The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
.
,
.
xtmtk
AND^
HUNT'S MERCHANTS' MAGAZINE,
SfiPBESENTINQ THE INDUSTRIAL
Kntertsl aooordlng to
VOL.
AND OOMMBROIAL INTERESTS OF THE UNITED
Act of Oongregg, In the yaar 1892, by Wm. B. Dawa
di
Oo.. tn the office of the
SATURDAY. NOVEMBER
55.
Va»2.
For Ouo Year
For Six Monllia
$10 00
00
Europeiin Subscription (IncliidlnK poslaee)
12 00
European Subscription Sli Months (lucludlng postage).
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£2 10i>.
do.
do.
New Tork
...SllCs.
issued every other
do.
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month, on the last Satiirdajs of January, Sf arch. May, Julv, Soptembcr
and November, and furnished without extra charge to all subscribers
of the CiiRoNici.K for six months or longer.
Tlie Statk and City an-i'LEMKXT of 184 pages Is also given to every
:»«oWtf subscriber of the C'hiio.nicle.
TliP
Terms of Advertising—(Per
Onetime
$3 50
One Month
(4tlmes).. 1 1 00
" ).. 18 00
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Two Months
London
l
Incli space).
Three Months
Six Months
1
Twelve Months
Ag'euts:
(13 tiroes). .$25 OO
" ).. 4300
(26
"
(52
).. 58 00
it Is.
each
<
'
t
are
now
W**'l'''^1 "• DANA & €o., Pabll'Iicm
10« William Street,
YORK.
I'osT Office box 959.
NEW
18UI.
809,78i,e2a
(1.1B5.1M)
(085..10aj
(5S'.:,800j
(59.810,737)
(1.998,000)
80 8
30 3)
Boston
PruTldence
6,9fl9,f.0«
llariford
.New IlaveD
dprin^Heid
Worceater.
Portlud...,
Lowell
New
(1,872,000)
124.08S,651
«.S.-8.302
I,«04.;i82
1,6«2.2j1'
1,5811.787
,
l.M^I.OOO
.
l,2«5,8i;.'i
Bedford....,
New
Bngland.
1,597,232
1,298,119
1.4-0.76i
704,936
628,319
-4-6
-(17-1
-2
(2,077.2711
(1.180.500)
(42,063.126)
(50,000)
2
J- 20
2
4-H-O
4e5-5
89.161,810
14.872,910
18,628.430
9.98S.810
Balttmore
70,423.937
14.888.759
8,832,261
1,973,153
1.785,205
1,183,394
796.190
285,300
i-iie
137.813,531
12S.B21.343
17,391.200
ButTalo
Washlnffton.
flocbeater
2,492,1)44
dyracQse
1,109,733
1,1181.175
BiuKbamton...
281,900
Cleveland
Chlcaco
(-OtOJ
+111
-13fl
-H»D
4-18-8
+13 «
+12-7
8;6,42»
-6-9
-1-3-8
123,439,614
+10-6
86,062.651
16.420.617
11.820.845
8.lrt6.882
-i-21-2
2.381,918
1.8J4,367
639,800
-hS4 7
l.a:<g.665
-1-2
331.300
113,494,289:
l,9t)i',6l5
Total Middle.,
-HS-4
4 12*8
-t-283
+ 80-41
(+63-5)
474.757
1,016,216
-f90|
-(-288
-h9-6
l:f,,'86.fl00
Omt.
l.4«7,7*'.
-9-5
129,037,054
(
107,1M.05<)
7,057.100
2.20H,747
1,478,4«0
1.403,363
1.871.974
-I-9-1
I,1-.'I,812
140.688.820
Philadelphia..
PltlSbOTK
1044.
113,784,978
8.257.700
1.903,933
L
BD9.583
Fall River'
801 will be found the detailed returns, by States, of
the national banks, under the Comptrollers' call of September 80, 1892, kindly furnished us by the Comptroller of the
Currency. Previous returns were published those for July
;!, 1892.
in the Chronicle oI September 3. 1893, page 369';
those for May 17, 1892, in the issue of June 25, 1892, on page
(4-4 8
Oct. 29.
IP.
700,233,112
:+8o-o)
(S3,7M,950.
all
—
-fllO
<1,14S,167)
anVt
1803.
thara.)
bala.)
Wlln.tnirton...
On page
"28,805,473
Cm-
tnuhtlt.)
AMi.)
1.4:i9.
•Vu\
I
P.
(Oraiit
(Petroleum
a
included in our table.
SolM «/—
(SXoaa
(Cotton
Total
Messrs. Edwards & BMirii, 1 Drapers' Oardene, E. C , will take subscriptions and advertisements, and supply single copies of the paper
WILLIAM D. DANA.
JOHN O. Fl.OYD.
C,
IF«k ViuMn* NoMmbtr
Terms of Subscription— Payable In Adrance:
Six Mog.
S.
STATEP.
ashlnKton, D.
NO.
12. 1892.
and Charleston,
3. Dale.,
Ubrarlan of Oongiue.,
-121-6
132.035.946
+33 9
-1-268
-(19-2
4l8-»
-fl2-2
110,078.508
16,613.000
9.306 432
•flOl
4--20 8
•t254
-e4 8
6,284.120
3,937.300
1.171.6.9
Kew York
Boston
PhUadelptiia
Baltimore
Obloago
8t Louis
New Orleans
Seven
O.ber
56.543,193
11,6:5,624
83,208,000
S days.,
Iday
156,419,274
»1, 164, 115.849
-.16,796.310
,
-t84
13L831
171,8;9,0«S
144.639,910
-f20-8
157318.346
+20-7
19.1-28,160
-(0 8
2.041,873
4-10 5
-H)16
17,812.109
2.441.33J
-80
Saginaw
Total Middle Western.
^an Francisco...
Portland
aali
Lake
City..
970.827
-(•68
1,1113.144
-i^lOO
Los Anireles
Great Falls
Sioux Falls
82'i,400
1.151400
—28-0
1.097.034
1.478.670
3»1.68l
17J.081
310,000
139,839
-t-2i-l
652.892
275,934
Helena*
Spokane*
.
,
'
Paul.
Total Other Western..
St.
ilalside
-2-S
10,715,061
9,6^5.038
6,018.879
4.170.640
5.059.307
-i-91
I2..373.4ei
-1-181
-14 4
+04
10.215.8<0
6,212.999
7.163.480
5,176.751
2,100,000
+200
4-0
1,916,-281
•f370
1,330,907
-109
2,'2o4,226
t,967,70;
1,vj8'','.4o
623,030
617.S11
600,U0U
444.11;
60,155,339
44.310.39:
24,602,868
12,627,920
7,706,S8o
4,8 8.997
2,969.872
10,8:8.83:;
9,144,230
4,288.924
4.011.357
2,606 081
S,20l,t86
3,411.9^0
4.602,471
^180.451
2.170.8:>6
1,916,09.^
l,2o3.11W
2,093,311
1,6, 4,760
950.000
6:4,200
694.731
692,623
397,3<0
HOO.UOu
642,869
1,388,160
048,610
<81,000
2,969,03..
-t5l0
-t-104
-
+60
viontreal m..
Toronto . ..,
Uallfaz „...
liamlltoD ..
+50-4
-I-
18 7
+21-6
4s9-6
+li
-59
8v0,000
418,204
+155
+ 13-8
-16
48,933,!09
+20-8
25,236,256
9,618,234
5,872.787
4,685,160
3.7o9 15o
2.371.990
+154
+I0
— ue
iif7
-137
—28-u
-ro«
-71
+ 8-5
-10-8
+27-3
-30
-70
+37-0
3,06M14
2,59; .806
l,9.>7,t^63
+»*
1,773,712
+11-3
7
992,'.5U
-riss
1,000,00^
-38 S
-21
-HI-.
6<«1,843
-855
831.94;
633.083
-87
-WO
474,1100
<M,tU6
+37-5
rl8-4
-368
-s-»
+39-3
1,791,422
70.46O.297
73,004,940
-35
67,115,266
+12-0 1.315,076,507
6W»75.S<1I
531,56J,72J
+131
10.900.600
6.8'M.OOO
1.200.000
7UO.0JU
+8 8
+114
+33-7
11.854.379
8.478.106
1,239,123
781.130
I9.000.000l
+10-6
+»-*
+12
7
664,8W,3A.
7.576.e-20
1.282,613
936.721
Total Clanada.
31.6a0.5i2
* .Not Included In totals.
,
+139
4l9 6
t>o7,45s
499.93.^
11.854.379
York.,
-fl0 5
+U-4
2.-i74,078
1,411.760.984 1.260.375 196
all
New
-4-9
15,431,884
24.631.63
LoDls
.Sew Orleans..
LoDiavUle
Total
'4
3
-^66
8l8.8<>o
149,89:
ropeka
Falls,
159
77li,l."14
.
Sioux
-I-8-5
+18'la
27,152,508
1,480,202
1,882.960
622.3bU
(ialreston....
Sioux City, Houston and Wilmington.
+38-1
28,958,300
l,88>-,484
full d( tails of clearings for the week covered by the
Houston
above slatement will be given next Saturday. We cannot, of Kiohmond
wurse, furnish them to-day, bank clearing being made up by Savaunata ....
Memphis
the various clearing houses at noon on Saturday, and hence in .Nashvlll*
vtlanta
the above the last twenty-four hours of the week have to be Surtolk
in all cases estimateil, as we go to press Friday night.
Dallas
Below are our usual detailed figures for the previous week, fort Worth...
Waco.
covering the returns for the period ending with Satur- BlrnilnKham..,
Cbattanooca,.,
day nooa Nov. 5, with the comparative totals in 1891. Tlie Jacksonville*
aggregate for the week is ninety-six millions of dollars gn at- r Charleston'
than that for the preceiing week, notwithstanding ihe much
Total Son them...
Seattle,
++1T
11,691.822
11,641.880
6,651.00»
6,290,154
6,584,611
2.212,448
Lincoln
smaller volume of speculative transactions on the New York
Compared with the corresponding period
#'^00 ^'^''"^'^®'
or 1891 there is a gain of 12 per cent in the whole
country and
13-4 per cent outside of New York.
The figures for last yei r
covered only five business days, election day having intervened. In percentage of increase Portland leads this we. k
with 64-6 per c^nt, and is followed by Omahi, Des Moines,
+36-1
96V202
,
]
—ia-»
-r231
7.;l,0«2
Joseph
SionzClty
Des Moines.,.,
Wichita
7
+33
+11*
+21-8
1.67fl,9iO
l,4i7,930
St.
+0
l,795,ll'6
racoma
Dulutta
Tl, 0i,800.i7H
2.919,929
2,964.281
432.9 JM
Seattle
Denver
-ia.-9
19.236.78:
7.13.5.151
1,1.87,270
St.
The
'
1,035,837
Omaba
:6'i,412,8U
$1,0;6 0C4.(69
2,126.70.1
-rir2
Kansas City..
Hlnnea polls..
f9'.'3,J91,455
t04.'>,710.988
-t-lOl
862.604
517,:09
401.113
Total Paotflo.,
12,65B.'^69
t7l?»,3il,714
218,aT4,861
for week..
P*rOm.
J667.448.763
78.859,588
57,0B2,»r«
10.218,636
days
S days
tU cities
12.
1891.
1.8i 7.093
1,000,000
536,243
3b7,02:
i.ezinfrton
85,647,0[0
21,t73,106
10,110,323
20.744, 6"0
all cities,
*il oltle?,
Total
'.8,69 '..046
cities, 8
cities,
Total
1893.
»62P,4-.a,e45
1.01)1.910
2,06l.Hl
Orand Rapids.,
The following tablp, made up by telegraph, etc., indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, November 13, have
beenTlfl, 164,115,849, against §1,411,760,984 last week and
11,302,800,379 the corresponding week last year. This year's
total covers only five days on account of the election holiday.
Wtrk BndinQ November
8.068,395
8,914.117
4,302,600
IndtanapolU...
Peoria
OLKAHinsa
Returm \bv TiXtTravK
9,368, 18<!
t>etroit
Columbas
CLEARJ NG HOUSE RETURNS.
Milwaukee
98.858.533
14,687.850
8.313.188
7.307,379
6,733.301
3.479,300
8.098.353
Cluolnnatl
+6 9
20.35
1.
lO.
+14
4«s
+331
l-D*
THE CHRONICLE.
782
[Vol. LV.
the approaching session
THE
with
its
may
afford a pleasing contrast
predecessors.
STATE AWD CITY HtfAftmt^it.
Loans on call, representing bankers' balances, have
week been made at 6 and at 4 per cent, averaging
See pagres §19, 820, 821, 822 and 823
fully 5f per cent; renewals have been at 6 per cent,
and City Department.
and this is the rate at banks and trust companies.
All advertisements with relation to State and City Bonds
For time contracts the supply of money has been
following pages.
will likewise be found on the same and
abundant, not only from domestic but from foreign
for our State
this
however, are firmer at 5 per cent for
5^ per cent for sixty days and 6 per
Commercial paper is in
Interest in the election has been more or less con- cent for longer dates.
tinued during the greater portion of the week, but that fair demand, and more of the city banks have come
event has had no apparent influence on the Stock Ex- into the market this week, but rates do not recede,
lenders;
THE FINANCIAL SITUATION.
thirty
change since the results were known. The future of
our industrial interests is so dependent upon the right
management of the currency problem that until the
kind of action the now dominant party is to take with
reference to that subject is known, enterprise cannot be
Financial circles feel new hope, but with nob an
free.
ounce of gold imported this fall and with foreign exchange advancing again they must wait for something
—
rates,
days,
although the supply does not increase rapidly quotations are 5^ per cent for sixty to ninety day endorsed
bills receivable ; 5^ to 6 per cent for four months' commission house names and 6 to 6^ per cent for good single
names having from four to six months to run.
Foreign markets present no new developments. The
;
cable stated early in the
Bank had
week that the directors of the
demand
received assurances that the foreign
mentioned
had not
have written with reference to the election results in a been advanced. Open market discount rates have fallen
subsequent column, and need not enlarge here upon the off; 60 to 90-day bank bills in London are 2f per cent. At
more substantial they must wait for the assurance
which conservative legislation alone can impart. We
for gold was almost satisfied ; indeed, that was
as a reason
why
the
minimum
rate of discount
P ris the unofficial rate is 2:J per cent at Berlin it is
change of policy which those results foreshadow.
According
material development in industrial 2| per cent, and at Frankfort 2f per cent.
There has been no
Some progress appears to be making towards a to our special cable the Bank of England lost £54,754
affairs.
new arrangement between the Western railroads for a bullion during the week, holding at the close £24,374,Comparatively little 499. This loss, as we are
also advised by our
division of competitive traffic.
interest is, however, just at present taken here in these correspondent, was due to the export of £100,000 tonegotiations, for so long as the business offering is Egypt, to the shipment to the interior of Great Britain
enough for all, the danger from very severe rate cut. of £92,000, and to the import of £137,000, of which
In the meantime the earnings £100,000 was from Egypt, £23,000 from Australia and
ting is not imminent.
The Bank of France
continue upon a large scale. We give this week on £14,000 from other sources.
subsequent pages our usual monthly article with refer- reports an increase of £70,000 gold.
Foreign exchange has been generally steady this
ence to gross earnings, and with the help of the explanations it contains, the less favorable results than previous week, growing firmer with an advance in rates toward
months have recorded are fully accounted for. But the close, influenced by lower discounts in London and
The demand for meras there must be times of smaller traffic, which never by a dearth of commercial bills.
fail to afford strong temptation for rate cutting, and cantile remittances continues, but it does not appear to
as stockholders have had all the experience they want be urgent. The market opened on Monday unchanged,
of railroad wars, the need for an agreement between compared with the previous Friday,excepting an advance
the roads is always urgent.
of half a cent in the long rate by Baring, Magoun & Co.
There has been a shade firmer tone in the time loan On Wednesday Brown Bros, reduced the short rate tobranch of the money market this week. No special 4 87 while the Bank of British North America lowered its
reason has been apparint for this change, as the short rate to 4 87|-, and the market closed easy for
demand for contracts has only been fair and the supply sight and steady for sixty-day. On Thursday Brown
of money quite abundant.
So far as the flow of cur Bros. & Co. advanced long to 4 84| and short to 4 87^,
rency is concerned, the net interior movement for three and the market closed firm yesterday, with all the drawweeks now has been in favor of this centre
and ers quoting those figures Rates for actual business were
though the result of the Treasury transactions a week 4 83i to 4 83i for long; 4 86^ to 4 86^ for short; 4 86i
ago netted a considerable loss to the banks, their sur- to 4 86| for cable transfers; 4 82| to 4 83 for prime
plus reserve was still $2,678,525, and their actual and 4 82^ to 4 82J for documentary commercial bills.
reserve $116,638,900 against $111,191,700 the same
The November return of the Department of Agridate a year ago.
The future of the market seems to be culture, issued this week, confirms the previous estidependent upon the degree of general business activity mates of the country's crop productions 'the present
which may prevail.
All possible interference with year.
As has been repeatedly pointed out in these
trade which the closing weeks of the preliminary elec- columns, the yield will be beloiv last year's phenomenal
;
;
may have exerted is at end now, however
small or great the interruption may have been ; so that
outturn, but nevertheless of good average proportionsr—
always of course excepting cotton, which stands by
tion contest
if
the late quieter feeling continues
it will
As regards this latter crop, the report of
About
be Bureau is on the whole decidedly vague.
have to be
itself.
the
the
charged to the next important event which is to
looked forward to, and that is the meeting of Congress only definite statement it contains is that the returns
early in December.
As Congress has not of late years indicate a " very light crop," a prediction which we
been a very exhilarating influence, its meeting can should say it was perfectly safe to make. We have
hardly be anticipated this winter with any expectation of undertaken no special investigation on that point, but
benefit.
Still, as there is a wonderful opportunity for all the advices we have received point to a greatly
CoDgresB to prove a blessing, perhaps the outcome of diminished production &i compared with last year, and
'
.
NOVEMBBB
.
THE CHRONICLE
ta, 1893.]
in fact the statistics published by us from week to weolc,
showing receipts, crop in siRht, Ac, hare long made
788
With one exception every State here shows u smaller
last year, whioh of course was ex>
the sitiiiition in that particular perfectly plain, and are pected, and some few States also show a smaller total
The best comparisons as a irbole
each week contributing further teitimony to the same yield than in 1890.
But a short crop of cotton this yaar it no come from the Southwest. Thus Texas has a total of
effect.
72 million bushels for 1892, against 70,635,000 busbeli
Liist year's yield had been so large a» to recalamity.
duce prices to an unprofitable basis for planters, and for 1891 and 63,802,000 bushels for 1890. In Missouri
prodnotion than
the fulling off the present year will tend to restore the
the indicated yield
equilibrium.
against 203 million bushels last year and 175 million
for 1892
163 million bushela,
is
As respects wheat, while the Bureau furnishes no bushels the year before, while in Kansas the crop is
new returns, it takes pains to state that the returns of 122 million bushels, against 141 millions in 1891 and
month, "based on acreage inrestigatioa
last
nearly
only 55 millions in 1890.
It
is
proper to state that the
perfected," point to a product "not exceeding 500,000,000 bushels, with a possibility of shrinkage in the spring
Kansas Board places the corn crop of the State at 140
million bushels, though it has not yet made a final estiand a certainty of light weight-" The figures of yield mate. This is 18 million bushels more than the total
per acre given last month had been taken to mean a by the Washington figures.
We print on another page the annual report of the
crop somewhat hearier than this, say 5'iO million bushBut even at 500 million bushels the crop is a Wisconsin Central Company. The management have
els.
large one, and when it is borne in mind that we carried followed the plan of presenting simply a consolidated
This is a method
OTer in addition a yery considerable surplus from the income statement and balance sheet.
exceptional production of last year, the natural result of stating the accounts which shows more clearly than
of excessive supplies for the time being, such as are any other the actual results of operation, and at the
now weighing down the ^grain markets, becomes per- same time it avoids the confusion which is^t to arise
For by the statement of the New where separate returns are furnisheJ for each separate
fectly obvious.
York Produce Exchange, the so called visible supply piece of property. It appears that total net income
in the United States and Canada east of the Rocky for the twelve months ending June 30, 1892, was II,Mountains last Saturday reached the very striking 237,153, and total charges 11,168.566, leaving a surplus
President Abbot's remarks bearing
total of 64,717,000 bushels, as against only 38,971,000 balance of 168,587.
bushels at the corresponding date last year, and but on the financial condition and prospects of the property
The are interesting and worth perusal. He points out that
22,699,000 bushels at the same time in 1890.
amount of grain en passage to Europe, according to the earnings of the road per mile are quite heavy, and
Beerbohm's cable, is not quite as large as a year ago, endeavors to show that the supposition that W'isoonsia
and j'et reaches 28,120,000 bushels. Adding this to the Central securities depend for their value upon the convisible supply we get a grand aggregate of about 93 mil- dition of the lessee company is quite erroneous.
The
lion bushels of wheat in store or afloat, which is suffi- great strength of the property lies in its local business,
ciently impressive as a demonstration of the extent of which is varied in character and of growing magniour available supplies, and also evidence of the ability tude. He also takes pains to contradict the rumors,
ef the United States to meet the demands of Europe,
which crop up with marvelous regularity every few
which will undoubtedly be large.
weeks, that the company is to be consolidated with the
But perhaps most interest attaches to the corn pro- Northern Pacific. There is absolutely no basis for
The figures this time give the average yield these rumors, he declares, since no reasons exist for
duction.
per acre, and thus afford much better indications of changing the present relations.
He states that the
the probable result than the reports of previous months. home of the road is in Wisconsin, and that its prosThe Bureau says that the promise is for an aggregate perity grows with the development of that State.
production of a little over 1,600,000,000 bushels.
On
The following statement, made up from returns colthe basis of the Bureau's yields per acre considered in lected by us, shows the week's receipts and shipments
connection with the changes in acreage reported by it, of currency and gold by the New York banks.
the result as worked out by us is just about the same,
Rteeifed Jty SMpvtd by
yet Interior
(Vuk BnMnt yovembtr 11. 1893.
that is, we reach a production of 1,631 million bushels.
N. T. Bankt. S. T. Banki.l
iloventntt
Last year it will be remembered the total was 2,060 3aTT«nor..
•3.983,000 •3.860.000 r)alD.Sl. 143.000
600,000
1,100,000 Loas.
SOO.OCO
*oM
million bushels, but in 1890 it was only 1,489 million
Total gold «Pfl legal tendera.
t4,69'2.000 »3,950.00oloaln. tMl.tOO
bushels.
The following furnishes a comparison of
the product for the leading producing States for the
With the Sub-Treasury operations, the result is as
'
last five years.
Com.
tndUateA
Product
follows.
Product (on. Prodx^ction
1691.
1690.
Production
Production
1889.
1888.
EnUnt
Into
Ifoxtmber U, 1893.
BmlitU.
lOWft
BtulUb.
Bxulutt.
850,878.000
334.8e0.000
233.489.000
849,988.000
187,448,000
141.893,000
65,289,000
Mlnonrt
Nabrukik
888.899,000
161.960.000
133.588.000
183.655,000
138.698.000
803.310.000
187.858.000
175,346,000
850. 126.000
810.508.000
318.841,000
ImlUui*.-
8S.*I6,000
188.823.000
i
Okie
94.083.000
j
Ttxu.
78.744.000
78.083.000
66,310.000
89.036.000
85,878,000
70.835,000
Ktntaekr
76J101.000
80.887.000
PennirlTanla..
40.910.000
Arkansas
Wlaconaln
Michigan
38.787.000
Illinois
'
'
1
Tanneaaee.....
.Minnesota
Total
All
ath«n
Tot«l
U.8
878,333,000
878.060,000
Out of
Bankt.
Wttk
1802
Banht.
Ban iLs' Interior movement, ae above •4.592.000
Total gold and legal tenders
tUn
•3,930.000 Gain.
13,300.000 Oaiu.
•642.00e
300,00*
•18,092,000 •17,350,000 Oaln.
•843.00*
13,600.000
Bnb-Treaaary operations
ITttOhai
BattkBoUUmm,
168,188,000
303.588.000
149.543,080
144,317.000
88,653,00«
87,693,000
80.811,000
98.488.000
76.866.000
88,795,000
83,845,000
75.388.000
81.546,000
46,587.000
88.048,000
41.336.000
33,443,000
38.081.000
43.808.00(1
34.W8,000
42.456.000
28,718,000
45,414,000
41,543,000
88.416.000
32.733,000
19,633,000
81,188.000
38.580,000
38.737.000
80,808,000
21.688,000
31,288,000
81.883.000
89,036,0«0
90,698,000
Bullion holdings of European banks.
135.478.000
83308,000
108.866.000
88.968.000
8S.888.0OO
83.018.000
1,380.077,000 1,7KS,828.000 1,806.388.000 1.808,761,000 1,899.767.000
311,797.000
338.538,000
381.708.000
303.141,000
889.038.000
I.83I.874.000 3.080.164.000 1.489.970.000 3.1 13.893.000' 1.887.780,000
NovemUr
ITovembtr 18, 1891.
10, 1808.
0/
Ootd.
IMoi.
Sold.
t
«
•
•
33,946.903
38 918.908
SO*
ndand......
Frane*
Oerman}*..
Aaat. -000*7
84.374.49»
34.374,498
88.980.446 60.961,800 117.941,0«6
33,846.360 10,948.760 43.796,000
NttharlanOa..
Nat. B'lgloni
10J8S,000
8,58 3,000
8,165.000
4,790,000
3.814.887
1.407,389
10.783.000 18.888,000
8,187.000 6.955,000
3.193.338 1.&98.647
87,8«6,000
IMal.
63,706,000 49.9t7.000 108,038,000
33,903,000 U.801,000 45,804.000
6,481.000 lS.7i8.000 38,843.000
9.877.000
4.233.000
Tot.thlsweek 141,368.688 87,834,038 •38,8e7,6St 181,876,570 85,618,333 308,933.90s
Tot.oreT.w'> 141.ae.1.0»4 88,481.033 227.724.107 120.134.168l85.5ia8Mri06.658.301
THE CHRONICLE.
784
THE ELECTION AND ITS INDUSTRIAL
RESULTS.
In an industrial way the results of the Presidential
week promise to be
quite radical. Four years ago the tariff, which was
the leading qnestioa this year, was then also made the
The successful party at that time apparchief issue.
ently mistook the meaning of the success attained it
was seemingly interpreted as the expression of a desire
election -which has occurred this
;
[Vol LV.
which has spoken at this election, rightly interpreted,
means obviously unyielding opposition to higher imposts and equally pronounced views in favor of a
revenue only; but with all that, the spirit of
moderation is in control, which can be guided, though
not successfully opposed, in a country with only a very
tariff for
limited
number
interested in
of persons either directly or indirectly
manufactures, while every other man
outside of this few
is
to a greater
or less extent per-
sonally interested in lower taxation.
It will consequently be not only politic but it will
for higher instead of lower imposts, and accordingly
the McKinley bill was enacted as the embodiment of be judicious to accept the view expressed above as a
Of course we
the people's wishes. Whatever may have been thought reflection of the tariff situation to-day.
then, it is clear to-day that tariff action which looks do not mean that the party now raised to power may
towards freer trade is the only tariff policy Americans not be removed. We only mean that the tendency of
Trill tolerate ; and it is probably the only action which public opinion on the question under discussion is not
any party presenting itself for the suffrages of the at all likely to change. If the party ia control acts in
any way unwisely it may easily lose its strong position.
people will again assume to advocate.
Soma may think we have drawn too positive a con- But unless its sin were grievous, it seems hardly pracIndeed it may be claimed that ticable to remove it so long as those who seek that
clusion from the event.
At the same time
the tariff was not the only issue before the people and end antagonize tariff reform.
no doubt" the suggestion is true.
can be an election when a single
There never was or
difference of view on
public questions will hold a like importance in
of the country and be the sole issue.
tras
But
if
all
parts
there ever
an occasion when one idea was made the prominent
feature,
and distinguished
parties,
and controlled
votes,
was this year on the question between a tiriff for
protection or for revenue; and we doubt very much
whether outside of the Southern States any one who
was really in favor of higher duties voted against them.
To more thau offset the South too, it can be said that
a large portion of the people who continued to act
with the defeated party and especially in the
West did not coincide with its view on the point under
discussion.
There is every reason to believe that if a
plebiscite could have been had free from the embarrassment of electing a President, bo that parties could have
broken up more completely, it would have received a
it
well to remember
that
the
success of
week would not have been possible had it not been
for the name and character of ex- President Cleveland,
who led the movement, for the sound financial views he
holds, and for the adoption of those views by the convention that nominated him. Not a New England
nor a Middle State, and we think we can say not a
Jliddle Western State, could have been carried against
the present administration with a candidate and a platform any less clearly pronounced in that particular.
Conservative men (and they are getting to be as nu
merous in Chicago as in New York) think, though
it
is
this
tariff legislation, that it can wait
need be; but currency reform cannot. The forces
daily gathering
that are endangering values are
strength. In fact so deranged has our foreign trade at
present become that we are importing na gold this
fall; even this week foreign exchange has moved up
much more nearly unanimous vote. Even as it is, the again. Soon, also, the period for the annual outflow
Terdict is a very emphatic one
wide in extent and of that metal will come, and yet we continue to push
Bweeping away majorities which have stood for over out every month nearly 4^ million dollars in legalthirty years in favor of the defeated party.
And it tender notes based on silver bullion, the very agent
must be remembered that in a national contest one does which is putting all values in peril. It was because
not easily leave a party with which he has long been this evil promised to have at least as effectual treatment
afiaiiated.
It is always with a wrench that the sever- in the new hands as in the old, it was because of the
ance is made.
man who represented the party and the assurances that
We are thus decisive in our expression of opinion party gave in its platform of following their leader's
"because it is much better for our industries and for the principles, that the success of the week became possible.
country every way that no lingering hopes should be
May we not go even further than that may we not
entertained by manufacturers of a change in the ten- truthfully assert that so far as this neighborhood is
dency of the present verdict. That attempt would only concerned the recent administration of tbe Treasury
end in keeping business unsettled, in leaving all effort Department has aided the change of party which has
towards an adaptation to the new conditions untried, been made at this election by causing men in the finanin neglecting to push ahead and guide public opinion, cial walk* of life to los3 their confidence in current
and in opposing that opinion and making it more hos- methods. The feeling has grown to be, that very little
tile.
There can be no disposition in this country to hope could be indulged of any sufficiently radical
deal roughly with vested manufacturing interests. The change of management, so long as the present Secretary
people to be sure do not want any new infant indus- guided the Government's financial policy. He has
tries, but where production through long years has shown ingenuity, as well illustrated in carrying the
been cultivated and nurtured until vast amounts of Treasury without more friction through the embarrasscapital hare been accumulated in certain employ- ments of its last year.
But there has been ever since
ments, they should no be deprived of support except he took office an apparent lick of appreciation of the
as they do not need it, and there will be no general dangers that are threatening the counti-y a lack of
deeply interested in
if
—
;
—
inclination to act otherwise than judiciously; indeed,
tariff reformers are not iconoclasts, and besides, even
it
they were, the necsssary requirements for revenue
are bo large to-day that taxes cannot be taken off without great discrimination. The creed of the majority
perhaps most
clearly had in the needless but constant suggestion of
paying out the gold reserve, the very last assurance of
Tliis fact has given
a stable currency we still retain.
appreciation, an example
rise to
of
which
is
a hope of something better to come through the
KOVEEBEH
13, 1893.]
toTolution which
the event of the
THE CHRONICLE.
week —jomethinj^ a decline of 11,028
785
tons.
In Addition baainew
embarrassment. interrupted on the Pittsburg division by th(> fire and
This may turn out to be a rain hope, not unliice so many flood of last June, which also caased much damage to
of similar character and promise which each succeeding the company's property.
administration has raised; indeed we hardly dire to
Nevertheless total freight traffic, notwithstanding
entertain tho hope, so groat is our present need aad so these reductions, was increased 71,455 tons, and tha
trying would be the disappointment wore it to come to road managed also to increase its gross earninga
Still it is a fact that the repeal of the 1890 slightly (though not on the freight revenues but on
nothing.
silver law
the only direction in which any relief is the passenger revenue) while diminishing expenses, lo
possible
is in perfect agreement with the promise conthat the net is tl,18l,790 for 1892, agdiust $1,tained in the platform]of the successful party. Farther- 076,886 for 1891, and this improvement is the
more every one feels assured that bo far as the new more notable in view of the fact that there had
President's influence can properly aid in giving the been an increase in the net the previous year from
relief to the country which the party has promised, it $998,466 to $1,076,886.
Moreover, it is stated that
will be used.
in the late year over $54,000 was charged to operating
We cannot better close these suggestions than by expenses which might properly have been charged to
quoting the following interpretation of tho election re- betterments. The charges for taxes, interest, etc.,
sults recently made by one of the leading members of against the $1,181,796 net earnings were only $052,740,
He says the which left a balance of income of $529,056. Out of
the defeated party, James S. Clarkson.
Terdict "is an order from the American people for a this, $362,326 was paid for equipment and $137,098
" change in the industrial and economic policy of the for betterments, absorbing practically the whole
" Government." That, in our estimation, covers the amount. The report states that about $115,000 will
whole case. But it is a^rave mistake that puts tariff be required to equip freight cars with automatic
reform before currency reform. Neither higher nor couplers, in pursuance of the law of the State of New
lower taxes can give us prosperity so long as our indus- York, and it is painted out that the company is
tries are resting under the incubas of a vicious cur- practically without any resources other than its net
rency ; and it is self-help, not Earopsan help, that will earnings with which to meet requirements of that
kind.
This is a factor that has an important bearing
rescue ns.
on the company's ability to begin and maintain cash,
dividends on the second mortgage bonds.
&
OF
The road does quite a large business, but is obliged to
PENNSYLVANIA.
This company has thisjweek issued its fifth annual do it at very low average rates. Thus the average re-report, covering the year ending June 30, 1892, and it ceived per ton of freight per mile in the late year was
indicates that the property is in good condition and its only a trifle above six-tenths of a cent, or six milla.
The road, it Still the freight traffic reached a total of 4,433,947
operations and fiscal results satisfactory.
tons and the tonnage movement one mile 443,332,206
will be remembered, is the old Buffalo New York &
tons.
Of the 4,433,947 tons, 1,944,225 tons was coal
Philadelphia, which was sold in foreclosure and reorganized under its present name in 1837. Tbe title in- (all but 197,058 tons of it bituminous coal), 882,442
tons lumber and 562,075 tons crude and refined oil.
dicates the location of the road quite clearly, the sysis
that will afford roliof to our currency
—
—
REPORT
WESTERN NEW YORK
The finances of the company are in easy condition.
the western part of New York and
Altogether there are 647 miles of road, There is now no floating debt, the $11,138 bills payable
and the lines of the system run from Buffalo and shown in the balance sheet for June 30 1892 having
Bochester down into the coal, iron, oil and lumber dis- since been paid off. As to the current liabilities, the
tem extending over
Pennsylvania.
tricts of
Under
company owed
Pennsylvania.
the reorganization, charges were scaled down,
at the
same date for wages and supplies
only $404,851 and the accrued interest on bonds was
On the other hand, the amounts due
interest payments now only $249,466,
more than half the yearly net earnings. it from individuals, agents and companies was $604Of course this does not include interest on the second 479, while it held besides $160,154 in actual cash.
mortgage bonds, which has been paid in scrip but will During the year the total of the real estate mortgages
at Buffalo and Rochester was reduced from $353,304 to
•Boon be payable in cash.
The late year was not a very favorable one, all things $272,804 and arrangements made at the same time
considered, and yet the managers are able to present a for lowering the rate of interest on such mortgages
Tery creditable exhibit. There was a loss in the ship- in most cases to 4^ per cent, as against the 5 to 7 per
ments of anthracite coal occaisoned, we are told, by the cent rate previously paid. The money to pay the
diversion of traffic by reason of the anthracite coal January coupons so far as accrued to date, we are
combination.
Then there was a falling off in the informed, is now on hand, loaned out on call and
shipments of salt in part as the result of a diminution drawing interest.
in the output and in part because of new competition.
BO that the obligatory annual
«ro but
little
Besides this there was a loss in the shipments of crude
oil, and also a decrease in ore shipments, while at the
same time the depression in the iron industry, with
the consequent shutting-down of furnaces and mills,
made the iron tonnage smaller than it otherwise would
have been. The effects of these various circumstances
will
perhaps be better understood
when we
compared with the previous year the
say that as
salt
shipments
OUR SUPPLEMENTS— AN APPEARANCE
OF ERROR.
Our" attention has been directed this week to a supposed error in our Ikve3TORs' Supplemext. Touching as it does a matter of considerable importance
concerning which our statements have more than once
been called in question, it is desirable that our
the anthracite coal
readers
shipments a decline of 43,608 tons, the crude oil ship
menta a decline of 28,204 tons and the ore shipments
figures
record a decline of 51,704 tons,
no
less
should have an explanation of what our
mean. The appearance of error we would avoid
than the error itself. And it is partly because
a
;
THE CHRONIOLE.
786
[Vol. LV.
While the
are sometimes misjudged without having How do you reconcile the statements?"
a chance to clear ourselves that we speak of this mat- two assertions are apparently inconsistent, neither is inWe wish to impress it upon our patrons that eorrect. In the ordinary use of the term " non-cumuter now.
they can do us no greater favor than to point out what lative" this preferred stock is non-cumulative, that is,
seem to them to be inaccuracies, unintentional omis- the right to unesLTnei dividends does not accumulate.
sions and ambiguous expressions in either of our Sup- But if dividends are earned and not distributed, the
plements, where they may continue to give trouble for right to them remains, and the amounts due on such
we kaow we
months unless brought
to
dividends
our attentioa.
have
accumulated, until on July 1 1893
week related to $3,844,429 invested in consolidated bonds of the par
the dividends on common stock paid by the Mahoning value of $3,347,000 belongs to the preferred stock, and
Coal Kailroad Company. These are stated in the Lake has recently been ordered put in trust for that stock,
Shore report for 1891 to have been For 1889, 4 per to be so held until the consols reach 90.
The
particular query before us this
:
Investors' Supplement
states
them thus
:
Many
The
cent; for 1890, 7 per cent; for 1891, 5J per cent.
In 1889,
4rJ per cent; in 1890, 5 per cent; in 1891, 4^ per cent;
in 1892, February, 5^ per cent, and August, 3 per cent.
There
divergence here from
seems to be wide
But the explanation
figures.
is
Investors' Supplement, where
other instances of like misapprehension might
be cited, but our desire
official
is
to ask all
our read«rs to
notify us as promptly, as a few have been accustomed
to do,
them
to
however small, which seemg
need modification.
of every point,
to
found on page 4 of the
it is
"
stated that
the
dividends appearing in the text are those which have
actually been paid during the calendar years named,
when they may have been earned; hence
they often differ from the dividends reported with the
earnings for the same years respectively."
In other words the company reports the total dividends paid out of the earnings of each year, we the
That
total paid in the year no matter when earned.
may be rendered clear we append as follows the
this
date of payment and amount of each dividend paid by
irrespective of
RAILROAD GROSS EARNINCxS FOR
OCTOBER.
In view of the extraordinary grain movement which
was a distinguishing feature of October, many peraoni
doubtless expected a heavy gain in railroad gross earn-
month as a result of that circumstancs.
Such persons will be surprised to find that our compilation for the month, as given at the end of this article,
ings for the
—
shows only a very moderate gain in the aggregate not
more than $937,665 or 1-85 per cent. But as ii
always the case, the grain movement was only one
the Mahoning Coal on its common stock since 1888
among a number of influences affecting results, and it
In 1889, February 3 per cent and August l-J per cent
so happens that this time the most of such influences
in 1891, Febru- were adverse, the heavy grain traffic having been indeed
in 1890, February 3^ and August 2i
ary 4^ in 1892, February 5^ per cent and August 3 the only conspicuously favorable element.
Making alper cent. To get our figures the February and August lowance for the drawbacks which existed, the actual result
dividends of the same year must be added together; to cannot be considered as other than very satisfactory.
get the official figures the August dividend of one year
Even the heavy grain movement was not without
must be added to the dividend paid in February of the accompanying disadvantages. It resulted in a com:
;
;
following year, as
may more
clearly appear by the fol-
lowing statement.
1891.
1989.
IHvidetidt in-
4
Beport
1890.
per cent 7
per cent 51s per cent
Supplement
41s
Actual dividend...
Feb.
<
3
1892.
1^
2»«
21s
41a
Aug. Feb.
..;.
51s
points, notably at
Chicago, and during this blockade cars could be unloaded only very slowly and with great difficulty, one
drawback beingthat many of the elevators were already
This condition of things
filled to their capacity.
Sis
41s
Aug. Feb,
Aug. Feb.
plete blockade for a time at several
Aug.
3
caused a greater or smaller interruption of the general
traffic of the lines, and not only that but because of the
large numbers of cars rendered una vaikble for the time
From the foregoing both statements will be seen to
he correct, but in a publication like the Supplement being through the blockade in some instances nearly
an invariable rule for all companies must be followed, every side-tiack being crowded with loaded cars
or confusion and error would inevitably result.
If this scarcity of cars at distant points developed, which had
—
is
doubted,
let
remember that the fiscal years the effect of restricting very materially the freight
from time to time movement of many different roads roads too, some of
That moreover by some companies the them, widely removed from the seat of trouble. As
the reader
—
of the companies not only vary, but
are changed.
—
of the fiscal year is charged with the dividends illustrating the far-reaching effects of the blockade, we
paid in that year only while in other cases the amount may note that in Colorado the Denver & Rio Grande had
jBo charged includes payments made
in a preceding its earnings diminished by the scarcity of coal cars
year, or, as in the instance cited above, in the following from connecting lines arising from the heavy grain
year.
Also that one rule is not always followed by the movement, though the same road also suffered from a
Bame company. Instances are frequent of dividends three days' strike of its train-men, the two together
which are charged to current earnings when business having caused quite a heavy falling off in the road's
is prosperous being charged when business is slack to earnings for the month.
The Toledo & Ohio Central,
earnings of a future year, or to an accumulated surplus. which is situated in the Middle Western States, and
With such shiftings going on we think all will agree which is largely interested in the transportation of
income
that for us to report the dividends paid
"for" the year is the only safe course.
"
in
" not
Another instance of how a slight misunderstanding
on the part of the reader leads hitn to suppose us in
error appears in the following
:
A correspondent writes,
bituminous coal, also sustained a decrease of earnings
in several of the weeks (for the month as a whole there
at
is no decrease) by reason of the congestion of freight
such points as Toledo, Columbus and Chicago, and
which it is stated affected the moving of coal and other
"You
freight as well as grain.
due the preferred stockholders for unpaid dividends.
On the Mexican frontier there was likewise a blockade.
This arose from the heavy importation of American
say the Northern Pacific preferred stock is noncumulative, and yet you say there is a large amownt
KOVBUBER
THE CHRONICLR
12, 18013.]
7«7
oorn into Mexico to meet the deficiency of local aup- compared with October of last year. To Southern
In and Southwestern roads this was in reality an influence
plioa caused by last season's crop Bhortage tliere.
this blockade^ the Missonri Kansas & Texas had a transcending all others.
Without proof in support of
great many cars locked np, and the inability to use the statement it would doubtless be coniidered an exthose cars reduced the road's earnings very materially aggeration to say that the falling o9 for the month had
j
«arly in the month, while of course at the
the smaller cotton
same time been half a»million
movement was an unfavorable
factor
There were also
all through the month.
drawbacks on special roads. Thus the
Texas & Pacific suffered not only from the slow shipments of cotton, but also from heavy rains, which inAgain, on the
terfered with its passenger business.
Flint & Pere Marquette the salt shipments hare almost
completely diaapeared (the road having given up the
business because it returned no profit), and earnings
from that item in October 1893 were but 1246 against
The same road likewise sus$10,013 in October 1891.
tained a loss on its log shipments, the revenue from
which reached only *5,4-16 the present year against
As a matter
bales.
of fact, the loss
has been in excess of those figures.
For instance, the
year were only 1.38,432
with the road
gross shipments overland this
«ome
273,769 bales, being a decrease of 135,337
at the Southern ports only !,•
119,997 bales, against 1,510,425 bales, a decrease of
390,428 bales, giving together a falling off of 525,765
special
19,946 last year.
