The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
{ Entered, according to AoS o f Congress, in the year 1893, by W x. B. D ana & O o „ In the office o f the Librarian o f Congress, Washington, D. C.]
Y O L . 57.
S A T U R D A Y , N O V E M B E R 11, 1 8 9 3 .
S h e C h r o n ic le .
NO. U S1.
W*tk Ending N u mber 4.
1892.
ir«fc End’d Oct. *8.
isy
Ip. Omt.
-23*7 S15.SU,9t8 _S8'S
T e r m s o f S u b s c r ip t io n — P a y a b le in A d v a n c e :
*" v?4i*......... »lwr«.
f+WS!
F or One Year .............. ............................................... .......... $10 00
( G r a i n ................ b u e t u i r . . jt o m
iZ&,n4jm} 1-W8
m
tj 00
F or Six M onths........................... ............................................
—11"5 79,032.849 - 2 5 * 7
B
o
s
t
o
n
...................................
ioi»,797«0e?
European Sulnurrtptlno (including p ostage)..................... 12 00
4.505.309
5,969.500
5 .761.8-H*
—19 5
:e® .........................
-1 8 * 3
Eornjw-an Subscription Six Months (!oeIud!n(r postage).
7 00
H a r t f o r d ...............................
1,043,007
—4*4
Animal Subscription In Iajtnlon (InohitUug postage) — £ 2 10*.
-1 7 1.317.502 =8?
New Heron...............
1.036*910
Six Men,
do.
do.
do.
___ £1 10®.
iM H jm
i M t .m
SprinsBe.d ................
-o-9
-32 H
KOMMS
IJMnjHi
T he istrea ro m ' « w h .k s w t o f 160 page* is Issued every other W o r c e s t e r ........... ..............
-S 9
%mmi
m 44,000
. „
month, on the last Saturday* o f January, March, May, July, September rP»ortions....
! l i l l , o r ...........................
—2l*«
and November, and fam ished without extra charge to all subscribers
S e w Y o r k ..........................
o f the CBMwmKxs for . l x months o r longer.
The Statk asto C t f f SuwuoH onr: o f 184 pages is also given to every
pearly subscriber o f the C M *»5tcte.
Bnbscriptkms will be continued until dednltely ordered stopped.
The pubiiiljers cannot be respoKslbie far rem ittance* antes* mad® by
drafts or by Post Office or K xn m is m oney orders.
File covers are sold at 50 cents each, and to new subscrltiers fo r a
year one die oovor is supplied without charge; postage on the same Is
IS ecu is.
L o w e l l ....................................
New Bedford..............
O n e tim e ............ ................... $3 40 I Three Months il:5 tim es). $25 00
One Month
(4 tim es).. 1 1 0 0 ! Six Month*
(20 •• i . 43 00
T w o Mouths
(9 "
).. IS 00 |Twelve, Months (52 •* ) ,. 5 9 0 0
{ T h e above term* for one m onth and upward are for standing card*.)
London Agents:
Messrs. E d w ard s A S v iffl. 1 Draper*' Dardens, E. C „ will take snbaCTtptton* and advertisem ents, and supply single copies o f the paper
a t Is. ea«t .
william B DAPA.< W ICLIAtl B. I> l> .t Sc t'o.j I»nbll.!»er*,
’
1 0 2 W i l l i a m S t r e e t , N K tV Y o l C K .
long o. r t o r o .
P ost Oi+fcs Box 9SS.
1.4 70, VAN
it sT*lo.......... a...
H o O b e e ie r ........................... .
W iim in trton .......... ..
B '.m t m a n t o n . .. ., , .. ........
u w A o k e e ....................
I ( " t r o l l . .................... .
•veiend . . . . . . . . . .
CMlambn*,...........
(rid!»«*jx>l>*..........
I '- o r m . . . ........
..........
Or»o<t it»t> ld s.........
Lextamon.................
.....................
Ax rod.......................
SertaMMdiO.. . . . . . .
Flew Y ork..... ........ ...............
Boston .................. ..... ........
W m k Ending K& m m txr 11.
1892.
P t r Cent,
A1baqatrouef-.
.
Total Psetflo... ... .
W.HcfiJ 50
H&&JS40:
072.131
3 K
-41 0
—4*2
+W 2
1.001,175
-3 0 7
m mum* m .m u tm
i.7x9.U*i jj« *
* J M r , 39 V.
bjm <m
t.&KMWO
0J34.U7,
urnM*)
1.17:5.7 H
415,87 *
88SS?
254.184
BAltlm ore-----------------------Cklenjo ............................. ....
Bk. Lents ......................—
K art O rlsens......... .. .............
-23*3
-11*0
—24*2
-1 8 8
+12-4
+ 003
+7 0
Sown clilA*, 5 d sy. ...
Other cities, 5 0*y* ..............
*831.172,2*4
i 29.0 i *,278
*789,323.71*
X8O.1O1.408
—20 0
-2**2
Total all e lf «?#, 5 rlaya .
AD cities, 1 d a j__ _. . . . . . . . .
1757.138,517
102,703.838
*010,*23.322
233,748,501
-20*3
-23*8
MrnnarfleW. M o . f . . . . . . . . .
T o t a l O t h e r W e s t e r n ..
1019 970 135
*1.1OT.3«0.883
-20*9
8 t . jU m ia ..
N ew O rle a n s
l/o n is T tlie .
O a lV M ton .
H o u s t o n ..
R ic h m o n d .
N a a h T tlle .,
•^tyannah
M om p h i*
..............
A t la n t a ............ ..........
N o r fo lk .
D a lla s.
D e n v e r ......................... .
D a la t h ....................................
St. Joseph......... .........
s...ox<;itr...... ............
D «» M o in e s
L la o o ln .
w jo b lU ,
T o w k l t . . . ............
F r e m o n t , . ..............
H u c b f n s o n .f . . .
—29*3
—*9*1
-31 8
-8 4 - 9
-29*0
r !3i
*8MM> = lfl
m jm
— l ‘6
160,000
-20,
19,230,7*72
15.027,588
m
m
M,0t8,5.»
-2 4 7
5T.99I.AS3
-32*0
n%ini
Ifal
40 0
8.2 a* .38 ?
1 331.239
**^S?
~w> 5 3 3
m 027,290
11.041.650
4 :i"8 ,»5 2
5.161,180
2,937.»U0
1.01>. 31
1,712.082
708901
£78851
179.000
«1 J4.771
120,393,3.-5
-2 1 * 9
-2 4 * 0
— 10*7
-19*5
m
-3 1 * 5
-1 4 * 8
—21*7
= i?
17&MB
500/181
855,829
iH®
-S.e
-6 41
-60 8
-firs
km
-0 0 8
-02*8
i-2*7
riix6 i
i.OOO.Wt
-fj'8
sih'.m
m,n?
~ i s ;i
iiZmjm
—40*7
vi£l£h
+ 9 «
-2B-*
-m M m
8.821/407
5U&1.74*
m
s
685,697
li.WI.8i2
11AU.0S.
e.ew.isi
-l !4
B.3I5.BI0
T.CM.I *6
tjSiJ.Ta.)
3.ia.vtro
a.iUr.D.u
9,212,4»b
UIW.374
1,437.13)
SX&
302.753
T o t a l a l l . . . . . . . . . . . . . . . . 1.082.097,7 I
f
o r k 'l 6 4 . 0 0 8 . 8 i ?
«(W L «i
4-i..»3
311,107
*.8.158
100.0U0
1 , 1 11,535,082
W f ji V .'M
*
m 'Ttitreal . . . .
:::.
H a m ilt o n
T ota l <
* N o t l a o la d e d l a t o t a ls .
-2 0 0
=m
-50*3
R .r t W o rth ‘ . ’ ‘
*
B ift D iu fifh a r a .,,..
C h a t t a a e o ir a .,,.,
l a o k a o n t l l f e ..........
............. .. _ _ .
T o t a l S oT U hern. . . . . . . .
09.843,24 7;
bZ ?S £
3-3 E1 6
-1 0 1
i.m jm s
if itSLiO-J?**. . . . . . . .
O u t s id e N e w Y
1
T*S
2,919,929
4 6*23.10?
St. Pent........
-2 4 0
-*••3*4
-1 8 &
t ,051.141
%]mrm
*528.129.0*5
70,S5;.o*a
60,5*r,393
11,835.824
82.208,000
20.7*4,670
10,2)0,038
Die fall details of clearings for the week covered by the
above statement will be given next Saturday, We cannot, of
c o u r s e , furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above tire last twenty-four hom’d of the week have to be
In all caaea estimated, as we go to press Friday night.
Our Usual detailed figures for the previous week, covering
the returns for the period ending with Saturday noon, No
vember 4. a* well a* the Comparative t date in 1892, are given
b low. The aggregate exa'tanger show aa increase of ub>ut
One hundred and twenty » -ven million dollars over the pre
vious «c-'k, the gain at New York being seventy-two millions.
Contrasted with the corresponding period of 189'?, all but ten
of the cities rrcord tomes, and in the aggregate for the whole
Country there is a drerea e of 23'3 per cent. The most im
portant pero ntages of decrease this week have been at Bir
mingham, 77-3 per c-nt : Spokane, 72‘8; Nashville. <H'9; Ta
coma, 80’8, and Dancer 60 per cent.
-IT*
-32 2
-II 0
ir n tm
8,853,712
A M W city .
V n D B B p o il* .
) a . * b » ..........
M04.0SS.1PI
eo.ss«.23a
*2.807,560
' ,71 7.50*
77.1*68.1(10
70,?60.*38
10.0S9.i30
Totel ell r ltt,, for week
1*^12,940
T o t e ) M id d le W e s t e r n
The following table, made u;> by telegraph, etc., indicates SeaPmaelMNkv..,. . . . . . .
that the total bank clearings of all the clearing houses of the | . u L e l e C i l V t . ’. '.'.',
Tacdusa. . . .
United States for the we-k ending to-day. November 11. have Lyf*
Anm\m,
been $919,930.13), against $1,082,097,773 last week and $!,- H e ! ....
■niofciioe
163,160,8*3 the corresponding week last year.
SSSM
S£“:
Kfvr* •*..
18»3.
80,161.940
Total Sudani,,..-------
Bat City*.................
CtSAtUNOB.
R t t u n u 1-v Tr'tvrapK
-5 1 8
770,«W __
478,727
121.R.8,755 U l M H B
W ashington.......... ............
i »nbm..................
CLE A R IN G H OUSE RETU RN S.
In im
9VS»
S rrw caM ,.,....................
Term* of Advertising—(P er inch space).
017,1*8,933 808,7*^623
p M ls d e ip b u t ................. . . .
P iU otm n t...............................
ft J t i m o r e .............................
T o t a l N o w JSw rbm d ..
P, Cmi
f P u b li c a t io n d l ac m t l a u a d f o r t h e p r m m i.
THE
764
C H R O N IC L E .
'V ol. LA II.
probably have would be first to replenish the gold
reserve, and that in turn would act as a helpful influence
upon all industrial affairs. The public to a consider
S T /* T £ A W C IT Y B J W m v T E N T .
able extent at home, but particularly in Europe, watch
that
item quite closely. Under the organic change in our
S e e p a g e s S I S , S I 9 , 8 2 0 , S 2 1 a n d S 2 2 for our State
financial
status which the repeal of silver purchases has
and City Department.
wrought,
we cannot think, however, any one ought to
A ll advertisements with relation to State and City Bonds
look
upon
the present temporary decline in the gold
will likewise be found on the same and following pages.
reserve as of much moment. To express our views
briefly we would say (L) there were special conditions
TEE FINANCIAL SITUATION.
never likely to come into conjunction again which
The event of the week has been the elections. Gen caused the loss; (2) the dominant power among all
erally on such an occasion there are some persons one these influences has been removed ; (3) the policy of the
meets that are unhappy over the result. This year we Secretary is to restore the fund to its old limit as soon
have yet to come across the individual who has not ap as it can be done conveniently, and (4) the Government
peared to be pleased. Good government was the only now has the unfailing resource in any emergency to at
issue in this neighborhood, and it won. It won too in once collect all the gold it wants by an issue of bonds.
a most emphatic style. In Brooklyn it seem3 as if all Moreover we are making progress in a business way
voters were of the same mind ; the opposition hardly now. Some people have lost heart because Wall Street
put in an appearance. Naturally enough the general hesitates. Hesitancy there should not create surprise.
exhilaration was claimed to have given a little impulse The situation of the stock market is n itural and the
to Stock Exchange values. Be that as it may, there cause of the uncertainty in values is obvious. Railroad
was an upward movement the first half of Wednesday, earnings are the gauge of values—who knows whether
but it did not hold through the day; since then the stock dividends can be kept up to their present level ?
market has disclosed a variable condition, fluctuating The World’s Fair has closed; that has been a source of
constantly, with on the whole a downward tendency. revenue to our carrying industry, but is so no longer.
Secretary Carlisle has been in New York this week. What is to take its place as a producer of railroad
As might be expected his presence has elicited discussion traffic ? We have said all along that trade would de
respecting the Treasury condition. The fact is, too, that velop to meet the need, and it will. The movement
the cash balance further declined to near 100 million must be slow the next two months, but the develop
dollars, and yesterday was reported slightly below ment has begun already. Clearings afford evidence of
$100,000,000. This circumstance and the occurrence this, though of course they form a record only in small
of a social gathering on Tuesday night attended by part contemporaneous with the growth of the business
the Secretary and some of our leading bank Presidents they purport to represent. We showed the character
have given rise to suggestions of solicitude with refer of this improvement last week in our monthly review
ence to the financial situation of the Government which of clearings. Compared with September the October
however the facts do not warrant. We all know that total clearings indicate a relative improvement of 5T per
the revenue has fallen off during the late months of cent, and outside of New York o f3 -6 percent; and com
business depression. That is no new thought; we set pared with August outside of New York the October
out fully in an-article last week the state of affairs in improvement was 6-7 per cent. Since the first of N o
that particular, and at the same time showed likewise vember this tendency has made further progress; for
that the revenue will increase again as business recov the week ending November 4 the total was 2-3 per cent
ers. Moreover, it is important to note that the recent better relatively than the same total for the month of
reduction of the Government balance has not been due October, and outside of New York there was also a
to the small revenue; that is to say, it would have be on small comparative gain notwithstanding Chicago
in good part avoided notwithstanding the small reve showed a loss for that week compared with a
nue, were it not that so many worn-out bank notes, year ago, when the preparations for the Fair were in
which are accumulating in New York rapidly now, progress, of 24 per cent. Those figures are certainly
have been crowded on to the Treasury for redemption encouraging.
much faster than they could bo sorted and renewed and But besides that evidence of a general character
returned to the issuing banks. This action of the re there are other evidences of a like import. Some im
demption law has during recent weeks drawn several portant trades are showing signs of development. We
millions of dollars of cash out of the Treasury which refer below in this article to the iron industry ; there
cannot be recovered from the numerous banks to whom appears during October to have been a small addi
the notes belong until new bills can be got into shape tion to both the number and capacity of the furnaces
in blast, and the latest reports from the iron market are
so as to be substituted.
There is nothing in all this that should occasion any also a little more favorable. So, too, the dry goods trade
concern. It relates to a natural movement which is looking up a trifle from week to week, and though
causes the Government' temporary embarrassment. No this has been a broken week, improvement is noted.
doubt our city banks will hereafter modify their prac But more important still are the results of the October
tice respecting bank note redemptions so as to gross railroad earnings. We give our usual article on
relieve the Treasury Department from this special dis a subsequent page. In August this year the total loss
turbing influence. If the Clearing-Hause institutions, compared with August, 1892, was $6,344,348 ; in Sep
as well as the Government, would also in the future tember the loss compared with S jptember a year ago
nse gold wholly in their transactions with one another was $4,971,502 ; but in October our comparative state
—which would bring about as the leading change the ment shows the loss to be only $1,245,892. This is a de
payment of Customs dues in that metal—it seems to us cided change for the better. To be sure, the World’s Fair
that it would, under existing circumstances, prove to was in operation in October, but it was in operation and
be a very desirable [alteration. The effect it would in a very prosperous state in September, too. It was
TH E
'
N gtembkk 11, 1893.]
THE
785
C H R O N IC L E .
n o t to be e x p e c te d th a t recovery c o u ld a t th e sta rt be
ra p id a fter th e severe d ep ressio n on r in d u str ie s h ad so
lo n g su ffered u n d er. B u t it is a very h o p e fu l sig n th a t
i t h a s m a d e a b e g in n in g .
T h ere h a s b een n o v ery m a teria l c h a n g e in m o n ey
th is -week. T h e te n d e n c y o f th e m a rk et to w id en an d
rates to d e c lin e h a s co n tin u e d . O n c a ll th e ex trem es
h av e b een 2 and 1 p er c e n t, a v e ra g in g a lit tle less th a n
2 p er c e n t. R en ew a ls h a v e b een m a d e a t 2 p er c e n t,
a n d b a n k s an d tru st co m p a n ies q u o te 3 p er c e n t as th e
m in im u m , w h ile so m e o b ta in 4 p er c e n t. T h e r e is a
p le th o r a o f m o n e y se e k in g e m p lo y m e n t o n ca ll, m u ch
o f w h ic h co m es from le n d e r s w h o are u n a b le to m a k e
tim e co n tr a cts. T im e m o n ey is a lso fr e e ly offered.
L o a n b rok ers ap p ear to be a c tin g on b eh a lf o f n ea rly
a ll th e fin a n cia l in s titu tio n s , a n d th e y a r e w illin g to
a c cep t co n tr a c ts fo r a n y le n g th o f tim e a t fa ir
ra tes a n d on a g o o d g ra d e o f c o lla te ra l. T h e
d em a n d , h o w ev er, is very lig h t. T h e co m m issio n
h ou ses d o n o t ap p ear to w a n t m o n ey e x c e p t fo r
sh o r t-ti m o tr a d in g , an d fo r th is th ey fin d a m p le a c
co m m o d a tio n in th e ca ll lo a n b ra n ch o f th e m a rk et.
R a tes are 3 } per c e n t for th ir ty d a y s, 4 to 44 p er c e n t
fo r s ix ty d ays to fo u r m o u th s an d 5 to 5 } per c e n t for
five to s ix m o n th s on g oo d S to ck E x c h a n g e co lla te ra l.
F o r co m m ercia l paper th e d em a n d is g o o d fro m o u t o f
to w n , b u t th e in q u ir y is o n ly fair in th e c ity . T h e
su p p ly o f really first-cla ss n a m es is n o t sutYieient to
m e e t th e in q u ir y . M erch a n ts are d o in g o n ly a m od er
a te b u sin ess, th e fa ll trad e h a v in g b een a lm o st en tir e ly
sto p p ed b y th e p ro lo n g ed d isc u ssio n in th e S en a te.
C o n seq u en tly m erch a n ts w ill m ak e very little p ap er fo r
th e tim e b ein g . R a tes are 4 } to 5 p er c e n t fo r six ty to
n in e ty -d a y en d orsed b ills receiva b le, 5 to 54 p er ce n t
fo r fo u r m o n th s co m m issio n -h o u se n a m e s a n d 54 to 64
p er c e n t for g oo d s in g le n a m es h a v in g from fo u r to six
m o n th s to ru n .
T h e B a n k o f E n g la n d ra te rem a in s u n c h a n g e d at 3
p er c e n t, p rob ab ly b ecau se o f th e firm to n e for d is
co u n ts in G erm a n y a n d th e e x p e c ta tio n s o f w ith d ra w a ls
b y th e S c o tc h banka u su a l a t th is sea so n . T h e ca b le
rep o rts d isco u n ts o f s ix ty to n in e ty d a y b a n k b ills in
L o n d o n 24 per c e n t. T h e op en m a rk et rate a t P aris is
2 } P er c e n t; a t B erlin it is 44 p er c e n t and at F ra n k
fo r t 4 } p er c e n t. A c c o r d in g to ou r sp ecia l ca b le from
L o n d o n th e B an k o f E n g la n d lo st £383,205 b u llion
d u r in g th e w eek and h eld a t th e clo se £25,593,565.
O u r co rresp o n d en t fu r th e r a d v ises u s th a t t h e lo ss was
d u e to th e ex p o rt o f £181,000 (o f w h ich £100,000 was
to H o lla n d an d £84,000 m a in ly to S o u th A m e r ic a ), to
sh ip m e n ts to th e in terio r o f G reat B r ita in o f £207,000
a n d to th e im p o r t o f £ 8 ,0 0 0 fro m P o rtu g a l.
F o r e ig n e x ch a n g e h a s been o n ly fa ir ly a c tiv e th is
w eek , w ith a d ow n w ard te n d e n c y for sh o r t, b u t lo n g
h a s !>een so m ew h a t firm er b eca u se o f easier d isc o u n ts in
L o n d o n , and also fo r th e reaso n th a t th ere is a d isp o si
tio n to in v est in lo n g b ills w h en ev e r th e y ca n b e o b
ta in ed a t a b o u t 4 8 1 4 , in order to em p lo y fu n d s w h ich
w o u ld o th erw ise rem ain id le. T h e m a rk et w as firm on
M onday- in co n seq u en ce o f th e co m p a ra tiv e ly sm a ll re
c e ip ts o f co m m ercia l b ills a g a in st c o tto n . O n W ed n es
d ay th ere w as a fa ir ly la rg e s u p p ly o f th ese d r a fts, w h ich
h ad a ccu m u la ted over th e e le c tio n h o lid a y , and offer
in g s o f th ese ten d e d to m a k e th e m a rk et h ea v y . O n
T h u rsd a y th e ton e waa in c lin e d to b e w eak a t th e o p e n
in g , b u t th ere was an ab sorp tio n o f b ills la ter in th e
d a y , and th e m a rk et clo sed firm , esp e c ia lly fo r lon g
ste r lin g . T h ere h av e b een so m e, b u t n o t m a n y , se
c u r ity b ills on th e m a rk et, an d so far as c a n b e d isc o v
ered very fe w offerin g s o f d ra fts a g a in st b o n d n e g o tia
tio n s, in d ic a tin g th a t th e su p p ly n o te d la st w e ek e m
braced a b o u t all th a t w ill be o ffered fo r th e p r e se n t.
T h e fo llo w in g ta b le sh o w s th e c h a n g e s in ra tes o f e x
ch a n g e b y th e le a d in g draw ers:
m ,
N ov,
B ro w s B r o s ., -. |
Barim r,
A ta g o a n
k
*
t o d a y s .,
G o. \ b i g o t .......
B m fc B r itis h
$
f l a y s ..
N o. A m e r ic a ., ( S i g h t . . , . .
Bank o f
<60 d a y s ..
M o n t r e a l-.. . . . c S ig h t .......
3,
i
iS A S
i m
i S3
T u est,
M o n ,,
N o v . 6. N o t . 7.
S3
&3
S3
85
W e d .,
N o v . 8,
T irn rs.,
N o v . 9.
m
85
m
—
sm
85
85
82^
83
I *
S *
i *
I S
85
—
i n
*2
85
Z
i
I
g *
1 S3
82
85
_
I
II
8 *
C a n a d ia n B a n k
o f C om m erce.
t
d a y s .,
S i g h t .,...
ile J d e B w h .k k a lfceim er A C o
j
i
fSO d a y s .,
S ig h t . . . ..
i S3
4 S3
SS“
z
S *
If*
;;
A SS
ASS
I
z
§ * 4 *
f «
L a ia r t F r e m ~ j
F ri„
N o v . 10.
i M
I *
T h e m a rk et clo sed firm a t 4 82 to 4 8 24 fo r
six ty -d a y and 4 85 fo r s ig h t. R a tes fo r a c tu a l
b u sin ess are 4 8 1 } to 4 82 fo r lo n g , 4 84 to
4 8 4 4 for sh o r t, 4 844 to 4 8 4 } fo r ca b le tr a n s
fers, 4 81 to 4 8 1 } fo r p rim e an d 4 8 0 } to 4 81 fo r
d o cu m en ta ry co m m ercia l b ills. T h e ste a m sh ip T r a v e ,
w h ich arrived o n M on d ay, b r o u g h t $ 9 7 ,5 0 0 g o ld to
H e id elb a c h , Ic k e lh e im e r & C o. T h e L a h n ca m e in o n
W ed n esd ay w ith $ 6 2 5 ,0 0 0 to L azard F reres a n d
$ 1 2 5 ,0 0 0 to th e H a n o v er N a tio n a l B a n k . Y e ste r d a y
th e F u erst B ism a r ck arrived w ith $ 6 7 5 ,0 0 0 also fo r
L azard F reres. R e ceip ts o f g o ld th u s far b y L azard
F reres h ave b een $ 1 ,7 7 5 ,0 0 0 . T h e y h a v e $ 2 2 5 ,0 0 0 o n
th e T e u to n ic , w h ich le ft L iv erp o o l o n T h u rsd a y , a n d
$ 1 0 0 ,0 0 0 on L a T o u ra in e. B a r g o ld has b een rep o rted
in L o n d o n th is w eek a t 77 s h illin g s 1 1 } p e n c e par
ou n ce, b u t th is is said to h e a n error, a n d n o n e ca n h e
ob tain ed a t less th a n 78 s h illin g s , a n d th e o p en m a r k e t
i3 q u ite bare o f th e m eta l.
A s sta te d ab o ve, th e ir o n tra d e is at la st b e g in n in g
to sh ow in d ic a tio n s o f im p r o v e m e n t. I t is so m e tim e s
cla im ed th a t th e iro n trad e is a b arom eter o f o u r in
d u stries. B e th a t as it m ay, th e fa c t o f an im p ro v e
m en t seem s u n d e n ia b le. T h e Iron Ayr o f th is c it y
has th is w eek p u b lish ed its u su a l m o n th ly s ta te m e n t o f
fu rn a ces in b la st w ith th eir w e e k ly c a p a c ity , a n d fo r
th e first tim e in s ix m o n th s th e record sh o w s an in
crease. O n th e first o f la st M ay th e A g e fo u n d 2 5 1
fu rn a ces in b la st w ith a w eek ly ca p a city o f 1 8 1 ,5 5 1
to n s ; fro m th a t tim e on fu rn a ces w e n t o u t o f b la s t
in su ch la r g e n u m b e rs th a t th e r e was a drop in e a ch
and ev ery m o n th , till o n O ctob er 1 th e n u m
ber in b la st h ad been r e d u ce d to o n ly 114, w ith a
ca p a city p er week o f b u t 73,895 to n s. B u t d u r in g
th e la te m o n th th e tid e tu r n e d , as th e A g e ex p resses i t ,
an d on th e first o f N o v e m b e r th e n u m b er o f fu rn a ces
in b last bad risen to 117 , w ith a ca p a c ity o f 8 0 ,0 7 0
tons. T h e in c r e a se is s lig h t— o n ly 'th ree a d d itio n a l
fu rn aces— b u t it sh o u ld b e remembered th a t n ea rly a ll
th ro u g h O ctob er th e fin a n c ia l o u tlo o k c o n tin u e d u n
certain b y reaso n o f th e o b stru ctio n to silv er rep eal in
th e S en a te, th e rep eal b ill n o t b ein g passed u n til th e
clo se o f th e m o n th . T h e A g e says th a t sin c e N o v e m
ber 1 , th e d a te o f its rep o rt, th ere h a v e b een fu r th e r
a d d itio n s an d th a t it is k n o w n o th ers w ill fo llo w b efo r e
th e em l o f th e m o n th . A n o th e r fa c t w o rth y o f n o te i s
th a t sto ck s o f iro n s lig h tly d ecrea sed d u r in g th e m o n th
a fter h a v in g in cr ea sed in th e m o n th s p re ced in g in fa c e
o f a d im in ish in g p ro d u c tio n . T h e se sto c k s are re
p orted 8 3 8 ,4 1 3 to n s N o v . 1 a g a in st 852,762 to n s Ocfc.
1. A n in c id e n t o f th e w eek h a s b een a c u t in th e p r ic e
o f steel ra ils, w h ic h h a v e so lo n g b een m a in ta in e d a t
th e artificia l p rice o f $29 a to n th ro u g h a co m b in a tio n
o f th e rail m ak ers; th e p ric e h as n ow d ro p p ed t o
788
THE
C H R O N IC L E .
[V ol. L/VII.
$ 2 3 @ $ 2 4 for ra ils a t tid e-w a te r. I t is ex p e c te d th a t th e I T err ito ries. W e h a v e h a d th e fig u res te le g r a p h e d t o
re d u c tio n w ill lea d to m ore lib era l p u rch a ses a n d in th is u s, a n d as co rn is o n e o f th e c o u n tr y ’s m o st im p o r ta n t
w a y p ro v e b en eficia l to o th er b ra n ch es o f th e trad e. crop s, w e h av e ap p lied th ese fig u res o f y ie ld p e r
T h e M issou ri K a n sa s & T e x a s h a s la tte r ly b ee n m a k acre to th e p r e v io u sly rep o rted a c rea g e, o b ta in in g
in g v e r y fa v o ra b le retu r n s o f ea rn in g s a t a tim e w h en th u s a n in d ic a tio n o f th e p r o d u c tio n fo r th e le a d
m a n y o th er roads in th e sa m e se c tio n o f c o u n tr y w ere in g p r o d u c in g S ta te s a n d fo r th e co u n tr y as a
sh o w in g lo sses, a n d th e co m p a n y ’s rep o rt fo r th e w h o le. T h e r e su lts are g iv e n b elo w , in c o m p a riso n
y ea r e n d in g J u n e 3 0 , 1 89 3, w ill a ttra c t a g o o d d ea l w ith th e fin a l e stim a te s o f p r o d u c tio n m ad e by t h e
o f a tte n tio n . A s w ill be rem em b ered , th e road w as A g r ic u ltu r a l D e p a r tm e n t fo r th e years im m e d ia te ly
fo r m e r ly in th e G o u ld sy ste m , a n d w h en ta k en p r e c e d in g .
o u t o f th a t sy stem it b ecam e n ecessa ry to b u ild a
P r o d u c tio n P r o d u c t io n , P r o d u c t i o n P r o d u c t io n P r o d u c tio n n u m b e r o f c o n n e c tin g lin k s a n d e x te n sio n s so th a t th e
C orn .
1803.
1892
1891.
1890.
1889.
road m ig h t b e m a in ta in e d as a n in d e p e n d e n t p ro p erty .
B
u
sh
els.
B
u
sh
els.
B
u
sh els.
B u sh els.
B u sh els.
T h e n ew m a n a g e m e n t w e n t v ig o r o u sly to w o rk to p ro Iowa................. 262,986,000
200,221,000 350,878,000 232,439,000 349,960.000v id e th e se ex te n sio n s, an d th e road n o w o c cu p ies a very Illinois............. 168,938,000 105,327,000 234,830,000 187,446,000 259,125,000
Kansas............. 132,904,000 145,825,000 141,803.000
55,209,000 240,508,000
str o n g p o sitio n w ith te r m in i at K a n sa s C ity , S t. L o u is Missouri....... 155,925,000 152,489,000 203,210,000 175,345,000 218,841,000
Nebraska......... 156,000,000 157,145,000 167,052,000
55,310,000 149,543,000
a n d H a n n ib a l o n th e n o r th an d H o u sto n a n d th e G u lf Indiana............ 88,282,000 103,334,000 123,022,000 89,025,000 106,056,000
o f M ex ico on th e sou th - T h e g a in s in e a rn in g s for Ohio................. 08,599,000 83,853,000 94,092.000 05,870,000 88,953,000
70,635,000
83.698,000
82,550,000
73,042,000
03,802,000
c u r ren t p erio d s m ay b e ascrib ed la r g e ly to th is im Texas...............
82,552,000
80,831,000
03,378,000
61,274,000
07,692,000
Tennessee......
82,795,000
75,382,009
68,877,000
Kentucky........
68.805,000
03,045,000
p r o v e m e n t in th e road ’s p o sitio n an d to th e en e r g y of Pennsylvania.. 32,345,000 39,032,000 40,527,000 38,043,000 41,225,000
th e m a n a g em en t in d ev elo p in g th e road ’s b u sin ess. T h e Arkansas........ 31,392,000 34,344.000 42,455,000 33,443,000 42.008,000
29,718,000
28,415,000
27,347,000
33,001,030
31,680,000
W isconsin......
e x te n sio n to S t. L o u is w as n o t p u t in o p era tio n u n til Michigan........
22,737,000
21,804,000
31,133,000
20,580,000
23,218,000
21,203,000
26,348,000
21,580,000
21,286,000
24,192,000
Minnesota......
a fte r th e clo se o f th e la te fiscal year, a n d m u c h o f th e
1,809,751,000
1,372,008,000
1,300,048,000
1,723,028,000
1,208,262,000
T
otal........
*
n ew m ile a g e in T e x a s also c o u n te d o n ly p a r t o f All others....... 276,842.000 207,618,000 330,520,000 281,708.000 303,141,000
th e y ea r, so th a t th e a verag e m ilea g e fo r th e tw e lv e Total U. S....... 1,018,850,000 1,028,404,000 2,000,154,000 1.489.970,000 2,112,892,000
m o n th s w as b u t s lig h tly la r g er th a n fo r th e tw e lv e
m o n th s p r e c e d in g — n a m e ly , 1 ,7 1 2 m iles a g a in st
A c c o r d in g to th ese fig u res th e in d ic a tio n s p o in t to a
1 ,6 7 4 m ile s. W ith th is sm a ll in crea se in m ilea g e crop th e p re se n t sea so n o f 1 ,6 4 8 m illio n b u sh els, w h ich ,
gross ea rn in g s in 189 2 -3 w ere $ 1 0 ,3 8 8 ,1 9 1 a g a in st is so m ew h a t h ig h e r th a n th a t in d ic a te d b y th e a p p r o x i
$ 9 ,7 5 0 ,5 6 3 in 1 8 9 2 , a n d n e t ea rn in g s $ 2 ,5 7 7 ,4 5 6 a g a in st m a tio n s a m o n th ago . L a s t year th e crop w a s e s ti
$ 2 ,3 6 9 ,9 9 6 . A fte r p a y in g o b lig a to ry in te r e st ch a rg es m a ted a t 1 ,6 2 8 m illio n b u sh e ls, th e y ea r b efo re a t
a n d ren ta ls a n d tw o p er c e n t o n th e sec o n d m o rtg a g e 2 ,0 6 0 m illio n b u sh e ls.
b o n d s, th e r e re m a in ed a b a la n ce fo r th e tw e lv e m o u th s
O ur sta te m e n ts o f ea rn iD g s h a v e fr o m tim e to tim e
o f $ 2 1 8 ,0 1 3 — th is on a ra tio o f ex p en ses to e a rn in g s o f fu r n ish e d so m e s tr ik in g g a in s as th e re su lt o f th e e x tr a
7 5 ‘2 p er ce n t. .
traffic d er iv ed from th e W o rld ’s C o lu m b ia n E x p o s itio n
M r. H e n ry 0 . H ou se, th e C h a irm a n a n d P r e sid e n t o f a t C h ica g o , w h ic h c lo sed o n O ct. 3 0 . B u t th e in c r e a se
th e co m p a n y , m a k e s so m e in te r e stin g o b serv a tio n s b ea r n ow sh o w n fo r O ctob er b y th e I llin o is C en tra l e x c e ls
in g u p o n th e p o lic y p u rsu ed in th e m a n a g em en t o f th e an y p rev io u sly r e p o rted . L a st year th e gross earn iD gs
p ro p erty . H e w e ll says th a t an ir r e sistib le te n d e n c y o f th is sy ste m fo r O cto b er w ere $ 1 ,8 7 8 ,1 1 0 , an d a t
h a s lo n g b ee n a p p a ren t th r o u g h o u t th e e n tir e ra ilw ay th a t fig u re w ere th e la r g e st in th e c o m p a n y ’s h is
sy ste m o f th e U n ite d S ta te s in th e d ir e c tio n o f low er tory. T h e p re se n t y ea r th e a d d itio n h as b ee n
ra tes fo r traffic, a n d th a t th e o n ly m a n n er in w h ic h rail over sev en h u n d red th o u sa n d d olla rs ($ 7 0 2 ,1 1 4 ), ra isin g
w a y m a n a g ers h a v e b een ab le to m e e t it h a s b een b y in th e m o n th ’s to ta l to $ 2 ,5 8 0 ,2 2 4 . W e a ll k n o w th a t
cr ea sin g th e v o lu m e o f b u sin ess a n d c h e a p e n in g th e u n it th e I llin o is C en tra l, b y reason o f th e fa c t th a t its lin e s
o f c o st o f tra n sp o r ta tio n th r o u g h im p r o v e m e n ts in ran in to th e F a ir G rou n d s, d er iv ed very e x c e p tio n a l a d
tr a c k a n d e q u ip m e n t, th u s p e r m ittin g th e ca rria g e o f v a n ta g es fr o m th e h o ld in g o f th e E x p o s itio n . Y e t ath ea v ier tra in lo a d s. T h e K a n sa s & T ex a s m a n a g em en t, th e sam e tim e i t m u st be rem em b ered th a t tra d e was
h a v in g h ad a t th e ir co m m a n d o n ly a lim ite d a m o u n t o f very d ep ressed a n d th a t th is n ec essa rily affected
c a p ita l, th e re v en u e s o f th e co m p a n y , h e says, h av e h ad ad v ersely th e fr e ig h t traffic o f th e road ; a ll
to bear th e ch a rg es o f ren ew a ls an d re p la ce m en ts w h ich th in g s
co n sid e red th e
in cr ea se
m u st
be
c ir cu m sta n ces h a v e ren d ered n ecessa ry. T h e e x p e n d i regard ed as ex tr a o rd in a ry , a n d co m m a n d s a d
tu r e s o f th is ch a ra cter d u r in g th e la te y e a r a g g reg a te d m ira tio n fo r th e a r ra n g e m en ts w h ic h
m ade
$ 8 4 3 ,2 1 9 ; in o th e r w o rd s, th e co m p a n y sp en t th a t it p o ssib le. T h e co m p a n y h a s a lso fu r n ish e d its s ta te
m u c h o u t o f ea rn in g s fo r im p r o v e m e n ts on th e p ro p erty. m en t o f n e t e a rn in g s fo r S ep te m b er a n d th e th r e e
T h e y e a r’s p er cen ta g e o f e x p en ses th er e fo r e , M r. R ou se m o n th s o f th e fisc a l y ea r fro m J u ly 1. F o r S e p te m
p o in ts o u t, is n o t to be co n sid ered th e ra tio w h ic h ber, w ith an in crea se o f $ 4 0 7 ,9 9 3 in g ro ss th e in c r e a se
sh o u ld c o n tin u e w h en th e p ro p erty sh a ll h a v e rea ch ed in ex p en ses w as $ 1 4 3 ,1 2 0 , le a v in g a g a in in n e t o f
a sa tisfa c to r y sta n d a rd o f p h y sic a l co n d itio n . T h e co m $ 2 6 4 ,8 7 3 . F o r th e th ree m o n th s to S ep te m b er 3 0 ,
p a n y a fter b u ild in g 3 00 m iles o f n ew lin e fin d s its e lf w ith a g a in in gross o f $ 1 ,0 6 6 ,0 0 2 , th e a d d itio n to e x
e n tir e ly free from flo a tin g d eb t or fin a n c ia l em b arrass p en ses w as o n ly $ 1 7 6 ,8 5 5 , th u s le a v in g a g a in in n e t o f
m e n t o f a n y k in d . M r. "Rouse also p o in ts o u t tha^ ar $ 8 8 9 ,1 4 7 .
ra n g e m e n ts h a v e b een en tered in to for th e u se a t S t. L o u is
T h e fo llo w in g s ta te m e n t, m a d e u p fro m retu r n s c o l
o f a ll th e te rm in a l fa c ilitie s o f th e C h ica g o B u r lin g to n lected b y u s, sh o w s th e w eek ’s r e c e ip ts a n d sh ip m en ts,
•& Q u in cy , a n d th a t a clo se a llia n c e w ith th a t co m p a n y of " currency a n d g o ld by th e N e w Y o rk b an k s.
h a s b ee n m a d e b y a v e ry fa v o ra b le c o n tr a c t e x te n d in g
N et I n t e r i o r
B e c e iv ed b y S h ip p ed b y
W e e k E n d in g N o v . 10, 1893.
o v er a lo n g te r m o f years.
N . T . B a n k s •N . Y . B a n k s ■
M o v e m en t .
T h e rep ort o f th e A g r ic u ltu r a l B u rea u a t W a sh in g
$7,290,000 $4,487,000 Gain.$2,803.000
to n , issu e d y e sterd a y a ftern o o n , c o n ta in s a sta te m e n t o f Gold ........................................... ........ 1,822.000 414,000 Gain. 1,408,000
$9.112.000 $4,901,000 Gain.$4,211,000.
T otal gold and legal tenders—
t h e y ie ld o f porn p er acre in th e v a rio u s S ta te s a n d
THE CHRONICLE.
N ovember 11, 1893,]
R e su lt w ith S u b -T rea su ry o p era tio n s an d g o ld im
p o r ts.
787
Section 4.—This act shall take effect on the first day of
October in the year eighteen hundred and ninety-two.
P ro m th e first i t h a s ap p eared certa in th a t th is la w
c o u ld n o t sta n d , so m a n y are th e o b je c tio n s to it . R a il
B aalca^iiiterior m oNem eBt, a s a b o v e $ 9.112,000 $1,901,000 Gain. $4,211,000 road tic k e ts a t tw o c e n ts a m ile m u st b e c o n sid e red
S a b -T re a s u r y o p e r a tio n s .................... 15,800.000 14,800,000 G ain. 1,200,000
low , a n d w h ere a railroad g r a n ts su c h a r a te over its
T o t a l g o ld a n d le g a l te n d e r s .— * 8 * . 912.000 il3 ,5 Q l,O 0 O G & la $ 5 ,111,000
ow n lin e s on th o u sa n d -m ile b o o k s, i t d oes so sim p ly
T h e fo llo w in g ta b le in d ic a te s th e a m o u n t o f b u llio n b ecau se th e a p p lic a tio n o f th e w h o lesa le p r in c ip le to
in th e p rin cip a l E u ro p e a n b an k s.
its services ap p ears to ju s tify th e step . T h e b u y e r c o n
tracts to u se th e road to th e e x te n t o f ta k in g a th o u
N
ovem
ber
9,
1393.
m em b e r 19,1892.
Bankof
san d m iles o f tra v e l o v er it, an d in co n sid e r a tio n o f th a t
Total
Total,
Gold.
Gold.
Silver.
Sttwr.
fa ct th e road a ccord s h im a sp ecia l r a te . B u t th e ab o ve
£
(
M
£
£
£
. 24.374,109
. . . . . . . . . . m&s&ses u j m « m
law w ould n u llify th e w h o lesa le fe a tn re o f th e a rra n g e
Franc*........... | t?8.05-i,79S 60.472.134 i 18.528,917 m.tm,748 WJKa.60Bjtl7.MWS6
Germany*__ 29,136,25© 9,728,75© 38,915.00© 31.961,500 W.e5».si»j «,SIS.I»X
m en t, A road w o u ld issu e th o u sa n d -m ile b oo k s as b efo re,
Auft.-FIang'y 10,677,000 10,192,000 26,869,000 io ,m ooo to ,8*2,0<X>j 87.WJ.OOO
H«th«rIaa>d*J l&MMOOj
9J&KQM 3,107,00« «jh &oix>| to.1 a2.ooo b u t in stead o f th e tra v eler u s in g th e tic k e ts e n tir e ly a n d
Nat. Belgians 2,728,86?) 1JSft4,333 1,093,00*) 3.133.8Sij l.6S)«,«7[ t.JOO.OOO e x c lu siv e ly fo r m ile a g e over its lin e s , h e m ig h t u se th em
7.SU.OOO] t.j-n./V*) 12.WS.000
Spain....... ...J 7.913,000 6,490,000J 1MO&OO0
o n ly to th e e x te n t o f o n e h u n d red or tw o h u n d r e d
Tot. till* week U 7 « 7 5
' 1is,' *S.O?Vy!7>'«,77« 210. n».8S 1
Jot. »wr. WH'M7J20.{I«
851>.iti)7 m iles for tra n sp o rta tio n serv ices on its lin e s , th e re st
* T he division {Between gold and o llreti given In oar table o f coin anil g o in g for travel over o th er lin e s.
S ta te d in a n o th e r
bullion In the Bank o f Germ any and the Bank o f Belgium is madefrom
w
ay,
a
road
m
ig
h
t
th
in
k
it
h
ad
so
ld tw e n ty d o lla rs
th e best estimate w e are able to obtain; In neither oaee la tt claimed t o
w orth o f its serv ices o n ly to find th a t it h ad to re-p a y
b e accurate, u those banka make no dlatlnotlon in their weekly return*
m erely reporting the total gold and *11r e t , bat we beUeve the division
six te e n or e ig h te e n d o lla rs o f th e a m o u n t for th e p or
w e make la a close approxim ation.
tion s o f th e book w h ich th e tra v eler h ad u sed in p ay
JfOT*.— We receive the foregoing result* weekly by (cable, and while
n ot all of the d ale given at the head o f the colum n, they are th ere
m en t o f tra n sp o r ta tio n ta k en by h im over o th e r roads
turn* issued nearest to that d»te~t|i»t I*, the latest repotted injures ’
in th e S ta te , near or re m o te.
I t was also o b lig a to ry u n d er th e law fo r a road to a c
c
e
p
t tic k e ts from t h e b oo k o f a n o th e r co rp o r a tio n , r e
THE M ASSACHUSETTS INTERCITY NGEly
in
g u p on th e so lv e n c y an d g oo d fa ith o f th e is su in g
A B L E M IL E A G E L A W .
road
to ca sh su c h tic k e ts w h en p r e se n ted fo r r e d em p
T h e d e c isio n in M a ssa ch u setts d ec la rin g u n c o n s titu
tion
.
T h e ille g a lity o f th is la tte r fe a tu r e ap p eared
tio n a l th e so -ca lled in te r c h a n g e a b le m ile a g e law p o s
ob
viou
s
ev en to a la y m a n . It h as b een c o n te n d e d
sesses in tere st w h ich is n o t lim ite d b y th e c o n fin es o f
th
a
t
iu
p ra ctice th a t is ju s t w h a t th e road s d o n o w
th a t S ta te . M a ssa ch u setts, as is k n o w n , h as on th e
w h o le p u rsu ed a very e n lig h te n e d p o lic y in th e tre a t when th ey a c cep t th r o u g h tic k e ts issu ed by a c o n n e c t
m e n t o f h er railroad s; th e ca rry in g in tere st th ere has in g road, a* in su ch ca ses th e y n ec essa rily h a v e to
en jo y ed an e x c e p tio n a l m easu re o f p ro sp erity , an d th e assu m e th e risk o f g e ttin g th eir m o n ey fro m th e road
S ta te h a s been c a r e fu l n o t to in terfe re w ith th is pros issu in g th e tic k e t. B u t it is o n e th in g for a co rp o r a tio n
p e r ity , p ro cee d in g very ca u tio u sly in th e w ork o f r a il a c tin g as a free a g e n t to m ak e a v o lu n ta ry c o n tr a c t w ith
road le g isla tio n , a n d n ew e n a c tm e n ts w h en p assed u su a c o n n e c tin g or affiliated road o f w h ose so lv e n c y i t
a lly m e e tin g with very g en era l a p p ro v a l. In d e e d , th e feels assu red , a n d a to ta lly d iffere n t th in g for su ch co r
S ta te ’s p o lic y h a s a lw ays been c o n sid e red a m odel p o ra tio n to be fo rced in to a c o n tr a c t w ith o u t b e in g
w h ich o th e r States m ig h t co p y w ith a d v a n ta g e to allow ed to co n sid er a t a ll th e q u estio n o f so lv e n c y o f
th em selv e s. L a st y ea r, h o w ev er, th e a n c ie n t Common th e p artv to it, an d w ith w h ose lin e s o f road it m ay
w e a lth u n d erto o k to g iv e e ffe c t to a le g isla tiv e d ecree h av e n o p h y sica l c o n n e c tio n . T h o fra m ers o f th e law
w h ich it is hard to d e fe n d an d w h ose te n d e n c y , had seem to h ave co n te m p la ted th e p o ssib ility o f tro u b le
th e law b een su sta in e d , m u st h a v e been d e c id e d ly m is from th a t score, for it w ill be ob served th a t by S e c tio n
3 th e R ailroad C o m m issio n ers are g iv e n p ow er, on p e t i
c h ie v o u s.
W h at d id th e in terc h a n g e a b le m ilea g e law seek to tion , to reliev e a n y road from th e p ro v isio n s o f th e
d o ? I t so u g h t to co m p el ev ery railroad in th e S ta te a ct. N a tu r a lly , th o u g h , th is is a d iscre tio n th e C o m
to se ll 1 ,0 0 0 -m iie tic k e ts a t tw o ce n ts a m ile , g oo d not m ission ers w o u ld u se o n ly sp a r in g ly . T h e y d id ex e m p t
o n ly u p on its ow n lin e s b u t u p o n th e lin e s o f ev ery som e m in or roads lik e th e G ra fto n & TJptou a n d th e
o th e r road in th e S ta te . T h a t w as in b r ie f th e in te n t Ilo o 3 a c T u n n e l & W ilm in g to n , b u t re fu sed ex em p tio n
an d p u rp ose o f th e law . T h e e n a c tm e n t w as n o t a in som e o th er cases.
In g en era l, h o w ev er, th e d isp o sitio n o f th e ro ad s w as
le n g th y on e; on th e co n tr a ry , it w as very c o n c ise , th e
p ro m o ters h a v in g u n d e r ta k e n to co m p a ss th e ir a im in to co n sid er tho a c t u n c o n stitu tio n a l an d co n se q u e n tly
few w ords. A s a m a tter o f in te r e st a n d as a g u id e to to d isregard it. T h e C o m m issio n ers, w h en th ey lea rn t
o f th o s itu a tio n , re p o rted th o fa c ts to tire A tto r n e y in te llig e n t c r itic ism , wo g iv e h ere th e a ct iu fo il.
Section l.—Every railroad corporation operating within G en eral o f th o S ta te , w h o th ereu p o n b r o u g h t an a c tio n
this common wealth shall provide and have on sale, for twenty a g a in st th e O ld C olon y road to co m p el it to se ll m ile
dollar*, mileage ticket* representing one thousand miles, which
shall be accep ted and received fo r fare and passage upon all age tic k e ts to all w h o m ig h t a p p ly for th em a n d to ,
railroad lines in this commonwealth, as well and under like red eem all su ch tic k e ts p re se n ted by o th e r road s.
conditions as upon the line or lines of the corporation issuing
C o u n sel fo r th e O ld C o lo n y raised a g r e a t m a n y o b je c
such ticket.
S ection 8,—Such tickets or any part thereof shall be re- tion s, a m o n g o th ers th a t th e act w as in v a lid as a n
iteemcd by each corporation issuing the game upon presenta ab so lu te d e le g a tio n o f le g isla tiv e pow er to th e C o m m is
tion by any other railroad eoporation.
SWJWost 5.—On petition o f any railroad corporation included sion ers, th a t it was in v io la tio n o f th e p ro v isio n o f th e
within the provisions of this act, filed with the railroad com U n ite d S ta tes C o n stitu tio n th a t no S ta te sh a ll m a k e
missioner*. asking that it may he exempt, or that any other a n y th in g b u t g o ld an d silv e r co in a ten d er in p a y m en t
railroad be excluded from the provisions of this act. said com
missioner* may in their discretion exempt or exclude such o f d eb ts, an d -th at it was lik e w ise in v io la tio n o f tho
railroad from the provision* of this act, if in their judgment F o u rteen th A m e n d m e n t o f th e U n ite d S ta te s C o n stitu
the public welfare or the financial condition of Hhe road re
tio n and also o f th e C o n stitu tio n o f th e C o m m o n w ea lth .
quire or demand it.
W eek ending N ov. 10, 1393.
In to
Banks,
Out o f
B anks.
N et Cha nge i n
B ank Holdings.
788
THE
C H R O N IC L E .
The ease came before the full bench of the Supreme
Court of the State, and the decision was filed on Fri
day of last week. The Court says that if the Legis
lature can not constitutionally require a railroad com
pany to transport a passenger unless the fare is paid
in advance, then the delivery of a mileage ticket issued
by another corporation is not in itself a payment of the
fare. “ Although, by reason of the public nature of
the employment, the Legislature can establish the rates
of fare to be demanded by [common carriers of pas
sengers, we do not see that they can be compelled ulti
mately to take in payment anything which any other
person could not be compelled to take in payment of a
service rendered or in discharge of a debt. * * *
The statute puts no limit upon the number of mileage
tickets which any railroad may issue, or upon the time
within which they may be used. It is possible that a
railroad in need of money might resort to enormous
sales of such tickets as a mode of raising money, and
that these tickets might remain outstanding to be used
on other roads indefinitely, and that many of them might
be presented for redemption at some remote time in the
future when the railroad company issuing them might
not be able to redeem them.” The security for the
nltimate payment of the fare in money, the Court
thinks, ought to be as certain as that required when
private property is taken for public use3, and the
opinion is given that the statute does not provide ade
quate security. The objection that the statute author
izes one railroad to make conditions concerning the
transportation of passengers which must be performed
by other railroads is also held to be well taken. “ With
out denying the power of the Legislature to determine
the form of the contracts which common carriers of per
sons or merchandise must make concerning transporta
tion, and without considering the authority of the
Legislature to delegate this power to a board of public
officers, we are of opinion that this power cannot be
delegated to private persons or corporations.”
It seem3 to us this decision will have a widely favor
able effect outside the old Commonwealth. With such
a law in working operation in Massachusetts it would
not have been long before the various Western States,
where sentiment is unfavorable to railroad corporations
instead of favorable as in Massachusetts, would have
had a similar law on their statute books, perhaps in an
aggravated form, and from this to an inter-State law
of the same character would have been only another
step. President Lucius Tuttle, of the Boston &
Maine, showed a true grasp of the importance of the
issue involved when in an interview he exclaimed,
“ Consider wh«t could have happened had the
system of interchangeable mileage tickets been
extended over the whole United States, as might have
been the case had the Supreme Court of Massachusetts
affirmed the constitutionality of the law.” Such a
contingency is now rendered remote and the force of
the decision is particularly strong, coming from Mas
sachusetts, since it was possible to urge the existence
of certain conditions in that State tending to miti
gate the objectionable features of the law which could
not be urged anywhere else, namely that insolvency
among Massachusetts roads is almost unknown, reduc
ing loss from a failure to redeem tickets to a minimum,
and that population is dense and passenger travel
heavy, thus permitting lower average rates than in most
other communities. If, therefore, such a law cannot
stand in Massachusetts, we may assume that similar at
tempts would fail in other parts of the United States.
[V ol . LVII.
RUSSIA AND FRANCE—THERECENT
DEHONSTRATIONS.
It does not appear that the recent visit of the Rus
sian squadron to French waters and the peculiardemonstrations with which that visit was accompanied
were to be wholly without fruit. The demonstrations
were certainly of a peculiarly extravagant kind—so ex
travagant as to seem ridiculous. Nothing like it has
been witnessed in the memory of living men. It is, indee*1. doubtful whether anything of a similar kind, and
characterized by so much wild enthusiasm, has been
witnessed in the whole history of the race. To many it
seemed meaningless; and to others, not less numerous,
it seemed impossible of explanation. Foolishly extrav
agant as the demonstrations were, it now begins to ap
pear that they were not so meaningless as they seemed.
They have commanded the serious attention of the
German Imperial Government; Austria has been no in
different spectator, and Italy, witnessing the bolder
attitude which France has just assumed, has been
raised to a high pitch of excitement.
Among the items of news which are of specially com
manding interest, one is that President Carnot, so re
cently in doubt as to whether he should be permitted
to complete his Presidential term, has won such popu
larity through the Russian visit, that he is certain to
be re-elected. Another is that the French Govern
ment is strengthening all the Southern fortifications,
and all the points which might be taken advantage of
by invaders from the South. Another piece of fresh
intelligence comes to us from Rome. An Italian Cabi
net crisis is imminent. In view of the fact, we are
told that ex-Premier Crispi, on being approached pri
vately and asked whether he would support a new Cabi
net with Joseph Zanardelli at its head, gave for answer
that “ his attitude would depend entirely upon the
budget proposals. He had until recently favored ex
tensive economies ; but in view of the present situation
of Europe he felt that it would be impossible to re
duce the military expenditure. In the event of a
sudden conflict Italy must be prepared for immediate
action.”
It is not so very strikingly apparent at the first
glance that these various news items point in the same
direction. Inferences various and even contradictory
might be drawn from the report that as the result of
the Russian naval visit the re-election of President
Carnot is assured; one of the most natural inferences,,
however, if not also one of the most obvious, is that
the French people have become imbued with a feeling
of gratitude to the man who brought about that visit,
and who so handsomely—with so much grace and
dignity—entertained the illustrious strangers, and
directed, if he did not actually dispense, French hospi
tality. It is not necessary to look for any mysterious
or hidden meaning, although it is not to be doubted
that the re-election of Carnot will conduce to the inter
nal tranquility of France, because it will prevent the
revival of many troublesome questions. We are not
disposed to lay any unnecessary stress on the action of
France in strengthening the southern fortresses. It
is mainly a precautionary measure—a measure rendered
the more necessary because of the excited condition and
semi-hostile attitude of Italy. Nor are we prepared at
this stage to put a warlike interpretation on the re
ported statement of ex-Premier Crispi. The truth is
that the items of news which we have reproduced, and
November 11, 1898, J
THE CHRONICLE.
a ll th e o th er in d ic a tio n s o f th e m o m e n t, p o in t to p eace
ra th er th an to war.
D iffic u lt as it is to a tta c h a n y so lid sig n ific a n c e to
d em o n stra tio n s w h ich in th e m se lv e s p resen ted so m u ch
o f th e lu d ic r o u s, a n d w h ic h w ere so c o n tr a ry to th a t
d ig n ity w h ich had h ith e r to b e e n c h a r a c te r istic o f
in te r n a tio n a l co u rtesies, it m ig h t b e less d iffic u lt to
sh o w th a t if th e y w ere u n n e cessa ry to p r e v e n t a w ar
w h ic h wa3 n o t im m in e n t, th e y h a v e b een h e lp fu l in
e sta b lish in g th e e x is tin g p ea ce o n m ore secu re fo u n d a
tio n s . In s a y in g th is m u c h , w e are w illin g to a d m it
th a t su ch a re su lt was a so m e th in g b eyon d w h at eith er
o f th e p a rties foresaw or in te n d e d . I f w e are to p la ce
a n y c o n fid en ce in a ru m o r w h ic h g a in e d a certa in
a m o u n t o f cr ed en ce, war w as th r e a te n e d fro m o n ly o n e
q u arter. T h e ru m o r was th a t I ta ly h ad serio u sly c o n
te m p la te d an in v a sio n o f F r a n c e , o n h er so u th ern
b ord er, w h ere th e d e fen ces w ere w ea k ; th a t E m
p eror W illia m w as n o t op p osed to th e p r o je c t ; b u t th a t
F r a n c is J o sep h o f A u stria w ould n o t lis te n to th e pro
p o sa l, a n d th a t th erefo re th e c o n te m p la te d raid was
a b a n d o n ed .
M o st ce rta in ly th ere are n o im m ed ia te sig n s o f war,
I ta ly , it is tru e, is ill a t ea se; h er trea su ry is em p ty ;
an d sh e look s w ith a h u n g ry ey e tow ard s N ic e an d the
a d ja c e n t territo ry . B u t to ru sh h e a d lo n g in to a trial
o f str e n g th w ith F ra n c e w o u ld be to c o m m it n a tio n a l
su ic id e . F ra n co h a s n o t ab a n d o n ed her p u rp ose in
regard to A lsa c e and L o rra in e; h o t F ran ce Li in no
m oed to ra sh ly p ro v o k e G erm a n y , a n d th u s p rob ab ly
rep ea t th e fo lly o f 1870. I t in su ch an en terp rise she
c o u ld c o u n t on R u ssian a id , w h ich is d o u b tfu l, sh e
w o u ld a lso h a v e to c o u n t u p on th e o p p o sin g fo rces o f
A u stria a n d Ita ly as w e ll as <h r m a n j. T h e p resu m p
tio n is th a t F r a n c e w ill sh ow m ore c o n te n tm e n t be
ca u se o f th e o p en ly avow ed fr ie n d sh ip o f R u ssia . A t
th e p re se n t m o m en t it is sa fe to a ssu m e th a t th ere is
n o th in g on th e su rfa ce o f affairs to ju s tify fea r o f open
h o s tilitie s in an y q u arter. I ta ly n o lo n g er th rea te n s
F ra n c e; F ra n ce d oes n o t th r e a te n G erm an y; and at
S t. P e te r sb u r g p ea ce co u n se ls p rev a il.
I t 13 o n ly g en ero u s to F ra n ce an d also to R u ssia to
say th a t th e u n b o u n d ed jo y w h ich th e y m a n ifested —
m a n ifested alm ost w ith c h ild -lik e w eak n ess— m u st be
ca p a b le o f so m e ex p la n a tio n . If an e x p la n a tio n is to
b e fo u n d a t a ll it is to be fo u n d in c o n n e c tio n w ith the
T r ip le A llia n c e . T h e avo w ed o b je c t o f th a t a llia n ce is
th e p reserv a tio n an d p ro te c tio n o f th e p ea ce o f E u ro p e.
I t p o in te d , a t first, and it still p o in ts, to R u ssia on th e
o n e h a n d an d to F ra n ce o n th e o th er as th e probable
d istu rb ers o f th a t p ea ce. W e h a v e n o reason to b elieve
th a t R u ssia h as ev er b een g r ea tly or seriou sly troub led
by th e m a in ten a n ce o f th e A llia n c e . Its fo rm a tio n
w as u n d o u b te d ly a ca u se o f ir r ita tio n ; a n d th e pre
su m p tio n is th a t sin c e its fo rm a tio n it baa m ore than
o n c e th w a rted her a m b itio n s sch em e s. B u t R ussia is
eo m c io u a o f h e r s tr e n g th . W ith in h er ow n lim its she
fea rs n o fo e. O f a ll th e g r ea t P o w ers sh e h a s th e lea st
ca u se to d read in v a sio n . If sh e ch erish es agg ressive
a n d a m b itio u s sch em e s o u tsid e o f h er ow n territo ry ,
sh e ca n b id e h er tim e . B u t it is n a tu ra l for h er to feel
th a t th e T r ip le A llia n c e had p la ced h er in an iso la ted
p o sitio n ; an d it is som e co n so la tio n fo r h er to be able
to p o in t to F r a n c e , n ow restored to m u ch o f her
a n c ie n t str e n g th , as a fr ie n d , if n o t a n a c tu a l a lly .
F ra n ce is n o t so fa v o ra b ly situ a te d a3 R u ssia . H er
situ a tio n ia m u ch m ore c r itic a l. W ith th e T r ip le A lli
a n ce g u a rd in g th e p ea ce of th e C o n tin e n t, an d by no
m ean s frien d ly to h er, an d w ith G erm a n y , A u stria an d
789
I ta ly in a sen se h o stile , sh e h as fe lt h e r se lf a lo n e in th e
v ery h ea rt o f E u ro p e . I t w as n a tu r a l th a t sh e sh o u ld
be on th e o u tlo o k fo r a fr ie n d ; R u ssia alo n e w as a v a il
ab le ; a n d u n n a tu r a l, a n d in so m e re sp e c ts u n w ise , as
th e fr ie n d sh ip or se m i-a llia n c e m a y b e, i t m ea n s c o m
p a n io n sh ip — it m ean s sy m p a th y — it m ea n s str e n g th . I t
m ea n s, from th e F r e n c h sta n d p o in t, th a t as a p eop leth e y are n o lo n g e r a lo n e in E u ro p e . I t is th is w h ic h
h elp s u s to u n d e rsta n d th e w ild an d u n r ea so n in g ju b ila
tio n . W e h a v e n o e v id e n c e th a t a n y fo rm a l b o n d o f
a llia n ce h a s y e t b een co n c lu d e d ; b u t w e c a n n o t d o u b t
th a t a fr ie n d sh ip h as b een sea led — a fr ie n d sh ip w h ich
in c e rta in p o ssib le e m e r g e n c ie s m ay b e sev er ely p u t to
th e te st. W ill it sta n d th e te st ? is an im p o r ta n t q u es
tio n .
W e h ave ca lled th e re cen t d em o n stra tio n s lu d ic r o u s :
and w e fin d it d iffic u lt to clo se th is a r tic le w ith o u t an
a llu sio n to th e p a st r e la tio n sh ip , an d to th e p r e se n t
m ark ed an d p e c u lia r d iffere n ces, o f th e tw o g o v e r n
m en ts an d p eo p les. T h e h isto ry o f th e tw o c o u n tr ie s
d u rin g th e w h o le o f th e p re se n t c e n tu r y h a s b een a
h istory o f a n ta g o n ism . O f th e first F r e n c h R e p u b lic
R u ssia w as on e o f th e m o st b itte r e n e m ies. I n b r in g
in g ab o u t th e r u in o f th e first F r e n c h E m p ire R u ssia
was on e o f th e p rin cip a l a g e n ts. L o o k e d a t in th e lig h t
o f th e p a st, th is su d d e n o u tb u r st o f fr ie n d sh ip d oes
seem str a n g e . T h is, h o w ev er, is n o t a ll. F ra n ce is a
rep u b lic: R u ssia is a d esp o tism . T h e fo rm s o f g o v e r n
m ent are as o p p o site as lig h t a n d d a rk n ess. T h e y are
essen tia lly a n ta g o n is tic ; a n d y e t w e find th e tw o
p eop les lo c k e d , so to sp ea k , in ea ch o th er’s arm s. I t
is a sin g u la r , s u g g e stiv e , a n d , as w e h a v e said , so m e
w h at lu d ic r o u s p ictu r e. T im e w ill te ll w h eth er th e
frien d sh ip is g e n u in e , a n d w h eth er th e w ild d em o n stra *
lio n s b y w h ic h it was so fo r c e fu lly ev in ced w ere n o t th e
ou tco m e o f a m ere p a ssin g e x c ite m e n t.
B A IL ROAD GROSS E A R N IN G S FO R
OCTOBER.
O ur sta te m e n t o f g ro ss e a r n in g s for O ctob er reflects
th e d ecid ed c h a n g e fo r th e b etter w h ich o ccu rred in
th e retu rn s d u r in g th a t m o n th . T o be su re, th e roads
w ith d ecrea ses still g r e a tly o u tn u m b e r th o se w ith in
creases, th ere b e in g in d eed o n ly 30 roads o u t o f th e 121
in clu d ed in ou r ta b les w h ic h fa il to sh ow a loss, b u t th e
a g g reg a te re su lt fo r th e w h o le 121 roads g iv e s a d ecrea se
of o n ly $ 1 ,2 4 3 ,8 9 3 or 2*38 p er c e n t, w h ile for S e p te m
ber th e d ecrea se w a s 1 4 ,9 7 1 ,5 0 3 , or 9*77 per c e n t, an d
for A u g u st $ 0 ,3 4 4 ,3 4 8 , ot 13 p er c e n t. T h e b e tte r
resu lts fo llo w in p art from th e im p ro v em en t in th e
trad e s itu a tio n , as ev id en ce d by th e sta r tin g u p o f so m e
of th e m ills, fa cto ries a n d fu rn a ces w h ich in th e p r e
vio u s m o n th s h ad been clo sed d o w n , an d in p a rt from
th e ex tra p a ssen g e r traffic d eriv ed from th e W orld's
F a ir, th e e ffe c t u p on rev en u es o f th is la tte r a g e n c y
d u r in g O ctob er (th e c lo sin g m o n th o f th e E x p o sitio n )
h a v in g been, th e m o st str ik in g o f th e w h o le p eriod o f
th e F a ir ,
T h e b etter sh o w in g ha3 b een m ad e w ith o u t a n y in
crease in th e g ra in m o v e m en t, b u t w ith th e aid o f &
so m ew h a t la r g er c o tto n m o v e m en t. T h e co m p a riso n
w ith la st year ia m ore fav o ra b le th a n it o th er w ise w o u ld
be b y reaso n o f th e fa c t th a t a v a riety o f d ra w b ack s a t
th a t tim e op erated to k eep d ow n th e ea rn in g s, so th a t
in th e a g g r e g a te th e in cr ea se th e n w as co m p a ra tiv ely
sm a ll, r e a ch in g on ly $ 9 3 7 ,0 6 5 , or less th a n tw o p er
c e n t, a n d th is n o tw ith s ta n d in g th e g ra in m o v e m e n t
th e n w as o f ex tra o rd in a ry p ro p o rtio n s. T h e fo llo w in g
THE
79 0
C H R O N IC L E .
[V ol. L V II.
is a summary of the October totals of earnings for a and the Louisville & N ashville third with a decrease of
$410,917. Each of these roads, it will be noticed, comes
number of years past.
from a distinct section of the country. Other roads
with large losses are the Atchison with a decrease of
$298,174, the Richmond & Danville (reporting for the
first time) with a decrease of $148,672, the Denver &
Rio Grande with a decrease of $133,000, the Mexican
National with a decrease of $116,000, etc., etc. The
following is a full list of all gains and all losses above
$30,000.
Mileage.
Earnings.
Tear
Given.
Tear
Preceding.
Tear
Given.
Tear
Preceding
October.
1889 (152 coads).........
1890 (156 roads)........
