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:
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMKRCIAL INTERESTS OP THE UNITED STATES
VOL
NEW
42.
YORK, MAY
fFiuaticial.
1886.
8,
NO.
^inauciaX.
^itiattciaX.
AMERICAN
Bank Note Company,
78 TO 86 TRINITY PLACE,
NEW
YORK.
uitdi-r
Ijiw" of Slatp of
DIAMONDS.
Kcortf»nl7.od lH7i>*
BONDS, POSTAGE & REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES of the UNITED STATES; and for
&
No. II TTALI. ST., NEW YORK.
TRANSACT a GENERAL BANKING boslDCM.
Co.,
DEPOSITS
8TAMrs, Ac,
In the flnent
and most
urtlstlo atyle
FROM STEEL PLATES,
With SPBCUI. SAKKKlAlinS to
ISlH'clftl
FREVKNT COCXTERJlilTISa,
iinpon* miKiiirnrtmr*! exclmjvcly for
use of the Company.
Buy and
182 Broadway, Cor. John Street
M'fg
Broadway and Nineteenth
AND
Co.,
Street,
9 &IAIDEN IiANE.
Potter, Prest.
J.
W. Work,
Cashier.
Maverick National Bank,
BOSTON.
.....
SURPLUS, •-....
OAFITAI.,
Acooants of Banks and Bankers solicited.
Collections made upon favorable terms.
tiovernment Bonds boUKht and sold*
Floyd-Jones
&
Robison,
BANKKRS AND BROKERS,
No. 2 Excbange Court, Neiv York.
Bonds and U. S. Government Becarltiea
Bought and Sold on Commission.
Wm."C. Fi.ovi)..Ione8,
William Robison,
Members New York Stock Exchange.
Stocks,
Andrews, Adams
and Cable Transfers on the Union
Bank of London.
Bay and Sell Stocks and Bonds for Investment or
on Margin.
Correspondence Solicited.
Bros.
BANK BBS,
TINKER
&.
Stock Exctaanse.
WESTON,
BANKERS AND BROKERS,
No.
2
EXCHANGE COURT,
New
H«NHT
0.
York.
TINKER. Member N. T. Stock Ezoh.
RKN88ELAER WE8TON
BROKER.
Lansdale Boardman,
STOCK.
NEW YORK, 80 BROADWAY A 6 NEW ST.
TROY,
N. y.. No. 17 FIRST STREET.
Stock Bzcta gelmembenhlp! priTste wlrei
all
faolllUei
New York.
No. 6 W^all Street,
Co.,
73
at lowest rates.
others solicited.
&
B. Hollins
tc
74
Co.,
BROADWAY, NEW^ YORK,
Aud 246
iniI<\rAUKEE, lYIS.
COLLECTIONS made
anv part of the conntrr
Accounts of Banks, Merchants and
Clark
Chlcaeo.
St.,
Correspondents
in
;
W. CLARK A CO., „„„ .n„i,w,»
HILL A KENNEDY, PHILADKLPHIA.
DBVENS * TUCKBRMAN, BoSTOir.
Messrs. B.
Refer to—
Merchants' National Bunk and Bank of North America, New York
Merchants' National, ChicaKo; May-
(
(
;
erick National, Boston.
r.
and PhiladelphiA Stock Exchanges.
H. Taylor
L.
&
Wood,
31
Co.,
S. \r.
and Cbestnut
PHIIiADEIiPHIA.
l¥OOI>
$U««
Deposits received subject to check at sight, and
interest allowed on datly balances.
Stocks, Bundiit. &c., houuht and 8ukl on cummlsaion
Iiivestini-nt Securities.
Henry
Vork, iialtimorc and other places
S.
Ives
&
Co.,
BANKERS,
No. S5
NASSAU
P. O.
ST.,
BOX
Co.,
&
DAYIS.
Execute orders in a securities listed at the New
York Stock Exchange. For Sale
FlBST-CLASa KAILHOAI) FIRST MORTQAOS BONDS.
GEORGE C.WOOD. C. II. UURSTIS. L. M. SWAN.
Simons
in Phiiiidelphiii and other cities.
Particular attention Kiven to information regarding
Kew
&
NEW YORK,
SDCCKSSORS TO
Cor* Third
Private wire to
Huestis
PINE STREET,
BANKERS AND BROKERS.
BANKEBS.
Bllli of Bxctaange
nembem New York
Washburn,
BANKERS AND BBOKERS,
&
Houghton
& Kellogg,
BANKERS AND BROKERS,
T8 & 80 Broadway, New York.
WASHBinar.
Partner.
Correspondence Solicited.
Members N.
9400,000
400,000
&
C.
Stocks and Bonds Bought and Sold onCommissloa
for ca.sh or on margin.
Special attention given to Unlisted SecartUee.
Deposits received subject to Check at Sight.
H.
MACDONOUGH,
P.
Lansimo
TowNSkND, Special
BANKERS ASU BROKERS,
Card*, LubelA,
ASA
GEO. H. HOLT.
L-HUILIEB,
Slock Exchange.
1'.
Townsend
RAILWAY TICKETS OF IMrilOVKU STTUEi^
Calendars.
VICE-rRESIDENTS :
A. D. SHEPARD,
TOURO ROBERTSON.
W. M. SMILLIE,
THEO. H. FREELAND. Sect'y and Treat.
TAINTOR.
JNO.
SOLID SILVER.
and
Private telegraph wires to PrOTldeace and Boston.
Chas. JiTowNspp.
GORHAM
allowed on
Securities.
Member N.Y.
Kxrcutcd In Fireproof Bulldlnca.
UTHOORAPHIO AND TYPE PRWTINO.
I.
INTEREST
GOVERNMENT, MONICIPAL
G. D.
Work
Show
BLANK B00K3 OF EVERY DESCRIPT10M
ALBERT G. GOODALL, PreddenL
sell
BAILROAD
G. B.
SAFETY PAPERS.
SAFETY COLORS.
received and
balances.
Foreign Governments.
ENGRAVING AND PRINTING,
BANK NOTES, SHARE CERTIFICATES, BOTTDS
Foil COVEKXMKNTS AND COUPOKATION8,
©BAFTS OHF.CKS, BILLS OF EXCIIANSE,
Holt,
BANKERS,
IMPORTERS,
Sew Vot^f 1658.
Engkaveks and Pkinters of
&
Taintor
Alfred H. Smith
BuslneM Founded 1795.
InMrporutml
1,089.
& Chew,
STOCK BROKERS,
Exchange Court i& 5*2 Brondivay, N. T.
Stocks, BtiniU and Unitcil States Government
Securities Bought and Sold on Commission.
JAS. D. SIMONS,
BKTIBLT CHIW.
Member N. Y. Stock Exchange.
t2
Member N.
Y. Produce Exchange.
Rolston
NBUT YORK.
&
Bass,
BROAD STREET, NEW YORK,
STOCKS, BONDS
AND niSCELLANEOLS SECURITIES
No. 20
1,*28.
Transact a general banking bnslneM, tnclndlng the
purchase and sale of secarltiea listed at the New
York Stock Exchange, or In the open market.
Receive deposits subject to check at sight
allow Interest on dally balances.
and
Correspondence
solicited.
I^uofeatlons cheerfully furnished.
Wm. H. Rolston,
Member N.
W. Alkx. Bass. Jr.
Y. Stock Eixoh'ge.
Government, State, Connty, City and Railroad
bonds constantly on hand for sale or exchange, and
particular atte'itlon Kiven to the subject of Investments for Institutions and trust fnnds.
HIRAJI DKWraO. CLARK DaWISO. F. T. BONTEOOU
(Member of New York Stock Exchange.)
H. Dewing & Son,
BANKERS AND BROKERS,
No. 18 AVall Street,
New
York.
Stocks and Bonds Bought and Sold on Commission
Accounts received and interest allowed on balances
which may be checked for at sight.
Iowa Ixian A Trust Co. 4 per cent Debentures
bought and sold.
Stewart Brown's Sons,
stock brokers,
64
Broadway 4t 19 N«w
Asiel
&
S*.,
Raw York
Co.,
BANKERS AND BROKERS,
.AniU
No. 61 BXCHANGK PLACE.
1..8.FKANKItNBklMKR, M. SSLfOMAirM.
Maoibers N. Y. Stock Exchange.
,
:
THK
CHKOJN1UL.K.
Esfchanac in
gvaitJjevs of fforctgn
WALL
&
Morgan
Drexel,
Cor. of 5th
ISSUE TRAVEI,EHS'
Drexel.Harjes
& Chestnut Sts.
31
& Co
Bonlevard HaussmanD,
Draw
Bills of
SBLIGMAN 4 ^TBTTHEIMER. FranlLfort.
AL8BKK0 GOLDBERG, Amsterdam.
ALTMAN A STETTHIEMBR, Berlin,
Payable in any part of Europe, Asia, Africa, Ausand America.
tralia
Draw
Available In any part of the world, !n Francs for
Martinique and Guadaloupe, and in doUarsfor
use in this and adjacent countries.
Telegraphic Transfers of Money
Between tills Country and Europe.
MAKE COLLECTIONS OF DRAFTS drawn
points in United States and Canada,
in the linited States on
foreign countries
and of drafts drawn
ndthelrLondonhouse.Messrs. BROWN, SHIPLEY
A CO., receive accounts of American banlts, firms
and Individuals, upon favorable terms.
Co.,
J.
83NASSA17 STREET.
BILLS OF EXCHANGE ON
gniTH, PAYNE dc SMIT.H'S,
Exchange and make Telegraphic
Money on Europe and California.
Bills of
Transfers of
John Paton & Co.,
SUCCESSORS TO
JESIJP, PATON & CO.,
COUNTY BANK,
&.
"LIMITED,"
MANCHESTER, PAYABLE
IN
Maitland, Phelps
AND
22
Sc
24 Exctaanse Place,
New
York.
No. 32 Nassau Street, Neiv Yoik.
No. 4 Post Office Square, Boston.
Issue Circular Letters of Credit forTrave.
Abroad against Cash or Satisfactory
rs'
Use
Guaranty of Re-payment,
Excbange on London, Paris, Berlin
and Zurich.
MADE BY CABLE.
Paris House— mUNROE & CO.
CaSDITS OPENED AND PAYMENTS
J.
Member N. Y. Stock Exch'ge
Kennedy Tod
No.
63
&
Ruckgaber,
BANKERS
NE^tV YORK
S9 \riIiIiIAm
CORRESPONDENTS OF THE
International Bank of London
(Limited), London.
jntessrs. Johu Itereuberg, tiossler dc Co.
STREET,
Uaiuburg.
nessrs. inarcnard, Kranss & Co., Paris
& Co..
BANKERS AND BROKERS,
WILLIAM STREET,
OITer investment Securities.
Canadian Bank of Commerco.
Capital,
J,
H.
t8,000,(X)0.
GOADHY &
SCRPLCS,
B. E.
12.100.000.
WALKER,
JOl T AGENTS,
16 EXCHANGE PLACE, NEUF YORK
BUY AND SELL STERLING EXCHANGE, CABLE
TRANSFERS. ETC.
ISSUE COMMERCIAL CREDITS' AVAILABLB
IN ALL PARTS OF TUB WORLD.
Interest and principal paid on day of maliarge
turity in New York. Funds promptly placed
HOTTINOUKR &
CO.,
i
Kidder, Peabody
&
Co.,
FOREIGN BANKERS,
New York,
ATTORNEYS AND AGENTS OF
CHA8. W. OILLBTT.
CO.,
Sums
120 Broatjway, Equitable ^uiMiriR, New York
I4ETTKKS OF CREDIT AND
NOXliS
lenued for the use of tnivelere in all parta of the
world. Bills drawn on the Union Banb of London.
TeletrrRphic transfers made to Ivondim and tn vnrious
filaces In the United States. Deposits received siib-
on balancee. GoTerntnent and other bonds and investment
seouritiea bought and sold on commission.
sl«fit,
and
NEHER
Banking House of
Troy, N. Y.
<k C A
Established 1824. Reorganiied
Eastern Representatives
1868.
of the
NORTH-
RPENTER,
WESTERN
NORTHWESTERN
LOAN CO.
GUARANTY Minn. Authorof Minneapolis,
GUARANTY ised capital. t2.0OO.OO0. Paid up
Real Estate
Mortgages worth from two to
LOAN
four times the amount of
COMPANY.
moi^
gage, netting investors 8 to 8 per
ct. Guaranteed by Co. Interest
payable at our Banking House.
8%
7%
6%
The
American Investment Company,
of
Em-
metsburg, Iowa, incorporated with a paid-up capital
0<»0,
of ».'SO0,(..._. with branches at Huron and .vlltcheU.
-.-,--,
,
Dakota, offer flrst Mortgage Farm Loans in Iowa,
.Minn.. Dakota, and Neb., both Principal and Inter*
<;Hnrnnti'rd. Also 6 per cent Debenture Bonds
eNl
(obiigaeions of the Compsnyl, running 10 years, secured by MortKagft loans deposited with tht^ illercnniileTruHl Co., N.V, It also issues Demand
Certiticates of Depnsit at 5 per cent interest. Write
for pampl-.iet and references
llome OOice, Eninietsbure, Iowa.
E. S. Orrnxby. I'rex., 130 ^nHona >«t.. N. Y.
,
Ruction ^aUs.
STOCKS
and
BONDS
At Auction.
The UnderBliroed hold REGULAR
8AI.E8 of all classes of
.
AUCTIOK
WEDNJtSDAYS AND 8ATUBDAT8.
ADRIAN H. MIILLER &
No. 12
London
KOUNTZE BROTHERS,
BANKEK8,
ect to Chech at
HART. Auditor
Treas.; N. K.
of $100 and Upwards on Indiana and Ohio Lands.
SOTHINO SAFER. ALWAYS PROMPTLY PAID
SEND FOR PAMPHLET.
JOS. A. nOORE,
8 * Bast market St.. Indianapolis, Ind
In
interest allowed
PINE STREET,
SON,
NEW YORK.
KoriTABI.B Rntl.TiTNO
CREDITS,
nUCITL AR
for circular, references
ON
113 Devonshire Street, Boston.
BARING BROS. &
Send
losses.
md sample forms. F. M. PERKINS, President; J.T.
WARNB, Vice-Prest.: L. H. PERKINS, Secretary
(STOCKS AND BOWDS,
1 Najssau Street,
Messrs.
No
experience.
Exchange on
MELVILLE, KVANS & CO., [LONDON,
C. J. IIAMRRO A 80N,
IMAKCIIAKO, KKAI'SSdcCO PARIS.
COninERCIAI.
Members of the New York Stock Exchange
Dealers in foueion Bxcbanqe, Government
Circular Credits for Travelers.
and otukr invest.m e.nt bonds.
stkrlino loans a specialty.
44 Wail St. and 62 fireene St., N. Y. Cable Transfkrs and Rii.i.8 of Exchange on
Buy and sell on commission, for investment or on
Great Britain and the Continent.
martcin, all securities dealt in at the New York Stock
Bxchanga
FARMS.
.
Bny and sell bonds, stocks and securities in all Am.
erlcan. Canadian. British and Dutch markets on commission. Collect dividends, coupons and foreign and
inland Drafts.
Cable Transfers.
Unger, Smithers
Co.,
Act as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestic
travelers* letters i)f credit in pounds sterling & dollars.
Commercial and Travelers' Credits.
Bills of li^obange.
&
BANKERS.
Sell Bills of
market.
MORTGAGE LOANS UPON IMPROVED
FIRST
capital, (200,000.
Alexander Baring.
KENNEDY Tod.
H. O. NOBTBCOTE.
J.
Co.,
Offers to Investors the best securities in the
CREDIT,
TELEGRAPHIC TRANSFERS OF MONEY
ON MEXICO, CUBA, dec, Sec.
ALSO,
Schulz
Co.
SCOTIiAND, BILLS OF EXCHANGE, LETTERS OF
&
AND
COMMISSION MERCHANTS,
LONDON
CABLE TRANSFERS AND LETTERS OF CREDIT.
John Munroe
&
Co.,
LAHTRENCE, KANSAS,
Farm Mortgages
BANKERS
EDINBURGH AND BRANCHES;
Farm Mortgage
[LONDON
BRITISH LINEN CO. BANK, LONDON
SCOTLAND.
BELFAST, IRELAND;
AND ON THE
BANK OF
0F|
COLORADO.
THE ^VESTERN
DRAW ON
THE UNION BANK
CIiSTER BANKING COMPANY,
NATIONAI.
DENVER,
We have on hand and for sale flrst-class County
and School Bonds and other choice securities. We
especially recommend to conservative investors our
RKALESTATELOANSon Improved City and Farm
Properties. These have been made by us after rigltf
investigation of Utle and values, and can be transferred at once. Correspondence solicited. Highest
references East and West.
Accounts and Agency of Bi.nks, Corporations'
and individuals received upon favorable terms
Dividends and interest collected and remitted.
Act as agents for corporations in paying coupons
and dividend.^: also as transfer agents.
Bonds, stcck.'^ and securities bought and sold on
commission, at the Stocit Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and
sold.
Dickinson,
INVESTMENT BANKERS,
firms
BANKERS. LONDON
nANCHESTER
pXortgaflCB.
&
Hay den
New York.
62 William Street,
ue in
&
^avm
Issne Letters of Credit for TraTeler8»
On SBLIGMAN BROTHERS, London.
SBLIGMAN FRERB9 & CIB. Paris
IS STEBLIXO,
Stuart
AVAILABLE
ALL PARTS OF TUB WORLD, ON
Messrs. C. J. Hambro £ Son. London.
NewiYork.
Sell Bills of
&
ISSUE COMMERCIAL CREDITS,
IN
BANK ER8,
BROAD STREET
STREET, LONDON.
Exchange
IRELAND, FRANCE
ON GREAT BRITAIN ANDHOLLAND, SWITZGERMANY, BELGIUM,
ERLAND, NORWAY, DENMARK,
SWEDEN AND AUSTRALIA.
Bae Commercial & Travelers' Credits
J
2S
No.
Place,
BUY AND DRAW BILLS OF EXCHANGE,
MAKE CABLE TRANSFERS, ISSUE TRAVEL-
& W.Seligman& Co.,
J.
Exchange
Co.,
FOREION BACKERS.
Exchange on, and make Cable Trans
England, France and Germany.
fers to,
CO.,
BALTIMORE.
all
Cor.
&
STREET,
NEW YORK.
ERS' CREDITS.
AND THKIK CORRESPONDENTS.
Brothers & Co.,
NEW TORK. Boston.
Phlla.
AND
ALEXANDER BROVFN & SONS
abroad on
available In all
iort o\in.
Brown
make
KEDITS,
S. ai. de Kothnchild, Esq., Vienna.
ATTORNET8 AND AOBKTS OF
Bny and
I
&
DOMESTIC AlfD FOREIQN BANKERS.
moRGAN &
Ickelheimer
29 W^II,I.IAm
parts of the World, through
Securities
Deposits received subject to Draft.
bouKht and sold on commtssion. Interest allowed on
Deposits. Foreign Exchunge. Commercial Credits.
for Travelers,
Circular Letters
Cable Transfers.
available In all parts of the w orld.
lOessrs. J. S.
Ho. 22 OLD BROAD
Co., Heidelbach,
s^ons, London.
Messrs. V. I>1. Rothschild
**
de RothHChlld Bro^, Paris.
"
M. A. de Rothschild <& !$ons, Frank-
PARIS.
FBIIiADEIiPHIA
IJorU
No. 12 Fine Street,
NEtV YOKK.
Co.,
^nv
BANKERS,
STREET, CORNER OF BROAD,
Drexel &
&
Co., August Belmont
XUl.
[Vol.
11
I
COPTHAI.I. Ool'llT.
LONlioN. E. C,
)
Ist .lanuary, lasB.
f
TTtTE BK« TO ACdUAINT YOB THAT
we have this day commenced to carry on a genBanking and Commission business at the above
style of
address, in co-partnership, under the
eral
BLAKK, BOISSEVAIN &
MB. H. J. DELANOY
Urm bjr prootiratlon.
MEYKK
CO.
will elfcn for
OOr
STANTON BLAKE,
A.A.H. BOISSBVAlN,
F. B.
RI.AKB.
BILLS WASTEO. and
nONFEDERATE .Money, in small or large qlianiroulhern War
I /<.lher
titles.
NUMISMATIST, Box ma,
St.
Paul. Mlnn»,
May
THE CHRONICLE.
1886.]
8,
8»wUgys aud gvoTuys in g^ew
H. CnUQCR OAKLIT.
JAUI8 WBITKLT,
MAYSAIinC. KYIll.
UsNttT
WM.
DonoE, Wiuhlngton, D. 0.
TBAVIB8, SpeolHl I'artnOT.
II.
B.
Prince
&
Whitely,
NEW
YORK.
No. 64 BKOADWAY,
At«.. New York.
=„ „„„ OFFICis 180
BRASrH r....^.,> S 538 fifthSt., WaahlDgton, D. C,
ijjh
;
.
But and aell on commission all classes of Railroad
BMurltlesi also Grain and I»roTlslonB.
Private TaleKrapb wires to Philadelphia, Wilmington, Baltimore, Wnstalngton, Bridgeport, New Haven,
Boston and Plttsbunt.
Gorham, Turner
&
Co.,
BANKERS AND BROKERS,
niU* BnlldloE, 35 Wall St., New York
Branch OlBce at Everett House, Union Square.
Chas. W. Turner,
ArsTEJ O. Gorham.
Member N. Y. Stock £sou.
CUAS. C. Noble.
& Co."
A. Kohn
J.
Twenty years' experience
ties desiring to
&
R.
BANKERS AND BROKERS,
(Members New York Stock Excban^e.)
Accounts of Banlis, Bankers and others received.
Interest allowed on balances. A strictly Commission
Business in the purchase and sale of stocks and bonds.
Private Telegraph Wire to Albany, Troy, Syracuse,
Kochester, Ltica, Buffalo. Cleveland and Chicago.
Draw on City Bank of London In amounts to suit.
Special attention siven to Securities for investment
CHARLES
Member N.Y. Stock Kxchange.
WM. V. CAROLIK,
&
Carolin
Cox
F.
Cox,
Bankem & Commission Stock Brokers
No. 65 BROADWAY,
Branch Office, 315 Madison Av., cor. 42d St.. New York
Deposits received subject to check at sight, and
interest allowed on daily balances. All Stocks and
Securities dealt In at the New York Stock Exchange
bought and sold on Commission, for Cash or upon
Margin.
HZKBSBT
P.
Brown.
Walston H Brown & Bros
BANKERS,
.
NASSAU STREBT,
NEW YORK.
NO. 30
&
Simon Borg
No. 17
NASSAU
BANKERS AND BROKERS,
Membership New York Stock Exchange.
Members Philadelphia Stock Exchange.
No*. 16 ac 18 Broad Street, New York.
Buy and sell on commission, for Investment or on
ST.,
BROADW^AY,
New
Y'ork.
PRIVATE WIRE TO BOSTON.
&
Oilman, Son
Co.,
BANKERS,
HZ
J.
&
Co.,
UNITED BANK BUILDING,
NEW YORK.
County, State, Railroad, District of Columbia
Bonds and Foreign Exchange.
Correspondence Solicited.
Buttrick 6* Elliman,
&
C. Walcott
Co.,
stocks and Bonds bought and sold on CommUelon,
Orders received In Mining Stocks, and In Unlisted
Securities. Collections
made and
loans negotiated.
Dividends and Interest collected.
Deposits received sobject to Dratt.
Interest allowed. Investment secnrltlea a •peetalty.
We Issue a Financial Report weekly.
of the New York
stock Exchaage.
Jos. C. Waix-ott,
t
Frank f. Dickinson,)
Members
A. Dutenhofer,
CEDAR STREET.
No. A3
BROKER
In addition to a General Banking Business, Buy
Sell Government Bonds and Investment Securi-
AXO
Dealer in Miscellaneons Secarltles,
MILLS BUILDINQ (3d Floor,)
Davis
Co.,
Rooms SS A 36.
35 WALL STREET.
BANKERS AND BROKERS.
STATE AND CITY BONDS OF GEORGIA. ALSO
Do a strlctlv Cominlsslou Bnslnesa In SECURITIES OF THE CENTRAL RR. & BANKING CO. OF GEORGIA A SPECIALTY.
STOCKS, BONDS aud GRAIN,
With Private Wires to CHICAGO, BALTIMORE, orInvestors wishing to buy or sell are Invited to call
correspond. Prompt and personal atteatlon given
PHILADELPHIA and Intermediate Points.
to all orders.
No. 17 W^ALI. ST., NEW YORK.
and
ties.
&
John H.
W. H. Goadby &
Co.,
BANKERS AND BROKERS,
BROAD STREET,
No. 34
H. L. Grant,
No. 14S BROADWAY,
NEW YORK.
CITT RAILROAD STOCKS & BONDS
Ne^r Y«rk.
BOUGHT AND
& Floyd,
STOCK BROKERS,
Walsh
No. 26
BROAD STREET, NEW YORK.
JAMzs W. WALSH, Jr.,
Nicoll Floyd, jb
Member N. Y. Stock Exchange.
Robertson,
L.
J-
No. 18
Dealer In Inrestment Secnrlties,
No. 7 NASSAU STREET,
(Ck>ntiiiental National Bank Batldlng),
Execute Orders
STREET,
W.
C.
H.
J.
Morse.
Hill.
York,
Securities Listed
all
on
otiier
Inrestment Bonds
Chrystie
Nos. 33
dc
&
Janney,
BANKERS,
35 Naaaan St.,
New York.
Receive deposits and oonslgnmenta of Bndoo.
Deal In Investment Secnrltlee and Foreiga kx
change and Invite correspondence.
ISood^t
New York,
FIRST-CLASS BONDS FOR INVESTMENT A SPECIALTY.
in
Special Attention given to
GoTernment &
P. O.
A. M. Kidder.
Wescott,
New
Correspondence Solicited.
In-vestment Securities.
BOX 9,647.
Watland Trase.
&
NEW YORK STOCK EXCHANGE.
W^ A 1, L
Nenr York.
Sell
York.
18 Wall Street,
Transact a General Ranking Business, including
the purchase and sale of STOCKS and BONDS for
cash or on margin.
Bny and
In this paper.
BOND AND STOCK BROKER,
Cahoone
C^ Co*
BANKERS,
SOLD.
See Quotations of City Railroads
New
BocTHEKN Securities a Specialty.
STREET,
Buy and sell on Commission, for cash or on mania,
securities dealt In at tiia New Turk Stoek
change.
Inurett allowed on daily balances.
All depoelt* snbleot to check at sight.
Particular attention to orders by mall or televraa
all
Co.,
John Howard lateah. Frkdebick W. Perrt.
Cltjr,
Co.,
BANKERS AND BROKERS,
No. 73
Railroad and InTestment Secarltles.
No. 3 W^ALI.
&
Howard Lapsley
NEW YORK.
H. Latham
FIRST-CLASS INTESTMENTS.
BANKERS AND BROKERS,
margin, all securities dealt In at the N.Y. Stock Kxch.
No. 34 Pine Street, New York.
Robert j. Kimball.
Altred B. Lounbbbrt.
Transact a General Banking BnsineM,
DEALERS IN ALL KINDS OF
J.
Co.,
Frbd. a. Browk,
H. brown.
York.
DBALBHS IN
17 Years'
^^^
Walston
&
Sons,
Sistare's
10 * 18 Broad Street, New York,
131 Sontk Third Street, Phlladelpkta.
Connected by Prtrat* Wire with mala oaoe. New
Bonds. ParUnoiirrent Bonds wU.
Kimball
J.
Geo. K.
In Railroad
sell
bought in Kraotlonal XiOta or otherwise,
..SJ*"!!'
either for Cash or on Margin.
r. H. BuiTH. ) Members ComoUdaMd Btoek and
S. W. Smith, t
Cetrolaam Bicohanae. New York.
Bishop,
PINE STREET. NEAV YORK.
No. 35
buy or
please communicate.
19 Broad St.,N. Y., inillsBuildlna,
Transact a General Banking Business.
Hamilton
-laovli <i!^tB.
Fred. H. Smith,
BANKER & BROKER.
No. 30 BROAD ST., NEW YORK.
BANKERS AND BROKERS.
ForelKn Ezohantie, Bonds, Stocks and Miscella.
neoua Securities buught and sold on commission.
Julius A. Kohn. David ochs. Mobitz ochs,
Memb. N.Y. Stock Ex
Memb. N.Y. Stock Ezch.
tii
Particular attention given to Information regarding
Investment Securities.
18 W^all Street,
Investors wishing to Buy or Sell are invited to call
or correspond.
Bay and Sell on Commission for Cash, or on Margin,
all Stocks tt Bonds dealt In at the N. Y. Stock Bzch.
C.
(IS rears'
Turner,
J.
Membership
in the
N.Y. Stock Hzchange.)
BANKER AND BROKER,
16
A
BROAD
18
ST.,
NEW YORK.
Si
BANKERS,
J^ttotnwtjs.
Co«^
W.
8 Broadway, cor. Exchange l*lace* N. Y.
Porter,
William
Branch Office, '^41 La Salle St., Chicago,
TRANSACT A GENERAL BANKING BUSINESS, Attorney and Counsellor at Eaw
INCLUDING THE PURCHASE AND SALE OF
No. 623 WALNUT STREET,
STOCKS AND BONDS FOR CASH OR ON MARPlilladelpbla, Pa.
TIN. BUY AN1> SELL INVESTMENT >*BCURIGIKS. INTEREST ALLOWED ON DEPOSITS
Corporation, Transportation and Commereial Law.
SUBJECT TO CHECK AT SIGHT.
P. O.
D. A. BOODT.
Transacts a general Banking business. Including the
purchase and sale of stocks and bonds for cash or oo
margin.
Box
447.
C. W. HoLXLLAH.
REUBEN LILAND.
REFEBESCEg:—The Trust ComMDles. 'The NaUopa
Banks and Railroad Comninlesln PhlladelplUa, »n«
the Judges of any of the Courts.
•
E.
Albert Pearce,
38
BROKER
IN
PINE STREET,
ALL KINDS OP INVESTMENT
BONDS. MISCELLANEOUS 8BCCBITIE8
AND DEFAULTED BONDS.
GORBESPONDKNCB SOLICITm),
BANEBBS,
UNITED BANK BUILDING,
W^all Street, corner Broadirar.
BONDS* OOUMSROIAL PS.PSR.
STOCKS,
Stocks and Bonds booxht and sold on commission
at New York Stock Exchange. Advasoee made on
bulneu paper and other teoariUes
A. Angier,
Attorney and Connielor at
Law
ATLANTA, GEORGIA.
PRACTICES IN ALL THK COURTS.
Corporation and Commercial Law a apteiaUit
Refers to Jadgea Stephen J. Field and Wm.B
Woods 0. 8. Supreme Coort, WashinctoB. D C.
THE CHRONICLE.
It
^VLUK&iviU
KU& W,ox6ien SatiUs
Bank of Montreal.
-
SMITHERB.
C. F.
W.
NEW
&
General Manager.
WAI.TEB WATSOX, i Agents.
Ai.KX'it Lang,
Bxchange, Francs and Cable
Buy
"Transfers; grant Commercial and Travelers' Credits
available in any part of tbe World; Issue drafts on,
and make Collections in, Chicago and tliroughout the
Dominion of Canada.
antl Sell Sterling
Iiondon
Office,
-
(LIMITED),
RANK
NOv4
ANDREW A"LT^AN, Esq.
ROBERT ANDERSON, Esq.
HEAD OFFICE, MONTREAI..
President,
Vice-President.
GEORGE HAGUE, General Manager.
H. PLUMMER, Assistant General Manager.
Capital Paid
BANKERS:
IjONDON, E^^G.— The Clydesdale Bank (Limited.)
NEW YORK— The Bank of New York. N. B. A.
The New York Agency buys and sells Sterling Exchange, Cable Transfers, issues credits available in
world makes collections in Canada
and elsewhere and issues drafts payable at any of
the offices of the bank in Canada. Every description of foreign banking business undertaken.
all parts of the
;
JVewTorlc Agency, No. 61 Wall Street.
HB:«RY HAGUE,
Agents.
JOHN B. HARRIS, JR
J
to
OIKCIILAR NOTES iss ed in Pounds Ster ling
available in all parts of the world. (JODTMEKCIAL CIIEOITS ISSUED for use in Europe,
China. Japan and the East and West Indies. Also,
in naie of LONDON & BRAZILIAN BANK
Limited, available in the Brazils, River Plate, &c.
Bills collected and other bankinp business trans-
MCTAVISH,
H. STIKEMAN,
D. A.
>
H.
S.
HEAD
St. Catharines,
Pres't.
D. R.
WILKIE,
Cashier.
Colborne, St. Thomas,
and
Agents
in
London
&
:
Bos-
anquets Bank,
62
Lombard
limited,
Street.
&
Sterling Exchange.
Agents
in
Baxk of
New York
Mu.vtueal,
:
59 Wall Street.
Promptest attention paid to collections payable in
any part of Canada.
Approved Canadian busines,s paper discounted at
the Head Office on reasonable terms, and proceeds
remitted by draft on New York.
Gzowski
&
Buchan,
B.
COLLECTIONS
CintKKNT PRICES.
.M.VIJE.
FOREIOIV.
Australasia,
(Incorporated by Royal Charter, 1835.)
St., Ijoudoii,
raid-up Capital,
£1.610,000
Reserve Fund.
£780,000
Lietters of Credit and Drafts issued on any of the
numerous branches of the Bank throughout Australia and New Zealand.
Bills neKotiated or sent for collection.
4 Tbreadneedle
England
-------
TeleKrai)hic transfers made.
Deposits received
London at
interest for fixed
periods, or for transfer to the colonies on terms
Vrhlch
may
in
NEW^ YORK,
AND
»08
RIONTAGVE
ST.,
BROOKI.YN.
GAS STOCKS
OAS SECURITIES,
Stocks and
Bonds
BROOKL,TjK secijrities
DEALT IN.
AmSTERDAm,
CO.,
HOIiI.AND.
-
Geo. H. Prentiss. W. D. Prentiss.
Member N.Y.Stock Exch.
HEAD
OFFICE, AMSTERDAITI.
London—B.
John
&
McGeorge,
B.
No. 20
BROAD STREET,
INVESTMENT SECURITIES AND
COMMERCIAL PAPER,
BBAtronSS:
W. BLIJDENSTEIN &
Rotterdam— De
W. W. Walsh
1861.
Capital fully paid up.7,203,925 QuUders (12,881,570-)
KeserveFund
913,0B2.52« "
(1365,237-)
CO.,
t6 Tlireadneedle St., E. C.
ManhiittanTille & St. Nicholas
Avenue and other City Railway
Securities Dealt in.
TELEPHONE CALL " NEW." 727.
42d
WissEL-en-EFPECTENBAUK.
JK.
Transact a general Banking and Commission
Business in BUls, Blocks, Shares, Conposs, &o,
NEW YORK CORRESPONDENTS:
Messrs. KNAUTH, NACHOD & KUHNE
St.
Atlanta
Bank
Charlotte A.
I..
R'r Bonds,
RR. Bonds,
<tleinptals & I,Ittle Rock RR. Bonds,
Carolina Centt'al RR. Bonds,
North Carolina State 6s,
Blrinlnsham C^r, Ala.,
And
THE
&
Rleniplils &: Cbarleston
7s,
iniseellaneous Securities,
BOUGHT AND SOLD
A. I.ANCASTER & CO.,
10 Trail Street.
By B.
OfBce, 3 Angel Court.
E.
SAN FRANCISCO Office, 422 California St.
NEAV YORK Agents, J. & W. Seligman & Co.
be ascertained on apiilication.
I'lUDKAUX SELBY, Secretary.
Antborlzed Capital,
Paid-up Capital, Reserve Fund, - -
'
>
$6,000,000
- 1,500,000
- - 400,000
-
Transact a general banliing business. Issue Commercial credits and Bills of Exchange, available in all
parts of tbe world. Collections and orders for Bonds,
htocks, etc., executed^ upon the most f ayorable terms.
IGNATZ STBINH'ART, I Mana«ers.
P. N. LILIENTliAI,,:Cashler.
L. de Steiger
&
Co.,
BANKERS.
FBANKFOBT-ONMAIN, GESaLiNI,
Bailey,
S.
SH PINE STREET,
SEALING S IN
BOSTON Corresp'ind'ts.MasBacliusettsN. Bk.
Bank of
Co.,
8BK GA8 QUOTATIONS IN THIS PAPKB.
W. BLIJDENSTEIN &
I.01VD0N, Head
Stocks and Bonds, Sterlins Kxchange, Drafts on
and sold at
&
(LIMITED).
TOEONIO, CANADA.
bouullt
No. 49 WAI.I. ST.,
Bankvereeniging,
STOCK AND exchange: BROKERS, Anglo-Californian
New York,
Itiwjestmeuts.
Geo. H. Prentiss
De Twentsche
Enscbede-B. W. BLIJDENSTEIN,
Almeloo-LTIDEBOER & CO.
Gait. Ont.
Dealers in American Currency
Lloyd's. Barnett's
St.
AND ALL KINDS Of
No. 55
Ingersoll,
Welland, Fergus. Woodstock. Winnipeg, Man.,
Brandon. Man., Essex Centre, Niagara
Falls
47 Williiim
Affent,
Street Railroad
Established
OFFICE, TOROr«TO.
BRANCHES:
P<^.rt
TOWNSENO,
§l>j?tci^\
Cable Address— P ATT, IiONl>ON.
i
$1,500,000
$480, 000
-
-
HOWLAND,
Hi.
payments of Interest on Loans, Olridends on
AffontH
Agents.
Imperial Bank of Canada
-
Hong Kong, Foochow, Amoy, Ningpo,
Shanghai, Hankow, Yokohama, Hiogo, San Francisco
.Manila,
£911,360 Sterling.
Railway sand other Corporations, either In the mat-
ChicaKO.
(paid up),
$7,500,000
4,500,000
500,000
Ileserve Liability of Proprietors
7,500,000
The Corporation grant Drafts, issue Letters of
Credit for use of Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore, Saigon.
.*.
STREET.
Buy and sell Sterling ExchanRe and Cable TransIssue demand drafts on Scotland and Ireland,
also on Canada, British Columbia, San Francisco and
SURPLUS,
Paid-up Capital
Reserve Fund
Reserve for Equalization of Dividends...
AND
fers.
CAPITAIi
ITIass.
Hong Kong & Shanghai
Loans on the London Market, acts as Agent for
OF
acted.
l/p,
CO.,
&,
New York
28 State Street, Boston,
Loans of approved Railways, negotiates and
issues
North America,
No. 62 AVAIili
18 Wall Street,
or Registration of Stocks in London, or otherwise.^
Bank
British
New York axd Bostox Cohrespoxdents,
BLAKE BROTHERS
and London.
This Compabf undertakes the business of Trustee
ter of
AGENCY OP THE
BITII.DINGES
LONDON, ENGLAND,
J.
Corporations, firms and Individuals, upon
favorable terms also orders for the purchase
and sale of Bonds, Shares, &c., &c., on Commission on the Stock Exchange.
Neeotiaie Railway, St^te and City loans.
BANKING CORPORATION.
THE
$5,725,000 Paid Up.
$1,375,000
•
Beserve,
Solicit accounts and agencies of Banks, Railways.
drafts.
Neirotiate Railway. State and City Loans.
Railway Share Trust Co.
OF CANADA.
•
demand
&
Biake, Boissevain
Co.,
LOIVDON, ENGLiAND.
;
Solicit accounts and agencies of Banks, Railways
Corporations, Firms and Individuals upon
favorable terms; also orders for the purchase and sale of Bonds, Shares, &c., &c. on
the Stock Exchange.
Interest allowed on Deposits, subject to (JO-daya
sight drafts, at Bank of England rate, and
one-percent below that rate subject to
No. 22 Abchurcli Lane.
Merchants' Bank
Capital,
LONDON.
President.
J ORE OFFICE:
61 WAIili STREET,
59
Nos.
Co.,
62 Gresliam House, E. C,
-
BUCHANAN,
J.
FOREIGiy.
&
Heinemann
$12,000,000 Gold.
$6,000,000 Gold.
-
SUKPIitJS,
atxd |5aufeet;s.
FOREIGN.
CANADIAN.
CAPITAI/,
[TOL. XLII,
I Kf s i;
c E stocks
A SPECIALTY.
rAw
Cash paid at once for the above securities or the
be sold on commission at seller's option.
will
FOR
SAI.E— STOCKS
BY
J. P. Wintringhani, ."{G Piue St., N. Y.
Note Telephone Call "233 John."
CO.. 6uT OP Tuw.N. ,60 Mercantile.
8h«. GAB.
100 Consolidated. SOOMun.Roches'r 5 Merchants'
15.000 d" bonds. 25 I'eople's.
25 Kquitable.
B.OOO Mun.bd3,7s. Shs. INSUR'E. 101'heni!t.
'30 American.
Shs.
RIL.
100 Mutual.
50 Bl. St. & F.F.
5 Am. Exch'ge.
Bbooklyn.
20 irwav,>t7th
80 Citizens'.
40 Cltliens'
100 Cent. Cr.iast.
,00 Fulton Mun. 12 Continental.
100 C.P.N. & E.R.
10 Empire City.
lOO Nassau.
CUr.SlOtliSt.
20.Long IslHQd,
iOO People's,
CITY
A
May
THE (IHRONIOLB.
1886,]
8,
gtmlig ixua j^ctnlicvs &xxt of 3jcxu llovk.
BANKS.
MEW EMOJL AMD BANKERS.
Geo. STrROES, rios'
W. OooKis,
F.
.
Asst. Ca»h
North-\Vc?tern Nat'l Bank,
€III€.\C;0, ILLINOIS.
Capital, $200,000.
Surplus, $50,000.
This Hrtnk hukls in miditiun II.OOO.OOO U. 8. 4 per
cent llond* lit pur. iiledjH'tl by Us stnckholdors for
the proti'i'tlon of It.-* rustuniors. ShU bonde are
plc>du<'<l n» nbove inst<Mtd of tielriK held by the Bank
nn n vnn of tt<4 Ittifal surplus, to iivuid what wo tblok
-
and oxtM'SMlve
just
MDWICK J.
lucal taxation.
UlIJ., K.
!<.
Gate City National Bank
ATLANTA, GKOKGIA.
j
and
No. 4 Bxchance Place, KooM
$300,000 00
Snrpluj*, - •
Aoeotints of Banks, Merchants, Corporations and
lodividuals respectfully solicited.
Collections promptly made and remitted for.
Will act as airent f-.r the investiuetit of Idle and
•orplus funds of »unk8 nr Individuals.
Id our active and jrn>w1i.».' \;.Ly money is always In
demand. Our rates reasonable. Ulve us a trial.
8HBRMAN 8. J BW BTT, Pres. JoSlAH JKWKTT, V.Prei
William C. Cornwicll, Cashier.
Bank of Buffalo,
-...-. $300,000
CAPITAL,
Into court,
N. Y.
Tbl« bank tau saperior (actlitles (or maklnx oolleopolnu in the United Statei,
Canada and Kurope.
Liberal terms extended to
loooanf! of bankers and merchants.
COBKKSPONDtNTS.— New York, "atloaal Blioa A
Lftather Bank r'nt.>n M..iMit of f.o'don.
tions on all aocesHible
W. T. Blaokwbll, Frest.
Wilst, Cashier
P. A.
The Bank of Durham,
DURHAin,
Narr
&
Gerlach,
BUOKKR8
,
No. 437 (;HE3rNUT arRKKT,
PHILADELPHIA.
J.G.Fletcher,, sTaTB KA.'»ii.
PrMldent.
I Incorporated 1375.
Kicchangos.
Cable Transfers, Bills of Eicbange
and Letters of
Credit.
JOB. M.
SHOaMAKIB.
134
PHII.ADKLPQIA.
(j.
BALTinOKE.
made on
Wajuksb.
made on
Sonthem
all
prompt returns.
JOHW F. QLcra,
JOHN
Caah.
P.
BANKERS,
points
BRANCH,
THOMAS
on best
&
611
AND
Cor. of Montague A Clinton ats., Brooklyn, N. Y.
This Company is authorized by special charter to
act a-* receiver, trustee, guardian, executor or administrator.
It can act aa atrent In the sale or .nnnavement of
real ustato, collect interest or dividends, receive
registry and transfer buuics. or make purchase and
Balo of tiMvernmentand other securities.
Kelitfious and charitable institutionr<. and persona
unaccustomed to the transHCiion of business, will
find this Company a safe and convenient depository
formoney.
KIPLEY HOPES. President.
W. CORLIKS, Vice-Pres't,
& Co.,
BANKERS AND BROKERS
Trust Co.,
CHESTNUT STREET,
613
^^
_^„^
Burglar-Proof Safes to rent at (fi to $60 per annum.
Wills kept in Vaults without charge.
Bonds. Stocks and other valuables taken under
guarantee.
_,
.
Paintings. Statuary, Dromes, etc., kept In Fire.
received on
deposit at Interest.
O. READING. V.-Pr««"t.
Treasurer * Secretary.
JOHN
Pres't.
8. STOKES,
PATTERSON,
1
rust Officer.
DIRECTOKS.— Jame-< Long. Alfred s. Glliett.Joseph
Wright, Dr. Charles P. Turner, William 8. Price,
John T. Monroe, W.J. Nead, Thomas R. Patton, John
G. Reading. Wni. II. Lucas, I). Hayes Agnew, M. D.,
Jos. I. Keefe, Robert Patterson, TheodorC. Engel,
Jacob Naylor. Thos. G. Ho<id, Edward L. Perkins,
Philadelphia; Samuel Riddle, Glen RiDDLk. Pa.;
Dr. George W. Belly, Harrisbuhu, Pa.; J. SImpsoa
Africa. fiuNTlNGDON-, Henry S. Eckert. RkADINOj
Edmunds. Doty, MirrLiNTOWN; W. W. H. Daxls.
DovLkSTowx: R. E. Monashan, Wist CBXSixBt
Chas. W. Cooper, AIXCNTOWM.
Metropolitan Trust Co.,'
Mills Building,
35 Wall
St.,
New
York.
I,
PAID UP CAPITAL, $1,000,000. 8alieposicory by i>rder of
Deslgnaleil as a legal
premel^iurt.
Receive deposiu
,f
money on
interest.
actastlsiul or transfer agent, or trustee for corpora-
and execute any legal trosts fToa
persons or corporations on as favorable terms ef
tions,
and
ttcccpt
Other similar companies.
THOMAS
HILI.norslt. President.
FREDERIC
D.
WALTER J.
TAPPBN,
.
j
Vice-Preaidaat. I
BRITTl.N, SecretarT-
T
TKLfSTEE8.
Joslah O. Low,
Alex. M. White,
A. A. Low^
Alex. McCue,
PROVIDEIWCE, R. I.
Oo»«ramint 'ant
" ^»'""^"" "<" Forelgr
lliAaM*^
othS'«2.i?i..'^°S"'J'°'*' /^i""'
ua Bolton
Wood,
i^ Kingsland.
President,
M. MCLEAN, First Vice-Pres't,
PHILADELPUIA.
EDMUND
WEVBOSSET STREET,
C. D.
KINO,
Anthorlied CapiUl
*''9S2'SS
SOO.CO*
Paid-up Capital
Acts as Executor, Administrator, Assignee, etc.
and executes trusts of every description known to
the law.
,
t
. .k.
All tmst assets kept separate from those of the
D. R.
The Brooklyn Trust Co.
Dealers In monicipal, state, RaUroad
«"«» r'nited Ktatea Hnnds.
Barger,
A.
MAULON
ajruBt OPotnpantes.
ALSO,
.
O. G. Williams,
B. B. Wesley,
The Union
Money
.
BOerON STOCK EXCHANGES,
New York
D.C.Hays,
JAS. LONG.
Co.,
Specialty,
MEMBERS OF THE NEW YORK ASh
•
proof Vaults-
CvfaalteU ^^uoaauf Miasoan, Kansas ana liiinoi*
iood Investment 4eoorltiea. partnL/ fron
fouri»iet«ht Iter "nT f .r •»)<>
Estabrook,
Maaoun.
Company.
SOS OLIVB 8TBKKT. 8T. LOUIS
Dealers In Western Seen rf lies,
CONOKESS STREET,
Telesrapb Wlro;to
Co.,
ISll.
Keleher
ker,
K.
Geo.
EXECUTIVB COV1MITTBB:
Whitewrigbt,
.M. .McLean,
Johnston,
JAMES
SFECIALTIEa:
F.
Pa
Samuel
James
J. B.
.-chell,
Aiua.sa J.
J\MES H.OOLLVIE, Second Vtce-Prest.
A. O. HONALDSviN. Secretary.
lOWN. COUNTY AND lITY BONDS,
LAKE SUPERIOR IRON MJMNU STOfKS
AND STUKKT RAILROAD SECURITIES
p.
G. Q. WilliHms,
R. G. Remsen,
Johnston,
J. B.
Stokes,
EDWARD
wish to buy or sell. Refer, by permission, to society
for SaTiiigs, Savings A Trust CO. and Natioual Bauks
of Cleveland. Ohio.
ESTABLISHED
C. Vanderbllt,
Edward
Wm.
Co.,
CLijiVELAND, OHIO.
Cobb
Wilbour, Jackson
H. Krothingham.
George A. Jarrls,
I.
Robert Lenox Kennedy,
CLEVtLANI), OHIO.
6c
INVKSrMKNT BANKERS,
BOSTON.
J*rlT»t!»
&
Chas. H. Potter
A
BANKERS,
S%
S. T. Kairchild.
A. A. Low,
President.
NEW ENOLANU BANKERS.
8S
James M. McLean,
Ambrose C. Kingslanil.
James H. 0;riivie,
James Forsyth,
G-iorge Cabot Ward,
Kiward King,
B B Wesley,
Henry
Transact a general bankins business, and DEAL
IN TOWN, COUNTY AND ( ITY BoInDS. Lists
and prices furnished on application. v\ rite us 11 you
Circulars and information on fundi na the dehts
of Virginia and Noiib Carolina free of cost: oneeighth per cent charged for funding. Southern Railroad and State and City Bond» bought and sold
Ko.
TRUSTEES:
D. H. McAlpin,
George li. Carhart,
AND
FKKD. R. SCOTT. Tioe-Preet
&
For the convenience of depositors this company
also opens current accounts subject. In accordanoo
with its rules, to check at sight, and allows iatereefc
np >n the resulting daily balances. Such ohecka paaa
C.
SUPERIOR STREET,
No. 137
BRAMCIJ
CO.,
BANKERS AND CO.MMISSION MERCHANTS.
KICHiraONU. VIK«ilNiA.
Brewster,
A LEGAL DEPOSITORY FOBMONBY
Accepts thetrauaferaKencyauJreKlstry of stoeka.
acts as Trustee of mortg^ces of corporations.
, Allows interest on deposits, which m;iy be made si
any time, nnd withdrawn on five days' notice, with
interest for the whole time they ram:fcin with Uie
and
through the Clearing House.
IVESTEKN BtNUER<>.
Lamprccht Bnw.
Caaliler
RICHinOND, VIKOINIA,
Collections
n Co
BAJLTinoRE,
MERCHANTS' NATIONAL BANK,
terras;
a
tm
and Information
tl.OOO.OOO
|a,..oo,'ooo
„ Whltowright,
Wm.
Kobert Garrett & Sons. Henry A. Kent,
K. T.Wilson,
BANKERS,
Wm. Russell,
C.
Wood,
No. T SOUTH STREET,
James N.
