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YOL.
38.
SATURDAY, MAY 2 V 1884.
and
'spare.
NO. 987.
Still it is timely just at present
remember, that it is only those who were .scared,
THE CHRONICLE.
The Financial Situalion
605 I Monetary
and Commercial
then, that are going to make the money now. The
Mr. Corbin and ilic Toledo
| English News
610
Cincinnati & St. Louis
609 I Commercial and Miscellaneous
body of borrowers however took no alarm, failing to dis¬
Token Money in Great Britain 600 |
News
612
tinguish between real capital and the stuff we pay our
THE BANKERS’ GAZETTE.
Quotations of Stocks and Bonds 615 domestic debts with, and were induced by this marvelously
Money Market, Foreign Ex¬
New York Local Securiries
616
change, U.S. Securities, State
Railroad Earnings and Bank
and Railroad Bonds
and
easy condition of the loan market to depend far more than
Stocks
6115
Returns...%
617
usual upon temporary accommodation. Lenders also, in their
Investments,
and
state.
City
at
tho
Range in Prices
N. Y.
and Corporation Finances... 618
Stock Exchange
611 i
eagerness to keep their funds out, took more risk, scrutin¬
THE COMMERCIAL TIMES.
621 I Breadstuff's
626
Commercial Epitome
621 I Dry Goods
Cotton
627 izing less closely the securities accepted. In these ways were
the conditions fostered that made the panic possible. And
yet the currency system that has been so instrumental
The Chronicle.
in producing this disaster still remains a menace to busi¬
The Commercial and Financial Chronicle is 'published in
New York every Saturday morning.
ness, and neither branch of Congress shows the least dispo¬
Entered at the Post Office, New York, N. Y., as second-olass mail matter.! sition to grant relief.
The resistance which the banks could not supply indi¬
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE:
vidually against the destructive forces set in motion on
For One Year (including postage)
$10 20
For Six Months
do
6 10
Wednesday of last week, was secured by the combination
Annual subscription in London (including postage)
£2 7s.
.do
Sixmos.
do
do
£1 8s.
entered into under which they really stand as one corpora¬
These prices include the Investors’ Supplement, issued once in two
A more effective, instrument for staying a panic
months, and furnished without extra charge to subscribers of the tion.
Chronicle.
Subscriptions will be continued until definitely ordered to be stopped. could not be devised, for as an organization it possesses a
The publishers cannot be responsible for remittances unless made by
financial power and stability it would be difficult anywhere
Drafts or Post-Office Money Orders.
A neat tile cover is furnished at 50 cents; postage on the same is 18*
to equal.
cents. Volumes bound for subscribers at $1 00.
Few perhaps understand the severity of theOffices in England.
monetary pressure we have passed through. Published re¬
The office of the Commercial and Financial Chronicle in London
is with Messrs. Edwards & kmitii, 1 Drapers’ Gardens, E. C.. where
ports talk about a per cent for accommodation, as if one
subscriptions and advertisements will be taken at the regular rates,
and single copies of the paper supplied at is. each.
could have obtained any amount at the rate named.
The
The office of the Chronicle in Liverpool is at B 15, Exchange
truth is, for.the greater part of two days it was impossi¬
Buildings.
WILLIAM B. DANA Sc Co., Publishers,
WILLIAM B. DANA.
79 Sc 81 William Street, NEW YOltK.
ble, except through favor, to get money at any price or on
JOHN G. FLOVD.
Post Office Box 958.
any security.
We know a .party who went to fifteen of
our associated banks to borrow on (Governments, offering
THE FINANCIAL
SITUATION.
The improvement of the week has in a certain way been twenty-five per cent margin or more if required, and could
positive, but tho restoration of confidence is making very obtain nothing. This explains a surprising feature of the
slow progress with little promise of any marked change in panic, the serious- fall in Government securities.
To
this particular for some time.
holders
it
was
a
great
'Where distrust is chronic
disappointment, as there never has
and the outgrowth of so many agencies, it is unreasonable been an occasion since 1873 (and then the conditions of
to anticipate a quick recovery.
Especially must this be so the bond supply were so different), when a crisis in values
when almost every day adds to the unsavory disclosures had any appreciable effect on them.
During the serious
and to the list of failures.
But there is an improvement, stock depression in May and June, 18.80, the rise in
and it consists in the better control of the situation the Government bonds was uninterrupted p and since then no
hanks hold and the opportunity that circumstance has disturbance in the Wall Street markets or period ol* close
given houses needing and deserving help to perfect arrange¬ money, has unsettled them in any degree; in fact, during all
ments for carrying their securities.
the stock tribulations of the last eighteen months they have
It was because we possessed such a wretched cur¬ shown that they were outside of that range of influences,
rency system, making money so easy for
so long and yet last week sales were made fully G per cent below
a
time, with a plausible promise up to May 10th the opening prices, solely because money could not bo
of little
change in that particular, that the panic of last borrowed on anything, so that in some cases, where money
Wednesday and Thursday was possible. The public was a necessity, they were pressed for sale.
could not see its coming foreshadowed in the ship¬
This sharp contrast in the condition of the loan market
ments, of gold (the very backbone of our banks which May 10, and May I f, has never before been presented]
cheap money was so largely instrumental in driving The panics of 18.77 and 1873 came when money had been
away from us), for it was many times proclaimed from very stringent, this one after a year of lower rates than
Washington that we had GOG millions of it, an abund¬ ever known before. Such a conjunction could only be
CONTENTS.
ance
to
*
—
to
6(j6
THE
CHRONICLE.
possible in case of a redundant currency and great busi¬
ness inactivity.
A feature arising out of these facts, and
which distinguished the situation, is the line of deposits.
The total so held by the New York Associated Banks on
February 10th was 363£ millions ; this had declined on
April 5th to 344 millions and on the lOtli of this month to
330 millions.
But
the total
about
even
at the latter amount
(330 millions)
[vol. xxxvm,
tion. Another unfavorable influence
was
the
announcement
management of the Reading had determined to
issue scrip running four months, without
interest, to meet
that
the
current
disbursements
for
the
purpose of
cash sufficient to pay forthcoming interest
fall in Reading also affected Central New
other coal
accumulating
charges. The
Jersey and the
properties, and there was a very ragged tone to
day Tuesday and more particularly toward
held at the same date in 1879, and about 130 millions the close when the
peculiar methods adopted by Mr. Sage
more than was held
in settling his stock
May 10, in 1873.
privileges gave color to the rumor that
We are accustomed to such large figures that these he had, in street
parlance, “laid down” upon his contracts.
differences may not impress the reader as they should. But There was a further fall in the coal shares on
Wednesday,
they show how under a redundant currency fictitious but one feature was a manipulated advance during the
balances were carried, how they began to' waste away middle of the
day which simply served to make a market
under a loss of gold, and yet, after they had thus con¬ on which to unload Union
Pacific, tins stock not only
tracted, the total was still over a third larger than in May, being affected
by the loss in earnings in April but by a
1879.
Furthermore, these latter figures mean unusual report from Omaha via Boston that Messrs. Adams and
interior bank deposits liable to be called at
any moment, Ames had found the condition of the company’s affairs
and a corresponding inflation of loans.
Tt is probably much worse than was expected. This fall in Union
not desirable at present to
carry these suggestions further. Pacific continued to be the feature the following day and
All we need to know is that the movements set in motion it had more or less of an
unsettling effect until near the
by the failure of the Metropolitan Bank were happily close when --there was a denial of the statement said to
arrested in time.
But do not these facts prove so
plainly have.come from Messrs. Adams and Ames, and a recovery
that the wayfaring man, though a fool, need not err therein, in the whole list.
Yesterday the coal shares were again
that no interest is benefited, but every interest is
imperilled weak, more particularly Delaware Lackawanna A Western
and injured by a vicious, inflated
and Central New
currency.
Jersey, and Chicago A Northwest also
The disturbing influences of most prominence this week sustained a
large fall, in which the general market shared
more
or
less.
In the afternoon a decline in Erie 2d
(outside of Wall Street, which we shall notice later on)
have been connected with bank failures
consols,
on
(of which there
report that the directors had decided to pass
have been several, but with one or two exceptions, of small the June
interest, was a feature, and this tended to
increase
the
demoralization prevailing.
importance), and rumors of weakness in other banks
Stocks now have certainly reached
throughout the country. These rumors were without real
very low figures.
foundation, but in some cases they had an air of plausibil¬ Even on the basis of a receivership, those that are believed
ity that gave them currency, especially as now a story needs to be in danger of such an end are pretty well down. We
little more than to be unfavorable to recommend it.
The are obviously nearing the point where prices must show
most serious event was the
closing of one of tin? Pittsburg some recovery, for railroad property in this country still lias
banks, as it gave opportunity to circulate the report that a value. Looking at earnings, we have a very encouraging
through the collapse of the oil speculation, not only the feature. There are gains in many quarters where a heavy
Pittsburg banks were crippled, but tin; Philadelphia banks decrease had been looked for. Northwestern roads partic¬
too.
A sharp fall in
Beading and Jersey Central stocks ularly make a very good exhibit. The Milwaukee A St.
for a time was used in the same connection because of the Paul
last; year had swelled its receipts during the first two
large holdings of these properties in the latter city. Boston weeks of May no less than 8208,000. so it was expected a
financial institutions also, came in for a share of distrust? material
falling off would occur in the present year, but
as
they are supposed to be carrying a large aggregate of rail¬ actually the decline for the two weeks is only 832,000.
road securities which have
seriously declined. We men¬ The Chicago A Northwestern last year recorded a
tion these rumors as incidents of the
week, knowing that decrease of $3,000. but this year affords an im¬
there is nothing in them to cause solicitude.
Even the provement of over $38,000. and the'. St. Paul A Omaha,
Pittsburg bank .opened its doors again yesterday, its which in 1883 gained
$28,000. this year gains
trouble having arisen out of the distrustful attitude of the $29,000 in addition.
The Burlington Cedar Rapids &
public mind and not from insolvency. It is no sur¬ Northern also adds about $5,000 to its increase of 811.000 in
prise after the astounding disclosures that have been made the two weeks of May, 1883. The St. Paul & Duluth falls
in this city that evil reports should find
somewhat behind, but the Northern Pacific continues to
quick belief.
Another class of rumors and
developments which have roll up very large gains, the increase for the two- weeks
affected Wall Street values
unfavorably this week, are being 8258,000. on earnings of $380,000 in 1883. In the
those connected with the railroads themselves.
Kirst, and Southwest, the St. Louis A San Francisco, which last
perhaps most prominent among these, was the evidence year had an augmentation of $21,000, this year has a
connecting the Treasurer of Erie with the transactions of further augmentation of $23,000, while from the South the
Grant A Ward.
Another was the Louisville & Nashville, exhibits are
also-quite encouraging. Not to speak of such
and the reported use made
by Mr. Baldwin, its President roads as the Gulf Colorado A Santa Fe, the Norfolk &
of a portion of its securities.
As Mr. Baldwin resigned Western, and the Florida Railway A Navigation, we have
his trust, and as an admission of some
Louisville A
wrong doing was the returns of the
Nashville, record¬
published by the directors, though the loss incurred was ing a gain of $41,000,'besides the gain of $4 4,000 recorded
stated to have been paid back, the worst was believed, and in the same two weeks last
year.
The exception to. the
the stock fell accordingly, the whole affair
having a’very general rule of increase is found in the roads traversing
demoralizing effect on the general market. The view which the Sta4.es of' Ohio. Indiana, and Illinois, where the yield of
was taken of this latter ease
by the public would probab-lv the crops last season was not heavy, and where moreover
not have prevailed
without more evidence were it competition is very active, and it is also believed that the
not
for
the epidemic of
corporate mismanagement great trunk lines east from Chicago are not doing well, but
which is now so prominent a feature of the ‘situa¬ as to these latter it should not be
forgotten there is- great
was
105 millions
-more
than the amount
the market all
r
.
-
May
607
CHRONICLE.
THE
24 l»b4.j
Exchange, therefore the rates have
fallen to nominal quotations of from 1 to 2 per cent per
offset to a loss of business.
We have already noticed annum. But outside
the precincts of the Exchange, we
the increased economy practiced on the Pennsylvania, but
find money loaning on demand at from 2-J- per cent
the figures of the Grand’Trunk of Canada, issued this
on Government bonds to 4 and 5 per cent on good mixed
week, offer evidence to the same effect. The statement
collateral ; on time, however, probably very few loans are
covers the first quarter of the year, and shows that while
made below 6 per cent.
The situation'of the money mar¬
gross receipts have suffered a diminution of £72,767 ket is rendered somewhat anomalous
by the Clearing-House
(about $360,000), it has been possible at the same time to loan certificates. A resort to them will of course he con¬
reduce expenses £60,192 ($300,000), leaving the loss fin
tinued only so long as there remains an absolute necessity
net no more than £12,575.
for the same.
The rates of exchange "at interior points
Northern Pacific has issued some figures of earnings and
continue to rule against this city, and this accounts for the
expenses this week, showing a further steady improve¬
continued large movement of funds out of the hanks.
ment!
They cover January, February, and March, and
The following statement, made up from returns collected
though the conditions are never favorable to large receipts
during the winter months, and were less so than usual in by us, exhibits the week’s receipts and shipments of gold
for a
would act as an offerings
reduction in expenses, which
at the Stock
and currency bv the New
York banks.
in each case an improvement
j
Net Interior
Received by
Shipped by
Week Ending May 23. 1884.
over the corresponding period a year ago.
Gross earnings
Movement.
N.T. Banks. JY.1\ Banks.
increased $255,000 in January, $192,000 in' February,
$1,030,000
$2,278,000
Curreucv
$1,242,000
.]'
Loss. 1,290,000
J
50/00
1,840,000
and $415,000 in March.
The' severe winter weather Gold
Loss.$2,326,000
$3,618,000
Total gold and legal tenders.... .j $1,292,000
added large]v to expenses, so during the first two months
Includes $780,000 transferred in the shape of silver certificates,
the gain over the small net earnings of 1S83 was not
by a deposit of gold In the Sub-Treasury.
heavy, the total net for January and February being
The above shows the actual changes in the bank holdings
$193,026 in 1 sg t and $1.33,617 in 1SS.3, but, for March a of
gold and currency caused by this movement to and from
very decided improvement, took place; the net for the
the interior.
In addition to that movement, the hanks
month being as much as S 1.30,677, against only $82,163.
have gained $1,000.0(10 through the operations of the Subin 188.3.
For April a still better exhibit may be looked
Treasury. Adding that item, therefore, to tlie above, we
for. since the gross earnings them reached tin* large aggre¬
have the following, which should indicate the total loss to
gate of $1.4:18,600. against but $665,50!) in 1883, and of the N. Y. (hearing House hanks of gold and currency for
course this gives promise of a corresponding gain in net
the week covered by the bank statement to be issued towhen the latter are made
present winter, we have
the
■
1
Loss
*
-.
*
•
■
.
Below is
up.
gross
nine
comparison
on
dav.
and net. for January, February, and March, and for tin1
months of the company's fiscal year, in 188 1 and 1883.
Fibruar y.
January.
Gross earnings
•Expenses
Net.
*
a
1884.
I
1883.
$
\
*
1881
*
|
| ISs;}.
|
*
March.
1881.
f
1883.
July 1 to April 1.
1S81.
*’!*!.*
1883.
Including taxes and rentals.
during these months was
$316,041 in January, $341,741 in February, and $331,231
in March, so only in the latter month were the earnings
sufficient to take care of it.
But it is always expected that
in the winter, when traffic is light, there will be some fall¬
ing behind, and any deficiency can be made good in the
remaining months. The figures for the nine months of the
company’s fiscal year arc more useful to this end. We find
that, net in this period reached $3,230,77 1.
Mr. Oakes,
the Vice-President, in a carefully prepared statement early
in January, estimated the call for interest during the cur.
rent fiscal
year at $3,882,31 1, which is only about $650,000 more than the actual net here given for the nine
months, with the three best months yet to come in. From
the large gross for April, it would seem that the net for
the ten months will come very close to meeting the charges
for the twelve months in full, leaving the May and Juno
net as
surplus to carry forward on the year's operations.
An important feature of the situation is the changed
condition of our money market.
Apparently we have
passed from an absolute deadlock in money last week to
an abnormal
glut represented by ,a daily rate as low fis 1
per cent per annum.
But the present reported rate does
not represent the true condition of
the market, d’n.
doubtedly there has been a gradual relaxation. This is
partly due to the fact that commission houses have not
been borrowing monev because tliev have been selling
*57
stocks.
Those buyers of these properties who have been
simply trading in the market have carried their load until
the next day, and then distributed it, and the daily
demand for money has not been sufficient to absorb the
O
accrued
^
«
$1,292,000
j
1,000,000
j
$2,292,000
i
•
Change in
jOut of Banks \ ^et
Bank Holdings.
$3,618,000
!
13.618,000
i
hoes.$2,326,900
|
Gain. 1,000.000
Loss.*1,320,900
Exchange has not fully recovered from the demoraliza¬
tion caused by last week’s panic, atlhough it is unsettled in
less degree.
a
An attempt was made, on Monday to
restore rates one cent per pound sterling, but the demand
j497.023 272,709 444,138 280,757 542,279;4S1 .740 5.500,359 3,009,314
! 117,080' H>.2'0 75,940 47 401 430,077 82,103'3,230,77411,900,131
which
Banks’ Interior Movement, as above:
Total gold and legal tenders
£
Into Banks,
188-1.'
Sub-Treas. operations
.‘014,103 358,985 520,081 328,158 9:8,950 503,903 8,731,133 5,575,445
The interest
!
I
Week Ending May 23
insignificant and the offerings so liberal, that
there was an
immediate reaction. Since then
not
only the posted rates but those for actual business have
been entirely nominal.
The ability of bankers to employ
funds bore at from 5 to 6 per cent on what they regard
good security, has induced somewhat liberal drawing of
bills against balances abroad which can there earn scarcely
2 per cent on call. Some speculative drafts have been made
in the expectation of covering with cotton and breadstuffs
later in the season, and thn operations of the arbitrage
brokers last week made a supply of bills which has not yet
absorbed.
$ome securities are going out, but
been
tliev
are
chiefly- those for which bankers have
standing orders, and the recent' decline in them has
enabled these commissions to be executed.
From these
various sources the offerings have been about equal to the
customary demand and any urgency in the supply, arising
out of the temporary‘necessities of the drawers or holders
of the bills, has 'caused sales below the quoted rates.As
to the immediate future of the market, opinions differ.
A
was
so
naturally
an upward
cause
reaction, but as this seems at present
improbable the future is very uncertain.
The following shows relative prices of leading bonds
return to
the normal
condition of money would
and stocks in London and New
|
i
.
York at tin* opening each
The decline in government bonds and in some of the
attributed, by the cables, to reali¬
zations in the London market, but it has doubtless been
aided to a great extent by the disclosures of corporate
mismanagement made during the wtvk.
day.
railroad stocks lias been
60S
THE CHRONICLE.
May 19.
Lnnd'n
May 20.
N.Y.
Lond’n
May2\.
n. r.
Lond’n
May 22.
N.Y.
Lond’h
May 23.
N.Y*
Lond’r. N.Y.
prices* price/.. prices.* price/. prices.* prices. prices.*
prices. prices.* prices.
U.S.4s,c. 11809
U.S.4%3. 11028*
Erie
120 >4
112
1(5-31
12077
121
119-80
11103*
113
110-54*
2 1 con.
os-o?
Ili. Cent.
124-31
ie%
67 %
12314
N. Y. C..
lll'DO
U2y,
Reading
10-22-1
32}4
15-82'-
St. Paul.
7222
72
71*71
Can.Pac.
47-33
40 H
40-02
15-70
120
112%
03-31
14%
62
122-48
123
122-23
122
122-96
123
122 90
122
10982
111
1055-33
no >4
1 9-57
111
10J-57
31
15-10+
110%
25%
30
Ont. W’n
14-851-
28%
10
7\%
4(5%
6915
68%
45 H
40-20
13-03+
9b>
69-39
6S%
69-52
4038
45
4C*75
os%
"
Exch’ge,
cables.
*
1
4-88
4*57
Expressed in their
Reading
4-87
New York
Bloomington & Western
into
trunk system
of
a
larger proportions, and his determination to turn to
advan¬
tage the approaching disintegration of the Toledo
Cincin¬
nati & St. Louis road.
'
1497
15%
dm
65-99
120% 119-31
120 }4
11980
112% 110 06* 112% 110-51*
15-22
14%
15
14 73
6.T79
62%
03
63-79
Indiana
fvoL. xxxvm.
4-87
4-8 7
The Toledo Cincinnati & St. Louis
system is one of the
projects undertaken in the u flush ,v times of 1880-1.
It
has lines from Toledo to St. Louis and from
Toledo
to
cinnati,
to
was
well
as
be
as some
branches—one
the
Cin¬
fronton, Ohio. It
grandest narrow-gauge enterprise on the
continent, and much faith was entertained by Boston
people
to its ultimate success.
as
equivalent,
basis of $50, par value.
to
The
undertaking proved
more
costly than expected, quite considerable sums of
money
Government bonds have been heavy this
week, partly having been absorbed by it. As each new outlay
only
because of lower prices from
London, but mainly for the made apparent the necessity for still further
outlays,
reason that there is now less
prospect of the passage by much difficulty was experienced in securing the funds with
Congress of the McPherson bill, which enables banks to which to carry on the work, but in the hope that as soon as
take out circulation
equal to within 10 per cent of the the road was fairly in operation its entire length, the results
market value of the bonds held or
bought as security. would prove satisfactory, enough money was finally obtained
The liquidation bv some of the firms who failed
having on to complete the line. The St. Louis extension has been open
hand
comparatively large amounts of Government bonds, now for about a year, but the road is doing as
poorly as
may
on
\ Ex-interest.
also have aided the decline.
At the moment there is
a
and the entire system has for some time been
in
ceiver’s hands.
The fact of its
being narrow
ever,
re¬
comparatively light demand, and this chiefly from small
gauge, which
investors, and therefore insufficient to absorb the offerings. was to be its chief advantage, is now declared to be
its
The Bank of England return for the week shows a loss of chief fault.
A committee
appointed by the bondholders,
£920,000 bullion. This represents £5,000 received from which included some competent
experts we are told, re¬
abroad and £925,000 sent to the interior.
The Bank of ported a short time ago
unanimously that the only salva¬
France shows a gain of
3,081,'000 francs gold and of tion for the road lay in making it broad gauge, and all
4,001,000 francs silver, and the Bank of Germany, since efforts at present appear to be directed to that
end. Of
the last report,
gained 9,254,000 marks. The following course, the change cannot be effected without additional
indicates the amount of bullion in the
principal European money, and this it is proposed to raise by issuing anew
banks this week and at the
corresponding date last year. first mortgage, giving the present bondholders a subse¬
Mai/ 22, 1884.
Bank of England
Gold.
Silver.
Gold.
Silver.
£
£
£
£
24,033.001
20,130,894
41,272,2 45 40.391,403 40,491,422 12,007,277
7,778.250 23,335,7501 7,983,509 23,905,500
Bank of France
Bank of Germany
Total this week
Total previous week
May 24, 1883.
73,054,450 03,727,153: 08,010,810 05,972,777
..
..
73.705,710 03,219,493 08 048.212 05.430.430
The
Assay Office paid $90,112 through the Sub-Treas
ury for domestic bullion during the week, and the Assistant
Treasurer received the
following from the Custom HouseConsisting of—
Date.
quent lien
the line
U. S.
Gold
Silver Cer-
Notes.
Ccrtijic’s.
hjieules.
else stock.
between
however,
tem,
The bonds
cover
This relates
more
Toledo and St. Louis.
is
particularly
to
The whole sys¬
in
the same unsatisfactory state.
different pieces and divisions, and each
is
being reorganized separately. There is the Dayton k
Division, the fronton Division, the Cincinnati
Northern Division, the Toledo &
Delphos Division, and the
Southeastern
Louis
Sr.
Corbin
Division.
is anxious to
It
is
secure
this latter division
by
an. arrangement
that Mr.
with its
bondholders.
The Indiana
gone
Duties.
or
ment.
Bloomington & Western has already under¬
considerable enlargement under Mr. Corbin’s manage¬
When
it-passed into his control it consisted merely
Indianapolis. Ind., and Peoria, Ill. Then
May 10...
$238,211 72
$12,000 $35,000
$99,00 ?
$02,000 the Cincinnati
17..
Sandusky & Cleveland, (from ’Sandusky
209.070 02
10,090
2 3.000
1.51,000
71,0'J"
19...
309 330 22
to
28,000
00,000
Springfield and Columbus, Ohio), was acquired atone
199.000
112,000
20...
427,305 52
32,000
54,000
239,000
103,000
end,
and the Indianapolis Decatur Ik
21
Springfield', (from
298,506 38
15,000
53,000
133,00 >
97.000
338,489 02
19,000
Indianapolis to Decatur), at the other. In 1882 the two
40,000
170.000
97,000
ends were joined by
Total
$1,971,588 48
$122,000 $270,Ort<‘ 1,000,000
building a connecting link of 140
$572.0' 0
miles from Springfield, ()., to
Indianapolis, and the system
now extends from Lake Erie'to
Springfield, Columbus, In¬
MB. COR BIB AMD THE TOLEDO
CINCINNATI dianapolis, Peoria and Decatur. Prom Decatur it has been
c6 S7\ LOUIS.
proposed to build a line to St. Louis, but that will be obviated
Though railroad securities keep depreciating in market if the St. Louis division of the
Toledo. Cincinnati & St.
value, and though the present time is not considered Louis can be secured.
This latter division
(beginning at
auspicious for holding any kind of railroad property, it is Kokomo,
Ind.)
crosses
the
Indiana
Bloomington
k
evident that there are some who still-have faith in
mil- Western at
Metcalf, Ill., so that the piece between Met¬
roads, when properly conducted, and who by no means calf and Decatur would not form
part of the through line
fear that they will hereafter
always prove losing ventures. to St. Louis; but at any rate the
Bloomington & Western
It is also evident
that, despite the poor success attend-" would get a very direct route to-the lat ter
city, an outlet
ing so many late enterprises for the-formation and per¬ to which it has been
seeking for some time. It would
fection of new trunk
systems in various parts of the then have a line all the
way from the lakes to the Mississ¬
country, all the promoters of such undertakings have not
ippi River, and practically also a line to Hie Ohio .River,
yet become discouraged, and there are those not unwilling
opposite West Virginia, since the Ohio Southern, connect¬
to put more
money in like ventures in the certain hope ing with the
Bloomington & Western at Springfield, is
that the growth and
development of the country will operated by the same parties. It should be
said, too, that
justify their existence. In illustration of this, we have the Danville
Olney
&
Ohio
River,
a bankrupt road in
the efforts which Mr. .Austin Corbin is
making to raise the Illinois running from Danville to Olney, is being reorganGold.
“
“
“
“
a
09
..
of
a
line between
BfA*
"Sinn the interest of Mr- Corbin, and tliis may prove
of'benefit to the Bloomington & Western as a local
feeder.
discussion as to the value of
guarantee that the Bloomington & Western may be
disposed to give, so it will be interesting to see 'just what
the earning capacity of the system is.
The guarantee,
according to .Mr. Corbin, would be in the form of a lease
or' traffic arrangement, by which the' company agreed to
pay enough at least to meet the interest on the new first
It would probably be much
mortgage bonds to be issued.
the same as the leases of the Indianapolis Decatur & Springfield and the Cincinnati Sandusky & Cleveland, the former
being leased for 30 per cent, of earnings with $200,000 as
minimum, and the latter for 331 per cent with $300,000
as a minimum. The company's own charges for interest,aside
There appears
'
to be some
a
from
this call for rentals, are not very
heavy, but have not
their maximum. Some of the bonds which bore
cent interest last year bear 5 per cent now, and will
eventually bear G per cent. There are five-millions of
these, which, at one per cent additional, would increase
the requirement for interest $50,000.
But as the bonds
did not begin do bear five per cent till the 1st of April,
yet reached
4 per
609
THE CHRONICLE.
24,1884.]
earnings ought to im¬
prove anyway—perhaps in amount sufficient to take care
of the $130,000 interest which would be
assumed.
The
advantages to accrue to the Cincinnati &
St. Louis
bondholders from an
arrangement with
the
Bloomington & Western consist' in the fact
that Mr. Corbin agrees to take care of the reorganization
expenses, and
also the placing of the new mort¬
gage bonds which are to provide the money for the
Mr. Corbin says
necessary improvements in the division.
that his people “can place the mortgage without any sort
of difficulty whatever.” This is certainly a very important
feature, for it being admitted on all sides that a new mort¬
gage is a necessity, it is essential to the success of any
scheme that no difficulty be encountered in floating the
bonds.
The promoters of the enterprise, relying upon
their own efforts, might not be so fortunate in the matter
as the Corbin party.
As concerns the guarantee of interest
on the bonds, if the Bloomington
& Western should be
unable to meet it—and it should always he remembered
that the management could no doubt carry the company
a
line of its
own
to
St. Louis, its
-
period of adverse circumstances—the
bondholders will have lost nothing, since they will merely
have to fall back on their own resources, which they would
1884, the company will in the present year have to meet
have to do anyway without the guarantee.only one semi-annual coupon—that of October next—at
over
any
temporary
higher rate. So the increase over 1883 on this account
TOKEN MONEY IN GREAT BRITAIN
will be only $25,000.
Against this, the company had a
The proposition of Mr. Childers, the British Chancellor
surplus on the operations of 1883 of $13,228. The gross
earnings then were $3,022,306, and the net, above expenses of the Exchequer, to re-coiu the gold half-sovereigns,
and taxes, $1,030,510.
Out of the net was paid $560,104 putting into each of them only nine shillings’ worth of
The news¬
for rentals, $433,375 for interest, and $20,752 for miscek gold, lias raised a great storm in England.
laneous items, which left the surplus, as stated, $13,228. papers print communications by the score oil the subject.
In 1882, when the company had a much smaller charge to Some of those who venture into print in opposition to the
measure declaim in the most frantic manner against it,
meet, but before its middle division was fully in operation,
while others are evidently deeply wounded in their
there was a deficit of $43,314.
That the act should be unpopular is the most
As to the amount of the proposed guarantee, it will sensibilities.
natural thing in the world.
But the arguments with which
evidently be a smaller item than the rental of either of
amateur
objectors contend against the debasement of the
the other two leased roads.
We do not understand that
Mr. Corbin proposes to extend the guarantee to any other coinage” do not seem weighty.
For example, most of them refer to the fact that coun¬
division than the St. Louis.
He is anxious to have the
committee for that and the Delphos division (these two terfeiters might make a profit by striking new ten-shilling
divisions together making up the line between St. Louis pieces containing as much gold as those which the Govern¬
and Toledo) act in harmony, and this obviously for the ment proposes to mint, and put them in circulation. But it
is wholly forgotten, in dwelling upon this danger, that the
reason that if the guage of the Delphos division is changed?
the traffic from Toledo may be thrown over the St. Louis silver coins now current in England are based upon a rela¬
division in addition to that which lie will throw over it tion of 1 gold to 14-151 (nearly) silver, even when those
from Sandusky, hut for his own system he seems to want coins are new, and that counterfeiters might derive an
merely the St* Louis section. Now, it is estimated both enormous profit to-day from furnishing silver half-crowns,
by Mr. Corbin and the bondholders that this St. Louis florins, shillings and sixpences worth intrinsically more
The danger of being flooded
division can he changed to broad guage, and all other than those in circulation.
with bogus money, as good nevertheless as that issued from
necessary improvements made, for $8,000 per mile, which,
on the whole 268 miles, would
call for an outlay of about the mint, is therefore one that exists already. Other
$2,150,000. Assuming that bonds for this amount could writers fancy that Englishmen traveling abroad will lose
be placed at 6 per cent, the yearly interest would be about money by being subjected to a discount on their half$130,000, and this is the charge the Bloomington & West¬ sovereigns; but they will not, if they refrain from taking
token money with them when they leave home.
ern would assume.
Lord
As to the small surplus which the Bloomington & West¬ Randolph Churchill thinks the measure will reduce wages
ern had last
year, it should he said that the conditions then by ten per cent; but no one who understands the laws of
were not very favorable, and this year thus far have been
money will agree with him.. In point of fact there is but
one element of novelty in the proposition of the Chancellor
even worse, so that for the period from January 1 to the end
of the second week of May gross earnings have fallen about of the -Exchequer, and that is a very slight one.
It is
$123,500 behind. Almost all the roads in that section simply this : that, for the first time, it is proposed to coin
have done, poorly of late.
One reason is that competition token money in gold. The principle of token money in
is very intense, but a more potent cause, no doubt, is the base metal has been familiar to Englishmen since the reign
indifferent yield of the crops. For several successive years of Elizabeth, and copper coins have been made by royal
farmers have fared badly, and it is clear therefore that if authority ever since 1613, the eleventh year of James I.
the region should be favored with one or two excellent It was first extended to silver money in 1816, and was
harvests, a marked improvement in the 'earnings of the applied at once to all the silver coins. Should Mr. Childers’
Bloomington & Western might take place. Besides, with plan be carried out, there would he left but one denominathe
610
THE
CHRONICLE.
tion of
coin, the sovereign,, of full weight and full legal
This is all there is in the
proposition, and
theoretically there can he no objection to it after the
country has adapted itself to the new system.
Just here, however, comes' in that element of habit
which is the one thing economists are most
apt to neglect
in their speculations.
The habit of the British people is
to
regard their money standard as inviolable. They have
forgotten the scores of changes which, beginning in the
time of Edward I., debased the silver
money until, in the
year 1600,' sixty-two shillings were cut out of the Troy
pound that originally yielded but twenty shillings; and
the permanent degradation of
silver to the position of
subsidiary money in 1816. They have also forgotten that
the Troy pound of
gold which yielded only £15 in the
time of Edward IIT., was made
by successive changes, the
last of which took place in
1717, to yield £46 14s. 6d., the
present amount.
The era of debasement has passed, and
Englishmen know that their gold money has been of one
standard and of one nominal value for
nearly a century
nd three quarters.
of
see
Most
them will
no reason
why
should be altered now.
Should Mr. Childers carry
his
bill through Parliament the new coins are almost certain
tender.
.
be
to
discredited from -the
beginning, and the public
obstinacy and persistence in preferring the old way to the
new, may bring about all the" evils which the objectors
now foresee,
none of which would necessarily happen if
the people were all
intelligent and reasonable. Not the
sensible objections which some financiers make to the
proposition, but the popular opposition, will defeat the
measure
if it be defeated at all.
Another
objection which we have not seen mentioned in
any English newspaper is that the change is
substantially
a
piece of jugglery by which the people are made to pay
the expense of
re-coinage without an apparent addition to
the expenditure. Mr. Childers estimates that the
£20,000,000 in'
half-sovereigns is now light to the amount of £420,000; and that the £00,000,000 in sovereigns is light,—or will
be before the re-coinage
is completed,—to the amount of
£830,000. The cost of re-coinage and contingencies bring
up the total expense of making all the gold coins
good,
and of full weight, to
£1,170,000,—less than six million
dollars.
Now
if
the
Government is
to
get
a
profit of
£2,500,000 by clipping the half-sovereigns, it is to get that
profit indirectly out of the people, who would pay the cost
of re-coinage directly were the Government to
propose
defraying that cost wholly out of the exchequer. So that,
in order to save an amount of six million
dollars, distrib¬
uted
over
degrade
a
twenty years, the British cabinet proposes to
respected coin, but at the same time to make
the
■
[Vol. XXXVIIL
that
is, how freely the coin may in that way
flowintolhe
exchequer and be redeemed; but, apparently, there is
intention
no
of
keeping out more than the country can
absorb.