1891 (1*7 roads)........
1882 (182 roads)........
189.3 (121 roads).........
Miles.
83,273
93,668
100,022
91,795
96,294
Miles.
80,804
91,188
97,506
90,278
93,800
*
46,168,096
51,805,105
58,058,545
51,685,330
51,163,185
*
41,094,321
49,392,902
53,492,548
50,747,665
52,409,077
Jan. 1 to Oct. 31.
1889 (138 roads)........
1890 (U 6 roads).........
1891 ( l « l roads)........
1892 (126 roads)........
1893 (11.8 road s)........
81,212
91,627
99,926
89,594
92.940
78,792
89,197
97,410
38,175
90.446
349,914,790
415,046,015
461,837,442
422.812,310
427.097.007
321,276,191
379,872,690
436,332,941
398,990,395
430.337.407
Increase.
or Decrease.
Inc.
Inc.
In c.
In c.
Dec.
$
5,073,775
1,912,203
4.565.997
937,665
1,245,892
Inc .28,638,605
I n c .35,173.025
Inc .25,504,501
Inc .23,822,415
Dec. 3,240,340
P R IN C IP A L CH ANG ES IN G R O S S EAR N IN G S IN O C T O B E R .
In creases.
D ecrea ses.
Illinois Central............... $ 7 0 2 ,1 1 4
Mo. Kans. & T e x ... . . .
241,852
Chic. Hock I. & Pacific.
2 2 8 ,0 5 4
Chic. & Grand Trunk*.
225 ,3 2 8
Chic. Mil. & St. P a u l...
205 ,0 3 8
Grand Trunk. ................
182 ,1 4 4
Chic. & East Ills .............
6 7 ,7 9 7
N. Y . Cen. & H. River ..
60,4 1 7
N. Y . Ont. & W este rn ...
t»0,525
Louisv. N. Alb. & Chic.
55,438
Pitts. & Westn. (3 r’ ds).
48,303
Burl. C. R. & North........
4 6 ,4 2 4
45,8 2 1
Texas & P a c ific .............
Denver A Rio Grande.. $1 3 3 ,0 0 0
Mex. National.................
1 16,000
Clev. Cin. Ch. & Sfc. L ...
9 6 ,9 1 4
Int. & G g. N orthern ___
8 3 ,2 7 8
Ches. & Ohio ...................
77,031
Tol. St. L. & K . C i t y ....
74,2 8 6
6 1 ,2 5 2
Lake Erie A West n ___
60,6 2 6
Grd. lids. & Ind. (4 r’ds)
60,4 4 0
Mex. Central....................
St. Paul A D u lu th ..........
54,2 5 8
5 0 ,3 0 0
W est. N. Y . <fc Penu.......
4 9 ,8 4 1
Ch. Gr. W estern.............
43,8 7 1
Gt. Northern (3 r’ds) .,
43,5 5 1
Ohio & M iss........... .........
40,9 7 7
Total (representing 15
Kan. C. Ft. S. & M em ...
4 0 ,1 0 5
roads)...........................$ 2 ,1 69,255 St. Jos. & Gd. Isla n d ...
40,018
Minn. 8t. P. & S. S. M ..
D ecrea ses.
39,7 8 2
Northern Pacific .......... $7 3 0 ,1 8 5 Rio Grande Southern..
473 ,7 5 5
Mo. P ac ific ......................
Total (representing 29
Louisv. & N ashv...........
4 10,917
roads).......................... $3 ,2 2 7 ,2 3 3
Atch. T. & S. Fe (2 r’ds)
2 9 8 ,1 7 4
Rich. & D anville...........
1 48,672
A favorable feature in the returns the present time
is the quite considerable number of roads which report
very large gains over 1892. TVe have already stated
that there are only 36 roads altogether (out of 121)
which are able to show any gains, but of these over a
dozen may he classed as reporting increases heavy in
amount. Of course the Illinois Central stands entirely
by itself, its increase beiDg very remarkable, and
reaching $702,114. But besides that road, the
Missouri Kansas & Texas has $241,852 increase,
the Rock Island $228,054 increase, the Chicago
& Grand Trunk $225,328 increase, the St. Paul * Three weeks.
$205,038, the Grand Trunk $182,144, the Chicago & We have stated above that there had been no gain in
Eastern Illinois $67,797, the New York Central $60,- the grain movement. As a matter of fact there was a
417, the Ontario & Western $60,525, the Louisville heavy falling off. This statement, however, applies
New Albany & Chicago $55,438, the Pittsburg & West chiefly to wheat, where the movement last year had
ern $48,303, the Burlington Cedar Rapids & Northern been of extraordinary proportions. At the principal
$46,424 and the Texas & Pacific $45,821 increase. It primary markets in the West the receipts of wheat for
so happens, too, that with a very few exceptions (the the four weeks ending October 28 the present year
Texas & Pacific and the Kansas & Texas are the only were only 23,446,030 bushels, against 35,995,936 bush
ones of consequence) all these roads had gains last year, els in the corresponding four weeks of 1892. Here,
making the further increase in 1893 all the more note then, there was a loss of over 12^ million bushels. Iu
worthy. We need scarcely say that the roads men the case of the other cereals, however, with the excep
tioned nearly all derived important benefits from the tion of rye, the large totals of last year have been re
Pair.
markably well maintained. Annexed is our usual table
We have no figures to show the passenger earnings giving full details.
28
of any of the larger roads which had a heavy traffic to
the Pair with the exception of the Grand Trunk of
Canada and irs Chicago line the Chicago & Grand
Trunk, but the gains in that case indicate how striking
has been the improvement on that account. On the
Grand Trunk proper passenger earnings for the four
weeks ending October 28 increased $278,786 and on the
Chicago & Grand Trunk for the three weeks ending
October 21 (latest figures yet reported) the increase was
$263,120, making together $541,906. The passenger
revenues of the Chicago & Grand Trunk for the three
weeks the present year were $338,501 against only
$75,381 last year.# Some of the smaller roads also give
evidence of the effect of the Fair upon their receipts.
Thus the Evansville & Terre Haute has passenger
revenues of $65,927 for October, 1893, against only
$27,365 for October, 1892. The passenger earnings of
the Cleveland Cincinnati Cnicago & St. Louis w°re
$460,764 this year against $393,826 last year. In those
instances where the roads were not in position to be
benefitted by the travel to the Pair, passenger receipts
pretty generally show a falling off, thus reflecting the
effects of the depression in business. The Ohio & Mis
sissippi, for instance, which runs to St. Louis and not to
Chicago, reports passenger receipts this year of $113,836
against $149,932 in October, 1892.
As in previous months, the road distinguished for
heaviest loss in earnings is the Northern Pacific, it re
porting a decrease for the month of $730,185. The I
Missouri Pacific stands secondwitha decrease of $473,755,
RECEIPTS O F
F L O U R AN D G R A IN
FOR FOU R W EEKS
E N D IN G
O CT.
AN D SINCE J A N U A R Y 1 .
Flour,
(this.)
onxeago—
4 wks. <>ct., 1893.
[ wks. O ct., 1892.
Since Jan. i , 1893
Since Jan. 1,1892
Milwaukee—
1 wks. O ct., 1893.
4 wks. O ct., 1892.
Since Jan. 1,1893
3ince J an. 1,1892
St. Lows—
4 wks. O ct., 1893.
4 wks. Oct.. 1892.
Since Jan. 1,1893
Since Jan. 1,1892
Toledo—
4 wks. Oct.. 1893.
4 wks. O ct., 1892.
Since Jan. 1 , 1893
Since J an. 1 , 1892
Detroit—
4 wks. O ct.. 1893.
4 wks. O ct., 1892.
Since Jan. 1,1893
Since Jan. 1,1892
Cleveland—
4 wks. Oct., 1893.
4 wks. O ct., 1892.
Since Jan. 1,1893
Siace Jan. 1.1892
Peoria—
4 wks. O ct.. 1893.
4 wks. Oct., 1892
Since Jan. 1,1893
Since Jan. 1,1892
Duluth—
4 wks. Oct.. 1893.
4 wks. Oct., 1892.
Since Jan. 1,1893
3ince Jan. 1,1892
ATinrxeaoolls—
4 wks. O ct., 1893.
•l wks. Oct., 1892.
Since Jan. 1,1893
Since Jan. 1, 189c
Wheat,
(bvsh.)
Corh,
(bush.)
332,818 3,341,666 11,108,312
475,109
9,271,918 11,736,133,839,385 29,722,593 73,393,408
4,646,745 40,280,981 68,706,729
Oats,
(bush.)
9,090,068
8,502.583
69,732,607
67,695.633
Barleg,
(bush.)
Rye,
(bush.)
2,839.724
134,450
3.270,551
584.855
9.259.04G 1.249.967
1L,554,812 3,423,332
143,000
850.000 3,170,218
•708.983 2,081,379
72,000
884.600 6,600,444 7,536,-18
1,142,370 5,068.563 6,839,018
147.000
408.066
1,U01,810
1,238,244
447.890
1.649,450
1,847,065 1,161,960
89,750
492.657
3,512,039
1,321,685 1,051,900
136,911
983,538 12,1*56,306 26.983,370 S^-S 9.956 1.112.737
1,217,724 24,262,541 25,349,857 S,4j?5,326 l,?o9,057
33,600
239,787
487,441
813,212
1,732.537
93,536
1.810,213
227.454
1,311.626 10,158,119
2,232,694 11,980,851
48,000
19,400
356,910
251,698
100
4,600
5,400
23,800
1,106,574
1.142.687
7.033.688
6,736,723
207,658
90,152
219,329
162,498
1,613,791 1,938,369
935,405 l,60ij,758
35,563
155.828
374,092
738,951
23,500
39,735
230,174
295,830
130,000
194,606
1,475,135
1,717,057
205,000
42,000
183,686
81,288
442,695 2,083,017
503,498 1,990,482
19,000
37,177
348,920
294,492
8,000
6,316
87,323
31,399
25,100
15.350
261.950
159,525
91.200
ly3,850
988.850
1,295,750
1,090,350 1,994,100
898,700 1,540.400
8,020,790 16,565.900
9,350,300 11,670,750
214,400
178,200
832,600
979.450
23,400
42,000
95,100
202,652
693,770
576.270
3.974,936
3,573,806
6,589,983
7,645,89.3
23,444,674
31,533,799
6,732.8?8
0,220.392
19,470,119
22.170.2K
372,350
1.352,924
3.134,541
0,159.063
8,489
10,28?
86.834
70,519
1,351,800
2.512,900
9,466,870
20,329,058
16.658
23,775
135,574
146,950
458.900
483,200
5,661.158
5,956,942
25,300
72,400
212,900
450,829
115,386
7,452,820
9.711,830
44,458.455
53.999,847
Total of all—
4 wks. O ct.. 1893. 1,283.621 23,446,030 14,785,779
4 wks. Oct.. 1892. 1.504,891 35,995.936 14,755,507
Since Jan. 1 , 189J 10,824,027 138,934,390 117,115,256
Since Jan. 1. 1892 12,3-43,793 192,137.20? 111,945.101
13,562,784
12.229.261
105527203
96.827.210
In add ition to th e a b o v e th ere was re ce ive d at Kansas City during th e five
weeks this vear 1.390,915 bushels o f w heat, 159,644 bushels o f corn and 11,298
bushels o f oats. Since January 1 th e receipts h a ve b een 9,129,463 bushels o f
wheat, 1,879,962 bushels o f corn and 155,695 bushels o f oats
THE CHRONICLE.
XOVBMBKH 11. 1893.]
A co n sid era b le p o rtio n o f th e lo ss in w h ea t, i t w ill be
o b served , fe ll u p o n C h ica g o , a n d from th e fo llo w in g
ta b le sh o w in g th e g ra in m o v e m en t for th e e v e n m c n th
a t th a t p o in t it w ill be seen th a t a g g reg a te g ra in r e
c e ip ts th ere th e p resen t y e a r w ere o n ly ab o u t 2 8 | m illio n
b u sh els a g a in st 3 o | m illio n b u sh els in 189 2. H o w ev er
w e g e t an id ea o f th e e x c e p tio n a l d im en sio n s o f la st
y e a r ’s m o v e m e n t w h en w e n o tic e th a t th e y ea r b efore
th e a g g reg a te o f re ceip ts w as o n ly a little over 18 m il.
lio n b u sh e ls. H e n c e , w h ile th e r e c e ip ts are 1% m illio n
b u sh els b elo w th o se of 1892 th e y are fu lly 10 m illio n
b u sh e ls ah ead o f th e to ta l for 1891. I n th e case o f th e
r e ceip ts o f liv e h o g s a t C h ica g o th e re su lt is som ew h at
d iffere n t; th ere w e h ave a loss as co m p a red w ith 1892,
an d a still larger lo ss as co m p a red w ith th e year b efore,
as w ill ap p ear by th e fo llo w in g .
RE CE IPTS A T CH ICA G O D U R IN G O C T O B E R A N D SIN CE J A S C A R T X.
October.
1893.
W h m t.b m h .
€ o r a ...b m h .
0 a t * . . tratfc.
a ? # .,
B a rle y .b a s h ,
T o t a l g r a in
n o w . . b b l* .
P o f k . .„ b b l x .
3.K 8 .S 1 7
tl.7 5 S .I0 7
9.STS.747
i« jss
3.087 MSI
Cvttm ’ U .lb*.
Laura.., . .l b * .
L i v e b o t i* f t p
m 2.
12.007.771
BM&.90Q
m jm
z .m & r *
m jm jm
mt
ISB3.
8.<B7.SS« w fe w tm
2 .9 M , 13» 74,043.579
5 8 a u r a 7QJU0,490
lJ 7 7 .s u
9,487,143
iM L m
517*96
1SOS.
1891.
w sm M ?
m ju iM i
3 3 ,m ? S l
m
m
12,049,110
18,073,440 m M i m
s m jm
mi
is ^ r .7 0 8
M SM & 6
5m j-M :
Since Ja n u a ry l .
50.510,825
7,064,140
U U K 1 3 1 ISO JM L7S2
1.-777.K7
8 .S S U 5 1
15,0-77
S .t n j
m i E I - F . I8 7.H I7.U I
5 8 .7 7 3 .7 * 5 5 .0 U .5 0 3
* .1 H I F
0J>SJ,«7
112, IM
s ,t r ?
m g m j m m jm je m
h r w m . 40.SSO.IPS
im % M i
m um
In th e c o tto n m o v e m e n t th ere was a d rop in th e r e
c e ip ts a t th e S o u th e r n p orts la st year from 1 ,5 1 0 ,4 2 5 to
1 ,1 1 9 ,9 9 7 b ales; th e p resen t year th ere ha3 been a
recovery to 1 ,2 9 9 ,9 1 8 bales. T h e gross sh ip m e n ts o v e r
la n d , h o w ev er, rea ch ed o n ly 1 0 6 ,7 2 1 bales in O ctob er,
1 8 9 3 , a g a in st 1 3 8 ,4 3 2 b ales in O ctob er, 1 8 9 2 , an d 2 7 3 ,769 b ales in O cto b er, 1891.
RECEIPTS OF COTTON AT SOUTHERN TORTS IN OCTOBER AND TROW
JANCART 1 TO OCTOBER 31. IS 1893. 1802 AVI. 1801.
Since JOMOaru 1.
M K
O tX m ttm ................
81 P*«r., * c ......................
O ri«a n a ,_...................
Xob<l*..................................
9U>ri4m,t ........ .
„**„„,****.........
B m n tw fck . A c . .
...
C h arleston......... . .
. ..
Port a o » » l. h e ...............
WllaQitynum.. . . . . . . . . . . . . .
W M hlnEton. A c ............
N o r f o lt - ...............................
W **t P o in t ,* * ,....... . . .
t& ijiu
M 79
m r<m
itM l
% m jm
18. DM
10M&1
ta.ooi)
um .
)
inwi.
» ! .
m i.
m i.
U 4M a} m m *
9m jm \ M 9 j m
r m jm
u jm
a mz
&k®n
it,O il
it
m , m i: m m * i
hm M vxm rm
40,757.
m .? l 9
190,679
ia a i3 *
•.*.!»•!
5 .1 »
u .n & l
9,im
m j 7 o i 2 m .im
M u.m i m u m
m a s s -1 rn.hn t m j m
M M * ■ 44,5#*
387.154
u jm
tm .i3e
3*1
3.175
u .m
5.443
*9,0751
m m .
m m
m.$%8 110.577
m
mi
M lj
1,65!
14**
s itj m
w jm i m * m
m m
391,467
m .t « » ;
«u »t|
416
791
I n th e S o u th w e st, g a in s in e a r n in g s, as a lrea d y n o te d ,
are rep orted by th e M issou ri K a n sa s & T e x a s, th e S t.
L ou is S o u th w este rn and th e T e x a s & P a cific, w h ile th ree
m in or roads in th e sam e sec tio n are fo u n d k e e p in g
th em co m p an y. T h e M issou ri K a n sa s & T ex a s i s
o p era tin g a larger m ilea g e, o f co u rse, b u t it is n o te
w orth y n ev erth ele ss th a t w h ile th e road rep o rts an i n
crease o f $ 2 4 1 ,8 5 2 , th e M issou ri P a cific h as a d ec rea se
of $ 4 7 3 ,7 5 5 .
EARN ING S O P SO U T H W E STE R N G R O 0 F .
OcIoSrr.
| ISOS,
i
IS93.
1891.
»
SL U R S, F....
S3t.S5.J:
375.8*11
O eoJt m o Or«Mt,50e
511,901
F o L i G t . No.
4 2 8 .# »
a * * a i0 6
K .C -F.S.SM .- M 0M 8SM o .K . i T e A . 1.7SS.S,!
1,046,37*
2.788,327
M o.P ..tIr.M !
*,381472
134,935
St. i M t O r . I .
O t.tvi
St. U Son w.
527,»»S
*99,771
Texan A Pac
8*0J * 3
800.822
t
f 3,682,331
i 170,686
9*2,003
854,2*4
510,18*
500.887
1.1*9,818
2,735,288
W0,«»1
577.2*17
B0S.534
»
8,858,882
157,008
868.655
872,189
*72,307
*51,075
1,002,70?
2,453.482
103,5C0
*00,967
861,405
T o t a l.... . . . . 11,1*9,015 11,903,001
12,038,996
11,153,165
*
3.S68.808
1S90.
ISS9.
18SS.
1
3.010.758
115,007
780,941*
816,220
2,843,051
132,481
732,803
*63.657
864.435
417,371
801,254
112.171
520.305
814,10*
121,512
383,717
685,115.
i
* Figure her# for 189$ and IS 2 are simply the totals of the earnings for the*
tour weeks of the month as reported in the weekly returns; the month’s
tally exceed the weekly estimates unite eoudderably.
earnings mmMj
T h e N o rth w estern g ro u p co m p rises th e road s in
clo sest p ro x im ity to C h ica g o , an d h en co tho F a ir tra v el
was an im p o r ta n t ite m in th e traffic o f th o se ro a d s.
T h e R ock Isla n d an d th e S t. P au l b oth rep o rt c o n
sid erab le g a in s (th e se g a in s c o m in g a fte r g a in s la s t
year too) and th ree o f th e sm a ller roads are lik e w ise
d istin g u ish ed for th e favorab le ch a ra cter o f th e ir e x
h ib its. T h e roads r u n n in g to L a k e S u p erio r, lik e th o
St, P au l & D u lu th an d th e “ Soo*' road, h ave n o t fared
so w ell, and th e C h ica g o & G rea t W estern also su s
tained a co n sid era b le d ecrea se.
EARNINGS OF NORTHWRSTRRN LINES.
October,
im i.
1800.
*
‘
*
<77,00*
495,070
m i /m
Bor* ('« d .R .R No
ttr.-aN
" m e . A O t. W w l
O bfe6.M il.A8i, F. i
3.717,Vi"
M IlwaakceAM o |
Cbtc. H, 1. A SHm*. - 24*3.201 1,015,2*0
IBLMl
tiw jm
Duluth S. S. 4 A ll
ir , Stm hm n 8y*.
1,977,922' 2,021,79*
IM.OU
low* Gm&nA *-. M1b » . A St, Lttttls.
a u .a * ..
3-:^,356»
« . S L P. A S . a M.
191.2*1;
3 L P * u l k Duluth
S48,400f
T o t a l,,.
10,107,591
lm .
1890.
1880,
188S.
%
*
*
»
*50,573
387.470
SSS.531
S»0,f»G
4C3.702
274,140
432,70*
405.781
(3,470650 2.905,771 *.951,s t o 2.942.401
1SO,60«‘
111,021
1 178,3*0
12V.M3
1,730,477 1,756,431 1,787,081 1,676,035
198,284
232,05»
1G1.25G
2014*9
l.-ym .uis 1,514,920 1,401,535 1,050.417
141,900
180,447
100.003
171,511
143,240
182.229
r22,503
170.302
150.888
309,866
19^,316
228,540
189,995
180,090247,6*1
178.013
U3SS1.1W 0,381*287 8,mW.047 8,063,077
7,057,407
In th e P a cific C oast se c tio n d ep ressio n s till c o n
w jm
m
tin
u es very p r o m in en t, an d th e G rea t N o r th e r n sy stem
im jm
♦3.381
(as a w h o le) h as a sm a ll lo ss, n o tw ith sta n d in g th e in
T otal .....................
l.299,01^ 1.119.997 L S lb J fS M O W S
4.4A3.8V5 creased
m ilea g e o n its e x te n sio n to th e C oast. T h e
W h eth er it is b ecau se o f th is la rg er c o tto n m ove" N o rth ern P a cific has a n o th e r v e ry s tr ik in g d ecrea se,
m e n t or b ecau se o f an im p ro v em en t in th e tra d e s it u a and th e C a n ad ian P a c ific a g a in is ab le to sh ow a sm a ll
tio n in <he S o u th , an y h o w som e o f th e S o u th e rn roads in crease.
B U O T S G g OF PACIFIC ROADS.
h a v e d o n e m u ch b etter th a n in th e m o n th s p reced in g
October.
1893.
1892.
1891.
1889.
1800.
th e losses b ein g sm a ller in several in sta n ces and th e
I
f
i
•1
i
♦
M ob ile & O h io an d th e G eo rg ia T iiilroad a c tu a lly C » n » d l» » P * e ia o .. 2,134.000 2.112,763
2,012,502 1,766.447 1,707,000 1,348,700
h a v in g in creases. T h e L o u isv ille & N a sh v ille again N orth’ll Paul#e 2JI8.L0*) 2.048,285 2,893,305 2.022,820 *.088.102 2,200,0 50
W e s t ..
225,700
197.222
217.800
115,240
203,161
ip o see
has a h ea vy loss, a n d th a t sy ste m d o u b tle ss fe e ls 'th e W oTGorands
ta l................
4.577.WU 3,308,848 6.200,018 4,880,480 4.647.988 3,754,605
effects o f th e in te n se d ep ressio n in th e iron trade
w h ich is so a c u te ly fe lt in th e S o u th .
A m o n g th e roads in th e M id d le an d M id d le W e stern
BA&wimn o r m im m tva on ou r.
S ta tes we find m ore in crea ses th a n an y w h ere else, a n d
1 WPS. i nest, f xan. | ism. \ ISM. 1 w m , tho im p ro v em en t in m ost cases is d u e to th e traffic fro m
1
th e F air. T h e tru n k lin es to C h ica g o o f co u rse h av e h a d
*
*
f
f
1 835.510 900,5*1
*73,821 very im p o r ta n t b en efits from th a t sou rce.
no&m
T he N ew
*.
€N» 1i MNM00
mum toijml ixm )
m m *
* 40OJ75 *101003 mMv mjm 111.919' 91,070 Y ork C en tral m u st be co n sid ered to h a v e d o n e w e ll.
E **i**< It K * m t ,, urn#*s
ijmjm \,7mmn. lefm.imi: 1,*87,053
M em phis it Cmt,-m ,m im /m 1MM® 130,411 m.nm 129,810 I t w ill n o d o u b t be u rged th a t th e road i3 o p e ra tin g a
Mobil# <fcOb*©..... , $m.mr iM&r* 348J70
m,?m
m i M t larger m ila g e , b u t fr e ig h t traffic m u st h av e b e e n m u c h
#70,1*4 -870,910
mi.5021 o h m ®
Sowtt* Carolina..,,
1903**51 I9MM ion.91: 14M«2 u n /m sm a ller th a n la st year, an d if th ere w as ex tr a p a ssen g e r
Tnrt*J, ..........
4,sy. *•«
traffic th e p re se n t year b y reaso n o f th e F a ir th ere
§jm.*#*' M ijm 1
trmr
I? .
^
***** w * m m pif th e total* <>r th e earning* f o r t h e
w as also a g o o d d ea l o f ex tra p a ssen g er traffic la st y ea r
l iS I
In tft#
retu rn *; the m .n th 's aarn
in and o u t o f N e w Y o r k b y reason o f th e C o lu m b ia n
P T ^ n m rm r^ * * * tb e
te x lm etfm A Bite i ma&j r o a d In th\* an6
ce leb ra tio n s h ere.
* Fourth week not reported; Harare** taken Mme a* last rear.
ot
792
THE
C H R O N IC L E .
[V ol . L\ II,
EARNINGS OF TRUNK LISES.
October.
1892.
1893.
1891.
Oross Earnings.
Name o f Road.
1890.
ias9.
1883.
B. & 0. S’W
C.C.C.&St L
G.T. of Can.
Ch. & G .T ..
D.G.H&M.
N.Y.C. & H.
Ohio &Miss.
Wabash__
*
228,851
1,254,152
1.908,022
*513,234
*98,029
4,350,295
350,143
1,402,000
*
241,512
l,351,Cfi6
1,725,878
2S7.906
103,125
4,289,873
393,094
1,411,780
*
235,005
1,291,503
1,682,780
284,731
104,038
4,173,6G3
401,958
1,333,631
$
219,555
1,263,071
1,635.804
306,477
101,659
3,635,154
396,468
1,278,0:6
3
220,2 LI
1,169,216
1,763,707
320, "46
93.. 99
3,792,057
414,687
1,344,200
*
181,637
1,031,225
1,033.121
253.505
100, >00
3,498,145
384.378
1,234,790
Total.......
10.104.720
9,804,839
9.517,909
8,838.2fU
9 .1 W 8 9
8.417.064
* Fourth week not reported; figures taken same as last year.
T h e o th er road s in th e M id d le a n d M id d le W e stern
S ta tes a lso in m a n y in sta n c e s m a k e g o o d retu rn ?,
th o u g h w h en w e co m e to sca n th e lis t o f in crea ses i t is
ea sy to see th a t th e F a ir h as b ee n th e p r in c ip a l fa c to r
in th e im p ro v em en t, an d th e e x tr a o rd in a ry in cr ea se
o n th e I llin o is C en tral o f co u rse c o n tr o ls th e g e n era l
r e su lt in th a t se c tio n . T h e B ig F o u r, th e L ik e E r ie &
W e ster n , th e T o le d o S t. L o u is & K a n sa s C ity , an d
so m e o th e r s, fa ll b eh in d in co n sid e ra b le a m o u n ts.
E 4R ST N G S O P M ID D L E AN D M ID D L E W E ST E R N R O A D S.
October.
Buff. Roeh. & Pitt.
Chicago AEast. ill.
Chic, fc West Mich
Col. Hock. Y.& Tol
Det. Lansing & No.
Evaasy.cfc Terre 11.
Flint. & P. Marq__
Gr. Rap.& lud. Sys
Illinois Central
Lake Erie & West.
Lon.l£vans.& St.L.
Louis. N.A. A Chic.
N. V. Out. & West.
Plttsb'g & West’ll.
8t. L. A .& T .H ....
Tol. & Ohio Cent...
Tol. Peo. & W est..
Tol. St. L. & K. C..
West. N. Y. & Pa..
Wheel. & L. Erie..
Total. ..
1893.
1S92.
1891.
1890.
18SD.
1833.
*
f
?
*
$
*
231,136
280,945
227,330
309,322
172,326
203.889
433,031
342,807
415,234
358,656
263,075
283,102
a 181,2:7 a 18 >,165 170,437
159,355
128,450
137,272
322,080
316,410
26I,63i
335,484
335,147
305,574
a 107.325 a 119,280
130,230
117,312
111.49C
112,795
102,334
101,799
98.453
90,973
78,243
78,163
211,336
254.942
233,427
256,806
203.278
204,990
230,326
291,452
291,886
281,2'12
276.728
204,375
2,580,221 1,878,110 1,859,185 1,754,083 1,680,0S2 1,332,672
283.653
308.555
230.CS2
263,517
344,905
221.157
155.633
118,995
172,524
160,244
142,1 S2
111.471
352,079
272,412
260,251
243,683
290,641
229,139
3r.6,9S5
150.833
306,460
293,057
194,901
240,023
234,3W8
209,097
219,143
190.594
216,095
193,680
137.f 60
145,470
125,480
97.C94
150.33S
146,272
188,606
153,709
177,076
180,759
132,379
161,691
198,994
92,899
92,569
94,011
96,078
93,283
350.434
224,720
187.440
154,219
111,402
64,367
285,i0c
345,186
318,346
335,400
329,030
341,227
13'\420
131,003
125,061
110,820
90,972
84,274
6.919.601 6,278,306 6,110,070 5,742,599 5,134,492 4,096.575
a b igures here for 1833 and 1832 are simply the totals of the earnings for the
four weeks of the month as reported in the weekly returns; the mouth’s eariingo usually exceed the weekly estimates quite considerably.
GROSS EAR N IN G S A N D M IL E A G E IN OCTOBER.
Oross Earnings.
Name o f Roaa.
1893.
$
Atch.T.& S.F eSvs.S . 3 ,8 10,079
St.L. & S. Fran. Sys..
82-1,25(5
Balt. A Ohio Southw.
228,851
B in n ’kam A- Atlantic
2,2o4
Biooklyn Elevated..
148,687
Bull Roeh. A Pi it s ..
281.13b
Burl Ced. R. A Nor..
524,08b
Canadian Pacific____ 2 ,134,000
Char. Sumter A N o ...
15,000
Chesapeake A Ohio..
825,510
Chic. A East Illinois.
483,031
Chic. Great Western.
445,838
Chic. Mil. & St Paul. 3 ,922,65c
Chic. R. Isi. A P a c ... * 1 4 3 ,2 9 4
Chic. A West M ich ...
181.237
Cin. G e org .& Ports..
6,539
Cin. Jack. & M ack___
56,089
Ci n. No rthwestern. . .
2,098
Ginn. I’ ortFm’ th & Va.
2 3 ,1 6 )
Col. A M aysv ille...
1,13 <
Clev. Akrou A Col. . .
80,695
Clev.Cin.C b.& St. I ... 1,254.152
Co). Hock. Val. & Tol.
3 2 2 ,0S0
Colusa & Lake............
2,140
Current River.............
10,2(30
Denv. «fe Rio G rande..
662.500
Des Mo. No. & West..
37.918
Det. Laos’g & N orth..
107,325
181,201
Dul. So. Shore & Atl.
* £ . Tenn. V a .& G a ..
3n4,284
Elgin Joliet As E ast.
102,»27
Evausv. A Indianap.
31,585
Evausv. Sc T. Haute".
102.334
Flint & Pere M arq. . .
211 .6 3 6
Fort Worth & P,io G ..
44,863
Gadsden & A lt. U n ..
574
Georgia........................
167,995
Ga. South. & Florida.
71,828
Gr.Rapids & Indiana.
185,820
Cin. Rich. & F t. W ..
32,848
Traverse City.........
2,616
Musk. Gr. K. <k Ind
9,542
+Gr. Trunk of Canada 1,908 022
"Chic. & Gr. Trunk.
436,144
72.596
*Det. Gr.Hav.&M il.
G t. N o — S.P. M. A M . 1,683,117
Eastern of M inn..
204,766
Montana Central..
90,039
Houston E A W .le x .
49.100
Humeston & Shen . . .
14,000
Illinois C en tral......... 2 .5 90.224
1892.
$
3,953,908
9 7 5 ,6 0 1
241,512
3,486
173,644
;-,09.3 j2
477,1 6 i
2 ,112.76 b
17,000
902,541
415,234
495.679
3 ,7 17,620
1,915,240
1 8 5 ,1 6 '
7,162
65,7 7 7
2,075
25,575
1,157
92,902
1,351,066
316,410
2,800
19,281
795,500
41,5 4 0
119,280
206,275
389,349
79,277
32,894
78,243
238,427
51,088
. 1.845
160.115
73,058
227,012
43.269
4 ,185
16,686
1,725,878
210,816
77,992
1,727,448
1 6 4 ,5 0 i,
129,845
49,600
14.042
1 .8 78.110
Milena*■
Increase or
Decrease.
$
— 143,829
— 154,345
— 12,661
— 1.202
—24,9 >
— 28.186
+ 4 S .4 2 .
+ 21,237
—2,00
—77,031
+ 67,797
- 4 9 ,8 4
+ 2 0 5 ,0 3 8
+ 2 2 8 ,0 ^4
—3,928
—623
—9,6 8 *
+23
—2,410
—24
— 12,207
—96,914
+ 5 ,67 c
—660
—9,021
—133,000
—3,622
—11,955
- 2 -',0 7 4
- 2 5 ,0 6 5
+ 2 3 ,5 5 0
— 1,309
+ 2 4 ,0 9 1
— 26,791
—6,225
— 1,271
+ 7 ,8 8 0
— 1,230
- 4 1 ,1 9 2
—10,421
— 1,869
—7,144
+ 182,144
+ 2 2 5 ,3 2 8
—5,096
—44 ,3 *1
+ 40,265
— 39,806
—200
— 42
+ 7 0 2 ,1 1 4
1893.
1892.
1893.
Ind. Dec. & Western. 1
Interuat’ l A Gt. N o..
Guteroceanie (M cx.i.
Iowa Central...............
Iron Railway...............
Kanawha & M ic h ___
Kan. C. Clin. A S p r ...
Kan. C. Ft. 8 .A Mem..
Kan. C. Mom. & B ir..
Kan. City Pi its. & Gulf
Kan. <:ity Sub. B e lt..
Kan. C. Wyan. A N.W .
Keokuk & W estern...
Lake Erie All. A S o ...
Lake Erie A Western.
Lehigh A Hud. River.
Louisv. Evans. A St.L
Louisv. A Nashville..
Louisv. N. Alb. A Chic.
Macon A Birming’m.
Manistiaue. ................
*Memp. A Charlest’ n
Mexican Central........
Mexican National----tMexican R ailw a y...
LMiuerai Range.........
Mum. A St. Louis —
Mi nil. S t.P .A S .S teM .
Ido. Kans. A rex.svs.
Mo. Pae. A Iron Mfc-.
Mobile & Ohio.............
N. Orleans A South’ n
N.Y.Ceu. A Hud. Riv.
N. Y . A Northern.......
N .Y .O n t. A W e s t ....
Norfolk A W estern ...
Northern Pacific^ —
Ohio A Mississippi. . .
Ohio River....................
Paduc. Tenn. A A la ..
Tennessee Midland
Peo. DeC. A E v a n s v ..
Pitts. Marion A Chic.
Pittsb. A W estern___
Pittsb. Clev. A Tol.
Pittsb. Pa. A Fair..
Quin. Omaha A K. C ..
Rich. A Danville........
Georgia Pacific___
Rio Grande South’n.
Rio Grande Western
8ag. Tuscola A Huron
San Fran. A No. Pac..
8t. Jos. & Gr. Island..
8t. L. Alt. A T. H ....... .
8t. L. Kennett A S o ..
8t. Paul A Duluth----8t. Louis Southwos’ n .
Sdv. Amer. A M on t..
Silverton.......................
South Bound...............
Soutn Carolina...........
Texas A Pacific..........
Tex. Sab. V. A N. W..
l’ol. A Ohio Central.^
Tol. Peoria A West’ n.
Tol. St. L. A K . City .
Wabash..........................
West. N. Y . A P e n n ..
Wheel. A Lake E rie..
S
3L.811
428.623
114,017
2 0 1 .OS ’
3,915
31.132
26,261
405.188
100,575
24,4 50
18,50(1
33,356
36,643
6 ,994
283,653
59,851
150,633
1,627,235
352,079
6 ,1 1 557
73,737
688.249
349,121
2 01.704
2 * ,5 ls
2 01,930
315.338
1 ,2 88,226
2 ,2 64.572
3 02. 37
11.074
4 ,3 50.295
48.3 9 9
366,935
8 4 3 ,3 8 ,
2,21-MOO
350,143
8 ',4 8 8
18,630
16.85 >
73,603
1.86 0
141,599
82,895
36,904
24,2 3 9
8 9 b ,lo 8
213,705
30,3 4 3
225,700
11.515
81,882
94,830
137,560
3,002
194,241
527,998
44,9 6 5
7,500
21.000
119,755
8 46.343
6,16u
188,606
93,9 9 4
150.434
1 ,402,000
235,100
136,420
1892.
IfUeag-
Increase or
Decrease. ' 1893.
$
41.355
5 1 1 ,9 0 1 1
89,389
1 9 6 ,0 1 3,805
28,381
26,379
446,lf35
102,6^3
9.150
15,645
35.462
39,509
8,827
344,905
50,506
172,524
2 ,0 38,152
2 96,641
7,104
877
80,822
7 43,639
465,124
229,375
25.800
200,345
355 ,3 5 6
1,046,371
2 ,738.327
292.379
12,710
4,2 8 9 ,8 7 8
57,1 5 2
306.460
876,144
2 ,918,285
393.694
91,2 4 1
17,778
20,435
81,162
3,967
124,739
62,770
28,535
25.767
1.0 4 4 .8 4 0
191,050
70,1 2 5
247 ,8 0 0
13.894
93,208
134,935
145,470
3,048
249,499
499,771
5 7 ,13 L
13,253
22,500
136,445
800,522
4,519
177,676
92.569
224 .7 2 0
1,411*780
335, 400
134,003
$
152
—9,5141
- 3 3 ,2 7 +
825
519
+ 2 4 ,6 2 8 !
+ 5 .0 6 i
497
20
+ 110
173
+ 2,7511
163
— 4181
071
—40,'I77
276
—2,028
187
+ 15,300
35
+ ’2,861
235
— 2.106
148
— 2,866
61
— 1,633
725
— 61,252
90
+ 9 ,3 4 5
368
—16,891
—410.917 2,955
537
+ 5 5 ,4 3 3
97
—937
44
—320
330
- 7 ,0 8 5
—60,410 1,847
— 116,000 1.219
321
—7,671
39
+ 2 ,7 1 9
335
+ 1.585
1,175
— 10,018
+ 2 4 1 .8 5 2 1,945
— 473,755 5,372
637
65
— 1.642
+ 6 0 ,4 1 7 2 ,334
61
— 8,153
477
+ 6 0 ,5 2 5
— 27,163 1,556
—730,185 4,623
636
— 43,^51
215
—9,753
118
+ 852
135
—3 ,583
251
—7,559
25
—2,103
214
+ 19,860
+ 2 0 ,1 2 5
77
61
+ 8 .3 1 9
134
—1,528
—148,672 2,598
564
+ 22,655
180
—39,782
514
—22,100
67
- 2 ,3 7 9
165
— 11,326
445
-4 0 ,1 0 5
239
— 7,910
20
-4 3
— 54,258
248
+ 28,227 1,223
300
— 12,166
20
— 5,753
136
— 1.500
— 16,690
270
+ 45,821 1,497
+ 1,641
3S
+ 10,930
316
247
+ 6 ,4 2 5
451
— 74,286
—9.780 1,935
— 50,300
640
+ 2 ,4 1 7
255
1892.
152
825
519
497
20
142
163
671
276
81
35
235
148
61
725
90
368
2 ,9 3 3
537
97
44
330
1,847
1 ,219
321
39
335
902
1 ,6 7 2
5 ,372
637
65
2 ,096
61
477
1,349
4 ,623
636
215
118
135
254
25
214
77
61
134
2 ,598
564
172
514
67
165
445
239
20
248
1 ,223
300
20
136
270
1 ,4 9 7
38
316
247
451
1,880
640
255
Total (121 roads). . 51,163.185 5 2 ,4 09,077 — 1.245,892 96,294 93,8 0 0
« For four weeks ending October 28.
7,481 7,481
*■ For three weeks of October in each year.
1,864 1,861
§ Includes Colorado Midland for both years.
281
281
a
Includes Toledo Columbus A Ciuciuuati in both years.
22
22
1 Includes Hancock & Calumet for both years.
20
17
b
Does
uot include Wisconsin Central in either year.
294
320
1,13* 1,08 0
GROSS EAR N IN G S FROM J A N U A R Y 1 TO OCTOBER 31.
6,015 5,767
139
139
1.269 1,269
Name o f Road.
Increase. Decrease.
480
480
1893.
1892.
922
92-’
S
6.0=6 0.086
$
$
$
Atch. Top. & S. Fe Sys.i. 32 .5 3 7 .6 2 2 32.6S 6.468
3 ,710 3,456
9 8 ,8 4 6
7 ,2 30,742
32 4 ,3 9 9
St. L. A S. Fran. Sys. .
7 .555,141
481
481
42
39,6 0 9
Balt. & Ohio Southwest.
42
2,1 5 8 .8 9 7
2,1 9 8 ,5 0 6
24,721
345
345 Birmingham A Atlantic.
34,189
9,468
1,539,231
21,9 8 6
1,5 6 1 ,2 1 7
8
8 Brooklyn E le v ate d ........
106
2 ,8 56,105
106 Buff. Pwoch. A Pittsburjr.
2.6 6 9 ,7 8 5
186,320
80,7 0 9
19 Burl. Ced. Rap. A N o ...
3 ,4 4 3 ,8 2 0
19
3,5 2 4 ,5 2 9
194
1 77,550
194 Canadian P a c i f i c ................ 17.249,215 17,426,765
124,473
1,850 1,850 Char. Sumter & North’ u
11 *,2 3 7
6,236
8 ,287.752
8 .3 72,446
8 4 .69 1
327
327 Chesapeake A Ohio........
22
355,785
3,7 8 3 ,3 3 2
22 Chic. & East’ll Illinois..
3.4 2 7 ,5 4 7
57 7 .6 5 2
3
,641,779
4,2
1
9
,4
3
1
82
82 Chic. Great Western___
111,215
1,646 1,646 Chic. Milw. & 8t. P au l.. 2 8 ,1 57,771 28 ,2 6 8 ,9 8 6
15
,5
7
8
,8
9
4
1,022,371
16
,6
0
1
,2
6
5
150
150 Chic. Rock I si- A P a c ...
1 ,6 07,002
1,664,613
57,6 1 1
323
323 Chic. & W est Michigan
58,7 5 4
59,304
550
589
589 Ciu. Georg. A Portsm’ th
22,046
5 64,357
587.003
Cin. Jackson A M a c k ...
1,265 1,253
17,200
218
17,418
177
177 Cincinnati Northwost’n.
2 24.412
217,111
7,301
156
156 Cmn. Ports. & Virginia.
12,031
12,575
544
165
Columbus A Maysville
165
820.121
831,769
11,648
630
630 Cleve. Akron A Col........
1
1,577,2
42
7 8 1 ,2 8 4
1 2 ,3 58,526
146
146 Clev. Cin. Chic. & St. L . .
2.8 0 5 ,5 9 6
2 ,778.848
26,746
11 Col. Hock. Val. A Toledo
11
21,312
25,402
4 ,0 * 0
307
307 Colusa & Lake................ .
1 30,474
169,191
3 8 ,7 1 7
285
285 Current River...................
6,5 1 2 ,9 4 2
7,5 4 9 .7 5 2
1,0 3 6 ,8 1 0
432
432
L)env. A Rio Grande. .. .
350,011
6 ,252
343,759
86
86 Des Moines Nor. A West.
1 ,0 10.510
1,032,913
22,403
26
26 Det. Lansing A North’ n.!
1 ,8 28,194
1,912,787
84,5 9 3
37
37 Dul. So. Shore & A t l___
4 ,4 6 1 .8 8 0
4,9 7 3 ,9 7 6
512 ,0 9 6
3,515 3,505 *East Tenn. Va. & Ga ..
7S2.S91
699,553
83,328
335
335 Elgin Joliet & East........
309,174
317,272
189
Evausv. & Indianapolis.
8,093
189
1 .1 88,780
101,912
3,704 3,027
Evausv. & Terre Haute.
1,080,868
2,335,148
2,3 8 1 ,0 2 0
4 5 ,8 7 2
72
72
Fliut A Pere Marquette .............
297,531
394,419
.............
253
6 ,888
253 Ft. Worth A Rio Grande
8.005
4 ,659
12,664
.............
19192 Gadsden A Atalla Un...<
1.122.014
1,207,439
85,4 2 5
95
95 Georgia............. .............
661,351
621.367
39.9 8 4
2,888 2.888 Ga South’ n A Florida..
THE
November tl, 1893.1
N a m e o f R oad.
1S93.
1892.
a sta te m e n t em b r a cin g e le v en o f th e co rp o ra tio n s, a n d
it w ill be seen th erefro m th a t th e n e t ea rn in g s fo r th e
p ast year h av e b een -51,424,349 a g a in st -31,185,167
in 1892; in 1 89 1 n e t ea rn in g s w ere 3 5 6 9 ,0 6 8 a n d in
1890 th ey reach ed 3 9 4 2 ,6 1 1 . I t w ill th u s be se e n
66,024 th a t th e a g g reg a te fin a n cia l re tu r n s in a t le a st th e se
elev en m ills h a v e been m u ch b e tter th a n in a n y o f
53,015
7,715 th e th ree p re ced in g years.
T h e ca p ita liz a tio n o f th e
79.031 co m p a n ies re fe rre d to a b o v e is 3 7 ,9 8 0 ,0 0 0 , an d it is
th erefo re ap p a ren t th a t th e ra tio o f e a rn in g s to c a p ita l
7.697
w as in 189-3 over 1 7 f per c e n t w h ereas in th e p r e v io u s
10,620
year it reach ed b u t 161 p er c e n t, in 1891 it- w a s o n ly
207.325
11,112 8 per c e n t an d in 1890 it wa3 12£ p er c e n t. I t is c o n
seq u en tly p ro b ab le th a t o n th e basis o f th ese figu res a
0.169
th r o u g h o u t th e y ea r o f th e fa v o ra b le
0.771 co n tin u a tio n
2,332 co n d itio n s w h ich p revailed d u r in g th e early p art o f it
w ould have m ad e 1893 ab o u t as sa tisfa c to r y to th e c o tto n
825.623 m a n u fa ctu rers a t F a ll R iv er as a n y y ea r in its h isto ry .
6.121
As it is, th e resu lts are c e r ta in ly m u ch b etter th a n th e
0.114
40.245 co u rse o f affairs la tterly w ould h av e ca u sed a n y o u e to
200.321 ex p ect. T a e ta b le o f ea rn in g s referred to ab o v e is as
8.59*1 fo llo w s :
141.103
-------- X e i E a r n i n g s -------
D e c r e a * '.
I n c n a x t,.
>•
207,?03
49,026
3,554 '
35,270 j
$
2,079,806
1,971.603
Gr. Kaplds * In d ian a..
365,78s
414.911
Cta. R ich .* Ft,W ayne.
43.386
47,440
Tracers,- City...............
157,497
122,227
Xlus. Gr. R. & Ind.......
247.133
Gr. Trunk o f C anada... 16,552,946 16,305,313
499,373;
3,001,913
(Chic. & Gr. Trunk----3,191,136
975.155‘
903,131
ILet. Gr. H. A M ine...
352,938
Great >'or. St. P. M..v M. 11,03s,355 10,685,8 •72,233
995.976
3,06S,129|
Bartern o f Minnesota.
993.219
930.171
Montana C e n tral.......
•!
110,809;
H uoiesion & ShenanXh
18,350.1 ;t 13,797,665 2,552,7X1
Illinois Central..............
311.602,
423.1*13
Indianan. Dee. & W est..
............
344.602,
3.276,185 3,254,334
Int. A Great -NortOern..
21.831:
1,707.602 1.113,610' 223,1)62
•InCerocesnie ( i l e x . ) . .
1.564.26 I 1,571,966
Iow a Central...................
32.8*1
29.788:
3,096
Iron R ailw ay..................
K anaw as & Michigan
298,693
309.283
279,911
265.937:
i 3,1*4 j
K3D. City Clin. Jfc S o r ...
3.872.01'. 4,079.9,1
Kansas C. i't. B .& Mem..
893.565
894.697
Kan. City Mem. & Bir
149.873
98,350
51.323
Kan. City Pitts. * Gnlf.
101.732:
Kansas Cite Sab. Beit .
100,351,
202,113
282.3.11;
Kan. City Wy. & V. W. .
273.132'
333.8
Keokuk & Western
321.060
6$.2-> .
L. Erie A lliance A So.
6.5.*73
2,97 8.9-2-;
2,918.-83
30.1 to
t a k e E r ie * W estern...
388.171
108.379
-Lehigh & Hudson R iver
491.353.
Louise, Etatu-v. & S t. L.
2 ; ..;.<7
1.191,179: 1,211,7 81!
Louisville * Xaskrlli17.013,31.9' 17.871.971
2.992,689
2,749,771
212.015
LOUiav. 5 . Alb. & CUie..
Muentt * Birmlnithaiu
*5.411
61,565
M auU tiqne..................
71.293
* .,707
1,121.0 .
* Memphis * Charleston
1.080.812'
Mertuan C ontral...
6.530,811
6,169,987
60,554
3,5 75.11M exlraa N ational..
3,730.23 •
2.539.4,".2.4*0,880
tSlM teaa Railway
42,549
Mineral Kaittre.*,..
12 1,6 8 1
1 16,0601
M i n o r a p o l i s A St. Lout*
1.4:15,152
1,634,617
2.7 77,727
M lno. St. P. A S . 6te. M.
2,003.333:
174.3 -4
Missouri K. * T ex. svs.
8.313.5191 7.917,533
..............2.0W .620
31... Bay if, ■,t iron M t.. 20,627, l-l'J
M nW ie& O hio.................
............
51.316
2,637.01"
2,709.326
. . . . . ..
14.117
H . Orleans Jc -"withcre
111,411
97.327;
N . Y . C e n t. & H u d . B iv .
39,232,156 37,691.19! 1,551,175
177.. 8 l
S ew York A Northern ,
199,905
K . Y . O n t a r i o At W - s C n .
2,913, i if.
391,64"
3.303.09.)
8,323,082
8.112.1)1
N orfolk * W estern.......
2! >.131
northern Piutita . ....... 20,3.89.811 2 '. I -.82"
3,458,218; 3.486. "0 6 1
.......
Ohio 4- M.»0 15,006'
Ohio R iver -...................
663.860
m s$i
7th*-2"
Paducah lean. 4 A n .
213,511;
160.90 *
175.7181
155.076
T miwws ** M tdlaad..
23.070]
Peoria Dee & E vansv.
72.i, era
7 i 7.742;
P m -'*. Marine A O il32.*623.289
o
BRUWKR & W estern...
I,
163. Pittsh.
153.930;
S34.74H
313.1 *1
10.601
Pitta'. Paiuex. * E'l>t2 06,.5*7
Quiner Omaha & K. C
222.492
•2; 1,393
B io (.raKcfe Southern
141,573
552,339;
407,791
R io Grande Western.
2,205.339
806,346
t.8.-*6,993
Bag. Tns o t a * Hiiruii.
4,388
108 l .1
103.574
st. Jo*. * O m d isiaad
1,029.14*.'
7 1,5w:
937.555
1,3062191
1,232.1 12
8t L. Ait.de T.H.BPc<,«
74, i t s !
St, L. Bennett * south..
22, »3"
34.753
Bt. Louis Sonthw. stero
3,9.16,016
324.661'
3.1531,315
8L Paul A Dttiuth..........
1,469.605
1,7-26,760
259,15
Baa P e n n . 4c. S o , Pneifle
39,863
702.2 16
74-2,079
8 a van. Amt*r. & Mont.
112.639
17.8U
430,-180
79.090
B U r r r t o f i ----------- -------->3.162
25,01
South Bonn 1..................
189.130
157.120
31,710
South Carolina...............
1,066,656! 1.082.6271
Texas A Pacino.......—
5.632,4 ISl 5.376,070
256.336
T ex. Sahiuc Vnl. A N.W.
40,173
4.5.82!
44,755
Toledo & Ohio Central a
1.033,659: 1,617,12-1
42.230;
Toledo Peoria A W. st'n
022.579
818.070:
T o t 9‘ . L, * Kan, City
1,431,640
1.85-.1 )•;-<
II,
830.30.5
Weet N, V. A P » ........
2.9! 0,367
68,603!
84,860:
WheeUns & Lake E rin..
1,293,041.; 1,203,n o :
119,521
2 ',716.1! 2
xt .u-<:
22,*21
............il.33B .ua
I
UeVf. 4 i • .
j
17-*,74 ;
29,374;
U iC iV *
088,697
12,111
*•£323
15,071
4,809
376,569
223,700
Wai>Mb.............................. n.606.60;.
793
C H R O N IC L E .
Total ill® road*)___ 127,037,067.130,337.401 10,98 >,370 11220710
................. ' ................................. ...........
- -8.210.340
f) lai-j.idtM Wi.*,amain Central up to anti iariadlat- .-eiuember 2(1 for
kOSli year*
’ Only tim v week* ot October In e m h year,
a M a l a Toledo Goinuir.ua a- iS i w t t M t f n Botli y ear*.
; 1ncluite* Colorado Midland lor tw it year*.
' To October 2.9.
b f nebulas ii m eock & Calumet for October.
Net decrea*-"
1»93.
N am e .
Bonier a t y M r«. C o .. .$300,359
.
101,773
I-Uui Mill* ................
G rocite Mill* ............ . 123,000
II < r g r t r e « M ill*.......... . 134,251
Knot PlUilv Mill* ....... . 171.983
Uittro!
.t lli.,....... . 33,000
'tercUwBt*' Mfg, Co, . . 77,037
Saeotuotv Mfw. Co ....... . 171.397
Si-ai-oonet M ill*.......... . 65,311
Stafford Mill- ............
Tocum irh Mill*............ .. 116,276
1892.
$150,862
75,941
88,093
110,009
103,600
35,77-1
129,000
147,120
61,39-8
142,032
80,0*1
1891,
$80,900
37,933
42,154
45,432
161,889
15,311
36. >32
73,000
4,500
43.143
28,042
T o t a l...................... $1,424,349
$1,185,107
$569,06$
R IV E R
I N
18 m .
A T
F A L L
67,779
1 0 0 ,0 4 2
63,388
1 6 1 ,3 6 3
5 5 .4 1 2
6 9 ,2 1 2
8 6 .5 5 9
3 6 .0 0 0
1 2 2 .0 0 0
.-.0,000
$ 0 4 2 ,6 1 1
T h e fo r e g o in g w ould seem to in d ic a te cle a rly th a t
a fter th e p a y m en t o f d iv id e n d s a co n sid era b le a m o u n t
has rem ain ed iu m a n y in sta n c e s to be a p p lied to th e
e x tin g u ish m e n t o f flo a tin g in d e b te d n ess or im p r o v e
m en ts or to be ca rried to su rp lu s a c co u n t.
C o n sid e rin g now th e m a tter o f d iv id e n d s, w e find
th a t th ir ty -six co rp o r a tio n s, rep resen tin g a ca p ita l o f
1 2 1 ,4 5 8 ,0 0 0 , h ave d istrib u ted a to ta l o f 5 4 0 9 ,4 2 0 d u r in g
th e la=t q u a rter o f th e year, or an averag e retu rn to th e
sh areh old ers o f 1*91 per c e n t ; b u t it is e v id e n t, fro m
th e k n ow n c o n d itio n s o f b u sin ess in re cen t m o n th s,,
th a t th is d istr ib u tio n has b een m ade to som e e x te n t
from p rev io u s su rp lu s ra th er th a n fro m e a rn in g s in
th e p eriod co v ered . In th e co rresp o n d in g q u a rter o f
189.2 th e a m o u n t p a id o u t av era g ed 2 '4 8 per c e n t. T h ed eta ils for th e fo u r th q u arter are as fo llo w s.
Fo u r t h
quahthr
ism ‘Andimm.
American L m m Co« - *.
Burnaby SbuMt*si Co..,.*.?
tHvMend* mm. Dlridmds i i S . Increase
Capital.
*400000
B a rn a rd M a n u f t c *?©.
CO T T O N - M A N V F A O T U R IN O
1890.
$ 1 2 1 ,4 5 1
Bowler Citf Manufg Co.. |
B w nw Mills ...... ...... J
C3UMMI M ill* . . .
C «m u i«c> n M ilts.
C o r n e ll M ill* ..........................
D-vr^i Mills. . . ... ........ ..
P. C.lAmmmt* P . C.
D m rtm e
2^
2
u
d2
— 12.000
• turn
m
400,OW
80.0 0
10.000
7, too
40H.1I* (.
€W,00«
IhO.OO
*
mop*
'£,W
9,00
2
—1,000
24,000
—12,000
10,00*3
—2,500
2,t«K> ....
...
-f 0,000
wm>
zjm
M a m if a e V C o ..
' i s llilOO! -—
N o tw ith sta n d in g th e u n fa v o ra b le b u sin ess co n d itio n s FFalinll tUXrm
5 ,8 0 0
>1 Ilia..............
.......
Vi.wdo
541,00’ +53a
21.0
JO
OiO&e Vmi Mills.... .......
H12.000
*1,000 n%
.... .........
w h ic h b a r e p rev a iled d a r in g th e p a st six or seven GItar ar irn itr aevMe s il lMs ,i........
■40,000
+■ 6,000
l l s .. .
w
40.000 —
err T h rea d C o «
........ .
1,000.04-t
m o n th s, th e r e su lts o f th e o p era tio n s o f th e co tto n KK lm
—10,000
15.000
r P h il ip M il l s ..................
1.000,000
-2,000
0,000 b2
m a n u fa c tu r in g esta b lish m e n ts a t F a ll R iv er fo r 1893 LMaeucrheal nbicask’ eMMiilail l...s ... ........ iOo.OW
—3,750
11.250
116,000
.
2
—4 ,0 0 0
M erch a n 1
12.0
0
are q u ite sa tisfa c to r y . I n onr a n n u a l C o tto n Crop Metaco met Manu .
4,S2 '
12
0,0 0
Narragansett Mills
1SS
24.000
H
24.000
fbu rtt M i l l s . ,
R e p o r t p u b lish ed S ep te m b er 9 th w e g a v e a co m p ila tio n UPociaset
12.000
10.000
Man
„ C
Manure
.........
m.. .
12,000
R ic h a r d BBo*rd«n
r d e nM
;" fg . 1C o ..
5“
S
s h o w in g th e a m o u n t d istr ib u te d to sh a reh o ld ers dur _______
Mwa
R o b e s o n M iila ...
e M a n u f ’/r C o . . .
tKW.O tO
1“ 27.000 *+9,000
in g th e tw e lv e m o n th s en d ed J u ly 3 1 , 1 8 9 3 , b u t now we S8 aa n« afomr do fSpinning:
C o ..........
dhO.Oi*1
' i11.000
2,0«io —9,000
0.0
0
Seaconnct. Mil la . . . . . . . . . . .
400.fXN)
are ab le to p rep are ou r u su a l sta te m e n ts co v e r in g the Skate M ills...
11,000
550.000
5,500
550.000
8,250
- 3 . 7 5 6S ia d o M ilR ...
24.0(H)
800.000
rd M ills .
20,000
fo u rth q u arter, in c lu d in g th erefo re a ll th e d iv id en d s ST tae cffo
500.000
10,000
um
M ills
¥
y>
io.ooo
15.000
5
15*'
M
O
T
Troy
royc
0
d4
*
—
W
MfK.
Co...
th a t fa ll w ith in th e y ea r e n d in g w ith D ecem b er.
22.500
22.500
750.000
3
Union Cotton MjuCXV Co.
Mill#,........
11,21*0
750.000
11.260
T h e r e is a m a n ifest d is in c lin a tio n o n th e p ir t o f th e Wampanoaif
11.000 —it,ooo
Wectatnoo Mills
6 50.000
m a n a g em en t o f m a n y o f th e m ills to m a k e p u b lic th e
Totals
SSI.469 000 l » l *1»U.-I>» 3 4H 8533,73)); -133.890
d e ta ils o f th eir o p e ra tio n s, a n d in co n se q u en c e it is * S e m l-A n x m a l t O n c a p it a l o f 1400,000. H p . c . o n s a le s o f r e a l © sta te.
im p o ssib le for tt* to g iv e a n y e x te n d e d tab le sh o w in g
C o m b in in g th e ab o ve r e su lts w ith th oso fo r th e n in e
o truing*- W e h a v e, n ev erth ele ss, b een ab le to co m p ile m o n th s (p u b lish ed in th e C h e o n i c l b o f A u g u st 12,
794
THE
-
--
C H R O N IC L E .
page 243,) we have the following exhibit for the full
year. It will be seen that thirty-six establishments,
■ with an aggregate capital of 821,458,000, have returned
to shareholders $1,706,310 in 1893, or an average of
795 per cent, against $1,492,260, or 7-52 per cent in
1892. The exhibit in detail for 1893, compared with
1891, is as follows.
Y ears
1892 and 1893.
'Globe Yarn Mills................
Granite M ills....................
Hargraves Mills..............
Kerr Thread Co.................
King Philip Mills..............
Laurel Lake Mills..............
Mechanics’ Mills................
Merchants’ Manufac’g Co.
Meta comet Man’f ’g Co__
-Narragansett Mills.............
Osborn Mills.......................
Pocasset. Manufact’g Co..
Richard Borden M’Pg Co.
Robeson Mills....................
Sagamore Mfg. Co............
•Seaconnet Mills.................
^h<>ve Mills ....................
Slade Mills.........................
Stafford Mills......................
Tecumseh Mills ................
Troy Cot. & \V. Mfg. Co....
Union Cotton M’t’g Co__
Wampanoag Mills............
Weetamoe Mills................
Diindends 1893. Dividends 1892. Increase
or
P. C. Amount. P. C. Amount. Decrease
$809,000
$60,000 7X6] $60,000
Capital.
Barnaby Manutac’g Co....
-Barnard Manufiic’g C o....
Border City Man’f ’g Co...
Bourne Mi.Is......................
Chaee Mills.........................
400,000
330,000
1.000,000
400.000
50i',000
120,000
160,000
580,000
800,000
800,000
1,000,000
1,000,000
400,000
750,000
800,000
288,000
400.000
600,000
80O.000
800,000
260,000
900,000
400,000
4oo;ooo
550,000
550,000
800,000
500,000
300,000
750,000
750,000
550,000
Totals............................ $21,458,000
8
8
14
12
9
8
8
8
10
6
3
6
7^
1X6
9
4^>
7X
8
7
7
4M
10
3X
io x
9
5
12
7X6
20
12
7
2
'82,000
26.400
140,000
48,000
45,000
18,000
24,000
80,000
48.000
30,000
60,000
30,000
56,250
72,000
12,960
30,000
4*,000
56,000
56,000
11,700
90,000
42,000
49,500
27,500
96,000
37,500
60,000
90,000
52,500
11,000
9&
7
12
16
7X
6
6
8
8
*16
"6
8
7
ex
«
7
2
5
7
6
H
3
7
8
7^
iX6
IX
7
13
12
5
2
'3s;ooo -6,000
23,100 4-3,300
120,000 +20,900
64,000 -16.000
37,500 +7,500
9,600
+18,000
3,600
4MOO
-3,600
64M00
24,000
80.000
70,000
20,000
45.000
56.000
5,760
20.000
42,00"
48,000
48,n00
7,800
63.000
4-16,000
+24.000
-50.000
—10,000
+4,000
4-11,250
+16.000
+7.200
+ 10.000
+6,000
4-8.000
+8.000
+3,900
+27,000
32,000
41.250
24,750
H0.U00
35,000
39,000
90.000
37,500
11,000
+ 10,000
+8.250
+2,750
+36,000
+2,500
+21,000
+15,000
7-95 $1,708,310 +7-52 $1,492,260 +214,050
» On capital of *100,000. + On capital of *19,658,000.
Seven of the above-mentioned mills—the American
Linen, Conanicut, Davol, Flint, Globe Yarn, Union
nnd Weetamoe—have merely maintained the previous
year’s ratio of distribution, and five—the Barnaby,
Bourne, Fall River, Kerr Thread and King Philip—
Rave reduced dividends. In all other cases, however,
greater amounts have been paid out. The Cornell
JMills and Sanford Spinning Co. began payment of divi
dends the current year. To furnish a more compreRensive comparison we have prepared the following,
•covering the years back to 1886 :
Tears.
1 8 9 3 ................... ...........
1 8 9 2 ................... ............
1 8 9 1 ................... ............
1 8 9 0 ................... ...........
1 8 8 9 ................... ...........
T 8 8 8 ................... ............
1 8 8 7 ................... ...........
Z 8 8 6 ................... ...........
|Vol. LVI1,
----------
/-------- Companies.---------v
Number.
Capital.
36
$ 2 1 ,4 5 8 ,0 0 0
34
19,85 8 ,0 0 0
33
18,55 8 ,0 0 0
33
1 8 ,6 5 8 ,0 0 0
33
1 8 ,5 5 8 ,0 0 0
33
17 ,6 0 8 ,0 0 0
33
1 7 ,2 04,700
33
1 6 ,1 16,200
/----- JHvidends. — .
Amount.
P. C.
$ 1 ,7 0 6 ,3 1 0
7-95
1,492,260
7-52
914,850
4-93
1 ,420,870
762
1 ,850,700
9*97
1,6 9 6 ,0 1 0
963
1,4 2 7 ,9 9 0
8-30
1,0 4 7 ,5 5 0
6*50
As showing the relation this year’s dividends bear
to those for a series of years, we have prepared the fol
lowing, which embraces twenty of the corporations.
The purpose is to compare this j ear’s ratio with the
•average rate per cent for the preceding seven years:
Average
1
8
8 8
8 8
8 8
8 8 8
1893. 1898. 1891.
.American Linen Co................. .• 7X6
7X 7X6
rx 1
Barnaby Manufacturing Co.. . 8
ex 5
Border City Manufuctur’gCo.14
12
-Chaee Mills ............................ . 9
m
'Globe Yarn Mills.................... . 8
Granite Mills.......................... .10
16
13
King Philip Mills....................
7
7
Laurel Lake Mills................... . r x
e>6 6
.Mechanics’ Mills.................... • 7a 6
—
.Merchants’ Manufactur’g Co . 9
7
6
INarragansett Mills................. ■ 7X 5
5
Osborn Mills............................
7
6
Richard Borden Manuf’g Co. . 7
6
m
Sagamore Manufacturing Co.10
7
iX
Stafford Mills............................ 12
7H- 5
.Tecumseh Mills .................... . v x 7
5
Troy Cotton & W. Mfg. Co... .20
13
Union Cotton Manuf’g Co___ .12
12
12
Wampanoag Mills ................. . 7
5
1
8
1887. 1886. Ymrs.
1
w
-.i11
13k lo12X
X 6
7
12
10
8X
6
6
ex
6
17
12
16
0
6
CM
6
iX
7-M
5X 7X e x 0
m
6X
s
10
7X 7
7%
6
8
6
6
6M
5
6
6
6H
6
3
b$£
ex 0
11
7X i o x 13
H
8
6
9
12
7•
7-M
7
e x 10
7X
u
24
20
17
9
15
16
20
30
21
30
20
9X 17
n x 13
ox
OX
1890. 1889. 1888.
7
10!
7
12 OOUL
22X
6
OX 6
9
11
6
•8
21
24
22
6
6
6
i o x 12
8
8
8
6 8
8
8 8
8
C o n d i t io n
of
N a t io n a l
B anks
in
Cin c in n a t i, K
C i t y , C l e v e l a n d , C h ic a g o , M in n e a p o l is , St .
ansas
L o o is , N e w
a n d S a n F r a n c i s c o . — M r.
J . H . Eckels, C o m p trollerof the Currency, has furnished us abstracts of the con
dition of the national banks in the above-named cities at the
close of business on Tuesday, Oct. 3. From them and from
previous reports we have prepared the following, which covers
the results for October 3 and July 12, 1893, and for purposes
of comparison the figures for last year (September 30) are
O rleans
given :
Oct. 3,
July 12,
C IN C IN N A T I.
,1893.
1893.
Number.......................................... , .................
13
33
Resources—
Loans and discounts, includ’g overdrafts.. $22,085,400 123,599,985
Stocks, bonds. &C............................................
7,937,467
0,874,527
Due from reserve agents..............................
2,294,688
2,718.547
Due from banks and bankers........................
2,200,486
2, 19,139
Banking bouse, furniture and fixtures......
3/8,' 51
373,745
Other real estate and mortgages owned...
53,418
58,724
Gold coin and certificates..............................
1,066,540
1,013,031
Silver coin and certificates...........................
573,867
364,794
Legal tender notes and certif’sof deposit..
3,683.228
2,773.912
Bills of other banks.......................................
412.571
405.310
Exchanges for Clearing House....................
256,126
237,800
Current expenses and taxes paid................
2->l,i38
141,752
502.733
396,699
Premiums on U. S. bonds..............................
Other resources...............................................
311,641
190,527
Sept. 30,
1S92.
13
$30,498,739
7.129.591
4,208,142
3,541,978
417,023
30,967
1,354,985
673,319
3,336,003
469.217
227,702
225,437
468,935
243,116
Total ....................................