D.
Hays,
parts of the Unltad State*
all
......
company.
SOUTHBRN BBCDaiTlUr
rRANSACT A GKNKBAL DOMESTI
FOasiON BANKINS BUSINESS.
iriiiiniNCTJuv, N. c.
OoUeotlons
OF NEW YORK,
Piatt,
National Bank,
First
Co.,
-
n..
Union Trust Company
F.
T. Walker,
Cashier.
ARKANSAS.
A.
^^
HAMP
Authorized to act a, Rxeontor, Administrator,
Ooardlan, Receiver, or Trustee, and Is
BANKERS AND BROKBRP,
all
. BUKKtriis, Pres'u
j
Chittenden, W.Bay'rdCaluiuc
Chaa. 8. Smith.
L. THORNELI., Secretary.
LOUiaO.
TON. Asststut Becretary.
surplus;
(Members of Baltimore Stock BzobanKe),
and
.
8. B.
CAPITA!,,.
INVB8TMBNT
A'.
D.
73 Broadway, cor. Rector St., N. T.
BALTIMORE BANKERS.
&
W. Phelps, ijohn H.Rhoade*.
Willis w*a«4« w,: #« cn.^is P. Htokee,
., asasv James-Unson
tn^'Jm^gmm
JohnJ. Astor,
liobt.B. .Mlntnm.
John A. Stewart. 'Oeo. II. Warreo.
S. M. Bttck'Kham Geo. HIKik.
U. B. I.awrence.| William Ubber.
Isaac N Phelps, John C. Brown.
Brastns Coming,! Edward Camper.
iW.
Charles B. Bill,
Wilson O. Hunt.
Wm. II. Macy,
Clinton Gilbert,
Daniel D. Lord,
Co.
SOUTH THIRD STREET,
Wilson, Colston
•
i
TRVSTBBS:
„ „ AmoM.
Dan. H
HKNRT
BANKBKt) AND STOCK BROKBB8,
No.
•
r
Samuel Sloan,
James Low,
BOBIBT M. JANNST.
M. Shoemaker &
Jos.
- C300,000
business in onr line.
N. Y. CoKHEspoNUBXTS.— Imoorters' 4 Traders
National Bank and National Kank nf the Repnhl io
Prompt attention uiven to
'•.
D.
/
(
German National Bank,
I.ITTI.B ROCK,
Capital (Paid In) -
Which may bo madont i.i.v im.ii. „ i..i -,,,i„ip„,.„ {|ft^f
and
hien^t f„r
tbe whole lime they m
ccmipiiny.
Kzecutors, admlnlni
>r vsinteV
and females unarcuKi"ni<-«i im l.. jiM^iaiiionof bnaW
"?!?• *" """ "" 'illKl"UK and bfn-Vfileot Instltuliooi.
Will flna this company a convt'iilent depftsltorr for
money.
Joii.^i a. HTEWAKT. Proildent.
Thomas Slocomb,
N. Y. Correspondents— MoKim Brothers
and Sevauth VVaxl National Banz.
or
liKPrwiT!),
WILLIAM II. MACY, VIce-Proaldmit.
JAMES 8. CLARK.Seoood Vice-PrM't
BANKERS AND
Correspondence ioUolted
to Collections.
first-class f.^cilitibs.
New York Correspijndents.— The National Park Bank
paM
act aa xuardlaii
,•
usned.
Pay Special Attention
a iMfnl doposllory for mr>n«TS
la aulliociied tu
flre days' notice,
PIIILADEI.FU1A BANKERS.
iMMjialty.
C,
N.
Is
aud
INTBRBST AIJ,OWKI> ON
-
BUFFALO,
oy .VBW rnriK.
No. 40 rt^A!.!. STREET.
Capital and Sarpliia, ... f a,000,00O
This company
No. 4,
BO!!iTO\, MA^S.
MBMBBB Oy B08T0N STOPK BXCHANON
Members of the Philadelphia and New Vork Stock
Designated X>rpositary of the Vnited Slates.
Capital
COMMISSION STOCK BROKER.
VIce-PrMt
TUB
United States Trust Co.
Samuel G. Studley,
.MCCASULBSS, A. W. HlLL
CaslUer.
l'i«4ldeui.
Svust it^omvnnitB.
I
Henry K Shetdoa
John T.Martin. C.D.Wood.
E. F. Kiiovrlton.
Fred. Croujwell, Wm. H Mala
John P. Holfe, Ripley Rt.ues
MIch.Chauncey, B. W. Curlies,
Abram B B&Vtla.
*" "• "*^"*'
Wtu, B. K«wlaU,U. K. Piorreoont
JAO. Huttd C(7tULAir,6«€i«Urr.
VOU WANT TO HIV l>K ^iKI.L ANY
PUTH OK CA I.I.H ON -TUCKS (IK BOMDSl
write to, telegrai»h to, send for, or call on,
H. \V. ROXK N B \ M,
!!•
I
#0
lkxcha.naf* (''lire, N«*«r Verlc
Telephont eal " New 817."
,
THE CHRONICLE
VI
^iwattcial*
§^p6cinX Ititrjestmewts.
& Ohio Central
RAIL.ROAD
WinvincinX,
REOROAIVIZATIOIV
Toledo
OF THE
&
Philadelphia
and shareholders to deposit
their general
bonds with Messrs. Drexel &
New
4 Broad Street,
&
Toledo
York.
Ohio Central
and Common.
First MortKage, Preferred
COLUMBUS HOOKING VALLEY & TOLEDO
Common
Stock and Scrip.
OHIO CENTRAL (RIVER DIVISION),
Bonds, Certificates and Scrip.
BT
JOSEPH & GRAND ISLAND SCRIPS.
KaDsas & Nebraska Bonds and Scrip.
Bought and Sold by
J.
S.
le
ST^IVTOIV,
AND
18
RROAD
ST.
Investment Securities
BOUGHT AND
TT ANTED
PAYABLE
Toledo Ann Arbor & Grand Trunk
Southern Central of N. Y. lata.
Houston East & West Texas Ists.
OsweKO & Home
certificate entitling hlui to four per cent interest fOr
three year8,or until reorganization if sooner efifected.
and upon reorganization to a four per cent new gen'
mortgage bond for $1,000 and $480 of preferred
stock—the holder of each seven per cent bond to
Income Mortgage and Convertible Adjustment Scripholders.
Pa]/— 10 per cent cash assessment.
I{f!ceive— ^100 Preferred Stock for assessment and
$1,000 (with such addition as equals matured
coupons at reorganization) of Income Stock.
Fh^es Consols, 1st SeriesPay— 10 per cent assessment.
Receive— tlOO Preferred Stock for assessment,
$1,000 Cwithsucb addition as equals the matured
coupons at reurgauizallon) of Consolidated
Stock.
Fives Consols. 2d Series-
Recetve—^160 Preferred Stock for assessment.
[with additional Common
Ists.
E. HACHFIELD,
No. eifi Flue Street.
CITY RAIL.1VAY STOCKS,
TRUST
STOCKS,
CO.'S
TELEGRAPH
Bank
STOCKS,
Stocks, Insurance Stocks.
See my quotations of Trust and Telepraph Stocks
In Saturday's Eve^iill^ Post and Daily Indicator.
%ntsivt8t,
piwtdnwXs^
pENNSTLVANIA RAILROAD
TRBASUEBR'S DEPARTMENT,
Philadelphia, May
Stc,
CO.
1,
1886.
The Board of
Directors has this day declared a SemiAnnual Dividend of
ONE-HALF PER
CENT upon the capital stock of the Company, clear
of all taxes, payable on and after May 28th, next, to
shareholders as registered on the books at 3 P. M. on
April 30th ult.
On May 28th dividends will be paid to women only.
JOHN D. TAYLOR, Treasurer.
TWO AND
Deferred Income UondsPay -2!-$ per cent assessment.
I??cejr«— $25 Preferred Stock for a'sessmcut and
for each §1.000 boiul ?2W) Common Stock.
Certiflcates of ueposii negotiable at the Stock Exchange, entitling the holders to the new securities
after reorganization. Tvill be issued to the depositors.
Sixty diiys' notice by advertisement will be given of
the time for the payment of the assessments.
Under this plan the annual fixed charges are reduced to f6.9*l,0a7, being $954,«17 less than the reported net earnings of 18S3 ($7,026,303), and secure
to the hi^lders of tue Income Stock an annual advantage of $1,559,579. to the holders of the Consolidated
Stock of $1,987,403, and to the holders of Common
Stock of $1,879,029, and the rm)orted averakfe net
earnings of the Inst five years ($0,030,339) would pay a
dividend of five per cent on the Preferred Income antl
Consolidated Stock, leaving an annual surplus fund
for dividend on Common Stock of $333,4^0 90.
To promote the success of the plan an agreement
has been made with a syndicate te advance the expenses and disbursements, and if necessary to pay
the cash assessments.
In case reorganization can be eflTected without foreclosure, under the present charter. Income Bonds
may be substituted for the proposed issues of new
JOHN
We
RAILROAD
CBICAOO & ALTON May
COMP ANY, CHICAGO,
III.,
4,
A quarterly dividend of
DOLLARS per
shajQ has this day been declared on the PREFERKBD AND COMMON STOCK of this company, payable on the FIRST DAY OP JUNE NEXT to
Stockholders of record at the close of business
ours on the FIKTEENTH INSTANT.
The dividend on shares registered in New York will
6.*.^'' ** t*"® o*<^c o* ttc Company's Agents, JOHN
PAT"ON & CO., 62 William St., New York, and on
uiares registered In Chicago at the office of the
Treasurer of the company.
C. H. FOSTER, Treasurer.
TWO
TTIORT-
UPON A RAILROAD PARTLY
6
PER CEXT FIRST
OAOE BOIVDS
Box
2847.
35
STOCKHOLDERS
the time during which subscriptions will be received for the new stock, under the
Bondholders' Agreement of July IS. 1885. has been
extended to May 10, 18S0, after which date the right
of stockholders to subscribe will be forfeited.
All unpaid Instalments will bear interest from
April 10. 18'j6.
For the Purchasing Committee.
»BW
O. D.
XOKK, April
9,
1888.
ASHLEY,
&
Secretary.
Wall
St.,
CO.,
IVew York,
&
Reed
To Stockholders of the Wabash St.
Lonis & Pacific Railway Co.
FOR THE ACCOMMODATION OF FOREIGN
April 10, 1888.
CEORGE COPPELL,
New York Committee.
flOWARD GILLIAT,
Chairman of the London Committee.
in. C. VAN HAI.!.,
Chairman of the
Chairman of the Amsterdam Committee.
Real Estate Debentures;
6 Per Cent Interest. 10 Years' Time.
A first-clasa security, made on correct principles
by some of the best mortgage companies in the counPamphlet
Price, par and accrued interest.
try.
JOHN ROCKWELL,
sent on application.
20 Nassau Street,
New York.
LAKE ERIE & WESTERN RAILROAD
Mr. Henry W. Smith has been added to the Purcha^ug Committee appointed under the plan of reorganization formulated by Messrs. Frank C. HoUlna
Chairman, Calvin S. Brice and Clarence Cary, Committee on Reorganization.
Holders of the securities of the road interested la
settling the property without expensive delays are
requested to at once deposit their bonds and to aflftx
their signatures to the agreement, which will b«
found at. the office of the Central Trust Company
and with the undersigned, constituting the Purchasing Committee.
C. HOI.LIXS (H. B. Hollins & Co.)
FRANK
HENRY
\V. SMITH (Mutual Ufe Ins. Co.)
WILLIAM A. READ Verniilye & Co.)
CLARENCE CARY (Gary & \Vhitrtdge.)
(
Avenue
Fifth
HOTEL,
lIa<1i§on ISquare,
XEW YORK,
The Largest Best Appointed and Most Liberally
Managed Hotel In the City, with the Most Central
and Uelightful Location.
,
BUILT.
of the Road are estimated at lowest
calculation nearly twice the amount of Interest on
the Bonds required to complete the Road, as it runs
through a rich agricultural country.
Information furnished on application at our ofiBce
or by mail.
P. O.
NOTICE,
Rolling
Stock Trust Company, will be received and allowed to
participate tn the plan of reorganization, eicept in
the discretion of the committees and upon such
special terms and conditions as may be then imposed
Flagg,
Duncan BuUding, Cor. Nassau & Pine StB,
ENTRANCE
No. 11
PINH 8TRKKT,
BROKERS AND DEAIiERS
Bo
nr
:n^
p s.
R. T. Wilson
&
John G. Moore. w.
K. Kitchen,
Moore
The Earnings
miilflERS, ITIcGOWAIV
'giixuxxcuxX.
or Car Trust Certiflcates of the Colorado
hitchcock. darling & co.
1888.
NOTICE.
Rail-
dam and New Yoi k hereby give notice that after th«
15TH DAY OF MAY, 18S6. no bonds or shares of
stools of the Denver & Rio Grande Railway Company,
Chairman.
have to Offer to Inrestors upon
Private Terans,
18 Broad Street, N. T.
FINAE NOTICE.
of Reconstruction Trustees,
OARBETT,
B.
SOJfS,
The Reorganization Committees of the Denver &
Rio Grande Railway Company in London. Amster.
stock.
By order of the Board
BY
& Rio Grande
way Company.
I
Common StockPay— ^10 per share.
Receive— HO Preferred Stock for assessment and
$50 Common St*ck per share.
IN
CITY.
Denver
andConsolidatedStockin
Bonds.
The Old Preferred and
DEALER
&
16
same proportions equal to
(.matured coupons.
Convertible 7s and Debentures of Railroadand Coal
& Iron Co.
Pay-^15 per cent assessment.
Receive— ^15() Preferred Stock for assessment,
$1,000 Common Slock, with additional stock to
cover coupons.
All imsecured claivis when proven (whether funded
or floating) get the same recognition as Deberture
BROADWAY,
No. 96
S.VI.E
GEO. K. SISTARE'S
receive $20 additional preferred stock.
J
NEW YORK
IN-
FOR
eral
$250 consolidated Stock,
$750 Common Stock,
Scioto Valley First Mortgage Bonds.
ALBERT
Co.,
Pay— 15 per cent assessment.
lets.
COUPONS PAID
1983.
mortgage
and their other securities with Messrs. Brown Brothers & Co., under
the terms of the plan of reorganization, of which
copies can be had upon application at their respactive banking houses and at the Guarantee Trust &
Safe Deposit Company.
Under the plan the holder of each $1,000 sii per
General Mortgage Bond, with overdue coupons, depositing the same, will receive from Drezel & Co. a
SOLD.
s
PER CENT BONDS,
4
Reading
The Reconstruction Tnisteea of the Philadelphia
& Reading Railroad Company request the creditors
TOBEY& KIRK,
City of Louisville, Ky.,
RAILROAD COMPANY.
OOmnON AND PREFERRED
BOUGHT AND SOLD BY
[Vol. Xi.ll.
Co.,
BANKERS AND COMMISSION MERCHANTS
3 Exchange Court, Nenr York.
&
g. B.
Schlbt*
Schley,
BANKERS AND BROKERS,
26
BROAD STREET, NEW YORK.
Branch OFFICES
Connected with
72 Wall St., N. Y. I. A.KVANS&CO., Boston.
114 So. 8d St., Phila. E. L. Brewster & Co., Chicago.
1418 F St., Wash'n. HcBnARD & Far.iiek, Uartf d.
Private Wire Connections.
But and sell Stocks, Bonds and Miscellaneous B«.
curltles
on
New York
Exchanges, also Grain and
Provisions on Chicago Board of Trade,
&
Spencer Trask
Bankers,
Co.,
Nos. 16 AND 18 Broad Street,
Iransaot a General Banking Businesi
Branch Offices:
Oonnected by Private Wires.
Philadelphia, 133 South Third Street.
Albany, N. Y., 65 State Street.
Providence, R. I., 13 Westminster St,
Saratog)^, M. Y., Grand Union Hotok
'
.
AND
xmtk
W
HUNT'S MERCHANTS' MAGAZINE,
EEPRESENTING THE INDUSTKIAL AND COMMERCIAL INTERESTS OF THE UNITED STATML
VOL.
SATURDAY, MAY
42.
The Comhercial and Financial Cheonicle
is pitbliahed
in
NO. 1,089
1886.
8,
ison with April of 1885, however, is <3uite satisfactory, the
gain reaching 23 per cent, while the total for the four montha
since January 1 records an increase over the like period of
last year of 30-8 per cent.
Ifew York every Saturday morning.
[
Entered at the Post
Office,
New York, N. Y.
,
as geoond class mall matter.l
_„.,.,.= DANA, iWIttlAM B. DANA & Co., Publishers
WILUAM B. „.«»
^^ ^ gj wuUatu Street, NEW YORK.
"
»OHN O. FLOYD.
BOX 95S.
Four months.
Apra.
1885.
1886.
P.OL
1888.
,P.Ct.
f
pogT OFFICE
J
New York
CLEARING HOUSE RETURNS.
877,801,736 +14-4' 1347.020.897 1,068,478,406 -+«e-i
71.788,800
63.944.800 +8-8
16,8.7,600 -rS-Oj
29.90J.15fll
85.787.680 +16-0
B.337,375 +10-1
317,807.667
17.735,100
7.030.1^0
Providence...
of exchanges for the week ended May
1 records a small increase over the total for the preceding
week, the excess is entirely outside of New York, and is
accounted for in the fact that in ail cases the present
figures cover a full week, whereas in some instances the
returns for April 24 embraced only five days' business. At New
York there is a decline from the previous week of over
$7,000,000, in spite of larger operations on the various
exchanges, which indicates pretty clearly a check in general
Comparison with 1835 exhibits a
mercantile transactions.
gain of 12 '3 per cent in the whole country, and an increase
outside of New York of 7-7 per cent. The week's sales of
shares on the New York Stock Exchange cover a market
value of .$69,386,000, against |41,55.5,000 a year ago.
While the aggregate
7,966,800,887 +37-4
8.420.974,948: 1,867.988, 748 +89-6; I0,947,0i 3,086
Boston
Hartford
New Haven..
Portland
LoweU
+2^
+10-3
-12-4
18,233.7041
U.40S.0SO1
17.7I4.fl(«
14.652.952l
3,294,470 -(-13-8
8,961.367 +10-41
1,846.493 +8-6
13,895,424!
13.120,3571
8,253.698]
11.781.618+17-9
18,801 ,9<0 +7-S
7,304,088 +13-0
4,ia,s.727
4.079,801!
4,«04.906i
3,373,985!
3.741.7181
3.270,877'
2.003,218!
Worcester....
Springfield..
-1-7
+88*
Tot. N. Bng.
339,189,480
318,816,879 +13-6, l,518,6*8,314j 1,883,860,371
Philadelphia..
886,894.786
38.210.325
47,830,1)81
187.731,465 +80-7
30,111.09« +10-3
48,262.033; -VS
807,533,791
266.123.194 +15-6
1,838,830,778
1,035,807,8301 +19<
196.232.800;
41.789.650
13.441,801j
11,857.778
4,S1»,226
9.S36.183
7,858,393
2.843,5a»i
11,591,877,
184.32- .881 +6-S
38.54,,,850 +14-3
12,718,,847,, +5-71
10,038,,851-18-11
4,95«,,832( —2-8!
754,707,809!
150,974,600;
37,484,888
49.798.881
674,180,,898! +18-0
143.561,,800+10-7
l.5fl4l +1-S
56.728,
40,151,.599 +84-0
80,152,
.514 —0-4
i.',J34'+22-l
80,649,
t,950-T-33-7
81.589.
18.011 209 -U-»
Tot. West...
299,619,637;
874.469,373
+92
St. Louis
St. Joseph...,
63.523,300!
3,104.722
88.987.539
18,721,806
83,003,0881
6,627,488
64,743,398
—1-9
+8-3
Tot. South...
148,030,003
188,622,197
San Francisco.
46,540,905
Pittsburg
Baltimore
Tot. Middle..
Chicago
Cincinnati....
Milwaukee
...
Detroit
—
Indianapolis..
Cleveland
Columbus.
...
Peoria
Weeh Bndina May
1507,434,669
(Stocla....sltaret.)
(1,848.844)
(717,355)
(Cotton. ...btUa.)
(Orain .buthtU)
(291,100)
(533,400)
(36.745,300)
+14-9
$441,311,314
Balet
Eniing Apr.
1886.
1885.
1886.
New York
ITeek
1.
Omaha
(953,895)1
(-15-5)
Kansas
(-24-8)
Memphis...
New
Orleans.
Louisville
of—
(40,435,000)
(+74-1)
(—45-8)
(-20-9)
(28,733,000)
;-21-4)
(58,179,000)
(36,684,000)
(+59-0)
<30,044,000)
Boston
ProTidence
Hartford
$71,840,546
$04,349,479
3,535,800
1,440.834
4,859,000
1,505.516
New Haven
1,033,003
1,003,336
Worcester
788,378
828,554
Springfield
739,
458,414
838.341
739,433
624,481
383,340
$80,663,365
$74,300,926
.
lPetToteum..bl>U.y
Portland
Lowell
Total N. England
...,
+r8
+18-4
+19-6
937,873
804,804
814,900
745.237
406,808
-11-8
+8-8
+9-8
+10-4
-15-0
+8-6
$77,266,233
+4-6
+lf2
$47,481,367
7.013,707
9,068,627
-11-4
$84,113,501
$47,795,372
8,48o;800
-t6-8
774,199
2,069,345
-43-4
+19-5
-1-8
+9-9
+80-1
-84-3
+82-2
5,433,308
2,817,528
997,071
8,083,827
1,514,560
586.887
8.588,988
8,681,604
Indianapolis.,
Cleveland....
Columbus
Peoria
Omaha........
Denver*
Louis
Bt. Joseph
New Orleans
LonisTllle
Kansas City
,
Galveston'
,
Total Southern..
Ban Francisco
8,869.191
8,658,073
j
1,057,317
2,049,685
1,466,418!
638,568
8,787,697
8,568,146
$71,187,487
-7-B
$14,359,508
083,372
6,303,400
4.353,617
5,981,013
1,038,747
1,044,940
$14,615,545
595,348
6,226,100
4,399,867
-1-8
+15-8
+1-3
-1-0
4,853,990
6,855,988
869,007
-HO-5
+19-5
$32,726,651
$30,961,851
+5-7
$38,542,184
$11,845,960
$771.511.04-;
all
OuUlde New York
$864,077,878
In total.
The returns
1,895,243
1,281,577
+28
+«'S
+14-«
-7-0
+13-8
+25-7
-16-8
+19"S
$66,401,649
+6-0
$14,857,741
817.615
+2-4
+41-8
-7-8
-5-5
+47-7
+41-0
6,086,697
3,587,260
1,336.889
989.681
+7-0
$11,105,842
+6-7
$8,631,277
-18-9
$686,732.429
+12-3
$768.635.825
+13-7
$245.841.115
+7-7
$848,»84.ffi4'
+49
for April exhibit a decrease from those for March
of neai-ly |559,000,000. and reflect to some extent the effect on
the business of the country of the labor troubles, which have
been so prominent a feature during the month. The compar-
isg+^-e
24S,844,388: +1-0
10,347,817 +38-0
143.598,043! -0-9
78,603,0721
64.132,34i;+il8'«
28,668,718 +9-0
248,021,6311
13,757,736;
144.S3I.401
27.759.300 -t-4-4
1S.9T3.48S -1-3
17.176.891i-45-9;
5,107,290 +-«-8
+•«
77.418.34-2
80.962.881
89,037,600,
+8-9j "694,049.341
48,277,108! —5-7]
868,784.379
+5-8
187.349.481; -8-1
-I-
183,389.131
4.044,llS.842i+ie-S
1,157,085,816! 1,041.710,753 +ll-3i 4,098,081,484
Our compilation covering transactions on the various New
York exchanges is brought down for another month, and now
embraces the first four months of 1886 and 1885.
Four
Description.
Four montlu,
nioilt/w. 1886.
1885.
Par Vahie
Actual
Average
Par Value
Actual
Arer'g*
or Quantltv
Value.
Price.
or Quanttty
Valvt.
Price.
Stock— Sh'r's 34.645.680
Value J3047343432
~+8-2 RR. bonds...
+0'7
2.881.8-24i
34,533
1,165,133,9171 l,0S4,51l,881,+12-6
8,578,900,764 8,909,699,498, +'i3-0 15,645,109,610 12,010,414.839+30-8
all.
Outside N.Y..
-01
$43,833,666
9,053,050
$66,099,661
Total Western..
Bt.
Memphis
1,015,055
Total
City...
+14-8
+86'8
3,368,857
$67,893,1831
+38-9
+28-3
+8-6
-10-1
6,420,941
3,078,496
Milwaukee...
Detroit
Not Included
1,455,528
$57,886,269
$43,971,677
8,977,050
Chicago
"
+4-1
+17-8
$40,011,792
10,953.539
(220,200;
4,203,300
-87-8
-4-3
+3-5
-5-7
$«,741,611
Total Middle...
Total
M8
+110
$53,170,685
8.237,873
11,333,783
Philadelphia
Pittsburg
Baltimore
Cincinnati
I
40,3.'S4.780;
in
(-24-9)
.
37.435,2801
88,881,147,
11,437,8571
8.711 .147; +331
1
—1-S
200.790,881
80.088.199
+'n-3
-15-8
5.700, 183
1.630
3,369,
[Per Cent
+18-6
788,179349 +S8-8
112,637,700 +18-6
I87.873.9«7i
197.723.I79i
.963+21-4'
><.102,
24.
$514,630,841]
91S.»3,e3Sl
Gov't bonds.
State bonds.
Bank stocks.
Petr Tm.bbls
Cotton, bales
Orain.-.bush
$820,694,700
$4,784,400
$3,830,398
$533,880
943,763,000
9.179,900
467.238,174
Total value
!
70-3
8143104663
30.571,084!
I2277.808.30O;
1555996137! «8-S
'$84,164,408
$4,763,138 lI9-«
i7(Xi,70« 40-8
$410,711 118-4
1810,714,788
;
$121,282,800
$187,876,478 83-1
$3,977,500
$5,689,168 120-4
$1,785,800
$1,701,5601 20-2
$3e'.,43&
$•42.124' 180-0
$763,899,464 80 9-10o 1,049,449,000
6,888,800 U84,984.7M
$486.930,100;$46 51
648,469,347 ^,782.884
$387,555,108 8-3 9-lOc
W*
—
1
e»«c.
$3348881.981
3.918,798.657
The returns of exchanges for the five days, as received by
telegraph this evening, show gains at all points over the previous week and in the aggregate for all the cities the increase
The comparison with 1885 is also exceedingly
is $239,808,955.
Rfttisfactorv. the excess in the whole country reaching 33'0 per
satisfactory,
cent.
Five Dai/i Bndtnt Mat/ 7.
1886.
New York
1889.
B
D'v Bnd't Apr.
,
PtrOat
PerCtnU
+38-6
SO
+ia-l
$406,688,031
$584,998,338
$489,881,841
Sale$ of Stock ($lu.)
(1.701,005)
(1,891,407)
(T88-8)
(1,080.884)
Boston
PhiladelphU..
Baltimore
Chicago
08,686,918
66,988,987
87,865,560
9319,096'
+80-7
+86-0
+8-5
+87-4
+8S-1
+16-7
88.943,948
+Vt*
4S321.t«8
9,880.378
+84-S
+4-S
-era
+4-7
+4'1
+34-8
+6-0
$808,931,888,
+l»t
98,191,073,
+1B-9
Bt.
47,6.98,189
,
10,068,881
6.856.878
48,981,000
18,841,442
9.361,318
$798,63&601
$69S.079.8(r7|
63,396,385
60372,9*9!
64,774,000
18,069,684
Louis
New
Orleans...
Total
Balance. Coantrr*
9.060.889
8i.M8,000
11,973380
'
Total
Ontside
$891,981,986
all
New York
•animated on
$H|-<.4»2,I86
+82-0
$e»a.ia3.03i
1886,939,648
t818.170.:M3
i-18-9
Mla.434.970'
tlie basil
o{ the last weeklrtretarn.
^is-a
THE CHRONir LE.
558
THE FINANCIAL SITUATION.
There has been a slight improvement in money the past
Bankers' balances have loaned at the Stock
Exchange at from 1 to 4 per cent, but very little was
done at either extreme, the average being about 2^1^ per
Renewals of such loans, are stated to have been
cent.
made at about 2^ per cent, while banks claim to have
weet.
done nothing below 3 per
cent, their comparatively
low
[Vol. XLII.
The socialist outbreak in Chicago this week and the
cowardly murder of several policemen by means of hand
grenades or bombs thrown in their midst, has been the
putes are used as the cover and
there
is
no evidence
to
show and much
as an influence
on trade
it
labor
dis-
to
disprove that
has been quite impossible to
the two, business at
disassociate
Stock loans were naturally unsettled by the
but when
failure which was announced early in the week
this disturbance was over, the demand became less urgent,
being limited by the liquidation of stock accounts, and in
own Produce Exchange
;
the
cause for this violence,
such methods have to any considerable extent the sympathy of the striking employees there or elsewhere. Yet
reserves inducing them to limit offerings to their regular
customers.
Though
engrossing subject of the week.
Chicago
and
nesday and greatly interfered with since then,
result of the fears which the outbreak excitt-d
lest
in
the
disturbed state
of
our
at
being almost paralyzed on
Wed
as
a
—fears
labor everywhere vio-
some measure by the stagnation in speculation at the lence might become epidemic. The mob and bloodshed
Produce Exchange resulting from the communistic riots in Milwaukee further encouraged this feeling; but the
Commercial paper is very general horror and indignation which the Chicago affair
at Chicago and Milwaukee.
report no change in rates, banks inclin- excited and the stern measures which followed it have
scarce, but brokers
ing to be conseivaiive and buying only first-class notes.
The Bank of England minimum was advanced on Thurs.
day to 3 per cent from 2, at which it had s'tood since
February 17. This rise was expected; in fact, for at least
two weeks our dealers in exchange have felt that it was
The
only deferred, but certain to occur in the end.
steady withdrawal of gold from the Bank, until the stock of
bullion had touched the lowest point reached at this time
of the year since 1870, and the unusual figure to which the
item "other deposits" had been reduced, were sufficiently
significant of the action which would soon become imperaThe open market
tive on the part of the Bank managers.
rate in London also foreshadowed it, being at full 2 per
cent last week and this, but yesterday, after the
advance
in
the
official
The
rate,
the
cable
reported
it
served in good measure to re-assure or atle%st to quiet the
is to be hoped taat justice will be so quickly
and severely administered upon the lea-lei-s and insti-
public mind. It
gators in these riots that their entire folk>vviiig will
become
convinced of the unsuitableness of America as a camping
ground for Anarchists.
Aside from these outbreaks, the labor situation has not
materially changed.
The complete withdrawal of the
Southwestern railroad strike is important, though substantially effected last week.
It was also sufiposed that
our street car strike was ordered off on Thursday, but the
arrangement seems still to come a little short of a full settieme t, thi u^h the road is running about as usual and
finds no difficulty in getting new hands.
As to the eighthour movement, it has continued to make progress, extend-
from the ing to almost all parts of the country there is, therefore;
2f
Bank has been almost interrupted since the two per now a very large number of men idle and in the extremely
cent official minimum went into effect, the stock February dull state which business has assumed, it seems as if labor
Bayond a doaot, as a
24th being £22,981,670, whereas it is this week £21,037,- must fare very badly in the strife.
the meantime the Bank of France has been question of abstract right, every man is at libeny to fix
950.
In
drawing gold from every quarter, gaining in the same the duration of his own labor; that is up to the point
where he becomes a vagrant, and then the State steps in
period £5,381,682.
The future of our foreign exchange market is felt to be and fixes his hours for him. But within those limits it is
a little more doubtful than it was. Lower rates were a problem lor each man to determine for himself, be h©
anticipated with much confidence as soon as the French an employee or an employer.
Neither the one nor the
loan was aw rded, but now everything must of course other can however control the success of the operation.
depend upon the flow of gold in Europe. If after the For ins ance we never saw the employer even m good
announcement of the awards for the Freiich loan, the gold times who began by fixing his own hours at eight and
recently collected by the Bank of France shall be to succeeded.
Success is more exacting than mat
it
some extent distributed, the strain w uld be relieved. requires on the part of the employer full day's work and
But if the efforts at Paris to draw gold continue, in most cases a good part of the night too, to
as many think they wdl, because of the dechne in silver be reached.
But the employees have no responsibility
(the quotation yesterday being 45|^d.) the Bank of Eng- beyond the hours employed, and those they can regulate;
at
per
cent.
drain
of
gold
;
;
it stops
yet in this case, too, the regulation to be successtul must
The open ketp within the possibilities of the capital in use. The
market rate at Pans was reported yesterday at 2J per business must be able to pay for the maierials needed, for
cent.
The eiiect on our market of the advance m the the repairs required and for some remuneration to the
Bank of England rate was a rise in sight sterling to capital, or prouuctioa will stop. Labor ought to be able
shipping
the gold
point
and consequently gold to see that it cannot permanently secure more than the
began to flow from New York to London as well business will bear, and obviously it cannot bear in bad
as to Paris.
There is already reported afloat for times what it cau in good times; hence the decided check
London $1,119,039 73 (including $361,181 63 engaged trade has received would of itself decide the case against
for to-day), making with the $1,579,342 25 sent to France the proposal, even if it could succeed
under better
a total of $2,698,381 93 shipped this week to Europe. conditions.
Up to the I St of May our net exports of gold since
It is a surprise that the more intelligent of the
January 1 had been 20 million dollars, so that with the men could have been led into this movement, espectotal of this week added, the loss in stock thus far this iilly at a moment
inopportuue for a rise
in
so
year has as yet been less than 23 millions.
Even prior to this new stagnation, and for
As our wages.
bank reseives are getting low, our money market may nearly two years, every industry had been suffering as
hirden soon and have some effect in checking this scarcely never before. During that period very many milla
land will be forced to further raise
its
rate until
the drain or draws from us a sufficient tupply.
outflow
have tven siopj,ed running, short time has been generally
.
.
May
THE CHRONICLE.
8, 18ffl.]
adopted, and no profits at
all
have been the rule and divicolumn we illustrate
In a subsequent
dends the exception.
the past year's railroad financial situation by an examination of Lake Shore's annual report issued this week.
From
low
that
the country had just
state,
made
;
has been roughly strangled.
it
demand
Some
tran»»ction» can
be largely multiplied, or their
our distributing machin-jry.
For similar reasons the record they give of a dsclioe in activity
is
alike slow
they feel it last.
appear
results
in
—
a start
towards getting out of the rut most any one could see
that the new life needed to be tenderly nursed, but instead
of that,
before
659
Notwithstanding
all this,
ful feeling prevailing
in
there
Is
no doubt a very hope-
business circles.
Confldence in
the good sense
industries
warrants the
workmen,
of the large majority of our people, still
belief that these labor troubles mast sooa
cease.
They are so unwise, and Bod so little public sym.
done only under peculiar circumstances and can pathy, that it seems impossible they should have any
Besides, even it long continuance.
Besides, the earlier contests are all
but be a strictly temporary measure.
this were otherwise and it could be proved that our indus- practically closed and aside from the dynamiters which
to be sure, granting
are,
but
the
it is
change,
tries
could
bear
the
stand
how
any
ambitious
movement
eight-hour
is
of their
entitled
to
;
for
it
it
is
difiicult
workman could
to
under-
stands to reason, that
if
would be entitled to two hours more wages for two hours
more work. If capital can pay his present demand it
could just as easily pay the other.
The depressmg eSect of all this turmoil upon our
One cannot
industries is becoming daily more manifest.
for it is very
help feeling iaipatient in view of this fact
will
hour
he tion of
hours' pay for eight hours' work, he
ten
law
the
an eight
join
this
deal
with and crush, there
movement
one
to
cause,
quently remarked,
everything,
i)oint8
only the
is
With the excepas we have fre-
be met.
towards activity.
IIow far more
favorable and re-assuring than last year the crop situation
is
to-day, it
is
We
hardly necessary to repeat.
say that the week has but confirmed what
Before June
fore published.
out,
is
can only
we have
hereto-
our railroads will
have new wheat to carry. Then there is a spirit of enterstill pervading all classes, which
is held in check for
tantalizing to see a successful year just within our reach the time being by the uncertainties of the moment.
Only
eluding us through mere heedlessness of those who more give the country a safe basis for its activities and there is
;
prise
in prosperity.
But the no doubt of the result.
One of the events of the week interpreted favormust be acknowledged, that
truth, however
We had ably, was the resignation by Mr. Hugh J. Jewett of
industries are beginning to suffer severely.
our
the first evidence of it some time back in reports from his office as president of the Chicago & Atlantic Railmerchants, manufacturers and builders that contracts for road (the resignation to go into effect May 15) and the
work were being refused some being sent abroad and election of Mr. James H. Benedict, the representative of
new enterprise stopped, because of the uncertainty as to the first mortgage bondholders, in his stead. This
the cost to the producer pretty positive evidence of the gave satisfaction, because it was taken to indicate
Next came the a change of policy in reference to the road's relalack of a margin for higher wages.
Of course we may assume that primaterial check in speculative movements, transactions tions to the Erie.
than
others
all
are
interested
unwillingly,
—
—
—
being in the main contracted to the limits of actual con-
marily Mr.
Benedict will look after the interests of his
and spirit. In clients, the bondholders, but these interests and those of
meantime railroad earnings had begun to fall oS, a Erie it should be remembered are not necessarily in conthe
tendeccy wh ch has since increased, the latest weekly figures flict. It fact, it may be taken for granted that amicable
in many cases showing largest loss. Finally in the returns of relations would have been established before this, and possumption, thus taking out of trade all life
our Clearing Houses we are beginning to have additional and
unmistakable marks of this stoppage in industrial activity.
sibly
For the week ending May
relentless hostility to the Erie
1,
the total clearings for the
whole country were $771,511,947 which was the smallest
total for any /'«7/ week since September 26, 1885; moreover, although Stock Exchange operations were over a half
larger than those of the previous week, the total exchanges
a definite settlement arrived
not stood in the way.
at, if
Mr. Jewett had
Mr. Jewett occupied a position of
;
the trust had
come
to
him
simply as head of that company, and therefore should
have been relinquished as soon as his
official
with that corporation ceased; but, instead of
on and used his powers
in the
connection
that,
Chicago road so as
he held
to harass
The current week's and embarrass Erie in every conceivable way, and finally
show some improvement, but the the matter developed into a feeling of personal enmity,
at this city declined 7 million dollars.
promise
returns
to
due to special causes. If we make the com- which effectually precluded all thought of an agreement
although the early weeks of April bitween the parties concerned.
Whether Mr. Jewett resigned voluntarily, or was
were less afiected, yet the story they tell is the same.
effect forced to step down, we do not know and it is a
Below we give our monthly record since July last.
matter of no consequence, but it is well to note that by
Clearingi Outside New York.
ClenHngs Totnl AH.
the purchase of the Cincinnati Hamilton & Dayton in the
1885-86.
1885-80.
1884-85.
P.Cl.
1884-85.
P.Cl.
Huntington interest, he had previously lost (or as good as
i
s
%
e
lost) his hold on that road, which had also been used by
increase
is
parison by months,
m
1
July
Auftust
3,471.301,076
2,984,852,877
September
October
November.
December
.
.
3,199,031,698
2,983,593,069
+«-5
-l-o-o
1,095,248,090
943,155,233
1,019,118^253
933,820,331
+7-3
+1-0
him
in the unnatural
3,022,390,897 +2-9
4,444,»4S,095; 3,4B5,912,44a +27-1
4.&I1.210.4-4 3,101,538,B14 +48-4
4,539,aflO,441 3,512,880,937 +26 2
1,255,202,798
1,125,088,321 +11-8
point to notice
1,222,283,003
1,300.867,073
1,005,818,028+21-5
and Chicago
1,234,495,227
1,137,948,3861 +8-5
was carrying
contest he
on.
The
1,133,981,109 ^-;4-7
3,323,320,982+23-7
3,112,0-3^,471
1,010,593,559
965,908,368, -H'S
&
is,
that
now
it
will
Atlantic people to
be possible for the Erie
come together and
discuss
manner, and certainly
881,038,247 +218
2,781,214,884 +373 1,073,332,41)11
we may assume that any proposition that the Erie may have
983,420,956 +253
March
4,137,344.483 2,99(5.178,877 +881 1,232,288,041
ApDl
3,57«,900,764 2,901>,B99.496 +23-0 1,1W,925.816 1,041,710,753 +11-2
to make will be carefully considered instead of treated as an
These figures present the contrast clearly, and show us impertinence. The prospect of an agreement is improved
whither we are drifting, the April aggregate being the too by the fact that the Erie will be treating with a direct
As to the need for
smallest since last September. Clearings and railroad earn- representative of the bondholders.
Jannarr.. ..
February...
4,110,024,122
3.818,840,141
ings are always the last to record a rise or a
fall in legiti-
matters in a reasonable and calm
restoring
harmony between
the
two systems, that
is
mate enterprise. Of course the clearings quickly reflect stock important in a two-fold way, first in giving the Erie its
speculation, but after a period of depression real enter, own outlet to Chicago and secondly in removing an obstaprise has in great measure to be carried tp full fruition cle to the uninterrupted operation of the trunk line pool
THE CHRONICLE.
560
Jewett, the Chicago
Under Mr.
lance outside of the pool and
& Atlantic
has been a free
thus in a position to
do much
[Vol. XLII.
that other things being the same, seniority of service
be the test
— that
the road under the Erie's wing, this will
and the prospect of continued peace among
he changed,
the trunk lines correspondingly strengthened.
The stock market this week has been devoid of special
company must be given the
protect
the
Yet
company
interest, being almost wholly under the influence of the
labor troubles, the rise in the bank rate, the large shipments of gold having also perhaps some effect. It goes
part of
its
employees.
With
mischief.
without saying that these occurrences did not stimulate
And yet after the severe break on Monday
values.
have been the result of heavy liquidation,
which had been going on since the previous Friday on
behalf of a large speculator, who subsequently announced
to the Stock Exchange his inability to meet his engageto
(believed
ments,) the market was surprisingly strong and very much
during Tuesday and Wednesday, due, some
higher
extensive
to
say,
and others
favor
in
of
purchases
a forced
to
higher
cover short contracts,
to
movement by
prices.
In
the
those
operating
there
interval
was some favorable news which helped the
rise,
such as
the utmost consideration
of
but subsequently the advance in the Bank of
England rate of discount from 2 to 3 per cent, the rise in
the short rate of sterling to the gold shipping point,
tion bill
employees.
has
this
all
and
preference,
in general
manifested for
is
against
not
the
rights
availed
ill-advised action
to
on the
But allowance must be made for
the fact that these are exceptional times.
We
are passing
through an epidemic of stiikes, and an employer has only
to say booh and his men get up and quit.
It does
seem, however, as if, with the company's earnings declining
(the statement issued this weelT shows a loss in net of
$93,362 for March, and of $356,084 for the three months
ended March 31), with Congress and the Government
imposing or seeking to impose vexatious penalties and
regulations, and with the managemeat doing everything
in their power to please everybody, from the Government
and stockholders down to the em^jloyees it does seem as
if under these circumstances the road might reasonably
have been left free from annoyance and interruption from
the striking mania.
—
The following statement, made up from returns colby us, shows the week's receipts and shipments of
gold and currency by the N'ew York banks.
lected
the change already referred to in the presidency of the
Chicago & Atlantic, the " ordering off'' of the strike on
the Southwestern system, and the adoption by the U. Sr«
Senate of the subsidy clause of the Post Office appropria-
must
those longest in the employ of the
is,
Rutlvtibv
Shivvei 6v
N. r. Baiikj. N. F. BonJa.
Wtekrnding Mau 7,1886.
MOO.OOO
«2.008,000
aoid
Gain..
100,000
Total KOld and legal tenders
Stt laUrior
Movement.
t4oa,ooo
»2,10S,000
100,000
Gain.. 11,708.000
;
causing the flow of gold which had previously been con-
The above shows the actual changes in the bank holdand currency caused by this movement to and
from the interior. In addition to that movement the banks
ings of gold
have gained $2,000,000 through the operations of the SubFrance to tend towards London as well, had an Treasury and have lost $2,700,000 by exports of gold.
adverse effect on stock values, and the market closed weak Adding these items to the above, we have tlie followYesterday although reports that ing, which should indicate the total gain to the New
on Thursday afternoon.
syndicate had failed of success were diligently York Clearing House banks of gold and currency for
the Reading
the week covered by the bank statement to be issued to-day.
circulated, this weakness was overcome and the market
It is always to be remembered, however, that the bank
was quite strong all day, with the coal shares especially statement is a statement of averages for the week, whereas
prominent in the upward movement.
the figures below should reflect the condition of the banks
Union Pacifiers detailed report for 1885 has been issued at the close of business yesterday (Friday).
It is,
this week and we have been favored with a copy.
fined to
Wtik endiTU
Into Banla.
-Vai; 7, 1886.
Out 0/ Bankt.
Net Chanue in
Bank Holdings.
was the report for the previous year, full, complete
UOO.OOO Gain.. $1,708,000
and exhaustive, containing 181 pages of matter. The Bankt' Interior MOTement, as above $2,IO8,0t0
Loss..
700,000
8,700,000
9,400,000
8nb-Trea«. oper. and gold exports
desire to furnish stockholders and the public with adet9,800.000 lGain..»l.008.000
Total gold and legal tenders.. ..I tlO.sos.oOO
quate information about the company's affairs is manifest
The Bank of England reports a decrease of £364,512
on every page. The accounts of each road in which the bullion for the week. This represents £44,000 net sent
Union Pacific is in any way interested are separately abroad and £320,512 sent to the interior. The Bank of
stated, and a comprehensive index at the end makes the Prance gained 22,600,000 francs gold and 4,843,000
silver, and the Bank of Germany, since the last
whole easy of reference. We of course have not the space francs
as
. .
to
do more than allude to these features of the report,
especially as the general results of the system's operations
were well summarized
we
in the preliminary statement
discussed at the time of
its issue.
The following indi1,628,000 marks.
amount of bullion in the principal European
week and at the corresponding date last year.
report, increased
cates the
banks
this
which
Hay
Mr. Adams's intro-
Total previous
also
its employees, is
given in the report at the end, and will be found
particularly timely at this juncture
when
the
7,
Oold.
M
1885.
Bilver.
M
—
week
92,289,275 61.166.5731 82,653,486 58,244,968
91,706.669 60,934,593 81,739,293 58,090,116
The Assay Office paid $152,797 through the Sub-Treasury for domestic bullion during the week, and the Assistant
Treasurer received the following from the Custom House.
Oomitiing of—
men on some
OaU.
Western divisions are out on
All of Mr.
Adams's communications breathe the American spirit of
In his first letter we find him Apr. 30.
justice and fair play.
May 1.
"
promising that the company would make no further reduc3.
of its
" strike."
May
26,989,649
21,037,950
53,041,829 45,018,519 42,889,687 42,632,118
18,209,496 16,148,054 12,774,150 15,612,850
Bank of England
Bank of France
Bank of Genuany
The correspondence which Mr. Adams has had from
time to time with the General Manager and other parties,
Silver.
*
rela-
tions to the Government, as well as the character of the
influences to which the company is subject at the hands
of Congressmen and Government officials.
defining the company's policy towards
1886.
Oold.
ductory remarks, however, are quite extensive and deserve
a wide reading, as they set out the Union Pacific's
6,
"
Dutia.
eold.
$222,717
212,283
390,714
665,424
213,149
269,716
09
20
70
$2,000
3,500
3,500
6,000
U.S.
Nata.
$136,000
160,000
259,000
486,000
149,000
195,000
Oold
Silver Oer-
Oertifle's.
tiftceUet.
$17,000
14,000
48,000
68,000
17,000
$67,000
35,000
78,000
105.000
44,000
53,000
4.
72
during the then ensuing winter (1884-5),
"
3,000
28
6.
that if there was not enough work the hours would be
17,000
"
2,000
18
6.
reduced, and not the number of men, the idea being to
$382,000
$181,000
$20,000 $1,383,000
17
Total. $1,974,007
avoid as nearly as possible unnecessary hardships to the
in the above payments were $7,0 00 in silve
Included
men. In his later correspondence we^find him insisting coin, chiefly ^standard dollars.
tions in its force
—
Mat
THE CHRONICLE.
8, 1888.]
LAKE SHORE'S MARGIN^ FOR HIGHER WAGES.
issued this week, though late in
The Lake Shore report
coining to hand as usual
We know
561
of course
that
be claimed that the
it
will
is
unfavorable showing for 1885
wholly owing to the war
which so long existed among the trunk lines, and
this the trunk line managers (the Lake Shore
80 elaborate as to require great time in their preparation
among them) have only themselves to blame. To our
will be useful if in nothing else, in showing the company's present inquiry it is immaterial what the cauw of the
own and other employees how inopportune the present decline was; we are concerned simply with the state of
time is for asking for increased wages or what is the same stockholders' profits, in its bearing upon the question of
—the
statistics in
the report are
Here is a reprething shorter hours at the same pay.
one of the great arteries of com-
sentative corporation
—
merce between the "West and the East, the flow of whose
activity
quickened or retarded according as the condi-
is
tion of our industries
both
operations
the
our external trade.
that
there
if
is,
—
produce
is
gets
it
good or bad.
is
state
It reflects in its
our
of
and
internal
of
the external trade be good
If
the
the internal
If
merchandise and manufactures in all
Now this being so, what kind of a
of
Lake Shore able
A general
1885.
demand
the expediency of the present
for higher wages.
But for the purpose of meeting that form of objection, we
may be permitted to say, first, that lower rates do not constitute the sole
or exclusive cause of the contraction in
and secondly we deny that the trunk
earnings,
to
make
for the late year
was put forth
outline of the results
line
agers had control of the question of rates in
man-
the sense
have been kept high as well as low.
new
the
for
lines
whose introduction
the
Their status and
trunk-line people were not responsible.
their varied branches.
is
for
that the tariff could
trade be good, the eflects are seen in an increased carriage
of local traffic, a heavier passenger movement, and a
return
that
an active foreign demand for our There were
large shipments
in
benefit
the
to the seaboard at remunerative rates.
larger volume
of rates
had to be determined, and
doing this except by competition.
Or even supposing that these new lines had been
brought within the pool at once, it would have been imposthe
other
relations
to
there was
no other way
lines
of
even then to maintain the former high rates, since it
the home and foreign demand for our goods and pro
sible
is
in
duce that in great measure regulates these things, and this
an estimate by the company early in the year, which had greatly declined, and so much of it as remained could
estimate it is now found agrees very closely with the only be retained at very much lower figures.
Moreover,
but in view of the renewed importance under this same diminution in demand, prices for all our
actual figures
that the matter commands, we give below the results for commodities so seriously depreciated that they could no
1 885, as compared with all the preceding years since the longer stand the same transportation charges. F arthermor e
;
consolidation of the system.
restricted
Operating
Year.
Milei.
Net
Fixed
1,340
i
|1S.!09,236 8.368.821
1,828,897
2,121,164
14,898,449 9.776,808
[l7,6H9,033 11,839.528
2,201,459
119,414,309 13.748,398 5,667,911 2,654,380
17,140,131 11,152,371 5,993.760 3,008,193
14,434,169 10,531,301 3,602.698 2,810,294
13,049,177 0,574,836 4,374,341 2,759,989
13,505,159 8,963.966 4,541,193 2,775,857
13,976,786 8,438,601 5,49.3,163 2,718,792
15,271,492] 8,934,524 6,336,988 2,751,988
'18.749,481110,418,105 8,331,356 2,750.374
[17,971,391 '11,278,429 6,692,962 2,725,375
18.225.039' 11,057,807 7,167,832 3,027.000
13.513,«36 11,001,854 7,511,802 3,498,806
14,843,384' 9,133,622 5,710.062 H.720,870
1.340
1,018
1S72.
