest Date1891-92.
1890-91.
*
532,144
144,138
73,361
112.768
$
621.273
491.293
26,176
18,692
237,291
244,856
3,363
3,942
405,893
423,358
239,850
318,378
695,741
741,736
60,489
52,846
55.402
99,754 2,313,110 2,359,796
13.770
15,095
3,788
329.678
346,558
89,555
120,230
110,298
6,367
492.458
508.915
24,831
307,405
345,224
18.433
603,758
712,575
36,606
5,762
5,659
2,267
60,968
69,423
21,679
12,120
67,352
1,198
105,913
80,455
186,368
14,839
616,610
410,932
389,308
14.700
,715,515
,176.858
53,491
,230,349
80,338
1,549
3.387
85.274
,272,986
13,714
224,300
99,155
95,048
42.701
63,800
7,071
28,076
98,883
6.655
1,487,896
883,393
1,270,784
379.916
5,050,059
8,976.485
317,873
9,294.358
273,092
6,456
9,146
288,693
9,438,704
40,709
4,810,667
280,169
345,811
121,051
1,108.881
39,443
486,331
145,340
22.687
841
CH R O N IC LE ,
1,793,914
1,232.089
1,149,425
252,735
4,562,298
8,884,869
146,391
9,031,260
256.354
6,412
9,488
272,253
9,167,386
38,239
4,406,391
276,963
357,441
155,261
1,141.041
15.054
433,593
206,005
let week o f May.
1892.
1891.
Increase.
$
?
Prcv’ly report’ d (52 roads) 5,745.549 5,538,543
62,505
59,644
Burl. Cedar Bap. A N o...
72.599
65,831
Chicago A Grand Trunk.
12.435
11.544
Cln. Jackson A Mackinaw
138,282
135.778
Cin.N.O. AT.Pac. (5 roads)
18,347
15,074
Cleveland Akron A C ol...
232,120
231.310
Cleve. Cin. Chic. A 8t. L ..
28,287
27,868
Peoria A Eastern..........
8.861
9,417
Col. Shawnee A Hocking.
3,508
1.819
Current River.............. .
19,702
20,392
Detroit Gr. H. A M ilw ...
126,118
115.313
East Tenn. Va. A Ga.......
50.396
51,971
Flint A Pere Marquetti.
3,185
10,145
Ft. Worth A Rio Grande.
53,077
52,284
Intemat’l A Gt. North’n.
26.883
26,808
Jowa Central....................
4,550
5,233
Kansas City Clin. A Spr..
84,382
77,485
Kan. City Ft. S. A Mem..
19,269
17,017
Kan. City Mem. A Birm.
7,010
6,194
Keokuk A Western..........
9,100
11,028
Little Rock A Memnhis..
24,092
20,040
Memphis A Charleston...
13,825
14.525
Ohio River.........................
14,700
21,330
St. Joseph A Gr. Island..
2 <¡,740
22,290
8t. L. Alt. AT. H. Brcues.
14,502
17,014
San Francisco A No. Pac.
17.539
18,433
Toledo Peoria A Western
9
343,546
2.861
6,768
891
2.504
3,273
810
419
556
1,689
690
6,823,017 6,614,876
378,355
208.141
Total (82 roads)............
Net increase (3-15 p.o.)
6,960
_________
75
683
6,630
..........
Decrease.
9
136.54G
19,805
1,575
_______
793
6.897
2,252
816
1,928
4,052
700
_ T ________
450
2,512
894
170,214-
Net Earnings Monthly to Latest Dates.—The following
shows the gross and net earnings to latest dates of all railroads
furnishing monthly statements. The compilation includes
every road from which we can get returns of this character,
and in that form is given once a mouth. Early returns are
published from week to week, as soon as issued, but for the
convenience of our readers all the roads making returns are
brought together here in the week in which we publish our
monthly article on net earnings—say on or about the 30th of
the month. A paragraph mark (TJ) added after the name
of a road indicates that the figures for that road have not pre
32.38S
viously been given, but appear for the first time in this issitc.
-Ret Earnìnos.— —,
— Gross Earnings.---- ,
1892.
1891.
1892.
1891.
$
$
$
Roads.
$
64,021
69,936
197,983
202,977
Allegbeny V alley-.^Mar.
208,824
197,978
571,483
573,543
jan . 1 to Mar. ...3 1
721.044
732,495
At. T. A S. Fe b .......Mar. 2,572,012 2,422,604
Jan. 1 to Mar. 3 1 ... 7,549,131 6,886,055 1,786,689 1,809,001
6,986,991
8,198.551
23,955,968
26,133,240
J uly 1 to Mar. 3 1 ...
Latest Gross Earnings by Weeks.—The latest weekly
7,433
5,938
151.214
R’ ds j ’tly own. l1«) b Mar.. 136,237
■11,841 def.23,764
378,740
401,728
earnings in the foregoing table are separately summed up as
Jan. 1 to Mar. 3 1 ...
dei.27,30*
117,761
1,254,132
July 1 to Mar. 3 1 .... 1,30 7,448
follows:
725,982
739,928
TotalAtob. sys..b.Mar. 2,708,249 2,573.818
Jan.
1 to Mar. 3 1 ... 7,950,862 7,264,795 1,798,530 1,735,236
Out of the 45 roads which have thus far reported their
8,316,310
6,939,68»
Julv 1 to Mar. 3 1 ... 27,440,687 25,210,097
219,232
164,692
505,347
554,181
8t. L.A SanFr...b.M ar.
earnings for the second week of May, only 10 show losses as
544,730
552,175
Jan. 1 to Mar. 3 1 ... 1,532,476 1,465,660
2,232,663
July 1 to Mar. 3 1 ... 5,475,976 5,176,054 2,419,807
compared with last year while 35 show gains. In the aggre
6,631
8,485
148,746
133,439
R’dsi’tlyow n.(1a) bMar.
gate there is a gain of $244,543, or 5 ’35 per cent.
15,357 def.19,750
370.791
393,927
Jan. 1 to Mar. 31. ..
138,483 def. 3,805
July 1 to Mar. 3 1 ... 1,281,263 1,227,075
171,373
227,717
654.093
687,620
Tot. S.L AS.F.Sys.bMar.
Decrease.
524,980
567,532
Increase.
1892
1891.
2d week o f May.
Jan. 1 to Mar. 3 1 ... 1,926,403 I,8a6,451
July 1 to Mar. 3 1 ... 6,757,239 6,403,128 2,558,290 2,278.85»
$
$
*
$
898,355
967,645
Aggregate total, b. Mar. 3,395,869 3,227,911
631
43,079
42,448
Jan. 1 to Mar. 3 1 ... 9,877,265 9,101,246 2,366,062 2,310,217
9,132
63,990
54,858
Buffalo Roch. A Pitisb...
34,197,926 31,613,226 10,874,600 9,238,549
July
1
to
Mar.
3
1
...
12,000
356,000
Canadian Pacific..............
368,000
15,745 Baltimore A Ohio—
165,883
150,138
525,914
487.800
Lines E. Ohio R.blT Apr. 1,554,415 1,414,928
27,570
45,294
72.H64
Chicago A East. Illinois..
Jan. 1 to Apr. 3 0 ... 4,513,216 4,165,933 1,715,422 1.797,615
47.221
477,150
Chicago Milw. A St. Paul.
524,371
3,457,356
3,275,134
Oct. 1 to Apr. 3 0 ... 11,060,163 10,456,667
19,827
3,198
23,025
Chlo.Peoria A St.Louis...
86,575
49,634
5,728
430,253
28,807
518,789
Chicago A West Miohigan
34,535
Unes W. of O.R.bH Apr.
264.630
241,624
15,400
14 -',900
Denver A Rio Grande...
158,300
Jan. 1 to Apr. 3 0 ... 1,528,855 1,291,721
512,065
1,174
573,260
21,832
Detroit Lansing A North.
20,658
Oct. 1 to Apr. 3 0 ... 3,650,467 3,194,582
35,363
14,628
49,991
Duluth S. S. A Atiantio...
612,489
537,434
system__ bfíAi>r. 2,073,203 1,845,180
....... • Total
643
Evansville A Indlanap...
6,114
5,471
6,042,071 5,457,653 1,957,046 2,062,244
Jan.
1
to
Apr.
3
0
...
2,552
20,426
Evans. A Terre Haute....
22.978
14,710,629 13,651,249 3,848,394 3,969,421
Oot.
1
to
Apr.
3
0
...
6,012
3,376
Ft. Worth A Rio Grande.
9,338
Balt. A Potom ac... fiMar.
40,602
5,309
45,911
Grand Rapids A Indiana.
54,742
98,916
394,390
408,173
Jan. 1 to Mar. 3 1 ...
7,323
1,437
8,760
Cincinnati R. A Ft. W . .
64,63067,229
185,723
218,299
4.099
228
4,327
B. AO. Southw.. Hb.Mar.
216,743
183,3o7
541,103
664,175
14,836
330,727
345,563
Grand Trunk of Canada..
Jan. 1 to Mar. 3 1 ...
8,152
3i,351
26,199
Beech Creek.......... IIMar.
2,410
56,278
58,688
Lake Erie A W estern....
171,356
104,233
308,487
307,476
Jan. 1 to Mar. 3 1 ...
1,835
84,327
82,492
4,182 Ben’ ton A Rutland.TTMar,
29,677
25,495
*Louisv. Evansv. A St. L.
6,350 def.42,11548,397
51,252
Jan. 1 to Mar. 3 1 ...
347,810
41,480
389,290
Louisville A Nashville...
1,374.
def. 3 87
4,539
3,230
53,952
1,626
Louis. N. Albany A Chlo.
55,578
Birm. A Atlantic..bfí Mar,
3,580def. 178
14,403
9,292
2,139
9,803
11,942
Jan. 1 to Mar. 3 1 ...
Louisville St. L. A Texas.
18,010
5,546
53,396
32,672
18,983
129,986
148,969
July 1 to Mar. 3 1 ...
Mexican Central.............
5,033 Bir.Shef. ATenn. RbflMar.
82,108
3,441.
77,075
7,097
12,337
18,608
26,063
4,283
30,346
Milwaukee A Northern..
13,536
23,263
42,097
56,523
Jan. 1 to Mar. 3 1 ...
20,341
160,047
180,388
57,98361,162
218,396
230,006
Buff. Roch. A Pittsb.Mar.
414,000
lO.OoO
424,000
Mo. Pacific A Iron M t...
133,865
188,016
590,173
697,296
Jan. 1 to Mar. 3 1 ...
10,564
55,892
New York Ont. A West.
66,456
462,180675.090
1,816,603
2,190,932
Julv
1
to
Mar.
3
1
...
195,015
7,589
Norfolk A Western........
202,604
113,700142,068
305,571
42,269 Burl. Ced.R.A No. a HMar.
364,538
428,115
385,8*6
261,188
350,139
823,156
Wisconsin Central lines
83,134
7.678
90,812
Jan. I t o Mar. 3 1 ... 1,032,846
Ó07
.......
6,627 Camden A Atlan. aUMar.
Ohio A Mississippi..........
85,834
79,207
33,781 def. 3,487
30,851
Peoria Deo. A Evansv...
303
14,699
14,396
110,763 def.33,140 def.19,115
101,881
Jan. 1 to Mar. 3 1 ...
Pittsburg A Western.......
42,654
7,350
50,004
497,040
503,406
Canadian Pacific.a..Mar. 1,589,799 1,510,039
Rio Grande Western___
7,150
43,000
50,150
Jan. 1 to Mar. 3 1 ... 4,655,270 4,213,754 1,437,717 1,163,586
St. Louis Houttiweatern..
122
66,672
66,550
553,760
442,559
233 Central P acific.. .bUMar. 1,109,597 1,246,986
99,521
98,754
966 Char. Cin. A Chio...fíMar.
5,401
Toledo Col. A Cincinnati.
6,367
13,361 def. 1,377 def. 1,723
14,284
Toledo A Ohio Central - ..
24,831
26,409
1,578
1,371
39,637
40,839
Jan. 1 to Mar. 3 1 ...
Toledo St. L A Kan. City
37,654
36,606
1,048
4,409
3,075
9.892
8,728
222.400
224,300
1,900 CherawADarl’tonfl bMar.
8,992
17,877
34,930
24,754
Jan. 1 to Mar. 3 1 ...
33,261
28,076
Wheeling A Lake Erie...
5,185
152,686
665,660
149,825
684,821
Chesaneake&Ohio a. Mar.
483,542
159,561
79,964
Total (45 roads)___.... 4,901,702 4,657,160 324,5 06
Jan. 1 to Mar. 3 1 ... 2,093,697 1,943,397
1,611,4951,786,640
6,055,065
6,895,722
July
1
to
Mar.
3
1
...
244,542
Met increase (5-25 p. c.)..
50,710
173.344
53,516
182,638
Ches.O. A Southw.UbMar.
* Decrease caused by floods at East St. Louis.
73,060
172,241
185,385
73,053
Chlc.Bur.A North. b..Mar.
185,561
172.622
433,807
496,958
Jan. 1 to Mar. 3 1 ...
The final statement for the first week of May covers 83 roads,
901,512
Chic. Burl. A Quin. b . Mar. 3,252,756 2,489,279 1,178,233
Jan. 1 to Mar. 3 1 ... 9,329,940 7,057,013, 6,200,707 2,123,811
and shows 3*15 per cent gain.
* Figures coyer only that part of mileage located in South
t Karnings given are on whole Jacksonville Southeastern
» Kansas City A Pacific included in both years, c Western
Me included in 1892, but not in 1891.
d Includes earnings
riee, etc-., not given separately.
1 Mexican ourrencv.
Carolina
SystemA Atlan
from fer
'842
/■— Gross Earnings.—
1892..
1891.
Moads.
$
$
•Ohio. Mil.A8t.Paul.aMar. 2.741,041 2,131.893
Jan. 1 to Már. 3 1 ... 7,466,060 5,957,081
’
July I to Mar. 31...25,019,095 21,153,502
Ohio. A West Mich, a Mar.
167,443
136,792
Jan. 1 to Mar. 3 1 ...
368,083
428,115
Cin. Jack. & Mack. IfMar.
57,324
66,246
Jan. 1 to M r. 3 1 ...
160,611
187.298
560,342
July 1 to Mar. 3 1 ...
537,664
347,302
Cin.N.O. A Tex. P.TTaMar.
342,103
Jan. 1 to Mar. 3 1 ... 1,030,502 1,032,553
July 1 to Mar. 31. .. 3,317,304 3,360,295
154,837
141,998
Ala. Gt. 8outh’n1f ». Mar.
456,236
462,701
Jan. 1 to Mar. 3 1 ...
July 1 to Mar. 3 1 ... 1,471,284 1,498,126
98.104
92.300
N. O. & No’east.fJaMar.
308,503
Jan. 1 to Mar. 3 1 ...
285,681
985,781
879,126
July 1 to Mar. 3 1 ...
48,972
Alabama &Viokif a Mar.
52,774
Jan. 1 to Mar. 31.. 1 163,735
162,579
557,432
July 1 to Mar. 3 1 ...
517,853
Vicks. Sh.&Pac.aH Mar.
42,948
51,206
Jan. 1 to Mar. 3 1 ...
153,829
162,101
July 1 to Mar. 3 1 ...
530,226
516,591
Total system. ..alTMar.
674,124
69^419
Jan. 1 to Mar. 3 1 ... 2,112,805 2,106,615
July 1 to Mar. 3 1 ... 6,862,027 6,771,992
Oin. Ports. & Vlr.1fb.Mar.
18,701
15,968
Jan. 1 to Mar. 3 1 ...
4 »,766
46.114
Oin. Wab. A Micb.1faMar.
66,295
47,228
Jan. 1 to Mar. 3 1 ...
185,047
134,720
d e v . Akron &Col.*1f Mar.
79,101
73,249
Jan. I t o Mar. 3 1 ...
213,818 . 208,642
July 1 to Mar. 3 1 ...
709,201
666,008
d e v e l. & Canton.. b . Mar.
57,146
44,011
Jan. I to Mar. 3 1 ...
145,926
121,915
July 1 to Mar. 3 1 ..¿ 550,445
456,554
d e v . Cin. C.& St. LI. aMar. 1,110,601 1,056,608
Jan. 1 to Mar. 3 1 ... 3.198,962 3,120,100
July 1 to Mar. 31 .. 10,511.174 10,006,913
Peoria & E. Div..aMar.
14C,865
129.363
Jan. 1 to Mar. 3 1 ...
431,464
366,969
July 1 to Mar. 3 1 ... 1,417,256 1,150,063
d e v e . Lor.& Wheel. IfMar.
Jan. 1 to Mar. 3 1 ...
294,520
258,137
d e v e . & Mariettalf.Mar.
27,099
32,711
Jau. 1 to Mar. 3 1 ...
77,018
84,340
July 1 to Mar. 3 1 ...
253,978
277,031
Colorado Fuel C o....F eb.
Jan. 1 to Feb. 2 9 ...
July 1 to Feb. 2 9 ...
Colorado Midland.b.Mar.
158,218
163.524
Jan. 1 to viar. 3 1 ...
430>663
474,336
July 1 to Mar. 3 1 ... 1,544,998 1,454,747
Col. H. V. & T ol....b F eb .
221,630
178,170
Jan. 1 to Feb. 2 9 ...
469,229
387,468
Cumberland Val...1fMar.
Jan 1 to Mar. 3 1 ...
200,838
236,287
-Deny. & R. GrandebMar.
698,733
605,213
Jan. 1 to Mar. 3 1 ... 2,127,068 1,813,056
July 1 to Mar. 3 1 ... 6,745,488 6,797,989
■Des Mo.No.*W.1f..bMar.
33,869
27,001
Jan. 1 to Mar. 3 1 ...
98,292
70.822
Det.Bay City&Al.bfi Mar.
34,075
35,560
Jan. 1 to Mar. 3 1 ...
92,765
124,832
Det. Lana. & North, a Mar.
98,908
93,800
Jan. 1 to Mar. 3 1 ...
274,755
263,493
Duluth & Iron Rge.UMar.
Jan. 1 to Mar. 3 1 ...
91,552
60,652
Duluth S. 8. & A tl... .Feb.
142,208
114,954
Jan. 1 to Feb. 2 9 ...
270,893
238,457
Elgin Joliet & E . .alfMar.
74.3*5
58,208
Jan. 1 to Mar. 3 1 ...
204,273
154,170
July 1 to Mar. 3 1 ...
621,391
473,882
Flint&Pere Marq.a,.Mar.
307,539
286,794
Jan. 1 to Mar. 3 1 ...
805,923
767,095
Eia. Cen. A Penin.blfMar.
Jan. 1 to Mar. 31___
498,432
390,346
July 1 to Mar. 3 1 ... 1,255,012
991,498
"Georgia R R .... ..ifaMar.
123,245
163,681
Jan. 1 to Mar. 3 1 ... . 385,336
535,939
July 1 to Mar. 3 1 ... 1,275,806 1,522,245
■Qa.South’n & Fla.b IfMar.
63,635
58.283
Jan. 1 to Mar. 3 1 ...
188,786
181,443
July 1 to Mar. 3 1 ...
590,654
597,105
Grand Rap. & I.sys.lfMar.
285,364
262,062
Jan. 1 to Mar. 3 1 ...
750,027
693,223
£
£
Grand Tr’k of Can. If Mar.
345,605
312,122
Jan. 1 to Mar. 3 1 ...
927,851
879,866
Chic. A Grand Tr..lf Mar.
75,904
69,219
Jan. 1 to Mar. 3 1 ...
204,626
194,100
Det Gr. H. A Mil..if Mar.
21,261
19,426
Jan. 1 to Mar. 3 1 ...
58,477
54,247
$
$
G ulf A Chicago..Ifb Mar.
3.098
3,099
Jan. 1 to Mar. i l l . . .
9.098
9,226
Illinois Central___aMar. 1,566,666 1,425,330
Jan. 1 to Mar. 3 1 ... 4,641,661 4,349,822
July 1 to Mar. 3 1 ...114,817,274
4,
13,670,084
Ind. 111. & Iow a., .ifMar.
Jan. 1 to Mar. 3 1 ...
178,570
125,626
Ind. D e c.* West...1fMar.
36,923
36,510
Jan. 1 to Mar. 3 1 ...
118,584
109,957
July 1 to Mar. 3 1 ...
397,217
367,760
Int. A Great N or... IfMar.
282,857
273,906
Jan. 1 to Mar. 3 1 ...
866,173
846,140
Iowa Central.b........ Mar.
145,823
152,684
Jan. 1 to Mar. 3 1 ...
470,041
426,084
July 1 to Mar. 3 1 ... 1,496,160 1,364,150
iron Railway...... b 1fMar.
2,620
3,803
Jan. 1 to Mar. 3 1 ...
7,305
9,734
Jack. Tam. & K. W.lfApr.
75,443
75;470
Jan. 1 to Apr. 3 0 ...
364,693
348;522
July 1 to Apr. 3 0 ...
679,804
604,292
THE
C H R O N IC L E .
-Net Earnings.—
1891.
1892.
S
$
753.098
1,074.006
2,337,151 1,684,610
9,396,330 7,314,509
44.265
45.742
95,700
97,273
17,482
17,130
43,122
35,658
144,804
140,422
107,070
61,047
303,529
2 :7.923
911,148 1,054,967
58,731
21,149
16 ■‘,247
95,461
488,076
364,617
24.911
20,000
69,915
61,000
208,152
233,000
9,221
2,000
39,950
27,000
145,762
139,000
3,000
17,632
38,000
55,221
167.000
151.066
217,565
107,196
636,862
449,384
1,814,765 2,048,024
2,288
845
3,887 def.1,830
11,043
23,766
30,705
52,427
23,873
15.893
53.188
46,918
190,313
174.639
20,947
15,529
50,234
37,962
191,982
163.540
289.530
285,264
849,565
847,830
3,097,692 2,931,198
41,647
25,115
121,649
64,112
405,887
216,322
38,265
7,167
17,862
65,152
22,304
73,734
232,566
30,898
114,155
404,727
75,959
176,898
57,074
9,116
21,008
68,380
23,613
51.760
210.536
39,687
124,321
461,984
65,464
143,486
71,402
92,342
279,579
123,712
894,622
453,836
2,896,025 2,597,292
17,568
11,747
42,241
25,210
16,580
14,111
39,461
56,314
23,049
25,776
51,637
65,547
12,461 def.25,807
23,346
17,722
45,185
48,174
25,858
23,186
63,265
50,696
221,028
150,204
97,462
90,546
231,525
188,079
204,760
122,062
439,669
244,543
11,993
54,877
62,315
200,185
283,996
584,119
16,700
16,710
.49,734
52,394
206,279
179,049
82,703
76,826
199,144
194,775
£
£
98,958
80,674
21 ¿,991
187,951
21,225
18,247
48,011
47,243
4,309
4,247
8,856
8,117
%
$
def.298
def.161
def.2,464 def. 1,388
431,851
358,100
1,207,088 1,196.412
4,313,731 4,246,332
59,888
42.798
7,423
10,010
34,084
29,750
103.804
108,352
def.27,935 def.51,475
d9f.50.492 def.99,562
38,124
52,952
129.481
145,929
475,957
444,242
40
2,078
234
4,209
36,438
36,153
186,731
174,511
306,822
220.115
.[Voi* LIV.
,---- Gross Earnings.-----,..----- Net Earning8.— ,
1892.
Roads.
1891.
1891.
1892.
Ran.C. Ft.S.&Mem.aMar.
441,961
403,320
103.939
107.692
1,234,041 1,144,673
305.944
294.255
. 3,865,317 3,616,313 1,145,338 1,018,310
Kan. C. Mem. A JBir.aMar.
90,217
94,783
4,701
11.611
Jan. 1 to Mar. 31.A
295.986
29,%973
62,070
43.337
July 1 to Mar. 3 1 ...
945.516
928,568
224.530
223,718
Keokuk &West’n. b1f War.
35,891
33,025
16,644
16,341
Jan. 1 to Mar 3 1 ...
105,178
93,278
45,930
42,829
L.ErieAll.&SouthalfMar.
7:308
6,360
2,377
978
Jan. 1 to Mar. -)1 ;..
19,815
16,770
1,806
5,387
L. Erie & West’n.blfMi .
276,075
253,454
123.577
117,407
Jan. 1 to War. 3L .
824,679
732,287
343,674
317,990
Leh.& Hud. River. IfbMar..
26,939
33,204
12,797
11,597
Jan. 1 to Mar. 3 1 ...
85,818
92,658
40,866
28.859
July 1 to Mar. 31 . 290,773
289,379
99,492
137,889
. 4,027,812
. 1,758,4'W
. 5,124,647
.16.185.820
Louisv. N. Alb. & C..Mar.. 261,004
Jan. 1 to Mar. 3 1 ....
692,053
Louisv.N.O.&Tex..b Feb.. 366,342
Jan. 1 to Feb. 29
716,768
Louisv. SÍ.L.& Tex. If.M :.
50,948
Jan. 1 to Mar. 3 1 ...
162,745
Maine Central........ IfMar.
Jan. 1 to Mar. 3 1 .... 1,009,859
. 63 v,665
Jan. 1 to Mar. 3 1 .... 1,856,037
Mexican National.. . Mar.. 348,258
Jan. 1 to Mar. 3 1 .... 992,784
Milw. A N orth.».„IfM ar.. 136.002
Jan. 1 to Mar. 3 1 .... 3 5,531
July 1 to Mai. 3 1 .... 1,344,230
Minn. & St. Louis.a..Mar.. 163,473
Jan. 1 to Mar. 3 1 ...
452,190
July 1 to Mar. 3 Í .... 1,529, ,50
Minn.8t.P.& S.S. M.ITMar.. 262.483
Jan. 1 to Mar. 3 1 ...
684,432
, 2,169,242
. 6,381,127
86,426
Jan. 1 to Feb. 29. . 165,164
Nash. Chat. A St. L.tbApr.. 410,964
Jan. 1 to Apr 30.. . 1,663,047
. 4,534,184
3,027,835
542,740
2~4,064
1,552,039
664,518
559.654
4.672,335 1,803,380 1,740,745
14,706,711 5,815,847 5,534,514
90,635
217,888
36,773
594,739
190,250
65,249
87,890
71,820
308,718
162,140
686,430
196.566
16,804
38,411
15,780
40,970
110,889
58,031
225.743
339,981
909,790
208,693
558,009
168,934
549,901
630,190
1,679,908
98.640
360,623
107,120
294,140
1,044,497
291,464
50,632
50,353
131,695
126,142
98,945
376,735
472,181
500,u80
1,229,846
65.380
77,765
139.137
210,062
152,146
361,216
458,521
673,668
1,221,495
60,972
108,081
169,926
149,993
224,511
456,111
419,919
1,943,052
533,781
5,763,044 1,490,436 1,226,687
74,698
28,139
148,103
46,461
141,423
111.675
299/337
477,065
607,975
1,256,568
3,331,566 1,738,355 1,349,275
Jan. 1 to Mar.
64,012
57,129 def. 16,448 def. 10,903
New Oil. & South alfMar,
9,952
11,611 def.1,338 def.2,533
Jan. 1 to Mar. 3 1 ...
34,382
def. 178
41,887 def.2,120
809,406
. 2,472,480 2,291,280
869,890
. 6,937,673 6,517,962 1,982,894 2,074,800
.15,137,405 14,122,760 4,695,313 4,642,656
4.774
N.Y. & Northern, bl). Mar,
36,610
1,068
35,598
8,921
Jan. 1 to Mar. 3 1 ...
5,924
112,414
101,996
62,771
July 1 to Mar. 3 1 .... 387,688
59,726
351,037
45.289
N .Y . Ont.&West’ na.Mar..
230,204
41,427
251,916
100,361
Jan. 1 to Mar. 3 1 ...
642,033 ■ 95,123
671,026
469,599
July 1 to Mar. 3 1 ..., 2,344,876 2,068,798
553,055
42,286
N. Y. Sus. & W est.b. Mar..
47,549
108,302
120,759
128,032
Jan. 1 to Mar. 3 1 ....
139,303
348,542
324,925
Norfolk & Southern—
Jan. 1 to Mar. 3 1 ...
33,678
97,018
227,755
N orfolk* West’n.a-.Mar.
216,035
726,135
774,249
585,235
Jan. 1 to Mar. 3 1 .... 2,245,203 2,047,272
588,294
144,647
Northern Central. b . Mar,'. 544,081
143,847
537,305
408,419
Jan. 1 to Mar. 31. .,. 1,670,035 1,506,447
462,166
Northeastern........ IfMar.
128,991
Jan. 1 to Mar. 3 1 ...
88,510
209,851
248,493
678,252
Northern Pacific.IT b.Mar.. 1,878,678 1,777,946
786,057
Jan. 1 to Mar. 3 1 .... 4,861,030 5,000,066 1,651,135 1,713,883
July 1 to Mar. 3 1 ....19,115,563 19,447,680 8,006,280 8,232,635
156,932
Wis. Cent, lines.IfbMar.. 490,480
186,356
406.576
350,291
370,812
Jan. 1 to Mar. 31.
1,252,643 1,104,798
4.154,218 4,023,364 1,543,000 1,466.122
835,184
972,413
, 2,369,164 2,184.522
Jan. 1 to Mar. 3 1 ..,. 6,116,674 6.104,864 2,021,948 2,064,174
9,698,756
. July 1 to Mar. 3 1 ....23,269,780 23,471,544 9,549,282
111,738
65,832
Ohio & Mississippi.a viar.. 338,989
348,427
248,523
Jan. 1 to M tr. 3 1 .... 1,031,097
206,514
982,605
882,452
881,865
July 1 to Mar. 3 1 .... 3,318,898 3,162,103
12,097
17,147
Ohio River.b............Mar.
49,614
48,210
41,495
50,063
Jan. 1 to Mar. 31
134,557
140,887
39,884
62,441
Oregon Imp. C o.a...M ar.. 307,187
307,958
133,272
147,179
Jan. 1 to Mar. 3 1 .... 859,072
915,600
186,230
187,462
Dec. 1 to Mar. 31. . 1,156,910 1,257,984
Penn. (east P. A E.).Ma . 5.449,804 5.218.706 1,644,275 1,587,425
Jan. 1 to Mar. 31. .15,676,642 15,270.501 4,290,758 4,323,613
I n c . 369,480
Lines west of P. &E. Ma \
I n o . 765,030
I n c . 561,838
In c. 1,493,624
Jan. 1 to Mar. 31.
19,835
49,294
26,367
Petersburg_____ air Mar.
52,128
49,382
69,753
139,306
138,283
Jan. 1 to Mar. 3 1 ...
140,503
384,969
185,970
July 1 to Mar. 3 1 .... 377,996
343,934
101,861
82.257
Philadelphia* Erie.. Mar.
325,938
275,945
309,386
. 1,057,895
983,528
734,802
593,366
. 1,820,593 1,551,400
. 5,336,581 4,734,407 2,240,318 1,903,835
. 7,218,104 6,420,518 3,148,003 2,603,484
296 df. 14 4,332
. 1,750,966 1,354,963
Jan. 1 to Mar. 31 . 5,061,035 3,944,371 def.25,804 df.240,523
46,519
df.230,656
Dec. 1 to Mar. 31 . 6,845,457 5,550,747
449,034
Total both Co’s ___Mar. . 3,571,559 2,906,363
735,098
.10,397,616 8,679.778 2,214,514 1,663,311
.14,063,561 11,971,265 3,194,523 2,372,827
Phil.Wilm. & Balt.1T.Mar.
17a,05Í
Jan. 1 to Mar. 3 1 ... 1,644,647 1,134,304
301,152
Inc. 28,736
'.
. Inc. 178,663
Inc. 130,145
.
Inc. i557,729
832
603
3,981
3,808
10,613
767
2,005
Jan. 1 to Mar. 3 0 ...
10,389
Pitts. Youngs. & A.H Apr. 118,682
72,614
50,322
27,316
Jan. 1 to Apr. 3 0 ... 389,679
241,327
139,678
67,973
H at 21, 1892.J
THE
C H R O N IC L E .
-Net Earnings.-—Gross Eam ings1891.
1892.
1891.
1892.
»
$
$
$
729
3,869
9,854
8,176
def. 94
7.748
23,189
23,140
5,477
20.369
22,092
6,788
<Jnin.Om. & K. C .blfM ar.
20,144
25,194
71,696
62,519
Jan, 1 to Mar. 3 1 ...
Blch. & Danv. 8ys,b.Mar.
July 1 to Mar. 8 1 ;..]LO,474.216 10,612,983 4,040,970 3,750,438
■Rich. Fred. & Pot. ’FMar...
83,058
188,038
Jan. 1 to March 31...
187,651
86.167
4,408
10,084
2«, 414
30,779
Bloh. de Petersb’gaTI Mar.
18,228
23,309
80.357
84,077
Jan. 1 to Mar. 3 1 ...
67,«20
64,889
236,779
July 1 to Mar. 3 1 ...
243,568
6,639
21,954
12,184
42,174
Bio GrandeSouth’n. IFMar.
20,544
64,573
36,735
Jan. 1 to Mar. 3 1 ...
125,068
49,880
53,400
174,718
190,607
Rio Grande West’n . bMar.
164.833
153,083
526.086
536,244
Jan. 1 to Mar. 3 1 ...
675,543
742,945
July 1 to Mar. 3 1 ... 1,982,279 1,725,739
2,105
7,662
2,418
7,740
Sag. Tus. & HuronaTFMar.
4,548
6,765
20,857
22,005
Jau. 1 to Mar. 3 1 ...
51.270
54,798
122,449
116,968
flt.L.A.&T.H.bclis.b.Feb.
105.014
96,026
230,704
236,080
Jan. 1 to Feb. 2 9 ...
2,320
1,661
3,162
St. L. Eennett & So.TfMar.
6,500
4,609
9,135
Jan. l to Mar. 3 1 ...
St. L. Soutbwest’ii. TfMar.
105,452 df.110,359
Jau. 1 to Mar. 3 1 ... 1,055,647 1,033,717
108,471
33,505
60,180
149,310
St. Paul & Duluth, b. Mar.
294,310
161.971
77,354
401,490
Jan. 1 to Mar. 3 1 ...
608.185
429,674
July 1 to Mar. 3 1 ... 1,483,116 1,168.114
17,480
18,586
62,795
64,585
San Fran, de N Pao.aApr.
36,202
34.974
208,134
222,773
Jan. 1 to Apr. 3 0 ...
218.445
259,311
675,533
731,906
July 1 to Apr. 3 0 ...
14,994
13,188
37,212
38,613
Sav. Am. & Mont...Mar.
121,314
39,581
48.456
109,412
Jan. 1 to Mar. 3 1 ...
168,208
380,927
146,258
379,023
July 1 to Mar. 3 1 ...
def.972
nil.
144
Sllverton.......... H. Mar.
7,003
10,788 def.2,762
Jan. 1 to Mar. 3 1 ...
14,810
37,263
15,097
34,609
S iou x City de Nor.IFbMar.
44,602
42.972
103,058
101,044
Jan. 1 to Mar. 3 1 ...
54,602
153,842
42,643
135,417
iSouth Carolina ...b ll Mar.
116,314
175,361
400,492
508,505
Jan. 1 to Mar. 3 1 ...
440,950
528,125
July 1 to Mar. S i ... 1,24 ,531 1,371,157
183,441
31,337
65,388
193,869
Southern California.Mar.
539,029
304,310
July 1 to Mar. 3 1 ... 1,640,264 1,391,939
Southern Pacific Co.—"
52,192
77,965
351,124
339,516
Gal. Har. <&S.AntTFb Mar
194,264
140,816
992,202
Jan. 1 to Mar. 31. 1,032,697
20,364
69,529
39,243
85,889
LouisianaWest.TFbMar.
65,862
226,791
133,286
273,479
Jan. I t o Mar. 31..
73,655
41,451
388,063
429,379
Morgan’aLa.&T.U bMar
260,853
473,687
Jan. 1 to Mar. 31.. 1,280,232 1,533,965
8,475 def.3,166 def.7,764
12,398
N.Y.Tex. & Mex.H bMar
5,706 def. 12,978
46,13 i
33,715
Jan. I t o Mar. 31..
50,642
57,086
140,913
122,078
Texas <&N. Orl.Tfb.Mar.
125,094
167,720
412,728
360,067
Jan. 1 to Mar. 31..
213,534
188,405
988,347
976,087
Tot. Atlan.sys.TFII bMar.
779,127
769,734
3.087,107 3,171,843
2,682,339 2,721,093 1,012,277 1,003,718
2,726,706
7,506,628 7,703,157 2,474,798
3,658,426 3,709,440 1,200,682 1,217,252
10,595,733 10,875,000 3,244,531 3,499,833
68,994
72,407
164,687
161,847
Coast Division b. IfMar.
166,333
532,144
243,650
Bouth’nDiyision bTFMar.. 613,099
21,25*2
45,318
150,789
144,138.
' Arizona Divis’n. bTFMar.
25,707
87,077
81,453
73,361
Ne w Mexi co Di v . b UMar.
9,137
8,595
57,772
61,597
Staten I. Rapid Tr. bTFMar.
14,912
17,589
173,856
170,039
Jan. 1 to Mar. a l . . .
241,830
249,197
761,355
752,403
July 1 to Mar. 3 1 ...
def. 334
def. 150
1,594
1,198
Stony Clove&C. M. bTI Mar.