It is scarcely
necessary to add that any excess or
redundancy would be disturbing.
When the half-sovereign has been
“degraded,” it will
necessarily take its place among other token coins, and will
subjected to the same laws as other over-valued
money
That is to say, it will not be
capable of. use in any
be
transactions.
At present a
shop-keeper in London
large
has
no
preference, in receiving payment of a bill, between five*
sovereigns and ten half-sovereigns. But after the
change
has been made he will
naturally and inevitably prefer one
sovereign to two half-sovereigns. It will be the same all
through the country. Men will object to receiving the
new coins
except as change. And the same disposition to
regard the over-valued coin with suspicion will lead the
receivers of them to make all speed to
get rid of them.
Consequently a smaller number than are now used can be
put in circulation, first, because so many
half-sovereigns as
are now
accepted will not be accepted in any single trans¬
action when the intrinsic value has been
reduced, and,
second, because the new coins will circulate much more
rapidly than the old. Mr. Childers apparently reckons
upon deriving a profit from the whole £20,000,000 in halfsovereigns now current. That implies that he expects to
! re-coin and put in circulation the whole amount.
But that
would not be possible even in a
community so long suffering in currency matters as are the people of this country,
as is shown
by the unalterable objection to the silver dollar
which is a full legal tender.
In Great- Britain it seems to
be-wholly out of the question.
pXouetarai©crmmerctal gugltslx i%ms
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXCHANGE AT
LONDON—May 9.
EXCHANGE ON LONDON.
|
•
r
On—
Time.
Amsterdam
Amsterdam
11109.
it
Hamburg...
Berlin
Ll
Frankfort..
a
Vienna
44
.
Rate.
Short. L2 P8
3
.
2)12-4
23-59
2060
20*60
12*2 %
3
20-63
!
2)20-64
@20-64
i
312-3*4
2541 *4 5-25-4 6 *4
Antwerp....
Paris
25-18%, 2'25-23V
Paris
(’lieelis 25 37*2/»25"42 *e!
41
3 mos.
Petersb’g
44
Genoa
Madrid
Cadiz
Lisbon
Alexandria..
n
44
44
2H1«®»4131« |
L®25’47 **>
25’42
4(i*2®46ss
52i10®523l6
Calcutta..
Hong Kontr.
1201h
May
Short.
20 32
20-41
20-42
12-15
25-22
25 10*fi
25-22
May
May
May
May
May
May
Is. 7%d.
Is. ’. »4-l.
4
8
44
8
4
8
44
8
8 Checks
8 3 mos.
4
4
44
8
May
j May
May
9
4»
9
<<
| May
....
New York... On deni
Bombay.. . 00 d’vs
Short.
Q
i
......
Constant’pie
8
8
46ki 3 46
Rate.
May
J May
44
St.
Time
Date.
®12--*a
123*2
Latest
May
May
! May
1 May
i
May
24hfi
3
mos.
47-50
8f 3
mos.
52*5ie
«
9
Cah'es.
9
4 4
9
44
8
4 mos.
907e
110 IS
4-89*2
Is. 778<i.
18. 72732<L
3s. **4<t.
Shanghai
8
people pay the cost indirectly.
os. l^d.
:
But, supposing the law passed and put into operation,
1 From our own correspondent. J
the question then arises as to the amount of
this token
London, Saturday, May 10, 1884.
money the people would absorb.
The failure of the Oriental Bank
On that point the
Corporation, and the
experience in this country gives a fair opportunity for a almost complete cessation of the shipments of gold from New
study of the possibilities and of'what is impracticable- York, have caused the money market to present a somewhat
firmer
and, although the supply of bills in the
That there is a limit
beyond which, with free redemp¬ discountappearance,
market is still small, the rate for three months’ bank
tion, the issues cannot be kept out, does not need hills has advanced to
15£ per cent. To some extent the slight
asserting.
Thus, in the United’ States an. excessive rise which has taken place has been due to
precautionary
coinage of subsidiary money, and an excessive absorp¬ measures : but, although we are still in the slack period of the
tion of such money in the circulation, has been
followed by season, it is thought by many that the value of money will
a return of so much as was
redundant to the vaults of the continue to improve. This, however, is very probably a
premature thought, as we have yet to pass through that period
Treasury, where a stock of twenty millions or thereabouts of
the year when anxiety is felt with
regard to the growing
has long been
awaiting the revival of a demand for it. crops. At the present time
..
44
l
We notice Mr. Childers states that his
every crop
promises favorable re¬
plan contemplates sults, not only in this country, but abroad. It is difficult,
arrangements to be made with the Bank of
England for however, at comparatively so early a period to calculate upon
the receipt from bankers of redundant
when they are obviously not procurable ; but the day
half-sovereigns, the results,
is
not
very remote when some definite opinion can be formed,
same as redundant silver is now
received there, .We do
and until it arrives active business will be
kept in check. The
not know how effectual is the
working- of that system—
Oriental Bank failure and. the difficulties which have arisen
THE CHRONICLE.
1884.J
Mat 24,
York, besides failures which are taking place in
Glasgow, cause merchants to reflect, and fresh business is in
consequence impeded.
ia New
early part of the week the rate of discount for three
months’ bank bills was
per cent, but to-day it is 15£ per
cent. Floating money has been easy at 1}£ per cent. The
Bank of England return shows but few changes.. The propor¬
tion of reserve to liabilities has declined from 48*09 to 47*76 per
cent, contrasting with 33*41 per cent last year. The suspen¬
sion of the Oriental Bank has at this writing produced no
serious commotion, for, although there is a diminution of
£136,476 in the reserve, it is smaller than is expected at this
The movements in bullion
To and
Great Britain's
Imports in April..
Imports in 4 mos..
Exports in April..
Exports in 4 mos..
Imports in April..
Imports in 4 mos..
Exports In April..
Exports in 4 mos..
shine.
Interest allowed
for deposits by
%
,
Bank Bills.
Trade Bills.
London' -*
Three
Apr. 4 3% 2 &
'*»
ii, 2m, 2%®
“
is
25
May
“
2
-
@
-
2H&
Three
i
Six
Four
-|i%®
—
@2}*'ZX&2K
i%® -;i%®
-
im®2m 2
1%
2H&3H
1%
2m®3
1%
®2%2%@3
1%
1%
®2m'i^®2.m2 ®2%‘2%@3
-
7 to 14
Days.
1% iH-vx
1% m-m
1%
-
2 @2H 2
-
-
At
Stock
Banks. Call.
Months Months Months
-'2%® 2%!2H®2M'2X®2h'2M@2M'2^03^
2m 1%® -US®
i%®
2m
2 2m
9 2m
Six
Four
Months':Months
Months
“
Disc't TTses
.Taint
1% IH-IH
1
lli-l'A
1
1%-1%
1
The
following return shows the present position of the
England, the Bank rate of discount, the price of
consols, the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair 2d quality,
and the Clearing House return for the past week, compared
with previous vears :
Bank of
1384.
18-3.
£
Circulation
1882.
£
25,886,820
7.668,2 44
23,8:7,079
Public deposits
Other deposits
Governm’t securities. 12,039.977
Other securities
21,472.002
Res’veof notes & coin 15,189,111
Coin and bullion in
both departments.. 25,325,961
23,282,477
14,334,917
23,309,729
20,*73,3 10
10.307,183
12,410,580
20,099,520
0,439,910
25.072,035
23,751,333
13.471,213
20,549,208
15,789.890
18,318.528
15,270.000
22,905 339
*26.220,126
Proportion of
reserve
to liabilities
33-11
1776
42*75
Bank rate
4 p. c.
3 p. c.
282 p. c.
Consols
101
102
10178
Ene. wheat, av. price
37s. 4d.
42s. lOd.
47s. 2d.
Mia. Upland cotton
5 VI.
(Fed.
6 VL
No. 40 mule twist
9;iid.
97sd.
1034(1.
Clearing House ret’u.: 113,538,000 105,120.000 102,589,000
2k) p. c
9d
534,1
9*4(1
100.982,00c
The Bank rate of discount and open market rates at the
chief Continental cities now and for the previous three weeks
have been as follows:
May S.
of
Interest at
Paris
Berlin
".
Frankfort
Amsterdam
Brussels
Madrid
Vienna
Rate.
!
3
|
4
|.
—
Bank
Open
Bank
Market
Rate.
Market
Rate.
i
.
■
m
3
2%
3
2%
4
3
4
3
j
|
3
Open
Market
3%
3%
3%
3
2%
3
5
5
5
5
3%
5H
3
—
—
3
—
!
4
1
3H
4
37s
4
St. Petersburg.. !
6
!
6
6
6
6
Bank
Rate.
Open
Market
3
2%
4
3
3%
—
3
—
3%
.
3
3%
m
5
5
4
are
reported
as
May H.
follows:
i
Bar gold. fine....nz.
Bar gold, container
*20 dwts. silver..oz.
d.
s.
77
9
s.
d.
77
9
May 8.
10%
73
9%
73
76
!8%
grs.
goId..oz.
;
Cake silver
j
Mexican dols...oz.
3% ;
i
Chilian dols
...oz.
we
£
£
494/52
2,25 /261
680,750
990,080
3,515.429
941,483
1,087,446
720,359
4,800
2,315,801
3,171,018 3,557,377
15,320
2,52!,027
1.595.322
growing
150,711
2,181,017
1884.
£
800
772
1,992,861
3,917,821
32,592
459,785
""739
175,134
322,435
1,064,099
8781815
432
993,910
3,361,793
4,10D
105,383
48,850
8,00*
decidedly favor¬
A fair quantity of rain has fallen,
crops.
have had at the
same
time
a
moderate amount of
sun¬
To-day it is very brilliant and summer-like. Vegeta¬
making, therefore, healthy progress, and good crops
are anticipated.
The pasture lands are becoming quite luxu¬
riant, and scarcely a drawback is to be noticed. It is said that
wall-fruit has suffered in some localities from the recent frosts,
but there are no general complaints.
In consequence of the
favorable weather and increased importations the wheat trade
has been very dull, and sales are only practicable by sub¬
mitting to lower prices. The Baltic is now quite free to navi¬
gation, and larger supplies of Russian wheat are anticipated,
but oats are scarce at St. Petersburg, and command more
money.
The Board of Trade returns show that the imports of
wheat in April were only 2,823,149 cwt., against 6,070,157 cwt.;
of flour 1,158.144 cwt., against 1,679,001 cwt.; and of Indian
corn 1,802,911 cwt.,
against 3,434,942 cwt. last year. The fol¬
lowing quantities were received from the United States :
tion is
Wheat—
From Atlantic ports
From Pacific ports
Flour
Indian corn
The
cwt.
1884.
1883.
928,0^2
905.528
1,340,743
1,305,443
1.193,402
1882.
759,322
1,804,911
3,434,942
924,823
2,400,564
591,714
1,535,603
4,457,843
7,340,590
5,818,704
falling off, therefore, in April last, compared with the
1883, is nearly 3,000,000 cwt.
month in
same
The estimated value of the above
Wheat—
From Atlantic ports
From Pacific ports
Flour
Indian corn
follows
was as
1881.
13-3.
£
£
430,022
454 922
527,057
533,796
18S2.
St
097.181
723,4 00
530,020
1,401,004
899,711
470.112
1,151.122
Total
The
corn
1,525,797
following
3,471,7*77
the quantities of wheat, flour and Indian
Kingdom. Baltic
not included.
are
estimated to be afloat to the United
supplies
Wheat
Flour
Indian
In
are
At present.
qrs.1,8 (5.000
Last week.
230 OOO
coin
..
Last year.
2.403.000
216.000
255,000
1,903,000
207,000
152,000
100,5 0
1882.
2,447,000
240,000
214,000
the
following return is shown the extent of the sales of
home-grown wheat, barley and oats in the 187 principal markets
of England and Wales during the first 36 weeks of the season,
together with the average prices realized, compared with 150
markets in previous seasons : *
SALKS.
1883-84.
Wheat
Barley
qrs.
2,155.208
3,018.934
436,267
1882-83.
1831-82.
1,849,310
1,931,575
235,139
1,545,730
1,602.258
1880-81.
1,313.823
1,663,811
202,285
155,642
AVERAGE PRICES.
1883-84.
d.
s.
Wheat
Barley
per qr.
.
Oats
1882-83.
s.
d.
30
1
41
5
32
19
4
9
33
21
9
2
1881-82.
1880-81.
d.
6
8.
d.
42 10
32 11
24
2
s.
46
32
*21
6
1
Converting quarters of wheat into hundred-weights, ths
kingdom are estimated as follows :
total sales in the whole
Wheat..
1883-81.
cwt. 51,121,000
-
1882-83.
1881-82.
1830-81.
32,055,000
20,793.520
22,773,000
ITg^This aggregate is arrived at by multiplying the sales in the 187
markets above by 3%, and that result is reduced to cwt. by multiplying it
by. 4I3. This proportion between the 137 markets and the totals for the
kingdom is adopted by the Loudon grain trade and is accepted by it as
producing a result approximately correct.
The following return shows the extent of the imports of
cereal
produce into the United Kingdom during the first 36
the season, the sales of home-grown wheat, the
average price of
English wheat, the visible supply of
wheat in the United States, and the quantity of wheat and
flour afloat to the United Kingdom, compared with previous
weeks of
IMPORTS.
50
1882-83.
1881-82.
Wheat
cwt. 35.370,925
44.091,183
31%
51 3-16
Barley
11,623,520
5 4?4
54-H
50
49%
Oats
Peas
Beans
Indian corn
Flour
7,86*^,228
1,101,533
1,071,753
17.S97.237
12,038,033
10,150,950
42,242,913
9,899,720
'
537,124
2,919,460
50%
oz.
:
0
d.
13-10
Bar silver,contain-
ing 5
1883.
£
seasons :
d.
Bar silver. flne..oz.
77
May 1.
.
1
I
77
10%
Span, doubloons.oz. 73 9%
8.Am.doubloons.oz. 73 8%
tf«8.gold coin...oz.i 70 314
6*r. gold coin...oz.i
Price of Silver.
May 1.
425,764
1882.
6,153,005
1.258,935
737,903
2,557,755 3,634,307
during the
:
Price of Gold.
from United States.
1884.
1,149,037
5,039,183
225,923
3,682,339
5H
Gold.—Tl’c demand lias hardly kept pace with the supply, in conse¬
quence of a rise in the Dutch Exchange, and the Bank of England lias
purchased £316,000. The arrivals comprise £8 .3,460 from New York
and £5.400 from Australia. The Bank has s Id £50,000 for South
America. The P. & O. steamer takes £47,500 to Bombay, and the
“Nile” £1-2.000 to the West, Indies. The total amount of
gold shipped
from New York to Europe, from the commencement in
February, to the
present time, is $35/ 67,040.
Silver, which we ({noted as 50ih6d. last week, has given way slightly,
because of large arrivals on an extremely Oull..market. We fii d, how
ever, to-day a better inquiry, and we give 50%d.. buyers, as this day’s
quotation. The‘Handel” has brought £40.900 from Buenos
Ayres,
and “The City of
Chester” about £2 J.004 from New York. The West
India steamer takes £3,00 \ tile, “D ecan” £153,900 t o
Bombay, and
the “Assam” £lo,000 to Calcutta.
Mexican Dollars h ive all the week maintained their price of 407sd
To-day. however, there are buyers at 50d., aud this price we must give
as the nearest
quotation, The* “A^sam” takes £lv7,7i0 to China and
the Straits* The sole arrival is
£0,0 0 from Now York.
The quotations for bullion
but
Oats
8
In reference to the state of the bullion market
past week, Messrs. Pixley & Abell remark
!7.
Apr
2%
3%
3%
3%
-M
2H
—
5
5
I
*
2%
3%
m
i
I
3%
Apr. 24.
Open
Bank i
|
May 1.
£
1
10218
4 Is
..
Rates
£
Total
£
26,203,756
5,140.212
7.352.011
1883.
1881.
£
25,992,025
18S2.
The weather during the past week has been
Scotland. The return is certainly calculated to give en¬
couragement.
The following are the quotations for money and the interest
allowed by the discount houses to-day and same day of the
Open market rates.
To arid
SILVER.
able for the
a
from aU Countries.
GOLD.
period of the year, when coin is sent in considerable quantities
previous five weeks:
during the month of April and
the four months ended April 30 were as follows:
In the
to
611
1983-81.
1,511,449
1.818,434
13,790,820
10,332,594. 12,345,462
0/65,309
1,331,079
1880-31.
39,702,767
9,347,072
6,308,677
1,502,460
1.160,219
1,057,093
14,793,283
6,525,714
23,441,170
9,272,207
CHRONICLE,
THE
612
Supplies available for consumption, exclusive of
September 1 (36 weeks):
stocks
Exports.
1830-91.
Imports of wheat. cwt.35,376,925 44,691,183
Imports of flour
10,332,594 12,315,462
Bales of home-grown
produce
31,121,000 32,055,000
42,242,913
6,525,744
39,762,767
9,272,207
26,793,520
22,773,000
89,091,650
75,562,177
71,807,974
41s. 5d.
46s. 6d.
42s. lOd.
21,700,000
21,100,000
76,330,519
Total
Av’ge price of English
33..118846520——TThhee
wheat for season.qrs.
39s. Id.
Visible supply of wheat
in the U. S
bush.22,500,000
Eii^lish
2,701,000
Market Reports—Per Cable.
securities, &c., at London,
at Liverpool, are reported
follows for the week ending May 23: •
as
Sat.
London.
d.
Silver, per oz
Consols for money
50>3l(?
Mon.
50%
101%
101°1G
101 %
1017 i (j
Consols for account
Fr’ch rentes (in Paris) fr. 78-674 78-25
113
113
U. 8. 4%s of 1891
121
U. 8. 4s of 1907
121%
48 4
47%
Canadian Pacific
73 %
Chic. Mil. A St. Paul
754
16%
16%
Erie, common stock
....
127
Illinois Central
Pennsylvania
Philadelphia & Reading.
New York Central
58%
17%
114
Sat.
Liverpool.
7
d.
3
7
3
8
8
8
7
O
6
s.
State)..100 lb.
“
Wheat, No. 1, wh.
Spring, No. 2, n
“
Flour (ex.
Winter, South, u
Winter, West., n
“
“
Cal., No. 1
Cal., No. 2
“
Corn, mix., old
4‘
Corn, mix., new..
Pork, West. mess.. $
“
bbl.
“
11
8
7
9
5
2
63
O
13
Bacon, long clear
Beef, pr. mess, new,$ to. 83
0
0
6
0
Lard, prime West. $ cwt. 42
64
Cheese. Am. choice.*
Tuts.
50%
1014
57%
16%
112%
57 %
164
112%
Mon.
d.
3
7
3
8
8
0
6
7
8
7
5
63
43
2
82
0
6
0
O
0
42
64
5015 in 501316
101%
101%
101%
101%
15%
125%
564
14%
164
125%
9.
50i5i 6
1o1 %
101%
78-5, % 78-75
114
113%
123
123%
47%
47%
71%
73%
125%
11
8
7
9
Wed.
Thurs.
1014
Til 4
Wed.
Tv.es.
8.
11
8
7
9
7
8
7
5
68
13
82
12
63
d.
3
7
3
8
8
0
6
2%
0
0
0
0
0
i 13
122%
48%
123
48
7i %
15%
1264
s.
11
8
7
9
7
82
42
63
2
0
0
0
0
0
-
-
.
8
7
5
63
43
s2
42
63
d.
3
7
3
8
8
0
6
.
.
Fri.
d.
3
7
0
8
8
0
6
s.
11
8
8
9
7
8
7
2%
O
.
12%
111%
Thurs.
3
5
68
43
70%
128%
564
154
112%
d.
3
0
0
0
3
0
5
68
0
43
0
3
0
82
42
63
following national banks have lately
been organized:
Hutchinson, Kansas.
Red Cloud National Bank, Rod Cloud, Nebraska. Capital,
$30,000. Levi Moore, President; Robert V. Shirey, Cashier."
First National Bank of De Witt, Do Witt, Iowa. Canital,
$39,000. N. A. Morrell, President; J. II. Price, Cashier.
First National Bauk of Herkimer, Herkimer, >UY. Capital,
$30,000. Henry Churchill, President; Alex. W. Ilaslehurst,
Cashier.
Capital, $150,000.
Fred. Ward, Cashier.
First National Bank of Birmingham, Ala. Capital, $250,000.
Wm. Boruey, President; Win. J. Cameron. Cashier.
Homer National Bank, Homer, N. Y.
Capital, $75,000.
Geo. W. Phillips, President; James II. Tripp, Cashier.
The title of “The Marsh National Bank of Lincoln” has been changed
to “The Capital National Bank of Lincoln,” Neb., to take effect May il.
Imports and Exports for the AYeek.—The imports of last
No President;
week, compared with those of the preceding
week, show a
decrease in both dry goods and general merchandise.
total imports were $8,108,033, against $9,297,571 the
The
pre¬
ceding week and $8,394,541 two weeks previous. The exports
for the week ended May 29 amounted to $5,114,604, against
$4,806,350 last week and $6,033,295 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) May 15 and for the week ending (for general
merchandise) May 16; also totals since the beginning of lirst
week in January:
FOREIGN IMPORTS AT NEW YORK.
130,000
2,526,845
5,092
25,000
492,431
2,470
052,801
126,802
87,232
650
$7,562
21,163
4,550,000
138,250
20,932,258
22,793
$175,075
$4,786,769
$....
16,168
390,285
500
79,766
32,116
177,478
2,<>0 J
German/
West Indies
Mexico
South America
All other countries...
$201,743
Total 1884
Total 1883
Total 1882
46,395
125,000
4,755,990
505,813
$1,063
37,052
8.675
41,595
21,' 03
1,309
83,068
SCO
$5,591,107
5,743,601
$34,817
10,000
$3,248,431
225,316
1.271,139
67,950
19,321
$1,621,346
1,901,825
94,186
91.02 >
4,559,011
1,120,176
imports for the week in 1881, $3,829 were
gold coin and $6,007 American silver coin. Of the
exports during the same time $25,003 were American gold
coin and $500 American silver coin.
Of the above
Statement.—In
foregoing tables, ma le up from weekly returns,
we give the following figures for the full months, also issued
by our New York Custom House. The first statement covers
the total imports of merchandise.
Foreign Trade of New York—Monthly’
addition to the
IMPORTS INTO NEW YORK.
General
Dry
Months.
Goods.
$
January....
February..
March
!
39,573.030'
|
?
39.997.70l]
1
13,730,7171
7,948,030j
Jlonths.
1883.
$
20,792,785
23,531,860
23,097,99s
23,835,838
—....
101,013,534
At New York.
Total Merchandise.
Total
42,182,761
29,142,398 37,090.434
CUSTOMS RECEIPTS.
Months.
April
29,854,387
-
47,352,439' 113,001,095
EXPORTS FROM NEW YORK.
February
20,740,010 40,479,727
42,713,4891 13,328,374]
40.114,315 111,727,S10 157,842.101
March
*
$
13,345,312! 27.915,300 41,200,612
9.793,203 25,759,735 35,557,938
January
dise.
\
$
*
13,598,890 20,393,814
11,397,824 28,175,200
11,319,423 31,394,001
April
Total.
Merchan¬
Goods.
dise.
•
General
Dry
Total.
Merchan¬
$
18S3.
$
S
12,574,838
February
11,762,029
12,064,811
March
11,436,786
28,891,932
28,420,360
32,094,694
January
28,101,404j
April
97,203,481 117,514.390
1884.
12,191,603
12,438,301
9,194,388
9,840,822
45,104,448 40,399,130
Total
U. S. Bonds Called In (128th call).—The Secretary of the
Treasury issued May 22 the one hundredth and twenty-eighth
redemption of bonds. The call is lor $10,000,000
bonds issued under the act of Congress, approved
July 12, 1882, and notice is given that the principal and accrued
interest will be paid at the Treasury of the United States on
June 30, 1884, and that- the interest on the bonds will cease on
that day.
Following is the description of the bonds:
call for the
3 per cent
Fifty dollars, original number 345 to original n unber 403, both
inclusive.
One hundred dollars, original number 2.796 to original number 3,387
both inclusive, and original number 9,479 to original number 9,483,
both inclusive.
Five hundred dollars, original number 1.339 to original number 1,585,
both inclusive, and original number 3,987 to original number 3,993,
both inclusive.
One thousand dollars, original number 12,375 to original
13,355, both inclusive, and original number 22,733 to original
22,812, both inclusive.
Ten thousand dollars, origiual number 21,171 to original
$1,191,503
7,737,433
$2,121,421
6,733,815
$1,492,949
6,737,222
$1,377,925
$8,928,936
$8,355,239
$8,230,171
$8,168,053
Dry goods
$45,725,328
$56,233,778
$51,808,150
$18,874,681
Every person directly interested in coal as transporter or
Gen’l mer’dise..
122,975,360
141.224,368
1-27,325,609
125,420,194
consumer, as
Dry goods
Total
Since Jan. 1.
Total 20 weeks.
In
our
6,790,128
$168,700.70? $197,508,146 £179,133,95? $174,291,878
report of the dry goods trade will be found the im¬
ports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending May 20, 1884, and from January 1 to date:
EXPORTS FROM NEW
1881.
For the week...
Prev. reported..
$7,077,8 45
140,249,368
YORK FOR THU
1832.
$4,942,706
118,357,819
WEEK.
1883.
$0,373,8 89
132,440,621
1884.
$5.114.604
107,252,828
Total 20 weeks. $147,327,213 $123,300,525 $138.814.510 $112,367,432
The following table shows the exports and imports of specie
at the port of New York for the week ending May 17,
and
since January 1, 1881, and for the corresponding periods in
1883 and 1882:
number
number
number
22,075, both inclusive.
The Coal Trade.—The annual book under this title has
been issued by Air. Frederick E. Saward, of the Coal 'Trade
Journal, No. 1 Broadway, in a neat pamphlet form, with
covers.
This is tiie eleventh consecutive year of publication,
and the yearly volume has become a standard authority on
information relating to the coal trade in tlie United States.
1882.
Gen’l mer’dise..
1834.
1883.
1884.
1881.
For Week,.
1883.
2,380,946
$157,800 $36,193,885
Silver.
Great Britain
Franco
Cipital,
Samuel W. Campbell, President; Eugene L. Meyer,
Cashier.
Portland National Bank, Portland, Ore.
$
.
700,854
1884.
First National Bank of
$50,000.
$
Since Jan. 1.
4,352,824
1,0'8, >20
West Indies
Mexico
South America
All other countries...
Total....
©out ntcrctal autl fUtsccUauecnia JXcuis
National Banks.—The
Week.
American
15%
s.
7
3
8
8
O
6
Fri.
78-62%
113%
11
8
7
9
7
.8
7
Since Jan. 1.
$2,800 $26,462,008
Great Britain
France
Tetal 1884.
Total 1883
Total 1882
The daily closing quotation for
and for breadstuffs and provisions
byYable
Week.
20,500,000
flour afloat to United
2,520,000
Imports.
Gold.
Germany
Supply of wheat and
Kingdom..quarters. 2,230,000
BXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
on
1831-82.
1832 83.
1833-81.
|Tol. XXXVIH.
stiff
well
as
those interested in coal statistics,
heavy
should
have this book.
declared
—The Ontario Silver Alining Company of Utah lias
its ninety-fifth dividend of $75,000 (for April),
the company's office, San Francisco, or at the New
payable at
Transfer Agency, 15 Broad
Haggin, on the olst^nst.
Auction Sales.—The following, seldom or never
Stock Exchange, were sold at auction this week
Adrian H. Aluller & Son:
Shares.
16 Bank of America
.1614
27 Merchants’ Kxch.Nat.Bk. 90
100 Mechanics’ Nat. Bank ...148
3 > Bank of North America.. 109
50 Minlnttau Storage
&
Warehouse Co
74
Bonds.
$50,090 Western. Transit Co.
5s, due 1891
*
91
York
&
street, by Alessrs. Lounsbery
sold at the
by Alessrs,
Bonds.
10,000 Mich, it Ohio RLi. 1st
mort. bonds
2,000 Bleecker St. & Fulton
mort. \ ;
1..-. 110&mt.
Ferry RR. Co. 1st
7s
.
IG,0 )() N. Y. & Atlantic RR.
Co. lsts
(July, 1883,
coupons on)
for
$1-5*
Exchange.—The market for sterling has been a good deal
seven days by the erratic movements of
capital. Last week and for a few days this week there was
considerable offering of loan bills in the market for money to
be used, first in loaning and afterwards in the purchase of
stocks at the reduced prices.
There has been none of this for
the last four days, but the posted rates have nevertheless
remained unchanged at the reduction caused by these move¬
Jiu* jankers’ (tjasette.
unsettled in the last
OIVIDKNDS.
The
following dividends have recently been announced
1Then
Per
Cent.
Name of Company.
Books Closed.
Payaoie.
(Days inclusive.)
Even the rates for actual business have been
ments last week.
good deal unsettled and cannot be closely quoted. The lead¬
ing drawers quote about as follows on Friday the 23d, viz.:
Sixty days, 4 84; demand, 4 86; cables, 4 86^4; commercial
bills 4 80(5)4 81.
The latter class of bills continues scarce.
Kallroads.
Chicago
613
THE CHRONICLE.
1^84 |
BfAY 24.
a
Bur!. A Quincy (quar.)...
2
3
June
Juue
10
2
$3
July
1 Juue
MAY
23, 1SS4-5 P. M.
Miscellaneous.
American Ex. ress
May 25 to June 4
15 to July 1
United States Bonds.—Government bonds have recovered
YOltK,
NEW
FRIDAY,
considerably from the extreme depression noted last week, but
there is still much irregularity in prices, and the supply is
The Money Market and Financial Situation.—While the
last seven days present a record of fewer failures and these of
rather in
than those of the preceding week,
very much less importance
it has nevertheless become more
apparent that the
process
excess
very light.
The closing
of
liquidation in several of the most important lines of invest¬
ment remains unabated, and the only wonder is that the con¬
tinued decline in oil and in railway stocks and bonds has not
produced a larger list of disasters. The great break that has
taken place in oil since the panic of last week caused the sus¬
pension on Wednesday of the Penn Bank of Pittsburg and
of the demand, which latter at the moment is
prices at the N. Y. Board have been as follows:
In teresi
Periods.
!
112^
reg. Q.-Mar.
ooup. Q.-Mar. 1135s
122
4 s, 1907
reg. Q.-Jan.
121
4s, 1907
ooup. Q.-Jan.
3s, option U. S
reg. Q.-Feb. *100
0s, cur’cy, ’95—reg. J. & J. *121
03, eur’ey, ’96—reg. J. A J. *12 L
Os,our’cy, ’97—reg. J. A J. *122
Os.cur’oy, ’98 — reg. J. A J. *124
Gs.our’oy. ’99.. *.retr. J. A J. *125
4%s,1891.:
did not seem to have any very important general
effect either on finances or on the public mind. Two small
failures have occurred on the Stock Exchange here, without
attracting much attention or exciting comment.
however,
only absolute developments have been the discovery
that the pool in Louisville & Nashville stock embraced the
President of that company, who had been speculating in his
own stock and using the funds of the company to sustain the
The
*
This is the price bid at
openly-confessed source of uneasiness on the Stock
Exchange, though, as subsequent events have proved, without
sufficient reason.
The most legitimate cause, however, of
a further unsettlement of confidence has been the announce¬
ment that the Beading Coal & Iron Company would be com¬
pelled to issue scrip due in four months, without interest, to
“
19..
20..
“
‘J 1
744,504 94
<<
9O
984,843 07
“
23..
*
...
however, between the last
been that money has been
extremely easy, whereas last week the rates for call loans ran
up temporarily to 1, 2 and even 3 per cent per day.
The
decline in the prices of sound railway stocks has made them
safer collaterals for loans, but a good many of the low-priced
securities have been thrown out altogether, and the decrease
in available collaterals of this kind in the last three weeks no
doubt reaches several hundred millions of dollars, thus afford¬
smaller field for the loan of money.
loans on acceptable stock collaterals have
ranged during the last week at from 2 to 4 per cent per annum.
There has been very little done in time loans on stock collater¬
als, though some three-months' loans have been made at 0 per
a
Rates for call
The rates for mercantile discounts have been advanced
since last week 1 per cent on endorsed paper and
cent on
single names, to 5U and 0 per cent on double names~and 0 and
6}£on single names.
The last weekly statement of the New York Associated
Banks showed a contraction of §0,781,300 in the loans and
cent.
1883.
1882.
\ Differ'nccs fr'm
j
j Previous 1 Ycck.i May ID. j May 20.
$ 126,(139,800.!Dec $0,784,300 $317,928,000.'$31 0.4 00,t)c
1881.
May 17.
Loans ami tins
Specie
i
Circulation
Net deposits..!
Legal tenders.;
T
Legal reserve
Reserve held.
Surplus
i
1,956,2001
21,975,100
58,720,9:
18,720,2;
299, CG9.lt
22,192,61
$79,300,175' Dec. $3,155,37e!
4,483.800|
$70,773,375
82,534,000
$74,767,2';
80.919,50
$3,12",025 Dec.$1,329,425)
$5,700,025
$0,152,2:
£6,314,100 Dec 2,527,00(1
14.190.200
Unchanged.
«
3
A
1
1
lino
.
.
1
17,2o0.700jDe<\ 12,021,500 j
20,113,ICO Dec,
82.427.200 Dec.
|
....
00,558,900!
r%
1*1
10.151,10f
307.093,500
The weekly statement of the Bank of England showed a
loss of £920,000 in specie. The reserve, however, was in¬
creased to 48 3-16 per
of discount remained
14,230,647 97
Includes
23.
Ill
*112%
*120
120*4
*100
*120
*122
*124
*126
*128
following table shows the receipts
in this city, as well as the
of the past week :
Coin.
Currency.
$
$
1,81°. 2 31 75 128, 720,828 37 11.010,311
1,275,02<s 05; 12.) 000.663 51 10,747,025
2,063,931 °r> 128 477,547 93 10,411.747
998,000 18 128 379,827 63 10,255,972
1,801,903 10 127 823,200 34 9,995.434
1,298,870 09 127 829,664
14
33
96
26
32
52
10,059,349 55
9,251,680 48
$7,000,000 notes received from Washington.
seven
benture 5s at 92, 94, 91J£;~Wabash general mortgage 6s at 45
4514, 40; Texas & Pacific land grant incomes at 4-OJ4,40,45. 40>4 ;
do.~ Bio Grande division firsts at 5614, 60, 55, 55 j4; Borne
Watertown & Ogdcnsburg 5s at 65, 64, 6714, 66. Oregon Short
Line 6s at 83:Q, 69, 7034; New Orleans & Pacific firsts at 7414,
$12,621,500 in the deposits, which was quite as small as could 69Jq.
have been expected, in view of the .several disturbing causes
strong condition generally, having a surplus reserve of
$3,127,025. One encouraging feature in this connection is,
that the exports of specie have ceased.
The following table shows the changes from the previous
week and a comparison witlnthe two preceding years in the
averages of the New York Clearing House banks.
May
22.
days, but has also been somewhat erratic.
and Tuesday there was a large business, on
Wednesday and Thursday the transactions were compara¬
tively small, while on Friday they were large again. The
decline in prices has not only been heavy, but continuous, with
an increasing weakness in the last two days.
The largest
depreciation is in Oregon Short Line 6s, which have moved in
sympathy with the great decline in Union Pacific stock. They
have sold down from 8TQ to 69, closing at 70JA.