1.136
1,074
1873
1874
1878
1376
1877
1878
1879
1380
1.177
1,177
1,177
1,177
1,177
1,177
1,177
1.177
1,177
ISSl
1882
1,274
i
5,140,413
5.118,643
5.860,409
1885..
1.340
.
Here we
for a decided
traffic.
In the
rates, this latter feature
Paid.
i
$
has been overlooked, but it is a real factor in the case
Both the passenger and freight traffic of the
nevertheless.
!
i
6 60
8 37
8 55
6 10
6 04
2 20
3 26
3 57
S 61
7 24
11 28
8 02
8 37
8 00
00
00
00
Lake Shore have undergone very material diminution
The evidence of this is furnished in the folsince 1881.
lowing statement of the company's traffic movement
8
8
4
3
2
25
0)
3 23
8 00
4 00
6 SO
during the
8 11
4 02
I 98
i
last five years.
Passenger).
Freight.
Tear.
8 00
Carried
Carried.
One MUe.
2,021.773,488
1,892,S6S,224
3,682,006
4.118.a33
207,e53;31S
1,689,512,415
1,410.345.674
3.909,356
3.626,196
215,718480
1,602,567,033
3,479,474
One Uile.
9,184,503
1881
1882
8 00
5 00
y»mher
Tom
Tom.
8 0()
8 00
]
1883
1884
name
prominence given to the decline in
|l4,133,506i 6,287.6371 4.846.96»| 3,867.456
1870
ISTl
only another
Earned.
»
?
i
is
the volume of railroad
per share of »100.
Earnings
\
demand
contraction in
DiuidciKis.
9,195,338
1883
8,478,605
1881
1885
7,383.688
8.023.093
^
227,098,986
160,803,881
176,830.308
on a larger mileage the road had
smaller gross earnings in 1885 than in any year since
Thus we see that both in the actual number carried and
1878 and smaller net than in any year since 1877. As the mileage of the same the passenger movement in 1885
In freight there
fixed charges had in the meantime materially increased, was the smallest of the five years given.
the
that
find
amount remaining
for the stock
was only §1 98 per was some recovery over 1884, but with that exception
much as §11 28 per share only five years this movement also was the smallest of
If we were to allow for the $250,000 with the partial recovery in 1885 the
share, against as
before—in 1880.
regular annual contribution which the
company had
make
for the stock in
to the sinking fund, the
amount
to
1882,
Even
against over 9,100,000
dled was only 8,023,093 tons,
tons in both 1881 and
the five years.
actual tonnage han-
and the tonnage mileage
milagainst 2,021
1885 would have been only $1 48 per share, instead of was only 1,602 million tons,
$1 98 as given but taking the latter figure, it is less than lion tons. The extent of the decline in the passenger
In movement is evidenced in the fact that whereas in 1882
in any previous year since the company was formed.
other words, the year 1885 was the poorest in the com- the number of passengers carried was 4,118,832, in 1885
:
pany's history.
Jloreover,
was thus earned on the
view
of
the
conditions prevailing,
expedient to pay
the
first
though a small
it
percentage
stock, the officials of the road, in
did
not deem
out to the shareholders, and hence, for
Nov.
1,
1884
—
less
than 177 millions in
that on
roads like the
1885.
It
New York
is
noteworthy, too,
Central and the Erie,
fact,
the same contraction in business between 1881 and 1884 is
observable, and that gives us the true explanation of the
—nothing
falling oS, namely, the universal prostration of all trades
time in their experience, these latter had to go
without receiving anything on their investment.
since
it
number was only 3,479,274, and the mileage traveled
by the passengers had fallen from 227 millions in 1882 to
the
over a year and a half
In
whatever has been paid on Lake Shore stock, a stock and industries, restricting transactions to the minimum
which formerly ranked as a regular eight per cent of the country's needs. The truth is, since 1831 we
dividend payer.
And this illustrates how severely the have passed through an era of great depression, increasand though some improveowners of the property have suffered. Yet at such a ing each year in severity
time and under such conditions labor asks for higher pay. ment has taken place since last July, the margin
;
THE CHRONICLE.
562
of trade had become
of profit in most branches
no larger than shown above in the case of the
Proof of the widespread character of the
Lake Shore.
depression is found also when we examine the different
items of freight carried by the company and the changes
trunk
[Vol.
the
New York
the
lines,
rates to all
seaboard
roads
cities;
these various wars the difference
yet
it is still
XUI.
contending for equal
but though as a result of
no longer what
is
considerable and enough to give
New
it
waS)
York's
competitors a very decided advantage.
Take for instance
In coal there has been a gain, as in the case grain from Chicago, which is carried to New York at 25
But the tonnage of iron has cents per 100 lbs., while to Philadelphia only 23 cents is
of most Western roads.
And this difference is not confined to grain,
declined from 434,019 tons (1881) to 170,420 tons, lum- charged.
in the same.
tons, animals
ber from 1,015,199 tons to 692,205
563,555 tons to 435,324 tons,
grain from
from
1,509,444 tons
from 479,522 tons (1882) to
and merchandise and other articles from
Below is the yearly move1,774,568 to 1,553,267 tons.
ment of the items that show the heaviest decline.
to 1,142,422, manufactures
261,801 tons,
but extends to all classes and kinds of freight.
Nor is it
on the east-bound movement alone that Philadelphia has
this advantage
the same ditference exists on shipments
westward, and to and from all Western centres. This
;
latter
fact
not
is
to the effect that
fuctures.
Tiins.
Tons.
434,019 1,015,199
358.815|l,081,185
1881...
1882...
Manu-
Lumber,
Jt.B.
Irmi.
8W,47e
18S4.
135,653
1885..
170,4201
890,907
673.774
602,a03
Merchd^st
ic Other
Articles.
Kinds.
Tons.
Tana.
Tbns.
413,324 1,566,154 9,164 508
479,522 i,774,56S| 9,195.538
415,82i; 1,583,085; 8.478.605
303,720 1,405,132; T,36-',688
261,801 1,553,297> 8,023,093
Tons.
Tons.
563,555 1,509,441
fll,748|l.a03.979
I
I
4.'i«,878Jl,160,489
442.898 1,005.852
435,324 1,142,122
Hence, in whatever way we look at the figures, whether
from the standpoint of income, or of profits, or of the
volume of trafiBc, or the diSerent kinds of freight carried,
we are met with overwhelming proof in support of the
assertion that our railroad
system
of prosperity, but the reverse,
is
not enjoying an era
and that therefore to
for an increase of expenses at a time
when every
call
instinct
good management suggests retrenchment and the
practice of economy, is not only unwise but unreasonable.
of
from Philadelphia
neous,
we give
AND RAILROAD
known,
and
it
is
Cincinnati, on
The
cheaper to ship from
show that
to
;
New York than
that statement
is
erro-
the following table of the rates from Phil-
New
adelphia and from
a
York, to Chicago,
number
rates are the regular
of leading
tariff
in
St.
articles
Louis,
and
of freight.
force on the Pennsyl-
vania Railroad.
Ratts ^tr Car Load.
^
Chicago,
from—
New York
8t Louis,
Cts Vts
perlGOlbB.
per 100 lbs.
Philadelphia
V)
(ts vt>
45
S5
83
85
41
41
89
8S
S3
25
75
from—
New York
per 100 lbs.
per 100 lbs.
Philadelphia
89
87
81
Cincinnati, from—
New York
Philadelphia
PHILADELPHIA'S TRADE
RATES.
it is
Tat^l
all
generally
so
particularly interesting in view of the Record's statement
Thus
to
per 100 lbs. 30
per 100 lbs. •28
and from
all
39
37
SO
28
I
30
28
points Philadelphia has an advan-
more per 100 lbs., and this advanThe local papers in Philadelphia are again becoming tage, all things being equal, would be sufficient to turn the
concerned about the trade of their city, and the Record scale in favor of Philadelphia and against New York.
has lately been prominent in citing evidence going to Of course, when the roads are at loggerheads and taking
show,
tage of two cents
or
writer thinks,
that Philadelphia is losing business at any figure, this difference and advantage does
"
York.
It is usual to get up a " scare
not prevail, and New York then gets as favorable
of this description every now and then, and to draw rates as the other cities.
But that is not the case
gloomy pictures of an impending decline of the city's at present.
The roads are at peace, and the tariff
as
the
business to
New
the present discussion, therefore, is being faithfully observed.
Under such circumstances,
would not merit notice except that the Record in under- we are at a loss to understand the basis of the claim
taking to assign a cause for the difficulty makes a state- made.
Besides, are there not other reasons to account for
ment which because at variance with the ordinary known the special fact referred to in the letter the Record pub"
facts challenges attention.
lishes from a banker in the interior of Pennsylvania, and
From the Record it would appear that the Pennsyl- who asserts that whereas fifteen to eighteen years ago
vania Railroad is responsible for the circumstance that nearly all the Eastern checks received on deposit by his
New York is being patronized so much more extensively bank were drawn on Philadelphia, now they are nearly all
than Philadelphia.
It refers to " adverse discriminations on New York ?
This he takes as evidence that most of
"of Philadelphia's only trunk line " as "tending to drive the people in Pennsylvania are selling their commodities
"the business of the city to New York," and then in New York or to those who deal in New York, and that
states that when Philadelphia merchants ship goods to the these people are also buying there
in effect, that the
West they send by way of New York, and the merchan- whole trade goes to New York.
mercantile activity
;
—
is returned past their doors at lower rates than can
be obtained for shipments direct from Philadelphia to the
West. The Record expresses surprise that the commer-
dise
bodies of the
Suppose we allow that the assertion is correct (which it
is only in part), can we not account for the change
on perfectly legitimate grounds ? Fifteen years ago the
probably
city should "calmly submit to such
fancy that these commercial bodies would
not submit, should such a state of things exist as our con-
country was not as
temporary pictures, and the fact that they remain silent
would in itself suggest doubts as to the accuracy of the
commerce not
tration
cial
"injustice."
We
Record's statement.
In
reality,
however, so far from Philadelphia being dis
criminated against in the matter of rates,
it is
New York that
has to suffer under the burden of heavier freight charges
rich, its
so extended^ its
population not so large or so scattered, nor their wants so
varied and numerous, and there was no such great concenof capital and wealth in New York as we now
The Western country then did not exist. NewYork and Philadelphia both had a certain amount of local
territory to take care of, and the interchange of comNew
modities was largely confined to that territory.
York had the business of the Empire State, and Phila]
find.
and by official sanction of the trunk lines too. It will be delphia the business of the Keystone State, while the
remembered that this difference in favor of Philadelphia territory beyond their limits, as already stated, w..s not
and the other southerly seaboard cities has more than then of the consequence it now is. Hence it wsis not
once caused serious and prolonged trouble among the st-ange that the checks deposited in the interior banks of
.
1
.
.
May
THE CHRONICLE.
8. 1880.]
r,«3
Fennsylvania were very largely drawn on rbiladelphia. But
202,866 bales, while in 1885 it waa iU.t,:i75 bal^a and la
no longer the business and trade of the seaboard the previous year 111,755 bilea. Contrasted with lut
section that is to be provided for, but the business and year the total to May 1 records an excess of 372,009
trade of the entire country, and checks flow here from bales, and the gain over 1883-84 reaches 332,325 bales.
now
it is
every Slate and from every district, not only to meet debts The exports to foreign ports during April show a decided
payable here, but for distribution thence to other placee, excess over both 1834-35 and 1883-94, reaching 322,149
for New York funds are in demand everywhere.
bales, against 186,302 bales and 186,098 bales respectively.
The
CONSUMPTION AND
COTTON
OVERLAND
MOVEMENT TO MAY
Our statements of overland movement,
&c., are brought down to-day to the first
now
the
first
eight
months
1.
receipts, exports'
May, covering
of
of the cotton season.
OVERLAND MOVEMENT TO MAY
80,461
against 51,932 bales in 1885, and
bales,
80,276 bales in
1884, while for 1883
it
reached 89,155
on the railroads in the West and
Southwest have no doubt tended to check the forwarding
of cotton by rail, but to what extent it is of course impos-
The
bales.
Mmtnunt from ItecHpU
tlnct
a$vt. 1. 18% to
Sept. 1,
Man 1. 1880.
188S.
Contrasted with the large crop year of 1882-83, however,
The month's
the April figures record a small decline.
strikes
Oalreflton
688,751
Indlnnola, &0.
781
New Orleana..., 1,000,789
Mobile
237.8;B
Florida
50.028
Savannah
788.453
Brunswick, Jtc.
16,055
Charleston
471.fl«
Port RoyaUAo.
ia,»86
Wllmlnirton..
89.228
Moreh'd C. &G.
7,724
.Vorrolk
527.231
West Polnt,4c 203,531
New York....
53,749
Bostoa
92.444
Baltimore
48.443
I'hUadelphia,.lkc.
sible
determine.
to
without
It is
adverse
this
perhaps safe to assume that
influence
the
movement would
The aggregate
have equaled that of 1883.
for the eight
months exhibits a marked increase over the two preceding
seasons, but falls about 7,000 bales behind 1882-S3.
The
net movement for April also makes a satisfactory comparison with the corresponding period in
previous sea-
sons, reaching 59,463 bales, against 22,536 bales last year,
20,398 bales two years ago
and 27,538
bales
Furthermore, the total net for the season to date
in excess
of
largely
any former year within our record.
usual table giving in detail
months
in 1883.
is
the
movement
1
TO MAY
1885-86.
Bince September 1 Shipped—
From St. Louis
Over niinois Central
Over Cairo & Vincennes
Over the Mississippi River, above St. L.
Over Evansville & Terre Haute
Over Jefferson viUe Mad. & ludiauapolls
OverOhlOife Mississippi Branch
Over LouiaviUe Cincinnati & Lexington
Heceipts at Cincinnati by Ohio Kiver. .
Keoeipts at Cincinnati by Cln. South'ru
Over other routes
Shipped to mills, not Included above. .
1884-85.
5,821
1,071,817
894,760
953,946
Receipts overland at N.Y., Boston,&c.
Shipments bevween (or South from)
237,273
231,603
316,908
Western interior towns
Bhlnments inland and Southern Spinners' Takings (not otherivise de-
57,326
51,235
43,68
—
ducted) J loni
236
100
228
7,007
1,039
5,471
5.350
13,145
1,113
6,318
1,411
5,sG7
Total to be deducted
329,704
316,042
407,220
L^avlnc
742,113
578,718
546.726
MobUe
6,694
13,180
878!
Charleston
North Carolina ports
Virginia i>orts
,
,
total net overland*.
*
13,800
1,160
96
1.214
This total Includes shipments to Canada by rail, which since
September 1 In 1835-6 amounted to 33,917 bales. In 1884-5 were 21,043
bales and In 1383-1 were 18,443 bales.
RECEIPTS, EXPORTS
AND SPINNERS' TAKINGS.
exhibits
JVonM.
»
6.607
93.464
9,aoi
513,106
75.949
ntjim
8M88
1440MB
ISMM
U,IMB
42.446
w.8ee
s
99,901
8.262
289.546
897.708
S0.B38
84,390
20,622
101.900
806,912
89,144
49,839
1,840
23,18<
88JM3
4.001
6.709
208.175
84.910
16,941
is:.o»
58,728
659,288
1,810
120M4
2e.810|
121,809
4.;
l.M4^
49.126
8.486
810,047
«,StO
87.487
17,087
370,118 1.176,^78 3.575,018
.714,872
S
195.13S
35.787
2328
67,215
80.463
369.495
82.659
37,36.5
93.864
4i),S6C
40.772,
280,124
May I.
Totai.
878,496
674,080
42,446
9,746
509.009
TO-
nent.
l.48<I.A35
227,817
77,489
714.644
MSB,
1,
CbnM-
Britain'
828,113
119.374|
1,635
2,022,352:
Total 188485..
4,6(16.289 2,233.615;
361,017
9KI.349|3,551.021
553,698
Total 1883-81..
4,70fl.8?3 2.188.1701
447.575
874,S
Bi<l.0B7
*
1)8.608.9811
Great Britain exports Inoiade to the Channel.
Note.—The exports from New York to Great Britain include 29,808
bales to Hull, which were subsequently re-exported from Great Britain
to Baltic ports, Ac. We give the whole underGreat Britain, bsoanss that
is the port to which the United Slates exported it ; the final destination
it Is well tor our readers to know, but It would be inaccurate to incorporate these shipments into our continental exports. They appear In
Great Britain exports to the continent.
Using the
facts disclosed
by the foregoing statements,
shall find that the portion of the crop
which has reached
a market through the outports and overland, and the
is
1
May
is
1884-55.
1883-84.
742,113
578,718
546,728
1.
279,000
264,000
239,000
...bales.|R.060.3ll 5.484.007 .'5,517.599
1
The amount
1885-86
I
bales. 5,781,3115,245,007 5,253,599
Southern consumption since September
Total to
year and
bales. 5,039,198 4,666.289 4,706,873
Net shipments overland during same time
Total receipts
this
1,
as follows.
1885-86.
May
of cotton
marketed since September
1 in
thus seen to be 576,304 bales more than in 1884-85
and 542,712 bales more than in 1883-84. To determine the
portion which has gone into the hands of Northern spinners
during the same period, we have prepared the following.
Total receipts to May 1, 1386, as above
bales. 6,060,311
commencement of year
At Northern ports
At Southern ports
Stock on hand
Deduct—
Savannah
Oreat
453,850
10,773
5,039,198
Receipts at the ports to
237,152
54,406
165,140
76,485
24,973
43.539
80,863
59,812
20,639
71,733
57,957
6.247
,
CZPORT* nVOM •PT.
1SS3-84
265.469
134,711
153,530
19,092
36,017
39.336
16,666
40,320
34,035
6S,707
79,036
Galveston
New Orleans
Sept. 1.
1884.
the two previous years,
1.
336,746
166,901
79,928
16,525
43,529
37,394
16,947
66,496
64,715
95,572
86,192
10,882
Total gross overland
4'!,e37
Bectlptt
ttnet
Southern consumption since September
of three years is as follows.
OVERLAND FROM SEPTEMBER
Total 1885-86..
Oar we
for the eight
now
are as follows.
1.
Shipments during the month have been on a fairly lib.
eral scale, the gross overland exceeding that for the same
period in the two previous years, the former very largely.
total is
total for the season to date, therefore,
moderate increase over the two previous years. The
receipts, exports and stocks, presented in our usual form,
(Sept. 1,
1885)—
103,225
21.314 —129.539
At Northern Interior markets
2,382- 132,431
6.192,73*
Total supply to May 1. 1888
Of this supply there has been exported
to foreign ports since Sept. I, 1885.3,575,048
e,432-3.ri68,ei3
Lessforelgu cotton included... bales.
33,347
Sent to Canada direct from West
2,537
Burnt North and South
Stock on hand end of month (May 1, 1886)—
bales. 360,891
At Northern ports
353,181— T14,372
At Southern iwrts
At Northern
interior
markets
10,411—4.3:9,916
,S6?.816
Total takings by spinners since Septemt>er 1, 1385. .bales
Taken by Southern spinners
1
Taken by Northern spinners since Scpteml>er 1, 1895
Taken by Northern spinners same time in 1884-96
1,5'»3,»X«
Increase in takings by Northern spinners tliisyear
The above
indicates that Xorthern spinners
279,000
1.233.683
350,133
had up to
Port receipts continue to exhibit gains over the two May 1 taken 1,583,816 bales, an increase over the
preceding years, in which all but two of the more im- corresponding period of 1881-85 of 350,133 bales and an
portant ports participate.
The total for the month is increase over the same period of 1833-84 of 192,038 bales.
THE CHRONICLE.
564
AMOUNT OF CKOP NOW IN SIGHT.
we have the number of bales which
already been marketed this year and the two previous
has
An
seasons.
additional fact of interest
which was
in
sight
May
on
is
1,
apkil.
1
dllng.&ixQi ard.
May
1 to
to the
be as follows.
1885-86.
5,484,007
72,000
5,517,599
35,000
226,263
movement up
This
the present year is 730,567 bales more than
733,975 bales more than in 1883-84.
indicates
that
5,552,599
5,556,007
6,286,574
bales.
Total in sight
1883-34.
6,060,311
Total marketefl, as above. ...bales
Interior stocks in excess of Sept. 1
1884-35.
May
to
the
1
in 1884-85
of
and
what has come
sight each month of the season during this and previous
years, we have prepared the following, which shows the
As
it
into
will interest the reader to see
movement
313
for the last four seasons.
6%
3-13
1...
2...
3...
4...
5...
6...
7...
8...
9...
10...
11...
12...
13...
14...
15...
16...
17...
18...
19...
compared with
above the stock remaining at that date at the interior
the
towns, less stock held by them at the beginning of
result for three years
In this manner we find the
season.
on
1885.
Oott'n\Print- Sheetings,
ing
low
mid- cloths, stand-
the total of the
"We reach that point by adding
previous years.
[Vol. xlii.
1886.
In the foregoing
crop
.
.
.
634
631
8%
313
8l3ia
813i„
813,e
313
813u
306
306
lOlSjg
1078
306
Yii"
3-03
714
IH
3 09
7>4
714
714
10»8
1058
10=8
lOiiie
313
313
313
313
313
313
813l,
813i„
day
day
3-20
3-20
813i6'
813ie
8^8
S's
lOiljf
lOi'id
3-20
3-20
ll»fl
7>4
7'4
7)4
714
7>4
714
il9i6
11»16
119,8
im
1113
1113
714
lOifl
.
3-16
3-16
3'18
3-13
314
3-16
363
6%
ll^a
7H
S...
..
3-60
3-56
7Jfl
3o6
ilia"
1138
1138
7>4
714
714
714
713
713
3-63
3-63
3-60
3'60
imi
7'4
Vh"
3-63
8.
107i8
I05i6
lO'ia
714
7^4
7>4
714
7'4
7^4
S...
..
ll»s
1113
714
714
711
7>4
14
3-
3-63
3-63
3-63
3-63
3-63
3-63
i'lJa"
214
lOSia
109l„
10^2
I
..S.
lOUie 3-14
.
3-58
3-63
7'4
3-63
7>4
3-63
714
Holi day
3-63
734
I
8...
lOlllB 3-13
634
631
6*1
6!^
320
..S...!
...8...
63,
6?i
63i
3-20
..Holl
..Holi
.
"eK
320
3-12
3-12
!
356
1138
1138
ll'ie
634
634
631
631
63i
63i
I
3-56
il'Sift"
308
10%
10%
10%
714
7=4
714
714
I
3o6
113l6
113i6
113,6
7'4
S...
7H
3-50
3-56
111]6
11%
..
lO's
10^8
lO'e
.
8.
3-14
3'20
3-25
813i,
813l6, 3-25
813i8! 3-25
3-22
20...
21...
22...
23...
24...
25...
26...
27...
28...
29...
30...
:
7H
7H
.HoU day
306
813if
Sl3i„
8...
Shtttings,
634
634
634
634
634
634
3-13
3-13
3- 13
3-14
3-14
813i6 3-22
8i8ie 3-20
OoWn
Print- SheetIa
ingi,
low
lou)
mid- elotM, stand- mid- cloths, standdling. 64x64 ard. dling. 64x611 ard.
S.
813u
1884.
OoWn PrinU
7Ja
The abovepricesare— For cotton, low middling upland at New York,
for sUeettngs, agents' prices,
'or printing clots, manufacturers' prices
which are subject to au average disoounnt of 5 per cent.
;
1884-35.
18S5-86.
Months.
November
January
February
513,187
291,753
192,903
83,911
April
5.556,007
5,552.599
1,309,111
1,390,902
1,360,404
6,286,574
Total 8 months.
402,336
450,047
1,325,716
1,317,773
1,264,816
453,985
370,337
262,772
107,153
413,836
483,552
1,360.870
1,443,433
1,488,532
541,793
479,591
301,156
185,597
September
1882-83.
1883-81.
803,565
664,834
518,540
265,057
2fumber of
Sales.
1,
Weight.
516-67
481-50
513-63
478-00
498-00
469-00
466-20
470-50
465-25
494-00
509-79
477-11
493-00
468-00
466-98
472-90
470-38
431-11
432-11
Tennessee, &o..
1,258,330
6.060.311
2,952,034,259
Alabama
Georgia*
South Carolina
Virginia
Total.
*
Same
peri'd in peri'd in
1884-85. 1883-84.
Weight.
North Carolina.
1,656,739
502 00
485-33
475-50
474-88
466-75
490-64
487-11
1
Weight.
49300
that
the
movement up
to
May
Character of
luue.
Amount
Inter't
1891.
iiia
Coupon.
Registered.
I
163.775.350
200.366,350
Option. Q.-F.
Ss
Outstanding.
Q.-M.
«
I
49,633,0S0{
shows an increase in the average weight as compared with
same time in 1884-85 and 482-11
lbs.
*64,6-23.512,.
«
$
1,228,315
t
14,515
360.977
737,750.-300, 1.827,603
58,998
210.700
14,000,000
•61,623,512
21,809
;
$9,712,003 Jan. 1,
for staple cotton goods
out the month, but prices remain fairly steady. Some
were placed for later
large orders for cotton flannels
demand for
a hand-to mouth
delivery with the commission houses, but the
and colored cottons was chiefly of
character, and light in the aggregate, operations having
been checked to a considerable extent by labor troubles in
plain
various sections of the country.
Print
cloths continued
demand, and the market closed very firm at an
advance of about seven points upon opening quotations,
owing to the exceptionally small stocks on hand, the total
held by manufacturers and speculators reaching only about
in fair
391,000 pieces, against 460,000 pieces at the close of
March, and 1,364,000 pieces
May
1,
1885.
6.995,675
'j.884.022
Is
$5,856,795
DEBT BEARING NO INTEREST.
Amount.
$57,505
818,681,016
Old demand notes
Legal-tender notes
Certificates of deposit
Less amount held In Treasurer's cash
11,710,000
225,000—
137,112,100
certiflcates
S2.S96.875121,871,196
Silver certiflcates
81,111,055-
Less amount held In Treasurer's cash
Less amount estimated
90,788,111
15,330.101
Fractional currency
8.375,934-
as lost or destroyed..
6,981.557
$510,656,114
Aggregate of debt bearing no Interest.
RECAPITULATION.
per Dale in
was quiet through-
702
110,000
1,292,170
DEBT ON WHICH INTEREST HAS CEASED SINCE MATOBITY.
Principal.
The market
2,199,187
1.
Aggregate of debt on which Interest has ceased since maturity
Interest due and unpaid thereon, $208,851.
1883-84.
THE COTTON GOODS TRADE IN APRIL.
1.875,000
1S95; $3,61)0,000 Jan. 1,1898;
1807 ; »29,901,958 Jan. 1, 1898 ; *M,001,56
mature Jan. 18.1895; $640,000 Nov.
»1,S20,000 Feb. 1, 1S96
Jan. 1, 1899.
Accrued
163,775,360
250,000.000
1.0a8.141.4C2 178.010.600 1.230.365.763
Aggregate..
Dm
ikUnpaid. Interest.
ToUtl.
803,378,650 128,877,550
190T.
•2,382,000
Int.
I
P'y'ble
Less amount held in Treasurer's cash
1
the same period of the last two years, the average this
year being 487-11 lbs. per bale, against 481-11 lbs. per bale
for the
INTEREST-BEARING DEBT.
Gold
Including Florida.
It will be noticed
1885.
1,
.
Average Average Average
237,819
834,530
435,588
792,765
106,952
687,532
Louisiana
1886.
1886, according to the
day of April,
last
April
Q.-J.
Q.-J.
J.& J.
88, peoBlon
Paolfio RRs... J.&J.
Weight in
Pounds.
355,227,158
797,719,328
119,385,138
405,022,445
230,897,094
376,168,243
49,919,816
617,414,507
Texas
on the
new form adopted
Is refde.certfs.
Same
May
of business
I9
the same time in the two previous seasons.
1886.
The following is the official statement of the public debt as
appears from the books and Treasurer's returns at the dose
it
6,673,051
WEIGHT OF BALES.
To furnish a more exact measure of the receipts up
to May 1, we give below our usual table of the
weight of bales. "We give for comparison the figures for
Eight Months Ending
TEE DEBT STATEMENT FOR APRIL,
1,130,761
1,102,952
1,435,006
Interest-bearing
debt—
$
Interest.
250,000,000
737,753,200
4b
163,775,350
210,700
Refnnding certificates, 45..
Navy Pension fund, 3s.. .. 11,000,000
61,623,512-1,230,8 E?62
Pacific RR. bonds, 6 p. ct.
r.s:e -as
Debt on which Int. has ceased
.
Debt bearing no interest—
Legaltender notes. &c
Certificates of deposit
Total.
:
$
$
$
9.279,697 1,889,615,459
206,851
6,068,619
346,738,521
11.515.000
81.715,225
00,733,111
Fractional currency
640.656,441
6,951,567- 510,658,111
1,786,385,553
9,186,551
1,776,8:9,001
Total debt
.$202,307,706,
Less cash items available for reduction of the debt.
100,000,000, $302,307,708
of U. S. notes
Less reserve held for redemption
.
.
,1,184,
Total debt, less available cash Items
Netcasblnthe Treasury
Debt, less cash in the Treasury, May 1, 1888. ..
Debt, less cash In the Treasury. April 1, 1888.
Decrease of debt during themonth
,
.j
77,
037,847
030,909
1,107,0-26,847
,902,283
I0.H65.3S7
.
.
,
—
.
.
:
.
THE CHRONICLE.
31A.V 8, 1886.1
irrom ourownoorrMpondant.)
UNITED STATES TREASURY STATEMENT.
The following statement
Treasurer,
for April,
has been issued.
It Is
from the
office of
LOSDOK, SaturdAy, April
the
based upon the actual
Up
much
eturns from Assistant Treasurers, depositaries and suiwrlntiie
tendentsof mints and assay
offices,
and shows the condition o'
the United States Treasury April 30;
March
we
give the figures for
31, for comparison:
MABCn
80, 1866.
AMtta ami
AHeU and
JCluftUUiM.
137,112,100
58,896,875
...
on hand
Cortltli.'atc9
.
Cerllllc's. net. (Linfcfl«i/)
Net gold in treasury.
BiLVEU— Dollars,
155,865,808
f.tMe«) 178,4.S5.024
Certiflc's, net. {Liability)
Not silver in treas y
(Asstt)
O. States notes
Cert iticales Issued
Certificates on hand
—
87,608,774
11,740,000
226,000
Certifles, net. (Liability)
U,515,000
Debt and
86,849,603
it
all
political
ht
holi-
future
The
dealinga.
Is
Irisb
the duration of Mr. Oladstone's ministry,
the nature of advices
;
it
will soon be deIs
to take
is
anything but
pacific,
and when they are uttered
by a small State against a more powerful neighbor,
it is
argued
is
not improbable that they are prompted through an in-
and not disinterested quarter. The material for a fresh
on the Eastern question is thus ready to hand, and it
80,289,485
218,408
24,680
960,353
21
1.292;
15,344,340
206,944
17,407,065
2,780
093
207,93'
inter'st.(^l5sef)
65,033
15,136,403
17,342,032
100,000,000
100,000,000
56,507,006
52,831,688
—
at the
for w-ar
same time
of the country will
evidently not be the easy affair anticipated. Before the desired
Fund,held for redemp. of
Nat. Koid bank notes
Five p. c. f 'nd for redemp,
of Nat. Bank notes
108,084
107,574
11,463,190
10,723,689
Redemp. Te»^T.{Liability)
168,078,280
168,362,951
Nat. Bank notes In process of redemp... (Asset)
3,537,381
will be
stamp out Dacorty, and permit the peaceful development of the resources of the country. Apart from political
uncertainties at home, it is therefore patent that there is quite
sufficient in foreign affairs to check any spirit of enterprise.
But whilst complaints of slackness of trade are still very fro quent, and the railway traffic returns display contraction on
contraction, money is quietly becoming scarcer.
Clearly,
therefore, more employment must be offering for it, sufficiently
so to cause discount quotations to harden and to bring tliem
up at times to the level of tlie Bank rate. This is a crumb of
comfort not to be ignored, as it may presage a better state of
3,173,794
4,998.300
18,082,412
end can be obtained, some sharply repressive measures
requisite to
204,096
2,780
D'bt&int.net(iin6Kf(i/)
ominous also that the season is becoming propitious
13,fl34,138
98-2,S69,218
1,645,692
9,292,610
8,367.8*5
lnt..(Z,faiiilJt!/)
is
Angry mutterings have
been heard from Burmah. The settlement
11,925,000
3.2«2,
5,703,
5,856,
208,
Fracfl cur'cy redeemed
yr. notes p"d.
& coupons p'd
notes of Nat. Banks
-with
insure caution in
like operations.
One & two
Debt and
and
&u Eaater
do with the prolonged quietness,
being rapidly brought to a climax, and
outbreaJc
840,000
.283,128,891
Int.ch'cks
ResVe for red. U.S. notes.
Fund held for redemp. of
new departure
that
fluential
lii,765,000
.
—
due, unpaid
Acc'dlnt., Pac.RR.bds
(luite sufficient to
that it
42,214,485
26,088,774
203.641
15,129,285
Balances
(Assec)
Public Debt and Int.Matured debt
Inter't on matured debt
Debt bearing no interest
Int. OQ Pac. HH. bonds
now claimed
90,128,421
87,751,883
Net U.s.notes in treas.
National Bank notes
Deposits in Xat. Banks.
.
iiad sometliing to
From Greece
122,532,906
38,410,575
.
ia
threats being still fiercely breathed
176,H7i!,089
l«l,874,10B
31,141,055
Interest due. unpaid
Accrued interest
It
had
reported from all
place.
174,700,985
2,271,104
Certiflcates Issued
Certiflcatcs on hand
!
cided whether another appeal to the constituencies
151,379,324
2,5i8,52-<!
Total silver
days have
is
90,775,043
84.715,225
stand'rd 175,838.502
Bullion
Quietnew
leading centres of commerce, and no
(luestion,
843.155,167
187,578.570
46,797.937
Certlflcutes Issued
trade.
anywhere mentioned.
BaUmtn,
188.900,487
80,254,730
(Auet) 340,580,533
Total Hold
St, 1S80.
UatiUitln.
185.389,205
S5,«45,328
Bullion
upon
influence
ii, 1889.
Mem to have
to the present date spring doea not
but the continued uncertainty respecting the
April
Gold—Coin.
565
3,778,618
20,322,157
when political hindrances are removed.
No change has t>een made in the Bank of England rate of
discount, notwittistanding the money market has during the
affairs
week, as stated, been exhibiting signs of greater firmness.
Frequently the charge for discounting three-months' bills has
It would require very little increase
been at the Bank rate.
671,601
498,136
in the demand just now to bring aixiut an advance in the
1,486
10,568
The market is by no means well supplied
official minimum.
demption account
49,735
22,260
Redemption & exchange
with capital. The private deposits in the Bank are nearly
account
...
626,171
261,886
Treasurer's transfer ch'ks
£4,000,000 short of what they were a year ago. The reserve of
and drafts outstanding.
3,878,071
3,568,081
Treasurer U. 8., a^ent for
notes and coin is about £4,800,000 and the stock of bullion
paying Int. on D.Col.bds
219,73*
212,125
about £4,400,000 less now than then. At that time the Bank
Total
(Liability) 28,445.480
28,668.791
lnt.on D.Col.b'ds pd (Asset)
2,890
9,881
rate was 3}^ per cent, but it was kept abnormally high from
However, it is very clear that the
political considerations.
Net
(Liability)
88,658,930
28,422,570
Balances... (Liability)
308,097,89-.^
206,188,119 value of money just now is quite as low as it ought to be.
in commercial conditions sugNet balance
(Aaset)
76,381,099 Still, a very slight variation
77,030,999
Assets not availablegestive of reviving trade would speedily influence the market,
Minor coin
513,.»14
496,892
Subsidiary silver coin
28,884,4a'i
88,822,038
and possibly cause a rapid run up. The surplus margin beyond
Aggregate net Asset.
105,719,081
108,891.87»I
actual requirements is a very narrow one, and will not bear
much further trenching upon. But until money becomes
W^^utXviX'QKS/ammzKciSLi %UQ\isTx
dearer in the contracted centres, and there is thus a likelihood
of gold being taken from us, no decisive change need be appreBATES OF EXCHANUE AT LONDON AND ON LONDON hended. In Che weekly Bank of England return there is a loss
Net re8'rves.(L»rtfei(t(y)
Post OIBce dep't account.
Disbnrs'K Officers' bal'ces.
ITndistrib'd assets of fall'd
National banks
Currency and minor coin
redempt ton account
Fractional silver coin re-
180,187,157
,
—
pews
AT LATEST DATES.
MXCKiSeE AT LONDON- Afii:
On—
rime.
23.
Rati.
Amstordam 3 moa. 12-2.\ 912-3
Amsterdam. Sliort. 121
»12-l?»
Hamhurg..
20o4 »20-57
2054 920-57
EXOBANOX ON LONDOS.
Latett
Date.
Apr. 22 Short.
20-54
12-75
12-75
Bombay
....
Calontta
New York...
HonK Kong.
BbanRhal
as follows
:
Short.
26'ii
20-41
20-44
12-62
25-26
Smog.
231118
Short.
2515
3 mos.
46-50
Apr. 22 3 mos.
Apr. 22 Tel. t'rs
Apr. 22
111-00
52Se»52>s
Apr. 23 {80 days
Apr. 22 4 mos.
"
Apr. 22
Is. S-ttd.
la. 5%d.
4-86%
38. S'ad.
4s. T^d.
ratet.
InttmtaBomt
for devoHtt by
BankBUU.
920-57
18. 313,gd.
Is. SiSied.
money have been
Open market
45'8»45%
Dem'd
rates for
1206
.
Cadiz
Lisbon
Alexandria
Ccnstant'ple
The
Sate.
Apr.
Apr.
Apr.
Vienna
Apr.
a)12-80
Trieste ....
312-80
Apr.
Antwerp ..
25-3 >iia25'12>« Apr.
8t. Petersb'g
233992314
Apr.
Paris
Short. 25-13-\a25-18^ Apr.
Paris
3 mos. 25-33% 925-33% Apr.
Genoa
25-47'aa25-62ia
Madrid
Apr. 22
45''8a45%
3 mos.
Berlin
Frankfort..
_.
«">*•
in the reserve of £'280,000, the proportion to liabilities l>eing
41-2 per cent, or about 1 per cent below the previous week.
Trade BUI:
London
Joint
At 7 to 14
Six
Stock
Thru Toxtr
Six
Four
Vonths Vontlu Xontlu ItonOu Montk. ManUu Banta. OalL Dai^
Thru
Mar. 19 2
" 86 »
Apr. a a
a
16|2
23l i
- a « -;i«»8 2M»a« a)<»s
- 8 a - 1M«> S SSH 2M«S
- iMa-iMaa '2 asMa^asM
- IMS - iwaa iu>4!4 a!<asM
i«a - ma - 2 a - iMaa 's a»t awas
i«ai« a « - 8 « - a «»!< 25<«2)4 w«8
i«a- iM«
i««- IMA
i«» - i«»
IH® - ma
.
IM-IM
IM-IM
IVtJW
IW-IW
IW-IM
The following return shows the position of the Bank ot
England, the Bank rate of discount, the price of consols, the
price of middling upland cotton and wheat, and the Bankers*
Clearing House return, compiired with the three previous
years
:
THE CHRONICLE.
566
1886.
Circulation,
excluding 7-day and
1886.
£
£
£
I
25.613,015
8.84<,736
25,300.400
8,673,923
7,153,257
22.731.670! 2B.603,1«
14,583,498] 14.402,165
21,829.297
12.436.202
22,834,06)
14.334.917
20,825,892
21.535.491
21.611.951
21,854.256
12.4.32,242]
17,203,854; 15,7;7.330
11.823,013
21,462.607
41-8
25,897.524; 25.327,730
21,183,058
7,223.133i
Government
securities
securities
Other
Reserve of notes and coin
Coin and bullion
Reserve to liabilities
43«
I
2p.
rate
Consols
Bnglish wheat, average price
Uiddiing Upland cotton
Ko. 40 mule twist
ClearinK-House return
Messrs. Pixley
& Abell
c.
SH
p. 0.
49 p.c
P- c.
2H
33H
p. c.
3 p.c.
p. c.
100 ii-ied.l
95Md.
102 >^d.
102Md
30s. lOd.j
sis. Id.
373.3d
4I8. 8d.
am.
5Md.
9^d.
8Md.l
130.354.000 95.870.000
lOd.
^d.
94.333.000
98.078.000
45<d.
54.
write as follows on the state of the
deinaoil for abroad has continued during the week, hut not
with the same activit.v Tii) smalt arrivals mjatioaed below have been
sent awa.v. tojrtther with £10.0 11 wltlilrawa from the Bfik on the
other iiand, £25.000. in soverigns. from Australia, have been eeutiu.
have received since our last £36,000 from Austrnlia. £18.000 from
West Indies, £10.000 from the Cane, £3.0 >0 from Bueuos Ayres and
42.000 from Bombay; total. £69,000. Gold to the value of £1,860,000 has been shipped at New York to-day for France.
Silver has slightly recovered from last week's low quotation, and may
be regarded as steady at 46'4d. There is but lit'le doing, however, at
present, the aimunts on hand being batemill.audttieexptictod arrivals
of the ensuing week not b^^ingof much importance. We have had dui ing
the week £38.3SO from Chili, £20,000 from West Indies, £20,000 from
New Yolk and £16,800 from Buenos Ayres-total, £95,180. The P. &
O. steamer has taken £13.000 to Boml)aj'.
Mexican D.illars— The French G overumeat have lowered their buying
price, and a few sales out of recent arrivals were ell'eoted at lower rates,
the bulk coming forward having been solvl to arrive. A small order has
since been tilled at iiigher rates, and the market closes nojuinal in the
ab.sence of supplies, riie Para brought £60,0)0 from the West Indies
and the Umbria £4,000 from New York. Tha P. & O. steamsr t-ikes
£22,000 to China.
Gold— Thfl
;
We
between the Atlantic telegraph companies
is creating a good deal of attention here.
The balance of sympathy seems to be favorable to the commercial company. Thi.8
application of the now familiar measure of coercioQ is recognized as a very high-handed proceeding, for it isonly intendei
that the public, who derive temporary benefit from the 6d.
per word rate, shall suffer afterwards, since the adjustment of
the tariff which it seeks is on a basis of no competitioa. Mean'
while, however, the opposition of Messrs. Mackay & Bennett to
any advance in the charges isjfavorably commented upon.
The Bank of England have given notice that they are authorized by the corporationof thecity of London to receive tenders
average, though a certain .aiuonnt of rust i-» visible everywhere.
Berar (dated Calcutta. March 17).— Wlieat crop in good condition and
nearly reaped. Area under crop quite up to the average, being 808.514
acres. Yield generally from 12 to 14 annas. The total outtam is
estimated at 120.000 tons.
Central Provinces (dated Calcutta, March IH)— Prospects remain
practically the same as last month, the hail whiih fell in the llrst week
of March having done but little damage in Seoni, Balaghat and R^ipur.
Prices, however, generally rule lower than at the dite of last report.
Exports continue to decline, and are less by 4oO,OjO miunds than they
were
last year.
PunJ tub (dated Calcutta, March 22)— Wheat prosiwcts decidedl.v Improved. Late sowings were made after rain in December and Janiiary,
and the estimated area now is 6,700,000 acres. Rain this month has
most
benetlelal.
The following return shows the extent of the imports of
cereal produce into the United Kingdom during the first
thirty-three weeks of the season, the sales of home-grown
produce, the average prices realized, and other item), com-
pared with
last
season
:
nCFOBTB.
1884-5.
188ri-6.
Wheat
30,714,=>48
10,6'!4.887
6.003,611
fi,8ri7,lil
......
1,210,869
2,150,6l»
1,361,0.51
Beans
2,047,523
Indian corn
Plonr
18,221, .>02
15.19s),929
10,614.S>80
8,652,680
1882-3.
1883-4.
..owt. 30,6^5,089
7,93-!,819
Barley
Oats
Peas
Supplies available for consumption
(exclusive of stocks on September 1)
41,347.042
11,575,087
7.192.811
9.323,340
1,381.342
1,112,134
1,60;), 235
1,718,308
17,401,36^ 11.641,977
9.712,405 11,283.287
in thirty-three weeks
33,653.599
ll,i8ii.320
1885-86.
1884-85.
1883-84.
Imports of wheat. cwt.30,K25,069 30,714.5 18 33,683.599
Imports of flour
8,652,680 10,614.980
9,712,40">
Sales of home-grown. .:9,501, 169 29,559,786 28.791,720
188'?-83.
41,347,012
11.283,287
2-?,902,085
of rates
on May 3 for £ ,060,000 ^{ per cent debentures for thirty years,
secured on the Bridge House estates and revenues of the
corpor ifioD. The minimum price of issue is 93^ per cent.
Tenders for €3,000,000 Treasury bi'ls will be received by the
Bank of England on April 39. The sum maturing is £3,605,000,
80 that there will be a reduction of £605,000. In November
last £1,010,000 was issued in six-months' bills at an average
discount of £3 lOs. lid. per cent, and £1,595,000 on February
1, in three months' bills, at £1 7s. 8d. per cent.
With reference to the colonial wool sales just concluded, a
report states that the Americans were conspicuous by their
absence, having supplied their wants during the first series of
sales at prices ruling Id. to 3d. per lb. higher than those paid
during this series for similar classes of wool.
The grain trade has been quiet and featureless. The holidays are checking operations and making the appearance of
the market still more inanimate.
But whilst dealings are
throughout limited, the general tone of the trade is fairly
good. Wheat, though in far from active request, has been
well held, and for red samples a slight advance has been occasionally paid.
Although conditions would warrant some
improvement in the market, the trade fails to lose its dragging
character, for growers are not strong enough to retain their
produce, but are frecjuently compelled to realize, with the
result that the markets keep well supplied, notwithstanding
!)hat importations have again fallen off.
Those for the past
week into the United Kingdom exhibit a serious deficiency
when placed beside those of last year. The only effect heems
to be to bring the market into a sounder condition, but all
endeavors to promote real activity are futile. Millers will not
extend their purchases so long as it is clear that farmers will
be compelled to market their grain.
The Revenue and Agricultural Department of the Indian
Government have issued the subjoined reports on the wheat
crops of the Bombay Presidency, Berar, the Central Provinces
1
and
Khandish crop, il annas; Nasik. 9 annas; Sliolaonr. 11 annas; Satara,
12 ann.as.
Iuform.ation for Poona Ahnieinagir not complete.
Karnatoc— Rust prevails here andtliere, espeiinily in Ohtirwar, but the
damage le slight. Crop, 11 annas in Beli-'auin. O^s aonas in Bijapur,
and 8 annas in Dharwar. In the South'irn M irattha States crop above
also been
bullion market
The war
[Vol. XLII.
districts, especially in irrigated lands, except in p^rts of Nasik; the
injury from rust seems slight, and the cr.io will be a full average oue.
1883.
1884.
f
24,780,36S! 24.436.670
other bills
Pub! ic deposits
Other deposits
Bank
s
:
:
the Punjaub
Total
spite of
in iiarts
of Thar and Park^ir. the crop in on the whole tlouri.shing. especiHlly in
8hlkarpni', the chief of the wheat growing district. Gujrat^Smutliugert
tu parts of Ahmedabad. but the Gujrat ciop is on the whole good. The
orop is 11 aimas on tlie averaire In Ahmedabad, 6 to 12 annas in
Broach, 7 annas in the chief wheat taluka of Surjit, and 8 or 9 annas
In the chief wheat taluka of K.aira. In the Pauch Mahdis the area is
very small aud the crop very poor. Baroda area esUmated at 110.000
cres, that is alxuit 17,0r0 acres less than last year; crop fair; no
uange in other 8t atcs. Deccun— Bust continues more or less In al
1
81,532,414
72.187,724
70,339,311
The following statement shows the extent of the sales of
home-grown wheat, barley and oats in the principal markets
of England and Wales during the first thirty-three weeks of the
season, together with the average prices realized, compared
with the previous season
:
1885-86.
Sola.
Wheat, qra
Barley
Oat.8
1883-81.
1884-95.
p;;?e
\t.
Av'ge
Price
*«^-
\s.
d.\
12,056,49130 5 2,080,813 32
'2.7^.2,223 29 5 2,824,366 31
325,973|l8 10' 3.°'R,370 19
1
Av'ge
Sales.
PriU
\: d.
d.\
5 2.007.2S6i39
8 2,9S9,483i32
2-19.18^119
9
1
5
11
Converting quarters of wheat into cwts., the totals for the
whole kingdom are estimated as follows:
1883-84.
1884-85.
29,559,786
1885-86.
owt. 29.501,169
Wheat
2^.791,720
Easlisli Financial .Ylarliets— Her Cable.
The daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending May 7:
London.
lliver,
peroz
Hon.
Sat.
82-30
r.459
128^%
65^8
82-40
85!Si
85
233e
138=8
54 14
&8t. Paul..
stock ..
Central
aiinole
pennsvlvanla
Philadelphia &. Reading
«ew York Central
Cihlc. Mil.
Brie,
Tiiet.
4515i8 45''8
lOOlSia 1011,
lOOiBie 10l3,|5
..d
Consols for money
OouBols for account
Pr'ch rentes (in Paris) fr 82-15
U. 8. lijsof 1891
a. 8. 48 of 1907
(Canadian Paoiflc
common
24
140
54^8
UliSs
1021a
114ifl
128>a
64'8
10=8
1011s
Wed.
Thurt.
rri.
4579
101318 10.E>,« 1011,8
1013,,
lois!" 10138
S2-6213 82-721S 82-3T'a
II4I2
lliais
114'a
12814
128 Ml
128H
65 19
65%
651a
S6I4
8558
86
24=8
24 14
24^
IIOI4
13913
1401a
51--'8
5434
51»8
4578
10%
IO21-J
nag
11
103%
|103
Comme rcial aatt ^igcellaneaus jlewyg
—
Government Revenue. Through the courtesy of the Secretary of the Treasury, we are enabled to place before our
readers to-day the details of Government receipts for the
From previous returns we obtain the
month of April.
figures for previous months, and in that manner complete the
statement since the beginning of the fiscal year for 1885-86
and 18S4-85.
18S5-86.
1891-S5.
1
OOOs OmitUd.
Cua-
Inter'l iliac'lt
toms.
»
Tbfal.
MlM'h
Intern
toms.
Reo'ue Sources
Cus-
liev'ue Sourc'n
~'r~
Total.
$
t
8.501
t
2,017
29,767
17.451
8.85'
S.165
29.274
0.071
1,704
28.064
1S,114
o.aor
3.447
17,6-22
10,448
17.682
0,93:
1,830
11.953
10.107
8.882
2.11-2
9.830
9,803
30.834
25.3S1
15,739
13,057
14,420
2,003
1.505
3.074
29,071
17,310
31.387
29.289
28,038
22.238
14,409
7.904
2.039
10,171
September
10.310
l-.'iSO
July
December
Bombay Presidency (dated Calcutta. March 17).— Sind— In
«omc injury from in-seots in parts of Hyderabad and fiom frost
68,778,918
1,531
March
18,17(5
April
15,03«
8,270
0,595
9,506
Total 10 months. 160.537
91.099
1.810
1.S22
8.305
25,758
24,932
25.972
30.0 78
11.728
11.658
14.545
14.690
16,41-
1.413
26,871
14,641
9.293
24.093
88.311
8.ly3 86,004
20.010 274,848 i52.S7"2
90,8 -iO
8-2.984 2<30,725
1,729
9,455
8.568
7.470
8,97a
3.557
1.927
22.8«
2i!.870
1,525
Bonds Held by National Banks.—The folhjwing
interest-
ing statement, furnished by the Comptroller of the Currency,
shows the amount of each class of bonds held against national
:
.
