The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
HUNT’S
1 3
TS
MERCH
&
W« f c t 8
M AGAZINE,
H iW !S p )W ,
REPRESENTING TH E IN D U STR IA L AN D COMMERCIAL IN TERESTS OP T H E U N ITE D S T A T E &
[E n tered a cco rd in g t o A c t o f C ongreca, in t o e y e a r 1 8 9 2 , b y W m . B . D a m a & C o ., in t o e O ffice o f t o e L ib ra ria n o f C ongrega, W a sh in g to n , D . a ]
ffitrattcial.
JfimttxciaX.
A M E R IC A N
B an k N o te C om p a n y,
78
to
S O L ID
NEW YORK.
B u s in e s s F o u n d e d 1795.
'flKeorp.Lratpd under Lnwa of the Slate of Sew York, 1S6A
R e o r g a n is e d 1879.
Ifittmxciale
S IL V E R .
GORHAM
86 TRINITY PLACE,
M ’f ’g C o .,
Broadway & 19 th St.,
E n g r a v e r s a n d P r in t e r s of
i f C K D S , P O S T A G E * REVENUE S T A M P S ,
L E G A L T E N D E R AN D N A T IO N A L BAN K
NOTES o f th e UNITED S T A T E S ; an d fo r
fo r e i g n G o v e r n m e n ts .
E N G R A V IN G A N D P R IN T IN G ,
m an «: n o t e s , s h a r e c e r t if ic a t e s , b o n d s
FOK GftrFSKSIESTS A N » CORPORATIONS,
»RAFTS, CHECKS. BILLS OP EXCHANGE,
Sr A M P S, a , . , In th e
X
and m ost a rtistic etyle
FitOM STEEL PLATES,
W SPECIAL SAFEG ARD to PREVK T CO N
ith
U S
N
U TERFEITIN
G.
Special papers manufactured exclusively fo r
use o f the Company.
SA FE TY COLORS.
AND 9 MAIDEN LANE.
LITHOGRAPHIC AND TYPE PRINTING.
«A IL W A Y TICKETS OF IM PROVE» STYLES.
S h ow C ards, L a b e ls, C alendars.
TOURO ROBERTSON, T 6
THEO. H. FREELAND, See’y and Treas.
ISO. E. CURRIER, Ass’t Sec’y.
J. K. MYERS, Ass’t Treas.
-
.S u r p l u s ,
$ 2 ,8 0 0 ,0 0 0
S U P E R IO R C O L L E C T IO N F A C IL IT IE S .
B A NDEALERSR S ,
K E IN
AN
D
SOUTH ERN
IT O R S A N D IN V E S T O R S .
| 2 P E n tra n ce o n ly th ro u g h t o e B a n k , «¿gg
■
»'
IN V E S T M E N T S ,
R IC H M O N D , V A .
T ransact a General Banking Business . Negotiate
R.R. & Municipal Loans . Correspondence Inviteo.
OF
IN V E S T M E N T S
laigest w o r k o f the hind published by an y Banking house in
America. Gratis to clients <k correspondents; toothers , ¡§3 a copy
“ ;Most elaborate, handsom est and moat useful work treating
upon Southern properties w hich ever cam e to notice.” —Boston
Herald.
4 W orth its w eight in gold.” —‘Norfolk Landmark .
4
6 R ecognized as standard authority, and holds a high reputation
4
both in E urope and United S tates.” — Washington Post, 4 The
4
States, cities, railroads, and other properties o f the South are
described with a clearness and m inuteness o f detail o f great valuo
ic investors.” — iY. Y. Joum. o f Commerce. 4 A com plete financial
4
and industrial record o f the Southern S tates.” — N. O. Times-H&m,
MW e kn ow o f no other w ork to com pare w ith thie Manual for the ex«
\&m
variety o f in form ation it con ta in ».” — Moneyt L o n ., Xstg.
E b r n e z r r K. W e ig h t , President.
A k t e u r L e a k y , Vice-President.
G e o r g s S. H ic k o k , Cashier.
ÜDWA3D J. BALDWIN, A ss’t Cashier.
DIRECTORS.
Charles Scribner,
A rthur Leary,
Edward C. H oyt,
Eugene Kelly,
Edward H. Poor,
Ebenezer K. W right,
W . Roekhill Potts.
Joseph T. M oore,
A ugust Belmont,
8tuyvesant Fish,
Bichard Delafleld,
George S. Hart,
W ilson G. Hunt,
Charles Stem bach,
Francis R . Appleton
W illiam A . Lom bard,
150 BRO AD W A Y, HEW Y O R K .
Offers fo r sale Choice Bonds and Mortgages.
THE
F O IE T H
N A T IO N A L
R A N K O F T H E C IT Y O F N E W
YORK
OFFERS
TO
DE
P O S IT O R S E V E R Y F A C IE IT Y
W H IC H T H E I R B A LA N C E S,
B U S IN E S S
AND
R E S P O N S I
B IL IT Y W A R R A N T .
United States
National Bank,
NEW YO RK .
J a m e s H . P a r k e r .............................P re s id e n t.
H e n r y C . H e p k i - s ........................... ..C a s h ie r .
C a p ita l an d S u rp lu s, $ 1 ,0 0 0 ,0 0 0 .
A C C O U N TS IN V IT E D .
BONDS
B O N D S .
W. K. B. E merson ,
ram sat
T u rnbull
Member N. Y . Stock Exchange.
B U Y A N D S E L L F O R E IG N E X C H A N G E .
T H E C O N V E N IE N C E O F D E P O S
Jo h n L . W illiam s & Son,
Transact a general banking business. A llow inter—
est on deposits.
Buy and sell Bonds and Stocks on the New T w itStock Exchange or in the open market fo r cash < »
on margin. Deal in
80 B RO AD W A Y .
E X T E N S IV E S A F E T Y V A U L T S F O B
l V:ce.Pres,dent8
BANKERS,
NO. 41 W A L L S T R E E T , N E W Y O R K * .
$ 2 ,0 0 0 ,0 0 0
JAMES MACDOMOUfiH, President.
AUG. D. SHEPARD,
Redm ond, K err & Co.*,
T h e National* Park Bank Emerson 8s T u rn b u ll*
BANKERS AND BROKERS
o f N ew Y o rk .
C a p ita l,
SAFETY PA PE R S.
H e n r y S. R edmont *, Member N. Y . Stock E xch ang® ■
H k n r y S. K e r r , Formerly with Chas. T. W ing & C©G il b e r t m . P l y m p x o n , Special.
AN D OTH ER INVESTMENT SECURITIES^
W o r k E x e cu te d In F ir e p r o o f B u ild in g s .
Our M A N U A L
NO. 1,405.
NEW YOKE, MAY 28, 1892.
VOL. 54.
A S P E C IA L T Y -N E W YO RK CITY à COUNTRY
BANK
STOCKS,
N e t t in g P u r c h a s e r s 4 t o 1 0 P e r C e n t .
SEND FOR QUOTATIONS.
Equitable M ortgage Co.
C a p i t a l, $ 2 , 0 4 9 , 5 5 0
S u r p lu s , $ 8 0 0 , 0 0 0
A s s e t s , $ 1 4 , 0 7 4 ,8 1 3 * 5 6 .
INVESTMENT SECURITIES.
MUNICIPAL BONDS.
R e t u r n i n g f r o m 3 3 - 4 t o 6 ! P e r C e n t.
Fahnestock &
C o .,
BAN K E R S AND B R O K E R S,
2 W a l l S treet, N e w Y o r k .
Supply selected investment bonds fo r cash o r in
eagjh&nge fo r marketable securities.
Execute commission orders fo r investors a t t o «
Stock Exchange or in the open market.
Furnish inform ation respecting bonds
J . G . Z achry,
BONDS,
Railway and Real Estate Securities
and Investments.
3 5 W A L L S T ., M I L L S B U I L D I N G ,
NEW Y O R K .
St e w a r t
B r o w n ’s
Sons9-
Members New York Stock Exchange,
STOCK
BRO K ERS,
64 BROADWAY, NEW YORK.
Stocks and bonds bought and sold on eom missto®
in small or large lots. A ccounts solicited. In fe p .
¿nation promptly given.
T aintor & H olt,
BANKERS-1
No. 11 W all Street, tier. New, New Y ork »
TRAN SACT
a g e n e r a l b a n k in g a n d sto c k
EXCH AN GE BUSINESS.
Private telegraph wires to P roviden ce and B o a t o «
a . E. TA IN TO B. G. D. L ’H U IL IE R . G. H . H O L T
6 PER CENT DEBENTURE BONDS
Valuable book about investments sent on appli
cation.
OFFICES:
A . J . W eil & C o .,
4 0 W a l l S t r e e t , N ew Y e r k .
1 1 7 D e v o n s h ir e i S tr e e t, B o s to n .
C o r . 4 th & C hestnu t S treets, P h ila d elp h ia !
IN VE STM EN T SECU R ITIES“
96 Broadway, New York, and St. Louis*
il
THE CHRONICLE
Ïîïm h e v s
§ r a x u e r s jo f f o r e i g n
r v o i*
Bank of M ontreal,
W A L L STREET, CORNER OF BRO A D ,
1 5 W ALL ST., NEW YORK,
(ESTABLISHED 1818.]
B A R IN G , M A G O U N & C O .,
NEW YORK,
SUCCESSORS TO
Drexel,Harjes & Co.
KIDDER, PEABODY & CO., NEW YORK,
Cor. o f 5th &Chestnut Sts 31 Boulevard Haussmann
Buy and Sell Exchange
on principal European cities.
Issue Commercial and Travelers’ Credits
available in ail parts o f the world.
P A R IS .
¿P H IL A D E L P H IA
D O M E S T IC A N D F O R E IG N B A N K E R S .
Deposits received subject to D raft. Securities
{»ou g h t and sold on commission. Interest allowed
a n Deposits, Foreign Exchange, Commercial Cred
it« , Cable Transfers, Circular L etters fo r Travel
e r s , available in all parts o f the world.
Agents and Attorneys o f
&ARINQ- BROTHERS & CO., L im ited .
LONDON.
KIDDER, PEABODY & CO., BOSTON.
Choice Investment Securities.
ATTORNEYS AND AGENTS ON
N e u n . JT. S . M O R G A N & C O .,
« O . 22 OLD B R O A D STREET, LONDON.
B r o w n Br o t h e r s & Co., August Belmont & C o .,
BOSTON.
.-P H IL A ,
NEW YORK,
BANKERS,
5 9 W a l l St<A L E X . BROW N & SONS, B A LTIM ORE.
N o. 2 3 N A S S A U S T R E E T .
AGENTS AND CORRESPONDENTS OPJTHE
«. m em bers N. Y., Phila. and Baltim ore Stock E xch ’s.
M essrs. R O T H S C H IL D , "
' B uy and sell first-class t
.
,
L o n d o n , P a r i s , F r a n k f o r t a n d V ien n a.
In v estm en t Securities fo r I T I V C S t l l i e i l L
«ruatomers,
R eceive ac
Issue Circular Credits fo r travelers available in
all parts o f the world.
co u n ts o f Banks, Bankers,
ALSO COMMERCIAL CREDITS.
dUvStairis,0 on
favorable
Draw Bills o f Exchange and make Cable Trausferterm s. Collect drafts drawn
a broad on all points in the United States and Cana to Europe, W est Indtes, Mexico and California!!
d a , an d drafts drawn in the United States on fo r - E xecute orders fo r the purchase and sale o f In v e st'
m ent Securities.
»tgn. countries.
[Buy and sell Bills o f Exchange
and make cable transfers on
all points. Issue Commercial
SUCCESSORS TO
gr\
1 •.
and Travelers’ Credits available
3 u .r e c ilt .
In all parts o f the world.
JO B N P A T O U & CO.,
CONNECTED NY PRIVATE WIRE.
Securities.
JLetters
C uyler, M organ & C o .,
of
BROWN, SHIPLEY & GO., LONDON.
G e o r g e Co p p e l l ,
T h o m a s Ma it l a n d
G e r a l d L, H o y t , Member o f N. Y. stock E z.
M aitland, Phelps & C o .,
« 2 AN D 24 E X C H A N G E P I AC E ,
M W
YORK.
O rders executed fo r all Investm ent Securities
A c t as agents o f Corporations, and negotiate and
« n e Loans.
B IL L S OF E X
CHANGE
T E LE G R A PH IC
TR AN SFER S
L E T T E R S OF
CREDIT
Messrs. Smith, Payne
A Smiths, London
Messrs. Mallet Freres
à Cie, Paris ;
Banco Nacional de
M exico, M exico, and
its Branches.
A G E N TS FOR TH E BAN K OF A U STR A LA SIA .
J , Kennedy T o d & C o .,
D eposits received subject to draft, and interes
«B o w e d on balances.
«OFFER INVESTMENT SECURITIES.
Bonds and Stocks bought and sold on commission
« a all American. Canadian, British and Dutch
markets.
T ransfer o f Stock and Bonds. Paym ent and c o l
le ctio n o f Dividends, Coupons and Interest W fAra n ts. Foreign Exchange and Cable Transfers on
L on d on and Paris.
J ohn
M
unroe
52
W illia m
S treet, N e w
Y ork .
A ccounts and A gency o f Banks, Corporations
firms and individuals received upon favorable terms.
Dividends I n d interest collected and remitted.
A ct as agents fo r corporations in paying coupons
and dividends; also as transfer agents.
Bonds, Stocks and Securities bought and sold on
commission at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
sold.
DRAW ON
T H E UNION B AN K OF LONDON,
BRITISH LINEN CO. BAN K, LONDON AND
SCOTLAND.
J . & W . Seligman & C o .,
BANKERS,
N O. 2 3 B R O A D S T R E E T ,
N ew Y o rk .
Issue Letters o f Credit for Travelers
On SELIGMAN BRO TH ERS-London.
SELIGMAN FRERES k CIE., Paris.
SELIGMAN & S T E T T I!MIMER, F rankfurt..
ALSBERG, GOLDBERG k CO., Amsterdam.
A L T M A N * STBTTHBIMER, Berlin.
Payable In any part o f Europe, Asia, Africa, Aus
tralia and America.
Draw Bills o f Exohange and make Telegraphic
Transfers o f Meney ou Europe and California.
6c
C o .,
BANKERS,
5 South W illiam Street, New Yorfc,
L E T T E R S OF C R E D IT
a v a ila b le e v e r y w h e r e .
DRAFTS
• i a ll p arte o f th e w o r ld .
TRANSFERS
by m ail » a d t e le g r a p h .
Kessler & C o ,
BANKERS
N o . 3 2 N a ss a u S tre e t, N e w Y o r k .
54 W A L L STRE E T, NEW Y O R K *
N o . 4 P o s t O ffic e S q u a r e , B o s t o n .
B o j and Sell B ills o f Exchange and
Cable Transfers on all the P rin
cipal European Cities.
I s s u e Circular Letters o f Credit fo r Travelers’ Use
A broad against Cash or Satisfactory
Guaranty o f Re-payment*
E x c h a n g e o n L o n d o n , P a r is , B e r lin ,
Z u r l c k a n d S t. G a l l .
'O aB D rra O p e n e d a n d P a y m e n t s m a d e b y C a b l e
ISSUE COMMERCIAL AN D
TRAVELLERS’
CREDITS, B U Y A N D SELL R AIL R O A D
STOCKS, BONDS AND INVESTMENT SE
CURITIES, A CT AS FIN AN CIAL
A G E N W FOR CORPORATIONS.
P a r i s H o u s e —M U N R O E A C O .
.Sch ulz & R uckgaber,
BAN KERS
8 9 W IL L IA M
STREET, NEW
Kountze Brothers,
BANKERS,
120 BR O A D W A Y , E gu'table Building, NEW YO RK
YORK.
« .E T T E R » © F C R E D I T A N D C I R C U L A R
N O TE S
I n t e r n a t io n a l B a n k e f L e n d e n (L im ited ),
d a k . B e r e n b e r g , G a s s ie r <fe C e ., H a m b u r g .
B rem en B a n k , B re m e n ,
M a r cu a r d , K r a u s e Ac C o., P a r le .
Issued fo r th e use o f travelers in all parts o f the
world. Bills drawn omfthe Union Bank o f L ondon.
Telegraphlo transfers km ade to L ondon and to
various plaoes la the un ited States. Deposits re
ceived, subject to check at sight, and Interest
allowed on balanoes. Governm ent and other bonds
and investm ent securities bough t and sold on com
mission.
Correspondent« o f the
Commercial and Travelers’ Credits.
B ills o f Ex la n g e.
Cable Transfers.!!
C A P I T A L P a id In - - § 1 3 ,0 0 0 ,0 0 0 G o ld
SU RPLUS . . . .
© 0 .0 0 0 ,0 0 0 G o ld
H E A D O F F IC E , M O N T R E A L .
Hon. Sir DONALD A . SMITH. President.
JS. 8. i ’T.o t t s t o n General Manager.
A L E X ’ ft LANG, Ass t General Manager
N M W Y O R K OFFICE:
N os, 59 a n d 61 W A L L S T R E E T ,
W alter W atson, )
R . Y. H e b d e n ,
S. A . Sh e p h e r d ,
> Agents.
)
Buy ¿nd sell Sterling ana Continental E xchange
and Cable Transfers; grant Commercial and T ra v e l,
ers’ Credits available in any part o f the W orld
issue drafts on, and make collections in, Chicago
and throughout the Dom inion o f Canada.
L o u d o n O ffic e , N o . 2 2 A h c h n r c h L a n e .
Merchants’ Bank o f Canada
C a p it a l S t o c k P a i d U p .................8 5 , 7 9 9 , 3 0 0
R e s e r v e F u n d ....................................$ 2 , 5 1 0 , 0 0 0
Henry Hague and John B. Harris, Jr.,
AGENTP,
61
W ALL
STRE E T, NEW
YORK.
3U Y AN D SELL STERLING EXCHANGE, C AB LE
TRAN SFERS, &C
is s u e C o m m ercia l C red its, A v a ila b le In
a ll P a r ts e f the W o r ld .
Canadian Bank of Commerce
C a p it a l a n d S u r p l u s . . . , ................ $ 6 , 9 0 0 , 0 0 0
ALEX. LAIRD and WfV!. GRAY
AGENTS,
16 EXCH AN G E PLACE, NEW Y O R K .
BUY AN D SELL STERLING EXCHANGE, CABLE
TRAN SFERS. ETC.
I s s u e C o m m e r c ia l C r e d i t s a v a i l a b l e In a l l
p a rts o l th e w o r ld .
Canadian Currency bought,
Drafts drawn on and Collections m ade at all
points In Canada.
Imperial Bank o f Canada.
C A P I T A L (p a id up )
$ 1 ,9 0 0 ,0 0 0
S U R P L U S ..................................
9 5 0 ,0 0 0
H. 8. H OW LA N D, P res’t. T. R. M E R RITT, V .-P .
D. R . W IL K IE . Cashier.
H E A D O F F IC E , T O R O N T O .
Br a n c h e s in On t a r io .—Essex, Fergus, Galt,
IngersoljU Niagara Falls, P ort Colborne, St. Cath
erines, St. Thom as, Sault Ste Mario, W elland,
W oodstock, B at Portage.
T o r o n to .—W ellington Street, Y on ge and Queen
Sts., Yonge and B loor Sts.
Br a n c h e s in N o r t h w e st —W innipeg, Brandon,
Calgary, P ortage la Prairie, Prince Albert, Edm on
ton.
Agents in L ondon :
Agents in New York,
Ba n k op M o n t r e a l .
L loyd's Bank, limited
Collections prom ptly m ade in any part o f Canada.
D r a w e r s o f S te r lin g E x c h a n g e .
AGENCY
Knauth, Nachod & Kühne,
BAN KERS,
NO. 45 W A L L STREET, NEW YORK.
1
^ x c im u Q Z
D rexel, M organ & C o .,
D rexel & €o.,
L IY .
B
a
OF TH E
n
k
OF
B r it ish N
N o. 52
orth
W ALL
A
m e r ic a ,
STREET.
Buy and sell Sterling Exohange and Cable Trans
fers. Issue demand drafts on Scotland and Ireland
also on Canada, British Columbia and San Frandm .
C I R C U L A R N O T E S issued In Pounds Ster
ling, available In all peat« o f tea world. C O M
M E R C I A L C R E D I T S IS S U E D fo r use In
Korop«, China, Japan, Boat and W est Indies and the
Brazils, River Plate, Ac.
Bills eolleeted and other hanking business trana
acted.
te d
D. i ^ e n t a .
H ong K o n g 6c Shanghai
B A N K IN G
C O R P O R A T IO N .
Paid-np Capital......................... .............$10.000,000 00
Reserve F un d.......................................... 6,300,000 00
Reserve Liability o f P roprietors.......... 10,000,000 00
The Corporation grant Drafts, issue Letters o f
Credit fo r use o f travelers, and negotiate or co lle ct
Bills payable at Bombay, Calcutta. Singapore,
Saigon, Manila, H ong Kong, F oochow , A m oy,
Ningpo, Shanghai, Hankow, Yokohama, H iogo,
San Francisco and London.
A . M . T O W I S E K B ) A g e n t , 5 0 W a ll S t.
The Bank o f Australasia.
(Incorporated by R oyal Charter, 1835.)
N o. 4 T h r e a d n e e d le S tr e e t, L o n d o n .
Paid-np Capital. 181,660,000 r Reserve Fund, £800,000; Reserve Liability o f P roprietors under th e
charter, £1,600,000.
Letters o f Credit and Drafts issued on any o f the
num eious branches o f the Bank throughout A us
tralia and New Zealand. Bills negotiated or sent
fo r collection. Telegraphic transfers made.
Des osits received in L ondon at interest fo r fixed
periods, on terms which m ay be ascertained on ap
plication.
. F k lD E A U X SELBY, secretar .
TRE
Ma y 28, 1812,]
NOTICE IS H E R E B Y GIVEN that the BATES
©f INTEREST allowed fo r m oney on deposit are as
fo llo w s: •
Iptmtxtial.
The National Provincial Trus F O O T E 6c F R E N C H ,
tees & Assets Corporation,
BANKERS,
LIMITED,
48
London, England.
39 Cornhlll, Loudon, May 13, 1892.
C a p ita l S u b s c r ib e d ............. ........Stri,3 0 5 ,
F a id u p ............................................ .. 3 ,1 5 2 ,5 0 0
R e s e r v e F u n d ..................................
9 7 0 ,0 0 0
84 8 5 - £ l .
C a p ita l su b scrib ed ................ £ 1 0 1 .6 5 0
6 1 ,1 9 0
C a p ita l c a lle d u p ...................
Is prepared to act as Trustees fo r Debenture H olders
Correspondent o f American Banks and Trust Corpo
rations, and as Financial Agent in Europe fo r Rail
ways, Docks, Waterworks, Tramways and other In
dustrial Companies.
GEO. W . SCHOENFELD. Manager.
A T C A L L , X P E R CEN T.
A T 3 t® 7 D A Y S ’ N O T IC E , X P E R C E N T .
T he Company discounts approved bank and mer
cantile acceptances, receives m oney on deposit at
rates advertised from time to time in the London
Paris and Berlin papers and grants loans on ap
proved negotiable securities.
C H R I S T O P H E R R . N U G E N T , M a n a g e r.
Blake, Boissevain 6c Co*,
LONBON, EN G LAN D ,
N e g s t ia te Railway, State and City loans.
E x e c u t e orders for bonds, Shares, etc., on Com
mission and transact a general Banking an
Commission Business.
S p e c ia l a t t e n t i o n given to the execution o f
orders for Securities on the New York, L on
don and Amsterdam Exchanges, in corres
pondence with
BLABJS
BROTHERS
.& CO.
5 N a ssa u S tre e t, N e w Y o r k ,
2 8 S ta te S tr e e t. B o s t o n , M a s s .,
AND
A D O L P H B O ISSEVAIN Sc CO.
A m s te rd a m * H o lla n d ,
LIMITED,
•Subscribed a n d P a id -u p C a p ita l, £ 9 7 1 , 3 0 0
This Company undertakes the negotiation and
issue o f Loans and Capital o f companies on the Lon
d o n market, and acts as agent fo r approved Railways
o r other Corporations in payment o f Interest, Divi
dends, Registration o f Stock, and generally, and also
as IJrustee fo r Debenture holders.
Produce Exchange Bank,
Transacts a general banking business.
R eceives acoounts o f banks, bam kersandoorporations upon favorable terms.
Issues certificates o f deposit bearing interest.
Solicits m ercantile and personal accounts.
Bills o f exchange drawn on, and cable transfers
made through, T H E C ITY BANK, Lim ited,
LONDON.
Circular letters o f credit issued fo r travelers’ use
in foreign cou n tries; also com m ercial credits.
A ccoun ts o f foreign bankers received and co l
lection s in the United States made on favorable
terms. Agents In New York o f the
BANCO NACIONAL DS CHILE.
B U F F A L O , N. Y .
6, 8. Je w e t t , Pres’t.
W m . C. Co r n w e l l , Cash’ !
C a p ita l......$ 3 0 0 ,0 0 0 I S u rp lu s...... $ 3 3 5 ,(IOC
This Bank has superior facilities fo r 'making Col
lections in and out o f the city on the m ost libera
terms, and with careful attention to the best inter
ests o f its correspondents.
Co rr e spo n d e n ts ¡—Importers’ & Traders’ Na
tional Bank and Chemical National Bank, New
York Merchants’ Loan & Trust Co., Chicago; Union
Bank o f London, London
N EW ORLEANS, LA .
C a p ita l...$ 1 ,0 0 0 ,0 6 0 I S u r p lu s ....8 4 7 5 ,0 0 0
J. C. MORRIS, Free.
E D W A R D TOBY, Cash,
C o r r e s p o n d e n t s —Nat. City Bank, Nat. Bank o f
Commerce, New York. Boatm en’s Bank, St. Louis.
N. W . Nat Bank, Chicago. Merchants’ Nat. Boston
Davenport 6c C o .,
Corporations, Firms and Individuals upon
favorable terms; also orders f o i the pur
chase and sale o f Bonds, Shares, Ac., &c.
on the Stock Exchange.
I n t e r e s t allowed on Deposits, subject to 60-days
sight drafts, at Bank o f England rate, and
one per cent below that rate subject to de
mand drafts.
N e g o t i a t e Railway, State and City Loans.
Pierce, W right & C o .,
52 N ew
B road
S tre e t,
LONDON, E . C.
A ct as Agents for American Banks and Financial
'Companies. Collect Foreign Exchange and execute
•
orders on commission on the London Market.
aNTHBE&T ON DEPOSITS. CABLE TRANSFERS.
Dennistoun, Cross & C o .,
2 Princes Street, London, E. C,,
E xecu te orders fo r the purchase and sale o f
B onds, Stocks, Ac., en the Stock E xch an ge; receive
-accounts and A gencies or Banks, Railways, Corpo
ration s, Firms and Individuals upon favorable
te rm s ; Commercial and Travelers’ Credits and
Bills o f Exchange on them are issued by their
A gents and A ttorneys.
ItiOSLE BR OTHER S,
5 3 EXCH AN G E PLACE, NEW Y O R K .
B oston ,
M ass«
BONDS bought and
RAILROAD BONDS o f conservative
issues constantly on band.
COMMISSION ORDERS executed in
bonds and stocks.
J o sh u a W il b o u r .
bought
B e n j a m in A .
and
ja ok son
W ilbour, Jackson & C o .,
BANKERS AN D BROKERS,
N o.
5 2 W E V BOSS E T
STREET,
P R O V ID E N C E , R . I .
Dealers in Commercial Paper, Governments and
other first-class Bonds and Securities and Foreign
Exchange.
Private telegraph wire to New Y ork and B oston.
Sheldon Ik Binney,
28 Westminster St., Providence, R . I.
Transact a General Banking Business. Dealers in
Stocks, Bonds and Local Securities.
P R IV A T E TE L E G R A P H W IRES TO N EW YO RK
AN D BOSTON.
Ch a r l e s H . Sh e l d o n , J r . W il l ia m B i n n e t , j b
N oyes & Bridge.
IN V E S T M E N T
B A N R E B S
A N D
B R O K E R S ,
R IC H M O N D , V IR G IN IA .
BROKERS,
B OSTON S T O C K E X C H A N G E B U IL D IN G .
5 3 S T A T E S T R E E T , BOSTON.
Dealers in High Grade Investments.
6 a n d 7 p e r c e n t F ir s t M o r t. G o ld B o n d s.
Inform ation furnished and first-class corporation
securities sold on commission.
T h o m a s B. R e a .
Sa m u e l R e a .
R e a Bros. & C o .,
115
F o u r tli A v e n u e , P itts b u r g ,
Pa.
STOCKS AN © BONDS.
R IC H M O N D , V IR G IN IA .
H einem ann & C o .,
«Solicit acoounts and agencies o f Banks,lRailways
GOVERNMENT
sold.
MERCHANTS’ NATIONAL BANK,
C ABLE ADDRESS, P A V Y , LONDON.
LOUDON,
S tre e t*
BAN KERS,
Bank o f Buffalo,
Collections made on all Southern points on best
term s; prompt returns.
JOHN P. BRANCH , President.
Jo h n F. Gl e n n , Cash’r. F r e d . R. Scott . Vlca-Pres
62 Greshun House, E. C.,
C on gress
FOREIGN EXCHANGE
sold.
T H E N EW YO RK
T h e R a ilw a y Share Trust N ew Orleans Canal &
& A gen cy Com pany,
Banking Com pany,
4 Bank Buildings, Loudon, England,
ill
jjfo y g jfft t e
g f o r e i g t r . ________________
T h e Union Discount C o
of London, L im it’d.
CHRONICLE
MEMBERS OF THE
N ew
Y ork,
P h ila d e lp h ia
and
P itts b u r g
S to ck E x ch a n g es.
LOCAL SECURITIES A SPEC IAL TY.
H enry
78
ESTABLISHED, 1800.
Sproul
F O U R T H
&
C o .,
A V E N U E ,
P IT T S B U R G , P A .
Correspondence solicited and inform ation fu r
nished about Southern State, Municipal and Rail
road Investm ent Securities.
____ _
New York Reference—CHAS. M. F R Y , Esq., Presi
dent Bank o f New York. N. B. A .
NEW Y O R K STOCK EXCH AN G E.
C . W . Branch & C o .,
P I T T S B U R G E X C H A N G E (3 M em b e r s).
BAN KERS AND BROKERS,
St a t e B a n k B u il d in g ,
R I C H M O N D ,
V A .
Private wires connecting with W ashington, Baiti,
more, Philadelphia, New York, Boston and Chicago,
New Y ork Correspondents : Messrs. M oore &
Schley and Prince & Whitely
H . J. v o n H x m x r t .
AND
P H IL A D E L P H IA ST O C K E X C H A N G E 1
N.
Holmes &
Sons,
HANKERS,
P IT T S B U R G , PEN N .
G. L. B o is s e v a in .
von Hem ert & C o .,
BOND
MEMBERS Or.THB
STOCK B R O K E R S ,
ROANOKE
VA.
S O U T H E R N IN V E S T M E N T S E C U R IT IE S
A SP ECIALTY
__________
W il l ia m W ilson & Sons , Established 1802.
W il s o n , Colsto n & Co.,
“
1867.
W ilson, Colston & C o .,
Members o f Baltimore Stock Exchange.
BAN KERS,
2 1 6 E a s t B a ltim o r e S tr e e t, B a lt im o r e .
Investm ent and Miscellaneous Securities a sped
alty, and whole issues handled.
Exceptional facilities fo r dealings in all olasses o f
Southern Bonds. Loans on Collateral Securities
negotiated.
.. .
CORRESPONDENTS ;
Bank o f New York, N. B. A .
First National Bank o f Philadelphia,
P I T T S B U R G ,
P A .
ESTABLISHED 1871.
W hitney & Stephenson,
BAN KERS AN D BROKERS,
N o. 57 F O U R T H
AVENUE.
Oldest Pittsburg members N Y 8 t«o Ex-mange
THOM AS BRAN CH *
C O ., ~
BANKERS AND COMMISSION MERCHANTS
R IC H M O N D , V IR G IN IA .
Circulars and lnfermation en funding the debts o f
Virginia and North Carolina free o f oost; one-eighth
per cent charged for funding. Southern BallrOM
and state ana Oity Bonds bought and sold
iv
THE CHRONICLE.
V ol . LTV,
S&x&etts and brokers in gijexu Hark Citii
BoODY,
M c LELLAN &
Co.,
Samuel D . Davis 6c C o .,
B r o a d w a y , o p p o s ite E x ch a n g e P la c e .
P. O. BOX 447.
Investment Securities
A specialty, Including W ater Bonds, Car Trust
B ond and first-class Hallway Bonds.
Parti ulars furnished on application.
Dated
a
Harrim an &
BANKERS
BANKERS,
87
W M. M. H A RR IM A N , Member N. Y. Stock E xchange
NICHOLAS FI8H .
OLIVER H A R R IM A N , J r .
. boodt,
c h a s . W . moL el l a n ,
H unbt T. bo o dt.
AND DE A LER S IN INVESTMENT SECURITIES
Sa m u e l D. d a y i s ,
Ch a s . b . v a n No s t r a n o .
Member N. Y. Stock Exchange
H ow ard Lapsley 6c C o .,
2 E x c h a n g e C o u r t , N . Y .1
Members o f the Consolidated Stock and Petroleum
Exchange.
B a y a n d S e ll R a i l r o a d S to c k a a n d B o n d a
a t l - 1 6 t h p e r c e n t C o m m is s io n .
ISSUE D A IL Y M A R K E T LE TTE R .
Y O R K ,
BANKERS AND BROKERS.
TRAN SAC T A GEN ERAL BANKING AN D STOCK
EXCHANGE BUSINESS.
NEW
BANKERS AND BROKERS,
YORK
AND
BROOKLYN
FINANCIAL
No. 1 Exchange Court,
NEW YORK.
T R U S T C O ’S S T O C K S .
P r iv a t e W ir e s to B o s to n a n d P h ila d e lp h ia .
H, I. NicHOLA f>
,
W . C. T a y l o r ,
Members N. Y. Stook Exchange.
C o .,
BRO AD W AY, NEW
E QU ITABLE BUILDING.
M o. 4 4 W A L L S T ., N E W Y O R K
Haven & Stout,
B A N K E R S AND BROKERS,
N o. 120
Specialties fo r Twenty Tears.
J. 8. Nic h o l a s
M. m a t e r .
D e a l t In b y
H , I. N icholas 8c C o ., WILLIAM C. NOYESÎ
BANKERS
INVESTMENT
AND
BROKERS.
SECURITIES A
96
B RO AD W AY,
NEW
Y O R K .
SPECIALTY
Fred H . Smith,
11 W all Street, New York.
W ood, Huestis 6c C o .,
No. 20 Broad Street, New York.
Gilm an Son 6c C o .,
81 Pine Street, New York City,
STOCKS, BONDS AND INVESTMENTS.
INTEREST ALLO W ED ON BALANCES.
R e fe r s to R e lia b le B a n k s .
Correspondence Invited.
ESTABLISHED SINCE 1868.
Jo h n H . Davis & C o .,
BANKERS AND BROKERS,
N o . 1 0 W A L L S T ., N E W Y O R K .
Orders for Stocks and Bonds executed at all B xhange«
Especial attention given to supplying hlgh-clau
IN V E S T M E N T S E C U R IT IE S .
HXNRY G. Ca m p b e l l , 1 Members N. Y. Stook
B ouden H a r r im a n , >
Exchange.
H . G . Cam pbell & C o.,
C O M M IS S IO N
BAN KERS,
M A R G IN A C C O U N TS S O L IC IT E D .
1 - 1 6 P e r C e n t C o m m is s io n .
NO. 62 C E M B
BRO K ERS,
AN D D EALERS IN
STREET.
In addition to a General Banking Business, Buy
and bell G overnm ent Bonds and Investm ent Se
curities.
R . J . K im ball 6c C o.,
IN V E S T M E N T
S E C U R IT IE S .
C. H. HUESTIS
(Member N. Y. Stock Exchange)
L . M. SWAN,
E. H . LA D D , JR.,
General Partners.
C. D. WOOD, Special Partner.
(Established in 1866.)
BAN KERS AND BROKERS,
16 a n d
18
B roa d
S tr e e t, N e w
Y ork.
Members o f the New York Stock Exchange and o f
the Philadelphia Stock Exchange.
R o b e r t J. K im b a l l . A l f r e d B .L o u n s b e r r y .
Robertson & Jam es,
BOND
&
STOCK. B R O K E R S ,
N o. 7 N A S S A U S T R E E T ,
(Continental National Bank Building,)
NEW YORK
BAN KERS,
N o . IO W A l i i « S T R E E T ,
NEW YO RK .
D EALERS IN
INVESTMENT and MISCELLANEOUS
SECURITIES.
Dealers in Investment Securities,
B A N K E R S AND B R O K E R S ,
9 N ew s tr e e t and 7 4 B roa d w a y ,
R , A . Lancaster 6c C o .,
N ew Y ork .
Marquand & Skehan,
"B A N K E R S AND B R O K E R S ,
In v e s t m e a t B o n d s a n d S t o c k s ,
16 BRO AD STREET, NEW Y O R K .
R u sse ll M a r q u a n d
ja m b s B Sk e h a n .
Member N Y Stock Exchange
Simon Borg & C o .,
N o. 20 NASSAU
and Investment Securities,
So u t h e r n
E m erson
s e c u r it ie s a
m c M il l in .
Sp e c i a l t y
B A N K E R S AND B R O K E R S
S to ck s
Investment
and
B onda B ou gh t
C o m m is s io n .
and
S o ld
on
6c Nelson,
La M ontague, Clarke & Co..
B AN KERS AND BROKERS,
a
T . 8. Y o m to , J e .,
Member N, V . Stock E xchange.
Metropolitan Traction
Stock,
Controlling the
BROADW AY
C AB LB
ROAD
and the principal cross-town horse car lines,
B O U G H T AND SOLD B Y
Dick Brothers & Lawrence,
3 0 B r o a d S tr e e t, N ew Y o r k .
W . B. N xlsgp
B A R K E R S ,
Rolston & Bass,
STOCKS, BONDS AND MISCELLANEOUS
SECURITIES.
W . H . ROLSTON,
2 0 B ro a d S tr e e t,
W . a l e e . BASS, Jr.
NEW Y O R K .
M em bers N. Y . Stock Ex.
JEDWIN S. HOOLEY.
P . 0 . B ox 8,089.
H atch 6c Foote,
IN V E S T M E N T
S E C U R IT IE S ,
W , H . Goadby 6c C o .,
B A N K E R S AND B R O K E R S ,
N O . 24 B R O A D
STREET.
N ew Y o r k .
Wm. G . H opper & C o .,
2 8 S O U T n T H I R D S T ., P H I L A , !
S t o c k » 'a n d B o n d s bought and sold on Cemlssion fo r Cash, or carried on favorable terms.
I n t e r e s t a l l o w e d on balances. Correspondence
solicited.
Specialty.
INVESTMENT BONDS A SPECIALTI
B A N K E R S AND B R O K E R S ,
5 6 B R O A D W A Y , N. Y .
B O S T O N O F F IC E , 5 3 S T A T E S T .
Members o f the New York and Boston Stock B x
changes. Private wire between the tw o offices.
Inform ation given in regard to all Boston secur,
ties, and quotations furnished
7 PINE S TR E E T, NEW YORK.
4 4 and 4 6 B ro a d w a y , N ew Y o r k .
B. LA Mo n t a g u e , J r ., Member N. V. Stock Exoh
H e r m a n Cl a r k e .
W a l l a c e b . Sm it h .
Private wires to Philadelphia, Pittsburg, Scran
ton, Reading, Wllkesbarre Lancaster and B eth le
hem . P rivate wire to Chicago.
S tr e e t, N e w Y o r k .
Securities
Parkinson & Burr,
INTEREST ALLO W ED ON DEPOSITS.
H e n r y B. W il so n .
46 W A L L STREET. NEW Y O R K .
Negotiations conducted for Purchase and Sale o f
6 a « , E le c t r ic , V a t e r , S t r e e t R a i l w a y , C o a l,
V
I r o u a n d I n d u s t r ia l P r o p e r t i e s .
Securities negotiated only upon personal examina
tio n o f property.
Y ou n g
G. B. W a t t s , J r
3 0 B R O A 9 S T R E E T , N . Y .,
Emerson McMillin & Go.
4 6 W a ll
A . L. L ee .
R obert Goodbody 8c C o .,
S T ., N E W Y O R K ,
DEALERS IN ALL KINDS O »
Railroad
R o b e r t Go o d b o d y .
S o u t h e r n S e c u r it ie s a S pecialty!*
18
W ALL
STREET,
NEW
YORK.
E sta b lish e d 1 8 6 5 .
MEMBERS 0 7 NEW YORK STOCK EXCHANGE
A llow interest on deposits subject to sight check.
Buy and sell on commission stocks and bonds either
fo r cash or on margin, and deal in
Investment Securities.
A- ¥ • £ £ £ * *
EL J. MORE!
gHA*. D. MARTIN,
W . M- K n vn iu ,
E . W . C lark & C o .,
BAN KERS AN D BROKERS
N o . 1 3 9 S o u t h F o u r t h S t.,
P H IL A D E L P H IA .
Transact a general banking business. Allow
interest on deposits.
, „
___.
Members o f the Philadelphia and New Y ork
Stock Exchanges, and connected by private wire
with New York.
THE CHRONICLE
M a y 28 1882,}
V
C-mugniiites.
Union Trust Com pany!
1 »F N E W
fO S S ,
80 Broadway, New T ort.
C A P I T A L ............................. $ 1 , 0 0 0 ,0 0 0
S la P L IS ! > $ 4 , 0 0 2 ,5 1 8 9 2
Authorized to act as Executor, Administrator,
Guardian, Receiver or Trustee, and is
A LEGAIi DEPOSITORY FOR MONEY,
A cts as Trustee o f mortgages o f corporations, and
accepts the transfer agency and registry o f stocks.
A llow s interest on deposits, which may be made at
any time, and withdrawn on five days’ notice, with
nterest fo r the whole tim e they remain with the
Company.
F or the convenience o f depositors this company
also opens current accounts subject, in accordance
with its rules, to check at sight, and allows interest
upon the resulting daily balances. Such checks pass
through the Clearing House.
_____
Attends specially to the MANAGEM ENT OF
REAL E STA TE and to the collection and remitanoe of rents.
It makes ample provision in its
_ _ .
__
N EW BU R G LA R AND FIRE PROOF VAU LTS
fo r the safe keeping o f securities placed in its cus
tody, on which it collects and remits income.
TRUSTEES.
„
W m . W hitewright,
H. Van Rennsl’r Kennedy
H enry A . Kent.
James H. Ogilvie,
R .T . W ilson,
James T. W oodward,
W m . F. Russell.
George A . Jarvis,
C. D. W ood,
C. Vanderbilt,
James N. Platt,
A. A . Low,
D. C. Hays,
G. G. Williams
W m . A lex. Duer,
R. G. Remsen,
Charles H. Leland,
Edward Schell,
Edward King,
Amasa J. Parker,
H. B. Wesley,
Samuel F. Barger
D. H . McAlpin,
Geo. C. Magoun,
George B. Carnart,
W. Emlen Roosevelt*
Chauncy M. Depew.
EXECUTIVE COMMITTEE.
W m . Whitewright,
G. G. Williams,
Edward Schell,
E. B. Wesley,
Geo. C. Magoun,
C. D. W ood,
D. C. Hays,
James T. W oodward.
E D W A R D KING, President.
CORNELIUS D. WOOD, 1 Vice-Presidents
f vice-presidents.
JAMES H. OGILVIE,
AUGUSTUS W . KELLEY, Secretary.
J. V . B. T H A Y E R . Assistant Secretary.
Knickerbocker Trust
Com pany,
« 3 4 F I F T H A Y E ., C O R . 2 7 T H S T R E E T .
Branch office, 18 W all St. and 3 Nassau St.
C A P IT A L
(SU R P LU S, - 8 1 ,0 0 0 ,9 0 0
DESIGNATED LE G A L DEPOSITORY.
A cts as Executor or Administrator o f Estates and
as Guardian, Receiver, Registrar, Transfer and
Financial Agent fer States, Cities, Towns, Railroads
an d other corporations.
JOH N P. TOWNSEND, President.
CHARLES T. B AR N EY, Vice-President.
JOSEPH T. BROWN, Sd Vice-President.
D IR E C T O R S «
Joseph S. Auerbach,
John 8. Tilney,
H arry B. Hollins,
E . V. Loew,
Jacob Hays,
Henry F. Dlmock
Charles T. Barney,
John P. Townsend
A. Foster Higgins,
Charles F. Watson,
Robert G. Remsen,
David H. King, Jr,
H enry W . T. Mali,
Frederick Q. Bourne
Andrew H . Sands,
Robert Mauley
James H. Breslin,
C. Lawrence Perkins,
Gen. George J . Magee,
Edward W ood,
L Townsend Burden.
W m . H . Beadleston.
A lfred L. W hite.
F R ED ’K L. ELD RIDGE, Secretary.
J. HENRY TOWNSEND. Assist. Secretary.
T h e Nassau Trust Co.
10 1 B r e a d w a y , B r o o k ly n , N. Y .
C A P I T A L ......................................... $ 5 0 0 ,0 0 0
Deposits received subject to check at sight, and
In te r e st a llo w e d on the resulting daily balances.
O LD C O LO N Y
T R U ST CO M PAN Y
B O S T O N , M ASS.
C a p ita l
S u r p lu s ,
-
-
$ 1 ,0 0 0 ,0 0 0 00
5 0 0 ,0 0 0 00
«
T ra n s a cts n G e n e ra l B a n k in g B u sin ess.
ALLOWS INTEREST ON D AILY BALA1 gSS SUBJECT
TO CHECK.
TRUSTEE UNDER MORTGAGES. TRANSFER AGEN'j
REGISTRAR.
BOARD OF DIRECTORS.
C A P I T A L , ................................... @ 1 ,0 0 0 ,0 0 9
59 C E D A R S T R E E T , N E W Y O R K ,
M u t u a l L ife B u ild in g ,
C A P IT A L ,
SU RPLU S,
-
-
-
$ 2 ,0 0 0 ,0 0 9
$ 5 0 0 ,0 0 0
TRANSACTS A GEN ERAL B AN KIN G A N D
TRUST COMPANY BUSINESS. AND SOLICITS
TH E ACCOUNTS OF CORPORATIONS, FIRMS
AND INDIVIDUALS.
INTEREST A LLOW ED ON DEPOSITS.
E D W IN P A C K A R D . P re s id e n t.
A D R I A N I8K L IW , J r ., V ice-P re sid e n t.
G E O . R . T U R N B U L L , 2 d V ic e -P re s id e n t.
H E N R Y A . M U R R A Y , T r e s s , an d 8 ec.
J . NELSON B O R L A N D , A ssist. S e c r e t a r y
DIRECTORS.
Samuel D. Babcock,
James N. Jarvte,
Augustas D. Jullliard,
Frederic Cromwell,
Richard A. McCurdy,
Josiah M. Fiske,
A lexander E. Orr,
Walter K. Gillette,
Edwin Packard,
R obert Goelet,
George Griswold Haven, H enry H. Rogers,
Oliver Hiurtman,
H enry W . Smith,
J t. Somers Hayes,
E
H . MoK. Twombly,
Charles R. Henderson,
Frederick W . Vanderbilt,
Adrian lselin, Jr.,
William C. W hitney,
J. H ood W right.
EXECUTIVE COMMITTEE.
Samuel D. Babcock,
Richard A . McCurdy
Frederic Cromwell,
Edwin Packard,
George Griswold Haven, H . MeK. Twombly,
Augustus D. Jullliard,
H enry H . Rogers,
Adrian lselin. Jr.
Mississippi V alley Trust
Com pany,
3 0 3 N o r th 4 t h S tre e t,
St. Louis Trust C o.,
C O R N E R 4th A N D
LOCU ST
STREETS
St. ¡L ouis, M o .
C a p ita l an d S u rp lu s, .
D IR E C T O R S «
C a p ita l..............................................$ 1 ,5 0 0 ,0 0 0
UNDER STATE SUPERVISION.
$ 2 0 0 ,0 0 0 d e p osited w ith S ta te O fficer to
p ro te c t tru st lia b ilit ie s .!
A G E N ERAL TRUST COMPANY BUSINESS.
Allows Interest on Deposits.
Authorized to act as Executor, Guardian, Receiver,
Trustee, &c. Manages Estates. Collects Rents.
Becomes Surety on all kinds o f Court Bonds.
Has Safety Deposit Vaults; a Savings Department.
INVESTMENT SECURITIES A SPECIALTY.
DIRECTORS:
Charles Clark,
L . G. McNair,
Chas. H. Bailey;
Thos. T. Turner, John D. Perry, F. W . Paramore,
W m. F. Nolker,
John Scullin,
Geo. H. Goddard,
T. O’Reilly, M. D., B. F. Hammett, James Campbell,
Sam’l M. Kennard, 8. E. Hoffman, August Gehner,
Ang. B. Ewing,
D. W . Caruth, Julies 8. Walsh,
8. R. Francis.
B. F. Hobart. Williamson Bacon,
OFFICERS:
J u l iu s S. W a l s h , President.
J o h n D. P e r k y , 1st Vice-President.
J o h n 8c u l l in , (id Vice-PreBident.
B r e c k in r id g e J ones . Secretary.
$ 3 ,0 0 0 ,0 0 0
J oh n T. Davis,
Alvah Mansur,
Daniel Catlin,
Edward S. Rowse,
8am’1 W . Fordyce,
Jno. A . Scud der,
Adolphus Busoh,
Edward C. Simmons,
Henry C. Haarstick,
Edwin 0 . Stanard.
W m . L . H ose,
J. C. Van Blarcom,
Ohas. D. McLure,
Thos. H. West,
Edwards W hitaker.
TH OS. H . W EST, President.
JOHN D. FILLEY, Secretary.
A . C. STE W A R T, Counsel.
A llow s Interest on Deposits. Executes Trusts o f
«v e ry Description. A cte as Registrar and Transfer
A gent, Ac
This oompany is a legal depository fo r m oneys
paid into court, and is authorized to act as guardian
or trustee.
INTEREST A LLO W ED ON DEPOSITS,
which may be made at any time and withdrawn a fter
five days’ notioe, and will be entitled to interest f e r
the whole time they may remain with the oompany.
Executors, administrators or trustees o f ectatqe,
amd w o m e n unaccustomed to the transaction Of
business, as well as religious and benevolent Institu
tions, will find this company a convenient depository
fo r money.
JOHN A . ST E W A R T , President.
GEORGE BLISS, Vioe-President.
J A M E S 8 . CLARK, Second Tiee-Preset.
H EN RY L. THORNBLL, Secretary.
LOUIS G. HAM PTON, Assistant Secretary.^
N ew Y o rk Guaranty &
Indem nity C o.,
S T . L O U IS , M I S S O U R I .
John Loughran,
Edward T. Hulst,
J no. McLaughlin,
A . M. Snydam,
W m.E. Wheelock
O. F. Richardson,
Henry Seibert.
C A P I T A L A N D S U R P L U S , - $ 9 .7 5 0 ,0 0 9
TRUSTEES :
W ilson G. Hunt, Jno. H. Rhoades,
Daniel D. Lord, Anson P. Stokes,
Samuel Sloan,
George Bliss,
James Low,
W m -Libbey,
W m . W . Phelps, John C. Brown,
D. W illis James, Edward Cooper,
John A . Stewart, W. B ’y ’d Cutting,
Hrastus Corning, Chas. 8. Smith,
Authorized by law to act as Executor, Adminis
trator, Committee, Guardian, Trustee, Receiver,
Fiscal and* Transfer A gent and as Registrar o f
Stocks and Bonds; Is a le g a l d e p o sito r y f o r
T r u s t F u n ds and for moneys paid ini ) court.
Loans made on approved collateral-..
Checks on this Company are payable through the
New Y ork Clearing House.
A. D. W HEELOCK, President.
W H jLIAR U DICK, , j Vioe-Prest’s.
l vioe-prest s.
JOHN T M 8L 0W
F. RICHARDSON, Secretary.
TRUSTEES«
Bernard Peters,
W m . Dick,
W m . M. Horwlll,
A. D. Baird
Darwin R. James, J. 8. Voorhees,
R. B, Tuttle,
A . D. Whealock,
J ohn Truslow,
Wm. F. Garrison,
Ditmas Jewell,
Jno. T. W illetts,
F. W . Wurster, Chits. H. Russell,
OF NEW YORK,
45 and 47 Wail Street.
T. Jefferson Coolldge, Jr.(President.
Frederick L. Ames,
John F. Anderson,
John L. Bremer.
Martin Brimmer
T. Jefferson Coolldge,
George F. Fabyan,
George P. Gardner
Francis L. Higginson,
Henry S. H owe,
W alter Hunnewell,
William P. Mason
George V on L . Meyer
Laurence Minot,
Richard Olney
Henry R. Reed,
Lucius M. Sargent,
Nathaniel Thayer
John I. W aterbury,
Stephen M. W eld,
Henry C. W eston.
T. JEFFERSON COOLIDGE, J r ., President.
GEO. P. GARDNER, Vice-President.
C. S. TUCKERMAN, Vice-Pres. and Treasurer.
E. A . PH IPPEN, Secretary.
Certificates o f deposits Issued fo r tim e deposits,
o n which s p e e t a l r a t e s will be allowed.
In t e r e s t ceMiaaoaees from d a te o f d eposit.
United States Trust C o.
Metropolitan Trust Co.
3 7 a n d 8 9 W a l l S t r e e t . N e w Y o r k ..
...$ 1 ,0 0 9 .0 0 0
P aid -U p C a p ita l
S 0 0 ,0 0 «
S n rp ln s
Designated as a legal depository by order o f
Supreme Court. R eceive deposits o f m oney on in
terest, act as fiscal or transfer agent, or trustee fo r
corporations, and accept and execute any legal trusts
from persons or corporations, on as favorable terms
as other similar companies.
Thomas Hillhouse, Pres. Fred ’k D. Tappen, V.-Pres
C. M, Jesup, 3d V.-Pres. Beverly Chew, Secretary.
George D Coanev. Assisi *u Secretary .£
Manhattan
W m .Rockefeller,
A lex. B. Orr,
W m.H. Macy J r .
W m. D. Sloane
G. H. Schwab,
Frank Lyman,
Geo. F. vieto*.
W. Wald. Aator
Trust
C o,
Corner o f W all and Nassau Sts., N. Y.
DIRECTORS
H. W . Cannon, N. Y.j
F. O. French, N. Y.
Johh R. FordTli. Y.
R. J. Cross. N. Y.
H. L. Higginson, Boston. T . J. Coolldge, jr., Bos. ¡3
James O. Sheldon, N. Y.R
August Belmont, N. Y.
A . 8. Rosenbaum, N. Y . 1
B. D. Randolph, N. Y.
John N. A Griswold, N. Y*
H. O. Northoote, N. Y.
Sam’l R. Shipley-Phila.
0. C. Baldwin, N. Y
K. T. Wilson, N. Y.
Chas. F. Tag, N. Y
J. I. Waterbury, N. Y
John Kean. Jr., N
F. 0 . French, President.
J. I. W aterbury, V.-Pres
A. T. French, Secretary and Treasurer.
ALLOW S INTEREST ON DEPOSITS. BXH
CUTE8 TRUSTS OF E VE R Y DESCRIPTION
REG ISTR AR AN D TRAN SFER AGBNT
Union Loan & Trust C o,
SIOUX CITY, IOW A.
INCORPORATED 1885.
C A P I T A L , P a id Up in C a s h ....$ 1 ,0 0 0 ,9 0 9
S U R P L U S .........................................
1 7 5 ,0 9 9
DEALERS IN HlttH-GRADE COM
MERCIAL PAPER,
A su p p ly o l w h ic h ft al w avs hue on h a n d f o r
s a le at C u rren t R a te s .
M U N IC IP A L , C O R P O R A T IO N A N D
S C H O O L BU N D S.
No S tr o n g e r L e a n and T ru s t C om p an y In
th e W e s t. C orresp on d en ce s o lic it e d .
G E O . L . J O Y . P re s .
A . » , G a r r e t SOW, V ic e -P r e s .
E . R . S M I T H , S oc’ y .
P rom p t A tte n tio n G iv en to C o lle ctio n s .
Investments in the South.
Exchange Banking &
Trust Com pany,
CHARLESTON S. C.,
T r a n s a c ts a G e n e r a l B a n k in g an d T r u s t
B u sin ess. S a v in g s D ep a rtm en t. I n t e r e s t
A llo w e d on D ep osits.
Investments made (ai usual rates o f com m ission)
n safe and reliable interest-paying Southern secur
ities, and 1st mortgage loans on improved city and
town real estate. Correspondance sollcted as to all
Southern; nvestments. Bel Eg within easy resell
o f all parts o f the South thorough and careful in ves
tigation can be made o f intended investm ent, o r
purchases.
¡O F F IC E R S .
GEO. B. E DW ARDS, President.
P. N. PICKENSTCashier.
R. E. MUCKBNFUSS. Secretary and Treasurer.
J. LAM B PE RR Y , Solicitor.
SM YTHB A LEE. General Counsel.
D IR E C T O R S .
A. S. J. P bre A , o f Johnston, Crews A Co., wholesale
y
dry goodb.
W i l l i a m M. B i r d , o f W m . M. Bird A Co., wholesale
paints and oils.
Ja m b s A l l a n , o f James Allan A Co., jewelers.
J. H . F. K o e n i g , with Knoop, Frerichs A Co., ootton
exporters.
Geo . B. E d w a r d s , Pres. Electric Light A P ow er Co
T H O R O U G H CIPHER C O D E.
Secresy D evice P erfect: Copious Blanks: Handy Size
($ 1 .5 0 e a c h .) ($ 3 .0 0 p a ir.) ($ 1 5 .0 0 d o z .)
GST IT FROM
PUBLISHERS,
B U R N Z & CO.
2 4 C lln to F I.
or
C . B U R N Z#
5 th F lo o r »
3 3 W a ll
THE CHRONICLE,
v i
XVol. L IV .
lim its tial.
P l a n
o
f
I n c o m
e
B
o n d
C o n v e r s i o n .
Atchison Topeka &SantaFeRailroadC .
o
O F F IC E
OF
THE
ATCHISON TOPEKA & SANTA FE RAILROAD CO.,
NO. 95 M IL K STRE E T.
P . O. B O X 346 .
C IR C U L A R N o. 6 8 .
B o sto n , M a y 2 5 , 1 8 9 2 .
TO THE INCOME BONDHOLDERS o f the ATCHISON TOPEKA & SANTA F E RAILR O AD COM PANY:
On O ot 1 5 ,1 8 8 9 , C ircu la r N o. 63, c o n ta in in g P la n o f F in a n cia l R e o rg a n iz a tio n o f y o u r C o m p a n y , w a s is«u e d .
T h is P la n w h ic h w a s fu lly a c c e p t e d in d u e oou rse, re la te d to a ll y o u r p r o p e rtie s, in clu d in g R a ilw a y s O w n e d 6,960*08 a n d O p e ra te d
7 1 7 8 * 9 1 m iles, th e d eta ils o f w h ic h , as w e ll as th e n e c e ss itie s o f c o m p le te re h a b ilita tio n o f th e sam e, a re fu lly s e t fo r t h in th e c irc u la r .
’
T h e O p era tion s o f th is r a ilw a y m ile a g e fo r th e y e a r e n d e d J u n e 3®, 1 88 9 , w e r e :—
G r o ss E a r n in g s ............... .............................................................. ......................................... |.......................................................................................................
on 7?
N e t E a r n in g s ..................................... ....................................- - - - - •- ................ - ...................................... - y - y - - - y -1
V *' *V > "* V " V," *■
** y *
6 ,7 7 2 ,3 9 0 71
■while th e a b s o lu te a n d O b lig a to ry F ix e d C h a rges o f t h e C o m p a n y f o r th e sam e y e a r, in c lu d in g In te re s t o n B o n d s, C ar T ru sts,
.................................................................................................................. $ 1 1 ,2 0 0 ,0 0 0 0 0
S in k in g F u n d s, T a x e s , R e n ta ls , e to ., w e r e ........................................... s h o w in g a n A n n u a l D e ficie n c y , w it h o u t co n s id e rin g Im p r o v e m e n ts o f a n y k in d , o f . . . . . . . . . . ....................................................... .
T
-
--
-
$ 4 ,4 2 7 ,6 0 9 2 9
...........................................
Of th e
w it h F — ------- ------ ,------------------- 1
--------M B
■
_
m en ts) w e r e cre a te d . T he C h a r g e s o f y o u r C o m p a n y w e r e th u s re d u c e d to
F IX E D AN D O B L IG A T O R Y :
F O R I N T E R E S T ON G E N E R A L M O R T G A G E R O N D S , T A X E S , R E N T A L S , E T C ..............................................
C O N T IN G E N T ;
F O R I N T E R E S T ON I N C O M E B O N D S ( I F E A R N E D A F T E R I M P R O V E M E N T S , E T C . ) , . . . . .......................
$ 8 ,0 0 0 ,0 0 0 0 0
$ 4 ,0 0 0 ,0 0 0 0 0
T h e P la n in clu d e d th e p r o v is io n o f a Cash F u n d w h ic h w a s th o u g h t su fficien t fo r th e e a r ly im p r o v e m e n t o f th e p r o p e rtie s, w h ic h w o u ld
a s w e ll en a b le som e p a y m e n t to b e m a d e o n th e I n c o m e B o n d s fr o m th e b e g in n in g o f o p e ra tio n s u n d e r the R e o rg a n iz a tio n .
Im p r o v e m e n ts th e n fo u n d a b s o lu te ly n e c e s s a r y , w h ic h h a d b e e n p o s tp o n e d fr o m la c k o f fu n d s , w e r e p ro s e c u te d as v ig o r o u s ly a n d
ju d ic io u s ly as p ossib le, a n d efforts in th a t d ire ctio n w e r e la r g e ly re fle cte d tn ro u g h th e r e s u l t s , w h ic h a re, e x c lu s iv e o f N e t E a rn in g s f r o m
s o u r c e s o th e r th a n ra ilro a d o p e r a t io n s :
m ^
y E A R TQ JU N E ^
lg 9 0
T H E G R O S S E A R N I N G S W E R E ....................................... - ....................................................... |....................................................... $ 3 1 , 0 0 4 , 3 5 7 0 3
G A I N O V E R P R E V I O U S Y E A R ( 1 2 4 - 1 0 p e r c e n t ) ..................................................................................................................
II
N E T E A R N I N G S ................................................................................................................................................................................................
11
Y E A R TO JU N E 3 0, 1891.
G R O S S E A R N I N G S ............................................................. ......... .................................................................... §........................................... . $ 3 2 > 6 6 3 ,7 I 6 1 8
N E T E A R N I N G S ............................... ......................... - ....................................................................................................................................
G A I N O V E R 1 8 8 9 (4 2 p e r c e n t ) .............................................................................................................................................................
*M >?2’ '546 5 *
2 ,8 4 8 ,1 5 5 8 3
Y E A R T O J U N E 3 0 , 1892.*
G R O S S E A R N I N G S ............ .....................................I ........................................... ...........................................................................................
22
N E T E A R N I N G S ....................................................................................5........... ...............................................................................................
G A I N O V E R 1 8 8 9 (6 0 7 - 1 0 p e r e e n t ) .................................. ......................., ......................................................................................
22
4 ,1 1 3 ,8 2 7 2 9
(* P a r t ly a p p ro x im a te d .)
T h ese in cr e a s in g retu rn s d id n o t re s u lt fr o m e x tr a o r d in a r y cr o p s , b u t re fle cte d n a tu ra l e o n d itio n s fr o m th e s te a d y g r o w t h o f th e c o u n t r y
th r o u g h w h ic h y o u r m ilea g e e x te n d s , a n d are s u ch as t o in su re c o n fid e n ce o f th e M a n a g e m e n t in th e ir co n tin u a n ce . T h e C om p a n y is th e o w n e r
o f la rg e in teres ts in C oal a n d o th e r P ro p e rtie s a n d o f S e cu ritie s fro m w h ic h a la rg e n e t re v e n u e p e r a n n u m is o b ta in e d , a n d w h ich , a d d ed t o
N e t retu rn s fr o m R a ilw a y O p era tion s, m a k e A g g re g a te o f N et E arn in g s fo r e a ch o f th e F is c a l Y e a rs a b o v e sta ted , as f o llo w s :
A G G R E G A T E N E T E A R N I N G S F I S C A L Y E A R T O JTUNE 3 0 , 1 8 9 0 ............................................................................. $ 1 1 , 1 9 5 , 9 1 9 5 ft
«
«
«
“
“
«
«
«
«
“
“
“
JTUNE 3 0 , 1 8 9 1 .............................................................................
J U N E 3 0 , 1 8 9 2 ..............................................................................
1 0 ,3 * 0 ,7 0 2 7 6
1 1 ,7 3 6 ,2 1 8 0 0
I n th e I n c o m e B o n d cr e a te d u n d e r the P la n o f R e o r g a n iz a tio n it is p r o v id e d th a t it is o p tio n a l w it h th e M a n a g e m e n t th a t th e c o s t o f al
I m p r o v e m e n ts m a d e o n th e p ro p e rtie s sh a ll b e d e d u cte d b e fo r e in te re s t is p a id , an d , as th e fu n d p r o v id e d u n d e r th e R e o rg a n iz a tio n P lan b e c a m e
e x h a u s te d , th ese d e d u ctio n s h a d to b e m a d e, le a v in g a d im in ish e d ra te o f in te re s t f o r th e I n c o m e B o n d co u p o n s , v iz ., 23* p e r ce n t in th e firs t
p e r io d , 2 p e r ce n t in th e s e co n d a n d 2 1 p e r ce n t n o w d e cla re d f o r the y e a r ju s t clo s in g .
«
W ith th e e x p e r ie n c e th e M a n a gem en t ha s n o w o b ta in e d in o p e ra tio n o f th e p ro p e rtie s, i t is b e lie v e d th a t t h e I m p r o v e m e n ts f o r se v e ra l
y e a r s t o c o m e sh ou ld n o t be less than fr o m $ 2 ,0 0 0 ,0 0 0 to $ 3 ,0 0 0 ,0 0 0 p e r annu m , in c lu d in g E q u ip m e n t r e c e n t ly a c q u ir e d u n d e r C ar T ru st a n d
s u c h o th e r R o llin g S to c k as m a y b e d eem ed n ec e ss a r y f o r th e fu tu r e w a n ts o f th e roa d .
W ith I m p r o v e m e n ts s a tis fa c to r ily p ro v id e d fo r , th e E a rn in g P o w e r o f th e p ro p e rtie s s h o u ld h e in cr e a s e d th ro u g h r e d u c tio n s in O p e r a tin g
E x p e n s e s , secu red b y su b sta n tia l a n d a d eq u a te a d d itio n s t o P lan t.
T h e I m p r o v e m e n ts In q u e s tio n re la te a lon e t o T ra ok s, R o a d -b e d , B u ild in gs, M a ch in e ry , a n d r o llin g S to c k on existin g m ilea ge o f the A lch tson
T op ek a <• Santa Fe R a ilroa d System, a s described in C ircu la r 6 3 , w h ic h e x c lu d e s th e lin es o f th e St. L o u is & S an F ra n c is co a n d C o lo r a d o M id la n d
£
R a ilw a y C om p a n ies, ea ch o f w h ic h h a s in d e p e n d e n t m ea n s f o r su ch p u rp o s e s.
_
“
T h e Im p r o v e m e n ts m a d e en th e R a ilw a y lin es fr o m O cto b e r, 1 88 9 (p e rio d o f R e o rg a n iz a tio n ), t o J u n e 3 0 ,1 8 9 2 . o th e r th a n R o llin g S to c k
h o t b u ilt a t C o m p a n y 's S h op s, a n d e x c lu s iv e o f R ep a irs a n d R e n e w a ls o f P la n t an d E q u ip m e n t ch a r g e d in to O p e ra tin g E x p e n s e s (w h ich m o re th a n
o ffs e t d e p re cia tio n ), w ill a m ou n t t o $ 4 ,9 0 0 ,0 0 0 , a d d itio n a l to w h ic h th e re w e r e p u rch a se d in y e a rs 1 8 9 0 a n d 1 89 1 C ars a n d E n g in e s t o th e va lu e
o f $ 2 ,5 0 8 ,9 4 5 4 8 , w h ich w e r e p la c e d u n d e r a T r u s t w h ie h w ill n o w be c a n c e le d a n d th is R o llin g S to c k e n te r d ir e c t ly u n d e r th e M o r tg a g e
L ie n s , m a k in g a n a g g re g a te o f n e w v a l u e s in I m p r o v e m e n ts an d E q u ip m e n t a d d e d to th e p r o p e r t y t o J u n e 3 0 , 1 89 2 , o f $ 7 ,4 0 8 ,9 4 5 4 8 , t o
w h ic h w ill also h e in clu d e d fr o m th e op e ra tio n s o f th is P la n th e a d d itio n a l su m o f $ 2 ,5 0 0 ,0 0 0 in C ars a n d E n g in e s n o w b e in g d e liv e re d u n d e r
E q u ip m e n t T ru st S eries A .
.
I t is th e o p in io n o f th e M a n a g em en t th a t th e tim e h a s n o w a rriv e d w h en all o f th e o b lig a tio n s o f t h e C o m p a n y ca n b e r e tu r n e d t o a e i x e a
B a s is , su fficien t fu n d s p r o v id e d to ta k e ca re o f a ll o f th e I m p r o v e m e n ts o f th e r o a d re q u ire d f o r a t le a st f o u r y e a rs, an d i f n e c e ss a r y , a lo n g e r
p e r io d , a n d a t th e sam e tim e th e r e s to ra tio n o f th e J u n io r B o n d s a n d C ap ita l S to c k o f th e C om p a n y to a m o re p e rm a n e n t a n d sta b le m a rk e t v a lu e ,
w it h a ssu red retu rn s o n th e firs t a n d p ro b a b le b a la n c e s f o r th e la tter.
W ith th e fo r e g o in g fa c t s p re s e n te d , th e M a n a g em e n t offers th e th e fo llo w in g t o th e I n c o m e B o n d h o l d e r s o f th e C o m p a n y :
P R O P O S E D C O N V E R S IO N .
A S e c o n d M o r t g a g e , u n d e r w h ic h th e issu e o f b o n d s w ill b e as h e r e in a fte r sta ted , d a te d J u ly 1 ,1 8 9 2 , t o e x p ir e J u ly 1 ,1 9 8 9 , c o v e r in g
a ll th e p ro p e rtie s o f th e A tc h is o n a n d A u x ilia r y C om p a n ies n a m e d in C ircu la r 6 3 o f O c to b e r 1 5 ,1 8 8 9 , h a s b e e n c r e a te d , n e x t in lie n t o t h e
G e n e ra l M ortg a g e , u n d er w h ic h C ou p on G o ld B on d s in d e n o m in a tio n s o f o n e th o u s a n d d o lla rs ($ 1 ,0 0 0 ) a n d fiv e h u n d re d d o lla rs ( 4500 ) a n a
R e g is t e r e d B o n d s o f fiv e h u n d red d olla rs ($ 5 0 0 ), o n e th o u s a n d d o lla rs ($ 1 ,0 0 0 ), t e n th o u s a n d d o lla rs ($ 1 0 ,0 u 0 ), an d fif t y th o u s a n d d o lla rs
($ 5 0 ,0 0 0 ) ea ch w ill issue, w ith F I X E D IN T E R E S T p a y a b le O c to b e r a n d A p r il in e a c h y e a r. S crip in d e n o m in a tio n o f o n e h u n d re d d o lla r s
($ 1 0 0 ) w ill also issu e b e a r in g in te re s t p a y a b le w h e n c o n v e r te d in t o B o n d s.
T h e B o n d s u n d er th is In d e n tu re w ill a ll h a v e th e sam e s e cu rity , a n d w ill he iss u e d in t w o cla ss e s, v i z .:—
CLASS
“ A ” : $ 8 0 ,0 0 0 ,0 0 0 .
TO D R A W F I X E D IN T E R E S T , P A Y A B L E O C T O B E R A N D A P R I L .
3 M O N TH S, E N D IN G S E P T E M B E R 3 0 , 1 8 9 2 .................................................................................. A T R A T E O F , P E R A N N U M .............. 2*s p . C.
1S T Y E A R , E N D IN G S E P T E M B E R 3 0 , 1 8 9 3 ................................................................................. “
“
..............2 ^ p . c.
2 D Y E A R , E N D IN G S E P T E M B E R 3 0 , 1 8 9 4 ..................
“
“
*«
..............3 p. 0.
3 D Y E A R , E N D IN G S E P T E M B E R 3 0 , 1 8 9 5 .............................................................................
“
“
“
..............3 ^ p. C.
4 T H Y E A R , E N D IN G S E P T E M B E R 3 0 , 1 8 9 6 , A N D T H E R E A F T E R U N T IL M A T U R I T Y .. “
“
“
..............4 p . C.
T h ese b e n d s w ill he d e liv e re d to h o ld e rs o f p r e s e n t I n c o m e B o n d s, p a r f o r p a r, w it h o u t e x p e n se t o th em , and at th e sa m e tim e
a n d p ls o e su ch e x c h a n g e is m a d e a ce r tifica te f o r th e su m o f Sht p e r c e n t in te re s t d e cla re d p a y a b le o n I n c o m e B o n d s b y t b e M a n a gejfcLj*
m en t, fr o m op e ra tio n s o f th e y e a r to J u n e 3 0 ,1 8 9 2 , w ill he d e liv e re d , p a y a b le S e p te m b e r 1, 189 2 . T h e I n c om e B o n d s d e p o site d f o r
e x c h a n g e should h a v e th e re w ith C o u p o n No . 3 o p S e p t e m b e r 1 ,1 8 9 2 , a n d all s u b se q u e n t C ou p on s. T h e C lass A S e c o n d M o r t g a g e
G o l d B o n d s t o b e d e liv e re d in e x c h a n g e f o r I n c o m e B o n d s w ill h a v e a tta ch e d a C o u p o n f o r th re e m o n th s ’ In te re s t d u e a n d p a y a b le
O c to b e r 1 ,1 8 9 2 , a t ra te o f 2 H p e r e e n t p e r an n u m , an d s u b se q u e n t C ou p on s f o r I n te r e s t p a y a b le S em i-a n n u ally o n A p ril 1 a n d O c to b e r
i
1, in e a ch y e a r as p r o v id e d . T h e p r e s e n t I n c o m e B o n d s so r e c e iv e d w ill b e d e p o s ite d w ith th e U n io n Trust C o m p a n y o f N e w
*
Y o r k , T ru stee o f th e N ew S e co n d M o rtg a g e , as p a r t o f th e s e cu rity o f th e S e co n d M o r tg a g e G o ld B o n d s, th u s g iv in g t o th e se b on d s, in
a d d ition to th e S e co n d M o rtg a g e , th e e n u r e lie n n o w g iv e n b y th e G e n e ra l M o r tg a g e to s e cu re th e p r in c ip a l o f th e In c o m e B o n d s.
jj
j
*
*
*
»
*
*
<
»
•
*
THE
May 28, 1892,J
CHRONICLE
7i l
I f i n a l ic i a l.
A TC H IS O N T O P E K A & S A N T A FE R AILR O A D C O M P A N Y.—(Continued.)
C L A S S “ B , ” $ 2 0 ,0 0 0 ,0 0 0 .
T O D R A W F I X E D IN T E R E S T , P A Y A B L E O C T O B E R A N D A P R I L , A T 4 P E R C E N T P E R A N N U M .
T h ese b o n d s to b e issu ed in n o g r e a te r sum in a n y o n e y e a r th a n liv e m illio n s o f d o lla rs ($ 5 ,0 0 0 ,COO), a n d o n ly b y th e T r u s t e e
u p o n ce r tifica te o f th e B o a r d o f D ir e c to r s o f th e C o m p a n y d u ly fu r n ish e d th a t th e p r o c e e d s sh a ll o ^ n iy t o s p e c ific I m p r o v e m e n t s
(in clu d in g E lu ip m e n t) th e re in n a m ed o n th e m ile a g e o f th e A te h is o n T o p e k a <k 8 a a t a F6 R a ilr o a d 8 > o t jm as i t e x is te d as o f J u ly 1 ,
1 8 9 2 , e x c lu s iv e o f th e m ile a g e o f th e St. L ou is A S an F ra n cis o o R a ilw a y S y s te m an d t h e C o lo r a d o M id la n d R a ilw a y . I n th e e v e n t
th a t th e Im p r o v e m e n ts in a n y on e y e a r shall n o t b e e q u a l t o th e p ro ce e d s o f th e $ 5 ,« 0 0 ,0 0 0 o f b o n d s , it is u n d e rs to o d th a t th e s u r p lu s
p r o c e e d s o f su ch b o n d s s h a ll a p p ly in th e n e x t y e a r fo llo w in g to Im p r o v e m e n ts f o r su ch y e a r, b u t t o n o g r e a t s a m o u n t than. t h e
p r o c e e d s o f $ 5 ,0 0 0 ,0 0 « o f b on d s in a n y on e y e a r, so th a t, w h ile p ro v is io n is m a d e th a t b o n d s ca n issu e m a n y o n e
•ir to , ie lim it o f
$ 5 ,0 0 0 ,0 0 0 , th e p r o c e e d s o f th e sam e m a y a p p ly t o m ore th a n th e fo u r y e a rs c o v e r e d b y th e $ 2 0 ,0 0 0 ,0 0 0 o f b on ,s ,
i t is a ls o
u n d e r s to o d th a t th e p r o c e e d s o f n o n e o f th ese b o n d s sh a ll a p p ly t o t h e e x te n s io n o f th e C o m p a n y ’ s lin e s b e y o n d th e m ile a g e r e fe r r e d to .
.
*
*
*
*
*
*
T h e fo re s
y e a r s fro m JuT
^ O T tg a g e th#8rig h U a re s e rv e d t o t ’h e ^ o m p a n y T o ’ issu e S e co n d M o rtg a g e 4 p e r ce n t G o ld B e n d s, o n ly a ft e r t h e fu ll a m o u n t o f th e $ 2 0 ,0 0 0 ,0 0 0
“ ass B ^ o n d s shall^ h a v e b e « issu ed t o an a m ou n t n o t in a n y one* y e a r e x c e e d in g $2 5 0 0 0 0 0 f o r th e sam e s p e c ific p u rp o s e s, o n th e s a m e
m ile a g e and u n d e r th e sam e c o n d itio n s as p r o v id e d f o r th e issu e o f th e Class B B o n d s, t o a t o ta l lim it o f $ 5 0 ,0 0 0 ,0 0 0 .
U n d e r th is P la n , th e F ix e d ch a rg es o f th e C om p a n y fo r f o u r y e a rs b e g in n in g w it h J u ly 1 ,1 8 9 2 , w ith n o C o n tin g e n t C h a rges e x c e p t i n g
s u c h as w ill p e r ta in to d iv id e n d s o n C ap ita l S to ck , w ill b e as f o l l o w s :
F I X E © C H A R G E S F I R S T Y E A R , B E G IN N IN G J U L Y 1, 1 8 9 2 .
T a x e s , R e n t a l s , I n t e r e s t o n G e n e r a l M o r t g a g e 4 p e r c e n t G o l d R o n d s , e t c ................................................................. .
2 1 - 2 p e r c e n t o n $ 8 0 , 8 0 0 , 0 0 0 C la s s “ A ” S e c o n d M o r t g a g e G o l d R o n d s .........................................................................
4 p e r c e n t o n $ 5 , 0 0 0 , 0 0 0 C la s s “ B ” S e c o n d M o r t g a g e G o l d R o n d s .....................................................................................
$ £ > £ 0 0 ,© b ©
2 ,0 0 0 ,0 0 0
2 0 0 ,0 0 0
T o t a l O b l i g a t o r y F i x e d C h a r g e s a h e a d o f C a p it a l S t o c k , F i r s t Y e a r ........................................................................ $ 1 0 , 2 0 0 , 0 0 0
F I X E © C H A R G E S SECON D Y E A R , B E G IN N IN G J U L Y 1 , 1 8 9 3 .
T a x e s . R e n t a l s , I n t e r e s t o n G e n e r a l M o r t g a g e G o l d R o n d s , e t c ......................................................................... .
2 1 - 2 p e r c e n t I n t e r e s t o n C la s s “ A ” $ 8 0 , 0 0 0 , 0 0 0 S e c o n d M o r t g a g e G o l d R o n d s , 3 m o s .................
3 p e r c e n t I n t e r e s t o n C la s s “ A ” $ 8 0 , 0 0 0 , 0 0 0 S e c o n d M o r t g a g e G o l d R o n d s , 9 m o s ...................... 1 , 8 0 0 , 0 0 0
——
——— ———
—
•
$ 8 ,0 0 0 ,0 0 ©
a
4 p e r c e n t o n $ 1 0 , 0 0 0 , 0 0 0 C la s s <‘ R ” S e c o n d M o r t g a g e G o l d R o n d s ...................... .............................. .......................... ............. 4 0 0 , 0 0 0
T o t a l ............................................................................ .......................................................................................... .............. .............. ..........
$ 1 0 ,7 0 0 ,0 0 ©
T O T A L F I X E D C H A R G E S T H I R D Y E A R , B E G IN N IN G J U L Y 1 , 1S 94 .
T a x e s , R e n t a l s , I n t e r e s t o n G e n e r a l M o r t g a g e G o l d B o n d s , e t c ......................................................................... •
3 p e r c e n t I n t e r e s t o n C la s s “ A ” $ 8 0 , 0 0 0 , 0 0 0 S e c o n d M o r t g a g e G o l d B o n d s , 3 m o s ...................... $ 6 0 0 ,0 0 0
3 1 - 2 p e r c e n t I n t e r e s t o n C la s s “ A » $ 8 0 , 6 0 0 , 0 0 0 S e c o n d M o r t g a g e G o l d R o n d s , 9 m o s ............. 2 , 1 0 0 , 0 0 0
$ 8 ,0 0 0 ,0 0 0
— ——
—
——— —
^ ^ 7 0 0 )0 0 0
4 p e r c e n t I n t e r e s t $ 1 5 , 0 0 0 , 0 0 0 C la s s “ B ” S e c o n d M o r t g a g e G o l d B o n d s .................................................................... .............6 0 0 , 0 0 ©
T o t a l . . ................................................................ - ........ . . . ....... - ..........- ................................. .................. I f ................................................
$ 1 1 ,3 0 0 ,0 0 ©
T O T A L F I X E D C H A R G E S F O U R T H Y E A R , B E G IN N IN G J U L Y 1 , 1 8 9 5 .
T a x e s , R e n t a l s , I n t e r e s t o n G e n e r a l M o r t g a g e G o l d R o n d s , e t c ......................................................................... . .
3 1 - 2 p e r c e n t I n t e r e s t o n C la s s “ A ” $ 8 0 , 0 0 0 , 0 0 0 S e c o n d M o r t g a g e G o l d B o n d s , 3 m o s ...............$ 7 0 0 ,t> 0 0
4 p e r c e n t I n t e r e s t o n C la s s “ A ” $ 8 0 , 0 0 0 , 0 0 0 S e c o n d M o r t g a g e G o l d B o n d s , 9 m o s ......................2 , 4 0 0 , 0 0 0
$ 8 ,0 0 0 ,0 0 ©
— — ——
—
o jlu U jU iiv
I n t e r e s t o n C la s s t4B ” $ 2 0 , 0 0 0 , 0 0 0 S e c o n d M o r t g a g e G o l d B o n d s ............ .............................................. ........................................8 0 0 , 0 0 ©
T o t a l . . ’ . ......... ..........
$ 1 1 ,9 0 0 ,0 0 ©
T H E F I X E D C H A R G E S F O R T H E F I F T H Y E A R , A N D T H E R E A F T E R , P R O V I D E D NO F U R T H E R I S S U *
O F SECOND M O R T G A G E BON DS S H O U L D B E FO U N D N E C E SS A R Y , W IL L B E
T a x e s , R e n t a l s , I n t e r e s t o n G e n e r a l M o r t g a g e 4 p e r e e n t G o l d R o n d s .......................................................................... . $ 8 , 0 0 0 , 0 0 0
4 p e r c e n t I n t e r e s t o n $ 1 0 0 , 0 0 0 , 0 0 0 S e c o n d M o r t g a g e G o l d R o n d s .................................................................................... -___ 4 ,0 Q Q ,o m *
T o t a l ...............................................
$ 1 2 ,0 0 0 ,0 0 ©
I n ca s e th e Im p r o v e m e n ts in a n y o f th e y ea rs a b o v e n o t e d ca ll fo r le ss th a n th e p r o c e e d s o f $ 5 ,0 0 0 ,0 0 0 S e co n d M o r tg a g e G o ld B o n d s, t h e
F i x e d ^ C h a r ^ ^ ill^ b e ^ r ^ o r t io ^ m t e ^ y low e r.te h iso n c o m p a n y , in t o ta l a m o u n t $ 2 ,5 0 0 ,0 0 0 . T h e first C ar T ru st o f 1 8 9 0 -9 1 p ro p o s e d t o h a v a
b e e n issu ed , in a m o u n t o f $ 2 ,5 0 8 ,9 4 5 4 8 , ha s b e e n ca n c e le d , a n d th e B o llin g S to c k tu rn e d in u n d e r th e lie n o f th e G e n e ra l M o rtg a g e a n d s e c o n d
M o r tg a g e B o n d in d en tu res.
_
8 8
D E P O S IT O F B O N D S F O R E X C H A N G E :
IN C O M E B O N D S WILL BE RECEIVED FOB EXCHANGE UNDER THIS PLAN, BEGINNING WITH JUNE 1ST, 1 8 9 2 , BY THE FOLLOWING APPOINTEDAGENCIES
U N I O N T R U S T C O M P A N Y O F N E W Y O R K , A t O f f i c e o f A t c h i s o n C o m p a n y , 9 5 M ilk S t ., B o s t o n .
U N IO N T R U S T C O M P A N Y O F N E W Y O R K , 8 0 B r o a d w a y , N e w Y o r k C i t y .
B A R IN G B R O T H E R S 8c C O M P A N Y , L I M I T E D . 8 B i s h o p s g a t e - w i t h i n , L o n d o n , E . C .
H o ld e rs fo r w a r d in g b o n d s fr o m d ista n t p o in ts in A m e r ic a s h o u ld sh ip th e m , b y e x p re ss , t o th e U n io n T ru st C o m p a n y o f N ew Y o r k , 8 © '
B r o a d w a y , N ew Y o r k C ity .
, „
,
„
T , .. . T
.
H o ld e r s in fo re ig n co u n trie s s h o u ld sh ip th e ir b o n d s t o B a r in g B r o th e rs & C o m p a n y , L im ite d , L o n d o n .
A ll e x p e n se s o f tra n sm ission o f b on d * d e liv e re d a t eith e r o f th e a b o v e A g e n c ie s w ill b e p a id b y th e A tc h is o n C o m p a n y .
__ _
_
P e n d in g p re p a ra tio n o f e n g ra v e d b o n d s, th e w o r k u p o n w h ic h is p ro c e e d in g w it h d e sp a tch , N e g o tia b le C e rtifica te s o f th e c o m p a n y : i q
m
D e p o s it o r y w ill b e d e liv e re d I n c o m e B o n d h o ld e rs , t o b e e x c h a n g e d w ith o u t u n n e ce s sa ry d e la y f o r th e fo r m e r in d u e co u rse . A p p lic a tio n t o lie s
t h e s e C ertifica tes w ill h e p r o m p tly m a d e to th e s e v e ra l S to c k E x ch a n g e s in B o s to n , N e w Y ork a n d a b roa d .
A m *»«.
I n c o m e B o n d S crip o f a n y cla s s w ill h e r e c e iv e d fo r e x c h a n g e , th e sam e as th e b o n d s, in a m ou n ts n o t le ss th a n $ 1 0 0 an d in e v e n h u n a r e a *
o r thousands^ ^ ^
q { thft boTldg ca u e d fo r e x c h a n g e u n d e r C ircular. 63 o f O c to b e r 1 5 ,1 8 8 9 , u p o n p re s e n tin g th e ir b o n d s t o a n y o f the A g e n c ie * *
m e n tio n e d , ca n e ffe ct th e o rig in a l a n d p r e s e n t e x c h a n g e s a t th e sam e tim e.
T O E N A B L E T H E C O M P A N Y A N D I T S A G E N C I E S T O P R O M P T L Y , C A R R Y O U T T H E E X C I I A N G E j© F F E R E I k
H E R E I N , H O L D E R S S H O U L D D E P O S IT T H E I R IN C O M E B O N D S B E F O R E J U L Y 1 5 , 1 8 9 2 .
S U B S C R IP T IO N TO S E C O N D M O R T G A G E 4 P E R C E N T G O L D B O N D S C L A S S “ B .”
T h e M a n a g em en t co n s id e rs a t p r e s e n t a fa ir b a s is o f m a r k e t v a lu e o f th e n e w S e co n d M o r tg a g e 4 p e r ce n t G o ld B ond# C lass “ B ” t o b e 7 0 .
H o ld e r s o f In co m e B o n d s d e p o s itin g th e ir b o n d s fo r e x c h a n g e a re in v ite d to s u b scr ib e to a n y a m o u n t o f $ 5 ,0 0 0 ,0 0 0 o f th e se b o n d s , w h ie k
•will b e a u th oriz ed t o b e iss u e d f o r Im p r o v e m e n ts to b e m a d e fo r th e first y e a r, b e g in n in g w ith J u ly 1 ,1 8 9 2 , at a p r ic e o f 6 7 , th e b o n d * a l lo t t e d
t o ca rr y all co u p o n s f o r I n te re s t a t 4 p e r een t fro m J u ly 1 ,1 3 9 2 .