$41,957,354
$41,133,493
$52,825,154
Capital stock paid in.................
Surplus and undivided profits,
Circulation outstanding.........
Dividends unpaid....................
Individual deposits...................
Other deposits..........................
Due to banks and bankers----Other liabilities .......................
$9,100,000
4,125,197
3,654,910
9,364
16,889,947
794.280
6,741,136
642,520
$9,100,000
3,818,938
2,782.800
8.402
18,393,221
714.008
5,911,724
739,400
$9,100,000
3,940,596
2,379,850
18,479
22,605.569
717,523
13,721,837
341,300
$41,957,354
$41,468,493
$52,825,154
Oct. 3,
July 12,
Sept. 30.
Liabilities—
Total,
K A N SA S C IT Y .
Number............................................................
Resources—
Loans and discounts, including overdrafts
Stocks, bonds, &c...........................................
Due from reserve agents.......................
Due from banks and bankers.................... .
Banking house, furniture and fixtures---Other real estate and mortgages owned..
Gold coin and certificates.............................
silver coin and certificates.........................
Legal tender notes and certifl. of deposit..
Bills of other banks......................................
Exchanges for Clearing-House...................
Current expenses and taxes paid...............
Premiums on United States bonds...........
Other resources..............................................
1893.
8
1893.
9
1892.
9
$11,425,110 $15,987,380 $18,318,087
1,972.987
1,944,837
1,409,142
1,492,312
1,152,-47
4,569,716
1,44 2,652
1,658,680
1,291,244
39.,903
392,379
219,li8
349,938
316,558
201,943
578,095
1,094,187
1,018,925
167,974
427,887
235,883
795,037
1,145,900
1,003.719
232,292
371,258
290,433
249,774
503,994
535,483
39,735
25,248
63,079
53,500
82,000
47,000
125,998
86,073
112,278
Total......................................
$19,336,048
$23,491,400
$31,030,839
Capital stock paid in...............
Surplus and undivided profits.
Circulation outstanding.........
Dividends unpaid...................
Individual deposits...................
Other deposits.........................
Due to banks and bankers......
Other liabilities........................
$5,550,000
714,090
360,000
258
6,359,635
80,b93
5,562,385
708,787
$6,550,000
914,289
405,000
28,080
8,312,352
98,593
5,226,764
1,956,322
$6,900,000
1,118,364
495,000
21,500
10,937,157
90,940
11,467,678
$19,336,048
$23,491,400
$31,030,889
October 3.
1893.
11
July 12.
1893.
11
Liabilities—
.
CLEVELAND.
Number....................
Resources—
Sept. 30,
1892.
10
. $24,242,861 $26,419,893 $23,715,556
1,270,839
..
1,890.088
884,290
2,283,527
3,868.154
Due from reserve agents........................
1,704,391
1,966,362
2,439,278
Due from banks and bankers ..............
511.544
512,045
Banking house, furniture and fixtures..
480,858
60,818
60,818
Other real estate and mortgages owned
144,485
1,396,943
1,505,003
1,337,070
Gold coin and certificates........................ ..
192.549
Silver coin and certificates....................
96,141
843,212
1,239,000
1,315,000
Legal tender notes and cert’fs of deposi ..
138,816
160,941
143,338
Bills of other banks..................................
25-L76S
245,329
308.825
Exchanges for Clearing-House..............
217,247
64.863
191,314
Current expenses and taxes paid...........
11,152
ll.uOO
Premiums on U. S. bonds.......................
153,116
108,556
Other resources.........................................
Liabilities—
Circulation outstanding—
Dividends unpaid................
Individual deposits.............
Other deposits......................
Due to banks and bankers..
Other liabilities...................
C H IC A G O .
Number..........................................................
Resources—
2,784,447
...
15,756,601
58,380
Oct. 3,
1893.
21
$35,631,829
$34,998,124
$9,050,000
2,564,695
817,550
2,748
16,440,965
62,622
2.579,474
4,113,775
$8,050,000
2,615,170
006,350
321
18,122,227
63,410
4,820,237
711,409
$35,631,829
$34,998,124
July 12.
1893.
21
Sept. 30,
1892.
23
Loans and discounts, includ’g overdrafts.. $73,516,242 $82,420,381 $103,999,437
7,944,021
7,472,993
Stocks, bonds, &c......................................... . 7,206,424
16,328,570
Due from banks and bankers........... ...... . 16.283,794
20,139,238
877,154
877.850
Banking house, furniture and fixtures....
870,440
500,496
5U8.952
Other real estate and mortgages owned..
473,274
12,660,970
20,613,910
Gold coin and certificates............................. 16,001,250
2,752,000
1,701,944
6,770,673
Silver coin and certificates.........................
9,449,412
8,136,207
Legal tender notes and cert’fs of deposit.. 16,161,892
1,040,553
1,265,696
.
3,114,040
Bills of other banks..........................
4,710,709
Exchanges for Clearing-House......
7,623,845
.
5,898,998
31,037
Current expenses and taxes paid...
165,822
168,375 ■
152,509
27,470
83,280
Premiums on U. S. bonds.................
232,047
318,860
332,144
Other resources..................................
$146,873,914 $139,286,776 $172,612,219
. $20,900,000 $20,900,000 $22,900,000
Here we see clearly that so far as these twenty cor. 14,064,290
13,795.928
13,501,792
856,010
796,055
outstanding.
912,090
p orations are concerned that in only six instances has Circulation
61.189
222,492
Dividends unpaid............
23,326
. 67,681,245
77,602,282
66,433,367
the ratio of distribution for the year been less than the ( Other
269,2ft9
280,984
290,891
deposits .
. 43,051,891
57,219,873
Due to banks and
86,931,031
72.884
average rate for the previous seven years and that in j Other
liabilities.,
50
only three cases has the difference been at all material. 1 Total......................................................... I116.87S.9U *139,586,776 *172,612,219
N ovkmbek 11.1883. ]
IH E
CHRONICLE.
7
7
October S.
M IN N E A P O L IS .
Nuoatoer ,
m
7
........ .
XjMm and dijeoants, iccladlniz overdrafts. $12,326,5-18
Stocks. bonds, A c ..... . . . . . . . -------. . . . . . . . . .
Hue from reiserre areata.............. ............
w1
Due from aatou* and baa Sere.......... . . . . . . .
Banking boose, furniture and fixtures......
Other real estate and mortgage# owned....
897*000
Gold ©om and certUieatos....................
78.528
Silver coin and certificates ......................
435,000
Legal tender aot«s and certtfl’s of deposit..
m U of other saaks ................ .
Kbcehaagea for Cfe*rfcttjMEIr»aae...... .............
52,090
C u r r e n t e x p e a s e s a n d t a x e s p a id ............ .
26,123
Premium# on lf»3» bonds...... .— .. ..
41,500
Other resources... ... ................................. -
«
T o ta l........................
.— Shares, both sides .— .
850,021
729,SdO
«aod»s
18-.240
278.620
7«3,fi30
94,728
592.770
72,866
411.913
8,055
20.1*25
48.101
$12,920,689
710.8)5
1,659,954
1.087.125
2*45,48t
128.717
670.912
170.492
506.895
122.863
833,920
4 .381
43.375
39.805
tl7.iS3.345
|17,903,400 118,070,140
Capital stock paid tn..
........ *. 15.450,900
Surplus and undivided profit*...............
1,157,613
Cirealation ootstanaing.. . . . . . . . . . . . . . . . . . . . .
314,497
Dividend* unpaid . . . . . . . . . . . fiols
Individual deposits . . . . . . .........
7,403,884
Other deposit* ....
....................
49.352
Dae to banks and hankers.......... ...........
1,033,04*2
f5.l30.000
$4,831,000
1,379.843
1,413.523
318.898
29l,68<>
$7,343
1,152
7,859.188
8,819.458
10,884
W,K«l
1,338,810
W 0 .1 35
lAabttltit*—
O ther fta bllitics............................................
1,176.408
1,423.423
5e0.4Sl
117.993,490
July 12,
1893.
9
$19,076,140
(SrOf. 80
MBS.
Loan* A discount*, inciudtng overdrafts.. $22,996,175
Stock*, hoods. Ac . - - . . . . . . . . . . . . . . . . . . .
$$3§.|i8
Du#from bank* and b a n k e r s . . . . . ..
Banicing
tumiium and fixture*,,..
Other real «auc« and *towl*psg«« owned..
I7?»$£0
Gold coin and eerllltCftU)*...... .
2.529,951
Stiver coin and certificate# .................
M
4
Leuto tender uotai and cwfttf » t»f dep«*U. 2 .‘ *11,573
'Bll» of ot her m
n
&
M
«M3
Exelwnge* for ♦irarl:tig-IJ;d*i*P----- --- «.
8B7»fi0fi
Current oxuatueo and uukm paid.
83.731
Premium* tout Cmitost state# toca*»l*«. .. . . .
Other
140,061
$Sfi,501»162
2,291.437
132,331?S10
|y§0fjQ!l$8
4,184,81 i
8* 't.'MM
106,018
3,401,678
1,180.852
1.545J8J4
1IS,478
1*840,466
111,203
$36,219.2*8
$38,730,80!
$40,123.13
$10,760,690
M
paid
3,‘0*1.283
and madiftdwi wroftta
Bj&gMfi
■
‘lam
.......
Iffd
Wvldexpfe unpaid . . , . . . . . . . .
Individual <topc**lt*.........................
13,616.07*
Other mmw%U . . . . . . . . . .......... ...
......
sso.o W
Due to bank* and Uaokem . . . . . . . . . . . . . . . . .
7,990,611
2fdt#a and bills
116,700,000
$147m jm
2,760, LM
405,600
66,413
fiOLOu*
246.60*)
1#,7W§,132
T o ta l,...,..,............. ................ .
S T . L O U IS ,
Number
$17.t85J45
October 3,
1803.
9
.............
Tecat
-.
S
S S S i r .;
T o t a l....... .. . ....................................
114«&Jj*8
1,212.13d
' 47,446
68>i«>
imEm
1,910
I&fi0M78
8*0,000
^ P i.740
Loan* and discount*, including overdrafts.
Due-from to*erveagents. .......................... .
Dn« frmn banks and banker*.. . . .
......
Banking house, furniture and fixture*........
Other real estate and mortgages owned----Gold com andcertificate*...... .....................
Hiiver coin and certhicates ......................
Legal tender notes and cert’cates of deposit.
........ ...................... .
Exchange# for Clearing House
Current m p m w and Im m paid .............
Premiums on Cailed State* bonds.. . . . . . . .
Other resource*........ ......... ......................... .
UabilUiaSurptu# mmS undivided print*...........
Circulation out* LandIn*.....................
........
Into vidua! d«pc«H*..
Other depoaiM...................................
DMMhankr and hankers.............. . ........
Other UatallUm....................................
i t m V)
Cleared.
Total Value.
,-------- JBaifmres, one side______ i Sheets
Shares. Value Shares. Cash.Cleur’ d,
Oct. 3 0 ..1 ,6 6 0 ,3 0 0 101,400,000
••31 ..1,347,000
85,600,000
S ov, 1. .1,663,400 133,475,800
•
2..1.002,800 68.091,000
*•
3 1,011,100 68,800,000
153.800 8,800,000
123,500 7,400,000
123,200 8,100.000
91,900 5,800,000
85,900 5,300,000
fA t-w k ,.6,7 1 1,700 457,366,600
WklR5tyr3,709,200 219,000,000
578,300 35,400,000 811,700 1,671
422,100 29,300,000 312,100 1,393
S ov.
«
«
«
225^90
140,400
181,000
137,000
127,600
350
332
344
323
322
6.-1,435,000 96,600,000 108,200 6,400,000 128,600
336
7 ..........................................H O L ID A Y ......................................................
S-. 959,000 58,200,000
90,200 4,400,000 86,600
311
9 -1 ,0 6 7 ,1 0 0 79,100,000
85,800 5,900,000 109,900
306
10 .. 894.600 57.900,000
72,300 4,300,000 114,400
317
Tot,w k..4.355,700 291,800,000
WktostJT2.934,000 221.100,000
356,500 21,000,000 439,500 1,270
357.600 27,100,000 282,000 1,111
The stocks cleared now are American Cotton Oil common,
American Sugar common, Atchison, Chicago Burlington &
Quincy, Chicago tias, Chicago Milwaukee & St. Paul com
mon, Chicago & Northwestern, Chicago Bock Island & Pacific,
Delaware Lackawanna <fe Western, Distilling & Cattle Feed
ing, General Electric, Louisville & Nashville, Manhattan,
Missouri Pacific, National Cordage common, New York &
New England, New York Lake Erie & Western, Northern
Pacific preferred. National Lead common, PhiiadelDhia &
Heading. Union Pacific and Western Union,
iM a n c ta r tj= £ 0 m m c r c ia l£ u 0 lis k 2 | e iu s
IF toib o o r ow n oorre#pona8nt.J
London, Saturday, October 3 8 ,189:i.
The rate of discount in the open market has risen this week
to 2 4 p<-r cent. There is a Htrong demand for gold in the
open market for the Continent, but the chief reason of the
rise is the fear of large withdrawal* for New York. On
Thursday LI02,000 was withdrawn from the Bank of Eng
land for that city, and as soon as the Sherman Act is repealed
it is believed here that the withdrawals will become very
large. If they do, it is not probable that much gold
9%
•W
can be obtained from the Continent. The Bank of
with any, neither is
$14,611*290 France is not disposed to part
5.252.4*0 the
Imperial
Bank
of
Russia;
and
it is apprehended
I.620J287
8 483.276
3®
565..1P6
that if much were taken either from Vienna or from
&«o,;s
634.258
MfcWl
50.013
‘ TAW Berlin, it would cause serious troubles. Ever since the prep
449,158
1.651
874,7*44
1.282,392
i .m if
arations began for the resumption of specie payments in
816.554
ijm jm
7*4.087
71,017
m m
S3.716
Austria-Hungary there has been a rather wild speculation in
1.087,010
709JW0
M9A36
H.*: 0 - Vienna. It is feared now that the speculators are in difficul
141.111
16,0CO
75,083
02.5*70
HO • )
63.M0 ties, and the withdrawal of much gold would probably, there
66^866
86.M9
m ,m M 7 I3t.i0ti.707 fore, cause troubles. In Berlin, likewise, there is apprehen
$3,12M<M> pysmjooo sion, owing to the heavy losses that have been suffered
m M jt m
2j m j m
SLMvS through the fall in silver in American railroad securities and
10,330
iagttKMXW the fall that is now going on in Italian securities.
LMttGW
On Wednesday the India Council again offered for tender 40
iM K im
I,imS87 lakhs of rupees in bills and telegraphic transfers, but there
U 1M S7
T otal................................. ........ .
$$flU4M9
Srnt,m,
October 3,
1808.
S t o c k s , b o n d s . $ t c .. . ..........
B ill* O f O th er b a n k s . . . ,
WRlM*
ifUttfe
1.7P‘.,3“7
868*7$$
fMtffMO*
N EW ORLEANS*
Norn ber..
7& 5
lM.IJ-.-IT
OetAbtr »,
mm.
ikpt. 30,
am .
was not a single application. For just four months the Council
has been unable to sell, and therefore it has decided upon
f
borrowing two millions sterling by the issue of bills running
$6^10,315
«*>**.;** for six month.-. Tenders for the bills are to be sent in to the
tm jm
* 4 s
1«/a04
f i c u s Bank of England on Friday next. Unfortunately the Council
D m tmm mnlmmti Dankere...............
U4,itiZ
809.562
Bank** toonm, furniture »«d fixture*, . . . . . .
346.401
has delayed too long in making up its mind. The rise in
Gthor rmi mOm and mort*a*e* owned ..,
Goto coin and certificate**,.,
rates now will compel it to pay rather dearly at the end o f
SUrar coin and centSeaMa ......................
" W
tender note# «od c«rt'f» ot depwit...
next week. The closing of the mints has seriously disar
a 8.7r2
s
li'il* of other hank*...... ....... ..................
s
p
Xiebarwr* for c-rrsn.- riotise.....................
ranged trade in India, for the time being at all events. The
m m
JttfiSS
Current expend* and t*x«a paid. . . . . . . . . . .
'js.TM comparatively high exchange and the low prices in Europe
Vmmsmn cm V. 8. tKwfitov.. . . . . . . . . . . ..........
a 4,717
ss
V4,Ml
Other resource*.................. ....................
4.700
have greatly decreased exports, and consequently there is not
Total .......................................................... $8,810,294 WMO.IM " i » M o m
the demand for the Council’s drafts that was anticipated.
TJ*tfpUUU*~~
Capital eioefc pmfdfn............. ........ .
l2.500.tXX)
. fB^OO.000 $2,560.00*1
The sharp rise this week in American railroad securities has
Sarpin* and UfKUrtded pruflta.............
..
1,267.573
1.311.055
lJtIT.132
Circulation touteUiadfaifi................ ...............
00,00*)
90.060
00,000
JHTtfieailf unpaid..............................— .. . .
ITJtoiS
675
l.SSi not induced the general public here to buy. On Wednesday
3,650.159
$M 4M 7
OttoeriUmmm ................... .
........
si -,a » the fortnightly settlement began, and Stock Exchange bor
Dn* to
and banker*
. .. . . . . . . . . . . .
W M.tlii rowers were able to obtain all the money they wanted at from
M
Ottoer llablJIUe*................................. .
2 to 24-4 per cent. Within the Stock Exchange, too, the carry
T ou i........................................................... W^iajaw
t s ^ t o .w
»>.5io,s«2
ing-over rates were very light. Oa American securities, for
example, they ranged from about 2% per cent to about 3*^
S t o c k E x c h a s o b C i . k a h i s h - H ihthk T k a n s a c t i o n s . — The
m h j *ioe*i itateinent Includes the transactions of the Sttx;k per cent. From all tills it is evident that the speculative ac Exchtruio Clearing-1 louse from Oct, 30 down to and inolud- count open is still very small. As soon, however, aa the Sher
tog Friday, No», 10; also tie aggregates for dime, July, man Act is definitely repealed, it is believed here that business
August, September and October in 1S93 and 1892,
in the American market will broaden steadily. The fall in
stock s x c b a k o * CMUarwo aocse ik a k s a c t Io s s .
silver is causing troubles in Mexico. An arrangement
■mans, hoik
, •
-----— B a la n e e t , o m t i d e . ------ - S h e e t
C le a r e d .
T otal V a lu e,
S h a m , Value Shares, Cash.Clear'd has been arrived at between Messrs. Bleichroiler, of Berlin,
M onth*
and the Government for the regular payment of the interest
June,m 2 .
04-^66.700 1,433,971
#July.,
J| tAW
on the foreign debt; but there are serious fears here as to the
. im t, P
i
~
s
JSWjW iMtUmaMh m m j m
ability of Mexico to carryout the arrang-ment, and numerous
cm
......,,mu
iMttMNHH
t& B lw w m $ m m
m mm o
failures are reported. In Brazil the civil war still continues,
Jnm, t*m¥
m M .r n o urw&m
July, 1893, I # 1
and the intelligence that reaches London is very gloomy. In
»
Aov.,l#®-C
» * «
Argentina, on the other hand, the President seems to have
SapL,
S2CS3S3S
completely re-established order; It is announced that he is
6 mm. ,.
MAN F K A N C I8 G O .
1
THE
796
C H R O N IC L E .
about to travel through the interior, and his ministers are
negotiating with the railway companies for a commutation of
the guarantees.
In Australia trade is utterly depressed as a consequence of
the banking failures, and it is said that the difficulty of real
izing assets is so great that the Bank of South Australia will
have to make a call upon the shareholders of about £10 per
share. The bank was last year taken over by the Union Bank
of Australia, certain assets being taken over also at an agreed
valuation. The valuation now turns out to have been much
too high, and the Bank of South Australia has been called
upon to pay the difference. Upon the Continent business is
very quiet. During the Russian fetes hardly anything has
been doing in Paris; and in Italy the crisis is deepening.
Italian fives one day this week were actually lower in Paris
than Russian threes, whereas only a very few years ago Rus
sian fives were nearly 20 per cent below the then quotation
for Italian fives.
A thom e there are prospects at lastof a settlementof the coal
strike, as a conference which’promites better than those previ
ously held has been arranged between the representatives of
the employers and the employed. Trade in consequence of the
strike is grpatly disarranged, and business upon the Stock
Exchange here is rather checked by the trust crisis.
On
Monday •,n extraordinary general meeting of the shareholders
o f the Industrial ard General Tiust—the largest of all the
trus's, v i h a paid-up capital of 3t< millions sterling—
was I eld.
It was a very noisy assembly, and it re
jected in »ot>. the proposals of the directors for a recon
struction. A committee has been invited by the directors to
investigate i he affairs of the trust, but the general body of
the >bs‘ ehciders is dissatisfied with the constitution of the
comm' tep. as it it alleged to be composed almost entirely of
friends of i ne directors. The disclosures in this case have
addi d 'o tie di-credit of all the trusts, and especially of all
those conr' cted with the Trustees, Executors & Securities
Irsurai c-> Corporation.
The corporation itself suffers as
much as i he r< s*. The shares are of the nominal value of
£10, £3 beieg paid, and to get rid of the liability of £7 per
share shareholders are willing to hand over the shares for
nothing and to pive £3 per share in addition.
The rates tor money have been as follow s:
Interest allowed
fordeposits by
Oven Market Rates.
w
-
Bank Bills.
Trade Bills.
Disc't ITse
Joint
Three Four
Three Four
Six
Six
Stock At 7 to 14
Months Months Month? Months Months Months Banks. Call. Days
2
- 2143 ~
2 <<» - 2
2MS3M 2M9SH
Sept. 22
IX 1H
"
29 3V£ 1 « ® - m s - 2H& ~ 2 @3 2 @3 2 @3
2
IX 1%
1
Oct. 6 3 1M"156 1 ^ 0 - 2H@ - 1M-5-16 W 9 - 2 @2V*
V4
1H
“ 13 [3
1.
- m ® - |2J4@ - 2 @2 H 2 <32^4 2y>?&m
ihf
1*
“
20l 3 1H& - m ® - 2H® - 2 @2 }4 2 32J4 2H@3
1
1H
“ 27 3 2HCr 3 2H& 3 23i<3 3 3 ®3 )4 3
1
IX
*4
The Bank rate of discount and open market rates at the
chief Continental cities now and for the previous three weehs
have been as fo llo w ^
Rates of
Interest at
Paris.... .........
Berlin..............
Hamburg.. ..
Frankfort.......
Amsterdam...
Brussels
V ie n n a ........
Ht. Petersburg
Madrid.........
Copenhagen...
Oct. 27.
Bank
0 pen
Rate. Mark*
2H
'5
5
5
5
3
5
5
5
4
2H
4H
m
m
m
2%
m
5
4
Oit. 20.
Bank
Rate.
2H
5
5
5
5
3
5
5
5 .
4
Open
Marker,
2%
m
m
■iH
5
2H
4%
5
5
4
Oct. 13.
Oct. 6.
Bank Open
Bank Open
Rate. Mark. t Rate. Marke
SX
5
5
5
5
S
5
5
5
4
2H
4%
4-H
4-%
m
2H
IH
5
5
4
2H
5
5
5
5
3
5
5
5
4
2X
4%
VH
4U
2-X
4%
«
6
4
"The following return shows the position of the Bank of
England, the Bank rate of discount, the price o f consols, & c,,
compared with the last three years:
Circulation ..................................
Public deposits... „....................
Other deposits..............................
Government securities..............
Other securities...........................
Reserve.........................................
Gold and bullion..........................
Prop, assets to liabilities per ct.
Bank rate....................... per cent.
Consols 2$i per cent.....................
Clearing House returns..............
1893.
1892.
1891.
1890
Oct. 25.
Oct. 26.
Oct. 29.
Oct. 28.
£
£
£
£
26,043,260 26.343,845 25,427,270 24,606,555
4.525.655
5.429,999
4,192,363
3,551,913
31,537,950 30,877.586 29,703,804 29,048,504
12,287.598 15,057,055 12,262,042 16.133 500
24,661,590 24,000,918 26,556,562 22.S16.077
16,969,514 15,076,573 13,246,791 11,602,907
26,561.774 24,970,421 22,224,061 19,759,462
iOH
35 5-10
3SM
413$
3
3
(Oct. 29) 4
5
95
1-16
94
11-16
97(6
90-K
102,728,000 104,926,000 109,521,000 163,788,000
[V ol. LVII,
Messrs. Pixley & Abell write as follows under date of
October 27 :
Gold—The Bank has recsived £ 5 0 0 ,0 0 0 from Sew Zealand and Aus
tralia and £ 6 1 5 ,0 0 0 lias been withdrawn. £ 4 5 8 ,0 0 0 being for Holland.
The demand In the open market Is lteeu, both for the Continent and
United States. Arrivals: Australia, £ 4 6 2 ,0 0 0 ; New Zealand, £ 3 0 .0 0 0 ;
Traansvaal, £ 7 2 ,0 0 0 ; Brazil. £ 1 0 ,0 0 0 ; China, £ 7 3 ,0 u 0 ; Bombay,
£ 2 9 ,0 0 0 . Shipments to Bombay. £ 26,000.
Silver—Silver has given way on the news from New Y ork of the
certain repeal of the Sherman Act
rt closes weak at 31*84. for
“ cash," with sellers at much lower rates forward. A rrivals: New
York, £ 9 4 ,0 0 0 ; Australia, £ 1 ,9 0 0 ; Egypt, £ 2 ,3 0 0 . Shipments to
Bombay, £ 1 5 ,oof).
Mexican Dollars—These coin have been in good demand at 3 3 %il„
but are %<1. lower to-day, in sympathy with silver. Arrivals from New
York, £ 2 6 ,0 0 0 .
The quotations for bullion are reported as follow s:
GOLD.
London Standard.
Bar gold, fine__ oz.
Bar gold, contain’g
24 dwts. silver, oz.
Span, doubloons, oz.
U. S. gold coin .. .oz.
German erold coin.oz
Oct. 26.
Oct. 19.
s. d.
77 11%
78
73
76
76
OH
9H
6%
6%
SILVER.
London Standard.
s. d.
77 W 4 Bar silver, fine. ..oz.
Bar silver, contain78 0
ing 5 grs. gold..oz.
73 9!* Cake silver..........oz.
76 6^ Mexican dollars..oz.
76 6 4
Oct. 23. Oct. 19.
d.
33 7-16
d.
33H
34 13-16 31M
38 1-16 36 7-16
335(1
SaH
The following shows the imports of cere il produce into the
United Kingdom during the first eight weeks of the season
compared with previous seasons:
IMPORTS.
1 8 93.
Im portsofw heat.ow t.11,391,716
Barmy............................ 4 ,7 9 9 ,0 5 0
Oats................................. 2 ,2 6 0 ,4 0 8
P e a s ..............................
339,213
Beans................... ........
79 6 ,7 3 5
Indian c o m ........... .
4,4 2 8 ,4 1 9
Flour.............................. 3 ,9 03,052
1 8 92.
11,0 8 0 ,2 7 1
3,8 8 6 .2 5 7
2,2-----------2 0 ,0 0 9
2 7 6 ,2 5 L
9 9 3 ,1 5 0
5 ,9 0 4,815
3 ,421,401
1891
1 1 .9 07,653
4.3 1 1 ,8 3 1
2
,2 1 3 ,8 0 7
---------------29 5 ,1 6 0
657 ,2 9 3
3 ,0 5 9 ,1 3 2
2 ,4 2 9 ,2 0 5
I? 90.
1 2 .4 7 5 ,2 3 6
4 ,8 9 2 ,6 0 4
2 .0 6 5 ,8 7 7
177,695
4 83.332
5 .3 2 0 ,3 2 0
2 .3 2 1 ,6 1 0
Suoplies available for consumption (exclusive of stocs> on
September 1):
1893.
1892.
1 891
W tieat..................ow t. 11,393.,7*16 1 1 ,0 8 0 ,2 7 1 11 ,9 0 7 ,8 5 3
Imports >f flour.......... 3 ,9 0 3 ,0 5 2
3 ,4 2 L,4 0 1
2 ,4 2 0 , i05
•ales of home-grown. 4 ,1 3 3 ,9 1 7
4 ,0 7 3 ,7 7 9
5 ,1 0 5 .8 3 6
1 8 90.
1 2.4 7.5.233
2 ,32 1,610
6 ,9 6 0 ,7 4 6
Total .
......... 1 9 ,4 28,685 18,5 7 5 ,4 5 1
1 8 93.
1892.
Aver, prioe wheat w eek.27s. 6d.
23s. 7d.
Average price, se a so n ..2 6 s. 9d.
28s. 6d.
2 1 ,7 5 7 ,6 42
1890.
3 ls . 0 1 .
31s l i d .
1 9 ,4 4 2 ,3 9 4
1891.
35s. 2d.
36s. 7d.
The following shows the quantities of wheat, flour tu d
maize afloat to the United Kingdom :
This week.
^ h e a t .................qrs. 2 ,4 8 2 ,0 0 0
Flour, equal to qrs.
2 6 0 ,0 0 0
Maize...................... qrs. 3 5 7 ,0 0 0
J B n g lls ii F i n a n c i a l
Last week.
2,5 5 6 ,0 0 0
26 4,000
319 ,0 0 0
1892.
1 ,8 9 1 ,5 0 0
3 8 5 .0 0 0
3 5 3 .0 0 0
iH a r k e ti-P e r
1891
1 ,7 7 3 ,5 0 0
206.UOO
1 8 7 ,0 0 0
G a b le .
The daily closing quotations for securities, & c., at London
are reported bv cable as follows for the week ending Nov. 10:
London.
SUyer, per oz.................. d
Oonseis,new,2% per ots.
do for account.........
Fr’oh rentes (inPari8)fr.
U. 8 . 4s of 1 9 0 7 ...............
Canadian Pacific.............
Caio. Mil. <fe St. P au l___
Illinois Central.................
Lake Shore........................
L'>aiBvHle<fc N ashville..
Mexican Central 4 s ........
N. y . Central & Hudson.
N Y. Laze Erie & W est’n
do
2d oons.............
Norfolk & Western, pref.
N orthern Pacific p re f...
Psnnaylvanla....................
Philadelphia & Keadlny.
Union Pacific....................
WAbash p ref.....................
Sat.
Mon.
323s
32%
97:oie 9 7 is16
98
93
98 60 9 8 6 0
75 “s
67bj
9 6 1*
131
51*4
5 1^4
1063*
15
7 O'*
22
23 *3
53
10%
18%
16**
75**
66*4
96*4
131
50%
51**
106
14^
70**
22
23*8
53*e
103a
183s
16**
Tuts.
Wed.
Thurs.
32918
32%
32%
93*8
9S 'i6
98 %
98
98%
983)6
98-90 98-92*2 9 9 1 7 *2
75*e
6634
96
132
5034
51*2
106
14%
70*a
22
23*6
53*8
103a
18%
16**
75*4
67
96
131*2
50*4
5134
106*4
14%
70**
21%
23
53*8
10%
18**
16*3
74%
6738
96
132*2
49 %
52
1063s
1434
71
22
23
53*8
10%
18%
16*2
Fn.
327,«
98*8
98% «
9910
743a
66%
96
131*2
493s
52
106%
143*
71
22
22*2
53*8
1078
IS
16*2
C o m m e r c ia l a n d ^ X ts e e lX a u e o ix s H e m s
N a t io n a l
B a n k s . — The following shows banks recently
organized.
RECENTLY ORGANIZED.
4,931—The Citizens’ National Bank of Minneapolis, Kansas. C apital,
$ 5 0 ,0 0 9 . Y . D . Rees, President; J. VV. Smith, Cashier.
INSOLVENT.
4,113—The Commercial National Bank of Denver, Colorado, is insolv
ent, and was on October 2 4 placed in the hands of Frank
Adam s, receiver.
4,315—The First National Bank of Port Angeles. W ashington, is insol
vent, and was on October 5 placed in the hands of Charles A .
Dyer, receiver.
■1,343—The First National Bank of Sundance, W yom ing, is insolvent,
and was on October i l placed in the hands of Milo A. Adam s,
Receiver.
4 ,362—The First National Bank of Dayton, Tennessee, is insolvent,
and was on October 25 placed in the hands of David B. Plumlee, receiver.
4 ,5 6 1 —The Lloyds National Bank of Jamestown. North Dakota, is in
solvent, and was on September 11 placed in the hands of John
D. Benton, receiver.
IN LIQUIDATION.
4,091—The Frankfort National Bank of Frankfort. K y ., has gone into
voluntary liquidation by resolution of its stockholders, dated.
September 2 1 , 1893.
4,457—The First National Bank of Slaughter, Washington, has gone
iuto voluntary liquidation by resolution of its stockholders,
dated October 25, 1893,
THE
November 11, 1898,1
Bom® H eld by N ational B anks.—The following interest
ing statement, furnished b j the Comptroller of the Currency,
shows the amount of each class of bonds held against national
bank circulation and to secure public moneys in national bank
depositaries on October 31.
CM. 31 .189 3. to k e c a r .-
IT. 8 . B o n d s H e ld
D i l r r i p i .r ,n o f B o n d s .
B i m i c D e p o s its
in B a n k s.
M anx
C ir c u la t io n .
T o ta l S e l a .
$1,170,000
1,533,000
12.203,000
$16,576,000
22,320,850
170,519,500
$17,746,000
23.353,850
132.722,500
$14,911,000
♦209,416,3^0
$224,327,330
4 per c «u ts..................... .
Total
,.
........
state
ment, kindly furnished us by the Director of the Mint, show s
tip* coinage at the Mints of the United States during the month
•of October and the ten months o f 1S93.
Oo
w a
&k
»x
U n it e d S t a t e s Mi n t s . — The f o l l o w i n g
O c to b tr .
T en M o n th s .
D e n o m in a tio n ,
i I I I
i
H alt eagles...............
«vp
63,000
556,320
51 ),320
Doable eagles..........
P irn s.
V a lu e .
1!
M ax*.
V a lu e .
8
796,944 I5.93 3.8S0
1.363,3.19 13,813,390
1,329,335 0,616 075
........
797
C H R O N IC L E ,
30,063
75,157
DoUar*.......................
§30,000,030
—The statement of the condition o f the Massachusetts
Loan & Trust Co., Boston, at the close of business Oct. 31
will be found in our advertising column*.
l.U U .U O
9,501,800
atarnl-inl dollar-,___
Half d olla rs.............
Quarter d o lla rs----D im es........................
; ii.0o>3r8.it* 0
1 .UOV.000
22" .000
97,WOO
lOw.DDti
Total silver............
1,832,000
419,000
23,67 **,122 7,954,037
AUSBtto AT.,B’ iiir n .s t 'k .____
y iv e cen ts.................
800,000
40,000
10,937,565
543.878
81'ekerst.
4,010,000
40,100
37,751.565
377,516
Total m i n o r .* .....
4,310.000
80,101
T ita l colrnur,.........
7.7 -2,140
10.003,900
3,539,681 30,49-1,102
—Messrs. Drexel, Morgan & Co. offer at 87% and accrued
interest from June 1, 1393, §5,000,000 100-years”general mort
gage 4 per cent gold bonds of the Cleveland Cincinnati Chi
cago & St. Louis Railroad Company, being part of an issue .
limited to
created for the purpose of consolidat
ing all the debts of the company secured by mortgages on
the various properties now forming part of the consolidated
company, and for providing additional terminal facilities,
equipment, construction, &c., as may be required by the
growing necessities
of
the company.
The Cleve
land Cincinnati Chicago & St. Louis Railway forms a
part of the Vanderbilt system of railroads. A statement o f
gross and net earnings and fixed charges of the company is
attached to a letter from the President of the road, which may
be obtained from Drexel, Morgan & Co., aud from which ft
will be seen that since the consolidation regular dividends of
5 per cent have been paid on the preferred stock and from 3
to 4 per cent on the common stock of the company. No fdrther Issue of these bonds can be made until after July 1, 1894,
and then only at the rate of §1,000,000 a year for construction
purposes or for the acquisition of property. A simultaneous
issue will be made by Messrs. J. S. Morgan & Co., London.
—South Milwaukee, W is., 5 per cent bonds are oifered at
98)1' and interest by Messrs. Geo. A. Lewis & Co., Chicago.
These bon vis are a legal investment for savings banks in some
of the Eastern Stares. See particulars iu advertisement in
our State and City Department.
1,455,565
7.557,870
B,354,322
6,310,465
1,455,505
3.778,-35
2,089,581
031,056
48,689,130
924,394
75,906,933 15,372,533
City Itailroad Securities— Brokers’ Quotations,
Sea. M.,5s, 1S08...A&O 100
a ktu-E.-suA as
111 mart,, 7a , 1900-.JAJ> t07
SrM«r»jr jt 7 u iA v .-8 t'k ...........
I n m o n ., 5», 1004 .J & o ion
7 < [ m o r t .,6 * 7 l0 1 4 ...J A J 1 0 0
B u s y I»t, 5». (Cll....... ”41 too
Soil &», Uit. art [■,.['! • , ’OS,; no
Brooklyn City—N*w8tocK 167
B'ktjrncroMi’B 5.., 1908 10*
;Dry nk.K .B .4 BaVy—Stk. ISO 125
i i f , it., 5 s , 1 9 8 2 ........ J & D
: Soni»...........- ........
I 30
iisr
“
4 M S t Mftuh.tfe S tN rA v e .
la t m ort, 6 b* 1910.* H A S
r o t t m a s imports a t s e w t o r k .
1590.
F o r W ee k .
1891.
*1,478,170:
10,473,146
|
$1.760,082
8,551.409.
1392.
j
1893.
$2,239,758
9,816,133
•920.959
8.480,112
T o t a l . . . . . . . : $12,351,316: $10,321,091 $12,055,836
•9,116,071
St»M J a n . 1.
Dry H e e d s ..,.,. $130,516,814 $100,336,857 $109,030,606 $109.070.103
O en 'l mer*dlae.; 3.’ t.il-l.C*!" 341,891,521 377,518,227 367,132,008
Total 41 week*. $405,197,3741 $415,27 8,378: $-180.543,833 j•476.202.113
The following is a statement of the exports (exclusive of
■specie) from the port of New York to foreign ports for the
week ending November 7 and from January 1 to date:
EXTORTS FROM SKW FORK FOR TBS WKBK,
T o r the w eek..
Prev, reported.
1890.
1891,
$7,054,944
293,193.491
•8,420,720
308,243,566
j
1392.
1893.
$0,583,893
$7,484,237
322,578,014 312,762,001
T otal 4 4 weeks. $300,248,435 M l 0.673.295 *330,063,851 *310,346,494
The following fable shows the exports and imports of specie
a t the port of New York for the week ending Nov, 4 and since
January 1,1893, and for the corresponding periods in 1892
and 1891:
KXPORTS AMR IMPORTS OF SPECIE AT SEW TORK.
Asp o rts.
B o ld .
W eek.
C r e s t Britain............
I tn p o r U .
l.V m « ,/« u .l.
O erroany....................
W est Irirtte*...............
M e x ic o ...................... .
HttiitB A rm -rir.,........
A i! o & r r ctlOUtlios..
$ ............ $18,678,917
17,990,102
23,453,100
7,831.049
10,468
1,176,270
6.000
1,013.420
Total 1 8 9 3 ,,.......
Total 1892..........
Toist 1091..........
$6,000 $70,141,330
1 1 1.450 59,161,503
55.233 75,070,177
E x p o r ts .
B ilm r *
W ee k .
O reat Britain.
W eek.
\S inccJnn. 1.
220.596
2,076
52,112
2,794
$28,136,969
9,678,405
13,291,89*
5,022,874
59,217
1,5-3,434
128,001
$277,604 $57,701,474
7,712.308
194,282
2,116,618 25,383,798
W eek.
S in c e J a n . 1.
$2,937
788*040
598
47,532
859,008
1,1 18,9-10
135,852
* ............
fJerm uiir,..... ......... .
West l n 4 i m .
M e x ic o ,..... ................
flonth A m erica........ .
A ll Giber ebujitriij?..
*300,900 $25,662,853
132,198
108,000
518,697
660
90,353
16,000
2,160
41,834
Total 1 8 9 3 ,........
Total 1 8 0 2 .,.......
Total 1891..........
*327,080 *20,01,2,315
370,220 I4 ,tl»“ ,t70
810,000 10,007,785
$2,491 $3,083,495
2,091,333
0,917
2,194,993
234,555
623
488
1,378
O f the above im p o r ts f o r th e week in 1893, §77,Old w ere
§112
Of the
American gold coin and
American silver coin.
mg
Ume $6,003
gold coin.
the same
were American
lit mort., 7e, 1894., J&J 104 ].**»••
Niuih A ? fl„ .......... . . . .
Setond Ave.—Stock.— ..— 106 UO**
Ini mort,, 5a, 1909.M&N 1 0 2 . . . . . .
. . . . 205
Sixth A Vo.—Stock,...
Third A r e ........................... 152 153
lit
5a, 1 9 3 7 ,.... JAJ 1 0 7
Twenty-third SL—Stock.. . . . . 300
N. i . anti Brooklyn iim Securities—Brokers’ Quotation,
BMm Q m u f j u i m o ,
Brooklyn
Light..
C euim f
Gii
nwaons’ (Brodieifn)....
Jersey City & Hoboken..
If eiropolitAn—Bonds.......
Mutual <N\
.........
5**M n (Brooklyn)-----S c rip ..........................
Peopie*h(Broofciyni ■
JSMJu A»JL. (
100 100
WiUiaiuebarg.,................ 120
*'“ *
70
120
Bonds, 6 a ........... . . . . . . 102
Fulton Municipal.—. ....... 124
Bonds, 6 s ............... . . . . . 105
E q u i t a b l e . ............. ................... 197
Bonds. 6 s . . . . . . ___ . . . . . . WO
70
Do
60
ISO
105
145
140
«A O UUMrAsNllSe.
ji MetropolltAn{Brooklyn)..'lli)
*5
150
ib o ”
75
»0
32
Auction Sales—Among other securities the following, not
regularly dealt in at the Board, were recently sold at
auction.
By Messrs. R. V. Harnett & Co.:
S harer.
2 ,655 United State* street Sweeper Co., $ 5 0 ea c h ....................$ 2 5 for lo t
5 United State- Trust Co ............................................................................. 7 7 0
By Messrs, Adrian H. Muller & S o n :
Sham.
l
TOO g a g le Fire Co............ ...2 0 6
28 Bank of N. Y-, N. 15. V ..221*9
4 .) ) .Newport News & Miss.
V alley U K ....................
H i
940 II n W a rn er* Co.Tim.,
ordinary, £ t « each .. -$ 6 0 lot
55 Y ellow Pine Co., p r e f ... 37»s
14 Nat. City B 'k o f B#klyn..381
20o X'olrol-nm Oil Co........... $1 lot
I!Ofl'!,.
Bands.
$200 South. Cent. HR. 1 st)
eon. 5s ...............................
$3U Bo. Con. E ll. Is. 1 8 9 7 - ()$a»
$61 79 South. Con. RR. Cer- f
tiHente of Iiulobtettness !
f.,r 9 p. ct, 40-year bond <• I
$20,000 Amur. Water Works
Co. 1st con. 6s, t v 0 7 ..... . $3,650
$100,000 Elmira MuuieiOal ,
Imp. Co. le t ooo. 5s, 1 9 4 2 .. 2 8
$1,320 Atlantic Mutual Ins.
Co. scrip, 1800 to 1893.......10 1'4
^ n u k in g and IfiuunciaX.
T H E M E R C A N T I L E N A T I O N A L BAN*C
im p o rts.
S in c e J a n . l .
A no
64
in c o m e ^ .* . J<fcJ 60i
16# j HMo a M„
s t W e S t A F. F ' f —Stk. SOO
I mposts and kxposth po* tus W eek.—The following are B k n y . t a 5b, 19:>S J A J 10.) w in
Ctoesiowu—8 i 'k .. 135
the imports at New York for the week ending for d r y goods Oetrtnd
l* t m ore, i
ns
Nor. 2 and for the week ending for general merchandise Otat. 1-k.N.A K .K lv.-sik. 1 >0
OobboI*. 7*. 1904 ... J A B llO
Not, 8 ; also totals since the beginning of the first week iu
Clirtsl'p’r * Will Si.-•‘f k . ..... iso
Jammu y.
l « mutt., lavs ....Adto lofl
Dry Court*.......
<ien’l m or'dlae.
1«>0 ......
95 100
240 .........
titliAv.—Scrip, 8a, 1014 ICO 105
A S fn d St. F'ry—Stk. 300 .........
; S U h tli A t .- S t o c k .
OF T H E C IT Y OF N EW Y O R K ,
N «. 1 9 1 B roadw ay.
C a p it a l ,
-
$ 1 , 0 0 0 , 0 0 0 1S u r p l u s F u n d ,
- ? $ 1 , 0 0 0 ,0 0 ®
WILLIAM P. ST. JOHN. President, |FRKDKRICK B. BCHBNCK, Oashlsr,
JAMES V. LOTT. Assistant Cashier.
A C C O U N TS S O L IC IT E D .
S amuel D. D avis & C o.,
B AN K ER S A N D D E A L E R S
IN INVESTM ENT BEOURIT1E8,
NO. 4 4 W A L L S T ., N E W l O B K .
8 amort, d . D a vis ,
Member N. Y . Stock Exchange.
Ok a s , B , V a n N o s t r a n d ,
..................
798
THE
C H R O N IC L E .
3 ? k e IB a n lu e r s 7 (S a ^ r tte .
D I T I D E N
R tllr o a d i.
Cleveland & Pitts, guar. (quar.).
Syracuse Bing. & N. Y. (quar,)..
m is c e lla n e o u s .
1%
2
Dec.
Nov.
2
1
3
3
Deo.
Deo.
Jan.
Nov.
W A L L
United States Bonds.— Quotations are as follows:
When
Payable.
Per
Cent.
Lehigh Coal & N av..........................
% discount, selling par; New Orleans, bank, par, commer
cial, $1 25 ® 1 50 discount; Chicago, 75c. per $1,000 premium;
St. Louis, 75c. premium.
» 8 .
Name o f Company.
rvoi* l v i i ,
Books Closed.
(B a ys inclusive.)
1 Nov. 11 to Dec.
1
Interest Nov.
Periods
4.
1
1 Nov. 11 to Dec. 3
18
2 Dec. 10 to Jan. 2
23 ------------ to ------------
ST R E E T . F R ID A Y , N O V E M B E R
10, 1 8 9 3 -5
P. M .
The Money M arket and Financial Situation.— The
general condition of affairs has again been greatly strength
ened this week by the result of the elections. There is of
course the usual effort to befog and mystify the true meaning
of these results, but to the thinking public they are very clear
and indicate most forcibly the popular declaration—(1) In
favor of honest government. (2) Against silver inflation and
obstruction to the majority rule in Congress. (3) Against any
such violent and immediate changes in the tariff as would
break down the business of established concerns.
The surplus reserve of the New York banks last Saturday
was $52,013,450, and yet money continues to come this way, and
a further increase is looked for in the statement to-morrow.
This superabundance of money will furnish the inducement
to go into new enterprises or to invest in securities as soon as
we recover fairly from the recent panic.
There are signs of improvement in railroad earnings. The
returns do not show such uniform decreases from last year as
they did a few weeks ago, and where there is a decrease it is
frequently insignificant.
The decline in stocks and the failure of bonds to advance
m ay be very disappointing to many holders, but it cannot be
reasonably interpreted as anything more than a reactionary
movement, and in due time the effect of a sounder financial
basis must be felt.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 1 to 2 per cent,
the average being a little less than 2 per cent. To-day rates
on call were 1 to 2 per cent. Commercial paper is quoted at
4 % to 5 % p. c.
The Bank of England weekly statement on Thursday sh owed
a decrease in bullion of £383,205, and the percentage of
reserve to liabilities was 46'09, against 44’93 last week; the
discount rate remains unchanged at 3 per cent. The Bank
of France shows an increase of 2,900,000 francs in gold and
a decrease of 2,175,000 francs in silver.
The New York City Clearing-House banks in their statement
of Nov. 4 showed an increase in the reserve held of $6,763,700
and a surplus over the required reserve of $52,013,450, against
$48,787,475 the previous week.
2 s , ..........................reg.
4s, 1 9 0 7 ................ reft.
4 8 ,1 9 0 7 ............. coup.
6s, our’cy,’ 9 5 — reg.
6s, our’cj-,’9 6 ___ reg.
6s, our,cy,,9 7 ___ reg.
6s, our’ey,’ 9 8 ___ reg.
6s, our’oy,’ 9 9 ___ reg.
Q.-Meb.
Q.-J a n .
Q .-J a n .
J . <te J .
j. & j.
j. & j.
j. * j.
j. & j.
* 96
•nm
* llH a
*102
*104
*106
*109
*111
Nov.
6.
Nov.
7.
* 96
11218
112ig
*103
*105
*108
*110
*112
:
<
0
o
W
Nov.
8.
Nov.
9
K ov.
10.
* 96
’ 112
112^
*103
*10*
*107
*110
*112
* 96
*U 2q
112%
*103
*105
*107
*110
*112
* 96
*112
112ifi
*103
*105
*108
*110
*112
•This is the Drioe bid at tbe mornina b o a rd : no tale was made.
United States Sub-Treasury.— The following table shows
receipts and payments at the Sub-Treasury.
Date.
Receipts.
$
2,8 3 5 ,2 1 5
7 ,7 0 6 ,1 7 2
Balances.
Paym ents.
$
2 ,385,935
6 ,554,705
Coin.
Nov. 4
"
6
“
7
"
8
“
9
“ 10
6,2 3 0 ,6 8 3
4,779,785
12,668’, 600
$
57,2 9 5 ,4 8 2
5 7 .9 31.848
.H O L ID A Y .
4,0 9 7 ,7 4 5 58,0 6 6 ,9 4 9
2 ,867,131 59,5 1 1 ,3 5 5
1 3 ,8 18,856 58.242,218
Total
3 4 ,2 20,455
29 ,7 2 4 ,3 7 2
Coins.— Folio wing
coins:
Coin CerVs.
Currency
$
3 93.310
2 78,062
$
18,322,215
1 8 ,9 5 2 ,5 6 3
5 08,612
5 58,333
42 6 ,2 4 4
20 ,6 9 9 ,8 5 0
2 1 ,1 3 8 ,3 7 7
2 1 ,3 6 9 ,3 4 7
are current quotations
in
gold for
Sovereigns............ $ 4 83 ® $ 4 88 iF ln esliver b a r s .. — 69 «
Napoleons___ . . . 3 85 a 3 90
F lv e fr a u o s .. . . . . . — 9 0 ®
X X Reiolim arks. 4 7 0 O 4 80 Mexican d o lla rs .. — 544a®
25 Pesetas............ 4 75 ® 4 83
Do unoommero’ l — — a
Span. D oubloons.1 5 55 ® 1 5 75 Peruvian s o l s ... .. — 50 a
M ex. D oub loons.15 55 ® 1 5 75 English s l i v e r .... 4 80 a
Fine gold b a r s ...
par 9 H ptem. D .S. trade dollars — 60 a
— 70
— 95
— 5 0 's
— —
— 52
4 90
— 65
State and R ailroad Bonds.—The new Virginia fund, debt
bonds, 2-3s of 1991, continue to be the favorite among State
bonds and $73,000 have sold at 53 to 52% , closing at 5 2 % ;
$36,000 V a. 6s defd. trust rec., stamped, sold at 7 to 6, closing
at 6%; $2,000 N. C. cons. 4s sold at 94.
Railroad bonds have met with only an ordinary investment
demand at prices generally steady. The Atchison bonds have
been relatively active and sold lower in sympathy with the
stock, which was depressed by the bears— the 1st 4s close at 70%
and 2nds at 37. Chicago & Northern Pacific 1st 5s were advanced
on a more active demand, but fell off again, closing at 45;
no reorganization scheme has yet been announced. Ches. &
Ohio bonds of the several classes are strong, apparently on the
company’s earnings and a confidence in its stability. The
Phila. & Reading bonds have been steady, while the stock
sold higher, and in Phila. the receivers’ certificates were bid
up to 102, showing much more faith in them. Am ong the
Southwestern railroad bonds the Mo. Kan. & Texas 1st 4s are
in demand about 80 with a 2 per cent coupon to come off this
price Dec. 1; the Rio Grande Western 1st 4s sold up to 6 9 % ; Den
ver & Rio Grande 4s 74 bid; St. Loins Southwestern 1st 4s at
57%; Texas & Pacific 1st 5s at 76%; and these prices compare
with some of the more Eastern lines as follows: Reading
general 4s at 70% , Ontario & Western refunding 4s at 83% , N.
Y . Chic.3 & St. Louis 1st 4s at 96, Hocking Valley consol. 5s
at 89, Erie 2d consol. 6s at 69%.
Railroad and Miscellaneous Stocks.— The stock market is
still under the influence of reaction from the long tension that
preceded the repeal of the silver-purchase law and the sharp
1893.
Differen’sfrom
1892.
upward turn that came just before the final vote. The fact is
1891.
Nov. 4.
Prev. week.
Nov. 5.
Nov. 7.
plain now, and was reasonably plain before, that general busi
ness can recover only gradually from the extreme depression
$
$
$
$
C ap ital.................. 6 0 ,9 2 2 ,7 0 0
60,4 2 2 ,7 0 0 59 .3 7 2 .7 0 0 of the past six months, and there is little doubt that such re
Burplue......... ......... 71 .6 0 5 .1 0 0
6 8 ,2 3 3 ,5 0 0 6 4 .9 3 1 .0 0 0 covery is already under way in the better feeling of confidence
Loans and disc’ts 40 2 ,3 8 3 ,3 0 0 In c "5 ’6 5 8 ,5 0 0 44 9 ,0 1 9 ,1 0 0 4 ll.L 9 0 .2 0 0
which pervades all classes of business people. The industrial
Circulation........... 14,409,900 Dec. 200,900
5 ,5 9 0 ,0 0 0
5,6 5 3 ,4 0 0
stocks are most easily worked up and down in periods like the
N et deposits........ 44 7 .4 1 2 .6 0 0 I n .1 4 ,1 5 0 .9 0 0 45 5 ,8 4 1 .5 0 0 4 1 6 ,8 2 6 .2 0 0
Specie.................... 97 ,1 1 6 ,5 0 0 I n c . 552 ,0 0 0 7 3 ,6 7 0 ,0 0 0 8 1 .9 5 3 .0 0 0
present, because the buying and selling come largely from in
Legal tenders___ 6 6 .7 50.100 Inc .6 ,2 1 1 ,7 0 0 42,9 6 8 ,9 0 0 2 9 .2 3 8 .7 0 0
side parties; and as to the outside public, rumors and reports of
Reserve held....... 163.86 6 .6 0 0 Inc .6 ,76 3 ,7 00 1 1 6 ,6 38,900 1 1 1 ,1 9 1 ,7 0 0
all kinds usually take the place of definite statistics. Some of
Legal reserve___ 1 11,853,150 Inc .3,53 7 ,7 25 1 13,960,375 1 0 4 ,2 0 6 .5 5 0
the companies, however, are making fair annual reports with
more information, and among these are Western Union, Gen
Surplus reserve.. 5 2 ,0 1 3 ,4 5 0 I n c .3 ,2 2 5 ,9 7 5
2 ,6 7 8 ,5 2 5
6 ,9 3 5 ,1 5 0
eral Electric, Cotton Oil, Colorado Fuel and Tennessee Coal,
Foreign Exchange.— Rates for sterling bills were toler with a few others of less prominence. Sugar has been active,
ably firm early in the week, but have since been rather easier selling up to 102% and finally closing at 99% , on the assump
until to-day, when rates were again firmer. The market keeps tion that no new tax will be laid on sugar ; Chicago Gas has
been another leader, selling down to 58% and closing at 62% ,
close to the gold importing mark, and some small amounts of without any new points; Western Union weakened, probably
gold are coming in.
To-day actual rates of exchange were from the selling of those who bought on the late boom, and
as follows: Bankers’ sixty days sterling, 4 8 1 % @ 4 82; demand, closes at 87% ; St. Paul and the other grangers are about
steady on tneir earning prospects, and a Western dis
4 84 @ 4 81)4; ea bles, 4 84% @ 4 84%.
patch reports St. Paul as advancing wages again. Atchison
Posted rates of leading bankers' are as follows :
was sold down by the bears, touching 18% and closing at 19.
Lackawanna holds its advance w e ll; Del. & Hudson sells at
November 10.
Sixty Days.
Demand.
131%; Reading has been higher, apparently on more confi
dence in Philadelphia. New England sold off quickly to-day
Prime bankers’ sterling bills on London 4 82 ® 4 8 2 ^
4 85
closing at 28% , on the newspaper talk of discontinuance of
Prime commercial............. ....................
4 81 ® 4 8 1 »,
Documentary commerci d ___
Boston trains. Am ong the trunk lines west from New York N.
4 8 0 4 i® 4 SI
Paris bankers (francs).....................
5 23>s®5 2 1 7g 5 20 ® 5 193s Y . Central now sells at 102%, Erie at 13%, Baltimore & Ohio
Amsterdam (guilders) bankers.............
3 9 78 ® 3 9 tti6
4 03,, ® 4 0 q
ex-div. at 71 and Pennsylvania ex-div. at 50% for $50 shares.
Pranklort or Bremen(reioUmarks)b’nkers
9 4 12 ® 9 4 s8
95ie®95>4
Distilling & Cattle Feeding has been weak, closing at 30% ,
The following were the rates of domestic exchange on JSew and National Lead at 27%. The general market was weak
York at the under-mentioned cities to-day: Savannah, buying to-day with a rather better tone in the last hour, when Chicago
% discount, selling par @ % premium ; Charleston, buying
Gas advanced 1 per cent.
THE CHKON1CLE.
N ovember 11, 1893,]
799
N E W Y O R K S T O C K E X C H A N G E — A C T I V E S T O C K S f o r w e e k e n d in g N O V E M B E R 1 0 , a n d s in e e J A N '. 1 , 1 S 9 3 .
H IGH EST AND LOWEST PK1CES.
Monday,
S o v . 6.
Saturday,
Nov. 4.
19%
*2%
“68
•72%
50%
119
19%
'137
31%
19% 20%
••-'3s, 2%
•71% 72%
73
73
•51
52
118 118
19% *20>♦137 140
•82% 32%
■57% 58%
*64% "65%
120
120
h .h a
lo t-s
Tuesday, Wednesday,
N ov. 7. S Nov. 8.
*2 %
03% 64%
•119 121
103 HH%
22
22
20% 22
*64
70
*64
70
129% 130% 128% 129%
173% 174
172 17:
'1 0
11
29% 30
"i»:% *20%
'•■I
1
*%
1
•6
15
*2
5
♦S5
86
W
80
107% 1..;.
‘ 107% 100
93% 93%
•32% M
•7% 8%
•7% 8%
*23
28
•23% 28
17% 17%
^
If**
« » % 69%
127 127
126% 127
*03% 97%
88
m
40
tSiV. 47% 49
11% 11%, 10% 10%
•3
6 i *3
0
132 132 « 130% 132
11%
'32%
*12%
23
25%
*14%
••Mi
102%
11%
35 ;
12%
23 j
28
15%
70 1
103V
i« %
60
‘ 31
'14%
*28
32%
107%
'0
17
16%
48
*21
7%
*2 2 %
I
23
7%
23%
•15
20
*26
45
35
•25
•7
7%
20%
IT *
m
'5
11%
*33
•12%
23
21%
13
*60
103
18
■16%
67
-00
32:%| *31
14%t
14%
30 |
33% ' » %
197% 197%
10%
*9
17%
16%
16%, 10
48
47%
102%
11%
35
12%
23
25%
13
70
lo;t
17
66
32
14%
197%
10%
17%
lfl%
48%
•21
21%
7%
7%
21%
22
20
6
*9
10
27
O
E
e
►
-t
5%
5%
9
9
24
24
9 0 100
*«0 100
* 1 0 3 % 103% ™ 0 5 %
18%
7
18%
7%
V
I 1*
4
45 ** *38
45
*70
SO
•70
80
ITS, 18
17% 17%
-5%
7
6
0
'7 %
8%
10% 16%
13% 16 '
14% 13%
11% 15%
51
51 % 51% 52%:
*«%
7
*C
7
33
74%
97
98%
91
99
«1 %
*10
•24%
M W%
31%
43
:25%
* ISO
27
'75
•5
*10
18
33%
34%
75
75
SH%
99%
90%
89
91%
90
99
100
61% 58%
12
*10
25
*21%
135% 133%
32% 28%
46
43%
25*% 525
(50 * ISO
27
26%
77
74
5
5%!
% ;
*10
34%
76
jtfja*
S®%
91
100%
01
12
25
134
:u %
44%
25
«0
20%
—
75
•5%
12
18% 18%
72% 72%
171% 171%, 174% 175%
15%
15 *i
•10
87%
:1
SSh'
Sales of
I the
1 Week.
! Shares.
R ange o f sales in 1893.
Lowest.
H ighest
2%
18%
20%
2%
2%
70
70
72
72
-51
52
1S%
*2 %
7!
•15
*25
45
30% 30%
•6
9
*7
a
8
19% 2 0 %
16
16
•59
63
P
3%
3%
w%
17
16
16
*23
STOCKS.
67 v ..... .
67% 68% lid:- 67%
37% 37%
37
37%
♦no
in
* iio
112
36
36%
35 >4 36
*101 % 102%
Friday,
N or. 10.
A c tiv e K i t . S to c k s .
19% Atchison Topeka & Santa F e. 37,991 12% Ju ly 31 36% Jan. 16
1% July 25
2 % Atlantic & P acific....................
5% Apr. 29
120
7 6 5 34% July 27 97% Jan. 24
*70
72
70% 71 B a lt im o r e & O h i o .........................
401 66 July 27 90% Jan. 16
*71% 72 Canadian P acific......................
72% 72%
5o% .51% Canada S outhern.....................
943 34% July 27 58% Jan. 16
91% 51%
1 1 0 % 1 1 0 % 117 117 Central o f N ew Jersey............
492 84 July 26 132% Jau. 31
118% 119
10
10% Chesapeake A O., vot. tr. cert.
1 0 % 20
0,605 12% July 26 25 Apr. 6
19% 19%
137 150 •135 ...
Chicago A A lt o n ...................................... 126 Aug. 10 145% Feb. 1
137 140
81% 823s Sl% 82% Chicago Burlington A Quincy 52,153 69% July 26 103% Jau. 21
82% 63%
51 Allg. 21 72% Jan. 25
•57
58 Chicago A Eastern Illin ois...............
•57
38
37% as
Ho
pref.
85 Aug. 17 105 Jan. 23
61% 69 % 63% ”04*8 Chicago Milwaukee A St. Pan! 123,473 46% Ju ly *26 83% Jiui. 23
64% 86
120 120
Ho
pref.
38,5 lOO July 26 26 Jan. 23
110% 119% 120 120
8.293 84% July 26 116% Feb. 1
104% 105-4 104% 10-1% 103% 104 Chicago A N orthw estern.......
Ho
pref.
13 128 ' Aug. 18 146 Jau. 20
137% 137%
190 136
00% 07% Chicago Bock B land A Pacific 30,970 51% July 31 S9% Jan. 23
60% 69
37%
36% 37 Chicago 8i.
37
37% l « %
I "Paul Mian. A' O
' n.
2,865 24 Ju ly 26 58% Feb. 9
•HI 112
110 112
94 Aug. 23 121 Feb. 3
Ho
pref.
*110 111
35% 30% Clevc. Cincto. Chic- A St. L ...
2,096 25 July 26 60% Jan. 23
3«
30
36
36%
1.53 ■75 Oct. 13 98% Jan. 30
90
81
Do
pref.
1,250 11% Aug, 2 32% Jau. 19
*21% 22% " 2 -i" ' 2 2 % 2 1 %
Columbus H ocking Val. A Toi
*04
59% Aug. 2 73% Jan. 17
*64
70
70
Do
pref
4 ".id .i 102% July 26 139 Jau. 27
130% 132% 13*2 133% i S i % i 3 i % Delaware A H u dson...............
4 , 7 4 3 127
July 27 17.5 Nov. 3
172 173
172% 172% 171% 17*2% Delaware LadeawasiiaAW est
200
*9% 10% Denver A Kin G r a n d e ............
10% 10%
8% July 13 18% Jan. 21
•9% 10%
31
31%
10,115 24 July 19 57 >4 Jan. 23
Ho
pref.
30% 31
29% 31%
5 % Feb. 4
% July 3
*%
1
*'.l
1 East Tennessee Va. A O a .......
*%
1
*0
1.5
35% Feb. 3
•0
15
i o June
Ho
1st pref.
•6
15
*2
5
*2
5
Do
2d pref
2 July 7 11 % Fob. 3
*2
5
83
83 Kvnn-vlUe A Terre H aute—
SO
SO
422 63 Sept. 6 152 Jau. 12
8.5
85
no
no
3 1 0 0 July 27 1 1 2 % Feb. 7
107% UO Great Northern, p re f.............
10 7% 109
92
92% niinol* Central........................
03
03
02% 02%
758 80 July 19 104 Jan. 25
7
7
*7%
8%
a July 25 11 Jan. 25
town
Central............................
100
'7 %
6%
105 1
July 27 37 Jau. 16
*25
26
23% 23%
20
30
Do
pref
12%
July 27 25% Jan. I t
*17
18%
D50
16% 10%
Lake Erie A W estern .............
*17
1«%
83,3 .53 July ai 82 Jan. 18
09
09%
*00
70
Ho
pref
00 •>4 70
128% 127 127% Lake Shore A: Mich, Southern
1 2 0 % 1.2 0 % 128
1,574 DM July 31 134% A pr. 8
790 ■JO July 27 118% Jau. 21
00% 07
*96% 97%
07
07
47%
4.8%
47% IS Lou&ville A Nashville..........
15,6.58 43% Oct. IO 77% J u „. 21
48
40%
10
10 IXUliSV. NfW Alb. A Chief! ro
8% July 27 27 .1an. 14
1 0 % 10%
390
io
io
#n
u
4 Aug. 22 27% Jau. 16
•3
« Louisville St. land* A Texas
*3
H
132 132 Manhattan E levated,consol..
3,006 1 0 0 July 2 6 174 % Jan. 13
132% 133% 132 183
1
0
2
%
102%
HI! 101 Michigan Central..................
803 79% Aug, 21 108% Apr. 8
102 102%
1 1 % 11% Minneapolis A St. L.. tr. reefs.
0 Aug. 3 i 19% Jan. 14
300
14
'1 1 % 12% *12
18 July- 31 19 Jau. 10
*32% 35
31
35
*32% a s
Do
pref.. tr, reels
8 Ju ly 19 16 Jan. 25
"9 0 0
•12% 13, Missouri Kansas A T exas—
1 2 % 13
12% 12%
23
2 2 % 23%
23
Do
pref
2,310 13% July 27 28% Jau. 16
23% 23
60 Jan. 21
7,180 16% July
2.5
25% 24% 2.5% 2 1 4* 25 Missouri P acific.......................
42
*14% 15% *13% 15% Mobile A Ohio.........................
« % July 26 37 Feb. 18
*13% 1:5
*<«>
ml Nitsbv. CfaattaaooitaAst.Louis
00
70
35 Aug. 14 00 Apr. 18
6-5
65
11
2.050 92 July 20 111% Jan. 25
103 103% 103 103% 102% 102% New Y'ork Central a Hudson
* * "18' 20% Apr. 8
9% July
330
*10
17% S ow York Chicago A St. Louis
175, 17%
*05
Jau. 23
70
210 4.5 Ju ly 26
60% 6*% *00
Do
1st pref
300 1* July 26 4 1 Apr. 5
Do
2d p ref
32
:r.
7% Ju ly 26 2 6 % Jau. 25
13% 14 New York Hike Erie A A t-sfli
13% 11%
3,320
14% 14%
1.4 July 26 .48 Jan. 24
•28
*27
30
*28
20
90
Do
pref
28
30% N ow York A New England . 48,580 10% July 31 .52% Jan. 17
31% 33%
3*2% 34
, New York New Haven A Hart.
198 198 •196 198 . . . . . . .
37i 188 Sept. 28 02% Jau. 18
*8
*8
•y
10
10
10 New York A Northern, p r e f..
8 Aug. 31 38 Jim. 24
4,.5ii 11 July 18 19% Jau. 20
17% 17%
16% 17 New York Ontario A Western
17% 17%
17
17% 17% New Y ork 8naq.A West., new
17%
7,785 SiS July 27 (1 21% Jan. 23
10% 17%
49
49% .40%
3,208 31 Aug. 18 .73% Jau. 23
l>ref
48% 49%
50%
Do
0% Jan. 10
.4% July ~*
Norfolk A Western
39% Jan. 23
pref.
20% 20%
” S>6 16% July
H i" H i"
Do
3% Aug. 19 18% Fob. 14
7% Northern P acific..
” 7%
1,071
7%
7%
2*2
1,735 15% Aug. 16 50% Fell, (i
prof
21% 22%
2*2% 21% 22
Do
11 July 22 25 Feb. 1
Ohio A Mississippi
25 May 10 49 Jan. 25
*25
50 Ohio S outhern........................
50
*25
•25
SO
35 Oregon B 'y A Navigation C«
•25
25
35
*25
23 25% Oct- 19 84% Jan. 23
*28
5% Oct. 19 25 Jan. 16
*0
*7
•7
9
Oregon 81,. Line A Gtah North
8
4 July 20 18% Jau. 21
Peoria Decatur A Evansville,
*7
*7%
*7%
8
0
ija o o
12
J u l" 29 53% Jan. 25
21%
20%
2
0
%
20,190
21
Philadelphia
A
R
eading........