May
8,
.
.
THE CHRONICLE.
18S6.J
bank circulation and to secure public raonoya in national bank
depoBitoru'8 on Jlay 1.
Ruve tlie statenu'iit for April 1
in Chko.mcle of April 8, page 418, and by referring to tliat
the chanKes made during the month can be seen.
We
U. 8.
Detcripllon of Bontls.
Bond* Htld Hay
1,
18S6,
to
Bank
Publie Deposit*
in Banki.
Seeurt—
ZFOB-rs
$8,12.'),000
$118,163,000
120,000
2,317,000
8,188,000
3,.'')05,000
49,049,750
114,114,2^0
$1'',7«0,000
$285.4fl7.95n
4>« per cont8
4
i>er
coDta
Total
Ohaxqks
May
1.
in
—The
$120,294,000
3.«35.00O
5 '.,996,750
12:2,302,200
$.'i04.277,950
Leoal Tenders and National Bank Notes to
May
1
Xational
Amount
Amount
Amouut
Bank yolea$104,441
1,
1886'
2,349,994
ZPOSTS AMD
Week.
Ureat Britain
Amount on
1.
1886
$68,220,043
Circulation of national gold banks, not included above, $335,004.
According to the above, the amount of legal tenders on
deposit May 1 with the Treasurer of the United States to redeem national bardi notes was $58,220,043. The portion of this
deposit made (1) by banks becoming insolvent, (2) by banks
gom^ into voluntary liquidation|,and (3) by banks reducing or
retiring their circulation, was as follows on the first of each of
the last five montiis:
Depositt
by—
Jan.
Hatch
Feb. 1.
1.
1.
Apr, I
1.
May
1.
$
Insolvent bks
sge.s.s'j
S5O.20fi
792,066
874,036
917.922
Liquid'ty l>ks ll,973,b69 11,536,237 11,148,232 11,453,829 11,060,359
Roauc'K und'r
act of 1871" 29.73.1,607 34,152,988 39,758.586 14,158,313 46,211,762
Total.
•
1,287,372
i34,2O0
248,832
•6,770.118
9.723,047
999.780
8.768,770
•
18'.277
"898
$1,769,071 121.900,661
57,250
4.768.57!'
3,063,437 35.984.306
• 19.175
29.927
148.034
7,495
Total 1886
Total 1885
Total 1884
Act of June 20, 1374, and July
$172,500
Coinage by United States Mints.— The following,
state-
•2.61 1.433
4,813,159
3.101,03S
West Indies
•
•3.896,264
18 .,.577
26.890
85,403
»
23.667
318,59?
47,864
170,281
2.960
$25,075
91,079
61,276
• 539.764
550,250^
1,529,221
ftfexloo
"708
sflisVe
$182,202
•4,270.573
286358
5.()16.f:H7
;54.126
Sonth America
All other coon tries.
5.183,930
36,663
.
Total 1886
Total 1885
Total 1984
Of the above imports for the week in 1886, $13,670 were
American gold coin and $7,846 American silver coin. Of tho
exports during the same time $8,495 were American gold
com.
United States Sub-Treasury.—The following table show*
the receipts and payments at the Sub-Treasury in this city, aa
well as the balances in the same, for each day of the past week :
Balaneet.
Date.
Payments.
Receipts.
7
1.134.501
1.463,341
4,106.239
1.091,854
1,161.783
2,726,379
..
11.699,0;»7
1
3
ment, kindly furnished us by the Director of the Mint, shows
the coinage at the Mints of the United States during the month
of April and for the four months of 1886
K3 325
IHlver.
areat Britain
Prance
May
12, 1892.
717,092
4aO,72a
13,359
5,944
Coin.
tOoin
Cert's.]
42,606,412146,599,431 51.6ab,88l 56,488,178 58,220,043
..
8lneeJan.l.
• 193.687
1,127,313
379,274
369,663
li',i'72
9I006
deposit to redeem national
bank notes May
tmporlt.
Wuk.
SliieeJan.l.
*
9oath America
All other oouutrlea...
$56,486,178
1.733.885
OF IPBOIB AT WBW TOBB.
aoia.
Legal Tentler ffoUa—
AniDuut on deposit to redeem national bank
$4.34«.75.'i
;',612,S'J0
IHPOB-rS
Xxporu.
$313,542,584
notes April 1, 183'!
Amount dipositrd durini? April
Amount re-Usucd >& b'nk notes retirMin Apr.
••1,116.031
ud
$315,891,478
2,75:t,a35
iste.
1
•6,^55,3 18
10J,22/,34I
The following teble shows the ejcports and imports of sped*
at the port of New York for the week ending May I,
since Jan. 1, 1886, and for the correeponding periods la
1885 and 1884:
West Indies
1886.
outKiHiidiiiK April 1,
iHNiuMl diultig April
retired duriug Apru
laeo.
$9,033,295
83.959.978
--
aermany
Amount outstaudiug May
*
$7,593,931
111,027,813
PreT.r«ported..
tobk fo« raa was*
18(i4
Total 17 wonks. »118 61I.74l' »91.993.27a #108.477.84*
Comptroller of the Currency has furnished us
the following, showing tlio amounts of national bank notes
April 1, toKether with the amounts outstanding May 1, and
the increa.se or decreiise during tlie month; also tlie changes
in legal tenders held for the redemption of bank notes up to
nom Raw
1883.
For the week...
8a, Act July 12,1883....
Currency Oa
567
In our report of the dry goods trade will b« found tb« Im
ports of dry goods for one week later.
The following is a Btatenw-nt of the exports (exclusire of
specie) from the port of New York to foreign ports for the
week ending May 4, 1886, and from Janujurjr 1, 1880, to d*t«
Total Beld.
Oireulation.
:
:
.
"
"
"
"
4
5
6
Oarreney,
$
1,942,692 129,595.185
54.9.53.6IO
13.079,271
2.5 i0,065| 128,.558,886
55.026.270
56.015,630
11.891.1
1.44 1.322; 12'j, 574,202
1,237..580 129.783.094 56.122,2.50
l.S0.'.187il28.720.721 66.125.690
1 .052. 154 129.822.9651 57,286,700
as
13,549.423
13,098.190
12.808.718
I3.2L7.68»
:
Total
Month of April, 1886.
Denomination.
Pieces.
four Jfon/As o/ 1886.
Valtie.
fieees.
Double eagles..
Eagles
Half eaeles
31
439,567
106,720
33U,000
1,067,200
1,6)0,000
1,687,192
4,0u0
10.000
4,041
Three dollars...
Suarter eagles
47
.
ollars
204
Total gold
Total silver
2.727,200
2,131,082
2,e00,000
2,600,000
10,400,360
.37
6-)6,435
1,737
11, 0.i 7,515
10,466,273
69
3ri0
360
47,375
2,617,375
4.
l.-iO
Five cents..
Three ctnts.
One cent
Total coiuase
65,613
41
11
4,122
3,09>t.095
5.3! 1.937
I
124
13.192,719
23.300,094
Imports and Expokts foh tub Week.— The imports of Inft
week, compared witli those of the preceding week, show a decrease in dry goods and an increase in general merchandise.
The total imports were $8,917,32.5, against $8,020,190 the preceding week and 17,309.939 two weeks previous. The exports
for the week ended May 4 amounted to $6,116,031, against
$6,568,682 last week and $5,616,765 two weeks previous. The
follo\ving are the imports at New York for the week ending
(for dry goods) Apr. 2a, and for Che week ending (for general
merchandise) Apr. 3(); also totals since the beginning of the
first week in January:
rOBBlOR IMPORTS AT
firm of Mejsrs.
past five years.
attention.
—
Aiiction Sales. The following were sold at auction
week by Messrs Adrian H. MuUer & Son, 12 Pine Street
&
Wilcox
N.J.$;0^sU.
.50
2,i
81. RR. Co.2:;8
2-10
Nat. Bank
Irs Co.. B'klyn..l37
25 Twenty-tUIrd
20 Second
•10 PhenlJi;
15 Eighth .\v. RR. Co
.208%
50 Ami Steini B(,il«r Ins.Co.KH)
'.35
19 CUesel)rouj,'li Mtg. Co
50 The Eddy A Biaaell Live
Stock Co. of Colorado.. 100
."00 >9
45U.S. Trust Co
44 Chesebrough .Mfg. Co
13lia
this
Shares.
Oriental Bank
183
Ninth Nat. Bunk
121
40 Bank uf the State of N.Y. 1 30
Continental .Nat. K:iiik..ll8>a
15 Amer. Exol'. Nat. Bunk.. 135^
Shares.
24 The Babcoi-k
Cn. of EUz'betli,
Total minor
new
called to the card of the
Mr. Juo. P. Townsend, one of New Y'ork's
prominent citizens, becomes a special partner in the now firm.
12,842,697 This gentleman is President of the New York Maritime
10,400,360 Exchange and Treasurer of the New York Produce Exchange.
ISO Mr. Townsend some months ago contributed to the Chronicue
90 an interesting letter on the silver problem, which attracted
:^04
1,374
1,371
1,374
.•
is
Townsend & Washburn, bankers and brokers. The active
members constituting this firm are Mr. Chas. J. Townsend, a
620 member of the New York Stock Exchange, and Landing C.
4.395,670 Washburn, who has been long and favorably known in Wall
8,435,960 Street
Both of the.'ie gentlemen have been active members
141 of the late firm of Caldwell, Washburn & Townsend far the
10,102
Talue.
4-10,720
Standard dollars...
Half dollnrs
guartcr dollars
Imes
—Attention
9..»v97,990.
liontts.
$1,000 N. Y. City Os consnl g.
8to<-k. duo 1896
127'«
$1,000 N. Y. City 58 consul, g.
etiK'k. due 1929, red. 1908.131
$5,000 N. y. Chic. & 8t. L.
%
1{R.
75
7sequlp
United States Government aud other desirable
SECURITIES
WBW TORK.
FOR
for Week.
1883.
Dry Goods
$1,256,125
1884.
1»85.
$2,264037
$1,950,791
6,437,750
$I.i)33.4«3
6,>i95,777
$8,3d4,541
$7,890,894
$8,917,325
$46,262,418
107,967.601
$43,417,801
105,3 iy.47c
#35.739.257
9 0.9 7 7.0711
$42,863,644
103,310.754
0.&J2.43I
6,6,53
223
1
Dry Goods
Qen'lmer'dlse..
INVESTORS.
18S6
»7,151.902
Ocn'lmer'dise..
Total
ainee Jan.
1
Total 17 weeks. «154,2.W.019 $148,767,274 #126.715,336 $146.174 .399
All stocks and bonds listed on the New York 8took
sold on coniuiission for cash.
Deim.tit accounts received and InteresCallowed on
subject to draft at sigbc.
ExoIUD^ boa^:»
and
HARVEY" FISK
28
Nassac Street,
&
New
monthly 3.il4>>»>
SONS
York.
.
:
:
THE CHRONICLE.
568
XOI.
[Vol.
1-16 premium, selling 3-16@i premium; Charleston, buying
selling l-16@i premium ; Boston, par@5 premium
New Orleans, commercial, 50 discount, bank, f 1 50 premium;
St. Loms, 35 jjremiun'
Chicago, par.
The rates of leading bankers are as follows :
par,
DIVIDENDS.
The foUotring dlvldeadB have
Same of Company,
\
I
Per
When
Cent.
Payable.
Railroads.
Bost. Concord & Montreal, pref..
Boston & Maine
Ch. & Alt., pref. and com. (quar.)
Clere.
&
Pitts., Kuar.
;
recently been announced:
(quar.)
Manchester & Lawrence
Nashua & Lowell
Northern (N. H.)
Pennsylvania
Seaboard & Boanoke
May
S2 50
|l50 May
June
June
$2
1%
(
Book* Cloted,
Vayt inclutive.)
lOAprll 28
15;
to
llMay
3>s
3
214
5
Insnrance.
iniscellaneons.
United States Express (quar.)
—
May
5 1713 85 1678 5 15 •®5 1438
40l3» 409.8
405,«34038
(giillders)
95%*95i3
market.
The
LI
STREET, FRIDAY, Maj r. 18S6-3 P. M.
The Money Market and Financial Situation.— The disturbances in Cliicago and Milwaukee have been the chief
closing prices at the N. Y. Board have been as follows
Interest
Periods.
4i«8,
4ia8,
1891
1891
4b, 1907
48,1907
...reg.
May
.coupQ-Mar.
break in the stock market, but on the contrary, when the worst
news was received on Wednesday, prices were supported, and
on Thursday a decided firmness was the feature of the day. It
68,
es,
68,
6s,
68.
has been reasoned that the strikes must be a matter of short
duration, and that after a temporary demonstration the working men must come to some agreement with their employers,
although one side or the other may not get everything that it
desires.
The annual reports of Lake Shore and Michigan Central for
1885 are just out, and they show the results already foreshadowed in their preliminary returns. The tonnage kept up
well, but the low rates demoralized everything and caused the
year to show but a small surplus over tixed charges. It would
be much more to the point just now to have the returns for the
quarter ending March 31, 1886; the other trunk lines,
Pennsylvania and Erie, have made a good exhibit for that
period, and there is every reason to suppose that the Vanderbilt
roads have also done much better than in the same quarter of
1885 it is time for these returns to be out. The Union Pacific
report has now been published, and Mr. Adams is entitled to
the credit of putting forth the most complete and satisfactory
'
ouT'oy,
cur'oy,
cur'cy,
cur'cy,
onr'cy,
,
'OS'96.
'97.
'98.
'99.
..reg. J.
..rcg.'J.
..reg.lj.
& J.
J.
& J
& J.
..reg.' J.
<fe
..reg.J.
<fe
J
The export of gold to so large an amount this week has
been something of a surprise, and it must be attributed in
part to the large amount of securities recently sold here for
foreign account.
The open market rates for call loans during the week on
stock and bond collaterals have ranged at 1@5 per cent, and
to-day at l@2i per cent. Prime commercial paper is quoted
at 3J@5 per cent.
The Bank of England weekly statement on Thursday showed
a loss in specie of £364,513, and the percentage of reserve to
liabilities was 39 3-16, against 41 7-lG last week; the discount
rate was advanced from 3 to 3 per cent.
The Bank of France
gained 33,000,000 francs in gold and 4,843,000 francs in silver.
The New York Clearing House banks, in their statement of
1, showed a decrease in surplus reserve of $1,397,700,
May
the total surplus being |12,035,850, against |I3,333,550 the
previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the fTew York Clearing House banks.
1886.
May
1.
Differ' ncesfr'n
1885.
May
Previous Week.
2.
1884.
J/aj/
3.
Loans and dls. 3«351,298,40C Dec. !ii244,400 $296.616,400 $341,990,500
Bpede
72,976,600 Dec. 1,765,700 111,484,200,
55,997,100
Carculation .
Net deposits..
Legal tenders.
.
Legal reserve
Reserve held
Burping
Exchange.
7,838,900
372,801.800
32,249,700
$93,200,450
105,226,300
Dec.
22,500
Deo. 2,396,000
Dee.
131,000
10,814.800
14.417.600
358.S49.400 333,215,600
33,243,800
28,112,800
8599,000
$83,303,900
84,109,900
Deo.
Dec. 1,896,700
$12,025,850 Dec.$l,297,700
$55,140,6501
$806,000
— Sterling exchange continues very quiet in
5.
mm
112%
112%
;
May
6.
7.
•IIII4
iim
•11238 11238
vm
126
126
IOII2
May
11214
»125''8 *\25-'s *1253i
12578
12579
10118 •10113 101 13
*127ifl 127%! 127i« *127is •12713 1271s
'130
130
130 *130 •130
130
132
'132
132
132
132
132
'135
135
135 135 •135
135
137
137
137 '137 •137
137
V2b~f>
lOlSfi
125''8
1
This Is the price bid at the morning board
:
no sale was made.
State and Railroad Bonds.— The only transactions in
State bonds have been .$15,000 South Carolina 6s, non-fundable,
at 6; $1,000 do. 63 Brown consols at llOJ: $37,000 Louisiana
consol 4s at 73^-3; $9,000 North Carolina 6s, 1919, at llSf.
The market for railroad bonds has been rather more active
during the past week, and prices have been very irregular. Weakness prevailed during the days of greatest decline in the stock
market, but later there was some reaction, and a few classes
have had quite wide fluctuatioffs. Conspicuous among those
which have fluctuated in this way have been Erie 3ds ex-June
'86 coup., Mckle Plate Ists and M. K. & T. 5s and 6s.
The closing prices and range of a few leading bonds are annexed
Name
Closing.
Range since Jan.
1, '86.
of Bond.
Apr. 30
;
document anywhere published.
4
IIII4
IIII4
.
.
May
3.
Q.-Mar. •xllH
'11238
.reg. Q.-Jan, 'I26I4
126I4
coup. Q.-Jan.
38, option U.S. . .reg. Q.-Feb.
101
It
May
May
might have been supposed that such
violent demonstrations would have been followed by a heavy
railroad
95^a95Tg
—
United States Bonds. Government bonds have had only
a moderate business, and prices are not much changed, the 4s
declining a little in sympathy with the break in the stock
WALL
events of the week.
4 90
85^«4 86
Sbhai 85I3
4
4
Frankfort or Bremen (reiohmarkB)
On dem.
Irving...
Demand.
4 8712
on London..
Parls{franc8)
Amsterdam
June
May
May
May
1 Apiii'io'to
May 28 May 1 to
On dem.
5
Sixty Days.
7.
bills
Documentary oommerclal. --...-..-.
Mav 16
to
11 to
Ij April 20 to
1
May
Primebankere'sterllng
Prime oomiherolal
E.& West.—
2d consol. 6s,ex. June, '86, cp.
83%
Funded coup. 58
88
West Shore, guar. 4s
10278
East Tenu. Va. <fe Ga. 5s,tr. rets. •80
incomes..
do
do
2038
Green Bay Winona & St. P. incs. *38
Fort Worth & Deuv. C, 1st Os..
87
Ches. & O. 6s. ser. "B." op. otf..
68
CUV. 68. .
Do
do
29
May
Lowest.
Highest.
N. Y. L.
Mo Kane. & Texas, gen. 5s
do
gen.6s
Do
Xew York Chic. & St. L, Ist 6s.
Den. & Rio Gr., con. 7s, tr. rets.!
j
*
Bid price; no
7514
91
88%
86I4
767s Jan.
89ii
77% Jan.
10234 10114 Jan.
8019
eSH Jan.
92 Mar.
96i4Mar.
104 Jan.
17% Mar.
2414 Feb.
81 Jan.
42% Mar.
18-'it
40
88
67lfl
26
78>a
93%
88I4
100
May
May
May
875s May
84 May
65
25
72 It
8714 Jan.
83 Mar
22i«Feb.
9214 Mar.
88 Jan.
411s Feb.
83 Feb.
90 Feb,
99 Jan.
100 la
May
sale.
Railroad and Miscellaneons Stocks.— Speculation on the
Stock Exchange has turned largely upon the prevailing labor
troubles, and the news from Chicago of serious trouble of a
socialistic nature has had considerable influence in unsettling
During the early days of the week the weakness was
prices.
very marked, and all stocks were seriously affected, the bears
hammering vigorously, and no real opposition being offered by
Selling was very active and the total dealings quite
bulls.
The extreme depression caused the suspension of a
large.
prominent bull operator, whose purchases have attracted attention for some months past, and this failure also caused
Lackawanna has been conspicuous
additional weakness.
throughout the week, being largely dealt in, and very weak as
a rule, though some reactionary tendency was observable at
times.
After the early depression, which increased the outstanding
short interest, a sharp reaction occurred, which carried prices
up considerably, and in some cases higher than they were at
The covering of short contracts, the
the close of last Friday.
natural reaction from the sudden decline, and a feeling that the
labor troubles would not prove as serious as at first anticipated,
were among the principal causes for the improvement but a
strong support from some quarter Ijy vigorous buying on
Wednesday was also one of the leading causes for the improvement. It was not fully sustained, however, and on Thursday
prices gave way somewhat, led by Lackawanna and a few other
;
tone,
is no improvement in the inquiry.
Rates are very
however, especially for short bills, and the posted rate
for this class was advanced ^ cent on Thursday to correspond
with the advance in the Bank of England rate of discount
to 3 per cent.
Gold shipments have been quite heavy for the
week and reach a total of $3,698,381 (including $361,181 to
go to-morrow), much of which has gone to London.
To-day the rates on actual business were as follows, viz.
Bankers' 60 days' sterling, 4 86f ©4 87 demand, 4 89i@4 89i.
Cables, 4 89i@4 89 J.
Commercial bills were 4 85^.
Continental bills were:
Francs, 5 16J@5 17i and 5 14|@5 15
reichmarks, 95|©95i and 95J@96 guilders, 40i@40|
and
and there
firm,
;
;
;
40i@40f.
The following were the rates of domestic exchange on New
Tork at the under-mentioned cities to-day: Savannah, buying
prominent stocks.
Aside from the labor agitations, there were no sjiecially
important influences. The reduction in the rate of the Pennsylvania semi-annual dividend had a temporary effect on the
trunk line stocks, and the failure above referred to had an
unsettling infiuence.
Pacific Mail sharply advanced latterly
and records an improvement for the week, owing to the passage
of the mail subsidy bill in the Senate at Washington. At the
close to-day (Friday) the tone was decidedly firm, and prices
were generally near the best figures made in the past three
The better situation with the railroads at Chicago had
days.
a
good
effect.
.
May
8,
THE CHRONICLE.
1880.]
569
NEW YORK STOCK EXCHANGE PRICES FJR WEEK ENDING WAV
HIOHE8T AND LOWEST PBICE8.
STOCKS.
Monday,
SatoTdar,
May
Tuesday,
Stocks.
May3.
1.
May
May
I.
May
B.
Ceutriilot Ni'W Jersey
Gl^ 64%
37^
47% 48^1
CentraH'iulllo
3i»4
Canadian PaclHo
37
Cauniltt 8i>utli('rii
Chesaneake
,&
-Js
13>3
•9
Ohio
Do
Do
Istpref...
C'Uic»u.iMU\vinikee&8t. Paul.
pi-cf.
Do
OUcago JtNorthwegtem
14
10
i
11
13a
3
81
pref.,
m
119
31s
81
,
2118
I
Charleston
Mlchlt;an Central
Mlnmarolls lit St. Louis
Texas
Uissoiirl Pacltlo
Mobile
\-
New Y^ork CUlo. St. Louis.
Do
prel.
New York Lake Erie & West'n.
Do
prcf.
New Y'ork & New England
New Y*orkOntarlo<fe Xvestem.
New Y'ork Suaq. & Westera...
<fc
.
Do
&
43%
138
1
27
•22
1%
2%
II4
2%
III4
5»8
53s
11% 11%
2314
24
53% 54%
33%
"i6""
lOTg
is"!
32
"a4'"i
1»8
11%
11
61
Feb. 17
34% '
6<i%Jiiii,
%
42'4.'
14
Feb. 17
n Mar.
3S
7
13
8
\
Feb.
1
'4
•
Jan.
Jan.
:
8
%
I
47
8%
47%
2!M4
•1%
1%
1%
3%
•3
2
82
8
13
13
S
3
3
15
2
1
17
9
5
16
16
3,48.^ 43% Mar.
3
",600 ~6'9 May ;i :iH%l
17
301.975 115 Jun Id !:!.-,% Feb. 13
.'OK
14% Jan. 22 20% Jan. 2
_
975 21%Jray 4 26 Jan. 7
III4
-11
*43
•11
99%
•5%
53
33
3314
15
33<>8
53% 54
33% 34Tg
16% 16%
6% 6%
1758 18%
6I4
18
18
10
"9
27I4
23%
26% 27
22% 22%
53% 55
I414
5339
33%
16
6I4
243g
26% 26%'
2759
22
24%
54%
54
13
34% 35
16 'a
19%
6%
20% 20%
14% 14%
26
26%
26
•19
19% 20^8
20% 21%
28%
23%
54%
1%
21%
14%
19% 20%
20% 21%
277g:
29
23%'
20
8%
330
36
4
143%
4
May
May
28',
1
19
6
9
8
Jan.
Feb.
.Ian.
Mar. 24 18%J.in- 5
174,343
6% -May 3 00% Fel)- 9
570 80 Jan. 20 94% Mar. 8
43,370 33S9 May 3 45''9 Jan. 4
420 32 Mar. 23 41 Feb. 1
3.405 120 Jan. 2 129% Mar. 31
1,100 30 Jan. 19 38% Jan. 4
1,483 61% May 4 76% Jan. 2
2,240 16% .Mar. 24 22% Apr. 14
2,950 40% Mar. 24 51% Jan. 4
80,715 21 .May 3 32% Jan. a
6,245 100% Uar. 24 114% Jan. 11
•lO'a 14
ICO 11% May 1 17 Jan. 6
'43
1,240 43% Apr. 29 50 Jan. 7
100% 101% 96,203 98% May 4 107% Feb. 13
"lay
6% 6% 1,150 4% Mar. 24 10 Jan. 5
•11%
600 11 Ma\- 4 23 Jan.
23% 24% 89,660 22% May 3 28T8Feb. 17
54% 54% 3,600 50% Jan. 18 64 Mar. 8
35
35
6,410 30% Mar. 24 43% Jan. 28
17
800 15 May 3 21% Jan. 4
6% 2,473 6 Feb. 1 8% Jan. 2
19% 20
2,225 17% Jan. 25 24 Feb. 9
•9
10
8 Mar. 25 11% Jan. 3
28% 29% 2,300' 25 Jan. 23 30% Apr. 14
23% 53% 3,315 22 May 4 29 Jan. 2
54% 55
55,613 33% Mar. 27 Ol'gJan. 2
1% 1%
800
1% Apr. 22 2 Feb. 4
21
21
2,045; 19% Mav 3 26% Mar. 8
14% 14%
500 13% Mar. 24 19 Jan. 4
•19
23
Mar. 8
21''eJa|i. 18 26
27% 28
83,619 25 Mar. 24 34% Jan. 5
21% 21% 5,7321 16 Mar. 24 25 Apr. 12
22% 23%' 90,035 18% Feb. 5 31 Mar. 3
102 102%' 1,540 75 Mar. 1 106 Apr. 20
29% 30
11,070 27% Apr. 6 38 Feb. 2
"3% 4%
3% Jan. 16 5 Feb. 15
18% 19%' 1^300 17 Mav 5 23% Jan. 25
39% 39% 1.150 37% May 5 48% Jan. 7
96% 100
413 97 May 5 105 Feb. 9
55% 57
Jan. IS 67 Apr. 12
6,2.50 37
108% 110
100 99% Jan. 26 112% Apr. 9
110 112
1,6.50 106% Jan. 19 llS'eFeb. 25
40
40% 3.350 30% Mar. 17 41% Apr. 24
8% 8% 10,736 7% Anr. 30 1438 Jan. 2
48% 49% 115.915 44% Mar. 24 56% Jan. 2
Mav 3 12% Jan. 2
l,4,vO
6
6% 7
•15
18
500 15% Apr. 19 22»8Jan. 2
;
j
I
23
I
26% 27%
20% 21%
20% 21%
26''9
55%
1%
21%
14%
27
28
5,270
Mar. 23
6%
16^8
668
IS's
22% 23%
54% 55
*1% 1%
20% 20%
53%
2238
5438
20%l
I414
27%
20% 21%
20% 21%
....
10
1939
26
6%
2339
11%
2338
*15
6
15
44%:
6%
6
2339!
53
52'6
6
6
11% •11%
22%
25
1,290 136
138% 138%'
101% 100% 101%
11
12
22% 23%
17% 17%
639
18%
99^8
3
3
6
1
2
1,.500
30
137
•11
•43
14
44
98% 100%
5% 5%
6
•11
•11
14
43 14
46
101
May 4 6% Jan.
"
May 6 11% Jan.
67% Jan. 29 86 Apr.
200 15 May 4 25% Feb.
2,720
8
Jan. 10 13% Apr.
""
3,300
3,478
11% 11%I
30
137
22
.:
80% 80%
11%
11
'
21% 22
10% 10%
i
20%
2
11
30
136
I"'
2114
47
1%
3%
136% 136
13Gia 13612 136
20I4 21I9
20
10% lOij *10
15
33
54% na
1% 1%
2038 20%
Ohio Central
Ohio ,<E Mississippi
Ohio Southern
Oregon Short Line
Oregon iz Trans-Continental..
Peoria Decatur Evansville
PhUadeliihia & Reading
1,045
1,798
14««
120% 123% 121 122'«
16% 16%
"22% "22% 24
24
81% 81% 79
81
10
47
29
29
121% 123
'
9
pref
7%
I
45% 48
1-)%
2%
3
22 '8
pref
Northern Paclfle
Do
!
2638
Western.
Do
I
i
18
pref.
7%
•13%
9%
22
223S
22%
11% 11% 10% 11%
76 14 7739 77
7736 78%
76% 78
76^8 7838
7838
77% 78%
89
90
89
90
89% 83% 90
90
90
90
3334 34%
3303 34I9
337g 34%
34% 36
34% 36
3479 35»i.
3314 3314
33
33
34
34
34% 34%
126 127
1251a 1271a 126 126%i 125% 126% 126 126% 126% 127%
"29
32
30
30
30
30
30
30
62
62% 61% 61%; 62% 62% 62% 62%
1718 17»8, 17% 17%i 17>4 IS
18% 19% 19% 19% "19" "id"]
41% 4239 41
41%i 41% 42
43
43
43% 43% 43% 43%;
21
2138 23%
2314
221a 2II4
22% 23% 23% 24% 24
23%
104 104% 104% 105
103% 1033s 102% 103
105"8 107
105% 106
i
Nash v.ClmttanoogaJjSt. Louis 44I4 44 14
New York Central & Hudson. 100% 101 14
Norfolk
81
10
lOlfl
III4
Ohio
5,.">on
i2i)' i'so"
82»9 83%
;
pref.
ic
14
9
j
|
Do
Ulssouri Kansas
I
I
Cliicago...!
lilevated,oousol..i'
A;
22
101-2
Louisvllle& Nashville
.fe
7
7
14
•8
.
*25
10i«
10
I
Manhattan
129>a 130
10
26'8 28
27 li 211
27
27%
123l>8 12138 12-J%
1221a 12433 121
lOi^ It5i8 '15
16
22% 22% 21>s 21% '2114 '21%
EransvlUoife Torre Haute
Fort WnrtU \- UeuverCitT
Green Hay WlnouuifcSt. Paul.)
Houston ,v Texas Central
Illinois Central
Indiana HloominKt'n & West'n;
Memplils
9>4
i
46 >£ 47
Denver ,^ Kio Grande
ABsessment paid.
Do
East Tcuucssce Va. & Ga
Alb.
2,895
29,4211
3,>415
3i)
1
pri'f.
New
04 'a
36% 36% •36% 37
•i<l% 48%
48% 49
39
39
39% 39%
I
Delnwuii'l.iiikawauuaiScWest
Louis.
65
•ftl
:
Clevcliiud Col.Cln.ife Imlianap.
Coluiul)ii« IIoc'kluK Val. itTol.
Lake Krle i Western
Lake Sliore & Micb. Southern.
LoD^ Island
13
38>a>
7>«!
I3iei
62% 63%.
34% 3»T^i 86
37
46% 47%. 46
47»«,
3S% 38% 89^ 40
7% 7%! •a
8
13
13
14
14
HI«lMM.
.I
Clilcn no llock Islaud A FaolHo.
CLlcairo St. Louis & Plttslmrs.
Do
pref.
Clilcairo St. Paul Minn. & Oui.
Do
7i«
1
4S>4
(
pref.
Do
37
Wa
39
8
i'ioii ibo'^
&Qulncy.
1)0
04>4
80
ISM.
—^.^_
1,
9
-M
10
.M
578
iFeb.
139% Jan. 2.> 144 Feb.
iso" isi" i3i% m%' 131% 132% 13,431129 May 4 140 Jan.
83
84%
83% 84i% 83% 84% 83S9 84% 249,885 82=^ Mav 4 96% Jan.
110 117
116% 116% 11614 116% 117 117% 118 '"
"•
1171a 118
118
1,140 116 Mai123 Mar.
lO.-.ie 105^8! 10438 105»e IO4I4 10,ji4 105
106% IO514 10639 105% 100% 87,360 104% May 4 111% Feb.
13512 I35>al 135
137
137 137 •133% 137
137% 137% 137 139
676 135 Jan. IH 142 Mnr.
124 125
I2314 123>s 123 123^8 124
124 124
124
123% 124
2,481 123
.May
131
Feb.
lOi^ IOI4
lOls 10>2
10% 1038 10% 10%
10% 10% 1,115 9% Mar. 24 15% Jan.
•27
32
27
27
•28
28% 29
29%
300 26% Mar.
3SI4 38 ?j
37% 3»i4 37% 39%) 38% 39% 38% 39% 22,490 35% Mar. 2 .I-)!., .I;,n.
37»s
J
100% 101>s 100 100>a 100'4l0l
101 101% 101% 102
101% 102% 5,;i3.-) 97 .Mar. 4(iio 47I2
2dpref
Clilofl 110,1- Alton
('hU'r.i;o Uiirlluijton
3g>4'
eaog
l^wert.
.StaarM.
7.
Igse.
1,
Bange itooa Jan.
Week.
May
0.
JAN.
—^—
Bale*
or tii6
WcdoMdaj-,' Tbiindar,
I
HH.
Active
AND SINCE
T,
I
21%
21% 22%
Elchmond ,t Dauvllle
105 105
105 105
103 103
104 104
103% 104
Richiu'd i West P'ntTennlnal
28% 28% 28% 29% 28% 29%. 29
30% 29% 31%
*3% 5
•3%
•3% 4%' '3% 4%
3% 4%
Bochester& Pittsburg.
5
17 -9 l77e •10
St. Louis &8an Francisco
17
19
19
19%
18% 16% 18
-35
•37% 39
Do
pref
42
39
39
37% 39% 39% 39%
•99
Do
102
Istpref
99
99
99% 97
99
99% 97 100
53"8
St. Paul & Onlath
55% 56% 51
51
53
55
54
54% 35
Do
110 110
•108% 110
pref
110% 110%
108% 110
St. Paul -Minneap.
112 112
Manitoba. 111% 111% 111
111
ilO'sili'l 112 112
Bontheru Facirtc Co
40
40
40
40%
40% 39% 39% 39
40% 40
Texas A PaciHe
8=8
7% 7%
7% S%
7% 8%
8
7% 7%
Union Pacillc
48
49% 47% 48'8 47% 48% 47 's 49% 4838 49%
Wabash St. Loulo & Pacitlc.l
63g
6
6
6
6% 6%
6%
6% 6%
6
15 IS
Do
'15% 10% 15% 15% 12% 16
16
nref
IS
miRcellaneous Stoeka.
Colorado Coal ,t Iron
•21
22
23% 1,315
21% 21% 21% 21% 21
22
22% 23%
92%l 91
Consolidateil Ga.s Co
93%' 19,816
91
89
9238
93% 94% 90
88% 91
94
Delaware
Hudson Canal..
90% 97% 93
95%; 94% 96% 94% 057e 41,051
96% 93% 95% 94
20-9
Oregon Inuiroveineut Co....
200
20% 20% "95"
'96% 95% 96%
Oregon Railway & Nav. Co..
4,020
94% 94
95
96% 96% 94
96
93
PaoitlcMall
33%' 51% 33
53,605
51
52% 53
52
30
51%! 50
51% 52
PuUinan Palace Car Co
'130
1!)5
130% 130%
129% 129% 127 130
132
12s 129 1*128 131
Western Union Telegraph...,
6138 03%
61% 62%l 61% 62% 62% 63% 62% 63% 01% 6238 106,453
Express Stocks,
Adams
5
144 148
.,
148 148 ;*144 147 '144 147%' 141 148 '142 147
American
389
105% 103% 103 106 •103 105%
104% 105% 103% 105% 105 105
21
!
.
I
<fe
]
j
i
'
I
,
I
I
,fc
I
United States
Wells, Fargo .fe Co
*62
Inactive Stocks.
•60
122
,
63
124
120
Cedar
,fe
Ji;
7
-is" "iT"!
15
!
11% 13%
•7
•11
115
'
'44
76'g
•45
31
73
,
15
75%'
106
105
209
50
77
106
41
7%|
I
18%
41
7
IS
17
41
7%'
!
7%
-11
*13
16%
I
7%'
14
17
I
48% 50
50
79
107
79^8
90i>e'
107
I
:i
6%*
6%*
6%
*19%
'20% 22% 19% 23
63
53% 53% 53% 52% 52% 53
-3
37
89
37
6%
-19% 23
4
I
•
4
I
89
300
r,9;
11
13
93
20c 17
355 115
8<K 22
New Central Coal
Ontario Silver Mining
Tennessee Coal & Iron
16"
16
IS^'s
16
16
"16"
•9
10
I
41'8
41''9
.1
15
30
39
9
29
29
40
40
I
39
39
I
•9
•8%
10
9
8
20% May
2 May
130
10«J
I
i
4
28
IS
.\pr.
82
Apr. 13
Mar. Vi
Mnr. J
18 211
2 150
11
1
3
Jan. IH
Apr. .•JO
Jan. 5
Mar. 25
Jan. 13
Mar. 13
9^8 Apr. 20
9 May 4
Apr. 1
Mar. 25
13
54
20 107
15
9
17
200
100
200
100 29
250 38
41
May 4
Feb. 13
Jan.
30% Jan.
3T£ 100%.Ian.
21 •204% Jan.
100 141 Jan.
6% Mar.
6.069
i3<^;
•lo"!
These are the prices bid and asked no gale was made at the'Board.
;
15
11
9
10
15
20
16
Feb. 13
May 8
9% Jan. 8
14% Mar. •2
Mar 24 22% Jan. 8
Jan. 13 100% Feb. 38
21%.Mar. 8
Feb.
Mar 24 115 Mar. 24
Jan.
1,.533
.Midland
16
JO
7
947 25
36
86
52% 52%
*
Jan. 14 150
101% Jan. 28 106% Apr.
1,100
17% 17%
'46
61
77% 77%' 79
103% 105%!
•43
pref,
Cameron Coal
Homesiake Mining
Maryland Coal Co.'
61%
144
4 27% Mar. 12
4 111 Feb. 8
18 108% Feb. 13
5 31% -Mar. 6
4 108% Jan. 5
Feb. 23 67 Jan. 2
May 3 137'a Feb. 9
May 3 75'^a Jan. 9
58''8May 7; 66 Feb. 28
58 119 Mar. 26 125% Feb. 18
SS^e 60
•118 121
61
120
17% 17%
•45
Do
pref.
74%
75
New Y'ork Lack. & Western... 106 106 105
New Y'ork New Haven A Hart.
209
Pittsburg It. \y. & Chicago....
Quicksilver Mining Co
6%
Ho
l>ref
20% 20%
„.
Rich.,v Alleg., stock trusrotfs.
Konie Wateitown & Ogdensb'g "53% "53%
33%
St. Lonis Alton ATerre Haute.
37%'
•
120
61
118
,
Mexican Telcmaph Co
Mil. Lake Shore JS. West
„ Do
Vir.trinin
•118
41
7%
Cent leased line stock
Manhattan Beach Co
Illinois
122%
119
17
7%
-Minnesota
Central Iowa
61
62
39
7%
115
Pacific
;
Falls
60
59
49
128
|
Ameiiran District Telegraph.
Atlantic
63
124
39
'.
May
88% May
87% Jan.
20% .Mav
93 May
21
8
.Mar.
tf
Jan. 8
Jan. IS
25%
7% Fel>.
1'/
18
55
46
95
30
Apr.
Feb.
23
Jan. 8
Feb. 18
Feb. 18
Apr. 1
Mar. 1
17% May
16%
15%
29
50
S
Feb. 18
Apr. 19
7
—
——
.
.
.
. . ..
..
..
[Vol, XLII.
M llf
QUOTATIONS OF STATE ANU RAILROAD BONUS,
STATE BONDS.
8KCURITIB8.
Alabama— ClftBB A,
Bid.
1900
«s, 10-208,
17
17
17
N.O.
85
21
68, loan,
68, loan,
68, loan,
iooia
102 "a 103 >Q
111 114
8eorela-68, 1886
T».1888
TB.goia, 1890
Bid.
Del.
Railroad Bonds.
Wil.C.&Ru.R.
Consol. 48, 1910
6», 1919
Ohio— 68, 1886
8outh Carolina—
68, Act Mar. 23, 1809 (
non-fundable, 1888.
116'4
12
56
65
44
5»
—
52
65
deferred
District of Columbia—
61a
1924
Registered
118=11.
3-858,
56
56
53
58
Bid.
Ask.
10
91a
68,
(
63
44
too
TnndinirSa. 1899
42
Can.So.— lst,lnt.guar.,5si 100
i06"a
1st, cons.. 5s. 1930...
85 Hj
Ex coupons 9 to 12
2d, 5s, 1913
•„--„Ail
112
Divisional 5s. 1930..
Central Iowa— 1st, 78,'99t
68
EUz.C.A N.— S.f.deb..C.,88
East. Div.-lst, 68, 1912
1st. 6s, 1920
III. DiT., 1st, 6s, 1912 ..
121>a Eliz. Lex. A Big Sandy— 6s
Cbes.ife O— Pur. mo.fd.'9S
loU
Erie— lat, extended, 78...
6b, gold, series A., 1908. 100
67 "i G8H,
2d, extended, 3a, 1919..
68, gold, series B., 19081
25'...
2
Sd, extended. 4ia3, 1923
6b, currency, 1018
97 "a 99
4th. extended, 58, 1920.
Mortgage, 08,1911
86 »,
93
Ches.O.&S.W.-M.,
CWc. & Alton— l8t,7s,'93
."i-ea.
121
6s, 1903
La. & Mo. Riv.— Ist, 7s. 119
2d,7B, 19U0
Bt. Ij. Jack. & Chic— Ist
l8t. guar. (564), 7s,'94
2d, (360), '7s, 1898
2d, guar. (188), 7s.
Mlss.K.Hr'ge— l8t,8.f.6s 105
Chic. Burl. & Quincy
'1343^
Consol. 7s, 1903
Blnking fund,
-
UT-l
•
I
Plain 48, 1921
'".'-•
i33'4
C.E.I. & P.— Us, cp., 1917
Ext. & Col., 68, 1934... lll'-a'ill'j
Keok. A Des M.— 1st. 3a 108=4 109\i
Cent, of N. J.— 1st, 7s. '00 110=4'
112
lisiailie
110 111;
82
80
&
Collateral trust. Ga,
Ist,
102=4 103
lst,cona.,gold, 78, 1920
Ist, cons., fd. coup., 7a..
Roorg., 1st lien, Gs, 1908
Long Dock b'nds, 78. '93
Conaol. gold, 59, 19.'!5.
B.N. Y.A E.-l8t,78,191G
112=4
1081a
132^8 133
N.Y.P.A O.— Pr.rn.09.'95
N.Y.C.AN.— Oeu..6s,1910
H.— Ist, cons., Gs
136
126
134
1221-2
126^1
1151a
11418
Gal.IIar. A S.Ant.— l8t,6i
2d, 7s, 1905
West. Div.— 1st, 58
2d, 63,1931
,
118
98
«ulf C0I.A
S.Fc—78,1909
G.s.
H.A Tex C— 1st M.L,,78t
1st, Western Div..7at..
1st, Waco A No., 7st ...
120'<
,21
95
101
70
8s
103
lOl-'',
143
136
118
121
109
1013"
1061a
103 106 iv
Eacanaba A I,.S.— Ist.Gs IIG
Des M.AMin'ap.— lst.7s 128 137"
Iowa Midland- Isl, 8s.. 132
Peuinsula Ist, con v., 7a l-.i6
Chic. A M ilWkee— 1 st.79 120
Wln.ASt. P.-lst,7s.'87 1041a
—
131V
116
General consol., 63,193-1
P. Min. A Om.—
Consol. «a. 1930
Or.ATranac'l-Gs,'K2,1922 "oi'i
lOregon Imp. Co.— lat, Gs.
Oreg'iiRR. ANav.— Ist.Gs.
Olia
Debenture, 7s. 1887.-.88
Consol., 58, 1925
104
Panama— S.f.,8ub.6a,1910
H Peoria Dec. A Ev.— lat. Gsj llOia
115
Evans.Div.— l8t,Gs,19'20J
86 la, Peoria A Pek. U'n— lst.6s|
E. H.AN'.- lst.G8,1919
General, Us. 1930
Peusacola Div.- 68.192(1
St. L. Div.-lst, 68,1921
V2ti~2
Oiic.A.E.Ill.— lat.s.f.cur
Consol.. lat, Gs. 1934. .,
O&lo.tit.L.AP.— lst.Con.5H
128
132
127
l'.i2
100
106
2,1.38.
"Nasliv.
1980
A Dec— 1st. 7s..
S.
. .
A M.— lst,68,191'.
Louisv.N.Alb.AC— Ist.Gs
A Tex.— 1 at, S;
Lou. N.
107
95
83 Hi
116
A W.— 78,couv.,'9'-'
1907
I).
Manliat B'ch Co.— 78, 190!
N.Y.AM.B'h-l8t.78,'ir
1st. con., guar.. 78
1
*
i-j
No prloea FrlOay
;
West. Pac—
No. R'way
So. Pac. of Cal.— 1st,
.
121 la
Kans.
10814
1st, 69. 189G
Donv. l>iv.G9.ass.,'99
1st. consol.. Gs, 1919
C.Br.U.P.— F.c.,79,'9r
lst.G.a.190,Ist. 0>
J. Co,
Oreg. Short L.— lat. 6.
1.J
101
91
il5" 118
104
104 "a
91
100
48
531.J
121 >; 122
Do
Pac—
6s. 1907
lat, 6s,'95
117
(Interest payable if earned.
Inc., 1910...
.\tl.
94
87
89 v,
9G
84
100 101=4
108 110
90
82 "i
A Pac—
A E. 111.— Income
these ate latest
.
—
Kan. C.A S.— Ist.Oa,
Ind'sDec.A Sin'd— 2d.iuc
Trust Co. receipts
Leii.
Income
Bio
Lake K
:l3i4
Do
'.'.'.'.'.'.
\"9i"
112
90
93
VV.— Inc.,
Mil. L.Sh.
103
I!
—
7a.'!l9
AW —Incomes
N.Y.LakeK.AW.— Inc.Gs
Ohio So —2d. inc.. 0a,1921
PeoriaD.A Ev.— Inc.l92(i
Evanav.Div.- Inc.. 1920
Roch.APittab.-Inc.1921
Rome W. A Og.— Inc..
7s
So Car. Ry.— Inc., Gs, 1931
St.L.A.AT.H.— Div. Ijda..
iio"
801a
Oils
83
21
la
22%
39 li
34
40=8
33
Gen. mort. A tor. 68
Pennsylvania RR.—
Pa.Co.'sguar.l 'as.lat.ci
P.l. Co.'s4iaa,reg.,1921
'2d,
Chic
34
t
Coapons
Atl.— lat,
off.
Ga, 1920i
•«
106"
231a 26
SO
100
53
45
102
35
60
35
65
6S
G9
•24 'a
lOSia
Ga, 1.S8S
A
91'*
92
St Jo. A G'd Isl.- 2d, iuc "69
Free List.
Cumb.A Penn.— IstOs.'Ol 102
exAug, cp
102"
102=4 102'e
117'a
2d, prof., debentures
3d, pref.,dobenture3,
4th. prof., dol)enturet
gr.— reg
Aug. cp. on
qaoWUona made tlm week.
A
Coal—'8S
Mob. A O.— lst,pr(..dcben
,t Id.
O., Gs,
A
Wllkeal).
Sand'ky Div.— Inr..l920
Laf.BI.AMun.-.Inc.,78.'99
Pac— lst,6s.l90!
Consol.. Gs. 19(>3t
Tex. A
102
..
Or.BavW.ASt.P.— 2d,iuc.
Ind.Bl.AW.— Con.. Inc.Gs
A
Equipment, 78, 1893.
Gen. mort.. Gs, 1931
So. Pac of Mo lat.0f
115
106^)107^
E.T.V.,tOa. -Inc.,Ga,1931
Vt. So.— Gen., 78,1909
Exten., 1st. 78, 1901^
Pac— 1st, cous., Ga.
3d, 7s, 1906
Pac. of Mo.— 1st, 68 ..
2d. 79, 1891
StL.AS. F.— 2d, (is, CL A
6s,Cl.a99C, 1901)
68, Class B. 190G
O
Ist. Ga. Pierce C.
West.Un.Tel.- 7a, 1900 ..
7s, 1900, reg
N.W.TelCKraph.— 78,190)
.00=a Chic.
AtCAP.—
A W.—
At
80"
"as"
Ill.AKo.Ia.— l8t,ex.,Gs
Mut.Un.Tel.-S.fd.G.s,19n
Col. C.A Ir.Co.— lat.con.G>
Tenn.CoalA Ir.- Cnna..t).«
So. Pitta.— lat, Ga. 1902.
113=4
Income Kniuls.
Mo.
loo's
Q.ATol.— lat, 79, 1.890
Han. A Naples- l9t,78
West Shore- 1st, gnftr.,4s
Uuiou Pacific- 1st. (is.. II718 118
Land grants. 7s, '87-89 104
Collateral Trust. 68.
"
1021a 103 la
'Trust Co. Receipts
Gs,
So. Pac. of -Vriz.- 1st. Ga
'93..
51
87
721a
St.Chas.Bgc— lat.G,- 90
No. .Ml.ssonri- lat. 79. 1181a
W.St. L. A P.— Iowa div.,Gs
So.PacofN.Mex.-lat.Gs 103=4
Sluklngfnud, 8.S,
Keg.. 89. 1893
90
86^8
Clar'daBf.— Gs, 1919
63.
Gs.
Bonds. 63..
(Cal.)— lat.Ga
118
107
100
Mlch.Ceut.—Cons.7s.l902
Consol.. 58, 1902
6s, 1909
109
l'24<al
104
St.L.K.C.AN.— K.e. 7s
Omaha Div.— Ist. 79.
A Oregon- 1st, 6s
Vu'l
N.Y.n.,tM.B.-lstc.,K.'i
Metpn. EIov.— l8t.63,1908
142",
Id.Ga.l.sOO
113=8 1141a Mei. Cent.- iBt, 78. 191 1
1st. M., 78. ex.cp..6.7.A8
New assented. 48
S. Y. Lack.A W.— I8t,68!-i2'7
San Joaquin Br.— Ga..i
Cal.
Cal.
i24"
West'n— 1 St, 7s,'8S 110
2d, 7a, 1893
lieia
.i
110=4
133
Bonds, 7s, 1900
7goJ 1871,1901
,
"a;
101 'e
>137
Syr. Hiiig.A.V. v.— lst,7:
Morris A l-'aaex— 1st, "7;
2d, 78, 1891
Gt.
AOr.— Ser. B..
Land grant bonds,
10-40,63,1924
Pena. A.\t.— Ist.Gs, gold
L. ErloAW.-lat, Gs.1918
Laf. Bl.