. ,,
_
. ,,
,
L,' _
E a c h d e p o s ito r o f $ 1 ,6 0 0 in I n c o m e B o n d s w ill b e e n title d to su b scrib e f o r $ 1 0 0 ©f th e n e w S e c o n d M o r tg a g e C lass
B
F our P er C ent
B o n d s . I n th e e v e n t o f a p p lica tio n s e x c e e d in g t h e t o ta l a m o u n t to h e offe re d fo r s u b scr ip tio n , th e e x c e s s w ill b e a d ju s te d in p r o p o r t io n t o th e A r r an gem en ts h a v e b e e n m a d e b y w h ic h th is s u b s cr ip tio n h a s b e e n u n d e rw ritte n , a s y n d ica te h a v in g b e e n fo r m e d t o ta k e a ll th e b o n d s n o t
a v a ile d o f b y I n c o m e B o n d h o ld e r s :
_
________ ___
S U B S C R IP T IO N S W IL L B E P A Y A B L E A S F O L L O W S :
1 0 P E R C E N T IN C A S H T O A C C O M P A N Y A P P L IC A T IO N .
25 P E R CENT UPON A LLO TM E N T.
2 5 P E R C E N T W IT H IN 3 0 D A Y S A F T E R A L L O T M E N T .
2 0 P E R C E N T W I T H IN 6 0 D A Y S A F T E R A L L O T M E N T .
2 0 P E R C E N T W IT H IN 9 0 D A Y S A F T E R A L L O T M E N T .
P A Y M E N T S M A Y B E A N T I C I P A T E D U P O N A N Y D A Y {U P O N W H I C H I N S T A L M E N T S A R E D U E , A N D
T E R E S T W IL L B E A L L O W E D T H E R E O N A T T H E R A T E OF F O U R P E R CENT P E R ANNUM.
IN
T h e S u b s c r ip t io n L is t w ill clo s e o n th e 1 st o f J u l y , 1 8 9 2 .
A ll. c a s h p a y m e k t s u n d e r th is S u b scr ip tio n w ill b e m a d e to th e A t c h is o n T o p b k a & Sa n t a F b R a il r o a d C o m p a n y , 9 5 M i l k St r e e t ,
B o s t o n , a n d a t its F is c a l A g e n c ie s , M essrs. B a r in g , M a g o u n & C o m p a n y , 1 5 W a l l S t r e e t , N e w Y o r k , a n d M essrs. B a r in g B r o t h e r s &
C o m p a n y , L im it e d , B is h o p s g a t e - w i t h i n . L o n d o n , E n g ., a t all o f w h ic h p la c e s b la n k s w ill b e fu rn ish e d as m a y h e req u ire d . R e c e ip ts w ill b e
is s u e d b y su ch d e p o s ito rie s as A g e n ts f o r th e S u b scrib ers u p o n the u n d e rsta n d in g th a t th e m o n e y s r e c e iv e d s h a ll h e h e ld in tru s t, n o t t o b e p a id
f o r th e uses o f th e R a ilr o a d C o m p a n y u n til th e D ire c to r s o f s a id C o m p a n y sh a ll o fficia lly a n n o u n ce t h a t th e P la n o f C o n v e r sio n h a s b e c o m e
e ffe c tiv e .
O r a l a n d w r i t t e n in q u ir ie s c o n c e r n in g th is P la n , a n d a p p lica tio n s fo r C ircu la rs an d b la n k s fo r u s e th e re u n d e r, c a n h e m a d e o f M e s s r s .
B A b in g , M a g o u n & C< 'Mp a n y , 15 W a l l St b b e t . N e w Y o r k C i t y , M essrs. B a r in g B » o t h e r s & C o m p a n y , L im it e d , L o n d o n , E n g ., a n d o f J . W .
B e in h a r t , V ic e -P r e s id e n t A t c h is o n C o m p a n y , 9 5 M i l k S t r e e t , B o sto n . B y o r d e r o f th e B o a r d o f D ir e c to r s .
J . W . R E I N H A R T , Vice-President.
G E O R G E C . M A G O U N , Chairman.
th e
▼ ìli
NEW
P E N N S Y L V A N IA
LOAN.
IT
C IT Y
NEW
R A IL R O A D
,
iV ol. l i v
COM-
PANT
T R EA SU R E R'S DEPARTM EN T,
P h il a d e l p h i a , May 2,1892.
The Board o f Directors have this day declared a
Semi-annual Dividend o f TH R E E PE R CENT upon
the capital stock o f the Company, clear o f tax, pay
able on and after May 31 next, to shareholders as
registered on the books o f the Company at 3 P. M.,
April 80,1892.
On Saturday, May 28, Dividends will be paid to
Women only.
_
ROBERT W . SMITH, Treasurer.
$ 1 0 0 ,0 0 0
i
c h r o n ic l e
OF
BEDFORD
r p H E C A N A D IA N P A C I F I C R A I L W A Y
L
COMPANY.
Of f ic e o f t h e S e c r e t a b y , )
Registered Park Loan
4
PER C E N T BONDS.
50
Y E A R S T O RIJK.
W e w ill t a k e in e x ch a n g e a t p a r an d in
t e r e s t t o d ate o f m a tu r ity a n y M a ssa ch u
s e t t s C ity o r T o w n B on d s m a tu rin g on o r
b e f o r e A u g u st 1st, 1 8 9 2 .
Spencer Trask &
C o .,
1 0 W I L L S T ., N E W Y O R K .
16 CON GRESS ST . B O STO N .
THE
JLewis
Investment C o .,
JOES M O IN E S, I O W A .
Ca p i t a l P a i d U p ,
-
$1 0,000.
C h o i c e Investm ents in th e m ost C o n s e r v a
tiv e F ie ld in the W e s t.
^ ¡Y
p j£ g |
Guaranteed First MortW t A I E «1 l i L. a® 1 gages on improved lands
at Iow a and Eastern Nebraska. Safe and Desirable
®8W
p c ||
Debenture Bonds, securI E l » W E PS I ed by deposit o f First
M ortgage Loans w ith an Eastern trustee. F i f t e e n
T a i n s ’ S u c c e s s f u l E x p e r i e n c e . Se n d f o r p a m
r
M o n t r e a l , May 17,1892. )
The half-yearly interest on the first m< rtgage
bonds o f the Manitoba S uthwestern Colonization
Rei way Companv, due on the 1st. o f June, proxim o,
and payable by the Canadian Pacific Railway C mpany, under the terms o f to e m ortgage, will be paid
i n - n o after that date at the office o f the Bank o f
Montreal, No. 59 Wall Street, New T ori', or at the
office o f Messrs. Bl«ke, Boissevain & Co., No. 11
Copthall Court, i ondon.
CH ARLES D R IN K W A T E R ,
Secretary.
HE R A IL W A Y
T
E Q U IP M E N T CO. OF
MINNESOTA.
Coupon No. 2, due June 1st, o f this Company’s
First Mortgage Bonds, will be paid on and after
that date at the office o f the Financial Agents,
M A ITLA N D , PHELPS & CO.,
24 Exchange Place.
MAY 28th, 1892.
TH E
R IO
G R A N D E JU N C T IO N R A I L -
W A Y COMPANY.
Coupon No. 5, due June 1st, o f this Company's
First M ortgage Bonds will be paid on and after
that date at the office o f the Financial Agents,
M A ITLA N D , P H E LP3 & CO.,
24 Exchange Place.
MAY 28th, 1892.
P h i l a d e l p h i a , Penn., May 25,1892.
F ID E L IT Y IfiS U ttA M U , T K U s T
1 & SAFE DEPOSIT COMPANY will distribute
through the CEN TRAL TRUST COMPANY OF
NEW YORK, on and after June 21, to the HOLD
ERS OF CERTIFICATES OF EQU ITABLE IN
TEREST in the stocks o f the CHICAGO GAS COM
PANIES, o f record, June 8, an amount equal to 1)4
PER CENT o f the par value o f their holdings o f the
certificates o f that company. The transfer books
will close June 8 at 3 P. M. aud reopen on-June 22.
JOHN B. GEST, President.
THE
N. Y . G U A R A N T Y
& IN D E M N IT Y CO.
69 C e d a r St ., n b w Y o r k , C i t y .
phlet.
W . A. HOTCHKISS,
GEO. II. LEWIS,
A c t ’g Secretary.
President.
Ri c ha r d V. Harnett 8& Co
Henry W. Donald, Auctioneer.
REGULAR AUCTION SALI
OF
Coupons o f the OHIO SOUTHERN RAILR O A D
COMPANY First Mortgage Bonds due June 1,1892,
will be paid on and after that date on presentation
at the above office.
H. A . MURRAY, Treasurer.
F IC
S
COM
Y
B
S (Mit
),
OF PA NE , 23 O U T H E R. N YP A CB.IF IC27,1892.
N
May
road
t
ew
THE
S to c k s an d Bonds.
TUESDAY, Hay 81, at 12:80 P. M.
M IL W A U K E E ST R E E T R Y .
CO.
THE
IN T E R E S T A N D D IV ID E N D S ON
M i; l s B u i l d i n g , B r o a d St ., May 20,1892.
The coupons due June 1, 1892, o f the F IV E PERCENT Coi solidated Mortgage Gold Bonds o f this
company will he paid on and after that date on pres
entation at the office o f the Central Trust Com
pany o f New York, 54 W all St., New York City.
C. A . SPOFFORD, Treasurer.
dLt th e Real-Estate Exchange A Auction Boon
Noe. 50 to 65 Liberty St.
(F or account o f whom It may concern.)
315 shares National Park Bank, $100 each.
1 Share New York Law Institute.
9 shares Union Trust Go., $100 each.
SO shares Tw enty-Third W ard Bank. $100 each.
“SS shares
10 shares
* 0 shares
• shares
30
10 shares
Market & Fulton National Batik, $100 each
Chicago & A lton R R. Co., $100 each.
Mercantile National Bank, $100 each.
H anover National Bank, $100 each.
Im porters’ & Traders’ National Bank, $10
each.
5 » shares Fourth National Bank. $100 each,
««s h a r e s National Broadway Bank, $25 each.
72 shares National Butchers’ & Drovers’ Bank, $2.
each.
National Bank o f Commerce, $100 each,
W3.000 Chicago Rock Island & Pacific R R. C®. 5 pe
•
cent Bonds, due 1934,
*3,000 Buffalo & Erie RR. Co. 7 per cent Mortgagi
Bonds, due 1898.
O a t s at auctioneers’, 71 and 73 Liberty St.
H. B.—Sales should be received by noon on Frida'
CO receive the benefit o f advertising in this paper.
S T O C K S and B O N D S
A t Auction.
T h e undersigned h old R E G U LA R W EE K LY
AUCTION SALES Of all classes o f
STO C K S AND
ON
A D R IA N
H . M U L L E R & §© K
NO. 1 PIN E STREET. NEW YORK.
l the following bonds and stocks are payable at
the banking house o f Messrs. WINSLOW, LA N IE R
& Co.. No. 17 Nassau Street, New York City, on and
after June 1, 1892.
American Cotton Oil Co.,
Dividend 3 per cent.
Allen County, Ind.,
Gravel Road 6s.
Cincinnati Richmond & Fort W ayne RR. Co.,
First Mortgage 7s. .
Cleveland & Pittsburg R R. Co.,
Dividend 194 per cent.
Grant County, Ind.,
Gravel Road 6s.
Marion County, Ind.,
County 4)£s.
Pittsburg Fort W ayne & Chicago R ’y Co.,
First Mortgage 7s, Series F.
Second Mortgage 7s, Series M.
Pueblo, Col.,
Bridge 6s.
Levee 6s.
Sewer 6s.
JUNE 13.
Tippecanoe County, Ind.,
Court House 5s.
JUNE 16.
Columbia City, Ind,
Municipal 6s.
W hitley Cou- ty, Ind.,
Gravel Road 5s.
$ 1 0 0 ,0 0 0
6 P E R CENT G O L D F U N D IN G B O N D S
B O N D S Cascade County,in Montana,
Interest and Principal payable
New York fHty.
EVERY W EDNESDAY.
Assessed valuation........................................ $12,382,884
D e b t ........ ......................................................
341,301
Population...................................................; ............12,500
Price and particulars on application.
C. H. W H IT E & CO.,
NEW Y O R K ,
72 & 74 B’w ay.
g
P r o p o s a ls fo r the s a le o f D e b e n tu re B on d s
will be received at this office until 12 o ’clock noon on
Tuesday, the 31st day o f May, 1892, when they will
be opened in the presence o f such proposers as may
attend.
The lowest offers, not above one hundred and ten
per cent and accrued Interest will be accepted to the
extent o f $210,000, par value, aud all bonds accepted
will be deliverable and payable on Wednesday, Juno
1,1892, at this office.
B y order o f the Board o f Directors.
JUSTUS E. R A L P H , Treasurer.
N O T IC E .
O O U STO N & T B X »I*C «N T B A L R ’ Y C 9 .
J L W ACO & NORTHW ESTERN DIVISION.
l
The property o f the H ouston & Texas Central
Railway Company, W aeo A Northwestern Division,
having been ordered to be sold under foreclosure by
decree o f the United 6tat«s Circuit Court lo r the
Northern District o f Texas, holders o f the first m ort
gage 7 per cent bonds o f said company are requested
to call at the offices o f any o f the undersigned mem
bers o f the FIRST MORTGAGE BONDHOLDERS*
COMMITTEE fo r the purpose o f protecting their
Interests by signing the bondholders’ agreement.
CHARLES MORAN, 68 William St..
W IL L IA M J. QUINLAN, J<-.
Chemical National Bank o f New York.
H ENRY K. M oH ARG, 40 W all S t,
Committee.
Coffin & Stanton,
HANKERS,
72 B r o a d w a y , N e w
T A C O M A , W A S H .,
M erch a n ts’ Nat» B k . B d g.
Y ork .
The matured Interest on the follow ing Bonds is
payable at our office on and after June 1st, 1892 :
City o f Logansport, Ind ,
Refunding 6 per cents.
City o f Mount Vernon. Ind.,
Refunding 5 per cents.
City o f San Diego, Cal.,School 5 per cents.
County o f Decatur, Ind.,
Court House 6 per cents.
City o f Atlantic. Iowa.
School District 5 per cents.
City o f Jeffersonville, Ind.,
Funding 6 per cents.
County or Butler, Ohio,
Court House 5 per cents.
Ashtabula W ater Supply Co.,
First Mortgage 6 per cen ts-.
City W ater & Light Co., o f Abilene, Kan..
First Mortgage 6 per cents.
Portchester Standard Gas Light Company,
First Mortgage 6 per cents.
ALSO
Bond No. 1, Issue o f Feb. 17,1887, o f W innebago Co.,
Ia., Refunding 5 per cent, with accrued interest
to June 20th.
ls
u il d in g
ork
Coupons due June 1,1892, from the following bonds
will be paid at this office :
Galveston Harrisburg & San Antonio Eastern Div
ision Second Mortgage 7 per cent.
N. T. SMITH, Treasurer.
I
r| H E A M E R IC A N C O TTO N OTL CO.,
I
29 B r o a d w a y , N e w Y o r k . May 23,1892.
TO T H E HOLDERS OF TH E EIGHT P E R CENT
DEBENTURE BONDS OF TH E AMERICAN
COTTON OIL COM PANY:
Pursuant to the provisions o f a resolution o f the
Board o f Directors adouted May 3,1892, The Amer
ican Cotton Oil Company hereby Invites written proosals fo r the sale to it o f $2lo,000, par value, o f its
light Per Cent Debenture Bonds.
Sealed proposals endorsed
TO
IN V E S T O R S .
The Sunflower Land A Manufacturing Co. offers few
sale 90,000 acres o f the finest land in the Mississipp
delta. The soil Is the richest loam—unsurpassed fo r
cotton. It is heavily covered by virgin forest o f the
best quality o f hard-wood timber. It Is all In Sun
flower County, Miss., convenient to river and rail.
The entire body is offered at a price but little In
advanee o f figure at which the timber alone has just
been sold from 16,000 acres o f it. F or particulars
address,
T. B. TR B ZE V A N T , President,
Memphis, Tenn.
Roch ester Railway Co. Stock
Buffalo Railway Co. 5s and Stock.
Milwaukee City RR. ist mortgage 5s.
Quincy Omaha & K. C. Firsts,
st. Louis Salem & Ark. Firsts, guar,
Terre Haute & Indianapolis Consol. 5?.
D E A L T IN B Y
SAMUEL H. BARROWS, 34
N ew
St .
Charles T . W ing & C o .,
BONDS,
18
W ALL
STREET.
NEW
YORK.
F ra n k E . W in g ,
H e n ry A . G la s a io r d .
E d w a rd N. G lbba. S p e c ia l.
B a n k . T r u s t C o ., G u a r a n t e e C o . ,
L i f e a n d F ir e . I n s u r a n c e , G a s , E l e c t r i c
L i g h t , S tre e t R a i l w a y a n d I n d u s t r ia l
S e c u r itie s l o c a l t o N e w a r k
D E A L T IN BV
J.
7
S. R I P P E L ,
C lin to n
S tre e t, N e w a r k , N . J
THE WALL STREET J0 U R > A U
A n invaluable financial d aily: $5 a year. Sample copy
free. DOW . JONES & CO., Publishers, 41 Broad St.
HUNT’S
MERCHANTS’
S R T fik t}}
M AGAZIN E,
fj| fu t!s « ir a p « ,
R E P R E S E N T IN G T H E IN D U S T R I A L A N D C O M M E R C IA L IN T E R E S T S O F T H E
U N IT E D
STATES.
E ntered accord in g to A c t o f Congress, in the year 1892, b y W m . b . D a n a & C o., in the office o f the Librarian o f Congress, W ashington, D. O.J
(¡P h r m t ijc le ,
Terms o f Subscription—Payable in A dvance:
F o r One Y e a r .................................. ..........................................$10 00
For- Six M o n th s ..........................................................................
6 00
E uropean Subscription (including p o sta g e)....................... 12 0 0
European Subscription S ix Months (including p o s ta g e ).
7 00
A nnual Subscription in L ondon (including posta ge) — £ 2 10s.
S ix Mos.
do.
do.
do.
. . . . £ 1 10s.
T he I n v e s t o r s ’ S u p p l e m e n t o f 160 pages is issued every other
m onth, on the last Saturdays o f Jan., March, M ay, July, Sept, and
N ov., and furnished w ithout ex tra charge to all subscribers o f the
C h r o n ic l e .
The St a t e
NO. 1,405.
SATURDAY, MAY 28, 1892.
VOL. 54.
„
,
C i t y S u p p l e m e n t o f 184 pages is also given to every
y e a r ly subscriber o f the C h r o n ic l e .
an d
F ile covers are sold at 50 cents each, and to new subscribers
year one file cover is supplied w ithout ch a rg e ; postage on the same is
18 oents.
Subscriptions w ill b e continued un til definitely ordered stopped
publishers cannot be responsible fo r rem ittances unless m ade b y <
o r P ost Office m oney orders.
increase Salt Lake City leads this week with 61 per cent, and
is followed by Hartford, 49*9 ; Grand Rapids, 38*3 ; Columbus,
33*1, and Washington, 28 7 per cent. Through the courtesy
of the Managers o f the Clearing Houses at Great Falls and
Helena, Montana, the figures for those cities are now included
in our statement.
$
731,309,97!
Sales of—
(1,663.444:
( Stocks. .............shares..
(504.700:
( Cotton................bales..
(Grain............. bushels.. (50,140.675:
(Petroleum,........... bbls.)
(126,000)
1891.
$
654,789,27í
C L E A R IN G H O U SE R E T U R N S .
The following table, made up by telegraph, etc., indi
¿¡hat the total bank clearings of all the clearing houses o
United * States for the week ending to-day, May 28,
been $1,122,6()8,442 against $1,197,651,686 last week and
$888,558,017 the corresponding week last year. The very
heavy increase compared with 1891 in the total for the week
is due to Decoration Day falling in the week of last year.
Week Ending May 28.
CLEARINGS.
1892
1891.
Per Cent.
91,829,162
4.553.800
1,690,115
1,244,761
1,135,864
1,411,64t
1,126,909
733,28)
628,448
T otal New E ngland...
.113,629,057
74,092,177
15,237.055
15,847,288
8,096.335
2,160,602
1.486.828
1,073,693
1,019,488
271,000
T otal M iddle................
Chicago.............................
$
741,500,664
P . Cent.
+2*«
(1,542.774
(-0*2
(428,500 (+61*2)
(62,719.350 (+15*31
(152,000) (-64*8)
+7-7
+24-9
-¡-49*0
+18-7
+14']
—6 2
—2 2
+19-1
—31-8
101.975.14C
6,643,90(
2.324,31!
1,504,34]
1,264,772
1,167,08t
+316,095
891,92!
483,019
+21*9
+11
+12*1
104,363,988
+8-9
116,570,593
+7*9
86,124.096
14.069,021
13.152.771
7,772.931
1,678,408
1,513,577
915,952
831,008
220,000
+12-1
+8-3
+20-5
+4-2
+28*7
—1-8
+17*2
+22-7
+23-2
64,052.768
13,825.311
14.370.89C
8.534.394
2.175,349
1.777,46t)
922,478
879.247
277,800
-3*4
+2*7
+11*9
+11*8
+1-9
+191
+8-8
+10*9
119,284,467
106,277,764
+12-2
108,815,698
+0*9
Grand Rapids..................
L exin gton...................
97.015,972
14,896,900
5,532,815
6,792,122
5.230,580
3,684,400
1,823,973
1,738,167
978,079
423,427
86.565,020
12,564,850
5,462,950
6.892,122
4.546,026
2,768,100
2.134,643
1,620,249
707,264
355,768
+12-1
+18-6
+1-3
+15-3
+15-1
+33*1
—14*6
+7-3
+38-3
+ 19 0
99,735,401
13,817,600
6,627.580
6.800.000
5.474,323
3.800,005
2.184,379
2.091.730
994,617
463,021
+8*4
+3-9
+11*6
+41
+10-8
+18*5
—13-1
+25-3
-t-28'5
—5*9
138,116,435
122,616,992
+12-6
141,988,651
San Francisco..................
13,397,672
1.900,198
1,916,851
987,186
710,147
574,682
239,086
767,213
15,313,504
2.055,784
1.190,571
1.000.299
897,235
598,300
233,921
-12-5
—7-6
+61-0
-1*3
—20-9
—3-9
+2 2
19,725,820
21,289,614
—7*4
23,123,243
-5*9
8,635,574
6.805,709
4.596,764
4.673,976
6.240,098
1.632,857
1.515,997
823,529
940,067
615,467
496,982
350,645
7.833,149
6,050,929
4.437,100
4.406,701
4.548,020
2.037.314
1.311.108
1.102,287
976,229
422,956
536,837
360,735
+10-2
+12-5
+3-6
+61
+15-3
-24-8
+15-6
—25*3
—3-7
+21-9
—7*4
—2 8
9,000,278
9.110.596
+664,027
5,330,376
4,966,470
2.272,447
1,643,461
1.035,993
1,048,836
590.505
662,547
380,977
-0*7
+41*7
+4*8
+39*8
+2*8
+16*4
+32*9
+2*7
+5*7
+0*3
+11*7
+4*4
T otal Other W estern..
36,127,665
34,023,365
+6-2
41,536,513
+15*9
St. L ou is..........................
20.665,630
7.555.942
7.559,138
2.456,200
2.485,133
1.692,102
1.361.532
1.817.978
947,249
850,000
654,761
20.464,847
7.731.937
6,629,592
1.950.281
2.393,131
2.009,589
1.337,095
2.415,340
959,065
758,709
636,992
589.428
601,758
471,000
+1*0
—2-3
+14*0
+25-9
+38
—15*8
+0-3
—24-7
-1 -2
+ 12 0
-1 2 9
+15 7
-42-4
+27
22.868.114
8.390.417
7.981.375
2,382,891
2,300,00u
2.00O.0U0
+373,609
+92+613
9uC,000
942,397
589,681
506,240
334,834
501,243
+300,626
+338,347
+6*4
—8-0
+3*7
—13*8
-8 1
—5*0
—1*6
—20*4
—11-2
+1*7
+1*6
—22*0
-40*9
+18-5
48,968,746
+10
52,993,414
—1*3
1,197,651,688 1,092,319,742
476,341,707 437,530,469
+ 9 6 .,224,528,776
+3*6
-i 8-9
483,028,112
+5-1
+15-0
-13-3
12,211,752
1,059.663
6,418.021
698.943
+12*4
—4*5
B oston..............................
Providence......................
H artford..........................
New H a ven .....................
Springfield.......................
Portland...........................
W ashington....................
R ochester........................
D etroit..............................
Cleveland.........................
Columbus.........................
Salt Lake C ity................
+14-1
+10 9
Los A ngeles.....................
+20-9
+4-5
+8-1
T otal P acific................
+5*0
Kansas C ity.....................
-8 - 7 Minneapolis.....................
+ 1 3 ’1
+12*1 D enver..............................
N ew Y o r k ...................................
B oston ......... ................ ...... . . . __
P h ila d e lp h ia .............................
B a lt im o r e .......... ...... ................
■ C h ic a g o ......................... ..
S t. L ou is..................... ................
N e w O r le a n s ____________ _
$551,083,556
78,649,262
60,127,469
11,073,181
77,584,000
16,915,567
5,770,060
$483,235,089
70,931,211
49,725,801
10,592,718
71,747,000
16,106,854
6,317,380
Seven cities, 5 d a y s ...........
O th e r cities, 5 days__________
$801,203,115
134,402,911
$708,656,053
119,901,964
T otal all cities, 5 d a y s .....
A ll oities, 1 day______________
$935,606,026
187,002,416
$828,558,017
10,000,000
+12*9
+1,770*0
T otal all cities fo r w e e k ...
$1,122,608,442
$838,568,017
+33-9
The full details o f clearings for the week covered by the
above statement will be given next Saturday. W e cannot, of
course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, as we go to press Friday night. Below
are our usual detailed figures for the previous week, that is
covering the returns for the period ending with Saturday
noon May 21, with the comparative totals in 1891.
The aggregate clearings exhibit a decrease from the previous
week of twenty-seven millions of dollars, of which twenty
millions is at New York and ascribable to the operations of
the New York Stock Exchange Clearing House. In fact the
diminution in exchanges consequent upon these operations
has been of larger amount than the falling off noted above.
•Stock speculation has been slightly more active than during
the week ending May 14.
Contrasted with the same week of 1891 the week’s exchanges
record an increase of 9-6 per cent, the New York figures
•exhibiting an excess of 10*2 per cent, while for the remainder
o f the country the increase reaches 8*9 per cent. In ratio of
+10*í
1892.
T otal Middle W estem .
1 0 2 W illia m S tre e t, N E W Y O R K .
P o s t O f f i c e B o x 958.
Returns by Telegraph.
New B edford,..................
98,906,785
5.685,70(
2.534.432
1.477.367
1.296.22Í
1,323,665
1.102.544
873,705
428,633
W ilm ington....................
Binghamton.....................
Three M onths (13 tim e s )..5
Six Months
(26 “
) ..
T w elve M onths (52 “
) ..
A g en ts:
I s . each.
WILLIAM B. DANA.)
JOHN G. FLOYD.
¿
P. Cent
(1,706,527
(—2-5
(214.400 (+135-4)
(64,728,275 (-22-5
(584,000) (-78-4)
Philadelphia...................
Pittsburg..........................
Baltim ore.........................
Terms o f Advertising—(P er inch space).
One tim e .................................. $3 50
One M onth
(¿ t im e s ) .. 1 1 0 0
T w o M onths
(8 “
) . 18 00
L ondon
Week E nd’ o May 14
Week Ending May 21.
1892.
St. Joseph........................
T o p e k a ..........................
R ichm ond........................
Fort W orth .....................
Atlanta*...........................
¿46,339
48l,000
1,579,916
1,289,731
T otal Southern...........
49,458,263
Chattanooga....................
Outside New Y o rk ........
Montreal*.........................
H alifax*...........................
H am ilton*........................
* Not included in totals.
10,557,839
1,050,000
5,632,Ufe
808,019
9,181,299
1,211,105
+8*»
+3*4
+14*2
+4*9
+9-0
—1-1
+4*0
+8*1
15,943,293
-15*3
1,962.479
+9*7
1,665,140
+26*5
+937,527 +100-*
850,000
-12*8
764,804
+9*7
•• •
•
THE CHRONICLE.
866
THE
STATE AW® CITY DEPARTMENT.
Sec p ag es « 9 7 , 8 9 8 , 8 9 9 a n d 9 0 0 for our State
and City Department.
All advertisements with relation to State and City Bonds
will likewise be found on the same and following pages.
TH E F IN A N C IA L SIT U A TIO N .
[V o l.
L lV .
now on a restricted basis (as it always is at this season
of the year) and imports are large. Whenever therefore
these lovers of silver choose by their action to check
confidence and consequently European buying of our
securities, an outflow of gold is a natural result. A
month ago (April 30th, pages 702, &c.) we wrote
with respect to gold exports, of which at that
time there had been a renewal, causing quite a little
flutter in financial circles.
A fact of some mo
ment connected with the shipments theü, was that
our merchandise imports for March made public
the same week proved to be abnormally large, reaching
$86,549,338,— that is $21,165,516 in excess of Febru
ary, the previous month, $8,914,502 in excess of March
1891, and indeed considerably in excess of any single
month within our record. This was a noteworthy
feature, because if the import movement of merchan
dise was to continue on the same expanded scale the
gold shipments were likely to continue and be large
also,, for then Europe had not begun its purchases of our
securities. It will be remembered, however, that in our
article we explained through some additional returnsof coffee imports obtained from Mr. Brock, of the
Bureau o f Statistics, and from an examination o f
the coffee market, that the feature which was
so prominent and which had attracted so much
attention
was a special
matter
due to
a
special speculation in coffee induced by the President's
“ Reciprocity Proclamations." Our couclusion then,
was that as the coffee speculation appeared to have run
its course and broken “ after April that product would
“ no longer be a disturbing element." We refer tothis matter to-day because the current week the Glovernment has issued one month's later trade figures—
those for April— and they show that the imports for
March were simply a special irregularity to disappear
gradually in subsequent returns. It seems that the
April imports, though still large, were only $76,293,311, or just about 10 million dollars less than the
$86,571,313 in March. We have also procured the
coffee figures for April from the Bureau of Statisticsand give them ia the statement subjoined.
The past week is conspicuous for a clearing up of
several of the disturbing conditions which were in con
trol last Saturday. Chief of these were the clouds
which hung over so large a part of our agricultural
sections with the accompanying rains and floods and
rumors of destruction to crops and railroads. Now
that the sun has appeared again the actual harm done
in the West and Northwest is found to be quite lo ca l;
none of the railroads are ruined, and in fact, judging
from the earnings coming in, the extent of country
much affected by the storms must have been widely
exaggerated. With reference to the crops, to-day's re
port's would indicate that a wheat and corn and even a
cotton yield of fair dimensions is still probable. All
this only shows that our conclusion on this head last
Week was if anything too moderate when we said that
the “ promises even then were for good supplies of our
products" and that “ with the old surpluses and these
new additions the railroads were likely to get * * all
that kind of traffic they would need."
Affairs of a complicated nature in quite a different
direction also seem to be very hopefully pointing
towards a substantial clearing u p ; in this case it is
another kind of a cloud, but a cloud nevertheless which
has long hung over our market in a very threatening
way. We have reference to Richmond Terminal
affairs over which with earnest efforts and the united
good wishes of the entire community quite a number
of reputable men have long been laboring.
It
is perhaps no surprise that they have failed
to
inspire
public
confidence in their plans,
for the effort made has been reformation from within
and hence reform has been sought without removing
,—Imports o f Coffee.—* r-Total Mdse. Imports.—
\
1892.
1891.
1892.
1891.
the cause of the embarrassments. When a ship gets
$8,658,662 $62,719,550 $62,800,668
overloaded we lighten it by throwing overboard part of January.. $8,808,446
February.. 10,982,179*
7,975,858
65,383,822
65,979,569
the cargo. The heroic treatment seems equally neces
M a r c h .... 16,691,387
7,925,405
86,571,313
77,634,836;
sary in this case, and perhaps the remedy should be April_____ 16,193,162
15,423,665
76,293,311
81,275,106
of a like character. At all events, if these properties
T o ta l...$52,670,174 $39,983,585 $290,967,996. $287,190,174:
are to be saved, independent outside judgment is first
It. will be noted that the arrivals-of ooffèe continued
of all essential and next to that, or perhaps we should
say almost more than that, the reorganization should j in April, as we assumed! they would, the valuesbe put into the hands of men whose opinions and being very nearly as high as in March,, but quantities
results will be wise and prudent and will be accepted as were considerably less, being 74,795,760 lbs> in April
pre-eminently unprejudiced, conservative and honest against 83,355,854 lbs. in Maroh. Consequently the
whatever may be proposed. It is therefore a very falling off in the value offthe imports noted above was
hopeful sign that the Messrs. Drexel, Morgan & Co. due to a contraction in the arrivals of merchandise*
have been asked to take charge of these Termiral mat other than coffee, chief among which was probably
ters, and it is a very reassuring circumstance that they sugar. As the exports in April were only $76,117,701,! the state of our foreign trade we may assume is now
have definitely decided to accept the trust.
Yesterday our market was disturbed by the action in ‘ such that it is easy to start gold; shipments on any
the Senate Thursday on the silver question. London ; recurring cessation of the purchases of our securities.
There has been no new feature in the market f o r
now- a-day s “ takes to the woods" on every new suggestion
of free coinage. Of course we all know here of hew |money this week. Loans have been freely made as low
little significance as a step towards that end the action as 1 per cent and in comparatively small amounts at 2,.
on Thursday was. It was sufficient however to lead to making the average about 1£. Renewals have been at
the selling of securities on European account, to an ad 1^ and at 2 per cent, and banks and trust companies
quote 2 per cent as the minimum. There is an abund
vance in sterling exchange, and to a renewal of rumors •
o f gold shipments next week. Moderate shipments are ance of money offering on time and only a fair de
quite probable, because our merchandise export trade is mand ; rates on good mixed collatéral are 2 per cenfc
May 28, 1892.]
THE CHRONICLE.
857
for thirty to sixty days ; 2 f per cent for ninety days; net results for the month has been comparatively trif
3 per cent for four to five months ; 3£ per cent for six ling. In the case of the Coal & Iron Company, how
to seven months, and 4 per cent for all the year. Com ever, the gain reaches much larger proportions. Thus
mercial paper is in good supply, but offerings are the gross receipts of that company have increased as
promptly taken and there is no accumulation of names; much as $324,607, indicating enlarged sales of coal
rates are 3 per cent for sixty to ninety-day endorsed and doubtless also higher prices. As is usual and nat
bills receivable, 3£ to 4 per cent for four months’ com ural, this increase has been attended by a decided aug
mission house names and 4 to 5 per cent for good single mentation in expenses, and yet after allowing for this,
names having from four to six months to run. The net results are $56,959 better than in April last year—
bank return of last week showed that five of the that is to say, the loss from mining in the month.this
larger banks held $5,857,800 out of the 119,555,975 year is only $23,505, against a loss of $80,464 in
the same month in 1891. * For the five months
surplus reserve reported by all the institutions.
In Europe money also continues abundant, and of the fiscal year from December 1 to April 30
this week the Bank of Belgium has reduced its rate of there is an improvement in the net results of the
discount to 2£ from 3 per cent. The cable notes the Coal & Iron Company (after allowing for fixed charges)
fact that the reduction by the Bank of France, an of $344,135. Or to put it in another way, the deficit
nounced in this column last week, was the first change below charges which for the five months last year was
since February 1889, and that the rate has been $651,120, is this year only $306,985. On the Railroad
changed only eight times in ten years. It was expected Company the showing for that period is even better.
that the Bank of Berlin would reduce its rate this Thus gross receipts from traffic for the five months have
week but it remains unchanged. The cable reports increased $888,701 and net receipts have increased
discounts of sixty to ninety day bank bills in London $546,832, while miscellaneous income shows a further
£ of 1 per cent. At Paris the open market rate is increase of $19,886. As against this, the only deduc
1 per ce n t; at Berlin it is I f per cen t; and at Frank tion is an augmentation of $66,153 in fixed charges for
fort 1£ per cent. The Bank of England gained £488, - the five months.
As is known, the Reading now controls also the
000 bullion during the week; this, as we are advised
by special cable to us, was due to the import of £247,000 Central of New Jersey and the Lehigh Valley. The
•from Australia and u bought,” and to receipts of £241,- Central used to furnish regular monthly returns of
earnings, but since the change in control these have
000 from the interior of Great Britain.
Foreign exchange has been dull and without impor been discontinued, and nothing has been known
tant change this week, until yesterday, the tone grow as to the course of its earnings for the current
ing firmer however toward the close of the week by rea year. The Reading management, however, seem to
son of an improvement in the demand and a bare market be disposed to furnish the information, and along with
:for bills ; yesterday there was an advance to 4 ,87£ for the Reading’s own statement this time there has come
long and 4*89 for short by Brown Bros. The operations a brief memorandum relating to the Central and the
o f the arbitrage houses in the stock market have just Lehigh Valley. This memorandum states that for the
«bout balanced, and therefore they have had little in four months ending April 30 the operations ©f the
fluence on the market. Bates opened on Monday at Jersey Central show an increase in net earnings of
4 -87 to 4 ’87£ for long and 4*88^ to 4 ’89 for short, being $141,227, or about 8^- per cent. “ At this rate,” the
unchanged compared with the previous Friday, Bar statement goes on to say, “ the net earnings for the
ing, Magoun & Co. on that day reduced sixty day to “ year will be sufficient to pay the 7 per cent guaran4*87 and sight to 4*88^, and there was no further alter “ teed by the Reading and give the Reading 'from
In regard to the
ation until Thursday when this house advanced the “ $300,000 to $500,000 profit.”
long rate to 4*87£, leaving the short unchanged. Yes Lehigh Valley it is declared impossible to supply the
terday, as stated, Brown Bros, advanced long to 4*87£ figures to date, as because of the transfer of the prop
and short to 4*89. The market closed firm with nominal erty and the change in the system of accounts the
rates 4*87 to 4'87-J for 60-day and 4*88£@4-89 for sight. bookkeepers are £0 far behind that even an approxi
“ But it is fully
^Quotations for actual business for sterling were 4'86£ mate estimate cannot be given.
to 4 ’87 for long, 4*88 to 4*88£ for short, 4*88£ to 4 ‘88£ “ expected that the showing will be as good, if not
for cable transfers, 4*86 to 4*86£ for prime and 4*85^ “ better, than the Jersey Central’s.” From figures
obtained by ourselves from the Lehigh Valley officials
to 4*85£ for documentary commercial bills.
Three large companies, namely the Pennsylvania, and published last week, we can state that for the three
the St. Paul and the Philadelphia & Reading, have months to March 31 net earnings of the Lehigh Valley
published their statements of earnings for April this increased $268,676 over those for the corresponding
week, and all three statements are favorable. To be three months of last year.
The Pennsylvania Railroad return for April presents
sure, the Reading does not show such large gains as had
■been predicted in newspaper reports, but at any rate very satisfactory comparisons. This is particularly true
there is improvement over the same month last year, as regards the gross earnings, where there is an increase
and for the fiscal year to date the increase as compared of $367,727 on the Eastern lines and an increase of
with the corresponding period of 1890-91 is very de $453,711 on the lines west of Pittsburg and Erie, or
cided. Taking the results for the Railroad Company $821,438 together. Of course, last year the road suffered
first, gross receipts from traffic are $1,701,441 for A pril; from short crops, a diminished grain tonnage, and the
¡1892,against $1,610,326 for April 1891, being an increase! Connellsville coke strike, and earnings then fell off, but
o f $91,115. The net earnings stand at $688,767 the falling off was really much smaller thap had been ex
against $686,455, being an increase of only $2,312. In pected. Moreover, the conditions the present year were
the net income from other sources there was an increase by no means all favorable; the iron industry for instance,
of $15,257, but on the other hand the fixed charges were l which plays an important part in affecting the road’s
$13,231 heavier than in April 1891. As far as the traffic, has been in a sta^e of great depression. Under
Railroad Company is concerned, therefore, the gain in the circumstances, the large increase in earnings must
THE CHRONICLE.
868
be regarded as very noteworthy. In the case of the
Western lines^ the increase of $453,711 in gross receipts
has been accompanied by an even heavier increase in
expenses, so that there is a loss in net of $42,504.. This
increase in expenses, however, does not seem to possess
any special significance, in view of the fact that last
year in this month there had been an almost equally
heavy reduction in the expenses. On the lines east of
Pittsburg, the increase of $367,727 in gross is attended
by an augmentation of only $238,139 in expenses, leav
ing a gain of $129,588 in net. The following is a com
parison of the gross and net of the Eastern lines for
a series of years, both for the month and four months.
L in e s e a st of
PlTTSBUBG.
1802.
1891.
1890.
1889.
1888.
1887.
1,738,122 1,608,534 1,687,771 1,686,598 1,552,619 1,350,883
Jan. 1 to April 30.
Gross earnings...... 21,423,372 20,649,504 21,083,474 18,778,408 17,760,040 16,593,826
Operat’g expenses. 15,394,491 14,717,357 15,047,255 13,030,472 12,348,606 11,212,495
Net earnings... 6.028,881 5,932,147 6,036,219 5,747,986 5,407,434 5,381,331
It will be observed that for the four months these East
ern lines record a gain of $773,868 in gross earnings
over last year and a gain of $96,734 in net earnings.
On the Western lines it is proper to say there has been
an increase of $1,947,335 in gross and of $519,333 in
net.
As regards the Milwaukee & St. Paul there is a gain
in gross for the month of $322,456 and in net of $101,650. For the ten months of the fiscal year from the
first of last July, this company has enlarged its gross
earnings $4,188,049 and its net earnings $2,183,492.
A few other roads have furnished returns for April this
week. Tlje Erie has added $261,203 to its gross
and $75,045 to its net.
The Chesapeake & Ohio
for that month reports a gain of $1,828 in gross and a
gain of $15,223 in net. The Northern Central shows
only a trifling change in gross and a decrease of $35,961
in net. The San Francisco & North Pacific has
gross of $64,585 against $62,794, and net of $17,490
against $18,586.
The stock market this week has reflected the change
in general conditions, and some recovery from the de
pression of last week has taken place. The develop
ments of the week have been nearly all favorable to
better prices. In the first place, the rain in the West
has ceased, leading to a subsidence of the floods and im
proving the crop outlook. Then the Atchison bond
conversion scheme has been favorably received, and has
led to an advance in the price of the incomes. The
anthracite coal companies have agreed to make an ad
vance in the price of coal. The trunk lines, at a meet
ing on Tuesday, voted to restore east-bound rates from
Chicago to the seaboard on sixth-clacs freight, which
had previously been reduced. The advance is to be
from the present basis of 20 cents per 100 lbs.
to the basis of 25 cents on all except grain
and its products, and on these the advance
is to be to only 22| cents per 100 lbs. The
good statements of earnings furnished by the Pennsyl
vania and other roads have of course also been a
favoring factor. Most important of all, perhaps,
the
Richmond
Terminal reorganization is to
be undertaken by Messrs. Drexel, Morgan & Co.
We have remarked upon this happy prospect above. It
seems almost impossible to exaggerate the far-reaching
beneficial influence to result from putting the under
taking in such hands, and the mere announcement
that the firm had been requested to take hold of ther
work was sufficient to impart an upward movement tothe market quotations of the company’s securities. The
demand for bonds continues active, and the $10,000,000
4£ per cents of the Pittsburg Cincinnati Chicago &
St. Louis offered for subscription were quickly taken,,
the books being open only a very short time. The
market yesterday was irregular— weak in the morning,
slightly better in the afternoon.
The following gives the week’s movements of money
to and from the interior by the New York banks.
Received by Shipped by
N .Y. Bank». N. Y. Banks.
Week Uncling May 27, 1892.
S old
N et Interior
Movement.
$4,122,000 $1,194,000 Gain.$2,528,000
400,000150,000 Gain. 250,000
* _______________ „ ______
T otal gold and le g a l te n d e r s ....
3
$
3
3
April.
3
$
Cross earnings...... 5,746,730 5,379,008 5,619,357 5,032,370 4,650,045 4,342,834
Operat’g expenses. 4,008,608 3,770,469 3,931,686 3,345,772 3,097,486 8,991,951
Net earnings...
V ol. LIV.
$4,522,000
$1,744,000 Gain,$2,778,09$
Result with Sub-Treasury operations.
Week Unding May 27,1802.
In to
Banke.
Baaks*interior m ovem ent, as above
$4,522,000
14,600,000
Out Of
Bank».
N et Change in
Bank Holdings.
$1,744,000 Gain.$2,778,000
13,600,000 Gain 1,000,000
T otal gold and le g a l t e n d e r s ___ $19,122,000 $15,S44,000lGain $3,778,000
Bullion holdings of European banks.
May 26, 1892.
Bank of
Silver.
Bold.
&
Bngland......... 85,667,871
fra n co........... 61,924,814
37,246,500
Germany___
5,964,929
A.nst.-Hnn’y.
2,208,006
Netherlands..
Nat. B ’lginm . 2,839,333
&
51,644,218
12,415,500
16,559,000
6,691,000
1,419)667
May 28, 1891.
Total.
Gold.
Silver.
Total.
£
£
£
£
25,667,871 24,267,309
24,287,30»
113,639,032 51.542.000 50.724.000 102,266,000
49.662.000 30.404.000 15.202.000 45,606,000
22.523.000 6.405.000 16.462.000 *1,867,000
9,894,000 3.900.000 5.624.000 9.524.006
4,259,060 2.980.000 1.490.000 4.470.006
Tot.thU week 136,916,518 88,729,385 225,644,903 118,498,309 89,502,000 808,000,30»
T »t.p re T .w ’k 134,582,016 38,361,468 222,893,481 115.697,902 80,278,687 201,976,56»
TAX
ON
C IR C U L A T IO N — A
FU RTH ER
IN Q U IR Y TO U CH IN G IT S R E P E A L .
We are gratified to find that the suggestions we
made two weeks since with respect to repealing the tax
on circulation have elicited discussion. No difference
of opinion ha3 been expressed or can exist with refer
ence to the need of currency reform, and no hope of
reaching a wise method can be had except through dis
cussion, and discussion too which shall not be object
less, but be aimed at an idea definite enough in its
nature to help evoke some new system, at least in out
line. It is for this reason gratifying that a thought
a little off the line along which our people have
been schooled to look for a solution of their difficulties,
has moved so many of those who have worried most
over the.currency problem to kindly and fairly consider
our suggestions, though in some measure opposing aswell as in some measure approving the views we
expressed.
Naturally enough a first objection and the most serious,
which has been urged, because so widely held, arises
out of an admiration for the bank-note device which
now exists. This position moreover is wholly reason
able, for those notes have not only a long record but a
record in the one particular of safety that the advocates
of any system could not hope to excel. No holder of
that currency has ever suffered the loss of a dollar by
reason of the failure of a national bank ; and, what is
almost more important than that, has not suffered even
in the case of an insolvent institution from the interrup
tion of a moment of time in the full purchasing power of
one of the notes. So that thosq who seek through, the cur
rency privileges of a bank the issue of “ perfectly good,
money,” in the sense of perfectly secured money, have
had in the past through the national banks all they could
desire. From this point of view then it is no surprise
Ma y 28, 1892.]
THE CHRONICLE.
861*
that the note system of those institutions is held in tion of our bank note displaced and the device dead ?
high esteem. Indeed we consider that the National Its creation, it is true, was almost an inspiration, for i t
Bank Act as a device for absorbing Government bonds, fitted the requirements of the day as cleverly as if it had
improving the national credit, and furnishing a cur been born out of them and not made for them. But now
rency adapted to the times, was the most wonderful that the chance of rehabilitating the old note has with
conception during the war. Still it was born of an the old circumstances passed out of existence, and the
emergency, and although it suited and served that country has become possessed of a commerce not even
emergency not only admirably, but marvelously well, dreamt of then, with essentially different surroundings
the questions to-day for practical men engaged in this and requirements in all respects, there can at least be
discussion, as we think every one will admit, are (1), no sentimental influence driving or even drawing the
can the currency function as it has so long existed be people towards the National Government for a bank
reproduced, and (2) if it can be, would its restoration note currency. Hence we are brought face to face
be desirable.
with the simple question, whether in this new era and
A t least one feature of the National Bank note, under these new circumstances it is better to educate
and that the one to which it mainly owes its the public to look to the Federal Government for its
popularity, both the Evening Post and the New currency or to look to the States.
York Times (although neither authority is willing
Before, however, leaving this branch of our subject,
to give up the old national system) clearly ad we would add a single thought more for those who still,
mit cannot be replaced. The Times of May 18th asserts cling to the fancy that a perpetual 2 per cent Govern
that it has been demonstrated “ that no form of na ment bond is among the possibilities of the future as a
tional currency based on the security of national bonds basis for a lasting bank issue. For there are a few such,
is practicable in this country for lasting use.” Says hopeful souls, and they are among our best and most
the Post of May 17th: “ The project of creating a per conservative people too. We do not intend to go over
manent national debt in order to furnish a basis for the whole broad subject, weighing the political proba
bank notes is impossible politically and inadmissible bilities of such an arrangement, for that would delay ua
financially.” We think we are warranted in saying too long, and after all is so indefinite an issue that it
that the words quoted above represent the view held by admits of no absolute proof; but we desire to ask thosn
almost every one who has reflected much on the point who favor the plan what advantage in their estimation
referred to or studied public opinion with reference to it would be to the Government, to the banks or to the
the matter. Grant that, and is not a chief character people, if it should become the settled policy of the
istic of the old note gone? Assuredly it is impracticable country for the banks to purchase Government bonds to
to make the Government itself responsible for bank put underneath their currency issues, paying for them,,
note issues in face of a public opinion which does not as now, par and a fraction in gold or in something
admit of continuing Government bonds. That form of that could at once be turned into gold. To buy the
extending national credit would be less popular and in bonds the banks must thus part with the best cur
principle even more objectionable. The only refuge rency in the world, in fact the basis of all currency..
left, then, would be to employ some other bond or some Remember too that this purchase of a bond bearing 2
other form of security. State bonds, railroad bonds, per cent interest is to be a policy to be adopted, if at
and city bonds are the only classes of obligations which all, not that the banks may help the Government but
will ever be in sufficient supply to fill such a demand. that the Government may help the banks. Why then,
Each class has heretofore been suggested and now has need any bond appear in the transaction ? Why would
advocates as a substitute. But is it probable that any it not be better every way for the Government, for
body of men who have regard for good government, to the people, and for the bank, if the Government wern
say nothing about a safe currency, would advocate that to pay annually the 2 per cent to each bank, requiring
Congress assume the duty of determining what State it to hold the gold and issue the full amount of it in
bonds, what railroad bonds, and what city bonds should currency ? Put in that form the proposal seems to ha
be selected as security for the notes and what rejected? a little absurd, we will adm it; but does it not represent
We will not detain the reader to enlarge upon this fairly the Government's position and the bank's posi
branch of our subject, for there are so many and such tion under a policy of a perpetual bond issue as a
glaring objections to the policy in question that they currency basis ?
do not need mentioning. All we will say is, that if
We have perhaps dwelt too long on this point, but
the country be really reduced to that kind of security we felt it important to establish clearly that the Nafor its paper money, the wish of a large majority in the tional Bank note, with any kind of a bond security
East, as well as the South and West, must undoubt back of it, was an instrument of exchange which had
edly be to leave the selections to the State legislatures had its day and could never exist again. As a result o f
to make and not to Congress.
what has been said there appears, so far as we can see,
In the light of this situation and of these conditions no escape from the conclusion that the only method in
do we not find ourselves confronted with the fact that which a new National system]can be secured and organ
our National Bank note system has broken down at ized is under some such arrangement as that which two
what has been considered to be its strongest point ? weeks ago we proposed Congress should adopt for the
With United States bonds not available, with the control of State issues.
Consequently the question
supply of State bonds small and decreasing, with rail presented has little reference to the character of these
road and municipal bonds obviously unsuitable, while institutions, but is reduced substantially to this
adding a most corrupting temptation to Congress if the simple alternative— shall the country have Gov
choice between the railroad and city issues be left to ernment banks
for note issues hereafter or
its decision— with such conditions ruling, a National shall it have
State banks and local issues ?
Bank currency secured by a bond issue is so far as we Assuming such to be the character of the problem be
can discover wholly out of the question. If that be fore us, and that the currency supplied from these twa
true, is not the principle which was the very founda- sources would be equally safe and convertible, we must
CHRONICLE
admit that we would greatly prefer State instead of
national issues of paper notes. Have we not endured
enough, and have not industrial interests suffered
enough from a central power, a central disturbing
power for our currency, to make us willing, and may
we not say desirous, to secure relief? It may be
claimed that there has been no disturbance of our bank
note system. That claim, if made, is, we think, a mis
take. Legislation hostile to the banks has been effected
several times, and on one occasion at least we remem
ber when such legislation disturbed the money market
materially ; besides, the rapid decline in the volume of
■outstanding bank notes during recent years has been
due to the antagonistic attitude of Congress. But even
if there was not anything in the history of the system
of this kind to recall, is it not time to begin to teach
the people that the Government is not a currency
machine? Ever since the Greenbacks were created this
looking to national legislation as the source of what is
called money has been developing. During the war the
need is supposed to have justified the plans adopted ;
but in recent years, though no necessity can be urged,
the idea has had a much ranker growth. This frenzy
(for it has got to be such now) must be abated some
time and somehow. In that endeavor a State bank
note system would serve as a useful and an impressive
lesson.
A few more words seem to be desirable, judging from
the nature of some of the criticisms offered. They
have reference to that part of this inquiry—and an
important part as we think— which we treated quite
at length two weeks since. We refer to the advantages
derived by interior localities from local State issue;
and the greater need which exists for them in such a
vast country as this. Having no legal-tender features
and being, more nearly than any note we have, the
creature and instrument of commerce, their tendency
towards the point of issue would greatly add to the:r
utility, keeping them more readily responsive to crop
demands and other local commercial needs. Our
existing bank notes, our silver certificates and our
greenbacks possess, as we stated, prerogatives which
help to force them away from the country districts
and to induce their accumulation at the great financial
centres when out of use. The Times takes issue with
us on this point. It does not apparently think that
these local note: would be any more subservient to
local wants than the paper money we now'have is, and
that it is not desirable they should be. If the issues of
the State banks are “ perfectly good,” it says, “ they will
tend, as every sort of thoroughly good money always does
tend, to go where they can earn the greatest profit for thei
owners, and if that can be had in New York or Chicago
it will be sought there. The currency will only return
to the outlying States when the need for it is such thaf
it can there earn more than elsewhere.” We cannot
quite agree with these statements, if we understand
them. ■Capital, no doubt, will go where it can secure
the highest return, but bank notes are not capital, and
are really more or less disturbing, unless through re
demption the quantity is made adjustable to the work
it has to do.
In our view paper money never can be “ perfectly
good money,” for it is not the thing itself, but its rep
resentative, and must in a greater or less degree, but
in some degree, partake of the instability which
attaches to the thing it represents. Of course a bank
note,with a United States Government bond as its guar
antor, with notes only issued to 90 per cent of t’ e
fVoi., L V
face of the bond, and with United States credit
as high as it now stands, is about as “ perfect paper
money ” as could be made. Remember though that it
has in some measure grown into that character by the
appreciation of the bonds and the appreciation of the
Government's credit, and that it did not possess the
character as fully as now at the inception of the system.
Furthermore there is no reason why we should ever ex
pect to have again a bank note with an obligation of so
high a class supporting its credit. But even with such
superior advantages, our national bank issue is a credit
note all the same and never would have gained a kind
of permanent lodgment away from home had it not
possessed its legal-tender function and further had not
all issues of it been alike on their face, or so nearly
alike that they could not be “ sorted” for redemption.
During the later years of their abundance when the
latter feature was changed and redemption was other
wise facilitated their return to the issuers became
actively operative notwithstanding the note was still
weighted with the legal-tender feature.
In these last remarks what we mea*t two weeks ago
by local issues having a tendency towards the issuer
becomes perhaps clearer. We did not mean that a note
issued in Topeka, Kansas, would never be found in
Kansas City or Chicago or New York. How far a
Topeka issue would wander away from home would
depend in a good degree upon how secure and readily
convertible a paper note the State of Kansas contrived ;
in other words, the note's increased credit and currency
would be the premium commerce would pay a secure
device; that is to say, that would be the inducement
held out by commerce for making the better system.
Herein, too, we have an assurance that lifting the tax
could not open the way for the return of the worthless
stuff which obtained currency in a past era.
No
method or power could bring back the conditions which
gave rise to and permitted that experience. For the
commerce of to-day would show and enforce discrimina
tion—it would not tolerate but detect and reject the
sham, and if left to itself not only encourage but gradu
ally build up the most perfect and responsive note
system the country has ever had. But because we say
the new note might wander beyond K'tnsas even to New
York, no one will understand that it would not have a
strong homeward tendency. Its character would not
be changed ; it would be credit money all the time.
And as surely and unerringly as the return of the blood
to the heart to renew its life-giving qualities, would the
note come back and go through the issuer’s vaults to
re-invigorate its credit by keeping alive the reality of its
convertibility.
A T C H IS O N
IN C O M E
BOND
CO N V E R SIO N .
We think it will be admitted that any plan which
proposes the substitution of a fixed, obligatory charge
for one only conditional or contingent, is deserving of
very careful, even critical, examination. A step of
that kind should not, and we may assume would not, be
lightly entered upon or except upon strong and substan
tial grounds. We need hardly say that in the Atchison
case there are special reasons suggesting caution and
deliberation, since the issue to be dealt with is so large—
the amount of the incomes being $80,000,000— and
since also the period of the company's reorganization,
compelled by financial difficulties, is not yet very
remote, the now famous reorganization plan dating
back less than three years. The proposition submitted
Ma
t
28, 1892. ]
THE CHRONICLE.
therefore, to find justification and approval, must be
shown to be clearly necessary, t© possess undoubted ad
vantages, and to be at the same time fully warranted
by the circumstances and conditions of the company,
and without probable menace to its welfare. It ap
pears to us that the plan meets these requirements,
while containing some other strong points.
As to the necessity ©f the action there can be no two
opinions. The necessity arises out of the fact that con
stant outlays for additions to property and plant are
necessary, that for this purpose large yearly supplies of
money are required, and that the income bonds, as
they now exist, stand in the way of getting this money
except by appropriation from current earnings. In the
United States considerable expenditures for new prop
erty and equipment each year are absolutely essential
— essential because needed to meet competition, to sat
isfy public demands, and to operate the roads to the
best advantage and at a minimum of cost. People in
Europe do not always understand or appreciate this
need for neW capital on roads in this country. They
make the mistake of comparing their roads, which ex
ist in comparatively finished condition and stand at a
high average of cost, with our roads, which are never
finished and which at the outset are always built at a
very low average of cost— the outlay being in most
cases only sufficient to provide a single-track road,
with just enough equipment and real estate to
answer immediate current requirements. The reason
for the difference is perfectly obvious. The United
States is a new country and most of our roads
run through sparsely-settled districts, where the
supply of traffic and business is necessarily limited at
the beginning. To put such roads, laboring under
these disadvantages, in the finished state in which
English roads, for instance, are put, would mean bank
ruptcy from the start, for not till after the lapse of
years could they he made to earn a return on the out
lay. Hence it happens that new property and new
equipment, &c., have to be provided each year as the
need for it develops and current requirements suggest.
For a management not to undertake to satisfy such re
quirements would be to invite decay. The road could
not meet the demands of the public for additional facil-.
ities and accommodations, could not withstand compe
tition, could not expandits traffic, and could not operate
at alow average of expense. Even a system like the
Pennsylvania is called upon to spend millions of dollars
every year to keep abreast of the times— from which it
may be judged how much more urgent is the need in
the case of a system like the Atchison with its seven
thousand miles of single-track road (we are not now in
cluding the St. Louis & San Francisco and the Colorado
Midland), extending half way across the Continent,
from Chicago to the Gulf of Mexico in the one direc
tion and to the Pacific Ocean in the other.
In the reorganization, provision had been made for a
cash fund sufficient for the early improvement of the
properties, but this fund is now, the Atchison mana
gers say, exhausted. Hence, it has become incumbent
to create a new source of supply. How was this to be
done— how could it be done? Tbe difficulties here
confronting the management were very real. Under
the general mortgage further amounts of new 4*
can be issued, but only for new extensions or double
track. The additions and improvements which are
called for, however, do not come under that head. They
relate, we are told, to road-bed, buildings, machinery,
rolling stock, &c. New rolling stock, we may assume,
sn
could be provided through the issue of equipment trusts,
though these have not proved an altogether satisfactory
method even for this purpose. But for additions and
improvements to road-bed, track, &c., this method
does not apply at all. An entirely new bond issue,
coming right after the general mortgage fours, was*
barred out by the fact that the income bonds and me?
general fours are secured by one and the same mort
gage, making it impossible to put a new issue between
them. A bond coming after the 80 millions income*
was of course not to he thought of, since, und^r
present conditions it evidently could not be expect
ed to command a satisfactory price. The management
therefore appeared to be shut in to one of two course*?
— either to ask the income bondholders to forego?
their present lien and accept an inferior one, or to usm
the whole of current surplus earnings to the exclusion,
of any return whatever on the incomes. The latter
course was decidedly objectionable, the first hardly:
feasible or practicable.
In truth, the difficulties in the way of a satisfactory
method for providing new capital requirements seemed
insurmountable. The management, however, have hit
upon a scheme which appears to fit the necessities of
the case exactly. A new mortgage is to be made, large
enough to take up all the incomes and at the same
time leave a balance to meet the needs of the company
for a long series of years. The proposition is to issue
100 millions of bonds under this mortgage, $80,000,000
called Class A, and bearing a graduated rate of inter
est, beginning at 2-£ per cent, and rising till the max
imum of 4 per cent is reached, and $20,000,000 o f
bonds called Class B and bearing 4 per cent interest
from the start. The Class A bonds are to be exchanged
for the existing incomes, the Class B to be used at the
rate of not exceeding 5 millions a year for improve
ments and additions. It will be seen that this pro.
vides bonds which should be readily salable, bearing
as they do full 4 per cent interest, and coming imms.
diately after the existing first mortgage 4s. Indeed,
the first 5 millions of the Class B bonds, which are now
offered for subscription and the first right to take
which is given to the income bondholders, have already
been underwritten, so that the company is sure to get
the money. The new scheme also provides that after
the full amount of the $20,000,000 Class B bonds has
been issued (at which time Class A and Class B will
both bear the same rate of interest, and hence be
merged in one), a further issue to the amount of $50*-;
000,000 may be made for improvements, but only at
the rate of $2,500,000 per year— that is, this issue is to
extend over a period of 20 years. In effect, therefore,
the needs of the company for the purposes in question
have been provided for the next 24 years.
It has been suggested that the plan asks rather large
concessions of the income holders. But does it not
really improve the position of these holders? We
have seen that money for new capital requirements is
an absolute necessity. If this money is not raised
through the issue of new securities, the managers would
have no alternative but to use current earnings for that
purpose and compel the income bonds to forego all re
turn. We may say, too, that under the terms of the
income mortgage full power is possessed by the man
agement to use earnings in that way, as that mortgage
expressly declares that the payment of interest on the
incomes shall he at the absolute discretion of the board
of directors. Nominally, of course, the income holders
yield up a portion of their interest under the new
872
THE CHRONICLE.
Scheme, but without this method of raising money they
$ould have little prospect of receiving any interest
whatever. Even if we suppose that they might by
some chance in an extraordinarily favorable year ge^
the full 5 per cent to which they are entitled, it must
yet be obvious that an uncertain 5 per cent (uncertain
because the need for improvements would 'make a
steady drain on earnings) is not nearly as good as
a fixed percentage at a much lower rate. The ad
vantages of the present plan are that it placeg
the
securities of the company on
a fixed,
substantial basis. The owner knows in advance just
what he is to expect— he does not have to wait till after
the close of the fiscal year to find out. At the same
time, as we have seen, the ever troublesome question as
to how to provide means for betterments and equip
ment is disposed of, and earnings can be applied, with
out diminution, to meet charges. The London Times,
according to cable dispatches, in commenting adversely
upon the proposition, early in the week, suggested that
if the company did not have the money to pay cash on
the incomes, the interest ought to be paid in stock.
Without raising the question whether it were within
the power of the managers to do this, it is sufficient to
say that such a distribution would be much less favor
able to the incomes than that actually proposed. Tak
ing the stock at 35 (the present price is only 34) the
money value of a 5 per cent dividend in stock would be
only I f per cent, whereas the plan submitted proposes
to pay 2-$- per cent in cash from the very outset. It was
probably recognition of this fact that led the Times
later in the week to modify its first opinion.
We have left for final consideration what we think is
really the most important point of all, namely whether
by making the income interest fixed and binding the
company will not be assuming a larger burden of
obligatory charges than is safe and wise. What we
have said demonstrates that practically no other course
Was open to the management, and also that the plan
iubmitted possesses many merits and decided advantages.
But all these would fall to the ground if the company,
through the plan, was placed in a position where in the
near future it might again be threatened with financial
embarrassment.
On this point of course the judg
ment of the management counts for a good deal, seeing
that they have carried the company so successfully
through its difficulties and have had such excel
lent opportunities for studying its earning capacity.
I t is their opinion that the time has arrived when all
the obligations of the company can be returned to a
fixed basis. In the year just preceding the reorganiza
tion, net earnings dropped to a very low figure, and as
it was not certain just what the permanent earning
power of the property would be, the fixed charges were
gauged to this low basis of earnings. Since then gross
earnings have uninterruptedly increased year by year,
and net earnings, with some fluctuations, have also
increased. The change in this respect is best shown by
the following, it being understood that the 1892 figures
are in part estimated by the management.
1890.
$
31,004,357
10,083,971
1891.
$
33,663,716
9,620,546
1892.
$
35,771,702
10,886,218
11,195,919
10,390,703
11,736,218
A sa result of this increase in earnings, something
baa been paid on the incomes in each and every year
since the reorganization. Thus 2 f per cent was paid
in the first year, 2 per cent in the second, and 2 f per
cent in the current year. It is to be borne in mind,
too, that under the scheme proposed the company does
not pay full 4 per cent on Class A bonds right away,
but begins with 2£ per cent and gradually increases to
the maximum of 4 per cent. Before the reorganiza
tion, with net earnings of less than 7 million dollars,
the fixed charges were $11,200,000, showing a large de
ficit. Now the net income is $11,700,000, while total
charges under the new plan will be for the year begin
ning July 1, 1892, only $10,200,000, for the next year
$10,700,000, for the year beginning July 1, 1894,
$11,300,000, for the fourth year $11,900,000, and for the
fifth year, beginning July 1, 1896, $12,000,000. At
that time the whole 100 millions of new second mort
gage bonds will be out, and it is to be noted that the.
total of interest on these 100 millions of 4s will be no
more than the 5 per cent of interest now on the 80
millions o f incomes.
As to the small earnings of 1889, which to some may
suggest the possibility of a relapse to the same low
basis, it is well to say that these small earnings were the
result of entirely exceptional circumstances. Of course
a crop failure is possible at any time, but the crop fail
ure was not the only unfavorable factor in the small
income of 1889. There was general rate demoralization
then, such as does not exist now and is not likely to
recur again in the near future. Most important of all,
the company had just added a very large amount of
new mileage, which had not been put in running order
or its traffic developed. These new lines, of which the
Chicago division is one, have since been placed on a
basis where they yield important amounts of revenue.
Moreover, the Atchison system is such a large one and
covers such a wide expanse of territory, that barring
unexpected drawbacks total traffic and income may
fairly be expected to expand through a series of years,
and tend steadily toward a higher level. It is well to
add, in conclusion, that the management point out that
the growth thus far established is not due to extraor
dinary crops, but reflects natural conditions and the
steady development of the country through which the
company's mileage extends, thus sustaining expecta
tions of continued growth.
IM P O R T S A N D E X P O R T S FO R A P R I L .
The Bureau o f Statistics has issued its detailed statement of
the foreign commerce o f the country for the month of Apri
1892 and 1891, and for the four and ten months ending
April 30, 1892 and 1891, as follows :
MERCHANDISE.
F or the
month o f
April.
F or the 4
F or the 10
months ended months ended
A p ril 30.
A p ril 30.
1892.—E xports—D om estic___ $74,708,544 $339,429,182 $884,128,115
11,720,323
F oreign.........
5,294,061
1,409,157
T ota l........................... $76,117,701 $344,723,243 $895,848,438
Im p orts........................... 76,293,311 290,967.996 686,642,917
$53,755,247 $209,205,521
E xoess o f exports ov er im ports
$175,610
E xcess o f im ports ov er exports
1891.—E x ports—D om estic___ $69,780,077 $299,790,942 $759,426,607
1,126,899
3,936,668
9,397,362
F oreign.........
T ota l......................... . $70,906,976 $303,727,610 $768,823,969
81,275,106 287,190,174 699,460,348
Im p orts.......................
$16,537,436 $69,363,621
E xcess o f exports over im ports
$10,368,130
E xcess o f im ports over exports
GOLD AND SILVER— COIN AND BULLION.
TEAKS ENDING JUNE 30.
1889.
$
<*w>ss...................... 27,572,869
............................ 6,772,331
2?6t Including mis
cellaneous incom e .........
[V O L . L 1 ,
V
1892.—E xports—Gold—D o m ..
Foreign.........
T ota l...........................
Silver—D om estic___
Foreign.........
T otal . .................... .
T otal ex p orts........
Im ports—G old ...............
S ilver............
T ota l.............................
E xoess o f exports over im ports
E xoess o f im ports ov er exports
$7,463,593 $14,854,974
58,230
5,130,451
$7,521,823 $19,985,425
$1,507,632
$7,611,046
2,477,006
664,598
$2,172,230 $10,088,052
$9,694,053 $30,073,477
$6,950,423
$487,041
4,475,237
1,182,341
$1,669,382 $11,425,660
$8,024,671 $18,647,817
$22,086,278
6,525,324
$28,611,602
$15,053,349
13,054,976
$28,108,325
$56,719,927
$48,614,269
16,324,752
$64,939,021
$8,219,094
THE CHR0N1LCE.
May 38, 1893.]
For the
month o f
Apr\,l.
F or the 10
For the 4
months ended months ended
A p ril 30.
A p ril 30.
1891. -E x p o rts—Gold—D o m .. $14,143,116 $23,077,409 $38,609,102
1,350,392
20,000
979,835
F oreign.........
$14,163,116 $24,057,244 $39,959,494
$4,943,966 $13,004,136
Silver—D o m e stic.. . . $1,417,937
7,319,604
2,461,392
674,681
F oreign.........
$7,405,358 $20,323,740
T o ta l........................... $2,092,618
T otal e x p o rts........ $16,255,734 $31,462,602 $60,283,234
$2,810,710 $17,737,013
$233,318
Im ports—G o ld .... .........
15,859,885
830,953
4,176,240
Silver............
$6,986,950 $33,590,898
T o t a l............................ $1,064,271
E xcess o f exports ov er im ports $15,191,463 $24,475,652 $26,686,336
E x cess o f im ports over exports
TOTAL MERCHANDISE AND COIN AND BULLION.
1892.—E xports—D om estic___ $83,679,769 $361,895,202 $921,267,742
2,131,985
31,300,623
F oreign.........
12,901,518
T o ta l........................... $85,811.754 $374,796.720 $952,568,365
Im p o rts........................... 77,962,693 302,393,656 751,581,938
E x ce ss o f exports over im ports $7,849,061 $72,403,064 $200,936,427
E x cess o f im por ts over exports
1891.—E xports—D om estic___ $85,341,130. $327,812,317 $811,039,845
F oreign.........
7,377,895
1,821,580
18,067,358
T o ta l........................... $87,162,710 $335,190,212 $829,107,203
Im p o rts........................... 82,339,377 294,177,124 733,057,246
E xcess o f exports ov er im ports $4,823,333 $41,013,088 $96,049,957
E xoess o f Im ports ov er exports
IMPORTS AND EXPORTS B Y PRINCIPAL CUSTOMS DISTRICTS.
Im po r ts.
A p r il , 1892.
TRICTS AND
PORTS.
Imports.
i
Baltimore,Md 2,038,000
B est. & Charlest’wn.Mass 7,119,107
Brunswick, Ga
aa
fit
212,« 7.
BuffaloCk.N.Y
300,;
,370
Champl’n, N.Y
Chariest’n, S.C
5, 178
_ 1,13* ,800
Chicago, 111_
182,'705
Cincinnati Oa.
372,!
,051
Corpus Chrioti
2 ,<
l6,032
Detroit, M icb.
Duluth, Minn.
33,
Galvest’n, Tex
H uron, M ich..
110,
20,
Milw’kee.W is.
Minn Va,Minn
75,
85,
Mobile, A la ...
New Orl’ns.La 1,015.
Newp’t News
New York.N. Y 50,177
109,
Niagara, N .Y ..
1.
N orf’k, va.,&c.
Oregon, Oreg..
195,
Oswega’ie.N. Y
149,
Oswego, N.Y.
4,
Pensacola, Fla
Philadel’a, Pa. 4,839
.87,
Portld.& c.M e.
10,
P uget S’a .W a.
R icnm ’nd, Va
1,
194,
8 t. Louis,Moa.
San Fran., Cai. 4,008,
Savannah, Ga.
18.
404,
V erm ont, v t . .
134,
W illamette.Oi
W ilm i’gn, N.C.
10,
Exports.
Ex p o r t s .
10 months ending
April 80.
10 months ending
April 30.
1892.
1892.
1891.
1891.
t
$
$
9,179,238 11,460,478 15,737,060 84,031,677 56,080,782
,656,031 57,048,
7,450,713
,920,861 05.092,280
11,476
153,758
,201,302 6,924,465
0,
38,050
,093,120 4,460,
476,007
579,732
157,914
,085,061 2,089.
,040,003 1,836,041
410,088
858,936
011,
,477,117 21,082.471
,60l,v54 12,828,
303,050
,276,172 1,359,670
,692,873 1,983,
380,362
,270,092 1,800,
,681,863 8, i 60,077
818,006
,260,851 2,381,
,732,142 3,937,745
130,000
383,326
,023,911 1,18.3,937
88,
608,023
,314,025
524,
,950,801 33,513.315
583,970
,924,015 2,237,
,790.244 8.009.574
524,110
783,
44.000
10,283
850,485 1,106,
230.347 1.246,036
110,070
07,802
79,
,488,177 8,277,018
1,776,175 15,,426,642 14,948,
838,384 00.199,449
841,430
150,253
53,
416,910 9 830.006
1,642,145
,277,184 452,611,
,700.788 291,278,829
b 573
,336,965 3,051,
110,221
b 30.200
519,853
42,681
75,
308.379 15,791,840
07,144
105,
,210 533
798,537
53,765
,360,135 1,540,
152.375 l,46i.692
,015,043 2,855,
74,443
900,530 1,163,767
284,111
02,997
113,
290,400 8,437,877
1,534,774
,364,344 45,396,
257,233 27,065,107
343,510
636,
853,50»
071,392 2,636,001
245,1531
401,881
395,
091,065 4.058.574
377,447
39,420
41,
552,046 8,303,232
,229,228 3,147.
.,757,305
,445 177 42,070,
903,43* 84,117,211
752,365
279,383
420.
,291,039 31,841,655
305,117
,131,801 4,275,
,234,930 2,652,772
57,486
,153,920
941.
,240,402 4,245,003
323,481
184,314
203,
,190,112 8,866,685
T otals, (in
eluding all
o th ’r Diets.) 76.293.311 76,117,701 686.642.917^699,460,848 895,848,438 768,823,969
Rem aining in warehouse A p ril 3 0 ,1 8 9 1 .................................. $27,679,767
Remaining in warehouse A pril 3 0 ,1 8 9 2 ................................... 29,208,060
a Interior ports to w hich merchandise can be transported without
appraisement, under act o f June 1 0 ,1 8 8 0 .
6 Incom plete, in the absence o f law providing the means o f collecting
the statistics o f exports to adjacent foreign territory b y railroad cars
and other land vehicles.
Silmi slargjffinraraerrial gtifllisft Hems
[F rom ou r ow n correspondent.]
L o n d o n , Saturday,
May 14, 1893.
The money market is quieter than ever. During the week
ended Wednesday night the Bank of E ngland received from
abroad nearly half a million sterling in gold. V ery much
more has arrived in London, but it has been taken, it is under
stood, by the Messrs. Rothschild and locked up in their private
vaults. As gold will be received in large amounts for some
time to come, and as trade is falling off, while even yet specu:
lation is quiet, the surplus supplies in the open market are
pressing down rates. Bankers are unwilling to take fresh de
posits. They are lending for a week at
per cent and occa*
sionally loans are made for a day at even
per cent. The
demand for gold for abroad is very small. There is a slight
inquiry for France, but it comes to so little that nearly all the
gold arriving here is taken by the Messrs. Rothschild. A
group of large bankers representing the Messrs. Rothschild
and their allied houses have had interviews with the Finance
Ministers o f Austria and Hungary in reference to the proposed
gold loan. The Messrs. Rothschild, however, are very unwillling to bring but the loan. They have represented in the
strongest language that the time is inappropriate, and the
875
conditions they laid down were such that they were
rejected by both Austria and Hungary. The loan,»there fore,
is put off, and consequently the danger of large gold ¿liipments' has disappeared. The discount houses have reduced
the rates they allow on deposits to % per cent for mo ney at
call, and % per cent for money at notice.
The price of silver rose on Thursday to 39 15-16d. per oz.,
and yesterday to 40^d. per oz., in consequence of the an
nouncement on Wednesday by Mr. Goschen to the bimetalio
deputation that waited upon him, Lord Salisbury and Mr,
Balfour, that our Government had decided to accept the in
vitation o f the United States Government to join an Inter
national Conference.
The announcement naturally has
greatly pleased the bimetallists, but the great majority in the
city and elsewhere disapprove it, for they fear that it may
cause a sore feeling when it is found that our Government
cannot agree to the only terms that would be acceptable to*
other governments. The great capitalist classes everywhere
throughout England and Scotland are not only opposed to
bimetallism, but believe that no government will dare to pro*
pose any material change in our monetary system. In Lan
cashire alone are the bimetallists strong ; there undoubtedly
they have made much progress recently. But it is noteworthy
that the opposition to the bimetallists in the Manchester
Chamber of Commerce was led by three o f the largest houses
in Lancashire engaged in the Eastern trade.
Since the conversion of consols caused a great shifting o f
investments we have not had such large investment buying in
London as this week. Consols at one time touched 98, the
highest quotation since the May preceding the Baring crisis,
and during the week they have risen % . Indian sterling 3 per
cents have risen % ; Colonial stocks have risen from 1 to 2
points. There is a marked advance likewise in all other firstclass investment securities, such as railway debenture, guar«
anteed aud preference stocks. Even the ordinary stocks o f
British railways have risen from 1 to 2 points. The greatest
activity by far, however, and the most marked improvement,
has been in the Argentine department. The premium on gold
fell on Wednesday to 220 per cent, the lowest point touched
for 12 months. A t one time last year the premium was aa
high as 847 per cent. Although, therefore, the pre nium is
very high, still the decline is remarkable. Further, the Cus
toms receipts at Buenos Ayres in the first four months of tha
present year, measured in paper, rose about 100 per cent com
pared with the corresponding period of last year, and there ia,
a general and very satisfactory increase in the railway traffic
returns. All this points unquestionably to a return of confi*dence and an improvement in trade. It is true that the export
trade is not as good as the import, for the European prices o f
both grain and wool are very low, and the fall in the gold
premium of course makes those prices all the worse. Still the
exports are on a large scale.
Owing to all this and to the maintenance of political order,\
opinion respecting Argentine affairs has completely changed
in this country, and during the week we have had very active
speculation. There has been very large buying of the deben
ture stocks, especially of the best-managed railway com«'panies, and even the ordinary stocks have risen from 8 to 11
per cent in many cases. There has also been a considerable
rise in Cedulas and in Government bonds. Naturally the
funding loan and the 1886 loan have been the chief favorites,.
the rise in them during the week being over six points. The
funding loan it is to be recollected, bears 6 per cent interest, I
and is a charge upon the Customs revenue, and the 1886 loan,which bears 5 per cent interest, is also a charge upon the
Customs revenue. It was .brought out by Messrs. J. S. Mor
gan & Co., and Mr. Burns, the leading partner of that great
house, who was a member of the Rothschild Committee, suc
ceeded at the time of the moratorium in securing for the
bondholders the full payment of the interest in gold. It ia
argued here that Mr. Burns will continue to protect the loan,
and as there is no other house at once willing and able t o
finance the Argentine Republic in future but Messrs. Morgan
& Co., it is assumed that he will be successful.
Some disappointment is felt here because New York has notresponded to the action of London in regard to American
securities. For nearly two years until quite lately European
holders have been persistently selling American securities
The best informed pointed out in the press and elsewhereagain and again that they were acting wrongly and that all*
the conditions in the United States favored good prices ; hut
THE CHEONIOLE,
fe74
LVol.
l iv .
the'selling went on for all that. Recently, however, there has | The following shows the imports of cereal produce into the
been a complete change of opinion and at the beginning of . United Kingdom during the thirty-six weeks of the season
this week there was better buying than had been seen since compared with previous seasons:
IMPORTS.
the summer of 1890. The demand for bonds was large, also
1891-02.
1890-91.
1889-90.
1888-8».
for dividend-paying shares, and there was even a disposition i Im portsofw h ea t.ow t.4 5,58 5,84 5 38,519,551 36,501,232 42.729.35S
- 25*
B arley........................... V a AAC 1 o n 1 9 o n a OOO 1 I ee n n .A 14.615'X - T
14,446,180 13.397,232 11,553,340 i
evinced to buy speculative securities. Business would un * DA» l An
9,715,687
8,423,471 10,207,429
Oats............................... 9,096,992
doubtedly have increased largely and rapidly if the same Peas............................... 2,078,896 1,409,853
1,379,843 1,781,721’
2,400,529
2,057,232
2,247,128 2,433,071
spirit had been evinced in New York. But as the New York Beans............................ 19,211,455 19,147,801 26,613,454 20,063,422
Indian co rn .................
market did not respond, operators here have paused. Prob F lour............ .............. 14,065,244 11,685,364 12,313,850 9,880,896
ably, however, they will soon begin again, for the extreme
Supplies available for consumption (exclusive of stocks on
cheapness of money and the difficulty of employing it profit September 1):
1891-92.
1890-91.
1889-90.
1888-8».
ably must lead to continued investment on a large scale.
Wheat.................. owt. 45,585,845 38,519,551 36,501,232 42,729,353
<jhe wheat market has been well supported during the past Im ports o f flour......... 14,065,244 11,685,364 12,313,850 9,880,896
fortnight by French buying. The French duties on grain will Sales o f hom e-grow n .23,154,672 28,027,690 35,609,100 26,558,004
T otal.......................82,805,761 78,232,605 84,424.182 79,168,25»
come into force on the 1st of June. The English demand,
1890-91.
1889-90.
1888-8».
however, has been very quiet, although the-growing crops do Aver, price wheat week.31891-92. 41s. 4d.
is . 6d.
31s. 7d.
29s. 10 .
33s. 7d.
30s. Od.
31s. 3 d .
not promise very well. The acreage under wheat in the United Average price, season ..3 4s. lOd.
K in gdom ^ sm all; in France the plant is so backward that
The following shows the quantities o f wheat, flour and
the yield is expected to be sm all; in the South of Russia there maize afloat to the United Kingdom:
This week.
Last week.
has been lor g- continued drought, and the acreage every where
1891.
1890.
2,580,000
Wheat................... qrs. 2,564,000
2,366,00«
2,510,000
in Russia is reported to be small, owing to the distress of the Flour, equal to qrs. 366,000
358,000
26 7,00 »
370.000
290,000
323.000
656,000
agricultural population. The European harvest, therefore, is M aize.................... q rs. 357,000
lively to be again short, and the present indication is that it
Ensilait F in a n c ia l ¡markets—P er C able.
will also be late.
The daily closing quotations for securities, &c., at London
The rates for money have been as follow s:
are reported bv cable as follows for the week ending May 27:
London
April 8
“
U
“
22
’* 29
May 6
13
«
$
05
Interest allowed
fo r deposits by
Open Market Rates.
Disc’ t H St
Joint
£
Six
Six
Three F ou r
Stock A t 7 to 14
Four
«
Three
G
O
Months Months Months Months Months Months Banks. Gall. Days.
2% M ® - l% @
1H i - 1hi®
914 1H® ~ m ®
2 m e - IM.®
2 i ®m m®
2 1 ® —m ®
—m ®
- m®
- m@
- i% ®
- m®
- m®
- W ® ex
- m ®m
—
- m®2
- V4&2
- m®s
1%@2 U 2 @2%
1%@2% 2 @2%
2 @2%
1%@2% 2 @2%
1H®2 v m z b i
1%@2 1%@2%
9i Ì
H 1
H 1
% 1
H I
%ï
1
1
1
1
1
1
-1
-1
-1
-1
-1
-H
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 13.
Rates of
Interest at
P aris.................
B erlin................
H am burg.........
F ra n k fort........
A m sterdam .. ..
Brussels ........
V ienna..............
St. Petersburg
M adrid..............
C openhagen...
Bank
Open
R a te. Market
3
3
3
3
3
3
4
6%
5
4
1M
m
m
m
354
2
3%
4
4%
314
May 6.
Bank
Open Bank
R a te. Market R ate.
3
3
3
3
3
3
4
6*4
5
4
April 22.
April 29.
m
m
m
m
29i
2
394
4
m
394
3
3
3
3
3
3
4
694
6
4
Open
Bank
Open
Market R ate. Market
2
194
194
m
294
2
394
494
494
394
3
3
3
3
3
3
4
594
5
4
1%
194
194
m
294
2
894
494
494
394
The following return shows the position of the Bank of
England, the Bank rate of discount, the price o f consols, &c.,
compared with the last three years:
1892.
May 11.
£
25,691,310
5,402,999
80,336,901
11,256,001
26,900,412
15,416,561
24,657,871
42 15-16
1891.
May 13.
1890.
May 14.
£
£
1889.
May 15.
, £
C ircu la tion ...............
.
24,918,830 24,823,125 24,571,260
Public deposits..........
6,245.194
6,026,232 10,311,12 0
.
.
Other d e p o sits ........
30,181,829 20,337,870 28,222,08 8
Government securities...
.
9,941,882 15,605,998 16,052,887
Other securities.......
.
31,971,551 21,005,690 25,936,42*
.
12,445,471
13,676,011 14,468,815
R e s e r v e ...................
.
20,944,301 22,049,136 22,840,07k
Coin and bullion......
84
Prop, assets to liabllities.per ct.
42
3794
5 May 14
3
Bank rate..................
294
Consols 294 per cent.
9594
981-16
9794
993-16
. 110,959,000 146,559,000 126,646,000 170,371,00
Clearing-House retu rn s.
'
May 12.
May 5.
d.
9
s. d.
77 9
Bar gold , fin e .. . . o z .
Bar gold, contain’g
20 dwts. silver. .oz.
a.
77
Sat.
Mon.
403s
97%
979,6
98-10
121
91*8
79*s
105%
136
77%
73%
116%
30%
108%
47%
55%
56%
30%
40%
25%
40%
t>79ia
97%
9805
121
91%
79%
106
136
78%
73%
116%
29%
108%
47%
55%
56%
30%
41%
25%
SILVER.
London standard.
May 12.
d.
Bar silv er....... ..o z . 39 16-16
Bar silver, con tain77 994 ing 5 grs. gold. oz. 4« 5-16
48 1-16
M exican dols.. ...O Z. 38 13-16
Tues.
Wed.
Thurs.
Fri.
40%
40%
461,6 401,6
9 7 ii16 97 i% 6 9 7 il16 9 7 il18
97%
97%
97%
9711,*
9 8 1 2 % 9 8 1 5 98-17% 9 8 1 7 %
121
121
121
131
91%
91%
91%
91%
80
80%
80%
79%
105% 105% 106% 105
136
18<i% 137% 137%
78%
77%
77%
77%
73%
73%
73%
73%
116% 116%
116% 116%
28%
2*%
28%
28%
108% 108% 108% 108%
47%
47%
47%
47%
54%
53%
54%
54%
56%
56%
56%
56%
30%
30%
81%
31
41
40%
42%
41%
25%
25%
26%
25%
fommet;ctaX mid i^tiscellauecws i^eurs
National B anks.—The follow ing national banks have
recently been organized:
4.734—
The F irst N ational B ank o f R aton, New M exico. Capital,
$50,000. P resid en t,------------------; Cashier, C. N. Blackwell.
4.735—
The E lgin National Bank, Elgin, III. Capital, $1 00,0 00; Presi
dent, ----------------- ; Cashier, L N. Seaman.
4.736—The National Bank o f Merrill, W isconsin. Capital, $100,000.
President, 8. Heineman; Cashier, G eorge A. Foster.
4.740—
The N ational Bank o f Lakeport, New Hampshire. Capital
$50,0u0. President, H enry J. O d ell; Cashier, Stephen B. Cole.
