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xmtk
HUNT'S MERCHANTS' MAGAZINE,
AND COMMERCIAL INTERESTS OP THE UNITED
RiJPRBSEMriKG THE INDUSTRIAL
VOL.
SATURDAY, NOVEMBER
47.
NO.
1888.
10.
STATES,1,220.
Octo5<T.
Terms of Subscription—Payable
in
Adrance
New York
For One Year (IncludlDi; postage)....
$10 20
do.
For Six Months
6 10
European Subscription (including postatte)
11 28
Kuropean Subscription Six Months (Including postage).
6 G4
Annual subscription In London (including postage)
42 78.
do
do
do
£1 Ss.
BlxMos.
wrxTii- n T.»«» (TyiI<IiIAl»I B. DANA & Co., Pabliataers,
YUUK.
1** WllUain Street,
JSi^ FLOiD. i
JOHN O. vrnvn
p^jj,^ Office Box 958.
I
.
.
NEW
The aggregate of exchaaces for the week ending November
3 records an increase over the preceding week of about eleven
millions of dollars, the result in this city being a decline of
twelve millions, while in other sections the gain reaches
Compared with the corresponding period of
fSS.OGS.OlO.
1887 there is in the whole country a loss of 1'9 per cent
York in conseciuence of
(ascribable to the falling off at
smaller stock speculation), but outside of
York the
3 '6 per cent.*
excess reaches
New
New
EndinQ Xov.
Wetk End's
3.
8,194,851,884 8,»78,e40,40«
Boston
Providence...
6.676,.145
6.013.220
Worcester....
6,074.8.16
Sprincfleld...
5,604.758
8.386,071
liOweU
P.lf
1887.
-St
-06
+16
+7-8 25,407,096,969 87312,866,071
,096,9
,86a,«
887,776,488 +2-I8
23,837.500 -0-4
7,630,018 +18-7
6,860,758
4.607,098 +6«
4,722.433 +7-6
4.653,280 +20-4
3,161,806 +6-5
472.838,749
2S,74H,800
H.603,088
Hartford
New Haven...
Portland
1888.
8316,441.477
3,8S8,75 4.478
198.662.600
801,738,600
75.016,421
50,997,368
41.167,636
74,746.0W
tO-4
03.73»,.')64
-51
40,031,612
+8-8
42388.595
88380.639
47.436.260
27,606.724
48376383 +9-«.
26,»«S.7e6 +9-0
Oct. 27.
Tot. N. Bn«.
529,323,866
441,748,975 4-19-8
4,103, 18a,9Sl
4.It4,U83W -0-8
Philadelphia.
Plttsbnrg
Baltimore....
CLEARINO HOUSE RETURNS.
Weelt
P. ex.
1887.
1888.
307.653.900
6».777,»83
61,937,682
272,500,752 +12«
49.775.066 ^-21-4
66,795,652 -m-1
2.628,4.30,912
2,632,«68,'9('
436,319,674
376,071,470 +13-4
3,626,072,607
823,057,170
47,535,350
887,556,328
47,782.200
80,123.277
18,374,870
8,777,909
14,340.059
10.616,739
5,429,418
ToUHlddle.
Chicago
Cincinnati
Milwaukee
....
24.205.3.52
Indiana polis».
Cleveland
21.075,334
8,564.211
16,044.833
10,123,511
Detroit
Columbus.
....
Peoria
16.763.220
27.375,102
12,882.198
19,262,066
2,763.487
8,426,218
Minneapolis..
Denver.
St. Paul
Grand Rapids
Wichita
Tot. West...
-0-5
+206
+31-0
-2-4
+11-9
—4-7
+)iri
12.769306 +31-4
6.^,276
Omaha
615,IO(<,9Be
+20-'
22,826,010 4-19-9
10,812.463 +19-1
18,376336
+4-8
2,725,818 +1-4
2,844,645 -14-7
8,601,939,240
•H»-e
8,696,605.936 8,480,gS3.n» -tra
425.143,450
469.026,050 -9-4
183.535.606
183.668.552
186,373.2I»
160,409,993 +16'«
79.508,046
75£7S,1S« +9-2
133347,084
181.765,779 -0-7
-<w
92.7443(0
57,892349
+*»
91306,»79
142.914.713
165,e72,5S2
109.431,576
167.970.307
47,419.664 +21 -0
180.879,691 -1-18-8
151,464,688 4*4
97.323,830 +12-4
168.070,897
6
25,796350
22,479,720+14-8
29,647,678
463,345383 +17-0 4,386,383,671
512,034,823
-0-S
417,406.530 +16-6
&S4.8«4,021 -7 8-
4"2A32,740
43,116,867
P. Cent.
Rew Tork
—50
(Cotton
iOratn
(Fetrolcum
balea.
blMhets.
bbli.
Boston
ProTidence....
Hartford
Mew TiHven
Worcester
1.073,744
1,222.236
,
BDrlnKileld
I«well
Total
Total Middle..
Ctalcago
Cincinnati
MilwHukee
Detroit
IndlunapoUs
Cleveland
Minneapolis
Ddner
tt.Pati1
Brand Rapids....
Wichita
Bnluih
Topeka
Total Western..
Loals
Joseph
Maw Orleans
St.
8t.
,
liOQisville
Kansas City
Jtemphifl..,.
flalreston
,
Xtrfolk
Sotal Southern.
>
Francisco.
Oatstde
New
York..
4-12-9
92,(83,210
+11
94,626,273
+130
61.647,532
11,089.900
6,451,982
+8-9
61.960300
3'0
9,938,900
5,087,632
4.68«,0m
+1-2
-32-8
+9-5
-18 9
—
—1-1
-24-9
-42-3
117,432,155
+10
le,7S0.804
1,207.679
10,376.131
6,440,270
8.542.864
3,807,75S
2,190.825
1,495,617
17,879.391
1,840.294
11.877,161
0,182,761
8,073,688
3.245.099
2,282,456
1,247,161
00,359,957
3.210,081
2.618.1B5
1,.
163.202
2.292.614
5,790.812
2,831.198
4,632.247
+99
+25-5
+17-2
+8-7
-11-1
-220
+130
4.58.1,730
1,891,482
8,699.880
2,168,420
1,466,481
8,550,527
4.982,575
2391,499
8.811,6'5
640,444
50H.630
8,411,013
861,268
100,218,805
-1-9
+19-9
17.070,827
1,263,323
10,288,402
4,742,440
8,053,106
2,796,771
1,994,WU7
1,826,654
52,877,909
-3-0
48,439,612
16,655.280
+240
~^1'9
+1-4
+8-2
+11-0
—11-2
+1U-3
+11
-6-1
all
+2l)-a
+3-7
-14-5
-72
+1-3
—1.V9
-251
8P1.5,'i2.a52'
—12-6
-0-6
+5-8
+19
+8-8!
ll06 5,748.774
.SlH.ltt.'il
2!),702.n9l
+38-4
—
48.137,508
3.3,564,84)
68337.0571 —4-6
823,911,>-29
281.037,888
326,r7S.<<«l
+4-9
+7-0
+4-2
s7-«
'
47
3
Our compilation covering operations on the various New
York Exchanges now embraces ten months of 13J8 and 1837 :
Ten monITu, ISSS.
Par Foltu
Daeriftian.]
'or
RK. bonds..
Ten montJtSt 1887,
Aetttal
QuonMtvl
J
,Avar'n
Par rolu«
Yaltu.
I
8'°«*{vaif 4633:wi:m
Prla.
or Quantity
Gov't bondsi
Statebonds.
.^etiMi
FolM.
]Aver't4
Prlet.
72,863370
lt631S39«.3» |38isoaa;«s
2870051762, 61-9
123.8,836.013 868
|5.H77.800i
$8,851,911 120-7
(3.3^2.155
>2,0«5,134, 62-2
tl.530.!00j
12,005,660; 136-4
»29.S.|-.>8,557
-51 BankstOOks
I
I
I
M-0
1303,660.930 I838,9«».S48I 88-t>
|7.696,90(^ 119-5
t8,439,650
3S-3
114,506,70')
rS.58».18H 121-9
tl,6U,20O
2,000.941
Total .,,4942,486,037 t31399i«,812 63-5
$6044,731303 $4119301461. 62-0
Pet'l-m.bbls 1059 ,53a 01^ $921,862,2551 874<0. 1,029,738,000 l672,700,nM 65 WOC
Cotton, bis.
17,578,200 »8.S7,606.-i30 $.50-55
22,940,600 11465 84,-J35 {40-94
Grain. bush.; 170:1.870,851 $l»Mi70,489 88 1-lOc 1.675,071 ,391 ltJ2Se60,e87 84 >toe
'
1
Total value!
.
{7268316,4641
16303818.786
+71
Our usual telegraphic returns of exchanges for the five d ays+40 have been received and are given below.
+6-1
15,600,311
-on
87.702,
-0-8
23.210,780 +6-9
42.60.3.812
Outside N. Y. 1.811.146.458ll.858,(»2,246 +16-2,14.689398,804 14,424.879.486 +18.
+23-7
-25 8
+4-»
—1-2
+20-9
+10-5
Wuk
ilstttrtu
£tv!lin0
Xovtmhtr
6v TOtTraph.
-01
-11-5
+5-2
New
York..,
SolM of Stock
Boston
(ilkarw)...
Philadelphia
+71
+10-1
for the month of October exhibit a heavy
gain over tho»e for September, the increase at New York
brill- $,^14,958,582, and in the balance of the country |391,407 "i50, or a total addition of over nine hundred millions,
Ci III trusted with October of 1887 there is an excess in the
aK^'it'gii'e of 10'3 per cent, but for the ten months the loss
reaches ."J-l per cent. Excluding New York the result both for
the month aad since January 1 is in favor of the current year,
The exchanges
«83,34«,9S1
5,006,497,822 4,638.992,6521 +10-3 40,096,389,773 48,236,736,157
Total
+61
680,907
726,616
3,864,331
281,007
405.685.084
-1-7
+11-4
+17-6
+12-5
-1-9
2,06,'>,873
20,652,790
1.021.6X1
1,079,-39
1,137,T0J
69,077.942
13,170,190
18,378.111
1.076.823,343 1 ,097.813,691
all
1,074,.S»3
+3-2
69.057,362
10.827.791
12,898,057
+8 7
+11
+10
118,509,000
Omaha
Total
—2-7
+19-8
530,,908
64r,,538
1,220
2,2S8,
318,,571
Fcoria
\
+21
1.791,,291
3,518,,311
2,250,,767
1,498,,108
4,131.,714
6,784,.569
2.860,.961
4,119,,632
Oolumbaa
1,835,634360
680.648.922
City...
-25
+23»
67,088, ISl
10372,,300
B,S8H.,019
4,043, 970
Plttaburff
Baltimore
1388,7C6,«S3
74,355,387+17-9
Orleans..
Louisville
+219
Tot. South..
—00
+ 11-6 San Francisco.
+19-6
112.281,258
91,089,298
Fbtladelpbla..
202,530381 l+U-5
102,016,751
5.955,700
1.694,034
+11
—1-4
—12-9
—3-3
7)
802,151
>54%280
122,014,039
69,839,510
10,934,127
13,318,661
EoKland...
225,763346
+9-8
(— 29B)
111,741,164
772,915
.
New
82,231342
(-17-5)
99,92.4.402
1,398,1184
Portliinil
10.726.2961 +9-9
8,865.2821 +160
0"
5,817,933
(2\.0-iiJSO0)
(liS.lOo.OUO)
6,140,500
1.675.974
1.186.887
1,389,431
1.051.695
1,256,080
11,78.1,630
10,252,789
6,780,841
(-45
{-ITS)
(-20'1)
+0-1
Galveston
Norfolk
Kansas
(1.526,524)
(474.100)
(23.H07.l5i)
741,869.1161
Memphis
(-6-4)
(-15-2)
(+81-7)
(1,481,004)
(461,100)
(20,484,951!
(1,219,861)
(833.900)
(4«.8rt7,3C5)
(20.045,000)
109,704,881
6,IW«,400
I.652,»41
1,034,00»
iltara.
742.128,873
66,108.946
839.901,079
247,«40.7J4
839.393, 1^8
74.865.031 I-11-5
6.659,426 -66
....
New
+5-5
706,280,839
SttUtot—
iStockt
Lonls
Joseph
83.430,317
6.217.191
42,257.636
21.812,647
41,228,105
St.
St.
683,132,609
6n,l38,25»
-«rS
4,I86322.6C« +-i-e
BalUmora..
Chlaaso
8t.Loatg
New Orleans
Total.
6da7S
BsUmatedldar
,.,.
Total tail week
Balano* ConnUT*
Total week.
•
For the
all.
lull
9)4.2«3.383l
week, based on
96630S.190
last week's returns.
10.
WukEnd't
Sov.S.
THE CHRONICLE.
642
at
THE FINANCIAL SITUATION.
per
5
[Vol.
XLVIL
remarkably wide difference
cent, there is a
between the two, causing no
little
inconvenience to the
week under review there was smaller borrowers in the interior, where the rate is baaed
very little movement in money, giving the appearance of on the Bank minimum, and who have not tha facilities for
an easier tone, but since then the offerings seem to have borrowing in London. But these conditions are not
been less free and rates have in some department9 likely to last there will probably be further withdrawals
advanced. Call loaos so far as represented by bankers' of gold until the open market rate more nearly approaches
At Pais the open market rata has
balances have averaged a little higher, the extremes being the official quotation.
2 and 3 per cent, with the average probably 2^ per cent advanced to 4^ per cent, though the Bank of France has
The Bank of
(against 2 per cent last week), at which renewals have gained £200,000 gold during the week.
been made. "With banks and trust companies no change Germany reports a loss of £176,000 gold since the last
has taken place, except it may be a little indisposition in return, but discounts in the open market at Berlin are 3^
For
the
half of the
first
;
some quarters
This indisposition
make engagements.
to
per cent and at Frankfort the same.
Our
is natural as a temporary influence of the revolution in
Governmental control the election has brought about,
foreign exchange market has been quiet and tend-
This has been mainly in
ing towards ease this week.
made during past weeks consequence of a hotter supply of commercial bills drawn
with regard to the management of the surplus by some against cotton for that staple has begun to move more
There is a large crop to be marketed, and an
of the leaders of the party which now succeeds to freely now.
power.
But the public should remember that criticism active consumption and urgent demand in Europe for
when out of oflBce is very different from action when in. it, and will be for the whole of our surplus unless there is
The deposits in banks, if they are discontinued, will only a material change in the industrial conditions there.
be paid out on the purchase of bonds; there is not the The offerings of bankers' drafts were slightly in ex-
tspecially in view of the speeches
;
—
cess of the inquiry on Monday, but selling of stocks
danger of their being covered into the Treasury
produce a panic and wreck any for European account on "Wednesday, Thursday and
policy which would
We may accept it as an axiom, Friday checked the supply. The sales of stocks in
administration at its start.
least
new Government can avoid harming London on "Wednesday were reported to have been
make it prosperous, it will; furthermore^ for New York account, and the foreign stock
changes from the financial management of Mr. market was thereby made weak, inducing sales by
that so far as the
business or can
no radical
Cleveland's administration will be made, for the conduct
the arbitrage houses on Thursday and Friday mornings.
may have been
of that department has been above both criticism and
This
reproach.
to aid bearish demonstrations here
"With regard to time money, the transactions have been
There
limited in amount.
by bankers with
is still
a good supply offering
foreign connections, but in
all
these cases
a manipulation for speculative effect
source or object of the
movement
but whatever the
;
was,
it
had a tendency
to arrest for the time being the easier conditions prevail-
ing in the exchange market.
"Bankers look for lower
demanded, and sucn borrowers have
shown a disposition to await events, and hence the demand has been light; the rates have been 3 per cent for the
remainder of the year, 3J- per cent for three months, and
4 per cent for from four and five to six months, banks and
trust companies are doing little or nothing in time loans
they are, as heretofore, employing their money on call
and in the purchase of commercial paper. The demand for
the latter continues good from all quarters, while the supply is comparatively moderate rates are unchanged, the
quotation being 4|@5 per cent for sixty to ninety days
rates for sterling in the near future as a result of the
endorsed
that in turn cannot fail to affect our exchange market.
first-class collateral is
;
;
5^ per cent for four months'
per cent for good single names
bills receivable, 5 to
acceptances, and
5^@6^
having from four to six months to run.
movement
pension in the
to last week,
further noticeable
is
inflow has been
money to
of
fair,
though the
The wisdom
ot
the interior, referred
this
week, while
official
the
other
cotton,
merchandise
lib-
moving
except wheat and flour from the Atlantic ports,
which continue out of the reach of any cMsiderable
Still
all
calculations as to an easier
export demand.
fairly,
market
exchange
here
may
be
disappointed in case
money should be more active in Europe and high
rates prevail. The whole situation there is governed by
the movements of gold from the Bank of England if
;
continues to lose in excess of arrivals,
that institution
fuither measures will be adopted to replenish
New
railroad
lished a
the
to
construction
The Railway Age,
large rate.
summary
1st
of
still
its
progresses at a fairly
of Chicago, last
of the track laid in the
November, and
stock and
this
first
week pubten months
week the Railroad
mainly from the Gazette of this city publishes a full detailed statement
The Treasury has contributed covering the nine months to the 1st of October. The
result of
both move-
Age
Bank
minimum, and the
of
England
in
forecast of the
rney market which our London correspondent has been
^ing from week to week, are fully justified by the develop .nents of the past few days.
It seems that the demand
for gold withdrawals was only suspended, not exhausted-
finds
an addition of 5,790 miles for the ten months,
ttie
Gazatte an addition of 5,043 miles for the nine
montbs.
Allowing for the difference in the length of the
and
of the directors of the
reducing the
partial sus-
of
latter is
East or nearby points.
something to the reseives, but the
ments is a loss to the banks.
)
The
movement
eral
period covered, the two results thus approach each o'her
But when we come to examine the figures
wide discrepancies are shown, the Gazatte
more road
large number of cases reporting
)
very closely.
{^
by
States,
in
a
months than the Age in the ten months.
week states tbat the loas of ttie The Gazatte statement, however, is probably the more
Back of Eugland reported on Tuursday at a net of £929,- exact, as it gives the name and length of each piece of
000 was made up by an export wholly to South Amenca road, wnile the Age simply reports the totals by S.atas.
A special cable to
of
us this
£1,089,000, by a shipment to
the interior o'
Britain of £52,U00,and oy an import mainly
Gren
ttiere
reported at
3@3^
per cent.
Besides, the latter issued its
from Australia month, when
In coLsequence of this renewal of shiphas been a leudency in the open market,
London, to harden, though yesterday the rates were again
of £212,000.
ments,
built in the nine
m
every
case,
figures
at
the close of the
was hardly possible to have full particulars
so we presume it is open to correction. Our
it
is simply to
going on, and to point
As the Bank rate remains out just where the additions are being made. Taking the
object in alluding to
the matter, however,
sljow that railroad building
is still
NOTIHBBR
THE (JHRONICLE.
10, 1888. J
we
Oazetie's total of 5,043 miles,
find that
Kusu
leads
562^ miles, and that CaliIn Colorado 275^
fornia comes Lext with 317 miks.
miles of track were laid, in MiEsouri 224 milep, and
These
large
IVxas 231^ milei.
additions in
in
all
a
other States with a to!al of
where
section
was
it
the
surprise, but
new read
new
supposed
road building bad been largely overdone,
may
aboT* utement. For tniuno*, tb« hlgbn t»riff ntm ia
the Northwest did not go Into effect till the lOtb of OotO'
ber, and in some caiea not till later in the month, wbil«
rail-
the fignres given relate to September.
has not yet begun to
in
its
which
territory,
Then tb« Quincy
new com crop
the (fleets of the
feel
tbii
tfaion hat been nnniaally
and
heavy.
The
road
last
good
large from
occasion
doubtless represents in
543
season's
poor
yield,
baa snflered
and
all
should
along
therefore
measure prcjects determined upon before the conditions benefit cot respond ingly
frcm
the
present season's
became so unfavorable. In Kansas and Colorado the large yield.
As showing the importance of that
Rook Island's Chicago Kansas & Nebraska is responsible element in the caie of this road, we have only to say that
The Rock Island has now the Qaincy is the largest corn carrier in the West withfor a good part of the total.
The same remark alco out sny exception. In the calendar year 1887 it brought
stopped Eew construction work.
to the additions in the Northwestern States, Min- into Chicago over 14,000,000 bushels of that cereal, and
applies
nesota having 210 miles, Michigan 302.^ miles, and Illinois that was a very poor year, too, ils deliveries at the same
208^ miles. The Age in its statement calls attention to point in 1886 having been over 25,000,000 bushels, in
one feature with reference to railroad building in the
It finds that in
Northwest, which is very sigu'Hcant.
1885 over 28,000,000, snd in
1884
over
31,000,000.
Finally there h(s recently been a change in
some of the
whero an specially hostile attitude has been executive officers of the road, which may mean little, bnt
shown towards the railroads, no new track whatever has also may mean much. Mr. H. B. Stone, the general
miles
for a local manager, has been promoted to be Second Vice President
been laid this year except 5
and the Railroad Guzette also leports and Mr. E. P. Ripley has been raiced from the position
belt
road,
Early in the year of Traffic Manager to that of General Manager. The
no new mileage in that Stale.
the fact that new construction work was company could hardly altf r its pol'cy with reference to
we alluded to
lows,
being pushed with especial vigor in the Southern Stat< s,
and the statistics bear this out, the Gazette reporting 283
miles laid in Alalama, 253 miks in Georgia, 223 miles in
Kentucky, 111^ miles in North Caiolins, 172imiksin
We should
South Carolina, and 191 miles in Tennessee.
also say that besides the 5,043
miles
laid altogether in
the United States, the Gazette finds 620^ miles of
the late strike of the engineers, nor
doing
so,
but
if
Mexico and Canada.
The Chicago Burlington & Quincy would appear at last
have made a turn for the better. Tha company has
this week issued its statemeat for the month of Sttptember, and for the first time this year we find gross earnings
there any reason for
charge of dutie?, it is possible that a greater willingness
m'ght exist on the part of the employes to deal with and
make conceesions to the new manager than to the old.
This accomplished, a very irritating sore would be re-
new road moved, which while
built in
is
the change of positions also involves a
it
remains must prove more or
leas
vexatious and annoying.
The stock market has su£fered more or less from the
and the holiday on Tuesday. Freced>
ing the election, there was a little exhibition of strength,
and early Wednesday the market was also strong and
election excitement
The higher, but since then the tone has been weak, with the
welcome as tendency of prices downward.
There are a variety of
Net earn- circumstances to account for this, besides the election.
reflecting signs of an improved state of things.
also The
here
o3, bat
record a falling
trunk lines reduced rates on provisions and
again
ings
the situation has improved, for the amount of loEs is kindred products from Chicago to the seaboard, and
the smallest reported for any mouth with one exception one of the lines also objected to the rates on grain
It At the same time the Chicago Burlington & Qaincr
since Jane 1887, when the net first began to decline.
large falling o£E in September last found itself obliged to rednce rates on packing-house
is true that there was a
year, so that the comparison is with small results, but the products between Omaha and Chicago, in order to
same had been the case in even greater degree in the meet the low rates between Kansas City and Chi*
month preceding (August), and yet the further loss this cago. Tae Northwestern Passenger Association likeyear in t^at month was $275,516, while for September it wise seems in a bad way, nearly all the roads having given
Altogether, the statement is the most notices of withdrawal.
On the other hand, rumors of
is only $144,869.
Here is mgotiations looking to a combination of the companies in
satisfactory that has been issued in a long time.
a comparison for six years, both for September and the the Southwest, so as to enable them to restore rates and
Arranged in this work in harmony, have had somewhat of a stimulating
nine months ended with September.
increase
way,
1887
is
trifling,
bat
is
significant
the loss as compared
is
which the
in 1887.
and
preceding
with the years
of course very heavy, but
particulars in
month
the corresponding
larger than in
result
we
is
have indicated the
better
than in other
Pacific,
though
it
properties,
CHICAGO BURUNGTOS i QUINXY.
ISSS.
Stptembtr.
:887.
1884.
i888.
1888.
|
18?3.
I
»'
»"
2,72t,58H
2,640,085
2,707,110
2.1I0»,1«S
1,181,244
1,143.203
1,l21,78rtl
1,329,013
1,593,344
1,486,838
1,(85.3241 1,570,162
«
*
»
I
2,475,144 2,464,924
Grose earnings.
Opernt'K ezpensis 1,48«,81I6 1,S31,B0-
NeteiimlnKB....
l«ltf.4J8
1,138,81':
Jon. 1 to Sept. 30.
lfl.58S,3l3'S!0,290,934 1P388,8«3 1»,060,141 18.505,826! 18,«34,197
Gro«» eornings
Operat'K exiooses 18,271,838 ll,e»4,7:9 10,191. 18-.|lO,60i>,40l 9,789,7221 »,591.5<7
1
Met earnlnga ....
3,317.075
What makes
is
on Missouri
has not been possible to obtain any definite information
The anthracite coal
regard to the project.
with
and particularly Reading, have been weak
the object of attack by operators for a decline,
months.
ever,
effect at times, especially
that
which now
a
0,136,6761 8,44»,7X| 8,716,1031 9,042,650
was quite strong.
Tne following statement, made up from ro'urns collected by us, shows the week's receipts and shipjients of
currency and gold by the New York banks.
the exhibit particularly encouraging, how-
numCer
exist, or
play or exert
9,056,175
and
on reports cf a less satisfactory state of the coal trade.
In the last hour of business yesterday prices made a sudden spurt upward, ltd by Missouri Pacific, and the cIoeo
of
new and
favoring elements
will soon exist, did
not come into
any force in the period covered by the
H-«* ending iVw.
BtflVtiV
», 1888.
ir.
OnrronoT
-
081,000
tl.»St.00ll
tosi.uoo
12,615.000
681.000
BoM
TotAl gold and
SMpfttbt
BmJu.
T. Banla. H. T.
leflal
tondcrs.
LoM. *1,S»t,0M
THE CHRONICLE.
544
Taking the foregoing in connection with ihe SuD-Treasury operations, the result is as below.
{
m
both houses of Congress, and by
two
Banks Interior Movement, as above
12.316,000
9,000.000
Total KOld and legal tenders
9,000,000
...
flJ.83l.000
$11,515,000
Loss.
last year.
Nov.
8.
Nov.
1888.
£
£
19,610,.5.S6
19.610,556
90,156.373
28,666,000 14,333,000' 42,999.000
5,948.000 15.569.000 21,517,000
40,083,673 49,172,700
*...
Aust.-Hung'y
Netherlands.
Nat.BelKiura*
National Italy
Tot. this week
Jotta.
i
20,364,627|
80,364,627
45,578,936 47,595,688
«3. 174,624
23,666,800
7,444,000
12,551,000
4,0M,0O0
12,093,000
1,195,000
3,581,000
1,124,000
8,094,000
2,551,000
8,983,000
8,826,000
8,101,000
7.485.000
2,389,000
6,970.000
it
and the verdict
closed,
quite emphatically pronounced against
proposal to
the
interfere with tariff duties.
And
yet this large excessive revenue
It is the cause of a drain
stated.
still
as
exists
on our banks which
is
week; the only sifety valve
afforded our money market and through it our industries
is the current purchases of bonds at high premiums.
in active
operation every
do not need to prove the injustice of excessive taxation,
or the wastefulness of this method of paying our debt, or
the disturbance
37,778.000
22 048,000
S.OSfi.OOO
platforms of the
with regard to
We
10. 1887.
OolA.
ToVtl.
eoid.
Germany
is
XL\U.
dividing line in the
the single
literally
interesting contest which has just
ifl34,0OO
amount of bullion in
week and at the corres*
Bonkto/
Bn^land
France
Holdincf
Loss. $1,534,000
900,000
Gain.
table indicates the
the principal Earopean banks this
ponding date
Ban*
«981.0O0
Bab-Treas. operations
The following
Chante in
Out at Batik). Net
Into Banks,
9, 188S.
ttie
Differences of opinion
parties.
made almost
Week encUny Nov.
[Vol.
197,3S5,251
109,653,229 88,868,700 198.511,029 109.612.383
Tot.prev.w'k. 110,812,154 88.896.254 199.708.4081109.052.295 87.699.442 196,651,787
The dlTlalon (lietween Kold and sUrer) (?lven In oiir table or ooln an d
bullion in tlie Bank of Oennany and the Bank of BelKium Is made from
All that
—
;
wide accord on the point that the whole operation should
promptly be suspended that i?, the unnecessary inflow
What we would
and the artificial ouiflow stopped.
—
suggest therefore
*
the best estimate we are able to obtain; In neither case is It olaimwl to be
aooorate. aa those banks make no dlstinotlon In their we-'.'ily reports,
merely reportinjf the total Kold and silver; bat we believe the division
we DJake Is a close approximation.
Note.— We receive the above results weekly by cable, and while
not aU of the date given at the bead of the column, they are th
retamg issued nearest to that date that is. the latest reported tlKures.
bond purchases are causing our currency.
and we think there i3
often gone over
we have
meets,
amend
its
is
that the Senate,
as soon as Congress
substitute of the Mills bill by striking
and repeal the whole of the
are aware that this is a
sweeping proposition, and runs counter to our views
expressed on previous occasions respecting taxes on
The repeal of the latter might meet
tobacco and spirits.
with special opposition on account of its bearing on the
out
all
of the tariff sections
internal
revenue taxes.
We
$132,958 through the SubTreasury for domestic buUioa during the week, and the
Assistant Treasurer received $2,177,667 for customs temperance issue; but as the States could then tax spirits,
duties, $1,566,377 63 being in checks drawn against gold and as the Internal revenue law cannot always remain, and
deposited in the Sub-Treasury.
as through the growing popularity of the high license system
The Assay
Office
paid
the retail of liquor
THE ELECTION, THE TARIFF AND OUR
is
being regulated, there would seem
to be now no insuperable objection on that ground.
Besides the point is that the conditions under which Coc
SURPLUS.
There seems to have been but one question settled by
A great
the result of our Presidential election this week.
many others have been talked about daring the canvass,
and a great many extravagant claims have been made
and believed for the moment, which now would sound
absurd if repeated, and find few listeners. The public
will easily reject to-day all thoughts which do not accord
with a full bfelief in the integrity of character and purpose
of the Presidentelect, or which indicate such a change of
gress meets 'and
Morton gives assurance that in the financial perplexities
of the Government the adminis'.ralion will not ba likely
to go astray.
On the oiher hand, veiy few would deny
that Mr, Cleveland's management o[ afEairs has been as
clean and business-like in its methods and as wise and
successful in meeting the difficulties and questions which
have been peculiar to the four years of his control, as
any the country has ever eojoyed.
But aside from all this, there has been, as Etated, one
wholly
by the people of the proposition
approaches this question are
urgent.
changed.
to
The
rejection
lower our customs duties baa settled the
tariff issue
for
coming four years, unless the verdict should be
reversed two years hence by the election of a sufficient
number of Sanators and Congressmen to make feasible
the passage of a tariff revision act through both Houses.
Until then at least, that method of reducing taxation is
out of the question, and even then a veto would probably
So there is no other form
policy as.will be detrimental to a continuance of our indus- render such a measure futile.
trial prosperity; while his association with Vice-President of relief possible, and the conditions, as is known, are
question settled, and, as appears to us, very clearly settled,
the
We
suggest the repeal of the whole of our internal
revenue taxes, for the further reason bcciuse in that form
the act would permit putting an end to that entire branch
of our revenue service, which of itself would be an
attractive
feature, as
claimed that
we have
has often been urged.
It
may be
not at present surplus enough to
allow of so large a reduction in the revenue. The internal
revenue receipts for the fiscal year ending with June 30,
1887, were $118,837,301, and reached
as
high as $124,-
by the result of this week's voting, and the quicker and 823,973 for the last fiscal year. Of course the repeal need
more fully that is recognized, the better it will be for the not take effect all at once in fact probably none of it
country.
The Government has a large surplus and an could go into operation before June 30, 1889. Then by
excessive revenue.
So long as these conditions exist, they the repeal of the Sinking Fund act, which is equally
are a menace to business enterprise, while being a tempta- desirable, a sufficient surplus would be made available.
tion to extravagance and corruption. ^^ To get rid of that We all know, that for a clean, economical administration of
excessive revenue then, seems to be the first duty of affairs, it is better to have the revenue a spur to economy
Congress when it meets in Decemb'er. But by the election, through being a little short, than an encouragement for
;
the majority of our people have said
to be lowered for this purpose.
We
tariff duties are
not
could wish a different
wastefulness by reason of
its
excess.
The suggestion here made we look upon
as a strictly
had been reached, for we think with many that free logical conclusion from the result of the election and from
raw materials, for instance, would go a long distance that condition of our revenue which, until rectified, will
towards opening wider markets for our industries. Yet keep the industries of the country in a constant fever.
that issue was put before our voting population as clearly How essential it is to take action at the coming short
as possible, for it was drawn with great distinctness by session of Congress, is readily seen when it is remembered
President Cleveland's message, by the action and speeches that otherwise this source of irritation to business and
result
NOVEUBKR
THE CHRONICLE.
10, 1888.J
this purchase of bonds must b« continued for a year and
a half more, since the newly elected Congress will not meet
until December, 1889, and could elTect little in the direc-
tion of changing our tax laws until the beginning of the
645
of a osiform national classiQcauon
in
sabatanco
laya
"You muat >Ii a regard
:
to the railroads
these local conuiiions.
"If a line of industry contributes more than its shara to
"the fixed charges of the railroads in one locality, it must
"do the tame in another. If it is specially favored in on*
Whereas now the pending legislagood shape for amendment, for immediate 'locality it must receive corresponding favors elaewhere."
action by the Senate, for retiirn to the House, and for It is obvious that this process, if carried to an extrems,
acceptance there also, since under the circumstances there would cause unnecessary hardship to certain lines of traffic
can be nothing gained by the lower House for tariil in certain locilities and give to other lines in other localireform by delay.
ties special advantages which they by no means need.
fecal year following.
tion
in
is
Germany
In
U.\'JFOJiMITyJN
RAILROAD CLASSIfJCA TION
For months past there has been a demand
defeat
there
But the
country.
own
is
ends.
This
national
demand made
Congress, where
itself felt in
on the subject was strongly urged.
any such action would be unwise.
the princple of uniformity in national classificalegislation
It is pretty certain that
Even
over the
ii
to
It
•uniform classification of goods on the railroads of the
country.
all
has been found that tbe:e were
instances in which it did more harm than good.
its
more many
Toe public demanded
for
a uniform classification
practical effect of this attempt
that exceptions should
made
be
from the general schedule. Taese exceptions became so
numerous that more than one-half of the tonnage of the
German roads is now carried under so-called "excep-
if
tional" tariffs; not always varying greatly from the
were right, the sudden chaogas which would result general rate, but yet necessary in order to prevent business
from any attempt to enforce it by a hard and fast law from being disturbed by the rigid rules of a uniform classvould involve great hardship to general business interests ification. What the Inter-Siate Commerce Commission
tion
as well as to the railroads.
Commission
it
feels that
such a
Tne
Commerce
law would be mwise
but
Inter-Slate
;
urges strongly and constantly upon the railroads the
neceEsily of
moving
because there
too long.
direction.
ago,
when
is
Much
in that direction of their
danger of hostile legislation
progress has already been
own
if
accordi
they delay
made
in this
The most important step was taken two months
the Trans-Continental Association, including
forty thoui-and miles of railroad, discarded the old Pacific
Coast
classification
and adopted, with some exceptions,
Up
to a certain point, the efiorls for
When
uniform
trying to do
at
same
tile
to increase the uniformity without
is
time
cess
carry
it
out in detail
pressure from local
rates.
admitting
many
involves
classifi-
connecting roads classify
the
If
railroads
they will be subjected to severe
business
interests
to
m»ke
special
be danger of the renewal in modified forms of the
will
When
system of secret rebates.
far
Tais pro-
exceptions.
dangers.
not allowed to do this openly there
If they are
it
defeats
own ends by
its
upon the railroads
to
uniformity
is
carried too
increasing the pressure
break the law.
pressure are increasing.
that of the roads of the upper Mississippi \'alley.
cation are praiseworthy.
is
E/ideaces of such
In the case of the Detroit Board
of Trade, recently decided by the Inter-State
Commerce
many witnesses complained that they were
now than under the old system because for-
Commission,
goods differently the inconvenience to shippers is often worse off
yery great. It causes much uncertainty as to rates on merly special contracts might mitigate the hardships of a
through shipments, and thus produces to some extent general tariff, while now any such escape is impossible.
many of the evils attending the system of special rates. The more we seek to force the varying interests of differ,
Special classification, if carried too far, is in fact little less ent localities into uniform lines, the more we shiil increase
;
than a modification of the old system of rate agreements.
this
danger.
A railroad tariff ought to be constantly developing to
must be
If the different systems are
offered to different shippers without partiality, and can- meet the needs of business.
zot be made a means of personal discrimination. But allowed a certain freedom, we have the best assurance of
they can be made a means of local discrimination, and of such growth. If, on the other hand, no change of classidiscrimination between different industries which to a fication can be made anywhere until the country as a
whole is ripe for it, such growth is sure to be retarded,
certain extent compete with one another.
Yet, notwithstanding it contributes to straightforward and may be altogether checked. Ttie successful roads
dealing between agents and shippers to have the practice of to day are the ones which are most f ally alive to losal
connecting reads with regard to this matter as uniform as needs. If wo insist on a national clas3ification, and at
possible, there are great dangers both to business and to the same time try to prohibit all exceptions, we prevent
ndependent action on the part of such roads. We thus
railroadsin attempting to carry the principle of uniformity
enterprising
railroad
managers
less
the
too far.
Each local classification is the result, not of the enable
arbitrary action of a traffic manager, but of necessities of to hamper the development of the whole country,
the business of that locality. It may not always be and bring the best-served sections down to a lower standIt is true that we need
wisely arranged, but it is at any rate an outgrowth of ard of railroad practice.
certainty of rates as a means of securing
business conditions in the district. Those lines of indus- uniformity and
point rigid
but beyond a certain
try which would be destroyed by high rates but which fair treatment
can be developed rapidly under low rates are favored in uniformity breaks down. We also need elasticity. One
any local classification. Those which can bear a high rate, of the great dangers to the Inter-Siate Commerce Comand would not be correspondingly increased by reductions, mission under existing circumstances is that in their
find their prodacta placed in higher classes.
It is ob- effort for uniform rates they may lose sight of the
Tne old-fashioned comviously for the advantage of a community that its busi- necessities of free development.
ness should be developed in this way.
Now it may mission of the Massachusetts type was perhaps lacking in
readily happen that an industry which in one locality power, but at any rate it gave this freedom and
would be prohibited by high rates and developed by elasticity. It is to be hoped that amid the various efforts
low ones is not subject to such conditions elsewhere
at legislation, some such bodies may be developed which
The only important
difference
is
that
class rates
;
that high rates which
may
readily be borne in
would prove a great hardship in another.
one case
The advocate
shall
prevent the
break by
its
own
law from becoming so
rigidity.
strict
as
to
THE CHRONICLE.
546
BOSTON
ALBANY AND NEW ENGLAND
cfe
the Boston
Under
|~V0L.
& Albany
XLVII.
by that
has also been affected
fact.
the Inter-State law the reductions in through rates
RAILROADS.
have in a number of cases worked a reduction in locri
rates as well.
The Boston & Maine has had to contend
Early in the year a serious
roads, lends interest to the reports now appearing for the against other drawbacks.
The Boston & Albany accident occurred at Bradford, which has proved a very
year ending September 30, 1888.
by reason of its character and prominent position, attracts costly affair, and the company is paying for it out of
We gave ex- earnings. The company has also spent increased amounts
attention apart from that circumstance.
Recent developmants in connection
witli
New
Eagland
from the company's statement in our railroad for renewals and for new cir-heating apparatus. In New
columns two week's ago, but have awaited the receipt of Hampshire tie rate on passengers has baen established at
the regular pamphlet report before making any edi- 2 cents a mile, which is a considerable reduction from the
tracts
comments.
New England roads have for many years had a very
prosperous career. So uninterrupted has tbis prosperity
been that at times when dividends in other sections were
being steadily and generally reduced, the New England
torial
rates previously prevailing.
Central Massachusetts
is
Finally,
it is
claim 9d that the
proving quite burdensome, tho
road, according to the Boston pipers, not even earning its
operating expenses.
We thus see that the inference that the whole New
were able to increase the rate of distribution, though Eagland railroad situation cvn ba judged or is refiacted
Thus a 10 per by the action of the Boston & Maine and the Fitchburg,
their dividends had been high before.
section. finds Utile support in the facts.
Tae causes and condicent rate became quite common in that
Now, however, somewhat of a change has taken place tions in those cases are largely special and local. This
few weeks ago investors were startled to hear that the- view receives further coafirmitioa froai the good exhibit
Boston & Maine had reduced its semi annual dividend furnished by the Boston & Albany. In is true that that
from 5 per cent to 4 per cent, and that this involved an road, as compared with the previous year, shows slightly
lines
A
by the Eastern road, which reduced gross earnings, with somewhat heavier expenses,
& Maine on a basis giving so that the net is 5@6 per cent lower than in 1886-7.
First as regards the loss in
the Boston & Maine 9 per cent before the Eastern cin But that is easily explained.
at the same time the l<'itchburg also gross.
The amount is small only $13,081, or less than
have anything
passed its dividend, which has not happened before in one half of one per cent and according to the report
must be ascribed entirely to the demoralization in rates
about thirty years.
These events naturally give rise to a fear that they on Western traffic. That we suppose refers to the commay simply be the forerunners of a general change that petition of the Central Vermont, already alluded to. This
New England roads are now about to undergo an experi- competition. President William Bliss says, has been so
ence similar to that other sections have passed through, active that much of the freight has been carried at less
and that dividends will have to be quite generally reduced than the cost of transportation. It is also to be borne in
and placed on a lower level. To be sure, so far as the mind that in the two years preceding earnings had
Thus to increased very heavily from $7,637,982 in 1884-5 to
causes are general, the effects must be general.
the extent tbat fuel and wages are higher than formerly, $8,925,745 in 1886-7.
Wuh regard to the increase in
So far also as the Inter-Scate expenses, the severity of the winter accounts for part of
all the roads must suffer.
law is proving a disturbing factor, the injury must be it, and there have been some other special items, such as
common to the whole system of roads. It; appears, how- fitting cars with steam-heating devices, besides extensive
Notwithstanding the decrease in
ever, that the misfortunes of the Boston & Maine and renewals and repairs.
the Fitchburg are both largely due to special circam- tie net, however, owing to these several causes, the comBtances, and therefore have no general bearing upon the pany was able to pay the usual 8 per cent dividends on
railroad situation in that part of the country.
Both roads its stock, meet all charges and expenses of every charachave greatly enlarged their systems within recent periods ter and description, and yet cirry forward a small surplus
by consolidation and absorption. Tne Fitchburg has undivided. And that is the specially gratifying feature
taken in the Boston Hoosac Tunnel & Western,- the Troy in the company's affairs. It will be interesting to see
& Boston, the Troy & Greenfield, and some other minor how the late year's results compare with those of previous
In doing tbis it changed its old stock into pre- years.
roads.
Here is the record back to 1872.
entire suspension of dividends
to the Boston
latter is leased
;
—
—
—
—
ferred, increased
stock besides.
it,
As
a
made a new issue of common
the company which before had
stock, now has about 2 Of millions,
and
result,
only about 5^ millions
all but 7 millions of it being preferred, on which dividends are now suspended. Doubtless there are advantages in the
to
make
it is
new
it is
no easier
returns on an increased capital in the East than
in the
18?a.,
»
2,880,884
The Boston & Maine has
also
made
t
5,846,768
1873.
3,011,.508
685,287| 9,798,032
605,152; 8.963,138
3,015,377
5,232,599
187S.,
2,972,455
1876.,
2,626,992
4,328,131
3,886,133
18T7..
2,326,472
3,790,781
2,275,351
2,165,«99
8,721,436
1880..
2,381,499
3,588,839
4,530,913
18S1..
2,883,046
3,014,181
4,328,908
8,934,133
4,478,180
4,090,308
system, though in a different way. It leased the Boston
Lowell combination, which had previously bean greatly
1883..
enlarged by the absorption of the Central Massachusetts,,
Connecticut & Passumpaic, &c.
Hiving acquired tho
1884..
3.282,777
3,193,452
1885..
3.071,283|
3,785,929
1888..
3,294,003,
4,208,03:!
18S7..
3,605,079!
4,493,588
its
&
Net
Expenses. Earntnga
I
*
631,947, 9,259,699
0,221,183
1879..
great additions to
Total
Qro88
t
6,896,934
7,561,159
j
1878..
West.
ice.
Earninos
1874.
acquisitions, but evidently
FreioM
Earninga. Mails,
PassenQer
Fiscal Year
Sept. 30. SarninQs,
Ended
1883..
569,388 7,890,954
661,934 7,074,758
602,357 0,779,610
638,748 6,63.1,533
872,925 6,127,463
t
2,362,616
3,236,873
6,518,812
2,414,916
5,371,903
2,498,051
4,082,991
4,013,760
2,391,764
4.113,997
3,219,533
2,166,844
2,703,839
848,70-
7,711,119
3,723,824
6,218.501
2,193,818
878,334
798,080
784,010
804,959
800,790
705,847
826,178
840.083
7,875,285
5,083,412
2,188,873
7,790,374
5,600,991
2,189,333
8,539.370
6,158,001
6,785,877
2,380,973
2,362,839
5,293,876
5,810,388
3,311,304
8,3118,733
8,925,745
8,3;3.63ai 2,652,109
8,148,713
7,637,982
2,488,316
& Lowell, a very active competition was bagan on 183S..
8.833,681 6,471.950 2.410,708
3,647.78
4,385,817
through business to the West in conjunction with the
It may be thought surprising that with the growth of
Central Vermont. Not unnatarally the venture has proved the New England section and the comparative freedom
unprofitable.
Bat the harm has not been confined to that from the constraetion of parallel and compating lines,
Boston
»l
road.