C0I.A Uroon.— lst,U8,I9H
ad.6s.l920
C«l. H. Val.A Tol.— Ist. 5i>
69
97
Gs
W.—
lat, ext., 7!
1st, St. L. Div., 7a. '89
2d, ext., 7a, 1893
Equip'tbd.9.,78. '83.
Consol. conv.. 7s. 1907
I
A N.Ala.— S.f.U3,191(l
Louiav. C. A L.— 6».1931
Trust bonds, 6s, 1922
Tol.A
i
BR.—
Pac— Gold.
991a
Wabash— Mort.,7s,1909
I
67
Sauduakv Div.— 6s,191i
ASt.L.— l«t.G3.191.")
Construction. 5s
-l9t,Gs,193(l
03 la Wab.St.L.APac— Gen.,6s
94
Chic. Div.— 33, 1910
Hav.Div.-6s, 1910
Ind'polis Div.— Gs, 1921
105
Detroit Div.— 6s, 1921.,
Cairo Div.- 5a. 1931 ..,
!
Cen.
97 H»
92"
90
Sabine Div.-lat,Gs.l912
Va. Mid.— M. inc., 63,1927
i
coup., 1st, 7s.
reg,, lat,78.. 'Vii"
coup., 2d, 78.. 1241a 123
1'24=4
reg., 2d. 7a-.. 124
MahoningCual U..-1 st.5s
Long Isl. RR.— 1st. 7s. '98
Tol.A.A.AO.T.— l.at.Gs.g
Tex. A N. O.— 1st, 7a,1903
I
;(
96',
Buff.AErie-New l)<ts.7a
Kal. A W. Pigeon— Ist.
Det.M.AT.— Ist,7s.l90li 120
Lake Shore— Div. bonds 122
Consol.,
Conaol.,
Conaol.,
Cousol.,
Trust Co. receipts
I
. .
2d, 6s. '930
123
CIllc.AW.Jnd.— lBt,a.f..8.
aenl mort.. Oa, 1932 ...
A A sh.— 7s.
Cleve. P.
N.O.AMob
OWc. St.
C.St.P.AM.— I.st6a.l918
No. Wis — Ist, G.s. 1930.
St.P.AS.C- lst.68.1919
Tr.. 6a
Ist. Min'l Div.. Gs. 1921.
A W.— Ist, 7s, 191"
Tol. P.
Pacific
Knoxv. A O.— lat.Gs.l923
Lake Shore A Mich. So.—
consoL. 5s, 1931
Louisv.A N.— Cona.7s.'9S
Cecilian Br'ch. — 7s,1907
125
102
Consol. sink. M.,7s.l914
Kentu^:ky Cent.—
JI.Ga, 1911
Stamped 4 p. c. 1911...
1st,
Mil.&Miul.- I3t.6s.l905
Ott.C. V. A St.P.— Ist.Ss 108'^
North.IU.— latoa. 1910, 107 =<
O.C.C.AInd's- l3t,7s,s.fd.
Consol. 7s, 1914
l8t,78, 1911
Tol.&O.C— lst,g.,58,1935
Ohio 80.— laf, Ga. 1921 ... 104
Oieg'u&Cal.- l8t,6a,1921
C—2d Div.,7a
Dub. A
7a
General, 6s, 1921
SodnaBayA So.-lst,5a, g.
Tex.Cen.— lat.8.f.,78,1909
Ohio (Tent.— lat, T.
S.
Un.— 1st, 69, 1922
Dul.— lat, 53,1931
—
93'a
.
1271a
A
So. Car. R'v— 1st, Os, 1920
2d, Gs, 1931
Shenaud'hV l8t,78,1909
104
106
Adjustmt. M.— 7s, 1924.
Ogd. A LakeCh.— Ist.Oa..
2d, couAoI., main line,
6214' Obio A Mlsa.- Cona. a.(.7s| 119
General, 6a, 1921
"85'
'89
Consolidated 7s, 1898... 119
HouiS. E. AW.Tex.— lst,7s
'108
2d,con8oUdated,7a,1911
] ll.C'en.— 1st g. 49, 1951...
IstSpriugtield Div., 78.
Bpd.Dlv.— Cp.Ge, 1898.. 1'20 121
SliddleDIv.— Reg., Ss.
Ist, general, 5s, 1932.
100 V
'120
Ced. F. A Minn.— 1st.
lBt.S.Minn.Div..6s,1910 117'a
Ind.Bl.&W.— 1st, pref.,7« '1'20
100
H. A D., 7s, 1910... 126 127i
1909
1st, 5-Gs,
let,
CIllc.&Pac.Div.,6s,1910
2d.3-0a. 1909
io'i"
l8t,Chic.AP.\\' 5s,1921 i'OGi, 100 Hi
Eastern Div.— 6s. 1921
lOGi-j Indianap.D.A.Sjir.- Ist.Ti
105
Mln'lPt. Div., OS, 1910
C.AL.Sup.Div., 58,1921 103
Int.A Ot. No.— Ist.Gs.gold
lOG
Wis.AMln.Uiv..5s,19',il 105
Coupon, Gs, 1909
l'J07
I
Gold, 5s. 1951
Hi
Dakota Ext.— 6a, 1910..
1st consol., 63, cp., 1933
Norf.AW.-Gon., (is, 1931
New River— 1st, Ga.lil32
Imp. A Ext.— 68, 1934..
Ki
1041a 105 1<
C.st.L.AN.O.— ren.I.,78
lat, conaol., 78, ISO'
2d,6s,1907
132=4 133
132^2 34
Consol. bonds. 7a. 1915.
Coupon, gold, 7s, 1902..
Regist'd, gold, 78, 1902.
BinTangfuiul,6.s, 1929..
Sinking fund, 6s, 1929.
eink'gid.,deb.,5s,1933.
25 years dob.. 5S.1909..
—
.T2
2d. 6s, 1909
MIn's
1
108
Arkanaaa Br'ch— lat, 78
St, P.
Gen.. 2d. gold. Gs, 1933.
123'a I'^lia'No.PacTer.Co.- l8t,g.,Gs
101=, *02
James Riv. Va! lat, Ga
il"*: N.O.Pac.-lst.63,g.,1920i
121
114l«
115
StP.Minn.AMan.— l8t,7s
Debenture. 68. 1897t. ..
Midland of N.J.— lat. Gs
121', N.Y.N.U.AH.-lat,rg.,4a
99
N.Pac— ().l.gr..lat,c|i..68
Registered, 6s, 192 1
ar'nBayW.ASt.P.— lat.Bs lOO'j'lOl
67
I'liii
Cairo A Fulton— 1st. 79. 109
Cairo Ark. A T.— lat. 7* 113
91
Gen. r'y A l.gr.- 5a.l931
St.L. Alton A T. H.— lst.7s 117
112
2d.pref., 7a, 1894
104 13
2d. income, 7s. 1894 ....
Bellov.A 80. 111.— 1st, 8s
Bellev.ACar.— lat,6s,
50
2d. 6s. 1923
N.Y.Ont.AW.— Ist.g., 6s. 106
N.Y. Susq AW.-lst. 63I
.
12G
132
Tenninal OS, 1914
Fargo A So. 5s, A3su.,*24
Obic. A Northwest.
5712
Trust Co. receipts
N.Y. A N. Engl'd-lat. 78. '1'29
'118
1st, 6s, lOOo
88 'e
N.Y.C.ASt.L.-lst.03,1921
88^
Trust Co. receipts
Mt.Veru'n— 1st, 68,1923 108
Fl'tAP.Ma'rq.— M.6s.l9'20 1171a
87 14
Ft-W.A Deu.C— Ist.Os..
127
7s, 1906.
SO
106
114
2d, 78, 1897
1331a
140
'
A Iron Mt.— lat, 7s.
St. L.
109
Deb., 5s, 1904
Harlem— 1st, 7a, coup
Buff.AS.W.—M. 68,1908
Ev. A T.
Atl. ACh.— 1st. pr..7s,'97
Incomes, 1900
N.Y. Elev.— Ist,
104=8 105
Conaol., lat, Gs, 19-.'2...
Scioto Val.— lat, cons.. 7a.
St. Jo. A G'd Isl'd.— 1st. Gs
..
1'20
114=4
Con., lat, ext., 5b, 1922.
Rich.ADanv.— Coni..g.,6«
Debenture 68.1927
130
— 1 St, cp., 7s
N. Y.C. A H
"a
128
Rich. A Alleg.-lat, 7s.l920
Trust Co. receipts
2d, 6s. 1901.
N. Y. Central— 6s 1887
Deb. certs,, extc'
130 "a
110
118
I
Gs, 192"
1st. Gs
Extension,
1
[Roch.A Pitt.— lat, 69. 1921
1 89'_'
Na8h.Cniat.ASt.L.— lst,7s
112
110
II
113
Gs.
Morgan's La. AT.—
1st, 78,1918
123
'110
1888
Hend.Bridge Co.— Ist,
108>a|112
9718 971a
St. P.—
let, 88, P. D., 1898
2d, 7 3-108, P. D., 1898.
Jst, 78, $ g.. K. n., 1902.
Ist, La C. Div., 7s, 1893.
1st, I. AM., 78,1897...
lBt,I.& D., 7s, 1899...
let, C. AM.. 7.8,1903..
Consol. 7s, 1905
l8t,78, 1.&U.Ext..l908
l8t, 8. W. Div., 6.% 1909.
Ist. 5s. LaC.A Dav. 1919
Cons.. 2d. income, 1911
n.ACent.Mo.-l8t.7a,'90
Mobile A Ohio— Now
45
Gold, Gs, 1923
llan.A St. J.— Con. 68,1911
i
Am.D'kA Imp.— 53,1921
80
•72
103
CoUat'l trust,
Fund coup.. 58. 19G9.
1
Bid.
1
(is, I<.l22
—
l8t.cons.as8ent. 7s, 1899
Conv., assented, 7s, 1902
Adjustment, 7s, 1903...
Conv. debeut., 6s, 1908.
Lch.&W.B.— Con.g'd.as.
5th, 7s,
SECURITIES.
C—
N.Y.L.E.AW.-N'w2d6»
ExJune. 1886, conp.. *84
68,8inkingfuud,1901.. 111
106=1 107 "a
5s, debeuturcs, 1913
la. Uiv.- S. fd., 5s, 1919 111 Sp
4r, 1919 100
Sinking fund,
99isll00^
Denver Ulv.—48, 1922..
Aak.
Mich.Cen.— Coup,58, 1931 109
Penn. RR.— Continued—
Jack. Lau.A Sag.— Gs.'Ol
Pitts.C.ASt.L.-lst,c,7sl
121
Milw. A No.— Ist, Oa, 1910 ios" 1061a
1st. reg., 73
lOlia 10278^
lat, 63, 1884.1913
2d, 78, 1913
Mil.L.S.AW.— l3t,68,192I 117 117=4
l8t,79l
Pitta Ft.W.A
Mich. Div.-lst, Gs, 1924 116
2d, 7s, 1912
132
Ashl'd Div.-l8t.63,1923 113
3d, 7s, 1912
122
Minn.AStL.- Ist,7s.l927 130
Clev. A P.— Cons 8 fd.,79
144
Iowa Ext.- 1st, 7s, 1909 125
4th, s. f., Ga. 1892
118
100
2d, 7b, 1891
St. L. V. AT. H.— lBt.g..7s
S'thw.Ext.— lat.7a,1910 109
2d. 78. 1898
100 la
109
Pac. Ext.— 1st. 6s. 1921
2d. guar.. 78. 1898.-..
82 "a
99
Imp. A Equip.— Ga.l922
Pine C'k R'y—6a of 1932.
73=4 Minn.AN.W.-lat.Ss.gld. 101
102
Pitta. Cleve. A Tol.— lat.Ga
fSi-j 94
70
Mo.K.AT.— Gen!.,63,19'20
Pitta. June- lat. Ga. 1922
78 14 ,,.,- Pitta. McK. A Y.— Ist.Ga.
78 "a
General. 5a, 1920
II4I4 ll^'UllRomeW.A Og.- lat,7a.'yl
Cona.. 7s. 1904-5-6
DetMack.AMarq.— l8t,08 13"
Land grant, 3ias, S. A
E.T.Va. A y.— Ist,7s.l900 121
...
let, 5s, lti21
& P.— Cons.6s
General, Gs, 1924
SECURITIES.
Ask.
& Ilud. Canal— l8t,78
1st, ext., 78, 1891
78, 1894
1st, Pa. Div.,op.,78,1917
1st, Pan. Div., reg., 1917
SU3Q.— Ist. 7a...
Alb.
Bntf. N. Y.
7s,
Ast
C'mp'mise,3-4-5-68,1912
94 Si 9G
118 Hi 119
103
Tennessee— 6a, old, 1892-8
6a. new. 1892-8-1900 ..
I
Bid.
Virginia— 6s. old
68, new, 1866
68, consol. bonds
6s, ex-matured coupon.
6s, consol., 2d series
Brown consol'n 68, 1893 109 >4 111
II8I3'
—
Mortgage.
10i<
Do
136
136
108 la
84 's 87
A
Atl. <S Pac— 1st, 68, 1910,
lst,cona..guar.78,1906 131
Baltimore <fe Obio—
120
lst,cons.,guar.88,1906 120
l8t,6s, P.ark.Br., 1919.
Ill's
Reus. A Sar.— 1st, cp.,78 142
88, gold, 1925
no's Denv.A Rio Or.- Ist., 78. 1171;
C. Rap.* No.— lBt,5s 110
Bur.
•97
Ist. con.soL. 78. 1910...Consol. & col.tr., 58,1934 105
99=4
150
Trust Co. receipts
Winn.ASt.L.— lst,7s,i
Den.So.Pk.A Pac— lst,78 75
Citj- & West.- 1st,
la.
721a
l8t,6s
Den.ARioG.West—
C. Rap. I.F.* N.— l3t,68
Del. L.
22
Special tax, allclasses--
Coupon,
IStock Exchange Prices.)
Chic.
—
SECURITIES.
Ask,
Atch.T.&S.Fe—4>as,1920
Binkmg Fund, 6s, 1911.
7.x.
SECURITIES.
Tennessee Continued—
6s. new series. 1914
RAILROAD BONDS.
SECURITIES.
Chic. Mil.
188(J.
ABk.
New bonds, J.&J., '92.8
74
721a
1891
1892
1893
N. Carolina— 68, old, J.*J.
Pnndlng act. 1900
I
7,
N. Carolina— Continued-
101 "a
110
113
118
104
104
llihi
Missouri— 68, 1886
6b, dne 1889 or 1890....
Asyl'm or Univ.. dne '92
Funding, 1894-95
Hannibal & St. Jo., '86.
New York— 8s, reg., 1887
17
RB
& R. R. BR.
f B, Arkansas Cent. RB
<fe
8BCURITIKS.
Ask.
Bid.
Loolsiana— 78, oon8.,1914
Stamp -il, 48
8»
A'kansas— 6s, funAed
;», L. Rock & Ft. S. 188.
7«, Meiup.& L. Rock RR
T». L. R.P.B.
T», Miss. O.
8E00BITIK8.
ABk.
100
106
99
10«
1908.
OJass B, 58, 1908
01*88 0,48,1908
2d.
.
THE CHRONICLE.
570
.
—
'
75
45
61
.
Mat
.
THE CHRONICLE.
8. 1886.]
New York Local
Seoorltles.
qaotatloH
Inaar«n«» 8t*ak t,lmU
tank Steok lAuU
[PriOM by S.
8. Bailey, 6>t
Ifarksd thns c) ara Par.
not National.
Bid.
PBICK.
00MPANIK8.
Atk.
Amarloan
Amer. Kxchange
7s
ia5>s
134 |,...
Mnrtgage, 6s
Mortsage, A'tt
106 I.....
loos.....
(liinriintoiMl,
asa"
100
100 1 60
as 17J 180
100 3300
raia««
Ohatham
Chemical
Cltlseos'
•it
117
100 'idO
100 ITi
100 110
Corn Bxolianire*.... 100 181
1'20
K»«t River
Kleventh Ward*
35 116
100 Sou
Fifth Avenue*
100 1U50
First
100 137
Fonrth
80 110
Futton
Gallatin
60 lUO
Oartleld
100 UO
German American*. 7S 106
Qemianla*
100 170
Oreeuwloh*
36 106
Hanover
100 U7
Imp. A Traders'
100 280
Irving
60 liie
Leather MaiiuTrs*.. 100
Manhattan* ...
SO 1S5
Market
100 152
36
KechanU'S'
26 117
JCeohanlca*& Tratla'
100 Vib
UeroantUe
ICercnanttt*
60 13i
Uerchaiita* Exoh...
60 103
Metropolitan
100 44
ZVassau'
60
New York
100 182
Hew York Coun:.y . 100 175
t». Y. Nat. Kxch.... 100 113
Ninth
100 no
North America"
70 •.ye',
North River*
30 lis
Oriental*
36 176
Faclllo*
60
60
Park
100
People's*
36 150
Pheulx
30
Bepabllo
100 i'2S"
8t.Nlchola8*
100 115
Beventh Ward
100 103
Second
100
Shoe A Leather
100 136"
State ol New York 100 125
Third
100
Tradesmen's
40 106
Cnlted States
100 HOI
Continental
a
j
Oltlians'
30
70
100
SO
100
40
100
30
60
17
100
SO
SO
35
100
IS
SO
100
40
30
30
30
60
100
35
60
60
SO
SO
SO
87 >«
36
100
City
Clinton
Eagle
Empire City
Excnanse
Farragnt
Firemen's
tierman.Amerlcan
Qermania
Olobe
Oreenwioh
Oaardlan.....
108
Hamilton
Hanover
Home
Howard
ISO
Jefferson
Kings C'nty (Bkn.).
Knlckerhooker
Long
160
Isl'd (B'klyn)
Manntac. A Build.
Mech. i£ Traders*
..
Mechanics' (Bkljm)
Mercantile
Merchants'
Montauk
47 '4
I
I
17
Continental.
17B
118
186
115
90
Brooklyn
Commercial
City
Commerce
Bowery
Broadway
(Bklyn.)..
Na.s8au (Bklyn.) ...
National
N. Y. Equitable ...
N. Y. Fire
Niagara
North River
60
107
125
138
iUll
140
16S
175
IIS
lis
117
30
147
172
l»7
135
13U
136
35
313
2115
235
200
70
lOH
346
00
103
130
95
375
13U
116
226
76
113
Vil
134
138
140
70
115
210
87
85
75
133
235
82
85
120
46
80
65
116
100
146
03
165
76
US
117
86
240
VJH
110
IG
10
75
60
110
95
140
85
160
70
16S
106
les
103
156
105
140
126
104
149
102
26
25
Park
100
Peter Cooper
20
People's
60
Phenli
60
Rutger's
26
Standard
SO
Star
100
Sterling
100
Stuyvesant ...
26
United States
25
10
Westchester .
WUllanisbarg City. 60
Pacific
190
156
156
SROVRITIIM.
Tni«t,
ns
A«.
BM.
B«ItM'« D«l.-lM.8*,ISm (I'M
imvia7is id,H« 1MI17
..
UOIS
.and grant, 7s
Ask.
IKO
60
100
3S
26
At.
Bid.
Atob.* T(C>pek»-llt,Ti
I'iatii,
100 107
America*
Amsr. KxcluiBf*... 100 136
36 •mo
JU roadway
a»
Batchers' A DroT's'
PkllUelphls ss« BsUlBMr«.
Is Bostoa,
BOI4TON.
Par.
BIO.
671
SBCDRITim.
Ploe nt.]
PRIOB.
COMPANIES.
Oantral
..
...
.
.
,
T-
OS'S'.....
-
Vi«
ln.Neb.-Ez't,a« 111
6h uoii.exemyt
100
Land grunt, 7s
«I18V....
Calltonila sii.— 0a
40
i
('oils, V'tM-niont, 5s
7B .....
Chlo. Hurl. A Na-Ss
103>4 103
Chic. K. c. 4 West'o—8s.
.jlOt
Kast'rn. Masfi.- Ss. hew,. las
Frem.Klk II.,feMo.V.-6»..
iai'
K. C. Fori Mcott
O.— 7a
Cam.
* Amtooy-es, o.,'h|i 1107
107(4 MTi
A AII.-Ut,7s.(.,'M
14
ad, 8s, 1904... .r;?.!...
n™
Cons.,ep.o
Cstawtata- 1st, 7 1, con. c.
Nav 7s, reg. A conn
Oonneot'g es, op.
,
1
K. City Lawr. A 8o.-8s..
K. City St. Jo. AC. B.-7S i3e(^
K. City Hp'd A N»em.— «« 110 |111>«
H.C. Clint. A Springf.-5B 106 ^1.....:
113 1114
Little R. A Ft. H.-7S
07 » 98 >g
Mar. H. A Ont.-ieSS, es.
~
Mezloan Central—7*
87'a 88 Hi!
116 Hi! 35>4'
4s
8
7's
69
67
Scrip
in
iai"
90004 132
0«L* Boand Br— lst.7i>
BMtPenn.— lst,7a, 1888
„ EMtonAAmb'T— Ss, 1930
Income
lio-
Mort., ea, ItliW.
0am.
I
A
lai
(lon
106
ConaJls.ltf-JI
Ist.Tr.ii*, IMfl
Bair.P<tt«.A W.-Oea ,8s
....
.....
mo
itIM.
oir. N.Y ,*
«d.7a, IWW
|10»
(Js
Bnr.AMo
7s,
-<..
i'hii.-in.6*
•
132
i i'3°>i
Kl.AWmsp't~Ist,es, l»IO 134
Ss, perpetual
Rarrlsblt-lst,6a, IH83.. 108
H.AB.T.-lat,7>,g.,1890 no
90
Cons. 6s, 1896....
IthaeaA A th.-l »t, irid.,7B
lie'
I*h.V.-lst,e».C.AR.,'98
3d, 7s, reg., 1910
141
,
70
13»
Cons. 6s, C.A R., 1933.
128
N. O. Pac.-lst, 6s, 1930. 5621,
128 129
A
18*
No. Ponn.- 3d, 7*, op. *96.
ll7>t II8H1
6s
Oen.,7a, 1903
100 109*4
2d8, 6s,
iii
Debenture 6s, reg
nos
Ogdensb.A L.Oh.—6s
Norfolk A West.—<ien.,e« lOlii
9}
t"on.H"l|ilated 6s
«
N. R. DIT., 1st, 6s. 1033 10311 lOS
39
Incomes
i 25
N. y. PhU.A Nor.-lat, es 108 (f 109
137
Pueblo A Ark. VaL— 7s..
47
Ina.ea, 1933
ios'ij
•
Rntland- 1st 6s
Oil Creek— 1st, es, coup..
90
68
Pennsylv.—Oen., 6b, rag.
106
Rnnora— 7s
.is"
Oen.,6s,cp., 1910
Wlncoi sin Cent.— 1st ser. { 87
87*,
i'ii'
Cons., 6s, reg., 1906...
3d series
OouB.. es, conp., 1906.
Hebtintnre, 10s
So.l"ac.-7s
N. Kugland—7b..
N. Y.
N.Mei.A
.
1-27
—
lU<a
Con*., Ss. reg., 1019...
77
lo»
93
u-s
117
Mexican Central
106
120
Nashua A Lowell
N. Y.
80
106
100
150
100
135
117
95
65
60
107
130
120
STOCKS I
Pa.*N.Y. 0.-78,1896. 132 <i
'81',
Atchison A Topeka ...
13S
7,1906
ln8
Boston A Albany
Perklomen— 1 et, 68,cp.'87 99 100
U.
Boston A Lowei;
127 Hi Phil. A Erie— 1 st,78,cp.'88
108 »
Boston A Maine
{120
•1b9Hi'1('0Hi
Cons., 6s, 1930
Boston A Providence .. •1»7 I-...
114
Cons.. Ss, 1930
"
Boston Revere B. A Lynn { 24 ....
Phila. Newt. A N.Y.— iBi
10
11
California .Southern
las
Phil. A R.— 1st, 68, 1910..
6 '4
Central at Massachusetts
lie's 117^
3d, 7b, coup., ;893
Preferred
29
12a
Cons., 7s, reg., 1911
Cheshire, preierred
i3a%
Cons., 7s, coup., 1911 .. 128
85
90
Chic. A East'n Illinois...
Cons.,68,g.,I.R.C.1911
62 Hi
Chle. Burl.J: Nolth'n
t04^
Imp., 6s, g,, coup., 1897 101
60 >4
48
Chic. A Weal Michigan..
93^
Gen., 68, g., coup., 1908
14
92
Clnn. Sandusky A Cleve. 811
Gen., 7s, conp.. 1908
45
Cleveland A Canton
3^
Income, 78, coup., 1896
22
65
68 1*
Preferred
{21
Cons. 6s, l8tser.,<s.,ie32
Col. Sptlngf. A Cln
32
10>s
Cons. 6s, 3d ser.,0., 1983
Concord
Conv. Ailj. Scrip, '85-88,. 46
..„
Connecticut River
97
Debenture coup., 18931 ! 20
91
Conn. A Passump.'dc
\i 38
Scrip, 1882
109
Det. Lansing A No., prof. {
Conv.,7s, R. C.,1893..)
78'4
78
Eastern
Conv, 7s, op.off, Jan.,'86 ;•-;"
120 I'iS
Pltchbnrg
Phll.Wll.ABalt.—48,tr.ct, 103 lU8>i
Flint A Pere Marquette.. 1B»< 20
Pitts. Cln. ASt.L. -'7s.... IJiS
95
40
Preferred
Pitts. Titus. A B.—78.CP.I .••
Iowa Falls A Sloni City.
Sbamokln V. A Potts.-'Ts {124
Kan. C. CUn. A Sprlngrd {
Sunbury A Erie— 1st, 7s.
Kan. Cliv Ft. S. AGulf ..I
Sunk. Haz. A W.— 1st, 6s 108
69 100
{132
Piefeifed
2d, 6s,1938
Kan. C. Sprlngf. A Mem. .-,.. 69Hi Syr.Gen.A Com.— 1st, 7s.
33
32
Little Rock A Ft. Smith.
fix. A Pac-lst, 68,1906 106
84
126 120
SS
Maine Central
Consol., 68, 1905
30*4 301s Union A TltnsT.— Ist, 7s.
87
Mar(i. Hought'nAOnton.
87
Prelerre(r.
United N. J.—Cons.68,'94
I',!.S
IliO
Northern
Norwich A Worcester
OldCoIony
Ogdensb. A L. Champlain
Portland Saco A Forism.
80
60
113
137
130
340
230
1
Gaa and City Railroad Stocks and Bonds.
[Om
1
Qaotations by Oeo. H. Pbkntiss
SAB C0MPANIB8.
Far.
Brooklyn Oas.Light
25
Oltlsens' Ga8-L.(Bklyn)
Bonds
30
1,000
ConsoUilateil Gas
JTeraey City A Hoboken.
Metropolitan— Bonds
...
Mutual CN. Y.)
Bonds
100
20
1,000
100
,
iraasan (Bklyn.)
Borlp
?eoi(1e'8 (Bklyn.)
1,000
25
Var's
10
Bonds
Bonds
1,000
Var's
SO
Williamsburg
Bonds
1,000
Metropolitan (Bklyn.)..
Municipal— Bonds
100
1,000
Vnlton Municipal
100
BoliuS
Sanltable
"ibo
Bonds
1,000
[(^notations
<fc
Amount.
Wall Street]
Co., Brokers, 49
Date.
Period
2,000,000 Var's
1.200,000' Var's
260.000 A.&O.
35,430,000
756,000; Qnar.
700,000, F.AA..
3,500,000 Quar.
1,500,000 M.dtN.
1.000,000, V^r's
700,000, M..6N.
1,000,000' Quar.
5
May
3
6
Jan. 1
5,
Bid. Ask.
86
H«
'851
3>s'Deo.l5,'
Ills 122
72
102
•.»2
2"»iFeb. 1,' 86:165
1114
1902
3
8 Hi Apr. 10,'•86 125
1902
103
3
Apr.
115
2Hl Nov. 1.' 85(101
lljlMihlS,'•86l 75
400,000 M.A.N'. SHilNov. 1 85 102
100,000 A. J£ O. 3 Oct. 1. 85 100
1,000,000 Qnar. 3
Jan.20, '86
1,000,000 A.<&0. 3
112
19()0
i,ooo,oooi
Jan. 1,' 86 95
3
750,000 M.&N
1888
105
3,000,000
3 lApr.lO,' 86;..
300,000 J.* J. 6
1900
106
2,000.000
2 Hi' Apr. 1. '86'
1,000,000 f.'a'a. 6
1899
IllO
a
1,'
'86!
1180
|U5
f'7
IllO
1160
.
109
142
113
Brdway & 7th Av.— Sfk.
1st mort
3(1 mort.
B'way snrfiice bds.guar.
Bonds gu:ir
Brooklyn City — stock
Ist niort
Bklyn. Cro»,itowu— Stock
let mort. bond.s..
Bttshw'kAv.(likln)— Sfk
Central Croastown— stk.
Ist'norT
Oent.Pk.X.it K.Riv.-Stk
Consol. 'iiort. bonds
ObrlKt'ph mtioth at— Stk
Bonds
Drybk.E.B.A Baty—stk
Ist luort., consul
Scrip
Bghth A v.-Stock
Scrip
tad
A (ir'crt .st.P'ry— Stk
Ist mort
42d St. Matih.& St.N.Ave
iKt mort
Sd mort., liioime
Boust. W.St.JlP.F'y.-Stli
Isi moit
Ninth Ave
Secouu Av.—Stock
1st mort
Consol
eixth Av.—'^tock
Ist
luuri,
Third Av.—.'-t'ck
Bon.li'
Twenty
third St.— Stock.
Ist mort
Jan., 1886 23
July, lilOO 114
Jan., 1886
Juue.1901 102
1914
100
1924
1905
A J.
l.OOCOOOJ. A J.
2,000,000l<i.— P.
800.000 J. A J.
200.000 A.AO.
400,000 J. A J.
1,300,0(10 J.
500,000 Q.— K.
600.000 y.— J.
250.001)1 M. AN.
191)
110
ItO
112
130
1B5
rjo
135
Ape,
1,SS6 ItiO
A
250,000
1,200,000
900.000
Q.—F.
A.AO.
Q.— F.
'
A
D.
1,200,000 F.A A.
1.000,000 tl.-J.
i.ooo.itoo
A.
J.
FA
748.000 Q.-F.
236.000 A.AO.
1
IHl'May, 18.86 130
Oci..
1898 110
.May, 1886
June,
....
112
Feb.. 1914 lOS
Apr.,I8;-6 200
l-ob..l9Uil07
May, 1886 240
\prll. ',3 112
'9.)
2,5()0.0<iO
S.'i
1.200,000 m'.a's.
),600.000 J. A J.
250.0001
F.
SO0,000;j. A J.
800.(100
Oct.
J
1,862,000 J.
a—
A
400,000
1.060,000
1,600,000
M.AN.
M.AN.
4 A.
A J.
600,000
3,000,000 (J.-F.
2,000.000 J. A J.
1910
109
1915
SO
Feb.. 1886 150
1894
1113
130
I
125
135
116
180
115
107
•225
110
,i30
117
39
110
60
165
116
360,000,
123
65
{
S
I
Preferred
.s5
Summit Branch
7>»
I
Worcester Nash'aA Hoch
l'24Hl
180
165 Hi
Con'y.
SHl
37
8
|'.23
Wiacon.sin Central
Preferred
I6=*8
18
522
UO
2d preferred
Delaware A Bound Brook
Bast Pennsylvania
Elralra
A W llUanisport.
Preferred
Huntlng'l'ir
Prefer! ed
112
1896
,
CANAL BONDS.
Ches. A DeL— Ist, 68,1886
Lehigh Nav.-6e,reg.,'84.
Mort. RR., reg., 1897..
Lehigh Valley
S.)
J...
i
9
&S>4
65',
Preferred
A Sch. Haven..
Nesqnehoulng Valley....
Norfolk A West'n— Com.
63
66
Prefen-od
Northern Central
75
75
51'
North Peniisylvuuia.....
Pennsylvania
la.
.Newtown
A
57
Unlit d N. J.Compaiuen..
CANAL STOCKS.
•90 111
113
May, '86 230
2.'.0
....
114
6
62 >i
63
10
A Aug.— Ist..
2d
CHn. Wash. A Bait.— lau.
101
1U5
108
lot
lO>i
ColnmblaA oreonv.- Ibu iV8>,
110i»'10
snows last dividend on
ato. ks,
but date o< maturity of bond:
•JCx.dlTld«nd.
IPsrahara.
«.
{
I0>
61
SI
iVi"*
oe^ 97 >•
m
lus^
134^
lie
118
itn"
133
.
ins
lOi
ISI
110
(Uril.
7»
1VS>1
1I0>|
A Tenn.— Ss ....
J AJ
W. «d.'.^"»," liu
^d, rref., J. A J
3<1, Miar. by W.Co.,J .*J
es, Sd, guar., J. A J
vfllin.C. A A-Jg.—6s
A weiaou—A«.
tlndetaolt,
lUB
108
..
130
I
* Tkls cola Bin
1!%
J.A J.... lais
«.*.
'
57-
i'ls'
I'lrglnia
<GH
S
64
10s >i
30
ads
No. Central— 4 His, J . A J
68,1900, A.AO
03
IM
lass
Canton endonMW
RAILROAD BONDS.
'8
Inc. 7s. end.. <x>up.. f
Bait. .» OK. Side— CeiH
1S3>|
80
. .
Ss, Series B
Plttsb.ACon'olls.-78JAJ
Jnlon KR.-lst,guaJA.'
i'ii)
i
AUegh. Vnl.-7 3.10s,
7»,E. ext..l910
'861...
Ian.,
SO
RAILROAD BONDS.
AtlanU A Charl.— iBt.
Ino
laltiinore A Ohio—4s....
69, gold. 1900,
6s, Series A
{65
West Jersey
West Jersey A Atl tutlc.
101%
102
Ist Inc., 58, 1931
S3
23
126
"lOHi
Lehigh Navigation
Keb.,
60
60
Sds
Schuylkill Nav., pret...
'86 200
'90 110
Ohio-Com
Chart. Col.
N.Y..
A Reading
WUm. A Bait
210
115
310
eb.,
July,
3d pref.
Parkersburg Br
Central
Pref
2ils
|{!iO
PhilailelphlaA Krie
PI. la. Oer. A Norrlstown 120
Phila.
Phila.
131
Cen. Ohio.— 68, lst,U.A».
Mlnehlll
lU
117S
Atlanta A Charlotte.
Ohio
100 162
Baltimore
123
1st pref.
Western Maryland
146
46
63
{
101
113
A
1-9
Little Schuylkill
Ph
....
«
RAILR'U STOCKS.IPar
as
108
'93 112
68, P. B.,
Gen.,78, coup.. 1901....
BAI.TI.tlORK.
2Hi
4
540
68 Hi
104 >t
W.JerseyAAtl.— lst,68,C.
Western Penn.—68, coup. iia'
Sishuylk. Nav.— l.st,66,rg.
adTBs, reg., 1907
A Broad Top
luio
106
May, '88 106
May,
Cons. 68,gold. 1901....
Cons. 68, gold, 1908....
Gen.,4s, lOld, 1923.... 104
Warren A F.-lst, 7s '06 103
West Chester —Cons. 78. 113
W.Jersev— l8t,6s.cp.,'96 117
125
l8t, 78,'1899
116
Cons. 6s, 1909
Pennsylv.—68, en., 1910.
PUlIiADELPHIA.
RAILROAD STOCKS, t
Buffalo N.Y. A Phil
Preferred
Camden A Atlantic
'.iai>i
K.
M.AN.
A
1^.'4
Rutland
Jan., 1886;
J.
600,000 Q.—V.
F.-ills
7
3i'(
126»a 127
Preferred
Catawi.saa- Ist preferred
I8U
Nov.. 1922 114
1,H00,000( a.— J. llslApr.,!*-*!,
Doc, 1902 120
1,200,00(IJ.
D. 7
630.00(1;
32
118
190
Jan., 1802 lOB
Apr., 1886 160
Jan., 1888 105
.May, l.S.HO 140
ilfty, ISSii
34»4
Cons., 78, reg., 1911
I
900,000 J. A J
700,000 J. A J.
2,100,000 Q.—J.
1,500,000 J. AD.
600,000 J. A J.
Ports. Ot.
.
by H. L. Gbant, Broker, 145 Broadway.]
Bl'cker St.* Fult.F.—Stk
1st mort
e»(
A New England...
Preferred
SV
i
I
LMt pitM tkU «•
.
Ii
—
1
THE CHRONICLE.
572
New York
RAILROAD EARNINGS.
Latest Earnings Reported.
Bo ASS.
Week or Mo
1886.
Jan. 1
1885.
to
Latest Bate.
1886.
[Vol, ZLII.
City Banks.— The following statement shows the
Banks of New York City for the
condition of the Associated
week ending Maj^ 1, 1886:
1885.
Average
Atcli.
T. &
March
8. F..
1,309,352 1,346,135
& Potomac' Marcli
Boat. H. T. & W.Marcli ...
Bnff.N.Y.& Fliil. 3d wk Apr.
106,507
47,Gi3
40.300
122,839
41,137
44,100
30,921
25,-l80|
Bnff.Eocli.&Pitt ItliwkApr
54,398
48,12»
Bui.Ccd.R.iNo. 3dw]iApi-.i
194,000
Paeiflc itliwkAprl 252,000
Canadian
21,068
24,093
Central Iowa. .. 4tliwkApr|
Central Pacific. Febiuary.. 1,193,145 917,168
273,241 218,094
Clie8ap.& Ohio. February..
48,682
63,631
Ellz.Lex.&B.S. February..
113,630 112,186
Ches. O. & 8. W. Februaiy.
Alton Ithwk Apr 127,373 130,942
CMcaKO&
Chic. Burl. & Q. February.. 1,830,275 1,601,915
"
25,903
Chic. & East. m. 4th wk Apr
35,070l
Chle.Mll.&St.P.j4thwkApr 534,000, 585,253
520.000| 490,0001
Chic. & Northw. 4th wk Apr
147,300 155,700
Ch.St.P.SIin.ifcO. :4th wk Apr
Bait.
.
I
.
:
'
& W. Mich.' 4th wk Apr
31,507!
62,578i
Chlo.
Cin.Ind.St.I,.&C. ithwkApr
Cln. N. O. &T.P. SdwkApr.
Ala. Gt. South. 3d wk Apr.
N. Orl. & N. E. 3d wk Apr.
51,785
22,685
13,163|
Vloksb. & Mer. 3d wk Apr.
Vicks. Sh. & P. 3d wk Apr.
8,293
5,320
32,102
l
Cin.Wash.&Ball 3dwkApr.|
9,G87;
Clev.Akron4fcCol 3d wk Apr.
28,709;
Cler. & Canton. March
January ... 285,733
Clev.Col.C.&Ind,
..
198,5961
Col. Hock.V.&T.'March.
;
.
Danbury & Nor. March
16,960!
Day. & Ironton. February..
Denv. AEloGr 4thwkApi|
Denv.&R. G.W.March.
20,376
153,801
83,472t
5,630,
...;
& Ft.D. 3d wk Apr.
Det.Lans'gA No. 4th wk Apr
E.Tcnn.Va.&Ga.! March
Evansv. & T. H. 4th wk Apr
Flint & P. Marq. 4th wk Apr
Ft. Worth & Den. March
34,222
344,023
13,526
Grand Trunk
Gr. B.W.& St.
1
306,598
Qulf Col. AS. Fe.l April
February..
Hous. & Tex.
IU.Cent.(m.&So) 4thwkApr
Cedar F.&Mln. 4th wk Apr
Dub.&SlouxC. 4th wk Apr
157,000
185,839
Dee. Mo.
.
.
Wk May
.
P.
61,247!
23,799,
March
!
35,404,
C
167,-'00
2,200!
1
4th wk Apr
4rh wk Aiir
.
Kan.
Kan.
C. Sp.
C. 01.
March
....
3d wk Apr.
3d wk Apr,
3d wk Apr.
& M.
& Sp.
Ii.Rk.&Ft.8mlth February..
XiOne Island
Ija.
&
!4th
wk Apr
Mo. River. January
..
Loius.ET.&St.L. ,3d wk Apr.
Louis r. & Nashv. 4th wk Apr
Louisv.N.O. ifeT.IFebruar}-..
Maine Central. !February..
;
O. 3d wk Apr.
Charies. March
Mar.Hough.A
Mem. &
55,599
41,116
16,683
12,103
6,968
4,506
28,549!
9,115
24,400
287,001
214,329
16,443
•Mexican Cent'l. 4th wk Apr
*Mex.N.,all lines M.'iroli
Mil.L.Sh.& West.: 4th wk Apr
Milwaukee <fc No 4th wk Apr
Mlnn'ap. &St.L. February..
Minnesota I'B No. M.ireU
Mobile & Ohio .. April
Nash. Ch. &St.L. M.arch. ...
H. Y. City & No. Apr. 21-30
N.Y.L.Erie &W. March
N. Y. Pa. &0. March
H.Y. & New Eng. March ....
H. Y. Ont. & W. 4th wk Apr
]
380,006
775,374
2,415,581
388,861
1,998,954
534,410
122,909
230,896
2,284,283
3,216,996
540,189
6,807,000
6,734,232
1,725,113
417,135
824,070
772,699
344,226
198,228
157,406
140,290
576,935
138,635!
71,169!
285,733
525,921
45,608
41,628
1,812,016
211,062
98,732
358,276
134,902
69,335
7,299
38,417
324,401 1,009,441
11,986
219,557
54,256
709,797
32,276
74,215
274,506 4,901,516
25,351
85,136
593,363
144,937
410,865
172,484 3,155,702
1,697
44,726
14,367
270,804
180,240
11,340
27,404
495,859
199,888 3,651,561
39,582
753,378
25,744
98,859
41,290
724,206
413,333
30,097
61,144
91,632
44,985
701,844
41,540
45,163
35,740
13,530
230,646
342,405 4,166,792
98,617
298,958
374,176
185,725
4,780
95,385
109,252
336,569
37,188 1,243,545
137,589
396,589
31,188
497,073
13,855
195,140
194,387
113,162
13.700
9,800
25,700
193,500
44,539
30,862
44,718
28,224
4,037
47,711
46,289
35,740
16,026
326,085
139,210
187,049
5,182
115,171
86,700
151,579
51,750
14,610
120,692
31,223
128,246 128',428
187,350 186,737
14,993
11,657
1,464,950 1,269,249
482,751! 440,10r
320,832 263,934
t3 1,034'
44,037
M9.179
91,0981
248,257 198,468!
460,147 483,360,
987,922i 877,605
305,759 341,591
15,596
38,946
186,384! 210,850
403,400; 323,030
104,330
89,600
3,901,855 3,635,374
la. Falls & 8.C. ,4jh wk Apr
Tot. Iowa llues 4th wk Apr
Total aU Unes
Ind. Bloom, tfe W.
Ind. Dec. & .Spr.
K.C.Ft.S.&Gulf.
36,606.
3,228,962
301,404
128,297
678,678
315,152
96,202
620,811
360,154
870,773
2,005,378
391,788
2,013,703
511,004
104.323
227,704
2,456,645
3,594,390
499,078
6,871,228
6,740,854
1,562,211
372,786
778,173
744,358
354,712
236,439
135,288
103,747
562,888
132,349
66,672
287,001
544,267
44,092
r.™i
\yet Depotitt
Tender*.
than a. S.
Circulation.
f
15,000
New York
Manliattan Co
Merchants'
Mechanlos'
America
Phenix
CJity
Tradesmen's
Fulton
Chemical
Merchants' Eich.
Gallatin National..
Batchers' & Drov..
Mechanics*
Tr..
Greenwich
&
Leather Mannl'rs.
Seventh Ward..
State ol N. Y
Amerio'n Exch'ge.
Commerce
Broadway
Mercantile
Pacific
Republic
Chatham
Peoples'
North America
...
Hanover
Irving
Citizens'
Nassau
1,741,771
195,588
106,404
346,358
1,064,180
212,399
600.342
79,514
4,637,158
Amount of—
Bonki.
3,526,581
.
Market...,
Nicholas
Shoe & Leather..
St.
Com Exchange
...
Continental
Oriental
Emporters'A Trad.
Park
North River
East River
Fanrth National..
356,775
293,646
3,549,239
37,182
263,512
186,462
487,157
4,036,396
733,051
85,632
797,815
554,820
Central National..
Second National..
Ninth National...
97,951
666,913
45.163
193,892
4,694,272
197,914
368,910
76,515
351,765
1,270,247
400,787
358,729
179.008
235,724
Garfield
Fifth National....
B'k oi the Metrop..
West Side
First National
Third National...
N. Y. Nai. Kioh..
Bowery
N. Y. Connty
German..\raeric'n.
Chase National...
Fitth Avenue
German Exoh'nge.
Oermanla
United States
Lincoln
Seaboard
Sixth National
7,883,900
Total
The following are
totals for several
Specie.
L. Tenders.
Apr.17 350,567,700 76,682,100 32,229,000
" 24 351,542,8(10 74.742,300 32,380,700
weeks
Deposits.
past:
drculatian Agg. Ciear'gs
t
$
7,892,900 593.027,447
7,911.400 514,550,841
7,888,900 507,434,668
685,559 M'y 1 351,298.400!72,9T6,600 32,249,700
546,642
Boston Banks.— Following are the totals of the Boston banks
121,920
3,459,463
Deposits.* Circulation Agg. Clear*gs
Specie.
1886.
1,170,775
720,451
C
$
(353,028
492,682
83,130,031
.71 150,282,100 10,411,500 2,365,600 110,362,800 13,692,100
245,211
H.Y.Susq.&WestMarch
230,268 Apr.l 149,133,3001 10.535,000 2,988.400 109,369,100 18,515,700 67,893,183
24
966,260
Korfolk Ss West. April
844,420 M'y 11149,641.700! 10. 273,300 3,153,300 110,405,800 18,393,100 71,840,546
1,291,231 1,276,625
Northern Cent'l March
2,920,608 2,692,823
Northern Paeiflc! April
Philadelphia Banks.—The totals of the Philadelphia banks
854,369
March
Ohio & Miss
909,770
are as follows:
127,715
Ohio Southern.. March
104,246
379,406
Oregon Imp. Co. February..
443,974
\Lawful Money. Deposits.* Circulation. Aig. Clear'gi
I,oan<.
1886.
1,325,773 1,102,513
Oieg. E. & S. Co.: Apnl
S
217,580
Oregon Short L. February..
191,018
85,873,900 6,203,500 54,4t»7,914
24,496,600
86,227,100
10,872;866 9,988,596 Apr. 17
PennsylTauia. March
5,994,600 47,481,267
84,340.800
24,097,400
85,141,600
84
11,425|
9,303]
203,957
Peoria Dec. ifcEv.iSd wk Apr
206,279
24,022,ii00
84,409.500 6,027,500 53,170,984
85,360,300
May 1
290,610 260,460l
742,496
Phila.A Erie.... March
690,677
* Inolnding the item *'due to other banks."
Fhila. ife Reading JIaroh
2,296,118 l,919,502i 6,300,944 5,560,513
1,081,376 1,054,469 2,722,512 2,868,880
Do C. & Iron March
Unlisted Securities.— Following are latest quotations for a
392,514! 360,562 1,017,554
Bichm'd &Dauv. March
996,105
232,439
84,019
75,578
Ch. Col. & .Vug. .March.
237,165 week past:
78,527'
69,026
212,258
Coluinbia& Or. March
211,680
Bid. Ask.
Securities.
Securlti««.
57,024
GeorffiaPac.jMarch.
64,195!
188,790!
167,022
305,613
Va. Midland.. [March.
113,981 113,698
317,607 Atla. lit Char. Air L., stock
North Riv. Cons.— 100 p.c
98
122,103
West. No. Car. March.
45,606|
38,586
New Jersey & N. Y., 1st.. 95
105,467
126
l9t mort., gen. bonds... 124
N. J. Southern— Incomes.
123,287
Rome Wat. &0c. March
152,82
395,088
330,692
* 93
Incomes
30
.N. Y. ct Green'd Lake, 1st
""
16,564
23 4851
368,510
365,600 .\Kua.Nav.& Imp.Co..bds 921a
Bt. Jo. & Gd^Isl. 4th wk Apr
8
2d mort
18',592
Bt.L.Alton&T.H.Sd wk Apr.j
20,555
310,610
375,800 Boat. H. T.& west.— Stk.
7V 8>a
Peusaoola & Atlantic
"i\
Phila
11,750
13,220
100,065
Do Branches. 3d wk Apr.
238,382 Bnff. N. Y. &
15
ipitcsburg & Western
6>2
Pref
Bt.L.&San.Fran. 4thwkApr 112.326! 110,718 1,302,870 1,361,434
75
latmort
82
Trust bonds, 69
8t.PauUfeUuluth ItUwkApr
310,0531
261.942
18,983i
28,233i
31 "a Rich. York Riv. & Clies.. 97
Elev'd- Stock..
is"
Bt.P.Min..'..- Man. April
611.700| 712,408 2,033,959! 2,145,761 Brooklyn
St. Jo. & Grand Isl.. stock
Ist mort
58,7291
153,869
Beloto Valley.. 'March
s. I. Rap. Transit, Ist mort lio"
70
2d mort
214,429
Texas iS St. Louis— Subs. 130
South CaroUna Februaiy
120,054] 121,494
241,106 California Pacific
eh
4'4
S
Tex.& 8t.L.M.fcADtv
Bo.Pac.Comp'y100
1st mort
62
Sia
M. A A. Div., 1st mart..
I't
Gal.Har.&S.A February.. 203,819 237,064
403,166
448,161 Chicago & Can. So
SHj'.
Incomes
--18
22
10,404
G.W.Tex &Pac February..
3,755
l8t mort
"so"
Ist mort., m Texas
Louis'a West. February..
45,081
51,893
96,402
91,721 Clilo. iS Grand Trunk, iBt 95
10
G'"n.lst,ld,ffr.<feinc.a9.i>
92717,704
19'ia
Morgan's L&T February.. 334,475 286,505
632,058 oh.&G.Tr.-.N.W.O.Tr.lat
del. when issued.
Stock
iO
commercial Tel, Co..
10,060
21,790
N.Y. Tex. & M. February..
Ist M., del. when issued. 93 <« 91=4
21 ">a 24
Cons. Imp. Co.
79".95-^
44
69,362
152,065
Tex. & N. orl. February..
i45",030 Cout. & Rio Gr.W...
2d M., del. when issued, 43
15
12
655,507 1,401,530 1,317.870 Denv. Electric Light
Tot. At.Sys tern February..] 666,552
Tol. <fc O. Cen. com. stock. 18
110 140
Edison
3d
Pref
Tot. Pac. Sys. Februaiy. 1,789,645 1,456,140 3,063,087 3,13.),242
12
7
Georgia Pac— Stock
50
Utah Central
2,450,197 2,111,647 4,461,617; 4,457,112
111
February..
Tot. of all
Istr mort., 68
85
1st mort
47
45
16,618!
15,880
390,071;
Tex. & St. Louis 3d wk Apr.
236,130
2d mort
3
Viik»b.& Meridian...
Henderson Bridge— Stock 75
21,694!
17,129
Tol. A. A. & N. MlFetruary..