MA- Erie 2d
consols also declined 11 L£ points to 55?4, closing at
the
cause of the decline being the report that the interest would
not be paid.
The widest fluctuations have been as fol¬
lows since the morning of
Saturday, the 17th, viz:
Atlantic & Pacific Incomes at 15, 18, 14; Burlington &
Quincy debenture 5s at 92, 93>4, 91
Canada Southern firsts
at 991 g, 100, 98; Chesapeake & Ohio currency 6s at 37, 39, 33*£;
do. first series B at 90, 97, 90; East Tennessee 5s at 60, 61, 57;
do. incomes at 20, 1-1 >4; Kansas & Texas general mortgage 6s
at 70, 74, 72; New York West Shore & Buffalo 5s at 50;.Q, 52}
45:Q, 46; Erie second consols at 67, 68, 55:Q',56}4; Jersey Central
consols assented 108. 10814, 104}4; Chicago & Nort hwestern de¬
consols
easiness.
One point of great difference,
week and the preceding one has
very
92
1,969,204
in the last
On Monday
the stock market, but on all kinds of railway invest¬
growing belief that the interest on the Erie second
would not be paid was also another source of un¬
a
May
State and Railroad Bonds.—The general market for
railroad bonds has been more active and considerably lower
The
however, still remained in
-8.010,325 30
1,286,777 77
1,204.986 97
ii
Total
the coal and iron trades which is being reflected in the decline
in the value of the stocks of all the coal-carrying railroads.
The further fall of 10 points in a railway stock as widely
and popularly held as Union Pacific, has had its effect not
The banks,
21:
1113) Ill % *111% Ill
112
113
1125s 113
121 *2 *121
120% 120*4
121 q 120% *120^ 120%
100
100
100% 100%
*
*120
*120
120
120
*
*122
*122
*121
122
*124
*124
*12 4
*122
*126
*130
*120
*123
*128
*124
*132
*128
Payments.
Receipts.
May 17..
of its operatives. This, together with the dis¬
coal companies of the question of suspending
coalmining for two weeks in June, indicates a depression in
above ‘referred to.
May
!
$
pay the wages
cussion by the
ing
20.
-
Balances.
Date.
been an
on
!
the inoriimg board; no sale was made.
U. S. Sub-Treasury.—The
nevertheless damaging to confidence. The position of Mr.
Russell Sage, the great speculator in puts and calls, lias also
ments.
May
^ctf ^
P"1
'
and payments at the Sub-Treasury
balances in the same, for each day
price, and though it is known that he made restitution and
that the company loses nothing, the effect of the discovery was
only
.
1
48)9,1891
several of the less important class of speculators in oil. These,
Lw
a-) "
!
State bonds have been neglected.
Railroad and Miscellaneous Stocks.—Following the
panic
a quieter but very general move¬
liquidation in the stock market, which was increased
by the very unfavorable aspects of the coal and iron trades,
this latter fact causing a large decline in the stocks of all the
| of
last week there has been
ment for
| coal-carrying
railroads. The decline of 21 points in Jersey
Central is due in
great degree to the
acknowledgement that
the Beading to which it is leased, and which is the guarantor
of its proposed dividends, is pressed for ready cash, but
also to the cause first mentioned, which affected all coal
largely
in Lackawanna
Delaware & Hudson.
stocks show the next
largest decline, which was mainly experienced in the last two
days as the result of the general movement for liquidation.
Northwestern shows a decline of 7?y, Burlington & Quincy
6}4, Union Pacific 734, St. Paul 2J8, &c. 94)e Vanderbilt
stocks have been comparatively steady, except Lake Shore,
which is 4'4 points off, though New York Central was also
stocks,
as
is
shown by the fall of 13-'a
in
Beading and 10U in
After the coal shares the granger
8U
on Frida v.
Missouri Pacific and Louisville & Nashville
likewise show r rge declines, notwithstanding the apparent
efforts made to sustain them.
The latter, of course, was
weak
cent from 48 last week. The Bank rate
unchanged at
The Bank adversely affected by the disclosure that its President had
per cent.
of France
been using some cf the company’s funds in the attempt to
weekly statement showed an increase of 3,081,00
ftancs in gold and 4,004,009 francs in silver.
hold up the price of the stock.
611
THE CHRONICLE.
fVot. XiXYIll.
NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING MAY 23,
AND SINCE JAN. 1, 1884.
Sales of
the Week;
STOCKS.
(Shares),
Range Since Jan. 1,1884
-
i
1
Lowest.
For Full
1 Year 1.88a.
Highest.
Low.
High
RAILROADS.
Albany A Susquehanna
131
128
SI
30
80*2 Mar. 27
00
May 1
Burlington Ced. Rapids A No.
|
|
5,794
13,410
20,010
*
1st pref
2d pref
11
- -
132 tg 133
Chicago A Alton.
Chicago Burlington A Quincy. | 116*2,118
Qi>* 72
Chicago Milwaukee A .St. Paul
nrr
102
130
113
prof.1
Do
Chicago A North western
prof.
Do
1,435
1,808
,
i
Chicago Hock Island A Pacilicj
Chicago St. Louis A Pittsburg
Do
pref.
Chicago st. Paul Minn, A Om.
515
132*4 132 *2
24
25
26*
87*
27*
89 V
108*2 103*2
00*2 00*4
107*2 100 .
10034 10J- i
27
88 V
39*
90
20 *
87 *
40‘y
39*
|
St.L.J
ih
h
a
9*4
0 :i4
123
13
10
Vi *4
V
85*
07
Adams
17*
7*
80*
19
49
Cedar Falls A Minnesota
Central Iowa, Is pref
Danbury A Norwalk
Dubuque A Sioux City
122
32
......
!
,
:
.....
90
31”
■ii
92
75
9 i
78
ill"
*34'
15*
1
i>
70
i
2
30
1 1-1 *
112*2
-12*
1534
35 *2
14
1 S3
•VO
!
10 *2
30*4
I
14
18 !
11
15*2
70‘4
8,822
2,859
,
0
5
470,012
26,900
5
14*.i
9*
9*2
i
300
;
4
3T
*45
90
50
10 *2
17
27
94
25
2
2*
21
20
20 *
12 *2
17*2
,
!
15*
;8*
38
90
1
*'
*48
50
j
......
17*
09
12
11*
8*
Vi*
04*
00*
40
110*2 111
0*
7*
108* 110*4
7*4
0*
183"
LSI*
0*
10
10^2
|
r
20 V
*
47*
2
f
20
7*
!
21*
40*
12
"30*
30*
20*
40*'
2*
19*
1*
18
0*
21*
18*
13
*11
25 *
14*
0 *!
1
*10
19 *
43*
2*
45*
1*
10 *41
10*4
:
!
,000
i!,735
2, 1 25
18,,255
96,,804
3iO
13 V
1 i
"Vi*
30*
31 *
Vi V "Vi*
11
30 *
28*
:
'20*1
OO
7V
TV
22
]
8*
18
7 *
0
8
*
Vi*
i
12
|
24*
127
i
i
18
*i
7*
12
20
127
I
18
7
!
0*
20*
10
20
40
40*
78*
80
20
41
82
!
j|
80
43
7
45 V
8
I
10 V
15
89
13 *
V
13-V
43*
7 -s
14
50 *
48
50
50
50
50
11* 11A
102
103
,
—
51
!
.50
lOO* 5I;i\
5* 51 aV
0
May
-125
Apr.
750
983 1
85
70
79*
40
103
103*
54
*95
S',
55*
57*
185
92
55
105
57 *
-180
181
91
95
50
51
100 * 105
j
oli
SI
J
;
IS
37*
80
')■>
jV
37*! 37*
!
80
22
j
3
75
1
1,000
87 *
90
12*
13 *
44*
48
7
9
8
,
1
14*!
85 *
87
V
12*
13*
40
43*'
7
7 V:
85*
12*
3;>11
0*
12
13*
I
,
12
:
12
109
1
!
!
j’
102*'
52
45
52
40
11* 11*
99* 1,11
i
i
,
55 *
-40
1 1
83*
a6,412
2,275
:
0,700
;
715 ;
45,775
1,140
3
!
*200
40
1,450
10
1
|
18
j
11*
35*
7*
0 *
13 *
...
00
*
50
11
75
|
1
}
......
j
87
|
12 V
37*
0 *
li‘4
13
50
50
5
88
18
750
942
737
100
9
17,858
1
2,296
2,330
95
!
......
!*
;
79
30
100* 103*
1
!
70
1 o *
30 *4 30 *
100
101 *
*4
0
21
2 l
52 'y
50*
53
120
131*
91
92.
5 1 *
5 1 *
no
100
130
75*
35
100
*4
*<»•>
90
*50
100
55*
134
93
55
100
8*
147" 147"
52*
75 >4
11>
30
102
5>-
......j
75*
30*
08* 101 1
-4
5
25
55*
52*
53*
131* 131 *
90 *
92 1
130
92
92
i
52
52*
181*
|
3,907
43,548
1
11,200
1
i 103
108
8
8
8
8
300
15
pref...
1
1
67
07
200
May
128
8.)
45
100
160
100
3L
24
49
236,027
991
355
Apr.
an.
i 07
i 45
142
i
26|
35
11
42
27
57*
3* Jan.
25* 5Iar.
y
24
31 *
;2G4
15]
16
no
sale
was made at the Board.
10
32
j
18
! 49*
23*1 53*
49*
90*
7 !
2 | 14*
17 i 21 i 36*
7
14*
51 ar. 19
32
51 ar. 22 i 19
Jan. 7 ' 29* 89
28
12
Feb. 4
i
Jan. 11!
Feb. 14
23j
Jan.
Jan.
40*
33
97*
90
169*
94
17* 43
70* 104*
36*
15
5:| 29* 57*
9.
26
Jau. 7'
Fob. 11
Feb. 10
Jan. 7
Jan.
61V Jim-
17* Mar.
23,114
Feb.
16' 17 V Jan.
7:170
Feb.
8; 65* Jail.
Jail.
25112
lGj 56* Mar.
10 U7
Jan.
21
15*
72
4
47
Feb. 15
Feb. 4
15:127* Apr.
i
8
57
1 6i;lL8*
17 i 14
11 102*
15
10
55
9
7; 56
90
28
17
7
0* Feb. 11
32* Feb. 5
May
Apr.
Mav
Feb.
12
88*
10
Jan.
91*
150
44*
46*
31 !l37
Apr. 24 ,126*
Hi 102
88
Mar. 20
17; 01* Feb. 7
55*
21 115
13
113
Feb.
12; 24* Apr.
10,152
Fell.
25
125
71*
Jan.
Mav
M av
Mav
22
39*
112*
30
14! 73* Feb.
1
10
69*
140*
“ih 13L
May
140
31
50
135
94*
65*
128
17*
15*6“
68*
70*
92
21
77
82
12 145
138 138
112*
is! 90
96
1 140* Apr. 1S.;139* 145*
Ill
33
21] 50
Feb. 19 204
29* Jan. ,2; 51
;
148
39
21
23
14
34
Mar. 21 i 15
85
Mar. 17 I 35
5'! 80 103
90
Feb.
27
Mar. 18 | 20* 36*
69*
5()
Mar. 18 ; 40
100*
90 * Apr. 10 j 87
92* May 3 93
192* ian. 8 193*
! 121
1 122*
Mav
; 12
Jau. 14] 15
-7* Apr. 14 10*
.
Feb. 25
Feb. 15 1
Jan.
7 j
Jan. 7 !
22j 32*
12j 90
10; 99
14 | 22 V
22; ,84 V
14! 19*
20j 32
May 10;
8
May
24 * A pr.
144
May
33
Feb.
50
Jan.
i 137
prices bid and asked
May
4*.I
"ioo
1,04
May
70
91
3
May 221
122* Jau.
52
100
53
Jail.
May
May
May
88* May
10
May
10,020
35
j' 82*
59
28j 5
May 22 61
May 16: 32
May 14 10 V
37* Jail.
70
May
May
80
Apr.
79* Mav
0* May
35* May
5* May
9
May
18
77 *
36*
10*
!200
;
84*
17* 35*
13*; 33*
92* 114 7a
58
86*
40* 58*
5
7
4
78* Mar. 15
51V Mar. 4
Apr.
19
45
9
2.1 no
1
1
7,245
30,230
235,027
|
10*
23
75
4
Jaft.
30
68
Feb. 25
38
53*
21
80
93* Apr. 7
90
23 59* Mar! 17
38
53
10, 24
Mai 18
12* 30*
2 I
40
11
i
Jan.
32
55
17 105
Apr. 15 '76 i 95*
14 94 *
4
77 1100*
1 1
10
J an.
7 '■ 10 1 18
17
4 1
35 i 48*
Apr. 10
15
7
18*
16* 30*
°2
30 J-.
3IV 33 | 68*
14 23 *
5 I 19* 34*
20
95
Feb. 11
86 il067g
2i
13* Mar. 24' 10 i 19*
22 127
Jan. 29 120 1129*
20 58
14 ! 50* 64*
14 12:i
Mari 13 111* 129*
14, 10* Feb. 15
7 : 15*
14 20* Feb. 14 j 13* 35
28 125 Apr. 28 90 105
10 94 V Apr. 12
83 * 89*
9 23* Jail
5
26*! 40*
Hi 71
Mar. 3 : 72 j 83
17* Apr. 4 ! 17* 52*
183
15 1s t
51 av 1 169
Jail. 20,
2*2
1
7.332
,
90* 100 v
1
......
I
,.......
19* Jan. 7i 24
20* May 23j 50
500
7i
6
11*
9
51 ay 141 17
24* 51 ay 23 .60* Feb. 23;! 46* 61*
157 127
Miiv 15135
15 135
Apr. 14 129* 138
13,400
-
39*
19* Jan
10 104* Mar
20 * 51 av 1 6
18* Jan. 20
40* Jan. 23i
1* 51 ay 22
14* 51 ay 14;
0*51 ay 9i
15
Jail, llj
10* 51 ay 14
9.000
j
‘
,
20*4-Jan.
142,905
22
18
Jan.
80
4*: n*
'
Jan
7 i 45
8
Feb
5
Mar 18 100
4.
50
Jan.
Feb, 13 124
0
Mar
77
81,350; 13* 51 av
!
3,325 ! 32
51 ay
9
3,320
Miiy 10|
127 ;li 6
Jan.
7 * 51-ay 14. 16*.lah. 7.1 15* 29*
1,650
100:
3* Jan. 2l!
0
Feb. 28 !
4*' 8*
Mav 17
000| 10
IS* B’eb. 10.J 14 i 21*
*
52
50
......j
37*
80V
52
43
11* T2*
......
40*
101*
90*:
14*
45*
8 *
10*
102* 103
80*
i •»
19
39
81
i
......
80*
12*
"i
May
It)
Feb.
33
May
1 1
Mav
17 *•> Mav
l 1
M :t.V
03 * Mav
1 21 * .1 aii.
86
May
’
18
19*
7*!
May
3,220
.
7
7*
.13*
"4*6” *40 "!
19*
87
01
10
0*
j
......
18
18
12
29
‘35
8* May
635
800
32.010
*12
13
;
12
12*'
L05
130 j 105
130 |
88
88
88
88
|
;
1 4 *2
15 *4
14* 14 7b
32
33 *4
33*2 34 *
!
13*2 13 -2!
Jail.
Jan.
Mav
51 aV
12*
,
9 *•>
0*'
120
125
!
38 ’4 38*4.
51 ay
82
42
....:
i
Mavl5
62* Mav 10
29 V M a V 21
14 * 51 a V 15
40
Jan. 22
1,750
!
*18*4
14 *4
Apt*. 17 51
5l'a\ 10 140
5)
1 ,300 ;
I
70
.
102
40
118
81
1,550
10,300
'33*4 "iW*
33 *•>
12 *
21
;
00 *2
21
7*
400
900
1.550
100
"jo" *9*6" * j
;*;!
14*
"3*2”
»>
178,235
*
05
10
18*
;
90
......
17
15*
10*
19 *4
!
53
90
50
17
20
Of
15
30
32
20 *
45
32
.!
8*4 Feb. io
Feb. 15
51 ay 10, 14*2
51
Vv - 51
M*\
Mav
May 8
8*
Mar. 12 200
81* Jan. 11
11
Mav 23
2,980
11
1
2,142
85 ( 160,410
65*
4,0 54
30*
7y
4,039
11*
31
*
*
9
11
11*'
3L
11*
20
.
3 *2 51 ay 14
37
12034 122
_
182" 183*
V
Jan.
---
!
I
05
7 *
11
'33 *2
*3*4*
90
01
88
2i I 13
23*
Feh. 11 ii 23
35*
Jan.
7
14* 27
Feb. 5 128 !137U
15
28
17
.
1,405
102
00
109*2 .11
ir>*
T2*
07* Jan. 101
•
4,007
i
10*
39”
New Central Coal
the
7*2
83*
"39"
Maryland Coal
are
7
11.
8*4
United Companies of N. J
These
8 *2
32
85 VI
8 *y
35*2
21 *
47 *
8*
'
14 '4
32
12
*
48 V
2*
8*
,1 L.
11
13
20
7y
14V
03*
”88*2
21
10 v
A 1.
81*
05 *
33 *2
"Vi"
88 *2
[
10*
A L
11*
’'-I
734
14*4
iJ
j
-
-
14 *4
34*
22 V
49*
2*
2 1
-.
10
121
1 2 4 *2
38
30*2
10!) 7y 111*2
11
‘34*
1
V
14
734
,u..|
88*2
:
19*2
8
1 0 *
*>
33
15
21
03*2
42
u,
"88"
'*4
38
8.. > *
06
1
......
1
28
90
74
33 *
13 *2
80*
197
11*
90
20
95
74
85*
37
4,050
[
122 * 123
12*
.
Warren
w
19
123
05 i->
29 V
11*
0
V
07 *
05 *
30
...
Joliet A Chicago
Ohio A Mississippi, pref
Rensselaer A Sara tog t
Texas A New Orleans
Pennsylvania Coal.,
Spring Mountain Coal
8*
50
Chicago A Alton, pref
Columbia A Greenville,
j
25*
38
8
i
8 *2
192
J 1 *
84*
*
19
40
80
00
45
Wells, Fargo A Co
INACTIVE STOCKS.
102
1 1
07 *
88 *
20
1
50
!
a a.
J
*130
American
United states
39
10^2
A 1^'
38
11*
U*
S3*
88*
10
11
—
10 1
.
■
j
25*
68*4
...
20o
27*
88*
65*
47* 71*
Jan. 31!
...
7,471
.
12V
"Vi* Vs**
15
1
.
8*2
12*
10
11 V
11* 12
30* 32*
20* 31*
130 |
L27
127 i 130
o.) ■
Western Union Telegraph
EXPRESS.
8*2
7,495
ioVV*1 i03* ibo"j "97 V VoT'i
A .'I
.
13*
pref
,
A 7
4 'y
123V 122*2 123
Quicksilver Mining
Do
89
89
104 "
1 0J8
V
a :l
,
130
25 V
20
80 *
38 *
21
84*
86^
75
48
May 14 140*4
May 23 127* Feb. 16 illo3*!^*
May 14 <-94* an. 3 1 9134'108*q
May 14 119 i eb. 16 illo 122*
Ieb. 12 115V 140*
May 23 124
124
51 ay 23 ] 49 *2 F eb. 12 i 134
157
1109 *2 May 14 126* fob 11
116*127*
8
May 13 13*4 Jan
5
10
1 20 May 15 3o Jan. 11 1 33 V 22
57*
i 24*2 May 10 34 *2 Jan. 3 ; 30
55
! 81 May 14 90 *4 Feb, 11:1 91 113*
i 34
May 14 i 69*2 Mai 14 ! 54
84
;i38 Feb. 23 141
Apr. 1 124* 142
1
Feb. 141
2
Jan. 17
1*2
7*
97* Mav 23 133* Mai 1 111*2 131*
9*2 May 14 25* Jan; 3
21*! 51*
’
Oregon improvement Co
Oregon R dlway A Nav.Co
Pacitic Mail
Puliman Palace Car Co.
IT
'
MISCELLANEOUS.
American Tel. A Cable Co
i
Bankers’ A M erchants’ Tel
!
Colorado Coal A Iron
j
Delaware A Hudson Canal
Mu ual Union Telegraph
*
New York A Texas Land Co..
60 *4
108
102 V
111*4 115*2
*7
0*2;
27*
22
21
90
78
1
■ii!
,
Rich.
Allegli., st'k trustetf’s.
Richmond A Danville
Richmond A West P’tTerm’l.
Rochester A Pittsburg...
I
Rome Watertown A Ogdensb.
8t. Louis Alton A Terre Haute!
Do
pref. I
St. Louis A San Francisco
'
Do
prefj
Do
1st pref.!
St. Paul A Duluth
I
Do
pref
I
St. Paul Minneap. A Manitoba.1
Texas A Pacitic
!
Unio
Pacillc
j
Wabash st. Louis A Pacific.. J
Do
pref.'
V09"|
10*
v~7\
.
"
...
26
87
3!J
27
!
8 3 ‘41
1
40
ioo" iii‘41 Vo 5 V
10
57* Feb. 11!
23
14
1,810 130
23,013 111
05
293.917
2,097 100
80,217
90*4
110
1
.
Penia Decatur A Evansville..
132
114*2 115
28t>!
4-
Philadelphia A Reading.
Pittsburg Ft. Wayne A Chic..
120-
*22
Do
nref.
38
40
Cleveland Col. Cinn. A I nil
-j
Cleveland & Pittsburg, guar..
Columbus Chic. A I ml. Cent..
Delaware LackawannaA West. ii)j" 112"!
Denver & Kio Grande
12*
j ll;fe
a
r:
East Tennessee Va. A Ga
Do
prof.!
Evansville & Terre Haute —'
Green Bay Winona & St. Paul!
Harlem
Houston A Texas Central
Illinois Central
i 123
123*2
Do
leased line! p.c.j
12
18
Indiana Bloomingt’u A West’n
IO
JO
Lake Erie & Western—.
!
Lake Shore
80* 89 7y
00
00
Long Island
31
85 *
Louisville A Nashville
15
15
'
Louisville New Albany A Chic.'
47
47
:
Manhattan Elevated
;
89
89 1
Do
1st pref..!
Do
common.'
15*4 17
Manhattan Beach Co
27
27
Memphis A Charleston
;
87
93
Metropolitan Elevated
:
71
71
■
Michigan Central
Milwaukee L. Sli. A Western.!
Do
pref. | '33" 33
12 >4
Minneapolis A St. Louis..
1
Do
pref.;
15
Vo":
Missouri Kansas & Tex s
09 * 72*4
Missouri Pacific
;
Mobile A Ohio
123*' 123"!
Morris A Essex
40
Nashville Chattanooga A
40*4
New York Central A Hudson.1 111* 114
7 *2
New York Chic. & St. Louis ..j
13
1
Do
pref.
New York Elevated
!
88
88 " i
New York Lack. A W estern.. i
New Yoik Lake Erie A West’ll
1534 17
Do
pref. | 33 *2 31 '
12
12
New York & New England.
Ne w York New 11 aven A 11 art.1
New York Ontario A Western.1 ’Vo"
10*4
New York Susq. A Western...!
10
Vo"
Do
pref.'
Norfolk A Western
;
Do
30*2 30*
pref
I
Northern Pacific
1
21*2 22*
Do
pref
! 48*4 50*
2
Ohio Central...
i
2*
Ohio & Mississippi
21*2 23
i
7
'
Ohio Southern
Oregon Short Line
i
Oregon A Trans-Continental..
115
07 **8
108
100
120
110*
102* 10 l *
132
133
!
115 V 115*2
115*
14
..
115 *8
116* 117*
70* 72V
107
105
133
May 13
83 *2 Mar .13
80
J an. 10
08*4 Jan. 18
35
May
51 *4 May
3 1
May
7 *2 May
14 *4 51 a V
8
51 a v
28,010
•
Chesapeake A Ohio
Do
DO
40
;
Canadian Pacitic
Canada Southern
Central of New Jersey
Central Pacitic
May 16 135 Jan. 30 127 135
Apr. 29; 80* Jau. 7, 78*2
84*
70
|
!
;
Atchison Topena A Santa Fe
Boston A N. Y. Air-Line, pref
Feb.
Jan.
Mar. 10
-Mar. 4j
0 1
Jail.
Feb
ml
Mar. 21'1187*2 197"
118
Mar. 29; ,118
17
Feb. 21 ; 10
14
9
Jan. SIM
280*
Feb. 19, ,260
30, 29* 30*
Apr.
THE
May 24, 1884.
CHRONICLE.
615
QUOTATIONS OF STATE AND RAILROAD BONDS
STATE
Bid. j
SECURITIES.
Alabama-—Clft88 .A.) 1906.
Class B, 5s, 1906
Class C, 4s, 1906
*105
6s, 10-20s, 1900
5
Arkansas—6s, funded....
7s, L. Kock & Ft. S. iss. *10
-10
78. Memp.it L.Rock Bit
7s, L. ll.P.B. & N.O. HR *10
!
1
1
cons.,1914
......
|
i
Asvl’m
1
Funding, 1894-95
1
|..
:..
.
Special tax, all classes..
Univ.. due’92
Do
i
Hannibal it St. Jo., ’86.
no
New York— 6s, reg., 1887 *108
j
:
Oliio—6s, 1886
1
j
!
i
’30
.
l;
RAILROAD
Bid. ; Ask.
SECURITIES.
S ECU BI TI ES.
(Stock Exchange Prices.)
Bid.
!
!
•
j
Ala. Central—1st, 6s, 1918
Alleg’y Cent.—1st,Gs,1922
1
.
Bonds, 7s, 1900
7s of 1871, 1901
N.O
115
123
125
T26
1
!
.
District of Columbia—
1*112
3-63s, 1924
Registered
Funding os* 1899
40
1*112
*112
Penn. RR.—Continued—
Ask-
!
*129
3d. 7s. 1912
j .90
; 53
Cent.—1st, 7s, 1911.!
Mieli.Cent.—Cons.7s. 19021 123
Consol. 5s, 1902
Bid.
SECURITIES.
!lo2
85
Mex.
117 V119
98
40
*40
*40
*55
*39
*50
*5
6s, consol, bonds
6s, ex-matured coupon.
6s, consol., 2d series
i
6s, deferred.
Cin.—1st, 7s.
,Metropolitan El.—1st,1908j
2d, 6s, 189!).....
1st, consol., guar., 7s..
N.Y. Lack.it W.—1 st, 6s
i
85
Bid. i Ask.
SECURITIES.
Marietta it
*121
30
...
Ask.
KONlkS.
Ask.
Del. L. it W.—Contiu'd— j
i
M.itE -2d, 7s, 1891 ....'*114
Railroad llonds.
Virginia—6s, old
6s, new, 1860
o
*81%
.*106%'
6s. new, 1892-8-1900
36
....
6s, Act Mar. 23, 1869 )
*o
!
“ \
non-fun.dable, 1888. \ i
Brown consol’nOs, 1898 *105 Hi
Tennessee—6s, old, 1892-Sj
I 40
‘
*10
Bid.
C’iu])’iuise,3-4-5-6s,1912
2
South Carolina—
*
112
*115
*117
Funding act, 1866-1868
1
SECURITIES.
Tennessee—ContinuedOs, new series, 1914
'18
2
Wil.C.itRu.R.
W’n. & Tar It.;
Do
Consol. 4s. 1910
!
AskJ
Bid.
N. Carolina—Continued—;
!
New bonds, J.itJ.,’92-8
111
6s, loan, 185)3
N. Carolina—6s, old. J.it J
1
115
*60
6s, loan, 1891
6s, loan, 185)2
t
SECURITIES.
105% 106% !
ns
118
or
Ask.
*72%
Ex-matured coupon
10
!
Bid.
Missouri—6s, 1886
0s, due 1889 or 1890
t
*1055
*
104
*109
Georgia—Os, 1886
7s, 1880
7s, gold, 1S90
L luisiana—’’h.
82
*10
7a, Arkansas Cent. RR.
SECURITIES.
’
1
★
7S; Miss. O. & K. It. HR.
Ask.'
! 82%'
*•
MAY 23, 1SS4.
BONDS.
Clev.it Pitts.—Cons.s.fd. *120
j
I
.101%
*108%
4th,s.fd.,6s,185)2
St.L.V.it T.1I.—1st,g.,7s
2d, 7s, 1898
i
i
Construction, 5s, 1923
j
6s, 15)09....
2d, guar., 7s, 1898
Del.it JIud. Canal—1st, 7s *102%
Atch.T.& S. Fe-4 %s,1920
!
Coupon, 5s, 1931
'102% Pitts.B.'it B.—181 6s, 15)11
95
j
Sinking f und, 6s, 1911..
7s. 1891
111%
!
19551
Rome
Registered,-5s,
..>102
W.it Og.—1st,7s,’5)1 *104
93 Hi.
1st. ext., 7s, 185U..
Atl. & Pac.—1st, 6s, 1910.
89
Jack. Lan.it Sag.—6s, ’91. | *102 |
i. Con., 1st, ext., 5s, 1922J
65
Balt.it O.—1 st, 6s, Prk.Br. 113 %
117% Milw. it No.—1st, 6s, 15*10;
Coupon, 7s, 18t»l
'98
Roch.it Pitt,—1st, 6s, 1921
108
Bost.Hartf.it E.—1st, 7s
10
Registered, 7s. 1891
!
Mil.L.S.itW.— 1st,(is,1921 102
105
Consol., 1st, 6s, 1922
89
j
Guaranteed...
1st, Pa.I)iv.,cp.,7s, 15)17
'Minn.it St.L.—1st.7s, 1927 126
j-129% Rich.itAlleg.—Lst,7s,192<)! 54
105
Bur.C. Rap.&No.—1st, 5s D)1
1st. Pa. Div., leg., 1917. 131
Iowa Ext.—1st, 7s, 1909' 120
98
66
j------ Rieh.it Daiiv.—Cons.,g.,6s
Alb. it Susq.—1st, 7s
Minn. it 81. D.—1 st ,7s, gu. * 125
111%
2d, 7s, 1891
I
Debenture Os, 15)27
50
*
102
Ia.City.itWest.—1st,7s 105
2d, 7s. 1885
S’thw.Ext. 1st, 7s,191(>;
Atl.it Cli.—lst,]>f.,7s, ’97,*105
C.Itap. I. F.it N.—1st, 6s
1
l’ae. Ext.—1st, 6s, 1921.1
1st,cons., gu.ir.7s,1906 *120
100%
Incomes, 1900
j *78
1st, 5s, 1921
Registered..'
'
Mo. K.it T.—Ccn'1.6s,l 920.
72
! 754% .Scioto Val.—1st. cons., 7s.
Buff. N.V. it Bhil.—1 st, 6s
95
96
1st, cons., gu., 6s, 1906 *115
58
61
‘ st. L. it Iron Mt
General, 5s, 1920
1st,
7s'
H6%
General, 6s, 1924
Registered
Cons. 7s, 1904-5-6
103
i 104% 105
2d. 7s, 1897.....
104
Can. So.—1st, int. guar. 5s
Reus, it sar —1st, ep.,7s
98
99
Cons. 2d, income, 1911..!
109
J 65
Arkansas Br’ch—1st, 7s
2d, 5s, 1913
1st. reg., 7s. 15)21
ll.it Cent. Mo.—1st, ’5)0 100 j
*129
105
%:
Cairo it Fulton-1st, 7s
85
98
Keg., 5s, 1913
Denv.it Rio Or.—1st, 1900
Mobile it Oliio—New 6s..! 105
108
Cairo Ark. it T.—1st. 7s
109
.107
Central Iowa—1st, 7s, ’99
54
1st, consol., 7s, 1910....
Collated trust, 6s, 1892!
61
:
98
’ Gcn’lr’vit 1. gr.,5s,19511
i 62
77
East. Div.—1st, 6s, 1912
89
Dcn.So.Pk.it l’ac,—1st, 7s
Morgan’s La.it T.—1st, 6s!
;
St.L.Alton it T.IL—lst,7s, ---Ill. Div.—1st, 6s. 1912..
•10
Den.it RioG.West.—1st,6s
37
Nash.Chat.it St.L.-lst,7s 120 |
111
1
: 2d, pref., 7s, 1891
! let. Mack.it Marq.—1 st, 6s
12
Char. Col. it Aug.—1st, 7s
2d. 6s, 15)01
.1
!
2d, income, 7s. 185)4
1 102
Ches.it (>.—Pur.money id.
Land guiint, 3 %s, S.A
91 % N. Y: Central—Os,
Bellev.it So. 111.—1st. 8s
,120
1887...J* 106
113
112
E.T. Va.it Ga.—3 st,7s,4 900 115
6s, gold, series A, ISM>8
Deb. certs., ext’d 5s
103%
’ SLP.Minn.it Man.—1st,7s. 165* i 110
93
6s, gold, series B, 1908
1st, cons., 5s, 1930
N.Y.(’.it IL—1st, cp., 7s!
2d,
190!)
105>%
1 10
jl32
6s,
3 5%
36'
1 ^visional 5s, 15)510
6s, currency, 1918
93
1st, reg., 1903
*132 :
Dakota Ext.-6s. 1910..' J09
.110
98
40
Mortgage Os, 1911
Eliz.C.itN.—S.i\,deb.,e.,0s
llud.Uiv.—7s,2d, s.f.. ’85 *----.. j106
1st, consol., 6s, 1933..! 105%
*85"' 90
Ches.O.itS.W.—M. 5-0s
1 larlem—1 st, 7s, coup
1st, 6s, 1920
1st. eons., 6s, reg., 1933.
*126 ;
!-.
5.) i
Chicago it-Alton—1st, 7s. 117
Fdiz.Lcx.it Big Sandy—6s
1st, 7s, rog., 15)00
‘*129 j
Min’s lTn.—1st, 6s, 15*22 *U0
i
114
Sinking fund, 6s, 1903..
122
N.Y. Elev’d~ 1st, 7s, 1906 118% 120
Eric—1st, extended, Vs
| St.P.it Dul.—1st,5s, 1931 *101 LLa. <fc Mo. Riv.-lst, 7s. hr: ;
2d, extended. 5s, 1919 j 1 10
N.Y.I*.it ().— Pr.l’n, 6s, ’5)5
So. Car. R’y—1st, 6s, 1920.
L,
104
112
2d, 7s, 1900
3d, extended, 4%st 1923 103
N. Y.C.it N.—Cell.,6s,1910
30 |
1
70
2d, 6s, 15)31.....'..
St.L. Jack.it Chic.—1st *115
...-.108%
i
1th, extended, 5s, 1920.1
Trust Co. receipts
'113
:
30
shenand’hV.—1st,7s, 15)09:
lit)
let, guar. (564), 7s, ’91 115%
;
5th, 7s, 1888
N.Y. it. N. Engl’d—1st, 7s *100
:
83
108
General, 6s, 15)21
!
2d. (360), 7s, 1898
1
’■
1st, cons., gold, 7s, 1920 120 .123
1st, 6s, 1905
!
100
Tex.Ccn.—1st, s.f.. 7s,1909; *98
2d, guar. (188). 7s, ’98
jN. Y.(\«t St. I,.—1st, Os, 15)21
1st, cons., fd coup., 7s..1
1st
95
103% 103%
mort., 7s, 1911
]
Miss.K.Br’ge—1 st, s.f.6s
Reorg. 1st lien, 6s, 1908
2d. Os, 15)23....
85
Tol.Del.it Burl.—Main,6s
[.
C.B.& Q.—Consol.7s. 15)03 127
Dock
Long
46
N.Y.W.Sh.it
b’nds,
Buff'.