A part of the Fitchburg's misfortunes are ascribablo
to the
same circumstance,
this competition of the
for the
Boston
&
Fitchburg had
Maine.
to
meet
In minor degree
which have beau such a disturbing element
tions, the gross earnings
much below
those
of
of
fifteen
recent
in other sec-
years should
or sixteen years ago.
fall so
The
November
total
for
THE (^HRONICLE.
10, 1888.]
1887-8
is
and over $900,000
tion is veiy simple.
being 2^ times as much troight going ewt tt freight gotsg
Bat the explana. weit, and this preventi the operation of the rokd at
low
be seen from the division of an average aa would otherwise be the case.
nearly $400,000 leas than in 1871-2
less
u
than in 1872-3.
It will
the earnings that the loss occurs entirely in freight, the
passenger earnings having steadily risen of late, and now
being the largest on record.
freight
for
1887-8
The
total
receipts
from
stand at only $4,385,817, while in
amount was $5,846,768 and in 1872-3
being a reduction in the one case of nearly 1^
$6,221,183,
million dollars and in the other of nearly IJ milhons.
There was a slight falling off in the late year in the ton1871-2
the
nage movement one
4 05,250,675 tons,
647
mile,
against
and yet the
total
stood at
only 290,064,965 tons in 1872
and 317,670,762 tons in 1873. The number of passengers
carried one mile is 19.3,155,320 now, against 113 million
in 1872 and 120 million in 1873.
The falling off in earnings is due entirely to the reduction in rates, this having been hardly leas conspicuous on
In
the Boston & Albany than on many Western roads.
part at least the lower average follows from the large
amount of through traCBc possessed by the road, rates on
RAILROAD GROSS EARNINGS IN OCTOBER.
After a decrease the previous month,
it it
somewhat
of
a surprise to find, on the roads reporting below, an in*
compared with the corThe increase is not large,
crease in earnings for October, as
responding month
last year.
being only $I23,583-The mileage on which these earning!
is about 5 per cent more than last year, bat of
new mileage cannot be expected to contribute
are based
course
much
to earnings at
The
result,
pears on
its face,
reported by
first.
however,
is
not quite as satisfactory as ap*
because over half a million increase
one single
company.
The Northern
is
Pacific,
which has so long been distinguished for its heavy gains,
this month beats its own best record and shows an increase
of $544,013, or almost 33 per cent, and this, too, notwithstanding the smaller crop of wheat raised in Minnesota
and Dakota, the improvement coming largely, as we have
which are more or less governed by the competition of previously taken occasion to point oat, from the Pacific
the trunk lines, though se we have seen there has also
end of the system, that is from Oregon and Washington
been competition from the New England end by the Territory. The Milwaukee & St. Paul also contributes a
In the late year the road realized
Vermont Central, &c.
large amount of increase (*141,811), besides which the
an average of only 108 cent per ton per mile on its entire Atlantic & Pacific has a gain of $59,214, the St. Paul &
freight tonnage, which compares with an average of 2 02
Kansas City a gain of $43,451, the Norfolk & Western
The average per
cents in 1872 and 1-96 contain 1873.
an increase of $47,871, and the Western New York &
passenger per mile stands at 1-89 cent, against 2-54 cents Pennsylvania an increase of $46,047.
But on the other
and 2-49 cents respectively in 1872 and 1873. It will be hand, there are some very heavy losses. Thus the New
noted that the receipts from passengers are now only York Central has lost $359,104, the Louisville & Nashabout $700,000 less than the receipts from freight, while ville $105,181, the St. Paul Minneapolis & Manitoba
in 1872 and 1873 the difference was about $3,000,000.
$89,200, the Denver & Rio Grande $68,365, the Kansas &
But it is not unusual for roads in that section of the country Texas $57,489, the Wabash Westert $64,712, the Texas &
derive a large if not the chief part of their revenue Pacific $52,657, and the St. Paul & Duluth $43,522.
from passengers. In fact there are a number of New
The roads have this year had the advantage of an extra
England roads where passenger receipts are in excess of working day, the month having contiioed one less Sunday
freight receipts.
than October, 1887, and that of course has been of conThere is one other feature worth alluding to, because it aiderable help in raising totals
but wi.h that exception
"VVe
is common to nearly all the New England roads.
and circumstances have generally been against
conditions
For
refer to the large percentage of operating expenses.
In the first place, it must be noted that
the present year.
1887-8 this reachfs nearly 73 per cent on the Boston & the comparison is with unusually heavy figures. The
Albany. As pointed out above, there were some special gain for October last year was much greater than for
to
;
circumstances to swell expenses in the late year, but the
that* is, close
ratio in other years has also been heavy
was the best result reached since
the previous March, and amounted to over 3^ million
up to or above 70 per cent. Moreover for the whole dollars. Moreover there had been a considerable gain in
New England section, according to the tables in Poor's the same month in the year preceding (1886) and a small
—
September.
In
fact, it
Manual, the average for 1887 is full 70 per cent, being gain even in 1885, so that the present increase follows
higher than in any other geographical division. What succetsive gains for the previous three years, the improveare the reasons for this high ratio? The Boston & Albany
in some of these years having been very marked.
will serve as
an
illustration for
ment
The truth
all.
&
Albany for the late
the cost of 11 locomotives, 327 freight
year were included
cars, 39 passenger, sleeping and mail cars,. and 2 steam
All betterments, improvements, and new
excavators.
In the expenses of the
Boston
says that the total paid by his road in 1887-8
was $588,315,
being 2-94 per cent on the company's stock, 6-06 per cent
of the year's total gross revenue, and 10 per cent of the
entire expenses.
Then
there
are
some other reasons
the heavy expenses special to the Boston
&
for
For
amount of
Albany.
so far as our statements are a gu'de, October
all
the years of the current
decade with one exception, as the following recapitulation
of the monthly summaries baok to 1880 will show.
£am<n«f.
UfUagt.
construction o.utlays were also included in expenses, the
company having charged nothing to capital account since
1877.
Most other roads in the New England States are
pursuing the same policy. Furthermore, taxes are very high.
President Bliss
This is referred to in the present report.
is,
has been a good month in
PerML
Oivea.
Mat*.
Oot.,lSS0 <8Stoadi)
Oot., 18S1 (48 roada)
oat-, 1888 (68rotMi»
Oot.,4888 (60 ro«<U)
Oct- 1881 (67roit<U)
Oct.. 1880 (ASnwiU)
OetMl886 (SSrowU)
Oct., •STdOSrowls)
Oct.,
'88 (100 rosdsl
Tear
PrecoUng.
mif.
83,045
88.513
84.103
48.784
45.806
44.076
45,665
86,870
60.466
67.360
Ttar
47,709
00,179
49,931
48,886
B6>,B79
63,068
00,847
rear
Ttar
OWTMM.
(?<wn.
t
88.802,779
83,012,862
89.561,233
29,066,886
88,310,048
«
*
18,873,786IJ«. 8,478,97?
80,747,860' liw. I.8M.S7S
86,838,623 in«.4,O88;«80
88,863,fi6a r>K. 9.788,388
84.T67,T9«' DM. I.4BT,'M8
7»I,8»8
aO.OOtJBM Inc. t.iKjtn
88,879,888 80,.181.388 Tiu.
88,860,770
31,788,480
88,879,076 ;«!.
80,448,0681 89,384,476 Inc.
9MMM
ISBMS
Quite a number of other things have operated against
The presidential canvass became more
progressed, and ab8<rbed much
through traffic on which the margin of profit is very exciting as the month
railroad constrnclion is on a smaller
smalL Besides this, the movement of its traffic, both attention. Then
In the closing months of last year
ago.
local and through, is very largely in one direction, there scale than a year
instance, the road has, as already slid, a large
the railroads.
THE CHRONICLE.
648construction
work was being
more rapidly than improved on
from the fact
it not only direct
prosecuted,
ever before, and the railroads got from
benefits in the carrying of construction material, but also
Yellow fever
various important indirect benefits.
also con-
the present
tinued somewhat of a disturbing fea'»ire
[Vol.
earnings of last year.
their
XLVIL
Tais follows
though there was a smaller movetuent
of wheat in their territory, there was a very much heavier
movement of the other cereals, and especially corn, oats
and barley. In fact, if we take all the various cereals
and add them together, irrespective of the differences in
that
Most of the local quarantines against the fever
were raised by the first of October, but at some points weights, the receipts at Chisago prove nearly six millio«
bushels larger than last year.
Here is a comparison for
this did not happen till later, that at Jackson, Miss., not
three years on both grain and provisions at Chicago. Ttie
being removed before the 12th. Of course, quarantines
figures cover the even month.
stop trsflSc altogether, but the fever had a more cr less
RECEIPTS AT CHICAGO DURINO OCTOBER AND SINCE .TAN. 1.
general effect, while at its height, in checking trade and
year.
Jan.
busm* ss all over the South. On special roads and in special
sections there were some additional circumstances operating to reduce earnings.
For instance, the East Tenncsaee
had very heavy passenger earnings last year, resulting
from the increased travel incident to the Atlanta Exposi'
Wheat, busta
1,870,092
I,e09,52«
Corn., bush.
Oats. ..bush.
Rye... .bush.
Barley.bush.
9,365,375
6.997.903
604,320
2,-89,593
tiOD. This favoring circumstance being absent the present
Total grain
21,627,292
15,700,965
13,8'33,858 I21,6J3,086 109,767,524 110,581,024
Flour... bbls.
Pork...bbIs.
502,589
4,342
9,866,988
4,499,607
384,842
654,737
3,070,120
4«a,62«
5,389,243
6,071,518
53,571
17,767
1,006
32,061
6,010,670 110,281.673 178,567,776 125,240,178
2,862,950 52,533,087 68,486,629 66,901,096
5.040,749
3,992,1961
4,132,764
464.706
year, the effect on the road mentioned and others simi
larly
In another
situated has of course teen marked.
Octoler.
Cut
m'ts.lbs*
Lard.... lbs.
Denver & Rio Grande had some trouble with its
switchmen and yardmen, which resulted in a strike, and
materially mterrupted operations while it lasted. A good
section, the
part,
though not
all,
month
that road for the
earnings reported by
of the loss in
is
owing
LIveboBsNo
It
amounting
month, and in some cases a
Isefoie the close of the
full
10th of the
the
restoration did not occur
At
been larger in only a few
much more
cases.
month
freely than in the
6,224,264
8,814,599
39,239,146
117,297
68.533
43,842,278
2.032,296
1,736,206
2,0*?B,741
7,970,099
959
11.8»8,f8S
2,623,365
670.680
Cotton moved
preceding, and yet
43.647,174
614,579
8,791,560
9,777,381
lard,
in
also
tho
and
this point
at
larger
also
on the other hand in the case of
a falling
arrivals
of
off
live
and a decided
hogs,
the
latter
for this year to only 384,842, against 570,680
in October, 1887.
month.
In the matter of the movement of agricultural product?,
this has
6,S13,6»2
10,808,170
51,798,60«
34,301,383
805,484
and
receipts of pork
new
till
1886.
17,415,075
movement
cereal
decline
did not go into effect
1887.
2,350,183 11,470,707
S,480,520l 5<i,257,TC6
With cutmeats there has bsen
to that cause.
1. to Oct. 31.
1868.
1886.
be observed from this that while there was a
will
larger
reference to the advance in rates in the Northwest, the
tariff
1887.
1888.
the other interior markets
ment has been
is,
there
that at Caicago
— that
most cases a decrease in corn, with an
wheat, though there are exceptions to the rule.
is
increase in
the We3t, the move-
of
just the reverse of
in
the aggregate does not quite reach the amount for the
At St Louis there is a falling off of nearly 600,000 bushels
The gross shipments in corn and a falling off also in oats, but larger or smaller
overland do not differ materially from 1887, being 201,925 gains in wheat, barley and rye. Detroit gains almost
bales this year, against 205,214 bales last year.
But the 700,000 bushels in wheat, but loses in most of the other
receipts at the Southern outporfs are nearly 80,000 bales cereals.
At Toledo, Cleveland and Peoria the movement
less than in 1887.
The falling off has occurred chiefly at has been more or less irregular and diverse. The following
the Gulf ports Galveston, New Orleans and Mobile.
is our usual detailed statement.
In the grain movement there have been some very RECEIPTS OF FI.OnR AKD GRAIN FOR FOUR WEEKS ENDED OCTODCR 27
AND SINCE JANU.iRY 1.
jmtjortant charges.
The reduced yield of spring wheat
corresponding month
last
year.
—
Northwest
tained
is
its
is
plainly reflected in the results.
the cne point in tbat section which has
movement
Min.
main
of last year, the receipts for the four
weeks endirg October 27 being 6,095,186 bushels, against
6,042,960 bushels last year. At Duluth the arrivals were only
661,108 bushels, against 2,710,532
3,586,477 bushels in
1886.
bushels in 1887, and
At Milwaukee
Flour,
the receipts
Chicago
if
the figures
of inspection are any guide, the spring
wheat receipts at
Chicago have been steadily declining in October ever
since 1884.
The falling off is so noteworthy as to make
it worth while quoting the totals.
Thus only 1,659 cars
of spring wheat were inspected in October, 1888, against
2,699 cars in 1887, 4,224 cars in 1886, 4,642 cars in 1885
and 8,113 cars in 1884. Of winter wheat, on the other
hand, the inspection was 2,117 cars in 1888, against only
876 cars
The
last year.
effects of
are seen chiefly in
the reduced
movement
of spring
wheat
the earnings of the roads north of St.
Paul, like the Manitoba and the St. Paul & Duluth, both of
(biuh.)
4 wks. Oct., IS88
4 wks. Oct., 1887
I
I
Ry*.
OnuM
206,950
205.161
81nce Jan. 1,1888
Since Jan. 1,18S7
1, 1)72,273
887,310
1,420,449
5,884,81«
6,a74,253
2.454,068;
n.498,630
541.012
63.279,930, 13 074,M81
1..591,1181
110,814
7.»:;0,854 2,018,832
43,423,912 38,862,640
4.941,630
8,727,819;
618,135
soa,ooo
295,450
1,550,500
2,119,550
3,610,284
169.600
16,990
591,618
lei.OtO
Milwaukee^
St.
1,982.920
84,880
90(',n(»
2,375,0001 4,128,918.
92,1,30
7»8,2«U
761,818
Louis—
4 wks. Oct., 1888
Indeed,
BarUv,
Oimh.)
1,693,072
1,706,462
n,29«.:<28
17,424,771
would seem to have done just about as well as a year ago,
but the totals in that case are a little misleading, since
while the former has decreased.
Oatt,
{bush.}
610,073
519,907
6,347,242
5,063,834
Since Jan. 1.188.S
Since Jan. 1,1887
Chicago
they comprise both varieties of wheat, spring and winter,
the movement of the latter having decidedly increased,
Cam,
Ifiuih.}
—
4 wks. Oct.. 188«!
4 wks. Oct., 1WI7
4 wks. Oct., 188S
1 wks. Oct., 1887
are 887,310 bushels, against 1,420,449 bushels.
Wheat,
(bbla.)
in the
nespolis
Since Jan. 1, 1888
Since Jan. 1, 1887
1,107,779
942,783
11,007.288
8J3,a«7l 12,573,052
95,469
87,330
758,800
770,085
701,266
927,815
1,375,9,-0
1S,430,B31
13,105,258
7,r25,780
68,963
l,108,02n
8,800, 105
738,508
485,148
1,883,949
1,820,786;
122.585
ai,3io
375,703
181,15»
To'edo—
'let., 1S87
Since Jan. 1, 1888
Since Jan. 1, 1887
Detroit—
4 wks. Oct., ISas
4 wks. Oct., 18S7,
Since Jin. I,i88s
Since Jan. 1,1887
ClevcUind—
4 wks. Oct., lass
4 wks. Oct ISHSince Jan.l,lS^H
Since Jan. 1,IS8-
4 wks.
,
15,748;
8V.400I
04?,lRfl
ISO.OOil
228,3iil
6,748,6.88
254,858
183.292
1,070,860
8,405,972
1,567,271
379,477
24,916
1,431,380
100,867
198,506
665,994
1,385,603
162,733
1,748,957
1,257,682
51,834
65,692
011,910
748,290
174,898
1,712,853
1,473,323
579,800
744,210
1,638,000
1,441,500
915,575
20,168!
7.^5,219
184,479
154,850
6,052,720
6,211,671
28,750
17.1761
237,5161
189,699
341,919
184,175
2,487,34
2,360,985
!l,8Mi
7,289
105,468
67,282
186,870
142,350
1,351,165
857,425
893,058
222,178
1,499.108
1,108,958
310,933
231,7!
205,382
2,5001
16,600
21.861
133,886
8S.563
12,172
124,03»
140,483
88,422
165,529
453,798
743,152
53,134
41,420
241,401
2,782
530
22,126
10,750
661,108
2.710.532
0,822,85'
9,098,689
lel,5H
Peoria—
4 wks. Oct., 1881
4 wks. Oct., ISS'
Since Jan. 1,1888
Since Jan. 1, 1887
6,833,6;SO 12,555,880
5,878,590
9,809,725
183.000
86,950
728,965
606,450
8r,
;n
41.;
EMluth—
4 wks. Oct., 188.8
4 wks. Oct , 1887
Since Jan. 1,18SS
Since Jan. 1, 1887
Total of aU4 wks. Oct., 1888
4 wks. Oct., 1887
4 wks. Oct., 1886
7,f09,28l
1,186,140
8,»14,31»
1,112,210
887,774
9,584,931
51,«50,71ll
Since Jan.l.lHSS 10,234.913;
Since .Ian. 1.188^ 0,671,4571 «3,307,71S
Since Jan. 1,188(1
7,217.943! 64,04,'.,:il4
945.402
10,053.074 9.757,967 5.088.212
202,416
9.108,339 8,010,989 3.290,328
310,277
7.690.305 6,2;9,19.i 3,527,843
79,297.188 71,233,008 15,087,839 3,r.l«,.'>21
38
66.647,749 81,718,183 15,823,867 1.461,738
47
82,311,20" 5li,(>58,5l0, 18,804,325. l,S4'l.7n
Note— Receipts at Mlnneanolisnot Incluited
in
the above table were in Ibe
SKalnsl 0,042,930 bushels fof
weeks this year ft.dOo.ltO bushels of wheat,
which show large losse.", though the latter has also suffered fourlike period of 1887.
the
through the opening of a rival line to Duluth. The roads
We have already stated that Northwestern roads as a
Bou'h of St. Paul and Minneapolis, on the other hand, rule have done quite well.
In point of fact as a class
have done remaikably well, almost all of them having hey have done better than any other group in our table.
NoTBMDER
The
St. Paul,
Rapids
THE CHRONICLE.
10, 1888.J
the Central
Iowa, the
Northern, the Chicago
it
the Milwaukee
&
Burlington
Paul
St.
Cadar
& Kmsu
(Woior.
&
Cblc.aW.
Western, and the Wisconsin Central, all show improved
and only the roads abovd .S',. Pau', like the Manitoba
and the St. Paul & D iluth, fall behind. Bilow is acjmpar*
Cln.
Bait.
on a few principal roads, including the
Pacific.
1888.
Ktobtr.
Bur.C. Rap. &Nor.
1K39.
1887.
8
t
330,866
1886.
1
816,204
St»,66(!
1S84.
319.50.1
vman
188.87T
l4ft,INI
81.181
18S,ll6a
llifl,r>8e
142.1M
101.878
118.688
««,788
186,881
ISO.KOl
l»t.i|01
ll»,88e
197.114
ia8.ivo
64.000
180,^00
a8.7M
68,m
WiJWI
MOMS
wi.m
l,448,«M
1
888,41''
413.187
841,083
887,747
i.874.46*
1.6SB.inn
148Uti
asBMS
(
774M
n»jt»
unimn
MiaSHS i.ni,m
•<S.73S
8»4,8N»
Unea.
1883.
*
«
AU
•
87CI.MI1
808,418
260,8^5
Total
un.
1884.
•
814.836
09.449
7».W)3
210.004
T7.0S7
•dnnd IUp.*Inii.
Ohio a MMiUilppI
1888.
(
1W.78J
809,071
I28.B2S
lce.os«
BTiiuT.aTorr«U.
rilot* P.Marq...
ISM.
•
1«3,8»
Uat.Luulni&No.
'
(
Mloh...
Wa»h. a
1887.
1
S«8,819
128,468
ChloaaoAaMt.III.
results,
Northern
IHHH.
City,
Northern, the Milwaukee L»ke Shore
isoa for six years
519
OnOS.* EARNIXOg
A^D MILKAOE
fX OCTOIIKR.
«
t42,7W
188,878
183,365
147.943
281,414
154,881
St. P.
8,048.600
2.900,688
2,798,877
2,898.474
2,53»,706
Northern Pacific.,
^t. Paul ADulath'
.SC.PaalM.JbMttD'
2,218,884
1,674.881
1,443,667
1,538,286
1,461,511
8,531,188
1,397,228
162,962
072,600
206,481
212,235
050,057
177.686
166,na3
I82,»:9
1,061,800
1,001,789
6,770.610
6,192,195
6.851.2SS
central Iowa
Chic. Mil.
A
Total
807.640
lt8,609
1,014,862
Orott Eamingt.
Xame
of Road,
1889.
041,286
Atlantic
&
Paolflo...
&
Buff. Bocli.
Plttfll)..i
Cod. Klip. ANo..|
Ciiiro Vine.
Clilo...|
'Ciillforula Southern.!
Caiiadlftii Pacille
Cape: Fear
Ya<l. Val.
((Mitral of Iowa
•Ct-utril Vermont
6.094.fl«o' 5.618.597* 6.41«.774
JJiirl.
&
Southern roads, we have seen, have suffered from
from a diminished cotton movement,
various causes
irom yellow
—
Hence it is not surprising to find
ti fsiling off in quite a number of cases, among which the
Louisville & Nashville, the Memphis & Cuarlestonand the
Tesas & Pacific are quite conspicuous. The Richmond &
Dinville roads and Norfolk
&
"Western, on the other
iand, distinguish themselves by making further gains
this year in addition to heavy gains in previous years.
In order to show how the earnings of these roads run foi
«
series of years,
OctoUr.
we
give the subjoined exhibit.
1888.
1887.
t
Chesapeake & Ohio
Chea. Ohio & 3.W.
1886.
1885.
$
(
l-322,91»
412.349
222,726
828,548
-1-341,011
053,212
1,433,525
1,538,706
-(-13«,125
17el.5W
263,170
445.623
543.300
160.000
263.480
837.752
289,920
456,017
1,379,823
160,909
234,410
334,712
527.800
154.000
4.1 72.886
Rlchm. 4 Dany.
Vi. Midland
Total
4..'i78,l!8
+211,6J5
..
..
1884.
«
«
307.436
270.181
163,107
257.163
372,OT1
181,437
1883.
136.945
242.881
412.289
411,380
1,863.489
133.795
1,291.714
425,721
161,614
253.956
285.981
425,516
152.939
288.495
42J,179
4,000,199
3.851,742
375,813
148,2o4
200,333
455,593
1,504,465
139,183
•256,271
126,245
•212.469
167,505
331,210
429,814
178,167
3,577.483
4,077.125
& San Francisco this
but the Missouri Kansas & Texas
"We have spoken above of the smaller
In the Southwest the Sr. Louis
time has an increase,
atill
&
ruts behind.
{
Flint
&
'Ft.W.
the
Southern
Tne following
ports.
our usual table giving full details.
BEOEIPTS OP COTTON AT BOUTRERN PORTS IS OCTOBER, AND FROM
JANDARY 1 TO OCT. 31. 1888. 1887 AND 1886.
is
"
Since January
!
Port!.
1883.
Oalreaton
ElPaao, &0
358,144
bolet.
1886.
427.259
443,783
948,746
189,2 Jl
21,265
531,891
11,868
290,935
10,803
77,360
1,171
Mobile
Florida
earannah
Branawlck 8x
55,951
230.934
21,147
217,812
8,705
9,981
75,689!
102.724
1,2121
1.789
283.298
240,599
323.5!'0
2.809.686'3.156.568
2.948. 1 95
,
Charleaton
Port Royal, 4o
ito
Hortolk
877,4.53
Weat Point, Ac...
Total.
1887.
936,151 1,133,525
107,567
12J,123
6,360
16,715
486,844 541,598
M*v Orleans
WUmintfton
WuahlDgton,
242,945
1,118,021 1.197,394 1,020,468
PercMarq.
& Denv. C
4.533
15-3.210
237,9-1 ij
191,3.38
228,734
330.856
70,120
58,777
1.305,000
33,080
112,798
185,829
396,52s
137,411
319,068
203,412
..
78,931'
....
Gr. Rapids At Ind'a
Other lines
tGrand Trunk of Can
*
204,042
19,038
184,918'
74,546!
79,334'
1,263,966
29,128
128,673
190.955
412.349
148,484
•Kan. C. Ft. 8. & Mem
•Kan. C. Clin. & Sp...
Kentucky Central
•KcoEuk ic Western..
& Pembroke.
Lake Jirie Western.
LehiitU A Hudson
Kinf?st.
..t
Rock
<k
Mem..
Louj? Island
I-ouis.
Fvans.
Loitisvilio
*
&
St. L.
& Nashv.
.
Louisv.N.iUb. &Chlc.
Louis. N. O.
A Texas
.
Mar. Col. & North'u
Memphl;si & Char'ton
tMexiean Central
;Mexlcan Railway..
Mllw. L.Sh. AWest...
.
Milwaukee & North
Mo. Kansas & Tex...
Mobile <t Ohio
.
Natch. Jack.
& Col
.
N.y.Ceut. &Hud.R..
N. Y. <Ss Northern
N.Y. Ont. itWesfrn..
Norfolk ,.k Western. ..
Northern PaciHc
Ohio A Mississippi...
Ohio River
Ohio Soutliorn
Ohio Valley of Ky....
PittsburK A; Western.
PrcBcoit A Ariz. Cent.
Richin. A Danville..
Va. Midland Dlv...
CUarl. <;. i A. Dlv.
219,098
55,989,
221,205
10,762!
1,683,424! l,70:j,10li
Houston & Tex.Ccut.
l.ittlc
receipts of cotton at
I
ChcHaiieako.t Ohio...
"dies. Ohio & 8outhw.
Chicago A Atl.intic.t
193.-198
214,616
Chicago Sc. Eaat lU. ..
222,919
203,97 1^
Chic. & IiKl. Coal
,554
4 •,440
Ohio. MUw. *St. Panl.i 2,912,50o| 2,?U0,689
Chicago & Ohio River.
0,G35
5.2021
Chic. St. P. A- Kaiis.C.
270.571
227,12i)|
Chic. & West .Mich. ...
128,403
128,62.5!
(;in. Jackson & Mack
53,782!
53,660'
*Ciu. N.O. &Te.\. I'ac.
205,549
211,142
"Alabama Ot.Soutli.
80,109
95,164'
-N.O.&.Voi-th Kast.
56,318
49,068
"Vickiib. & Meridian
26,51*
42,238
'Vlcksb. Sh. &Pao..
41,915'
48,853!
Gin. EicU. & Ft. W...
37,216
4'.>,1I4
Cin. Wash. A Bait....
193.837:
214,036'
"Clev. Akron A Col...
52.021;
35,9751
Cleve. & MiM-letta
27,1891
31,176
Col. & Cin. .Midland...
33,034
30,410i
Col. Hock. V. &Tol...
308,-z7S.
283.5701
Dcuv. & Rio Grande.
729,200
797,565!
*Denv. & K. G. West
«(),300
82.475
Detroit Laus'K & No
100,083;
99.410:
"liastTcnii. Va. &Ga.
373,824!
389,147!
Evansv. & lud'nap'a.
24,513
20,242'
KvanBV. & T. Uautc.
77,037!
78,303
Kanawha &Ohio
Not Including tlie .St. I,ouls & Cairo.
Fcurth wet-k taken same as last year.
*
*
«
396.528
Oln. N. 0. & Tex. P.
B. Tean.Va.&Ga..
Loaiaville & Nash.
ilemphls & Char..
Mobile & Ohio
KortoiliiWest.
i
fever, &c.
1887,
9
309,592
23,705
250,311
15,959
101,839
2l,y61
21,198
218,219
22,357
43,151
287,006
298.834
23.853!
273,694i
14,453
104,797
23.7011
20.079
202.795
632,7521
253,170
10,242
3,175,79ti
49,500
144.174
445,623
2,218.894
382,418
52,922
65,909
11,917
194,172
10,944
563,300
168,000
115,750
69,800
62,350
12,200
10,900
85,888
374,223
..
1
a few leading roads the comparison
is
as follows for s'x
*
years.
t
-1-6,420
294
818
204
1,016
1,030
•2(i7
—20,5.67
+ 41,034
( 0,552
+ 14,125
267
210
4.060! 4,481
234'
220
293, UOl
97.491
690,241;
262.480'
13,721,
3,534,900
49,S211
14=',356|
397,752
210
810
500
398
268
250
610
600
502
398
268
256
146
5,070
146
5,400
86
86
602
414
301
338
295
19«
143
170
86
281
144
—5,126
-15,821
1-11,073
—21,14
+ 18,948
+4,114
+ 141,811
+ 1.433
+ 43,451
.50 li
790
414
316
330
295
—162
+ 113
—5,693
—3,095
+7,250
—15,690
—6,938
—2,898
—20.799
190
143
170,
86
281!
1941
loa,
+ 16,016
-3,987
106
70'
+2,621
70
325'
+24,708
325
—08,365 1,4621 1,317
+3,825
369
369
+6,639
323
268
-15,323 1,098 1,098
138
+4,271
138
—1,260
150
156
—15,086
303
363
+ 22,942
4501
277
—17,163
440
440
+2,276
32
32
—19,677 3,419 3,418
+10,768
613
513
-148
12tf
120
671
163
254
—7,177
671
163
254
148
115
592
63
135
354
278
254
-10.5,181
2,173
2,023
— 17,983
+ 1,007
—38,8'>9
+7,799
537
514
45
330
+ 1,698
537
512
45
330
1,236
1,236
—9,779
293
592
303
577
269
—23.353
+ 1,508
+ 42
—1,737
+ 1,119
—30,89
133,319
441.216
207.103
818;
-4,420
17,936'
+ 21,040
+ 12,853
+ e,.81
148
115
548
03
135
3.54
293
—57,489 1,386 1,386
—9,310
687!
637
—3,479
100
100
—359,104 1,447 1,447
+ 179
68:
54
—1,182
320l
320
554
+ 47,871
539
1,074,881
+ 544,013
3,306
—30,710
+6,898
-5,130
3,081
413,137
46,024
01,129
616
211
616
172
128
75
367
78
797
365
37S
29«
290
128!
+ 2,779
100
—13,040
+3,768
307,
7,1 TO
,VJ7,800
+ 35,.5O0
154,000
109,228
65,891
02,304
11,800
10,158
100,136
347,468
+ 12,000
9,l,'<8
207,218
Col. ii Greouv. Div
Tae trunk lines and their connections, and the Middle
Western N. C. Dlv..
Western roads, in most cases report diminished earnWash. O. A W. Dlv.
Ashcv. A Spar. Div.
ings.
The New York Central loses $359,104, but gained St.L.A.&T.H.broh»..
St. Louis Ark. & Tex.
^344,539 a year ago. The Obio & Mississippi, the Cm- St. Louis A San Fran..
C3!<,687
OIUISI
StPuulADulutU....
206.184
162,902
cinnati Washington & Baltimore, the Chicago & Atlantic,
Paul Minn. A M..
972,000 l,0til,80O
.San A. A Amn. Pass.
100,1411
08.475
the Grand Trunk of Canada, and the Wabash, also all Shenandoah Val
90.041
76,000;
sia;en I/>land K.
02.397
60, -50 5
show Icsses. There are a few exceptions to the rule of Texas A Pacilio Tr...
72>l,302'
675,705
Tol. A. A. AN. Mich..
5 1.830
72,721
decrease, such as the Chica.go & Eastern Illinois and Tot. A Ohio Central ..
1II).071
131,070
101.079,1
94,632
Indiana Coal, the Ctlumbus Hocking Valley & Toledo, ToL Peoria A West...
Valley of Ohio
62,959
55,30.-!l
628,390
563,678;
the Lake Erie & Western, the Louisville New Albany & Wabash Western
West. N.Y. APenn...
200,053
308,100.
66,700
82,821
Chicago, the Oaio R.ver, the Wheeling & Like Erie, Wheeling A L. Erie.
385,731
Wisconsin Central
414,663
Toledo & Ohio Central, and some minor compjnies. On
Total (100 roads).. 29.448,058 29,324,475
F<t.
+ 50,214
+ 11,188
74,343
20.5,966,
9t!,814
1887.
I
9
+ 15,424
+ 4,42-
89,637;
1,433,525 1,538.700
216,00s
20-1.209
237,1411
255,127
7,837'
0,830
94,400
415.914
197,324
305,0ea
100,972
itUeagr.
lluertate or
1888.
Deertate.
+6,522
+0,909
73
707
355
373
296
+46
+400
+742
290
70
SO
70
—10,218
203
+ 20,765
+ 20,-'>ofi
1,215!
138
975
M
1
1
.49
-43.522
-ht<.200
^ 31.009;
-21,043!
—1,802
ji
— 5.',657
1,437
l,ii7
T 17,885
+ 21.005
248
826
247
184
—9,14"
+ 7,051
-01,712
+ 40.047
+ 17,112
+28,870
91
39«
S47
91
1,001
1,001
663
187
818
663
1»7
818
+12.'«,583 60,247 57.369
Inoludea three weeks only of Ortobar In each year.
For four weeks ended October 27.
t MeTlean eamaer.
THE CHRONK^LE.
550
[Vol. XLVII.
OVERLAND MOVEMENT TO NOVEMBER 1.
For the ten months to the end of October the 97 roads
In reviewiug, a month ago, the cotton movement for
in our table show earnings $6,801,694 larger than in the
corresponding period last year. Tnere are some striking September, we mentioned three causes which explained
changes on both sides of the account, but
it is
unnecessary
to specify them, as a glance at the table will show tham.
GROSS EARNINOS FROM JAK0ART 1 TO OCTOBER 31.
Name of Rood.
1887.
1888.
Increase.
Decrease.
the
much
The
first
no longer a
is
2,163,603
1,759,656
2,400,998
632,430
1,154,509
9,168,435
222,851
1,079,422
1,515,163
1,829,679
1,686,569
2,341,108
1,588,071
2,274,025
603,469
1,263,261
10,676,430
Southern
Canadian Paciflc
*Cal.
Cape Fear&Yadkln Val
267,530
Central of Iowa
•Olies. Ohio <fc So.West. .
Chicago & Atlantic
1,132,631
1,569,087
1.807,166
1,763,715
Chic.
Ohio.
& Eastern
lUInols.
& Ind. Coal
Chicago Milw. & St. Paul
Chicago & Ohio River.
Chic. St. P. & Kan. City.
ClUcago & West Mich. ..
Cin. Jackson & Mack
*Cin. N. Orl. & Tex. Pac.
Alabama
Gt. South'n.
•New Orleans & >fo. E.
"Vickshurg & Meridian
*Vick8hUTg Sh. & Pac.
Cln. Rich. & Ft. Wayne.
Cin. Wash. & Baltiiuoro.
•Clev. Akron & Col
Clev. & Marietta
Col. &Cln. Midland
Col. Hock. Val. &T0I....
DenTcr & Eio Grande...
•Denver & E. G. Western
Detroit Lansing &No...
•East Teim. Va. & Ga...
Evansville & Indianap..
Evans V. &T. Haute
Flint
&
Pere Marquette
*F't Worth &Denv. City.
Grand Eapids & Ind
Other lines
tGrand Tr. of Canada..
•Houst. & Tex. Central.
Kanawha & Ohio
•Kan. City Ft. S. & Mem
•Kan. City Clin. & Spring
Kentucky Central
•Keokuk & Western
Kingston & Pembroke
Lake Erie & Western
Lehigh
•Little
Eock
..
&Hudson
&,
Memphis
Long Island
Louisv. EvansT. & St. L.
liouisville & Nashville ..
Louisv. N. Alb. & Chic.
lioulsv. N. O. & Texas.
.
.
Mar. Columbus
•Memphis
&No
& Charleston.
JMexican Central
•IMexican Railway
KUw. L. Shore & West'n.
Milwaukee & Northern
Missouri Kan. & Tex
Mobile <k Ohio
•Natchez Jack. & Col..
N.Y. Cen. &Hud. Riv...
N.Y. Ontario & West'n.
Norfolk & Western
Northern Pacific
Ohio ifc Mississippi
Ohio River
Ohio Southern
Ohio Valley of Ky
PittsbiugA Westom
Pres. & Ariz, fcnt
.
& Danville...
Richmond
Va. Mid. Div
Char. C. <feA. Div
Col. & Greenv. Div
West. Nor. Car. Div
& W. Div
Wash. O.
...
...
Ash. &8p. Div
St. L.Alt.& T.Haute Brs.
St. L. Ark. &Texas
St. Louis
8. Francisco.
Bt. Paul
Duluth
St. Paul M.
&
&
&M
,
Ban Ant.& Arans. Pass
Shenandoah Valley
Btaten Island Eap. Tran
Texas & Paciflc
Tol. A. A.
&
Nor. Mich..
ToL & Ohio Central
Tol. Peoria
& Western
Tallcyof Ohio
.
...
Wabash Westcru
Western N. Y. & Penn.
Wheeling & Lake Erie
Wisconsin Central
Total (97 roads)
Wet increase
•
t
t
,
.
.
171,585
126,973
28,961
108,752
1,507,995
44,679
53,209
53,924
6,371,891
1,040,947
855,869
4,426,739
203.885
713,565
2,001,161
813,718
1,885,737
167,121
15,052,942
2,048,413
230,028
3,357,319
213,723
855,314
254,346
166,410
1.779,103
208,010
528.905
2.958,412
778,594
13,243,661
1,880,975
1,819,135
71,532
1,212,884
4,635.277
3,011,128
2,369,293
891,149
5,185,458
l,980,60i
113,555
29,288,491
1,431,020
4,040,022
14,638,207
3,174,314
388,534
457,729
108,261
1,663,729
101,880
3,760.618
1,526,756
741,827
490.055
526,349
101,895
95.392
757,721
2.383,841
4,704.555
1,285,185
7,485,971
809,482
703,562
803,639
5,053,287
549,301
992,187
741,346
555,233
4,747.633
2,636,906
726,415
3,189,820
factor,
deterrent forces in
—the bagging
—are doubtless
but the other two
many
of large proportion?, the
And
sections of the South.
sources baiag not
amount coming
much behind
into sight
from
the vary fall figures of
a year ago, and largely exceeding the result in October of
either 1886 or 1885.
22,513
77,146
87,328
month shows only
In
fact,
the gross overland the past
a small decrease from October of last
being 201,925 bales, against 205,214 bales and
season,
150,131 bales respectively in the two previous years, while
for the
929
two months the loss from last year now reaches 34,and the gain in comparison with 1886 is 43,210
The net for the month does not make so favorable
bales,
bales.
a contrast with 1887 as the gross exhibits, but
theless
quite
sitisfac'ory
is
volume, reaching
in
never-
153,373
bales and falling only 12,120 bales behind the exc3ptional
For the season to date the decrease
42,490 bales, and the giin over 1886
Below are the details of the whole move
total of a
year ago.
from
year
is
last
is still
15,379 bales.
ment overland;
OVERLAND FROM SEPTEMBBR
1
TO OCTOBER
1888.
i.mounl Shipped—
From St. Louis
1.
1886.
1887.
90,271
25,572
18,878
85,416
32.602
20,484
1,091
8,552
l,o54
Over niinois Central
Over Cairo & Vincennes
Over the Mississippi River, above St. L.
Over EvansviUe & Terre Haute
Over JefTersonvlUe Mad. ifc Ind
OverOhloA Mississippi Branch
Over Lotiisville Cmotunati & Lexington
Receipts at Cincinnati by Ohio River. .
Receipts at Cincinnati by Cin. South'rii
Over other routes
Shipped to mills, not included above.
9,839
10,669
0,285
19,334
16,720|
2,700|
254
62,056
29,558
23,763
3,521
9.521
5,009
780
13,453
164
14,413
12,292
15,032
36,909
1,184
21,389
42,283
1,337
218,463
253,392
175,253
15,947
17,064
16,450
14,291
14,236
6,283
3,905
7,412
1,925
3,856
1,875
1,651
325
376
2,781
2,180
200
66S
101
.
Total gross overland
Detbxet—
Receipt* overland at N.Y., Bogton.&c.
Shipments between (or South from)
Western interior towns
Deduct also Shipments inland and Talc
ings for Southern Consumption
from the follovcing Southern ports—
Galveston
New Orleans
Mobile
Savannah
Charleston
North Carolina ports
Virginia ports
716
150
313
11,187
8,487
941
55,998
Total to be deducted
48,437
28,167
204,955 117,088
162,465
Uao.vda by raU, wUlch slaoe
September 1 in 183S amounted to 7,723 bales; ia 1837 were 11.213
bales and in 1886 were 7,108 bales.
*
Leaving total net overland*
This total includes shipmeuts
RECEIPTS, EXPORTS
to
AND SPINNBRS' TAKINGS.
As
our weekly statements have quite clearly indicated,
the receipts at the ports daring the month have failed to
reach the large aggregate recorded iu October of 1887i
but exhibit a gain of nearly one hundred thousand bales
compared with 1886. Tno month's result has bean
1,133,016
bales
this
year, against
1,213,404
biles
last
Consequently
year and 1,034,450 bales two years ago.
the decline from 1887 for the portion of the season which
244,331,744 237,530,050 13,458,906 6,657,212
6.801,694
1
Includes three weeks only of October In each
To October 27.
Mexican curroney.
year than io 1887.
yet the forwarding of the staple during October has been
all
341,197
233,637
20,208,137
7,578
56,968
518,927
1,353,048
8,878
1,179,505
46.239
395,435
242,234
2,637,939
9,045
1,193,536
511,317
140,121
65,083
406,492
19,586
418,616
8,604
347,086
70,937
1,812,594
453,825
85,998
22)736
251.611
268,755
35,^4
2,278,718
219,453
140,966
6.518,857
906,698
134,249
96,898
952,767
4,144.496
282,243
195.957
7,928
0,596
720,161
143,125
2,147,286
541,901
271,817
106',560
1,992,297
36',530
136,591
l,06i",i22
16.114,064
64,741
2,113,154
154,346
75,682
4'li',693
3,769,412
"9,686
204.637
884,492
29,178
265,073
10,727
143,201
23,209
1,752,805
26,298
201,694
6,316
635,609
106,704
2,791,182
167,230
5 5', 8 04
834,398
13,090,716
152.945
1,878,620
2.355
1,606,914
212.221
55,842
15,690
1,313,944
101,060
3,878,435
756,842
2,924,800
86,268
402,923
2,772,216
796,597
94.552
6,152,141
966,683
45,192
2,025,796
130,060
16,505
29,810,699
522,208
1,298.811
132.209
3,402,055
637,967
11,032,406 3,605,801
270,801
3,445,118
301,069
87,465
472,617
14,888
83,688
24,573
23',769
1,687,498
74,112
27,768
3,555,110
205,508
1,382.328
144,428
690,906
50,921
428,916
61,139
53,356
579,705
100,165
1,730
61,173
34,219
22,262
779,983
2,054,483
329,358
35i'.774
5,056.329
108.982
1,394.167
6,661,197
824,774
424,947
381,535
40,259
743,821
753,172
50,467
296,491
4,756,796
437,314
111.987
128,467
863,720
'55',713
797,059
517,714
37,519
628,682
5,375,715
2,315,579
321,327
116.430
609,985
80,440
3,109,380
428.525
19,974,500
49,390
1,869,975
1,188,383
441,674
2,880,173
1,184,491
651,438
341,409
399,030
338,482
1,735,65"
539,823
228,875
304,289
2,498,171
.
177,505
this
controversy and the yellow fever epidemic
still
Atlantic & Paciflo
Buffalo Eoch. & Pitts. .
Burl. Ced. Eap. & No..
Cairo Vincenues & Clilc
marketing
less liberal
cause then mentioned (the lateness of the crop)
year,
has already elapsed
is
403,147
biljs, while tte excess over
Foreign exports have njt been as
free as in the month of last year, although exceeding slightly
the total for October of 1836, and the season's total now
shows a loss from the corresponding period a year ago of
281,439 bales. Cjntrastad with 1886, however, there is
1886
COTTON CONSUMPTION AND OVERLAND
MOVEMENT TO NOVEMBER
1.
is
71,380 bales.
Our staiements of overland movement, receipts, etc.,
which have been compiled this week, and are given below,
cover the period from September 1 to November 1, or the an increase of 27,832
first two months of the cotton crop season.
appended.
I
bales.
Oar
usu^l table of details is
November
Rtcrlpts Rxrifli
tince
tinct
Mortment from
Sepl.
to
1, 1)188,
Stpt.
Stfil. 1,
Ktir. \,\ess.
188a
El Paio, io...
Ornit
BrtMtn*
88,471
498,874'*
60,617
395,907
11,489
200,614
4,848
will interest the
83,089
years,
08,886
90O
100,887
10.898
MO
68.930
98,384
49,313
14,807
04,740
OotolKT. . .
80,006
100,063
49,082
143,778
18,088
187,870
30,106
Wnshlnjct*n,Ao
Norfolk
Potnt,A<i.
New
York...,
BoHtoa
Baltimore
Pblladelphia,&a
7,4b»
movement
1,888
17,8«l
0,380
04,417
41,844
60,671
18,088
811.081
3.41)1
700
3,143
806
36,018
0,967
8,790
84,011
11, 324
lojm
6,3HH
98,190
191,'; 87
706,076
78.916
46«,P43
1,400,033
1363.180
Totel 188«....
1.398.653
501,902
147,9^4
7«l,744
Using the
We
of bales.
1887.
Same
Southern ooDsumptlou since September 1
The amount
1888
90,000
85,000
68,000
bales. 1,717,498 2,158,135 1,608,739
marketed since September
of cotton
1
U
thus seen
be 440,637 bales less than in 188 7
and 108,759 bales more than in 1886. To determine the
is
portion which has gone into the hands of Northern spinners
during the same period, we have prepared the following.