4.741—
The Columbia National Bank o f Buffalo, N. Y . Capital, $200,
600. President, Josiah Jew ett; C a s h i e r , ---------- .
Imports a n d E xports for the W eek . —The following are
the imports at New York for the week ending (for dry goods)
May 19; and for the week ending (for general merchandise
May 20; also totals since the beginning of the first week in
January.
FOREIGN IMPORTS AT NEW YORK.
For Week.
1889.
May 5.
d.
39 11-16
Ory G ood s.......
Ten’l m er’dise.
$1,327,886
5,702,126
Since Jan. 1.
Dry G ood s.......
Gen’l m er’dise.
1890.
1892.
1891.
$1,580,649
10,017,147
$2,431,000
7,474,678
$1,744,438
8,676,720
$7,030,012
The Quotations for bullion are reported as follow s:
GOI.D.
London Standard.
London.
Silver, per oz................. d
Consols,new , 2% p er cts.
do fo r acoount.........
Fr’eh rentes (in P aris)fr.
U. 8. 4s o f 1907..............
Canadian Paoifio............
Chic. Mil. & St. P a u l....
Illinois Central................
Lake Shore.......................
Louisville<fe N ashville..
M exican Central 4 s .......
N. Y . Central & Hudson.
N. Y. Lake Erie & W est’n
do
2d co n s............
N o r fo lk * W estern, pref.
Northern Paciflo p re f...
Pennsylvania...................
Philadelphia & Reading.
Union P a cific...................
Wabash p i e f ...................
Trade Bills.
Bank Bills.
$9,905,678
$10,421,158
$11,597,79«
$56,163,640
138,119,104
$61,314,228
145,952,304
$50,841,187
165,898,844
$50,679,666
174.592,270
Total 20 weeks. $194,282,744 $207,268,532 $216,740,031 $225,271,936
The inports of dry goods for one week later will be found
in our report of the dry goods trade.
994
The following is a statement o f the exports (exclusive yf
6. A m .doubloons.oz.
specie) from the port o f New York to foreign ports for t’ e
Messrs. Pixley & Abell write as follows under d a te of May 12 : week ending May 24 and from January 1 to d a te:
77
40 1-16
4:2 13-16
3894
Gold—There bein e no demand o f any sort fo r gold, all recen t arrivals
have been sold to the Bank o f England, w hich has received during the
w eek £509,000, against which there is a withdrawal o f £5 0,000 fo r
Rio. A rrivals—Chili, £2,000; Rio, £*9,000; India, £130,000; A us
tralia, £20,000; China, £236,000; Japan, £96,000; E gypt, £80,00 0;
Natal, £46,000; Madeira, £2,000; total, £701,000.
Silver—The changes o f the week are unimportant. On the 9th silver
hardened to 39i& ied., but again gave w ay the n ex t day to 39 Oi 0d.
While the ultimate position o f bar silver remains absolutely unaltered
there is no doubt that the m ore or less favorable reception accorded to
the bi-m etallic delegates by Mr. Goschen has drawn considerable
attention to the rupee paper m arket, and the silver m arket has m oved
in sym pathy ba ck to 3 9 islfid. A rrivals—From Australia, £12,000;
Chili, £4 0,0o0 ; New Y ork, £60,000; total, £112,000.
M exican Dollars—A fe w dealings have taken place at m elting parity,
put there are no Im portant arrivals to record, ■£ »a
*
EXPORTS FROM NEW TO RK FOR THE W EEK.
1889.
For the w e e k ..
Prev. reported.
1890.
1891.
$6,061,646
126,737,727
$6,643,044
128,390,170
$6,078,373
129,227,684
I
1892.
$7,852,699
151,679,889
Total 20 weeks. $132,799,373 $135,033,214 $135,306,057 $159,532,588
The following table shows the exports and imports of specie
at the port of New York for the week ending May 21 and
since Jan. 1, 1892, and for the corresponding periods in 1891
| and 1890:
THE
Mat 28,1892.]
CHRONICLE
BXPOKTS AMD IMPORTS OF SPECIE AT MEW T O R E .
Im ports.
Exports,
Gold,
Since Jan. 1.
Week.
$5,687,592
7,360,228
3,780,500
$16,000
5,996,878
6,500,
717,195
Great B ritain .............
P ra n ce............. ...........I
G erm any.....................
W est In d ies................
M exico........................
South A m erica..........
All ether cou n tries..
$16,000 $23,548,893
7,060,230 48,669,225
T otal 1892.
T otal 1891.
T otal 1890.
Since Jan. 1.
Week.
^6,06 <,381
1,536,056
4,055,317
Since Jan. 1.
Week.
1,380
$178.638
43,421
33,545
$4,612
19,950
180
$20,439
92,800
68,131
77.0 »1
33.722
244,847
9,166
$9,284,719
6,212,367
8,658,194
37,975
T otal 1892.
T otal 1891.
T otal 1890.
$45,492
80,157
567
$7,728,881
353,154
500
633,207
38,215
517,922
12,840
$139,283
Great B r ita in ..
P ra n ce....... .....
G erm any...........
W est I n d ie s ....
M exico.......... . .
South A m erica
A ll other co u n tries..
$18,281
272
18,895
8,544
$28,725
4,496,901
865,500
172.154
19,645
338,671
141,765
Imports.
Exports.
Silver.
Since Jan. 1 ■
Week.
$24,742
7,899
216,291
$546,136
716,750
2,317,346
Foreign Trade of New Y ork —Monthly Statement.—I n
addition to the foregoing tables, made up from weekly
returns, we give the following figures for the full months,
also issued by our New York Custom House. The first state
ment covers the total imports of merchandise.
—The Equitable Mortgage Company now occupies a beauti
ful suite of offices at 40 Wall Street. The company has made
much progress under its present corps of officers, and has a
surplus of $800,000 and assets of $14,074,818.
—Parties interested in railway bonds or guaranteed stocks
for investment are invited to notice the card of Messrs. Reed
& Flagg in this issue of the I nvestors’ Supplement.
—Messrs. Speyer & Co. and Kuhn, Loeb & Co. announced
at 12:80 o’clock on Tuesday that the subscription to the $10,000,000 4% per cent Pittsburg Cincinnati Chicago & St. Louis
Railway Company bonds, which opened at 10 o’clock, was
closed, the loan having been largely over-subscribed.
—The city of New Bedford’s $100,000 loan was awarded to
Messrs. Spencer Trask & Co., and is advertised by them in to
day’s Chronicle. The bonds are 4 per cents, and run fifty
years.
N. Y. and B rooklyn Was Securities—Brokers’ Quotations.
G A S C O M P A N IE S .
Month.
1890-1.
General
Merchan
dise.
Dry
Goods.
lo t al.
Dry
Goods.
General
Merchan
dise.
Total.
t
$
i
$
*
I
9,201,074 31,927,564 41,128,638 14,214,708 37,289,011 51,503,719
J u l y . . . . .. . .
81,088,246 43,399,048 11,149,467 28.851,047 40,000,514
12,310,797
August..
Septem ber. 8,346,888 31,140,387 39,487,275 12,758,678 36,305,644 49,124,322
7,798,225 34,490,021 42,288,246 11,792,700 35,056,606 46,849,372
October —
9,952,849 32,160.147 41,412,996 7,837,469 34,753,239 42,590,708
November
Decem ber.. 8,428,391 37,382,052 45,810,443 9,007,989 30,127,74* 39,795,736
12,474,861 29,744,029 42,218,890 12,749,505 29,831,248 42,530.751
January —
February .. 14,937,143 29,415,857 44,353,000 13,146,984 29,953,305 43,100,289
9,870,854 45,130,299 55,001,153 13,041,350 35,576,721 48,618,071
M arch........
8,501.492 41,670,008 50,177,500 6,908,738 41,479,653 48,448,391
A pril....... .
T otal... 101,322,5741344,154,010 445,277,184 113,327,654 339,281,231 452.608,885
EXPORT8 FROM NEW YO RK .
CUSTOMS RECEIPTS.
A t New York.
Total Merchandise.
Month.
T o ta l...
1890-1.
$
J u ly ........... .
August.......
Septem ber.
October
November.,
D ecem b er.
Jan uary....
February...
March.......
April..........
1891-2.
Month.
*
31,183,120
33,353,766
37,949,406
37,366,764
36,541,697
43,587,608
34,376.994
30,730.177
38,084,920
30,642,145
27,811,440
29,080,926
29,739,63t*
32,059,531
26,508,035
34,126,559
27,000,185
36,433,249
28,874,475
29,644,853
348,798,597' 291,278,916
1890-1.
*
July ...........
August.........
Septem ber...
October .. . . ,
N ovem ber..,
D ecem ber..
J an uary.....
February....
March...........
April.............
T o t a l....
T
11,304,103
10,461,012
9,962,117
9,337,974
8,503,666
9,314,136
11,963,590
11,632,255
10,872,149
8,885,924
17,173,528
12,978,344
15,769,706
16,091,811
10,154.869
10,704,233
16,794.658
12,280,590
10.520,556
7,712,053
128
115
176
110
155
100
140
100
88*3
G A S C O M P A N IE S ,
A sk
i B id.
130 ; W illia m s b u rg ........ . . . . 1 2 7
B onds, 6s....... .................... 108
115*9
M etrop olita n (B rooklyn ). . 103
llT M unicipal—B onds, 7 s....... ........
F ulton M u n icip a l.........135
140
102
B onds, 6s
102
E qu ita b le_________ ______ 148
B onds, 6 s .................— 106
140
107
150
City Railroad Securities—Brokers’ Quotations.
A tlantic A v ., B ’k ly n .S t’k. 108
Gen. M., 5s, 1 9 0 9 ...A & O 100
81’ck e r St. & F ui. F. —
Stk. 27
1st m ort., 7s., 1900-. J & J 112
197
104
103
8 ’ w ay 1st, 5s, g u .......’ 24 105
2nd 5s, int. as ren t., ’05. 94
182
Brooklyn C ity—Stock
109
B kn.C’y & N ’ n5s,1938 J& J 101*9
lontra! C rosstow n—Sc’ k .. 140
115
122
116
115
Jry D k.E .B .& B at’y 100
1J0 ¡Dry D ock E . B ’y & B.—
103 1 S c r ip ......... ........................
29 ! Eighth A v .—S tock.............
114 !E ig h th A v .—Scrip, 6s, 1914
42d & G r’nd St. F ’ry —Stk.
200
106 1 1st m ort., 7s, 1 8 9 3 .A& O
42d St. Manh.& S t.N .A ve.
105
107 j 1st mort., 6s, 1910.. M&S
96 1 2d iW,, in c o m e ,6 s ....J & J
H onst. W . St. & P. F ’y —Stk.
184
110 1 1st m ort., 7s, 1 8 9 Ì..J & J
102 *a N inth A v e .................. . . . . .
Se «m d A v e .—S to ck ....... .
117 1 1st m ort., 5s, 1909. M&N
'S ixth A ve .—S t o c k ... ........
124
:T hird A ve.—N ew s to c k ...
120
119
1 1st M., 5s. 1 9 3 7 ..... J& J
¡Twenty-third St.—S to c k ..
101
1 1st m ort. 7s. 189 3 ..........
1
101!.........
240 ........
105 109
250 .........
100 103
48 50
110 112
56. 59
2001........
100:107
128 133
106 108
103 1« 5
195 200
198 205
112 114
250 .........
102 104
A uction Sales—Among other securities the following, not
regularly dealt in at the Board, were recently sold at auction,
By Messrs. R. V. Harnett <5 C o.:
5
Shares.
Shares.
40 Continental Nat B a n k .. 136
1,524 R om e & D ecatur R R ... $100
Bonds.
300 Nat. Bank o f Guthrie,
$500,000 Ga. South. & Fla.
Oklahom a........................ 66
BR. 1st, 6s, 19 27................. 73-75
10 H anover Nat. B ank......... 350
$435,000 M acon & Birm . RR.
12 Chatham Nat. B an k......... 423
1st, 5 s . .. ............................1 3 -3 0
25 M ercantile Nat. B an k___ 228
$5,000 Equit. Gas L. C o.of N. '
100 Prentiss Calendar & Time
Y. 1st, 6s, 1 8 99.....................106
< o ............................ ...... 10 p. o.
100 Nat. B roadw ay B an k— 283*2 $2,000 Tallapoosa W ater Co.
(ofT a lla ., Ga.) ls ts , 1920.
20 Southern Nat. Bank......... 100
A pril 3 0 ,1 8 9 1 , coups, o n ..41 p .o
20 23d W ard B an k ................ 99
By Messrs. Adrian H. Muller & Sons:
40
22
124
55
100
10
1
103,236,326 130.t80,34g
—Messrs. A. M. Kidder & Co., who have successfully
brought out a number of industrial offerings, among which
was the Proctor & Gamble Company, whose common stock is
now quoted about 110 and preferred about 115, will offer in a
few days the Trenton Potteries Company as an attractive and
safe investment, producing satisfactory returns. Expert ac
countants have examined the books of all the companies, and
report that the average earnings for a series of years show on
the proposed capitalization very handsome dividends. These
companies, it is stated, manufacture about 75 per cent of all
the sanitary plumbing ware made in the United States In
vestors desiring to purchase can apply at once to Messrs. Kid
der & Co. for a preliminary prospectus, which will give full
particulars.
—The Lewis Investment Company of Des Moines, Iowa,
whose card appears in the C h r o n i c l e , is well known to some
of our friends and patrons as one of the most substantial and
reliable companies engaged in the business of placing loans in
the West. They number among their clients important East
ern corporations and prominent capitalists to whom they can
refer investors. The officers of the company state that their
loans during the past fifteen years have aggregated nearly
$5,000,000, without loss of principal or interest to any investor.
They do not undertake to get rates of interest so high, that the
safety of the principal is risked.
—Attention is called to the report of the Liberty National
Bank in another column, made at the close of business on May
17, 1892. This institution, organized about six months ago,
now shows resources of $1,369,647, and undivided profits and
capital of $514,823. Mr. Henry C. Tinker is the President
and Mr. James Christie, Cashier.
—Attention is called to a list of city bonds advertised in the
State and City Depart ment of the C h r o n i c l e by Messrs,
AVilson, Colston & Co., Baltimore.
I B id. I A sk. '
B rooklyn G as-L ight...........
Consolidated G as......... .
Jersey C ity & H o b o k e n ..
M etropolitan—B o n d s .......
Mutual (N . Y . ) ...................
Bonds, 6 s ....... .......... .......
Nassau (B ro o k ly n )............
S c r i p ... ............ ...............
P eople’s (B ro o k ly n !........
IMPORTS INTO NEW YORK.
1891-2.
875
10
80
1
1
50
Shares.
B roadw ay Ins C o............ 125
Citizens’ Insurance Co ..1 1 1
H ousatonic R R . Co., p f.. 51
Lou. Cin. & L ex .R R Co. )
Bk. o f Am erica, Louis- > $5
ville, K y ........................ )
L en ox Hill Bank, N. Y . . 21
Louisville Steam L ith -1
ographing C o.............. I
Galt House Co,, L o u is -> $6
•
ville, K y ........................
Tennessee Cream’y Co. J
Memb. N. Y . Cotton E x.$525
Memb. Con. Stk. & P. E x. $150
Nat. B roadw ay B a n k ....2 8 0
50 B ’klyn & N. Y. Ferry C o .150
10 N. Y . Guar. S Indem . Co 237
r.
50 3d Ave. R R . Co., ex-r’ht.203
10 2d Ave. R R . C o ..... .....1 0 7 4 4
20 Law yers’ Title Ins. Co.,
1 5 4 V -1 6 0 1
*
1,600 K ey W est Invest. Co.,
o f K ey W est, F la ___ $150
250 Amer. Casualty Ins. & Se
curity Co. .Balt. City, Md. 100
20 A m erican Bank Note Co. 48%
50 State Trust Co...................20311
Bonds.
$6,000 2d Ave. RR.C o.5s, con.
1909, M & N .................. ..104& int*
and ^financial.
LIB ER TY N A T IO N A L BANK,
C e n tra l B u ild in g , 1 4 3 L ib e r ty S tr e e t. N ew Y o r k .
C A P IT A L ,
.
.
.
.
$ 5 0 0 ,0 0 0
ACCOUNTS OF BANKS, BAN KERS AN D M ERCHANTS SOLICITED.
H EN RY C. TIN K E R President.
H E N R Y G RAVES, Vice-President.
JAM ES CHRISTIE, Cashier.
D IR E C T O R S .
H EN RY C. TIN KER,
H E N R Y GRAVES,
GEO. F. B A K E R ,
J. R. M A X W E L L ,
E. F. C. YOUNG,
W M. RUNKLE,
DUMONT CLARKE,
JNO. H . STARIN.
H. O. FAHNESTOCK.
HON. G. A . H OB A RT
J. A . G A R LAN D
T H E M ER C A N TILE N A T IO N A L BANK
OF T H E C IT Y OF NEW Y O R K ,
N o. l O l B r o a d w a y .
C a p ita l,
-
$ 1 ,0 0 0 ,0 0 0 I S u r p lu s & P r o f it s , $ 1 ,0 3 0 ,0 0 0
W IL L IA M P. ST. JOHN, President. |FR ED ERICK B. SCHENCK, Cashier
JAMES V . LOTT, Assistant Cashier.
ACCOUNTS
Spencer
1 0 W a l l S t ., N e w Y o r k .
S O L IC IT E D .
T rask
&
C o .,
BAN KERS,
1 6 C o n g r e s s S t ., B o s t o n .
A LBA N Y, St ite & James St.
PROVIDENCE, 5 & 7 Exchange St.
Members New York and Boston Stock Exchanges.
COMMISSION ORDERS EXECU TED ON E IT H E R EXCH AN GE.
Direct Private Wire to Each office and to Philadelphia,
DE A LER S IN STATE, C ITY AND RA.ILRO AD BONDS.
87«
THE CHRONICLE.
<gto* U a t ï t o m '
(S a e tte .
i v
i d
Käm e o f Company.
R a ilro a d s.
D elaw are & Hud. Canal (quar.)..
miscellaneous.
e
n
P er
Cent.
1%
d
s
.
When
Payable.
B ooks Closed.
(D ays inclusive.)
u v
Posted rates of leading bankers are as follows:
M ay 27.
d
[V o i.
Prim e bankers’ sterling bills on L o n d o n ..
Prim e com m ercia l......................
Docum entary com m ercial........... ......
Paris bankers (francs)....................... .
Amsterdam (guilders) bankers............
F rankfort or Brem en (reiclim arks)b,nkers
Sixty Days.
Demand.
4 87 @ 4 87% 4 88% @ 4 89
4 86 @ 4 86%
4 85 % ® 4 85%
5 1678@5 16% 5 15% @ 5 Ï 5
40% @ 403,
40389407,.
95% @ 95%
95% @ 95%
June 15 May 26 to June 15
York at the undermentioned cities to-day: Savannah, buying,
p a r ; selling % premium; Charleston, buying par, selling*
H ® 3-16 premium ; New Orleans, bank, $1 59 per $1,000 pre
mium ; commercial, 75c. prem ium ; St. Louis, 90c. per $1,000
W A L L ST R E E T , F R ID A V , M A Y 27, 1 8 9 2 -5 P. M.
T he Money Market and Financial Situation.—There has premium; Chicago, 70c. per $1,000 premium.
foeen a. perceptibly stronger feeling in the market this week.
United States Bonds.—Quotations are as follow s:
The floods have subsided and it is found that there is still
Interest M ay M ay M ay
May M ay M ay
some of the Western country not washed aw ay; London is a
Periods 21.
23
24.
25.
26.
27.
better purchaser of “ Americans
the Atchison plan is well
. ..r e g . Q.-Moh. *100 *100 *100 *100 *100 *100
¡received ; Northern Pacific has friends again ; and the famous
Q .-J a n . *117% *117% 117% 117% 117% *117
Q .-J a n . *117% *117% *117% *117% *117% 117%
Richmond Terminal octopus has been referred to Messrs.
— reg. J. & J. *109 *109 *109 *109 -109 *109
Drexel, Morgan & Co. for treatment, and they have consented
--..r e g . J. & J. *111% *111% *111% *111% *111% *111%
....r e g . J* & J, *114 *114 *114 *114 *114 *114
to undertake it.
....r e g . J. A J. *116% *116% *116% *116% *116% *116%
....r e g . J. & J. *119 *119 *119 *119 *119 *119
Underneath all surface events, the U. S. money machine
'This la th e p rice bid at the m orning b o a r d ; no sale w as made.
goes on steadily working and turning out legal-tender notes
against the compulsory purchase of 4,500,000 ounces o f silver
Government Purchases o f Silver.—The following shows
monthly. This note is “ a legal tender at its face value, in the amount of silver purchased by the Government in May :
payment o f all debts, public and private, except when other
Ounces
Ounces
P rice p aid.
wise expressly stipulated in the contract.” A most important
offered. purchased.
clause in the terms of the note is the last one, which expressly P reviou sly rep orted ............ 5,818,600 3,386.832 $0-8710 @ $0-8865
510.000
recognizes the right of all parties to make gold contracts, and M“ay 2 3 .................................... 874.000
$ 0 -8835
2 5 ....................................
645.000
495.000 $0 8810 @ $0-8815
proclaims to the world that Congress passed the law o f July,
“
2 7 ...................................
$ ...... @ $ ......
‘ L oca l p u rch ases.................
"5 4 ,15 1 $ .......... a $ ..........
1890, with that distinct understanding.
‘ T otal in m onth to d a te.. 7,337,600
It will be a few weeks yet before we shall get any clear
4,445,983 $0*8710 ® $0-8865
ideas as to the final estimates of acreage on corn, cotton the follow in g week.
and spring wheat, but it is pretty well kno wn that there will
Coins.—The following are the current quotations in gold for
be decreased acreage in cotton. On the other hand, Ellison’s
various coins:
last monthly report of European consumption, dated May 12, S o v e r e ig n s ...___ $ 4 87 @ $ 4 91
Fine s liv e r b a r s ..
87% ® — 88
showed a considerable decrease in England and a smaller de N a p oleon s............ 3 83 @ 3 92 F iv e fia n o s ....... . . —.9 0 @ — 95
X X R e io h m a r k s . 4 75 @ 4 80 M exican d o lla r s .. — 68 @ — 70
cline on the Continent, though we may suppose that the fall 25 P eseta s............ 4 75 @ 4 85
D o un com m ero’ l ------- @ ---------ing off in England was due to the lock-out in that country. Span. D ou b lo o n s.15 50 @ 1 5 70 P eruvian s o l s ..... — 65 @ — 70
M ex. D o u b lo o n s.15 50 @ 1 5 70 English s i lv e r .... 4 80 @ 4 90
It remains to be seen whether the dull trade with the F in e g o ld b a r s ... par @14 prern. U.8. tra d e d ollars — 68 @ ------silver countries, India and China, will cause a continued re
State and Railroad Bonds.—Sales of State bonds at the
duction in cotton-spinning.
Board have included $21,000 Ala., Class “ A,” at 102%@103;
The industrial stocks are again more active as a class, and $10,000 do., Class “ B,” at 107; $12,500 Tenn. settlt. 5s at 102%
$21,000 do. 3s at
possibly there is some distinction to be drawn between those @103; $9,500 La. consol. 4s72%@73; $5,000 N. C. 6s, 1919, at
125%;
at 89.3 90.
•which seem to aim at a practical monopoly in certain lines of
Railroad bonds have been more active, and the Atchison in
business, relying also upon the tariff to help them, and those comes have been purchased freely at rising prices. The plan for
which are engaged in open competition against the world, their exchange into second mortgage bonds is apparently accept
here and abroad.
relying merely upon their own superior capital and business ed with favor both first, that the presentThe strongest points
about this plan are,
mortgage lien of the
prestige, without forcing market prices in any particular.
bonds for payment of their principal is to be preserved by a
The open market rates for call loans during the week on deposit of the bonds in trust, and, secondly, that in four years
stock and bond collaterals have ranged from 1 to 2 per cent, they will bear 4 per cent obligatory interest, having the right
this
the average being i% per cent. To-day rates on call were 1 to of foreclosure if interest is not paid. Without only plan, or
some other arrangement for raising capital, the
alterna
2 per cent. Commercial paper is quoted at 3@4 per cent.
tive for the managers seems to be to spend the earnings on
The Bank of England weekly statement on Thursday showed improvements, and the terms of the income bonds are very
•n increase in bullion of £488,000, and the percentage of re liberal in permitting such expenditures. Richmond Terminal
bonds have been active and strong on the request made by
serve to liabilities was 44-73, against 43*52 last week; the dis various interests to Drexel, Morgan & Co. to undertake a re
count rate remains unchanged at 2 per cent. The Bank of organization of the company. Mr. J. Pierpont Morgan is ex
France shows an increase of 13,475,000 francs in gold and pected to arrive from London next week. Reading bonds have
been dealt in steadily at stronger prices, owing to the further
1,D25,000 francs in silver.
advance in some grades of coal and the expectation o f a good
The New York Clearing-House banks in their statement of exhibit of earnings for April. Northern Pacific consol. 5s have
H ay 21 showed an increase in the reserve held of $4,723,600 been relatively weaker than the stock and sell at 76%, but
■and a surplus over the required reserve o f $19,555,975, against the Chic. & Northern Pacific 5s are better at 78.
$15,772,125 the previous week.
Railroad and Miscellaneous Stocks.—The tone of the stock
market has recently been stronger and prices are generally
higher than last week, though not all as strong to-day. The
1892.
D iffer en'sfrom
1891.
1890.
M ay 21.
Prev. week.
floods have subsided at the West and the granger stocks
M ay 23.
M ay 24.
have improved; Northern Pacific preferred, which was the
$
$
$
$
weak spot for a time, has recovered to 52%, and Richmond
‘C apital.................. 60,372,700
60.772.700 61.062.700
¡Surplus..... ........... 66,704,400
64.366.700 58,464,300 Terminal has advanced, owing to the request made to a prom
L oans and d isc’ ts 490.946.700 Deo.1,107,100 392,921,800 399.753.600 inent banking house to undertake its reorganization. Reading
«Circulation..........
5,751,300 I n c .
49,100
3,448,400
3,734,300
N et deposits......... 534.495.700 In c .3,759,000 391,205,400 406.357.600 securities are all firmer for the reasons above given as to the
*Bpeeie................... 101.171.700 I n c .2,066,000 61,889.300 75.930.700 bonds, and perhaps also from the additional fact that not a
L eg a l tenders. . . . 52,008,200 I n c . 2,657,600 41.129.700 29,180,000 single definite point has yet been made against the Reading
R eserve h e ld .... 153,179,900 I n c .4,723,600 103,019,000 105,060,700 combination, as the New Jersey veto was but a negative point
L e g a l reserve.. . . 133,623,925 I n c . 939,750 97,801,350 101,689,400 against a bill that was at best only supererogatory. Western
Union has been active lately, selling to-day up to 95% on
S u rplu s reserve. 19,555,975 in c .3,783,850
5,217,650
3,471,300 good buying. New York & New England on a pretty large
Foreign E xchange—Sterling bills were easier on a dull business declined to 37% and closes at 38%.
The so-called industrial stocks have been more active and
business, but rather firmer again to-day. London has been a generally advancing, but it is not possible to say anything of
better buyer of our securities, and some new loans have also their affairs except that there is more buying of them at one
been placed abroad. Actual rates for exchange are : Bankers’ time than another, whether on larger earnings or better finan
sixty days sterling, 4 86%<34 87; demand, 4 88@4 88V • cial propects the insiders only can say. National Cordage has
sold freely up to 114%, closing at the top figure; Sugar at
Cables, 4 88%@4 88%.
97% ; National Lead at 34%; silver certificates are dull at 87%#
C h icago Gas (quar.)......................‘ 1%
P eop le ’ s Gas, B rooklyn (quar.). . 1 l %
S outhern Cotton Oil......................1 2%
June 21 June 9 to June 21
June 1 5 -----------t o ------------June 10 May 26 to June 15
877
THE CHRONICLE.
May 28, 1892.]
NEW YORK STOCK EXCHANGE—ACTIVE STOCKS for week ending M AY 27, and since JAN, I , 1892.
H IG H E ST AND LOWEST PRICES
STOCKS.
Saturday,
M ay 21.
Monday,
M ay 23.
Tuesday,
M ay 21.
W ednesday,
M ay 25.
Thursday,
M ay 26.
Friday,
M ay 27.
Sales
o f the
Week,
Shares.
R ange o f sales In 1892.
Lowest.
Highest
A c tiv e B R . S to c k s.
33% 34% 91,079 32% M ay 21 46% Jan. 4
33% 34%
32% 34%
32% 33%
33% 34
323s 33%
A tch ison T op. & Santa F e ...
200
*4
5
4 Apr. 21
*4
5
5 78 Jan. 2
*4
5
*4
5
5
4%
4% I *4
A tla n tic & P a cific..................i
5,456 95% Mar. 9 101% Mar. 12
97% 97%
97% 97%
97% 97%
97% 98
97% 98
97% 97%
B altim ore & Ohio......... ..........
86% Mar. 22 94% Jan. 12
90
*89% 90% *89
*89
90
*88% 90
90
*38% 89% *89
Canadian P a cific.....................
3.805 58% Jan. 19 64% Mar. 5
59% 59%
59% 60
59% 59%
58% 59%
59% 59%
58% 59%
Canada Southern...................
7,370 111% Jan. 19 145 Feb. 29
140% 141% 140 140
Central o f N ew Jersey ........... 138 138% 138% 139% 138% 139% 139 142
150 30% Mar. 21 35 Jan. 4
*30% 31% *30% 31%
30.% 30% *30% 31% *30% 31% *30% 31
Central P a cific........................
3,936 22 May 20 28 Jan. 14
23
23%
22% 22 % 22 % 22 % 22% 23
22 % 22 % 22% 23
Chesapeake & O., vot. tr. cert.
706 59 Jan. 9 64% Jan. 16
*61
63
61% 63
61% 62
61
61
61
61% *61% 62
Do
do
1st p re f—
850 38% Jan. 9 43% Feb. 17
*42% . . . .
4 2 % .......
42
42
42
42
Do
do
2d p re f......... *40 ......... *41% 43
371 139 Feb. 4 152 M ay 23
149 149
148 152
148 152
C48 152
152 152
C hicago & A l t o n ......................
103% 103% 79,985 102% M ay 21 110% Jan. 28
C hicago B urlington & Quincy. 102% 103% 1102% 105% 102% 103% 102% 103% 103% 104% *62
100 62% Mar. 28 70 Jan. 2
64
64
64
64
*60
64% *62
*62
64
*62
64
C hicago & Eastern Illin ois.. . .
6,171 98 . Jan. 20 104 Feb. 11
100
101 % 100% 101% 100% 101% 100% 101% 1 01 1 0 1 %
Do
p ref. 1 0 0 1 0 0
77 % . 78 116,970 75% Apr. 2 83% Jan. 7
78
78%
77% 78%
77% 78%
76% 77%
77% 78%
Chicago M ilwaukee & St.Paul.
1,975 120% Jan. 19 12878 Mar. 5
124% 124% 124 124% 124 124% 124% 124% 124% 124%
Do
p ref. 123 124
119 120% 119 119% 119% 119% 119% 119% 17,761 11478Jan. 19 12178 Mar. 5
C hicago & N o rth w estern ....... 118% 119% 119% 120
200 141% Jan. 12 147% M ay 27
146% 146% 3147% 147%
Do
p re f.
77% 78% 130,285 77% M ay 27 94% Jan. 7
78% 79%
77% 80%
77% 79
78% 80%
77% 79
Chioago R ock Island & Pacific.
50% 50%
49
50% 14,050 44 Jan. 19 52% M ay 7
50
50%
50% 50%
50
51%
48% 49%
C hicago St. Paul Minn. & Om.
9 1 0 108% Jan. 20 123 M ay 23
121 123
121 121
121% 121% 121% 123
121 123
Do
p ref. 119 120
6,225 67% May 20 75 Jan. 7
68
68 %
68
68 % 68 % 68 % 6 8 % 68%
66% 67%
67% 68
C leve. Cincin. Chic. & St. L . . .
185 95 Jan. ) 5 99 Mar. 7
97% 97%
Do
p ref.
8,045 29% Jan. 19 40 M ay 13
37
37%
37% 37%
37
37%
36% 37%
37% 38
36% 37%
Columbus H ocking Yal. & Tol.
3,205 122% Jan. 8 149% Apr. 7
142% 143
1
141% 144% 142% 142% 142% 142%
142 142% 142% 143
Delaw are & H u dson ...........
158 158% 158% 159% 158% 159% 21,230 138% Jan. 19 167% Feb. 29
D elaware Lackawanna& W «sij 156% 156% 157 158% 1 5 7% 15 3
100 1678 Feb. 4 19% Jan. 2
17
18
*16% 17
17
17
*17
18
D enver & R io G r a n d e ............ *16% 18
2,562 45 Jan. 8 54 Mar. 9
50% 50%
51%
51
50% 51
50% 51%
51%
50% 50%
51
Do
p ref.
30
9% Jan. 7
*5
5%
5%
4% M ay 13
i5 %
*5
5%
*5
5%
*4%
5%
*4%
5
E ast Tennessee Ya. & G a.......
37
37
105 37 M ay 27 51% Jan. 11
35
35
*38
45
*38
45
45
*35
45
Do
1st p ref. *35
550 12 May 10 20 Feb. 29
13% *13% 14%
13%
*13
14
14
13% *13
13
Do
2d pref. *12% 13
925 x ll9 % J a n .l5 140% M ay 7
137 139% 136% 136% 136% 136%
5
......... 149
E vansville & Terre H a u te ...
460 119 Jan. 22 142 Mar. 17
125% 127% 125 127
127 127
4 2 5 127
126% 126% 126% 127
Great Northern, p ref..............
783 102% M ay 21 110 Jan. 5
102% 102% 1 0 1% 10 3
103% 103% 103 103% 102 102
102% 103
Illin ois C entral........................ .
200 10 May 26 15% Jan. 4
*10
10%
10
10
10%
*9% 10% *10
10% 10%
*9% 13%
Eowa Central............................
*40
44
400 39 May 23 56% Feb. 13
*41
44
39
39
39
39
39
40
*39% 45
Do
pref
24% 25
1,800 20% Jan. 19 27% Apr. 18
24% 24% *24% 24%
24%- 24% *24% 24%
24
24%
Lake E rie & W estern ..............
1,565 69% Jan. 5 80 A pr. 18
77% 77% *77% 78
77% 77%
77% 77%
77
77%
77
77
Do
p ref.
11,102 120 Jan. 19 140% Mar. 5
134% 134% 133% 134
Lake Shore & Mich. Southern. 131% 132% 132% 133% 132% 133% 133% 134
700 95 Jan. 18 103 Mar. 7
100 % 100 %
101 101
101% 101% 1101
1 01
4 0 1 102
L ong Islan d.............................. 101 102
75% 76% 29,858 71% Apr. 1 84% Jan. 2
75% 76%
75% 76% ' 75% 76%
75% 76%
75% 76%
L ouisville & N ash ville............
1,150 23% A pr. 4 31 Jan. 7
*24% 25% *24% 25
25
25
24% 24%
25
25%
24% 25
Louisv. New A lb. & C hicago..
133 134% 133% 134% 133 134*4 133 134% 133 133% 19,123 104 Jan. 2 134% May 24
Manhattan E lev ated ,con sol.. 130% 133
1,725 104 Jan. 20 116 Mar. 7
108% 108% 108% 108% 108% 108% 108 108
4 0 7 109
M ichigan Central...................... 4 0 7 % 110
*90 . . . .
92% Jan. 6 94 Feb. 1
*90 . . . .
*90 ......... *90 ........ *90 ___
M ilwaukee Lake 8h. & W est.. *90 ___
130 140
128% Feb. 24 135 Jan. 28
'130 ___
4 3 0 140
130 140
4 3 0 140
Do
p ref. 4 3 0 140
12 % 12 %
570
8 Feb. 25 14 A pr. 29
12% 12% 12 % 12 % *12% 13
12
12
12 % 12 %
M inneapolis & St. L ou is.........
2,400 18 Mar.
30 Apr. 3 0
29% 29% *29% 30
29% 30
29% 29%
28% 28%
28% 29%
Do
p ref.
1,010 15% M ay 19 20% Jan. 13
16% *15% 16%
16
16% 16^ *16
16%
16%
*15% 16% *16
Missouri Kansas & Texas —
28% 29
3,365 27 Apr. 4 33% Jan. 13
29
29
28
28% 29%
27% 28%
28%
28
28%
Do
p ref.
56
56% 33,147 54% M ay 24 65% Jan. 4
55% 56%
55% 56%
54% 56%
55% 57%
56% 57%
Missouri P a cific............ v.
109 34% Jan. 27 42% Jan. 2
*38
41
40
40
40%
*38
40
40% *37
*39
42
*38
Mobile & O hio...................
*85
87
85 Mar. 29! 90 Jan. 14
*85
87
*85
*85
87
*85
88
87
87
N ashv. Chattanooga&St. Louis *85
1,900 112% Jan. 19' 119% Mar. 5
L13% 114
114% 114%i
114 114%? 114% 114% 114 114
New Y ork Central & H udson. 4 1 3 % 114
* 1 6 % .........
153, 16% M ay 191 22% Jan.
*17
18
*16
17
17
*16
17
17
17
New Y ork Chic. & St. Louis .. *16
*72% . . . . .
72 M ay 19 81% Jan.
*72% 75
'72
75
74% *72% 75
*72
Do
1st p ref. *72% 75
‘Too 36% M ay 21 45 Jan.
* 3 6 % .........
*36% 38
*36
*36% 38
33
38
36% 36% *36
Do
2d p ref.
85,950 27% M ay 24¡ 34% Jan.
27% 28
28
28%
27% 28%
27% 2 8 1
»
28% 28%
New Y ork Lake Erie & West’ n 27% 28%
66
67
12,500 65 M ay 20 77% Mar.
67
67
65% 66%
65% 66%
65% 67%
65
67
Do
p ref.
37% 39%
37% 38% 38,350 36% Apr. 6, 59 Mar.
39% 39%
38% 39%
38% 39
38% 38%
New Y ork & N ew E n g la n d . . .
35 224 Jan. 15 250 M ay 2 5
250 250
245
250 250
*247 290
240
New Y ork New H av. & Hart.
4,909 18% Feb. 5 23% Feb. 11
18% 18%'
19% 19%
18% 19%
19
19
18% 19
18% 18%
New Y ork Ontario & Western
14% 14% 22,835 10% Jan. 4 15% May 2 4
14% 15
14
15
14% 15%
13% 15%
13% 13%
New Y ork Susquehan. &West.
64%
6,740, 41% Jan. 2 66 M ay 24
64
64%
64
63% 63%
63% 66
62
65
60% 61%
Do
pref.
*12% 14
13 May 10' 18 Jau. 4
14
* 12 %
*12% 14
*13
14
*12% 14
*12% 14
N orfolk & W estern----- 200 46% May 3 56 Jan. 4
*46% 47
47
47
*45
46%
47
46% 46% *46
*45% 47
Do
p ref.
8,170 18% M ay 14 26% Jan. 2
19% 20 % 19% 19%
18% 20
18% 18%
18% 19%
18% 19%
Northern P a c ific ......................
52% 53% 143,712 51% M ay 24 72% Jan. 2.
53%
53
51% 53%
52% 53
52% 54%
53% 54%
Do
pref
*20 .....
20% Mav 17 24 Jan. 5
*20 ...... *20
*20
* 20 %
*20%
Ohio & M ississippi.................
24% 25
300 19 Jan. 12 37% Mar. 2 3
25
*23
*23
25
*23
25
*22
24
*22
25
O hio S ou th ern ........................
84
80
80
1 1 0 79% M ay 24 91% Jan. 28
80
79% 79% *80
87
87
86
*80
Oregon R ’ y & N avigation Co *80
*22% 23%
651 22% M ay 16 33% Jan. 4
22 % 22 % *22% 24
23
23
23
23
23
23
Oregon Sh. Line& U tah North
1,150 17% May 27 22% Jan. 4
17% 18%
17% 17%
17% 18
*18
18%
18
18
18
18
P eoria Decatur & E vansville
60% 61% 215,800 38 Jan. 19 65 Feb. 11
59% 61%
60% 61%
59% 60%
59%
59% 60%
59
Phila. & R ead., vot. trust, cert.
24% 24%
290! 23 M ay 5 30% Jan. 5
24
24
*22
25
*22
25
24
*22
24
Pittsburg Cinn. Chic. & St. L. *22
13
60 Apr. 1 67% Jan. 5
63% 63% *62% 63%i
*62% 63%
63
63
63%
63% *62
Do
p ref. *62
100 39% Jan. 4 45% Apr. 29
*42
44
*42
44
*42
44
*42
44
44
44
44
iPitts. & W e s t, pref. tr. certs. *42
50,126
9% 10
7 M ay 17 11 A pr. 8
8% 10%
8%
9%
7%
8
8%
8%
*7%
7%
S ich . & W est P ’ t Ter’], tr. ree.
630 48 May 14 59% A pr, 8
54
54
53
53
54
57
47% . . . .
*49
Do
pref., tr. ree. *47%
100 36% M ay 26 41 Jan. 5
36% 3 6 1 *36% 38
»
*36% 33
36% 38
filo Grande W estern....... .
485 68 Feb. 26 74 Mar. 11
*71
73
72
72
71% 72
70% 72
72
72
Do
p ref.
400 110 Jan. 19 112% J&n. 4
111 111
110 % 111
111 111 * 110 % 111 * 110 % 111
R om e W atertown «feOgdensb. 110 % i n
310
7% May 24 11% Jan. 2
7%
7 7i
*7%
8%
8%
8%
7%
7%
*7%
8%
8
8
St. Louis S outhw estern.........
488 15% M ay 24 22% Jan. 2
15% 15% *15% 15% *15% 164.
15% 15%
16
16
Do
p ref. *15% 16%
400 42 -*43
45
Mar.' 26! 48% Jan. 7
*43
45
*44
46
44
46
*45
47
44% 45
4St. Paul & D uluth.....................
210 103 Jan. 19 107% May 28
107 107% *106 107%
107% 107% 105 107
4 0 5 107
Do
p ref. 4 0 5 107
355 112 Feb. 251116% Jan. 4
113% 114
113 113
113% 113% *113% 114
B t. P aul Minn. & M anitoba... 113% 113% 114 114
1,920 37 Apr. 5 41% Jan. 6
37% 37%
37% 37%
37
37% 37% 37%
37% 37% • 37% 37%
S outhern P acific C o.................
4,085
8% May 21 14% Jan. 4
9%
9%
9%
9%
9
9%
8%
9%
8%
9
8%
9
Texas & P a c ific ........................
1,300 23 A pr. ll 27% Feb. 3
24
23% 23% *23
23% 23%
k......... 24
23% 24
24
Toledo A nn A rbor & N. M ich. *23
100 46 Jan. 28 52% Feb. 13
*49 ......... *49
*49
*49
50
49
49
T oledo & Ohio Central............ *49
86
10 83 Jan. 12 88 Feb. 11
*82
86
*82
*82
86
82
82
85
85
*82
Do
p ref. *82
40% 41%
39% 40% 60,890 38% May 21 50% Jan. 4
39% 41%
38% 40%
40
40 % 39% 40%
U nion P a c ific ............................
1,780 16% M ay 25 25 Jan. 4
17
17
17
17%
16% 17%
17% 17%
17% 18 ' 16% 17
U nion P acific D enver & G u lf.
11
11
l .llO i 11 M ay 25 15% Jan
4
11
* 11% 11%
11
12
*11% 11%
11% 11% *11
W abash..................................
25%
9,120 24% M ay 21 33% Jan'1 4
25
25% 25%
24% 25%
24% 25%
24% 25%
25% 25%
Do
p ref.
31% 317< 17,940 30% May 21 40% Jan. 5
j
31% 32
31% 31%
31% 32%
32%
30% 31%
31
W heeling & Lake E rie............
74% 74%
1,107 73% Apr. 2 80% Jan. 4
74% 74% *74% 74%
74% 75%
75%
74% 74%
75
Do
p re f.
*15
16%
15% May 20 21% Jan. 4
16
16% *15
*15
16% *15
16
16
*15
W isconsin Central C o.............. *15
m i s c e l l a n e o u s S to c k .» .
6,970 32% Jan. 19 41% Apr. 18
38% 33%
38% 38%
37% 37%
37
37%
36% 37%
A m erican Cotton Oil C o.........
36% 37%
2,401 63% Jan. 19 80% May 2
75% 75%
75
75%
74% 74%
74% 74%
74%
74
Do
pref. *74% 75%
9 7 % 9 8 % 7 5 ,1 7 9 78% Jan. 19 101% M ar. 23
96% 97%
95% 96%
95% 97
94% 95%
Am . Sugar R e f. Co ................ .
93% 94%
97% 98*8 9 7 % 9 8 i 2 ,3 5 5 90 Jan. 19 99% Mar. 23
96% 97%
97
97
95
95
Do
p re f.
95% 95%
7 9 % 8 0 % 3 1 ,0 5 5 71% Jan. 2 82% May 9
80
80%
79% 80%
79% 80%
Chicago Gas Co., trust rec’ts.
79% 80%
78% 79%
30
3 3 i 7 ,2 2 0 28% M ay 24 39% Jan. 11
29
30
28% 28%
C olorado Coal & Ir o n .............. *28% . . . . . .
28% 28%
28% 28%
Consolidated Gas C o................ 114 114% 114% 114% 115 115% 115% 115% 115 115% 1 1 5 % ,115% 1 2,2 48 102 Jau. 15 116% M ay 13
4 7 % 4 8 I 2,885 44% Mar. 9 67% Jan. 7
47% 48%
48% 48%
D istillin g & Cattle Feed’ g C o .
48% 48%
47% 47%
48
48%
9.282 96% A p r. 7 113% M ay 13
III
112% 1 1 0 % 1 1 1 %
E d ison General E lec., tr. ree. 109% 110% 111% 112 %! 111% 111% 110% 111
112 113% 114% 114% 1 12 % 114% 17,744 92% Feb. 13 114 % May 2 6
N ational Cordage C o . . . . . . . . . 1 1 0 % 1 1 0 % 1 11 1 11% ! 1 1 1 % 112
112 % 114 I 18,026 100 J m . 4 115
May 26
107% 103% 108% 113% 114 115
Do
p ref. 105 105
106 10
11,752 30% Mar. 24 3 9 Jau. 4
3 4% 35
34% 35%
34
35%
N ational Lead C o . . . . . .
32% 32%
33% 34%
32% 32%
8 7 % 8 7%
4.283 81 *-¡ar. 24 87% May 26
87% 87%
85% 85%
86 i 87
84% 84%
Do
p ref.
85
85%
1 3% 1 3%
7,564 i 1 % M ay 18 18% Jan. 4
13% 13%
N orth A m erican C o....... .
13% 13%
13% 13%
13% 13%
13
13%
20
20 I
28
37 22% A pr. 22 29% Jan. 4
2 2 % 22 % *22
27
*22
27
Oregon Im provem ent C o . . . . . *22
*23
27
35
35
1,656 34 M ay 20 40% Jan. 4
31% 35
34% 35
34% 34%
34% 35
*34
34%
P acific M a il............................. .
5 5 % 5 6 % 43,000 52% Mar. 24 64% Jan. 18
56% 56%
56% 58%
* 5 6 % ___
57
57%
56% 56%
Pipe Line Certificates^
'1 9 6 % 199 %
197 197
682 184 Jan. 4 290% May 11
196 196
196 196
P oilman Palace Car C o.......... 196 196
*195 197
*87% . . . .
8 7 % 8 7 % 1 0 0 ,0 0 0 85% Mar. 2 8 1 95% Jan. 4
87% 83
Silver B ullion C ertificates_
_
88 % 88 % 83% 88% 87% 87%
41% 42%
41% 42%
6 ,5 1 0 40% May 21 50% Mar. IO
41% 42%
40% 41
40% 41
40% 41
Tennessee Coal & Iron ..........
108 108
M 06
1 12 I
2001 92
107 107
*106 112 *106 112
Do
pref *106 112
Feb. 23 108 A pr. 21
93% 94% • 9 4 % 9 5 % 3 5 ,9 8 i I 82 Jan. 19[ 95% May 27
92% 92%
92% 93%
92% 93%
93% 93%
Ojf istern Union T elegrap h . . .
* The£$ are the prices bid and ask e d ; ho sale m ade § Prices from both Exchanges, x E x dividend, i! Lowest is ex dividend.
878
THE CHRONICLE.
[Vol. LTV.
NEW YORK STOCK EXCHANGE PRICES (ContlnnedW VACTZPS STOCKS.
M ay 27.
I n a c t iv e S to c k s
U I n d ic a t e s u n lis ted .
Range (sales) in 1 8 9 1 .
B Atlroad Stocks.
..1 0 0 1 6 0
..IOC
..1 0 0 U 1
..1 0 ( ____
..IOC
30
..IOC I 43%
8 3%
45
..IOC
..1 0 0
. . 5 0 152
. 1 00
5%
..1 0 0
10
..1 0 0
..1 0 0 t 9 %
..1 0 0 t 26%
..1 0 0 ..........
.1 0 0
.1 0 0
5
.1 0 0
8%
.1 0 0
3%
93
.1 0 0
11
.1 0 0
.1 0 0
.1 0 0 .......
.1 0 0
.1001
.1 0 0 Î 2 2
P r e fe r r e d ..
F eb.
J an . Î 3 0 Jan .
M a y 1 02 J an .
3 2 J an .
Jan .
4 4% M ay
M ar.
85% M a y
F eb .
Jan .
5 0 % M ar.
7 % J an .
Jan.
32
! 85
25
6%
18
9%
27
..........
25% M ay
2 5 % M ay
8 % J an .
5 % M ar.
1 9% Jan .
2 0 Jan .
6 M ar.
1 0% M ay
14
F eb.
28
M ay
23% M ay
2 8 % A p r.
8 0 M ar.
8
7 Jan .
7 J an .
10
8 % A p r.
1 2 % J an .
3%
3% M ar.
4 % Mar.
9 0 M ar.
9 6 Jan .
12
14 Jan .
1 0 % A p r.
4
M ay
4 % M ay
_____
9
M ar.
14
Mar.
2 0 % F eb .
26
M ay
........
60 M ay
57
M ay
14% Jan.
1 00
7 7 % Feb. 1 0 0 A p r.
1 00
F eb . 1 1 2 % A p r.
. 50 100
. 251
.1 0 0
6
. 50
.1 0 0
.1 0 0
15
16
.1 0 0
8%
.1CM» 1 54 %
.1 0 0 1 70
1 75
.1 0 0
.1001 5 3 1 5 7
3%
143%
107%
1 15 '
8%
L52%
L64
7
1 48
p r e f ...............
N o p r ic e F r id a y ;
M ar.
5
1
J an . | 5 0
A p r. ! 1 1 1 %
M ay 1 26
M a y | 1 5%
F eb . 1 5 5
1
J an , 175
M a y | 17%
MayH ' 7 9
YORK
B id.
S E C U R IT IE S .
A la b a m a —C lass A , 4 to 5 . . . . . 1 9 0 6
C lass B , 5 s .................................. 1 90 6
Class C, 4 s ........................
1 90 6
C u rren cy fu n d in g 4 s .............. 1 92 0
A rkansas—6s, fu n d .H o l. 1 8 9 9 -1 9 0 0
d o. N o n -H o lfo r d
7s, A rk a n sa s C en tra l R R ..............
L ou isian a—7 s, c o n s ............, . . . 1 9 1 4
S ta m p ed 4 s . . . . ..................................
M issm iri—F m id ................1 8 9 4 -1 8 9 5
J an .
M ay
M ay
J an .
J an .
A p r.
A p r.
F eb.
F eb .
STOCK
EXCHANGE
A sk .
102
21,1892, is as follows.
S E C U R IT IE S .
B id .
100
90
W e omit two ciphers (00) in all cases.
Capital. Surfin».
9
2,000,0
2.050.0
2, 000,0
2, 000,0
3.000.
1.000. 0
1, 000,0
760.0
300.0
600.0
1, 000,0
300.0
400.0
200.0
600,0
300.0
1. 200.0
5.000.
5.000.
1,000,0
1,000,0
422,7
1,600,0
450.0
200.0
700.0
1, 000,0
500.0
600.0
500.0
750.0
600.0
500.0
1,000,0
1,000,0
300.0
1.500.0
2,000,0
260.0
3.200.0
2,000,0
300.0
750.0
500.0
1, 000,0
300.0
250.0
200.0
750.0
500, C
100.0
200,(
200,(
500.0
300.0
200.0
150.0
300.0
200.1
500.1
200,0
2 . 100.1
300.1
1 , 000,1
Richest.
1.933.0
1.647.4
976.2
1.948.6
0
2.101.7
461.7
2.530.9
184.1
6.723.7
139.3
1.661.5
302.2
421.2
157.0
548,9
68,3
506.4
2.213.3
0
3,437,2
0
1.643.5
1.035.0
438.5
960.1
833.5
318.7
584.7
1.722.9
316.3
440.1
264.1
781.0
119.8
246.5
1.229.4
277.6
414.0
5.416.8
2,913,7
133.8
l,747,6i
520.2
434.5
180.9
7.066.6
57,5
163.8
501.0
57<>,6
283.5
1,033,6
890.1
669.2
515.7
564.8
400,0
406.2
8 !4 ,8
685.6
257.4
189.2
344.6
170. t
785.9
122.8
L om e.
9
Specie.
14.380.0
12.771.0
8,574,9
9.716.0
18,116,4
5.876.0
14.271.3
2.899.1
24.182.3
4.023.0
6.221.4
1.771.2
2.440.0
1.196.4
3.352.8
l,6 t2 .9
3.556.4
18.528.0
20.616.4
6.036.8
8.884.8
2.833.9
13.886.4
6.407.4
2.224.6
5.892.2
17.926.6
3.360.0
2.871.2
2.958.8
4.268.8
2.160.2
2.968.0
9.208.5
5.760.5
2.249.7
2 8,0 3-,"
27,859,8
1.140.3
24.127.6
9.628.0
5.860.0
3.213.3
28.040.5
5.031.4
1.688.6
2.671.0
2.954.3
2.967.3
13.676.6
5,64 0,6
2.923.3
2.933.9
6.090.2
5.158.5
3.697.9
1.851.2
4.957.6
2.299.0
4.597.1
1,520,0
11,540,4
4,344 0
2.115.6
«6.704.4 K90,916.'
Legale.
$
9
2.580.0
4.423.0
1.593.0
1.687.0
2.579.0
1.022.0
4,657,8
637.8
6.956.6
560.9
1.701.2
321,b
256.0
174.6
659.9
447.6
. 128,4
2.045.0
2.207.7
I 164,2
1.591.7
514.4
1.446.3
940.7
274.0
655.7
1.570.0
865.0
1.173.8
933.0
1.239.6
873.0
1.084.0
187.6
1.826.6
639.2
798.5
218,4
320.0
112.7
547.3
80,6
413.8
2.649.0
2,607,2
382.7
1.319.8
534.3
2,614,7
9 » 1,8
348,2
866.9
5 .1 4 3 .0
7b3,l
345.7
488.5
395.7
686.6
260.8
469.0
707.6
618.7
258.1
276.1
561.0
455.0
1 760,1
322.0
l'614,2
217.8
’ 133,2
432.1
5.426.0 2 Ob 6,0
6 5e8,7 2*880,9
169.9
’ 149,4
5.552.7 2 005,7
I 64%U
’ 936,0
1’ 274,0
325.0
338.0
p o O
e 103,8 l 391,2
’799,4 l *223,8
’ ¿»02,2
214,5
190.0
665.0
360.1
1 000,1)
’ *t)ò,5
221.7
( 38,2
5 265,4
j ’ 149,0
’ ¿ 6 i,o
668.2
’ 190,3
619.1
473.7
t91,4
1 939,9
222.7
l ’ 637,7
’ 940,4
622.7
468,4
139.0
1.471.0
690.2
442.0
249.0
442.0
890.0
340.0
236.0
1.823.0 2,083,3
297.0
963.0
25s,0
478.8
Utt osila.
9
14.780.0
15.361.0
9,454,7
8.797.0
17,982,2
6.308.0
16.742.9
3.223.5
25.988.0
4.730.1
6.633.9
1,940 8
2.505.0
1.148.5
3.335.2
1.879.9
2.724.1
16.607.0
16.413.0
A sk.
S E C U R IT IE S .
B id .
S.C. (c o n t.)—B r o w n c o n s o l.6 s .1 8 9 3
T e n n e ss e e —6 s, o ld ..........1 8 9 2 -1 8 9 8
C o m ir o m is e , 3 - 4 - 5 - 6 8 . . . . . . 1 9 1 2
N e w s e ttle m e n t, 6 s ................ 191 3
5 s ........ . . ............................
1 91 3
5
3 s ................................................... 1 91 3
99% 100
V ir g in ia —6 s; o l d ....................................
1 2 3 % ..........
6 s, c o n s o lid a te d b o n d s ...................
6 s, c o n s o lid a te d , 2 d se rie s, re cts.
]% !
1%
6 s, d e fe r r e d , t ’ st r e c ’ t s, sta m p e d
A sk .
94
96
62
72
108
n o
1 02 % 1 05
72% 73
6%
9
New York City, Boston and Philadelphia Banks:
Capital <
x
Surplus.
Loans.
Specie.
9
127.077,1
127,077,1
127.077.1
127.077,1
127,077,1
ban ks.
On
Lowest.
PRICES.—STATE BONDS M A Y 2 7 .
N e w Y o r k —6 s , l o a n . . . ..............189 3
N o rth C arolin a — 6 s, o l d ............. J & J
F u n d in g a c t ............................... 1 9 0 0
N e w b o n d s , J . & J ___ 1 8 9 2 -1 8 9 8
C h a th am R R ........................................
S p e c ia l ta x ,.C la ss 1 . . . .....................
C o n s o lid a te d 4 s ....................... 1 9 1 0
6 s ..............................
1919
9 0 % R h o d e Is la n d —6 s , c o u . . 1 8 9 3 -1 8 9 4
S ou th C arolin a — 6 s, n o n -fu n d .1 8 8 8
New York Citj Bank Statement for the week ending May
Sank of N ew Y o r k ...
Manhattan Co...... ..
Merchants’ . . . . . . . . . . .
Mechanics’. . . . . ..........
America........................
Phenix.........................
City....... .................... .
Tradesmen’ s ..............
Chemical.............. .
Merchants’ Exchange
Gallatin N ational. . .
Butchers’ < Drovers'
fc
Mechanics’ & Traders
G reenwich....................
Leatnei M anufact’rs.
Seventh N ational.......
State of N ew Y ork ....
American Exchange..
Comm erce....................
Broad w as.....................
M ercantile..................
P acific........ .............. .
R epublic............. .........
Chatham.......................
P eoples’ ...................
North A m erica...........
H anover......................
Irving..................... ......
■Citizens’ ......................
N assau.......... .
Market & F u lton .......
Gt. N icholas___. . . . . .
Shoe & L e a t h e r .......
Corn E x c h a n g e ........
Continental...............
Oriental..___ , ____ ¡„.
Im porters’ & Traders’
P a r k ..........................
East R iv e r ..............
Fourth N ational.......
Central N ational___
■Second N ational.........
Ninth N ational...........
First N ational........
T hird N ational..........
N. Y. N at’l E xchange
B ow ery ........................
New York C o u n ty ....
Gei m an-A m errca n . . . .
Chase^ N a tional..........
Fifth A ven u e..............
German E x ch a n g e ....
Germania....................
United ¡states..............
L in co ln ..... ...............
G a rfield ........................
Fifth N ational..........
Bank of the M etrop...
W est S id e............. .
S eaboard................. ...
Sixth N ational....... .
Western N ational___
First N ational.R’klyn
Southern N ational_
_
\Ranqt <
salrs> vn 18- 2.
la te s t p rice th is w e e k
NEW
Bajnì- o.
iOs omitted.)
B id . ( A s k
St. J o s e p h & G ra n d I s la n d ..........1 0 0
9 J an .
9% J a u ,
40
St. L o u is A lto n & T . H ................. 1 0 0
37
3 2 % F eb.
40 A p r
160 1 28
!
Do
p r e f .............. 1 0 0 1 50
Mar. 1 50 A p r
S t. L . & S an F ra n . 1 st p r e f ........1 00
7 6% •Ian.
7 9 M ar.
S ou th C a r o lin a .........................
1 00
1 M ar.
4 % Jan..
27
T o le d o P e o r ia & W e s t e r n ........... 1 0 0
25
17% Jan .
26
M ay
21 %
T o le d o St. L o u is & K . C i t y f l ............I 2 1 %
8 1« Jan .
26
F eb.
35
V ir g in ia M id la n d ............................ 1 0 0
35% M a y
38% F eb.
m is c e lla n e o u s S to c k s .
1 48
A d a m s E x p r e s s ............................... 1 0 0 1 45
1 4 3 % A p r. ¡150 J a m
49
A m e r ic a n B a n k N o te C o ff.................
47
43
F eb.
4 5 % M ar»
A m e r ic a n E x p r e s s ......................... 1 0 0 1119% 120 1 16
F eb. 1 2 0 M a y
A m . T e le g r a p h & C a b le .............. 1 0 0 î 85
80 Jan .
8 6 A p r.
A m e r ic a n T o b a c c o C o ., p r e f .. 1 0 0 i 98
96 J an .
993s F eb.
B r u n s w ic k C o m p a n y ................... 1 0 0 ..........
8 M ay
1 4% F eb .
88
C h ic J u n e. B y . & S to c k Y a r d s .1 0 0 t 8 7
72 A p r.
88
M ay
P r e fe r r e d .......................................i o o ..........
8 0 % Jan .
86 M ay
106** 9 4 % J an . 1 06 % M ay
C itiaens’ G as o f B r o o k ly n .... 1 0 0 105%
C olu m b u s & H o c k in g C o a l........ 1 0 0 ..........
12 M ay
1 8% tia r .
C o m m e rc ia l C a b le ........................ 1 0 0 1 50 % 1 59
143 Jan. 157 A p r.
29
C o n so l. C oa l o f M a ry la n d ............1 0 0 28
26
F eb.
2 8% M ar»
E d is o n G e n E le c t r ic ....................1 0 0 ........
8 8 % Jan . 111% M a y
L a c le d e G a s ...................................... 1 0 0 i 2 1 %
1 7% A p r .
2 4 % Jan .
62
61
Do
p r e f ............................ 1 0 0
5 7% M ar.
6 4 J an .
22
L e h ig h & W ilk e s . C o a lfl.....................
18
20 F eb.
25
Feb.
26 I 2 3 % F eb .
M a ry la n d C o a l................................ 1 0 0 23
27
M ar»
M in n e so ta I r o n ............................ IOO .........
74% M ay
82 J a n .
N a tio n a l L e a d C e rts. IT............... *.100|t 20%
1 1 8 % .J «n .
2 1 J an .
N a tio n a l L in s e e d O il C o ..............1 0 0 f 31%
27 Jan.
32
F eb.
N a tio n a l S ta rch M fg . C o ..............1 00 3 3%
3 2 % M ay
46% F eb.
N e w C en tra l C o a l.............................1 0 0 9
11
10
M ay
1 1% F e b .
O n ta rio S ilv e r M in in g ................... 1 0 0 38
3 7 % A p r.
4 5 % J an .
P e n n s y lv a n ia C o a l....................... 5 0 2 8 0
2 75
F eb . 2 7 5
F eb.
P. L o r illa r d Co. p r e f . . ..................1 0 0 ..........
114
F eb. 1 1 8
J an .
P o s ta l T e le g r a p h —C a b le ll................
60
62
3 7 Jan.
5 4 M ar».
Q u ic k s ilv e r M in in g ......................... 1 0 0 3 %
4
3% M ar.
4 J an .
P r e fe r r e d .........................................i o o 17% 21
16
M ar.
22% J a n .
T e x a s P a c ific L a n d T r u s t ..........1 0 0 _____ _____
1 3% M ay
15% M a r.
U . S. E x p r e s s .................................... 1 0 0
}
0 I...........
4 4 5 A p r.
5 4 J an .
W e lls ,F a r g o E x p r e s s ...............1 0 0 1 1 4 5 |i'47
1 4 0 Jan . 1 47
M ay
F eb .
1 60
1 25
1 00
31
3 5%
78%
36
7%
1
2
Do
165
1 65
Ì5 0
M ay 2 7 .
I n a c t iv e St o c k s .
If I n d ic a t e s u n lis te d .
Highest.
Lowest.
B id . j A sk .
(f Indicates actual sales.)
$
491,926,8
493,078,2
493.886.7
492,053.8
490,946,7
9
1060826
1054860
1002954
99,105,7
1011717
64,642,9 164,333,3 11 713,9
64,642,9 166,476.5 12 119,3
64,642,9 168,520,8 11,907,1
35,793,7 101,141,0
35,793,7 100,763,0
35,793,7 101,026,0
Regals. Deposits.T Oirc’l’rt Olsanntt.
$
48,949.3
48,494.8
47,469.1
49,350.6
52,008,2
$
533,995,7
535,778,0
531.824,0
530.736.7
531,495,7
9
5.676,8
5,705,9
5,739,2
5,702,2
5,751,3
9
735,584, O’
628,244 3
774 996%
741,500,7
721.310, G
5,797,8 102,642,4 4,358,4 103.587,2
6,033,0 156,139,4 4,371.1 101,976,1
6,113,9 15d|tf61y i 4,357,5 9 8 ,9 0 6 .»
40,959,0
40,569,0
40,805,0
116,089.0 3,372,0 79 527,5
116,333,0 3,358,0 64 097,8
116,004,0 3,361,0 74,092,2.
. ' W e omit two ciphers in all these figures. + Including, fo r B oston and P h ils
ie lo h ia . the item “ due to other banks.”
Miscellaneous and Unlisted Bonds.—Stock Ex. prices.
M t a c e lla n e n u s B o n d s .
M i s c e l la n e o u s B o n d s .
5 .5 3 3 .0
Am er. W ater W o rk s —
1st, 6s.
P eop le’ s Gas & C. »1 st g. 6s. *103%b*
10,806,6
1st cons. 5s, g .......................
Co., C hicago— J 2d g. 6s, 100 b3.608.0 Cahaba C ia l M n.—1st g. 7s.. 108 b.
Pleas. V a lle y Coal— i st g. 6s, * 98 %b*
16.003.0 Ch. Jun. < S.Yds.—Oel.t.g.,5s
£
P rocter < Gam ble—1st,g.,es, It 6 b
fc
7,013,4 C oloiado Fuel—Gen. 6s.........
S ecurity Cor. 1st con., g., 6 s ..
98 a»
3.281.3 Col. & H o ck . Coal & I.—6s, g,
96 b. W estern U nion T e le g’h--7 s
b.
5.907.6 Gonsol’n C o a l-C o n v e rt. 6s.. G04 D. W h e e l.L .E .& P .C o a l-lst,g .5 s 114 a»
84
20,197,4 Cons.Uas Co..Chic.—1st gu.5s
92 %a.
U n lis t e d B o n d s .
3.399.0 Denv.C. « at. w ks.—Gen.if.6a
Ala. & V icks.—C onsol, ¿s, g ..
90 b .
3.568.1 E dison E lec. 111. Co.—l « t 5s. Ì03**a.
V ick s. & M erid., 1st 6s.......
3.252.0 E quii able G. & F.—l* t 6s___ 100 %b. Atlanta <S Chari.—1st 7s........ 100 b»
4.686.2 H nderson B ridge—1 -t g. 6s. 1 07 b.
Com stock T unnel—Xno. 4 s ...
17 b ,
2.299.7 H o oken Land < Im p.—«.5s.
fe
Georgia Pacific—1st 6 s.......... 100 %b3.660.0 Mutual Lnion*Teleg.—6s g .. *107%b,
Con ml. 6 g .............. ........... ..
54 %b.
8.926.3 N ational Siari h M fg —
lst,6s.
99 %b.
Incom e 6s..........
..........
13 b.~
6.930.2 N orthwestern T elegrap h—7s *104 b.
L iitle B . & M.—1st 5 g . . . . . . .
72 b .2.195.3 p eoria W ater Co.—6 , g
100 b.
Mem. & Charleston—Con.7 g. 118%b
29.599.0
N o t e .—“ 5” in d ica tes o r ic e bid; “ a ” o r ic e asked.
* L a te s t p r ic e th is week.
33,166,7
1,025,2
Bank Stock List—Latest prices o f bank stocks this week.
26.746.3
10.820.0
ban ksT
BANKS.
BAiNAC),
B id. A s k .
B id. A sk.
-O U A s k
A.
6.372.0
4 ,-lib,3 A m erica....... 210 216
Gallatin........ 310
N ew Y o r k ... 238 242,
28.313.4 1 Am. E x o h ... 165 ItiO
Garfield......... 400 _____ N .Y . C ounty. 605
5.966.2 B o w e ry ........
German A m . 122
N .Y .N a t.E x . 130
l,b8ö,8 B ro a d w a y... 28 j "
German E x .
N in th ............ 112 119
3.074.0 Butchs’ & JUr. lo ó
Germ auia___ 330
l » t h W a r d .. 17o . . . . . .
3,8b8,3 C entral___ _ 135 140
G reenw ich.. 150
N. A m erica.. 165
2.644.9 C h a se .......... 450
H a n o v e r....... 345 350
O rie n ta l....... 230
18,966,3 C hath am . . . . 420 423*' iHud. R iv e r .. 145
P a c ific . . . . .. DO
6.085.0 C hem ical___ 4400 4800 'Im . & T rad’s’ 605 625
P a r k .............
325
3 .6 1 6 .2
Irv in g ............ 180 200
C ity .. . . . . . . . . 450 485
32 &
3.748.2 Citizens’ . . . . . 158 165
L eath er M fs ’ 240 260
P h e n ix ....
122 130
7.9 .6 .0 Colum bia___ 250
L in c o ln . . . . . . 410
P rod u ce E x . 128% 135
6.260.7 C om m erce... 192 % 184
M anhattan... 185 190
R e p u b lic ___ 172
i80
4 .8 8 5 .9
Continental . 134 136
M a rk e t* Ful 2 t0 230
S e a b o a rd . . . . 176 180
2 .1 2 8 .8
Corn E x ch ... 260
M ech a n ics’ .. 189
325
6 ,4 3 8 , 6
D e p o s it..... 114 117
M ’ch s’ tfc T rs ’. 180 20 S eventh........ 125
2 .0 0 9 .0
aSast R iv e r ., 155
M erca n tile... 225 235
S hoe& Leatb. 155 Ì65
6 .2 7 9 .0
i lt h W ard ...
M erchants’ .. 149
160
St. N ich ola s. 129 150
1.560.0 Fifth A v e ___ 20Ù0
M erch’ts E x . ix7
State o f N .Y . 115 116%
13.14 0.4 F ifth..............
M etropolitan
9% 12
T hird ............ 102
4 .5 2 9 .0
F irst............. 2500
M etrop olis... 400
Tradesm en’ s. 110 115
1 ,9 0 3 ,6
First N., 8 . 1 . 109
L ni, d States 200
M t. M orris .. 275 300
14th Street. 170
i M urray H ill. ___
W e ste rn ....... 121 124
1011717 52,003 2 534 ^95,7 Fourth . . . . . . 2 0 4
pkNassail__. . . . 165 I .. ...
WftHt Ride.
.........
BOSTON,
PHILADELPHIA AND BALTIMORE STOCK SXCHANOES.
g p
Active Stocks.
V Indicates unlisted
Saturday,
M ay 21.
S h a re P r ic e s — n o t P e r C e n tu m P r ic e s .
M onday,
May 23 .
33% 34
Atoh. T. A S. Fe (B oston). 100 32% 33%
4%
*4
*4 .
Atlantic A P ac.
“
100
97%
97
Baltim ore A Ohio (B a lt) . 100
130 . . . . . * 130 ----*
1st preferred
“
100
120 130
2d preferred
“
100
204% 205
.Boston A Alto any ( Boston) .100 204% 205
B oston A L ow ell
“
100 .........179% * 178 179
180 183
B oston & Maine
“
100 178% 179
17%
Central o f Mass.
“
100 ” 16% 17 1 17
38
39%
37% 37%
P referred
“ 100
Uhlc.Bur. A Quin.
**
100 102% 104% Is
77% 78%
Ohio. MU. A S t.P . (P h il.). 100 76% 77%
55
*53
Chic. & W. Mich. (B oston). 100 *52
6
*5%
6%
*5%
Cleve. A Canton
“
100
* 2 0 % 22
P r e fe r r e d .... ■ “
100 *20%
..... 90% 91
F itchburg pref.
“ 100 *89%
24
24
FI. A P ere Marq.
**
100
*83% 84
84
84
P referred
“ 100
*35%
35
35
S u n t. A Br. Top. (Phila ) . 50
Preferred
“
50 *54% 5478
58% 59
587s 58%
Lehigh V alley
“
50
132% 132%
L31
Maine Central (B oston). 100 *128
*17 .........
17
17
M exican Central
“
100
38% 38%
38% 38%
N Y. & N. Eng.
“
100
* 8 0 % .........
84
84
P r e fe r r e d ....
“
100
69
69
Northern Central (B a lt.). 50
18% 19%
18% 19%
■Northern P acific (Phila.) .100
53
54%
53% 54%
Preferred
“
100
181 181
Old C o lo n y .. . . <Boston) . 100 182 182
55
55
5478 55
P ennsylvania,. (P h ila .). 50
*36 . . . . . .
Philadel. & Erie.
“
50
Phila. A B eading
“
50 29*te 29% 2 91 % « 3 03 1«
*5%
6%
Summit B ranch (Boston).“ 50
40
40%
88% 40
Union Pacific
“
100
228% 228%
United Cos. o f N. J. ( Phila.) 100 *228%
*8
8%
*8%
8%
WesternN. Y . APa (P h ila .). 100
M is c e lla n e o u s S to c k s .
9 3 78 94%
Am. Sug’ rRefin.if ( B oston)----95% 95%
P referred .........
“
...
«Bell T elep h on e..
100 208 208
43% 44
Boat. A M ontana
“
25
12
12
Butte A B o sto n ..
“
25
*267 270
Calumet A H ecla
“
25
Canton Co........... (B a lt.). 100
54
54%
Consolidated Gas
“
100
45
45%
B rie Telephone (B oston ). 100
18% 18%
Lam son Store Ser.
“
50
¿Siehi’h CoalANav 'Phil./ 50 *52% 52%
N. Eng. Telephone (B o s fn ) 100 *52%
13% 13%
North A m erican. (P h il.).100
65% 65%
Themson-H’n El. .(B ost’n) 25
30
30%
P referred.............. “
25
West E n d L a n d ..
“
. . . . *19% 19%
* Bid and asked p n oes; ne sale was
Inactive Stocks.
Bid.
P rices o f M a y 27.
MISCELLANEOUS.
Ask.
32%
*4
99
W ednesday,
M ay 25.
33%
99
.........130
205 205
179 179
181 184
17% 17%
39
39%
102% 103%
77% 78%
53
53
6
*5%
* 20 %
91% 91%
*24
25
*83% 84
*35%
54% 54%
58% 59
132% 132%
16% 17
39%
39
83
83
69
69
18% 18%
51% 53%
180 181
55
55%
37
37
2 9 ’ Bie 30%
*5%
6%
39% 40%
228% 230
8%
8%
32% 34%
*4
97
*96
133 . . . .
....... 130
205 205%
179 179
18 0 % 1 8 1
17% 17%
39
40
102% 103%
77% 78%
53
53
6
*5%
* 20 %
91%
91
25
84
35% 35%
*54% 54%
59
59
16%
39%
*31
16%
39%
84
18% 19%
52% 53
181 181
54% 55
*37% 38
30%
30
6%
39% 41
228% 230
*8
8%
Thursday,
May 26.
Frio ay,
Mas 27.
Sales
o f the
W eek,
Shares.
R ange o f sales in 1892.
Low est.
8
1 9 ,1 5 0 78% Jan.
9 7 % 98
96% 97%
95% 96%
3 ,5 1 7 90% Jan.
9 7 % 98
97% 98
96% 97
4 1 4 192 Mar.
2 08
2 08
207% 208
207% 208
6 ,1 4 8 31 Feb.
4 5%
45
44
44
43% 43%
1 ,6 5 0 10% Apr.
1 2 % 13
12% 12%
12
13
89 353 Feb.
270
270
274 274
270 275
20 60% Jan.
71
*69
70
70
*68% 71
2 ,9 4 6 43 Jan.
55% 55%
55% 55%
55% 55%
3 4 9 43% Jan.
*45
45% * 4 4 % ......... *45
2 09 14% Feb.
*19%
*18% . . . .
*19 ..
1 ,5 4 9 48% Jan.
52% 53%
52% 52% *KQ
52% 5 2 7(
104 50% Feb.
* 5 2 % .........
......... 53
►
1 ,9 4 4 12 May
*13% 13%
13% 14
13% 13T
(
8 75 4 i% Jan.
66% 66%
67
67
* 6 6 % 6 6%
1 ,2 1 5 26% J»n.
29% 30
30
30
30
30
3 ,1 4 6 16% Jan.
19% 20
20
20
19% 19%
Inactive stocks.
Bid.
10
3
27%
Ask.
15
3%
28*2
A t .T o p .JsfLF.^So-yrîl!g ?,?9 8 9 , J A J & 82% 83%
57% 57%
1 0 0 -y e a r in c o m e 5 g ., 1 9 8 9 .S ept.
B u rl. A M o. R iv e r E x e m p t 6 s , J A J
N o n -e x e m p t 6 s ............. 1 9 1 8 , J A J 116%
P la in 4 s . . . . . . . 1 . . . . . . » . 1 91 0 , J A J
C h ic. B u rl. A N o r. 1 s t 5 ,1 9 2 6 , A A O 1104% iÖ4%
104
2 d m o rt. 6 s . . . . . ..........1 9 1 8 , J A D L
D e b e n tu r e 6 s ............... 1 8 9 6 , J A D ¡102%
94
C hic. B u rl. A Q u in cy 4 s . .1 9 2 2 , F A A
93
I o w a D iv is io n 4 s ........1 9 1 9 , A A O
C h io.A W .M ioh . gen . 5 s, 1 9 2 1 , J A D 1 98%
C on sol, o f V e rm o n t, 5 s .1 9 1 3 , J A J 1 96%
C u rren t R iv e r , 1st, 5 s ..1 9 2 7 , A A O
D e t. L a a s. A N o r’ n M. 7 s . 190 7 , J A J
E astern 1 st m o rt. 6 g ., 1 9 0 6 , M A S
F re e .E lk . A M . V .,1st, 6 8.1933, A A O
U n s ta m p e d 1st, 6 s ----- 1 9 3 8 , A A O
91
K .C .C . A S p rin g., 1 st,5 g .,1 93 5 , A A O
K . C. F . 8. A M. c o n . 6s, 1 9 2 8 , M A N >107 107%
K .C . M em . & B ir.,1 st, 5 s ,1 92 7 , M A S
K.
C. St. J o . A C . B ., 7 s .. 190 7 , J A J
L . R o c k A F t. S ., 1st, 7 s . . 190 5 , J A J
L ou is. ,E v. A S t.L ., 1 st,6 g .1 92 6 , A A O
94
2 m ., 5 —6 g ............... ..1 9 3 6 , 4 .& 0
M ar. H . A O u t., 6 s . . . ’..1 9 2 5 , A A O
E xtern 6 8 . . . . . .............. 1 9 2 3 , J A D
69% 70
M e x ica n C en tra l, 4 g . . . 1 9 1 1 , J A J
34%
1 st o o n s o l.in e o m e s , 3 g, n on -cu m .
17%
2 d c o n s o l, in co m e s , 3s, n o n -cu m .
N. Y . A N .E n g ,, 1 st, 7 s , 1 9 0 5 , J A J 118%
1 st m o rt. 6 s ....................1 90 5 , J & J ,109%
2 d m o rt. 6 s ................... 1 9 0 « , F A A 101 %
2 d m o r t .,s ca le d , 5 s . ..1 9 0 2 , F A A
O g d eu . A L. C., C o n .6 s .1 9 2 0 , A AO§
I n c . .............................................
R u tla n d , 1 s t, 6 s ............. 1 9 0 2 , M AN ¡110
2 d , 5 s .............................. 1 8 9 8 ,F A A (100
I
112
A tla n t ic C ity 1 st 5s, g ., 1 9 1 9 , M A N
B e lv id e re D e l., 1st, 6 s . . 14)02, J A D
C ata w issa , M . ,7 s .......... 1 9 0 0 , F A A
C har. C in .A C h ic .ls t 5 g , 1 9 4 7 , Q—J
C lea rfield A Jeff., 1st, 6 s . l 9 2 7 , J A J
C on n e ctin g . 6 s ..........1 9 0 0 -0 4 , M A S
D e l. A B ’ d B r’k , 1 st, 7 s . 1 9 0 5 ,F A A
E a ston A A m . ls t M .,5 s . 1 9 2 0 , M A N
E lm ir. A W ilm ., 1st, 6 s .1 9 1 0 , J A J .
H u n t. A B r’ d T o p , C on. 5 s .’95, A AO
L eh ig h N a v . 4 % s ............ 191 4 , Q—J
2 d 6 s, g o l d ......................189 7 , J A D
G en e ra l m o r t. 4 % s, g . 1 9 2 4 ,0 —F
L eh ig h V a lle y , 1st 6 s ...1 8 9 8 , J A D
2d v s ................................ 1 9 1 0 , M A S
C on so l. 6 ......................... 1 9 2 3 , J A D
N orth P e n n . 1 s t, 7 s ----- 1 8 9 6 , M A N
G en . M. 7 s .......................1 9 0 3 , J A J
P en n sy lv a n ia g e n . 6 s, r ..l 9 1 0 , V ari
[. Couv»1. 6s. <
•
. . . . 1 9 6 5 . V ar
1 Last price ttis week.
Highest
38% 34% 62,444 32% May 211 46% Jan. 4
33% 34%
4 Mar. 9
5% Jan. 5
50
*4
4%
4%
4%
19 84 Jan. 6(100% Mar. 15
*97
98
97
97
130 Jan. 12 135 Feto. 15
135 137
116 Jan. 18 120% Mar. 9
120 ...... 120 123
98 199 Jan. 8 209 Mar. 9
205
206 206
2 1 5 173 Jan. 5 179 M ay 9
179% 180
179 179
1 ,8 7 5 159 Jan. 28 184 May 24
179% 180
179 180
351 15% A pr. 12 18 Jan. 8
17% 17%
*17% 18
4 .2 4 7 33 J an. 2 40% M ay 26
39% 40
39% 40%
103% 103% 1 4 ,1 1 8 102% M ay 21 110% Jan. 28
103% 104
77% 78% 1 7 ,3 0 0 75% Apr. 2 83% Jan. 7
78% 78%
Feb. 25 55 Mar. 31
7 5 48
*52% 54%
5% Feb. 171 8 Feto. 12
6
*5%
6
"5 %
Feb. 20 23 Jan. 4
' " 5 0 19
*20% 21
21
21
5 74 81% Jan. 19 92 May 13
90%
90
91
91
5 24 M ay 3¡ 28% Mar. 25
25
10 75% Fel». 13 87 Apr. 6
84
84
84
3 25% Jan. 27 37% Apr. 19
3 6 % 3 6%
35%
1 46% Jan. 21 55% May 5
54% 54%
r64% 54%
6 ,9 4 2 50% Jan. 13 62% Feto. 11
59%
5 9 % 6 0%
59
120 112 Mar. 14 137% May 17
1 ,2 2 5 16 M ay 6 24% Jan. 4
17
17
17
17
3 ,8 3 1 36% Apr. 6 58% Mar. 3
3 7% 3 8%
39%
38
56 75 M ay 4 114% Jan. 9
*80%
82
82
16 68 Jan. 19 69% Mar. 16
70
*69
6 ,8 8 0 18% May 21 26% Jan. 5
1 9% 1 9%
19% 20
5 2 % 5 3 % 4 1 ,3 9 4 51% M ay 24 72% Jan. 2
53
53%
141 164% Jan. 5 187 May 11
186
1 85
182 183
2 ,7 8 2 54% May 5 57% Jan. 2
5 4 % 55
55
55
5 0 6 32 Jan. 29 40% Mar. 3
36% 37%
3 0% 309i. 1 0 2 ,9 8 7 193». Jan. 19 34% Feb. 11
30%« 30%
7 Feb. 15
5 Mar. 29
6%
*5%
4 0 % 1 0 ,5 1 3 38% May 17 50% Jan. 4
40
40% 41%
Apr. 25
3 4 x223% M ar 24 230
*228% 230 *228% 2 3 0
8 Jan. 19 10% Feb. 18
200
8%
*8
8%
%
T h om .E u re p .E .W e ld ir (B oston) 1 00
W a te r P o w e r . . . . ........
r
1®®
“
50
81% W e stin g . E l. tr. ree.K
9 0 e 112
AU ouez M in in g ..........(B o sto n ). 25
11 %
11
A tla n tic M in in g .........
“
25
80
75
C ity P a ssen g er K R . . . (B a lt.). 25
32% 32%
B ay S tate t ia s .............. (B oston ). 50
5%
-B o s t o n L a n d ...............
“
10
C en ten n ia l M i n i n g ...
“
10
12 % 12 %
F ort W a y n e E le e t r ic f
“
25
15%
15
F ra n k lin M in in g ........
“
25
5%
5
FreH ckm ’ n ’s-B a yL ’ n d
**
5
H u ro n M in in g ..............
“
25
¡ I llin o is S t e e l f .............
“
1 00
1 2 % 13%
K ea rsa rge M i n i n g ....
“
25
M et. T ra o. C e ................ (P h ila .)___ t i l l
M orris a n a l gu ar. 4 . (P h ila .). 1 00
P re ie rr e d gu ar. 1 0
“
1 00 203
33%: 34
O sceola M in in g ............(B oston ). 25
197%
Pullm an P a la c e C a r ..
“
100 197
Q u in cy M in in g ............
“
25
166
T a m a ra ck M i n i n v ....
“
25 162
■ T h o m s o n E le. W eld’ s .
“
1 00
t A na accrued interest.
Tuesday,
M ay 24.
95% 96%
94% 95%
96% 97
96
96
207% 208
207% 208
42% 48%
43% 43%
12
12
*1 2
12%
274 274
267 270
r......... 71%
*69
71%
55% 55%
53% 54
45
45%
45% 45%
19
19
18% 19
52% 52%
52% 52%
52% 53
*......... 53
13% 13%
13% 1S%
66% 67
6 6% 6 6%
29% 30
30
30
19% 20
19% 20
made.
A tla n ta A C h a rlo tte (B a lt.).1 0 0
253
.B oston A P ro v id e n c e (B oston ). 1 00
27
C a m d en A A ta n tie p f . (P h ila .). 5 0
9%
“
50
C a ta w is sa .....................
1 st p r e fe r r e d ..........
“
50
59
2 d p r e fe r r e d ...........
“
50
55
v e n tr a l O h i o , , . . . . . . .
(B a ll.). 5 0
C h a ri. C ol. A A u g u sta
“
1 00
C on n ecticu t A P a s s . (B oston ). 1 0 0 121% 123
sO on n ectieu t R i v e r . ..
“
1 00
D ela w a re A B ou n d B r .(P /it i« .).1 0 0 165
H a r .P o r ts .M t.J o y A L .
“
50
45
K an. C y F t. 8. A M em . (B o sto n ). 1 0 0
115
.P r e f e r r e d . . ................
“
100
15
K . C ity M em . A B ir m .
f*
100
70
69
L ittle S ch u y lk ill........ (P h ila .). 5 0
M a n ch ester A L a w .. (B oston ). 1 0 0
M a ry lan d C e n t r a l....
(B alt.) 5 0
71
’M in a H ill A S. H a v e n (P h ila .). 5 0
53%
N e s q u e h o n in g V a l....
“
50
N orth ern N. H ............. (B o sto n ).1 0 0
85
84
N orth P e n n s y lv a n ia . (P h ila .). 50
22 % 2 3%
O regon S h ort L i n e . . . ( B o sto n ). 1 0 0
P a r k e r s b u r g ....................
(B alt.)
50
48
■^Pennsylvania A N . W . (P hila .) 5©
R a leig h A G a s t o n . . . .
(B alt.) 100
4%
3%
R u tla n d ........................
(B oston ). 1 00
70% 7 2
P r e fe r r e d ...................
1 00
S e a b o a rd A R o a n o k e . (B alt.) 1 0 0
1 st p r e fe r r e d .............
*•
1 00
7 5 % 76
• W estE n d ....................... , (B o sto n ). 5©
89% 8 9%
P r e fe r r e d ..................
“
50
60%
W est J e r s e y ................... (P h ila .). 5 0
19
W est J e rs e y A A tla n .
“
50
16
12
W estern M a r y la n d ..
(B a lt.). 50
W ilm . C ol. A A u g u s ta
“
1 00 110
v ilm in g t’n A W e ld o n
W
“
1 0 0 110
15% 16
W iscon sin C e n t r a l... (B oston ). 1 00
42
P r e fe r r e d ............... .
“
1 00
-W orc’s t.N a s h .A R o ch .
“
. 1 00
1 D n ls c-a .
fc79
THE CHRONICLE.
Mat 23, 1892.1
102%
1 13
117
118
117
1 29
110
Ï2 Ô '
103
H I
112
101%
116
134% |....
130% 131
110
1 29 %
129
1 29
125
124
101% Mar. 24
100 Mar. 25
210 Jan. 15
45% Apr. 18
17% Jan. 5
281 Mar. 21
70 May 26
57% M ay 17
47 Jan. 7
21 M ay 12
55% Feb. 15
53 Feb. 29
18% Jan. 2
67% May 13
30% May 16
20% M ay 10
Bonds,
Bid. Ask.