21%
21% Jan. 24
*1.5% 17 Pittsburg Clan. Chle. A St, L.
150 11% AUg.
*15% w
17
•51.
53
*49
2 0 0 40 July 27 02 Jail. 24
*49
Do
pref
S3
56
1% Aug. 10 12 Feb. 3
2,000
3%
g%
Rich. A W. P. Terni'I. tr. reels.
3%
4.50 10 Aug, 21 43 Feb. 0
•15
if*
Do
pref. tr. recta
i f * 16
HI
10 Oct. - 22 Jan. 25
Eic Grande W estern.......... .
02% Jau. 28
40 Sept.
Do
p ref
7% Jan. 18
Jin}
* 1% S% St. Louis Southwestern...........
100
*4%
5%
fl
*S
Jau. 18
0 July 2(i
no
10
*8 % 10
*9
10 ( *9
Do
pref
% Jan. 1.8
*26
28 St. Pant A Duluth...................
65 22 AUK. 19
2,9
*21% 27 | *26
His
Jan. 30
90
AUg.
24
•90
100
*00
Do
prof
H
“
l
*90 t " 0 :
9*5 July 27 116% Fob. 14
■103 107 St. Paul Minn. A .Manitoba..
103 106 : 103 107
35%
Jan.
10
17%
Bent.
1.4
1,771
18%
18%.
18%
i O Southern Pacific G o...............
m
1??*
*7%
4% July 2.8 11 Jan. 19
400
8%
8%!Texa» A Pacific
...................
■
10%
Jau.
31
7
Aug.
025
7%
?%:Toled*>
Ann
Arbor
A
N
.
Mich
r
8%
22% Alia. 29 .40 Jail. 17
*38
15 T oledo A Ohio Central_____
j r - 4!**. *38
07 Sept. 1i 8,4 Jan. 7
*70
*72
1 ,1
80 "
Do
pref.
80n
July 20 42% Jan. 27
17
3,015
17
17% fu t o n P a cific...........................
17%
s
3 J ill v 26 18% Jan. 16
32
0
6%l
0 ItlldoM Paulite D enver A Gtdf .
6>»
5% July 31 1*>% Feb. 0
9%
150
8% W abash.......................................
8%i
%
9% July 20 26% Fell. 7
2,235
10
1-5%
i.„
pref.
1 0 %. 15% 10 i 1.5%
2,905 HI July 20 23% Jau. 17
1-5% 1.5%! 15% 15%' 1 : • 1S % Wheeling A Lake E rie.......... .
31
July 27 67*i Jau. 17
51% 5 2 %: 52% 52%, 32% 52%
1,710
Do
pref4% Aug. Hi 15% Jan. 23
•0
10
7%.
0%
7 I *6%
0% W isconsin Central Company
t l is c c i l a n e o n * S to ck * .
33% 34%
32
33%
m
32% American Cotton Oil C o......... 11,00.4: 24 July 20, 5 1 % Mar. 3
1,4)2 .40 July 20 8 4 Feb. 14
76
70
73 i
Do
pref.
74% 71% 71
97% 102%
98% 102%. !'• % 09% American Sugar Refilling Co. 195,422: 0 1 % July 31 131% Feb. 6
3,079 66% July 31 104% Jau. 19
91% 92%
9P,
SH%j
Do
prof.
91
92%
3,598; 43 July 31 1*21 Jau. 3
87% 89
ss% 88%: American Tobacco C o............
88
SO
140 7.4 July 31:110% Jttn. 3
lo o 10 0
l»>0 :
Do
pref.
*99 ......... 100
59% «1%
01% 63
39% 62% Chicago Gos Co., trust r e d o . . , 192,667 ill July 31 94% Jan. 21
8*4 Aug. 29 25% Feb. 7
*10
12
*10
12
*10
12 Colorado Coal A Iron D o v ol..
300] 17% Aug. 15 72 Feb. 14
2-5
25
25
25
*24% 25 Colorado Fuel , I r o n ............
*
*•“
13.5% 13.5
135% 135% 135% 135% Consolidated Gas Com pany..
891 108* July 27 111 Jan. 20
30% 32%
20% 31 v- 20
30% Distilling A Cattle Food!n* Co 58.380, 12 July 31 06% Jau. 3
1.4,428.
30 July 2 9 1 1 4 % Jau. 16
4 4 % 4-5% 41% 4.5% Genera! Electric C o.................
*'•>% «XSS*!.
•* t -S 25 National Cordage Co., n o w ...
2,!I19: 17 Aug. 25 Hl i7 Fob. 10
M *20%
' 125
S.Vv *{24%
Aug. 23 1 1 8 % Jan, 2 0
lOO
122
Do
pref.
00 ' ;:.!% 51%
.................. ,* :s2
2t!% 27% National Lead C o....................
4,730 18% July 27 .42% Jan. 21
28
29%
26%
S
>
48
July 2fl 96 Jan. 20
1,132
7.5
75%
7 «% 77%
Do
pref.
76
7031 2% Aug. Hi, 1 1 % Mar. 34
.5
3 North A m erican C o.................
.8
5
.5% 5%
500
8
AUg. 2Sl 21% Feb. 9
11
'1
111,
11
11%
11% 11%
Oregon Im provement C o.......
1.90.4
8% .Tilly 27 27% Jan. 3
18 Pacfllc M ail..............................
1 «% 19
17% W - f 1.9
26,OO0|
52%
Jau. 18 73% Not . 10
73
78%
Pipe
Line
CcrtiHc.at.cs............
* 7 2 % .......
73
73 .
600,132 Aug. 1290 Apr. 12
171 170 *173% 175
17t 171% Pullman Palace Car Company
6.0110 62 .Tune 20 m i % Jan, 18
71 .................................i 7<>% 70% Silver Bullion Certificates —
500 10% Aug. 10 3 7 % .I an 14
15% 10
*15% 1«% '13% 108 Tennessee Coal A Iron---------........ r.9 July 51 D>2 Jau. ill
Do
pref
751 IT Apr. IT 50% Apr. is
40 United Stales Rubber Co ...
4«
40
40 i to
7 I| '!K a-1 !•<)
l'» i
H . '/II
99
«7>t 88 Western Kuhn, Tele.gv nb
97% 80%
•-A , . ;:■ ... ■.
iv o i i f l i h m ;
. - i ;, *-: .t!,, i,■u ■ jn , i.
19% 20%
20
2%
72
74
51H
119
19%
ISO
82%
Thursday,
N ov. 9.
*15% Y«%
A
to
II
*6% m
♦.These are bid and a-keii, *>o
»
THE CHRONICLE.
800
[V ol . LYII,
N E W Y O R K ST O C K E X C H A N G E P R IC E S ( C o n t itin o il) -m A C T I V E S T O C K S .
Nov. 10.
I n a ct ive Sto c k s .
U Indicates unlisted.
Bid.
Ask.
Range (sales) in 1893.
Lowest.
kNo price F riday; latest price this week.
Bid.
Bid.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
J an.
Mar
Jan.
Jan.
Jan.
Jan.
14% Jan.
2 9 78 Jan.
7*2 Mar.
91 Feb.
14*2 Jan,
5 7e Oct.
28 Apr.
27 Mar.
4 9 Jan.
45
Oct.
1 0 0 M ar.
105 May
163 " M a r .
114 Jan.
60 Feb.
9% Jan.
156 Feb.
42*£ Apr.
179 Feb.
112*2 Jan.
37*2 May
150*8 Mai
14
17
May
J an.
+117
134 Aug.
47
50
113
118
100 Aug.
65*2 Aug.
1 87^
4 June
5b
80 May
9334 Jan.
55 Sept.
72
8 0 June
8
9
5 July
125
« . . . 180 Feb.
28
26 May
71% Aug.
40 Aug.
: 17
9% Aug.
65
70
48 Aug.
25 JaD,
50
70
55 Aug.
92*2 Sept.
77*2 Aug.
50
6 4 M af.
J 19%
14*2 July
6 July
X 10*2
10
6 Aug.
8
6
9
7 Sept.
260
300
160
Jan*
45
55
2
12
15
51
82
f t 20
55
85
124
X
Ask.
SECURITIES.
Bid.
Ask.
Bank of New York.
Manhattan Co..........
Merchants’...............
Mechanics’ ...............
America.....................
Phenix.......................
City........................... .
Tradesmen’s . . . ........
Chemical..................
Merchants’ Exoh’ge
Gallatin National...
B ntchers’& JDrov’rs5
Mechanics’ & Trad’ s
Greenwich
.........
Leather Manufac’rs
Seventh National...
State of New York.
American Exek’ge..
Commerce.................
Broadway.................
Mercantile................
Pacific........................
Republic....................
Chatham...................
People’s.................. .
North America........
Hanover....................
Irving............. ........
Citizens’....................
Nassau.......................
M ark e t* F ulton...
St. Nicholas..............
Shoe & Leather.....
Corn Exchange........
Continental..............
Oriental....... .............
Importers’ & Trad’s
Park...........................
East River....... ........
Fourth National,...
Central N ational___
Second National___
Ninth N ational.....
First National........
Third National........
N .Y . N at. Exchange
Bowery......................
New York County..
German-American. .
Chase National........
•Fifth Avenue...........
German Exchange..
Germania..................
United States..........
Lincoln......................
Garfield......................
Fifth National . . . .
Bank of The Metrop
W est Side..................
Seaboard
........
Sixth National.......
■Western National..
First Nat., Br’klyn.
Southern National..
$
2,(,00,0
2.050.0
2,000,0
2,U00,0
3.000.
1.000.
1,000,0
750.0
300.0
600.0
1,000,0
300.0
400.0
200.0
600,0
300.0
1.200.0
5.000.
5.000.
1.000.
1,000,0
422,7
1,600,0
450.0
3t)0,0
700.0
1,000,0
500.0
600,u
500.0
750.0
500.0
1,000,0
1,000,0
1,000,0
300.0
1.500.0
2,000,0
250.0
3.200.0
2,000,0
300.0
750.0
500.0
1,000,0
300.0
250.0
200.0
760.0
500.0
100.0
200,0
200,0
500.0
300.0
200.0
200,0
300.0
200.0
500.0
200.0
2.100.0
300,0
1,000,0
2.101.4
1.838.5
976.2
2.057.5
2.110.9
0
463.9
0
2.739.0
193.5
7.321.9
177.0
1.584.0
318.9
427.3
182.5
548.5
I t 9.3
548.7
2,449,8
0
3.570.6
0
1.555.6
0
1.134.7
465.5
964.9
953.8
331.1
651.4
1.928.0
345.6
465.6
290.1
822.5
152.7
291.1
1.227.7
294.6
424.0
5.700.8
3.135.6
137,4
2,130,5
543.3
511.0
352.4
7,316,4
140.2
161.3
526.7
670.1
300.8
1,185,71.034.7
616,6
691.8
. 512,4
449.8
500.6
330.6
779.2
286.2
246.5
341.6
220.5
837.7
156.5
$
12.215.0
1 « ,824,0
7.869.4
6.588.0
15.547.7
3.965.0
17.678.2
2.291.1
21.555.0
3.620.5
5.392.1
1.654.6
2.360.0
1.039.9
2.975.9
1.407.9
2.273.6
19.458.0
16.490.7
5.014.1
7.928.8
2.468.6
8.716.4
6.520.0
1.769.6
5.171.8
13.395.7
2.474.0
2.616.7
1.978.5
4.260.0
1.940.1
2.912.0
7.811.8
3.580.9
1.735.0
17.898.0
20.685.3
1,049,7
18.997.5
7.323.0
3.912.0
2.922.0
20.633.6
5.400.0
1.369.1
2.382.0
2.918.1
2.194.1
9.268.6
4.813.2
2.491.7
2.603.6
4.241.6
4.575.6
3.751.5
1.683.5
3.946.3
2,162,0
3.699.0
1.690.0
8.831.2
4.535.0
1.806.2
Specie. Legals. Deposits.
1.730.0
5.099.0
2.331.7
1.934.0
3,368,9
1.044.0
11,591,4
205.9
8.985.0
810,0
1.110.5
187.2
215.0
212,7
480.0
182.3
810.1
3.104.0
2.214.2
1.097.1
1.268.1
328.9
1.605.8
509.5
213.6
613.7
4.268.5
297.6
725.0
567.4
489.0
62,34
82 3,0
1.296.7
1.417.4
176.1
6.488.0
4.796.2
118.1
2.952.7
1.383.0
1.192.0
600.4
2.872.4
1.262.3
78,2
463.0
590.0
642.4
3,690,2
1.053.5
182.8
294.0
1.246.4
572.7
830,6
257.9
723.0
299.0
581.0
198.0
1.614.6
688.0
80,6
$
2.170.0
2.358.0
640.9
1.654.0
2,147,9
337.0
1.597.6
237.6
2,729,2
652.2
860.5
232.0
2 .8 .0
180.7
487.2
185.9
918.6
3.091.0
8.868.6
416,1
1.454.8
362.7
1.349.5
688.7
481.0
754.7
962.1
332.7
225.3
457.6
930.3
396.1
955.0
1.921.0
795.1
432.3
3.709.0
3.056.8
149.2
2.477.7
2.238.0
782.0
643.6
2.946.5
132.2
123.9
277.0
65,3
310.9
1.383.7
622.7
530.5
368.6
757.7
1.068.9
309.2
242.2
625.1
274.0
669.0
125.0
788.1
188,0
273,6
$
11.960.0
15.447.0
8.707.2
6.729.0
17.106.6
3.904.0
26.980.3
2.004.8
26.357.7
4.193.0
4.798.5
1.490.9
2.201.0
1,055,4
2,473,1
1.483.6
2.602.9
16.562.0
18.243.3
4.443.6
7.919.0
2.790.3
9.296.0
5.222.6
2.754.6
5.085.7
14.841.1
2.266.0
3.081.4
2.470.6
4.292.3
2.021.3
3.780.0
8.213.3
5.103.0
1.740.0
21.956.0
24.542.8
869,5
19,290,6
10.423.0
5.002.0
3.473.0
19.317.8
6.681.5
1.053.9
2.627.0
3.120.1
2.306.4
12.513.0
6.606.7
2.852.6
2.996.6
5.477.0
5.279.2
4.589.9
1.746.6
4.708.8
2.274.0
4.276.0
1.332.0
8.899.2
4.284.0
1.382.9
Total.................... 60,922,7) 71,605,1 402,383 ,3 97,116,5 66,750,1 447,"412,6
lO .
SECURITIES.
Bid.
T en n e sse e -6 s, old..........1892-1898
Compromise, 3-4-5-6s........... 1912
5 s .......................... .......................1913
3 s ..................................................1913
96 b!
Virginia funded debt, 2 -3 s ...l 9 9 1
2
Ask,
60
60
60
70
io r
100
100
105
70
6S
52% 5 2 %
6
6s, deferred t’st rec’ts, stamped.
Capital <fc
Loans.
Surplus.
Ba n k s .
Loans.
83%*Feb*
Feb.
May
1 6 % M ay
3*2 Feb*
Nov.
Mar. 20 Feb.
Oct.
13*2 Feb.
Aug. 70*2 Jan,
Aug,
99 Jan,
Nov. 1 5 0 Apr.
7
N e w Y o r k C ity , B o sto n a n d P h ila d e lp h ia B a n k s :
W e o m i t tw o c ip h er s (00) i n all ca ses.
Capital Surplus
82
13*2
1%
12
734
43
51
120
120*4 Feb.
92*2 Feb.
9*4 Apr.
108 Jan.
93 % Jan.
109 Jan.
111*2 Jan.
2 9 % Jan.
185 Mar*
31 Jan.
131 Feb.
71 J an.
26 Jan.
7 4 % Feb.
2 5 Jan.
67 A p r.
1 0 6 % Jan.
1 0 0 78 Jan*
69*2 Jan.
41 Jan.
3 4 % Jan.
1 1 % Jan.
19 Apr.
300 Mar.
t Actual sales.
N e w Y o r k C i t y B a n k S t a t e m e n t fo r th e w e e k e n d in g N o v .
BANKS.
(00s omitted.)
Highest.
May
May
M is c e lla n e o u s S to c k s .
Adams Express.............................. 100
American Bank Note Co IT................
American Express........................100
Am er. Telegraph & Cable..........100
Brunswick Company................... 100
Chic. June. R y. & Stock Y a rd s.100
Preferred.......................................100
Citizens’ Gas of Brooklyn........100
Colorado Fuel & Iron, pref....... 100
Columbus & Hocking Coal........100
Commercial Cable...................... .1 0 0
Consol. Coal of M aryland........ .100
Edison Electric Illuminating.. .1 0 0
Interior Conduit & Ins. Co . . . . . 1 0 0
Laclede G as....................................1 0 0
P referred..................................... 100
Lehigh & Wilkesbarre Coal H ..........
Maryland Coal, p ref..................... 100
Michigan-Peninsular Car C o ...1 0 0
Preferred-..................................... 100
Minnesota Iron.............................. 100
National Linseed Oil Co............. 100
National Starch Mfg. Co............1 0 0
New Central Coal....................... ..1 0 0
Ontario Silver Mining..................100
Pennsylvania Coal....................... 50
P. Lorillard Co. p ref..................... 100
Postal Telegraph—Cable U...............
Pullman Palace Car rights.............
Quicksilver M ining....................... 100
Preferred...................................... 100
Texas Pacific Land Trust___ _ .1 0 0
U. 8. Express..............
100
U. S. Rubber preferred............... 100
Wells, Fargo Express ..........,___100
Alabama—Class A , 4 to 5 . . . ..1 9 0 6
103
98
......... 1893
106
30
98
North Carolina^Bs, old ........... j & j
Class B , 5 s ............................ ..1 9 0 6
Funding act................. ......... 1900
..1 9 0 6
98
10
92
Currency funding 4 s .......... ..1 9 2 0
97
New bonds, J & J ........ 1892 1898
15
Arkansas 6s, fund,Hoi. 1899-1900 120
3
2
do. Non-Holford
8b!
3
2
7s, Arkansas Central R R .
10
Consolidated 4 s .......... ......... 1910
91b!
.1 9 1 4 108
6 s ..................................... ......... 1919 115
New conols. 4 s ..................... .1 9 1 4
95*2 97
Rhode Island—6s, cou. 1 8 93-1894 100
Missouri—Fund............... 1894-1S95 100
South Carolina— 6s. non-fund. 1888
i%
4 , 1 8 9 3 , is as fo llo w s .
Lowest.
14
8
N E W Y O R K S T O C K E X C H A N G E P R I C E S .— S T A T E B O N D S N O V E M B E R
SECURITIES.
Ra?ige (sales) in 1893.
Ask.
Toledo Peoria & W estern...........100
Toledo St. L. & Kansas City U
Virginia Midland....................
100
165*4 Feb.
102*2
41*4
37
863s
65
29%
157*«
9%
24
14*4
32
23
77*2
Nov. 10.
I n a ct ive S tocks .
Indicates unlisted.
Highest.
R a ilr o a d S to c k s.
170
A lban y & Susquehanna..............100 1 6 2
150 Aug.
Belleville & South, 111. pref.......100
Boston & N. Y . A ir Line p re f.. 100
98 " M a y
20
21
19 Aug.
Brooklyn Elevated U................... 100
2 9 78 21*4 Sept.
Buffalo Rochester & Pittsburg. 100
75
70 Sept.
Preferred.......................................100
40
45
July
Burl. Cedar Rapids & Nor......... 100
18is 19*s 1634 July
Central Pacific................... — ...1 0 0
Cleveland & Pittsburg................ 50 148*4
135 July
6*2
4 July
D es Moines & Fort Hodge--------100
7*2
20
40
2 2 Feb.
Preferred.......................................100
7
5*s
5 July
Duluth So. Shore & Atlantic U.1 0 0
15
20
11 July
Preferred H................................... 100
F lin t & Pere Marquette...............100
15*4 17*2 14*4 Sept,
45 Aug.
Preferred...................................... 100
Georgia Pacific Trust ctfstf___ 100
G r. Bay Win. & S t.P . tr.re c— 100
5 “ July
Preferred trust rects............. . 100
11 June
2
3
Houston & Texas Central......... 100
2*4 Aug.
88
Illinois Central leased lines— 100
86 June
K anawha & Michigan..................100
8 *a To"
10 Sept,
Keokuk & Hes Moines...............1 0 0
5 % Oct.
12
10 July
Preferred...................................... 100
9 Aug.
Bouisv. Evansv. & St. L. Cons. 100
Preferred........... ...........................100
47*2 Feb.
Lou. N. A. & C h ic.,preferred.. 100
3938 40
38
Oct.
90
100
100 Mar.
Mahoning Coal.................
50
Preferred...................................... 50 100
105 May
Mexican National..........................100
Morris & E sse x .............................. 50 |151
136 Aug.
N . Y . Lack. & W estern................100
99*4 Aug.
Norfolk & Southern...................... 100
50
5 0 June
Peoria & Eastern...........................100
4*2
3 Aug.
7*2
PittB. Ft. Wayne & Chicago— 100 149*2
140 July
Pitts. & Western p f...................... 50
25 Aug.
Rensselaer & Saratoga................100 165
175
150 Aug.
Rom e W at.& Ogdensburgh___ 100 J110
99*2 Aug.
21*2 30
St. Louis Alton <fc Ter. H aute... 100
20 Aug.
150
150 July
Preferred...................................... 100 135
(% I n d ic a te s a c tu a l s a le s .)
Legals. Deposits, f CircTn Clearings.
Specie.
$
N. Y o r k .”
$
$
$
$
$
$
Oct. 7 - . - . 132.017.5 393,341,8 84,372,7 44.305.0 400.195.9 149400 514,214,2.
“ 1 4 . .. .
“ 2 1 ....
“ 2 8 ....
Nov. 4 —
B o s to n .*
Oct. 2 1 ___
“ 2 8 . ..
Nov. 4 ___
132.017.5
132.017.5
132.017.5
132,527,8
Phi la .*
Oct. 2 1 . . . .
“ 2 8 . .. .
Nov. 4 ___
395.716.0
394.039.7
397.324.8
402,383,3
90.379.4
95.718.5
96.564.5
97.116.5
64,642,9 153.444.0 9,610,0
64.642.8 154.271.0 10,095,c
64.642.9 159.120.0 10,300,0
35.810.3
35.810.3
35.810.3
99.950.0
99.853.0
99.472.0
46,630,7
52.344.0
60,538,4
63.750.1
412,456,2
431.686.9
433,261,7
417,412,6
481,649,2
504.930.0
515.371.9
617.188.9
7.671.0 136.252.0 9.355.0 77.100.8
7.704.0 133.539.0 9.315.0 79,832,88.612.0 148.507.0 9.317.0 109.797.1
93,«21,0 5.834.0
93.703.0 5.912.0
94.440.0 6.075.0
29.0 63.0
29,4 86.0
28.1 24,0
* TP6 omit \wo cipher8 in all these figures,
delphia, the item “ due to other banks.”
149568
146905
146108
144099
59.833.8
57.991.4
6 0 .4 6 3 .4
t Including, for Boston and Phil
M i s c e lla n e o u s a n d U n l i s t e d B o n d s .— S to c k E x . p rice s.
M iscellaneous Bonds.
Ch, Jun.&S. Yds,—Col.t.g ,5*Colorado Fuel—Gen. 6s..........
Col. & Hock. Coal & I .- 6 s , g.
Consol’n Coal—Convert. 0s Cons.Gaa Co..Chic.—1stgu 5s
Denv.C. Wat.Wks.—Gen.g. s
Dot. Gas con. 1st 5a................
East River Gas 1st g. 5s........
Edison Elec. 111. Co.—1st 5s .
Equitable G. & F.—1st 6a__
Henderson Bridge—1st g. 6s.
Hoboken Land & Imp.—g. 5t
Micli.-Penin, Car 1 s t'5s, g __
Mutual Union Toleg.—6s g .
National Starch Mfg.—1st6s
Northwestern Telegraph—7s
Peoria Water Co.—6s, g ........
N o t e . —'“ b”
indicates price
* 92 a.
100 b.
81*ab.
43 b.
87
104 ^b.
107 b.
M isce lla n e ou s Bonds*
People’ s Gas *fe C .) 1st g. 6s.
Co., Chicago___$ 2d g. 6s.
Pleas. Valley Coal—1st g. 6s.
Procter <fc Gamble—1st g. 6s
Sunday Creek Coal 1st g 6s..
Western Union Teleg.— <, .
Wheel.L.E&P.Coal—1st g bo
U n listed Bonds.
Ala. & Vicka.—Consol. 5s, g.
Vicks. & Merid.lscGs —
Amer. Deo. Co. col. tr. 5s ...
Comstock Tunnel—Inc. 4 s ..
Geo. Pac—1st 6s g. ctfs........
100
100
....... .
115 a*
70 a,
.......
92% a*
5 0.
92 b*
105 "h,
Consol. 5s, g. ctfs........
85 b.
i ncome 5s. ctfs.....................
105 ...
95 a. Mem.&Charlestou—Con. 7 g
h id
; “ a ” price
asked.
b„
b.
34
10
b.
l>*.
* Latest price this week
B a n k S t o c k L i s t . - -L a te s t p rice s o f b a n k sto c k s th is w e e k ,
BANKS.
Bid.
Ask.
185
145
195
150
210
175
122
25(3
4000 4800
425
160
172
180
260
290
145
2000
2500
First N„, a r. 112 120
14th Street..
Fourth.— .. 200 207
BANKS.
Bid.
Ask.)
300
Garfield.........
German Am . 115 ........
German E x .. . . . . .
.....
Germania.,.. 300
160
300 350
Im. & Trad’s’ 570
145
200
600
160
240
Manhattan.. 170
190
210
BANKS.
N .Y . Co’nty
N .Y . Nat
Ninth. .......
19th Ward..
N. America.
Oriental —
People’ s ___
Bid.
110
113
140
150
220
175
280
As k
tn 640
....
120
....... a
180
250
305
118
Republic,... 155
Seaboard. . . 173
300
Seventh___ J.25
1Mechanics’ .. 165
Shoe& Le’th 115
160 180
St. Nicholas. .......
jMercantile.. 200 240
Southern... 50
140 150
Stateof N.Y. 104
Merck’ts Ex. 110 130
475
Third.......... ......
Mt. Morris.. ......... ....... Tradesm’n’s
. . . . . Un’d States - •■. . .
Murray Hill
Western .. . 100
Nassau.......... 155 180
West Side - .....
New Y ork ... 220 240
170
........
.....
.....
100%
L15
....a
100
120
112
— •»
TH E
N o vem ber 11,1893.]
C H R O N IC L E ,
80 L
B O ST O N , P H IL A D E L P H IA A N D B A L T 1M 0K E STO CK E X C H A N G E S .
19% 20% 19% 19"«
*2% 2% *
72%
123
125
111
111
17
17
17
17
202% 202% 202 202%
*182
“
153% 153% 153 153%
“
•15
‘ 15
16%
“
54
*50
52
52
“
81% 82=%
“
100 82% 82%
64% 65% 63% 64%
(PhU.J.lOO
Boston & L o w d l
B oston A Maine
CVntrai o f Mass.
Preferred
Cu'.c. Bar.& Quin.
Cine, MU. A St. P,
Chic. A W. Mich. (B oston). 100
C lew . A Canton
“
100 **S2ia
*3
•*
100
! Preferred___
81% 82
Fitchburg pref.
“
100
35
50
40% 41
*105
97
97%
6%
32% 33%
65
e»
68
7% 7%
*22
23
177 177
f0*§ 50%
*25
25%
10*, a 10%
81
SI
35
Preferred
“
£0
Lehigh Valley
•<
50
Maine Central rB oston).100
Metropolitan Tree.' Phil) , to o
Mexican Ceal'l ( .Motiony. 100
K. Y. A I f. Eng.
*• 100
P re fe rre d ....
"
100
Northern Centra! (S a lt.). 50
Northern Pautao (Philo.
Preferred
14
014 C o lo n y .... (B oston).100
PetsntylTiMiia,. (P hilo.) . 50
FhlUd,-!. A Erie.
*•
50
Philo. A Bead lag
"
Philadelphia Trap.
50
BahUhtf Branch (B oston). 50
Union Pacific
••
100
United C o*.ofH .J.fP A «o.r 100
Wedere.S'.Y.&Pa/'I'Aifo.j.lQO
.V lta c e iia n e o u e S t o c k * .
A tn-.8og*rBelUMJ (B oston)___
P r e fe r r e d ......
«
Bell T eleph one..
«•
100
B est A Montana
"
25
Btrtto A Boston*.
25
1
25
*17% 17%
225 225
4% 4%
*■32*3
*3
3%
81% 82
*34%
50
39% 40%
*104 108
97% 97%
t.%
6%
31% 33
•65
67
•
CH
7% 7%
22
22
177 177
50% 50%
•25
9% 104,8
81
81
*6
17% Tv %
•221%
*4
4%
Tuesday,
ISo r . 7.
*
•
j
;
»
*
*
*
i
j
4
J
*
*
*
t
S
o
r
w
>
pi
*
*
Wednesday, Thursday,
Nov. 9.
Nov. 8.
Friday,
Not. 10.
Sales
of the
Week,
Shares.
Range of sales In 1893.
low est.
:
*
97% 102
08% 102% 98% 99% 48,100 62 July
96%
97
99% 95
*
89
91
91% 91% 92% 92% 0L
90
80
001 66% July
90
j
190 190*1! 189^ 190
186% 192
188% 189
192 192
498 166 July
*
24% 24% 24
24% 25% 24% 25% 24% 25%
24
2,776 15 July
*
3
8%
8%
8%
2,075
7% 8%
5 July
8
6
7<% 7%
2S0 £80
280 . . . . .. 2B2 2E2
280 280
12 247 July
j
*io
72%]
*52 H 60
62% OH.
*
60^ 60% 60** r'o%
60 % b o's
60% « i
01
61
418 50 J uiy
Consolidated Cas
"
•42
42% 42% 42% __
12 V 43
40 36% Ann.
42% •13
Erie Telephone (B oston).
45
45% 46% 4.5
4MH
45%
2,624 33 J uiy
• 45% 45% 44% it-%
General Etaatric.. *•
X
•78 ........
80
80
80
. . . . . . ......
80
67 44 A
Preferred........... «
73
73
%
•16%
*16% 16% ____ . . . . . .
*10%
12% J un
Latitson Store Ser. “
5i», 51% 51
51% 51% 51%
" 9 4 8 to % Aus.
Lelsl’ h coal AN' a y . 'P h il.,
52% 52% |!50% 52%
J:
*53
55
53
*53
55
......
12 47% Aug.
55
53
*53
5% 5%: *5% 5^8
7-50
5
5
5
2% A uk.
5% 5%
5*e
*»
12% 14
*13% 14
•13%........
53
9% Juiy
W ertU nd L and .. (B otC n)___ *13% 11
:
no sale wa* made.
i Lowest is »ix dividend.
|
inactive Stocks.
Bid.
Ask.
Highest.
19% 20% 18% 20% 18% 1918 11,004 12% July 26 36% Jan.
135
2% 2%
2%
2*8
Aug. 11
4% Jan.
*70
72
* ....... 72% 71
71
60
July 31 97% Jan.
•120 125
*........ 125
4 .......125
125 Sept. 13 135 Feb.
'110 115
*........I l l
*........I l l
......... 110
Aug. 29 122 Jan.
17
17
16% 16%
1,614 16% Aug. 1 29% Jan.
16% 17
202% 203
203 203
202% 203
73;195 July 26 ^227 Feb.
182% 183 *182 . . . . . .
18 170 May 10 200 Feb.
152 152
193X30 A u g . 1 178 Jan.
152 153
___
___
15
15
15
15
35 10% July 27 22% Feb.
•51
54
100 46 Jan. 3 62% Feb.
*51
54
82% 83% 81% 82% 81% 82% 17,552 69% July 26 103% Jan.
64% 65% 63% 64% 26,030 46*4 July 26 83% Jan.
64% 66
26 >3 July 27 49% Feb,
14j 1%
25 500. Sept. HI 6 Feb.
,:'75
*3 . . . . . .
*3 . . . . . .
2% S ep t-16 19% Feb.
79
80k
118 69 July 31 95 Feb.
110 29 July 31 40% Jan.
*34%........
34k 31k •34%
50% 50% 50
50
50
50
102 48 Aug. 10 56 Jan.
41% 13
4,365 29% A u g. 8 62 Jan.
40% 42
41% 42%
130 103% X o v. 9 ISO Feb.
*105 . . . . . . *103% 104%
99
99% io o 1 0 0 % 9»"s 100
4.246 69 Aug. 1 150% Jan.
6%
7
7
7
7
6%
1,745
5 June 29 13 Jan.
32% 33 \ 3UU 33% 28% 31
13,405 17 Julv 31 52 Jan.
*60
09
*64
65
54 44 July 19 102 Jan.
*........ 68
*07
6S
66% July 26 70% Jan.
1,823
7% 7%
7% 7%
7% 7%
3% Aug. 18 18% Feb.
*22% 22% 2 2 k 22 H 21*3 21%
050 15% Aug. 15 50% Feb.
179 165 Atur. 22 221 Feb.
177 177
170% 17ft
2,871 40% July 26 55% Jan.
50% 50% 50*3 50% 50% 50%
•25
26
25%
•25
23
*25
20 Sent, 39 35 Jan.
io%* io% 10t,* 10V, 101,^1011,8 30,551 B * July 27 267s Jan.
82
1,207 58 A u g. 1 142% Feb.
80% 80% 62
S1t8 82
......
•6% 7
5 July 11
'6 % ........
9 % A nr.
•17% 17% 17% 17% 17% 17 V 1,050 15% July 26 42% Jan,
137 216 Aug. 30 232% .Mar
223% 225%
225 225% 225 223
4%
4% *4
4%
30 3% July 25
*4
4%
7% Jan.
tw
Monday,
Nov. 6.
w
Atlantic A Pae.
Baltimore A Ohi
1st preferred
24 preferred
E f* S h a re P r ic e * — n o t P e r C e n tu m P r ic e * .
Saturday,
Nov. 4.
4
o&i
Active Stocks.
I Indicates unlisted.
Inactive stocks.
Bid. ! A sk.
B on ds,
1 3 4 % Feb.
104% Jan.
212 Jan.
34% Jan.
12 J an.
320 Jan.
72% Jan.
65 Apr.
50% Jan.
114% Jan.
119 J an.
16
14
27
13
18
24
6
6
26
14
14
21
23
3
3
3
6
13
9
27
6
28
16
17
IS
23
6
6
6
27
16
2
8
12
27
13
24
6
19
27
16
17
21
18
10
16
16
18
26% Feb. 20
51% Feb. 2
6 1 % ,Tats. 20
11% Jau. 23
18 Jan. 4
Bi(L 'Ask.
Perkiomen, 1st aer.,59.1913, Q -J
Brices o f November 1 0 ,
At.Top.A9. P. 101 -1-;. r. 4 g .,i»8 9 , J AJ
70 ,Phila.AK rtegea. M .6g.,1920, AAO
86
A tlanta as Charlotte .i.uo.l.lO O
Gen. Iiuirt., 4 g .......... 1920, AAO
37%
2d2%
-l*.sf-,
Cl.!
V..1939,
A
AO
B oston A Providence tBort«»).100
70% 7050
Boston L ulled Gas 1st 5s...............
.Phlla A Rend, new 4 g „ 19 5 8 ,.L U
Camden A A tantto pf, {1 ' h t l a 50
2d inert, 5s........................1 9 3 9
34%
*• 50:
le t prof. Income, 5 g, 1958, Feb 1 34
Catawtsea,.....................
2d prof, tuootuc, ft g , 1958, Fob. 1 23% 24
Burl. A Mo. River B x en p t 8 »,JA J
1 st preferred.........
"
50
18%
19
•
3d
nref.
Ineotuc,
5
g,
1058.
Fab.
1
Non-exempt
6
#
,........
1918,
J
AJ!
"
so
Sd p referred .........
2d, 78................
Plait, 4 . . . .......... ........ 1910.JAJ ,
.1893, AAO
Central Ohio............ . {Ball.). 30
******
i
i
a
*
Chic.
Burl.
A
Xor.
1st
5,1920,
A
AO
,
.......
101
;
Consol,
m
ort.
7
s.........1911,
JAD
Cnarl, C ot A Angurta
“
100
Connecticut A f'B-ia. (Horton). 100 '1 2 0 % ----M m o r t . e s ..............,1918, JAU v 9 » 100
j Consol, m ort. 6 g .........1 9 11,JAD 115%
%
Iruprovoment-M. 6 g., 1897, AAO
! Debenture 6 s ............. 1896, J,CD J 98 1 0 0
Connecticut H ire r...
••
1 0 0 (2 1 6 2 8 8
99%
- m\ .......... ...... I’ Con. M.,5 g..9tnmpeil,1922,MA-N
DsUware A B eond Br.fPAila.1.100
45
Iow
a
Division
4
s
.....1
9
1
9
,
AAO
>*
8
T%
91
55
Phil. Read. A X. E. 4 s ............1942
Flint A Peru M arij... (Norton).100
: Income*, scries a . ................ 1952
; 80
43
48 iQUe-AWYMlch. K-a. 58,1921, J& D i't
lo o
P referred........ .......
Consol.
o
f
Vermont,
5s.
1913,
J
A
J
,,
<
93
B
-■i . , .
Incom es, sonca B..................1952
81
Current River, 1st, 5 s.,1927, AAO ) x....... 80
Phil. ffUm. A B a it, 48.1917, AAO
K »a. C y F t B. AM em. {Boston) .100
%
P referred.................
Dot. L in e,A X or'n M. 7S.10O7, JAJ t . . . 90 : Pitta. C. A St. L . 7s---- 1900, KAA u a
•*
100
IV koepsle Bridge, 0 g,193G, F&A
i- ».;-.n i ter ti.r-rt 6 *..,1006, M K6 I d la . . . . .
K . City Mem. A Uirui.
“
100
....... I....... ::8 chuyi:K.E.Slde,T«t 6 g.1935, JAD .100% 107
62 , 64% f reeJKUt, A M.V.,1 st, 68.1933, AAO
Little Schuylkill....... (P hilo.). 50
U nstainpedlrt, 6 s. ...1 9 3 3 , AAO •1U S % ......
M tauheater A L a w .. (Boston).100'
8touben.AIud.,lstm .,5a. 1914, JAJ 103
%
M upland Central—
(Balt.) 50
K.C. C.A Sprit. g..l»t,5g,1925,A AO .-.*<%%
1 United N .J ., 6 g . . ......... 1894, AAO
Mine H ill A a. Haver. (PAUa.). 50, 65
K C. F . 8 . A M .'c o n .Os, 1928, MAN ; 82
Warren A F rank.,l»t,7s,1896,F&A 104 .........
M eenuehon tug V a l... .
*'
50- 54
K.C. Mem. A Blr.,1st,58,1927. MAS
Northern K. H........ . (B-ufon). 1 0 0
K.C. 81, Jo- A C. B-, 7 s ..1907, JAJly*....... 114%
A ju ^ t e fr ffir iQ O T .J A J
113% 115
L R ock A Ft. 8 ., lSt.7S -.I905, JA.I § ........
North Pennsylvania. (Philo.). DO " s i %
Incom e 6 s ................... 1900, AAO 90
95
Oregon Short L in e ...fBoston).lOOj
7%
7% Louis.,Ev.ASt.L, 1st,6g.lD26,AAO >t....... 104
93%i
Pennsylvania & X. W . tPAite.) 60
Baltimore Bolt, 1st, 58.1990, M AX
2 iu .,5 — 6 ft........ ........1936, AAO
46
04% 96
Max. li. A Out., 6 «...... 1925. AAO ,1100
Baltimore A Ohio 4g ., 1935, AAO
B a t u m i....................... (Boston). 1 0 0 .Pitts, A Conn., 5 g — 1925, FAA
Preferred...............
lOO
Mexican C entral,4 g . . . 1011, j a j :5 4 «
43%
StateD Island, 2d, 5 g.1926, J&J
Seaboard A K oum .se. (Balt.) l o o
; 1 st con - 1 .im iiues,3g,non-ctun.
J
f.
.
.
.
Bal.AOhlo
8.W .,lSt,4% g.l990, J&J 104
2d
consol,
lac-iiues,
3s,
non-emu.
1 st p r e f e r r e d ........
*•
10 0 ;
- -i »ra
West E n d .................. .(Norton). 50; 59% CO X. Y. A N.Eug,, 1st, 78,1905, JA J- ,113 113% C aneF.AYad.,8er.A.,6g.l916, JAD
90
107%
1
0
7
%
P referred.................
“
50
Istm
o
rt.
Cs.................1905,
J&J
85
Series B., 6 g . _ ........... 1916, JAD
8 1 % .......
W est J e r s e y ........... . {Philo.). 50
64 ■ 55 , S dm ort. 6 b................1902, FA A 110 0 1 0 2
Beric* Cl, 6 g ................1916, JAD ......... 85
W est Jersey A Allan,
•'
50
Ogden. A L .C .,C ou.6»...19Zv,A AO 1103 I....... Cent. Ohio, 4% g ............ 1930, MAS
Western M aryland..
(B ali.). 60
Chari. Col.&Aug. 1st 7 ». 1895, J&J
99%
: Inc. 6 s ................. ...................1920
90
WUm. Cut A Augusta
“
10 0
Ga. Car. A Nor. 1st 5 g ..l9 2 9 . J&J
110 . Ru Hand, 1st, 6 --........... 1902,MAN) 1 0 8 %;
t ........- 99
North. Cent. 6 a................ 1900, J&J 109%
W U m lngfo A Weldon
“
10 0
2d, 5s...........................1898 ,FAA
6 s.................................... 1904, J&J
Wisconsin C entral... {B oston). 1 0 0
%
P re fe rr e d ..............
•*
loo
Series A , 5 b...................1926, JAJ 107% 107%,
105%;106
4 % a ............................... 1025, AAO
Worc'st-Xash.AKoi b.
“
100
._
lnm
94%
Piedtn.& C um .,lat, 5 g.1911, F&A
Belrkifita Del,, 1st, 6 a. .1902, JAD
siRCKnuasaotrs.
109
V
J&J 108
ABott** M in in g .------ {Boston). 25 •35
Catswlsea, M .,7 s .........1900, FAA
Virginia Mid., 1st 6 s. ..1 906, MAS 107
A tlantic Min io r .........
*•
25
9
9% Ck-arlieM A Jeff., 1st, 6 b. 1927, JA.I 115
107
City Passenger i !K .. . (Balt.). 26
COSnecUng, 6 a........ 1900-04, MAS
2d Series, 6 8 ............................1911MAS
3d Series, 6 s ..........................1916,MAS
B a y S U t e G a s .............. iN o r to n ). ' '
s%; «% D e t A B 'd B r ’k, 1st, 78.1905, F&A
124
104%
4th
Series,
3-4-58.....1
9
2
1
,
MAS
Boston Laud.
3 %:
3 %; !Easton A Am. IstM. ,5s.1920, M AN
n
5th Series, 5 s ........................1926,MAS
95
98
CsaWnulsi M Jnlne...
"
10
3
3% Elmir. A W llm ., 1st, 68.1910, JA J. 114
West Va G .« P . let, 6 g. 1911, JAJ 104 105
P O «5V »5!if-EIC«:U».7
11 w it. A B P d To p. C on.5s.'95,A AO
"
25
84
105
Wect'E. N.C. Consol, 6 g .I9 1 4 , JA J
Franklin M in in g .....
11
"
25
11% Lehigh Nav. 4% s ............1914, o - J
Frenchnt’r.’s Bay L'ud
2d 6s, g old .................. 1897, JAU 107 108
Wllm. Col. A Aug., 6 8 -1 9 1 0 , JA D
MlBOBIAANKOtrs,
Illinois Steel ............
General s o r t . -*%«, g .l 9 2 4 ,Q - p
"
100
Baltimore—City Hall 6 s . 190 0,Q - J
K esrsaree M in in s ....
Lehigh Valley, 1st O s...1898, JAD 109
6% i
**
26
Morris Cans!
guar. 4_ . (P h ils,).100
FundingSs................. ,1900. Q—J
2d 7 *........
1910, MAS 12.3 %
—
Wont Maryi’c r.R . 6 s ..1902, JAJ i i 6
10.
100
„ Preferred guar. 10«"
100
1923, JAU 125
380 ! Consol. 6 ..............
114 114%
Water 5 s ............................... 1910,MAN
Oiepola Mining....... ..(B o tlo n .). 25
2 9 % North Penn. 1st, 7 s . . . . 1890, MAN 103
29
Pallinan Palace C ar..
<*
100 173 175
Funding 58............
1916,M AX
Gen. M. 7 s................... 1903, JAJ 124
98
98%
. E xchange 3 ',).•<.......... .1930, J&J
Gainey M ining,_____
«
25 105
if j Pennsylvania gen. 6 a, r..l9 1 0 , Vnr 123%
63
04
Tan.-ar.vk M in in g ....
44
2 5 ; 184
Virginia (State) 3s, new . 1932, J AJ
............1005, Vcr 116
136 1 Consol. 6 s, 0
|Chesapeake Gas, 6 s........1000, JAD 105
%
D otted Oas I nipt,
(PhU.)...........■ 59
%
W ater Pow er....... ....iB o sb n n .U K) t ......... " T %
Consol. Gas, 6 s .. . ... ....1 9 1 0 , JAD 109%
Cnllat. Tr. 4% g .......... 1913, JAl>
99
I 5 8 .................... ..............1039, J&.7
4 7 % Pa. A X. Y. Canal,7 a ... 1906,JAD
W eerHng.Klce.lstpM fJBodoo). 50
t7
105
107%
A-s«en)iri,-________
60 I 28% 26 %! Pa. A N. Y. Ca.. wn. 5a.l939. AAO 105
Enulteble G aa.fte------- HU«-
100
101 102
100
112
101 ___ ,
100
♦8
88 100
110
6
112
112
122
101
100
10
Unlisted,
5And uicniui Interes',
111
_
120
110
1 Last price this We«K»
110 86
110
100
THE CHRONICLE.
802
NEW
EU il b o a d
Y O R K STO CK E X C H A N G E
and
P R I C E S ( C o n t in u e d . A C T I V E
Closing Range (sales) in 1893.
M iscel . B onds . Jntev’st P r i c e --------------------------------------Period. Nov. 10
Highest.
Lowest.
Am er. Cotton Oil, deb., 8 g.1900 Q— F 110%
At.Top.&S.F.—1 0 0 -y r.,4 g -1 9 8 9 J & J 70*4
2d 3-4a, g., Cl. “ A ” .......... 1989 A & O 37
100-year in c o m e ,5 g ...—1989 Sept
58 b
A tl. <fc Pam—Guar, 4 g . . . . l 9 3 7
7. a
W .D . in c .,0 8 ....................... 1910 _ <fc J
Brookl’n E.evat’ d l s t ,6 ,g -1 9 2 4 A & O 108
U an. South.—1st, 5 s ......... 1908 J & J 107
2 d ,5 s ......................................1913 M & 6 100
C ent.G a.—S.& W . lstc o n .5 8 ,’29
Central of N. J.—Cone.,7 b. 1899 Q - J ' *111 b
Consol., 7 s ...........................1902 M & N 115 b
General mortgage, 5 g ..l 9 8 7 J & J 109
Leh. & W .B ., con. ,7 s, asyd. 1900 Q—M 108*4
do. mortgage, 5 s..........1912 M & N 94
A m . Dock & Im p.. 5 s ___ 1921 J & J 108 b
Central Paoiflc— Gold, 6 s .. 1898 J & J 1 0 6
C lie s.& O h io—M ort.,6 g ..l 9 1 1 A & O 113 b.
1st consol.,5 g ....................1939 M & N 102%
Gen. 4% s, g ......................... 1992 M & 8 75%
R .& A .D iv.,1st com,2-4 g. 1989 J <fe J 83
& J *8 2 a.
do 2d con., 4 g . . . 1989
Eliz.Lex.&BtgSan.—5 g .1 90 2 M & 8 96 b.
Chic. Burl.
Q.—C o n .,7s. 1903 - & J 119%b.
D ebenture,5s..................... 1913 M & N *97*4 b.
Convertible 5s................ ..1 9 0 3 M <fc 8 101*4
Denver Division, 4 s ........1922 F & A 87 b,
Nebraska Extension, 4s .1927 M & N 84%
Chic. & E. 111.—1st,s .f.,6 s . 1907 J & D 112 b,
Consol.. 6 g ...........................1934 A & O 117 b,
General consol. 1 s t ,5 s .. 1937 M & N 97^8
Chicago&Erie—1st, 5 g . ..l 9 8 2 M & N 91*3
Income, 5 s..............
1982 Oot’b’r *4 0 a.
Ohio. Gas L. & C .—1st, 5 g . 1937 J & J 85
& J 123 b.
Ohio. Mil. & St.P .—C o n .7 e .l90 5
1 s t ,Southwest Div., 6 8.1909 _ & J 114
1st, So. Min. D iv ., 6 8 ___ 1910 J & J 113 b.
lst.Ch.& Pao.W .D iv., 58.1921 J & J 109*2
& J 102
Chic. &M o. Riv. Div., 5 s. 1926
& J* 105*sb.
Wis. & Miun. D iv., 5 g ..l9 2 1
Terminal, 5 g ................... .1 9 1 4 J & J 105 b.
Gen. M ., 4 g ., series A . ..1 9 8 9 J & J 94*3a.
M il.& Nor.— le t,o o n ., 6 s.l9 1 3 J & D lll* 2 b .
136 b.
Chic. &N. W .—Consol., 7s -.1 9 1 5 Q - F
Coupon, gold, 7 s ................1902 J & D 123
Sinking fund, 6 s ................1929 A & O* 112*sb.
Sinking fund, 5 s ................1929 A & O 107
Sinking fund debeim 5 s .1933 M & N 103%b.
25-year debenture,5 . . . 1909 M A N 102*4
Extension, 4 s .....................1926 F <fc A 95 b.
Chic. Peo. <feSt. Louis—5 g . 1928 M <fc S 95 a.
Chic. R .I. &Pao.—6s, coup. 1917 J & J 125
Extension and c o l.,5 s ... 1934 J A J 98*3
30-year debent. 5s........... 1921 M & 8 92 b,
Chic. St. P. M. & 0 .—6 s ....1 9 3 0 J & D 121 b,
Cleveland <fe Canton—5 .. .1 9 1 J & J 86 a,
G. C. C. & I.—Consol., 7 g .1 9 1 4 J & U 118 b,
_ A
_ J
_ 115 b,
General consol., 6 g ........1934 J
O.C.C.&St.L.—P eo.& E. 4s .1 9 4 0 A & O 68
Inoorne, 4 s ...........................1990 April. 18 b
Col. Coal <feIron— 6 g ..........1900 F & A 93 b
OoLMidland—C o n .,4 g . ..l 9 4 0 F & A 4L
Col. H. Yal. &ToL—Con.,5 g . 19 3 1 M & 8 89
General, 6 g ......................... 1904 J & D 94 a
Denver & Rio G .—1st, 7 g. 1900 M & N ___
la toousol., 4 g ................... 1936 J & J 74 b
D e t.B . City <feAlpena—6 g. 1913 J & J .............
Det. Mao. & M. —L ’dgr ants. 19 11 A & O 25 b.
D uL So. Sh. & A tl.—5 g . . . . 1937 J & J 97%b
E .T en n .Y & G .—Con., 5 g . 1956 M & N 85
Knoxville & Ohio, 6 g ..,1 9 2 5 J & J 90 b.
F t. W . & D en v . City— 6 g . . 1921 J & D 72 a.
G a L H .& 8 ,A n .-M .& P .D .l8 t,5 g. M A N 90*4
H an. & St. J ob.—Cons., 6 s .1911 M A 8 115 b.
H ous.& Tex.C.—Gen. 4s, g. 1921 A A 0 58 b.
Illinois Central—4 g ............1952 A A O 99 b.
in t. & Gt. No.—1st, 6 g . ... l 9 1 9 M A N 110
2d 4*3-58.............................1909 M A 8 62 %b.
Iow a Central—1st, 5 g ........ 1938 J A L> 84%b.
Kentucky Central—4 g ___ 1987 J A J 82%b.
K in gs Co. E l.—1st, 5 g ___ 1925 J A .1 82 b.
Laclede Gas—1st, 5 g ..........1919 Q - i'
81%
Lake Erie & W est.—5 g ___ I 9 t ^ J A j 109 b.
L. Shore—Con. cp., 1 s t,7 s . 1900 J A J 117 b.
Consol, coup.,2 d ,7 s........1903 J A D 122 b.
L o n g Isl’d—1st, con., 5 g .. 1931 Q—J 113 b.
General mortgage, 4 g ..l 5 3 8 j A D 95
Louis. <fc Nash.—Cons., 7 s. 1898 A A 0 108
N.O . & M ob. l s t , 6 g ........1930 J A J 118 b.
do.
2d, 6 g ......... 1930 J A j *104 a.
General, 6 g ......................... 1930 J A D 112 b.
Unified, 4 g ......................... 1940 J A J 751. b.
Nash.Fl.&Sh.—1st gtd.5 g.’37 F A A 100 a.
Louis. N .A . &Ch.—1st, 6 s . 1910 J A J 103 b.
Consol., 6 g ......................... 1916 A A 0 98%
Louis. St, L. & Texas—6 g. 1917 F A A 47%b.
M etro. Elevated— 1st, 6 g . 1908 J A J 119
2d , 6 s ....................................1899 M A N 105% b.
M ich. Cent.—1 s t,con., 7 s .. 1902 M A N 119 b.
Consol., 5 b ......................... 1902 M A N 106 b.
M il .Lake Sh. & W .—1 st,6 g . 1921 M A N 123%b.
Exten. & I m p .,5 g ......... 1929 F A A 105
M . K . & T .—1st 4s, g ..........1990 J A D 7 9 %
2d, 4 s ,g ........................... ..1 9 9 0 F A A 44%
M o, Pacific—1st, con., 6 g .1 9 2 0 M A N 100 a.
3d, 7 s .................................. 1906 M A N 101 b.
Pac. of M o.—1st, e x .,4 g . 1938 F A. . .A. ." .9.7 a.
101
63 %
29
50
50
5
100
99
93%
135*4
110%
Aug.
July
July
May
Aug.
May
Aug.
July
Sept.
Aug.
Aug.
May
hr
102
Aug.
100 Sept.
90 July
100 Aug.
101% Aug.
110 Sept.
90 Aug.
61 % Aug.
70
Aug.
68 Aug.
Sept.
88
108% July
83 Aug.
89 % July
87 % Sept.
79 % Aug.
108 Aug.
115 Oct.
93 % Allg.
87 July
20 July
70 % Aug.
119 Aug.
AUg.
105
106 Aug.
103 Aug.
AUg.
97
98 July
July
98
86 July
105 Aug.
120 Sept.
117 July
109 July
100 Aug.
103% Nov.
100 Jane
AUg.
90
Aug.
93
114 July
88 July
Sepc.
88
Aug
no
86% June
119 May
115 Aug.
Aug.
58
12
Aug.
92
Oct.
S3 Aug.
74
AUg.
82 % Aug.
112 July
July
71
60 Sept.
20 June
90 July
80
Oet.
92 % Aug.
66 Aug.
90 Nov.
108 AUg.
Aug.
59
9 9 % Aug.
100 July
50 July
72 July
80 Aug.
SI
Nov.
Aug.
70
106% Aug.
113 July
114 Aug.
Aug.
111
90 July
106 Aug.
AUg.
no
100 July
107 July
July
75
95
Aug.
100 Sept.
82% Aug.
62
Oct.
1 0 8 % Aug.
100 July
113
Aug.
Aug.
100
July
lib
97 % Aug.
69 Aug.
27 % July
86 Oct.
Aug.
100
93
Aug.
_ ______
114*3 Jan.
83 78 Feb.
57*8 Jan.
57 Jan.
71*4 Jan.
11*3 Jan.
120*8 Mar.
107*3 Feb.
103*3 Jan.
70*4 Jan.
116 Mar.
122 Feb.
112*3 Apr.
110 Jan.
100 Apr.
109% Feb.
109*8 Jan.
118 Feb.
106 Feb.
85% Feb.
83 Nov.
80 Feb.
101 Feb.
121*3 Apr.
102% Jan.
108*4 Jan.
94% Jan.
8 8 78 Jan.
116 Apr
123*8 Mar
103 Apr
103*3 Feb.
4 4 % Jan.
92*4 Feb.
129 Apr.
114% Apr.
116*3 Feb.
112 May
105 Apr.
108 Apr.
109 June
95 Apr.
115 Feb.
138 Jan.
123 Mar.
115 Feb.
109 Jan.
112 Feb.
106*4 Mar.
98 Jan.
100 Mar.
125 Jan.
1 0 1 7s Feb.
97*3 Feb.
123 Mar.
92*3 Apr.
119 May
122*3 Feb.
79 Jan.
26% Jan.
106 Jan.
67 Jan.
94*3 Jan.
99 Apr.
119
Apr.
88 *3 Feb.
7 4 Jan.
4 0 Jan.
103 Apr.
94 Apr.
104*3 Feb.
101
Apr.
9 7 % Feb.
117*3 Feb.
70 Jan.
105 Mar.
113 Apr.
72 % Feb.
90 Feb.
87
Apr.
103*3 Feb.
87*3 Jam
113 Feb.
119 Jan.
123*3 Oct.
116*3 Feb.
96 Jan.
113 Jan.
123*8 Apr.
110 Feb.
1938 Apr.
83*3 Feb.
101 Mar.
111 Jan.
109 Jan.
9830 Jan.
119 Nov.
108*3 Feb.
123*3 Oct.
106% Apr.
127*3 Jan.
109*4 Jan.
8 2 % Feb.
50*3 Jan.
113 Mar.
115*8 Apr.
____
102
Jan.
R a il r o a d
!fV ou l v i i .
BONDS NOV. 1 0 , A N D FOR
an d
YEAR 1893.
IOlos’ng Range (sales) in 1 8 9 3 .
M iscel . B onds . Inter*st\ Price
Lowest.
Highest.
Period. Nov. 10
Pac.of Mo.— 2d exten. 5s. 193* J & J 103 a. 103*3 July
Mobile <fe Ohio—New, 6 g ..!9 2 7 | J & D 112 b. 108 Sept.
General mortgage, 4 s . . .1 938 M & 81 57*3b. 4 4 July
Nash. Ch. & 8t.L .—1st, 78.1913 J & J 125 b. 117 Aug.
Com, 5 g ..............................1928 A & OilOO
100 Nov.
N .Y . Cent.—Debt E x t., 4 s .1 905 M & N 100
97 Aug.
1st, coupon, 7 s ................ ..1 9 0 3 J & Jj 124 b. 116 July
D eben.,5s, coup., 1 8 8 4 .. 1904 M & 8 106 b. 101
Aug.
N. Y. & Harlem—7 b. reg. 1900 M & N* 11413a. 114*4 Aug.
R. W. & Ogd.—Con., 5 s .. 1922 A & O 111 b. 103 July
N. Y. Chic. & St. L. —4 g . ..l 9 3 7 A & O 96
89*3 Aug.
N. Y . Elevated—7s .............. 1906 J & J|113 b. 105 July
N .Y .L a c k . & W .—l e t , 6s .. 1921 J & J 127 b. 117*3 Aug.
Construction, 5 s ................1923 F & a *111 b. 105 Oct.
N .Y .L .E .& W .—1st,con.,7g. 1920 M & 8 128 b. 120*4 Aug.
2d consol., 6 g ..................1 9 6 9 J & D 69*3
53 July
Long Dock Consol., 6 g . . . 1935 A & o 122
119 Oct.
N. Y. O. & W .-R e f . 4s, g .. 1992 M & 8 83*8
76 Aug.
Consol. 1st, 5 g . ................1939 J & D 107 b. 97*3 Aug.
N.Y.Sus.&W .—ls tr e f., 5 g .1 9 3 7 J & J 106
98 July
Midland of N. J., 6 g ...,1 9 1 0 A & O 114
107 Aug.
Norf.
W — 100-year, 5 g .1 9 9 0 J & J 75 b. 8 1 % May
Md.&Wash. D iv .-ls t.5 g.1941 J & J
80 July
North.Pac.—1st,coup.,6 g . 1921 J & J 109
0 0 Aug.
General, 2d, coup., 6 g ..l 9 3 3 A & 0 88%b. 80
Aug.
General, 3d, coup., 6 g .. 1937 J <fc D 69
60 Aug.
24*« Aug.
Consol, mort., 5 g ............1 9 8 9 J & D 33%
Col. tr. gold notes, 6 s .. .1 8 9 8 M & N
93 June
Chic. & N .P .—1st, 5 g . ..l 9 4 0 A & O 45
3 5 % Aug.
North.Pac. & M on.—6 g . ..l 9 3 8 M & 8 *5 0 3. 47 Sept.
North. Pac. Ter. Co.—6 g .. 1933 J & J 81 3. 93 July
Oliio&Miss.—C o n s.8 .f.,7 s.l8 9 8 J & J 108 3.
Consol., 7 s ...........................1898 J & J 10S 3.
Ohio Southern—1st, 6 g . ..l 9 2 1 J & D 99 3. 98*3 Aug.
General mort., 4 g ........... 1921 M & N 52
40 Aug.
Omaha & St.Louis—4 g . . . 1937 J & J
60 Feb.
Oregon Imp. Co. -1 s t , 6 g . 1910 J <fe D 99
90 Aug.
Consol., 5 g .......................1 9 3 9 A & O 52 34
32
Aug.
O re.R .& N av.Co.—1s t ,6 g . 1909 J & J 102%
97 Oct.
C onsol.,5g.......................... 1925 J & D 65 a. 61 Nov.
Pennsylvania—4s, g ........1943 M & N
Pa. Co.—4*3 g., coupon....1 9 2 1 J <fc J 107%
P eo.D eo.& E vansv.—6 g . .l 9 2 0 J & J 80 b. 75
Oct.
Evansville D iv., 6 g . . . , l 9 2 0 M & 8 80 b. 89 July
2d m ort.,5 g ........ ............. 1926 M & N
35 Nov.
Pliila. <fe Read.—Gen., 4 g .1 9 5 8 J & J 7 0 %
59% Aug.
34 %
1st pref. income, 5 g ........ 1958
20 July
2d pref. income, 5 g ........ 1958
24
14*4 Aug.
3d pref. income, 5 g ........ 1958
18 b. 11 July
Pittsburg & Western—4 g .1 9 1 7 J & J 8 0 %
72
Aug.
Rich. <fe D anv.—Con., 6 g ..l 9 1 5 J & J 111
L02 Aug.
Consol.,5 g ........................... 1936 A & O 172
60 Aug.
Rioli. <fcW. P. Ter. -Trust, 6 g . 18 9 7 F <fc A t47*4b.
Con. 1st & eoi. trust, 5 g .1 9 1 4 M & S t 20%b.
,1 69»4
Rio G. Western—1st, 4 g .,1 9 3 9 J
54
Aug.
8 t. Jo. & Gr. Island—6 g ..l 9 2 5 M & N 70 a. 6 7 Noy.
St L. & Iron Mt. 1st ext. 5 s.’97 F & A 100 b. 95 Aug.
2d, 7 g .................................... 1897 M & N 99 b. 94 Aug.
Cairo Ark. & Texas. 7 g .. 1897 J & D 100 a. 95
Sept.
Gen. R ’y <fe land g r .,5 g .. 1931 A & O 75 b. 60
Aug.
8t.L. & San Fr.—6 g., Cl.B . 1906 M & N 105
LOO Aug.
6 g., Class C ....................... 1906 M & N 105
LOO Aug.
General m ort., 6 g ............ 1931 J & j
99 Aug.
8 t. L .So.W est.— 1st, 4 s ,g .. 1989 M & N 5 7 %
50
Aug.
2d, 4s, g., in co m e.............. 1989 J <fc J 18%
12 July
8 .P.M.&M.—Dak. E x ., 6 g .1 9 1 0 M & N 113*8b.
1st consol., 6 g ...................1933 J & J I17% b.
do
reduced to 4*3 g -- J A J 100% b. 97 Aug.
Montana Extension, 4 g .1 9 3 7 J A D 89 a. 79 Aug.
. . 55 Sept.
San A. &Aran. P .—1 s t,6 g . 1916 J & J
1st, 4 g. gn...........................1943 J & J 60
52 Aug.
A
<
fc
F
40
Aug.
SeattleL.8 .& E .—lst,gu . 6 .1 9 3 1
153
Sec’ty Corp. (N.Cord.) 1 stcon.6 s M & N 80 a. 70 May
80. Car.—1st, 6 g .,e x coup.1 9 2 0
*104 b. L05 May
So. Pao., Ariz.—6 g .........1909-10 J <fc J 94
92
Oct.
So. Pacific,Cal.—6 g . . . . 1905-12 A & 0* 104% b. L04*3 Oct.
1st, consol., gold, 5 g ____1938 A & O 95 a. 90 Oct.
80. Paoiflo,N. M .—6 g .......... 1911 J <b J 93 b. 93 Nov.
Aug.
Tenn.C.I. & R y.—T e n .D .,ls t, 6g A & 0 *75 a. 7 4
Birm. Div., 6 g .....................1917ij
J & j *75 b. 70
July
Tex. & Pao.—1st, 5 g ............... 2000JJ A D 76 %
59
July
2d, income, 5 g .................... 2 000 March. 19%
13 July
Tol. A . A. & N. M .—6 g ........1924 M & N
Tol. & Ohio Cent.—5 g ............1935 J
105&Jb.
Tol. Peo. & W est.—4 g ............1917 J
75& Jb. 70 Sept.
Tol. St.L. <to K an. C.—6 g . .l 9 1 6 J
D.1 48 Aug.
68 & b
Union Pacific—6 g .................... 1899 J
& *b.
J
105%
Sinking fond, 88.................... 1899 M
S
99 &
a.I
Collat. trust 4*3.....................1918 M
45 &
b.N 48 July
Gold 6s, col. trust notes. 1894 F
85 &A 72% Aug.
Kan. Pao.-D en.D 1v.- 6 g .l 8 9 9 M & N 105 b. 107*4 Nov.
lsto on sol.,6 g . . . . ......... 1919 M & N 84%
77 Oct.
Oregon Short Line—6 g .. 1922 F <fe A 83
7 0 Oct.
Or.B.L.&Ut’hN.—Con.5g.1919 A & O 4 5 %
47 Nov.
U .P.D en.A Gulf con. 5 g.1939 J & D 4 0 b. 39 % Aug.
Union Elevated—6 g ..........1937 M & Nx 104% a. 9 8 % Aug.
Virginia Mid,—Gen. m .,5s, 1936 M & N 7 4 b. .74 Aug.
do
stamped guar. M & N 7 4 b. 77 Oct.
Wabash—1st, o g .................. 1939 M & N 102*3
93 July
2d mortgage, 5 g ............... 1 9 3 9 . F
74% b. 60 July
Debent. M ., series B ........ 1 9 3 9 J &
23 b. 19 July
West Shore—Guar., 4 s ....... 2361 J &
9 4 July
103
9 4 Aug.
West. N. Y . & Pa.—1st, 5 g .1 9 3 7 J &
101
18 Aug.
2d mort.................................. 1927 A &
22%
Aug.
West. U n .T e L -C o l. tr.,5 s . 1938 J & J 103*ab. 95
Wis. Cent. Co.—1st, 5 g .......1937 J & Ji 71 b. 60 Aug.
Inoome, 5 g .......................... 1937 . . M .
9 Sept.
N o te — “ b” indicates price bid ; “ a” price asked ; the Range is made up from actual sales only.
* Latest price this week,
108*4 Jan.
115% Apr
63 Jan.
130 Jan.
105 Feb.
103 Mar.
124 Feb.
108*3 Jan.
119*3 Feb.
115 Feb.
99*4 Feb.
113*4 Nov.
131
Feb.
114 Jan.
139*3 Jan.
105 Feb.
125 Feb.
S6*s Feb.
108*3 Jan.
107*3 Mar.
120*4 Mar.
90 Jan.
91 Jan.
118
Feb.
115
Feb.
108
Feb.
74 Feb.
95 July
80*3 Feb.
89*3 Feb.
104 I eb.
112 Feb.
110*3 Mar.
109 Jan.
64 Jan.
68
Jam
105 Feb.
67 Feb.
112
Mar.
94*3 Feb.
103 July
110*3 Apr
104 Mar.
105 Feb.
72 Feb.
85*4 Jam
7 6 7e Jam
70 Jam
6238 Jam
88 Apr.
Ill
Feb.
78*3 Mar.
8 3 7s Feb.
52 Feb.
78 Feb.
96 Jan.
103*3 Jam
109 Apr.
10438 Mar.
90% Jan,
114*3 Apr.
114*3 Apr.
111*3 Apn
68
Apr.
2 8 % Feb.
119*3 Apr.
123*3 Mar.
103*3 Apr.
91 Jan.
76 Mar.
60 Aug
92 % Jam
99 Apr.
106 Feb
100*3 Jam
115 Feb,
9 7 % Jan.
105% Feb.
95
Feb.
9 5 % Jam
81 Jam
29*4 Jam
108% Jan.