Total receipts to November 1, 1888
bales 1,717,493
Stock on hand oommenoAment of year (Sept. 1, 1883)—
AtNorthem
porta
At Southern ports
146,593
34,632 —181,225
At Northern interior markets
1,065—
Total supply to Novemtwr 1, 1888
Of this supply there has been exported
to foreign ports since Sep:ember 1.
Less foreign cotton included
Bent to Canada direct from West
Burnt North and South '
Stock on hand end of month (Nov.
AtNorthern ports
At Southern ports
AtNorthem interior markets
182,290
1,899,788
,
756,576
1,109-
aame
peri'd in period iH
1887.
Weighl in
Balet.
Pound*.
Texas
.242,438
376,588
59.341
339,535
143,685
232.047
55,482
268,412
1,717,498
857,533,596
Alabama
Georgia*
South CaroUna.
<fco..
Total
1886.
Average Average Averagt
Weight.
WeigM. WelfU.
50000
525-95
482-00
510-00
480-62
483-50
469-12
474-67
492-50
488-00
482-00
475-00
475-00
509-15
499-43
487-91
494-41
533-61
129,367,341
184.136,802
30,323,251
168,816,802
71,411,445
111,730.630
27,541,265
134,208,000
Louisiana.......
Tenneosee,
bales. 1,627,498 2,073,135 1,540,739
lAUAM
I
give for comparison the figures for the
North Carolina.
1886.
1.3S0.870
1,794,738
Two itonlK$,ending Sovembtrl, 1888
Receipts at the ports to Nov. 1
bales. 1,465,033 1,868,180 1,393,653
Net sliipments overland daring same time
162,46.5
204,955 147,086
in
1,359,901
!
same time in the two previous years.
Virginia
1888.
188B.
WBIOBT or BALES.
facts disclosed
Total to Nov. 1
2.4 13.138
Number of
shall find that the portion of the
Total receipts
l,B8!i,76e
1,917,498
619,096
by the foregoing statements,
crop which has reached
a market through the outports and overland, and the
Southern consumption since September 1, this year and
the two previous years, is as follows:
we
1888.
To famish a more exact measure of the reoeipts up to
November 1, we give below our usual table of the weight
Oreat Brltatu exports include to the Channel.
•
Into
434 838
1,493,2891
603,161
18,770
Total 1887....
1887.
S24.He9
424,3091
601,773
302,764 I,08?,010
1S,«80
18,044
6,797
8,697
98.749
0,000
1888.
Total 2 months.
491
81,130
92,000
1,977
11.944
4,401
SI
come
hat
for the last four seasons.
XohOu.
8,SM
0,078
ma wtut
143,800
1,943
114.418
87,«29
83,680
reader to
of the season duriag this
ReiitemlMjr.
17,84)
8sa
month
and preriou
we have prepared the following, which shows th«
03,081
18,889
Wilmington ..
.
it
sight each
7,480
88,308
BB,189
Port Koral,&s.
Tbeoi.
1.
9,0/6
M,688
98,168
141,109
8,676
&a
Oliarloston...,
Total 1888..
10,77b
Xm.
900
00,341
1,809
Brunswick,
Conli.
fUKt,
Aunos.
318,813
84,618
Florida
SATanoab
Aj
661
Slocks
j
1,
888,996.
87«,»38
Mublle
to—
1888,
1,
1,171
Orleans...
West
ixroHTB sixrK kept.
1887.
Ml,ie7
Onlrealon
New
THE CHRONICLE.
10, 1888.]
48900
51100
497-20
49703
481-.'S0
496-40
523-80
488-00
50OO0
Inoluding Florida.
*
It will be noticed that the movement up to November 1
shows an increase in the average weight as compared with
the same periods of the last two years, the average this
year being 499-42
fsr the
same time
lbs.
per bale, against 487-91
in 1887
and 49 4-41
lbs.
per bale
lbs.
in 1836.
THE COTTON GOODS TBADK IN OOTOBEB.
Business in staple cotton goods opened quiet, and so
continued until nearly the middle of the month, when a
marked improvement in the demand for some descriptions
was developed. Lirge shipments of plain and colored
cottons were made by cheap transportation routes, interior jobbers and the manufacluring trades having anticipated future requirements to a very considerable extent.
755,167
7,723
There
is
a
much
better feeling in the cotton goods
market
45
476,311— 601,773
1,
than has existed for some time past, and stocks of moat
Flint cloths were active until the last weak of the month,
1888)—
hand that
sorts are so well in
125,462
10,663- 1,375,371
Total takings by spinners since September 1,1888.. .bales.
Taken by Southern spinners
524,417
90,000
when
the
demand
prices are generally steady.
slackened, and the market clos3d
firm
because of the exceptionally light supply on hand and in
sight.
Taken by Northern spinners since September
Taken by Northuru spinners sime time 1887
Deoreaso
in
1,
1888
takings by Northern spinners this year
.
434,417
413,213
....
1888.
The above indicates that Northern spinners had up to
November 1 taken 434,417 bales, a decrease from the
1887 of 8,796 bales and an
of
same time in 1886 of 78,569 bales.
AMOUNT OF CROP NOW IN SIGHT.
In the foregoing we have the number of bales which
has already been marketed this year and the two previous
Oct.
An
addiiional fact of interest
crop waioh was in sight on
We
previous years.
November
reach that point
above the stcck lemainicg at
towDs, less Block held by
season.
In this manner
on Novemb?r
1
to
l^e
(hat
them
we
at
bales.
This indicates that the
year
is
compared with
by adding to the
the bsginning
of the
find the result for three years
as fo lows.
Total marketed, as above
bales.
Interior stocks in excess of Sept. 1
the present
1,
the total of the
date at the interior
1888.
Total In sight
is
1887.
1,717,498
200,00t
1,917.408
movement up
495,637 bales
less
1886.
2,158,135
1,608.730
235,000
186,000
2,413,135
to
1,794,739
November
1
of
than in 1887 and
\
I
--
1.
2.
3.
4..
6..
6..
7.,
8..
9..
10..
11..
12..
13..
14..
15..
16..
17..
18..
19..
20..
21..
22..
23..
24..
25..
26..
27..
28..
29..
30..
31.
TB« above
3-77
3*77
3-77
3-77
3-75
8-75
10
10
9'8
976
7'«
3-31
T*
...8..
7>fl
7i«
7>«
7'a
8..
3-75
3-75
3-75
3-75
3-75
7>8
7^
7>«
7>«
7»«
3 75
9-\e
..
8...
379
3-79
3-79
3-79
3-79
3-81
9J4
914
...8
2Ji«
7««
7Hl
7>9
7'.
7\
..
3-81
3-81
3-81
3-81
9>4
3-*-l
0»1»
3-81
2f>«
9»18
90,«
3-81
3-81
3-81
7>»
7i«
7»i
7'«
1't
7'a
"si is
9iie
9»i«
Si'«
»'l6
8»i«
prices
wbloh are subject
7't
7>«
7'a
3-81
3-31
3-31
3-31
3-31
8-31
7H
Th
7'4
7-4
7*4
7>4
7>4
...S..
Th
>9
3-31
3-31
3-31
Si"
9>9
9>9
330
7'4
7'«
3-30
3-28
7H
7H
9«i«
2J'«
2
TH
.8...
3-28
9>8
3-;^5
2?"
9'4
3-2S
325
8>4
9'4
3-25
3-25
...8...
oh"
OH
OH
2.'>«
Th
3-50
3-50
3-50
3-50
8>»ie 3-50
8l»i« 3-50
9i;;
9
9
.
8..
8>
87$
3-50
3-50
S's
3-M
8"i
3-50
8»»i« 350
8«»i« 3-iO
B\
B\
3-50
3'50
3-50
3-80
84t
3-80
3 50
«"'»i«
e\
6%
6%
6%
6%
..8...
S\
8^
8\
8^
......
9S
6%
6%
6%
6%
6%
a\
6%
6%
.8...
f<l>18
7H
7H
"e\
3-50
8l»„
7^
6%
S..
7«4
7*4
7"4
7>4
7»4
3-25
350
..
350
328
9>4
3 -SO
8l»i«
Th"
9»4
2J'*
7H
7H
3-25
3-23
3-23
3-23
S'25
.8...
forprintlng cloths,
122,759 bales greater than in 1886.
1886.
OoU'n Prinl- SMtet- OoU'n\PHnt- Sheet- Ootrn Print- Sheeting
low
ing
low
in,
ingt.
low
ingt,
inggf
\g
mid- clolM/slaHd- mid- etolAt, eland- mid- elotht, [elanddling. 04*64! ard. dling. 64x64 ard. dling. 64x64' ard.
corresponding period
increase over the
seasons.
1887.
8,790
bales.
7«4
350
3-,%0
3-80
350
"6K
6\
6%
OH
a\
9h
.8...
ar»-For ootton. low middling apUnd at WewYo*
manufacturers' prices; for sneeUnsa. acentr pncar
to
an avenie dlsooont of 5 per cent.
THE CHUONKXE.
£62
[Vol. XLVII.
The port will be free to Germany only and her
products being allowed to come in free of duty, it is not
unreasonable to conclude that they will be in larger
port.
EAMBURO AND
On Monday,
come
to
greatest
October 22, according to an arrangement
some nine years
of
the old
surrender of
GERMAN EMPIRE.
THE
its
ago,
Hamburg, the
German
historical
privileges
last
demand
and the
made
ree Towns,
for distribution than before.
It is just here,
however, where the diBBculty begins.
Will the increased
a final
entered the
and
;
distribution of
German goods make up
for the loss occa-
sioned by the duties imposed upon foreign commodities ?
German Zollverein or Customs Union of the Empire.
At one time these free cities were numerous, there Much, of coarse, must depend upon the quality and price
being as many as eighty-five among them some of the of the German article. If Hamburg, under the new
;
most important towns between Ht-lland and Livonia. Tiie
Hansentic League was the first Trades L^nion in Earopa.
It had factories in London and in several other centres of
Europe. It had ships and armed men in its pay and H&b
strong enough to dominate both the Baltic Sea and the
•German Ocean. Its power was dreaded and its friendship
courted by the sovereigns of Europe
and on more than
one occasion its wealth afforded them much needed relief.
The League reached the climax of its greatness in the
fifteenth century.
Quite a set-back was given it by the
-discovery of America. It was also seriously affected by
;
;
the discovery of the sea route to India.
•was a general break-up, Lubeck,
for a time Dantzig alone
Hamburg, Bremen and
engulfed by the French Empire.
Frankfort- on- the-Main
joining
before,
it
will still be a useful centre of distribution.
the foreign consumer no longer finds
advantages
But if
Hamburg such
in
he found formerly, he
buy where
had control of
a large share of the trade between Germany and Southern
and Central America, and it is proposed to run fast
steamships hereafter to retain and further enlarge this
trade.
Taat proposal is simply an indication that the
as
he can get them.
Hamburg has
will
hitherto
energy of the citizens of that old free city is to be exerted,
as of old, in developing the port.
We may presume also
that
remaining faithful to the old
Garman Government
the
promote
will
now do
best
iis
to
prosperity.
its
But whatever may be the ultimate effect of the change
was practically
on the extarnal trade of Hamburg, there can ba no
it was revived,
Bremen and question that immediately and for some time to come the
Lubeck,
In 1810 what remained of
alliance.
In 1630 there
by the excellency and cheapness of her
market, shall be able to attract the foreign consumer as
arrangement,
it
In 1813
Hamburg. In 1866 when Prussia drove Austria out of new state of things will prove a source of great inconGermany, Frankfort came under Prussian rule. Labeck venience to the Hamburg citizens. Hitherto they have
about the same time retired from the old League, leaving enjoyed very great privileges. Tuey have been able to
Hamburg and Bremen alone. These have now followed get all necessaries and all luxuries their coffee, their
and only the memory of the once powerful Hansentic sugar, their tobacco, their wines, and all else besides in
League remains.
the shape of imports
free of duty.
Now all will be
In consequence of the superior greatness of Hamburg, changed
the Hamburgers will have to pay taxes like
the formal entrance of that city ioto the German Custom ^ other people
and the cost of living will become materially
Union was made the occasion of special rejoicing. A higher than before.
"week after the formal admission of the city into the
The city already has begun to experience some of the
ZoUvereia it was visited by Emperor WiU'.am II., a inconveniences arising from its new condition. A corresmemorial stone was laid, and a grand civic banquet was pondent of the London Times says that the whole city
held in the evening.
Tne speeches delivered were has been divid-jd up into a large number of small diseminently patriotic, and an effort was made to show that tricts. Every citizen paying above a certain moderate
the incorporation into the Customs Union of Germany rent must make an inventory of all articles liable to Cus-
—
;
—
;
;
would be a gain to the city.
is room for difference of
there
On
this point,
opinion.
It
however,
was certain'y
natural that there should be a dejire on the part of
•German Government
identified
to
have
with the Empire.
Hamburg more
the
completely
After London, Liverpool
and Glasgow, it is second to no port in Europe. Why
should not the trade of Hamburg be more directly beneficial
The question
to the Ejipirc?
nees of
Hamburg was
is
whether the great-
not largely due to
its
toms duties and oa
duties are levied
" will
make
" rectness
all
on.
above a certain limited quantity
"
Thousands of Customs
a house to-house visitation
of
these
inventories.
" bottles of wine, 20 bottles of
to
Thus
spirits, 6
test
above
a'l
lbs.
ofiioers
the cor-
70
of tobacco,
" 30 1^9. of coffee,
operation
and so on, will be liable to duty." This
must prove a severe experienca for a ci'y
hitherto a free port.
peculiar
privileges as a free port.
As such, she of course received
into her warehouses, goods imported from Eogland and
much cheaper rate than she can now.
'The trade with England has been very large,— the London
Times says about 40 per cent of the imports and about one
•other countries at a
[From our own oorreapondeut.J
London, Oct.
27, 1888.
The money market has been without feature this week. The
rate of discount in the open market has been about 3 per cent,
•half of the tonnage of the shipping entering the port being
and even the Bank of England has discounted for its own
English.
The expectation is that by taking Hamburg special customers at a fraction over that figure; yet it has
into the Customs Union, a preference will hereafter be maintained its published official minimum rate at 5 per cent.
•secured for German goods.
The hope, so far as Germany From this the city infers that the Directors have some inforat large is concerned, is that henceforward th? staple mation unknown to the general public which leads them to
again. However
•exports from Hamburg will be German products rather fear that gold withdrawals may be^in soon
that may be, it appears reasonably certain that the present ease
than ^English. This is the purpose of Garmany, and the
cannot last long. In the month of November the note circu.presumption is that her trade will gain.
But it is not so lation of the Scotcli banks always expands, and as the banks
have to hold in their own vaults gold equivalent in amount to
the notes newly issued, they take the gold they require from
The charge to Hamburg is great. la place of bang a free the Bank of England. It is estimated that within the next
nearly three-quarters of a million sterling will for
port, open for the reception of all goods from the cheapfst fortnight
The reduction of
this purpose be withdrawn from the Bank.
-and most conveaient markets, it will offer to the foreign
the supply of loanable capital to such an extent, with the
trader nothing more than is offered by any ot.er tracing other influences tending to raise the value of money, seems
clear that there will
«ity.
be gain, immediately at
least, to
the
:
NOVRMBKR
THE CHRONICLE
10, 1888.]
an early advance
,
.
553
and and StalTordKhire— the mine ownern hare conceded th« fair
demand demands of the men. But in Yorkshire and thn other twofor banking accommodation. On the other band, the great counties
mentioned
the
mine owanrs oxpresa
a
financial housas will do their best to keep money cheap, \>o- determination to cIohs their
mines rsther than give
cause of the number and ma«nitude of the financial operations way. They allege that wageH in Yorkshire are frook
likely to cause
in the raten of interest
discount, unless the coal strike should diminish the
immediately impendirg. For the Argentine Republic, as fifteen to twenty-flve per cent higher than in other mintng
Btated last week, about twenty millions sterling are counties, and that consequently the miners are better olT, eren
still to be raised.
The Hungarian Oovernment has con- without an advance, than miners are elsewliere who have got
cluded an agreement with the Rothschilds group for the ten per cent additional wages demanded. They decfauv,
the conversion of a large part of its debt.
The Ruanian further, that even at the present rate of wages their profile
Oovernment, it is said, is about to raise a very large loan. are exceedingly low and therefore that they cannot afford toTlie French Government is expected to fund its floating debt. pay more. There is a very general belief that the strike will
Turkey has just borrowed nearly a million and a half sterling. not last long. It is said that the trades unions are poorly pro*
And the Egyptian Government is but waiting for a favorable vided with funds, and therefore cannot long afford to give
opportunity to convert its privileged debt. For all this an strike pay to the men. And it is further stated that a very
easy money market is required, and therefore no effort will large proportion of those on strike do not belong to any union.
be left untried by the great houses interested to keep the mar- If the facts be so, and if the employers are determined, the
ket easy. The course of the market, however, will be largely men must fail. But as the employers in so many counties
influenced by the strike in the coal trade. If it should last have given way, and ai even in Yorkshire itself, where tb»
long, and disorganize trade generally, there would ba a smaller dispute rages hardest, many mine owners have conceded thedemand for banking accommodation, specalation would be fuU demands of the men, it doea not appear by any means cer>'
checked in commodities as well as in securities, and the ex- tain that the employers are as determined as they profess
pansion of the coin circulation which is now going on would themselves to be. So far the strike has had little or no effect^
come to an end.
upon trade. The business community generally, and the
The silver market has likewise been quiet. The mint is bankers in particular, are very confident that the strike wiD
still buying silver for coinage purposes, but the purchases of
soon come to an end and that the improvement in trade will
the Continental governments have ceased, and buying for make rapid progress throughout the winter. But if the strike
India is quite at an end. The exports of wheat from the lasts for any considerable time it can hardly fa>l to cause a
great Indian ports continue smaller than had been expected, further rise in freights. Already freights have risen so much
judging from the good reports of the crop. Tlie magnitude that complaints are made in many quirtera, especially by
of the exports from Ruasia prevents such a rise in prices as those engaged in the Indian trade, that the advance is checkwould tempt the Indian peasantry to sell largely, and the ing business. A further rise in freights would, of conrse^.
great adv.ance that has taken place in freights indisposes ex- have a still more injurious influence.
porters to offer better prices. Probably, also, the scarcity of
The wheat market has been very quiet this week. The
rain which is reported to have damaged the cotton crop in the exports from Southern Russia are enormous, and the impresBombay Presidency and the rice crop in Madras, leads the In- sion prevails that the surplus which Russia can export is evea
dian peasantry to expect higher prices later in the year. At larger than of late it was estimated at. Prices have rather
The supply of English-g^own
all events, the smallness of the wheat exports from India gone down during the week.
keeps down the Indian demand for silver. That demand wheat in the Proviacial markets is yet small, but the condiwould be even smaller were it not for the briskness of the tion of the grain coming to market is reported to be imjute trade just now. The reports from Dundee, the great proved. September and October have been beautiful monthc,
centre of that trade, are most favorable. There is an immense and the unusually warm weather of these months has dried
demand for bagging for Southern Russia, and the exports of much of the grain which when cut it was feared would not
matting to South America are exceptionally large.
be fit for milling purpose.s. From this time forward the
The stock markets have been dull and featureless through- supply of English wheat is expected to increase.
Messrs. Pixley & Abell write as follows on the state of the.
out the week. For the time being, the London S ock Exchange has lost its old initiative. In foreign securities it fol- bullion market
Gold— Nothing has been done in gold bars since last week, and tbelows the lead of the Berlin Bourse and in American that of
very small amounts which li.ave arrived have been sent to tlie Bank of
the New York Stock Exchange. Just now the Berlin Bourse enghiDd. £.33,000 has l>ccn l>oueht since o)ir last and notUngr bas htea
12.000 has arrived from Cliina
is not very active.
The last settlement, at the beginning of sohl. £ have been £5,000 to Bombity. and £8.000 from the Cape. The
exports
Silver— The market improved a Rood deal, with some special dem.tndf>,.
was a very difficult one, and it is feared that the
the month,
until 43%d. was paid on the 23d insr. Tne 8:tlo oF s')uio r.tUvray bills
settlement which will begin next week may not be easy. prior to the India Council allotment caused some weakness, and sliver
fell to 43"4d.,
Therefore there is very little doing in internal ional securities. Eteamers tak-) which remains nominally the price to-day. The P. 4 O.
£12,100 to India.
Mexican DolIar.i— Have liaon qnlte nominal and nothin;; has been
As you are aware, there has not been very much activity in
done during the week. Kxports have been -To China and llie Strai'.s^
New York, and consequently American railroad securities are £55,917.
rather neglected. But there is here a very general belief that
The quotations for bullion are reported as follows
as Eoon as the elections are over, business will revive in New
8ILVBH.
GOLD.
York, and in consequence a great increase in the number and Limdon Standard. Oct. «5. Oct. la London Standard, OU «5. Oct. 18.
magnitude of transactions during the next two months is
1.
d.
».
<i.
d.
d.
77 9
Barsllrer.
oi. *SU
43
looked forward to with much hope. In the meantime there Bar KoId,flae....oz. 77
Bar sllrer, ooatalnBar gold, contaln'K
18 more disposition to buy dividend-paying shares, as it is ex77 10
IdkSkts. Bold.ot. *SH
iSH
2adwt9ailTer..oi. 77 10
pected that dividends must increase witli the better trade [JpaiLdoabloons .oz.
Calie sllTer
oi. <fH
*»H
42
Mexican dol«....»i. «!.<
conditions. The Vanderbilt lines are at this moment especial S.Am.doubloons.oz.
was
:
favorites.
The following return shows the
position of the
Bank of
Regarding home securities, the uncertiinty of the money England, the Bank rate of discount, the price of console, &c.
market and the great coal dispute are checking operations. compared with the last three years
The only department of the Stock Exchange in which any
IKO
18S8.
1897.
great activity has been displayed is the mining, chiefly the
£
a
*
S
market for gold and diamond shares, which have risen very
M.78S.440 M,S10.255 zt.eaa.no 94.0S9.«M>
Clroolatlon
rapidly during the week.
The speculation in gold-mining I'abllc deposits
8.04a.a3«
S.«31,351
4.023,180
shares is running for the moment chiefly npon South African Othar deposits
«S.a04JM0 »,S70a<<7 S3.90e.790 9e.97S.41B
:
which are owned locally, and of which s;arcely
anything is known in London. The rise in diamond shares
seems lietter justified. Owing to the amalgamation of the
great South African companies, which appears to be now
assured, the output of diamonds is being restricted, and in
consetiueace the price of diamonds has risen from forty to
concerns,
OoTanuiient secorlttM
Other seoarltlas
aeaerro of notes and coin.
Coin and balUon
Prop, ssscts to
SaoK rata
Cooiols
The coal dispute has resulted in a strike of about thirty-five
thousand men and boys in the counties of York. Derby and
Nottingham, In the other districts Lancashire, Cheshire
—
19,803.880
10,986.8851 I9.477.087
..p.e.
13,483.9:6
lS.993.Tor
19,893.98S|
«0.7W,94»
;«.a9e.i9«! 19.(I89,00« 10,010,188 11,848341
u.eso.«a8 90,099.98< 90.0(0,800 90.747.831
88 8-10
*SH
41M
9 p.e.
4 p.e.
Sp. c.
4p. e.
100 8-18
109 IS-18
1004<
J10.»,000^ 93.7B7.000 83.878.0001
Cleaflng-Honas retgm
*
sixty per cent.
liabilities....
IT,l(MI,9eS
ebMojeM
-
NewS.'i per cents— Goschens.
The Bank
rate of dlsoount
chief Continental cities
have been as follows:
and open market
now and
tb»
weeks
rates at
for the previous three
—
.
.
Bank
Bank
Open
Bank
Hate.
Market
nate.
Open
Market
4H
Open
Market
Hate.
Frankfort
Hamburg
Amsterdam
4
—
2«
Brussels
4
4
Madrid
Vienna
3«
4
4H
6
3
S
3>^
4
3V«
4
.
3
Dry Goods
2M
Gen'l mer'dise..
iH
2«
3M
3«
4«
6
7
Gen'l mer'dise.
8
S
2«
S}<
4
4«
4«
6
3
S
Bi»>.
3Jia
3«a - S«» -SH&i 3?«a4 3Ma4
4 a -I* a - 4 a - 4)4®- 4ii<S> -
5,766,203
6,406,214j
400,207
$8,195,716;
$9,668,401
1.
$86,790,700 $100,497,192 $1 06,484,204'*1 10,742,922
239,814,903 269,029,192 292,281,549} 284,766,193
The following is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
week ending Nov. 6, 1888, and from January 1 to date:
KIPOKTS FROM NEW TORK.
specie)
4Ma4H *H<iiH*H&iHi}i»S 4«a6 4«95
SHUSH 3Ma -!s»a -!4 ®i»'4 ®4^ 4 a4H
S6ie-M 3>ia -|3iiia -,S-5<®4« 3JiS4« 3«@4Ji
3
3H® - 3H® - 3}i®4 !S«®4 l^®4
The following shows the imports
2«3 ^
2H3 -3
2«
2H
sa
3X
3«
1885.
3« 3« 3«
3M3M
SJ<
3«-3X
of cereal produce into
For the week..
1886.
1887.
1888.
$6,120,860
272,780,979
$6,750,332
262,224,067
$5,940,556
255,893,233
$5,556,906
244,309,558
the
Total 44 weeks. $278,901,845 $268,974,399 $261,835,789 .$249,866,464
The following
since January
and
1887
last
season
shows the exports and imports of specie
for the week ending Nov. 3, and
1888, and for the corresponding periods in
table
New York
at the port of
1,
1886,
EXPORTS AND IMPORTS OF SPECIE AT
United Kingdom during the past seven weeks of the season
compared with
.
Prev. reported..
3«3Ji-S«
3
8
1888.
$1,733,115
6,935,286
Total 44 weeks. $326,605,605 $369,526,384 $398,703,753 $395,509,115
At 7 to 14
Four
FoJir
Six
Thret
Sir
Stock
Months Months Months Months Months 3fontAs Banks. Oaii. Da»a.
-
1887.
$1,789,302
Three
3«-9-ie
1886.
$1,443,303
6,956,904
$7,252,676
Dry Goods
Wse
Disc't
1885.
*1, 486, 473
Total
Since Jan.
Intsrest allowed
for deposits by
Trade Bins.
1
For Week.
as folio ws:
Open market rates.
Bank
[Vol XLVII.
3X
4
4
1
money have been
rates for
Market
4«
2H
8«
SH
3H
i%
4
7
6
3
Bt. PetersburpT.
ifot«.
4
4
2«
SW
4M
iH
OopenbaRen
4
4
4
2
4
4
OKI
4
i%
S«
SH
4
Banfc
3«
4
Parts
Berlin
Sept. 21 4
"
28 4
Oct.
6 5
»
12 S
•
19 b
" 86 8
.
ing (for dry goods) Nov. 1 and for the week ending (for
general merchandise) Nov. 2; also totals since the beginning
of the first week in January :
FOREIGN IMl'OETS AT NEW TORK.
Octobir 5.
Bates of
Interest at
1
.
THE CHRONICLE.
554
The
.
Exports.
:
NEW YORK.
Imports.
Chid.
Week.
1888.
0-wt. 11.510,208
2,537,225
3,054,023
266,041
455,670
4,140,794
2,932,222
Wheat
Barley
Oats
Peas
318,783
3,446,305
3,133,674
Beans
Indian
Flour
1886.
9,192,878
4,079,072
2,626,726
304,858
386,517
4,341,026
2,726,393
1887.
8,352,278
2,284,867
2,401,921
com
427.969
1885.
9,928,691
2.718,595
2,184,334
Great Britain.
France
233,270
631,765
4,295.140
1,660,726
Mexico.
South America
1888
Imports of wheat.owt. 11,510,208
Imports of flour
2,932,222
Bales of home-gi'o-wn.
Total
1887.
8,352,278
3,133,674
6,943,820
4,791,^24
19,234,354
1886.
All other countries.
2,726,393
5,774,330
18,429,772
1888-9.
Aver, price wheat
-week. 32s.
Aver, price wlieat ....season. 348.
17,693,601
1887-8.
Irt.
Id.
298.
29s.
1886-7.
298. 90.
SOs. lid.
9il.
Od.
The following shows the quantities of wheat,
maize afloat to the United Kingdom:
This week
Last week.
2,188,000
202,000
255.000
Wheat
qrs. 2.219.000
Flour, equal to qrs.
202.000
Maize
ars.
157.000
19,205,946
1885-6.
3l8.
31s.
flour
6d.
Od.
and
BHxliab Finaaclal Tlarltets— Per Oabl*.
daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending Nov. 9:
The
London.
Silver, per oz
Xon.
Sat.
Tmm.
Wed.
Thurt.
1,5S3
3.795
4,314
13.850
$23,492
$5,611,255
36,263,336
19,865,140
Exports.
Week.
Imports.
Since Jon. 1,
$108,000
10,000
Great Britain
France
Since Jan. 1*
Week.
61,537
625,957
1,036
5.070
$63,174
112,054
104,608
188,053
27,883
24.789
998,340
$122,480. $11,393,943
126,030
9,310,079
8,460,849,
148,000l
$9,403
213,900
14,864
$1,513,901
1,839,270
1,579,423
$9,578,592
420,259
22,668
690,030
Germany
West Indies
Mexico
South America
4,480
Total 1888..
Total 1887.
Total 1886..
3,29:
Of the above imports for the week In 1888 |9,88S were
American gold coin and $4,828 American silver coin.
Of the
exports during the same time $3,500 were American gold coin.
—
FH.
43
43 Is
43 18
43ifl
Consols, new 2%percts. 979,8
97B,«
9738
977,8
973,8
do
for account
97e,.
9711,8 97»8
979,8
977,8
974
IVoh rentes (in Paris) fr. 8250 82-47I2 820212 82-67ia 82'82ls 82-871S
tJ. 8. 41^8 of 1891
110
110
110
110% 110% 110%
130I4
13OI4 130
U. 8. 48 of 1907
13014
130
130
5614
56>4
57%
5714
571s
57
Chic. Mil. & St. Paul.... 68
68=8
69
6838
68 14
687e
Eirie common stock
30 14
29%
30%
29=8
29%
29 »8
Illinois Central
II914
II913
II914
120
11934
1191a
56S8
Pennsylvania
56=8
5638
56%
56%
5678
25I3
Plilla<lelphia A Reading. 251^
26
26
25%
251a
New York Central
Ill's II214 113=8 113%
II314 II318
d.
$1,968
2,695.304
1,036,867
1,329,749
42,618
245,865
258,884
13,705
31,194! 37,385,8051 2,468,300
All other countries...
228,000
278,000
Since Jan.l.
Silver.
1886.
1,663,000
1887.
1,413,000
132,000
307,000
1,000
461,932
742,638
$2,500 $19,539,032
122,1551
6,633,249
Total 1888..
Total 1887..
Total 1886..
1885.
9,928.691
1,660,726
7,616,429
9,19-2,878
Week.
1,500
West Indies..
1):
Jan.l
$6,912,728
21,900
6,323,969
5,075,865
Germany
Supplies available for consumption (exclusive of stocks on
September
/Since
43
^ommtxcUl una Wliscell^ntows HetoB
National Banks.— The following national banks have been
organized since last advices
8,932— The North Western National Bank of Aberdeen, Dakota. Capital, $100,000.
Henry M. Maiple, President; Abel Mamie.
*
Coinage by United States Mints. The following statement, kindly furnished us by the Director of the Mint, shows
the coinage at the Mints of the United States during the month
of October and the ten months of 1888.
Ten months of 1888.
October.
Denomination.
Value.
Pieces.
Double eagles..
Eagles
Half eagles
75,900
57,000
Pieces.
1,518,000
570,000
Three dollars...
guarter eagles
.
Value.
897.960 17,959,200
665,206 6,6.52,060
293,077 1,463,385
15,873
5,291
195
78
11,080
11,080
250
250
133,150
2,088,250
1,872,692 26,103,793
Standard dollars.
Half dollars
Quarter dollars..
3,000,000
3,000,000
26,455.533 26,455,533
Dimes
2,566,000
250,000
ollars
Total gold
533
267
1,000,533
5,416,187
250.133
541,619
:
Cashier.
8,933 -The Second National Bank of Bel Air, Md. Capital, $60 000
-T- Thoma.s C. Hopkins, President; Frank 3.
Evans, Cashier.
„r.„.
8,934.—The City National Bank of David City, Nebraska.
Capital
*50,000. B.O. Perkins, President; E. E. Leonard, Cashier.
„„o. The Wabash National
3,93o.—
Bank. Wabash, Ind. Capital, .$120 000
Joseph W. Buslck, President Jame^ I. Robertson, Cashier
8,936.—The Gioucester City National Bank, Gloucester, N. J. Capital
$50,000.
Charles L. Work, President; Samuel W. Stokes'
'
Total silver
,
3,250,000, 32,872,786 27,247,552
5,500,000
8,713,133
40.033
29,824,864
435,657
33,700
33,700
33,578,030
735,108
Five cents..
Three cents.
One
cent....
3,370,000
Total minor
3,370,000
Total coinage...
9,003,150
1,201
298,248
5,371,9501 73,323,508 54.086,451
;
'
Cashier.
8,937.—The Third National Bank of Columbus, Ga.
Capital,
SlOO 000
—
United States 8nb-Treasary. The following table show«
receipts and payments at the Sub-Treasury in this city, tfi
well as the balances in the same, for each day of the week :
.,he
G. Gunby Jordan, President; J. W. Murphy, Cashier.
Imports and Exports for the Week.— The imports of last
Date.
week, compared with those of the preceding week, show a
decrease in both dry goods and general merchandise. The
total imports were .$3,668,401, against $9,100,434 the pre- Nov.
ceding week and $8,634,041 two weeks previous. The exports
for the week ended Nov. 6 amounted to |5,556,906, against
|6,.512,317 last week and $5,903,091 two weeks previous.
The
following are the imports at
New York
for the
week end-
Total
Balances.
Receipts.
1,775.320
2,502,197
Payments.
Coin.
1,882,171 156,876,285
2,549,635 156.874,903
.
2,714,810
1,960,432
2,086,178
11,038,913
Current)/.
12,370,370
12,615,666
15,868,166
15,576,812
12,093,372
11, 886,329
12,205,435
15,724,499
15,453,932
15,322,911
Holiday
3,238,379 156.725.44-j
2.532,83111.56,631,034
2,003,349 150,525,998
12,206.2651
Coin Cert's
:
.
NOVEMBBR
THE
10, 1888.1
(!HR0N1(!LE
Orand Trnnk of Ganadn.—Mr. E. P. Beaoh, 971 Broad
way, gives notice that tl>e Orand Trunk Riilway Cornpmy ia
prepared to purcliaae or ezchanftethe following bonds Northwestern Orand Trunk RtilwAy 6 per cont Ut mortKage bonds,
Chicigo & Grand Trunk Railway
per cent Ist
$578,500
mortgaxo Iwnds, iHOS.TOO Chioasfo & Orand Trunk Railway
:
niortKAxo lv)i\d:<, $10,000; Detroit Grand Haven
Milwaukee Consolidatud
per cent mortgage bonds,
6 per cont
&
2il
Company Have ftntborfawd th* IMM of
bonda for the (Int nMa«d and $1,000,000
R'tllroai
$;
'-tgnge
eii'"
two oompanlef.
" latter
'
A
;
;
555
UUnd.—Tae road aomia«io«d oa Mdv.
8t. Jofieph
Orand
to operate S3 mile« of road
between Stromberff and Valpi^*
raiM, Neb. .formerly a branch of the Union Pac, known aa UM
Repub. Val. road, and atill owned by the Unloo Fko.
Om.
1
A
1220.000.
—
Iron Steamboat Company. The annual moein;? of the
Iron Stearaho:it Company of New York, which is incornorate<l
under the laws of New Jersey, was held at Long Urancli, Nov.
7.
The company has 200,000 shares of stock. The new Board
of Directors is composed of Elward V. Loew, Oeorge M.
Dod(;e, George F. Baker, Lewis May, Samuel Carpenter, W.
H. Wolvprton. Frederick W. Loew, L. C. Waehner, .John
Hooper, .1. Tlenry jMexander, A. R. Culver, Eqaile Vntal>le,
Thomas RiKney.'J. H. CoflRn and Hermsn Clirk. The reports
presented to the stockholders showed that the company did a
small business Last summer, because of poor weather. The
receipt.s from all sources were $330,131
the expenses aggregated $307,037 balance, $23,094.
—
Lieber's Universal Telegraphic Cipher, adapted to the oat
of bankers, stockbrokers and others, appeared in an earllar
and lest perfect edition five years ago, and so well baa it beea
reoeivel that the author has felt encouraged to make it mooh
larger and more comprehensive. As it stands at present it is
apparently as good a cipher book as oculd be asked for by tha
business classes, and it will also eerve as a basis for any on*
who may wish to construct a private cipher. The author Is
Mr. B. F, Lieber, Nos. 2 and 4 Stone Street.
Further partio<
ulars will be found in the advertisement.
—The Assets State Bank, 42 New Street, is further strengthened in its management by the accession of Mr, John Bloodgood to the Board of Directors.
LonlsTllIe St. Lonls & Texas.— The Louisville St. Louis
Parties desiring to invest in insurance stocks will do well
& Texas will be open for business about November 20. The
road, which is about 150 miles in length, is thought to be a to communicate with Mr. E. S. Biiley, No. 5 Pine Street. Mr.
part of the line constructing to give the Vanderbilt system a Bailey is one of the oldest and most reliable brokers in this
southwestern outlet, and the only link remaining to be com- line, and investors will find that his experience ii theee stocks
pleted is the line from Louisville to Dayton, O., by way of will enable him to advise well in regard to dealings in them.
Cincinnati. The line will connect at Henderson with the O.
The Mational Gas Improvement Company, it is stated, is
V. & S., Ki'^iDg Louisville a fourth competing line to certain
meeting with much success in the disposition of its stock,
sections South. Permission has already been obtained from
now olTered in our advertising columns at $5 per share nntu
Congress to allow the northern continuation of this road to
Nov. 17th. The process which this company owns the rights
Dayton, O., to construct a new bridge across the Ohio River at
producing fine quality of gas, and
The structure will cost about $3,000,000, and will to is reported to be saving maRondout and Kingston in
this point.
this State it is said to be
ovet
be the finest bridge on the Ohio.— [Kiernan's.
fifty per cent in the cost of oil and naphtha to the oompanies
it.
As an investment under such showing the stock
Bailroad Constrnction In 1888.— The Rwlroad Gazette using
publishes a table showing; new roads constructed this year up should prove a good purchase, and the facts of the case, with
all particulars concerning the company, can be learned from
to Oct. 1. The total track laid to the end of the third quarter
its officers.
is 5,043 miles in the United States and 631 in the Dominion of
Canada and in Mexico. " In the first half-year we reported
2,980 miles in the United States and 73 in Canada. In the
Monthly Clearinqs.-The following is a summary bj
Southern States east of the Mississippi the relative amount of
track laid has diminished. In the first half-year it was .35 per months of the bank clearings both for the whole country and
cent and at the end of the third quarter it is 38 per cent outside of New York.
of the total. The Southwestern group, including Arkansas,
MONTHLT OLBA KIKOS.
Missouri, Kansas, the Indian Territory and Colorado, has also
built 28 per cent of the whole, being a slight increase in ratio
CleaHnf OultUU Sftw Tork.
Clearing, TaM JOL
over the half-year. The greatest increase has been in the
Month.
includirg Iowa and Nebraska, and
Northwestern gronp,
P.OL
1888.
18S7.
P.Ot.
1888.
1887.
through to the Pacific. In that territory over 30 per cent of
t
«
t
*
mileage is found at the end of the third quarter,
the new
Januarr. .. 4.008,752,489 4.870.8443*6 -8-8 1,487,579,694 1.408.1»,788 -KM
while at the end of the half-year the group had built but 11 rebroary.. S.e4S,«9»,808 8.695.545,145 -41 1388.T70.871 1.888.861374
cent.
per
8,781,803.(195 4385,781,847 -lS-8 1.375.818.931 1.489383,168 -99
Marob
The new mileage shown in the table is divided by States as
-8-8
;
;
—
—
NEW UILBAOB TO
283i2
ISi^
Alabama
Arkansas
317
California
Coloriulo
Coniieticnt
^
Dakota
Delaware
Florida
Georgia
Idaho
8
24
97
Indiana
Indian Territory
Kansas
Kentucky
;
1.
Mar
New Jersey
New York
13
29»a
lim
North Carolina
27513 Ohio
la's Oregon
Pennsylvania
135
South Carolina
11
91>3 Tennessee
Texas
253
208's
Illinois
1
OCT.
562>a
I
47»a
127is
40ts
1721*
191
4
14
Virginia
63>2
12712
Washington Territory
West Virginia
Wisconsin
Wyoming
Maine
Masaiichusetts
MichiKivn
3
30252
Total United States
Manitoba
Maryland
Minnesota
61-2
14
125
24
Ontario
5,043
97
36>«
210
224
MissisKlpl
Montana
Nebraska
Nevada
New Hampshire
Quebec
^ow Brunswick
101
30
8
lODJa
14.5^
14
8
Missouri
Nova
30
320
Scotia
Mexico
62(ii2
Total foreign
Grand
June
qu&rtor. 12.0S1.009.758 13.355,165,688
5,663ia
total
Fonghkeepslo Bridge.—The original projectors of the
ssachusetts
bridge expected to secure the New York &
Railroad, but the control of this road passed into the hands of
Mr. Henry C. Cone, of Stockbridge, Ma°s., who would only connect on a traffic basis. The syndicate controlling the bridge
then secured a controlling interest in the Harford & Connecticut Western Railroad, and now threaten to parallel the
New York & Massachu-setts, and work is to be comm= need in
earnest. The new corporation is known as the Poughkeepsie
& Connecticut, and its road will extend from Poughkeepsie to
Connecticut Western at
a connection with the Hartford
On the west
Silvernail's bridge, a distance of 26J^ miles.
side of the bridge the Hudson Connecting Railroad Co., a
corporation formed in the interest of the bridge syndicate, it
building a railroad from Poughkeepsie through Ulster and
Orange counties to Campbell Hall, at the junction of she
Erie. N. Y. Ont.
West, and Walkill Valley roade, a distance
of 29 miles. About a thousand hands are at work grading, and
it is expected to complete the line early in the coming year.
The Pousshkeepsie Bridge Railroad Company, the Hudson
Connecting Railroad Company and the Poughkeepsie & Con.
Sd quarter.
ll,7»7.023,9e« 11,942.
S months 35.09u.891,P3I
October.
.
&
43e«J03.8S«
-a^
I2i),16i);
-i-8 4,880,686.315 4.170.408308
+n
-6-9 18378.146.344 18.8663)7340 +0-1
4,536.992,653' +10-3 1.811,14e.45S 1.558.0833461 +!2X
a7.6»'J.713,505'
5.1X)5.4P7.S22
.
—
Auction Sales. The following were sold
auction by Messrs. Adrian H. MuUer & Son
recently al
Bontlt.
Share*.
$1,000 Cedar Falls A Minn.
9 Met. Nat. Bk. (55% paid). 11
65
R.B. 1st M. oart
10 Irving national Bunk ...162
8 Hanover National Bank.220>4 $1,000 Palnesv. Water Works
M., 68
93W
Co., Ohio, 1st
6 Now York Mutual Gas Co. 07\
5 N.Y.ConcortCo.(Llm.)$30p.sli. $2,000 Brooklyn, 6s, Perm.
Water Loan, 1891.... 107%*tB».
UontU.
$3,000 23d 8t R'way lit SL,
f 1 .000 New Bmnswick, N. J.,
110
IC8I4
7s, 1893
7e, Imp 1897
$1,000 Third Ato. B.K. Co, Ist
104l>8
M., 78, 1890
,
M
&
-»8 4jeMos,ss«
6 montha 88.983,880,985 88.757.317,336 -»-3 e,587,4S0.031 8,68a.9l7je« -1-S
8.789.538.086 4.083.80S.S43 -«-6 1.456,9e8.0» 1.4K.6n,087 +1-S
July
Augurt.'f.. 8,8S8.S6«,a70 3343,107.873 -0-4 1,415,678.414 134830*336 +4-S
SeptemtMr. 4.089,131.660 4,075,411.351 +0-6 1,419,788.878 I3«934e.'m -H-S
231>-2
Utah
Vermont
223
17
142
Louisiana
4,192.156,486 4.198313388 +1-S
-11-6 1.4USw54a3a6 l,4Ma4S38» —4-4
-VS l.ftaS,4S9.»4S 1308,687388
S.81Z.617.837 4.541.691.S32 -16-1 t.4M3ao,«e7 1.676388.407 -7-7
1st quarter 11,313.866,233 12.402.151.638
s.ge7,889,sie 4,513,017.990
April
4.S50.506,»87 4,300,456,876
below:
j^attMwg aud IflwattciaT.
CITY OF council. BLUFFS, IOW.4,
SIX
PEK CEXT IMPROVEMEXT
BO.\D«.
lasucd for street lmproTement«. Dated Annual and Scpteinber. 1*98,
Deuoniluatlpn #jO<J an.1 Vl.OW.
2, 4, 6 and 8 years.
Interest payable »emi annually at the National Park Bank, Now YOra.
exclusive of tals lasue, $147, 40«.
Total lndel>tedue8( of the city,
and due in
$4,643,540 00
$18,000,000 00
35,000 00
ASSEiOSED VALP.ITION, ACTIML V.lLt'ATIOX, over
POPUl.ATIO.>,
...
CiRISWOLD
A.
GILLETT,
B .1 >'|K E R S
3
,
W.ALL STREBT,
N. V.
:
THE CHEONICLE.
656
[Vol. XLVII.
Posted rates remain the same as a week ago, viz., 4 85 ®4 85*^
s
'v*
v
and 4 88J.
To-day the rates on actual business were as follows, viz. : Bankers' 60 days' sterling, 4 84} @4
84 J; demand. 4 87i@4 8 8.
Cables, 4 88@4 88i.
Commercial bills were 4 83|@4 83. Coetmental bills were: Francs, 5 22i@5 21| and 5 18}@5 18};
Slue ^Ktiktxs' @a^jette.