P e n n a . C on sol. 5s, r ......... 191 9 , V a r 113%I
C olla t. Tr. 4 % g ............1 91 3 , J A D 111 I
P a . A N . Y . C an al, 7 s . . . 1 9 0 6 , J A D 127 1
112% 116
C on sol. 5 s .................................. 1 9 3 9 , A A O
106 ¡106%
P e rk io m e n , 1 st s e r., 5 s . 191 8 ,
P n ila .& E rie ge n . M . 5 g .,1 9 2 0 , A & O 112%' .........
G en. m o r t., 4 g ............ 1 9 2 0 , A A O 100%, 102
89%i 90
P h ila & R e a d , n e w 4 g ., 1 9 5 8 , J A J
78
1 st p re f. in e o m e , 5 g , 1 9 5 8 , F e b 1
69% 70
2d p r e f. in co m e , 5 g , 195S , F eb. 1
62
3 d p r e f. in c o m e , 5 g , 1958. F e b . 1
104 104%
2 d , 7 s .......................................... 1 8 9 3 , A A O
135%
C on sol, m o r t. 7 s ...........1911, J A D
C on sol, m o rt. 6 g .......... 1 91 1 , J & 5 120
I m p r o v e m e n tM . 6 g ., 1 89 7 , A<sO 106
C o n .M .,5 g .,s ta m p e d ,1 9 2 2 ,M A N 103%
P h il. W ilm . A B a lt., 4 s . 191 7 , A A O
117%
P itts. C. A St. L ., 7 s . . . . 1 9 0 0 , F A A 117
65.
63
P o ’k e e p sie B r id g e , 6 g - l 9 3 6 * F & A
109 109%
S ch u y l. R . E . Side, 1 s t 5 g .1 9 3 5 , J A D
S te u to e n .A In d .,ls tm .,5 s .l9 1 4 , J A J 107
102
U n ite d N. J ., 6 g .......................... 1 89 4 A A O
W a rre n A F ra n k .,1 st,7 s,1 8 9 6 ,F A A 107%
B o n d s .— B a lt im o r e .
T tT
A tla n ta A C h a ri., 1st 7 s, 1907, ^ AJ 120 121
95
93
In e o m e 6 s . ...........—
B a ltim o r e A O h io 4 g ., 1 9 3 5 , A A O 100% 101**
P itts . A C on n ., 5 g - .- 1 9 2 5 , F A A
.........
S ta ten Isla n d , 2d , 5 g -1 9 2 6 , J A J 101%
B a l.A O h io S .W .,ls t,4 % g . 1 99 0 , J A J 106% 107
99 100
C a p e F .A Y a d .,S e r.A .,6 g .l9 L b , J A D
98
97
S eries B ., 6 g .................
97 ,100
Opr’i AC 0 . 6 £ .mmmmrnmmmm 1916« J (feii
C ent. O h io, 4 % g . . . . . . . . 1 9 3 0 , M A S 101 1. . . . . .
C hari. Col. A A u g . I s t 7 s . l 8 9 5 , J A J 103 ¡104%
G a . C ar. A N or. 1 st 5 g . . 1 9 2 9 . J A J 10 i% 105
N orth . C ent. 6 s ................ .1 9 0 0 , J A J 1 14% 116
0 S......................
« . . . . 1 9 0 4 , J « J 117 l - . - . i .
111 112%
S eries A , 5 s ............................-1926,. J & J
41^8 ...............................1 9 2 5 , A A O 1 0 6 % '......
O x f. A C la rk . ,in t. g u ., 6 g .l9 3 7 ,M A N _____ 1..........
P ie d m .A C um ., 1 st, 5 g .1 9 1 1 , F & A . . . . . J - — . .
P itts . A C on n ells. 1 st 7 s . 1898, J A J 115% 116
V irg in ia M id ., 1 st 6 s . . . 1 9 0 6 , M AS 115 1117 %
2 d S eries, 6 s ....................1911 MAS 113% 114
109
3 d S eries, 6 s ..................1 9 1 6 , M AS 107
80
4 th S eries, 3 -4 -5 s .— 1 92 1 ,
99 100
5 th Seriep, 5 s ................1 9 2 6 , M A ?
W e st V a . C. A P . 1 st, 6 g .1 9 1 1 , J& J 1093sk 110%
■ 1 ......
W est’ *. N.C. C onsol. 6 g .1 9 1 4 , J A J
W ilm . C ol. A A u g ., 6 s .. 1910, J A D 119 121
MISCELLANEOUS.
B a ltim o re —C ity H a ll6 s . 1 9 0 0 ,Q—J
F u n d in g 6 s ..................... 19©p,
W e st M aryl’ d R R . 6 s . .1 9 0 2 , J A J
W a te r 5 s ....................... 1 91 6 , M AN
F u n d in g 5 s ....................191 6 , MAN
E x c h a n g e 3 % s . . ...... i 9 6 0 , J A J
V irg in ia (State) 3 s , u e w 1 9 3 2 , J AJ
C h esap ea k e G a s ,6 s .. . . .1 9 0 0 , JJcD
C on sol. G a s, 6 s . . . . . . . , ,.1 9 1 0 , JAL>
5 s ............. ..................... ..1 9 3 9 . J A J
E q u ita b le G a s. 6s — 1 9 1 3 , A A O
115
115
117
123 123%
122% 1
124
1 0 1 % 1 02
73 %! 75
110
1110%
115
115*8
102% 103
110
880
THE CHRONICLE.
(Tot, LIT,
NEW YORK STOCK EXCHANGE PRICES (Continued).—ACTIVE BONDS M AY 2 7, AND FOR YEAR 1892.
BÌTT.HOAD
and
Olos’ ng R ange (ta le e ) i n 1892,
M is c h i * B onds Inter’ si P ric e
P eriod . M a y 27
Highest.
Lowest.
R a il b o a d
and
Olos’ ng Range (s a le s ) i n 1 8 9 2 .
M is c h i * B o n[DS. Inter* st P rie s
d s,
P er io l . M a y 27
Lowest.
H ighest
A m e r . C otton O il, d e b ., 8 g .1 9 0 0 Q - P
111% 1 0 7 % J a n . 1 1 2 A pr.
M obile A O h io >27 J & D 1 1 7 %
1 1 2 F eb. 1 1 8 M a y
A t.T o p .& S .F .— 1 0 0 - y r .,4 g .l 9 8 9 J A J 8 4 %
84% M ay
8 1 % F eb .
38 M A S 6 5%
6 1 % A pr.
67% Jan .
1 0 0 -y e a r in c o m e , 5 g ........ 1 98 9 Sept.
5 7%
6 6 % J an .
53 M ay
13 J A J 1 29 %b. 126% Jan. 1 3 0 M a y
A tL A P a c .— G u ar, 4 g . . . . l 9 3 7
71 % b. 7 1 % M ar.
7 4 J an .
28 A A 9 1 0 5 %
1 03 % Jan . 1 0 6 F e b .
W .D . In c., 6 s . . . . . . ............ 1 91 0 J A J 12 %
1 4 % J an .
N .Y . C e n tra l10% M ay
93 M A ¡I 1 0 1 %b. 1 01 % M a y 105 M a r.
B r o o k l’ n E le v a t ’ d 1 st, 6 , g .1 9 2 4 A A O 1 1 6 b. 1 11 J an . 118 M ar.
03 J A J 1 2 7 b. 1 2 3 % J an . 1 2 7 % M a y
C an. S ou th .— 1 st g u a r., 5s 190 8 J A J 1 0 8 b. 105 % Jan . 108% M a y
0 4 M A 8 108 %b. 107% M ar. 1 1 0 F eb .
2 d , 5 s ...................................... 191 3 M A S 101% b. 1 00 M ar. 1 04 % F eb .
N. Y . A H a rle m —7 s, res
0 0 M a :*í 1 2 0 %b. 1 20 M a y 1 2 3 % A p r.
C en t. G a .— 8 & W . 1 st co n .5 s ,’ 29
7 5 b. 7 1 A p r.
8 5 F eb.
2 2 A & 10 *113 b. 111 % A p r. 115 F e b .
R . W . & O g d .— C on ., 5s'.
C en tra l o f N . J .—C o n s .,7 s .1899 Q - J 1 1 7 b. 115 J an . 1 17 % M ar.
T Y . C hic. & St. L .—4 g . .
.
3 7 A A 0 9 7% b . 95 Jan .
99
F eb.
C o n s o l., 7 s ........................... 1902 M A N 1 21% b. 1 2 0 J an . 1 2 3 % M ar.
N . Y . E le v a te d —7 s .............
06 J & r 1 13 % b . 112 Jan . 1 1 4 F eb .
G e n e ra l m o rtg a g e , 5 g . . l 9 8 7 J A J 1123s
1 0 9 % J a n . 1123s F eb .
N . Y . L a ck . & W .— 1 st, 6 s.
2 1 J A r l 2 8 b. 1 2 5 Jan . 1 2 9 M a y
L eh . & W .B ., c o n ., 7 s, as’ d .1 9 0 0 Q—M 1 1 2 % b . 1 0 9 % J an . 113% M ay
23 F A i 1 1 1 0 b. 1 1 0 Jan. 1 10 % A p r .
d o . m o r t g a g e , 5 s . . . . ..1 9 1 2 M A N 1 0 0 a. 9 4 J an . 1 01 % M ar.
20 M A 3 *138 b. 134% Mar. 1 38 % F eb.
A m . D o c k A I m p ., 5 s ___ 1921 J A J *109 b. 1 0 5 % J an . 1 0 8 % M a y
9 3 J < i 9 1 06 % b . 0 4 % Jan . 1 0 6 % M a y
fe
C en tra l P a cific—G o l d ,6 s ..1 8 9 8 J A J l l l % b . 1 0 9 % J an . 1 12 M a y
35 A & ( ) 12 0 %b.
1 21
F eb.
C hes. A O h io—M o r t., 6 g . . l 9 1 1 A A O 1 15 b. 1 14 % A p r. 1 19 F eb .
59 J & I ) 1 0 8 %
0 6 % J an. 1 09 % M a y
1 s t c o n s o l .,5 g ....................193 9 M A N 1 04% a. 1 0 3 % Jan . 1 07
A p r.
N . Y . O nt. & W .14 M &
1 1 2 % b.
116 J a n .
83
G en . 4 *28, g ......................... 199 2 M A S
8 1% A p r.
8 4 78 M a y
39 J & I 107 %
J an ; 1 0 8 % M a y
A J 78%
ft .& A .D iv .,ls t c o n .,2-4 g. 198 9
7 6 J an .
79 M ay
37 J A . 1 05 % b .
J an . 105 5g A p r.
A J 7 8 % b . 7 5 % J an .
do
2d c o n ., 4 g . . . 198 9
7 9% M ar.
LO A A C 1 17 b.
A p r. 1 19 M ar.
C h ic. B u rl. & Q.—C o n .,7 s . 1903 J A J 12538b. 1 21 % J an . 1 25 % M ay
11 M & í 10 0
98
A p r. 101 A p r.
D e b e n tu r e , 5 s ....................1 9 1 3 m a n 103 %
1 01 Jan . 1 0 5 % A p r.
90 J & . * 9 6 % a . 93
96% M ay
A p r.
C o n v e r tib le 5 s.................... 1 90 3 M A S 1 1 2 a. 1 0 7 % M ar. 1 1 4 J an .
ti J A . 9 4 a. 91
F eb .
95 Jan .
D e n v e r D iv is io n , 4 s ........192 2 P A A 9 3% b . 9 1 % F eb .
93% M ay
21 J & , H 8 % b. :
Jan . 118 % M ar.
N eb ra sk a E x te n s io n , 4 s . 192 7 M A N
89%
8 8 % M ar.
9 1 % A p r.
53 A A t 1 1 3 b. :
1 1 6 % M ar.
C h ic. A E . 111.— 1 s t,s .f ., 6 s .1907 J A D 1 1 7 %
1 1 2 % J an . 1 1 8 % M ay
57 J A L 1 09 % b . :
1 11 A p r.
C o n s o l., 6 g ........................... 193 4 A A O 121 % 1 20 % A p r. 1 22 % J au .
59 J & I
76%
76
M ar.
80% Jan,
G en era l co n so l. 1 s t ,5 s . . 193 7 M A N 101 %
9 7 J an . 1 0 4 A p r.
tO A A C 787 6 % A p r.
82
F eb;
C h io a g o & E r ie — 1 st,4 -5 g .1 9 8 2 M A N 102 %
9 7 % J an . 1 0 4 % A p r.
N orth. P a c . & M o n .¡8 M A £ 9 5 b. 9 4 % M a y 1 0 3 F e b .
I n c o m e , 5 s ........................... 198 2 O ot’ b ’r 51
4 8 Jan.
5 3 % F eb .
!N orth . P a c . T er. Co.
¡3 J A J* 1 0 7 % a . 1
J an . 1 08 % A p r.
A
C h ic. G a s L . A C.— 1 st, 5 gJL937
93%
8 6 J an .
94 M ay
O h io A M iss.— C ons. 1
> J A J 1 15 a . l
8
J an . 1 13
A p r.
A
C h ie .M il.& S t .P .—C o n .7 s .1 9 0 5
1 3 0 b. 1 2 5 % Jan . 1 31 M a y
18 J & J 1 1 5 a. 1
M ar. 1 1 4
M ay
A
1 st, S ou th w est D iv ., 6 s .190 9
1 1 7 b. 1 1 2 % Jan . 1 1 6 % A p r.
21 J & D 1 1 0 %b. 1
J an . 111 % M a y
A
1 st, 8 o. M in. D iv ., 6 s . .. .1 9 1 0
1 17 % b . 1 1 3 % J an . 1 1 7 78 M a y
21 M A N 6 2 1 #
62" Jan.
6 6 78 M ar.
A
ls t.C h .& P a o .W .D iv ., 5 s .1921
1 1 0 % b . 1 0 6 J an . 1 1 0 78 M ay
7 J & J 6 2% b . 6 2 % A p r.
64
M ay
A
C h ic. A M o .R i v .D i v ., 5 s . 1 92 6
104% b. 100% Jan. 104% M ay
O re g o n Im p . Co.
1.0 1 % J a n . 1 0 4 % F eb .
0 J & D 10 2 %
A
W is. & M inn . D iv ., 5 g .,1 9 2 1
1 03% b. 1 03 Jan. 108 M a y
9 A & 0 64
6 4 A p r.
71% Jan.
A
T e rm in a l, 5 g ....................191 4
1 07 % b. 1 0 3 Jan . 107 % M a y
9 J & J 1 1 0 % b. 1.09 % Jan . 1 1 1 % Mar..
A
G en . M ., 4 g . , series A . ..1 9 8 9
9 0 % b . 8 6 % Jan .
91% M ay
5 J & D * 9 5 a. 9 0 M a y
96
F eb .
A
M11.& N o r.— 1 st, c o n ., 6 s .1913
1 1 6 b. 1 1 1 % Jan . 1 15
A p r.
P a . C o.—4 % g ., c o u p o n .
1 J A J ,1 0 8 %
1
J an . 1 0 8 % M a y
C h ic. & N .W .—C on sol., 7 s . . 191 5 Q - F
139%
1 37 F eb . 1 4 2 A p r.
**60. D e c . & E v a n s V.—6 j
O J & J 106%
A p r. 1 1 0 F e b .
1
C o u p o n , g o ld , 7 s ................190 2 J A D 1 23 b. 1 23 % Jan . 1 2 7 % M a y
E v a n s v ille D iv ., 6 g .
0 M & S 10 2 b, 1
A p r. 1 08 Jan-.
S in k in g fu n d , 6 s ................ 192 9 A A O *115 b 1 1 6 Jan . 1 20
M ar.
6 M A N 6 9 %b. 6 9 M ay
7 1 % M ar.
S in k in g fu n d , 5 s ................ 1929 A A O 1 0 9 % b 1 0 5 % M a y 1 09 % F e b .
8 J & J 90
8 3 % J an .
90 F eb.
S in k in g fu n d d e b e n ., 5 s . 1933 M A N 1 06 %
1 05 A p r . 107 % A p r.
8 F eb .
78
6 9 % F eb .
79 F eb;
2 5 -y e a r d e b e n tu re , 5 ___ 1909 M A N 103% b, 1 03 % M a y 1 0 7 M ar.
8 F eb .
69%
5 3 % F eb.
72 F eb.
E x t e n s io n , 4 s .................... 1 92 6 F A A 9 8 b, 9 6 J an . 1 0 0 % J an .
61%
8 F eb .
J an .
6 7 F eb .
C h ic. P e o . & St. L ou is— 5 g .1 9 2 8 M A S 101
96
M ar. 1 01 A p r.
7 J & J 85%
85% M ay
C h ic. R .I . & P a c.—6s, c o u p .1917 J A J 1 2 6 b. 1 2 1 J a n . 1 2 6 % A p r.
5 J A J 1 09% b. 1
1 12 J a n .
E x t e n s io n a n d c o l . , 5 s . ..1 9 3 4 J A J 1 03 %
1 0 1 % Jan . 1 0 4 % M a y
6 A & 0 7 8 b.
A p r.
85 F eb;
3 0 -y e a r d e b e n t. 5 s........... 3931 M A S
9 5 b. 9 5
Jan .
98% F eb.
7 F & A 8 7 %b.
M ay 100 F eb;
C h ic. S t.L .& P itt .-C o n .,5 g . 1932 A A O 1 0 6 b . 1 0 5 J an. 1 1 0 M a y
4 M A S 59%
72% F eb;
C h ic. St. P . M . & O.—6 s ___1 93 0 J A D 1 2 4 b. 1 2 0 F eb . 1 2 4 % M ay
9 J & J 81%
82
M ay
C le v e la n d A C a n ton —5 . . .1 9 1 7 J A J 91 % b. 8 8 J an .
9 3 % M ar.
5 M A N 9 6% a .
M a y 1 00 Mar».
C. C. C. & I .—C on sol., 7 g .1 9 1 4 J A D 1 35 % b . 1 2 8 % J an . 1 3 5 % M a y
4 J A J 1 07 b. 1
, A p r. 1083s J a n ;
G en era l c o n s o l., 6 g ........ 193 4 J A J 1 2 2 b. 1 18 % J an . 1 2 2 % M ar.
2 F & A 1 0 2 % b. 1 <
F eb. 1 0 4 % Jan *
C .C .C .& S t.L .—P e o .& E . 4 s . 1 94 0 A A O 8 1 a. 7 9 % A p r.
83
F eb.
7 M & N 107%
1
tM ay 109% F eb .
I n c o m e , 4 s . . . ...... .............. 1 99 0 A p r il.
28
2 8 % A p r.
3 4 % Feb.
7 J A D 1 08 % b . P
Jan . 1 09
M ar.
C o l. C oal & Ir o n —6 g ..........1 90 0 F A A 9 9 %
9 9 M a y 1 03 % J an .
L A A O 85%
8 6 % Mar*
C o l. M id lan d —C on ., 4 g . . 1 94 0 F A A 71 a. 7 0 M ar.
7 4 Jan.
3 M & N 1 1 1 b. 1
1 1 5 A p r*
O o l.H .V a l.& T ol.—C on.,5 g.1 9 3 1 M A S
97%
8 7 % Jan .
97% M ay
3 M & N 1 1 1 b. 1 J
M a y 1 1 5 A p r.
G en era l, 6 g .........................1 90 4 J A D 1 05
9 3 Jan . 1 05 M a y
. J & J 110
l(
110 % M a y
D e n v e r & R io G .— 1st, 7 g .1 9 0 0 M A N 11538b. 1153Ô M a y 1 19
A p r.
i M & N 69
7 2 % Jan .
1 st c o n s o l., 4 g ................... 1 93 6 J A J 8 4 %
7 7 % Jan.
84% M ay
»J & J 30%
£
M ay
3 7 % J an .
D e t. B . C ity & A lp en a —6 g . 1913 J A J 7 6 b. 7 0 J an .
80
F eb .
1 M & N L16%b. 1
119
M ar.
D e t. M a c.& M .—L ’d g ra n ts .1 9 1 1 A A O 4 2 %
3 6 A p r.
43% M ay
: J A J L 2 %b. i :
2
123 M a y
D u l. So. Sh. & A tl.—5 g ___ 193 7 J A J 104 % b . 9 5
M ar. 1 0 3 % M a y
do
r e d u c e d to 4
J & J L02%
£
J an . 1 0 3 A p r .
E . T e n n .Y & G .—C on ., 5 g . 195 6 M A N
93 % b. 9 0 M ar. 1 00 F eb .
fo n ta n a E x te n s io n , 4 i
J & D 89% b. £
t Jan .
89% M ay
K n o x v ille A O h io, 6 g . .,1 9 2 5 J A J 9 9 %
9 9 % M a y 1 0 8 J an .
S an A . & A ra n . P .— 1st, 6 f
J & J ............ e
Apr
75 M ay
E liz . L e x . A B ig S an .—6 g .1 9 0 2 M A S
95 b
81
M ar.
97 M ay
} J A J ............ 6
J an .
66
M a r.
E t. W . A D e n v . C ity— 6 g . . l 9 2 1 J A D 1 04
9 8 % J an . 1 0 5 M a y
S eattle L .S .& E .
F A A "9 5 % a . 8
A p r.
96
M ay
© a l.H .& S a n A n .-W .D iv .ls t ,5 g. M A N
96
9 5 % M ay
9 8% A p r .
1 .............. I0 7 % b . 1C
A p r.' 108 % M ar.
H a n . A St. J o s .—C ons., 6 s .1911 M A S 1 1 7 %
1 1 5 A p r. 1185g F eb.
1
A p r.
22 Jan.
I llin o is C en tra l—4 g ............195 2 A A O 100%
9 6 % J an . 1 02 % F eb.
So.
> J A J * ’1 0 4 b . 10
F eb. 106 A p r.
J ffit. A G t. N o.— 1 st, 6 g ___ 1 9 1 9 M A N *129 b. 118 J a n . 1 29
Mar.
A A 0 : 1 4 b. 11
1 1 6 M ar.
C o u p o n , 6 g ., tru s t r e e .,1 9 0 9 M A S
7 6 J an .
8 2 J an .
1 st, c o n s o l.; g o ld , 5
A & O .00 %
£
1 0 2 M ar.
I o w a C en tra l—1st, 5 g ........ 193 8 J A D
93
89% Jan.
9 6 F eb .
J & J 0 5 b. 1C
106% A p r.
K e n tu c k y C entral— 4 g ___ 1 98 7 J A J 8 5 %
81
Jan.
85% M ay
A A 0 94 b. 8
F eb.
9 6 M ar.
K in g s C o. E l.— 1 s t, 5 g ___ 192 5 J A J 100
9 7 % F eb. 1 00 J a n .
B irm . D iv.,
J A J 9 8 b. £
J an .
98 M ay
L a c le d e G a s—1 st, 5 g ..........191 9 Q—F
84%
8 0 M ar.
8 5 % M ay
T e x . & P a o .J A D
85
7
.85% M ay
L a k e E rie A W est.—5 g ___ 193 7 J A J 1 1 3 % b .| l0 7 % J a n . 111 % M ay
M aroh . 3 0 b . 2
F eb.
3 4 % M ar.
L . S h ore— C on. cp ., 1 st, 7 s .1 90 0 J A J 1 22 b 1 2 0 Jan . 1 2 2 % A p r.
M & N 97%
9
104 F eb .
C o n s ol, c o u p ., 2 d , 7 s ........1903 J A D 1 2 5 b. 1 2 1 % F eb . 1 2 6 M a y
J & J 0 7 % b . 10
106% M ay
L o n g Is l’ d — 1 st, c o n ., 5 g . . l 9 3 1 Q - J * 113 % b . 1 13 A p r. 1 1 5
F eb .
J A J 81% b. 7
J an .
8 1 7s M a y
G e n era l m o rtg a g e , 4 g . . l 9 3 8 J A D
97
91 J an .
97 M ay
j a d : 0 0 % b. 9
J an . 1 0 0 % M a y
L o u is. & N ash.—C ons., 7 s .189 8 A A O 1 1 3 %
1 1 1 % A p r. 1 1 5 F eb .
U nion P a crflcJ A j ] 1 4 %b. 11
5 Ja n . 113 % M a y
N .O . A M ob . 1 st, 6 g ........ 1 9 3 0 J A J 1 20 % b . 1 1 7 % J an . 1 2 1
M ay
M A 8 ] 0 6 % b . 10
M ar. 1 1 0 % F e b .
do,
2 d , 6 g .......... 19 30 J A J 1 1 0 % b . 1 08 Jan . 1 1 0 % A p r.
:M & N 7 0% a .i 7
M ay
74% Jan.
G e n era l, 6 g ......................... 1 93 0 J A D 1 1 9 % b . 1 15 % J an . 1 1 9 % M a y
F < A 95
fe
19
M ay 100 Jam
U n ified , 4 g ......................... 194 0
A J 8 1% b . 7 8 % Jan .
8 1 % A p r.
M & N ] 0 9 % b . 10
F e b . 1 1 1 % A p r.
N a sh .F l.& S h .— 1 st g td .5 g .’ 37
A A 1 01 b. 9 8
F eb . 101 J a n .
M A N i 0 9 % ,10
i Jan . 1 1 4
A p r.
L o u is . N .A . & C h.— 1 s t ,6 s . 1910
A J I I I 2 b. 1 0 8 % J an . 1 1 2 A p r.
O r e g o n S h ort L m e F & A ] 0 1 b. 1 0
M a y 1 08 J a m
C o n s o l.,6 g ........................ 1 9 1 6
A O 101 %b. 9 9 A p r. 1 03
F eb.
O r.S .L .& U t’h N .—C<
A & O 7 3 % b .i 7
A p r.
83% F eb.
L o n is . St. L . A T e x a s —6 g . 191 7
A A 9 2 b. 8 7 % Jan.
963s J an .
J A D 74% b. 7
77% Jam
: M ay
M e tro. E le v a te d —1st, 6 g . 190 8
A J 1 18 % b . 1 1 3 % Jan . 1 1 9 % M a y
M A N 1 1 3%
J an . 1 1 5 % A p r .
11
„ ? d , 6 s .................................. ..1 8 9 9 M A N 3 0 8 b. 1 0 5 % J an . 1 0 9 % M ar.
M & N 80
85
F eb.
7
M ich . C en t.—1 s t ,c o n .,7 s ..1 9 0 2 M A N 122
1 21
M a y 1 2 4 % A p r.
do
87
F eb.
s ta m p e d g u a r . M A N 8 0
7<
C o n s o l., 5s ........................ 19 0 2 M A N i*11 0 a, 1 0 6 % M a v 1 0 8 % A p r.
1 07 A p r .
M A N 1 05%
10.
M iL L a k eS h . A W .— 1 s t ,6 g . 1 92 1 IM A N 1 2 5 % b . 1 2 3 J an . 1 2 7 % A p r.
85 Jam.
F & A 83%
7Í
E xtern & Im p ., 5 g ..........192 9 ÌF A A 1075s
50 Jan .
1 0 4 % M ar. 108 % Jan .
J & J 4 4 a. 4 1
M . K . A T .—1 st 4 s, g ......... 1 9 9 0 'J A D
82%
7 9 % Jan .
105% M ay
W est 8 h o re —Guai
101
83 M ay
J & J 105%
_ 2 d 4 s , g ................................1 9 9 0 F A A 5014
4 6 % J an .
W est. N. Y . A Pa.
54% Jan.
Jan . 1 05 M a y
J & J 1 93%
9£
M o. P a c ific — 1st, c o n ., 6 g .1 9 2 0 M A N ‘ 1 0 6 b . .1 0 7 ____. 1 0 9 % A p r.
__.
J an
35% F eb.
3J
A & 0 34
S d ,7 s ..................................... 1 9 0 6 M A N 1 1 2 % b . 1 1 2 % Jan . 1 1 6 J an .
W est. U n. T e l.—C ol. t r .,5 s . 1 93 8 J A J 1 0 5 % b . 1 0 0 % Jan . 1 0 5 % M a y
P a c . o f M o .— 1st, e x ., 4 g . 1 93 8 F A À i 9 8%
97
M ar. 1 0 0 Jan.
9 1 % b . 9 0 . M ar.
93% Jam
W is. C ent. C o .—1st, 5 g .......1937, J A J
___2 d e x te n d e d 5 s . . . . . . . . 1 9 3 8 J A J 1 0 7 b. 1 0 2 % Jan. 107 % A p r.
M ar.
42% Jan,
I n c o m e , 5 g . . ...................... 1 9 3 7 1
.............. 3 4 a. 3 6
N oth
“ b ” in d ica te s p r ic e bid ; “ a ” p r ic e a s h e d ; th e R a n g e is m a d e u p fr o m a o tu a l sales o n ly .
* L a te s t p r ic e th is w e e k .
NEW YORK STOCK EXCHANGE PRICES—(Continued).—INACTIVE BONDS—M AY 27.
S E C U R IT IE S .
B id .
A sk
S E C U R IT IE S .
B id .
A sk .
S E C U R IT IE S .
B id .
A sk .
Railroad Bonds.
B . A O. S. W ., 1st. g ., 4 % s . ..l 9 9 0 106%
Burl C ed. R a p . A N o .— 1 st, 5 s
105%
M on on . R iv er, 1 s t g .,g . 5 s . .. 1 91 9 *103
C on sol. & co llâ t, tru st, 5 s . ..1 9 3 4
97
(S tock ß x ch a n g e P ric es.)
ìent’ lO h io R e o r .—1 st, 4 % s .l9 3 0 102 %
M inn. A St. L .— 1st, 7 s, g u . . l 9 2 7
A la b a m a M id. i s t , g ., (
.1 9 2 8 *
86
A k .& Ch. J u n e .—ls t ,g , 5 s,gu . 1 93 0 1 0 3 % 1*07
I o w a C. A W e st.— 1 st, 7 s ___ 190 9 1 0 0
A tla n tic A D a m .—i s t g
.1 9 1 7
7 1% 72
Bost. H . T u n . & W .—D eh . 5 a .191 3 1 0 0
C ed. R a p . I. F . A N ., 1 st, 6s. 1 9 2 0
A tl. & P a « .—2d W , D., gi
1907
92%
B rooklyn E le v a te d — ¿d , 3 -5 s. 191 5
*85"
1st, 5 s .....................................1 9 2 1
K a lt. A O h io— I s t , 6s, Pa
.1 9 1 9 1 15
118
B ru n sw iek A W’n — 1st, g. 4 s, 193 8
C .O h io— Ml. & C in .M .ls t ,4 % s .l9 3 9 * __
.1 9 2 5 111
1 12
5ufl. R o ch . A P itts .—G e n ., ö s .1 9 3 7 101% 102% len t. R R . A B an k.—C ol. g .5 s .l 9 3 7
80
C on s. m o r i., s o
198 8
1 16
R o ch . A P itts .— 1 st, 6 s . . . . . . 1 9 2 1 123
C h a t.R o m e & C o l,— G td g . 5 s .l 9 3 7
W . V a . A Pitts
199 0 1 0 2 %
V 1
• h
■« 10AÛ
,
I«
OonsnltdaPfl Tst,;6s
119
p i ò fi
a o p n u r F rid a y ; th ese á re th e la te s t Q u ota tion « m a d e th is w e e k .
97%
95"
95
90
.....
881 Ì
THE CHRONICLE
Ma t 38, 1893. J
NEW YORK STOCK EXCHANGE PRICES.—IN AC TIVE BONDS—,fContinued/—M A Y 2 7 .
B id .
S E C U R IT IE S .
C e n tra l P a cific— G o ld M s , 6 s, 18 9 5
G o ld b o n d s , 6 s ......................... 1 8 9 6
G o ld b o n d s , 6 s ......................... 1 8 9 7
S an J o a q u in B r ., 6 s ................ 1 9 0 0
M o rt. g o ld 5 s ..................
1939
L a n d g r a n t, 5 s, g ..................... 1 9 0 0
W est. P a cific—B o n d s , 6 s ___ 1 89 9
N o. R a ilw a y (C al.)—1 st, 6 8 .1 9 0 7
. 5 0 .y e a r 5 s ...............................1 93 8
C hes. & O.—P u r. M . fu n d , 6 s 11898
6 s, g o ld , series A ..................... 1 90 8
C ra ig V a lle y — 1 st, g ., 5 s ___ 1 94 0
C hes. O. A So. W est.— 1 st 6s, g .1 9 1 1
2 d , 6 s .................................
..1 9 1 1
O b. V .—G e n .c o n .ls t ,g u .g ,58.1938
C h ica g o A A lt o n —1 st, 7 s ........1 89 3
S in k in g fu n d , 6 s ..................... 1 90 3
L o u is, A M o. R iv e r —1 st, 7S.1900
2 d , 7 s .............................
1900
St. L . J a c k s. A C h ic.— 1 st,78 .1 8 9 4
1 st, g u ar. (5 6 4 ), 7 s .......... .1 8 9 4
M is s.R . B rid g e —1 st, s. f., 68.1912
C h ic. B u rl. A N or.— 1st, 5 s . . . .1 9 2 6
A sk
1071
*
109
110
1 0 9 ia
*98
102
109
00
1121 « 1131«
117*3 1 1 7 78
1 06
711«
1041«
1171«
117
’112
1 15
1051«
1051«
104
104
*103
*104
933g
P la in , 4 s ......................................1 92 1
*
88
12 0
103
1 24
1 26
127*4
* 12 2
*12 2
124
126
1 st, I. & D . , 7 s .......................
1 st ,C. A M ., 7 s . .......................1 90 3 1 28
1 st, I. & D . E x te n s io n , 7 s . ..1 9 0 8 1 3 0
1 06
1st, L a C. A D a v ., 5 s ............. 1 91 9 *105
1 30
127
105*2 106%
*119*2
■103*2
C. A L. S up. D iv ., 5 s ..............1 92 1 1 03 % ......
F a rg o & S ou th ., 6 s, A s s u .,.1 9 2 4
1 17
I n c . c o n v . sin k, fu n d , 5 s . . . . 191 6
D a k o ta A G t. S ou th ., 5 s ___ 191 6 104% 105*4
_JM il. & N or. m a in lin e— 6 s . ..
115>s
C hic. A N . W .—3 0 y e a r d eb . 5 s, 192 1
E sca n a b a A L . S. 1st, 6s ___ 1901 * 1 1 1
D e s M. A M in n .—1 st, 7 s ___ 190 7 *125%
I o w a M id la n d — 1 st, 8 s ..........1 9 0 0 *1 24
P e n in s u la —1 st, c o n v ., 7 s . . . 189 8 *130
C h ic. & M ilw a u k ee— 1st, 7 s . 189 8 116
* 17
W in . & St. P .—2 d , 7 s ..............1907 126*2
M il. A M a d .—1 st, 6 s .............. 1 90 5 1 1 2
O tt. C. F . A St. P .— 1 st, 5 s . - 1 90 9 1 0 6
U N o rth e rn 111.— 1st, 5 s ........... 1 9 1 0 105
C h .P eo. A S t .L .—<Jon.1 st,g .5 s . 193 9 *98
10 0
0 .R .I .& P .-D .M .& F . D . 1 s t 4S.1905
7 9 *s
1 st, 2*as................................... 1 90 5
E x te n s io n , 4 s ....................... 1 90 5
K e o k u k A D es M .— 1st, 5 s . . 192 3
105
C h .S t.P A K .C .—5 s,g ., 1 9 3 6 , st’m p d
C h ic. St. P . A M inn .—1 st, 6 s . ..1 9 1 8 1 2 1 ia
S t. P a u l & S . C.—1st, 6s ........ 1 91 9 123*4 12 4 13
C h ic. A W . I n d .—1 st, s. f ., 6 s .1 91 9
G en era l m o rtg a g e , 6 s ............1 93 2 ï ï é "
C hic. & W est M ich .—5 s , .......... 1921 1001* m
C in H a m . & D .— C on. s. f., s.1 9 0 5 122
2 d , g o ld , 4*as.............................1 9 3 7
C in. J a ck . A M a o.— 1st, g ., 5 s .1 93 6
O lev. A k . & C ol.—E q . & 2 d 6 s. 1 9 3 0
O.C.C. A St. L ., C a iro d iv .— 4s, 193 9
94
S t.L o u .D iv .— I s t c o l.t s ’t 4 s ,g .l9 9 0
901« 91
8 p rin g .& C o l.D iv .— ls t .g . 4 s. 1 94 0
W h ite W .V a l.D iv .—l s t ,g . 4 s. 1 94 0
941s
C in .W a b .A M .D iv .— 1 s t,g.4 s. 199 1
91*4 9 1 %
C in . I. St. L . A C.— l s t ,g .,4 s .l 9 3 6
95%
C o n s o l , 6 s .................................. 1 9 2 0
C in .S an .A C l —C o n .ls t,g .5 s , 192 8 107*2
C L C ol. C in. & In d .— 1st, 7 s ,s .f.l8 9 9 115*2 i ï é
C o n sol, sin k , fu n d , 7 s ............1 9 1 4 ’ 1 35
GLeve. A M ali. V .— G o ld , 5 s . . . 193 8 ’ 1 09
C o lo r a d o M id la n d —1 st, g ., 6 s .l9 3 6 1 1 1
C o lu m b ia & G reen .—1 st, 6 s . . .1 9 1 6 *95
1 05
2 d , 6 s ........................................... 1 92 6
D e l. L a c k . A W .—C on v e r t. 7 s ,1 89 2
M o r tg a g e 7 s ...............................190 7 ’ 1 30
1 35
S yra . B u g . A N . Y .— 1st, 7S.1906 ■129*a 131
M o r r is & E s s e x —1 st, 7 s . . ..1 9 1 4 1 4 0
140%
B o n d s , 7 s ......................
1 90 0 1 1 6
12 0
7 s o f 1 8 7 1 ...............................1 90 1 1 2 1 *s
1 st, c o n ., g u a r., 7 s .......... .1 9 1 5 1 39 % 1 41
D e l. A H u d . C an.— C ou p on 7 s ,1 89 4 1 08
108*2
P a . D iv ., c o u p ., 7 s ..................1917 1 4 1 3e 1 4 1 7&
A lb a n y A S u sq .— 1 st, g u .,7 s .l9 0 6
1 31
1 s t, co n s ., g u a r., 6s . .......... 1 9 0 6 1 18
12 0
R e n s . & S ar.—1 st, c o u p ., 7S.1921 ’ 141*2
D e n v e r C ity C ab le— 1st, 6 s . ..1 9 0 8
99
D e u v . & R . G .—I m p .,g ., 5 s . . . 1 92 8
82*s 83
D u lu th A I r o n R a n g e —1 s t 5s. 193 7
95
10 0 78
B . T en n . V a. & G a .— 1 st, 7 s . .. 1 9 0 0 1 1 2
U3
D iv is io n a l 5 s ............................. 1 9 3 0 10 2
1 st e x t ., g o ld , 5 s ........ ............ 1 93 7 *65
JBq. A I m p ., g ., 5 s ............
193 8
M o b ile A B irin .—1 st, g ., 5s. .1 9 3 7
89*s
A la b a m a C entral—1 st 6 s . . .1 9 1 8 1 0 4
110
B rie —1st, e x te n d e d , 7 s ............1 8 9 7 1 1 0
114
2 d , e x t e n d e d , 5 s....................... 1 91 9 1 1 6
3 d , e x t e n d e d , 4*as................... 1 92 3 107*8
4 th , e x t e n d e d , 5 s..................... 1 9 2 0 1 1 2
115
5 th , e x t e n d e d , 4 s ....................1 9 2 8 1 03
1 05
1 st, c o n ., g ., f ’ d , 7 s ................ 192 0 ’ 1 32
......
R e o r g ., 1 st lie n , 6 s ..................1 9 0 8
. . . . •B . N . Y . A E .— 1st, 7 s ............191 6 1 3 6
N . Y . L . E . A W .—C ol. t r .,6 8.1922 1 1 2
F u n d e d co u p ., 5 s ......................1 9 6 9
93*2
B u ff. A S. W .—M ortg . 6 s ___ 1 90 8 ’10 0
J e ffe rso n — 1 st, gu . g. 5 s ___ 1 90 9 1 0 3 % 1 05
C oa l A R R .— 6s ..............
1 92 2 . . . . . .
E u r e k a S p rin gs— 1st, g ., 6 s . . . 193 3
io o "
E v a n s . A T .H .— 1 st,c o n s ., 6 s . . 192 1 1 2 4
125
M t. V e r n o n — 1 st 6 s ................ 1 92 3 ’ 1 1 4
SuL C o. B ra n ch — 1st, g ., 5 s . 1 93 0
...... .....
S E C U R IT IE S .
A sk .
116*2
Bvans. A In d ia n .—1 st, o o n s .. l 9 2 6
F lin t A P . M a rq .—M o r t., 6 s . . .1 9 2 0 121
100*«
1 st co n . g o ld , 5 s ....................... 1 93 9 1 0 0
P o r t H u r o n —1st, 5 s ..............1939 101
Fla. CeD A P e n .— l s t g . 5 s . . . . 191 8 1 0 0
73
70
Ft W orth A R . G — 1 st g ., 5 S ..1 9 2 8
1 03
Gal. H a r. A S an A n t .— 1 st, 6 s . 1 9 1 0 101
G al. H . A 8 . A .— 2 d m o r t., 7 s . . 1 90 5 1 0 2
W est. D iv ., 2 d 6 s . . . . .............. 193 1
G a. Car. A N o r .— 1st, gu . 5 s, g .1 9 2 9
74*8 8 0
Wa. So. A F la .—1 st, g . 6 s..........192 7
80
76
G ra n d R a p . A In d .— G en . 5 s . . 1 9 2 4
100
G reen B . W. A St. P .—1 st 6s . .1 9 1 1
30
2 d in c o m e , a ll subs, p a id . . . . . . .
H o u s a to n ic—C ons, g o ld 5 s ... .1 9 3 7 102
N . H a v e n A D e r h y , C o n s .5 s ..l9 1 8
128
H ou s. A T . C.—W a c o A N . 7S..1903 1 2 4
1 st g ., 5s (int. g t d )..................1937 1C 6 106*4
C ons. g . 6 s (int. g t d ) .............. 1 9 1 2 *102
63% 6 3 7f
G en . g. 4 s. (int. g t d )................ 1 92 1
87
D eb en t. 6 s, p rin . A in t. g t d .1 8 9 7
D e b e n t. 4 s, p rin . A in t. g td .1 8 9 7 *71
105%
Illin ois C entral—1 st, g ., 4 s ...1 9 5 1 1 0 4
94
1st, g o ld , 3 * a s ........................... 1951
S p rin g f. D iv .—C ou p ., 6 s ___ 1 89 8 ’ 107
M id d le D iv .—R e g ., 5 s ........... 192 1 111
C. St. L . A N . O .—T e n . 1., 7S .1 8 9 7 1 1 0
114
1 st, c o n s o l., 7 s .......................1 8 9 7 110
2 d , 6 s ........................................ 1 9 0 7
G o ld , 5 s, c o u p o n ..................195 1 1 1 7
97*« 98^8
M einp, D iv ., 1 st g. 4 s ........195 1
D u b . A S. C.—2 d D iv ., 7 s . . .1 8 9 4 1 0 4
83*2 9 0
C ed. F a lls A M in n .—1 st, 7 s .. 1 90 7
I n d . D . A S pr.— 1 st 7s, e x . c p .1 9 0 6 120*2
In d .D . A W .— 1 st 5s, g . ,t r .r e c .. l 9 4 7
2 d , 5s, g o ld , tru s t r e c e ip t s .. 1948
I n c . M . b on d s, tru s t r e c e ip ts
108 %
In t. A G . N’ n —1 st, 6 s,g., co u .o ff. 1919
76
79
K a n a w h a A M ich .—M ort. 4 s . 1 99 0
K a n . C .W ya n . A N .W .—1 st, 5 s . 1 93 8
88 %
K in g s C o .-F .E l.,ls t ,5 ,g .,g u .A .1 9 2 9
L a k e E r ie A W e st.—2 d g ., 5 s .1941 101*4 1 0 1 %
L. Sh. A M . S o.—C. P . A A .—7 s. 1892 1 0 1 %
B uff. A E r .—N e w b o n d s , 7 s . 189 8 114% 117
D et. M . A T .— 1st, 7 s .............. 1 9 0 6 125
L a k e S h ore—D iv . b o n d s , 7 s . 189 9 115*2 1 17
M a h on ’ g C oal R R .—1 st, 5 s . 1 9 3 4 1 08
K a l. A ll. A G . R .— 1 st gu . 5S.1938 1 08
L e h ig h V .,N .Y .—1 st gu.g.4*2S.1940 1 0 4
111
L e h ig h V .T e rm .—1 st g u 5 s ,g .l 9 4 l 1 09
96
1 litchf. Car. A W e st.—1 st 6s. g .1 9 1 6
1 16
L o n g Isla n d —1 st, 7 s ..................1 89 8 1 15
N . Y . A R ’ w a y B .— 1 st, g . 5 s . 1927
16
26
2 d m o r tg ., i n o ....................... 1927
N .Y .A M a D .B e a o h .—1st, 7 s, 1897
N .Y .B .A M .B .— 1 st co n . 5 s,g. 193 5
B r o o k l’n A M o n ta u k — 1 st,ó s .1 9 1 1 1 1 7
1 st, 5 s ...................................... 1911 107*2
S m ith tow n A P t. J eff.—1 st,7s 1901 1 0 4
92
L ou is.E v a n s. A St. L .—C o n .5 s .1 9 3 9
110
L ou is. A N a sh .—C ecil. B r, 7 S .1 9 0 7
E . H . A N ash.— 1 st 6 s, g ___ 1 91 9 1 16
P e n s a co la D iv is io n , 6 s ..........1 92 0 1 09
St. L o u is D iv is io n , 1 st, 6s . . . 192 1 1 1 6
61
2 d , 3 s ........................................ 1 9 8 0
L eb . B ra n ch E x t e n s i o n ___ 189 3
N a sh v . A D e c a t u r —1 s t ,7 s . . 1 90 0 115*4 1 16
8 . f . , 6s.—S. A N . A la ...............1 9 1 0 10 0
1 0 -4 0 , g o ld , 6 s ......................... 1 9 2 4 10 0
5 0 y e a r 5s, g . ,...........................1 93 7 10 2
P en s. A A t . - 1 st, 6 s, g o l d . ..1 9 2 1
105*a
C olla t. tru s t, 5 s, g ..................Ì 9 3 1 10 1*2 103
69
70
L ou .N . A lb . A C h.—G en .m .g .5 s. 1 94 0
L o u . N . O. A T e x .—1 st, 4 s ___ 1 9 3 4 *85
2 d m o rt., 5 s ............. .................1 9 3 4
L ou is. St. L . A T e x .—2 d g, 6 s . . 1 91 7
M a n h a tta n R y .—C ons. I s ........1 9 9 0
92*4
M a n ito.S . W .C o lo n iza ’ n—5s ,g. 193 4
lO i"
M em p h is A C hari.— 6 s, g o l d .. 1 9 2 4
1 st c o n . T en n lie n , 7 s ............1 91 5 1 1 7
M e x ica n C ent. C o n so l.—4 s, g .1 9 1 1
1 st, eon s, in c o m e 3 s, g ..........193 9
2 d , co n s, in c o m e 3 s .............. 1 9 3 9
M e x ica n N a tio n a l— 1 st, g ., 6 s .1 92 7 *98%
2 d , in c o m e , 6 s, “ A ” ................1 9 1 7
M ich ig a n C entral— 6s ................1 9 0 9
C o u p o n , 5 s.................................. 193 1 112*4
M o r tg a g e 4 s ...............................1 9 4 0 * 101*2 102*2
M il. L . S. A W .— C onv. d e b ., 5 s . 1907 1 05
i' 2 5 "
M ich . D iv ., 1st, 6 s................... 1 9 2 4 1 2 3
A s h la n d D iv is io n —1 st, 6 s ..1 9 2 5 121*4
110
I n c o m e s ................................................
M inn . A St. L .— 1st, g. 7 s ..........1 9 2 7 1 2 3
120
I o w a E x t e n s io n , 1 st, 7 s .___ 1 9 0 9 1 1 8
80
73
2 d m o r tg ., 7 s .......................... .1 8 9 1
S ou th w est E x t .—1 st, 7 s ........1 9 1 0 110
P a c ific E x t .—1 st, 6 s .............. 1921
82*a
80
Im p r . A eq u ip m e n t, 6 s..........192 2
M in n . A P a c .— 1 st m o rtg ., 5 s .1 9 3 6
M in n .S .S te. M . A A tl.—1 st, 5 s . 1 9 2 6
M in n .S t.P .A S .S .M —l s t c . g .4 s .l 9 3 8
77
75
M o .K .A T .—K .C .A P ., I s t ,4 s ,g .l 9 9 0
86
87*2
D a l. A W a c o — 1st, 5s, g u .., .1 9 4 0
90
M issou ri P a c ific —T ru st 5 s . ..1 9 1 7
82*a
1 st c o ll., 5s, g ........................... 1 9 2 0
S t.L .A I. M .- A r k .B r .,ls t ,7 s .l8 9 5 1073g
M o b ile A O h io —1 st e x t ., 6 s . . . 1 9 2 7 *108*4
St. L . A C airo— 4s, g u a r ........ 193 1
M org a n ’ s L a . A T .—1 st, 6 s . . . . 1 9 2 0 111
125
1 st, 7 s . . . ...................................... 1 91 8 1 2 4
112
N ash. C hat. A St. L .—2 d , 6 s . . 190 1
N e w O rlea n s A G u lf—1 st, 6 s .1 9 2 6
N . O. A . N o. E .—P r. 1.. g ., 6 s .. 1 91 5 1 0 8
N . Y . C en t.—D e b . g. 4 s ............1 90 5 102
1 01
N . J . J u n e— G u ar. 1st, 4 s . . . 1 9 8 6
B eech C reek—1 st, g o ld , 4 s . . 1 9 3 6 100*2
idi"
O sw . A R o m e —2 d , 5 s, g .,g u .l9 1 5
U tic a A B l. R iv .—4 s, g ., g u .1 9 2 2
108
N . Y . N . H . A H .— 1 st, r e g .4 S .1 9 0 3 1 0 4
N . Y . A N o rth e rn —1 st, g ., 5 8 .1 9 2 7 105%
62*2 6 4
2 d , 4 s . .......................................... 1 92 7
84
N . Y . S usq. A W e st.—2 d , 4 *2 3.19 37
89
G en . m o rt., 5s, g .....................1 9 4 0
N. Y . T e x . A M e x .— 1 st,4 s ,g u .191 2
* N o p r ic e F rid a y ; th e s e are t n e la te s t q u o ta tio n s m a d e th is week.
B id .
B id .
S E C U R IT IE S .
N o rth ’n P a o ific—D iv id ’ d s crip e x t .
J a m e s R iv e r V a l.—1 st, 6s .. .1 9 3 6
S p o k a n e A P a l.—1st, 6 s........1 93 6
S t.P a u l A N . P .— G en ., 6 s . . 1 9 2 3
H e le n a A R e d M ’n —ls t ,g ., 6s . 193 7
D u lu th A M a n ito b a —l s t ,g .6 s l 9 3 6
D u L A M a n D a k .D iv .— I s t 6 s .l9 3 7
C œ ur d ’ A le n e — 1st, 6s, g o l d .1 91 6
G en . l s t , g . , 6 s ....................... 1938
C en t.W ash in g ton — l s t ,g .,6 s .l9 3 8
N o r fo lk A W e st.—G e n e ra l, 6 s . 1931
N e w R iv e r , 1 st, 6 s ..................1 93 2
Im p . A E x t ., 6 s . . . . ..................1 9 3 4
A d ju s tm e n t M ., 7 s ..................1 9 2 4
E q u ip m e n t, 5 s ...........................1 90 8
C lin ch V a l. 1 st 5 s ................... 1 9 5 7
R o a n o k e A 80 .—1 st, gu . 5s, g .1 9 2 2
S cio to V a l. A N . E .—1 st, 4 s ,.1 9 9 0
O h io A M iss—2 d c o n s o l. 7 s . . . 191 1
S p r in g .D iv .— 1 st 7 s................. 1 9 0 5
G e n e ra l 5 s.................................. 1 93 2
O h io R iv e r R R .—1 st, 5 s........... 1 9 3 6
G e n , g . , 5 s ...................................1 93 7
O r e g o n A C a lifo r.— 1st, 5s, g .1 9 2 7
O reg. R y A N a v .—C o l.tr . g ..5 s .l9 1 9
P a n . S in k .F ’ d S u b sid y— 6 s, g. 1 9 1 0
P e n n .R R .-P .C .A S .L .-ls t ,c .,7 s .l9 0 0
P itts. F t. W . A C —1 s t ,7 s . .. 1912
2 d , 7 s ..............
..1 9 1 2
3 d , 7 s ........................................191 2
C lev . A P ,—C ons., s. fd ., 7 8 .1 9 0 0
G en . 4*«s, g ., “ A ” .............. 1 94 2
St. L .V . «fe.T. H .—1 st, 6 s., 7 s . 189 7
2 d , 7 s ................................... .. 1 8 9 8
2 d , g u a r., 7 s ........................... 1 89 8
G d .R .A I .E x t.—1 st, 4 *2 S,G.g. 1941
P e o .A E .-I n d .B .A W .-ls t .p f.78.1900
O h io In d .A W .—I s t p r e f . 5 s .. l 9 3 8
P e o ria A P e k . U n io n — 1 st, 6 s .1 9 2 1
2 d m o rtg ., 4*as......................... 1921
r itts .C .C A S t.L .—C on .g .4 * a sA 1 9 4 0
P itts. C lev e. A T o l.— 1 st, 6 s . . . 1 92 2
P itts. A L . E r.— 2 d g. 5 s, “ A ” .1 9 2 8
P itts. M o. K . A Y .—1 st 6s....... 1 93 2
P itts. P a in sv . A F .—1 st, 5 s . . . 1 91 6
P itts. S hen. A L .E .—l s t ,g ., 5 s .l 9 4 0
P it ts .Y ’g s t’ n A A .—1 st, 5 s ,c o n .l9 2 7
P res. A A riz . C ent.— 1 st, 6 s, g .1 9 1 6
2 d in c o m e 6 s ............................ 1 9 1 6
R ic h . A D a n v .—D e b e n tu r e 6 s . 1927
E q u ip . M . s. f ., g ., 5 s ..............190 9
A tl. A C har.—1 st, p r e f ., 7 s . . 1 89 7
do.
I n c o m e , 6 s ____ 1 90 0
W ash. O. A W .—l s t ,4 s ,g u .o y .,1 9 2 4
R ich .A W .P t.T e rm .— 6 s, ’ 9 7 , tr. reo.
Col. t r u s t 5 s, 1 9 1 4 , to. r e c .............
R io G r. J u n c t.,1 s t,gu a r.,g .,5 s . 193 8
R io G ra n d e S o.—1 st, g ., 5 s . . . 1940
St. J o s. A G r. Is .—2 d i n c ..........1 92 5
K a n . C. A O m aha—1 st, 5 s . . 192 7
St. L . A . A T .H —2 d p r e f. 7 s . . 1 8 9 4
2 d m .in c . 7 s ...............................1 89 4
D iv id e n d b o n d s ......................1 8 9 4
B e lle v . A So. 111.—1 st, 8 S...18 9 6
B e lle v . A C ar.—1 st, 6 s .......... 1 92 3
Chi. St. L . A P a d .— 1 st, g d . g .5 s 1 91 7
St. L o u is S o.— 1st, g d . g . 4 s . 1931
do
2 d in c o m e ,5 s . 193 1
Car. A S h a w t.—1 st g . 4 s ___ 1 93 2
St. L . A S. F .— 2 d 6 s, g ., cl. A . 190 6
E q u ip ., 7 s ........................
189 5
G e n e ra l 5 s ............................ . ..1 9 3 1
1 st, tru st, g o ld , 5 s................... 1 98 7
C on sol, g u a r ., 4 s ......................1 9 9 0
K a n . C ity A S.—1 st, 6 s, g . ,.1 9 1 6
F t. S. A V . B .B g . - 1 s t , 6 s . . .1 9 1 0
K a n sa s M id lan d — 1 st, 4 s, g .1 9 3 7
St. P a u l A D u lu th —1 st, 5 s ___ 1931
2 d m o rtg a g e 5 s ........................ 1917
St. P a u l M in n A M .—1 st, 7 s . . 1 9 0 9
2 d m o rt., 6 s .................................1 9 0 9
M in n e a p . U n io n —1 st, 6 s ___ 1922
M o n t. C en.—1 st, g u a r ., 6 s . . 1 9 3 7
1 st gu ar. g. 5 s ...... .....................1937
E ast. M in n ., 1 st d iv . 1 st 5 s . 190 8
San F ra n . A N. P —1st, g., 5S.1919
Sav. A m e r . A M on tg .— 1st 6 s .191 9
S ou th C a r o lin a —2 d , 6 s............193 1
So. P a c . C oast—1 st, g u a r .,4 s .l9 3 7
T er.R R . A s’n o f S t.L .-lst,4 * 2 S .1 9 3 9
T e x a s C en tral—l s t , s . f ., 7 s . ..1 9 0 9
1 st m o rtg a g e , 7 s ......................1911
T e x a s A N e w O rleans—1 st,7 s .1 9 0 5
S abin e D iv is io n , 1 st, 6s ........ 191 2
T e x . A P a c ., E . D iv .— 1 st, 6 s . 1 9 0 5
T h ird A v e n u e (N .Y ).—1 st 5 s, 193 7
T o i. A . A . A C ad.— 6 s . . . . . .........191 7
T o le d o A . A . A G’ d T r.—g. 6 s. 1921
T o l. A . A . A M t. P L — 6 s ............1 9 1 9
T o i. A . A . A N . M .—5 s, g ......... 1 9 4 0
U lste r A D e l.— 1 st, c o n ., 6 .,5 s . 1 92 8
U n ion P a cific— 1 st, 6 s . . . ____..1 8 9 6
1 st, 6 s ........................... - .............1 89 7
1 st, 6s ...............................
1 89 8
C o lla te ra l T ru st, 6 s ................ 1 90 8
C o lla te ra l T ru st, 5 s ................1 9 0 7
K a n sa s P a cific— 1 st 6 s, g . . . l 8 9 5
1 st, 6 s, g , ...... .........................1 8 9 6
C. B r. U . P .—F . c ., 7 s . . .........1 8 9 5
A tc h . C ol. A P a c .—1 st, 6 s . . . 1 9 0 5
A tc h . J . C o. A W .—1 st, 6 s ... 1 90 5
U .P . L in . A C ol.—1 s t ,g ., 5s. 1 9 1 8
O reg.S .L . A U .N .,co l.trs t.,5 8 .1 9 1 9
U ta h A N o rth .— 1 st, 7 s ......... 1 90 8
1926
G o ld , 5 s ...................
U ta h S ou th ern —G e n .,7 s ,. .1 9 0 9
E x t e n ., 1 st, 7 s ......................1 90 9
V a lle y R ’ y C o. o f O .—C on . 6 s . l 9 2 1
W abash—N o. M issou— 1 st, 7 s . 1 89 5
S t.L .K . C. A N .—R .E . A R R .7 s . 1 89 5
St. C harles B r’ ge—1 st, 6 s. ..1 9 0 8
W est. V a. C. A P itts .—1 st, 6s . 191 1
W h e e l.A L .E .— 1st. 5 s, g o l d ...1 9 2 6
E x te n s io n A Im p . g., 5 s........1 9 3 0
Ask.
1 03
95*8 9 7
92
1 22
123*
98
95
122
102
96%
104
98
*
117
83*s
116
84
1 Ï5 "*
iÖ2*i
96
98
85
*95* 100
140
1 30
113
112
120
113
102*« 1 05
116
1 18
* 112
..........
*67
103*4 1 0 3 %
108*2
96*s . . . . . .
*
*
88
*103
91 *
80
1 Ö2 "
*
87*a
57
86*4
1 04 *«
103
88*9
5 8 7a
93
39*4
80%
65
110 1 1 4
108
110
100
*80
70
*80
1 11
111*2
1 05
95*« 97*2
72**
mrnmmm*
*90'
110
’104
110
117*4 1 17*«
........ 1 17 *«
104*«
1 03
........
112
10 0
113
113%
93*2 9 1
110 * 4
1 02
10838
8 7 11
110
112
101
90
Ì0 7
109*4
100
81
*72
70
101
82
82*2
78
105
1 02
102
109^8
107*2 1 0 8
1 09
111
*108*a
107
94
F o r m iscella n eo u s 4c U n listed B on d s—S ee 3 d p a g e p r e c e d in g .
THE CHRONICLE.
882
[VOL. LIV ,
L atest E a rn in g s R ep orted
J itu jje s tr a m i
AD
N
ROADS.
W eekor Mo
1891-2.
1890-1.
Jan. 1 to Latest Date.
189 1 -2 .
1 8 9 0 -1 .
$
$
*
G r. T r.— (C on.)—
3 8 9 ,3 5 #
4 1 2 ,5 6 8
1 7 ,9 6 7
2 0 ,0 3 7
£>et.Gr.H A In- W k M a y l4 |
G rea t N o rth ’n
8 9 6 ,9 0 6
7 8 9 ,4 9 6 3 ,8 5 0 ,3 4 7 2 ,7 1 6 ,1 2 8
St. P . M. & M . A p r i l ..
9 8 ,5 6 3
2 8 9 ,8 3 6
6 6 ,6 8 3
1 99 ,74 $
E a st, o f M in n . A p r il..
8 6 ,0 7 2
3 5 7 .0 3 3
1 0 7 ,1 5 2
3 7 8 ,7 2 #
M on ta n a C ent. A p r il..
,0 8 1 ,5 4 1
9 6 3 ,3 3 1 4 ,4 9 7 ,2 1 6 3 ,2 9 4 ,5 9 2
The I nvestors’ Supplement, a pam phlet o f 150 pages
T ot. s y s te m . A p ril..
1 1 ,5 3 2
2 .4 3 4
2 ,9 3 3
1 2 ,1 5 9
C h ica g o .
contains extended tables o f the Stocks and Bonds o f R ail G u lf s& to n ic ........ A p r il..
1 2 3 ,4 8 2
3 4 2 .0 3 3
3 2 6 ,7 0 5
1 1 6 ,9 1 8
H ou a
M arch
5 0 ,5 0 0
5 4 ,1 9 1
10,200
1 4 ,2 5 5
roads, and other Companies, with remarks and statistics con. H u m est’ n& Shen ;A p r il_____
2 4 .4 6 3
1 8 ,6 2 5
6 .0 6 9
4 ,9 5 4
H u tch .& S o u th ’ n A p r i l . . . . . .
,4 0 2 ,1 9 0 1 ,3 7 6 ,5 7 2 6 ,0 4 3 ,8 5 1 5 ,7 2 6 ,3 9 4
earning the income, financial status, etc., o f each Company. Illin o is C en tr’i .. A p ril.,
1 5 0 ,8 7 5
1 41 ,41 5
3 2 .2 9 1
3 1 ,4 5 8
.D e
W e st
It is published on the last Saturday o f every other month— In d & G c.& o rth ’ n Asptr il..........
5 2 ,2 8 4
5 3 ,0 7 7 1 ,2 0 1 ,8 2 3 1 ,1 6 7 ,2 7 6
In .
t.N
I w kM ay
4 1 ,5 4 2
viz., January, March, May, July, September and November, J Interoo. (M ex .) W k M ay 7
6 3 3 ,5 3 6
6 9 2 ,2 2 6
3 4 ,3 8 4
2 6,6 61
I o w a C e n t r a l... 3 d w k M a y
.and is furnished without extra charge to all regular sub Iro n R a i l w a y ... A p ril,
1 3 ,1 2 2
1 0 ,2 9 0
2 ,9 8 5
3 ,3 8 8
3 1 8 ,5 2 2
3 6 4 .6 9 3
7 5 ,4 4 3
7 5 ,4 7 0
J ’ k’ n v .T .& K .W , A p r i l ____
scribers o f the Chronicle.
1 1 8 ,9 1 8
140 ,45 8
8 .6 6 3
6 ,0 1 3
R an aw h a & M icb 3 d w k M ay
1 1 1 ,8 7 2
1 1 4 ,7 4 8
4 ,9 4 5
4 .5 8 8
The General Quotations o f Stocks and Bonds, occupying K an. C. C l . * 8 p - 2 d w k M a y
,8 1 0 ,7 6 9 1 ,6 8 9 ,9 1 3
7 8 ,1 1 4
7 6 ,9 2 7
K .C .F .8 . & M e m . 2d w k M ay
six pages o f the Chronicle, are published on the t M r d K . C .M em . & B ir. 2 d w k M ay
3 9 9 ,1 5 2
4 2 5 ,9 0 4
1 9,2 86
2 0 ,8 1 0
9 4 ,3 4 2
1 1 4 ,2 6 5
2 6 ,2 2 3
2 7 ,5 8 6
K an .C .W y& N .W A p r il..........
S a t u r d a y o f each month.
1 39 ,33 7
1 4 6 ,9 8 3
7 ,0 1 0
7 .0 6 9
K e o k u k & W est 2d w k M a y
2 3 ,4 8 3
2 6 .7 1 4
6 ,8 9 9
6 ,7 1 3
L. E rie A ll. & 8o A p r i l ..........
,2 5 8 ,2 9 6 1 ,1 3 2 ,6 1 2
5 7 ,7 5 2
5 7 ,5 2 9
L. E rie & W est 3 d w k M ay
1 2 0 ,9 2 4
1 1 8 ,1 4 2
2 8 ,2 6 6
3 2 ,3 2 4
L e h i g h * H u d .. A p r i l . . . . . .
2 4 9 ,2 7 4
2 3 3 .3 5 9
1 0 ,5 71
1 1 ,0 2 8
L. R o c k & M e m . 2 d w k M ay
,2 8 0 ,2 3 0 1 ,2 4 2 ,7 0 8
J a n . 1 to L a test Date,
8 3 ,8 6 4
8 6 ,7 6 3
L o n g Isla n d — 3 d w k M a y
L a test E a rn in g s R eported.
5 8 ,2 8 4
68.112
2 8 ,8 2 5
3 4 ,4 1 9
L ouis. & M o .R iv . F e b r u a r y ..
5 5 1 ,6 9 4
4 8 0 .3 1 6
1 8 9 1 -2 . I 189 0 -1 .
2 9 ,0 8 2
2 0 ,4 3 2
1 890-1.
L o u is .E v .* 8t.L. 3 d w k M ay
Week o r M o 189 1 -2 .
ROADS
’,8 7 8 ,1 9 7 7 ,1 9 6 ,3 8 3
3 7 7 ,3 6 0 3 3 5 ,4 5 0
L o u isv . & N a sh v. 3d w k M ay
$
•960,563
.,1 2 3 ,1 1 5
5 5 ,4 8 4
9
6 1 ,0 9 9
$
i
L ou is. N. A & C h , 3 d w k M ay
7 6 7 ,2 0 6 L ou isv.N .O . * T 2 d w k M ay
.,3 2 5 ,0 3 8 1 ,3 2 0 ,9 3 8
4 9 .4 3 4
785, ,7261
5 5 ,1 0
1 95 ,72 3 ,
2 1 2 ,1 8 3
A lleg h en y V a l . . | p r il..........
A
1 69 .05 5
2 3 6 ,7 9 4
1 1 ,9 4 2
9 ,8 0 8
6 37 ,31 1 11,408, ,877,10 ,6 3 2 ,6 60 L ou. S t.L .& T e x 2 d w k M ay
6 4 9 ,0 2 7
iA t e h .T .& 8 .E :e ..'2 a wlr M ay
5 9 1 ,5 7 9 L y n ch b .& D u r’m J a n u a r y ...
1 0,5 91
10,7 89
619, ,633|
1 0 ,5 9 1
1 0,7 89
3 0 ,(5 3
3 4 ,7 6 6
H a lf o w n e d . . . 2d w k M a y
5 6 8 ,0 0 #
5 0 8 ,3 0 5
2 4 ,0 9 2
2 0 ,0 4 0
7 0 6 ,8 4 3 1 2 ,7 4 0 ,750,11 ,9 3 1 ,0 83 M em p h is & Chai I s t w k M a y
7 1 2 ,2 4 1
T o ta l s y s te m .'3 d w k M a y
, 202,102
2 ,6 4 8 ,0 4 5
S.948,075
161 ,00 1
1 26 ,97 1
1 1 6 ,6 0 6 2 ,2 8 1 ,422' 2
1 1 4 .6 5 6
(M e x ic a n C ent.. 3 d w k M a y
St L . & San F . . |2d w k M a y
5 7 8 ,8 7 0 (M e x . N a t io n a l. 3 d w k M a y
L,5 3 4 ,3 7 7 1 ,6 3 2 ,0 8 5
8 2 ,8 8 2
6 9 ,1 7 8
2 9 ,5 3 1 I 607 ,599
3 4 .0 0 0
H a lf o w n e d ..[2 d w k M a y
,9 4 3 ,2 3 9 ¡M e x ica n R ’ w ay Wk M ay 14
L,2 2 0 ,5 2 4 1 ,5 6 0 ,6 5 #
7 9 ,8 4 6
6 1 ,4 2 5
1 6 2 ,2 6 7 ! 3 ,0 5 4 ,025
1 6 5 ,0 0 4
T ot.S .L .& S .F . 3d w k M a y
,8 7 4 ,3 2 2 M il.L .S h .* West 4th w k D e c
J,5 2 7 .7 1 4 3 ,8 4 8 .5 6 8
6 4 ,4 9 5
7 2 ,1 1 8
8 6 9 ,1 1 1 !15,794 ,776
8 7 7 ,2 4 6
A g ft. t o t a l . . 3 d w k M a j
5 9 9 ,0 3 6
1 53 ,76 7 M ilw a u kee & N o 3 d w k M ay
6 0 2 ,1 7 7
2 8 ,0 0 1
131 ,822
3 0 .9 8 8
73,2861I
7 1 ,2 6 3
A t la n t a * Char.* F e b ru a ry ..
3 3 .5 0 5
4 2 .6 0 0
1 0,0 77
10,200
7 .7 6 4
6 ,1 6 6
M ineral R a n g e .. A p ril,
A tla n ta & F lo r’ a 1 p r il..........
A
4 7 8 ,5 7 1
5 8 8 .6 6 5
1 3 0 ,0 9 6 M inn eap. & St.L. A pril.
1 1 9 ,2 8 5
1 1 7 ,3 5 5
136 .47 5
3 6 ,5 3 8
3 4 .6 7 8
A tla n ta & W .P t. M a r c h ........
6 3 1 ,4 4 2
9 2 4 .4 3 2
6 .0 4 9 ,9 8 8 5 ,6 5 7 ,2 7 7 M . St.P . & 8 .8 .M , A p r il..........
175 ,33 1
2 4 0 .0 0 0
B .& O .E a stL in es A p r il......... 1 ,5 3 6,77 2 ,4 9 1 ,3 4 4
1 60,047 1,1 1 5,16 3 3 ,1 3 5 ,9 3 2
4 8 1 ,9 3 6 4 5 1 ,8 9 6 2 ,0 1 0 ,7 9 1 1 ,7 4 3 ,6 1 7 M o .K a n .& T ex. 6 3d w k M ay 1 6 1 .2 5 0
W estern L in es ¡A p ril..........
3 8 9 ,0 0 0 1,5 5 1,55 6 8 ,9 0 9 ,4 1 9
• * T o t a l ............A p r il............ 2 ,0 1 8 ,7 0 8 1 ,9 4 3 .2 4 0 8 ,0 6 0 ,7 7 9 7 ,4 0 0 ,8 9 3 M o .P a c.& Iro n M 3d w k M a y 3 6 1 .0 0 0
8 5 4 .2 8 0 M o b i l e * O h io .. A p ril..
9 8 2 ,0 2 3
2 8 1 ,3 6 1 1,1 3 4,40 7 1 ,1 8 5 ,6 9 9
2 6 0 ,5 7 2
4 5 ,2 5 3
4 5 ,6 2 9
B a l.* O .S o n th w .'3 d w k M a y
2 9 3 ,5 9 3
4 ,5 2 9 M on terey& M .G A p r i l . .
2 9 7 .6 6 1
4 ,6 6 1
7 2 ,8 5 3
5 7 ,9 7 0
I , 592
1 ,7 7 5
B ath & H a m ’n d s M a rc h ........
1 8 ,7 3 6 N ash .C h .& S tL .c A p r il..
1 2 ,8 9 0
2 9 9 .3 3 7 1,6 6 3,04 7 1 ,2 5 6 ,5 6 #
4 1 0 ,9 6 4
4 ,3 3 3
3 ,5 9 8
B ir. & A t l a n t i c .'A p r il ..........
5 7 ,1 2 9
6 4 ,0 1 2
4 2 ,0 9 7 N. J e r s e y & N .Y . M a rch .
5 6 ,5 2 3
2 1 ,9 77
19,6 47
1 2 ,3 3 7
1 8 ,6 08
• B ir.Sh.& Tenn.R M a rc h ........
5 6,4 58
4 5 .1 0 3
14,5 71
1 0 .7 2 1
5 4 ,8 5 8 1 ,1 5 7,07 3 , 1 ,0 0 1 ,0 4 9 N ew O rl. & S o’n A p ril .
5 9 ,9 8 7
Buff. R o ch . * Pitt 3 d w k M ay
1 ,1,46 ,1 4 2
9 84
9 ,5 4 6 ,0 0 2 8 ,8 0 2 ,2 8 7
452
¡.273,417 3 ,0 6 1 ,4 3 9
5 9 ,0 7 5 I ,
6 4 ,1 7 6
B o r. C .R a p .& N . 2 d w k M a y
N. Y. C.& H. R .. M a rch .
9 2 0 .9 0 8
1 1 0 ,7 6 3
8 5 8 .5 5 7
1 01,881
3 2 2 .5 3 4
3 0 3 ,8 6 7
33,7 81
3 0,8 51
Oam den & A tl. M a r c h ........
R o m e W. & Og. M a rch .
1 3,0 6 4 ,2 0 #
3 5 6 ,0 0 0 7 ,4 2 8 ,2 7 0 6 ,8 8 1 ,0 6 2
3 8 7 ,0 0 0
C anadian P a ci t i c — w k M a y
3d --------- 1
.
T ot. b o th rds. A p r i l . .___ 1,635.848 3 ,3 4 1 ,0 1 0 4 ,0 4 0 ,4 0
5 5 5 .2 0 9 N. Y . L. E . & W . A p ril...........2, ,4 95,235 •¿.234,032 9 ,4 3 2 ,9 0 8 8 ,7 5 1 ,9 9 4
5 8 3 ,3 5 7
4 6 ,1 0 3
4 2 ,5 9 0
Op. F ’ r& Y ad . Val D e ce m b e r
7 .5 0 7
6 ,6 5 9
5 6 5 .6 4 4 1 ,6 6 5 .6 7 3 1 ,5 3 3 ,5 1 3
3 ,8 8 9
4 ,0 1 3
5 87 ,51 8
C ar.C um .G& C h. F eb ru a ry .
N. Y . Pa. & Ohio M a rc h ........
1 7 ,5 5 9 N. Y . & N . E n g . . M a r c h ........
1 5 ,0 7 2
4 8 1 ,9 5 0 1 .3 6 0 .8 8 8 1 ,3 4 5 ,7 7 1
4 ,4 4 6
5 ,4 7 0
4 7 5 ,5 3 7
Car. M id la n d ... M a r c h ___
1 3 9 ,8 4 0
152 ,87 8
3 7 ,8 4 4
4 0 ,4 6 3
,1 5 5 ,4 08 1,,1 76,896 1 4,2 0 1 ,7 6 7 1 3 ,6 6 3 ,7 2 6 N. Y. & N orth ’n . A p ril..........
C entral o f N. J .. D e c e m b e r
3 ,0 6 1 ,7 9 3 3 ,4 5 3 ,7 9 1 N. Y .O n t & W .. 3d w k M ay
5 6 ,6 6 ö 1 ,1 4 0 ,7 8 0 1 ,0 2 7 ,0 7 8
6 9 ,9 3 2
,109,597|1,,2 46,986
C entral P a c ific .. M a rc h ____
3 2 4 ,9 2 5
2 1 ,2 3 1
3 ±8,542
1 9 ,5 1 0
1 0 8 ,3 0 2
9 ,9 6 6
1 2 0 ,7 5 9
1 0,6 98
F eb ru a ry
C entral o f S . C . . ------------- .
N .Y . Susq. & W., M a rc h ........
5 0 ,3 9 0
1 4 2 ,4 3 9
4 8 ,1 5 5
1 0,7 53
4 3 .6 6 3
8 ,6 0 0
Char. Cin. & C hic A p r il........
A p r il..........
2 3 8 ,8 8 7 N orf.o& S ou th ’ n 3 d w k M a y
1 9 7 ,7 7 8
1 7 8 ,6 3 5 3,537,8431 3 ,3 1 4 ,3 3 2
7 9 ,3 4 9
6 5 ,4 8 7
1 8 9 ,0 6 9
C harlest’ n & Sav M a rc h ----N o r f lk * W est..
2 4 8 ,4 9 3
3 6 ,5 7 9 N’th ea st’ n (S . C.i M a r c h ....
5 2 ,4 8 4
209,85l|
8 4 ,8 8 6
5 ,9 7 4
7 6 ,7 1 0
8 ,8 6 4
Char. 8 u m .* N o . A p r il........
3 4 ,9 3 0
2 4 ,5 7 4
5 4 2 .9 7 9 2 ,2 1 2,31 7 ] 2 ,0 4 9 ,4 2 6
9 ,8 9 2
5 4 2 ,2 8 2
8 .7 2 8
O heraw. & D a ri. M a rc h -----N orth’ n Central. A p r il.........
4 ,8 3 4
6 ,6 1 8 N orth ern P acific 3d w k M ay 3 7 5 ,3 7 9
7 ,7 8 5 .2 4 3 8 ,1 7 7 ,5 8 1
4 0 5 .5 9 9
3 ,4 6 5
3 ,0 3 7
C heraw .& Salisb F e b ru a ry ..
7 7 3 ,6 4 7
9 4 ,2 2 4 1 ,9 2 3 ,6 4 5 I ,
1 6 5 ,8 8 2 3 ,2 0 2 ,6 9 9 3 ,1 1 1 ,4 5 2
8 6 ,5 8 3
1 48 ,82 1
Chea. & O h io . . . . 3d w k M a y
Wis. Ct. L ines. 3d w k M a y
4 9 9 ,8 2 3 9 .7 0 8 .8 8 9 9 ,9 5 1 .2 2 8
1 7 0 ,0 5 2
1 7 1 ,0 2 6
C h ea .O. & 8. W . A p ril..
N .P .& W .C ent. 3 d w k M ay 4 6 1 ,9 6 2
4*83,807 O h i o * M iss........ 2 d w k M a y
496',958
8 5 ,8 3 4 1 ,4 9 3 ,3 8 9 1 ,4 6 0 ,9 8 4
1 7 2 ,2 4 1
7 9 ,2 0 7
1 8 5 ,3 8 5
C hic. B u r. & N o.'M a rch
2 1 2 ,1 3 9
2 2 3 .8 3 7
1 4 ,5 2 5
,2 5 2 ,7 5 6 2 ,4 8 9 .2 7 9 9 .3 2 9 ,9 4 0 7 ,0 5 7 ,0 1 3 O h io R iv e r ......... 2d w k M a y
1 7 ,4 2 5
Chic. B url. & Q . M a tc h ___
1 9 9 .6 9 0
2 1 9 ,6 7 4
5 0 ,9 3 0
6 9 ,6 0 0 1 ,4 7 2 ,8 5 1 1 ,3 6 4 ,3 7 3 O h io S o u th e rn .. A p ril.........
4 5 ,5 2 9
8 2 ,2 0 0
O h io .* E ast. 111. 3 d w k M ay
1 4 3 ,1 8 7
6 0 7 ,6 2 3
1 8 4 ,2 2 1
7 2 8 ,8 7 9
2 2 9 ,3 8 4
4 2 ,9 2 7
4 0 ,0 5
2 5 5 ,3 7 5
C h ica go & E r ie . M a rch
O m a h a * St. L . . A p r il........
9 1 5 ,6 0 0
9 ,3 3 9
8 5 9 ,0 7 2
4 4 7.5 0 4 .0 3 6 O re g o n Im p . Co. M a rc h ___
3 0 7 ,9 5 8
4 6 4 ,4 6 3 I I ,
3 0 7 ,1 8 7
4 7 0 ,1 9 9
C h ic.M il. & S t.P. 3 d w k M ay
1,356,214 2 ,0 23,432 9 ,3 5 7 ,1 6 8 7 ,6 5 3 ,7 5 7 P e n n sy lv a n ia .. A p r il........... 5 ,7 4 6 ,7 30 5 ,3 7 9 ,0 0 3 21 ,4 2 3 .3 7 2 2 0 ,6 4 » , 5 0 4
Chic. A N ’ th w ’ n . A p r il
3 1 7 ,7 3 1
3 5 8 ,4 2 0
4 5 5 ,5 8 5
3 3 4 .6 5 7 i
14,2 56
1 9 ,8 2 7
2 3 ,0 2 5 '
1 4 ,8 0 6
O h ie.P eo.& S .L .f 2 d w k M a y
P e o ria D e c.& E v . 3u w k M a y
1 38 ,28 3
1 3 9 ,3 0 6
4 9 ,2 9 4
5 2 ,1 2 8
C h ie .R ’ k l.& P ... A p r i l ......... ,3 3 6 ,4 2 1 1 ,2 6 7 ,8 15 5 ,3 5 3 ,7 9 2 4 .6 0 8 .0 3 7 P e te rs b u rg ........ M arch
9 8 3 ,5 2 8
,0 5 9 ,8 9 5
3 2 5 ,9 3 8
7 8 ,0 3 8 1 ,6 3 0 ,5 3 9 1 ,4 3 7 ,3 9 3 P hila. & E r i e ... M arch
7 9 ,6 9 6
3 4 3 ,9 3 4
O h ic .8 t.P .* K .O .l2 d w k M a y
,0 3 8 ,0 2 2 6 ,3 4 4 ,7 3 3
5 5 0 ,4 1 0 2 ,0 1 5 ,5 0 5 1 ,4 9 3 ,3 9 2 P hila. & R e a d ’ g . A p ril............ 1 ,7 0 1 ,4 11 1 ,6 1 0 ,3 2 6
7 4 7 ,8 7 8
Ohic.St.P.M .& O . ¡M a rch ........
6 0 2 ,5 8 2
6 9 9 ,7 6 1
,6 9 1 ,3 3 9 5 ,2 5 0 ,0 6 7
3 0 .5 2 3
3 4 .4 6 5
C hic. & W. M ien . 3 d w k M ay
C o a l * I r o n Co. A p r il........... ¡1 ,6 3 0 ,3 0 4 1 ,3 0 5 ,6 9 6
5 9 4 ,8 0 1
1 8 ,4 4 0
,7 2 9 ,3 6 1 I I ,
1 9 ,4 59
5 ,3 7 0
5 ,1 9 7
C ln .G a . & P orts. A p r il
T o ta lb o th C o s. A p r il............ 3 ,3 3 1 ,7 4 5 2 .9 1 6 ,0 2 3
14,151
2 7 9 ,5 5 5
1 3 ,* 4 2
2 4 9 ,6 2 3
3 ,5 3 8
I I , 486
1 2 ,2 9 4
3 ,5 5 3
3J k
Gin. J a c k * M ac. ‘' d w 1 M ay
P itts. M ar. & Ch. A p r il..........
8 3 .1 3 6
1 1 3 ,8 1 4
6 9 ,1 9 3 1 ,5 0 8 ,8 4 3 1 ,5 1 4 ,9 8 1 P itt.S h e n .* L .E . A p ril..........
2 1 ,6 2 8
7 5 .4 7 1
2 8 ,4 1 7
d n . N . o . & T .P . 2 d w k M a y
1 0 7 ,0 4 9
6 7 7 ,9 7 5
6 4 1 ,6 4 4
9 4 ,8 1 9
32,is37
2 8 .0 9 2
1 0 7 ,0 4 9
9 4 ,8 1 9
A la . O t. S o u th . 2 d w k M ay
J a n u a r y ...
2 9 ,3 7 1
4 0 8 ,7 2 0 P ittsb. & W e s .’» J an u a ry .^ ,
4 3 9 ,2 5 1
3 8 ,0 4 7
1 8 .1 7 4
2 9 ,3 7 1
2 0 ,2 1 8
3 8 ,0 4 7
N. Orl. & N. E. 2 d w k M a y
P itts.C le v .& T .
1 5 ,5 8 #
2 2 4 ,8 5 2
2 2 4 ,7 6 3
1 5 ,1 1 6
8 ,0 6 8
1 5 ,5 8 9
8 ,4 6 3
1 5 ,1 1 6
A la & V ick sb . 2d w k M a y
P itts .P a in .* F . J a n u a r y ...
7 4 5 ,7 5 6
2 1 8 ,6 7 8
2 0 1 ,3 2 4
8 7 6 ,0 4 4
4 2 ,6 5 4
7 ,3 2 3
6 ,7 4 5
4 7 ,1 8 7
2d w k M ay
V iC K S.Sh.& P.
T o ta l system 3 d w k M a y
2 4 1 ,3 2 7
3 8 9 ,6 7 9
7 2 ,6 1 4
1 3 5 ,0 9 5 3 ,0 1 5 ,8 2 5 3 ,0 4 5 ,2 0 6 P itt. Y o u n g . * a . A p r il..........
1 1 8 ,6 8 3
■ E rla n g e r Syst. 2 d w k M a y 1 3 8 ,9 8 9
9 3 ,3 1 2
6 .5 4 0
6 ,1 8 5
5 4 ,6 7 7
4 9 ,4 3 7
1 ,6 3 5
1 ,7 5 9
3 3 ,4 7 1
O in n .N orth w ’n . A p r il........
Pt. R o y a l & A u g . F e b r u a r y ..
9 4,4 61
6 4 ,7 0 5 P t .R o y .* W .C a r . F e b ru a ry ..
6 9 ,7 6 8
5 4 ,0 8 9
20,002
le ,5 » l
4 7 ,5 5 8
3 4 ,7 8 3
Clin.-Ports. & V .. A p r i l . . . . .
3 2 ,7 1 3
3 ,7 4 9 P res.& A riz.C 'en. A p ril..........
4 ,6 7 6
3 2 ,8 0 0
9 ,5 2 4
I , 634
1 ,0 9 6
9 ,6 6 0
C ol. & M a y s v . A p i i l .........
8 1 ,8 2 4
9 0 ,8 0 8
1 5 ,4 0 4
1 9 ,3 0 6
1 2 ,9 8 7
1 9 ,1 1 2
A p r il..........
C in. W a b .&Mi c h . 2 d w k M a y
5 2 6 ,9 0 0
3 1 9 ,3 1 6 Q u in cy O . * K .C . J a n u a r y ...
3 3 7 ,8 1 2
4 3 2 .9 0 0
5 2 6 ,9 0 0
1 6 .0 1 5
1 9 ,3 0 0
4 3 2 .9 0 0
C le v . A k ron &Co 1 2 d w k M a y
1 8 8 .3 0 0
1 2 1 ,9 1 5 R ich .& D a n v ilie . J a n u a r y ...
1 4 5 ,9 2 6
1 4 1 ,5 0 0
1 83 .30 0
44.011
5 7 ,1 4 6 ,
1 4 1 ,5 0 0
Olev. & Canton.. M a r c h ........
V ir. M id la n d ..
9 5 ,7 0 0
6 8 .5 0 0
2 3 0 .0 5 2 4 ,7 1 2 ,4 6 0 4 ,6 2 1 ,5 1 4
2 3 8 ,1 7 3
9 5 ,7 0 0
6 8 .5 0 0
Ch.Cin.Ch.&S.L. 2 d w k M ay
C har.C ol.& A u. J a n u a r y ...
9 0 .9 0 0
5 4 8 ,0 0 4
6 2 7 ,9 5 9
7 1 ,6 o 0
3 1 ,9 4 1
9 0 ,9 0 0
2 7 ,4 9 6
7 1 ,6 0 0
P eo. & E a s t’n. 2 d w k M a y
Col. & G re e n v. J a n u a r y ...
8 2 ,5 0 0
1 1 5 ,3 6 6
6 3 .5 0 0
105 ,11 1
8 2 .5 0 0
3 1 ,0 2 6
2 8 .0 9 3
6 3 .5 0 0
C le v . & M arietta A p r i l . . . . .
W est. N o. C ar. J a n u a r y ...
1 6 8 .3 0 0
7 6 0 .3 8 4
1 8 2 .9 0 0
7 7 7 ,3 9 9
4 3 ,0 4 1
1 6 8 .3 0 0
4 3 ,1 9 5
1 8 2 .9 0 0
C olor. M id la n d .. 3 d w k M a y
J a n u a r y ...
G e o r g ia P a c ..
9 ,9 0 0
8 6 5 .1 5 7
9 ,7 2 0
9 8 2 ,3 5 7
9 ,9 0 0
2 8 0 ,3 5 3
2 5 3 ,0 0 8
9 ,7 2 0
C ol. „ .. V . & T ol. 'A p r il.. . . . .
H (BR____1
W ash.O .& W .. J a n u a r y ...
1 4 ,0 0 0
1 5 3 ,6 9 7
1 1 ,7 0 0
2 2 5 ,1 5 0
1 4 ,0 a 0
9..351
1 4 ,4 1 8
1 1 ,7 0 0
0 o l.8 h a w n e e * H ,2 d w k M a y
A sh v . & Spart. J a n u a r y ...