3,942
def.807 def.1,039
3,363
Jan. 1 to Mar. 31.. |
2,547
109,496
105,913
def. 898
Summit Branch... IFApr.
36,100
39,276
405,893
423,358
Jan. 1 to Apr. 3 0 ...
85,6 LI
80,455 def. 10,694 def. 3,37 8
Lykens Valley... TFApr.
13,606 def. 3,118
289,850
318,378
Jan. 1 to Apr. 3 0 ...
def.830
195,107
186,368 def.ll,5 9 2
Total both Co’ s.. TFApr.
32,982
52,902
695,741
741,736
Jan. 1 to Apr. 30..
62,500
52,200
Tenn. Coal & I’n Co. TFApr.
194,700
202,800
Jan. 1 to Apr. 30..
4,057
15,592
749
11,682
Tenn. Midland...bTFMar.
11,557
4,237
40,284
45,649.
. Jan. 1 to Mar. 3 i . . .
825
803
3,725
3,638
Tex. Sab.V. & N. W.TFMar.
2,457
9,982
3,558
11,670
Jan. 1 to Mar. 3 1 ...
10,556
10,906
25,890
28,827
Toledo Col. & Cin.bH Mar.
33,652
72,594
77,583
25 415
Jan. 1 to Mar. 3 1 ...
89,239
79,4o4
248,925
238,490
July 1 to Mar. 3 1 ...
46,546
115,339
37,842
106,787
Toledo de O. Cent...bMar.
104,653
314.141
100,318
327,604
Jan. 1 to Mar. 3 1 ...
386,547
408,072
July 1 to Mar. 31.. 1,168,203 1,151,459
16,705
21,137
81,889
71,237
T 0l.Pe 0riad5West.bTI Mar.
52,297
215,242
72,423
253,602
Jan. 1 to Mar. 3 1 ...
186,916
705.261
238,677
799,698
July 1 to Mar, 3 1 ...
654
1,782
636
Tol. & So. Haven..TJ .Feb.
• 1,784
1,104
3,495
63«
Jan. 1 to Feb. 2 9 ...
3,316
7,437
8,038
Ulster&Delawareb1J Mar.
26,836
21,679
16,931
13,154
Jan. 1 to Mar. 3 1 ...
60,968
69,428
110,364
103,841
July 1 to Mar. 3 1 ...
298,041
278,938
Union Paciflo—
229,464
Oreg. S. L. dtU. N.TFMar.
550,692
616,610
194,937
712,489
Jan. 1 to Mar. 3 i . 1,487,896 1,793,914
491,590
110,318
•Ore. By. de N. Co..11Mar.
410,932
326,208
39,605
340,268
Jan. 1 to Mar. 31.
883,393 1,232,089
76,407
63,960
Un.Pao.D.&Gulf..TFMar.
435,833
389,308
65,928
1,270,784 1,149,425
172,355
203,589
18,696
93,765
64,493
35,847
29,674
Jan. 1 to Mar. 31.
284,353
167,143
120,076
. 1,737,407 1,715,515
641,480
594,421
5,050,059 4,562,296 1,803,926 1,441,115
3,143,905 3,176,858
977,797 1,016,859
8,976,485 8,884,869 2,695,588 2,695,902
106,324
53,491
5,857
48,701
Cen.Br.de Leas. L..TF Mar.
146,391
def. 40
317,873
142,287
Jan. 1 to Mar. 3 ! . .
3,250,229 3,230,349 1,026,498 1,022,716
9,294,358 9,031,260 2,837,875 2,695,862
Roads.
P res, de Arie. Cent. IfMar.
Jan. 1 to Mar. 3 1 ...
843
Gross Earnings.-Net Earnings.-----,
1892.
1892.
1891.
1891.
Roads.
S
8
$
Union Pacific (concluded)—
Montana Union...TFMar.
90,268
19,605 def.l 2,318
80,338
273Ì092
Jan. 1 to Mar. 3 1 .;
256,354
54,2u5
21,967
Leav. Top. dc 8. W TFMar.
2,169
1,549 def.2,184 def.2,473
6,456
6,412 def.5,613 def. 7,544
Jan. 1 to Mar. 3 1 .:’
3,427
3,387
Man. Alma A Bur.TFMar.
80
988
9,146
Jan. 1 to Mar. 3 1 ..
9,488 d e f.l,421
def.482
95,864
85,274
17,501 def. 13,803
Total y tlv owned.1l Mar.
272,253
288,693
47,171
13,941
Jan. 1 to Mar. 31..
,298.161 3,272 986 1,035.249 1,015.815
Grand total___TFMar. 8,298.161
9,167,386
2,861,460
,438,704
2,702,832
Jan. 1 to Mar. 31.
273,451
291,573
W abash.b........... ... .Mar. .134,705 1,023,339
717,451
701,294
Jan. 1 to Mar. 3 1 ... 1,350,715 2,962,822
2,918,420
9,947,198
2,719,345
July 1 to Mar. 3 1 ... L,257,984
25,6.34
99,155
22,918
102,976
West Jersey &Brs*aTFMar.
43,897
26,946
276,963
280,169
Jan. 1 to Mar. 3 1 ...
30.990
95,048 „ 23,996
89,453
W.Va. Cent.dtPitt8.1FApr.
119,873
357,441
119,631
345.812
Jan. 1 to Apr. 30. .
87,293
81.580
275,016
266,628
West. N. Y. A Pen. b
Mar.
231.459
227,156
808,766
782.681
Jan. 1 to Mar. 3 1 ...
881,421
849,151
July 1 to Mar. 3 1 ... !,750,287 2,695,721
8,102
9,068
Whitebr’stFuel Co...Feb.
18.474
23,8 »0
Jan. 1 to Feb. 2 9 ...
100.803
80.978
July 1 to Feb. 2 9 ...
2.772
2,325
7,898
6,205
Wrights. &Tenn’le.. TFMar.
12,009
5,983
25,728
Jan. 1 to Mar. 31 ..
17,508
25,509
21,325
56,170
75,594
July 1 to Mar. 3 1 ...
IFA paragraph mark added after the name of a road indicates that
the figures for that road have not previously been given, but appear
for the first time in this issue,
a Net earnings here given are after deducting taxes,
b Net earnings here given are before deducting taxes,
c Net earnings are here sriven after deducting taxes on property,
t Figures for April and July 1 to date this year include Western
A Atlantic.
II Including income from ferries, Ac.
Interest Charges and Surplus.—The following roadg, in
addition to their gross and net earnings given above, also
report charges for interest, &c., with the surplus or deficit
»bove or below those charges.
—Inter’ t, rentals, Ac.—, S a l . o f Net Earns.—,
1891.
1892.
1891.
1892.
$
$
$
$
26,500
16,000
36,000
36,200
Tenn. Coal & Iron Co. Apr,
50,700
58,200
144,600
144,000
Jan. 1 to Apr. 3 0 ...
Roads.
AN NU AL R EPO R TS.
Canadian Pacific Railway.
("For the year ending December 31, 1891.^
The report of Mr. W . C. Van Horne, President of this trunk
line across the Continent, will be found at some length on
another page; also the balance sheet as of Dec., 1891, and gen
eral statistics. There is no railroad outside of “ the States ”
which has so much interest for our railroad men and finan
ciers as the Canadian Pacific, as it is a direct competitor for
traffic at many points, and its financial success as an enter
prise, assisted by the Dominion Government, has been quite
pronounced.
The geographical position of the Canadian Pacific is also of
much public interest, both as to its railroad liaes and its land
grant, and a map of the road was formerly published in the
I nvestors’ Supplement, the last issue having been that o f
July, 1889.
The approval of various leases at the annual meeting in Mon
treal was reported in the Chronicle last week; as to the ac
ceptance of the act of the Dominion Parliament, approved May
10, 1892, authorizing the issue of consolidated debenture stock
for certain purposes, the following resolution was unanimously
passed:
... ...........
••That the company Is hereby authorized from time to time to create
and Issue consolidated debenture stock, payable in sterling money o f
Great Britain and bearing interest not exceeding four per cent, per
annum, for the purpose of satisfying or acquiring mortgage bonds of
any other railway company, the principal or interest of which the
company shall have already guaranteed, provided that the annual
charge for interest on. such consoldated debenture stock shall at no
time exceed in amount that of the interest on such bonds guaranteed
by the company; and provided, ais", that such stook shall be issued
only in such manner and in such amounts respectively as shall from
time to time be determined bj the Board of Direotors; and the directors
are hereby empowered to do or cause to be done every act. matter or
thing which may become expedient or necessary in order to give effect
to this resolution, and to have such stock duly issued according to the
provisions of the said clause six of the said act-”
Operations, earnings and charges were as follows for four
vears past:
OPERATIONS AND FISCAL RESULTS.
1888.
Miles op Deo. 31
4,958
Operations—
Pass, car’d No..
2,280,049
Pass, m ileage...
212766865
Rate p. pass p. m. 1-79 ots.
Fr’g’t(tons)car’d.
2496857
Fr’g’t (tons) m’ge
784972511
Rate p. ton p. m.
I*u2 cts
E aminos—
¡B
Passenger__. . . . . . . . 3,800,884
F r e ie h t........ : . . . . . 8,017,314
Mail, express,A c.... 1,377,338
1889.
5,029
1890.
1891.
5,564
5,766
___ _____
„
2,638,690
2,792,805
3165,507
253905182
274940328 320,659,836
1*78 cts.
1 ^ 4 cts.
I'^O cts,
2638690
33785o4 .„ 3 8 4 6 7 1 0
967508450 1208014731 1391705486
0*915 ot8,
0*84 cts
0'91 cts.
$
$
.5
4,520,741
4,774.714 5,459,789
8,852,202 10,106,644 12,665,540
1,657,717
1,671,171 2,115,766
Total earnings.. 13,195,536
Expenses—
Maint’e of way, Ac. 2,233,765
Motive p o w e r ... . . . 3,224,923
Maint’ e of c a r s .......
584,229
Transportation . . . . 2,154,684
Miscellaneous . . . . . . 1,127,159
15,030,660
Total expenses. 9,324,760
Net earnings.......... *3,870,776
P. c. Op. ex. to earn. 70*66
9,024,601
6,006,059
60*04
1,977,309
3,065,441
471,349
2,192,165
1,318,337
16,552,529 20,241,095
2,069,659
3,655,244
539,316
2,576,726
1,411,883
2,519,825
4,217,975
704.446
3,032,476
1,756,714
10,252 828 12,231,436
6,299,701
8,009,659
61*94
60*43
844
THE
C H R O N IC L E .
INCOMB ACCOUNT.
1888.
$
B et earnings............ 3.870,775
Fixed charges........ 3,544,351
Surplus.............
Supplemy div’d s...
Balance.............
6,006.059
3,779.133
3890.
8
6.299.701
4,246,618
1891.
8
8,009,659
4,664.493
326,424
2,226,926
650,000
2,053,083
1,300,000
3,345.166
1,300,000
326,424
1,576,926
753,083
2,045,166
1889.
Tennessee Coal Iron & Railroad Company.
(F o r the year ending January 31, 1892. J
The name of this company is in itself quite suggestive of its
varied industrial interests, and it is one of the very few com
panies of the sort whose annual reports and monthly earnings
are regularly obtained for the C h r o n ic l e . The report just
issued for the late fiscal year is a good one, and merits close
examination by all parties interested. A summary of the
statistics, compiled in the comprehensive form used for the
C h r o n ic l e , will be found below, and the remarks of Hon.
Thos. C. Platt, President, are given on a subsequent page.
The company has had to contend against the depression in
prices of iron and coal, and it evidently has strength in em
bracing both interests, as the coal business shows a profit more
uniformly than iron production. The manager of the Ten
nessee Division remarks : “ While our average selling price of
pig iron for 1891 was $2-16 per ton less than for 1888, the
average cost per ton of our product for 1891 was $2-08 per ton
less than the average cost for lS-'S. In other words, the de
crease in cost of production has_gone along p a ri passu with
the decline in the market price.”
A map of the Tennessee Coal & Iron properties was for
merly published in the I n v e s t o r s ’ S u p p l e m e n t .
| ^Comparative statistic» for four years, made up in the usual
form for the C h r o n ic l e , are presented below :
coke..
h
coke.
l, pig
Totals.
Recapitulation—
Coals.......................
Coke........................
Pig iron..................
Iron ore..................
....
...
...
....
.. .
....
...
....
...
.. .
....
...
1888 89.
1889-90.
1890-91.
Tons.
Tons.
Tons.
413,631
387,851
351,893
154,414
133,626
113,118
129,332
18,112
24,543
13,331
24,535
56,779
61,702
67,210
76,856
73,699
136,920
169,319
214,424
26,346
45,251
50,346
43,788
47,770
33,977
47,071
40,287
79,786
63,016
77,383
72,165
888,247 1,094,249 1,061,958 1,164,721
196,059
268,013
257,167
276,444
78,089
144,426
132.766
148,542
126,271
124,574
109,508
117,160
...2,159,203 2,518,148 2,451,070 2,705,990
1888-89.
1889-90. 1890 91.
1891-92.
Tons.
Tons.
Tons.
Tons.
...1,375,577 1,619,020 3,583,170 1,776,881
.. . 456,605
509,906
498.014
521.729
.. . 200,750
264,648
260,378
290,220
. . . 126,271
124,574
109,508
117,160
income account .
1888-89. 1889-90.
1890-91.
1861-92.
Net profits from —
$
$
$
$
Tracy City Division.......... 127,878
103,1
707
97,586
115,867
Cowan Division.................
7,1741.08811,108 Loss 5,380 Loss3,589
South Pittsburg Division.
27,641
68,101
1,484
92,517
Birmingham Division....
76,382
3,028
66,044 Lossl2,592
Pratt Mines Division........ 213,289
320,130
311,004
317,282
Ensley Division................ 213,728
297,442
193,152
182,554
Total............................. 666,092
Deduct—
Interest on bonds............. 322,291
Miscellaneous interest....
14,406
D ividends.........................
40,000
Miscellaneous......................................
781,300
663,890
692,071
351,484
14,666
80,000
7,577
355,956
15,082
80.000
2,951
351,193
4,180
80,000
4,705
T o ta l...........................
Balanoe, surplus...............
453,727
327,573
453,989
209,901
440,078
251,993
376,697
289,395
GENERAL BALANCE SHEET JANUARY 31.
Assets—
Land account..................................
Permanent investments...............
Stocks and bonds...........................
Beal estate.....................................
Stocks of coal, ore, iron, etc.__ .
Sundry debtors on open acoounts
Cash and bills receivable.............
Suspense accounts.........................
1890.
$
9,807,059
5,310,624
2,500
1,000
463,788
642,164
109,257
71,439
which will amount altogether to abont 10 p.c. upon the par o f thebondk.
The reorganization scheme is as follows:
It is proposed to form a new telegraph company, to be properly in
corporated, which oompany shall acquire the property and franchise»
late of the American Rapid Telegraph Company, being all the property
which was sold in the foreclosure proceeding.«.
* v
j
i he capital of this new company to represent, substantially, the oar
of the bonds assenting to the scheme; each assenting bondholder
receive an amount of the stock at par equivalent to the amount of his
bonds at par, and to surrender his bonds in exchange for the stock
The new company to enter upon the operation of the property and
the conduct of the telegraph business, with an especial view to the
development of an extensive leased wire and private line business
The surplus remaining of the earnings accumulated during the reI&’„*,i£eLpajrlll£ the
£ivli*ends on the basis above stated
to those bondholders who may elect not to come into the reorganization
ioib e a ^ P l0re,d for improvement of the property and as working capi
tal, additional cash capital, if it Bhould prove requisite, to be raised b y
the issue of a-limited amount of preferred stock at par.
*
In consultation with a numbsr o f bondholders the following persons
were agreed upon to act as a reorganization committee, with power to
nil any vacancies in said committee, to be intrusted with the arrange
ment of details and to have the general charge of carrying out the
scheme: Spencer W. Richardson. Hon. Charles R. Codman, George A
Alden, Col. A. A. Pope, Hon. E. S. Converse.
Atchison Topeka & Santa Ee.—It is reported that the Atchi
son Company contemplates the issue of $100,000,000 second
mortgage bonds to bear 8 ^ or 3 per cent, with which it is
proposed to retire the outstanding $80,000,000 of 5 per cent in
come bonds, and reserve $20,000,000 for betterments, equip
ment, &c. This would increase the absolute fixed charges
about $8,000,000 yearly. On the other hand since $4,000,000
yearly would have to be paid on the present incomes before
the stock could get anything, the new scheme would bring
the stock $1,000,000 per year nearer to a dividend.
—A Boston special to K iernan’s on the 20th said : “ The full
Atchison Board meets to-day to consider the matter of the
contemplated new issue of $100,000,000 of second mortgage
long-term gold bonds. It is understood that the new issue ha#
been practically underwritten by a London syndicate. Atchi
son directors declared 2 ^ per cent on the income bonds.
1891-92,
Meeting adjourned; there will be nothing for publication until
Tons.
May
25 concerning issue of second mortgage bonds.”
397,736
o perations .
Divisions.
[ V o l . LTF.
1891.
$
9,682,846
5,317,692
5,500
835
484,966
633,665
100,163
117,158
1892.
$
9,685,102
5,391,928
6,500
835
788,427
617,532
146,294
92,578
Called Bonds.—The following bonds have been called :
Mexican National.—H. M. Matheson and William
G. Raoul, Trustees for the bondholders of the Mexican
National RR. Co. 6 per cent 40-year 1st mort. prior lien bonds,
give notice that $305,000 bonds have been drawn for payment at
par in accordance with the deed of trust dated 1st of Juna,
1887, redeemable on the 1st day of June, 1892, at the agency
of the Mexican National Railroad Company in New York. The
numbers will be furnished at the agency.
Northern Central.—Notice is given that consolidated
general mortgage bonds have been drawn, and will become
payable at the London Joint Stock Bank (Limited), in London,
or at the company’s office, Baltimore, on the 1st day of July
next, when interest will cease. 68 bonds of Series A for £200
sterling, or $1,000 gold each—£13,600, or $68,000 gold; 34
bonds of Series B for £200 sterling, or $1,000 gold each—
£6,800, or $34,000 gold; 103 bonds, amounting together to £20,400, or $102,000 gold. Numbers will be furnished by oompany,
Missouri K ansas & Texas —B ooneville B ridge .—The fol
lowing bonds will be paid on presentation at the office of the
Union Trust Co. of N. Y ., trustee, interest ceasing July 1,1892.
Nos. 12; 33, 98, 130,149, 233, 266, 270, 294, 330, 338, 360, 363, 372,
386, 422, 446, 480, 488, 504, 553, 576, 660, 663, 699, 700, 739, 855,
949,953.
r
Central o f Georgia.—At Savannah, Ga., May 16, the fol
lowing directors were elected: H M. Comer, J. K. Garnett,
Abraham Vetsburg, Joseph Hull, G. J. Mills, H. R. JacksoD^
N. D. McDaniel, C. H; Phinizy, S. R. Jaques, E. P. Howell,
N. B. Harrold, James Swann, W. G. Raoul. The name of
Charles S. Fairchild, of New York, was to have been substi
tuted for that of James Swann, but Mr. Swann’s resignation
was not received. Mr. A. H. Joline, for the Central Trust
Company of New York, offered to vote the 42,000 shares of
stock held by that company, but was not permitted to do sobecause of Judge Speer’s recent decision against the company
on the general ground that the Richmond Terminal Co. had no
right to own and hold the Central Georgia stock in violation
of the provisions of the Constitution of the State of Georgia.
The question of the right o f the 42,000 shares to vote will
probably be carried to a higher court.
Total assets............................... .16,407,881 16,342,825 16,729,196
Liabi titles—
Stock, common............................... 9.000.
000
9.000.
000
9.000.
000 Cleveland Canton & Southern.—A circular lately issued
Stock, preferred............................. 1.000.
000
1.000.
000
1.000.
000
by Mr. H. A. Blood, President, reports the consolidation o f tho
Bonds, less sinking funds............. 5,202,360
5,187,845
5,189,454 Cleveland & Canton Railroad, the Waynesburg & Canton, the
Bills payable................................... .
346,712
365,037
185,651
Interest accrued, not due, etc___
67,177
66,469
65,429 Cleveland Chagrin Falls & Northern, and the Cleveland Canton
Due on open account.....................
346,903
436,218 *. 713,576 & Southern, under the above title.
Due to em p loyees.........................
117,156
77,354
93,091
The new Cleveland Canton & Southern Railroad Company
Bad debts reserve fund...............
20,103
Profit and loss................................. .
327,573
209,902
461,892 assumes all the debts, liabilities and obligations of all kinds
Total liabilities........ .............. 16,407,881
16,342,825 16,729,196
G E N E R A L IN V E S T M E N T N E W S .
American Rapid Telegraph.—A committee of bondholders
of the American Rapid Telegraph Company reports its in
ability to find a satisfactory purchaser for its property, and
accordingly recommends this plan of reorganization :
The property of the American Rapid Telegraph Company was bid in
at the foreclosure sale by the bondholders’ committee ior #100,000.
Every bondholder is offered the election: either to thare in the benefit
of tins puK^iase by becoming a party to the reorganization scheme, or to
accept the Anal dividend upon the basis of this sale and a distribution
or the surplus of earnings accumulated through the receivership,
and descriptions of all of the said corporations, and has taken
possession of all of said railroads and properties. The directors
and officers of the Cleveland & Canton Railroad Company
become the directors and officers of the new consolidated
company. The preferred stock of the Cleveland & Canton
Railroad Company becomes the preferred stock in the new
consolidated company, share for share, without exchange of
certificates, and the common stock of the Cleveland & Canton
RR, Company becomes the common stock in the new consoli
dated company, share for share, without exchange of certifi
cates. The preferred stock of the Cleveland Canton & South
ern Railroad Company becomes of the same value as the
Cleveland & Canton preferred.
The new consolidated company as now constituted will com
prise 206 miles of main track, well equipped with rolling.
Ma t 2 1 ,1892.J
THE
C H R O N IC L E .
«tock , and including all the terminal property at Cleveland,
Canton and Zanesville.
The circular says: “ W e have no hesitation in saying that this
consolidation and union, with indebtedness of less than $24,000
per mile, and gross earniDgs of more than $4,000 per mile,
will improve and strengthen all of the securities. The net
earnings are now more than sufficient to pay all interest
charges upon the property forming the union. It is proposed
to issue a new first consolidated 50-year 5 per cent mortgage
upon the entire property at the rate of $26,000 per mile, and
all holders of any of the securities of the aforesaid corpora
tions forming this union will have the privilege of exchanging
their bonds for the new first consolidated mortgage bond.”
Columbus H ocking Valley & Toledo.—The Hocking Valley
directors at their meeting this week declared a first dividend
o f 2% per cent on the preferred stock, payable July 1. It is
reported that a settlement has been reached with Judge Stev
enson Burke which will inure to the advantage of the com
pany.
Concord & Montreal.—At Concord, N. H., May 19, the
•stockholders of this railroad held a special meeting to take
action upon the bill passed by the last Legislature authorizing
it to increase its capital stock. A protest was entered for
Prank Jones and J. W . Sanborn, against any increase in the
capital stock. The meeting then adopted the following :
Voted, That the capital stock of this corporation be and Is hereby In
creased $ 1 ,200 ,000, making the capital stock $6,000,000; and that the
directors are hereby authorized to issue from time to time new stock
o f the par value of $100 for the said sum, $1,200,000, in such amounts
and at such times as in their judgment may be needed to meet the ex
penditures for which the new capital is authorized by law ; and that
all classes of stockholders, in proportion to their respective holdings,
shall have the light to take the new stock at par.
The lease of the new Boston Railroad to the Concord & Mon
treal for ninety-nine years was then ratified, despite another
protest from Messrs. Jones and Sanborn. The protests were
placed on file.
General E lectric Company.—This company advertises that
it has authorized the issue of $10,000,000 5 per cent debenture
gold bonds due June 1 1922. Stockholders of the company
•or holders of trust certificates exchangeable for the stock,who
are holders of record on May 27, may subscribe on or before
June 7 for $4,000,000 of these bonds (all that is intended to
lie issued now) at 95.
Lake Shore & Michigan Southern.—The report for the
■quarter ending March 31, the first quarter of the fiscal year, is
as follow s:
r-Quarter ending March 31.—,
1891.
1892.
■Gross earninss.............................................. $4,750,633
$5,528,062
Operating expenses....................................
3.215,528
3,941,265
Net earn in gs........................................
Other incom e................................................
$1,535,105
104,625
$1,586,797
102,857
Total..................... .........
Interest, rentals and taxes
$1,639,730
1.069,125
$1,689,654
1,067,357
$570,605
$622,297
Surplus......................... ..........................
Missouri Kansas & Texas.—At Parsons, Kan,, the annual
meeting of the stockholders of the Missouri Kansas & Texas
was held and the following directors were elected for the en
suing year : John D. Rockefeller, Wm, Bond, Wm. Dowd,
■Colgate Hoyt, H. W . Poor, Simon Stern, Joel F. Freeman,
Samuel Sloan, H. C. Rouse and Thomas C. Purdy, of New
Y®rk; H. C. Cross, of Emporia; B. P. McDonald, of Fort
Scott; J. Waldo, of St. Louis; Lee Clark, of Parsons; F. N.
Finney, of Milwaukee, and H. J. De Marez Oyens, of Am
sterdam. The new board of directors will meet in New York
on the 24th inst., for the election of officers.
Mutual Has o f Chicago. — Chicago advices state that the
Mutual Gas Company will increase its capital stock from
■$f'00,0l0 to $2,000,000 some time this month, and that Mr.
Leiter, of that city, will subscribe to one-third of the increase.
It is said the company will offer to pay the city $100,000 for
■enlarging the franchise so as to lay mains all over the city,
New York Central & Hudson River.—The corrected state
m ent of gross and net earnings and charges for the quarter
and nine months ending March 31 have been as follows ; 1892
figures include operations of the Rome Watertown & Ogdensburg RR.; 1891 figures include same after the 14th of March
qnly.
/-Quar. end. Mar. 31.—
1891.
1892.
$
$
/—Qmos.end.Mch.31.-~
1891.
1892.
$
$
Gross earnings............... 8,988,176 10,404,559
Operating expenses___ 5,975,439 7,543,854
27,514,866 34,558,177
18,498,943 23,548,802
Net earnings........... 3,012,737 2,860,705
First Charges............2,184,850 2,479,120
9,015,923 11,009,374
6,381,250 7,411,496
Profit......................... 827,887
D ividend......................... 894,283
Bate of dividend............ (1 p. c.)
381,585
1,117,854
(1*4 p. c )
Balance.......... ..........def.66,396def.736,269
2,634,67 3 3,597,878
2,682,849 3,353,561
(3 p .c .) (3% p. c.)
def.48,176sur.244,317
N orfolk & Western.—It is announced that the stockholders
-of this railroad company at the recent annual meeting ap
proved of th® recommendation of the directors to increase
the preferred stock from $40,000,000 to $50,000,000, in order to
provide means for th® many improvements going on along
the line, for further equipment, and for the completion of the
Ohio extension, which it is expected will be finished in the
■early fall. It is stated that the new stock will be offered at
.some later time to the shareholders, it being, however, the in
dention not to make such offer until present conditions shall
815
have' completely changed, and not to dispose of the stock
until a considerably higher price can be obtained for it.
The stockholders will be allowed to subscribe for the stock
when the proper time arrives to issue it. Not more than onehalf of the increase will be issued during this year. The com 1
pletion of the bridge over the Ohio River has already added to
the traffic, both north and south of the river. There remains
to be laid about seventy-five miles of track to complete this
connection, and as track-laying is going on at the rate of a
mile a day the work will soon be finished.
North American.—Vice-President George S. Jones, of the
North American Company, makes the following statement to
Dow, Jones & Co.: “ The actual value of the stock is in excess
of present quotations. The company is preparing a compre
hensive report for its stockholders, to be issued no later than
the annual meeting on June 15. The liabilities of the com
pany, in excess of cash and bills receivable, are less than $500,000. The bills and accounts receivable are all equivalent to
quick cash, and do not include any of the stocks or bonds or
other securities of the North American Company. The com
pany is borrowing money as low at 4 per cent per annum on
time; most of it is on long time. The company has a balance
in bank of $1,000,000 to-day. The company is still a large
holder of Northern Pacific bonds and stock.”
Northern Pacific.—A t the directors’ meeting, held on
Thursday, President Oakes submitted the following:
To the Board o f D irectors:
Dear Sirs:—A t the regular meeting of the directors to be
held this month, the question of declaring the usual quarterly
dividend will properly come before you, but for the several
reasons suggested below, I have to recommend that no dis
tribution of surplus should now be made:
The surplus earnings are stated by the Auditor to amount on
$993,723
February 28th, 1892, to ......................
Deduct deficit for March..................................................................
3,732
Surplus March 31st................................................................... $989,990
From this surplus two dividends of 1 per cent each have
been declared and paid, to-wit:
No. 10 paid October 15th, 1891.............................. 1..$366,081
No. 11 paid January 15th, 1892................................... 365,781
731,862
Leaving applicable to dividend present quarter................ $258,128
or say $107,000 less than 1 per cent on the preferred stock out
standing.
Our past experience shows the company earns its surplus
applicable to dividends in certain months of the year. The
business of the company for the first two quarters of any
fiscal year (July 1st to December 1st) always shows a hand
some surplus. The business for the third quarter, as a rule,
shows a loss. The business for the last quarter, while usually
showing a surplus, is uncertain as to amount. The business
for the last quarter of last year showed a surplus applicable
to dividends of about $350,000.
In view of the foregoing and the further fact that the gross
earnings for the last quarter of the year so far as received
(i. e., from April 1st to May 13th) show a reduction of $219,000, and the surplus so far as is known (i. e., to March 31st) is
insufficient to pay the usual dividend of 1 per cent, I
believe and recommend no action should be taken at this
meeting toward distributing the surplus among the preferred
stockholders until the results of the year’s business shall be
determined, and I further recommend that hereafter the
policy of the company be changed so payment of dividends
shall be made semi-annually instead of quarterly.
Respectfully submitted,
T. F. O a k e s , President.
Pursuant to the foregoing communication of the President
the Board adopted, by a unanimous vote, the following pre
amble and resolutions:
Whereas, Toe statements submitted to this Board by the Accounting
Department show that the net surplus of income due to the holders of
the preferred stock, under the articles of reorganization, for the nine
months of the current fiscal year ending March 31, l»9 2 , amounted to
$989,990 77,
Whereas, Out of this amount two dividends aggregating $731,862
have been distributed, leaving a balance of only $258,128 77 avail
able,
Whereas, The President of the oompany in a special communication
strongly recommends the suspension of quarterly cash dividends for
the several reasons set forth by him ; therefore, be it
Resolved, That no dividend shall be declared for the quarter ending
March 31, 1892, and that the special report of the President be printed
and communicated to all stockholders of the Company; and further
itesolved. That the time, manner and method of the distribution of so
many of the $3,347,000 of consolidated bonds set aside for the benefit
of the preferred stockholders as may be necessary to supply the defic
iency, if any, in this or any subsequent fiscal year, between the
amount of net earnings and 4 per cent on the preferred stock, be sub
mitted to the preferred stockholders at the annual meeting in October
next.
Oregon Pacific.—A number of Oregon Pacific Railroad
bondholders attended a meeting at the Farmers’ Loan & Trust
Company this week for the purpose of arranging a settlement of
the litigation which has blocked the reorganization plan for
so long a time. The bondholders’ committee supposed that
the road would be purchased, under the foreclosure, for their
account. They subsequently ascertained that it was bid in by
Mr. Zephin Job individually. He agreed to pay $1,000,000,
and deposited $25,000 to bind the bargain.
Mr. Job was
promptly enjoined from disposing of the road or incurring
any obligations in its name. The meeting this week settled
the difficulty by formally assenting to a decree issued by
Judge Deady of the United States Circuit Court in Oregon,
8 46
THE
C H R O N IC L E .
which provides that Job shall turn the property over to a new
company to be formed in accordance with the plan o f the re
organization committee.
The Portland Oregonian says: “ The Court absolved Col.
Hogg from the alleged conspiracy threatened or intended with
Zephin Job to wrong the bondholders in any way, and the
stipulation provided for the assignment of the property to a
new corporation, to be formed, and gives the buyer the priv
ilege of self-protection by a temporary hypothecation of the
property to complete the purchase for $1,'000,000,” and further
the decree says : “ The said Job or said new company also is
at liberty to hypothecate the said property as security for such
additional sum as may, in the opinion of a majority of the
Reorganization Committee, with the concurrence of the
directors of the new company, be advisable for the purpose of
paying any amount equitably due, forming a lien on any
property of the company, purchasing steamships and other
necessary equipment, and extending the railroad ; this addi
tional sum, however, not to exceed $2,000,000; and that the
said property shall be released from the lien of any such
hypothecation as soon as a sufficient sum for that purpose can
be obtained from the contemplated issue of bonds, as provided
for by the terms of the said reorganization agreement, under
the first mortgage for $18,000,000 and the second income mort
gage for $10,000,000.”
Poughkeepsie Bridge.—Judge Barnard, at Poughkeepsie,
has made an order granting a decree of foreclosure and sale
for the Poughkeepsie Bridge property. Judge D. W. Guerney was appointed referee to conduct the sale on June 30
next, at Poughkeepsie. The time for depositing, bonds of the
Poughkeepsie Bridge Co. and of the Central New England Sc
Western Railway Co. under the reorganization plan expired
on the 14th. Of the $2,500,000 of C. N. E. & W . all but $25,000 have been deposited. Only about $200,000 of the $5,000,000 Bridge bonds are still outstanding not deposited. The
reorganized system will be known as the Philadelphia Reading
Sc New England RR.
Railroads in New York State.—The following have reported
to the State Railroad Commissioners for the quarter ending
March 31:
N E W T O R lt L A K E E R IE <fc W E S T E R N .
s—Quar. end. Mar. 31.—, s-Six mos. end.Mar. 31.—
1891.
1892.
1890-91.
1891-92.
"
Gross earnings............6,517,962 6,937,673 14,122,759 15,137,404
Operating expenses....-4,332,517 4,845,914 9,266,878
10,224,360
Net earnings.............. 2,185,445 2,091,759
Prop, due leased lines* 563,017
589,266
4,855,881
1,263,155
4,913,044
1,306,208
Balance.......................1,622,428 1,502,493
Other income............... 187,042
158,245
3,592,726
. 474,830
3,606,836
467,021
Total................ .........1,809,470 1,660,738
Int., rentals & taxes... 1,943,200 1,984,484
4,067,556 ' 4,073,8*7
3,932,367
3,888,127
Balance ..................df.133,730 df.323,746 sur.179,429
* Leased on a percentage basis.
sur. 141,490
M A N H A TT A N E L E V A T E D .
r-Quar. end. Mar. 31.—,
1892.
1891.
$
$
2,693,069
.2,483,828
Gross earnings..............
Operating expenses...... , 1,306,299 1,375,045
Net earnings............ .1,177,529 1,318,024
35,000
35,000
Other income................. .
T otal......................... .1,212,529 1,353,024
596,695
604,488
I n t , taxes and rentals
Surplus.....................
615,834
748,536
LON G ISLA N D .
, r—Quar. end. .Mar.31.—
1,904,530 2,213,325
Net earnings............ . 161,897
22,607
Other in com e................ ..
132,063
23,353
1,144,330 1,038,032
51,895
55,081
Total............. , ......... ... 184,504
Int., taxes and rentals. . 179,073
155.416
214,713
1,196,225 1,093,113
660,344
629,077
Balance.................... . sur. 5,431 def. 59,297 sur.567,148 sr. 432,769
N E W Y O R K O N T A R IO & W E S T E R N .
Total........................ 134,171-
In t., rentals, taxes,&c.. 176,999
Balance.......... .
/—9 mos. end. Mch. 31.—»
1891-92.
1890-91.
$
$
2,344,876
2,068,798
1,524,162
1,718,821
111,123
18,750
544,636
56,250
626,055
56,275
129,873
183,637
600,886
538,749
682,330
574,511
df.42,828 def.53,764
sur.62,137 sur.107.819
Richmond & West P oint Terminal. —The Olcott plan for
the reorganization of the Richmond & West Point Terminal
Company has been declared non-eifective. The committee
held a meeting on Monday, and afterward issued the follow
ing statement :
“ Holders of underlying securities having failed to depositan
amount sufficient to constitute a basis for the proposed issue
of bonds and to enable the committee to declare the plan
effective, the committee deems it proper to inform the hold
ers of certificates of the Central Trust Company and of the
securities of the Richmond & West Point Terminal Railway
& Warehouse Company and its auxiliary corporations, of
Deduct therefrom fixed charges as follows:
Taxes.......................................... ................................. $72,659
Interest on 1st mortgage July 1,1891, to Febru
,—9 mos. end. Mar. 31.—
ary 29,1892............................................................. 533,333
1890 91.
1891-92.
Balance net earnings, July 1,1891, to Febru
$
?
3,011,001 3,079,663
ary 2 9 ,1 8 9 2 ....... ...............................................
1,866,671 2,041,631
1892.