.
mVIDENDSi
Tie following dividends have recently been announced
Boolcs Olosea,
WAen
Per
Name of Company.
(Days inclusive.)
Cent. Payable.
reichsmarks,
95J@95| and 95f@95J;
& Alton, prel. & com. (quar.)
& Pitteb., guar, (quar.)
Cleveland
2
1 Nov. 16 to
1%
Dec.
Deo.
134
Nov. 12 Nov.
1 Nov. 11 to Dec.
MiscellaHeous.
"Whitebreaat Fuel Co. (quar.)
7
1
to Nov. 12
WAL.1j street, FRIDAY, November 9, 1S8S-5 P. M.
The Money Market and Financial Situation.— Our peaceful revolution, -wbich is the
wonder
of foreigners every four
swept over the country, and a complete change in
the Government takes place, without a ripple of extraordinary
excitement or any fear of industrial or financial disaster.
There is every probability that Mr. Harrison will have
a conservative man as Secretary of the Treasury, and
the presence of Mr. Morton in a high position at "Washington will also be a favorable point, as he is thoroughly informed on financial questions and his influence cannot be otherwise than helpful. These views are altogether
financial and not political, and while the conservatism of Mr.
Cleveland's administration was known, we cannot share in any
prognostications of evil likely to arise from rashness or unwis-
on the part of his successor. The prophecy of any hasty
withdrawal of money on deposit with the banks is a mere
dom
bugbear.
At the Stock Exchange there has been little animation, and
the principal feature was the moderate selling of stocks on
Thursday, with a tendency to weakness in prices on that day
and the next morning, in which movement the coal stocks and
But to-day (Friday) the
tone was stronger at the close, when Missouri Pacific was up
to 77f, Lackawanna 138^ and Reading 49J.
There has been much current talk of important negotiations
Jikely to be made, among which we may mention the rumors
rites of domestic exchange on
the under-mentioned cities to-day: Sivaanab,
buying } discount
selling i discount@pir; Charleston,
buying 1@J discount; selling par; New Orleans, commercial
$125 discount; bank, par; St. Louis,' 50 @75c. discount;
Chicago, par@35c. discount.
The rates of leading bankers are as follows
;
November
Sixty Days.
9.
Amsterdam
40%»
(guilders)
Frankfort or Bremen (reiobmarks)
Coins.
Sovereigns
®$4 83
$4 34
Napoleons
3 85 ® 3 90
X XReiclimarks.. 4 74 ® 4 80
25 Pesetas
4 80 ® 4 ^5
Span'h Doubloons. 15 55 ®15 70
Mex. Doubloons. .15 55 ®15 70
Fine gold bars
par ^ i4prem.
— giHa —
—93 ® —
Mexican dollars.. —74 -s —
Do unconnnero'l — TSi^ai —
-731-2 3 —
Peruvian sola
English silver
4 80 -9 4
U. S. trade dollars — 72 -a
Fine silver bars..
Five francs
The
total
payments made
1888.
Nov. 3.
fr'm
Prev. Week.
1887.
Nov. 5.
1886,
.VoO G.
60,7<j2.700
.M,580,000
704,000 352.300.600 340.994,900
Dce.2,397,6U0 77,086,700 77.070,000
Dec. 121.300
8.048,700
8,173,200
Dec. 746,200 358.763,400 350.718.800
Inc. 212,900 22.390,700 16,242,600
Dec. 186,."^50 89,690.850 87,679.7(10
Dec.2,154,700 99,477,400 93,312,000
dlsc'ls. :<9 1,410.900 Inc.
90,063,100
6,365,800
417,787.400
28,114,000
104,446,850
118,177,100
Specie
Circulation
Ket deposits
I,egal tenders
I..9gal
Diffr'nc's
reserve
Beserve held
Bur,')luB reserve..
—
13.7u(),2.50 I)ec.l.968.150
9,786,550
5,632,900
Excliaii^e- The sterling exchange market continues very
cull, the demand being only nominal, and there has been no
feature during the week.
Rxtes have been a trifle heavy in
consequence of the dulness, but there is no important change.
;;
95
95
75 'e
75
75
85
bonds purchased from Aprit
Thestitement for this-
for
week
is
as follows
4K Per
4 Per
Cents due 1891.
Offerings. Purcli'ei. Prices paid.
I
Saturday
1839,100
$839,400
1,147,500
. .
Monday
1, 147,500
Wedn'sday
85,000
122.100
lOS'-i
85,000
2,100
1,289,4.50
1,259.450
282.800
The
108^
lOSW
108M
104,800
.
1907.
Prices paid.
1863,300
918,850
SSO.OOO
580,000
610,000
630,000
lOSI^
j
Tuesday....
CenU due
Ogerinos.
3,982,150
108>5
51.393,000
closing prices at the N. Y. Board have been as follows r
Interest
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Periods
3.
5.
6.
7.
8.
9.
reg-iQ.-Mar. '10714*10714
coup. q. -Mar. 'lOa^s *10838
127i6
reg.iQ.-Jan. '127
12714
coup.iQ.-Jan. *].27
cur'cy,'95....reg. J. A J. *122 ,*122
68,
1891
41*8, 1891
4s, 1907
4b, 1907
4ifl«,
and they rather confirm the impression that the Inter- State
its long-and-short-haul clause and its prohibition of
pools on earnings, will tend to foster more extensive railroad
combinations than we have ever had before.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from IJ to 2J per cent,
and to-day the rates were 3@2i per cent. Prime commercial
paper is quoted at 4i@3 per cent.
The Bank of England weekly statement on Thursday showed
a loss in specie of £939,000, and the percentage of reserve
to liabilities was 36'o2, against 37'94 last week; the discount
The Bank of Prance
rate remains unchanged at 5 per cent.
gained 5,000,000 fi'ancs in gold and 1,700,000 francs in silver.
The New York Clearing House banks in their statement of
November 3 showedadecrease insurplusreserveof $1,968,150,
the total surplus being $13,730,350, against $15,693,400 the
previous week.
The following table shows the changes from the previous
^jeek and a comparison with the two preceding years in the
averages of the New York Clearing House banks:
9558<»95%
28 to November 3 were .$110,011,000.
Total.
..
3.740.250 3,488,030
SinceAp.23.!
4:i.865,660
law, by
405,, 940%
United States Bonds.— In the Government bond market;
there has been quite a little activity in the 4«, which have^
shown a rising tendency. The other classes have been neglected and are unchanged in prices.
Of the 443 $3, 433, 05*
have been purchased bv the Secretary of the Treasury, all at
lOSJ.
Another
and J. P. Morgan to talk over M. K. & T.
report from Toledo speaks of a possible alliance between the
Cincinnati Hamilton & Dayton, the Wheeling & Lake Erie and
another Ohio road. These things may be only straws at the
present moment, but they show which way the wind is blowing,
403,6
O.^H
9518 9
—The following are quotations ingold for various come
Thursday..
Friday
affairs.
Demand.
Prime ban hers' sterling bills on London.. i 8.5 ®4 85io
4 831a
Prime coiumeroial...
4 331334. 8.3^
Documentary commercial
4 83 »4 83 14
Paris (francs)
5 22i«a5 217e 5 lH\tt5 IPif
of a proposed agreement for maintaining rates in the Southwest and also the reported meeting between 5Iessrs. Gould, Bull
and
40@40i sd*
at
Missouri Pacific were the leaders.
ILioaDs
guilders,
The following were the
New York
years, has
Capital
Surplus
.
40i@40f.
Railroads.
Chic.
^
:
:
,
6s,
6a,
63,
68,
*
1
]
cur'cy,'9ti....reg.!j.
cur'cy,'97....reg.;j.
cur'cy,'98....reg.lj.
cur'cy.'99....reg.lJ.
This
is
the
i>rice
&
&
&
&
bid at
J.
»12o
1*125
J. •127's *127i2
J. I3014 *l-29i3|
J.|*132ia *132i2
tlie iiioralna
'IO714 '107i4i '107 14
•108%
'108381 '108;'t»
12738 127361 127%
12738 127% 127i»
'122
'122
•122
125 •125 >125
'127 131 •l!i7
'127
1291.3' 129
>129
132
>132'a('132
Board; no sale was made.
State am]L Railroad Bonds.— A
very brisk business
wa*
bonds to day, the s.iles including several different classes, and prices advanced. Previously they had beea
very dull and neglected.
Railroad bonds have shared in the general dulness, though
compared with stocks the business has been larger the prices
of the former have also held their own better than stocks, and
There has beea nothing
the general tone has been strong.
like auimatioa, however, and the business has been well dis-
done
in State
;
tributed.
—
Railroad and .lliscellaneons Stocks. The market hB&
continued dull all the past week, the interest iu the electioa
It was naturally
having diverted attention from speculation.
expected that there would be some decided movement in pricesafter the result was known, but it hid no particular iullueiice ovt
the market until Thursday, when there was a general decline,
started by London selling, and assisted, it is .said, by the selling of long stock which had been accumulated in anticipation
of a rise after the election, whichever way the vote should go.
There have been few features of interest and very little newsLondon lent some support early in the week,
to affrict prices.
by taking a limited amount of stock, but subsequently sold
and helped unsettle the market. Missouri Pacitic has been
prominent and was strong until Thursday, when it led the
The coalers were also quite weak at this time, being
reaction.
influenced by the falling oil in the demand for coal and the
impression that the late buoyant condition of the trade is over;.
Reading was quite heavily sold. The Vanderbilts huve been a
feature, but they gave way a trifle with the balance of the
market in the decline above mentioned.
To-day the tone continued weak in the morning, but improved materially in the afternoon, and with a small volume
of business prices closed near the best of the day.
H
.
November
.
THK CHRONICLE.
10. 1888.J
81UCKS-PBICES AT
657
STOCK EXCHANGE POB WEEK ENDING JVOV.
N.T.
AND SINCE
9,
HIOHS8T Am) Lownrr pbiobs.
erocKS
Batordsjr,
Nov.
KR.
Active
AtlnntlK
Stocks.
*8^
>b I'uclllo
(Uiitiillnn
Novf1?.'
8%
Tuesday.
Nov. 6.
'Jonlriilof NowJorsoy
tJfintnil PiiolMo
Chesapoako
O., reori?. ocrt.
Do Isl prcl'. reori;. oert.
l>o '^il pref. roorg. cert.
&
Chicago Rurllinton & Qulnoy,
Cbloago ife EmL IlUnots
prof
1)0
Oiloa^o Milwaukee A, 8t. Paul.
80 'a 00 °g
•10
18
•18
20>4
18
60
6S3«
oa>s
30
20
91
3U
20
•I?"* 18>4
18>4 18%
110>9llO>j 111>4 Ill's
439g 433^
43% 44
08<4 08^
983la 983^
6608
67
pref.
R'y.
1st pref.
& Ga.
2d pref..
Evansvllle & Terre Haute
Fort Worth & Denver City
Green Bivy\Vlnona& St. Paul.
Illinois Coutral
Ind. Bloom. Ac West
Klng,iton ifc Pembroke
Do
Shore
&
103
'92
*59>3
41
&
Do
ailssourl
*30
*88
pref
St.
117
^7
'Ills
Louis
pref
Kansas & Texas
'12
7738
10
Missouri Pacltlo
MobUe&Ohio
91
60
45
94
Do
17
12>9
783g
10
Do
10
35
-171a
SorfolkJS; Western
1818
52
Do
prof
Ohio «fe Mississippi
Oregon ifcXraiui-Contlncutal..
JPeoria Dt-eatur
Evanaville.
Phila. & Real Vot. Trust. Cert.
'
I .
4938
28%
BlohmondiSs WostP'tTorminal
Do
5:
2058
601a
231a
30
30
•25% 201a
&
sm
l>ref.
Borne Watertown & Ogdensb'g •85
6C Louis & San Prauclsco
27%
Do
67 13
prof.
Do
let pref. 112
at. Pauli Dulath
431a
Do
pref
95
491. Paul .Mlnneap. & Manitoba. 104
Texas & Pacltlo
24
Texas & Paciao Laud Trust.,
22
(Talon Pacltio
64
]
i
Wabash
UiStPaclllo
Do
pref
Wheeling & Lake Erie, pret..
St.
i
•14I3
49 'e
29
811a
15
pref.
23 14 23»8
3OI4
301a
20
26
50%
291a
821a
4612
15
15
60>4
60%
103
524 52 la
27
00% 61%
60%
33% 34
80% 81
118% 118%
•73
106
74
104
105>s
Oregon Railway & Nav. Co... 931a 9313 931a 9313
PacllicMail
37
37
3719 3714
Philadelphia Co., Nat Gas
80 84
831a 831a
Pullman Palace Car Co
170 170
1701a 171
Western Union Telegraph
84 >a 84-^8 85
85>s
Express Mtocks.
.....
.
0niti-d states
WelLs, Kargo &
Tel.
•137
& Cable Co
'SOia
At^'hisuu Top. ife Santa Fe
Olnclnnati Wash, it Baltimore.
Do
N. Y.
New Haven &
prer.
Hartford.
Ohio Soiithcrn
Oregon Short IJue
Pitta. Kt.
..
Wayne &Chlo
Quioksllver Alining
05%
214
•313
230
•14
•40
150
113
78
143
Co
Ijjuis .\It. iJiTeiTO
149
•111
78
138
8114
811a
OS's
65%
2%
•214
31a
41a
235
149%
113
70
145
sm
6618
2%
41a
I
151a'
41
151
81a 10
36 38
•43
47
150
I>o.
pref
Haute..
Louis Ark. iScTexas
South Carolina
nt
•148
'111
78
Co
Inactive Stocks.
American
a
Tol. .\iin Arliont N. M
Ooluml)ua iV; Hocking Coal....
Tomiesseo Coal Jc Iron
pret.
.!">
151a 151a
41
411a
1501a 1.501a
•81a
10
38
*
3
10% Jan. 10
2
2
57% Get.
1
fll%Ort.
1
2(1%.Mar. 20
.July 17
11
.•»7%JiiW30
2'.i',
Oct.
Oct.
I
•6
O
n
12%
_—
76%
•41
2334
16%
12%l
7779
'9% 10%
10
82% 82% 82
84
10978 110
19%
45
29
75
44
20
75
44
45
28%
2878
4373
41% 45%i
15%
'9% 10
•31% 35
10
•17% 19
1773
52 '8 53
27
27%
01
81%
23%
30%
26%
50%
29%
81%
89%
8
14
13%
70% 77%
1279
16% 10% '15% 10%
10
9%
9%
17%
27
20
•20% 27
18%'
5178
1778
23%
30%
29%
82%
89%
10%;
33% 34%'
51% 52%
00% 61
22% 23
297,
30%
51
5178i
27% 27%,
60% 61%:
'73
73
21,590;
140,
36,360'
22% Mar. 9, 30% Oct
52% June 13 67% Oct
29% Mar. 22 53% Oct
73
•72
103% 105% 103% 103% 103
93% 93 %| •93
94
37% 38% 33% 38%
.S3% 83% 82
85
17078 17078' •170 171%
85% 8578 85% 85%
119
73%
104
93%'
93%
37% 37%
27'
26%8cptH
Oct
2
32
2;
9,
21
61
28%Oct
1
1
6479 Sept
8
2
SSig Feb. 17
29!
83% Sept 4
29% Oct 24
55 Jan.
86% Oct 24
10 82% Feb. 13| 94% July 25
7S0! 24
Mar. 27 36% Jan. S
2.310 03 Apr. 2 74% Oct 5
ll5l05%Apr. 3.11679July 19
1,015 43 Mar. 29 64% Aug. 4
5 89
Mar. 29 105 Jan. 28
1,760 94 Apr. 2 1 14% Jan. 23
5,075; 1379 June 6' 26% Sept 8
200 22 July 7] 25% Au«. 3
.52,2301 48
Alir.
2 66% Oct 19
7651 12
Mar. 27 16 Jan. 3
86O! 21
Mar. 24! 30 Hay 1
3,810 44% Jan. 3| 62 Oct 5
2,620;
30% Apr.
2,130
~
600 68% Mar.
M
1,609(103
Jan.
3{120
Aug;2S
Mar. 291 77 Got S
101% July 2 107% Ang. S
Apr. 2 97 May 3
84%
28% Apr. 2 40% Oet 1
75 July 9106% Feb. 15
133% Apr. 31175 Sept 30
70% Apr. 21 86% Oct 5
lOOl 45
66
1,250
2,770
"81
81
100
163
171
1,023
85% 85%
1
1
5
200 14 Jnnel3 19 Sept 13
250
7% Mar. 28 ll%.8eptl3
700 26 Apr. 2; 37% Sept 29
250, 15% Mar. 24 23%Sept. 13
4,1151 41% Mar. 31 58% Sept 19
l,22o| 1979 Apr. 3, 2g%8Hpt. 11
24.933i 42% Mar. 31 64 Sept 11
2,370; 17% Mar.
2278 23%'
31% 10,975' 17% Apr.
550 15% Apr.
25% 25%'
48% 49% 102,400 43% Nov.
2379 29% 48,560 19 Apr.
119% 119% 119% 119
74
3 146 Sept. 29
S;il4%.laa. 27
30 Apr. IHl 45 Oct 12
683 77% June 12; 98%8optll
920 72 Apr. 2; 92% Oct 1
100 48%Junel8 80 Jan. 10
1,080 83 Mar. 27 104% Jan. 5
200
378 Mar. 28
979 Apr. 30
0%July 6 18%Apr. 30
2.585 10 June 11 18% Jan. 5
29,272 67% June 12 89% Jan. 3
100
0% Mar. 29 13% Jan. 27
200 71 Apr. 2 85% Sept 4
5,012 102 % Apr. 2 111 Sept 8S
250, 12% Mar. 31 20% Oct 28
215 61%Julv 6 7678 Oct 1»
2.501 23
Mar. 31; 45 Oct 24
30
28
48% 50
23% 29%
81% 81% 81
82
90
90
2H
28
2678 27%
27
27
08^8 69
68% 63% 67% 67%
113 113
113 113
112 114
44% 44% 41% 44% 43% 43%
'95
100
•95
100
98% 98%
104% 105
104 10178 104 104
24% 23
24% 24% 24% 24%
23% 23%
65% 66
64% 65% 64% 65%
"14% 15% 14% 14%!
15
15
27% 23
27% 27% 27% 27%
00% 60% 60% 61% 01
6I79'
33% 34% 34
31% 34% 34%'
81
81% 81
81
•80% 81%'
119
*5"138 Apr.
100% July
1.008
1
89
51% 51%
92
92%
53
93
7
•14% 17
•148
111
111
79
79
•138
11
•24
2II2
32%
11
143
.
51%
Sl^s
84itt
80
I
138
•81
82
6579 67%,
•2%
•3%
232
2%|
4%'
233
,•
15%
•3%
232
•150
43
I
42
•43
11% *i6"
•24
21
23
21
9
84%
85 >a
Xbeee are the prlcea bid and asked; ao tale waa
made
47
9
115
4%' •3%
4%
234
232% 233
13%
42%
42
•lO"*
62%
•137
150% 150% 130 151
•8% 10
•8% 10
•36
•36% 38%
38
•14
11>3
5219
'
•14
•14
47
33
331a
91 14 94%
139
81% 81%' •30% 81%
65% 00%' 63% 66%
'2%
2%! •2%
3%
•10
25
2m
3278
148% 148%' 148 152
111 111% 111% 111%
'78
80
79% 79%
152
•37
•43
See. (Unl isted.)
Amer. Cotton Oil Trust
Pipe Line Cortitlcates J
89
92
7
•9
47
95% 95%
I
34% 35
Bt.
,,
Varloas Stocks,
Apr.
45% Apr.
73% Apr.
29,U60
I
Adamj
American
405
41
47
•95% 96
89
89%
63
2719 28%
27
29% 29%
40''3
•95
100
100
101
1031a 105
2II4 24%
24
22
64 14 64% 6518
6038
44
44
05
•26 14
20
HI.J
BIjIkMI.
1
1I0%111
110 110%
19% 19% -19% 20%
76% 70% •75
77
45^8
10
29
82
84
46
16
341a
1818
•4513
461a
32
661a
341a
1818
5018
17
12% 12%
78% 79%
10%
9
73
45
28% 29 14
45 14
10
8
'15
19 'a
68 14 09
110 112
•34
Colorailo Coal &Iron
36
Consolidated Gas Co
•801a 811a
Delaware & Hudson Canal. ... '1181a 119
Oregon ImprovementCo
•73
74
Do
'8
3.340
HMM.
1
•41
55
•7
109% 110
19
73
•44
89% 90
•30% 37
•19 14
•17
7%
200,
6.11.5
1,
11% July 23 lT%8ept39
•-•-•20% Mar. 31 41 8epL28
1,323! 82% Apr. 21 42%8«pt.28
100 100 June 13 110% May 1
300, 65% Apr. 2 95
Oct. 23
5001 42% Apr. 2 05 Oct.
1
28% 26% 27
400 17 Mar. 21 36% 8ept 11
27%
138% 139% 137% 138% 40,310 123% Apr. 3,145% Oct. 1
19%
200, 15 JiUy 2 23 Jan. 6
49
34 44 Mar. 24, 55% Oet. 1
10% 10% '10
180
10%
8% Mar. 22 11% Oct. 3
•73% 73
•73% 75
200 55 Mar. 22 83 Oct. 25
21% 24% '24
610 17% Apr. 2 27% Oct. 3
25
•85
•85
89
89
84 Mar. 22 90% Sept 11
21% July 24 46% Jan. 3
7% 7%
7% 7% 1,015 7 Oct 30 12 July 25
•116
116% 116 116%
100,114 Mar. 5 123% Aug. 3
18
•18
18
19%
100,
9 % Mar. 28 19 % Sept. 12
•29% 30% •29% 30%
100 2779 Jan. 16 37% May 1
17% 18 •17% 13
200 12% Mar. 22 19% Sept. 29
62% 52% 52% 5i%
810 40% Apr. 2 5578 Oct 1
103% 103 '8 10278 103% 20,200, 85% Apr. 2 10178 Oct 1
•92% 91
'92
94
30 87% Apr. 2 95 'June 25
59% 59% 59
59% 5,585, 50% Apr. 2, 61% Jan. 9
•45
92%
90
8213
27% 27%
27%
67%
•30
10 la
8 2 'a
60%
47
96
89% 89%
17
90
112
90
77% 78 1«
90
27
Dlisceriaiieons Stocks.
121a
•91a
2B58
6038
231a
pref
Sforthem Paclflo
90
50
91
9
•141a
121a
18
5314
001*
•41
95%
661a
34
pref.
9.3%
•913
4538
IOI4
53
OOig
•83
•7
8
17%
103 '8 101%
•92% 94
46
30
50
91
pref.
Do
llS'a 11«'8
•18
19%
29% 3914
94
59''8
89
•7%
8-4
30>4
1773 17'8
53
5338
10338 lOS's
-41
Na8hv.Chatt;i,uooKa&St.Louls *81»2 8213
New York Central & Hudson. •1093a 109%
New York Chic. & St. Louis... *19i3 20
Do
1st pret. '73
70
Do
2d pret.. *43i3 45
«ew York Lake Erie & West'u 28 'a 28
Wew York A New England
44%
New York Ontario & "West
151a
Kew YorkSusq. & Western... •Ola
'85
29%
53
103 14
48
74
117»all7'«
17's 19
19
30
lOifl
9% 0%
74
25% 25 14
74
25
89
89
Michigan Central
MIL Lake Shore i West
19
10>a
7''8
8
28
2S
139% 140%
48
10>a
74
25
•85
95% 95%
Uanhattan Elevated, consol
&
8
110
17% 17%
liOng Island
Minneapolis
89
24% 24%
*52'9
ILoulsvllle
Nashville
Ixiuls. New Alb.
Chicago.
Do
•85
30
prof
Mloh. Southern.
*
10 "s
75
9
53%
53^8
1421a 143 •1421a 143 14
10714 108
107 107
•14
•14
10
10
•38
•30ig 38>g
89
•361a 39
39
39>8
38% 3914 38% 38%
1051a loo's
Oils 94 •«
04
94
•93% 01%
•00 "a 62 "4
•58
59
59
59
•lHaia
4SI4
•10
•73 >a
*17is
^
Lake Erie lb Western
littke
•4714
•8i«
•55
5314
Mh»r«s.
9.
142 143
108 la 109
60
Do
8%
I^WMt
IM
2.}
10% Aug. I 20%
1
18% 17% 17% •17% 181a
95 10 July 20 21%Oat 1
lU>f 111% 110>allli4 11018 110% 2.015 108^8 f>ot. 30 130% Jan. 97
43% «4%l 4JI4 43% 43
43
2,200 40 Mar. lOi 44% Oct. S
98% 98>a 98
98 13 97% 97%
ooRSS 89% Mar. 2 99 Oct. S
(lO'a 07ial
68
67
66% GG^g 36,278, 60% Sept 151 78 Fob. S4
107% 107% 107 107% 100 106
„„6g8| 0«%Junel2 117 Apr. 27
lllisll2
112>8ll3
11114111% 20.170 102% Apr. 2 110 8«pC «
*2(!
Hiwkliii,' Val. A-Tol.
27
Delaware Lackawuiiua & West ISSTglSO's 139 >4 140
Denver &KioO.,a8se88m'tpJ. •17 14 ISI4
Do
Do
Nov.
IHHS,
•18
Oolumlius
East Tennessee Va.
Week,
KrfaUr,
8.
8%
9
mij
& Northwestern
Nov.
7.
•53% S0%' •33% ft.'i's
S4ifl 05
53 >4 54 Hi
00% 91
89% 00
36 14 3014
37
37
IQTg iM
19
10
•17>« 18
•17
1814
pref *10(i'al07
107 a^ 107%
Ill's lll»8ll2>4
pref. 14313 llS^l 1 i:j'8 14;»'8
Do
owe aso Rock Island & Paolllc 108 108 10s 14 10HI4
Oliloago St. Louis J^ PitcsliurK. *13is 15^ •14
10
pret. *36i9 38 >a •38 « 88
Do
38'8 SSTg
CUlcawStPaulMln. &Oin... 38''8 39
pref. •1041a 105% 108
Do
lOG
91
94
Ctnclu. Iml. St. Louis & CUlc. •93 '8 04
•00
62
UlerelandCul.Cln.de Indlaaap.
62
Ol.loago
Nor.
1,
K»D«e nluoa Jsii.
or tha
WedoMd^r., TbnrwUy,
•83«
ai% •55% 56 >4
03% &4>g
I*iu<tt1<'
OHii;iiliL Sotitluirti
Do
MonUit;
3.
JAN.
•42
42
15%
42
151
47
li'
21% •19% 21
33^ 34% 34
33% 34% 35%
94>« 94% •04
95
95% '94
53% 54%
53
54% 5278 54
85% 8678 85% 87% 8478 80%
at Uie Board.
{
21
Prtoea trom both Exohangei.
90 137 Apr. 12155 Oct 4
87 100% Mar. 22 112 Sept 33
107 67 Jan. 4 82% Oct 11
53 128 Jan. 19 143 June 38
147 70
Jan. 12
6178 OiU. 22
4,783
I
'
178 Aug.
4% June
100 215
60 10
1,000
.'
31
5
'
13'..>
24%
430 94
47.661
c,//y,o<x»
4% Jan.
M
a%FM>.
Oft 29
••11%
-%8cpt2»
% Oct 17
...3
May 14
I
320 150 i?.i... ^
9 Mar. 19
33 Mar. 31
35 Mar. 37
879 Nov. 3
200
100
6% Aa«. IS
24 Oot 271
400 17 Mar. 22
18,028
82 BeptaS
99%Fiebw 30
Apr.
Nov.
3
2
13% Jan. IS
41 July IT
48% Oot.
I
le
13% Oct 3T
187, Jaa.
27
30
Get.
U
Jan. 9
33% Nov. 9
95% Oct 36
Mar. 21 54% Nor. 9
71% Jnne27H00 Mar, a
25
.
..
.
. ..
.
THE
558
(
BONDS-LilTEST PRICES OF ACTIYE BONDS AT
Nov.
& Pac—W. D. Inc., 68, 1910
Loweti.
doting.
I.
91%
82
89 14 Mar.
b.
96^8 Auir.
Aug. 108%
121 Oct.
Jan 123% Apr.
Jan. 10638 June
II2I2 Apr. 117 Oct.
101 >2 Jan. 109 Juno
llSifiJan. 116% June
liaifi Apr. II6I4 July
100 Apr. 103% Jan.
105%V>. lOSigb, 104
120
121
a.
120
105%
Fan.
b.llllijJan.
b 1201a
115
98
10579
116 b. 117 b.
108 14b. IO8I4
115 b.
I1514
11278b
100 isb. 101
Land grant Us. 1890
lOliflApr. 105i4Sept.
Mort. 6b, 1936
v ^- V,:^ 103 b. 103
10514 Feb. II414 Feb.
CheB. & O.— Pur. m. fund 6b, '98 314 b.
80% Sept.
Ber.B,1908,reorg.cer. 7868b, 78i4b. 62=4 Mar.
6b, gold,
80% Sept.
78%
62 Apr.
Ext.coup., 4s, 1986,reorg.cer. 78%
32
1658 Apr.
34% Oct.
reorg. cer. 32
6a, currency, 1918,
..-— 114 b, 114 b. 90>s Jan. 11484 Nov.
Mort. 6a, 1911
IO314 Mar. 110% July
5-68, 1911 .. 105 0. 106%
cues. O. & So. W.—
97 Oct. 103 Jan.
Oblo.Bur. & Nor.— iBt, 6b, 1926. 97 b.
Ohio. Burl. & Q.— Con. 7b, 1903. 132i%b. is 2 'si). 12g>s Jan. 134 June
IO219 101% Nov. 107% Fol).
102
Debenture 5s, 1913
91 b, 9114
90% Sept. 95 Jan.
Denver Divis., 48, 1922
91 b. 91 Sept. 97 Jan.
91
Nebraska Ext. 4s, 1927
113 Jan. 119i4 0ct.
Con. 68. 1934 120'aa, 119
Cblc. & East. lU.—
Oct.
9712b. 9714b. 911a May 101
Gen. eonsol. 1st, 5s, 1937
Ohio. & Ind. Coal R., Ist, 5b, '36 103 b. 103%a. 96 Apr. 103% Oct.
Cb.Mll.& 8t.P— iBt, I.& M.7b,'97 116 b. 115 b. 113% Oct. 119 Apr.
126
124
123 Oct. 128 May
ConflOl.7B, 1905
llOJa 110%b. IO713 Sept. 114 Fob.
1st, 80. Mhi. Uiv.— 68,1910..
58,'21 104 b. 104
101 1« Jan. 107 Aug.
l8t, CM. & Pao.W.Div—
98% Sept. 104 May
Wlfl. ifeMin. Div.-5B, 1921 .... 100 b.
102 b, 100 Jau. 103 Juue
terminal 5s, 1914
139% Jan. 144% Nov.
CblC. & N. W.—Consol. 78, 1915 144i£b. 144%
132
132
12G June 132% May
Gold, 7s, 1902
Fob.
llSiab. 118 b. 118
Oct. 121
Sinking fund 68, 1929
107iab. 107%b 106
Feb.
1929
Apr. Ill
Blnking fund 5s,
Blsklngfund debent.58, 1933 108%!). 10938b.;io7 May. 112% Sept.
1909
104 b. 103%b.!i03isNov. 106% Apr.
26-year debeut. 5s,
95%
93 Aug.
95
91 % Mar.
Extension 48, 1926
June
Chi. K. I. & Pac— 6b, coup. 1917. 132 b. 132%b. 130 July 134
106% 10678 104 Mar. 108 May
Exten.& col. 5s, 1934
•
1888
1,
tttiee
01i.8t.P.,M.& O.— Consol. 6s. '30 121''e
PlttB.— Ist.oon. 5b,'32 97iia. 97
C. C. C. & Ind.— Consol. 78,1914 131 b. 13178
112
104
Gen. 68,1934
Col. Coal & Iron— Ist, 68, 1900.. 104
Col. H. Val. Is. ToL— Con. 58, '31 7S
84
Gen. gold, 68, 1904
Denver A Kio Gr.— lst,78, 1900
78
l8tOOU.4B, 1936
76
Den. & B.Gr. W.-lBt,68,1911
67
Assented
Den. 80. Pk. & Pac— 1st, 7s, '05 77
78
84
119% Jan.
95
123
b.
b.
b.
b.
Oct.
Jan.
107% Jan.
100
63
63
Jan.
1.
87
80
Jan.
b.
70
77%
Mar.
Aug.
317ea.
Det.Mac&M.— Ld.gr.3i«s,1911
May
'56 103i«
104
95% Jan.
100 14
96 Mar.
Ellz. Lex. & B. Bandy— 6s, 1902 IOO'b
Erie- let. couboI. gold, 78, 19201136 b. 135%b. 132% Mar.
!113isb 114
Ill Jan.
Long Dock, 78, 1893
116 b 115 b. 115 Apr.
Con. 66,1935
K.Y.L.E.&W- 2dcon. 6B, 1969 101 Jjj 101%
92% June
92%
Ft. W. &Denv.C.-lst, 6s, 1921 92=8
77% Apr.
Gal.Har.& San.Ant.- 1st, 6s,'10 106 b. 106 b. 101% Feb.
102%b. 98 Apr.
2a M., 7s, 1905
West. Division- l8t,5B, 1931. 911-jb 93%
90 Mar.
Gr'nB.W.&St.P.— 2dluc.88,1911 29 b. 29 b. 25 Apr.
118 b. 117 Oct.
Gnlf Col.&San.Fe- l8t,78, 1909 118
9014
Gold, 6s, 1923
88%
88% Nov.
Henderson Br.Co.— 1st. 6s, 1931 I08%b. 109 b. 107% Mar.
124 b. 124 b.lll Mar.
H. & Tex. C— 1st M. L. 78
124 b.ll24 b. 112 Feb.
lat, West. D., 78,1891
lOSijb. 105%b.!l05 June
lst.Waco&N.7s,1903
2d, consol. M. L. 88,1912
108 b.'l02 Feb.
Gen. mort. 68, 1921, tr. rec... 70 b. 70 b. 65 Jau.
Ind.Bl. &W.— lBt,pref.,78,1900
110 May
let. 5-68,1909, tr. rec
93%b. 93 b. 80 May
E.Ten.V.A G. Ky.-Con..5B,
2a, 5-6s, 1909, tr. rec
65 a. 69b.
East. Dlv.— 6e, 1921, tr. rec. 93 %b. 93%b.
Income, 68, 1921, tr. rec
20 b.
Int. & Gt.Nor.— Ist, 6s,gold,'19 102'
102 b.
Coupon, 68, 1909
Kent. Centr.— Gold 4b, 1987
66
73 %a.
,
40.—1st, 6s, gold, 1925 104%
L. Erie & W.— iBt g., 5s, 1937 ..
Knoxv.
LakeBh.- Con.coup.,l8t,78,1900 128
Con. coup., 2d, 78, 1903.
126
120
1898
1931
65
I^eb.
80
May
15
Mar.
98% May.
67 b. 61 Apr.
73 b. 69 Jau.
103%b. 89% Jau.
107%b. 101% Jan.
125 Feb.
12614b 122% Jan.
119% May.
107 b. Ill Jan.
—
adpref. lurome
Sept.
Oct.
Jau.
iuoome
i>s,
5s,
53,
Dividend
Jan.
138% Aug.
St. L.
115
120
1894
bcfs, 68,
& Tex.— Ist, 68, 1936
at. L.
Oct.
9338 Sept.
106% May
July
Oct.
42% July
I22I4 May.
Sept.
110% Juno
124
124
114
•
Oct.
Oct.
Feb.
108% Jan.
72% Sept.
112% Jan.
95
74%
Oct.
Sept.
77
73
Jau.
Jan.
Jan.
1936
2d, gold, inc. 58,
132
107
Jan.
May
June
Oct.
132% Jan. 136%Jime
103% Apr. 112 July
127% May 133% Oct.
86%
114
127
9338 Sept
Jau.
Mar. 118% Juno
133 June
Jan.
Mar.
112% Oct.
108% Sept
I
118 Sept
95 % Aug.
101%
IOII4
-,114
b.
106 b. 108
73 %a.
88%
2000
104% Nov.
Oct
Oct
Mar. 107% Oct
May 77% Oct
88 Oct
89% July
85% Aug. 90% Oct
69% Aug 77% Oct
9l)i4
93
106
102
69
63%
59% Aug.
51 Apr.
109 Jan.
8714
86 "b. 80 Apr.
99 14
9914
85 Apr.
116 Mar.
114 b. H4%b. 113 Jan.
110 b.'llO%b. 107 Jan.
105 b. 105% 100=9 Apr.
104%a. 10378b. 93 Jau.
—
41 b. 49 b. 40 May
112 b.
112 July
110 a. 108 b. 108 Feb.
101 %b. 103 b. 103 Jau.
40 b. 35 Apr.
88
91%
87% Nov.
31%
31% Nov.
33%
108 b. 108 b. 106% Mar.
106 %b. 105 June
104%b. 104=8 102% July
86 b.l 87
80 Apr.
100
106
101
68, 1899....
117
Tol. A. A.
May.
129% Juue
126% Nov.
Jan.
Jan.
Jau.
103
114
67% Sept
62% Oct
b
115i8b.
41%
94
—
June
90% Sept
99% Oct
118
Fob.
117% May
110% May
108% June
107% Oct
52 Aug.
114% May
110% Jan.
108
Oct
4238 Aug.
Feb.
48% Jan.
104%
llll%Jan.
112
Jan.
103% Jan.
92%
Jan.
114 Jan. ill9%JiUy
Jan. jll8 June
10038 Jau. 103% June
112 Jan. 119 Oct
116 Apr. 120% Sept
112%
1
Mar. 120
114
96%
Juue
98% June
87% Oct
Apr.
80
90
29
97
69
Mar.
Jan.
Apr.
95
36%
Apr.
Jan.
105% Aug.
Jan.
Jan.
87
May
19
13 Apr.
Oct
111% Apr. (116 Mar.
105% Jau. 103 % Mar.
1
95%
May
38% June
92
9979
85
105 b 101
101 b 93
9479
91
a.
116
113%Jan. 1119 July
114% Nov.!; 119% Juue
41%
b.
b.
Oct
Jan.
94% Jan. 106% Oct
108% Feb. 113 May
90
76
60
50
76
Mar.
Mar.
29
70
b.
b. 11014b.
10378b. 104
& N. M.— Ist, 68, 1 924.
Tol.A.A. & Gr.Tr.— Ist, 6a, 1921
Tol. & Ohio Cent.— Ist, 58, 1935
Tol.St.L.it Kan.C— lst.68, 1916
104% Nov.
110
103
,
95I4OCI.
25 Sept.
111%
128%
&Ir. Mt.— l8t,78, 1892...
2d mort., 7s, 1897
C'au-o & Fulton— iBt, 73, 1391
Gen. Ky. & land gr., 58, 1931.
81. L. & San Fr.- 6s., Gl. A,1906 114%b.lll4=8b.
114%b.tll5»eb.
6s, Class B, 1906
114%b.|114%b.
68, Class C, 1906
Ill b.'lis a,
Gen'l mort., 68, 1931
102%b. 102%b.
Geu'lmort., 58, 1931
St. Paul M. & M.— Ist, 7e, 1900 114%b.!ll6
117 b.ill7%b.
2d, 6s, 1909
119 b. 119%
1st eons., 68, 1933
reduced to 4 %s.. 9778b. 97 b.
Do.
Montana Ext. Ist, 4s, 1937... 87 b. 87 b,
SUenandoab Val.— 1st, 78, 1909. 90 b. 90 b.
32%a. 31 b.
Gen'l mort., 68, 1921
100=8b. 100%
80. Carolina— l8t. 68, 1620
78 %b. 77%
2d, 68, 1931
15 b.
Inc., 68. 1931
80. PacCal.— l8t.68, 1905-12.. 112 b. 112 a.
..il07%b.
N. M.— l8t, 68, 1911 ..
80. Pac,
'94
94=8
Tex. & Pac— Ist, gold, 58.. 2000
Aug.
98
Ark.
2d, 6s,
AjU'.
102%
106
95
Feb.
Jan.
57% June 73% Jan.
50% Mar. eiH Aug.
88% Oct. 106% Jau.
108% Jan. 116 Jan.
38 June 50 Aug
84% Jan. 99 July
106 14b
75%
62%
St.L. AH.&T.H.— Ist, 78, 1894.
2d, M., pref., 78, 1894
2d.,M.,iuo.. 78, 1894
Jan.
44
74
7414b.
100
110
3914
1958
1958
1958
.
.\ug.
45
104
Aug.
102
Oct
Oct
May
107% May
Jau.
Jau.
Jan.
June
95
117%b 114 J.-iu. 117% Juue
100%b. 100=8b 100% Apr. 104% Mar.
Laud grant, 76,1887-9
119% ]119%b 1 1 3 % Apr. 12 1 % May
Sinkiugfund, 88.1893
Kan. Paoillc—l8t,68, 1895.... '110%b.'lll b. 109% Feb. 112% Jan.
Union Pacitlo-lst,
I
.
1
i
l8t,6B,1896
„
Denver Div.— 68, 1899
Ist consol, 68, 1919
Sh. Line -let, 68, '22..
Oregon
Virginia Mid.— Gen. m., 58, 1936
Wab. StL. APac- Gen.,68, '20
Chicago Divison- 5s, 1910
Wabash— Mortgage, 78, 1909
!ll2%
^j3
ill2 b. H09% Feb.
b.ill378b. 112% May
78, '90
112%
116%
101% Jan. 113%
100 Feb. 110%
110% 1110%
110
110
80%a. 82
43%a. 40
.
& Wab.— Ist.ext.
Tol.
H3%b.
b.
78
37
b.
93
84
113%b, 107
St L.Div.. 78,1889
113 b.
2d, exteuded, 7s, 1893
Con., couv., 7s, 1907
Great West.— Ist, 78, 1838.... 113%b. n3i4b
2d, 78, 1393
103% 104
West Shore- Guar., 43
Ist.
1
Wheel.
.
"a"
pref.
4s, 1958...
Rich & AU.— 1st, 7s, 1920. tr. rec
Ricbm. & Dan.—Cons., 68. 1915
Consol. gold 58, 1936
Rioh.A W.Pt.Ter.— Trust 68..'87
Roch. & Pitts.— 1st, 6s, 1921...
Consol., 6s, 1922
RomeW. & Ogd.— let, 78, 1891.
Consol., extend., 5s, 1922
St. Jo. &Gd.l8l.— Ist, 6s, 1935
2d,income, 58, 1925
.
Indicates prioe frtd.and
Income
iBt pref.
3d
.
& Read.— Gen.
Phil.
123 Oct.
let, consol., 5s,
_
115 Juue
Lon. & Nasli.— Consol. ,78, 1898 11714b. 117i4b.!ll6 Oct. 123 Feb.
N. O. & Mobile— 1st, 68, 1930. 113%U. 113%b.!l08% Jan. 116 Oct.
2d, 66,1930
99%b 99%
96% Jan 100 May
E. H. & N.— let, 68, 1919
114 b 11514b. 114 Feb. 116% July
General, 68, 1930
114 b. 114 b. 109% Jan. 115 May
Trust Bonds, 6s, 1922
109 b IO914 106% Mar. 110% May
10-40,68, 1924
100%b 10014b. 101 June 104 FelJ.
50-.vcar56, 1937
9838b. 97%b. 99% Mar. 10238 Apr.
Lou. N. A. <t Ch.— 1st, 68, 1910. 114% 113%b. 107i4Apr. 115 June
94I4
Consol., gold, 68, 1916
94%a. 87% Apr.
97 Aui,'.
Mem. & Cli'lston- 6B,gold, 1924 11( S^b. 105 b. 100 Jan. 106% Oct;
Metro. FJevated.— iBt, 6e, 1908 11438b. I14%b. 108% .Mar. 117 May
2d, 6b, 1899
105 b. 105 b.l03 Jau. 109 Oct.
Ulcb. Central— 1st, con., 78, '02 130 a. 130
126 May. 132% Oct.
Consol. OS, 1902
ll07%Mav. 112 Oct.
Mlse'rlPac— Ist, cons., 6s,1920 110%b. 110
1107
Mar. 113% Jan.
8d,78, 1906
115 b.ll20%a- 115 Jan. 120 Oct.
Pac of Mo.— 2d M.. 7s. 1891 106 b.'
I104 Jan. 108
Mav
7s,
L.-lst, 48, 1937..
.
105% Oct.
104
St.
Oregon Impr. Co.— Ist, 68, 1910
Ore. R.&Nav.Co.— 1st, 68, 1909
Consol., 58, 1925
Oregon & Transoon.— 6s, 1922
Peo. Dec & Evans.- 1st, 68, '20.
Evansv. Div let, 68, 1920.
2rt mort.,5a, 1927
Aug.
Aug.
Apr.
83
76
81
43
45
2d,inc.,68, 1921
Omaha &
May
84% Auu.
118% May 121%
77 %b. 75 Mar
79%
108%
Jan.
Juue 110
91
1
106
11914a.
Nov. |121% Apr.
Jau. ,111
Mar.
.
13178 Nov.
113 May
Mar.
Mar.
HigtitiU
Apr. ill5% Sept
Norfolk & West. - Gen., 68, 1931 118 a.'ll6%b. 112% Jan. |l20%Aug.
NortU.Pacitto— l8t,ooup.,6s, '21 116% 117
115% Jau. 119% June
109
109% 102 Jan. ;11338Sept
Gen'l, 2d, coup.. 1933
98 %b. 100
89 Juue 1101 Sept.
Gen'l 3d, coup. 68. 1937
lOU b. 105%b. 99% Jan. 106 Sept.
N. Pac Ter.Co.— Ist, 68, 1933.
117%b. 114% Jan. 119 June
Obio& Miss.- Couaol., 78, 1898.
116 Apr. 119i4 0ot
2d, consol., 7s, 1911
OliloSouthern- lst,6a, 1921. .. 10514b. 105%
99% Jan. 106% May
123% May
100% Jau.
Jan.
117
105%
104%
90
N.Y.Sus.&W.— l8tref.,5s, 1937. 94%b.j 947a
Midland of N. J.— Ist, 6s, 1910 113 b.H3 b. 109
.