Another factor in the month's operations was the
circumstance that the ^^nth had one less working
day than the corresponding mouth last year, October
1892 having contained
five
The Columbian
New York and
celebrations at Chicago,
must
Sundays.
other points
mentioned as an incident of the month's
These caused a heavy increase in passenger
also be
business.
traffic
over
many
roads
—the
Boughly,
bales.
Even
freight.
a falling off of
this is equal to a loss of
these celebrations also
had
Another aspect, since they interrupted the ordinary
course of business as a matter of fact, so-called legal
holidays, even where only indifferently observed, have
ihe effect of restricting the volume of trade in
will
be
recalled
event,
and
it
that
any
"the celebrations in question gave us two legal holidays
in New York during the month and one outside the
Coming concurrently with one less working
.State.
day by reason of the extra Sunday, the matter is by no
means to be treated as unimportant. Then it must
also be remembered that in comparing with the earnings
for October last year (speaking of the roads as a whole)
we are comparing with a month of very heavy totals.
This will appear when we say that our statement for
that month in 1891 showed a gain of over 4^ million
dollars, that this followed a gain of nearly two million
dollars in 1890, and that in the year preceding (1889)
the gain had been over 5 million dollars, thus showing
successive increases very noteworthy in extent.
The
following gives the October record back to 1886, and
also the record for the ten months ending with Octo;
130,000 tons of
compared with two years ago there is
263,000 bales. The follewing will show
as
th£ port receipts at each of the separate ports.
One of
the striking features of this table is that it reveals an
increase over last year in the receipts at the
Texas Gulf
Galveston and £1 Paso, and also an increase
at Wilmington, N. C.
It is proper to state that the
receipts of cotton at New Orleans by Morgan's Louisports,
—being
&
iana
Texas Road also exhibit an increase
72,520 bales against 69,519 bales, but the Texas
Pacific,
&,
on the other hand, brought in only 73,150
bales against 103,005 bales.
BBCBIPTS OF COTTON AT 80UTIIKRX PORTS tX OCTOBER, AWD
JANVABT 1 TO OCTOBER 31. 1892, 1891 AND 1890.
Since
FROM
January
1.
1881.
1890.
Ports.
by any
one who saw the crowds at the railroad stations after
—and yet
and the receipts
bales,
extent of the increase
over the lines to this centre will be appreciated
the celebrations
bales, against
(Jalreston
262,670
bales.
KlPasn, ie
12,884
274.024
40,787
2.882
222.570
38.044
84,380
Neir Orleans
Mobil*
Klorlda
^arasnah
Brunswick. Ac
(^arleston
Port Rojal, Ac
».
248,380
1,516
'362.183
56,568
19,877
254,755
44,716
102,132
6,46*
288,438
44.584
152.338
8
$66
25
46,662
321
128,685
87,680
48,730
Waahlngton. Ac
86
Norfolk
West
248.580
8,863
438,810
60,718
48,076
Wdmlngton
Point,
(9,688
62,821
fto.
Total
1882.
1880.
1B82.
252
140.298
68,2411
687,518 708.788 586.894
42,011
21,416
183*7
1,281.861 1,428.702 l,a60,5M
132,134
196.679 143,476
8.789
24,620
34.868
680.381 786.011
618,766
86.627 10736fi 105,376
220,631
387,164
237.176
S.176
6,448
44«
88.628 U0,677
114.380
3,552
1,122
1,811
228.784 304,467 804389
210.863 287,486 218.6tS
1,118,887 1.610.425 1.348.78; 3,608,441 4.482 296 3.466.611
Proceeding now to an analysis of the grain movement
are struck by the marvelous dimensions of the
cereal receipts at Chicago.
That point indeed and
consequently the roads to that point seems to have
got most of the benefits arising from the great expansion in the volume of that movement. And the in-
we
—
—
came not alone from wheat,
crease
as
might be sup-
posed, but from all the other cereals as well, excepting
The wheat receipts last year had been very
having Jumped from 1^ million bushels to 6
million bushels ; for the present year they are over 10
million bushels.
Here is a gain on this one item of 4
only rye.
large,
million bushels.
But the gain
in corn
is
10 million
bushels, the receipts for 1892 being 12,600,000 bushels
ber.
but 2,600,000 bushels in 1891, when, howhad been very small, having dropped to that
from 6,300,000 bushels in 1890 and 6,500,000
as against
ZUUate.
JVomin^.
Ytar
Ocfobw.
e8ro*(U)..
1886 (
1887 (102
1888 (100
1888(152
1800 (ISO
1881 (117
1882 (132
Jan.
1
1884 ( 82
1887( l>8
1888( 87
1888(138
1880 (IM
1881(140
1882(186
Tear
Year
Tear
Given.
Preceding.
Oiven.
Preceding
MOtt.
MOe:
66.270
68,466
57.368
80,804
81,188
87,606
80,278
t
31,788.480
83,878.888
28,449,058
road!)..
58.678
03.062
row)!)..
60.247
roads)..
roada)..
83.273
83.668
100.022
roada)..
81,785
road!)..
Increan
46,le8,0S<t
61.90i.10fi
68.068.546
61,085,330
or Decreaee.
7
30.002.863 fne. 1.786.687
30.321.322 Inc. 3.558.566
28,324.476 rne .
123.583
41,084,881 Inc. 6,073,776
48,382,802 Inc. 1,812,203
63,492.548 Inc. 4.666 887
837,666
60,747,666 Inc.
roads).....
figure
bushels in 1889.
57.071
62.537
64,772
68.885
66,047
Then
there has been a gain of 3 mil-
and a gain
of 1,200,000 bushels in
Altogether the grain receipts at Chicago were
about double those of either of the two years preceding,
lion bushels in oats
barley.
reaching the remarkable total
against
tt Oct. SI.
roada)
ever, they
18,072,440
of 35,576,873 bushels
bushels and
and 1890.
246,388,627 226,136.867 Inc.20.251.S«0
respectively in 1891
277,071.160 242.318,166 Inc .34.72 1,884
244,831,744 237.630.050 Inc. 6.81)1,901
348,814,796 321.276.181 rn« .28.638.609
416,046,016 378,872.880 InC .36.173,025
461337,442 486.S82.84I rnc .26.604.501
for the last three years.
17,132,472
The
bushels
following shows
both the grain »nd the provisions receipts at Chicago
It will be observed that some
81.627
of the items of the provisions movement record a falling
mads)
88.826
87,410
roads)
88.175
4g2.8l2.810;888.B80.885 Inc. 23322,415
88.68*
off, and that the receipts of live hogs were only 547,Last, and perhaps most important of all, there was a 496 head in October 1892 against 684,999 in 1891 and
very heavy falling off in the cotton movement as 746,344 in 1890.
roads)
roads)
roads)
58,835
81.2
U
78.782
88,187
1
THE CHRONICLE.
788
RECEIPTS AT CHICAaO DUHIKO OCTOBER AND SINCE JANUABY
[Vol. LV.
The winter-wheat
1.
points
Cleveland and Peoria
Jamuiry
October.
,
1,514,688
10,419,817
83,258,70]
60,512,160
75.253.710
67,839,603
60,516.825
61,646,719
2,998,145
12,049,119
7,651,110
2,416,651
8,371,856
11,005,680
1.238.173
275,211
2,932,687
liVd
112,108
606,316
686
292
lbs.
15,537,708
070.633
13,329,631
No
647.496
taretaOES
1.773,660
684,9991
17,182,472 192,550,311 160,341,732 152,913,874
3,105,099
8,281,451
1,677,625
379,036
62,661
9,608
16,032
6,703
19,808,189 158,938,920 187,407.151 256,517,922
9,888,818 68,772,789 65,011,503 115,995,055
716,3441
6.10«,183l
St. Louis,
show gains
6,623,8/8
Toledo, Detroit,
in wheat receipts
the same extent as
In the case of the other cereals, too, these
points show comparatively small gains alongside the
very heavy increase at Chicago.
Taking wheat, corn,
9.562,251
69,245,567
2.261,589
—
over a year ago, though not to
6,290,012
6,119,983
6.819,183
all
1890.
2,666.129
Total Rrain 35,576.873 "18,072,440
Cntm'U.lb«.
October 31.
1891.
6.087,388
Wheat.bBsh. 10,013,489
<k>m. ..bush. 12,605.991
8,859.909
Oat«..bush.
624,237
Bf».. .bush.
11,473,307
BarUy.bush.
Flour., bbls.
Pork....bbIs.
1 to
1892.
1890.
1891.
1892.
—
5,083,618
Chicago.
oats, barley
and rye together,
it
will
be found that
the receipts for the four weeks of October aggregate
70,554,020 bushels in 1892 (note the magnitude of the
total) against only 49,604,864 bushels in 1891, giving
an increase of about 21 million bushels, equal say
It is important to note that very little, if any, of the
gain in the grain receipts at Chicago seems to have
come from the spring- wheat section of the Northwest.
which show a decrease. Large though the increase
in the wheat receipts at the point mentioned has been,
the increase his apparently come entirely from winter
wheat. The spring-wheat deliveries indeed seem to
have been smaller than a year ago. At all events, the
inspection of spring wheat comprised only 4,385 cars
in October 1893 as against 7,064 cars in October
1891, while on the other hand the inspection of winter
wheat comprised 9,443 cars against 4,508 cars.
last
to
half a million tons of freight.
Under the
smaller spring-wheat
movement
in the
perhaps not surprising that several of
the roads in that section should show diminished earnThis is important because it has a bearing on the reings, as already said, especially as most of these roads
turns of earnings of the roads in that section, sereral
•of
Northwest,
it is
year had very heavy gains.
It
deserves to be
pointed out, however, that the larger roads do not belong in this category, but report gains among them
—
&
Paul and the Rock Island (which
get a large business from the Southwest, whence a good
part of the increase in the grain movement came), the
Minn. St. Paul & S. S. Marie, the Wisconsin Central,
the Great Northern, the Burlington Cedar Rapids &
Northern and the St. Paul & Kansas City, all of which
At the distinctively spring-wheat points there is also record considerable improvement. The losses in that
from the Minneapolis & St. Louis, the
very little evidence of increase over last year, though section come
St. Paul & Duluth, the Iowa Central, the Milwaukee
it is to be borne in mind that the comparison is with
following
exceedingly heavy totals, those points last year having & Northern, and four minor reads. The
compares earnings for six years on the more prominent
gained beyond all others. We have not the figures for
the even month, but taking the receipts for the four roads
EARNINGS OF NORTHWESTERN LINES.
weeks to October 39 we find that while at Minneapolis
1833.
1887.
1893.
18D1.
1890.
1839.
—_
these were 9,700,000 bushels for the present year aS
the Milwaukee
St.
:
against 8,300,000 last year, at Dulutli on the other
Land they' were only 7,600,000 bushels as against
8,100,000 bushels. Taking this in connection with the
loss in the spring-wheat arrivals at Chicago, the spring-
wheat movement
as a
whole must evidently be regarded
is our
The following
as having been below a year ago.
usual statement giving full details.
r
«
$
$
t
330,853
319,668
177.662
458,573
887,170
358,521
3.563.620 3,476,650 2,905,771 2,961,810 2,942,491 2,800,661)
1,016,210 1,739,177 1,758,131 1,787,981 1,5-8,8.S5 1,339,678
227,121)
271,149
195,879
132,701
105,731
Chlo. St. P. 4 K. C.
161,453
141,90u
123,673
171,511
105,062
180,417
Iowa Central
195,197
97,491
126,50;!
111,031
164,100
139.560
Milwaukee 4 Nor..
178,340
146,017
182,229
143,340
191,761
222,603
170,382
Minn. 4 St. liOuis..'
223,519
150,353
355,358
193,316
M. St. P. 4 8. 8. M.
287,201
208,481
180,090
169,995
246,621
173,013
247,541
St. Paul 4 Duluth.
972,872 1,081.800
St. P. Minn. 4 Man. 1,727,118 1,801,710 1.330,132 1,840,165
895,781
128,713
159,400
667,801
608,011
637,031
Wis. Central Uaes.
Burl. Ced. R. 4 No.
Chic. Mil. &St.Paul
Chic. R. I. * Pac.
BECELPTSOF FLOnR AND GRAIN FOR FOnR WEEKS ENDED OOTOIiER 29
AND SINCE JANUARY 1,
The
Flour,
(bblt.)
WHe.al,
(bvah.)
Com,
Oatt,
(MuA.)
Barley,
(6w)i.)
Ryt.
(bMlul
CAtcOffO—
1 wks. Oct., 1892
1 wks. Oct.. 1891
Since Jan. 1, 1892
Since Jan. 1. 1891
475.109
372,275
4,646,745
3,261,119
Milwaukee—
1 wks. Oct., 1892
4 wks. Oct., 1891
9,271,918
5„50:i.3I9
10.280.981
33,177,77z
11.736,136
2.859,75^
8,502,683
3.270.551
i,2U8.828 1.9? 3,8.55
e8.'i08.729 67,0B5,«.13 11,554.812
60,317,672 60,266,830 8,304,0i)7
684.355
1.026,987
3.423.332
7,633,522
'
23-.151
St. Lo^iis—
4 wks. Oct.,
1 wka. Oct.,
Since Jan. 1.
Since Jan. 1.
Toledo—
4 wks. Oct..
4 wks. Oct.,
Since Jan. 1,
Since Jan. 1,
Detroit—
Iwks.
1,810 218
1.671,S7<
73,000
87.580
1,112,370
521,610
708.963
119.600
2,081,370
6,066,563
3,681,684
8.839,618
6,408,203
3.512.038
3,019,024
1,321,885
l,051,90ol
,585,925
1.O83.180
1,217,724
1,093,260
21.262.f.4l
25,349.8.->7
8.185,33't
19,820.373
13,928,799
9,822,375
191,657
108.876
1.739,057
1,292,432
10,287
2,612,900
2,021,500
20,329,058
16,826,851
,59,100
147.5IX)
6,968,942
2,»23,560
251.698
554,717
203,874
2.232.B94
1.953,442
Since Jan. 1.1892
einceJan. 1,1891
1892
1891
1S92
1891
136,911
lifi,6,S5
1892
1891
1892
1891
1,24.5
7ii,.519
12.733
Oct.. 1892
ll.^8ll,85^
7,280,708
183,200
19,100
2,22(1.003
408,060
316,023
1.2:18,244
1,499,779
lOS,;-*!
813,212
695,598
4,600
1.700
72,10J
270,100
2.1.800
4.50,829
291,802
1,074,128
1,112,887
8.73H.723
6,325,868
936,406
804,166
1.660.7.58
39,735
34,359
81,288
14,711
904
1,092,916
183,68H
210,130
1,990.182
2,707,169
3r,l.'i5
147,078
194,800
183.018
1.717.857
2,210,007
294.492
328,120
31.399
64,718
193.850
180,000
1,295,750
1,501,600
898,700 1,510,400
831,100 1,401.000
9,350,800 11,870,750
8,320,600 11,813,000
178,200
18911
15,850
11,300
159.525
138.175
979.150
685,100
Dulutd—
4 wks. Oct.. 1892
43,000
39.030
202,852
222,200
576.270
7,6)6.893
295,W0
Peoria—
4 wks. Oct., 1892
4 wks. Oct., 1891
Since Jan.
Since Jan.
1.
1.
1893
9115,878
182,490
31.16'
503,19t<
219.329
166.912
l,7b3,531
155.828
195.787
738.951
624,031
3?,177
l.')9.400
1
4 wks. Oct.. 1891
366.28)
8.105,122
Since Jan. 1. 1892. 8.572.808 31,633,799
Since Jan. 1 18911 i.355,199 21,321,086
27,687
178,583
827,818
Minneaolig—
4 wks.
4 wks.
Oct.. 1892
Oct., 1891
Since Jan. 1. 1892
SlQceJan. 1,1891
9,711,830
8,319,728
53,999,817
39,238,713
4 wks.
Oct.. 1892! l,,'>ni,R9l
Oct.. 18011 1.139.028
3.1,996,938
29.894.061
11,755.507
1,010,218| 8.786,480
6,220.392
Since Jan. 1. 1892 12,343,793 }?XJ3!-S^^illi'»«'i"lIo^.8i''i21'>»2;i?o:2lo
Since Jan. 1.18911 8.126.105 150,737.928' 87.683;786l80:817:4a3
17;83l'.818
1,'!32.821
l,x,51,35l
6.159,08:1
11,689.978
supplying the heaviest
sections, however,
&
Pacific furnishes the largest decrease of
$111,386, and
is
de-
all,
namely,
followed by the Missouri Kansas
Texas, which has $103,444 decrease,
&.
the Cincinnati
New
Orleans & Texas Pacific, with $100,920 decrease,
East Tennessee, which for three weeks of the month
has $71,093 decrease, the St. Louis Southwestern,
with 63,967 decrease, the Denver & Rio Grande,
& Ohio $50,890, the SouthMexican Railway $46,779, the
Carolina $49,073, the
Cheasapeake & Ohio $38,953 and the International &
Great Northern $37,390. There are of course some
large gains, led by the Atchison with §213,011 increase;
(including the St. Louis & San Francisco and the Colorado Midland) and followed by [the Rock Island with
with
Northern
Great
increase,
the
$175,763
$153,876, the
Total of all—
4 wks.
7,244,125
and the largest number of them are the South
and the Southwest. This is perhaps best shown by an
examination of the list of large losses. There are 11
of these exceeding 30,00D in amount, and of these all
but the Denver & Rio Grande and the Mexican R.iilway
are either Southern or Southwestern roads. The Texas
with 152,400, the
6,316
8,093.419
creases
239,787
23.775
17,107
118,960
130.801
4 Wks. Oct., 1891
Since Jan. 1. 1892
Since Jan. 1.1801
Cleveland—
4 wks. Oct.. 1S92
4 Wks. Oct., 1891
Since Jan. 1. 180i
Since Jan. 1, 1891
0.893,0561 9,372,9<isl 8,203,257
Total
Mobile
New York
Central with
$116,215
in-
crease, the Louisville & Nashville with $34,657, the
Canadian Pacific with §81,498, the Mexican National
$80,167 (large corn traffic into Mexico), the Wabash
$78,149, &c., &c.
The
following furnishes a
full
list;
. .
.
.
.
^0VEMBBK12,
THE CHRONICLE.
— that
Chicago & Eastern
1B03.]
of bolli the large gains
and the large
losses
ia
all
cinsom
rs
OUOSS
CliU'.
17.'».7(13
A
..
1S2,H76
11R.215
84.fl.'»7
.St.
81.4!18
Vortli'n. (3
Donvor
80,197
78.110
76,804
Mobile
r'rtrt).
R
r
«
I
,
MiM.ui
X.itl.iiKil
Wabish
A
A
ChUiik-o Mil.
MInii.
.'^t.
Paul
fl. M..
Hi.
rt.
P.
fViitr;il
Clilc.
8t.
Wlsioimln
CIi'v.
<
III.
A
A
Norfolk
Clilc iv'o
es.l.-sa
ei,.'i90
U
A
Intemat.
Kii«t. llllnolii
Uk
Mo, I'm-, anil A Iron
Kir. Tr. of Cm. (3 r'dg).
I.ak" i:rlc A WVatern...
Chli\ 8t, Paul A K. O...
Kin Uraude..
Ohio
&
4(1.77»
3».0.^3
37,'20O
Qt. Nurtli'a
Total (rfprc8ontlii«[
ISrowU)
*
t
Wabash
the
dhow
nil
AND MIOULM AND MIODL* WMtaUl BOAM.
TIIUlfK LlilM
ISM.
Oetolnr.
-i
1880.
1«01.
71,()U3
en.o«7
S2.i00
50,8DO
49,072
South Oarolluit
I Mezloan Railway
Cbuai>aake A Ohio
69,994
58,734
50,408
47,000
37,763
35.059
31,226
Wo-<t«rn
A
dc
and
103.4U
100.020
A BnullnTi'Hl'a
Loiiln
the Cloreland Cincinnati
Illinois,
considerable gains.
$111,336
r»cltt
KaiiMiM ATezai....
(•In. N. (), AT.P.(5rMi»).
"liantTunn. V». St da..
Ml).
vlllo.
N
<
Toxin
789
Louis
St.
Docrcaaes.
$212,011
(3r'<U)
Pao
I. .t
It.
(Jr.- It
OCTOBER.
barsixos Fon
Inereaaea^
Ati'li T.ip. .(eS.F
&
Chicago
above $30,000 in amount.
ritrscirAL
;
$720,104
For throe weeks.
For tour weeks.
1
•
•8S.0OS
f8O.0«»
A WMt MIoh.
841.81*
t»0.618
400.004
183,107
L
1331,487
Col.Uock. V.ATol.
Oat. Laaaing A No.
RraiUT.ATarr« U.
nintAP.Itan]....
QrandBap.AIiul.*
816,800
12S,<8*
116,671
83S.4>7
184,186
Trunk of Can.t
1,786,881
Rait.
AG.
Buir.
Kooh.APItt.
Bontbir.
OhloaioABMt.
Ohio.
III.
CI.Cln.Chle.A8t.
Or.
Lou.BTani.ASt.L.
Atchison, having the largest amount of gain, is
of course situated in the Southwest, and the Missouri
PaciQc in the same section also has a fair amount
The
of increase, and there are likewise a few others that
have also done well. On the other hand, the Kansas
Sb Texas, the St. Louis Southwestern, the Texas &
Pacific, the International & Great Northern, aud
As a rule the roads having
several others/ have losSPs.
178,0.18
iKiats.N.A.AChlo.
Total (represontlDK
$1,611,140
21 road.)
380,041
!«. r.Cent.AU.R.5
Ohio A MlulMlppl.
PIttab'gA Weiifn.
Bt.UA.A T.U. br'i.
4,«8e.8:8
887,323
Tol.
210,672
145,470
160,418
A Ohio Cent..
Wabaah
1,411 780
I18.6M
820,211
181.887
1
*ii,«8a
n73«0
S4*«n
17*3*8
*o«3ao
*
U431S
1,680,780
160.244
t,«863a4
1,706,707
148,181
«7l,760
4,178,008
404,868
806,851
147,060
860361
118306
S«a38<
111.47l|
2*8,l88l
S,78*,0»7
414,687
8,488,146,
884,8781
t«i,«r4
t88,t0*
*M,41>
14036*
188.7»T
i*a4w 187378
LKMOSJ l.«M,On 1.108310 1,0813*6 il,l((3n
815,147
*dl,6Si
800374
t8tWN1
180381
MMaa 1173lt 111.400 1111,784 1O43T0
86,453
79,108
10«,T«0
80.873
7830*
(18,089
M«300 (6434* 808,278 •04,880
Mt,«»*
K>438a
(04376
(78,081
870.7M
i«e,aM
170,487
8,686JM
880,448
*18,148
140,27*
163,017
146374
1,708,101
1,088.4(4
90,814
n73<0
8361.708
«U4(T
8073I8
10e,U«
190,694
I9),«.sa
126,480
87,084,
186,671
186.845
110,071
1383 031 1378,070 1344 200 1334.780 1308J4S
WosUN.T.APa..
845,180
828,080
841,227
20O,0aS
818,846
12,7.10,091 12,331.787 lt,M8356'u.878,017ll0,748,6'>5 11,198,800
Total
* All line*.
OleT. Col. Oin.
1
utr.
18S8.
1
A
t
Foot weak>.
tor thia year we have aOdad tocathat
t
lad.. OIn. Ind. St. Iionli
A
Chio.
aud Cairo Vinooonu A Cble
llnma WittMrtowa A Oirdensbanr Inchiln.! for all tlia rair«.
a Fourth week not reported; flgarea taken same as last year.
Among the Pacific roads the Northern Pacific as well
a heavy grain traffic show gains while those engaged as the Canadian Pacific has moderate improvement the
in the transpertation of cotton, or which have juffered present year, this following heavy successive increases
for some other reason, fall behind.
in the years preceding.
EARKIKSB or .SOtrrnwESTERN GROUP.
EARNINOS OF PACIFIC ROADS.
1830.
OcUAfr.
1882.
A.T.*S.F.3ys
S.753,071
8.602.58r.
3,358.882
Den..tKio(ir.
K.C.Ft.S.JkM.
705.500
478,151
817.900
600.887
872.18J
451.075
Mo.Kan.AT.
SUL. A Sou'w,
1,(>4«,374
I.UOJIS
1,062.707
513.300
975,001
7D6.118
677.287
490.067
863.655
906.634
86U95
834,435
526,805
783,919
814.161
8.357.75S
8,529.218
7.965.970
7.312,488
1890.
1891.
Bt.I,.*3.I.-.Sr
Texa.i
A
Pac.
Totnl
As
t
t
1891.
»
mijaa
2.813.051
3,010,768
816,220
732,308
417,371
601,254
874,723
463.65;
707,566
438,501
690,211
6.347.465
6,268,41:
847,158
Total
!iow
1893.
Chcsaiieake
Carolina and the Mobile
&
like the
South
Ohio, have sustained such
heavy reductions of their totals. These latter have a
large cotton traffic, and presumably they have been h/
harder by the contraction i^ the cotton movement than
the Louisville & Nashville.
It will be seen by the following table that some of these Southera roads report
the smallest earnings for many years past.
EABKI<(aS OP SOtmiBRN ORG UP.
October.
1891.
1892.
t
f
900.443
989.396
Chesapenbe A Ohio
Cln.N.O.AT.P.ST".
785.262
886,182
LualsTllleAIiBsh. 2.047,883 1,»6S,028
Memphis A Char..
136.535
108,249
Mobile ft Ohio
287,480
818.870
Norfolli A West'n.
876444
817.39U
-uuth Carolina....
183,072
186,000
Total
5.179,549
6.302,687
1889.
1800.
*
705,784
844,475
1,768,920
160.111
325.700
809.369
180.922
4.815.621
623,235
827,0i8
1887.
*
I4l,60i
677.240
1,437.053
129.810
261.611
691.030
140.508
468.220
710,318
1,688,700
178,649
202,480
005,696
138,38J
4,485,284
3,730.103
3,903,390
1,768,496
157,710
296,5J1
671,662
473.821
.
.
.
Ala.
lines
and Middle and Middle Western
roads on the whole present very satisfactory returns.
Out
of GO roads only
large amounts.
14 show
The New York
losses,
and not any for
Central, after a gain
a further
gain of $110,000 the present year, to which the extra
passenger movement incidental to the Columbus cele-
of over half a million dollars last year, has
brations
kl
of
course
contributed
very
A Vickaburi;.
largely.
The
.
Vicks.8hrev.APac.
Ctn. Northwestern...
A
Vlr.
.
Col.
Mays vine...
Clev. Akron ACol
Clev. Cln.Ch.A8t. L..
A East. l)iv.
Ool. Hook. Val.ATol
Col. Shawnee A Hock.
Colusa A Lake
Current River
Deuv. A RioGrandc.
Peoria
Des Moluc^No.AWc.^t
Det. Bay City A.Mp..
Det. LanalngANor..
Dul. So. ShoTOA Atl..
*E. Tonn.Va.A fla.Eleln Jollet AEast..
Evnu^tv. A Indlanap.
Ev.iti*
The trunk
Ohio..
Oln.Qeorg. A Ports.
Gin. Jack. A Mack.
an. K. OH. A Tex. P
Ala. Gt. Southern...
N.Orl. A Nortbeaat.
A
1888.
A
Chic. AEast. lUlnola.
Cblo. MUw.ASt. P...
Chle. Pao.A8t.Loia».
Chlo. R. I8l. A Pac...
Chic. St. P. A Kan. C.
Chic. A West Mloh...
Cinn. Ports.
«
«
1887.
8,076.022
4.54-,«8^i S.754.605
Qrou Eamingi.
&
and even small roads
4.884.480
Name of Road.
.
Pacific,
1
GROSS EARNINGS AND MILEAGE IN OCTOBER.
Western, the Louisville St. Atch. T. A 8. Fo Sys..
St. L. A S. Fr. Sys
Louis & Texas, the Georgia Southern & Florida, the New
Colomdo MlilUiucl
Atlanta A Florida
Orleans & Northeastern and the Carolina Midland. The Bait. AOhloSoatbw.
Norfolk & Western has opened some new avenues of traf- Brooklyn Elevated..
Biiir. RooU. A Pitta...
Burl. Ced. Kitp.A No.
fic, but it is certainly noteworthy that the Louisville &
Canadian Pacitio
Nashville should have enlarged its earnings at a time Cariiliua Midland
Cliar. Cln. A Chlo
when the East Tennessee, the Cincinnati New Orleans Oharl. Sumter A No.
& Texas
1
»
728,868
we mean), there aro only six that are able to
improved earnings, namely the Loaiaville &
Nashville, the Norfolk
1888.
New Brunswick not tnoluded.
regards Southern roads (those east of the Missis
:ppi,
18D0.
»
Canadian Pacific.. 2.094,000 2,012,602 1,700,447 1,707.900 •1.318.700 •1.28S.808
Northera Paclflc... 8,006,065 g,893,8«ii 2,822.810 3,085,10-.' 2.MU.6M\ 1.674331
137,175
197,228
165.580
282,560
Rio Qrande Wast..
247,800
115.249i
*
t85,115
1889.
*
»
.
«
1893.
Oetoher.
(
A Richmond..
Evauav. dc T. Haute..
A Pure Mani
Fort Worth A Rio (J..
Ga. South. A Florida.
Or. itapids A Indiana.
Cln. Blob. A Ft. W..
Flint
Otiior lines
iGr. Trunk of
Canada
K'liic.AOr.Truuk..
IDi't.Or. Hav.A Mil
Gt. -Vo.— S. P. M. A .M.
Minn...
Mi>nt»ua Central..
Gulf A Chicago
Ea.-ntorn of
Hunieaton
A 8bon
...
3
1391.
Mileage.
hureiueor
Dcereaee.
|
1
+151,035'
13,101
'.!-ll,.5l2
23,5,005
173,657
59,654
60,094
2,075
25,130
157,172
280,943
450.573
2.012,502
7,064
19,040
22,66S
939,396
338,656
3,176,636
115,488
1,739,477
461,453
170,137
7,330
60,290
407,4H3
191,866
123,699
82,613
78,521
2,062
25,29s
+a,307|
+ 16,485
1,100
1,081
92,902
1,351,197
164.742
88,075
1,291,503
153,8 41
338,981
73,417
2,400
10,953
817,900
33,670
97.5.001
•JU0.237
299,'348
477,6ti2
2,094,000
8,200
15,000
17,750
900,143
409,061
3,553,5 JO
122,621
1,91.1,240
405,679
193,167
6,927
65,777
373,185
1(15,351
126,69.i
31.'1,206
77,258
2,800
20.131
71(5,500
41,660
28,3UU
125,282
206,275
382,717
79,277
32,971
14,283
118,<j71
233,427
5I,083i
71,132,
224.133;
44,071
21,91l|
l,725,SSll
2S7,906
103,12.'il
1,727.118'
161.501
129.-*45;
3.518!
13.000'
18»1.
S
3,602,596
911,226
170,686
16,113
3.753.671
„
1 ='''•
+31,373
+29.551
—2,712i
+ 19,703;
7.1 30t
l.Hill
3,-M
l.)3
2-il
IS
3011
7,124
1,364
3.50
105
231
13
304
+21,08 ili 1.083| 1,083
5,568
+81,498| 3,767
33
+ 1,136
—4,010
-4,913'
—33,933
173
139
1,269
39
175
139
1,254
+ 50,108
480
433
+76,861
5,721
5,721
+ 7,133
416
41S
+ 175,763
3.136
3,40»-
+34,228
+22,730
—8U3
+5,437
-34,211
—26,312
922
481
42
315
336
295
190
113
170
922
489-
43
345-
339
295-
+4,827
+59,994
106
19
194
198
143
17a
8
10*
19
194
1.892
1,853-
+ 10.S9S
331
327
331
327
161
+996
-22,959
-18,427
+ 13
+ 138
+ 19
—23,776
+ 3,841
+ 400
6
161
22
82
23
83
—52,100 1.616
157
+7,990
1,637
+ 3,228
157
29,0.=)0
—750
2Js*
209-
130,266
201,149
433,810
72,748
32,387
0,664
106,790
236,806
56,709
69,923
218,492
41,639
21.161
1.6S9.780
281.731
101.633
-1,984
+ 5,126
323
589
323
389
-71,093
1.253
1,253
177
177
15S
102
161
1,(101,710!
119,379,
ll/,6J9l
5.5191
17,3811
+ 0,529
+381
+4,621
+9,872
—18.379
—5,621
+ 1,539
+9,661
-568
+750
136
102
1611
630
144
285
432
86
63,
+36,101
+3,173
-1,313
3,505
+
+ 11.922
3,'3.'>o
123,T3'J
333
1S',V
+ 12.216
260l
-2.011
-2.531
621
951
637
144
285
428
8S
62
3,137
335
189
3,035
72
235
62
05
—
—
. .
.. .
.
.
.
..
..
.
..
..
. .. . ..
THE CHRONICI.B.
790
Miteagt.
Groit Xamingt.
Tttereate or
JT»me of Road.
1S92.
43,148
481,894
87,910
195,062
3,805
28,381
30,679
478,164
110,603
34.663
39,216
8,486
339,751
46,748
345,742
173,633
2,047,685
296,641
59.549
877
136,535
748.689
465,124
232,282
164,100
10,656
194,764
355,356
1.046,374
2,782,000
297,480
12,717
4,289,878
58,907
295,146
876,144
3,005,665
567,604
397,323
86,100
60,951
80,990
3,967
39,425
210,572
25,626
70,125
247,800
13.894
113,409
145,470
3,193
513,300
216,621
838
&
Western.
Internat'l& Gt. No..
Interoceanlo (Mex.).
Iowa Central
Iron Railway
Ina. Dec.
Kanawha AMlch
Kan. C. Clin. &Spr...
Kan. C. Ft.S.&Mem..
Kan. C. Mem. & Bir.
Ksn.C.Wvan. &N.W.
Keokuk & W estern
Lake Erie All. A 80... .
Lake Erie & Western.
Lehigh & Hud. Elver.
Long Island
LouisT. Evans. & St.L
Louisv. <fc Nashville.
Louis. N. Alb.<& Chic.
Louisv. St. L. & Tex.
Manistlque
Memph. & Charlest'n
Mexican Central
Mexican National
iMexican Railway...
Milwaukee & North'n
Mineral Range
Minn. &8t. Louis...,
Mlnn.Bt.P.&S.SteM
Mo. Kans. ATex.sys.
Mo. Pac. & Iron Mt..
Mobile&Ohio
H. Orleans
&
South'n
N.Y.Cen.&Hud. Rlv..
N. Y. & Northern
N. Y.Ont. AWest....
Norfolk A Western.
Northern Paoiflc
.
Wise. Cent, lines...
Ohio & Mississippi..
Ohio River
Ohio Southern
Peo. Dec. <fe Evansv.
Pitts. Marlon & Chic.
Plttsh. Bheu. & L. E.
Pittsti. & Western
Quin. Omaha & K. C.
Hlo Grande South'n.
Elo Grande Western
Bag. Tuscola & Hurou
-
-
&
Gr. Island..
St. Jos.
St. L.Alt. AT.H.Brs
So.
St. L. Keunett
et. Louis Southwes'n
St. Paul&Duluth...
&
Sandersv. & Tennllle
San Fran. & No. Pac.
Sllverion
South Carolina
Tennessee Midland.
Texas &
. .
1
+951
+ 2,147
—3,402
+701
+35,059
+10,446
+14,619
+ 18,389
& Tennllle.
.
671
276
335
148
61
725
90
361
373
Easteruof
Gulf A Chicago
Humeston A Shenand'h
Indianap. Dec. A West.
Int. A Great Northern..
+84,657 2,933 2,860
537
537
+24,891
166
186
+ 10,022
48
48
—1,698
330
330
-26,714
—24,198 1,847 1,803
1,218
+8i>,167
1.218
321
321
—46,779
363
362
—14.210
17
17
—3,068
363
363
—27,739
807
902
+68,152
—103,444 1,672 1.673
+47,000 5,372 5,231
687
687
—50,890
65
65
—2,159
2,096 2,096
+116,216
Iowa Central
Iron Railway
Kanawha A Michigan
Kansas
. .
867
636
209
140
254
25
178
352
134
172
512
67
+12,718
—1,590
445
242
441
242
+ 133
25
25
—63,967
1,222
1,223
250
250
3
3
+347
+14,600
-625
+4.141
+4,621
—191
+28,949
—14,750
+ 1,832
—920
—166
67
Only three weeks of October in each year.
For four weeks ending Ooiober 29.
GROSS EARNINGS FROM JANUARY
Kame
1892.
of Road.
Atch. Top. & S. Fe Sys.
St. L. & B.Fran. Sys..
Colorado Midland
Bait. & Ohio Southwest.
Brooklyn Eleva'ed
& PitlsBurg.
Burl. Ced. Rap. & Nor..
*uff. Roch.
Cauadian Paelllc
Carolina Midland
Charleston Cin.
&
Chic.
Char. Sumter & North'n
Chesapeake A Ohio
Chicago A East. Ill
Chic. Milw. A St. Paul..
Chlo. Peo. A St. Louis.
Chic. Rock Isl. A Pac...
Chic. St. P. A Kan. City.
Chic. A West Michigan.
Cin. Georgel'n A Ports.
Cin. Jackson A Mack .
Cin. N.O. A Texas Pac..
Ala. Great Southern
.
.
A Northeast em..
Alabama A Y loksburg
Vlcksb. Shrev. A Pac.
Clnn. Northwestern
Clnn. Ports. A Virginia.
Columbus A MaysvlU*
Cleve. Akron A Col
Olev. Cin. Chic. A St. L
Peoria A Eastern
Col. Hock. Val. A Toledo
Col. Shawnee A Hock.
Colusa A Lake
H.O.
Sdrrent Utver
env. A Rio Grande
Des MoiucH Nor. A West
Det.BayfityA Alpena.
Det. Lansing A North'n.
Dul. So. Shore A AH...
Elein Jnllet A East
1
TO OCTOBER
1891.
30,865,609 28,810,042
7,089,311
7,555,140
1.696.850
1,820,865
2.050,874
2,201,779
1,152,281
1,546,297
2,342,965
2,660,110
3,524.530
3,094,468
17,408,003 16,29.=i,202
53,106
Sl,615
132,405
115,142
105.8.^2
120,745
7,643.278
7,922,337
3,118,380
3.389,845
26,870,378 23,554,627
951,171
1,083,503
15,378,644 13,799,865
3.770,057
4,219,128
1,474,975
1,664,740
57.823
59,069
587.005
607,385
3,.=)10,198
3,614,255
1,563,400
1,447,764
950,822
1,032,072
525,441
492,456
440,767
501,983
17,417
17,658
216,044
205.560
10.621
11,910
789,482
831,770
11,966,908 11,425,820
1,395,686
1,486,471
2,712.839
2,776.946
473.994
599.869
25.126
23.735
134,172
170,090
7.549,751
7,073,860
341,400
274,429
300,551
375,559
1.030,751
1.05 i, 901
1,943,305
1,884,534
701.602
583,412
31.
Increase. Deereatt.
337
75,378
5,026
20,96t
84,850
62,05S
"9,784
C
—
BANKERS' ASSOCIATION OF ILLINOIS—ANNUAL
MEETING.
pleasure in calling attention to the fact that the
be
annual meeting of the Illinois Bankers' Association will
The
held in Springfleld, Illinois, on November 15th and 16th,
bankers of
executive council of fifteen requests and urges all
have selected some
the State to attend the meeting, as they
consideration.
20,380 very interesting subjects for discussion and
104.057
organized in
association is only a year old, it having been
115,636
32,985
61,216
241
10,484
1,289
42,288
641,088
90,788
64,107
125,875
1,391
35,918
475,891
66,971
The
November,
membership, which began at eightythe Secnine, is increasing daily, as we learn from Mr. Keys,
the meetretary of the association. In his letter announcing
bankers
ing the Secretary says " It is hoped that most of the
1891, but the
:
November meetof the State will become members before the
report will show a large membership,
ing, so that the annual
justly should do."
preamble
objects of this association, as expressed in the
Michigan Associato its constitution, are precisely those of the
The
ago.
tion, concerning which we wrote three weeks
and we can think of
annual fee for membership is five doUars,
bank
no way in which this sum can be better invested by any
as
it
The
75,008
24,150
118,190
45,406
We take
81,250
58,771
17,293
298,565
54,690
1,010,849
2,426,425
248,938
57,950
619,790
620,127
74.046
2,097,053
2,018,007
413,071
376.072
36,999
13,129,
204,911
191,782
420,4531
16,305,830 15,885,377
88.153
2,992,710
3,078,863
17,322
1,000.278
9*2,956
8,833,287 1,852,507
10,685,794
117,363
995,876
878,513
983.320
1,058.598
38,017
33,043
118,700
139,665
18,946
414,225
395,279
3,172,828
3,257,679
130,844(
1,440,166
1,571,010
1.1141
28,643
29,787
37.0761
267,499
304,575
7.959
259,115
267,074
316.193
4,111,940
3,895,747
964,7.il
902,695
35,957
245,010
280,967
331.362
341,126
365,404
2.937.313
2,671,909
1,065,539
2,381,019
306,888
Total (126 roads)... ,422,812,810 398,990,395 36,659,387 2,836,972
33.922,415
Ketincrease
t To October 29.
* Only throe weeks of October in each year.
17,363
1,246
Deereati,
31,142:
390.049
348,907
3.551,812
143,9271
3,695.739
54,683
1,293,577
1,228,894
17,881,501 16,635,332 1,246,1721
364.670
2,749,772
2,385.102
108,455!
422,839
631,294
24,205
80,705
104,910
Manistique
135.143
1,171,917
1,307,059
Memphis A Charleston.
444.097
6,025,889
6,469,986
Mexican Central
240,700
3,495,539
3,736,239
Mexican National
817,101
2.500,740
3,317,841
tMexican Railway
83,661
1.432,281
1,398,620
Milwaukee A Northern
11,121
120,661
109,537
Range
Mineral
159,742
1,471,295
1,631,037
Miuneapolis A St. Louis
626.457
1.976,875
2,603,332
St. P. A 8. Ste. M,
Minn.
44,213
7,873,319
7,917,532
Missouri K. A Tex, sys..
Mo. Paciflc A Iron Mt.. 22,664,000 20,940,0001 1,724.000
129.332
2,837,982!
2,708,650
Mobile AOhlo
39.360
137,850
108,190
N. Orleans A Southern
N. Y. Cent. A Hud. Rlv.. 37,681.481 36,172,094 1,509,387
47,502
431,338
478.840
Northern..
New York A
360,098
2,543,753
2,904,456
N.Y. Ontario A West'n..
607.12
7,505,805
8,112.932
Norfolk A Western
42,668
20,473,624 20,430,956
Northern Pacitlc
546,911
4,300,956
4,847,897
Lines,
Wiscon. Central
47,790
587.916
635,706
Ohio River
19,614
3,517,069
3,497,455
Ohio A Mississippi
47.952
476,685
524,637
Ohio Southern
1,062
718,0 75
719,137
Peoria Dec. A Evansv..
4,679
37,470
32,791
Plttsb. Marion A Chlo..
51,000
274,962
325,962
Plttsb. Shen. A L. Erie.
110,342
1,886,530
1,996,872
Pittsburg A Western ...
11,161
215,546
226,707
Quincy Omaha A K.
330,403
221,062
554,465
Bio Grande Southern...
58,828
2,149,50S
2,205,336
Bio Grande Western
13,919
89,468
103,387
Sag. Tuscola A Huron.
274.395
717,045
9 "1,440
St. Jos. A Grand Island
61,224
1,171,359
1,232.583
St. L. Alt. A T.H.Br'chs
9,471
19,730
29,201
St. L. Kennett A South.
46,667
8,579,460
3,626,127
Louis Southwestern
St.
236,974
1.487,907
1,724,881
St. Paul A Duluth
2,007
7,.575
5,568
Sandersv. A Tennllle....
2,911
739,169
742,080
Ban Fran. A No. Pacific.