$
728,474
596,411
Net earnings........... 115,421
18,750
Other income................
this fact. In the absence of adequate assent by the under
lying securities a contribution by the stockholders of the
Richmond Terminal Company and the holders of inferior
securities may be necessitated, but as this would be in conflict
with the declared objects of the committee and of the plan
proposed by it, it cannot be adopted [as a modification or
alteration of the plan. i^ a a .
~ ...
“ The present announcement is made to give opportunity to
all parties interested in the preservation of the properties to
take such action as they may think best to that mid. The
Central Trust Company is willing in the meantime to retain
the custody of the securities already deposited, and the com
mittee will continue in existence only so long as the interests
«a
of the certificate holders shall require.”
•.----Subsequently a meeting of the holders of securities was held
at the office of Messrs. Work, Strong & Co., No. 36 Broad
Street, at which General Samuel Thomas presided. A commit
tee of three was appointed to confer with the stockholders of
the various companies with a view to coming to some ar
rangement with the reorganization committee whereby the
matter may be satisfactorily settled.
A special meeting of the stockholders of the Terminal Com
pany was also held at ihe office of Messrs. Work, Strong &
Co., and a committee was appointed to wait upon the Olcott
committee and take charge of the affairs of the company.
This committee consisted of Messrs. Samuel Thomas, W . E.
Strong and W. P. Clyde, and at another meeting on Wednes
day they were directed to report a new plan of reorganiza
tion, to be submitted to the stockholders next Monday.
Colonel Strong was made chairman of the committee, with
authority to increase its number at his discretion.
San Antonio & Aransas Pass.—A t San Antonio, Tex.,
May 14, Judge W . F. King issued an order for the foreclosure
of the mortgage, the date of the sale to be the first Tuesday
in November. Before this was done the two independent
suits of the Farmers’ Loan & Trust Company were consoli
dated with the suit of Johnson & Hanzen, the contractors,
which was the action for the receivership.
At a meeting held in New York at the offices of Tracy,
Boardman & Platt, in the Mills Building, there were repre
sentatives of the San Antonio Sc Aransas Pass Reorganization
Committee and of bondholders who had not accepted the
terms of the plan. A settlement of all the differences was
reached, and the committee will proceed with the work of
reorganization.
St. Louis Southwestern.—This company makes no annual
jeport for the year ending December 31, 1891, as a circular
recently issued states that at “ the organization of the oresent
company the fiscal year was changed to comply with the re
quirements of the Inter-State Commerce Commission, causing
the fiscal year to end with June 30. Therefore, no annual re
port in detail will be prepared until the accounts are closed
with that date.”
But in order to inform all persons interested of the operat
ing results of the property as shown by the financial exhibit
and income account from the beginning of the present fiscal
year to February 29, the General Manager submitted the fol
lowing figures:
—9 mos. end. Mar.31.—
1891-92.
1890-91.
$
$
7,301,446 7,922,479
Total gross earnings o f the system.
3,687,473 4,004,666 July 1,1891, to February 29,1892............................................ $*,406,385
Total o erating expenses.
3,613,973 3,917,813
78,000
105,000 July 1,1891. to February 29,1892, including $112,444 96
betterments............................................................................... *,626,783
3,691,973 4.022,813
Surplus earnings..............................................................
$779,601
1,787,434 1,809,488
1891.
$
Gross earnings.............. .. 705,939
•peratmg expenses........ 544,042
s-Quar.end.Mch.31.—,
1892.
1891.
$
$
671,026
Gross earnings.............. 642,033
559,903
Operating expenses___ 526,612
Vol. LIV.
605,99*
$173,609
“ In considering the figures in the foregoing statement, it is
proper to observe that had none of the earnings been applied
to betterments during the period embraced, the total net
earnings would have been $286,054. The betterment charge
referred to is the sums paid on account of the construction o f
a steel and iron draw bridge over the Ouachita River at Cam
den, Ark.; the reconstruction o f the Arkansas River bridge;
the construction of a drawbridge over the St. Francis River
(all of which are now completed); the macadamizing of Mary
Street, Waco, and an addition :! telegraph wire.
*
“ A contract has recently been entered into with the Phoenix
Bridge Company to construct a new iron and steel draw span
to replace the present draw span crossing the White River, Ark.
* * * * With the completion of this structure (about
September 1) we will be enabled to operate the heaviest class ,
freight engines on all parts of the line between Waco and
Bird’s Point. The estimated cost of this bridge is $38,000.
This is the only unfinished bridge contract remaining at this
time.
Terre Haute & Indianapolis—St. Louis Vandalia & Terre
Haute.—The United States Supreme Court ha* affirmed the
deoisioiuof the United States Circuit Court for the District of
Illinois in the case of the St. Louis Vandalia Sc Terre Haute
Railroad Company against the Terre Haute Sc Indianapolis
Railroad. The former company sought to have set aside as
ultra vires a contract in the nature of a lease between it and
the latter company. The Court, in its opinion, says that, sup
posing the contract ia ultra vires, the lease has gone on for
seventeen years, and it will not assist one party to the arrange
ment to annul the contract and get back the property.
THE
Mat 21, 189».]
W ^zpovts and
C H R O N IC L E .
d ocu m en ts.
C AN A D IA N PA C I F IC R A ILW A Y .
ELEVENTH ANNHAL REPO ElT OF THE DIRECTORS—
FOR THE YEA R ENDING DECEMBER 81, 1891.
A balance sheet of the affairs o f the Company at 31st De•cember last, and the usual statements relating to the business
o f the past year are submitted :
The gross earnings for the year w ere............................. $20,241,095 98
The working expenses w ere.............................................. 12,231,436 11
And the net earnings w e re ..................................... .........
Deducting the fixed charges accrued during the year.
(See next page)............................................... - ................
$8,009,659 87
__
4.664,493 45
The surplus was........................................................ ........
Prom this two supplementary dividends of one per
cent each were made, and paid August 17th, 1891,
and February 17th, 1892 ...............................................
$3,345,166 42
Leaving a surplus carried forw ard.................................
Surplus of previous years..................................................
$£,045,166 42
2,boto,422 ad
Total surplus carried forw ard.........................................
$4,701,599 25
1,300,000 00
The working expenses for the year amounted to 60’43 per
cent o f the gross earnings, and the net earnings to 39’57 per
cent, as compared with 61'94 and 38’06 per cent respectively
in 1890.
The earnings per passenger per mile were 1'70 cents and per
ton of freight per mile 0'91 cents, as against 1-74 and 0'84
cents respectively in 1890.
The earnings and working expenses of the South Eastern
Railway, which is worked by the Company for the account of
the trustees, are not included : nor are the earnings and work
ing expenses of the Qu’Appelle Long Lake and Saskatchewan
and the Calgary & Edmonton Railways included.
The following is a comparative statement of the earnings
and working expenses of the railway for four years :
1888.
1889.
$
$
3,800,883 18 4,623,474 00
Passengers
8,017,313 66 9,057,719 34
Freight___
354,044 32
263,344 46
Mails.........
247,606 70
244,247 18
Express____
P’rl’r & sleep
239,103 14
187,694 13
ing oars__
847,190 93
682,052 99
Tele. & misc.
T o ta l.......
Expenses...
1890.
|
1891.
$
j
$
4.774^713 76 5,459,7*9 46
10,106,644 02 12,665.540 26
3r>6,038 61 i 516,098 45
260,268 43
288,633 25
268,096 76
303,545 09
786,767 40 1,007,489 47
847
utilized in branch lines and additional sidings), by the further
reduction o f gradients and the straightening of the line, and
in many other ways. Two-hundred-and-twenty-four timber
bridges of various kinds were replaced by masonry and steel
structures, or solid embankments, and the replacement in
permanent work o f 94 other timber bridges was well ad*
vanced. At the past rate of progress in this work, prac
tically all of the timber structures in the Company’s principal
lines will be permanently replaced within two or three years,
As nearly as can be ascertained the improvements made
during the past five years in roadway and bridges have re
sulted in the saving in the cost of working equal to nearly 20
per cent per annum on the outlay, and your directors feel jus
tified in continuing these improvements until the lines of the
company shall have reached the highest state of efficiency
and the greatest possible economy in working has been se
cured.
.
. . . .
A statement in detail of the expenditures during the year
for additions, improvements and equipment is appended to
this report.
<
To meet the requirements of the increasing production of
grain in the Northwest, an additional elevator o f a million
and a quarter bushels capacity was erected at Fort William,
making the total storage capacity at that point and Port
Arthur together, about 4,000,000 bushels.
Large additions to the rolling stock must be made during
the current year, in order to provide for the rapidly-increas
ing traffic.
In view of the fear so often expressed by those who are un
acquainted with the property, that the working expenses
must, in the near future, be largely increased by renewals,
the Directors feel justified in saying that the timber structures
in the permant way, which were necessarily largely used in
original construction, are not renewed as such, but are re
placed by permanent work ; and aside from these, an nearly
nil of the principal lines of the Company the more important
renewals have already been made at the expense of the oper
ating account, and, as better materials have been used than
could be obtained for the original construction, no apprecible increase in the expenditure for renewals need be looked
9r beyond that due to additional mileage.
During the past year the Souris Branch was extended
< 2 3-10 miles to Oxbow, and the Glenboro section of the
! ouris Branch was extended to Nesbitt, 6 miles.
The following extensions and branches are contemplated
.
13,195.535 60 15,369,138 43 16,552,528 98 20.241,095 98
9,324,760 68 9,241,302 27 10,252,828 47.12,231,436 11
3,870,774 92 6,127,836 16 6,299.70« 5l! 8,009,659 87
The last harvest in Ontario and Manitoba was an abundant
one, but in Manitoba it was followed by a long period of w et
weather, which impaired the quality of much of the grain
and delayed its marketing. A large amount of grain yet re
mains in the hands of the farmers in Manitoba as well as in
Ontario, and the outlook for traffic for the present year is un
usually good.
The Company’s Steamship line to China and Japan was not
fully established until after mid-summer; but although
worked at a disadvantage until the last steamship was in ser
vice, the results have been as satisfactory as could well be
expected, the steamships having cleared their working ex
penses and the interest on their cost, without taking^ into
account the value ef the business contributed to the railway
itself. The earnings and expenses of the steamships are not
included in the statement of the earnings and working ex
penses of the railway as shown in this report. .
The result of the working of the Minneapolis St. Paul &
Sault Ste. Marie and the Duluth South Shore & Atlantic rail
ways for the past year confirms the belief of your Directors
that these two most important feeders will not only be no
burden upon your Company, but will, aside from the business
contributed to your railway, be a source o f handsome profit
for tbeir respective shareholders. The earnings of the firstnamed line for the past year increased 29 3 per cent over 1890.
The earnings of the last-named line, which have hitherto been
largely obtained from the carriage of iron ore, suffered severe
ly from the prostration which prevailed throughout the year
in the iron trade, but the loss was made good by the increase
in general traffic, and this, together with the revival in the
iron trade, gives promise of largely-increased earnings and
profits for the present year.
The Company’s telegraph, express, sleeping cars, gram ele
vators and lake steamers have continued to swell its profits.
These important adjuncts of the Company’s service are con
stantly increasing in importance and efficiency, and they all
stand high in the estimation of the public ; indeed, it is a
matter of great pride to your Directors that every branch of
the Company’s service has the hearty approval of the public
from one end of the country to the other.
The property of the Company has been maintained in ex
cellent condition.
During the past year large additions were made to the star
tion and terminal facilities, the repair shops and rolling stock ;
and the permanent way was greatly improved by the substi
tution, on 218 miles o f the principal lines, of steel rails weigh
ing 72 pounds to the yard in place of the 56 and 60 pound
rails originally used (the lighter rails taken up having been
Towards the construction of these lines the Province of
Manitoba will give assistance to the extent of $1,750 per mile,
and to all except the Pipestone Branch a grant from the
Dom inion Government of 6,400 acres of land per mile attaches;
and a similar grant is expected for the Pipestone Branch.
It is also the intention of your Directors to commence the
grading of a line from the southern Assiniboia coal fields to a
connection with your main line at Regina or Moose Jaw, and
of another line from a point near Fort McLeod towards the
Crow’s Nest Pass. The first-named line will open up for set
tlement one o f the best sections of the Company’s land grant,
and will, with the extension of the Minneapolis St. Paul «
Sault Ste. Marie Railway, now being made, afford a direct and
necessary connection, under your Company’s control, between
the west and Minneapolis and St. Paul. The other line is in
tended to protect the Company’s interests in southern British
Columbia, including the Kootenay district, which is now as
suming great importance owing to its remarkable mineral
developments.
.
, . ,
,
The Calgary & Edmonton Railway has been completed ana
is now in operation from Calgary to Edmonton, a distance of
192 miles; on the portion of the line south of Calgary the rails
have been laid to High River, a distance of about 40 miles,
and the grading has been completed to a point near Fort Mc
Leod, 110 miles from Calgary. This line is leased to your
Company, for six years without rental, and your Company
has an option to purenase it at the end of that time. •The ne
gotiations referred to at the last annual meeting looking to its
earlier acquisition were discontinued because of the inability
of the Calgary & Edmonton Company to fully comply with
the terms named by your Directors.
■/The purchase of the Temiscamingue Railway, which was
referred to in the last annual report, was approved at an ad
journed meeting of the shareholders held on the 24th August
last, and this line should be completed either this year or
next, as may be found expedient and convenient.
The Montreal & Ottawa Railway, extending from Vaudreuil
to Point Fortune, on the west side of the Ottawa Rivar, an
important local line, and one which threatened your Com
pany’s interests, has been secured on favorable terms.
Your directors have agreed to lease the Tobique Valley
Railway and to pay as rental therefor 40 per cent of its earn
ings. The line starts from Perth Centre, on the line of the
New Brunswick Railway, and runs along the Tobique River
to Plasrer Rock, where extensive mineral deposits exist. The
length of the line will be about 28 miles, o f which fourteen
miles have been completed, I h e agreement will be sub
mitted for your approval.
843
THE
C H R O N IC L E .
The arbitration between the Dominion Government and the
Company respecting the section of the railway built by the
Government in British Columbia resulted in an award to the
Company of $579.255—$202,675 being for defects already
cured by the Company and $376,580 for defects yet to be made
, good. While this result was unsatisfactory your directors
thought it wise to accept it and end the controversy.
Another long-standing dispute with the Govermant has
been settled by the cancellation of $1,108,626 of the bonds of
the North Shore Railway, held by the Government, which
constituted a contingent obligation upon the Company’s Que
bec line and seriously interfered with the freedom of its use.
By the Loan Acts of 1884-5 a needless and unusual restric
tion was imposed upon the Comp m y preventing the increase
of its ordinary share capital for any purpose, and in order that
your Company might have the same freedom in this regard as
is enjoyed by other Railway Companies, your Directors applied
to Parliament at its present session for the passage of an Act
removing this restriction. This A ct has become law, and the
shareholders will hereafter be free to determine for them
selves, as occasion may require, whether the future capital
requirements of the Company shall be provided for by the
issue of ordinary shares or by increasing its mandatory
obligations.
The same Act gives the Company authority to issue four
.per cent Consolidated Debenture Stock in place of bonds or
shares bearing an equal or greater rate of interest, and which
have already been guaranteed by the Company ; this power
having been sought both for the purpose o f saving interest
and simplifying the finances of the Company by consolidating
its obligations.
LANDS.
PVOL.
LIV,
The results have fully justified the expectations of your Di
rectors, expectations which have frequently been regarded as*
over-sanguine. They can see no reason why the rate of in
crease in the Company’s business for the past six years should’
n<)t continue. Anything like general competition is practic
ally impossible ; the country tributary to the Company’s lines
is of enormous extent, its potential wealth is without limit the knowledge of its advantages is spreading throughout the
world, and people are attracted to it in constantly increasing
numbers, and your Directors are confident that the second ten
years o f the Company’s history upon which it has just en
tered will produce results even more gratifying than those*
already shown. . .
%
For the directors,
WM. C. VAN HORNE,
_________ _
Presidents
£7,191,500
$ 7,000,000
£99,600
£ 200,000
£ 200,000
$2,544,000
£4,007,381
$ 2 ,0 0 0 ,0 0 0
£1,330,000
£750,000
£D,695,312
£142.500
£«8.062
£ 220,000
FIXED CHARGES 1891.
1st Mortgage Bonds 5 p. e................ $1,749,931 66:
Province of Quebec 5 p. c...................
350.000 0 »
North Shore 1st Mortgage 5 p. c .......
24,236 00>
Canada Central 2d Mortgage 6 p. c...
58,400 00
“
“
1st Mort. Sink. Fund.
51,100 00*
St. Lawrence A Ottawa 4 p. c ..
38,913 34
Man. S. W Cel. Ry. let Mtge. 5 p. 0..
127,200 OO
,,
Toronto Grey & Bruce rental........ ...
140.000 0 »
15s. 5d. Ontario A Quebec Debent’r’s 5 p. e...
975,129 56:
Ontario & Quebeo (ordinary) 6 p. 0...
120.000 00
Atl A N. W. By. 1st Morgage, less
Government p rop ortion ................
136.333 34
Algoma Branch 5 p. c..........$..............
182,500 00
South Eastern By. rental. Farnham
to Brigham Junction.........................
1,400 OO
Rental Mattawamkeag to Vancaboro
23,800 00
10s. 4d. 4% debenture stock ............................
330,020 83:
“
“
on Col. A Kootenay By.
10**
*
“
on Mission Branch.......
“
on 55 miles Souris B’ ch
5 months from August 1st..................
34,923 40'
Rental New Brunswick By. system..
320,585 32:
The sales of Canadian Pacific lands last year were 72,674
acres for $294,875, an average price o f $4'05% per acre, as
against 73,941 acres for $276,586, an average price of $3*76 per
acre in 1890.
$4,664,493 45
The sales of Manitoba South Western Railway lands for
1891 were 24,566 acres for $120,070, an average price of JKECBIPTS— RECEIPTS AND EXPENDITURES 1891.
$4*88% per acre, as against 7,544 acres ifor $36,078, an average
$< ¡,020,112 I S
Cash on hand December 31st, 1890........
price of $4*78 per acre in 1890.
Surplus revenue (as per statement)........$3,345,166 42
Department—
The total sales for 1891 of Canadian Pacific and Manitoba Land
Proceeds of land sales.......... $219,369 26
South Western lands were 97.240 acres for $414,945, an aver
Less expenditure in connec
tion with sales, premi
age price of $4*26% per acre, against 81,485 acres for $312,664
ums on bonds, eto...... .
94,990 43
in 1890, an average price of $3*83%.
Of the lands previously recovered by the Company by can
. ,
,
$124,378 83
cellation of sales, 20,565 acres were re-sold during the year at a
Deduct amount remaining
in deferred payments........ 110,360 65
profit of $38,665.
The position of the Canadian Pacific Land Grant at Decem
$14,018 18
ber 81st was as follows :
Deduct land grant bonds re
A
Original grant........................................... ............................... 85,000,000
Surrendered to Government under agreement of March
80th, 1886...............................................................................
6,793,014
The Company has earned on account of its Souris Branch
Land grants.........................................................
Sales to December 31st, 1891............................... 3,674 426
Less oanoeled in 1891............................................
6,040
18,206,986
905,600
19,112,586
3,668,386
Quantity of land unsold............................................................
15,444 200
The position of the Manitoba South Western land grant at
the end of the year was as follows :
Total gra n t. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
i 39 s 800
Sales to December 31st, 1891..................
131* (312
*
’
Less canceled in 1891.................................. '. " " I "
1,’520
------------129,492
Quantity o f land unsold.......................................... ..........
~ 2 6 7 308
Total land owned by the Company
16,711.509
deemed and canceled........
12,500 00
1,518 18
Dominion Government on account BritCol. Section outside of arbitration........
26,356 00
Consolidated debenture stock, 4 per cent
—Amount issued..................................... 7,036,386 65
------------------- 10,409,427 25-
^
$16,429,539 41
Deorease In station balances, acoounts receivable, etc.
184,149 63
$16,613,689 04
E xpenditu res -
Interest on funded debt and rentals of
leased lines due January 1st, 1891, and
accrued to that date...............................
$1,840,383 5 »
Construction branch lines (Schedule
A ” ) ..........................................................
1,296,662 11
Rolling stock and other equipment,
Souris Branch..........................................
576,000 0 0 ‘
Additions and improvements main ime
and branches (Schedule “ B ” )...............
1,559,267 76
Additions and improvements leased
lines (Schedule “ C” i .................. ; .........
984,945 63
Rolling stock, lines generally.............. .
983,033 4 2
Telegraphs, extensions and additions...
50,546 2 2
China and Japan steamships and appur
tenances (expenditure during year in
completion of three vessels and appur. tenances)........... .......................................
1,095,908 23
Supplementary dividend made Dec.,
1890, and paid Feb. 17th, 1891.......... $650,000 00
Supplementary , dividend made June,
1891, and paid. August 17th, 1891...
650,000 00
1,300,000 OO
In view of the large sales of land from the Manitoba South
western grant, it is not expected that any further advances
will have to be made from the general funds of the Company
for the payment of interest on Land Grant Bonds, for in addi
tion to the receipts from town sites, the proceeds of these
lands are applicable to this purpose, subject only to the claim
vances .
of the Manitoba Government against the Manitoba Southwest- A dLand
Department—
ern grant, which is being paid at the rate of $2 for each acre
Interest advanced against lands.......... $607,543 11
sold, and which is expected to be fully provided for by the
Deduet surplus proceeds
from town sites—Total
end of next year; after which the entire proceeds will be
proceeds of s a le s.....___$127,618 90
available and the amount already advanced in interest on
Amount collected from de
Land Grant Bonds should be quickly recovered to the treas
ferred payments.............
11,568 97
ury of the Company.
CONCLUSION.
Notwithstanding the very large increase in gross earning!
&nd profits for th© first (juErter of l&st year, the corresponding
quarter of the present year shows a still further increase ol
$441,515 in gross and $274,181 in net earnings.
The present year has opened with large land sales and t
much greater movement o f settlers to the Northwest than at
any other time in the history of the Company. The sales oi
land for the first four months of this year have been 143,69?
acres, for $531,151, as against 24,414 acres, for $100,200, forth«
same four months of last year. The sales for the past foui
months were nearly 47,000 acres more than the total sales of
last year.
It is worthy of note that the report now submitted covers
the year m which the main line of the railway was to hay«
been completed under the contract between the Govemmeni
and the Company, and the fifth year of its full operation.
$139,187 87
Deduct expenditures for
clearing, improvements,
A o.................... ................. 88,900 41
Deduct amonnt invested
in hotels and other build
ings for rent and sale.. . .
$50,287 46
39,174 66
---------------- 11,112 80
----------------596,430 31
Lake Steamship and Oar Ferry Boats—
Amount advanced on construction o f..........................
$124,515 42:
Increase in stores and materials on hand............. ...........
562,968 13
Reduction in current liabilities.................................. .
1,153,593 05
$12,129,253 91
Add Treasury assets Dee. 31,1891........ $6,027,879 33
Less amount for accrued fixed charges. 1,543,444 20
-------------------- 4,484,43513$16,613,689 04;
THE
M a t 21, 1892. j
849
C H R O N IC L E .
SCHEDULE “ A .”
Brought forw ard...............................................
$77à,833 SS
Atlantic <6 North-West Railway—
$8,373 02
Additional sidings.....................................
27,873 55
Right of way and perfection of title—
10,338 68
Additional fencing....................................
32,783 10
Addi ionat stations and buildings..........
Widening cuttings, embankments, fill
$1,296,662 11
83,367 39
ing trestles, etc.......................................
Additional semaphores, signals and
4,652 29
safety switches. - ...................................
Substitution of heavy rails and fasten
25,013 86
SCHEDULE “ B.”
ings, less cost of rails, etc., rem oved..
3,310 26
Engine sheds..............................................
DETAILS OF EXPENDITURE ON ADDITIONS AND
1,548 62
Improving water supply..........................
$197,260 77
IMPROVEMENTS DURING 1891.
Manitoba
S.
W.
Colonisation
Railway—
M ain Line.
$2,268 61
Stations and buildings..................
Q uebec to Callander . 503 Miles.
Widening outs, embankments, filling
1,979 51
Permanent B ridges.................................. $48,469 08
bridges............................-........................
1,042
59
3,753 99
Additional sidings......................................
Additional fencing....................................
860 2 1
Additional buildings, stations and yards 32,936 11
Improving water supply..........................
1,102
42
883 22
.Additional fenoing.................................. .
Cattle yards................................................
93,854 22
645 81
Yard, engine house, etc., at Outremont.
Right of way and perfection o f t itle ....
460 26
¡Substitution of heavy rails and fasten
Miscellaneous............................................
10,851 61
ings, less oost of rails, etc., removed .. 233,296 96
Widening cuttings, embankments, Ailing
$984,945 63
2,975 87
Improvement" of line between Carleton
Plaoe and Callander, reducing gradi
63,702 70
ents, straightening line, &o..................
289 52
Miscellaneous............................................
STATEMENT OF EARNINGS FOB THE YEAR 1891.
$477,669 47
$5,459,789 46
C a ll a n d e r to Po r t A r t h u r . 649 Miles.
From Passengers..................................
12,665,540 26
$6,976 61
“
Freight.....................................
Additional sidings........... ........ .
516,098 45
«
Mails..........................................
Substitution of heavy rails and fasten
288,633 25
58,326 02
“
E xpress..,................................
ings, less cost of rails, e t c , rem oved..
303,545
09
Parlor and Sleeping C a rs.....
1,39110
Additional stations and buildings..........
1,007,489 47
“
Telegraph and Miscellaneous
7.311 89
Additional fencing..................■•-•••.........
1,571 70
Right of way and perfection of title. ...
$20.241,095 98
Widening cuttings, embankments, filling
219,873 59
Expenses and settlements of disputed
STATEMENT OF WORKING EXPENSES FOR THE YEAR 1891.
31,068 14
claims, original oonstruotion...............
$3,032,475 80
326,519 05 Conducting Transportation...............
3,519,825 13
Maintenance of Way and Structures
P ort A rth u r to Don ald . 1,454 Miles.
4,217,975 09
Motive Power.
....................
$33,275
33
704,446 52
Elevator at Fort William........... ..........
Maintenance of Cars— . . . . . . ----- ...
68,698 38
13,551 90
Aaditional wharves at Fort William. . .
Parlor and Sleeping.Car Expenses...
165,092 67
Divisional yard, shops, &c., at Fort WilExpenses and l.ake Steamers........... .
37,932 90
1,194,214
86
General Expenses...............................
5,292 19
328,707 66
Coal derricks at Fort William...............
Commercial Telegraph.......................
2,542 20
Improving water supply........................
$11,231.43611 91,288 12
Permanent bridges— *...............
4,347 04
Right of way and perfection of title...
19,226 90
Additional sidings...................................
STATEMENT OF EQUIPMENT AT DECEMBER 31ST, 1891.
12,490 87
Additional fencing........ .— .................
530
Substitu'ion of heavy rails and fasten
Locomotives.....................................-............ - - • ......... - .............. .
63,194
51
ings, less cost of rails, eto., removed.
First and second class Passenger ears, Baggage cars and
517
Additional buildings, stations and
Colonist sleeping cars...................................... .........................•
73
35,082 45
First elass sleeping and dining cars..............................................
28
68,304 17
Widening embankments,filling trestles
Parlor Cars, Official and Paymasters’ cars.................................
14,077
Diversion and improvement of line at
Freight and cattle cars (all kinds).................................................
253
55,122 64
various points..........— ^......... ..........
Conductors’ vans...............................................- •••• .....................
39$
7.162 98
Coal pockets at W in n ipeg....................
Board, Tool and Auxiliary Cars and steam shovels... . . . . . . . . .
3,840 28
Miscellaneous...........................................
Lake Steamships, “ Alberta,” “ Athabasoa,” “ Manitoba.
452,654 48
D o nald to P acific Coast . 461 Miles.
DESCRIPTION OF FREIGHT CARRIED DURING THE YEARg
$7,997 88
Yard and wharves at Vancouver.........
6,790 76
Additional stations and buildings........
1891.
1890.
1889.
Description.
26,851 49
Wideningembankments,ballasting, &o.
8,367 47
Right of way and perfection of title....
2,318,999
2,216.914
2,024,007
Flour.......................barrels.
6,980 34
Additional fencing .................................
24,894,141
20,167,888
13,803,224
Grain...................... bushels.
3,280 71
Wharf at 1 evetstob e.............................
309,639
288,853
276,514
Live
Stook..................
head.
7,302
63
Addition to Glacier H otel.....................
630,690.093
564,560,194
473,462.550
Lu
her.........................feet.
1,034 26
Improving water supply.......................
12 1,0 10
109.478
100,288
Firewood................... cords.
19,391 09
Additional sidings.................................
985,090
927,787
762,138
Manufactured articles.tons
Settlement of disputed claims (original
860,789
726,014
632,518
All other articles........ tons
3,032 62
construction).........................................
Expenses of arbitration with Dominion
FREIGHT TRAFFIC.
19,109 40
Government................... ....... ....... ...
Expenditure on Government Section
under claim against Dominion Gov
1891.
1890.
1889. .
177,378 87
ernment.................................................
2,033 43
M iscellan eous............ ...............................
3,378,5641
3,846,710
2,638,690
287,500 35 Number of tons carried ....
Number of tons carried one
967,508,450 1,208,014,7311,391,705,486
Total on Main Line........ ....................... .......... $1,544,343 35
0'S4 cents. 1 0'91 cents.
Earnings per ton per mile 0-915 cents.
JBranch Lines—
Southwestern b ra n ch ............................
1.926 76
PASSENGER TRAFFIC.
Selkirk branch.................
1,388 45
Algoma branch............................................
11,609 20 14 9 2 4 4 1
1891.
1890.
1889.
$1,559,267 76
3,165,507
2,792,805
2,638,690
Number of pass, carried...
Number of passengers car253,905,182 274,940,328 320,659,836
SCHEDULE “ C.”
CONSTRUCTION BRANCH LINES.
$170,750 51
Mission Branch.............
,1,123,761 57
Souris B r a n c h ..........
1,537 24
Buffalo Lake B ran ch ...
612 79
Lake Dauphin Branch.
DETAILS OF EXPENDITURES ON LEASED LINES.
■Ontario & Quebec Railway System—
New workshops and improvements at
Toronto Junction.................................. $90,118 16
Substitution of heavy jails and fasten
ings, less cost of rails, etc., rem oved.. 113,972 20
Permanent bridges......... .......
116,598 01
Widening cuttings, embankments, e tc ..
51,385 01
Additional fencing....................................
33,953 43
Improving water supply..........................
5,068 07
Subway at Galt .......................................
7,337 53
Additional sidings...................
37,899 13
Additional stations and b u ildin gs........
55,732 80
Additional semaphores and sign a ls.....
5,035 59
Rolling s to ck ......................
70,425 30
Improvements at Smith’s Fall«.............
3,53193
Wharf and improvements at Owen Sound
21,020 88
Docks at Windsor.......................................
1,414 05
"Terminals at Toronto...............................
3,164 2 1
Union station at Detroit.......................
175,000 00
‘Miscellaneous............................................
3,108 72
Deduct amount received
$796,765 05
from sales of lauds pur
chased for right of way
on Detroit Extension in
excess of requirements...$33,623 54
D ess, expenditure on De
troit Extension.......... .
13,691 74
-------------- 19,931 80
Earnings pr pass.per mile
1-78 cents.
1-70 cents.
1*74 cents.
TRAFFIC TRAIN MILEAGE YEAR 1891.
Mileage.
Freight!.................................
T o ta l...............................
Earning«.
\Eamingspsr
Traffic Train
j
Mile.
$6,506,270 15
12,537,765 30
$1 14
1*45
14^322,370 $19,044,035 45
$1‘33
5,716,541
8,605,829
The above earnings for traffic trains include earnings from
Mails, Express and Sleeping Cars, but do not include Lake
Steamers, Telegraph, Elevators, Rents, &c., the net profits
from which amounted to $703,260 20.
EXPENSES PER-TRAFFIC TRAIN MILE FOR YEAR 1891.
Rxpensesper
Traffic Train
Expenses
Mile.
$2,519,825 13
$ 18
Maintenance of w a y ............. .
4,217,975 09
‘29
Motive p ow e r..........................
704,446 52
‘05
Maintenance of cars . v .........
4,295.389 04
‘30
Traffio and general expenses.
$776,833 25 V
$11,737,635 78
$ ‘ 82
8 50
THE
C H R O N IC L E .
[V ol. Liv,
MILEAGE OP ALL THE COMPANY’S LINES.
Brought F orw ard..................................
'¿Sfs
Don Junction to Union Station (completed but not in
Main Line .
Miles
o
p
e
r
a
t
io
n
)
..,............:............
5-2
1 . . . . . . : . . ; . . . . . . . . . 2,904*6
Montreal to Vandouver ....................... .
Woodstock to London ............................... ....................26 6
Other L ines Owned ob L eased .
London to Windsor........ .................
. . " ’ "’ 1 1 2 5
Eastern Division—
Orangeville Branch—Streetaville Junc, to Melvliié juñó! 31*7
Eiora
—cataract to E l o r a . : . : : .......... . 27-3
Quebec Section—Quebec to St. Martin's J u n ction ....
159*8
Teeswater
“ —Orangeville June, to T eesw a ter!!./ 69-4
Piles
Branch—Piles Junction to Grand P ile s .....____ 2H*9
Wingham
“
—Glenannan
to Wingham............2:1! 5.9
Joliette
“ —Jolietre iunction.to St. Felix__ . ; ___ 16*8
Berthier
" —Berthier Junction to B erth ier.:.. . . . . . . 2 0
Guelph Junction Railway (leased line).
Aylmer
“ —Hull .to Aylmer__________
7*5
Guelph Junction to Guelph.................................................. 15.9
St. Jerome “ —St. Therese. Junction to St. Jerome___ 13 *6
Atlantic A North-West Railway (leased line).
St. Lin
“ —St. Liu Jn. to St L i n . . : . . . . : . . . : . . . . . . . : 15*0
Lachine Bridge (south end) to Mattawamkeag....___,...32 7 -0
St Eustaohe“ —St. Therese. Jn. to S t Eustaohe.......... .. 6 0
(*• Short Line” to Maritime Provinces.) ' . ’
Brockville “ —Carleton Junction to Brookville.. . . . . . : 45*0
Algoroa
“ —Sudbury to Sault Ste. Marie...................182*5
St. Lawrence A Ottawa Railway (leased line).
Buckingham“ —Buckingham station to V illa g e .:....../ 4*2 4
Ottawa to Prescott................................................................ 5 1.3
Copper Mines Branches—Sudbury.....................
5*0
Chaudiere Junction to Sussex Street, O t t a w a !!!!!!!!!" ! g *6
Lake Teraiscamiugue By. (under construction)..:....... . 51*0
New Brunswick Railway (leased line).________ ______ *.___ 433.3
.............................................. ......... 535-3
Columbia A Kootenay Railway (leased lin e)......................... 27*7
Western Division—
_____j 728*9
Emerson Branch—Emerson to Winnipeg Junction. . . . . . . ,64*5
In addition to the foregoing the Company has under lease the *
Selkirk
“ —Wfunipeg-to West Selkirk.. . . . . . . . . . . . 22*5
joint
use
of
the
Maine
Central
Railway
between
Mattawam
Stonewall
“ —Air Line Junction to S ton ew a ll....... 18-0
keag and Vaneeboro........ . . . . i ___. . . _____ . . . . . i . . .
s e -i
Gretna
“ —Kosenfeld-to Gretna... . . . . .* . . : . . : . . . .. 13-7
The Company also works for account of the owners the fol
Pembina Mountain Branch—Winnipeg June, to Manitou.lOO*l
lowing Hues:
Manitoba Southwestern (leased line)—
‘ Southeastern Railway and Branches^....................................... 230*1
Manitou to Deloraine.....................................................,....101*0
‘ Qu’Appelle Long Lake and -ask tehewan R a i l w a y . ......... 249*8
Winnipeg to Glenboro.............................................................104*2
(Regi a to Prince Albert.)
Elm Creek to Carman.. . . . . . . . . . 7 . . . . . . . . . . . . . I . . ............ . 12*6
‘ Calgary & Edmonton Railway—
Souris Branch and Extensions—
Calgary to Edmonton............... ......... ... . . .......... ...........191*8
Kemnay to O xbow ....“
.......
..„..1 1 4 * 5
‘‘
Fort McLeod (under construction)......*...110*0
Oxbow to Coal Fields (under construction)....................... 40-0
------- 301-8
Glenboro to Nesbitt—.......... „ ....... ......... ............, ....... ....... 27*2
Nesbitt to Souris (under construction)................... .
. 18*2
Total mileage worked and under construction............. ......... 6,679*9
Deloraiue to Napinka (under construction)........... ....... .. 17*8
................................
• . ------- 654-3
SUMMARY.
Pacific Division— .......
New Westminster Branch..........................................
8-2
Mileage
included
in
C.
P.
R.
traffio
returns.......... .........................5,766-5
Vancouver to Coal H arbor.................................................... 1*2
Mileage of other lines worked.......... ........ ................... .................. 671-2
10*1
Mission Branch...................