10
Pref
4>a
Keely Motor
Union Pacific. March
1,954,208!1,975,517 5,0'i7,378 5,214,416
93
Ist moit
3
Wab. St. L. <feP. 4th wk Apr 335,826; 255,381 3,919,985 3,861,077 Mexican National
48 Hi 53
2d mort
e
Pref
91,046'
82,404
223,566
IWest Jersey... March
12
209,469
Incomes
2219
1st mort
28,655i
20
28,627
399,829
419,48'<
. 'wlBConaln Cent'l 3d wk Apr.
Ticks. Shreve.A Pac, inc.
M K. AT.— Income scrip .. 67
17
15
iWisconsin Central..,
M. Va. Tel.— Stock.
X Y.
* Mexican currency.
26
Pref
Stock.
n'. Y. W. Sh. & B
t Earnings of West Shore trains south of ComwaU no longer included.
<>9
2dmort
Pac— Div. bonds.. 90
.
,
-
.
.
.
587,308
557,521
159,753
3,966,537
1,337,902
860,021
,
•
I
!
i
,
|
.
I
:
. .
. .
i
1
!
nh
|
1
!
.
,
,
.
,
.
t And brauohea.
North.
'
-
:
.
Mat
8,
THE CHRONICLE.
1886.]
%nviestmtnt
.
673
being an increase In the total tonnage of M.QOO ton* tb*
;
nt«
per ton per mile decreased from O-flM to OOM, or O-OW
of one
cent per ton, which apparently Terr •mall reduction
reialted in a loeaof revenae amounting to ortr
$1,050,000.
The decrease in passenger earnings of $8W,000 (08-73 per omit)
is due in part to the reduction in the
rate per pMssmnr osr
mile, yiz.
from 3- 101 to a-088, a diffownce (JHi-mTiadMttir
to a decrease of 341,000 In the total number of passmgm
moved. The mail, express and misoelUneous earnings each
show a fair increase, agKregating $05,000. The openUinc
expenses were $8,014,608, a reduction from the prerkxw
year of $944,500, or 10-58 per cent.
Operations, earnings, &c., for four yean ware as follows
bM
The In VKSTOBS' Supplement containt a complete exhibit of
the Fiinihd Debt of States and Cities and of the Stocks and
Bonds of Railroads and other Companies. It is published
on the la.it Saturday of every other month viz., February,
April. June, Aujjust, October and December, and is fur-
—
nished without extra charge to all regular subscribers of the
CuuoNiCLE. Extra copies are sold to subscribers of the
CnRONicLE at 50 cents each, arid to others than subsoribert
at |1
per copy.
:
OPEBjITIOSS AHD
1892.
ANNUAL REPORTS.
Lake Shore k MIcbigau Hontliern.
(For the year ending Dec. 31, 1885.)
The annual report is almost entirely statistical. The construction account remains unchanged, all betterments havmg
been charged to current expenses. The funded debt was
decreased |2r)0,000 in 1885 by the usual contribution to the
sinking fund, but the company sold new bonds to take up old
bonds maturing, and on such sales realized a premium of
$1,370,711, which sum, together with the year's surplus earnings of 1978,512, make a total surplus of $3,349,22-1, disposed of
as follows: Sinking fund !?350,000
real estate Chicago,
1191,971; applied to floating debt (pay rolls, vouchers, &c.) due
Dec. 81, 1884, |1,370,711 total as above, $3,349,324.
The
freight traffic increased 13'61 per cent in tonnage mileage,
but by reason of lower rates the freight earnings decreased
$827,398. The passenger earnings decreased $494,354 operating expenses increased $154,015, on account of the heavier
tonnage. In some of the abstracts of the Lake Shore rejwrt
published in the newspapers, the premium on bonds sold is
mcluded in the income account as if it were part of the year's
income. This is hardly a desirable method and in the income
account below the premium on bonds is omitted.
Operations, earnings, &c., for four years were as follows
;
;
:
OI'ERATIONS AND PISCAI, RESULTS.
1882.
1883.
1884.
1,340
1,340
1,340
1885.
Miles operated.
1,340
Operatiotis—
Pass'gers carried ..
4,118,832
3,909,356
3,629.196
3.479.274
Pass 'gel- iiiilcago
227.098.95S 215,715,155 190,503,852 17G,830,30S
Rate p. |)as8. 11. mile
2157 ets. 2-196 cts.
2-170 ots.
2-058 cts.
Fr'ght (tous) moved.
9,195,538
8,478.605
7.365,688
8,023,093
Fr-ght (fus) mileage '1,892,868 * 1,689,512 * 1,410,545 •1,602,567
Av. rate p. ton p, m.
0-628 cts.
0-728 ots.
0-652 cts.
0553 cts.
Eaniinga—
$
Freight
Mail, e.\p.,reuts, &0.
4,897,185
12,022,577
1,305,877
Total gross earnings 18,225.639
Opera tmg Expenses$
Maint'i'O of way, Ac.
2,323,789
Maint. of I'ljiiipmcnt.
1,552,805
Triinsport'uexp'nses
5,968,350
Taxes
MisceUaueons
S
4,736,088
12,480,091
1,297,474
$
Total
Net earnings
P.c.of op.ex.toear'gs
3,639,375
9,031,417
1,462,713
14,843,584
Barningt—
9
Passenger
Freight
Mall, express,
1,614,777
1,347,379
5,277,414
518,663
9,287,537
4,845,968
65-71
6,592,742
530.236
792,476
1,532,252
1,111,329
5,380,166
521,543
588,231
11,057,807
7,167,832
60-67
11,001,353
7,511,803
59-43
9,133,521
5,710,063
61-53
52s),-269
* Three ciphers oiultte<l,
Includes damage and loss of freight and baggage, personal
law expenses, rents payable and hire of cars.
ISCOJtE ACCOUNT.
t
1882.
Jteceipts—
1883.
1884,
Injuries,
1885.
$
§
$
$
7,511,803
158,540
5,710,063
4,845,968
Interest, <Uvid-3,&o.
7,167,832
98,392
Total income
7,266,224
7,670,343
5,710,063
4,345,968
357,087
2,714,955
53,350
471,876
3,132,120
53,350
440,450
3,220.870
53,350
439,168
3,374,933
53,350
3,125,392
4,140,832
3,957,320
3,657,346
4,012,997
3,957,320
3,720,670
1,989.393
2,473.325
4,117,456
728,512
(8)
(5)
Neteamings
—
Di^tji'rsements
Kiiii:,;- iiaid
lH!.r.-; nil debt
Divldi'iKlR,
guar
Sinking fund
Total (llsbursem'ts
Surplus for div'd
Divirtends
Rate of dividends...
Balance
250.000
(8)
sur.183,512
sur 55,677 def. 483,032 sur. 728,512
Michigan Central.
(For the year ending Deo. 31, 1885.)
During the year 1885 the following changes occurred in
the fimded debt: The first mortgage bonds of the Jackson,
Lansing & Saginaw Railroad Company, guaranteed by this
company, aggregating |1,-.3T7,000, and which became due July
1, 1885, were paid at maturity from the proceeds of the land
salfs of the Jackson Lansing & Siginaw Company, thus
reducing the annual interest payments of this company
¥102,160. The total amount of the funded debt of this company proper remains unchanged, agijregating flj.970,000.
The expenditures for construction account have been $189,934,
This includes :gl75,000 for the Saginaw Bay & Northwestern
Railroad, 6-.2'89 miles in length, and running'through exiensive
lumber regions. It is a valuable feeder to the main line, which
has already derived from the traffic it has brought an amount
exceeding its cost. There was also expended for construction
account on the Canada Southern system |26,357.
"The
cent)
is
decrease in freight earnings of |715,00O (09-38 per
wholly attributable to the reduction in ratts, there
1884.
4.007,518
9,472,366
520,353
7,620.887
8,913,081
14,009.767
11,680,077
«
3,4M.S60
573.030
S
,
1,758,084
1,170,105
3,121,704
222,853
2,297,410
1,378,178
5,029,041
3J8,980
780,007
2.010,962
1,0»9,887
4.415.230
203,374
1.160,170
6,671,726
2,211,355
74-85
Taxes
Miscellaneous
»
3,146,309
5,420,455
340,317
^...
Total gross eam'gs
Opero tinii expenses If ouit'oe of wav, <feo.
Malnt. of eiiiUpm't.
Transport'n exp'ns.
0,741,638
4,268,120
60-53
8,059,133
2,609,945
76-84
t
Tot. oper. expens.
Net earnings
P. c.op.exp. to eam'g s
255,79.J
1888.
1,019
3.340.2^
i:."-
^7) >"">
-1,-
;
0-6600.
«
3.162,343
6.906,207
638,849
10,707,3M
«
1.541.009
1.100.830
4.570,033
260.321
523,903
8,014,603
2.«92,7ei
74-89
Three ciphers omitted.
t Inolades legal exiwnaes, rentals, loss and damage of freight,
inl urles
to persons, oar mileage, oomuii^long, and several small Itema.
*
DJCOME ACCOUNT.
1882.
1883.
1884.
1385.
Xet earnings
Int. and dividends
2,241.355
127,051
4,268,129
67,701
2,699,945
79,858
2,692,701
Total income.... ..
DisbiirsemeHls—
Rentals paid
Interest on debt
Can. So. (I3 of net)..
Total
2,369,306
4.335,830
2,779,803
2,765,007
184,310
184,310
2,240,106
611,571
184,310
2,464,202
20,443
184,810
2,482.443
8,679
3,014,987
1,290.843
1,124,292
2,659,050
120,753
2,675,432
89,579
8ur.l93,171 sar.166,551 8ur.l20,753
80,576
Receipts
1,617 ,Ot:l
1,801,371
567,935
Surplus for div'ds...
Divldeuds
Kate of dividends..
BalaQce
*
374,764
(2)
New
Yorli
72,219
(6)
The balance to credit of income account Dec.
14,133,505
2,095,492
503.852
709,011
f
$
4,133,729
9,353,817
1,351,038
18,513,656
990,907
1883.
1,408
l.&Oi
Operationt—
Paaaeagfra cnrrled.
2,368,842
2,009,233
2,681,072
Paaaenger mllcAgo. 142,237,061 180,740.226 10«,008,e«IO
Rate V pass. '^ mile
2-21 ct8.
2-21 cts.
2101 ct*
Fr'ght (tons) moved.
3,913,869
5,197.278
8,141,S97
Pr'ght (tons) mJl'go. 703,241.320 •1,141.282 •1,170,103
Av. rote f) ton $ m.
0-772o.
0-830C.
0-6460.
:
Piisfifiiger
ruCXL RESULTS.
HU«s operated
Susquehanna
&
31, 1385,
was $916,808
Western.
(For the year ending Dec. 31, 1885.)
The Chbonicxe has obtained advance sheets of the annual
report for 1885. President Potts remarks that " the operations
for the year just closed show a marked improvement over the
results obtained for the preceding year.
In view of the great
depression existing throughout the year in the coal trade and
the low rates received for coal transportation made consequent
thereby, and by reason of the rather slow improvement in the
volume of the general freight and miscellaneous business of
the company, it is felt .that the results realized are both gratio
fying and encouraging.
"From June 12, 1885, the company lost the revenue derived
from the use of that portion of its road between West End
and Little Ferry Junction by the New York Ontario & Western and New York West Shore & Buffalo Railway companies.
Notwitlistanding the loss of this revenue, coupled with the
other causes tending to affect its earning capacity, an increase
Had the
is shown in net earnings for the year of $53,31 1.
rates received for coal transportation during the year been
current during the preceding year, the earnthe same as those
ings of the company by reason of the increased coal tonaago
would have been materially larger than those obtained.
' The coal tonnage for the past year was the largest in the
history of the company, being 603,072 tons, an increase of
133,735 over the preceding year. The aggregate output of the
anthracite co:il companies was for the vear 81,63J,5u'9 tons, of
Western supwhich amount the New York Susquehanna
plied from collieries under its control 608,072 tons, or 1-93 per
cent of the whole output. The collieries under the control of
the company as no»v developed have a prmlucing capacity of
With additiuiial improve1,000,000 tons of coal per annum.
ments and further development of the properties, the output
can be increased to 1,500,000 tons p?r annum."
$831,180
Car trusts outstanding Dec. 31.1835
100,548
Created since bat not chargeable in that year
&
$331,068
Total
The amount of car trust obligations to be liquidated during
$i55.919
the coming year l-^SOlComparative statistics for three years, compiled for the
Chronicle, are as follows
EAKNINCS ASD F.XPES8E8.
1334
1885,
1883
Earnimjs—
:
Passenger
Freight
Mall, express.
$230,404
739,072
58,732
$334,063
78.931
«1.U38.658
$1,034,208
$1,092,369
*i?2-}2J
736.531
&c
Total gross earaings
8<>7.189
61.093
4
:
>
THE CHRONICLE.
574
1885.
f9:<,235
1883.
Tr»;.8norlati.iu exiiHiires
$10J,2i!9
$10''.2i!9
234,3'52
234,ij'52
2.S0.019
Maintenance of way. &!•
Enuipujeiu and moll\e power
1884.
$13i,4BB
229,170
Opiraling expenses-
220,902
!i20,9oa
54,131
22:*.;«8
$jl7,t>S7
$<517.520
$116,521
$174,835
45,036
Mlscelliiueuus and ta.\e8
$638,591
$400,065
Total
Hot earnings
230,918
70,029
[Vol.
1853.
$1(0,065
—
IHshursem en ts
Interest on lioiir 8
without a corresponding increase
increase in tonnage
revenue.
Eental M. U.
Oar trust
$382,500
& W. G
Railroad
....
$411,000
25.000
83,19
obligations for year
18f5.
$174,835
•$322.''95
{
25.000
192,352
Balance
4,493, <>31
Revenue per mile
4 los.d^Qi.
Tons earned one mile
10.51i.4ii2
Revenue per ton per mile
3 2s"ioooO.
The land sales for the years 1884 and 1885 were as follows:
1985.
1881.
$139,417
$319,192
$:J82,500
.8ur.$17,565 df.$102,671 8ur.$35,388
Total disbursements
Passengers carried one mile
in
1885.
4.616,918
4 »2,o(,oo.
11,849.308
2 <»OioooO.
1881.
18^4
$416,521
I
was forced by competition. The company has operated
one hundred and seventy miles of road.
' From the figures furnished by the Auditor, it appears that
the passenger mileage shows an mcrease, while the receipts
show a slight reductiin, and in freight there was a large
latter
INCOME ACCOUNT.
Net earnings
XLn.
Number of
acres
29,soo
$107,104
$3 60
2S,0'.<4
Airgre^ateof sales
$^9,0^0
Friceperacre
$3 50
Half Interest only paid on New York Susquehanna & Western firsts
and debentures.
of
t Tbe car trusts accrued during the rear amounted to $117,552,
which payment of $25,200 was deferred.
"During the past year 25,683 acres of land, for which land
notes or contracts amounting to $83,353, held by trustees,
were canceled the principal part of wliich was on account
GENEK.iL BALANCE AT CLOSE OK EACH FISCAL YEAR.
1885.
1881.
1883
Assets—
Eailmad, buildings, enuipm't,&c. $25, ;86,717 $26.3-15,208 $26.3^3,494
2,13/, 156
2,508.2a8
2,146,260
Stoclia and bimdsowued, cost....
208,450
159,452
179, SOS
Ciurent accouuts
374,189
402,000
362,834
Bill receiviiiaB and advances
20.835
38.632
40,584
Malirials, fuel, io
28,448
15,838
84,607
Cash on hand
of the non-fulfilment of contracts on the part of purchasers,
and part for land deeded in past years before patents had
been issued for same, in which latter cases other lands have
been issued to this company in its stead. The cancellations of
this year are the largest ever made, and explain the apparent
loss in the amount of land notes in hands of trustees, ^437,075,
as compared with the $503,585 held by them December 31,
1884."
The lands remaining unsold are 638,067 acres. Sixty-one
thousand bonds were bought and canceled by the trustees
during the year.
Earnings and expenses and income for four years were as
*
$28,498,835 $29,491,380 $29,45
Total assets
hiaoiliUes—
Stocll
$21,0(^0,000 $21,000,000 $21,000,000
6,850,000
6,850,000
6,850,000
-
Funded debt.
Funded cnupou
obligations
.
242,275
125.000
228,187
Bills payable
C»tjd trust notes
Curieut aeeiiunts
Car
trust obligations
Land department
Profit
and
Total
40,088
13.305
loss
336.560
150,000
197,917
913,676
3'.»,08S
4,139
93,000
274.030
145,000
213,718
follows
:
EARNINGS AND EXPENSES.
831,1-iO
43,088
7,116
$28,493,855 $;9,491,380 $29,457,572
liabilltits
;
Texas & New Orleans.
(For the year ending Dec. 31, 1885.)
Theannual report, just published, siys: "The advantages of
Passengers
Freight
&c
1883.
163
1884.
le8
$
174.964
323,712
Eaminns trum—
Mall, express,
1883.
1882.
168
Miles of road operated
$
$
194,311
308.3=0
18'',522
18-, 504
315,468
55,0il
3H9.668
56,116
.';89,071
343,489
614,288
38i,378
215,582
225.910
40,457
7i>,770
639,133
301,940
Total earnings
Opeiatingexpoiises
573.491
335,201
238,290
Netearnings
237,193
harmony with the properties
INCOME ACCOrNT.
by the Southern Paciflo Company was referred to in the
1882.
1883.
report for 1884, and on Feb. 10, 1883, a lease of this property
Keetipts—
$
was made to tliat company for a term of 99 years, taking effect Netearnlngi
237.193
233,290
March 1, 1885. Under this lease the Southern Pacific Company I^nd sales
123,271
111,331
27,630
25,416
agrees to keep the leased property in good repair, operate, Interest received
maintain, add to and better the same at its expense, pay all Mlscfllaneous
taxes assessed against or levied thereon, and discharge all lia375,037
390,094
Total receipts
Disbursements—
bilities and obligations of every kind except the obligation to pay
$
175.393
172,5^5
the principal of the bonded indebtedness now outstanding, or Interest on bonds
SI. HO
35,55 I
Interest
which may be hereafter created, and that as to such bonded Other department
62,867
54,648
Land
indebtedness thy lessee will pay off and discharge at maturity Taxes, iusur and general..
12,276
9,860
16, '256
32,033
the interest upon the same, and, furthermore, to pay to lessor Miscellaneous
annually, on the first dav of May of each year, as rental, a sum
307,093
315,380
Total disbursements
equal to 71^ per cent of the lessee's net profits for the year Balance surplus
74,714
67,939
ending Deo. 31 preceding, that may remain from the operation
of all the properties emhrac d in ^aid lease." The earnings and
expenses for the year 1885, compared with the previous years
operating this company's road in
170
.*
least d
1885.
1881.
$
215,582
$
225.910
23,059
21,575
76.791
19,!57
7,513
319,173
270,544
16^,315
43,43 H
45,161
13.271
1,006
163,275
41,160
42,427
15,469
7,953
271,192
270,284
77,S»81
260
GENERAL INVESTMENT NEWS.
are as follows:
EABNINGS, E.'CPENSES AND CHABGES.
1883.
1384.
Xarninijs$169,504
$171,110
From passengers
t23.ft98
freight
936,221
Fr.iui
57,462
77,431
Xrom mail, express, i&o
Total
Operating expanies
Netearninss
Taxes and other expenses
Interest on debt
$1,163,188
574,704
$588,484
$17,830
205,885
1835.
$1-0,661
773,519
63,437
$872,141 $1,017,617
516,621
535,481
$355,520
$18,118
303,100
$4>i2,136
$19,863
302,017
Atchison Topeka & Santa Fe.—The gross and net earnings
March and for three months were as follows
for
:
-—3 mos. Jan. 1
ilarch.—
1886.
1886.
1885.
$3,228,961
$1,309,351 $1,346,134
Grosseamings
1,904,878
732,654
716,658
Operating expenses
.—
.
$577,697
Ket earnings...
$1,321,083
$629,175
Canadian I'aciflc— The gross and net earnings
and for three months were as follows
to ilch.
31.^
1885.
$3,526,579
2,040,672
$1,485,907
for March
:
$22J.715
$321,218
$321,8^0
*31,30l
$361,767
Surplus
$160,256
The results of the year's operations, under the lease, were
ttfl follows
INCOME ACCOUNT 1883.
Reee ijtts
K.i earuingsfor two months
$54,336
Miptellaiifo
IS
7,304
87,380
receipts
Beuiul from Southern Pacific Company (10 mouths)
Total receipts
Disbursements —
$149,070
EARNINGS EXPENSLS, tNTEBEBT, kC.
Taxes and other expenses
Jan. and Feh. pri.p .rtion coupons due in 1S85
Jan. and Feb, State taxes, interest due iu 1885
Transportation exjenses prior to lease
Surplus from the year's current operations
$19,799
4'',IhO
4.8*^5
1 (,.34— 83,389
S65,6sl
Texas lands, the company
acquired, with the purchase of the main line, about 8l8,7b9
acres of Stile fub<ii|y lan<l:J, and with the purchase of the
S.bine Diviion 1,')37 certificatts of 640 acres each— 863,680
acies, Iherj has been a delay in locating these certificates, as
referied to in last year's report, but their location is now
'In addition to the 114,481 acre.? of
piogreseing."
Little
Rock & Fort Smith.
iFor the year endir,g Dec. 31, 1885,)
T/e annual report states that "the result of thi business of
the company the past year shows an increase in gross receipt;.',
though not what had b en hoped lor, owing to a partial
failure in the cotton crop, general depression in commercial
art'uirs, and a reduction in rates of through freight, which
ilarch.
.
1886
$8 i5,764
Gross earnings
Operating expenses 501,560
,
.
Jan. 1
lo
1885.
1>,86.
$488,896
360,369
$1,611,580
1,371,2/8
ilarch 31.—
18-5.
$1,313,237
1,032,858
$290,379
$250,302
$128,527
the stockholders' meeting May
7 the following new board was elected: John Kean, Henry S.
Little, John 8. Kennedy, Henry C. Kelsey, Samuel Sloan,
Netearnings.... $134,204
Central of
New Jersey.— At
George G. Williams, George McKenzie, James A. Roosevelt
A resolution was passed that the Board of
S. Hayes.
directors of Jersey Central are hereby requested to prevent any
furthiT use of its tracks and terminals by the Reading, North
Pennsylvania aud Delaware & Bound Brook companies, or
either of them, unless and until said companies promptly enter
into such contract therefor as will fully secure to this company adequate remuneration for fixed aud sufliciently extended
time for such uses.
Central Pncille.— The statement of earnings and charges of
the Central Pacific Railroad (1,650 miles), for February and
two months were as follows
and R.
:
Gross earnings
Operat'g expen.scs.
-February.1885.
1886.
$91 -,168
1,193,145
Jan. 1 lo Feb. 28.1885.
1886.
.•,013.703
$1,"98,9.U
982,308
913,257
471,829
195.854
Not earnings...
inleiost.
Deduct
taxes, renl'ls and
$721,316
$121,311
Gov't
574,203
1,115.406
147,113
2,202
Dcf. $9.i.709
$144,911
Def. $99,813
U.
8.
Net
Oonstr'n
Surplus
e. b 'd
profit
i
impr't
$1,055,697
7,104
$1,031,395
r Mat
—
:
'
IITHE CHRONICLE.
8, 1886.]
ChoMapeake & Ohio.— Mr. C.
Huntington, the PreBident,
publi3he8 i» notice to the holders of '• B" bondc, in which he
" Tho tabular statement annexed liereto fhows that the
tiHj-8
amount of eariiiuKs applicable to the payment of interest on
the series
B bonds is, as nearly as can be estimated,
ij!!)2,03:i.
This would tulHce for the payment of a little over
•
•
»
" I have
one-fifth of the nnturing interest."
reached the conclusion that I will mvself advance to the company the money which may bo requisite to enable it to pav in
cash onc-ihird of the amount of the coupons maturing May
P.
675
Now Vork & New
lO-iif
land.
-The Kn.w
for the flBcal years l-^l-S.-,*,,.! lHH.'.yq,
a>i'l ii. t ,ir,.uij«
raonth.,areiiii follow.'
by
:
'
J, 188(i."
Memorandum
surplus applicable to the payment of
interest on series " B" bonds, from the operations of the road
Nov.
I,
1885, to
:
:
of
May
EAKN-INCS
1,
(7roM Sarnlii,
Inai
IftI
,
Kar-
lS-i4..'».
Outobnr
•no«l,7,3t
• 1.'..%.72.-.
NciVKiiibor....
:100.74:1
Docemlior....,
311.010
2.>I.«2I
239,0111
i2n,m.i
-..."*
.Inniiiiry
l»'I,(Ot
268.-^0.'i
230.12O
M,irto
«4.n!t2
4(».rfi
IV^IirimVy
.
270.H24
380.S32
2nn,93t
rnnnthj. .81,S20,7*i
•l.^20.«.^5
Miireh
Toml S
2211.097
1
0S.93J
19,721
•079,045
•(10,9,17
New York New Haven A
Hnrlforil, -The report for th«
31 was 08 follows
quarter ending March
;
1886.
OVER OPEBATINO BXPEMSm,
November.
80jr87
95^)00
A)>ril. lS>ffl. estliuatert
85,000—
I«8fl.
^^>itte»
a«s 0A4
•I ^2^,733
805.0S8
l57o!oi5
;\'i'»™'"K<'
6I.67."4
Febniarv. 1-86
Man-U. i8.^t!. estlmaiBd
18<><«.
l.'oes^IJ
CieratingeipensM
$70,506
110,2S5
189.^
Iiceeinber. 1855
jRiiiiary. 188fl
•
nnws earnliRK
vli:
•720,645
204 .9« 7
204.917
~$3"85,067
fALVeSS
Ohio Central Coal Company.- A circular iuued to first
Taxes. eAtiinated
$tfl,0C0
mortgage bondholders states that on the 28th of Anril
MUoeltiineftus exiHsnscs
.19,0 :7
a
,
majority of the Main Line and Mineral Division bondholder*
Constrnrtloii inipniveiiieut
23,967
Kiliilpmrnt l)oiirts, rrlired
met at 110 Broadway, and agreed upon the following plan of
$71,176
Iiueicsi (in ei|iil|iiiient bonds
24.870— 96,016
'""" properties, viz.: That there f,hall b©
Interest mi *.','J7;i,000 P. M. F. bonds... GS.370
iT/i^r^AA-, 4'®
^'"^ per cent first mortgage bonds and
luterostoTi *2.nO(),nOO on Series " A".... 60.000
I '^A^A /'y ^f^"" stock.
!|.l,.)00,000of capital
Interest on *'2.00(),000. 1911
60,000
The main line bonds to receive
Interest on ^ 12,000, 1922
1,260— 189,630— 419,671 sixty per cent of the new bonds and fifty
per cent of the
capital stock. The mineral division bonds to receive forty
Leaving apjilicnble for interest on Seiles " B bond.'i
per
$92,033
cent of the new bonds and fifty per cent of the capital stock.
Cliosapealie & Ohio Canal.— This companjr in Baltimore
Ohio & Mississippi.—The gross and net earnings for March
invites jjroposals for $100,000 6 per cent repair bonds, a first
and for three months to March 31 were as follows
lien on the entire property of the canal.
The bids are to be
it n ch.
opened at 13 o'clock noon on the 17th inst., at Annapolis, Md.
Jan. I to March 31. -»
1886.
1885.
1836.
1885.
Gross earnings
$30.^,759
$341,591
Cleveland & Miariettn. At Columbus, O., Hugh L. Cole of
$351,369
$900,770
255,115
850.529
727.687
New York, representing the first mortgage bondholders, Operating expenses. 218,400
bought at auction the Cleveland & Marietta Railway for
Net earnings
$87,359
$S6,146
$203,840
$lo2,088
From
tlilM |8
$511,708
""'P''"
imyable for—
.
,
—
.
$400,000.
ETansTilIe& Terre Haute— Peoria Decatnr
& Evansville.
111., says that the Evansville
Terre Haute Railroad has taken formal possession of the
Peoria Decatur & Evansville. The officials state that they
find their new property in good condition.
— A press dispatch from Mattoon,
&
.
Oregon Short Line.—The gross and net earnings for Feb.
and for two months from Jan. 1, were as below:
ruary,
Febniary
1886.
Earnings
Expenses
$lii4 ,S30
94,429
Surplus
1-
.
1885.
$89,600
82,940
,—Jnn.
1 to Ftb. 21.-
I814.
1885.
$217,581
189,595
$191,019
153,028
$9,901
$6,659
$27.9S5
$37,990
Denver & Rio Grande.— At Denver, Col., May 5, in the Taxes
0,825
6,665
13,650
13.333
United States Circuit Court, Judge Hallett entered a final deNet
$J,076
def. $6
$14,335
cree for the foreclosure and sale of this road on July 13. This
$^4,657
insures immediate reorganization under the Coppell plan.
PalnesvIIle & Yonngstown.- An order of sale has been
East Tennessee Virginia & Georgia.— Judge Jackson of issued in the case of August G. Hatry against the Painesville
& Youngstown Riilroad, and the property will be sold on
the United States Circuit Court has made an order at Knoxville allowing George K. Sistare and others, representing the Thursday, June 3. at Painesville, O. The road, which is a narininority of stock and bond holders of the East Tennessee row guage, extends from Youngstown to Fairport, on Lake
Virginia & Georgia Railroad Company, to file an intervening Erie. A dispatch to the Chicago Inter-Ocean reports that
petition, seeking to become parties defendant in the case of Solon Humphreys of New York, with other capitalists, have
the Central Trust Company, N^w York, against the East Ten- made arrangements to purchase the line and transform it into
nessee Virginia & Georgia Railroad Company. The petition- a standard guage, the estimated cost of the change being
Upon the sale being confirmed the purchasers will
ers seek by answer and cross bill to stop the sale of the rail- $.500,000.
road system advertised to take place on May 2.'>. The hearing issue bonds for $1,000,000 for the improvement, and expect to
of the petition and cross bill will be before Judge Jackson, at have the line ready for business by next January. At Niles,
Ohio, it will connect with the Pittsburg & Western Road, givChambers, in Nashville, on May 18.
The reorganization committee has decided not to extend ing a direct line from Lake Erie to Pittsburg via Youngstown.
the time for the deposit of securities under the proposed plan.
Richmond & Danville.— The Indicator rep-rts fat the
The scheme has been approved by a large portion of stfxjk and managers of this company proposed to take from th'-> Richbond holders.
Of the $14,674,000 consols $14,414,000 have mond & West Point Terminal Co. certain stocks held as
assented; of the $16,,')00,000 incomes, $13,614,000; of the $16,- assets in its treasury and to pay therefor $3,000,000 in the
&
stock of the R. & W. P. T. Co. Some of the R.
D. stockholders objected to this and obtained in Richmond, on April
21), an injunction restraining the directors of the Richmond
Houston & Texas Central.— A meeting of the general Danville and of the Terminal Company from proceeding any
further in the matter and the stockholders of the Terminal
mortgage bond liolders of the Houston
Texas Central Rai'way Company was held at tlie Farmers' Loan & Trust Com- Company have organized and appointed a committee consistpany Thursday. A suit for the foreclosure of the first mort- ing of Robert Harris, chairman, H. R, Garden, T. M. Logon,
gage has already been begun, and at the meeting a committee D. Willis James, John C. Calhoun, E. H. Emerson. Gustav E.
was appointed to confer with other interests in regard to har- Kisael and J. A. Rutherford, to protect their rights, and to
monious action by all the bondholders. The committee con- require such a fair adjustment as will promote the interests of
all.
sists of Henry Budge, of Hallgarten & Co. Frederic Tavlor.
E.B. Van Winkle, Thomas L. Manson, Jr., of Charles Head
St. Lonis .\rliansas & Texa.s.— This new company, successor
Co., and L. Von Hoffman.
In the general discussion it was of the Texas & St. Louis, has elected Col. Fordyce, the receiver.
said that the prior mortgages would probably be willing to President Mr. James H. B.^nedi'^t of New Y'ork 1st Vice
accept reduced rates of interest in the event of a peaceful President and Mr. Robert C. Kerens 3J Vice President.
reorganization of the company.
Texas & Pacific. The official circular of the committee
New Tork City Debt.—The New York Court of Appeals has giving the details of the reorganiz ition scheme ha<< not yet
rendered an important decision, reversing the decision of the been issued, but it probably will bj by Monday. Whatever
General Term in this city, and holding that the sinking fund opinions may be formed of this plan, the holders of Iwnds or
IS not a part of the city debt within the meaning of the law
stock should not act hastily, but should wait a short time
which limits the creation of debt. This will permit the city of until the committee of the Rio Grande Division bondholder*
New York to issue about $37,.500,000 more of i)onds without and the committee of stockholders have had time to formu'ate
exceeeding its authority. City Commissioner Ivins gives the their plans and is'iue them.
following figures showing the condition of the finances of the
In the Chronicle of list week the propo«e<l plan of
city
Asse-sed value of real estate in the city in 188.>, reorganization, as outlined in the newspapers, was pub$1, 108,443. UT; total funded debt May 1, $135,491,839; bonds lished and certain comments made on it.
Parties iden'n sinking fund, $36,137,139; debt, less sinking fund, tified with the preparation of the plan have addressed to
$89,a54,700 ten per cent of value of real estate. $116,844,313
the editors of the Chronicle the communication below, in
citys capacity to borrow on bonds, $27,437,613.
The Dock which they claim that the views of the Chronicle were baaed
Department wants $750,000 balance of schoolhouse bonds to on an imperfect knowledge of the plan, and were also illbe issued, $1,068,000; balance of armory bonds, $838,000; for founded, when the poor condition of the property is considmunicipal buildings, if bill passes, $3,000,000 claimed value ered. In order to give a fair representation to the advocates
of Pelham Bay Park, $5,000,000; total, $10,316,000. which, of the proposed plan, their communication is published at
taken from the city's capacity to borrow, leaves $17,241,613.
length as follows
500,000 preferred stock, |10,13.3,000: and of the .$37,500,000
stock, $9.6.jl,000.
The whole of the Cincinnati
Georgia division firsts and the debenture bonds have assented.
common
&
&
&
;
;
&
—
:
;
;
;
;
;
.
THE CHRONICLE.
576
Editors Financial Chroxicle
B7 the time you receive tbls you will probably have seen the committee's plan for reorganizing the Texas &Paclflc, which has been delayed
by the printer, and by the completion of numerous contracts and otuer
:
preparations required to be in readiness before the public approval can
You will then discover, and I trust frankly admit, that your
strictures of last week were based upon a partial and incorrect knowledge of the plan, and of sundry facts of controlling influence upon the
committee.
Mrst— The audited and recognized floating debt, including all claims
of the Missouri Pacittc Co., Is about $1,300,000, and the committee in
the contract for reorg.inization now deposited with the Farmers' Loan
fc-Trust Company has expressl.v reserved the light to have every item
verified. Part of it is secured by $2,115,000 terminal Donde, whose
direct settlement would be stUl more onerous If the floating debt should
be repudiated, and reorganization thus delayed by a few years of litigation. This entire floating debt if settled for in stock at $20 per share
would amount to but 63,000 shares out of a total of 321,655 shares,
and would then pay 33 per cent more for it than present stockholders
have the optional right to buy it for.
Second It is not correct that the plan furnishes no money to repair
the road. At least $1,000,000 of earnings will be surrendered by the
bondholders of all classes who are entitled to them for interest duriug
the pendency of foreclosure and sale, and $2,278,965 additional will
be yielded by the surrendered stock, whether sold to stockholders on
their options or to the syndicate which stands ready to take It it they
be Invited.
—
do not.
[Vol. XLII.
000,000— of which |5,200.000 could be issued for the floating
debt at 25 cents on the dollar, and the balance of $10,800,000
sold to the Syndicate at 25, realizing $3,700,000 cash to be used
for betterments. The so-called "privilege" of the stockholders
to give up their stock at a valuation of > and buy it back at 15
need hardly be considered, as it would be a barren privilege;
and if the stock is to be taken by the Syndicate they would
much prefer to see a fair cash price paid for it.
Union Pacific—The
annual report of this company
certainly excels in comprehensiveness and completeness of detail anything in the shape of a
railroad report that is published in "this country. The substance of the report, embracing the main facts, has already
been given in the Chronicle, but there are many interesting
points in such a report which make it eo valuable, that every
stock and bond holder ought to procure a copy.
The land assets of the comiiany and the operations of the
land department in 1885 are a most important feature, and the
following is condensed from the report
now been
has
1. In regard to one leading feature of the plan, it is agreed that
the consolidated bondholders should be protected both as totheir principal and interest; but no interest is yet due these
bondholders, as their coupons have been paid when they fell
due. It therefore seems extravagant to give them a bonus of
20 per cent in bonds; should they not fairly consent to a reduction in their future interest to 5 per cent a year
3. The floating debt has really but little security in the possession of $2,115,000 terminal and general mortgage bonds, as
these bonds would be practically wiped out on a foreclosure,
and would be little better than stock, and it is proposed that
$6,500,000 in new stock should be given for this debt.
Would
not four times its amount, or say $5,200,000 in new stock, be
quite sufficient ?
3. Although the Rio Grande Division is acknowledged to be in
abad condition (because, as appears by the former committee's
report, it was badly built nnder the management of substantially the same parties who are now the principal holders
of the floating debt), still this section of road is located in an
agricultural country and drains a very large territory, which
is capable of development
also, a large interest in the Rio
Grande bonds represented by London holders has just had a
careful examination made of the Rio Grande Division, and
having confidence in it, they stand ready to raise
capital to put it in order. Upon the whole, "this portion
of
the line certainly seems to deserve as good treatment as the New Orleans Division, sixty miles of which are
part of the time under water, and the division needing a very
large expenditure for improvements. The N. O. Division could
also be dispensed with now, and cut off from the rest of the
system, since the new route has been opened across the Miss.
River at Vicksburg, giving a connection with New Orleans as
well as a route to the. East.
4. The stock of the Texas & Pacific on the Eio Grande and
New Orleans Pacific divisions was issued to the projectors,
Messrs. Gould and others, at a merely nominal consideration,
and was distributed to the public at" various prices, probably
the bulk of it between 40 and 70, realizing a very large profit
to the first owners. It is generally supposed that the Texas &
Pacific has been operated in the interest of the Southwestern
system, and its traflic whenever practicable turned off towards
St. Louis to benefit that system.
At all events, the company
has remained under the same management, and wiiatever
the responsibility may be, that management must admit that
under their direction the company has become insolvent.
Now, it is proposed to stockholders that they should give up
two-thirds of their stock, or in round figures ,$31,443,000, of
which $6,500,000 goes to pay $1,300,000 of floating debt, and
the balance of $14,942,000 stock goes toraise $3,341,000 cash by
a sale to Mr. Gould and his syndicate at 15 cents on the dollar.
In view of the historical facts regarding the stock, the profits
attending its first issue, and tlie continuous management of
the company in the interest of the same parties, is not this
too great a sacrifice to ask of stockholders
If it is desired to harmonize all interests under the plan now
proposed, it would seem much more equitable to issue no bonus
of 20 per cent in bonds to the consolidated mortgage bondholders to treat N. O. Division and Rio Grande Division
bondholders alike and finally to call on stockholders to surrender no more than one-half their present stock—say $10,':"
;
';
;
it
UNION rAClFIC.
Sales, 1885.
,
You
are perhaps not aware that while the eonsolsl earn the whole,
and the New Orleans bonds nearly half, of their interest, the Rio
Grande bonds do not earn any, its operating expenses exceeding its
receipts monthly. Its track Is in the last extremity of dilapidation.
Wrecks, with loss of life and property, are of constant occurrence. It
does not possess a single rail outside of its track, nor any earnings or
credit to buy tUem, and the iiressing dilHculty of the receivers and of
the committee is how to keep it open at all, until by adoption of the
proposed plan the earnings and the credit of the other divisions can
Iawfull.v be applied to its necessities.
The only alternative to such adoption is to close it« operation, with all
the ruin and disorganization thereby Involved, until a heavy contiibution can be raised from its bondholders in cash. Even receivers' certiflcates upon it oould probably not be floated without the co-operation
of the other divisions.
The object of the committee has been to keep the entire road together,
free from any outside control, and free to accept any tratfle alliance
from any other system which shall conduce most to its interest. With
83,500,000 raised and expended on the whole road it should yield net
30 per cent of its existing gross earnings at once, which would be sutltclent to pay full interest on both classes of the new bonds, and if its
stockholders should then choose to sell a control of their stock to undesirable parties it would be no fault of the committee, who can only
answer for their own acts, none of which have been or will ever be done
In a comer.
W.
full
and
issued,
You say the Rio Grande bondholders " will hardly come into
Finally
It."
:
Amount.
745,744
2,040
Totals
Less, canceled
Sales, 1884.
.
.
Acres.
$1,228,587
5,360
Netsales
743,704 $1,223,227
Av. per acre, gross sales..
$1 63
Number of purchasers ...
392
Av. No. of acres to each
1,003
Sales of townlots
33,482
Interest on land and town
lot contracts
588,395
$6,603,796
86,023
4,321,042
$6,517,773
$152
1,517
263-60
. .
Payments
19.930
275,337
on
forfeited
canceled contracts
from other
sourcfe, Interest, &o...
840
686
68,017
131,030
$1,915,963
6,944.737
Receipts
Total proceeds
Deduct expenses
.
Amount.
Acres
4.348,202
27,159
—
Disc'nts, ooiumiss'ns, A:c.
Premiums, Interest. &c.,
$38,118
$206,120
on bonds canceled
Sioux City it Paciflo RR.
57,188
129,203
acUustment
10,306
95,307
345,630
$1,820,655
$6,599,126
Net proceeds Un. Pac.
land grant
KAlfSAS PACIFIC, INCLUDING DENVER PACIFIC
Sales, 1885.
^
Sales, 1884.
Acres
Amount.
Acres.
Atnount.
.
.
<
711,960
21,663
$2,908,380
91,220
475,007
22,441
$2,002,602
84,726
Netsales
690,294
Average price per acre,
$2,817,159
452,566
$1,917,876
Totals
Less canceled
of
$4 21ig
$4 03
gross sales
Number
purchasers
(excluding syndicates)
Average number of acres
1,740
to each
Sales of toT\Ti lots
i..
Interest on contracts....
Payments forfeited on
contracts
231
from
Receipts
sources, interest,
Total proceeds
Deduct expenses
General expenses
1.396
234
3,539
114,699
4,305
231,122
12,662
10,453
5,581
30,011
$3,070,831
$2,076,579
other
&c..
:
—
and
taxes
$117,291
Discounts, commissions,
&c
$79,801
341,284
165,227
458,575
245,029
$2,612,250
Net proceeds Kansas
Pac laud grant
$1,831,549
LAND DEPARTMENT (BOTH DIVISIONS.)
Estimate of Unsold Lands on Hand December 31, 18S5.
Union Pacific Railroad land grant—
Acres, Total. Estlm'd
Value.
In Nebraska, east of North Platte
In Wyoming, Utah and Colorado
10.000
3,311,696
2,511,096
Total
Pacific Railway land grantIn Kansas, east of 394th mile post
In Kansas, west of 394th mile post ....
In Colorado, Denver Extension mortg..
In Colorado. Denver Pacific mortgage..
3,321,696
$2,541,696
672.600
647,330
2,240,150
562,770
$2,467,700
$30,000
Kansas
Totals
Grand
4,122,850
7,444,546
totals
—The
the
first
1,456,492
4,S55,300
1,472,482
$9,951,974
$12,4!;3,G70
earnings and expenses, &c., for March and for
quarter of the year were as follows :
March.
1886.
1885.
$1,954,208 $1,975,517
1,243,336
1.179,175
.
Gross earnings
Oner, expenses
$5,017,378
3,535,383
31
1885.
$5,214,416
3,400,012
Jan. 1
1886.
.
to Mtir.
$710,872
83,285
Surplus
Taxes
Net earnings
$796,342
75.304
$1,481,935
249,853
$1,814,404
226,181
$627,557
$720,919
$1,232,140
,
$1,383,223
—
Vlcksbnrg & Merldaii. This company has re-elected its
directors, anl submitted a report for the year ended March 31,
which shows
:
1885-86
1SS4-S5.
$503.:i04
$195,003
Expenses
426,498
443,i»39
Dec.
$8,701
16.431
Net earnings
Charges
$76,806
151,135
.$51,662
133,660
Inc.
Inc.
$25,144
17.675
$74,329
$Sl,9£i8
Dec.
$7,669
Gross e.irnlngs
Inc.
;
DeUcit
:
May
8,
THE CHRONICLE.
1886.J
%ht Cammctctal
Friday Nioht, May
COTTON.
Friday. P. M.,
Tbb MovBHSirr or tbb Obop.
7,
1386.
The labor troubles which have been diaturbing the country,
and to a, great extent paralyzing trade, commerce and manufactures for several months, culminated early this week in
strilces in all our large oities, on the demand that eight hours
be considered a day's work, and generally without abatement
of wages. The anarchists and socialists who have sought
refuge in this country from Middle Europe, and gathered in
large numbers in several of our cities, took advantage of the
enforced idleness of the working classes to commit deeds Of
violence which brought them in collision with the police and
local military, and large numbers were killed and wounded
on Tuesday and Wednesday at Chicago and Milwaukee,
including several of the police force of the former city. The
malignants were quickly overcome, the leaders arrested and
imprisoned, and yesterday a large number of important strikes
Toat Cincinnati, Cliicago and other cities were adjusted.
day the tituation is tranquil, but it is thought prudent to
continue precautions against fresh outbreaks. The weather
has remained very favorable to crop prospects in all sections.
The following is a statement of the stocks of leading articles
of domestic and foreign merchandise at dates given
1886.
April 1.
1886.
May
and
23,4C5
1885.
Maij 1.
bbls.
bbls.
19,417
376
443
679
22,364
31,563
57,306
315,410
95,677
41,750
23,185
3,935
1,247,554
None.
641
2,000
310,000
306,713
17,877
39,103
30,266
50,585
231,100
54,400
109,500
18,442
None.
961,000
27,362
21,658
47,806
164,653
93,914
53,150
44,532
None.
905,890
300
763
783
bids.
Tolincco, foreign
bales.
Come, Rio
bags.
bags.
mats.
other
CoUVc, Java, Ao
C'ollVe,
Sugar
Sugar
Sugar
hlidB.
boxes.
bags, &c.
hhds.
Melado
hbds.
Molasses, foreign
Molasses, domestic
bbls.
No
Hides
bales
Cotton
Rosin
bbls.
bbls.
bbls.
Spirits turpentine
Tar
Rice, E. I
Rice, domestic
1.
tcs.
tc8.
bags.
bbls.
and
tcs
bags
Linseed
bags.
Saltpetre
Jute butts
bales.
bales,
bales.
Kaullahemp
Sisal hemp*.
677
%xxncs.
COMMERCIAL EPITOME.
Pork
Beef
Lard
Tobacco, domestic
,
..
.
.
1,582
3,500
231,500
301,754
22,763
506
582
2,S99
3,000
6,850
None.
14,600
45,500
23,957
18,495
11,191
1,500
114,600
347,382
30,026
607
1,488
1,000
1,200
10,500
14,100
2,238
8,100
1,150
16,800
11,700
44,100
25.823
24,238
66,.100
12,497
25,863
V»y
7,
18M.
u Indicated br oar t«l«gnuBB
from the South to-night, is given below. For the week endlnc
this evening (.May 7), the total reoeipU have reached 80,180
bales, againat 40,309 boles last
week, 48,940 bales theprenoos
S6,805 bales three weeks since; makins the total
receipts since the 1st of itoptember, 1889, 5,078,849 bales, against
4,677,655 bales for the same period ot 1884-89. •howin« an
Increaae since September 1, 1885, of 400.793 bales.
week and
Sieefpl* al-
Man.
Sat.
aslveston
Wed.
Tu*g,
Thurw.
IWal.
Kri.
162
244
131
934
126
278
985
2,729
2,a26
2,607
433
330
36
046
20
Savannah
300
1,052
429
326
1,030
Brunsw'k, Ao.
Cbarleaton ..
Pt. Royal, Ac.
14
14
381
697
283
044
436
803
88
3,634
vnimlngton...
Moreb'd C.,&o
179
122
157
123
78
36
60
Norfolk
681
435
273
234
1,097
1.322
,562
1,778
353
130
193
33
386
503
200
166
3,603
363
248
23
37
21
49
67
Indlaiiuia,
New
130 ~i,747
dio.
Orleans...
UobUe
1,513
10,8m
239
30
713
2.068
Florida
WestPolnt.io
Sew York
Boston
Baltimore
1
30
3,830
83
685
60
6,995
5.117
331
489
1,104
Pblladelp'a, Ao.
1,720
1,104
394
368
47
TotalstMsweek 3,979 6,983 .^SIS 7,141 5,330 0,874 39,180
For comparison, we give the following table showing the week's
total receipts, the total since Sept. 1, 1885, and the stock to-n^(hf
and the same items for the correeponding periods of last rear
1883-96.
Seeeipli to
May
7.
Week.
Salveston ...
Ind'nola,&o
ETew Orleans.
Mobile
Florida
Savannah
Br'8w'k,&o.
Oharleston...
Pt.Eoj'al,&c
Wilmington.
M'headC.,&c
Norfolk
W.Polnt,Ao.
New York...
Boston
Baltimore .
Philadera,&o
.
1884-85.
Since Sep.
1, 1885.
1,747
Stock.
TKii Since Sep.
Week. 1, 1884.
498
1888.
433,033
10,797
24,898
9,557
3,238 1,300,077
139 223.038
14
77,533
1,449 716,963
1
9,747
148,300
26,478
113,703
13,996
688,498
781
10,899 1,667,638
2,068 239,887
59
50,081
3,850 772,303
14
16,069
3,634 475,256
83
14,049
99,923
693
60
7,784
6,995 534,226
270,631
5,117
531
54,280
1,726
94,170
1,104
49,547
568
43,205
1886.
24|
436
431
17
1
380
302
83
335
397
2
7,971
26,823
309,310
7,088
93,482
9,605
545,360
281,053
67,332
80,839
38,611
47,341
2
22,309
5,716
68
4,636
780
31,986
10,041
310,338
6,310
26,399
16,313
4.237
93
338,714
6.310
9,267
7,979
The speculation in lard for future delivery has been dull,
768
but this is mainly due to the reduced oflferings, which give a
8,633'4,677,555! 655,303' 520.280
39.150 5,078.348
Total
stronger turn to prices, but to-day the market was weak,
closing at 6-17c. for May, C-30o. for June, 6'37c, for July, 6-34c.
In order that comparison may be made with other years, we
for August, C'-ilc. for September and 6'48c. for October, Lard give below the totals at leading ports for six seasons.
on the spot has been fairly active, but closes easier at 6@ ReeeipUat—
1885.
1884.
1883.
1882.
1881.
1886.
6-05c. for prime city, 6-17K@6'32}^c. for prime to choice West311
2,907
522
8,254
4,897
1,747
em and 6"40c, for refined for the Continent. In other "provi- Glalve8t'n,&o.
14,334
2,983
12,608
3,238
3,116
sions'' prices have rather favored sellers, but no important New Orleans.
10,899
advances can be noted.
531
1,708
1,454
3,035
Mobile
2,068
159
The speculation in Rio coffee has been very quiet, but there Savannah....
3,463
2,293
4,965
1,449
1,509
3,830
4,341
1,459
seems to have been something of a "comer" on May contracts, Charl'sfn, Ao
1,002
2,497
917
3,717
which has supported values, but the close is weak, with sellers Wilm'gt'n, Ac
329
114
558
362
18
755
at 7-40c. for May, 7-35c. for June, 7-30c. for July and 7-20c. for Norfolk
1,916
4,244
578
8,254
380
6,993
the later months Aug. to Dec, Coffee on the spot was dull for W. Point, &e.