01i.8t.L.cfe
Lowest.
lll%b. lll%b. 10779 Jau
Construction, 59, 1923
N. Y. &Nor.-lst, 58, 1927
107%b. 10239 Jan.
N. Y. Ont. & W.— 1st. 68. 1914.. 110% I112
109 Jau.
—
12214b.
9
Mil. Lk.Sh. & W.— 1st, 68, 1921. 119 a. 11778a.
Milw. & Nor.— .\I. L., 68. 1910.. 108%b.'l09
107 b. 107%
Extension, Ist. 68, 1913
Minn. &8t.L.— 1st, 78, 1927.... 95 b, 96%
61 b.
Mo. K.&Tex.— Con., 68, 1920... 60%
567^
53%
Consol., 5s, 1920
9114
90%
CoUBOl., 78, 1904-.5-6
Mobile & Ohio- New, 6a, 1927 .. 113 b 114
19 b, 48
General mort. 48, 1938
Mutual Un. Tele.— S. f., 68, 1911 94%b. 9414b.
1913 129 %b. 129%b.
Nash. Cb. &, at. L.— 1st, 78,
N.Y. Central— Extend., 5s, 1893il03 b. 103 %b.
N.Y.C.&H.— l8t, cp., 7s, 19031135%'>. 136%b.
jllOHib. Ill
Debenture, 58, 1904
13034b, 130%
N.Y.&Har.— Ist, 7s, 1900
91 7e
N.Y.CUo.&St.L.- l8t, 4s, 1937.. 91%
N.Y. Elevated— let. 78, 1906.... 116380. 117
N. Y. Lack. A W.— 1st, 68, 1921. 130%b. 131 b.
27% Jan.
34 May
104% Aug. 108% June
.
Note— Ttie letter " b"
Range
Xoc. ^\N(.v.
Highest.
Apr.
Jan.
19
80
81i4b.
8138
Can. Boutb.— Ist guar, , 5s, 1908 lOGHb. 10618
2d, 5s, 1913
z-Vion
Central of N. J.— let, 7b, 1890
Consol.78, 1899....
Convert. 7b, 1902
General mort., 58,1987....
Len, & W.B.,con.78, 1909,a8'nt
Am. Dock <te Imp., 58, 192 1.
Central Paoittc— gold 6s, 1898..
Ban Joaquin Br. 6b. 1900
9
2\Sov.
21iab.
Gaar., 4s, 1937
Long Island— let.
XLVIl.
Railroad Sondt.
Railroad Bondi,
Atl.
[Vol.
STOCK EXCHANGE, AND llANGE SINCE JAN.
N. Y.
tinct Jan.
Olo$ing.
HRONICLE.
viioa atlted; allotlier prices
&
Lake E.— 1st.
aad tlie r^n:;^ a
1926 102% !u.2%
from actual sales.
58.
a
'
Jan.
Apr.
Jau.
Feb.
85
47
98%
90
Not.
Oct
Oct
Nov.
Oct
Jan.
Feb,
Jan.
Apr. 113% Nov.
107% Apr. Ill July
95 Oct
85 Apr.
90 Jan.
83 Jan.
105% Apr. 113% Oct
9.S
Oct
85 Mar.
9978 Jau. 104=9 June
94% Jau. 102=8 Oct
STATE BONDS.
SECURITIEB.
Alabama Class A 3
I
Bid.
I
Ask.
BECUBITrES.
1906 104%105% Missouri— 68
due 1889 or 1890
1906 109 113
Asylum or University, due 1392
Class B, 5s
Funding
Ciaes C, 4b
1906 101
1894-1895
1900 103%' 105
New York— 68, loan
1892
68, 10-20
Arkansas— 66, funded. .1899-1900
12
7
6s, loan
1393
78, Little Rook & Fort Smith, Iss.
North Carolina— 68, old
J&J
7
78, Memphis & Little Rock, Iss..
Funding act
1900
78, Arkansas Central RK
10
5
New bonds, J. & J ... 1892-1898
Oeorgla— 76, gold
1890 103
Chatlmm RR
Iionl«ana— 78, eons
1914 108
Special tax, Class 1
Stamped, 48
91
89
ConsoUdatad Is
1910
Mlehlgan- 7b
1890 105
68
1919
to 5
.
Bid.
SECURITIES.
Ask.
Bid.
102%
Rhode Island— 68, oou.. 1893-1894 110
101
107
3
South Carolinar— 6s, non-fund. 1888
Brown consolidated 68
1893 105
1892-1898
61%
Tennessee— 6s, old
Compromise, 3-4-5-68
1912 71
1913 104
New settlement—68
98
1913
03
38
1913 70
48
Virginia— 68, old
lO.H
109
35
10
20
6
H
40
1
12
121
122
70
6s, conf'olidated bonds
6a, consolidated, 2d series
92
1
6a,d,»f«rred. trust rec
50
...
H%
3%
107
107
100
71
—
NOVEMBEH
THE CHRONICLE,
l«88^
10,
569
BONDS-STOCK EXCHANGE QUOTATIONS ON FRIDAY OP THE LESS ACTIVE RAILROAD BONDS.
SECURITIES.
Bid.
Aak.
BECnRITIES.
B«v
OolnthA
aet.
Railroad Bonds.
A Alp.-l«f. e.,..l»18
Iron
(Stock £xehaiige rrieu.)
Xenn. Va.
& Son. Fe—AH»... 1920
1887
A Qa.-Ut, 7a.. .1900
DiTlslonal 6a
Istext., gnU, 68
Uoblle A Blrin.-lst,
1930
1937
04
90
1911
1937
Cliii'.
IVACnl.-lBt IS.. 58. 1937 lOO 104
latinortg.,68
1920
But. ic Onio~let6«, ParkB..1919 120
Erie— let, extended, 7s
1807 117
R»,(fOl<l
192B 107»8
2d, extended, 58
1019 118
Cons. mort.. gold, .Ig
1988
8d, extended, 4>ss
1028 109>i 112
Bewii Oreek-lBt gold, 48
1936 85 |...
4tb, extended. 58
1020 114
linst. ri. Tiin. & W.—Deb. 58.. .1913
97
97^ 5th, extended, 48
1928 102 « ibi'
j;n'okI.vn Klcv.-lst, G., 68...1924 10618 107
let, cons., fd. coup., 7s...... 1920 1311* 134
M.3-->B
90
1915
Beorg., let Hen, 8a
108
1008
nniiisv iokA West.— l8t,g.,4s.l938
B. N. Y. A E.-]st, 7«
1016 136
100
Biift.liiuh.AlMtti.-acn. ,5s... 1937
N. Y. L. E. A W.-OoL tr., 6*1022
Barl. re, Uap. & No.— lBt,6s.l906
93
Funded coup., ,"58
98%
1069
Con.M)l. <V rol. tr, 6s
85
Buff. A 8. W.— Mort«. 6s. ...1908
1934
87
Mmii. *8[. L.— lBt78, gu ..1927
Jefferson RR.— lst,78
101 «
1889
Iowa C. & West. -let 78. ...1909
10136 Eureka Springe R'y. let, 68, (.1038
Ced. Rap. 1. F. & N., Ist 68.1920
Evan. A T. H.-lst, cons., Os.1021 116>t
let 58
1921
Mt. Vernon- 1st, 68
1928 109
Central fowa— 1st, 78. Tr. Becl899
81>s
Evans. A Indian.— 1st, cons. ..1026 107
Eiwt'n Dlv., lst,6s,Tr. Rec.l912
60
I'"rt A P. Mar(|.-Mortg., 6s.. .1020
120 120
Illinois DIv., l8t68,Tr, Rco.1912
Grand Rajp. A Ind.— Gen. .''>a..l924
96%
Con». gold bdp., 6s, Tr. Reo.l924
50
Green B. W. A St. P.— let, 6s. 1911
80
90
99I4 Han. A St. Joa.— Cong.,
Cent. RK. A Bant.- Uol. g..5s.l987|
68
1911 118 119%
Cent, of N. J.-Conv. dob. 6s. 1908
Housatonlc-Cons. gold 58. .1937 106 1061s
Central Paclllc-Gold bds., 681895 115
Houston A Tex. Cent Istm I. t.rec
1161s
Gold bonds, Cs
West Dlv. 7s, tr. reo
1896 11,'i
1161s
Gold bonds, 6s
115 1151s
2dm. 8sM. l.tr. roo
112 1121s
1897
Cal. A Or. gon— Ser.B., 68 1892
H0U8. E. A W. Tex— Ist, 78... 1808 * 60
West. Pad lie— Bonds. 6s.. ..1899 112
Illinois Central— let, g., 4a. ..1961 104
No. Eaihmy (Cal.)— Ist. 68.1907
let, gold, 3i«8
1961
921s 93 )«
Cues. A O.— «8, gold, ser. A. . 1908
Gold 48
100
1952
Coujmns off
Springf. Dlv.— Conp., 68.. ..1898 114% 1161s
190S 112i«
Ches. O. A So. We8t.-2d 08...19li
Middle Dlv.— Reg., 58
1921 1131s
CilcEgo A Alton— let. 78
i'22i«
C. St. L. A N. O.—Ten.l.,7s.l897 •110
1893 il2'8
Sinking fnnd, 6s
let, coneol., 7b
1903 123
1897 •116
lonis. A Mo. RlTei^l8t78..190O 122
125
2d, 68
1907 118
.2d 7s
121
Gold, 58, coupon
1961 1161s
1900
8t. U Jacks. A Chic— let, 78. 1894 1131s 1151s
Dab. A 8.
2d Dlv., 78 ...1894 ails
let, guar. (564). 78
Ced. Falls A Minn.— 1st, 78.1907
70
1894 1131s
Zdmortg. (360), 78
Ind. Bloom. A Western1898 115
2d, guar. (1S8), 7s
Ohio Ind. & W.— let, pf., 58.1938 105
1898 115
Mies. R. Bridge— Ist, s.f. 68.1912 106
83
84
1071s
let, 58
10!»8
Chic. Burl. A N<i.-Deb. 6s.... 1896
65
2d, 5s
1938
C Jlc. Burling. A Q.— 5s, 8. f. ..1901
ib'g" Ind. D. A Spr.— 1st, 78, ex.op.l906
Iowa Dl v.- Sink, fund, 58.. 1919
90
1947
Ind. Dec. A West.- M. 58
Sinking ftmd, 48
1948
2d M. inc. 58
1919 95
Plain, 4s
91
92% 93%
Kan. C. Wyan. A N.W.— l8t,58.1938
192]
Oblc. A E. m.— 1st, g. I., cur.'. 1907 il9' 120
Lake Shore A Mich. 80.—
Chic. Mil A St. Pau'—
1892 1101* 111
Cleve. P. A A.— 78
l8t, 8S.P.D
123 ifl
Buff. A Er.— New bonds, 7s. 1898 120% 123
1898
2d, 7 3-108, P. D
Kttl. A W. Pigeon— let, 7s.. .1890 1031s 106
1898 120
let, 7s, $g., R. D
1906
Dct. M. A T.— Ist, 78
1902 125
let, La Crosse Diriglon,78..1893 112
112% Lake Shore—Div. bonds, 78.1899 121>s 123
let, I. A D„ 78
118
Coneol., reg., Ist, 7e
1900 125%
1899
'127"
let, C. A M., 78
Consol., reg., 2d, 78
1903 I26I4 '127
1903 126
1st, 76, I. A I>. Ext
122
Mahon'g. CoalRK.— Isb, 5s. 1934 106 1<
1908
let, 8. W. Dlv., 68
94is
Long Island— General, 4s... 1938 U4
1909 112>4
lit, La C. A DaT., 58
N. Y. A R'way B.— Ist,g.,58.l927 103
1919 ICl
let, H. AD., 7s
1927 28I3
2dmortg., Inc
1910 120>s
let, H. AD., 58
N. Y. A M. Beach— let, 7s. .1897
1910 99 >«
CUcago A Pacific Dlv., 68..1910 119»8
N. Y. B. A M. B.-l8t,g.,.58.1935
1051s
Chic. A Mo. Eiv. Div., 58 ...1926 100
100 ij Loulsv. A Nash.-Ceo.Br.- 78.1907 105 107
Mineral Point Div., 5s
1920 102
Pensacola Div.— 68
1910 '100 101
C. A L. Suii. Div., 58
1921 114
St. Louis Div.— let, 6s
1021 100
Fargo A South., 68, Assu ...1924
12018
1980 58
2d, 3s
Inc. conv. sink. fund 58
Decatur— l8t, 78.. 1900 121 %
Nashv. A
1916
Dakota A yt. South., 5e
1910
8. A N. Ala.— S. t., 6s
1916
Chicago A ^0l tLwesiem—
971*
Pens. A At.-lst, 6s, gold.. 1921
Escanaba A L. 8.— 1st, 6a... 1901 111
1931
Collateral trust, 58
DeeM. AJUun.-lst, 78
ATex.— lst,48.... 1934 86
Um. N. O.
1907 123>s
Iowa Midland— Ist, 88
1934 40
2d mort., 58
1900 132
Peninsula— Ist, conv..78.... 1898 1271s 131
Manitoba 8. W. Col.— G. 5s... 1931
Chic. A Milwaukee— l8t, 78.1898 121
1909
Michigan Cent.—6*
...1931 lloia
Coupon, 5s
WJ?- & St. J'.-2d, 78
1907 129
Mil. A Mad.— let, 68
1891 '1031s
Jack. Lan. A Sag.— 68
1905
Ott. C. F. A St. P.— l8t, 58.. 1909
89
Mllw.L.8. AW.- Conv.deb.,5a.l907
Northern lU.— let, 5
1924 111-8 112i«
Michigan Di v.— let, 68
1910 106
Chic. Rock Isl. 4 Pac—
1 926 112
Ashland Div.-lst, 68
Des Moines A Ft. D.— l8t,48.1905 841s 86
Mlnn.AStL.— I'a Ex.— l8t,7s.l0O9 87
94
lst,2iss
1891
60
2dmort«., 7e
1905
Extension, 48
81^
83
Southwest Ext.— Ist, 78 ....1910
1905
Keok. A Des M.— Ist, 58 ....1923 104
...1921
75
95
Factflo Ext.— Ist, 6s
1922
55
Cilc. A St. Louis— 1st, 68
Impr. A equipment Gs
58
1915
Cliic. St. P. AKan. C.-58
Minn. A Pao.— 1st mortg. 5s.. 1936
1936
Minn. A N.\V.— Istg. fie... .1934
Minn. S.Ste.M.AAtl.— l8t,58..1926
sa'a
100
Cmc. St. Paul M. A O.—
Mo. K. A T.— Cons., 2d, inc.... 1911
1890
CUic. 8. P. A Minn.- l8t, 68.1918 123
124
U. A Cent. Mo.— 1st, 78
No. Wisconsin— Ist, 68
83
Missouri Pac.— Trust, g., 5s,. .1917
1930
9719 98
St. Paul A B.
125
Pao. of Mo.— Istoxt. 4s.. .1938
Ist, 6a ....1919! 123»B
Cole. A W. Iiid.— let, s.f., 68..1919i llOij
Mobile A Ohio— CoL tr., 6s ...1892 102
1927 104
General mortgage, fs
Ist Extension 6a
19321 116
Clcvtlaud A Canton- let, 5»..1917( 94
62
66
Ibtpref. debenture
95
CI. Col. Cln. A lud.— let, 7s. e.f.'99: 119
1931
72
L. A Cairo- 4«, »,-uar
St.
Consol. sink, fd., 78
Morgan's La. A T.-lBt, 6s.... 1920
1914
1918 '117
Cln. 1.81. L.A Chlo.— l8t,g.,48.1936
78
let,
2a, 6s. .1901 108%
Coufio). Gs
Nash. Chat. A St.
1920
Oln. Jack. AMac.—lst,g.,5e... 1936
1928 98>4 981a
Consul, gold, 5s
1920
Oaurd'Alenc. Ist, 6s, gold...l91ti
New Or. A Gulf -1st, 6s
CiiL A Green.— Ist, 68
E.— Pr. L, g., 6a ..1916
N. O. A No.
1916
1086
loi'i*
„2<1, es
N. J. June—Guar. Ist, 48
1920
Col. A (in. Midland— let, 68. .1914
N. Y. A New Eng.— IsU 78.. ..1905
"''.
ueU Lack. A We»t.-ConT. 78.1892
l8t,68
Mortgage, 78
lll«ii 111%
N. Y. N. U. A U.— Ist,
1907
Svra. Bing. A N. Y.-lst, 78.1906,
56 ii 69
N. Y. A Northeni.- 2d.
Sa 1037
E.* W.of Ala.— 1 st,oon».6a, >.,1P26
EU«.a *N.-8.f., deb., 6a. ..1931
mnkitllt^lIl(l, 6«
("ollritornl
Trust,
!>g
g.,
.'i.
9m
'
,
.
C—
I
'
C—
U—
1
Morris
A Essex— lst,7s
21.78
Bonds, 7b....
7e 011871
l8t, con., gntij-,,
DiL A Hud. Canall»t, eit.,
Ist,
78
Coupon,
7b
78,
Pa. Kiv., eour,,7s
Albany
1914'
18911
lOOo!
1901
1915
7s... 1801
1891
1894
1917
A Sueq.— Ist.gu
,7s.l9o6
lit, cons., guar., 63
15)06
Sar.— let, conn., 78. 1921
Bene.
Denv. A
'
A
R G.— Imp.
No
g.
5s... 1<;28
N. Y. P.
A O.— Prior
li.
i.
,
o»
.
^^..j
N.Y.Snsq.AWeet.- Deb. B8...18a7
•BUURITIES.
Bid.
106 >s 107 >t |Northem Pa«lflo-(Contina«d)—
07
Helina A No— lat, g'd, 5S.1037
"92 ij
LaM. A Mo. Rlv.-l»t, !i* .1037
12S>s Serf. A W.-New Rlv.-lat,6a.l932 110
108^
Imp. A Ext., «•
I934i
92
95
AdJoatment M., 7a
1034 i09*
Range— 1st, 8*.1987
Onl. 80. 8h. dt Atl.-8a
s.
Atob. Tnn.
c.
Bid.
Equlpinout. 6a
190^1
Clinch Val.D., 1st equip. 6a. 19.171
Ogd. A I>ake Ch.— lat.con. 0».UI20'
Ohio A Miss.—Cona., a. f., 7s. 1H98
Sp'gdeld Dlv.— lat,7s
1905
aenentl6s
1033
Ohio River RR.-lBt, 5s
1936
General mort., gold, Ba
1937
Oregon A Cal.— 1st, 5a
1937
Panama—Sink. fiL, aab., 6s. ..1910
Pennaylvania SR.Ps, Oo.'aguw. 4iaa. let ep. .1921
PItU. O.A8t.U— lat,op^7a.l900
Pitts. Ft.W. A C.-lst, 7s.. .1912
2d, 7a
1912
3d, 78
1912
Cler. A P. -Cons., s. fd., 7a. 1000
4th, sink, fd., 6a
1892
St. L. V. A T. H.— lat, g.,7a.l897
2d, 7a
1898
2d, guar., 7a
1898
.
Peoria
A Pek U'n— lat, 6a.. ..1921
2dM.,4is8
Pine Creek BaUvay—6a of
Pitts, dere. A Tol.— 1st. 6s.
Pitts. Junction— 1st, 68
. .
U7lt
103
100
101
80
108% 109
118
143
141
135
120
143
I06<is
114
109
lIOis
1921
1932
1922 HOI'S
1922 110
1932 115
HcK. A Y.— lat, 6a
AWeatein— lst,g.,48..1»17
Y. 4 Ash.— let 5s
1927
Rich. A Damr.—Debenture 68.1927
Pitts.
Pitta.
Pitts.
100
73-'g
74^
Debenture, ex coupon
94
A Char.—1st. pr., 7s.. ..1897 110
Incomes
1900 100
St. Jos. A.g rjnd IslandKan, aim Omaha- lat, 6s, 1927
80
AtL
St. L.
Alton
St. L.
91
A Ter. Haute—
BcUev. A 80. Hi.- l8t, 8s. ..1806 116
BeUev. ACar.— lat,68
1023 110
St. Louis A Chlo.— 1st, con. 68. 1927
at L.AI.M.— Ark.Br.,lst,78.1893 108
Cairo Ark. A T.— Ist, 7s. ...1897 107
dt. Louis A San Franoisoo—
Ist, 68, Pierce C. A
1010
Equipment, 7a
1896 105
1987
Ist, tru.st, gold, 5s
Kan. City A 8.— Ist, Os, g.l916
Ft. 8. A V. B. Bg.— l8t, 68.1010
117
io»"'
K.ASo.Wn.— lat, 6a.l916
Kansas .MId'd — 1st, g. 4s. 1937
Paul A DiUutU— Ist, 58. ...1931
St.P.Mlnn.A.M.— Dak.Eit.,68.1910
Mln'8 Un.— lat, 68
1922
Mont. Cen.— let, guar,, 6»..1937
San Ant.A Arans.-lst,6s,'85-1916
1926
lat, 6s, 1886
Scioto Val.— Ist, cons., 78
1910
Coupons oli
Sodus Bay A 80.— lat, Sg, g...l924
ist 68.. 1909-10
Sontb. Pac.,Arl7
Tex. Central— 1st, a. f., 7s ....1909
1911
let mortg. 7s
1905
Tex. AN. O.— 1st, 7a
1012
Sabine Division, Ist, 68
rex. A Pac.E.Dlv.— Ist, 6« ..1906
Tul. A. A A Cad.— Os
1917
1919
Tol. A. A. A Mt. PI.— 68
1917
Tol. Peoria A W.— 1st 48
Union Pao.— 1st, 68
1896
1897
let, 6s
1898
1st, 0«
1908
CoL Trust, 68
1907
CoL Trust, 6s
Br. U. P.— F. o.,7s
1896
C,
Atoh. OoL A Pao.— 1st, 6e.l905
W.— 1st, 6s. 1905
Atob. J. Co. A
1909
Ut.So.-Gen., 78
1009
Ezten., 1st, 7s
Utah A North'u.— G., as. ...1926
VaUey R'y Co. of O.—Con. 6S.1921
110
St.
120
110
110
86
80
107% 1081*
60
6U
136
102 103%
109
100 •
100
77
78
113%
116
116>t
1031s
103
106
105
98
103
107
e8>«
105
Virginia Mldland.-Iac., 6s. ..1927
Wabash St.
L.
A Pao.—
8814
Chicago Div,, 5a, Trust reo
1921 110
Detroit Dlv.— 6a, tr. reo
8aia
Wabash, M., 7s, Trust reo
00
Toledo A Wab.— let ext, Tr. reo.
90
8t. I»ul8 Dlv., 78, Trust reo...
2dM. cxt., 78, Trust reo
88
1883
Equip, bonds
IS
Consol. conv., 7s, Trust rec....
851a
80>«
Gt. West.- 1st. 7s, Trust reo ....
U8i«
2d, 78, Trust rec
85
Suln. A ToL— 1st, 7s, Trust rec
85
an. A Naples— iBt, 7s, Tr. no
87
lU. 4 So.I'a— l8t,ei.6«,Tr.reo.
8t.L.K.C.AN.-K.E.AKB.78,'93 1101*
1919
Clariud* Br.-6s
St.Charle8 Br'ge— lst,6s.l908 103
1896 115
No. Missouri— Ist, 7s
9414
Wc8t.N. Y. A Pa.-l8t, 5s ....1937
1927 37%
2dm. gold 3-58
Warren A Frank— Ist 78. ..1896
West. Va. C. A Pitta.-lst, 6s. . 1011
8S''*
....«
89
04
03
00%
•«•«
•
•••«
105
94
38
•
•••~*
nlscollaneoas Bond*.
Am. Water Works Co., let. 6». 1907 103
Cahaba Coal Mln.— let g. 7a.. 1907 113
OoL 4 Uook. Coal A I.—Oa, g.. 1017 88
—
1937
5a
.. .. 1037
Georgia Co., N.
AMex.-lst, 48. ...1912
100
Pac.-Divhleudeorip
1021s Iron Steamboat Co.— 6« .... 1001
Mauhat. Beach Imp. Co. -78. 1909
James River Val.-lBl, 68. .1936 104
Market St. Cable Kj., lat, 8a. 1013
1936 IOII4 oi>a|
Spokane A Pal.— let. Us
190t
N. W. Tclcgraphr-7s...
St. Paul A N. P.— Gen., 6a.. 1023
Tenn. Coal Iron 4 RaUway—
HelenaA RedM'n- l8t,g.,68.1937
1017
86% 87
Teun. Dlv., Ist, 6«
DuL A Manitoba— 1st, g. 0a.l936 ioi'ii 102
.1917: go>*| 91%
Blr. Dlv.— 1st con. 6s
102
Do Dakota Dlv.— 1st, 6B.1037
West. Union TeL—Coup. 7s .19001 113%' 115
Hel.B.Val. A Butte-lat. 6a.l937
lOaS
96%
Col. Trust, 5»
DruniMion.l .t l"lig.— 1st. 8g 1937
2d, 4ISB
N. Y'.Tex.
C—
Nonhem
price Friday: ihe-w are lateic quota iioua
I
mtde
this
week.
—
New York
City
Bauk Statement for the weekending Nov.
We omit two ciphers (00) mj all cases.
as follows.
is
&
Bank of New
HanhattaQ Co
A
.....
101^4 101 'si
M't
J.
&
102
103
114
Peoples'
North America
Hanover
Fulton
Continental
B.VNKS.
*.ing.— Ist, 7s
Cm. Wash.A Bait.— I»t8.l
120'->
Char. Col.
40
Y. Natl Kxchange
New \ ork County
Butch»'& Dr.
West. Md..
<3erttian-,\merican...
Central
131
Chase Natloual
Fifth Avenue
ISO
um
280
135
230
230
3300 3800
340
City
147
150
Citizens'
180
Coiunierce... 175
1'.1S
130
Continental
Corn Kxch... 215
Ea-t Riror.. 140
nth Ward.. 150
Oerman Exchange..
Tlnited States
IjIucoIu
<Sarfleld
.
.N'atlonal
Metrop.
"West bide
ISeaboard
Sixth National
Western National
Total
Fifth Ave-... 1100
2000
First
14Ui Street. 145
139
142
Fourth
245
Gallatin
.
German Am.
200
Hanover
21.1
Hud. Kivor..;:-iO
Im.* Trad'8'|3B6
Irving
Irfatlier
152
Mfs' '200
.Markot&Ful:180
Mechanics'.. 173
M'clis'&Trs'.ll55
Mercantile.. .1152
Meri-hants'.. 143
IHO
Merch'ta Ex. 115
Metroplif an
ll".
r2()
Consolidated Gas
Jersey City & Hoboken.
3
Boston Banka**
Metropolitan— Bonds
Oct. 20
"
27 .........
Nov. 3 .."!"!"!"""
Mutual (N.Y'.)
Bunks.'
71.131.5
i>.n77.3
69,83l>,5
I
We omit two ciphers in aU these fl'jures.
<lelphia, the Item " due to other b inks.''
t Includlnjc, tor Boston and Phila-
SECURITIES.
& T'p'a. -(Cont'd)—
Ask
Bid.
BOSTON.
Atohiiion A Toi eka ......
>ij8ton A Albany
., 199U 200
liostou <b Lowell
159 160
.:^oston & Maine
180 185
I'lain, fis
Boston <4. Provident e
Boston Eev. B. A Lynn..
Oaltf onua southern
Central of Maasachusetta
248
<t
15->
I
80
127>a
7o'4
34
Pltchbnrg, pref
Flint (& Pore Marquette.
Preferred
C. It. Scott
C Meinph.
tfc
30
112
83
Ill
Pass
.;
tt
Ports
4
Atoh.
A
40
BONDS.
t I'o.
ahdle.
114
2<\
i.asi
1
tKe
04%
04 V,
2i'<,.
123
113
12.11.J
113%
106
molt.. 6h
lOOSi
6a
97 13
97
87 >a
90
98
I
Income 53
871a
89
92 Hi
88
40
WlHcou. C,^nt.— let M., &8
4U<4
I
121
East PennSTlvauia
Eimira & wllUamaport..
56
tUu)
week.
40
58 "s
B
F.— Stk. 25
111
1900
L.
.
.
......
120
Nicholas
State of N.Y.
Tradesmen's. 102
United St'es. '210
Western
235
,
183
i
92'.2
155
125
117
104
94
Stoefcs
Bid.
74
Ask
75
12(1
111
88
110
1351.
109
r.!()
7ihAv.-St'k..
GB&NT, Broker, 145 Braadway.l
,108
1). D. E.B. A B.— Scrip 6s.. 105
2«i..
Eighth Av.-Stock
Scrip, 6s, 1914
& Gr'ud St. F'ry-Stk.
Ist mort., 7s, 1S93
42dSt Manh. A St.N.Ave.
1st mort., 6s, 1910
2d mort.. income, 6s
Houst.W.St.&P.F'y-Stk.
1st mort., 78, 1804
Ninth Ave
Second Ave.— Stock
Istmort., 53, 1910
Sixth Ave.— Stock
Istmort., 7a, 1890
.Third Ave.-Stock.
Bonda, 78, 1890
Twenty-third St.— Stock..
Istmort., 7a, 1893
113
170
1
42d
mort., 58, 1904
1031a 104 >a
1031-! 104
2d mort., ."^.s, 1914
B'way Suifaco b'ds...l921 95 100
Boiiiisgiiar.,6a, 1905
90
132
Biooklvn City— Stock
105
l9tm"mt., 5s, 1902
Bklvu. Ciosatown- Stock. 150
100
Istluort, 7.S, 1888
Buahw'k Av.(Bklyu)— St'k 140
14(1
116
lat mort., Os, 1922
Cent. Pk.N.A E.Rlv.-Stk. 85
Consols 7s 1902
Chriat'ph'r&lOthSt.- Stk.
Bonds, 7s, 1898
Drv Dk.E.B.A Bat'v-Stk.
1st mort., 7s, 1S93
St.
..•
ioi
l.st
116
T'O
111
132
109
1
95
1
135
107
165
1
^,
150
150
I
1
'JO
36 la
118
r25
113
1
1
134
148
105
155
208
110
216
107%
nil.
•24
28
110
60
165
110
60
111
68
118
105'a'106>a
103
153
105
214
101
205
110
104%
167
106
220
103
203
na
111
—
Unlisted Securities. Quotations from both Exchanges:
SECURITIES.
Bid. Ask.
Bid. Aak.
SECURITIES.
Am. Bank Note Co
Atch.
All.
A
<fe
27
Mex.
30
»0
120
1st, 7s,
l'J07
37
Nat. 1st mor,
New
Pike's P'k. Ist 6s 104
Char. Air Line
Brooklyn Elev'd—stock..
90
123
40
12
tr.
rec
44
66
20
Mt. Dos.SEast Sh. Ld.Co.
.
I
*
&
A
—
Inooincos
Jarvis-ConklIn,M.,D6b.68
iCft'iawha
1st prol
A onto
Louis
Pref
St.
I
Paul
<&
Chicago
E.,* Gr.Tr., 1st Us
8'i
IScioto Valley, let, 78
2d, 7s
...
I
70
7>s
It.
W liken Coal...
A.&C— C.& I.Dlv.,63
t.ehigo
.\fex.
27
03
ISt.
pref
Ist6s
K»ily Motor
Kiuiiat'u A Pemb., Ist
L.N.
25
98
2
,
tic
Nat.Conairuct'n Co.
103
29
102
Toledo Peoria
46
100
1st. 63
2d series A, ija
2d heries B, 6s
A
West...
Vicksb.A MeridiaL— lat.
2d mort
Incomes..
Stock, pref
Virginia Mi,l..ycu.3-» guar
"W««t V oiir ">", 6'
.,
67
22
200 212
N.J. southern
1
Tia
13
California Pacific
9"a Nowp. N. A Miss. V.-U...
N.'V ¥.•. S. A Buff
110
107
2
1st rao"t., 4'5S.
N. Y.
Green'd Lake, 1st 37
105 109
2d mort., guar
9 "a
2d mort
9
8
Chic. A Atl.— Ben., tr. reo.
411, 42
N.Y'. Loan
Iiupr
chie. Gas Trust
50
N.Y Mutual T«i
40
Co-tlni-ntal Ojn. A Imp., 35
94
North Kiv.cons. c.t.ecrip.
7
At.— sik.
uul. S. shore
Ocean Steam. Co., let guar. 10-i
23
Pref
Penaaoola <lb Atlantic
20
6
Fla.R'yA Nav.Co.,consol.
Phil. A Read., all as. pd. 08
14
Stock
13
Georgia Pac
10914 110 /Postal TelegrHph-Cablo. 38
1st 6b
Rich. A Al.,2d, Diexclrec S5
50
2ds
78' |St. L. Ft. a. jt Wicn.,c6rt.
Conaol. 5s
76
Brunswick Co
8.1
t
Oap
Cuiuden * At'antlc.pref.
Boll's
"kh'
«
96
.-
PHIL,AIIEI.PII1A.
40'..i
Topeka— 1st. 7a. 120 1»
Coil TT-fTBt K^
lllij
201-j
78..
RAILROAD STOCKS,
»%
18
Preferred
112
65 >a
83
I
..
& L.C.— Cons.,
Rutland— 5a
southern Kansas 6b
Texas i:)lviaiou— 5b
Incomes
Ogdfns.
1'25
I
Ill", 112
'
1923,68
Mexican Central— is
132
WlBcousin CeL Iral
'
A
income
N. Eng.-lat,
Manchobter <fe Lawrence
Mexican central
13\, I'a^,
N.Y. A N. Eng., pref
113
116
Northern
148
Notwich <fc WorceRter
179
Ogdeusb. & Lake Cuam..
fudfolonv
{'ma; 175
Portland Waco
I
1
Istniort., Ca
Summit Brauch
116
109
K.C. Meiupli. & Birm— 58
931.2 U314
Kan. Cit. St. Jo.dSc. B.— 7a 1'20
K. City Sp'd A Mem.— Bb Ill
K.C. Clint.
Sprlngf.— 6a
99
Little K. A Pt. 8.— 7s
106
Louisv.Ev.&St.L.— 1st, 6s 105 ]05-\4
64--I4
2d mort., 2-68
Mar. H. A Out.— 1908, 68, 100
N Y.&
Kvana.
Prefeired
Kaine Central
I
'
100
A Mem
liirm. ..
& St L,
'
Income, e.**
65
Vermont— 5s..' 84
Eastern Mass.— 6 1. new.. 124
103
«. C. *t. Scott* Meu..68 111
47
K. C. Port Soot^t A o.— 7b: U6
34^1 Kans. City Law.* So.— 6s'
8',
291-!
104 Hi.
Couflol. ot
31
Kaistern
Preferred
A.
26
24',
Preferred
CUealiire. pref
Uhic. Burl. <(£ North'n
Chicago <6 West. Mich...
Cleveland A. Canton
Preferred
85 Si
102
.
Mortgage. 6a
Trust, 68
Burl. & Mo. R. in Neb.
Exempt, 68
Nou exempt, 6b
Latid grant, 7b
California South.— 1st, 6s.
*
ay
102
Ful.
Central Crosstowu— St'k..
Atch.
BA.ILKOAD t-TOCKS.t
&
1st mort., 7a..
Br'il--
_
SECURITIES.
KR. Qaotatlons by
[City
Bl'ckerSt.
Qnoiatidus iu Bosioii. Philadelphia and Baltini* re:
Following are quotations of active stocks and bonds. A fu'l
list is given in the Chronicle the tliird Saturday of each month.
Ix>uisvil]o
auh
320
ShoeiLeath
12
.
140
152
142
132 >t
1'25
Williaiusburg
Bonda, 6s
106
Metropolitan (Brooklyn).. 86
.Municipal— Bonda, 7s
105
1341a
106
Bonds, 6s
-.- 115
Eqnltablo
112
Bonds, 6s
170
114
Ask
|146
!l20
People's (Brooklyn)
»lPl4 lOo'ia
Scrip
3
Concord
Conuecticut
Ask.
B:d.
!
and Bond*.
GAS COMP.YNtES.
108
00
103
81
100
110
99
Nassau (Brooklyn)
*
Kan
Bid.
1
1190
Pbenix
Republic
Seaboard
Second
Seventh
105
185
Manliattan...!ltil
107
53
100
Brooklyn Gas Lisht
Citizeua' Gas-Light
Bonda. 5s
UO
People's
Metropolis... 230
il.')3
Na.ssau
New Y- ork. ..1228
COMANIES.
G.\S
Banks.*
Oct.
Nov.
ni7
County. 200
N.Y'.NatBx. 122
Ninth
137'-..
N. America
North River. 135
Oriental
200
Pacific
106
Park
181
114
Gennanla
Qas and City Railroad
Fhilnilel.
Oct. 20
" 27
guar., 6s.-
N.Y'.
Greenwich... 125
Chatham
Oermauia
300
Gartield
Chase
2i»v.
3il
A Aug.,68,1910.
Wil. Col.
113
981*
70
34
13
Seab'd&Rou'ke— 5<, 1926
Local Secnrlties.
Bank Stock lilat.
BANKS. Bid. Ask. BANKS.
IVft
N. \\
97 »j
2d8, 68
3d8, 3s
let Inc., Ss, 1931
I
131
123
115
Aak.
Bid.
176
At::. Excb... 140
Broadway... 270
America
Boweiy
of the
133
107
New York
Central Natloual
tiecond National
ninth National
Flr.Mt National
Third Natloual
Bank
A
5100
Income, 63
* Oh!o-5a, 1925 -.1 107
Cape Fear& Yad. -l»l,6al 101
Cent. Ohio-Os, 1890
4'Qa, Trust Loan
Perkioinen- 1 st, 68,cp.'87 101
t Per share, i Last price this week.
& Trailers'
Park
Berth River
Kast River
Fourth National
51
"lO
.vug'sta 110
Ball.
1341.J
6s
Penn.-.Gen.,6s,coup.l91U
Cons., 6s, coup, ..1905..
Cons., 5s, conl)...1919.
Shoe & Leather
Corn iCxchauge
110
RAILROAD BONLiM.
Atlau'a* Char.- Ist. 78- ?122%i 125
i40"
IliC'0:i.e,
Fifth
Wilm'gtoH Col.
North Peiiu.— lat M., 7s.
N.Y. I'hil. ANorf — lst,6s
6t. Nicholas
49 "a
Preferred
"Western Maryland
ioiij
C* R., 1923..
Cons. 68.
85
ioi'
107
2d, 78, r6g.,1910
Irving
75ie
63=8
1st pref
adpref
Central Ohio
Leh.V.— lst,8s,C.<ftR.,'«8 122
Citizens'
63%
RAILROAD STOCKS.)
& Ohio
122-*
L.—4i
75
A
&
Baltimore
63.
Hunl'ii <fe li. T.— 1st, 7s.
2d mortg., 7s
Consol. M., 58
Chatham
"S9% 89%
.
BAT.TIIVIORK.
1900
78,
Will'in.— 1st, 6a
Harri.i. r.
Kepnbllo
3N.
A
Eltnira
Pacific
Importers'
22
liinj'....
Jeff.— 1st, 6s
Mid.— 1st,
20
101 i-i
103
United N. J.— Geu. 4s
104
Warren A Frank.— 1st, 7s 112 118
West Jersey- Ist M.,78.. 122
W. Jersey A AtL— Isl, 6s 105
121
113
91
Couuoctiug— 6s
llSla
Delaware -Mort., 6s
117
Del.,KBd.B.— Ist, 7e.lB0S 132
Eiisttin&Amboy.mort. 5s, 114
A
ClOirlipld
Col.
Cin.
881a
99% 100
pref. inc. 5a, 1958...
Phil. W.
Balt.-Tr. o..la
Inil.lstra. 58
Steuben.
115»j
A
....
OrlenfciL
3d
881
Deferred incomes, cp...
1st pref. inc. os. 1958-.
2d prof. inc. 53. 1958
50
3-1 Os. '06
Inc. 78, end., coup., '94.
Holla Oap— lat M., 6s..
Cam.
Amb.— 31., 68, '89
Camdeutfe Atl.— lat M.7i
York...
136
122
.
Allegh.Val.—7
Amerio^u Exchange..
<!fc
lo
i'lo'i^
Cons., 7s, coup., 1911 ..
Con8.,68,g.,I.B.C.1911
Imp., 6s, g., coup., 1 897
New gen., 4a, g., 195S..
Cons. Ss, Istser., 1922.
66'4
& Atlantic.
KAILUUaU BONDb.
Ask.
1121a
53...
"ii
Wc.-t Jcr.sev
Catawlasa- M.
& Eri^—con.
A R.— 1st M., 63...
A r. 1893
2d, 7s, 0.
63 ij
A Lewlstou
United Co's of N. J
W.*8t Jersey
lieather Mannfaet'rs.
Vaasan
Market
PhiL
H,
70
SHUbury
Greenwich
Pblla.
Tl'-2
53
sytvania.
A Erie
P,iai
Phil.
eeventh National
Mercautile..
53 'f
&
^erchauta*
^echauios'
......
.America
J'henli
City
Tradoamen's
Chemical
Merchanta' Exch'nge
GalUtia Natloual
Batchers' & Drovers
Mechanics' «& Traders
Commerce
Broadway
40
54
70
45'j
Nosquehoniug Valley
Norih jrn Central
North Pennsylvania
Bid.
Penn. AN. Y. Can.—7 a,' 96 1181^ 120
19>.j
Little inhuvlkin
Mlnehill
S. Haven
York...
New
SECURITIES.
Broad Top
Lehigh Valley
Loans.
Surplus.
Capital.
.
[VrL. XLVII.
SECURITIES.
Hun' iiiitton
Prefered
Banes.
(OOs nmilted.)
State of
—
.
THE OHRONK^LE.
560
8, 1883,
.
I
l"*
14%
41
10
8
104
7
69
41
2718
10
12
40
100
100
75
21
94
48
4
>
86%
J
.
NOYKUBIiR
.
:
1
1
.
1
.
.
.
.
...
.
.
1
%matstmtni
l^—t Mar H* H0i Hrtr imi
Bo AD*.
ftetkor MpI
18M.
.'M
K. C.Wj-.A.V.
".pfiiil„.r
.'IcI
<v.
i,
'
U
OotolMsr.
.
Rook A Mem 3d wk Oct
Lone Island
Ootolier .
Companies. It is publUhed on the last Saturday of every
La, A Uo. RIV... July
ether month-^iz., January. March, May, July, Septem- U>nls,ET. AStL. llh wk Oct
ber and November, and is furnished without extra charge LoulMV.ANaahT. 4th wk Oct
Lon.N.A. AClilr.|4th wk Oct
to all regular subscribers of the Chboniclb.
Extra copies I-oulnv.N.O. AT.|4th wk Oi t
Lykens Valloy. Sept'inber
are sold to subscribers of the Chboniclk at 60 cents each, Mar.Col.A Nor'n fictolier
Memphla AClias. 3d wk Oil
and to others at $1 per copy.
.'Mexican Cent
4Ih»kOcr
Oiind'Jara Br.. 4lli wk Oct
San Luis Dlv. Itli wk fici
The General Qtiotations of Stocks and Bonds, occupying :Mnx. N. (aillns) s.pfmber
l.'UcxIcanRallwv
Oct. 20
Hx pages of the Chrokicle, are now published on the Mll.L.8h.AWe»t Wk wk Nov
s<t
Milwaukee A No. 4th wk Oct
third Saturday of each month.
.
1
Mlnneap. A
Kan A
St, L.
ici<jl>er
.
wk Oct
IntAOt.N'rth 2wk»Oct.
-Mo
RAILROAD EARNINGS.
.Mohtlc
A
Tex. Ith
Ohio
October
.
Reported.
Jan.
BOAOB.
1888.
1887.
Nash. Ch.AStL.
1 to
LaUtl Date.
1888.
AUeKbeny
1887.
9
$
Val. Sept'iiilier.
168.021 180.959 1.515,085 1,483.551
Atch. T. A 8. Fe. Sein'iiilier. 1,111.850 1,500,261 11,23M,!I92 13.634.173
Atlanta t.^ Cbar Aujrust
103.930 105,0081
819,416
; 89,962
Atlaiita&W. P^. Sept'iiilwr.
31,802
39,395
280,341
274.102
AUaiit}c<$; Puc.. iili w-kOct
78.5C6
59.301 2,341,103 2,103,603
B.&O.Kast.Unefl Sept'mber. 1,3<>1,180 1,617.085
Total
Bait.
410,394
437,600
1,S01,574 2.034.685
^'epi'iiilier.
* Potomae
Ht i)i'nil)cr.
'
. .
,
3
.Aiivrust ..
I
|
1
wk
wk Oof.
OeT.Akrou ACol 3.1
Olev. A Canton Scpt'niber
Clev.Col.C.A
Inii
Sept'niber
A
Ool.Hock.V.AT. 4thwkOi>t
Deuv. A Klo Or 4th wk Oct
Denv. A R. (1. W. 3d wk Oct.
Den.S.P'k Al'ac. Aufenist...
Pet.BayC.AAlp. 9'pfnibcr.
Det.I.nns't'.tNo. 1th wk Oct
DulutliS..s.AAtl. Sept'inler
E.T.'im.Va.AGa. 3(1 wk Oct.
Evans, A Inil'plis 1th wk Oct
8,841
70,177
230,000
31,200
105.137
33,34
30,097
183.3S8
23,748
531,365
69,961
58.717
29,359
59,372
52,583
70,271
Angiiet
A P. Marq. 4lirwk Oct
Fla.R.ANav.Co. August
Ft.\S'.A Den.City 3d wk Oct.
nviinie syst'iii. 3d wk Oct.
Goorviia Paeitlc. 4thwk8cpl
Or. ItHi.. A l;id... 4th wk Oct
Other iiuca
4th wk Oct
Grand Tniuk... Wk. Oct.27
GiillCol.A8.Fe Aii^wt
Flint
Hous.ATex.Cen.iS.l wk Oct.
Humest'nAShetijSept'inbcr
ni.Cen.ail A.So) ."epl'tnber
Cellar f .A Min. Sei.t'mber.
Dul..ASliiuxC. Sept'niber
783,563
9,180
27,737
125.839]
8.18^
AT. H. IthwkO.t
1-Mi :i''urir
!