7 ,3 9 5
1 4 8 ,3 0 0 4 ,4 8 3 ,1 0 5
6 ,4 2 2
2 4 7 .1 5 5 4,
1 ,4 2 2
1 ,695
2 3 6 ,0 5 5
C o lu sa & L a k e .. A p ril
T o t a l S ys’ m. 4 t h w b A p r
8 0 .3 5 7
3 3 5 ,5 4 7
8 4 ,0 7 7
3 5 7 ,0 9 4
2 8 .4 1 4
9 0 ,1 2 9
1 0 1 ,7 1 6
3 0 ,7 7 9
■Gopn. R i v e r . . . A p ril_____
M a r c h ........
6 9 ,3 4 9
5 3 ,5 8 8 R ich . & P etersb. 3 d w k M ay
2 0 8 ,4 6 1
5 8 ,5 0 8
5 ,1 5 1
2 ,4 0 2
3 ,2 2 4
1 3 ,0 6 5
C urren t R iv e r .. 2 d w k M a y
R io G r’ d e South.
8 4 5 ,4 8 6
8 7 5 ,7 9 4
5 0 ,0 0 0
16 0 ,5oO 3 ,2 1 2 ,7 6 8 2 ,8 6 1 ,6 5 6 R io G r. W e s t. 3 d w k May.
4 7 ,5 0 0
1 5 4 ,3 0 0
D e n v . & R io O r 3 d w k M a y
2 8 ,9 5 7
9 7 ,1 9 4
3 1 .2 1 4
1 2 6 ,3 2 4
8,100
2 6 ,3 7 2
2 8 ,0 3 2
9 ,2 0 9
© e s M . N o. & W A p ril.
A p r il...........
5 0 8 ,4 4 2
4 9 2 ,5 1 8
1 5 7 ,4 0 8 8 a g .T u sco la & H 2 d w k May
1 2 1 ,9 0 3
2 3 .5 0 0
3 2 ,5 7 6
2 1 ,9 6 4
2 9 .1 3 8
D et.B a y C .& A lp A p r i l.____
S t.L .A .& T .H .B ’ s
4 ,6 0 9
4 2 8 ,0 0 9
9 ,1 3 5
4 3 1 ,0 8 0
1,6 6 1
21.011
3 ,1 6 2
2 0 .7 2 8
D et.L a n s’ g & N o 3 d w k M ay
M a r c h ........
6 1 4 ,2 5 9 S t L .K e n ’ e t .* 8 o 3 d w k M ay
,5 4 6 .8 1 2 1 ,5 1 9 ,2 7 4
7 5 9 ,0 1 7
4 3 .1 6 4
6 3,3 31
6 5 ,3 9 6
4 5 ,0 8 9
D u lu th S .S .& A ti 3d w k M ay
4 0 9 ,2 6 2
2 5 ,4 2 5 gt.L . S o u th w ’rn . A p r il..........
5 3 6 ,26U
4 7 ,3 6 4
1 1 4 ,9 5 2
6 ,2 2 3
1 3 4 .7 7 0
I I , 9 13
D u lu th * W inn. A p r il..........
St. P a u l & D u l’ tb
4 6 0 ,8 6 0
3 9 3 ,2 0 7
134,075
1 26 ,11 8 2 ,4 3 7 ,7 0 0 2 ,7 9 3 ,4 5 2 Ban A n t.& A .P . A p r il..........
1 38 ,66 7
E .'ie n n . V a. & G a 1 st w k M ay 1 1 5 ,3 1 3
3 ,0 0 1
2 0 5 ,1 4 9
1 ,; 66
2 7 2 ,8 3 2
6 93
5 0 ,9 7 7
314
6 8 ,5 5 9
E lg in J ol.& E a st. A p r i l .........
S a n d e r s v .* T e n A p r il..........
2 4 0 ,3 1 1
2 5 3 ,0 6 6
1 5 .1 6 4
1 4 ,1 7 4
1 5 ,7 9 1
1 2,5 85
2d w k M ay
E liz.L ex .& B .B ... 2d w k M a y
1 2 1 ,8 6 4 S. F ra n .& N .P a c A p r il.. . . .
1 5 8 ,7 4 6
1 4 7 ,8 3 0
1 3 2 ,9 2 7
3 7 ,4 3 2
6 ,3 6 3
6 ,4 3 9
3 8 ,4 18
3d w k M ay
E v a n s .& In d ’plia
3 2 8 ,2 1 3
4 3 0 ,9 9 3 8 a v . A m . & M on J a n u a ry ..
4 5 7 ,9 0 3
3 2 6 ,6 2 4
3 2 8 ,2 1 3
1 9 ,8 7 2
3 2 6 ,6 2 4
2 1 ,5 1 9
E v a n s v . & T. H. 3d w k M a y
S av .F la . & W est
1 5.0 59
7 ,0 0 3
0,
4 ,2 7 1
nil
Fitchburg........ M a r c h ___ i 5 9 9 ,4 1 9 5 7 5 ,0 0 6 1 ,6 8 7 ,9 9 4 ! 1 .6 2 6 ,1 4 8 S ilv e r t o n .......... A p r il.........
1 ,1 2 8,50 0
1 4 0 ,4 5 0
1 3 4 ,0 4 4
1 ,1 3 5 ,2 9
3 7 ,3 9 2
4 9 ,9 6 5
3 3 ,0 u 0
5 0 ,4 4 9
A p r il........
F lin t. & P . M ara. 2 d w k M ay
1 2,5 41 Sioux C i t y * No M a rch ___
4 0 ,7 3 0
8 ,2 2 6
6 .4 3 6
1 5,4 42
5 ,2 6 2
F lo r e n c e ............. F e b ru a ry ..
8 0 ,7 1 8 S ou th B o u n d ..
1 4 0 ,7 5 6
3 ,1 3 5
6 ,0 5 5
F t. W . & R io Gr. 3d w k M a y
2 4 1 ,5 3 5 S o. P a cific C o.— M a r c h ..
9 9 2 ,2 0 2
2 6 6 ,6 1 0
3 5 1 ,1 2 4 1 ,0 3 2 ,6 9 7
1 1 0 ,1 5 6
1 31 ,87 1
3 39 ,516
Ft. W orth & D en v F e b ru a ry ..
G a l.H a r.& S .A
2 3 ,9 0 8
¿ 7 3 ,4 7 9
2 2 6 ,7 9 1
2 6 ,2 1 8
6 9 ,5 2 9
1 4 ,0 5 4
12,5 88
85,,889
M a r c h ..
Ga. Oar’ ia * N o F e b ru a ry ..
L ouis’ a W est
5 3 5 ,9 3 9
1 ,2 8 0 ,2 3 2 1 ,5 3 3 9 6 5
3 8 5 ,3 3 6
1 63,681
,063
123 ,24 5
4 2 9 ,3 7 8
3 -8 ,
G eorg ia R R ....... M a rc h ........
M orga n ’ sL & T M a r c h ..
2 3 6 ,9 2 6
4 6 ,1 3 2 !
3 3 ,7 1 5
2 4 7 ,7 3 8
5 5 ,4 8 3
8 ,4 7 5
5 8,9 52
12,,398
G eo. b o . * F l a . . A p ril..........
N. Y .T .& M e x M a r c h ..
7 ,3 5 3
8 ,1 5 9
4 1 2 ,7 2 8 '
3 6 0 ,0 6 7
3 ,3 2 3
1 2 2 ,0 7 8
4 ,0 5 0
140 ,9 1 3
G e o r g e t’n & W ’ i F eb ru a ry ..
T e x . & N . O n M a r d i ..
8 5 9 ,1 7 7
9 2 2 .3 7 9
4 3 ,2 8 1
9 8 8 ,3 4 7 3 ,0 8 7 ,1 0 7 ! 3 .1 7 1 ,8 4 3
4 3 ,7 7 7
9 7 6 .087
M a r c h ...
G r .R a p . & I n d .. 3 d w k M ay
A tla n tic s y s.d
1 6 5 ,4 0 3
1 7 6 .6 1 3
7 ,5 0 8 ,6 2 8 7 .7 o 3 ,1 5 7
7 ,4 6 0
7 ,8 4 5
-O in .R .& F t. W. 3d w k M a y
P a cific system M a rch ........ 2 ,6 8 2 ,339 ,7 2 1 ,0 9 3 1 0 ,5 9 5 ,7 3 3 1 6 ,8 7 5 ,0 0 0
8 4 .9 2 7
9 0 ,3 3 8
4 ,3 3 3
4 ,2 0 2
O th er l i n e s . .. 3 d w k M ay
T o ta l o f a ll.. M a r c h .... 3 ,6 5 8 ,426 ,7 0 9 ,4 4 0
1 ,1 8 9 ,3 3 1 1 ,1 0 9 ,5 0 7
5 5 .0 7 4
5 5 ,8 2 4
T o ta l all lines. 3d w k M ay
Pa
3 4 0 ,9 8 8 7 ,1 7 9 ,9 8 1 6 ,8 4 8 ,9 0 5 So o a stc. R R .— U M a rc h ___
3 5 6 ,5 8 1
1 6 1 ,8 4 7
164 ,68 7
G ra n d T r u n k .. . W k M a y 21
C
O iv (C a
1 ,4 4 2 ,7 1 9 1 ,3 7 3 ,2 5 0
6 0 ,9 4
6 6 ,7 3 7
C hic * G r .T r . Wk M ay 14
R a ilr o a d
ftite llig e ttC E .
RAILROAD EARNINGS.
THE CHRONICLE.
May 28, 1892. j
R oads
L a test E a rn in g s R ep orted.
W eek o r M o 1 89 1 -9 2.
8 o .P a c .R R .- Con
S ou. D iv . (C ao
A rizo n a D i v ..
N e w M e x .D iv .
S ou th C a rolin a .
S pa r. U n. A C ol.
S ta te n Ial. R . T .
S to n y C l.A C M t..
S u m m it B ra n ch .
L y k e n s V a lle y
T o t ’l b o th C o’ a
X en n. M id la n d ..
T e x a s C e n tr a l..
X e x a s A P a cific.
X e x .S .V a )A N .W .
T ol. A . A .& N . M.
T ol. C ol. A C in .
X ol. A O h io C ent.
X ol. P . A W e s t ..
X ol. St. L . A K .C .
T o l. A S o. H a v e n
U lste r A D e l ___
U n ion P a c ific —
Or. 8.L . A U . N.
O r .R y .A N . Co.
U n .P a c.D .A G .
S t.J o .A G ’ dJsl.
A llo t h . lin e s ..
T ot.U .P .S y s.
C e n t.B r.A L .L .
T o t. oo n t’ led
M on ta n a U n ..
L e a v .T o p . A 8.
Man. A l. A B ur.
J o in t.o w n ’ d ,. .
G ra n d to ta l.
V e rm o n t V alley
W a b a sh ................
W est J e r s e y .......
W .V .C en .A P ltts.
W estern o f A la .
W est.N . Y. A Pa.
W e s tV ir .A P ltts .
W h eelin g
L . E.
W il. C ol. A A n g.
W righ tsv. A T e n .
1890-91.
F e b r u a r y ..
A p ril..........
M a rch ........
A p r il..........
A p r il..........
A p r il..........
A p r il..........
M a rc h ........
3d wk M ay
A p r il..........
A p ril..........
3d w k M ay
3 d w k M ay
2d w k M a y
3d w k M ay
A p r il..........
M a r c h ........
M a r c h ........
M a r c h .. ...
M a rch ........
2 d w k M ay
M a rch ........
vi a r c h ........
M a rc h ........
M a rch .......
M a r c h ,___
M a rc h ........
M a rc h ........
M a rch ........
M a r c h ...
A p ril..........
3 d w k M ay
M a rc h ........
A p ril..........
M a rch ........
2d w k M ay
M a rch ........
3 d w k M ay
F e b r u a r y ..
A p r i l .........
550, 6 9 2
326, 2 08
4 35 833
17, 331
1.737, 4 07
3,143. 9 05
106, 3 2 4
3.250, 229
90, 268
2. 169
3, 4 2 7
95, 8 6 4
3,298, 161
15, 8 25
213, 8 00
102, 9 7 6
89, 4 52
35, 298
64, 9 0 0
25, 114
28, 339
75, 013
5, 179
A pril..........
1 8 9 1 -9 2 .
$
5 3 2 ,1 4 4 '
144,1381
7 3 ,3 6 1 !
1 1 2 .7 6 8
*
6 1 3 ,0 9 9
1 5 0 ,7 8 9
8 1 ,4 5 3
9 0 .8 0 0
1 0 ,0 8 4
7 1 ,0 0 0
1 ,5 9 4
1 0 9 ,4 9 6
8 5 ,6 1 1
1 9 5 ,1 0 7
1 2 ,5 6 2
1 4 .4 7 4
8 6 ,0 7 7
3 ,4 2 5
9 6 ,2 9 7
5 ,9 2 2
2 6 ,5 7 8
1 6 ,0 0 9
2 8 ,3 1 2
2 ,1 7 7
2 6 ,8 3 6
M a r c h ........
M a r c h ___ _
M a r c h ........
J a n . 1 to L a test D at
2 ,4 5 7 ,0 8 0
1 3 .7 7 0
3 2 9 .6 7 8
1 2 6 ,6 5 1
5 1 3 ,9 8 5
3 2 4 ,4 2 1
6 4 1 ,7 9 1
8 ,2 1 5
6 0 ,9 6 8
1 ,4 9 7 ,8 9 6
8 8 3 ,3 9 3
1 ,2 7 0 ,7 8 4
4 0 1 ,2 6 3
5 ,0 5 0 ,0 5 9
8 ,9 7 6 .4 8 5
3 1 7 ,8 7 3
9 ,2 9 4 ,3 5 8
2 7 3 ,0 9 2
6 ,4 5 6
9 ,1 4 6
2 8 8 ,6 9 3
9 ,4 3 8 .7 0 4
5 6 ,5 3 4
5 ,0 2 4 ,4 6 7
2 8 0 ,1 6 9
3 4 5 ,8 1 1
1 21 ,05 1
1,173.781
6 4 ,5 5 7
5 1 4 ,6 7 0
1 4 5 ,3 4 0
2 2 ,6 8 7
1 ,7 9 3 ,9 1 4
1 ,2 3 2 .0 8 9
1 ,1 4 9 ,4 2 5
2 6 3 ,7 0 0
4 ,5 6 2 .2 9 8
8 ,8 3 4 ,8 6 9
1 46 ,39 1
9 ,0 3 1 ,2 6 0
2 5 6 ,3 5 4
6 ,4 1 2
9 ,4 8 8
2 7 2 ,2 5 3
9 ,1 6 7 ,3 8 6
5 ? ,6 8 5
4 ,6 4 9 ,1 9 1
2 7 6 ,9 6 3
3 5 7 ,4 4 1
155 ,26 1
1 ,2 0 8 .0 4 1
3 3 ,7 5 2
4 5 9 ,6 4 3
2 0 6 ,0 0 5
3 2 ,3 8 3
* F ig u res c o v e r o n ly th a t p a r t o f m ile a g e lo c a te d in S ou th
t E a rn in g s g iv e n a re o n w h o le J a c k s o n v ille S ou th ea stern
b K a n s a s C ity & P a c ific in clu d e d in b o t h y e a rs , e W e ste rn
t ic in clu d e d in 1 8 9 2 , b ut n o t in 1 89 1 .
A I n c lu d e s ea rn in g s
rie s, e tc ., n o t g iv e n s e p a ra te ly .
1 M e x ic a n cu rre n c y .
Latest G ross E a rn in gs by
6 2 1 .2 7 3
2 6 ,1 7 6
2 3 7 ,2 9 1
3 ,3 6 3
4 0 5 ,8 9 3
2 8 9 ,8 5 0
6 9 5 ,74 1
6 0 ,4 8 9
4 9 1 .2 9 3
1 8 ,6 9 2
6 7 ,3 5 2
2 4 4 ,8 5 6
3 ,9 4 2
1,1981
1 0 5 ,9 1 3 ,
4 2 3 ,3 5 8
8 0 ,4 5 5
3 1 8 ,3 7 8
7 4 1 ,7 3 6
1 8 6 ,3 6 8
5 2 ,8 4 6
14,839|
5 5 ,4 0 2
9 7 ,2 9 0 2 ,3 9 9 ,1 8 7
15,0 95
3 ,7 8 8
3 4 6 ,5 5 8
8 9 ,5 5 5
6 ,4 2 1
1 1 6 ,2 2 0
5 3 5 ,4 9 3
2 1 ,5 2 7
3 6 1 ,2 3 3
1 7 ,0 1 6
7 4 0 ,8 8 7
3 8 ,0 3 3
7 ,8 3 6
2 ,4 5 3
6 9 ,4 2 8
2 1 ,6 7 9
6 1 6 ,6 1 0
4 1 0 ,9 3 2
3 8 9 ,3 0 8
15.9G5
,7 1 5 ,5 1 5
,1 7 6 .8 5 8
53,491
,2 3 0 ,3 4 9
8 0 ,3 3 8
1 ,5 4 9
3 .3 8 7
8 5 ,2 7 4
,2 7 2 ,9 8 6
1 4 ,4 4 6
2 2 4 ,8 0 0
9 9 ,1 5 5
9 5 ,0 4 8
4 2 ,7 0 1
6 7 ,0 0 0
8 ,6 9 8
2 6 ,0 5 0
9 8 ,8 8 3
6 ,6 5 5
C a ro lin a
S y s te m .
A A tla n .
fr o m fe r
W eeks,— The latest weekly
earnings in the foregoing table are separately summ ed up as
follow s:
For the third week o f May, ow ing to the bad weather w hich
prevailed, the returns are unfavorable in a great many cases.
In the aggregate in the 48 roads included below, there is an
increase o f $47,573, or 0-88 per cent.
3 d w eek o f M ay.
A tc h . T op . A S .F .( 4 rds)
B a lt, A O h io S o u th w e s t’n
B u ffa lo K och . A P it t s b ..
C an ad ia n P a c ific ..............
C h esap ea k e A O h io ........
C h ica g o A E ast. Illin o is .
C h ica g o M ilw . A St. P a u l
C h ica g o A W est M ich igan
C in cin n a ti J a c k . A M ack
D e n v e r A R io G r a n d e . .
D e tro it L ans. A N orthern
D u lu th 8 . 8. A A t l a n t i c ...
E v a n s v ille A I n d ia n a p ...
E v a n s. A T erre H a u te .. . .
F t. W o rth A R io G ra n d e.
G ra n d R a p id s A In d ia n a .
C in cin n a ti R . A F t. W ..
O th er lin e s ........................
G ra n d T ru n k o f C anada . .
I o w a C e n tra l.......................
K a n a w h a A M ic h ig a n ..
L a k e E r ie A W e ste rn ___
L o n g I s la n d .........................
* L o u isv . E v a n s v . A St. L.
L o u is v ille A N a s h v ille ...
L o u is. N. A lb a n y A C h ic.
M e x ica n C e n tra l...........
M e x ica n N ation a l .............
M ilw a u k ee A N o r t h e r n ..
M o. K a n sa s A T e x a s ........
*M o. P a c ific A i r o n M t ..
N ew Y o r k C u t. A W e s t ..
N o rfo lk A W estern ........
N o rth ern P a c it ic ...............
W iscon sin < en tra l lin es
P e o r ia D e c. A E v a n s v ...
P itts b u rg A W e ste rn ____
R io G ran d e W e s t e r n ... .
St. L o u is S outh w e s t e r n .
T e x a s a P a c i f i c ___ . . . . .
T o le d o C ol. A C in cin n a ti.
T o le d o A O h io C e n t r a l...
T o le d o St. L. A K a n . City
* W abash...........— . . . .
W h e e lin g A L a k e E r ie . . .
189 2
189 1 .
»
8 7 7 ,2 4 6
4 5 ,6 2 9
5 9 ,9 8 7
3 77,000
148,821
82,200
4 7 0 ,1 9 9
3 4 ,4 6 5
1 2 ,2 9 4
1 5 4 ,3 0 0
2 0 ,7 2 8
4 5 ,0 8 9
6 ,4 3 9
2 1 .5 1 9
6 ,0 5 5
4 3 ,7 7 7
7 ,8 4 5
4 ,2 0 2
3 5 6 ,5 8 1
3 4 ,3 8 4
8 ,6 6 3
5 7 ,7 5 2
8 3 ,8 64
2 0 ,4 3 2
3 7 7 ,3 6 0
6 1 ,0 9 9
161.001
6 9 ,1 7 8
3 0 ,9 8 8
1 6 1 ,2 5 0
3 6 1 ,0 0 0
6 9 ,9 3 2
1 8 9 ,0 6 9
3 7 5 ,3 7 9
8 6 ,5 8 3
1 4 ,8 0 6
4 7 ,1 8 7
4 7 ,5 0 0 '
6 5 ,3 9 6
8 6 ,0 77
5 ,9 2 2
2 6 ,5 7 8
2 -,3 1 2
2 1 3 ,8 0 0
2 8 ,3 3 9 (
$
8 6 9 ,1 1 1
4 5 ,2 5 3
54,858
3 5 6 ,0 0 0
1 65 ,88 2
6 9 ,6 0 0
4 6 4 ,4 6 3
3 0 ,5 2 3
1 1 ,4 8 6
1 6 0 ,5 0 0
21,0 11
4 3 ,1 6 4
6,3 6 3
19,8 72
3,1 3 5
43,281
7 ,4 6 0
4 .3 3 3
3 4 0 ,9 8 8
2 6,661
6 ,0 L3
5 7 ,5 2 9
8 6 ,7 6 3
2 9 ,0 8 2
3 3 5 ,4 5 0
5 5,4 84
1 26,971
' 8 2 ,8 8 2
2 8 ,0 0 1
160 ,04 7
3 8 9 ,0 0 0
5 6 ,6 6 8
178 ,63 5
4 0 5 ,5 9 9
9 4 ,2 2 4
14,2 56
4 2 ,6 5 4
5 0 ,0 0 0
6 3,3 31
9 7 ,2 9 0
6,421
2 1 ,5 2 7
38,0 33
2 4 2 ,8 0 0
2 6 ,0 5 0
5 ,4 3 8 ,6 5 4
5 ,4 8 6 ,2 2 7
N et in cr e a s e (0 88 p . c . ) .
1
In crea se. j D ecrea se
$
8 ,1 3 5
376
5 ,1 2 9
2 1 ,0 0 0
$
6 ,2 0 0
2 83
131
.............
2 ,8 9 9
8 ,6 5 0
4 1 ,9 1 0
5 ,6 1 5
34,0 30
13,7».4
2 ,9 8 7
1 ,2 0 3
2 8 ,0 0 0
1 3 ,2 6 4
1 0 ,4 3 4
3 0 ,2 2 0
7 .6 4 1
550
4 ,5 3 3
2 ,5 0 0
2,0 6 5
1 1 ,2 1 3
499
5 ,0 5 1
9 ,7 2 1
2 9 ,0 0 0
2 ,2 8 9
1 6 7 ,7 2 2
The final statement for the second w eek o f May covers 83
Decrease,.
4 0 9 ,5 6 1
2 9 6 .8 6 4
6 ,6 5 1 ,7 5 4
N et in c r e a s e (4 4 6 p .c.)
$
7 9 ,9 6 4
1 ,9 5 0
4 ,4 6 9
5 ,1 0 1
5,7 8 3
1,653
350
3 ,8 9 4
2,4 1 7
3 ,2 8 5
8 ,1 2 1
4 ,4 4 5
2 .2 9 0
5 ,0 6 7
8 22
2 ,0 7 0
1 ,5 8 9
__ _ t - - m
484
2 ,8 8 3
3 57
1,1 8 7
1 ,5 2 4
59
_, , f ^ r
457
5 ,6 7 3
18,4 21
2 .9 0 0
7 ,4 6 2
1 ,3 6 6
1,5366 27
1 ,0 0 7
2 ,1 0 0
..............
1 1 2 ,6 9 7
t D e c re a s e d u e t o flo o d s.
Net E arn in gs M on th ly to Latest Dates.—The
table fol
low ing shows the net earnings reported this week.
A full
detailed statement, including all roads from w hich monthly
returns can be obtained, is given once a m onth in these
columns, and the latest statement o f this kind w ill be found
in the C h r o n i c l e o f May 21. The next w ill appear in th e
issue o f June 18.
,----- C ross E a rn in g s.
,,-------Net E a rn in g s.------- »
189 2 .
1892.
1891.
R oa ds.
$
$
$
C e n t.o f N e w J e r s e y a A p r.
..............
1 ,7 9 1 ,4 6 4 1 ,6 5 0 ,2 3 7
J a n . 1 to A p r. 3 0 .........................
C entral P a c i f i c ...b ..M a r . 1 ,1 0 9 ,5 9 7
J a n . 1 t o M ar. 3 1 . . . 3 ,0 6 1 ,7 9 3
1 ,2 4 6 ,9 8 6
3 ,4 5 3 ,7 9 1
4 4 2 ,5 5 9
1 ,0 7 9 ,4 3 6
5 5 3 ,7 6 0
1 ,4 5 3 ,1 6 6
O h e sa n e a k e A O h io .a .A p r.
6 7 2 ,2 3 6
J an . 1 to A p r. 3 0 . . . 2 ,7 6 5 ,9 3 3
J u ly 1 t o A p r. 3 0 . . . 7 ,5 6 7 ,9 5 8
6 7 0 ,4 0 7
2 ,6 1 3 .8 0 4
6 ,7 2 5 ,4 7 2
1 5 0 ,3 6 3
6 3 3 ,9 0 5
1 ,9 3 7 ,0 0 3
1 3 5 ,1 4 0
5 9 4 ,7 0 1
1 ,7 4 6 ,6 3 5
6 9 7 ,7 9 5
file . M il.A S t.P a u l.a A p r. 2 ,4 2 8 ,0 1 6 2 ,1 0 5 ,5 6 0
J an . 1 to A p r. 3 0 . . . 9 ,8 9 4 ,0 7 6 8 ,0 6 2 ,6 4 1 3 ,0 3 5 ,2 4 6
J u ly 1 to A p r. 3 0 .-.2 7 ,4 4 7 )1 1 1 2 3 ,2 5 9 ,0 6 2 1 0 ,0 9 4 ,1 4 5
5 9 6 ,1 4 5
2 ,2 8 0 ,7 5 5
7 ,9 1 0 ,6 5 3
S T .Y .L .E .A W estern .cA p r. 2 ,4 9 5 ,2 3 5 2 ,2 3 4 ,0 3 2
*8 0 9 ,1 0 2
* 7 3 4 ,0 5 7
J a n . 1 to A p r. 3 0 . . 9 ,4 3 2 ,9 0 3 8 ,7 5 1 ,9 9 4 * 2 ,7 9 1 ,9 9 6 * 2 ,8 0 8 ,8 5 7
O ct. 1 t o A p r. 3 0 . . . 1 7 ,6 3 2 ,6 4 0 1 6 ,3 5 6 ,7 9 2 *5 ,5 0 4 ,4 1 5 ’ 5 ,3 7 6 ,7 1 $
2 0 ,8 7 8
5 3 ,7 0 9
4 3 ,6 6 3
1 4 2 ,4 3 9
5 4 2 ,9 7 9
2 ,0 4 9 ,4 2 6
1 5 1 ,4 5 9
6 1 3 ,6 2 5
1 8 7 ,4 2 0
5 9 5 ,8 3 9
P e n n , (ea st P. A E .) . A p r. 5 ,7 4 6 ,7 3 0 5 ,3 7 9 ,0 0 3
J an . 1 t o A p r. 3 0 ...2 1 ,4 2 3 ,3 7 2 2 0 ,6 4 9 ,5 0 4
1 ,7 3 8 ,1 2 2
6 ,0 2 8 ,8 8 1
1 ,6 0 8 ,5 3 4
5 ,9 3 2 ,1 4 7
L in e s w e s t o f P . A E . A p r.
J am 1 to A p r. 3 0 . . .
I n c . 4 5 3 ,7 1 1
I n c . 1 ,9 4 7 ,3 3 5
D eo.
In c.
4 2 ,5 0 4
5 1 9 ,3 3 3
P h ila . A R e a d in g ___ A p r. 1 ,7 0 1 ,4 4 1
J an . 1 t o A p r. 3 0 . . . 7 ,0 3 8 ,0 2 2
D e c. 1 to A p r. 3 0 . . . 8 ,9 1 9 ,5 4 5
1 ,6 1 0 ,3 2 6
6 ,3 4 4 ,7 3 3
8 ,0 3 0 ,8 4 4
6 8 8 ,7 6 7
2 ,9 2 9 ,0 8 5
3 ,8 3 6 ,7 7 0
1 ,3 0 5 ,6 9 6
5 ,2 5 0 ,0 6 7
6 ,8 5 6 ,4 4 3
d e f.2 3 ,5 0 5 d e f.8 0 ,4 6 4
d e f.4 9 ,3 0 9 d f.3 2 0 ,9 8 7
2 3 ,0 1 5 d f.3 1 1 ,1 2 0
T o ta l b o t h C o’ s . . . . A p r . 3 ,3 3 1 ,7 4 5 2 ,9 1 6 ,0 2 3
J a n . 1 to A p r. 3 0 .1 3 ,7 2 9 ,3 6 1 1 1 ,5 9 1 ,3 0 1
D e c . 1 t o A pr. 3 0 . 1 7 , 395,306 1 4 ,8 8 7 ,2 8 8
6 6 5 ,2 6 2 „ 6 0 5 ,9 9 1
2 ,8 7 9 ,7 7 6 2 ,2 6 9 ,3 0 2
3 ,8 5 9 ,7 8 5 2 ,9 7 8 ,8 1 9
tP h il.W ilm . A B a lt ..M a r .
.............
J an . 1 to Mar. 3 1 . . 2 ,0 5 2 ,8 2 1
1 ,5 2 8 ,6 9 4
S an A n t. A A ra n . P..M ar.
Jan . 1 to M a r 3 1 . . .
2 5 4 ,5 4 0
3 2 6 ,7 8 5
San F ran. A N .P a c .a A p r .
J a n . 1 to A p r. 3 0 . , .
J u ly 1 to A pr. 3 0 . . .
6 4 ,5 8 5
2 2 2 ,7 7 3
7 3 1 ,9 0 6
6 2 ,7 9 5
2 0 8 ,1 3 4
6 7 5 ,5 3 3
3 5 5 ,8 9 4
6 8 6 ,4 5 5
2 ,5 9 0 ,2 9 0
3 ,2 8 9 ,9 3 8
2 7 3 ,9 5 0
d e f.6 4 ,1 3 5 d e f. 1 8 ,3 1 6
1 7 ,4 8 0
3 6 ,2 0 2
2 5 9 ,3 1 1
1 8 ,5 8 6
3 4 ,9 7 4
2 1 8 ,4 4 5
a N e t ea rn in g s h e re g iv e n a re a fte r d e d u c tin g t a x e s ,
b N et e a rn in g s h e re g iv e n a re b e fo r e d e d u c t in g t a x e s ,
c N e t ea rn in g s a re h e re g iv e u a fte r d e d u c t in g t a x e s o n p r o p
* A ft e r d e d u c tin g p r o p o r t io n d u e ro a d s o p e r a t e d o n a p e rce n ta g e
basis, n e t in A p r il, 1892, w a s $ 5 8 9 ,8 6 3 , a g a in st $ 5 3 7 ,8 2 5 in 1 8 9 1 ^
J a n u a ry 1 to A p r il 3 0 $ 1 ,9 8 3 ,4 9 1 , a g a in s t $ 2 ,0 4 9 ,6 0 9 , a n d O c to b e r 1
to A p r il 3 0 $ 3 ,9 7 8 ,9 6 8 , a g a in st $ 3 ,9 1 7 ,3 2 5 .
t C overs 6 48 m ile s th is y e a r, a g a in s t 5 1 9 la s t year.
In terest Charges and S u r p lu s —The follow in g roads, in
-addition to their gross and net earnings given above, also
•report charges for interest, & c., with the surplus or deficit
Above or below those charges.
* D e c r e a s e d u e t o flood s.
roads and showy 4‘48 prr een- in crease
In crea se.
C oal A I r o n C o ........A p r. 1 ,6 3 0 ,3 0 4
J a n . 1 to A p r. 3 0 . 6 ,6 9 1 ,3 3 9
D e c . 1 to A p r. 3 0 . 8 ,4 7 5 ,7 6 1
1 ,925
76
1 ,6 4 7
2 ,9 2 0
4 96
3 85
2 1 5 ,2 9 5
4 7 ,5 7 3
1891.
$
3 2 4 ,5 0 6
1 1 ,7 1 6
4 ,7 1 3
5 4 2 ,2 8 2
N o rth e rn C e n t r a l.b . Apr.
J a n . 1 t o A p r. 3 0 . . . 2 ,2 1 2 ,3 1 7
17,061
1 5 ,5 9 3
7 ,7 2 3
2 ,6 5 0
2 23
j
$
1
?
4 ,9 0 1 ,7 0 2 ! 4 ,6 5 7.16 0
6 4 9 ,0 2 7 1 6 37 .31 4
3 4 ,7 6 6
3 0 ,0 5 3
1 1 4 ,6 5 6
1 1 6 ,6 0 6
3 4 ,0 0 0 i
2 9 ,5 3 1
6 4 ,1 7 6
5 9 ,0 7 5
66.7371
6 0 ,9 4 9
7 9 ,6 9 6
7 8 ,0 3 8
1 2 .5 9 6
1 2 ,2 4 6
1 3 8 .9 8 9
1 3 5 ,0 9 5
1 5 ,4 0 4
1 2 ,9 8 7
1 9 ,3 0 0
1 6 ,0 1 5
2 3 0 .0 5 2
2 3 8 ,1 7 3
3 1 ,9 4 1
2 7 ,4 9 6
3 8 .7 7 0
3 6 ,4 8 0
14,4 18
9,3 5 1
2 .4 0 2
3 ,2 2 4
2 0 ,0 3 7
1 7 ,9 6 7
1 2 ,5 85
1 4 ,1 7 4
5 0 .4 4 9
4 9 ,9 6 5
6 ,2 7 5
9 ,1 5 3
4 ,9 4 5
4 ,5 8 8
7 8 .1 1 4
7 6 ,9 2 7
2 0 ,8 1 0
19,2 86
7 ,0 6 9
7 ,0 1 0
10,5 74
11,0 28
4 9 ,4 3 4
55,1 07
7 9 ,8 4 6
6 1 ,4 2 5
1 7,4 25
1 4.5 25
5 ,5 6 4
13,026
17,831
1 5 ,9 6 5
2 1 ,9 6 4
2 3 ,5 0 0
1 5 ,7 9 1
1 5 ,1 6 4
1 6 ,0 0 9
17,0 46
6 4 ,9 0 0
6 7 ,0 0 0
6 ,9 4 8 ,6 1 8
P rev’l y r e p o r t ’ d (4 S roads)
A tc h iso n T o p . A S. F e . . .
R o a d s j ’t ly o w n e d is..
St. L o u is A 8. F ra n ........
R o a d s j’t ly o w n e d *s
B url. C ed ar R a p . A N o . ..
C h ica go A G ra n d T runx.
Chic. St. P . A K a n . City,
Oin. J a c k so n A M a ckinaw
C in .N .0 . A T .P a c.(5 roads)
Cin. W ab a sh A M ich ig a n .
C le v e la n d A k r o n A C o l ...
C leve. C in. C hic. A St. L . .
P eoria A E a s te r n . . . . . . .
C olora d o M id la n d .............
Col. S h a w n ee A H o o k in g .
C u rren t R i v e r ....................
D e tro it Gr. H . A M i l w ...
E liz. L e x . A B ig S a n d y ..
F lin t A P e re M a rq u e tte .
K anaw ha A M ich ig a n ___
K a n sa s C ity C lin. A S p r ..
Kan. C ity F t. 8. A M e m ..
K an. C ity M em . A B ir m .
K eok u k A W e ste rn ...........
L ittle R o c k A M e m p h is ..
L o u isv ille N O. A T e x a s .
M e x ica n R a ilw a y .............
O h io R iv e r ............................
R io G ran d e S o u th e rn ___
8t. J o s e p h A G r. I s la n d ..
St. L, A lt. A T . H . B r ’ch es
San F ra n c is co A N o. P ao.
t T oledo P e o r ia A W est’ n.
W estern N. Y . A P e n n ..
N o rfo lk A S ou th ’m .b A p r .
J a n . 1 t o A p r. 3 0 . . .
1 2 ,6 0 0
5 ,7 3 6
3 ,9 4 2
808
.
1892.
189 0 -9 1
$
12 ,120 ,
2 d w eek o f M ay.
83*
R oads.
San. F r. A N o. P a c ..A p r .
J u ly 1 to A p r. 3 0 . . .
- I n te r ’ t,, ren ta ls, dtc.— r -B a l. o f N et E a rn s.—.
1892.
189 1
1 89 2 .
1891.
$
$
,.$
.
$
297
1 ,2 9 5
1 7 ,1 8 3
17,291
8 7 ,4 4 5
4 5 ,3 5 5
1 7 1 ,8 6 6
1 7 3 ,0 9 0
THE CHRONICLE,
884
ANNUAL REPORTS.
Southern Pacific Company.
(F o r the year ending December 31,1891.,/
The annual report of Mr. C. P. Huntington, President of
this great operating company, was published in the C h r o n i c l e
o f May 14, on pages 802 to 805.
The pamphlet report with all ihe tables was not then ready,
and has but recently come to hand. The tables published
below at the end of this article refer to the total income
account of the company, including receipts from steamships,
investments, etc., but a closer view o f the operations of the
proprietary railroads is obtained from the following table of
earnings and expenses the past two years :
Vol. LTV.
1889.
E xp en ses—
$
M&int’n c e o f w a y a n d s t r u c t ’s . 6 ,7 9 9 ,3 7 0
M a in te n a n ce o f e q u ip m e n t —
8 ,7 9 2 ,4 8 4
T ra n s p o rta tio n * ........................... 1 6 ,7 6 2 ,1 2 5
G e n e r a l............................................ 2 ,9 5 0 ,3 8 7
1890.
$
7 ,5 6 3 ,3 7 6
3 ,8 4 0 ,3 6 6
1 6 ,9 4 2 ,1 1 8
2 ,6 6 1 ,8 6 9
1891.
$
6 ,7 4 1 ,1 9 0
4 ,2 8 5 ,6 5 8
1 7 ,5 7 5 ,6 8 3
8 ,5 6 1 ,0 8 1
T o t a l e x p e n s e s ................. .. .3 0 ,3 0 4 ,3 6 6
N e t e a r n in g s ................................. 1 6 ,0 3 8 ,8 4 2
* In clu d e s s te a m sh ip s .
3 1 ,0 0 7 ,7 2 9
1 7 ,1 9 4 ,2 7 1
3 1 ,1 6 3 ,6 1 2
1 9 ,2 8 6 ,2 0 2
EARNINGS, EXPENSES, RENTALS AND TAXES.
1889.
1890.
1891.
6 ,0 5 2 -4 7 M iles 6 ,2 2 5 -9 3 M iles 6 ,4 6 1 ‘2 6 Miles
o f R a tlr o a d ;
o f R a ilro a d ; o f R a ilro a d ;
a lso Steam
a lso Steam also Steam
sh ip L in es.
sh ip L in e s.
sh ip L in es.
8
>
$
$
5 0 ,4 4 9 ,8 1 4
G ro ss e a rn in g s .............................. 4 6 ,3 4 3 ,2 0 8
4 8 ,2 0 1 ,9 9 5
3 1 ,1 6 3 ,6 1 2
O p e ra tin g e x p e n s e s ................. ..3 0 ,3 0 4 ,8 6 6
3 1 ,0 0 7 ,7 3 0
OPERATIONS OF PROPRIETARY LINES.
189 1 .
$
3 0 ,6 4 8 ,5 3 7
1 9 ,2 7 0 ,1 1 2
In crea se.
$
1 ,0 3 0 ,7 5 3
2 4 7 ,2 7 6
B a l a n c e ............- .................................1 0 ,5 9 4 ,9 4 8 1 1 ,8 7 8 ,4 2 5
T a x e s ,in t .a n d a ll o th e r c h g e s .t o in c . 7 ,4 9 2 ,5 7 6
7 ,6 2 0 ,9 5 6
S u r p lu s ........................................................ 3 ,1 0 2 ,3 7 1
3 ,7 5 7 ,4 6 8
7 8 3 ,4 7 6
1 2 8 ,3 7 9
6 5 5 ,0 9 7
1890.
$
T r a r s p o r t a t ’n earns, a n d o th e r r e c .2 9 ,6 1 7 ,7 9 4
O p e r a t in g e x p e n s e s .............................. 1 9 ,0 2 2 ,8 3 5
1 ,8 6 8 ,2 6 3
5 1 3 ,3 9 9
The report says : “ It will be observed that there has been a
gratifying increase in the earnings; the surplus per mile of
road is not as great in 1891 as in 1885, but this is due in the
main to the much greater sums of money expended in the
general improvement of these properties, which was com
menced towards the close of the year 1886, a policy which has
been steadily adhered to since that time. In addition to the
improvements made through these channels, large sums of
money have been directly expended in change of liae and
other betterments and additions, and some estimate can be
formed of what has been done in this direction on these prop
erties from the undermentioned statement in respect of said
expenditures.”
T o ta l b o t h ................................$ 1 ,7 6 1 ,1 3 2
C harged to In co m e A c co u n t o f
S outhern P a cific Co.—
T o t a l b o t h s y s te m s .......................
4 3 ,0 2 9
G r a n d t o t a l ..............................$ 1 ,8 0 4 ,1 6 2
E q u ip m en t.
$ 3 ,0 3 7 ,5 7 4
1 ,9 3 0 ,3 1 1
$ 4 ,9 6 7 ,8 8 5
Total, in elu d in g a ll
oth er item s.
$ 6 ,2 8 3 ,9 0 8
4 ,9 8 3 ,7 5 8
$ 1 1 ,2 7 2 ,6 6 7
1 9 1 ,5 0 1
$ 5 ,1 5 9 ,3 8 6
3 3 5 ,0 3 1
$ 1 1 ,6 0 7 ,6 9 8
‘COMPARATIVE STATEMENT OF FLOATING DEBT DECEMBER 31.
L ia b ilities.
1 89 0 .
R u e P ro p rie ta ry a n d A ffilia ted C o ls —
$
B o u t h e r n P a c . R R . C o .o f N ew M e x ic o
1 0 1 ,3 1 5
4 7 7 ,1 1 6
N o rth e rn R y . C o .......................
M o r g a n ’ s L o. & T e x a s R R . & 8 S . C o.
5 2 1 ,1 3 1
(L ouisiana W estern R R . C o ...................
2 0 ,5 8 3
T e x a s & N ew O rlea n s R R . C o .............
2 8 7 ,5 3 0
M e x ic a n I n te rn a tio n a l R R . C o...........
1 2 5 ,3 3 9
C en tra l P a c ific R R . C o ......... ................ 3 ,3 6 5 ,0 3 7
P o r t la n d & W illa m ette V a lle y R y . Co.
G u lf W estern T e x a s & P a c ific R y . C o ......................
189 1 .
1 8 9 ,6 3 8
1 ,1 4 1 ,0 8 1
6 0 0 ,9 6 4
4 2 1 ,3 0 5
1 3 7 ,7 7 6
3 ,7 8 0 ,4 0 2
1 1 ,5 4 1
4 4 ,0 9 7
6 ,3 2 6 ,8 0 8
T o t a l ...............................
4 ,8 9 8 ,0 5 4
Im m ed ia te L ia b ilities—
D e m a n d l o a n s .........................— .................................. 1 ,3 5 0 ,0 0 0
A u d ite d v o u c h e r s .
1 ,9 5 8 ,0 1 3
2 ,0 6 3 ,2 7 1
A u d ite d p a y -r o lls ...........................
2 ,3 7 1 ,2 5 9
2 ,5 7 3 ,5 6 2
9 1 ,1 0 0
8 0 ,3 2 6
"U nclaim ed w a g e s .........................
T r a ffic b a la n c e s ...............................
2 7 0 ,5 4 1 .
1 2 0 ,6 1 8
I n d iv id u a ls a n d c o m p a n i e s .................
5 1 4 ,8 0 7
1 ,0 1 7 ,6 5 5
S ou th ern D e v e lo p m e n t C o . . . . . . . . . . .
3 2 1 ,8 8 5
..............
U n p a id co u p o n s , m a tu r e d a n d d u e .. 2 ,4 5 7 ,2 3 8 * 2 ,6 0 9 ,2 6 8
In crea se.
8 8 ,3 2 3
6 6 3 ,9 6 4
5 6 ,8 3 2
D 2 0 ,5 8 3
1 3 3 ,7 7 5
1 2 ,4 3 7
4 1 5 , 65
1 1 ,5 41
4 4 ,0 9 7
1 ,3 5 0 ,0 0 0
1 0 5 ,2 5 7
2 0 2 ,3 0 3
D 1 0 ,7 7 4
D 1 4 9 ,9 2 3
5 0 2 ,8 4 7
D 3 2 1 ,8 8 5
1 5 2 ,0 3 0
9 ,8 1 4 ,7 0 1
2 0 ,0 0 0
3 1 2 ,4 2 7
D 5 ,0 0 0
3 1 2 ,4 2 7
1 ,5 6 5 ,0 8 8
T o t a l ........................
C on tin g en t L ia b ilities—
H o s p it a l fu n d f o r e m p lo y e s —P a c ific
9 1 ,2 3 7
S y s t e m ___ —
..................... .
5 7 5 ,4 5 9
M a rin e in s u ra n c e fu n d .........................
S tea m sh ip in s u ra n c e f u n d ...................
5 1 5 ,2 39
R e n e w a l o f ca rs fu n d , P a c ific S ystem
B e n e w a l o f ca rs fu n d , A tla n tic S ystem
5 4 ,6 8 7
R e n e w a l o f lo c o m o tiv e s fu n d . . . . . . .
R e n e w a l o f stea m sh ip s fu n d .........
m m
6 9 1 .4 2 0
T a x e s in lit ig a t io n ............. .....................
4 6 0 ,9 5 1
U n a d ju s te d a c c o u n t s ................ ..........
1 ,5 5 9 ,1 5 7
D 5 ,9 3 0
2 ,4 8 8 ,9 9 5
3 ,* 1 9 ,8 4 8
1 ,8 2 9 ,8 5 5
1 3 4 ,6 1 1 D 8 5 6 ,2 8 5
1 ,0 9 2 ,1 1 9
4 2 ,9 2 7
9 6 ,9 9 2
5 .7 5 4
3 2 6 ,3 8 5 D 2 4 9 ,0 3
9 5 ,0 0 0
9 5 ,0 0 0
3 3 0 .3 1 4 D 1 8 4 ,9 2 5
10^ ,76 1
4 6 ,0 7 4
1 5 ,2 0 9
1 5 ,2 09
1 9 ,8 4 3
D 8 0 ,1 5 6
6 9 1 ,4 2 0
3 9 8 ,5 7 3
D 6 2 ,3 7 7
2 ,0 7 4 ,5 0 0 D 4 1 4 ,4 9 4
T o t a l flo a tin g l i a b i l i t i e s . . . . . ....... ....1 6 ,9 3 6 ,9 8 4 1 9 ,7 7 5 ,1 6 9
T o t a l flo a tin g a s s e ts ........................... ..1 3 ,3 1 7 ,1 3 6 1 5 ,9 0 3 ,4 8 6
N e tflo a t in g d e b t ..................... .
3 ,8 7 1 ,6 8 3
2 ,8 3 8 ,1 8 4
2 ,5 8 6 ,3 1 9
2 5 1 ,8 3 5
* In clu d e s c o u p o n * d u e J a n u a ry 1 ,1 8 9 2 .
The following statements show the earnings from all
Bources and the expenditures and income account of the com
.pany for the past three years:
EARNINGS AND EXPENSES.
1 88 9 .
E a rn in g s—
>
$
P a s s e n g e r s .....................
1 4 ,6 9 3 ,7 8 2
J F roig h t................................... . . . . . 2 7 , 2 1 9 , 5 3 2
M ail, ex p r e ss , &C*...........
4 ,4 2 9 ,8 9 4 T o ta l e a rn in g s ___ . . . . . . . . .4 6 ,8 4 3 ,2 0 8
1 9 ,2 8 6 ,2 0 2
5 6 4 ,1 9 3
T o t a l............................................1 6 ,5 6 0 ,7 9 4
R e n ta ls p a id .......................... ...
9 1 3 ,4 5 1
T a x e s ................................................ 1 ,2 1 8 ,5 1 0
1 7 ,7 0 3 ,7 8 1
1 ,0 5 8 ,4 1 5
1 ,2 3 4 ,2 9 8
1 9 ,8 5 0 ,3 9 5
1 ,2 2 0 ,7 8 2
1 ,2 6 1 ,9 8 4
T o t a l........................................... 2 ,1 3 1 ,9 6 1
N et r e c e i p t s . . . . ............................. 1 4 ,4 2 8 ,8 3 3
2 ,2 9 2 ,7 1 3
1 5 ,4 1 1 ,0 6 8
2 ,4 8 2 ,7 6 6
1 7 .3 6 7 .6 2 9
1890.
$
1 5 ,4 1 1 ,0 6 3
1 1 ,6 3 6
1891.
$
1 7 .3 6 7 .6 2 9
188 9 .
R eceip ts—
$
N et, as a b o v e ...................................1 4,4 2 8 ,8 3 3
O th er i n c o m e ......................... ....
4 8 7 ,1 8 2
1 5 ,4 2 2 ,7 0 4
T o ta l r e c e ip t s ......................... 1 4 ,9 1 6 ,0 1 5
R isb u rsem en ts—
1 0 ,2 5 9 ,8 2 0
In te re st o n b o n d e d d e b t ........... 1 0 ,4 7 2 ,8 9 3
3 1 5 ,0 2 2
I n te re s t o n flo a tin g d e b t (net).
4 4 5 ,1 3 7
*2
B e tte rm e n ts and a d d itio n s ------------------------ *4 36 ,50 86 5 ,6 2 6
2 7 5 ,0 0 0
C ent. P a oiflo R R .s in k ’ g fu n d s .
2 7 5 ,0 0 0
C ent. P a c ific R R . sin k ’g fu n d s
5 2 3 ,9 5 0
in U . 8. T ie a s u r y .......................
4 5 8 ,2 4 3
8 9 8 ,6 1 0
N et p ro fit C ent. P a cific lin e s .. 1 ,0 3 5 ,4 1 9
B a la n ce to m a k e gu ar, re n ta l
4 6 1 ,3 8 9
C en tra l P a c ific ..........................
3 2 4 ,5 3 1
4 1 ,4 1 0
1 2 0 ,0 5 8
M is c e lla n e o u s ................................
1 89 0 .
$
1 4 ,5 0 7 ,3 4 1
2 9 ,3 0 6 ,2 2 6
4 ,3 8 8 ,4 3 3
189 1 .
$
1 5 ,5 2 8 ,7 2 1
3 0 ,9 3 1 ,5 9 1
3 ,9 8 9 ,5 0 2
4 3 ,2 0 2 ,0 0 0
5 0 ,4 4 9 ,8 1 4
1 7 ,3 6 7 ,6 2 9
1 0 ,6 2 9 ,9 0 0
1 6,7 18
*2 5 9 ,5 7 0
2 7 5 ,0 0 0
6 1 3 ,5 1 6
2 ,1 4 4 ,4 2 8
6 4,5 41
1 4 ,0 0 3 ,6 7 3
T o ta l d is b u r s e m e n t s ..........1 3 ,5 6 7 ,8 3 9
1 3 ,0 4 0 ,8 2 7
S urp lus b e fo r e d iv is io n o f p r o
3 ,3 6 3 ,9 5 6
fits to p r o p ’ y co m p a n ie s ........ 1 ,3 4 8 ,1 7 6
2 ,3 8 1 ,8 7 7
* T n 1 88 9 th e a m o u n t s p e n t f o r b e tte rm e n ts w a s $ 2 ,4 5 4 ,1 3 4 ; in 189 0 ,
$ 1,9 3 2 ,3 9 6 ; in 1 8 9 1 , $ 2 ,2 7 5 ,0 2 8 : re p a y a b le b y le a se d lin e s in 1889,
$ 2 ,0 0 3 ,0 3 0 ; in 1 3 9 0 , $ 1 ,6 6 6 ,7 7 1 ; in 1 8 9 1 , $ 2 ,0 1 5 ,4 5 8 —m a k in g th e n e t
a m ou n ts as h e re giv e n .
Central Pacific Railroad.
(F o r the year ending December 31, 1891.,/
From the Southern Pacific Company’s report we have the
Central Pacific earnings and income account for 1891. The
earnings and operating expenses of the roads owned, includ
ing the ferry and transfer steamers, for the years 1889, 1890
and 1891, were as follows :
EARNINGS AND EXPENSES.
188 9 .
1 ,3 6 0
$
1 5 ,5 3 0 ,2 1 5
. 9 ,7 6 4 ,2 7 2
1 89 0 .
1 ,3 6 0
$
1 5 ,9 3 7 ,0 0 4
9 ,8 7 5 ,0 1 8
189 1 .
1 ,3 6 0
$
1 6 ,6 2 9 ,1 0 4
9 ,2 1 1 ,7 4 9
. 5 ,7 6 5 ,9 4 3
.
6 2 -8 7
! ACCOUNT.
188 9 .
$
. 1 ,3 6 0 ,0 0 0
7 ,2 0 0
„ 1 ,2 7 4 ,1 3 6
.
4 5 8 ,2 4 3
6 ,0 6 1 ,9 9 6
6 1-9 6
7 ,4 1 7 ,3 5 5
55-4.0
189 0 .
$
1 ,3 6 0 ,0 0 0
6 ,0 0 0
6 6 0 ,5 4 2
5 2 3 ,9 5 1
1891.
$
2 ,1 4 4 ,4 2 5
8 ,4 0 0
6 4 9 ,0 5 4
6 1 3 ,5 1 6
6 0 2 ,1 8 0
2 5 1 ,3 4 2
1 0 0 ,1 0 6
3 5 2 ,7 7 2
. 3 ,7 0 1 ,7 5 9
P a y m en ts—
8 in k m g fu n d re c e ip t s , U . S. r e
q u ire m e n ts, a n d la n d sa le s as
a b o v e , a p p lic a b le w h e n u s e d fo r
th e p a y m e n t o f d e b t a n d n o t
a v a ila b le f o r d iv id e n d s ................... 2 ,3 3 4 ,5 6 0
D iv id e n d s, 2 p e r c e n t ......................... 1 ,3 4 5 .5 1 0
2 ,8 0 1 ,8 3 5
3 ,8 6 8 ,2 7 4
1 ,4 3 5 ,8 3 5
1 ,3 4 5 ,5 1 0
1 ,7 1 5 ,4 4 8
1 ,3 4 5 ,5 1 0
P e r ct. operatin g
1 ,4 2 8 ,7 5 3
T o t a l ..................
7 ,9 8 4 ,8 4 6
R e fe r r e d L ia b ilities—
S il l s p a y a b le ...............................................
4 9 0 ,8 9 6
A c c r u e d int. o n u n m a tu re d c o u p o n s 1 ,0 4 9 ,1 9 2
A o c r u e d in te r e s to n u n m a tu r e d n o te s
C en tra l P a cific la n d in v e s t m e n ts ..
2 5 ,0 0 0
T a x e s a ccr u e d —n o t d u e ...........
........ .
T o t a l . . . . . . . ............. ................... .
1 7 ,1 9 4 ,2 6 5
5 0 9 ,5 1 6
INCOME ACCOUNT.
B e tte rm e n ts a n d a d d i t i o n s
ch a r g e d t o c a p ita l a c c o u n t. 1 ,3 5 4 ,8 6 4
R oad-bed,
T rack a n d
C harged to Ga ita l A ccou n t— B rid g es.
T o t a l P a cific S y s te m . ............. $ 4 1 2 ,0 0 4
T o t a l A tla n t ic S y s t e m .............. 1 ,3 1 9 ,1 2 8
N e t e a rn in g s ........................... 1 6 ,0 3 8 ,8 4 2
R e n ta ls r e c e iv e d ............................
5 2 1 ,9 5 2
R eceip tsO th er r e c e ip t s .
S in k in g fu n d s a
3-
te e s o f la n d g r a n t m o r t g a g e .
.
3 ,0 6 0 ,9 5 8
T o t a l . ...........................- ...............
3 ,6 8 0 ,0 7 0
2 ,7 8 1 ,3 4 5
8 0 7 ,3 1 6
2 1 ,6 8 9
2 0 ,4 9 0
B a la n ce , s u rp lu s ...........'................
O th e r ite m s ............. ................... ..........dr. 3 2 8 ,6 9 9 d r. 2 3 8 ,9 5 7 dr. 3 3 4 ,7 5 4
2 ,9 3 5 ,2 9 8
S u rp lu s J an . 1 ___ . . . ........
3 ,4 6 0 ,7 7 5
3 ,1 5 3 ,7 6 6
2 ,9 3 5 ,2 4 7
3 ,4 0 7 ,8 6 0
T h e o p e r a t i o n s u n d e r t h e le a s e a n d t h e r e s u l t t o
e r n P a c i f i c C o m p a n y , le s s e e , f o r t h e y e a r s e n d i n g
3 1 ,1 8 8 9 , 1 89 0 a n d 1891 w e r e a s f o l l o w s :
1889-.
1896.
$
$
E a rn in g s—R R s ., ste a m e rs, e t c ....... 1 5 ,5 3 0 ,2 1 5 1 5 ,9 3 7 ,0 0 4
O th er i t e m s . . . , . — ............... — . . . .
3 7 9 ,8 3 3
1 2 ,3 0 7
the SouthDecember
B a la n ce D e c . 3 1 ............................ 3 ,1 5 3 ,7 6 6
T o t a l . . . . ............d ........... — . — ..1 5 ,9 1 0 ,0 4 8
O p e ra tin g e x p e n se s, e t c .* ..................1 0 ,3 6 4 ,8 4 0
In te re s t o n fu n d e d d e b t .. . . . . . . . . . . 3 ,4 3 1 ,5 8 4
S in k in g fu n d re q u ire m e n ts .............
2 7 5 ,0 0 9
U n ite d states r e q u ir e m e n ts —
...
4 5 8 ,2 1 2
B e tte rm e n ts an d a d d it io n s . . . ------3 4 4 ,9 6 4
1 5 ,9 4 9 ,3 1 1
1 0 ,5 0 2 ,0 4 9
3 ,4 1 4 ,4 4 3
2 7 5 ,0 0 0
5 2 3 ,9 5 1
2 3 4 ,6 4 6
1 89 1 .
$
1 6 ,6 2 9 ,1 0 4
4 5 ,1 9 4
1 6 ,6 7 4 ,2 9 8
9 ,9 0 9 ,0 5 7
3 ,5 1 0 ,5 5 7
2 7 5 ,0 0 0
6 1 3 ,5 1 6
2 2 1 ,7 4 2
1 4 ,5 2 9 ,8 7 2
T o t a l . ... — ..............................— .1 4 ,8 7 4 ,6 3 0 1 4 ,9 5 0 ,0 8 9
2 ,1 4 4 ,4 2 6
N et p ro fit fo r y e a r ,............................... 1 ,0 3 5 ,4 1 8
9 9 9 ,2 2 2
Set a sid e f o r w o r n o u t c a r s ...............
. — ...
1 0 0 ,6 1 2 ...... ...............
B a la n c e to m a k e u p r e n t a l .. . . . . . . .
1 ,0 3 5 ,4 1 8
3 2 4 ,5 8 2
8 9 8 ,6 1 0
4 6 1 ,3 9 0
........ .
--------— -
R e n ta l p a y a b le b y S o. P a c . C o........ 1 ,3 6 0 ,0 0 0
1 ,3 6 0 ,0 0 0
2 ,1 4 4 ,4 2 6
* In clu d e s a lso la n d e x p e n se s , t a x e s , re n ta l, a n d in te re s t o n flo a tin g
d e b t.'
M a y 28, 18S2.]
THE CHRONICLE.
New York Chicago & St. Louis Railroad.
( For the year ending Dec. 31, 1891.J
The annual report of this company, commonly called the
4 Nickel-Plate,” states that there has been no increase in
6
equipment, but that the road has received large repairs
an * *s *n 8eneral good condition. “ The balance against
us for the hire of freight cars was $397,304. This very
large expenditure was caused, as stated in the last report, by
the necessity for using the cars of other roads and individuals
at a mileage rate, our own equipment being inadequate for the
requirements of the traffic. A contract has been made for the
construction of 1,000 new box cars, to be delivered in July and
August of this year.”
The earnings for the year were $6,171,089, the largest in
^he history of the road—being an increase of $350,783 over
1890. This was caused by increased tonnage and a slight in
crease in the tonnage and passenger rates. The average rate
received per ton per mile was -541 cent, an increase o f -033
•cent. The average rate received per passenger per mile was
1*64 cents, aa increase of *07 cent.
The charges to expenses include all expenditures made.
There were no charges to construction and equipment on ac
count of improvements or additions to the property. A divi
dend of three per cent upon the first preferred shares from the
net earnings of the calendar year 1891 wag declared and
•ordered paid March 1st, 1892.
Operations, earnings and charges have been as follows :
OPERATIONS AND FISCAL RESULTS.
1888.
188 9 .
1890.
1 89 1 .
M ile s o p e r a t e d ..
512
512
512
512
O p era tion s—
P a s s , c a r r i e d . ...
4 7 8 ,2 4 9
5 2 0 ,1 1 8
5 8 2 ,5 5 1
5 5 4 ,1 7 2
P a s s , oa r'd 1 m .. 1 6 ,5 7 0 ,1 6 9 2 0 ,3 5 4 ,0 7 9
2 7 ,4 2 5 ,8 5 7
2 7 ,4 2 5 ,8 5 7
A v .r a t e p a s p .m .
1*83 cts.
1 -76 cts.
1*57 cts.
1 -6 4 cts.
F r ’ t (tons) c a r ’d .
2 ,7 3 6 ,3 3 7
2 ,8 3 8 ,2 0 0
3 ,2 5 7 ,7 0 9
3 ,3 1 5 ,7 8 4
F r ’ t (tons) c a r ’d
o n e m ile ............8 6 6 ,3 7 1 ,7 0 7 8 7 4 ,3 8 2 ,7 1 3 1 ,0 5 0 ,8 0 4 ,3 3 9 1 ,0 5 2 .5 1 5 .2 3 6
A v .r a te t o n p .m . 0*528 cts.
v
0*536 cts.
0 5 0 8 cts.
0*511 cts.
ots.
E a rn in g s—
$
$
P a s s e n g e r ............
3 0 3 ,1 9 5
3 5 8 ,4 6 2
4 2 9 ,1 7 0
4 2 6 ,2 1 1
F r e i g h t .. . . . . . . . .
4 ,5 7 0 ,9 1 2
4 ,6 8 8 ,6 1 6
5 ,3 4 1 ,5 7 7
5 ,6 9 7 ,6 0 9
M a il, e x p ., &e ..
4 4 ,1 1 0
4 3 ,2 5 1
4 9 ,5 5 8
4 7 ,2 6 9
T o ta l e a rn ’g s ..
O p e r. e x . & t a x e s
4 ,9 1 8 ,2 1 7
4 ,1 1 3 ,8 2 4
5 ,0 9 0 ,3 2 9
4 ,0 0 3 ,5 4 4
5 ,8 2 0 .3 0 5
4 ,6 7 8 ,2 5 1
6 ,1 7 1 ,0 8 9
5 ,0 5 6 .0 8 2
N e t e a rn ’g s ___
8 0 4 ,3 9 3
1 ,0 8 6 ,7 8 5
1 ,1 4 2 ,0 5 4
1 ,1 1 5 ,0 0 7
INCOME ACCOUNT.
R eceip ts—
N e t e a rn in g s .................
O th e r in c o m e ................
T o t a l .........................
P a y m en ts—
I n t e r e s t o n b o n d s ........
R e n t a l o f te r m in a ls . . .
S in k in g fu n d .................
D i v . o n l s t p r e f . s to c k .
188 8 .
$
8 0 4 ,3 9 3
6 ,4 2 0
1889.
$
1 ,0 8 6 ,7 8 5
5 ,3 9 0
1890.
$
1 ,1 4 2 .0 5 4
1 2 ,7 7 4
1891.
$
1 ,1 1 5 ,0 0 7
1 3 ,5 6 9
8 1 0 ,8 1 3
1 ,0 9 2 ,1 7 5
1 ,1 5 4 ,8 2 8
1 ,1 2 8 ,5 7 6
7 7 8 ,2 4 0
8 1 ,4 1 6
1 0 0 ,0 0 0
7 9 1 ,6 8 0
8 1 ,1 3 9
9 9 ,9 5 4
7 8 4 .5 7 0
8 7 ,6 8 5
9 3 ,7 4 8
1 7 5 ,0 0 0
7 3 0 ,4 2 0
9 0 ,5 5 1
9 9 ,9 4 0
1 5 0 ,0 0 0
1 ,1 4 1 ,0 0 3
su r.1 3 ,8 2 5
1 ,1 2 0 ,9 1 1
sur. 7 ,6 6 5
T o t a l ............. ..........
9 5 9 ,6 5 6
9 7 2 ,7 7 3
B a l a n c e .................. d ef. 1 4 8 ,84 3 s u r.1 1 9 ,4 0 2
BALANCE SHEET DECEMBER 3 1 .
.
,
A ssets—
1889.
$
1890.
.
$
O o s t o f r o a d .................................. 46,219,677
4 6 ,2 3 9 ,2 0 3
Cost o f equipm ent..................... 3,616,721
3 ,6 1 6 ,7 2 1
B onds o w n e d .............................
M aterials and fu e l...................
1 8 i,8 9 7
1 4 2 ,5 7 9
...................................................
275,422
5 16 ,37 8
D ue b y station agents, & e ....
174,873
2 6 7 ,7 8 6
D ue b y other co m p a n ie s .......
567,371
5 8 0 ,7 7 6
D ue by P ost Office D e p a rt,. . .
6,454
6 ,5 3 7
M iscellaneous accou n ts___ . . .
39,310
3 6 ,7 8 6
T o t a l.........................
51,081,730
L ia b ilities—
F irs t preferred s t o c k .............. 5,000,000
Second preferred sto ck ............ 11,000,000
•Common sto ck ............................14,000 000
'Funded debt .............................. 19,784 000
Unpaid vou ch ers........................
507,024
U npaid pay-rolls........................
17o’,419
D ue c o ’ s and individuals.........
93,992
Interest due and not p a id .......
14,800
In terest accrued, n ot d u e.......
196,400
D ividen d on 1st p ref s to c k ...
. . .
S inking fund a cco u n t................
199,954
110,139
-Incom e a c c o u n t..................
............... - .........................5 1 ,0 8 1 ,7 3 8
5 1 ,4 0 6 ,7 6 6
5 ,0 0 0 ,0 0 0
11, 000,000
1 4 ,0 0 0 ,0 0 0
1 9 ,6 8 1 ,0 0 0
6 1 7 ,5 0 6
2 0 2 ,2 3 8
9 7 ,5 1 3
1 89 1 .
$
4 6 .0 7 7 ,3 4 1
3 ,6 1 6 ,7 2 1
1 6 1 ,0 0 0
3 0 2 ,5 0 0
4 5 2 ,8 2 6
2 6 9 ,0 5 0
5 0 3 .4 1 6
6 ,4 5 4
3 8 ,5 1 6
5 1 ,4 2 7 ,8 2 4
5 ,0 0 0 ,0 0 0
11,000.000
1 9 5 ,3 7 0
1 7 5 ,0 0 0
2 9 3 ,7 0 2
1 3 3 ,2 1 7
1 4 ,0 0 0 ,0 0 0
1 9 ,5 7 5 ,0 0 0
5 7 8 ,7 8 4
2 2 3 ,4 3 8
1 5 4 ,2 0 7
1 1 ,5 0 0
1 9 4 ,3 1 0
1 5 0 ,0 0 0
3 9 3 ,6 4 3
1 4 6 ,9 4 2
5 1 ,4 0 6 ,7 6 6
5 1 ,4 2 7 ,8 2 4
11,220
Pittsburg Cincinnati Chicago & St. Louis Railway.
(F o r the year ending December 31,1891.^
The consolidation in 1890 of the Western lines o f the Penn
sylvania system under the name of this company was an im
portant move in the history o f that great corporation. It
now has a compact system o f 1,143 miles operated, with
ann,
Z ning? f about $15,000,000, capital stock of
nearly $44,000,000 and bonded debt of $42,000,000. The stocks
and bonds are regularly dealt in at the New York Stock E x
change.
The annual report in pamphlet form comes out this year
about two months later than the Pennsylvania Railroad
•report, but it is hoped that in future years this delay in
printing may be reduced., as the figures are-certainly ready
omuch earlier. No monthly reports of gross and net earnings
anthe usual railroad form are yet issued for this large corpor
ation, with a capitalization of about $86,000,000, and it is
trusted that the company will soon issue its monthly re
ports in the same style as most of the other leading rail
roads. Heretofore there has only been issued a summary of
885
the increase or decrease in earnings each month as compared
with the same month of the preceding year, without any
figures to show the actual earnings of the month. This
method was adopted when the several Western lines were
mere appendages of the Pennsylvania Railroad, with no unity
of their own and no stocks and bonds except those o f the
separate lines operated.
it is impossibie to do fufi justice to so large a company in
the brief space allowed in this column, as all the details of
operations and the explanations of the report in regard to
traffic, &c., are of much interest to the holders of securities.
Mr. Geo. B. Roberts, President, remarks in his report*
* The tonnage transported was 9,951,000 tons, against 13 *
172,938 tons in 1890 an apparent decrease of 3,221,938 tons
m the through traffic, due in a measure to the fact that
a considerable amount of tonnage heretofore reported on
eaoh of the roads separately operated and now consoli
dated under one ownership appears but once in this re
port. There was, however, a large falling off in the move
ment of coal, coke and agricultural products, and although
this loss was partially offset by the development of local industries at various points, the net volume of traffic was ma
terially reduced as compared with the preceding year, the ton
mileage showing a decrease of over 12 per cent. There was a
decrease in freight earnings of $642,718 47. The average rate
received per ton per mile was 7 mills, as compared with 6 6-10
mills m 1890, but an increase in the cost of movement o f 4-10
mills resulted in. the s&me net profit ns in the previous venr
5 sao akq6 * erie °Arried 5,768,723 passengers as compared with
W
5,562,653 in 1890, an increase of 206,070, entirely in local
travel. There was an increase of $13.888 51 in passenger
earnings. The rates received show a slight decrease, but as
the cost of movement showed a still greater decrease, there
was an increased profit of 8-10 mill per passenger per mile. It
will be noted that there was a decrease in expenses in all de
partments, except that of conducting transportation and in
general expenses, the main decrease being in motive Dower
and maintenance of way.”
*
Operations, earnings an£ charges were as given below :
OPERATIONS AND FISCAL RESULTS.
1889. *
M ile s o p e r a t e d .................
........
1 ,1 4 4
O perations—
P a ssen gers c a rr ie d ...........
5 ,1 5 0 ,8 6 6
P a ss, ca rr ie d o n e m ile . . . 1 3 5 ,5 5 5 ,0 9 7
R a te p e r pass, p e r m i l e ..
2*30 ots.
f r e i g h t to n s c a r r ie d ........
1 2 ,4 1 5 ,1 2 4
F re ig h t to n s ca r. o n e m . .1 ,4 6 0 ,9 2 6 ,5 8 6
R a te p e r to n p e r m ile ___
0*66 cts.
E a rn in g s—
$
P a s s e n g e r s ...........................
3 ,2 0 1 ,8 7 0
F r e ig h t ...................................
9 ,6 9 9 ,0 4 4
M ail, e x p r e s s , e t c ..............
1 ,0 8 1 ,0 2 0
T o t a l................................
E xp en ses—
T r a n s p o r ta tio n ...........
M o tiv e p o w e r .....................
M a in ten a n ce o f w a y ........
M a in te n a n ce o f c a r s ........
G e n e ra l e x p e n s e s ..............
T o t a l . . ..........................
N e t e a rn in g s ........................
P e rc e n . o f o p . e x . t o e a rn .
189 0 .
1 ,1 4 4
189 1 .
1 ,1 4 3
5 ,5 6 2 ,6 5 3
1 4 5 ,0 7 1 ,3 2 3
2*34 cts.
1 3 ,1 7 2 ,9 3 8
1 ,6 5 1 ,1 1 0 ,6 4 8
0*66 cts.
$
3 ,4 9 2 ,4 3 4
1 0 ,8 7 5 ,0 0 2
1 ,0 8 5 ,5 0 0
5 ,7 6 8 ,7 2 3
1 4 6 ,1 1 9 ,0 3 0
2*33 cts.
9 ,9 5 1 ,0 0 0
1 ,4 5 2 ,3 6 7 ,3 9 4
0*70 ots.
$
3 ,5 0 6 ,3 1 8
1 0 ,2 3 2 ,2 8 4
1 ,1 5 6 ,9 8 9
$ 1 3 ,9 8 1 ,9 3 4
$ 1 5 ,4 5 2 ,9 3 2
$ 1 4 ,8 9 5 ,5 9 1
3 ,5 9 6 ,5 3 0
3 ,0 4 2 ,5 0 3
1 ,8 5 8 ,4 7 8
1 ,3 9 2 ,6 9 1
5 6 8 ,5 9 7
4 ,2 3 5 ,9 5 8
3 ,4 1 0 ,4 8 0
1 ,8 8 1 ,0 0 4
1 .3 2 7 ,5 9 9
6 1 0 ,4 4 8
4 ,2 7 4 ,9 5 8
3 ,0 8 0 ,1 2 3
1 ,6 1 3 ,6 9 5
1 ,3 1 0 ,7 3 8
6 6 0 ,2 9 4
1 0 ,4 5 8 ,7 9 9 1 1 ,4 6 5 ,4 8 9
3 ,5 2 3 ,1 3 5
3 ,9 8 7 ,4 4 3
74*62
74*20
1 0 ,9 3 9 ,8 0 8
3 ,9 5 5 ,7 8 3
73*44
INCOME ACCOUNT.
Receipts—
1890.
N et e a rn in g s o f P itts. Cin. Ch. & 8 t. L . . . . . . . $ 3 , 9 8 7 4 4 4
N et e a rn in g s o f L ittle M iam i R R . a n d 5-7
p ro fits o f 8 t. L . V . & T . H ......................
.
387 1 8 5
M is ce lla n e o u s.
4 ,4 4 5
1 89 1
$ 3 ,9 5 5 ,7 8 3
3 6 7 ,1 7 1
6 ,1 6 4
T o t a l .. . . . . .
................................................... $ 4 ,3 7 9 ,0 7 4
IH soursem ents—
In te re s t o n b o n d s . ................................... .
.$ 2 ,5 6 4 ,3 9 0
R e n ta ls p a id .............................................................
8 33 655
1 5 5 4 12
C ar tru sts (in clu d in g in t e r e s t)_____. . . . . . .
In te re s t o n L. M ia m i secu rities tra n s fe rre d . I
79 444
71199
M is ce lla n e o u s ___ . . . . . . . . . . . . . . . . . . . . . . . . . ___
$ 4 ,3 2 9 ,1 1 8
T o t a l .....................- ................................................$ 3 ,7 0 4 ,1 0 0
B a la n ce , s u rp lu s ...................................................... $ 6 7 4 974
$ 3 ,3 9 2 ,0 8 4
* $ 9 3 7 ,0 3 4
$ 2 ,3 5 8 ,0 2 5
8 0 2 ,0 5 3
1 4 4 ,8 2 6
7 9 ,4 4 4
7 ,7 3 6
.
d ividen d_ o f 3 p e r ce n t, $ 6 6 9 ,5 7 4 , o n p r e fe r r e d s to o k w a s p a id
fr o m th is, le a v in g a m o u n t t o c r e d it o f p ro fit a n d lo ss $ 2 6 7 ,4 5 7 .
v
Grand Rapids & Indiana Railroad.
(F o r the year ending December 31, 1891.^
The annual report of this company, which belongs to the
Pennsylvania System, states that the total mileage operated at
the close of the year, including leased lines, was 724. The
from31890 ofg 9?8 a^ lines °Perated were $3,076,685, a decrease
*
oan 1890 f ®
21,3’193’ or 6 5 Per cent, but an increase of $134,229 as compared with 1889. The net earnings were $882 813
a decrease of $204,258, or 18*8 per cent. The ratio of expenses
to earnings was 71 *31 per cent, an increase of 4*35 per cent as
»
are4 Wlt5 189°* Thefreight earnings show a decrease
«
ot $268,251 and passenger earnings an increase of $41,861.
On the Grand Rapids & Indiana Railroad proper the gross
earnings showed a decrease of $201,565, or 7j7 per cen t; the
expenses a decrease of $32,869, or 1*9 per cent, and the net a
dt-crease of $168,695, or 19*5 per cent. The diminution in
freight earnings was $248,167. In revenue from the transpor
tation of ice alone there was a falling off of $222,466. The
remainder is due to the lessening of shipments of higher classes
of goods, owing to the general stagnation of business during
so many months of the year, and to the fact that a considera
ble decrease in rates was caused by the readjustment of the
percentage basis between points in the Southern peninsula of
Michigan and the East,
THE CH RON ICLE
886
The Board has devised a plan for reducing the rate of inter
est upon the 7 per cent bonds to 4 ^ per cent. In general
terms it provides that the 7 per cent bonds shall be extended
for fifty years at the lower rate of interest. The Pennsylvania
Railroad Company has agreed to guarantee the principal and
interest of the extended bonds, such guarantee being indorsed
upon the bonds as fast as redeemed and reissued. The Con
tinental Improvement Company, as principal stockholder in
the company, has approved this arrangement, and agrees to
continue the aid allowed in the trust deed.
In the land department the total sales for the year were 21,422 acres of hardwood and pine lands for $191,093 and of pine
wood $161,500. The amount in sinking fund December 81 was
#2 009 570.
Earnings, expenses and charges for four years have been as
follow s:
BARKINGS AND EXPENSES (ON GRAND RAPIDS & INDIANA ONLY).
1 88 8 .
409
M iles o p e r a t e d ................... ..
$
E a rn in g s—
7 3 4 ,4 0 8
P a ssen g ers ..........................
F re ig h t ................................... 1 ,3 7 1 .2 0 0
M a ll, e x p 's a n d m isoel’ n ’ s4 1 2 7 ,1 8 0
188 9 .
408
$
7 1 8 .8 9 4
1 ,4 1 9 ,8 2 5
1 5 2 ,4 4 7
1890.
428
$
7 3 0 ,2 0 4
1 ,7 4 0 ,8 0 1
1 8 0 .9 7 3
189 1 .
433
$
7 6 5 ,4 1 6
1 ,4 9 2 .6 3 4
1 4 2 ,3 6 3
T o t a l .................................. 2 ,2 3 2 ,7 8 8
O p er, e x p e n s e s a n d t a x e s 1 ,5 2 8 ,5 9 7
2 ,2 9 1 ,i 6 6
1 ,5 2 4 ,4 5 3
2 ,6 0 1 ,9 7 8
1 ,7 4 3 ,0 3 3
2 ,4 0 0 ,4 1 3
1 ,7 1 0 ,1 0 3
7 0 4 ,1 9 1
N e t e a rn in g s .................
63*46
P e r o. o p e r’ g e x . t o e a rn ’ s .
* I n o lu d e s in te re s t a n d ren ta ls.
7 6 6 ,7 1 3
66*54
8 5 8 ,9 4 5
66*99
6 9 0 ,2 5 0
71*24
1890.
$
8 5 8 ,9 4 5
437
189 1 .
$
6 9 0 ,2 5 0
4 ,5 3 8
INCOME ACCOUNT.
N et e a r n in g s ........................
M is c e lla n e o u s .......................
T o t a l ................................ .
D editcl—
In t e r e s t o n b o n d s ............... .
I n te r e s t o n flo a tin g d e b t.
R e n ta ls a n d m is ce lla n e o u s
1 88 8 .
$
7 0 4 ,1 9 1
1 88 9 .
$
7 6 6 ,7 1 4
7 0 4 ,1 9 1
7 6 6 ,7 1 4
8 5 9 ,3 8 2
6 9 4 ,7 8 8
7 1 9 ,4 2 3
4 7 ,4 4 3
1 7 ,1 3 8
7 3 7 ,4 2 5
*54,553
3 ,1 6 8
7 3 9 ,7 0 0
. 5 8 ,6 3 0
3 0 ,7 6 0
7 5 1 ,9 2 9
5 2 ,1 8 6
* 2 0 8 ,4 3 1
8 2 9 ,0 9 0 1 ,0 1 2 ,5 4 6
7 9 5 ,1 4 6
T o t a l ................................ . 7 8 4 ,0 0 9
B a l a n e e .................................. .d e f7 9 ,8 1 7 d ef. 2 8 ,4 3 3 su r.3 0 ,2 9 2 d e f.3 1 7 ,7 5 8
* I n clu d e s $ 1 4 8 ,1 4 0 fo r b e tte rm e n ts a n d $ 2 9 ,3 7 2 fo r e x t e n d in g first
m o rtg a g e b on d s.
[V
ol.
L IY \
The following were the proportionate earnings of the several
lines from freight and passengers in 1891-92 :
P a ssen gers.
A tla n t ic lin e ..................
$ 1 3 4 ,4 9 3
4 8 0 ,7 4 1
P a n a m a l i n e ........... ..................................
T ra n s-P a ciflo l i n e , . . . . ............................
4 2 3 ,0 7 4
T o t a l.................................................. $ 1 ,0 3 8 ,3 0 8
F reight.
$ 5 5 0 ,3 7 7
1 ,8 8 2,872
6 5 9 ,8 6 1
$ 3 ,0 9 3 ,1 1 0
Total.
$ 6 8 4 ,8 7 0
2 ,3 6 3 ,6 1 3
1 ,0 8 2 ,9 3 6
$ 4 ,1 3 1 ,4 1 0
W ilm ington & Northern Railroad.
{ For the year ending December 31, 1891.
The net earnings have been applied to the purchase of addi
tional equipment and real estate, and to new construction.
The principal items of these expenditures are as follows t
New equipment, $5,028; real estate, $438; construction,
$34,645.
Mr. H. A. Du Pont, the President, remarks that at a special
meeting of the stockholders held July 14, 1891, authority was
given for the issue of $50,000 bonds secured by the mortgage
dated December 1, 1887, to pay for the cost of construction
of the branch railroad from a point near Beach Street, in the
city of Wilmington, Del., to a point near the drawbridge
across the Christiani River, and to purchase such an amount
of the stock and securities of the West Chester Street Railway
Company as the board of directors should think proper, pro
vided that a controlling interest in the stock be obtained, the
certificates of stock or bonded indebtedness so purchased to
be deposited with the trustees of the above-mentioned mort
gage. In accordance with said action, $16,000 of the bonds
were sold to cover the cost of the above-mentioned branch
railroad.
A technical objection having been raised, it was thought
best not to issue the remaining bonds. A controlling interest
in the stock of the West Chester Street Railway Company has
been secured, however, the amount required having been
provided by a loan.
EARNINGS, EXPENSES AND CHARGES.
E a rn in g s—
.................
.................
Mail7 e x p re ss , & o ................................................................. - - .................
1891.
$ 8 2 ,52 7 3 4 2 ,5 0 5
1 9 ,5 9 5
................. $ 4 4 4 ,6 2 7
O p e ra tin g e x p e n se s a n d t a x e s ............................. ............. ................. 3 7 9 ,2 9 4
N e t e a r n in g s ....................................................................... .................
$ 65,333-
2 5 ,0 4 6
Pacific Mail Steamship Company.
In terest o n b o n d s (less in te re s t r e c e iv e d )..................... .................
{F o r the year ending A pril 30, 1892.^
................. $ 4 0 ,2 8 7
The Pacific Mail report, in the form of a circular, is issued
promptly, but contains no balance-sheet of the company. Mr.
George j . Gould, the President, remarks:
GENERAL INVESTMENT NEWS.
“ On examination you will find that the gross earnings have
increased during the year, but that the net earnings have
Atchison Topeka & Santa Fe.—The new plan of this com
slightly fallen off, owing to the fact that we have been obliged pany for issuing $100,000,000 of second mortgage bonds to
to spend a large amount of money to put our fleet in condition retire the incomes, and for other purposes, will be found at
to meet the increased requirements for speed and passengers, length in the advertising pages of the Chronicle. Comments
and to qualify under the law of March 3, 1891, for carrying upon the plan are also given in the editorial columns. There
the United States mails. The company has also during the are some matters of information which should be put on
year entirely rebuilt two of its vessels, besides constructing record in this department o f railroad news, and extracts from,
two new ones, v z., the “ Colombia,” now at sea on her first the company’s circular are given below.
trip to Colon, and the “ Peru,” which will make her first trip
It is an important provision under this mortgage that the
fro^m San Francisco to Japan and China in August next. All lifen and security of the present income bonds for payment of
thr available funds of the company have been applied during their principalis preserved, as all these bonds when exchanged
the year to these two objects, and in addition we have fore for the new mortgage bonds are deposited with the Union
stalled the earnings for the next five or six months.
Trust Company of New York, trustee, as part of the security
“ The fleet of the company is now in better condition than it for the new second mortgage bonds. The company’s circular
has ever been before, and we will in a short time be able to says:
apply our earnings to the payment of dividends to stockhold
“ In the Income Bond created under the Plan of Reorganiza
ers. ■ An issue of $5,000,000 bonds was authorized for the pur tion of 1889 it is provided that it is optional with the man
pose of reconstructing our fleet on the Pacific (i. e., the China agement that the cost of all improvements made on the
line), but up to the present time nothing has been done in that properties shall be deducted before interest is-paid, and as the
direction, as the class of vessels to perform that service has fund provided under the Reorganization Plan became ex
not as yet been determined. The company has been unfortu hausted these deductions had to be made, leaving a dimin
nate in the loss of its new steamer ‘ Nicaragua’ ©n the coast of ished rate of interest for the Income Bond coupons, viz., 2%
Central America, while on her second voyage. This, with the per cent in the first period, 2 per cent in the second and 2%
subsequent break down of the steamer ‘ City of Sydney,’ en per cent now declared for the year just closing. With the ex
tailing the less of the services of that Steamer for two months, perience the management has now obtained in operation of
and of the steamer ‘ Barracouta,’ which went in search of the properties, it is believed that the improvements for several
her, for almost one month, was a source of heavy expense to years to come should not be less than from $2,000,000 to
the company.
$3,000,000 per annum, including equipment recently acquired
“ I am happy to say that we are now in good shape, and the under car trust and such other rolling stock as may be
outlook is very bright and promising. The reciprocity treaties deemed necessary for the future wants of the road. With
' that have been entered into with the various countries to improvements satisfactorily provided for, the earning power
which the steamers of the company run will undoubtedly of the properties should be increased through reductions in
prove of great value, and it is the sincere belief of the man operating expenses, secured by substantial and adequate ad
agers that the time is not far off when the owners of the prop ditions to plant. The improvements in question relate alone
erty will begin to reap the benefit of their investment.”
to tracks, roadbed, buildings, machinery and rolling stock on
The comparative earnings and expenses are compiled for existing mileage of the Atchison Topeka & Santa Fe Rail
road System as described in Circular 63, which excludes the
the Chronicle as follow s:
lines of the St. Louis & San Francisco and Colorado Midland
EARNINGS AND EXPENSES.
1891 9?. railway companies, each of which has independent means
1890-91.
1889-90.
1888-89.
Earnings—
$684,870 for such purposes.
$697,291
$683,488
Atlantic line........... $777,435
Panama line........... 2,006,894 2,186,352 2,262,638 2,363,613
“ The improvements made on the railway lines from Octo
942,143 1,107,601 1,082,936
Trans-Pacific line__ 1,201,580
103,O
dO ber, 1889 (period of reorganization), to June 30, 1892, other
103,000
103,100
Subsidies................
100,267
25,729 than rolling stock not built at company’s shops, and exclusive
33,463
17,094
Interest and divid’ds
32,138
149,114 of repairs and renewals of plant and equipment charged into
94,518
42,743
133,591
Miscellaneous........
Total................. $4j161,057 $4,065,668 $4,298,571 $4,409,262 operating expenses (which more than offset depreciation),
Expenses—
will amouut to $4,900,000, additional, to which there were
$539,890 purchased in years 1890 and 1891 cars and engines to the value
$495,673
Atlantic line........... $553,787
$502,006
Panama line........... 1,528,697 1,520,057 1,614,852 1,7481506 of $2,508,945, which were placed under a trust which will
748,761
792,696
Trans-Pacific line...
837,616
762,536
363,536 now be canceled and this rolling stock enter directly under
375,032
407,729
411,883
Agencies.................
287,362 the mortgage liens, making an aggregate of new values in
217,397
Miscellaneous.......
338,333
358,636
Total................. $3,666,162 $3,555,118 $3,495,650 $3,688,055 improvements and equipment ad led to the property to June
$721,207 30, 1892, of $7,408,945, to which will also be included from the
$802,921
$510,550
Net earnings.......... $494,895
M ay 88, 1892.]