Mileage under construction, including Calgary <fe Edm onton.!.. 242*2
■M
(: i
■— —
19-5
Ontario A Quebec Railway (leased line)—
6,679-9
Mile End Junction to south end. Lachine Bridge,.......... . * 9*1
Montreal (Windsor St.) to Toronto Junction....................339*0
: * The receipts and expenses o f these lines are not included in the ao
Toronto Junction to Straohan A venue.._____. . . . ___ . . . . 3*2
counts of the Canadian Pacific, nor is the company subject to any rent
Toronto Junction to St. T h o m a s ................................... ,.116*1
charge in repsect of them.
Toronto Junotion to O wen. Sound..........
116*9
CONDENSED BALANCE SHEET DECEMBER 31, 1891.
COST OF ROAD.
Main Line.. . . . . . . . . . . . . . . . . / . . . . . . . . .$130,499,104 90
Lines acquired or held under perpet- .
ual lease................................ .......... 18,818,912 80
Branch L in es............. ............. ........... 10,170,704 91
$159,488,722 61
Note.
Lines built by Government not in
cluded—Est. cost....... $35,000,000
15.444, :00 acres of land unsold,
which, at the average of last
year’s sales per acre, would real
ize................ . ......... . . . . $ 62 ,664,841
EQUIPMENT.
Rolling S to ck ....................................... $13,877,211 28
Lake S t e a m e r s ........:.............
478,952 99
Shops and Machinery (Montreal,
Hochelaga, Perth and Carleton
Place)...............................
1,228,923 87
15,585,088 14
REAL ESTATE (at and near Montreal)............
285,490 63
ADVANCES.
Southeastern Railway........................................ . . : . . i ; .
1,604,780 53
STATION BALANCES, ACCOUNTS RECEIVABLE,
MISCELLANEOUS Securities and Advances...........
5,702,902 20
ACQUIRED SECURITIES.
Atlantic & Northwest Railway 5 per ct. Guaranteed
Stock ...........................................: . . . .
$3,240,000.
Columbia & Kootenay Railway First
Mortgage 4 per cent B on d s...... .. *
693,500
3,933,500 00
ADVANCT S ON LAKE AND FERRY STEAMERS..
652,333 34
CHINA AND JAPAN STEAMSHIPS AND APPUR
T E N A N C E S..:...........................
3 471 587 69
MATEKIAL AND SUPPLIES ON HAND! ! ! ! ! ! . ! ! ! ! ! !
2.5*24!000 82
DOMINION GOVERNMENT GUARANTEE FU N D ...
3,712,532 01
ADVANCES ON LAND.
Interest on Land Grant B o n d s ...... $2,005,469 81
Less—Surplus Receipts
from Town Sites____ .$428,97118
Net proceeds sales Lands
of Man. S. W. Col. R y „ 160,599 08
589,57026
— , ______ ___ ____
1 4.15 g99 55
BALANCE DUE ON LAND SOLD—(Deferred Pay
ments) ..................... £.........................................................
1 ,970,094 2 1
BALANCE DUE ON TOWN SITE SALES—(Deferred
Payment»)........................ ..; ____
179,316 04
TREASURY ASSETS.
Temporary loans on security bearing
interest............................................... $2,341,639 39
Cash in Treasury..................................
3,686,239 94
6,027,879 33
CAPITAL STOCK............................................................. $65,000,000 00
MORTGAGE BONDS.
First mort. bords, 5 p. o ..£7,191,500 $34,998,633 33
Canada <entral 1 st mort.,
amt. of issue, £500,000.$2,433,333
Sinking Fund deposited
with Government.......... 1,500,000
Balance atmaturity..................
Canada central 2d mert., 6 per cent
Due Province of Quebec on Q. M. O.
&. O. Railway, 5 per cent............ .
Due Province of Quebec On North
Shore Railway, 5 per cent.
Algoma Branch. 1st mort., 5 p. o —
North Shore Railway, 1st m o r t......
850,000 00
973,333 33
3.500.000 00
3.500.000 00
3.650.000 00
484,719 67
FOUR PER CENT CONSOL. DEBENTURE STOCK..
LAND G R A v r BONDS, 1st mort.—
Amount of issue.......$25,000,000 00
Less: Am redeemed
and canceled— . . . 20,574,000 00
$4,426,000 00
Amount held in trust by Dominion
1, 000,000 00
Government, not bearing interest.
$3,426,000 00
Land Bonds 3*2 p. ct. interest guarj an teed by Dominion Government. 15,000,600 00
C.URRENT LIABILITIES (including Vouchers and
- Pay R o lls .........................................................................
INTEREST ON FUNDED DEBT AND RENTAL OF
LEASED LINES.
Coupons not presented, including
amounts due January 1 ,1 8 9 2 ..... $1,228,680 02
Accrued to date not due........
314,76418
SUPPLEMENTARY DIVIDEND, payable Feb. 17, ’ 92
CASH SUBSIDY FROM DOMINION
GOVERNMENT.................................. $25,000,000 00
BONUSES FROM MUNICIPALITIES
348,661 29
LAND GRANT.
3,668,386 acres sold, amounting to $11,681,533 93
6,793,014 acres taken by Dom. Gov. 10,189,521 00
Less—Expenses, cultivation rebate,
and 10 per cent on Land Grant
Bonds taken in payment...............
47,956,686 « 3
19,770,492 95
18,426,000 00
2,911,911 64
1,543,444 20
650,000 00
25,348,661 29
$21,871,054 93
2,312,273 53
19,558,781 40
TOWN SITES.
Amount received from sale of Town
Sites, not covered by Land Grant
Mortgage................. ........................ $2,183,91010
Less — Expenditure improvements,
grading, clearing, etc....... ....................... 454,397 10>
$1,729,513 00
Cost o f Hotel and other buildings at
Vancouver, and Banff 8p. H otel
613,991 57
$1,115,521 52
Surplus receipts òf 1889, 1890 and
1801 applied against Adranoes on
Land Bond interest.................. .
SURPLUS EARNINGS.
Net earnings for years 1888 to 1891
inclusive, afterpayment of all fixed
charges and Bupplem’y dividend.............
$206.554,127 10
1, G. OGDEN, Comptroller.
428,97118
686,550 34
4,701,599 25
$206.554,127 10
THE
M a t 21, 1882.]
C H R Q N 1L G R
T E N N E S S E E C O A L , IRON & R A ILR O A D CO .
REPORT FOR THE YEA R ENDING JAN. 81, 1892.
To the Stockholders o f the Tennessee Coal, Iron & R R . Co.:
In submitting to you a report of the Company’s operations
and business for the fiscal year ending January 31, 1892,
while I am obliged to mention the fact of the general depres
sion in business, which has caused us to realize lower prices
for our products than in any previous year, it is gratifying at
the same time to be able to state that while this is so, the
profits of the business have not .been disappointing, due to the
fact Of a larger output o f both coal and iron than in any pre
vious year of the company’s history, and all produced at con
siderably lower cost.
The gross profits for the fiscal year were...............................
The gross profits for the preceding year were...................... BbJ.gas 7°
Showing an increase in profits o f . . . . .......
$28,180 18
W ith the same number of stacks as the year previous we
have made 29,842 tons more iron, which is the largest output
in the company’s history. The coal output was increased
193,711, which is also the largest output of coal ever pro
duced by the company. The capaeity for output o f both coal
and iron has during the year been largely increased b, that of
the iron by improvements at some of the farnaces and that of
coal by the opening of new and additional mines, so that for
the future you may confidently expect a large increase in the
output of both coal and iron.
A comparison of the last year’s business of the company
with that of the three years previous shows as follows : ;
1888-89. : 18 89-9 0.'
Divisioni,
Tons•• *
T raov C i ^ o o T s
Traoy city,
Cowan v\R iron... ........
South Pittsburg,
iron..
(i
«
coke . . . . .
Birmingham, pi^g U o ii;..;.
Tons•
1890-91.
Tons•
413,631 387,851
351,893
154,414
133.626 113,118
*18,11256,779
24,543
J .,7 0 9
26,346
45,251
g g
g ; g
.
13,331
1891-92.
Tons•
397.736
129,332
24,535
^ 7 .7 1 0
„™ .856
50,346
47,071
43,788
40,287
Pratt Mines, co a ls.......... . 888.247 1,094,249 1,061.958 1,164.721
K a n & T h o io r e .::::
Totals.
12Ì;271
VBSSL
ii? :i6 o
.................. a, 159,203 2,518,148 2,451,070 2,705,990
R e c a p it u l a t io n .
1838-89. 1889-90. 1890-91. 1891-92.
Tons.
Tons.
Tons.
Tons.
Oo»1b
....... .............1,375,577 1,619,020 1,583,170 1,776,881
fokfi
.. • . . . . 456,605,
50^,906
498,014
521,729
Pie iron ............" . . . . . ........ 200,750
264,648
260,378
290,220
12*,574
109.508
117,160
Iron ore!"'.. ....................... 126,271
of the country, it is gratifying to be able to report to you that
the Company was never before in so good condition physically
and financially.
In the beginning of the year the financial condition o f the
country was such as to cause us to believe that the true policy
of the Company was one of contraction and liquidation, and
that policy has been pursued during the year. The assets of
the Company have been collected more closely than form erly,,
and applied to the liquidation of its outstanding obligations.
This course of husbanding our resources has produced marked
results, and but for the depression in the iron trade, which
came in the latter end of the year and caused, by reason of
our inability to dispose,of our iron, an accumulation of stocks
unprecedentedly large,' being, .as shown on form A, $788,427,
This large amount of iron which we are now carrying, has hot
been stored or hypothecated, bat has remained, in all respects,,
as a working stock on our hands in the usual manner without
a ton of it pledged for any liability or advance. With this ac
cumulation of iron, which is ready for the market, and can
be Bold at any time when normal conditions return and the
prices justify, it is with pleasure that I state that the Com
pany is now in position to commence the payment of divi
dends on the common stock whenever it may. be deemed pru
dent to deplete its cash resources or to market the iron.
Whilst the gradual restriction of make of iron which is now
in process by the blowing out of furnaces less favorably situ
ated than those of this Company leads me to anticipate at an
early date an im p rov em en t of. the market conditions, which
will enable us to dispose of our accumulations of pig iron, I
entertain, in common with the Board of Directors, the opinion
that the best interests of the Company will be subserved by
entering in the future, into the production o f steel in such
shape and under such conditions as careful examination of
the subject may dictate. The Board of Directors at a recent
meeting appointed a committee to employ expert assistance
to make the necessary examination and present to the Board
such data as might enable it to act with wisdom and decision.
The result of the conflict for distant markets which ha- been
in progress for the last few years has demonstrated the ability
of this Company to deliver its iron at a profit to itself within
every State from the Atlantic to the Pacific Ocean, and from
Canada to Mexico, inclusive; but I cannot too strongly com
mend to the stockholders the desirability of our undertaking
such enterprises at home as may obviate the necessity of seek
ing our markets over so wide an expanse o f territory, aud los
ing the greater part of the benefits incident to the geographi
cal position of our works and mines by the payment o f
freights to the markets in question.
4
A t the last meeting of shareholders a proposition for the
purchase of that part of the company’s property located in the
State of Tennessee was submitted, and a postponement of its
consideration recommended to another meeting of the share
holders called for the purpose of this alone. A t that meeting
it was submitted, and a formal vote upon ths proposition re
sulted in its rejection, The matter was thereupon ended, and
the subject was not again considered,
.
THOMAS C. PLATT, President.
Realizing that the low prices prevailing will necessitate
economical production, the physical condition of the property
has been greatly improved.
In all the mines the dead work has been driven far ahead;
the actual working of the main entries and erop entries and
air courses being far ahead of the rooms. The expense of all
this has been charged to the cost of coal, and at Pratt Mines
this represents an outlay of over one hundred thousand dol
lars. The justification of this large expenditure so made in
advance of the actual needs of - the company is to be found in
the fact that it affords the means o f taking every advantage
in working the mine necessary to reduce the cost of the pro
duction of coal. In all the main entries at Pratt Mines the
light 16-pound rails with which they were laid have been
taken up and replaced with 35-pouDd rails. New pumps and
water lines have been placed in several of the mines in order
that this end might be attained.
A t Tracy City we have opened a new mine. A t Whitwell
the mine has increased in output. A t Pratt. Mines we have
opened three additional m ines:.the one known as Alsop
Drifts, ome as Slope No. 6, and the third on the Georgia Paci
fic, known as West Pratt, The expense o f opening these
mines has been charged to working accounts, with the excep
tion of two thousand dollars expended for rails to iron the
side track connecting the mine with the main line of the
Georgia Pacific. The capacity for output o f the Pratt Mines
will be increased by the development of these mines from 900
to 1,200 tons per day. And very many minor improvements
have been made. The result is that the mines are in most
excellent condition, and have never been in such favorable
condition for a large output or of producing coal at as low
cost.
The physical condition of the furnace plants is much better
than a year ago, improvements having been made at each
plant. At the Alice plant the improvements have been great
est and have required the largest expenditure; and in addition
to that already done an additional blowing engine is being
erected. With this engine the results, though now much bet
ter, will be still further improved. For the details of the vari
ous improvements at the furnace plants and mines reference
is made to the reports of the Assistant General Managers
which are submitted herewith.
Considering the very excelbrnt physical condition of the
property, I have no hesitation in venturing the prediction that
though this has been the best in the history of the company
for economical production, that next year will be an improve
ment on this in a lower cost of production of both coal and
iron. Though the iron market has steadily declined during
the year until it has reached prices neyer known in the history
REPORT OF SECRETARY AND TREASURER.
Hon. T. C. Platt, President:
D kar Sir — l hand you herewith thè Statements which rep
resent the condition of the company’s affairs on 31st January,
1892, being the dose of the fiscal year, viz. :
PROFIT AND LOS8.
The operations o f the past fiscal year show a gross profit of
$692,069 96, and after the payment of the interest on bonds
and floating debt, premiums on bonds purchased for the sink
ing funds, and dividends on the preferred stock, the balance
remaining unappropriated-is $251,991 41, or about 2% per cent
on the common stock.-.
The balance brought forward from last year to the credit of
this account was $209,901 24, so that the total amount now
standing to credit is $461,892 65. But as within the two years
$279,001 21 of this amount has been used for capital expen di-.
tures and $12,906 30 bai been used in the reduction of bonded
debt, there is practically left in the business as an addition tothe working capital the residue of $169,985 14.
In view of this condition I respectfully recommend that I be
authorized to write off $300,000 from profit and loss account
to the various heads of ca ita! outlay in lieu of depreciation
or reduction of nominal values.
BONDS D DEBT.
No bonds have been issued during the year, and there are
none on hand for general purposes, W e have retired the fol
lowing during the year through our sinking funds, viz,:
Tracy City, issue o f 1 8 7 9 ...,,............................. ..........
Consolidated, issue of 1881........................................... . 1>°60*
South Pittsburg, issue o f 1 8 8 2 ....,,........................... 1,600»
Birmingham Division, issue of 1887............................. 1.000
Tennessee Division, issue of 1887.......... ............
7,o00
Pratt Coal & Iron Co.........................................................30,000 52,800 00
But as in accomplishing this we reduced the funds and se
curities in the siuking funds — .............................................. 54,409 17
It leaves the net bonded debt inoreased
...............
1,609 17
O f the bonds specified above, the $30,00d Pratt were cre
mated, thus reducing future interest charges. The otherswere passed as usual into the various sinking funds.
It is interestirg to not*- the changes produced within the fiveyears since 1st January, 1887, when we issued the Birmingham:
852
THE
C H R O N IC L E .
You LIT,
Division and Tennessee Division bonds. Within that time the The total surplus of treasury or unpledged assets shown
this year above all known debts, exclusive of capital
mortgages of 1879 and 1884 have been discharged, and the
stock and bonds, is, as shown by Form D ..........................$574,316 30
TaDk of the bonds now in circulation has been correspondingly
Which represents the Working Capital.
advanced. W e have retired $672,400 more bonds than we
have issued, and we have invested as capital expenditure upon
ANALYSIS.
•our properties $2,762,662 65, thus making a margin of security
The stockholders have an interest in the business of_
"to-day behind our bonds $3,435,002 65 greater than it was
Share Capital...........................................$10,000,000 00
five years ago.
Undivided Profits..................................
461,892 65
. , .
. . .
----------------------$10,461,892 65
CAPITAL EXPENDITURE.
W mch is represented bv—
Form F shows the capital expenditure for the past fiscal
year as $76,492 49, and specifies the objects on, or for, which Land....... .......................$9,685,10210
Works
and Property___ 5,391,928 15
it has been made. Following the custom o f previous years, I
n ow show where the outlay has occurred :
15,077,030 25
Ost. 1,1886, Feb. 1, 1891,
to Jan. 31, ’ 91. to Jan. 31, ’92.
Totals.
$
$
$
lEnslsy Division.................... 1,335,750 22
10,964 92
1,346,715 14
Pratt Mines Division.......... 819,550 88
16,126 72
835,677 60
South Pittsburg Division.. 444,437 83
9,605 32
454,043 15
Birmingham D ivision........
28,699 04
50,814 60
22,115 56
Cowan Division....................
1,333 10
1,116 68
2.449 78
T rae/ City Division.............
1,807 40
14,171 96
15 979 36
Land, etc...............................
54,581 69
2,391 33
56,973 02
Less bonded debt............ 5,189,453 90
-------------------
9,887,576 35
574,316 30
Working Capital............
$10,461,892 «5
Respectfully submitted,
J. BOWRON,
Secretary and Treasurer.
PROFIT AND LOSS ACCOUNT 30TH JANUARY, 1892.
1892,
Dr.
The purchase o f Oliver Springs Colliery appears on the Jan. 30. Interest paid during fiscal year, viz.:
$351,193 16
Coupons, in terest................
books on February 1, 1892, and the figures are not therefore
Miscellaneous interest...............
4,180 31 $355,373 47
included above.
Bond premiums.......................................................
4,705 08
FLOATING DEBT.
80,000 00
Dividends paid on preferred s to e k .......................
Form F shows an lnsraase this year o f................................. $132,770 46
Balance
unappropriated
profit
carried
forw
ard..
461,892
65
B ut an Increase In available aasets of.................................... 809,378 55
$901,971
20
(Showing an increase in the treasury surplrs....................$177,108 09
From whloh may be deducted the increase previously
1891.
Or.
------------------ *
shown In the net bonded debt..............................................
1,609 17 Feb. 1. Balance brought forward of undivided profits
from last fiscal year............. ......... ....................$209,901 24
Leaving a net decrease of all debt o f .................................. $175,498 9*
18§2.
"Which corresponds with the net final surJan. 30. Profits for this fiscal year:
plus o f profits............................................... $251,091 41
Tracy City Division..............................$115.866 92
Less amount spent in Improvements, as
South Pittsburg D ivision.................
92,547 28
shown under Capital Expenditures..........
76,492 49
175,498 92
Pratt Mines D ivision .................
317.281 74
Xnsley Division................................... 182,55437
Totals............................... 2,686,160 16
76,492 49
2,762,652 65
An examination, however, of Form D will show that the
position of the Company is improved not only in the amount
but also in the character of its surplus, for if we leave out the
stocks of materials, etc., a ad confine the comparison to “ quick”
assets, then the surplus of that class over all floating liabili
ties is $242,825 "06 greater than it was a year ago.
GENERAL BALANCE
Loss at Cowan Division. $3,588 64
Loss at Birmingham Div.12,59171 $16,180 35 692,069 96
$901.971 20
SHEET 30TH JANUARY, 1892.
A ssets .
L ia b il it ie s .
Land Account........................................... ............................ $9,685,102 10
P e r m a n e n t I n vestm ents —
Collieries, Coke Ovens and Plant............$1,322,007 73
Blast Furnaces and Plant........... ............. 3,389,155 57
Railroads, Side Tracks and Rolling Stoek 723,972 34
Found ries.Machine Shops,Saw Mills,&c.
132,733 29
Dwellings, Store Houses. Depots, A c....
180,479 69
Ore Mines. Rock Quarries and P la n t....
90.931 20
Prisons and Equipment............................
50,923 SO
Miscellaneous Property..................... ....
1,635 00
S tocks
and
B e a l E state —
Columbus, Miss........ .................................
S u n d r y Stocks
ok
2,500 00
4,000 00
5,391,928 15
6,500 00
834 60
Salable. Convertible. Consumable.
Nashville Office.. $9,21*77
Tracy City D iv... 11,100 33
...............................
$672
00 $14,329 81
Cowan D iv......... 88,063 90
2,984 49
3,612 00
Bo. Pittsburg Div.158,227 60
27,909 70
27,462 59
BlrmiughamDiv.125,471 39
16,426 33
23,072 70
Pratt Mines Div. 14,459 84
1,497 30
17,345 89
E nsleyD iv..........206,435 25
14,202 60
15,940 50
788,427 06
on
O prn A c counts —
Nashville Office.................................
$28 094 25
Tracy Cltv Division.......................................... 30,336 94
Cowan Division............................................ 23 648 48
South Pittsburg Division.......... ................. 142,112 52
Birmingham Division.................................. 63 087 91
Pratt Mines Division.................................... 84.647 66
Ensley Division............................................. 245,604 06
C ash
and
B ills R e c e iv a b l e
on
10 , 000,000 00
Bonds in Circulation.................................$6,083,40000
Less—
Other Bonds, Cash and Securities held
by various Sinking Fund Trustees for
893,946 10— 5,189,453 90
redemption of above Bonds..................
B il l s P a y a b l e ................... ...........................................................
A c cr ued I nterest , not yet due for paym ent..................
S u n d r y Cr e d it o r s —
Open
Accounts.
Nashville Office............... $16,602 35
Tracy City Division......... 26,403 02
Cowan Dirisien................. 32,761 37
South Pittsburg Division.
189,524 61
Birmingham D ivision ....
56,315 34
Pratt Mines Division....... 43,993 61
Ensley Division............... 347,975 62
$713.575 92
$612,971 08 $63,692 42 $111,763 56
S u n d r y D ebtors
.$
B o n d ed D e b t —
=='
H and —
Ca p it a l Stock —
90.000 Shares Common at $100eaeh ..$9,000,000 00
10.000 Shares Preferred at $100 each. 1,000,000 00
B onds —
Columbus GasCompany B o n d s ..........
Tenn. C. I. & RR. Co. (fer Sink. Fund).,.
$708,250 31
Lett—
185,651 44
65,428 83
Due
Employee.
$ .................
8,048 95
1,426 47
15,522 50
10,827 87
43,913 73
13,351 20
$93,090 72—
806,666 64
Xnsley D ivision ............................................. $2,860 76
Tracy City Division....................................... 2,221 95
Nashville Offioe............................................... 15,019 41—
20,102 12
B a d D ebts R e s e r v e F u n d —
U n ap p r o p r ia t ed B a la n c e o p
P r o f it a n d L oss
A cco u n t ................. ........... .................................................
461,892 05
617,531 82
H and—
A t Main and Branch Offices....................... $124,241 34
In Bank............................................... ......... 22,052 78
146,294 12
S uspense Accounts —
Cowan Furnace..... ...................................... $26 992 85
South Pittsburg Furnaces.... ..................
8*,267 53
New Stoves, South Pittsburg....................
23,697 12
Mines................... ............................
2.960 55
Alice Furnaces............................................. 34,868 32
Less—
Xnsley Furnaces Re.lining Fund.
$96,786 37
4,208 64
92,577 73
$16.729,195 58
$16,729,195 58
Comptroller of the City of Milwaukee advertises in
¡state and City Department” of the C h r o n ic l e , inviting
proposals up to June 1 for the retirement of certain bonds
nnaer the Sinking Fund provisions.
~ § £ a*e(* proposals will be received up to the 31st inst. by
the Treasurer of the City of Chelsea, Mass., for $181,000 reper cent bonds- See advertisement in
State and City Department.”
—Attention is called to the card of the new firm of Red
mond, Kerr & Co. The members composing this firm are all
well-known in the Street as active and well-posted. Mr. Red
mond, the head of the house, is a member of the New York
Stock Exchange, while Mr. Kerr has been long identified with
the bond business in the house of Messrs. Charles T. Wing &
Co., this city. The firm will transact a general banking and
brokerage business, and allow interest on deposits.
th e
THE
May 21, 1892.J
% h z
(& o m m zv tm \
C H R O N IC L E .
853
C O T T O N .
% xm zs .
F r id a y , P . M.. May 20, 1892.
Th e M o v e m e n t
COMMERCIAL
EPITOME.
F r id a y N ig h t , May 20, 1892.
The dispute between the workers in granhe and their em
ployers, referred to in our last, has culminated in strikes and
lock-outs which have thrown many thousands of men out of
employment, crippled building operations in the cities and
brought the work of re-paving our streets to a stand, besides
greatly disordering trade in many parts of the New England
States. A climax, however, cannot be far off. Heavy rains
have continued, causing floods in the Mississippi River and
some of its great Western tributaries. The waters have risen
to almost unprecedented heights. Many lives have been lost
and much property destroyed. The influence of the floods has
also entered into speculation in cotton and breadstuffs by ex*
citing apprehensions regarding the next crops. To-day the
trans-Mississippi region generally reports clear or clearing
weather.
Lard on the spot w as dull and barely steady until to-day,
when there was more activity, and prices made a consider
able advance in sympathy with values for contracts. The
speculation in contracts has at no time been active, but prices
made a sharp improvement to-day in sympathy with the rise
in corn and other cereals. The rise for July delivery is 12
points for the week.
d a i l y c l o s in g p r ic k s o p l a r d f u t u r b s .
May d e livery......
Sat.
.0. 6-55
c. 6 6 0
6-68
■C. 6-76
lion.
6-53
6-57
6-65
6-72
Tue»
6-50
6-57
6 63
6-70
Wed.
6-49
6-57
6-64
6-71
TKltr.
6-52
6-60
6-66
6-72
?n .
6-65
6-72
6-79
6-&5
il to-day, when a good business was done
at full and hardening" prices at $9 t5@$9 75 for old mess,
$10 75<a$ll 25 for new mess, $10 for extra prime and $12$
$14 for clear. Beef remains quiet; extra mess, $6 25@$6 75,
packet, $7 50(3$8 50, family, $9 <r$10 80 per bbl.; extra India
mess, $18@$ 17 per tierce. Beef hams closed steady at $14 ri
$14 50 per bbl. Cut meats have made further advance, with
more doing to-day, the sales including 50,000 lbs. pickled bel
lies, 10(3! 12 lbs., at 6%c.; pickled shoulders quoted 5 ^ ^ 6 ^ c .
and hams 10^ d>10%c. Tallow has continued active, and
closes firm at 4%c. Stearine is quiet at 7^7J^c. in hhds. and
tierces. Oleomargarine is steady at 6%c. Butter closes firm
at 17 <t 2lc. for creamery. Cheese is dull at 9 ^ 3 10%c. for
new State factory, full cream.
Coffee on the spot has been moderately active and prices
have advanced; Rio No 7 is quoted at 1 13^c . ; mild grades
have also shown a fair degree of activity at an improvement
in values; good Cucuta is quoted at 2lc. There has been a
fairly active speculation in contracts, and prices have advanced
on buying by “ shorts” to cover contracts, the demand being
stimulated by the increased activity of the spot market and
decidedly stronger advices from Europe. To-day an early im
provement was lost under selling by “ longs” to realize profits.
The close was steady, with sellers as follows :
of the
C r o p , as indicated by our telegram
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 30.670 bales,
against 50,127 bales last week and 50,870 bales the previous«-eek, making the total receipts since the 1st of Sept., 1891,
6,883,913 bales, against 6,713,635 bales for the same period o f
1890-91, showing an increase since Sept. 1.1891, of 170,278 bales.
Receipts at—
Hon.
Sat.
Tues.
Thurs.
Wed.
Fri.
Galveston........
704
220
393
92
1,092
New Orleans...
Mobile...............
9él
120
2,77.7
133
1,468
4
222
24
1,031
144
535
1,511
Savannah........
Brunsw’k, &e.
Oaarleston.......
Port Royal,&o
W ilm ington....
......
913
.......
841
......
......
......
213
112
......
23
690
........
38
217
365
......
211
408
129
95
101
106
5
64
......
38
407
134
728
765
229
251
413
198
1,195
......
Norfolk.............
West Point...
N’wp’tN’s.&o.
519
......
........ ......
......
.......
51
228
B >ston..............
Baltimore. . . . . .
P uiladelph’a, &c
1,149
......
25
......
......
413
202
65
288
ratals this week
4,242
7,381
4,363
2,583
4,699
......
......
Total,
793
894
299
85
3,294
894
6,758
515-
' 551
497
523
........
12
4,873497
1,703
456
573
157
10
398
1,939
210
2,166
2,188
157
685
3,576
1,939
1,203
222
7,402 30,670
The following shows the week’s total receipts, the total since
Receipts to
May 20.
G alveston...
El Paso,&o.
New Orleans.
Mobile.
Savannah...
Bruns., <fco.
Charleston ..
P. Royal,&o
Wilmington.
Wash’tn,&c
Norfolk........
West Point.
NwptN.,&c
New Y o rk ...
Boston.........
Baltimore...
Phll’ del’ a, <fto
1891-92.
This Since Sep.
Week. 1,1891.
1890-91.
This Since Sep.
Week. 1 , 1890.
3,992 985,506
3,294 1,125,892
23,716
40,389
894
6,758 2,411,381 10,891 2,008,011
515 260,580
681 235,670
43,309
24,698
4,873 987,417
5,968 1,089,972
984 186,991
497 164,546
3,236 497,121
1,703 455,030
1,525
866
2
462 187,189
222 158,109
8,744
2,342
2,166 *503,706
3,275 625,146
2,412 337,853
2,188 322,954
92,680
44,801
293
157
86,991
2,307 126,591
685
1,848 109,848
3,576 126,729
49,219
87,037
1,939
60,203
2,235
77,736
1,203
Stock.
1892.
1891.
28,059
12,236
156,081
18,570
J.67,319
12.11T
28,259
32,464
15,342
.......«
12,721
11,131
6,651
18,203
2,657
10,917
1,913
421
155,039
3,500
3,985
11,094
376,252
8,300
14,024
15,564
Totals........ 30,670 6,883,913 38,591 6,713,635 709,564 413,257
* 8,091 bales added as correction of receipts since September 1.
In order that comparison may be made with other years, weReceipts at—
1892
1891.
1890.
1889.
1838.
1887.
Galv’ston,<fte
New Orleans
Mobile..........
Savannah...
—an advance of 20@ 60 points for the week.
Ciarl’ st’n,&c
Raw sugars have continued in fair demand, and the close Wllm’gt’n.&c
was firm at 2%c. for fair refining Muscovado and 3 l-16c. for Norfolk........
centrifugals, 96 deg. test. Refined sugars have been moder W’t Point, &c
ately active and steady ; crushed is quoted at 5c. @ 5J^c. and All oth ers...
4,188
6,753
515
4,873
1,703
222
2,166
2,345
7,900
3,992
10,891
681
5.968
3,238
462
3,275
2,710
7,374
243
9,650
227
1,571
315
16
311
273
1,277
1,041
3,410
92
329
493
67
167
656
3,483
485
6,475
345
1,923
1,309
39
3,773
4,527
4,725
218
1,997
474
860
540
53
1,662
687
3,274
Tot.thlsweek
30,670
38,591
13,833
9 743
23 601
9,765
May........... .
12-60o. A u g .............. 1200C. N o v . . . . . . . .. . . 11 95c.
J u n e ..............12-15o.
S ep t,.............. 11-95c. D e o ................ 11-950.
J u ly ............... 12-05o. IO c t ...................ll-95o.
granulated at 4 5-16c. @ 4 7-16c. The boiling grade of
molasses has further declined to 1034c. for 50-deg. test. At
the tea sale on Wednesday the offerings were limited and
prices were steady.
Seed-leaf tobacco has continued to have a fair movement,
and sales for the week amount to 1,575 cases, as follow s: 300
cases 1891 crop, New England Havana, private terms; 800 cases
1890 crop, Wisconsin Havana, 12@l4c.; 75 cases 1890 crop, New
England Havana, 30®40c.; 150 cases 1890 crop, Pennsylvania
Havana, 13^@ 35c; 100 cases 1890 crop, State Havana, 1
25c., and 150 cases sundries, 634® 30c.; also 600 bales Havana
at 62c.(3)$l 15 and 250 bales Sumatra at $2 <t$3 25. There has
been a better business in Kentucky leaf, and sales for the
week were about 500 hhds., mainly for export.
Straits tin, favored by strong accounts from other markets,
has been active, and prices have further advanced, and the
close is firm at 2t*35c., the transactions for the week amount
ing to 400 tons. Ingot copper has been quiet, and at the close
irices are easier, on the basis of 12c. for Lake. Domestic
ead is dull and unchanged at 4'27^c. Pig iron is lower, and
prices for No. 2 range from $14 to $15 for Southern and
Northern.
Refined petroleum is quoted at 6-05c. in bbls., 6-85c. in
cases and 3*55c. in bulk ; naphtha, 5c.; crude in bbls.. 5'40c.,
and in bulk, 2‘90c. Crude certificates sold to-day at 5534c* (*
55,%c., closing at the higher figure. Spirits turpentine has de
clined under weak Southern advices, closing at 3 l^ c . @ 32c.
Rosins are quiet but steady at $1 45 (81 $1 50 for strained.
W ool meets with a more general demand at steady prices.
{
Since Sept. 1. 6883,913 6713,635 5742,765 5402,81115344,735 5168,288
The exports for the week ending this evening reach a total
of 55.290 bales, of which 37,967 were to Great Britain, 1,541
to France and t5,783 to the rest of the Continent. Below are
the exports for the week, aril since September 1, 1891,
Export*
from—
Prom Sept. 1.1891. to May 20. 1892
Week Ending May 20.
Exported to—
Exported to—
Great
ContiDonU Total
Grew
Total.
franc■
Stance
nent.
neat. Week. Britain.
Brlt'n
Galveston......
Velasco, &c....
New Orleans.. 22,02d
Mobile............
Savannah —
Brunswick ...
Charleston —
Wilmington...
8,300
Norfolk.........
West Point..
N’portNws, &<
9,035
New York....
2J18
888
Baltimore....
Phlladelp’a,&<- ........
Total...........
ST.907
Total. 1800-91. 89,168
800
800
1,926 23,952
1,50»
1,500
5,216
8,516
97.349 804,336
630,360 76,627
37,251
8,753
33,498
905,750 191,213 611.164 2,011,127"
37,866
87,866
175.926 30,197 289.461 495,584
103,796
98.947 4,849
160.030 5,550 179 282 344,862.
62 90* 114,573
61,671
36,8 '4 192,112
147.318 7,906
91,02»
16,6*7 107,666
27,209
21,937 5,272
433.763 33.942 179.929 647.634
10,094 252.266
242.172
96 441 7,611 135.254 239.306
18.660
708
17,952
,* ...,
3,360 13,936
2.718
2,980 3,808
........
1,541j 15.T8« 55,236 3,124,915 666,161 1,643,172 5,434,248
1,035' 4.949 45,152 3.146.3441536.956 1.743.263 (.426 563
1,541
THE
854
In a u ction to above exports, our telegrams to-night also
give ns
9 following amounts o f cotton on shipboard, not
cleared, at the ports named. W e add similar figures for
New York, which are prepared for our special use by Messrs,
Qarey, Yale & Lambert. 24 Beaver Street.
On Shipboard, not cleared—fo r
May 20 of—
Other Coast
Great
Britain. France. Foreign wise,
Leaving
Stock.
Total.
Other p o r ts ....
2,926
None.
None.
None.
None.
None.
9,000
10,000
3,037
2,474
None.
None.
None.
None.
600
None.
8.502
None.
None.
None.
None.
None.
4.000
8.000
204
1,02>
800
900
None.
3,400
None.
None.
14,669
3,494
800
900
None.
3.400
13,600
18,000
141,412
24,565
27,459
31,564
18,570
14.803
362.652
33,676
Xotal 1892...
21,926
6,111
20.502
6.324
54.863
654,701
Total 1891...
Total 1890...
27,099
20.674
5,906 15,135
5,900
200
7,912
5,294
56,052
32,068
357,205
173,895
New Orleans...
Galveston........
Savannah.........
Charleston.. ..
M obile..............
N o rfolk .... . . . .
H
►3
3
3
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£•
• «I
©©
<
«5
©• I
Sat. M o n T u e s W e d T h .
UPLANDS.
GULF.
Sat.
415i8
5 ’ 16
Si18
61«
6*8
718
7&ie
7«8
7*8
8*16
81316
M on Tues W ed
4*8
514
6*8
618
6*16 6*16
61316 61ai6
7118
7 Î48
714
» .
7»16
i>
8%
s 4 ‘“ Z
8%
%
4*8
5
538
6k
6%8
6L-16
7*16
7%
z\h*
I8IkI 16
8*8
Th.
F r i.
Ordinary............................. V lb. 51*
514
514
5’ 16 5*16 5 k
51% 51Î16 l o *8 5 k
Strict Ordinary........................... 5«8
55s
6
>«
61«
Good Ordinary........................ .. «1«
6*16 6°8
» 6
6*8
Strict Good Ordinary................. Ëi;he 61316 61316 6*8
61*16
7k
Low Middling............................. 7*16 7*18 7*16 714
7*te
71«
7k
Strict Low Middling.................. 7 h e
7*16
7*16
l7*8
i t 6 7*8
Middling...................................... 7®s
7U16 7 n 16 7 k
G ood Middling............................