109 Apr.
81 Jam
9 0 % Jam
110% J an.
73%
102%
113%
112%
109
80%
75%
117%
86
86
106%
82%
39
103%
105
Jam
Jam
Apr
Apr.
Jam
Jam
Jam
Apr.
Apr.
Apr.
Apr.
Jam
Jam
Feb.
Feb.
83 Jam
106 Jam
9 2 % Jam
35 Feb.
t Trust receipts.
N E W Y O R K S T O C K E X C H A N G E P R I C E S - t C o n t i n u e d ) .- I N A C T I V E B O N D S — N O V E M B E R 1 0 .
SECURITIES.
Bid.
Ask.
SECURITIES.
B. & 0 .— Oons. mort., g o ld ,5 s.l9 8 8
W. Va. & Pitts.— 1st, g., 5 s .. 1990
B. & 0 . 8. W ., 1st, g., 4 % s ...l9 9 0
*
Monon. R iv e r ,ls tg .,g . 5 s .. . 1919
82
Cent’lOhio Reor.—1st, 4 % s .l9 3 0
A k.& Ch. Juno.—1st,g,5s,gu.1930
Bost.
H . Tun. & W .—Deb. 5s. 1913
......... ..........
Brooklyn Elevated—2d, 3-5s. 1915
105
Brunswick & W ’n— 1st, g. 4s, 1938
Bull. R<- h. & Pitts.—Gen., 58.1937
R a i lr o a d B o n d s .
(Block Exchange Prices.)
Alabama Mid.—1st, g., gu ar..1928
A . T. & S. F .— 2d, 4s, Class B .1 9 8 9
Col. Mid. 1st, g., 6 s .................1936
Atlantic & Danv.—1st g., 6 s ..1917
A tl. & Pac.—2d W\ D., gu. 6 s,. 1907
Balt, & Ohio—1st, 6s, Park B .1 9 1 9
....................................... 1925
ill F ri1
ih*
onot; ti>ns mafie this wft«b,
Bid.
Ask.
SECURITIES.
Bid.
Ask
1209 2 1
R.&P.— Roch. & P., 1st, 68.1
.......... .......... B .
Rocli. & Pitts.—Cons. 1st, 6s. 1922 113
108% Burl Ced. Rap. & N o .—I s t,5 s .l9 0 6 104
90
93
108%
Consol. & collat. trust, 5 s ...1 9 3 4
102
Minn. & St. L.—1st, 7s, g u ..l9 2 7 112
Iowa C. & W est.— 1st, 7 s ___ 1909
io s
97
Ced. Rap. I . F. & N ., 1st, 63.1920
*99%
——
1st, 5 s ..................................... 1921
86
C. Ohio— Co). A Gin. M. 1st,4% s. 1939
........
85’
:enr. RR, <? 1 ./ink.—Col. g.&t. 1937
97
N ovember 11, 1883.]
THE CHROJN1CLE.
N E W Y O ft K S T O C K E X C H A N G E
SECUBITIEiJ.
Bid.
Ask.
808
P R I C E S .— I N A C T I V E B O N D S — ,f C o n t i n u e d ) — N O V E M B E R 1 0 .
Bid.
8ECUBITIE8.
SECURITIES.
Bid.
A sk ,
Northern P acific—( Continued.)
C. R. A B .-C h at.R .A C .,gtd .g.l937 ................... ILAT.H— Mt. Vernon 1st 68.1923
HelenaARedM ’ n—lst,g ., 6s .1937
Cent, o f N. J.—Conr. deb., 6s . 1 9 0 8 *109
.......
SuL Co. Br. 1st, g., 5s.......... 1930
Duluth&Manitoba—ls t,g .6 s l» 3 6
Central Faciae—G old bd s.S s, 1S95 103 ........
E r.A R leb.—Istgen.5s.g.gn.l931
DuLAMan D afcD iv.—Ist6s.l9 37
Gold bonds, 6s...................... 1896 104 .--------- Bvans. A Indian.— 1st, c o n s..1926
Cosur
d’Alene—1st, 6s, gold-1916
116
Gold bonds, 6 s...................... 1897
104 ........ n in t A P . M arq.-M ort., 6S...1920
100
90 100
Gen. 1st, g., 6 s.....................1938
Ban Joaquin Br., 6 s..............1900 UOX .........
1st con. sold , 5s.....................1939
96
Cent-lVashington—lst,g.,6s.l9
38
Mort. gold 5 s......................... 1939 ....................
P ort Huron—1st, 5 8 ............. 1939
N orfolk
95%
Hand grant, 5s. g____ _____ 1900
------ ---------------- ---------------Fla. Cod A Pen.—1st g. 5s____
1918 A Soiuh’n—1st, Ss.g.1941
N orfolk A West.—General, 6s. 1931 *110%
C. A O. Div., ext., g. 5 s ....... 1918 ....................
1st com «... 5 s ................
1943 95
New River, let, 6 s ................ 1932
61
West. Pacific—B onds,6s----1899! 105 ......... ‘ Y Worth A R. G . - l s t g.. 5s .1928
103
Imp. A E xt., 6s.......................1934
S o. Railway (Cal.1—1st, 6 s .1907
........... Gal. Har. A Ban A nt.—1st, 6 s .1910
95
Adjustment M., 7 s................1924
50-year 5e............................1038
91 ........ GaL H. Aft. A .- 2 d mort.. 7 8 -1 9 0 5
Equipment, 5a........................ 1908
Che*. A O.—Pur. M. fu n d ,6 » .l 896 106 109%
H ex. A Pae. Div., 2d 6s ....1 9 3 1
Clinch Vai. 1st 5s................. 1957
8s, geld, series A ................... 1909 U 3 115
Ga. Car. A N n r .- l - t , v.i.
g.1929
KoanokeASo.—1st, gu. 5s, g.1922
80
Craig Valley—lr t, g., 5s. ...1 9 4 0
............ U S o , A F la .-la t , g. 6s........ 1927
S cioto Vai. A X. E .~ 1st.4s,.1990
70
Warm gpr. Vat., 1st, g. 5 s ..1941
........... 14731111 Rap. A Ind.—Gen. 5 s.. 1924
76
20
Ohio A Miss—2d consol. 7 s ... 1911
Che*. O. Aeo.W eaL—1st 6s, g.1911 ........ 104
« . B. W. A 8 t. P .- 2 d inc. tr. reels
Sprin g. Di v.—1st 7a................1905 101
“2d.
• 6a.......................................
"
—
*'
flousatonlc—Cons, gold 5s— 1937 107
1911
General 5s. ............................1932
: N. Haven A D erby . Coua.5k.1918 102
Oil. V. ~GMM>»Q.l*t. «u.g,5». 193S
Ohio R iver BR.— 1st, 5s.......... 1936Ho us, A T . C.—Waco A N. 7S..1903 104
Ohlcago A A lU m -S . ¥.. 6a— . 1903 l i d
Gen. g .,5 » ............................... 1937
1st g., 5s (t o t g td i................ 1937 103
Boats. A Mo. Ktver—1st, 7*. 1900 113 118
Oregon A Califor.— 1st, 5s, c.1 9 2 7
100
Con*, g. Os lint. gtd )............1912
2d, 7a.................................... 1900 106
Oreg. R yA N av. -C o t. tr. g.,5s,19l9
8t. L. Jacks. * C bic.-U t.7s.1 804 101
Debent. 6s, prim A int. gtd.1897
Pan, Slnk.F'd Subsidy—
g. 1910
Debent. 4 b, prla. A tut. gtd.1897
MJ*«.R. Urn!ice—Is:. *. f.,8aT 912 101%
XUinoia Centra!—1st, a., 4s ...1 951 103% 104% Peun.-P.O.CASt.L.Cn.K.4%sA1940 TOO
® 10. Burl. & Nor.—1st, 58----- 1926 »s %
Do
do
Berk'S B ,....... 100
1st, gold, 3 % » ........ : .............1951 •90
1896
n k M t o n *H..................
P.C.A8.L.1M .C..7S................ 1900 111
Cairo Bridge— ig ................... 1950
Ohis. Barling. A Q.—5a, *. f.,1 9 0 1 i d s '
Pitta. Ft. W. A 0.— 1st, 78.—1912
135
Sl'rtngf. D iv.—C oup.,68 ....18 98 105 \ 107
Iow a Div.—Sink, fund, 5a.. 1919 ’102
2d. 7 f t ...................................1912
101%
i*l%
Middle l>iv.—Keg., ..............
Sinking fus,U,4*..................1919
135
3d. 7*.................................... 1912 125
79
C .8 t. L A S . O.—T e u .L ,76,1897 T05%
Plain, 4 » .................................. 1921
Cb.8t.U A P.—lsM<n>.5s,g. .1932
l* t,e o n * o l..7 » .................... 1897 ■105
i« r
Ohi* A Indiana C o a t -lr t 5*.1836
Clev, A P.—Con*.,s. fd., 7s. 1900 iiT %
ad, « * ....................................1907
Oht. MIL * s i. p ,-tst,3 a .P .D 1898 115 115%
Gen. 4%«. K., " A " .............1942
Gold, 5s, ca n n o n .............. .1951 i i a ”
24. 7 2-10*. P. B .......... .....1 8 0 8 115
8t. L .V .A T . H.—le t, 6s., 7s. 1897 107%
Metnp, Div., 1st g. 4 s.......1951
1*1, 78, *(?.. R .D ..................1902 121
2d, 7 » .............................. ...1 8 9 6
Dub. A ft. U —2d Div.. 7 * .-1 8 9 4 100
120
1st, I. A M „ 7 s ....... ........ — .1387 i to
93
2d. guar.. 7 s . ......................1S98 •100
Ced. Falls A M l n n .- l- 1 . 7 s..1907
1st. I. A Li., 7 *........
im > 117
G<LR.A I. E x t 1st. 4 % s, G. g. 1941
Did. D, A Spr.—1st 7s, VX. c p .l9 o 6
101%
1st
A M.. 7 * .....................1903 121
Poo.A
E. Ind,B.AW .-lst,pf.7R,1900 •107
122%
In
d
.D
.A
W
.-ls
t5
«
,
g
.,tr.re
o
..l»4
7
123
1st, r. A 1>. Extension. T o.-1 9 0 6
Ohio tml.A I V .- 1st prof. 5s.. 1038
2d. 6 b. gold, trust receipts..1948
1st, L* C. A B ov ., 5 s............1919 101
Peoria A IVk. U n lo u -ls t ,6 a . 1921 109*
1st. 0 . A 0 ., 7 s ...................1910 1211* 125
Die. M. bonds, trust receipts —
72
2d m ortc., 4 %*...................... 1921
77
ind. 111*. A Io w a —1st, g, 4s. 1939
1st, li. A 0 ., ft*.....................1910 i o la
Pilt*. Clove. A T o l .- l s t , 6 a ...1922
Chicago A Pacific O iv.,6* l u l o 115
Int.AG.N'n— Ut.Os.g................1919
V'd" Pitts. & D. E r .- 2 d g .5 s .“ A " . 1928
Kings Co. F.K1..1M.5.C ,gin A. 1929
Mineral Point B lv .5 * ...........1910 101
Pitts. Sic. K. A Y,— 1st 6s----- 1982
Lake Erie A W e st.- Ll g „ 5*. 1941
99%
'
a A L. Sup. Div., /»..............1921 101
Pitts. Palusv. A F.—1st, 58— 1916
l,. ft. A Vf. 8e.~U . A K .-X e w 7s.’» * 107%
PiWK* A South., 6*. A s m —.1924 100
Pitts,
Shew. A L. E.—IsL g.,5s. 1940
Dot.
M.
A
r
.
l
»
t
,
7
*
.
...........
1906
120
'9
7
Ins. con e. sink, fund, 5 »-----1916
Pitts. A W v s t.-M .5 s, 2.1891-1911
Dakota A (it. South.,5s. ...1 9 1 0
leak® Shore—Div. bonds, 7». 1899 110% i n
84
ioa%
Pitts.
Y'gat’
uAA.—1st, 3 h, cod.U)27
102
113
K
it.
AIL
A
«
.
R
.-1
S
!
gu.
5n.103.ft
• Mil. A Nor. main U se- 6 * ...1 9 1 0 111
Pres. A A ru. Cunt.—1st, 6s, g.1916
Oblc.AM.W.—3 o year deb. 5a, 1921 101% ;0 t
Mah.m’ g Coal B B .- l » t . 59.1934 103 n o
2d laootne ts».......................... 1 9 1 6
Escanaim * L. 8. Us, 6*....190 1 107% n o
la’lilgh V ..X .Y .—1st gU*g.4%s. 1040 •93
Rloh. A DailV.—Debenture 6 s .1927 *92
L>-liit:h V.Term.—1st git os.g.1941 102%
Des hi. A Mian.—1st, 7 » .. ..1907 117
Equip. M, a. f.. g., 5 s............ 1909
latch*.
C.U-.
A
West.—1st
6s.
g.
1916
Iow a Midland—1st, 8 *...... .1900 115
96
AU. A Char.—1st, pref., 7S..1897
L»ug Island—1st. 7 * ................189ft 107% m
Peninsula— 1st, c o n v .,7 * ... 1898 .......
do.
Incom e, 6s — 1 9 0 0
N.
Y.
A
R
'w
ay
B.—1
at,
g.Se.
1027
100
Ohio. A Milwaukee— 1st, 7». 1898 lo o
Wanh.U. AW.—1st,.Is,ga.ey..1924
Win. A St. P.—2d, 7i ............ 1907, 120
2d aiertg.. la c .....................1927 37%
130
Rio Gr. June,—l i t , gu., g., os.1938
MIL A Mad. —1st, 6s............1906 107%
S.Y'.AMan. B e a c h .-1st. 7s, 1-97
Rio Grande So,—1st, g., 5 s - .1940
Ott. C. F. A 8t. P.—1st, 5 s .- 1009 103
96% 98
N. Y. li. AM. B . - l « t con. flsar. 1838
I
,v ■ 1 ,.. rd
.......l " - ‘ B ro o k i-n A M o n ta u k -U M K lS ll 105%
101
Northern 111.—1st, 6s.......... 1 0 1 0
® . P « o . * K . L - c w , . M , j . > , , . l 9311
I Kan. C. A Omaha—1st, 5*.. 1927
1st. 5 * .................................. 1911 100
8t.
D.
A.
A
T.H—8(1
pref.
7 s ..l8 9 4 101
G K .I.A F .-U .M .* F. D. 1st 4s. 1908
60
Loaut.Evfui9.A8t. D .-C orn s*.l»3 9
6»
99 ibo"
leinis, A Nash.—Cecil. B r.7 »„ 1907 102% 108
1st, 2% s................................1906
•2d in. Inc. 7a........................... 1894
45
Extension, 4s.............. — .1905
K. II. A Naah.— !* ; 6s. g . ...l u l 9 111
Dividend bond*..................... 1894
neokuk A Dee M .- l * t .5 » ..l 9 2 3
Batlev. A 8 0 . I l l —1 st, 8 4 — 1 8 9 6 105 i ’o T '
Pensacola Diviaum, 6*........ 1920
1 13
Believ. A Car.—1st, Os.......... 1923
Bt. Louis Division, 1st, 6 s ...1931
Chicago A 8t. Lento—1 i. 8*.. 1913
CUIShDAPad.—1st, gd.g.8s 1917
•id, 3s....................................1980
O k ie.fit f . a Minn.—1st,6 s ...1916 120 123
105
Deb. Branch Extension .. .1893
Bt. Louis So.—1st, gd. g, 48.1931
8h Paul AS. C.—1st. Os....... 1919 120
do
2d in co m e ,5 s.1931
70
Naftbv. A D ecatur—1st,7 » ..1900 110
Ohio. A W. Ind.—1st, s. I., Ox. 1919 102
Car. A S baw t.—1st g. 4 s . . . .1932
8. f.,6a.—ft. A N Ala............. 1910
General m ortgage, 6 » . .........1932 112%
8t. U A 6. F .- 2 d 6s,g., cl. A . 1906 i*o*i%
10-10, gold. 6a......................1924
C b liv A West M ieh .-S s.......... 1921
E q u ip .,7 s ............................-.1895
® n ilan ,. A D.—Gan. *. f „ 7».1905
50 year 3s, « ...........................1937
General 5 s ............................ .1931
Pens. A A ! .- 1st, 6*. g o ld ... 1921
2d, gold. 4% «.........................1937
99
CoUnt. trust. 5s, g ................1931
can. D. A I r 'n -l s t , gu. 5s, g.1941 •*9*6" 92
1Kt, trust, gold, 5s..................1987
80
99%
Consol, guar., 4 s....................1990
Olev. Ak. A OoL —Bq, A 2d 6S.1930
DomN.Alb.ACh.—Gen.m .g.5s.l940
54
Kan. City A 8.—1st, 6% g — 1916
O.O.C, A St. L.. Cairo dlv.—to. 1939
Manhattan Bar.—Cons. 4s------1990
92
86
93
8t.L oa.in v .-ls t c o L U ’t4a,g.l990
69% Mnalto.ft. W.Colonua’n -5 a .g. 1934
Ft. 8. A V. B .B g. —1st, 6 s . ..1910
8prlne.ACoi.Dlv,—1st,*. 4s. 1940
Kansas Midland—1st, 4s, g.1937
Memphis A C hart—6s, g o ld -1 9 2 4
S t Paul A Duluth—1st, 5 s
1931 *105
WhiUjW.Val.Dlv.—latnc. 4a. 1940
( 1st eon. Tenn Hen. 7s....... -.1 915 100
Mexican Cent, Corned.— ia, g .ltil 1
2d m ortgage 5s.......................1917 100 103
Cin.W ab.AM Jltv.-lstsR.4s.1991
Ota. I. Bt. L. A C,—l* t « .,4 s .l 936 92%; .
H-. f i u' fm u A M .—1st, 7 s .-1909 107%
1st, cons. Income 3s, g........ 1939
Consol ,6 s .....................
1 0 2 0 *100 i____ ■M exican National—1st. g., 6s 1927
2d m o r t, 6 s............................. 1909 112% il*5*'
Mmneap. Union—1st, 6 »___ 1922
Cln.Ban.Ai I -<
i-* i ;>)- 1 0 0
2d, incom e, 6s, " A " .............. 1917
Mont. Cell.- 1 s t , guar., 6 8 -1 9 3 7
ii*i**
110% 112
2(1. income, 6s, “ I I " .............1017
LCol.Ctt. A D id .-U S . 7 s ,s .t l899 ’ 118
1st guar. g. 5 s ........................ 1937 *95
■Michigan Centra!—6 s............. 1909
99
E a s t. M i n n - l i t d iv . 1st 5 - ! ">Consol, sink, fund, 7a.......... 1014 104
Coupon. 5s...............................1931 108 n o
8an Fran. A N. P.—1st, g., 5s. 1919 .......... —
Cleve. A M ah. V.—G o ld ,5 s ... 1938
M ortgage 4s. ........................ 1940 97
Columbia A Green.—1 at, 6 s.. . 1016
South Carolina—2d. 6s.......... 1931
Bat.< .Afttrgls.—is!.:i*.g.git.l930
2d, 6s....................................... 1926 127
Incom e, 0s......... ................... 1931
MU. L. ft.AW,—Conv. dele, §8.1907 i d o '
Del. Back. A W .-M ort. 7 s . . . .1907
■So. Pae. Coast—1st, guar.,4*. 1937
125 128
Mich. Div,, 1st. 6s................. 1924 121
Morris A Brra. Bine.
1st,A7 aN.
....1914
Y .- l a t , 137
7s,1906
i rer.B R .A 8ii of 8 t.U -lst,4 % s.l9 3 9 .......... ........*
Ashland
D
lv
ls
lo
n
-ls
t,
6s
-1
9
2
5
119
. i Bonds,
---------- 7s.............................1900
•------- 113
Texas A New Orleans—Ist,7 s.1905
100
Iaeoaie#............................
7s of 1871............................1901 116%
Sabine Division, 1st, 6s....... 1912
Mum A 8t. D —1st, g. 7 b.........1927 n o
1st, con., guar., 7 s..............1915 135 139
Consol. 5s, g ............................1943
89
Iowa Extension, 1st.7s.......1909 n o
122
Del. A Hud. Can.—Coupon 7«,1S94 103
Third Avenue (N.Y).—ls t 5 s , 1937 111
2d rntirtg., 7s..........................1891 1 0 0
120
P a Div., coup., 7s................ 1917 136
Southwest E x t,—1st, 7s.......1910 1 0 0
Toi. A. A. A Cad.—0a.............. .1917
Albany A Souq.—le t.gu .,7 * 1906 128 130
97%
Factor E xt.—1st, 0 * .............1921 103 106 ■Toledo A. A. A G'd Tr.—g. 63.1921
l i t , cons., guar., 6s......... . 1006 116
Tol. A. A. A Mt. PI.—Gs.......... 1919
Impr. A equipment, 6*--------1922
no
•32“
Bens. A 8 a r.~ 1st, coup., "g.1921
Tol.
A.
A.
A
N.
M
.-o
a
,
g.........1940
Minn. A P a e .- l - i » » . « ? , 5s. 1936
72
D enver City Cable—1st, 6 s ...1908
M inn.St,.P ,A 8.8.M -lste.g,4s.l936
■T.AO.C.—Kau.A M -M ort, 48.1990
Dcr.v, Tramway—Cons. 6s, g.1910
Ulster A D el.—1st, con.,O.,5s. 1923 100
102%
Mo.K.&T,—K.C.AP-, 1st. 4a, g. 1990 •88
MetropoL Hy.—Ist.gu. g.bs.lfH l
Union P a c ific -lo t ,0 8 .............. 1896 102% 103
Dal. A Waco— let, 5s, g u ..,.194 0
85
Denv. A B. U.—Imp., g., 5 s .-.1828
1st, Os.......................................1897 103% 104
66
Missouri Pacific— Trust 5 s ...1917
83
Duluth A Iron Range—1st 5s. 1937
95
1st 00 IL, 5s, g ........................ 1920
08 i 1st, 6 s...................................... 1898 1 0 4 %
K. Tenn. Va. A Ga,—1st, 7 a .. 1900 id s*
St L.AI. M .~Ark.Br..lst,7».1895 100 103% i Collateral Trust, Us.............. 1908 104%
Collateral Trust, 5 s.............. 1907
Divisional 5s......................... 1 9 3 0 102
Mobile A Ohio—1st ext., Oa— 1927
1st ext., gold, 8 * ................... 1 9 3 7
Kansas PaciUO—1st 6a, g ..-1 8 9 5 100%
St. h. A Cairo—4*. guar...... 1931
33
lo t, 68, g ____. . . ------..1 8 9 0 100 i b T
Bq. A Im p.,*., 5s.................... 1038
50 ......... Morgan'* Da. A T.—let, 6s— .1020 100
C. Br. U. P . - P . 0 ., 7 s.......... 1895
Mobile A Jurat.—1st, g ..5 s..lB 3 7 ..... ‘ 72
1st, 7*...................................... 1018 106%
Atch. Col. A Pae.—1st, 6s.—1905 ■ 4 5
Alabama Central—1st 6a...1 8 1 8 " 1 0 0
Nash. Chat. A 85. D .-2 d , 68-1901 103 110
Atrh. J. Co. A W.—1st, 6 s... 1905
Erie—1st, extended, 7 s.......... 1897 1 0 7
........ IN. O. A. No. h.
I , g., Or. . 1915
3d, extended, 5*.................... 1919 108
U. P. Lin. A OoL—lst,g .,5 s, 1918
......... N, Y. Central.—Deb. g. t o ....1 905
■ 3d. extended, 4 %s.................1923. 1 0 6
OraK.8.L.AU.N.,O0Urst„58.1919
107%
N. J. J u n e-G u a r. 1st. 4S ...1980
Utah A North.—1st, 7s........ 190,ft
■ 4th, extended, 5s....................Iy 2 (l 1 0 9 ' ....... 1 Beech Creek—1st, gold. 4s. . 1 9 3 6 •97
97%
60
t.Mb, extended. 4s.....................192* 69 102
Gold, 5 s................................ 1920
no
Orw. A Home—2 d ,5s, g.,gtLUU5 103
a 1st, vwn„
con,,
r1 dn,, 7,Ss ..............Hftto
............. 1 0 2 0 ........
Utah Southern—Gen., 7a -1 9 0 9
90
....................
Utica A Bt.
Hi. Rlv.—
HIV.— l*.
1», S-,
g.,gu,1922
gu. 1.122 101
103
Extern,
1st,
7s....................1909
90
t d l W l Ir tlto a .6 * ............... 190ft' ......... ......... N. V. N. a . A H .- ls t ,r e « .4 » .lB 0 3 102
Valley R'y Co. o f O.—Con. 0s. 1921
.......... 1 0 1 a 120
........ IN. Y. A Northern—1st, g ps.1927
102%
Wabash—Debenture, fti-r. A ..1939
. 9 . 7 . 1 . 1 . 4 W .-G il, t » „ » pr -*2 l » o
. . . . . . . 2 d. 4 .................................. -1 9 2 7
98% 99
Dot. A Chic, Ext. 1st, 5a, g -1 9 4 0
t •Tun4e«com i,,5*....................... 1969 *55 ......... N. Y. 8 usq. A W e -t.-2 d , i% » . 1937 *90*' i
No. Missouri—1st, 7a.......... 1805 104
t .M L A 8. W - Morse. ID. ...Jaoft;
.............
Gen.
mort.. Os, g 1940 95%) 97
102%
1 , .
■ ‘
>- •
Jbfferwih—tot, g o, g. $m ....1 9 0 9 ........ TOO X. Y. Tex. A M ax .-lst.4a .g u .l91 2
SLCharlos Br’ge—1ahfls.. .1908 103
: a « U H e .- 0 . ----------------- 1 0 2 2 1 .................... North'll
PiwlHc—DiVid’ll Scrip BXt.
West. Va. C. A Pitts.- 1 s t , 08.1911
Eureka Springs— toy, g,, 6 «....l:.33i ......... ;......... |. James River V ai.- ■d , La... 1.93(1
W
heelAJ..K.—
1M. 5s, g o ld ... 1926 103
■
80*
Evans. A T .R .~ I«t.v .in ».,6 «. .1921 115 .........j Spokane A P a i .- l - t . 6*........ 1936
Extension A Imp. g., os.. — . 1 0 3 0
1st, general, g „ 5s ............ 1 0 4 3 .................. | Bt.Pani A N. P.—Gen., 6»..192 3
n o 113
.
S
•Nil price i rid ay 1 tb«*e are lie latest q<iotatiooi made this week.
W ov m t a w l l a a M a s tc U a l l s t s d B e n d v - M e M p a j s w w e ffla * ,
THE CHRONICLE.
801
[VOL. LVII.
Latest Earnings Reported.
R oad s.
% u x iz s lm z n \
Week or Mo
AND
B & it o a il
In te llic te u c c .
%he I n v e s t o r s ’ S u p p l e m e n t , a pam phlet o f 150 p a g es
contains extended tables o f the Stocks and Bonds o f R ail
roads, and other Companies, with remarks and statistics con
cerning the income, financial status, etc., o f each Company.
It is published on the last Saturday o f every other month—
viz,, January, March, M ay, July, September and November,
and is furnished without extra charge to all regular sub
scribers o f the C h r o n i c l e .
The General QuoU tions o f Stocks and Bonds, occupying
eto pages o f the C h r o n i c l e , are published on the th ir d
S a tu r d a y o f each month.
RAILROAD E AR N IN G S.
Latest Earnings Reported.
Jan. 1 to Latest Date.
R oads.
WeekorMo]
1893.
1892.
1893.
—
1892.
I
$
128,041
Adirondack........(Septemb’ r.i
17,383 j
134,337
15,132
Allegheny Y a i .. Septemb’r .1 180,862
240 ,1 9 2 1 ,894,653 1 ,925,149
A tch.T .A S . Fe*. 4tliwkOct. 1,251,687 1 ,265,911 3 2 ,5 87,622 3 2 ,6 86,468
St. L. A San F. 4tli wk Oct.1 281,121
329 ,0 1 0 7 ,230,742 7 ,555,141
Agg. to ta l.. ,'4tliw k Oct. 1 ,532,808 1 ,594,921 39 ,8 1 8 ,3 6 4 4 0 ,2 41,609
460 ,1 3 7
AtlantaACliar.a A u g u s t . . 44, 054
5 4 ,4 1 1 1 462,511
B.&O.EastLines Septemb’r. 1,7 3 3 ,3 5 4 1,9 8 4 ,6 0 0 14,248,038 1 4 ,8 23,936
Western Lines Septemb’r.l 534,802
610 ,1 1 0 4 ,6 6 6 ,6 0 6 4 ,570,473
Total............. Septemb’r. 2 ,268,156 2,5 9 4 ,7 1 0 18 ,9 1 4 ,6 4 4 1 9 ,3 94,409
Bal.AO.Southw. IthwkOct.
7 5 ,1 1 5 2 ,158,897 2,198,506
69,176
15,819
15,384
Bath A Ham’nds August___
2,859
2,627
34,189
24,721
Bir. A Atlantic.. October. ..
2,284
3 ,486
Bir.Sh.ATenn.R J u n e .........
4 ,8 1 4
21,2 0 6
Brooxlyn E le v .. 4th\vkOct.
55,215 1,539,231 1 ,561,217
47,4 9 0
Buft.Roch.APitt 4tliwkOct.
99,782 2 ,856,105 ‘J ,669,785
94,983
Buffalo A Su6q. Septemb r.
21,076
■Bur.C.Rap. A n j4thwkOct.
155,980 146 ,1 7 8 3,4 4 3 ,8 2 0 3,5 2 4 ,5 2 9
683 ,5 3 0
77,769
708,808
Camden A A t l.. Seotemb’ r.
76,3 4 6
CanadianPacitic 4th wk Oct. 7 0 3 ,0 0 0 6 9 3 ,0 0 0 17,249,215 17,426,765
17,873
Car. Gum. G&Ch.'August___
1 ,214
29,038
2,617
4 4 ,9 0 6
Car. Midland___Septetnb’ r.
7,8381
41,3 8 0
6,145
Centralof N. J .. Septemb’ r. 1,214,792 1.343.298 1 0 ,9 15.071 10,637,071
Central Pacific. . A u g u st.. . . 1,362 ,9 1 5 ,1 ,4 75 ,1 44 9,3 6 4 ,2 6 4 9,6 3 9 ,7 2 3
64,003
67,440
Central of 8. C . . 1August___
6,636
6,249
1 02,666
103,383
Char. Gin. AChic. Septemb’r.
12,2 6 6
8 .100
418
,9 7 9
447
,5
5
9
Charlest’ nASav.'August . .
32,6 5 5
29,310]
1 18,237
124.473
Char.Sum.A No. October. ..
17,000
15,000
41,8
25
44,5 9 9
Chat’q u aL ak e.. Septemb’r.
5,148
5,564
57,232
64,567
Cheraw .ADarl.. Sepiemb’ r.
7,922
7,127
8,2
8
7
,7
52
Ches. A Ohio
Ith w k O c t.
2 66,243 279,321 8,3 7 2 ,4 4 6
Ches. O. A.S. W . A ugust—
187,193 207,151 1,529.715 1 ,4 14,795
Chic. Bur. & N o. Septemb’ r.
198,203 223 ,5 0 4 1 ,7 19,646
Chic. Bur. & Q .. Septemo’r. 3 ,5 20,193 4,1 3 5 ,5 9 8 2 8 ,5 2 1 ,9 7 2 29 ,3 0 6 ,7 7 0
112 ,4 2 6 3 ,783,332 3 ,4 2 7 ,5 4 7
Chic. & East.
t. H I.'4thw kOct.
L3S931
235,401 2,0 1 3 ,6 3 6 1,807,045
Chicago & Erie. August___
2 96,466
4 ,219,431
Chic. Gt. W est’n 4thw kOct.
152 ,3 9 2 3 ,641,
140,003
250 ,3 9 4
C h .J .R .A U .S .Y . Septemb’r. 2 19,659
, 6. 2 850,988 28 ,9 4 3 ,9 3 3 29,1 1 9 ,9 7 4
C h io.M il.A S t.P tlstw k Nov "8 6 ,1
Chio. AN ’tliw’n. Septe’ b’r./t 3 ,3 25,121 3 ,6 3 3 ,9 2 7 ,2 3 ,34 1 .20 2 24,356,279
™
124,4861
Chic.Peo.A 8 .L .6 Septemb’r.|
84,638
.............
Chio.R’k I . A P .. October. ..'2 ,1 4 3 ,2 9 4 1,9 1 5 ,2 4 0 16.601,265 1 5 ,5 78,894
Chio.St.P.M.AO. Septemb’r. 7 68,417
870,831 5 ,7 5 2 .6 9 4 6.3 7 1 ,4 5 7
Chic. A W . Mich. 4tbwk Oct.
52,211
50,465 1,6 0 7 ,0 0 2 1,664,613
59 304
58,754
Cin. Ga. A Ports. October. ..
6,539
7,162
587,003
564,357
Cin. Jack A Mac. Iithw kO ct.
17,625
20,808
CLn.N. O. A T .P . 2d wk Oct.
75,4 5 0
79,9 3 2 3 ,0 9 9 ,1 9 4 3 ,295,469
Ala. Gt. South. 2d wk Oct.
38,898
30,151 1 ,323,505 1 ,357,036
973,931
N. Orl. & N. E .'*d wk Oct.
40,2 7 7
26,806 1,033,105
459 ,1 1 1
405.801
A la . & VicksbJ2d wk Oct.
14,089
10,787
401,221
381,248
Vicks. Sh. &P.|2d wk Oct.
11,727
12,0 6 6
Erlanger Syst. 2d wk Oct. 180,441
159,742 6 ,242,853 6,486,768
17,418
17,200
Cinn. Northw’n. O ctober...
2,098
2,075
21.7,1 U
224 ,4 1 2
25,5 7 5
Cin. Ports. A V.. O ctober...
23,165
12,031
12,575
Col. A Maysv. O ctober...
1,133
1,157
831,7(59
820.121
Clev. Akron ACo.j4thwkjL)ct.
22,891
30,318
37 3 ,0 8 0
449 ,7 9 7
Clev.'Can. A So. J u n e .........
81,886
103,000
■CL Cin.Cb.&S.L. illiwit Oct. 4 0 0 ,4 5 0 429 ,2 4 7 11,577,242 1 2 ,3 58,526
1 53,312 1 ,1 16,164 1,146,636
Peo. & East'll.'August___
109,265
2 45,699
2 49,017
Clev. AM ariettakthw kSep.
7,971
10,102
28,1 7 6
41,8 5 3
3,375
Col. Newb. A L . A u g u s t....
4 ,550
2,778,848
2
,8
05,596
Col. H . V. A Tol. October. . .
322,080 31 6 ,4 1 0
65,715
Col.Shawnee&H Septemb’r.
60.091
2 5 ,4 0 2
21,312
2,800
Colusa A L ake. . 1October. ..
2 ,140
562 ,9 7 0
583 ,3 5 0
Conn. River........'J u n e ...............................
169,191
1 3 0 ,4 7 4
Current R iv er.. 4th wk Oct.
3 ,529
5,349
259 ,1 0 0 6,5 1 2 ,9 4 2 7 ,5 4 9 ,7 5 2
Deny. A Rio G r.Athw kO ct. 235 ,6 0 0
350 ,0 1 1
343,759
4 1 ,5 4 0
D e s .M .N o .& W .'October. ..
272,255
324,918
32,7 9 4
Det.BayC.&AlpJseptem b’r.
2 0 ,5 7 4
1,032,91:
1
,010,510
36,5 6 6
Det.Lans’g A N o. 4tliwk Oct.
31,451
71.<£>(> 1 ,828,194 1,912,787
DuluthS.S.AAtl. 4th wk Oct.
65,188
84,8 9 9
9.892
190,681
Duluth «fcWiun.J August----17,309
E .Tenn.Va.A Ga 3d wk Oct. 131,860 130,551 4,4 6 1 ,8 8 0 4 ,9 7 3 ,9 7 6
69
9 ,5 6 3
782,891
79, " "
Elgin.Jol.AEast October. ..
102,827
53,3 1 0
57,106
8 ,5 0 9
Eureka Springs. August___
6,398
317,:
309,174
9 ,733
Evans A Lnd’ plib: 4th wk Oct.
9 ,775
3 ,290
Evans. & R icn.. 3d wk Oct.
2 ,464
38,103 1,1 8 8 ,7 8 0 1.086,868
Evansv. & T. H.| ithwkOct.
11,845
687,930 5 ,503,264 5,5 5 6 ,0 3 6
Fitchburg........... Septemb’ r. 621,201
73,4 6 5 2 ,335,148 2,3 8 1 ,0 2 0
Flint &P.Marq..|4tliwk Oct.
66,025
22,779
9 3 ,5 5 4
2,098
A Florence.............. August—
6,818
97,6 6 7
w Fl.Cent. APenir.'Juno..........
99,629
304,419
297,531
51,088
F t.W . & Rio Or |October.. .
44,863
12,6 6 4
8,005
1,845
Gads. A Att. U .. October. . .
574
160,115 1,1 2 2 ,0 1 4 1 ,207,489
Georgia R R ....... O c to b e r...
167,995
136,106
308,968
24,661
Ga. Car’la A N o A u g u s t....
35,441
621,367
661,351
73,058
Goo. 8 o .A F i a ... O c to b e r...
71,828
30,771
29,656
3,255
Georget’n & W ’n August—
2,598
66,868 1,872,(503 2 ,079,806
Gr. Ran. A In d .. ithwkOct.
61,457
14,2 6 3
365,788
414,814
Cin JR.& F t. W . Ithw kO ct.
11,010
6 ,1 0 4
166,963
201,937
Other lin e s .... Ithw kOct.
3,912
8 7 ,2 3 5 2 ,4 0 5 ,3 5 4 2,6 9 9 ,5 5 7
Total all lines. IthwkOct.
76,379
Grand Trunk— Wk Nov. 4
4 6 9 ,4 7 4 4 2 7 ,0 0 6 1 7 ,0 22,420 1(5,732,819
70,619! 3,4 9 1 ,1 8 6 3 ,001,813
Chic. A Gr. Tr. Wk Oct.21
144,845
20,21(5'
9 0 9 ,1 2 1 1 975,545
D et.G r.H .A M . Wk Oct.21
22,092
1893.
1892.
Jan. 1 to Latest Date.
1893.
1892.
Great North’ n 9
I
$
I
$
1
9
1
St. P. M. A M. October. ..]11,683,117 1 ,7 27,448 1 1 ,0 38,855 10,085,897
East, of Minn October. ..
201 ,7 6 6 104,501 1,0 0 8 ,1 2 9
995 ,8 7 6
Montana Cent O ctob er... I 9 0 ,0 3 9 1 29,845
93 0 ,1 7 4
988 ,2 1 9
Tot. system . October. .. 1 ,977,923 2,0 2 1 ,7 9 4 13,037,158 1 2 ,0 04,993
Gr. P.W al. A Br. August----1,509,
14,923
15,135
G ulf A Chicago. Septemb’r.
2,0221
2:i&
23,484
2 5 ,5 9 7
H a rtsville.......... August___
414l
569
6 ,6 8 6
6,585
Hoos.Tun.&Wil. Septemb’ r.
3 ,115
3,2211
27,435
26,5 5 6
; ___ i
H ous.E.AW .Tex O ctob er...
49.1 0 0
49.600,
Humest’nAShen October. ..
14,000
14,042
l i 8 ,524
110,809
Hutch. &8outhTn August___
7,937
11.104'
49,2 2 3
46,148
Illinois Central October. ..
580 ,2 2 4 1 ,8 7 8 ,1 1 0 1 8 ,3 5 0 ,4 6 1 1 5 ,7 9 7 ,6 6 5
Ind.D ec.A West. October. ..
344,602
31,811
41,355
42 3 ,6 3 3
In .A G t.N o rth ’n IthwkO ct. 141,548
187,849! 3 ,2 76,185 3,2 5 4 ,3 3 4
34,2 0 0
Unteroc. (Mex.) Wk Oct.21
28,390, 1 ,7 07,602 1 ,483.640
Iowa Central. . 4thwkOct.
48,4 3 6 1,564,269 1,5 7 1 ,9 6 6
54,387
Iron R ailw ay... O ctober...
3 ,915
3 ,805
32,8 8 4
29,788
KanawhaAmieh Ithw kO ct
11,146
298,663
30 9 ,2 8 3
7 ,983
8.54-11
279,841i
Kan.C. Cl. & Sp. IthwkOct.
2 6 5 ,9 5 7
K .C.F.S.AM em 4thwkOct
127,007 141,609 3,8 7 2 ,6 1 9 4 ,0 7 9 ,9 4 4
K.C.M em .& Bir IthwkO ct.
35,1 3 3
34,160;
8 83,565
894 .6 9 7
7,318
K. C. Pitts. A G. Ithw kO ct.
51,3 2 3
1,916
149,673
101,792
5 ,989
Kan.C. Sub.Belt 4thwk Oct
5 ,927
202,143
Kan.C. W y. AN W IthwkO ct.
10,449
8,S65
282
,3 0 1
2 .
Keokuk A West IthwkO ct.
333,831
11,2
324,060,
12,157
6.991
October.
8 ,627
65.873 j
L.
Erie All.
A So. ..
68,2 0 5
8 7 ,7 8 0
L. Erie A West. 4tliwkOct.
104,720 2,978,923 2,9 4 8 ,7 8 3
388 ,4 7 4
59,851
9i A Hud.. October. ..
50,506
494 ,8 5 3
Island----- 2d wk Aug 1 29,542 136,542 2,661.477, 2,6 5 7 ,0 4 0
August----294 ,2 5 3
----- ,193
37,3 3 4
50,3 0 2
4thwk Oct.
48,213
55,983 1,491,178 1 ,2 41,781
4th wk Oct.
-- 17,871.971
542 ,1 1 0 6 6 4 ,1 8 7 1--------------7 ,0 43,348
Louis.N. A. A Ch. 4thwk Oct.
92,549 2 ,9 92,689 2,7 4 9 ,7 7 4
93,3 8 3
L ou.S t.L .A T ex. Septemb’r.
51,922
37,3 4 5
6,117
Macon A Birin.. October. ..
61,5 6 5
55,441
7 ,104
M anches.AAug. August.
7,998
9.593
1,024
968
80,7 0 7
Mauistique........ October. ..
877
71.293
557
MeinpliisAChas. 3d wk Oct
28,897
29,5 8 4 1,080,812 1,1 2 1 ,0 5 7
IMexican Cent. IthwkOct,.
228,103
2 36,648 6,5 3 0 ,6 4 1 6,4 6 9 ,9 8 7
Mexican Inter’l. feeptetnb’r
145,816 194,893 1.504.429 1,398,632
tMex. National. 4th wk Oct.
112,470
143,514 3,535,418 3,7 3 6 ,2 3 9
',4 9 6 ,8 8 0
tMexican R’ way W k Oct. 28
53,0 0 0
63,500 2.539.429
124,684
Mineral Rangei October. ..
25,800
1 16,088
28,518
Mtuueap.ASt.L. October.
200,345 1,495,152 1 ,6 3 6 ,6 1 7
201,930
M.
St.P. &S.S.M
IthwkOct.,
146,399 2,7 7 7 ,7 2 7 2.6' 3 ,333
142,180
M o.K an .& T ex.. 4thwk< »cr. 436 ,6 7 9
3 35,867 8 ,3 13,513; 7,9 1 7 ,5 3 3
5 5 1 .0 0 0 2 1 ,1 13,492 2 3 ,2 67,112
Mo.Pac.AlrouM lstw k Nov 488 ,0 0 0
14,722
Mobile A Birm Septemb’r.
16,176
292,379 2 ,657,010 2,7 0 8 ,3 2 6
Mobile A O h io.. October. .
301,637
538 ,4 2 6
75,2 8 2
7 45,459
Mont. AM ex.G ii Septemb’r.
65,268
Nash.Ch.ASt.L Septemb r
448 .1 2 8 3 ,573,518 3,8 0 8 ,8 7 8
353,541
2 6 ,2 5 0
4 267
28,626
Nevada Central August —
2 ,330
210,692
N. Jersey A N .Y . August----35,5 0 8
218 ,3 4 0
32,7 0 6
1 11,444
NewOrl.ASo’n .. October. ..
12.716 * 97,327
11,074
4 ,3 50,295 4,2 8 9 ,8 7 8 39 ,2 3 2 ,9 5 6 3 7 ,6 81.481
N .Y .C .& H .R ----- October.
N. Y . L. E. A W . J u n e -------- 2 ,6 68,683 2,742,729 14,488,357 14,793,203
N. Y.Pa.<xOhio.. August----644,705 4,8 0 2 ,3 2 9 4,6 3 6 ,7 4 8
614,097
3,0 9 8 ,5 7 0 2 ,9 0 6 ,0 0 3
N. Y .A N .E n g ... J une
4 7 7 ,0 8 4
48,999
499,905
N .Y . A North’n -. October,
*57,1.52
. Y . O n t . A W . lstw k Nov
69.145
58,5 3 7 3 ,3 7 4 ,2 4 0 2.9 7 1 ,9 8 6
163,932 1 ,311.130 1 ,2 7 7 ,0 5 9
’.Y Susq. A W . . Septemb’r. 155,476
3 2 1 ,1 1 0
327.394
Norf. A South’n. Seotemb’ r.
32.313
29,362
Norfolk A W est. Ithw kO ct
1 97,890 204,902 8,3 2 3 ,0 8 2 8 ,1 1 2 .9 3 1
4 3 2 ,5 4 5
437 ,6 5 9
32,8 8 6
N’theast’n (S.C.) August—
26,9 7 0
North’n Central. Septemb’r. 58 2 ,5 4 6
650,070 5 .208,899 5 ,2 1 9 ,4 3 5
NorthernPacitic October. .. 2,2 1 8 ,1 0 0 2,9 4 8 ,2 8 5 2 0 ,2 8 9 ,8 »4 24 648 ,2 2 6
86,763
96,583 1,843,353 1 ,9 71,848
Wis. Ct.Lines. 3d wk May
Oconee A W est. Septemb’r.
1,94'“
393,694 3 ,458.248 3 ,4 9 6 ,8 0 6
35 0 ,1 4 3
Ohio A Miss....... October. ..
645 ,0 0 6
6 83,360
22,8 1 0
Ohio R iver......... 4thwk Oct.
21,197
4 7 8 ,8 7 2
488.163
59,392
Ohio Southern.. Septemb’r.
44,758
380 ,5 9 4
365,458
53,614
40,2 0 2
Omaha A St. L .. August----343,341 2 ,9 02,601 2,0 3 1 ,9 2 3
Oregon Imp. Co. Septemb’ r. 3 68,820
166,905
243 ,5 3 4
17,778
Pati.Tenn.AAla. October. ..
3 8 ,630
155.676
178,746
20,435
16,852
Tenn. Midl’d .. October.
Pennsylvania... Septemb’ r. 5 ,3 9 1 ,5 1 0 6 ,0 9 8 ,0 2 4 5 0 ,3 0 3 ,0 5 0 5 0 ,5 9 8 ,7 5 1
717,741
726,432
26,100
PeoriaDeo.AEv. 4 tli wk Oct.
21,682
413,941
4 0 8 ,6 2 0
37,5 6 4
Petersburg.
Septemb’r.
38,268
536 ,8 7 7 3 ,902,172 3 ,7 9 8 ,0 2 5
Phila. A E r ie ... Septemb’r. 4 6 4 ,3 8 7
Phila. A Read’g Septemb’r. 1 ,946,596 2 ,164,923 16,635,177 16,853,351
Coal A ir. Co.c. Septemb’r. 2,* 90,003 1,902,649
Total both Cos. Septemb’r. 4,236,599 4,0 6 7 ,5 7 2
1,567; 163 7 ,132,453 6,9 0 2 ,2 3 5
Lehigh Valley May........
3 2 ,8 6 2
29,574
3 ,967
Pitts. Mar. A Ch. October.
2 8 5 ,1 8 2
317,764
43,073
Pitt.Sben.AL.E. Septemb’r.
52,4 3 4
1,3
4
3
,2
5
8
1
,163,518
124,739
144,599
Pittsb. A W e s t-- O ctober...
534,758
688,697
62,7 7 0
82,895
Pitts. Cl. A Tol Ootober. ..
266 ,5 8 7
313,191
28,585
36,904
Pitts. Pa. A F. O ctober...
66,491 2,3 4 5 ,2 0 5 1,9 6 4 ,8 6 7
75,1 6 9
Total system. Ithw kO ct.
9
7 0 ,9 4 3
9
75,654
134,038
94,622
Pitt. Young, a a . August----146 ,5 8 0
1 79,797
15,999
3 6,106
Pt. Roval A Aug. August___
]
7 0 ,5 0 2
202,118
1 9 ,1 6 9 1
21,593
Pt.Roy.AW.Car. August___
2 3 4 ,5 9 3
222,482
25,767
24,2 3 9
Quincy O .A K .C . October. ..
896 ,1 6 8 1 ,044,840
Rich’d A D a n v . O ctob er...
213,705 191 ,0 5 0
Georgia Pac.. October. ..
508 .8 6 5
522,448
55,8 0 0
45,523!
Rich.Fr’ksb.&P. August___
2 6 7 ,1 1 3
262,381
23,592
25,555
Rich. A Petersb. Septemb’ r.
5 5 2 ,3 6 9
407,791
Rio Gr. South’ u. Ithw kO ct.
9 ,708
36,5 0 0 1 ,934,893 2 ,2 4 1 ,8 3 9
35,9 0 0
Rio Gr.W est’n .. lstw k Nov
1 0 3 ,5 7 3
108,461
13,8941
Sag.TuscolaAH. October. ..
11,515
69,8 3 8
7 1 .0 0 9
9 ,0 3 7
7,902
Sag.Val. A St. L. Septemb’ r.
1
,2
3 2 ,4 4 2
1
,306,594
45.4 7 0
4 5 ,0 8 0
St. L. A . A T. H. ithwkO ct.
24 753
22,4 3 0
3,048
3,002
St.L.Ken’ etASo. October.
3
,6
3
1 ,3 5 5
170,450, 3,9 5 6 ,0 4 6
216 ,4 7 3
St.L.Southw’rn. Ithw kO ct.
1 94,242 248,499 1 ,468,605 1 ,7 2 6 ,7 6 0
St.PauI A D u l’th October.
1
,1
5
0 ,1 5 4
2 2 5 ,4 6 4 1,2 8 6 ,0 5 0
San Ant. A A .P . Septemb’r. 188,521
688 ,2 8 9
65:■>.0 -7
19,953
18.095
S.Fran.AN.Pac. 2d wk Oct.
4
3
0
,4 8 0
412 ,6 3 9
57,131
4 4 ,9 6 5
8av. Am . A Mon. O ctober...
1,5 5 2 ,4 2 7 1 ,6 5 3 ,2 0 2
Bav.Fla. A West. J u n e ..........
7
9
,0 0 9
53,962
13,253
" ’ 7 ,5 0 0
October.
Silverton.
157 .8 6 5
150,759
30,742
28,5 7 0
Sioux City A No. M a y .:........
1
5
7
,4 2 0
1 89,130
22,5 0 0
21,000
South Bound----- October. ..
119,755 136,445 1,0 6 6 ,6 5 6 1 ,0 8 2 ,6 2 7
South Carolina.. O otober...
So. Pacific Co.—
G al.H ar.AS. A Septemb’r. 3 2 3 ,4 9 4 48 1 ,3 5 8 3,086,411 3 ,2 2 6 ,7 9 2
7 5 0 ,3 2 1
80,809
9 4 ,6 8 7
8 0 0 .2 8 0
Louis’ a W e st.. 8eptemb’ r.
Morgan’ sLAT. Septemb’ r. 379 ,8 5 3 4 9 9 ,6 0 8 3,7 0 1 ,9 6 4 3 ,6 4 1 ,4 7 6
168 ,1 6 6
29,1 0 7
30,9 7 1
179,611
N .Y .T . A M ex. Septemb’r.
1 ,2 2 0 ,7 0 3
Tex. A N , O rl.. Septemb’ r. 1 20,503 143,031
9
,0
8 1 ,9 4 5
Atlantic sys ,d. Septemb’ r.
6 ,4 4 5 ,8 5 9
Pacific system Septemb'r: 3 ,29 2 :0 0 0 3 :4 2 6 .6 8 4 26:2 4 W »3 9 235
,5
3 7 ,8 0 5
Total of all. Septemb’ r.‘4 ,2 4 3 ,0 5 5 4,7 0 0 ,6 5 1 35 ,4 2 5 ,9 6 9 3--> .'3 7 -8 0 ..
CJoastDiv(Cal.)
9 9 3 ,2 5 1 1 ,0 7 1 ,0 0 1 7,0 9 6 ,3 6 0 6 ,5 5 8 ,5 9 4
August..
S o u .D iy .(C a l)
133,3651 147,093 1 ,3 40,193 1 ,2 5 8 ,8 8 2
Arizona D i v . . August___
656.09S
699 .78 8
61.4 0 4
78.6 9 9
NewMex.XMv. August ---
THE CHRONICLE
N ovember 11,1893.]
Latest Ma m t ngs Reported.
B o a d =,
Week ar Mo
1893.
[
1392.
Jan. 1 to Latest Date.
1893.
1892.
805
N et E a r n in g s M o n t h l y t o L a t e s t D a t e s .— T h e ta b le f o l 1 iw in g s h o w s th e n e t e a r n in g s r e p o r t e d th is w e e k . A fu ll
e t a ile i sta te m e n t, in c lu d in g a ll r o a d s f r o m w h ic h m o n t h ly
556
14,778
13.305 retu rn s c a n b e o b ta in e d , is g iv e n o n c e a m o n t h in th e s e
876
10,071
72.903
9.18>i
70.394
ejiar, Un. A C«I. Aneiwt ...
820,1,032
811,32!) c o lu m n s , a n d th e latest s ta te m e n t o f th is k in d w ill b e fo u n d
94,08® 93,962
Staten
R. T Septemb'r.
10,017
16,164
36,719
4 4.685
B touyC l.A tM t.. Au*twt.
933,137
902,876 in th e C h r o n i c l e o f O c to b e r 2 i. T h e n e x t w ill a p p e a r in th e
Summit Branch. 3ept“ » b ’ r. 1*11.437 114,037
795,285
86,199 111,623
798,134 issue o f N o v e m b e r IS.
L iken s Taller i— mt-raVr.
T-jt'i borh Co' - Seplemb’r. 19*1,636 225,679 1 ,7 2 s ,422 1.761.310
-Gross E xn iin ys.-iVef E a rn in is.171,654 161.4311 7.4- 4 ,e.: . A.537,508
Texas A Partite..Ist-wk \m
1892,
1893.
1893.
1892.
4,319
____
44.755
40,173
6,160
T 0 X-8 .AV.AV.lv O rt.-l-r, ..
Rl'ldt
$
$
8
$
45*980! 1,691,416 1,003.400
Tol.AOUi:> Cepte-lstwk N ov, 31.739
437.400
Burl,
Ced.«t.
&
SVi.R.Sajjt.
430.037
168.683
101,501
25,112!
25.061
818.070
822,879
To!. F. A Wert . itbwkOnt.
Jan. 1 loSeoE. 3 -» .... 2,919,731 3,(U 0,“ 67
721.2-38
776,389
40,456:
70,875! 1.491,6:18 1,858,199
T o l.S t.L .A K .C . IthwfcOct
284,521 Chic. A w. M ich.... Sapt.
56,026i
58.007,
291,08 «
41,140
171,536
204,302
O u tle t* B e l...... A ugu st....61.587
243,773
C olon Faciac— ;
Jan. i so Sept. 3 < ).„ . 1,125,763 1,479.448
395,301
Or.8.L.& 17. X l o c u s t .... 421,701! 633,544 4,103,362 4,624,579 Dot. 1. it)**. A N’ or.a.S ep t,
104,015
23,800
122,287
39,318
. .
*2,3 4,005 *2,717,3-14
337,255! 373,444*
Or.B y .& K.Co !
171.315
913,633
Jau. 1 to Si-id. 3 * .. . .
993, ’ 8 5
236,769
297,310 510,143 3,135,889 3,750,035
0 . Pae. D A G . August---160,115
G
eorgia...................a.-Oc-t.
167.393
73.793
94.348
31.140.
9572535
1,029,115
■
•B L J o A G d -M -: HSrrtOet.:
Jan. 1 to o c t . 3 1 . . . . 1,122,014 1,207.439
288.778
259,255
AH otherwise*. a c s '-iM - .. 1,496,719 2,229.590 13,035,91* 14,730,370
512.401
176.391
July 1 to Odfe 3 1 ___
453,298
lo ? ,2 9 4
T otU .R S y * .’ A u sm t---- 2,545,019 3,888,705 23,718,37“ 26,591,639
139,079
664,3 <4
831.295 rillnol* Central.—a S e p t 2,5*3.221 1,878,110
08nt.Br.& L.L. August ----74,711
816,481
551,608
90.873. 551,37a
727.111
Jan. I to Sept. 3 0 ....1 8 ,1 5 0 ,4 6 4 13,797.065 4.918.60 2 3,196,418
Montana l !s ~ .vugurt......
71 .1 2 '
2,755
17.7191
23,111
L eav .T op.A 3 . Ailsnist----2,511
July 1 to Sept, 3 9 . . . . 5,369,409 4,803,107 1,970,453 1,031,321
3 ,2 0 :
27,100
25,309 Kanawha A M ich.b . Sept
Man.Al.4: B u r .'A j? u -*___
3,130
11.12 5
34,057
32,238
12.370
Gr’ tid total t August— 2,658,11 4,075,230 24,680,791) 27.803,714
267,531
Jan. 1 to Sapt. 3 0 ___
90,127
80.8 18
280,903
............
88,804*
89.301
Vermont Valley June ............................ I
30.80 4
93.072
95,431
July
1
to
Sapt.
3
0
___
30,301
26 3.0 DO 11,877,605112,093,305
271,Ou<>'
W abash..............DtwK Xu>
.54,102
194,893
145.916
73.371
7,903
62,561:
49,860 Met. lnternatloaal..Sept,
W a b .C h e ».* W . lo c u s t —
7,185
Jno. 1 to Sept. 30___ 1,504,429 1,3 *8.032
523,74 4
400.316
West J e r se y ,.... aeiitt inb'r. 153,219 169,053 1,313,398 1,354,329
94.389
839.342
815.830
308.201
W .V .C en.* Pitt* Septemb’ t. 101.360
100,38.8
y .Y . Out. A W est.*..Sept.
3 43.230
76,037
3rtel3<*
271,451,
212, *70
West V*.& Pitta. August. . . .
35,398
Jau, 1 U) 8«ph 3 0 ... 2.938,110 2.609.9 59
672.357
735.392
174,212 92*. 130
865,022
1,132,129 1,013,422
West. Maryland. :3eo«-iaV r. 129,101
July 1 to Sept. 3 o .
326.003
3o*,162
W est-X.Y. A P » Ithw kG ct
R3.no* 105,20 - 2,.*70,035 2.910,.', ,’ Oregon Imp, C o.a.-.Sept.
71,329
104.316
343,312
338,8 20
26,932 1,322,421 1,215.767
Wheel. A L. Erie Utwfc No*
24.7*7
533,991
Jan. 1 to Sept. 3 0 .... 2 ,0 0 2 .0 0 2 2.931.9 i l
538,548
2,74“
10.233
IS*. 96
WIhCbad. AC o e .j M M O a t 2 , < H »
Deo. 1 to Sept. 3 o ___ 3,204,218 3,229.702
623.330
584,676
4)5,392
411,1
>J
SOS,799
W ». 4)01. A Ail.- : August---- j 36.911
40 4.33 7
172,148
533.877
210.959
6.332
............
............ Philadelphia A Erie.Sept.
Wriuthtev.* Ten.- .9»t>t*oib*r. f
8.793
Jan. 1 to Rapt. 3 0 .... 3,902.172 3,738,025 1,215,832 1,091.011
• Includes Col. MM. tu 1HU3 »u«t 1092 tor work and year to date. Sag. Valley A St. L . Sapt.
7,902
2.374
1.972
9,037
) Include* Milwaukee A Northern tor aU periods.
2 0 .6 /0
71.003
J*n. l to Sept. S o —
16,350
09,838
S I Delude* Hi*. CWkttni to Septem ber 28 inclusive fo r both years,
69 ,6)5
235,46 4
183.531
91.271
a Figure.* cover only that part o f mileage located la soa tn Carolina San A til A A ran P . Sept,
156,660
JitU 1 to 3«pt. 30 . . . 1,280,030 1,1.50,154
49.4 32
h Earnings given are on whole Jacksonville Southeastern System
e The bOAtnc-sof the Lrtilah Valley and Lehhjh A Wllkesbarro <i«- Southern Paotfte Co.—
psirttbent* is h ot Included. d ! Qelude* earning* from ferries, <*t**..
10 4,865
187.201
6*1. If. A a A n t.•>.Sept.
3 2 1 .1 4 1
181.358
not i s
“*p»ras#ty. I Mexican currency, e Tot. Col. A Oln. iuolnded
Jan. 1 to S apt 3 o .. 3 ,0 8 d .lU 3,223.792
6 46,731
692,808
for the » e * a and since J « . l In both years. /tn«lad**-i only half of
13,074
Loitt-lana WV“ t..bSapt..
80.009
94,687
52,463
lines in which Union Partite has a half interest, h tobiu le* for 8*n>365.7 26
349,333
Jan. t to Sept. 3 0 ..
80J.28J
760,321
tenther •sarrtags, o f Milwaukee t a k e S to re & W estern to bottl year a
73 163
121.174
ITgan * Lx A r .b S e p t.
379,45.3
139.303
i f tofu If * Oaacuek St Calmaot fur O ctober oo iy .
63 S. 16 1
J#h. 1 to Sapt. 3 1
3,701,901 3,041.470
514,633
L a t e s t UrosH E a r n in g s b y W e e k s .— T h e la te s t w e e k ly
16,744
17.76(5
* .V .T e x .* M
bSeph
21.107
30,171
53,722
Jau. 1 to Sept. 3 0 ..
I ;» ,« U
168.116
41.005
e a r n in g s in t h e f o r e g o i n g ir e s e p a r a te ly s u m m e d u p as fo llo w s :
57,911
61.631
Texas A M . O b ..8 * p t .
120.S01
141,011
O u r p r e lim in a r y sta te m e n t o f earnin','-* fo r th e fo u r t h w e ek
587,527
510,604
Jau, 1 to Sapt J o .. 1,312.905 1,221.705
o f O c to b e r c o v e r s m r o a d s a n d s h o w s a loss o f 3 '3 9 p e r c e n t.
299,118
A tlantio ayatem . b Sept.
9.51,05 5 1,27 ?,*Mi7
4 19,306
Jau. 1 to sept. 3 0 .. 9.170.031 9,091,145 2,3 51,151 2,055,379
fll-TM K. Decrease.
1392.
i t k week o f
> 1,393,
Pa- :n,- iy ile-n b .Sept. 1.2112,03 ) 3.420,091 1,015.00) 1,530,022
Jau.
I to Sept 30 .36,249.933 23.415,860 10,137.337 10,430,302
•
S
*
i
14,221
Total o f a l l b . . . Sept, -1,213,03-7 4,700,851 1,912.443 1,983,828
A toh .T op .A San. P<>...... 1,251.687 1,263,911
__
4
%H i,vn
Jau. 1 to -“ apt. 3.1 .3 5 ,42 5,9d9 35.337.0 >5 ! 2.333,608 12,135,331
329.010!
B t Louis A 9-*ii Ft. ....
Salt. A Ohio southwest
69.176
75,115
5.939 Toledo A O .C en t.b..8ep t.
190,821
2 )0 ,5 2 0
74,731
72,638
.-*.4. , __
47,41)1)
53.213
7,725
Brooklyn E levated..........
Jau. 1 to .i-pL 3 0 .... 1,471.053 1,139.714
500,433
437,613
. . . . . ...
4.799
9-1,732
94,933
BaifMxo Koeh. A Plretb'*
July 1 to H-Jjd. 3 0 ___
503,733
567,201
133,216
200,963
.............
9302
146,178
1*VMB0
Bur! Cw t Bap, A N'orth.
693,000
io,oo^
Canadian Parti!**............. ■ 7011,000
a Vetext-nlmre her# given are after deduettng taxes,
236.243
273.3 il
13,078
Chesapeake A O hio.........
b S et earning* here given are before d eduotm g taxes.
_______
1 12,42 d
i :h .<*U
28,505
-Chicago A East. UUoois.
152.392
12.30!)
C hicagoG reat W estern..
140.003
I n t e r e s t C h a r g e s a n d S u r p lu s .— T h e fo llo w in g r o a d s , in
20,101
Chicago Miiw, A St. Paul, 1,312.857 1,292,756
a d d itio n to th e ir g r o w a n d n e t e a r n in g s g iv e n in t h e f o r e g o in g ,
...
50.165
52.2 U
1,74*/
o i k . A West > U e U m »...
Cin, Jiiekswri A M «W u »w
17,625
3.1 -3 also re p o r t c h a r g e s fo r in terest, & j . , w ith th e s u rp lu s o r d e fic it
20,803
7-1*27
22,301
Cleva. Afcroa A Columbus
30. *13
■
i n-?•___r
20,797 a b o v e o r b e lo w th o s e c h a r g e s .
C leT e.C in .C hic.A 8t. L ..
400,450
429,247
tnieFJ, rentuls, f - . - . —Byt._o/ STel Exrns.Current Hivr-r .................
1,820
3.529
5,3 t )
1393.
1 8 )2 .
1392.
1393.
259,100
'25,'«l)»
233.600
D enver A B io Grande....
#
8
8
RoaAt.
5,115
Detroit Lansing A So ...
31,451
36,5*73
32.753
26.793
8
.332
3 4 ,7 8 9
Okie.
A
West
M
ich.
.Sep!.
6-5,18*1
Dublin 8 ,8 . A Atlauti*-...
71.056
5,860
212,336 dof.50,142
18 2 .9 3 5
291.215
Jau. 1 to Sept. 3 0 ---B rsnsv, A Indianapolis.
4J
9,775
9,733
E v*n*v.‘& Terre Haute..
U ,-H j
38.103
3,742
26,212
553
13,076
28,2 1 2
D ot Lari*. A Nor___8«pt.
00.1)2.-,
7,440
- P ilot A Per* Mamuett.!.
73.1-15
279
2 3 6 .1 9 0 def.85,473
2 3 6 ,4 9 0
Jan. 1 to dept. 3 0 —
5,411
61.4 >7
Grand Rabid* A Indian a
66,860
3
,557
3
,3
)7
d
ef.1,535
dBf.683
Cincinnati R. A Ft. W ..
11.010
3.253 Sag. Valley A St, L..8ept14.283
33,0 1 0
3 2 ,0 1 0 det.11,340 dof. 15,660
Jn.li. 1 to Sept, 3 0 ___
Other lines.................
2.192
3.912
C.101
Grand Trunk n! Canada,
480. i 0
430.51s
48,310
141,54*
187,31-1
46 331
la t e r a l A Gt. SorUi’n
Iow a Centra!________
54.387
5.95i
48,436
A N N U A L R E P O R T 3.
Kanawha A M ichigan___
11,1*0
8,75?
2.389
56 i
Kan, City Cun, A 8 briny.
7.983
0.511
Missouri
Kansas A T exis Itiilw ay.
127,0,7
Kan. C, Ft. S. A M am ....
14,002
1 41,609
...........
Kan. City Mem, A Birin
3.5.13,
973
34.160
(
For
the
year
ending Jujie SO, ISOS.)
Kan. City Pitts. A Gulf
7.318
1,916
3,402
Kan. City Suburban Beit.
5,927
5 .9 8 )
T h e a n n u a l r e p o r t o f Mr, I f ju r y C . B m »e, P re s id e n t, s p e a k
62
K an . V. Wyatt. A X. w
111,119
8.305
1,581
in g o f th e e x is t in g r a ilw a y p r o b le m , sa y s th a t “ an ir resistib le
Keokuk A W.-*e*'ii___ . .
880
11,277
12.157
lfi.'llO te n d e n c y lias lo n g b een a p p a r e n t t h r o u g h o u t t h e e n t ir e r a il
CWke Brie A W estern.......
87. ,6 0
104.720
7,770 w a y sy stem o f the U n it e d M tatw in th e d ir e c t io u o f l o v e r
48.213
Looi*v.E v*n*v. A St. L . .
53,933
122,077 rates fo r tra ffib , an d th e o n ly m in n er in w h i,-ii rail w i f m a n
LonJivlUe A Nashville
542,110
661.187
........
L«<US. if. A lbany A Chic.
93,3*3
#2,549
834
3,543 ag ers h a v e b se n a b le to m e e t i t has b e e n b y in c r e a sin g th e
M e tlra o C entral__ ...
228,103
2 .8,643
3 5.0-14 v o lu m e o f bu sin ess a n d c h e a p e n in g th e u n it o f c o s t o f tra n s
■M-ti/' ta Sisttenal_____
143.514
112,470
lu.500 p orta tion th r o u g h im p r o v e m e n ts in t r a c k a n d e q u ip m e n t,
M exican Railway .......
53,000
63.500
4,219 th u s e n a b lin g th e c a r ria g e o f h e a v ie r tra in -lo a d s .”
MlOB. St. P. A .-. s. M .