21,653
100,010
78,957
SUverton
286,572
1,386.439
1,099,867
South Carolina
9,323
166,869
157,546
Tennessee Midland
353,663
5,724,368
5.370,706
Texas A Pacitlc
2.533
37,638
40,171
Val. A N. W.
Tex. Sabine
69,357
854,589
922.946
Tol. Ann Arbor AN.Mlch
266
283,384
283,650
Toledo Colmnb. A Cin..
108,402
1,225,367
1,333,769
Toledo A Ohio Central..
24.466
796,686
821,152
West'n
Toledo Peoria A
193,839
1,612,180
1,806,019
Tol. St. L. A Kan. City..
421,362
11,820.369 11,399,007
Wabash
11,857
921,547
903,690
WestVa.Cf,nt. A Plttsb.
123,138
2,931,212
2,809.071
•West N. y. A Pa
131,456
1,075,852
1,207,308
Wheeling A Lake Erie
'i'&'j'ii72,919
57,078
Wrightsville A Tennllle
2,055,567
465,329
124.006
150.905
91.016
317,145
430.062
1,112,801
1,491
14,893
279,059
271,465
3,316,751
132,332
1,578.779
449,371
189,765
Increase.
$
315,858
Louisv. Evansv. A 8t. L.
Louisville A Nashville..
Louisv. N. Alb. A Chic
Louisville St. L. A Texas
867
636
209
140
254
25
178
367
134
60
446
+61,590
—7,635
+4,706
1891.
LTl
Long Island
477
+ 12,300
C.
Kan. City
Kan. City Wr. AN.W...
Keokuk A Western
Lake Erie A Western
Lehigh A Hudson River
1,105
4,378
+7.619
+68,754
.
A Spr
Ft. B. A Mem..
Mem. A Bir.
Kan. City Clin.
61
61
47
1,349
4,379
+ 10,552
M
Montana Central..
+937;665 91,795190,278
Western Maryland
West. N. Y. & Penn.
Wheel. & Lake Erie..
*
-4,105
—22.723
-22,048
.
51,685.330 50,747,665
& P.
Total (132 roads).
+690
^135
+804
152
825
438
497
20
142
163
1892.
of Road,
Evansv. A Indlan^olts
Evansv. A Terre Haute.
Flint A Pere Marquette
Fort Worth A Bio Gr...
Oa. Southeru A Fla
Gr. Rapids A Indiana.
Ciu.Klch.A Ft. Wayne.
Other lines
tGr. Trunk of Canada..
tChic. A Gr. Trunk....
tDet. Gr. H. AMUw...
Great Nor. St. P. M.A M.
165
165
—3,723
20
20
—4,190
313
270
—49.072
135
135
—1,497
—111,386 1,497 1,497
38
-933
38
384
384
+21,023
73
72
—4,580
338
238
+4,544
24'
347
-2,095
451
4C1
+20,851
+78,149 1,933 1,931
155
155
—7.630
205
221
+11,075
640
640
+4.700
355
255
+ 10,767
35
35
—1,230
.
Wrlghtsv.
152
825
620
497
20
142
163
671
276
235
148
61
725
90
361
373
+4,685
—37,290
1.001
96,931
17,390
13,200
185,072
136.000
21,738
20.239
906,534
795.14S
5,452
4.519
85.481
106,504
31,838
27,258
145,874
150,418
94,611
92,516
187,440
208,291
1,411,780 1,333,631
99,343
91,713
90,925
102,000
228,400
233,100
123.177
133,944
8,230
7,000
Paciflc
C.
38.463
519,184
87,220
195.497
3,001
32,576
29,728
500,887
132,651
32,516
42,618
7,785
304,692
36,302
331,123
160,244
1,963,028
271,750
49,527
2.575
163,249
772.887
384.957
279,061
178,340
13,724
222,503
287,204
1,149.818
2.735.000
348,370
14,876
4,173.663
48,355
287,527
817,390
2,993.365
506,014
404,958
81,394
60.604
66.390
4,592
35,284
205,951
25,817
41,176
262,550
12,062
100.601
147.060
3.360
577.267
247.541
Name
1891.
1892.
Decreate.
93,20->
Tex. Sab. V.& North.
Tol. A. Arb. & N. Mich
Toledo Col. & Cin...
Tol. A Ohio Central
Tol. Peoria & West'n.
Tol. St. L. & K. Civy
Wabash
West Virginia
1891.
[Vol.
—
NOVBUBER
THE CHRONICLE.
13, 1893.]
or basking hoii^ie of
Illinois
thun in •Aiding a repreaentatiTe
791
HAN VBANOISOO.
'Xi'-
Muinb«r
Bankers have so much to Kai" from a personal knowladgs
of one another, from making common cauw aitainat the
enactment of bad lawti, and from the free diitcuwion in convention of matters pertaininx to their commoa intereots, that
s^s:^::::^^^^^
Qua
we rejoice in the signs of the times which indicate in th«
comparatively near future a spread of the St^ite banking
association to every State of the Union.
The oflicers of the
Association are
President, Thomas S. Ridgway,
Prosiilent First National Bank, Shawneetown
First VicoPresidiMit, John J. P. OJell, President Union National Bank,
lUiaois
:
;
Chairman Eiecutive Cjuncil, Frank W. Tracy,
President First National Bank, Spriugtield Secretary aad
Chicago
;
:
Treasurer,
Edward D. Keys, Cashier Farmers' National Bank,
Boston, St. Louis, Cleveland, Qmaha, St. Paul,
Minneapolis, Louisville and San Franci.sco, at the close of
of
business on Friday, Sept. 3V.
From them and from
previous
reports we have prepared the following, which covers the
results for Sept. 30 and July 12 1893, and for purposes of comparison the figures for last year (Sept. 35) are given :
_
BOSTON.
Sept. 30.
I8»a.
Number
65
July
li,
Itm.
5S
ScVt.ib.
1831.
GO
Resources—
Loansand dlsoonnu.tnclud'K orerdratU.tl&l.OlS.S <1 tlSl.ZIS.MZ
12.075.689
Stocks, bonds, Ac
12.277,218
20.1138,388
Dub from reserve Monts
23.213,812
16,130.839
Doe from banks »ml bankers
ll,0S7,U7
2.7:M.6ai
BanklDR hoase. furniture and flxtures
2,640.038
and mirti{a«ei owned...
and certlUcatea
surer coin and certlUcatea
Lexal tender notes and cert'ts of deposit..
Bllla of other banks
Birhanxes for ClearlnK House
Current expenaea and taze* paid
Premiums on U. 8. bonds
Otber reaourcea
Other
real estate
OoW coin
Total
207.158
B.703.834
8.063.476
5.481,808
021,410
11,631,978
67.862
622,180
1,067.830
208.3n3
10.lu2.419
2,l53.7;6
6.8>4,087
tl40.780.013
10,280.270
17.559,736
-11,470.222
2.004.4M
800.912
180.174
7.219.629
1.677,ltl
6.810,705
1.00S.138
10,280.288
11,154.&',>7
.',42,879
709.2.10
«18,481
896,640
6 0.88N
663,651
t2Sl,985.373
t248.1B7,404
163,100,000
t61.80a.00ll
4,937.7«0
1.206.391
t63.10O.00O
20.101.475
4,714.390
34,361
104,725,9l5
110,4,3.1,172
88.12i.8ia
Li.xttUilU*—
<.
II'
lal
stock paid In
and undivided pruflta
f.raUtion outstanding
> 11 IMS
DIV'kMl'ls unpaid.
Ijilivklual depoalta
Other deposlU
Due t.} banks and bankers.
Otber llabllltlea
Tatal
19.i>01.326
181.021.
204,:<68
299.151
3W.78a
51,057,687
612.835
60,319.fliO
42,207.72«
75,216
lU.'.'OO
t231,9e6.373
t24 6,197.401
tmea^.soo
Sept 80,
8T. I.OUISl.
Nomber
3i.ei9.83a
8,»n«.316
1893.
9
J\Uv
13,
1S92.
Sent. 26.
1881.
9
Loans and discounts. Incl. orerdrafts
Stocks, bonds, Sc
Due from banks and hankers
Banking bou^e. furniture and Hxtures
Other real estate and mortgages owned...
Gold coin and certiacatee
airer coin and certlBcates.
Iic«al tender notes and cert'fs of depoeit.
BIffe of other banks
SictaauKes lor ClearliiK House
Current expenses and taxes paid
Premiums on U.S. bonds
Otbor resources
Total
I4abUait»pltal stock paid In
Tplus and undivided proOta
__realatlon nntstatidlnit
IHTldends unpaid
Individual deooslts
Otber deposits
Due to banks and hankers
Notes and bills payable.
Total
CLEVKLAND.
Number
t32.9?l,510 t30.301,414
2,808,483
2,876,7-24
4.486,H14
4.727.354
873.306
873.308
190.018
192.572
8.401.673
8.827.178
1,18»,SS2
1.226.174
1.515,536
1.411,048
116.478
190,846
1,210.460
1,482.467
111.20:1
47.605
88.3iX)
89,800
144,460
167.851
t4S.I28,132 t47,407,341
.Total.,
t43,372.878
40:l.2iH)
3. ISO
17.385.899
255.000
12.250.663
66.000
Sept.ti.
U(tt.
1891,
.Total
Capltal stock paid In
Barplns and undivided proflta
CinuUll.in outstanding
Dividends unpaid
Individual deposits
Other deposits
Dae to banks and bankera
outer
liabilities
TOUI
<>8».«V0
5,002.01t
S.19C.936
480,268
144.485
1,267.397
181.131
1,475.000
151.72S
300.706
04.310
11,182
70,644
10
121,097,696
976.881
2.610.908
2.009.638
468.812
131.460
1,009.412
80.178
1.08:<,liO0
1115.671
800,012
181,862
21.174
124.318
t36.8l8.S20
t30.128.641
18,060.000
1,016,170
000.360
tS.06O.O0O
8,375.560
001,450
4.602
20,OM,!t73
75.921
4.067.441
t8.060.00i~i
18,1221227
03.410
4,82».8S7
711.400
tt4,»98.1M
IS,«lT,6«t ~t».TI8.«»t
|L5oa.oao
t8.50n.0O0
l.U't.*70
PO.'KM
//i.i6(liflas—
Oaiiltal atoi'k
turpln-
n.,l.l
in
n^T.IM
lod proflU
I
Urculnt
M.OOO
IJ08
ling
l>lvlden
ludlvldu'il deiMxiis
1
t*.6oo,aa«
1.017.710
K.OM
«M
vtgH
i.lOS.SS!
8,4037*0
4.tlO,SM
ft3,Si8
100.100
1.803,t78
VlfiDi
t,l»5,2t«
1360,060
~w5i)3M
t8,617.6«i
~tO.rU.tW
01 her depoatta
Due tu banks and bankva.
7.
l«58.
Sw
ttl388.074
tll.867310
1898.
Numbar
/iesouresa—
I.oaaBanildisoounts,lnolud'K ovardrafta. ttl.820.t80
Stooka, bonds. Ac
1.885,579
Due from reaerva aitanta
8.86<i.080
Due from banks and hankera
Bauklnchouae.furnltureand Oxtures....
other real estate and mortgages owned...
Oold coin and certlticates
Silver miln and oertlfloates
Lwal tender notes and oert'fs of dapoalt.
Hills of other banks
Rxdianges for Clearing House
Current expeaises and taxes paid
Premiums en U. S. bouds
other reseurcas
l.MI»MO
l.a88.7r'
8360,461
1300,1
118378
8311.008
1.710441
174.177
180308
Wfjon
688.1
07.l_
830350
718,000
260.784
lOi.000
828,800
201840
208,8
083,086
66.108
170.947
300.010
tZ8,70t.410
125.008323
ttO.lOS.tSO
11.160,000
000,916
667.000
14.150.000
t4.0flO.OOO
068380
861.1(0
881.800
088,010
20.840
10.1»7,0>8
886,681
0,029.806
9.606,338
431,636
Otherdeposlts
Oue to banks and bankera
8.1^,452
'^tner liabilities.
32.073
Total
123.702.418
8T. PAUL.
180460
204304
878
0,800.878
700,807
4.678.685
102.604
125.0)3323
170.106300
July
S^pt. 96.
1881.
Sept. 80.
1802.
6
iVumber
18.
1S92.
6
llewurca—
Loans and discounu. Including orerdrafU. 115.873,900
5
38.-26
386.501
34.205
61.711
8J,4S4
131.5.58
1.545
61.731
61.S17
118.088,700
1.318.480
1.933,107
793,911
704,668
174.188
1.728.858
376.160
412.287
IOt.81S
801,000
25.005
66.781
8J.166
12:.999.8I0
123..159.172
121.101.826
11.8M."00
t4.8-)0,00a
2,S92.7.'>:<
268.16>
2,412,117
259.790
2,8»3
•Zi.^s^
10318.IH
10.8S7.791
471.770
4,256,770
300.000
4,5>.0.183
14,800,000
2.350.030
207.900
2.767
8.813.780
464.458
4,202,876
300.000
bonds. Ac
Due from reserve aventa
Due from banks and bankers
Qank'g house, furnlt. A Ox'rea.
Other real estate and mortgages owned
Oold coin and certificates
Silver coin and certlfloatea.
Legal tender notes and certs, of depoalt
115.113.868
1,390.407
1.8U.-<e6
583.018
811.601
1.276.700
I,311.1i5
Eltooks,
Bills
1300.tU
8,410,967
8.486.098
887.662
110.838
3.036,212
181.643
743,024
149,401
272,374
80.139
174.280
Total
LU6ill( inCapital stock paid In
Surplus and undivided prollts
Circulation outstanding
Uivldends unpaid
Individual deposits
085.805
841,055
248.088
. . .
216370
l,684.8i>2
283,788
498.528
181.ii:M
...
of other banks.
Total
2.091.2.I9
117,337
Bxcbangea for Clearing Koui-e
Curreutezpensesand taxes paid
Premiums on U. S. bonds
Otber resources
383,682
LiabUUUf—
Capital stock paid In
Surplus and undivided profita
circulation outstanding
Dividends unpaid
Individual deposits
Other deposits
Due to Danks and bankers
liabilities
132.80J,800
472.9M
183,869,178
121.101.826
Sept. SO,
1892.
J'ulv 12.
ISSt.
Sept. 26
1S91,
10
Ac
Due from reserve agents
Due from banks and bankers.
Bank'g house, furniture and itzturea
Other real esUte and mortgages owned
Uold coin and oertmoates
Silver coin and certificates
Legal tender notes and certificates of deposit.
of other banks
Hicbangea for Clearing House
Current expenses and taxes paid
Premiums on United States bonds
Other resources
BilTs
Total
10
10
Surplus and undivided proBlB
CIroulaUon outatanding
Uivldends unpaid
individual deposits
Otner deposits
Due to banks and bankers
.Notaa
«,488.'.74
007.6110
483
14.292. 39t
679317
111.598
3.210.338
1.807.068
t36,84V.8M
180488.544
tll.708.7.>4 111.887.688
88l.lia8
1,406.037
1,033.864
324.417
117.528
502,206
67,.517
864.732
81,067
176.661
98.110
102,6iiO
71.170
87
..BiK
1,281.818
933.862
324.379
107.152
621,126
02.538
846,087
88.017
118.181
89,4.tl
102,500
78.662
804.610
708,030
952,350
310.018
70.808
844,207
04.710
878,723
68.011
46,800
106,824
128,876
01.668
118.249,732 117.211.881 116.186.840
LiabilitiesCapital stock paid In
and
bllla
parable
14.901,500
1,477,375
14,901,500
1,347.413
14,90t600
446190
449940
6,331
6.484,160
S30.000
5.507.089
24.600
18,063
6,623.333
448,810
5.064
6.003.448
330.00O
8.178.770
saO.ouo
4,046.080
85.000
1.678.,'<7e
046347
118.249.7M 117.841364 110.140.846
Totri
MfNNEAPUI.18.
Number
ant.
SO.
1898.
7
July
13,
1^
Seat. t»,
1601.
7
HtMturct*—
lAwns and dlaeounta. Including ovaitlrafts
Stooka. bonds. Ac
77.
Due from reserve aaenu
Due from banks and bankers
Banking bouse, furniture and flxturea. ..
other real aatate and mortgagee owned..
liold ooln
£d certlflca'es
Silver ooln
t8>,9ee.U4
SSI
ia,lM
t»,»103«
Stocks, bonds.
Jitly 12,
tt2.483.2S6
8a,t60
4,»«l
/{eaourcea
ReamiTfes—
t23.71S,A6«
8S4,«go
3.8,M.l64
Dtle from banks anil biinkars
2.439.878
Banklnn house, furniture and Bxturaa....
460,858
Other real estate anil mortgages owned..
144.486
Gold (viln an 1 certlMcates
1,837,070
WIv,-ri. in liinlcertlflcates
90.141
Li^khI tin ixr noteaandeertU'sofdepoalt.
Ul-V-OO
mil-' f tin; r banks
160.941
KxiliaiiMus for ClearimtUouse
246.329
Current expenses and taxea paid
1H1.314
Pr.;mlums on U. S. bonds
11,152
Other resources
106,660
Ipm
MTt
tt.OO'i
Loans and discounts, including overdrafts... 112.310.381
t4S,378,g78
Voans * discounts. Including OTardrafta..
fkiek*, bonds. Ac
Dna from reserve agents
«Ai)
•tiUS
»,TU0
LOUI^TILLB.
t48,128,132 H7,407,341
10
Ml
137,513
1.060
Number
tlO.6 50,000
2,369,820
10
'
W,)5a
Total
tlO,700.000 tlO,700,000
2.700,154
2.472.456
4<M>,000
300,200
66,413
6,679
80,006,366 18384.076
240.00)
250,000
14.708.1:12 18.724,331
262,o67
Stfl. SO.
1892.
MOTM
I.si'o
6iO0
•,.
turrenlazpaniaaand laieap«l(L
Premium on U.S. bonda
Jther FMOuroaa
Other
R^snurcea—
901.IM5
»6,140
18.818
-nis
THjlH
1U.8I8
OMABA.
cities
UiJIU
89KttT
50.400
71,547
«e.oe5
banU
Total
Condition or National Ba>-ks in Boston, St. Loots,
Cleveland, Omaha, St. Paul, Minnkapous, Louisville
AND San Francisco.— Through the courtesy of Mr. A. P.
Hepburn, Comptroller of the Currency, we have received this
week abstracts of the condition of the national banks in the
"^m
l,6.<s.7IO
KichangMfor i1«a(1n«-lIoaa«
Other llaMlltlea
Springdeld.
a
143.060
miMt
Gold ooln and oarimnaiaa
AllvaroolnandoertinaatM
iMgaliwidarnotaaandoartia'tordapaalt..
HUfs •< olkar
$
"m
fiwa banks and bankara
BanktMbansa, rumlturaand flxturw. ....
Othar raal aetata and mortgagaa owned
"&*'
^'HH*-
a
to this gatheriiiK.
and
oertlflcataa
Legal tender notee and certlB. of depoalt,.
Bills of otber banks
Kxohangea for Cieartng-Uouse
Currant azoensae and taxes paid
Premiums on United 8Ut«a bonde.
Other reaoumMS
Total
Ii2.0t0.060
710.805
1.S598-.4
1.0*6.426
205.481
188,:i7
e70.0U
170.18*
6eo,N0 >
18^«I0
tlC.602.800
562,7.0
|lt.t48.9U
1.685500
1,18L673
8.244.176
1.077.631
«4S.»78
211.762
20^38*
186.087
780.818
125.114
451.2
7S,S.i8
38 1.4
4-'».«18
61 i.l»7
«67.8«7
7 10.060
15<,487
14
410.4.48
10,007
48,375
40.'180
5»,*07
40.500
88.403
tl8.070.140
118.881.244
tl8.46>30«
14.031.000
1.413.623
8»1.08)
14374.000
14.8i0.u«(>
1.*08.M>1
I.2M14''
806AM
2503^0
O38.*20
46.381
43.i:6
s».60i
L<aM<i«esCaaltal stock paid In
gueplus and undivided proOU
CIroulaUon ouutanding
—
.
—
.
)
THE CHRONICLE.
792
Sept. SO,
1892.
MINNEAPOl.I8-(C(mtiii«f(D.
Sept. 85,
1891.
JiilV 12,
1802.
$715
$1,162
8,tl9,468
38,361
8.900,185
5R0.181
Individual deposits
Other deposits
2)u«tobanli8 and bankers
Other liabilities
T«t«l
$16,136
9,133,616
47,811
2,619,170
100,878
10,132,931
99,282
1,893,611
981,319
$19,076,110
Dirld ends unpaid
$18,391,221
$19,189,308
From May
rvoL. Lv.
17 to 34 inclusive the stocks cleared
were ChiPaul, Louisville & Nashville, Northera
Pacific pref. and Philadelphia
Reading. On the 25th,
Atchison, Chicago Burlington
Quincy, Book Island and
cago Milwaukee
& St.
&
&
Union
Pacific were added to the list. On June 4, Chicago
Gas, Missouri Paci6c, New York Lake Erie
Western and
&
Condition 'of State Banks in Kansas.— Commissioner New York & New England were added; on June 15, Drfla^vare
iCharles T. Johnson has furnislied us an abstract of the condi- Lackawanna & "Western, American Sugar common and
"tion of State and private banks in Kansas on September 1.
Western Union were added. On Sept. 31, Dlstilhn.^ & Cattle
rrom it and from the previous reports we have prepared the Feeding was added.
following, which CDvers the results for September 1 and July
30 1893
:
July
Segt. 1,
KANSAS.
80,
1892.
1892.
448
444
?21,li 1,E89
$20,859,719
911,181
4,639,192
511,381
2,769,830
707,852
215,652
1,735,153
Wnmber
Rt'snurce9~
liOans and discounts, includina overdrafts
Stock, bonds, 4c
Pne.SSo
5,196.0^0
616,«55
2,813,181
775,647
231,826
Due from banks and bankers
Bankins house, furniture and fixtures
Other real estate and mortgages owned
Oold coin and certlflcates
Silver coin and certificates
Currency
.
Bills of other
1,791,325
banks
313,213
218,066
'£9,660
466.031
223,847
$31,637,146
$33,062,787
$10,822,467
1,077,598
3,763
11.170.2;8
5.796,082
$10,,777,357
1,,731.701
Exchanges for Clearing House
Current expenses and taxes paid
Other resources
"S7,"i99
Total
Capital stock paid in
Surplusand undivided
profits
Dividends unpaid
Individual deiwsits
Other dero 'its
Due to b!.nks and bankers
Notes and bills payable
66,592
,511,232
,861,889
177..'i91
272,823
1,368,311
-Other llabUlt:c3
,381,725
191,120
869,182
$il,837.1ie
$33,062,781
..
Total
—We
THiCHiGAN Banks.
give below a statemrnt showing the
condilion of the batiks in Michigan, both National and State,
at the close of business on Friday, Sept. 30, 1892, jirepared
from the statements issued by the Comptroller of the Currency and by the Siato Banking Department of Michigan.
For purposes of comparism the a<jgregite
fur July 12 is also
appended.
Jtisoin
cr..<
Bants.
Sevt. 30.
1892.
139
IjO?ns and discounts
Silver ciiin aiid certificates
Xegaltend. and certs, of dep..
banks
Exchanges for rlear'g House..
Current oxp. and taxes paid
.
Premiums
or interest paid
Other resources
Total
498,81.6
2,0 2,781
t'52,813
240
$S9, ..36.797
20,1119,287
3,689,735
$85,038,919
108,172
29,938,953
144.6.56
28,477,184
19,430,076
3,227,8 ;0
2,260,228
1,238,038
l,2.-'0,'<i:l
/
2,:i26,031
674,716
1,087,670
256,125
1.227,018
2,179,181
4,704,820
6,380,705
850,918
25»,468
119,068
271,818
78.3,292
470,693
485,201
737,201
684,711
136,983
284,711
832,920
3,.536,60l
751,521
4,364,211
i
J
4.34,:!44
»18,235
i'88,1.33
465,367
$-8,081,223
243
650,769
6,763,124
3,018,986
1,0:B,410
552,337
2,149,231
Tritnl
Jullt 12.
ISviS.
Sept. 30.
1832.
l",8.i6,8r.3
4,2.30,192
Due I'rt m brinUs and bankers.
Banking Ih.uso. furn. and fix..
Other real c;»t.ste
Go!d coin and certlflcates
Total
$37,320,116
205,941
26,708,701
$52,216,631
"
"
2'0.V8I
Overdrufts
L
/Staff
—
Stocks, bonds. AC
Due trcni reserve agents
Bills other
J81,213,4S7 ?159,2&1,660 $161,751,110
ahilitifii—
Capital stick paid in
$15,031,000
Surplus and undivided profits.
6,8.1,223
Circulation outstanding
-,£8-;,5.50
Dividends unpaid
Due
dtpof-its
to banks and bankers
N<ites.iv)l biJI'i payable
iiaUlities
Other
?10,911.110
4,139,878
?2.=l,e78,110
10,014,101
2,683,550
37,318
61,910,V14
29,.545
13,.507,887
Individual deposits
Other
London, Saturday, October
29, 1892.
Rates in the outside market at the end of last week advanced sharply on the rise in the Bank of England rate.
Early this week they gave way again, but they are once more
rising, the discount rate for three months bank bills being
about 2J^ per cent. The opinion of the market, however,
changes rapidly with every change in the prospect as to gold
shipments. During the week ended "Wednesday night very
nearly three-quarters of a million sterling was withdrawn
from the Bank of England, chiefly for Russia. On Thursday
a further sum of £387,000 was withdrawn, and more will be
taken. At the same time all the Continental exchanges are
turning against this country, and it is probable that gold will be
taken both for France and Germany. Yesterday the Imperial
Bank of Germany raised its rate of discount to 4 per cent.
The usual miscellaneous demands will have to be satisfied,
and within the next few weeks about three-quarters of a million sterling will have to be sent to Scotland.
It seems clear,
therefore, that rates must stiffen. There is a belief in the city
Bank of England have now begun to
The excess supply in the open market ia
and probably therefore a small amount of borrow-
that the directors of the
JVot. 2!i3ll7,Sept. 30,
1892.
MTCIIKSAN.
Number
[From our own oorrespondent. ]
7.773
18,132,327
B- 3.272
10.539.218
132,5;8
8,000
15,830, 7DS
1,960,08:)
4(i,2ii4,0T0
2C8,161
$25,637,610
9,060,639
2,,'S61,710
310,08a
8,000
12,4S.i,2r8
106,302
57,156,789
41,621,029
12,107,213
601,8>t4
300
borrow on
consols.
not great,
ing will make the Bank rate effective.
The silver market has given way this week. The prica fell
on Wednesday to 39 3-16d. per ounce and on Thursday to
89 l-16d. per ounce. There is a fairly good demand for India,
but the general belief htre is that the market is manipulated,
and that there will be a further fall before long. The bimetalists are very active, and Mr. Balfour on Thursday made
a speech in Manchester in which he strongly advocated bimetaUsm, But though in his own party the political influence of Mr. Balfour is great, he has no authority as an
€Conomist. The present Government is entirely against al
tampering with the currency, either at home or in India, and
bankers and great capitalists are at length beginning to see
that it is necessary to bestir themselves if they are to make
their views prevail. The opposition to bi-metalism then is be-
coming much more pronounced of late indeed, outside of
Lancashire there is hardly any bi-metalist party.
The committee of which Lord Ht-reohel, the Lord Cliancel
lor, is president, has begun this week to take evidence, but no
Stock Exchanoe CLSARi.va-HousE Transactions.—The reporters are admitted. The purpose for which it was ap«ubj'jined statcmmt includes the transactions of the Stock pointed is to inquire into and report to the Government on the
Exchange Cleariog-House from Oct. 31 down to and includ- measures that ought to be taken in India in consequence of
ing Friday, Nov. U; also the aggregates for May (from 17th to the depreciation of silver. It is understood that a great majority of the members are opposed to any change in the Indian
31st), June, July, August, September and October.
currency, and that the questions which they will specially
STOCK EXCIIANOE CLEARINO HOUSE TRANS.VCTIOSS.
consider are, firstly, whether any compeupation, and if so,
Shnrrs.boUi sides. —
Balances, one side.
Sheets- how much is to be given to official servants in India, and
Clcurcd.
Total Value,
tihares. Value Sliares. C ash. C tear' dMonth—
$
$
secondly, how the Indian revenue can be increased and the
$
May
4.731,600
266.200,003
446,000
22,600,500
298,300
2,100
Indian expenditure reduced. But some members are in favor
June
16884,000 1,041,048,200
1,698,760
91.666,700 1,433,971
5,835
Total
$;8,C81,223
.
181,213,427 $150,294,060 $161,751,410
"Other deposits" under State banks includes
Sept. ao and 35,90 J,372 on July 13.
$30,950,5
;
savings deposits
:f
.
,
.
.
.
July
9,807,300
13,9f8.480
18,867,S00
20,726,300
August...
8epi
October
699,313.200
1,120,100
71,186,100
971,700
9; 7.683,000
107,380.900
1,301.600
1,208,0' 10,000
I,6;7,100
2.065.800
128.6113.500
1,697,608
1,358,733,000
2,325,800
118,622,000
1,761,100
9,262
6,862
9,100,000 89,300
7,800,000 107,700
5,000,000
53,000
3,800,000
33,500
3,600,000
28,600
334
289
276
272
222
Oct. 31. 1,293,500
JSov. 1.
907,800
"
"
•"
89,600,000
62,700,000
581,400 34,200,000
523,100 32,800,000
403,400 29,700,000
2.
3.
4.
Tot wk. 3,709,200 219.000,000
2fov.
7.
"
8.
9. .
10. .
-"
<•
"
.
11. .
794.700
64,400,000
131,000
113,300
72,300
57,100
48,700
6,886
6,183
422,400 29,300,000 312,100 1,393
96,300
7,600,000 123,600
276
5,600,000
7,700,000
6,200,000
38,700
69,900
49,800
253
306
276
357,600 27,100,000 282,000
1,111
..,IIolidax
493,500 37,100,000
938.000 66,900,000
707,200 52,700,000
Tot. Wk.2,934,0a0 221,100,000
72,800
104,800
83,200
of a gold standard, without a gold currency, for India.
At the fortnightly settlement on the Stock Exchange, which
began on Wednesday morning, Stock Exchange operators obtained all the accommodation they required at from 2 to 2)4
per cent. Stock was found to be more plentiful than for some
lime past, and backwardations almost disappeai-ed. In the
Argentine market, more particularly, carrying-over rates
Thus while the banks were lending at from 3 to
2}4 per cent, as much as 6 per cent was charged for carrying
over some Argentine railway stocks. It is evident that the
public is still holding aloof, and this of itself is calculated to
check speculation. The influence of money is even more
marked. It is not improbable that we may have a 5 per cent
rate before the year is out. The Scotch banks are beginning
to call in loans, and if the German demand should assume
were high.
:
NOVEMUKR
THE CHRONICLE.
12, 1803.J
tlio Bank of Eogland will hare to act vigcannot nfTord to loae much more gold. But if
the iupply of money should become scarce, speculators will
find themselves in an awkward fix.
Furthermore the reports
frtim Argentine are not encouraging. A little while ago
Buenos Ayres was scareil by a rumor that the neighboring
garrisons were marching upon the city. There was no truth
in the rumor, but it made an uncomfortable impression hero.
The rising in Santiago del Estero is probably an unimportant
affair, but still it proves political unrest.
This week it was
reported that a revolution h.id broken out in Corrientes. The
report has been contradicted, but coming after the others it
has warned epecuhitor.s that the future is not quite so assured
inngnitude
gorloiii
ormisly, for
it
were inclined to believe. Uruguay is in a bad way,
and though the Brazilian exchange is improving and stocks
as tliey
very uncertain.
In the Far East busineta is greatly depressed by the silver
crisis, the troubles in Australasia are not yet at an end, and
upon the Continent there is a very imquiet feeling. The new
German army bill proposes to reduce the term of service with
the colours from three years to two years, and to call out
every really able-bodied man, in future raising the annual
The following return showa the position of th« Bonk of
Sngland, the Hank rate of dUoount, th« -.rice of connoli,
*c.
v>mp*red with the taut throe yearH:
IHUl.
There will have to be new loans and new
taxes, and the impression made in Germany is very bad.
In
France, M. Rouvier's budget for 1893 has been completely
changed by the Budget Committee. No provision is to be
made for meeting the floating debt falling due next year.
The extraordinary expenditure is not to be included in the ordinaiy budget, that is to say it will have to be covered as
heretofore by borrowing; and the precautions against illicitdistillation are to be more strmgent. The best informed consequent ly estimate that there will be a deficit next year of at least 3
millions sterling. In Italy the crisis is growing worse. In
Spain the loan of two mUlions sterling lately raised is already
millions sterling.
spent; the note circulation
is
largely increased
and
new loan. If they are not
how Spain can meet the many
ations have begun for a
it is difficult
to see
negoti-
sucessful
In Russia, according to the
Empire, last year's
Budget closed with a deficit of over 18 millions sterling, taking
the rouble at Ss. of British money. Everywhere, therefore
definitive report of the Comptroller of the
is difficulty
and uncertainty, so that the
best observers
are inclined to be conservative.
Trade here is becoming more depressed. The cotton industry is disturbed by the impending strike, ship-building is
almost at a stand-still, the iron and steel trades are bad and
is great depression in agriculture.
Taken altogether the
crops this year are probably worse than they have been in the
present generation except in 1879. Prices are exceedingly
low, rents are falling, and as a natural consequence there is a
movement all over the country to lower wages.
The rates for money have been as follows:
there
Interest atlowei
for deposits by
Open Markft Battt.
U*don
1
2
B«pt.23 i
••
30 2
••
"
"
Tradt BUI:
7
2
U
2
3
28 3
21
wm.
(M.M
«
t»M»M»
1».1»7.«70
t4.«aaiaM
H.MI4W
t,U»M»»
«A»,au
4.aM.lM
MM8.MI
KMBMl
«
Clroalatlon
Pui>llod«poslt«
O h«rd«poslt«
tOMriMi
4.tl>S.(M
t».;o»j»oi
<rtrDmaat SMarltlM
Or.h«rs«eamiM
IMST.osil
Sl.noo.MX
M.t(l2,OI«
M.I8S.M0
tft.6»T.«n
M.M<I.MI
««,«t«.ll77
l(o«orr«
I6.in«.i7«
is,«4a.;oi
ll.<K»,»07
»«S4.a«i
l».7Aa.<1i
1».«77JM
U.078,M»
20Jm.30*
(i
Coin and bnlllon
I'rop.asseu to ltabllltles.per
(4,870.421
et.
38^
41H
ot.
Bank rat*
„p«r
UonaoUfNpariwnt
Clesrinc-IlciiM ratanu
8
S«»-l«
(Oct. as.) 4
IMM
«0J<
6
BS !!«
6
9i UblS
Ul.i»0,tt»
»iit-ia
lOiJuajKO 100.621,000 103.7»6,oao
The quotations for bullion are reported as follows:
OOI.D.
ILTIR.
London Standard.
3arR01d,lln«....os.
Bar (Old, contain'!
:adwU.ill'er..oi.
^pan, doubloons. OS.
U. S. cold coin
Merman gold coin...'
Oct. 20.
Oct. 27.
d.
s.
78
78
0«
78
Oy»
BarsllTCr, One., ot.
BarsllTcr, oontaln-
70
lng5Krs.Kold. ot.
73 10
Cakasllrer
os.
70 4M Mexican dollari..oi.
70 4M
1
0«
7X
7A 7W
(>.•/.
27.
Oct.
d.
-
74
&
London Standard.
4
«.
71
Messrs. Plxley
October 27:
201.
d.
ati.ia 39S-10
40
aO 7-18
ttH 12 7ia
S8 1.18 as7-ia
Abell write as follows under date of
Odd—The demand
for the Cuntlneot ia, it anytbtni;, moro aetlvav
arrivals on this market are readily taken at extreme prleea.
DuriiiK the week *732,000 has been withdrawn, of whlcU £ 13,000 gooa
and
all
Qermanv and £250,000
to
to Russia.
Only £11.000 baa been
Valparaiso, £7,500; Japan. 419.000; China.
£36,000; Cape, £0l,OJO; total, £137,5J0.
Arrivals:
rcoelvod.
£45,000; Bombay,
Bar Silver— A further ilse cirrled the price to 397,gd., at whlchtho
market remained steady for three days, but with lower rates from
America, and consequently from India, reaction act in, and to-day the
price Is Sgiigd. Arrivals: Chili, £ 17,000 Australia, £1,500; Capo
£3,500; New York, £20,000; total, £12,000.
Mexican Dollars -Those coins have entirely folIoTved the silver
quotation, aud are now38iie.d. Shipments from New York, £ 10,000.
;
The following shows the imports of
United
Kingdom during
the
cereal produce into th»
eight weeks of the season
first
compared with previous seasons:
1892.
Importsof wheat.owt.1 1 ,080,271
3.868,257
Oata
2,220,009
Peas
27B.251
Beans
993,150
Indian corn
5.901,815
Flour
3,121,401
1891.
11.907,853
4,311,831
2,213,807
295,160
657.293
3,059,132
2,4:9,203
Barley..
1890.
12.475,286
4,892,601
2,065.877
177,695
436.332
5.8J0.3iO
2,321,610
1889.
9.361,919
3.972,74*
2,525,33»
172,725
663.33$
5,0e6,02J
2,388,293
Supplies available for consumption (exclusive of stocks
September
OD
1):
1892,
owt.11,080,271
3,431,401
Bales of home-grown. 4,073,779
1891.
2,429,205
5,103.836
Total
.
1890.
12,475,286
2,321,610
6,980,746
19,442,894
Wheat
21,757,612
11,907.8.53
Imports ot flour
18,575,151
1892.
ivsr. price wheat week.283. 7d.
Average price, season. .283. 6d.
1891.
333.
36a.
1889
9,361,gi»
2.388,29!}
8,374,601
20,124,81»
1830.
1839.
4494'
3 Is.
2d.
7d.
Od.
318. lid.
30j.
294.
The following shows the quantities of wheat,
United Kingdom:
flour
and
iiaize afloat to the
Disc't H'ti
TMftceek
Lantiiieek.
1891.
1890.
tCaeat
qrs, 1,891,300
3H3,000
Flour, equal to qrg.
•false
qra.
353,000
1.762.500
l.T7;i.i"0
331.00O
38j,000
1,3.30,000
2 Mi.OOO
l»7,00i)
200,0<iO
Thne
- 1H9 - 8K» - iweiM lKa2 iH»!iH
I a - 1«®- 2 9- IMOIN i«a8
2HS2»
I a - IM» - aH«- m«lM 1K«2
2K«2M
m®i>« m«- 2H»- 1^93 IH@3 2«a - 2W9- 2«ca- 2H9- a 9- 3M» 2^»
2««- 2«» - ZH9 -'2««8 «Mas 3>i«3K
!«•
H
H
H
H
1
1
1
IM
i«
H
N
H
H
IM
X
1«
IM
IMl
The Bank rate of discount and open market rates at tb e
now and for the previous three weeks
London.
Oct. «8.
Rates of
l»t»TUt at
Oct. 7.
Oct. 21.
Bank Opsn Bank Op<n Bank Oixn Bonk Opsn
BaU. Market Bate. Market BaU. Varkst Bate. Market
rtiB
2H
4
S
3
Bambars
Frankfort
....
m
3
2«
a
a
Hi
Brussels
IH
ZM
2M
2M
2«
2M
2«
«!<
Vienna
4
4
Bt.PetersbarK.
CM
4
4
IM
3M
Ki
4
Madrid
6
4M
6
Copenhagen...
iron.
rue*.
Wed.
39iifl
3-7h
«<7',8
38'g
97<,.
971m
1'7'4
97'.,
I>;'4
97',,
TAwri.
3M1.^,8
s»7i,»
«7:ij»
rr'oh rentes (In Parl8)fr. 99-27 >« 99 3i»
D. 8. 48 of 1907
Oanadlan Pacltlo
b8»8
8-J!(i
83^8
Ohio. HU.
Bt. Paul.... 82%
Oa-Sis 99 32'* 9955
106 >«
lUOHl
lIMiU
138
71>«
138
138
1
#H.
381»,B.
97
97%
99-45
1
{
Berlin
Bat.
SO'i,
b7ii8
\
Bllver.perox
d
O)n801».new,2\perots.
do for account
have been as follows:
355,OU»>-
Bniclliib Financial inariteta— Per Cable.
The daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending Nov, 11
ehief Continental cities
Amsterdam
l»«0.
Oct. t«.
ta
«
Four
Thru Four
Six
Six
Stock At 7t0U
Month! Monttu Monthi Jfontht Months Months Banks. Call. Days.
Joint
Ui
Oct.
Bank BUU.
Oct.
*
liabilities
coming upon her next ye^.
there
tmi.
Oct. «9
rihing, the outlook is
contingent to 235,000 men, exclusive of commissioned officers
and sergeants. If the bill becomes law, there will be an im
mediate capital expenditure of about 3}4 millions sterling; the
increase to the ccst of t^e army annually will be about S^
-:^ j;:^ jesr
4
4
m
an
&
2H
2H
m
3
i
3
a
i«
114>4
2M
Mexloaii Central 4<
K. T. Central & Hudson.
70%
114%
8
3
3
3
106
nUnola Central
Lake Shore
137\
LontovUle&NaabvlUe.. 71'e
2
HI.
Y. Lake Erie AWest'n
27 •<
27%
2M
2H
iH
IM
SM
4
6W
4
•M
4
E
4
4M
an
6
4
4M
1097s
40.,
Northern Paclflo pref... 51 '8
5-i»
Pennsylvania
PhUadelphlaA Reading. 3i»
11 'a
Onion Paclflo
Vabub pief
27 •«
lO.!',
4
iH
IK
SM
m
do
JTorfolk
2d cons
<k
Western, pref.
7.%
89^
83%
trO'fl
82%
7m
70%
7l7g
70 '«
111"*
27'«
56 's
•ilH,
27%
1097g
4.%
52%
41%
27%
70
X)0%
3ti
415*.
71%
27%
41%
52%
311
90%
106%
137%
114
110
4ia«
5 ^
67>s
90%
82%
106 1^
137 "«
41%
52%
56%
567,
2!»%
417a
1
»•
83«8
72»s
70
115%
2778
109%
41%
52 "»
\
29 «
-JV
41>«
4l<b
27
87%
V
:
.
THE CHRONICLE.
794
^ovxm&vcinl and J^HsccHatieous
||jex»s
Natiosal Banks.— The following natioaal banks hav
recently been organized:
4,809—The Delaware County National Bank
Capital, $100,OfO.
President,
Bank
First National
—
&
Messr.'i. Geo. A. Lewis
Co., Chicago, offer at 96>^ and
interest 8350,000 Consolidated Street Railway five per cent gold
bonds of the city of Grand Rapids, Mich. This company
operates the entire street car system in a city of 100,000 population.
See advertisement.
Muncie, Indiana.
of
Emmet M.
Smitli;
of Garner, Tovra.
United States Sub-Treasury.— The following table shows
Casliier,
Charles H. Cliurch.
4,810— The
[Vol. LV.
Capital, $50,000.
receipts and payments at the Sub-Treasury in
wellas the balances in the same, for each day of
President, J. M. Elder; Cashier, J, J. Upton.
4,811
—The
Bank
of Martinaburg, West Virginia.
President, J. W. MoSheny; Cashier,
Citizens' National
$100,000.
John P. Wilson.
Capital,
—
;
Mcl/aurln.
4,313—The Putnam National Bank of Palatka, Florida. Capital,
$50,000. President, Martin GritBn; Cashier, Georse L. Pace'
—
Nov. 4 also totals since the beginning of the
January.
rOBEIQN mPOBTg AT HBW TOBK.
;
1889.
Dry Goods
een'l mer'dlse.
T«tal
Since Jan. 1.
1890.
first
1891.
week
in
1892.
$1,553,753
7,260,566
$1,878,170
10,473,146
$1,769,682
8,551,409
$2,239,758
9,816,138
$8,814,319
$12,351,316
$10,321,091
$113,192,049 $130,516,814 $100,386,857 $109,030,606
mer'dlse. 307,337,345 334,681,060 344,891,521 377,518,227
Xotal 44 weeks. $420,529,394 $465,197,871 $415,278,378 $486,548,833
The imports
of dry goods for one
week
later will be
foun d
in our report of the dry goods trade.