34,559;
Clev. A .Murii'lti. 4th wk Oc
Color. Midland., id wk Oct.
Col.
Cin. Mid 4tU wk Oct
Ev:i;,.v.
11,266|
59,170
16,42
«.755i
420,219
277,0J2l
77.1 2
1,733,657
74,8J1
1.812.594
539,823
453.8-.'5
2,8,-i,914
270,827
5,582,204
228,875
1,042,349
5,76i<,272
l6',027
301,289
75,127
270,800
30,200
131,856
43,509
2,498,171
6,371,891
1,040,947
7'25,533
3.56,^34
268,755
2,278,718
6,518.857
906,098
852,030
366,372
855,869
952,T6-'
13,.598
6 7,451
11,714
36,192
809,8^3
a,850
33,.577
191,'S08
251,611
1,074,981
1,080.510
4,4'26.739! 4,144,406
6.816;
203,8851
195,957
23.974
713,565
720,101
i
64,153!
19,35
1,004,161
2,147.2<'0
674,718
813,718
667.775
541.001
8'58.673
34,716
913,526
74,528 1,8-5,737 1,992,297
4.463
107,121
136,591
419,?09 15,052,942 1 6, 11 4.064
234,028 1.755,838! l,523,'2(i.i
103,'396| 2,0481413 2,113,151
16,C0'^,
111.92'.;
106.708
106,455
14.S00
910,671 1,099.738: 18,389,036 8,'. 62,3 10
10,621
9.781
85,-73
71.66:
88.975
77.59
596.653
591,591
la. Falls A 8. C. Sept'niber.
69.061
0'1,507
1574.233
487,8«0
Iowa lines.... •'ept'iiiber
168.656 153,87!' 1,242..533| 1,165.346
Total all
Scpt'niber 1.079.327 1,2.53,617 9,631,589 9,427,036
Ind.IJec.AWcht. Sepl'inber.
39.763
31v,626
38,674
269.05
'
NM.3n4
S64.a<fl
I6fl,410
33.857
7.800
7.555
43.133
62,057
17,930
B70,8M
832.740
7,»*0
3».9ie
6e,S09l
I.\44S
387,006
39.707
23,371
443,260
l«-i,7'.I
24.781
.
6«,520|
17,443|
4,01s
137.122
117,0301
5<,996:
8-1
3<l%.073
263,066 2,ii.53.927
21... .»_'•,
8,2ia
28.936
778,5941
834.309
498.621 13.243,661 !S.W>0.71«
63,318 1,880,975'
1,
85,328 1, 819,13
00,587
749,587
6,830
71..33'ii
'.,'.,813
4.'',184
1,212,884 1,313.044
148,011 4,635,277 3,878,435
83,880
75,30*
7,S37
33,258
173,769
35.631
150,000
31-
133,253
87,382
58.611
30.198
146.017
231,42
1 86,169
202.480
270. Uh
•
13.721
1 .637,749
1.377,898
3,011,128 2,924, 8 wt
2,428,28M 2,830. H, 17
801,140
706.5!f7
1,120,635 1,217.290
5,185.458 6,1.3'2.141
2,302,992 2,397.698
1,980,604 3.025,79«
2,2I>3.9«3 3,35S,78«
II 3, .3.35
130,060
I
.
\
.
P'rtRoyalAAuc. August....
Pt.R'alAW.Car. Allsili>t ...I
'
7.1701
.563.3'-
Va. Mid. Dlv.. October.
366,000
115,750
69,800
62,350
C C. A A. Uiv.lOetober.
A
Or. Dlv, October
West, N. C. Dlv October
W. O. A W.Dlv. October
: 5,1195
1.3.3H31
64,719
RAW.P.Ter.Co-l
Rich. A Oanv. October
Col.
22.1621
24.9S7J
l<l.944i
Prescott. A Ariz. October
Rich. A A licgh'y. August..
.
12,21)0
Ash.ASp. DIv.'October.
10.900'
Total all ....jOctobi-r..., 1,000,3001
Rich. A Pelera'g August
20,459
Home W. A Og 'August. - .
3o3,36'J
St, L. Alt. A T.H. tth wk Oct'
2<»,5O0'
I
I
.
1
8t.L.Ark.ATex 1th
St.L.A.Saiil'run.'4ili
8t.PaulADiiliiU>
St.P.MIn. A.Miiu.
8.Ant.AAi.Pus.i.
Scioto Valley
Beab'rd A Uoau.
Seattle L.S.A li.
wk
wk
o, i|
Oct'
Ocolier.
October
I
I
Ociiii.er.
S.
i
pi'mber
Siptmi
1
c
Sept'mber.
I
ShenaudoahVal. Oct..l)e.r...
South C.iroUna.. Sept'uiber.
80. Paeitlc
Co.—
Ual.llar.&8.A. Sepi'mbor.
Louls'u West. Sepi'mber
Morgan's L4T. -Sep.'inber.
N. Y. T. A Mex. Sept'mbfr
I
Tex. AN. Orl.. Sept'iulier.
Atlan'c systemlSept'nibei
1
|
OTBtenls.Rap.TilOctobcr.
Summit Branch
.
Tol.St.L.
AK.C
63.801
62.304
57.937
12.851
75,000
100,888
320.493
83,298
388.908
18.442
ll.-ilO
10.15H
3..'^55.1l»
1. 382.328
690.9O6
428.016
579,706
100,165
61.173
-
J
17.:
317.774
74. lilt
2,15.
34.74!)
li>
.
11 '2.083
4,70
.
2,3-::
2'22,5»7
1
;.lt>7
1 .-.iS;.
81
!..
-
5OO. 37
462,075j
77,76:
65,638
.197
.947
07a,61'»
.
423A31
V 03,562'
7'43",8"21
(69.180
96.643
142,257
836,4St«
293.097
72,' 36
375,838
17,402
109,903
871.266
i;.-..-.oa
H3.9-1
6,S(i.'l
4'.;.-30
62,307
803.039
753,17!i
1 '23,634
l.O-i^SJSS
14,97t.
23O.'20.
8,469
212.8U7
271,313 3,0}3.2h7
16.648
349.301
3 5,4 -24,
992.187
30,637
741,340,
43.662
913.818
180,272
4.736,796
437.314
24.6;5
46.552
27.818
'Sipfniber
fO.O".-.
Valley of Ohlo..i()ctoIicr...
3
02.959
J79.943
—
'
Wil. Col.
.\uif.' August ..
llWIsci.nsin Cell. 4th wk Oct'
l.'i:'.j
JiV7"-i'.8V3
70.,,
07,600
33,391
140.830
L
i 6.3.7:0
797.0il»
20>>
7i>4,26T
W«b. Western.
13.-...
67,5 r.i
26,401
46.58M
148.711.
'And
t
!'3.:;92
7.24
19.131
Union I'licillcs.p 'mbcr 2,667.905 2 ,743.9-li
A
3.760,618
1,320.736
741.827
490.035
520.:j40
101. .-93
941.300
10.230
Oci
Oct
Oc:
..|4th wk Oct
Wab.. E. of JIUsAiigiiKt
WestN. Y. A Pa. 4th wk Oct
Western of Ala S. pl'iubcr.
iWestJeraey
Sepl'inber.
W.V.C.n.APltts S.pt'niber
Wliccliiiic A L. K. 4th wk Oct
402,344
60.50C.
SutroTunnel.... .'<epfinber.
Texas A PaelHc '4th wk Oci
wk
ToLAOhloCeut.ilth wk
Tol. P. A West
i4tii wk
627.800
151.000
109.228
165,628
402,222,
65,63.
162.962' 206,484
972.600 1,061,SOO'
C .47,
100.141
72,836|
2C'i:,i-s
20.3.4181
101..-80!
132,015
..
[Scjifuiber
Tol.A.A.AN..M'l.i4th
l.y.Ol'O!
223.<:iti
218. 8;i
123,.390
1.036,279
917,922
936.7.33
8.089,' 40: 6.901.421
3,24.5,784 2,877,.380 22.793.3 JU, 17.960.421
4,151,623 3,710, •79 20,947.6:!4 .M.080,,377
pacldc .system August ..
Total of all
August. ..
Boar. Un. ACol i.V.igust
. .
127.613
486,023
69,633
7.8U|
74.f)00
7-.8.^8
^ 36.404
608.733
3,175,706 3.534,900 29.288,401 29,810,600
N.Y. L. K. A W. Anirusr,.. !2.44ii,7H() 3,411,831 17,666,146 17.340.698
N.y.ANewEDK. Se
ept'mbcr.l 301,128 484,332 3,924,202 8,710.07X
N.Y. A Northern 4 til wkOct
14.654
13.376
N.Y. Out. AW.. llh wk O. i;
46.481
43,8.37 1.431,020 1,298,811
N.Y.Sus.A W.. .Sept'iulier. 130,445 131.023 1,059.428
098,167
Norfolk A West 4lh wk Oetl
99,417
93,481 4,040,022 3,402,050
N'thcastrn (S.C.) AUKiHt...
34,7301
32,373
410,182
349,19«
Northern Cent'l Sept'mber
56.i,205! 432.63J 4.628.89
4,670.18i
Northern Pacific 4th wk Oct 732,167 366,001 14.638. '-'07 11.033.406
OhloAMlss
4lh wk Oct
93.'<3!' 3,174,314' 3.445,118
bl.llO
Ohio River .... 4th wk Oct
12.374
11.506i
388,.334
301,069
Ohio Southern
October
01.129
55.999
437,720
473,617
Ohio Val. of Ky October
11.917
9.1381
108,261
83,688
Omaha A St. L. Sepl'iuber.
36.631
28'',739
37.H20J
309,888
Oregon Imp. <?o Scpt'niber. 405.1961 362.443 3.734.097 2,071,481
Oreg.R.AN.Co. Scpt'niber. 623.030 487.246 4.507.272 3,605,306
Oreg. Short Line Aii>,'ust
253,008
195 6 ••] 1. "50,878 1,292,337
Pennsylvania. .. Sept'mber 5,285,426 5,006.568 13,356,076 11.058.674
PeorlaDec.AEv. •-'d wk Oct.
15.788
16.783
Petersburg
.VUKUBt...
27,588i
31,621
290.540
23«.108
Phlla.AKrle... Sept'niber.
447.032| 339.523 3.J62.510 2.971.951
Phlla.A Read'g. Sept'niber. 1.932.783 1.9i;8.012i 15.034.117- TO r.m "m
Coal A Iron Co. Seitt'inber. 2.025.682 2.13ft,< SI Il3,4_'
Tot.bothC«'s.. Sept'niber 3,95-,46i 4,103,604 i28.4t;
Pitts. A West'ni 4ih wk Oct
67.061
62,738 l.Hi,
.
A
wks Oct.
N.Y.Cen.AH.R. October.
.
.Mob.. Scpt'niber
Cln. Hel.
01n.\Va.-<h.AI!alt. 4th
Oct
213,723
i64'.7i>7
•
154.348
3,76H,4I2
304.637
. .
133.970
07,768
129.034 1,140,500 1,063,906
C2.717
68K,3!'7
534.841
Butt.i:<ieh.,fePltI 4th wk OctI
75,54
59,051 1,588.071 1.759,656
Bur.C'.Kap.& .Vo. OeUilicr
330,85
319,668 2,274,025 2,400,998
Cairo V. & Chic llh wk Oi t
19,020
21,304
603,469
* 32,430
3d wk Oct.
Oil. Southern
19,751
31,416 1,263,201 1,154,.509
•Camden & Atl'c Sent'niber.
75,146
62,504
582,688
572,782
Ouiadian Paeitle itfi wk Oct 451,000 414.000 10,670,430 9,168,435
Cp.F'r&Yad.Val Octiiber
35,«8il
29,128
267,530
222,851
Carolina Cent.. .Scpt'niber.
41,112
54,483
362.24 8
351.114
Cen.RR.ABit.Co Si-pl'iuber.
6411.361
784,702 4.>-95,08/ 4.381.961
4th wk 0,'t
Centrallowa
37,S46 1,132,631 1,079.4 22
40,1(;9
Oentralof N. J. .Sepl'inber. 1.32«.-212 997,1 '20 9.709.826 8.515,839
Central Paeitlc .\U(.'llSt .. 1,526,.t55 1,367,266 10,222.057 8,484,192
Central of S. C Aiwist
7.519
6.489
63,085
53,21u
Cent. Vermont. 3d wk Oct.
62,920
63,733
Oharlest'n ASav Anmist
32,211
30,327
370,01:1
323,504
Cberaw & Darl Aii),'u.st
5,42'
5.981
47,707
44,240
Ches. iOliio... llh wk Oct
138.779 137.150
Chee.O. AS. W.. 3 wks Oct.
137,411
148,484 1,509,6S7 l.SlV.iiiV!
Aui,ni8t...
Clies. A Lenoir.
6,703
6,003
51.018
41.721
Clilc. AAtlantie 4th wk Oct
64,230
69,202 l,807,li;6 1.829,079
CUlc.Hurl. A No Scpt'niber.
195,792 17:^,062 " ,255,938 1,786.409
Chic. Burl. A Q. Scpt'niber. 2,475.144
461,924 16,588,313 20.290,93
Chic. A Kast.ril. I4th wk Oct
Kast. fll.
57,99^
56,913 1.763,7151 1,686,669
Chic. A Ind. Coal llh wkOetl
18.300
14,800
428,.525|
341,197
Chic. Mil. ASt.P. 4th wk Octi 979.()00| 9i3.!i6.-) 19.974;500 20,208"l37
Chic. A N'tliw'n.i':'epfn[bcr 2,714,274 2.853.641 18,630,' i)7 l<i,512 730
19,512,736
Chic. A Oh. Rlv. October
6,635
5,-J02
49.390
56,968
Ohlc.St.P.AK.C. October..
270.571
227,1201 1.869,9751 1,351,048
Clile.8t.I'..M.AO.[.8ept'iiibcr.
650.802, 70'?, ISO' 4.601.2061 4,849,015
Chic. A W. Mich. llh wk Oc:
10,611
39.864 1,188.38:; 1.179,50,5
Cln.Ind.Kt.L.AC. -V"Kti8t...
241.876 237,453 1,700.571 1,7.37,564
Cln..Jack. A Mac. 1th wk Oct
1.'^.942
17.029
441.674
395,435
6i:i,338
CIn. N. O. A T. V. i3a wk Ocr
70.375 2,880,1:3 2,637,93!)
Ala. (it. South. 3d wk Oct
30,974
32.880] 1,184,491 1,193,536
N. Orl. A N. E 3.1 wk Oct.
651,43w
20,119
18,082
511,317
Vicksb. A Mcr.l3d wk Oct,
11,0961
14.115
341,409
4(6.492
Vlcke.8h.AP. 3d wk Oct.
14,478
16,735
39,».03('
4 18,616
Erlaiiv'er Svst 3d wk Oct
145,005 152,193! 5,516,541 5,167,900
Cln.Rieli.AKt.iV. llh wk Oct
12,059'
12,434
338,482
347.086
Boech Creek
8('I>t'mber.
5.15H
101.H3|)i
171,269
253,170
271,17a
10,242
.Sept'uilter
NewBniiiflwIck.
Eamingt
3,3.37,310
237,'
..
.Natchez Jac.AC
Mo.osm
7.no«
I)9,W>H
•'..-.72'
AWlIU.Coal Sept'mber.
Leta
1W7.
:ii>.'J6<>i
.
LehlKliAflud..
/an.t
,
TlMT.
7,,'»36i
i
Kentucky Cent ,<)Ltolwr ..
Kaokuk & West 'M wk Oct.
KlDKiit'D A Pern. 4th wk Oct
Knoxv. A Ohio A ii vniit.
Lake E. A Weet «th wk Oct
The iNVESTOBs' Supplement, a pamphlet of 133 pages,
contains extended tables of the Fitnded Debt of States and
Cities and of the Stocks and Bonds of Railroads and other
661
mUf^Om.
"7.V30'
wk Oef
«k
K.«!.Kt.H.A,M.'iT:
Kan. C. (1. A Hi.
gailraati Intelligence.
Western Lines. 8ept'ml)er.
1
1
t
KanawhaA Ohio: Ith wk 0«r
Weekor3l«
'
THE (HUONKLE.
10, 1888.J
Latetl
1
.
32,4..-
21.861
49.221
]3«
11x8
4!.'J.'
3.189 8.1.
3.10US.>tU
branches.
: Mexican ouireocr.
Includes whole system from Fort WorUi to LeuTer, but uutearaiaci
||
All lines moliidail.
on Joint track— Pueblo to Tnnldod.
Latest Gross Earnings by Week*.— The Iat>8t weekly
rnrnings in the foregoiag table are sepamteiy auuined up
as followa.
There is an incr. as? cf 4'12 reJ" rpnt for the fourth week of
October, tte atatemeDt covering 56 roads.
—
.
THE CHRONICLE.
562
1888.
4(A week of October.
1887.
14,654
46,481
99,447
732,167
81.110
12,374
3,749
67,664
29,500
129,690
223,036
25,431
230,202
24.675
46.552
27,818
179.943
97,600
26,401
149,710
6,512,452
6,254,795
Canadian Pacltto
Central Iowa
&
Chesapeake
Ohio
OWoago & Atlantic
64,2:'0
& East. Ills
Oblcafco A ImL Coal
Chicago Mil. A St. Paul...
Clilcai-'O & West Mloli
57,995
18.300
070,000
40,611
17,029
12,059
59.170
9,180
8,841
79,177
230,000
36,097
8,188
23,743
69,961
70.271
6.755
420,219
7,536
7,940
66,559
23,371
443,260
09,520
S3.889
173,769
101,272
35,631
Cbloago
& Mack.
A Ft. W.
OincinnatLJaok.
Cincinnati Kich.
Wash. A. Bait.
Clereland A Marietta
Col. & an. Midland
CoL H. Val. & Toledo
Denyer & Eio Grande
& North
Detroit Lans.
EvansTlUe
Bvansvllle
Flint
&
&
&
Indianap...
T.
H
Pere Marquette..
Grand Rapids &Ind
Other lines
*Grand Trunk of Canada.
Kanawha AOhlo
& Pembroke
&. Western
Ixiuisv. Evans. & St. L...
Jjoalsvilio A Nashville
iy)ul8vllle N. Alt). A Chic.
IiOuisvlUe N. O. A Texas.
Uexican Central
Milwaukee L. Sli. A West.
Milwaukee A Jforthem...
Uigsouri Kan. A Teias..
Kew York A Northern
Few York Ont. A West.
Norfolk A Western
Kingston
Lake Eric
237,5fi8
.
Forthem
Pacitlo
Ohio AMississippl
Ohio River
Ohio Valley of Kentucky.
Pittsburg A Western
Bt. L.
Alt.A T.H..brauches
Bt Louis Ark. A Texas...
Bt Louis A Ban Fran
Ban Antonio A Ar. Pass..
Texas A Paoillo
Toledo A. A. A No. Mich..
Toledo A Ohio Central ..
Tol. Peoria & Western
Wabash Western
Weetem
N. Y.
A Penn
...
Wheeling A Lake Erie
Wisconsin Central
-Oetobsr.
Mar. Col.
19,265
15,897
A
Pros.
4,972
the whole
*
7,837
3,715
10,944
7,333
Gross.
Net...
Ariz. Central. Gross.
Net...
2,284
37,000
2,323
1,329
$
A No
Traffic
,
.
1887
$
1888.
Soada,
S
59.301
59,651
21,304
414,000
37,846
137,450
69,202
50,943
14.800
923.965
39.864
15,942
12,434
67,454
9,850
10,027
75,127
270,800
33,577
6,816
23,974
69,633
74,528
4,463
419,209
7,908
7,555
62,657
28,956
498,621
63,318
85,528
148,011
80,589
30.198
231,421
15,276
43,857
93.481
566.604
93,939
11,506
3,077
62,738
24,749
112,033
222,557
19,732
271,515
16,648
35.424
30,657
209,381
78,700
21.861
138,088
78,566
75,548
19,020
451,000
40,169
138,779
.
[Vol. XLVII.
Decreofc
Increase.
$
Atlantic & Pacific
Buffalo Roch. & Pittsburg.
Cairo Vln. & Clilo...
Cln.
—
,
.
Jan. 1
1888.
to Oel. 31.
$
71,532
30,926
101,880
69,011
6,830
3,618
7.176
4,233
—
1887.
S
55,8.12
25,444
74,112
43,724
was suspended for a week by floods, and embarrassed during
month by yellow fever quarantines.
1,052
3,500
55,035
ANNUAL REPORTS.
747
1,087
375
Mobile
S,284
670
1,186
4,050
40,800
2,520
1,372
226
328
4,257
2,292
1,010
372
385
3,902
5,585
55,361
6,202
i',639
25,758
20,683
5,433
6,167
Railroad.
the year
of $10,500,000 will remain in the company's treasury for its
use Id general purposes, and when all the debentures shall
have come in this balance of 4 per cent bonds will be
12,187,000. Up to Oct. 35 there had come in $7,454,100 of
debentures out of a total of $8,600,000. The new bonds have
voting power, and the next annual meeting will be in
February, 1889, a change having been made.
Referring to the St. Louis & Cairo ER. the report says:
" The lease of the St. Louis
Cairo RR. was a wise and
judicious step in protecting, preserving and promotine the
best interests of the owners of the Mobile
Ohio RR, While
this road is, and will be, an expensive road to work, owing to
its high grades and sharp curvature, at the same time, when
its physical condition is improved, it is believed it can be
operated at a less cost for train service than is now
done, and when the country it traverses is fully developed, the annual rental paid for this property will not
prove to be a drain on the resources of the Mobile
& Ohio Railroad p-oper. Controlling this property from
Cairo to East St. Louis enables the Mobile
Ohio Railroad to enter into competition for traffic which it could not
otherwise control, and to a great extent protectsits lineeouth
of the Ohio River from the active, sharp and aggressive competition it now has to contend with in that section of the
country. It is only fair to assume that the interchange of
traffic between the leased and parent lines will prove mutually
&
&
622
2,624
6,966
165.563
12,829
868
672
4,926
5,249
17,607
&
479
5,699
"8',627
& Ohio
ending June 30, 1888.^
The report of the President, Mr. William Butler Duncan,,
refers mainly to the important arrangement by which the
several series of debentures were exchanged for the general
mortgage 4 per cent bonds. The surplus of this issue of
fFor
41,313
11,128
2,839
29,438
18.900
4,540
11,622
beneficial to both properties."
"The transportation service of the
The report also says
country at times becomes greatly demoralized; consequently
rates and disturbed conditions of business follow, until a
low
truce is patched up among managers to ease imaginary or
This has been the case to a considerable exfancied wrongs.
tent during the past six months in traffic for which we comIt is believed if the chief executive officers would
pete.
greatly curtail the power of subordinates to create these rate
wars, the net results accruing from the operations of the roads
would greatly augment tbe value of railroad properties generally."
Mr. J. C. Clarke, the General Manager, reports the property
in an improved condition. There was a large increase in the
tonnage in 1887-8, but a reduction in the rate per ton per
mile from r39c. to l-03c., the result of competition and the
Inter State Commerce law.
The statistics of earnings, expenses, etc., for four years have
been compiled for the Chronicle as follows:
FISCAL RESULTS.
1884-85.
1883-86.*
1886-87.
1887-88.
527
527
663
Total miles operated.
663
:
Total (56 roads)
Fet Increase (4' 12
*
475,958
257,657
p. o)
218,301
For week ending October 27.
Net Earnings Monthly to Latest Dates.— The
tables follow
ing Bhow the latest net earnings reported this week, the
returns for each road being published here as soon as received
but not kept standing from week to week.
the latest
month and
The
the totals from January
totals for the fiscal year
figures cov
1,
and
on those companies whose
e,.
also the
fiscal
year
does not correspond with the calendar year.
.
September.
1888.
1887.
,
.
—
Jan. 1 to Sept. 30.
1888.
1887.
Boadt.
A
Burl. Ced. K.
Cairo Vine.
A
No... Gross.
Net...
Chic... Gross.
Net. .
Gross.
Net. ..
Carolina Central
Gross.
Net...
April 1 to Sept. 30 ? Gross.
6 months
JNet...
•Central of Georgia. .Gross.
Net...
July 1 to Sept. 30 ) Gross.
3 months
5 Net...
Central Iowa
Gross.
Net...
Ches. Ohio A Southw.Gross.
May 1
to Sept. 30.
5 months
>
5
Net...
Chic. Burl.
A No
Ohio. Burl.
A
Flint
A
Gross.
Net...
Quincy. Gross.
Net...
Pere Marq. .'.Gross.
Kentucky Central
Net...
Gross.
Net...
LoulsT. N. O.
A Toxas.Oross.
Net...
Ohio Elver
Gross.
Net...
Oregon Imp. Co
Gross.
Net...
Dec. 1 to Sept. 30 ) Gross.
10 months
iNet...
Oregon Ey.A Nav.Co.Gross.
Net...
Seaboard
A Boanoke. Gross.
Net...
Gross.
Mar. 1 to Sept. 30 )
7 months
)Net...
A Ohio Con.. Gross.
Toledo
July 1
to Sept.
3 months
280,433
84,919
66,211
28,136
Net
30 ) Gross'
SNet...
41,112
12,983
646,361
258,469
126,081
13,238
170,382
66,643
195,792
58,278
2,475,144
988,448
182,472
63,192
101,342
59,955
149,942
20,056
47,520
24,746
405,196
127,350
623,089
154,271
57,957
25,906
111,283
35,596
269,062
74,656
65,837
26,920
1,943,169
392,689
2.081,330
453,931
533,343
.557,884
164,635
181,314
312,806
335.832
111,089
137,775
54,483
362,248
351,114
20,510
107,526
96,665
212,217
210,463
51,464
40,950
784,702 4,895,082 4,381,961
347,558 1,521,213 1,280,403
1,674,147 1,671, S71
589,876
550,953
121,370
989,833
950,749
28,487
51,012
57,401
187,046 1,431,676 1,366,679
80,151
501,419
544,703
173,062 1,355,938 1,786,409
36,348
177,401
426,212
2,464,924 16,588,313 20,290.934
1,133,317 3,317,075 9,056,175
223,833 1,800,749 1,928,188
70,724
554,061
619,996
107,318
750,495
779,695
56,759
326,317
329.629
181,534 1,581,991 1,351,787
58,682
339,173
334,901
43,538
335,612
255,045
24,107
145,421
116,674
362,443 3,724,097 2,971,431
110,1£6
831,667
814,900
4,075,312 3,235,'JOO
907,441
859,603
487,246 4,507,272 3,605,306
227,959 1,555,092 1,451,170
65,638
462,075
423,131
28,265
148.227
140.100
352,638
332,229
107.430
120,406
107,419
857.511
753,049
43,990
242,941
237,257
304.360
9*
282,8«i)
75,713
91,709
Earnings—
$433,895
Frelirht
Mail, express,
Ac
$335,772
$430,296
$416,119
1,526,494
140,636
Passengers
1,471,097
152,459
1,762,182
238,903
1,957,347
256,070
$1,962,323 $2,431,381
1,455,534
1,793.668
$2,629,536
1,919,144
Tot. gross earn'gs. $2.101 ,025
Operating expenses.. 1,676,186
524,839
506,744
637,713
Net earnings
';3-77
74-17
7501
Per ct. op. ex. to earn.
* Does not include Cairo A St. Louis, leased February, 1S86.
income account.
710,392
72 99
1884-85.
1885-86.
1886-87.
1887-88.
$524,839
$506,744
30.580
10,402
$537,713
$710,392
Receipts—
Net earnings
Netearn. St. L.
Other receipts
A
C.i
Total net
Int.
$524,839
on mort. bonds..
i}i547,726
$637,713
$710,392
$482,400
$431,600
$480,800
15.426
128,863
11,303
$480,000
40,408
165,000
$636,393
$1,320
$704,918
$5,474
Interest on car trusts
Kent to St. L. A C
Miscelliineous
38,636
Total disbursem'ts $482,400
$520,236
Balance, surplus
$12,439
$27,490
i Included In net earnings after 188586.
19,510
Scioto Valley.
fFor
the year
ending Jane
30, 1883,^
This road has been in receiver's hands since May, 1885, the
first mortgage bondholders seeking a foreclosure, but Mr, C.
P. Huntington, in opposition to them, having succeeded in
getting the case "hung up" in a State court by a reference
which drags on with interminable delay. Tbe net earnings
are nominally very small, as the items of "maintenance of
way" and "motive power" in the expense account indicate
that a large part of the earnings is expended in improvement
of the pioperty. Making the large allowance of 70 per cent of
:
——
,
NovEMUEa
MarnUw from-
1887-8.
Totiil
,•
io
cnrnlngn
1886-7.
#210,728
496.800
41,270
PB«.-en»rir8
•195.1)6'.'
49H,20«
48l8(U
#747,398
Ao
...—...,.,..
Mdtivo power
$738,020
#32S,870
43,278
—
Ol'traiinu txptn$e»
Maliiti'iiiiiKO of w»y,
Miilntt-ituDce of oare
$341,30'i
48,7(17
i23,'o28
ie0,:i69
125,528
137,638
38,028
\
Truiisimrtiitloii
Geuoral and tuxes
52,268
Total oppr. expenses (95'12p.
nn<l<J0-36 lu 188G-7)
o.
in 1887-8
$710.S13
$30,485
IJ.SCS
$71l,2.')3
Net Income over oper. expenses and rents.. $24,680
BE80DRCES OP THE TEAH.
?T
Keutiils paid
1887-8
Keteanilngs
Accounts collected
$26,776
11,96!>
886-7.
J
$24,680
6,816
$14,807
805
$31,496
DISPOSITION nv RESOUBCES.
1887-9
Payments on Scioto Valley R'y. accounts
$11,737
Surplus
19,759
$15,612
Total
Tot"'
1S86-7.
7,029
8,583
$31,496
Cincinnati Jackson
&
(For the year ending June 30, 1888.^
report below for the year endinjc June 30, 1888, has
been obtained for publication in the Chronicle, and the flirures for 1886-7 are given in comparison:
EABKI>!G3
1887-8
$148,078
350,186
Passengers
Mail, express,
&o
22,201
Total earnings
Columbus, Miss., 291 miles, and from Greenville, MIm to
Johnsonville, Miss., 80 miles, the latter division being narrow
gauge. The 142 miles between Columbus and Johnsonville U
under construction. The company has at present a trafllo
contract with the Richmond & Danville by which that convpany lays aeide 20 per cent of the gross business 'arninga r*>
ceived from an interchange of busioesi with the Oeorgik
Paciflc Railroad Company as a guarastae fund for the pl^
meet of any deficiency in first mortgage bond interest.— iZoil/road Gazette.
$87,279
6,029
Net Income over operat'g expen. and rents. $88,030
BESOUBCES OP THE TBIB.
1887-8
Net earnings
$106,278
Increase of funded debt
700,767
Increase of unfunded debt
148,789
$81,250
Increase of capital stock...
Local aid subwdles
Total
$184,964
$955,834
1886-7.
$87,279
2,264,500
$18,305,890
1886-7.
$44,520
6,029
15,849,258
2,400,000
6,C89
$955,834
1887-8
Paasengors
gralght
Express, mall, &c
436,374
23,407
& Montanlc.— The annual meeting of the Brooklyn & Montauk Railroad was held Nov. 7 at No. 120 Broadway.
followiug directors were chosen: Frederick D. Tappen,
The
payment
&
CiNN. IND. St, liOUis
Chicago.— Consolidated 6 per cent
bonds, Nos. 174, 738, 483, 675, 1,149, 880, 898, 863. They will
be paid off at 10.5, and interest to May 1, 1889.
St. Louis * San Francisco.— f2S,000 7 per cent equipnfent
bonds of 1880, numbered as below, will be paid off at 105 and
interest to Dec. 1, 1888.
Nos. 106. 123, 201, 244, 259, 257, 803,
820, 332, 384, 387, 393, 417, 456, .503, 517, 519, 541, 577, 643, 679,
690, 780, 733, 778, 782, 880, 935.
—
Chicago i) & Atlautic. The annual returns of this company
for the year ending June 30, 1898, were published exclusively
in the Chroniclb in the issue of Nov. 3, on p. 530. There
was some misunderstanding of the figures, but they were
Bubetantially correct, the only matter calling for any explanation being the " net earnings," which were stated as
1540,549, and again as |617,292. This was merely a difference
of taxes, amounting to |76,748, which were deducted in the
first instance but not in the second, as in the latter taxes appeared on the other side of the income account under " dJspoeition of resources."
Denver South Park & Paciflc— Default having been
made in the payment of the interest on these bonds, due the
Ist inst., a meeting of the bondholders was held at the
Farmers' Loan & Trust Company, No. 20 "William Street, on
Wednesday, the 7th inst., at which Messrs. Tappan, Hollister
987974
$295,158
$59,316
$291,400
$129,732
IS. 842
K> 685
129*034
5l|737
New York Chicago & St. Louis.—This company (the Nickel
Plate) advertises for tenders of the first mortgage bonds vmdar
article 12 of the mortgage.
This article provides that if grooa
earnings exceed actual operating expenses #900,000 or more,
the sum of $100,000 shaft be applied to the purchase of the
not above
102.
New York & New England.— It is stated that the surplus
shown by New York & New E, gland for the year ending
September 30, 1888, is $31,500. Ihe amount of preferred
stock outstanding is |2,200,000. The outstanding debt waa increased by $639,000 second mortgage bonds and 2,5C0 sharee
of preferred stock. During the current year the last 3,500
shares of the preferred stocK authorized will come out.
Padncah &
Louis.— The firet passenger train on this
was run through to Paducah, Ky.,
Nov. 8. This road is a branch and southern outlet of the
Cairo Short Line proper, and should prove a valusble feeder.
Railroads in New York State.—The foUowing reports for
the quarter ending September 30 have been filed with the
St.
recently completed railroad
R,R. Commissioners.
Operating expenses,
Net earnings
Other income
Total
taxes
$1,179,212
16,691
rentals
$1,195,803
215,405
rentals
Surplus
.
$810,303
$330,745
258,516
$360,269
264,583
$S60,B7<I
$72,229
195,686
$95,013
N. J.
Ntw
I'ork
Net earnings
$138,706
Surplus
1887.
<e
Vaii.-
1887.
18S8.
1887.
443387
-Sur. liing.
1888.
449,486
265,864
*
—
1887.
$255,951
147,814
$280,251
135.804
9269.314
iao.3S7
65,328
$108,137
66.210
$144,447
44.005
9134,877
44.905
$73,377
rentals
fVlieeling
—The
$81,388
Aamrtooa.—
$803,656
1888
$283,404
144,698
dc
a(
Benu.
$814,017
513,272
Gross earnings
OperatiUK expenses.
taxes
$106,381
.
$154,523
63,189
$249,365
Net earnings
Int.,
$176,625
70,244
$499,117
249,752
Orosseamings
6c
—
$154,523
1688
88.
$975,816
476,699
Operating expenses.
taxes
rfc.
1887.
•337,1S«
182,634
$170,625
$969,349
Alb'nyA Sumnt.,
'
.
RapUi TranHt.-^
1888.
$1,190,617
221,267
Suri)lus
Int.,
8. 1.
$374,199
197„^74
$1,181,959
8,658
$930,397
&
Int.,
—
Albanu.
1887.
$2,545,125
l,287,^38
1,363,166
<f
1888.
$2,40t;,750
Alex. H. Stevens, Wdliam H,
Jackson, E. B,. Willett, Wm.
Floyd- Jones, Charles B. Miller, Francis O. Lawrence, Jr.
Daniel Lord, Austin Corbio, Henry Graves, J. Rogers Maxwell, Frederick W. Dunton and Henry W, Maxwell.
Called Bonds.— The following bonds have been called for
^24,132
$95,899
40.469
132,055
27,034
Total operating expenses
f13,874
$354,774
Total grosi earnings
Operating expetua—
Orosseamings
Broolilyn
1886-7.
91.416
•94,0t>3
$18,303,896
GENERAL INVESTMENT NEWS.
which, when com*
Railroad. Cordelo is a thort distanoe
irom Americus, acd ihe Giorgia Southern & Florida uies the
Ami ricus Preston & Lumpkin's track to that point, thtu jriTing it an outlet.
Green Bay Winona & St. Panl,-The gross and net earnings for the years ei,ded June 30 were as follows:
Soilon
Total
line
PresunA Lumpkin
firsts
15,922,240
31,877
DISPOSITION OP BESOOBCEg.
1887-8
Interest on funded debt
$211,693
RentaLs of other roads
18,248
Increase ai>set8
.52,093
Reduction capital stock
365,315
Construction
297,619
Central Trust Co.. trustee
Sundry payments
10,866
Georgia 8on1herii& Florida —This
pletrd, will run from Macon to Palaika, 285 miles, is already
c<mil»tod 65 miles from Macon to Ctrdele, on the Americtia
Net earnings
$106,278
18,248
Net earnings
Rentals paid
to ooafw with the
'o^'nwi wh«t action mar b«
National Bank, is ohairfflan of tb« committM,
Georgia Paclfip.— At the annual m»wtlng to ba bald In
Bttmingbaiii. Ala., Nov. 28, tht> iircpoKitiim for a
iawa of th*
road to the Richmond & Uinville will 1h> submitted
for Mtka.
The Oeorgls Paciflc was built by the Uichmood ft DaarUb
Eztention Co., which is cor, trolled by the RIchmor d * Wttk
Point Terminal. The road extendi from Atlanta, »»a..
to
$76,497
183, Sol
12,195
$272,243
In
commlme
•"'•
1886-7.
$520,465
1887-8
$414,187
Opemt'g expenses and taxes (79'58
and 59-54 in 1886-7)
^-
Maintenance of way and structures
Maintenance of equipment
Conducting transportation
General expenses
AKO EXPENSES.
Earningt Jrom—
"w'^'y.*',?
Earnlngifrom—
$15,612
Maclcinaw.
The
668
"lifi?"^-" o^« PP**'?."^ '
i^JS^n'
$14,807
Net eoriiinca
F/t'KM
.
%
THE (JHRONICLE*
10, 1883. J
the Rroae earnings for leRitlmato op3ratins[ exponsM and tbo
net larninKs in lHHT-8 would have heou $a84, 180, while the
interest on thu Hmt mortgage bonda is only about $00,000 par
annum. The figures bel jw have betu obtained for publiuation
In the Chronicle.
EABXtNGS AKD BXPBKSU.
J/««'"
MftU, oipruBB,
—
,
$41,926
$99,C42
$89,073
& Lake Erie- Cincinnall Hamilton k Daytoi.
Toledo Blade says that the gathering in that citr of «
of railroad magnates is ft r the purpose of corsidering
a practical consolidation of the Whotliri^ & Lake Erie, the
Dayton Fort Wayne & Chicago and the Cincinnati Hamilton
number
& Dayton railways. A number
of the leading railroad men
connected with tuoee properties and owning a controllirg interest in them had met in Toledo, and it was beJiered in railway circles that it was the intention of these gentlemen to
unite their interests, possibly not in the shape of % consoUdik
tion but, on the principal of the ^i-hmondTermioalOoinpany, by the formation of a corporation whose aaseta shaU
embrace a majority of the stock of the Uirce corporations.
.
X^ Por oiker railroad JuWu tte pagt 949i
.
.
THE CHRONICLE.
564
[Vol. XL\'1I.
COTTON.
itommtvcml 'gimts.
COMMERCIAL EPITOME.
^Ixje
Feiday Niout, Nov.
Friday. P. M.. Nov.
9, 1888.
general election on Tuesday resulted in the choice of
electors favorable to Benjamin Harrison for the next Presi<Jent of the United States, which ensures a centinuance for
the next four years of the "protection" features of our tariff,
and both lousf s of CoDgress are expected to have a majority
n accord with tbe same principle. General trade slowly
The
coffee
Afemi-panic in
of the week's specu-
on Wednesday was aho a feature
lations.
on the fpot has been steady and cloics mora active at
8c. for prime city, 8-60@8-65c. for prime to choice Western,
S'SOc. for refined to the Continent and lOioc. to South AmerIiard
futures has been somewhat
The speculatioa in
cloeisg dull and weak, with the following prices bid
DAILY CLOSINO PRICES OF LARD FUT0RE8.
ica.
Salurd'ti.
Mond'y Tuesd'y. Wednid'y,
Nov. deUvery-.-.e.
c.
Dec. delivery
8-49
845
week, 270,707 bales the previous
363,263 bales three weeks since, making the total
receipts since the 1st of September, 18S8, 1,829,740 bales, against
3,340,315 bales for the same period of 1837, showing a decrease since September 1, 1888, of 510,605 bales.
week and
Receipts at
—
842
Jan. delivery
reb. deliv^ry
c.
c.
.c.
8-42
8-44
8-39
8-38
8-42
8-44
c.
8-50
March
May
delivery.
delivery
840
846
a
°
g
»
8-49
8-40
8-41
8-43
8-45
8-47
8-44
8'43
8-41
8'JO
8-53
8-4.'5
?=
8-50
8ol
slowly and closes weak at |1.5(a$15 25 for extra
prime, $16@$16 50 for new mess and fl7@|19 f^r clear
back. Cut meats have been dull and the close is partially
lower pickled bellies, 93-4@9Xc.; shoulders, 'i}4.@^%'^-t ^nd
Pork
5,684
sells
Wed.
e,813
3,295
9,F.57
Fn.
Tliurs.
5,306
Total.
5,547
36,732
104
Tues.
Mon.
Sal.
(Jalveeton
ludianola, Ac.
104
78,207
9,338
11,585 12,939 15,119 11,863 16,700 10,001
726 1,191
1,4.03
2,141 2,334 1,303
. .
Florida
Savannah
7,640
9,964
7,894
6,446
2,91
2,549
1,366
6.029 44,459
2,916
2,916
2,393 19,979
428
6,486
428
1,020
8,672
Bruiisw'k,<feo.
"
Cbarleston
Port Royal,&c
4,859
5,895
Wilmington
Wash'gton, Ac
1,468
2,287
944
1,179
1,164
136
186
Norfolk
3,990
3,737
e.-'iGl
5,267
1,409
1,040
5,322 3,945
2,960 10,47
198
30,364
31,864
1,674
4,15S
Boston
Baltimore
tliia
218
1,257
159
123
150
751
43.3
1,338
1,835
1,117
1,835
...
Plilladolphia,&c
Totals
4,771
5,279
5,510
40
394
WeatPoint.&c
New York...
:
Thursd'f/. FridJty.
8-50
8-42
8-42
8-42
:
fitful,
1888.
bales, against 279,536 bales last
«BBumeB normal courses. The speculation in wheat recovered
on a revival of an exp?rt demand from the Mediteiranean; New Orleans
and in cotton some advance was caused by the slow crop Mobile
moTement and bad weather aktheS)utb.
9,
The MovEMEafT of the Crop, as indicated by our telegranw
from the South to-night, is given below. For the week ending
this evening (Nov. 9), the total receipts have reached 272.091
815
week 40,552] 54,659 46,812
39,91'.
20
42,263 47,393 272,091
For comparison we give the following table showing the week's
total receipts, the total since September 1, 1888, and the stock
to-night, compared with iast year.
1887.
1888.
Reeeiptt to
Thit
Week.
!fov. a.
Since Sep1, 1888.
Stock.
Ihi$ Since Sep.
Week. 1, 1887.
1888.
1887.
;
9?4C. an! hams, 12@
Beef steady at §7 50@|8 for extra mess and |9@|9 75
for packet, per bbl.; India mesa quoted at $18 ii|31 per tierce.
Tallow advanced
Beef hams are dull at $13 50@|14 per bbl.
to 5;8(3 6c., at which the market closes aitive. Butter is dull
at20@2Cc. for creamery and 12®1G..-. for Western factory.
Cheese is steady at 83^@ IOJ4C. for State factory.
The demand for coffee on the spot is very good, and the
close is firm. Sales to-day embraced Rio No. 6 at 14?^c. and
No. 7 at 141^0.; al3) No. 8 Santos at 13J^c. c. and f., but mild
grades rather slow. The speculation in Rio options has been
fairly active, and the fluctuations in prices were very wide.
semi-panic on Wednesday and a buoyant market to day are
among the features, closing steady, with sellers as follows:
hams, 10@10J^^c.; smoked shoulders,
123^0.
A
November
Dec«mber
January
February
13-9oc.
13'75c.
iser^c.
Marcli
April
1355o.
June
May
13-550.
13-55C.
.13-50C.
13'55o.
I
I
July
August
September
13-55o.
13'55o.
13550.
I
Raw
sugars have been hardening in values, and at the close
quotations show a slight advance for the week; fair refining
-Cuba 5@5 l-16c., and standard centrifugal 6i^@6)^c., the
sales emhracing a cargo of Brazil to-day at a private price;
but refined sugars are dull. Mi^dasses continues unsettled,
with new crop New Orleans jobbing at44(a60c. A smallauction sale of teas to-day went off at steady prices.
Kentucky tobacco was quiet. The sales for the week are
only 250 hhds., mostly for export. Seed leaf was in good request, and sales for the week are 1,410 cases, as folio svs: 200
cases 1837 crop, Wisconsin Havana, 8@ll}^c,; 200 cases 1887
rop, Pennsylvania Havana, 16@a8c.
150 cases 1887 crop,
Pennsjlvsnia seed, 9i^@12c.; 200 cases 1888 crop, Pennsylva;
nia seed, 7J^@ 13c.
;
100 cases 1885 crop,
New England
seed,
12c.; 130 cases 18(37 crop, do., 14'3 22c.; 150 cases 1887 crop,
do. Havana, 13@3oc.; 180 cases 1887 crop. State Havana, 11®
20c,, and 150 cases bundries, 5@30c.; also 450 bales Ha-
vana, eOc.Ofl 10, and 175 bales Sumatra, $1 15@fl 95.
Spirits turpentine has advanced, and to-day was quite
active, the sales pggregating 1,000 bblg. at 45i^c. Roains are
nominally unchanged at $1@1 05 for common to good
straineJ. The speculation in crude petroleum certificates
was at stronger prices, advancing yesterday to 87c., and the
•close is quiet at SSj^QSSygO.
The demand for wool has improved, but hops remain dull.