THE CH RON ICLE
8^7
•operations of this plan the additional sum of $2,500,000 in cars
Columbus & Hocking Valley.—In mentioning last week
and engines now being delivered under Equipment Trust the declaration of a first dividend of 2% per cent on the pre
ferred stock of this company it was also said that a settlement
Series A. * *
was to be made with Judge Stevenson Burke. On good
THE PROPOSED CONVERSIONS ON THE BASIS FOLLOWING.
authority we are now informed that no such settlement is
A s e e o n d m o rtg a g e , u n d e r w h ic h th e issu e o f b o n d s w ill b e as h e re in
a fte r sta te d , d a te d J u ly l , 189 2 , t o e x p ir e J u ly 1 , 1 9 m9 , o o v e r in g all pending, and as to Judge Burke himself there appears to be
th e p ro p e r tie s o f t h e A tc h is o n a n d A u x ilia r y C om p a n ies n a m e d in Cir nothing to settle.
c u la r 6 3 o f O c to b e r 1 5 ,1 8 8 9 , h a s b e e n c r e a te d , n e x t in lie n to th e g e n
e r a l m o rtg a g e , u n d er w h ic h c o u p o n g o ld b o n d s in d e n o m in a tio n s o f
Concord & Montreal.—A bill in equity in the Supreme
o n e th o u s a n d d o lla rs (.$>1,000; a n d fiv e h u n d red d o lla rs (* 5 0 0 ) a n d r e g
Court of New Hampshire has been filed against the directors
i s t e r e d b e n d s o f fiv e h u n d red d o lla rs ($ 5 0 0 ), o n e th o u s a n d d o lla rs
($ 1 ,0 0 0 ), t e n th o u s a n d d o lla rs ($ 1 0 ,0 0 0 ), a n d fifty th ou sa n d d o lla rs of the Concord Sc Montreal Railroad to restrain the issue of
($ 5 0 ,0 0 0 ) e a c h w ill Issue, w ith
fix e d In terest p a y a b le O c to b e r $1,200,000 new stock voted at the special m eting of the
a n d A p ril in c a o h y e a r. S crip in d e n o m in a tio n o f o n e h u n d re d d o lla rs steckholders last week, on the grounds that the motion for
($ 10 0 ) w ill a lso issu e b e a r in g in te r e s t p a y a b le w h e n c o n v e r t e d In to the meeting was illegal and that the stock is to be used for
b o n d s. T h e b o n d s u n d e r th is in d e n tu re w ill a ll h a v e th e sa m e s e cu rity ,
purposes not authorized by law. The Chief Justice issued a
a n d w ill b e is s u e d in t w o cla sses, v iz .:
temporary injunction, returnable June 13.
C la ss “ A ,” $ '*0 ,0 0 0 ,0 0 0 .
T o d ra w fix e d in te re s t, p a y a b le O c to b e r a n d A p r i l :
Dutchess County—Philadelphia & Reading.—The new
T h re e m o n th s e n d in g S ep tem b er 3 0 ,1 8 9 2 , a t ra te o f 2 4 p e r c e n t p e r
Dutchess County Railroad, extending from Poughkeepsie to
annum .
F ir s t y e a r e n d in g S e p te m b e r 3 0 , 1 3 9 3 , at. ra te o f 2 1 p e r c e n t p e r Hopewell Junction, thirteen miles, was opened for business
«
■annum .
this week. It connects with the New burg Dutchess Sc Con
S e co n d y e a r e n d in g S ep tem b er 3 0 ,1 8 9 4 , a t ra te o f 3 p e r c e n t p e r
necticut Road at Hopewell. It also connects with the New
annum .
T h ird y e a r e n d in g S ep tem b er 3 0 ,1 8 9 5 , a t ra te o f 3 hi p e r c e n t p e r York Sc New England Railroad, giving both roads an outlet
annum .
over the Poughkeepsie Bridge. The road will be under the
F o u r th y e a r e n d in g S e p te m b e r 3 0 , 1 8 9 6 , a n d th e r e a ft e r u n til m a Reading control, being leased to that corporation for the inter
t u r it y , a t ra te o f 4 p e r c e n t p e r a n n u m .
est on its $350,000 bonds and a graded dividend on the $300,<4)0
C lass ‘ B ,” $ 2 0 ,0 0 0 ,0 0 0 .
T o d r a w fix e d In terest, p a y a b le O c to b e r a n d A p r il, a t 4 p e r c e n t p e r stock.
annum .
Marietta & N rth Georgia.—A new plan for the reorgan
T h ese b o n d s t o b e iss u e d in n o g r e a te r sum in a n y on e y e a r th a n five
It
m illio n o f d o lla rs ($ 5 ,0 0 0 ,0 0 0 ), a n d o n ly b y th e tru s tee u p o n ce r tifica te ization of this company has been made public this week.
o f th e b oa rd o f d ire cto rs o f th e c o m p a n y d u ly fu r n ish e d th a t th e is formulated by a committee consisting of Messrs. H. A. V.
p r o c e e d s sh a ll a p p ly to s p e c ific im p r o v e m e n ts (in clu d in g eq u ip m en t) Post, of Post, Martin & Co.; Thomas Carmichael, of Dent,
t h e r e in n a m ed o n th e m ile a g e o f th e A to h is o n T o p e k a & S an ta F e
r a ilr o a d sy s te m as it e x is te d as o f J u ly 1, 1892, e x c lu s iv e o f th e m ile Palmer & Co., of London : Walter Stanton, of Coffin & Stan
fc
a g e o f th e St L ou is & San F r a n c is c o R a il w aylay stem a n d th e C o lo ra d o ton ; E. E. Denniston, of E. W . Clark < Co., Philadelphia,
M id la n d R a ilw a y . I n th e e v e n t th a t th e im p r o v e m e n ts in any o n e y e a r and Newman Erb. The plan provides for the issue of new
s h a ll n o t b e e q u a l t o th e p r o c e e d s o f th e $ 5 ,0 0 0 ,0 0 0 o f b o n d s , i t is u n
first mortgage fifty year 5 per cent bonds for $3,500,000, a
d e r s to o d th a t th e su rp lu s p r o ce e d s o f su ch b o n d s shall a p p ly in th e
n e x t y e a r fo llo w in g t o im p r o v e m e n ts f o r s u ch y ea r, b u t to no g r e a te r second 5 per cent mortgage for $4,000,000 (interest to 1897
a m o u n t th a n th e p r o c e e d s o f $ 5 ,0 0 0 ,0 0 0 (o f b o n d s in a n y o n e y e a r payable in ineomes), income bonds for $1,500,000 and $11,s o th a t w h ile p r o v is io n is m a d e th a t b o n d s ca n issu e in a n y on e y e a r to 500,000 of stock, of which $3,500,000 is preferred.
th e lim it o f $ 5 ,0 0 0 ,0 u 0 , th e p ro ce e d s o f th e sam e m a y a p p ly to m o re
The old consol, sixes of 1887 are offered the new seconds for
th a n th e fo u r y e a r s c o v e r e d b y th e $ 2 0 ,0 0 0 ,0 0 0 o f b o n d s ; a n d it is a lso
u n d e rs to o d th a t th e p r o c e e d s o f n o n e o f th e s e b on d s sh a ll a p p ly t o th e their principal, the incomes for the unpaid matured coupons
«e x te n sio n o f th e c o m p a n y ’ s lin es b e y o n d th e m ilea g e re fe r r e d to ,
and the privilege of subscribing to the new firsts at 65. The
“ The foregoing issues, of which the use of the Class B second proceeds from the sale of $2,000,000 of the firsts will be used
mortgage gold bonds $20,000,000 extends over a period of not to retire the $389,000 prior lien bonds of 1881, to settle receiv
less than four years from July 1, 1892, will amount in the er’s debts and provide for betterments and improvements. De
aggregate to $100,000,000 when all the Class B Bonds are posits under the plan may be made with the Atlantic Trust
issued, and at the end of four and one-quarter years from Company.
July 1, 1892, become bonds of one class only, at same rate of
Missouri Kansas & Texas.—The directors of the Missouri
interest per annum, viz., 4 per cent. Under this new mort Kansas & Texas Railway Company recently elected at the an
gage the right is reserved to the company to issue second nual meeting have organized with officers as follows : Henry
mortgage 4 per cent gold bonds only after the full amount of C. Rouse, of New York, Chairman ot the Board and Presi
the $20,000,000 Cl ss B bonds shall have been issued, to an dent ; J. Waldo, of St. Louis; First Vice-President; Thomas
amount not in any one year exceeding $2,500,000 for the same C. Purdy, of Parsons, Kan., Second Vice-President; William
specific purposes, on the same mileage and under the same Dowd, Third Vice-President; Simon Sterne, General Counsel;
conditions as provided for the issue of the Class B Bonds, to a and C. C. Hedge, Comptroller, Secretary and Treasurer.
total limit of $50,000,000.”
On the Executive Committee are Mr. John D. Rockefeller,
Under this plan the fixed charges of the company for four William Bond, H. W . Poor, William Dowd and Colgate
years beginning with July 1,1892, with no contingent charges Hoyt.
excepting such as will pertain to dividends on capital stock,
The organization of the executive department of the com
will be as follows: In 1892-98, $10,200,000; in 1893-94, $10,700,- pany has been modified to meet the proprietary interests, and
000; in 1894-95, $11,300,000; in 1895-96, $11,900,000; in 1^96-97, will insure the application of business principles to the future
$ 12, 000 , 000 .
operation of the road.
In case the improvements in any of the years above noted
It is intended to build at once an extension of the road from
call for less than the proceeds of $5,000,000 second mortgage its present terminus at Boggy’s Tank, Texas, into Houston, a
gold bonds, the fixed charges will be proportionately lower. distance of 80 miles, and also to close up the gap between
This includes Car Trust, Series “ A ,” Atchison Company, in Bastrop and San Marcos, about 30 miles. These two pieces
total amount $2,500,000. The first Car Trust of 1890-91 pro o f construction will give the M. K. & T. a through line from
posed to have been issued in amount of $2,508,945 48 has Houston to San Antonio and is in line with the policy of the
been canceled, and the rolling stock turned in under the reorganized company to round out and make compact the
lien of the general mortgage and second mortgage bond inden former disjointed system. The completion last year of the
tures.
Dallas Sc Waco line connected the Northern and Southern
Buffalo Rochester & Pittsburg—Beech Creek.—The con sections o f the road ; the building o f the line to Kansas City
tracts for the construction o f the 27 miles of connection be gave'to the system an important terminus and the extension
tween the Rochester Sc Pittsburg Road and the Beech Creek now under way to St. Louis is another move looking towards
require that the work shall be completed by November. The the strengthening of the system. (See map in I nvestors’
output of 24,000 a^res of coal land will then be available for Supplement.) The St. Louis extension is being built by the
shipment over the Beech Creek and Reading roads, and both Missouri Kansas Sc Eastern, a corporation formed tor the pur
companies will require new cars to accommodate the traffic. pose, its stock being owned by the Missouri Kansas & Texas,
Canadian Pacific.—The Canadian Pacific Railroad Com which will guarantee the bonds to be issued to provide
pany will issue in London £2,000,000 sterling perpetual 4 per for the new line. To meet the requirements of Texas laws
the company’s lines in Texas were
cent debentures at 101 per cent in order to take up various corporation known as the Missouri organized last year into a
Kansas & Texas
outstanding obligations, most of which, it is said, bear a of Texas. The stock of this corporation is deposited Railroad
in trust
higher rate of interest.
for the M. K. Sc T. Co. and under its charter will be built the
Central o f New Jersey.—A note appended to the Philadel Houston extension raferred to above.
phia & Reading statement of earnings says that the operaNew York Provide ce & Boston.—More than the necessary
tionsof the Central Railroad of New Jersey for thg four
months of the fiscal year ending April 30, 1892, show an in two-thirds of the stock of this railroad company has voted to
approve the lease of the road to the New Y >rk Nsw Haven &
crease in net earnings of $141,227, or over 8% per cent.
Hartford Company. The lease is for sixty years from April
Chicago & Great Western.—The directors of this railroad, 1, 1892, and includes the Providence & Stonington Steamship
which has absorbed the Chicago Sf. Paul Sc Kansas City, will Company.
meet in Chicago next Tuesday for the purpose of increasing
Norfolk & Western.—The mineral traffic of the Norfolk Sc
the capital stock from $90,000,000 to $100,000,000.
Western, including coal and coke, aggregated in the last year
Chattanooga Southern.—The U. S. Circuit Court for the 4,630,313 tons, out of a total freight traffic of 5,797,941 tons.
Northern district of Georgia has authorized $250,000 receiv In the May issue of the I nvestors’ Supplement, out to-day,
er’s c ertificates to be disbursed under the authority of the Court will be found a map showing the mineral territory tributary
and with the consent of the reorganization committee. The to this road, which makes clear the vast resources for
sale of the road it is expected will shortly be made.
traffic in the future.
Citizens’ Gas Co., B rooklyn.—The capital stoek of this
Philadelphia & Reading.—August 1, 1892, is the time upon
company was listed this week on the Ne w York Stock E x which the present voting trustees’ certificates will be ex
change. The official statement relating to the company’s changed for regular stock. The five years’ voting trust will
■financial affairs submitted to the Exchange is given at length expire on that day. Stock to be voted at the annual election
-on another page.
on the second Monday of January must be registered in own
THE CHRONICLE.
888
er’s name ninety days previously. The results for April and
for the five months of the fiscal year were as follow s:
-------- A p r i l .------------ , ,----- Dec. 1 to A p r . 8 0 .----- •
1891.
1892.
1 8 9 0 -9 1 .
1 8 9 1 -9 2 .
$
R a il ro ad Co m p a n y .
$
$
$
8 ,9 1 9 ,5 4 5
8 ,0 3 0 ,8 4 4
G ross r e c e ip t s ................. 1 1 ,6 1 0 ,3 2 6 1 ,7 0 1 ,4 4 1
5 ,0 8 2 ,7 7 5
4 ,7 4 0 ,9 0 6
9 2 3 ,8 7 1 1 ,0 1 2 ,6 7 4
G ro ss e x p e n s e s ...........
6 8 6 ,4 5 5
3 5 ,4 9 8
N e t e a r n in g s .............
O th er n e t r e c e ip t s ..........
6 8 8 ,7 6 7
5 0 ,7 5 6
3 ,2 8 9 ,9 3 8
1 9 1 ,0 3 0
3 ,8 3 6 ,7 7 0
2 1 0 ,9 1 7
d e p a r t s
Y o l.
a u à
UV.
J ^ o c u m ^ u ts .
TH E C ITIZ E N S ’ G A S C O M P AN Y OF
BRO O K L YN .
APPLICATION TO THE NEW YORK STOCK EXCHANGE.
B r o o k l y n , N. Y ., April 26, 1892.
Application is hereby made to list the following security
8 1 ,1 9 9 issued by the Citizens’ Gas Company of Brooklyn, viz.: Capital
2 4 3 ,1 2 3
8 ,7 6 0
3 ,1 2 5 ,0 0 0
3 ,0 5 8 ,8 4 7
6 2 5 ,0 0 0
stock, 17,500 shares at $100 each, $1,750,000. This company
3 ,3 0 1 ,9 7 0 3 ,2 0 6 ,1 9 9 was incorporated under the law of the State of New York
6 3 3 ,7 6 0
6 7 1 ,2 1 4
T o t a l ..............................
8 4 1 ,4 8 8 entitled “ An act in relation to business corporations,” under
1 7 8 ,9 9 8
1 0 5 ,7 6 3
5 0 ,7 3 9
B a la n c e ..............................
Chapter 567, Laws of 1890. Its principal office is located at 180
Co a l & I ron Co .
8 ,4 7 5 ,7 6 1
6 ,8 5 6 ,4 4 3
G r o ss r e c e ip t s ..............-4 1 ,3 0 5 ,6 9 6 1 ,6 3 0 ,3 0 4
8 ,0 3 8 ,3 2 9 Atlantic Avenue, Brooklyn, New York. Registrar and trans
6 ,7 2 0 ,6 3 8
1 ,2 9 7 ,2 8 7 1 ,5 6 7 ,6 6 5
O p e ra tin g e x p e n s e s —
fer agents, the Central Trust Company, 54 W all Street, New
4 3 7 ,4 3 2 York.
1 3 5 ,8 0 5
8 ,4 0 9
6 2 ,6 3 9
N e t e a rn in g s ..........
D e d u ct—
The history of the company is briefly stated as follow s: The
3 6 7 ,7 0 8
3 5 3 ,9 6 3
7 7 ,1 7 7
6 7 ,0 4 6
C o llie iy im p r o v e m e n ts.
46.7U8 Citizens’ Gas Light Company of Brooklyn was organized in
9 2 ,9 6 3
8 ,9 6 7
P e rm a n e n t im p r o v e m ’ts 1 2 1 ,8 2 7
3 3 0 ,0 0 0
3 4 0 ,0 0 0
6 8 ,0 0 0
6 8 ,0 0 0
P r o p o r t ’n y e a r ’ s c h ’rg es
1858 under the general gas law of tbe State of New York,,
7 4 4 ,4 1 6 passed Feb. 16,1848. The Union Gas Light Company was organ
7 8 6 ,9 2 6
1 5 4 ,1 4 4
1 5 6 ,8 7 3
T o t a l............................
3 0 6 ,9 8 4 ized in lb61. On April 1, 1892, a consolidation of the two com
6 5 1 ,1 2 1
9 1 ,5 0 5
1 4 8 ,4 6 4
D e f. o f C oa l & I r o n C o..
panies was effected under the name of the Citizens’ Gas Com
P A S . AND C. & I. C o.
3 0 6 ,9 8 4 pany of Brooklyn, with a capital of $2,000,000, of whioh
6 5 1 ,1 2 1
9 1 ,5 0 5
1 4 8 ,4 6 4
D e f. o f C oal & Iro n C o .
8 4 1 ,4 8 8 $1,750,000 is already issued. The remainder of the capital
1 7 8 ,9 9 8
1 0 5 ,7 6 3
5 0 ,7 3 9
S u rp lu s o f B a ilr o a d C o .
stock, amounting to $250,000 par value, is to be retained by
d f.4 7 2 ,1 2 3 s r.5 3 4 ,5 0 4
B a l. b o t h o o m p a n ’ s . d f.9 7 ,7 2 5 sur. 1 4 ,2 5 8
the new corporation for its own use and disposed of, by it,
Railroads in New York State.—The following have reported from time to time for the purchase of supplies and as a work
ing capital in such manner as said new corporation shall deem
to the State Railroad Commissioners :
advisable and proper.
NEW Y O R K & CANADA.
The capital and bonded indebtedness of the two companies—9 m os. end. M a r. 3 1 .—
.
/—Q uar. end. M a r. 3 1 .—.
189 1 -2 .
at the time of the consolidation was as follow s:
1 89 2 .
1 89 0 -9 1.
189 1 .
3 ,4 8 0 ,9 6 8
4 ,0 4 7 ,6 8 7
$
1 9 8 ,6 4 1
1 5 0 ,8 1 0
$
8 0 7 ,7 1 2
6 0 2 ,5 4 0
$
7 2 5 ,3 8 6
5 3 5 ,6 2 3
C apital p a id in .
B on d s..
T h e U n io n G a s L ig h t C o m p a n y ................................ $ 2 5 0 ,0 0 0
$ 5 0 0 ,0 0 0
T h e C itizen s’ G a s L ig h t C o m p a n y o f B r o o k ly n . 1 ,5 0 0 ,0 0 0
7 5 0 ,0 0 0
4 7 ,8 3 1
7 8 ,2 3 2
2 0 5 ,1 7 2
2 2 7 ,9 0 3
1 9 9 ,7 6 3
2 3 2 ,9 4 6
•df.49,468 d e f.3 0 ,4 0 1 d e f.2 2 ,7 3 1
d e f.4 3 ,1 8 3
The stock of the new organization (the Citizens’ Gas Com
pany of Brooklyn) was apportioned to the stockholders of tha
uniting companies, dollar for dollar, as follows:
7 2 1 ,9 5 3
T o t a l............................
D ed u ct—
5 9 ,4 4 5
P e r m a n e n t im p r o v e m ’ts!
P r o p o r t ’n y e a r ’ s ch a rges 6 1 1 ,7 6 9
$
G ro ss e a rn in g s ................. . . 2 0 1 ,6 7 5
O p e ra tin g e x p e n s e s .— .. 1 7 3 ,3 2 8
N e t e a r n in g s ............. . .
I n t ., re n ta ls & fa x e s ....... . .
B a la n c e ................. .
2 8 ,3 4 7
7 7 ,8 1 5
7 3 9 ,5 2 3
STATEN ISLAND RAPID TRANSIT.
—Q u a r. en d . M ch. 3 1 .—»
1892.
1 89 1 .
$
$
1 7 4 ,2 6 7
G ross e a r n in g s ................. . 1 7 0 ,0 3 9
1 5 6 ,2 6 6
O p e r a tin g e x p e n s e s ....... . 1 5 5 ,1 2 6
N e t e a rn in g s ............. . .
a n d t a x e s ... .
Int., re n ta ls
1 4 ,9 1 3
7 4 ,7 8 9
1 8 ,0 0 1
7 6 ,5 3 8
B a l a n c e ........................ d f.5 9 ,8 7 6 d e f.5 8 ,5 3 7
9 m os.end.M ch.31
1 890-91. 1 8 9 1 -9 2.
$
$
7 5 2 ,4 0 3
7 6 1 ,7 6 2
5 1 0 ,5 7 1
5 1 2 ,1 5 7
2 4 1 ,8 3 2
2 1 7 ,5 8 1
2 4 9 ,6 0 5
2 2 3 ,3 3 9
s n r.2 4 ,2 5 1 s u r.2 6 ,2 6 6
OGDENSBORG & LAKE CHAMPLAIN (INCL. SAR. & ST. LAWRENCE).
Q u ar. en d . M a r. 3 1 —
,
1892.
189 1 .
$
$
1 6 8 ,4 8 7
G r o ss e a r n in g s ................. . 1 6 0 ,3 9 1
1 0 9 ,4 6 2
O p e r a tin g e x p e n s e s ....... . 1 2 1 ,8 8 2
/—9 m os. en d . M a r. 3 1 .—
.
1 89 0 -9 1.
1 8 9 1 -9 2 .
$
$
6 0 8 ,5 0 0
6 4 3 ,7 5 0
4 3 2 ,1 7 6
4 2 1 ,1 9 2
T h e U n ion G as L ig h t C o m p a n y ................................................
$ 2 5 0 ,0 0 0
T h e C itizens’ G as L ig h t C o m p a n y o f B r o o k ly n .......................... 1 ,5 0 0 ,0 0 0
N o t is s u e d ...................................................................................................
2 5 0 ,0 0 0
Of the above Citizens’ Gas Light Company only $1,200,000
was listed.
The new company also assumed the following bonded in*
debtedness:
A m o u n t. In t.ra te.
T h e C itizens’ G as
L. Co. o f B k ly n .$ 2 5 0 ,0 0 0 5 p . c.
T h e C itizens’ G as
L . Co. o f B k ly n . 5 0 0 ,0 0 0 5 p . o.
T h e U nion G a s
L . Co. o f B k ly n . 2 5 0 ,0 0 0 6 p . c.
T h e U n io n G as
L Co. o f B k ly n . 2 5 0 ,0 0 0 5 p . c.
In terest du e.
A p r . l & O ot. 1
M a tu re.
A p ril 1 , 1 89 5 & 1 9 0 5
F e b . l & A u g . l F e b . 1 ,1 9 4 0
J a n .l& J u ly L J u ly 1 ,1 9 0 5
J a n .l & J u l y l J a n . 1 ,1 9 2 0
Bonds of the Citizens’ Gas Light Company for $250,000 are5 9 ,0 2 5
1 7 6 ,3 2 4
3 8 ,5 0 9
2 2 2 ,5 5 8 held by the Central Trust Company for the purpose of retiring
N et e a rn in g s .............. .
814
6 ,3 0 4
856
2 ,5 0 1 250 bonds of $1.000 each, interest at 5 per cent, dated April 1,
O th er i n c o m e ........... ........
1 8 2 ,6 2 8
3 9 ,3 6 5
5 9 ,8 3 9
2 2 5 ,0 5 9 1885, maturing April 1, 1895 or 1905.
T o t a l...............................
6 5 ,0 2 8
1 9 7 ,3 3 1
Bonds of the Union Gas Light Company for $250,000 are6 9 ,0 0 8
1 9 7 ,5 9 7
Int., re n ta ls a n d t a x e s ...
held by the Central Trust Company for the purpose of retiring
.d f.2 9 ,6 4 3
d e f.5 ,1 8 9
d e f. 1 4 ,7 0 3 su r.2 7 ,4 6 2
B a l a n c e .......................
25b bonds of $1,000 each, interest at 6 per cent, dated July 1,
LEHIGH & HUDSON RIVER.
1885, maturing July 1, 1905.
/
—Quar. en d. M ar. 3 1 .—, /-9 m os. en d . M a r.3 1 —
Land owned by the company : 105 lots between Fifth and
1 89 2 .
1891.
1 89 0 -9 1.
1 89 1 -9 2.
Seventh streets and Gowanus Canal and Smith Street, on
$
$
$
$
8 8 ,5 5 7
8 2 ,6 2 8
2 7 7 ,0 9 1
2 7 9 .0 3 6 which the works of the Citizens’ Company are located, with
G r o ss e a r n in g s ...................
6 0 ,9 7 8
4 3 ,2 4 0
1 8 1 ,2 5 0
1 4 4 ,8 2 2 water front on canal of about 532 feet, in all about 6% acres ;
O p e r a tin g e x p e n s e s .......
one lot on Atlantic Avenue between Henry and Clinton
2 7 ,5 7 9
3 9 ,3 8 8
9 5 ,8 4 1
1 3 4 ,2 1 4
N e t e a rn in g s .................. !
streets, on which the office building is located. Also 29 lots
3 3 ,7 0 0
8 3 ,8 0 0
1 0 1 ,3 0 0
Int., r e n ta ls a n d t a x e s .. 2 9 ,5 3 5
at 2,934 Atlantic Avenue between Ashford and Cleveland
s u r.1 2 ,0 4 1 s u r.3 2 ,9 1 4 Streets, on which the branch office and works of the company
B a la n c e -- — ............. d e f.1 ,9 5 6 su r.5 ,6 8 8
Richmond & West P oin t Terminal.—Two letters were ad are located, in all about 2 acres. This property is located on
dressed to Messrs. Drexel, Morgan & Co. requesting them to the line of the Long Island Railroad, and has a switch laid
undertake the reorganization of this company. The first, un into the yard o f the works for the delivery of coal and other
der date of the 20th inst., was signed by Messrs. Kessler & material. The switch is owned by the Gas Company. Both
Co., Spencer Trask & Co., John Bloodgood & Co., Chas. Head plants are equipped for manufacturing gas under the Meezo
Sc Co., and a great many other prominent firms. The second process.
letter, under date of the 26th, was signed by the joint com T h e o u tp u t c a p a c it y o f C itizen s’ w o r k s p e r fla y — 1 ,2 5 0 ,0 0 0 c u b ic feet
««
“
U n io n
“
___ 7 5 0 ,0 0 0
“
mittee appointed by the holders of stocks and bonds, of which
Mr. W m . E. Strong was Chairman,and was signed by Messrs.
T o t aX.................................................................................. 2 ,0 0 0 ,0 0 0
*»
Strong, Thomas, Clyde, Mabin, Clark, Wormser and others.
The machinery and buildings of the Union Company areThe reply of Messrs. Drexel, Morgan & Co. was substan almost entirely new, having been constructed in the past two
tially the same to each letter, and the following is the text of years, for manufacturing water gas ; and all the old plant fo r
their answer to Messrs. Strong and others:
manufacturing coal gas was tom down and replaced with
W . E . S trong, E sq ., C h a irm a n ,p r esen t.
M a y 2 7 ,1 8 9 2 .
new buildings and machinery.
D e a r 8 ib — We b e g t o a c k n o w le d g e r e c e ip t o f th e e s te e m e d f a v o r o f
The machinery for manufacturing water gas at the Citi
y o u r s e lf a n d a ss ocia tes o f th e j o in t co m m itte e a p p o in te d b y h o ld e rs o f
s to c k s a n d b o n d s o f th e R ic h m o n d T erm in a l an d a llied co m p a n ie s, zens’ works was entirely new in February, 1890, as the old
d a te d 2 6 th in s t., in v it in g us “ t o e x a m in e in t o w ith a v ie w t o u n d e r coal gas apparatus was all taken out at that time and replaced
t a k in g th e fin a n cia l re h a b ilita tio n o f th ese p r o p e r t ie s .”
.
.
A t th e sam e tim e w e r e c e iv e d a r e q u e s t s ig n e d b y M essrs. K e s s le r & by a water gas process.
The new company (composed of the Citizens Gas Light
C o ., S p e n ce r T ra sk & C o., a n d m a n y oth e rs , t o th e sam e effe ct:
I n v ie w o f y o u r a ss u ra n c e o f th e a ss en t au d co -o p e ra tio n o f a la r g e Company and the Union Gas Light Company) is now earning
m a jo r it y o f th e secu rities d e p o s ite d w ith th e C en tra l T ru st C o m p a n y , dividends at the rate of more than 5 per cent per annum.
a n d t h e d e sire e x p r e s s e d b y th e la r g e h o ld in g s re p re s e n te d by M essrs.
K e s s le r & C o. a n d oth ers, w e h e r e b y s ig n ify o u r a c c e p t a n c e o f t b e in Dividends have been paid by the Citizens’ Gas Light Com
v it a t io n , a n d w ill u n d erta k e th e e x a m in a tio n in to th e a ffairs o f th e pany semi-annually since January 1, 1862, except in the year
e o m p a n ie s lo o k in g t o th e en d y o u d esire.
1882, when one dividend was passed. For the past three years
A s s u ch e x a m in a tio n w ill in clu d e th e p re s e n t fin a n cia l a n d p h y s ic a l
c o n d it io n o f i he p r o p e ties , as w e ll as p r o p e r co n s id e ra tio n o f th e ir fu the Union Gas Light Company has earned 5 per cent an
t u r e n e e d s , w e sh a ll n e c e s s a r ily re q u ire a m p le tim e t o m a k e it as th o r nually for dividends, but the money has been speut in extend
o u g h a s p o ss ib le in o r d e r t o r e a c h a s o u n d b asis f o r a n y re o r g a n iz a tio n ing and improving the,plant, and no dividends have been de
if p r a c t ic a b le .
clared during that period.
T h a n k in g y o u f o r th e co n fid e n ce s h o w n u s b y y o u r re q u e s t,
[S ig n ed .]
W e a ré, d ea r sirs,
D R E X E L ,, M O R G A N & CO.
T h e c o m p a n y o w n s 7 6 m ile s o f m a in s v a lu e d a t . . . . . . . - - .
T h e c o m p a n y o w n s s e r v ic e p ip e s a n d m e t e r s . . . . . . . . . . . . .
$ 4 1 4 ,6 5 6 95200,000 w
THE CHRONICLE.
Ma y 28, 1892.]
The public buildings along the line o f the company’s mains
are lighted by the company. The trial balance of the new
company April 1, 1892, was as follows :
889
© o ro tu rrtM
jin x e s .
D r.
P r o p e r t y a c c o u n t ... .
“ a s h ............................... .
C
M a te ria l o n h a n d .......
A c c o u n ts re c e iv a b le .
$ 2 ,8 9 6 ,6 2 5
2 5 6 ,6 3 8
1 5 ,9 6 4
1 5 8 ,0 4 1
34
44
17
24
$ 3 ,3 2 7 ,2 6 9 19
Or.
C a p ita l S to c k ........................................................................................$ 1 ,7 5 0 ,0 0 0 0 0
C itiz en s’ G a s L . C o. 5 p e r c e n t b o n d s, d u e 1 8 9 5 o r 1 9 0 5 .
2 5 0 ,<i00 0 0
5 0 0 ,0 0 0 0 0
C itiz en s’ G as L ig h t C o. 5 p. c. b o n d s , d u e 1 9 4 0 .....................
A c c r u e d in te r e s t o n b o n d s a b o v e ...............................................
1 0 ,4 1 6 6 7
U n io n G a s L igh t Co. 6 p e r c e n t b o n d s , d u e 1 9 0 5 ...............
2 5 0 ,0 0 0 0 0
U n io n G a s L ig h t C o. 5 p e r c e n t b o n d s, d u e 1 9 2 0 ...............
2 5 0 ,0 0 0 0 0
A c c r u e d in te re s t o n b on d s a b o v e .............................................
6 ,8 7 5 0 0
D e p o s its fr o m c o n s u m e r s ....................................... $ 4 8 ,1 6 5 0 0
I n t e r e s t o n d e p o s it s .................................................... 1 0 ,1 4 8 8 4
-----------------5 8 ,3 1 3 8 4
B ills p a y a b l e . . . . . ..............................................................................
1 1 8 ,3 8 1 9 7
S und ay b ills f o r m a teria ls, & o......................................................
5 2 ,9 9 1 9 3
P r o fit a n d l o s s ....................................................................................
8 0 ,2 8 9 78
$ 3 ,3 2 7 ,2 6 9 19
Number o f meters in use April 1, 1892, 6,931; number of
street lamps in use April 1, 1892, 1,386; number of miles
street mains, April 1, 1892, 76 3399-5280.
Directors—Thomas E. Stillman, Henry H. Adams, Camille
Weidenfeld, John Byrne, Stephen A. Lathrop, Elisha J.
Denison, Isaac E. Gates, Samuel J. Young, Charles G. Francklyn, Frank H. Davis, Thomas H. Thomas, Frank S. Smith, W .
Louis Boyle.
Officers—President, S. A. Lathrop; Vice-President, C. W eid
enfeld ; Secretary and Treasurer, S. F. Tudor.
T H E C IT IZ E N S ’ G A S C O M P A N Y O F B R O O K L Y N .
A ttest:
By S. A. L athrop, President.
S amuel F. Tudor, Secretary and Treasurer.
The Committee recommended that $1,605,400 of the abovedescribed capital stock be admitted to the list. Also that they
be empowered to add to the list from time to time additional
capital stock up to $1,750,000, when they shall have received
notice from the company that said stock has been issued.
Adopted by the Governing Committee May 25, 1892.
COMMERCIAL
EPITOME.
May 27, 1892.
The wintry weather, including no inconsiderable snow
falls in Northern latitudes, which prevailed at the date of our
last has been followed by a temperature almost summer-like,
giving a great impulse to seasonable trade. The disastrous
floods in the Mississippi River and its great tributaries have
measurably abated in Northern latitudes, but the waters re
cede slowly, and it seems probable that some areas of bottom
lands cannot be planted this season. Nevertheless, wheat and
cotton values have been weaker. There is another “ corner”
on current deliveries of Indian corn. The strike of the gran
ite cutters continues, but in somewhat modified form, remov
ing mostly the obstructions to building operations. Some
other labor troubles have been adjusted. A further advance
has been established in the prices of coal.
Lard on the spot has been inactive, but prices were harden
ing until to-day, when a part of the recent advance was lost,
closing quiet at 6c. for prime City, 6‘60® 6’65c. for prime
Western and 6 ’70® 6*90c. for refined for the Continent. The
speculation in lard for future delivery was without important
feature when prices were buoyant on large dealings, in sym
pathy with Western advices; but to-day sympathy with the
depression in the corn market and sales to realize caused a
sharp decline. The transactions embraced October contracts
at 6-94@6'95c.
F r id a y N ig h t ,
D AILY CLOSING FRIGES OF LARD FUTURES.
Sat.
J u ly d e liv e r y ......................c. 6 68
A u g u st d e l iv e r y ................o. 6 -74
S eptem b er d e liv e r y ...........o. 6*80
M on
6 -67
6 -7 4
6 -80
Tues.
6 -67
6-73
6 -80
W ed.
6 -70
6-77
6 -84
Thur.
6 -75
6 -82
6 -90
F ri.
6 -66
6 -74
6-81
Pork has made some further improvement, but closes dull
at $9 50®$10 25 for old mess, $11@$11 25 for new mess,
$10 50 for extra prime and $12 50@$14 for clear. Beef remains
qu iet; extra mess $6 25@$6 75, packet $7 50®$8 50 and family
$9@$10 50 per bbl.; extra India mess $13@$17 per tierce. Beef
hams have advanced materially and close at $15 50@$16 per
bbl. Cut meats have been rather slow of sale, but close steady;
pickled bellies, 10@12 lbs., in bulk 6%c. and in bxs. 7c.;
pickled shoulders 5%@6c. and hams lO jf s l l c . Tallow has
declined to 4%c., but at the reduction the demand is active.
Stearine is quiet at 7®7J^c. in hhds. and tierces. Oleomar
garine is steady at 6% @ 6^ c. Butter is lower at 16® 19c. for
creamery. Cheese is dull at 9%@10%c. for new State factory,
full cream.
Coffee on the spot has been quiet and values are a trifle
easier ; Rio No. 7 is quoted at 12,%@13c. To-day’s sales in
cluded Rio No. 7 to be shipped at 12%c.; mild grades have
been quiet, but steady; good Cucuta is quoted at 20%@21c.
Contracts have been fairly active but at a decline in values
New York Stock Exchange—New Securities Listed.—The under selling by “ longs,” owing to the dulness of the spot
Governing Committee of the New York Stock Exchange have market. To-day, however, there was an advance on buying
added to the lists for dealings the follow in g:
by “ shorts” to cover contracts, stimulated by stronger Euro
C h ic a g o R o c k I s l a n d & P a c if ic R a i l w a y .—$ 1 ,2 3 5 ,0 0 0 a d d itio n a l pean advices. The close was firm, with sellers as follows:
Kansas City Wyandotte & Northwestern.—An agreement
has been reached between the Northwestern Construction Co.,
controlling the Kansas City Wyandotte & Northwestern RR.,
and Mr. Jay Gould, by which the latter obtains a ma jority in
terest in both the stock and bonds. The minority interest in
the bonds represented by C. E. Bretherton of London have
agreed to proceed with the foreclosure and the subsequent
operation of the road for a period by a committee consisting
of Messrs. George J. Gould, R. G. Rolston and C. E. Brether
ton or his representative. When the earning capacity of the
road is ascertained a plan of reorganization will be submitted,
which will also provide for the outstanding receiver’s certifi
cates, car trusts and reorganization expenses, aggregating
about $800,000. Negotiations are pending to include the
Kansas City & Beatrice, extending from the terminus of the
Kansas City Wyandotte & Northwestern at Summerfield to
Beatrice, in the proposed reorganization.
firs t m o r tg a g e e x te n s io n an d co lla te r a l fiv e p e r c e n t t o n d s , m a k in g t b e
t o t a l a m o u n t lis te d $ 3 6 ,1 8 8 ,0 0 0 . A ls o $ 1 ,0 0 0 ,0 0 0 a d d itio n a l fiv e p e r
c e n t th ir ty -y e a r c o u p o n a n d re g is te re d d e b e n tu re b o n d s , m a k in g th e
t o t a l a m o u n t lis te d $ 3 ,0 0 0 ,0 0 0 .
C h ic a g o & W e s t M ic h ig a n R a i l w a y . —$ 5 ,7 5 3 ,0 0 0 fiv e p e r ce n t
m o r t g a g e c u r r e n c y b o n d s o f 192 1 .
C i t iz e n s ’ G a s C o m p a n y o f B r o o k l y n .—$ 1 ,6 0 5 ,4 0 0 c a p ita l s to c k ,
a n d a lso $ 1 4 4 ,6 0 0 a d d itio n a l w h e n issued.
F l in t & P e r e M a r q u e t t e R a i l r o a d .—$ 3 0 0 ,0 0 0 a d d itio n a l first c o n
s o lid a te d m o rtg a g e fo u r p e r c e n t g o ld b o n d s , m a k in g t h e t o ta l a m o u n t
lis t e d $ 1 ,8 0 0 ,0 0 0 .
G e o r g i a C a r o l in a & N o r t h e r n R a i l w a y .—$ 5 ,3 6 0 ,0 0 0 firs t m o r t
g a g e fiv e p e r c e n t g u a r a n te e d g o ld b o n d s o f 192 9 .
H a n n ib a l & S t . J o s e p h R a il r o a d .—$ 5 9 3 ,0 0 0 a d d itio n a l c o n s o li
d a te d m o rtg a g e s ix p e r c e n t b o n d s, m a k in g th e t o ta l a m o u n t liste d
$ 8 ,000 ,000 .
L e h ig h V a l l e y R a i l w a y (o f S t a t e o f N e w Y o r k .)—$ 2 ,0 0 0 ,0 0 0 a d
d itio n a l firs t m o r tg a g e 4 ^ p e r c e n t g u a ra n teed g o ld b o n d s o f 194 0 ,
m a k in g th e t o ta l a m o u n t liste d $ 1 3 ,3 0 0 ,0 0 0 .
M o n o n g a h e l a R i v e r R a i l r o a d .— $7 0 ,0 0 0 a d d itio n a l first m o rtg a g e
fiv e p e r c e n t g u a r a n te e d g o ld b o n d s, m a k in g th e t o ta l a m o u n t liste d
$ 7 0 0 ,0 0 0 .
N e w Y o r k C e n t r a l & H u d so n R i v e r R a i l r o a d .—$ 3 ,0 0 0 ,0 0 0 a d d i
t io n a l fo u r p e r c e n t g o ld d e b e n tu re c o u p o n a n d r e g is te re d b o n d s , m a k
in g th e t o ta l a m ou n t lis te d $ 1 1 ,7 0 0 ,0 0 0 .
N e w Y o r k S u s q u e h a n n a & W e s t e r n R a i l r o a d .—$ 5 5 0 ,0 0 0 a d d i
t io n a l g e n e ra l m o rtg a g e fifty -y e a r fiv e p e r c e n t g o ld b o n d s , m a k in g the
t o t a l a m o u n t lis te d $ 1 ,2 5 0 ,0 0 0 .
N o r f o l k & S o u t h e r n R a i l r o a d .—$ 2 ,0 0 0 ,0 0 0 c a p ita l s tock .
P i t t s b u r g & L a k e E r I e R a i l r o a d .—$ 1 ,0 0 0 ,0 0 0 secon d m o rtg a g e
fiv e p e r c e n t g o ld b o n d s o f 1 9 2 8 , series B ., m a k in g t o ta l a m o u n t liste d
$2,000,000.
6
P it t s b u r g C in c in n a t i Ch ic a g o & St L o u is R a i l w a y .—$ 3 ,1 8 2 ,0 0 0
a d d itio n a l c o n s o lid a t e d m o r tg a g e 4 1 p e r c e n t g o ld g u a ra n teed b o n d s,
«
m a k in g th e t o ta l a m o u n t liste d $ 1 0 ,0 0 0 ,0 0 0 . T h e a m o u n t o f C h ica g o
S t, L o u is & P itts b u r g first c o n s o l m o rtg a g e g o ld fiv e p e r c e n t b o n d s o f
1 9 3 2 w a s o rd e re d re d u c e d to $ 1 0 ,5 8 9 ,0 0 0 .
R o a n o k e & S o u t h e r n R a i l w a y .—$ 2 ,0 4 1 ,0 0 0 firs t m o rtg a g e fiv e
p e r c e n t g u a r a n te e d g o ld b on d s.
R o m e W a t e r t o w n & O g d e n s b u r g R a il r o a d .—$ 8 0 0 ,0 0 0 a d d itio n a l
c a p ita l s to c k , m a k in g th e t o ta l a m ou n t lis te d $ 8 ,7 6 8 ,1 0 0 .
T o l e d o P e o r i a & W e s t e r n R a i l w a y .—$ 4 ,0 7 6 ,9 0 0 c a p ita l s to c k .
M a y .................... 1 2-4 0 o. I A u g ..................... l l - 9 0 o . I N o v . . . .............. l l - 9 0 o l
J u n e ___ . . . . . . . 1 2 ’ 15o. S e p t.............. . . - l l '9 0 o . I D e o .. . . . . . . . . . . l l ’90o^
J u ly ................... l l - 9 5 o . l O o t ......... ............l l - 9 0 o . I
—a decline of 5@20 points for the week.
Raw sugars have been fairly active at full prices and the
close was firm at 2%c. for fair refining muscovado and 3 l-16c.
for centrifugals 96deg. test. Refined sugars have been active
and prices have advanced; crushed is quoted at 5 ®5j^c. and
granulated at 4 5-16@4^c. The boiling grade of molasses has
been dull and is quoted nominally unchanged at 103 ^c. for
50 deg. test. At the tea sale on Wednesday the offerings were
small and prices were steady.
Seed-leaf tobacco has been much more active, owing to re
cent wintry weather, the sales for the week aggregating
2,700 cases as follows : 1,000 cases 1891 crop, New Eagland
Havana, 28@31c.; 400 cases 1891 crop, New England seed, 20
@22c.; 400 cases 1891 crop, Wisconsin Havana, 7 @ 9 ^ c .; 400
cases 1890 crop, Wisconsin Havana, 12® 14c.; 200 cases 1890
crop, Pennsylvania Havana, 133^@ 40c.; 150 cases 1890 crop,
State Havana, 14@2§c., and 150 cases sundries, 6 ^ @ 35c.; also
600 bales Havana, 62c.@$l 15, and 250 bales Sumatra, $2®
$3 25.
Straits tin has further advanced on an active demand.
Sales amount to 500 tons, and the close is steady at 21’55c.
I d got copper is quiet, but Lake is steady at 12c. Lead has
been dull, and the closing price is easier at 4*25c. for domestic.
Pig iron is dull and easy at $14@$15 for No. 2 Southern and
Northern.
Refined petroleum is quoted at 6"05c. in bbls., 6*85c. in cases
and 3*55c. in bulk ; naphtha 5c.; crude in bbls. 5*40c. and in
bulk 2"90c. Crude certificates closed dull and nearly nom
inal at 56c. Spirits of turpentine is again lower, owing to
dull trade, and closes at 30@30%c. Rosins are also lower at
$1 35® $1 37J^ for strained.
W ool meets with a fair inquiry for the new clip. Hops are
in demand at full prices.
'
THE OHRONLCLE.
890
[YOL. JAW.
In a«. :tion to above exports, our telegrams to-night als©5
give us .« e following amounts o f cotton on shipboard, not
Friday , P. M., May 27, 1892.
cleared, at the ports named. W e add 'similar figures for
T he Movement of the Crop , as indicated by our telegrams New York, which are prepared for our special use by Messrs,
from the South to-night, is given below. For the week ending Carey, Yale & Lambert. 24 Beaver Street.
this evening the total receipts have reached 38,977 bales,
On S h ip b oa rd , n o t cle a r e d —f o r
against 30,670 bales last week and 50,127 bales the previous
L e a v in g ♦
.
week, making the total receipts since the 1st of Sept., 1891,
M a y 2 7 at—
Coast
S tock.
Other
G reat
Total.
F ra n ce. F o reig n w ise.
6,”
922,742 bales, against 6,749,398 bales for the same period of
B rita in .
1890-91, showing an increase since Sept. 1,1891, of 173,344 bale°.
COTTON.
R eceip ts a t—
M on.
Sat.
F r i.
114
1 ,1 9 2
645
1 55
618
1 ,0 5 5
16
1 ,1 7 3
447
1,661
14
276
8
6 ,2 1 8
1 64
519
......
370
..........
18
......
320
724
G a lv e s to n ...........
E l P a s o , A c .. .
N ew O r le a n s ...
M o b ile .................
F l o r i d a ................
S a v a n n a h ..........
B r u n s w ’ k, A c.
C h a r le s t o n ........
P o r t R o y a l, A c
W ilm in g t o n ___
W a sh ’g t o n ,A c
N o r fo lk ...............
1 ,4 6 6
580
......
68
..........
49
......
4 23
464
976
..........
4 17
..........
31
6 59
......
197
..........
232
..........
450
1 45
458
3 35
38
1 ,3 0 2
176
616
21
360
4 07
1 83
86
74
354
138 !
T o ta ls th is w eek
3 ,3 9 3
5 ,7 1 5
4 ,5 0 0!
3 ,0 3 2
927
1 1 ,4 6 0
735
374
1 ,6 8 3
1 13
......
20
..........
301
1,3 2 7
172
3 23
1 01 1
3 .6 1 3
72 1
N ’ w p ’ t N ’s ,A c.
N e w Y o r k ..........
B a l t i m o r e ..........
P a lla d e lp h ’ a ,A c
Totai-
3 03
927
1 ,0 7 7
86
W ed. 1T h ü rs.
T u ts.
4 ,5 7 4
1 ,683
1 ,811
3 71
..........
2,2 6 1
2 ,6 6 0
172
328
1 ,2 0 4
3 ,6 4 3
2 ,1 1 6
3 ,9 3 7 [ 8 ,8 9 7 1 1 0 ,5 3 5 ’, 3 6 ,9 77
The following shows the week’s total receipts, the total since
Sept. 1, 1891, and the stock to-night, compared with last year.
R eceip ts to
M a y 27.
G a lv e s t o n . . .
E l P a so ,& c.
N ew O rlea n s.
M o b ile . . . . .
F l o r i d a ..........
S a v a n n a h ...
B r u n s ., A c .
C h a rle sto n ..
P . R o y a l, A c
W ilm in g t o n .
W ash ’ tn ,A c
N o r f o l k .........
W e st P oin t.
N w p tN .,A e
N e w Y o r k . ..
B o s t o n ...........
B a l t i m o r e ...
P h ll’ d e l’ a , A c
S tock.
1 8 9 0 -9 1 .
1 8 9 1 -9 2 .
Since Sep.
This
W eek. 1 ,1 8 9 1 .
3 ,0 3 2 1 ,1 2 8 ,9 2 4
4 1 ,3 1 6
927
1 1 ,4 6 0 2 ,4 2 2 ,8 4 1
735
2 6 1 ,3 1 5
2 4 ,6 9 8
4 ,5 7 4 *9 9 3 ,8 4 3
1 ,6 8 3
1 6 6 .2 2 9
456 ,89 1
1,8 1 1
1 ,5 2 5
371
1 5 8 ,4 8 0
2 ,3 4 2
2 ,2 6 1
5 0 5 ,9 6 7
2 ,6 6 0 3 2 5 ,6 1 4
1 72
4 4 ,9 7 3
8 7 ,3 1 9
3 28
1,2 0 4
1 2 9 ,9 3 3
3 ,6 4 3
9 0 ,6 8 0
2 ,1 1 6
7 9 ,8 5 2
This
W eek.
2 ,8 3 3
5 ,9 1 0
1 ,026
31
5 ,4 2 5
634
3 ,2 2 0
64
3 ,7 3 1
1,1 7 1
89'
3 ,6 3 8
2 ,3 2 0
438
1 ,6 8 9
S in ce Sep.
1 ,1 8 9 0 .
9 8 3 ,3 4 4
2 3 ,7 1 6
2 ,0 1 3 ,9 2 1
2 8 5 ,7 7 9
4 4 ,2 5 7
1 ,0 9 8 ,0 7 8
1 8 7 ,6 2 5
5 0 0 ,3 4 1
866
1 8 7 ,2 5 3
3 ,7 4 4
6 2 8 ,8 7 7
3 3 9 ,0 2 4
9 3 ,5 7 7
1 3 0 ,2 7 9
1 1 2 ,1 6 8
4 9 ,6 5 7
6 1 ,8 9 2
1892.
1891
2 4 ,0 0 7
1 0 ,9 6 2
1 5 2 ,5 7 7
1 7 ,0 8 9
1 5 7 ,0 3 8
9 ,9 6 6
2 6 ,2 4 1
L8,027
2 9 ,5 4 7
1 4 ,2 5 4
10,9 81
5 ,2 3 3
1 7 ,9 5 9
3 ,2 9 5
11,1 81
1 ,7 9 4
871
1 6 3 ,2 2 9
3,5>i
3 ,4 7 4
7 ,5 3 0
3 6 2 ,8 0 2
8 ,0 0 0
1 5 ,4 3 5
1 2 ,2 1 0
—
6 8 0 ,1 4 3
4 0 7 ,1 0 9
T o t a ls ......... 3 6 ,9 7 7 6 ,9 2 2 ,7 4 2 33,082 | 6,7 49 ,3 9 8
* 1 ,8 5 2 b a les a d d e d as c o r r e c t io n o f r e c e ip t s s in ce S e p te m b e r 1.
In order that comparison may be made with other years, we
fiv e below the totals at leading ports for six seasons.________
R eceip ts at—
1892.
1891.
1890.
1889.
1888.
1887
G a lv ’s to n , A c
N j w O rlea n s
M o b ile ............
S a v a n n a h ...
C harl’ s t’n ,A c
W ilm ’ g t ’n ,A e
N o r fo lk ..........
W ’t P o i n t , A c
A ll o t h e r s ...
3 ,9 5 9
1 1 ,4 6 0
7 35
4 ,5 7 4
1,8 1 1
3 71
2 ,2 6 1
2 ,8 3 2
8 ,9 7 4
2 ,8 3 8
5 ,9 1 0
1 ,( 2 6
5 ,4 2 5
3 ,2 2 0
64
3 ,7 3 1
2 ,0 6 8
8 ,8 0 0
692
4 ,6 1 9
34
1,393
1 27
3
4 65
1 68
1 ,2 7 0
6 87
3 ,0 4 5
63
4 95
410
37
234
314
2 ,4 0 5
1 ,2 3 3
6 ,4 6 4
1 52
3 ,3 9 8
3 ,0 7 7
3 33
1 ,9 6 0
1,5 3 9
4 ,4 0 0
281
2 ,6 3 4
4 65
994
8 21
63
194
110
2 ,0 3 7
Z o k t h ls w e e k
3 6 ,9 7 7
3 3 ,0 8 2
8 ,7 7 6
7 ,6 9 0
2 2 ,5 5 6
7 ,5 9 9
S in ce S ept. 1. 6 9 2 2 ,7 4 2 6 7 4 9 ,3 9 8 5 7 5 2 .5 4 1 5 4 7 0 ,5 0 l| 5 3 6 7 ,3 U 5 1 7 5 ,8 8 7
The exports for the week ending this evening reach a total
o f 55,572 bales, of which 31,721 were to Great Britain, 7,353
to France and 16,493 to the rest o f the Continent. Below are
the exports for the week, and since September 1, 1891.
Export*
from—
Week Ending May 27.
From Sept. 1,1891, to May 27,1892
Exported to—
Exported to—
Great
Conti Total
Great
Conti
France nent. Week. Britain. France nent.
Total.
B rit’n.
G alveston.......
Velasco, A c....
6,600
New Orleans..
M obile.............
Savannah......
Brunswick ....
Charleston —
W ilm ington..
N orfolk...........
W est Point..
N’portNws, A>
New Y ork ...... 18,932
B oston...........
2,405
3,000
Baltim ore.......
Philadelp’a.Ac
784
T ota l............
31.721
T otal, 1890-91. 32.531
3,278
3,375
3,278
875
875
4,500 14,475
4,682
700
3,705
101
2,635
630,360 79,905
3,753
912,350 197,588
37,868
4,682 175,607 30,197
98.947 4,840
160,030 5,550
61,671
147,318 7,900
91,02»
21,937 5,272
23,337 452.695 34,612
2,505 244,573
5,635
99.411 7,611
784
18,736
97,349 807,614
34,378
38,126
615,607 2,025,545
37,86«
289.603 495,407
103,79«
179.282 344,862
52 902 114,573
36,8)4 192,112
16,6 '7 107,686
27,201
183,634 670,971
10,195 254.788
137.889 241.941
708
19,444
7,353 16.498 55,572 3,153,318 673,514 1,655.073 5,484.900
1,341 1 5.407 1 39.279 3.177,521 638.25511.748 153 5.463 929
N on e.
N one.
N on e.
N on e.
N on e.
N one.
300
N on e.
8 ,1 8 3
N on e.
300
N one.
N one.
N on e.
5 ,8 0 0
7 ,0 0 0
392
1 ,0 2 7
600
1,0 0 0
N on e,
3 ,2 0 0
N one.
N one.
1 4 ,5 7 4
1 ,0 2 7
900
1 ,0 0 0
N on e.
3 ,2 0 0
1 3 ,1 0 0
1 7 ,0 0 0
1 3 8 ,0 0 3
2 2 ,9 8 0
2 5 ,3 4 1
2 8 ,5 4 7
1 7 ,0 8 9
1 4 ,7 5 9
3 4 9 .7 0 2
3 2 ,9 2 1
2 2 ,9 9 9
300
2 1 ,2 8 3
6 ,2 1 9
5 0 .8 0 1
6 2 9 ,3 4 2
2 8 ,5 6 0
1 6 ,3 0 0
7 ,1 7 3
200
1 1 ,0 1 6
3 ,5 5 0
5 ,4 1 1
4 ,1 7 6
5 2 ,1 6 0 !
2 4 ,2 2 6 1
3 5 4 ,9 4 9
1 6 4 ,2 9 6
N ew O r le a n s ...
G a lv e s t o n .........
S a v a n n a h ..........
C h a r le s t o n .. . .
M o b ile ................
N o r fo lk ............. .
N ew Y o r k ..........
O ther p o r t s . . . .
5 ,9 9 9
N one.
N on e.
N one.
N one.
N one.
7 .0 0 0
1 0 ,0 0 0
T o t a l 1 8 9 2 .. .
T o ta l 1 8 9 1 .. .
T o ta l 1 8 9 0 .. .
The speculation in cotton for future delivery at this market
opened the week under review somewhat depressed in tone,
and except for a “ spurt” on Monday morning, which carried
August contracts to 7'51c., prices slowly but steadily gave
way. The cessation of excessive rains in the Valley of the
Mississippi and the partial abatement of floods were the chief
causes of the decline, but favorable ciop reports from other“
sections also had considerable influence. Some of the operat
ors for a decline, while admitting that the waters probably
will not recede in time to plant seme large areas of bottom
lands, yet contended that the loss to the next crop will be com
paratively small, and nearly made good by the better
situation in other sections. After the weather cleared up the
nights were much too cold for the favorable growth o f
the young plant. On Wednesday morning there was a pretty
smart recovery, in response to a decided advance in Liver
pool, but when it was ascertained that the rise in that market
was due to detailed reports from Texas and the Southwest
indicating greatly reduced acreage in those sections our prices
gradually receded. The experience of our operators for the
past ten months makes them very chary of accepting state
ments pointing to a reduced crop next season, but they may
carry this distrust too far. Yesterday afternoon a report that
the waters of the Lower Mississippi were yet rising caused a
recovery to the best figures of the day, but the close was dull.
To day a weak opening was followed by a slight advance, due
to a firmer market at Liverpool, which caused some of our
operators to lose confidence and cover their contracts; the close
however was barely steady. Cotton on the spot has been not
ably active for export, but offerings were free, and quotations
were on Wednesday reduced l-16c., which was recovered yes
terday. To-day the market was quiet at 1% for middling ;
uplands.
The total sales for forward delivery for the week are 525,200
bales. For immediate delivery the total sales foot up this week
8,573 bales, including 6,668 for export, 1,707 for consumption,
----- for speculation, and 200 on contract. Of the above — —
bales were to arrive. The following are the official quotations
for each day o f the past week—May 21 to May 27.
U PLAN D S.
M on T ues W ed
S a t.
O rd in a ry ............................
S trict O r d in a r y ...............
G o o d O r d in a r y ................
S trict G o o d O r d in a r y .. .
L o w M id d lin g ...................
S trict L o w M id d lin g ___ ________
M id d lin g .............................
G o o d M id d lin g .................
S trict G o o d M i d d l in g ...
M id d lin g F a ir ...................
F a i r .....................................
5
5%
6 I4
6 9ia
6 i° ie
73ie
73e
7**16
7 i* ie
8 1«
8*8
GULF.
S a t.
415,«
b*i6
6 '4 e
64
6*8
748
738
7*16
75g
7 1116
7 1o16 7 lü16 7*8
8*3
813
8*16
814,6
8 7a
8*8
5
53a
644
69ie
61»16
5
538
64
6?16
61&16
7316
738
Z1
ìi 6
M o il T u e s W e d
53s
5%
6®8
6 i ° ie
7^!6
7 91«
7\
84e
8 bt6
8*8
94
53g
538
5 3i
534
6^8
60s
6 1o16 64°i6
7 6 !«
7 ö16
7 9 ib
7 916
7h
7%
She
8*16
86 ft
8 He
8*#
8*8
914
9^4
O rd in a ry ............................
S tr ic t O r d in a r y ................
G o o d O r d in a r y .................
S trict G o o d O r d in a r y .. .
L o w M id d lin g ...................
S trict L o w M i d d l in g ....
M id d lin g .............................
G o o d M id d lin g .................
B iriot G o o d M id d lin g ...
M id d lin g F a ir ...................
F air .. ................................
S T A IN E D .
4)3
744
7*2
71116
8
84
813,6
9 46
F r i«
5
5*8
644
6 916
61°16
7 :4 e
73g
7 i ” ie
8 I4
8*8
5
53$
6*4
6 916
®1&
16
74.6
73g
711i6
7 1 '4 *
84s
8*8
Th.
F r i.
7 1116
538
538
5%
5%
66g
6»8
©l016 6 1oi «
7*16
7°16
7 916
7 916
7^
/
s it e
§h6
8°16
8 516
8*8
8*8
9*4
944
M on T ues W ed
sa t.
G o o d O r d in a r y ................ . . . y ib .
S tr io tG o o d O r d in a r y ...
L ow M id d lin g ..................
M id d lin g............................
55,6
5 14 ö
6916
6*8
T il.
5^8
6
6 t516
Th.
F r i.
44
443
443
403
5*8
6
6 1016
548
6
61*46
4 T16
5 !i6
51°16
6*8
54a
6
61°16
54g
6
6 i Bi8
M ARKET AND SALES.
SALES OP SPOT AND TRANSIT.
•
S atu rda y
M o n d a y ..
T uesd ay..
W ed’d a y .
T h u rsd a y
pr i d a y . . .
T o t a l . ..
SPOT MARKET
CLOSED.
Q u ie t ....................
Q u ie t ....................
E a s y .....................
S te a d y a t l i e do.
Q’ t A s t ’ y , i,a a d .
Q u i e t ....................
E x
p o r t.
C on - S pec- C on
su m p . u V t'n tract. Toted.
717
200
5 13
4 ,9 2 6
300
....
90
6 43
535
161
1 93
85
6 ,6 6 6
1 ,7 0 7
....
....
....
....
—
Sales o f
F u tu res.
....
....
—
817
913
1 ,1 4 8
5 ,0 8 7
493,
85
41,8 0©
1 3 0 ,1 0 0
7 6 ,9 0 0 '
1 0 5 ,9 0 0
84,50©
8 6 ,0 0 0
200
8 ,5 7 3
5 2 5 ,2 0 0 -
100
1 00
T he Sales and P rices of Futures are shown by th©
following comprehensive table:
THE CHRONICLE
Ma y 28, 1892. J
s
Q h jjß ü
S 'i l ® S*
E5
OO
B
s* C ®*<1
D
P O ’* B
•go S
B -P a
o> EH
m
S ; :3
» :
K ¡
>
Pi
M]
h
-
_ y
£*»2
® ai.0 g
5
*< O®
• <»©>■*
AO'
-si-4 5
w is ®
1-01 ^
1 « i 5:
M
-3 -3 0 -1
W W °M
C »-* 00
O
te
-4-4 ¡J
S
* ?P
©
« 2
Ql I D O
O
K !
C !
O
w
H
g
QHOQg Q h jooo 0 * 3 ® “
E'à® 8 ® o ü B g . 5“a g, p
ar
® ® ® p. ® o ® S' ® © ® 3
*®---- ET® ®
M t» -® ® P m- P ts-®'® S*
P „V ft
p»
p
) i M sf•o o *
*3 © \a « « S ?
~
E -^ K
r £ ,y
g E s
H
3 ! ko
s :’ »
» • D
O
g w
g: »
p ; >P! I
<8: i
o> •
*5
_ k> g
ô » * ï
Q i-X ib
p ©yB
F & S î®
OOO
© *•
C
O
te
-4-4 5
MM ®
<3© **
1Ö ’
-? i 0 -4
M ■*M
C
O
Of
>
-4-4 %
MM ®
M — —^ 00 Of H “
11
1sp r
1 tìP 1:
O
O
-4 -4 0 -3 *3^10<l
W W °M MW® M
C C C © O -4
OO O
te
te
-4-4 5
-3-3 5
-3© **
¡ 1 s . ' 5:
o>
-3 -3 0 -3
1 w w '-’ w
I G C 00
OO
!
te
-4-4 5
SJ*9£
s ' fes
S
Q S S P -i
g ä tp i
| 5 "s
® o ® ® ®S ®g
h C ® pu tr® ®
-* D
D ®
P ®- p P C^ $
*0 o H « H CfP<
O ë .s ^
g .»
P ;r g
P : sa
c : p
îï: h
®: h
g : to
p : to
P . 0>
ca . y
<a • w
®. I
* .: i
WHtO4
1» « :
03
-4 -4 0 -4
©WH**
1« p :
G
O
-4 -3 0 -4
WW’” ’ W
<J00 O
f
lü w ®
M© W^
1«P i
C
O
-4 -4 0 -4
if*o»
C WlU
O
<1<I
Z
H ® **
1 i» :
M
b*
NM? ^
© © **
1 « j!K
Of
-4 -4 0 -4
3© o»
3 Sii" 2.
g ©®
• «J O f
r®
<1-3 %
wcó ®
© w iu ’’
! s íp :
H
*
<i <i o <i
WW0 C
Ó
<10l9 03
te
-4-3
-4-4 %
WW ®
© © m ’’
i « p :
C
C
-4 -4 0 -4
rfèlU'-’ |ù
0 -3 D
O
>
-4-4 %
Hiù ®
05 0»H***
I® r:
I
fM
-4 -4 0 -4
lùoiC’ iù
-3 ^ 00
>
-4-4
Of O C
» D
Zì Of **
J
■
1« r ;
»-*
-4 -4 0 -4
© c i0 ©
OC C
: O D
WHH*1
« «p :
D
O
-3 -4 0 -3
Of
-4-3
■?«
00“
.,
co
t>
5
MH ^
i «p :
Of
-3 -3 0 -3
Of O ^ Of
f
za ^ co
>
-3-3 5
^ O
<3-3
03
%
O Of **
»
1© r:
C
O
-4 -4 0 -4
© -3 °©
03 za oc
© -4 -1
te
-4-4 ^ ^<1 ¡5 -4-3 5
-j-4 ® -3-4 ® -4-3 ®
»
**
r*00 ^ CB© ** M i- ** O
1« P i
I s i 5:
i «*»:
i « r :
Of
C
O
O
-4 -3 0 -4 -4 -4 0 -4 -4 -1 0 <1 -3 -3 0 -3
ccoo^cè -40Ô°-4 <|-3®-3 -3 0 b°-3
O
OO O
D D O COO 00 C C D 03 C 00
OO
>te
> -4-3 5■
>
-? ,
% -4-3 5 -4-4
ro 1 ®
óbcò ®
©
** -4 ® n i-i M S iu iu *
i «
:
1«P :
I «
:
i $ :
|M
|
<?
ta
-3 -3 0 -3
-4 -3 0 -4 -4 . ©-4
d
C C¿ ® C oo ’
û
O
occé®oc ûb ò '-’ o
O
03 D D D O H Of
OO O » a
H M C
*
te
te
*? i < -4-4 Z -? i Ç
C * ®
D
© 1 ®
*
1
—I- **
œ -j ^ ©
i s: :
i «
:
i «: :
i
00
<1
00 000^3 -4 , : I - 4 , 0 - 4
*? : :
© i ■
® C © 1• :
D
ô© °®
•
1 D
O
H Of
»
H
-fcO C 00
O
te
0000
oc OD 5
ó ó
®
O©
WW
HC *
» O
i »
I »
©
I
00
►
l i g i
OD© **
i « r i
O
-4 -4 0 -4
>
1 g
i I
P< K®
oo© 3
>
-3-3 < -3-3
MM ® MM »
O H H WM 4
i © :
1 «sr:
Of
-4 -4 0 -4 -4 -IC -4
Mt00 M M M °M
co
to ^ IO Of
>
ifÄiÜ < - ? S !d
MM ® MM ®
lUW ** <1 H “
I «p :
1 ® °°:
C
D
D
O
•3*30*3 -4 -4 0 -4
M W® M M W °W
O O 03 00 Of D
*
O
te
-4-4 5 -4-4 5
WW »
WW ®
WM *
— It- ^
1
1© r:
1« p :
C
D
Of
-4 -4 0 -4
I *?2 *?
toca
H — **
3
i « .» :
-4 -4 0 -4
-4 -4 ° -4
DD O
OO
te
-4-4
p © P^
te
-4-4 5
PH ®
© © **
i «
:
-4 -4 0 -3
m m '- ' m
t -© O
te
-3-3 5
MM ®
W O H li ® r¡
D
O
-3 -3 0 -3
M M °M
^ C D
O O
►
-4-3 £
WM ®
OOO H “
a
1« r :
üf
-3 -3 0 -3
w w °w
HD O
» O
-4-4
00
h* O H
>
% <l<l %
Of Of ®
©O *
1s p :
1« p :
lit
M
-4 -4 0 -4 -1-10*3
© © °©
© © °©
D tO O OH» 00
O
-4-4 > -3-4 >
¡J
¡J
M ® PftA
F P-Î
“!
®MHfc*l
g -to w o
D H **
O*
i © r:
IO
-3 -3 0 -3
ffi© °©
coco to
Of
o
to-
l^-W ®
C C Of **
OD
1©p:
<3-30-3
1Ü©Ö |
Ü
H H Of
- »
>
•
-4*4 ¡q
©lû^j®
i M'S*
-?*}© •?
Of Of Of
M
OD Ifs
.
•?■? 5"
©© ®
0 -3 H -*
1©P:
D
O
-4 -4 0 -4
© © *©
h
-^I D
O
>
*?-? 5
œ© ®
CG
DO
i ©P:
-4 -JO-4
-3-40 -4
0 -3 Of
-J-4
-4-4
5
®
1©P:
00
-4 -3 0 -4
( ¿ cd'-’ q
d
0 -4 (U
to-4-4 %
CQ ®
DD
CJ “
DD
I © r;
<1-30-3
© tD”5®
OO C
O
-4-4 ^
CC ®
DD
© © **
©© :
C
D
ooonooc
© ô °ô
C 03 O
o
>t; . W
“©y 8.
L 00®
*003
e<>
ô=
e
n
. tOt^p
?
3 ï?
«3® as
&s® 8
tet®2
S. s
»-«a s
g>*3Ö8 D
»*§'•*
«e S
X
te
-4-4 ¡a
MM ®
©M **
1© :
H
4
H , C -4 *
D 1^ D
O
O
-3
D
O
-4-4 <
W
CÓ ®
MM ’K ’
! © r:
§
-3
»
-3 -3 0 -3
w w °w
C C co
OO
te
-4-4 %
H-M ^ s
l © y:
C
D
«et
-4 -4 0 -4 #
lùiù'-’ iù
toco C
O
-4-4 £
ItoIÜ ®
-4-3“ *
< g
1©p:
£
D
O
-3 -3 0 -3
HlÙ0 iÙ
ODO 00
>
‘J i1 *
&
o»o» ® $
© iU 1
1©P:
03
-3 -3 0 -3
OfOf °O f
0 -3 Ü
f
-3-3
5
o
»
O
1 © y:
O
-3 -3 0 -3
© © *©
O -3 üf
*
te
-1-4
-4-1 ®
iu ie
**
1©P:
C
O
-4 -4 0 -4
-4 -4 °*4
üf üf
te
-4-4 ^
OO ®
DÒ
i ©P:
-3 -3 0 -3
0000 * 00
C«03 üf
J
W
il
i © :
O
C
-3 -3 0 -3
©© *®
lU© ©
te
oo , 5
Ò 1 ®
w
^
1 ©: :
©, : |
© 1•
tfi
8 1 1
1 89 2 .
1891.
1 ,6 8 9 ,0 0 0 1 ,2 1 6 ,0 0 0
9 ,0 0 0
1 7 ,0 0 0
1890.
9 8 6 ,0 0 0
1 1 ,0 0 0
1889.
8 5 6 ,0 0 0
1 6 ,0 0 0
T o t a l G r e a t B r ita in s t o c k . 1 ,6 9 8 ,0 0 0 1 ,2 3 3 ,0 0 0
S tock a t H a m b u r g .......................
3 ,8 0 0
4 ,8 0 0
S tock a t B r e m e n ............. ..
1 4 9 ,0 0 0
1 6 2 ,0 0 0
Stock a t A m s te rd a m ..................
2 7 ,0 0 0
2 1 ,0 0 0
S tock a t R o tt e r d a m .............
2 00
300
7 ,0 0 0
S tock a t A n t w e r p .........................
8 ,0 0 0
4 4 7 ,0 0 0
S tock a t H a v r e ..............................
2 5 0 ,0 0 0
9 ,0 0 0
S tock a t M a rs e ille s ......................
1 0 ,0 0 0
9 8 ,0 0 0
1 1 4 ,0 0 0
S tock a t B a r c e lo n a .....................
1 9 ,0 00
1 1,0 00
S tock a t G ,n o a ..............................
2 5 ,0 0 0
2 9 ,0 0 0
S tock a t T r i e s t e ............................
9 9 7 ,0 0 0
3 ,5 0 0
1 0 5 ,0 0 0
7 ,0 0 0
200
6 ,0 0 0
1 9 3 ,0 0 0
3 ,0 0 0
8 5 ,0 0 0
1 0 ,0 0 0
7 ,0 0 0
8 7 2 ,0 0 0
2 ,0 0 0
4 3 ,3 0 0
1 6 ,0 0 0
300
2 1 ,2 0 0
1 0 9 ,0 0 0
5 ,0 0 0
7 2 ,0 0 0
1 1 ,0 0 0
7 ,0 0 0
S tock a t L o n d o n .
T otal C o n tin e n ta l s t o c k s . . . . . .
7 8 5 ,0 0 0
6 1 0 ,1 0 0
4 1 9 ,7 0 0
2 8 6 ,8 0 0
T o ta l E u r o p e a n B tock s____2 ,4 8 3 ,0 0 0 1 ,8 4 3 ,1 0 0 1 ,4 1 6 ,7 0 0 1 ,1 5 8 ,8 0 0
In d ia c o t t o n a flo a t f o r E u r o p e .
2 8 6 ,0 0 0 2 1 3 ,0 0 0
2 9 8 ,0 0 0 2 7 9 ,0 0 0
A m e r .c o t t ’ n a flo a t f o r E u r o p e .
1 7 5 ,0 0 0 1 3 8 ,0 0 0
7 0 ,0 0 0 1 1 8 ,0 0 0
E g y p t,B r a z il,A c .,a fltfo r E ’ r ’p e
2 4 ,0 0 0
3 7 ,0 0 0
2 9 ,0 0 0
2 8 ,0 0 0
S tock in U n ited S tates p o r t s . .
6 8 0 ,1 4 3 4 0 7 ,1 0 9
1 8 8 ,5 2 2 2 9 7 ,6 4 8
S tock in U . 8. in t e r io r t o w n s ..
2 4 5 ,2 0 2 1 5 1 ,9 3 2
3 4 ,8 4 4
4 2 ,0 4 4
U n ited S ta te s e x p o r t s t o - d a y .
1 0 ,0 0 4
1 4 ,8 4 3
7 ,6 6 6
6 ,2 2 1
T o ta l v is ib le s u p p ly ............3 ,9 0 3 ,3 1 9 2,(=04,984 2 ,0 4 4 .7 3 2 1, 9 2 9 ,7 1 3
O f th e a b o v e , t h e t o ta ls o f A m e r ic a n a n d o t h e r d e s c r ip tio n s a re as fo llo w s :
L iv e rp o o l s to o k ............... b a le s . 1 ,4 6 4 ,0 0 0 9 3 3 ,0 0 0
C o n tin e n ta ls to o k s ....................... 6 1 1 ,0 0 0
4 4 7 ,0 0 0
A m e rica n a flo a t f o r E u r o p e .. .
1 7 5 ,0 0 0 1 3 8 ,0 0 0
U nited S tates s t o c k .....................
6 8 0 ,1 4 3
4 0 7 ,1 0 9
U nited S ta tes in t e r io r s t o o k s ..
2 4 5 ,2 0 2 1 5 1 ,9 3 2
U nited S ta tes e x p o r t s t o - d a y .
1 0 ,0 0 4
1 4 ,8 4 3
6 7 6 ,0 0 0
3 1 0 ,0 0 0
7 0 ,0 0 0
1 8 3 ,5 2 2
3 4 ,8 4 4
7 ,6 6 6
6 3 5 .0 0 0
1 0 9 .0 0 0
1 1 8 .0 0 0
2 9 7 ,6 4 8
4 2 ,0 4 4
6,221
T o ta l A m s r ic a n .....................3 ,1 8 5 ,3 4 9 2 ,1 4 1 ,8 8 4 1 ,2 8 7 ,0 3 2 1 ,2 0 7 ,9 1 3
B a st I n d ia n , B r a z il, <tc.—
L iv e r p o o l s to o k . . . . . .................
2 2 5 ,0 0 0
2 3 3 ,0 0 0 3 1 0 ,0 0 0 2 2 1 ,0 0 0
L on d on s t o c k .................
9 ,0 0 0
1 7 ,0 0 0
1 1 ,0 0 0
1 6 ,0 0 0
C o n t in e n t a ls t o o k s .....................
1 7 4 ,0 0 0
1 8 3 ,1 0 0 1 0 9 ,7 0 0 1 7 7 ,8 0 0
In d ia a flo a t f o r E u r o p e .............
2 8 6 ,0 0 0
2 1 3 ,0 0 0 2 9 8 ,0 0 0 2 7 9 ,0 0 0
E g y p t. B r a z il, A o ., a flo a t ..........
2 4 ,0 0 0
3 7 ,0 0 0
2 9 ,0 0 0
2 8 ,0 0 0
T o t a l E a s t I n d ia , A c ............ 7 1 8 .0 0 0
6 6 3 ,1 0 0 7 5 7 ,7 0 0 7 2 1 ,8 0 0
T o ta l A m e r ic a n ..................... 3 ,1 8 5 ,3 4 9 2 ,1 4 1 ,8 8 4 1 ,2 8 7 ,0 3 2 1 ,2 0 7 ,9 1 3
T o t a l v is ib le s u p p ly ............ 3 ,9 0 3 ,3 4 9 2 ,8 0 4 ,9 8 4 2 ,0 4 4 ,7 3 2 1 ,9 2 9 ,7 1 3
P rice M id . U p l . ,L i v e r p o o l . ...
4 L 8d.
43td.
66sd.
6d.
P rice M id . U p l., N e w Y o r k . . . .
7W
9 7s c.
12390 .
I I 1 ?,
«
jgg* The imports into Continental ports this week have been
110,000 bales.
The above figures indicate an increase in the cotton in sight
so-night of 1,098,385 bales as compared with the same date
of 1891, an increase of 1,858,817 bales as compared with the
corresponding date of 1890 and an increase o f 1,973,636 bales
is compared with 1889.
ss
O
A t t h e I n t e r i o r T o w n s the movement—that is the receipt*
for the week, and since September 1, the shipments for the
week and the stbeks to-night, and the same items for the
corresponding period o f 1890-91—is set out in detail in the
fob owing statement.
S"
H
3
•
‘i
g
»
»ö
s
y asfcQHW W
B © © E er » » s «
•
»
2
p ®®g ®©2
S’ ** 2 S^B
S e w ® ® CrSB * £ 2 s e
I ty&P B g-er ® %BáÍg5 g
yces o P ®
&P a B S S
O-T
I
P P “ 2 ¡je t
È ..
H ej m er- fT ^ »© •piSs8 H® E * „ - u w g.
iw
a
Ç3* fi f * ? #
® i
iiilJ W -& lg f-s
êssç£ g.►SH.
*
s
i.
O O® • !
y ^ .^ t*® - » g s r f l :• 8 •
p (3 •
®
». £ êr**x M
p s
o
. . 55. » »
® mi ® i
■
• • Qt Qo
B Dn
Vi
?
s
s
I 11-< t©■
—
OH
O*
O H ffi! m » C C C © H X 0 5 W i^CCv ]|^Ü’ CCÜ1I »Cl © ¡
í
© Ó Ó ' eneo© w w
w © c © kiií*© ► -e t-'©•
â
p
b
W
It-© H K H -a
W 'I K O í O P O
»-<1
O
s
©
bS<l
M
M
-3 ►
I©0^05l^l(^©Oi-3>-, WHif-<Xl©i-, O eiO W W W O © W < Jl^ .© © © © '^ l<»
<
V
ye <1 ooy»co ®
ec tt^© ao
w © c o © w to © w c > '3 0 'tv H © w c :ii^ « c o i* w e « t o -a w if* ts w © t5
§
a
3
M O O M H H O IS H
© © H 'w œ w i—w to te ©
03
o s i - © I I © ©#► © © © qdV , œ © oolo oc © V w a
■
w
toyH ©<
y*;
¡
W
;
i--ií*b5©‘-© o '© w cB C D W i-a tv t:iF -! a »-* © © ;
© » © O W O C .O W Ö i-W tS K O C H 'i' ec-JWM’
^
1
u
« i
05»
s «J:
D
< ! »■5. a
1 «O
C ÜI^OOMQO
co ai ^ co a.
Sí
I-J»
Í-*
^
^
M©Kl^W©lf^ 1
bSWWtSbS* K © © a © M i- © <!•
>
ri-K
3
1— © ©«C Oll—a Î - • ,© H W© W *0-3 tí © © W > ! # *— «4 © W W IS !
lo
— ► >lS .© b O M © l-© ^ © : MK>OCIÍ»-©l*-M©MfiC£!K
M <JtiAr©ac^h-i—■ © M M W O © © W ti© ffil—1 -3 © © -3 -3 © © ©
I ©
I 01
o ?v
.
¡S S
ts Si
H
I ©.
>
>
*
►
g
11 g 11 H 11 g
Ià
)
I §
I©
>
1 ®
11 ^
►
1
II
w
w©
;
0®M M H* ►
# 10 M M ils. M
*M*C MM
WI '
—
© M © l—00©* © M - 3 © C © © © © 0 © M © © © M ,
W ©-3I—©©©© M O C O O K -W W O W l^O SC© ©'
© -3 © © W 0 D © ® © © * -3 0 e © ©
;
y
y
*
KM
, W M i—© © © -3
• C© ©© ©©
SH
85
2
»
© © 01 © t* O M O © j í H M M M © M
D D
*
© © w*©V © © © © w © <ilo*©V w © # -© o« wl-*>-V O' < iqc o Mtt ©
The following exchanges have been made during the w eek:
*42 p d .
*52 pd.
*33 p d .
•04 p d .
*14 p d .
*03 p d .
*50 p d .
*02 p d .
*27 p d .
•07 p d .
•49 p d .
*09 p d .
Th e
OS p d . to ex eh . 3 0 0 J u n e f o r J u ly .
t o ex o h . 5 0 0 J u n e f o r N ov .
•32 p d . to e x o h . 1,0 0 0 J ’ ne fo r Oofc.
to ex o h . 1 00 J u n e fo r Dec.
•14 p d . to e x c h . 4 0 0 J u n e fo r A u g .
t o exoh. 5 0 0 J u n e fo r O ct.
to e x c h . 5 0 0 M ay fo r J u n e. ■22 pd. te e x o h . 2 0 0 J u n e f o r S e p t.
to ex oh . 1 ,1 0 0 J n e f o r A ug. •01 p d . te e x e b . 7 0 0 M a y f o r J u n e .
•08 pd. to ex e h . 2 0 0 J u n e fo r J u ly
t o e x c h . 4 0 0 M a y fo r J u n e
to e x c h . 1 ,0 0 0 J ’n e f o r D e c . •19 pd. t o ex e h . 1 0 0 N o v . fo r J a n .
to e x c h . 4 0 0 M ay fo r J u n e . •06 p d . t o e x o h . 7 0 0 J u n e f o r J u ly .
•13 pd. to e x c h . 2 0 0 J u n e fo r A u g .
to e x c h . 1 00 A u g . fo r N ov.
to e x c h . 1 ,6 0 0 J ’ ne fo r J u ly . K v e u p i . t o ex o h . 2 00 M a y fo r J ’n e .
to e x c h . 1 ,0 0 0 J ’n e fo r D e o . •29 p d . to ex o h . 4 0 0 N ov . fo r F e b .
•19 p d . t o e x c h , 5 0 0 J u n e f o r S e p t.
to e x c h . 1 0 0 D eo. fo r J a n .
V i s l b LiE s u p p l y o f C o t t o n to-mgnt, as made up by cabi®
a. i.ií^ ^ p i-H i-tíB K v iM C O o M i-o e 'ffiO 'O '.fri-i^ c sV .^ o ®
M O G M © i f - M 0 0 © © © © © * © W I —^ d f- © > -3 M I - O O s © - 3 © © W
#*W
©lu A .i-»0 —© M<JC W »31 -H © W MO • ; iU O © © W W ©
O
D
oc WM a o © © O M © s © © w —© I t í r 'í f * '? © . • 2 èï w. ~ ?- °5
* - i u © © i u œ © © « © M t t » j M w c © © < i i í # - 'i ' • o f f i M w e w i
u h ih h i; m h i
*•-® l o l-'<l ® *© Q M 1
D
o, I-I )U-3 © -■IWWQO!
a i - C - O l l - O O 'C .
i—;
©•
©!
—3
MM 3 * © m m
WOO,
© W M W «I-® M ® ® ¡
© > © © 0 - 3 W lU © © M I
t U - 3 © 0 W © © © lU ©
M© © © H M ©
©CX © © 01©-3
Is. ©oc «o-ex ©
U © O M© H ©
»
D
* L o u is v ille flga res “ n e t ” In b o th y e a rs ,
t T h is y e a r ’ s figu res e stim a te d .
The above totals snow that the interior stocks have decreased
and telegraph is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week’s returns, during the week 11,295 bales, and are to-night 93,270 bales
and consequently all the European figures are brought down more taan at the same period last year. The receipts at all the •
to Thursday evening. But to make the totals the complete towns have been 4,570 bales less than the same week last
figures for to-night (May 27j, we add the item of exports from year, and since Sept. 1 thsy are 127,235 bales more than for the
same time in 1890-91.
4he United States, including in it the exports of Friday only.
8Ö2
THE CHRONICLE.
fVoL. LTv,
Quotations fob Middling Cotton at Other Markets .—
W eather R eports by Telegraph .—Our telegraphic ad
Below we give closing quotations o f middling cotton at South - vices indicate that over a large portion o f the South the
em and other principal cotton markets for each day of the week.
temperature was too low early in the week, but latterly it has
turned more favorable. The precipitation has as a rule been
CLOSING QUOTATIONS FOR MIDDLING COTTON ON—
W eek e n d in g
light and in sections of Texas, Florida and Georgia rain would
Satur.
M on.
T hurs.
F ri.
W ednes.
lu e s .
be of benefit. The crop is making fairly good progress in de
G a lv eston ...
73la
7^8
7*8
73,6
73x6
73x6
velopment, but is backward in some localities. There have
New Orleans
7 3 i«
738
719
73ie
73x6
73le
M obile..........
7 i 16
been further breaks in the levees and more land overflowed,
71,6
7!X6
71x6
71x6.
7*16
S av an n ah ...
7
7
7
7
7
o f which mention is made on a succeeding page.
C harleston..
7*8
738
718
71s
718
7*8
Galveston, Texas.—There has been one light shower the past
W ilm ington.
6%
61316
7
7
7
6%
N orfolk........
week, the rainfall reaching two hundredths o f an inch. The
71
«
719
73e
739
7*8
718
B o sto n .........
739
739
739
73s
738 .
7 616
thermometer has averaged 68, ranging from 54 to 81.
B altim ore...
73 q
73s
7%
7%
7H
734
Palestine, Texas.—W e have had one light shower during
75 b
759
75s
75s
Philadelphia
769
758
the week, the precipitation reaching six hundredths of an
A u g u sta___
738
73i6®34
73x6
714
7316
7 316
M e m p h is....
73X6
73,6
7316
inch. The thermometer has ranged from 42 to 84, averag
73ie
7316
7316
8t. L o u i s ....
7 3 ,6
734
714
734
714
ing 63.
C in cin n ati..
73s
738
73&
739
738
738
Huntsville, Texas.—There has been no rain all the week.
L ou isv ille...
734
734
714
734
7Bl6
76X6
Average thermometer 64, highest 84 and lowest 44.
The closing quotations to-day (Friday) at other important
Dallas, Texas.—Young crops are doing well everywhere in
Southern markets were as follows:
the State, but in many sections would be benefitted by rain.
A t l a n t a ..... ... 7
65g Dry weather has prevailed here all the week. The thermom
Little R o c k . . . .
678
N ew berry....... .
Columbus, G a. 67r
678
M on tgom ery. .
R a le ig h ............
679
Columbus, Miss 638
N a sh v ille ....... . 7
S e lm a ...............
6% eter has averaged 66, the highest being 88 and the lowest 44.
B u f a t i l a ........ 61316 N a tc h e z ...........
San Antonio, Texas.—The weather has been dry all the669
615x8 S h re v e p o rt. . . .
R eceipts From the P lantations.—The following tab’ e week and rain is needed. The thermometer has averaged 72,
ranging from 50 to 94.
Indicates the actual movement each week from the plantations.
Lulling, Texas.—No rain has fallen the past week. Moisture
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly is needed. The thermometer has ranged from 50 to 98, aver
movement from the plantations o f that part of the crop which aging 74.
Columbia, Texas.—W e have had dry weather all the week.
finally reaches the market through the outports.
Average temperature 68, highest 88 and lowest 48.
Cuero, Texas.—Crops are good. No rain the past week.
Week
Receipts at the Ports. St’kat Interior Towns. Rec’pts from Planfns
The thermometer has averaged 71, the highest being 90 and
Ending—
1890. 1891. 1892. 1890. 1891. 1892. 1890. 1891. 1892.
the lowest 52.