7s,’93
Lstr,
C]).,5s
Kn
1
Dayt. Div., 6s, 15)10
"lfli,
1510
6b, sinking fmijl
loti
fund, 1901
Bull’.N.Y.it E. —1 st,l91 6
Registered, 5s, 1931
1st, Tei’l trust, 6s, 1910!
!.
60
5e,debentures, 1913
92%' 92%
N.Y.L. E.it W .-N ew 2d (!
N. Y.Siusq.it West.—1 st, 6s
TeX.it N. O.—1st, 7s, 1905
la. Div.—S. fd., 5s, 1915)
Collat'l trust,6s. 15)22.
-.!
Sabine Div.—lst.6s,15)12'
Debenture, 6s, 1897
1
90
Sinking fund, 4s, 1919
Buff.it S.W.—M.,6s, 1908.
Midland of N.J.—1st, 6s
5)1
Va. Mid.—M. iuc., 6s. 15)27;
70
65
Denver Div.—4s, 1922..
85
8!)% Ev.it T. H.—1st, cons.. 6s
95% N.Y.N.H.«t II.—1st, rg., 4s *103"
Wab.St. L.it Pac.—Gen’l 6s;
41
40 %;
Plain 4 s, 1921
1
M t.Yern'n -1st. 6s, 1923
-1Nevada Central—1st, 6s.. j
Chic. Div.—5s, 15)10
| 67% 70
C.K.I.it P.—Os, cp., 1917. *126
112
FPtit P.Marq—M.6s, 15)20,
N.Pae.—G. l.gr., 1st, ep.,6s 102%'102%
llav. Div.—6s, 15)10
! 80
126% Gal. Har.it s.Ant.—1st, 6s 109
111
6s, reg., 1917
Registered, 6s. 15)21.
*
'103%
j
Tol.P..tW.—1st, 7s,1917! 95
9i>
100
Keok. it Des M.—1st, 5s DM)
103
110
2d, 7s, 1905
iN.O. Pac.—1 st, 6s, g.. 1920
Iowa Div.—6s, 1921?....
! 65)%
77
Central of N. J.—1 st, 185)0. 1155 % 118
92
Mex. A l’ac.—1st, 5s
!
'Norf.itW.—Gen’l, 6s, 15)31
1102
Iud’pidis I)iv.—6s. 1921;
10.'> 4
lstconspl.assented,1899 105
2d, 6s. 15)31
New River
Detroit
1st, 6s, 1932 *
,102
Div.—6s, 15)21
SO
106% Gr’nBayW.itSt.P.—1st,6s ”77*
Conv.,assented,7s, 1902
No.Railway (Cal.)—1st, 6s *107 I......I* Cairo Div.—5s, 1931
I
j 75
114
Adjustment, 7s, 1903.. .J
Ohioifc Miss.—Consol, s.fd. *118
105
Gulf Col.it S. Fe—7s, 15)09
Wabash—Mort. 7s, 1909!*
85
Conv. debent. 6s, 1908..1
Ilanii. it St. Jos.— 8s,conv. 102% 103%
; 5)0
Consolidated 7s, 1898... *118
Tol. it W.—1 st, ext., 7sj
-100
110
Leh.itW.B.—Con.g’d,as.
ilOO
Consol. 6s, 15)11
112%
2d consolidated 7s, 1911 * —'-[120
92
1st, St. L. Div., 7s, ’891 *90
Am.D’kit Imp.—5s, 1921
Houston it Texas Cent
90 | 91
1st, Springfield Div., 7s 108%
85
2d, ext.. 7s, 1893
Chic.Mil. it St. Paul—
*108%
Ohio Central—1st, 6s,1920
60
1st, M. L.. 7s
Equipm’t bds, 7s, ’83.
1st, 8s, P. D
; 130 j 132
1st, Western Div.. 7s ...|*D)4%
50 '
1st, Term’l Tr., 6s, 1920
Consol, conv., 7s, 1907
60
i
2d, 7 3-10, P.D., 185)8... *118 !l2(U
H3 :....
1st, Waco it No., 7s
1st, Min’l Div., 6s, 1921
99% 100
Gt.West’n—1st, 7a, ’88
1st, 7s, $g„ R.D., 1902.; 126% 127%
Ohio So.—1st, 6s, 15)21
2d, consol., niaine line.8s *
132
74"! *80
!
90
2d, 7s, 1893. .i
!
let, LaC. l)iv., 7s, 1893.' 116
2d, Waco it No., Hs,1915
Oreg’iiit Cal.—lst,6s,1921
Q.it Tol.—1st, 7s. 1890:
lstr I, ifc M., 7s, 1897
116 |121
36% 98% Or.itTransc’l—6s,’82-1922
71
General, 6s, 15)21
i 74
Han.it Naples—1st, 7s
1st, I. it D./7s, 1899....
Iloust. E.it W.Tex.—1st,Vs
60
Oregon Imp. Co.—'1st, 6s.
Ill.it So.I a.—1st,ex.,6s;
; 65
1st, C. it M., 7s. 1903...I 130 |
2d, 6s, 1913
Oreg’n RR.it Nav.—lst,6s 105 1107
St.L.K.C.itN.—R.e.,78
i'oi%
Consol. 7s, 1905
i Panama—S.f., sub.6s, 15)10.
’ 122
123% -Illinois Central
Omaha Div.—1st, 7s| 102%
2d, 7s, 1884
!
!
Peoria Dee. & Kv.—1st, 6s ioi" 'i
Springtield Div.—Cp. 6s.
1st, 7s, Lit D.Ext., 1908
'122
Middle Div.—Reg., 5s...
Evans. Div.—1 st,6s,l}Vj() *
*81
83
] 10L
1st, 8.W. Div., (is, 15)00. 108 ;
C.St.L.it N.O:—Ten.l.,7s
Peo*a it Pek.U’n—1st, 6s
No. Missouri—1st, 7s. 117%
101
let, 5s, LaC.it Dav., 1919
116
5)6 %
"Pacific Railroads—
1st, consol., 7s, 1897
! West.Un.Tel.—1900,coup.;
1st, 8. Minn. Div. ,6s, 15)10 110
111
2d, 6s, 1907
1900, reg
'i Central Pac.—G., 6s
HO
1
111»«
12.'
let, H. it. D., 7s, 1910...
MOI
San Joaquin Br.—6s..
Gold, 5s, 15)51
N.W. Telegraph—7s, 1904!
i
100
Chic.it Pac. Div.,6s,1910
114
!
Dub. it S. C.—2d Div., 7s
Gal. it Oregon—1st, 6s 100
60
”65"
Mut.Un.Tel.—S.fd,Os,
1911!
98
let,Chic.it P.W.,5s. 15*21
'121
Ceil. F. it Minn.—1st, 7s
State Aid bds., 7s, ’84 DM) j
! Spring Val. W.W.—1st,6s
"Min’l Pt. Div., 5s, 1910.
! 96
I ml. Rl. it W.—1 st pref., 7s
!
Land grant bonds, 6s. 102% 104
C.& L.Sup.Div., 5s, 1921
95
i 1st, 4-5-Os, 15)09
;
SO
West. Pac.—Bonds, 6s
1
|
'
Wie.it Mlii.Div..5s, 1921
91
96
65
So. Pac. of Cal.
2(1,4-5-68,1905)..
INCOME BONDS:.
1st,Os 102 >104%
|
Chic.it Northwest.—
Eastern I)iv., 6s, 1921..!
S'.) ;
So.I’ae.of Ari/.’a—1st, 6s
98
I
Sink, fund, 7s, 1885
!
So.Pac.of N.Mex.-1st,Os
lmlianap.D.it Spr.—1st,7s 103
97%
'(Interest payable if earned.)j
Consol, bonds, 7s, 1915.
2d, 5s, 1911
!
!, Union Pacilic—1st, 6s ..! ID) jll2%
Extension bonds, 7s, ’85 104
109%
Land
Int.itGt.No.—1st, 6s, gold, 108
grants, 7s, ’87-85) 106%
MAlleg’ny Cent.—Inc., 15)12
1st. 7s. 18.85
70 !l
1
1 70
Coupon, 6s, 15)05)
Sinking funds, 8s, ’93.
105% Atl. it Pac.—Inc., 1910...! Tj" 14*
Council, gold, 7s, 1902..'
.129
Kent’Ky’Cent.—M. 6s, 1911
Reg., 8s, 185+3
100
Resist'd, gold, 7s, 1902. *12s%
‘Lake Shore—
Collateral Trust, Os...
! Cent.Ia.—Coup, deb.certs.)
Sinking fund, Os, 1929..• 110 112%
M. S. it N. 1., s. f.. 7s
101% 102%
do
Cli. St.P.it M.—L.gr.inc.,6s
58,15)07
Sink, fund, 6s, 15)25), reg
Cleve.it 'Pol.—Sink’g fd. *103%
112%
110% Cliic.it E. Ill.—Inc., 1907,
Kans.Pac.—1st, 6s,’95 *108
Sinking fund, 5s, 1929.. 102 103%
New bonds, 7s, 1886.. *103 j
1 10
BesM.it Ft.l).—1st,iuc.,6s
1st, 6s, 1896
*108
Sink, fund, 5s, 1925), reg
Clove. P. & Ash.—7s.-...?lll • —
103
Dct. Mack, it Marq.—Inc.
Denv.Div.Os.as’d, ’95) D'2
Sink’g fd. del)., 5s, 1933
92% 93
Buff, it Erie—New bds i US ;
81
1st, consol., 6s, 1919
16*
E.T.V.itGa.—Iue.,0s,1931
Eacanaba it L.S.—1st,6s
Kal.it W. Pigeon—1st..1
Elizab. ('.it Nor.—2d, inc.
,
1
C.Br.lJ.P.—F.c:, 7s, ’95
DesM.it Min’ap.—1st,7s
1 Jet.M.itT—1st,7s,1906 *
At.C.it P.—1st,69,1905
*15"
128
20**
1
5)0
sGr.BayW.it
St.P.—2d,inc.
Iowa Midland—1st, 8s..; 125 j
!i
At. J. Co.it W— 1 st, 6s *
! «9% Ind. Bl. it W.-Inc., 1919
; Lake Shore—Div. bonds 120 j
Peninsula—1st, conv. 7s *120
......
Consol., coup., Ist.Ts.*
tl29
Oreg. Short L.—1st, 6s
70% 85 j Consol., iuc., 6s, 1921...
Chic.it Milw’kee—Ist.Ts
124
i
Consol., leg.. 1st. 7s...I
Ind’sDec.it Spr’d—2d,inc.
Ut.So.-Gen., 7s, 1905 )
j!25 ;
95 1105
Win.it st.P.—1st, 7s, ’87 107 il()S%
Consol., coup., 2d, 7s..!
i
Exten.. 1st, 7s, 1909
123 !
Trust Co.’certificates
! *75
95 1105
2d, 7s. 15)07...
'121 %
Consol., reg., 2d, Vs ...j 120 ;
Leli.
it Wilkesl). Coal—’88
\ ^Io. I’ac.—1st, cons., 6s.
96% 5)5)%
Mil.* Mad.—1st,6s,1905
'
Long Isl. RR.—1st, 7b, ’98 *
3d, 7s, 1906
1
120 j
"23**
|110% Lake E.it W.-Inc.,7s,’99
C.C.C.it Iml’s—1st,7s,s.fd. 118 I
I‘ac. of Mo.—1st, Os...
1st, consol., 5s, 1931
102 :
1
104%'..
Sand’ky Div.Consol. 7s, 1!>14
*115
ll’J
Louis. West.—1st, 6s
! Laf. Bl.it jM uu.—Inc.,7s,’95)
|
!
2d, 7s. 185)1
Consol, sink, fd., 7s,l914
!
Louisville it Nasliville— |
St.L.it S.F.—2d, 6s, Cl A
!101
Mil. L. Sh.it W.—Incomes
75
General consol., 6s, 1934
i
; 108
Consol., 7s, 185)8
99
...J 116% 118 j
Mob.it O.—lst.prf., debeu.
3-6s, Class C, 1906
70
C.St.P.M.it O.—Consol. 6s 112 ,113
C’ecilian Rr’ch—7s, 1907
'100
3-6s, Class B, 1906....' 97 "i
30
2d, pref., debentures
'
!
C.St.PitM.—1st,6s, 15)18 *114 118
it Mol).—1st,6s, 1930
I
1st,
6s,
Pierce
C.
O
<fe
3d,
35
pref., debentures
No. Wis.—1st. 6s, 15)30.!
j*
'M
l*
1
2d, 6s, 1930
! 82%
98
4th. pref., debentures ..! *22
Equipment, 7s, 185)5.. V
Bt.P.& S.C.—1 st,6s, 1919 115% 117
E. ll.it N.—1 st, 6s, 1919 *103
Gen’l mort., 6s. 15)31..
105% N.Y.Lake E.it W.—Inc. Os
Chie.it E.I1I.—1st,s.f.,cur. 100 {103
So. Pac. of Mo.—1st,6s 103
General, 6s, 1930
105 1 N.Y.P.it O.—1 st,inc.ac.,7s
! 85 j 90
"50**
Chic.St.L.it P.— 1st,con.5s
! 92
Pensacola Div.—6s,1020 '
'
j: Tcx.it Pac.—1st, 6s,1905 *95
8
!,Ohio
Cent.—Income, 15)20
Chic.it Atl.—1st, 6s, 1920!
f
St. L. I)iv.-*l8t, 6s, 1921i
L.
*91
Min’l Div.—Inc.,7s, 1921
>104%
Consol., 6s. 1905
2d, 6s, 1923
!..
Income
it
Id. gr., reg..
2d, 3s, 1980
' "
I
“
Ohio So.—2d inc.. 6s, 1921
15
40% 41
Clnc.itW.Ind.—1st, s.f., 6s
Nasliv.it Dec.—1st. 7s.
1st,Rio G.Div.,6s, 1930
54% 55
Ogdens.it L.C.—Inc., 1920
Gen’l mort., 6s, 1932
I..
S.it N.Ala.—S.f.,6s,1910!
I PeoriaD.itEv.—Inc., 1920
25
Pennsylvania RR.—
40
Col.it Green.—1st, 6s, 1916;
Leban’n-Knox— 6s, 1931;
Pa.Co.’s guar. 4 %s.l st.cp
! 96%
40
Evansv.Div.—Inc., 1920 *.
2d, 6s, 15)26....
I
I..
Louisv. C.it L.—Os, 1931
*97
Registered, 15)21
%
I; Peoiia it Pek.Un. Inc.,Os'
Col. H. Val. it
Trust bonds, 6s, 1922.
76 I 7
80
85
Tol.—1st,
5s
PittC.it St. L.—1st, c.,7s
"
*40
"45**
j
'Roch.it Pittsb.—Inc., 1921 i
Del. L.it W.—7s.conv., ’92
'120
L.Erie it W.—1st. 6s, 15)19 *.
112
85
1st. reg., 7s, 1900
L.
I Rome W. it Og.—Inc., 7s.' *33
133
Mortgage 7s, 15)07
I
Sandusk}- Div.—6s, 1915)
2d, 7s. 1913
52
So.Car.Ry.—Inc., 6s, 15)551 *.
-
—
'
.
'
.
.
( l
i
I
1
11
..
-----
-
....
...
-
....
....
......
:li
....
,
.
'
8yr.Biug.it.N.Y.—1st,7s
Moirisit Essex—1st, 7s
134
i
a
(V
,
....
.
...
i
......
....
Or!
...
...
.
-----.
.
.
—
\r
\*
l’.
13
1
.
1 (1 1
'
.
i
’
-
...
-
•
,
..
,
—
.
.
....
■
...
---•
.
Laf.Bl.it M.—1st. (is, 1919
Louisv.N.Alb.ifcC.—1st, Os
Manliat. B’cli Co.—7s, 1905)!
N.Y.itM.B’h—lst,7s,'97|
..
......
......
.
rr
1
—
*80 "
85
*No prices Friday; these are latest quotations made tliis week.
-
"su"
96
Pitts.FLW.it Chic.—1st
*4*5**
-
THE CHRONICLE.
616
Quotations in Boston, Philadelphia and Baltimore.
New York Local Securities.
Insurance Stock List.
[Prices by E. S. Bailey, 7 Pine St.]
Bank Stock List.
Marked thus (*)
not National.
are Par.
Ask.
Bid.
126
100
25
Amer. Exchange...
Broadway
Butchers’ & Drov’s’
Central
2fe0
25
100
100
Chase
25
Chatham
•'OO
Chemical
23
Citizens’
10..
City
100
Commerce
100
Continental
Corn Exchange*.... 100
25
F.RHt River
25
Eleventh Ward*....
100
Fifth
100
100
First
100
Fourth
30
Fulton
50
Gallatin
100
Gartield
75
German American*.
German Exchange* 100
Germania*
100
25
Greenwich*
100
Hanover
100
Imp. & Traders’
50
Trving
Leather Manuf’rs’.. 100
50
Manhattan*
M fl.ri p e
100
100
Market
25
Mechanics’
25
Mechanics’* Trads’
■Mercantile
100
Merennnts*
50
50
Merchants’ Exch...
100
Metropolis*
100
Metropolitan
100
Murray Hill*
*
50
Nassau*
100
N ew Y ork
New York County . 100
N. Y. Nat, Exch.... 100
100
Ninth
70
30
North River*
25
Oriental*
*50
Pacific*
100
Park
25
People’s*
20
Phenix
50
Produce*
100
Republic
100
St.’Nicholas*
Seventh Ward
100
100
Second
100
Shoe & Leather
State of New York* 100
100
Third
40
Tradesmen’s
50
Union
100
United States
Wall Street
50
West Side*
100
......
......
......
—
,34
270
...
158
..
125
180
.
......
......
...
......
400
German-American
......
165
120
135
130
Germania
Globe
150
1.55
250
.....
......
150
.....
.
....
.
......
—
......
122
_
95
130
150
......
......
......
......
......
..
tins ami
100
100
50
50
25
100
Guardian
15
Hamilton
50
Hanover
-....
100
Home
50
Howard
100
Irving
30
J efferson
Kings C’nty (Bkn.l. 20
40
Knickerbocker
Long Isl’d (B’klyn) 50
25
Manufac. & Build.. 100
25
Mecli. & Traders’
Mechanics’ (Bklyn) 50
Tvr erenn tile
50
1\f erelinrita’
50
Montauk (Bklyn.).. 50
50
Nassau (Bklyn.) ...
37*2
National
35
N. Y. Equitable ...
100
N. Y. Fire
50
Niagara,
25
N orth River
25
Pacific
100
Park
20
50
People’s
50
Phenix
25
50
Standard
100
Star
100
25
Stuy.vesant
25
Tradesmen’s
25
United States
10
Williamsburg City. 50
......
158
145
130
„
„
,
135
60
110
135
135
55
60
120
200
..
85
100
70
100
80
105
60
105
105
145
85
150
80
120
105
170
100
1 55
108
140
115
4
120
100
65
63
125
1 75
117
70
125
120
200
133
j 25
210
1
::::::
«*
;
Railroad Stocks and
1 ®
1
J
Brooklyn Gas-Light
Citizens’ Gas-L. (Bklyn).
Par.
25
20
1,000
•
Jersey City & Hoboken..
Manhattan
Metropolitan
Bonds
Mutual (N. V.)
Bonds
Nassau (Bklyn.)
Scrip
New York
.
People’s (Bklyn.)
Bonds
Bonds
Central of New York
Williamsburg
Bonds
Metropolitan (Bklyn.)...
Municipal
Bonds
Fulton Municipal
Bonds
Equitable
Amount.
Period
| |
2,000,000' Var’s j
1,200,000; Var’s
I 315,000 A. &G.
ft
Bonds.
«
Bid.
MavlO,’84 130
Jan. 1, ’84 I
_
3
3
3
Date.
*
*2 Apr. l,’8i 107
50 2,000,000, F.& A
11* eb. 1, ’84 115
20 I
750,000 J. & J.i 7 Wan. 1, ’84160
50 4,000,000 J. A .7. 5 |Apr. J,’841
100 2,500,000 M.&N. 5
;Mayl3,’84j......
107
500 )
750,000 F.& A. 3
100 3,500,000' Quar. 2 ty Apr. 10 ’84 130
1002
100
1,000 1,500,000 M. & N. • 6 j
3
25 1,000,000 Var’s
Sept. 1,'82 100
Var’s I 700,000' M. AN. 2^; May 1,’84
00
100 !4,ooo,ooo|m.&n. 5
May 1, ’84; 150
3
J
an.
10 j 1,000,000 J. & J.
,’76; 80
1,000 I 375,000 M.&N.! 3 Hi; May 1,’84|106
Var’s f 125,000 Var’s ’ 3
Apr. 1, ’84 95
50 ! 466,000 F.& A. I
Feb., ’8 4 70
50 1,000,000 i Quar. i 2 Ha Apr. 21’84
1,000 .1,000,000'A. & O.i 3 Apr. 1, ’84 105
90
100 1,000,000 M.&N. 3
Jan. 1. *84
Mch. 7.'84 210
100 3,000,000
| 5
:
6
1888
107*2
750,000, M. AN.;
100 i3,ooo,ooo.:
1
108
300,000! J. & J. 6
Too 2,000,0001
90
1
.....
...
Ask.
133
02
110
120
170
280
235
110
133
104
155
83
110
100
85
128,
108
04
214
110
140
112
05
|Quotations by IL L. Grant, Broker, 145 Broadway.]
Bl’ckerSt.& Fult.F.—Stk
1st moi t
Er’dway & 7th Av.—St'k.
1st mort
100
1,000
100
1,000
Brooklyn City—Stock
1st mort
10
1,000
Bklyn. Crosst own—Stock
100
’84; 23
25 Si
900,000 J. & J.
34 J an.,
J uly. 1900 111*.. 113 Si
700,000 J. & J. 7
A pfil
1 65
’84 158
2,100,000 Q .—J. ‘J
.
J line, 1914 103
1,500,000 J. & 1). 5
2,000.000 Q —F. 3*2 May, ’84 210
105
215
Jan., 1902 TOO
April '84 155
Jan., 1888:105
Alav, ’84 160
1 10
165
112
165
800,000 J. & 7.
200,000 A. & 0.
400.000 J. & J.
500,000 Q —F.
600.000 Q .—J.
250.000 M &N.
1st mort. bonds
Busbw’kAv. (Bkln)—St'k
Central Cross town—Stk.
1st mort
Cent.Pk.N.cfc E. Iliv.-Stk
Consol, mort. bonds
1,000
1,200,000
Christ’pli’r&lOth St—Stk
100
650,000
250,000
Bonds
Scrip
St.F’ry—Stk
1st mort
Second Av.—Stock
3d mort
Consol
Sixth Av.—Stock tfc
1st Inert
Third Av.—Stock
1st mort
100 i 1,800,000
100 1,200,000
500tfco.
900,000
100 1,2(10,000
100 1,000.000
100 1,000,«!()()
100
748,000
100
500
100
1,000
1,000
scrip
Twenty-third St.—Stock.
1 <»t mort.
1,000
1,000
Houst.W.St.&P.F’y—Stk
*
100
100
1,000
LryDk.E.B.& Bat'y—Stk
1st mort., consol
Scrip
Eighth Av.—Stock
42d & Gr’nd
1st mort
1,000
236,000
250.000
500,000
1,862,000
150,000
1.050,000
100
1,500,000
1,000
500,000
100
2,000,000
1,000
2,000.000
100
l.noo
600,000
250.000
Q .-J.
J. & D.
F. & A.
A. &o.
Q —F.
J. & D.
F. & A.
J.
Q
F & A.
M &N.
A. & O.
(J -F.
J. & J.
J. & J.
A. &o.
M &N.
M .& S.
J. & J.
Q .—F.
J. & J.
F. & A.
M & N.
This column shows last.dividend on stocks,
5
4
7
O
,
1*2 April
6
‘J
7
,
’84! 145
Nov.. 1922:111
’84:140
April
Dec., 1902 120
2*v, Feb.. ’8 4! 137
7
Oct.. 1898!! 10
2H, May, ’84,210
J uno, ’93,114
7
19 14
0
105
2*2 April ’84 265
6
1914
105
Feb.,
6
May, ’84 250
7
April ’93 112
2
May, ’84:110
J uly,
7
’94 111
5
J an.,
’84 200
7
April , ’85 101
’88 107
7
Mov,
10
Mch.
’84 320
7
inly, ’90 110
4
May, ’84 275
7
Jan., ’90 111
4
Feb., ’84 17()
7
’93 110
May.
,
but date of maturity
ou
155
112 Si
143
121
142
116
220
116*2
110.
285
110
265
117
113*2
208
103
108
335
115
280
113
176
113
bonds.
Ask
109
Cons. 5s, 1895
rthaea&Ath.—1st, gld.,7s
Junction—1 st, 6s, 1882...
2d, 6s, 1900
95
92
91*2
43
Leh.V
Pac.—7s
-----
96
Sonora—'7 s
STOCKS.
Atchison tfc Topeka
Boston tfc Albany
..
Cheshire, preferred
Chic, tfc West Michigan..
Cons.
Concord
Connecticut River
Conn, tfc Passumpsic
Cons., 6s, coup.,
60
35
12
-
*23"
100 Si
.......
*77*' "so"
30
""!*
Manchester tfc Lawrence.
20
70
145
Debenture coup.,
1
Scrip, 1882
Couv., 7s, R. C., 1893..t
Conv. 7s, cp.off, Jan.,’80
Phil. Wil.tfc
85
85*2
45
75
*50 *
65
1526*"
Potts.—7s
110
Val.—1st, 7s, 1909
Gen’l 6s, 1921.
Income, 6s, 1923
Shell.
78
Income, 5s, 1914
Sunbury tfc Eric—1st, 7s.
Sunb. Haz. <fc W.—1st, 5s
2d, 6s, 1938
....
94
30 *■
■*95**
50
Syr.Gen.tfc Corn,—1st, 7s.
Union tfc Titusv.—1st, 7s.
To«
United N.
J.—Cons.6s,’94
6s, gold, 1901 —
6s, gold, 1908
Gen., 4s, old, 1923
Cons.
Cons.
1st, 7s,
"o'
Preferred......
......
57
Lehigh
ii(i
m
i'df
..
80
105
115
Greenw’d Tr., 7s, reg...
Morris—Boat Loan rg.,’85
'Pennsylv.—6s, cp., 1910..
58
Huntingd’n tfc Broad Top
Preferred
*
Schuylk. Naw— lst.Os.rg. ibo"
Lehigh Valley
Preferred
;
Little Schuylkill
Minchill tfc sell. Haven...
•
63 *2
67 Si
55
Pennsylvania
Philadelphia tfc Erie
Pliila. Ger. tfc Norristown
Pliila. Newtown tfc N.Y..
Pbila. tfc Reading
Pliila. tfc Trenton
Pliila. Wilm. tfc Balt
Pittsb.Cin.tfc St. L.—Com.
BALTIMORE.
66
55 T
Gap—1st, Ts, 1893.
1st, 6s, 1905
Consol., 6s, 1913
Buff. N.Y.& Phil.—1st,6s
2d, 7s, 1908
180
•
72
ls7
“*•'
134
*
50
9
52
9*2
'Pittsburg tfc Connellsville
Western M ary land
50
15
*15*9
Parkersburg Br
Central Ohio—Com
50
......
Inc
Balt.tfcOhio—6s..’85A.tfcO
1.92*2 Con. Ohio.—Os, lst.M.&S.
'Chari. Col. tfc Aug.—1st..
2d
Cin. Wash, tfc
45
1*12" ii'f’
Balt.—lsts.
j 2ds
Columbiaifc Greenv.—lsts
2ds
.'
No.Central—6s, ’85, J.&J.
16**
Allegli. Val.—7 3-10s, ’96
7s, E. ext., 1910..
Inc. 7s. end., coup., ’94 *15"
Aslitab. tfc Pittsb.—1st,6s
1st. 6s, reg., 1908.......
12*6**
Belvid’e Del.—1st,6s,1902
ioi
2d, 6s, 1885
3d. 6s. 1887'
100
j
44*2
.
Par
—
West J ersey
West Jersey tfc Atlantic..
CANAL STOCKS.
Schuylkill Nav.. pref...
RAILROAD BONDS.
98
-----
...
Ti *; Tic j RAILROAD BONDS.
I Atlanta & Chari.—1st....
United N. J. Companies..
West Chester—Cons. pref.
Lehigh Navigation
Pennsylvania
1907
RAILR’I) STOCKS.
Atlanta tfc Charlotte
Baltimore tfc Ohio
1st pref
2d pref
Norfolk tfc West’n—Com.
Preferred.'.
Northern Central
North Pennsylvania
2d, 6s, reg.,
!
50Si
Nesqueboiling Vailed
rnmmm
ibo"
Naw—6s,reg.,’84. ioi *2
Mol t. HU., reg., 1897
Cons., 7s, reg., 1911
"40"
115
113
■
6s, P. B., 1896
Gen.. 7s, coup.. 1901
CANAL BONDS,
dies, tfc Del.—1st, 6s,1886
5J
ill"
1899
Cous. 6s, 1909
W. Jersey tfc At 1.—1 st ,Gs,C.
Western Penn.—6s, coup.
"23"
1st preferred
2d preferred
Delaware tfc Bound Brook
East Pennsylvania
Elmira tfc Williamsport..
•••••«
Warren tfc F.—1st. 7s, ’96
West Chester—Cons. 7s..
W. Jersey—1 st, 6s, ep.,’96
Asliiabulatfc Pittsburg..
Preferred
Bell’s Gap
Buffalo N\Y. tfc Phil
Preferred.
Camden & Atlantic
Preferred
Catawissa
78
••••»«
Bair.—4s.tr.ct
ShamokinV. &
.
RAILROAD STOCKS, t
Allegheny Valley
6s, 1900, A. & O........
6s, gold. 1900, J.&J....
5s, Series a
5s, Series B
Pittsb.&Con’ells.—7sJ & J
Union HR.—1st, gua.J&J
•
Canton endorsed
Virginia & Tonn.—6s
—
W.Md.—6s,‘ 1st, g.V J. & J
Cons. 6s. 1921
1st, Tr. 6s. 1922
Wil. &
t Per share.
109H 111
86
102
101
108
95
100
64 34 65*9
31 68 33
99 34 100
67
63
99
102*2
116
......
117
117*2
122
104
103
123
*
i’02”
120
112
Wemon—Gold, 7s.
$ In default.
}
102*4
130
....
•
2d, guar., J.&J
2d, guar, byW.Co.,J.&J.
6s, 3d, guar., J. & J
Wilm. C & Aug.—6s
Ex-dividend
TT ::::::
Pitts.Cin.& St.L.—7s, reg
Pitts. Titus. & B.—7s,ep.
PHILADELPHIA.
*
i'o'S**
1893J;
1
75
14‘-i"
Rutland—Preferred
Revere Beach tfc Lynn ...
Tol. Cinn. <fc st. Louis—
Vermont tfc Mass
Worcester tfc Nashua
Wisconsin Central
Preferred
&Erie—2d,7s,cp.,’88 111*2
1st ser.,c.,l 922
2d ser.,c.,1933
Couv.Adj. Scrip, ’80-881
112*2
19
1905...
Cons. 5s,
Cons. 5s,
17*2
Maine Central
103
123
122
119
119
105
122*0
129
101
Cons., 6s, 1920
Cons., 5s, 1920
Pliila. Newt. & N.Y.—1st
iPhil. & R.—1st, 6s, 1910..
2d, 78, coup., 1803
Cons., 7s, reg., 1911 ....
Cons., 7s, coup., 1911..
Cous., 6s, g., 1.R.C.1911
Imp., 6s, g., coup., 1897;
Gen., Oh, g., coup., 1908;
Gen., 7s, coup., 1908....
Income, 7s, coup., 1896|
tfc No., prof.
27
99*2....;
7,1906
Perkiomen—1 st, 6s,cp.’87
Phil
Connotton Valtey
116*4
22;!.j
100
Cons., 5s, reg., 1919
Pa. & N. Y. C.—7s, 1896.
169
Eastern, Mass...'.
Fitchburg
Flint tfc Pero Marquotte.
Preferred.
Fort Scott tfc Gulf
Preferred
Iowa Falls & Sioux City.
Kail. C. Springf. tfc Mein.
Little Rock tfc Ft. Smith.
Louisiana tfc Mo. River..
Preferred
103 *a
Gen , 6s, cp., 1910
Cons., 6s, teg., 1905....
160
10
Sandusky & Cleve.
6s, C.& R., 1923..
Pennsylv.—Gen., Os, reg.
73*4
*73
174
Boston tfc Lowell
Boston & Maine
Boston & Providence
121
133
125
—lst,6s,C.tfcR.,’98
160*«j N. O. Pac.—1st, 6s, 1920.
No. Penn.—1st, 6s, cp.,’85
2d, 7s, cp. 1896
Gen., 7s, 1903
Debenture 6s, reg
Norfolk & West.—Gen..6s
118
N. R. Div., 1st, 68.1932
Oil
tfc Chic.—1 st, 6s..
'97*’ 'Oil City
Creek—1st, 6s, coup..
..
Bell’s
127
91
2d, 7s, reg., 1910
89"
L.Ch.—Con.Gs
Det. Lansing
125
105
&Wmsp’t-l st.Gs, 1910 iiT*
100
perpetual. ..
110*4 110*2 Harrisb’g—1st, 6s, 1883..
110
H.&B.T ^-lst, 7s, g., 1890 116*
Val.— is..
Rutland—Gs, 1st
Cinn.
Ant.,deb. 6s,
i Delaware- Gs, rg.& cp.,V.
(Del & Bound Br —1st,7s
East Penn.—1 st, 7s, 1888
5s,
K. City Lawr. & So,—6s..
K. City St. Jo. &C. B.—7s
Little R. <fc Ft. S.—7s, 1st
K. City Sp’d tfc Mem.—6s
Mexican Central—7s
Income....
N. Y. <& N. England—6s..
Income
Old Colon}'—7 a
6s
Pueblo & Ark.
ii7*
El
EasL’rn, Mass.—6s, new..
Fort Scott & Gulf—7s....
Ogdensb.&
122
Cliart’rs V.—1st, 7s, 1901
Counect’g 6s, cp., 1900-04
108 *a
Easton&Amb’y—5s, 1920
Nashua tfc Lowell
N. Y. tfc Now England ...
Northern of N. Hampsh.
Norwicli tfc Worcester...
Old Colony
Portland Saco tfc Portsm.
[Gas Quotations by GEo. H. Puextiss & Co., Brokers, 11 Wall Street.]
Bonds
Harlem
<
Conn, tfc Passumpsic—7s.
Connotton Valley—6s
5s
7s
N. Mexico & So.
Cam. & Burl. Co.—6s. ’97.
Catawissa—1st, 7s, con. c.
Chat. M., 10s, 1888
New 7s, reg. & coup
Cor.Cowanifc
115
Marq. Hought’n tfc Onton.
109
170
Atl.—lst,7s,g.,’93
2d, 6s, 1904
Cons., 6 p. c
Cam. <fc
...
Preferred
City
GAS COMPANIES.
Atlantic & Pacific—6s
106
10 4
117
Mort., 6s, 1889
117
Nebraska, 6s. Exempt
Nebraska, Gs.Non-ox’pt
Nebraska, 4s
115
150
90
60
120*2
7s.
Atch. & Topeka—1st,
Land grant, 7s
Income
Boston & Maine—7s
Boston & Albany—7s —
6s
Boston & Lowell—7s
6s
Boston tfc Providence—7s
Burl. & Mo.—Ld. gr., 7s.
240
110
230
Bid.