The following is a statement of the exports (exclusive of
(pecie) from the port of New York to foreign ports for the
week ending November 8 and from January 1 to date :
XFOBIS FBOM NBW TOBK FOB THB WEEK.
1889.
1890.
1891.
1892.
Coin.
Ooi7i Cert's.
$
$
$
3,928',633
3,193,093
3,593,716
17,413,363
95,663,686
96,272,747
.. Holiday..
5,01.s,183 96,097,a80
3.973,563 96,866,725
3,893,265 95,743,813
3,429,108
3,415,549
Current y.
$
16,811,253
16,719,522
5,915,234
5,848,276
1 5,777,588
15,448,660
15,299.865
5,878.82»
5,653,142
5,630,298-
19,726,668
K. X. and Brooklyn dus Secaritles- Brokers' Quotations.
GAS companies.
GAS COMPANIES.
Ask.
Bid.
Brooklyn Gas-Llght
130 136
Ooosolidated Gas
117^4 llS-a
Jersey City & Hoboken.. 180
ACetropolitan— Bonds
1I()
Mutnal(N. y.)
HI 148
Bonds, 68
1(11)
102
Nassau (Brooklyn)
150
Scrip
100
People's (Brooklyn)
98
98
$12,055,896
Dry Goods
Cten'l
Paymsntt,
2,862,005
3,835,921
Total.
the imports at
For Week.
Eeeeiptt.
Nov. 5
"
7
"
8
"
9
" 10
" 11
Imposts and Exports fob the Week. The following are
New York for the week ending (for dry goods)
Nov. 3 and for the week ending (for general merchandise)
week.
tlie
Balances.
DaU.
S
4812 The Merchants' National Bank of Grand Forks, North Dakota.
Capital, $50,000. President, A. W. Warren Cashier, D. P.
city, a»
tliis
(
Equitable
Bonds. 6s
141
108
115
105
138
1U2
161
105
Prev. reported.
$7,178,555
285,803,731
$7,054,944
293,193,491
$8,429,729
308,^43,566
Atlantic AT.,B'klyn.8t'k. 135
Gen. M., 53, 1909...A&O 102
Broker St. <6, Ful. ¥. -Stk. 29
Ist mort., 7s., 190(1-.JcSdJ 110
Sr'dway
jt
The following table shows the exports and imports of specit
at the port of New York for the week ending Nov. 5 and
Since Jan, 1, 1893, and for the corresponding periods in 181*3
and 1890:
XPOBT8 AND IMPOBTS OF gPBOIB AT «BW TOBK..
Sorlp
Central Crosstown— 8t'k..
Ist mort., 68,1922.M&N
Oent. Pk.N.A B.Kiv.— Stk.
Consols. 78, 1902 ...J&D
Dry Dk.B.B.& Bat'y— Stk.
1st mart., 78, 1893.. J&D
104
102
105
93
218
107
105
thM
Week.
Great Britain
France
Since Jan.
1,
$4,000
150
Germany
West Indies
Mexico
Bonth America
$6,221,393
18,410,228
26,117,350
7,021,284
110,000
1,370,598
10,500
$114,160 $59,161,503
55,233 75,070,177
42,910 18,886,935
Exports.
& Gr'nd
St. F'ry— Stk.
Ist mort., 7s, 1893.
42d
Anctiou Sales
Week.
$32,813
4,738,151
914,150
$174,789
"9,443
2d
Germany
Since Jan.l
1,300
966,473
38,215
548,065
27,543
West Indies
Mexico
Bonth America
All other coontries.
Total 1892.
Total 1891.
Total 1890.
1,010
700,0^3
201,790
M„
J&J
income, 68
Ist mort., 58, 1909.
121
100
M&N
Sixth Ave.— Stock
Third Ave
IstM., 58, 1937. ... J&J
Twenty-third St.— Stock..
Ist mort. 78.1893.
153
120
125
101
$370,220 $18,098,170
810,000 16,667,795
103,000 15,016,309
$7,2-'8
660
8,969
$6,917
234,655
36,980
$2,691,333
2,194,993
6,097,388
Of the above imports for the week in 1893 $174,351 were
American gold coin and $860 were Ameiican silver coin. Of
the exports during the same time $114,150 were American
gold coin.
— Advices
securities the following, not
were recently sold at auction.
Messrs. R. V. Harnett
Co.
Bonds.
Bonds.
$3,000 Equitable Gas Light
$50,OOOKan8asC. Wyandotte
Co. let 6s, 1899
& Northw. RK. 1st 5s, 1938 4*
108>a
I
By
&8on:
Messrs. Adrian H. Muller
Shares.
Bonds.
$2,000 Jersey City 7s, Imp.,
1893,
Mining
Little Chief
''^"^'^
Pousrhkeepsie
(
^"^'o"! "t i'8 condition Oct. 31
this issue of the Chronicle.
'^^T*9°'"P?°y°^
advertised in
Co.
investment
coimcui
&
int.
Amity Canal,
Co 1st 68.19t l.$50 lot.
$20,000 ihe
Res.
&
I.
$10,000 Dry Dock E. B.
Batt.
1
laufetiifl
toils
Ist OS, 1941. J&J
110%
$5,340 Citizens' Insurance
Co Reserved Fund
73'«
12219
F&A
RK. op.
e.
&
Scrip, 1914.
& ink
$5,000 Drv Dock E. B. &
Batt RK.7s.l8y3,J&D100'8Aint.
$10,000 Grand River Coal &
and
100=8
89%
1st 69
l^iuauctal.
....
LIBERTY NATIONAL BANK,
Central Building;, 143 Liberty Street.
CAPITAL,
New
York.
S300,UOU
ACCOUNTS OF BANKS, BANKERS AND MKBCHANTS 80LICITHD.
HHNBY C. TINKKH President.
HBNRY ORAVHS, yio».Pr«»ld«n>
JAMBS CHRISTIE. Cashier.
HBNRY 0. TINKHB,
HBNRY GBAVBS,
GBO. F. BAKBHl,
J. K. MAXWBLL,
DIKECTUKS.
K. F. C.
YOUNG,
H.
WM. RUNKLB,
DUMONT CLAHKB,
JNO. H. 8TAK1N.
IT^all St.,
New
C.
HON,
J.
Spencer Trask &
A.
FAHNB8T00K.
G. A. HOBABT.
GARLAND.
Co.,
BANKS nS,
York.
16 Cougresa St., BoatoD.
Providence.
Members of New York and Boston Stock Exchanges.
INVESTMENT SECURITIES.
THE MERCANTILE NATIONAL BANK
OF THB CITV OP NEW YORK,
No. lUl Broadway.
$l,000,00il| i^nrplas&ProflU, ID1,030,0(»>
WILLIAMP. ST. JOHN, President. FBKDKRICK B. SCUBNCK, OMhlM
JAMKS V. LOTT, Assistant Cashier.
ACCOUNTS SOI.
D.
€B:pltalt
-
I
advertise
A&O
$3,000 Brooklyn City BE. Co.
Coke Co.
^V^^^ statement of the Massachussetts
&
I
Co.,
25 Brooklyn Warehouse &
Storage Co.
p.c. paid) 100
9 Union Trust Co
760
100 Mcatagua Canal Con. Co. 19
state that the Savannah
road has orders for pig iron shin-
-Messrs. Redmond, Kerr
bonds in the Chronicle.
1893,
1
$50 each
$42 lot.
225 Citizens' Insurance Co. ..lOoij
10 Fallkill Nat. Bank of
from Birmingham
T -^7„^*'^°'''i°r.'^
fflQ^,
200
Albany.
mentseast to the luU capacity of its rolling scock for
three
months to come. A map of this road is in the Investors'
OUPPLEMKNT.
112
270
100 103
&
By
10
Amencus & Montgomery
103 I lis
198 202
208 215
— Among other
regfularly dealt in at the Board,
Since Jan.X.
S2 1,014
335.737
100,855
3-0,161
964,852
822,169
66,545
62
67
65
H0U8t.W.St.& P.l"y— Stk. 2001
Ist mort., 7s, 1894. .J&J 100 107
1130 140
Se '.ond Ave.— Stock.
125 130
UO
$184,232 $7,712,368
25,393,798
7,646,194
Week.
lirn
114
Nimh Ave
2,146,618
75,087
$369,210 $15,993,435
523,139
France.......
1,078.918
46,523
oOO 305
A&O 100
60
M&S lU
42dSt. Manti.A St.N.Ave.
96
220
115
150
115
Imports.
SUver.
Brest Britain
Since Jan.!
10,1.10
All other countries.
Total 1892.
Total 1891.
Total 1890.
Week.
167
99 101
265 275-
BtKhth Av.— Stock
Ist mort., 63, 1910..
Co. of Brooklyn.... .- I35I2
25 N Y. & N.J. Tele. (Jo.... 96
Imports.
107
EighthAT.— Scrip, 88, 1914 lOo HlB
20 Fulton Municipal Gas
Exports.
iio
Dry Dock B. B'y* B.—
30
112
200
106
105
7tliAT. -St'k.. 196
Ist mort., 58, 1904 .J&D
ad mort., 58, 1914. ..J&J
'24
8'way Ist, 58, gu
2nd 58, int. as rent., '05.
Brooklyn City— Stock
B'klyucrosat'n 68., 1908
Bkn.O'y&N'ii58,1938 J&J
$7,484,237
322,579,614
Total 44 weeks. $292,982,286 $300,248,435 $316,673,295 $330,063,851
146
111
118
City Railroad Securities— Brokers' Quotations.
.
For the week..
Aak
Bid.
Williamsburg
Bonds, 68
Metro p«li tan Brooklyn) .
Municipal — Bonds, 78
Fulton Manicipal
Bonds, 68
1
,
NOVEUBEIC
THE CHRONICLE.
1803.]
13,
jChe JBankcrs'
795
banken are
Poatod rates of leadlnn
CSaxette.
aa follows!
ffottmber 11.
Di vidbudii.
irA«n
Hame of (lompany.
Book* nioted,
PayabU.
Otnt.
(Day inelu*i*t.)
AMU^
Railroads.
Alnhninn i&
Chli'. liiirl
CU'vi-liiiul
VlckHbiirK
3
A (^uliiny «|iinr.)
A I'lttK. (itmir.) Kiuar.)
2
Jiortli Hi'iiiisylvuul.i (qiiiir.)
Dec.
Nov.
17
i»:nov. 19 to Nov. 2(1
llNov. 1 1 to Dec.
1
25 .Nov. 1 1 to Nov. 20
!<«« lau->ou«.
.VI
Adniiix i:\|ii<-- i(|uur.)
|d*o.
AinerUau
3
Nov.
10*
&
Jan.
3
i.\i»M'H8
I.ehlKli C'uiil
NnvlK»Uon
Wt'f^ttTIi Union
•
!N0¥.
Dec.
I
Deo.
Nov. 12 to Doc.
spec. 11 to Jan.
3
to
3<Nov. 19 to Deo.
rhp following were Che rates of
V
B
Uaited States Honds.— Quotations are as follows:
WAM. HTKEKT, KKIDAV, NOV. 11. ISIM-S P. M.
Moner .Varket and Financial Sitnation.—The
quadrennial drama of a Presidential election lias again
InttrtMl
5.
been performed and the country survives the peaceful revolution with scarcely a tremor in its markets.
There was so
little choice between the financial opinions of the respective
candidates for the presidency that the election of either of them
was not considered dangerotis. But as to Congress the great
rency
now
we secure a repeal of the silver law
a constant menace to the safety of our cur-
arises, shall
which
is
Hot.
Hov.
PtrUtdt
Kov.
Hot
Hot.
Hot,
7.
8.
9.
10.
11.
I
The
question
<ew
^
Payable In scrip.
of 1S90,
'l<»n'Hr.ic .<t':ti4iii(.- ofi
the iindt-rin»ntinned cities to-diiv: S iv ihtiIj. bii vinif,
'„ discount, scllinu vox: (/'harle<ton, buvinir,
discount, sellinK
p.ir to 1-16 discount
New Orloani', bank, par: C)mm»rcial,
$1 ,'3(crtl 50 discount; St, I^juis, 3037.^. premium; Chicago,
50c. per $1,000 premium.
>rk at
;
t
2.%
mmttDmyt.
FrlmabaDkera'sterllnK bills on London.
4 84>«
4 »7la
Prlmeoomnierola
4 82^94 83
Dnoanwntanroomnierolal
4 82>««4 62%
rarU bankers (franos).
5 20
S 17H45 101^
A.iBaienUBi (Kullders) iiaakers^
40>«940^l«
40V«40^
Frankfort or Bremen (relohmarka)b'nkan
94'»» 95_|95H»9»i.
'Bf
4a,
4«,
•••••••
1907
1907
.
cur'ey,'98
our'oy,'96
6», our'C7,'97
en, aar'oy,'98
L'blBls
A
*
Jr
A
t«K.\I.
J.
reR.IJ, ti J.
6ii,
6«. oiir'oy,'99
noo noo
^an.*lU>**114>4
^an.*ll4>4-U4>«
rejt.
ooap.
<l«.
'
Hob.
.roc.
I
—
*107>«*107'»
re)?. J.
*112%*112%
re«f.|J.
oiti
•
1
EH
•llStt'llSVi
•118 •118
Ait.au ittoruiui; imara: no
reg-iJ.
cue prion
J.
J.
J.
•109% nOfl^t
•
;
•100 >« •100% '100 <4
114% 115 ^114%
•114% •114% ^114%
•107'« •10"«'107>«
•106% •109% •109%
•112% '112% ^112%
•115% llSi^-llS"*
•118
•118
«. *..« f'%1.
u..
•IIB
.
Oorernment' Parchaaes of SUrer.—The following shows
amount of silver purchased to date in November by the
Government.
the
?
Ou.nee$
Ouneet
The Government reporf on cotton issued on the 10th instant
Pnee pai't.
pure/uued.
offered.
was quite unfavorable as to yield and fortified the producers
Previously reported
2,041,000
1,181,000 «0-8.'520 9 $0-8560
and holders of cotton in their belief that prices are not November 7
875,000 *0-8,53J » |0'8540
1,523,000
875.000
200.0O0|$0-84e0
9.
too high, and except for the depression in Europe the
11
671,000
381,000 «O-b490 • •0-8500
price of raw cotton would probably
be still stronger.
Local porohases.
»
The report on com indicates a crop somewhat above 1,600
2.637,000 <0'8460 » «0a56
•Total in month to date.. 4,810,000
million bushels, which is much below the great crop of 1891.
' Tbe local purubiMos of eaoa veek are not reported till Moudav o'
The railroads, however, will be carrying old corn during the the foUovinK week.
—
rest of this year.
those railroads having any connections with
be looking more to the Columbian Exposition
traffic for
extra business than to anything else.
The
railroads will be obliged to shoulder Urge expenses for
rolling stock, terminals &c., and the managers seem to be
showing a wise disposition, so far as we are informed, not to
reduce their fares too low. The public will look for a reason,
able concession on through rates, owing to the very large
traffic that will be assured, but any popular clamor for railroad fares that are absurdly low will have to be disregarded.
The effort in some quarters to get the railroads to carry passengers at rates which cannot possibly pay them is only another
form of that cheap but common generosity which offers to
give a« ay the money of other people.
The open market rates for call loans during the week on
•took and bond collaterals have ranged from 4 to 6 per cent,
the average being T)% per cent.
To-day rates on call were
S to 6 per cent.
Commercial paper is quoted at 33^®6
per cent.
The Bank of England weekly statement to-day showed
a decrease in bullion of £53,000, and the percentage of re•erve to liabilities was 43'8j. against 4'2-2.3 last week the discount rate remains unchanged at 3 per cent. The Bank of
France shows an increase of 1,750.000 francs in gold and
a decrease of 3,335,000 francs in silver.
In 1893
Chicago
all
will
;
The New York Clearing-House banks in their statement of
Nov. 5 showed a decrease in the reserve held of $1,517,300
a ad a surplus over the required reserve of $3,678,535, against
13,893,675 the previous week.
Coins. The following are the current quotations in g'>ld fo r
various coins:
Sovereigns
84%S — 83>s
S4 83 a94 88 nnesllver bars..
—90 » — 95
Naooleons
3 85 « 3 90 Flvefiajos
X X Keiohmarks. 4 70 9 4 80 .Mexican dollars.. - 66>sS — 67is
Do uaoommoro'l— — » — —
4 75 « 4 85
25 Pesetas
—61 » — 62
Bpian. Doubloons. 15 55 »15 70 iPeruvlan sols
70 [BngUsU silver
4 8u 9 4 90
Me Doubloons. 15 55 315
ex.
par 9% preoi.l U.S. trade dollars -70 • — —
Flneitold bars...
I
—
State and Railroad Bonds. Sales of State bonds have been
very small, and include only $4,500 La. consols at 94 and $1,000
Tenn. settlt. 3s at 76>^.
Railroad bonds have been quiet, as a rule, with special
activity in a few Usues only until to-day, when the market
showed more animation. The Green Bay Win. & St. P.
income trust rec'pts. were purchased freely at rising i)rices
and close at 383^ on the general prospects of the company
under the Toledo Ann Arbor alliance. Mo. Kansas & Texas
incomes have been active and higher, presumably on tbe
earnings and the interest prospects. Atlantic & Pacific incomes have shown more life, with purchases up to 18,
Chicago & E. III. general Ss sold up to 100 to-day Atchison
first Is sell at 84V^, but the new seconds were very little
dealt in until to-day, when they sold up to 57^^. The Reading
pref income bonds sold better to-day. and it is supposed to be
an accepted fact now that all the three issues will pay 5 per
cent in February next. The Northern Pacific consol. 58 are
considered low around 73J^, but the consol, 53 of Iron Mountain, guaranteed by Mi^souti Pacific, are only about ten points
better than this, at 83/3. Richmond Terminal 5s sell more
freely at 49^^-50, and the next move in Terminal matters is
;
.
awaited.
Railroad and Miscellaneons Stocks.— There has hardlybeen a flurry in the stock market produced by the general
elections and the decisive victory for the "Outs." At first there
was the usual dulness following such an event, but to-day the
Stock Excliange lists show a better record, and although the
bulk of transactions is slill limited to a few special stocks the
general inclination to deal is better, and prices for railroad
stocks are in most cases stronger. The two Chicago specialties
1892.
1890
Differen'$from
1891.
have still
held
th«
Distilling
F,,
Ghis
and
C.
Kot. 5.
Prtv. week.
Ifow. 8.
yov.7.
week,
place
throughout
the
and
prominent
most
in the absence of any new facts about them it may be
Capital
60,422.700'
60,812,700 assumed that the fluctuations arise
59, 372,700
mainly from tbe
SorpluB
6t<.233.500
64 ,931.000 62,331,600
information.
those who have
inside
of
Loans and diso't« 449,010,100 Deo.
93 700 411, 190,200 39S,X5,=),700 transactions
Ohio sprang into activity to-day, rising
Slronlatlon
5,«5:',400 Inc.
17 100
3,490,100 Baltimore
5, 590,000
Ret deposit*
455.841, .500 l)cc.l,20'', fiOO 416. 8^6,200 392.-,i.".3,400 U^ points, to 97%, and closing at 97.
Rio Grande pref. was
Specie
73,670,000 Inc. Sly, 100 81 953,000 74.4'5G,600 aLso a feature, rising to 54^^, probably on the good situation
L»<al tenders
42,»ti8,900 Deo.2,33ti, 4001 29, 2a8.7t'0 21,03<!,500
and hopeful prospects commeuted on by Chairman Coppell.
Beserve held
116,638,900 Dec. 1,5 17, 300111, 1!<1,700 93.519,100
Toledo Ann Arbor & N. M. continues strong on the exuectLeical reeerve.... 113.060,375 Deo. 302, 1.5U 104, 206,550 9M,0U3,33O
New England
ed benefits of the Green Bay connection.
B.rplna reserve
2,678,525 Dec.1,215,150
6,985,150 df.2,544,a50 has been quiet, and the next move in this great speculative
Foreign Exchange.— Sterling has been very dull since the is looked for with interest. Will Mr. Parson* retire from
the presidency in favor of Mr. MoLeoil? This is the question
election holiday and, with a tendency toward easier rates for
of the moment. Tobacco and Lead have been fairly steady
money in London, long sterling has been relatively firmer than on moderate dealings, though Tobacco fell off at the close to
demand bills. The shipments of cotton are somewhat re- 123. Sugar was quite weak to-day, selling freely from HO
stricted and bills from this source are limited in amount. down to 106?^, which was the closing price; possibly tlie tariff
outlook may have something to do with tliis, although the
Actual rates of exchange are : Bankers sixty-days' sterling,
actual situation of tbe company is always the uuknowa
4 831^(3 4 833^; demand i B6'i(9i 86'4 cables, 4 86J^d4 86;'^.. iiuuntity.
&
I
I
&
;
H
.
THE CHRONICLE.
796
NEW YORK STOCK EXCHANGE—^CTTTJS STOCKS
[Vol. LV.
NOVEMBER
for week ending
11, and since JAN. 1, 1893.
HIGHEST AJID LOWEST PBIOES.
Monday,
Batorday,
Nov.
39
Nov.
5.
393e
94 H
87
•94
*86
4%
941s
87
58
100
100
100
80%
80St-
119
84
523p
120
6414
64%
581s
1281s
231s
63
43
148
....
143
831s 83T9
5238 5238
11918 11958
6414 641s
34
lOia
143
133
103
11
14315
•31
•lOis
82's
831s
83
51
52
51'e
•1181s 1191s
63% 64
38
78
131
78
134
104
2514
•103
69^8
261s
*20
69%
26%
22
•35
251a
52
-4%
51s
•32
•IOI3
34
111*
15% 15%
45I4
61% 62
*34
16
451s
n4'8
241$ •24%
37
85% 85%
6218
•34
19% 19%
•72
lOis
391s
•18
5058
•22
36I4
731$
lOH
391s
181s
5
•72
lOis
40I4
51
im
11
•20
108
161s
•45
•14%
261s
22
161$
46
I514
2434
16>s
72
O
•31
263a
161s
72
36i<
2678
62% 62%
44%
43 14
161s
88ie
•2112
lOis
351s
n
2614
•20
26%
16^8
4538
15
4538
1514
72
2,400
133% 133=8 Delaware & Hudson
152'8 184 DelawareLackawanna&West
17=8 18
Denver & Rio Qrande
"4%
"32
10%
51,
34%
63
4o78
'238
27%
63%
44%
244
72% 74
•IOI9
11
«10% 11
I8I4
801s
•22=8
I8I4
5ll6
•18
5078
23
•36
40% 40% 40
57^ 53
36% 37%
•74
•22 Is
•21
•60
•37
8%
'38
78
25
16%
221s
611s
39'8
8%
41
Do
pref.
East Tennessee Va,
Do
Do
III4
140
& Ga
26% 26'»
21% 24
5,374
Do
pref.
Louisville* Nashville
New Alb. & Chicago..
l^OHlsville
74
40%
18%
61=).
23
37
74
25
•23
183g
51%
18% Northern Paoiflo
Do
pref.
Ohio A Mississippi
36%
Ohio Southern
74% 74% Oregon K'y A Navigation Co.
24
37
23
•2i
22
22
61%
61
37
9%
41
Nashv.Chattanooga&St.Loule
New York Central* Hudson.
New York Ohio. & St. Louis..
5l=b
•23
3678
9
"38
60
Missouri Paoiflo
Mobile AOhlo
80
Do
Istpref.
36%
Do
2d pref
26% 27", New York Lake Erie * West'n
63% 63%
Do
pref.
44
45% New York A New England ...
240 240 New York New Hav. A Hart
19=8 20% New York Ontario A Western
19% 19=i. New York Susquehan. A West.
72
73%
Do
pref.
*io% II Norfolk A West em
*40'4 40%
Do
pref.
17% 18
58%
22% 22%
16% 18
57% 58%
pref.
15% Missouri Kansas 4 Texas
25% 2614
Do
pref.
84
57
37
9
•38
Oregon 8h. LinaAUtah North
Peoria Deca'ur & Evansvllle.
Philadelphia A Keading
Pittsburg Clnn. Chlo.
Do
613,.
Pitts.
A St. L
pref.
A West.,
9% Richmond A
42
Do
pref. tr. certs.
West Point Ter'l
pref.
Rio Grande Western
•llOis 112
•713
8
•14% 15
•43 <s
•'105
1121s
36I4
10%
31%
•44
•75
40
•17%
•Ills
26=8
2318
641s
•15 Is
461s
851s
llOis 112
"71s
441s
441s •44
107 *105 107
112 112
114
36I4 36I4
36I4
•POis 11
11
3208 3338
331s
•44
50
50
•75
78
78
4014
40=8
403s
181s "17% I8I2
Ills IIH
11=8
26=8
26% 27
23 18
23
2314
64%; 6478 6478
•16
17
17
46%
85%
461s
»7
98%
4014
4OI4
65=8
115
124
66%
I34ii 135
1151*
4714 475f
1214
•20
SI
97=8
39
122
iim
lOSif
99%
40^
123
65% 66^
11538 114^8 115i«
114
96
47I4
85% 86
llOisllO^e 110
1021s 1021s 103
123
8
14% 11%
96
I214
24
1341s
1151*
47
95
134%
115%
47%
9614
12^ 12%
•20
31
24
31
511% 82
198 200
110% 112%
•714
8
•14% 15
43% 44%
106
106
112% 112%
36
36%
Do
pref.
110% 110=4 111% Ills Rome Watertown AOgdensb.
•738
7% 8 St. Louis Southwestern
8
15%
15
15% 15
Do
pref.
45 St. Paul A Duluth
43% 43% 43
•105
105 107
107
Do
pref.
112 112 112 114 St. Paul Minn. A Manitoba...
36% Southern Paoiflo Co
36% 36% 36
10% 11 •10% 11 Texas APacitlc
34% 36%
34% 38
43 49 43 49 Toledo Ann Arbor A N. Mich.
60
Toledo A Ohio Central
77% 75
77%
77% •75
Do
pref
39% 40% 40
40% 40% 41 Union Paoiflo
•17% 18
17% 17% 17% 18% Union Paoiflo Denver A Gulf
•11%
11=8
1178
11
33
»44
•75
11
34%
12
12
11=6
26% 27%
22% 22%
64=8
64=8
64=8
27%
Do
22% 23% Wheeling A Lake
63% 64%
Do
17
17
17
64=8
45
46% 46
46=9
84% 85% 80
86%
108% 110% 108% 110%
102 103% 102% 102%
97% 9878 98% 99%
39
40% 38% 39%
122% 122% 121% 121%
63% 66
6478 66%
113% 115% 11378 11478
133=8 134% 133% 134%
11478 115
45% 47%
94% 95%
12% 12%
•20
24
113
115
46% 4678
95% 96
12% 12%
•20
31
23
2678
113 115
45% 47
95%
12%
31%
•21
24
316
16,370
4,310
900
1,320
600
1,413
1,000
1 ,600
1 50
6,925
3,609
2,
tio
pref
National Lead Co
Co
Oregon Improvement Co
,
9%
51%
20
Jan. 7
Jan. 11
Feb. 29
9
Sept.
100 84 Oct. 17 91 June 21
3,316 107% Sept. 15 119% Mar. S
422 15% July 7 22% Jan. S
5 72
May 19 81% Jan. 4
32% Sept. 10 45 Jan, 4
22,380 24=8 Seirt. 14 34% Jan. 3
1,820 61 Sept. 12 77% Mar. 5
38,605 3078 Aug. 24 59 Mar. 3
100 224 Jan. 15 252 June 8
23,945 17% Sept. 15 23% Feb. 11
4,890 10%Jau
20% Nov. 2
1,550 41% Jan. 2 74 Nov. 10
235
9 Sept. 23 18 Jan. 4
810 37% Sept. 29 56 Jan. 4
800 17% Sept. 19 26% Jan. 2
48,186 47% Sept. 21 72% Jan. 3
100 19 Sept. 28 24 Jan. 5
1,122 19 Jau. 12 38 Nov. 7
225 70 July 13 91% Jan. 28
40 21% Sept. 15 33% Jan. 4
3,975 15 Oct. 26 227eJan. 4
118,400 38 Jan. 19 65 Feb. 11
136 19% Sept. 15 30=8 Jan. 5
400 57% Sept
67% Jan. 5
35 Oct. 25 45% Apr. 29
13,834
6% June 27 17% Feb. 13
100 37 Aug. 27 79 Feb. 16
35% Sept. 12 41 Jan. 5
68 Feb. 26 74 Mar. 11
522 110 Jan. 19 113% June 30
6% July 14 11% Jan. 8
1,371 14 July 14 22% Jan. 3
446 39% July 6 4878 Jan. 7
100 103 Jau. 19 108 Oct. 7
235 112 Feb. 25 116% Jan. 4
1,640 34% Sejit. 13 41% Jan. 6
500
7 July 1 14% Jan. 4
21,439 23 Apr. 1 38 Nov..10
45 Oct. 6 52% Feb. 18
75 Oct, 13 88 Feb. 11
17,418 36%Sei)t. 15 60% Jan. 4
1,735 1578 July 11 25 Jan.
i
I
I
pref.
.....
30% 31
S2
31% 32% PaeiHcMail
.52% 52%
5178 51 'e
81% 52 Pipe Line Certificates^
,.
198m98i«
199% 199% 199% 199%
Pullman Palace Car Co
•85 14 85%
8&is 8314
84% 84=8 •84=8 847e 84% 85% Silver Bullion Certifloates....
38I4 38I4
37
381s
37
37% 36
38
37
37% Tennessee Coal A Iron
^00 105 100 105
100 105
100 105 •100
105
Do
pref.
98% 98% 9818 gS'e
9S
99% 99% 99% 98% 99% Western Union Telegraph
prices bid »u4 asked; n »ale made, fepiioes Icora. botu E toUaages.
^" IkeM M6 tlte
x Ei dlvidaad.
*81
1,010
1,700
,
Do
957s
12=8 North American
12=s
Aug. 15
May 13
80% June 3
8 149% Apr. 7
19 167% Feb. 29
22 19% Jan. 3
54% .Nov. 11
6
Jan. 22 144 Aug. 11
95% Sept. 16 110 Jan. 5
978 July 19 15% Jan. 4
35 Sept. 16 56% Feb. 13
20% Jan. 19 27% Apr. 18
69% Jan. 5 80 Apr. 18
120 Jan. 19 140% Mar. 5
95 Jan. 18 112 June 17
64% Sept. 23 84% Jan. 2
20% Sept. 1 31 Jan. 7
14% Jan. 6 24 Mar. 18
104 Jan. 2 139 Aug. 19
103% Sept. 15 117 Mar. 5
8
IJeb. 25 21% Aug. 10
18 Mar. 8 48% Aug. 10
14 June 6 20% Jan. 13
24 June 6 33% Jan. 13
54% June 7 65% Jan. 4
33 Nov. 10 42% Jan. 3
13,535 32% Jan.
5.907 63% Jan.
129,497 78% Jan.
2,805 90 Jau.
pref.
reo'ts. 149,210 71% Jan.
Colorado Coal A Iron.,
5,850 28% May
Consolidated Gas Co
938 102 Jan.
Dlstllliiig & Cattle Feed'g Co 168,719 44% Mar.
General Electric Co
13.447 104% July
National Cordage Co
8,250 91% Mar.
106% 110 Am. Sugar Eef.Co
102 102%
Do
97% 99% CWoago Gas Co., trust
114% 115=8
134% 134%
Sept.
Jan,
40
7
Aug. 5
June 3
Jan. 7
510 10
pref.
m«ceIIaneous Stocks.'
45% 46% American Cotton Oil Co
85% 8678
Do
pref.
39% 397e
121%121%
647e 66%
94% Jan.
5
133% Jan.
15
45
4
147% May 27
4,961
2,545
pref.
Erie
17=8 Wisconsin Central Co
12
June 8 15% Jan
22% June 8 33% Jan
22% Nov. 9 40% Jan.
892 63 Oct. 29 80% Jan.
400 15% Sept. 15 21% Jan.
Wabash
26% 26=8
22% 22 =h
•15% 17
550
340
750
.
Do
H
810 119
Lake Shore & Mich. Southern.
Long Island
15
277e Oct.
8
26 94% Jan. la
15 64% Mar. 5
19 145 Feb. 29
2 35
Jan. 4
16 28 Jan. 14
9 64% Jan. 16
9 44% Jan. 21
4 154
July 28
15 110=8 Jan. 28
8 70 Jan. 2
28 104 Feb.
2 84=9 Aug. 1
19 12878 Mar. 5
16 12179 Mar. 5
June 23
30% June 21
7=8 June 22
pref.
Loulsv.
59%
4
46=8 Jan.
578 Jan.
101% Mar. 1»
3,72( xll9%Jan.lft 151
Do
45% 45
8,967
2,220
15,658
21
21
8
Jan. 19 54=9
Jan. 20 123%
Sept. 16 78
Jan. i5 99%
200 66 Jan.
990 12278 Jan.
2d pref
Lake Erie & Western
44
100 95
Istpref
*i5
20%
61ifl
5,280
72
80
37
20i|
23=8
& St. L.
. .
53% 53%
Highest
75% June
460 108%
Do
pref.
29% 29% Columbus Hooking Val.&Tol.
'72
74
De
pref.
61% 621,
34% 34 "i
91%
111% 112
16% 16% 10% 16%
•31
267a
17,099
4,730
pref.
St. Louia & Texas
133% 133% Manhattan Elevated, consol..
109% 109% 110 Michigan Central
17
17% Minneapolis * St. Louis
16
22
71%
721*
ChloagoRocklsland&Paoifle.
Chicago St. Paul Minn. & Om.
I33I4
731s
lOis
38
9
40
62% 52%
Evansvllle & Terre Haute
131% Great Northern, pref
103% lUinols Central
11% 11% Iowa Central
19
68i»
221s
40
Ills
1978
I6I4
9
*101s
19 >s
17
9
41
35
20ie
I6I4
58i«
•21
611s
37
•32
19
•74
*23
62
38
171s
531s
51s
19=8
Hi
17
5838
221s
•4%
75
134
153
19%
74
25
74
*23
17ie
5214
133
1091s 109
24
38
78
25
36%
133
153
29%
24=8 25%
241s
6II4 61=9
6138 62%
'34
33
34%
36
•84
•84
90
91%
110=8 11138 lll=8lll8
36
41
& Alton
120 '118»B 118=8
Do
6278 63% Cleve. Ctnoin. Chic.
6438
140
•Z2i«
361s
24
291s
•71
132% 133
621^
I8I4
511s
1814
35
38
25
2618
uimim,
19!>e
Chicago
36
36
36
25% 25%
25
25
77% 78%
78I4 78I4
78
78
1331s 1331s 134 1341* 133% 134
103% 103% iUSis 104
103 104
69
69% 69% 70% 70% 707i
45^8
1538
231*
11038 1103c
*16
*16is 17
17
>72
*72
80
80
•35
*34is 37
37
2714
26»8 26=9
27
6314 63^ •6214 6314
44^8 4538
4518 4538
*238 245
'23a
244
2OI4 205*.
2014 20=8
51s
25
35
2518
133
110
16
15
1714
521s
•lOis
38
7i-i4
78
110
'4514
*14i2
241s
119
64
83^8
521s
140
140 142
133
1331s 1331s 133 133
103
103 10314 10338 103%
140
134i« I3414
1031s 103%
6938 7014
261s 26%
•20
22
132% 132% 133
•61
•35
9
•37
16%
134% 134%
103% 1033s 103%
Ills •10% Hi»
*35
*25
75
133
I5214 15234
135
*10ia
2914
133
142
141
Canada Southern
Central of New
29% 29% Central Paclflo Jersey
2314 24% Chesapeake &0., vot.tr. cert.
*60
....
Do
do
l8t pret
•40
Do
do
2dpref
144
148
147
97
•4%
8S14 Canadian Paoillo
58
-126% 127
'
•71
*32
•40
'143
57=8
18,144 32% May
1,120
4 Apr.
9,318 92% Oct.
2,417 86 Oct.
1,200 54% Sept.
1,615 111% Jan.
165 28 Sept.
16,731 21% Sept.
59 Jan.
38% Jan.
139 Feb.
16,915 95 Sept.
100 60 Aug.
103% 103 14 103% 10333 103^8 Chicago Burlington A Qulncy.
63 Chicago & Eastern Illtnois. ...
*62is 631s *62is 631s "62
•99% 100
IOOI2
100
Do
preX.
500 96% Sept.
8078 81% ChloagoMUwankee&St.Paul.
8OI4 8II4
79'8 807g
99,390 75=8 Apr.
1231s I2414 124 1241* 124% 124%
Do
prel.
2,607 120% Jan.
1151s 11618 116 1161s 116% 116% Chicago & Northwestern
7,210 111% Sept.
14178 142
142 142
140 143
Do
425 141% Jan.
pref.
8278 84
*73
73
74
*133 134
134
*153ia 154% 1&2%153S8
16% 171* 17 17
52
51% 62
521s
514
88
4\ Atlantic & PaolHo
9738 Baltimore* Ohio
1021s
29
•4%
90=8
148
•40
142
10378
631s
100
97
29
73
134
95
87=8 88
8738
58
57% 677e 58
127 I28I4 1261s 1271s
29
29
•281s 291s
22'8 2314
22=8 2338
•60
•60 ....
29%
29% 29%
393e
951s
87
80% 8116
12438 124%
11618 II6I4
143
83i«
6238
941s
Stocks.
39% 39% Atchison Top. & Santa Fe
95
47e
Lowest.
Shares.
RR.
3914
38 '8 39i«
478
941$
of sales In 1893.
Week,
Nov. 11.
Active
391s
Range
Bales
of the
STOCKS.
Friday,
Thursday,
Nov. 10.
Wednesday,
Nov. 9.
87
S914
5814 5814
*127i4 128 Hi 1281s
*29
29 >« "281s
22>« 22 7g 22''8
•60 Is
6OI4
*41 ....
-401s
*143 148
144
103»8 104ie 1031s
6213 Hi^ *S2is
*123!<4 I24I4
116 lit)
7.
Tuesday,
Nov. 8.
426 100
17,118
8,878
2,320
30=8
81
19 4778 Aug, 18
19 867e Nov. 11
19 115% Aug. 26
19 107% Aug. 19
2: 99% Nov.
7
5
24l 43% Oct.
1.t124%Nov. 3
9 68% Oct. 26
7 11978 Oct. 7
7 135
Oct 5
Jan. 4 123% Aug. 17
Mar 24| 48% Oct. 27
Mar 24 99=8 Aug. 22
ll%Mav
18
19 June 14
29=8 Sept. 16
50 Oct. 17
500 184 Jan. 4
1878 Jan.
29=8 Jan.
40% Jan.
64% Jau.
200% May
120,000 82%Aug. 12( 95% Jan.
1,420 31% July 111 50% Mar.
2,630
32,000
18,632;
92
82
4
4
4
la
11
4
10
Feb. 23 108 Apr. 21
Jan. 19!l00% Aug. 16
—
1
..
KOVEMBEB
IS,
i
Rangt
nid.
-i.uih.
Lnuieit.
111.
vnt
100
88
150
125
3S
88
GO'S 01
Nor
:
(
liurif
iivlllo prof..
I
..100
"SH
x
100
100
100
Ti
100
rn'riTiiMlu
100
Klliil iV I'. loMarnuolto,
100
Vri r.riv,!
•
100
p. tr. roc... 100
- Ceutral
,.
100
100
lUluols <'t'i>tr:u leased llues
100
fioawhaJk Mlohiitau
100
Ktoknkft DesMoiuca
Pr»fcrrod
100
LoiiUv. KviiQsT. Sc St. L. CoQS. 100
ITifi rr.d
100
l.l)iM M,i;\u-,
I'oriDodue
Prcfi'rii'.l
;..
^iiUilli H,i. .siiureiS: Atlautto
20
0>4
30
12
12>ii
27 >«
20
.
30
20>8
G
80
13
80 90
50 100
N itlonal
100
50
Norrl- & lissex
Western
100
K. Y. Lftik.
100 ! 2i\
N. Y. ,V Northoru pref
>
100 ; 59
rn
9
.-.100
& Chicago.. r.lOO 1.^4
100 175
lU.'iisjiclif.r \ :^iinitO|ra
1
1
Do
St Joseph
'
pref.
tr.
No price Friday;
July
Sept.
16>s Sept.
Aux.
3M
Mar.
May
50>8 May
8
26
61
June
l.'i^t
Jan.
179
Au)?.
11
Apr.
59% Apr.
10^4 July
0'«
latest price this week.
t
SECURITIES.
Bid.
1906
1906 106
Class 1?, .'is
1906 95
Class C, Is
1920 97
Cuironey funding 48
7
Arkansas— 1)3, f uud.UoL I99i>-1>)00
do. Non-Bolford 160
7
79. .Arkansas Central KU
1914 105
Louisiana— 7 », cons
to 5
.'.
Missouri— Fund
13a4-l-'95
!
U. S. Exiiress
iWells. Fargo Kxpress
FundiuRact
Now
97%
bonds.
JAJ
KK
Chatham
Nen York
3,000,0
'.'o...
'2,0i0,0
1,0«3,&
1,690,4
?,O0V,U
997,2
2,uO<>,U
2,O09,:i
'2,105,0
8,000,0
1,000,0
1,000,0
750,0
30U,0
600,0
1,000,0
AJneric^a...
RUMllX....
city,
Bxch'ge
.lUonal...
448,0
2,697,3
iOa.i
6,983,1
1«7,4
1,56 ',0
300,1)
400,1)
Trad's
.t
3oa,2
434,7
20
l>n.)V'r.s'
,
1 63,9
665,1
,0
-lanufac'rs
eoo.o
Vailoiial. ..
Viiik.
State uf
:i!)iM)
l,-iO(>,0
Ameiisaa Exch'ge.
5,000,0
5,000,0
1,0 0,0
1,000,0
l.oa:iiot
Seventh
New
Oommerce
Bioadway
Men-anUle
Paotlto
7ti,9
.120,0
2,223,'2
8,519,7
1,661,9
1,016,2
People's
«0i>,0
Korih America
Hanoter
700,0
447,9
876,4
873,6
3J0,8
6S0,v
1,000,0
± Leather
Com Exchange
S0U,0
60O,u
600,0
760,0
600,0
6UO,0
1,000,0
Continental
i,U0l),0
Oriental
Iniuortcrs'
300,0
1,600,0
2,000,0
260,0
8,200,0
2,000,0
3UO,0
750,0
600,0
4'22,T
BepobUc
Chatham
1,500,0
....
460,0
Irving
OiUzeus'
IVassaa
Market
6t
dt Faltoa...
gilohoia.1
Blioe
Park
East Klver
& Trad's
Fonnh
National
Central > ational
Second National
Ninth National
Firiit
atiuiia
.....
Third NationaL
N.Y. Nat iixchange
1,000,0
3U0,0
Bowery
New
York
$
$
2.i0,«
;
11,600,0
11.9.'S2,0
7,270,3
7,785,0
17,211,3
4.621,0
12.052.7
•2,H30,'2
21,418,7
3,778,8
6,.W3,7
3,781,1
1,703,3
68.'»,4
181,2
310,9
466,7
61,.^
3,47-.',7
1-'1,8
17,000,0
18,373,7
6,974,0
8,436,
2,H46,9
11,054.7
5,816,4
1,100,0
1,658,4
340,1
2,071,0
1,7-24.11
l.',104,2
BH5,0
6,455,9
8,760.4
3,37^,0
12,611,6
6,113,8
8,008, <
3,974,1
4,118,<
3.108,2
2.',7(l'2,5
KJ,4
IBi.l
515,5
560,9
276,1
6,001.2
1,475,8
8,012,0
3,176,»
2,878,9
l.lOl'.S
ll',4tl,»
6,453, !<
6'i7.3
7,353,9
XH1,3
469,8
6,123,
4.232,
1,916,
4,«72,.
Slith \
Metrop
'
909,3
681,9
t44,«
2»ll,4
Tli.H
266,9
206,1
347,4
•246,7
807,9
Flr~t
Soui;..--;.