On the Metal Exchange business has been dull. Straits tin
weak
on the spot and 22'o5c. for January.
Ingot copper dull and heavy at 17 45c. for November. Lead
is nominal at 3-70o. and epslter neglected at 4-90c.
The
-interior .iron markets are stronger, but without quotable
Advance. Stetl railit at the milU quoted $28,
closes
at 23-40c.
...
ElPaso.&c*
New Orleans
Mobile
Florida
Bavannab
...
Brun3W.,&c
Charleston ..
P.Eoyal, &c
Wilmington
Wa8h'fn,&c
Norfolk
W.Point,&c
NewY'ork
Boston
Baltimore
...
Phil'del-a,
Ac
Totals
289,747
1,327
468,723
71,014
1,809
372,478
45,944
351,550
82,284
99,078
97,095
12,052
183,833
20,981
261,429
26,780
234
165,277
3,226
68,120
16,235
94,3;5
1,883
57,990
117,596
33,<)29
645,909
81,223
9,933
477,726
11,835
227,612
6,267
98,583
1,988
198,0.57
3 ),763
1,733
18,265
1,890
4,493
43,231
13,304
119,373
11,000
13,504
4,403
272,091 1,829,740 301,600 2,310,345
Glalveston
669,807
747,820
36,732
101
78,207
9,398
44,459
2,916
13,979
428
8,672
136
576
187,584
135,137
3,292
9,238
30,361
31,864
1,674
4,1 5G
1,«35
1,117
838
50,817
951
11,003
357
28,032
35,186
3,600
954
984
5,77,j
8,4 10
1,-292
23,329
23,554
------
200,250
313
55,353
311
7,811
88,501
11.500
8,472
4,661
Not Included in 1837 until end or season.
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
*
Reeciplg at —
1885.
1884.
34,091
87,870
9,037
44,413
19,011
8,051
31,680
18,615
17,722
29,764
83,237
10,091
39,704
25,907
4,835
21,178
9,187
5,103
21,121
83,740
11,306
46.403
29,892
6,518
29,518
22,745
12,668
30,374
81,438
13,998
31,370
17,276
5,636
33,470
12,127
11,389
week 272,091 301,6.0 273,550 232,061
269,114
212,078
NowOiieana.
MobUe
Savannah
...
Charlo3t'n,&o
Wllm'gt'n, Ac
Norfolk
W't Point, Ac
All others
Tot. this
1887.
1886.
Galveston....
Since Sept. 1
1888.
we
36,838
73,207
0,393
44,459
20,407
8,858
30,061
31,864
11,693
45,914
97,095
12,052
50,817
17,186
11,360
26,032
35,183
5,923
1883.
1829,740 2340.343 1889,016 1894,936 1961.983 1975,589
The exports for the week ending this evening reach a total
of 171,275 bales, of which 12^,124 were to Great I
Britain, 11,343
to France and 31,808 to the rest of the Continent.
Below are
the exports for the week, and since September 1, 1888.
Week Ending)
QalrestOD
New
iVor. 0,
From
Sept. 1, 1.SS8, to
Exported to—
Exportt
frorr—
Great
I
|
Br it' iJ^^""^",
..
Orleani!
17,188:
Conti- Total
nent. Week.
28.SI)7,
6,771
JN'ur. 9,
1S38
Exporteii to—
28,837
28,16a
Mobile
Great
13ritain.\^<^""
Continent.
I
63,678
117,012
7,459
Tbtal.
0,»7ft|
242.34H
48.9i8
61,1
86.1S3
60,453.
10.778
103,305
63,517
7,459
Florida
Savannah
8,719
8,931*
Ctiarleaton
Wilmington
..
Norfolk
4.831
ao,2oil
West Polnt,&(
18,019
12 034
4,003
«,834'
Sl.Xifl
U,\i83
7,519
32.014
164,871
21,543,
....
7,132
1,909
i,m-i
Pblladelp'a'dci
1,21.3'
l,78il
7,13i
1*8.121
11,313
ui.«<n
.sn.-irt>i
5,072
21,86<1
3,112
3,029
31,80!- 171.275
26.877
8»,748
19.627
{
80,428
Boston
Baltimore
S,ll»
1
27,823, 13,823
28,0771
8,923
r,039,
New York
Total
54,877
e,320
19,627|
I
1
15,623
71,464
336
42,238
21,349
9,435
14.018,
4,581
!
231,478
42,614
83,7*4
18,580
013,9771)0.0*4
234,427
988,488
TW 07.1
47MH2
I.:«!3.229
l>fl
S.a
.
NOVKMBKR
1
THE (CHRONICLE.
10, 18SJ.J
In addition to above exports, our telegraniB to-night aUo irive
as the following amount* of cotton on shipboard, not cleared
at the ports niiined.
add similar Hgiire« for New York'
whicli are pre|i;ir"(i for our special use by Messrs. Carey,
preii;ir"il
spec
Yale
ft Lambert, 34 IJoaver Street
We
605
TM Salu AND pRiom or FoTBMa ar* ahowo by Um foUow'
tnx oomprahduiir* labia
:
^
On Shipboard,
9,
A'oti.
AT—
Great
BHIaUi.
Hew
OrleuDi
Mobile
not cttandr-f<tr
/Vane*. OUitr
Foreign
Ltavlng
Ooaalf
WiM.
Total.
3.0«!}
61,131
10.423
None.
None.
24,166
Nona.
1.300
900
800
13,il52
2.^,ooo
8.500
12,000
None.
None.
1,750
None.
7,000
None.
4,000
7,B00
14,472
2,000
None.
None.
Total 1888
83.739
19,073
60,577
31,117
196,506
473,301
Total 1887
Total 1886
13.',202
22,057
23,767
77,C03
33,001
27,632
280,:m4
487,426
570,M19
CharUMitoii
..
17.-J87
ft.>'00
..
•-'.."lOO
Bavainiab
Qalrcatou
Norfiilk
New York
Other
iK>rts
90,859
5,0(H>
7.061
None.
iii,.i:.o
15,061
46,400
10,600
35.489
27,000
26,800
19.000
I
2.^,909
122.718
A. 000
1I,.%00
ii3,785
40,S0«
16,231
92,573
49,734
18l,.^89
I
The speculation in cotton for future delivery has been fairly
active for the week under review, witi prices showing an upward tendency. Tnere were early in the week no very active
inHuenoes at work, but the movemeat of the crop oontinujd
to show a reluction from last year, and it was claimed that if
a change in this respect does not soon take place reduced crop
estimates will sojn gaia credence these, in conjunction with
a smaller visible supply, could hardly tail, it was thought, to
tavor higher prices. Still there was not much animilionto
the deilings, and with each advance there vra,% free selling to
;
The absence of a "short interest" in the market is
conspicuous. Yesterday the increased exports of cotton
goods from Great Britain and bad weather at the South, with
lower temperature in Texas, causel a further ad vane?. Today there was a buoyant opening, but reports that the
"norther" in Texas did not b.-iog frost caused in the later
dealings a sharp decline under sales to realize. Cotton on the
spot hss remained quiet, but quotations were on Wednesday
realize.
still
advanced M6c. Yesterday the demand was more active.
To-dsy there was a further advance of Jg?., middling uplands
cIosiDK at 10c.
The total sales
for forward delivery for the week are 430,100
For immediate delivery the total sales foot up this week
bales.
4,400 bales, including 1,683 for export, 3,518 for consumption
200 for speculation and
in transit. Of the above
bales
were to arrive. The following are the official quotations for
—
each day of the past week
—
—Nov. 3 to Nov.
UPLANDS.
Sat.
I
Ordlnprv
..Vlb.
Ordinary
Good Ordinary ....,.,..
S">6
Strict
Strict
'•.16
Good Ordinary...
MlddUng
8M
8%
I,ow Mlddllnjt
Strict Low
Mlddlini?.
....
a»i6
9l»i8 9'»i«
ID'S
10>9
11038
10^9
MidrtllnK
Btrlot Good Mlddllne....
MlddUng Fair
10%
'1034
11138
Fair
Q0LF.
Sat.
I
9^8
los.e
107,8
'16
11138
I
Ordinary
Strict Ordinary
Good Ordinary
Btrlot Good Ordinary
.»».!
mon ToesiWed
Oi3,a
838
8''8
8^9
8'8
9'ie
£i»w Mlddllnjr
Btnot Lot MiadllnK—
Middling
97, g
i
i
9"i«
915,8
Midtlilnfc
Strict
8»,8
9%
Good
Good
9,
mon Tnes tred
Good Middling
lOU
I0>fl
Middling Fair
10"8
r»'j
iiij,
BTAINKD.
Sat.
Good Ordinary
...»lb.
Strict Good Ordinary..
658
75,a
838
a-*
Low Middling
MlddUng
.
i»°t8l
10>4
I0>a
lOTg
111]
I
!
flou Taea
Wed
8%
9M
UAREET AND SALBS.
The total sales and future deliveries each day duriug the
week are indicated in the following statement. For the con venience of the reader we also add a column which shows at a
glance how the market closed on same days.
OF SPOT KSV TRANSI7.
SPOT MABKET
OLOSKO.
Bat.. Q.llct
Con1,452
167
iiaadv.
TUur. Firm
Frl ..^Bttady
a
>8
4.5,100
261
54,200
adv.
100
302
187
308
100,
47-
200
71,400
610 95.600
163.800
777
200
4,400 130 lOOl
dally dellverleg given
•enoud
to ttukt
M«h
be toaad ander eaeb day (oUowlng the abbrevlatloa " Avar." Tba
average for eaeb month for the week u also given at botteoB ot tahtak
TrauBferable Order* -Saturday, 9-550.; Monday. 9S5c: Taatdaj
.;
Wednesday, 9 600.; Tbaiaday,9°60o.i Frlday,9-iOo.
The following exchanges hare been made daring the week:
day.
1,6S2; 2,518
."
Total!
^e
Iloli
\Delit
Sola. \eriet
2,465
94
..
d>
Spte- TranTolaU
tiU
tump. uVl'n
port.
Toes.
Wed. Steady
Cr
irlU
1,013
Mon. Dull
* Inctndes galea in Scptombor, 1888, tor September, 165,300 ; Sejv
tomlicr October, for Octohtr, 394,100.
We Have incmded In tbe above table, and ehall contlnoe
week to give, Che average prtoe of fatoiM eaoli day for aaofe moatfe. It
287
above are
actuaUy deUvered Uie
on wolou cuey ura reparted.
.._
<'ay
•10 p<l. to oxcb. 100 Not. for Dec.
•13 pd. to exob. C.OO Dec. for Jan.
•40 iMl. lo exoh. 200 Jan. for .May.
21 pd. to exoh. 100 Jan. for March.
•10 p.1. to cxcb. 100 Jiiu for Fi 1'.
•35 pd. to cxcb. 2.504) Jau for Miiy.
•23 pd. toexcb. tOONov. for Jan.
•13 pd. to excb. 2,200 Deo. for Jan.
-10 pd. to ojtcb. 1,300 J.n. for May.
-10 piL to oxeh. l.Oc- \
iJec.
-10 yd. to exoh. 20ii
Vj.r.
-14 pd. to cxcb. 10.
ri.
O^ pd. to eich. 20
to exch. lo.i
26 pd.
-26 pd. to exoh. 800
'ue.
>
.
.
:
:
.
THE CHRONICLE.
566
xLvn.
|VoL.
The abov? totals show that the old interior stocks have
'tez Visible Sopply op Cotton to-night, as made up by cable
an3 telegraph, is as follows. The CJontinental stocks, as well f s tn^reoved during the week 21,863 bales and are to-night 91,663
those for Ureat Britain and the afloat are this week's returns bales less than at the same period last year. The receipts at
and consequently all the European figures are brought down the same towns have been 37,313 bales less than the same
since September 1 the receipts at all the
to Thursday evening. But to make the totals the complete week last year, and
figures for to-night (Nov. 9), we add the item of exports from towns are 337,598 bales less than for the same time in 1887,
the United States, including in it the exports of Friday only.
Quotations fok Middling Cotton at Other Markets.—
1885.
1886.
1887.
1888.
la the table below we give the closing quotations of middling
147,000 341,000 394,000
bales 286,000
Stock at Liverpool
19,000 cotton at Southern and other principal cotton markets for each
17,000
40,000
7,000
Stock at London
day of the past week:
413,000
3,400
32,100
25,000
146,000
2,000
22,000
3,000
8,000
358,000
1,600
16,600
5,000
300
1,400
124,000
3,000
28,000
12,000
11,000
243,500
20v',900
209,800
293,000
2,300
8,400
3,000
487,000
3,600
35,700
32,000
300
500
300
900
90,000
2,000
30,000
4,000
5,000
145,500
Total Great Br' aln stock.
Stock at Hamburg
Block at Bremen..
Stock at AmBterd> a
Stock at Rotterdam
Stock at Antwerp...
Stock at Havre
Btoolf at Marseilles
Stock at Barcelona...
Stock at Genoa
Stock at Trieste
rotal Continental gtockp
Total European etooka
India cotton afloat for Enropp.
Amer. oott'n afloat for Ear'pp.
438,500
25,000
460,000
22,000
669,807
216,313
40,498
Ite7Pt,Brazl),&o.,afltforE'i'pe
Stock In United Utates portp.
Stock In IT. S. interior towns.
Doited States exports to-day.
560,900
36,000
536,000
59,000
757,438
283,975
29,429
730,500
36,000
657,000
47,000
747,820
308,025
30,177
ti.OOO
7,0C0
62-2,800
2H,000
48 ',000
25,000
760,910
245,744
19,228
Amettcan—
American
187,000
62.000
460,000
669,807
216.313
40,498
bales
Europe..
afloat for
United States stock
United States interior stocks.
United States exports to-day.
Total American
Bast Indian, Brazil, itc.
Llveriiool stock
London stock
Contin<>ntal stocks
In ila afloat for Europe
175,000
103,000
536,000
757,438
283,975
29,429
280,000
134,000
4S9,000
760.910
245,744
—
Galveston...
New Orleans
Mobile
Savaunab...
SiBje
Charle.ston..
9H
99,000
7,000
83,500
25,000
22,000
200,000
40,000
163,500
36,000
47,000
166,000
17,000
99,900
36,000
59,000
114,000
19,000
75.800
26,000
25,000
236.500
4c
486,500
377,900
259,800
1.635,618 2,070,022 1,884,842 1,928,882
1,872,118 2,556,522 2.262,742 2,188,682
fTi Total visible supply
5i«d.
Sled.
5u,jd.
o\d.
Price laid. Upl., Liverpool....
9^80.
10c.
93i6C.
lO^ieC.
Price Mid. Upl., New York...
have been
The imports into Continental ports this week
C^ bales.
40,000
The above figures indicate a decrease in the cotton in sight
to-night of 684,404 bales as compared with the same date of
1887, a decrease of 390,634 bales as compared with the corresponding date of 1886 and a decrease of 316,564 bales as
1885.
—
At the Interior Towns the movement
that is the receipts
for the week, and since Sept. 1, the shipments for the week,
and the stocks to-night, and the same items for the coitcbponding period of 1887 is set out in detail in the following
statement.
—
9^
S9 Ssa
o
IP
O
,-
(B
o t<S
fc
» CfffC «<* 1
rr
—s
g B 5=5
g =a
2
o
9%
9
»ll6
938
Wilmington.
Biiltlmore...
Pliiladelpbla
9'e®10
9%
9%
Mempbis
914
95l8
93a
912
9V2
91-2
91s
9»i!
934
1013
10%
"•'18
9%
loaiois
9%
9%
104
"^
9ifl
95i8
9«B
Louisville...
9»,B
lOffilOifl
i)\
9 14
Louis....
Cincinnati..
St.
2)
10%
1019
Augusta
SI>«
958
9 '2
g's^io
Ola
9''i-)
g'^ealO
9B,,.®3e
9^6
9ha
96js
.Vorfoll£].. ..
Boston
9
9%
.
9%
91i«
97,6
913
91a
938
91a
91a
—
The following table
Receipts from the Plantations.
Indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor
Southern consumption they are simply a statement of the
weekly movement from the plantations of that part of the crop
yhich finally reaches the market through the outporta.
;
Wtek
Bndlng—
Receipts at f h« Ports. \st'k at Interior TownaJBec'pts from
I
1888.
1887.
1887.
1886.
I
Oct. 5.'.... 197,168 25;. 18«' 190.568 111.575:147.999 98,210
••
13
J230,28a'276,b7B'250,«44143,852 179,580 139.667
" 19
268,818|271,799|283,263 185,!21'229,700|l74.971
" 28
i2c8,488'284,934 270,707 228,997'20».753|lS8,3^0
271,665|i89,174 279.530 279.081 801.961 3S1,902
Nov. 2
••
g
273.550 301,«00'272.091 317,897 347.022 243.130
Ftanfn
1887.
1880.
1888,
I
1888.
236,087 280,224 227,304
263.665 308,4.57 292.101
80«.487'32I,C19 298.567
301,959 833,887 294,116
322,352 322,3i'2 303,068
311,563 31f",frtl 293,328
—
The above statement shows 1. That the total receipts from
the plantations since September 1, 1888, are 3,057,504 bales;
in 1886 were 3,15S,653 bales.
in 1887 were 3,663,537 bales
2.
That, although the receipts at the outports the past week
were 273,091 bales, the actual movement from plantations was
393,338 bales, the balance going to increase the stocks at
the interior towns. Last year the receipts from the plantations
for the same week were 346,661 bales and for 1886 they were
811,563 bales.
;
—
Amount of Cotton in Sight Nov. 9. —In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to Nov. 1, and also the
takings by Southern spinners to the same date, so as to give
eubstantiallv the amount of cotton now in sight.
1887.
1886.
11
1885.
Receipts at the ports to Nov. 9. 1,829,740 2,340,345 l,8S9,0Hi 1,694,936
Interior stocliB on Nov. 9 in
227,764 323,192 269,637 264,081
1
excess of September -
1 «yM
E;
91s
9»16
S'la
1888.
oa
S^'ie
9-!^»
9>4
9H
96b
FH.
97l6
9^16
938
914
815,8
05i6
ON—
Thura.
'J'le
Tues.
Wednes.
9^16
Mon.
Salur.
1886.
,
compared with
9.
19,228
1,635,618 2,070,022 1,884,842 1,928,882
Ifgypt, Brazil, <&c., afloat
Total East India,
Total American
247,000
80,000
657,000
747,820
308,025
30,177
CLOSING QDOTATIONS FOR MIDDLINO COTTON
ending
Nov.
400
1,900
100,000
2,000
32,000
1,872,118 2,556,522 2,262,742 2,188,682
Total Visible supply
Of tlie above, tbe totals of American and other descriptions are as folio ws
Liverpool stock
Continental stocks
ITee/c
a> a,
Tot. receipts from plantat'ns 2,057,504 2,663,537 2,158,653 2,159.017
147,086 l.n3,156
162,465 214,955
Net overland to Nov. 1
85.0001
68,0001
60,000
90,000
Southern consumpt'n to Nov. 1
BO
Total in Bight
No v. 9
2,309,969 2,953,492 2,373,739 2,372,173
GO
^
P 00 W Ci QoV
<I
o<
w'w ^1
'-O
o
O CC 01
O 05 ^ W
0»
00
V^ ©'i-'^'*''^
*-*
wlo Oi COtt OCfl to
ft) »*»
t-*
Northern spinners' takings to
Nov. 9
S'S-
536,294
570,100'
425.795'
439,512
If^
be seen by the above that the decrease in auioaut iu siitbt tonlKbt, as compared with laat year, is 643,52J bales, the decrease as
'
"
*
.00^
""
"
"
the '
compared with 1886 is 63,770 bales and "'" decrease from 1885
is 62,204 bales.
It will
'
'
C: ^^ Oi ?D
<0
10 X>
^X>
OS
OS
th
« to O
^ -q O
t-'<Ot«WO::OtO-X>rf^W'.XWrf:k.WCtO--'GUtO
ioat-y:*-H-xooo©c;i:cccioo5tOtf»-to
J.(f^C;i~JQDrf>-tOWiGC>OiO-.
M
Kl
i
MabMCi':.TtD
OiOC;«MIOCnO
h-
to
tvCl
I
O
tf*-
to CO
MM
C-^^OSXWOil-'
K)
C CO CO CC to CO
»-OSCO-CQD05<lin<lHMtC<ltO<i;Ct003M
O *>
oiojMoii;o»wc;»if>''ri®ci-0'a*-oi*.iOi
2^'
Sf
to
00
I
Vi rf^ut Oi cs"^ :
CO
ffiifh lU
tOM (D"^! OJ OO'-
MW
,
CO
;
CT;^ XCc"i* CDCO
to o* to to
X
<:3
e>
MWCnOJ
M
)fk
CO
'
Ml
»1)
)^
Oi
I
bi
:
M
to
t-»
M
(^WXO«(^»M
CO
« WM
wjjiMcnrfk.
75
•^-IMMOS tOMtOCC MtO'Tlf'^OiCCCOO
QDflJtO^~t M-JU0OiS^-llft"©tO^J -OCCC;'M-J
'#k«D--'--»CiOa^CDtk'tCrf^o':0T0bC0*— Vl
CJiOitfJtOtf^OtO'ODMQO-^OXXM-.Drf-QOyi
t^.|fkO,F:hCCO:if^OL'OtOCOKOCD9CR<-'OCn
OiMCO
»f*
X
C£ 10 -i
Ot,
CO
MMjt^co
Mcoaoionocooo
5
CO
I
1
Mp**-?. C1QC<1'
tocif^coia;
»-O0i0iMW.
Tlie nvures
54.
—
Texat, Rain has fallen on three days of the
week, tbe rairifall reaching one inch and fifty-four hundredths. Killing frost occurred to-day. The thermometer
hhs ranging from 3S to 73, averaging 55.
New Orleans, Louisiana. We have had rain o n th ree
days of the week, the rainfall reaching sixty-nine hundredths
—
coocoo x^o
cnoacotoxcD
"
w
i-^'^tCM®
M'/CD^)'
OQocj'i'rf^to-^ococo;
Ocoototoooo:c;iuii
MMVctMQOXtO
»-'^c;»to<-a<»^ai
Oxum>s)CiW
for Louisville In boUt years are "net.'
Hcures estimated.
The thermometer has averaged 73.
Shreveport, io«f»iano.— Rainfall for the week one inch
and eighteen hundredths. Average thermometer 65, highest
of an inch.
MOl -J UitO^^CO M
to
CO
*4
and the lowest
San Antonio,
Vit-"tOWCSQDOS
to
CO
Weather Reports by Telegraph.— Reports to us by telegraph to-night indicate that in some st ctions of the South
rain has interfered with the gathering of the crop, but that
elsewhere picking has made good headway. Killing frost ia
reported to-day at San Antonio, Texas.
GalvBiton, Texas. It has rained hard on two days of the
week, the rainfall reaching three inches and fifty-eight hundredths. Average thtrmometer 61, highest 80, lowest 43.
taUstlne, I'exas. We have had rain on three days of the
week, the rainfall reaching one inch and thirty six hundredths. The thermometer has averaged 65, the highest being
—
rf^^qJ^OtCWM
to o t^M a o'o*M 'yot to oc coco m'-^ — 01
^-Oi^i*kODWC;-^W«',OOSC*»--1tO<DM<I
•<i
OtOMtOWOir-«(|».OaSMCOa«*^GDOOrO
,.
'
—
o
Oi**OtOQDWXOCC;iOi; MGCXX-rUi*-tO
jOU»MCO<)
to
i
'
'J
tTkis year's
84
and lowest
48.
.
NOTKMBKB
THE (illRONlCLR
10, 188i.l
Columbut, MUtUHppi.—li has ratned on one day of the
tlio rainfall reaching; one inch and eighteen hundredthH.
The thenuometer has averaged 03, the highest being 74 and
week,
the lowest 46.
Ltland, lH»tiiHppi,—V»inia,\\ for the week one inch and
forty-seven hundredths. Fully two-thirds of the orop has
been picked. The tharmometer has averaged 07, ranging
from 44
667
(RDU OOTTON
M0VBItK!(T
tfrtof
BrWn.
Oontlntnt.
TMal.
been one
The tltermometor has ranged
rainfall has
inch and thirty hundredths.
from 4!) to 73, averaging 03.
Clarksdale, Mitsissippt.— It has rained On three days of
the week, the rainfall reaching three inches and ninety-nine
hundredth?.
The weather has been very unfavorable for
htirvestirg.
POBM.—Th»
8.000
5,000
1880
1885
OtMM-
IMBil Bli
.01*1 MHfl
219.000 472,000
mmm
JmkU
TIH4
WeiM.
tMmL
1,000 217.000 039.000 84tt/)00
8.000 308,000 091,000 1,059.000
6,000 324,000 885,000 1,009,000
1.000
—The week's
AIM.
MttlpU.
Tmr
to $2.
ffreenviUe, Miiftisslppi,
nOM
and shipments of cotton at Bombay hare be«n as foliowi tor
tb« wMk and year, bringing the flgures down to Mot. 8,
aoHBAT asasms aico smntsna roa roim raaM.
091,000
3.000
8.000
9/)00 l.t40,00o
ajooo 1,027,000
According to the foregoing, Bombay appears to show *
df crease compared with last year in the week's receipts o'
5,000 bales, and a decrease in shipments of 7,000 bales, and
the shipments since Jan. 1 show a decrease ot 318,000 balssi
The movement at Calcutta, Madras and other India ports for
the last reported week and since the Ist of January, for two
"Other ports" cover Ceylon,
years, has been as follows.
Tuticorin. Kurraohoe and Coconada.
Vicksburg, mssissippL—TelegTa.m not received.
Helena, Arkansas.— It has rained continuously for four
days of the week, and in consequence not mach picking has
been done. The rainfall reached three inches and flfty-nine
Qrtat
Oreal
CtonHTIMU.
AM.
Britain.
ntnL
Britain.
hundredths. There has been no frojl to injure vegetables,
and cotton is still growing. The thermometer has ranged Ciileatta—
26,000
00,000
1888
80,000
from 46 to 78, averaging 64.
99,000
127,000
1887
•••
220)000
Little Rook, Arkansas.— It has rained hard on three days of Uadras3,000
6,000
42.000
12,000
1888
2,000
54,000
the past week, the rainfall reaching six inches and ninety
12,000
1887
2,000
2,000
57,000
69,000
AUotherahundredths. The wet weather makes slow work of gathering
4,000
5,000
75,000
35,000
110,000
1888
1,000
i!,000
2,000
84,000
85,000
119,000
the crop, and such heavy rains destroy much of it. The
1887
thermometer has aver.^ged 60, ranging from 44 to 81.
Total all7,000
143.000
107,000
1888
3,000 10,000
250.000
Memphis, Tennessee, Heavy rairs have fallen on four
4,000
414,000
1887
4,000
241,000
173,000
days of the week, and more is threatened.
The rainfall
The above totals for the week show that the movement from
reached four inches and nine hundredths.
The election and
the ports other than Bombay is 0,000 bales more than the same
bad weather have delayed picking and materially afifected re- week last
year. For the whole of India, therefore, the total
Average thermometer 60, highest 76, lowest 45'5.
ceipts.
shipments since January 1, 1883, and for the corresponding
periods of the two previous years, are as follows
Ifashville, Tennessee. Telegram not received.
Mobile, Alabama.— It has rained on one day of the week,
EXPOKT8 TO EUBOPS FROM kX.X. DTDU.
the rainfall reaching ninety-nine hundredths of an inch. The
1888.
1887.
1880.
thermometer has averaged 69, ranging from 57 to 88.
BMmnenli
Since
nit
ainte
This
to CM, Europe
aine*
Montgomery, Alabama,— Vi^iix has fallen on two days of
toetk.
Jan. 1.
week.
mak.
from —
Jan. 1.
Jan.1.
the week, and it is still raining. The rainfall reached one
Bombay
1,000 846,000
8,000 1.059.000
5.000 1,009,000
inch and twenty-seven hundredths. Tae thermometer has All otber ports. 10,000 250,000
4,000 414,000
6,000 257,000
ranged from 53 to 82, averaging 79.
Total
11,0001,096,000 1 2,000 1,473,000 11.000 1,266,000
:
Selma, Alabama. We have had rain on one day of the
Alexandria Rbceipts and Shipments.—-Through arrangeweek, the rainfall reaching one inch and eighty hundredths.
ments we have made with Messrs. Davies, Benaclu & Co., of
Average thermometer 64, highest 78, lowest 53.
Liverpool and Alexandria, we now receive a weekly cable ot
Auburn, Alabama. Crop condition is the same as pre- the movements of cotton at Alexandria, Egypt. The followviouely reported.
The week's precipitation has been two ing are the receipts and shipments for the past week and for
inches and fifteen hundredths.
Average thermometer 67'7, the corresponding week of the previous two years.
—
•
—
:
'
;
1
—
—
highest 78, lowest 55.
Attxatutria, Egypt,
1888.
—
—
1880.
1887.
1
Nov. 7.
Madison, Florida. Telegram not received.
Seoelpts (cantars')—
Savannah, Georgia. The weather has been rather warm
ir.0.000
This week
200.000
190.000
during the week, with rain on two days. The rainfall
653,000
Since Sept. 1
926,000
792,000
reached fifty-two hundredths of an inch. Average therSine*
Since
ThU
Tkit
aintt
veek. Sept. 1. week. Sept. 1. mek.\ 8qU.l.
mometer 66, highest 80, lowest 58.
Columbus, 9eorgia.—Vt,ain has fallen on three days of the Ezport^i (hales)—
To Liverpool ....... 11.000 45,000' 12,000 69,000 Uo.ooo flo.nno
week to the exttmt of two inches and forty- four hundredths.
To Continent
5,000 21,000 7,00O] 25,000 7,000 17,000
The thermometer has ranged from 59 to 76, averaging 69.
115,000 66,000! 19,000! 94,000 17.000 77,000
fotal Europe
Augusta, Georgia, It has rained on three days in the
* A oantar Is 98 pounds.
rainfall reaching one inch and five
latter part of the week, the
This statement shows that the receipts for the week ending
hundredths. The continued seasonable weather nill have the Nov.
7 were 150,000 cantars and the shipments to all Europe
Pro3pHct4 are generally good 16,000 bales.
effect of increasing the crop.
and picking is progressing well. The thermometer has averManchk-stsr Market. Our report received by cable to-night
from Manchester at ites that the market is dull, and (hat thH deaged 63, the highest being 80 and the loweac 53.
Charleston, tiouth Carolina. There has heen no rain all mi d for Ixj'h yarns and sheetin.(8 is pour. We givf the
priC'-s for iQ- lay bfl.>w, and leave tho;e for previous weeks of
the week, The thermometer has ranged from 59 to 80, aver- this and la-t ye ir for comparison
1
1
1
1
1
—
—
—
:
aging 67.
Stateburg, South Carolina. ^We have had rain on two
days of the week, toe rtinfall reaching nineteen hundredths
of an inch. Average thermomet'^r 64'4, higtiest 75, Ij vest 55.
Columbia, South Carolina. Telegram not r>-ceived.
Wilson, North Carolina. It has rained on one day of the
week, the rainfall reaching twenty-one hund^'edtha of an inch.
The thermomteter has averaged 66, ranging from 52 to 70.
—
—
Xov. 8. '88. AoB. 10, '37
BnreTeport
YlBkab urit
Feet.
Above low- water mark
Above low-water mark.
AlKjve low-wst«r mark.
Above low-water mark.
Above low-water mark
i
17
8
JneA.
2
2
3
Feet.
2
IneA.
9
3
d.
7-'g
12
7-'9
ItHl,
..
1.4
" S6 ,7'8
NOT. 2
" 9 7'8
1
5
97
#7
6
»<i^ d
»7
a7
•3
32* Cop.
8'4
TwUU
d.
1
1
1
1
d.
7V»8
7»8
7^ 98
»8
7% »8
Mid.
(*».
UpUU
Skirting:
a.
d.
5
5
S
a.
7>a»6
7>««6
7>s«6
5 7>t«6
5 7>*«6
d.
d.
9
9
9
S>4
9
10
6ll„
1
7% »8% 6 7>s««10
•-% 6
Overland Movkmknt to Novembbb 1.— In our (-dit 'ria
columns lodav wili be found our overland movement b-oUfth
down to the first of November.
East Isdia Crop. -From Measrs. Oaddam, B>thell A Co.'t
B imbiy, Oot. 5, «« have tn-* oIIowkih:
coitu'i le^vjit dat
>i
Pavorabl-mln has
lit'.
6
1
»7
•?
u
8
4
itid.
Uplde
d.
8.
B
U
.
16
d.
a.
»8^
..
Ibt.
ShirHng:
d.
Oct A
1887.
Oott'n
3H
82f Oap.
Twit.
—
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 8
o'clock Nov. 8, 18i3, and Nov. 10, 1887,
Hew Orleana
empnls
pi?""' "*
1888.
fallen In
itl
ct.
somn
ii'iiorts
if
!(!!tl pri>-*i»»"
111
imrfj^
of th«
Onmra
dUlricts wker*
Aa. but la
•
wea her
TiM
>ln.
''Its*
Bolow zero ot Kauxe.
,
loU
:
,
.
THE CHRONICLE.
568
EOYPTIAN Cotton.
— Mefsrs.
&
George Andres
[VOL..X L"vn.
EZPOBTSOF COTTON (BALES) rKOH NEWIOBK SINCE SEPT .i.itss
Co.'s cotton
report dated Alexandria, Oct. 13, says of the crop
The causes of the exoeptionally small receipts are the high prices ruling ia the interior marljets, and delayed collection ol taxes by the Government, thus enabling the " fellahs " to hold to their cotton. It is therelore quite probable that receipts uj) to end of Oetolier will be 120,000 of
150,000 cantars less than at the same period last year. Selection to
Khin, Loire and Moselle is stlU very limited, because Zagazig is late
Fayoum and Upptr Egypt are sending very little cotton, proving prel
vlous reports of prospective extraordinary large supplies from these
sections to be exaggerated. Estimates still variable; maximum, 3,000,OOO cantars, and some predict only 2% million. The outturn In ginning
la about 10 per cent less than last season.
Week enditiB—
:
Ceop Report foe the Memphis
District.
—Messrs.
Hill,
& Co., of Memphis, issued on Nov. 2 their regular
monthly cotton report for the Memphis district, as follows
Fontaine
:
The report Is made from 316
letters of inquiry sent out Oct. 22, the re"
piles to which bear average date of Oct. 28. The weather during Octo
ber, iu the main, was unfavorable for gathering cotton, and much less
favorable than last year. The complaint is general of too much rain,
which had a damaging effect on the crop. Frosts have fallen at periods
during the month, but, with only two exceptions, no Injury to the crop
has been sustained from this cause. The unfavorable season, however,
has had its effect upon the prospective yield of the district, which in our
report made last month indicated an increaiS of 5 per cent over iaa
year, now indicates a decreased yield, as compared with 1887, of 3 pOj.
Exported to—
18.
Liverpool
December.
—A
moderate demand is reported
JUTK Bdtts, Baggihg, &c.
for bagging and small orders are coming in to a fair extent.
Prices are quoted as steady,, sellers quoting lli^@14c., as to
quality. Not much activity is reported in jute butts, only
small lots finding takers. Prices are steady and paper grailas
are held at 2'}sO. and bagging quality at 2l4@^?aC.
—
Domestic Exports of Cotton Manufaotobes. ^Through
the courtesy of Mr. W. F. Switzler, Chief of the Bure lu of
Statistics, we have received this week a statement showiug the
exports of domestic cotton manufactures for Septembf r, and
for the nine months since January 1, 1888, with like figures
for the corresponding periods of the previous year, and give
them below
Quantitiea of Manufactures of Cot- Month ending Sept. 30. 9mo3. ending Sept. 30.
ton ic<>Uired and uncolored)
exported to
1888.
1887.
1888.
1887.
—
Great Britain and Ireland
Other countries in Earope
British North America
—
yards
Mexico
083.266
133,338
411.728
01,064
70,2i0
84.«li6
819,837
1,455.14
6.595,708
1,7011.919
6,519,384
2,368,624
855.2«9
10,247,583
11,605,605
l.l-Ji.XS2
Central American States and
British Honduras
Indies
1,327,711
West
018,954
79.1t0
Argentine Republic
Brazil
Africa
Other countries
337.«81
l.fl51,M81
1,543,000
809,939
1,334,112
45,572
Total yards of above..
Total Talues of above.
,.
Value per yard
Talues of other Manufactures of
Cotton exvoi-ted to—
Oreat Britain ana Ireland
Germany
>'rance
Other countries In Europe
Sritlsh North America
Indies................
United States of Colombia..
Other countries In So. America.
Asia and Oceanica
Africa
Other countries
Total Tslue of other mannfaoturefl of
,445,210
3,324,200
1
207,653
29I.4ei>
270,918
6.487,221
9.242.35'^
2.069,056
6.69«,4K2
2,919,259
13,499,292!),S79,079
7,941.591
5,037.374
4.983,594
6,12!.619
13,410.h>l
4.1.38,416
6,3a8,0:)8
•07;a<
S4,G04
1.367
4,700
1,»5S
26,304
10,384
4,511
5,149
8,178
7,281
t7Z0,401
»-0648
t
36.492
1,262
|7,-i43,920
rosea
5,694.832
2,794,310
2,007,753
{8,951,390
1-0649
283,535
80,018
650
13.498
358,156
00,307
1,741
24.M1
84,600
11,116
288,815
123,277
2,101
6,671
30,268
68.888
66.907
68,1 b7
214,285
0,255
88,901
87.240
46,930
807,189
1,886
64,390
1,319,128
8,563.048
10,214,042
8,425
6,426
83.279
12
250
878
3,790
147,724
904.449
K44..545
124,054
26,993
56.8f)0
1,262,052
'IHK txpoKTS OF COTTON from New York this week show
increase compared with last week, the. total reaching
82,914 bales, against 25,315 bales last week. Below we give
our usual table, showing the exports of cotton from New
York, and the direction, for each of the last four weeks; also
the total exports and direction since Sept, 1, 1888, and in the
last column the total for the same period of the previous
an
.year,
1
1,122
1,602
1,928
2,143
15,623
9,804
Total Fbench
1,122
1,602
1,928
2,143
15,623
9,904
Bremen
Hamburg
3.100
1,205
2,414
8.50
3,164
5,148
2,145
2,069
6,009
17,V63
2,75ll
Other ports
ll,817i 31,954
30,325) b0,361
Total to No. Enaoi-E..
6,719 12,217| 6,898
9,223
59,405
65,479
1,887
1,790
7,505
4,574
l,79o[
12,079
6,207
....
....
loa
1.950
7,516
8p'n,Op'to,Glbr'lt'r, &c.
All other
150
519
500
Total Spain,
669
.500
900
<Sc
GBAND Total
4,320
26,956 38.071 25,315 32,914 251,478 2 35,80a
The Following are the Gross Receipts of Cotton at
New York,
Boston, Philadelphia and Baltimore for the past,
week, and since September 1, 1888.
N«W TOBK.
BOSTON.
Thi$
Since
week. Sept.l.
Thi$
Since
week. Sept. 1.
Philadklph'a
UicHpti
from—
S. Orleans
BALTIMOBI..
ThU
Since
ThU
S<nc<
week.
Sejit.l.
week.
Sept.l.
291
4,583
8,467
6,8S6
7,302
7,323
884
3,9i6:
ie,?53
12,517
88,411
113,003
15,953
1,887
So. Carol's.
B,783l
1,809
49,995
No.Carol'a.
Virginia...
l,53fl
10.727
6,520
39,806
Northn pta
Tenn.,4c...
3.102
6,812
285
1.293
61,919
440,773
20,908
88,263
1,218
17.74*
11,752
60,illO>
Last year. 43,729
432,464
20,S06
U4,808
1.162
18,183
10,P7l
46,117-
Texas
Savannah.
3,088
80.817
V,085
18,'; 60
8,903
45,477
6,132
16,986'.
Mobile
yiorlda
ForeiKn
Thliyear
400^
80
1,832
037
77
28,817
200
Comparative Port Receipts and Daily Crop Movement.
A comparison of the port movement by weeks is not accurate,
as the weeks in different years do not end on the same day of
—
We
the month.
have consequently added to our other standing
a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
movement for the years named.
The movement since
September 1, 1888, and in previous years, has been as follows:
tables
Year Beginning September
Monthly
Receipts.
1888.
1887.
1886.
1885.
1.
1884.
188.'!
Sept'mb'r
332,017 654,776 359,203 385,642 345,445 343,812:
October.. 1,133,016 1,213,404 1,034,450 1,055,524 1,090,385 1,016,092
Total
1,46.5,033 1,868,180 1,393,653 1,441,266 l,43.'i,830 1,389,904
Pero'tago of tot. port
26-19
receipts Oct. 31
28-68
33 34
26-71
3006
This statement shows that up to Oct, 31 the receipts at th®
ports this year were 403,147 bales more than in 1887 and.
71,330 bales more than at the same time in 1?8C.
By
adding to the totals to Sept, 30 the daily receipts since that
time we shall ba able to reach an exact comparison of the
movement for the different years.
4,477.611
t
368,487
14,126
12,981
8,053 12.997 136,361118.504
6,616^ 8,551 28,01o| 3.5,712
1
Havre
1888.
19.873.44.1
52,469,!i67
11.113.228 104.744.808 :137,938 518
»75a,726
& British
.Honduras
West
420.278
69),4»«
078,.''.30
United States of Colombia...
Other countries In S. America
China
Other countries in Asia and
Oceanica
Mexico..
Central American States
1,137.-30
1,?57.101
127.082
period
previ'ut
Sept. 1. year.
Other French ports....
The estimates
weather may improve the outcome of the crop, but with the most favor,
able conditions the yield within the Memphis district will not bo in excess of last year. There is a diversity of opinion regarding the effect of
a killing frost. Many of our correspondents say it would be beneiicial
while others hold a contrary opinion and say it would cut off' the yield iii
the lowlands. At all events, it would settle the doulits which exist—
whether or not the bolls with which the plant is now heavily laden
would open under its influence. Picking is progressing rapidly, and up
to date 43 "9 per cent of the crop had been gathered. Labor, however. Is
Bcaroe in many localities of Mississippi and Arkansas, and is in demand
to pick the cotton which is now open In the iields. The lateness of the
season is shown in the light receipts to date, but as there is no disposi'
lion on the part of the planter to hold his crop, a very heavy movement
of the staple can reasonably be expected from now unta late in
8.
Total
tince
TOTAL TO GT. BKITAIN. 18,416 23,752 14,699 21,548 164,371 154,216
cent.
of the prospective yield which our correspondents have
Riven, are based on the lateness of the season and the slowness of the
bolls in opening, especially in the bottom lauds. The present favorabl^
Nov.
1.
25.
14,392 21,777
4,054 1,975
Other Biitlsh ports
name
Nov.
Oct.
1887.
1886.
1885.
1884.
1883.
Tot Oc.31 1,465,033 1,868,180 1,333,653 1,441,266 1,435,830 1,389.904
Nov. 1...
36,096
41,951
45,461
31.747
32,374
" 2....
55,245
56,520
37,080
S.
43,029
" 3....
36,645
40,552
41,293
37,218
59,119
" 4....
50,241
S.
S.
40,678
40,493
" 5....
40,917
43,781
54,659
34,866
61,344
" 6....
S.
44,668
46,812
34,599
38,558
" 7....
S.
61,088
34,133
39,912
58,307
» 8....
42,263
61,309
56,690
32,773
29,523
" 9....
46,995
63,57841,068
S.
47,893
1,829,740 2,243,121 1,763,819 1,735,652 l,722,394]l,733,5ll
Percentage of total
40-04
33-15
32-16
35-74
3606
port rec'pta Nov. 9.
Total
This statement shows that the receipts since Sept. 1 up to
to-night are now 413,387 bales less than they were to the same
day of the mouth in 1887 and 65,921 bales more than they
add to the
were to the same day of the month in 188G.
table the percentages of total port receipts which had been
9 in each of the years named.
received to Nov.
We
Shipping News.
—^The
exports of cotton from the United
States the past week, as per latest mail returns, have reached
196,406 bales. So far as the Southern ports are concerned, thes^
are the same exnorts reported by telegraph and published ia
the Chronicle last Friday. With regard to New York w©
nolude the manifests of all vessels cleared up to Thursday,
:
November
THE CHHONICLK
10, 1888.]
Total tKU€i.
Llvfirponl, pfir stfsninera Bothnia, 8,073.
Cily of Hcrllu, -'./ 13
Doimil. (J!)S
Ucriuanlo, 1,489
Scrvla. 3,392
WLsioiislii, l,(itM>
0O7
To Hull. )ier steamer ('oinriido, .1,0(10
out)
To I.oii(loii, «or steamers I.mlgnto 11111,301
Lydlnu Monarcli. '.2.017
2,078
To (ilas^'ow, per stuumcrs .stnto of Nebraska, 20tf..., State of
Kew York—To
Nt'vailu, 2i»8
To
To
To
To
To
To
To
504
Havre, per steamer La Bretairiie, 2,143
]]
Bremen, per steamers AUer. 1.0t."S
Wcrrn, 1,100
Iluiiiliiu't,', iier steamers Poliirla. 1.018. ...Kliaotla, 1,051.
Kottenlam. per steamer Kotteniimi. 730
Antwerp, per steamer Wae^luuil. 2,243
Cnpeiihageii. per steamer Island, 1)72...
.,
Stettin, iier steamer tiotliln, 1,001
SfltW Oki-KANs To Liveriwol, jier steamers Cuban, 2,103....
LeKlslutor, 7,208... Statesman, 1,016
Washluirtou City.
2,143
2,14.'>
v.ooo
730
'.
—
2
2,243
072
1
1,064
\
To Havre, per steamora Nantes,
Garnet Wul«e-
Sir
7,.''>S2
10 i628
0,748
To Bremen, per steamers Federation, 6,622
Ocean
14 i330
Klnir.
"
,^,500
To Antwerp, per srteamer Nantes, 250
To Reval, per steamers Amy Dora, 4,595
13 122
250
...
—
The
—
Oil. 19.
BalM of the week
Of which ezport<<ra took
Of which ni>eoulaton took.