142,180
J 46,399
*
*
*
........
Mo. Kansas A Texas ___
100,812
436,079
334,867
174,331 “ A s th e m a n a g e m e n t h a v e h a d a t th eir c o m m a n d b a t a v e r y
Mo Partite A iron Ml___
800,» 47
975.301
X , "V. Ontario ,v Western
lim ite d a m o u n t o f c a p ita l, it has fo llo w e d th a t th e re v e n u e s o f
,12 4.288
96,216
20,070
7,012 th e c o m p a n y h a v e had to bea r th e c h a r g e o f re n e w a ls a u d re
204,902
ffbrfolA A W estern,. ...
197,890
I.U13
Ohio River..................
22*310
2 .1 9 7
........
4,410 p la cem en ts w h ic h c ir c u m s t a n c e s h a v e r e n d e r e d n e c e a ia r y .
Peoria 1«.-<*. * F.raiisv
24,100
21,032
This e x p e n d it u r e h a s b een o f th e sa m e c h a r a c t e r <u p i i n t n l
Plttatrar* A W estern.......
75.168
66.491
8,673
12,591 o u t in th e r e p o r t o f last y e a r , a n d a lth o u g h it en ta ils a p resen t
B io Ofhtide Sbiithera,. . .
9,708
21.299
8,300
Rio Brandts W estern...
21,700
83.400
.............
7,332 s a c r ific e a n d p a tie n ce o n th e p a rt o f th e p r o p r ie to r s , y e t it is
**t do** jib A (Id. Island
24,808
31,1 10
3110 the o n ly m ean s o f in s u r in g th e p :r n u n e u t s o lv e n c y a n 1 p ro s
*t. L. Aft. A T. U..............
45,080
45,170
............
p e rity o f th e c o m p a n y , o f w h ic h th e p ro p r ie to r s w ill bo th e
0t. Louis 3on tb »*»ti:rn ..
2 1 6 .;r :
44,1)23
1*0,451
Texas A Par.)a*.........
313,73282,921)
30,013
u ltim a te b e n eficia ries. T h e a g g r e g a te o f sn o b e x p a n d ita r e s
Tolt do A Ohio Crfslrai...
&7tQ0J
700
ft 7,7 I f
was $013,210." * * * “ The p e rc e n ta g e o f e x le n w s h o w n
To*> do Peoria A West*#..
25,112
25,064
40
21,419 d u r in g th e p o s t y e a r is t h e r e fo r - n o ; to ba c o n s id e r e d t h e
Trd. St. I,. A Kan. C ity ..
v 0,875
4H.IM
4,287 r a tio w h ic h sh o u ld c o n t in u e w h -u th e p ro p e r ty s i ill h a v e
Wabash ..............................
432,374
428,037
23,200
W ester*X . Y . A P e o n ..,
84.000
IISA&X
r e a c h e d a s a t is fa c t o r y s ta n d a r d o f p h y s io it c o td ition .
Whertlng A Lake E n «
43,.*? j
41,093
1,730
T his r a ilr o a d is fo r t u n a te in tic- d iv e r s it y o f th e p ro d u c ts
730.466 w h ic h c o n s titu te its p r in cip a l fr e ig h t , a fa c t w h ic h d im in is h e s
1163 r o a d g i.....
10.746,932 11,123,130
351,208
Wet dneiwsM 13 38 n o %
1 376,198 in s o m e d e g r e e th e u n fo r tu n a te co n s e q u e n c e s th a t w o u ld
8 0 ttihA 2Sor.Car A nzn-t— i
806
THE CHRONICLE.
result from the failure of a single crop, or from adverse con
ditions affecting some special line of business. In the extra
ordinary commercial depression which has prevailed through
out the entire country, the loss of revenue by the company
has been much less than by many of its neighbors or rivals.
The report says that the past year has witnessed the com
pletion of the important works of construction which have
so long engaged the attention of the management, and this
has been accomplished without exceeding the resources de
voted to the work, as set forth in the last annual report; so
that the system emerges from the construction of more than
300 miles of new line entirely free from floating debt or finan
cial embarrassment of any kind.
Comments are made upon the events of the year that have
transpired in regard to the subsidiary railroad companies, but
these have been fully noticed in the railroad news of the
C h r o n ic l e at the time they occurred, and the Missouri
Kansas & Eastern road was referred to’ last week
on page 764.
The report states that the South
western Coal & Improvement Company has contihued
to afford a large and increasing tonnage to the railway,
in addition to greatly cheapening the cost of fuel, and the net
profits made by the coal company have sufficed to pay interest
on all its own obligations, leaving a surplus, which has been
expended in improving the capacity of the works.
During the year the northern portion of the Indian Terri
tory known as the Cherokee Strip has been opened for set
tlement and has led to a large immigration, from which this
company will benefit in some measure, although most of the
territory alluded to is west of its line.
The statistics of operations, earnings, etc., for four years,
and balance sheet June 30, 1892 and 1893, have been compiled
for the C h r o n i c l e as follows :
1889-90.
Miles oper’d June 3 0 ..
1 ,774
Operations—
Passengers carr’ d, No. 1 ,2 6 2 ,8 0 7
Pass’rs carried one in. 64 .1 0 5 ,8 3 7
Rate per pass, per in ..
2*74 cts.
Tons freight carried..
2 ,082,904
Ton8freightcar.onem .5 55,966.783
Rate per ton per m ile.
1*11 cts.
Passenger......................
F reight............................
Mail, express, etc........
1890-91.
1 ,7 2 4
1891-92.
A v. 1 ,674
1892-93.
A v. 1 ,712
.............
1,5 0 2 ,4 7 8
1 ,521,715
............. 6 8 ,6 4 3 ,4 3 2 6 9 .1 34.637
.............
2*725 Ct8.
2*744 cts.
.............
2 ,4 1 5 .0 1 4
2 ,8 2 8 ,9 3 2
............. 65 3 ,1 1 4 ,6 2 7 7 5 2 ,4 4 5 ,0 1 4
.............
1*121 cts.
1*046 cts.
1,7 5 7 ,6 6 8 1,9 1 8 ,8 8 4
6,2 0 1 ,5 6 2 6 ,918.355
58 6 ,5 4 7
515,252
1,8 7 0 ,2 6 9
7 ,3 1 9 ,9 1 2
56 0 ,3 8 2
1,896,987
7 ,876,357
614 ,8 4 7
T o t a l........ ...............
8 ,5 45,775 9,3 5 2 ,4 9 1
9,7 5 0 ,5 6 3
Expenses—
Transportation...........
5 2 .668,353
|
4,1
6
5
,1
7
6
4,0
4
9
,6
2
3
Motive power...............
\ 2.019,288
Maintenance of w a y .. 5 1 ,7 56.053 1,253,243
1,5 7 5 .7 3 6
Maintenance of cars..
3 14,317
3 07.323
261,166
General..........................
855,040
347 ,6 0 3
45 9 ,9 2 0
164 ,6 5 4
T axes................................
164 ,7 7 0
2 86,873
10,388,191
N et earnings.................
Per ct. of exp. to earns.
6 ,747,803 6,5 8 3 ,8 4 2
1 ,7 97,972 2,7 6 8 ,6 4 9
2 .6 6 7 ,6 1 2
2,2 2 0 ,2 6 3
1,867,267
532,701
336,185
186,706
7,3 1 7 ,4 9 3
2.4 3 3 .0 7 0
lb -1
7,8 1 0 ,7 3 4
2.5 7 7 .4 5 7
75*2
1891-92.
*
2 .4 3 3 .0 7 0
1892-93.
$
2 .5 7 7 .4 5 7
20,0 3 3
INCOME ACCOUNT.
Receipts—
Net earnings.................
T o ta l........................
Disbursements—
1889-90.
1890-91.
$
*
1 ,797,972 2,7 6 8 ,6 4 9
19,752
5,929
1 ,8 1 7 ,7 2 4 2 ,7 7 4 ,5 7 8
2 ,4 3 3 ,0 7 0
2 ,5 9 7 ,4 9 0
2 ,2 5 9 ,8 2 7
63,0 7 4
3 1 ,2 2 6
2 ,3 5 9 ,4 4 3
74,7 1 7
Total..........................
124,067
870,977
Burplus........................... *1,693,657 ’ 1 ,9 03,601
2 ,3 5 4 ,1 2 7
78,9 4 3
2,359,443
238,047
Renewals, & c.................
Other accounts.............
*7 96,260
124,067
* In 1889-90 and 1890-91 the road was in receivers’ hands, and inter
est was not paid.
CONDENSED BALANCE SHEET JUNE 3 0 .
1892.
Assets—
$
Road and equipm ent___ * . .................................... 1 25,607,022
Bonds and stocks.....................................................
1 ,1 3 0 ,1 6 4
C ash...............................................................................
68 8 ,9 7 7
Due from agents, individuals, &o......................
59 7 ,9 7 4
Materials and supplies...........................................
427,301
M iscellaneous.............................................................
1.645
Income account.........................................................
9 ,386
1893.
$
128,04 3 ,5 6 5
1,3 0 6 ,4 3 6
5 68,346
6 0 1 .6 5 4
350.655
151 ,7 4 4
Total........................................................................ 1 2 8 ,4 6 2 ,4 6 9
Liabilities—
Stocks (see S upplem ent ) ................................. . . 61 ,7 7 0 ,0 0 0
Bonds (see S u p p lem en t ) ....................................... 6 2 ,5 40,000
Reorganization Committee...................................
1,173,044
Securities sold.............................................................
356,693
International & Great Northern R R . __...........
326,007
Mo. Car & Foundry Co., deferred payments.
6 05,389
Streets West, stable Car line deferred pay’ ts.
302 ,3 9 6
Interest due and acerned not due......................
357 ,9 4 4
Vouchers and pay rolls.......................; ..................
828 ,7 0 6
Miscellaneous.......................................................... .
202 ,2 9 0
Income account.........................................................
1 3 1 ,0 2 2 ,4 0 0
Total......................................................... ............. 1 2 8 ,4 62,469
1 3 1 ,0 2 2 ,4 0 0
Wheeling
& Lake
[V ol. LV1I.
“ The company has long felt the need of adequate facilities
for division terminals somewhere near the centre of its line
of road, and last winter, with the aid of the authorities and
citizens of the city of Massillon, secured eligible ground for its
accommodation at that city. A large terminal yard is now
about completed at Massillon, which will greatly simplify and
improve transportation. This yard will be the terminal point
of the two divisions of the road, and through its use the
handling of trains will be greatly facilitated and econ
omized.” * * *
“ While the contract relations at Wheeling with the Wheelrng Bridge & Terminal Company have been of much benefit,
there are much greater advantages to be secured by the ex
tension of our own tracks to a direct connection with many
of the industrial works in and near that city. W ith such ex
tensions, now under way, and a continuance of our relations
with the companies terminating at Wheeling and vicinity, we
can safely count upon a large and steady growth of trade.
The traffic during the fiscal year under consideration to and
from the Ohio River district showed a steady increase each
month until the general contraction in business began to affect
it during the mouths of May and June. In future the trans
portation of coal from West Virginia and Western Pennsyl
vania mines will form a material part of the company’s busi
ness by way of Wheeling.” * * *
“ In conclusion, attention is called to the fact that the in
crease characteristic of the business of this company during
preceding years has been fully maintained during the year
now under review.” * * * “ While the surplus' of some
8150,000 shown by the books to the credit of income account
on the 30th day of June last, and the reasonable expectation
of an increased business during the coming year, might justify
an increase in the dividend rate, yet in view of the recent
financial disturbances, the effect of which has not fully worn
away, the directors consider it wise for the present to adhere
to the recent rate of dividend payments, while confidently
anticipating that the condition of affairs will justify an ad
vance in the near future,”
Statistics for four years have been compiled for the C h r o n i
c l e as follows :
EARNINGS, EXPENSES AND CHARGES.
1889-90.
$
815 ,1 9 2
154 ,1 7 7
7 8 ,0 5 0
1890-91.
$
962,706
1 7 8 ,4 -4
84,125
1891-92.
S
1,104,036
17 5 ,4 3 0
150,612
1 8 92-93.
$
1,2 3 0 ,2 7 3
200,095
1 6 5 ,6 2 3
Gross earnings...............1,0 4 7 ,4 19
Operating exp’s and taxes. 6 r9 ,3 3 1
1,225,305
7 7 2 ,7 7 0
1,4 3 0 ,1 2 8
917,123
1 ,595,991
1,0 4 8 ,1 0 7
Net earnings................... 3 98,088
Deduct—
Interest paid.......................... 187,500
Dividends paid...................... 144 ,0 0 0
Miscellaneous................. ..........................
452 ,5 3 5
513 ,0 0 5
5 4 7 ,8 8 4
290,542
167,000
761
301,133
2 25,000
19,782
3 2 0 ,6 9 4
1 8 0 ,0 0 0
1 4 ,9 4 1
Earnings fro m —
Freight.....................................
Passenger................................
Mail,express and miscell’s*
T o ta l.................................. 3 3 1 ,5 0 0
B a lan ce................................. sur. 66,588
4 5 8 ,3 0 3
545,915
5 1 5 ,6 3 5
def. 5,768 def. 32,910 sur.32,249
* Includes interest, rents, &c.
condensed
Assets—
balance
sh eet
1891.
$
Road and e q u ip m e n t..............1 5 ,7 16,739
Stooks of other companies................
835 ,0 0 0
Belt Railw ’y construction account
92,305
Cash................................
27,233
Supplies on hand......................
6 3 ,9 0 4
Due from agents, & e................................................
Net ourrent assets...............................
T o t a l................................................. 16,735,181
Liabilities Stock, preferred................................... 4 ,5 0 0 ,0 0 0
Stock, common..................................... 6,0 0 0 ,0 0 0
Bonds <seo S u pplem ent ) ................. 5,9 3 0 ,0 0 0
Interest on b o n d s ..............................
104,792
Net current liabilities........................
49,122
Income account...................................
151,267
Total
1 6 ,7 35,181
JUNE 3 0 .
1892.
$
15,716,739
895 ,0 0 0
146,841
89,8 4 4
• 37,178
1893.
$
1 5 ,9 4 2 ,0 0 3
9 4 5 ,0 0 0
1 7 5 ,8 8 4
177,949
6 3 ,4 1 8
4 3 ,0 3 1
5 4 ,2 3 7
1 6 ,8 85,602
1 7 ,4 0 1 ,5 2 2
4 .5 0 0 .0 0 0
6 ,000,000
6.0 0 6 .0 0 0
106,375
154,870
118 ,3 5 7
4 .5 0 0 .0 0 0
6 ,0 0 0 ,0 0 0
6 .6 3 2 .0 0 0
118 ,9 1 6
1 6 ,8 85,602
1 7 ,4 0 1 ,5 2 2
150 ,6 0 6
Central Vermont Railroad.
6 1 ,7 7 0 ,0 0 0
6 4 ,9 7 5 .0 0 0
1 ,363,813
409,155
493 .1 7 9
2 6 0 ,6 3 4
4 6 6,6 19
8 4 3 .5 6 9
211 ,7 6 9
228 ,6 6 2
E rie Railway.
(F o r the year ending June 30, 1893. J
The annual report states that “ the condition of the property,
nail its branches has been not only maintained, but much im
proved, and it is now better able to bear the wear and tear of
the company’s steadily increasing business than heretofore.
A mateiial betterment of the rolling stock has been made.
About twenty-five per cent of the increase in operating ex
penses consists of the co.-t of re-building freight cars and
passenger coaches, which are in better condition than for
several years previous.
* * *
(F o r the year ending June 30, 1893.)
The annual report of President E. C. Smith says that during
the past year extensive improvements have been made to the
property, the most important being those made at St. Albans,
consisting of a new shifting yard, a new coal trestle and chute
for coaling locomotives, and a double-track from St. Albans to
Swanton Junction, a distance of 6’2 miles. The new yard has
furnished great relief in handling the freight traffic of the
company passiug St. Albans.
The double track from St. Albans to Swanton Junction
facilitates very much the increasing traffic of the road. About
60 trains and wild engines pass between St. Albans and Swan
ton Junction every twenty-four hours, or one in about every
twenty-fire minuies.
A large number of substantial iron bridges have been pur
chased, to replace old wooden structures, during the past
year.
The bridges added to the Rutland Division have been, or
will be. p ud for out of the Rutland Railroad Ioimovement
Fund, lurnished by the Rutland Company under the pro
visions of the lease of that railroad.
The report concludes with the statement that of the im
provements and additions, “ a portion have been paid for orft of
earnings, a part of the balance out of the sale of old scrap col-
N ovember 11.1893.]
THE CHRONICLE.
807
" A second track has been laid between Mas3apequa and
Babyl m, giving double-track line from Long Island City to
Babylon on the south side, and with the Central track from
Beth page Junction making practically three tracks to Baby
lon. Also second tracks Long Island City to Winfield and
Mineola to Roslyn. Seventy-six and eighty pound rails have
been laid during the past two years for all these improve
ments, as well as for ordinary renewals, about 10,000 tons in
all, making our track much more substantial.”
The passenger earnings for the fiscal year ending June 30,
1893, decreased 82.501: the freight earnings increased ST 12,755;
the miscellaneous earnings increased §18,563 ; making a total
increase of §128,81-1,
[The comparative tables of earnings, expenses, charges, &c,,
1992-93. and the balance sheet, were published in the C h r o n ic l e of
.$1,'•05,321 October 7 on page 594,]
lected from all parts of the road, and the remaining balance
has been paid for and is earned in the floating debt. Under
the provisions of the consolidation of the Vermont properties
(referred to in the report for last year) and the subsequent
issuing of bonds thereunder, the company holds five million
four per cent consolidated bonds, available for the payment
of all debts and for future improvement of the property.
Your board has not deemed it advisable to force the sale of
any of these bonds in the present condition of the money
market, preferring to carry the floating debt on temporary
loans, which they have been able to do without difficulty."
In the years eliding June 30 the revenue account was as
follows :
JUxtipt*—
RKCKIPT* AVII EXl-KSSt'.S.
P M M o B l'r*........
1891-92.
10.03 1
.
M a i l s ......................
lut.271 -
63,510
. 3,231,1)81
.
425.137
113.948
15.930
E xpress...............
F r e ig h t.........
Lata> steamer* .
Sound steamers
Other s o u r c e s -
Total.........................
#5,150,562
Expenditure*—
Maintenance w a y ...............
#49-1,833
•*
equipm ent................................
S3 ...515
101,319
72,539
3.212,310
118,523
173,307
90,917
$5,571,398
305,323
311,806
1*3,699
#163,883
155,164
2,110,753
135,071
317,697
173,035
T otal....... ............................................. *3,785,697
Net rev en u e.................................................... $ M > il,8 9 5
*3 ,9 8 5 ,6 0 7
$ : ,588,701
Transportation................................
2.007 .-U 8
-a m e n d e x p e n s e * .......... ............................
Lake steamer *.................................................
Sound •learner*.....................
INCOME ACCOUNT.
Net earning*.........................
Ueeluet—
Taxes ..................
Interest on hoods ...............................
Interest on flouting d e b t .............................
B ent* o f leased lin e * ....................................
Net eautla#* O. r. c o m p a n y ......................
1891-92.
81 ,6 6 1 .8 9 3
1892-93.
$1,589,791
$120,589
357,751
89,767
8 8 1 ,2 9 1
60,551
$129,353
337,751
88,085
#1,320,055
$1,573,528
$13-1,940
$18,263
balance, surp lus............................
To exceptional expenditures for improve
ment.-,.............................................................
111,719
B alance......................................................
$23,191
805,113
100,926
Long Island Railroad.
( For the year ending June 30, 1803.J
The annual report of this company lor the fiscal year ending
June 30, 1893, is jm t issued. The CHRONICLE, using the figures
submitted to she Railroad Commiwsionm. gave tins statistics
a month earlier in the number of October 7 on page 50 i.
President Corbin remarks that “ very large improvements
to the property having been made during the past two years,
and aa no report covering them in detail haa been sent to
shareholders, it is deemed proper that this report should em
body some portions of the previous year’s operations. List
year the large station and extensive yard at Long Island City
were fully completed, including a new electric-light plant to
replace one destroyed by lire. Also a large three-story brick
stable for the accommodation of our horses, express and cab
equipment, with stalls for 175 horses. A t Flatbush Avenue,
Brooklyn, there lias been built a new and handsome brick
and iron station ; the entire yard re-arranged and additional
tracks la id ; all governed by a complete interlocking plant,
enabling the handling of the large number of train* on that
division with much greater facility. At Carlton and Atlantic
avenues, Brooklyn, a Commodious freight house haa been
erected and a complete yard laid out, covering an entire city
block. This gives much needed freight facilities in the citv of
Brooklyn. A new brick round-house, with iron trussed and
slated roof, and capacity for 23 locomotives, haa been erected
at Morris Park." * * * "The Metropolitan Ferry franchise,
boats and a large amount of valuable real estate have been
acquired, giving the company a much-needed direct counce
lion of ii- own with New York City, via East Thirty-fourth
Street and James Slip. The fleet of seven boats has besn m - daruized and very generally renewed physically.
■During the year the company purchased the Stewart Railload, comprising the roads from Floral Bark to B-thpage,
14‘67 mats, and from Garden t lit? to Hempstead, I T T miles,
and issued $ itsM)00 purchase moory bonds at the raw of 1 per
dent per annum interest, of which amount $175,000 remains
in the hand* of the Central Trust Company, trustees under
the mortgage, to oe issued only for the purpose of d »uW«
tracking and other important Improvements of that read. This
line has h eretofore be* n operated under a lease.
“ A controlling interest in the Prospect Park & Corny
Island Railroad, running from Ninth Avenue and Foutteentn
Street and Fifth Avenue and Thirty-sixth Street, Brooklyn, to
West Brighton, Go&ey Island, haa been acquired. It is
believed fnat ibis property will be a most valuable feeder
to our present system. In consideration of a guaranty by
this company the annual inter*-*' on the greater part of the
hooded indebtedness has been reduced from seven and six per
cent to four «r,d one-half per cent, thereby considerably de
creasing fixed Charges," * *
“ A new express building with passenger waiting room has
been erected at Thirty-fourth Street, with electric-light, plant,
and the terminal there greatly improved in a p p e a r a n c e and
facilities, A new ferry waiting room has also been built at
Long Island Citv." * * *
New York & Northern Railway,
f For the year ending June SO, 1893.)
The increase in passenger earnings over the previous fiscal
year was §15,471; increase in freight earnings, §76,475; in
crease in operating expanses, §100,904. The report says that
the Increase in both earnings and expenses is almost entirely
due to through freight and passenger business interchanged
with the New York & New England Railroad. "F o r about
a year and a-half previous to May, 1892, no traffic arrange
ments with the New England Road existed, and all through
business from New England points was handled by other
routes; at the clone of the last fiscal year joint- tariffs were
agaiu issued and the relations that previously existed were
resumed; net earnings derived from this source have been
unsatisfactory, a* it was not until the close of the present
fiscal year that the business formerly handled by this route
was recovered, although in order to take care of the traffic
offered u was nee* **try to maintain the regular train service.
The resumption of this business involved expenditures for
additional marine equipment and for repairs to terminal
property.”
In the l ist annual report reference was made to the action
of the second mortgage bondholders upon the default of the
coupon due June 1st, 1892. In reference to the work of the
bondholi* rV committee the present report states that “ at a
meeting of the committee held March 2d, 1898, a sufficient
number of bondholders not having subscribed to the prelimin
nary agreement, or liaviug deposited their bonds thereunder,
and request in writing that the agreement be terminated be
ing presented to the committee, signed by a majority of the
subscriber* of the bond* deposited, thereupon, in accordance
with it* terms, the agreement was declared terminated; and
all the bond* deposited thereunder with the Knickerbocker
Trust Company have since been withdrawn. The earnings of
the company have continued to be inadequate to meet the
payment of the interest on the second mortgage bonds, and
suit has been instituted by the trustee to foreclose the mort
gage.”
Statistics fo r three years, com p iled fo r the C h r o n ic l e , sh ow
aa fo llo w s :
OI*EEATION9,
1891-92.
1890-91.
1,893,329
Passengers carried.......... .........
1.653,889
PtuuMrageni carried one m ile .... 12,773,855 14,680.970
218,510
206.035
Ton* of Height carried .............
8.255,183
Tons o f freight carried one mile 7,332,701
EABHERGS AND EXPENSE*.
1892-3.
2,003,057
16,109,889
275,292
12,760,321
1890-91.
#
207,252
201,387
14.780
1891-92.
$
282,505
224,250
14,137
1892-93.
$
297,976
300,731
17,597
183,425
Earnings—
P assen g er......................................
Freight............................................
MMt,
............... .
•*
521,218
016,301
06,705
4 4,343
233,303
50,708
05,703
45,410
21(3,010
38,1*1
70,566
51*640
369,271
58,985
413,201
T otal........................................ .
70,161
Net luiruitm* ..............................
INCOME ACCOUNT.
157,610
63,509
559,462
56.812
189-1 92.
$
03.589
5,708
1892-93,
59,152
. . ... .....
188,000
6.073
Total .........................................
E m m ses—
Mail,tensile*- o f way. A;,-. . ------MiiiBtes&ticsis o f ecitflptoimt,. . . .
CowlneUav tran spurtalion........
Oe.uorol amt Mutes .................... .
Receipt*—
Not eaniinu* .............................. .
Other Incom e.................................
1890-91,
*
70.163
8-1
T ota l.......... ............................ .
Deri m i—
Intercut on funded debt ............
oth er Intermit anil m iscellaneous
tjoustnicllon charged to Income
70,219
69,367
£0,000
893
14,089
134,667
2,675
21,535
T o ta l..........................................
D eficit.......................... ...............
73,582
5,333
158,877
89,510
GB.VEBAt, BALANCE SHEET JUNE 30.
1892.
1891,
*
A 9$Ct4—
$
Cost of road and equipment. ... 13,208,518 13,502,314,
10,500
10,500
other nermunom Investm ents..
35,030
34,865
Sntudles on hand ..... ................
12.221
10.779
Due by axis, of tills Co...............
8,995
10.925
Due by others ............... ...........36,622
37,862
Due by companies and individ’is.
4,030
12,508
Cash on band ............... ...............
211,735
93,971
1,402
Profit and loss..... ..........................
Total asset*............................ 13,600,154
13,703,591
56,8-12
2,610
191.073
134,621
1893.
*
13,565,967
10,500
40,3X4
15*425
32,113
42,753
9*782
228,595
13,015,419
THE CHRONICLE.
808
Liabilities—
Capital stock, com mon.................
Capital stock, preferred.............
Funded d e b t ...................................
Loans and Rills payable— .......
In t. on fund, debt due and ao’r’d.
Due companies and individuals.
W ages and supplies ...................
Equipment trust certificates—
1891.
$
3,0 0 0 ,0 0 0
6,0 0 0 ,0 0 0
4 ,4 0 0 ,0 0 0
4 1 ,0 0 0
15,0 0 0
48,6 8 4
.............
9 5 ,4 7 0
Total liabilities........................ 1 3 ,6 0 0 ,1 5 4
&
1892.
1893.
for foreclosure. The Louisville
St. Louis, Centralia to
$
$
Drivers, 17 miles, has been ordered sold under foreclosure of
3
.0
000
3 .0 0 0 .
000 0 0 .
6 .0 0 0 . 000 first mortgage. The Litchfield Carrollton & Western, which
6 .0 0 0 . 000
4 ,4 0 0 ,0 0 0 has been operated as part of the Jacksonville Southeastern,
4 ,4 0 0 ,0 0 0
95,894 has been surrendered to its owners.
7 0 ,8 9 4
207,991
89,9 1 7
11,205
4 1 ,9 1 0
Cincinnati Jackson
Mackinaw.— Cincinnati Lebanon
7 1 ,0 1 9
14 9 ,3 4 0 & Northern.— Negotiations for the acquisition of the Cincin
1 0 0 ,8 7 0
&
1 3 ,7 03,591
13 ,9 4 5 ,4 4 9
Manhattan Elevated.
(For the year ending June 30,1893.)
The results for the years ending June 30 have been compiled
for the C h r o n i c l e as below:
Following is a statement of the number of passengers
carried on the elevated railroads in New York, and gross
earnings, since the completion of the roads :
Tear end.
Sept. 30. Passengers.
Earnings.
18787 9 .-4 6 ,0 4 5 ,1 8 1 $ 3 ,5 2 6 ,8 2 5
187 9 8 0 .. 6 0 ,8 31,757 4 ,6 1 2 ,9 7 6
188 0 8 1 .-7 5 ,5 8 5 ,7 7 8 5,3 1 1 ,0 7 6
18818 2 ..8 6 ,3 6 1 ,0 2 9 5 ,9 7 3 ,6 3 3
188 2 8 3 ..9 2 ,1 2 4 .9 4 3 6 ,3 *6 ,5 0 0
18833 4 .. 9 6 ,7 0 2 ,6 2 0 6 ,7 2 3 ,8 3 2
18849 5 .1 0 3 ,3 5 4 ,7 2 9 7 ,0 0 0 ,5 6 6
188 5 8 6 .1 1 5 ,1 0 9 ,5 9 1 7 ,4 2 6 ,2 1 6
18868 7 .1 5 8 ,9 6 3 ,2 3 2 8 ,102,662
[ vo l . Lvir.
Tear end.
Sept. 30. Passengers.
Earnings.
18 8 7 -88 .1 7 1,5 2 9 ,7 8 9
$ 8 ,6 7 3 ,8 7 1
9 ,0 8 0 ,8 8 1
1888 8 9 .1 7 9 ,4 9 7 ,4 3 3
Tear end.
June 30.
18 8 9 9 0 .1 8 5 ,8 3 3 ,6 3 29 ,3 8 8 ,6 3 1
9 ,9 5 9 ,7 1 0
1890- 9 1 .1 9 6 ,7 1 4 .1 9 9
18919 2 .2 1 3 ,6 9 2 ,5 1
7 0 ,*3 5 ,9 7 8
1 1 ,2 2 6 ,3 5 9
1892*33.221,407, L97
A comparative statement of traffic on the several lines in
the past three years makes the following exhibit:
Tear ending
Tear ending
Tear ending
J u n e 3o, 1 8 y l. June 30, 1892. June 30, 1893.
Second Avenu e......... . . . . . . 3 2 ,6 6 0 ,6 8 2
3 4 ,2 2 5 ,2 6 0
3 3 ,6 85,185
Third A v e n u e ..................... 7 6 ,9 9 7 ,8 3 4
7 9 ,3 0 3 ,3 4 4
8 3 ,2 9 7 ,0 4 4
Sixth A ven u e...................... 6 7 ,7 8 9 ,2 7 5
7 3 ,5 7 1 ,8 2 0
7 8 ,0 8 6 ,1 4 6
Ninth Avenue...................... 19,2 6 6 ,4 0 8
20,040,5L 8
2 0 ,4 7 0 ,9 7 4
Suburban B ranch. .....................................
6,5 5 1 ,6 2 8
5,8 6 7 ,8 4 8
nati Lebanon & Northern by the Cincinnati Jackson &
Mackinaw are still pending. Should the deal be completed,
the Cincinnati Jackson & Mackinaw will extend its road from
its present Southern terminus at Franklin, Ohio, to a connec
tion with the Cincinnati Lebanon & Northern at Lebanon, a
distance of ten miles. The latter road has good terminals in
Cincinnati. The Cincinnati Jackson & Mackinaw will issue
a consolidated mortgage for §8,000.000, which will provide for
its present funded debt, the acquisition of the new property, a
20 mile extension at the northern end from Addison to Jackson, and leave a surplus for future needs. There are 33 miles
of the Cincinnati Lebanon & Northern, which, with exten
sions, would give the Cincinnati Jackson & Mackinaw about
400 miles of road.
Cleveland Lorain & Wheeling.— Cleveland & Southwest
ern.— While the consolidation of the Cleveland Lorain &
Wneelmg and Cleveland & Southwestern railway compan
ies has not yet been formally effected, the details are
said to be practically settled. The report is current in Cleve
land that the Lake Shore’s holding of Cleveland L ir a in &
Wheeling stock, which is §774,000 preferred and §169,100
common, has been quietlv transferred to persons interested in
the Cleveland Lorain & Wheeling. A meeting of the consoli
dated company will be held on the 23d inst.
Denver City Cable.— A t Denver, Col., November 10, Judge
Hallett appointed George E. Randolph of Delaware and Corne
lius S. S wetland of Providence, receivers of the Denver City
Cable Railway C nnpany. Tue bill disclosed that the receipts
2 1 3 ,6 9 2 ,5 7 0
221,407,19'J
T otal................................196,71 4 ,1 9 9
have fallen off 50 per . cent aud the earnings barely meet
The financial results for three years are shown below for operating expenses. The floating debt and mortgage liens
aggregate nearly §4,300,000.
the years ending June 30 :
EARNINGS, EXPENSES AND CHARGES.
Detroit Das.— The Detroit Gas Company has settled its dif
ferences with the city of Detroit, and the city has granted,
1891-92.
1890-91.
1 8 9 2 -93 .
and the company has accepted, a thirty-year ordinance which
$
$
Gross earnings................................ . . . 9 ,8 4 6 ,7 0 9 1 0 ,6 9 5 ,9 7 7 1 1 ,0 3 6 ,3 5 9
is considered satisfactory to all parties.
5 ,5 8 6 ,3 0 0
5 ,4 2 5 ,3 4 8
Operating expenses..................... . . . 4 ,9 7 5 ,1 4 1
Evansville & Te rre Haute.— Stockholders of the Evans
5 ,2 7 0 ,6 2 9
5 ,5 0 0 ,0 5 9
. . . 4 ,8 7 1 ,5 6 8
1 40,000
14 0 ,0 0 0 ville & Terre Haute RR. Co. are notified that the capital stock
1 L3,000
Other in c o m e ................................
of the company at a meeting of the Directors on Monday the
5 ,4 1 0 ,6 2 9
5,6 1 0 ,0 5 9 6th inst. was increased from .33.000.000 to §4,000,000, and also
T o ta l........................................... . . . 4,9 8 4 ,5 6 8
2,4 1 4 ,9 1 6
2,6 6 3 ,7 6 7 that a scrip dividend of §1,000,000 has been issued to stock
Interest, rentals and ta x e s___ . . . 2 ,387,981
2 ,9 9 5 ,7 1 3
2,9 7 1 ,2 9 2 holders of record Nov. 15, pro rata, the same being equal to
Balance..................................... . . . . 2 ,5 9 6 ,5 8 7
1 ,8 0 0 ,0 0 0 one-third of their holdings at that date convertible into new
D ividends......................................... . . . . 1 ,6 2 0 ,0 0 0
1 ,800,000
stock, when the holder of such scrip certificate shall pay on
S u rp lu s.............................................
9 7 6 ,5 8 7
1 ,1 9 5 ,7 1 3
1 ,1 7 1 ,2 9 2
or before Dec. 14 §20 per share. If the stockholders of
GENERAL BALANCE SHEET JUNE 30.
record on Nov. 15 fail to comply with this provision they
waive their right to demand or receive any such increased
1892.
1893.
Assets—
$
$
capital stock, and the same will be sold at public auction on
Leases of road and equipment.............................1 4 ,0 1 4 ,0 0 0
1 4 .0 1 4 .0 0 0 Dec. 16. Transfer books will close Nov. 15 and reopen Nov.
Stocks and bonds of other companies............... 1 0 ,4 1 1 ,8 0 0
1 0 .4 3 2 .0 0 0
1,7 1 9 ,8 6 2 26. This increase of 10,000 shares of stock will give ihe com
Other permanent investments, real e s ta te ... 1 ,6 80,841
Supolies on h a n d ................
3 0 0 ,5 6 4
2 5 9 ,5 0 3 pany sufficient cash to pay off its floating debt and release
N . Y . El. RR. structure, equip, and real est. ..2 0 ,4 2 4 ,2 7 6
21,1.97,402 §600,000 of general mortgage bonds held as collateral.
Due by agents of this co. on account of traffic.
1 10
516
Due by others on account of traffic.....................
3 ,710
7 ,7 9 5
Illin o is Central.— The Chicago Herald has an article at
Due by companies and individ. on open acct.. 5 ,4 5 1 ,3 1 0
6 ,2 1 0 ,1 3 4
some length on the extraordinary passenger traffic of the
Cash on hand............................................................... 1 ,0 07,100
7 9 8 ,5 8 6
The Herald says :
Loans on call............................................................... 1 ,4 6 3 ,*78
1,4 2 0 ,0 0 0 Illinois Central during the W orld’s Fair.
J ay Gould, suretyship.............................................
300 ,0 0 0
S und ries........................................................................ 1 ,3 9 5 ,4 6 0
3 0 0 ,0 0 0
1 ,2 37,685
Total.....................
5 6 ,4 5 3 ,0 5 5
5 7 ,5 9 7 ,4 8 3
Liabilities—
2 9 ,9 2 5 ,2 0 0
Capital stock................................................................2 9 ,9 0 2 ,9 8 0
8 ,820
6,800
Capital stock, agreement of Aug. 1, 1 8 8 4 ........
Funded debt of N. Y . and Man. com panies... 19 ,6 7 5 ,0 0 0
21 ,1 4 7 ,0 0 0
Interest on funded debt due aud accrued.............................. 1 49,823173,859
Dividends u n p a id ......................................................
45,299
38,123
D ue for wages and supplies, taxes, &e...........
618,874
582 ,4 8 6
Due co’ s and individuals (on open account)..
34,2 4 3
31,9 5 0
Convertible bond certificates.............................. 1 ,9 0 5 ,0 3 5
133,035
Manhattan 4 p. c. bonds special account........
..........
300 ,0 0 0
Sundries.........................................................................
241 ,4 2 3
2 1 6 ,1 8 0
Profit and loss (surplus)......................................... 3 ,8 71,558
5,0 4 2 ,8 5 0
T o t a l ............................................................. 5 6 ,4 5 3 ,0 5 5
5 7 ,5 9 7 ,4 8 3
GENERAL IN V E ST M E N T N E W S.
Arkansas Southern.— The Arkansas Southern Railroad and
its entire rolling stock, also 10,000 acres of pine timber lands
and the milling plants of the Southern Land & Lumber Com
pany, were sold in Little Rock last week under foreclosure.
. N. C. Foster and J. B. Ogley bid the property in for the
•stockholders of the land company, §122,000 being the price
. paid.
Baltim ore & Ohio.— In regard to the item last week copied
in the C h r o x i c l e from Baltimore reports there were two in
accuracies. The London loan was for §2,250,000 instead of
§3,000,000, and the English syndicate have no option on the
bon ds deposited as collateral.
Chicago Peoria & St. Louis.— The Metropolitan Trust Com
pany, trustee under the consolidated mortgage, lias hied a bill
“ In the opinion of all those whose judgem ent cuts any figure in this
present ease, viz., the general public, the press and the professional
railroad men, the Illinois Central Railroad Company has covered itself
with glory during the Exposition period, and has made a record for its
World’s Fair transportation of which it m ay justly bo proud. This is all
the more creditable to the company since, in dealing with the matter
of World’s Fair transportation, they had an original problem to solve.
* * * The figures and data quoted iu the following reTer to the
Illinois Central line proper. The transportation on the special World's
Fair trains—running between the Van iJureu Street viaduct and Jackson Park—was for the months namod :
M ay............
. 602,618
June...........
1 ,2 4 6 ,0 8 8
July.............
.1 ,26 7 ,7 20
August____
.1 ,35 9 ,2 20
September.
.1 ,685,604
October___
.2 ,618,143
T otal.........................................................................................................8 ,7 7 9 ,3 9 3
“ The transportation on the suburban craius running to the fair and
to intermediate and points beyond it was as follows:
M ay.............
1 ,3 0 0 ,7 5 0
June...........
1 ,5 1 4 ,5 2 6
J u ly ............
1 ,2 91,035
1 ,421,231
A u g u s t___
September.
1,786,374
October___
2,2 4 5 ,8 7 5
Total.
9,5 5 9 ,7 9 1
“ These figures of course do not mean transportation of W orld's Fair
passengers alone, but of the 9 ,5 d9 ,791 persons carried during the 183
days of the Fair, at least 4 ,0 0 0 ,0 0 0 went to Jackson Park, that being
about the increase over the figures for the corresponding period last
year. A n exact statement o f the World’s Fair passengers among the
total of 9,5 0 0 ,0 0 0 of suburban traffic is impossible, of course, since no
method, existed to separate them from the others. For the Illinois Cen
tral through trains, i.e., points beyond Chicago and its suburbs, the
figures for World’s Fair transportation are th e se :
M ay.............
96,0 0 0
June...........
1 2 2 ,1 8 0
July........... .
1 4 0 ,8 4 0
A u g u s t___
159 ,1 8 0
September.
185 ,4 0 0
3 0 0 ,0 0 0
October___
Total
1,0 9 3 ,6 0 0
November 11, 1893. J
THE CHRONICLE.
“ The segregate figure* of transportation are, therefore, as follows
P uburl'in......................................................................
9 ,‘ 59,791
W orld'- Fair....... ................................
8,779,393
Through trains.......................................................................................... 1,003,600
T o t a l . ............................................................................................................ 1 9 ,3 4 2 ,0 8 1
“ T h is is a n e n o r m o u s f ig u r e , a n d e v e n j f $ . 0 0 0 , 0 0 0 b e d e d u c t e d fr o m
this for the regular suburban travel, it still leaves more than fourteen
m illio n s ,
‘ • In p r e p a r i n g t h e m s e lv e s f o r i h c W o r ld '* F a ir t r a ffic t h a t W . in
v e t v t e r s e m e a s u r e , t o t h e i r l i f e , t h e I ll i n o i s • 'e n tr a i m a n a g e m e n t
t o o k t h e w is e v i e w t h a t n o e x p e n s e s h o u ld b e s p a r e d . T h e s t e p s
p la n n e d a i d t a k e n t o rb a t ctiv-ct w e r e c o n s e q u e n t l y o n a l a w s c a tc .
' i b e e l e v a t i o n « f Its t r a c k - b e t w e e n th e t w o t e r m i n a l p o i n t s w a s th e
ite m o f eie& t, , t m a g n it u d e , u n s o n n tfn a a l o n e t o # 1 . 3 3 2 . 14<\ T o th is
m u s t b e a d d e d t 3 iH ),9 0 0 l o r t h e 3 0 0 s p e c i a l W o r ld ’s K ali c a r - a n d
1 0 0 ,0 0 0 f o r th e le e o B x t r o e t h m o f l o c o m o t i v e s . F o r t h e b u ilttin n o f
platforms, shelter sheds, ticker offices and other miscellaneous objects
a n e x p e n s e o f a b o u t '$ 2 5 ,C w w a s in v o l v e d . A n d a n o t h e r large, ite m
w a s f o r th e s a l a r ie s o f e x t r a e m p l o y e e s w h o s o e n g a s v m e n t iie r a iu c
n e c e s s a r y d u r i n g t h e E x p o s it i o n p e r i o d , a n d w h ic h a m o u n t e d t<. an
a v e r a g e o f * 1 .0 0 0 p e r d a y , o r $ 1 « 3 , C 0 » f o r t h e w h ole, d u r a t io n o f
t h e F a ir . F o i l h e m ,o r e , th e p u t t i n g t o o f t h e 'H a l l b l o c k s y s t e m , t o
i n s u r e g r e a t e r s a f e t y l a o p e r a t i n g a n u n u s u a lly l a r g e n u m b e r o f
W o r ld ’s F a ir t r a in s , e n t a i le d a n e x p e n s e o f $ 1 6 5 ,0 0 0 . I n th is w a y th e
f o l l o w i n g a m o u n t o f e x t r a e x p e n d it u r e * I n c id e n t t o W o r ld 's F a ir
t r a ff ic is a r r iv e d a t:
F or elevation o f tracks................................................ .........« . . . $1,352,148
For Bali block system .......................•.............._...............
in .,0(0
F or World's Fair earn..................
300,000
For locumotivss.......................................................................................
100,040
For extra -a ia rl.-a ......................... . .................................. .......
p s .i h
For platforms....................................................................
.
25.000
Total..................................................................................................... $ 2 ,1 0 5 ,1 4 8
“ Against this very Isrge aecoor.t may be placed the financial results
accomplished by tbe Illinois I'eutral Railroad Company to arrive at a
conclusion whether it has pain the com pany ,0 pursue a policy o f lib
eral expenditure in at,Urination o f liberal returns. The loetease In
receipts for the entire Illinois Central line, Inclndiue tbe suburban
and tue World'* Fair special line, for tbe six months the Fair lasted,
was a* follo w *:
W a v ...................................................
J u n e ... .......................................
J u ly ...................................................
A u g u st..................................................
Septem ber........ ...............................
October (Urst w e e k )......................
October irceimd week)________
October (third w eek t....................
October tfourtb week) estimated
$170,231
283,289
304,809
371,853
503,712
145,130
222.412
172,545
180,000
T o ta l...........................................
$2,344,781
" Which shows 2, m atter of $239,633 <m the right aide o f tbe .'ledger.
Eliminating, however, the Item of $1,332,141! for tbe elevation «,(
track*, which l» a permanent, Im provement and one o f considerable
commercial bene at to ike com pany in tbe long run. a profit or 41,571,781 w eald Jesuit. And If tin: 8195.004) fur the Hell signal system
be considered Su the same light, the w n l n would b«< -tIU lancer.
Similarly, too, the $30O,0I«) expended on the 300 W orld'* Fair ear* are
not a dead lo.s to the company. *lnee the»e car* will make flrst-cla*.
freight car*, and the $ 100,080 worth of locomotives will likewise be
utiilxcd It! the lu.smt -• o f the road.
'• ft is, therefore, not too much to M y that the Illinois Central ha*
not made a financial mistake by expending money liberally in antici
pation e f. the World'* Fair btistoe** accruing to it, and tbe mannernsent feel entirely *Mi<*!:.d with the result* attained, viewing the
latter ftom any point of view ,"
ment of Public Works, and some other State officers who are
interested. Officers of tbe Wes'.inghouse Electrical Company
and of the Niagara Fails Power Company will also be present
At Albany the Cataract General Electric Cotnoatty was incor
porated this week withacapital of fS,000, for the purposeof pur
chasing and selling electric power in the County of Monroe.
The directors are to be William Mertens, G, P. Tedder, Thos.
C, Platt, Frank W. Hawl»yand Charlton T. Lewis, all of New
York City. This is the first of the electric companies to be
formed to purchase power from th;* NLgaraFtilsPowerCim panv. It is understood that this company in Rochester is
a preliminary corp ration to be succeeded by one which will
contract with the Niagara Falls Power Co. for electric power,
which it v.ill supply wherever it may be wanted between
Niagara Falls and Albany.
Northern Pacific,—At Milwaukee, Nov. 4, Judge Jenkins
made an order authorizing the receivers of the Northern Pa
cific Railroad Company to ratify and adopt the contract and
lease dated June 1 , 1883, executed by the »St, Paul & Northern
Pacific Railroad Company, The receivers are instructed
to pay the rental and interest charges already matured to
gether with all other interest Charges and payments. The
rent paid under the lease amounts to 40 per cent of the gross
earnings of the road and must amount in each year to at least
$805,330 in gold coin. On September 30 there was a balance
due as rental of $54,023, and October 25 a further sum of
$208,000 for the. quarter ending September 30.
Plain. & Reading.—There was some objection made to the
order agreed upon by counsel last week, and on the 9th the
patties discussed the subject further, and agreed to an order
lor the release of the collateral, which is to be pledged for the
■Speyer loan. The counsel for the receivers stipulate that the
consent to the entry of this order shall not be used against the
Rice party in their suit against the receivers.
Railroads in Massachusetts.—'Tbe following statements are
for the quarter ending September 80 aa filed with the Rail
road Commissioners:
/—Beaton <1 Albany,—
1692.
«s*
IS 03.
£
--------Tikhbura.---------,
1892,
m
Ora#* c a n d o r * ..................2.583.959 8,557,407 2,008,387
operating exiietiM'*......... 1.834.09'.) 1.907.705 1.302,424
589,702
645,988
Other in c o m e .................................................................
XM •■arr.iii.-*.................
11, 210
719,859
T otal..............................
Interest, tax*., and rental*
Surplus . ..
................
748,859
129,938
019,923
589,702
131,495
458.237
1S93.
$
1,824,411
1,288,063
530,378
14,692
#60,273
884,845
551,070
381,737
30 5 ,4 2 8
109,333
Railroads in New York State —Tin* following statements
are for tbe quarter ending Sept. SO as filed with the Railroad
Commissioners:
Louisville A Nashville.—At tbe special meeting of the stock- «r# *s earn in s * ..___
ht Weis of the Louievil e & Nashville Rli, Co, held in Loui— Operating expenses.
vflle t<» la ic action on the increase o f tbe capita! stock from
$•>*>,CH0,000 to $£0,000,COO, a v o t e o f 315,199 sh a re s w a a C M t in
809
X*t earning*___
Other income...........
the affimiative at,d !10 *bares against the proposition. The
Total....................
meeting was adjourned without transacting unyotlnr bu-i1st., rentals ami taxi
ness.
- m at. ,v. F, d P en n .-, —Bur. Koch. ,1 Pills.—
1894.
1*92.
1892.
1893
81
Si
*
*
.. 062,42-1
888,835
911,424
819,658
623,634
.. 620,377
608,411
591,86#
338,047
220,3 '4
252
257.789
4,782
287,790
7,324
- 336,047
*16.5,583
220,068
*310.*169
262,571
! 171,651
295,114
f 215,604
..
Ba A rses.................. stir.170,4 59 def.06,003 stir. 57,920 sar. 79,510
Manhattan Eieratcd.— At the annual election this week.
Director* were elected as follows : George J . Gould, Edw in
•Inettnles lntcri**t on equipm ent and real estate m ortgages. Ac.
Gould, Howard Gould, Russell Sago, Samuel Sloan, J . Pn r'
pont Morgan, Donald Mr-Key, Frank K . Hain, George Bibs, p iw e m e n ii, &c.
------- Alb d Sum .--------> ,------Mens. d S(tr.-----G. P. Hoioeitii. Simon Wormaer, Joseph Eastman and R. M.
1892.
1.693.
1892.
1693.
Callaway. Howard Gould took the place made vacant by ibe
s
$
$
s
850,081
689,462
1,111,182
(hath of Jay Gould ard Joseph Eastman was chosen to fill Oro** earning*................
Operating expenses___ . . . 570.627
415,179
385,720
589,637
the vacancy caused by the death of Timothy C . Eastman.
The following « x«cutive committee was elected : Russell
Met earning*.............. ... 544,109
303,742
521,545
435,303
296,866
295,578
2? 4.2 01
Sage, Samuel Sloan. J. Pierpont Morgan; It. M. Callaway, interest, taxes, rentals.&c. 299,929
Edwin Gould, and the President. Mr. Geo. J . Gould was re
Surplus...................... . . . 244,240
133,630
8,164
227,254
elected President.
New Y< rli k Sew England— N. Y. New Haven k Hartford.
— It appears that undue importance is given in the newspapers
to the withdrawal of certain trains between Boston and New
York that were not Bay mg well. The Philadelphia Press, speaking for Pennsylvania Railroad people, says that the transfer of
cars around New Y» rk City on the steamer Maryland has not
been discontinued but will go on a* heretofore. The night
passenger t ram over ihe Poughkeepsie Bridge between Boston
and Phsladelpiiia and Washington has been discontinued by
the Philadelphia & Rending because it is said that it never
paid either the N, Y . & New England or tbe Reading.
New York Stock Exchange— New Securities Listed.— The
Governing Committee of the New York Stock, Exchange have
Added to the lists 83,401,000 of the coupon extended sinking
fond 8 per cent, gold bonds of 1899 of the Union Pacific Rail
way Co,
Niagara Fulls Power To,— A press dispatch fr o m Albany
reports that the experiment* to determine the value of elec
tricity as a motive power for the propulsion of canal boats is
to be made at Pitt-ford,Monroe County, next week, Thursday
or Friday. The first ehcfrical canal boat ever built is now at
Buffalo, awaiting the completion of the pole line and the
arrival of the electric generators that have already been
shipped from Pittsburg. The place of the test is near Roch
ester. A t the test next week Gov, Flower will probably be
presort, with Superintendent Hannan, of the State Depart
- iV ir Turk & Can.-—* S t a t e n Is. Ran. Tr.~.
1893.
1893.
16921802,
8
$
w
$
Gross earning?............... . 303,467
246,852
363,900
382.191
Operating expense*___ . 195,071
200,010
195.187
190,406
» t earning*............... .
Irit., rental* om l taxes.
Surplus........................
107,-9 6
77.557
50.446
77,028
30,239 daf. 20,582
170,175
59,810
116,305
108,719
62,009
108,710
St, Lonis Chicago & St. Paul.— A dispatch from Springfield, III,, says that the Metropolitan Trust Company of New
York has filed a bill for foreclosure iu the United States Cir
cuit Court against this railroad on its mortgage indebtedness.
Terminal K , R. o f St. L on is — The St. Louis Merchants’
Bridge Company have made an agreement with the Terminal
Railroad Association in St. Louis, b ut the articles filed do not
give many details. The Terminal Rulroad Association agrees
to purchase 4,884 shares of Block o f the Merchants’ Bridge
Terminal Co. and also indorse $3,000,000 of it* common stock,
and tliis is regarded as a final absorption of the Merchants’
Bridge by the Terminal R. R. Association.
Union Pacific Ilenrer & G ulf.— Messrs. O. M. Dodge,
Geo. M. Pullman, Uriah Herrmann, Oliver Ames, H . Walters
and Henry Levis have been constituted a committee by the
holders of consolidated first mortgage bonds of the Union
Pacific Denver & Gulf Ry. Co. for tbe protection of their
interests in any future reorganisation,
THE CHRONICLE.
810
[V ol. LVII.
C
© o m m je r jc M
O
T
T
O
N
.
Friday Night, November IP, 1893.
The Movement of t h e Crop , as indicated by our telegrams
from the South to-night, is given below. For the week ending
COMMERCIAL EPITOME.
this evening the total receipts have reached 296,141 bales,
F r i d a y N ig ht , N o v . 1 0 ,1 8 9 3 .
against 334,762 bales last week and 358,238 bales the previous
The holding of annual elections in several States has served week; making the total receipts since the 1st of Sept., 189S,
as an interruption to general business during the current 2,106,142 bales, against 1,978,691 bales for the same period of
week. Nearly all descriptions of staple merchandise have 1892, showing an increase since Sept. 1, 1893, of 127,431 bales.
been carried with steadiness, owners expressing confidence in
Receipts at—
Sat.
Mon.
Tices.
Fin.
Total.
Wed. Thiers.
better trade before the close of the year. In many localities G alveston......... 8,160 12,651 7,371 8,271 5,919 11,453 5 3 ,8 2 5
suspended manufacturing operations have been started up on Velasco, <fco___
1 ,428
.....
1,423
part or full time. A t the West the movement of wheat from New O rlea n s... 21.639 14,339 26,149; 12,050 7,743 15,287 9 7 ,2 0 7
342
1 ,047 10,2 4 0
735
growers’ hands has been liberal, causing a large increase in M obile................ 2,347 3 ,7 7 4 1,995
479
479......
.....
quantity on passage to storage centres, and creating a heavy Florida............... . . . . . .
Savannah..........
6,841
7 ,898 4 6 ,3 6 7
5.9S1
9 ,017 9 ,463
7,197
feeling in values. There was again disappointment in the ex
7 ,1 8 3
7 ,183
......
......
Bruns w’k,&c.
......
port demand for breadstuffs, heavy shipments of Russian Charleston........ 3,227 4,311 3 ,340 5 ,700 2 ,869
589 20,0 3 6
52
52
..........
.........
......
......
Pt. Royal, &e.
......
wheat to European markets serving as a check upon orders
953 11,9 4 6
for the American product. Drought has prevailed over a W ilm in g to n .... 1,691 3,379 2,612 2,000 1,311
34
__. . .
34
......
Wash’ton, &c.
......
......
considerable portion of the West and Northwest, but latest Norfolk............... 5 ,543
3 ,5 3 6 2 6 ,4 4 8
4,299
5,801
3 ,381 3,888
advices state that growing wheat has not been seriously inter
2,622
1,154
4 ,114
1,617
2 ,787 14,320
W est P o in t...
2,026
1 ,4 6 7
.........
.........
..........
1,467
fered with, and the absence of storms has given farmers a
......
N’port N ., &e.
......
650
good opportunity for securing corn. The prostration of the New Y ork .........
650
lumber trade has afforded a larger supply of freight cars for B oston.............
213
1 ,391
42
Ill
438
308
279
transportation of general merchandise than ordinarily avail Baltim ore.........
1 ,498
1,498
......
......
able at this season.
468| 1 ,5 7 0
265
643
Pliiladelph’a &c
188
6
Lard on the spot has met with a slow trade and prices have
declined, closing easy at 8%c. for prime City, 9’70c. for prime Tot’ls this week 51.479 53 407 58,4171 44.2031 32.263 56,372|296.141
Western, and 10‘lOc. for refined for the Continent. The spec
The following shows the week’s total receipts, the total since
ulation in lard for future delivery at this market has been Sept. 1, 1893, and the stock to-night, compared with last year.
lifeless, and prices have declined in response to weaker
Stock.
1892.
1893.
advices from the West, and under increased receipts of
Receipts to
swine at primary points, closing easy.
This Since Sep. This Since Sep.
Nov. 10.
1892V.
Week.
DAILY CLOSING PRICES O F L A R D F U T U R E S .
Sat.
November 'delivery.......o.lO-iJO
January delivery.......... c. 8-95
Mon.
9 '8 5
8'85
Tuts.
H it’.day.
Wed.
9 -90
8 '9 0
Th/urs, Fri.
9 9 > 9 75
8"85 8 60
G alveston...
Velasco, &o.
New Orleans
Mobile...........
Florida.........
Savannah...
Br’ wick,&c
Charleston..
P. Royal,&e
Wilmington..
Wash’n, &c
N orfolk........
West Point
N’p’tN ..& e
New Y o r k ...
B oston .........
B altim ore...
PMladel.,&o.
53,825
1,428
97.207
10,2 4 0
479
46,367
7,183
20,036
52
11,946
34
26,448
14,320
1,467
650
1,391
1,498
1,570
1, 1893.
435,348
13,087
614,380
77,295
5,309
430.125
26.9 3 7
159,264
14,104
82,474
113
154,252
62,6 2 7
5 ,340
1,945
4,190
11,933
7 4L9
Week.
53,5 1 6
1,743
67,742
7,971
119
42,534
11,349
18,118
3
9,148
80
19,996
18,579
683
2.466
1,970
3,12S
1,441
1, 1892.
491,265
20,7 6 2
43 3 ,4 2 4
61,878
3,173
406,013
67,817
163,626
221
79,5 2 3
234
109,126
96,867
4 ,059
4,318
15,151
6 ,864
6,370
1893.
119.600
181,516
2 1 0 .5 7 8
242,973
Pork has been taken slowly and prices have declined, clos
3 1 ,1 1 9
28,692
ing at §19 for mess, §19(321 for short clear, §19 50® 20 for
family and §14 50@15 for extra prime. Cut meats have met
1 1 3 ,8 0 6
125,846
with a light trade and the close was easy at l()@10J^c. for
5,408
8,500
pickled bellies, 12@10 lbs. average, lOiglO^c. for pickled hams
80.052
6 9 ,0 4 9
and 7@7J^c. for pickled shoulders. Beef is unchanged at §8®
8 50 for extra mess, §10@11 50 for packet. $12@14 for family
3 3 .0 7 0
32.285
and $19@21 for extra India mess. Beef hams are quiet at
.
..........
§15 75@16. Tallow has been quiet but steady at o ^c . Lard
73.8 9 9
4 9 ,8 5 7
stearine has declined to 11c. Oleo stearine has also declined
2 6 ,6 0 6
18,584
and to-day sales were made at 9%c. Cotton seed oil has been
205
452
more freely offered and prices have dropped to 35c. for prime
1 62.074 3 0 1 ,1 2 5
crude and 39@40c. for prime yellow. Butter is dull and
16,500
14,000
weak at 21@29c. for creamery. Cheese is quiet but steady
2 2 ,1 0 9
17,7 6 0
at 9@12>£c. for State factory, full cream. Fresh eggs are
5 ,956
steady at 24^@25J^c. for choice Western
8 ,403
Coffee found only moderately active attention with some
963 120 1,0 7 1 .9 0 4
T otals........ 296.141 2,106,142 265.619 1,978.691
irregularity in values, but the latest tendency about steady.
In order that comparison may be made with other years, we
Rio quoted at 18%c. for No. 7 ; good Cucuta, 2l@21J£c., and
interior Padang, 23@23>£c. Contracts for future delivery were give below the totals at leading ports for six seasons.
more active on European buying orders and advanced in cost,
1892. ! 1891.
1 8 90.
1888.
1 8 89.
but the demand was met by local holders of long engage Receipts at— 1893.
ments. To-day some covering of short engagements pre Galves’n,&c. 55.253 60,259 59,8 7 2 45.391 41,4 9 3 25,4 8 5
vented a decline, but the general tone was easy. The follow New Orleans 97.2 0 7 67,742 110,944 93,7 6 5 9 2 ,9 0 0 7 5 ,2 0 9
ing are the final asking prices :
M ob ile.........
10,240
7 ,9 7 L| 11.613
12.876
11.970
7 ,7 7 7
N ov......................17-30o. I F e b ...................,16-50c. I M ay...................... 1 6 0 5 o .
D eo.....................16-950. M ch..................... 16-35c. July..................... .............
Jan..................... 16-650. I A p r...................... l6-20o. I
Savannah...
Char’ton,&c.
Wilm’ton,&c
N orfolk........
W. Point,&c.
All oth ers...
46,3 6 7
2 0 088
11,980
26,448
15,7 '7
12.771
42,534
18,148|
9.2311
19,9961
19,262
^20.476|
46,459
28.513
10 303
30,304
23,096
24,589
49,643
16.408
7.231
19,442
24,186
9 ,3 l2
56,039
18,8 3 4
9 ,744
26,4 4 0
20,7 7 1
16,247
44,6 5 7
19,8 4 4
8 ,6 5 6
2 8 ,5 6 4
3 8 ,6 2 4
13,5 5 3
Raw sugars were further slightly shaded in cost but sold
better and became steadier at the decline. Centrifugal quoted
at 3J^c. for 96 deg. test and Muscovado at 2 13-16c. for 89
deg. test. Refined sugars again lower, without increase of
demand ; granulated Quoted at 4%c. Teas easier, molasses Tot. this wk. 296,141 2 65,619 34 5 ,6 5 8 278,234 294.438 26 2 ,3 6 9
declining and spices steadier.
The sales of Kentucky tobacco have been small, but prices Since Sept. 1 2106,142l 1 9 7 8 ,6.9l| 2833,747 2 6 8 0 .U 7|2519.699 20 9 2 ,1 0 9
are unchanged and steady. Seed leaf tobacco has continued in
The exports for the week ending this evening reach a total
light request but prices hold fairly steady. Sales for the of 260,140 bales, of which 132,410 were to Great Britain, 32,506
week were 1,250 cases as follows: 300 cases 1892 crop, Wiscon to France and 95,224 to the rest of the Continent. Below are
sin Havana. 6@13c.; 150 cases 1891 crop, Wisconsin Havana, the exports for the week and since September 1, 1893.
8J£@9e ; 200 cases 1892 crop, New England Havana. 19 a)60c.;
W e e k E n d i n g N o v 10.
F r o m S e p t . 1, 1893, t o N o v . 10.1893.
150 cases 1892 crop, do. seed leaf, 21®24c.; 150 cases 1892 crop,
E x p o rted t o —
E x p o r te d to E x p o rts
State Havana, 13® 18c.: 150 cases 1892 crop. Pennsylvania Ha
G rea t
G rea t
C o n t i- T o ta l
C o n tiF
r
a
n
c
e
F
ra n ce
T o ta l.
vana, ll@13c., and 150 cases sundries, 5@32c.; also 500 bales
B r it 'n .
W eek . B r ita in .
n en t.
n en t.
Havana, §65@1 10, and 250 bales Sumatra, §2 85@4 00.
Galveston....... 30,300 12,420 13,978 50,702 162,893 41,162
43,438 247,493
The speculation in the market for Straits tin has been at a Velasco, &c....
5,40o
5,400
11,355
11,365
standstill, not a sale being reported, and prices have eased off New Orleans.. 38,175 16,584 16,495 71,231 174,103 96,079 87,761 358,006
a trifle, closing at 20'65c. Ingot copper has been in slow Mobile & Pen. 4,070
4,070
4,070
4,070
demand, but the close was firm at 9'75c. for Lake. Lead has Savannah ....... 9,107
33,302 17,586 128,208 179,156
80,110 45,526
2,950
5,560
2,000
been dull and prices have weakened a trifle, but the close was Brunswick.......
2,000
8.598
0,330
17,528
50,415
6,475
5,021 19,631
87.201
94,151
steady at 3’35c. for domestic. Pig iron is quiet but steady at Charleston — 13,710
23.1S2
21,602
41,784
Wilmington.
$12 75c. @ 15 50.
9,205
20,184
350
9,205
20,534
Refined petroleum is steady at 5-15c. in bbls., 2-65c. in bulk
and 5'90c. in cases; crude in bbls. is without change, Wash
1.444
1,444
2,402
2,402
ington closing at 5-60c. in bbls. and 310c. in bulk; naphtha N ’p’t News, &c 19,452
87,259
6,023 20,391
53,723 146,148
York---910
5,166
5%c. Crude certificates have been quiet but steady and the New
3,809
4.119
2.232
250
33.927
38,159
Boston..............
close was at 73J^c. bid. Spirits turpentine has sold moderately Baltimore------- 2,778
15,897
7,023 10,401
2,633
40,891
62,421
well and prices have advanced a trifle, closing steady at 30*^ Philadelp’a,&c
3,757
4,615
467
467
888
@30%c. Rosins have been in fair demand and firm at §1 22}£
Total ............ 132,410 32,500 95,224 200.140 623,109 172.051 433,0891,228,849
@$1 25 for common and good strained. Wool is quiet but
Total, 1 8 92 .... 95.216 21.450 *8,017 154,083 710,538 118,4111 2t>3,252 1,117.201
steady. Hops are fairly active and firm.
.. m i
____
THE CHRONICLE.
N ovem ber 11,1893.]
811
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
(Seared, at the ports named. We add similar figures for
New York, which are prepared for our special use by Messrs.
Lambert & Barrows, 21 Beaver Street.
OS SHIPBOARD, NOT CLEARED— FOR
N o v . 10 of—
G r ea t
B r ita in ,
New O rleans...
Galveston........
Savannah.........
C h a rleston .....
F ra n ce
O th er
F o r e ig n
C o a st
w is e.
12,330
1.770
2 ,ii00
15.994
2,nos
15.000
None,
-4,- 22
3,300
1.400
None.
4.400
None.
None.
15.347
45.377
10 00(1
L e a v in g
S tock.
T otal.
44.171
53.181
198,302
96,419
95.046
57,652
23,692
23.199
135.699
31.934
8 0 ,5 0 0
9.000
5.000
40,900
8,700
SO.OfH
None.
None.
None.
.lo o
None.
Total 1 S 93 ... 170,824
18,208
91,675
14.022
2 9 2 .6 2 7
670,493
Total 1 8 9 2 ... 173.557 51 .H i
T otal 1393— 195,250 20,210
82.141
1 3 ,2 49
2 8 .9 1 9
320.101
751,803
S 41.835
N o rfo lk ............
New Y ork........
Other port . . . .
12.000
None.
None.
17.573
2 >,*>,n
97.435
22,470
5,000
45.700
2 6 ,3 7 4
65.0 00
3 3 4 ,8 5 0
Speculation in cotton for future delivery at this market has
been on a diminishing scale. The bullish feeling appears to
have subsided in good measure: some of the large local oper
ators in consequence of the failure to attract outside investing
demand have liquidated their holdings, and as a consequence
values fell off. There has, however, been a noticeable dis
inclination to sell the market "short” in the face of good
trade reports from abroad, an increasing demand from borne
spinners and an adherence to the notion of heavy frost damage
to crop last month. On Saturday the cable reports were tame,
and buying orders here moderate, with some slight effort made
to realize,under which there was a net loss for the day of 5 points.
During Monday there was general liquidation of small local
interests. During the morning "shorts” covered and caused
an advance of 10 points. Then the longs commenced to un
load their holdings and sent rates back to full extent of the
gain. Both the moves were for safety against the election
holiday which occurred on Tuesday. During Wednesday the
selling out of long holdings continued, and after several fluc
tuations left the marker at 5 points net decline. Yesterday
an additional offering of the same character came upon sab*
and further reduced prie s 7i§8 points. To-day the opening
was easy and 5 points lower, under tame advices'from Europe,
but upon receipt of crop report from the Government Agricul
tural Bureau, construed as indicating a small yield, there was a
sharp reaction that raised values 10 points above last evening.
Cotton on the spot has been dull and lower, but clones with
firmer tom* at 8 6*16*'. for middling uplands.
The total sales for forward delivery for the week are 72 >,30 *
bales. For immediate delivery the total sates foot up this weak
1,332 hales, including — - for export, 1,032 for consumption.
----- for speculation ami 300 on contract. The following are
the official quotations for each day of tin* past week—
November 4 to November 10.
CPLAND9.