Total
,
5.i»,0
1,763,5
652,9
406,1
446,2
276,7
808,5
129,4
269.4
300,
200,
200,
300,
200,
600,
iiatik of itie
Wc^t Si.l"
.Si.aboir'l
246.2
-2,977,0
2,787,0
7.666,4
4,760,0
2,170,0
22,118.0
25,405,2
1,154,8
19,249,8
8,456,0
6,436,0
2,992,3
14-2,0
2,890,7
3,'261,4
2,-249,0
4,90-2,0
1,816,0
10,683,3
4,818,0
2,280,2
1,079,6
1,653,6
33i>,2
677,b
48i,S
201.1
7,030,5
-
205,7
439,4
81,5
416,0
1,467,.''
1,094,3
loi.H
4,30-2,0
6,620,8
69,9
3,678,7
l,3tO,0
963,0
447,5
3,318,8
688,3
87,2
5IP,0
7 10,0
411,«
2,653,4
1,083,5
1«0,5
315,7
1,548,6
7»»,0
699,8
3«7,3
203,4
449,0
83I).S
375,3
439,0
441.0
323,7
246,6
1,318,0
1,538,3
18.5,2
1,226,
t
629,0
716,0
647,1
1,666,6
t04.2
870,6
110,6
5,664,4
2,735.0
3,224,3
3,i78,4
4,487,5
2,167.3
3,223,0
6,978.1
6,486,0
l,9»-i,l
32,290,0
89,694,0
972.1
19,3 '3,0
8,965,0
6,342 U
3,H7-i,7
99, f
13,607,9
477,»
583,8
505.6
343,4
:
Z6><
I
73
74
37l«
Nor.
29%Oo«.
19% June 2d Nor.
21
Oot
37 Mar.
71>«5ov. 83 Jao.
t
39>> 89'8 27 Jan.
42 Oot.
;
32 Sept 46% Fell.
12
11
10 May
12 Aac
39
37
45% Jan.
37>s Apr.
290
275 PVb. 300% Ans^
114 Feb. 118 Jan.
76
37 Jan.
87% Aos.
81*
3>« Mar.
4% Jun«
I
17
21
16 Mar. 22% Jan.
12 July
15% Mar.
61
55
44 Apr. 63% Oct
11471*
140 Jan. 148 Oct
27'
24
'1
2,76-2,0
6,0flB,3
3,486,0
3,917,1
••
Nov.
*
35,793,7 110,316,0
35,793,7 10S),929,0
35,793,7 108,744,01
22...,
29....
6....
9
«
28,471.0
28,376,0
28,039,0
We onUt
5,876,5
5,571,7
6,611,4
6,636,8
5,658,4
774,il8,«
632,809,1
076,008.0
780.288,1
808,786,8
d-jlphla,
111,454.0 3,562.0
ll0,5'tH,0 3,585,0
109,496,0 3,5 3,0
78,59S,a
86,082,1
89, 61,3
'
tlncludlUK, for Bjsioa and PhlU-
two cWtur$ in aU these fiQuree,
the Item -due to other banks,"
Misccllaneons and Unlisted Bonds.— Stock Ex. prices.
mmda.
!>IlsceUinennH
[^[iHcellaneons Bends.
Aiuer. Water Works -lat 68.
l.-*t con*. 5*. 1;
Pcoplo's
CahabaCoal Min.— Ist k. 78.. 110 b.
Ch, J n.&S. Yds. -C'ol.t g ,58 100 a.
olorado Fnel— Qeu. 6s
Col. A Hock. Co -1 & I.— 6<, g
O'onsol'u C-al— Convert. Os... •10> b.
Cons. Has Co .f;hlc.— l8tKU.5s
90 'la.
Plea.H.
Co
,
Qas AC.)
Chicago
g. 6d.
UnlUie*' Bond,*
Wat.Wks.—Oeu.g.53
Ala. * VIcks.— Consol. Ss, g.
Kdisnn F.loi-. III. Co.— ist us
VIcks. >t Merid isi Os
ibS'ib.
Equitable O. .t K.— IstOs... •102* a. Atlanta .t Charl— ist 7a....
Henderson HiiilKe— latg. 8s. 109 b. Com.itock TBiiuel— iu<-. 4s..
.
Hobokeu Laud ,^ tniii.-g. 58
Mutiui Union Telog,— 6s. g.. ild""b.
National Sisreh Mfg.— Istos. 104 b.
Qtiorgia Pa.'itic— 1st 6s g....
Northwestern T. lograph— 7s. •108
Pi-orls Water Co.-6s,g
100
Income 5s
Mem-ACharieston—Cob. 7
Mora.- "b"indioatesprioe5(i; "a"prioe(uk«I.
BANKS."
America
:I16
273
190
142
culrens'
166
166
13>
Ezoh.. 260
UeiMislt
114
Kast Hirer.. 160
nth Ward...
Com
425
4800
465
.Street.
Fourth.. .....
-201
German Am. 126
OermanBx.. 310
Oermanla.... 380
Greenwich .. 150
lianover
341
Huii. River.. 160
Im.* Trad's"; 600
Irving.
1 80
Uiather Mfs' 230
1
i.Mo hiuilca-
u6'
160
M'cha'
.t Tr,.'
Mwoautlle
.
.
188
180
2-20
Merchants*.. '147
Merch'ta Kx. 130
Metropolitan
6
Metropolis.. 1400
Mt
110
170
nth
810
400
•
AskTl
826
b.
b.
65
9
g.
98
\
Latest price this weak*
BCurrls .'2i^0
Murray
307
-Nassau
Hill. 300
160
BANKS.) Bid.
New yiir«.. 230
IS
340
N.Y.Co'nty 630
400'
358
N.Y.Nat, a.!
ilnth
IPth Ward..
.If. America.
Oriental
Paemc
835
200
260
4-.(0
Llncdn.
?6i" Manhattan.. 190
IMarketAPnl 230
136
HfthATe... iooo'
lifts
200
First
3600
First N.. 8.
BA.S'K87~rBid.
216 >a Gallatin
160
QarHeld
270
llutchs'cSDr. 182
Central
188
Chase
460
Chatham
412
chemical
4400
citv
430
...
11,41-2,3
4,H-i6,0
118
14
luo b.
—Latest prices of bank stocks this week.
nidr~ABk71
312
1,4-0,9
199,1
412,1
87
100 -8:
List.
Am. Exch... 156
Bowery
310
Broadway
105 b.
9j b.
112 b.
2d mort. Income
Consol. 6s, g
b.
b.
b.
1.7
6.1
l)«nv. c.
Bank Stock
105 b.
10) %».
1st g. 8s.
... I *-d
Valley Conl— 1st g
Pr c^er & Gambls— ist g. 6s
Security Cor 1st cnn.-*. g 6s.
Western Union Toleg.-7s..
Wheel.L EAP.Coal Istg.6s
'
Continental
.'160.482.7168.233.6 449,019.1 78,870.0 43,968.9 456.841.6
LfOaU. B*po$Ut.\ CirfVn dearintt.
S
5,090,9
1,87H,3
Boston and Philadelphia Bankg
a
Specit.
867,6
360,3
866,7
286.0
346,0
181,0
8,387,0
6,007,0
1.641,0
Ask.
Bid.
68, consolidated bonds
68, consolidated, 2d series, rects.
68. deferred t'st rec'ts. stamped.
$
Columbia
2S0
Commeree... '201
•2,046,4
6,:*43,2
11.
(oont.)— Brown cousoi.6s.1893
hoant.
8,36'<,6
6,21>7,2
1,04^,4
263,7
f04,l
1,705,7
3,.)34,8
17,37.x,0
198,1
1,364,1
1,053,9
854,0
225.0
37*4
79% May 107% Nor.
17>l4 Apr
37% Nor.
67>«Mar. 74% Not.
Oofc,
18)4 Jan.
170
I'bila.'
2.5-(»,8
21,506,2
6,l»8,4
1,370.3
3,230,0
8,608,0
350,8
339,0
819,-2
3-27,0
26
May
64,612,9 163,5«5,n 10,005,2 5,1174,5 147,' 37,3 4,857,0 96,897,»
64,642,9 16-',69.\« 9,7.'1),H B,y00.7 144, 674,8 ».89l).7 107,151,1
61,64'2,9 103,803,4 10,327,61 6,130.9 14ti, 120,4 4,1.26,1 l24,08S,a
29....
Oct
13,557,0
1,0'23,5
30
107^
Aug. 110
Jan.
Feb.
Ro«loa.*
l,7/*7,6
2,635,0
1,175,7
3,469, <
1,071,0
105,*i
1,874,0
3,160,1
23,H7H,0
4,256,6
4,616,0
561,0
522,3
171),0
707,7
4,414,1
237,1
641,1
6,614,8
307,5
1,628,0
•2i;o,o
500,f
...
Nov. 6
1,810,0
2?0,0
303,1
LUtC'iln
Oartleid
Fifth National
4,476,0
14.504,2
1,161,3
13
148
S
Oct. 22....
477,0
247, -2
United Slates.
Oerinaa Kxchange.
17,75I',6
l,730,.-i
Oennauia
I
!
1,661,1
11,B:<4,0
2,1)30,0
1,1-26,1
200,0
7AO,0
600,0
lOU.U
200,0
200,0
C'ounti'..!
German- AnttTicuu..
Ch:ise Natl.iual
Flfih .Weuue
6,965,9
5.836,0
2,731,5
650,0
2,815,1
43),7
5,03»,4i7,
1,791,3
2,(197,7
13t<,8
10,530,0
614,0
886,8
90
176
Oct. 8 .. 127,709,7 483,-298,1 71,907,0 48,134,6 472, 419,7
" 16.... 12x,e.-.6,2 4i9,.'<25,0 71,782,5145, •02,3 4«8,,183,0
" 22 ... 128,656,-2 43'2,333,9 70,R49,3 46,904,4 460,,-85,1
• 29.... 128,666,-2 449,112,8 72,850,9145,305,3 457, 060,1
Nov. 5
128,666,2 449,019,11 73,670,0,42,U68,9|456,,8>1,6
8J3,0
5,&iO,»
16,833,8
421,3
•
$
1,300,0
61 2,0
647,4
6S'J,3
110
164
as
Surplu*.
N. York.'
1,650,0
2,066,0
947,4
2,3.SB,7
1,231,6
260, 'i
LegaU. DtpoHtt.
City,
Oripital
Banks.
V..W York.
Oct.
It's Ketk
Virginia—6.1, sld
4%
3%
;
115
97
Tennessee 63, old
1892-1898
62
Compromise, 3-4-5-6S
1912 73
New settlement, 6s
1913 103 105
5s
1913 101 10»
3s
1913 75% 73
5
5
100
127
3
South Carolina— 68. non-fund.1888
Specie.
Aug.
July
Not.
12il
SECURITIES.
,8.C.
Special tax. Class I
4
Consolidated 48
1910 98
6s
1919 122
Rhode Island— e.o, cuu.. 1893-1 894 102
BA.VE8.
Loam.
Get.
Jan.
109
NOVEMBER
Ask.
Bid.
1803 100
old
JAJ 30
1900
10
1892 1898
15
Neir York City Bank Statement for the week ending Nov.
as follows. We omit two ciphers (00) in all eases.
Capital Surplus
00
Not.
4!)<«Ju]y
123
88
100% 72 Apr. 100% Not.
80>g Jan.
03<sJuo«
113% 114^ 94i« Jan. 114>eOot.
100
100
100
100
100
Texas Pad Sc Land Trust
8<i
133% 106
Feb.
Feb.
Jan.
tos^s
100
100
50
100
Co pref
Postal TelcKrnpli— Cable U
Quicksilver .Mining
Preferred
5, 1S93, is
(OOs omitted.)
110
7>» July
..100
P. Lorlllard
SECURITIES.
106% North Carollua— 6s,
93% 95
102% .....
Stani pod 4s
143% Apr. 153
4:<
100
100
100
Silver Mining
TRICES.—STATE BONDS
New York— 8s, loan
9
190
9
155
133
87
Actual sales.
Ask.
102
30
120
86
;
123
113
...
Pennsylvania Coal
Apr.
NEW YORK STOCK EXCHANGE
AlBhama— Class A,4
Onurlo
Jan.
Sept.
Jan.
Sept. 155
152
101
100
National Linsi-cd OH Co
National Staroh Mfg. Co
New Central Coal
Jan.
155 AuK.
113>aJuly
l-T
14
155
182
A WUkesbarro Cool V
Maryland Coal
Minnesota Iron
Lelilgh
100 Apr.
112>sApr.
143>« Jan.
107% Apr.
Julr
40 Apr.
Mar. 151 JUM
July
70 Mar.
1
Mar.
4isJaii.
17% Jan. 33 Sept.
8>«Jsn.
26 Feb.
35% May 38 > Feb.
149
100
100
Preferred
I
May
May
20
60
Sept.
XacledeQss
1899.
OiglmL
31
12H
75
11
I
Mar.
4>«
recelpta. .100
receipt*. .100
Orand Island
•&
Juu.
June
35
Vlr^tiila .Midland
Preferred
100
Mar. Citizens' Gas of Brooklyn
100
Jan. .Culorado Fuel pref
lou
liH Nov. jColambas & Hooking Coal
100
8\Oot. iCommeroUI Cable
lOO
00 Jan. Consol. Coal of Maryland
100
14 Jan
Edison Eleo trio Illuminating... 100
S"* Apr.
3
77"* Feb.
100 Fob.
21
dk
XowMf.
ttU)
.fc
<
87
7
51
100
112
I
I
I
2S'« Apr.
Mar.
June
40^ June
9 Jan.
I
tr.
Sept.
10% Apr.
4 May
cfc
Kiohmund Xerm'l
18
9
20
Coal
no
I-
4(\May
87
14
'ran, 1st pref
Western
Kansas City IT...
100
8M%Juno
raiacallaaeoiis Stocks.
05 Oct. Adams Kxpress
100
7 Oot.
T'i Jan.
Amorleaa Bank Note Co H
150 Jan. 156 1* Oot
AmerlOMi express
100
25>g May Aioer. Telenspb A Cable
lOUOot.
100
8 July
imAuK. AniericanTobaoooCo.il
00
14 Au({. 2.'> A UK.
rreforrod
100
Mar.
(I
1 1^ AuK.
I)nin<iwlck (^mpsny
100
35 >« June elite. Juno. Ky. & Stock Yards. 100
14 Feb.
15°8
8
»1
t
Jan.
Jan.
Jan.
80
7
7
4>«
!
33
100 150
100
100
100 20
'i.indtTor. Uauto...l0o
I
JtaiHT* rsolcs; in
Ask.
Bid.
Feb.
130
102
32
May
Jan.
3.^><Mar.
78^ Feb.
36 Jhu.
100
100
100
»0 154
"iiiincrtoUv
Jan.
3t
3U
87
livKtor i& rittJtburg.lOO
Rfili|il9&
Si"
!fov. 11.
Indleatoa unlUtod.
ff
!•
lO:)
"ai"
100
Unatoail
163
Feb.
(\ Indicate* actual taleM.J
tVAOTtVK 8T0CM.
(
JllOhett:
HI
100 leo
Si
100 la?
Air Uiicll.lOO
Y. Air l,luei>ref..IOO
.
(laltt) <n 1MB2.
Klorkn.
Iiiiiiiiit
lie
797
ViiE I'ttlCES (Coatlnned)-/iV^Cr/ViS; 8T00K8.
Nov. 11.
Inactive Stocks.
n ludlcntoa unlisted.
.1
:
.
THE CHRONICLE.
1893.J
NE»V YiUlK STDOK EXOII
I
'
.
Park
People's
....
—
»8»"
158
140
7
187
120
330
325
133
•reduce Kx. 131% 13S
Phonlx
186
RepubUc... 171
Seaboard
173
Second
326
.
lOS
130
116
170
166
280
196
306
286
.
185
aerentii
ShoeA Le'th 163
St. .>lebo as.
ISO
180
165
132
SMteot.-^.Y. 115
107
T IrU.
Tradesm'n's 110
Un'd 8tat». 212
Western
Wast
Side.
120
1250
280
,
F
J
& S. Fe (Botton). 100
"
100
Mlantlo & Pac.
Baltimore & Ohio fBalt.j. 100
"
100
l9t preferred
"
100
2d preferred
•i)eton & Albany ( Boston) 100
"
100
Boston * Lowell
"
100
Boston & Maine
"
100
Osntral of Mas?.
"
100
Preferred
"
100
Cliio.Bnr.&Qain.
39>4
4>4
391s
3878
94
91
204)4 204 If 2041s
I8214
182
175i» 176
176
*17
18
171s
15
*45
46
103i«10t
1035s
80%
801s 80>s
Ohio. Mil. & St. P. rPA«.;.10O
47
Ohio. & W. Mich. (Boston) 100
5I4
•6
"
100
OJeve. & Canton
.
20
.
177
•17
18
....
•45
46
102% 103 14 lOSH) 103%
103%
7978
81
47
•191s
831s
55%
58
W
o
'•
971s
•65
Bid.
631s
60
.
.
UIBCELI..U<£OII8.
Mining
(Boston). 25
Atlantic Mining
Baltimore Traction..
Olty Passenger ER...
"
25
25
25
B»r State Gas
(Boston). 50
Boston Land
"
10
Centennial Mining...
"
10
I?ort Wayne Electric^
"
25
Pfanklin Mining
"
25
Frenehm'n'sBayL'nd
"
5
Huron Mining
"
25
II Inole BteelTi
"
lOO
Kearsarge Mining
"
25
Mot. Trac. Co....
(Phila.) ..
Morris Canal guar. 4. (PhUa.).100
Preterred guar. 10
••
lOO
Osceola Mining
(Boston) 25
Pullman Palace Car..
"
loo
Qoincy Mining
"
25
Tamarack Minine...
"
25
"
Thom.Europ.E.WeldU
100
United Gas Impt.
(Phil.)....
f Unllsu-d.
i
(Bolt.)
(Bait.).
And ao xatA
15
45
141b
437e
981s
14%
44% 44%
98
98
9814
•65
5II4
179
185b
5158
537e
33 ig
33
28%
291,p
401s
401b
23014
7%
7%
714
71s
9%
•9
"2'8is 291,6
6%
6%
•9
'288
914
60
121s
1758
60
41
71s
914
•72
6258
451s
290
74
63
46
Bid.
Hoslon)
"
rec.lT
(
tr.
60
•12
171a
.
100
50
2
60
60
121s
171s
1758
48..1922,F&A
1919,
A&O
Chlc.& W.Mich, gen. 5s, 1921, J&D
Consol. of Vermont, 58.1913, J&J
Current River, 1st, 5s. .1927. A&O
Det. Lans. & Nor'n M. 7b.190'7, J&J
Eastern Ist mort. 6 g., 1906, M&S
2%
Iiree.Eli.&M.V.,lst, 68.1933, A&O
Unstamped 1st, 6s....l933,A&0
K.C.*.&8pring.,lst,5g.,1925,A&0
K,C. F. 8. & M. con. 68, 1928, M&N ,101
K.C. Mem. & Bir., Ist, 58,1927, M&S
K.C. St. Jo. &C. B., 78. .1907, J&J
92%
L. Eock&Ft. 8., let, 78. .1905, J&J
Loui8.,Ev.&8t.L.,l8t,6g.l926,A&0 111%
4
2m., 5— 6 g
1936, A&O
71
1926, A&O ,100
Mar. H. & Out., 6s
105
Exten. 6s
1923, J&D >100
Mexican Central, 4 g... 1911, J&J
66% 67
7468
Ist consol. incomes, 3 g, non-cum.
27% 28%
87% 2d consol. incomes, 38, non-cum.
15
N. Y. & N.Eng,, 1st, 78, 1905, J&J 119
111
Ist mort. 6s
1905, J&J
18
2d mort. 68
1902, F&A
104%
& L. C, Con.68.1920,A&O5
it....
-.1920
1902,
iVi"
Inc. 68
2d, 5s
Ist, 68
M&N
M&N
.
Q—
1
Last prloe thu ireak.
2
3
34 14 Feb. 11
7 Feb. 15
SOH Jan. 4
232 June 17
10% Feb. 18
115% Aug 25
7858 Jan.
901s Jan.
July
Mar.
July
1413 Feb.
481s Jan.
50% Feb.
May
16% Jan.
IO718 Aug. 1»
Jan. 15
4578 May 28
171a Jan. 5
300 Aug. 15
73 Aug. 23
63i« Nov. 7
471s July 14
1197e Oct. 7
120 Aug. 10
21 May 12
55 !« Feb. 12
62 0«t. 3
18% Jan. a
201s May 10
210
Bid.
Bonds.
Pa. &N. Y. Canal, 78. ..1906, J&D
Consol. 58
1939, A&O
Perkiomen, 1st ser., 58.1918, Q—
PBila.& Erie gen. M. 5g.,1920, A&O
Gen. mort., 4 g
1920, A&O
Phila & Read, new 4 g., 1958, J&J
Ist pref. income, 5 g, 1958, Feb 1
2d pref. income, 5 g, 1958, Feb. 1
3d pref. income, 5 g, 1958. Feb. 1
2d, 7s
1893, A&O
1911, J&D
Conaol. mort. 78
Consol. mort. 6 g
1911, J&D
ImprovementM.6 g., 1897, A&O
Warren
128
110
104
113
Ask
115
1W0%
86%
"77" 77%
70
63%
102%
131
"ii"
131%
& Frank., l8t,7s,1896,F&A 106%
Bonds.— Baltimore.
Atlanta &Charl., Ist 78, 1907, J&J 117%
Income 68
1900, A&O
Baltimore & Ohio 4g., 1935, A&O
Pitts. & Conn., 5 g...l925, F&A
Staten Island, 2d, 5 g.l926, J&J
Bal.&Ohio 8. W.,lst,4%g.l990, J&J 107%
93% 95
CapeF.&Yad.,8er.A.,6g.l9l6, J&D
Series B., 6g
1916, J&D
1916. J&D
Series C, 6 g
1930, M&S
Cent. Ohio, 4% g
Chart. Col.&Aug. 1st 7s. 1895, J&J
6s
93%
95
1027g
ios"
5 g..l929, J&J 10i)% 101%
114 115
1900, J&J
.....1904,
102
J&J 118
119
1926,J&J 110%
A&O
Piedm.&Cum., 1st, 5g. 1911, F&A
Pitts. & Counells. 1st 78. 1898, J&J 114% 115
Virginia Mid., Ist 68... 1906, M&S 113 115
1911 M&S HI 111%
2d Series, 6s
106
1916, M&S 105
3d Series, 6s
1921, M&S
4th Series, 3-4-53
99%
1926, M&S
5th Series, 58
4%s
1-00 Allegheny Val.",7S lOs.TS'SB, J&J
Atlantic City Ist 5s, g., 1919,M&N
28
29
Belvidere Del., Ist, 6s. .1002, J&D
85
Catawissa, M., 7s
80
1900, F&A
31a, 317e Clearfletd & Jeff., 1st, 68.1927, J&J
5
Connecting. 68
1900-04', M&S
7I4
8% Del. & B'd Br'k, 1st, 7s. 1905, F&A
1258 12% E<vston&Am. lstM.,5s. 1920,
13%
Elmir. & Wilm., 1st, 68.1910, J&J4% 5% Hunt. & Br'd Top, Con. 58 '95, A&O
Lehigh Nav. 4%s
1914,
2d 6s, gold
1897, J&D
12
12% General mort. 4%s, g.l924,Q—
139 140
Lehigh VaUey, Ist 6s. .. 1898, J&D
80
2d 78
1910, M&S
202% Consol. 6
1923, J&D
35
35 >s North Penn. Ist, 78
1896, MjJjN
198 200
Gen. M. 78
1903, J&J
137 138
Pennsylvania gen. 68, r..l910, Var
155 160
Consol. 68,
1905, Var
10
Consol. 5e,r
1919, Var
62%
CoUat. Tr. 4% g
1913, JAD
57% Jan.
40% Mar.
Nov.
37 117
Series A, 5s
10%
53
Feb.
6OI4 Jan.
5,992 43 Jan.
177 431s Jan.
3,372 1041a July
Ga.Car. & Nor. 1st
North. Cent. 6s
1898, F&A
PhyadeHh
Oct. 17
ig^t Oct. 27
18 Oct, 27
1105h Jan. 28
75% Apr.
811s Aug. 1
46 Oct. 15 55 Mar. 31
514 July
Feb. 13
8
17 Sept,
23 Jan. 4
80 Sept.
92 May 13
17 Sept.
2819 Mar. 25
68 Nov.
87 Apr. 6
Jan.
40% Nov. 2
251s
66 Sept. 28
461s Jan.
5014 Jan.
6219 Feb. 11
I37I9 May 17
112 Mar.
14 Sept.
24% Jan. 4
58I4 Mar. 3
31 Aug.
75 May
1141s Jan. 8
63 July
69% Mar. 16
171s Sept.
261s Jan. 5
7218 Jan. %
471s Sept.
187 May 11
1641s Jan.
Phil. P.ead.
86
Ogden.
185%
106
Con.M.,5 g..8tamped,1922,M&N 104% i05%
1942
78% 79
& N. E. 4e
1952
Incomes, series A
38
38%
103%
1952
Incomes, series B
122% Phil. Wilm. & Bait., 48.1917, A&O 101
Pitts. C. & St. L., 78
1900, F&A 116
"ib"
Po'keepsie Bridge, 6 g.l936, F&A
76
Schuyl.R.E.8ide,l8t5 g.l935, J&D
101% Steuben.&Ind.,l8tm.,58. 1914, J&J 106
UnitedN. J.,6g
1894, A&O 102
96
94
24
17% Rutland,
June 15
1514 Sept.
33 Jan.
95% Sept.
Sept.
910
5
Feb. 16
Mar, 9
1831s June 30
266 192
1,930 30
200
7
1
253
5
1.167
9
4
135
123
209
31 Sept.
60,330 193ip Jan.
5
Mar.
3,922 361s Sept.
33 x223%Mar
150
714 Nov.
16,036
1,179
Jan.
579 Jan,
100% Mar. 15
200
Ask.
92% 93
95%
95
46%
12
37% 38
i
35
4,555
1778
Bonds— Boston. „„ ,^^
At.Top.&S.F.100-yT.ig.,1989, J&J \ 82% 82%
58%
100-year income 5 g., 1989.8ept.
Burl. & Mo. River Exempt 68, J&J
1918, J&J ?i06%
Non-exempt 68
1910, J&J
Plain 48
104%
Chic. Burl. & Nor. Ist 5,1926, A&O ;io4
1918, J&D 103% 104
2d mort. 68
101
1896, J&D ,100
Debenture 68
Iowa Division 48
445
11,816
179
53%
5378
1.415
7,210
1,084
67
18%
53%
1,267
12
1,773
127
14is
141s
44%
97%
Inactive stocks.
•90
intareat.
55% 55%
87% 58
58
127
•6514
•1814 "iSSg
51i«
51
511s
'178
1218
1758
Chic. Burl.& Quincy
.
,
58
'
Westing. El.
88%
391s
55%
57%
50
50
330
100
63
"83%
451s 431a
457e
1135b 11514 114 1141s 115 115%
118 118
'1171s II8I4 11778 118i«
I6i« leig •16
17
171s •16
53% 53% 5314 53% 531b 63%
Ask.
8
391s
7,375
8,700
10
20
70
3878
290 288 290
*72is 74
•721a 74
62is 63
63
631s
11818 11818
•16
171s
X5314 53%
.
20
70
9ifl
Water Power
Atlanta & Charlotte {,Balt.).100
80
Boston <& Providence (Boston). 100 251
Oamden & Atantic pf (Phila.). 50 25
"
C»tawl89a
50
7
"
1st preferred
50 571s
"
Sd preferred
50
Osntral Ohio
(Bait.). 60
"
BUarl. Col. & Augusta
100
Connecticut & Pass. (Boston). 100
"
Oonnecticut River...
100 225
Delaware &Bound Br.(PAiia.).100
"
Har.Ports.Mt.JoT&L.
50 "82"
KAn. Cy Ft. 8. & Mem. (Boston) 100
"
BPreferred
100
"
K. City Mem. &Birm.
100
5
Little Schuylkill
(Phila.). 50
73
Manchester & Law.. (Boston). 100
Maryland Central....
(Bait.) 50
Mine HIU & 8. Haven (Phila.). 50 73
BTeequehoningVal
"
50 54
BTorthern N. H
(Sos(on). 100
Worth Pennsylvania. (Phila.). 50
Oregon Shon Line. ..rioeton;. 100
23%
IPennsylvania&N. W. (Phila.) 50
Eutland
(Boston).100
3
Preferred
100 70
Seaboard & Roanoke. (Bait.) 100
'•
1 St preferred
100
WestEsd
(Boston). 50
74%
"
Preferred
50 8714
West Jersey
(PhUa.). 50
60%
"
West Jersey & Atlan.
50 20
Western Maryland..
(Bait.). 50
14
"
Wilm. Col. & Augusta
100
"
Wllmingt'n&Weldon
100
Wisconsin Central . . (Boston) 100
17
Preferred
"
100
Woro'Bt.Nash.&Roch.
"
100
70
288
46
50
'.'.'.".'
10818 IIOI4 109 110% 107 110
102 1« IO212 10218 10218 102 102%
2O8I4 2081s 208 2081s
2071s 208
32i« 321s
3214 3214
31»8 321s
115
Prices of Nov. 11.
70
*39
•3II4
*17is 17% •171a 18
WestEndLand.. (Bost'n)
* Bid and asked prices; no sale was made.
Inactive Stocks.
831s
•714
914
115
S3is
"*5"
•6
6%
397e 40I4 "397a
230>4 23OI4 '23014
268
74
x46
60
8378
54
33
2858 29
2071s 208
32I3 321s
*73
6278
20
53
33
61s
8156
•191s
83i<
50=8
3
7%
*9
8118
18% 18%
401s 401s
23014 23014
288
103 14 10376
8118
1,297 159
18
47
....
4338
181s
51i«
51
1781s 17818
54
5414
*32is
29iig 291s
*7
4
84
130
116
69 199
173
.....
-17
•45
...
I4I3
45
98
*18i4
61s
Jan.
Jan.
Jan.
Jan.
Jan.
Jan.
•461s
57i«
....
98
*65
80%
8076
-37
57%
Mar.
10
98
70
40
514
514
20
55
44''8
132
120
330
Highest.
32% May
478
473
-961s
•17
•45
171s
46
68
*15
4%
95
20,592
20478 aoi'e 2041s 205
'18258.—
•182% 185
174'e I7514 175 1751* 1751s 176
....
110% 110% IIOI4 111
1031* 103%
102 1« 1021s
100 207% 208
"
25 3214 321s
*83»
"
914
Bntte& Boston..
25
Oalumet & Hecla
"
25 288 2S8
74
Oanton Co
(Batt.).lOO
'62
"
OonsolldatedGas
100
'4 6258
rle Telephone (Boston). 100 '45% 46
General Electric. "
100 115 115>4
"
Preferred
100 1171s 1181s
"
Iiamson Store Ser.
50 *16
17%
Lehl'hCoalANav 'Phil.j 50 *54
51»8
B.Eng. Telephone ri-isfji^lOO *60
61
Worth American. (Phil.).lOO
"
Preferred
Bell Telephone ..
Boat. & Montana
4%
•94
Lowest.
39%
2041s 204 >s
2041$
40
.
iniBcellaneoaa Stocks.
Am. Bug'rRefln. H (Boston)
4-
Week,
Shares.
39
'1321s
83% 83%
68
39i«
3918
1321s
121 121
.
100 *19ia
84
100 84
"
100
n. <fe Pere Marq.
70
"
100
Preferred
40
Hunt. & Br. Top. fPhila ). 50 *39
"
56
50
Preferred
"
5778 58
50
Lehigh Valley
Maine Central rBo«(o>i;.100
"
1514
15
100
Mexican Central
"
100 4514 4514
ir Y. & N. Eng.
"
100 98>a 99
Preferred....
Northern CentraUBalt.;. 50
Northern Pacitto CPAita.; .100 ngifl "igss
"
Preferred
100 506e SCs
ITS'*
(Boston).lOO
Old Colony
54»8 54I4
Pennsylvania.. (Phila,). 60
"
PhUadel. & Erie.
50
"
50 29I16 293i6
Phlla.A Reading
Bammit Branch (Boston) 50
46"
"
anion Pacific
100 40
Cnlted Cob. of N.J. (Phila.) 100 230
8
WeetemU Y. AParPAiia.; 100 *7
9.
*4%
4%
Friday,
Nov. 11.
Thursday,
Nov. 10.
39%
95
4i4
"
"
Nov.
7.
3914
4>s
39^
122
Wednesday,
Nov.
>
t
Tuesday,
Nov. 8.
Monday,
Saturday,
Nov. 5.
Atoti. T.
.
Bange of sales in 1892.
of the
Active StockSi
.
LVol. LV.
BOSTON, PHILADELPHIA AND BALTIJHORE STOCK ISXCHANeES.
Bales
^^ Sbare Prices — not Per Centam Prices.
[f Indicates niillBted
AHoBez
J
J
THE CHRONICLE.
798
Preferred....
Fitohbnrg pref
H
110%
103%
ISO's
118
118
117
126%
19'25,
C. & P. Ist, 6 g.1911, J&J
West'r.N.C. Consol. 6 g.l914, J&J
WUm. Col. & Aug., 6s.. 1910, J&D
West Va.
lOtfli
119
101% 102
109%
111%
ios" 109
MISCELLANEOnS.
Baltimore— City Hall 68. 1900, CJ—
1900, Q—
Fundlng68
West Maryl'd RB. 68.. 1902, J&J
112%
1916, M&N
134
Water Ss
1916, M&N 122
130% Funding 5s
1930, J&J 100%
Exchange 3%s
109 112
103
128
129
120%
111
'
iso
7458
Virginia (State* 33, i-ew. 1932, J&J
1900, J&D 109%
Chesapeake Gas, 68
1910, J&D 115
1939, J&J 101
Equitable Gas. 6a .. t91S. A&O 110
Consol. Gas, 68
58
lie"
101%
F
NOVKMBBB
4
THE CHRONICLE.
12. 1892.
NEW YORK STOCK EXOHANttB PRICES
(Contlnaod).— aOriFA
*'!£?"• *«»«»• (laiin *t i8»a.,
,_
I,
RiLlLBOAD AKD MWOKL. BONDS. 'J**^'fl
.^^,
Ptriod. \ov. il
Higkuu
Lawnt.
RAajWAs
7tfU
BONDS NOV.
Ain>
U uoBL.
II,
AlW rOR TEAR IMt.
Oterna
Bona. Inlm'U Prim
Pmiad. Sot.
I
£mm«C
Ill
Btglum.
I
<*-* 110\
AtTov>.48.F.-100-yr..4g.l989 J * J 81
107 >« Jan. 1 18% June
Am(>r. Cotton Ull, d«b., 8 K-IOOO
58%
72>«
100
101^
72
Oi>u. 4'«s,
(t
110
'Ill
Q-M
b.
b.
b,
b,
111
'OH
* JillOisb.
4 JillO b.
li»li;A 4 „
„^ OlllS b.
1939 M * N 102»9
1!)'.)'2|M A 8
7908
Am. Dock4riiip.,6»....l«21
Oentral riu'ltlp- t)ol(l,OB
ObM. itOhio-,Murt.,6 K
litoonaoL.ft g
a,
115>«
M* N
J
1898-1
B.AA.DIv.,1bIooii.,2-4k.1U89 J
do
2d con., 4 ((...1989 J
Ohio. Burl. *Q.— Con.,79.190H J
J
<h
79>«
A J 78 b.
* J 123 >8b.
1913 M 4 N 100^
X>ebenture,ft8
1903 M & 8* 1064ib.
ConTertll'leSs
192i F A A 934ib.
Denver UlTlsion,4B
_
Hebra»kiiEiteii»lon,4s.l927|M AN 86%
"
Ohio. 4E. lll.-l«t,s.f.,6B.1907 J 4 DillS b.
OonBOl.,6g
1934IA4 O 119 b.
Oener»{ oonsol. lBt,S8..1937iM
4N
sgTg
OhloagoAKrle-lBt,4-5g.l982M4 N 101 ><
48
1992 Oot'b'r
Ohio. GasL. 4C.-lBt,8g.l937 J 4 J
Ohlo.MU. A8t.P.-Con.78.190ft J 4 J
4 J
iBt.SouthweBt Dlv., 69.1909
4 J
iBt, 8o..Mln. Dlv., 69..K1910
4J
iBt.Ch.&Pao.W.DIv., 59.1921
4 J
Ohio. A Mo. RIv. Dlv.. 59.1926
4 J
Wis. A.Mtnn. Dlv., 5 K..1921
4 J
Terminal, 5 g
1914
4 J
Gen. M., 4g., BerleB A... 1989
Income, 8b
11S>«
117
100 Ogb.
104 >«
107 '«a.
108 b.
D
MILA Nor.— iBt.oon.. 69.1913 J A
Ohlo.AN.W.— Cou8o1.,7b..1915 (J—
Coupon, gold, 79
90><
128 14b.
92
b.
116>i
136
b.
A D 128>sb.
A A O
A A
1*108 b.
M 4 N|*10S b.
1902 J
Blnklng fund, 6b
1929
BinUng fund, 5b
1929
Sinking fund <leben^5a.l933
86-year debenture, 5... 1909
BxtenBlon, 4s
1926
Ohio. Peo. A 8t. LouiB— 5 g. 1928
Ohlo.R.I.APao.-6a,ooui>.1917
£ztenBtonaudool.,5B...1934
M4S"|103'8b.
F A A
MAS 975»a.
J A Jll24i«b.
UrfHia.
J
1931
O. —69. ...1930 J
80-year debeut. 5b
4
J 101>a
8 9h\
M 4
8&«i June
66% Jan.
88
May
Nov.
July
74 Jan.
10 Aug. 14Vi Jan.
Ill Jan. ;120>BSeiit.
10510 Jan. 110 June
100 Mar. 104'»8 Feb.
67 Sept. 85 Feb.
118 Jan. 119 June
110 Nov. 123i« Mar.
109 >• Jan. 114 Juno
100>«Jun. 114 June
94 Jan. 102 Aug.
105 >• Jan. 111 June
109 Sept. 113 June
114>«Apr. 119 Feb.
102 Nov. 107 Apr.
78 "4 Oct.
84^ May
76 Jan.
81
Aug.
7S^ Jan. 80% June
121<t Jan. 126 June
100 Nov. 105>s Apr.
103 Oct. 114 Jan.
91>iFeb.
94>«Juno
86 Nov. 9H9 Apr.
112>f Jan. 118>«.>ray
119 Oct. 123% July
97 Jan. 104 Apr.
97>«Jan. 104>s Apr.
83% Feb.
42>sOct.
86 Jan.
94% June
125>4Jan. 132% June
112><Jan. 116% Apr.
113>sJan. 118 June
100 Jan. 111 June
100>4 Jan. 106 June
103 Jan. 108 May
103 Jan 108% Aug.
92 1« June
SeVt Jan.
111 >4 Jan. 117
Aug.
136 Nov. 142 Apr.
123><Jan. 127% May
Mar.
114>«Sept. 120
105i«May Ill June
105 Apr. 109 Aug.
103 •« May 107 Mar.
96 Jan. 100% Jan.
96 Mar 101 Apr.
121 Jau. 126% June
99'8 Sept. 104% May
94 \ Sept. 98% Feb.
1 20
Feb. 124% May
88 Jan.
98% Juue
12\
11T>«
M
Leh.AW.H..(«>n.,7«,a«M.lUi)0
una
._
do. niort(taK«i ft*
,„„
\ Feb.
57 "t Nov.
SS
67
81
87*1
"A"....1»b0
1089 Sept.
100-year iDoome, An
AU. A P»o.— Guar, 4 K....1937
1910
W.D. lno.,6«
BrooU'n Elevat'd 1x1,6,8. IBS'* A di O
&• 1908 J * J
Dan. Boath.— lit Kuar.,
^^ _
1018M* B
Sd,5a
Oent.Ua.-a.<St W. l8tooii.Si,'29 .....
Omtralof N. J.-CODt.,7».1899 <J-J„
1902
4 N
OOMOl., 7»
Qeneral luortsage, ft «r..l987 J * J
2cl •-•«-4». K., CI.
A D 122 b.
A Ji 91 b.
a C. C. 4 l.-Conaol., 7 g.l914 4 D "135 a. 128>s Jan. 135% May
1934^J 4 J;123 b. 118>a Jan. 123 July
General oonsol.. 6 k
O.C.C.ASt.L.-Peo.AE.48.1940:A 4 O, 79'«a. 78% Oct.
83 Feb.
Income, 4s
1990 April. 27
26 June 34% Feb.
OoL Coal 4Iron-6g
1900 F 4 A 103''eb. 99 Mfty 104 Nov.
Ool. Midland— Con., 4 g... 1940 F 4 A 66 b. 66
Sept. 74 Jan.
Ool.H.Val.ATol.-Con.,5g.l931 M 4 8 Olisb. 87<s Jan.
98 July
General, 6g
1904 J 4 U 98
93 Jan. 108 May
Denver 4 KloG.— lBt,7 g.lOOU M 4 N I15>«b. 11538 May 119 Apr.
1936, J 4 J 88%
I8tcon8ol.,4g
77% Jan. 86% Oct.
Det.B. CltyAAljiena— 6g.l913 J 4 J 60 b. 60 Oct.
80 Feb.
Det.Mac.A.M.-L'dgrant».191l|A 4 O 38>«b. 36 Apr.
44% Oct.
Dul.So.Sh.A Atl.— 5g....l937 J 4 J 100
95 Mar. 105 May
B.Tenn.V AG.— Con.,5g.l956iM AN 92 b. 90 Mar. 100 Feb.
KnoxviUe AUUIo,6 g...l925 J A J 100
96 >« June 108 Jan.
Sill. Lex. ABig^an.-5 g.l902 M 4 8^ 97>9b. 81
Mar. 100 Aug.
Ft W. 4Denv. City— 6g..l92l!J 4 D.101%
98>« Jan. 105
May
eaLH.A8auAn.-\v'.Dlv.l8t,5g. M 4 N| 96 b. 95i>8 May
99 Oct.
Han. 4 Ht.JoB.-Cona., 68.1911 M 4 81115% 114 Sept 11858 Feb.
Ohio. 8t. P.
.M.
A
Caeveland4Cauton— 5...1917
J
J
I
minolB Central— 4 g
1952 A A UlOO^a. 96>a Jan.
Int. AGt.No.—lBt,6g.... 1919
N 129 b. tl06 Feb.
Coup.,6 g., tr.reo.atmpd.l909;M 4 8
73% July
lowaCentral- l9t,6g
1938'J 4 D 90 >4
8878 Sept.
Kentacky Ceutral—4 g
1987J 4 J 85 b. 81 Jau.
KJngsCo. El.— lat.S g....l925 J 4 J 99% a. 97»sFeb.
taoIedeOaB- l8t, 5g
85
1919 Q—
80 Mar.
LakeErle AWeat.- 5g....l937lJ A J HI b. 107 >4 Jan.
Ii.Bhore— Con.op., lBt,78.19U0'J 4 J,120>ib 119 Sept.
Oonsol. coup., 2d, 78
1903 J 4 D 124
121% Feu.
LonglBl'd— l8t, con., 5g..l931 Q— J IllSitb. 113 Apr.
General mortgage, 4 g.. 1938 J 4 D 93 b.i 91 Jan.
liOOls. A Nash.— CouB., /a. 1898 A A O '111 b.i 110% Oct.
a.O. 4 Mob. iBl, 6 g
1930 J 4 J 12mb.' 117i«Jan.
do.
2d,6g
1930'J 4 J 115 a.' 108 Jan.
eeneral,6g
1930 J 4 U* 118>sb. 115>4 Jan.
DnUled, 4g
1940 J 4 j| 81 b. 78% Jan.
Na«U.FI.&Sh.— l8tgt<1.5g.'37iF 4 A'lOO b. 98 Feb.
M4
102%
Sept.
130
82
96
86
Jan.
Feb.
Aug.
June
102% June
85% Nov.
114
June
124%
Oct.
126
117
May
97%
115
Aug.
Aug.
Feb.
121% June
110% Apr.
119% May
83%
Oct.