8 i16
71«16 71&16 8
8k
8k
■Strlot Good M id d lin g.............. §^18 8» 6 8
|’ 16
8Ì316 8IS16 8*8
8%
8%
Middling Fair............................. 8%
918
9i8
Fair.............................................. 9ie
9*16 9*16 9 k
S a t. M o n T n e s W e d T h . F r i .
STAINED.
Good Ordinary...................V lb.
Strict Good O r d in a r y ...........
Low M id d lin g..............i ...........
Middling......................................
,
43s
5
5*e
61*16
43s
5
5*8
6l3i«
43«
4*16
5
òh e
5*8
613i6 6*8
4*16
5 16
fil
uè
6*8
4k
5k
6
61*16
ò® "
SPOT MAKKET
CLOSED.
SALES OP SPOT AND TRANSIT.
Ex
port.
0 on- Spec- Con
sump. ul’ t’n tract. Toted.
101
Saturday Q uiet.................
807
Monday.. Easy...................
'Tnesday.. Steady ............... 1,666
Wed’da y. Steady at ii«a d . 1,625
'Thursday Steady............... 1,199
975
F rid a y ... Steady at k « ad.
250
808
310
960
270
65
6,372
2,693
T ota l...
___
....
....
....
....
—
T h e S al .e s a n d P r ic e s o f F u t u r e s
'fo llo w in g co m p re h e n s iv e ta b lq :
: ..
200
....
....
....
100
351
1,815
2.006
2.585
1,469
1,140
Salee of
Futures.
28,300
73,600
75,300
97,400
118,200
111,900
’ to©*
0 -4
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II
MARKET AND SALES.
The total sales of cotton on the spot 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 glance how the market closed on
same days.
S
OhjŒo
G3®S
oas-g.
a
.
O
®
g
* s03 r©a©t g3
c®
®
ss
P a>- V) W ?
cil_______-4______ O_______ O.
t>
te -4-4 ïj
-4 -4
^
%
tòta ® te tô 2
O© ®
tòta
2
0000
cow ® il-to '*
TCO I a :
Ia *
I a.M: i a :
05
o
-4
«ft
-4 -4 0 -4
- 4 - 1 C -4
-3 -4 0 -4
Mg.© — ¿A ® 6
Wtó°tÒ
F r i.
41&16
5°ie
6'l6
6k
6*8
7k
7^16
7®8
7*8
8*16
813i6
0 3 ® 55*
®o ©
Po*
aog
<i
towg WfcO 3 _
3. j n à I
g a fa
g® PB jfS-i’-'aj
B *?® Ä è-® S*„w® 2t
ODCÎÏ
M b « Y*00®** **-4©^
The speculation in cotton for future delivery at this market
was without feature of importance or decided change in val
ues until Tuesday, when prices took a turn upward. The imptovement was due to an unexpected rise in Liverpool, which
it was said by private cables) was caused by the publication
in English papers of somewhat sensational accounts of the
floods in the Mississippi River and its principal Western tribu
taries. Of the high water and local floods there was no doubt,
and as time passed their serious import to crops in bottom
lands became fully apparent. The “ spot” markets developed
more activity at better prices. From these influences the market
derived such strength that on Thursday morning August con
tracts had risen to 7'50c. against 7’28c. on Monday. This rise
brought in sellers to realize, and prices soon fell off 5 to 7
points. To-day there was renewed buoyancy, on a stronger
Liverpool report, additional reports o f floods and more confi
dent action on the part of the “ bulls.” Cotton on the spot
has bfeen much more active for export, and on Wednesday
quotations were advanced l-16c. To-day there was a further
advance of 1-16c., middling uplands closing at 7%c.
The total sales for forward delivery for the week are 504,700
bales. For immediate delivery the total sales foot up this week
9,865 bales, Including 6,372 for export, 2,693 for consumption,
— for speculation, and 300 on contract. Of the above-----bales were to arrive. The following are the official quotations
for each day o f the past week—May 14 to May 20,
O rdinary.,............. ...........V lb. 478
Strict Ordinary.......................... 54t
Good Ordinary...........................
Strict Oood Ordinary................ 6 ‘ie
Low M iddling................. ........ 6t*ie
Strict Low Middling.............
7iie
Middling.................................... 71»
Good Middling..........................
Strict Good Middling.................
Middling Fair............................
Tair............................. ............... 8%
[VO L L I ?
C H R O N IC L E .
g i
to .
Iô
1
te
-4 -4 0 -4
CC Oü © - 4
C O to
te
-4-4 5
<xaa ®
CD00 *■*
19 :
<1
òó® ò
OM ©
-4 -4
tÒÒ
tete
I ai
II
19 : 1 9: .
, , oc» , , :
i l : J 1 1 0^0 1 1*
O
1« : :
11 I
* Include» «ale* in September, 1891, for September, 19,6^0; Septem •
ber-Ootober, for October. 344.200; September-November, for Novem
ber, 619.00 m; September-December, for December, 1,067,300; September-January, for January, 3.947.2 >o; September-February, for Febru
ary. l,739.8<><>; September-March, for Marob, 3,422,10c; SeptemberApril, for April, 1,507,200.
fhefollow ing exchanges have been made during the week,;
•17 pd. to exch. 200 Aug for Oct.
•52 pd. to exch. 100 July for Jan.
•10 pd. to exoh. 100 June for July. •09 pd. to exch. 1,100 J’ne for July.
•05 pd. to exch. 100 May or June.
•76 pd. to exch. 200 May for Feb.
•07 pd. to exeb. 500 Aug. for Sept. 06 pd. to exch. 100 July for Aug.
•23 pd. to exch. 100 June for 8ept. •41 pd. to exoh. 500 June for Nor.
•06 pd. to exch. 200 July for Aug. •09 pd. to exch. 800 Juue for July.
■03 pd. to exch. 200 Aug. for Sept. •15 pd. to exch. 100 J’ ue for Aug,
T h e V is ib l e S u p p l y o f C o t t o n to-night, as made up by cabl*
and telegraphis as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week’s returns,
300 9,365 504,700 and consequently all the European figures are brought down
o Thursday evening. But to make the totals the complete
a r e s h o w n b y th e figures for to-night (May 20), we add the item of exports from
the United States, including In it the exports of Friday only.
THE
M i t 21, 1802.]
1892.
1891.
1890.
Stockât L iv e rp ool......b a les. 1,701,000 1,215,000 1,008,000
Btook at London.......................
14,000
18,000
11,000
C H R O N IC L E .
1889.
877,000
8,000
Total Great Britain stock. 1,715,000 1,233,000 1,019,000 885,000
Stock at Hamburg.......... .
4,000
4,600
3,700
2,200
Stock at B rem en ..................... 149,000
159,000 112,000
43,300
Stock at Amsterdam...............
27,000
20,000
8,000
17,000
Btook at R o tterd am ..............
300
300
200
200
Stock at Antwerp.....................
5,000
8,000
6,000
32,0o0
Stock at Havre............. . . . . . . .
415,000 260,000 190,000 116,000
Stock at Marseilles...................
14,000
14,000
3,000
5,000
Stock at Barcelona________
90,000
115,000
87,000
69,000
Stock at Ganoa..........................
21,000
10,000
12,000
19,000
Btook at Trieste..... .................
20,000
22,000
8,000
11,000
Total Continental stocks........
745,300
612,900
429,900
314,700
Total European stocks.. .. 2,460,300 1,845,900 1,448,900 1,199,700
India cotton afloat for Europe.
308,000 234,000 311,000 260,000
Amer, oott’nafloatfor Europe.
211,000 194,000
75,000 142,000
Kgypt,Brazil,&c.,afltf or E’r’pe
34.000 43,000
31,000
26,000
Btook in United States ports ..709,564 413,257 205,963 301,853
256,4§7 169,863 . 39,867
47,809
Stock in U. 8 . interior tow ns..
United States exports to-day.
17,402 10,196
953
4,833
Total visible supply........ 3,996,823 2,910,216 2,142,683 1,982,245
Of tbe above, thetotalsof Amerioanandotner descriptions areas follows:
Liverpool s to c k .........b a le s . 1,477,000
Oontinentalstocks..................
608,000
American afloat for E urope... 211,000
United States stock.................
709,564
United Statesinteriorstooks.. 256,497
UnitedStateB exports to-day.
17,462
978,000
452,000
194,000
413,257
169,863
10,196
137,300
303,000
34,000
160,900
234,000
43,000
706.000
320.000
75,000
205,963
39,867
953
655,000
136,000
142,000
301,853
47,809
4,883
Q u o t a t io n s
for
85ò
M id d l in g C o tto n
at
O t h e r M a r k e t s .—
Below we give closing quotations o f middling cotton at South
ern and other principal cotton markets for each day of the week,
Week ending
May 20.
Galveston...
New Orleans
Mobile..........
8avannah...
Charleston..
Wilmington.
Norfolk........
Boston........
Baltimore...
Philadelphia
Augusta___
Memphis....
8t. L o u is ....
Cincinnati..
Louisville...
CLOSING QUOTATIONS FOB MIDDLING COTTON ON—
Satur.
Jfon.
7*0
7
7
7
7
6%
7*16
7*4
7*4
708
7
7
7*i0
71«
7
7
7
7
6%
7hs
714
7318
714
7*4
7»8
7
7
7*16
714
7*s
Tuet.
7*8
7
7
61516
7
6%
^ is
714
734
71%
7
7
7
7*4
7*«
Wednes.
Thurs.
Fri.
7*8
7*t0
7
6l5i0
7
6^
7*8
7*4
7*4
7^8
.7
7*8
7*8
73s
7*8
7*8
7*8
7
7
7
63l
7*8
7*16
7*4
75s
7*8
7*8
7*8
730
7*4
7*8
7*8
7
7
7
7,*8
T"i0
7*4
75s
7*8
7*8
7318
733
7Î4
The closing quotations to-day (Friday) at other important
Southern markets were as follows:
Newberry.........
65g
Atlanta............ 6 is 16 Little R ook . . . . 6 %
R a le ig h .......... E7
Montgomery. . 678
Columbus, Ga. 6 \
Selma . . . . . . . . .
6%
Columbus, Miss 6*4
Nashville........ 63i
Eufaula.. . . . . . . . 01318 N atchez. . . . . . . 61516 Shreveport. . . .
69i®
R e c e ip t s F r o m t h e P l a n t a t io n s .— The following table
Indicates the actual movement each week from the plantations^
The figures do not include overland receipts nor Southern
Total Am srican .................3,279,523 2,217,316 1,347,783 1,287,545 Consumption; they are simply a statement o f the weekly
Mast Indian, Brazil, die.—
movement from the plantations of that part of the crop which
Liverpool stock......................... 224,000 237,000 302,000 222,000 filially reaches the market through the outports.
14,000
18,000
11,000
8,000
London stock............................
Oontinentalstocks..................
India afloat for Europe............
Bgypt, Brazil, Ac., afloat........
109,900 178,700
341,000 260,000
31,000 26,000
Total East India, &o.......... 717.300 692,900 794,900 694,700
Total American.................. 3,279,523 2,217;316 1,347,783 1,287,545
Total visible supply.......... 3,996,823 2,910,216 2,142,683 1,982,245
Price Mid. U pl.,L iverpool....
4 ii 8d.
4\ d.
6»i 6d.
6d.
PrioeMid. Upl.,New Y o rk ....
7®80.
8 i$, 6o.
12300 .
11*80.
Beeeipte at the Ports. St'kat Interior Towns. Rec’pts from Plapt’ns,
Week
Ending— 1890.
1891. ; 1892. 1890. 1891. 1892. 1890. 1891. 1892.
15...... 20,981 .71,313 62,416 95.338 259,773 247,989 11,532 65,220 42,414
22...... 19,330 64.733 43,207 83,881 247,.»81 320,683 7 876 62,841 16,901
29...... 16.580 59,530 40,283 72,194 281,975 301,912 4,896 44,180 30,512
6...... 16,408 44,772 60,870 61,594 211,869 283,018 5,808 24,666 81,978
28,394 32,080
• IS...... 11,505 62,519 60,127 45,684 187,744 204,971
•* 20..... 18.883 88,591 80,870 89,867 169,863 266,497 8,066 20,710 22,190
Apr.
“
*•
May
t y The imports into Continental ports this week have been
90,000 bales.
The above statement shows: 1.—That the total receipts from
The above figures indicate an increase in the cotton in sight the plantations since September 1 , 1891, are 7,094,481 bales; in
to-night of 1,086,607 bales as compared with the same date 1890-91 were 6,868,928 bales; in 1889-90 were 5,769,073 bales.
of 1891, an increase o f 1,854,140 bales as compared with the
2.—That, although the receipts at the outports the past week
corresponding date o f 1890 and an increase o f 2*014,576 bales were 30,670 bales, the aotual movement from plantations was
as compared with 1889.
only 22,196 bales, the balance being taken from the stocks at
A t t h e I n t e r io r T o w n s the movement—that is the receipt8 the interior towns. Last year the receipts from the plantations
-for the week, and since September 1, the shipments for the for the week were 20,710 bales and for 1890 they wiere
week and the stocks to-night, and the same items for the 8,066 bales.
corresponding period o f 1890-91—is set out in detail in the
O v e r l a n d M o v e m e n t f o r t h e W e e k a n d s in c e S e p t , fi.—
following statement.
We give below a statement showing the overland movement
for the week and since September 1. As the returns reach ua
►% SCQ a tnWtr*t* O # % Q
by telegraph late Friday night it is impossible to enter so
S 2 .® a * .2 3 5 g | | | g
5 P o w S S s r g -B B S g p *
largely into detail as in our regular monthly report, but all
2 2 .i' g “<2 ® S ? ® I ® à e '^ <§ 0 !•“
the principal matters of interest are given. This wepkly
publication is o f course supplementary to the more extended
f f - s a f e g.®-“ f c l e f S
monthly statements. The results for the week ending May 20
» S S f i ® g ® ¿3: o®
and since Sept. 1 in the last two years are as follows:
: ®
srs-eg^gg:
P:•
•r s i; ab e a r s i
OD• 89 • P P l U
g* •
1891-92.
MMM*
com
CO 090MI005
ffco* €0COM COtOHOl
Q WO, MOlCtO if^k0^QCC0Oè009MC0<ÌG0O! iF^lOOiXO^O)
OHtO«
torfi-CnCOOCJìCH
May 20.
S to
O
H*
H
<J H*
c
t»lf^W»lk|(.®Cj(<I)-‘ WMf-'Q0O'-‘ Q0b3MWC0-3O&5<II^-lf>-®W03~Ja0
© OS <0h*MM©W cnrf. ► - A ® »-C»® © <1-1 ©*-‘00*0'»WW'l'Jltk. MS
vt © if. <i © ì-w © © wlo ©Î-® w w®l* »o<i
co ® w talaV©!to ©enta I-»»® © osm tooo-jaoicoo»©© w® wo>cnoìo*05i^ao o ©
c»ii*®ö'®#-©©w©®<ia©wifl.©w«a©©©w-iif.ka®ii».^©©
; ;
to
h ©; ; co-O1-*»
©co, ,
© H l
.
loco
•
oi
6 ►di
cu © it, i-<ts ©■ © wwwo>co#-cicù'4 co® # . » S i
*-• co i- i® © —cok- —© *+to i
© t f .O C O C O W V W H - C O O C U C O .
W W W © © © ® if.© » — © © ®
te;
w if. *. ||k.OS | £ S»
ta lo o -jo so to b : î - j © i-ì-< i m coW s © ©ce co ‘
c> oì-" cni-Vi K g
Oixxtst—OtO-i®; tsi—i*.,—ex«©©**©®®; ©©©©<n*.tocn- £ »
<1 © tO|HCO00 I—<| i V©®(O©H*tOCOl^t0®©. to to If-W® If-© If►
i—©
h*
COÇOMtOtOj M <1p p p p t o
p -0 ;
CO
H fl
;
to to
'© COMto WtomV © ta 63
co'
aD ^ O H *tooffloacas«M co< )u® <oo> ic;
©tO©®©^)OH-l-1®©if.©COCO©Cli©f-r-©^l.
;
to
• I-105 to to H*co®
! hmoh^ ^ h
• tOr*1-1® f-O -t
WtOM
it .
HMJJNH; to; to-1
1-1
c oop ts
©©.
l»Hl*©f-|’bo©to©'to' h | toi- toœit. to coit.it. © •
o n - M a # .® © ® » ; o>; t-*.© © © oo^®M © :
^C©VO'»-OtO ©. ©■ -Ol-O © © to © I- to © •
* Louisville dgures “ uet ” lu both years.
t This year’s figures estimated.
ë
o<© o>COto If. ©
©to H<0 0 # S
tc o u © © ^ o
to
Iff
t-
tOp©©MjO<l
toit-COtOte<lbl
fOOHflHHlf
H c e o -g )»
t Revised,
The above totals show cnat the interior stoeks have decreased
during the week 8,474 bales, and are to-night 86,634 bales
more than at the same period last year. The receipts at all the
towns have been 3,519 bales less than the same week last
year, and since Sept. 1 they are 132,072 bales more than for the
game time in 1890-91.
Total $ross overland...............
Deduct shipments—
Overland to N. Y., Boston, &o..
Between Interior tow n s............
Inland, &o., from South............
3.463
1,921
76
1,089
2,494
1,781
1890-91.1
Wccle.
Since
Sept. 1.
628,839 14,777 t623,918
339,756
2,394 288,943
161,462
85>03S
125
37,546
26,975
2,143 200,575
196,594
896 173,114
151,660
156,532
1,551 142,865
10,824 1,672,389 21,886 1,541,425
7,403
26d
1,397
330,493
60,459
88,704
6,390
515
3,396
9,065
529,656
10,301
553,030
1,759 1,142,733 11,585
Leaving total net overland*..
* Including movement by rail to Canada.
i Revised.
988(345
Total to be deducted..............
345,861
109,252
»7,967
The foregoing shows that the week’s net overland movement
this year has been 1,759 bales, against 11,585 bales for the same
week in 1891, and that for the season to date the aggregate net
overland exhibits an increase over a year ago of 154,388 bales.
•»
©
to
CO©
© i4 in m © •—to © t- coco f to -a to® to coco^ -i © ^ eo#. t-*» #. ® ® © #
¡o^t © © cow ©® w © <i œ © © it. © © © ©top —® ® p © I—to io ci H*
to w © © to m ci»1© coì-<coV ©
O»co ® f. © ©i-*^-to co © cn
m
<ll—©©^S©©©l^.®œ^^œ©W®>-‘ ®lA©œœ©lt.®^0^^œl*<®|-| ÇQ(te
©I^.W^-©©e0Oí.®l^.®®W.^C0®O|^.*-<ea>^0r•‘ <^r-—
o
;
co
toit.
<1 ;
f-'© to
»- w i—ccVi tof.Meotoif.H.O}
©oi. t-to^i<ii-© © to© w .ico'<iœ © o<0'rOi©' © 0 -10 0 H -® © *.© -! WOi©©©® <IM
Shipped—
Via St. Louis................................
Via Cairo......................................
Via Hannibal...............................
Via Evansville.............................
Via Louisville..............................
Via C incinnati............... ..........
Via other routes, &o...................
Week.
Since
Sept. 1.
In Sight and Spinners'
Takings.
1891-92.
Week.
Since
Sept. 1.
1890-91.
Week.
Since
Sept. 1.
Receipts at ports to May 2 0 ...... 30,670 6,883,913 38,591 6,713,635
1,759 1,142,733 11,585 988,345
Net overland to May 20............. .
8,000 524,000 7,000 484000
Southern consumption to May 20
Total marketed....................
Interior stocks in excesB ..... . . . .
40,429 8,550,646 57,176 8,185,980
*8,474 200,568 * 17,881 155,293
39,295
Came into sight during week. 31,955
8,751,214
8,341(273
Total in sight May 20.............
North’n spinners tak’gs to May 20
* Deoreaae during week.
2,017,887
1.874,369
It will be seen by the above that there has come into sight
during the week 31,955 bales, against 39,295 bales for the
same week of 1891, and that the increase in amount in sight
to-night as compared with last year is 409,941 bides.
856
THE
C H R O N IC L E
W eather R eports b t Telegraph .—Our advices by tele
graph to-night indicate that rain has fallen in about all sec
tions of the South during the week, and that in some dis
tricts the rainfall has been heavy. The rivers are very high
in the Southwest and much fertile land in the bottoms of the
Red, Arkansas, St. Francis and White rivers has been over
flowed. The Mississippi River is thirty-two feet and twotenths on the gauge at Memphis, and rising. Planting has
been practically completed in Texas, and the decrease in acre
age is estimated at between ten and fifteen per cent. Outside
o f the overflowed districts the rain has as a rule been of benefit.
Further breaks in the levees are reported this week. At
Gipsey Plantation in St. Charles Parish, La., a crevasse oc
curred May 6 and is now 275 feet wide. On Wednesday the
levee at Happy Point Plantation, eighteen miles below New
Orleans, gave way, and the break has widened to fifty feet.
Other less important breaks are also reported.
Galveston, Texas.—There has been one shower the past
week, the rainfall reaching sixteen hundredths of an inch.
The thermometer has averaged 78, the highest being 84 and
the lowest 72.
Palestine, Texas.—Crops look very promising. W e have
had magnificent rains on three days of the week, the precipi
tation reaching two inches and twenty-nine hundredths. The
thermometer has averaged 74, ranging from 62 to 86.
Huntsville, Texas.—There have been good showers on three
days of the week, the rainfall reaching eighty-seven hun
dredths of an inch. Crops are fine. The thermometer has
ranged from 54 to 88, averaging 71.
Dallas, Texas.—Young crops generally are very fine, though
some river bottoms are disastrously overflowed, especially
the Red River bottoms on both sides. The submerged crops
are ruined, and unless the water subsides immediately it
will be too late to plant cotton.
It is already too
late to plant corn.
Planting is practically finished
everywhere in the State. It seems now to be agreed
that there is a decrease in cotton acreage, estimates of it rang
ing from ten to fifteen per cent, discarding preposterous esti
mates on both sides. The fields were never cleaner nor stands
better, and the crop is reasonably advanced for the season,
with nothing unusual in this respect. The rains have been
general and are the salvation Of the dry Southwest. W e have
had one splendid rain the past week, the precipitation being
one inch and ninety-three hundredths. Average thermometer
66, highest 86 and lowest 46.
,
San Antonio, Texas.—Heavy rains in the vicinty of Gaines
ville have damaged crops and submerged the railroad track
for a considerable distance. W e have had one splendid
shower here the past week, the rainfall reaching seventyeight hundredths of an inch, but not enough; crop prospects,
however, are greatly improved. The thermometer has aver
aged 76, the highest being 92 and the lowest 60.
Luling, Texas.—There has been one fine and beneficial rain
the past week, but more is needed. The precipitation reached
eighty hundredths of an inch. The thermometer has averaged
78, ranging from 60 to 96.
Columbia, Texas.—It has been showery on two days of the
week, the rainfall being twenty-one hundredths o f an inch.
Crops are good, but there is some apprehension of overflow of
the Brazos River. No damage o f consequence, however, has
yet resulted. The thermometer has ranged from 56 to 88,
averaging 72.
Cuero, Texas.—Crops of all sorts now promise well, and
fields are in excellent condition. W e have had splendid rains
on two days in good time, the rainfall reaching three inches
and ninety-two hundredths. Average thermometer 77, high
est 92 and lowest 62.
Brenham, Texas.—Crops look well and will now push rapid
ly in growth. Fears of an overflow are allayed. There
has been beneficial rain on two days of the week, the pre
cipitation being ninety-eight hundredths of an inch. The
thermometer has averaged 76, the highest being 92 and the
lowest 60,
Belton, Texas.—Young crops are doing well and small
grains are fairly good. It has been showery on two days of
the week, the precipitation reaching thirty-eight hundredths
of an inch. The thermometer has averaged 76, ranging from
58 to 94.
Weatherford, Texas.—Crops of all sorts are very promising
for the season. There has been no rain all the week. The
thermometer has ranged from 54 to 88, averaging 71.
New Orleans, Louisiana.—Crevasses have occurred this
week at Gipsey plantation in St. Charles Parish and at Happy
Point plantation, eighteen miles below this city. Rain has
fallen on two days of the week, to the extent of eighty-four
hundredths of an inch. The thermometer has averaged 76.
Shreveport, Louisiana.—W e have had a precipitation the
past week of one inch and nine hundredths, on three days.
The thermometer has averaged 73, the highest being 87 and
the lowest 57.
Columbus, Mississippi.—It has rained on one day of the
week, the precipitation reaching one inch and seventy hun
dredths. The thermometer has averaged 70, ranging from 56
to 88.
a stand to-day,and if no more excessive rains come will be falling
in the next forty-eight horns. Rain has fallen on five days to
the extent of four inches and five hundredths. Average ther
mometer 68, highest 83, lowest 51.
Helena, Arkansas.—There is little prospect of water going
off of the overflowed sections in time to make cotton. W e have
had light rain on four days during the week, to the extent of
one inch and twenty-three hundredths. The thermometer has
averaged 71, the highest being 82 and the lowest 54.
Memphis, Tennessee.—Crops are not doing well, as we are
having too much rain and the weather is now too cool. The
river is thirty-two feet and two-tenths on the gauge and rising
again. Rain has fallen on five days of the week, to the extent
of one inch and eighty-three hundredths, and is now falling.
The thermometer ha« averaged 69*6, ranging from 57'9 to 86-5.
Nashville, Tennessee.—W e have had hard rain on four days of
the week, the rainfall reaching one inch and ninety-three
hundredths. The thermometer has ranged from 54 to 85,
averaging 71.
Mobile, Alabama.—Crop reports are excellent. There has
been light rain on five days during the week, the rainfall
reaching sixty one-hundredth3 of an inch. Average thermom
eter 76, highest 85 and lowest 65.
Montgomery, Alabama.—We have had rain on one day of
the week, the precipitation reaching fifty-two hundredths of
an inch. The thermometer has averaged 76, the highest be
ing 87 and the lowest 65.
Selma, Alabama.—Telegram not received.
Auburn, Alabama.—The weather was fair up to Wednes
day, when we had a rainfall of sixty-three hundredths of an
inch. The thermometer has ranged from 56 to 88, averaging
70-5.
Madison, Florida. —All crops are suffering from drought.
W e have had rain oh one day of the week, tke rainfall reach
ing twenty hundredths of an inch. Average hermometer
77, highest 92 and lowest 53.
Columbus, Georgia.—It has rained on one day of the week,
the rainfall reaching sixty-seven hundredths of an inch. The
thermometer has averaged. 77, the highest being 89 and the
lowest 64.
Savannah, Georgia.—W e have had rain on one day during
the week, the rainfall reaching eleven hundredths of an inch.
The thermometer has averaged 75, ranging from 60 to 90.
Augusta, Georgia.—The weather has been clear and
pleasant during most of the week, the rainfall being but
thirteen hundredths of an inch, on one day. Crop3 are doing
well; accounts generally are good. The thermometer has
ranged from 61 to 91, averaging 75.
Charleston, South Carolina.—It has rained on one day o f
the week, the precipitation reaching thirty-six hundredths of
an inch. Average thermometer 74, highest 85 and lowest 60.
Stateburg, South Carolina.—There has been rain on twodays of the past week, the precipitation reaching twenty-five
hundredths of an inch. The thermometer has averaged 73,
the highest being 87‘5 and the lowest 55*5.
Wilson, North Carolina.—Telegram not received.
The following statement we have also received by telegraph
showing the height o f the rivers at the points named at 3
o’clock May 19, 1892, and May 21, 1891.,
New O rleans....
Memphis............
Nashville..........
Shreveport........
Vicksburg..........
.......Above low-water mark.
. . . .Above low-water mark.
.......Above low-water mark.
.......Above low-water mark.
May 19, ’92. May 21, ’91
Feet.
Feet.
13-3
16-8
13 0
32 0
31
1*1'8
20-7
27-7
32-5
48'3
I n d ia C otton M o v e m en t f r o m a l l f o r t s . —The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to May 19.
BOMBAT RECEIPTS AND SHIPMENTS FOR FOUR TEARS.
Shipments since Sept. 1.
Shipments this week.
Year Great Conti Total. Great Conti
TotcH.
Britain nent.
Brit’n. nent.
’91-2 3,000 84.000 87.000 47.000
20.000 20.000 78.000
’90-1
’9-90 16,000 40.000 56.000 291.000
’ 88-9 30,000 45.000 75.000 336.000
Receipts.
Since
This
Week. Sept. 1.
603.000 650.000 90.000
715.000 793.000 63.000
926.000 1.217.000 83.000
768.000 1.104.000 53.000
1.333.000
1.700.000
1.903.000
1.599.000
According to the foregoing Bombay appears to show
an increase compared with last year in the week’s receipts o f
22,000 bales and an increase in the shipments of 67,000 bales, and
the shipments since Sept. 1 show a decrease of 143,000 balesa
The movement at Calcutta, Madras, and other India ports for
«he last reported week and since the 1st of September, for two
years, has been as follows. “ Other ports7’ cover Ceylon,
Tuticorin, Kurrachee and Coconada.
Shipments for the week.
Great
Britain.
Oaloutta—
1891-92...
........
1890-91...
M adras1891 92 ..
1890- 91...
All others—
2,000
1891- 92...
2,000
1890-91...
Leland, Mississippi.—The week’s rainfall has been one
inch. The thermometer has ranged from 51 to 85, averaging
72 *3.
Little Rock, Arkansas.—The past seven days have told ser
iously upon planting interests in the alluvial districts of this
State. The St. Francis, White, Arkansas and Red River Total all —
valleys are all under water, and all minor streams have been
1891-92...
1890-91...
higher than for many years. The Arkansas River is about on
[Y ol. L I V &
2,000
2,000
Conti
nent.
1,000
Total.
1,000
Shipments since Sept. 1.
Great
Britain. Continent.
Total.
8,000
10,000
28,000
38,000
36.000
48.000
17,000
18,000
12,000
14,000
29,000
32,000
1,000
2,000
3.000
4.000
27.000
31.000
49.000
53.000
76.000
84.000
1,000
3,000
3.000
5.000
52.000
59.000
89,000
105.000
141.000
164.000
THE
Ma t 21, 1882.j
C H R O N IC LE ,
857
a*
H A L F -T E A R .
B X FO K TS TO K U ROPB FR O M A L L IN D IA .
1890-91.
1891-92.
1889-90.
Shipment*
to oil Europe
from —
Thit
week.
Since
Sept. 1.
Bombay...........
Jill other ports.
87,000
8,000
<50,000 20,000
8,000
141,000
793.000 56.000 1,217.00«
164.000 18.000 2 3 7 ,0 «
Total.........
90,000
791,000 25,000
957,000 74,000 1 ,4 5 4 ,« «
Sinee
Sept. 1.
Thit
week.
Thit
week.
Sine*
Sept. 1.
ALEXANDRIA RECEIPTS AND SHIPMENTS.
1891-92.
1890-91.
1889-90.
9,000
4,820,000
Sinee
Thit
week. Kept. 1.
2,000
4,000,0*0
Mints
This
week. Sept. 1.
1 0 ,0 «
3 ,1 4 8 .0 «
Sinee
This
wtek. Sept. 1.
Exports (bales)—
To L iverpool.......... . 4,000 316.000
To Continent............ 5,006 232.000
2,000 278.000
4,000 216.000
8,«00 256,000
1,000 1 5 0 ,0 «
9,000!548,000
6,000 489,000
o
o
e
4
Alexandria, Egypt,
May 18.
Receipts ( cantars*). . . .
This w ee k ....
Since Sept. 1.
Total Europe........
Corporations.
Capital.
American Linen Co..........
Barnaby Manufac’g Co....
Barnard Manufac’g Co...,
Border City Man’f ’g Co...
Bourne Mills....................
Chace Mill*.......................
Conanlcut M ills...............
Flint M ill»......................
Globe Yam Mills...............
Hargraves’ Mills....... .
King Philip Mills..............
Laurel Lake Mills.............
Merchants’ Manufac’g Co.
Narragansett Mills............
Pocasset Manufact’g Co..
Richard Borden M’r g Co.
Shove Mills.....................
406.000
Trov Cot. & W. Mfg. Co.; .
* A cantar Is 93 noun«*.
M a n c h e s t e r M a r k e t . —Our report received by cable to-ni*ht
from Manchester state« that the market is steady for both
yarns and shirtings. The demand for India is good. W e
giro the prices for to-day below aad leave those for previous
weeks of this and last year for comparison:
Union Cotton M’f ’g Co....
Wampanoag Mills............
Tot-1"
$800,000
400.000
830.000
1.000.000
400,000
500,000
120,000
400,000
680,000
1,800,000
400.000
400.000
1,000,000
400.000
750.000
800.000
400,000
800.000
800,000
260,000
100,000
400,000
650.000
550.000
800.000
500,000
Ì00.000
750,000
750,000
Dividends 1893. Dividende 1891. Increase
or
P. C. Amount. P. O Amount. Decrease
P1
7
8k
1
1
8
1
J
I
h
8
2k
3k
3
I*
3
I
5
5
B
. . . . . . . $17,840,000 8-33
+20.000
* 10,000 +12,000
+9,900
40.000
24,000 +4,000
12,500 +-5,000
1,800 -1-8.000
12,000
17.400
86,000 +12,000
24.000
13.000
80.000
12,000 —2,000
+18,750
24,000
12,000 -0JJOO
18,000
16.000 -+8.000
16,000 -H.ooo
2,600 —2,600
18,000 +13,500
12,000
16,500 +-2,750
-+11,000
12,000 4-12,000
15,000
6.U00 +9,000
45,000
7,500 +7,500
$594,100 2-58 $452,S0€ +141,800
$20,000
22,000 2k
9,900
40,000 4
28,000 e
17,500 2k
4300 l k
12,000 8
17,400 8
48,000 *4
24.000 6
12.000 8
80,000 3
10,000 8
18,750
24,000 3
0,000 5
18,000 8
24.000 3
20,000 2
1
81300 2
12,000 8
19,250 8,
11,000
24,000 l k
l-*’,000 3
15.000 2
45,000 6
15,000 1
J ute B u t t s , B a g g in g , & c . —Business in jute bagging has
been more active during the week under review, and consid
erable orders for later delivery have been booked. The ruling
1891.
1802.
quotations to night are 6%c. for 1% lbs., 7c. for 2 lbs. and
GetCn
OotVn
8 k lbs.
8 k lbs.
32 S Cop.
Mid. 7 ^ c. for standard grades. The market for jute butts is devoid
Mid. 32« Oop.
Shirtings.
Shirtings.
Twist.
lipide Twist.
VpUt of animation, but prices are firmly maintained at 2%'&>2%c.
for paper grades and 2%o. for bagging quality.
d.
d.
d.
s. d. s. d.
i
4.
d. s. d. s. d.
T e x a s C r o p — A c r e a g e a n d C o n d it io n .— Mr. J. M. Cline,
4 l» l,
Ap.15 6H
«% 7 k ® 7% • 11 ® « 1 1
411V & 6 4
4k
® 22 6H ® 7 k 5 0 ® 6 4
the local forecast official of the Texas Weather Bureau, has
* TS 7 * i , ® T H i , • 11 ® « 1 1
“ 29 6*s ®7*s 5 l k ® « «
* ’ » 7 k ® 7 U jb • 10 ® « 1 0
4k
issued a supplement to “ Weekly Weather Crop Bulletin” for
• 10 ® < 10
4 I«t,
4
l i t r e 61« @7718 • 2 ® 8 T
7k ®7k
week ending May 12, 1892. In view of the general demand
• 10 <®«10
4 1 » !,
« 13 6*8 ®7»8 5 l k ® 8 Ok
7k ®7k
» 10 ® 0 10
“ 20 6% ®7H 5 l k ® « 6 k 4 l l , 17k ® 7 k
4 - l » for information concerning the acreage in different crops this
year as compared with last year, he sent out requests some days
F a l l R i v e r M i l l D iv id e n d s . — The financial results ago to the County Assessor where the Weather Bureau did
achieved by the cotton-manufacturing corporations of Fall not have a regular correspondent in the county, and the fol
River during the second quarter of the current year have lowing are the reports from the counties heard from :
Note .—(O) means regular correspondent; (C.A ) County Assessor.
been much more satisfactory than for recent similar periods.
NORTH TEXAS.
Dallas
Co. (O)—Aoreage, cotton, one-seventh decrease; corn and
The low prices at which the raw material has been obtained
wheat,
slight
increase;
oate,
about one-seventh inorease. Cotton, oats
and a more remunerative market for print cloths has greatly and wheat about ten days to two
we-ks In advance of last year; corn,
widened the margin for profit, so that the net earnings of about the same. Soil well cultivated, and outlook promising.
Wise Co. (C.A.)—Acreage, cotton, one-third less; corn, one-fifth
many, if not ail, of the mills, show a substantial surplus after
allowing for dividends. Furthermore, the outlook for future greater, and oats one-seventh greater. Cotton and corn two weeks
wheat and oats well advanced. Crops well cultivated, and out
months is considered quite favorable, as the demand for cloth late;
look favorable.
is fair at firm prices, and the mills hold ample stocks of the
Kaufman Co. (C.A.)—Acreage, cotton, one fourth less; corn, one-tenth
greater; wheat, same; oats, one-flfih greater. Cotton iate; corn, wheat
staple.