94
1,028
1,079
2.375
302
5,117
Rio at 8JgC. for fair cargoes, but there has been a good business ail others
8,635
11,437
14,167
8,402
4.002
1,648
in Padang at 16J^@17i4C, Raw sugars have continued dull,
50,575
25.881
49,150
15,657
39,150
8,633
the strikes checking the demand, and fair refining Cuba closes Tot. this w'k.
lower at oc, with centrifugal quoted at 5J^c. for 96-degrees test. Blnoe Sept. 1.^5078,348 4677,555 4723,976 5711,245 4492.046 5446.033
Refined in better supply, and prices do not maintain the late
Galveston includea Indianola: Charleston Includes Port Royal, Ac.
—
advance, but are very unsettled. Molasses has further declined to I834C. for SO-degrees test,
Kentucky tobacco has ruled dull, but seed leaf has been sold
very freely, and the business for the week aggregates S,618
1,193 cases 1884 crop, Wisconsin Havana,
cases, as follows
8i^@llc,; 75 cases 1883 crop, Wisconsin Havana, private
terms; 1,000 cases 1883 crop, Pennsylvania, 8i^@10c.; 100
cases 1884 crop. New England, 16@30i^c.; 50 cases 1885 crop,
Ohio, private terms 50 cases 1885 crop, Pennsylvania, private
terms, and 150 cases sundries, 5@8l)o.; and 350 bales Havana,
60c.@$l 05, and 100 bales Sumatra, |1 30@|1 60.
The speculation in crude petroleum certificates has been
dull until to-day, when business became more active and
prices improved, closing at 74i^@743?ic. crade in bbls. quoted
:
;
;
at 6i4'@6?8C.; refined in bbls. 73>^(37J8C., and in cases 8;'3@
Spirits turpentine was dull and the
93^0. ; naphtha, 8J^c,
nominal quotations declined to 36i^c, Rosins have remained
dull but close steady.
Metals have been without special feature, except that
yesterday and to-day a movement in block tin, the sales
embracing 95 tons, 20'80(320'85c. on the spot and for May
delivery, and 20'75@20'85c. for June delivery, closing with a
further advance asked.
Ocean freights have been rather quiet, but room in British
steamers for cotton and grain has been taken so largely ahead
that rates are fully maintained.
Wilmington includes Moroli'd City, J:c.; West Point includes City Point. Ao_
The exports for the week ending this evening reach a total
of 83,838 bales, of which 61,518 were to Great Britain, 10,975
to Fi^ce and 16,345 to the rest of the Continent. Below are
the exports for the week and since September 1, 1885.
Wuk
Endina .Viiv
Bxraritd to—
rtom SepU
7.
1,
1885, to
dreat
Oantt.
Total
Brtt'n.
from—
tunt.
Week.
91*
Qalveeton
New Orleana..
UobUe
27,858
1.965
9,867
Man 7,
1686.
Mvported to—
MoppoTte
912
a,943
44,464
1,960
Qmtt.
Oreat
Britain. lYanet
IMaL
78381
223,113
701382 802.204
316,319
380,441
U84.on
44.ai
44.481
Florlila.
SsTumah
1,713
. .
4jns
1,800
2,Me
Ghirleaton
i.eoo
WUmington..
6,888
s,a«8
Norfolk
West Point...
New York....
S9I30S
40I3SS
908,700
806,71s
28.
UM
0,700
».7»7
Baltimore...
PhUadelp'a,ao
16.941
88.118
883,18*
123,412
99,707
4t,10T
1,306
Boston
160,963
BM^isa
83,987
I.'
194.8*8
27.881
U8l«I»
4.408
4S.»1B
2,063,970 8S7.SS3 l,t99,898<S38*j8e8
Total
Total I884.8B
40.M0|8.85«.1(»
K9.0U
to Urrat Britain inolude 29,008
Hull, which were re-cxport«d from Great Britain to Baltlo ports
NOTK.—The exports from New York
ales to
8,86*
102,409
8(.S80 10,82*
1340
43,840
232B
201.001
»
(
THE CHRONICLE.
578
In additiou to above exports, our telegrams to-night also gi ve
ns the following amt unts of cotton on shipboard, not cleared,
at the ports named. We add similar figures for New York,
which arc nrppared for our special use by Messrs. Carey, Yale
& T.urriVert. 24 Beaver Street,
On Shipboard,
May
7,
at—
daily market, the prices of sales for each month each day,
the closing bids, in addition to the daily and total sales.
063.
^
not cleared—for
»o®
fis
'dog
Leaving
Great
Other
FruTice.
Foreign
Britain.
Bavannah
Nirae.
Galveston
Norfolk
Hew York
None.
13,648
8,500
7,000
47,054
16,018
7,671
3'?.72.S
5.1.50
a
1,152
1.300
2,282
1,3(0
3,431
14,448
None.'
11,850
8,000
21.478
21.673
21.009
21.461
17,338
29S.B83
55,971
79,907
.575,396
2,699
22,438
13,726
497.842
517,^23
1.626
4,136
Total 1885
Total 1884
S.S'
7,019
None.
2.300
None.
1,900
800
None.
2,095
1,C57
862
NEvy ORLEANS.
UPLANDS.
Sat. OTon Tnes Sat. JHon Tues
May 1 lo
May 7.
(rfcOyio
=C&0^
1
en
611,„
7ht
S'la
Strict Ord..
Good Ord..
6^8
e's
67«
613,8
7^
VI, 8
7''ifl
Vl>,8
7I4
8'l«
8
8ifl
8-8
Hhe
8^
G'd Ord
Str.
611,8
«''8
Onlln'y-'Pll'
Low Midd'g
9l8
96,8
Btr.L'wMid
Middling...
Good Mid..
9%
Btr.G'dMld lOhe
Midd'g Fair 107,8
Fair
lU.n
8i3i„
91,i
1
94
96,8
93l
101,8
107,8
U
111,.,
Wed
91, fi
9»8
83,8
h=S
9
914
9°16
9>9
91s
9'l«
9>'l6 916,6 915,6 »'«
IOI4
IOI4
10
103,0
10^ 10!>8 10»9 10»,„
III4
1114
113,^
fa's
1
8I4
H"',^
814
Hli,f
91,8
Xb. Frl. IWed Th. FrI.
I
7l«
81,6
8>«
8 '8
918
95l6
Good Ord
G'd Ord
Low Midd'g
Btr.
Btr.L'w Mid
Middling.
9'fl
S6 6
9%
Good Mid
9'd Midi 101,8
MlC.lV Ptiir ;• -.,.
Btr.
-
*'••"
611,8
713
81,6
819
611,
i
9%
lOIifl
:0
11 o
„
611,8
7i«
She
8i«
8 '8
918
96,8
9Si
101,8
*lb.
.\IlddUng
Middling
C
CJi
®
o»
^
cc
at
»o:«
•
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>
!5
(CCD
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rs
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BtrictGood Ordinary
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I
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i
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r'
CD«)0^
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83.6
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9
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C.Oi
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>
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pdCC2
H-
mon Tnet
Sat.
2
cj
E.S"-
P-
,!
TEXAS
»o
S>«
and the course of prices has been somewhat irregular. The
early months showed much strength, May options being
notably dearer, in view of the rapid reduction of stocks on
hand and the indications that Liverpool is in urgent need of
supplies, while the more distant months were depressed by
—
g-
"So:
00
fpeculatioa in cotton for future delivery has been only
moderately active at this nurket for the week under review,
—
»o»
Si
The
the favorable prospects for the next crop. Publications indicating a decrease in acreage and a late and otherwise unfa"
vorable planting season, received very little notice or belief.
The floods in the valley of the lower Mississippi began to abate
early in the week, and it does not appear that any serious
damage was done by them. The adverse effects of the strikes
disappeared when it was seen that anarchists had been vigorously dealt with. To-day the market was depressed by the
warlike aspect of Greek affair?, a decline at Liverpool, the
generally free crop movement, and the continued favorable
planting season; but tlie close was steady. Cotton on the
spot has met with a fair gmeral demand. Quotations were
reduced l-16c., but restored on Wednesday, when printing
cloths were dearer and there was a fair inquiry for shipment.
Stocks at this market continue small r than last year. To-day
the market was dull, middling uplands closing at 9 5-16c.
The total sales for forward aelivery for the week ar»> 243,700
bales.
For inamediate delivery the total sales foot up this week
8,260 bales, including 1,150 for export, 1.583 for consumption.
for speculation and 538 in transit. Of the above,
bales
were to arrive. The following are the official quotations for
each day of the past week.
5S
and
S OlD«£
o 3.&V
V sa ^
:
114,.575
2,000
None.
3,200
1,000
5,861
a
Q>Bais
s'a.E.g'
_- _ ® »
S o » 1^
£"—
T''Oo5
OB ii^
='
O.'jO
None.
None.
None.
150
None.
Total 1886.
Stock.
Total.
6,989
None.
3,811
None.
Otlier ports
wite.
U,671 12,321
15,906
2,000
None.
Netr Orleans
Mobile
Charleston
Ooast-
XUL
\You
I
6is
73i6
8
834
inon Xaes
eifl
73,6
8%
71«
716,6
81118
•
Wed Th.
61a
73,6
Frl.
61a
73,8
I
61a
8%
It.
to.
If
CIO
'
M
<1
If
SI
1
9;
I
S:
I
I
9
S\
o
MARKET AND SALES,
The total sales and future deliveries each day during the
week art) indicated in the following statement. For the coneaience of the reader we also add a column which shows at a
glance how the market closed on same days.
"^l
I
I
I
9
I
I
^
I
1
9
I
I
I
I
I
9
I
%
I
I
Septem• Includes sales in September, 1885, for September, 130,200
ber-October, for October, 301.700 Septembef-November, for November,
416,400; September-December, for December, 928.200; Septemberjanuary, for January, 2.004.20O; September-February, for February.
1.370 OOr; Seiitoiiiber-March, for March, 1,745,400; Sertember-Aprll,
;
SALES OF SPOT AND TBAN81T.
SPOT MARKET
CU>S&D.
Sat.
Mon
Tnes
Wed
Dull and easy
Oon-
rump
Spec- Tranul't'n\
sit.
278
...
Easy
Steady at 1,8 dec
Steady at iioadv
Tliurs Finn
Frl.. Quiet
Total
Export.
£00
484
338
270
1,1501,582'
Total.
278
412
ill2
250
400
300
;
7.11
523
1,266
570
....I
Sales.
Deliveries.
43,700
33,900
39,600
41,400
39,900
50,200
300
200
200
600
628' 3,260 248,7001 1.300
The daily deliveries given above are aotually delivered
prevtoos to that on which they are reported.
tlio
day
Thb Sales and Peioks op Fotuees are shown by the followIng comprehensive table. In the tatement will be found the
for April. 1,592,800.
„ „^
Triinsterabie Orders—Saturday, 9'25o.; Monday, 9-25o.;
9-30O.; Wednesday, 9-300.: Thursday, 9-3 Oc: Friday, 9- 25o.
Short Notices for May-Satiu-d.iy, 9 27o Tliursday, 9-29c.
„_
Taesdaf,
..
;
The following exchanges have been made during the week:
•05 pd. to exch. 100 May for June.
•C9 pd. to exoh. 200 Jan. for Sept.
•06 pd. to exch. 100 May for June.
•08 pd. to exch. 300 Jan. for Sept.
200 May for June.
400 May for Aug.
Oct. for Dec.
to exch. 1 ,100 June for Aur.
•M pd.
10 pd. to exch. 400 June lor July.
•09 pd. to exch, 200 July lor Aug.
•11 pd. to exch.
•28 p<l. to exch.
Kven 1,000
•19
•i^
•19
•23
•10
pd.
pd.
pd.
pd.
pd.
to exch. 200 June for Aug.
to exch. 100 May for Aug.
to exch. 200 Juno for Autf.
to exch. 200 May for Aui;.
to exch. 400 Nov. for Jan.
.
May
THE CHRONICLE.
1886.]
8,
Tmt ViMBLK 8DPPLT OF COTTON to-nl^ht, 118 made up by cahle
the
nme
towiu have b<'
and Miti'
The Continental atix-ks. aH w(>ll m week laHt
and the afloat, are thm week'H returnB, towns are
nd telegraph, is as follows.
tho«<« for Great Britain
and oimt'ciuontly all the European figures are brought <iowr
But to make the totals the complete
to Thui-Hilay eveiun((.
figurtfl for to-night (May 7), we add the item of extM)rtH I'rrn)
the United Stateb, includmu in it the exports of Friday only,
IS85.
18»4.
18S6.
18S3.
994,000 1,04 J, 000 0i4..iO0
hales. 649,000
Btook at Liverpool
2;J,00J
70,000
2«,000
55,:(00
took at London
(
Total (treat Britain stook
Stock at Rikuiiiurg
BUu'k at liruumn
Btoi'U at Aiiistcniam
Stock at Kiitrenlniu
Block at Antwerp
,
Havre
8t4>ck at
Stuck
Stock
BUM'k
Stuck
G71.000 1,023,000 1,114,000
5,N00
5,400
3,0U0
49,300
44,000
71, BOO
49,0U0
48,000
28,000
400
I, one
400
9f>0
1,700
800
233,000
176.000
152,000
,'i,000
.^,000
6,000
7.") ,000
75,000
60,000
10,000
14,000
8,000
6,000
3,000
6,000
.
at Miii-Hclllea
at Barcelona
at Genoa
at Ti'iestH
069.300
3,H00
44.800
33.0(0
2.400
3.300
13S.000
7,300
84,000
373,900
336.200
329,900
Total Continental stocks
0,(100
0,700
439,500
Total Kiironcun .itocks ....1, "00,000 1,316,900 1,553. ."iOO l,3n.S.5O0
1-16.000
352.000 315.000
India oott'in ailoat for Europe. 23^.000
150.000
172.000
pe
574.000
Ainor'n eotfn iilloat for Eur'pe 28S.000
1 7.000
7.000
41,000
37,000
Eitvpt,Brazll„tc.,allt tor K'r'pe
520.^80 531,249 564.219
Stales ports .. 6.i:'i.3ii3
Sto'ck In United
7.'i,l'-'l
72,072
131,214
Stock In U. 8. Interior towns.. 203,67.1
17. 'ill
6,500
5,500
li,iOO
United States exports to-day..
2.420,487 2,342,101 3,727,3n 2,939,133
Total visible supply
OI the at>ove, tbe to als of American und other deacrlpuons ai-e as follox s:
—
Anienc<tn
bales
Liverpool stock....
Continental stocRa
Aaisrloanattoat for Europe...
nnlted States stouk
United States interior stock .
United Slates exports tOHlay..
Total American
tait Indian, Brazil, ale.—
Uveri>ool stoek
760.000
274.000
15O.000
520,280
75,424
472.000
21H.000
2>8,000
635,303
203.673
17,611
752,000
317,000
172.000
677.000
216.000
571.000
561.219
131,2:4
5:>l.v;49
72,0?2
5,500
6,500
12,500
1,884,587 1,786,201 1,819,821 2.171,933
177,000
22.000
81.900
23S,000
17,000
53i.900
Continental stocks
India attoat for Hurope
Bgyyt, BrazU, *o., afloat
Total Eiist Inma.Ao
Total Auierlcau
234.000
29.000
99,900
186.000
7,000
555.900
292.000
70.000
11,000
237,000
55,300
120,200
315,000
37,000
877,500
7fi4.5('0
122500
35;i.OO0
1,S84,587 1,786, i04 l,849,S2l 2.174,933
2,420,487 2,312,104 2,7i:7.3il 2,939,433
5i:i ^d
5i5i6d.
6*,6d
6»ii,d.
Wao. llHieO. lOiiSi.c;
95i»c.
imports into Continental ports this week have been
Total visible supply
Price Mid. Upl., Liverpool
Frloe Mid. L'pl.. Slew York....
^P* The
83,000 bales.
The above ttjrures indicate an increase in the cotton in sight
to-night of 78.383 balen as compared with the same date of
1885, a decreant of 300,834 bales as compared with the corresponding date of 18t:l4 and a decrease of 518,940 bales as
compared with 1883
At the
Interior
Towns
movement—that
the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-nij<ht, and the same items for the corresponding
period of 1884-85 is set out in detail in the following statement.
the
is
—
»
—
Ti
*
"1
to
'
u
I
3..
»
.
Q
3
a>
E. O:
g,
X
JB tt
>
B
.
p
.
Hay
7.
Clalveston ...
New Orleans.
*j -^
CO
J-
-^j
>; ^-
Ci5
or.
oo
:-'
—
toccCAS-vitotJ'ac'S;
W
X W
X IM o > c;
CO -•
o Xo X
«- r; ri
c:
CO
:o
H i CD CD O — -• y c< Ci T J C to .*--«
a O: O C CO :a to i-J'-.^OSCOaeOi—
--1
8\
.
.
C'liarlCMton
.
Wlliulngton
Norfolk
Boston
(x-
I
K, K."-'!-*-^
co*»>
v>
to
c
I-*!-'
OD*.?.
X
I
WCOtO"-;
^* - »^ ® i^
t
I
to
j
I
5"
ii:"
9
9
9
9
9
11
9
9
9Sa4^
B3s»>«
9!>16
Augusta
r4'
8"4'
Memphis
81»i.
8'8
9
9^9>t
Sl'is
8Tb
9H*H
St.
Louis
!?•
!*•
r4"
!"••
Cincinnati...
Louisville
8<»,S
8''«
9
9
81.,,
8^8
8'a
Receipts from the Plantations.— The following table
indicates the actual movement each week from the plan*
tations.
The figures do not include overland receipts nor
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports.
RecHpU at tht Portj. Sfkat InttHor nvmt. Bte'flifnm
Endtnt—
1884.
1883.
188«.
1884.
1885.
I
Apr. a
"
9
1884.
;
Plaat'iu.
use.
I
37,081
30,113
23.....
"
SO
7
28.111
SU.O'JS 125,39)' 144,lie8 335.603
21,941)'
21.608
41.302'll0,0es'l28.908'3IB.74l
11.7r.7
80,374
20.923
2.>.';23,
6S.305' B8.9«0;IH,82S|2B6.810
19,1X6
12.«<0
19,122
13.960
90.794106,988 2; Las''
12.757
(',282
20.0M
18
••
May
18M.
14.748' 40.309
b2,809| 88.128 212.11!
12,068:
81.835
Un-<«'
in*.
14,m4l
6.71«| 2S,47S
32,m
l»,«8e
11.09S
I
15.6.57
8."3.l'
89 1^0
The above statement shows
—
1,
Sl.Pg.'t
2.92H
iai94
total receipts
from
221. Ig;
That the
the plantations since September 1, 1885, are 5,2M3,(>25 bales;
in 1884-85 were 4,742,263 bales; in 1883-84 were 4,761,055 bale*.
3.
That, although the receipts at the oulp>orts the past week
were 39,li0 bales, the actual movement from plantations waa
only 18, 161 bales, the b J{»ice being taken from the stocks at
the interior towns. Labf /ear the receipts from the plantations
for the same week were 3,228 bales and for 1884 they were
—
14,083 bales.
Amount of Cotton in Sioht May 7.—In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to May 1, and also the
takings by Southern spinners to the same date, so as to gire
substantially the amount of cotton now in sight.
1885-86.
1884-85.
1883-84.
1
1882-8&
Receipts at the ports to May 7.. 5,078.348 4,677,555 4,728,976 5,711.216
Interior stocks on May 7 In
205,277
61,708
32,079 131,457
excess of September 1
May
6,304.738 5,559,981 5,571,7816,717,58*
7
1,590,987 1.235,6<>6 1,411.967 1,.577,907
*J
w*
a"-*
to
alo^Cic-oto
Cfl
I
C»:r-«
I
•
•
c«;ct
c^o'
»- 1^ 1^ lo ui dk. to
tSW
—
,
:;»
10
o-l
CO
1
\
r^
*^x&ja3;»-'*.to«:ei
,;^;->;.*'r-;-c_;r
-coio-^K(^---i*-
*
3; '*.(;"'-- -^
'
«p;i;io#-xxojDx.x Oix
o-*' V:Vc'^Vj"';c*i;
icy' ci'iiU*.
— (T.iooxtoao — c.>c;«coro^*.ootoi
W — U< J« #. K M o xc*;<&!i-© — * ^Oi*o*»-»J^#- osaoc^ifc
ti CO
^
CC gt
r
r^
—
—
;
".-i^Mh-"
ao*-»i^
o*
'i!
;
to
cocojj-yi*.
to - X X 0> u;
been made with planting.
Halveston. Texas. The weather has been warm and dry all
the week. The thermometer has averaged 73, ranging from
66 to 80.
have had warm and dry weathw
Indianola, Texas.
The therCrops are good but need rain.
all the week.
mometer has ranged from 68 to 88, averaging 73.
There has been no rain all the week.
falestiiie, Teaux.
Corn good and cotton is cominK up well. Average thermometer 70, highest 86 and lowest 54.
HurUsx>iUe, Texas.— The weather has been warm and dry
Corn looks fine and much cotton has iiceo
all the week.
chopped to a stand. The thermometer has averaged 73, the
highest beina 89 and the lowest 51.
Dallas, Texas.— It has been showery on one d 'y of the
week, the rainfall reaching two hundredths of an irH-h. PlantThe thermome'er has ranged
ing is makmK go<xl progress.
—We
c o ~ tc O" X T ® y a *- -I ® «D -» -^
•JtOCO — •»i;-CO>)M-. OS--JC5TOXtO<OW
-'
'^
:
w
o»
X
Si:-
9
9
9
9%i»l3
Baltimore....
PliUadelpbla.
ress has
^^
CO
?*
c;«MM
i-«
»-M — r-XC:SCOtOOtO'^w'tO*-i'<'— 'Xt
to
^
I
XtO«OVtOXMLTC^C*-C:W<l
nc
i->i^-^iX)to
J..
9
9
9
9
8"i
9
.
..
fri.
9
tinued generally favorable at the South during the week.
The Mississippi "Uiver is now falling rapidly in the vicinity of
Helena and Memphis, and farmers are preparing t') resume
work. In sections not affected by the overflow good prog^
-'
CSX
'
M
CP
:-:
Xi-'-ICC*-*>UQDW3S
'
oi|C.;.
CJ»
-
rf*
V'
•*.
9
lloMle
Savannah
TAwrs.
9
9
Wfather Keports by Telegraph. — The weather has cou»
I.
y-^^"
f-*
i(^
u'
:^i
(
Wtdtut.
be seen by the above that the Increase In amount In fizht
to-nlght. an compared with last year, is 741.7.J7 bale-, the Increase
as compared with l8-'3-i4 Is 732,957 bales and the deui-eaae from
1882-83 Is 412,320 bales.
8?
"J
CO
c
V o
— ono-'ii-'-qcia-.ioctfWj :c-JV(t*.j
ho;™c»3osc;»
ifrcc*-*-^
*-jfc «J
Cl
CO «DCD
J-
Aim.
9
It will
--oi
*•
Mon.
SaHir.
May7
to
tt y»
M
Obo*»o gooTATion roa MiouLma oorroa oa—
Wttk tnding
Northern spinners' takings to
.
.
at all th«
in 1894-5.
fonHnBwtTmc
bales lUnt
day of the past week.
Total In sight
SSI
Mm*
than th«
MJBto
•
(r)7,r>71
Tot. receipts from planta'tns 5,283,02-> 4,742,263 4,761,055 5,842,708
742,113 578,718 546.726 5;.».862
Net overlamt to May 1
279,0.»0
239.000 264.00O 275,000
Southern consnmpt n to May 1
r-c
^
vi^nr,
yUOTATIONH FOR MiDDUNO COTTON AT OTHRB UaKKBT*.—
in the table below we give the olo«inK <i\tottMotm of
middlinc
cotton at .S<jiitli(>rn and other princip»l cotton nwrketo for mmb
•'
Londonstock
579
,1.
X*
]^f"«]
oo'
^^
r
te
from 48 to 90, averaiting 73.
Aust'll Texas.— V/e have had warm and dry weather aU
the week. Young crops look promising. The iherinometer
has averaged 70, the highest being 80 and the li.w.-,.t 53.
2l,
Oi
0506
H
CO;
Luling, Texas.— "We have had no rain all the we^k. Some
*-IO^iOtyiO
**
Average ther.nometer 75,
KTto — cpwrooaoBto
is needei), but crops are good.
to
?co;;,''r«"*>*»-o-»j
*•
CO>Clfr-X'COCtOOCW M a eo X w y CO
highest 90 and lowest 65.
The above wjiam hoiiw tnai the old luieiiur smcKh n,. e
Columbia, Texas.— The weather has been warm and dry all
aecracumd tiiirinu cnK wn«k 19,088 halna and art- tii-niwrnt 128,249 the week. The cr.p is developing promisingly. Toe ther.,
Mlee more than at the same period last year. The receipw ai mometer has ranged from 57 to 86, averaging 75.
I
8;(OK3 '-COS — to
»- ft:c — wo
l-'tigik^
^^
a»
•-•£i'«;
,
aio^
^
•-*
.WOO'- ^Vj
<-*;
acoo>
»oy<;
yi-^.
;
.
CO
mos-^j"-*!
i^-ar-io)
7-
--rii?|
:x^
f^t-l
1
'
^
i
—
,
•*
THE CHRONICLE.
580
[Vol. XLII.
63 'S, the highest being 78 and the
Cuero, Texas.— It has rained splendidly on two days of thermometer has averaged
the week, the rainfall reaching ninety-two hundredths of an lowest 49. April rainfall one inch and one hundredth.
Wilson, North Carolina. It has rained on one day of
inch. Planting is ahout completed in this neighborhood and
yoimg corn and cotton are very promising. The thermometer the week, the rainfall reaching one inch and ninety-five
hundredths. The thermometer has ranged from 53 to 80,
has averaged 76, the highest being 90 and the lowest 56.
have had warm and dry weather all averaging 64.
Brenham, Texas.
The following statement we have also received by telegraph,
the week. Prospects fair. The thermometer has averaged
showing the height of the rivers at the points named at 3 o'clock
73, the highest being 90 and the lowest 58.
Belton Texas.— The weather has been warm and dry all the May 6, 1886, and May 7, 1885.
week, just as needed. Planting is making good progress, and,
May 6, '86. May 7, '85
except where damaged hy hau and wind, corn is good. The
Fiet. Inch.
Feet.
Imih.
thermometer has ranged from'48 to 89, averaging 68.
New Orleans*. ...... .Above low-water mark. 14
1
2
6
neatherford, Texas.— \Ye have had no rain all the week, Memphis
Above low-water mark. •22
5
26
2
thermometer Nashville
and need it. Planting is progressing well. The
Above low-water mark. 19
8
5
8
Shreveport
Above low-water-mark.
6
5
27
9
has averaged 69, the highest being 94 and the lowest 43.
Above low-water-mark. 44
1
40
6
have had no rain all the Vioksborg
New Orleans, Louisiana.— "We
has averaged 70. Rainfall for the
* Now reported above low-water mark, instead ol below high-water
week. The thermometer
mark as prior to October 30, 1835.
month of April, five inches and sixty hundredths.
Bhreveport, Louisiana.—Telegram not received.
India Cotton Movement from all Ports.— The receipts
Columhiis, Mississippi.— It has been showery on one day end shipments of cotton at Bombay have been as follows for
week, the rainfall reaching three hundredths of an inch. the week and year, bringing the figures down to May 6.
this
The thermometer has ranged from 40 to 84, averaging 03.
BOMBAT REOSIPrS AND SHtPMEJITS FOR POUR TEARS.
During the month of April the rainfall reached four inches
Shipments ShiceJan. 1.
Receipts.
Shipments this week
and seventy-seven hundredths.
Meridian, Mississippi. Telegram not received.
This
Oreat
OontiTear] Great Contirear.
Total.
Total. Britain
Week.
nenl.
Leland, Mississippi. The weather has been good during
Brit'n. nent.
the week, but nights too cool for cotton. The thermometer
1886 40,000:21,000 61,000 137,000 385,000 572,000 49,000 877,000
has averaged 66'9, ranging from 47 to 82.
1885 19,000,32,000 50,000 129,000 236,000 415,000!57.000 619,000
Little Rock, Arkansas.— The week has been pleasant and 1884 21,000 24,000 45,000 329,000 4i5,000 774,000i73,000 1,034,000
without rain, except an inappreciable amount on Wednesday 1883 26,000|47,O0Oi73.OO0 2j0,0OO|53l,000 81 1,000| 78.000 1,135,000
night. Farming is progressing favorably with promise of
According to the foregoing, Bombay appears to show a
good stands, as the weather since the first of April has been all decrease compared with last year in the week's receipts of
that could be desired. The thermometer has ranged from 50 8,000 bales, and an increase in shipments of 11,000 bales, and
to 83, averaging 66.
the shipments since January 1 show an increase of 157,000 bales.
Helena, Arkansas.—yfe have had warm and dry weather The movement at Calcutta, Madras and other India ports for
The overflow was as bad as predicted on the the last reported week and since the Ist of January, for two
all the week.
west side of the river, with breaks in levees on the east side. years, has been as follows,
"Other ports" cover Ceylon,
The river rose eleven inches above highest water, but is now Tuticorin, Kurrachee and Coconada.
The
falling rapidly, and farmers are preparing to plant.
thermometer has averaged 68, ranging from 54 to 83.
Shipments since Januarj/ 1.
Shipments for the week.
Memphis, Tennessee. It has rained on two days of the
Great
ContiGreat
rainfall reaching seventj" hundredths of an inch.
week, the
Total.
Total.
Britain. 007iHnent.
—
—We
—
—
—
Plantmg makes good progress.
Average thermometer 65, highest 83 and lowest 51. It rained
on fifteen days in April, and the rainfall reached two inches
and eighty-eight hundredths. The thermometer averaged
C5-07, the highest being 84-2 and the lowest 34 '3.
Nashville, Tennessee. We have had rain on five days of
the week, the rainfall reaching twenty-nine hundredths of an
inch. The thermometer has averaged 64, the highest being 83
and the lowest 45. Rainfall for the month of April two inches
and thirty-six hundredths.
Mobile, Alabama. We have had rain on one day of the
week, the rainfall being inappreciable; Planting makes good
progress, but is late. There are some complaints of inferior
stands. The thermometer has ranged from 51 to 80, averag-
The
—
—
ing
67.
—We have had no rain
Montgomery, Alabama.
Average thermometer 66'4.
all
the week.
During the month of April, the
raiiifall reached seven inches and thirty-eight hundredths.
Selma, Alabama.— It has been showery one day of the
week, the rainfall reaching ten hundredths of an inch. The
thermometer has averaged 68, rangmg from 61 to 83. April
rainfall,
seven inches.
Auburn, Alabama.
—The weather
has been
warm and
dry
The thermometer has
—
73, highest 90 and lowest 50.
Macon, Georgia. —It has rained on one day of the week.
The weather was too cold in the early part of the week, but
Average thermometer
been a favorable change.
Columbus, Georgia. We have had ram on one day of the
week, the rainfall reaching thirty hundredths of an inch. The
days have been warm but the nights cool— so unfavorable
that some seed has failed to come up. Average thermometer
latterly there has
•
Oalontta—
1886
3,000
3,500
1885
"506
38,000
49,500
3,000
4,000
Madra»-
—
25,000
11,500
63,000
61,000
3,000
4,000
3,000
4,000
1886
1886
AU others1886
1885
"ebo
..
....
"ebo
23,000
17,100
13,000
20,500
36,000
37,600
3,000
4.100
"506
3,000
4,600
61,000
70,600
38,000
32,000
102,000
102,600
Total all-
1886
1885
The above totals for the week show that the movement from
the ports other than Bombay is 1,600 bales less than same
week last vear. For the whole of India, therefore, the total
shipments "since January 1, 1886, and for the corresponding
penods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM ALL INDLA.
This
u>eek.
Since
Jan. 1.
\eeek.
Since
Jan. 1.
61,000
3,000
572,000
102,000
50,000;
4,U00j
51,600!
Bombay
AUotherporte.
64,000
Total
674,000
1884.
1885.
1886.
Shipments
to all Europe
from—
the week. Stand of cotton bad.
averaged 63 '9, the highest being 80 and the lowest 45. Rainfall for April four inches and two hundredths.
Madison, Florida. We have had no rain all the week.
all
nent.
Britain.
river is falling rapidly.
This
ThU
Sines
week.
Jan.
415.000
102,600
45.000i
4,500
774,000
158,100
517,600
49,500|
932,100
1.
Alexandria Receipts and Shipments.—Through arrangements we have made with Messrs. Da vies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
lorresponding week of the previous two years.
Alexandria, Egypt,
May
5.
1885-86.
1883-84.
1881-85.
and lowest 54.
KeoJlpts (oantars*)—
3,000
6,000
3,000
This week
Savannah, Georgia, The weather has been pleasant dur2,027,000
3,584,000
2,333,000
Since Sept. 1
ing the week, with no rain. The thermometer has averaged
Since
This
Since
This
Since
This
April rainfall
67, the highest being 83 and the lowest 53.
week. Sept. 1. week. Sept. 1. week. S^t. 1.
two inches and six hundredths.
Augusta, Georgia. The weather hass been clear and pleas- Etports (bales)1,000 212,000
2,000 225,000 2,000 294,000
ant during the week with a rainfall of twenty-two hundredths
Ivi Liverpool..... ....
4,000 182,000 6,000 128,000
1,000 152,000
to Continent
of an inch on one day. Grain is generally doing well but
cotton suffers from cool nights and mornings. Stand thus far
6.000 476,000 7,000 370.000
3.000 377.000
Total Europe
rather poor. The thermometer has ranged from 47 to 85,
A cantar Is 98 lbs.
month of April the rainfall reached
averaging 64. During the
ending
This statement shows that the receipts for the week
one inch and eighty-six hundredths.
3,000 oantars and the shipments to all Europe
Georgia, It has rained on one day of the week, May 5 were
Atlanta,
bales.
the rainfall reaching seventeen hundredths of an inch, The 3,000
Manchester M.iRKET.— Our report from Manchester tothermometer has averaged 61, ranging from 44 to 79.
shirtings is
night states that the market for both yarns and
Albany, Georgia. Telegram not received.
poor; ^o. dJcop
Charleston, South Carolina. It has rained on one day of firm, but that the demand in each case is
shirtings 53. .d.@
the week, the rainfall reaching two hundredths of an inch. twist is quoted at7i^@75gd. and 8M lb.
6s. 7d.
Average thermometer 64, highest 80 and lowest 49.
^.^
,
Stateburg, SotUh Carolina. It rained on one day in the
Overland Movement, &c., to May 1.—In our editorial
68, highest 80
—
—
1
'
—
—
—
—
early part of the week, hut the latter portion has been clear
and pleasant. The rainfall reached tbirty-one hundredths of
an inch. Planting is about completed here, but we have not
secured a good stand. Cotton is coming up slowly. The
.
of
columns to-day will be found our regular statement
overland movement, receipts, exports, spinners' takings, &c,
brought down to May 1.
:
May
THE CHRONICLE.
1880,]
8,
Port Rbceifts and the Boston Movement.— Exception has
been taken to our weekly port receipts, because they do not
come up to the Cotton Exchange total, being htst week 5,783
bales less than the
We had not noticed the differ-
Exchange,
ence until our attention was called to
ined into the matter and find
it
but have since exam-
it,
very easy of explanation.
It
681
Jute Butts, BAaoiNo,
&o.—There haa not been any particular activity shown In the bagglnc market,
and llttfe of
nterest has taken place.
Few iuuuirlee are being made for
large parcel*, and the principal biulnefln Tf^porttxl ia
of a
jobbing character, buyers not caring to lay In aoy larw itoc
any large itock
at the moment. Prices are steady, and aeUers are qaotlng
es
6,Hi@«>ic.forl^lb., 6^4'
?i@7c. for 15i lb., 7W@7;Vc. for 2 lb!i
8M@8>Jc. for standard grades. Butu are Inlight reqoeat, and
i
seems that the Cotton Exchange has been accustomed to
include in
figures about all Boston arrivals wherever they
its
come from.
week Boston received by sea
The Cotton Exchange, on some principle not
For instance,
bales.
6,301
last
easily understood, calls those arrivals
by water original
receipts,
on spot is 45,500 bales, while the ahipmenta are 281,46JS balei
which give a visible supply of 276,965 bales, against 808,888
same time
bales for
last year.
SHipnNa News.—The exports of cotton from the Unitsd
?i*^ u P*^ '^eek, as oer latest mail returns, have reached
,
and incorporates almost all of them into its total, whereas 67,763 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
every bale of it came from some other port, and had been the Chronicle last Friday,
'with regard to New York we
already counted. A part of the week's railroad arrivals at nolude the manifests of all vessels cleared up to Thursdar
night of this week.
Boston were also shipments between ports and not original
receipts.
We
them
believe
have carefully revised our
own
figures
and
to be in all respects correct.
East India Chop.— From
report, dated Bombay, April
Messrs.
2,
& Cc's
Gaddum, Bythell
we have
the following
:
" As we anticipated, our receipts this week sliow a considerable falling
coiu pared with last week, and as supplies In tlio up-couutrj- market
iiave a>rain been small (owing to marriage festivities, ice, amonjc the
cuItlvHtore), It is probable that next week's receipts will not show much
Inorensc. The shipments to Europe, howevor, continue on a free scale,
and arc this week, in consequence of the completion of March shipments, larger than usual, amounting to 56,800 bales, or 1,700 bales In
excels of the receipts and the shlnments to China and Calcutta are
also unusually heavy— 4,400 bales for the week. After allowing for
local consumption, our stocks are consequently redu.ed by 14,000
bales.
" Receipts in the Dhollera districts are still very small, and do not
increase so rapidly as was anticipated. Quality has so far been satisfactory, but fine is expected to be scarce tills season
Reports as to the
shortness of the Dhollera crop are still current, and few people now
look for a yield of more than 7S per cent of a full crop, thongh later on
more favorable estimates may perhaps be received. Broach contiuues
to come in freely, and quality keeps up
Samples of new Tlnuevelly
and new sawginned Dharwar liave been re;eivea this week the quality
of each is excellent.
oft'
;
;
" Our market has been quiet throughout the week. The business
transacted for export has been extremely small, quite Insignicaut in
fact considering that we should now l)e ai the height of our slilpplng
season but prices are well maintained, and show no margin, but generally a loss, on any limits received from Europe."
^^
NEW YORK—To
Liverpool, per Rt«ameTs Britannic, 2,356..°*'
Chicago, J, 564.... Nevada, 1,719. ...ServU, 1,457
....ThcQueen. 2,404.... Utopia, 3,191
13 187
...
To Leith. per steamer Critic, 500
'500
.'.
To Havre, per steamer St. Laurent, 1,308
1 303
To Bremen, per steamers Main. 450
'" I'lOO
Sailer, 650
'
To Hamburg, pcrsteam-rs Bohemia, 1,163. ...Polarta, 3 '
Westphalia, 150
1321
.'.'.'.'.".'..'."".1'.".'
To Amsterdam, per steamer Zaandnm, 500..
'600
To .\ntwerp, per steamer Belgeuland, 909
009
To Genoa, per steamer Cireassla, 74
74
Sew Orleans—To Liverpool, per steamers Costa Ric«n,'5,2l6
Counsellor, 3,717
Discoverer, 3,004
11 931
To Reval, per bu-ks Otac Niko, 3,6C5....Precl08a, 2,500
6 165
To Malaga, per bark Maria Christina, 1,100
J 100
'..
To Genoa, per bark Aiciduca Rodolfo, 2.118
2 118
Wilmington— ro Havre, per lirlg Oi-nc, 1,015
1,015
NORFOLK— To Liverpool, per bark Ruth Palmer, 4,629
4,625
Newport News-To Liverpool, per steamer Emlllano, 499 ....
499
BALTIMORE—To Liverpool per steamers Baltimore, 8,061....
Nessraore, 2,672
6,733
To Bremen, per steamers Lelpz'g, 639
Weser, 1,753
2,442
Boston—To Liverpool, per steamers Bnlgarlnn, 2,355
Catalonia, 2,213. ...Iowa, 2,782. ...Kansas, 3,189
10,939
To Annapolis, per steamer New Brunswick, 40
40
Philadelphia- To Liverpool, per steamers British Princeas,
1,058 ...Indiana, 914. ...Ohio, 655
2,657
atytf
'.
Total
,„
67,763
particulars of these shipments, arranged in our usnsl
form, are as follows:
The
Amsterdam,
;
Comparative Port Receipts and Daily Crop Movement.
—A comparison of the port movement by weeks
is
not accurate
vool.
New
York. 13,197
N. Orleans. 11,931
Wllmingt'n
weeks in different years do not end on the same day of
the month. We have consequently added to our other standing Norfolk....
tables a daily and monthly statement, that the reader may Newport N.
constantly have before him the data for seeing the exact relative Baltimore..
movement for the j'ears named. The movement since Boston
PhUadelp'a
September 1, 1885, and in previous years, has been as follows.
as the
Bremen inltt Ham- werp it
Liver-
Havre,
1,308
Year Beginning September
Rtetipta.
1884.
1885.
1883.
i
1882.
Bept'mb'r 385,642 345,443
343,812 326,656
October.. 1,055,524 1,090,385 1,046,092
980,584
ovemb'r 1.033,552 1,122,164 1,030,380 1,094,697
Deoemb'r 1,069,920 1,104,211 1,059,653 1,112,536
January
543,393 475,757 487,729 752,827
February.
414,656 261,449 385,933 595,598
Harch... 283,645! 163,503 241,514 482,772
April....
202,866 103,375
111,755 284,519
.
1.
1881.
1880.
429,777 458,478
853,195 968,319
974,043 1,006,501
996,307 1,020,802
487,727 571,701
291,992 572,728
257,099 476,582
147,595 284,246
Total
5,039,198 4,666,289 4,706,873 5,630,189 4,438,235 5,3.59,356
Pero'tage of tot. port
receipts April 30..
93-53
9769
9704
9402
9123
This statement shows that up to April 30 the receipts at the
ports this year were 372,909 bales more than in 1884-85 and
332,3-25 bales more than at the same time in 1883-84. By adding
to the above totals to April 30 the daily receipts since
that time, we shall be able to reach an exact comparison of
the movement for the different years.
1885-86.
1884-85.
1883-84.
1882-83
1881-82.
1880-81.
Tot Ap.30 5,039,198 4,666,289 4,706,873 5,630,189 4,438,235 5,359,358
May 1.
3,9701
2,633
2,602
8.
6,634
5,284
2....
8.
1,247
3,841
5,531
6,013
11,062
3....
6,983l
8.
1,548
7,363
3,235
7,496
4....
990
5,843|
8.
10,953
3,916
7,317
5....
7,141
1,5911
3,384
9,482
4,894
7,434
6....
5,330
658
2.992
8.
6,798
3,759
7....
9,874
1,814
1.2,57
0,174
8,237
8.
I
Total
5,078,348 4,675,222;4,722,500|5,676,341 4,469,924 5,403,057
Percentage of total
port reo'pts May 7.
97-89!
97-36
94-31
91-97
94-70
This Statement shovrs that the receipts since Sept. 1 up to
to-night are now 403,120 bales more than they were to the same
day of the month in 1885 and 355,848 bales more than they were
to the same day of the month in 1884.
add to the table
the percentages of total port receipts which had been received
to May 7 in each of the years named.
We
1,100
ToUU.
18,899
31,314
IfOlo
4,625
1,015
2,118
••<>••
6,165
• ..•>
..^...
•-•«.
>..•••
4,625
499
499
5,733
10,539
2,657
2,442
8,175
40 10,579
2,697
Total... 49,171 2,333 4,8G3
Included In the above total from
UontMy
Anna-
burg. Retal.Malaga.Oenoa. polii.
1,409 ......
74 „....
2,121
6,574
1,100 2,192
40 67,763
York are 500 bales to Lelth.
New
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
Galveston— For Vera Cruz— May 1— Steamer Harlan, 912.
New Orleans—For Liverpool -April 30—Steamer Pontiac, 2,450
May 1— Steamers American, 2,475; Lassell, 3,875; Uarlner, 1,737
May 4— Steamer Puerto Rlqueno,
For Havre— May 1— Steamer Nantes, 3,971.
For Antwerp— May 1— Steamer Nantes, 265.
.
Mobile— For Liverpool— May .5-Bark Mora, 1.985.
Savannah— For Lherpool- Mar 5— Bark Eugelbrceht, 2,503.
For Eeval-.May 3-Bark Medbor. 1,713.
Norfolk— For Llveri'ool— May 4— Ship Senator, 6,363.
Boston— For Liverpool— April 28— Steamer Cephalonla, 1,100
May
1— Steamer Eom:in, 2,73S.
For Halifax— May 1— Steamer Worcester 100.
For Annapolis— May 3 — Steamer New Brunswick, 40.
Baltimore— For Liverpool-May 1— Steamer Oranmore, 1,599. ...May
3— Steamer Caspian, 3,294.
4—Steamer Illinois,
For Antwerp— April 27— Steamer Nederland, 54.
Philadelphia- For Liverjiool— May
.
Below we give aU news received to date of disasters to vesBoIa
carrying cotton from United States ports, &c.
Utopia, steamer (Br.), from New York for Liverpool, groupded P. M.,
May 3, olT Rod Hook, Brooklyn, X, Y. She was lightened of part
of her cargo, but remained P. Jl, of the 4th.
Cotton freights the past week have been as follows:
Hon.
FUM.
Wedntt.
nun.
m.
Il84
>»M
"f4
"64
»»64»»ie
"m»»i.
....
....
....
....
....
...•
Satur.
Liverpool, steam d.
Do
8all...<i.
Havre, steam.... c.
Do
sail
e.
Bremen, steam.. e.
Do
....
....
-••
....
....
*•••
"»s
"SD
"as
»ss
"s»
"m
....
-•••
..M
«ia
»18
»18
»18
•x«
•w
eaU....e.
Hambnrg, steam.o.
Do
5ie«"M5l6«"««>l6»"M •i8«»S»»1««"m »1««"«1
sall....e.
Amst'd'm, Bteam.e.
.••
....
32>fl'
...
32V
....
32
V
....
32V
....
32V
....
88V
....
....
....
Do
-...
....
>••
aaU...o.
Keval, steam. ...<f. l3j4»73jU^a7„'134«»TM "riS'ss »»e4»Tai I»M»T»»
....
....
Do sail
....
•••
• «•
e.
• >M
»«»»»9 H*ha
*«»»»«
>«••»
Baroelona,st«am.e.
^
••••ss
e.
Genoa, steam
^i«"m iniit. !«9»"m hitiHi >8»»»«1 ^•»»M
•4
>«
Trieste, steam.. .e.
Vt
H
H
H
%»''«4
>«»»84 >«»*«4
Ajitwerp, 8team..e.
'«»»84
>«**84
»(M
—
•
Per 100
lbs.
.
.
.
.
.
.
THE CHRONICLE:
582
LiVKKPOOL.— By cable from Liverpool, we have the followjng
statement of the week's sales, stocks, &c., at that port, we
add previous weeks for comparison.
May
April 16 iprll 22 April 30
7.
tlie week
Of wMpti exporters took
Qt wliicli speculators took..
Bales Auiencau
82,00(i
45,01 lO
74.000
3,0l-ii.
2.0''0
8.1)00
61,00i.
2,000
34,00v
Actual export
5,000
14,000
4,00<
8,00(
2.000
7,000
59,000
3.000
15.000
649,000
473.000
1U4,000
72.000
233,000
147,000
—
bales.
Bales of
Forwarded
Total stock— Estimated
Of whicli American— Estim'd
Total Impurt of the week
Of wliich Americau
630,000
468,00
45,000
Amount
234,00C'
40,00<
240,0l^
145,000
151,0(0
-..--
.tiiOat
634,000
466,000
57.00fi
•
43,00C.
Of which American
The tone of the Liverpool market for spots and futures each
day of the week ending May 7, and the daily closing prices
of spot cotton, have been as follows;
aamraay
llpol.
Market,
12:30 P.M.
ilontUi.y.
Tuesday
Wettnet. Tkursd'f/.
Freely
Active.
Quiet.
5I9
53,6
53,8
514
53i«
5=4
£3,6
514
6S16
10,000
1,000
15,000
1,000
10,000
10,000
1,000
12,000
10000
1,000
1,000
Steady at
Bales
Bpec.&exp.
Futures.
Market,
12:30P.M.
Barely
steady
Steady
at an
advance.
Quiet,
Steady.
500
de-
l-ti4
cline.
Barely
'y
Barely
stead V
1
sieady.
Steady.
Barely
Barely
steady.
Dull.
Flat.
offored.
steady.
highest, lowest and closmg prices of futures at
These
Iflverpool for each day of the week are given below.
prices are on the basis of Uplands, Low Middling clause, unlets
otherwise stated.
The opening,
»ai.
May
Hon.,
1.
May
Hio^'
Low.
Cloit.
4.
d.
d.
It.
*.
5 07
5 07
5 0>
5 10
5 12
6 08
6 08
5 08
5 08
5 10
608
5 07
5 07
5 08
512
513
12
5 07
5 07
5 08
5 08
5 11
5 12
5 08
6 04
5 03
it.
May
May -June...
5 07
5 07
Jane-July..
July-Aug..
AuK.-Sept..
September..
508
310
5 12
5 13
5 07
5 07
sort
S 10
5 12
5 13
Sept.-Oct,.
SOS
5(j8
Oct.-Nov..
6 04
5 01
Nov.-Deo.
513 5 03 503
5 07
5 07
5 08
510
5 12
5 13
5 08
5 04
Wednea..
513
SOS
6 08
6 04
5 04
6 03
5 03
May
5 08
5
6
5
5
10
13
08
5 04
5 03
Thur*.,
5.
May
Low.
'Jpen Higfi
4
607
5 06
3 07
506
11
5 10
12
511
08
04
6 03
5 08
5 03
6 02
5 07
5 07
5 08
SOS
510
511
SOO
5 09
5 10
3 06
5 03
5 02
5 02
6 01
May
Frl.,
6.
Clot.
5 06
5 08
6 07
5 08
5 09
5 10
5 08
5 02
5 01
7.
Bifjrt
Low.
Clot.
Ortn His* Low.
DA-ILT OLOSINO PRICES
d.
May
May-Jnne...
June-July.
Joly-AuK..
Aug.-Sept
September..
Bept.-Oct
ct.-Nov
KOT.-Dec.
.
5 08
8 (8
5 09
5 10
4.
5 07
5 08
507
6 07
5 07
6 09
5 10
6 09
508 6 0S
508
509 5 09
511 511
312 512
SOS
5 07
5 08
5 08
6 08
!
6 09
5 10
I
5. .7
I
611 5
II
S 05 5 05
S 02 5 02
5 01 15 01
I
5
1
5 05
5 02
!
i
6 10
5 11
5 05
d.
3 08
5 03
5 02
5 01
5 06
5 02
5 01
5 06
08
08
08
09
5 10
0;i
6 06
5 02
5 01
6 01
5
d.
d.
6
5
5
5
5 08
5 0,S
6 08
5 09
5 10
5 08
3 02
5 01
Open
1
Low.
Hi0/i
Hon.
Man.
46'3
46 >3
4."'58
4.'.58
46)8
46^8
46
46%
Sat.
En elevator
May delivery
y
June delivery
y
July delivery
/
August delivery
rerv
4.
d.