Amboy—6s, c.,’89
Cam. &
BOSTON,
Ask.
250
80
100
115
85
80
113
210
140
115
290
65
115
145
140
65
70
130
210
90
110
75
108
90
112
65
110
110
150
95
160
95
130
110
180
108
70
110
295
130
Greenwich
......
.....
..
.
145
120
120
70
225
230
70
90
107
80
SECURITIES.
Buff.Pitts.tfc W.— Gen.,6s
150
113
153
175
170
150
125
125
90
165
17
20
70
City
100
Clinton
50
Commercial
100
Continental
40
Eagle
100
Empire City
30
Exchange
Farragut........... 50
17
Firemen’s
10
Firemen’s Trust....
Brooklyn
Citizens’
180
150
Bid.
140
108
145
165
50
American
Amer. Exchange... 100
25
Bowery
25
Broadway
....
170
100
Par.
COMPANIES.
Ask.
Bid.
SECURITIES.
PRICE.
PRICE.
COMPANIES.
fVou xxxvm.
Ex-rights.
•
«.••*
113
130
THE CHRONICLE.
1884.]
May 24,
RAILROAD
EARNINGS.
railroad earnings and the totals from Jan. 1 to
latest date are given below. The statement includes the gross
earnings of all railroads from which returns can be obtained.
The columns under the heading “January 1 to latest date” fur¬
nish the gross earnings from January 1 to, and including,
The latest
KL.CRkAFt
the
period mentioned in the second column.
Latest
Earnings Reported.
Roads.
Week
or
Mo
Ala. Gt. Souther d April
a Atcli. T.A S.Fe March
1384.
1883.
$
$
84,500
Buff.N.Y.& Phil. February..
Canadian Pacific
Central Iowa ...
Central Pacific..
Chesap. & Ohio.
•EUz.Lcx.&B.S.
73,414
1,404,050 1,415,514
179,230
41,921
‘
Chicago & Alton
Chic. Burl. & G.
Chic.& East. III.
Chic.& Gr.Trunk Wk Mar. 8
Chie. Mil. & St.P. 2d wk May
Chic. & North w. 2d wk May
Ch.St.P.Min.&O. d wk May
Chic. & W. Mich 1st wk Mav
Cin. Ind. S t. L. & C April
On. N. O. & T. P. April
Cin. Wash.&Balt. 2d wk May
Clev.Akronol 2d wk May
.
00,057
458,000
431,500
113.500
30,033
193,509
211.495
27,801
8,508
59,003
448,083
410.800
98,900
28,202
Clev.Col.C.& Ind March
Banbury & Nor. February..
318,714
Denver A Rio Or. March
Des Mo. A Ft. D. 2ii wk May
Det.Lans’gANo. 1st wk Mav
Dub.&SiouxCity 2d wk May
March
Eastern
453,005
0,142
28,705
20,297
17.080
19,526
207,004
E.Tenn.Va.&Ga.
Evansv. & T. II.
Flint & P. Marq.
Flor.R’way A N.
Ft.Worth A Den.
Grand Trunk...
Gr.BayW.ASt.P.
Gulf Col. ASanEe
Hous.E.&W.Tex
April
2d wk May
2d wk May
2d wk Ma
Ithwk Arr
Wk May 10
2d wk Mav
1st wk May
April
....
b IU. Cent. (Ill.)- 2d wk Mav
Do
(Iowa) 2d wk May
Ind. Bloom.A W. 2d wk May
Ft.S. A Gulf Ist.wk May
Kan. C. Sp & M. 1st wk May
Kentucky Ccnt’l February..
Lake Erie A W.. 1st wk May
Smith April
JLRk.M.Riv.AT. April
2d wk May
Louisv.&Nashv. 2d wk May
Mar Hough. & O. lstwkMay
Memph. A Chari. April
Mexican Cent.e. April
Mex.Nat., No.D. lstwkMay
19,131
10,800
0,400
305,'■<57
7,080
31,719
19,350
187,300
3,743,424
3,514,812
344,959
945.805
1,293,297
340,307
915.967
1,324,777
503.469
0,625,000
1,156,603
209,7 19
2,842,033
5,725,261
511,028
521,030
7,400.000
7,430 218
1,911,000
52 1.059
347,840
7,059
31,038
24,884
3d wk Apr.
2d wk May
2d wk May
March
March
9,900
10,440
21,740
144,018
483,173
7,541,357
7,346,983
1,066,364
508.262
01,699
314,790
705,003
1,2
18,2011
241,5071
502.620
.
371 145
786.COS
1,248,236
252.735
913,792
927,575
397,570
331.225
1( >1,900
121.000!
5,783.521' 6,484.604
128,0341
137.973
500,290
5b7,Sll
i
101,030
3,819', 026
685,22*5
1,043,* 28
621,7s 5
95,378
155.280
169,292
107,268
732,002
134,543
696,401
4,803,491
4,697.969
102,013
82,959
43!),249
805,130
398,930
670,107
..
March
March
March
April
April
April
April
Va. Midland
West. No. Car.! April
2(1 wk May
9,800
18,325
109,151
170,000
188,107
128,860
25,202
5,881
183,795
162,005
334,315
331,906
373,937
3,977,289
4,031,029
709,584
792,473
360,158
132,910
698,167
760,250
22,354
758,759
779,703
2,505,740
•820,388
1,000,447
2,808,485
840,323
211,773
958,958
277,6s9
267,295
1,271,023
4,063,700
358,505
1,492,983
2,377,252
320,220
101,435
13,070
199,899
13,504
308,009
1,450,ISO 1,609,241
274,813
747,007
4,192,869
731,904
914,405 1,100,483
207,409
317,181
54,816
52,953
45,728
43,092
125,825
130,841
21,766
33,838
21,959
11,071
133,103
120,024
19,457
18,147
30,370
34,202
2,193.417
2,850,204
1,273,954
235,402
March
St.Johusb.AL.O. March
St.L. Alton AT. H. 4thwk Apr
Do
(brehs.) lstwkMay
12,92<
10,528
Bt. Louis A Cairo 2d wk Apr
0,811
5,000
BtL. Ft. S. & \V 2d wtc May
8,470
4,431
Bt.L ASan Fran. ^d wk May
80,054
08,459
Bt. Paul A Dul’th 2d wk May
22,171
22,093
BtP.Min.A Man. April
812.010
804,999
Bouth Carolina April
78,950
73,310
Bo.Pac.Cal ,N I). February..
72,979
72,045
Bo So. l)iv./. Fcbruai y.
279,920
207,613
Do Arizona/ February.
152,101
101,782
_Bo N. Mex.f. February.
49,340
54,7c 2
4thwk Api
13,352
March
1,972,712 2,391,758
March
81.599
101,609
271,359
234,070
406,909
129.182
358,219
327,540
50,163
481.432
280,775
71,349
108,999
1,580,175
328.795
2,301,533
416,904
152,352
.
577,S7(
318,170
109,580
241,848
........
April
West Jersey
a
5,059,539
232,315
29,237
101 243
April
30,104
5,580
3.151
March
82,493
76,349
124,74 8
12 4,673
43,398
218,979
492,060
April
Includes Southern Kansas lines
m
both years,
241,906
923,472
4,731,878
3,035,021
1,208,828
301.723
297,782
467,616
95,580
127,822
327,045
49,487
496,228
285,913
94,302
61,254
1,274,626
342,328
2,421,205
494,923
159,034
579,659
341,7s3
105,920
5,93 i*.836
302,739
169,336
28,924
200.723
441,141
b Includes Southern
Blvision.
c Includes
Iron Mountain Railroad.
d Not including
earnings of New York Penn A Ohio road.
e Including both divisions.
/Included in Central Pacific earnings above.
0
Embracing lines
Republic
Chatham
in Missouri, Arkansas and Texas.
4.173.900
1,509,000
3,077,800
9.2.50.600
3,05-,500
10,992,000
2.656.400
2,209,000
2.830.100
2.509.900
3,030,000
5,113,5()0
5.361.100
.’
...
Citizens’
Nassau
Market
St. Nicholas.
Slice & Leather..
Corn Exchange
...
Continental
Oriental
2.138.100
Importers’* Trad.
18.121.900
Park
18,381,700
Wall Street
1.595.900
North River
1,506,000
East River
1,181,3()()
Fourth National..
16,006,300
Central National..}
8,016,000
Second National..
3.142.900
Ninth National...'
5.986.900
First National
Third National
N. Y. Sat. Exch..
Bowery
Y. County
N.
Chaso National...
Fifth Avenue
German Exch’nge.
Germania
United States
Lincoln
Garfield
Fifth National....
Total
358.400
4,399,900
213.100
472.300
498.200
-
256.300
14,922,000
848,100
5.314.300
7.131.200
2,674,000
2.688.900
i.867,4 00
404,000
H)0!
547.500
282,000
2,209,600
355.700
1,166,000
537,000
138.800
413.600
221,200
91,700
4.103.700
1.779.700
391.300
473,000
333.500
217,000
3.264.400
9,7* 8,000
2.875.800
7.401,000
280,000
219.600
117,5()i»
222.600
212,009
258,000
454.800
335,000
601.300
1,764.100
93,100
201,800
365,000
185.100
577,000
679,4 00
966,000
108.400
7,105,200
202,000
113.100
877,000
1,358,000
218,000
225.000
761.200
349.100
2.611.800
599.300
221.900
102.600
704.700
324.100
286,0{)o
410,000
181,000
66,0oo
1,745,200
1,479,800
447,800
872,400
1.106.500
64,300
197,760
291,600
614,300
221,400
45,000
2,600
520,100
12,200
180,000
45,000
5,400
521*5*0*6
361,300
1,305,000
265.800
3,082,800
2.512.100
2.266.400
2.204.100
3,114,000
431.800
450,000
4.292.900
6.153.400
Woo
1,323*300
2,067,000
22,867,700 ’
21,940.500
45,000
1,248,000
1,422,000
912,160
15,118,100
8,388,000
3,532,000
220,600
360,000
297,000
45,000
5,493,60*
14,911,000
4.293.100
207.000
1.246.500
218.300
73,600
312.500
3,006.700
2.388.100
2.291.300
5.252.500
59,3:0
2.714.800
212,000
220,000
351.600
2.496.500
2.301.500
5.291.700
2.142.400
713,400
1.151.800
415.100
1,014,400
626,600
790,300
17,017,000
333.300
338.
132.100
269,000
1,480,400
155,300485,500'
126,9001
24,000
109.100
2.139.700
4.370.700
2,288,000
7.456.100
1.788.200
1.332.600
1,475,000
102.0:>0!
62,200
1.299.700
1.089,000
2.962.700
844.700
1,266,300
497,000
114.700
588,500
356,300
2.399.800
3,096,800
1.897.600
1.051,000
1,012,200
2.286.300
1.236.100
4.414.900
9,392,000
105,000
150.600
$
450,000
3.582.900
7.637.400
914.500
393.600
567.600
113,100
2.707.700
667,0()0
2.563.600
2.134.100
197.600
107.200
113.100
593,800
449,900
266,000
225,000
180,000
45*00*6
441,300
44,400
180,000
133,700
326,639,800 56,314,100 26,113,100 317.200,700,14,190,200
..
following
are
Loans.
1884.
1,061,700
683,000'
3 48,200 j
563.700
131.800
386,000
158,900
100,5001
123.600
1.964.800
2.488.100
4.216.500
G- rmau-Americ’n.
533,000:
3,302,400
15,181,1 oo
4,(542,1()0
1.535.800
1.989.800
...
The
.
...
Pacific
.......
Oregon & Cal... February..
01,997
57,390
137,491
139,790
Oregon Imp. Co. February
225,133
221,945
489,325
460,452
Oregon R.AN.Co April
399,290
1,300,896 1,430,625
432,000
Pennsylvania... March
4,002,027 4,189,380 11,003,593 11,830,952
Phila. A Read’g
Do Cent.N.J
Do C. & Iron
Richm’d ADanv.
Mercantile
154,050
N.Y. A New Entf March
259,431
290,311
N.Y.L.ErieA W d February.. 1,233,409 1,283,610
N. Y. Pa. & O. February..
330,742
383,118
71.704
N.Y.Susq.AWest March
70,974
Norfolk & West. 17 riysMay
110,811
110,208
ShenandoahV 17 dys M ay
37,201
30,910
Northern Centr’l March
500.SG5
402,504
Northern Pacific -d wk May
202,340
315,500
Ohio Central
lstwkMay
27,508
23,003
01iio& Miss
2d wk Apr.
80,988
92,392
Peoria Dec.AEv. 2d wk May
Pliila. A Erie
March....
Broadway
Peoples’
848.100
429.000
tion.
$
10,143,000
6,662.000
8,1 10,800
7,237,000
1,363,000
1,067,000
663.300
2.493.800
223.400
1,069,000
1,022,400
3,010,200
1.171.700
3.671.400
12,4 23,000
18.952.900
6.499.800
6.838.600
2.398.900
3,704,000
Commerce
1,468,000
1,078.000
1,452,660
Circula¬
other
than U. S.
$
-
(5,826,100
3,089,500
1,042,4 00
2.999.100
4,879,000
1.863.900
Net Deposits
Legal
Tenders.
2,799,000
14,763,400
State of N. Y
Americ’n Excli’ge.
285,727
.
4.343.900
10,349,600
Fuitou
998,181
28,961
1,409,377
102,974
119,008
$
8,483,000
Chemical
Merchants’ Excli.
Gallatin National..
Butchers’ A Drov..
Mechanics’ A Tr...
Greenwich
Leatlipr Manuf’rs.
Seventh Ward....
875,208
4
$
Tradesmen’s
Metropolitan
1,332.070
Specie.
City
179.385
25,740
Discounts.
9,998,000
7,227,000
7.832.700
America
Phenix
Irving
51,199
20,003
250,000
7,800
570.976
Now York
Manhattan Co
Merchants’
Meohanics’
Union
640.263
43,202
49,530
259,305
14,787
101,703
2,786,953
5,633,285
Loans and
597,892
158.320
585,300
919,515!
782,901
313,747
40,731
22,827
30,002
30,310
47,134
237,770
7,907
80,760
186,898
1,141,841
203.976
Average Amount of—
Banks.
North America
Hanover
3,593,9(4) I
52,732
15,003
35,352
7,2881479
New York City Banks.—The
following statement shows the
condition of the Associated Banks of New York
City for the
week ending at the commencement of business Mav 17:
752,003
740,138
35,443
38,318
23.008
425,9 J 2
703,009
785,070
180.029
14.700
April
April
N.O.& Northeast April
330.075
1,900
3
lstwkMay
..
273.322
13.370
52,020
15,7 h9
24.935
Long Island
Southern Div.
Other lines....
Milwaukee &No
Mil. L.Sh.&West.
Minn. & St.Louis
Missouri Pac.c..
Mobile & Ohio
Nash. Ch.A St.L.
244,293
280,832
13.440
53.540
1883.
351,281
193,141
173,110
20,779
9,301
371.478
14,293
548,580
5,118
13,541
1884.
$
147,009
2d wk M ay
43,970
2d wk Mav
103.000
118,000
2d wk May
29,213
27,972
A oril
2,031,Out) 2,050,313
290.307
298.030
April
58 803
April
47,540
2d wk May
149,003
148,403
March
2,100.028 2,390,584
2d wk May
24,247
28,050
Bur.Ced.R.A No.
Jan. 1 to Latest Date.
617
totals for several weeks past:
L. Tenders.
Specie.
Deposits.
Circulation Agg.
Clear'ga
$
$
$
$
$
$
May 3 341,990,500 55.997.100 28,112,800 333,215,000 14,417,500 855,711,696
10 333,421,100 58,841,700 28,069,300 329,822,200 14,190,200 811,776,563
“
17 326,639,800 56.314.100 26,113,100 317,200,700 14,190,200 868,501,086
“
Boston
1884.
Banks.—Following are the totals of the Boston banks:
L,
Specie.
Tenders.j Deposits.* Circulation Agg. Clear*gs
Loans.
$
May 5 14 3,956,800
••
“
12
19
142.570.900
141.709.900
$
1
$
$
4,554,100 94,138,800 23.827,600
4,724,300 91,170,900 23,305,400
4,560,200 00,638,500 23,411,700
$
6,143.200
6,238,600
6,243,300
Philadelphia Banks.are as
-The totals of the
follows:
1884.
Loans.
Lawful Money.
Deposits.*
$
$
May
5
79,175,125
20,083,011
72,427,991
12
79,059,417
20,238,643
72,548,973
“
19
71,981,381
78,826,129
10,434,822
*
Including the item “ due to other banks.”
“
Unlisted
week past:
Securities.—Following
Securities.
Hid.
Am. Safe Dep.—Perp. deb.
Atlantic * Pac.—6s, 1st 31
1 ncomes
Blocks, 35 p. c
Cent. l)iv\, old
Cent. Div., new
Aecumul. land grant
Bost. 11. A E.—Now stock
Old stock
Boat. H.T.A West,—St’ck
Debentures
Buff. N. Y. A Pliila
Pref
Trust bonds, 6s
California Pacific
Chic. A A tl.—Bencf. stock
Continental Const.Imp.Co
Deny. A ltio Grande—Cons
5s
Deuv.A Rio Gr. W
Istm.Gaar.hyD. ARioG.
Light....
Edison Electiic
Georgii* Pac.—Stock
...
12
80
Lebanon
Springs—1st M.
Mexican National
Pr f
1st mort
Mo. Pacific—Old stock
Mut.Un —St’ck trust ctfs
Bid.
......
5
10
a
Ask.
40
414
7 4
4
72
10
16
234
......
8^4
4
72i*
20
3
1
64
10
iPeople’s Telephone
134 •Pittsburg A Western
1 1st mort
*.
62
Postal Telegraph—Stock.
-1st mort., Os
’Postal Tel. A Cable—Stock
25
88
19
80
4
43
.....
......
......
4^4
......
Sel. It. A D.— 1st, stpd ’82
50
| 2d mort., stamped 1882.
27 4 St. Joseph A Western —
1
6
fst Jo A' Par.., 1st mort.
40
2d mo: t
4B
11
......
48
24
.....
50
1
..
......
86
41
16
2--8
10
24
12
17 4
48
90
Tex.
48
t
State of Tenn.—Sot’m’t.3s
Texas
24
nim
) Settlement, 5s
[Tex.ACol. I mp.—Ex-bond
11*4 *15
7
14
90
9
Kans. A Neb., 1st mort.
‘><1
9
latest quotations for
Incomes
Pensacola A A tlantic
8
57
..
—
53,393,299
55,885,629
64,897,979
North Riv. Cons.—100 p.c
Ohio Cent.—Riv. Div., 1st
.
4
4
84
Koely Motor
.
5h
...
$
$
8.491,911
8,496,612
8,175,186
j North. Pac.—Div. bonds..
60
74
3
46
12
20
Circulation.'Agg. Clear'gs
M. t A l\—Income scrip ..
N. Y. ,\r. Un. Tel.—Stock.
N. Y. W. Sh. A B.—Stock.
New Jersey Southern
......
75
Philadelphia banks
Securities.
|
15
89
......
r. B. A W. Income bonds.
ask.
are
$
73,168,847
67,804,253
75,455,787
Pacific—Old
scr
p.
.
.
.
.
•
.
m mmm
m
35
35
St.L.,M.AA.div.,as.p
M.A A. Div., 1st mort..
M. A A. Div., incomes, as p
6s, 1st mort., in Texas..
G**n.
1st, ld.gr. A inc. asp.
T7. S. Electric Light
,VicUsburir A Meridian...
25
3
25
5
1
40
34.
THE
618
CHRONICLE.
1880.
Investments
Other st’eks and bends
and sinking fund....
Advances
Bills and acc’ts ree’ble
“i
AND
RAILROAD
INT E EXIGENCE.
The Investors’ Supplement contains a complete exhibit of the
Funded Debt of States and Cities and ofthe Stocks and Bonds
of Railroads and other Companies. It is published on the
last Saturday of every other month—viz., February, April-
June, August, October and December, and is furnished with.
out extra charge to all regular subscribers of the Chronicle.
Extra copies are sold to subscribers of the Chornicle at 50
cents each. and to others than subscribers at % 1 per copy.
Kansas
7
REPORTS.
on
1881.
$
101,056
xxxvnt.
1882.
*
381,014
115,456
$
161,873
179,815
202,379
75,713
303,057
19,886
33,608
109,168
10,186,368
10,617,444
$
4,000.000
$
4.618,000
2,750,000
2,686,800
Materials, fuel, «fcc
Cash
ANNUAL
rvoL.
hand
1883.
63,278
6-1,183
16^,763
156,610
100,831
__
Total assets
Liabilities—
Stock, common.
Stock, preferred
2.750,000
Fund, debt (see Sup’t) 3,056,000
Bills payable
27,0o0
Aecr’dint.& unp. coup.
63,442
Land income account.
Income account
Miscellaneous
Total liabilities
89,023
200,003
10.580,922
$
112,000
67,161
4,648,000
2,750,000
2,561,900
50,000
81,650
48,404
305,070
58,510
37 6,281
$
4,618.00
2,750,000
2,465/00
68,000
83,040
95,347
446,498
54,572
10,186,368
10,617,444
40,817
10,710,116
184,231
10,580,922
10,740,116
*
City Fort Scott & Gulf Railroad.
(For the year ending Dec. 31, 1883.)
The annual report of this company supplies the following :
The bonded debt of this company has been reduced during
the year by the purchase of $160,400 bonds from cash received
from the Land Department. The net amount to be realized
from the land assets still remaining for the purchase of bonds
is estimated at about $300,000.
The bonded debt of the leased
lines (principal and interest of which is guaranteed by this
company) has been increased during the year 1883 by the sale
of $25,000 Fort Scott Southeastern & Memphis Railroad Com-
Includes Union Depot (Kansas City), $10,076; Short Creek & JoDlin
HR
R.j $104,500; Ft. 8. S. E. & M. RR, $215,500; Rich Ilill
rr“
$180,500, Mem. Kan. <fc Col., $152,016.
year.”
Marquette Houghton & Ontonagon.
year ending February 29, 1884.)
“There have been bought and canceled during the year
$3,000
of the 8 per cent bonds and $21,000 of the 6 per cent bonds of
th6 company, and there still remain applicable to further
purchases—of the 8 per cents, $202,730 with the New England
Trust Company, and of the 6 per cents, $1,367 with the
Farmers’ Loan & Trust Company.
“The amount received from royalties under mining leases is
applicable to the retirement of bonds. This amount in 1882
was $17,794 and in 1883 $3,253, the decrease
resulting from
diminished ore shipments.
The extension from L’Anse to
Houghton, a distance of- 32 miles, has been completed and was
opened for business November 19, 1883. This line is substan¬
tially built and is laid with steel rails. There have been
added to branches four miles and to double track one mile,
making a total construction of 37 miles. Total mileage is—
main line*. 95 miles; branches, 40 miles; total, 135 miles.
**
“In comparing the business of 1883 with that of 1882 it will
be seen that the gross earnings are considerably less; but at
least this percentage of decrease was to be expected in view
of the unsatisfactory state of the iron trade.
The ratio of
expenses to earnings was, however, greater, thus further
decreasing the net earnings. Among the causes contributing
to the large item of expenses are (l) more than ordinary
repairs on equipment and docks, (2) taxes exceeding those of
last year by $8,000, and (3) cost of transporting material for
constructing the Houghton & L’Anse extension; all of which
was charged to operation.
“The extension to Houghton is completed, and will call for no
extraordinary expense; the taxes to be paid this year on the
business of 1883, being based on gross earnings per mile,
should show a large reduction, and the track, equipment and
The following statement, prepared fpr the Chronicle,
gives
the operations and fiscal results, but not including the 50 miles
of narrow-gauge road*prior to 1883 (which
during the year
1882 was widened to standard gauge).
The income account,
ordinary expenditure for construction, equipment or repairs,
so far as can be foreseen, will be required,
except for re-laying
the eight miles with steel to which attention was called under
“
Sany
7 per5 cent
bondsbonds,
and $178,000
Kansasto&inMissouri
ompany
per cent
as referred
our lastRailroad
annual
report.
‘‘FORT SCOTT EQUIPMENT COMPANY BONDS.
“The
largely increased business anticipated for this road
the completion of the Kansas City Springfield & Mem¬
phis road necessitated provision for the use and ultimate pur¬
chase of considerable additional equipment.
A company was
therefore organized under the name of the Fort Scott Equip¬
ment Company, whose bonds, bearing 6 per cent interest and
upon
secured by mortgage upon the equipment itself, dated Dec. 1,
1883, having ten years to run and subject to sinking fund pro¬
visions, for retiring at least one-tenth of the whole amount of
bonds annually, were guaranteed principal and interest by this
company, and offered to its stockholders under circular dated
Sept. 22, 1883. The amount issued to date is $525,000, the total
issue being limited to $700,000.” * * *'
“KANSAS CITY SPRINGFIELD & MEMPHIS RAILROAD.
“After much delay, owing to unfavorable weather and diffi¬
culty in construction, this road
was
opened for through busi¬
about the 1st of November last. It has proved to be a
valuable auxiliary to the Kansas City Fort Scott & Gulf Rail¬
road ; for even in its incomplete state it lias furnished at least
two-thirds of the increased business of that road for the past
ness
however, includes all lines, the difference in net earnings as
being due to a deficit of $6,000 in 1880 and $9,000 in
1881, and a profit of $50,745 in 1882, ou the narrow-gauge road.
In 1883 all lines are included in operations:
stated
1880.
Miles oper.(iucLnar.-g.)
OPERATIONS
Freight
Mail, express, Ac
Total gross
Ifet earnings
P. ct. op. ex. to eaun’s.
1882.
324,371
11,504,719
1883.
4 61,3.-3
334,688
3 37 ets.
13.376.180
17,400,-95
3-19 ets.
787.778
2*88 ets.
744.76IA
50,007,866 75.145,006
1-74 ets.
875,610
92.750,215
844.565
301.190
1,0.6,055
$
427,173
1.157,423
70,450
85,361
501,256
1.373,251
118,603
141,705
54,300
Total expenses
RESULTS.
1881.
1-48 ets.
626,072
Taxes
1883
380
1*54 ets.
earnings. 1,212,364
expenses...
1882.
380
365
VNI) FISCAL
Operations—
1880.
Passengers carried....
257,530
Passenger mileage
8,810,638
Rate per pa«s. r>. mile.
3 37 ets.
Freight (tons) moved..
672,367
Freight (tons) mileage.40,435,c-15
Aver.rate p. ton p.mile
1*71 ets.
Earnings—
$
Passenger
297,310
Operating
188L
305
$
1,503,215
7 68,747
01,704
*
2.016,212
1,178,541
5S-45
830,151
672.764
1,00 V 25
600,574
56*1
55*2
56*0
1,001,504
86,050
837,668
1880.
Net earnings
Interest, Ac
Total income
Disbursements—
Interest on bon Is
Leased lines interest..
Dividends
Rate paid on com
Do
pref....
$
663,001
25,066
750.310
584,130
680.S67
765,370
234,350
$
200,050
*36,036
210,837
125.530
312.700
1 «83.
8
11,360
502,483
51,047
Balance, surplus
8
837,608
15.051
837 668
$
$
1 82,856
162,620
173,203
359,360
350,364
1 -4,003
O
8
S
-
20,330
26,830
24,360
5,211
S.9S0
20,5 0
663,866
740,055
26,001
24,715
.
767,450
70,218
only.
GENERAL BALANCE AT CL'OSE OF EACH FISCAL TEAR.
JL 8 SCtS-
Railroad, buildg’s, Ac.
Equipment
Stocks of leased roads
owned, cost
1880.
$
1881.
1882.
8.011,251
$
8,688,563
$
8,533.430
(.26,805
627,103
744,513
-
662,402
No extra¬
the head of construction.
“The extension to Houghton is doing a good business, which
should improve in another year.
The passenger and freight
traffic have been satisfactory, though the low price of copper
has prevented free shipment.
The company has a valuable
asset in the eighty thousand odd acres of land granted by the
State of Michigan to aid in the construction of this extension.
Comparative statistics for
two years are as
follows:
OPERATIONS ANI) FISCAL RESULTS.
164,010
2,702,884
1,264,-45
31,050,684
$
r
1
Passenger mileage
Freight (tons) moved
Earn ings—
Passenger
112,172
Freight
Mail, express, Ze
1
154,529
2,616,175
980,337
23,438,679
$
108/25
14,403
778.801
14,370
1,152,792
572/20
509,824
1,026,217
,
Total gross earnings
Operating expenses.
5
Nc t earnings.
Per cent of
1883.
1982.
Operations—
Passengers carr'ed
002,159
392,3 5
5651
570,066
operating
expenses
49 09
<o earnings
INCOME ACCOUNT
FOR
18 S3.
13c3.
Net earnings
interest
$392,335
Total income
Disbursemrn's —
Interest on'debt
Dividends, 8 per cent
$393,949
1,614
1883.
$
8,447,049
-886,226
-652,511
$180,103
180,672
$360,780
Total disbursements
$.13,109
Balance, surplus
Louisville New Albany & Chicago.
(For the year ending Dec. 31, 1883.)
From official'sources, the Chronicle has obtained the
statis¬
tics of this
company’s operations and earnings in the year
1883, which have been compiled in the tables below in com¬
parison with the figures for 1882. No annual report has been
published.
ROAD
AND
EQUIPMENT.
1892.
Miles
446
operated
55
Locomotives
Passenger, mail and
648.000
before.
ever
$
«>
Total disbursements.
For four months
1882.
$
O
Sinking fund
Miscellaneous
*
1891.
$
525,015
58,215
$
in better condition than
are
Receipts—
INOOMK ACCOUNT.
Receipts—
docks
Freight (tons) mileage
$
1.703,190
926,: 75
76,750
680,441
531,923
(For the
express ears
Freight and other ears
*.
42
2,251
1883.
471
56
41
2,286
May 24, 1*84. J
THE CHRONICLE.
OPERATIONS AND FISCAL RESULTS.
1882.
•
Passengers carried
Passenger mileage
$
Passenger
Freight
Mail, express, &c
Total gross earnings
Operating expenses and taxes
Net
Liabilities—
1883.
446,237
Stock,
....
387,778
1,142,929
97,776
1,382,974
1,009,537
1,627,883
1,237,848
373,437
395,035
ear.iings
Gu ir. coups, held by
Penna. RR
Interest accrued
$
291,164
1,022,292
69,518
Other receipts
$
390,035
105,696
Total income
Disbursements—
Rentals paid
Interest on debt
Miscellaneous
Total disbursements.
373,437
$
495,731
$
98.035
318,0 0
25,06-0
106,245
393,620
9,822
441,035
509,687
07,598
13,956
Balance, deficit
GENERAL BALANCE AT CLOSE OF E.
FISCAL
YEAR.
1882.
Assets—
04,626
55,628
$
11,360,056
191,000
143,156
86,870
58,198
11,237,840
11,842,280
10,209,535
752,636
1; 5,415
.
Total assets
Liabilities—
Stock, common
Funded debt (see Supplement)
$
5,000,000
..
5,000,000
Bills payable.....
All other dues and accounts
Profit ami loss
6,155,000
98,558
Total liabilities
11.237.810
11,842,280
Allegheny Valley Railroad.
now
The
1883.
steel, all of which has been charged to operating
expenses, no
additions having been made to construction account. For
the
year 1884 fifteen hundred tons of steel rails will be
required
and about 113,000 cross -1: es.“’
*
*
*
Total.
•
<
four years
EARNINGS AND EXPENSES.
Total miles operand
Total
gross
1883.
259
259
259
$522,936
1,770 387
$525,758
59,285
$482,060
1,020,892
69,S35
63,375
1,666,689
63,495
$1,919,529
1,087,226
$2,169,787
1,205,114
$2,356,698
1,427,456
$2,255,942
$832,303
$901,673
$929,212
$891,614
1,419,814
earnings
1882.
259
.
Operat’g exp.tfo taxes
1881.
$140,430
Passenger
Freight
Mail, express, Sec..
*
Ne't earnings
1,304,3.8
INCOME ACCOUNT.
1880.
1881.
18-2.
$-32,303
$904,673
1883.
$929,242
$891,614
$1,6‘>1,835
25,840
$1,790,860
38,092
$1,727,401
$1,763,(27
42,638
1,811
$1,677,681
$845,378
$1,828,961
$924,288
$1,770,039
$840,797
$1,768/262
Net earnings
Disbursements—
Interest on debt
Miscellaneous
Total disbursements
Balance,
deficit *
$876,648
In 18.80 incomes bonds ami
scrip to tlie amount, of $505,519 were
issued to meet the deficit,
leaving the bala- ee of deficit for that year
$339,661: in 1881°, $551,7c0 issued, h aving deficit $372,588 ; in 1882,
p5»0,0o0 issued, leaving deficit $251,790 in 1883,
$628,800 issued,
having deficit $247,848. The total balance ; to
debit of protit and loss
De«- 31.
*
1883,
tesets-
was
$7,821,616.
GENERAL BALANCE AT CLOSE OF EACH FISCAL
YEAR.
1880.
1881.
SR.Addgs.,equip.,&C $24,011,447 $24,019,510
Available
assets
Unavailable
Profit
and
350,719
....
411,220
assets..
470,339
loss.......
489,436
5,370,851
6,151,912
Total assets
1882.
1883.
490,918
460,036
511,436
543,497
7,821,646
$30,203,356 $31,102,138 $32,027,SS7 $32,874,719
$1,675,817
earnings
1,317,054
$353,763
were as follows
earnings
:
:
$376,402
$231,331
93,272
58,396
6,569— 389,5
Excess of payments
$13,166
The dividends for the
year were 4 per cent upon
The capital stock was increased
$322,800
was no
the stock.
during the year.
change in the bonded debt.
brief, is as follows:
The general balance sheet, in
Liabilities.
Assets
Railroad and appurten¬
$2,331,800
Funded debt
Bills payable
lilt, on land, debt
2,70 V»00
:
imp’d
Open accounts
Current expenses
Dividends unpaid
Profit and loss, credit
balance
Total
ances
1,999
$5,396,784
:
Due by agts. andeouduc-
71,658
365,667
185,119
151,668
to s
Due
by tT. 3. Post Office
Department
Due by others
Supplies on hand
3,521
ISO,485
14,137
126,488
C’asn
.$5,319,432
Total
81,370
49,868
...$5,849,432
GENERAL INVESTMENT NEWS.
Chicago & Eastern Illinois.—At Chicago, May 20, the
Chicago & Eastern Illinois Railroad met
stockholders of the
to consider the
proposed issue of new bonds.
President
Stevens and Director Ball voted
proxies for 27,789 shares out
of a total of 30,000.
They decided to issue $0,000,000 of first
consolidated mortgage bonds, to retire the
present outstanding
bonds and to provide the means for
extension and
of
$1,500,000
purchase
new
equipment.
building the
This is
necessary-
increase
the old bonded indebtedness of the
company.
over
an
East Tennessee Virginia &
Georgia.—It is reported that
arrangement has been consummated by which the East
an
Tennessee Virginia & Georgia road secures entrance into Cin¬
over the Louisville & Nashville
tracks from Jellico to
Livingston, and from there over the Kentucky Central division
of the Chesapeake
& Ohio to Cincinnati. The Kentucky
cinnati
Central is
and
now
controlled
jointly by Mr. C. P.> Huntington,
by Mr. Brice and his associates.
Grand
Rapids & Indiana.—At Philadelphia,
May 16, the
bondholders of the Continental
Improvement Company con¬
sidered propositions in regard to the
payment of interest due
on December 1
next, and for the issue by the Grand Rapids &
Indiana Railroad Company of bonds which shall
take prec¬
edence of the income bonds of that
A
committee
company.
was appointed
by the Chairman (Senator Sherman), consisting
of John N. Hutchinson, Charles J.