,
oats well advanced. Crops well cultivated. Farmers are trying a
As will be observed below, twenty-nine corporations, with and
greater variety of crops.
a combined capital of $17,580,000, have declared dividends
Titus Co.—Aoreage. cotton, one-tenth less; corn, one-tenth greater.
aggregating $326,800, or an average return on the money in Cotton and corn a little late. Work has been delayed by wet weather.
Lamar Co. (C.A.)—Aoreage, cotton, only half as muoh as last year;
vested of 1*86 per cent, whereas in the corresponding quarter corn
aDd oats one-fourth greater. Cotton very backward; corn looks
o f 1891 the amount distributed among the shareholders bad wheat and oats look well. Crops well cultivated.
reached only $231,750, or 1*34 per cent on thecapital invested.
Collin Co. (O)—Acreage, cotton one-seventh less; corn and oats each
one-tenth greater. Cotton, corn and wheat one to two weeks late.
The exhibit is also slightly better than in 1890.
SECOND QUARTER.
Corporations.
Barnaby Manufac’g Co....
Barnard Manufac’g Co....
Border City Man’f ’g Co...
Bourne Mills....................
Chace Mills.......................
Conanlcut Mills......... ,...,
Flint Mills.......................
Globe Yarn M ills.............
Hargraves’ Mills.............
King Philip Mills..............
Merchants’ Manufac’g Co.
Narragansett Mills............
Pocasset Manufact’g C o..
Richard Borden M’f ’g Co.
Sagamore Mfg. Co...........
Seaconnet Mills................
Shove Mills ...................
Troy Cot. & W. Mfg. Co....
Union Cotton M’f ’g Co....
Wampanoag Mi'is............
Dividends 1892. Dividends 1891. Increase
or
P. C. Amount. P. C. Amount. Decrease
$ ......... + 12,000
$800,000 Ik
$12,000
400.000 3k
10,000 +4,000
14.000 2k
+4,950
330.000 l k
4,950
20.000 2
20,000
1 .000.000 2
12.000 +4,000
400.000 4
16,000 3
5.000 -+2.500
500,000 l k
7.500 1
1,800
+-600
120,000 2
2,400 l k
6.000
400.000 l k
6,000 l k
8,700
8,700 l k
580.000 l k
18,000
+
6,000
1 ,200.000 2
24,000 +2
12,000
12,000 3
400.000 3
6,000
400.000 i k
6,000 i k
15.000
1 ,000,000 ik
15,000 i k
400.000 l k
6,000 i k
6,000
+11,250
750.000 i k
11,250
800.000 i k
12,000
12,000
400,000 i k
6,000 i k
6.000
600,000 *3
18,000 »3
18,000
8,000 +4 .boo
SOOiOOO l k
12.000 1
800,000 i k
8.000 +-4,000
12.000 1
000,000 2
18,000 1
9,000 +9,000
400,000 2
8,000 ik
6,000 + 2,000
550.000 2
11,000 i k
8,250 +2.750
+5,500
5.500
550.000 1
+•12,000
800.000 i k
12,000
7,500
500,000 i k
7.500
00.000 3
6.0OO +3,000
9,000
22,500 3
750.000 '.3
22,500
+7,500
750.000 1
7,500
Capital.
Totals.......................... $17,580,000
* Semi-annual.
1-86
$326,800 1-34 .$231,750 +95,050
+ On $900,000.
It will be noticed that while none of the mills have made a
smaller distribution than in the preceding year, a number—
twelve in all—have merely maintained the ratio then adopted,
referring doubtless to thus increase the surplus.
Cora
ining the above results with those for the first quarter (pub
lished in the C h r o n ic l e o f March 19, page 497), we have the
following exhibit for the half-year. Without going into ex
tended comment, suffice it io say that thirty corporations dis
tributed in dividends in the first half of the present year
$594,100, or n average of 3’33 per cent, against $452,300, or
2 ‘58 per cent in the like period of 1891. In view o f the more
favorable outlook now than at the s?me time last year, it may
not be out o f place to call attention to the fact that the ratio
o f distribution for the full year 1891 was less than 5 per cent.
Crops well cultivated, and outlook better than common.
Fannin Co. (C.A.)—Aoreage, cotton, one-eighth less; oats one-tenth
greater. Cotton and corn three weeks late. Soil in good condition.
Wood Co. (C. A.)—Acreage, cotton one-tenth less; corn and oats from
one-twentieth to one-tenth greater. Soil well cultivated, but cotton
and corn two to three weeks late.
Parker Co. (O.)—Acreage, cotton one-fifth less; com , wheat and oats
one-fourth g eater. Cotton and corn late, but soil unusually well culti
vated.
Palo Pinto Co. (C. A.)—Only half as much cotton planted; one-tenth
each of oats and corn increase; one-tenth less wheat. Soil is moder
ately well cu'tivated.
Hunt Co.—Acreage, cotton on^flfth less ; corn one-seventh greater,
and oats one-third greater. Crops very well advanced.
Shackelford Co. (C. A.)—Acreage, cotton one-fifth less; corn onetwentieth greater; oats one-fourth greater, and wheat one-third greater.
Crops very well advanced.
Gregg Co. (O.)—Acreage. cotton one-tenth le s s ; com one-seventh
greater. Corn and cotton slightly backward. Soil fairly well cultivated.
Rockwall Co.—Acreage, cotton one-fifth less; oorn one-fourth greater,
and oats one-seventh greater. C ops well cultivated and average.
Bowie Co. (G. A.)—Aoreage, cotton one-fifth less; corn one fifth
greater, and oats one-tenth greater. Cotton and corn two weeks late.
Soil poorly cultivated on account of weather.
Fisher Co. (O.)—Acreage in cotton one-fifth less, and that In corn and.
oats one-third greater.
Denton Co. (0. A .)—Acreage, cotton, one-fourth less, and a marked
increase in other crops. Soil well cultivated.
Tarrant Co. (O.)—Acreage in cotton, one fourth less; in corn, onefourth greater; in wheat, one-seventh greater, and in oats, one-tnird
greater. Soil well cultivated aad crops well advanced.
CENTRAL TEXAS.
Somerville Co. (C. A.) —Aoreage in cotton, one-fourth less; in com ,
one-third greater; in oats, one-third greater. Cotton two weeks late;
oats early. Soil well cultivated.
Burleson Co. (O. A .)—Acreage in cotton, one-tenth less; in corn, oneseventh greater. Cotton and corn ten days to two weeks late, bat in
ten per oent better condition than at same time last year.
Brazos Co, (O)—Acreage in cotton, one-fifth less; in wheat, one-fifth
greater. Crops late; soil well cultivated.
Williamson Co. (O)—Acreage in ootton, one-fourth less; in o >rn and
oats each one-seventh greater, and wheat one-tenth greater. Cotton
and oorn two to three weeks late, but well cultivated.
Bell Co. (O)—Aoreage in ootton, one-tench less; iu oats, one-fifth,
greater, and in oorn slightly greater. Soil well cultivated.
Johnson Co. (C. A .)—Acreage in cotton, ona-fourch less; in oats, onefourth greater, and in wheat quite a decrease. Soil is well cultivated,
and orops as advanoed as nsual.
Nolan Co. (O)—Acreage in oats, one-third greater; other orops same
as last year. Soli well cultivated.
Runnels Co. (O. A.) -Aoreage ia ootton, one-third greater; ;n corn,
one-fourth greater; in wheat one-fourth greater, and oats one-third
greater. Corn well advanoed, bat other crops late. Soil well culti
vated.
858
THE
C H R O N IC LE .
[VOL. LIV.
In the Punjab the orop is the lowest on record, and is 41 per cent in
Brown Co. (C A )—Increase in cotton, oorn and oa ts; soil well culti
area and 36 per cent less in out-turn than in 1890-91. In the Hindus
vated and crops.advanced.'
Coryell Co. (C. A .)—Acreage In cotton one-flfth less: in oorn, one- tan Pt winces the area is 23 and the ont-turn 42 per cent les- than last
eighth greater; ih oats, one-third greater; and in wheat one-twentieth year, while in Madras the figures are 21 and 30 per cent less, respec
tively. The decrease in area in Bombay, the Central Provinces and
greater. Soil well cultivated.
lim estone Co.—Acreage in cotton one-fourth less ; in corn, one-fourth Berar Is not so marked, but the out-turn is verv much below what was
expected. In Bombay it is 36, in the Central Provinces 35, and in the
greater; and in wheat and oats a marked increase.
Concho Co.—Only'half gs much cotton planted as la3t year, and acre Berars 15 per cent less than the production of last year. The total
age in oorn.and oats much greater. Soil poorly cultivated and crops acreage in the seven reporting provinces is a little more than 11 mil
lions against 13 millions in 1890-91, and an average of over 12 mil
backward.
Callahan Co. (C. A.) —Acreage in cotton one-fourth less; in oorn, one- lions of acres. The average ont-turn is given at 2,185 0 0 bales of 400
tenth greater: in oats, one-fourth greater. Soil well cultivated. Corn, lbs. each. Last year the out-turn was 2,031,000, but the forecast for
1891-92 is only 1,380,000 bales. The average value of a hale is taken
vyheat and oats late.
..Hill Co. (C. A ) —Acreage in cotton one-fifth less; in corn, one-tenth at Rs. 10 ‘.
greater; in wheat, one foirth greater; and in oats one-third greater.
On the subject of the Indian cotton trade generally, the re
Soil well tilled.
Kimble Co. (0. A.)—Acreage in cotton one-twentieth greater; corn, port has the following remarks :
one-flitb greater; wheat, one-fifth greater; and oats one-fourth greater.
What has taken place is a diversion of the Indian exports from the
Cotton two to thr e weeks late but well tilled.
markets of the United Kingdom to thosa of other European countries,
Robertson Co. (O.)—Acreage in cotton one-tenth less; in oorn, one- among whioh Paly, Belgium, Germanv, Austria and France are the
•tenth greater; and In oats one-third greater. Soil well cultivated, hut principal customers. The present position of the foreign trade w illb e
cotton ten days la te; other crops well advanced.
made clear by the subjoined quotation taken from the Review of the
Ellis Co. (C. A.)—Acreage in cotton same as last year: in corn, one- Trade of India tor 1890-91:
tenth greater; in wheat, one-tenth greater; and in oats one-fifth
‘ •As about half of the ootton sent to E igland goes thither only on its
greater. Soil well cultivated and crops well advanced.
way to the Continent, it may be said that the English share of our ex
Eastland Co. (O)—Acreage in cotton, same as last year; in oorn, one- ports Is not more than about 12 per cent, the Continental share belag
fourth grrater, in wheat one-fourth greater, and in oats, one-third 82 percent. The remainder finds its w iy chiefly to China, Japan ana
greater. Soil well cultivated. Cotton, wheat and oats two weeks late; the Straits. The reason why England takes such a trifling proportion
co m ten days early.
of our ootton now is that onr mills have destroyed the tr tde the Lanca
Leon >~o. ( . A.)—Soil well cultivated and crops average.
shire mills had in the spinning of ooarae yarns and the weaving of
Hamilton Co. (O. A.)—Aoreage in cotton, one-fourth less; in oats, one- coarse goods for India and the East. England therefore requires but
fourth greater. Soil well cultivated.
little of the short stapled Indian cotton which is useful for such classes
Madison Co. (C. A.) -Aoreage in cotton, one-third less; in corn, one- of goods, but takes larger quantities of the longer staple of the United
third greater. Cotton two weeks late; corn tan days late. Soil fairly States. Egypt and Brazil. Tnus last year the imports of Indian ootton
well cultivated.
into England were only about one-eighth of the whole imports. It is
McClennanCo. (O)—Acreage in cott m, one-fiftli decrease; oorn. one- said, Indeed, that much of the mao hi aery in the English mills is now
fifth increase; oats, one-seventh increase. Crops in better condition, adapted t» the treat nent of the long staple and is not suitable for pur
and as well advanced as last year. Soil well cultivated.
shorter staple. In. the Continental mills, on tha other hand, onr short
Freestone Co. (0 A.)—Acreage in cotton, one-tenth less; in oorn, one- staple is~iu demand for the manufacture of the coarse ootton clothing
fifth greater, and in oats much greater.
of the peasantry and work people.”
Burnet co . (O)—Acreage in cotton, one-third less; in oorn, one fifth
As the year for whioh trade returns are compiled ends on March 31,
greater; in wheat, one-tenth greater, and in oats, one-third greater. tbe full effect of the present unfavorable harvest will not be apparent
Crops well advan ed and well cultivated.
• till 1892-93, the tratno returns of whioh may be expeoted to snow a
McCulloch Co. (O)—Aoreage in cotton, corn and oats, each about one- large falling off. The exports by sea to foreign countries during 1891fourth greater. Soil well cultivated and crops well advanoed.
92 will also, in all probability, be much less satisfactory than those of
Coleman Co. (O)—Acreage in cotton, one-fifth less; in oorn. one tenth the preceding year, as the.harvest of 1890-91 was unfavorable, though
reater; in wheat, one-t <ventieth greater, and oats, one-fourth greater, not nearly.to the same extent as the present one. The total foreign
oil well cultivated.
exports registered daring the first ten months of 1891 -92 (ending JanHood Co. (O) -A creage in eotton, much less; in oorn, wheat and uary 31,1892.) amounted to 931,280 bales, against 1,207,360 and 1,*
oats, much greater. Soil very well cultivated.
233,160 in the corresponding periods of 1889-90 and 1890-91.
Erath Co. (O. A.)—Aoreage in ootton, one-third les3; in corn, oneShipping J*BW8.—The exports of cotton from the United
fourth greater, and in wheat and oats there is a large inorease. Soil
well cultivated and crops well advanoed.
States the past week, as per latest m ail returns, have reached
Williamson Co.—Aoreage in eotton, one-eighth less; in oorn, one- 52,934 bales.
eighth larger; in wheat, one-fourth larger; in oats, one-fifth larger.
• Total bales.
Soil well cultivated.
Ne w Y o r k —To Liverpool, per steamers Anglia, 828.. .Arizona,
EA8T TEXAS.
1.209..
..GalUa, 1 ,0 2 7 ....Nomadic, 2,591....Servia, 979..
6,634
Sabine Co.—Aoreage in eotton one-tenth less; in oorn one-tenth
To Hull, per steamer Galileo, 947 ............. ..............................
947
greater, and in oats one-tenth greater. Soil well cultivated; eotton and
To London, per steamers Massachusetts, 1,329...Spain, 125 1,454
oorn late.
To Havre, steamer La Bourgogne, 1,241 .....................
i;241
Polk Cb —Acreage in ootton one-tenth less; in corn one-seventh
300
To Marseilles, per steamer Hindoustan, 300 . . . . .......... ...
greater. Wet weather has retarded cultivation of soil ; crops two to
To Bremen, per steamers America, 4 8 2 .....Elbe, 46 .......
three weeks late.
Spree,
75...............................
.
.
.
.................
,.....................
603
San Angnstine Co, (0. A.) - Acreage in cotton one-tenth less; in com
To Hamburg, per steamers Proeida, 250....W ieland, 50 1..
300
one-fifch greater. Soil well cultivated where not too w e t; ootton and
To
Antwerp,
per
steamers
Belgenland,
750....Noordland,
co m two weeks late.
3 5 2 .. ..0thello, 3u5
........................................ .
1,407
Smith Co.—Aoreage in ootton one-twentieth less; in oats one-twen
To Genoa, per steamer Stnra, 1,050.......................... ...
1,050
tieth greater. Well advanced and properly cultivated.
Trinity Co. (O.)—Crops about the same as last year. Fairly culti New Orleans—To Havre, per steamer Havre, 8 , 0 6 6 ........... 8,066
To
Hamburg?
per
steamer
Steinhoft,
2,300...........................
.
2,300
vated.
To Antwerp, per steamer Kingswell, 1,188 .......................... . 1,188
Houston Co. (C. A.).—Aoreage in eotton one-third less; in corn one3,668
To Genoa, per steamer Asiatlo Prince, 3 ,6 6 8 ..................
tblrd greater. Coiton late and oorn also.
Nacogdoches Co. (O.)—Increase Jn acreage of both ootton and corn. Galveston—To Bremen, per steamer Colonist, 5 ,6 3 4 ............ 5,634
To
Hamburg,
per
steamer
Inchisla,
429
..................
.
.429
Cotton late bur. looks w ell; soil fairly well cultivated.
3,400
Panola Co. (O.)—Acreage in cotton one-fifth less; in corn one fourth S avannah—To Barcelona, per steamer Cortes, 3 ,400...........
1,425
C
harleston
—To
Gottenburg,
per
hark
Ornen,
1
,4
2
5
................
greater. Cotton and oorn late; soli well cultivated.
•-66
Henderson Co.—A< re age in cotton one-fourth less; in com one-fourth Norfolk —To Liverpool, per steamer John Sanderson, 66..........
250
To Hamburg, per steamer Llanberis, 250 ...............................
greater. Cotton and corn late.
B
oston
—To
Liverpool,
per
steamers
Bostonian,
9
0
8
....Kansas,
Rusk Co.—Slight decrease in ootton and inorease in com . Both
1,826_
_
Lancastrian,
1,113___Pavonia,
321......................
4,163
crops late; soil not so well cultivated.
To Antwerp, per steamer Otranto, 15.......................................
15
Upshur Co, (O. A.)—Acreage in cotcon one-fourth less; in com and
To Halifax, per steamer Halifax, 5 0 ........................................
50
oats about the same.
B
altimore
—To
Liverpool,
per
steamer
Sedgemere,
2,947..........
2,947
Shelby Co. (O)—Aoreage, In eotton, about one-tenth less; in oorn
To Bremen, per steamer Stuttgart, 5,231............................. .. 5,231
About one-tenth greater; in oats, about one-fourth greater.
Philadelphia —To Liverpool, per steamer Lord Gough, 1 6 1 ...
-161
COAST DISTRICT.
Washington Co. tO)—Aoraage, in eotton, one-seventh less; in oorn,
Total..............
.........
.....................
.....................
.........................
52,934
one-fourtn greatsr. Soil well cultivated.
Live Oak Co. (C. A) -V ery little ohange; soil well cultivated.
The particulars of these shipments, arranged in our usual
Colorado Co. (O.)—Aoreage, in ootton, less; in oorn, one-fourth form, are as follows:
greater. Soil well cultivated.
Hull Havre Bremen Antw’p BareeMatagorda G). (O)—Aoreage. in ootton, about one-tenth less; and in
Liver- A Lon- A Mar- A Ham- A Got- Iona. A Hali•
oorn, one-ienth greater. Soil well cultivated but croos late. More rain
pool.
don.
seilles. burg, tenb’g. Genoa, fax.
Total.
needed.
New Y ork. 6,631 2,401
1,541
903 1.407 1,050 ......... 13,936
Chambers Co. (C. A)—No ehange in aoreage in ootton; com , one-fifch N.
Orleans.
.....................
8,066
2,300
1,183
3,668
.........
15,222
greater. Cotton two weeks early. Soil well onltivatid.
Galveston. . . . . . . . . . . . .
. . . . . . 6,063
..... ......
6.063
Refugio Co -One-third less ootton and one-third more corn. Crops Savannah.
. . . . . . . . . . . . ............................... . .3,400 . . . . . .
3,400
two weeks late. Soil well cultivated. Rain needed.
Charleston,
........
.
.
.
.
.
.
.......
.
........
1,425
.......
.
........
1,425
Aransas Co—No ootton. Com in bad condition for want of rain.
N orfqlk....
66 ..................
250 .......................... .
316
Fort Bend Co. (C. A) —Very little ohange. Soil not well cultivated
. . . 4,168 ..................................
15 . . . . . .
50 4,233
Brazoria Co. (O)—Very little ohange. Cotcon and corn late and Boston.
Baltimore. 2,947 .........
5,231 . . . . . . . . . . . . . . . . . .
3,178
poorly cultivated.
161 ..................................................................
161
Orange Co—Acreage, in ootton. one-fifth less; in com , one-fifth PhUadelp’a
greater. Com late. Soil fairly wed cultivateL
T
ota
l.__
13,976
2,401
9,607
14,747
4,035
8,118
50
52,934
Harris Co, (O)-r About, the same and well cultivated.
Dewitt Co. (O)—Acreage, in ootton, one-fifth less; in com , one-fourth
Ootton freights the past week have been.as follows:
greater. Com and cotton late,
SOUTHWEST TEXAS.
Hues. Wednes. Thurs.
Satur.
Mon.
Fri.
Medina Co. (O)—Acreage in ootton, one-third less; in com , one-fifth
greater; in wheat and oats, each one-tenth greater. Soil well culti
Liverpool,steam d. 7<JV16128 764~i5I:8 764*-1-5l£8 764_15128 764“15128 764~i®K8
vated, but crops late. Rain needed badly.
Uvalde Co.—Acreage in cotton, one-fifth less; in oom, one-fourth
....
Do
b id ...d .
....
....
....
.* . . . .
greater; in oats, one-fifth greater, Soil well cultivated, but farming is Havre, steam .,.d. 764®I8
764'® *6 76t® *8 764®18 764®1« 764® *8
carried on only on a small scale.
....
....
....
....
....
Do
............d.
....
Travis Co. (O)—Slight deorease in acreage in cotton and inorease in
co m and oats.
Bremen, steam..d.
964
964
964
064
964
964
Lee Co.—Acreage in cotton, one-tenth less; in oom and oats, each
....
....
Do indirect..of.
....
....
....
* .1.«
one-tenth greater. More rain is needed.
Hamburg,steam ,d.
Zapata Co. (C. A.)—No orops on account of drouth.
632
632
U64 532®U64 632
632
Wilson Co. (O)—Aoreage in ootton, one-fonrth less; in oom, wheat and
....
....
....
....
....
Do
......... d.
....
oats, much greater.
Amat’d’m,steam.rf.
30*
30*
30*
30*
30*
30*
ZayallaCo. (C. A.)—Acreage in ootton, only half; in corn, one-half
....
....
....
••••
Indirect.......... d.
....
greater or muoh more; in oats, one-third as much more.
S?
iP)—A decrease in aoreage in cotton; large inorease in oats. Beval, steam___d. 816® ^
1164®14 1164®
1164® 4 316® *4
MoMullen Co.—continued drouth has materially damaged crops. ,
....
....
„Do
............... d.
....
....
....
E a s t I n d ia C r o p ,—The fourth and final memorandum on, Barcelona,steam d.
H
H
*
*
the cotton crop of India for l891-92 was published under date Genoa, steam...if. 3«
¿16® 1364 3l«®1364 s18®1364 318®l%t 316®1®64
Of Calcutta, April 20, as follow s:
Trieste, steam. ..d "¿2*1764 7S2®1764 732®1764 732®1764 732®1764 732®l764
H
. *e .
1«
The report shows that throughout the reporting provinces the season Antwerp, steam, d.
*8
may be said to have been exceptionally unfavorable to the eotton crop.
* Cants, per 100 lbs.
f
■THE
May 21, 1892.]
L iv e r p o o l .— B y ca b le fr o m L iv e r p o o l w e h a v e th e fo lio w in g
sta tem en t o f th e w e e k ’ s sales, sto ck s , & c ., a t th a t p o r t:
April 29.
May 6.
May 13.
8 59
C H R O N IC LE .
May 20.
37.000
35.000
45.000
51.000
Baléis o f th e w eek.............bales.
3.700
2,100
2,700
O f w hich exp orters t o o k ....
2,800
5.700
2,100
5,500
O f w hich speculators to o k ..
2.400
Bales A m erican ......... ................
28.000
32.000
44.000
28.000
5,000
6,000
8,000
Actual exp ort..............................
4,000
48.000
41.000
56.000
F orw arded..........................
47.000
T otal stock—E stim ated........... 1.729.000 1.729.000 1.711.000 1.701.000
Of w hich Am erican—Estlm’ d 1.494.000 1.491.000 1.477.000 1.477.000
46.000
44.000
45.000
Total Import o f th e w e e k ........
76.000
33.000
34.000
42.000
64.000
O f w hich Am erican..............
80.000
85.000
A m ount afloat.......... .
85.000 100,000
80.000
65.000
60,000
60.000
O f w hich A m e r ic a n ..............
D AILY CLOSING PRICES OF HO. 2 BED W INTER WHEAT.
M ay delivery
0.
June d e l i v e r y ...........e .
July d eliv e ry ...................o.
August d eliv e ry ..............o.
September delivery....... o.
Oetobèr d e liv e r y ........© .
Deoember delivery.........e.
M ay, 1893 delivery....... o.
Mon.
Sat.
89%
89%
89%
89%
89%
90
92
95%
90
90%
91 %
90 %
90 %
91%
93%
97
Tues.
88%
89
89%
89%
89%
90
92
95%
Thurs.
Wed.
90%
90%
91
90%
90%
90%
92%
96%
88%
89%
89%
89%
89%
89%
91%
95%
Fri.
9 2%
92%
93%
92%
92%
93
95
98%
Indian corn declined sharply on Monday under apprehen
sion of excessive supplies, but it was soon seen that these had
no foundation ; the floods came and excited fears that the
next crop may be curtailed, and a sharp rise followed with
an active speculation. The regular trade, however, was
The tone of the Liverpool market for spots and futures each quite dull. To-day the speculative market was excited and
day of the week ending May 20, and the daily closing prices buoyant owing to bad weather and a speculative “ corner” at
of spot cotton, have been as follows:
Chicago. At the advance spot business was nearly suspended.
Bpot.
Saturday Monday. Tuesday. Wednes. Thursday. Friday.
D AILY CLOSING PRICKS OF NO. 2 MIXED CORN.
Mark et, {
1:45 P. K .)
Fair
Harden’s
tendency. demand.
Small
inquiry.
M id.Upl’de.
315i6
3 1Bis
315lS
B ales. . . . . . .
Spec. & exp.
6,000
500
8.000
1,000
8,000
500
Good
business
doing.
4
12.000
1,000
Good
demand.
Steady.
4*16
41 is
14,000
1,500
8,000
1,000
Futures.
at Steady at Quiet at Steady at Steady at Steady at
M arket, ? Quiet
1-64 de 1 64 @2-64 partially 1-64 @2-64 1-04 @ 2-64 1-64 de
1:45 p . M.J
cline.
decline. 1-04 deo. advance. advance.
cline.
Market, ?
4 P. M. J
Very
steady.
Easy.
Steady.
Steady.
Barely
steady.
Firm.
The opening, highest, lowest and closing prtces of futures at
Liverpool for each day are given below. Prices are on the
basis of Uplands, Low Middling clause, unless otherwise stated:
ta p The pricet are given in pence and 61th.
3 63-64ci., and 4 01 means 4 l-6 4 d .
Thus: 3 63 means
Sat.
May d e liv e r y ................. o.
June delivery . . . . . . . . . . . 0.
July d e l i v e r y ...........o .
August deli v e r y . . . . . . . . . o.
September dell v e r y ..... e.
54%
52%
50%
50%
Su%
Mon.
Tues.
52%
50%
49%
49%
49%
52%
51%
49%
49%
50
Wed.
Thurs.
Fri.
55%
52%
50%
50%
50%
58%
55%
54
53%
53%
SB’ s
51%
50%
50
50
Oats have been quite buoyant, cutting loose in fact from
the corn market. The floods threaten serious disaster to the
next crop. To-day there was renewed buoyancy, but a
quieter business.
D AILY CLOSING PRICES OF NO. 2 M IXED OATS.
May delivery.................... 0.
June delivery.................. c.
July delivery....................o.
August delivery..............o.
Septem ber d e liv e r y .....o .
Sat.
35%
35%
35%
35
34%
Mon.
35
34%
34%
34%
33%
Tues.
35%
35%
35%
34%
34
Wed.
Thurs.
36
i5 %
35
34%
33%
36%
35%
35%
35
35
Fri.
38
37%
37
36%
35%
Rye has met with some export demand at hardening
values. Buckwheat is in some demand at 59@ 60c.
FLOUR.
S a t ., M ay 1 4 .
M on ., M a y IG .
T u e s ., M a y 1 7 .
Open High Low. Oíos. Open High Low. Oíos. Open High Low. CU».
May....... .
May-June..
June-July...
July-Aug...
Aug.-Sept..
September..
Sept.-Oct...
Oct.-Nov....
Nov.-Dee...
Dec.-Jan....
Jan.-Fob ...
4.
8 69
3 69
3 61
4 00
4 02
4 06
4 05
4 07
4 09
412
4.
360
3 60
8 62
4 00
4 02
4 05
4 03
4 07
410
412
4.
3 59
3 59
3 61
4 00
4 02
4 05
4 05
4 07
409
412
4.
3 60
360
8 62
4 00
4 02
4 05
4 06
4 07
410
412
W e d ., M a y 1 8 .
4.
3 59
3 59
3 61
3 63
4 02
4 04
4 04
4 06
4 09
411
4.
3 59
3 59
3 61
4 00
4 02
«05
« 05
«07
«09
«12
4.
8 68'
3 58
3 69
3 62
«00
4 03
4 03
4 05
4 08
410
A.
8 58
3 58
3 60
8 62
4 01
4 03
4 03
4 06
4 03
411
T h a r « ., M a y 1 9 .
A.
3 60
8 60
3 61
3 63
4 02
4 04
404
4 07
4 09
411
••••
A.
3 61
3 61
3 63
4 01
4 03
4 06
4 06
4 08
410
413
A. d.
3 60 8 61
3 60 3 61
3 61 3 63
3 63 4 01
4 02 4 03
4 04 4 06
4 04 4 06
4 07 4 08
4 09 410
411 4 13
F r i ., M a y 2 0 .
Open High Low. Oíos. Open High Low. Oíos. Open High Low. Olos
May............
May-Jqne..
June-July...
Jtily-Aug...
Aug.-Sept .
September..
Bept.-Oct...
Oct.-Nov....
Nóv.-Dec...
Dec.-Jan....
Jan.-Feb...
4.
8 63
8 68
4 00
4 02
4 06
4 07
4 07
4 09
412
414
4.
3 63
3 63
4 01
4 03
4 06
4 08
4 08
410
4 12
416
A.
3 63
3 63
4 00
4 02
4 03
4 07
4 07
4 09
412
414
4.
4.
3 63 4 01
8 63 «01
4 01 4 03
4 03 4 05
4 06 4 07
4 08 410
4 08 410
410 «12
412 «1 «
416 «16
4.
«02
4 02
4 03
4 06
4 08
4 10
410
«12
«16
«17
A.
4 01
4 01
4 01
4 04
4 07
4 09
4 09
411
413
416
a.
400
4 00
4 01
4 04
406
4 09
4 09
411
413
415
A.
4 00
4 00
4 02
4 04
4 07
4 09
4 09
411
413
416
A.
4 03
4 03
4 01
4 06
4 06
411
4 11
413
415
417
A.
A.
4 00 4 03
4 00 4 03
4 02 4 04
4 04 4 06
4 07 4 08
4 09 411
4 09 411
411 413
413 415
416 417
••••
B R E A D S T U F F
S.
F r id a y , M a y 2 0 . 18 9 2 .
Pine............... . # bbl. $2 00®$2 40 I Patent, w in te r ....... $4 55®$4 90
Superfine........ .
2 15® 2 75 |City mills extras.. . . . 4 50® 4 7 5
Extra, No. 2 . . . . . . . . 2 50® 3 15 IRye flour,superfine.. 3 85® 4 1 5
Extra, No. 1 . . . . . . . . . 3 25® 3 65 I Fine..................... ............® . . . .
3 75® 4 401 Oom meal—
Clears........ .
S t r a i g h t s 4 25® 4 60 1
Western, A c .... 2 80 ® 2 90
Patent, sp rin g .......
4 50® 4 90 |Brandywine
3 0 0 ® ....
[Wheat flour in sacks sells at prices below those for barrels.]
GRAIN.
Corn, per bush.—
0.
0.
W h ea tSpring, per b u s h ... 80 ® 93
West'n m ix e d . . . . .
Red winter No. 2 .. 98 ® 99
Steamer No 2........
R ed w in t e r .......... 80 ® 1 0 0
West’n y e llo w .....
Western w h ite . . . .
W h ite....................... 87 ® 97
Oats—M ix e d ..Ç bu . 3 6 % 9 38% R y e W estern, per bush.
W h i t e .................. 40 ® 43
State and J ersey ..
No. 2 m i x e d ....... 37 ® 38
No. 2 w hite............ 41 ® 42
Barley—No.2W est’n.
55 9
56 ®
55 ®
55 ®
60
58
60
60
82
82
67
84
84
68
®
®
®
The movement of breadstuffs to market is indicated in the
statement below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at
Western lake and river ports, arranged so as to present the
comparative movement for the week ending May 14, 1892,
and since August 1, for each of the last three years:
Receipts at—
Ohlsego........
Milwaukee...
Oetroitr.; . .
Oleveland....
3t- Louis.__
Peoria.........
Fleer.
Wheat.
Corn.
Oats.
Barley.
Bye.
BbU.im.bt Bush.00 Ibt BushMlbs BimAS2U>* BushAHlb Bu. 56 10«
85,863
82.050
102,333
575
1,615
6.276
25,523
2,400
224,031
164.332
115,580
466,980
111,900
109.105
41,232
120.244
19,000
906,008
9.230
1,141,350
67,000
195,467
69,700
102,300
5,753
8,084
353,105
148,400
3,100
33,162
48,951
135,695
801,000
5,634
6,115
4,900
11,400
32,202
19,760
800
33
14,504
1,100
Tot-wk. ’92
306.667 1,403,377 1,533,988 1,741,259
293,216
69,404
lame wk.’9i
203,681 1,170,951 2.553.012 2.233,827
137,120
88,715
dame wk.’90.
233.114 1,304,514 z 2,663.431 2,420,520
296,200
125,925
Since Aug. 1.
1*81-92..... 10,173.502 196.619.4S5 100.S95.737 85,127,122 29,813,270 13,872,737
V890-91...... 8 698,936 96,602.170 78,718,911 76,173,313 27,868,138 3,971,615
1889-90....
9,578,491 !10 4,484,573 142,743,421 72,173,195 24,110,302 5,391,386
The markets for flour and meal were dull at drooping prices
early in the week, in sympathy with the weaker markets for
The receipts of flour and grain at the seaboard ports for the
grain. But yesterday there was a better feeling. There was week ended May 14, 1893, follow:
a larger volume of trade, and the medium and better grades
Flour,
Wheat,
Oom,
Oats, Barley,
B y,
661».
bush.
bush.
bush.
bush.
bush.
brought in some cases rather more money. Still, our quota NewAt—
Y o r k . .. . . 139,811 2,143,784 163,500 446.900 10,500 98,575
tions give some instances of lower figures than last week. B oston............. 46,911 163,880
51,977 162,594
4,525
12,048 330,649 210,716 155,901 12,172 21,686
To-day the market was firmer for wheat flours, but buyers Montreal.........
__
Philadelphia.. 63,118 259.580 214,614 132,839
B a lt im o r e ... . 52,238 322J536 167,761 121,2 JO
16,184
were not inclined to meet the advance demanded^
T
„
f
•
R ich m on d ___ 5,475
33,453
10,850
6,146
The wheat market declined early in the week under weak New O rlean s.. 19,669 30,000 163,341
53,319
foreign advices, but yesterday took a strong upward turn on
Total w e e k ..339,270 3,238,882 982,7591,079,049 27,197 136,445
3.024
the flood accounts from the West, and the liberal clearances Oor. w eek ’ 91.275,484 767.131 837,497 859,307 140,944
Below are the rail shipments of flour and grain from
from Atlantic ports, which promise a material reduction in
the visible supply for the current week. There was a general Western lake and river ports for four years:
1892.
1891.
1890.
1889.
covering of contracts and a large business was done for July
Week
Week
Week
Week '
May
14.
May
16.
May
17.
May
18.
delivery. The business for export has not been so large as F lo u r .............. .. bbl*. 229,359
182,498
136,666
210,127
last week, and yet very fair. To-day there was a buoyant
bash. 482,793
433,047
247,900
492,526
and excited market for speculative values, owing to snows CWheat..............
orn . ................
839,415
353,270
1,094,790
a ts.............
1,079,848
1,688,360
751,675
and floods at the West and stronger cable advices, but the O
«»riey .............. . . . . . .
147.625
32,648
87,377
57, »24
regular trade was dull; still No. 1 Northern sold for expo.t k r e ................... ......... • 41,678
49,986
119,211
50,927
and milling at 933^@93}^c. afloat.
T o t a l. . . . . . . . . . . . . 2,053,074
2,439.944
3,287,638
1/711,322
THE
860
[Vou Liy,
C H R O N IC LE ,
4%c. per yard. Bleached shirtings are in moderate demand
in leading makes, while low-grade bleached cambrics are
hardening in value. Glove-finished cambrics, following the
Export»
course of print cloths, have again moved up, to 8%c. for 64
Fern.
Rye.
P low .
Oat».
Com.
Wheat.
fro m —
squares and 3%c. for 56x60s, where quoted at all, but at both
Buth.
Buth.
Buth.
Bbl».
Bu»h.
Bu*h.
first and second hands most makes are now held “ at value.”
11,000
76,034 263,142 101,028
New York 1.537,673 185,638
33,235 A moderate business has been done in cotton flannels and
74,983
662
B oston... 219,831
36,181
wide sheetings at steady prices. Colored cottons are firm In
Portland.
17,474 all leading makes and mostly well under orders. Business in
94,903
1,975
94,385
66,839
Montreal.