IIObUe4 0hlo-llaw,6R..I937 J 4
K.T.Cieatral-KxteDd.,Sa.l803 M
1903 J
1st, coupon, 7s
4Ch.— lBt,68.1910
0on»ol.,6 g
M
M
I
4
4
H 4
M4
*
Dat>en.,8s,ooup.. 1884..1904H
H. Y. 4Uarlem-7s,reit.l900 ~
B. W. 4 OKd.-Con., Bs..l932 A
M. T. Ohio. 4 St.
g.. .1937 A
N. T. KleTMed-7s
1906 J
N. T. Laok. 4 W.-Ist, <I«..I921 J
1933
Oonatraetloo, 8s
U-i
117%b. 113 Feb. 110 Hot.
8 61%
Bo%I«nT. 07^ Jm.
J l2>4%a. 130% Jao. 183 Jbm
O 103% iOi%oct. loa r«b.
IT 100%
100% Nov. ,10s Mar.
J 12478b. 133% Jan. il39 JoM
100 0<'t. 110 P*b.
B 107
I17itb. 117% Nov. 123% Apr.
113
1U% Apr. 115% Aug.
96%
96 Jao. 100 Jao*
113% 111 July llS%Jiia*
138 Jan. 130 Jon*
J 130
A 113%b. loo Aug. lit Oct
8 I30%a. I34>4 Mar. 139% Aug.
I
4
4
4
P4
ir.TX.B.4W.-lst,ooii.,7g.lB20 M 4
1893 J 4 U 104 b.
Lone Oook.7s
1938 A 4 O'llO b.
O0IU0I..6K
1969 J 4 D 107%
3d oonsol., 6 g
N. y. Ont. 4 W.-lst, 6 R.. 1914 H 4 S
Oonsol. l8t,8g
1939 J 4 D 108%
N.Y.8as.4W.— Iatref.,8g.l937 J 4 J 107
Midland of N.J., 6g....l910 A 4 O 116%b.
Norf. 4 South.— 1st, 8 g...l941 M 4 N,I02
Norr. 4 W.— 100-year, 5 g.I990 J 4 J
Md.4Wash. DlT.-Isi,8 g.I94l J 4 J 91 %b.
North.Pao.—1st, ooap.,6g. 1921 J 4 j'll7%
General, 2d, coop., 6 g..l933 A 4 0112 b.
General, 3d, ooap., 6 g..l937 J 4 D 108
Consol. mort.,8g
1989 J 4 D 73
Chlo. A N. P.— iBt, 5 g...l940 A 4 O 78%
North. Pac. AMon.— 6g...I938
4 8 89%a.
North. Pao. Ter. Co.—6 g.. 1933
4 J 103 b.
OUoAMlBB. — Cons. s.f.,7s. 1898
4 J lll%b.
Conaol., 78
1898
4 J lll%b.
OhtoSouthern- Ist, 6 g...I921
4 D 112
General mort.,4 g
1921
4 N 64 b.
Oniaba A St. Louis- 4 g ..1937
4 J *6l b.
Oregon Imp. Co. let, 6 g. 1910
4 O 103%b.
Consol.,
1939
4 O 64 b.
g
Ore.R.ANav Co.— I8t,6g.l909
4 J 110 b.
Consol.. 8 g
87 b.
1928
4
Pa. Co.—4% g., coupon
1921
4 J 107 b.
Peo. Deo.AEvansT.— 6g..I920
4 J 107%
Evansville Dlv., 6g
1920
4 8 106
2d mort.,5g
1926
4N 68
PhUa. A Read.—Gen., 4 g. 1958
4 J 86%
102% June I0fl% Mar
117% Apr. 123% Aag
103%Bept. 109% May
110%
1988
1958
1958
Pittsburg 4 Western- 4 g. 1917
Kiob 41>anv.—Con., 6g.. 1915
Consol., 5g.
1936
Rich. AW. P.Ter.-Tru9t,6 g 1 897
J
RIoG.
4
A
82
J
J *106 b.
A 4 O SO
F 4 A 78
M 4
4
M4
A
ool. truat, 5 g. 19 1
Western— lat, 4 g..l93U
Bt. Jo.
4
4
J
.
Con. Ist
77%
71%
63%
Feb.
Feb.
Feb.
.
Gr. laland— 6 K..1925
a.
b.
49%
79%
8
J
SECURITIES.
Bid.
BSOCBITIES.
Ask.
4 0. 8.
1
W.,
lat. g..
Jon*
Mar
108% Bept
9«%Mar
98
Jan.
119
Jon*
106
113
Jan.
60
Nov.
66''«
Not.
BUr.
62% Apr. 66 Jaly
99% Jane 104% Fob.
03% Oct 71% Jan.
109%
Jan.
88
Bept
112
96
Jon*
Mar
Feb.
lOS'a Juna
101% Sept 110 Feb.
100 Apr 108 Jan.
67 Nov. 71% Mar.
83% Jan. 90<b Jona
79% Aug.
69 % Feb.
83% Feb. 72% July
37 Jan.
67
Feb.
80% Jan. 86% June
tI08 July 112 Jan.
74% Oct 85 Feb.
78 June 100 Feb.
41% June 72% Feb.
76% Jan. 83 Jun
I08Bg Jan.
93
Nov.
100
110%b. Ill
.May
lis
•i*2%b.
•106 b. 105 Sept.' 108% Jan.
A
A A101%b. 101 Oct. 10.! Nov.
18971 M 4
106
105«8 Nov. 109% Feb.
2d,7g
CalroArk. ATexa8.7g..l897 J A
loe^s
104% June 109 Mar.
83 '8
82»9 Oct
86% .Mar.
Gen. R'y A landgr.,8g..l931 A 4
110% 110% Nov. 118 Apr.
8tL. ASan Fr.— 6 g.,Cl.B.1906 M 4
L. Alt. AT. H.— lBt,7B.1894 J
Iron Mt. l8t ext. 58.'97 F
St. L.
St
6 g.,Clas9 C
1906
M4
General murt, eg
1931 J A
10S%\). 106% Jan. 111
06% Nov. 72%
St USo.Weat— lat, 49, g..l989iM 4 N 66S9
' * 28
ll.
2d, 4s, g.. Income
19!j'.)IJ A
27 July 37%
•115 b. 116% Jau. 119%
a.F.M.AM.-Dak. Ex., 6 g. 1910 M 4
Apr.
jaiM
Jan.
Jan.
Aug.
120 b. 118% Jan. 123% Jane
....1933
reduced to4%g.
101%
97 Jan. 103 Apr.
93 Nov.
Montana Extension, 4 g.l937
91 b. 87% Jan.
78 Mar
San A. A Aran. P.— I8t,6g.l910
70 a. 68 Apr
70 Ang.
1st, 6 g
1926
69%». 61 Jan.
•89 b. 90 Apr.
97 Jdly
SeatlleL.8.AE.—l8tgu. 6.1931
eo.Car.— Ist, 6g„exooup.l920
105 %b. 105 Sept 108% MS.
22 Jan.
Income, 6a
15 a. 14 Apr.
1931
1909-10 J 4 J 102 %b. 101 Feb. 107% June
80. Pao., Ariz. -6g
eo. Pactflo, Oai.—6 g.... 1908-12 A 4 O 112 b. 111% Oct 116
Mar.
1st, oonsol., gold, 8 g....l938 A 4 O 98
97% Oct 102 Mar.
8o.Paoiao,N.M.-6g
1911 J 4 J 106 b. 101% Jan. I08%jana
Tenn.C.LARy.-Ten.D.,l9t,6g A 4 O 92 b. 89 Feb. 97 Jun«
91
Jau. 100 Jane
Blrm. Dlv., 6g
19l7iJ A J 100
76% July 85% May
2000 J A I) 83%
Tex. 4 Pac— 1st, 8 g
34% .Mar
28 July
2000 .March.
2d, Income. 8 g
1921 M
100 %b. 96 July 104 Feb.
Tol. A. A. 4N. M.— 6g
Tol. 4 0hlo Cent— 5 g
1935 J 4 J 107 %a. 102% Jan. 109% June
82% June
1917'J 4 J 81%b. 77 Jan.
Tol. Peo. A West— 4 g
85 Oct 101 May
Tol. StL. 4 Kan.C— 6g..l9l6 J 4 D 86
Onion Paolflo— 6 g
1899 J 4 J* lll%b. 110% Jan. 114% June
Sinking fund. 8b
102% Sept 110% Feb.
1893 M 4 S 103
CoUat truat 4%
1918 M
66 %b. 64 Sept 74% Jan.
92% Sept 100 Jan.
Gold 69, ciil. truat notes. 1894 F A A 95 '8
Kan. Pao.-Den.DiT.-6 g.l899 M A N 110 b. 109 Fob. 112 Sept
lBtcon801.,6 g
1919
108 Ub. 108% Jan. 114 Avi.
Oregon Short Llne—6 g.. 1922 F A A 04% 101 June 108 Jan.
Or.8.L.4UfhN.—Con.8g.l919 A A 0'74 b. 72 Sept 83% Pete
U.P.Den.AGulfoon. 8g.l939 J 4 D 71%
68% Sept 77% Jan.
110 Jan. 117 Oct
1937 M 4 N!i15
Union Elevated— 6 g
76% May 88 FeU
VIrglniaMld.— Gen. m.,88, 1936 M A N| 78%
79 Nov. 87 FMb
do
stamped guar. M
80
Wabash— lBt,8g
4 N 103% 103 Nov. 107 Ape.
1939
78% Sept 86 Jan.
2dmortgage,6g
1939. F 4 A 80%
SO Jan.
DebentM., series B
1939 J 4 J| 40%b. 35 July
101% Jan. 108 ''s Jon*
WeatBhore— Guar., 4s
2361 J 4 J 103
J!l02%b. 99 Jan. 105 .May
WestN. Y. 4Pa.-Ist,8g.l937 J 4
31% July 35% Feb.
Sdmort.,3g.,5BC
1927 A 4 O 33%
WeetUn.TeC—Co:. tr.,8s.I938 J 4 JI04>b. 100% Jan :106%Ja>c
90 Mar. 95%JaM
Wis. Cent Co.— 1st. 6 g
I937;J 4 J 90%
33 Jnne' A3 % Jan.
Income, 8 k
36%
1937
Ist consol., 6 g.
do
4N
AN
Bid.
4%s...I990
MonOB. River, Ittg..g. 59...igi9
(Stock Ezehange Prices.)
OenflOhlo Rcor.-l.st,4%s.l930 103
Alabama Mid.— 1st, g., guar.. 1928 80% 92
Ak.A Cli. June- lat. g,59,gu.l930 104
Atlantic A Danv.— Ist g., 68.. 1917 •18
Boat H. Tun. A W.-l>eb. 58.1913
Att. 4 Par.-2d W. D.,gu. 69.. 1907
Brooklyn Elevated— 2d, 3-5s. 1918 •97
Bait 4 0hlo— 1st, 6s, Park B. 1919 119% il9% Brunswick A Wn-l«t, g. 4s, 1038
1925 •111%
BufT. Roch. A Pitts. -<(en., 88.1937
»*, gold
98
Roch. * Pittx.-l.st. i;.s
1921 119
W.Va. APittH.— Ist.g.. 59..19!>0 104
Cnnsoliilat'dlBt.68.1922 118
do
' No nrlce Friday: these are Lh<> latest qooiaiDooa made lui« wee*
B.
107
119
106% July HI Apr.
71
8ept 80%ji;iL
74 Oct
83 Feb.
8} Oct 103 Feb.
104 Oct 108% Apr.
111 Jan. 1 18% Jan*
110 Mar. IIS Jane
MAN
M
AN
'
*
Latest price this week,
NEW YORK STOCK EXCHANGE PRICES-< Continued). -liVACriTTE BONDS— NOVEMBER
Railroad Bonds.
jaiL
108% May
in % Oct 116% Mar.
-
Ist pref Income, 8 g
2d pref. Income, 5 g
3d pref. Income, 5 g
116
Apr.
100 Jan.
108 Jan.
llft%Oot.
98 Apr.
91 Oct
90% Aug.
118 Jao.
.5
101 '9 Juno
108''8 Jan. 113
J 4 Jim
June
1916:a 4 O 108
99 Apr. 105% Nov.
I/Onls. St. L. ATexaB— 6 g. 1917 F A a| 94>*
Jan. 100 Aug.
87't
lietro. Elevated— 1st, 6 g. 1908 J 4 J llSi^b. 113>aJan. 120% June
Sd,68
1899 M A N 105i«b. 105>4 Jan. 110 June
Ulch. Cent.— Ist.oon., 7b.. 1902 M 4 N ll'tSib. 119% Nov. 124% Apr.
Uonsol., 5b
1902 M 4 N 106 h. 106 1« Mav 108% Apr.
HlLLakeSb. AW.— I8t,6g.l921 MAN* 125>ib. 123 Jan. 1128 July
Bxten. A Imp., 5 g
1929 F 4 A 107>«a. 104 >« Mar. '110 July
H. K. 4 T.— Ist 48, g
1990 J 4 D, Si.^
79 June 83 May
4a,g
1990 F 4 A' 47'>b
45>«July
84% Jan.
Ho. Paollo— 1st, con., S g. 1920 M 4 M 110 b. loo's May !ll3 Oct.
«d,7l
1906
4 M'llS b. I12>sJan. 117 Oct.
Fao.ofMo.— lBt,ex.,4g.l938 F 4 a! 96 b. 96 Nov. ilOO Jan.
Sd e-^tenoed 5b
1938 J 4 J 100 b. 102 Bg Jan. 109 June
Hoik—" b " indicates price bid ; " a " price aiked ; the Range i« made up from actual saloa only.
Lonls. N.A.
M 4
Qaneral mortgage, 4«.. .1938
VMlLOh. 4 8t.£.-lst,7l.I913 J 4
1928 A 4
000^8 «
D
f
Coupon
ofl,
11.
BKCURITIEB.
Bid.
Barl Oed.Bap. 4No.— lat,5a.I90«
OoBSOl. 4cullat tru«t,8s...l934
104
Ask.
.
4 8t L.-l8t 7s, gn..I927
4 Wost-l8t7s....l909
Rap. I. F. 4 N., Ist, 68.1930
96
Aak,
•••a*
Minn.
100
100
fled.
1921
90
Ist, Ss
COhto-'Jol. 4an.M.l8t,4%9.1939 •rt3
80
lent BB. 4 Bank.-Col. g.Ss. 1937
1937
ChatRome4Col.—Otd g
i22'"
*nt of N. J.-Oonv. deb.. R. 190* ....
120
lowaC.
.••«
9S
95
6
6
THE CHRONICLE.
800
[Vol. LV.
NEW YORK STOCK EXCHANGE VRICES—INACTIVE BONDS—rContinuedJ-NOVEMBER
Bid.
BECUEirrES.
Ban Joaquin
99
&
72
Gal. H. & S. A.— 2d mort., 78.. 1905
1931
West. Div., 2d 69
9714
Ga. Car. & Nor.— l8t, gu. 58, g 1929
69
1927
11213 Ga. 60. & Fla.— 1st, g.
Land
grant, 59. g
&
O. Div., ext., g. 5a
West. PaclUc—Bonds, 6s. ...1899
No. EaUway (Cal.)—l8t, 68.1907
C.
Ft Worth
E. Q.— 1st g., 58. .1928
Gal. Har. &8an Ant.— lat, 63.1910
1938
SO.year 5s
Clies. & O.—Par. M. fund, 6s. 1898
Grand Rap. &Ind.— Gen. 5e..l924
1908
68, gold, series A
G. B. W. &8t.P.— I8t68.rects.1911
Craig Valley— 1st, g., 5s. ...1940
2d Income, trust rects
.1941
Warm Spr. Val., 1st, g 5s.
1937
HousatoMc— Cons, gold 58
Ohes. O.&So.West.— Ist 68, g.l911 *104is
N. Haven & Derby, Cou8.5s..l918
"is"
1911
2d, 63
—
C—
Waco & N. 78..1903
Houa. &T.
1937
1st g., 5s (int. gtd(
1912
Cons. g. 63 (int. gtd)
1921
Gen. g. 4s. (int. gtd)
116^ il8i«
Louis. & Mo. Eiver— 1st, 78.1900
1141*
Debent. 6a, priu. & int. gtd.1897
1900
2d, 78
Debcnt. 4s, prin. & int. gtd.1897
St. L. Jacks. & Clilc— l8t,7s 1894 i'03"
Mlss.E. Bridse— 1st, s. f ., 68.1912 1031s ...... niinois Central- 1st, g., 48 ...1951
1951
lat, gold, 3ias
...1926 104
Chic. Burl. &Kor.— 1st, 58.
1950
Cairo Bridge—Is
1896
Debenture Ps
Springf. Div.—Coup., 63. ...1898
10214
OWo. Burling. & Q.— 58, s. f..l901
1921
Middle Div.— Reg., 5s
Iowa Div.—Sink, fund, 58. .1919 105 9514
C. St. L. & N. O.—Ten. 1., 78.1897
1919 941$
Sinking fund, 48
1897
l8t, consol., 7e
1921
Stiht
Plain, 43
1907
2d, 63
103 ij
CMo & Indiana Coal— 1st 58.1936
1951
Gold, 5a, coupon
CM. Mil. & St.P.— l8t,8s,P.D.1898 iis'ii
1951
*124
Memp. Div., l-stg. 48
1898
2d,7 3-10s, P. D
Dub. & 8.
2d Div., 78 ...1894
1902 *127 1271a
1st, 78, $ g., K.D
*102
Ced. Falls & Miun.— 1st, 78. .1907
Ist, Lacrosse Division, 78.1893
1897 n23>s i25" Ind. D. & Spr.— Ist 7s, ex. cp.l906
M.,78
l8t,
Ind.D.&W.— latSa, g.,tr.reo..l947
1899 *124 126
lBt,L& D.,78
2d, 5e, gold, trust receipts.. 1948
1903 128 130
let ,C. & M., 78
Inc. M. bonds, trust receipts
let, L & D. Extension, 73... 1908 129
Ind. Ills. & Iowa.— 1st, g. 48. 1939
1919 105
let, La C. & Day., 5s
126i< 127% Int.&G. N'n— 1 8t,G3,g., COU.0IE 1919
1910
let, H. & D., 7a
Kanawha & Mich.— Mort. 4e.l990
1910 103 107
lst,H. & D.,59
Kan. C.Wyan.&N.W.— lst,58.1938
Oblcaco & Pacific Diy., 63.. 1910 *117
1910 103 105" Kings Co.- F.El.,lst,.'3,g.,gu.A.1929
Mineral Point Div. 53
Lake Erie & West.- 2d g., 58.1941
1921 '1031s 106
O. & L. 8up. Div., 5s
L. S. &M. So.—B.&E.— New 78. '98
Fargo & South., 6s, A88U...1924 110
1906
Det. M. cfeT.— Ist, 7s
1916
Inc. conv. eink. fund, 5s
Lake Shore—Div. bonds, 78. 1899
107
Dakota <&Gt. Soutli.,53....1916
Kal. All. & G. R.— Ist gu. 58.1938
118
Mil. & Nor. main line— 6e... 1910
Mahon'g CoalRR.— 1st, 5a.l934
1051*
Chlo.&N.W.—30 year deb. 58, 192]
Lehigh V.,N.Y.— 1st gu.g.4ia8.1910
Escanaba & L. 8. lat, 68. ...1901 iio""
Lehigh V.Term.— Ist gu 58,g.l941
DesM. & Blinn.— lst,78....1907 1:^3
1 Jtchf Car.& West.— let 6s. g. 19 1
1900 123
Iowa Midland— let, 83
1898
I.iOug Island- l8t, 78
Peninsula— Ist, conv., 7s. ..1898
N. Y. & R'way B.— let, g. 53.1927
Ohio. & Milwaukee— let, 78.1898 i'li"
1927
2dmortg., iuc
1907 •124
Win. & St. P.— 2d, 7s
N.Y.&Mau. Beach.— 1st, 78, 1897
1905 112
Mil. & Mad.— 1st, 68
N.Y. B.&M.B.— Ist con. 5s,g. 1935
F. & St. P.— ist, 5s.- 1909 106
Ott. C.
Brookl'n&Montauk— l3t,69. 1911
1910 106
Nortliern 111.— Ist, 53
1911
1st 58
ioo"'
Ch.Peo. &St.L.—Con.lst,g.5i.l939
Smithtowni'pt.'Jeir.— 'l's't','7'8'l901
79
C.K.I.&P.-D.M.(fcF.D.l8t4s.l905 *
Loul8.Evau8.&St. L. Con. 58. 1939
2ia9
1905
let,
Louis. &Na3h.—Cecil. Br, 78.1907
Extension, 49
.1905
E. H. & Nash.— 1st 6s, g....l9iy
100 Oj)
Keokuk & Dee M.— 1st, 59. .1923
Pensacola Division, 68
1920
Chic. St. P. & Minn.— 1st, 6s. ..1918 *i26"
St. Louis Division, Ist, 63.. .1921
lat, 6s
1919 121
St. Paul &8.
2d, 3s
1980
CMC. & W. Ind.— Ist, 8. f., 68.1919
Leb. Branch Extension.. .1893
General mortgage, 6s
1932 117 118
Naehv. & Decatur— Ist, 78. .1900
CMC. <k West MlcU.— 53
1921
1910
8. f.,6s.— S. & N. Ala
(Cm Ham. & D.—Con. s. f., 8.1905 *i20
1924
10^0, gold, 63
2d, gold, 4i3S
1937
98 -^
50 year 5s, g.,
1937
Cin. D. &Ii"n— 1st, gu. 5B,g.l941
Pens. & At.- Ist, 6s, gold... 1921
Sin. Jack. & M.ao.— 1st, g., 5s. 1936
CoUat. trust, 58, g
1931
Olev. Ak. & Col.-Eq. 4c 2d 68.1930 100
Lou.N.Alb.&Ch.— Gen.m.g.53.1940
C.C.C. & St. L., Cairo div.—48, 1939
Lou. N. O. & Tex.— Ist, 43. ...1934
St.Lou.Div.— lstcol.ts't4s,g.l990
01
Bpring.&Col.Div.— lst,g. 4e. 1940
2d mort., 5s
1934
WlilteW.Val.Div.— lst,g.49. 1940
Louie. St. L. & Tex.— 2d g, 68.. 1917
Cln.Wab.&M.Dlv.— Ist,g.4s.l991 92" '92 ia Manhattan Ry.— Cons. 4a
1990
Manito.S.W.Coloniza'n- 5s ,g.l934
can. I. St. L. <fc
l8t,g.,48.193G
93
97
Consol 6s
1920 *102
Memphis & Charl.— Gs, gold.. 1924
Cin.San.&Cl — Cou.l8t,g.58, 1928 lOUij
lat con. Teun lien, 7s
1915
CLCol. Cin. & Ind.— let, 7s,3.£l899 113% i'li"' Mexican Ceut. Consol.— 48, g.l911
Consol. sink, fund, 78
1914
Ist, eons, income Ss, g
1939
Cleve. & Mab. V.— Gold, 58. ..1938 •107
Mexican National— 1st, "g., 6s 192^
Colorado Midland- 1st, g., 6S.193C 108
2d, income, Gs, "A"
191
Columbia & Green.— 1st, 6e. 1916
MicMgan Central— 6s
1909
2d, 63
Coupon, 58
192G
1931
Del. Lack. diW.- Mort. 7s.... 1907 130
Mortgage 48
1940
Bvra. Bing. & K. Y.— 1st, 78.1906 '128
Mil. L. S.&W.— Conv. deb., 5s. 1907
Morris ife Essex- lst,78
1914 *137 i'ii"
Mich. Div., 1st, 63......
1924
Bonds, 79
1900
AsMand Division— Ist, Ga ..1920
78 of 1871
1901 121
Incomes
let, con., guar., 73
1915 1391a i'4"6" Minn.& St. L.— 1st, g. 7s
1927
Del. & Hud. Can.— Coupon 7s,1894 10b
Iowa Extension, 1st, 7s
1909
Pa. Div., coup., 79
1917
2d mortg., 7s
i'4'i"
1891
Albany & Suaq.— lst,gu.,7» 1900
Southwest Ext.— 1st, 78
130
1910
let, cons., guar., 6s
1906 il6%
Pacillc Ext.— lat, 63
1921
Eens. &. Sar.— let, couj)., 78.19'il •140
Impr. & equipment, 6a
1922
Dsnver City Cable— let, 68. ..1908 '92
Minn. & Pae.— Ist mortg., 53.1930
85I4
Danv. & R. G.— Imp.,g., 58...19-\s
Minu.St.P.&S.8..M-lst e.g. 48.1938
Dulutli & Iron Kange— Ist 5s.l9l 7
i'0'2"" Mo.K.&T.— K.C.&P., Iet,4e,g.l990
E. Tenn. Va, & Ga.— Ist, 78.. .1900 111
Dal. & Waco— 1st, 5s, gu....l940
Divisional os
1930 103
Missouri Pacillc —Trust 58. ..1917
let ext., gold, 5s
1937
1st coll., 58, g
1920
Eq.4slmp.,g.,58
1938 '53
54
St L.&I. M.-Ark.Br., 1st, 78.1895
Mobile & Birm.— Ist, g., 59.. 1937 *
Mobile & Ohio— Ist ext., 69.. .1927
87
Alabama Central— 1st 6s. ..1918 ibo"
St. L. & Cairo-^a, guar
1931
Erle-lsi, extended, 79
1897 112 i'i2% Morgan'a La. & T.— 1st, 6a.... 1920
2d, extended, 58
1919 *114>9
Ist, 78
1918
8d, extended, 4is3
1923 *107 i'o's'ii Nash. Chat. & 8t. L.— 2d, 6s.. 1901
4tb, extended, 53
1920
New Orleans & Gulf— lat, 68 192G
6th, extended, 48
1928 103
N. O. &. No. E.— Pr. 1., g., 69. 1915
lit, con., g., I'd, Ts
1920
N Y. Cent.—Deb. g. 43
1905
Beorg., 1st lien, Gs
1908
N. J. June— Guar. 1st, 4s. ..1936
B. N. Y. &E.— 1st, 78
1916 136i« 140
Beech Creek— 1st, gold, 48.. 1936
K. Y. L. E. & W.-Col. tr.,6s.l922 '109
Oaw. & Rome— 2d,5s,g.,gu.l9l5
Funded coup., 5s
1969 92
Utlca & Bl. Riv. -4s, g., gu.l922
Buff. & 8. W.-Uottg. 63.1i;i908 101
N. Y. N. H. & H.-lst, rig.l 1903
JefTersou— Ist, gu. g. 58 ....1909 102
N. Y. & Northern— 1st, g., is 1927
Coal&KK.— 6s
1922
2d,4s
1927
Eureka Springs— Ist, g., 68. ..1933
N.Y.Ont &Wn.— Ist,refun.4b.l992
100
Evans. &T.H.— let,con8.,6B..1921 ^iieii
N. Y. Susq. & West.— 2d, 4iaa.l937
Mt. Vernon— let 68
1923
i'lsis
Gen. mort., 5s, g
1940
Bui. Ce. Branch— Ist. g.. 5e. 1 930
S. Y. Tex. & Mex.— I8l,43,gu.l912
01i.V.-Gen.con.l6t,gu.g,53.1938
1893 103 1«
1903 116i<
OMcago & Alton— Ist, 79
Sinking fund, 68
.
C—
L&
.
—
C—
C—
,
. .
lom
^
So
price Friday; tbese are toe laceat quola^ieiu
mnAe uua wse».
Bid.
. .
.
1081s
SECURITIES.
Ask.
101
North'n Paciflc—Divid'd scrip ext 100
122
Jamea River Val.— 1st, Gs. 1936 •95
101
Spokane & Pal.— Ist, 63
193G *82
Bt.Paul &N. P.—Gen., 6s. .1923 120
971a
98
1900 108
1939 98
1900 IO414
1918 *107
Mort. gold 5s
Bid.
Evans. & Indian.— Ist, cons. .1926
iosii Pllnt & P. Marq.— Mort., 6e. .1920
1939
let con. gold, 5s
1939
Port Huron— let, 5s
letg. 59.. ..1918
Pla. Cen &Pen.—
Oantral l-aciflc— Gold bds, 68, 1895 103
1896 108
Gold bonds, 6a
1897 108
Gold bonds, 69
Br., 6s
SECURITIES.
Ask.
11.
97
7418
Helena&RedM'n— l8t,g.,69.1937
Duluth&Mauitoba— lst,g.63l936
Dul.&Man Dak.Div.— IstOs. 1 937
95
98
101
Cceurd'Alene— 1st, 6s, gold. 1916 *
Gen. 1st, g., 6s
1938
Ccnt.Washiugton— I8t,g.,6s.l938 *
72111
Norfolk* West.— General, 6s. 1931 121
62
New Eiver, 1st, 63
1932
105 110
Imp. & Ext., 6s
1934
3914 40
Adiustment M., 78
1924
II212
Equipment, 53
1908
108 >«
Clinch Val. 1st 53
1957 "9'i"
122
Eoanoke&So. — 1 st, gu. Ss, g 1922
82
1071s 107!%
Scioto Val. & N. E.— lst,43,.1990
ICO 102
Ohio & Miss— 2d consol. 7s. ..1911
64
65% Spring.Div.— Ist 7s
1905
90 100
General 5s
1932 *93ia
80
84
Ohio River RE.— 1st, 58
1936 ''....-.
*
'100
Gen. g.,5s
1937
9514 Oregon & Callfor.— 1st, 58, g. 1927 •96
95
73
9858
Oreg. Ey&Nav.— Col.tr. g..53.1919
>107
Pan. Sink.F'd Subsidy— 6s, g. 1910
101
112
Penn.-r.C.C&St.L.Cn.g.4ia9A1940
IIOI3 112
Do
do
Series B...
llOij 112
P.C.&8.L.-l3t,o.,78
190C •115
IO8I4
106
95
.
Pitts. Ft.
lie's
102
•90
i'o'5
W. &
"s's"
103
95
102
C— lat, 7e...l912 •139%
2d, 73
3d, 78
Clev. & P.— Cons.,
s. fd.,
1912
1912 130
78.1900 117
1942
132
Gen. 4isa, g., "A"
Ch.St.L.&P.- lst,con.5s,g...l932 109%
1221s
St.
291*
109i«
771a
'S7^ 90
L.V.&T.H.— let,6s.,7e.lS97 -110%
1898
1898 •109
Gd.K.il.Ext.— lst,4ia3,G.g.l941
2d, 73
2d, guar., 7s
Peo.&E.-Ind.B.&W.-lst,pf.7s.l900 •116
Ohio [nd.&W.- Istpref.59..iy38 114
Peoria & Pek. Uuiou— 1st, 63 .1921 112
65
2d mortg., 4I23
1921
Pitts. Cleve. &T0I.— 1st, 63.. .1922
100
117%
101 la 102
114 116
Pitta. & L. Er.— 2d g. 53, "A" . 1 928
125
Pitts. Mc. K. & Y.— Ist6s
1932
95
96%
114
Pitts. Palnsv. &F.— 1st, 53.. .191
108
Pitts. Shen.A L.E.— let.g.,58.1940
109
Pitts. Y'g9t'n&A.— 1st, 5s,con.l927
104 10438 Prea. & .Ariz. Cent.— 1st, 63, g.l916
llllj
111
2d income 63
1916
"si"
97
Rich. & Dan v.— Debenture 6a. 192
'""*'
112 117
Equip. M. 8. f.,g., 5s
1909
•102%
Atl. & Char.- lat, prof., 78.. 189
22I2
do.
Income, 6s
1900 •90 105
Wash.O.&W.— lst,4s,gu.oy.,1924
100
Rich.&W.Pt.Term.— 68,
•do
'97, tr. roe.
Kio Gr. Junot.,l3t,guar.,g.,53.1938
Rio Grande So.— 1st, g., 5s... 1940
St. Joa. & Gr. I8.— 2d iuc
1925
82
108
& Omaha^lst,
L. A. & T.H- 2d prof.
Kan. C.
•92%
80
70
53. .192
78.. 1894
104
1894 101
1894
Bellev. & So. 111.— 1st, 8s...i89G 111
*
Bellev. & Car.— 1st, 6s
1923
'611a
Chi.St.L.&Pad.— Iat,gd.g.5sl917
•80
St. Louis So.— l8t, gd. g. 4s. 1931
1131s 116
do
2d income, 53. 1931 •72%
1932 •80
Car. & Shawt.— Isl g. 4s
10215 St. L. & 8. F.— 2d 6s, g., cl. A.lOOti 110%
101
102 103
Equip., 7s
1895 100
92
101
General 5s
1931
74% 75
1st, trust, gold, 53
,....1987
6814
Consol. guar., 4s
1990
Kan. City & S.— 1st, 6s, g...l916 '9'0
106
113
107
120
St.
2d m.ino. 78
Dividend bonds
Ft. 8.
•90
&
105
97
1151a
112
100
123
121
106
138
130
105
123
111
llOis
"id"
81
105
113
l227e
109
101
101
105
102
106
108
641a
100
1917
St. Paul Minn & M.— 1st, 73.. 1909
2d mort., 68.
1909
Miuneap. Union- 1st, 63
1922
Mont. Cen.— lat, guar., G3..1937
lat guar. g. 59
1937
45's
Eaat. Minu., Ist div. 1st 53.1908
San i'rau. & N. P.— 1st, g., 5a. 1919
South Carolina -2d, Ga
1931
80. Pac. Coast— 1st, guar., 4.s. 1937
rer.RB. As'u of St.L.- lst,4 las. 1 939
Texas Central— lat, 8. f., 7s. 1909
125
1st mortgage, 79
1911
Texas &New Orleau3— l8t,7s. 1905
Sabine Divisiou, 1st, Gs
1912
Third Avenue (N.Y).— lat 58, 1937
135
Tol. A. A. & Cad.— 63
1917
Toledo A. A. » G'd Tr.— g. 68.1921
Tol. A. A. & Mt. Pi.— 63
1919
Tol. A. A. &N. M.— OS, g
1940
Ulster & Del.— 1st, con.,6.,53. 1928
Union Pacillc- let, 63
189G
Ist, 6s
1897
85
90
1st, 6s
1898
Collateral Trust, 63
1908
821s
Collateral Trust, 5s
1907
106
Kansas Pacillo— let 6s, g. ..1895
1st, G3,g
1896
C. Br. U. P.— F. c, 79
1895
Atch. Col. & Pac— 1st, 6s.. .1905
1271a
Atch. J. Co. & W.— 1st, 63... 1905
112
U.P. Liu. &C0I.— l9t,g.,5a. 1918
•-«
,^
112
69
2<lJuortgage 5a
......
107%
103
109%
.,
•115
116%
•114
100
114%
102
•07
101
•97% 98
. .
103
112
97
114ifl
99^
90
103
•107%
•10859
110%
•95
83
106
....••
100
88
108%
100
80
....•a
81
81%
80
104%
Oreg.8.L.c&U.N.,col.trsl.,5s.l919 104
Utah & North.— 1st, 78
1908 •106 110
Gold, 53
1926
70
Utah Southern— Gen., 7e ..1909 101%
Exton., let, 78
1081%
1909 100%
102
VaUey E'y Co. of O.— Con. 63.1921
....>
Wabash— Debenture, Ser. A.. 1939
66 >a
83 '8
84%
871a
90
95
100%
V. B. Bg. -lat, G3...1910
Kansas Midland— Ist, 43, g.l937
Paul ADiUuth— l3t,5s....l93J
St.
90
102
65
114
110
1895 107 108
No. Missouri— 1st, 78
107%
St.L.K.C.&N.— R.E.&BE.78.1895
St.CharlesBr'ge— l8t,G3...1908
West. Va. C. & Pitta.— lat, 6a. 1911
Wheel.&L.E.— 1st. 5s, gold.. .1926 102 106%
1930
ExteusioTi & Imp. g., .5s
92%
For Jntseellaiieoaa.Jt UnUated Boada—See 3d page
preoeiiing.
J
. .
.
.
November
'
THE CHRONICLE.
18, 1803.]
HOI
ABBTRACT FROM RKPOHTM OP THE NATIONAL RANKS MADK TO TIIK OOXPTROIXiS •«FT.
DfOtiU.
JMA«r.
•
f
«
£
N.M.'iiiip«hlre.
Vcriiiout
SBoHton
MaK/>., ntlior ..
Rbodu iHltind.
OonnocUi'Ut...
I Total Dlv.No.1
Ij
f
,
New York CItj'
l»7.0v:9,0'JO
4H
m
Ponnn., other
i Total Dlv.No.2
206
Uti
41
26
307
797
Delaware
WaaalnKton
.
.
Diet. Col., oth.
Vlntlnla
Wo«t
Vlrjrlnla.
I
!
j
I
S
908,600
5,364,845
24,409,166
10,337.946
10.726.482
937.292
15.417,280
6.891.585
74.134.590
1
36
in
2,133,985
18,243,260
3,561.700
2,375,000
252,000
4,656,300
2.800.65U
4,477,90<>
1,814.423
1,186,000
100.000
2.431.9U0
661.997
29,222,81)5
11.133.b-J0
625.180
623,000
541.000
1,241,556
18
350.0tiO
259.350
Alabama
2»
IS
10
919,000
165,000
625,000
810,000
315,495
600,000
901,500
477.000
9S1.26.-
f ClnclDnatl
L
q
2
I
6
•
8
11
2:^3
Arkiwisaa
Cloveliuid ....
Ohio, other ...
Imilaiia
Chli'ii>fo
10
10
72
8»
ftvO
13
10
I.
Wieruuslu.otb.
Total DlvJJo.^
Des Motnes...
Iowa, other...
Paul
Mlnneapolla...
IClnneHota.oih
let. ixjois....
i St. Joseph...
•;
Kansas city...
#
Missouri, oth'r
k Kansas.
T Omabi.
Nebraska, oi h.
North Dakota.
South Dakota.
I Total Dlv.No.6
I
f
7
9
475,000
1,902,216
38.546.133
24.771.051
348.811.840
I
Total Div.No.7
f
700,000
13.820.000
4.800.000
4,931,000
6.668,850
10,700,000
4
11
2.000,000
6 900.000
57
4,5»0.000
142 12.442,100
V
4,150,000
128
9,368.100
33
2,465.000
40
2,610,000
065) 86,145,050
Nevada
S San I''ranciBco.
9 Calirornla,oth.
1 Orepon
r WashiLgton...
2
2
84
41
70
149
282,000
2,500,000
5,675,000
8.946,000
7.876.400
20.277,400
Arizona.......
Colorado....
J
5
..
Utah
Wyoming
Total Dlv.No.8
10tA.it,
V. B.
rOB
BucurcM.
Bds for circ
200,000
855,500
749,66i*
1,75S,214
468.000
1,060.992
501,769
628,875
14,H16,U01
128,000
950,000
1,152.458
856,500
1,750,381
4,a37,339
mittr.
139,701
471,730
40,361
40.000
240,000
44.0:23
90,940
300.813
431,036
22,04
120,538
1,948.392
897,230
4,105,682
12,608,183
10,363,678
14,793,093
93.328
199,946
442,004
45,914
781.192
42,267,>406
504,064
28,''48,290
2,004.719
15,225,115
2,302,82.1
393.946
47,840
257,838
177.268
1,056,433
4,618,7t,0
2,789.220
57,409,136
120,145
997,Oj7
OfdMtU.
101.321!
oT.a:
278,0M
Nl.07.^
183,016
276,179
•
«
748.080
818,034
867.133
00,638
113,707
81,800
102,117
688,333
128,155
380,847
77,870
84,380
18,400
8,718.614 4,990,210
2.706.750
228,000
482,412
197,130
230.410
J ,622.200
4()I.4H1.4>45 9.953.744 S,?76,S30
38,nt:r
6,481,808
589,3301 3,335,681
196,167!
581,748
1.804,3.5>i;
834,1
'
i
137,ii31
11,680
98>,166 1,130,400
885,620
71,330
243,660 1,008,780
88,847
142,000
420,718
02,000
26.300
292,406
2,546,647 2.542.340
6,768,682
88.184,086
10,859,190
7,909,758
604,935
16.679,440
7.324.929
81,820,509
241,842
91.960
258,391
58,459
238,697
10>,271
133. .'iei
42.276
1.224,398
71,275
462,426
483,863
566.592
3,975,511
539,215
1,035,070
2.922.193
30.408.739
23.715,5.58
72,189.039
37,570,572
2,458,(>ll
103,9ni),437 14,014,030
55,821..^75 2,841,614
18.162,564
938,04:
34, 313,31s
1,400,288
6,142.822
24.047,223
1..507,862
819,550
407.0iti',H44 29,106,475
123,268
2,745,722
38.590.024 1,471,193
15.973,906 1,691,712
071,912
12,926,689
854,245
18,650,319
32,931,510 1,319,193
173,012
5,753,317
18,34K.087
841,207
314.156
9.957.089
23.466,183 1.123,074
11,829,236 2,025,212
992.969
23,374.256
290,862
7,086,418
271.734
5,619,095
227.121,851 12.109,809
748,3 IB
6,148,006
13,265,103
12,211,305
17,453,217
49,826,049
3.640
27,3(>6
1,840
44,800
2,970
373.090
9.040
146,540
21,480
39.780
84.930
115.120
836,230
08.24i>
118,133
186,368
138.032 041.804 3.121,306
161,455!
80.748
818.640
61.360 872,710
900.340
7,189
48.51 i
29,836
167,229
135,313 1,003,540
65,919
90.400
46i;44»
669,445 1,868.423 5, 010,87'^
10,304
01,201
•iTl.trii
126,046
85,8621
336,866
208,279
80,786
341.486
131,660
5,86b
258,616
146,998
88,908
230,915
21.218
21,510
181.880
12X,800 1,601,183
764.987
50.315
41,580
81,890
605.513 558,56^ 2,532,408
60.646
41,500.
164,461
27.3201
40,197
964,732
121,843
85,353
576,314
258.732 130.206 1,068,098
1.980,507 2,729,u4tf 7,762,668
557.4t,0 3.336,0o3
815,770
1 15,S59
302,000
65,141
41,000 1,315,000
518,748 208.8;i3' 3.820,036
198,830
591,150
373,076 218,T4>'| 2,517,601
412,097 1,289.847 3,130,207
5,969.880
430,160
473,870 239,932 2.050,057
60,150
74,008 ll3.30i; 1,151.353
60,780
208,074
99.8111
911.371
9..533
125.000
20,262
303.067
55.420
108,509 10.'>.-.,!t)4
593.801
8,005.140 2,420.93U;2,8>i3. .!>;< 24,205.586
i
7,000
118,780
2.170
5,000
9,830
2,082,480
58,580
252,920
15,390
55,750
10,000
26,730
22,950
10.620
2,078,200
33,tf08
0,8UO
295,207 156,434
100,087
17,250
90,293
74,200,
105,009
49,718,
50,928 1,132,921
79,32'.;
23,303
187,320 240,f61l
85,325
52,587
219,590 109,433
140,819
80,724
145,733
92,805
43,097
21.757
45.488
28.559
1,677,872 2,170,lu4
3,929
43,460
148,939
63,049
138,010
398,593
14,70.-'
1,130,610
1,632.025
1,313,437
1,744,552
5,M71.3B9
431,301
27,395.702
1.803.661
403,100
19.940
3,030
49,870
474,030
08,810
2,546,292
164,^6J
930.45:
160.49M
32.844
16.21,0.374
2,263,380
807,468
8,341,034
2,914,001
57,048.124
740.023
303,330
4,953.117
7,roo
31,602
13,908
38,323
1 10.H33
8.282
233.082
19,722
118.620
29.606
15.170
83,630
1,230
71,810
4,860
2,300
73,910
68. -223
360
26,106
568.873
238,100
JUiU'a. UlWt. MVt
154-0 344-9 10-5
ItU't
ttWi
MWt MU't
iWU'a
7-9 14-a ia-8 30-6 93-7
•7
1-0
-7
3-8
-B
UiU':
mv
ItU't
164-0 18-1
61
MU'i MU't
iir<l'a
9-7 16-0 12-9 39-9 94-1 11-8
1,545,536
293.563
1,145,900
367,803
950,853
743,63«
653311
302.473
386.08*
8.704.843
847
71.647
135,883
37306
143.774
389.357
23.708
1,195,77T
60,105
568,851
30,439
18.437,
53,271
17.871
87,106
3.412
30 .900
188,048 2,400.245
6-1
-»
-«
-1
•8
•6
•1
•K
•8
•9
8
131
13
163
36
•9
•8
ai
15
•8
69
189
34
133
88
398
36
66
14
13
6
14
3
33
199 •
416
88
174
SS
1*4
14
20
103
31
•S
•1
•«
•8
1-0
I
1-8
1-0
f>
•8
!»-4
•7
4-1
S
3-4
•1
S-a
•1
•7
DtMfr.bonks
Btaleaute..