A pr. 22...... 19,330 64,733 43,207 83,884 247,:-81 320,683 7,876 52,841 15,901
Brenham, Texas.—Crop3 look promising. W e have had
“
29....... 16,586 69,536 49,283 72,194 231,975 301,912 4,896 44,130 30,512 dry weather all the week. The thermometer ha3 averaged
May 6 ....... 16,408 44,772 50,870 61,591 211,869 283,018 5,808 24,666 31,976 67, ranging from 46 to 88.
* 13....... 11,505 62,519 50,127 45,684 187,744 264,971
,
28,394 32,080
Belton, Texas.—The crop condition is favorable. There
“
20...... 13.833 38,591 30,670 39,867 169,863 256,497 8,066 20,710 22.196
has been no rain this week. The thermometer has ranged
“ 27___
8,776 33.082 36,977 34,844 151,932 245,202 4,253 15.151 25,682
from 42 to 98, averaging 70.
W eatherford, Texas.—The outlook is promising. Dry
The above statement shows: 1.—That the total receipts from
the plantations since September 1,1891, are 7,112,015 bales; in weather has prevailed all the week. Average thermometer
65, highest 90 and lo west 40.
1890-91 were 6,886,760 bales; in 1889-90 were 5,773,826 bales.
New Orleans, Louisiana.—There has been no rain the past
2.—That, although the receipts at the outports the past week
were 36,977 bales, the actual movement from plantations was week. The thermometer has averaged 68.
only 25,682 bales, the balance being taken from the stocks at
Shreveport, Louisiana.—It has rained on one day of the
the interior towns. Last year the receipts from the plantations week, the precipitation reaching nine hundredths of an inch.
for the week were 15,151 bales and for 1890 they were The thermometer has averaged 63, ranging from 46 to 81.
4,253 bales.
Columbus, M ississippi.—There has been rain on two days o f
Overland Movement for the W eek and since Sept . 1.— the week, to the extent of sixty-four hundredths of an inch.
W e give below a statement showing the overland movement The thermometer has ranged from 45 to 91, averaging 60.
Leland, M ississippi.—Rainfall for the week seventy hun
for the week and since September 1. As the returns reach us
by telegraph late Friday night it is impossible to enter so dredths of an inch, on two days. Average thermometer 61*7,
largely into detail as in our regular monthly report, but all highest 78 and lowest 48.
Meridian, M ississippi—Too much rain and cool weather is
the principal matters of interest are given. This weekly
publication is of course supplementary to the more extended doing harm to young cotton. The thermometer has ranged
monthly statements. The results for the week ending May 27 from 46 to 82 during the week.
L ittle Bock, Arkansas.—The rivers are all receding rapidly,
and since Sept. 1 in the last two years are as follows:
and re-planting will begin at once if rains do not interfere.
W e have had rain on two days of the past week, the rainfall
1891-92.
1890-91.
reaching seventy-two hundredths of an inch. More rain is
M a y 27.
Since
S ince
threatened. The thermometer has averaged 62, the highest
W eek.
W eek.
Sept. 1.
Sept. 1.
being 83 and the lowest 45.
Shipped—
Helena, Arkansas.—Crops above the overflowed section are
V ia St. L ou is..................................
4,160 632,999 10,837 t634,755 doing excellently. Rain has fallen lightly on two days during
V i C airo........................................
1,181 340,937
1,888 290,831
V ia H annibal.................................
265 161,727
157
85,192 the week to the extent of sixty hundredths of an inch. The
V ia E vansville..............................
18
37,564
65
27,040 thermometer has averaged 62, ranging from 48 to 81.
V ia L ouisville............................
1,049 197,643
1,513 202,088
Memphis, Tennessee.—W e have had rain on three days, the
V ia C incinnati..............................
1,246 152,906
723 173,837
V ia other routes, &b....................
1,174 157,706
1,028 143,893 precipitation reaching one inch and fifty-four hundredths.
The early part of the week was too wet and cold, but latterly
T ota l £ toss ov erla n d ................
9,093 1,681,482 16,211 1,557,636 the weather has been clear and warmer. Stands are good but
D e d u c t sh ipm en ts—
the crop is backward. The river is thirty-three feet and six
Overland to N. Y ., B oston, & c..
7,291 337,784
8,135 353,996
B etw een interior t o w n s .............
158
60,617
617 109,869 tenths on the gauge and rising. The thermometer has ranged
Inland, &o., fro m S o u th .............
938
89,642
2,274 100,241 from 47*5 to 81*2, averaging 61*6.
Nashville, Tennessee.—Rain has fallen on two days of the
T otal to be dedu cted................
8,387 538,043 11,026 564,106
week to the extent of thirty-eight hundredths of an inch.
L eaving total net ov erla n d *..
Average thermometer 59, highest 80 and lowest 44.
706 1,143,439
5,185 993,530
Mobile, Alabama.—Crop reports are very favorable. W e
•Including m ovem ent by ra il to Canada,
i R evised.
The foregoing shows that the week’s net overland movement have had rain on one day of the week, the rainfall reaching
this year has been 706 bales, against 5,185 bales for the same two hundredths o f an inch. The thermometer has averaged
week in 1891, and that for the season to date the aggregate net 65, the highest being 82 and the lowest 50.
Montgomery, Alabama.—Rain has fallen on two days and
overland exhibits an increase over a year ago o f 149,909 bales.
the balance of the week has been dry. The weather was
rather cool up to yesterday when it turned much warmer.
1891-92.
1890-91.
I n S igh t a n d S p in n ers’
The rainfall reached two hundredths of an inch. The ther
T a k in g s.
S in ce
S ince
mometer has averaged 64, ranging from 53 to 75.
W eek.
W eek.
Sept. 1.
Sept. 1.
Selma, Alabama.—Telegram not received.
R eceipts at ports to M ay 2 7 ....... . 36,977 6,922,742 33,082 6,749,398
Auburn, Alabama.—Temperature on Saturday and Sunday
N et overland to M ay 27.................
706 1,143,439
5,185 993,530 was low for this season of the year. The week’s rainfall has
Southern consum ption to May 27
8,000 532,000
8,000 492,000
been ninety-three hundredths of an inch. Average thermom
T otal m ark eted ......................... 45,683 8,598,181 46,267 8,234,928 eter 63*5, highest 79 and lowest 47.
Interior Btocks in ex ce ss............... *11,295 189,273 * 17,931 137,362
Madison, Florida. —All crops are suffering from drought,
no rain having fallen during the week. The thermometer
Came in to sight during w eek . 34,388
28,336
T ota l in sight M ay 2 7 ..........
8,787,454
8,372,290 has averaged 69, the highest being 88 and the lowest 45.
Columbus, Georgia.—It has rained on one day of the week,
N orth’n spinners tak’gs to May 27
2,034,608
1,884,917 the precipitation reaching twenty-eight hundredths of an
• D ecrease during week.
inch. The thermometer has averaged 66, ranging from 53
. It will be seen by the above that there has come into sight to 80.
daring the week 34,388 bales, against 28,336 bales for the
Savannah, Georgia.—There has been rain on three days
same week of 1891, and that the increase in amount in sight the rainfall reaching fifty-five hundredths of an inch. Th&
to-night as compared with last year is 415,164 bales.
thermometer has ranged from 51 to 85, averaging 68.
THE
May 28, 1892.]
CHRONICLE.
Augusta, Georgia.—Crop accounts are good, but the ab
sence of rain is badly felt at some points in this section. There
has been light rain on two days of the past week to the extent
of seventy-three hundredths of an inch. Average thermome
ter 65, highest 83 and lowest 47.
Charleston, South Carolina.—W e have had rain on two
days of the week, the precipitation reaching sixty-four hun
dredths of an inch. The thermometer has averaged 69, the
highest being 83 and the lowest 53.
Stateburg, South Carolina.—Cotton is progressing well and
generally a good stand has been secured; fields are clean. We
have had rain on four days of the week, to the extent o f one
inch and sixty-five hundredths. The thermometer has averaged_63’8, ranging from 50 to 80.
W ilson, North Carolina.—There has been rain on two days
of the week, the rainfall reaching two inches and eighty-five
hundredths. The thermometer has ranged from 50 to 82,
averaging 66.
The following statement we have also received by telegraph
showing the height o f the rivers at the points named at 3
o’clock May 26, 1892, and May 28, 1891.
893
Manchester Market .—Our report received by cable to-night
from Manchester states that the market is firm for both yarns
and shirtings. The demand for cloth is good, but for yarns
poor. We give the prices for to-day below and leave those for
previous weeks of this and last year for comparison:
1892.
32« Cop.
Tw ist.
d.
Ap.22 6^4
• 29 63s
•
May 6 6 ^
“ 13 638
“ 20 6%
“ 27163s
d.
® 71
4
«7 3 8
« 7 7 lß
«7 3 s
«738
«7 1
*
1891.
8*4 lbs.
S h irtin gs.
s.
5
5
5
5
5
5
d. s.
0 «6
l 1«6
i
2 «6
l 1 «6
a
1Lj« 6
2 «6
Golt'n
M id . 32* Cop.
Twist.
TJplds
8*4 lbs.
S hirtings.
d.
d.
d.
d.
s. d.
4
3*8 7016^71116 5 1 1
3*8 714 «7 1 1 i 6 5 10
6
4
7
«7 6 g 5 10
6 1 31516 71« «7 89 5 10
«
6»a 4*16 71s «7 58 5 10
7
4116 7*8 «7 6 8 5 10
s. d.
«6 1 1
«6 1 0
« 6 10
« 6 10
« 6 10
« 6 10
Oott’n
M id .
U pldi
a.
434
4%
4131«,
4131«
41S1«,
4%
Our Cotton A creage R eport.—Our cotton acreage report
will probably be ready about the 8th of June. Parties
desiring the circular in quantities, with their business card
printed thereon, should send in their orders as soon as possible,,
M a y 26, ’92. M a y 28, ’ 91. to ensure early delivery.
F eet.
F eet.
H igh W ater and the L evees.—The past week has w it
N ew O rleans___
16-8
10-3
nessed a number of breaks in the levees along the Mississippi
M em phis............
33-5
110
N a sh v ille ...........
2-5
11:9
River and its tributaries, and the flooding of considerable
Shreveport.........
34-6
17-1
V icksburg...........
48-2
21-5
areas of farm land. On Friday last two breaks were reported
I ndia Cotton Movement from all ports .—The receipts along the Red River, one at W ood’s, in Caddo Parish, La., and
and shipments of cotton at Bombay have been as follows for the other at Adgeis, in Bossier Parish, and at W illow Chute
the week and year, bringing the figures down to May 26.
the bank was said to be caving in. Moreover, the Punch
BOMBAY RECEIPTS AND SHIPMENTS FOB FOUR T EARS.
Bowl levee, above Vidalia, Concordia Parish, was stated to be
Shipm ents th is w eek.
S hip m ents sin ce Sept. 1.
oozing badly. One of the most important crevasses of the
R eceipts.
Y ear G reat C on ti
season occurred on Saturday night, about ten o’clock, at TesG rea t
C onti
This
S ince
T otal.
B r it’n. n en t. Total. B r ita in n en t.
W eek. Sept. 1.
sier’s Plantation, in St. James Parish, La., nine miles by
’ 91-2 7.000 44.000 51.000 54.000 647.000 701.000 69.000 1.402.000 river, below the Nita break of 1890, and on Monday had
’ 90-1 10,000 26.000 36.000 88.000 741.000 829.000 54.000 1.754.000
’ 9-90 15,000 44.000 59.000 306.000 970.000 1.276.000 67.000 1,9 0,000 reached a width of one hundred feet. It is believed, h ow ever,.
88-9 8.000 40.000 48.000 344.000 808.000 1.152.000 55.000 1.654.000
that the break can be closed without great difficulty. On
According to the foregoing Bombay appears to show Sunday three crevasses occurred along the Red River, two in
an increase compared with last year in the week’s receipts of Caddo Parish and one in Brossier. The following day the
15,000 bales and an increase in the shipments of 15,000 bales, and Nicholson levee, nearly opposite Shreveport, gave way. On
the shipments since Sept. 1 show a decrease of 128,000 bales.
The movement at Calcutta, Madras, and other India ports f oi Wednesday, May 25, a crevasse occurred at Craig’s Landing*.
che last reported week and since the 1st of September, for two Ark., and threatens the fertile region known as the Tensas
years, has been as follows. “ Other ports” cover Ceylon, Basin, as well as considerable portions of the river parishes of
Tuticorin, Kurrachee and Coconada.
East Carroll,JMadison, Tensas and probably Concordia. The
S hipm ents f o r the w eek.
Shipm ents sin ce Sept. 1.
break is over 150 feet wide and eight feet deep.
While the above comprises the breaks reported up to this
G reat
C on ti
G reat
Total.
B rita in .
Total.
n en t.
B rita in . C ontinent.
evening it does not fully reveal the situation. In fact, nearly
C alcutta—
the entire Red River Valley above Shreveport is under water,
1891-92...
8,000
28,000
36,000 and along the rivers in Arkansas much cotton land is sub
18 90-91...
1,000
1,000
11,000
38,000
49j00C
Madras—
merged. Altogether the lateness of the overflow this year is
1891 92 ..
......
17,000
12,000
29,000
1890-91...
18,000
14,000
3 2 ,0 0 0 bound to tell on the planting interest seriously, as by the time
A ll others—
the water is off it will in most cases be too late to put in crops*.
18 91-92...
1,000
7,000
8,000
28,000
56,000
84,000
1890-91...
2,000
4,000
6,000
33,000
57,000
90,000
J ute B utts, B agging , & c.—Transactions in bagging for
current delivery the past week have been light, but good-sized
T otal all—
1891-92...
1,000
7,000
8,000
53,000
96,000
149,000 orders for future shipment have been placed. Quotations are
1890-91...
3,000
4,000
7,000
62,000
109,000
171,000 firmly maintained at 63^c. for
lbs., 7c. for 2 lbs. and 7%c.
The above totals for the week show that the movement from for standard grades. Jute butts have been quiet at 2c. for
the ports other than Bombay is 1,000 bales more than the same paper grades and 2% g. for bagging quality.
Exports of Cotton G oods from G reat B ritain .—Below
week last year. For the whole of India, therefore, the total
shipments since September 1,1891, and for the corresponding we give the exports of cotton yarn, goods, See., from Great
Britain for the month o f April and since October 1 in
periods of the two previous years, are as follows:
1891-92 and 1890-91, as compiled by us from the British Board
EXPORTS TO EUROPE FROM ALL IN D IA.
of Trade returns. It will be noticed that we have reduced
1891-92.
1890-91.
1889-90.
the movement all to pounds.
S hipm ents
to a il E u r o p e
fr o m —
T h is
w eek.
S in ce
Sept. 1.
T h is
w eek .
S in ce
Sept. 1.
This
w eek .
Since
Sept. 1.
B om b ay...........
A ll other ports.
51,000
8,000
701.000
149.000
36,000
7,000
829.000
171.000
59.000 1,276.000
15.000 252,000
T o ta l..........
59,000
850,000
43,000 1,000,000
74,000 1,528,000
YarnàTbread.
A lexandria R eceipts and Shipments.—
-Through arrange'
ments we have made with Messrs. Davies, Benacni & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for tbe
corresponding week o f the previous two years.
A le x a n d r ia , E g yp t,
M a y 25.
1891-92.
1890-91.
1889-90.
6,000
4,636,000
1,000
4,001,000
T h is
S in c e
w eek . Sept. 1.
Since
T h is
w eek . Sept. 1.
E xports (bales)—
To L iv e r p o o l............
To C ontinent......... ..
2,000 314.000
3,000 235.000
1,000 274.000
2,000 218.000
1,000 257.000
2,000 152.000
T ota l E u r o p e ......
5,000 549,000
3,000 492,000
3,000 409,000
Yds.
Lbs.
Lbs.
449,484 84,772 85,291
394,910 76,826 74,935
455,396 80,944 86.41S
Lbs.
108,050
97,938
101,094
Lbs.
109,856
97.97T
109,061
T ot.lst quar. 64,540 70,255 1,261,224 1,299,790 242,542 246,639
307,082
316,894
412,552 77,203 78,722
423,178 84,738 80,750
428,798 85,800 81,831
98,194
108,304
109,786
98,764
108,491
104,010
October.......
N ovem ber...
D ecem ber...
Lbs.
Lbs.
23,278 24,565
21,112 23,042
20,150 22,648
Janaary....... 20,991 20,042
February.... 23,566 22,741
M arch.......... 23,986 22,182
Yds.
440,sir
399,49(5
420,912
403,774
443,181
448,751
Tot. 2d quar. 68,543 64,965 1,295,706 1,264.528 247,741 241,303
316,284
306,268
Total 6 m os. 133,083 135,220 2,556,930 2,564,318 490,283 487,942
623,366
623,162
373,40V 895.714 71,396 75,518
91,415
98,281'
1,049
18,888
1,009
13,750
729.698
736,202
April.............
R eceipts (cantars*). . . .
This w e e k ....
Since Sept. 1.
* A c a n t a r 1b 9 8 p o u n d s .
This statement shows that the receipts for the week ending
May 25 were 6,000 cantars and the shipments to all Europe
5,000 bales.
lo ta l o f AH
1891-92 1890-91 1891-92. 1890-91. 1891-92 1890-91 1891-92. 1890-91.
2,000
3,150,000
T h is
S in ce
w eek. Sept. 1.
Cloth.
000* omitted
20,019 22,763
T otal exports o f cotton manufactures...........................
The foregoing shows that there has been exported from the
United Kingdom during the seven months 729,693,000 lbs. of
manufactured cotton, against 736,202,000 lbs. last year, or a
decrease of 6,504,000 lbs.
A further matter o f interest is the destination o f these
exports, and we have therefore prepared the following
statements, showing the amounts taken by the principal
countries during April and since October 1 in each o f the
last three years:
THE
894
CHRONICLE
»OXPOBTS OF PIECE G'.IODS AND YARNS TO PRINCIPAL COUNTRIES I »
APRIL, AND FROM OCTOBER 1 TO A PRIL 3 0 .
[V O L , L I V ,
Cotton freights the past week have been as follows:
1892.
E a st In d ie s .............................. 102,401
T u rk e y , E g y p t an d A fr ic a ...
50.094
C h in a a nd J a p a n ....................... 47,800
E u ro p e (e x c e p t T u r k e y )......... 20.425
-S ou th A m e r ic a ................... .
46.400
N o rth A m e r i c a ......................... 21, y62
A ll o th e r c o u n t r ie s . . . . . ....... 24.959
1891.
Tues.
M on .
1 S a tur.
W ednes. T h urs.
Oct. 1 to April 30.
April.
Piece Goods.
(000s omitted.)
1891-92.
189Ò.
1890-91. 1889-90.
169.398 180.854 1.296,578 1.263.680 1,277,506
67,989 70,720 420,947 428,594 302,066
41.303 47,612 383.070 370,698 844,088
81.681 31,860 180,662 212.891 215,557
35,538 35,108 295.823 294,594 277.685
22,04« 23.537 181,560 104.590 196,850
27,556 21,808 162,601 185,989 170.370
T o ta l y a r d s ........................... 873,401 395.714 411,499 2.930,331 2.960.031 2,875,567
T o t a l v a lu e ........................... £8,718 £4,290 £4,247 £30,205 £32,133 £29,846
F r i.
L iv e r p o o l, stea m d. 764' 15i 28
764
764
*8
76i
*8
....
....
....
Do
b i d .. .<*.>
••••
••••
332
H a vre , s t e a m .. .d . 76 4 ® 18 764®*8 761®*8 764®*8 764® 'S
....
....
....
____
....
Do
............ .<*.!
B rem en , s te a m .
»64
964
964
964
964
964
....
....
....
D o in d ire ct. .<1.
....
....
H a m b u rg ,ste a m .d . ! b32
532
532
532
5.<2
632
....
....
....
Do
.........
....
....
30*
30*
A m st’ d ’ m , steam , d.
30*
30*
30'
30‘
....
....
....
....
I n d i r e c t .......... .d.\
....
R eva l, s t e a m ... -d . **64® *4 **64® *4 **64® *4 **64® *4 **64® *4 **61® *4
....
....
Do
............... .d . 1 . . . .
:...
B a rce lo n a ,ste a m et.
^
*S64
*364
*S64
*®64
*364
G e n o a , s te a m .. .d . 316®1364
316
S16
S16
S16
316
T rieste, s t e a m .. .d 732®1764 732®*764 ?32®A764 73 2 ® 1764 73 2 ® * 764 7S2® *764
A n tw erp , s te a m , d .
*8
*8
*6
*e
*8
*8
*
p e r 1 0 0 lb s .
....
....
....
Tarns.
(000s omitted.)
G e r m a n y ......................................
■Oth. E u rop e (e x c e p t T u rk ey)
2,713
2.408
s.tes
C h ina a n d J a p a n .......................
T u rk e y a n d E g y p t....................
A ll o th e r c o u n tr ie s ...................
2.974
2.728
8,043
1,100
T ota l v a lu e ..........................
18.724
£765
2,804
3.027
4.88»
4,670
1.752
3,781
729
19.866
16.381
31,522
2X.447
17,913
21.534
7,420
18,775
19,898
34,311
30,519
15.741
21,280
7,5208
21,814
21,182
83,207
28,7 ’ 5
21.905
16,797
5,941
21,054 21.692
£980 £1.026
143,083
£6,146
147.727
£7.058
149,551
£7.099
2,687
2.701
5.238
4,271
1.678
8,600
884
L i v e r p o o l . —By cable from Liverpool we have the follow ing
T he F ollowing are the C ross R eceipts op Cotton aj;
New York, Boston, Philadelphia and Baltimore for the paßt statement o f the week’ s sales, stocks, & c., at that port:
week, and since September 1, 1891.
M a y 6.
Ne w Y o r k .
Receipti
from —
N. O rlea n s.
Savannah.
• M obile—
F lo r id a .......
S o . C a ro l’ a.
N o .C a r o l’ a.
V i r g i n i a .. .
N o rth n p ts
T e n n ., A c ..
F o r e i g n ....
B oston.
This
S ince
week. Sept. 1.
Since
This
week. S e p t .l.
2,072
2.188
5,563
1,485
......
812
828
350
412,582
315,047
209,462
6,197
5,126
121,063
31,137
146,156
66
87,319
18,719
814
P h i l a d e l p h ’a
Ba l t i m o r e .
Since
This
This
w eek. S ep t. 1 . week.
79,449
39
Since
Sept. !
93,977
6,233
....
49
4,030
3,576
100
49,784
398,404
128,729
4,813
845
1,203
8,811
8,414
77,736
2,682
1,939
079
147,911
87,037
T h is y ea r
12,798 1,442,874
9,469
661,179
2,087
101,194
4,621
329,604
•Last y e a r ..
27.671 1,814,181
7,107
574,412
2,283
85,689
4,875
Sales o f t h e w e e k ............. bales.
O f w h ic h e x p o r te r s t o o k . . . .
O f w h ic h s p e cu la to rs t o o k ..
Sales A m e r ic a n ................. ...........
A ctu a l e x p o r t ................................
T otal s to c k —E s tim a te d ............
O f w h ic h A m e r ic a n —E stim ’ d
T o ta l im p o r t o f th e w e e k ..........
O f w h ic h A m e r ic a n .................
A m o u n t a flo a t..............................
O f w h ic h A m e r ic a n .................
M a y 13.
M a y 20.
M a y 27.
4 5 .0 0 0
5 1 .0 0 0
3 5 .0 0 0
6 7 .0 0 0
2 ,7 0 0
3 .7 0 0
2 ,1 0 0
2 ,7 0 0
5 .7 0 0
2 ,1 0 0
5 ,5 0 0
6 ,5 0 0
2 8 .0 0 0
3 2 .0 0 0
5 6 .0 0 0
4 4 .0 0 0
5 ,0 0 0
6 ,0 0 0
8,000
10.000
4 1 .0 0 0
5 6 .0 0 0
4 7 .0 0 0
6 1 ,0 0 0
1 .7 2 9 .0 0 0 1 .7 1 1 .0 0 0 1 .7 0 1 .0 0 0 1 .6 8 9 .0 0 0
1 .4 9 1 .0 0 0 1 .4 7 7 .0 0 0 1 .4 7 7 .0 0 0 1 .4 6 4 .0 0 0
4 6 .0 0 0
4 4 .0 0 0
4 5 .0 0 0
5 8 .0 0 0
3 4 .0 0 0
4 2 .0 0 0
3 3 .0 0 0
4 2 .0 0 0
8 0 .0 0 0
1 0 0 ,0 0 0
8 5 .0 0 0
6 5 .0 0 0
8 0 .0 0 0
6 5 .0 0 0
6 0 ,0 0 0
4 5 .0 0 0
The tone of the Liverpool market tor spots and futures each
day o f the week ending May 2?, and the daily closing prices
of spot cotton, have been as follows:
240,611
S h ip p in g N e w
s .—
T h e e x p o rts o f co tto n fr o m
t h e U n it* d
'S t a t e s t h e p a s t w e e k , a s p e r l a t e s t m a i l r e t u r n s , h a v e r e a c h * d
•<14,150 b a l e s .
S a tu rd a y M on d a y. T u esd a y.
Spot.
M a rket, Ì
1:45 p. M. $
Firm.
t h e C h r o n ic l e la s t F r id a y .
a n d p u b l i s h e d i>
W ith re g a rd to N ew Y o r k w e
in c lu d e t h e m a n ife s t s o f a ll v e s s e ls c le a r e d u p t o T h u r s d a y .
T ota l b a le.
N e w Y o r k —T o L iv e r p o o l, p e r ste a m e rs A lsa tia , 1 , 3 1 5 . ...
A rch im e d e s, l ,6 2 9 .._ .C o l o n i a , 1 ,5 8 5 ....G r e e c e , 2 . 6 6 4 . . . .
R u n ic, 2 ,6 4 8 . ...S t . E n och , 2 ,5 4 8 ....W is c o n s in , 7 2 2 ............ 1 3 ,1 1 1
T o H u ll, p e r stea m ers E d en d a le, 1 ,4 0 4 . ...H in d o o , 2 , 0 1 2 . . . .
N ew Y o r k C ity , 6 7 0 ..........................................................................
4 ,0 8 6
T o L o n d o n , p e r steam ers M oh aw k , 1 ,4 0 9 ___ R ic h m o n d H ill,
3 2 6 ............... ............................................................................................
1 ,7 3 5
T o H a v re , p e r stea m er L a G a scog n e, 7 0 0 ............................ .
700
T o B rem en , p e r stea m er M u enohen, 1 ,7 5 5 ...................................
1 ,7 5 5
T o H a m b u rg, p e r stea m er S u evia , 5 5 0 ........................................... ' 5 5 0
T o A n tw e rp , p e r stea m er F riesla n d , 1 , 0 0 0 . . . ........ ....................
1 ,000
T o B arcelon a , p e r stea m er N eustria, 2 0 0 . . . . . . . . . . . . . . . . . . . . .
200
T o O p o r to , p e r ha rk J u liu s, 2 0 0 ............. .........................................
2 00
N e w O r l e a n s —T o L iv e r p o o l, p e r s te a m e rs D a rien , 6 , 6 5 0 . . . .
In v e n to r , 4 ,1 0 0 ___O rion , 6 ,6 8 2 ____Y u ca ta n , 4 ,8 5 4 .............. 2 2 ,2 8 6
T o H a m b u rg, p e r steam ers In ch isla , 5 9 1 ....L a v e r n o e k ,
1 0 8 8 . . . . T eu ton ia , 2 5 0 . . . . .....................j . .....................................
1 ,9 2 9
C h a r l e s t o n —T o B a r ce lo n a , p e r b a r k G a leota , 1 ,5 0 0 ........... ........
1 ,5 0 0
3 ,3 0 0
N o r f o l k —T o L iv e r p o o l, p er stea m er In oh d u n e, 3 ,3 0 0 .................
T o B rem en , p e r stea m er W m . B ra n fo o t, 5 ,2 1 6 .................. .........
5 ,2 1 6
B o st o n —T o L iv e r p o o l, p e r stea m ers G eorg ia n , 1 ,2 1 4 ...... O tto
m a n , 4 8 ...S a m a r ia , 1 1 2 ....V ir g in ia n , 1 ,3 4 0 ............. _
2 ,7 1 4
B a l t im o r e —T o L iv e r p o o l, p e r stea m ers B a ltim o r e , 1 7 7 ........
C aspian , 7 1 1 . ................................................................................
888
T o B rem en , p e r stea m er W eim ar, 2 ,1 5 7 .........................................
2 ,1 5 7
T o H a m b u rg , p e r stea m er V irg in ia , 5 7 3 ........................................
5 73
T o R o tte rd a m , p e r stea m er E d am , 2 5 0 .............. . . . .....................
2 50
Total,
.. 6 4 ,1 5 0
The particulars of these shipments, arranged
form , are as follows:
H u ll
B rem en
L iv e r <t L on < H am £
p ool.
d on . H a vre, b u rg.
N ew Y o r k . 1 3 ,1 1 1 5 ,821
7 0 0 2 ,3 0 5
N . O rlean s. 2 2 ,2 8 6 .........
. . . . . . 1 ,9 2 9
C harleston.
N o r fo lk ___
3 ,3 0 0
5 ,2 1 6
B oston . . . .
2 ,7 1 4
B a lt im o r e .
8fc8
2,730
T o t a l . . . . 4 2 .2 9 9
5 ,8 2 1
7 0 0 1 2 ,1 8 0
4*16
4*16
4 * i«
4*16
Speo. & e x p .
7 ,0 0 0
500
1 2 ,0 0 0
2 ,0 0 0
8 ,0 0 0
1 ,0 0 0
1 2 ,0 0 0
1 ,0 0 0
200
1 ,7 0 0
64 150
Below we add the clearauoes this week o f vessels carry ng
cotton from United States ports, bringing our data down to
the latest dates:
G a l v e s t o n — T o H a v r e —M a y 2 6 —S tea m er A m e th y st, 3 ,2 7 8 .
N e w O r l e a n s —T o L i v e r p o o l - M a y 2 3 —S tea m er E x p lo r e r , 4 , 0 0 0 . . . .
M a y 2 5 - S tea m er C ou n sellor, 2 0 0
M a y 2 6 —S tea m er R e d Sea,
2 ,4 ( 0 .
•
T o H a v r e - M a y 2 1 -S t e a m e r B essel, 3 ,3 7 5 .
T o B r e m e n -M a y 2 1 - S team er C rane, 4 .5 0 0 .
S avannah—T o G e n o a —M a y 2 1 —S tea m er P a w n ee, 4 ,6 8 2 .
B oston—T o i J v e rp o o l - M ay 2 0 —Steam ers C ep halon ia, 7 3 . . . . M a y 2 3 —
S tea m er B om a n . 1 ,1 2 2 . .. M a y 2 4 —S tea m er C olu m b ia n , 1 ,2 1 0.
T o H a l ) f a x - H a y 2 1 - S tea m er H a lifa x , 100 .
T o Y a r m o u t h -M a y 2 3 —S team er B o sto n , 1
B altimore —T o L iv e r p o o l— M ay 2 0 —S tea m er R ossm ore, 3 ,0 0 0 .
T o B re m e n —M ay 2 5 - S team er G era, 1,7 3 2.
T o H a m b u r g -M a y 2 0 - S t e a m e r R u ssia , 3 5 0 .
T o A n t w e r p - M a y 1 8 -S t e a m e r O tra n to, 553 .
P hiladelphia —T o L iv e r p o o l—M a y 2 4 —S tea m er B ritish P rin c e , 784 .
Firm .
H a rd e n ’ g
4*16
4*16
1 2 ,0 0 0
1 ,0 0 0
1 0 ,0 0 0
1 ,0 0 0
F u tu res.
S te a d y at Steady at S teady at E a sy at O pen ed at S tead y a t
M a rket, \ 1-64 a d
2-64 a d
partially 1 -64 @ 2-64 1-64 @ 2-64 2-64 ad
1:45 F. M. j
van ce.
van ce.
1-64 dee.
d e c lin e .
d e clin e .
van ce.
M a r k e t , ? Irregular.
4 P. M. J
S tead y .
Q uiet.
E a sy.
B arely
ste a d y .
S tea d y .
The opening, highest, lowest and closing prices o f futures at
Liverpool for each day are given below. Prices are on the
basis of Uplands, Low Middling clause, unless otherwise stated :
g r The p rice s a re g iv en in p en ce a n d 6 4 th.
3 6 3 -6 4 d „ a n d 4 0 1 m ea n s 4 1-6 4d .
S a t ., M a y 2 1 .
M o n ., M a y 2 3 .
T h u s:
3 63 m ea n s
T u e s ., M a y 2 4 .
Open High Low. Olos. Open High Low. Clos. Open High Low. Olos.
d.
M ay............
M a y -J u n e ..
Ju n e-Ju ly...
J u ly -A u g ...
A u g .-S e p t ..
S eptem ber..
8 e p t .-O c t ...
O c t.-N o v ....
N o v .-D e e ...
D e c.-J a n ....
Jan .-Feh . . .
d.
d.
d.
d.
d.
d.
d.
4 02
4 02
4 03
4 05
4 07
410
410
412
4 14
416
4 02
4 02
4 03
4 06
4 08
4 jO
l
410
4 12
414
417
4 02
4 02
4 03
4 05
4 07
4 10
410
4 12
4 14
416
4 02
4 02
4 03
4 03
4 08
410
410
412
414
4 17
4 03
4 03
4 04
4 06
4 08
410
410
4 13
4 15
4 17
4 03
4 03
4 05
4 07
4 09
4 11
411
4 14
4 16
4 18
4 03
4 03
4 04
4 00
4 08
410
410
4 13
4 15
417
4 03
4 03
5 05
4 07
4 09
411
411
4 14
416
4 18
d.
d.
4 02 4 02
4 02 4 02
4 03 4 04
4 06 4 00
4 08 4 08
410 410
410 410
4 12 4 1 2
4 14 4 1 5
4 1 6 417
d.
4 02
4 02
4 03
4 05
4 07
4 09
4 09
412
4 14
410
a.
402
4 02
4 03
406
408
410
4 10
412
4 15
41«
ir u su •j
A n lB a rce
w erp. Oporto. lon a .
Total.
1 ,0 0 0
200
2 0 0 2 3 ,3 3 7
2 4 ,2 1 5
.........................
i",500
1 ,5 0 0
8 ,5 1 6
2 ,7 1 4
250
3 ,8 6 8
1 ,2 5 0
Q u iet h u t
F u lly
G ood
m ain t’ned stea d y.
dem an d .
M id .U p l’ d s .
S o f a r a s t h e S o u t h e r n p o r t s a r e c o n c e r n e d , thee*
a re th e s a m e e x p o r ts r e p o r te d b y t e le g r a p h
W ednes. Thursday. F rid a y .
W e d ., M a y 2 5 .
T h u r s ., M a y 2 6 .
F r l., M a y 2 ? .
Open High Low. Olos. Open High Low. Olos. Open High Low. Olos.
d.
M ay..............
M a y -J u n e ..
Ju n e-Ju ly...
J u ly -A u g ...
A u g .-S e p t .
S eptem ber..
S e p t.-O c t...
O c t.-N o v ....
N o v .-D e e ...
D e c.-J a n ....
J a n .- F e b . . .
d.
d.
d.
3 68
3 63
4 01
4 03
4 05
4 07
4 07
410
412
4 14
400
400
4 01
4 04
4 06
4 08
4 08
410
412
4 14
3 62
3 62
4 00
4 02
4 04
4 06
406
4 09
411
413
3 63
8 63
4 00
4 03
4 06
4 07
4 07
4 09
4 11
414
d.
d.
d.
4 01 4 02 4 00
4 01 4 02 4 00
4 02 4 03 4 01
4 05 4 05 4 01
4 07 4 08 4 06
4 09 4 10 4 03
4 09 4 1 0 4 08
4 11 4 1 2 4 1 0
4 1 4 4 14 4 1 2
410 416 414
d.
d.
d.
d.
4 01
4 01
4 02
4 04
4 06
4 08
4 03
410
412
4 15
4 02
4 02
4 03
4 06
4 08
4 10
410
4 12
414
417
4 03
4 03
4 Oi
4 06
408
411
4 11
413
415
417
4 02
4 02
4 03
4 06
4 08
410
410
4 12
4 14
417-
d.
4 03
4 03
4 04
4 06
4 OS
4 11
4 11
413
415
4 If
B R E A D S T U F F S.
F riday , May 27, 1892.
The market for wheat flour has been inactive except iu
special brands at lower prices. In the course of Wednesday
and Thursday several thousand barrels of the products o f
city mills sold with the prices of the leading shipping grade
THE CH RONICLE
Ma t 23, 1882. J
895
reduced to $4 2o@4 40, a decrease of 89® 50c. per bbl. in ashort for the month of April in 1892 and in 1891, and for ten
time. The lower grades at $8 and under have been dull and months of the fiscal year 1891-92.
the values of, choice patents have been barely maintained.
To-day th< market was quiet throughout, but prices ruled
Avrü.
1891-92.
about steady.
Breadstuffs
1892.
1891.
Ten Months.
Exports.
The wheat market has been much less active, whether in
speculative business for future delivery or in regular trade
Quantities Value. Quantities Value. Quantities
Value.
for export or local milling, and prices reflect more or le3s de
Barley, bush.
*
t
$
pression. Better weather in the West and the partial abate le w Y o rk ....... .
16,800
31,031
101,695
126,949
708.220
443,660B oston ..................
20,195
15,214
ment of floods in Northern latitudes have deprived specula P h iladelph ia.......
2
3
tive values of the support which they received from the im la lttm o re............
26,785
21,237
sTew
pairment of prospects for the next crop, while the slower Pac. O rlea n s....... 281,545 150,797
48,253 1,942.512 1,215,657
67,002
cu st. dists.*
16,738
movement for export and fairly liberal current supplies, to O ther cu s. d is ts.t
11,718
gether with weaker cable advices, have weakened prices for Total, b a rle y ....... 312,576 167,597 258,697 175,202 2,714,482 1,707,195
Corn, bush.
prompt delivery. To-day there was no decided change in
'few Y r k ............
futures, but a steadier tone prevailed, and spot wheat was B o sto no.................. 1,451,964 764,480 352,08* 269,630 18,846,813 11,5«4,489
94,704 3,512,510 2,046,807
117,978
20,610
41.838
51,0-3 15,591.728 8,145,880
64.460
more active for export, mainly No. 1 Northern at % c .@ ^ c . P h iladelph ia....... 2,805,181 1,385,886
222,587 16,631,282 8,607,398
B a ltim o re ............ 1,795,928
303.864
878,188
over June contracts, or about 91%c @93c. afloat.
227,177 6,497,792 3,419,638
New O rle a n s....... 1,758,291
016,401
371,91"
Pae. cu st. dists.*
Other cu s. d is ts.t
D AILY CLOSING PRICES OF NO. 2 BSD W INTER WHEAT.
J u n e d e liv e r y ..................... o.
J u ly d e l iv e r y . . . . . . . . . . .o.
A u g u st d e l iv e r y .............. e.
S e p tem b er d e liv e r y ..........e.
O e to b sr d e liv e ry .......... e.
D e o e m b e r d e liv e ry ............e.
M a y , 189 3 d e liv e r y .......... o.
Sat.
91%
92%
915s
91%
92
94
97%
M on .
9038
91%
903s
90%
91
93
96%
Tues.
9 1 1s
9 1 7g
91%
90%
91%
93%
973s
Wed.
90%
91%
90%
9038
91%
93%
96%
T h urt.
90 78
91%
90%
90%
91
93%
96%
F rt.
91
91%
9 0%
90%
91
93
96%
Indian corn has been made quite irregular by a “ corner”
on May contracts here and at the West. The “ corner” seems
not in any true set se speculative, but rather to “ come of
itself” from an oversold market to people who want the
corn, which has not been forthcoming. Toe later deliveries
have declined, owing to the return of warm weather and the
receding floods. To-day there was let-up to the “ corner” on
May cot tracts, and the later deliveries declined; but spot corn
was scarce and firm.
D AILY CLOSING PB I0ES OF NO. 2 MIXED COBN.
Sal.
M a y d e liv e r y ..................... o. 5 7 %
J u n e d e l iv e r y . . . . . . . . . . . o . 5 1 %
J u ly d e liv e r y ....................o. 5 3
A u g u st d e liv e r y .............. e. 5 2 %
S ep tem b er d e liv e r y ___ o. 5 2%
M on.
58
53%
51%
51%
51%
Tues.
62
54%
52%
52%
52%
Wed.
63
54%
52
51%
51%
T hurs.
63
53%
52
51%
51%
F ri.
58
53%
51%
51%
51%
Oats advanced, but to-day were depressed by the dulaess
of speculative action, but on the spot at some decline there
was a better business for export, shippers taking 100,009
bush. No. 2 mixed at about 87^@37J^c. afloat; white grades
were decidedly lower at the close.
D A ILY CLOSING PRICES OF NO. 2 M IXED OATS.
J u n e d e liv e r y ............... . . 0 ,
J u ly d e liv e r y .................
A u g u st d e liv e r y .......... . . 0 .
S e p tem b er d e liv e r y .. .
Sat.
36%
3ti%
36
35
M on .
36%
35%
35%
34%
Tues.
36%
36%
3 5%
34%
Wed.
&7
36%
35%
35
T hurs.
36%
36
35%
34%
F ri.
36
35%
35%
34%
Rye has advanced, with some sales at 85@85J^c. for No
W< stern afloat, but held at 86c. at the close.
2
FLOUR.
F l u e ................... b b l. $ 1 9 0 ® $ 2 40 I P a te n t, w in te r ................. $ 4 5 5 ® $ 4 90
S u p e r fin e .... . . . . . . . . 2 1 5 ® 2 7 5 | ity m ills e x t r a s
C
4 5 0 ® 4 75
E x tra , N o. 2 . . .
2 5 0 ® 3 15 I R y e flo u r ,s u p e r fin e .. 3 8 5 ® 4 15
E x tra , N o. 1 ................ 3 2 5 ® 3 65 F in e
.... ®
------C le a rs _____ . . . . . . . . . . 3 7 5 ® 4 4 0 I C orn m eal-—
425® 460
W estern , & o .. . . . . . . 2 8 0 ® 2 9 0
S t r a ig h t s ...........
P a te n t, s p r i n g . . . . . . . 4 5 0 ® 4 9 0 | B r a n d y w i n e ... ... .. 3 0 0 ® . . . .
[W h ea t flo u r in sack s sells a t p rice s b e lo w th o s e fo r b a rre ls.]
GRAIN.
W heat—
S prin g, p er b u s h .. .
R e d w in te r N o. 2 . .
R e d w in t e r ...........
W h it e ........................
O ats—M i x e d . . b u .
W h ite ........................
N o. 2 m ix e d ............
N o. 2 w h it e .............
0.
80 ®
97 ®
80 ®
87 ®
37 ®
38 9
37% ®
39 ®
0.
96
98
99
96
S9
42
38%
40
C orn, p e r b u sh .—
Weist’ n m i x e d ........
S team er N o 2 . . . . . .
W est’ n y e llo w ........
W estern w h i t e ___
R ye—
w e s te rn , p e r b u s h .
S tate a n d J e r s e y ..
B a rley—N o. 2 W est’n .
55
57
57
58
9
®
®
®
60
59
62
63
84
84
®
®
®
15,905
611,942
12,470
269,134
0,825
183,274
6L1.865
267,505
105,352
3,708,869
92,152
1,996,338
8,481,139 4,247,268 1,489,770 1,058,320 61,893,844 35,872,202
444,508
125,313
59,221
88,111
15,559
11,758
47.867
141,244
12,695
B o s t o n . .. . ...........
4,056
15,038
5,912
2,348
2,067
P h ilad elp h ia.......
7,896
717
88,174
B a lt i m o r e ...........
117.788
3,9?«
1,185
13,632
4,635
107
New O rlea n s.......
877
89
23
48
14
Total, c o r n ...........
Corn-meal. bbls.
Sew Y o r k ............
Pac. cu st. dists.*
O ther cus. d ists.t
1.564
"4,160
1,4ÌÌ
” 3.273
20.401
49,454
Total, co rn -m e a l
23,933
68,989
22,081
82,221
234,210
761,257
New Y o r k ............
B o s to n ..................
P h iladelphia.......
B a ltim ore............
New O r le a n s ....
Pac. cu st. dists.*
O ther ous. dists.t
354,038
10,330
91,800
200
62
4,453
283,787
145,935
5,155
33,048
80
25
2,109
107,027
13,650
517
9,062
3:9
176
163
1,481
1,050
114
110
1,066
603
3,979,317
41.931
680,026
2,534
1,803
50,5*7
2,825.144
1,691,45018,027
260.420
1,128
842
24,422
1,120,409
11,336
7,581,322
3,116,698
216 2.553,833
13,001 11,317,620
1,232 1,903,956
2,866.319
24
1.107
880
162,000
810,160
61,734
299,346
56.101
86,055
43
5,380
20,049
Oats, bush.
Total, o a t s ..........
744,670
293,469
17,037
New Y o r k ......... .
B o sto n .................
P h ila d e lp h ia ...
B altim ore . . . .
New O r le a n s ....
Pac. cu st. dists.*
>
tlie r cu s.d ists t
4.463
375,5(9
450,016
446,863
42
7,900
127
14,268
13,500
13,450
1
255
8,227
425,150
62.603
521,077
Oatmeal, lbs.
600
24,500
15,37« 19,704,995
525,608
6,875,912
186,576
6,337,396
159,142
1,088,9j9
646,681
167,1«8
2,450,405
1,031,663
580,865146.401
2,217,670
o ta l, o a tm e a l..
1,884,793
41,601
New Y o r k .............
B o s t o n ................
Ph iladelphia.......
B a ltim ore............
New O rleans. ..
Pac. cu s t. dists.*
O ther c u s .d is ts .t
384.254
29,907
360,967
23,025
148.306
65,705
130,955
82,785
82,804
69.375
Total, r y e ............
711,066
648,0v)7
New Y o r k ...........
B o s t o n . . . . . . .......
Philadelphia. ...
B a ltim ore............
New O rle a n s.......
Pac. cu st. dists.*
O tn er cu s.d ists.t
2,514,702
781,463
1,372,366
1,238.766
1,773,510
855,660
673,883
T o ta l, w h e a t.......
8.615,350 8,502,266 5,003,308 4,834,267 133,410,877 138,781,234
404,439 1,914,373 4,038,057 10,633,324
405,372 1,906,362
102.789 1.003,748 1,439.184 7.074,531
501,812
118,055
515.948 1,354,636 6.713,993
107,809
909,803
185,298
231,124 1,202,911 2.774.846 14,448.123
347,093 1,782,807
715.818
159.442
18,278
3.516
87,168
19,226
8*2,073 1.313,114 6,299,806
193,218
399,694
85.515
699,851 1,255,881 6,937,710130,881
258,78*
51,623
Rye, bush.
Wheat,bush.
Wheat-flour, bbls
New Y o r k .............
B oston ..................
P h iladelph ia.......
B a ltim o re ...........
New O r le a n s ..-..
PaC. cu st. dists.*
O ther cus.dists.+
........
10,919,551 10,473,145-
756,911
658.366
2,499,339
8.500
8,272
720,694
53,354
45,8i*6
1.348,676
3u3,509
1,204,957
271,031
399,133
414,764
1,836,935
327,042 3,476,670 3,210,851
101,919
128,899
555,593
53.601,038
4,237,373
8,008.603
20,182,652
1«,121,394
30,412,336
5,316,073
50,290,983
4,222.507
8.468.939
19.608.789
15,808,343
30,113,310
5,403,01*6
i’o t.,w h e a t-flo u r. 1,212,215 5,936,520 1,263,8661 6,197,105 12,385.177 61,828,290-
Totals.
New Y o r k . . .........
B oston........... ..
Ph iladelphia.......
B a ltim o re............
New O rleans —
P a c. cu s t. dists.*
)th e r cu s .d is ts .t
3,136,392
1.132,025
624,611
1,733,217
644,806
4,113,8*8
988,923
5,730,151
1,400,502
3,690.913
4,024,159
2,903,453
892.466
1,264,073
93.783,195
13,988,674
24,092,396
41,496,038
20,833,94238.106.054
17,670.330
—
86
86
G rand to ta l
19,905,717
.
253,065,622
.. 12,373,337
* V a lu e o f e x p o r ts fr o m P a cific d is tricts f o r th e m o n th o f A p ril, 1892:
S Francisco. California..... 1851,826 ! O
an
regon, Oreg.................................
W illa m e tte . O re g o n ....................
37,015
—“ n oaa
P
ugetB n W
ou d, ashington......
3,725 I
Total ...
$892,368.
t Value of exports fromother custom districts for the m
s
onth of April, 1893
N port N s, Va........... $575,062 I
ew
ew
Detroit, M
ichigan................ $24,963'.
g .........................
362,737 j P o r t l a n d . . . . . . . . . ....................
21,«o5<
The movement of breadstuffs to market is indicated in the C h i c ah,oMinn...........
D
ulu
136,900 B
razos, Texas...................
7,401
statement below, prepared by us from the figures o f the Naw H u ron , M i c h i g a n .. .. .. . ...........
51,450
„„7 7 7 7
iam
63,700
Total......................... $1,264,073;
York Produoe Exchange. We first give the receipts at M i,Ohio .....
ond, Va. ................
30,615
Western lake and river ports, arranged so as to present the Richm.—T his s ta te m e n t in clu d e s a b o u t| per c e n t o f t h e e n t ir e .o x p o r ts o f theNo t e
68
comparative movement for the week ending May 21, 1892, a rticle s n am ed fr o m a ll p o rts o f t h e c o u n tr y .
and since August 1, for each o f the last three years*.
Che reoeipta o f flour and grain at the seaboard ports for the
veek ended May 21, 1892. follow :
Barley
Bus.
Wheat.
Corn.
Oats
BscHvU atHour.
C hicago..
Milwaukee.
Duluth... .
Minneapolis
Toledo_
_
D etroit..
Cleveland....
St. Louis.
Peoria.......
Tot.wk. ’P8
Same wk.’9l
Same wk.’90
Bbl*.1961h Bush. 60 lb» Bush.5e it. Bush.33 lb> But A4S 1 Bu. 56
200,432
32,155
217,301 1,043,895 1,007,651
86,395
80,000
64,800
16,248
6,960
168,037
48.250
95,076
79.205
483.300
200
132.300
83,700
1,3 y>
587
„
41,223
8,390
14,282
88.892
10,02!
56
7,052
8,083
53,034
30,777
. 9,102
16,595
106.478
2,100
4,200
136,250
267,315
3,150
1,100
254,O u
O
5,400
12,500
100,800
245,655
183,096
240,116
1,355.916
1.436,643
1,253,463
1,521,795
2,656.532
3,831,289
1,550,103
2,045,573
3,546,778
294,116
77,377
232,736
55,059
43.201
84,003
F lo u r ,
W heat,
bush.
A t—
bbls.
S a w Y o r k . . . . 1 5 5 ,4 7 0 1 ,4 7 3 ,6 0 0
2 2 6 , L85
B o s t o n . . . . . . . . . 5 8 ,4 1 8
4 2 5 ,6 1 0
M ontreal......... . 1 7 ,1 6 3
2 1 5 ,7 1 7
P h ila d e lp h ia ... 5 9 ,2 3 8
3 2 2 ,0 8 3
B a ltim o r e . . ... 6 2 ,7 5 8
3 ,4 2 5
2 3 ,7 8 8
R ichm ond . .
4 ,8 0 0
New O rle a n s ... 1 0 .4 5 6
Expobts of Breadstuff« for A pril , 1892.—The fol
lowing, made up from the statement issued by the Bureau of
Statistics shows the exports o f domestic breadstuffs from
thè under-mentioned customs districts o f the United States
B a r le y ,
O ats,
bush .
b u sh .
5,2503 8 5 .4 0 0
1 6 t ,7 4 9
5004 ,7 5 4
2 8 3 ,3 4 6
4 ,0 0 0
7 2 ,8 4 9
146 4 U
__
2 , L0 j
4 8 ,9 5 1
_
T o ta l w eek 3 6 6 ,9 2 8 2 ,6 9 1 ,7 8 3 1 ,3 5 5 ,4 9 7 1 ,1 0 0 ,8 4 9 1 4 ,5 0 4
8 7 2 ,5 1 3 1 3 1 .4 3 6
Oor. w eek ’ 9 1 3 3 4 ,7 7 4 1,5 8 7 ,2 9 2
9 0 1 ,1 1 3
R ye,
bush .
6-200__ _
824
6 7 ,1 0 0
150«
7 4 .2 7 4
5 2 992
Below are the rail shipments o f flour and grain from
Western lake iad river p -rts for four years:
Since Aug. <
.
1891-92...... 10,419.217 107,975.401 102,417,533 86.677,228 80.107.386 13.927.796
V890-91....... 8.882,022 96,038,813 81,397,443 78,218,836 27,943.415 4,019.816
1889-90....
9,818.610 105.738.fp38 146.574.710 75.719.971 24,693.033 5,475,339
O orn ,
bush .
3 4 0 ,6 0 6
3 5 ,4 7 0
6 2 ,7 0 7
4 2 4 ,1 0 9
2 2 1 ,6 0 4
6 ,2 7 0
2 6 4 ,7 3 1
F lo o r . . . . ..........b b ls.
W h e a t ..., . . . . . . b u s h .
O orn. . . . .
O a t s . . . . . . ...................
B a r le y ....
¡aye...........
T o ta l.
189 2 .
W eek
M a y 21.
2 2 4 ,2 7 6
1891.
W eek
M ay 23.
1 5 9 ,6 2 9
1890.
W eek
M ay 24
1 81 ,52 7
1 88 9 .
Week
M ay 25.
1 75 ,93 1
3 7 0 ,9 3 1
9 2 8 ,3 4 0
4 9 1 ,6 6 5
5 0 2 ,7 3 5
8 9 3 .6 1 9
3 0 ,0 1 2
2 9 ,8 9 2
2 4 4 ,9 0 4
1 ,0 6 9 ,8 1 5
1 ,6 1 6 ,0 4 5
4 6 ,6 4 2
9 9 ,1 1 9
4 6 5 ,3 2 9
2 8 3 ,7 2 3
7 4 4 ,5 0 5
4 0 ,0 5 8
4 5 ,1 3 4
1 ,8 1 2 ,1 3 9
1 ,9 4 7 ,9 2 3
3 ,0 7 6 ,5 2 5
1 ,5 7 8 ,7 5 4
THE CHRONICLE.
The exports from the several seaboard ports for the we a t
ending May 21, 1892, are shown in the annexed statement:
E x p o rts
fr o m —
W heat.
Bush.
N e w Y o r k 1 ,6 3 3 ,2 3 5
B o s t o n ...
2 1 1 ,2 2 5
P o rtla n d .
M on treal.
1 1 2 ,6 2 7
P h U a d e l.
9 5 ,1 2 0
B a ltin i’re
2 7 7 ,8 0 0
N . O rP ns. 8 6 ,8 2 0
1
N o r fo lk ..
N .N e w s ..
T o t . w eek . 2 ,5 1 6 ,8 2 7
B’m e tim e
1 8 9 1 ...
9 1 4 ,7 7 0
C om .
F lo u r .
Oats.
P ea s.
R ye.
B u sh .
9 ,9 8 5
B u sh .
1 2 ,6 0 0
B u sh .
1 4 4 ,4 0 9
B bls.
8 1 ,8 9 4
3 5 ,9 8 6
B u sh .
2 1 4 ,2 4 6
5 7 ,3 8 6
3 6 6 ,1 3 5
1 4 4 ,8 8 5
1 6 4 ,0 1 8
4 ,2 2 7
3 5 ,3 6 2
3 7 ,8 9 9
3 ,7 0 1
1 0 Ì .Ì 9 4
8 7 6 ,8 3 3
1 9 9 ,0 6 9
3 1 5 ,4 4 0
7 6 ,7 0 7
6 3 ,1 0 1
3 8 3 ,2 4 0
1 9 1 ,5 7 1
5 ,9 9 3
1 6 ,0 2 4
6 ,6 7 7
5 3 ,1 1 6
5 9 ,1 0 7
5 ,0 0 0
::::::
The visible supply o f grain, comprising the stocks in granary
At the principal points of accumulation at lake and seaboard
ports, May 21, 1892:
W heat,
I n store at—
bush .
N e w Y o r k .............. 2 ,2 5 9 ,0 0 0
D o a floa t........
1 0 3 ,0 0 0
..............
A lb a n y . . . . . . . . . .
B u ffa lo ____ . . . . . .
9 6 2 ,0 0 0
C h ica g o.................. 6 ,8 3 4 ,0 0 0
M ilw a u k e e ............
2 0 4 ,0 0 0
D u l u t h ................. 5 ,5 1 1 .0 0 0
1 6 0 ,0 0 0
T o l e d o ...................
D e tr o it..................
7 3 ,0 0 0
O s w e g o ..................
1 0 ,0 0 0
Bt. L o u i s . . . . . . . . .
2 8 5 ,0 0 0
C in c in n a t i............
8 ,0 0 0
2 7 1 ,0 0 0
B o s t o n ..................
T o r o n t o ...............
1 1 6 ,0 0 0
M o n t r e a l.........
6 4 5 ,0 0 0
P h i l a d e lp h ia .....
2 9 5 ,0 0 0
P e o r i a . . . . ___ . . . .
1 7 ,0 0 0
I n d ia n a p o lis ........
4 8 ,0 0 0
K a n s a s C ity . . . .
2 5 4 ,0 0 0
B a ltim o r e . . . . . . .
7 0 4 ,0 0 0
M in n eap olis.......... 7 ,8 3 6 ,0 0 0
Cn Mississippi.....................
O n L a k e s ..............
O n c a n a l & riv e r.
T o t.
T o t.
T o t.
T ot.
T o t.
M ay
M ay
M ay
M ay
M ay
21, ’92.
1 4 , '9 2 .
2 3 , '9 1 .
2 4 , '9 0 .
25, ’ 8 9.
2 ,0 5 2 ,0 0 0
1 ,9 6 0 ,0 0 0
O om ,
b u sh .
3 0 7 ,0 0 0
O at»,
R ye,
b u sh .
b u sh .
3 5 2 ,0 0 0 1 3 0 ,0 0 0
B a r le y ,
busti.
4 2 ,0 0 0
7 .0 0 0
9 2 ,0 0 0
1 ,0 5 3 ,0 0 0
5 .0 0 0
1 5 ,0 0 0
5 ,0 0 0
9 5 ,0 0 0
2 3 ,0 0 0
8 4 1 ,0 0 0 2 4 2 ,0 0 0
2 ,0 0 0
3 4 ,0 0 0
..........
5 8 ,0 0 0
1 7 ,0 0 0
4 8 ,0 0 0
........
8,000
2 9 ,0 0 0
5 ,0 0 0
6 9 .0 0 0
......
8,000
4 8 .0 0 0
4 .0 0 0
44ÌÓÒ0
’ *2,<K>0
8,000
2.000
12,000
3 .0 0 0
1 4 .0 0 0
6 5 .0 0 0
101,000
*30,000
1 3 .0 0 0
4 6 0 .0 0 0
4 1 .0 0 0
122.000
2 3 7 .0 0 0
1,000
7 ,0 0 0
4 6 .0 0 0
2 6 4 .0 0 0
4 3 .0 0 0
3 7 .0 0 0
8 ,0 0 0
1 9 6 .0 0 0
**3^000
5 2 0 .0 0 0
4 8 .0 0 0
2 9 ,0 0 0
2 7 1 .0 0 0
1 1 4 .0 0 0
6,000
20,000
7 ,0 0 0
100,000
■■9*,Ò0Ó
1.000
6,000
7 0 .0 0 0
21.000
3 0 ,6 0 7 ,0 0 0 2 ,7 7 2 ,0 0 0
3 5 ,1 0 6 ,0 0 0 4 ,3 1 8 ,0 0 0
1 8 ,2 9 1 ,7 3 5 4 ,4 9 4 ,5 8 5
2 2 ,4 5 8 ,0 0 3 1 1 ,0 7 8 ,7 0 2
2 1 ,2 8 4 ,3 8 5 1 1 ,0 5 4 ,9 3 6
4 ,0 0 0
7 3 .0 0 0
1 6 .0 0 0
2 ,8 6 2 ,0 0 0 7 1 7 ,0 0 0
4 ,3 0 1 ,0 0 0
8 7 0 ,0 0 0
3 ,5 3 3 ,0 3 1
3 2 3 ,4 8 2
4 ,3 8 4 ,3 1 8
7 6 8 ,2 0 4
6 ,3 4 1 ,7 5 1 1 ,2 4 7 ,6 9 2
3 9 3 ,0 0 0
4 5 3 ,0 0 0
3 1 7 ,5 0 5
6 2 0 ,3 9 5
6 1 3 ,5 5 7
THE DRY GOODS TRADE.
N SW Y o r k , F r id a y P . M ., M a y 2 7 ,1 8 9 2 .
OOlCO^M
«ObSMOOO
*0
9»
to
© to to to
<IOipD©M
< f- 1£-WtO
00055 Wto
0
oeoK D »
w
«
N
0 MHM
5
to 'COM05000
5
cn ^i©rf*aotf*.
C 0 0 M 0 tO
O 55 0
'X
)
B
*
«5
*
3
«•
?
I
9
W
a
O
S
S
a
M
O
%
O
w
H
S
a
3
H
5
g
H
S ince Ja n . 1 ,1 8 9 2 .
$
9 ,0 0 0 ,0 7 4
8 ,0 2 2 ,9 2 7
1 4 ,8 7 3 ,5 1 3
5 ,2 7 4 ,6 9 2
5 ,9 8 1 ,4 1 5
3 7 ,7 1 4 [ 1 0 ,3 4 1 ,5 7 6
3 7 9 ,2 9 2 4 3 ,1 5 2 ,6 2 1
4 1 7 ,0 0 6 ! 5 3 ,4 9 4 ,1 9 7 |
to
eneo to co to
<1)0 C C 0
OO 5
05© £* 3 |
5 f*
•3C tO003
> O
5
C ©co to C
O
O
1
C
5
»
**
s
n
n
00
©
n
W eek E n d in a
M a y 2 6 , 1 89 2 .
00
©00 0 005
5 0
5000005©
n
W eek E n d in g
M ay 2 8 ,1 8 9 1 .
t o »-boto
ODO COM0
5
tf*05© 00<l
mm
00^30 © 0
5 5
0505C C tO
OO
o c o co 00cn
1 V a lu e.
*
1 9 6 ,2 2 8
1 9 9 ,0 2 7
8 3 5 ,5 0 3
1 6 1 ,1 6 8
9 2 ,0 7 5
2 5 9 ,1 1 2
1,0 0 4
6 ,2 5 3 1 ,4 8 4 ,0 0 1
1 to
H cn
V <1
Hr
W <1
w
If*
O C
0 O
n
C
O
.
00
00
C
O
0
C
O
.
C
O
n
<1
i
w
B
«
V a lu e.
$
7 ,6 4 9 ,2 1 6
7 ,2 7 6 ,3 2 9
1 4 ,4 2 1 ,3 0 3
5 ,7 8 6 ,2 0 5
5 ,9 0 2 ,5 9 3
1 3 ,5 8 8 ,5 4 2
4 1 ,0 3 5 ,6 4 6
0
5
O pppp'
mcocoh V
© © n cn o5
H
O
C
O
»
$
1 8 0 ,3 1 0
1 91 „2 59
848 9 4 3
1 9 8 ,3 2 6
1 1 9 ,0 7 1
O
*
0*00
oto
C0
O3
to to n to to
tOO tOO tO
ooocoo
M a n u fa c tu re s o f —
W o o l . .............
C o t t o n ................
S i l k .........................
F l a x . . . . . . ..........
M is c e lla n e o u s . . . . .
4 3 3 ,42 9 ]
C
O
coti*
wp
T o t a l .................. 5 ,985l
! 3 8 3 ,6 0 3 1 4 1 ,0 3 5 ,6 4 6
l l , 4 8 4 ,0 0 1 1 3 7 9 ,2 9 2 ' 4 3 ,1 5 2 ,6 2 1 1
WITHDRAWN FROM WAREHOUSE AND THROWN INTO THE MARKET.
M a n u fa ctu re s o f —
W o o l .......................
1 5 ,0 4 4
1 0 ,4 4 7
5 ,6 9 2 ,3 3 4
3 ,7 7 0 ,7 5 0
C o t t o n ...................
1 1,031
2 ,8 2 7 ,7 9 4
8 ,3 5 6
2 ,1 8 5 ,4 4 2
S i l k .........................
6 ,1 1 6
4 ,0 1 2
2 ,9 1 0 ,4 7 9
2 ,1 8 4 ,6 5 9
F la x . . . . . . . . . . . . .
1 0,4 28
1 ,5 4 1 ,4 1 3
1 0 ,7 7 5
1 ,8 1 5 ,9 7 8
M isce lla n e ou s . . . . .
7 ,2 0 7
4 ,1 2 4
6 1 6 ,5 2 2
3 8 4 ,7 4 7
1 ,0 7 4 2 3 2 ,3 9 0
5 ,9 8 5 1 ,0 3 7 ,9 0 9
HHCOXW
T o t a l ................. .
E n t’ d f o r co n su m p t
M
**)SC0<J©
►
1
H
O
0
9
0
«
<
5
cl
»
3
0
0
0
T o t a l o n m a r k e t . . . 1 7,059l 11,270,299]
113,802
0 0»© < 10*
3 ,2 8 0 ,2 2 7
1 ,8 0 8 ,9 2 9
1 ,8 4 6 ,7 5 3
1 ,9 9 6 ,6 1 3
3 6 5 ,5 1 7
2,122
HHMMCO
tOOO©tf*tO
a ©^3 05cn
1 13 ,48 2
3 5 ,7 1 7
9 5 ,3 1 7
3 1 ,6 6 8
1 0 ,8 0 9
Total............................... 1,831
102,774
* From New England mill points direct.
3 ,4 2 1 ,9 8 7
2 ,3 7 8 ,0 1 0
3 ,3 9 2 ,1 9 6
1 ,4 4 0 ,7 3 9
5 9 2 ,1 4 3
100,947
12,855
1 4 6 ,5 6 7
4 6 ,1 8 1
1 0 8 ,9 4 2
6 3 ,7 6 1
1 6 ,1 7 4
2,122
M a n u fa ctu re s o í —
W o o l .......................
C o t t o n . ..................
S i l k .........................
F la x .... . . . . . . . . .
M i s c e l la n e o u s ......
95.974
6,800
0
w
9 ,2 9 8 ,0 3 9
4 3 ,1 5 2 ,6 2 1
’ **
26
239
111
387
463
38
2,073
689
63,630
4,319
3,857
2,042
5,646
1,457
3,777
12,618
839
05©Cn©©
Q Cn^3£*n
0
n 0*0*000
5
If*C 05000
O
3 6 ,4 9 2
3 7 9 ,2 9 2
1,831
I ll
7
740
to
If*
C
O
1 ,7 7 0 ,9 9 4 1 415,7841 5 2 ,4 5 0 ,6 6 0 1
i*99
66
455
116
57
627
37
2,390
888
47,589
2,659
4,948
4,189
7,422
1,899
2,767
19,813
1,410
C
O
00
0
M50 050KI
©COli-K)#- . H
S
S
H
»
w
«
e
oto
CC
OK
©05
993
2 8 6 ,9 9 3
6 ,2 5 3 1 ,4 8 4,00 1
Week. Since Jan. 1
117
157
tO
H
»
©co
C0
O0
<JM
1 1 ,2 2 5 ,0 7 5
4 1 ,0 3 5 ,6 4 6
Week. Since Jan. 1.
<1
C
O
0
00
M
V
M
©
cn
C
O
**
1 5 2 ,2 6 0 ,7 2 1
T otal...............................
China, via Vancouver____
1891.
5 1 5 ,0 0 0
Im p o rta tio n s o f JDrv G oods.
4 0 ,7 7 7
3 8 3 ,6 0 3
Great Britain........................
Other European____ .. ..
China________________ ____
In d ia ....................... .............
Arabia............... ....................
Africa____ _______ _______
West Indies_______________
Mexico............... ..........
Central America__________
South America.. . . . . . . . . . . . . .
Other countries................ .
1892.
7 9 4 ,0 0 0
6 ,0 0 0
1890.
M ay 24.
4 0 0 ,0 0 0
1 1 5 ,0 0 0
N one.
The importations o f dry goods at this port for the week
ending May 26, 1892, and since Jan. 1, and the same facts
for the corresponding periods o f last year are as follow s:
1 ,3 2 3
5 ,9 8 5
24.
1891.
M ay 23.
4 3 3 ,0 0 0
3 6 1 ,0 0 0
N on e.
D omestic W oolens,—Deliveries of heavy-weight woolen
and worsted suitings have been interfered with to some ex
tent by late bad weather, but still considerable progress has
been made in getting the productions of the various mills
into consumption. New orders have been of moderate ex
tent only, but a good duplicating demand is looked forward
to for some weeks to come. The tone of the market is gen
erally steady, as the bulk o f manufacturers have engage
ments that will carry them on through next month, with the
prospect of further business yet to come forward. Cheviots,
friezes and piece-dyed and fancy worsteds all are wellplaced in this respect. Overcoatings and cloakings are
steady, with an average trade passing. Satinets, unions,
cotton-warp cassimeres and doeskin jeans are all quiet. For
flannels and blankets there is a steady demand of moderate
proportions. In autumn styles o f woolen and worsted dress
goods there has only been a restricted amount of new busi
ness recorded, buyers having mostly all placed their orders
for first supplies of these in both staple and fancy lines.
F oreign Dr y Goods.—Business for current requirements
has been slow in the regular way, but a considerable distribu
tion has again been secured through the medium of the auc
tion rooms. For autumn specialties in fine woolen and
worsted dress goods, silk fabrics and ribbons, there has been
a fair demand without special feature.
T o t a l ...................
E n t’ d f o r co n su m p t
to m at
1 89 2 .
S tock o f P r i n t C lo th s—
M a y 21.
H e ld b y P r o v id e n c e m a n u fa ctu re r s.
N on e.
F a ll R iv e r m a n u fa ctu re r s ___ . . . . . . . £ 6 ,0 0 0
1 6 ,0 0 0
O u tside s p e c u la to r s ( e s t ) . . . . . . .
N on e.
T o ta l a t t h e p o r t . . .
Business for current requirements has again been decidedly
«low , showing a falling off even when compared with pre
vious inactivity. The bad weather which lately prevailed is
considered largely responsible for this, as although reports
now coming to hand show that early accounts of the damage
done were exaggerated, roads in most country districts are
« 0 bad as to be nearly impassable, and the movement of mer
chandise seriously interfered with thereby. Orders for future
delivery have also been affected, and a poor aggregate trade
all round has been recorded for the week. The tone o f the
market is somewhat less assured than a week ago. In some
directions buyers are again showing that they incline more to
a belief in lower prices in some leading products than appre
hensions o f any advance. This is most noticeable in con
nection with bleached shirtings, heavy brown sheetings and
woven cotton dress fabrics. On the other hand printed fab
rics and print cloth goods generally are admittedly tending
upward, in sympathy with the print cloth market. Outside
o f these the market is in a somewhat indefinite condition,
neither buyers nor sellers appearing to hold any clear views as
to its future course. The check to business during the pist
tw o or three weeks has had its effect on the relative positions
o f supply and demand. Belated buying may be sufficient
to counteract this, but in the meantime its influence is un
favorable. The jobbing trade has ruled dull in almost every
•depMtment, and jobbers are not in a position to do much
business in fall fabrics yet outside of staples.
D omestic Cotton G oods.—The exports o f cotton goods
from this port for the week ending May 24 were 1,831
packages, valued at $103,846, their destination being to the
points specified in the table below:
Nbw Y ork
The value o f the New York exports since January 1 have
been $4,929,592 in 1892 against $5,349,413 in 1891.
The demand for all domestics has been indifferent at first
hands. Brown sheetings are irregular, standard and threeyard makes again inclining in favor o f buyers, while lighter
products are steady. Bleached shirtings have an easier
tendency, and with the coming month leading agents are by
many buyers expected to make lower quotations. A popular
make was cleaned u pby a leading jobber this week at itslowest
recorded price. On the other hand glove-finished cambrics are
strong, as are other goods immediately governed by the price
of print cloths. This is further reflected in several advances
made by agents in staple, solids and shirting prints. There
has been a fair demand for carried-over stocks of dark
printed work, which are now practically all in one hand in
this market, buyers evidently considering them a good pur
chase in face of probable higher prices for new autumn work.
Ginghams have ruled slow throughout. There is little dupli
cating o f spring lines, and jobbars have shown a decided reluotance to’ place many orders for fall styles. Print cloths
are strong at 3)^o. for 64 squares and at 2 15-I6c. for 56x60s.
T o t a l s to c k ( p i e c e s ) . . . . . . _____ _
21.000
n o ,m
í V h» LTV,
1
896
«
£
H
n
n
00
©
to
s
Ö
n
00
©
n
M a y 28, i^ 2 .j
S tate and
897
THE CHRONICLE.
C ity D e ì a i i t m e ì i t .
TERM S OF SUBSCRIPTION.
C o m m e rc ia l a n d F in a n c ia l C H R O N IC L E con
tains 4 0 to 0 4 pages published every week.
State a n d City S u p p lem en t of C H R O N IC L E con
tains ISO pages published several times each year.
In v e sto rs’ S u p p lem en t of E H R O J ilC L E (a Cyclo
paedia of Railroad Securities) contains 1 6 0 pages published
every other month.
Subscription to CHRONICLE for one year $ 1 0 .0 0 ,
which includes every issue of both Supplem ents .
T lie p u rp o se o f this State a n d City D e p a r tm e n t
is to furnish our subscribers with a weekly addition to and
continuation of the State and City Supplement.. In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
State and City Supplement to as near the current date as
possible. Hence if every Subscriber will note in his Supple
ment ©n the page designated at the head o f each item a
reference to the page where the item in the Chronicle can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.
Kansas City’s Bank Account.—The Common Council of
Kansas City has recently approved of the bonds for a million
and a half given by the city depositories, the National Bank of
Commerce and the Union National Bank. The contract with
the National Bank of Commerce provides that the city shall
deposit with that institution two-thirds of its funds from day
to day and that the bank shall pay 3*66 per cent interest on
one half of the city’s daily balances and 3 84 per cent on the
remainder. As security for the money thus deposited the city
has received a bond for $1,000,000 signed by the bank officials.
One-third of the city’s funds are to be deposited with the
Union National Bank, with the agreement that the city shall
receive interest at the rate of 3*62 per cent on its daily bal
ances. The bond given by this institution as security is for
$500,000 and is signed by all the officials of the bank.
Balias County, Mo.—A pres3 report states that Mr. F. W .
Huldokofer of St. Louis, has obtained a judgment this week
in the United States District Court against Dallas County,
Mo., for $710,000, or over half of the assessed valuation of the
county. In 1870 Dallas County voted that amount of aid in
county bonds to the La Clede & Fort Scott Railway, which
was never built. The case is an exact parallel of the St.
Clair and Cass County cases, the judges of which counties are
now serving a term for contempt in having declined to issue
a special tax levy for the payment of the debt as ordered by
the United States Court.
of the State Debt to fund these bonds, coupons and certain
warrants o f interest. The Board had refused to fund on the
ground that these bonds did not fall under the operations of
the funding law ; but, assuming that they did, then, for vari
ous reasons, the State, in its opinion, had been discharged. It
is not necessary for the purposes of this message to particu
larly state these reasons.
“ There was a judgment in the District Court in favor of the
defendant, rejecting plaintiffs’ demand, and they appealed.
“ The Supreme Court, on appeal, held that the bonds were
originally fundable, and having so determined went into an
examination of the special defenses set up and the m eritsof
the case, and having announced certain principles on which
the case rested, established a basis of settlement and sent the
case baek to the Board, with instructions to fund according to
those principles and on the basis fixed.
“ After th® judgment was rendered, but before it became final,
it was modified by reason of the suggestion of the AttorneyGeneral that some of the bonds declared on by Hope & Co.
were the property of the Citizens’ Bank of Louisiana itself,
and should not be funded. The modifications referred to con
sisted in reserving the right, if any, of the State to refund such
bonds.“ When this judgment was certified back, a meeting of the
Board was called, at which it proceeded to settle and liquidate
the claims of Hope & Co., said liquidation resulting in the
passage of the following resolution:
R esolved—
T h a t th® t o ta l o f b o n d s te n d e re d b y H o p e & Co.
a m o u n ts In ca p ita l t o ............ ................................................. $ 4 ,0 1 8 ,6 2 2 48
L ess 4 0 p e r c e n t u n d e r a c t o f 1 8 7 4 ........................................... I ,6 0 7 ,6 o 0 6 0
L e a v in g ..................................................................................................$ 2 ,4 1 1 ,1 7 5 88
7 p e r ce n t f o r 5 1® y e a r s .................................................
9 2 8 ,8 0 2 71
2 p e r ce n t f o r 5 y e a r s . . . ...............................................................
„ I ’i i Z
4 p e r c e n t f o r 6 y e a r s . . . . . .....................................................................
6 1 8 ,8 6 8 4 5
T o t a l................................................................................................ ....$ 4 ,1 9 9 ,4 6 4 6 2
8 ,0 3 7 25
1 m o n th ’ s in te re s t a t 4 p e r c e n t .......................
T o ta l.’.................................................
L ess p a y m e n ts, c r e d it a llo w e d b y c o u r t s ..$ 2 ,0 8 0 ,4 6 6
7 2 2 ,4 0 1
3 0 0 .0 0 0
8 8 5 .0 0 0
$4^207,501 87
35
03
00
00
$ 3 ,9 6 7 ,9 1 7 3 5
1 m o n th ’ s in te re s t a t 5 p e r ce n t, $ 2 ,0 6 0 ,4 6 6 3 5 ............................ : . .................................
8 ,3 8 5 2 7
|3,9 7 6 ,5 0 2 65
T h u s le a v iu g a b a la n c e o f ............................................................
$ ¿ 3 0 ,9 9 9 22
on an amount of consolidated bonds; and, further, that it ap
pears that Hope & Co. have included in their said number
and amount of bond* presented for funding. That 665 of
said bonds are the property o f the Citizens’ Bank of Louisi
ana, the principal obligor, and for which the State is only
security, and it appears that said 665 bonds amount to—
I n c a p it a l............................ - .........- .............. ........ $ 2 9 5 ,5 5 2 6 0
Less 4 0 p e r c e n t u n d e r a rtic le ©f 1 8 7 4 ........... 1 1 8 ,2 2 1 6 4 —$ 1 7 7 ,3 3 1
6 8 ,2 7 2
S e v e n p e r c e n t in te re s t f o r 5 1® y e a r s .............................................
T w o p e r c e n t in te re s t f o r 5 y e a r s ..................................................
1 7 ,7 3 3
F o u r p e r c e n t in te re s t f o r 6 y e ir s .................................................. 4 6 ,1 2 6
56
65
15
66
L e a v in g a b a la n c e o f .................................................................... $ 3 1 1 ,4 6 3 6 2
“ Which sum is included in the adjustment above made in
account with Hope & Co. under the decree of the amount,
and that said banks having been paid there remains with
Hope & Co. a balance of $80,460 40, which they hold over and
above the amount resulting from the adjustment with them.
“ Resolved, That this board refuse to fund the said 685 bonds
belonging to Hope & Co.
“ A suit which is still pending has recently been brought by
Hope & Co. as trustees, in which the Citizens’ Bank is joined,
to compel the funding of the 665 bonds above referred to.”
In regard to the baby bonds and the warrants of 1880 to
1888 the Governor writes as follows :
“ For the years 1880 to 1886, inclusive, warrants were issued
for many hundreds of thousands of dollars in excess of the rev
enues. The amount was reduced by me of the funds collected
to pay the interest on the public debt which fell due Jan. 1
1880, the payment of which was remitted by Article 3 of the
State debt Ordinance of the Constitution. The revenues for
the payment of the interest and principal of baby bonds and
warrants of 1881, 1885 and 1886 are about exhausted, and at
the coming session of the General Assembly it would be well'
for the lawmakers to speak out their views and intentions in
regard to these bonds and warrants.
*‘Retiring from office I abstain from expressing in this message
my views on that subject, inasmuch as this matter will doubt
less receive the most careful consideration at your hands and
those of the incoming Governor.”
Queens County, N. T.—Jamaica road bonds to the amount
of $100,000 were recently sold at 101 and a check for $10,000
was received as a deposit by County Treasurer Dykes. The
purchaser now refuses to take the bonds on the ground that
they are an illegal issue, and he demands the return of the
deposit. The County Treasurer refuses the demand and the
matter will be taken into the courts.
Kings County, N. Y.—The agreed case of Kings County
against the East River Savings Institution to enforce payment
on $80,000 of armory bonds which the bank refused to take on
grounds involving their invalidity was argued before the Gen
B o n d P r o p o sa ls a n d N e g o tia tio n s.—W e have re
eral Term May 24, and judgment is reserved. The case in any
ceived through the week the following notices of bonds
event will go to the Court of Appeals.
recently negotiated and bonds offered and to be offered for
The Hope Bonds o f Louisiana.—The message of Louisi
sale.
ana’s retiring Governor, Francis T. Nichols, was delivered
Albany, N. Y.—(State and City Supplement, page 43.)—
to the General Assembly on May 9 1892, and from it we quote A t a meeting of the Albany Board of Finance held last Sat
the following passage in reference to the Hop® bonds :
urday in the office of Mayor Maiming a resolution was
“ While considering the finances of the State, it is proper passed authorizing the issue of Dudley Observatory bonds to
that I should refer to the decision of the Supreme Court, re the amount of $15,000. The bonds will bear interest at the
ported in page 738 of the Forty-third annual. In this case the rate of 2 per cent per annum, and the principal will fall due,
plaintiffs. Hope & Co., alleging themselves to be holders and |$1,000 yearly, from June 1 1893 to June 1 1907 inclusive. The
©wners of 9,042 bonds of the State of Louisiana aggregating . following redeemed bonds were destroyed in presence of the
$4,018,626 48 brought suit to compel the Board of Liquidation ! Mayor and the B oard: Congress Hall bonds of 1866 to the
898
THE CHRONICLE.
amount of $1,000 and water bonds of 1888 to the amount of
[V ol. LTV.
with power to act. No award has as yet been announced.
The bonds bear interest at the rate of 5 per cent, payable
Allegheny County, Md.—County schoolhouse bonds to the annually on the 2nd of May, and the principal matures as
amount of $75,000 have been authorized, but we have been in follow s:
formed by County Treasurer Thomas Johnson that only about $ 5 0 ,0 0 0 ..............................M a y 2 1 89 3 $ 5 0 ,0 0 0 .
M ay 2 1 89 5
5 0 ,0 0 « .
.M ay 2 1 8 9 6
$25,000 will be issued this year. The bonds will bear interest 5 0 ,0 0 0 ..............................M a y 2 1 8 9 4
at the rate of 5 per cent per annum.
Great Falls, Mont.—(State and City Supplement, page
Apalachicola, Fla.—The proposition to issue water bonds to 128).—This city will soon advertise for bids on a $100,000
the amount of $12,000 will be submitted to the people at a municipal loan, the allotments for various purposes to be as
follows: $30,000 for sewerage; $30,000 to fund outstanding in
coming election.
||A1heng, Ga.—(State a n d C i t y Supplement, page 161.)— debtedness and $40,000 for parks. These bonds are 10-20s
The city of Athens has sold $125,000 of 5 per cent water gold, interest 6 per cent, and payable semi-annually.
bonds to Farson, Leach & Co. at par. City sewer bonds to
Haskell Connty, Tex.—The City Comptroller of Austin,
the amount of $15,000 have been purchased by Wilson, Col Tex., has purchased for the Permanent School Fund $41,000
of Haskell County Court House bonds.
ston < Co., of Baltimore, Md.
fc
Athena, Ore.—The Council has voted to issue bonds for the
Hennepin County, M inn.—(S tate and Cit y Supplem ent ,
Construction of water works.
page 103.)—The Hennepin County loan, which we reported
Boston, Mass.—(State and City Supplement, page 21.)— two weeks ago as sold to Spencer Trask & Co., consisted of
Proposals will be received by City Treasurer Alfred T. Turner 4% per cent bonds to the amount o f $215,000, due July 1 1920.
until June 4 1892 for $1,000,000 of Boston loans to be appro The price paid for the securities was 107*17.
priated as follow s: $665,000 for various municipal purposes,
Kansas City, Mo.—(State and City S upplement, page
$200,000 for public parks, and $135,000 for Cochituate water.
The loans ail bear four per cent interest, are payable April 1 111).—Bids will be received until June 20th 1892 by Benj.
1912, April 1 1922, and Oct. 1 1921, respectively, and will be Holmes, City Comptroller, for Kansas City water and sewer
issued in registered certificates o f $1,000 each, or any multiple bonds to the amount of $2,209,000. The loan will bear interest
thereof, interest payable semi-annually, to begin at the date of at the rate of 4% per cent and will mature May 2nd 19.2 with
issue. These certificates will be secured by sinking funds out option.
Both interest and principal will be payable in gold in New
providing for their payment at maturity.
York City. This loan was authorized by vote of the people at
Brockton, Mass.—(State and City Supplement, page 22.) a special election held April 5 1892.
—The city of Brockton, Mass., has awarded W. J. Hayes &
The city’s total debt, exclusive of the new issue, is $1,439,Sons $16,000 of registered 4 per cent bonds maturing from 500; sinking funds, $427,000; net debt, $1,012,500. The as
1895 to 1902.
sessed valuation (about 40 per cent of actual value) is $73,720,Brooklyn, N. Y.—(State and City Supplement, page 44.)— 220, and the population, according to local authority, is 133,000.
Sewer bonds for $1,500,000 have been authorized, and plans
Kissimmee, Fla.—Mr. M. N. Dana, Treasurer of Kissim
have been completed for a sewer system in Ward 26.
*
mee, Fla., writes us that the order for a bond election this
Cambridge, Mass.—(State and City Supplement, page month has been canceled. It is probable, however, that the
22).—Bids were opened on May 21 for the follow ing4 per cent question will be brought up again before long.
loans of the City of Cambridge: $75,000 of water bonds, due
Kittanning, Pa.—The town has voted an is3ue of bonds to
May 2 1912; $55,000 of street bonds, due May 2 1902, and $20,- the amount of $30,009 for a sewerage system.
C00 of building bonds, due May 2 1902. The entire loan,
Liberty, N. Y.—(State and City Supplement, page 49.) —
amounting to $150,000, was awarded to Blake Bros. & Co., of
Boston, who offered 106’09 for the 20-year water bonds and Mr. E. R. Dusinbery, Supervisor of the town of Liberty,
writes the Chronicle that the $20,000 of water bonds men
103 26 for the 10-year street and building bonds.
In a letter received by the Chronicle this week City Treas tioned last week will not be issued for the present, as the
urer William W . Dallinger says that Legislative authority has work of construction has been postponed.
The statement of the town’s debt and valuation as given in
not yet been granted for the proposed park loan, although a
favorable report on the same has been made by the Legisla our recent Supplement is correct to date.
Logansport, Ind.—(State and City Supplement, page 87).
tive Committee on Cities. If authority is given, bonds to the
amount of $200,000 will be issued, bearing interest at the rate —Bonds to the amount of $12,000 wilt be issued for new water
of 4 per cent and running for 30 years. The loan will be out mains.
side of the city’s legal debt limit.
Ludlow, Ky.—The City Council has been requested to call
Carthage, 0 .—At a recent election the citizens of Carthage a special election to vote on issuing $25,000 of water bonds.
voted to issue bonds for electric lights.
Mansfield, Ohio.—(State and City Supplement, page 81.)
Centerville, Mich.—The town is considering the issuing of —At a special election held in this city on May 23 the propo
bonds for the establishment of water works.
sition to bond for $100,000 was voted for by 3,000 citizens,
Chambers County, Tex.—This county will issue 20-year 6 while only 50 votes were cast against it. The bonds will be
issued for the purpose of general improvements, and, more
per cent bonds.
Chippewa Connty, Mich.—Sealed tenders will be received specifically, to secure a fund to have the division terminals of
until June 7 1892 at the office of the County Clerk, Sault Ste. the Pennsylvania Company removed from Crestline to this
Marie, Mich., for $20,000 Chippewa County, Mich., refunding city.
Mayville, Mich.—The proposition to issue bonds for a system
bonds. These bonds will bear interest not to exceed 5 per cent
per annum, payable semi-annually. They will be in the de of water works is being considered.
nomination of $500 each.
Meridian, Miss.—(State and City Supplement, page 166).
Colfax, Wash.—The city of Colfax has recently sold 6 per —The city will vote July 30 upon the issue of bonds for $75,000 for a system of sewers.
cent bonds to the amount o f $47,000.
Mulrane, Kan.—The school-house loan recently authorized
Cranston, R. I.—The Town of Cranston has sold $150,000
of 4 per cent 80 year gold bonds to the Third National Bank, will consist of 6 percent bonds to the amount of $6,400, of
o f Boston, at 105 945. The bids received for the loan were as which $2,900 will be payable July 1 1902, and the remainder
on July 1 1907. City Treasurer L. D. Hill writes us that an
follow s:
offer of par has already been made for the securities, but no
R . L. D a y & C o., o i B o s t o n ............................................................... .........100-75
R o llin s & C o., o i C o n co rd , N. H ...............................................................101*76 - sale has taken place.