5 08
506
5u7
5
06
5 06
5 07
SOrt
606
618 6 08
669 SOU
5 07
5 09
5 10
5 07
5 09
5 10
3 04
5 10
5 05
501
5 10
5 03
5 01
d.
604
6 01
5U1
SOO
generally
much
Supplies
less urgent.
less
'
46%
4
47I4
47 14
47
4612
4638
46'-3
4
i7\
47^
47%
and
47
4
prices unsetlled
show no material increase, but the demand
The market was to-day dull and weak.
DAILY CLOSINO PRICES O^ NO. 2 OATS.
Hon. Tue.t.
Wed.
Sat.
MaydoUrery
ZHhs
36^
36
36
Tliurs.
36
Fri
36 Hj
35^8
36%
31.53
JUTie delivery
August aeliverv
36%
35%
3Uia
....
32%
Birley is nominal
36
3.1^
Rye has been
*Vt.
47 H
4739
48
47ifl
47
461^
461a
4719
47^3
Oats have been
drooping.
46%
47^4
47^
active, and
4ti58
47I3
47 13
471^
471s
46 13
46^3
46I2
461o
461a
46>a
quiet, but closes steady.
Barley malt is depressed by the strikes.
The following are the closing quotations:
FLOOR,
Wbbl. S2 30» 3 20 Jouth'n com. extras.. ^3 509
2 65a 3 50 Southern bakers' accj
family braudn
4 00 •»
3 "Zb* 3 75
Miim clear ami stra't. 3 8,") a 5 J Kya Hour, superHne.. 3 25i»
Wiut^rshlpp'KextrdiS. 3 404 3 90 Ojrn meal2 40ff
Western, Ao
Winter XX ck XXX.. 3 no* 5 00
Brandywlne, &c...
O
4 7.>» 5 50
Patents
3 00» 3 40
Southern supers
Flue
3
90
Superflue
Spring wheat extras.
5
00
50
3
2 85
2 85
GRAIN.
Wheat8priuKNo.2
Rod winter. No. 2
a
90%
»
82
85
Red winter
White
R/e— Western
a 07
82
91
tiprlng,per bush.
a
«
9
61
State and Canada. .. 64
Oats— Mixed
36
s
White
3i)
»
No. 2 mixed
92
92
98
96
3714 »
63
66
39
45
38%
No. 2 White
41 9 421^
»
11 9 48% BarleyUngraded Canada.. 75 » 85
47%* 48%
45 ® 49
Barley Malt95 ®1 05
Canada
45 a 49
State, two-rowed... 75 -9 80
48 9 53
80 a 90
45 a 49
State, six-rowed
West. mix. No, 2
West, wliite
West, yellow
White Southern
Yellow Southern.
.
The movement of breadstuSs to market is indicated lu the
atatements below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Western
lake and river ports, arranged so as to present the comparative movement for the week ending May 1, 1886, and since
July 26 (or each of the last three years:
Com.
Flour.
Wheat.
,£tu?l.80 Ibo
83.159
66,348
5.950
4.046
4,155
18,928
71,114
70,236
38,327
36,105
2,500
144.569
7,0b0
181,177
896,900
Chloago
Milwaukee..
Toledo
Detroit
Cleveland ...
St. Louis.
1,275
Peoria
Duluth
Buah.t6
U,g
Hve.
Barley.
Oati,
Clot
5 07
5 07
5 07
5 07
U
OP HO. 2 MIXED OOBN.
Tues.
Wed.
Tliurs.
T
4534
45?i
BbU.imibt
C,o»
the close
easier,
tuteipt* atr-
O|f0n
unsettled, full fupplits being antici-
summer months, and
Corn— West, mixed
3 07
5
5
5
5
4.
4.
5 07
5 07
5 08
SOU
I
May
Tuea.,
3.
Open
Open R\m: Low. Ctoa
months declined and were
pated during the
Fndai,
Fully
business. maiut'aed
Fair
[Vol. XLII.
Indian corn has been quite irregular. The large quantities
that have proved unsound have caused a scarcity in prime
eamples on the spot and for May delivery, and as only these
would be taken for shipment the moderate demand was sufThe more distant
ficient to cause a smart advance in prices.
became
Finn.
Mid. Upl'de
Mid. Orl'ns.
Market,
5 P. M.
.
.
Bwih.32 Uw Bush.
m
lbs
jsuthM Uk
9,950
827.350
70,080
789,760
40.138
10,280
41.885
18,000
138.128
284.680
99.1!0
12,292
1,500
20.979
3,000
27,019
24.78»
37,814
14,880
248,244
47,996
16.556
7,280
4,563
S,0<»
7,200
:
5 01
.....
BREADSTUFFS. May
F M
Friday.
for flour
demand — only a slow current trade to supply
itamedi^to
—and yet the i-tnUts upon the railroads at Chicago ma
needs
supfuture somewhat uncertain, and caused
receivers to refrain from pressing sales,
f ae close to-day is
barely steady.
The speculation in wheat was for several days nearly at a
ie
plies in the early
651.108
1,822,008
1,31 7.W1
'86
2t6,3M
1.1
149,199
716,590
451,S2;
1.17a,410
'84
892.121
],403,ii68
171,130
150,901
165,719
2"
IS85-86.
1886.
7,
and meal have been nearly at a standduring the pist week. There ha< noen no important
The markets
still
.
178,859
8,800,1 4
19,8'<5,0S1
74705,99.'
45,997.507
19,328,398
2,509,982
I8.M-85.
I
««
Same wk.
Same wk.
5 00
Tot. wk.
Since July
.
7,905,14'.
90,4ti9,B71
7t>,28:i,a34
4B,2^O,0l>7
I5.8)4.8<i3
4,-259,6l5
IKS-Si.
7,193,10.
61,,J71,9iS
90.4H5.94c
49,9=6,45„
16,ls;.01i
8,288,898-
45,307
53,S89'
tluur and gram at the seaboard ports for the
1, 1886, follow:
Brtrl' y,
Corn,
Oats,
Itye,
Wknal,
Ftnurf
bush.
bush.
bush.
bush.
bbls.
bush.
134,
40,150
30,900 404.300 IS.HSJ
89,340
lin./yj
o,^-5
4U0
a5,.os
ti. ,661
o*, z )
The receipts of
week ended May
At—
New York
Boston.
........
P,>i'bici.UU
....
......
Baltimore
Richmond
48',s60
l,86tt
-
Pulladelplila...
500
8.100
14,691
32,149
20,773
78
ll,3il
13.678
33,762
Montreal
47,600
275,828
5,473
53,0. .5
355,a.o5
27,a07
"ado
15.254
6,450
2,5 49
370
15,odd
New Orleans
owing to the riots at Chicago, but on Wednesday a
7.354
194,662 811.426 61J,958 22.7r4
220.3 S3
Totilweeic
heavy felling movement took place, and prices declined Cor. week '85 3 '4.191 699,237 655,938 415,775 62,350 4,668
sharply, especially for early options. On Thursday a large
The exports from the several seaboard ports for the week
business was done for export, which caused a temporary ending May 1. iH86, are shown in the annexed statement:
reaction, but the cluse was at the lowe-it figures of the day.
HxiiorUi
Peas.
Oats.
Sye.
Corn.
Flour.
Wheal.
from—
To-day there was a further demand for export, and the
Bush.
Bush
advices from Greece caused a partial recovery in values,
Bush.
Bush.
Bbls.
Hush.
2.002
4'<5
2,1.50
40,472
8,534
541.593
but the close was dull. The business has embraced large lines New Tork 327
16,428
52,358
12 1,439
65,096
64.0t9
Boston.
30,75&
12,135
82,51.
5,206
to come forward for shipment from Newport Nnws, includ- Portland
244,0.10
N. NeWB
ing No. 2 spring at 903^c. Crop accounts have continued Philadel..
18,<.0ll
2.815
77,732
.
standstill,
generally favoiahle.
DAILY OMJSINO PRIOSS OF NO. Z RED WINTER WHEAT.
Sat.
TufH
Wed
Mon.
Thurs.
In elevator
91%
9i
giH
gi-o
Q\H
May
deli verv
9138
June delivery
92%
92%
92%
93%,
July delivery
Augusuielivery
Beplemher delivery
Deoeniber deuvery
...
96'a
93%
91%
P2%
92^
92%
93%
9608
196%
QO^a
Dl'e
92^4
92I4
Baltim're
6 5.7o9
30il,472
12,785
355
5,940
684,216 1,872,273
132,669
66,643
8,591
49,188
437,-9- 1,393,900
185,433
178,578
10,181
43,073
We
add the
112,413
M, Orl'ns.
Rlchm'd
Fri.
DIU
91%
WV%
90%
ul
n^
9i:38
9l>4
9v:%
9338
SB's
91%
Total w'k.
8'me time
gi'g
91
9i
92%
96
sesg
1885.
Tue
dek^MDati.
n
tiie-c
oon-esponding period of
Bxpurta 18 a^ oeiow.
year for comparison.
last
'
:
May
THE CHRONICLE.
1886.]
8.
Com.
Wk*at.
riour.
ruled very quiet, other than cotton AanooU
Krporlt
farwetk
to-
Vtek.
itay 2.
trerk,
1.
iltti/
Uay
BMf
Bbit
Cn.KInK
74.496
M.iilii
B..v<"..^iii
In(llt<»
20.374
13,1,S1
9,ftb«
1I.U81
13,i.;9
1886
IRRS
Week
1.
B«»*.
4iS.«S7
225,379
130.254
Coutlii'ui
18B5.
1886.
Week.
181^5.
ISflO
Werk.
Miiy 1.
Week,
Hiiy 2.
May
2
I?H»*.
2K.B29
8,812
W.
erlt.col'H
Olb.c'u'tM
l,2',).'^.
501,197
3.2.'S4
21,212
5,775
2,100
60
•'..977
502
400
664,216
185,430
132.669
Total..
»><•*
243, 1,242.621
12:1.229
ButiK.
261,723
173.015
30
437.79H 1,872,273 l,39j.900
week's movement to our previous totals we
have the following statement of exports this season and laut
season:
By adding
this
Whtau
now.
Com.
BS/OrU
Bunk.
Bmh.
muh.
Un.Rtn^dom
S,'-W1.881
4.453,817
9,93rl,9»3
20.016,927
29.774.(123
86.050.564
Continent ...
B,4C. Am...
97.n'<»
17.039.063
13.7SI1.713
9.033.838
S.i8.1
48.433
rsi.Tsii
5.I0U
1,000
Bnt.Col'nles
S»T.4B«
14(1
Oth. c juntr'8
80,830
25
31.885
23.071
8i5..W7
221.077
75.178
46,648
957.1189
Wi>9t Indies.
895.559
514.898
690.830
398.239
6'-'. 434
9,4 17.098
5s:i.«a4
"I.BIS^WI
fl.30l.13I
16,399.810
87,183,639
41,074,310
37.398.714
Total
»u«h.
OlilJ.
fl6>.
293.591
68.1.S3
78.109
m
granary
supply of grain, comprising the stocKs
•t the principal points of accumulation at lake and seaboard
{lorts, and in transit by rail and water, May 1, 1886;
Oau,
Xye,
Barley
Com,
Wheat,
buth
bttsh.
tniiik.
bush.
bush.
In itore at-
The
visible
Do
970,504
15,370
23.300
J, 162,555
220,317
101,0(.3
36,000
1,873
3'/,6o6
10,206
65.643
6.100
15.000
96.643
11,035,352
1,313.687
2,500
455,897
136,759
54.884
3,252,739
Hew YoiK
556
16,047
t!4,491
3,838,257
afloat
Albany
1.500
2,541,417
Buffalo
Do uQoat
CbloaKO
Do
afloat
Milwaukee
Do
800
afloat
tnlutU
Do
7,440,485
afloat
124,,5-21
1.556,672
1,6^5,878
90,000
880.262
130,000
102,273
Toledo
Detroit
Oeweso
Bt. LoiUs
Cincinnati
Boston
Toronto
Montreal
1,8.54,560
81,395
8.000
124,023
Phlladelpliia
Peoria
Indianapolis
82,4i-5
Kansas City
Baltimore
Minneapolis
St. Paul
Down Mississippi
Ou Inkfs
On canal
1,221
353,753
369,664
4,589,923
987,000
1,5^2,962
881,000
5,936
41254
33,641
40,000
66,178
5,000
14,923
27,000
1
956
730
41(>.425
906.969
431,927
May
496,260
60,701
35,0(0
514
f 8,049
134,443
34,200
1U3,853
189,524
170.500
1,833,140
132,800
187,810
61,154
242,402
19,025
31,186
9,066
16,665
458
474
610
4,S73
43,560
396,390
3 13,898
May
!01,fl66
Tot.
"
Tot MiiV
Tot,
'
May
ii5.016
30.000
20.235
7o,9.!d
Tot Apr. 24.
Tot.
184,700
14,831
351700
57,390
1, '86. 43,248,717 11,708,124 l,fil4,901
'ha. 44..'i49,960 13.588,611 1,049,806
2. 'a5« 39.461.278
8,382.422 2.235,317
'84* 21,139.290 12. 12'', 123 3,(175.659
3,
5, 83' 20,707,249 16,168,398 4,667,143
(in which th«ra
were large transactions for later tlellrerjr) and certain makaa
of brown sheetings and colored coltoni, for which there w«i a
fairly good demand by converters, cutters and the manufacturing trade. Print cloths were fairly active and daarar,
extra OtxOli having advanced to 8)^0., with conild«raU«
sales of both "spots' and " fiitiire.i ti A'igiiit " at these
HgHr «. S'o^ks lait Uatnrday and for th« throe pravloiu years
were as follows
May
18n6.
FkU Klver mauuriioturerH..
Provldeace specaln'nrs
Outside speoulstors (eat)
691,335
57ii,uS0
4S5,0OO
330,000
324,000
275,000
216,000
285,0"0
75,000
138.000
102.000
SI 5,000
75,000
391,000 1,364,000
liy l*rnvlil«iico tiiiiiidfrs
Jfni(2,
188.V
99,000
42,000
235.000
15.0)0
Stnek of Print Clolht—
Held
Total stock (pleceo)
1885-88
1884-85.
ISB5-80
1884JW.
U>iua. 24 tK Alto. 8S (0 Alio. 81 t" au«. 9SM Ant. 84 tn MUD. 85 (
May 1.
Mil!/ 1.
Ua\i 2.
.V-il/
May 2.
2
1.
.W.IK
18M^3.
18«5-8fl.
583
782,000
630,000
t,
itay
3,
l0(<4.
206,'>ro
Jfuy B.
11*83.
Printed calicoes remained quiet, but other printed fabrics, as
lawns, batistes, foulards, satiene, <%c., were in fair demand
at first hands and modera'ely active in jobbing circles, as
were woven cotton wash fabrics, as setrsuckers, ginghams,
Prices for fancy prints favor the buyer, but other printed
(fee.
fabiics are steadily held, as are nearly all woven cotton dress
fabrics.
Domestic Woolen Goods.—The demand for men's-wear
woolens has not been satisfactory, and the unsettled condition of labor matters has even led to the cancellation of
some outstanding orders, clothiers having adopted this action
because of their belief that consumption will necessarily be
impaired by recent strikes, &c. The demand for cassimeres,
worsteds and overcoatings was mainly confined to a few
specialties, and transactions were light in the aggregate, bat
there was no shrinknge in valuer of desirable makes. Cloakings were only in moderate request, as were Jerseys and stockinettes.
Kentucky jeans and doeskins were lightly dealt In,
and while considerable deliveries of satinets were made on
account of back orders, new business was strictly moderate.
Flannels, blankets and carpets were severally quiet, but prices
remain steady and unchanged. Soft-wool dress goods, tricots
and ladies' cloths were taken in small lots for freshening assortmento, and there was a moderate business in all-wool and
worsted dress goods for prompt and future delivery. Very
fair orders were booked by the commis!>ion houses for wool
hosiery and heavy shirts and drawers, and leading makes are
largely sold to arrive.
Dry
Goods.
— Importers
have experienced a fair
but foreign goods
were generally quiet in first banas, and the jobbing trade was
hardly up to expectations. The most staple goods are held
with a fair degree of firmness, but such fabrics as are subject
FOKEIG.N
demand
for a
few seasonable
specialties,
to the mutations of fashion are easier, as usual at this stage
of the season. Large quantities of laces and embroideries were
disposed of through the auction rooms at fair average prices.
Importations of Dry Goods.
The importations of dry goods at this port for thewefk
ending May 6, 1888, and since Jan. 1, and the same facts for
the corresponding periods are as follows:
525,155
73i,293
1,468,732
1,784,097 1,020,>J00
Minneapolis and St Paul not inoloded.
is.
:
p;
S:
s;
THE DRY GOODS TRADE.
New York. Friday, P. M., May 7, 1988.
Business in commiesiou and importing circles continued
light the past week, under the depressing influences of libor
troubles in some sections of the country and riots at such
distributing points as Chicago and Milwaukep. There was,
however, a fair demind for some of the Western, South-
li
B:
Vo
COOD
—O
hS to
M (3 to
CCQD
COO
MW
MOS
•-"-MUM
1^ c;t
<lyip:p:-l
OS OO — aiwestern and near-by markets, which resulted iu a couaiderable
movement of certain seasonable fabrics, and the volume of
oo
transactions, though diminished by the causes referred to
_*- —
above, was fully as large as could have been reasonably
'.CW
X j;
expected under such adverse circumstances. The jobbing
bo
trade was by no means active, but a pretty good business for
the time of year was done in this market, and a like condition
If..© — KOO
of affairs has existed at many of the interior jobbing centres, CO
XW'-'WX
w
accounts from such points as St. Louis and Kansas City having w
been more favorable than for some time past. Reports in
CXSt
regard to the crops are very encouraging, and there is conse- b
^ki:doo-4
o
quently a cheerful feeling in the trade, the belief being
generally entertained that a decided improvement in busineds CI WW
will be developed as soon as an adjustment of the present
M*W
o:qo
labor troubles can be effected. Values of manufactured goods
tO*4
are substantially unchanged, and it is almost certain that to M
stocks in the hands of distributers are so light that such slight
p
Kl4c'-'ai
accumulations of staple goods as have lately accrued will find
C" cc #* — JO
<cto
OiO toai-oa ready outlet in the near future.
— MM
Domestic Cottox GtOODS. The exports of cotton g(xid8 for
the week ending May 4 were 2,937 packages, including 1,465
oD-^xcnM
to Clreat Britain, 5G0 to Brazil, 185 to Mexico, 153 to U. S, of
QOCOl — W
CO
>j a
C. M IC -J Ci
a_
Colombia, 93 to Venezuela, &c, At first hands staple goods '
CO
I
WW"- to
lOi-'
o cc r^ o ->
COO-I-- 'I
'-'
t;» •,©
pb. >-« Off
M V- » — 1*
W F- — —
C. lb
OC
I-"
w*^K'*i.*:;»
MMtaiow
Vow*— b?o
wxcsxo
00
CO
o
I
;
OX
v^jr.'^i
QtoVob*'
-3
M
I
cnta
Ota
h-
Cd— tOtOW
wu
to 91
owcvu
46,725 34.102 59,945 67.937
—
t-t
)^.
lo'iU
too
coOc«tao
JlOO
M>-*OWU
Ct9M
w
OJQD
MMMtO
tO'v4i^OC.-f
0'» »*»»a
wpiMQoao
b—"ocsb
KUMft54
oowcc^i
it^
to
VO'C X
(BW
•2
131.678
JD
"^
;
;
;
Special Master's
Foreclosure
East Tennessee Virginia
Georgia Railroad.
By
virtue of a decree made on the 17th day of
1886, by the Circuit Court of the United
States of the Eastern District of Tennessee, in the
cause of the Central Trust Company of New York
against the East Tennessee Virginia & Georgia Railroad Company et aU and confirmed by the Circuit
Courts of the United States for the Districts of
Georgia, Alabama and Mississippi, I will
March.
the 25th day of May, 1886,
EnoxTille, Tennessee,
Autauga County, Alabama,
2,
pages 71
In
Deed Book K,
Whitfield County, Georgia, in
Book
Hale County, Alabama,
Summer County, Alabama,
8,
pages 739
Book
pages 243
$300,000
:
NEW YORK
OFFICE:
BROADTTAY.
NO. Ill
D. J. TOMPKINS, Secretary.
Nbw York directors—Josepli W. Drexel, A. L.
Bopklns, H. Victor NewcomD, John Paton, Daniel
Torrance. Kdw. F. Wlnslow, Erastus Wlman, F. P.
Olcottand J. E. Pulstord.
FIDELITY
Nos. 214
&
216
CASUAIvTY CO.
&.
BROADWAY, NEW YORK
et
in
11,
•
•
ALSO.
AT THE SAME TIME AND
I will sell all the right, title and interest of
said E:ast Tennessee Virginia A Georgia Railroad
Company, the Tennessee State Line Railroad Company, Samuel Thomas, and the other parties to said
suit, in and to all the property described in said decree of March 17th, 1886. to which reference is here
made; being all the property described and set forth
in three certain deeds of indenture of mortgage or
trust, executed respectively on the 1st day of March.
1883, the 1st day of April, 1883, and the 14th day of
October, 1884, and recorded In the public registries
of deeds and mortgages in Tennessee and Georgia,
as follows
James County, Tennessee,
pages 78
in
Deed Book No.
3,
tt aeq.;
Whitfield County. Georgia, in
Book of Mortgages
A, pages 431 et seq.;
Catoosa County, Georgia, i« Deed Book F, pages
TERMS.
The sale of said property will be made upon the
following terms, to-wit
First, The purchaser or purchasers will take the
property subject to all existing prior valid liens
thereon
Second, No bid for less than ten million dollars will
be received
Third, One hundred thousand dollars, cash in hand,
will be required to be paid at the time and place of
sale, and the balance of the purchase price may be
f>aid either in cash or, at the option of the purchaser,
he remainder of his bidi may be satisfied or discharged in whole or in part bv paying over and surrendering any of the consolidated First Mortgage
bonds, issued under said Mortgiige of June 15th,
1881, and any overdue and unpaid coupons belonging
thereto, and also any Cincinnati & Georgia Division
bonds of said East Tennessee Virginia & Georgia
Railroad Company, of its two million issue of March
Ist, 1883, jiml any overdue and unpaid coupons belonging thereto, ;u sueh price and value us will be
equivalent to thy i>.tril>ulive amount that the holdera oSsaid b(i:ui-i would be entitled to receive thereon, incase the entire amount of the bid was paid in
cash. But none of said bonds cr coupons will be received in payment of any portion of the purchase
f>rice, until all the costs and expenses provided for
n said decree of March 17, 1886. and the expenses of
sale, shall have heen fully paid;
Fourth, In addition to the sum bid for the property,
the purchaser or purchasers will take the propertv
subjectto, and will be required to assume and pay
off and discharge, any and all claims now pending
and undetermined in either of the courts in which
tho original and ancilllarv bills are pending, which
may be allowed and adjudged bj the Court as prior
to any right scoured under the mortgages herein
mentioned; and subject likewise to all debts, claims
and demands, of whatsoever nature, incurred or
which may be incurred, by Henry Fink, as Receiver,
and which may remain unpaid at the termination of
said Fink's receivership.
^
For a fuller and more exact and detailed statement of the term^ of Sale, reference is made to said
Decree of March Kth. 1886, entered of record In
said cause, an l under which said sale will be made.
ot Mortgages,
^
IV m.
RUltE, special master*
KOB'T
J.
HiLLAS, Ass't Secretary.
DIKECTOUS
David Dows,
J.S.T. Stranahan, A. S. Barnes,
\. B. Hull.
n. A. Uurlbut,
J.L. Riker,
Geo.
W. G. Low,
Charles Dennis,
Alex. MitcheU,
S.B.Chittenden.
D. Vermilve,
Wni. M.Richards.
J.
8.
Coe.
®0mmet*cial
©arils.
BrinckerhoiF, Turner
&
Co.,
'
Manufacturers and Dealers In
COTTON SAILDUCK
And
Fulton County. Georgia, in Mortgage Book K,
pages 754 ftsf^.;
Bibb County, Georsia, in Book 11. folios 75 et seq ;
Fulton County. Georgia, tn Book L. pages 795 et seq.
Said property may be generally described as a line
of railroad extending from Brist'.'I. Tennessee,
through Knoxviiie to Chattanooga, Tennessee, from
Morristown, Tennessee, to Unaka, Tennessee, from
Ooltewah Junction, Tennessee, to Cohutta, Georgia,
from Cleveland, Tennessee, through Dalton and
Rome, Georgia, to Atlanta, Macon, and Brunswick.
Georgia (with a rtranch Line -extendlDg from Cochran, Ga.. to Hawkinsville, Ga.). and the line from
Rome through Talladega, Anuiston and Selma, to
Meridian, Ml^sit'sippi; tttgether with all therightaof
way. franchises, rolling stock, and equipment of said
Railroad Company, and all the other property of said
defendants real, personal and mixed, mentioned and
described in said decree of March I7th. 1«80, and in
said Mortgages or Deeds of Trust; ini-luding the
capital stock in the Memphis A Charleston and
KnoxvillOtfe Ohio railroad companies, owned by said
East Tennessee Virginia & Georgia Railroad Company.
of Mortgages
CASUAIiTK DEPARTmENT.
Policies issued against accidents causing death or
totally disabling injuries.
I'uU information as to details, rates, Ac, can ba
obtained at head ofBce, or of Company's Agents.
Wm. M. Kichahds. Prest. Johk m. Crake, Seo'y
all
kinds of
1
et seq.;
vol-
courts of the various States
Q. G. Williams.
PLACE,
2,
BONDS OF SURETYSHIP
2,
*
Book 2 of Mortgages
B
Book No.
Lauderdale County. Mississippi, in Book No.
pages 391 et seq,
ft seq,;
Book
in
seq.;
H
In
Book X, pages 458
et seq.;
H
Pulaski County, Georgia, in
Vases 227 et te<i^
NORTH AMERICA.
OPk
Ca«h Capital...
Assets and Resources
S30.000
Deposit with Insurance Department
i:40,C0O
President:
Vice-President:
8l» ALBX. T. SALT,
Hon. jas. Fkrrier.
ManaRing Director Edward rawunqs.
from this Company at moderate charges.
The bonds of this Company are accepted by the
in
et seq.;
BartowCouuty, Georgia, in Book A of Mortgages,
pages 262 f( seq.;
Fulton County, Georgia, In Book
of Mortgages,
pages 247 £( seq.;
D« Kalb County. Georgia, in Book of Mortgages,
pages 335 ff seq.;
OoffeeCounty, Georgia, In Book A of Mortgages,
pages ISd et seq.;
Clayton County, Georgia, in Book A of Mortgages,
pages 127 et seq.;
Henry County, Georgia, in Book of Deeds, pages
801 et seq.;
Butts County, Georgia, In Book L of Deeds, pages
21 et seq.;
Jasper County, Georgia, In Book I of Mortgages,
pages 516 et seq.;
Monroe County, Georgia, in Book G of Mortgages,
pages 147 etsfQ.;
Jones County, Georgia, in Book U of Deeds, pages
879 et seq.;
Bibb County, Georgia, in Book EB, pases 163 et
Twiggs County, Georgia,
The Guarantee Co.
Cash Capital, »250,000, invested in V. S. Gov't Bonds,
1200,000 deposited with the N. Y. Ins. Dep't, for
the protection of Policy-holders.
Assets, January 1st, IStiO, 1590,500 42.
OfiBcials of Banks. Railroads ana Express Companies, Miinagers.Secretaries, and Clerks of Public Companies, Institutions and Commercial firms, can obtain
Marengo County, Alabama,
in Book
of Deeds,
pages 53 e t seq.
Floyd County, Georgia, in Book C of Mortgages,
pages 56 et seq.;
Polk County, Georgia, in Book of Mortgages, pages
75 et seq.;
Paulding County, Georgia. In Book Q of Mortgages,
pages 567 et seq.;
Cobb County, Georgia, in Book F ef Mortgages,
pages 181 et seq.,
(D
pages 562
OTHER BUSINESS.
tfO
et seq.;
et seq.;
A, pages 266 et seq.;
Gordon County. Gteorgla,
pages 390
M
£t seq.;
Hamilton County, Tennessee,
4,
Bonds of Sviretyship.
Shelby County, Alabama, In No. 6 Record of Mortgages, pages 157 ft seq.;
Calhoim County, Alabama, in Book
Register of
Deeds, pages 586 et seq.;
Cherokee County, Alabama, in Book 6 Register of
Deeds, pages 76 et seq.;
Talladega County, Alabama, in Book BB. pages 481
Bonal property described in said decree of March
17th, 1886, to which reference is made; being the
same property (excepting the line of railroad extending from Knoxville, Tennessee, through Anderson and Campbell Counties. Tennessee, to the Kentucky State line, known as the Knoxville & Ohio
Railroad) set forth and described in a certain mortgage or deed in trust, executed on the I5th day of
June, 1881, and known as the "Consolidated First
Mortgage' of said Railroad Company, which is duly
recorded in the public registries for deeds and mortgages in Tennessee, Georgia, Alabama and Missis-»
sippi, as follows:
Sullivan County, Tennessee, in Trust Deed Book,
vol. 20. pages 200 H seq.;
Carter County. Tennessee, in Trust Deed Book
No. 1, pages 103 et seq.;
Washington County, Tennessee, In Trust Deed
Book No. 2. pages 393 tt seq.;
Greene County, Tennessee, in Trust Deed Book
No. 2, pages 1 et »eq.;
Hawkins County. Tennessee, in Trust. Deed Book
1. pages 183 eC stq.;
Cocke County, Tennessee, in Trust Deed Book 1,
pages 172 et acq.;
Hamblen County, Tennessee, in Trust Deed Book
No. 2, pages 68 et seq.;
JeffersonCoonty, Tennessee, in Trust Deed Book
No. 2, pages 162 et seq.
Knox County, Tennessee. In Trust Deed Book F,
vol. 1, pages 216 et seq,;
Loudon County, Tennessee, in Deed Book No. 4.
pages 860 ft St g.;
^^i
Monroe County, Tennessee, in Deed Book U, pages
472€t$iq.;
McMinn County, Tennessee, Ju Deed Book U,
pages 252 et seq.;
Bradley County. Tennessee, iu Deed Book a, pages
205 et seq.;
Deed Book No.
Record or Mortgage
29,
et seq,;
at
the door of the United States Custom House,
expose to public sale to the highest bidder all the
right, title and interest of said East Tennessee Vir_
glnia & Georgia Railroad Company and the other
parties to said suit, in and to all the real and per-
in
In
pages 1 et seq.:
Chilton County, Alabama, In Book No.
At
James County. Tennessee,
financial ^ompmiiss.
seq.;
Book, vol
XLU,
IVOL.
Dodge County, Georgia, in Book E of Mortgages,
pages 133 et seq.;
Telfair County, Georgia, in Book U of Mortgages*
pages 196 et seq.;
Appling County, Georgia, in Book K of Mortgages.
pages Set seq.;
Wayne County, Georgia, in Book P of Mortgages,
pages 173 et seq.;
Glynn County, Georgia, in Book T of Mortgages,
pages 290 et aeq.;
Dallas County, Alabama, In Deed or Mortgage Rec*
ord 74, pages 604 et seq.;
Perry County, Alabama, in Deed Record WW,
pages 25et seQ.,Bibb County, Alabama, in R Record, pages 143 et
Sale
OF THE
pages 320
:
:
%tQHX Notice.
^jesal ILuticje.
On
:
THE CHRONICLE
584
&
:
CANVAS, FELTING DUCK, CAB
COVERING, BAGGING, RAVENS DUCE.SAUi
TWINES, *C., "ONTARIO" SKAMLE88
COTTON
BAGS, "AWNING 8TRIPK8.
Also, Agents
ONITED STATES BUNTING
A foil lapply, all Widths and Colors, always
No. 109 Dnane Street.
Bliss,
Fabyan
8c
€0.
In (tolt
Co.,
New
York, Boston, Fhiladelphia,
SELLING AGENTS FOB LEADING BRANDS
BRO\rN & BLEACHES SHIRTING
AND SHEETINGS,
PRINTS, DENIMS, TICKS, DUCKS, *0.
To-wels, QaiIts,'WIiIte Good* &. Hosiery
Drills, Sheetings,
<ic.,
for Export Trade.
M^ttVixasMvs.
OXL.Y
Direct Line to
France.
GENERAL TRANSATLANTIC
Between NEIV
YORK
CO,
I
and HAVRB«j
From Pier (new) 42, North River, foot of Morton Sb
Travelers by this line avoid both transit by EnfillBbI
railway and the discomforts of crossing the Channel;
Id a small boat.
J.A NORMANDIF, KersabiecWed., May 13. 1 P.Mi
i
;
Wed.. May 1U.6 AJl7
LABKADOK, P. dHauterlve Wed.. May 2«, 11 AJI.
Wed., June 3, 5:30 A.M.
CANADA. Padol
Sat., June 6. 8 A.M.
LA CUAMPAGNE, Traub
\a% Normnndie, Saturday, June 12; La Bourff(^ii(|
AMP:IUQUE, Baquesne
La Champagne
(newj, Saturday, July 3;
urday. July
(new), att-
<
'
10.
Prick of Passage (including wine):— To navroFlrst cabin, $100 and 180 second cabin, f60: steer-'
age, 122— IncIudinK wine, beddlnK and utensils. Bfr>
turn tickets at very reduced rates. Checks on Banqa*
Transatlantlque, liavreand Parl8,in amounts to soltl
;
Havre to Paria^
The Compagnle Oenerale Transatlantlque dellverif
Special Train from
-^
:•
atitsoflaceln New York special train tickets fiwij
Havre to Paris. Baffita^e checked through to Pari'
without examination at Havre, provided passenger
have the same delivered at the Company^s dockli
New York, Pier 43 North Kiver, foot of Morton fit
at least two hours before the departitre of a steamei
liOVIS I>K BEBIAN, Affent,
Mo* 3 BowliBK Green*
J
May
THK CHRONKJLE
8. 1886.J
Ittsuvatuce.
fii
iiisuvaucc.
ifi^oiXon.
EQUITABLE
LIFE
OFFICE OF THE
A»t!lii;RANCE
120
ATLANTIC
January
Assets,
Income
4 |H'r
Insurance
$58,161,925
NEW YORK, January 23, 1886.
TlieTrnsti'eB, m roiiformltj' to the Charter of
the Company, submit the following Statement
of lt« affairs un the 3l8t December, 1S85:
PTeniiumaon Murine Risks from
1st January, 1885, to Slst
in 1884
15,003,480
I
INDISPUTABLE ASSURAKCE8
AND MAKES
PROMPT PAYMENT OF CLAIMS.
(OROANIZKD IN 1860.)
Total Marine Premiums
$5,196,143 76 261, 262 & 268 Broadwaj, New York.
T. H. BR08NAN, President.
Premiums marked off from Ist
a P. FKAUIOH, Seo'r. A. WHKH,WBIOBT, Asit 8eo.
January, ISiJS.to Slst Uwember,
$3,770,094 30
1885
Losses paid during
period
the dume
AH
0«o. H. BiTRroRD. Actoarr.
the proBtB belong to tb« Pohcy-holders exclu-
sively.
$1,915,020 67
All Policies Issued by this Company are indisputyears.
All Death Claims paid wlTHOtTT DISCOITNT as soon
as satisfactory proofs have been received.
able after three
Betnms
Premiums and Ex-
of
$776,712 42
penses
The Company has the following Assets,
United States and State of New
York
Stoi^k.
t
iiy.
tIz.:
tine.
Bank and
$9,034,685 00
OthiirSloeks
Loans secuied by Stocks and
1,438,600 00
otherwise
Real Estate and Claims due the
Company, catlmated at
Premium Notes and Bills Be-
530,000 00
One month's grace allowed In the payment of
Premiums on Tontine Policies, and ten days' grace
on all others, the Insurance remalnlns In full force
during the grace.
Absolute security, combined with the largest liberality, assures the popularity and success of this company.
GOOD AGKNTS, desiring
celvable
1,508,143 63
228,897 88
CashlnBank
Amount
This Company issues all forma of Insurance, Including Tontine and Limited (Non-Forfeiting) Ton-
to represent the Company, are Invited to address J. 8. OAFPNKY. Superintendent of Agencies, at Home Office.
BIX PER CENT INTEREST on the outstanding certlfloates of profits will be paid to the
holders thereof, or their legal representatives,
on and after Tuesday, the 2d of February next.
THE OUT8TANDING CERTIFICATES
The oertillcates to be produced at the
time of payment and canceled.
cease.
A DIVIDEND OF FORTY PER CENT
is
declared on the net earned premiums of the
for the year ending Slst December,
1885, for which certlfloates will be Issued on
and after Tuesday, the 4th of May next.
By order of the Board,
DE
E.
.
H. CSAPJUAN,
strong, reliable and popular; and
Issues a variety of policies suited to the different
clrcomstancea of Insurers.
MUTUAL^BENEFIT
IVEWAltK,
-----
President.
$38,615,319 33
35,857.827 70
2.757.491 fi2
Liabilities (4 per cent Reserre)
W
Wm.
Sturgis,
Benjuinlii a. Field,
Joaiah O. Low,
Adolph Lemoyne,
Robert B. Mlntum,
Charles H Marshall,
Frederick H. Cossltt,
William Bryce,
John Elliott,
James O. De Forest,
Charles
D
Leverlch,
Thomas B Coddington , John L. Rlker,
William Degroot,
N. Dentou Smith,
Horace Gray,
George Bliss,
WlUluni E. Dod^e,
Henry E. flawley,
William H. Macy,
William D. Morgan,
Band,
John D. Hewlett,
William U. Webb,
C. A.
hurlex r. Burdett,
dmund W.
50
Non-Forfeltable
After Second Year.
In case op lap«k the Policy is continued in
FORCE as loHK H8 lis value will pay for; or, if preferred, a Paid-up policy for ita full value
is
Issued in
exchange.
After the third year PoUdea are incontestable,
except as affHltiHt intentional fraud and all Te»tricr
;
tiofu a» to travel or ocrupn/ton arc
noved.
Cash loans are niHdo to the exte of 50 per cent
of the reserve value, where valid ansifc -nents of the
Policies can be made aw collateral secur. v.
Lo.sses paid Imiuedlately upon completion and ap-
SECURE BANK VAULTS
Isaac Bell,
No. 97
PEARI. STREET.
SPECIAL ATTENTION TO COTTON
FUTUKM
FELLOWES. JOHNSON &, TILE8T0N,
COTTON, STOCKS, BONDS, *«.,
as WnjilAM 8TRBKT, NKW TORE.
0'1«r«
In
' FBtnro" »r^KmlaA »t N. T. CottoB
Bzek.
JOHN
H. CLISBY
&
CO.,
COTTON BUTEB8,
COmHUTOW
ptisjcjellati£0X(s.
WARREN,
ST.
JOIVES
St
CRATZ
LOUIS, Mo.
Hannfaotnrers* Agents for tbe sale of Jate Ba^glns
IUP0RTXB8 OF
IRON COTTON TIES.
THE NEW YORK
Moist Letter Copying Book.
28tli. 1878.)
UNIFORM COPIES. SAVES TIME.
NO WATER. NO BRUSH.
AI.WAYS READY.
£.'
L.
59
FAKGO, Sole Mannractnrer,
BEEKMAN ST., NbW YORK.
In tbe use of " Tbis Book." the (Treat annoyance of
Is done away witb—the
water, brushes, cloths.
book Is ready at all times to copy any number of letters at unce. Parties using same pronounce It the
very thinti they want; tbe copies are clear, distinct
Ac
and uniform.
Prices Redoeed.
Send for Priee Llat
ESTABLISHED
18S5.
Engrene K. Cole,
STATIONER AND PRINTER.
Pnpplles Banks. Bankers, Stock Bnikers and Corvoratiuns with complete outfits of Account Hooka and
Stationery.
%W- .New concerns orKanlilnit will bare their otden
promptly executed.
Nu.
Anson W. Hard,
1
WILLIAM STREET,
(HA.NOVBR 80DARK.)
Thomas Maitland.
Corlles
A. A.
5.411,2-11
A
Edward Floyd-Jones,
JOHN D. JONES, President.
CHARLES DENNIS, Vice-President.
MOORE, 2d Vlce-Pres't.
RAVEN, 3d Vice-President.
W. H. H.
Surplus
Surplus (New York Standard)
bHol II tel jr
Policies
TAINTEB.
(Patented November
3
IV.
&.
COTTON MERCnANTS,
LIFE INSURANCE COMPANY.
A8set8(Murket Values)
D, Jones,
Charles Dennis,
U. H. Moore,
Janje» Low,
A. A. Raven,
WALDRON
Is
AltlZI I>ODD,
J.
EstabllahMl (Id Tontine Bnlldlns) 1840,
BAGGING.
Agents for circulars
explaining
Olalne Nou>Forfeltare Ija\r.
LOSSKS PAID PROMPTLY AND WITHOUT
DISCODNT.
Secretary.
TRUSTEES:
&
Co.,
J ames F. Wenman
COTTON BROKERS,
IfO. 113 PEAPL STREET, N, Y.
Tbe
The Company
York.
KotarM proaMlr
F. HofFmann,
COTTON BROKER AND AGENT
38 RUB DB t.A RODRSB, BAVRR.
1849.
its
New
€OTTOI« BROKERS,
BEAVKR STREBT, NEW YORK.
lyiTT, Preatdent.
ORGANIZED
Write to the Company or
Co.,
P.'BOHAgI OKLT ON ORDKBK POS A
Company,
J.
68
PORTLAND, MAINE.
JOHN
&
WALTER & KROHN,
Company
Life Insurance
of
the issue of 1881 will be redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the 2d of February
next, from which date all Interest thereon wUi
M«S!rie
nONTOOniBRY, ALA.
UNION MUTUAL
$12,740,326 46
as Pearl MtrMt,
Orders rnr Hoot Cotton and
States Life
Insurance Co.
THE CITY OF NEW YORK.
IN
ul*^
to the
OOrrOH BROKERS,
THE SOCIETY ISSUES
I>oceniber, 1885
$3,856,618 66
PremiuniBon Polloles not marked
0(1 Ist January, 1885
1,339,525 10
!«.
Dennis Perkins
81,072,48«
The United
8c
10,4M;i,617
laat 25 years
Co.,
Co.,
Commkrioa Mwohuiti
NORPOLK, VA.
apMlal ktuntlnn
1, 1885
cent
Paid to Policyholders during
Mutual
Ootton Brokers
BROADWAY, NEW YORK.
Surplus at
&
Reid
Price,
SOCIETY,
WELDEOCHROME STEEL AND IRON
and 5
and Angles
&0.
Cannot be Sawed, Tut or DHMed. and practically
Id
Round and
Flat Bars,
FOR
ply Plates
SAFES. VAIILIS.
Buriilar- Proof.
CnROnE
Clrcalars Free.
STEEL. TTORKS,
BROOKLYN, N. Y.
JOSEPH CI LLOTTS
STEEL PENS
SmD Br AIL DEALERSIwrouoMurlMe WO R LD
COLD MEDAL PARIS EXP0SITION-ia7B.
,
THE CHRONICLE.
riL
Rattan,
(ilottou.
Woodward &
[May
IplisjceUattcous.
INM AN, SW ANN & Co
Bbanoh offices j 13g Ch«rcl.jJtr«.^N. Y.,_
MADE ON ACCBPTABLE
BBCnBITIBS.
COTTON MEKCHANTS,
Personal attention given at the BXCHANGK8 to
the purchase and sale of STOCKS and BONDS foi
cash or on margin.
DEPOSITS liKCBIVED— subject to oheok atilgkt
BPKOIAL ATTKimON TO ORSKBS FOB GONTBACTS
FOB FUTUBK DBUTXBT OF COTTON.
—with interest upon balances.
OF SPINNERS,
Offbrbd on Tekms TO
Co.,
CHT8TAVU8
C.
Hopkins. Lucres Hopkins Smith
Charles
Cotton, Coffee, Grain and Petroleum Bought and
New Yorli
Warm
ORIENT GUANO MANUFACT'G
CO.,
NEW
C O T T OSf
NEW YORK, LIVERPOOL AND NEW ORLEANS COTTON EXCHANGES. Also orders for
COFFEE
NEW YORK COFFEE EXCHANGE,
and
ORAIN
AI\D PROYISIOIVS
NEW YORK PRODUCE EXCHANGE and
CHICAGO BOARD OF TRADE.
COKKB8PONDKNTS
Messrs. Smith, Edwards
&
Co.,
YORK.
Standard
G.
LEHMAN BRO'S,
Cotton Factors
AND
fiE\¥
YORK,
201
Cotton Exchange Building,
AGENT FOR
NEW^ YORK.
COTTON COMPANY OF STUTTGART.
Phenix Insurance Co.
OF BROOKI.YN,
Authorized Capital, R. M. 20,000,000.
Paid-Up Capital, R. M. 6,000,000.
196 Broadway, New York City
Company \st Day of Jan., 1885.
11,000,000 OB
CASH CAPITAL
Office,
John
Henry
l. Buli.abd.
Bullard
&
statement af
H. Wheeler.
Wheeler,
COTTON COMMISSION MERCHANTS
NEW YORK.
ALSO
Reserve for unearned premiums
Reserve for unpaid losses
Netsurplus
11,342,430 28
ITorlc.
Orders executed at the Cotton Exchanges In New
York and Liverpool, and advances made on Cotton
and other produce consigned to us, or to our corresMessrs. L. Rosenheim &
Sondents in Liverpool
one and A Stern & Co.; in London, Messrs. B. New;
(FOR BALING COTTON).
Advances made on Cotton Consignments and Special
FRANCIS
FUTURE
&
New
New
York.
Orleans, La.
Co.,
Cotton Commission Merchants,
Ro. 19 SOUTH W^ILLIAin STREET
Ne«r York.
BBLMA, ALA.; MONTGOMERY, ALA.
Buyers of Cotton for a Commission
Orders for Future Contracts executed in New York
$4,000,000 00
Special Attention Givbh to the Exkcution
OF
unpaid losses
and re-insuranoe fund
Netsurplus
Liabilities
No. 123
PEARL
ST.,
Robert Tannahill & Co.,
Gottom Excbanee Bulldlns,
North
New York and Liverpool;
New York.
Grain and Pro
^also for
Farrar
183 PEARIi
&
NEW
ITORK.
New York and
sale
(.
f
Liverpool.
Henry M. Taber
PEARL
ST.,
&
Co.,
NEW YORK,
AdTanoes made on Con Bitumen ta of Cotton. Contracts for Future Delivery of Cotton bousht and
sold on «ommi8Blon.
advances made on Cotton consignments.
Special attention given to orders for oontraotj for
fatore delivery of Cotton.
BVRE, FARRAR &
CO.,
NORFOLK, VA.
Geo. Copeland
&
Co.,
COTTON BROKERS,
PEARL STREET, NEIT VORK
3,202, 320 41
$9,260,096
B. F.
British
Mercantile
Co.
Ins.
OB
LONDON AND EDINBIIRCn.
8. Brancli Statement
Invested and Cash Fire Assets
Jan.
U.
1,
1886.
83,421,870 76
LIABILITIES.:
Reserve for Unearned Premiums.
Reserve for Unpaid Losses
Other Liabilities
Net (^urplUB
„ , ,„
••J™'?*;
. . .
COTTOIV.
Jones,
STREET,
and
Future Contracts
In
141
Isions in
&
New York
Special attention given to the purchase
NEW YORK.
Orders, for future delivery of Cotton'execnted In
1880
St., New Yorlr
JAS. A. ALEXANI»KR. Aeent.
Bloss,
COMMISSION MERCHANTS
1,
2,057,776 24
No. a Cortlandt
Cotton Commission Mercliauts,
&
for
Assets Jan.
ORDERS FOB FUTURE CONTRACTS.
and Liverpool.
Gwathmey
Dep't.
yETNA
Capital
John C. Graham
184
BURKE. Seo'y Local
P.
Mohr, Hanemann& Co., Insurance Company
OF HARTFORb.
186 Gravier Street,
Cotton Excli. Building,
A Co.
lilberai
President.
WM. R. CBOWELL, Vice-President.
PHILANDER SHAW, Secretary.
WM. CHARTERS, Assistant Secretary.
BAGGING AND IRON TIES,
and sale of
2,390,985 97
287,827 97
640,991 18
STEPHEN CROW^ELL,
CHUBCH STBESK
Nefv
Co.,
WaRE & SCHROEDER.
COTTON COMMISSION MERCHANTS,
NEW ORLEANS,
OOMiniSSION nERGHANTS,
No. 40 EXCHANGE PLACE,
Attention given to purchase
MXMBMBS OF THE COTTON, OOtFEE AND CONTRACTS OF COTTON.
PRODUCE EXOHANeES.
Uo-TOWN OFFICE, No.
&
Schroeder
Successors to
Cotton Brokers,
Montgomery Aia.
E^uperphosphates.
OF VIRGINIA.
i
Lehman, Dubb & Co,
Co.,
New Orleans, La.
L,. I.
SULPHUR MINES COMPANY
i-
Literpogl.
Lea McLean, New Orleans.
IdHUAN, STEBN &
gaas
ORIENT,
G. E. Staenglen,
Uverpool.
Jas.
CO.,
RICHMOND, VA.
High Grade Pyrites free from Arsenic.
Soutb William St., New Vork,
ZBCUTB ORDERS FOR FUTURE DELIVERY
the
agency of
Co.,
Mt the
of the Cotton, ColTeeand Produce Exch's,
Standard Brands of Flour for Shipment to
Climates always on hand.
8
•t the
Members
COMMISSION MERCHANTS.
COTTON EXCHANGE,
New York and
&
Wisner,
NEW^ YORK,
THE HAXALL CRENSHAW
COMMISSION MERCHANTS,
«t the
& Co.
0bdsb8 fob fnrubk contbact^ executed
City.
Henry Hentz
&
ST.,
COTTON
Sold for Caab, or carried on Margin, on the various
in
WALL
CO^imiSSION mERCHANTS,
D. Milleb.
Hopkins, Dwight
exchange; building,
NEW YORK.
Tl
and
(COUNTRY BANKERS.
Crenshaw
COMMISSION MERCHANTS,
Exchanges
aoonuntsnf
Suit.
&
INVESTMENTS
Special attention paid to
Keiv ¥ork.
COTTON, ALL 6RADE8, SUITABLE TO WANTB
COTTON
Sons,
BANKERS,
14 NASSAU STREET, NEW YORK.
NEnr VORK.
R. Macready
P. Hatch.
Arthur M. Hateh.
W. T. Hatch &
MERCHANTS,
LOA.NS
Henry
ralter I. Hatch,
"ath't W. T. HateK.
Stillman,
Post Bnilding, 16 & 18 Exchange Place
1886.
8,
S
'S&?SI TL
.
„, «^;i?',u
^,015,5 85 18
JS,421,870 78
.$16,2tJ0,13S OS
BRANCH Office, 54 William St., N. Y.
Losses paid in 0.
U.
8.
CHAS.
E.
S. in
19 years
.
WHITE, SAM.
P.
BLAODEN,
Managers.
JAS. F.
DUDLEY, Deputy
Manager.
BABCOCK&CO. Commercial Union
COMMISSION MERCHANTS,
IT IVater Street, LIVERPOOL,
Receive consignments of Cotton and other Produce,
and execute orders at the Exchanges in LlverpooL
Represented in New York at the office of
SAM'L D. BABCOCK
82 Nassau Street, New York.
Assurance
Co.,
limited,
of london.
Office,
Cor.
Pine
& WiUiam Sts., New
Tori.
@FedFRASER