G.oolnActrs
3.58
34-T
1-8
1-8
a-«
9-4
r-7
6-8
36-1
9-0
1-8
•7
1-9
3-8
4-B
»-»
9-7
a-«
s-7
I!i-6
•»
11
-e
•4
-4
•8
1-4
•1
•%
11
-4
l-l
-8
•»
•8
•a
1-a
•6
•9
1-4
I'S
30S
-e
•1
1-7
34
1-3
90
1-9
BiLeolnActfa
Ii. tend Dotea
ai
51
3-i
•s
•4
1-7
•1
•e
1
1-7
•1
•1
•1
•B
-»
•1
3-i-B
•8
•8
1-0
a-B
1-8
•«
-«
•e
1-8
1-8
1-4
•7
•1
•1
•1
•1
-4
•1
•1
•e
1-8
-«
-8
•8
•I
-4
•4
•4
•1
S6-X
-6
Nat.bk notes
•e
11
•2
-I
1
•6
Cl'r'gll.exch
11-8
615
•9
1-1
•»
•»
•8
Other rea'eea
l-O
9-6
•I
•9
•«
B
-8
33«
-S
•B
18-u 39-8
•8
•8
6-0
l-f
1-0
»-•
<
»-»
•»
-a
13-«
a»«
1-4
a-6
3-8
4-9
0-1
81
4rb 90
!-«
19 10
9-«
1-7
!«33-0 601-8 lS-5
UiPni. UU'nt ya-na.
1,019 l.Xii -i.l»l
•8
»-o
Totala
191.0.')4
560,805
371,370
i
30-2
dep
107,064
1,348,33«
98,779
6.920
46.194
1.032
6
an
U.8.ctfa.
.in
1
3-e
S. b<l«
"-"».»3«
844.513.019 12.140.883 44.018,480
iTila.....
10.516.417
130.174
64,080 250A47,
463,360
764,468
8.724,486
312.808
21.845
438.000
29,422
30i»,047
100,104,176 3,475,072
774.700
680.840 413,385 3.068,087
62,571.231 1.31K,017
333.690
343,080 549,040 3,804,AM
104.H92.().-.:i
9.832.139 2,100,380
000,872 2,070,813 6.464,600
40.042.770 2.082.330
287,438 488,635 3,803,e«4
661,600
110.710.877 4.407,888
864.870 833.031 4,338,100
601.930
770.074 086 34.306,361 49,800,020 8.807378 0,827,9 .4 59,973.062
•4
Oth.U.
M
§3oi
6-7
Btks, bda.Ac.
L4g.lmtMn
TVwuurv
frUJIe'lu
016 238.871.42411.705.4-^2.984 13,874.778 2,171.041,088 102881953 71,050.180 12,190, ;96 229s9451 118202945
.
ClTHg. A C.
liOans
039.000
1,063.173
1.068.000
l,80t,185
30,491,756
10,310,418
8,9I9.4;8
10.399,764
20,000.365
3,946,197
10.937,157
8.517.620
21,664,663
9,600,340
19.176,564
0,650,320
5,052,257
178.389,073
197,335
705.100
193.000
20.700
935,800
199,600
4,551,265
Okliih'a* I.T
al for
3,004.369
1,298,000
5,941,50';
2,231>,.550
• Montana
•
311.500
717.523
03,410
449,102
404,498
200.891
852,598
294,934
78,338
310,841
134.889
3.609.084
34,150
Idaho
» New Mexico
16,8(^0,009
22.005.508
18.122,227
04,477,520
37.796.586
77,802,282
53.987,212
11.064,201
31.843,680
737 119 009,520
f
093.948
5.807.808
10,584,604
4,272,449
7,810,M30
2,742.748
14,011,290
2,350,372
62,932,780
3,423,506
12,310,394
21,374.539
23.020.417
108.00", 581
3.898,804
3.049.989
5,955,547
4,480,834
5,413,931
1,013.818
1,760.000
7,164,758
4,530.441
1O.OS4.M00
6,112,532
651,000
3,220,283
8.050,00t
6,6.'>2,650
59
620.07 .
45.000
n0l.^30
lll,.^2;<,240
7-i
5
40.000
58,330
2,63.'^,o00
17.046.000
4.400,000
10,634,000
830.000
St.
40.000
l.'i7.618
18.U44.23.i
2'.<,9OO.0O0
4
157
2.609.151
3,100,00<i
23
188
• Milwaukee
^
173.735
266,178
813,029
2,241,!)05
26,889,870
13.447,000
8
428,708
1,909, 16»
238,752
4,783,156
482,000
1,014,800
2,838,306
23ri,65R
179,455
73,132,530
216
IOC
96
738.066
887,600
84,9-^7
1.442,480
32,004,729
2,074,923
5,494,150
13,736,096
15,411.936
3
LUiuots, other.
Detroit.
Stlchlfr'n.other
79.127
024,274
100,780
40.031
460,400
32
Keutucky.oth.
I
1 leimessee
lTotalDlvJ?o.4
2«4,3.^9
270,804.0r8
13,661,860
0.870,618
07,243.884
53.783.803
99,050.630
36.780,979
110,684,883
694,439.734
23
14
LouUirille ....
I
104.7:25,916
7.%,144,684
49,650,000 40.547,592
2.035,000
1,352.000
1.2H2.000
1,550,000
83,344.060 10.866,065
7,07rt,1.^0
14.528.350
^2,4U.^,0OO 13,811.303
10,900,000
6.032.68U
37,742,890 16,486.661
171,531.800 98.088,850
Total DlvNo.3
J Texas
8,760.370
1,007,907
North Carolina
South Carolina
Mleslsaippl
New OrleanB..
Lonlglaua, oth.
8.3S.^,238
208.457398
OeorKla
Florida
r
172,068
171,110
43,004
48,U1,733
22
43
12
Oold
18M.
SO,
etrli/UalM. eerlllteau*
•
18.644.166
193.306
18
Baltimore ....
Marrland.oth.
ortrdrafU.)
19.302.891
38.568.023
niift
Brookljiu
^PlttaburK
T.
54
7,:«0,00()
49
&5 53,100,000
213 46,130.700
&9 20,277,060
84 22.999.370
9.000,134
1,571,167
l,H64.g00
14,331,558
15,535,56H
4,702,072
7,656,836
fi
3AU>iiiiy
_ N. York, other
CS New Jersey..
B PhUadelplda..
i
„
«
«
S
B
J
11.090.000
6,272,500
81
OolHand
tnmtt. (Intl'Q g«ia O. U.
TmHvUuat.
MhIha
£mnu d dli
Burplu*.
Oapilal.
1RD2.
1
•B
•9
-8
t»9-« 3T-1
109
331>
4-4
•8
•7
161
-7
•6
•3
4-« 99-9
19^ 491
33
103
16
34
31
38
40-0 93-7 "9-9 1,689 1,891 3.310
L4aI>IIU<M.
Capital atook
Buplaa fond
Undl. proHta.
CIroulation..
Bvatodep'ra
Daatobanka
OUerUab'aetsla.
93-1
14-8
4-7
3-0
49-7
16
103 •2777
311 '401 »
18
•'.13-0
-s
•B
-«
•6
•4
3-8
•9
10-8 I6-»
13-8
•6
».1-n
9-1
•1
-4
•s
_r»
iT:i'R«|-fl .%1-s 1.1-0
•»
a-4
•5
•»
•8
4-8
1-3
1-8
-4
••
a-4
3-8 as-s 18-«
9-8 13-7 4-S
•8
•4
•8
•1
•3
6-S
1-8
1-7
1-B
-6
1-8
•7
TT-9 ia-0
»T-« 9-1
•9
ir«-«
1
10
8
4-8
4-9
10 7
8'»
4-1
3-6
1
11
349
109
46
•9
-8
8
-8
7
-1
37
8-9 96-8 13-0 10-0
a-9 14-8 lS-8 8-8
4-8
1-9
806
493
-«
•8
1-0
•4
•8
-4
-7
-S
-8
•I'l'O lO-tl
40
-1
»
i
4«ro
1,«S«»
449
i
1301
69
687
930
109
116: 143
97J 1,770
7e> 331
99
99
.S'Jl 3.110
..
.
2
...
.)
.
..
.
.
THE CHRONICLE.
802
[Vol. LV.
Eamxngs
Latest
Reported.
Jan. 1
to
Latest Date.
Roads.
Jttttjestmjent
WeekorMol
1892
1891.
1892.
1891.
Gr. Nor.— Con.)—
Tot. system. October.
..
G.RayW.&St.P. Septemb'r.
Gulf
The Investors' Supplkment, a pamphlet of 150 pages
ewitains extended tables of the Stocks and Bonds of Railroads, and other Companies, viith remarks and statistics coneeming the income, financial status, etc., of each Company.
It is piiblished on the last Saturday of every other month—
piz.,
January, March, May, July, September and November,
and
is
furnished unthout extra charge to all regular aub-
Bcribers of the Chronicle.
The Oeneral Quotations of Stocks and Bonds, occupying
tix pages of the Chronicle, are published on the third
Saturday of each month.
~
RAILROAD EARNINGS.
Jan. 1
Latest Earnings Reported
1892.
to
1892.
1891.
Latest Date.
1891.
S
&W
1
.
.
Wl
.
.
..
Hoos.TUL.&Vv'il. August
Hume.".t'B&Sheu October.
..
2,021.'794 1,868.918 12,664,889 10,770,398
43 964
3 ,518
3 378
15,1000
10.1823
33,274
5,549
2,25
17,5f.l
28.017
33,043
25,009
15,527
118,700
139,665
71.930
55,543
10,584,527 10,063,149
414,225
395.279
3,172,828 3,257,678
Hutch. ASouthn Sentemb'r.
8,166
Illinois Central. July
1,468, 380 1,501,856
43, 148
Ind.Dec & We~t. October. ..
38,463
In.&Gt. North'n 4thwltOet.
130. 031
168.454
tinteroc. (.Mex.) Wk Oct.22
27, 900
32,913
41.430 1,608,547
Iowa Central.. IstwkNov
37. 537
Iron Railway.
October. ..
3, 805
3,001
29,787
40, 151
J'k'nv.T.AK.W .Tuly
39,826
506,863
8,'758
KanawhaifeMich IthwkOct.
11,077
304.575
Kan C. CI. &8p. IthwkOct.
8. 544
8,497
267,074
K.CF.S.&Mem. IthwkOct. 141,160s) 160.847 4,111,940
K.C.Mem.&Bir. Ithwk Oct
34, 160
41,289
902.695
Kan.(\Wy..%NW October. ..
34, 663
32,516
280.967
11 ,720
Keokuk & West. IthwkOct.
13,113
331,362
L.Erie All. &So. October. ..
8, 486
7.785
68,065
101, 720
102,018 2,937,313
L. Erie & West. Ithwkuct.
46, -48
Lehigh & Hud-. ictober. ..
36,302
380,049
Lehigh Valley.. August
1,548 ,771 1,528.442
7, 656
15.191
L. Rock A Mem
372,755
2d wk Sep.
Long Island
92, 263
89,356 3,788,002
Ist wk Nov
I,ouis.& Mo.Riv. .luly
38, 910
42.053
243.9511
56 111
Louis Ev &St.L. IthwkOct
51,928 1,228,894
Loulsv.&Nash- 4thwk Oct. 667, 410 651,«03 17,881,504
Louis.N.A.&Ch. IthwkOct
92, 549
89.302 2,749,772
Lou.St L.&Tex. 4thwkOct.
18, 29
17,034
531,294
Mauls Lique
October.
877
2,575
80,705
21, 041
Mar. & Nor. Ga. August...
Memphis&Chas. 4thwk Oct.
55, 714
60.475 l,17i'.9r'7
;Mexicau Cent. Ist wk Nov 163, ,68;
156,908 6,«33,67J
82, 879
l.Mex. National. 1st wk .Sov
67,26
3,819,118
63, 500
tMexicauR'way Wk Oct. 29
68,268 2,500,740
37, 294
Milwaukee & No Istwk Nov
38,800 1,435,914
Mineral Range. October. ..
10, 656
13,721
109,537
Minneap.ifeSt.L. October. ..
191,,764
222,503 1,631,03
355. 356
M.St.P. &8.S M. October ..
287,204 2,603,332
Mo. Kan. & Tex.. IthwkOct. 335,,86
370,909 7.917,532
Mo.Pac.&irouM Ist wk Nov 538, 000 567.00U 23,201,000
Mobile (te Ohio.. October
297,,480
348,370 2,708,650
.
Scptemb'r. 240,1911 238.064 - 925,150 1,871,882
AtchT.&8. Fe.. 4th wk Oct. 1,198,629 1,,163 761 30 865,609 28,810,042
555,140 7,089,811
329,011 326.875
St. L. & San F. 4thwk Oct.
67,281
60,192 . 820,855 1,696,850
Col. Midland.. 4tliwk Oct
Agg. totnl... IthwkOct. 1,594,921 ,550,827 40 241,605 37,619,120
592,915
63.727
519,101
58,966
Atlanta & Char* SeptemlVr.
13,401
16.113
Atlanta & Flor'a October. ..
283,395
271,078
30.436
32.789
Ft. August
Atlanta
B.&O.EastLines Septemb'r. 1,954,561 ,810,646 14 644,768 14,184,946
Western Lines Septemb'r. 650,365 512,302 4 603,368 3,095,093
Septemb'r. 2,604,926 ,322.948 19 ,248.135 18.280,039
Total
75,115
81,036
201,779 2,050,^)71
Bal.&O.Southw. 4th wk Oct.
2,«53
2,633
Bath & Ham'nd- August
30,703
38,087
3,369
4,084
Blr.ife Atlantic. Scptemb'r
176,055
151,693
21,495
19,828
Bir.Sh.&Xenn R Septemb'r.
,45',281
55.227
52,277
,546,297
Brooklyn Elev 4thwkOct.
,342,96 H
,660,110
90,6^8
Butr.Roch.&Pitt 4thwkOct. 106,441
477,662 456,573
524,530
,094,468
Bur.C.Raii. is N October. ..
666.075
683,530
77,769
84,473
Camden & All.. Septemb'r.
,295,202
CanadlanPacitic 4th wk Oct. 693,000 65<i,000 17 ,408,003
29.167
18,56V
1,214
3,590
Car.Cniu G&Ch. August
51,615
OctobiT. -.
53,106
8,200
7,064
Car. Midland
544,928
Central of Ga... June
,416.476
Cenlialof N. J.. Septemb'r. 1,343,298 ,271,638 10,637 ,071
785.909
1,475.144 ,610.944 9,639. 723
Central Paciflc. August
7.70'
64.936
6,636
64, 029
Central of S. C. iuirust
133,405
Char.Cln.&Chlc. October. .
115, 142
15,(00
19,040
553.255
Chailest'n&Sav Septemb'r.
34,505
45,663
453, ,481
120. 745
105.852
Char. sum. & ^o. October ..
17.750
22,668
74,443
Cheraw.&Darl.. Septemb'r.
7.922
9,125
57, 022
1.32h
Cheraw.&Salisb August
15,276
976
11, ,548
Ches.&Ohio... IstwkNov 191.708 206.701 8,114, 045
849,979
Ches. <). &.8.W. Septemb'r.
699,661
205,606 210.221 1,602. 522
Chic. Bur. & No. Septemb'r.
225.921 1.570, 392
544,543
223,504
400.057
Chic. Bur. & Q. Septemb'r 4,135.598 ,713.136 29.306. 77(1
Chic.&East. 111. 4thwkOct
110,2CO
91,600 3.389,,763
118. 2«8
Chicago & Erie. Septemb'r. 237,235 232,614 2.0*4,,280
933,330
Chic.Mil.&st.P Ist wk Nov 813,694
,348,827
794,200 27,684,,072
Chic.&N'thw'n- Septemb'r 3,207.880 ,186,213 23,930,,23-2
,656,797
9''1,171
Chic.Peo.&8 L.t IthwkOct.
39.168
3 1,3 ,57 1,083.,503
Chic.R'kL&P.. October. .. 1,915,240 .739,477 15,378,,644
"99,861
Chic.St.P.&K.C. October. ..
495,679 461,453 4.219,A 8
770,057
Chic.St.P.M.&O Septemb'r.
4-24,131
870,831 862,3
6,371,,457
Chic. & W.Mich 4thwk Oct.
50,466
49,734 1,664,,740
,474,975
Ciu.Ga.& Ports. Octot^er, .
6,927
7,530
57,823
59,,069
Cin. Jack & Mac. 4thwk Oct.
20,808
607,315
20.401
587. 005
Cin.N. O. <kT. P. 4thwk Oct,
125,374
1,614,'.;55
149,383 3,510,,138
Ala. Gt South, 4thwk Oct
69,722
74,629 1.447,,764
,563,4l;0
N. Orl. & N. K. itliWkOct
48.308
45,593 1,032 ,07-i
950,822
Ala. & Vicksli. 4thwkOct
24,584
31,553
492, 4.-6
5 5,441
Vicks. 8h. dE P 4thwkOct.
27,464
32,407
440,,767
501.983
Erlanger Syst. 4th wk Oct. 305,452 333,505 6,921 ,259
',153,902
Cinu. J»orthw'n. October.
1", ,417
2.075
2,062
17.«5-<
Cin. Ports. & V.. October.
25.436
25,298
216, ,044
205,560
Col. & Maysv October. ..
1,100
1,081
11, ,910
10,621
Clev.Akron&Co. 4thwk Oct.
30,318
29,443
831 ,770
789,48i
Clev. Can. & So Septemb'r.
95.778
71,992
657,.658
S '0.233
CI. Cin. h &.S.L. 4thwkOct
431.200 451,561 11,966 90S
,425,820
Peo. & East'n. tthwkOct.
47,682
55.159 1,486,471
,395,135
Clev. & Maricttii Septemb'r.
31,128
31,704
241 ,491
254,596
Col. H. V. & Tol. Oetol er. ..
315,206 338.981 2,776 ,946 !,712,S39
Col.Shawnpp&H 4thwk Oct.
28,877
29,522
599 ,869
473,994
Colusa & Lake October.
2,-00
2,400
25,,120
23.735
Conn. River
Septemb'r.
114,2.'i6
102,948
896
824,510
Current River.. IthwkOct.
5.349
4.707
170 ,090
134,172
Denv. & Rio Gr Ist'wk Nov 189,900 172,800 7,739 ,651 '.246,660
Des. M.No. A W. October. ..
41,660
33,670
341 400
274,429
Det BayC &Alp October ..
28,30u
29,050
300 551
375,559
Det.Lau8'g&No. 4thwk Oct.
36.566
40,098 1,030 ,751
,054.901
DuluthS.S &Atl 4thwkOct.
71,056
64,267 1,943; 305
,884,534
Duluth .t Wiuii.. Septemb'r.
10,149
o,652
',438
89,
54,297
S.Teun.Va & Ga 3(1 wk Oct. 126,950 156,032
Elgin Jol.&East October. ..
79,277
72,748
701,602
583,412
Evaus&lrd'piib 4thwkt ct.
10,034
10,594
315,857
298,564
Evans. & Rich.. October. ..
14,285
9,664
Evausv. & I. U. Ithwk Oct.
38,421
34,273 1,065,539 1.010,849
Fitchburtr
Septemb'r. 687,930 648,94
5,556,035 5,195.905
Flint.* P.Marq 4thwkOct.
73,464
88,»'41 2,381,019 2,426,425
Florence
August
2,098
2,086
22,779
27,685
Ft. W. & Rio Gr. October. ..
51,088
56,709
306,888
248,938
Ga. Car'ia .v No August
24,661
7,919
136,358
73,552
Georgia RR
Septemb'r.
130,582 140,11b 1,017,324 1,293,622
Geo. So.«feFIa... October. ..
71.482
69,923
619,790
620.127
Georgefii &
August
3,25f
2.930
30,771
27,912
Gr.Rap &Ind... 4thwkOct.
68,206
73,5 16 2,037,053 2,013.007
Cin. K.iFt W. tthwkOct.
14,423
16,217
413.071
376.072
Other lines
4thwkOct
0.442
6,964
204,911
191.782
Total all liiie<. ithwk Oct
89.071
96,776 2,705,03.T 2,5«0,S61
Grand Trunk
Wk Nov. .) 427,008 420,523 16,732. S36 16,306,200
Chic. & Or. Tr Wk Oct. 2
77,08:)
73.797 3,078. 86.i 2,99 .',710
Dei.cJr.H.&M. WX Oct.2'.)
25,134
24,926 1,000,278
982,956
Great Noith'u—
St. P. M. <fe .\I October.
1,727,448 1, ,601.710 10,685,794 8,833,287
East, of Minn October.
164,501
149,579
995,876!
878,513
Montana Cent Octolier.
129,8451 117,629
983.220 1,058,598
Alleeheny Val.
(
Chicago. Octtiber.
.
Roads.
WtekorMo
&
Nash Ch.&Si;.L. Septemb'r.
N
Jersey ctN Y. July
NewOrl.&So'u.. October.
N Y.C.&H.R.... October.
N. Y. L. E ,feW. August
N.Y.Pa.AOhio..
N. Y.&N.Eug...
N.Y.&North'u..
N. Y. Out. & W..
N.Y Susq. & w..
August
June
October.
..
4thwk Oct.
Norf. &S(nitli'u. deiitomb'r.
Norfolk
&
West. Istwk Nov
N'theast'n (S.C.) Septemb'r.
Nonh'n Central. Septemli'
Northern Pacitic Istwk Nov
Wis. Ct. Lines.
N.P.& W.Ceui.
Ohio &Miss
Ohio River
Ohio Southern..
Omalia&St.
Istwk Sov
IstwkNov
October.
..
ithwk Oct.
October.
..
L.. 8epteml)'r.
341,126
61,737
2,671. 90»
318,907
439,015
3,641.168
233,040
1,283,577
16,635,332
2,385,102
422, 83»
104,9ia
I',307, 059^
6,182, 797
3,562, 801
3,317, ,841
1,471 ,081
120, 661
1,471, 295
1,976, ,875
7,873, ,31921,506, ,000
2.837 j982
47SI.955 3,80-,877 3,372,,071
1S8,,335
175,183
31,,8'29
27,9
137 SSO12,,717
14,876
108. 4t0
,87- 4,173,66 37,681,481 36,172,,094
1,289,
2,677,,501 2,946,2t)8 20,255,363 19,550,,584
418,,127
644,,70.i
Septemb'r.
1,481,586
28,643
489,322
267,499
259,115
3,895,747
964,751
245,010
699,624
58',907
4S,355
100,049
96,,2! 6
163,,93
32,,292
226,,241
34,,982
650,,070
632,,415
123,,248
755,,863
397,,323
22,,225
60,,951
47,,39s
15 -,124
182,943
44,736
625,919
653,244
1<)2,'291
755.535
404,958
20,336
60.60.
48,513
426,632
4,636.74b 4,.532 716
2,906,004 2,918, 416
4-8,840
431 338
2,904,456 2,543 758
1,277.059 1,218,,550
321,068
8,339,173 7,688, 74»
466,74u
546, 009
5,219,435 4,979, 824
21.106.039 21,034, 20O
4,971,145 4,403, 217
26,077,384 25,487, 448
3,497,456 3,517, 069
635,706
524,637
421,82,!
Oregoulujp. Co. Septemb'r
347,,012
2.935,623
Penusylvrti.ia... Septemb'r. 6.098,,024 6,1 59,55' 50,59b, 75^
Peorial)ec.&Ev 4th wk Oct
20,7a2
719,137
26,,145
Septemb'r.
Petersburg
36,031
413,941
37,,561
P lila. Ai liiie... Septemb'r. 538,,W77 503,796 3,800,025
Phila. & Kciiil'g. 8epl<imb'r. 2,164 ,923 2,124,961 16,853,319
CoaKtlrouCo. septemb'r. 1,902,,649 2,348,269 16,893,432
Total both Cos. Septemb'r. 4,067,,57:i 4.473.230 32,746,78
Lehigh Valley. August... 1,548,,770 1,528,442
Pitts. Mar. &ch. October.
4,592
3,,96
32,791
Pitt.Sheu.&L.E. October. ..
39,,425
35,284
325,962
Pltts.&West sy- Istwk Nov
44.4
42,,612
2,039,484
Pitl.Younir -^cA. Septemb'r.
141,,462
161,979 1,115,256
Ft. Royal <s Aug. August
15,,9!)9
25,518
146,578
19 ,169
\'l Roy. &W. Car. August..
26,476
172,665
Pres.iSArlz.Ceu. July
13 ,09«
16,830
74,496
yuiucy O &K.C. October.
25 626
25,817
226,707
Rich.&liau.sya. July
947 430 1,107.020 6,986,98b
Rich. <v Pe^ersb Septemb'r.
28, 5^)2
25,294
267,113
Rio Or. South'u Istwk Nov
15 ,568
570,033
8.738
Kio Gr. Wesi'u. Ist wk Nov
41,600 2,241,836
36, 500
Sag.TuscolaJiH October. ..
103.387
13 ,894
12,062
StL.A&T.H Bs itbwkOct.
45 ,470
44,860 1,232,583
bii.lj.Keu'etitSo. October.
3 ,493
29,201
3,360
St. L.Southw'rn. Istwk Nov
105 ,900 ll'<,300 3,732,027
247,541 1,724,881
St. Paul&Oui'th October. ..
246,.621
S.Frau.JiN.Pac, IthwK Oct.
34 651
36.653
742.080
Saudersv.& leu October. ..
838
1,004
5,.568
San An I. & A. P. June
107, 037
137,830
6.39,196
52,8'20
sav. Am. & ivlou Septemb'r.
50, 709
373,350
Silveitou
October.
13 ,200
17,390
7b, 957
Sioux City & N o. oeptemb'r
41 ,200
33,073
303,197
South Bouud
October.
22,,669
South Carolina. October.
136.,000
185.072 1,099,867
.
.
587, 916
476, 685
355, 693
3,104, 613
49,527, ,125718, 075
399, 348
3.803, 053
15,970, 414
14,012, ,8b2.
30,582, 698
37,470
274,962
1,930,955
942,531
243,133.
262,669
75,018
215,546
7,705,829
250.216
232,8002,191,198
89,468
1,171,35»
19,730
3,697,760
1,487,907
739,169
7,575
722,276
357,070
100,010
311,301
.
So. Pacific
G,il.Uar.&S.A Septemb'r.
Louis'a West..
Morgau'sLi&T,
N.Y.r. &Me.v.
Tex. &N. Orl..
Sept*Mnb'r.
481,358
94.68"
499,608
30,971
143,031
Scptemb'r.
Septemb'r.
Scptemb'r.
Allauticsys.((. Septemb'r. 1,'273.967
Pacitic system August
3.558,274
Total or all.. August
4,593,055
Coa8tDiv(Cal.) August
251, -j98
August
August
New Mex.Div August
e(ru.Div.(Cal
619,403
147,693
Arizona Uiv.
...
Uu.& Col.
Septemb'r.
septemb'r.
Septemb'r.
Septemb'r.
Septemb'r.
9,876
93,96
7,231
114,057
111,622
S'^ptemb'r.
Octxiber. ..
225,679
20,239
IstwkNov
T«x8.Val&N.W October. ..
lt.7,777
4,5 19
Tol. A. A.&.\.M. October. ..
Tol. Col. & inn.. 4th wk Oct.
106,504
8,59S
Tol.&OhioCeut. IstwkNov
Tola O.Cou. Ext Septerub'r.
I'ol. P. A West.. itiLWkOct
Tol.8t.L.&K.C. 1st wkNov
45,981)
1(.,434
Spar.
Stateu Isl. R. T
8tony01.&. Mt..
Suiunut Branch.
Lykeus Valley
Tot'l both C'o's
Touu. Midland..
Texas
&
1,386,439^
Co.—
Pacitic.
78,6'29
25,011
45,680
451,312
102,198
473.846
30,771
154.689
,233,392
,540.071
,516,257
267,030
608,307
156,786
88,58 7
l.,150
105,2S9
7,234
109,24i
70,Oj4
179,218
21,736
186,521
5,452
8i,431
10,63 )
37,d02
3,226,792 3,174,235
75o,321
716,946
3,641.475 3,780,624
154,846
168,186
l,22o,703 l,179,b24
9,091,945 9,083.310
33,01S,966 23.,571.788
30,330,944 31.416,706
1,472,259 1,434,256
5,0»6,332 4,271,824
1,2.-)8,881
1,283,993
681,8'27
656,027
99.380
80,869
831,313
840,919
48,887.
51,916
946,769962,876
689,745
793,434
1,636.512
1.761,310
166.869
157,546
5,528,483 5,910,88937,638
10,171
854,589
922,<46
283,384
283,650
l,37i),7i9 1,262,869
16,8;ll
27,070
44,413
821,152
1,b51,699
796.686-
1,656,59a
.
NOTKMMI.K
.
.
.
.
!
THE CHRONICLE.
1892.]
r.',
KanuHiit RrporlrH,
I.u lrtI
K(IAI>9.
Jan.
I to
Laltit Date,
WetkorUo
St!i)t«>iul>'r.
Si-ptoiiilVr.
Or,,-.
I..
A-
I
.
N. AlltfllHt
03:i,.t44
:l7;l.^44
Or.Kv AN. Co. AnifUHt
X-a.
IT. I':ir. r>
5l(U43
\Mk'nnt
liwkOot
1,'llSt
:^'llst....
(
I'.r.A I..I,
il
.
Vllk-lltit...
r-ii.VHf.'^
38.0,9!
lOl.'Ji?
1
WnbMh
4i;:i.J.>j
.Vllk'list
Va & Pittc.
& L Krie
Col. & Aim
274.200
Hepteiilb'r.
12.0S4.0rti»
1.873,i(l7
1()0,(H3
1.H51,32H
i.ino.-ir.s
1)21, )47
Octobfir.
.
Atiuiist
Ootolior. ..
:)il wk (Jet
Wi'dt
July
Wheel.
I
wk Nov
at
Wll.
liiemu'r
Wrltrlit9V.ATeii.iSe|ileiub'
16'^,0^3
1)1,713
3i),4l0
102,000
8I\100
30,143
2tl,952
61,569
6,552
!>l),;il3
!'(>;•.
3i),t30,
303,3.14
(i!)0
90,!)'.;.')
711.400
2,8ti",06«
1.574
176,640
1,334,260
66,8901
S68.998
6.26S
50,078
1!
24.213
2.031.212
87.300
I.IIIO.OS
678.012
61.S8U
Hitnres cover only that part of mileage located In South
lEarniuKs (riven are on whole JaokgonvUlo Southeaatero Carolina.
Syatom
* ?'"'"'"«» '"^ tttrUm, etc., not glTenaeparatelr- JMexloan
eurrencT
•
For the
week
November the 23 roads which have
reported results, show 065 per cent gain in the
first
of
thus far
aggregate.
Chesapeake
1892.
A 8t.
Paul.
Denver
Klo Orande...
Grand Trtink of Canada..
LonK Ulaod
Iowa Central
Uexicnn National
Milwaukee A Northern..
Hexicau ieiitral
i^-
Mo. P«. A Iron Mt
Norfolk A Western
Northern PaotHc
191.708
813.694
ls9,900
427,006
92.263
37.937
82.870
37,294
163.687
538.000
226,241
632,tl.i
Wlscon.sin Central
123.248
42.61
A Western
Plttsbiirs;
Bio (Jraiide
Inertcue.
Deereate.
S
A Ohio
Chlcat'o Mllw.
1891.
.i
Houthem
206.701
794.200
172,800
420,^23
99,356
41,420
67,265
38.900
l."i6.908
9
14.993
19.494
17.100
6,183
4,293,663
Our
final
JulT 1 to Got. 31...
Toledo A O. Cent. b. Sept.
Jan. 1 to Sept. 30...
July 1 to SepU 30...
H.738
p. e.)
$
6l.3Mr
411,84»-
99.778
39,185
657.698
530,233
18^.flM
384,478
316,194
77.448
127.287
132.072
30.344
913.633
934.036
369.919
328.277
201,836
101.740
3,453.133 2,113.394
812,'>88
484..V)7
954.603
841,400
333.927
387,083
444.922
360,450 •162.261
•108.331
3,271.115 3.110,582 •1.132.688
•855,374
538.877
210.9.'}0
503.79a
167.830
3,800.035 3.803.098 1,091.611 1.400.000
135,343
121,163
60,813
33.491
047.902
889.101
871.87.1
316,971
93.303
96.931
49,397
47,188
742.080
739.169
355,967
286,S4»
364.741
373,010
167,636
181,085
168.156
136,158
64.109
50,971
1,183,351 1,076.446
400.700
37 .',871
462,610
414,041
186,714
195,377
given are after deducting taxes.
given are before deducting taxes.
After deducting other expenditures far repairs, replacements and
general expenses, net income applicable to interest oil bonds in Sep*
tember was $103,974, against $63,359 in 1891, and for Dine montba
$817,756, against $450,448.
—
^InUr't, rentals, die -^ '-Bat. of
1892.
1891.
1892.
"i',8l'3
"6,830
.^,100
12,4(X)
2t«,744
Koads.
A West Miob.. Sept.
Jan. 1 to Sept. 30...
Det. Lans. A Nerth.Sept.
Jan. 1 to Sept. 30...
Chic.
$
$
26.798
212,386
26,241
236,490
tfet
$
21.473
208.031
26,241
336,490
Eariu.—,
1891.
I!
34,789
182,933
13,077
280
39,924
203318
13,008
33,438
5,091
8.478
1,267
10,500
'2,739
156,737
27.969
ANNUAL REPORTS.
128,768
New York & Northern
statement for the fourth week of October coTers 74
1-31 per cent loss in the aggregate.
(^For the year ending
and shows
ith week of October.
81.587
899,209
34,199
336.404
103,264
39.318
236,770
96,139
'
'26',8'2'9
44,42.i
4,321,632
roads,
U.bchs.bAng.
Jan. 1 to Aug. 31...
San Fran. AN.Pao.a. Oct.
Jan. 1 to Oct. 31...
20'.957
118,300
186,521
20,000
37.502
44,413
274,200
24,213
Total (23 roads)
Set Increase (0'6a
.
8t.L. A.AT.
43,298
105.000
157.777
25.091
4^.98P
49.680
263.700
26.952
. .
.
173.992
1.304.S38
71.992
report charges tor interest, &c., with the surplus or deficit
above or below those charges.
'29,000
lS2.i)4;<
& Pacllle
A. A N. M
Toledo A Ohio Central...
Toledo 8t. L. A Kan.Clty.
Wabash
Wheeling A Lake Erie
Ann
.
Jan 1 to Sept. 30...
Uiulsv, N. A. AC. .aSept.
Jan. 1 to Sept. 30...
July 1 to Sept. 30...
Mexican National.. .Sept.
Jan. 1 to Sept. SO...
Philadelphia .« Erie. Sept.
Jan. 1 to Sept. 30.
fret MarHtH0t.
.,
1802.
fSfll.
»
"i'.im
6.779
41.60(1
Tol.
ni«v«L Can. iL So.b. S«pt.
Jan. I to Sept. 30...
July 1 to Sept 30...
D«L Laos. A Nor. aSept.
.
Interest Charges and Snrplas. The following roade, in
addition to their gross and net earnings given above, also
15,614
653,244
102,291
1.5.56S
36.5'
Texas
A
.
1801.
3,883
"2.9d7
567.000
.
Rio Grande Western...
St. L. A Sonthweatern..
Oron Bamingi,
Roaiti,
«
Chlo.
W. Mloh...aR«pt.
304,303
Jan. 1 to Sept. 30... 1.470,446
a Met earnings here
b Net earnings here
-^
wetk of Xovembtr,
lf<
19.
1803.
8;U,'J!I4
l8twkNoT, 363,700
Jcrspv
W.V.Ceii.APlttK
WestfTii of Alii.
Wp-t. .Muryliinrt.
,Wo,it. N.Y. APii
Wi'rtl
November
l.TimisTn l3.n4i:Mii
4,02e;9t4 3,80t!4»0 27, tl.^iit:** '2(l,rwii.ii'>;t
Molilalia Uii
Aiiiriixt
90.872
47,877,
727,U4
4S<!.()1»5
.J/Ciiv. Toil. .V S. Aiik'ii^C
2.78S
23.111
19..'HI(»
2.1;08i
WHO.Al.tV Kiir. Aiiirust..
8,267
,3.537
25,309
2H,307
Jointly owiu'ili .Viu-ust....
06,894
54.412'
77.'>.562
5S'.J..MI
Grand total AiiKUst
4,076.390 3,828.695 27,803.714 2fi,H4ii,34M
Vermont VuUey Meiilelllb'r.
20,8^4
18,588
I52,1.V)
14ii,l.">»
r.'l. I'ont'l.'.l
N«t Earnlniri Monthljr to Utrnt DatM.-TlM tMm Allowing MhowH tho net eamlngii reported thin w«?#k. A full
ilelalM Btatomcnt, Including all roarU from which raontblf
returnii can be obtained, la given odc«i a month In
th«M
oolumnh, and the latent Rtatemnnt of thiH kind will b« r*«nd
in the ChronICT.R of October 22,
The nest will appear ia
the iwoe of
VS^
808
1892.
1891.
/nerea«c.
S
S
«
Deeie4U4
June
Railway.
30, 1892.^
The annual report
of Mr. R. 8. Hayes, President, remarks
that the increase in passenger earnings over the previous fiscal
year was |15,252 increase in freight earnini;s $22,868, increase in operating expenses $41,5«j3. of which $15,611 was
chargeable to passenger service and $28,961 to freight.
The policy adopted by the company of developing local
tratBc upon the main line by maintaining a train service equal
to its Competitors has tjeen continued, and has resulted in increasing the earnings from local main line p.issenger trat&o
S;l,783
the increa.s»'d c )st of the service being $S,S37. The
growth of this traffic is continuous, however, and should soon
be directly profitable in addition to the indirect benefits received
from it at present.
" Local freight earnings have increased 36 per cent ovar the
previous year, largely due to the heavy apple crop of 1891 and
the ice harvest of the past winter. Shipments of apples to
Pier 40, E^st River, during the fall of 1891 amounted to
over
barrels.
The increase of through freight
42,000
earnings is due to the resumption on July 20, 1891, of
freight traffic with the N. Y.
N. E. R. R. Co., but discriminations against this company in the matter of trains, connections and general service during ten months of the period
covered by this report prevented the obtaining of any ojnsiderable share of the business formerly handlel via this line.
It was only at the close of the fiscal year just ended that
proper and satisfactory arrangements were cimpleted with
the New York and New England Railroad for the handling •(
•
*
«
its New York tralHc."
" During the year new stations have been built at Ch'tuncey,
Lowerre and Caryl, and a new station at Park Hill is at
present under construction. The buildings have t)een erected
;
Previously rep°dl24 r'ds)
Atch. Toji. A Wan. Ke Sys.
St. Louis A 8 in Fr. Sys.
Colorado Midland
Bait. A Ohio (iouthwest.
Ohloaeo ACiraiiil Trunk.
Cblcaeo Peorhi A St. L...
Chicago A West Micblgan
5,488.678
1,1»8.«29
329.011
67.281
79.115
77.089
39,168
Cln. Jackson -v Mackinaw
Cln. N. O. A Tex.Pac.5 rds
Cleve. Cln. Cbic. A 8t. L.
20.808
305.452
431,200
47,682
28.877
36.566
25,134
71,056
Peoria
Col.
.k
Kasteru
A Hocking.
Shawnee
Uetroii Lauidntc A No
Detroit Gr. llav. A Mil...
Dulutb S. 8. A Atlantic...
Evausv. A Ricktnond
Flint
A
Pere Miirquette..
Orand Kapids A Indlaua.
Cincinnati K.
A
Ft.
W..
Other lines
iBtern'l AGt. North'n...
Iowa Central
Kanawha A MkhiKan....
Kansas City Clin. ASpr..
Kan. City Ft. 8. A Mem..
Kaa. City Mem. A Blrm.
Keokuk A Western
Lake Erie
A
A
Western.
.
Loul8vlUe
Nashville..
LoulB. N. Albauy A Chlo
Louisville 8t. L. A Texas.
Meniphig ACharlestou...
Mexicau Central
Mexican National
Mexicau Railway
Mo. Kansas di Texas
Mo. Pucitlc A Iron Mt
New York Ont. A West...
Ohio Kiver
Klo u ramie Western
8t L. Alt. A T. H. ..r'ches
St. Louis Houthwcstern...
San Francisco ^ .^o. I'ac.
Texit.^
A
Toledo
Toledo
ToUl
Pacitlc
Col. <K Cincinnati.
Peuriaijc tVesl'u..
(74 roadsi
Set decreased 31 p.ci
50.46ti
4,577
5,419,641
1,1>'3.761
82 '.875
60.192
81.036
73.797
39.H57
49,73 »
20.404
333,565
«
202,433
34.86t
2,136
7,089
133,401
5,921
3,292
"'l89
732
;
404
28,113
20,361
7.477
645
3,532
451,.S6i
55,159
20.522
40.098
24.926
64.26
2.906
73.464
88.04^)
68,20ti
73,596
16.217
6.964
168,454
94,599
208
6,789
1,671
14.423
6.442
180,031
47,481
8.758
8,544
141,609
34,160
11,720
104,720
667.410
92.549
18,297
55,714
236,648
143,514
63.500
835,867
985.000
06.216
22.225
91.700
45,470
187,600
34,651
280,396
8.598
25,011
11.077
8.497
14,585
5.390
1,7«4
522
11,577
"Y.i'i'i
3.319
47
160,'<47
41,289
13.118
102,6 -.8
651.803
89,302
17,i'34
'l9!2'3's
7.129
1,398
2,103
15,607
3,247
1,263
60,475
270,174
15(L604
6g;26S
370,^00
1,036,000
lOO.OtO
20,336
04,500
44,8'>0
4,761
4.<,536
7,090
4,768
35,042
&1,000
3,833
upon pr. >|)erty owned by the New York & Northern Land
Improvement Company, from wliom tlie railr-Md coii>pany teases tho stations and retains option to purchase. In
no other way could funds tie obtained (or this purpoee." * *
"'2,800
* * " The Manhattan R.-iilway has under construction a new
"sij'oo station at 153th Street, which will greatly improve terminal
2,002 facilities at that point.
The completion u( the third track on
37.90H the Ninth Avenue extension of the Manhittan Railroad haa
2.032
1,889
""e'io
193,300
36,653
318,3u4
10,8 lO
2,059
27,070
12,386.713 12,551,393
&
395,969
1
460,649
164,680
&
increased tlic express train connections with that line.
" Default «'a.s made on the coupon of the second mortgage
bonds maturing June 1, 1892, as the earnings of tho ooinoanT
had failed to provide funds to meet the payment thereof. A.
THE CHRONICLE.
804
meeting of the bondholders was called by your directors, at
which a printed report of the condition of the conapany was
presented. A majority of the bondholders appointed a committee to represent them, and to secure a deposit of the bonds
with the Knickerbocker Trust Company, with a view of reorganizing the company. There has been about $3,000,000 of
the total issue of §3,200,000 already deposited, «nd the committee is waiting for further deposits before presentine; a complete plan of reorganization which will preserve equitable relations between all classes of securities."
Statistics for two years, compiled for the Chronicle, »how
the balance sheet was given in last week's issue
as follows
on page 764.
;
OPERATIONS.
1890-91.
1,653,899
12,773,855
Passengers carried
Passenfier.s carried
Tons or
one mile
20tj.035
freislit carried
Tom olfrelalitoarritdojie
7,332,791
mile
1891-92.
1,S93,329
11,680,979
218,510
8,255,183
EARNINGS AMD EXPEKSE8.
1890-91.
$
Earnings—
267,252
201,3S7
14,786
Passenger
Freight
Mall express,
<Skc
1831-92.