S a t.
O rdin ary............
Strict Ordinary.
G ood Ordinary
tlo n T u e » W ed
Strict Good. M idd lin g . . . . . .
Middling Fair.......... ............
0
' 6 St
» 7%
1 71*,.
i 7 i i ,„
i
AN
8>*I«
, 8%
* 94.
GULF.
S a t,
Fair......................................
Pi
f& s
8%
f
STAINED.
H o n Tin*
S a t.
Good O rdin ary....................
Strict Good O rd in a ry .........
t o w Middling.................
M idd lin g .... ........... ..........
W ed
Th.
£S
«H
ig
0M ;
7 *8
7*8
71-V 71*1..
8*tg 9*t- *
8*t« j
BG
8*J i
«* 1. 8 ‘ 51«
in .
9%
Ota
9*4
n~H
o t9 i
Middling F air..
Fair....................
94|4
9*18
T’ s
SVs
87, j
0*4 ’
1
6>«
6»,„
«<« j 2!.
7\
7UW 73,
Th* ; 7%
a.
%
*%
H>i .
0W S
S 's
»>,« i
9 Ti« i
91a, ,1
8%
8% ,
1
o
=
:
:
IToli7
day.
7U la'
6H
7
7 0 ,.
F r l.
O h . s 6% i B*i,
:
;
mr *>,i T i l e s W e d
5 Hi
F r l.
57g
»!5!8
(i‘4
t-h n
7%
7*„
7 q „ ! 7 -a
7 7a
7 '- " l
S>,«
S%
8*w
G
8*1. j 8*8
BY
6>hs
m
9 !i«
oq
9»p,
7H
3
53
en
Strict Good O rdin ary...............
Low M ldditoe ..........................
Strict Low MiddlUiv.......... . . .
M iddling.......................................
Good Mtddtinx............................
Th.
5U „
6>„
7«,s
«
6*8
-q
8%
: 0%
, »»,*
s i
»
:(i|«
9%
:*"ja
n-\
»1
*1*1*. F r t ,
5 ;i* ,
oq.
w * l«
7 7* 1
5%
ft;„3
6
• o t-,
67„ i ets,8
7 l> .-! 7 7a
MARKET AND SALES.
The total sales of cotton on the spot and for future delivery
-each day during the week are indicate# in the following
statement. For the convenience of the reader we also a d d
a column which shows at a glance how the market closed on
same days.
| m m MARKET
f
CLOfKD,
SatMay.
Monday
Tuesday
Weil'day
T h n /d V
Friday.
fin 11.....................
Dull....................
......................
Dull »t l ) 5 d e c..
Dull at i,w d**,-..
« i* t * * p y ,l16a a
T ota l.' ...........................
T b e S ales
and
SALES OF SPOT AND CONTRACT.
L xp o rt.
C o n - ft a rc
t a m p . uT I’ n
133
....
....
20n
....
...a
4Hh
___ i
113
....
m
1.032
Pr ic e s o f F d t c r e s
following comprehensive table.
C on
tra ct.
100
T ou a.
133
309
F u tu r e s ,
103.100
H I ,300
■ Includes dales In September, for September, 1.700; Septem ber
O c t o b e r , f o r O c t o b e r , 2 8 7 ,8 0 0 .
The following exchanges have been made during the week;
•Id pil. to exeta. LOO Jan. for Meh.
'06 pd. to extsh. 700 S n v . for Dee.
07 pd. to exoh. 100 Mob for Apr.
•01 pd to exoh. 900 Dee. for .ran.
■(>56pd. t o e x e h -1,500 Deo, for .fan. ■to pd. to exoh. 100 Nov. for fan.
■!•> I'd. to exoh. l.doii Ja n .forM ch . •07 pd. to exuh. 300 Jan. for Feb.
•30 pd. to exoh. 900 Jan. for May. •03 p d to exoh. t o o Nov. for Deo.
•10 pd. to exoh. 00 Nov. for Jan.
•IS pd. to exeb. 200 Jan, for Molt,
•23 p it to exoh. 300 Nov. for Moll. ■to pd. to exoh. 300 Nov. tor Jan.
.01 p d to exeh. 400 Dee. for Jan.
•32 p d to escli. 400 Deo. fo r May.
T h e V i s ib l e S u p p l y o f C o t t o n to-night, as m a d e u p by cable
and telegraph is as follows. The Continental stocks, as well as
those
for Great Britain and tip* afloat are this week’s returns,
93
and consequently all the European figures are brought down
72A.3O0
300 1,332
to Thursday evening. But t > make the totals the complete
a r e s h o w n o y the figures for to-night (Nov. 10), we add the iter'* of exports from
the United .States, including in it the e x p o r t s of Friday only,
200
m £
u s
144,500
120,800
215,600
THE CHRONICLE.
812
Stock at Liverpool......... bales.
Stock at London..........................
Total Great Britain stock.
Stock at Hamburg.......................
Stock at Bremen..........................
Stock at A m sterdam .................
Stock at R o tte rd a m ..................
Stock at Antw erp........................
1891
7 7 7 .0 0 0
1093.
1892.
7 8 6 :0 0 0 1,1 1 7 .0 0 0
9 ,0 0 0
7 .0 0 0
79 5 ,0 0 0 1 ,1 24.000
8,000
3 .7 0 0
64,0 0 0
10 2 .0 0 0
17,0 0 0
13,000
200
8.000
785 ,0 0 0
3 .200
103.000
16.0 0 0
300
5 000
196.000
200
4 .000
313 ,0 0 0
1890.
688.000
27.0 0 0
6 9 5 ,0 0 0
2 ,600
61.0 0 0
4 .0 0 0
200
3 .000
138 000
3 .000
10 ,0 0 0
10 .0 0 0
Stock at M arseilles....................
47 000
4- ,000
3 4 000
Stock at Barcelona.....................
4 000
8,000
6.000
9,000
Stock at Genoa.............................
4 .000
2 3 ,0 0 0
2 2 ,0 0 0
25 000
Stock at T rieste..........................
*208.800
481.200
482 .9 0 0
393 500
Total Continental stocks.
Total European stocks . . . . .,2 76 .2 0 0 1,606.900 1,1 8 3 .5 0 0 9 <>1,800
4 0 ,0 0 0
46,000
34,0 0 0
19.000
India cotton afloat for Europe.
61*2 000
719 ,0 0 0
514 .0 0 0
740 000
Arner. cott’ n afloat for Europe.
70.0 0 0
41.000
4 3 ,0 0 0
7 7 ,0 0 0
Egypt, Brazil, «fec.,aflt for E’r'pe
9 *3 .1 2 0 1 ,0 7 1 ,9 0 4 1 ,179,705
6 6 6 ,6 0 8
Stock in United States ports ..
3 22,297
343 158 3 26,015
4 23.178
Stock in U. S. interior tow us..
39.9 0 9
30.9 0 0
‘i 4 ,0 23
39.8 7 4
United States exports to-day.
Total visible supply........... 3 , 4 3 3 ,1 0 1 3,6 4 1 ,7 2 8 3 ,668.283 2 .6 9 1 .5 7 9
O f the above, the totals of American and other descriptions are as follows:
American —
9 6 5 .0 0 0
608 .0 0 0
392 ,0 0 0
Liverpool stock............... bales. 61 9 ,0 0 0
Continental stocks..................... 372 ,0 0 0 34 4 .0 0 0
2 7 2 ,0 0 0
160 000
American afloat for E u ro p e ... 7 1 9 .0 0 0 5 1 4 ,0 0 0
7 4 0 .0 0 0 612 000
United States stock....................
963 ,1 2 0 1,0 7 1 .9 0 4 1,1 7 9 ,7 0 5
666,608
United States interior stocks..
34 3 ,3 5 8 3*76 015
4 23,178 322.297
United States exports to-day. _ 4 4 ,6 2 3
39,9 0 9
30.9 0 0
39,8 7 4
Total American..................... 3 ,0 6 0 .9 0 1 3,2 6 0 ,8 2 8 3 ,2 5 3 ,7 8 3 2 ,192,779
East Indian. Brazil, die. —
Liverpool stock............................
1 67,000
1 5 2 .0 0 0 169 000 276 .0 0 0
London sto c k ...............................
9 .000
7 .0 0 0
8 .0 0 0
27.0 0 0
Continental stocks......................
109,200
138,900 1 2 8 ,5 0 0 106 .8 0 0
India afloat for Europe.............
4 6 ,0 0 0
4 0 .0 0 0
3 4 ,0 0 0
19.0 0 0
Egyp t, Brazil, &c., afloat.........
4 1 .0 0 0
43 0 0 0
7 7 .0 0 0
7 0 .0 0 0
S t o c k a t H a v r e ................................
Total E ast India, A c ..........
9 .000
2 98,000
5 ,000
15,000
372,200
330.900
414,500
498.S00
Total American..................... 3 ,0 6 0 .9 0 L 3 .2 6 0 328 3 ,2 5 3 .7 8 3 2.1 9 2 .7 7 9
Total visible supply........... 3,433,101 3.o 41 ,7 2 8 3 ,6b 8,283 2,6 9 1 .6 7 9
Price Mid. Upl., Liverpool........
4^d.
4 is 16 d.
4<1 (id.
5°i*d.
Price Mid. U pl., New Y o rk —
8 *1 *0 .
9o.
8 *60 .
9V .
IV o l . L v n ,
QUOTATIONS FOR MIDDLING COTTON AT OTHER M AR KETS.—
Below we give closing quotations of middling cotton at South
ern and other principal cotton markets for each day of the week.
CLOSING QUOTATIONS FOE MIDDLING COTTON ON—
Week ending
Nov. 10
Suiur.
G alre ston ...
New Orleans
MobUe
Savannah .. .
Charleston .
Wilmington.
Mon.
7 1^16
734
7»»
758
7 ! 18
73l
B oston.........
Baltim ore...
Philadelphia
A ugusta. . . .
M em p h is,...
8t. L ouis. . . .
H o u ston ___
Cincinnati..
Louisville.. .
Tues.
71«I6
73a
7»a
76h
734
71-be
7 7s
7^18
8*8
7 78
713,8
711,6
7 » ,6
7 5s
7%
7%
7^8
7^
7%
>1
83e"
8 >4
8^
713,6
7l«i«
7i316
713,6
8b,
7-78
8\
Thurs.
713 6
711,6
73,6
734
8%
bbi
Wedues.
83s
8%
©
fi
711
•
!
j
j
;
734
713,6
^ *8
713,6
Fri.
7 :1 ,6
79,6
73i
734
SH
S'*
8%
7 U ie
8=8
734
734
73i
7%
7 1 4 ,,
8^
7 7s
8% ’
7 1 -v
The closing quotations to-day (Friday) at ocher important
Southern markets were as follows.
A tla n ta............
Columbus, G a.
7»ie I LttBte R ock . . .
7 ts |N ew berry..........
7%
7*4 I M ontgom ery... 7 7i i - 1e I R a leig h ............. 7 1< a :%
Columbus,Miss
74s
E ufaula........
I N ashville........
7*8 I Selm a.................
7 ’w
7% |N atch ez..........
7 1* |Shreveport.......
7%
.R e c e i p t s f r o m t h e P l a n t a t i o n s . — The following table
indicates the actual movement each week from the plant ttions.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
movement from the plantations of that p irt of the crop which
finally reaches the market through the outports.
Week
Ending—
Receipts at the Ports. SVk at Interior Towns. Rec’pts from PVint'ns.
1891. | 1S92. j 1891.
1891. I 1892. | 1893.
1892. | 1893.
1891.
The imports into Continental ports the past week have Oct. 6 ...... 29d,S6±1191.120 £23,456 j191,133 leG.233 156.9C2,3*8,251 213.468j251.980
“ 13...... 375,820 j25ii, 128,2ci.598 258,12:! 225,670, ] 88.723'442.811 29S,765(296.359
been 78,000 bales.
" 20...... 360,1-21 (270.733 286.789,310,863 259,900,227,lu 11432,85^ 304.853 325,167
The above figures indicate a decrease in the cotton in sight
“ 27...... 350,469'290,*70 358,236,335.317 286.771 276.98 2 374 973 319,254 408,119
to-night of 208,627 bales as compared with the same date
o f 1892, a decrease of 235,182 bales as compared with the Nov. 3 .... 3*4,697|293,552 334,762 373,680 321,031:321 *560 382.980 325,8-9 379,340
“ 10. . 345.668 235,619 296.141'423,178:326,045 *3to, 15S'395,216 2 0,eo i 317,730
corresponding date of 1891 and an increase of 741.522 bales
as compared with 1890.
The above statement shows: 1.— That the total receipts from
A t t h e I n t e r i o r T o w n s the movement— that is theveceipts the plantations since Sept. 1 in 1893 are 2.378,134 bales; in
1892
were 2,176,072 bales; in 1831 were 3,200,993 bales.
for the week, and since September 1, the shipments for tne
2.— That although the receipts at the outports the past week
week and the stocks to-night, and the same items for the
corresponding period of 1892—is set out in detail in the were 296,141 bales, the actual movement from plantations was
317,739 bales, the balance going to increase the stocks at
following statement.
the interior towns. Last year the receipts from the plantations
for the week were 270,003 biles and for 1891 they were
C P r- o
395,216 bales.
2“ 3
f s 't
Iff-. !» '§ ."B 'sS it S|gj*SrS -g Si's® g;
m
% C5
->■
m ..
a; **2S - 'r
.
:
: :
:
eP
: 3: : : :
a®ii d
SSr
3 af
© Sr
.O
O v e r l a n d .M o v e m e n t f o r t h e W e e k a n d s i n c e S e p t . 1 . —
B**
©
W*
O
£ O F5
Om
“m
z o
z, - - '
c/j O .
C2
2 E• Eh
b
C-JJSa
We give below a statement showing the overland movement
for the week and since September 1. A s the ieturns reach us
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matters of interest are given.
This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending -Nov. 10
and since Sept. 1 in the last two years are as follows:
►3
o
>
g
S3
o
s
5° f° d k *0 *3f" ^WVJ'OCCibHCJiMMO'
© to"/: © O © W ^ © L « b Co'toTcCC^-'b CCX ©
C5>XO©OO©©i‘*ii©Ci:vncW0H0tW©OviH.C'.'Xi - OOCCWO r?(C
t-‘ Cflt-‘ Oooo©tocc^4»c;cooi3:oc>*p*.CiocoOH-otC(r-yi«Jc:coH-‘ iH.
1893.
1S93.
HWMtOtO __^©
®*-‘ i o b © 9 C ©tO
N o v e m b e r 10.
Week.
Since
Sept. 1.
Week.
Since
Sept. 1.
Shivped—
©co k©o>©©--*odccooo©
<1CD ---3 - •00 ^ O O 'I O C O t •© © © —©C50D© cc k O' © © CO©
CC*-«W©ifs-vJt0©vX)©©O. tf-atO©H-‘ tOH1i3-ODOi©©«aj©H-«<JO0©O0
to
1
T*
Ik
lO
w
fk
tQ
M
©
©
©
k©
co
tL
©
©
to
i-*
to
*
IO
CO tCM W-Mto CCIOtOCOWCO
© © w COVj
<1 ©VI S U © 00© © 03 to © ©"^ 03 00 © © v c o *-l7k "r-*
Q D ^ -o© © © © X k -H H < joo o © x© H -* ik k * ’ ’^ © © o o c x '© © © © a c ^ i* o
© »X © lk ik © »k © © © © ^ -tO © © © O j© tO »k C C < l> k © © C li< l© .tO tO
©
M
©HM HM
H iiH H ^ lH M M
H- to tO CCCO© © tC 10 h-CO©>c c c i© t o © © ik t o > -‘ © -vitc© «o^ ik-‘ 'v}toH,,‘ (k’ © © > k ^ 3 o :-tkC-M © -ICO CD© © © M CO03 COX © — r~ © COCD© tO©03 «—(X © © © ©
©00©<J©X00©C0|ktkC0(kkiC0O;©©H-Q0IOikikXC0'Jtw©(XvJ00
W k1*’JOOCOf-, CO©©COH-, © ik tk tO © ^ «0 © > -‘ © 'X »k© © C O ik© © © C O
\
ra
o
COOi
to
* C O H H . M
HOH
K
O to M M COU' to CCtO © •
—1k- COc © © 00 >k © © © © CO
b o b co © a k-cootbo ~.jgo to c o b b o :/>V © V k © k ©
k C O © © © © © — .X > k © M © © tO © © © '-C C © © © C O
© o © x t o © ^ i © © © © t o © c j '© t o t o © © x t o c o k ©
220 ,8 5 0
61,313
263 ,0 7 7
25,4 8 7
4 ,478
17,265
9.008
1,213
2,191
3 2 ,7 0 3
4 ,7 1 6
1 5 ,1 7 2
Total to be deducted.................
10,265
Leaving total net overland*.. 59,607
■m oulding movement by rail to Canada.
47,230
12,412
5 2 ,5 9 1
173,620
4 3 ,9 0 6
2 1 0 ,4 8 6
The foregoing shows that the week’s net overland movement
this year has been 59,607 bales, against 48,906 bales for the
week in 1892, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 36,835 bales.
Takings.
cs
re r:
* Louisville figures “ n e t” In both years.
1 Last year’ s figures .are for Shernnig, Texas,
t Tbis year’s figures estimated.
The above totals show that the interior stocks have increased
during the week 21,593 bales and are to-night 17,148 bales
mo'-K than at the same period last year. The receipts at all the
towns have been 50,864 bales more than the same week last
year and since September 1 they are 32,958 bales more than
for the same time in 1892.
86.035
4 2 ,4 5 5
50,589
2 ,1 0 2
3 3 ,2 1 7
20.9 3 1
2 7 ,6 9 3
5,109
1,543
3,613
I n Sight and Spinners*
S Cr
19,163
11,4.81
9 ,695
1,403
7 ,035
5 ,673
6 ,863
69,872
1893.
©
to
m
m
CO to to to MM
©
to to vk COto to to CO
tOtO©>'-l © © © <1 © tO<l © © M OC ,0 © CDto © © CO X <1 CC© © © 00 COM- i—MtO
to co o sjl © >k © <© rr>© © © «o © o; co © h- to © *»•© co ex m © © co to
©COO’-0 < J © © t0© © 00© l0© C 0ik M < lH -w .© © C 0© C 0^ JM ^ I© © ©
©
© k
© k* M tO © ;
© © © © © to;
O ©© ©X k .
© k © © <x>x •
Total gross overland.................
39,098
13,090
Overland to N. Y ., Boston, & o ..
Between interior t o w n s .............
Inland, A c ., from S o u th .............
Diduct shipments—
§ s?
This
Meek.
©
©
©
to
k
0
0
1,219
4 ,763
6 ,340
4.76U
Via
Via
Via
Via
CO
©KJM^OOO
-© jCJC ~ HHjJH
c co >e © o *© © © r- © ©© ©<1<—©c»p»
-© C k —rf-CCO'J>-J©tO©©CO*.l©^3cO©bO©
kbco'-J*© 00 *—•—k © © © © k © ic CO—‘ © O* h- © -x|l<5© CT. CCXtOCCC-—M ©
©iek^r-©uito©ccooCDtea.cc©~j~Jkce;occ©<xeit.-ctcc^©©
CO k
©
tO
‘
M
*—*CO"■-*k
M
M
tO j-j-■05 ;
k jO C C5tOk k k
© Cto e .© * -© * —© © © k.
© k to © < © • cs cr to© © " ! * - " a c r © x ~ ©
k o o t o b © to co
► 'X X O ’ C tJ , © © “5CO© © •/>k © © M — -•! © — OJ co ^
if- m ^
CO-QkCDO©* © X © © ^ 4 W © * jH -© O .M 0 D «X tO ,--N lC S l> 3 r -k k k
Evansville................................
Louisville..................................
Cincinnati.................................
other routes, & c.....................
111,841
49,541
930
2,971
15,0 8 7
21,455
18.975
V ia Cairo...........................................
^ - o b b b ’ c © © c< m © - 4 k k c e c c to c o b b l e t o tec©7-* to
Week.
Since
Sept. 1.
1392
Week.
Since
Sept. 1.
Receipts at ports to Nov. 10......... 296,141 2,106,142 265,619 1,978,691
2 1 0 ,4S 6
Net overland to Nov. 1 0 . ............. 59,007
173,620 48.906
163 ,0 0 0 16,000
147 ,0 0 0
Sou them consumption to Nov. 10 13,000
Total m arketed........................... 373,748 2,442,762 330,525 2 ,3 3 6 ,1 7 7
266,992
interior stocks in excess................ 21,593
4 ,9 8 4
197,331
Came into sight during week. 395,346
335,509
Total in sight Nov. 10...............
2 ,709,754
2 ,5 3 3 ,5 5 8
North ’ 11 spinners tak ’es to Nov. 10
320 ,3 9 6
4 1 3 ,5 8 8
It will be seen by the above that there has come into sight
during the week 395,346 bales, against 335,509 bales for the
same week of 1893, and that the increase in amount in sight
to-night as compared with last year is 176,193 bales.
THE CHRONICLE.
averaged 60, highest 74, lowest 40,
The thermometer has
xfOU. 9, ’ 93. Nov. 10, ’92,
F ee t.
F e e t.
2-9
3-9
1*8
2*1
2*0
New O rleans. . .
M em phis....... .
Nashville ..........
Shreveport .......
Victcshurv.........
3*5
2*0
0*0.
1*2*1
1*4
I n d ia c o t t o n M o v e m e n t f r o m a l l F o r t s ,— T h e r e c e ip ts
and s jiomenta o f cotton at Bombay have been as follows for
the week and year, bringing the figures down to Nov. 9.
BO M B A Y R E C E IP T S A N D SH IPM EN TS F O R F O U R Y E A R S .
S h ip m e n t s s i n c e S ep t. 1,
S h ip m e n ts th is w e e k .
G r e a t Q o n ti- f _ . , j G r e a t
B r il’ n . r u n t , i To(al' ; B r i t a i n
if-MWCN
fea r
1893 1,000
1892
IBS!
1890 f o o d
R e c e ip ts .
CemU~
n e n t.
T o ta l.
T h is
W eek.
50.000
18.000
37.000
21.000
eoift«cT
of thirteen hundred'h* of an inch.
W ilson , N orth C a rolin a . —There has been rain on three
days of the week, the rainfall reaching two inches and ten
hundredths. The thermometer has averaged 57, ranging from
49 to 72,
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at
3 o’clock November 9, 1S93, and November 10, 1892.
io*-?o in
'O-tOfC-l
S in c e
S ep t. 1.
83.000
34.000
71.000
58.000
According to the foregoing Bombay appears to show
an increase compared with la3t year in the week’s receipts o f
6,000 bales and an in crease in shipments o f 1,000 bales, and
the shipments since Sept. 1 show an in crea se of 4,000 bake.
The movement at Calcutta, Madras, and other India ports for
the last reported week and since the 1st of September, for tw o
years, has been aa follows, “ Other ports’’ cover Ceylon,
Tuticorin. Kurraebee and Coconada.
S h ip m e n ts s i n c e S e p t. 1.
S h ip m e n t s f o r t h e w e e k .
G r ea t
B r ita in ,
C a ls n t u 1693........
1892........
X td rm 1893........
1892........
AD other*—
1 8 9 3 ......
1892.........
T>tal a l l 1393.........
1392.........
C o n ti
n e n t.
1 ,0 0 0
1,000
1,<wo
2,000
1,000
a.ooo
2,000
3,000
a rea !
B r ita in .
T otal.
1
W eather Reports by Telegraph ,—As received by tele
graph this evening our advices from the South denote that,
as a rule, weather conditions daring the week have favored
the rapid gathering of the crap. Rain has fallen in a number
of localities, but in general the precipitation has been light.
Cotton is being marketed freely,
G alveston, T exa s .—We have had showers on three days of
the week, the precipitation being thirty-seven hundredths of
an inch. The thermometer baa ranged from CO to 76, aver
aging 63.
Palestine, Texas.—There has been rain on three days of the
week, the precipitation reaching nineteen hundredths of an
inch. Average thermometer 36, highest 71 and lowest 38.
H u n tm U e, T exa s ,—It has rained on one day of the week,
the precipitation being forty hundredths of an inch. The
thermometer has averaged 60, the highest being 78 and the
lowest 42,
D allas, Teams.—We have had one shower during the week,
to the extent of twenty-nine hundredths of an inch. The
thermometer has averaged 32, ranging from 84 to 70,
San A n to n io , T exas.— D ir weather has prevailed all the
week. The thermometer has ranged from 41 to 84, averaging
64L u tin g. T exa s .—There has been no rain the past week. Av
erage thermometer 60, highest SO and lowest 40.
Colum bia, T exa s .—We have had no rain during the week.
Thermometer has averaged 67, the highest being 86 and the
lowest IS.
C u ero. T exas .—No rain has fallen during the week. The
thermometer has averaged 67, ranging from 48 to 86.;
Branham , T exa s .—Rain has fallen lightly on one day of the
week to the extent of ten hundredths of an inch. The ther
mometer has ranged from 46 to «-2, averaging 64.
B elton, T exa s.— Dry weather has prevailed all the week.
Average th**rraomef*-r 81. highest 84 and lowest 38.
F o rt W o rth , T exas ,—There has been no rain the past week.
The thermometer has averaged ill, the highest being 75 and
the lowest 32.
W ea th erford . T exas .—W e have had r o rain during the
week. The thermomet* r has averaged 53 and ranged from
80 to 80.
N ew O rleans. L ou isia n a .—It has rained on one day of the
week, the precipitation reaching eighty-two hundredths of an
inch. The thermometer ha- averaged 62.
Sh re report, L ou isia n a .—W e have had rain on three days of
the week, the precipitation being eighty-one hundredths of
an inert. The river is two and one-tenth feet below the z -to
ot the gauge. A ->w.tge thmiiujiiAer 33, highest 79, lowest 11.
Colum bus, MbsaiuMppi.—W i have had tain on one day of
the past week, the rainfall reaching fourteen hundredths of
an inch. The thermometer has averaged 59, ranging from 33
to 76.
L eland , M ississippi —Rainfall for the week two inches.
The thermometer has ranged from 37 to 83, averaging 56*9.
M erid ia n , M ississippi ,—Telegram not received,
L ittle Hark, A rkansan .—Rain has fallen oa one day of the
week, the precipitation reaching forty hundredths of tin inch.
The thermometer has averaged 51*9, the highest being 03 and
the lowest 39,
H elen a, A rk a n sa s.— Crop reports indicate a shorter yield
than heretofore expected. Some farmers have finished pick
ing, and there is now much less cotton in the field than last
year. It has rained slowly on one day of the week, the pre
cipitation reaching one inch and twelve hundredths. The
thermometer has averaged 52 and has ranged from 37 to 64.
M em phis, Tennessee ..—Picking continues uninterrupted.
Rain fell on Saturday to the extent of fifty hundredths of an
inch. The thermometer has ranged from 88*8 to 69*8, aver
aging 53 a.
Nashville. Tennessee .—Telegram not received.
M obile, A labam a .—Picking is about completed in some sec
tions. We have had rain on one day of the week, the rain
fall reaching twenty-one hundredths of an inch. The ther
mometer has averaged 66, the highest being 76 and the
lowest 48.
M ontgom ery, A labam a ,—W e have bad light rain on three
days of the week, the precipitation being sixty-one hun
dredth* of an inch. The thermometer has averaged 60, rang
ing from 53 to 68.
Selma, A labam a —It has ruined on three days of the week,
the rainfall reaching eighty-seven hundredths of an inch.
The thermometer has ranged from 48 to 78 and averaged 62.
M adison, F lorid a .— There has been rain on one day during
the week, the precipitation reaching twenty hundredths of an
inch. Average thermometer 71, highest 85 and lowest 51.
Colum bus, G eorgia ,— We have bad rain on two days of the
week, the rainfall bring fifteen hundredths of an inch,
Savannah, G eorgia .— W e have had rain on four days of the
week, the rainfall being fifty-eight hundredths of an inch.
The thermometer has averaged 62, ranging from 40 to 85,
A u g u sta , G eo rg ia .—T he crop is about all gathered and is
being freely marketed. Fully 80 per cent of the crop is now
in. We have had light rain on four days of the week, (he
rainfall being fifty-one hundredth* of an inch. The ther
mometer has ranged from 46 to 78, averaging 59.
Charleston, South. C arolin a.—T h ere has been no rain ail
the week. Average’ thermometer 04, highest 78. lowest 51.
Btaletm tg, South C arolin a .—Picking is nearly completed.
Rain has fallen lightly on two days of the week to the extent
813
—5a
N ovem ber 11, 1893,]
C o n tin e n t.
T o ta l.
l.O JO
2.000
2,000
1,000
3,000
3,000
5,000
1,000
9,000
11,000
5,000
3,000
14,000
14,000
4,000
3,000
13,000
1O.000
17,000
1 4,000
30,000
21,000
24.000
23,000
20,000
47.000
13.000
4,000
5,0001
*23,000
The above totals for the week show that the movement from
the porta other than Bombay is 1,000 bale* less than the same
week last year. For the whole of India, therefore, the total
shipments since September 1,1893, and for the corresponding
periods of the two previous years, are aa follows;
E X P O R T S TO E U R O P E PRO M A t.I, IN D IA .
S h ip m e n ts
M u rope
fr o m -
la a l l
1893.
|
1892.
— ;-TTA—
- 7 ----------— r ------ —
T h is
w eek.
S in c e
S ep t. 1.
T h is
w eek.
S in c e
S e p t. 1.
|
1891
}■■■ ■■.......—
S in c e
Sc.pl. I.
T h is
w eek.
Bombay...........
U loth er ports.
9.000
4.000
55.000
4 7 .0 0 0
8,000
5,000
§1,000
43,000
3.000
2.000
40.000
45.000
T jU I ........
13.000
102.000
13,000
94,000
5,000
83,000
Alexandria Receipts and Shipments.—Through srrangeneate we have made with Messrs, Davies, Benachi & Co., o f
Liverpool and Alexandria, we now receive a weakly cable of
the movements of cotton at Alexandria, Egypt, The following
ire the receipt* and ahipmenta for the past week and for the
oorreaponding week of the previous two years.
A U r n m l r i a , B a y p i,
2P<ntember B
#eoelpt*(<sant:ira"),...
This week___
glne* Sept, i ,
1893.
jI
175 000
836.000
j
1
Exports (balesi—
i s L iv erp ool............ 14,000 4 3,000' 13,000
To C ontinent............ 9,0001 41,000 8 ,0 0 0
89,00
1891.
280,000
1,579 000
330,000
1,804 000
T h is ! S in c e j ! T h u
tneefc, j £*?><* t. w e e k .
T otal E urope......... 21,000
,
1
1892.
S in c e
S in c e j T h is
Sept, l. ; w e e k . S ep t. 1.
91.000 : 1 2 ,0 0 0 104.000
43.000 ; 8 ,0 0 0 30.000
2 2 ," «. 134,000 120,000 131,000
This statement shows that the receipts for the week ending
Nov, 8 were 175,090 cantors and the shipments to all Europe
23,600 bale*.
Manchester Market.—Our report received by cable to-nigh t
from Manchester states that the market Is quiet for yarns and
steady for sheetings. The demand for China is improving
We give the prices for to-day belo vsr and leave those for
previous weeks of this and last year for comparison;
1892.
1893.
Oolt’n 32s Oop.
8 2 , Oop.
8*4 Ibt.
id. Twist.
Shirtings. VM
Twist.
p ld s
4.
a.
a.
4,
rt. «. A. s, 4.
4®« i8<a © 7%
Oct. 0 7% ©7 '1 5 10 © 7 7
“ 13
<* 20
“ 27
N ov.3
•* 10
73,8 ®74t 5 10>2©7
7 V ©75, 5 10t) ©7
7 Hi ®71l 5 1 0 h i»7
71* m\ 5 10V ® 7
7
5 10*947
7*»
7 'a
4 H ,J o 1*
411,6 0%
'(!%
4% 6%
4*2 k 78
7hi 419
7>s
76i
© 7 -,
®7«g
att'n
SH lbs. O
Mid.
Shirtings. V
plds
s. a.
5
5
5
5
5
0
0
l
s,
®6
© ff
©0
1 1 ,3 0
® 7«*
2 ©6
»7 % 5 3 © 6
©713
a.
7
7
8
9
9
10
a,
&
8]4
[Voi,. lvii.
THE CHRONICLE.
S e a I s l a n d C o t t o n M o v e m e n t .— W e have received this
(Friday) evening by telegraph from the various ports the
details of the Sea Island cotton movement for the week. The
receipts for the week ending to-night (Nov. 10) and since
Sept. 1, 1893, the stocks to-night, and the same items for the
corresponding periods of 1892, are as follows.
1893.
Receipts to Nov. 10.
Stock.
1892.
This
Since
This
Since
week. Sept. 1. week. Sept. 1. 1893.
still hoD© of a second and third picking more abundant than usual,
which to a certain extent would compensate for the shortness of the
first. From the above it is seen that the prospects of the crop are not
so good as last year at this season.
It is still too backward to pronounce definitely, but in any case one
m ust expect a less abundant result than in 1892. A s for Upper Egypt
it is already evident that the crop is less than that of last year. The
yield in ginning also up to the present is in general less favorable.
E ast I n d ia
C r o p . — The following
is from the Bom bay
Prices C urrent , dated Oct. 14 :
Except in the Bellary district, at Hubli, in the Dharwar cirole, where
much needed rain had fallen, removing the anxiety which had been
felt at its absence, and at Barsee, in the Oomrawuttee circle, where
6,720 the rain was confined to Barsee itself, the weather in the surrounding
1,168 districts having been fine, the telegrams to hand from the districts ou
93 L Monday morning reported fine, seasonable weather over the whole of
the cotton area, in the Bengal circle picking had commenced at Agra,
Total............................... 4,575 26,097 3 ,094 16,717 15,864 8.819 and the plants were ready for picking in the Delhi and Cawnpore dis
tricts,while at Bewar r.he first sowing was in flower and showing bolls,
The exports for the week ending this evening reach a total and
throughout the Oomra circle the crop was maturing rapidly, the
of 2,458 bales, of which 2,263 bales were to Great Britain, 85 plants being ready for picking in some districts, that operation hav
to France and 110 to Beval, and tbe amount forwarded to ing partially begun at Khan gaum. At Broach the crop could scarcely
Northern mills has been 748 bales. Below are the exports for have looked better than it did at the beginning of the week, and in all
the districts of the Dhollera circle the plants were flourishing, look
the week and since September 1 in 1893 and 1892.
ing especially healthy at Wadwan. Since the beginning o f the week
nearly 2*4 inches of rain was registered at Hubli, in the Dharwar cot
Week Ending Nov. 10. Since Sept. 1 ,1 8 9 3 . North' n Mills. ton circle, according to the further telegrams received from the dis
Exports
tricts yesterday morning. The crops in this circle had much benefitted
from—
Great Fr'nce
Great Fr’ncc
Since by the timely fall, and the cotton plants were looking exceedingly
Total. BriVn.
Total. Week Sepl. 1. well. The weather over the rest of the cotton area had remained fine
BriVn.
<£c.
<£c.
and bright, and Monday's favorable reports regarding the progress of
Savannah... 1,358
110 1,466 5,959
763 6 ,722
748 1,920 the crops were confirmed.
Charleston..
66
66
166
100
166
D o m e s t ic E x p o r t s o f C o t t o n M a n u f a c t u r e s . — Through
F lorid a........
276
New Y o rk .. ” 702 ” *85 ” 787 2,1*56
545 2*,70*i ..........
the courtesy of Mr. W . C. Ford, Chief of the Bureau of
139
139
289
289
Statistics, we have received this week a statement showing the
.........
B altim ore. .
..........
4,278
297
24,478
1,208
411
2,612
363
119
1892.
13,956 12,992
2,078 1,259
683 1,613
T o ta l.........
2,263
195
2,458
8,570
1,308
P.878
748
2 ,296
Total 1 8 9 2 ..
710
78
788
3.983
370
4,3^3
1,042
5,456
W e include each week only such cotton as is actually
exported. In other words, a large portion of the Sea Island
cotton shipped to foreign ports goes via New York, and some
small amounts via Boston and Baltimore. Iastead of giving
such cotton in the exports for the week in which it leaves the
Southern outports, we follow the same plan as in our regular
table of exports of including it when actually shipped. The
details of the shipments of Sea Island cotton for the week will
be found under the head “ Shipping News,” on a subsequent
page.
Q u o t a t i o n s — Nov. 10.— Savannah, Floridas, common, 14;
medium fine, 17; choice, 18J£ to 19.
Charleston, Carolinas, medium fine, 25 to 30c.; fine, 40c.;
extra fine, 50 to 60c.
C o t t o n M a n u f a c t u r i n g a t F a l l B i t e r i n 1893.— In our
editorial columns this week will be found an article under the
above caption.
A
g r ic u l t u r a l
D e p a r t m e n t ’s C o t t o n B e p o r t
for
N ovem
b e r . — The
Agricultural Department’s report on cotton for
November is given below :
exports of domestic cotton manufactures for September and for
the nine months ended Sept. 30, 1893, with like figures for the
corresponding periods of the previous year, and give them
below:
Quantities of Manufactures of Cot Month ending Sept. 30. 9 mos. ending Sept. 30.
ton (colored and uncolored)
1892.
1892.
1893.
1893.
exported to—
United Kingdom.................... yards
Germany.............. ................... “
Other countries in Europe —
“
British North America.......... “
Central American States and
British Honduras................
740,920
24,524
37,401
2,928,039
525,491
Argentine Republic................
44
United States of Colombia...
Other countries in S. America
China.........................................
Brit. Posses’ns in Australasia
British India and East Indies
Other countries in Asia and
44
44
44
44
44
409,057
S2,10-<
300
355,091
1,077,334
390,094
2,140,250
159,058
2,131,744
4,433.750
10,060
351,004
Other countries........................
44
102,308
04,916
75,000
44
Puerto Rico........... .................
Santo Domingo........................
15,950,405
Total yards of above....... 44
Total values of above................ $1,017,825
?alue per yard...................................
1-0038
Cotton exported to—
United Kingdom...............................
Germany.............................................
France................................................
Other countries in Europe.............
British North America....................
Mexico.................................................
Central American States & British
Honduras.......................................
Cuba....................................................
Puerto Rico.......................................
Santo Domingo.................................
Other West Indies..........................
Argentine Republic................... ......
Brazil...................................... ............
United States of Colombia.............
Other countries in So. America__
British possessions in Australasia
Other countries in Asia and
Oceanica..........................................
B i c e C r o p . —Messrs. Dan Talmage’s Sons o f this city state
respecting the outcome of the rice cron:
Total value of other manufao$221,334
tures of.........................................
Aggregate value of all cotton troods §1,239.159
E g y p t i a n C o t t o n C r o p .— The following report on the
cotton crop in Egypt was issued by the Alexandria General
Produce Association, under date of September 30.
The temperature of the first half of them onthwas relatively cool, and
little favorable to the cotton plant. * It improved afterwards, and from
the 20th September there were eight to ten days of hot weather, which
stimulated the opening of the bolls. A few fogs of short duration
have occurred, but up to the present no damage is reported.
As was foreseen in the previous resume, picking commenced only
towards the 25th September in the south of Lower Egypt, and the first
picking will not become general in all the provinces until between the
l e t to the 10th October. The first bolls which arrive at maturity are
less numerous than usual.
On the other hand, the plants bear many bolls whose ripening
depends on the temperature of October, and of even the commence
m ent of November. If, therefore, the weather is very hot, there is
130,049
32.272
299,156
4,047,743
336,985
553.795
18,434,300
3,945.985
5,332.720
158.585
1,192,442
655,003
4,760,104
3,712.000
889.654
5.410.526
524.042
77,111
415,516
5,144
30,909
465,967
100,371
1,877,131
1.102,430
808,916 10,046,513
7,379,599
2,332.132
244,314
3,835,203
1,281,755 10.689,700 1 L,0o2,907
100,902
1,985,802
2,704,342
1,055,104 14,440,297 10,320.954
1,126,960 17,509,058 52.182.981
90,089
15.093
183,428
2.716,844
210,000
2,378,186
282.917
225,095
1,030,640
2,125.218
5,219.614
0,840,224
3.533,606
9,068,006
7,356,307
9,325.539 114,474,850 133,841,801
$585,181 $7,470,080 $7,979,931
$-0596
$-0053
$-0027
Values of other Manufactures of
The cotton returns of the Department of Agriculture for the month
of November do not indicate a high rate of yield but point rather to
a diminished harvest as compared with that of 1992. which was less
than any in the last decade. The causes of the light yield have been
heretofore reported—drought, excessive moisture in some sections
and the ravages of the insect enemies of the plant and some other
causes of a minor nature. Local estimates vary in range from onefourth to three-fourths of a full crop. The weather throughout the
entire cotton belt has been generally favorable to picking, and the
Department is advised that owing to this fact a large part of the crop
has been successfully secured, a considerable portion of which has
been marketed.
The indicated yield, as averaged from the county estimates, appar
ent errors eliminated, averages 148 8 uounds per acre, distributed by
States as follow s: Virginia 152; North Carolina 174. South Carolina
1 42, Georgia 136. Florida 82. Alabama 14 =8 , Mississippi 143, Louisiana
1 75, Texas 151, Arkansas 174, Tennessee 138.
A s severe frosts have not yet been general, it is possible that the re
ported expectations m ay be exceeded.
“ There has been a great falling away in Louisiana by reason of un
fortunate growing conditions, and in the Carolinas on account of the
cyclone and subsequent storms. Ordinarily, closely approximating
estimates are possible by this date, but this season there has been such
unusual variation in individual experiences, that the outcome cannot
be predicted with any degree of accuracy until the larger part of the
crop shall have reached milling centres aud the average yield at the
pounder ascertained, ft is quite generally held that the Louisiana
crop will not exceed l,0l)0 ,o0 o sacks (3;750,boo bushels rough); Caro
linas and Georgia, 1,250,000 bushels rough. To this, however, must be
added the amount carried over from last year (in Louisiana, Carolinas
and Georgia), quite 1 ,500,000 bushels, so that combining the three
there is really a forward supply of 6 ,5 0 0 ,0 0 0 bushels, equal to 650,* 00
barrels cleaned rice, or about same amount as was consumed last
season.
As severe frosts have not yet been general it is possible that the
reported expectations m ay he exceeded.
693,860
A f r i c a .............................................................
Other countries...............................
$49,579
6.133
$5,109
1,302
87.413
10,805
257
455
248.205
2,OSS
22(J
3,848
4.030
595
510
4,222
4,607
$259,422
78,00*
7,11C
30,207
825,793
120.300
$103,211
67,323
7,588
24,294
1,01U,253
100,802
53.927
48,550
4,770
45.209
55,015
4,513
3.778
42,714
25.071
57,389
28A87
33,236
50,479
5,705
5,588
140
215
4,813
2,0S-3
5,947
2.635
0,820
2,648
5.0! 8
1,1)05
3.394
6.983
2,176
47.9'»4
50.005
59,530
34,545
47,894
27.95U
35,966
685
440
17,822
0,866
1,107
219.792
8.077
5.471
142,347
13,191
12,890
$330,565 $1,932,505
$915 746 $9 403.191
$1,836,350
$9,810,281
J u t e B u t t s , B a g g i n g . & c .— The demand for bagging a t
first hands during the week has been quite limited, and prices
have been reduced L£c. per yard on all weights. Tne season
being about over quotations are nominal. The close to-night
is at 5J^c. for 1% lbs., 5% c. for 2 lbs. and 6J^c. for standard
grades. Jute butts have been quiet at \%c. for paper grades
and 23^c. for bagging quality.
COMPARATIVE PORT tttiOtttPTS AND D A IL V C R O P MOVEMENT.
—A comparison of the port movement by weeks is n ot
accurate as the weeks in different years do not end on tbe
same dav of the month. W e have consequently added to our
other standing tables 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,
he monthly movements sin *e September 1, 1893, and in
previous years, have been as follow s:
Monthly
Receipts.
Year Beginning September 1
1893
1 8 92.
1891.
1 8 90.
1889.
1888.
732 ,2 3 6
561 ,7 1 0
676,823
3 3 2 ,0 1 7
Sept’mb’r 3 77,108
405,355
October.. 1,3 1 1 ,2 7 9 1,135,473 1,532,426 1,365,231 1,325,358 1,1 3 3 ,0 1 6
T o ta l... 1.688 687 1.540,828 2,20.),249 2.097.467 1.888,068 1,465,033
Pero’tage of tot. port
26*41
30-87
29-99
30*07
3201
receipts Oct. 3 1 ...
THE
NOVEMBER 11, 1893.]
C H R O N IC L E .
815
This 8tacpm»nr show s that up to October 31 the receipts
T ota l b a le s .
that time we shall be able to reach an exact com parison o f
the movement for the different years.
Wilminqtos —‘To Liverpool, per steamers Lsauder, 10,082___
Sobleballion. t . 2 7 o ....................................
14,357
Norfolk —To Liverpool, per steamer William Storra, 6 .9 0 6 ___
6.906
B oston —T o L iverpool, per steamers Georgian, 9 0 )...M ioM ga n ,
1.418 ...O ttom an. 1,712..............................................
4,030To Yarmouth, per steamer Yarmouth. 482 .................. .......
482
BALTIMORE—To Liverpool, ner steamnc Barrowmore, 2,338....... 2.338
To Havre, per steamer Prodano. 600 .......... ............ ............
600
To Bremen, per steamer H. H. Meier. 6.6S5............................. 6,685
To Rotterdam, p er steamer Ohio, 500......................... . . . ...
500
P h iladelphia —To Liverpool, per steamer British Princess, 813
813
—To Liverpool, per steamer Pedro, 7,834 upland
at the ports this year were 147,839 bales more than in Charleston
and 100 Sea Island....................................................................... 7,934
1893 and 520,562 bales less than at the same tim e in 1891.
2.950
T o Barcelona, per steamer Norman Prince, 2 .9 5 0 ..................
By adding to the totals to Oct. 31 the daily receipts since P o s t R o y a l - T o Liverpool, per steamer Mayflald. 7,2 00.......... 7,200-
1893.
1892.
tv'
Z
r
<©
|
10
7**
s
To.Oct.31 1,688.687 1,540,828
42,114
40,456
Nov. 1 ___
38.221
40,173
“ 2 ,...
42,979
40,021
*• 3. . . .
51,179
”
4 ....
50,497
s.
13,595
•* 5 . . . .
53,407
“
6 ....
8.
51,722
58,117
** 7 . . . .
54,553
44,203
«* 8 „ . .
34,445
32,263
”
9 .. ..
29,755
“ 1 0 ....
56.372
T o t a l. .
Percentage o f total
port reo'pta N ov.tO
; '
1890.
1891.
1889.
1888.
2.209,249 2,097,467 1,831,063 1,645,033
8.
45,766
38,008
36.096
66,736
8.
44.468
56,520
s.
62,446
61,398
40,552
47.031
62,220
53,093
8.
32.132
45,402
63,291
54.659
57,215
43,420
45,495
59,430
44,766
39,912
46,998
45,782
49,022
S.
42.263
47,893
73,074
8.
43,025
56,112
73,467
8.
35,012
2,681,618 2,503,727 2,268,236 1,864,752
-3607
37*58
33-60
35-80
33-61
T h e F o l l o w i n g a r e t h e tJ r o s s R e c e i p t s o p C o t t o n st
Hew Y ork, Boston, Philadelphia an d B altim ore fo r th e pa t
week, and since September 1, 1893,
Total........ .........................- ................................. ............................ 232,790
T h e p a r tic u la r s o f th e se s h ip m e n ts , a r r a n g e d in o u r u s u 1
fo r m , a re aa fo llo w s ;
O th er
B r e m e n O th er
L in e r - a r e a l
-f- H a m F o r t h S ou th T a r m o l . T ir it'n .U a c r r . b u rn . B u r o p e - E tr o p e , m o u th .
Total ....1 4 7 ,6 4 0
saw Yo r k .
R<cHpU
Thu
8ine#
N. Orleans*.., 1t j m * s z j m i
St2l*.' 48JW2
T m x m .......
Savannah... 11,281 io ju m
Mobile .....
47»
% ISO
Florida ......
So, Carolina $ , u t
Ho*. Carolina
7*11 *j m
Virglnli*. ...
10,154
I
North, port*
emi;
iJ K
f a n , h e ..
BOSTON,
T h it
%m*k.
jPHrLAOBLPH'A
Bines
T «>
n i l 1 S in«
wr«*. S a p t, l . W44k. [ S ip ’
S in e i
8 * ,t .l .
..... .
......
1.M3
........
. . . . . . . J ......
..........
........i
.....
......
1.175
4.57 ij
25.604
1.100
i,20o
4.949
8.948
#0,748
1,881
P..4S5
......
17.224
.......
m ,t t i
f.TOO
1 js m
WM
1,430
50
1.245
.....
2 oo
92S
__ _
Total,..... mjsm\ M t M 7
13,444
m jm i
1 , 07s
5I.su! «»n .m o 2S.S12
os,s7s
t.m y
Last rear.
Ba l t ir o k *.
o. iju!
’ 11
i. ' ”
1
I0.3S3 15,S7S;
0.-28
..
5*?.877
LUSTS
Cotton freights the past week have been as follows;
i H a tu r.
Liverpool, bid . . . . t l
Do
askcilff.
H a rrs,re g l i n e d .1
Do outside StT.rf.
Bremen, *team ..d.;
Do
later. <1.
Hamburg, steamd.
3t,Jh
it* .
37V
___
*M
___
4 ,,
Mm.
l l s*
Tun.
;
T h u rt.
F rt.
1!«i
n H
....
....
....
37 V 4 0 * 37>s-t0* 37 >s-10*
-...
....
....
6as
....
....
....
9a * » sw' #« » 5sa 8»< ’ “.IS
llu
37%*
Hs
.....
».-*o5->a
Do
A,
....
Ams'dara, steam, r, 31*35* 32 is-35*
I>o
1m o r ,..e ,
....
SdY&l, rim U-lth d , 3j, <§ilg2 5t S * U39
Do via n u l l . fi.
....
B’ lona, diri-nt. d.
T:V,
Genoa, steam . .it
1 ,*
Trieste, indirect, 4.
*I»
Autwe rpfStenai ,d .
%■»*
»-4
* Cent* per lo o t e d .
W e d n e t.
>
'B
©
j
....
....
....
....
....
ha
»
*
....
3 2 * 3 5 ' 32 935* 3 2 B 3 V
....
5i c » u *a ® te»l l sa s l S » n -.3
61S
Sis
•w
*1S
9 ,
T o la .
New Y ork. 13,223 6,223
916 2,598 3,325
100 ......... 26.391
N. Orleans. 39,225 ......... 30,223 16,450 ....... 2,796 ......... 88,699251 5,825 ...................... 48,382
Galvi-ston. 42,606
200 .........
Savannah.. 9.008 ......... 5,015 ................................................. 14,023
Charleston. 7.934 ................................................. 2,950 ......... 10,884
Port Royal 7,200 .............................................................................
7,200
A-Uinlmtt'n 14.357 ............................................................................. 14,357
N orfolk .... 6,906 ............................................................................
6,906
Boston....... 4,030 ......................
..................................
482
4,512
Baltimore.. 2,338 ........
600 6,685
500 ...................... 10,123
Philadel’a..
813
813
6,429 36,759 25,984 9,650
5,846
482 232,790
Below we add the clearances this week o f vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
G alveston —T o Liverpool -N ov . 2 -Steam«rfl Palma*. 6,905: W hitby,
5 .1 3 1 ----- Nov. 6—Steamer Tripoli, 6,457........Nov. 3 —Steam er
liouiniala, 5,407.
To Cork Nov. 4 * team or Fern lens. 0.100.
To Havre—Nov. 6 —Steamer Khio, 6,471___ Nov. 8 -S team er V ai
led*. 6.285.
To Bremen - Nov. 4—Steamer ILiwkburrt, 6.416 ...N o v . 8 -S team er
Vale, 6.707.
To Hamburg—Nov. 7 -Steam er A bbeym o-e, 853.
Velasco —TO Br.-meo—Nov. 4 —Steamsr St Clears, 4,100.
New Uju, e *N»—TO L iv erp ool-N ov . « Steamer Enrique, 4 .3 1 9 ____
Nov. 7 —S-eamors Co -an, S.-:50: S»rra. 4 150___Nov. 9 -Steamers
British Crown, 7.700; Merttmao, 9,645....... Nov. 10—Steamer
Alova, 3.7 8-.
To Bmm«n Nov. 6—Steamer LUatfl. 8,937___ Nov. 9 -3 to a m e r
!>ru . fell. 6,275.
-TO H rm our* Nov. 3 -S team er Holsatla, 700.
To Havre—Nov. 7—Steamer Sprlarwoll, 8 .5 0 0 ....S o v . 8 -Steamer
Memphis, S.1S2.
TO Barci-loua—Nov. 3 -S team er Oran Audita, 4,400.
To Genoa - Nov. 3 -Steam er Oran AntilUv, L, 14
Mobile —To Liverpool—Nov. 1—Steamer Ansterlttx, 4,070.
s avass m —To Liverpool—Nov. 8 —Steamer Kirkby, 8,051 upland and
1,356 Sea Island.
To Bremen—N o t . 8- Steamer Wakefield. 6 ,6 7 1.
To Antwerp—S o v . s —S e e s a w t r ia ,------To E i- vhI -N o v . 7 —Steamer Washington City, 6.453 upland and 110
Sea Island.
To B aro-loua—Nov. 9—Steamer L y d e r h o r o ,......... ........Nov, 9 —
Steamer Borengner el G ra n d e,-------T >G enoa—Nov. 7 —Steamer Miramer. 4,824.
B runswick —To r»unkirk-N ov. » -S im m e r Suer,, 2,600.
To Bremen—Nov. 9 Steamer EImfiaid. 2,05(1.
C harleston —To Liverpool Nov. 4 —steamer Alceetor. 4,631 upland
Nov. 9 -Steam er Glonveoli, 9,010 upland aud 08 Sea Island.
To Bremen Nov. 9 - 8te v o w Sutherland. 5 ,9 2 1.
No rfo lk —To Liverpool—N iv. i - i u w
C y o f DuhUn. 9.205.
Bo k o n —TO L iverpool-O at. 31 —Steamer Columbian, 9 l l upland and
139 Sea I s la n d ___Nov. 3 —Steamer PavouU, 996, ...N o v . 6—
: Steamer Sagamore, l ,823,
To Yarm i'n b —Nov. 3 Steamer Boston. 50 . . . Nov. 6 -Steam er
Boston, 50 ..N ov. 8 —Steamer Yarmouth. 150.
Baltimohk —To Liverpool - Oct. 29 -S team er (Jueetusmore, 2,382.
To London - Nov. 4 -Steamer Mlohig m , 39o.
To Rotterd un—Nov. 3—Steamer If rhino, 0 10.
To Antwerp—Oct. 38 -S team -r Sorrento. 2.150
To Bremen -N ov. 8 —Steamer Darmstadt, 4,873.
P hiladelphia -T o Antwerp Nov. 8 -S tea uer Pennsylvania, 467,
Liverpool.—By cable from Liveroool we have the following
Shipping News.—The exports of cotton from tins United
States the past week, as per latest m a il returns, have reached
232,790 bales. So far as the Southern ports are concerns *, these statement of the week’s sales, stocks, dee., at that port:
are the same exjwrte reported by telegraph and published in
xov. 10.
Oct. 20 j Oci. 27 I X or. 3.
the Chronicle last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.
55.000
Sale* o f the week........ . bales.
90.000
54.000!
57.000
T o ta l b a it*
13.213
3,116
2,000
1,113
916
850
1 ,7 4 8
171
3,154
100
39.225
30,228
42,806
200
2,000
2,400
1,3001
1,000
4 6 .000
49,000'
3 ,0 0 0 1
5,000
9,000;
65.0001
66.000
70,000;'
769,0001 750,000; 786.000
599,000 582.000 619.000
54.000, 106.000
36,000!
4 2 .0 0 0 1
94,000
24,000
215,000! 294.000 320.000
205.00I'1 385.0001 310.000
2,800
1,000;
47,000'
The ton© of the Liverpool market for spots and futures each
lay of the week ending Nov. 10, and the daily closing prices
if spot cotton, have been as follows:
Spot.
Market, )
1 : 4 5 p. M .j
S a tu r d a y M o n d a y . |Tuesday.
E a sie r.
MId.CpTds.
4%
Bales_____
Spec. & exp.
7,000
300
S tea d y .
Weclnet , T h u rsd a y .
M o d e r a t e In b u y e r s ' M o d e r a t e
dem and.
dem and,
fa v o r .
4%
4=%
4%
10,000
1,000
8 ,0 0 0
10.000
1,000
500
4 9 IS
Market, 1
1:45 v. m . )
9,008
Market, (
4 V. M. \
Stew idy at S t e a d y ai
p a r t ia lly
‘i -m d e
c lin e .
1-84 a d v .
B a r e ly
stea d y.
Q u ie t,
—
Busy.
F rir ia u
Quiet,
i ’a
10,000
500
8,000
800
Q u ie t a t
p a r t ia lly
1-64 a d v .
Q u ie t at
3-04 d e
c li n e .
S tea d y .
S tea d y .
S te a d y .
F u tu res .
251
5,823
5.015
4.000
3.000
79.000
7.000
73.000
806.000,
634,000
39,000
36.000
130.000!
130.000'
l
16.480
2,551
245
Of which exporters took ..
Of which speculators took ..
Bales A m erican..........................
Actual ex p ort............................
Forwarder!____ ... ..................
Total stock—Estimated ..........
Of which Am erican—Mstim'd
Total im port o f the w eek......... ,
Of which American ....... ......
[
Amount afloat.....................
Of which A m erican............... I
l
N *w Y o r k —To Liverpool, per steamer Alaska. 3,540 ...B o v lc .
6.526 upland and 702 Sas» Island___Heveiiua, 2,455 .
To Hall, per steamer Buffalo, 3,116...........................................
To Leith, per steamer Croft, 2,000..............................................
To Newcastle, p er steamer Alaatte. 1.113 .............................
T o Havre, per ateamet* La Bretagne, 331 npland and a:-.
Sea island ...M a n u k a .500.......... .......... .......... .................
To Bremen, par*t»*ra«rsBattle. >500 ...S pree. 2 8 0 ___. . . . .
T o Hamt.im*. per steamers ilsuwarla, 400 ....R b a e tla ,
13)13---- Waodrabtn, 300........................... ...................... .
To Rotterdam, per steamer Loeh Lomond. 1 7 1 ............ .
T o Antwerp, per steamers Cnicago, 1 .6 4 3
Nootdland,
1,466. — . . . . . . . . . . . -------------- . . . . . ______. . . . . . . . . . . . .
To Genoa, per st-am er F-Uda. 100.............................. ..............
F bw OAt®Arts~To Liverpool, per steamers Bessel. 2,700. ...
Hugo. f».23o
Nlcef-o. 3.150 .. .Pallas, 6.900 ....P r o lessor. 6 ,1 0 4 ....Texan. 6.590 ...T raveller, 6.000 ..............
To Havre, per
Cap# Oemitno, 5.472
[ran. 9,090
...,N e t h « b y Had. 9.050 ...T enser. 5.716 _______ _____._.
To Bremen, pet steamers Knight Templar, 1 0 ,4 5 0 ,,.. Rotherfeld. B .o o o ......................................... . ..
.
.
To Genoa. p e r Steamer Elsie. 2 ..V -;..... ....................................
To Trieste, per steamer Elsie, 343.......................
................
O alvctto *— t o Liverpool, per steamers Calvin. 6.732
Golden cross. 7.320.......Memnon. 3,675........Stratndse,
8,804 .. rafna. 3 ,5 U ..W hitehall. 6 .0 0 0 .......... ...............
To London, per steamer .V w Yorlt City. 200 ________ _____
T o Hamburg, p«r Steamer R itdon, 251 ............... .................
TO BevaJ, per steamer gpringfteld. 5.825 ..... ..........................
oavajksah —[’<> Liverpool, p.-r steamer Inehisb*. 5,600 upland
•art 3.202 %-a (su n,i ... ..
............................................
TO H a vre,p «r steamer Azalea, 4.634 npland and 361 Sea
Islan d ........................................... . ................. ........................
The opening, highest, lowest and closing prices of futures
at Liverpool for each day are given below. Prices are on
the basis of Uplands, Low Middling clause, unless otherwise
stated:
The prices are given in petice and 6 4 ths.
Thus : 4 63 m eans
4 63-64<t. and 5 01 means 5 l-6 4 d .
M on ., N ov, 6 .
S a t., N ov. 4 .
<*.
4 31
4 30
4 SO
4 81
4 32
4 34
4 35
4 37
4 39
4 40
d.
d.
4 31
4 30
4 SO
4 31
4 32
4 34
4 35
4 37
4 39
4 40
4 31
4 30
4 30
4 31
4 33
4 34
4 36
4 37
4 39
4 41
J.
4 31
4 30
4 80
431
4 33
4 34
4 30
4 37
4 39
4 41
d.
4 32
4 31
4 31
4 32
4 33
4 35
4 37
4 38
4 40
4 42
W e d ., Nov. 8 .
d.
4 S3
432
4 32
4 33
4 35
4 33
4 88
4 39
441
443
d.
d.
4 32
431
4 31
4 32
4 82
4 35
4 37
438
4 40
4 42
4 33
4 32
4 32
4 33
4 35
4 36
4 33
4 33
4 41
4 43
d.
4 30
4 29
4 29
4 30
4 31
4 32
4 34
4 35
4 37
4 39
T h u ra ., N ov 9 .
d.
d.
4 30
4 29
4 29
4 30
4 31
4 33
4 34
4 36
4 37
4 39
4 30
4 29
4 29
4 30
4 31
4 32
4 31
4 35
4 37
4 39
d.
4 30
4 29
4 29
4 30
4 31
4 33
4 31
4 36
4 37
4 39
F r i., N ov . 1 0 .
Open High Low. (llos. Open High Low. (Jlos. Open High Low. 0!o>
d.
November..
Nov.-Dee...
Dec.-Jan___
Jan.-Feb__
Feb.-Mch...
Mch.-April.
April-May..
May-June...
June-July..
July-Aug...
4 SO
4 29
4 29
4 30
4 31
4 33
4 34
4 36
4 37
4 39
B
d.
4 31
4 30
4 30
4 30
4 32
4 33
4 35
4 30
4 28
4 -»C
R
d.
4 29
4 28
4 28
4 29
4 30
4 31
4 33
4 35
4 36
4 28
E
A
d.
4 30
4 29
4 29
4 29
4 31
4 32
4 3i
4 35
4 37
4 39
d.
d.
4 29
428
4 28
4 29
4 30
4 32
4 33
4 35
4 36
438
D
S
4 30
4 29
4 29
4 30
4 31
4 32
4 34
4 35
137
4 39
T
U
d.
4 29
4 28
4 28
4 29
4 30
4 32
4 33
4 35
4 36
438
F
d.
4 30
4 29
4 29
4 30
4 31
4 32
4 34
4 35
4 37
4 39
F
been a moderately active trade at declining prices. The sales
yesterday included No. 2 mixed at 34%c. and No. 2 white at
36 a38}4'c. The market to-day was without change or fea
ture of importance and quiet. The spot market was fairly
active and steady. The sales included No. 2 mixed a t3 4 % c .
and No. 2 white at 36)^c.
DAILY CLOSING PRICES OF NO. 2 MIXED OATS.
T n e a ., Nov. 7 .
Open HiQh Low. Olos. Open High Low. Olos. Oper. High Low. Olo.
November..
Nov.-Dee...
Dec.-Jan..,.
Jan.-Feb....
Feb.-Mcb...
Mch.-April.
Aprll-May..
May-June...
June-July..
July-Aug...
[VOL. LYH,
THE CHRONICLE.
816
d.
4 21
4 25
4 25
4 26
4 27
4 28
4 30
4 32
4 33
4 35
S
d.
d.
4 27
4 26
4 26
4 28
4 28
4 29
4 31
4 32
4 34
4 36
4 20
4 25
4 25
4 26
4 27
4 28
4 30
4 32
4 33
4 35
d
4 27
4 28
4 26
4 26
4 28
4 29
4 31
4 32
4 3t
4 30
Sat.
November delivery..
December delivery..
Januwrv delivery___
May delivery.............
. . . 0. 35%
-_ .c . 35 %
. . . 0............
.. .c . 3 7 %
Mon.
35
33 %
Tuet.
03
36%
Wed.
Thurt.
35
35%
31%
35
3 5%
36%
36 %
F ri
34%
35
35%
36%
Rye has been neglected and featureless. Barley has met
with a light trade and prices have been lowered a trifle.
FLOUR.
Patent, w i n t e r ....... $3 5 0 9 $ 3 70
K a s ........... bbl. $1 7 5 ® * 2 10
3uperflne.._. . . . . . . . . 1 8 5 ® 2 25 City mills e x t r a s ..... 3 6 5 ® ___
Wxtra, No. 2 . . . . . . . . . 2 0 0 ® 2 50 Rye flour.suDertine.. 2 7 5 ® 3 10
Extra, No. 1 . . . . . . . . . 2 2 0 ® 2 75 Buckwheat Hour____ 2 4 0 ® 2 50
Clears............................ 2 3 0 ® 3 00 Corn meal—
Straights ...................... 3 0 0 ® 3 70
W e s t e r n ,& o ..„ ..„ 2 6 5 ® 2 7 5
latent, spring.. . . . . . . 3 7 5 ® 4 20
Brandywine___ _. . .
2 SO
[Wheat flour In saoka sells at prices below those for barrels.]
GRAIN.
o.
0.
Corn, per bush.—
o.
0.
Wheat—
73
49
West’n mixed . . . . . 46
$Drins:, oer b u sh .. . 63 «
Red winter No 2 .. 66% ® 68
No. 2 mixed ___ _ 46 % » 4 7 %
57 ® 70
Western ye llow ............. O
Red winter........ ..
Western white___ _ 4 7 ■a 50
W hite........................ 60 'O 70
OaM—M ix e d ..# bu. 34 ■© 3 6 % R ye—
Western, per bush. 5 4 n 56
W hite.................... — 3 5 % a 41
8tate and Jersey.. 50 n 55
No. 2 m ixed............ 34 S4 ® 35%
3
6
%
®
3
7
%
Barley— No.2Weat’n. 63 Tb 6 4
So. 2 w h ite ...........
State 2-rowed................. ©
State 6 -rowed____
©
...
A g r i c u l t u r a l D e p a r t m e n t ’ s R e p o r t . — The Agricultural
Department’s report on the cereal crops was issued on Nov,
10, and is given below:
The November returns to tbe Department of Agriculture of the rates
of yield per aero make the average for oorn 22-8 bushels, which is the
smallest yield reported excepting those of 1836 and 1857 and 139 0 for
the past ten vears. The yields for those years were respectively 2 2 ,
2 0 -1 and 20-7 bushels. It is less than the average for the ten years
1870 to 1379 by % bushels, less than the average for succeeding
decade 1881 to 1839 by 1% bushels, and less than average for the
three vears 1390 to 1892 by a little over one bushel. Tne result is iu
harmony with the reported indications during the growing season.
The July returns of condition were high, being 93-2, from which
point there was a rapid decline, ending iu the returns of
October at 75-1. a fall of a little over 18 points,a result due in the ma in
to tbe severe, extensive and persistent drought. The rates of yield of
the principal c o m States are reported as follows: New York, 29 3 ;
Penn., 2 1 -3 ; Ohio, 24-3; Michigan, 2 3 '7 ; Iowa, 35-1; Missouri, 27-5;
Kansas, 2 0 -3 ; Neb., 25. The returns relative to potatoes give estim a
ted yield per acre for the whole country at 72-2 bushels. The consoli
dated returns from the tobacco-growing States make the estimated
yield per acre 695-3 pounds, as against 632 pounds iu 1892. The aver
age yield of hay is reported at 1-32 tous per acre as against 1 1 7 tons
in 1892. The reports as to the yield of Buckwheat give a general aver
age of 14'7 bushels per acre as against 11-1 in 1312 and 15-3 in 1891
.
F r i d a y , November 10, 1893.
It has been a very quiet week in the market for wheat flour
Buyers refused to trade except at material concessions, owing
to a decline in wheat, but holders were not disposed to shade
present prices. Rye flour has continued to meet with a slow
trade but prices are quoted nominally unchanged. B uckwheat flour has been quiet, but there has been very little stock
offered and values are without change. Corn meal has been
in light request but steady. To-day the m irket for fliur was
dull and unchanged.
There has been very little animation to the speculative deal'ngs in the market for wheat futures, and prices have declined
The movement of breadstuffs to market is indicated in tbe
under a continued large movement of the crop at the North statement below, prepared by us from the figures of the New
W e first give the receipts at
west, reports of free shipments from Eastern Europe, dull and York Produce Exchange.
Western lake and river ports, arranged so as to present the
easier foreign advices and decided increases in the visible sup- comparative movement for the week ending Nov. 4, 1893,
p’y and the amount on passage for Europe.
and since August 1, for each of the last three years:
Business in ihe spo: market has continued slow, neither
Oat#.
Barley.
Rye.
Corn.
Wheat.