61,164
44,477
PM ladel. 123,938 660,070
ginghams is indifferent, spring styles being done with and
17,1*4*3
Baltim’re 207,006 282.418
78,505
jobbers not yet placing many orders for autumn deliveries.
"**9*9
9,284
N. Orl’ns.
86,438 342,360
Prints also have been quiet for current needs. The tone of
Norfolk..
—
N. News..
the market for printed fabrics is stronger for autumn styles
61,709 and an occasional advance im price or reduction in discounts
Tot. week. 2,269,271 1,537,987 246,456 494,296 118,171
is noted. Print cloths continue strong; 64x64s have sold at
S’me time
09,204 3 3-a6c., plus 1 per cent, and 3J^c. is expected before the
3,52S
1 8 9 1 ... 914,225 333,347 128,914
The visible supply o f grain, comprising the stocks in granary week goes out. The returns of the Fall River mills for the
at the priacioal points of accumulation at lake and seaboar d quarter ending April show a decidedly improved manufactur
ing condition. Only six corporations have failed to declare
ports, May 14, 1892:
dividends, and these have, with two exceptions, been subject
B a r eg
By»,
“Wheat,
tm
Corn,
Oat»,
bn**.
b u ih .
b u ih .
b u tk .
to peculiar conditions. In the corresponding quarter last
In btore at—
buth.
46,000
137.000
191,000
504,000
New York............ 2,425,000
year there were thirteen which passed their dividends.
54.000
The exports from the several seaboard porta for the w eek
tn ijfaff May 14, 1892, are shown in the annexed statement»
Do a float..... . 14,000
6,000
14.000
5.000
A lbany. . . . . . . . . .
25.000
32.000
534.000
152,000
B u ffa lo ...........
325.000
Chicago... . . . . . . . 7,292,000 1,087,000 838,000
34.000
2,000
235.000
5.000
Milwaakee.. . . . . .
Dninth ............... 6,309,000
'55,000
72.000
76,000
T oled o.................
188,000
4,000
22.000
4,000
66,000
D e troit.......
20,000
O sw e g o ......
*34*000
287.000
Ì7Ì',Ò0Ó
Bt. Louis___
2,000
19.000
6,000
Cincinnati...
3,000
'38,000
95.000
272.000
Boston.........
11,000
............
129.000
Toronto*....,
40,000
477.000
685.000
M ontreal....
131.000 134.000
333.000
Philadelphia
11,000
48.000
17.000
18,000
Peoria..........
1,000
41.000
7,000
34,000
Indianapolis
6,000
8,000
52.000
288.000
Kansas City
143,000
582,000
272.000 128.000
Baltimore...
26.000
Minneapolis........ 8,197,000
48,000
249.000
On Mississippi........................
24,000
On Lakes............ 6,048,000 1,793,000 1,748,000
..............
68,000
On oanal& river. 1,144,000
Tot. May 14, '92.
Tot. May 7 ,'9 2 .
Tot. May 16, ’91.
Tot. May 17, '90.
Tot. May 18, ’89.
35,106,000 4,318,000 4,301,000 870,000
36,191,000 4,902,000 3,532,000 870,000
19,243,142 3,480,844 3,071,765 391,460
22,694,974 11,096,248 4.398,841 961,033
22,342,701 9,691,944 6,750,301 1,301,176
28,000
17.000
56.000
9.000
22,000
9.000
18,000
14,000
104,000
96,000
4,000
30*000
453.000
503.000
550,727
688,471
601,676
* Toronto—Last week’ s stacks; this week’s not received
T H E DRY GOODS T R A D E.
New Y ork , Friday P. M., May 20,1892.
1892.
Stock o f Print Cloth»—
May 14.
Held by Providence manufacturers. 1,0< 0
36,000
None.
Total stock (pieces)... . . . . . . . . . . . 37,000
1891.
May 16.
428,000
330,000
None.
1890.
May 17.
385,000
80.000
None.
758,000
465,000
improvement in demand noted
last week has continued, while considerable deliveries have
been made from the mills of heavy-weight woolens and wor
steds. The tone is steady all round, the amount of duplicat
ing business in cheviots and other piece-dyed and yarn-dyed
trouserings and suitings being of an encouraging character.
Agents are pushing their manufacturers for sample pieces of
light-weights for the coming spring season, but up to the
present time no definite progress can be noted in this direc
tion, as it is early for the new season styles to be shown.
Overooatings and cloakings are firm, with a fair duplicating
demand, and a moderate business is noted in cotton-warp
cassimeres and doeskin jeans. W oolen and worsted dress
goods are heavily under engagements, but current orders this
week have been moderate.
F o r e ig n D r y G o ods .— Considerable progress has been made
in clearing up seasonable specialties in most departments,
either by liberal concessions in store trade or through the
medium of the auction rooms. For autumn a fair additional
business has been laid out in both staple and fancy woolen
and worsted dress goods at firm prices, and considerable en
gagements are reported in dress silks and silk ribbons. In
the latter higher prices are expected to rule later on. Trim
mings, hosiery, gloves, linens, «fee., have ruled quiet and
featureless.
D om estic W
o o l e n s . —The
Manufacture« of—
W o o l.............
C otton . . . . . . . . . . .
S ilk .......
F la x ....................
Miscellaneous. . . . .
05»* <1MUl to <1
MUl 005Ü»00»*
I* 05tO00*
0 0 »*
1 426,370
p o in ts sp e cifie d in th e ta b le b e lo w :
1892.
N ew Y obk to Ma y 17.
Week. Since Jan. 1.
COM
COO
CO 00
COI*
CO
<f»*
COCK
MO
Cl
CO
CO
Cl
CO
00
00
CO
48,752 1 13,356,152
377,618 39,997,737
M MM
©Opi© *
COMCOQOQD
<!COCOtOM
QCtO©00 00
111,089
49,429
67,286
76,612
10,792
©
CO
CO
to
^-»
^Ct
CO
00
0
<1
M
1,288 332,630
5,044 1,265,441
35,499
373,039
M
,C0t0 W<Ï0Q
coco to ©co .
<i©oco to
Cl to to to 00
i*
0
CO
<1
»*
CO
MMMCO
COO<1<1M
Cl 05Cl<105
^4*MC00ö
V©î*to<i
Ol* COMl*
51,751,0841
f
mm
7,409l
D o m estic C otton G o o d s .— T h e e x p o rts o f
154
115
104
110
6
119
101
61
827
103
Week. Since Jan. 1
13
31
8,436
i
200 .
69
303
182
62
324
24
9,594
98,825
12,855
111,680
The value of the New York exports since January 1 have
been $4,«25,746 in 1892 against $5,208,839 in 1891. .. .
Light-weight brown sheetings are generally quite steady,
but the heavier makes are quiet and in full supply. The
Lawrence L *L fouiyvard sheetings have been reduced $0
00 Cl 05 to Cl
tOtOMtOCO
©<1 COCl Ci
Cl 00Cl©»*
M
M»*<lCiC0
**co coppi
COCltOCiM
Cl COCi ©^1
M©© © CO
©©<100©
to o co o o
C M o: M O
Cl Clj* <1^4
V iciool*
00
OD<100
0569
CO<1
to Cl 0
0
V xw ob
tO<105 <10
tocco 0 05
-3 to co ta oo
©oouioiw
© tO©® i-*
©0005
©<K»f-M «
c» qoc»
eo<j
© -3 MtOM
oo coco to®
M
M
J*©COQO©
©'»*ûc'm M
»*<1 CC00
OCOCOQO©
to
cncotocoto
C!<©<HOO<
©©<1<100
©MQO©tO
<K0 ÛCtf. -C|
3,681,077
’ 2,136,795
2,118,628
1,767,126
378,838
Total................................ 1,700
100,943
* From New England mill points direct.
....
05 1 CHM
COI ©CO
U»MtOCO
05 I*to COOt* tOUl
00 I »*»* O 05COCO05
cici<loop
10,082,464
41,668,620
9,594
....
1,962
682
62,890
4,319
3,857
2,016
5,407
1,3.46
3,390
12,155
801
C*COto COto
<1<1QOCO<1
Cl © COMCl
OCOtOOD»*
05<1Ulte tO
COoo* COO
d»* te to to
36,710
373,039
94,143
6,800
T o t a l................
China, via Vancouver.
1,700
2,270
731
47,589
2,659
4,749
4,123
6,967
1,783
2,710
19,186
1,373
1891.
5,614,858
2,778,649
2,850,178
1,512,064
600,403
Great B ritain....
Other European.
C h in a ...............
India....................
Arabia...............
A frica........ . . . . . .
West Indies....... .
M exico....... .
Central America.
South America.. .
Other countries..
c o t to n g o o d s
i
.
T ota l ................
978 264,565
Ent’d for consumpt 6,431 1,417,574
from this p o r t f o r th e w e e k e n d in g May 17 w e re 1,700
p a ck a g e s, v a lu e d a t $126,280, th eir d e s tin a tio n b e in g t o th e
315,208
1,265,441
Total on m arket...
The volume of business passing at first hands for current
requirements has again been of very moderate extent, the
demand being still interfered with by bad weather and roads
in many sections of the country, checking the distributing
movement. The placing of orders for fall delivery on the
Im p o r t a t io n s o f D ry G o o d s .
other hand has improved somewhat, so that in the aggregate
The importations o f dry goods at this port for the week
agents have been able to record about average results. The ending May 19, 1892, and since Jan. 1, and the same facts
tone of the market reflects some improvement. The number for the corresponding periods o f last year are as follow s:
of. weak spots are becoming fewer, while evidences of strength
fa*
in other directions are more clearly noticeable. Buyers are ►
o r ft
»3 2 E P 3 S
reluctant to acknowledge this, but agents having in most in
is s ili
stances got rid of stocks which had been hampering them
£o
2» §
are in a more independent position, and show a disposition to
refuse business on terms recently submitted to; heavy-weight
§
0*
brown sheetings are the exception to the rule, as of these there
is no scarcity, and some four-yard makes are also in full sup
ply. Prospects for the autumn season are considered highly
promising, both manufacturers and agents looking forward
to a large volume of business. The local jobbing trade has
M10MtOtO
MO 05COCl
COH CO
S? Aj
te
COO COto to
00000500tO
MCD00*40
been fairly good for the time of year, and from reports to
MCi CCtO©
©ooto»*M
C*O MO Cl
toit1
hand is better here than at the leading distributing centres in
05
H M 'I M M
the West, where adverse weather influences have been more
*CO
h3
00
MCOODCl <1
COCOCl *41*
MtO
eoa,
to
© co o p ©
severely felt, The exports for the week are moderate, and
< 1©
<1<1CC<JO560
eM .s?
M
bii*<l'cobo
HCOHOiH
Ü100 <1051*00»-»
the current demand generally indifferent, China business
ODC*OD"J <1
CO
Oi »* Mto ©
© © CO
■döi 00
CO
<1©COCl 00
to CO00toCO
»*OOCCQCO
1* 1*
still being held in abeyance pending possible developments
arising out of the passage of the anti-Chines8 measure.
to
Qo7-i©aoao
ooMwtooœ
©WX'CÔÇO
WW©©»
I^tot-Oif01)5-00©
N3
Kj $
«pte
>-1.
ooS
©S
tOCQ
THE
M a y 21,1892.]
S
tate
ano
C
it y
D
C H R O N IC LE .
epartm ent.
TERMS OF SUBSCRIPTION.
Com m ercial and Financial C H R O N IC L E con
tains 40 to 64 pages published every week.
State and City Supplement of C H R O N IC L E con
tains 180 pages published several times each year.
Investors* Supplement of C H R O N IC L E (a Cyclo
paedia o f Railroad Securities) contains 160 pages published
every other month.
Subscription to CHRONICLE for one year $10.00,
which includes every issue of both S u p p l e m e n t s .
T h e purpose o f this State and City D epartm ent
is to furnish our subscribers with a weekly addition to and
continuation of the S t a t e a n d C i t y S u p p l e m e n t . In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
S t a t e a n d C i t y S u p p l e m e n t to as near the current date as
possible. Hence if every Subscriber will note in his S u p p l e
m e n t on the page designated at the head of each item a
reference to the page where the item in the C h r o n ic l e can
foe found, he will at all times possess a complete and fresh
cyclopsedia of information respecting Municipal Debts.
•
THE
INDEBTEDNESS OF JE R S E Y CITY ,
N. J., AND LEAVEN W O RTH , KAN .
A new issue of our S t a t e a n d C i t y S u p p l e m e n t is
mailed with the C h r o n i c l e this week to each of our
yearly subscribers. The debt statements contained in
this publication have almost universally been corrected
to the end of the last fiscal year in the case of each muni
cipality, and in the majority of the reports the details of
loans issued since that date will be found in the bond
tables. A few instances occur, however, where we have
been unable to obtain late information from the muni
cipal officials, and as fast as the returns come in from
these places they will be given in this Department of
cur weekly paper.
To-day we give the statements of the debt and
financial condition of Jersey City, N". J., and Leaven
worth, Kan., each report having been revised since
the pages of the new Supplement were sent to press.
851
LOANS—
<— I n t e r e s t % ,------------Principal.----------.
NAME AND PURPOSE.
Rate. Payable. When Due. Outstanding.
Fund’g Loans to Fund—(Con.)
J & j M ayl5, 1894 $350,000
Tax arrearages, 1891.......... r 5
do
1891.. . . . . . r 5 J & J May 15, 1895
275,000
do
1 8 8 9 . r 3*3 A <& O Jan. 1, 1898
200,000
do
1889..........r 3*3 A & O Apr. 1, 1899
386,000
Improvements, 1874...... c&r 7 M & S Sept. 1, 1894
160,000
do
1874.......c&r 7 M &
S Sept. 1, 1894
z45,500
60,000
do
1874........... r 7 J & J Jan. 3, 1906
Morgan Street dock,1870.c&r 7 J & J June 8, 1900
al25,000
Print’g <fc advert’s’g, 1891. .r 4*a J ds J Dec. 1, 1892
2,056
Improvement certificates... . . . . .........
........
193,000
School Bonds, including Bergen, etc., issues—
Pub. schools (Bergen),1869.r 7 J & J July 1, 1898
50,000
do
(Bergen),1870.r 7 J & J Jan. 1, 1900
100,000
do
(Hudson),1870.r 7 J <& J Apr. 2, 1900
50,000
Streets and Sewers Assessment Bonds—
J «fe J July 1, 1892
Streets and sewers 1872.c&r 7
169,000
do
1872...r 7
M «fe N J’y «feNov. ’92
do
41,000
do
do
M <fe N May 1, 1893 Z287.000
1873.c&r 7
do
do
......o& r 7
A <fe O Oct. 1, 1893 z459,000
do
do
1 8 7 3...r 7
M <fe N Nov. 1, 1893
z 11,500
do
do
1874o&r 7
J <fc J Jan. 2, 1894 z500,00Q
do
do
1 8 7 3...r 7
M <fc N May 1, 1894
z 1,500
do
do
1874c&r 7
J «fe D June 1, 1894 z500,000
do
do
1 8 9 2 .... 5
748,000
J «fe J Jan. 2, 1922
Sundry bonds, 1891 ............. r 5
J <& J Dec. 1, 1892
13,565
Water loan, 1866..
7
J <fe J Jan. 1, 1899 alOO.OCO
do
1870..
7
J & J Jan. 1, 1902 a375,000
do
1872..
A & O Apr. 1, 1902 a800,000
7
do
1872..
M <fe S Sept. 1, 1902 a500,000
7
do
1874..
7
J «fe J Jan. 1, 1904 a250,000
do
1876..
7
J «& J Jan. 1, 1906
a60,000
do
1876..
M <& N Nov. 1, 1906
7
a61,000
do
M «fe 8 Mch. 26, 1908
1878..
7
a47,000
do
1873..
7
M <fc N May 1, 1913 a500,000
do
1863..
6
J «fe J Jan. 1, 1893 a$200,000
do
1865..
J <fe J Jan. 1, 1895 al79,000
6
do
1877..
6
J «fe J July 1, 1907 a255,000
do
1879..
6
F «fe A Feb. 1, 1909 ta50,000
do
1879..
J «fe J July 1, 1909
6
a50,000
do
1883..
5
F «fe A Feb. 1, 1913 a525,000
do
1891... refunding 5
A «fe O Apr. 1, 1916
586,000
do
1891...
do
5
J «fe D June 1, 1921
350,000
do
1892...
do
J «fe J Jan. 2, 1922
248,000
5
a $1,000 each.
t Secured by special sinking fund—see below,
s Wholly in sinking fund.
z These are assessment bonds.
INTEREST—W HERE PAYABLE—Interest on bonds is paid by the
Merchants’ Exchange National Bank of New York City.
T O T A L DEBT, SINKING FUNDS, Et c —The subjoined statement
shows Jersey City’ s total municipal debt, the resources held by the city
against the same, also the water debt, on the first o f December o f each
of the last two years.
1891.
1890.
General account debt................
$7,485,819
$7,163,239
Assessment account d eb t...............
5,086,000
5,473,500
930.000
Temporary loans.................................
450,000
Improvement certificates.......... ........ .
124,500
193.000
Amount due State and county.............
141,044
656,088
Unexpended appropriations, 1887-91
261,496
2,007,809
58,349
53,899
Other accounts.....................................
Total liabilities (excluding water debt). .$13,602,758
$502,043
Cash in City Treasury....................................
Bonds held in sinking funds______ ________ 1,307,711
Loaned water account....................................
............
Due from State for school purposes.............
do
do railroad taxs.................
........
Taxes due and unpaid................................ .
3,399,290
Assessments due and unpaid.......................
2,187,109
1,426,500
City property..........................
Due city for advertising tax sales.................
102,577
Other items.......................................................
207,923
$16,481,985
$790,827
1,726,385
299.000
262,367
325.000
5,148,410
2,384,564
1,426,500
102,413
63,768
Total resources.......................................... $9,133,152
$12,529,234
Net debt of city (except Water acc’t) Dec. 1. $6,090,450
$3,952,750
Water debt (additional)................................. $5,136,000
$5,085,000
Early in 1891 $586,000 water bonds and $1,869,000 other bonds feij
due and were funded at 5 per cent.
SINKING FUNDS—The sinking funds, all of which are invested in
the city’ s bonds and certificates, are held to secure the city’s loans s s
follow s:
$130,321
loan “ To fund maturing bonds,” 6 per cents, 1910.......
J E R S E Y C IT Y , N. J •—The following statement of the debt For
For loan “ To fund differences,” etc., 5 per cents, 1911---- 68,415
and finances of Jersey City has been corrected by means of the annual For Water 5 per cents, due 1 9 1 3 ............. ................................
87,660
160,373
report of the City Comptroller for the year ending Dec. 11891, this For City of Jersey City 6 per cents, due 1904.......................
fire-engine house 4 per cents, 1895...................................
1,436
report having been received since the pages of our State and Cit y For
For tax arrearage bonds of 1875 to 1887 inclusive...............
110,084
.Supplement were sent to press.
For any Jersey City bonds (sinking funds 1873 and 1889)..
837,080
Jersey City formerly suffered greatly from difficulty -in collecting
Total sinking funds......................... ; .................................. $1,395,369
taxes and assessments. Under the Martin Act, however, recently
Statement of debt on December 1,1882.
passed by the Legislature, the arrears of taxes are now made liens on
debt (excluding water debt)........ ..................................$17,926,450
the property, and if not paid within three years the property can be Total
Sinking fund, assets........ . . . . . . ...............................................
1,386,805
sold to satisfy them. This promises to bring in a large amount of
Net debt (excluding water debt)............. ......... .................$16,539,645
money to the city treasury. The city has also succeeded in adjusting
the taxes with the railroads, and the latter now pay into the treas Water debt (additional)..................... ........ .................... .......... $4,838,000 *J
TAXES AND ASSESSMENTS.—Included among the city’s resources
ury annually $225,000.
LOANS(/—-Interest.— s ^----------Principal.----------, above as of December 1, 1890, is the item “ taxes due and unpaid,”
NAME AND PURPOSE.
Rate. Payable. When Due. Outstand’g. amounting to $5,148,410. This is made up as follows : Tax of 1890
City government, 1872__ c&r 7
J & J July 1, 1913 a$550,000 $1,396,720; tax of 1889, $541,973; tax of 1888 $474,335; adjusted
City Hall, 1891....................c&r 5
F <fe A Feb.10’93-1912
95,000
City of Jersey City, 1 8 8 4...c&r 6 A & O Apr. 1, 1904 11,000,000 taxes of 1872 to 1882, inclusive, $675,276; unadjusted taxes, 1876 to
Fire Engine House, Police Station, etc., Bonds—
1887, inclusive, $1,994,957; taxes o f 1875, $65,149. As said above, the
Rebuilding, 1887.................. r 5
M ■& S Sept. 1, 1893
s6,000
Station House, 1890............r ‘ 4 L2 A & O Oct. 1, 1903-4 slO,000 amount of unpaid taxes and assessments is being reduced through the
Engine house, etc., 1889-90.r 4
J & J Jan. 1, 1895
s36,500 sale of delinquent property.
Fire engine house, 1888---.r 4
F «fe A A u g .2 7 ,1895.
t7,000
CITY PRO PERTY.—The city owns its water works which are selfPolice Head-Quar., etc., 1890 4 J «fe J £Jíp ¿rt yearly £ s42»000 sustaining.
ASSESSED VALUATION.—The city’s assessed valuation and tax
Police stations, 1 8 9 1 ........r 5 J <& J . Jan.l ’99-1900 5 19,900
do
do
1891........... r 4 ^ J <fe J J a n .l, 1905-7
15,100 rate have been as follows :
4th Prec. Station Ho.,1890.r 4Lj A «fe O Oct. 1, 1903
5,000
Real
Total
Tax Rate
Funded debt, 1872........ .C&r 7 M «fe N May 1, 1897 a500,000
Estate.
Personal.
Valuation, p er$1,000.
Funding Loans to Fund— :
1 8 9 1 _____ _ A. $78,165,545
$6,543,250
$84,708,795^ $284ft
Assessment bonds, 1874.c&r 7
J «fc D June’ 1, 1894
100,000 1 8 9 0 .................. 73,059,256
5,898,150
78,957,415
26-40
do
1875.c&r 7
J «fe D June 1, 1905
600,000 18 8 9 .................. 67,165,900
5,227,660
72,393,560
w
do
1876.c&r 7
J «fe J Jan. 1, 1906
300,OoO 1888 .1 ....'...... 64,069,305
4,971,420
69,040,725
29-80
•
do
1891.c&r 5
A «fe O Apr. 1, 1916 zl,469«Q00 1 8 8 6 . . . . . . . . . .. . 61,894,739
4,985,200
66,879,939
29'40*
.Floating debt, 1879........ c&r 6
F <& A Feb. 1, 1909 a l,353,000
1880.......... .*.... 54,122,875
5,343,815’
’ 59,466,690
28-0Ö
Maturing bonds, 1880.. 1c&r 6 J «fe D J un elO ,19l0 t450,000
¡■Differences, «feo., 1881, issued
>:
: „•>/ t-r l ..
POPULATION.—In 1890 population was 163,003;, in 1880 it was
H byJSudso» C ity ;........c&r .5
A «fe O Apr. 1, l$l,kti|15Q,090 120,722;.in 1870 it was 82,546, j
THE
862
C H R O N IC L E .
LEAVEXW OBTH,
k m —The following statement of
the debt and finances of Leavenworth is corrected to date by the aid of
a special report from City Treasurer Henry Jansen. The report has
been received since the pages of our St a t e a n d Ci t y Su pp le m e n t were
seAt to press.
e Co a l Co . B onds —
LOANS—
When Due. 6s,R Jiv&eJr,sid
$ 1 0 ,0 0 0 ......Apr. 1,1917
G as W e l l B onds —
Ser ie s E., J. and O. B onds —
6s, J&J, $5,000..........July 1,1917
5s, J&J, $1 ,000. . . . . ...J u ly 1,1894
G eneral I m provem entOs, yearly, $ 8 3 ,3 7 0 ....... ^ o yearly 5s, J&J, 4 ,0 0 0 .......
5s, J&J, 3,400........ - July
L e a v . N o r . & So. H R .—
e c ia l I m p r o v e m e n t B onds - 5s, J&J, $50,000....... July 1,1917 6s,Spyearly,
$85,560......... Lo yearly
L e a v . & O l a t h e R R .—
30-Y
e a r Com prom ise B onds —
6s, J&J, $ 1 5 ,000 . . . . . . Jan. 1,1917
5s,
J&J,
$58,800........
July 1,1909
I m p r o v e m e n t B o nds 1e a r F unding B onds —
. . . . . . . . $18,500............................. . 4s,30-Y
J&J,
$
332
,4
0
0
;....July
1,1914
P a r k B onds —
o a r d o f E d u c at io n B onds —
6s, A&O, $70,000........Oct. 1,1895 6s,B J&J,
$110,797....July
1,
1909
68/ ........ 1 7 ,500......1 8 9 2 to 1895
and July L P 11
($2,500 due semi-annually.)
INTEREST on the 30 -year compromise bonds, the bonds o f senes jg
J and O, and on the Board of Education bonds Is payable in Leavenworth
on'all other bonds interest is payable in New York City.
T O T A L DEBT SINKING FUNDS, Et c —The subjoined statement
shows Leavenworth’ s total municipal debt on the first of April of each
o f the last two years.
1892.
1891.
Total funded debt, excluding improvement bonds..$572,239 $604,08«
General and special improvement bonds
......... 167,720
Total city debt April 1 ...............- .................... ,....$739,959 $773,527
The city owns two market-houses.
ASSESSED VALUATION.—The city’s assessed valuation (about
one-third cash value) and tax rate have been as follow s:
Real
*Personal
Total Asseteetl
Years
Estate.
Property.
Valuation.
per $1,000.
18 ?” : ............$¿591,680
$846,250
$5,437,930
$43;50
879,600
5,470,710
46 35
1890...............*4,591,110
‘ Including railroads.
The tax rate for 1891 as above includes State tax $3 95; county tax
$13-05; city tax $17'50; Bchooltax $9*00; total $43‘50.
POPULATION.—I d 1890 population was 19,768; in 1880 it was
16,546; in 1870 it was 17,873.
Long Island City’s Back Taxes.—The Court of Appeals
made a decision on May 14th in the matter of Long Island
City versus the Collins estate, the effect of which will be to
compel the payment into the City Treasury of over $1,000,000
in back taxes and interest by a number of delinquents, who
have been fighting their taxes since the city was incorporated,
[V
o l
LIV.
Cambridge, Md.—The city of Cambridge has voted in favor
of a proposition to issue bonds not exceeding $50,000, for the
purpose of building a water works system.
Chelsea, Mass.—(S t a t e a n d C i t y S u p p l e m e n t , page 23.)—
The city of Chelsea is asking for bids on a $181,000 loan, bear
ing interest at the rate of 4 percent, and maturing October 1
1911. For further particulars see advertisement elsewhere in
this Department,
Cincinnati, 0 .—(S t a t e a n d City S u p p l e m e n t , page 77.)—
Messrs. Seasongood & Mayer were the purchasers of the 4 per
cent deficiency bonds to amount of $3,000. German National
Bank bought the 4 per cent paving bonds, due in 1905, to
amount of $6,000; and the City Auditor purchased for the
sinking fund the sewer bonds to amount of $36,959 and the
Lincoln Avenue bonds to amount of $45,000.
Clifton, 0 .—Bids will be received on June 11 1892 for $10,000
of 4^£ per cent Clifton water bonds falling due April 15 1922.
Columbus, O h io—(S t a t e a n d C i t y S u p p l e m e n t , page 86.)
—Messrs. Spencer Trask & Co., Boston, were the highest bid
ders for the new street improvement loan, amounting to
$25,000. The bonds are optional, being redeemable at or
before the expiration of ten years.
B illon, Mont.—This city will hold a special election May 28
to consider the question of issuing $25,000 water bonds.
F all River, Mass.—(S t a t e an d C i t y S u p p l e m e n t , page 24).
Municipal bonds to the amount of $95,000 bearing 4 per cent
interest and payable at the rate of $9,500 yearly, beginning
with May 1 1893. were sold last Saturday to Chamberlain,
Burdett & Co,, of Boston, at 101'562.
Franklin County, Ohio. - (S t a t e a n d C i t y S u p p l e m e n t ,
page 80.)—Bids will be received until June 14 1892 for the pur
chase of Franklin County 6 per cent bridge and road bonds to
the amount of $125,000. The bonds will be dated June 14
1892 and will mature part yearly from June 14 1893 to June
141899 inclusive.
Hagerstown, Md.— (S t a t e a n d C i t y S u p p l e m e n t , page 74). „
—The city has voted to issue bonds to the amount of $4U,UUH
for Bewers and streets.
Hannibal, M o —(S t a t e a n d C i t y S u p p l e m e n t , page 111).—
This city has issued $20,000 of bonds for electric light pur
poses. The city’s total bonded debt is at present $115,800.
Liberty, N. V . - (S t a t e a n d C i t y S u p p l e m e n t , page 49).—
Bids are wanted for $20,000 of bonds for water works con
struction.
Lowell, Mass.—(S t a t e a n d C i t y S u p p l e m e n t , page 26).—
The $100,000 of Lowell 4 per cent bonds maturing Oct. 1
1920 sold last week, were awarded to Messrs. N. W . Harris «
Co., of Boston, they being the highest bidders. The follow
ing is a list of the offers as reported to the C h r o n ic l e by City
Treasurer Austen K . Chadwick :
_
in 1871.
Seymour, Tex.—The corporation of the city of Seymour has
been dissolved. Aside from a large amount of general fund
J D t ff .
scrip, there were outstanding at the time of dissolution street
Third National Bank, Boston, Mass . . ...................... v .............. ^ ‘.a *5
im p r o v e m e n t bonds to the amount of $5,000. The funds in Messrs. Blake Bros. & Co., Boston, Mass.. - -- - - - - - - - ..................
Chamberlain, Burdett & Co., Boston, Mass........ ......... 105 01
the hands of the ex-City Treasurer, W . R. Lee, amount to
Bpencer Trask & Co., Boston, Mass................................ 106 89
$ 1, 200.
_____________
B o n d Proposal* and Negotiations.—W e have re
chived through the week the following notices of bonds
recently negotiated and bonds offered and to be offered for
sale.
Ada Union School District, Hardin County, 0.—Bids will
be received in Ada, O., until May 31st for $25,000 of 20-year 5
per cent bonds of this school district.
Albany, €U.—Bids are wanted by the city until June 1
1892 for $100,000 of 6 per cent city water bonds.
Allegany, Co., Md.—This county has authority to issue
school-house bonds to an amount not exceeding $75,000 at a
rate of interest not more than five per cent.
B a n g o r , Me.— (S t a t e a n d C i t y S u p p l e m e n t , page 10.)Bids will be received by the City Treasurer of Bangor until
Way 27 for the purchase o f 4 per cent bonds to the amount of
$50,000, payable Nov. 2 1912. For further particulars see ad
vertisement elsewhere in this Department.
Benton C o u n ty , M o — (S t a t e a n d C i t y S u p p l e m e n t , pa ge
110).—B en ton C ou n ty has re ce n tly sold $295,000 o f 5 per cen t
re fu n d in g b on d s at 103. This loa n con stitutes th e en tire in
debtedness o f the co u n ty , w h ich has an assessed va lu a tion o f
o v e r $3,000,000.
Boston, M ass.— (S t a t e a n d C i t y S u p p l e m e n t , page 21).
W e are informed by City Treasurer Alfred T. Turner that an
order for a loan of $2,995,000 has passed the City Council but
has not yet been approved by the Mayor. Prompt notice will
be given in these columns as soon as the city is authorized to
ask for bids.
Brazos County, Tex.—Brazos County Court House bonds
to the amount of $64,000 have been sold to the State Comp*
troller as an investment for the Permanent School Fund of
Texas. This fund already holds about $3,000,000 of county
bonds.
Cambridge, Mass.—(S t a t e a n d C i t y S u p p l e m e n t , page 22.)
City Treasurer, W m . W . Dallinger, will receive proposals un
til May 21,1892, for the following 4 per cent loans : $75,000 of
water bondé, due May 21912 ; $55,000 of Btreet bonds, due
May 2 1902 ; $20,000 of building bonds, due May 21902,
R. L. Day & Co., Boston. Mass.......................................... 107 078
Spitzer & Co.. Boston. M ass............................................ 105 783
N. W. Harris & Co., Boston, M ass............................ .
107 290
•• W. J. Hayes & Sons, Boston, Mass.................................. 106 473
Fred. A. Buttrick, Esq., Lowell, Mass....................... - ................... iUO
Lndington, M ich —This city voted favorably at a recent
election on the proposition of issuing $50,000 bonds.
Lynn, Mass.—(S t a t e a n d C i t y S u p p l e m e n t , page 26).—
Bids will be opened by City Treasurer Hartwell S. French on
May 23d for the following 4 per cent loans :
$20,000 sewer loan, due April 11912.
•30,000 street improvements, due April l 1902.
$10,000 completion of engine houses.
$10,000 for furnishing high school house
$10,000 for construction of primary school houses.
Lynn’s gross debt on May 16 1892 was $3,140,400; sinking
funds, $612,356 ; net debt, $3,723,041; tax valuation in 1891
was $44,766,872.
Manchester, N. H.- ( S t a t e a n d C i t y S u p p l e m e n t , page
14)._ A t a m eetin g o f the M anchester C om m on C ou n cil h eld
last w eek , a tem p ora ry loa n of $150,000 was authorized.
Milwaukee, Wis.—(S t a t e a n d C i t y S u p p le m e n t , page 100).
—City Comptroller, R. Czerwinski, will receive proposals for
the redemption of Milwaukee municipal bonds until June 1
1892 from the holders of those securities. The lowest bidders
will be entitled to the preference. For further particulars see
advertisement elsewhere in this Department.
Ordinances authorizing the issuance o f o per cent park
bridge bonds to the amount of $50,000 and 5 per cent water
bonds to the amount o f $50,000 have been passed by the City
Council and approved by the Mayor.
Mount Vernon, W adi.—Bridge bonds of this city to the
amount o f $11,500 have been sold to the Puget Sound Bond &
Trust Co o f Seattle. Assessed valuation of Mount Vernon,
$492,865; actual, $600,000.
Total debt, including this issue,
$23,500. Population, 1,800.
New Albany, In d .— (S t a t e a n d C i t y S u p p l e m e n t , page
87) —H. E. Jewett, City Attorney, has submitted to the Com
mon Council at its request an opinion to the effect that the
Council has no legal right to incur a debt, as the debt of the
city has for several years been up to the constitutional limit.
New Bedford, Mass.—(S t a t e a n d C i t y S u p p l e m e n t , p a g e
08).—Bids will be received by Mayor Charles S. Ashley until
i May 25 1892 for 4 per cent bonds o f the “ New Bedford Park
THE
Ma y 21, 1892.]
C H R O N IC L E .
Loan” to th« amount of $100,000. These bonds will be pay
able on April 1 1942 without option of call prior to that date.
The Assessors’ valuation of the city in 1891 was $36,644,571,
the permanent debt of the city, exclusive of water debt and
sinking funds, is $734,887 27—debt limit $916,114 27.
New Haven, Conn.—(S t a t e a n d C i t y S u p p l e m e n t , page
38).—On May 18 1882 the city issued 4 per cent 10-20-year
bonds to amount of $100,000. They were sold to the Bridge
port Savings Bank. The city has decided to redeem $65,000 of
this issue and reduce its bonded debt accordingly.
New York, N. Y.— (S t a t e a n d C i t y S u p p l e m e n t , page 50.)
On May 18th 3 per cent 16-year school bonds to the amount of
$197,939 50 were awarded to the New York Guaranty and In
demnity Company at 101*01.
On the same day at a meeting of the Aqueduct Commission
a resolution was adopted requesting Comptroller Myers to
issue and sell $500,000 aqueduct bonds, the proceeds to be used
for general construction purposes.
Norwood, 0.—Bids will be received by W . E. Wichgar,
Village Clerk, until June 3 1892, for 5% per cent bonds to the
amount of $3,000, payable $1,000 yearly on April 15 1894, 1895
and 1896.
Omaha. Neb.—(S t a t e a n d C i t y S u p p l e m e n t , page 119).—
Treasurer Henry Bolin of the city of Omaha will receive until
May 28 bids for the purchase of $400,000 of 5 per cent park
bonds. Bids will also be received until the same date for
$40,600 district street improvement bonds, bearing 5 per cent
interest, payable annually. This city will vote May 31 on a
proposition to issue bonds to the extent of $250,000 to the Ne
braska Central Railroad Company for the construction of a
line from that city westward about seventy-five miles. A
bridge in opposition to the Union Pacific structure is also
contemplated.
Ontario, Cal.—An election will be held in Ontario to decide
whether $12,000 of bonds shall be issued for improvements to
the town water system.
Pan ora, la.—The Treasurer of Panorawill receive proposals
until Friday, May 27 1892, for $6,500 of 6 per cent 10 and 20
year water works bonds, interest payable semi-annually.
8B3
Paulding, Ohio.—Messrs. Seasongood & Mayer, Cincinnati,
were the purchasers of the $12,000 main sewer bonds.
Portsmouth, Ya.—(S t a t e a n d C i t y S u p p l e m e n t , page
1491.—E. Thompson, Jr.. City Clerk of Portsmouth, Va., will
receive proposals until May 27ch for $37,500 of 30 year 5 per
cent city bonds, in denominations of $500 and $100.