Clark, William P. Shinn.
George B. Roberts and William Thaw. This committee will
repert at another meeting to be held a month later.
Grand Trunk of Canada and Associate Lines.—The re¬
turns
of these roads
are chiefly
important to the New York
showing the net result of the working of one of the
lines from
market,
as
trunk
Chicago to the coast. In the returns below
the most
striking feature is the decrease in working expenses,
which goes far to balance the loss in
gross earnings.
The
following revenue statements are from the London papers:
GRAND TRUNK
$24,049,540 $24,049,540
6,982,993
$2,143,136
1,766,734
interest
Dividends
and 60*57 for 1882.”
1880.
330,897
$376,4o2
net
40,963
-
309,237
earnings
Payments from
“The revenues of our road are still
avoidable reductions in freight
seriously affected by un¬
rates, consequent upon the
construction of new competitive lines.
The receipts per ton
per mile for 1883 were only P07 cents, being 0*08 cents lower
than in 1882; and by reference to the detailed
reports it will be
seen that there has been a
continuous reduction from year to
year since 1872.
There has been a slight improvement
in
empty freight car mileage, but the percentage for 1883 still
shows unfavorably,
being 38*82 for the River and 44*05 for the
Low Grade Division.
Notwithstanding these adverse features,
and the expenditure in
improving the condition of your prop¬
erty, as above noted, the cost of operating the road was
slightly reduced for 1883, the percentage being 00*47 for 1883
378,968
52,-717
Expenses
Not
1882.
$025,079
604.883
Mail service
Other sources
Capital stock
follows:
year were as
$1,176,299
different
were as
560, 03
Freb lit.
Net
1882
209,210
15,009,050
437,203
48,531,117
31,506,092
follows :
Passage
and Falls
earnings, net income and general balance for
1883
earnings for the
There
laid with steel rails.
At the close of 1883 the Low Grade Divi¬
sion lacked only 17 miles of
being also fully equipped with
418,898
397,006
449,412
352,070
20.842,4 66
Ton miles
Mr. John Scott, the President,
Creek, the laying of additional sidings upon the
divisions, the renewal of bridges and culverts, and
the purchase of one new locomotive and
repairs to others.
Last year the River Division was
reported as being entirely
3,902,815
Savannah Florida & Western.
(For the year ending Dec. 31, 1883.)
remarks in his annual report for 1883:
“Substantial improvements have been made o both
road
and equipment by the enlargement and
repair of stations and
other buildings, the construction of
freight depots at Du Bois
The
421,970
9,389,500
$30,203,356 $31,102,138 $32,037,887 $32,874,719
Passengers curried
in receiver's hands at the suit of the
Penn¬
sylvania Railroad Company.
488,561
455,114
Dividends to leased lines
Other payments
(For the year ending December 31, 1883.)
This road is
3,539,305
The Chattahoocliie Branch was built
last year.
The following statements are for the
year ending Dec. 31.
1883:
The traffic for the year was as
follows :
522,174
66,548
210,673
8,760,700
1883.
$2,166,500
16,600.u00
nah, 4*1 miles.
$
5,300,000
188,654
238,513
2,92 \260
8.171,700
Passenger miles
Tuns freight carried
18-3.
$
Railroad, buildings, equipment, &c
Other property and assets
Bills and accounts receivable
Materials, fuel, Sec
Cash on hand
2,520,2'0
495,109
$2,106,500
16,700,(m 0
16 905,000
company owns and operates 473*6 miles of
includ¬
ing lines from Savannah, Ga., to Bainbridge, 236*8 road,
miles ; from
Waycross, Ga., to Jacksonville, Fla., 76*2 :
Dupont, Ga., to
Rowland’s Blulf, Fla., 72*9 ;
TkomasVille, Ga., to Albany, 58*1;
Climax, Ga., to Chattahoocliie, Fla., 24*1 ; the wharf exten¬
sion in Savannah,
1*4, and the Junction Branch near Savan¬
1883.
•$
373,137
Net earnings
188°
$2,166,500
450,467
Total liabilities
This
1882.
1881.
$2,166,500
17,<»oo,000
7,571,000
Other accounts
INCOME ACCOUNT.
Receipts—
18^0.
common
B Is. prior to incomes
Income bonds
10.979,038 17,857,1.84
764,661
830,318
103,477,448 119,924,381
Fraigbt (tons) moved
Freight (tons) mileage
Earnings—
619
Gross receipts
Working
expenses
Net profit...
OF CANADA.
March.
/
1884.
«
i
883.
-—Jan. 1 to March 31.—s
1884.
1883.
£275,0.7
203,113
£312,283
234,541
£801,*.29
011,514
£873,996
671,736
£71,904
£77.742
£189,635
£202,266
THE CHRONICLE
620
lloston lloosae
CHICAGO & GRAND TRUNK.
r-rJan. 1 to March 31.-^
■March.
Grosa receipts..
Working expenses....
£.‘>3,193
41,172
£55,765
41,286
£9,021
£14 479
Net profit
1884.
£146.195
188?.
1884.
Receipts—
Gross earnings
1883.
£138.-84
125,477
114,013
£20,718
£24,941
Operating expenses
DETROIT GRAND HAVEN & MILWAUKEE.
March.
,
1884.
Grosa
receipts
Working expenses
Net
r-Jan. 1 to March 31.—.
.
18S3.
1884.
1883.
£18.774
15,134
£23,740
18.211
£53,172
45,502
£62,376
51,328
£3,640
£5,529
£7,670
£11,048
profit
Tunnel <£ West.
$94,47rt
102,105
[VOL.
XXXVUI^
Manhattan
Rochester
Elevated^
$1,641,647
959,86 4
<fc
Pittsburg,
$227,89®
224,437
Net earnings
Income from other sources.
def. $7,623
$681,783
20,199
$3,460
Total net receipts
Deduct i ins —
Interest on funded debt.
Taxes of all kinds
Rentals
Miscellaneous
def.
$701,982
$3,460
$311,020
$39,543
$7,62 i
23,527
$3,000
6,363
5,000
29,675
5,8! 5
Total deductions
$3,009
Balance, net surplus— def.$10,623
$369,547
$332,435
def.
$31,396
$77,937
Toledo Cincinnati <fc St. Louis Railroad Company.—
of
of the Missouri Pacific Railway, At Cincinnati, May 20, the application of the receiver of the
including the Iron Mountain, for the first four months of the Toledo Cincinnati & St. Louis Railroad to file an intervening
current year, ending with April.
These figures are the first petition alleging that the first mortgage bonds of the Cincin¬
from the office of the earnings of the Southwestern (Gould) nati & Northern were not legally issued, and asking that the
roads which
have been furnished the Chronicle since order for the sale of the road be vacated, was argued before
Justice Matthews, of the United States Supreme Court, Circuit
January 1, 1884:
Gross earnings
$5,222,279 Judge Baxter and District Judge Sage. The second mortgage
Expenses
2,912,896 bondholders and the judgment creditors were represented by
Net earnings
$2,309,393 counsel, and they asked to be made parties to the suit. The
Charges, including taxes and leases
1.339,662 decison was to the effect that none of the parties had any
standing in the court. This was true of the receiver, for the
Missouri Pacific.—The following is an official statement
the earnings and expenses
,
$969,731
Surplus income
It is said that the above exhibit
earnings of $282,000
over
the
same
gives an increase in net
period of 1888.
Northern Pacific.—The Philadelphia Press says that in
March there was a material reduction in the ratio of operating
expenses.
They were reduced from 8.2 per cent in February to
50 per cent in March.
The land sales amounted to $112,890
for the month, and 8210,525 of preferred stock was canceled
during the month, leaving the total outstanding $40,825,874.
The gross and net earnings in March and for nine months of
the fiscal year, from July 1 to March 81, were as follows:
March.—
<
1884.
Earnings
Expenses....
1883.
,
Nine months.—
188 1.
>
18 S3.
$978/ 55
542,279
$563,903
$8,731.13.3
$5,575,14 5
481,740
5,506,360
3,609,315
$136,676
$82,163
$3,230,773
$1.966,130
Philadelphia & Reading.—Press dispatches from Phila¬
delphia, May 21, said : “ Ex-President Gowen, of the Philadt#phia & Reading Railroad Company, said to-day, respecting the
rumors of the issuing of scrip by that company for wages and
materials, that no scrip had yet been issued to any of the
employes ; the company had made its payment for materials
and supplies in ordinary four-months’ notes instead of cash.
It was contemplated to issue scrip bearing interest for the
wages payable in May and June, and when this gssue was
made it would be for the railroad hands, at three months, with
interest, and for those of the Coal & Iron Company at thirty
days, with interest; the reason for the difference being that a
recent act of the Assembly made it illegal for mining and
manufacturing companies to issue sciip for the payment of
wages extending over a greater period than thirty days, and
that by the time the announcement of the issue of this scrip
was made public it would be accompanied by an announcement
that the workmen could get cash for the scrip for its full face
value at once. The company has to pay out in June and July
for rentals and interest about $3,700,000.
If they could have
had full work in May and June they could have earned, over
and above the fixed charges in those two months, more than
enough to meet these large payments for interest and rentals.
Although the company has good collaterals, and in ordinary
times could have borrowed the money to tide over, at present
it would be folly to pay out the money in hand and rely upon
the ability to borrow ; and hence it is considered wiser to issue
scrip for the wages, which is a fixed lien upon the property of
the company.
The relief afforded by the issues of scrip will
amount to $1,000,000 more in cash than is required by the
company to pay the entire rental and interest accounts for
June and July.”
that he could not maintain an action hostile to the fore¬
closure suit in which lie was appointed receiver.
It applied to
the second mortgage bondholders for the reason that they pur¬
chased the second issue under the supposition that the first
issue was valid, and they could not complain ii: the validity of
that issue was still maintained.
As to the judgment creditors,
while they might have had the right Jo file an intervening pe¬
tition before the entry was made ordering the sale of the road,
reason
they could not claim that right now.
—A meeting of the bondholders of the Toledo Delphos&
Burlington Railroad was held in room No. 15 at No. 115
Broadway, May 20. S. L. Woodhouse was made. chairman.
A motion that only first mortgage bondholders be allowed to
vote was put and carried. Sir. Austin Corbin said that tire call
for the meeting lnid been made simply to state that the
Indiana Bloomington & Western RR. wished to act in har¬
mony with the bondholders of the Toledo Delphos 6c Burling¬
ton RR.; that he had no plan to suggest as to reorganization,
blit would suggest that a committee be appointed to confer
,
with the committee of St. Louis Division bondholders ap¬
pointed in Boston at a meeting a week ago. After some dis¬
cussion the bondholders present passed a resolution approving
the plans of the Quigley Committee, and thus declined to co¬
operate with Mr. Ballou and Mr. Corbin*
Trans-Continental Association.—At Chicago, May 22, the
Trans-Continental Association, whiclUregulates all California
"business, met to make final arrangements for the carrying into
effect of the new money-pool arranged at the meeting in St.
Louis a week or two ago. The Santa Fe and Burlington people
objected to signing the new contract, unless the Union Pacific
would give pledges that the Eastern connections of the Union
Pacific would not interfere with the
West-bound rates agreed
by the association. The Union Pacific, under the tripartite
agreement, could give no such assurances, as its Eastern allies
have the right under contract to make all West-hound rates
over its lines.
A long and heated discussion finally culminated
upon
in an abandonment of the scheme to transfer the association
into a money-pool.
In order to prevent a war in California
rates it was agreed to go on under the old contract, which is a
traffic
agreement, each road taking all the business it can get
agreed rates, under a heavy penalty for violating it. The
Union Pacific re-called its notice of withdrawal, which would
have gone into effect to-day, and the Texas Pacific, which had
gone out, agreed to go in again.
The association was to meet
again on the 23d to strengthen the old contract, in order to
prevent cut-rates until a new agreement can be made.
at
Wabash St. Louis
&
Pacific.—A
press
dispatch from
Indianapolis, May 17, said that this railroad company had tiled
with the recorder of the county, and all other counties through
which any of their lines run, copies of a mortgage made to
Pittsburg Fort Wayne & Chicago.—At Pittsburg, May the St. Louis & Iron Mountain Company, and covering their
21, the annual meeting of the stock and bond holders of the entire lines. This mortgage was prepared in December, 1883,
Pittsburg Fort Wayne & Chicago Railroad Company was held. and contains the following provision:
The following directors, whose terms had expired, were
In consequence of the guarantee of principal and interest of $10,re-elected for four years : George W. Cass, Samuel J. Til den, OOO.OOo collateral trust, bonds of the Wabash Company by the Iron
Mountain Railway Company, the Wabash conveys all its railroad'* ana
J. N. McCullough and Charles Lanier.
President L. II. Meyer other property
to the Iron Mountain
unliss the Wabash pays
submitted his annual report, which showed that the gross the interest and piiiicipal of the said Company,
bonus. In cu»-c t ho Iron Mountain
should
default
on
its
guarantee, the indenture stands for the benefit of
earnings of the road for 1883 were $10,884,357 : operating and
collateral trust boinlholf’-eis. In case of a delimit by the.Wabash,the
maintaining expenses, $0,916,669. The absolute immediate the
Iron Mountain lias the rigiit to hare possession of the property by fore¬
cash profit to the lessee for 1883 was $700,718.
Subsequent closure. This mortgage eomes immediately after liio first and general
to the stockholders’ meeting, a meeting of stock and bond mortgages.”
holders was held, with a view to consider the proposition to
—In tire old suit on equipment bonds, a decree was entered at
sell the stock issues of the road to the Pennsylvania Railroad
Indianapolis, Ind., on May 10, against this company and in
Company for betterment bonds. President Meyer, in his favor \>f David J.Tyson, Jr., Benj. F. Ham, cl al, for $1,100,110,
report, says : “This plan has so far not met with the encour¬ interest to date from May 1, 1833. The judgment was made
agement or approval it is entitled to : it is a feasible one, per¬ a lien on that part of the road lying in Ohio and Indiana. An
fectly equitable, and ought to have the support of every appeal was taken by the defendants to the U. S. Supreme
stockholder.” No action was taken
‘
with reference to the
scheme, further than the appointment of a committee, con¬
sisting of L. H. Meyer, G. W. Cass and John N. Hutchinson,
to make personal examination, and report to the President.
Railroads
Operated in New York Slate (Quarterly Reports.)
following abstract has been compiled for the Ciironk le
—The
from returns made to the Railroad Commissioners of this State
for the quarter ending March 81, 1884:
Court.
Western North Carolina.—A dispatch
from
Waynesville,
N. O., May 21, said : “TheDiicktown Division of the Western
North Carolina Railroad has been completed to the.
Great Mountain, the highest point on the line, and will be open
for through business to Murphy by August.
From
a
line will be extended to Atlanta, and a branch to connect
the Louisville & Nashville system of roads.”
summit of
Murphy
witn
May 24.
THE
1884.]
CHRONICLE.
621
3khc (Commercial jinxes.
COMMERCIAL
COTTON.
Friday, P. M., May 23, 1884.
The Movement of the Crop, as indicated
by our telegrams
from the South to-night, is given below.
For the week ending
this evening (May 23), the total
reached 5,863
EPITOME.
receipts have
Night, May 23, 1884...
bales, against 8,694 bales last week, 15,657 bales the previous
The continuance of the troubles in financial circles have week and 20,053 bales three weeks
since; making the total
had an unfavorable effect upon general trade. Many addi¬ receipts since the 1st of September, 1883, 4,743,533 bales, against
tional failures are, announced. Goal production is to be 5,793,760 bales for the same period of 1882-83, showing a
decrease since September 1, 1S83, of 1,050,227 bales.
farther restricted. The depression in foreign exchange has
Sat.
Jlfon..
Tues.
retarded export business in food staples, though a considerable
Receipts at—
Wed.
Thurs.
Fri.
Total.
business has been done in wheat for the Continent. There Galveston
90
121
71
1
10
1
300
has been a severe storm in the whole trans-Mississippi region,
Indianola4Ac.
74
723
222
5S
113
526
but generally the weather is most favorable for the growing New Orleans...
1,716
Friday
....
Mobile
crop?.
....
59
Florida
....
177
....
15
....
5
4C
•
....
42
....
314
2
2
speculation in lard futures has shown considerable Savannah
16
S3
43
8
74
235
509
activity, and prices have varied widely. There was severe
Brunsw’k, Ac.
51
1S3
23
6
3
8
274
depression early in the week in sympathy with Western Charleston
Pt.
Royal, &c.
advices.
To-day there was a slight improvement, but
5
10
17
the close was weak at 8*39c. for June, 8’49c. for July Wilmington....
Moreh’d C.,Ac
5
5
and 8*59c. for August.
Lard on the spot touched 8@ Norfolk
2
125
69
121
9
323
8'05c. for prime City and 8,25@3,30e. for prime Western, at
WesA Point, Ac
11
11
297
183
33
which there were heavy purchases, and the close is steadier; New York
513
Boston
249
202
177
56
116
130
930
prime City 8*10@815c., prime Western 8*40@8'45c. and refined Baltimore
17
17
for the Continent 8*65c.
Pork is firmer for mess, through the
(5
295
99
1
Pliiladelp’a, Ac.
496
897
effect of Western speculation, closing at $17 75; but other
Totals this week
850
1.799
948
425
316
5,863
1,525
grades are unchanged, clear back selling to-day at $18 25@
For comparison, we give the following table
showing the week’s
$18 75. Bacon remains quite nominal, but cutmeats are
total receipts, the total since Sept.l, 1883, and the stock to-night,
better; pickled bellies 7%@8c., hams ll^@12c. and shoulders and the
same items for the corresponding
periods of last year.
7^c. Smoked meats quiet. Bief has been dull and India
1883-84
1882-S3.
Slock.
mess lower at $19$ $21 per tierce.
Beef hams are also lower
Receipts to
This
Since Sep.
This
Since Sep.
at $21 per bbl.
Tallow lias declined to 6}£c. for prime, stearMa>j 23,
1884.
1883.
Week.
Week.
1,1883.
1, 1882.
inetoO^c. and oleomargarine to 8;'’8c. Butter is lower at
301
587,023
3,773
SOS.283
5,778 41,734
18@24c. for creamery and 10$ 17c. for Western factory. Cheese Galveston
108
Indiauola,Ac.
8,472
16,726
lower at 7$ 12c. for factory and 2$4)£c. for shims.
Fresh New Orleans...
1,716 1,503,411 10,184 1,619,897
115,217 153,783
eggs declined, but closed steadier; Western and State, 13$ 15c.;
314
Mobile
251 76S
633
303,336
7,733 15,107
Southern, 10@12^c. The following is a comparative sum¬ Florida
32
42,851
13,355
509
Savannah
649,555
3.49.)
800,636
1,975 12,548
mary of aggregate exports from November 1, 1883, to May 17,
The
....
....
...
....
....
....
....
....
....
....
....
....
....
....
....
....
....
.....
....
o
....
....
....
....
....
....
o
....
....
....
....
....
....
....
....
*
....
....
....
....
....
O
Brunsw’k, Ac
1884:
1883-8 i.
Pork, lbs
Bacon, lbs
Lard, lbs
Total lbs
1832-83.
Dcci ’so ’83-84.
23,119,*00
203,8110
114,202,534
27,002.100
258,378,390
138.021.U3I
4,782,800
5I, >:*3,280
23,723,407
341,257,444
424.302,021
83,014,577
8,05 j
274
Jharlestou
650
13,038
17
5
3,309
8,726
IP
563,960
2 4,339
91,651
210
126,6 45
1,834
2,330
12.579
125
19,016
328
573.673
34,853
220.471
5,922
2,875
1,816
11
224.393
Pt.
Royal, Ac.
Wilmington....
M’liead C.,Ac
Norfolk
5,508
415.236
'
West Point,&e
Rio coffee has been dull and, to a great
the spot at lOjJc.: the closeness of money
Janeiro has a bad effect on the trade ;
780.341
extent, nominal on
New York
513
106.926
632
323.831 221,251
136,091
here and in Rio de
Boston
930
4.432
170,228
179,832
7,160
5,485
options have been Baltimore
17
2 12 2
28,819
6,143
20,932
59,303
quiet at declining prices ; to-day June sold at 8*20c., July at
897
Pliiladelp’a.Ac.
53,140
8 997
3,336
101,506
8,406
840c., August at 8‘15c., September at 8 50c., October at 8410c
November at 8 05c. and December at 8’70c.; mild grades
Total...
483 845 525.205
5,863 4,743,533 38,539 5,793.700
have been fairly active and steady. Tea lias been dull and
In
order
that
comparison may be made with other years, we
nominal. Spices have been quiet but firm, especially for pep¬
totals at leading ports for six; seasons.
give
the
below
per. Rice lies t een moderately active and steady.
Foreign
fruits have been steady but quiet. Molasses has been dull and
1884.
1883.
1832.
1881.
1830.
Receipts at—
1879.
Cuba has declined to 19c. lor 50 degrees test refining. Riw
303
1,296
3 022
3,886
1,137
4,044
sugar has been dull and lower; fair refining is quoted on the 3al vest’n, Ac.
1,716
2,858
7,:,02
10,184
spot at 51 .j-C.; that grade has sold at o*07^c. for July and New Orleans.
5,845
2,434
5'3ac. for Suit,; granulated was quoted at 07a$6 15-1-Jc.,
Mobile
84 4
633
809
507
1,156
390
Savannah....
509
powdered at 7,1J$74£c. and crushed at 7*\>'$7?Je.
1.3 :5
4,760
3,199
1,01 1
2,067
In Kentucky tobacco the movement either on the
274
OGd
769
3,310
426
1,820
spot or for Ciiarl’st’n, Ac
Q<>
future delivery has been quite moderate, and yet all prieps are
335
26
372
Vilm’gt’u, Ac
86
377
well sustained: lugs on the snot, quoted 7;?J
333
S 797
2.403
Norfolk, Ac..
4,531
JtS’Jc. and le if 8* 4
7,5; 8
3,331
8%c.; June sold to-day at 7/,<c.. July, 8 l-lOo. and September All others....
4 216
10,55 4
2,359
11,023
5,850
5,066
8?8?. Seed leaf steady but quiet; sales 1,55) cases, inclu ling
this w’k.
Tot.
;h;
851
5,863
38,539
13,981
17
113
23,764
509cases crop 188 5, State Havana seed, private terms: 3)9
cases crop 1883, New England. 11 to 23c.; 150 cases
Mure Sent. 1. 1743.53 1 5793.760 4533.846 553 ,131 4739 442 4339,721
crop 1882,
Pennsylvania, 5 to 13c.; 200 cases crop 18 SI. do, 7 to 10c.;
<*aiveston includes inuia:ioia; Charleston includes Port Royal, Ac.;
100 cases crop 1882, Wisconsin Havana, 25c.. and 100 c iscs
Wilmington includes IMoreliead City. Ac.: Norfolk includes City Point. Ac.
sundries, 5 to 18c.; also 400 bales Ilivana, 80c. to $L 15 and
The exports for the week ending this evening reach a total
200 bales Sumatra, $1 20 to $1 05.
of 25,010 bales, of Which 20,035 were to Great Britain, 3,351
Although spirits turpentine has remained quiet, the tone has to France and 1,624 to the rest of the Continent, while the
been well supported, and to-night tlie figures are firm at 33c. in stocks as made
up this evening are now 483,845 bales.
Below
J4rd. Rosins also have been quite slow and the drift has been are the
exports for the week and since September 1, 1883.
downward; common to good strained quoted to-day at $1 37f ->
Week Ending May 23.
F/om Sept. 1.1883, to May 23, P64.
@|1 42)4- Refined petroleum lias been fairly active until to¬
Exported to—
day, when the advance in ocean freights checked the movement
Export*
Total
Great
Conti¬
Great
Conti¬
and depressed 70 Abel test to
from—
8*40. Crude oil certificates have
Tota'.
Brit'n. France nent.
Week. Britain. Frar ce
nent.
been depressed to 0978c., but since
Wednesday a brighter tone
has existed ; there have been sales at 70c., and
i)68 530
249,53S 34,700
84,170
yet to-day on Jalveston
a
180 1 4,094
720 723 057,234
3 1.234 1,3S5.1?1
Vew Orleans..
3,318
10,53d
selling movement prices broke from 75;ia'c. to 73 *4'c. and
50,157
57,537
1,380
closed at 73 ,,«$73 r..c. I11 metals, oils, wool and hops the Hobile
3.704
3,704
moveme it lias been limited and prices do not occupy a very
155,010 13.430
188.717
357,719
Savannah
,
~
>
_•
-
••••••
......
sound
position.
Ocean freight-room lias been more active of late, particu¬
larly for oil charter room, and rates all along the line have
been advanced. To-night the feeling is quite firm, and tonis not in excessive supply. Grain was taken to London
jjage
by steam, 3;io$3i '.|.; do. to Leith by steam, 4d.; do. to New¬
castle by steam, 41.; do. to
Hamburg by steam, 40 pfennigs.
Refined petroleum to Antwerp, London, or Liverpool, 2s. 4}£d.;
cruJe do. to Fiume, 3s.
10t£d.; crude and residuum to Cette,
w.@3s. 4V£d.; refined, London, or Antwerp, 2s. oj^d.; do. to
German Baltic, 3s. 3d.; case3 from Philadelphia to Genoa, 14c.
......
5’oarleston *...
Wilmington..
Norfolk!
•3ew York
Boston—
....
...
......
••••••
......
......
1,933
8,070
1,174
111,219
253.932
33
3)1
......
8 401
333,-3 i
103.211
29.904
to
104,127
1,898
195
88 350
•
Fetal
20,033
Total 1882-S3
37.4'3
1.780
\
1,171
50
195
24,4)7
43.413
......
3 351
*
1,1.9)
......
3 dtimore
Pailadelp*a,&c
......
......
138,003
273 781
3.829
47,242
20,588
274,510
82 105
445.905
3.123
100 034
56,022
102.01?
3,0)8
91 933
833 240 3.574,891
1,824
25,010 2,223,920 40'.,7 25
7.^38
40.191 2 008.482 409.321 1,325,482 4 343.285
Includes exports from Port Royal,
+ Includes exports from West Point, &c.
CHRONICLE.
THE
622
[voi. xxxvm.
In addition to above
ns
the
at the
exports, our telegrams to-night also give
following amounts of cotton on shipboard, not cleared,
ports named. We add similar figures for New York,
are prepared for our special use by Messrs. Carey, Yale
gws nu
®
»
IS
®
which
& Lambert, 89 Broad Street.
JT'Jr'p:
0B ®
® Xu
m
*—«
►fro
p
® -
-
CD O ® ®
Bi?®*
Eg?
•
On
E 1
Great
Britain.
NewOrleafaa
Mobile....
Cnarieston
Fi'ance.
None.
None.
No le.
None.
None.
0,000
994
None.
None.
None.
None.
None.
None.
2,000
None.
5,761
.
Savannah..
Galveston..
Norfolk
Now York..
Ofher ports.
....
Other
Foreign
Coast¬
wise.
w
8,947
100.270
7.735
None.
3,309
100
'99
100
683
None.
083
6.500
1,875
5.079
1,183
317,331
None.
2,400
21.734
99
99 i
13,764
Hzl
•
HO^
5,423
4,174
38,551
22,409
9 906
7,320
01.200
404 005
0,542
1,616
34,741
430,302
The speculation in cotton for future delivery at this
has been much less active for the week under review.
i-j
S-r*c®
& ^ c
6©’
i
*<;
^
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®
00 OD
I ©
H* ^
•
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to
.
c5»Ui
®
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1 s
.
►-1
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k—‘
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10
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Me-*
MM
>
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^
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HH
do
®
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®
CJ!
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H* **1 ^
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to to
1 &
0
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►*
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to;
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0» V*
to 10
H*
H* -*
®
►<
1—ft
H1 H
Cl
cc to
0
%
**
& 0:
'-‘od*-*
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H*
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CO Ui
1 ^)*d *1 ©
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H*H*
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<
<T. Cl
OC^l^
t-Ho-1
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dd~d
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r-
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&
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^
^ 1 0^
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i
MH*.^-*
o<i
1-*
M-
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^
1 e*-:
CO
I ©?:
®
l£O'J
H
%
-*7x5too-
too
•
T
0*11 9
0
►io'h';
s|S0
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•
to
H1
y M
though somewhat irregular and unsettled, have been less de¬
pressed. The foreign markets have slightly improved, and
crop accounts from the Southwest, where excessive rains have
again fallen, have been unfavorable. On Saturday the market
was active and buoyant with the return of ease in the money
market, the advance for May amounting to 15 points, and on
Monday there was a further advance for May of 0 points,
making a recovery of 21 points from the closing figures of
Friday; but the other months were only slightly dearer, and
on Tuesday
there was a general decline of 0(59 points.
Wednesday was variable, closing slightly dearer; Thursday
opened strong but dull : not until the last hour, when reports
•
to
y
Prices,
•
<
9
0000
6©’
market
g-SSgi
p.S.89
•
•
00
770 V
©3.2.2
Oi
®,s°
to®
tKi-1 st-
•
I?
pVrjrZ
M
Total 1883
Total 1882
•
9
405.116
18.729
1,932
1,989
89
S*89
•
* © ®
i
jr>©
ci
Total 1881
*0
**
o
:
g:
® •
None.
1,100
None.
None.
1,089
None.
None.
None.
None.
None.
500
400
OB
93§!
o
Stock.
Total.
*
9:.«<
Leaving
May 23, at—
P
£ftt OB
s®
to
Shipboard, not cleared—/or
B-STL
PjyjS,
da © ®
c.
M-
V
HH
%
®
00 OO
MO-.**
I pro:
H^CT*
cc
red
ci-i
received of destructive storms in Texas, obstructing rail¬
transportation and necessarily doing injury to growing
crops, was there any material ad vance.
Then the next crop
became buoyant, improving 9 to 12 points, which was par¬
tially lost at the close. To-day there was some further ad¬
vance, in sympathy with Liverpool advices, but the heavy
rains in the Southwest had ceased, and the market soon
relapsed into dulness, closing, as compared with last Friday,
26 points dearer for May, 9(5 11 dearer for the summer months
and 17(5)20 dearer for the next crop.
Cotton on the spot has
been more active for export as well as home consumption, the
business footing up a larger aggregate than in any week for
many months past.
Quotations were advanced 1-16c. on
Monday. To-day there was a further advance of 1-16e., mul¬
ling uplands closing at 1 l58c , with the business still brisk. *
The total sales for forward delivery for the week are 357,100
bales. For immediate delivery the total sales foot up this week
2,891 bales, including 3,755 for export, 6,136 for consumption,
for speculation and — in transit.
Of the above, — bales
were to arrive.
The following are the official quotations for
each day of the past week.
t-5 X
oc
C
-1 -0
or. gc
© H,
o*
C
0:
►-
0
Cl
0 to
Le*
Of
/
-
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QC 00
© on
CO X
Cl X
CI
Cl 'JI
X
X
c.
O' *H
H* r—
Mi-*
>
M -*
M M
O'
H**-*
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d
O'
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c. r.
C X
*•*
-1 r.
-J X
1
ci
:
o
X
10
were
o
;
to x
‘-oh
way
r-4 r—
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®
p*-
—
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r-*
c*
to tc
p*
k-*
V.
M
©ro
CC
O' Cl
&
®
CO
<
®
1
1 © 'xi:
^'
ICO
03'
**
to X
1
M
M-re
y.
<1
to i-1
H> CO
<
c
i Q M
H* H* 13
-
<
ffi
—
dd
H* H* x
C
©
®
1 ^©:
C. •
x
MM
^
0**
—
<
M OC
H*
10
mm
y
-©
to-l
®
*3
1 © to. *
MMl; M
ox
P- 01
^
1 dec:
I ^to:
May 16 to
May 23
Sat.
Ordin’/-#lb
Mon Tuei*
9*4
96,fi
95ig
Good Mid.. n%
Srr. G’d Midi 12
Midd’g Fair! 12^
Fair
13%
9°ifi
9,51G
9%
99,fi
10
10
Tb.
Frl.
Wed
06,(5
95ifi
9%
9916
Tb.
STAINED
10
...••».
I1
.......
M’ddllng
|
MARKET
99,6
Cl x
c.
O' CC
p— *-■
0.
<
®
**
CD
X
1
1
1 fS'M'
port.
1U3,6
121,6
125,6
12l%6
lo<,6
Mou
Tues!
il3lfi
11%.;
Firm at
038’
Tues Qui*>t
Wed Heady
Tlmrs Firm
Frl
Firm at
.
.
.
Total.
%6 adv.
375
'1,000
i
1.080
2 210
x
^
M O'
:
....j
....!
70 *
13,755
0,136
....'
....
i
>•
M
M
M M
<
H* O
®
OO
y -
© 00
°
®
—
^
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1 ©
—
1 ©
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tc 10
®
M
r-4
,^i
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P- O'
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a x
^
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js*
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c 0
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cc
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CC w
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60
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8
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9
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M H
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t-ft
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p- 0
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c;w*
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90
1-
►-,
1 e
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PPJr*
6o©6
to
to pj
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*- H
^
-
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row
to
1 1
i►J
‘
0
Cl
SC
to to — to
o
j
9%
| 911,0
*a
! ©: :
:
1 '
!
1
1
11
►
<
11
G
Hi
1
'
;
1
II:
Cl
1 i
t
>
1 1
►J
1 ©:
•
if* C
t
V
I
“
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*-s
IS;:
1 ©• :
1 ©: :
"M
1 1
1
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:
i :
t>
Frl.
I s:
9
|
Aver
—
rj
12^16 12%
1211.6 12 34
13",6 13%
Tb.
00
t
11
lin,o
1 1 13.,,; 11%
12%fi 12%
*
Includes sales in
I $■:
®:
September. 1883. for September, 70,200; Septem-
ber-Oetober, for October. 338,600; September-Movember, for November,
399,800; September-December. for December, 860,500; September*
FUTURES
Total.
Sales.
G
Dftn
criet
1 .*02
52,000
2.330
52.000
1,3*3
71,GOO
500
400
9,c91 357.100
5 GOO
2.59 1
O
i
3 00
GOO
30o
500
The
daily deliveries given above are actually delivered the da}'
previous to that on which they are reported
The Sales and Prices of Futures are shown by the follow¬
ing comprehensive table. In the statement will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales.
cc 0
11%
1,904
....
to
11%
....
....
COCO
11 %
....
....
5
99
<
®
•
w
r—»
9%
GG.G50
G 1.300
53.*,00
....
....■
oob
050
603
%,? adv..I
.....
1,0021
*
^
1 ®W
6c©
M
107,6 107,6 j 107,, 10%
ll%fi 1 111,6 I 11%*; 11%
j Spec-] Tron-
^
®
xo
co©o
10%,;
113,6
ll7,,;
Wed
9%
>>
©
Fry.
99,0
Ull,fi 11%
11 %
1113,6
12%
12%fi
12% ' 125,6
12% | 12i%o
13%
137,6
8ump.\uVVn^ sit.
Firm
.
Mon
c
AND SALES.
Ex- i Con-
CLOSED.
01
©
0
M —
6-^
1013,, 10131(, 10%
SALKS OF SPOT AND TRANSIT.
SPOT MARKET
c
co to,
i>
s)W
r-*
«
X
99
C
1 ©i^‘
MM^-*
0
M
1
MP-x —
.
1 1 5h
3,fi 1U%6
10
11%
107,fi
lUlfi
99,6
Tb.
10
!
xc
>
H
.