Flour.
local millers nor exporters showing any interest, and prices R k dpfs at—
Bbls.imbs Bush.GOlbs Bush.bG lbs Bush.‘S2 lbs BushASlb- Bu.50 lbs.
have weakened with futures. The sales yesterday included
100,785
033,787
8 31.463 1,S70,171 1,616,278
75.0 >9
No. 2 red winter at 67'£c, delivered. To-day the market was \Ulwaukee...
318 0
531.2.0
4 Jl.490
53,300
174,000
40310
It. . „
227,528 1,537.473
moderately active and firmer on buying by “ shorts’- to cover
2,444,160
.....
Minneapolis.
contracts, stimulated by a decreased movement of the crop at
8,600
77.00)
2.9)
21.0V2
2,150
192.523
3\917
the Northwest and a report by the Michigan State Board of
31 424
3,000
35.090
10 009
49,090
5,009
7.00)
Agriculture that the area planted this year in that State was Cleveland....
14.844
290,235
221.695
120.154
4)7 615
2ii,4->l
8L Louis......
only 77 per cent of last year’s area. The spot market was Peoria..........
1,300
29.100
230,39»
363.500
75,100
11,100
25 i,3&7
11,920
4,9 15
moderately active and firmer. The sales were principally No. 2 Kansas City.
160 829
canal red winter at
under December delivered.
391,4 >7 6,503 171 2,53 J.340 2 47L.144 1.7)9 273
Tot.wk, ’93.
DAILY CLOSING PRICES OF NO. 2 RED WINTER WHEAT.
M>rr..
W ed .
i'4x -1
Sat.
T u es.
November d e liv e ry ....
66%
66
67*8
66%
December delivery.... .0. 6 8 %
67%
0 7 '«
68
January delivery..........
70
6^%
6038
Vi
703a
February delivery........
71*2
70%
H
72%
March delivery............
7.0
71%
75%
M ay delivery.................
7-4%
74is
74%
F r i.
68%
69%
71%
7 4 7S
There has not been much activity to the speculation in the
market for Indian corn futures and prices have declined
under selling for Western account, prompted by favorable
harvest reports and in sympathy with the weakness of wheat.
The spot market has been quiet and prices have declined.
The sales yesterday included No. 2 mixed at 46}4'c. in ele
vator and 46j.ij(a!46%c. d-livered. There was a moderately
active and higher market to-day on reports of large purchases
by shippers at the W est. The spot market was more active
and firmer. The sales included No. 2 mixed at 47c. delivered.
DAILY CLOSING PRICES OF NO. 2 MIXED CORN.
Mom..
Sat.
Wed. T hun.
Tue*.
£
.
4(7%
November delivery___ 0.
46%
46
sa
December d e liv e r y ....
46 34
47%
47%
47
47:%
y
47%
January delivery......... .0.
...
40%
M ay delivery..................
49
49
48 %
..
Same wk,’92.
Same wk,’91.
■Knee Aug. 1.
1893...........
1892...........
1091...........
331.493
310,009
8.101.443
7,992,061
1.479.755
1.237,016
230,490
441,983
The receipts of flour and grain at tne seaooard ports for t i e
week ended Nov. 4.1893, follow :
At—
Flour ,
bbls.
Wheat,
bush.
Sew Y o rk ...1 6 0 ,9 4 7 1,690,U75
265,131
Boston........... 73,141
Montreal . . . . 14,264
163.981
39,3 iS
P hiladelphia.il«,315
274,418
Baltimore—
92,330
14,556
R ichm ond ...
4.635
23,400
Sew Orleans. 16,359
Oats,
bush.
Oorn,
bush.
49 4,200
211,963
253,33 L
58,233
81,420
7,300
25,212
Barley,
bush.
57 L, 30 0 147,405
2 1 0 ,4 9 0
1,7 L5
119,909
147,192 3 5 .2 0 0
41,231
.........
1 2 ,4 0 0
.........
3 9 ,9 2 4
Tot. w e e k ..4 "3 ,541 2 .470,332 l .137,107 1,145,946 131 3 20
Week 1 8 9 2 ..4 6 6 ,0 1 7 2 ,82 4 .1 2 7 1,03 l,tio7 1 .068.015 207,381
R ye,
bush.
66
530
800
20,138
21,5 3 4
66,5 8 3
Below are the rail shipments of flour and grain from
Western lake and river ports for four years:
1893.
Oats for future delivery have not attracted much attention
and prices have gradually giveu way in sympathy with the
decline in wheat and corn. In the spot market there has
2.129.10J
2,727,029
4,599,897 69.749 335 47,419.928 11,991.312 10.985,420 J.258 843
4,921,199 112,413,297 39,705,791 39,803,393 10,711,171 3 809,139
3.485,683 98,905,710 29.051,012 36.019,013 11,659,855 9,718,107
Week
Nov. 4.
F ri.
47
47%
49%
2,352.61?
1,512,104
1892.
Week
Nor. 5.
1 8 91.
1890
Week
Xov 7.
Week
Nov. 8.
4 3 6 ,9 6 3
3 41,050
305,8 07
22d,318
.................
4 18.833
................. 1 ,4 01.270
.................
-407,7 / 9
25,019
R ye............. .................
814.930
374 ,0 0 9
1 ,4 14,781
400 ,3 5 0
111,540
1.211,033
3 4 8,2 S3
1,676.820
294,061
70,1 1 3
624,491
569 ,5 6 6
1 ,109,069
271,212
61,959
cu;a T o ta l... .................. 3,245,523
3.1 5 0 ,6 3 0
3 ,6 0 6 ,3 1 0
2,9 3 6 ,2 9 7
Flour........... ___ .b b ls.
THE CHRONICLE.
N o yem beb 11, 1S93.J
817
The exoorts from the several seaboard ports for the week
ending Nov. 4,1893, are shown in the annexed statement:
sionally against buyers in four-yard sheetings and heavier
makes. Converters and jobbers have not extended their
operations to any material extent, however. Bieached shirt
E xp orta
ings are without change in any respect, and wide sheetings,
Flour.
Oats.
Rye.
Peas.
Wheat.
from —
brown and bleached, are also unaltered. Kid-finished cam
B b ts.
Bush,
Bush. Bush. brics film and in light supply, siletias, corset j -ans and
91,800
9 1 ,2 0 ?
13.778 satteens and other linings quiet
NewYork
In colored cottons some
3 ? , 103
2,010
B oston.-.
47,0 66
1 1 ,3 7 9
53,1 72 good-sized transactions are reported in Southern made goods
Montreal
3
1
.7
5
0
both
for
home
and
export
trade,
with
instances of prices ac
P hlladel.
Ifi, 658
5 ,0 0 0
B sltim ’ re
cepted some time ago being now refused, la other directions
807
N. Ori'na.
staple cottons are featureless. D irk prints iu fan ties are
2 1 ,2 1 6
N. Seva.
scarce and firm, as are indigo blues and shirtings ia most
2,OtO
N orfolk.
Portland.
styles. Dark ginghams are quiet throughout and not always
steady in pri e. Business for spring is still hamp?red by the
145 ,60 6
6 7 ,2 5 0
Tot.-week 7 4 0 ,5 0 6 : 9 13,479. 2 4 8 ,1 5 5
absence of definite prices for fine divss styles and only light
■’ me time
32,201
73,7*37
3 ,4 7 1 ,7 5 9 ' 7 9 5 ,5 0 7
313,241
17,127 orders are recorded. Print cloths, after declroinrto
1 99 2
The visible supply of grain, comprising the stocks in granary have recovered again and are firm at 2 15-100, for 64 squares,
at the principal points of accumulation at lake and seaboard a good business having been done thereat.
1892.
1893.
1891,
ports, Nov. 4,1898:
Stockof Print OlolksNoe. 4.
Wov. 5.
$<fo. 6.
I n store a t—
Wheat,
bu sh .
Rye,
bu
sh.
O ats,
b u sh .
C ora ,
b u sh .
3 7 6 .0 0 0
S aw Y ork.......... 17,797,000
6 7 .0 0 0
I>o a flo a t.. . .
236,000
3 5 .0 0 0
A lbany...................................
8
7
8 .0 0 0
B ohalo................ 3,267,000
Ohleavo...............19,107,000 2 ,0 1 9 ,0 0 0
M ilwaukee.........
817,000
D uluth..........
5,618,000
2 3 8 .0 0 0
Toledo ................ 1,916,000
1 3.0 00
D etroit............... 1,237,000
1 1 5 .0 0 0
O sw ego....... .
21,000
gl.OOO
8 1 L ou )............. 5,514.000
19.0 00
Do afloat. ..
117,000
2 3 .0 0 0
C incinnati. . . __
9,000
3 6 1 .0 0 0
6629900
B oston...............
T oron to_______
112,000
2,000
M o n t r e a l..,. . . .
704,000
4 8 3 .0 0 0
P hilad elp hia....
598,000
8 9 .0 0 0
P e o ria ................
111,000
13.0 00
JntianttjK.lt*,,.,
234,000
20.000
K aa iM City . . .
493,000
3 8 2 .0 0 0
B altim ore.......... 1.199,000
5 ,0 0 0
M inneapolis___ 8,853,000
22,000
On M ississippi..
37,000
On L a ir * .......... 1,309,000 1 ,7 3 3 ,0 0 0
8 9 8 ,0 )0
On oanai St river 1,320,000
TOTHS—
---------------------------------Nov. 4,1 8 9 3 .,7 1 ,3 1 1 ,0 0 0 8,295,000
Oct. 2 8 ,1 8 9 3 ..6 9 328,000 9,175,000
Nov. 6, 1992. .64,717.000 13,281.000
Nov, 7,1 891 ..38,971,9.41 2,911,931
Nov. 8 ,1 8 9 0 ,. 22,693,717 6,335,063
1 ,7 5 3 ,0 0 0
5 3 .0 0 0
1 0 5 .0 0 0
Barley,
bush
8,000
6,000
7 2 ,0 0 1
2 3 .0 0 0
2 2 5 ,> 0 0
4 6 .0 0 0
4 7 9 .0 0 i
2 2 8 .0 0 0
3 8 3 ,0 0 )
<91,0)0
2,000
Held by Providence m anufacturers. 201.000
Fall B iver m anufacturers___ _
T ota lstook (pieces)
........
None.
None.
205,000
353,000
None.
558,000
Domestic W oilens ,—In some quarters an increase has
8 6 1 .0 0 0
been reported in the demand for small paroela of heavy-weight
11,000
clothing woolens, bu’ no general expansion of buying can be
11.000
1 5 ,0 0 0
4 7 .0 0 0
recorded, and in the aggregate business is still very small.
3 ,0 0 0
3 1 .0 0 0
56,0 0*
The demand for spring, likewise, is of a confined character;
1 0 5 .0 0 0
an
increase in the number of buyers inspecting samoles and
20 .0 0 )
157 ,00 0
Y.ooo
in inquiries concerning prices is taken as an indication of
5 6.0 00 growing interest in future requirements likely to result in an
'i i'.ooo
45.000
16.000
20.00 > imoroved business before long. The fac that the first ten
1 ,0 0 0
..............
2 9 ,0 0 0
1 1 6 .0 0 0
4 7 ,0 0 0
17,000 days of the month have passed free from failure* of import
1 7 8 .0 0 0
ance helps towards a more confident feeling. Overcoatings
2 1 4 .0 0 0
1,000
2,000 are dull but cloakings sell in fair quantities still. There has
7 5 .0 0 0
2,000
been an increased business in new sprinr lines of dress goods
1 3 .0 0 0
21.000
both in all-wool and cottoB-warp fabrics, but trade iu fall
2 4 6 .0 0 0
4 9 .0 0 0
3 3 ,0 0 0
.............. 1 9 9 ,00 0 makes lias been poor and at irregular prices.
Flannels and
..................................
3 ,0 0 0
blankets continue dull in the absence of cold weather but
6 3 1 .0 0 0
2 5 ,3 0 0 8 1 5 ,0 0 0
carpets show a slight improvement.
1 0 1 .0 30
. . . . ...
2 3 7 ,0 0 0
F o r e ig n D r y G o o d s . —The demand for seasonable goods
5.3.47.000 5 3 9 ,0 0 0 2 ,8 1 8 ,0 0 0
5 .2 7 4 .0 0 0
5 .’2 ,0 0 0 2 ,7 1 0 ,0 0 0 has been I lively confined to specialties for the holiday trade.
8 .2 5 4 .0 0 0 1,27**,000 2 ,! 8 ),0 0 0 Outside of these buyers have purchased sparingly and in all
4 ,3 3 1 ,3 9 8 2 ,1 2 8 ,4 2 ? 3 ,1 3 7 ,4 9 4
Buyers have
3 ,980.231
7 0 7 ,0 0 1 1,720,383 divisions cleaulug-up prices hive been the rule.
again proved conservative in making engagements for spring
in all kinds of dress fabrics, fine printed and woven cations,
woolen and worsted goods and silks alike being ordered in
TH E DRY GOODS T R A D E .
limited quantities. A number of importers state that the ag
gregate engagements do not amount to over 25 par cent of
N kw Y o r k , Friday, P. M., Novem ber 10,1893.
The coarse of the market this week has bsen interrupted by the quantity usually booked by this time of the year.
the elections and the holiday in connection therewith. Not I m p o r t a t io n s a n d W a r e h o tls e W it h d r a w a l* o f D ry f l o o d * .
The importations and warehouse withdrawals of dry good*
withstanding this, the aggregate business transacted it gen
erally reported in excess of what wae done the previous week. at this port for the week ending N >v. 9, and since Jan, 1,
1893, and for the corresponding' periods of last year are as
There have been more buyers in the market daily, anl follows:
although the gre^t majority have still confined their opera
tions to covering immediate requirem -nte, occasional free
purchases of staple cottons have been recorded, with a more
pronounced disposition to make engagements for spring trade
by the roost forward buyers. This is an indieiti m of slow
improvement, and it is to be noted that the tone of the eittoa
goods division is marked by some accession of confidence that
the present low level of prices generally marks rock bottom.
Stocks continue light in the aggregate in ad lines, and
although some agents are disposed to “ trade" to move off
balances of certain makes, they are exceptions. Here anl
there the tendency is in an upward direction, hut not to the
extent of establishing an advance in quotations anywhere.
Collections have again been a favorable feature in both otton
and woolen departments.
721.000
D o m e s t ic C o t t o n G o o d s .— T h e e x p o r t s o f c o t t o n g o o d s
fr o m this p o rt fo r th e w e e k e n d in g N o v e m '* e r 7 w e r e 5,093
p a c k a g e s , v a lu e d at *272.723, th e ir d e s tin a tio n b e in g t o the
p o in ts sp e c ifie d in t h e ta b le b e lo w :
S a w YORK TO N ov. 7.
Gr*at B ritain.............. ......
Other E uropean....................
C h in a......................................
India.................................
Arabia.............. ...........
A frica ......................................
West Indies............ ................
M exico....... ..................... .
Central A merlea...........
Other countries......................
T ota l..................................
China, via. V ancouver.___
1893.
1892
W ee k . S in c e J a n . 1.
W eek. S in c e J a n . 1
203
49
2,416
675
161
215
....
■If)
1,199
30
4.386
1,447
29,573
5*530
11,487
6,2 9)
16,836
2.061
4.137
43,959
2,305
129,023
31,591
T otal.................................. 5,093
159,614
• From New F inland mill point* d irest
|
25
262
14
51
400
62
4,888
1,450
68,725
5,430
12,675
6,983
13,868
2M &
5,391
39,841
2.460
■
1,132
'349
161,701
19,120
1,481
183,821
186
20
112
i
The value of the New York exports since January 1 has
been f7.fit3.587 in 1893 against *8,812,620 in 1893.
COTTON Goods,—There has been a fair demand in the
aggreg i>e for staple cotton*, the export business again prov
ing au efficient supplement to horn ■buying. Brown sheetings
and dr 11s ate generally firm in price, with the marke. occa
THE CHRONICLE,
818
[Vol. LYII.
In the table below we give the prices which were paid
for October loans to the amount of $7,913,893, issued
by thirty-eight municipalities, the aggregate of sales
t e r m s o f s u b s c r ip t io n .
for which no price was reported being $3,752,980, and
the total sales for the month $11,666,873. In the case
C o m m e r c i a l a n d F i n a n c i a l C H R O N I C K .f i con of each loan a reference is made to the page of the
C hronicle where a full account of the sale w ill be
tains 4 0 to ti t pages published every week.
found.
S
tate
and
C ity
S t a t e a n d C ity S u p p l e m e n t of C H R O N I C L E con
tains 1 8 0 pages published periodically.
I n v e s t o r s ’ S u p p l e m e n t of C H R O N I C L E (a Cyclo
paedia of Railroad Securities) contains 1 6 0 pages published
every other month.
Subscription to CHRONICLE for one year $ 1 0 . 0 0 ,
which includes every issue of both Supplements.
T h e p u r p o s e o f t h is S t a t e a n d C it y D e p a r t m e n t
is to furnish our subscribers with a weekly addition to and
continuation of the State and City Supplement. In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
S tate and City Supplement to as near the current date as
possible. Hence if every Subscriber will note in his Supple
ment on the page designated at the head of each item a
reference to the page where the item in the Chronicle can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.
M U N IC IP A L BO N D S A L E S I N OCTOBER.
Our review of municipal bond sales for the month of
October shows the marked restoration of confidence
which has taken place among investors in this class of
securities. The aggregate amount of the sales reported
during the month was $11,666,873, a very large in
crease on the total for any one month of this year, and
exceeded only in June and October of 1892. The total
sales in September were a little less than $4,000,000,
those o f August less than $3,000,000, and in each of
the two preceding months the total amount of bonds
placed was considerably less than $2,000,000.
Prices bid for new loans still continue low, hut quite
a material advance is noticed on those which were re
ported during the height of the financial stringency.
It will be noticed that none of the issues in our list
hear interest at a rate less than 4 per cent excepting
the New Y ork City loan, which was taken by the sink
ing fund and is not therefore to be compared with
sales made to outside parties. A number of cities have
been obliged to advance the rate of interest paid in
order to secure the sale of their securities at par.
Rochester, N. Y ., after failing in the attempt to
market 3-|s, and being unwilling to advance the rate,
has considered it advisable to negotiate a large tempo
rary loan. It is the opinion o f the Finance Committee
o f that city, after a visit to New Y ork to investigate
the matter, that the market will be ready to tako the
3£ per cent bonds within the next few months.
A noticeable chang e in the reports of sales for the
month of October is that the large bond houses are
again to be found among the bidders, and the number
o f proposals received for the more popular issues is
greatly increasing.
Boston has had. no difficulty in
selling the remainder of her large issue, a part of which
Treasurer Turner managed to place at the time when
the stagnation in the money market was all but com
plete. [A full account of the loans sold by this city during
the past four months is given in a following article.]
[Sa le s
P age.
of
L o ca tio n .
B onds
R a te .
7 3 3 ..A u s la ize Co., Ohio..........
6 4 9 ..Boston, M a ss....................
6 JO..Boston, M ass....................
6 4 9 ..Boston. M ass....................
6 4 9 ..Boston, M ass....................
7 3 3 ..Boston, M ass....................
7 3 3 .. Boston, M ass....................
7 7 8 .. Brooklyn, N. Y ............... .
7 7 8 ..Brooklyn, N. Y ...............
7 7 8 ..Brooklyn, N. Y .................
7 3 3 ..Cincinnati, Ohio.............
6 4 9 ..Cleveland, Ohio...............
6 9 4 ..Columbus, Ohio...............
6 4 9 ..Delaware Co., Ohio........
6 4 9 ..Detroit, M ich....................
(?).. .Duluth, Minn....................
6 9 5 ..D uvalC ounty, F la ..........
6 5 0 ..Fall River, M ass.............
7 7 8 ..Fall River, M ass.............
6 9 5 ..Hartford, Conn...............
6 9 5 ..Highland School Dis’t
Nc>7 1, 111............................
6 9 0 ..Hillsboro, Ohio................
6 5 0 ..Houghton, M ich.............
6 5 0 .. Jersey City, N. J ............
6 5 0 ..Jersey City, N. J .............
6 5 0 ..M adison Co., 111., School
Dis. No. 1, T. 3, R. 5 . . . .
7 7 9 .. Madisonville, Ohio___ __
7 7 9 .. M adisonvillc, Ohio..........
7 3 4 .Manchester. N. H ...........
6 5 0 ..Marinette, W is.................
6 5 0 ..Marion, Ohio....................
6 9 6 ..Milwaukee, W is...............
6 9 6 ..Milwaukee, W is...............
6 5 0 ..Morgan Co., In d .............
6 9 6 ..New York C ity...............
6 9 7 ..Park County, M ont........
6 5 0 ..Paterson, N. J ..................
697... Portland, O re...................
( ? )... Quoinie Sell. Dist., N. Y ..
697..Sagiuaw , M ich.................
7 8 0 .. St. Louis, M o.....................
7 8 0 ..SouthMilwaukee, W is ..
6 5 1 .. Springfield, Mass............
6 5 1 ..Toledo, Ohio.....................
7 8 1 ..Van W ert Co., Ohio........
6 5 1 .. Van Zandt Co., T e x ........
6 9 8 .. W est wood, Ohio..............
61 3 ..W in to n Place, Ohio........
73 4 ..W in to n Place, Ohio........
7 8 1 ..Yonkers, N. Y .................
781..Y on Iiers, N. Y ...................
6
in
O cto ber .
M a t u r it y .
A m o u n t,
A w a rd .
1895-1900
Oct. 1 ,1 9 2 3
1913
Oet. 1 ,1 9 2 3
1913
Oct. 1, 1913
Apr. 1 ,1 9 1 3
1896-1921
Jan. 1 ,1 9 1 3
Jan. 1, 1913
June 1 ,1 9 1 2
Oct. 1 ,1 9 0 2
4
4
4
4
4
4
4
4
4
4
5
5
6
1894 -19 0 3
4
Nov. 1, 1923
5
Nov. 1 ,1 9 2 3
5*3 Nov. 1, 1932
4*2 Oct. 2 ,1 9 1 3
4
4
1918
50,000
7 6 5 ,0 0 0
4 2 0 ,0 0 0
10,0 0 0
5 ,000
150 ,0 0 0
399 ,0 0 0
4 2 5 ,0 0 0
125 ,0 0 0
50,0 0 0
1 50,000
100 ,0 0 0
4 0 ,0 0 0
9 ,960
100 ,0 0 0
200 ,0 0 0
50,0 0 0
150 ,0 0 0
4 9 ,0 0 0
100 ,0 0 0
102-05
101-389
100-539
102-99
101-599
101-685
101-556
100100-25
100-50
1001 0 6G 33
1001001001
104159
IOL-25
102-27
100100-
5
6
6
5
5
1913
1913-1933
20,0 0 0
7 5 ,0 0 0
10,0 0 0
6 0 0 ,0 0 0
32,0 0 0
100100033
100100101*
2 0 ,0 0 0
15.000
3 ,776
100,000
50,0 0 0
24,0 0 0
5
July 1 ,1 9 1 3
5
110 ,0 0 0
52 5 ,0 0 0
5
July 1 ,1 9 1 3
30,0 0 0
6
6 49,979
3
Nov. 1 ,1 9 1 1
75,0 0 0
July 1, 1913
6
5 0 ,(0 0
1908-1909
5
25,0 0 0
Apr. 1, 1923
5
3 ,500
10-years
2 5 ,0 0 0
5*3 N ov. 1 ,1 9 1 3
4
Oct, 2 ,1 9 1 3 1,2 5 0 ,0 0 0
55,0 0 0
1 50,000
4
1923
4 9 7 ,0 0 0
June 1, 1903
5
16.000
6
5,500
5
14.0 0 0
6
1 8 94-1903
1895 -19 0 4
12,000
6
1894-1903
1,870
6
27,0 0 0
1 895-1897
6
94,308
4
100100-533
100-25
106-090
92*25
100-625
101100100100*100'
100100-38
101-015
112-15
10090100100100-781
100100'
100-375
100101-722
100.
Sept, 1 ,1 9 2 3
Sept. 1, 1923
Nov. 1, 1913
5
Nov. 1 ,1 9 2 3
5
1894-1903
6
4*2 Nov. 1 ,1 9 1 3
T otal.........................................
Aggregate of sales for which no price has
been reported (from 27 m unicipalities)___ 3 ,7 5 2 ,9 8 0
Total sales for O ctober..
........................ $ 1 1 ,6 6 6 ,8 7 3
* Less a commission of $4,000.
C IT Y O F BOSTON BONDS D U R IN G TH E F IN A N C IA L
CRISIS O F 1893.
The successful placing of the city of Boston loans during
the late financial panic has attracted much attention in the
bond markets of the principal cities, as showing that the
credit which Boston has always enjoyed was maintained
during very great financial disturbances.
On the 27 th of July, 1893, City Treasurer Turner of that city
advertised to receive proposals on the 2d day of August for
$1,000,000 20 and 30-year 4 per cent coupon or registered
bonds, and on that date he received only one proposal for
$10,000 30-year coupon bonds at par which he rejected.
On the 5th of August, with the approval of Mayor Matthews,
he advertised to sell the bonds over the counter in his office,
and successfully placed the whole million dollars at par and
at a premium the amount of which was $1,465.
On the 7th of September City Treasurer Turner again ad
vertised for proposals'to be received September 13, 1893, for
$1,014,500 in coupon or registered 4 per cent 20 and
30-year bonds. H e received proposals for $30,009 at par and
$125,000 30-year bonds at 100 13-100. The last named bid was
accepted and the other rejected. W ith the approval again of
the Mayor the remainder he sold at his office at par and a
premium amounting to $1,587 50 on the whole $1,014,500.
Having disposed of the above $2,014,500 loans, it was found
necessary, in order to meet the actual wants of the city be
fore Jan. 1, 1894, to advertise to receive proposals fur $2,011,325, coupon or registered bonds, which was done on Sept. 29,
proposals to be received on Oct. 6, 1893.. The proposals were
received on that date and Uie following awards made, viz :
THE
N ovem ber 11, 1893.j
819
C H R O N IC L E .
s
Gerarfl Bemcnt,
S . L. B ay <k Co.,
I’ ubllo P art 30-yr. o o a .............. $ 1 0 ,0 0 0 ®
Various iiarpones, 20 yr. ooa..
103*1009
tax-payers of Boston began paying in their taxes of 1893 early
in September, and there has been received by City Treasurer
Turner from City Collector Ricker of this year’s tixes, due
November 1 to the 8th instant inclusive, $3,448,105 78. This
forms two-thirds of the whole tax levy of the year, showing
a prompt response on the part of the citizens in providing
means to carry on their government. From the sum received
the City Treasurer will pay this month $4,135,900 of the Tem
porary loan ($6,000,000) borrowed in anticipation of taxes.
8,< 00® 101*5 ’ *9
Public P art. 3<,'-jr. coit_______ 440,Ono®
lib r a r y , SO yr. t e i t - .................. 325,000®
Vatican purposes. 20- j t . e o n .. 16o,' 0 0 u>
Street bonta, -O y r . cou ............. 2 6 0 ,0 0 0 ®
10X389
l o t 3 -9
100*530
100*539
The other bids as follows were rejected :
H enry Salilva-o, SO-yr............................. ....................
$5,000 tor $3,010
Frai.klin s»viu »* Bank $ 1 ( 0 .0 0 0 registered, a t par for either of the
loans except the City Hospital.
On the 7th of October, of the bitb rejected $219,000 payable
April 1, 1912, were sold to Messrs. Lee, Higginson & Co. for
100 75, and on the 14th the balances of loans amounting to
$1,825 were sold at par. For the remaining $549,000 20-year
West V i r g i n i a Certificates.—An adjustment company
4 per cent coupon or registered bonds a circular was i-sued has been formed with the Mercantile Trust & Deposit
for proposals to be received October 19, 1893, for which the Company of Baltimore at its head, for the purpose of
following bids were received, viz:
attempting the settlement of the West Virginia debt.
K w Y ork Life Insurance Co............................
AH
® 100*791
Holders of West Virginia certificates of all classes (in
« 101*50
Clara J. Ruimala, highways.................... 81,COOpeg.
cluding receipts of the Farmers’ Loan & Trust Com
E *»t Ulvrr tia>ioc- w.iak, either................... ioo,ftoo reg
* 1 0 0 50
B t t Slater, either.............................................
2 0 ,0 0 0 coupon
«
100 75
pany)
may deposit the same with the Baltimore company
H . N. S urer, either ........................................
20,000
**
a 101*
3<V 00
"
*,j 10 *B0
Jaekxon A- Curti-. U g h w a y # ......................
mentioned above or with the Virginia Safe Deposit &
R - L . Day A ( o , highways........................... 150,000
"
® 101*6=8
Fidelity Company of Richmond and negotiable trust receipts
K , L. Day & f*o . vurions purpose* 15 93.-.
38 *,001 **
*10 1-;,5 6
B lod g ett, Merritt i t Co., h ig h w a y s............ 150,000
"
- 101*08
will be issued therefor.
The deceits will be made under an agreement providing
The bid# of B. L. Day <fc Co. were accepted and the award
made to them. This transaction closed the sale of the city of that no plan of settlement can be adopted unless it has been
Boston bonds, which began in August and terminated October unanimously approved and recommended by an advisory
19, 1898, the total amount of securities disposed of being board consisting of Messrs. Charles Francis Adams of Boston,
$4,025,825. Daring the same time City Treasurer Turner sold W. Pinkney White of Baltimore and Holmes Conrad of Vir
at his office $2,458,350 city of Boston Temporary loan in ginia, and having power to add to their number. It is fur
anticipation of taxes payable in two, three or four months ther provided that after a proposed plan of settlement has
from the date of the same bearing 0 (>•r cent interest. This been recommended by the advisory board it must be pub
record of the financial transactions of the city of Boston lished for at least twenty days ia one or more newspapers in
during the height of the recent j*ante is a most remarkable London, New York, Baltimore and Richmond, and be ac
one, and it reflect# gre it credit on the city’s fimneiat integrity cepted by at least t w o -t h ir d s in v a lu e o f th e d e p o s ito r s , as set
and the honest administration of its municipal affairs. The forth in the agreement, Any certificate may be withdrawn
N E W LO A N S .
N E W LO ANS.
C H O IC E
$ 6 4 ,0 0 0
SOUTH
M ILW A U K EE,
5° o BONDS.
Water Wort* Bonds, malme In W SO f e r n .
».« * »» «nool Bl*d*« Bond#, mature to » « * » jrew*.
16 , 1*0 Sewer Bonds,
m» ure In »-* > rear*.
Bern .uillation, t •<» Inter®** p*r»bt* w s M a noaftjr J m n n r j aafl S a if. « South MU»*ak<«. Wis
er nurr t* collected tiuottfh thu •>»«..
STATEMENT.
............................... I 2 .o o.oco
Real Vatna'loe
A**e*wd VamaUeo............................... L * * S «»
Total i-ei*........ ........................IT *.**(.*
Itedacliurf Water 'Aorta ........... I*cow
m m C ity D e b t .........................................
»,< # »
JPopniathjK, .h oot i.ico.
I'UKKWM*A 1s t . 8 d «iX T *ro kai.e.
A te#*) luvctm ent for l ft- Saving. Bank* of
Bh«d« team,. ■<**’ Uamtrftlre and s e a J.rw y with
the eftil |..i. <*t Varment 6»r the School Bond*.
Wtacoas'n statute* limit mdebrednou to » per
Cent o f the wwiini a valoaUrio.
(South M thm im ikian imp-rl rlt -manufacturing
and rrttdenl wattuttt of MUvaakee. S[mwi*J a r
eolar upon application to
CKO. A. LEWIS A CO.. Hanker*.
13# La Salle St., CniCAOO.
City of St. Louis, Mo.,
HOLM , 4 P E R CEN T B U N D S.
IN
Street Railroad and
Municipal Bonds.
PRICKS TO SUIT THE TIMES.
C o .,
» W ALT, STREET,
Edward M orton & C o.,
53 Broadway, N e w York.
•pedal (lea :
J IB tfIC tm ,
S T B K H T H A ll,W A Y RONDS
and
B A N K S T O C K N.
W ater Loan 4° 0 Bonds,
C oupon o r r e g is te r e d .
S T ., N E W Y O R K .
CLEVELAND.
In deno®iuatloti o f 11,003 each.
BOSTON.
We offer the above fubject to sale at ldi and iutoreefc.
CHOICE
BONDS.
UM*> >Colnmtom, Obio.fi*. Price HR *nd !nt«r«*t.
l *.,000 New Brighton, Fa.. School 5*. price l*» and
tsmrev*.
lO.OCd (ihlt.pawa Fail*. Wl»„ ««. PrU» teOan«i»t«r5 ,0 0 S u p e r io r , W I - „ «!*.
Blake Brothers & C o .,
2S
P r i « s 1DU and, ia t e m a t .
STATE
STREET.
BOSTON.
KWO Staten Maud Ball war Co. D t awn. gold AW
5
lir a
NASSAU
S T .,
N EW
YORK.
m e tnrlted to call, vrrite, or telegraph si
o u r e x c i s e , l o r p r ice * o n o t h e r c h o i c e b o n d * .
C. H. W H IT E & CO.,
BAN KERS,
B O N D S.
72 B R O A D W A Y , N E W Y O R K .
&
Sons,
BAN KERS,
Dealer* in M UNICIPAL BONDS,
Sc
OF T A U N T O N ,
D ae J u ly 1, 19 ‘i i .
45 W A L L
Legal JavMnsenta for New Tort State Sarin**
Banka and Traat Panda.
Farson, Leach
C IT Y
Lamprecht Bros. Sc C o.,
W . J. Hayes
P rlcea and P a r tlc a la r a upon A p p lic a tio n .
$ 2 5 ,0 0 0
Corrrwpondence invited.
City of Detroit, Mich.,
4 P E R CEN T B O N D S .
LO ANS.
IN V ES TM E N TS
W IS .,
M ated 1 S » 3 i l « » » r d fo r W a t e r W o rk * .
M ato S e w e r * and S c h o o l B u ild in g .
NEW
Straei Railway Bonds and other high grade Inn t - 3 \ s s s p r r iw s o j^
7 Eschange
C ity o f C in cin n a ti C ou p on la .
C ity o f C in cin n ati C3k*Id fla.
C ity o f C in cin n ati C ou p on 7 3 -1 0 * .
S ta r k C oun ty C ou rt H ou se 6*.
N o r w o o d , O h io, W a te r 514»«
Lin w o o d , O h io, W a t e r 5s»
W ilm in g to n , O h io, T o w n H a ll 5a.
P A R T IC U L A R S U P O N A P P L IC A T IO N .
10 W a lI s t r e e t ,
N^W York.
C a b le * d d r r t . , ** if K N N K T O .* ’
F O U SA L E B Y
Rudolph Kleybolte & Co.,
IN V E S T W EN T
G eo. M . Fluston & C o.
__
BAN KERS,
CINCINNATI^ OHIOn,
___
B O N D AND S T O C K DEAL ERS.
H ackett & H off,
W « hoy and *«tl outright all Western
Manlrifai Hood, and Stock*. Wa
cheerfully furnl.n full and reliable tn
formal Ion con. -r .log any We»tern *«.
ourlty aitr-o.it chnrg.*, Montoljr qa,,.
talK.n circular mailed to all applicant*.
NawbmiMof maulolpal twnd»»autod.
IBAL ESTATE AND INYI8TMENT8,
*0 5 P IN E S T R E E T , ST . L O C IS , 310,
« R f flie h lg r a n Ht,3 M i l w a u k e e , W in .
F ir s t M o r t g a g e s o n iru p r o v e d M ilw a n k e o IieaJ
E sta te, b ojiritm s i x a n d s e v e n p e r c e n t lu te rest
a lw a y s o n b a n d . N o c h a r g e t o t h e i n v e s t o r f o r c o ll e c i l o g I n t e r e s t o r lo o k in g a f t e r t a x e s a n d fire l o s t f f l
a n c e . A b i o i u t e s e c u r it y .
THE CHRONICLE.
820
[V o l . L V II.
Comptroller, for the purchase of $200, 000 of Buffalo City tem
porary loan water bonds dated Oct. 1, 1893, and $209,176 37 of
Buffalo tax loan bonds dated Aug. 1, 1893. The water bonds
bear interest at the rate of 4 p. c. and become due July 1,1894,
and the tax loan bonds bear interest at the rate of 3% per cent,
payable semi-annually on Feb. 1 and Aug. 1, and become due
Aug. 1, 1898. Both principal and interest of each loan may
be payable at the office of the City Comptroller or at the Gal
latin National Bank, New York, as the purchaser may elect.
B o n d P r o p o s a l s a n d V e g o t l a t l o n s . — W e have r e Propo-als must state the price per $100, the water bonds to be
ready for delivery on or after Nov. 15, and the tax loan bonds
c e iv e d t h r o u g h the w e e k th e f o l l o w i n g n o t ic e s o f l o n d s
on or after Nov. 19, 1893.
r e c e n t ly n e g o tia te d a n d b o n d s o ff e r e d a n d t o b e o f f e r e d fo r
Bids will also be received until Nov. 14 by the City Comp
Bale.
troller for the purchase of $60,000 of Buffalo City refunding
bonds. This loan will be dated June 2, 1893, will bear inter
Anaheim Irrigation D istrict, Calif.— Mr. B Y . Garwood,
Secretary of the Anaheim Irrigation'. District, writes the est at the rate of 3 }{ per cent, payable semi-annually on June
Chronicle that no bids were received for the $200,000 of dis 2 and Dec. 2, and will become due June 2, 1913, both princi
pal and interest being payable at the Comptroller’s office oi at
trict bonds recently offered for sale. He states that $170,000
the Gallatin National Bank, New Y^ork, as the purchaser may
of the amount have been contracted to N. W . Harris & Co.,
elect. Proposals must state the price ppr $100, the bond3 to be
of Chicago, at 90 cents on the dollar, ‘but that the same have
ready for delivery on or after Dec. 2, 1893.
not been delivered.
The bonded debt of the city of Buffalo on Oct. 1, 1893, less
Auglaize County, Ohio — It is reported that the $50,000 of
bonds held by the city in sinking funds, was $10,967,677 75.
court house bonds of this county have been sold. The bonds
Chicago, 111.— (State and City S upplement, page 93; —
are dated October 1, 1893, bear interest at the rate of 6 per It has been reported this week that 5 per cent drainage bonds
cent and mature at the rate of $5,000 semi-annually from to the amount of $3,000,000 will be issued by Chicago.
October 1, 1895, to April 1, 1900. The county has no other
Cleveland, Ohio.— (State and City S upplement, page 79.)
debt.
— Sealed proposals will be received until November 18, at the
Boulder, Col.— (State and City Supplement, page 136.)— office of W . A . Madison, City Auditor, for the purchase of
E. K . Stafford, City Clerk, writes us that a meeting of the $285,000 of 5 per cent bridge repair coupon bonds, maturing
Council will be held on November 6 to receive offers for all or October 1, 1903, and $147,000 of 5 per cent fire department
any part of the $50,000 of water-works bonds recently voted, couoon bonds, maturing October 1, 1903.
and if not then sold the bonds will be held open until dis
Bids will also be received until December 6tb. at the office of
posed of. They will be dated December 1, 1893, will bear in the County Auditor, for the purchase of $130,000 of 5 per
terest at the rate of 6 per cent, payable semi annually in New cent canal coupon bonds, maturing October 1, 1903.
York or Boulder, and will run 15 years, with an option of call
Interest on each of the above-mentioned loan3 will be pay
in 10 years. Principal and interest will be payable in gold, able semi-annuallv, both principal and interest being payable
at the American Exchange National Bank, New York City.
and the bonds will be sold at par.
from deposit without cost at a n y tim e after March 4, 1894,
unless a plan of settlement has been previously approved and
recommended by the advisory board. The depositaries are
authorized to make a charge of §1 for each $1,000 of certifi
cates deposited after December 1, 1893.
Buffalo, N. Y.— (State and City Supplement, page 45.) —
Bids will be received until Nov. 13 by Joseph E. Gavin, City
Dayton. Ohio.— (State and City Supplement, page 80.)—
Bids will be received until December 1 by C. A . Herbig, City
M ISCELLA NEO US.
M ISCELLA NEO US.
THE
INVESTMENTS IN THE SOUTH.
Lewis Investment Co.,
D E S M O IN E S , I O W A .
CAPITAL PA ID UP,
-
$150,000.
Exchange Banking &
Trust Company,
Choloe Investm ents in the m ost C o n ie r v s
C H A R LE S TO N , S. C.
tlve F ield In the W e s t
T ra n sa c ts a G e n e ra l B a n k in g and T rn si
B u sin e ss. S a v in g s D e p a rtm e n t. In tere st
A llo w e d on D e p osits.
Q iy
BCD
P C k f T Qnaranteed F'ir>t Men*
O I A r C I l U t n I gages on improved land *
in Iowa and Eastern Nebraska. Safe and Desirable
F ifteen Y e a rs* .Successful Experience,
Send lor P am phlet.
W . A . H OTCH KISS,
GEO. fl . LEW I fc
Secretary.
President.
G. R. Voss,
Commercial Paper,
Bonds, Stocks and Investment Securities.
508 FIRST NATIONAL BANK BUILDING.
Omaha, Nebraska.
W M . FRANKLIN HALL
BOOKS
ACCOUNTANT AUDITED
New forms designed for books of account.
Investments made (at usual rates of commission)
in safe and reliable interest-paying Southern Becuri
ties, and 1 st mortgage loans on improved city and
town real estate. Correspondence solicited as to
all Southern investments. Being within easy reach
of all parts of the South. thorouyh and careful in
vestigation can be made of intended investments by
purchasers.
O F F IC E R S .
GEO. B, EDWARDS, President.
P. N. PICKENS, Cashier.
R. E. MUCKENFU-S. Secretary and Treasurer
J. LAMB PERKY, Solicitor.
SMYTHE & LEE, General Counsel.
D IR E C T O R S .
A. S. J. P e r r y , of Johnston, Crews & Co., wholesale
dry goods.
W illia m M. Bir d , of Win. M. Bird & Co., wholesale
paints and oils.
Jam es A llan of James Allan & Co., Jewelers.
J. H. F. K oenig , with Knoop, Frerichs & Co., cotton
exporters.
Geo. B. E d w ar d s Pres. Electric-Light & Power oo
M ISCEL LA NEO US.
1850.
1893.
The United States Life
Insurance Co.
IN T H E C ITY OF N E W Y O R K .
OFFICERS.
G E O R G E H . B U R F O R D , President.
C. P. FRALEIGH............................................ Secretary.
A. W HEELWRIGHT..................Assistant Secretary
WM. T. STAND EN......................................... Actuary
ARTHUR C. PERRY......................................... Cashier
JOHN P. MUNN................................ Medical Director
FINANCE COMMITTEE.
GEO. G. WILLIAMS..............Pres. Chem. Nat, Bank
JULIUS CATLIN........... ............................. Dry Goods
JOHN J. TUCKER..............................................Builder
E. H. PERKINS, Jr ^ Pres. Imp. & Traders’ Nat. B*k
The two most popular plans of LIFE INSURANCE
are the CONTINUABLE TERM POLICY whioh
gives to the Insured the greatest possible amount of
Indemnity in the event of death, at the lowestpossible present caBh outlay; and the GUARANTEED
INCOME POLICY which embraces every valuable
feature of Investment-insurance, and which in the
event of adversity overtaking the Insured may be
used as COLLATERAL 8ECURITY FOR A LOAN,
to the extent of the full legal reserve value thereof
in accordance with the terms and conditions of these
policies.
Good Agents desiring to represent the Company
are invited to address J . S . G A F F N E Y . Super
intendent of Agencies at Home Office.
MUNICIPAL SECURITIES
OF
P IT T S B U R G
AND
V IC IN IT Y
D e a lt In by
Settlement of Insolvent Estates.
Jas. Carothers,
418 Exchange Building, 53 State Street, Boston
90 F O U R T H A V E .. P IT T S B U R G . P A .
Jos. O. Osgood,
SEARS & W H I T E ,
NEDERLAND
Life Insurance Co., L’d.
E S T A B L IS H E D
Successors to
EUGENE R. COLE,
M. Am. 80c. C. E.,
C O N S U L T IN G
12 0
E N G IN E E R ,
BROADW AY,
NEW
YORK.
Makes specialty of reports on railroads and other
-Investment properties.
Examinations made in any part of the country.
C onsulting
B.
Supply Banks, Bankers, Stock Brokers and Cor
porations with complete outfits of Account. Books
and Stationery.
X3T New concerns organizing will have their
orders promptly executed.
STREET
K IR B Y ,
M in in g Engineer
M etallu rgist,
and
No. 9 Windsor Hotel Block, Denver, Col.
SPECIALTY.—The Expert Exam' p^'-n of Mlnirg
investments and hletallurg > j , terprises.
THOM AS BRANCH
1 8 5 8 , IN A M S T E R
Assets to Liabilities, 159 Per Cent.
ST A T IO N E R S AND P R IN T E R S .
N o. 1 W IL L IA M
EDM UND
IN
DAM, HOLLAND.
& C O .,
B ANKERS AND BROKER 8,
R IC H M O N D , V IR G IN IA .
Investment Securities a Specialty. Private Wire
to New York.
New System of Life Insurance,
COMBINING LOW RATES W ITH AMPLE SE
CURITY. UNPRECEDENTED INDUCEMENTS
TO THE INSURABLE PUBLIC.
U- S. Offica, 874 Broadway,
Corner 18th Street, New York.
AGENTS
W ANTED
THE CHE ONI OLE.
N ovem ber 11, 1893.J
Coinpwoll r, for the purchase of $155,000 of city bonds, as fol
lows:
W h en D u e .
LO A N S—
IFAet D u e.
LOANSSTKK f r P r v i M B o n d - . —
Skwkr Bi>st>s—
Sa, aemt-au.. rlO.OOO. Dee. 1,1691 6*. seiul-aD„!jS*!7,OOO..Dee. 1 . 13SK
6*. sesol-ao,, 11,0 <L. Dee. 1. 1*>95 j 6». semi-all , 29,000.. Dee. 1, 1-95
* . avm '.an., 1 1,o 0 o . p e c. 1, 1898 J« *, .-fn)I-»E , •.'S,00*>..Dee. 1 . t * S
e». .emt-ira.. i 2.<oo... Dee. 1. 1 .W ' C t. seu4-aB.. 9 9 ,0 0 0 ..Deo. I, 1997
« , s e m i - j o . . 3 9 0 0 0 . . Doe, J, 189? 1 i *33.000 d o o y ’ rly I to Dee, 1. IS: 9
( 9 1 3 . 0 0 0 d u e y ' r l y ) t o Dee. i , ISuO j t s.sem i an.. 90,000. Deo. 1. l:*C0
Ss.setBf-an., . t,t,> o. ■ex. 1, UM 1 i w , -oml-au , S2.0C0. JD*-o. 1, 1901
6», » » i-au., 13,' 0 0 .. Dee. 1, 1 9 0 2 ,6s. *euu -»o„ 3 8 ,o 0 0 ..D «* . 1 , 1902
i t , aemi-.iB.. 15,000.. Dee. t , 1803 |ts, setnl an , 39,000 .Dee 1,1 903
8
6
These bonds will be issued in series, proposals to be rec iced
for each complete aeries, and a c* rti ied check of 5 pe r cent i t
the gloss ameur t bid. payable to the order of the City Comp
troller, trust accompany each proposal, and the booda w i l l be
delivered to the purchasers at the City Treasurer’s o ff ic e o n De
cember 7, 1893, when the purchase money must be paid in
full. Interest on the loans will be payable ra New York City.
The city’s total bonded debt on November 1, 1893, was $2,896 275. including water bonds $704,000 and assessment bonds
$684,775.
Detroit, Mieb.—(Statu and City Supplement, page 98).—
Mr. C. W, Moore, City Comptroller, writes the Chronicle in
821
Fond du Lac, Mum,—W . H. Hollenbeck, Village Recorder,
writes the Chronicle in reference to the bond offering which
toi k place at Fond du Lac on October 30 that only one person
i was heard-froth, who offered to sell the bonds at a commission
j of 10 per cent, but did not bid on them directly, and the
; securities are not as yet disposed t f. Interest at the rate of 7
; p- r cent will be payable semi-annually and the bonds will
mature in 10 years. b< th principal and inti rest being payable
: in United States gold coin.
Fort Edward Union Free School D istrict, N. Y.— Mr. L.
H. King, Clerk of the Board of Education " f this district,
‘ writes us that $12,000 of district bonds which were offered
for-ale on November 1 have been awarded to A. R. Wing,
of Ft. Edward, at par and accrued interest. The bonds bear
interest at the rate of 4 per cent.
Hamilton Conntv, Ohio.—(State and C ity Supplement
page 82).—The $90,000 of 4 p> r cent 10-20 year bonds issued
for the improvement of West Eighth Street have been awarded
tp th? German National Bank at par and ac rued interest.
Interest on the loan is payable annually. The Columbian
Avenue improvement bonds to the amount of $14,000 have
also b ea sold at par. This loan bears interest at the rate of
4 per cent, payable semi-annually, and the bonds mature in 5
reference to the bond offering which took place at Detroit on years.
October 24, that all bids were r.jictxi. He states that the
H a v e r h ill. M a s s ,—(S t a t e a n d C i t y S u p p l e m e n t , p a g e 25.)
loan will again be advertised in a few weeks. The se-.tmiies
offer* d were 4 per cent 30-year school bonds to the amount —The city of Haverhill loan of 1393 to the amount of $80,000,
which was offered for sale oa November 4, was awarded to
of $150X00.
Mes.-rs. Blodget, Merritt & Co , ot B >s!on, for $30,404 50. The
Duluth, H inn.—(S tate and C ity S upplement , page m 3).— following is a list of the bids received, which has been fur
City Comptroltrr W. G. Ten Brook rep m to the Chronicle nished to u» by Mr .John A. Giines, City Treasurer and Collector:
that on October 30 four bid* were received for the 5200,000 of
B id .
5 tier cent, 30-year g. neral fund bond*, and the securities Warren Iu-t.fT Sttrtng«.Chariestown,Mi>- ,i 5 ‘..0O010,Tr.b on d s .lo o
•
•
•
*
•
*
■
’
"
"
*'2.1,0003Cvr.
bonds.
LOO
were sold to S. W. Harris & Co, of Chicago for $308,817 and K. H. Rollins ASon*, o f Boston, » * » < ., #50,000 tOyr. Kinds 100-0375
accrued ! (Merest. Th- b *ad»are to be of the denomination of
............................
“
••
92.-..0 "• .n>vr. b o n d s ... 10 3 -2 6 2 5
$1,000, dated November 1, 1893, and payable November 1. R. u Pay A Co., o f Boston. Mass . 423.000 SOyr bauds ...... 10016
Risk* Bros. * Co., r»f Boston. M.i*».. $2 V 0 0 3Ui r. bonds....... I0.V3
1828,
Erie, P # .— (S t a t e a n d C r r v S u p p l e m e n t , p a g e 0 7 ),— T he
people of Eric will vote on the proposition of borrowing
$125,000 for an Intercepting aew« r.
C H IC A G O .
llaVrfUM B»f« Deposit A Tmst '.'n .
Klyc. bonds.........1OO-03
•*
"
"
415,000 30yr, bond* ....... 100 538
Biodget, Merritt & Co., o f Boston. Moss . -5 5 ,0 0 0 tOyr. bonds. <00-11
** #25.000 30yr. bond*..101-31
llrcwstor, Cobb A E.tabrouk, o f Bor ton, $25,000 30) r. bauds. 100 03
C H IC A G O .
C H IC A G O .
i he
T itle Guarantee 8c Trust Illinois Trust 8c Savings
EquitableT rustCom panj
Bank.
Com pany
IB # B H A H B O K M S T ., C H I C A G O .
CAPITAL, PAID UP, SURPLUS,
- - -
$5 00 ,00C
- ..............................
50,000
*nd «>■
from soon*. eorgora
a u t h o r i z e d b y l a w t o rei k iv b
•eat* trass* « f vwry ehn w
U oc* wad tn o m d o a la . r a n « o u r * e h *>*■ o f m u i w
rw d e n d pvnotuU . A c t . s s a **n t tor th e r w u u > .
®«M a t e»,op.,nA ini*rawt «uS .llrtdead*. A inga
t l W fM l f for wart soft unw fontu.
1NTRRKST ALLOW *D ON DEPOSIT 1 o t sum*?
w hich a s ; m * a d < u s u , t i n s su 4 r ttli .r a s a s f u i
•v* toys' W t m , m M S HAWS awe.
FUNDS a n d t r l » t in v e s t m e n t s
*r* kaw M nrat* ana apart from tfc* u m U o f tbs
•ompwsr.
trust
A Z*L r . HATCH,
DIRECTORS!
CUA8. H. HU LBURD,
M. W . K E R W IN ,
H A R R Y RU BEN S.
J. a. w a l b u .
OTTO
O K I) N . C U L V E R .
M A U R IC E K O B E N rE L L
sam ubl d. w a r d .
YOUNG.
omctBS:
o r
C » » l l » l , »al<l-al|»
• l,«0 0 ,0 0 4 <
U ndivided eatm lng*, Inrladln*
e a r » la e ............................ ........ ......
A 3 9.00L
D e * « U * d w ith Mint* A o d li.r . .
AOM.UOU
INTEREST ALLOWED ON DEPOSITS,
SUARANTBE9 TITI.it* TO REAL ESTATE.
MAKES ABSTRACTS 0 7 TITLE.
O der* to ra a ie r a In renl ee tste »*eorttle*
eratoettWB n B srd rd by no o th er alalam ot
doing ho*tne*«.
la *ntnona*d by !*wto*ct u Roglnrw of Sto«i>
»nd Bond*. Exoontor, Beoelrer nod Tnutoo for
8*t»to*. Syndloato*. Indltldonl* end Corporation*.
Trail money* wad trail aooonu** k*pi **Mrau
from th* um» u of th* Compway.
C U K R K R P O R D E E C 8 S O L IC IT E D .
o r n c E B ii
OWYNN GARNETT. l>r**td*nL
A. H. SELLERS, VI50.Pre.M 9 0 L
ARCHIBALD A. STEWART. Sowetory.
O B AS. R. I.ARRAHBK. Trowmrm.
FRANK H. BEl,LEIta Tnut Ottcor.
DIRBCTORS:
OH AS. H. HULR LRU. Vlra-Praaidant.
Jamieson & C o .,
h T O C K S .-M O .N D S ,
M others N«w Torn »od Chicago Stock Eschange*.
OKA I! BOHN
a! m. p^
° 0'
PrtT»M »!;• to V m York sod Pbflad»lphln.
Loeb 8c Gatzert,
BANKERS
125 LA H U E V IK E E r, CHICAGO
f-rr Mi* to barge end tmwi wronnti
0R8
JoBn B
B..
John
Wm
a, .
W
m .. 11.
J, Mtt
John J.
J. C. McfcnlMn,
O IR B C T O H 8
m
fee»*
Uoaiaa.
J.Ogden Armorr.
T. ~
Bliss, Fabyan 8c C o .,
N B W Y O R K , B O S T O N .P U I L A D K L P H I A .
8BLLMO AOKKT* YOB L b a DINO BRANDS
BROW N
and B L E A C H E D S U I R T I N R S
and S H E E T IN G S ,
SECURE
BANK
VAULTS.
A . G, Becker,
Sr-tTK eSO R TO
HERMAN
SCHAFFNER
«t C O .
STREET,
C h icago , i l l* .
M ORTGAGE
r -S .K
John 1. Mltcholl. ProaMom.
John 0, Drake. Viov-Preaidonu
W » . iIL H
MUobwU.
h
M*ll,
md V
f ffi Hi. Reid, Third v !;M!-i'real(lent
JiffiM 8 < m h *. t’Mh*r,'. B. M. ChaltWl. AM’t Cn*k"f
PRINTS, DENIMS, TICKS, DUCKS, * 0 .
T o w e l* , Q u ilt*. W h ite G ood * and H oa lory .
D r iU t, S h e e tin g !, dr., f o r E x p o r t T ra d e.
B.
COUNSEL!
SA M U E L D. W A R D , i M a B K
LYMAN A. WALTON. SseraUtT
IL L .
C A P I T A L A N D S U R P L U S . - # 3 .5 0 0 ,0 0 0
Home®«.
J, R. WALSH. President.
197
C H IC A G O ,
CHICAGO,
RA. M* * » « W A R H IN fiT tlE STRK .KT.
C O M M E R C IA L
154 I * Salle Street,
PAPER,
-
Chicago, 111.
A ,0 .8 L A 0 »H T B R . M«m»«r N.T. Mtook Kbrahangr.
t h . V. BAKER. MafflBar Cbtoogo Stock Kgobengt.
O . Slaughter 8c C o.,
BAN K KBS,
1 1 1 - 1 1 3 I.A i*A L L K S T R K K T ,
f ; l M l » * l and la t*r**< * « r * b l * In U * ld .
C H IC A G O , IL L S .
CORRSaPONDENCE SOLICITED.
C h ica g o S e c a ritle * B ough t and S o ld .
QENUINE
WELDED CHROME STEEL AND 1E 0N .3
In R o u n d »&<1 F la t B a r . a n d S -p iy P la to * a n d A u g , . *
FOR Sa FBS, V A B i TS. Ac.
C a n n o t be S a w e d C ttt, o r ^ D r lB e d , a u d p o * l t i r * l y
O lt R C H E S T K K L W O K IC S ,
*oi* Man’ fVr* In th* U. H. II H O O K I.Y N . N. If.
A rch ’d. J. C . Anderson,
P U B L IC
ACCOUNTANT,
1 2 7 W a t e r S tre e t,
-
NEW Y O R K .
^
THE CHRONICLE.
822
The loan is issued in two series,[numbers 13 and 14, the former
of these for $55,000, payable October 1, 1903, and the latter
for $25,000, payable October 1, 1923. Xoterest at the rate of 4
er cent will be payable semi-annually on April 1 and Oetoer 1, and both principal and interest will be payable at the
office of the City Treasurer. The bonds are issued under
authority of a vote of the City Council approved October 2,
1393, and the payment of same is provided for by a sinking
fund.
Logansport, Ind.— (State and City Supplement, page 88.)
— E. C. Throckmorton, City Clerk and Secr< tarv of the
Water-works Board, writes the Chronicle, concerning $20,000 of water bonds recently authorized by the Council, that
the same will bear interest at the rate of 6 per cent, and will
b e c o m e due at the rale of #5,000 yearly in semi-annual pay
ments on June 1 and December 1. It is not known how soon
the bonds will be put on the market.
New burg, N. Y.— (State and C it y S upplement, pace 50).
— Water-works bonds of this city to the amount of $65,000
have recently been sold at par, the bonds to bear interest at
the rate of 5 per cent.
Rochester, N. Y.— State and City Supplement, page 53.—
The city of Rochester has been unable to sell any of her
per cent bonds which she has been offering to the amount of
$1,400,000, and it has been deemed advisable to negotiate 6 per
cent temporary loans to the amount of $400,000. These loans
have been placed with the Union Trust Company of New York.
City Treasurer W illiam s writes us that it may be necessary
later in the month to offer about $200,000 of bi nds bearing 4
per cent interest, which is the highest rate allowed under the
law authorizing the city to issue addilional water supply and
east side trunk sewer bonds. The failure of Rochester to place
a
ptr cent bond at a time when so many 4 and 5 per cent
loans are being offend by other large cities of high credit is
not surprising. The change in the condition of the markets
since last December is shown by the fact that in that month
Rochester’s 3 % per cent 10-20s brought 101 and 101-03 while
in September,” 1892, her
per cent 20-50s were sold just
under 102.
PACIFIC COAST.
Merchants National Bank
O F S E A T T L E , W A S H IN G T O N .
UNITED STATES DEPOSITARY
Antra* Mackintosh, Pres. |Jno. IB. Agen, Vice-Pres.
Wm. T. Wickware, Cashier.
C a p ita ?, 8 * 0 0 ,0 0 0 I Su rp lu s, etc ., 8 4 0 ,0 0 0
In tere st-b e a rin g C ertificates o f D eposit.
Superior Collection Facilities.
Correspondence Solicited
Tacoma National Bank,
First National Bank in the CitVi
TACOM A,
W A S H IN G T O N
P a id -u p C a p ita l...................................8 * 0 0 , 0 0 0
S u r p lu s......................... ............................. 8 1 0 0 ,0 0 0
W . B. Blackwell, Prest. H. O. Ftshback, Cashier.
John Snyder, Vice-Prest. liM . Heilig, Asst. Cashier
G e n e ra l B aukingAB usiness T ra n sa cte d .
Special A ttention to C ollectio n s.
TRUST
[VOL. LVIL
Sabina, Ohio.— The election which took place at Sabina on
November 7, to vote on issuing $10,000 of Township Hall
bonds resulted in favor of the proposition by a large majority,
R. M. Butler, Corporation Treasurer, writes us that the date
of sale has not as yet been fixed. The bonds will bear interest
at the rate of 6 per cent and run 10 years.
Sab in, Ohio.— (State and C ity Supplement, page 84).—
City Treasurer W . R. Miller informs us that sidewalk bonds
of Salem to the amount of $800 are bring offered for sale and
that same will be taken by contractors at par. The bonds
bear interest at the rate of 6 per cent. Mr. Miller also writes
us that at the last offering 6 percent 10-year storm water
sewer bonds were sold at par, this being the only bid received.
The present bonded debt of the city is $199,770. Its assessed
valuation for 18i 3 is two and one-quarter millions ; tax rate
(per $1,000) $29 40. The population, according to local figures,
is 7,200.
Sandusky, Ohio.— (State and City Supplement, page
84.)— City Clerk A. W . Miller writes the Chronicle that the
$7,500 of street bonds which were offered for sale on No
vember 6 were awarded to the City National Bank of San
dusky at par and accrued interest. The bonds are dated Oct
ober 15, 1893, bear interest at the rate of 5 per cent, payable
semi-annually, and mature at the rate of $1,500 yearly from
October 15, 1894, to October 15, 1893. Principal and interest
is payable at the City Treasurer’s office.
Seattle, W ash.— (State and City S upplement, page 148).—
It is reported that negotiations have been completed with N.
W . Harris & Co. for 5 per cent 20 year gold bonds of this city
to the amount of $975,000. The loan is made up of the fol
lowing issues: funding bonds $630,000, sever tunntl bonds
$95,000 and sewer bonds $250,000. Both principal and inter
est are to be payable in gold coin in Seattle or in New York,
at the option of the holder.
Tipton County, In d .— Bids will be received until December
5 for the purchase of court house bonds to the amount of
$150,000.
CO M PAN IE S.
T R U S T CO M PAN IE S.
CONTINENTAL
Minneapolis Trust Co.,
1 0 0 K a so ta B u ild in g .
TRUST COMPANY, C A P IT A L ,
$ 5 0 0 ,0 0 0 .
18 W A L L . S T R E E T , X . Y .
C A P I T A !. A N D S U R P L U S ,
Ot t o T . B a n n a r d ,
.
.
W i l l i a m A l b x a n d e k Sm i t h ,
Go r d o n M a c d o n a l d ,
M a u r i c e S. d e c k e r ,
.
.
.
.
-
8 8 5 0 ,0 0 0
P res id en t
1st V l c e -P r e a '
2d V ice -P re i’
S ecr et ar y
In te r e st A llo w e d o n D e p o sits.
EXECUTES A ! ! TRUSTS.
TRUSTEES :
Henry M. Taber,
Gordon Norrie,
Oliver Harrlman. .Tr.,
William H. Wisner,
William A. Hazard,
A. Lanfear Norrie,
Wm. Alexander smith
Thomas T. Barr,
Robert Olyphant,
William F. Cochrnn,
John C. Havemeyer,
William Jay,
Otto T. Bannard,
Alfred M. Hoyt,
Robert W . De Forest
James C. Parrish,
Glraud Foster
Robert 8. Holt,
Walter Jennlngi.
Gordon Macdonald
F u n d w itli State A u d itor,
Has no deposits; receives money on trust account
only. Burglar proof vaults. Wills kept safely with
out charge. Acts as executor, trustee and guardian;
executes trusts of every description.
DIRECTORS.
Samuel Hill, President; Wm. H. Dunwoody, First
Vice-President; H. F. Brown. Second Vice-Presi
dent; Daniel Bassett, Third Vice-President; Clarkson
Lindley. Secretary and Treasurer; Isaac Atwater
H. W. Cannon, James J. Hill, R. B. Laugdon. A. F
Kelley, W . G. North up, C. G. Goodrich, Charles A.
Pillsbury, A. H. Linton and P. B. Winston.
Missouri Kansas & Texas
Trust Co.,
K AN SA S
SAN FRANCISCO .
The First National Bank
O F S A X F R A Y C IS C O , C A L .
UNITED STATES DEPOSITARY.
C A P I T A !,
SURPLUS,
.
.
.
.
.
.
8 1 ,5 0 0 ,0 ( 1 0
8 8 5 0 ,0 0 0
8. S . Mu r p h y , Preildent. B. D. Morgan , Cashier
Ja m as Mo p iit t , Y.-Pres. O. W . Kl in e , Aa«t. Cash.
G E N E R A ! B A N K I N G B U S IN E S S .
A C C O U N T S S O L IC I T E D .
JOSHUA WILBOUB.
BENJAMIN A . JACKSON
Wilbour, Jackson &Co.,
BANKERS AND BROKERS,
NO. 5 * W E 1 B O S S E T S T R E E T ,
P R O V ID E N C E , R . I.
Dealers In Commercial Paper, Governments and
V*other flrst-clasB Bonds and SecurltifeB and Forelgr
.^Exchange.
Private telegraph wire to New York and Boston.
Members of New York and Providence Stock Lxchs
The Nassau Trust Co.,
1 0 1 B r o a d w a y , B ro o k ly n , N . Y .
C A P I T A L ..............................................$ 5 0 0 , 0 0 0
Deposits received subject to check at sight, anc
intercut n (low ed on the resulting dally dalances.
Certificates of deposits issued for time deposits,
on which special ra te s will be allowed.
IntereNt com mences from d ate o f deposit.
Authorized by law to act as Executor, Adminis
trator, Committee, Guardian, Trustee, Receiver,
Fiscal and Transfer Agent, and as Registrar of Stock!
and Bonds; in a le g a l depository tor T ru i
Fun da and for moneys paid Into court.
Loans made on approved collaterals.
Checks on this Company are payable through the
New York Clearing-House.
A. D. WHEELOCK, President
JOh 'n IT^USLOV^, 1Vice-Pres’ts.
O. F. RICHARDSON, Secretary.
TRUSTEESi
Wm. Dick,
Bernard Peters, John T.oughraD,
A. D. Baird,
Wm. K.Horwlll, Edward T. Hulst,
Darwin R. James, J. B. Voorhees, Jno.McLuughllr,
A. D. Wheelock, A. M. Suydam,
K. B. Tuttle,
Wm. F. Garrison, Wm.K. Wheelock
John Truslow,
Dltmas Jewell,
Jno. T. Willets, O. F. Rlcnardson
F. W, Wurster, Chas. H. Russell Henry Seibert.
MORTGAGE LOANS
IN
R. T. Wilson & Co.,
BANKERS
AND
COMMISSION
MERCHANTS.
NO COMMISSIONS charged borrower or lend* r
until loans have proven good.
SM I T i l
C IT Y , ITIO.
B R A N C H O F F IC E S *
36 Wall St., New York.
439 Chestnut St., Phtla.
T-13 Warmoesgracht, Amsterdam, Holland.
P A ID C A P I T A L ........................8 1 , * 5 0 , 0 0 0 0 0
S U R P L U S .....................................
3 0 0 ,0 0 0 0 0
U N D IV ID E D P R O F I T S ........
7 0 ,5 3 * 0 0
ARTHUR E. STILWELL, Pres.
BOARD OF DIRECTORS.
W. S. Woods,
C. A. Dean,
E. L. Martin,
J. McD. Trimble, A. E. Stillwell, A. A. Mosher
W. S. Taylor,
J. E. McKeighan, H. A. Lloyd,
B. F, Hobart,
Chas. Clark,
E. P. Merwln.
C. E. Grannlss, A. Heckscher,
Wm. Waterall,
W. H. Lucas,
W . D. Black,
Dr. H. M. Howe,
John F. Dryden, E. W . Marsh
E. Henry Barnes
Metropolitan Trust Co.,
3 7 tSc 3 9 W a l l S treet, N ew Y o r k .
P aid -U p C a p ita l ........................... 8 1 ,0 0 0 ,0 0 0
S u r p lu s.................................................
8 0 0 ,0 0 0
Designated as a legal depositary by order of
Supreme Court. Receive deposits of money on in
terest, act as fiscal or transfer agent, or trustee for
corporations, and accept and execute any legal trusts
from persons or corporations, on as favorable terms
as other similar companies,
Thomas Hlllhouse, Pres. Fred’k D. Tappen, V.-Pres.
C. M. Jesup, 2d V.-Pres. Beverly Chew, Secretary.
George D. Coaney. Assistant Secretary.
Jos. C. Platt, C. E.,
TEXAS.
d Per Cent and 7 Per Cent N et.
F R A N C IS
3 3 W a l l S tre e t,. N ew Y o rk .
1 0 0 ,0 0 0 .
&
S A N A N T O N IO , T E X A S .
C O .,
CO N SU LTIN G E N G IN E E R
3 5 W a ll S tre e t, N ew Y o r k ,
A n d W a te r lo r d , N . Y .
E x a m in a tio n s .
R e p o r ts ’
S u p e rv isio n .
@FedFRASER