S p e n ce r T ra sk & C o., o f B o s t o n ...............................................................101*816
New Bedford, Mass.—(State and City Supplement, page
B re w s te r, C obb & lS stab roek, o f B o s t o n .............................. ..............102*53
28).—New Bedford 4 per cent park bonds to the amount o f
B la k e B ro s. & C o., o f B o s t o n ........ ........................................................ 103*76
T h ird N a tion a l B an k , o f B o s t o n .................................................... .........105*945
$100,000, maturing April 1 1942, were sold on May 25 to
Cuthbert, Ga,—The city has voted to issue bonds for an Spencer Trask & Co. at 108*77. The other bids were as fol
electric light plant.
lows: R. L. Day & Co., 108*03; Brewster, Cobb & Estabrook,
Dunkirk, N. Y.—(State and City Supplement, page 47.)— 106*7; W , J. Hayes & Sons, 106*52: Third National Bank,
The Governor has signed a bill authorizing the Council to 106*175; J. W . Longstreet, 105*67; Gay & Stanwood, 105;
issue $60,000 of bonds for improvements on the city water Blake Bros & Co., 104*63; W . J. Quintard, New York, 103-125;
Hadwen & Barney, for $6,000 of bonds, 112*01.
works.
New Orleans, La.—(State and City Supplement, page
Etna, Pa.—The report that the citizens of Etna have voted
in favor of issuing electric light bonds to the amount of 167).—Proposals will be received by the Board of Liquidation
$25,000 is incorrect. Mr. J. W . Hughes, Clerk of the Boro’, of the City Debt until June 25 for the purchase of 4 per cent
writes us that the proposition was defeated at an election constitutional bonds of the City of New Orleans. This loan is
held on April 12 1892, and that the boro’ debt will not be in part of an authorized issue of $10,000,000, which the city has
a right to call and redeem at the rate of $500,000 annually
creased for the present.
after the year 1925.
Grand Rapids, Mich.—(State and City Supplement, page
Ohio.—(State and City Supplement, page 75.)—The
96).—Proposals for $200,0C0 of street improvement bonds were
opened on May 16th 1892. Messrs. Spitzer & Co. of Toledo, O., Board of Trustees of the Ohio State University will receive
bid $202,148 for the loan, Charles E. Temple bid $202,000, the bids until June 1 1892 for the purchase of 6 per cent certifi
First National Bank of Grand Rapids offered par and the cates of indebtedness to the amount of $ 00,000. These cer
Michigan Trust Company $201,010. The highest bid was made tificates will mature as follows : $20,000 June 1 1894 ; $20,000
by W . J. Hayes & Sons of Cleveland, who proposed to take Tune 1 1895 ; $30,000 June 1 1896, and $30,000 June 1 1897.
$50,000 immediately, $50,000 in thirty days, $50,000 in sixty
Poughkeepsie, N. Y —(State and City Supplement, page
days and $50,000 in ninety days, the firm to pay accrued in 53).—Poughkeepsie has sold $18,000 of refunding water bonds,
terest to the time the bonds are delivered. All bids were re to run 20 years at 3% per cent interest. A premium of $109 15
ferred to the Mayor and the Committee on Ways and Means, was paid for the loan.
$ 10, 000.
899
THE CHRONICLE.
M a y 28, i m j
V ictoria County, Tex.—This county has recently sold Court
Rapid City, S. Dak.—(State and City Supplement, page
House bonds to the amount of $75,000.
116).—The city has sold $35,000 of bonds.
Waco, Tex.—(State and City Supplement, page 173.)—
Rutherford, N. J .~ A n election will be held May 81 to vote Messrs. H. M. Noel & Co., of St. Louis, have purchased $100,on issuing bonds to the amount of $25,000 for sewers and 000 of W aco 5 per cent 30-year bonds at 95.
$50,000 for macadamized roads.
(
West Dolnth, W inn.—All improvement bonds issued by
Salem, Ohio.—(State and City Supplement, page 82.)— ; the village of West Duluth this year will be taken by J. W .
On May 17 1892 street improvement bonds of this city to the • Holmes at par less 1 per cent commission.
amount of $19,500 were sold to W . J. Hayes & Sons, ot i Westwood, Ohio.—Street improvement bonds of the village
Cleveland, Ohio, at a net premium of $732'50. The other bids of Westwood to the amount of $10,000 bearing interest at the
were as follow s:
rate of 6 per cent were sold to German National Bank o f
Parson, Leach & Co., of Chicago, I I I.,. hid $527*00 premium.
Cincinnati, Ohio, on May 11th, 1892. The price paid for the
Bpitzer & Co., of Toledo, O.. hid $584*00 premium.
.
securities was 106 01.
E. H. Rollins & Sons, of Chicago, 111., hid $418*2o premium.
J. T. Brooks, of Salem, O., hid $292*50 premium.
W ilkinsbnrg, Pa.—The citizens have voted in favor of issu
J. B. K. Turner, of Canton, O., hid $297*00 premium.
ing bonds to the amount of $160,000 for proposed new sewers.
The bonds bear interest at the rate of 6 per cent (payable
Woodstown, N. J.—A special election will be held in Woodsannually) and the principal matures part yearly from May
town, N. J., June 7, to decide whether the Borough Council
16 1893 to May 16 1900 inclusive.
shall issue bonds for $30,000 to erect water works.
Santa Monica, Cal.—It is reported that bonds for a new
Wyoming, O.—The village council has voted to issue $35,000
sewerage system will be issued at an early date.
of bonds for water works.
Somerville, M ass.— (State and City Supplement, page 30).
—The newspaper report stating that the Common Council of
Somerville has authorized sewer bonds to the amount ot
STATE AND CITY DEBT CHANGES.
$10,000 is incorrect. City Treasurer John F, Cole writes us
W e subjoin reports as to municipal debts received since the
this week that no orders have been passed this y ear to borrow
on the funded debt account, nor is it probable that any such publication last week of our State and City Suppelorders will be passed before the first of next October.
ment. Some of these reports are wholly new and others cover
Ticonderoga, N. Y.—Next month this village will issue $75,- items of information additional to those given in the Supple 0 0 0 of %% per cent gravity water bonds, falling due a3
MENT, and of interest to investors.
follow s:
New York—M ayville.—The following statistics have been
in 20 years
$5,000..............
in 5 years $15,000......
17.000
.............
in 25 years received this week. No report for Mayville was given in our
8,000.................
in 10 years
20.000
.............................. in 30years
10,000........................................ in 15years
recent Supplement.
The loan is authorized by the Legislature, as mentioned in
This village is in Chatauqua County.
these columns last week.
Total debt May 1 1892.. $15,000
LOANS—
W hen D u e.
Yallejo, Cal.—(State and City Supplement, page 141).—
Tax valuation 1891........ 377,505
W a t e r B o n d s—
June 11 the people will again vote on the issuance of $250,000 4s, M&N. $15,000............... 1912 State & Co. tax (per $1,000).$8T6
Interest is payable in New York. Population 1890 was............. 1,164
bonds for city water works. The proposition was defeated
See next mure for other debt changes.
two months ago. Works were built in 1870 by a company.
N E W LO A N S .
N E W LO A N S .
NEW
C IT Y BO N D S.
M IS C E L L A N E O U S .
$25,000
LOAN.
T O W N OF
NAUGATUCK, CONN,
$ 1 2 ,0 0 0 M a n c h e s te r , Y a ., 5 p e r ce n t B o n d s .
Issu ed f o r S treet Im p rovem en ts. D u e 1934, b u t
red eem a b le a ft e r 1900. C ou pou s payable Jan uary
and July.
P r ice, 100 an d accru ed interest.
C IT Y
OF
GOLD 4s.
$ 9 ,0 0 0 B r u n s w ic k , G a „ 5 p e r cen t B on d s.
Issu ed f o r a S ew erage System . D ated Jan uary 1st,
1891, d u e Jan. 1st, 1921. .Coupons payable Jan uary
and J u ly in N ew Y o rk .
¿4 . . . .
T h e C on stitu tion o f G eorgia lim its m unicipa l d e b ts
t o sev en per c e n t o f t b e assessed valuation.
P r ice, 100 and a ccru ed interest.
C A M
B R I D G E ,
Interest and principal payable In GOLD COIN. ’
P rice and further particulars on application.
Water Loan 4s,
$ 6 5 , 0 0 0 G r e e n v i l l e , S . C ., 6 p e r c e n t B o n d s .
Issu ed f o r a Sew erage System . D ated F eb ru ary
1st, 1892, d u e F eb . 1st, 1922. C oupons payable Jan
uary and J u ly In N ew Y ork .
T h e C on stitution o f S outh C arolina lim its m u n i
cip al debts t o eig h t p er ce n t o f th e assessed valu ation .
P r ice, 105 and accru ed in te re st.
FA R S O N , L E A C H & C O .,
C H IC A G O ,
D U E 1912.
COUPON
$ 1 2 ,0 0 0 J a c k s o n , T e n s ., 6 p e r cen t B o n d s ,
Issu ed f o r in tern al im p rov em en ts. D a te d Septem
ber, 1891. D u e D ecem ber, 1921, b u t re d e e m a b le a fte r
20 years. C ou pons payable M arch and S eptem ber in
N ew Y ork .
P rice, 104 and accru ed in terest.
P R IC E
107
1 -8
A ls o , 6 p e r ce n t B o n d s o f W a t e r a n d
o t h e r C o m p a n ie s , w e l l s e c u r e d a n d e a r n i n g
in te r e s t, a t 1 0 0 a n d a ccr u e d in te r e s ts
T h e b on d s w e offer h a v e »11 b e e n p u r c h a s e d b y
U s a ft e r c a refu l exam in ation .
A special circu lar u p on each issu e w ill b e fu rn is h e d
u p o n app lication , an d b o n d s w ill b e d e liv e re d t o
buyers.
W ilson, Colston & C o .,
BANK ER S,
£ 1 6 ~ e T B A L T I M O R E S T ., B A L T I M O R E .
6 % IN V E S T M E N T S 6 %
FIRST MORTGAGE GOLD BONDS,
A m ou n t« $ 5 0 0 to $ 1 0 ,0 0 0 .
GOLD DEBENTURE BONDS,
5 , 7 an d 10 Y ears,
A T L A N T IC TRUST CO., N EW YORK, TR U S TE E
A m o u n t s $ 1 0 0 to $ 1 , 0 0 0 .
A FE W CHOICE
7 PER CENT FIRST MORTGAGES.
W r it e f o r D escrip tion .
Lom bard Investment Co.
150 B R O A D W A Y , NEW Y O R K .
F IS H E R
2 W a ll S tre e t.
&
SH A W .
B a ltim o r e , M a ry la n d ,
IN T E R E S T .
DEALERS IN ;
$ 7 , 0 0 0 A n n is t o n , A l a . , 6 p e r c e n t B o n d s .
Issu ed f o r Street Im p rovem en ts, Sew ers, &c. D ated
D e ce m b e r 1st, 1889. D u e D e ce m b e r 1st, 19 L9. Cou
p o n s payable J u n e and D e c* m b e r in N ew Y o rk .
P r ice, 107 and accru ed interest.
NEW Y O R K ,
7 3 D e a r b o r n S tr e e t.
BONDS.
AND
M a tu rin g :
$ 1 5 ,0 0 0 A p r il 1 , 1 9 1 2 ,
$ 1 0 , 0 0 0 A p r il 1 , 1 9 1 2 ,
OPTIONAL A F T E R A P R IL , 1907.
MUNICIPAL
FOR SALE B Y
Blake Brothers &
C o .,
28 s t a t e : s t r e e t , b o s t o n .
5 N ASSAU S T R E E T , N E W
N o tic e Is h e r e b y g iv e n th a t t h e C ity T reasu rer w ill
sell at p u b lic a u ctio n o n M onday, J u n e 6th, 1892
a t t h e d o o r o f th e C ity H a ll In B ozem an , M ontana,
b e tw e e n t h e h o u rs o f 10 A . M . an d 4 P . M, t o th e
h ig h e st bidder, c ity b on d s t o th e a m o u n t o f $3,000,
t o be a r d a te o f Ju ly 1st, 1892, t o b e r e d e e m a b le in
te n years and payable In tw e n ty years fr o m d ate o f
issue, t o bear Interest at t h e r a te o f six p e r c e n t p er
annum , in te re s t co u p o n s payable sem i-ann ually,
b on d s in den o m in a tio n o f $500 each, principal and
Interest p ayable at th e office o f th e City T reasu rer o f
th e C ity o f B ozem an , M ontana.
Said b o n d s are issu ed u n d er t h e au th o rity o f t h e
City C ouncil, as p ro v id e d by th e ir ch a rte r a nd san c
tio n e d b y t h e qualified v o te r s o f t h e said c ity at an
e le ctio n h e ld o n A p ril 4th, 1892. T h e se b o n d s are
Issued f o r th e purpose o f o btain in g m o n e y w ith
w h ich t o pu rch ase a dum p g ro u n d fo r th e city.
T h e in d e b te d n e ss o f B ozem an C ity (o n A p ril 1,
1892), Inclu din g th is issce , is *50,300.
T b e city o f B ozem an has n e v e r rep u d iated a n y o f
its in d ebted n ess, and there has n e v e r b e e n any
d e fa u lt In payment, o f interest.
A sse sse d v a lu a tio n o f t i e c it y in 1891 w as
’
’
AN D IN TH E
Issues of Corporations Possessing
Strong Mnnicipal Franchises.
YORK.
City Bonds For Sale.
$ 2, 000, 000.
B ON DS
P H I L I P DOD SO N,
C ity T reasurer.
CASH
ORDERS
EXECUTED
ON
TH B
B A L T IM O R E S T O C K E X C H A N G E .
Lam precht Bros. & C o .,
BAN KERS,
MUNICIPAL
BONDS.
C le v e la n d , O h io , P e r r y -P a y n e B ’ ld ’ g
B o s t o n , M a s s ., 5 3 S tate S tree t.
N e w Y o r k , 11 W a l l S tr e e t.
W.
T. Hayes & Sons,
BANKERS,
Dealers in MUNICIPAL BONDS.
Street R ailw ay B o n d s and o th e r h ig h gra d e in
vestm en ts.
i o WALL STREET,
1*3
7 E x ch a n ge
P la c e .
B o sto n .
NEW Y0RK.|
1
C able A d d re s s, "K E N N E T H .”
THE CHKONICLE.
900
fV o l. U V
Delaware—New Castle County.—(State and City Supple
South Dakota—Bapid City.—(State and City Supple
page 116.)—City Treasurer Wiiliam H. La Bee has sent ment, page 71.)—The following statement is corrected to date
us this week the following report of debt and valuation. The by means of a special report received this week from County
Mayor’s name is James M. Woods (not Ward, as printed in Treasurer John F. Dickey.
County seat is Wilmington.
our recent Supplement).
LOANSWhen Due.
F unding F loating D ebtRapid City is in Pennington County.
L oan for B fn. of T rus. of P oor . 58, J&J, 180,000.. .$10,000 yearly
ment,
Total debt May 1 1892... $121,000
Tax valuation, real....... 1,000,000
Tax valuation, personal. 733,000
Subject to call after 1906 Total valuation 1892---- .1,733,000
Bonded debt May 1 1892..$91,000
Assessment is ^ actual value.
Floating debt....................... 30,000 Population 1890 was............. 2,128
INTEREST is payable at the Hanover National Bank, New York
LOANS—
F unding B onds—
Wien Due.
6 s, A&O, $91,000..................... 1911
City.
Texas—Laredo.—(State and City Supplement, page 173.)
—The debt report given below has been received from City
Treasurer R. Vidaurri since the second issue of our State and
C i t y Supplement was printed.
This is the county seat of Webb County.
LOANS—
When Due.
Citt I mprovement B onjis—
6 s, J& j, $70,000........ July 1,1913
Interest payable in New York.
Bonded debt Mar. 15, ’92,.$70,000
Floating d e b t..................... 22,556
Total debt................ .»......... 92,556
Sinking fund....................... 10,840
Net debt March 15 1892.. 81,716
Tax valuation, real.......$1,817,690
Tax valuation, personal 588,180
Total valuation 1891... 2,405,870
Assessment is 50 p. o. aetu’l value.
State tax (per $1,000)............ $1'66
County tax (per $1,000)........ 7 00
City tax (per $ 1 ,0 0 0 )........... 7 5 0
Average school ta x ................ l -25
Population 1890 was..........11,319
Montana—Custer County.—(State and City Supplement,
page 127).—The following report of Custer County’s finances
corresponds with returns received this week from County
Treasurer W . E. Savage.
County seat is Miles City.
LOANS—
Wien Due. Total debt May 1 1892. $274,100
F unding B ondsTax valuation 1891___ 5,950,162
78, J&J, $274,100... .July 1,1905 Total tax (per $1,000)........ $18 00
Subject to call after July 1,1895 Population 1890 w a s............ 5,308
INTEREST is payable at Chatham National Bank, New York City.
T h e O H IO E X T E N S IO N o f tho N O R F O L K &
W E S T E R N R A I L R O A D p e n e tra te s o n e o f th e
m o s t v a lu a b le c o a l and tim b e r d istricts in th e
U n ite d S ta tes. T h e lin e o f th is e x te n s io n is
1 9 3 m iles in le n g th , fr o m C oal G r o v e , O hio,
v ia K e n o v a , W . V a ., t o E lk h o m , W . V a „ o f
w h ic h 5 4 m iles to D u n lo w , W . V a ., is n o w
o p e n e d fo r b u sin ess a n d th e e n tire lin e is u n d er
c o n s t r u c tio n a n d w ill b e c o m p le te d e a rly in the
f a ll o f 189 2 . I t p a sses th rou g h v ir g in c o u n tr y
a b o u n d in g In g a s , sp lin t, oan n el, steam , c o k in g
a n d d om e stle c o a ls a n d fire-ela y; ch estn u t-oa k .
W hite-oak, b e e c h a n d p o p la r tim b e r. T h ose
lo o k in g f o r a d v a n ta g e o u s sites fo r th e lo ca tio n
o f sa w -m ills o r ta n n e rie s a n d esta b lish m en ts
f o r th e m a n u fa ctu re o f fu rn itu re , w a g on s, a g ri
c u lt u r a l im p le m e n ts, w o o d -p u lp , fire-b rick o r
m a n u fa ctu re d iro n a rticles, sh ou ld in v e stig a te
t h e r e s o u rc e s o f this n e w field. T h e n e w to w n
• f K e n o v a , W . V a ., offers m a n y a d v a n ta g e s fo r
t h e lo c a tio n o f m a n u fa ctu rin g esta b lish m en ts,
a ls o th e te rrito ry o p e n e d u p b y th e N o rfo lk &
W e ste rn R a ilro a d o n th e n o r th h a n k o f th e O hio
R iv e r , b e tw e e n K e n o v a , W. V a ., a n d P o r ts
m o u th , O h io. F o r th e m a n u fa ctu re o f finish ed
Iro n a rtic le s th e d is t r ic t offers u n e q u a le d ad
v a n t a g e s , w it h su p p ly o f c o a l a n d P o ca h o n ta s
c o k e o n s h ort h a u ls, an d w it h th e b la s t fu r
n a c e s o f th e I r o n t o n , H a n g in g R o o k a n d A sh
la n d d is tr ic t in c lo s e p r o x im ity .
F a v o ra b le
fr e ig h t ra te s m a d e u p o n r a w m a te ria ls t o all
m a n u fa ctu rin g esta b lish m en t o n th is line.
F o r fu r th e r in fo r m a tio n as to fr e ig h t ra tes,
m a p s , n a m e s o f p a rties t o w h o m a p p lica tio n
s h o u ld b e m a d e f o r c o a l lea ses, & e., a p n ly to
JO H N J. A R C H E R ,
D i v . F r e i g h t A g e n t , C o lu m b u s , O h io .
M&N.........
J & J ........
A&O.
J& D .
M&S
Bonded debt May 1 ,1892.$459,900
Floating debt....................
5,000
Total debt.......................... 464,900
$210,000
Sinking fund assets (abt). 60,000
q S Net debt May 1 1 8 9 2 ,.... 404,900
O
4!gS, A & O
Tax valuation 1892....... 50,000,000
4s, J&D
Assessment about % actual value.
Court H ouse L oan—
Co. and poor tax iper $1,000). $4-50
4 12 S, J&J $ 6 9 ,9 0 0 ..... July 1,1899 Population 1890 was........... 97,182
Population 1880 was............77,716
O P TIO N A L .—The bonds of this county are all subject to call.
T A X F R EE .—All bonds issued b y this county are exem pt from taxa
tion.
INTEREST is payable by County Treasurer, Wilmington.
Colorado—La Platte County.—(State and City Supple
page 133.)—The following report of the financial condi
tion of La Platte County has been corrected to date by John
F. Bell, County Treasurer. The payment of $30,491 of bonds
originally issued by La Platte County has been assumed by
Montezuma County, which was organized in 1889 :
Couuty seat is Durango.
ment,
Total debt May 1 1 8 9 2 ... $140,151
Tax valuation, rea l........ 1,665,836
Tax valuation, personal. 535,304
Subject to call Dee. 30,1901 Total valuation 1891___ 2,201,140
8 s, M&S, $11,400....Dec. 30,1911 Assessment about *3 actual value.
Subject to call Dee. 30,1901 State tax (per $1,000)............ $4*63
F unding B onds—
County tax (per $1,000)....... 20-75
6 s, J&J, $85,151....Apr. 6,1908 Average school ta x .............
5-00
R oad and B ridge B onds—
Population 1890 was..............5,509
8 s, Apr., $25,0 0 0 .:..Apr. 1,1903 Population 1880 was..............1,110
INTEREST on the funding bonds is payable at the office of Kountze
Bros., New York, and in Durango; on the court house bonds at the
Chemical National Bank, New York, and in Durango ; on the road and
bridge bonds interest is payable in Durango only.
LOANS—
M IS C E LLA N E O U S .
D E P O R T OF TH E CONDITION OF TH E
CITY AND C O U N T Y
*V C O N T IN E N T A L N A T IO N a L -BAN K , at N e *
Y o r k , in th e State o f N ew Y ork , at th e c lo s e o f b u s i
n e ss M ay 17th, 1892:
RESOURCES.
Loans and discounts.............................. 15,618,067 88
10 80
Overdrafts secured and unsecured.......
50.000 00
D. S. bonds to secure circulation. ......
264,473 84
Stock», securities, etc............................
165,874 68
Due from other national banks............
67,828 73
Due from State banks and bankers.. ..
385,000 00
Banking house, furniture and fixtures..
162.»45 22
Other real estate and mortg’s owned...
40.612 52
Current expenses acd taxes paid..........
6.C06 91
Checks and other cash items..............
Exchanges for Clearing House............. 2,664,611 12
6,000 CO
Bills of other b a c k s ..............................
Fractional paper currency, nickels and
cents......................................................
Specie.......................................................
Legal tender notes..................................
U. S. certificate' o f deposit for legal
171 83
737.214 50
81.000 00
1 , 100,000 00
t e n d e r s ......... ...........................’. .............. —
Redemption fund with U. S. Treasurer
(5 per cent of circulation).......... .......
2,250 00
.$11,351,566 23
T o ta l
L IA B IL IT IE S .
Capital s to ck paid i n ..................................... $1,000,000 00
Surplus f u n » ...................................................
200,000 00
U n d iv id e d p r o fits .........................................
118,416 11
N ational ban* n o te s o u ts ta n d in g ..........
45,i>00 00
D ividend» u n p a id ..........................................
7,299 67
In d ivid u a l d e p o sits s u b je c t t o c h e c k . . . 2,786.331 21
>>emand c e rtifica te s o f d e p o s i t .............
8,010 49
A c c e p t e d c h e c k s ........................................... 2,385,838 34
C ashier’s ch e ck s ou tst a n d in g ..................
216,216 31
D ue t o o th e r n ation al ban ks.................... 3,681,684 77
D ue t o S tate banks and b a n k e rs ...........
952,741 33
.$11,351,566 23
T otal.
State o f N ew Y o r k , C o u n ty o f N ew Y o r k , ss:
I, A l f r e d H . T i m p s o n , Cashier o f t h e above-nam ed
bank, d o s o le m n ly sw ear th at t h e a b o v e s ta te m e n t
is tr u e , t o th e b e s t o f m y t n o w 'e d g e and b e lie f.
A L F R E D H . T IM P S O N , Cashier.
S u b scribed and s w o rn t o b e fo r e m e th is 23d day
o f M ay, 1892.
E d w i n F . Co r e y ,
C o rre ct—A t t e s t :
N ota ry P u b lic , N . Y . Co.
H E N R Y M. T A B E R .
i
C H A R L E S H . M A R S H A L L ,) D ir e c to rs .
EDM UN D D. R A N D O LPH . )
Bliss, Fahyan & C o .,
N E W Y O R K , BOSTON , P H IL A D E L P H IA
Selling A gents f o b L eadin g B rands
BROW N
and B L E A C H E D
S H IR T IN G
an d S H E E T IN G S ,
P R IN T S . D E N IM S , T IC K S , D U C K S , * 0 .
T o w e l s , Q u il t s , W h i t e G o o d s a n d H o s i e r y .
Drills, Sheetings, <£c„ for Export Trade,
B O N O S .
B O U G H T AND SOLD.
N . W . H A R R I S & C O .,
1 5 W a ll S tr e e t, N E W Y O R K .
BOSTON
C H IC A G O .
H IG H
G . R , Voss,
Commercial Paper,
B on d s,» Stocks and Investm ent Securities.
508 FIR ST N A TIO N A L B A N K BUILDING,
Omaha, Nebraska.
FOR
Reliable Colorado Securities
or Investments
P le a s e
w r it e
or
a p p ly
GRADE
M UNIC IPAL BONDS,
N e tt in g t h e I n v e s t o r f r o m 4 p e r c e n t t o <
3
p e r ce n t. W r it e f o r C ir c u la r .
E . H . Rollins & Sons,
C O t f C O R » , M. H .
M ortgage Loans
IN
TEXAS.
NO COMMISSIONS charged borrower
loans have proven good.
F R A N C IS
SAN
S M IT H
&
ender untl
C O .,
A N T O N IO , T E X A S .
Geo. Copeland & C o .,
C O TTO N
Or
CH AS. G. ED D Y,
V i c e - P r e s id e n t , R o a n o k e , V a .
When Due.
Court H ouse B onds—
8 s, J&J, $18,600....Deo. 30,1911
FINANCIAL.
FINANCIAL.
A N ew Coal Field and
Tim ber District.
5s,
5s
5s,
5s,
5s,
129 P E A R L
BROKERS,
STREET, NEW Y O R K .
Cotton landed at Mills from Southern Market
specialty.
W IL L IA M H E N R Y C H A N D LE R
W A L D R O N S H A IaL E I G H ,
dc
Chem ical Engineers and
Consulting Chenvsts.
Chemical Industries Investigated, New Processes
Examined, Plans and Specifications o f W orks Fur
nished. A lso Yearly Contracts fo r Consultations.
R o o m s 0 7 & 9 » , Sit B r o a d w a y , N e w Y o r k .
to
T h e G urley Investment WM. FRANKLIN HALL,
B O O K S ACCOUNTANT A U D IT E D
Com pany,
DENVER,
C a p ita l a n d S n r p ln s ,
COLO.
—
$ 5 0 0 ,0 0 0
ESTABLISHED 17 YEARS.
New form s designed fo r books o f ac< onnt.
Settlement of Insolvent Estates.
418 Exchange Building, 53 State Street Boston.
TH E
May 28 1892.]
lx
C H R O N IC L E .
C H IC A G O .
C H IC A G O .'
P A C IF IC C O A S T .
The Merchants’ Loan &
Trust Company,
Union National Bank,
Tacoma National Bank,
CH ICA G O .
First National Bank in the City,
TACO M A, W A S H IN G T O N .
BANK
CH ICAG O .
C o r n e r D e a r b o r n a n d W a s h in g to n S t r e e t » .
E S T A B L IS H E D
1857.
C a p i t a l ( p a id I n )................................$ 2 , 0 0 0 , 0 9 0
S u r p l u s a n d u n d iv i d e d p i silts... 1 , 5 0 0 , 0 0 0
$ 3 ,5 0 0 ,0 0 «
J . W . DOANE, President.
p.
YOU. V ice-Preslden
ORSON SMITH, Second Vice-President.
F. C. OSBORN, Cashier.
F . N. W ILD E R , Assistant Cashier.
TRUSTEES.
M A R S H A L L FIELD,
J. W . R O A N E ,
P. L. YOB.
C. H . MCCORMICK,
GEO. M. PULLM AN.
JOHN DE KOVEN,
A . H. BURLEY,
A L B E R T KEEP.
B. T. W ATKINS,
JOHN TY R R E L L ,
ERUKINiS M. P H E LP 8.
L A M B E R T TREE,
ORSON SMITH.
Banking in ail Its Branches Transacted,
Foreign exchange bought an sold.
Travelers’ Letters o f Credit and Commercia.
Credits issued, available in principal cities through
o u t the world. Cable transfers made.
J . G . O R C H A R D , M gr F o r e ig n D ep t.
Title Guarantee & Trust
Company
OF
CHICAGO,
9 2 , 9 4 & 9 6 W A S H IN G T O N S T R E E T .
C a p i t a l, p a i d - u p ............................... $ 1 , 6 0 0 , 0 0 0
U n d iv id e d e a r n i n g s , in c l u d i n g
s u r p l u s .....................................................
2 2 0 ,0 0 0
D e p o s ite d w it h S ta te A u d ito r . .
2 0 0 ,0 0 0
GU ARAN TEES TITLES TO R E A L ESTATE.
O ffe r s i n v e s t o r s in r e a l e s t a t e s e c u r i t i e s
* r e f e c t i o n . a f f o r d e d b y n o o t h e r s y s te m o f
d o in g b u s in e s s .
authorized by law to act as Registrar o f Stocks
nd Bonds, Executor, R eceiver and Trustee for
Estates, Syndicates, Individuals and Corporations.
Trust moneys and trust securities kept separate
from the assets o f the Company.
C O R R E S P O N D E N C E S O L IC IT E D .
OFFICERS:
GW YNN GA R N E TT, President.
A . H. SELLERS, Vice-President.
A R C H IB A L D A . STE W A R T, Secretary.
CHAS. R. L A R R A B E E , Treasurer.
DIRECTORS:
Gwynn Garnett,
Chas. W . Drew,
W . D. K erfoot,
John P. Wilson,
George C. Walker,
Edson Keith,
John G. Shortall,
Geo. M. Bogue.
John D eK oven,
A . H . Sellers.
Samuel B. Chase,
P a ld -n p C a p it a l.
S u r p lu s ,
-
$ 2 ,0 0 0 ,0 0 0
7 0 0 ,0 0 0
A regular Banking Business Transacted. A ccounts
o f Banks and Bankers, Mercantile and Manufacturing
Firms or Corporations, received on favorable terms.
Foreign Exchange Bought and Sold. Commercial
and Travelers’ Credits, available in all parts o f the
globe, issued. Telegraphic Transfers made with all
principal European and Dom estic Points. United
States and other first-class Investment Bonds dealt In.
CORRESPONDENCE SOLICITED.
1 8 5 D E A R B O R N N T ., C H I C A G O .
CAPITAL, PAID U P , --------SURPLUS, - -------------- - -
$500,000
$25,000
C H IC A G O , IE E .
Merchants National Bank
UNITED STATES DEPOSITORY.
Angus Mackintosh, Pres. |Abram Barker, Viee-Pres.
W m . T. Wickware, Cashier.
C a p i t a l . $ 2 0 0 , 0 0 0 I S u r p l a s , e t c ., $ 4 0 , 0 0 0
Interest-bearing Csrtifleates o f Deposit Issued.
Superior Collection Facilities.
Correspondence Soiioitsd,
INTEREST ALLO W ED ON DEPOSITS o f money,
which may be made at any time and withdrawn.after
five days’ notice, or at a fixed date.
Merchants N a tl
TRUST FUNDS A ND TRUST INVESTMENTS
are kept separate and apart from the assets o f the
Company.
DIRECTORS.
A ZE L F. H A TCH ,
CHAS H. HULBURD,
M. W . KE R W IN ,
A ND RE W C. LAUSTEN
SAAC N. PE RR Y,
MAURICE ROSENFELD
J. R. W A LSH ,
SAMUEL D. W A R D ,;
OTTO YOUNG.
OFFICERS.
J. R . W A LS H , President.
ISAAC N. PE R R Y , Vice-President.
SAMUEL D. W A R D , Treasurer.
L Y M AN A . W ALTO N , Cashier.
FR AN K L IN H A T H E W A Y . Secretary
J. B. BRee se , Member New York Stock E xchange
D. M. Cu m m in gs , Member Chicago Stock Exchange
Breese & Cummings,
111
B A N K E R S AND B R O K E R S ,
A N D 1 1 3 IW O N R O E S T R E E T ,
CHICAGO
Securities listed in New York, B oston or Chicago
carried on conservative margins.
Herman Schaffner & Co.
S t s .,
CH ICAG O , IE E .
Henry
C.
Hackney,
115 D E A RB O R N STRE E T,
IN T E R E S T A L L O W E D ON D E P O S IT S .
This Bank is directly under the jurisdiction and
Supervision o f the State o f Illinois, is a LE G A L
DEPOSITORY for Court Moneys, and is authorized
to act as TRUSTEE. EXECUTOR. RECEIVER and
A 8 SIGNEE fo r ESTATES, IN DIVID U ALS and
CORPORATIONS.
OFFICERS:
Jotaft J. Mitchell, President.
John B. Drake, Vioe-President.
W m . H. Mitchell, Second Vice-President.
W m. H. Reid, Third Vice-President.
James S Gibbs, Cash’r B. M. Chattell, A ss’t Cash’r.
DIRECTORS:
John MoCaffery,
j ohn B. Drake,
L . Z, Letter,
W m . H. Reid,
W m . H. Mitchell,
John J. Mitchell,
W m . G. Hibbard,
J. C. McMullin,
D. B. Shipman,
J. Ogden Armctur,
F red erick T. Haskell.
CH ICAG O .
H IG H
GRADE
IN VESTM EN T S E C U R IT IE S ,
P a y in g 8 p e r cen t a n d 1 2 p e r ce n t fo r s a le
Cahn & Straus,
BAN KERS,
128 LA SALLE
O F S E A T T L E , W A S H IN G T O N .
Bank,
PO RTLAN D , OREGON.
P a id C a p i r a l ..................................... ^ 1 , 0 9 0 , 0 0 0
J. LOEW ENBERG, Pres. J AS. ST HAL, Vice-Pres.
L A . MAORUM. Cashier.
SELLS SIGHT EXCH AN GE
AN D T E L E
G R APH IC TRANSFHRS, and ISSUES L E T T E R S
o f CREDIT available throughout the United States
D R A W S BILLS OF EXCH ANGE on London.
Liverpool, Dublin, Paris, Berlin, F rankfort-on -th eMain, and all the principal cities o f E urope; also o n
H ong Kong.
COLLECTIONS M A D E on all accessible points.
SAN FRANCISCO.
The First National Bank
OF SAN F R AK CISCO, CA JL
.
UNITED STATES D E POSITAR Y.
C A P IT A L ,
.
.
.
$ 1 ,5 0 0 ,0 0 0
SURPLU S,
.
.
.
$ 7 5 0 ,0 0 0
S. G. M u r p h y , President. E. D. M o r g a n , Cashler
J a m e s Mo m o t t , V .-P res. G. W . K l in b , A sst. Cash
G E N E R A L B A N K IN G B U S IN E S S .
A CC O U N TS S O L IC IT E R .
A
Substantial
Investm ent
8 P E R CENT D IV ID E N D
AN D S U R P L U S EACH T E A R .
The Columbia Nat’l Bank
C O M M E R C IA L PAPER
C A P I T A L A N D S U R P L U S , - $ 3 ,2 5 0 ,0 0 0
A . O. SLAU GHTER, Member N. Y. Stock Exchange
W M . Y . B AK ER , Member Chicago Stock Exchange
P A ID -U P C A P I T A L $ 2 0 0 ,0 0 0 .
6 P e r C e n t B a n k C e r t if ic a t e s I s s u e d .
8 P e r C e n t G o l d M o r t g a g e s .!
1 0 P e r C e n t C it y , C o u n t y , S t a t e W a r r a n t s .
CORRESPONDENCE SOLICITED.
G b a t t a n H . WHJtELHR, Pres. A . BRIDGMAN, Cash.
NEGOTIATES GROUND RENTS In the City O
f
Chicago. Takes entire charge o f estates. A cts as
agent fo r the registration and transfer o f bonds and
stocks and the payment o f coupons, interest and
dividends. Authorized by law to receive and execute
trusts o f every character from courts, corporations
and individuals. A legal depository fo r court and
trust funds.
S. W . C or. D e a r b o r n A M a d is o n
Illinois Trust & Savings
Bank.
Commercial Bank,
The Jennings Trust C o.,
BAN KERS,
John P. Wilson,
A . M. Pence,
P a i d - u p C a p i t a l .................................... $ 2 9 0 , 6 0 9
S u r p lu s ....................................................... $ 1 2 5 , 0 0 0
President,
Cashier,
V ice-President
W. B. BLACKWELL. H . O, FlSHBACK. EDMUND RICH.
G e n e r a l B a n k in g B u s in e s s T r a n s a c t e d .
S p e c i a l A t t e n t i o n t o C o ll e c t i o n s .
TACOMA, WASHINGTON.
COUNSEL:
W . C. Gondy,
A . W . Grgon,
-
S T ., C H I C A G O .
A G e n e r a l B a n k i n g B u s in e s s T r a n s a c t e d .
FIR ST MORTGAGE LOANS ON IM PROVED CITY
R E A L ESTATE FOR SALE.
Members o f the Chicago Stock Exchange.
TACOM A,
W A S H I N G T O N ,
o r g a n iz e d w it h a s m a ll c a p ita l, in
o r d e r t o h a n d le t h e p r o fit a b le b u s in e s s
p re s e n te d , w i l l in c r e a s e its c a p ita l t o
$ 5 0 0 ,9 0 0 , a n d o ffe r s a p o r t i o n o f t h e
i n c r e a s e t o i n v e s t o r s a « 102 p e r s h a r e ,
K o o k v a lu e . T h e 2 p e r c e n t p r e m iu m
w i l l h e p la c e d t o p r o fit a c c o u n t , and.
c a r r ie d t o s u r p l u s in J u ly n e x t . T h e
B a n k c o n fin e s its o p e r a t io n s s t r ic t ly t o
c o m m e r c ia b u s in e s s .
T h e a v e ra g e e a r n in g s o f th e N a tio n a l
B a n k s i n t h e S 'a t e o f W a s h i n g t o n f o r
t h e p a s t fiv e y e a r s w e r e 1 8 p e r c e n t , a s
s h o w n b y th e r e p o r t o f th e J C o m p tro H e r
o f th e C u rre n cy fo r 1 8 9 1 .
F n n d s m a y h e s e n t dJ r e c t t o t h e B a n k ,
a n d s t o c k c e r t iflc a t » w i l l h e Io r w a r d
ed at on ce.
F o r s ta te m e n ts , lis t o
s to c k h o ld e r s , a n d t u r th e r p a r t ic u la r s
ad d ress
H E N R Y O L IV E R ,
JPr e s i d e n t .
A . O . Slaughter & C o.,
Jos. G. Platt, G. E .,
BAN KERS,
CONSULTING ENGINEER,
R . T . Wilson & C o.,
C H ICAG O , IL L S,
W A T E R F O R D , N. Y ,
B A N K E R S A N D C O M M IS S IO N M E R C H A N T »
Chicago S e c u r i t i e s Bought and Sold.
Examinations and Reports for Investors.
1 1 1 -1 1 3 L A B A L L S S T R E E T ,
33 Wall
S tr e e p
New
Y ork.
THE CHRONICLE.
2
>e p o r t o f t h e c o n d it io n o f t h e
Fourth Street National Bank
at PHILADELPHIA,
D E P O R T O F T H E C O N D IT IO N O F T H E
1-U P H E N I X N A T I O N A L B A N K , o f f ^ e C i i y
o f N ew Y o rk , at N ew Y ork , in t h e ^ ta te o f N ew
Y o rk , a t t h e c lo s e o f business . M ay 17, lovt.
D E P O R T O F T H E C O N D IT IO N O F T H E
K l N A T I O N A L B a n k O P T H E R E P U B L IC , a t
N ew Y o r k , in t h e S tate o f N ew Y o rk , a t th e c lo s e o f
bu sin e ss M ay 1, 1ö92 :
resou rces.
Loans and d is c o u n ts ...................................$12,658,086 92
O verd ra fts, se cu re d and u n s e c u r e d —
852 64
270,000 00
U.S. b o n d s t o se c u r e cir c u la tio n ...........
U . S. b o n d s t o secu re d e p o s its ..............
00
S tock s, s e cu ritie s, & c — ........................
841,153 41
D ue fr o m o t h e r n a tio n a l b a n k s.............. 1,843,49 1 97
D u e fr o m S t a t e banks a nd ba n k e rs.......
184,710 40
B a n k in g h o u s e , fu r n itu r e and fix tu re s
637,684 16
43,479 14
C u rren t e x p e n s e s and ta x e s p a id .........
P rem iu m s o n U. S. b o n d s ,.......................
6 i,t 5J
C h ecks & o th . cash ite m s
$36,385 10
E x ch an ges f o r C le a rin g H o u s e .................................
5! 2.\i£?
153.731 00
Bills o f o t h e r h a n k s.........
F raction al paper c u r r 'c y ,
n ick els an d c e n t s .........
_
135 uu
S p e c i e . . . . . . . . . . . . . . . . . . . . . 1,561,500 0y
818,945 00
L ega l te n d e r n o t e s .........
U .S . C ertificates o f d e p o sit f o r le g a l te n d e r s 1,500,000 00
R e d e m p tio n fu n d w ith
RESOURCES.
L oans a nd discount«1 ..................... •••••
.
O v e rd ra fts, se cu re d and u n s e c u r e d . . .
U.S. b o n d s t o secu re c ir c u la tio n ..............
JS
ogJJuu uu
L o a n s a n d d is c o u n t s .................................. $7,183,487
MW,000
U . S. b on d s t o se c u r e cir c u la tio n .........
O th er stock s, b o n d s an d m o rtg a g e s . . .
968,583
D u e fr o m a p p ro v e d r es e rv e agen ts . . . 1,346,582
D u e fr o m oth er n a tio n a l b a n k s ............
584,529
D u e fro m S tate ban ks a n d b a n k e r s .. . .
2a,393
C u rren t ex p e n s e s and ta x e s p a id .. . . . . .
4,320
P rem iu m p aid on b o n d s f o r cir c u la tio n
lrf9,044
277,u o
C h eck s and o th e r cash ite m s ..................
E x ch a n g e s f o r c l ear lo g -h o u s e ................
500,226
B ills o f Other b a n k s ........... Q99 7ft
F r a c tio n a l p ap er cu r ’ n cy, n ick e ls & cts.
g - 922
13
00
89
51
09
91
92
14
53
05
S tock s,secu rities,etc............................
o i i 'l t . As
L e ^ i t t e n d e r n o t e s ......................................
120,947
U . l . ce r t-fs o f d e p o s it f o r le g d te n d e r s
830,000
R e d e m p tio n fu n d w t h U .S. T rea su rer
(n o t m o r e th a n 5 p. c. o n c ircu la tio n )
38. <00
........................................ $13,462,316
60
00
RESOURCES.
78
00
45
20
22
0
0
19
12
D ue fr o m o th e r n ation a l ban ks..............
D u e fr o m S tate ban ks ana h a n k e r s .. . .
£ ',8 6 i
C u rren t e x p e n s e s an d ta x e s p a id .........
51
P re m iu m s o n U n ite d S tates b o n d s ...
» .‘ *00
C h ecks and o t h e r cash ite m s ..................
Sew
E x ch a n g e s f o r C learing H o u s e ..............
633,2« <
34,343 00
B ills o f o t h e r b a n k s—
F r a ctio n a l p ap er c u r r e n c y , n ick e ls and
405 16
ce n ts .............................................................
S p e c ie -............................................................... 1,073,«OO 00
103,500 00
L ega l t e n d e r n o t e s ................... .
U . 8. ce r tific a te s o f d e p o s it f o r le g a l
860,000 00
te n d e r s ..................... . •,•••_
..............
R e d e m p tio n fu n d w ith U 8. l r e a s u r 2,250 00
urer (5 per c e n t o f c ir c u la t io n )..........
«0
0
T o t a l........................................................... $8,948,042 08
L IA B IL IT IE S .
L IA B IL IT IE S .
C apital s t o c k paid i n .................................... $1,500,000 00
Su rplu s f u n d .............................
7o0,000 00
U n d iv id e d p r o fits . ......... •••••*•■...............
r - l b l n n no
N ation a l ban k n o te s ou ts ta n d in g . . . . . .
<74,000 00
In d iv id u a l d ep osits s u b je c t t o c h e c k .. 6,099,892 91
D e m a n d certifica tes o f d e p o s it..............
»0,836 <3
C a sh ier’ s ch e ck s o u ts ta n d in g ..................
456, <00 46
D u e t o o t h e r n a tion a l b a n k s.................... 2,329.1o2 37
D u e t o S tate ban k s and b a n k e rs ............ 1,450,607 54
T o t a l .......................................................... $13,462,316 45
S ta te o f P e n n s y lv a n ia , C ou n ty o f P h ila d e lp h ia , ss.:
I R . H . liUSHTON, C a sh ier o f t h e a b o v e -n a m e d
batik, d o so le m n ly sw ea r th a t t h e a b o v e sta te m e n t
is tru e t o t h e b e s t o f
|n ^ e fh ie r.
0d Ca
Capital s to c k paid in ................ .................. 51
'000 00
Surplus f u n d ...................................................
49?,000 Vi
U n d i v id ed n flts............ ............................
L
I Tn d ividA d p ro fits—
000 00
N ational ban k n o te s ou tstan d in g
723 60
D ivid en d s u n p aid ......... . . . . . . . . . . . . . . . . .
3,898,719 <5
In d iv id u a l d ep osits s u b je c t t o c r i e k .
22,125 nQ
00
D em a u d certifica tes o f d e p o s it ............ .
<»
C ertified c h e c k s ...........................................
Cashiers’ ch eck s o u ts ta n d in g ..................
9,8 j 5 63
D u e t o o th e r n ation a l b a n k s .................. 2,665,444 84
D u e t o S tate banks an d ba n k e rs.........
708,168 J3
.................
MERCANTILE NATIONAL BANK
o f th e c it y o f N ew Y o rk , at th e c lo s e o f business
M ay 17,1892:
RESOURCES.
L o a n s and d is c o u n ts ................................... $9,801,677 ¿9
50.00U to
14 ‘ 00 uu
200,000 00
.
63
Capital s to c k p aid i n ? ^ ..............................
«on non no
U ndivid ed profits, n e t............ . ................
N ation a l ban k n otes o u t s ta n d in g .........
167,704 13
4o,000 00
66
33
31
60
70
45-12,162,909 Oo
T o t a l................................. .........................$14,295,613 18
S ta te o f N ew ’ Y ork , C ou n ty o f N ew Y o r k , ss :
1, F r e d ’ k B. SCHKNCK, Cashier o f t h e a b o v e n a m ed bank, d o so le m n ly sw ear th a t t h e a b o v e
sta te m e n t Is tr u e , t o t h e b e s t o f m y k n o w le d g e and
b e lie f .
F R E D ’K B. SC H K N CK , Cashier.
S u b scrib ed an d sw orn t o b e fo r e m e th is 20i t day
o f M ay, 1892.
F. A . K. Br y a n ,
C orrect—A t t e s t :
N o ta ry P u b lic, N ew Y o r k Co.
IS A A C W A L L A C H , )
R . H . W IL L IA M S ,
> D ire cto rs.
W M . P . ST . JO H N , )
ST. LOUIS.
Sa m ’l a . Ga y l o r d ,
jno. h
. Bl e s s in q .
Gaylord, Blessing & C o.s
B A K K E B S AND B B O E E B S ,
ST5\ L O U IS .
W ESTERN
HIGH
GRADE
S E C U R IT IE S A N D
MUNICIPAL
BONDS
CHARLES HODGMAK
Whitaker 6c Hodgman,
BOND AND STOCK. B R O K E R S ,
8 0 0 N o r t h F o u r t l i S tre e t)
S T . L O U IS .
Geo. M . Huston 6c Co.
B O N D AN'D S T O C K
DEALER«
W e b u y a n d sell o u trig h t a ll W e s te rn
M unicipal B on d s an d Stocks. W e
c h e e fu lly fu rn ish fu ll and reliable in
fo rm a tio n con ce rn in g any W e s te rn se
cu rity w ith ou t ch a rge , m on th ly q u o
ta tio n circu lar m ailed t o all applicants.
N ew issu es o f m unicipal bonds w anted.
30 5 P IN E
S T R E E T , SY.
K
40
0
45
IF E P O R T O F T H E C O N D I T I O N O F T I 1 E
f c i G A L L A T I N N A T I O N A L B A N K , a t New
Y ork City, in th e S tate o f N ew Y ork , at t h e c lo s e o f
business M ay 17,1892:
resou rces.
L o a n s an d d is c o u n ts ................................. $5,125,^ 9 27
O ve rd ra fts, s e c u r e d . . . . . . . . . . . . . . ..............
i,»3 0
U. S. b o n d s t o se cu re c ir c u la t io n .......
50,000 00
Stock s, se cu ritie s, e t c . . . . . . . . . . ............
740,269 50
D u e fr o m o t h e r n a tio n a l b a n k s...........
240 046 97
D ue fr o m State banks and b a n k e r s...
I6,03o 33
B a n k in g -h o u s e , fu r n itu r e and fix t ’res.
50^,000 00
O th er real e sta te & m o rtg a g e s o w n e d .
4,500 00
17,965 58
C u rrent e x p e n s e s and ta x e s p a i d .......
C h eck s an d o th e r cash ite m s ...................
.
1,638.616 75
Kx< han ges f o r C learing H o u s e ..............
B ills o f o th e r h a n k s .. .. .. . . . . . . . . .
47’99o 22
F r a c t’l p ap er c u r ’ cy, n ick els an d ce n ts
142 63
Snppip
.......................... ‘..........................
J,o9o,71«i U
U
L e ga l-te n d e r r o t e s ..........................•••••••
249,610 00
U .S . e ertific ites o f d e p o s it f o r legalte n d e rs
.................................................
500,000; 00
R e d e m p tio n f u n d w ith U. S. T reasu re r (6 per ct. o f c ir c u la tio n )..............
, oo
K
ä
i
w
»-
T o t a l............................................................
LIABILITIES.
20
Capital sto c k p aid i n ................................... ^ ’ kVa’ aoo no
U n divid ed p ro fits.........................................
ii
N ational ban k n o te s o u ts ta n d in g .........
24^,150 uu
D ivid en d s u n p a id .................... - •.. •■■••••
I8,4»4 uu
Ind. dep. s u b .t o c h e c k ... $3,525,784 63
D em and c e r t ’s o f d e p o s it
2^,077 90
C ertified c h e c k s ................
229,330 25
C ashier’s c h e c k s o u t s t ’g .
39,314 27
U n ite d States deposits..
lOO.OoO 00
D ue t o o th e r nat. ban k s. 11,S3'>,583 16
Due t o S tate bks.& b ’kers 3,370,287 61-18,624,287 85
T o ta l
i ...............................................$21,297,598 29
State o f N ew Y ork. C ounty o f New York, ss.:
1, O l i v e r S. Ca r t e r , P r e s id e n t o f t h e a b o v e nam ed bank, d o s o le m n ly sw ear th a t th e a b o v e
sta te m e n t is tru e , t o th e b e s t
^
¡.n<*
b e lie f.
O L I V E R S. C A R T E R , P res id en t.
8n b scrib ed and sw o rn t o b e fo r e m e th is 23d day
o f M ay I8a3.
e l is aa K . c a m p,
' C o n ent— A t t e s t :
N ota ry P u b lic, N. Y .
W I L I I A M H . T I L L I N G H AS T, 1
C H A S . R. I L IN T ,
[ D ir e c to rs .
W M. BARBOUR,
<
e p o r t
o f
t h e
c o n o it io n
o f
t h e
t e
0 N ew TYHrkR D N ewTYIork, A L t hBe A N K , ooff Nhewc u y o f,
3 R o I , at N A O N in
S ta te
Y ork
at th e c lo s e o f busin ess M ay 17,1892:
RESOURCES.
■
Loans an d d is c o u n ts.......................... ••• $J,6;>4,844 ?V
••
O verd ra fts, secu red and u n se cu re d . . .
.UI
U. S. b o n d s t o se c u r e cir c u la tio n ...........
ou.uuo uu
Stock s, se cu ritie s, & c ..................................
D ue fr o m o th e r n a tio n a l ba n k s............
böi.u.su
D u e fr o m State banks a n d bankers . . . .
57,4b»
B a nking h o u s e , fu r n itu r e a n d fix tu re s
5,000 00
O th er re a l e sta te & m o rtg a g e s o w n e d .
193,608 7«
C u rrent e x p e n s e s a n d t a x e s p a id .........
»|,U
la
P rem ium s o n U n ite d States b o n d s —
»,öB i °u
Checks an d o t h e r cash
ite m s ........... ....................
$oU- 99
E x ch a n g e s f o r C learing
H o u s e .. .............................. 1,719,600 39
Bills o f o th e r ba n k s ........
1,337 00
$10,766,685 94 F ra ct o n a l paper c u r r ’ cy,
Tofcaj ..........................................
n ick e ls a n d c e n ts ............
¿0 y«
LIABILITIES.
S p e cie ,............ ......................
589,851 bo
C apital s to c k p aid in ................................... *}'mnnnn nn L e g a l-te n d e r n o t e s .......
658,503 00
Surplus f u n d ................................................
2V U. S. c e rtifica te s o f de__„ „ „ „ „
„
0U n d iv id e d p r o fits ............
. .. .. .............
no
p o s it f o r le g a l-te n d e rs.
431,000 00—
399,127 25
N ational ban k n o te s o u ts ta n d in g ...............
45,000 00 R e d e m p tio n fu n d w ith U. S. TreasurD iv id e n d s u n p a i d . . . . . . . . . . . .
••••••• o o i o i v « ; * «
er (5 p er c e n t o f c ir c u la t io n )..............
, ou uu
In d iv id u a l d e p o sits s u b je c t t o c h e c k ..
3,812,175 58 D u e fr o m U. 8. T r e a s u r e r (o th e r th a n
D em a n d ce rtifica te s o f d e p o s it ..................
l.oa o
i,uuu uu
Certified ch e ck s, a c c e p te d d r a ft s ...............
1,243,60681 5 p er c e n t r e d e m p tio n fu n d )................
C a sh ier’s ch e ck s o u ts ta n d in g ......................
101,500
T o t a l ......... ................................................. $9,380,856 06
D u e t o o th e r n a t ’l b a n k s ................................
2,363,19183
D u e t o S tate ban ks a n d b a n k e r s ..................
........ $1.°09-99®
Capital stock paid
50,000 00
T o t a l ................................................................. $10,766,68594 Surplus f u n d . .. .. . ................... .....................
49,784 63
U n d ivid e d p r o fits .........................................
S tate o f N ew Y o r k . C o u n ty o f N ew Y o r k , ss:
*
44,120 00
N ational b a n k n o te s o u ts ta n d in g .........
I, A r t h u r W . S h e r m a n , Cashier o f t h e a b o v e In d iv id u a l d e p o sits s u b je c t
nam ed bank, d o s o le m n ly sw ear th a t th e a b o v e
t o c h e c k ..................... ..$3,135,351 90
sta te m e n t is tr u e , t o t h e b e s t o f m y k n o w le d g e and D em a n d c t fs . o f d e p o s it ...
13.J04 35
b e lie f.
A . W . S H E R M A N , C a shier.
C ertified c h e c k s ..................
^
S u b scrib e d an d sw o rn t o b e fo r e m e th is 21st day C ashier’s c ’ks o u tstan d in g
352,360 7»
D ue t o o th e r nat. ban k s.. 3,9JiO,7ol to
o f M ay, 1892’h l b r a y n A h d , N o ta ry P u b lic.
D b L k ° e r f . ^ e .ban.k ? .a “ d.
« 1 .1 5 7 1 0 - 8,238,951 43
Correct—A tte s t:
____ _
W . E M L E N R O O S E V E L T ,)
T o t a l......... ............... ................................. $9,380,856 06
A D R I A N IS E L IN , J r .,
[ D ir e c t o r s .
^
____________
S tate o f N ew Y o r k , C ou n ty o f N ew Y o r k , ss:
I, H e n r y Ch a p i n , J r .,Cashier o f th e ab o v e -n a m e a
ban k, d o so le m n ly sw ea r t h a t t h e a b o v e sta te
m en t is t r u e t o t h e b e s t o f m y k n ow led g e and
b e lie f.
H E N R Y C H A P IN , JR-, Cashier.
S u b scrib ed
hvS
n fM -iv 1RU2 and sw orn t o b ®f H .enrP®Tt4 i i r d d 7
E . ^ CALLANAN,
1 8 11
LO U IS, MO.
31
28
22 0
0
22
0
0
0
0
621,551 »
0
Minneapolis Trust C o.,
M IN N E A P O L IS . M IN N E S O T A .
0 C o r r e c t -A t te s t :
C A P IT A !., $500,000.
R e a l E sta te L e a n s .
^ CTTTT?pw
N ota ry P u b lic .
B Kh . H’iH X m T A A -lN G , ( D ir e c to rs .
JOHN W . STERLING,
)
S a f e t y D e p o s i t V a u lt s .
A c t s a s E x e c u t o r , T r u s t e e a n d G u a r d ia n .
D E P O S IT O R Y F O R W IL L S .
A S P E C IA L T Y .
E d w a r d s W h it a k e r .
0
0
81 <022
0
Total.......................................... ,...$14,295,613 18
I n W d u ì l s T . ..........................$4,653,776
N ation a l b a n k s ..................... 5,315,497
S tate banks and ban k ’ r s ... 1,869,606
D em a n d c erts, o f d e p o s it.
15,209
C ertified c h e c k s ......... .
289,007
C ashier’s ch eck s o u ts t’g ..
20,811
100,000
__________
_
T o t a l . . . . . ................................................. $8,948,942 08
S tate o f N ew Y o r k , C o u n ty o f N ew Y o rk , s s ;
1. A l f r e d M. B u l l , C ashier o f t h e a b o v e nam ed
bank, d o s o le m n ly sw ear th a t t h e a b o v e sta te
m en t is tr u e , t o t h e b e s t o f m y k n o w le d ge and
C orree'.— A t t e s t : c _ T_ C R A G IN .
>
b e lie f
A L F R E D M. B U L L , C ashier.
K. A . H A N C O C K , > D ire cto rs.
S u b scribed and sw orn t o b e fo r e m e th is 23d day
W . A . D IC K ,
) .
o f M av 1892.
GEO. H . C o r e y .
S u b scrib ed and s w orn t o b e f o r e m e th is 23d day
A t t e s t ^ p00T„
N o ta ry P u b lic.
07 M ay, 1892.
W . J . P. ALLEN.
v
N o ta ry P u b lic .
JO N A T H A N T H O R N E , > D ire cto rs.
E U G E N E D U T IL H ,
J
T J E P O I iT O F T H E C O N D IT IO N O F T H E
U . S. b on d s t o secu re c ir c u l a t i o n .........
O th er s tock s an d b o n d s ............................
R e a l esta te, ban kin g h o u s e .. ■ •••••• •••
Hnpoie
........................... $1,403,506 06
L e g a l-te n d e r n o t e s ---------- 1,051,250 00
B ills o f o th e r b a n k s............
g, <93 00
C h ’ks and oth er cash item s
8,277 01
E x ch a n g es f o r c l ’itig h o u se 862,241 54
D u e fro m nation al b a n k s .. 832,269 i i
D u e fr o m S tate banks and
b a n k e rs .............. . . . . . . . . . . . 52,813 88
R e d e m p tio n fu n d with. U.
S. T rea su rer (5 p er c e n t
o f c ir c u la tio n )....................
2,2o0 00
D u e fr o m U . S. T rea su re r
o t h e r th an 5 p er c e n t r e d e m p tio n f u n d
10,000 00—4,229,400
LIV.
gatih ^tatemeuts.
In th e S tate o f P e n n s y lv a n ia , a t t h e c lo s e o f b u s i
n e s s o n M ay 17, 1892:
10
ol.
g&uk j&latemehts.
gattfc Statements.
t
[V
P . O. B O X
1 ,0 0 0 .
C a b le A d d r e s s “ T r u s t ” M i n n e a p o l i s .
D IR E C T O R S .
Sam uel H ill, P r e s id e n t ; T h o m a s L o w r y , F irst V ic e P r e s id e n t; H . F . B row n , S e co n d V ic e -P r e s id e n t;
D aniel B assett, T h ird V ic e -P r e s id e n t; Clarkson
L in d ley, S ecretary and T re a s u re r; Isaac A tw a te r,
Jas. J. k i l l , R . B. L a n gd o n , A . F . K e lle y , W . G .
N orth rn p yW m . H . D u n w o o d y , C. G-. G o o d rich , Chas.
A . PU lsbury, A . H . L in to n . P . B . W in s to n .___________
S. H . W ood & C o.,
INVESTMENT BANKERS,
G u a r a n te e L e a n B u ild in g ,
M IN NEAPO LIS,
MINN.,
D ealers In t h e h ig h e st class o f M in neapolis Securi
tie s, B a n k Stocks, M ortg a ges and B on d s.
COBRXSPONDXHCB SOLICITED.
W. T. IRWIN.
FRANK ELLIS.
F. H. BALLMANN
Irwin, Ellis & Ballmann,
SUCCMSORS TO
Morehead, Irwin & Co.,
Stock, Bond and Note Brokers,
51
NO.
W EST
T H IR D
STREET,
C IN C IN N A T I, O H IO .
S O IT H E K N
California Securities
O F T H E H IG H E S T C H A R A C T E R ,
y P e r C ent D eb en tu re B on d s.
8 P e r C ent G u a ra n te e d M o rtg a g e s.
W.
R. T.
Johnston,
60 B R O A D W A Y , N E W Y O R K .
THE CHRONICLE.
May 28, l';92.
Ito li Hiatemjents.
xi
fault jltatcmcuts.
I n s u r a n c e .
T ) E I ’ O R T O F T H E C O N D IT IO N O F T H E
XV A M E R IC A N E X C H A N G E N A T IO N A L
B A N K , a t N ew Y o r k , in t h e S tate o f N ew Y o r k at
t h e c lo s e o f busin ess on t h e I7ih d a y o f M ay, 1892:
T > E P O R T O F T H E C O N D I T I O N <*F T H E
XV F I R S T N A T I O N A L B A N K , a t
RESOURCES.
in t h e S tate o f N ew J e rs e y , a t t h e c lo - e o f business,
M a y 17th, 1892:
L o a n s and d i s c o u n t s .................................. 517,491,264 63
O v e rd ra fts ...........
12,423 86
50,000 00
U . S. b on d s t o se c u r e c ir c u l a t i o n .........
U . S. b ou d s o n h a n d ...................................
465,000 00
S tock s, secu rities, e t c ................................
194,445 57
D u e fro m o t h e r n ation a l b a n k s............ 2,189,014 00
D u e fr o m S tate and p r iv a te ban ks and
252.384 87
b a n k e r s .........................................................
300,000 00
B a n k in g h o u s e .. ........................................
O th er real e sta te a n d m o r i’g e s o w n e d .
27,160 oO
P rem iu m o n U. 8. b o u d s ............................
81,443 76
C h eck s and o t h e r cash it e m s ...................
201,348 63
E x ch a n g es f o r C learing H o u s e .............. 2,874,169 97
B ills o f o t h e r b a n k s ...................................
94,556 06
S p e c ie ..............................................................
2,253,670 26
L e g a l-te n d e r n o t e s ..................................... 2,692,319 00
U . S. c ertifica tes o f d e p o s it f o r le g a l
t e n d e r n o t e s ...............................................
805,000 00
R e d e m p tio n f u n d w ith U .8 T "e a s u re r______ 2,250 00
T o t a l ............................... ................... ....« 2 9 ,9»9.345 95
LIABILITIES.
C apital s to c k paid i n ................................... «5,000,000 00
S u rplu s f u n d .....................................
1,86o,o66 66
U n d iv id e d p ro fits....... .................................
387,464 8o
N ational bank n o te s o u tsta n d in g ..........
44,040 00
D iv id e n d s u n p a id ............ ...................
28,141 00
In d iv id u a l d ep osits s u b je c t t o c h e c k ... 12,554,9i8 02
D em a n d certifica tes o f d e p o s i t .............
194,585 54
C ertified c h e c k s ...........................................
1,548,l>4 36
D u e t o o th e r n ation al b a n k s ................... 5,119,870 08
D u e t o State & p rivate banks & b ’nk ers 3,312,206 15
T o t a l........................................................... $29,089,345 95
S ta te o f N ew iTork, C ou n ty o f N ew Y ork , ss •
I, E d w a r o B u r n s , C ashier o f T h e A m erican
E x ch a n g e N ational Bank, o f th e C ity o f N ew Y o r k ,
d o s olem n ly sw ear th at th e a b o v e s ta te m e n t is tru e
t o th e best o f m y k n ow led g e an d b e lie f.
E D W A R D B U R N S , C ashier.
Sw orn t o an d s u b s crib ed b e fo r e m e th is 25th day
o f M ay, 1892.
J. J. h e n n k t t ,
N o ta ry P u b lic , K in gs Co.
C ertificate filed in N ew Y o k Co.
C o r r e c t—A t t e s t :
JO H N T. T E R R Y ,
)
w m . p . D IX O N ,
> D ire cto rs.
__________________ D U M O N T O L A « K E .) _____________
D E
XV
C ity
N ew
P O R T O F T H E C O N D IT IO N O F T H E
F O U R T H N A T IO N A L
BANK
o f th e
o f N ew Y ork, a t N w Y r k , in t h e S tate o f
Y o r k , at th e c los e o f b u sin ess M ay 17,1892:
RESOURCES.
.$23,867,236
L oa n s an d d iscou n ts,
O v e rd ra fts , s e cu re d an d u n s e c u r e d ....
434
56,0 >0
U. S. b on d s to se c u r e c ir c u la t io n ...........
S to ck s , secu rities, & e..................................
124,663
D u e fr o m o th e r n a tion a l b a n k s .............. 1,477,891
D u e fr o m State ban ks aud b an k ers.......
160,073
B a n k in g h ou se, fu r n itu r e and fix tu re s.
600,000
C h ’ks and o th e r cash item s
$35,60-5 91
E x c h ’ s f o r C learing H o u s e 5,850,855 45
B ills o f o t h e r ban ks ...........
4,287 00
N ick els an d c e n t s ............
6 61
S p e c i e .................. ................ 6,157,96s 50
L ega l te n d e r n o t e s .............. 480,000 00
U . S. certifica tes o f d e p o s it
f >r lega l te n d e r s ................ 210,000 00-12,738,724
R e d e m p tio n fu n d w ith U . 3 .T rea su rer
(5 Der c e n t o f cir c u la tio n ) ..................
2,256
D u e fr o m U. S. T rea su rer (o th e r th a n
5 per c e n t red em p tion f u n d ) ................
15,000
65
34
00
08
49
83
00
T o t a l .......................... ............................ $39,036,273
LIABILITIES.
C apital s to c k paid i n .....................................$3, 200,000
Surplus f u n d . . .............................. 1 ,500,000
U n d iv id ed profits, n e t .................................
803,094
45.000
N a tion a l b a n k n o t e s o u ts t a n d in g .........
D iv id en d s u n p a id . . . . . ___ ........................
12,164
In d iv id .d e p o s.s u b .to chk.$13,474,620 54
D em a n d e e r tif. o f d e p o s it
185,949 50
C a sh ier’s ch eck s o u t s t ’ dg
li-;0,541 50
D u e t o o th e r n a t’l b a n k s. 15,006, t i l 87
D u e t o State b ’ks & b ’kers 1,378,456 14-31 ,155,679
D ep os its h e ld f o r a c c e p ta n c e s ................. 2. 760,335
86
1
00
00
00
00
68
(-0
00
55
58
T o t a l........................................................... $39,036,273 86
S ta te o f N ew Y o rk , C ou n ty o f N ew Y o r k , ss:
1, C h a r l e s H . P a t t e r s o n , C ashier o f th e a b o v e n a m e d bank, d o solem n ly sw ear th a t t h e a b o v e
s ta tem en t is tru e t o th e b e st o f m y kn ow ledge and
b e lie f.
C H A R L E S H . P A T T E R S O N , Cashier.
Subscribed and sw orn to b e fo r e m e th is 21st day o f
May, 1892.
D . O. F a n n in g .
C orrect A t te s t:
N o ta ry P u b lic.
J. E D W A R D S M M ON S, t
C O R N E L IU S . N. B L ISS, > D ire cto rs .
K . T. W IL S O N ,
)
A s s e t s B e e . 3 1 , 1 8 9 1 ........ $ 6 , 7 3 7 , 9 S 8 2 7
S u r p l u s ........................................
6 4 9 ,0 4 1 0 5
1850.
1892.
The United S :ates Lite
Insurance Co.
IN T H E C I T Y O F N E W
RESOURCES.
L oans an d d is c o u n ts ...................................$1,502,760 72
------| b o n d s t o se c u r e cir c u la tio n .
‘
f.0,000 00
U. S.
50.000 00
U. S. bonds t o secure deposits..............
23*029 11
Stock s, se cu ritie s, e t c ................................
527,834 62
Due from approved reserve a g e n ts ___
12,109 05
D ue fr o m o th e r n a tio n a l banks .........
12,5.2 09
Due f r o m State banks and ban k ers.......
74.000 (0
B a n k in g h o u s e , fu r n it u r e & fix t u r e s ...
2.700 00
O th er real e s ta te an d m o r t ’g e s o w n e d .
13,571 65
C u rrent e xp en ses and ta x e s p aid ..........
1 4,0'0 00
Prem ium s o n U. S. b o n d s ..........................
24,048 14
C h ecks and o th e r cash ite m s...................
5,318 00
Bills o f o t h e r ba n k s....................................
1,443 00
F ra ct’l paper c u r ’n ey, n ick e ls & c e n t s . ..
33.012 50
S p e c i e ............................................................
110,088 00
L e g a l-te n d e r n o t e s ......................................
R e d e m p tio n fu n d w ith U. 6. T reasu rer
(5 p er c e n t o f c ir c u la tio n )......................
2,250 00
D u e fr o m U. S. T reasu rer, o th e r th a n
1.000 00
5 p e r c e n t r e d e m p tio n f u n d ..................
T o ta l..-..................... .................................. $2,881,336 94
L IA B IL IT IE S .
Capital s t o c k paid in ...................................
$400,000 00
Surplus fu n d .............. . . . . . .......................
100,000 00
U n d iv id e d p r o fit s .....................................
208,814 90
N ational ban k n o te s ou tsta n d in g ...........
45,600 6o
In d iv id u a l d ep osits su b
j e c t t o c h e c k ......................$1,071,167 63
D em a n d c t fs . o f d e p o s it.
3,100 0 )
C ertified c h e c k s....................
9,941 70
C ashier’s c h ’ ck s o u ts t’d ’g .
93 70
50,OoO 00
U. 8. d e p o s it s .......................
D ue t o o th e r n a tio n a l
ban ks.....................................
178,721 61
D ue t o S tate banks and
b a n k e r s ...................................
14,481 40
1 927,572 04
................................... $2,681,386 94
T o t a l..................
S tate o f N ew J e rse y , C ou n ty o f P a ssa ic, ss:
I, Bd w a r h T . B e l l , C ashier o f th e a b o v e -n a m e d
ban k , d o so le m n ly sw ear th a t th e a b o v e s t a ! em eu s
is tru e t o th e best o f m y k n o w le d g e a nd b e lie f.
E D W A R D T. B E L L , Cashier.
S u b scrib e d a n d sw o r n t , b e fo r e me th is 21st d a y
o f M ay, 1892.
w. H. W i l l i a m s ,
N o ta ry P u b lic fu r N. J.
C o r r e c t—A tte s t:
JO H N J. B R O W N ,
)
G A R R E T A . H O B A R T , > D ire cto rs.
J. W . CLEV ELA N D ,
D E P O R T O F T H E C O N D IT IO N O F T H E
XV U N IT E D S T A T E S N A T I O N A L B A N K A T
N E W Y O R K , in th e State o f N ew Y ork, at th e clo se
o f business, M ay 17th, 1892:
RESOURCES.
47
YO RK .
N E W IN S U R A N C E W R IT T E N .
L o a n s and d is c o u n t s ................................... $5,569,619 55
O ve rd ra fts, s ic u r e d and u n secu red .......
26,255 29
U. S. b o n d s t o se cu re cir c u la t io n ...........
500,600 00
S tock*, s ecu rities, e t c .................................
114,067 49
Dije fr o m o t h e r national b a n k s ..............
630,457 14
D u e fr o m S tate banks and h a n k e r s .. . .
i’4,6 4 00
B anking h ou se, fu r n itu r e a u d fix tu re s
5S‘),0H5 93
C u rren t e x p e n se s and ta x e s p a id .........
15,63 > 88
P rem iu m s o n U. S. b n d s.........................
88 5l<5 98
Che ks & <t n e r cash ite m s
$5,91o 33
E x ch an ges l o r C learingH o u s e ...................................
463 102 90
B ills o f o th e r b a n k s..........
19,100 u6
F r a ctio n a l p ap er c u rr’ n cy,
n ick e ls an d c e n ts ..............
99 41
S p e c i e .. . . ................................. 1,928,542 60
L e g a l te n d e r n o t e s ............
020,900 00
R e d e m p tio n fu n d w ith U.
S. T re a su re r (5 p er ce n t
o f c ir c u la tio n )...................
22,500 00
3,005 160 64
1
T o t a l___>................................................... $10,174,362
LIABILITIES.
C apital s to c k paid i n ...................................
$500,000
Surplus f u n d ..................................................
600,000
65,646
U n d ivid ed p r o fits ..........................................
439,720
N a tio n a l han k n o te s o u t s t a n d in g .........
In d iv id u a l d e p o s its s u b
j e c t t o c h e c k ....................... $2,745,920 72
D em a n d ce rtifica te s o f d e
p o s it ......................................
15,398 57
G u a ra n te e a c c o u n t, a c
c e p te d c h e c k s ....................
211,555 49
C a sh ier’s ch e ck s o u t s t ’d ’g
11,"44 95
D ue t o o t h e r n a t ’i ban ks. 4,116,400 94
D u e t o S ta te ban ks and
b a n k e r s ..................... •
......... 2,088,617 20
9.168,993
30
00
00
49
00
87
T o t a l....................................................... .$10,674,362 36
S ta te o f N ew Y o rk . C o u n ty o f N ew Y o r k , ss:
I, H . C. H o p k i n s , C ashier o f th e a b o v e -n a m e d
batik, d o s o le m n ly sw ea r th a t t h e a b o v e s ta te m e n t
is tr u e t o t h e best o f m y k n o w le d g e and b e lie f.
H . C. H O P K IN S , Cashier.
R u b s c 'lb e d and sw o rn t o b e f o r e m e th is 21st day
o f M ay, 1892.
W i l l i a m Sh i l ( a b e r .
N o ta ry P u b lic, N ew Y o r k C o u n ty .
C o rre ct—A tt e s t :
J. H . P A R K E R .
)
TH O S. H . H U 8 B A R D , £ D ire cto rs.
W .P . T H O M P S O N ,
)
1 8 8 8 ... ....... $6,335,065 5011890.............. $11,955.157
1889......... .
8,463,626 00 11891....... .
1 4 ,i0 i,6 5 4 j
QEO. H. BURFORD3 President.
C. P . FR A LB IG H ,
A . W H E E L W R IG H T ’
Secretary.
Assistant Secretary
¡WM. T. STANDEN, A ctuary.
T he tw o m ost popular plans o f LIFE¿INSUR
ANCE are the CONTINUABLB TERM POLICY
which gives to the insured the greatest possible
am ount o f indem nity in the event o f death at the
low est possible present cash outlay; and the
G U A RA N TE ED INCOME POLICY,which embraces
every valuable featu re o f investm ent insnranoe,
and which, in the even t o f adversity overtaking
th e insured, m ay he used as C OLLA TER A L SE
C U R ITY FOR A LOAN to the extent o f the fu ll
legal reserve value thereof, in accordance with the
term s and conditions o f thesefpolicies.
G ood Agents, desiring to represent the Companyare invited to address J . 8 . G A F F N E Y , Super
n teadent o f Agencies, at H om e Office.
O F F IC E
PATERSON,
B o u g h t a n d S o ld .
S e n d fo
L is ts .
G E O . A. L E W IS & CO., B ankers,
13 a L A SALLE
S T R E E T , C H IC A G O .
JOSEPH GiLLOTrS
STEEL. PENS.
SOLD MEDAL)
Pa r is
e x p o s it io n ,
18891
THE HOST PERFECT O P S.
F EN
OF TH E
A T L A N T IC M U T U A L
Insurance Company,
N e w Y o b k , J a n u a ry 2 5 th , 1 89 2 .
T h e T ru stees, in co n fo r m it y w it h th e C h a rte r
o f th e C o m p a n y , s u b m it th e fo llo w in g s ta te
m e n t o f its affairs o n 3 1 s t d a y o f D e c e m b e r ,
1891.
P rem iu m s o n M a rin e S is k s fr o m
1 st J a n u a ry , 1 8 9 1 , t o 3 1 st
D e c e m b e r, 1 8 9 1 . . . . . ................. $ 3 ,8 6 2 ,6 8 7 9 7
P re m ’ m s o n P o licie s n o t m a r k e d
o ff 1 st J a n u a ry , 1 8 9 1 .................
1 ,3 9 4 ,1 7 7 8 7
T o ta l M a rin e P re m iu m s ........ ¥ 5 ,25 6 ,8 6 5 8 4
P rem iu m s m a r k e d o ff f r o m 1stJ a n u a ry , 1 8 9 1 , t o 3 1 s t D e
ce m b e r, 1 8 9 1 . . . . ........................5 3 ,7 8 4 ,7 2 3 3 6
L o sse s p a id d a r in g th e sam e
P e r io d ......................................$ 1 ,8 3 6 ,3 2 5 11
R e tu rn s o f P re m i
u m s a n d E x p e n s e s .$ 7 8 4 ,7 9 0 57
T h e C o m p a n y ha s t h e fo llo w in g A ssets, v iz .:
U n ite d S tate* a n d S tate o f N ew
Y o r k S to ck , C ity , B a n k a n d
o th e r S to c k s .................................. $ 7 ,5 6 7 ,1 5 5 0 0
L o a n s s e cu re d b y S to ck s a n d
o t h e r w is e .......................................
2 ,0 0 9 ,1 0 0 0 0
B e a l E sta te a n d C laim s d u e th e
C om p a n y , e stim a te d a t .........
1 ,0 8 3 ,4 0 0 3 6
P re m iu m N o te s a n d B ills R e
c e iv a b le ...........................................
1 ,4 2 5 ,0 3 0 9 3
Cash in B a n k ....................................
1 9 3 ,8 9 5 88
A m ount
.$ 1 2 ,2 7 8 ,5 8 2 1 7
S I X P E R C E N T IN T E R E S T o n th e o u tsta n d
in g ce r tifica te s o f p ro fits w ill h e p a id t o th e
h old ers th e re o f, o r th e ir le g a l re p re s e n ta tiv e s,
o n an d a fte r T u esd a y, th e 2 d o f F e b r u a r y n e x t.
T H E O U T S T A N D IN G C E R T IF IC A T E S o f
th e issu e o f 1 88 7 w ill h e re d e e m e d a n d p a id to
th e h o ld e rs th e re o f, o r th e ir le g a l re p re se n ta
tiv e s, o n a n d a fte r T u e sd a y , th e 2 d o f F e b r u
a ry n e x t, fr o m w h ic h d a te a ll in te re s t th e re o n
w ill ce a se . T h e ce r tifica te s t o b e p ro d u c e d a t
th e tim e o f p a y m e n t a n d ca n ce le d .
A D IV ID E N D O F F O R T Y P E R C E N T is
d e cla re d o n the n e t e a rn e d p re m iu m s o f the
C o m p a n y fo r th e y e a r e n d in g 3 1 s t D e c e m b e r,
1 89 1 , f o r w h ic h ce rtifica te s w ill b e issu e d o n
a n d a fte r T u e sd a y , th e 3 d o f M a y n e x t.
B y o rd e r o f th e B o a rd ,
J . H . C H A P M A N , S ecreta ry .
TRUSTEESs
J. D . J o n e s ,
W . H . H . M o o re ,
A . A. B aven,
J o s e p h H . C hap m an,
Jam es L ow ,
W m . S tu rgis,
B e n ja m in H . F ie ld ,
J a m e s G . D e F o re s t,
W illiam D e g r o o t,
W illia m H . W ebb ,
H o r a c e G ra y ,
W illia m E . D o d g e ,
G e o r g e B liss,
J o h n L . B ik e r,
C. A . H a n d ,
J o h n D . H e w le tt,
C harles P . B u rd e tt,
H e n r y E . H a w le y ,
C harles H . M a rsh a ll,
C harles D . L e v e r ic h ,
E d w a rd F lo y d J o n e s ,
G e o r g e H . M a cy ,
L a w re n ce T u rn u re,
W a ld ro n P . B ro w n ,
A n s o n W . H a rd ,
Is a a c B e ll,
N . D e n to n S m ith,
T h o m a s M a itla n d ,
G e o r g e L . N ich o ls,
G u s ta v A m s in ck ,
J o s e p h A g o s tin i,
G e o r g e W . C am p b ell,
V e r n o n H . B ro w n ,
C h ristia n d e T h o m se n ,
L e a n d e r N. L o v e ll.
J O H N D . JO N E S , P re s id e n t.
W . H . H . M O O B E , V ice -P re s id e n t.
A . A . B A V E N , 2 d V ice -P re sid e n t-
THE CHRONICLE
x?i
IVOL. LIV.
I fiiip l
f e t t 0 U
$Êûtl0ÏT.
Trailer X. H atch ,
H e n r y P rescott H atch,
A r th u r M elvin H atch
Members o f N. Y. Stock and Produce Exchanges.
WOODW ARD
Sc S T IL L M A N ,
I N M A N , S W A N N & Co
MERCHANTS
1$ to 22 WILLIAM S T R E E T ,
-1 'S #
W . T* Hatch Sc Sons,
96 Broadway & 6 Wall St., New York.
COTTON MERCHANTS?
¥©RM .
Dealers in investm ent stocks and bonds.
Personal attention given at the N. Y. Stock E x
change fo r the purohase and sale on con mission o
stocks and bonds fo r cash or on margin.
Interest allow ed on deposits, subject to d ra ft at
sight.
K ew Y o rk .
C O TTO N O F A L L G R A D E S S U IT A B L E T O
W AN TS O F A M E R IC A N S P IN N E R S .
LSHMAK, STERN A COM
LBHHAN, DtJBB & CO.
New Orleans, La.
Henry Hentz & C o.,
M ontgomery. Ala.
LEHMAN
BROS.,
COMMISSION
MERCHANTS,
1 6 t o 9 9 W illia m S tre e t, N e w Y o r k .
COMMISSION M ER C H AN T S,
No, 40 Exchange Place,
F, H.
BXBCUTE ORDERS FO R FU TU RE D E LIVERY
COTTOS
|N EW T O R E .
at the N EW YO RK , LIV ERPOO L A N D NEW OR
LEAN S COTTON EXCHANGES. A lso Orders to t
M E M B E R S O F T H E S TO C K , C O TTO N , C O F
FE E A N D PRODU CE E X C H A N G E S,
Ne w Y o k k .
Prince & Co.,
BANKERS AND BROKERS
BOSTON,
MASS
COFFGE
HI GH G R A D E I N V E S T M E N T S.
at the N EW YO RK COFFEB EXCHANGE, and
G R A IN A 3 ®
P R O V IS IO N
Orders executed on th e above Exchanges as well
aa In New Orleans. Chicago and foreign markets.
at the N EW YO RK PRODUCE EXCHANGE and
th e CHICAGO B OARD OF T R A D E .
W RA U SS & CO.,
Savannah and
Hubbard, Price Sc C o.,
STRAUSS & C O,
Manchester, and at prin-
a ,s t r "
ST R A U SS & C O .,
COTTON
4S
MERCHANTS
B R O W N ’ S B U IL D IN G S ,
LIVERPOOL.
Special attention given to correspondence with In
terior Cotton Merchants and Buyers fo r the pur
chase and sale o f Cotton both on spot and fo r future
delivery.
Hopkins, Dwight Sc C o.,
U OTTO Ü i ü O T iÖ B SE E D O I L
AND
COTTON EXCHANGE BUILDING
NEW Y O R K .
General Commission Merchants.
Members New York Cotton Exchange, New York
Produce Exchange, New York Coffee Exchange,
Chicago Board o f Trade.
Orders executed on any o f the above Exchanges,
also fo r purchase and sale o f cotton fo r future de
livery in New Orleans and Liverpool. Liberal ad
vances made on eotton consignments.
P H -I C * , R E I D Ac C O .,
k .r i.lk i Ta.
P R I C E , R B I D A A ;» A CIS, L i m it e d .
C fh a rie s to n , S . C .
E xecute orders fo r cotton for foreign and domestic
shipment.
J . O. BLOBS.
G eo . H . Ch u r c h , Special
J. O. BLOSS & CO.,
COTTOS
99
S O N'T SÄERN P R O D U C E
tOMMISSION
MERCHANTS,
Members o f New ¥ork and B oston 3 took Exchange*
m e r c h a n t s
The Short Electric Rail
way Company.
Cearless,Single Reduction
AND
,
W illiam Street,
NEW Y O R K .
K e e n 5 9 . C o lt o n E x e R a n s e B a l l d l n s ,
W . D , Rountree Sc C o.,
N SW YORK
Double Reduction Motors.
COMMISSION MERCHANTS,
Gustavus C. H opkins.
Charles I>. Miller.
Lucins Hopkins Smith.
Samuel H opkins.
Crenshaw & Wisner,
16 & 18 E x e h a n s «
P la c e , N e w Y o r k .
COMMISSION M E R C H A N T S .
Members o f the Cotton, Coffee and Produce E xch’s.
SLOW SPEED, MULTIPOLAR RAILWAY DYNAM0 S.
C O T T O N E X C H A N G E B U IL D IN G * N E W
Y O R K , and N O R F O L K , V A .
COTTON, COFFEE, GRAIN, PROVISIONS AN D
STOCKS.
Orders executed in New York. Chicago & Liverpool
Geo. H . M cF adden Sc Bro.
OOTTOM
M B S C IE A K T S ,
LINE APPLIANCIS POR COMPLETE
OYERHEAD C0 NSTRUCTI0 N.
CLEVELAND,
N ew
Y ork
O ffic e ,
35
OHIO.
W a ll
S tre e t*
F H I L â-IsSHIaiPHM ts
GENCY OF
I HR HAXALL CRENSHAW CO.,
RICHMOND, Y A .
Standard Brands o f Flour fo r Shipment to W arm
Climates always on hand.
SULPHUR MINES COMPANY
OF VIRG IN IA.
High-Grade Pyrites, free from Arsenic.
J. Spencer Turner,
L I T E R P e O L CSKBSJBPOSDfSTta,
fi-S S B S I©
X S fftJS a ß A
& €@ .
Fifth Avenue Hotel,
M a d is o n . S q u a r e , N E W Y O K K .
The largest, best-appointed and m ost liberally
managed hotel In the city, with the m ost central
and delightful location.
HITCHCOCK, DA R LIN G A CO.
SUCCESSOR TO
Massasoi t H o u s e ,
Hrinckertioft, T urner & Co.,
S P R IN G F IE L D , M ASS.
T H E BEST-APPOIN TED HOUSE IN W ESTERN
NEW ENGLAND.
„
Convenient fo r the tourist or business man. Near
Union Depot.
u n ion u w o w
w
H< c h a P IN .
J
M AN U FAC TU RE R AN D D E A LE R IN
COTTON SAIL DUCK
AND ALL KINDS Off
COTTON CANVAS FELTING DUCK,
C A R COVERING. BAGGING,
RAV E N S DUCK, SAIL TW INES, * 6.,
** ONTARIO ” SEAMLESS B A G ».
“ A W N IN G ” STRIPES.
A lso. a u b n t s
U N IT E D S T A T E S B U N T IN G CO.
A full supply, all W idths and Colors, always
took .
No. 109 Duane Street.
Way land Trask Sc C o.,
B A N K E R S AWJB B R O K E R S ,
18 W a ll S tr e e t, N e w
Y ork.
Transact a general banking business. Including
th e purchase and sale on com m ission o f securltie
dealt in at th e New Y ork Stock Exchange.
W A Y LAND TRASK,
THUODOR3! BALDWIN,
A l f r e d N . R a n k in .
E. D . Shepard Sc C o.,
SUCCESSORS TO
A U G . T . POST, Banker,
1 K E X S L B U I L D I N G , B R O A D S T ., N . I
State. Cornstv and City Ronds.
Cahoone & Wescott,
Members New York Stock Exchange,
18
W ALL
STREET.
Government and Investment Bonds.
Stocks and Bonds Bought and Sold on Commission.
American Exchange Bank,
S T . I.O IIIS, M O.
ia p lt a l, - # 5 9 0 ,9 0 0 I 8 a r p ia s , - # 3 0 0 ,0 0 0
’E T E R NICHOLSON, President.
AT.V A M M A Ä S U R , V ic e -P r e s id e n t.
W e nm* itATw. s ir
hia State
s
ot
W ALKER H ILL, Cashier
to every banking point in
@FedFRASER