Amorluau
Actual export
Forwarded
Total stock— Estimated
Of which American— EsUm'd
week
Ot which American
Total Import o( the
afloat
Of which American
clam,
and
Bam-
Liter- Bull,
and
Saturday Honda]/. Tu^iday.
Spol.
Market.
12:30 P.M.
I
C'opeit-
de.
.
6,000
BpecAezp.
500
Future*.
Market,
?
12:30 P.M.
Market,.
and
1.064
7,988
1,956
8,53116,473 36,851
Total.
32.914
85,R40
35,159
9,270
7,140
14,011
...
1,522
3,600
1,270
20,7;)4
130
7,40.-)
Stesdj.
;
Batur.
basis of Uplands,
Xon.
;
Princess,
Titet.
Wedne*. TAuri.
Fri.
"h
"8
e.
c.
..e.
"he
'It
'^I's
via Leithd.
Ajust'd'm, steam. c.
Do via London. d.
65 >
65*
'
=8
sail
d.
=8
65*
"a
65*
65'
'is® "a
d.
Barcelona,Bt6am d.
Genoa, steam .. .d.
%
%
38
38
Trieste, steam... d.
Antwerp, steam d.
, Per 100 lbs.
KdT.
flood
damaad.
parttallr
1-04 BdT.
15,000
1,500
5%
12,000
1,000
12,000
1,900
Firm at
1.64
Staadr at
Quiet.
14Mad.
Verr
VetT
adrano*.
Low Middling clause, unless otherwise stated
S«t., Nov. 3.
38
%®7ig
Ogo a?ftis
d.
d.
^»l tat 5 31
5 iff) B8fl B2«
isa 8 25 5 25
aa S25 B25
iHt iili BJ!3
t-M i'M B2«
sas BUS B28
May-June.. 5»0 530 B30
.
N0T..D0C...
Dec- Jan. ..
Jan.-Feb...
Feb. -March
Mar.-Aprll
April-May..
June-July.. 5 SI
-"^ «"**•
nioa., Nov. 3.
"""
»<«
•—"•
5 31
6 31
0pm
d.
d.
632
auih Lou,.
Taea^ Nav. «.
6 3:1
6 27
d.
CTo*.
d.
d.
533
628
5S6 626
6 26 6JM
5 32
5 27
6 25
632
525
5 26
625
6 27
6 23
62>)
628
828
6 29
5 30
6 31
531
6 26
6 25
5 23
6 27
6 28
6 29
6 31
6Srt
626
686
627 628
629 629
5 3)
538 633 6 38
6 81
6
3.'<
Op« BWk
Low.
688 633
628 588
628 527
5 2« 527
d
583
A«t
626
526
6 27
6 87
d.
d.
5 27
B2S 628 588
630 680 5X0
5 31 6»J 681
633 683 633
"IB
7.
FHm Not.
Thnra., Nov. H.
Open High Low. OlM. !op« Hifk Lou. CiM. Op«n Hith Low.
November
.
Bits
d.
d.
d.
B35 OSS 686
NoT..D«c... sao SSO 680 680
628 62» 8«S 6W
K28 BKQ 628 529
Feb.- March Bi9 B2U 620 62S
Mar.-Apill
5 30 5W) BSO 630
April-May.. 9 81 B3i 6 31 6sa
May-Jane.. B3J B34 633 5 St
June-July.. 583 585 636 635
Dec-Jan.
.
"4
»8
Do
10,000
1,000
s^i^aSS^oi'^^Ti-'a^r'^
d.
DrUtleld,
Hamburg, steam c.
Do via London (f.
Be val, steam
t-«l
6,522 196,466
1—Steamers Qardenla, 4,756; Qrim3— Steamer Guy Coliu,
Nov. 5-8team-
Liverpool, steam d.
OoviaGl'sg'w.rf.
Do
BtMtdr.
rridat.
5!<|
3t«»dy at Qnlet at
Wedne*., Nov.
4,195 11,008
.
Bremen, steam
ACtlTO.
Quiet and
..
Jao.-Feb.
..
Cbh
t.
888
888
887
8*7
887
628
680
638
533
d.
634
529
627
627
628
629
6»1
832
634
d.
d.
«.
4.
6 85
sao
6*8
628
689
680
684
689
527
SI7
688
689
886
61W
583
63S
59»
580
6 81
6 31
6 81
6 31
688
581
BSO
630
680
BSt
533
631
838
683 882
635 6 31 686
d.
d.
5*7 am
688 681
680 531
580 680
6 31 6.^
688 581
634 683
685 684
687 536
9.
ao.
4.
• 8T
B8S
• 80
sao
B8t
• 8*
5S«
683
687
BREADSTUFF S.
.
sail
Wtelna. nkurnfy.
.
.
Do
211,000
231/M>0
11,277
2,056
ORLEA.NS— For Liverpool -Nov. 2-Steamer Architect, 4,757
Nov. 3— Bteamer Hayticn, 4,686.
:SAv.v!iNAit-For Amsterdam— Nov. 5— Steamer San Juan, 6,200.
For Reval— Nov. 2— Steamer Robinia, 3,700.
•t'UARixsTON-For Llvcrpool-Nov. 3— Steamer Plcqua, 4,200.. ..Nov. 6
—Steamer Marit.ina, 4,734.
For Havre— Nov. 5— Steamer Wandrahm, 4,000.
Wilmington— For Ltvorpool— Nov. 5-Steamer Carn Marth, 4,834.
yonKOLIc— For Bremen— Nov. 5— Steamer Ilolstein. 3,925.
Boston- For Livcrpool-Oct. 30-Steamer Bulgarian. 1.030. ...Nov. 2—
Steamer Pavonia.
Nov. 5— Steamer Michigan,
Nov. 6— Steamer Bavarian,
'Baltimore— For Liverpool— Nov. 5— Steamer Peruvian,
5'ttlLADELi'iiiA— For Liverpool- Nov. 6-Steamor Lord Gough,
,
For Antwerp— Nov. 6-Steamcr Switzerland,
Below we give all news received to date of disasters to vessels carrying cotton from United States ports, &c.
Mabatiiox, steamer (Br.)— .\ fire broke out Saturday on steamer Marathon, at Liverpool from West Point, while the cargo was l)clng discharged. The names were quenched; 32 bales of cotton were damaged l).y tire, and 130 by water.
CS'iGKETiA. steamer (Br.), from (ialveston, via Norfolk, arrived at Liverpool Nov. 2, with her cargo on Are in the fore peak. The lire on
hoard was caused by the upsetting of a lamp in the chain ioeker.
About 100 bales cotton la the fore peak were danuiged by water.
The vessel was placed In dock, and the fore peak Hooded.
Cotton freights the past week iiave been as follows
fiavre, steam
Hardeny.
I
P.
:
3,187
170.000
Dull.
Firm.
M ( FlriD.
stfladj.
st«i>a;.
•taadj.
The opening, highest, lowest and closing prices of futures a*
Liverpool for each day are given below. Prices are on the
4
November
Xar-
Sleitin.moulh.
.
ers Asiatic Prince.
12,000
1,000
5
d.
and
,
Nov.
steadier.
loiitt,
the latest dates
•Oalveston— For Liverpool— Nov.
sel,
1)40,000
Xor.9.
44,000
3,000
1.000
38,000
7,000
ei,ooo
393,000
178,000
90,000
78,000
104,000
184,000
5"i«
Sales
Below we add the clearances this week of vessels carrying
•cotton from United States ports, bringing our data down to
New
Qnlei.
Open High Lovr. OlM.
.
Total.. ..112,866
3,000
3,000
44,000
6,000
65,000
253,000
152,000
73,000
56,000
iro,.2.
I
Mld.Uprd8.
Getioa
Beval
Havre, burg, hageti.
New York.. 12,997 &,551 2,143 4,214 3,>»45
Jf. Orlcan.i
19,023
14,330 12,122
250
:.Savannah .. 22,153
7,450
Charleston
8,000
Qalveston.
4,340
2,800
vC'ilmiui^'n 14,011
.N'orfolk.
20,794
Boston...
7,275
Baltlniorr,.
9,012
2,265
Phildelpha 2,656
.
I
fiH.OOO
Tlie tone of the Liverpool market for spots and future*
eaok
day of the week ending Nov. 9 and the daily clowns orioM
of spot cotton, have been as follows
Barce-
B xmen Anttverp
.
Or/. 20,
78,000
4,000
4,000
60,000
7,000
60,000
250,000
100,000
48,000
30,000
152,000
141,000
:
Jtotler-
.
.
Bales
particulars of theoe shipments, arranged in our usual
pool.
bale*
Soldier Prince,
3,303
7,988
To Bareeloua, per ship Marcellno Jane, 922
per bark
Alejandro Bos h. 600
1 g.j.j
rfiAVANNAii— To Liverpool, per steamers C'hoUcrton, 7,701. ' ciin
'
ero. 3,300.. ..Norfolk. 5.'l99....Serra. 3,613
22,153
To Bremen, jicr steamer (jothenliurR City, 7,450
7 450
To Reval, per steamer Kobiula, 1,!)56
[1^^^
'"' I'ose
To Ccuea, per steamer Kate I'awoett, 3,600
3*000
<.'HARLKSTo.N— To Bremen, per steamer Glengoll, 8,000..
8,000
To Genoa, per bark I^mllla C'iampa, 1,270
1,270
OALv-E.'iTON— To Llverjiool, per steamer Cyphrenes, 4,340
" 4 310
To Bremen per steamer Ixla. 2,800
len,
o'goo
'WiLMi.SGToN— Ti) Liverpool per steamers Dartmore, 1,600....
I,
Gaboon, 4,600
Maccaonia ^•'^11
•-;.••
14,011
UORFOLic— To Liveipool, per steamers Hogarth, 6,505
'
Maryland, 6,673. ...Naranja, 2,!)16
Ocean Frlnee, 4,700...
20 794
'
•Boston—To Liverpool, per steamers Catalonia, 1,039
Kansas, 2,031
Virginian, 3.305
7 275
To Yarmouth, per steamer Y'armouth, 130
..ill!
130
•Baltisiouk— To Liverpool, per steamers Baltimore, 4,616 111
Oranmore, 4,396
'...
9 012
To Bremen, per steamer llormauu, 2,265
111111
2,265
PHlLADELruiA—To Liverpool, per steamer British Prince, 2,656 2,656
Total
196,466
€orm, are as follows
609
LiVEBPOOi
By cable from Liverpool we have the follow
log Btatement of the week'a galea, stocks, *c.
»t that
Amount
(i.301
lej",
:
.
.
.
Fbisat, p. M., Kov. 9, 188P.
The
market was comparatively dull the early part of
the week, but latterly the demand has materially improved
and prices have shown a hardening tendency. Toe export
demand was more active, and the home trade bought more
freely, confidence in the support of values being derived from
the more favorable foreign markets, Kye Hour for an exception is lower. Corn meal is steady, and buckwheat floor
scarce and dearer. To-day the market was quiet.
The wheat market showed on Wednesday a decided revival
of animation and strength, due mainly to the export
demand, a large numbar of boat-loids of No, 2 red winter being taken for the Mediterranean at about f 1 ll@$l 18 in
elevator. This was followed by free buying by local millers,
mainly of amber Michigan at |1.30@$1.2;3, and No. I hard
spring, f 1 40, delivered. But the speculation for the rise did
not develop the animation of recent bull movements, and a
small advance was sufficient to bring forward fres sellers.
To-day speculation was less active, but prices were a little
dearer and the export demand for spot wheat was brisk, the
flour
No. 3 red winter at $1 13^g afioit aiid No. 3
Chicago spring at $1 15 afloat.
DAILT CX,OS£!(0 PSIOES OP MO, 2 RBO WnmB WBBAT.
fW.
Wtd. TItttn.
Sai.
Hon, Tuet.
November delivery
1 11'4 in\ Ill's
b;
c.109:h I 09>«
13>«
1
DeoemberdeUvery
1 im 113
c.l 11>9 110%
S,
January deUvery
1 ia>»
S 1 ld'4 114^ 1 14H
sales including
KajrdeUvery
o.l 18>8 1 17'4
1 ID'S 119*4 1 l""*
«<
IndiAi corn also advanced, the rise being attributed to
smaller deliveries at Western markets and the very free buying on the spot and for early arrivals, for shipment to English markets, ^To-day the market was firm but quiet.
—
1
.
.
;
1
THE CHRONICLE.
570
DAILT CLOSma PRICKS OF NO. 2 MIXBD CORN.
Man,
Tue*.
Wed. Thurt.
Sat.
November delirery
December delivery
January delivery
48i2
49^4
48=8
48i8
48'8
o.
c.
c.
c.
48%
48>a
477a
49'8
5038
49%
W
2.
5
The
Fri.
SO^a
49>4
oO'e
51»e
4978
4858
50%
1
iVOL.
JUMU.
total receipts at the same ports for the period from
3, 1888, compare as follows for four years;
Jan.
to Nov,
Flour
1888.
12,279,311
bbls.
1S87.
12.753,708
1880.
11,127,824
1885.
11. 572,420
48^3
iS^
MaydeUvery
m
Wheat
bush. 35,611,499 77,69?,430 62,493,525 41,972,255
Oats dearer in sympathy with wheat and corn, but only mod- Corn
36,269,290 41,093.874 70,650,838 74,231,053
34,567,996 31,453,905 33,632,113 38,288,427
erately active. To-day the market was firm and fairly active, Oats
Barlev
3,015.148
3,556.353
4.231,267
4,273,485
OLOSIHO FBICBS OF NO. 2 MIXED OATS.
DAILT
Rye
350,394
661.293
539,486
986,219
Fri.
Wed. Thurt.
ifon.
Tues.
Sal.
SO'a Totalgraln
3014
3058
3014
3038
c.
Kovember delivery
a
109,814,327 154,458,880 171,547,229 159,751,439
3II4
81=8
3118
3118
31>i3
0.
December delivery
a
3268
32>4
3219
32 >«
33
o.
January delivery
The exports from the several seaboard ports for the week
S
35
34 13
Sl'a
34%
c.
v{
34>s
May delivery
ending Nov 3, 1888, are shown in the annexed statement:
Eye is scarce and wanted. The same is true of bu ckwheat.
SxportsBarley is rather more freely cfifered and dull.
Flour.
Wheat.
Com.
Oals.
Peat.
Rye.
from—
are the closing quotations:
1
The following
»LOUB
bbl.
—
•
Sew York
I
Bapeillne
—
5 50
3 85
3 00
3 25
3 00
c.
c.
®140
a 115
Spring, per bn»h...l 07
I
Oats—Mixed
131a
•»1J22
White
ail
®1
1105
®
West'nmlxedNo.2. bl^S
49
®
®
»
BteamerNo. 2
Western yellow....
Western white
c.
67 ® 73
29 » 321-1
SO ® 39
303i9 32
33%9 35
State.^bu.
1 13
Spring No. 2
Bed winter No. 2... 1 12
1 00
Bed winter
Com—West'n mixed.
0.
White
No. 2 mixed
20
No. 2 white
521a Barley5214
Canada No. 1
State..
Six-rowed State....
Btuipta at—
81)
81
88
75
143,164
179,190
44,178'
4,128
Toledo
..
Louis
Peoria
61,353
49,843
9,913
9,583
147.190
19,250^
185,965'
144,070'
23,500
3,370;
129,800
315,000'
45,600
9,000
£7,S68'
25,018
16,719
250.-H0|
2,750,714
304.411
4,451, 980"
.,
2,303,032
1,777,012
2,144,193^
Same wk.'87.
1,618,119
1,120,337
814,393
Samewk.'SO.
Bince Aug. 1.
308,817
3,051,513
1,593,«5'
1,135,130
3.656.204
I
7,533
15,920
35,266
1,120
16,405
868,677
130,673
5,791
119,981
668,1691
474,335
203,522
1,633
67,566
1
w'k.
1887.
14,877,359
42,845.014
32.480.722
28,509,551
32.219,223
9,153,138
3,550,501
28,442,434
9,309,;93
W1886
2,920.693
45,438.240
31,913.490
23,783.502'
l),553.7i5!
this week's
11,000
22,C00
197,313
16,077
31,750
2,689,293
670,824
980,688
flour and grain from the same
18S8, inclusive, for four years
as follows!
Flour
Wheat
1888.
18,415,0«5
bbls.
bush.
Corn
Oata
50,244,696
72,741,671
62,382,710
46,724,756
7,792,569
977.127
71,4e-t.471
54,626,521
8,267,887
2,212,360
Barley
Eye
1886.
9,260,817
1887.
12,752,203
1885.
9,502,670
44,B33,168
83,910,418
47,709,121
6,313,212
1,886,388
52,322,873
70,081,185
44,500,051
8,485,996
1,412, «41
181,802,976
190,618,833
183,052,307
The rail and lake shipments from Western lake and river
ports for last four weeks were:
Week
Ptour
Wheal,
Corn,
Oals,
Barley,
fji
Xye,
enditig—
Nov.
Tt)t.
bush.
bush.
bu-fh.
bbls.
3, '88.
Oct. 27, '88.
»ct.:20. '88.
Oct. 13, '88.
844,459 2,37.i,341
460.725 1,161, 310il, 872,597
486,181 1,303,130 2,029,624
498,764 1,186,371 2,103.137
V,2,i.ll
bush.
1,418.506
1,151,291
1,604,105
1,828,532
bush.
633.465 53,828
625,391 189,230
775,101 139,606
663,791 109,183
3,
1888.
Nov.
3.
5.
Not.
Nor.
6.
7.
Flour
bbls.
265,352
325,472
124,837
126,057
Wheat
bush.
507,563
450,251
194,713
338,551
701,589
339,017
26,532
243,840
343,771
738,398
633,465
53,828
516,810
411.982
1,262,218
3b6,138
30,147
2,735,311
2,587,323
1,600,101
1,687,159
Com
Oats
Barley
1,090,099
Kye
Total
28!<.084
72,366
The receipts of flour and grain at the seaboard ports
week ended Nov. 3, 1888, follow:
Flour,
AtNew York
bbls.
154,109
Boston
68,895
MontnxU
17.170
Philadelphia... 37,337
Baltimore
45,810
Biohmoud
4,550
New Orleans... 23,716
Total week. 351,587
Oor.
week
Wheal,
bush.
Corn,
230,150
626,600
128,420
bush.
Oats,
Barley,
bush.
bush.
5Ci0,lC0 306,850
49,154
13,771
7.634
169,147
180,110 22,910
28.347
9,770
110,614 C6,60O
41,716
17,392
.»...
71,315
441,092 1,030,726
979,534 106,lgO
5,143
69,597
104,702
31,500
'87.. 317,443 l,190,513|ft.987,391 1,250,007 270,405
5.
Bbls.
On.Kingdoni
3. ocC.
Com.
1887.
S«j)t. l.'kS,' Sept. I, '87.
to
Nov.
lSt-8
3.
Buah.
Bbti.
(0
Sept. 1.'88, Sept.l.-Sl
Nov.
to
1887.
5,
3,
Hush.
Nov.
1888
to
5.
Nov.
1837.
BluK
Bush.
1,214.*90
1,885,858
2,541,833
5,850.318
6.820.029
3,010,595
..
58,(>98
l,.30O,288
3.8S9.117
1,917,691
900.128
Am...
172.885
171,921
161,718
4,884
121.253
162,118
lli.tiii
11,281
55,794
173,081
221,637
10
9,3J5
931
81.280
63,»9S
2,000
4,505
6.07;
5,S3.S
830
21,310
7.44i
8,627
10,237
1.789,950
2.381.775
3,!131,3':i3
9,781.520
7,.S46,813
1,103,667
Continent.
Indies.
0th. oountr'8
Total
The' visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake sad seaboard
ports, and in transit by water, Nov. 3, 1888
Albany
Wheal,
bush.
9,434,936
32,100
1,500
Buflalo
3,73?, 181
(JhloaiiO
4,433,738
612,023
772,653
2,059,022
1,270,165
New York
Do
afloat.
Milwaukee
Uniuth
Detroit
*Jswogo...'i
Louis
9t.
Boston
Toronto
Montreal
Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore
Minneapolis
St.
Paul
On Mississippi
On Lukes
Onoaual
river.
4,063,375
78,000
5,615
31,257
273,502
581,287
151,552
411,242
537,286
1,491,508
3,192,912
105,000
327,285
288,000
Com,
•
t
5,2<jO
25,000
170,795
706,524
171,491
92
37,6 16
20,794
9,901
410,000
59,736
21,000
11,851
257,077
8,343
141,575
73,000
61,785
1,689
26,272
16,517
247,816
59 i,457
87,702
331,321
163,582
100,300
2,064,831
1,767,900
62,100
232,021
33,400
9i".402
22,160
114,900
22,600
290,407
56,266
239,729
9,575
158,200
41,600
60,500
741,484 229,8*1
4,141,266 2,924,817
""
'
10,809
28,830
319
54.720 lll,89'.l
71,541
53,762
75,000
208,918 ooo^iYs
15,000
37,000
33,019 396,643
102,385
23,051
3,540
Barley,
bush.
Rye,
bush.
Oals,
bush.
bush.
1,039,821 2,037,312
rot. Nov. 3, '88. .33,095.199 10,773,067 8,5.54,981
Cot. Oct. 27, '88. 33.476.640 11.164,921 8.227.646
rot, Nov. 5, '87. 35,144,574 7,264,553 6,173,934
Tot. Nov. 6, '86. 57,554,479 12,74.5,193 5,008,007
rot. Nov. 7,'85t. 40,797,093 4,430,926 3,756,571
91,116
5,474
11,479
12,712
28,803
13,530
8,400
1,556,616
1,377,213
336.823
"
469,033
593,751
'
220,000
1,786,400
1,647,835
2.003,871
2,479,199
3,211,443
Last week's stocks tliis week's not received,
Minneapolis and St. Paul not included.
;
THE DRY GOODS TRADE.
4 wks. .1.900.147 4,505.270 8,470,699 0,332,334 2,697,748 491,846
Iwks 1887.. 1.860,215 8,293,587 8,010,567 5,739,283 1,769,398 177,557
Below are the rail shipments from AVestern lake and river
ports for four years;
1888.
1887.
1886
1885,
Week
Week
Week
Week
Nov.
to
Wheat.
Flour,
(fe
Totalgraln... 186,815,038
movement
Sevt l.'rS, Sept. 1,'87,
Sxports U>—
to Nov.
to Nov.
Cincinnati
show
--
our previous totals we
have the following statement of exDorH this seasoa and last
By adding
Toledo
18B8
1887
Comparative shipments of
ports from Jan. 1 to Nov, 8,
ioi',32'9
2, 530
.
In store at —
687,130
'88.
2,520
34,286
70,281
13,800
BriLCol'mes
iJM.
327,99a(
4.505
4,437
82.647
Bt.
Tot.wk.
Barley.
i.38»,6ao
Hlnneapolis.
62
94
Bbls.weibs' Bmh.eOibr'BMh.iQlbi Bush.32lhi:[Bluh.'iBU:sBu. 66 lb,
344.317
1,910,034
1,108,757.
90.801
576,475
117,433
312,455'
35.225
227,226
46,430
8,000
3S,080
93,5;l7|
171,210
Chicago
Milwaukee..
Dnluth
Dotrolt
Cleveland.
OaU.
Corn.
81,272
Bush.
2,797
15,855
Bush.
5,729,
3'me time
West
Wheat.
45,0261
23,2781
season;
®
®
a
92
Two-rowed
51
53
85
Buckv/heat
a>
51
53
The movement of breadstuffs to market is indicated in the
statement bel;.w, prepared by us from the figares of the New
Yoik Produce Exchange. We first give tha receipts at Western lake and river ports, airduged so as to present the comparative movement for tho week ending Nov, 3, 1888, and
Since August 1. for eacn of the last three years;
flour.
Bush.
Bbls.
News
Richm'd
rot.
Bye—
85
Boston. ..
Portland.
Moutreal.
Philadel
Baltim'ie
N.Orl'ns.
.v.
OBAIV.
Wnea1>—
Bush.
587,491
95,347
Bush.
$2 85a$3 50 Southern bakers' and
$1509
family brands
3 309 3 85
Spring wheat extras. 3 759 4 35 Kye flour, superfine.. 3 50»
-'
. ^ 2 759
Fine
lunn. clear and stra't 4 85® 6 30
Winter slilpp' g extras 3 80® 4 15 Com meal
np'g extras.
3 109
fXXa • XXX. 4 25 a 6 00 Western. Ac
XX and
Winter
Brandywlne
6 003 7 25
^ 3 30®
Fatenu.
3 20® 3 75 Buckwheat flour, per
super*
Bontbem
2 759
100 lbs
3 859 4 40
Sonth'n com. extras
V
Fine
NEW
York, Friday P. M., Nov.
The past week has presented ssant materials
for
9,
1888.
a review of
the dry goods market, the politicil excitement which culminated ia the Presidential and other elections having almost
wholly paralyzed business in the fore part of the week.
The last two days have, however, developed a slight improvein the demand for seasonable goods, and there was a
greatly improved end more hopeful feeling towards the close
ment
There were comparatively few out-of-town
package buyers in town, and personal selections at first hands
were consequently light, but re-orders by mail and wire were
more frequent than of late, and a batter supplementary de''Ve,
bush
and winter fabrics is expected by agents for
5,050 mand for fall
domfstio manufacturers and impoiters in the near future.
jobbing trarte opentd quiet, but a veiy fair business in
3,600 The
6,087 staple and department goods has been done by leading jibbers
600 the past few days, despite the unseasonaily mild weather
whicli has prevailed in wide sections of the country.
Domestic Cotton Goods, The exforts of cotton goods
16,237
2,429 from this port for the week tndicg Nov, 6;were l,302Jpaokof the week.
for the
—
1
NOTSKBIR
.
.
:
THE CHBONirLE.
10. 18^8.
671
Thwe Rhipmentn include 668 to in holi day handkerchiafa, fancy good*, fto.. lM?tnc
anef, TAlued at $76,070.
No offering* of apisolal importuiM war*
British EnBt Indies; 103 to the West Indies; 05 to South Amer- almost neglected.
made by the auction roooM, and low prloee w*i« obtaiaed for
icft; SOtoEDRland; 4ft to Mexico; 42 to Central America; 80
Since the Ist of Jan- meet of the goods dlapoaed of through their madlnm.
to Europe ami 72 to all other countries.
124,187 packnKei, valued at
arv thp exports ajfgreKate
Importatlona or Dry Monda.
had 40,7fifl pHokafcee, valOf this total China has
|7",640,ft!^5.
The importations of dry goods at this port for the w««k
packages, valued at |1,920.610,
ued at .'|!'2,049,0.')2, and 29,716
ending Nov. 1. 1888, and ainoe Jan. l.and the sume facte for
have gone to South America. For thH same pnriod of 1887
the corresponding perio<l8 of last year are a* followi
the pxiinrts to all ports were 161.497 package", valued at
|9.773.:t:!i». of which 77,8.58 packaRPs, valued at |«,B7S.880 went
to China, and SS.O.M packaKes, valued at $3,511,922, to South
America. To the correspondinjt time in 1886 the total shipments reached 178.662 packaKes, and in 1885 were 155,889
°i I
1=
packages. At first hands the demand for ntaple plain and
R S2:
S
colored cottons was confined within narrow limits, but there
was a oteiidy movement in eome descriptions, as brown sheetStocks
r I:
:::::?
ings, cotton flannels, etc., on account of back orders.
of staple cotton goods continue well in hand, and such makes
as govern the market are steadily held by the mill agents.
Print cloths continue quiet, but pricas remain unchanged on
the ba>is of 8 13-16c. for 64x64s, and &^c. for 56x60«. Stocks
last Saturday and for the three previous years were as follows:
Imi
i
i
:
i
iiiii^
B
CO to
1887.
1888
Sloek of
FHnt Clolhi—
Providence iiiainiCrers.
Fall Kiver niiiiuifnctiirerg
Held
3
3W,000
17.000
None.
None.
Ntir.
tiy
ProxliiciK'O siJecnlators
Outslile speculiitors (est)
S6.000
Total itook (pleoea)
5.
A'ot'.
1886.
Aor. 6.
oa
1885.
nnv.
sVra'aU
7.
48,000
44.000
75,000
31.000
72.000
42.000
15,000
232.000
196.000
250,000
75,000
360,000
160,000
753,000
193. 0(
-
liU— to>o
re
Calicoes, also printed and woven cotton dress fabrics, as
ssteens, ginghams, seersuckers, chambrays, etc., ruled quiet
HH regards spot goods, but eome fair orders for spring makes
were booked by the commispion houses.
Domestic Woolen Goods. The demand for men's-wear
woolens at first hands was coneipicuously light, but agents
continued to make steady deliveries of spring cassimeres,
worsted suitings, overcoatings, &c., in execution of back
orders. Cloakings, Jersey cloths and stockinets were in
moderate demand by the manufacturing trade, and desirable
makes are steadily held by the mill agents. Heavy satinets
have met with some attention from the clothing trade, but
actual business was restricted in volume, and Kentucky jeans
and doeskins ruled quiet. Soft wool dreps fabrics were in
li^ht and irregular demand, and dealings in flannels and
blHnkets wer<5 strictly modirate. Carpets were in light requt ft, but prices are steady and it is probable that a somewhat
iiigher range of values will be developtd next month.
FoREioN Dry Goods were very quiet in first hands, selections having been almost wholly confined to such small parcels of seasonable goods as were found necessary by jobbers
for the rt-newal of a»Portments. The jobbing trade in importedgoods was quite sluggish, other than a few specialties
<
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ccco
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msitratijce.
EQUITABLE LIFE
ASSURANCE SOCIETY.
Ortranlied A. O. ISM.
JAN.
1,
1S8N.
_
Assets
LiabUlties,
$84,378,904 85
66,274,650 00
4 per cent
»M AND
IBS
BROADWAY, NEW YORK.
TO JANUAUY
York.
Prealdant.
\^
ouvc;iiD
MANHATTAN
(OBaANIZBD3IIt~l8S0.)
& 263 Broadwaj, New
atourso
-
01-
LIFE INSURANCE COIHPANT,
IN -rajS CITY
GEO. H. EDBFORO,
MX MU"^
£ SS
00
— _»OiO
THE
States Lift
Insurance Co.
OF NEW YORK.
00
cooatouo
<tZJt
jbnsntancje.
ll'ttsttrattce.
S61, 2C2
'sv^
10 10 1^00 00
«bi
i
—
The United
C!"
IS87.
1.
Premlnms received
Vn.748.115
Claims paid to policy-holders, returned
M,O0A.7Oe
premtams. dlrfdends, etc
11.SMH06S
Asaeu
DKSCKIPTION-One of tbe oldest, stronReat. beat.
POLICIES— Incontestable, non-forfeltable, dedoIte casb Nurrender ralaes.
RATES—Safe, low, and pertlelpaUni or not, as
desired.
C.P.F'&AijctGH.Seo. ^A.Wheki.wbiCht. AMt.8eo.
Wu.
T.
Btandin. Actnarr.
INCRCASI IN ABSBT8 OVXR
Increase in New Busiskss. - INCBEASE OP Business in Force.
-
New Assurance
$138,023,105 00
S483,029.,562 00
Paid Pollcy-Holders In 1887.. $10,062,509 81
Paid Pollcy-IIolders since organization
$106,610,293 34
Total Income
$23,240,849 29
Premium Income
$19,115,775 47
Increase In Assets
$8,868,432 09
8160,000 Outstanding Assurance
•
-
$18,104,254 85
Surplus
40 per
ceDi.
V.t,400,UO0
POLICIES INC0NTE9TABLK.
CLAIMS PAID PROMPTLY.
TEN DAYS' GRACE.
ABSOLUTE SECURITY.
AsseU to
127
liabilities...
Th« most
connlHieiit
clplen.
llberni and equitable oontraet
with recoKnIzed buttlnens prin-
The
OOOD AGENTS. deairtnK
to
reprsMnt the Com.
I..
GAPFNKT.
psnr. are Invited to address J. 8.
Bnnerlntendent of Airenfitei*. at Home Offloe^
UNION MUTUAL
Life
M.
Investors'
Insurance Company,
PORTLAND, inAINE.
INCORPORATEI) IMS.
E. DE WITT, Freeldent.
lit pirtns are varUd and adnptfd to nil rtrr^irrutancff.
Thert) U nothtnK In Ltt> liiHurance which It does
not ruriiisK cheaply, protltxhly una liitt^llJiiibly.
Send to rbe ompany's Himio wfllee, HurlI»n(1.Me..
or any ^'f its Ajients for putilicHtlons (le^crlblng its
*
POLICY, CLASS "A." and other
Jtfain«
forrrw 0/ Bon.t
alto for pamphlet explanatory of the
Nim-ParfeHwt Law, and tor ll« of elalmi
Polic^et:
paid bhereunder.
percent
Agency,
8CUDDER, JR.. PROPKlBTOB.
LA BALLS ST.. CHICAGO. ILl.
S40
careful and selected.
M
U
OB)
LT
Direct Line to France.
GENERAL TRANSATLANTIC CO.
YORK and BATRB.
Belwcen NETT
From Pier (new) 43. North
Hirer, foot of
Morton
St.
LA NORMANDIB. de Kersablee .Not. in, 10 A.M.
LA OA8COGNB, Santelll
Sat.. Not. 17. t AM.
LA BOURGOONE. Franseal...8at.. Not. M. A.M.
.
Keparta Ooncernlnc Aflairs*! Carvarmtlaas
BAtUIOADS ESPaOLAIXT.
tisn* Ubrarr Railroad Docomanu.
Competent Experu
C
nfldentlal Reports,
^
Moderate Ohams,
Send for
rtrwqlsr.
JOHN
MAINE LAW CO.NVBHTIULK roLICY, CLASS
"A." or Us 7 PKK CE.VT GUARANTKKl) BOND
>s
RISKS
HKO.UI'T. liberal deallnx.
General Agents and Canrassers wanted In desir-
able territory, to wbora permanent employmeat and
liberal oompeosatlon will be aiven. Add r ess,
JAMBS M. McLBAN. President.
T..Pre».
II. B. Stokes.
J. L. nalsey. l9t V,-Prp».
.<4'<T«etar
H. .\. Si.-ohins ActUArr.
HL Y. Weni
Staten
Island Securities
A SPECIALTY.
Gam, Railroad and Kleetric I.lcht C«.
l*lnoks.
GEO. B. RIPLKV,
66 Broadwejr. |tAon«
!*
TraTelers by this line arold both transit by Koa.
railway and the disoomforu of orosalnc tao
Channel In a small boat.
PHicsor l>AasAOi(lnclodln« wine):— To Ha» i »
First cabin, f 100 and $»>: second cabin. I<W: stears«e, tM— Includlns wine, beddlnx and ntanslls.
Return tickets at much rednoad iBMa.
Ilsb
Specie Trmin n-oaa Harr* !• Paria.
The Oompacnle Oenerale Traasatlaatlaae deHr.
ers at Its oOos In New York spooial tlokats frea
KaTre to Paris. Bacsaae cbeoksd tbrooab to Paris
without examination at HaTra, proTtdod paseaiMl st s
hare the same deUTered ai tbaOompaar'sdoaklB
New York. Pler4«. North RiTer. foot oTMoitoaM.,
at laaat two hoars before the departura of a slaaaar.
A.
8.
VOBeBT, A cent.
No. • Boivllnc Or—m,
THE CHRONICLE.
572
and Wov^SVl
Cfattajftiau
[Vol. XLVII.
iJaufes awfi %vivchtx&.
CANADIAN.
FOREION.
Bank of Montreal.
^0rjei0ti.
TUB
&
Heinemann
[XBTABLI8HXD
OH PIT A I. Paid In
HUKFLCS - •
1818.]
812,000,000 Gold
S«,000,000 Gold
HmuBir DONALD A. SMITH, President.
W
Noa.
BUCHANAN, GtenenaUuiweir
J.
68 Sresham Honso, £i C,
Railway Share Trust Co.
-
(LmiTXD-),
H*. «
BANK
B17II.»INeB
LONDON, ENGLAND.
NMW YORK OFFICII:
£9 & «1 WAMaI, STREET,
liONOON.
Solicit aooonnts and agencies of Banks, Kailways
Corporations, Firms and Individuals upon
favorable terms; also orders for the purehase and sale of Bonds, Shares, Ac„ Ac. on
the Stock Bzohange.
Intereat allowed on Deposits, subject to eo-dayi
Bank of Bngland rate, and
one per oent below that rate saMect
Bight drafts, at
WALTIB WATSON, > • „«.,
Capital Paid Up, JB9T1,8«0 SterUnc.
and Cont'-utntal Exchange
and Cable Transfers grant Commercial and Travelem' Credits, available in any part of the World;
•sne drafts on, and make coUectlonB in, Chicago
and thronghont the Dominion of Canada.
Bar and
Co.,
»eil Sterling
demand drafts.
Negotiate Railway, State and
City Loans.
;
This Company nndertakes the
te Loanj
Issues
Iiondon
Olllcct
No. HH Abdiarch liane.
•
•
....
the mat-
In
or Registration of Btoeks in London, or otherwise.
:
American Railway Shares,
for repiistration in the name of the Association,
and issue its bearer certiticatcs, countersiKned by
the London & Westminster Bank, against the deThis registration secures the
posited shares.
LONDON, BNG.— The Clydesdale Banlt (Limited.)
grompt payment of dividends in London, and comA.
NKW YORK—The Bank of New York, N. B. Letters ines the English voting power in one block.
A general Banking business transacted.
The cenilicates of the Association are exchangeot
Japan and
Credit issued, available In China,
Other foreign countries,^
Now York
Agency, No. 61 "WaU
HBNRT HAGUE,
lAients
JOHN B. HARRIS, JK.. $*""""•
Street.
Imperial
CAPiTAi.
SURPLUS
H.
8.
Bank of Canada.
(piiidup)
HOWLAND,
SI.'?".!!!!*
able for the negotiable shares on demand, free of
cost. Holders of certiticates can make them good
only to themselves by signing their names in the
space provided.
Registration fee 3d. to 9d. per share, according to
value, and includes insurance to and from New
York.
Full particulars may be obtained at the ofQce^ of
the Association
The Association also obtain registration in owners' names and collect dividends by power of
„
SAMUEL POPE. Q. C, Chairman.
JOSEPH PRICE. Managing Director.
T, UNDLEV. Secretary.
attorney.
600.000
T. R. MERRITT, V.-P.
Pres't.
D. R.
HKAD
-
-
WILKIE,
Cashier.
English Association of American Bond and Shareholders. 5 Great Winchester St., London, E.C.
OFFICE, TORONTO.
Branches ix Ontario.— Essex
Centre, Fergus,
Gait, Ingersoll, Niagara Falls, Port Colborne, St.
Catharines, St. Thomas, Toronto (Yonge St. Br.),
Weiland. Woodstock.
BllANCHEs IN NORTHWEBT— Winnipeg, Brandon,
Calgary, and Portaye la Prairie.
Agents
iu
London;
AcrnTitB in
I
New Vnrk-
Lloyd's Barnett's & Bos- bank o» Montrkai.
"-^^ "' MONTRBAI..
anquet's Bank, limited.
Collections promptly made in any part ol Canada.
Dran'ere of 8torlins Exchauge.
OF
PUBLIC ACCOUNTANTS,
Ne w Yo rk.
THB ENGLISH ASSOCIATION OF AMERICAN
AtTOBBW ALLAN, Bsq., »»re8ldent.
BORBHT ANDBK80N, Esq.. Vice-President, BOND AND 8HARKH0r.T>BBS (LIMITED) receive the Shares of American Hallway Companies
GEORGE TTAOtJE. General Manager.
JOHN GAULT, Branch Superintendent.
BANKERS
American Association
Incorporated Anguat 20, 1887, Under the
Lan^sland Statutes of the Htate of
Cable Addrese-PATT, IiOin>oil.
$5,799,200
1,920,000
HEAD OFFICE, MONTREAI..
Winmici^l,
approved Railways, negotiates and
payments of Interest on Loans, Dividends on
OF C4NADA.
Capital, Paiil Up.
Besenre,
of Trustee
Loans on the London Market, acts as Agent for
Hallways and other Corporations, either
ter of
The Merchants' Bank
of
butneu
&
Co.,
Blake, Boissevain
ENOL.A1VD.
LONDON,
The business and
objects of this Society are to
associate into a Society or Guild, the best and
most capable Puhlic Accountants practicing
the Dnited States, and through such Association
elevate the profession of Public Accountants, as a
wiiole, and demonstrate their usefulness by compel
ilug an examination as to fitness, and the observance of strict rules of conduct as a condition ef
membership.
OFFICEBS:
President—JAMES YALDKN, New York.
VIcc-Pres.-JOHN HKINS, Philadelphia.
Sec.-JAMES T. ANYON, New York.
Treas.-WM. H. VBYSKY, New
COUNCIL..
York.
T. Anyon, N. Y.
Mark C. Mirick, N. Y.
Louis M. Bergtheil, N.Y. Rodney McLaughlin, Best.
William Calhoun, N.Y. C. H. W. Sibley, N.Y.
George H. Church, N.Y. William H. Veysey. N.Y.
John Heins,PhiladeIphia. Walter H. P. Veysey N.Y.
James Yalden. N.Y.
James
•.FELhOWH
iJt
UHE ASSOOIATION.
James T. Anyon, Louis M. Bergtheil. Thomas
Baeot, James Cox, William Calhoun, George H.
Church, C.W. Haskins, R. F.Munro, Mark C. Miriok,
C. H. W. Sibley, Henry M. Tate, William U.Veysey,
Walter H. P. Veysey, James Yalden, New York
Richard F. Stevens, Jersey City, N. J.; Horace D
Bradbury. Rodney McLaughlin, Heury A. Piper,
Boston. Mass.: John W. Francis, John Heins, Henry
Kelly, Philadelphia, Pa.; Eric M. Noble, Washlngj
ton, D. C.
OOlces ot the Association, No. X\tO BroadRoom 31 (Oth Floor). New York City
war,
I
AGENCY OF THE
Bank
don and Amsterdam Bzohanges,
pondence with
OP
British
State and City loans.
orders for Bonds, Shares, etc., on Com
mission, and transact a general Banldng and
ComLmission Business.
8reclal attention given to the ezeoutlon of
orders for Securities on the New Tork, Lon-
Negotiate Railway,
Execute
in corres-
&
North America. BLAKE BROTHERS York,CO.,
Nasean Street, Netv
But and sell SterlinK Excfaanee and Cable Transissue demand drafts on Scotland and Ireland;
also on Canada, British Columbia and San Fran-
fers,
cisco.
CIItrnT.AR NOTKH Issued In Pounds Steravailable in all parts of the world. l^OAI*
iMKKClAl^ CKKDITS ISSUED for use in
linjE,
38 State Street, Boston, RIaae,
AND
._._A.
MCTAVI8H,> Agents.
STIKBMAN.
I
D. A.
H.
&
AD01.PH BOISSEVAIN
Aiii«terdain.
Europe, China, Japan, East and West Indies and
the Brazils. Uiver Plate, &,c.
Bills coUocted and other banking business transacted.
creditors carefully arranged.
NOTARY PUBLIC.
STOCKS
(LIMITED).
The Bank of Australasia.
Telegraphic transfers made.
Deposits received In London at interest for fixed
periods, on terms which may be ascertained on application.
PRIDBAUZ BBLBT.
Secretary.
LONDON- Head OfHcc, 3 Angel Court.
SAN FKANCISCO Office, 200 Sansome St.
& W.
J.
& Co.
BOSTON Correspond'ts. Massachusetts N.Bk.
Anthorlzed Capital,
Pald>up Capital, Reserve Fniid, - - -
96,OOi>,ono
l,n 00,000
'
500,000
-
Transact a general banking business. Issue Commercial Credits and Bills of Exchange, available In
all parts of the world. Collections and orders for
Bonds, Stoclts, etc., executed upon the most favorable terms.
FRBD'K F. LOW,
)
M»n.>»«r.
Managers.
P. H.
IGNATZ 8TKINliA(W,
LILBNTHAL, Oaabler^.
J
BONDS
RBGULAB AUCTION
of all olassea of
STOCKS AND BONDS
ON
WBDNBaOATB AND 8ATDBDAT8.
ADRIAN H. nii;L.L.ER &. SON,
No. 1 PINE 8TREET. NEW YORK.
Investment Bonds.
FOR SALE:
Bills negotiated or sent for collection.
Anglo- Californian Bank
and
At Auction.
BALES,
£1,600,0(X)
Paid-up Capital
800,000
Reserve Fund.
Reserve Liability of Proprietors
the Charter - - . - 1,600,000
under
Letters of Credit and Drafts issued on any of the
numerous branches of the Bank throughout Australia and New Zealand.
FOREIGN.
OKK Correspondents,Sellgman
HALL.,
Boston,
ACCOUNTANT.
ke Undersigned bold
HoUand.
4 Tbreadneedle Street, Iiondon.
\
St.,
Books and accounts audited and adjusted.
Settlement of insolvent estates en behalf of
CO.
(Incorporated by Boyal Charter, 1835.)
NKW
FRANKLIN
244 Washington
6
STREKT.
No. 52 IVAIdId
WILI.IA1H
Brooklyn
& Montauk
50-year
new 6s.
Water Company Ist mortgage os.
Urst Mortgage Railroad Bonds, 6s. to pay Investor
from 4H to 8% per cent.
First-class
W^ ANTED:
Hong Kong &
Shanghai
BANKING CORPORATION.
»7,500,n00
Pald-op Capital
4,000.000
Reserve Fund
7,5i)O.OO0
Reserve Liability of Proprleton
The Corporation grant Drafts, issue Letters of
Oedlt for use of Travellers, and negotiate or oolleot
Bills payable at Bombay, Calcutta, Singapore,
Saigon, Manila,
Hong
Kong,
Foochow,
Amoy,
Ntngpo. .Shanghai. Hankow, Yokohama, Htogo, San
Francisco and London.
AKCMt, SO DTall St.
A. n.
TOWMMKND
Columbus t Toledo 1st 7s.
Ohio & West Virginia Ist 78.
A. E. HACHFIELD,
5K Pine
Street,
New York.
Walsh & Floyd,
STOCK BROKERS,
No. 26 BROAD STREET, NEW YORK
Nicoli, Floyd, J»
James W. Walsh Jb
@FedFRASER