11%
11 %
9%
O
M M
c
©
121,6 12%o
125,6
123,
12i%6 12H,
137,6 137,6*’
1316
ll7,.,
9%
99,«
10%
11 I
^
c to
OO
P-
to 0
M
o»
10
81316! 8iBU!i
8%
11
9%
1013lft 10%
1
*
...
M
11%
Wed
10 % fi
1
•
G .od Ordinary
8 riot Good Ordinary.. „..
Lvw Middling
Frl.
99,6
9i-q, 10
10%
ioi%(.
11
11% ■
11%
1171 fi
1 17;fi 11 %
Middling... HS.fi 11 ‘l
11%
1G%6
Good Mid.. mv, 111%.. 11%
121,6
S r. G’d Mid 12 J
12%
126,«
M’dd'g Fair 12~ir, 1->7ig 12%
1211,6
F ur
11.7; fi
13%0 13:ho 13%
►-* »-•
1013,0 1013,6
1 ’* 3, e
113,6
H%fi l*7 o
„
>
a
:-0©6
1
Toes
1<>
915,,
MM
h* m
1 ©to;
~
^
c 0
99,fi
10i%fi 1013k, 10 34
11%
113,6 ll%fi 11%
11%
h7ig 117,6 11%
11%
119,6 11%
119,6
ll»lfi 1 1 9jfi 1 1 %
U13lfl 1113,6 1134
H’hfi llRqfi 12
12% ■ 12%6 12
12«m 12110 12%
126,« 1251G 12%
1211,, 1211,fi 12%
1-”ifi 127,0 12%
13-3.fi 13% fi 13% .ilSTi.- 137lr> 13%
Strict Ord..
9%
934
Good Ord.. 10%„ 109,fi
Str. G’d Ord lOl&ifi 10’6 fi
Low Midd’g 17V, 11*10
Srr.L’wMid li^
ll-%
Sat
jyion
Sat.
10%
Wed
Ordin’y.tf t>
Mon Tugs
9%
Strict Ord..
9%
9"ie 9%
Good Ord.. 10L}
109.fi 109,.,
Str. G’d Ord 107e
101 &. « 10t6,
Low Midd’g 11%
Uhfi ll»l-<
Sfr.L’w Mid n5ih 113s
11%
Middling... n%
Sat.
C 0)1
co
G
OOo©
TEXAS.
NEW ORLEANS.
<
K
91
M Mor. M
M •— CjT-‘
—
UPLANDS.
0*
M-y
>
—
99
^
x 0
MM
O
M
®
®
cr. o i
X
1—*
©
^
>
66
x 0
*—4
M M
XX
a w
r*rj
6 c.c 6
y-*
•—■
09
CO
6 8,0 6
58Co
©
Septmbr.
-M-1M
MI'ou
f-i M
r—4
M
^5
1 ©?':
—
—
X
O' h—
Mpjj
r—< h-
<
a
>-*
^ —
>.
0
©
M
ft—
c*.
C
c c.
H* h- x
M »—
to to
to |H
--*
©
y
cf. Cl © cf
-
g
^
1 &■*:
M%
M
t-0
y"-J
January, for January, 2,-17,900: September-February, for February,
1,780,800; Scptember-March, lor March, 2,309,800; September-April,
for April, 1.990,900.
''
,
Transferanle orders—Saturday. 1155c :-Monday, 11-OOc.: Tuesday,
ll*50e.; Wednesday, 11 5'ic.r Thursday, 11 60c.; Friday, 11 05c.
Tlie following exchanges have been made during the week:
•
J0
to
35
10
to
to
to
to
to
to
pd.
pd
pd.
10 pd.
30 pd.
01 pd.
20 pd.
10 pd.
17 pd.
cxch. 100 May for June.
excli. 200 May for July.
exeh. 100 July for An".
excli. 100 June for July.
excli. 200 S pt for Auer.
exeh. 100 Nov. for Dec.
exeh. 400 June for Aug.
to excli. 300 Juno for July.
to excli. 500 May s. n. for
June.
11 pd. to exeh. 500 Julj- for Aug.
200 .lune for September, even.
28 pd. to excli. 500 June for Aug.
•29 od. to exeh. 100 June for Aug.
pd. to exeh. 100 June for July.
pd. to exeh. 200 July for Au£.
pd. to excli. 200 June for July.
pd. to exeh. *200 June .for Septpd. to excli. 200 June for July.
pd. to exeh. 100 Sept, for July.
pd. to exeh. 100 June for July.
pd. to exeh. 500 Dec. for Auffpd. to excli. 300 8ept. for July
pd. to exeh. 500 May s.n.
Aug.
•95 pd. to exeh. 500 Dec. for Aug30 pd. to exeh. 500 June for Aug.
18
11
•18
*02
•10
•13
•18
•95
10
•30
.
May 24,
THE
S884.J
CHRONICLE.
Supply of Cotton tonight, as made up by cable
telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week's returns,
and consequently all the European figures are brought down
to Thursday evening.
But to make the totals the complete
figures for to-night
(May
from
23), we add the item/vPof exports
Qfofoc
inplnrlimy* in if
Antt
The Visible
and
avnorfa
o
i
■
1884.
947,000
1.
1862.
961,000
48,200
56,000
.
/wiItp
1883.
1881.
930.000
989,000
61,800
46,800
the same towns have been 10,522 bales less than the same week
last year, and since September 1 the ax'ceipts at all the towns
are 674,585 bales less than for the same time in 1882-83.
Quotations for Middling Cotton at Other Markets.—
in the table below we give the closing
quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week.
Week
•11.11
.1,005,600 1,069,200 1,050,600
3,000
3,500
1,400
69,800
51,700
28,300
48,000
39,000
18,400
at Hamburg...
at Bremen
at Amsterdam
at Rotterdam .
Stock at Antwerp....
Stock at Havre
Stock at Marseilles..
Stock
Stock
Stock
Stock
50,900
40,600
5,380
.
.
900
2,500
3,200
1,100
244,000
6,000
56,000
.
Stock at Barcelona..
Stock at Genoa
Total Continental stocks
.
149,000
9,600
7,400
91,000
14,000
9,000
9,700
446,800
371,000
Stock at Trieste
1.438
1,900
116,000
2,600
.
760
209,000
24,300
5,000
5,470
4,000
33,000
4,000
6,900
204,808
361,060
Total European stocks ... .1,451,800 1,380,200 1,255,608 1,337,860
337,000
India cotton afloat for Europe
346,000
445,000
291,000
97,000
405,000
Amer’n cott’n afloat for Eur’pi 0
256,000
402,000
34,000
34,000
45,000
47,000
Egypt, Brazil,Ac.,all t for E’r’p 0
483,845
525,205
Stock in United States ports .
465,043
469,897
61,724
110,351
Stock in U. 8. interior towns.
91,413
132,471
.
.
United States exports to-day.
4,700
4,400
5,000
8,000
Total visible supply
2,470,069 2,805,156 2,563,064 2,711,228
Of the above, the totals of American and other descriptions are as follows:
American—
Liverpool stock
672.000
315,000
97,000
S
.
.
.
723.000
211,000
405,000
483,845
525,205
61.724
110,351
4,400
.
4,700
Total American
East Indian. Brazil, dec.—
.
707,000
263,000
402,000
489,897
132,471
8,000
91,413
5,000
275,000
238,000
58.000
131,800
337,000
43.200
130,000
316,000
376,000
61,800
99,803
445,000
34,000
31,000
45,000
London stock.
.
.
.
Total East India, Ac—
Total American
835,800
.
223,000
46,300
93,060
291,000
47,000
796,200 1,027,603
708.860
.1,634,269 2,003,956 1,535,456 2,002,363
Total visible supply
Price Mid. Upl., Liverpool
2,170,069 2,805,156 2,563.064 2,711,228
03l6d.
57t}d.
6%L
5^lbd.
imports into Continental ports this week have been
43,000 bales.
The above figures indicate a decrease in the cotton in sight
to-night of 335,087 bales as compared with the same date of
1883, a decrease of 92,995 bales as compared with the corres¬
ponding date of 1882 and a decrease of 241,159 bales as
compared with 1881.
At the Interior Towns the movement—that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1882-83—is set out in detail in the following statement:
H
5
pqwrr’-spcx
*
g
fssw^fp-S
g
C^7,: p
o
Oo
•
X*
x
M
o
X
l- 1C i--* M
.
-3
W
Cv
Cl
b:
M
\D
O X -1
.
o:
* -1
•
O &
m
-i
m
XXCI5
r-*C’lC
s
c : x
®
.
o
£37
®
r2c^t-> x
.
so
•
’
•
•
r
m
rc a m
CrJ C/0 CC H"*
•
jJ'p
aa
:
■
.
i”3
•
n>
:
3
S p
5
:
>-
tc
MO IO-1
<JX
O '-3 O O O X to
►-
..
Philadelphia.
Augusta
Memphis....
St. Louis
Cincinnati,..
i/ouisville....
11%
1138
11%
11%
11%
11%
11%
11%
11%
11%
1138
11%
11%
11%
11%
11%
11%
U%
11%
11%
il%
12
11%
11%
11%
113a
11%
11%
11%
12
12
12
12
113s
11%
113s
1158
11%
11%
113s
115a
11%
11%
1138
1158
11%
11%
11%
1158
11%
11%
11%
11%
11%
11%
11 %
1158
11%
Hi*
HLj
116a
lli4
m
M
(->
^ P« CO oc O CP .TO tO
aM^icstoci
-HO to CO
*-}
— r-i
CO
M O'
CO to
COCO'—*co
mwo-jo:
CCHaaOC.tCtCHPHwlv|#.r-i^.
xcc
30
Week
ilUUllQ—
^
®
a
M
to
C.CC-1
rf-
a co o co - x to
-1
CO to
>— rfk p. •
CO X —J c to co
CO c
-1
r-
I
CO
.
to Cl
2s- ^
%
*£•
M CO
C5
mo
►— cp
tc I—*
a’Ss
1-000 M MO
hchcppodcd
-1 CO CO to -1
M CO
to**
CO WCO to
m
>—1 tC
CC CO
‘
|t-OCOO*-HOI»lHH!
CiO'OOC. Wf-CO 01'too.
oo^otcHH
<-*
£*X
<103
CD
CO
to
00.to M C' CO CO
-_j
C'^P — CO —i to
X CD o CO CO O i-*
d »-* •- c: co o
ol
CO
to
COM
M
O' M C't X M tC M CO
to
OCO^l CJDC
—J
O' X to to
JO
^ C*
co c;
to O'to
'
4- co
:
-4 CC O' CO CO CO
M
MM
M
M CC
XtOOOCOOi
0'0'^}C0MXCXO^4*vtO
—
CC O X Ol CO M X O CO CC Ol O C.
Ol CC
OiMtOtOtOCC
Ol Ol M M CC
to
w
CO 00
tc ic
X
CO O
CC*M Vl co
CO Ol O' CO *• Ol
CC X CO CC M
O
Ol
© tO M M ® CO CO U» © *4
M
'COMIOO OIMCO
-
MOIJOIO
vi'cc o m'o —
CO
i—
JO M CC M X Ol C M
CO C3 COA OOM to M M C CO CO CC - 1
O M ^4 Ol CO to Ol O M M M C Ol CO 01
M CC Ol to M CO CC o CC M I- CO c M Ol M O ^4 O
CC CC
CC M ,p CO
MM
Ol
—4 co —■
M
CO
M M M CO
c wy tciitooo
H
^
110CT.
COCO MOl COM COCO I
oiw'jcc.cao
CCOO'QlCCMX-ICOQiClMCOCOCOCOO'CC I
a2s
^
3
..ji,
c2^
.
*Thi8 year’s figures estimated.
The above' totals show that the old interior stocks have dereused
during the week 5,240 bales
less than at the
same
period last
and
are
year.
11%
11%
H9ia
11916
12
Ills
ULj
111*
113fi
111*
Mch.
7:.
*•
14
“
21
"
28
...
....
April 4
“
“
**
11
18
25
...
2
May
9
“
“
10
21
PLANTATIONS.
jst’fc at Interior Towns.
1882.
| 18c2.
1883.
58,747 124.820
57,454 111,181
01,91(1 105,002
54,035 80.999
44,467
78,708
32,229
29,800
72,935
00,527
59,241
48,701
33,006
34,423
25,881
50.575
20.C04!
43,970
13.9811 38.53)
1884.
| 1883.
1864
08,720 315,973 304,021 205,477
49,8.8 284,393 2>»7,173 184,414
42,035 2I-3.018 279,940 U 0,809
52,884,233.182 200.971 141,236
215,944 257,152 125,394
30,113.201,747 239.401 110.00,s
30.274 j 180,281 2:3.029 98,900
20,925.157,8.0 189,800 90,794
20,053; 143,327 104.383 8.2,809
15.057 U7,030 147,942; 81,235
6,094; 115,435,131.872; 75.N22
P,803' 104.018 125:505; 70,523
37,091!
Rec'pts from Plant’iu
1382
1883.
1884.
31,048 121,000
46,932
25,874 103,733
31,141 87,835
33,599 74,024
27,229 08,889
19,032 55,244
8,3-4 40,095
11,101 30.C21
19,914 23,338
10,184 34,134
6,009 29,905
28,813
19,030
33.311
2.504
SO.233
21,249
14,787
19,106
12.757
12,068
14 0c3
3,281
564
The above statement shows—1. That the total receipts
the plantations since September 1, 1883, were 4,764,900
in 1882-83 were 5,902,840 bales; in 1881-82 were 4,592,439
from
bales;
bides.
2.—That, although the receipts at the outports the past week
were 5,863 bales, the actual movement from plantations was
only 564 bales, the balance being taken from the stocks’ at
the interior towns.
Last year the receipts from the plantations
for the same week were 30,233 bales and for 1882 they were
2,564 bales.
of
Cotton
in
Sight May 23.—In the table below
1882-83.
1881-82.
1880-81.
Total in sight May 23
4,764,900 5,9(52.840 4,592,43P 5,638,76®
546.7261
264,000}
t
599,862
422,630
472,241
275,000
210,000
175,000
.
.
T
5,575,620 6,777,702 5,225,009 6,286,007
It will be seen by the above that the decrease in amount in eight
to-night, as compared with last year, is 1,202,076 bales, the increase as
compared with 1881-82 is 350,557 bales, and the decrease from 1880-81
is 710,381 bales.
Weather Reports by Telegraph.—There have been very
heavy rains in Texas during the week, the rainfall being
particularly excessive in the northern districts.
In conse¬
plantations have been flooded and work is at a
the Southwest the rainfall
In the remainder of the
South, however, the weather has in general been quite favor¬
able and the crop outlook is encouraging.
Galveston, Texas—It has rained hard on three days of the
week, the rainfall reaching one inch and sixty-one hundredths.
The thermometer has averaged 78, ranging from 63 to 84.
Indiaiiola, Texas— It has rained very hard on one day of
the week, the rainfall reaching two inches and fourteen hun¬
dredths.
The extent of damage has not yet been ascertained.
The thermometer lias ranged from 65 to 88, averaging 78.
Palestine, Texas—It has rained tremendously, on live days
of the week, the rainfall reaching eight inches and ninetyeight hundredths. Much damage has been done, and all
work is suspended.
Average thermometer 72, highest 85 and
stand-still. At a few other points in
has also been greater than desirable.
to to COM co
to M
C'CO -4 M to M to CJI C C -1 ^4 CO M c; -1 #*• to CO
C X C Cl C CO Cft C CO o M to if* c. M tO m t0
-to¬
X CO c co to
11*31
llbi
HJfl
11^4
111s®1
1138
1134
1\\
quence some
co
to
-4
CO
*
Receipts at the Ports,
Tot. receipts from plantat’ns
Net overland to May 1
Southern consumpt'u to May 1.
«>
CO
to
M
11%
11%
11 %
11%
11%
1138
Fri.
Receipts at the ports to May 23 4,743,533 5,793,7C() 4,533,846 5,530,131
Interior stocks on May 23 in
i
excess of September 1
21,367
109,030}
58,593 108,635
c_l
0D
11%
1883-84.
i*
i
to on •
tP CO
Thurs
11 %
ii%
RECEIPTS FROM
CC a
o -4 —‘ CO Ol
Oi m X CO 4-
Wednes.
Receipts‘From the Plantations.—The following table is
prepared for the pnrpose of indicating the actual movement each
week from the plantations. Receipts at the out-ports are some¬
times misleading, as they are made up more
largely one year
than another at the expense of the interior stocks.
We reach,
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland
receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the
outports.
Sg
a?
10-UOCCC:^ COMX»CO<1C tcoocvonx
b. % 'C M cA 1 Cl % XM X %V j p. CO o to Co
tC-CCC'^CX;US'.-‘Cl Jlvip-C'XCHp
CCH-OO to CC O' OOtCCXO'CC33r-*MO
-a <—* CC 10 Cj
I— I#- CO to M or
CO X to o o< CO
Wilmington..
Norfolk
Boston
Baltimore
Tues.
to them the net overland movement- to
a
iclo
to- CO 05 to CT.
00
c?
CC -O »P -.1
*-*
Savannah....
Charleston...
Mon,
ON—
we
>
m to or ao m co m
CO
Galveston...,
QUOTATIONS FOR MIDDLING COTTON
give the receipts from plantations in another form, and add
May 1, and also the
takings by Southern spinners to the same date, so as to give
substantially the amount of cotton now in sight.
*3!
Q
CC"0
C5 CO 0<
Satur.
New Orleans.
Mobile
Amount
*3
_
s :
!
O
P P
a-
§i
H
ud
—‘M
•
M M
to tot-1
-
M ,x
Hx *
r
^
o
•as9# S3
ziP tpc1®
g
xg
c-f
.
—
'55®
t—»
o
m
p p p ®
rt
»
•
S* GQ'«»
7302:
O
SO f.O sagg-gag.
4Jl>(
.1,631,269 2,008,956 1 535,456 2.002,363
...
The
613,000
105,000
256,000
465,043
CLOSING
ending
(f
976,800
6.500
623
to-night 48,621
The receipts at
lowest 60.
Huntsville, Texas— We have had very hard and unwel¬
rain on three days of the week, the rainfall reaching
three inches and thirty-four5 hundredths.
As yet we o*nnot
come
THE CHRONICLE.
624
report the effect of the rain, but it must be hurtful,
the highest being 91 and
mometer has averaged 78,
©st 6?.
Lu ing, Texas.—It has
The therthe low-
[vol. xxxvm.
Columbus, Georgia. —We have had no rain during
The thermometer has ranged from 64 to 89,
week.
th*
averaging
Savannah, Georgia—The weather has been pleasant during
rained enormously on one day of the
week, the rainfall reaching four inches and ten hundredths. the week, with no rain. Average thermometer 76, hie-hesf oft
6
™
We were needing a good shower, but not such a flood.
Ac¬ and lowest 65.
counts from the interior conflict.
The thermometer has aver¬
Augusta, Georgia.—The days have been warm and the
nights cool and pleasant, with light rain on one day. The
aged 78. ranging from 64 to 82.
Brenham, Texas.—We have had rain on three days of the rainfall reached two hundredths of an inch. Crops are about
■week, and coming on top of previous rains much damage has ten days behind last year, but promise well. Stands are good
been done. The rainfall reached three inches and sixty hun¬ and the plant looks strong and healthy.
The weather con-*
dredths. It is impossible to work.
The thermometer has tinues favorable. The thermometer has averaged 75 the
highest being 90 and the lowest 61.
ranged from 62 to 90, averaging 77.
Atlanta, 'Georgia.—It has rained on one day of the week
Belton, Texas.—It lias rained hard on three days of the
week, the rainfall reaching three inches and ninety-nine hun¬ the rainfall reaching forty hundredths of an inch. The ther¬
dredths. Work has been suspended and all streams are over¬ mometer has averaged 72*6, ranging from 56 to 86.
flowed. Much damage has been done. Average thermometer
Charleston, South Carolina.—There has been no rain
during the week. The thermometer has ranged from 65 to 91
75, highest 90 and lowest 56.
Weatherford, lexas.—It has rained on three days of the averaging 75.
week—a flood unprecedented. The rainfall reached thirteen
Columbia, South Carolina.—Telegram not received.
The following statement we have also received by
inches and ninety-seven hundredths.
Much damage has b^pn
telegraph,
done.
All work is at a halt, and there are railroad washouts showing the height of the rivers at the points named at 3 o’clock
everywhere. The thermometer has averaged 70, the highest May 22, 1884, and May 24, 1883.
being 84 and the lowest 50.
May 22, '84. May 24,
Dallas, Texas.—We have had rain on five days of the week
(another flood this week), the rainfall reaching five inches and
Feet. Inch. Feet. Inch.
Below high-water mark
1
8
twenty-two hundredths. Much damage has been done to both New Orleans
1
2'
-
and railroads; it lacks little of a disaster. Streams
everywhere out of their tanks. The thermometer has averaged
75, ranging from 60 to 92.
New Orleans. Louisiana.—It has rained on five days of the
week, the rainfall reaching two inches and seven hundredths.
crops
The thermometer has
averaged 78.
Shreveport, Louisiana.—We have had several heavy rains
:
^
23
6
31
41
Memphis
Nashville....
Shreveport..
Vicksburg...
Above low-water mark.
10
5
7
7
22
12
11
9
0
1
11
37
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to highwater mark of April 15 and 16, 1874, which is 6-10ths of a foot
above 1871, or 16 feet above low-water mark at that point.
during the week, with very heavy rain on the night of the
21st.
The rainfall reached eight inches and forty-eight hun¬
India Cotton Movement from all Ports.
We have
dredths. About six inches of rain fell on the 21st, and the
India
service
to
make
re-arranged
our
so
as
our
reports
more
river rose nearly two feet, but is now falling.
The thermom¬
detailed and at the same time more accurate. We had found
eter has ranged from 60 to 87.
Vicksburg, Mississippi.—We have had warm, sultry, wet it impossible to keep out of. our figures, as cabled to us for the
weather during the week, with rain on three days, the rainfall ports other than Bombay, cargoes which proved onlydo be
reaching four inches and twenty-one hundredths. We are shipments from one India port to another. The plan now
followed relieves us from the danger of this inaccuracy and
having too much rain. * The thermometer has ranged from 59
keeps the totals correct. We first give the Bombay statement
to 85.
Meridian, Mississippi—It has rained on one day of the for the week and year, bringing the figures down to May 22.
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
week. The crop is developing promisingly, and good progress
is being made in clearing the fields of weeds.
The thermom¬
Shipments this week.
Shipment * since Jan. 1.
Receipts.
eter has ranged from 58 to 91.
Great
Conti¬
This
Tear Great Conti¬
Sixes
Greenville, Mississippi—Telegram not received.
Total.
Total. Britain
nent.
Week.
Jan. 1.
BriVn. nent.
Columbus, Mississippi.—It has been showery on one day
of the week, the rainfall reaching fifty-seven hundredths of an 1884 29,000 41,000 70,000 366,000 512,000 878,000 94,000 1,216.0C(>
inch.
Considerable re-planting has been necessary, but stands 1883 17,000 21,000 33,000 319,000 622.000 941,000 72,000 1.275.U00
1882 39.000 25,000 64,000 607,000 400,000 1,007,000 75,000 1,277,000
are fairly good.
Weather favorable. The thermometer has 1881 20,000 36,000 56,000 199,000 371.000 570,000 43,000 840,009
averaged 73, the highest being 89 and the lowest 57.
Little Rock, Arkansas.—It has been cloudy on four davs of
According to the foregoing, Bombay appears to show an
the week, with rain, and the remainder of the week has been in crease compared with last year in the week’s receipts of
clear.
The rainfall reached three inches. Crops are looking 22,000 bales, and an increase in -shipments of 32,000 bales, and
very fine, but for the next two or three weeks will need dry the shipments since January 1 show a decrease of 63,000 bales.
weather to keep the grass down and bring crops to a stand. The movement at Calcutta, Madras and other India ports for
The thermometer has averaged 67, ranging from 56 to 77.
the last reported week and since the 1st of January, for two
Pine Bluff* Arkansas.—Telegram not received.
years, has been as follows.
“Other ports” cover Ceylon,
Fort Smith, Arkansas.—We have had rain on three days of Tuticorin, Kurrachee and Coconada.
the week.
Cotton is sulfering somewhat from cold nights.
The thermometer has ranged from 58 to 86.
Shipments since January 1.
Shipments for the week.
Helena, Arkansas.—It has been showery on two days, and
Conti¬
Orcat
Great
the remainder of the week has been cloudy. The rainfall
Total.
Total.
Continent.
nent.
Britain.
Britain.
reached three inches and forty hundredths. The river is now
fifteen feet below the danger line and falling rapidly.
The Calcutta—
127,409
40,600
1884
86.500
thermometer lias averaged 73, the highest being 78 and the
70,109
'Too
‘Too
1883
61,000
9,100
—
lowest 60.
Newport, Arkansas.—Telegram not received.
Memphis, Tennessee.—We had dry weather on the first
five days of the week, but on the last two there has been rain,
which was very beneficial to crops. The rainfall reached two
inches and seventy-five hundredths.
Average thermometer
70*5, highest 82 and lowest 54*5.
JSashoi/le, Tennessee.—We have had no rain all the week.
The receipts during the past fortnight were composed largely
of cotton shipped here from New Orleans for our mill.
The
thermometer has averaged 69, the highest being 88 and the
lowest 51.
Mobile, Alabama.—It has been showery on one day of the
week, the rainfall reaching one inch and fifty-six hundredths.
The crop develops promisingly; there are but few complaints.
The thermoncter has averaged 77, ranging from 64 to 91.
Montgomery, Alabama.—It has rained on two days, but
the remainder of the week has been pleasant and warm. The
rainfall reached fifty hundredths of an inch. The crop is
developing promisingly.
59 to 93,
The thermometer has ranged from
averaging 70.
Selma, Alabama.—It has rained
-remainder of the week has been
day, and the
pleasant.
The rainfall
reached twenty-eight hundredths of an inch.
The crop is
developing pr< misingly. Average thermometer 75, highest
on
one
Madras—
1884
1883
All others—
18*4
1883
400
Total all—
3 881
1883
400
.iob
13,000
4.600
17,609
4,500
1,000
5,509
13.500
4,0 00
3.400
16,909
2,000
6,000
113,000
69,500
4? 900
12,5 00
161,000
81,600
400
400
100
The above totals for the week show that the movement from
the ports other than Bombay is 300 bales more than same
week last year.
For the whole of India., therefore, the
total
shipments since January 1, 1884, and for the corresponding
periods of the" two previous years, are as follows:
EXPORTS TO EUROPE FROM
ALL INDIA.
to all Europe
from—
Bombay
All other
ports.
Total..
....
1882.
1883.
1884.
Shipynents
This
1
Since
This
week.
Jan. 1.
This
week.
Since
Jan. 1.
70,000
873.000
38,000
161,900
100
911,000
81.600
61.000
400
6,?»00;
169,vOO
38.100 1.0 2.6oO
70.500
1J76.709
Since
74.400 1.039.90"
This last statement affords
a
very
interesting
week,
j Jan.l1,007,009
comparison of
all India ports.
89 and lowest 57,
Mae ison, Florida.— Telegram not received.
Alexandria Receipts and Shipments.—Through arrange¬
Macen. Gtoigea.—We have had rain on one day of the ments we have made with Messrs. Davies, Ben iclii & Co., o
week.
More rain would be beneficial.
The cotton plant looks Liverpool and Alexandria, we now receive a weekly cable o
strong and healthy, though small, and a good stand has been the movements of cotton at Alexandria, Egypt. The following
secured. The thermometer has averaged 73, ranging from 56 are the receipts and shipments for the past week and for tn
to 87,
corresponding week of the previous two years,
the total movement for the three years at
THE CHRONICLE
24, 1824.]
May
Alexandria, Egypt,
1883-84.
May 21.
Receipts icantars*)—
This week....
Since Sept. 1
1,000
3,000
2,217,000
1
Since
This
Sept. 1.
Since
1 1.000 228,000
1,000
1,000 130,000! i 1,090
1
’
Liverpool
Continent
A. cantar is
375,000! !
SCO 170.371
d.
s.
d.
7
TL1
7
&7
9
*7
9*8 5
Mch21
~
Shirtings.
R.
28 S58 TO 9h 5
Apr.
4 8 34 Tb 9 x4 0
“
11 9lyi<v- 9*>i« 5
“
13 87s 'it 9 3s 5
“
25 8 7S To 9 '*8 5
May 2 8 :U to 9 q "5
“
9 8% & 9 bs 5
“
16 8 5s TO 93 8 rs
<(
23 33-1 TO 934 5
“
10^(77
TO 7
11
1IL3 co7
1 u Lj d> 7
.
8V97
8^a7
32s Cop.
Iwist.
*"rO
d
2 l.
51516
3b2
6
4
4
5
Ca6
d.
d.
1.070
600
3,515
1,670
3,515
Havre
Other French ports
109
46
Total French
109
48
Bremen
119
250
ports
8-q TO 934 5
83s a> 9*4 5
87if® 9q 5
9]4 5
Sqj TO 93 4 0
Shj TO 93s "5
6;-i(j
6*4
5h>
5*2
3
3
O-hc
63S
(->"*16
04
d.
9
9
9
9
9
9
89iset> 9hj 5 10
8^8 Tb 9^2 5 10
81
(516
O
6 34
Q)
Oott n
Mia.
Shirtings.
p.
9 3*_>
5 30
5 10
1,030
May
22.
period
previous
Sept. 1.
year.
3
8,070 314,585 445,643
19,251
4,376
1,639
8,070 333,836 450,019
33
Uplcs
50
29,904
28,130
101
21.728
300
21,288
52,985
29,851
Total to North. Europe
c3,4.>0
55,137
419
100
250
150
101
76,466 137,973
2 967
200
2,732
3,297
5,910
®7
®7
TO 7
T07
Tb7
TO 7
T07
Tb7
<tl7
@7
Spain, &g
2 00
5,699
9,207
8.401 445,905
’625,329
!
Grand Total
2,193
3,811
1,789
d.
d.
3
8.
558
Ihl
1*3
iq>
5916
3
3
55s
5»s
534
531(5
558
4^
4Lj
4L>
513If
54t>i6
4 *2
57s
28,030
33
Hamburg
Other ports
Total
29,904
100
All other
8*4 lbs.
d.
j 15.
Total
since
Spain, Op’rto,Gibralt’r,&c
1883.
8% lbs.
d.
Liverpool
Same
May ! Jh/#/
May
Total to Great Britain
1884.
ending-
8.
2,000(409,571
receipts for the week ending
May 21 were 1,000 cantars and the shipments to all Europe
•2,000 bales.
Manchester Market.—Our report received from Manchester
to-night states that the market is quiet but steady. We give
the prices of to-day below, and leave previous weeks’ prices
for comparison.
New York since Sept. 1.1883.
Week
Exported to—
Other British
2,000 311,000
This statement shows that the
•
of Cotton (bale3) from
Since
Sept. 1
OS lbs.
32s 0<p.
Twist.
Exports
1,500 239.200
83,000;
_
2 000
Total Europe
*
This
week.
direction, for each of the last four weeks; also the total exports
1, 1883, and in the last column
the previous year.
and directions since September
the total for the same period of
2,0C0
2,924,720
week. Sept. 1.
i
245,060!
exports (bales)—
1881-82
2,632,000
This
week.
To
To
1S82-83.
625
Shipping News.—The exports of cotton from the
States the past week, as per latest mail returns, have
Unite
reaclie
19,217 bales.
So far as the Southern ports are concerned, these
exports reported by telegraph, and published in
the Chronicle last Friday.
With regard to New York we
include the manifests of all vessels cleared up to Thursday
night of this week.
are
the
same
Total bales.
New York—To
Georgia Agricultural Department Deport.—The
report
Georgia Agricultural Department for May has been
issued. It speaks as follows on cotton :
of the
Tlie ami devoted to cotton is reported one per cent less than that of
last year in the whole-S' ate.
In North Georgia tlio acreage compared
to that of last, year is ‘-4, in Middle Georgia 100, in Southwest Ge >rgia
£0. in East Georgia 101, and in Southeast Georgia 102.
The average time of planting, is reported in the whole Slate seven
days later than that of last year. In North Georgia, twelve days later,
Middle Georgia twelve days, Southwest Georgia lour days, East Georgia
four days, and in .Southeast Georgia two days.
The amount of commercial fertilizers used on cotton compared to last
year is reported m North Georgia 1)7, in Middle Georgia 107, in South¬
west Georgia 100, in East Georgia is, in Southeast Georgia 77, and in
the whole State 96.
Eighty per c< ut of 1he cotton crop of the State is manured with com¬
mercial fertilizers, or home manures.
In North Georgia 94 per cent, in
Middle Georgia 84 per cent, in Southwe-t Georgia 79 per cent, in East
Georgia 80 per cent, and in Sum beast Georgia 07 per cent.
m
In North Georgia home manures or composts are reported as consti¬
tuting 33 per cent of the fertilizers used on this crop, in Middle Georgia
29 per cent, in Southwest Georgia 33 per cent, in East Georgia 25 per
cent, in Southeast Georgia 54 per cent, ami, in the entire State 35 per
•cent.
In North
Georgia 14
Georgia 5 per cent of the crop was up to May 1st, in Middle
per cent, in Southwest Georgia 72 per cent, in East Georgia
40 per cent, and in
In some portions
Southeast Georgia 82 per cent.
of North Georgia the crop was not all planted at this
date.
The stand where the cotton is up, compared to a good stand is 90 in
North Ge< rgia, 80 in Middle Georgia, 97 in Southwest Georgia, 91 in
East Georgia, 97 in Southeast Georgia, and 92 in the whole State.
The condition ol the plant compared to an average is 93 in North
Georgia, 84 in Middle Georgia, 97 in Southwest Georgia, 91 in East
Georgia, 97 in Southeast Georgia and 93 iu the whole State.
East India Crop.—Messrs. Wallace &
•dated
Co.'s cotton
Liverpool, per steamers City of Berlin, 708
City of Montreal, 2,104
Scythia, 314
Spain, 2,407
Wyoming, 2,417
To Havre, per steamer Normandie, 33......
To Bremen, per steamer Leipzig, 101
To Genoa, per steamer Burguudia, 200
New* Orleans—To Havre, per ship Iiyerson, 4.G11
To Rouen, per steamer Chancellor, 200
Charleston—To barcelona, per brig Maria Luisa. 528
Baltimore—To Liverpool, per steamers Carolina, 1,116
8,070
33
101
200
4,611
200
528
Hanoverian, 1,942
To Bremen, per steamer Ilabsburg, 173
B )STON—To Liverpool, per steamers Norseman, 699
Pavonia,
754
Virginian, 397
Philadelphia—To Liverpool, per steamer British Princess, 393
Total
The
form,
3,*>50
393
19,217
-
particulars of these shipments, arranged in
are as
3,r53
173
our
usual
follows:
lire-
Liver-
pool. Havre. Rouen,
New York
N. Orleans
Charleston
Baltimore
Boston
8,070
33
4,Gil
liarce
Iona. Genoa.
men.
101
200 •
200
Total.
8,404
4,811
528
523
3,058
1,850
Philadelp’a
173
3,231
1,350
3o3
Total
13,871
393
4,614
200
274
200
528
Below we add the clearances this week of vessels
cotton from United States ports, bringing our data
the latest dates:
New Orleans—For
19,217
carrying
down to
Liverpool—May 17—Steamer Y^ucatan, 5,614
May 21—Ship City of Liverpool, 4.850.
For Havre- May 21 -Steamer Provencia, 3,318.