Poso Irrigation District, Kern Co., Cal.—The Poso Irriga
tion District has let a contract for the construction of its sys
tem to the Portland Construction Co. for $450,000 in bonds.
Racine, Wis.—(S t a t e a n d C i t y S u p p l e m e n t , page 100).—
The $104,000 of 5 per cent annual 20-year municipal bonds
were finally awarded to W. J. Hayes & Sons, of Boston.
Salem, Mass.—(S t a t e a n d C i t y S u p p l e m e n t , page 29.)—
The Treasurer of the city o f Salem will receive proposals until
May 26 for $75,000 of 4 per cent bonds of that city, maturing
at the rate of $3,000 yearly from June 1 1893 to June 1 1917
inclusive.
San Jacinto & Pleasant Valley Irrigation District, San
Diego Co., Cal.—This district has voted $350,000 of bonds for
irrigation works.
Sing Sing, N. Y.—(S t a t e a n d C i t y S u p p l e m e n t , page 54).—
A letter to the C h r o n ic l e from City Treasurer George S.
Jenkins states that no water bonds will be issued for the pres
ent, although a loan o f $20,000 has been authorized, as men
tioned last week.
Springfield, Mass.—(S t a t e a n d C i t y S u p p l e m e n t , page
30).—Bids were received in Springfield on May 14 for
per
cent sewer bonds to the amount of $35,000, maturing May 1
1907, principal and interest payable in gold. The loan was
sold to Blake Bros. & Co., of Boston, at $100*190.
City Treasurer E. T. Tufft has sent to the Chronicle the
following list of the proposals opened : Blake Bros. & Co., of
Boston, Mass., $100*190; R. L. Day & Co., of Boston, Mass.,
$100*176; Spencer Trask & Co., of Boston, Mass., $100*030:
E. H. Roltins & Sons, of Concord. N. H., $99*000 ; James W.
Longstreet, of Boston, Mass., $97*625.
Tarrytown, N. Y.—(S t a t e a n d C i t y S u p p l b m e n t , page 54).
—The village has voted to issue bo nds for $10,000 to complete
the system of sewerage.
NEW LOANS,
N E W LO A N S.
NEW LOANS.
C IT Y OF
We Own and Offer
O F F IC IA L N O T IC E.
SUBJECT TO S A L E :
Published by authority of the Common
Council o f the City o f M ilw aukee.
BANGOR,
MAI NE,
Municipal Loan, 1892.
By authority o f an Act of the Legislature o f Main
approved February 10,1891, and o f a Resolve of ttn
City Council of Bangor, passed April 12. 1892, thi
Treasurer of said city will issue Bonds of the City o
Bangor for FIFTY THOUSAND DOLLARS, date«
May 2, 1892, and due November 2,1912, in sums o
®l,Oou each, with semi-annual coupons attached fo;
interest at 4 per cent per annum. Principal and in
terest payable at the Merchants’ National Bank
Boston, Mass. These bonds are to be issued for tin
purpose o f refunding an equal amount, maturini
during the year 1892.
The population of the City o f Bangor is
(about)...
.........................I
20,00<
The assessed valuation o f Estates for
m i891 T as*-i -ii...................................... 811,169,000 (X
The value of Municipal Estates
.. . *860,500 0<
The net indebtedness o f the City (in
cluding Water Loan And deducting
Sinking Fund)................................... $376,105 7(
These Bonds Constitute a Legal In
vestment for Savings Banks in
Massachusetts.
$ 1 0 0 ,0 0 0 City o f New H a v e s, Conn.,
Sew er............................................4s
1 0 0 .0 0 0 City o f I/ow ell, M ass., City
H a ll, 1 9 2 0 ..................................4s
1 5 0 .0 0 0 City of Omaha, Neb., C*ty
H a ll, 2 0 y e a r...........................5s
(Send for special circular.)
8 7 .0 0 0 City o f K an sas City, M o., City
H all, 2 0 -y e a r ............................ 4s
(Send for special circular.)
5 0 .0 0 0 Cl*y of Portland. Oregon. 3 0 year, Sinking Fund, G o ld ....5s
(Send for special circular.)
1 6 .0 0 0 City o f S tillw ater, Minn.,
Sewer, 3 0 -year......................... 5s
8 3 .0 0 0 City of K n ox ville, Tenn., 3 0 year. Hold.
............................ 5s
(Send for special circular.)
3 3 .0 0 0 Citv o f M arblehead, M ass.,
W a t e r ....................................... 4s
3 4 ,5 0 0 City of Des Moines, Iow a, East
bide School............
5s
1 0 .0 0 0 City o f Ottumwa, Iow a, School,5s
3 0 .0 0 0 City of Beatrice, Neb., W a te r, 5s
2 7 .0 0 0 City o f Olympia, l**-15-year,
Gold. (Capital of the State of
Washington)........................
6s
4 1 .0 0 0 City o f New W hatcom , W a sh .,
2 0-y e a r, G old ............................ 6s
1 1 .0 0 0 City o f W ym ore, N eb., W a te r.
5 -2 0 year.....................................5s
2 9 .0 0 0 Muskingum Co., O ., 1 9 1 6 -1 7 ,
(City of Zanesville County seat).. .5s
The undersigned. Treasurer o f the City o f Bangor,
invites proposals for the whole or any portion of the
proposed Loan, reserving the right to reject any or
all bids not regarded for the interest of tne City.
Accrued interest at four per cent from May 2, 892,
will be charged in addition to the rate offered in ac
cepted bids.
.Ail proposals made in reply to this advertisement
should be under seal,endorsed“ Proposals for Bonds,”
SEND FOR FURTHER PARTICULARS.
received by the Treasurer on or before FRI
DAY, May 27,1892, at 10 A. M., and the Bonds will
Correspondence solicited.
be ready for delivery on or before June 3,1892.
JOHN L. CROSBY,
Treasurer o f the City of Bangor.
Approved: F. O. BEAL, Mayor.
GEORGE W. VICKERY,
BAN K ER S,
Chairman o f Committee on Finance.
BANGQB, May 10th, 1892.
C H IC A G O .
NEW YO R K .
BOSTON.
N . W . Harris & C o .,
6% IN V E S T M E N T S Q%
825,000
FIRST MORTGAGE GOLD BONDS,
T O W N OF
Amounta $ 5 0 0 to $ 1 0 ,0 0 0 .
NAUGATUCK, CONN.,
GOLD DEBENTURE BONDS,
5 , 7 and 1 0 Years,
ATLANTIC TRUST CO., NEW YORK, TRUSTEE
Am ounts $ 1 0 0 to $ 1 ,0 0 0 .
A FEW CHOICE
7 PER CENT FIRST MORTGAGES.
Write for Description.
Lom bard Investment Co.
150 B R OADW AY, NEW YOR K .
GO LD 4 s.
Maturing s
$ 1 5 ,0 0 0 April 1 , 1 9 1 2 ,
$ 1 0 ,0 0 0 April 1, 1 9 1 2 ,
OPTIONAL AFTER APRIL, 1907.
Interest and principal payable in GOLD COIN.
Price and further particulars on application.
FA R S O N , L E A C H & CO .,
CH ICA G O ,
? 3 Dearborn Street.
NEW YO R K ,
2 W a ll Street.
Milwaukee City Bonds.
The Commissioners of the Public Debt of the City
of Milwaukee are ready to receive bids or proposals
from holders of General City, Water, Bridge, Water
Works, Re unding, School, Bath, Park, Intercepting
Sewer, River Dam, Library, City Hall and Viaduct
Bonds at or below par to an amount not greater
than the amount of the Sinking Fund on hand, in
pursuance of the provisions of the acts and the sev
eral acts amendatory thereof. All bids must specify
the numbers and amounts of bonds proposed to be
retired, and be accompanied by a certificate of the
proper officers of some bank, or of Morton, Bliss &
Co., bankers of New York City, that the bonds are
deposited with said bank, or with Morton, Bliss &
Co., to be delivered for cancellation upon a*ceeptance
of bid and payment.
All bids to be exclusive of coupons due June 1 and
July 1, 1892, and also September 1, 1892. Bids or
proposals may be delivered to the City Comptroller
at any time before June 1,1892. Upon that day, at
10 o’clock A. M., the bids and proposals will be open
ed by the Commissioners of the Public Dent, and the
lowest bidders will be entitled to tne preference.
By order o f the Commissioners of the Public Debt
of the City of Milwaukee.
R. CZERWINSKI, Comptroller.
Milw au kee . May 9.1892.
C IT Y OF
CHELSEA,
MA S S .
Refunding Loan Bonds.
S I8 !,0 0 0
Dated April 1, 1 8 9 2 . Payable Oct. 1 ,1 9 1 1 . .
untu 4 O'clock F. M., TUESDAY, May 31, 1892,
sealed proposals will be received at the office of the
City Treasurer, City Hall, Chelsea, Mass., for any
part or the whole of, One Hundred and Eighty-one
Thousand Dollars o f the City of Chelsea Refunding
Loan Bondi.
The bonds are to be of 81,000 each, dated April 1,
1892, and due OtJtober 1,1911, at 4 per cent interest,
with coupons payable at the office of the City Treas
urer, April 1 and October 1, and are to be secured by
sinking funds raised by taxation annually and set
aside lor their redemption in accordance with law.
This loan is made under the authority o f' and in
pursuance of Chapters 248 and 376 of the Acts and
Resolves- of 1891, and authorized by a concurrent
vote Of the City Coun«jil passed January 26,18'«2.
Buis should be marked “ Proposals for Loans,” and
should be plus accrued interest.
AH proposals will be opened iD the presence of the
Mayor and members of the Joint Standing Committee
9n * vjaiice, at 7:45 o’clock on the evening of Tues
day, May 3 1,1892.
Bomis will be ready for delivery June 1.
„
iMdmmtion iu regard to the financial condition
i u / i ' J p regard to the proposed loan will be
rUmSls • I tbe GfcV Treasurer upon application.
• ln e right is reserved to reject any and all bids.
THOMAS B. FROST, City Treasurer.
chblsea , Mass ., May 17 1892.
^
(•Vol. L iv .
T H E CHRONICJL&
864
Tieonderoga, N. Y.—The Legislature has authorized the city
to issue bonds for the purpose of constructing water works.
Trinidad, Col.—(State a n d C it y S u p p l e m e n t , page 134).—
School bonds bearing interest at the rate of 5 per cent per
annum have been sold to the Rollins Investment Co. of Denver,
Col. The amount of the loan was $35,000.
Y ictoria County, Tex.—This county hag recently sold Court
House bonds to the amount of $75,000.
Waitsburg, W a s h — Waitsburg, Walla Walla County,
Wash., Bold $28,000 of 20-year 6 per cent water bonds on May
2, 1892. Assessed valuation, $397,970; actual valuation,
$530,626. Only debt is amount of above issue. Population m
1890 was 817. Tax levy, 1% mills.
Waltham, Mass.—(S t a t e a n d C i t y S u p p l e m e n t , page 31).
—The city of Waltham will soon be in the market for a loan
of $100,000.
Waterford, N. Y.—The Albany City Savings Institution was
the purchaser of the $7,000 4 per cent village bonds, paying a
premium of $42.
Westboro, Mass — (S t a t e a n d C i t y S u p p l e m e n t , page 31).
Town Treasurer, Geo. O. Brigham, writes us that $15,000 oi
Westboro sewer bonds bearing interest at the rate of 4 per
cent, and payable May 1 1912, were authorized April 18 1892.
He further states that the bonds will be issued from time to
time as required to pay for the work of construction. Plo
bonds have as yet been sold.
West Lincoln Township (Logan C o .) 111.— Nos. 4, 5 and
6 of the six per cent bonds of this township dated July 1 18oo
will be paid at the American Exchange National Bank ot
New York on July 1 1892.
Yorkers, N. Y.—(S t a t e a n d C i t y S u p p l e m e n t , page 56).—
The Governor has signed a legislative bill authorizing the
issuance of $300,000of bonds for im provements to the city water
works.
c
Youngstown Ohio.—(S t a t e a n d C i t y S u p p l e m e n t , page
84).—Bids were opened on May 16 1892 for 6 per cent city
loans of the following description:
______ _______________ _
N EW LO A N S.
M IS C E L L A N E O U S .
City Bonds For Sale.
C I T Y AND C O U N T Y
N EW LO A N S.
B
O
N
D
S
No. 1, $825 of Prospect Street grading bonds, due 1893 to
1896.
No. 2, $1,800 of Chambers Street grading bonds, due 1893
te 1897.
No. 3, $550 of Garlick Street grading bonds, due 1893 to
1897.
No. 4, $1,000 of Front Street sewer bonds, due 1893 to 1897.
No! s! $3,100 of Grant Street sewer bonds, due 1893 to 1897.
No. 6, $5,815 of Ford Avenue sewer bonds, due 1893 to 1897.
No. 7! $3,975 of Scott Street sewer bonds, due 1893 to 1897.
No. 8, $2,689 of Wilson Avenue sewer bonds, due 1893
to 1897.
No. 9, $1,753 of Mill Street sewer bonds, due 1893 to 1897.
The total amount of bonds offered was $24,507, and the
best premiums aggregated $25,691-14, the city realizing
$1,184*14. The following list of bids has been sent to the
C h r o n ic l e by City Clerk J. Howard Edwards:
E. N. Loveless—No. 3, $555-60.
C. H. White & Co., New Y ork — No. 1, $849-75; No. 2,
$1,854; No. 3, $575-69; No. 4. $4,186-80; No. 5, $3,244-71; No. 6,
$6,086-56; No. 7, $4,160-53; No. 8, $2,814-58; No. 9, $1,834*87.
Seasongood & Maver, Cincinnati—No. 1, $843-81; No. 2,
$1,840-95; No. 3, $562-52; No. 4, $4,091-15; No. 5, $3,170-70;
No. 6, $5,947-59; No. 7, $4,065*60; No, 8, $2,750-15; No. 9
$1,792-81.
t
n
Dollar Savings and Trust Company—No. 1, $850; No. 2,
$1,872; No. 3, $566-50; No. 4, $4,205; No. 5. $3,256; No. 6,
$6,107; No. 7, $4,176: No. 8, $2,797; No. 9, $1,825.
J. H. McEwen—No. 4, $4,135; No. 5, $3,200; No. 6, $6,040;
No. 7, $4,110; No. 8, $2,784; No. 9. $1,808.
Y. H. Coons & Son, Findlay—No. 4, $4,164; No. 5, $3,227-10;
No. 6, $6,053-41; No. 7, $4,137-97; No. 8, $2,79§‘2>; No. 9,
$1,824-87.
.
R. McCurdy—No. 1, $848*80; No. 2, $1,853-16; No. 3,
$568-05; No. 4, $4,125-36; No. 5, $3,198-78; No. 6, $5,994-22;
No. 7, $4,099-17; No, 8, $2,776-34; No. 9, $1,811-26.
The Dollar Savings and Trust Companv made the highest
bid on Nos. 1. 2, 4, 5, 6 and 7, and C. H. White & Co. on
Nos. 3, 8 and 9.
BONDS.
.
Notice is hereby given that the City Treasurer will
sell at public auction on Monday, June 6th, 1892
B O U G H T AND SOLD.
at the door of the City Hall in Bozeman, Montana,
$300,000 tlerelan d 10 year
4s between the hours of 10 A. M. and 4 P. M, to the
highest bidder, city bonds to the amount of $3,000,
$150,000 Worcester 30-year
4s to bear date of July 1st, 1892, to be redeemable in
1 5 W a ll Street, N E W Y O R K .
ten years and payable in twenty years from date of BOSTON
________________________ If! A H Q .
$100,000 Omaha School 20-year
5s issue, to bear interest at the rate of six per cent per
annum, interest coupons payable semi-annually,
H
I
G H GRADE
$50,000 Ausonia, Ct., 10-20 year 4s bonds in denomination of $500 each, principal and
interest payable at the office of the City Treasurer of
$85,000 Franklin Co., 0. (Columbus
the City of Bozeman, Montana.
Said bonds are issued under the authority of the Netting the Investor from 4 per cent to (S
County seat),
*
6s City
Council, as provided by their charter and sanc
per cent. W rite for Circular.
tioned by the qualified voters of the said city at an
$50,000 Ogden, Utah, School, 10election held on April 4th, 1892. These bonds are
20-year
5s Issued for the purpose of obtaining money with
CONCORD, N. H .
which to purchase a dump ground for the city.
The Indebtedness of Bozeman City (on April 1,
Send for new circular giving details of
1892), including this issue, is $50,300.
above and other desirable bonds.
The city of Bozeman has never repudiated any of
its indebtedness, and there has never been any
BANKERS.
default fa payment of Interest.
Assessed valuation of t l e city In 1891 wag
MUNICIPAL BONDS.
1 3 1 D E V O N S H IR E S T ., BOSTON, M A S S . $2,000,*00.
PHILIP DODSON,
N . W . H A R R I S & C O .,
M U N IC IP A L B O N D S,
E.
H.
Rollins & Sons,
Lam precht Bros. & C o .,
G ay &
Stanwood,
City Treasurer.
$ 55,000
SO U T H E R N
C IT Y OF
California Securities
PORTSM OUTH, N. H ,
OF THB HIGHEST CHARACTER,
y Per Cent Debenture Bonds.
8 P er Cent Guaranteed M ortgages.
4- P ER C E N T COUPON
D ue January 1, 1912.
P R IC E 103 3 -4 AND IN T E R E S T .
o
W e w ill take in exchange City of Ports
mouth 6 Per Cent Bonds, due 1 8 9 3 , on a 3
For Cent basis.
C o .,
2 8 s t a t e : S T R E E T ,] b o s t o n .
5 NASSAU S T R E E T , N E W Y O R K .
R.
T.
Johnston,
60 B R O A D W A Y , N E W Y O R K
Water Bonds,
Blake Brothers &
W.
Cleveland, O hio, P erry-P ayn e B ’ ld ’ s
Ronton, M a ss., 53 State Street.
N ew Y o r k , 11 W a l l Street.
W.
J.
Hayes & Sons,
RANKERS,
Dealers in MUNICIPAL BONDS.
Street Railway Bonds and other high grade in
vestments.
1 4 3 Superior S t „ d
1 0 W * L L g X |l E E T ,
Boston.
Cable Address. “ KENNETH.”
W m . G . H opper & C o ., F I S H E R
2 8 SOUTH T H IR D S T ., P H I L A ,!
Stocks 'and Bonds bought and sold on Commission for Cash, or carried on favorable terms.
In te r e st a llo w e d on balances. Correspondence
tolidted.
NEW l ö ß i . ]J
7 Exchange Place.
&
SH AW .
B altim ore, M aryland,
DEALERS IN
M UNICIPAL
BONDS
E . W . C lark & C o .,
AND IN THB
BANKERS AND BROKERS
Issues of Corporations Possessing
Strong Municipal Franchises.
N o. 139 South Fourth St.,
P H IL A D E L P H IA .
Transact a general banking business. Allow
Interest on deposits.
„
oKS
Members of the Philadelphia and New York C A SH O R D ER S E X E C U T E D ON T H B
Stock Exchanges, and connected by private wire
B A L T IM O
STOCK EXCH AN G E,
With New York.
THE
Mat 21, 1888.3
C H R O N IC L E .
C H IC A G O .
C H IC A G O .
P A C IF IC G O A ST.
T itle Guarantee & Trust
Com pany
Union National Bank,
T acom a National Bank,
OF
C H ICAG O ,
9 2 , 9 4 & 9 6 W A S H IN G T O N S T R E E T .
Capital, paid.up............................ $ 1 ,6 0 0 ,0 0 0
Undivided earnings, including
surplus............................................ .
2 2 0 ,0 0 0
Deposited with State Auditor. .
2 0 0 ,0 0 0
GUARANTEES TITLES TO REAL ESTATE,
Offers investors in real estate securities
' rotection afforded by no other system of
ooing business.
authorized by law to act as Registrar o f Stocks
nd Bonds, Executor, Receiver and Trustee for
Estates, Syndicates, Individuals and Corporations.
Trust moneys and trust securities kept separate
irom the assets of the Company.
• CORRESPONDENCE S O L IC IT E D .
OFFICERS:
GWYNN GARNETT, President.
A. H. SELLERS, Vice-President.
ARCHIBALD A. STEWART, Secretary.
CHAS. R. LARRABEE, Treasurer.
DIRECTORS:
Gwynn Garnett,
Chas. W. Drew,
W. D. Kerfoot,
John P. Wilson,
George C. Walker,
Edson Keith.
John G. Shortall,
Geo. M. Bogue.
John DeKoven,A. H. Sellers.
Samuel B. Chase,
COUNSEL:
W. C. Goudy,
John P. Wilson,
A. M. Pence,
A. W. Green,
Illinois Trust & Savings
Bank.
CH ICAG O , IL L .
C A P IT A L AND S U R P L U S, - $ 3 ,2 5 0 ,0 0 0
First National Bank in the City,
CH ICA G O .
$ 2 , 0 0 0 ,0 0 0
P a id -u p C apital.
Su rplu s,
-
7 0 0 ,0 0 0
A regular Banking Business Transacted. Accounts
o f Banks and Bankers, Mercantile and Manufacturing
Firms or Corporations, received on favorable terms.
Foreign Exchange Bought and Sold. Commercial
and Travelers’ Credits, available In all parts of the
globe, issued. Telegraphic Transfers made with all
principal European and Domestic Points. United
States and other first-class Investment Bonds dealt in
CORRESPONDENCE SOLICITED.
T h e Jennings Tru st C o .,
18 5 D E A R B O R N S T ., C H IC A G O .
CAPITAL, PAID UP, -
$500,000
SURPLUS,----------- -
$25,000
NEGOTIATES GROUND RENTS in the City of
Chicago. Takes entire charge of estates. Acts as
agent for the registration and transfer of bonds and
stocks and the payment of coupons, interest and
dividends. Authorized by law to receive and execute
trusts of every character from courts, corporations
and individuals. A legal depository for court and
trust funds.
INTEREST ALLOWED ON DEPOSITS of money,
which may be made at any time and withdrawn after
five days’ notice, or at a fixed date.
TRUST FUNDS AND TRUST INVESTMENTS
are kept separate and apart from the assets of the
Company.
DIRECTORS.
AZEL F. HATCH,
CHAS H. HULBURD,
M. W. KERWIN,
ANDREW C. LAUSTEN
8AAC N. PERRY,
MAURICE ROSENFELD
J. R. WALSH,
SAMUEL D. WARD,.
OTTO YOUNG.
OFFICERS.
J. R. WALSH, President.
ISAAC N. PERRY, Vice-President.
SAMUEL D. WARD, Treasurer.
LYMAN A. WALTON, Cashier.
FRANKLIN HATHBWA Y. Secretary
IN TEREST ALLOW ED ON DEPOSITS.
This Bank is directly under the jurisdiction and
supervision o f the State of Illinois, is a LEGAL
DEPOSITORY for Court Moneys, and is authorized
to act as TRUSTEE. EXECUTOR. RECEIVER and
ASSIGNEE for ESTATES, INDIVIDUALS and
CORPORATIONS.
OFFICERS:
J. B. B reese , Member New York Stock Exchange
John J. Mitchell, President.
D. M. Cummings , Member Chicago Stock Exchange
John B. Drake, Vice-President.
Wm. H. Mitchell, Second Vice-President,
Wm. H. Reid, Third Vice-President.
James 8 Gibbs, Cash’r. B. M. Chattell, Ass’t Cash’r.
DIRECTORS:
B A N K E R S AND B R O K E R S ,
John MeCaffery,
John B. Drake,
111 A N D 113 M ONROE S T R E E T ,
L. Z. Letter,
Wm. H. Reid,
Wm. H. Mitchell,
John J. Mitchell,
CHICAGO
Wm. G. Hibbard,
J. C. McMullin,
Securities listed in New York, Boston or Chicago
D. B. Shipman,
J. Ogden Armour,
carried on conservative margins.
Frederick T. Haskell.
Breese & Cum m ings,
T A CO M A ,
W A SH IN G T O N .
Paid-up Capital................................ $ 2 6 0 .0 0 0
Surplus...................................................$ 1 2 5 ,0 0 0
President,
Cashier,
Vice-President
W . B. B l a c k w e l l . H . O, F i s h b a c k . E d m u n d Kick .
General Banking Business Transacted.
Special Attention to Collections.
Com m ercial Bank,
TACOMA, W ASH INGTON.
P A ID -U P C A P IT A L $ 2 0 0 ,0 0 0 .
6 Per Cent Bank Certificates Issued.
8 Per Cent Gold M ortgages.
10 Per Cent City, County, State W arrants.
CORRESPONDENCE SOLICITED.
Gr a t t a n H. W hkkler , Pres. A . B rid g m a n , Cash.
Merchants National Bank
OF « R A T T L E , W A S H IN G T O N .
UNITED STATES DEPOSITORY.
Angus Mackintosh, Pres. |Abram Barker, Vice-Pres.
Wm. T. Wickware, Cashier.
Capital, $ 2 0 0 ,0 0 0 I Surplus, etc., $ 4 0 ,0 0 0
Interest-bearing Certificates of Deposit Issued.
Superior Collection Facilities.
Correspondence Solicited.
Merchants’ N a t’l Bank,
P O R T L A N D , OREGON.
Paid Capital...... ..............................$ 1 ,0 0 0 ,0 0 0
J. LOEWENBERG, Pres. JA8. STEEL, Vice-Pres.
_ I. A. MACRUM, Cashier.
8ELLS SIGHT EXCHANGE AND TELE
GRAPHIC TRANSFERS, and ISSUES LETTERS
of CREDIT available throughout the United States
DRAWS BILLS OF EXCHANGE on London,
Liverpool, Dublin, Paris, Berlin, Frankfort-on-theMain, and all the principal cities of Europe; also on
Hong Kong.
COLIiECTION8 MADE on all accessible points.
SAN FRANCISCO.
T h e First National Bank
OF SAN FRANCISCO, CAL.
UNITED STATES DEPOSITARY.
C A P IT A L ,
$ 1 ,5 0 0 ,0 0 0
SU R P LU S,
$ 7 5 0 ,0 0 0
8. G. Mu r p h y , President. E. D. Morgan , Cashier
Jamkb Mow i t t , V.-Pres. G. W. Klin b , Asst. Cash
G E N E R A L B A N K IN G BU SIN E SS.
ACCOUNTS SO L IC IT E D .
A Substantial
Investment.
8 P E R CENT RIVII>ENI>
T h e Merchants’ Loan & Herm an Schaffner & Co. AND SURPLUS EACH TEAR.
BANKERS,
Trust Com pany,
The Columbia Nat’l Bank,
C O M M ER C IA L P A P ER
BANK
CH ICAGO .
S. W . Cor. D earborn A M a d iso n Sts.,
TA C O M A ,
Corner Dearborn and W ashington Streets,
CH ICAG O , IL L .
WASHINGTON,
E S T A B L IS H E D
1857.
Capital (paid in).............................$ 2 ,0 0 0 ,0 0 0
Surplus and undivided pi tilts... 1 ,5 0 0 ,0 0 0
H enry
C.
H ackney,
J. W. DOANE, President.
$ 3 ,5 0 0 , OflM
P.
YOE. Vice-Presideni
ORSON SMITH, Second Vice-President.
F. C. OSBORN, Cashier.
F. N. WILDER, Assistant Cashier.
115 DEARBORN STREET,
„
TRUSTEES.
MARSHALL FIELD,
J. W. DOANE,
C. H. MCCORMICK,
-------------P.
L. YOE.
JOHN DE KOVEN,
GEO. M. PULLMAN,
ALBERT KEEP,
A. H. BURLEY.
JOHN TYRRELL,
E. T. WATKINS,
LAMBERT TREE,
BRSKINE M. PHELPS.
ORSON SM/TH.
IN VESTM EN T SE C U R IT IE S,
Banking in all its Branches Transacted.
Foreign exchange bought an sold.
Travelers’ Letters o f Credit and Commercia.
Credits issued, available In principal cities through,
out the world. Cab !e transfers made.
J. G. ORCHARD, Mgr Foreign Dept.
A. 0. SLAUGHTER, Member N. Y. Stock Exchange
WM. V. BAKER, Member Chicago Stock Exchange
CH ICAG O .
H IG H G R A D E
Paying 8 per cent and 1 2 per cent for sale
G . R . Voss,
Commercial Paper,
Bonds, Stooks and Investment Securities.
686 FIRST NATIONAL BANK BUILDING,
Omaha, Nebraska.
organized w ith a »m a ll cap ital, In
order to h an d le the profitable business
presented, w i l l Increase its capital to
$ 5 0 0 ,0 0 0 , an d offers a portion o f the
increase to Investors at 102 per share.
H ook valu e. T h e 2 per cent p rem iu m
w ill he placed to profit a ccou u t, a « d
carried to su rplu s in J u ly n ex t. T h e
B a n k confines its operations strictly to
com m ercial bu sin ess.
T h e average earnings o f the N ational
B a n k s in th e State ot W a sh in g to n for
th e past five years w ere 18 per cent, as
sh o w n by th e report o f tli «¡Com ptroller
o f the Currency fo r 1 8 9 1 .
F u n d s m ay be sent direct to the B a n k ,
an d stock c e r tific a te w ill he fo rw a rd
ed at once. F o r statem en ts, list o
stockh olders, a n d fu rth er particu lars
address
H1SHHY O L IV E R ,
A . O. Slaughter & C o .,
Jo s. C . Platt, C . E .,
BANKERS,
1 1 1 -1 1 3 L A S A L L E S T R E E T ,
CONSULTING E N G IN E E R ,
R . T . W ilson & C o .,
CH ICAG O , IL L S.
W A T E R F O R D , N. Y ,
BA N K E R S AND COMMISSION MERCHANTS
Chicago Securities Bought and Sold.
j Exam ination» and Report»
lor In vestors.
P resident.
33 W all Street, New Y ork .
THE
ffitm tucial.
© 0 t t ITO*
$ 0 tt0 tU
W OODW ARD
& S T IL L M A N ,
Walter T, Hatch,
Henry Prescott Hatch,
Arthur Melvin Hatch
Members o f N. Y. Stock end Produce Exchanges.
W . T . H atch & Sons,
IN M A N , S W A N N & C o
MERCHANTS,
96 Broadway & 6 Wall SL, New York.
COTTON MERCHANTS*
16 to 22 WILLIAM S T R E E T ,
MEW
[Vol. U V .
C H R O N IC L E .
¥©EE.
Mew Y o rk .
e© TT O N OF A L L GRADES SUITABLE TO
Dealers In investment stocks and bonds.
Personal attention given at the N. T. Stock 'E x
change for the purchase and sale on commission o
stocks and bonds for cash or on margin.
Interest allowed on deposits, subject to draft at
sight.
WANTS OF AM ERICAN SPINNERS.
STBRN A CO.,
New Orleans, La.
LBHJ4AN, DTTRR A CO.
Montgomery, Ala.
W K M A »,
LEHMAN
BROS.,
C O M M IS S IO N M E R C H A N T S ,
H enry H en tz & C o .,
COMMISSION
MERCHANTS,
1 6 to 2 2 W i l l i a m S tree t, N e w Y o r k .
No. 40 Exchange Placed
{N E W Y O R K .
C O F F fiB
at the NEW YORK COFFEE EXCHANGE, and
Ne w Y o r k .
G R A IN AN D PROVISIO N S
Orders executed on the above Exchanges as well
as In New Orleans, Chicago and foreign markets.
at the NEW YORK PRODUCE EXCHANGE and
the CHICAGO BOARD OF TRADE.
STRAUSS A CO.,
Savannah and
New Orleans.
Hubbard, Price & C o .,
STRAU SS
COTTON
&
C O .,
MERCHANTS
483 B R O W N ’ S BU ILD IN G S.
LIV ER P O O L.
Special attention given to correspondence with In
terior Cotton Merchants and Buyers for the pur
chase and sale o f Cotton both on spot and for future
delivery.
Hopkins, D w ig h t & C o .,
o d l T i l K , COTTONSEED O IL
AN»
S O U TH E R N PRODUCE
t 0MMISSI0N
MERCHANTS,
R s s a HÜ, G otten E x ch a n g e B u ild in g .
NHW YORE
änstavus C. Hopkins.
Charles D. Miller.
Luaius Hopkins Smith.
8amuel Hopkins.
Crenshaw Sc W isner,
1 6 f t 1 8 E x e h u i g s Plstee, N e w Y o r k .
COMMISSION M E R C H A N T S .
Members o f the Cotton, Coffee and Produoe Nxsh’s.
GBNCY OF
THE HAXALL CRENSHAW CO.,
RICHMOND, VA.
Standard Brands o f Flour for Shipment to Warm
Climates always on hand.
SULPHUR MINES COMPANY
OF VIRGINIA.
High-Grade Pyrites, free from Arsenic.
J . Spencer Turner,
SUCCESSOR TO
B rinckerhoif, T urn er A Co.,
MANUFACTURER AND DEALER IN
C O T T O N SA IL DUCK
A N D A L L K IN D S OP
COTTON CANVAS FELTING DUCK,
CAR COVERING, BAGGING,
RAVENS DUCK, BAIL TWINES, Ac.,
“ ONTARIO ” SEAMLESS BAGS,
“ AWNING” STRIPES.
A
lso, a u n t s
UNITED ST A T E S BUN TIN G CO.
A full supply, all Widths and Colors, always
teak--
Mo. 10 9
Duane Street.
Prince
&
C o ,,
BANKERS AND BROKERS
MEMBERS OF TH E STOCK, COTTON, COF
STRAUBS A CO.,
Manchester, and at prindpal Cotton Centres
on the Continent.
H.
COTTON
at the NEW YORK, LIVERPOOL AND NEW OR
LEANS COTTON EXCHANGES. Also orders for
FE E AN D PRODUCE EXCH AN G ES,
F.
EXECUTE ORDERS FOR FUTURE DELIVERY
BOSTON,
MASS
HIGH GRADE INVESTMENTS.
Members of New York and Boston stock Exchanges
COTTON EXCHANGE BUILDING
NEW Y O R K .
General Commission Merchants.
Members New York Cotton Exchange, New York
Produce Exchange, New York CoflIse Exchange,
Chicago Board of Trade.
Orders executed on any of the above Rxehanges,
also for purchase and sale of cotton for future de
livery m New Orleans and Liverpool. Liberal ad
vances made on cotton consignments.
P R IC E , R E ID dk CO.,
N o r fo lk , T a .
P R IC E , R E ID <fc A D A M S , Limited.
Charleston, S. C.
Execute orders for cotton for foreign and domestic
shipment.
J. O.
Guo. H.
B lobs.
CH URCH ,
Special
J . O. B L O S S & C O .,
COTTON
T h e Short Electric R a il
w ay Com pany.
Cearless,Sinscle Reduction
AND
MERCHANTS,
9 ft W i l l i a m
S tre e t,
M EW Y O R K .
W . D . Rountree & C o .,
COMMISSION MERCHANTS,
COTTON E X C H A N G E B U IL D IN G , N E W
Y O R K , and N O R F O L K , Y A .
COTTON, COFFEE, GRAIN. PROVISIONS AND
STOCKS.
Orders executed In New York, Chisago é Liverpoel
Double Reduction Motors.
SLOW SPIED, MULTIPOLAR RAIL
WAY DYNAMOS.
LINE APPLIANCES FOR COMPLETE
OVERHEAD CONSTRUCTION.
Geo. H . M cFadden & Bro.
COTTO»
CLEVELAND,
O H IO .
H S B O H A III,
P H IL iD E L P H IA i
U T U P O O l OemEEUPOEDEMM,
F R S n S R l C X f f B B f i i * O di.
N ew
Y ork
O H ee,
35
W a ll
S tr e e t.
W a y land T rask & C o .,
B A N K E R S AND B R O IL E R S,
Fifth A venue H otel,
H a d le o n S q u a r e , N E W Y O R K ,
The largest, best-appointed and most liberally
managed hotel in the city, with the most central
and delightful location.
HITCHCOCK, DARLING * CO.
1 8 W a l l S tree t, N e w Y o r k .
Transact a general banking buslnese, including
the purchase and sale on commission o f seouritle
dealt In at the New York Stock Exchange.
Waylan d Trask,
T hxodobk Ba ld w in ,
a l t b b d N. R an k in .
E . D . Shepard & C o .,
M assasoit H o u se ,
S P R IN G F X E L D ,
SUCCESSORS TO
H ASS.
THE BEST-APPOINTED HOUSE IN WESTERN
NEW ENGLAND.
Convenient for the tourist or business man. Near
Union Depot.
W . H . C H A P IN .
A U G . T . P O ST , Banker,
D R .E X E L B U IL D IN G , B R O A D S T ., N. *
'
Cahoone & W escott,
Members New York Stock Bxohange,
18 W A L L S T R E E T .
Government End Investment Bonds.
Sleeks and Bonds Bought and leid eu Oemmlssleu.
State, County and City Bondi.
American Exchange Bank,
ST . LOU IS, MO.
Capital, - 8 3 6 0 ,0 0 0 I Surplus, - 8 3 0 0 ,0 0 9
PETER NICHOLSON, President.
ALVAH MANSUR, Vice-President.
WALKER HILL, Cashier
We send Items 9 LMKT to every banking point in
his State
@FedFRASER