For Vera Cruz-May 19- Steamer Tobasqueuo, 180.
report,
Bombay, April 18, gives the following
:
Boston—For Liverpool—May 16—Steamer camaria, 167
May 21satisfactory quality is now difficult to obtain.
Steamer Missouri,
Bioach is rapidly coining to an end, and Dliollerali is therefore the only
Philadelphia—For Liverpool—May 16—Steamer Pennsylvania, 195.
growth that is likely to be available for shipment to Europe in any
quantity after the end of this mouth, but, looking to the improvement
Below we give all news received to date of disasters to vessels
that lias lately taken place in prices, there is every probability of tlicr
hulk oE that eiop being marketed before the rains, which will go some
carrying cotton from United States ports, &c.:
waj* towaids making up for the unexpected shortage in the supply of
Assyria, bark (Br.), from Mobile for Liverpool, before reported ashore
and
Broach,
and
•Oomrawuttce
bring the export to Europe for the halfon Port Ellen, parted in two longitudinally about midday May 7.
year up to 909,000 bales.”
About COo bales of cotton in or about wreck.
“Oomrawuttec of
.
The Following are the Gross Receipts of Cotton at
New York, Boston, Philadelphia and Baltimore for the past
week, and since September 1, 1883.
New
Receipts
.......
'This
j
i week.
1
from—
New Orleans.!
Texas
!
Savannah.
Mobile.
This
Since
Sept. 1.
week.
Sept. 1.
153,880
week.
Since
This
Since
Sept. 1.
week.
Sept. 1.
1,906j
......
1,014
64,050|
.
58
252
13,154
1
6,107
So. Carolina..!
No. Carolina..!
135
110,214
113!
471
Tennessee,&c
Foreign
1
513
377
51,207
2,450
97,105;
106,926
2,591
177,270
5,985
....
..
.
.
15,323
8,873
1,381
1
40,544
2
24,999
580
83,827
18
(
1,30 i
41,003
411
28,832
......
1 18,451 1,244,345,
3;
0,540
422,90
8,309
491,179
Do
Do
of
c.
sail
c.
sail...c
Do
sa.il...
Barcelona, steam, c.
Genoa, steam
c.
106,871
1,245
212,095
Trieste, steam ...c.
5,079
165,732
6.527J
301,238
Antwerp, steam,.c.
as
follows:
Wednes
Thurs.
Fri.
9eY
kU
*8*
>8*
J6*
i6*
....
....
....
....
....
38*
3g*
38*
3&*
....
....
....
....
38’
3&*
....
....
....
....
....
38*
30*
38'
....
....
....
51G*
V
v
....
...
.
J4*
38*
3g*
38*
3b*
...
....
....
....
....
‘32
....
....
....
3b*
....
V
....
-
c.
2,8u5
Cotton from-New York this week show
Tues.
Reval, steam... c 31(.'®732* 316®732* 310®
—
3l.G^7324 316®7324 316'a>732*
*
V
lo *
V
w
71G*
71G*
&16*
716*
V
71G*
7i«*
V
....
...
l2*
lo*
*
‘16
7I6*
7«6*
716*
14*
716*
14*
716*
V
n
Compressed.
an
increase, as compared with last week, the total reaching 8,404
bales, against 1,789 bales last week. Below we gi/e our usual
table, showing the exports of cotton from New York, and their
sail
Imst’d’m, steam.c.
Do
sail...c.
*
The Exports
sail... d.
Mon.
Havre, steam—c.
59,102
t
i
Do
Hamburg, steam, c.
1
222,519
2,205
2.423 1,060,253
Liverpool, steam d.
Do
14,168:
30.420
I
Satur.
1
••
■
Virginia
*
North’ll ports
This year...!
••
freights the past week have been
8remen, steam, .c.
14,530
1
ye:™'...
| This
2,130'
.
Florida
Last
174
214,953
206,98.
733
333
Baltimore.
!
...
Since
PH
..
! Philadelphia
Boston.
York.,
Cotton
Liverpool.—By cable from Liverpool, we have the following
&c., at that port. We
statement of the week’s sales, stocks,
add previous weeks for comparison.
620
.THE CHRONICLE
May 2
May 9.
May 16.
«»!©• of the week
bales.
52,0<*0
56,000
Of whioh exporters took
5,200
7,400
Of which speculators took..
1,600
2,400
Sales American
4 6000
40,000
Actual export
13,000
17.000
Forwarded
14 900
13,700
Total stock—Estimated
1,049.000 1,041.000
Of which American—Estim’d
757.000
732,00<
Total import of the week
58,000
79,000
Of which American
20,<)0<
49,000
Amount afloat
214,00'
105,000
....
Of which American
84.00*
74,000
5,500
79.000
-6.000
7,300
48,000
57,000
advance for the week of 2c. on the
spot
one time noticeable was
lost to-day
The bull clique at
Milwaukee, it is stated, refuse to sell. No
2 red closed at $1
03i£ for June, $1 05% for Julv, $1*05 for
August and $1 05% for S-ptember.
while
5.700
8.1O0
9,500
11,200
997,nO0
722,000
11.500
947.000
Indian
has been in fair demand for
export and prices
a little.
The speculation has been
small, however. The weather has been favorable in unusually
the main
but there are fears expressed that some of
the stock at Chi¬
cago will have to be posted as unsound if it is
kept much
longer. To-day there was a light trade here at a decline
of i£c.
to %e.
No. 2 mixed closed at 63c. in elevator,
62%<\
for
Mav
and June, 64c. for
July and 65%c. for August, showing an ad¬
vance for the week of
4 1.000
15,000
10.4,000
31,000
Note.—'\85f> bales which we*e burnt at
Liverpool are deducted from
the total stock; 4,480 bales of the above were American.
The tone of the Liverpool market for
spots and futures each
flay of the week ending May 23. and the daily closing prices
of spot cotton, have been as follows:
Spot.
Saturday Monday.
^
Market,
12:30
Md
Business
good.
j
p.m.
Steady;
Firm.
less active
6M
63s
6*4
63g
10,00c.
15 030
IO.O00
2,o°e
3,000
2,000
Upl’ds
hlid.OrPns
Bales
Tuesday.
Spec..v exp.
.
Wcdves.
Thursday
Business
g"Od.
Quiet.
C&K3
6'16
G5.6
G7ie
12 ..'oo
3.000
12 000
12.000
2,000
2.000
6’itt
67u,
Frida
12:30
)
Market, (
5
%c. to lc.
Rye has been firmer and fairly
active.
There is considered to be a
possibility of an import
duty being levied on this cereal by France and
Germany. Oats
have been quiet and
featureless, beyond the fact that prices
at one time advanced
slightly in response to a rise in other
cereals.
To-day the market was dull and weaker. No. 2
mixed closed at 37I3C. for June and 38c. for
July.
The following are closing quotations:
>■
Business
good.
G5 16
G7]*3
Si,. 2 spring...$
No. 2 winter
litr If
steady.
doing.
Quiet.
Easy.
with fair
demand.
Steady.
Minn, clear and stra’t
Vinter sliipp’gextras.
Winter
clear
and
Quiet.
Steady.
Steady.
straight
Patents, spring
opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless !
otherwise
pence and BUhs. thus: 5 02
and 6 03 means 6 3-64 tf.
Sat., May 17
Mon., May 1 9.
Open High Low. Cl os.
0 lc
6 18
6 18
0 18
j d.
I 0 19
ii !7
6 18
6
17
0 l.s
!
6 19
6 21
6 19
0 21
0 24
6 25
0 24
6 25
6 28
6 29
6 28
d 23
; 0 23
j 0 27
(5 31
6 31
6 31
0 31
d.
d.
d.
d.
May
May-Jone
June-July..
July-Aug...
Aasr.-Sept..
September..
8ept.-0ct...
6 25
6 25
6 25
0 25
Oct-Nov....
6 11
6 14
0 14
0 14
Nov.-Oec..
0 Id
6 10
6 10
0 10
.
Dec
-
Tan....
....
Jan.-Feb—
[ (ypen
.
.
.
....
.
•
.
0 20
j 6 31
1
J
.
0 33
d.
...
■
>-pen
1
d.
6 20
6 19
0 eO
0 20
0 19
0
d.
!
0
High Lo UK Clob
■
d.
0is
0 18
0 :s
0 18
0 19
0 19
0
0 18
•i
18
0 22
0 22
0 27
0 27
0 31
0 30
6 30
1
R33
-133
6 33
|
1 0 27
0 27
0 20
6 20
6 13
0 13
0 13
0
0 2:
0 20
0
20
0 25
0 25
0 30
0 30
0 28
0 32
0 32
*'
■0 :o
0 23
0 29
0 28
0 26
6 10
0 10
0 15
0 :5
!
0 1 1
Gil
041
!
....
0 21
i
0 09
0
0 t
9
20
•
•
•
.
....
1
•
.
•
.
•Vheat—
Spring,per bush.
Spring No. 2
May
21.1
Open High Low.
May
May-Junc..
JuE»-Jnly..
July- \ug...
Aug.-Sept..
d.
d.
d.
0 18
0 18
0 18
0
0 IS
0 18
0 17
6 18
0 19
0 2
0 19
0 20
0 09
0 f9
Chicago
•
Milwaukee..
>
j
d.
18.
d.
d.
d.
d.
0 20
0 20
0 20
0 25
d.
0 25
d.
d.
0 24
0 24
0 20
0 20
0
20
0 20
0
23
0 25
1
6 28
0 24
0 22
0 .2
6 21
0 22
0
24
0
25
0 24
(5 25
0 25
0 24
0 25 :
0 20
0
27
0 20
0 27
0 28
0 30
6 28
0 28
0 28
0 28
'
0 29
0 29
0 30
0 31
6 30
(131
0 32
0
31
0
September.. 0 31
Sept--Oct... 0 28
0 13
T>et.-Nnv..
Nov.-Dec... 0 09
6 32
0 31
0 31
031
6 33
0 83
6 33
0 38
0 35
0 36
0
35
0 30
e.o|
13,1
0 27
0 28
0 27
a.s
31
0
0 14
0 15
0 14
0 15
I
1
6 11
« 11
0 11
0 11
!
1
0 20
0 26
6 13
0 13
0
0C9
0 09
0 09
....
-
...
....
....
...
an.-Feb...
0
80
30
0 30
0 18
0 10
0 18
13
H 15
0
0
0 12
6 12
0 18
n
13
.
.
.
15
73,252
0(5,90.1
22,702'
150,520
2,750
has
'
2
2
.
38h
44
4' V?
.
41%
d
....
d....
..........
.
d....
Oats.
Barley.
Rye.
48,917
79,049
15,195
17,243
12,517
8.700
30.125
2,500
210.210
102,501
115,123
241,035
17,030
12,000
1.00' ,463
154 781
43,312
185,78)
110 551
92.041
30,353
51.081
157,608
014,458'
wk. ’83
103,257
092.540
'auie
wk. ’82
137,939
497,200
i
6.740
•
•.
11.000
815,771
1,287,310
1,371,083
926.877'
009,953
1
j
■
■
1883
7,537,481
02 505,435
7.805,4731
6,486.107;
07.707.001
92,245,033
75.080,0? 1
52,084 810
1888
42.080,151
10,0:4 15 V
14.852 709
30,938,953
92.026.308
30,539,307
11.00 1,107
0,384 401
4,010 035
8,503,459
shipments of flour and grain from the same
1881, inclusive,for four
1883-34.
bble.
bush.
....
IPS 1-82.
.
1880-81.
2,818,873
3,294 495
16,194,785
27,534 316
14,805,39 >
10,602,132
8,355,589
29 306 316
11,385 832
2.164,219
38.238,56 1
16,392 293
4,372,7 46
1,273,466
1,932.745
1,115.018
1.865,399
70 451.438
70,870,200
52,014.50)
57,261.928
2.516.391
Total grain
1SS2-83
3,651,289
33,895,51 9
17,069,919
~>arley
May 23, 18S4
3,953,650
been very
10.737.111
9 ;o 817
quiet and more or less de¬
Below are the rail sliirunouts from Western lake an 1 river
pressed. The higher grades of both spring and winter flour ports for four years:
1884.
IS 83.
have been the best sustained, but even these have sold to
1881
1882.
only
Meek
Week
Week
Week
a mrderate extent.
Most descriptions have been in
May 1 7.
May 19.
May 21.
May 20
ample cionr...
bids.
81.679
13 i.490
159,193
40.959
supply. To-day the market was quiet but steady.
SO.eat..
bush.
Wheat has been in better demand for
398,265
.1 40,9 43
326,843
407,202
export, and the firm¬
'orn
876,020
532.720
381,994
254,597
ness of holders has alone
bits....
98 4.235
prevented a notable increase in the
623.837
499.518
726,580
’arley...
54.53 2
64.25U
3 J .746
59,802
trade. Foreign exchange lias at times been somewhat more
ye
98.559
53,833
45.‘ 09
3S.107
favorable to exporters, and this fact has
encouraged business,
Total.
2.121,429
97 9,024
1,441.099
1 .755,217
as also have the rather
stronger markets in Europe ; while
The exports from the several seaboard
po
ts
for
the
week
the possibility of an import
duty being levied on wheat by ending May 17. 188h are shown in the annexed statement:
France and Germany has not been without a certain influenceExports
Flour.
Wheat.
Corn.
Oats.
High rates for money and excessive carrying charges, how.
Peas.
rrom
Rye.
ever, have caused a
falling off in the speculative .transact ons
Bbis.
Bush.
.Bush.
Bush.
Bush.
Bush.
here, and in Chicago the same causes have produced a like •lew York
82.258
250.7 9
106.92C
770
H 3,431
47.021
Boston...
9.905
15,230
109,276
result.
The weather has been
^favorable for the crop. Prices ‘’•irtland.
Montreal.
30O
have fluctuated frequently.
55491
77,499
9,771
Yesterday they advanced, owing ^hiladol..
5.334
1.323
1,514
to light receipts at Chicago and some demand from the
Baltim’re
7.117
275,5 1 5
shorts.
458,470
16,921
'LOrl’ns
1.010
98,737
To day there was a moderate business here at a decline of
%c.
Total w’k.
to lc.
No. 2 red sold at $1 03 in elevator, $1
111,279
79,603
56.961
651,771
58,939
120,385
03}g s’me time
for June, $1 04%@$1 05% for
1883.
118.568
019.374 1,250.124
July, and $1 04%@$1 05for
66.671
6.140
li 9,533
.
2,757
......
Tot. wfe. ’84
Vheat
BREADSTUFF S.
rule
73^8
36
40
...
Corn.
\m;e
ats
as a
.
Barley-No. 1 Canada
No. 2 Canada
State, two-rowed...
State, six-rowed
2,180
2,950
1
orn
Flour
61
70
63
70
11,520
The comparative
!!*.
,
0314
72,275
1,005
Flour
j
i
Phi DAT, P. M
2
2
Q
d
.
G8
71
75 bj
@
ports from Dec. 24, 1883, to May 17,
years, show as follows:
C IS
j
.
d
..
White
No. 2 mixed
No. 2 white
•
*
.
State A Canada
Oats- Mixed
1 12,191
.
1881
!
...
Feb.-March.
•
•
Wheat.
InceAug.l —
33
(5 10
0
*
j
Duluth
Open High Low. a os.
d.
3 40
3 45
65
69
.
'lye—Western.
105 935
ueorla.
6 20
59
63
65
65
60
84,347
St. Louis
Frl., May ‘2 3.
Open High Low. Clos.
-
-
.
1,879'
Cleveland.
0 25
Dec.-Jan....
J
Clos.|
002
35 2
Bbls.imhs Bush.H0 lbs BushMlbs Bush. 32 lbs BushA8lbs
Bush.SQlb.'
42,485
45,820
400.746
020.982
31.065
22.822
Toledo
ThifrM., May
-
*
-
13
...
j
-
79
Flour.
Detroit
Wed new.,
9;
,
....
...
...
1 03
•
Corn—
Western Yellow
pi.
S.
d.
n 1 06
d.
a>-
...
Red winter, No. 2
Red winter
White
White No. 1
Corn—West, mixed
West. mix. No. 2.
White Southern..
Yellow Southern.
Western white...
Receipts at—
...
....
Ibd 6
00 3 5 50
80 3 4 10
0 31
I
....
.
6 61
5 10
statements 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 compara
tive movement for the week
ending May 17 and since Aug. 1
for each of the last three years:
.ViS
31
00®
00®
The movement of breadstuff's to market is indicated in the
d.
0 23
0 11
|
64d.,
0 27
•
Feb.-March.
5 62
Tues., May 20.
High Low. Clos.
d.
means
3 00 ’Patents, winter
$5
2 503 3 10
City shipping extras.5
2 00 3 3 50
Southern bakers' and
3 25 Zt 4 50
family brands
4
4 00 3 5 75 South’n
skip’g extras, 4
3 50® 3 65 Rye flour, superfine..3
Corn meal 4 00 d 6 00
3
Western, Ac
5 00 d 6 60
Brandywine, Ac.... 3
a
OK UN.
The
stated.
cw The price* arc (jiven in
FL' >UR.
Steadier.
Steady
season.
bbl. $2 35
Superfine
Spring wheat extras..
Quiet;
but
St eady.
{
P. M.
Quiet
Steady.
^
p.m.
corn
Barley is out of
futures.
Market,
an
rise in futures at
a
have advanced
672.000
34.000
23,000
107.000
30.000
44.000
August, showing
May 23
si«[Vol. XXXVIII
BSSSR*’"
—
0
.
.
......
■
....
.
.
'
.
.
•
•
'-g'-vc""
& '
?'
f
r
.
ESS®
‘
‘
May 24, 1884. J
THE CHRONICLE.
The destination of these exports is as below.
Flour.
Exports
for week
to—
1884.
1883.
Week,
May 19.
May 17.
Bbls
Bb/s.
Bush.
380,144
416,459
422
69,214
2,467
8,600
14,937
23 327
23
111.279
118,5 A
58.540
2.406
•
14.340
17.962
17.604
Total...
Wheat.
Week,
May 17.
Un.KingContin’nt
S.&C.Am
W. Indies
Brit. Col’s
Oth.o’nt’s
We add the
227 to Chili, 200 to British East
Indies, 120 to United States of
Colombia, 112 to Venezuela;, and minor
shipments to other
destinations. The demand for
nearly all descriptions of cotton
goods was extremely light at first
hands, and the jobbing trade
was very
quiet. Despite the lack of demand
prices are with¬
out quotable
change, and the most desirable fabrics are
steadily held, though slight concessions could
probably be ob¬
tained by buyers of “round lots” of
outside makes—if
any
such buyers could be found.
Stocks of plain and colored
for comparison:
year
1881.
Week.
Corn.
1883.
1884.
Week,
May 19.
Week,
May 17.
Bush.
3"9,8 36
251,735
1883.
Week.
May 19.
Bush.
417,870
211.697
11,122
4,803
Bush.
973,981
261,767
9,260
9.031
2.862
2.114
HO
1,727
324
796,603
619,374
tons
gradually increasing, but production is being
kept
within reasonable
bounds, and no unwieldy accumulations
exist as yet. Print cloths were in
moderate demand and
fairly
steady on the basis of
651,771 1,250,124
By adding this week's movement to our previous totals we
have the following statement of
exports since September 1,
this
season
and last
Exports sinct
Sept. 1, to-
1388-84.'
Sept. 1 to
May 17
1382-88.
1883-84.
Sept. 1 to
Sept.. 1 to
May 17.
Sept. 1 to
May 19.
Sept. 1 to
May 17.
Bbls.
4,891.781
19,8'. 0.698
272.262
392.8 ;0
12,836.656
509.880
518,! 5?
662.471
1,223
37,385
Oth. countr’s
24.523
5,509.04s
...
Bush.
3,001.782
616,391
424,210
Corn.
1883-84
May 19.
8. AC. Am...
West Indies.
Brit. Col’nies
Total.
Wheat.
1882-83.
Bbls.
On. Kingdom
Continent...
3}£c. for G4x04s anu 3c. for 56xG0s, with
sellers than buyers at these
figures. Prints were
very dull in first hands, but a fair business
was done in these
goods by j bbers; and other wash
fabrics, as
rather
season:
Flour.
Bush.
Bush.
20.275,808
24,519,678
119.552
1,318.747
304.170
305.336
305,377
121,303
118.274
117,512
29.125,293
30,060.149
434,126
8,010
32,442
17.567
63,353
15.606
203,206
6.035,557
32.751,53ii
55.489.343
regards
4,700.027
82.435
In store at—
Sew York
Do afloat (est.).
Albany
ibush.
485,769
69. >,870
18,000
3-7,676
26.300
4,402,587
11,082
222.949
17.304
7o,000
41,751
7,6-'6.037
IPwankee
1.01 .,843
Duluth
2,436.647
941,320
153,024
Toledo
Detroit
Oswego
102.250
Bt. Louis
Cincinnati
Boston <10th)
Toronto
Montreal
325,7<)1
87,213
-
....
Philadelphia
Peoria
Indianapolis
Kansas City
32,382
152,642
21 1.261
100
410,623
106,717
930,578
1,008,820
Tot. May 17, ’84.
Tot. May 10,’84.
Tot. Way 19, *83.
Tot. May 20,’32
Tot. May 21,*81.
.
DRY
40.773
4 8 06 0
13,000
522.1 66
203,723
21,0; 2
250 529
53,884
24.987
7,639
34.380
511.-0
>
36,500
1 395
17
5 ">,838
14 135
1,588
318.0
10 398
3,201
1,651
m
m
.
.
30 681
12 300
2.10*'
267.557
ft
p?||!l
®:•
o
TRADE.
beyond
a mere
season
has
now
so
far
rf■
nothing
by whole"
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jobbers in
most sections of the
difficulty
in making collections from their customers.
Domestic Cotton Goods.—The
exports of domestics for the
*eek were 3,289
packages, including 2,345 to Great
Britain,
!
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limits, while the order demand was
conspicu¬
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reports about the
condition of the
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Dpheaval has engendered a
very cautious feeling
&e
•
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some
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;
hand-to-mouth demand is looked for
sale merchants, but even
these moderate
expectations were
not realized.
There were very few out-of-town
package buy¬
ers in the
market, and their purchases were confined within
Merchants, and
:
.
•
.
®:
: :
exceedingly light, and dis
appointing to manufacturers’ agents, importers and jobbers
The
H
i
i
Fkid.4T, P. M., May 23, 1884
III the wholesale branches of the
drygoods trade the past
week the volume of
business was
alike.
ft!
_
Si i ?i li
GOODS
Dry Goods.
importations of dry goods at this port for the
week
ending May 22, 1884, and since January 1, and the
same facts
for the
corresponding periods of 1883, are as follows:
492,617 1,218.903
511,341 1,334,234
790,570 1.734,269
999.119
of
The
65,500
258,432
189.701
dull arid featureless in first
spasmodic and irregular.
were
Importations
59.135
737,502
in fair
move
hands,
jobbing trade was
There
was, however, a steady call for small
parcels of light summer
fabrics, as white goods, laces, nun's
veilings, summer silks and
specialties in ribbons and millinery
goods. The auction rooms
presented small offerings of assorted
goods, but with indiffer¬
ent results, the demand
having been slack and prices low.
3,721
17,318
Satinets continued to
of back
on account
and the
....
«...
than of late.
r
Foreign Dry Goods
40,328
45.171
10,50 ’
36.256
341,3 9
132,150
10.297.790 9.96^.919 3,161,908
20,297,614 10,517,"OJ 3 4 <?<,1U2
20.546.587 11.685,858 3,-71.243
9,8 >4,224 8,158,139 1,896.678
16,561.830 11,233,009 8,721.218
THE
bush.
91 /
14.087
152,223
97.369
10.5 >0
13,974
684,73 S
645,361
1,102,200
bush.
.15,788
very
orders, but the current demand
was only
moderate. Jersey cloths,
cloakings and stockinettes
were
in light and
irregular demand, and dealings in llannels
were
mainly restricted to popular makes of white wool
flannels, in which a fair trade was done
by agents. Carpets,
and shawls ruled
quiet, and the demand for
hosiery and knit
underwear was
exceptionally light.
A*,/-..
317,67.8
115,993
11,718
BarLtt/.
steadi
quantities
57.246
81.525
27,6ol
10.800
61.472
223 658
133,409
455,925
370,112
1.213
19,130
70,837
83,300
Baltimore
Down Mississippi.
969,59 5
1,398,194
8,751
On rail
On lake
On c.ai al
bush.
2,075.473
48,000
Buffalo
Chicago
Oats,
business) having been
new
account of
early
purchases, but the supply of indifferent
styles and poor
qualities is-somewhat redundant. Stocks of
Kentucky jeans
in first hands have been
reduced to a minimum
by curtailed
production and recent large sales, and
goods of this class are
supply of grain, comprising the stocks in
granary
at the principal points of accumulation
at lake and seaboard
ports, and in transit by rail and water,
May IT, 1884, was as
follows:
(Corn,
were
unsatisfactory. Many
the most popular
heavy cassimeres, worsted coatings and
overcoatings are well under the control of
orders, and fair
deliveries of these goods were made
on
of
The visible
Wheat,
bush.
ginghams, lawns,
in fair request.
Domestic Woolen Goods.—The demand for
woolen goods
lias shown no
improvement, the transactions of the week (as
Bush.
6,955,83i >
more
chambrays, foulards, sateens, &e.,
1882-83.
Sept, l ?■
May 19.
31,013 971
24,073 655
I
cot¬
are
1
orresponding period of last
627
5j
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-
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it
THE CHRONICLE.
r fi28
[vol. xxxvrn.
WlcsUvn Ilauhcrs.
jihnfhjerti fSattkers.
tmromce.
Thos. P. Miller & Co., N. W. Harris & Co*,
BANKERS,
INVESTMENT
MOBILE, ALABAMA,
Special attention paid to collections, with prompt
remittances at current rates of exchange on day of
payment. Buy and sell State of Alabama and City
No. 176
Correspondents.—Bank of the State of New York
New York; Louisiana National Bank, New Orleans;
Texas.
NEW
Brinckerhoff, Turner
& Co.,
BENJ. A. BOTTS.Pres’t
B. F. WEEMS. Cashier.
P. A. Wiley,
W. T. Blackwell,
Manufacturers and Dealers In
Cashier.
President.
The Bank of
Mutual Insurance
Co.,
Commercial (Cards.
accessible points.
Directors.—Benjamin A. Botts, Pres’t; F. A.Rice,
C. C. Baldwin, W. B. Botts, Rob’t Brewster, S. K.
Mcllhenny, B. F. Weems.
atten¬
collections on all
attention to
special
ATLANTIC
The funding of entire issue s receives special
tion. Write us if you wish to buy or sell.
CITY BANK OF HOUSTON,
CAPITAL, $500,000,
Houston,
STREET,
State, County, City, Town, School,
and Car Trust' Bought and Sold.
BONDS,
Bank of Liverpool. Limited. Liverpool.
We Rive
DEARBORN
CHICAGO, ILL.
Of Mobile Bonds.
THE
OFFICE OF THE
RANKERS,
YORK, January 24.1884.
The Trustees, in conformity to the Charter of
the Company, submit the following Statement
of its affairs
Premiums
1st
on
the 31st
December, 1883:
Marine Risks from
on
January, 1883, to 31st De¬
cember, 1883
COTTON SAIL DUCK
Durham,
Premiums
on
$4,168,953 10
Policies not marked
off 1st January, 1883
1,539,232 53
And all kinds of
DURHAM, N. C.,
Total Marino Premiums
CANVAS,
FELTING
CAR
DUCK,
COVERING, BAGGING, RAVENS DUCK, SAIL
TWINES, &C., “ONTARIO” SEAMLESS
BAGS, “AWNING STRIPES.
$5,708,185 63
COTTON
With ample means, and facilities excelled by no
Bank in the State, invites correspondence and pays
special attention to collections.
B.
Burruss, Pres’t.
A. K. Walker, Cashier
First National
on
Bank,
supply, all Widths and Colors, always in stock
Brown, Wood & Kingman
CHARLESTON,
SELLING AGENTS
Geo. II. Gilbert
CHARLESTON, S. C.
FOR
Mfg. Co
Freeman Mfg. Co.,
Co., James Phillips, Jr.
Fitchburg Worsted Co..
Renfrew Mlg.
IttERCHANTS’
George Wliitney,
Collections made on all Southern points on best
terms; prompt returr s.
BOSTON, 31 Bedford Street,
tvt'wt x-rkT>Lr ( oS
«fc CO Worth Street, and
JNLW
NATIONAL BANK,
RICHMOND, VIRGINIA.
Continental Mills,
Lincoln Mills.
&
JOHN P. BRANCH, President.
Fred. R. Scott, Viee-Pres’t
BANKERS
AND
COMMISSION
37 Thomas Street.
Joy, Lincoln & Motley,
CO.,
MERCHANTS,
43
Railroad, for sale.
Ocean Mills
Mortgage
New York, Boston,
BROWN
AND
Drill*, Wheelings, -die., for Export Trade.
Bank,
L.
Everingham & Co.,
GRAIN
Bank,
on
Wm. w. Thornton. Cash.
&
Sears
SON,
STATIONER
BANKERS AIND BROKERS,
SHELBYVILLE, ILLINOIS.
Collections made In Shelby and adjoining Counties
in
&
AND
Cole,
PRINTER,
Supplies Banks, Bankers, Stock Brokers and Cor¬
No. 1
WIJLLIAM
(HANOVER
&
1,588,306 79
335,710 68
$12,972,312 47
Amount
on
the outstand¬
ing certificates of profits will be paid to the hold¬
ers thereof, or their legal representatives, on
and after Tuesday, the Fifth of February next.
THE
OUTSTANDING
CERTIFICATES of
I JOSEPH
STREET,
SQUARE.)
GiLLOTTS!
STEEL PENS
a
Bpecialty. Good Investment Securities, paying from
to 10 per cent, for sale.
References in New York,
by permission, Clark,
Dodge & Co., 51 Wall St.; Ilatcn & B’oote, 12 Wall St.
References In St. Louis, Banks generally.
paid to
legal representa¬
tives, on and after Tuesday, the Fifth of Feb
ruary next, from which date ail interest thereon
will cease. The certificates to he produced at
the time of payment and canceled.
the holders thereof, or their
PER CENT is
premiums of the
Company, for the year ending 31st December,
1883, for.which certificates will be issued on
and after Tuesday, the Sixth of May next.
A DIVIDEND OF FORTY
declared
on
the net earned
By order of the Board,
J. H.
,
CHAPMAN, Secretary.
TRUSTEES
|
l
Gray,
J. D. Jones,
Horace
Charles Dennis,
Edmund W. Corlies,
W. H. H. Moore,
Adolph Lemoyne,
Charles H. Russell,
James Low,
Robt. B. Miuturn,
David Lane,
John Elliott,
James G. De Forest,
Gordon W. Burnham,
A. A.
Raven,
Charles H.
Marshall,
Leverich,
Charles D.
Wm. Sturgis,
William Bryce,
Benjamin H. Field,
William H. Fogg,
Josiah O. Low,
William E. Dodge,
Horace K.
Coddington,
Thurber,
Thomas B.
Degroot,
Royal Phelps,
C. A. Hand,
William
John D. Hewlett,
N. Denton
William H. Webb,
George Bliss,
William H. Maoy.
Charles P. Burdett,
CO.,
STREET, ST„ LOUIS,
Western Securities.
Defaulted Bonds of Missouri Kansas and Illinois
1855.
1871.
KELE1IER
Dealers
future
porations with complete outtlts of Account Books
and Stationery.
PIT* New concerns organizing will have their or¬
ders promptly executed.
aid Proceeds remitted on Day of Payment.
REFERENCES—National Hank of Com. erce.New
York. Union National Bank, Clneirnuti, Third
Nation lBmk. rtt. Louis. Traders’ Bank, Chicago,
Harrison’s B nk Indiananolis.
OLIVE
or
EUGENE R. COLE, Successor to
(Established 1850.)
805
Chicago Board of Trade, for cash
ESTABLISHED
Prompt attention given to all business in our line.
N. Y. Correspondents.—Donnell, Lawson & Co.
and the Metropolitan National Rank.
F.
ceivable
Cash in Bank
PROVISIONS,
Special information, indicating course of markets,
freely furnished upon request.
ROCK, ARKANSAS.
Capital (Paid lu) - - - $250,000
F. THORNTON
the
AND
delivery, a specialty.
LITTLE
P.
425,000 00
Re¬
THE PURCHASE AND SALE OF
i STATE BANK, ) C. T. WALKER
(Incorporated 1875. >
Cashier.
ESTABLISHED
Company, estimated at
(ADJOINING
Clarke,Y.-Pres’t.
E. 8hA upe. Cashier.
W.
1,956,500 00
125 La Salle Street,
CHAMBER OB’ COMMERCE),
CHICAGO.
$250,000
C. A. Broadwater, Pres’t. A. G.
Thos. M. Thornton.
by Stocks aud
Real Estate and Claims due the
(Established 1805.)
/COMMISSION MERCHANTS,
UNITED STATES DEPOSITORY.
Capital,
SHEETINGS,
Towels, Qufllts, White Goods & Hosiery
T.
M.
& BLEACHED SHIRTINGS
PRINTS, DENIMS, TICKS, DUCKS, &C.
Dallas. Texas.
Montana National
Philadelphia,
SELLING AGENTS FOR LEADING BRANDS
C. E. WELLESLEY,
General Manager,
Wall Street.
German
$8,666,795 00
Loans secured
SIX PER CENT INTEREST
Bliss, Fabyan & Co.,
LONDON, ENGLAND),
President.
City, Bank and
other Stocks
the issue of 1879 will be redeemed and
Transact a general Financial and Agency Business in
the State of Texas and Europe.
D. G. FONES,
BOSTON.
Co., Atlantic Cotton Mills,
Peabody Mills,
Cliicopee Mfg. Co.,
ilertou New Mills,
White Mfg. Co*.
Saratoga Victory Mfg. Co., :
Hosiery and Yarn Mills.
LIMITED,
HELENA,
York Stock,
15 Chauncey Street,
AGENTS FOR
THE
New York Correspondents;
Blake Bros. & Co.,
SAWYER & CO.,
NEW YORK.
‘SStcstcvn Hauliers.
(OF
Company has the following Assets, viz.:
SUCCESSORS TO
E. R. MUDGE,
& 45 White Street,
Virginia Bonds funded under the Funding Act
passed by the last Legislature, for
per cent commis¬
sion. New North Carolina 0 per cent bonds, secured
by lien on the State’s stock la the North Carolina
COMPANY
The
Premium Notes and Bills
RICHMOND, VIRGINIA.
Texas Land &
$850,080 76
penses
otherwise
John F. Glenn, Cash.
&
$1,901,042 38
United States and State of New
.
Arlington Mills,
Special Attention given to Collections.
BRANCH
paid during the same
period
Returns of Premiums and Ex¬
National Banking Association
THOMAS
Losses
No. 109 Duane Street.
all parts of the United Stages
OF
STATES BUNTING CO.
UNITED
A full
Wm. C. Courtney. Pres. Ernest II. Pringle, Cash
BANK
January, 1883, to 31st Decem¬
ber, 18 S3
$1,260,428 93
Also, Agents
WILMINGTON, N. C.
Collections made
Premiums marked off from 1st
John L. Riker,
JOHN D. JONES,
President,
CHARLES DENNIS,
Solo By ALL DEALERSThroughoutThkWORLD
W. H. H. MOORE,
DOLD MEDAL PARIS EXPOSITI0N^I878L
A. A. RAVEN,
Smith,
Vice-President.
2d
Vice-President.
30iVice-Pre8ident
.
@FedFRASER