$
282.505
433,423
&0
Maintenance of equipment
Conducting tJansportalion
General and taxes
Total
Ket earnings
521,218
66,705
42,545
253,303
50,708
—
65.703
45,419
293,046
63,4sl
457,619
63,569
IXCOMG ACCOUKT.
1890-91.
$
Rceeipis—
Net earnings
70,165
$
63.569
84
5,798
69,367
60,000
Deduct —
Interest on funded debt
Oilier interest and miscellaneous
ConstruoUon
and the
extra weight
cost of
cost of equipment orlered for the years 1891 and 1892 being
§363,140, $30,000 of which has been charged to operating expenses in the last fiscal year." * * *
la August, 1892, the earnings applicabls to dividend upon
the preferred stock contracts being insufficient for the usual
semi-annual dividend of 4 per cent, its consideration was
again postponed until the result of the business of the calendar
year 1892 shall have been ascertained. The managers expect
that earnings for the present year will equal and probably
exceed those of last year, when 8 per cent was declared.
The Memphis Bridge was opened for business May 13 of
tliis year, and furnishes a permanent roadway across the Mississippi River free fiom interruption by the condition of water
in the river.
Statistics of operations, earnings, etc., compiled for the
CflEONiCLE, show as follows
:
OPERATIONS
FISCAL UESCLIS.
A.-JD
1888-89.
1889-90.
1891-92.
1890-91.
OperationsPuss, earned. No....
837,854
860,322
931,982
888,127
Pass, carried 1 mile. 37,917,700 39,260,381 40.453,064 39,932.040
2-34 cts.
Rateperpass.peru'.
2-33 cts.
2-3-2 cts.
2-33 cts
Freight (tons) carr'd 2.lJ8.3i8
2,493.342
2,451,518
2.004,186
Fr'ght(l'ns) car 1 m.3S5.6S8,757 435,077,395 405,362,003 469,978,860
Bate per ton p. m... 0-878 cts. 0-852 ots.
0-844 cts.
0789 cts.
Eurninvs—
$
$
$
$
Passenger
88-1,424
920,034
940,126
929.079
Freight.
3.386,317
3,707,243
3,421,166
3,709,597
Mail, express, &c...
275,826
310,154
341,850
352,602
1891-92.
70,249
Total
4.545.567
3,027,510
4.937,131
3,386,645
4,703,142
3,389,218
4.991.278
3.634,674
1,518,057
60-60
Oper.exp.and taxes.
1,550,786
68-59
1,313,921
72-06
1,356,604
72-i2
131,667
Other Income
Total
side tracks, nesv freight cars
steel rails.
In ad lit ion to the purchase of the 400 cars mentioned in last year's report, the board further authorized a
contract for 234 box cars, 25 furniture cars, 50 coal cars, 10
stock cars, 2 caboobe cars, at an expense of $123,950, the total
224,25(3
14,4.57
413,261
70,164
Total
Expenses
Mainteniince of way,
[Vol. LV.
s93
21,535
INCOME ACCOUNT.
2.«)75
14,689
Net earnings....
P.ct. of ex]). to earns.
1889-89.
1889-90.
1890-91.
158,877
89,510
S
$
$
1,518.057
83,058
1,550,786
60,921
1,313,924
11,803
1,336,604
Totalnct
75,582
5,833
Total,,
Deficit
1,601,115
1,611,707
1,325,727
1,356,604
969,436
-516,924
25,101
1,004.640
1566,414
13,620
24,290
1.030,=41
;467,434
19,360
18,645
1,043,726
1,608,960
1,536,280
8Ur.2,747 def.210,553
1,331,623
sur.24,976
Dediiet—
Western New York & Pennsylvania Railroad.
Interest on bonds...
Dividends
fFor the year ending June 30, 1893.^
Miscellaneous
The annual report of Mr. Samuel G. Da Coursey, the Presi- Kan. City M. & B
dent of this company, together with the balance sheet, will be
found at length on another page, giving many details in regard to the company's operations and finances which could
not well be condensed in a brief abstract of the report in thii
column.
The comparative tables of statistics, compiled in the usual
form for the Chronicle, are as foUowg
OPERATIONS AND FISCAL RESULTS.
1889-90.
1890-91.
' 8 on pref., 3 on com.;
com. H 8 on pret.
639
639
Opefittioiis—
Passengers carried
1,892.023
1,522,867
1,689,546
Passengers carried one mile
29,294,865 31,406,571 33,518,458
2-449 eta.
2-394 cts.
2-315 cts.
Kate per passenger per mile
rrelght (tons) carried
4,602,454
4,362,492
4,433.947
lYelgbt (ton») carried one mile.. .485.958,164 445,981,766 443, 3»2, 206
0-576 cts.
Kate per ton per mile
0600 cts. 0-602 ets.
Earnings—
$
$
$
Passengers
717,534
752.979
775.;)81
Freight
2,799,9.'i2
2,677,695
2,669,901
Mall, express, &c
1-^3,520
131,995
134,274
Total earnings
Exjtenses
3,641,056
—
Maintenance of way, <to
Maintenance of equipment
Conducting trausponatiuu
General
„
Total
Ket earnings
P»r ot. of oper. expenses
to earn.
3,562,669
698,654
563,850
1,225,102
154,985
626,991
507,083
1,158,072
193,033
2,642,591
998,465
72-6
2,485,782
1,076,887
69-7
3,580,156
633,245
478,0(i0
1,093, 02<;
194,029
2,398,360
1,181,796
669
INCOME ACCOUNT.
1890-91.
Jleceipts-
Total
1,076,887
4,074
—
503,540
21,5i>6
17,022
20,836
80,851
43 087
'
632,773
448,18$
Kansas City Fort
pott
& Memphis
86,773
2,358
652,740
529,056
Railroad.
('For the yeai
iiing June 30, 1892.^
The annual report says that "as the crops on the Kansas
City Clinton
& Springfield road are better this year
than they
have been for a number of years, the net earnings should show
considtrable improvement. As for the Current River road,
the present indications are that it will more than earn the
interest upon its bonds. A further considerable eipenditura
has been made upon the road in the way of improvements,
which should be continued
8 on pref., 2ia on
Pacific Railroad.
June
30, 1892.^
The annual report
of Mr. Chas. Scliiff, President, states
that, in comparison with the previous year, the gross earnings
show a decrease of §3,811, or 0-60 per cent. The operating
expenses, including taxes, show a decrease of S129, or 0-09 per
cent. The net revenue shows a decrease of ?3,381, or 2-15
per cent. There were moved during the year 180,0^2 tons of
custom freight, against 146,580 tons the precedingyear, an increase of 33,502 tons, or 23-86 per cent. The numbsr of
passengers carried was 188,653, against 198,812 the preceding
year, a decreaEe of 10,159 passengers, or 5-11 per cent.
"The increase in cotton was owing to the immense crop of
last year, and cannot be looked upon as indicating a permanent addition of business. Tlie increase in the lumber traffic
is due to the development of the lumber industry on the line
of your road. The coal traffic is showing a natural increase,
although last year's coal receipts included §1,480 e.xceptional
earnings. The decrease in general merchandise is to be attributed to the very low price obtained by planters for their
cotton, which has crippled their resources very seriously, and
affected all branches of business."
The statistics for four years have been compiled for the
Chkonicle as follows
EARNINGS AND EXPENSES.
1,181.7J6
-
Total
Sarplus
&
the year ending
CFor
J
T219,984
45,758
22,160
:
503,500
Taxes
Miscellaneous
$
1,181,796
1,080,981
Jhsbursevh^nts
Interest on tlrst mortgage bonds
Interest on real cstaie mortgages
Interest on equipment notes
VS^
1891-92.
$
K»t earnings
Otntur Income
8 on pret., S'a on com.;
t
Vicksburg Shrevcport
1891-92.
639
1,511,461
sur.89,654
Total
Balance
:
Miles of road operated
S
1891-92.
Rcc€it}t^—~
Netearniues
Otherincome
for another year that the property
may be in prooer phjsical condition fcr producing the best
net results. Included in operating expenses for the past year
18 an expenditure of more than $200,000 for rock ballast, raw-
1889-90.
1890-91.
1891-92.
$
176,439
382,938
80,376
$
193.018
350,34»
91,318
18S,«31
366,079
82,9«0
639,753
516,759
036,631
479,417
632,870
478,987
122,994
80-77
157,264
75-30
153,883
75-63
1889-90.
1890-91.
1891-91
$
122,994
633
137,264
131,136
123,5i.7
157,416
198,624
387,699
10,258
182
385,878
8,624
391,789
7,017
393,147
t>,*W
398,139
.267,003
394,502
270,075
401,806
244,390
398,557
199,933
1889-89.
Earninat—
$
Passengers
ISI.551
367,393
73,659
592,608
Operat'gexpens. and taxes. 461,467
Freight.
Mail, express,
&c
Total
Net earnings
P. ct. of expens. to earnings.
131,136
77-87
$
rSCOME ACCOUNT.
1888-89.
Seceipts—
Net earnings
Otherincome
*
'.
131,136
*
152
Proceeds of land sales
Total
Ditbursementt—
Interest on bonds
Interest on car trusts
Miscellaneous
Total
Deficit
*„„
..^l?
163,883
43, 9-o
,
,_
J
II
:
NOVEMBHBlS,
:
:
THE
1803.]
(JHRONllJLE.
AuxUlmy
Wisconsin Coutral Company.
(For the year ending June 80, 1898.^
1H90-01
$1,267,321
1.185
Charff*—
N»t Inter.-' ""
i.'-ri.I<i
'f le.iseil linen
Int. on'
mil oumniUdou)
Interval.
KnKinf.ii... ... i..iUl
Trui'kaxe
nsUU
Ocneinl ctiieuses, etc
$619,913
34,740
6,407
259,408
68,643
111,693
Total
1,237,133
9710,8-13
.MldoelUacuiis
l,280,2Hl
6,019
$1,268,506
Sertiuti—
N>tNo. Pue. roatal
3.^,370
2.^,074
287,lfiU
1891-0'2
Manttngt.
•41.4
1
,
I'ori
I
ri
Carolina.
KlprtUf.
1 :i
10], VM
k
13»,;ii
.
$332,117
$4,300,693
ToUI......
Net Mkrolngs. Central lyitvm
Loss on auxiliary
The receipts and paymeota made by the
March 4 to Sept. 80 wore aa followa:
•348,Ua
$3,744,1M
•.'>73.6M
$llu,OM
oompany from
POMi—
Cw trust notes
$378403
Kail notes
('ou|H>us
Ilobokcn property, notes and Intaroit
Interest
Commission, sale of O. S. B. bonds
Kent of roads
Note Central TrustCompany
Atlanta land
( omiiensatlon, special master. United Stateji Court
Compoiuailon, Attorneys Kowsua U. Clarke
65,5."S3
105,491
$1,203,523 $lll68,568
$6d,5S7
$64,983
Total
Surplus
flyiltm
Upn.
Poi
Tho Btatemrnt of earninRS od the Wisconsin Central Lima
given in the Northern Pacific reports should by no mennn
be taken as the iiiconio of the Wisconsin Central Conipany
The annual report of President Abbot of the latter company
will 1)0 found at Ronio length on subsequent pa^es of the
Chko.vici.!'. tdL,'. Ihri- with the balance sheoi as of June 80, 1802.
A coiiiiKii^iiivi' >.i.it<'inent of the income account in the past
two years U as folUiw»:
WIS. CENT. CO. AND WIS. CKMT. lUL CO. CONSOUDATBD tKCOMB A00OC!<T,
8U5
108,468
308,000
40,400
iao,13«
10,100
238,620
131,600
20,480
SOO
8,000
$1,235,402
Ktteivtd—
Ramlugs
Bills
poyablo
$456,573
628,100
!
1.084,673
$170,819
For comparison a statement
Central Railroad & Banking: Company of Ucorgia.— Mr.
H. M. Comer, President and receiver of this company, has
issued an elaborate icport on its condition and prospects, towith a
from
Sether 4th, 1802,stateiwent of earnings and payments hands
[arch
wbtn the company first went into the
given of the business done
during the corresponding months in 1890, being the largest
business over done by the company during the rume p riod.
And from March 4 to Oct. 1 there was a difference in favur of
1890 of $553,372 gross earnings and |2 17,220 net earnings.
Mr. Comer says
" This is accounted for mainly by the great depression ia
bustnesB throughout the entire country served by our lines,
by the unusual lateness in crop movement this year, by the
of a receiver, to Sept. 30th last-
accidents to the tunnels, hereinafter referred to, and in part
GENERAL INVESTMENT NEWS.
is
In his remarks, dated Nov. 4th, Mr, Comer says: "The by tae increased competition from rival lines. Expenses have
future of your Company, as stated in the report, depends been largely increased during the past four months ia order
very greatly upon wliat financial arrangements can be made, to improve the roadway and to do necesmry repairs to rolling
and the general business of the country served by its lines. stock. On taking charge of the property I found the track
The principal difficulties are the large floating debt and the and shop forces had been reduced to less than half the usual
amount of money required to put the property in condition number of men, and in the shops this small force was permitted
to obtain the greatest economy of operation, both at a time to work only six hours a day. Reduced to tliis point no imwhen general business is very greatly depressed and con- provement could be made in the roadw.iy. Indeed it could
fidence shaken. Assuming, however, that the floating debt, not be kept up and its condition was steadily declining, while
car trust and real eslite notes, and the tripartite bonds ma- repair work was rapidly accumulating in the shops.
"To add to our other difflculties, on May 19 the timliering in
turing January 1st next, and the amount estimated by your
General Superintendent as necessary to be expended within thetunnell tunnel through Coosa Mountiin, on the Columbus
the next two or three years in order to obtain the greatest & Western branch of the Savannah & Western R^ad, caught
degree of economy of operation, can be funded at five per on fire, causing the earth and stone from above to fall in, filling
cent and that business should resume the proportions of the the tunnel to such an extent as to render ordinary repairs imaverage of the three years ending June 30th, 1891, the result possible. After carefully considering the matter it was determined to arch tho tunnel throughout with brick. Before this
would be about as follows:
$1,918,373 work was fairly begun the tunnel tbroush Oak Mountain on
Flzel charges, other than tiiparlite bonds
the same road also gave way. These difficulties have been so
serious that the work on them has not yet been completed. Be"The following items funded at 5 per cent
Tripartite bonds
$4,999,000 sides the interruption to, and consequent heavy loss of, business,
5,232.025 it being no more than five months since a train passed over
Floatinsdebt
427,340 that section of road, it is estimated that the cost of repairP»st-<lllP coupons
138.00O
Past-due lutorcst on certlScates of indebtedness
two tunnels will approxi872, 439 ing—I might say re-building the
Eciuipiuonc notes, in which l» inclndert Interest to maturity
287.035 mate $200,000. I am pleased, however, to say that while the
Ecal estate notes. In which is included interest t» maturity.
4,575,000 work has been pushed forward as rapidly as possible, a full
Additious and Imp'm'uts, recouimeudcd by Oeu'l Supt
having been kept at work night and day, it has
$16,581,739 force of men
826,586 been done in a most substantial manner, and it U not at all
Funded at 5 per cent the Interest would be..
probable that they will ever again cause trouble or expanse.
$3,744,9(>0
Total fUed charRes would be
"A large portion of the roadway, particularly the branch
184,731
Deduct income trom iurestments
lines, were found in very bad condition, requiring many
more than the uaual number of crossties and some ()ortions
Net fixed charges, to bo obtained from operations of
property
$2,560,228 sadly in need of better rails. To meet this in part, early in
Avcrane gross earniugs of the combined roade for the 3
July 10,000 tons of new 63J^-pound rails were purchased,
1m!H, not including Macon &
years ending June 3i
about 90 miles of which are beiog laid on the main line beNorthern Railroad. lur> miles, and Chattanuuga Kome &
—
,
,
$6,586,095
Coluuibus Kailruad, 138 miles
"It seems reasonable to suppose that with the property put
in good condition, as contemplated in the report of the General 8up>'rintendent. that it could be operated and maintained
for 65 per cent of gross earnings. This would give ntt earnNorthern
ings from combined roads, estimating the Macon
Colnmbua to earn only
RR. and the Chattanooga Rome
operating exx)enses:
Net earnings
$2,305,133
474,533
AveraKO net earnlogi Ocean 88. Co
23,243
Average net earnings of bauk
&
&
$2,802,914
Total net earnings
"Condensed these
figures
show
:
Net earnings
fixed charges
$2.8 2,914
2,560,228
$242,685
Balance
Tables are given showing the entire operations of the property -under toe receivership from March 4 to September 30,
1892.
The totals for the various portions of the property are
given as follows
Expemti
Oentrnl System—
Earnings.
Central Railroad
$830,735
$1,260,735
Augusta .V .'Savannah
81,805
120,010
«oulli«. si.ru
484,92'<
470,533
137,579
Moutmnii.iy A Eufanla
138,968
Mobiles Girard
100,365
97,621
6S0,36(i
Savannah A Western
651,454
Savannah A Atlantic
24,887
22,415
Macon A Northern
7,525
7,641
Steamsbiiis
Bunk
1.190,285
8,979
1,030,991
8,254
.
$3,968,576
$3,395,037
tween Savannah and Atlanta, 8 miles on the Augusta &
Savannah branch and the balance on the Savannah Grifiin
& North Alabama branch of the Savannah & Western.
The terms upon which these rails were purchased were
$60,000 cash, the balance in six months, paymenti lieginning
Nov. 15, 1892. This will permit tne removal of the worn
56-pnund rails to the branch lines to replace lighter and
badly-wom iron and steel rails."
Denver & KIo Orande.— Chairman Geo. Coppell of this
company has just returned from the West. He reports the
company's coal traffic very active and retarded solely by the
scarcity of cars. The heavy movement of grain has kept all
of the road's connecting lines busy. The earnings for the first
three months of the fiscal year are ^430,000 over and above
The Denver & Rio Grande
all interest charges, taxes, &c.
board of directors, after the annual stockholders' meeting
held at Denver, reorganized by the re-election of Messrs. Geo.
Coppell as Chairman and E. T. Jeffery as President of the com-
pany by unanimous vote.
The Chairman made an address at the stockholders' meeting in which he said :" It is of course a cause of regret to
the management that the financial condition of your company has not warranted a distribution of some part of the
earnings to the preferred stockholders, but you will remember
that our last annual report pointed out very plainly that wo
closed the year 1891 with a comparatively large amount of
tmfunded debt. That debt, incurred in completing the work
of standard-gauging the line, was in excess of the amcuats
which had been provided from time to time upon estimate*
of cost of the work. Surplus earnings, tlierefore, of the part
year could have been devoted either to the payment of divip
THE CHRONICLE.
806
dend on the preferred stock or in reduction of floating debt.
The floating debt was costing the company in the way of interest far more than the rate of dividend which your directors under the circumstances would have thought it wise to
pay; and therefore your board decided to apply the earnings
m the manner stated in the anaual report, a decision whioli
we doubt not must meet the approval of all stock bolders who
•re at all familiar with the conditions which existed. By the
report for 1892 you will see that the indebtedness has been
considerably diminished and it is well to state that with the
good earnings of the months of July, August and September,
•vre have been able to reduce the amount of unfunded debt today (October 18) to something like $160,000. It is to be hoped,
therefore, that, with a continuation of good business on your
Une, the surplus earnings can be apBlied to dividend purposes
early in 1893. The completion of the Rio Grande Southern
;
Boad, in the early part of the year, has contributed materially to our earnings for the country it traverses being entirely tributary to the markets on this road, we have all the
benefits of the connection without any direct charge upon
[Vol.
and more
especially of those upon which there has been a default in the payment of interest, shall combine for their mutual protection and for the enforcement of their juat and legal
claims. The bonds at present in default are named as follows Georgia Pacific Railroad Company consolidated second
;
Columbia & Greenville Railroad Company second
Danville & Western Railroad first mortgage 5s,
Asheville & Spartanburg first mortgage Ss, Clarksville &
North Carolina Railroad Company first mortgage 6s, Oxford
& Clarksville Railroad Company first mortgage 6d, Richmond
& Danville consolidated mortgage gold 63, Richmond & Danville debenture mortgage 63, Richmond & Danville consolidated mortgage 5s.
mortgage
mortgage
5s,
6s,
—
Railroads In Massachnssetts. The following have reported
ending September 30 to the Massachnssetts
R. R. Commissioners
for the quarter
:
^Boston a Albany.—.
;
VB."
—
Manhattan Elevated. The following new directors were
elected by the stockholders of the Manhattan Railway Company this week G. P. Morosini, George Bliss, of Morton,
Co. The diCo., and Donald Mackay, of Vermilye
Bliss
rectors re-elected were Jay Gould, George J. Gould, Edwin
Gould, Russell Sage, Samuel Sloan, J. Pierpont Morgan, R.
M. GaUaway, Frank K. Hain, Simon Wormser and T. C.
&
Eastman.
For the year ending Sept.
80, 1893, gross earnings were $10.908,579, against $10,174,935 in 1890-91; net earnings, $4,943,C90, against $4,566,905; interest on bonds, and rental, $1,963,743, against $1,916,080; dividends, $1,809,000, against $1,680,Total
>OO0; surplus, $1,179,946, against $970,826 in 1890-91.
passengers carried in 1891-92, 215,122,575, against 200,745,718.
All the foregoing figures in 1890-91 include the Suburban
Railroad for four months only.
,
Vitchburg.
.
1891.
1891.
1892.
S
S
^fi
2,510,965
1,806,632
2.583,959
1,834,100
3,872,497
1,242,484
2,008,388
1,362,424
704.333
749,859
630.013
16,191
645.964
14.310
704,333
220,490
749.859
129,936
646,204
355,119
660.271
354,815
483,843
GrOBS earnlugt
Ojier»ting expenses
1892.
$
619,923
Netearolngs
Other Income
Ttal
:
&
LV
Iat.,reBtal
and
taxes....
Burplus
Old Colony,
1891.
1892.
291,035
305,429
^Oonneeticut River.—
1891.
1892.
$
$
2,454,739
1,505,466
2,656,415
1,727,324
$
308,234
182,939
$
332,234
201,910
Net earnings
Income
949,273
14,518
929,091
160,431
125,295
11,738
130,324
19,132
Total
963,791
436,935
1,089,522
449.085
137,028
27,322
149,456
32,412
526.856
640.437
109.706
117.044
Grose earnings
Operating expenses
OtJier
Int., rentals
and taxes...
Surplus,
Railroads in
—
New Tork
State.
—The following roads have
Minneapolis & St. Louis. Th^ receiver of this road reports reported for the quarter ending September 30.
the Chronicle that on October 1, 1892, after paying
^Buff Roeh. <t Pitts -, ^Wett. N. r. « Penn.~.
1891.
1891.
1892.
1892.
coupons due in January and July, 1888, on the improvement
^
s
$
£
and equipment bonds there remained available in the treasury Gross earnings
740,357
849,658 1,027,098
962,435
^900,000 in cash and $250,000 in other assets. On the same Operating expenses
491,301
693,088
626.378
691,868
date the past-due coupons, including interest on the incomes
Net earnings
329,010
249,056
257.790
336,047
since the principal matured, aggregated $1,966,955, of which
4,7il
81
0*erincome
5,937
$958,700 were coupons of the improvement and equipment
to
bonds.
Through a misplacement of type in the September issue of
the Investors' Supplement an error occurred respecting the
outstanding amounts of Minneapolis & St. Louis common and
preferred stock and first mortgage bonds of 1907. Correctly
stated the common stock is $6,000,000. the preferred stock
$4,000,000 and the firsts of 1907 $455,000. To any one at all
(familiar with the securities of the company the error, by a
transposition of type, was quite palpable, but the publishers
have received so many communications about it from careful
readers of the Supplement that it seems worth whi e, even at
this late date, to thus mention it in the Chronicle.
New Tork & New England — Meriden Waterbnry &
—
Connecticut. A report from Boston says: The proposed lease
of the Mer. Wat. & Con. Railroad to the New York & New
England may not be consummated. A bill in equity on which
the Supreme Comrt of Suffolk County has issued an order of
notice, returnable in Dec, has been filed by Paine, Webber &
Company, who are stockholders in the New York & New
England, and the court is asked to restrain the carrying out
of the terms of the lease. The plaintiffs allege that the
Meriden Waterbury & Connecticut road is insolvent, and
that a majority of the stock has beea purchased by three
New England road, who, it is alleged, will be
benefitted personally by the lease.
•directors of the
New York &
—The
annual meeting of shareiiolders of the New York & Northern Railroad was held
rthis week and about 48,000 shares of stock were represented.
The following directors were elected: George Coppell,
Thomas Denny, H. F. Dimock, E. M. GaUaway, G. G. Haven,
E. S. Hayes, William Mertens. O. H. Payne, George W.
Smith, William C. Whitney, C. T. Barney, all of New York;
J. J. Belden of Syracuse and A. M. Billings of Chicago. The
annual report is given in another column.
Northern.
254.993
"179.965
Surpliu
262.571
*174.650
329,091
il61,817
tl65,590
75,028
Total
rentals and taxes
I«t.,
336,047
87,921
167,274
170,457
Inoluding Interest ou floating debt an4 extraordlnar.v expenses.
1noluding interest on real estate mortgages and equipment mortgages, ioteiest, dleoouut etc
*
1
^Alb.
it
Susn., c*c~,
1892.
$979,206 $1,114,796
595,179
570,627
1891.
Gross earnings
Operating expenses
Net earnings
Interest, rentals* taxes.
$384,027
288,268
$95,759
8iu:plU8
-New York
1891.
Net earnings
Interest. rentalsA taxes.
aro.ss earnings
Operating expenses
Net earnings
Interest, rentals
Burplus
Saratoga.—,
li
1891.
$544,169
$445,503
29s),929
28.f,-66
244,240
Can.—.
1892.
it
1892.
$862,516 $850,681
417,013 415.179
$435,502
296,866
161,637
133,636
^Stolen I. Rap. T.—.
1891.
1892.
$293,813
253,533
Gross earnings
Operating expenses
Surplus
^Rcns.
$303,467
195,671
$38H,211
190,191
$382,191
206,018
$40,280
77,315
107,796
77,537
193.020
65,929
176,175
59,810
30,239
127.091
116,385
def.*37,035
^Del. L.ilW. Leased Lines—. ^Syr. B. a K. F.-n
1892.
1891.
1891.
1892
$235,887 $248,377
$2,146,553 $2,446,774
124,275
115,727
1.077,772 1,214,135
& taxes.
1,068,781
589,582
1,232,639
602, J49
120,160
44,905
124,102
44,903
479,199
630,390
75,255
79,197
Tennessee Midland.— The syndicate of St. Louis capitalists,
owners of tho Paducah Tennesse & Alabama Railroad, who
in May last purchased from the Virginia Construction Company, of Richmond, the Tennessee Midland Railway, extending from Memphis, Tenn., 135 miles in the direction of Nashville, have completed the construction of the thirty-mile connection between Hollow Rock and L?xington, and on Sunday,
New Tork Stock Exchange New Secnrities Listed.— The the 23d instant, the regular schedule of through trains between
statement of securities listed this week will be found on page Memphis and St. Louis via Paducah went into effect.
^
The new owners are now perfecting their arrangements for
«10,
the speedy completion of the Tennessee Midland to Nashville.
Oregon Paciflc. The extension of time allowed having ex- The citizens of Davidson uounty, in which Nashville is sitpired for completing the purchase of the Oregon Paciflc. sold uated, will, on the general election day, November 8, vote on
under foreclosure Jan. 20, 1892, the Circuit Court of Benton a proposition to subscribe $350,000 to secure its completion to
County, Oregon, has issued a decree for a new sale. The order that point. Many of Richmond's most prominent capitalists
.allows thirty days from Nov. 2 in which the former purchasers
are interestea in the mortgage securities of this company, it
may pay into Court the sum bid, $1,000,000.
having been originally projected and organized by the late
Richmond & Danville.— The committee of "underlying T. C. Leake, Jr., of that city. Col. A. S. Buford and Mr. R. L.
bondholders in the Richmond & Danville system" is com- Tray lor are the Richmond representatives on its board of
posed of gemtlemen prominent in financial circles in Balti- directors.
ruore. ThiB committee has formulated a plan of action, and
Western Union Telegraph.— The directors of the Western
invites the co-operation of all bondholders who may be inter- Union Telegraph Company met Thursday and declared the
Their
ested
this general plan is outlined in the advertisement expected scrip dividend of 10 per cent, payable Dec. 3.
published elsewhere in the Chronicle. They remark that action was taken under the authority granted at the recent
after careful investigation they have coniluded that it is ab- meeting of the stockholders, when it was voted to increase the
solHtely necessary that the holders of these underlying bonds, capital to a hundred millions.
—
—
;
:
NOVEMHER
THE CHRONICLK.
12, 1892.]
t^evoxis
807
A
and Oocumettts.
Induced the Jameatown
Franklin Itailroa'l (^)tnpany to r*oonsider the terms it had propoaod, and a new lauie of thai
road waa made on June 1, ISM, on t«niw mora favorsbU to
thfa company than under the prerloiu laaae. The reiMirsl of
this lease has caused the building of tbe link atwva referrad
to, to remain in abeyance for the present.
Tbe matter of grMe oroasings In the City of Buffalo ia OM
which haa received coniiiderabliB attention during the year, oa
ANNUAL REPORT FOR THE YEAR ENDING
tbe part of the several railroad companiea interested and th*
oommiaaion repreaenting the City of BufTalo, but no deflnita
JUNE 80, 1802.
plans have yet been decided on.
The statement of tonnage carried shows a net gain of orar
To the Stockholders of the We»t*m New York dk Penniyloania
71,000 toni, notwithstanding a falling off in the tonnage at
Railroad Company/
anthracite coal, salt, ore and crude oil.
The loss in shipments of anthracite coal, as shown in the
The Board of Directors submits the following report for the
classification of tonnage, is only 43,000 tons the real Iom, how*
fiscal year ending June 80, 1808:
For infornintion in detail aa to the funded debt, the miieage ever, from April (when we began to feel the (liver^ion of this
of road owned and operated, and the earninKS and expenses traffic, by reason of the Anthracite Coal Combination) to June
for the year, reference is made to the reports of the Auditor 80, 1893, is 81,000 tons. This difference is accounted for by
the fact that, up to April, there had been a large gain in thia
and OenernI Superintendent.
The Auditor's report shows that of the thirty millions of tonnage.
The falling off in shipments of salt is due to the fact that tbe
capital Atock of the Company, consisting of three hundred
thousand shares of the par value of one hundred dollars each, total output has not been so large, and to the extension of the
Qeneeee & Wyoming Valley liailroad, a connection of the Delthere ia in the treasury of the Company 110,269.550 (X).
aware Lackawanna & VVestern Railroad, from UreKgsville to
Compared with the fiscal year ending June 30, 1891
Beteof, by which the Delaware Lackawanna & Western RailThe fcroBs eamlnKS rhow an inrreate of
$17,487 12 road has secured a portion of the tonnage from tite Retaot
Tbe operating expenses abow a drerease of
87,423 3S
mines. Though this tonnage is smaller than last year, the net
ThlB (Increase tn expenditure U larKAly aocoiinteil for by
revenue per ton is larger, as the direction in which this freight
the IncTviwied earnings of our cqiUpmont, which are cred-'
C'oDdnctlne TransportatlOQ," aod, further, by the
ited to
was carried, enabled the transportation to be made atasnoaUer
WESTERN NEW YORK & PENNSYLVANIA
RAILROAD.
;
:
lower (oat of fuel for locomotlTes.
Thu Increase In net earnings above operating tiptnm
amounts to
104,900 67
The net luooinc, afternAeiUictlng taxes, Interest on real
estate luoitKaKOs and Interest on equipment notes, Is. ...t,032,.'SS.'i 62
An
8O,S60 85
inertiutot.
The payuieiiu charged
stock amount to
to bett«rments of road
and
rolling
137,097 93
Ad«i«<wof
94,43199
Durluif tbe year over $54,000 00 was charged to operating cxiWDsc*, whioh could properly have been charged
to th>ttennents.
payniciits for
The
first
payment
for new equipment notes
I'ayable muutbly, maturing as follows:
Tbe bnlancc duo
In 1892
In 1S93
In 1894
1895
1896
1897
1898
Is
,
$69,913
2Ol.^R6
201,586
154,307
137,992
128,105
61.623
12
40
40
57
30
13
12
No new equipment was ordered during the year, but certain
equipment purchased in 1891 was received during the year
1892, and tbe notes given in payment are included in the
above statement.
The replacement of old and worn-out wooden bridges by
new iron and steel structures continues to be a great tax upon
the earnings of the Company. In the aggregate the bridges
built during the year cost $76,998 76, of which about one-tbird
was charged to betterments. There are now under contract
for the year 1892-93 thirteen bridges, involving an outlay of
$95,000 00, and those that will have to be rebuilt during the
ye»rs 1893-5 will, in round figures, at present prices for matean expenditure of $150,000, including the
rial, require
masonry. The bridges erected this year, and those contracted
for, have been purchased on very favorable terms, owing to
the low price of material.
Prior to November 1, 1893, in pursuance of the law of the
State of New York, we will have to equip a large number of
freight cars with automatic couplers, at a cost of sjiy $25-00
per car. We have about 4,600 cars yet to be so equipped, involving an outlay, in round figures, of $115,000. Your Company is practically without any resources, other than its net
earnings, with which to meet the above mentioned and other
requirements, and this report shows tbat ail of the net earnings, save only some $30,000, have been expended for new
equipment and betterments.
The negotiation for an exchange of property with the New
York Central & Hudson River Railroad Company and the
West Shore Railroad Company, referred to in the report for
1891, has been concluded on terms mutually satisfactory to all
parties, and since April 25, 1892, we have been runninK our
TOssenger trains at Buffalo into the depot of the New York
Central Railroad Company. The facilities afforded us have
been as good as the overcrowded condition of the said depot
will admit.
The management of the New York Central Railroad Company promises increased facilities by the enlargement of its depot in the near future.
The Real Estate mortgages at Buffalo and Rochester, outstanding in 1891, were $353,304; these have been reduced to
Tlie interest on these mortgages was running at
from five to seven per cent, but arrangements have been made
whereby the interest on the major portion of them will be reduced to 4J| per cent.
The old lease of the Jamestown & Franklin Railroad for
that portion of its road which forms a connection with the
Western New York & Peimsylvania Railroad, between Oil
City and Stoneboro, expired on October 31, 1889, and, as the
terms exacted for a renewal of said lease were not Considered
favorable to this company, it was suggested in the report for
1891 that a roid should be built in the interest of the Western
New York & Pennsylvania Railroad Company, from Oil City
to or near Turner's Station.
Further ne^tiation, however,
$272,804.
is
entirely
due to the depres*
The loss in crude oil shipments is by reason of the larga
yield of oil in the McDonald field, near Pittsburg, and the
building of pipe lines from that region to Franklin and Oil
City, by whiiii the McDonald oil was brought to those citiee
and sold at a lower figure than the oil produced in our
The general depression
362,326 43
139,607 49
952,104 03
iwtfiisr of
In
In
In
In
The decrease in ore shipments
aion in the iron business.
territory.
now equipment notes, and
on new equipment amount to
An
cost.
throughout the territory
Pennsylvania Railroad
and its connections, and the consequent shutting down of the
furnaces and mills, caused our iron tonnage to
much lower
than it otherwise would have been; and, for the same reason,
our lumber tonnage does not show the increase hoped for.
Much damage was occasioned by the fire and flood of June,
to property on the Pittsburg Division, principally between
reached by the Western
in business
New York &
m
Titusville
and
Oil City.
The
details of the
damage, which
involved a direct lo^s in property of about $43,000, and
also an indirect loss of business, estimated at not less than
$32,000, are given in the General Superintendent's report.
The business of the two cities principally affeoted by the
fire and flood suffered materially, but we are encouraged to
believe that, with few exceptions, the industrial works will
be rebuilt and in many instances greatly enlarged, so that in
the end our business from that section will l>e fully restored.
Notwithstanding the lower rate of freight on bituminona
coal for a portion of the year, the average rate on the entire
tonnage of the road has been maintained, and we are encouraged to look for an improvement in soft coal rates during the
coming
year.
Attention
Western
is
called to a description
New York &
of the nroperty of the
Pennsylvania Railroad Company and
valuable connections, which was recently printed in the
of Buffalo, and which is reprinted in this report as of
interest to the security holders of the company.
its
News
The loyal and efficient services of officers
gratefully acknowledged.
and employees
is
For the Board,
SAMUEL
G,
DeCOURSEY,
President.
WESTERN NEW YORK & PENNSYLVANIA RAILBOAD
CO.
BUFFALO SEWS.
Among the railroads that have aided the material progreea
Pennsylvania Railof Buffalo is the Western New York
roa<i.
This company gives to this city valuable connections
with all the important sections of Western Pennsylvania and
New York. At Emporium, on its Buffalo division, through
Erie division of the
its connections with the Philadelphia
Pennsylvania Railroad, it forms the shortest line between
Buffalo and Williamport, Harrisburg, Philadelphia, Baltimor and Washington. Over its PittsburK division, which
Mayville, Corry
and
runs through Dunkirk, Brocton,
Titusville to Oil City, it forms, in connection with the
Allegheny Valley Railway, a cenvenient route to Pittsburg.
It
is
over its Pittsburg division also, and at
Mayville, that the Chautauqua Assembly Grounds and
tne
various other summer resorts which line Lake
affords one of the
It also
Chautauqua, are reached.
Canada points and Pittsburg,
shortest routes between
West Virginia and eastern Ohio, reaching ihe many iron inThis rood, through its condustries of those sections.
nections in the bituminous coal regions in the Fairmount,
Reynoldsville and Mercer county districts of Pennsylvania,
has contributed largely to the growth of Buff.tlo by affording
ch*ap transp^>rtatioB for bituminous coal. The bituminPennsylvania
ous coal tonnage of the Western New York
Railroad, which was one of the pioneer roads in bringing bi-
&
&
&
:
.!
THE CHRONICLE.
808
tuminous coal from Pennsylvania to Buffalo,
that of any oilier road cenieriuK here. Prior
is larger than
to the building
of the old Buffalo New York
Philadelphia Railroad, bituminous coal brought, in the Buffalo market, $4 50 per ton
for the same quality of cohI which can now be purchased at
at about 40 per cent of that price. This fact alone, by which
the cost of fuel to Buffalo industries has been so largely decreas'-d, emphasizes the immense importance of the Western
New Yoik Pennsjlvania RR, Company's system to this city.
WISCONSIN CENTRAL COMPANY.
&
&
The Western New York
&
Pennsylvania Railroad system
A
FOURTH REPORT OF THE DIRECIORS-FOR THE YEAR
ENDING JUNE 30, 1893.
Office of the Wisoonsix Centea.l Company,
1
J
To « Stockholders
the oj
7-
covers a distance, in round figures, of 650 miles, and reaches
from its two largest terminals, Buffalo and Rochester, down
to the large cities of Western Pennsylvania and New York,
giving valuable connections to trunk lines running east and
west. On its Rochester division the large salt mines at
Retsof, Piffard, Cuylerville and other towns are reached. It
also reaches into the oil district between Bradford, Pa., and
Olean, N. Y. At Newcastle, Pa., the most southerly pomt oa
his road, and which is a rapidly growing town devoted largely
to iron, steel and tin industries, it forms a direct connection
with the Pennsylvania Company's system of lines, with the
Baltimore & Ohio Railroad,and with other lines from the South
and West, for Buffalo and Rochester and the East, including New England points. The large lumber districts
of Western Pennsylvania are also reached. This road, as
shown by its report for the year endina; June 30, 1891, transported 4,362,492 tons of freight, and carried 1,522,867 passengers during the year. Large exTpenditures have been made on
this property during the last four years, in an earnest endeavor to put it into proper condition for the eflacient handling
of its business. The future use of the large terminal propertiea owned by this company in Buffalo will largely increase
the business of said city.
great part of this property is
situated on the City ship canal docks, with a large frontage
on Lake Erie, and its future value in the handling of the
anthracite and bituminous coal and ore traffic with the lakes
cannot be tver-eslimated.
[Vol. LV.
,
,
Milwaukee, October
26, 1893.
)
f
The
directors herewith submit their fourth annual
report,
covering the financial year ending June 30th, 1892.
The ownership by your company of the stocks and iunior
securities of the Wisconsin Central Railroad
Company still
remains subject to the lien of the Consolidated Mort°-ao'e
of
the last-named company, dated January 1st, 1879,
to the extent of 51,533,000 First Series five per cent bonds
and $13,000
Second Series seven per cent (income) bonds.
These out^"'^^ cannot probably be acquired before maturity
*
in ?oJ,',?^
1909, when the Sinking Fund will, beyond any question,
pay them off without recourse to your treasury. Meantime
all net profits of the Wisconsin Central
Railroad Company
come ultimately into your treasury, subject only to the creditor rights of the holders of the Improvement
bonds of 1891
vvhich, as the joint and several obligations of both
corpora-
have precedence over your income bonds and stocks.
securities known to the market
The only accounts which are
needed to disclose their value are the consolidated statements herewith submitted, which show the financial condition
of the two companies as if they were actually and
legally
tions,
The only Wisconsin Central
are those of your company.
inerged into a single corporation. The detailed exhibit
of
the relations existing between these two companies, published
the last report, renders it needless any longer to publish
separate accounts for each company. So far as the rights
of creditors of either company are concerned, each
corporation preserves its separate obligation but the financial
strength of each corporation makes the existence of those
theoretical liabilities of no practical import inca to vou.
So
far as the rights of income bondholders and stookho'liers
are
concerned, the two corporations are a financial unit, and these
consolidated statements furnish complete informition as to
the assets and liabilities of the property which your
stocks
m
;
INCOME ACCOUNT,
Grosf eTTDinRS
Operit.ng expellees
Net
$ 3,5S0,ir5.70
2,3a8.3.:9 84
earniniirs
$1,181,795 86
Deductioes from not earnings as t'ollows:
.
Interest on First Mortgaare Bonds
Interest on Keal Estate Mortgages.
Interest on
Equipment
Taxes...
Interest, Discount
notes.
-....,,.
8'>'772
.,
and Commissfoua"
laln^
n
On
87
2i358 15
Net income.
ASSETS.
Cost of Road mid EquipmentCost of road, franoliises and property. $53,857,158 73
Old equipment account
1 527 139 93
New equipineut account
2.410,378 14
'.
Land In Michigan, owned by Company
Stocks and Bonds, owned by Com-
pany-
Becond mortgage bonds, W. N. Y. A p
RR. Co
:
T..„
495,842 70
Non-convertible income sorip.'looV"
2,010 00
^- ^"-'^ "'^P"*! stock.
^^iS; Ja-^S; shires
x02,69.t56
10 269 556 00
Lackawanna & South Western Rail'" "
way Co.'s capital stock, 643 shares
64.500 00
Kmzua VaUey Railroad Co 's capital
stock, 1,400 shores, of which 1,050
shares are Issued
105,000 00
Haterkd on Sand—
BuppUes in shop stores, fuel and sta'
.
tionery
This increased mileage of
45-59 miles
has been constructed without any increase of your mortgage
debt or issue of any new stock. "The amount of mortgage "lien
80, 1892.
which now remains a fixed charge on any part of your railroad, whether under your own first bonds or those of any of
the constituent companies, is, upon your present mileage, $31,870-90 per mile.
The net rentals received by the Wisconsin Central Com32,794.676 SO pany, as collectine agent for all the
lessor companies, from
5,982 89 the Northern
Pacific Railroad Company, Lessee, was, during
tlie year ending June 30th, 1893
$1,834,155 18
The net income received by your company for the benefit
of the Wisconsin Central Railroad Company and itself
from
all sources
was during the year ending June
.••••
?1,237,153 19
•^V?^u
lotal charges during that year
1,168,566 18
10,937,008 70
th is
129 789 OS
4fi2S'>i oo
ll,'868 22
Individuals and Companies
United States Postofllce Department.'.
".".
79 20
TTnaccrued Interest Included in Eauln-
ment notes
Cashonhand
The net surplus above all charges was
which, added to surplus of June 30, 1891
,„ ,553 27
160,154 57
totil surplus net income on June 30, 1892.
8229,139 03
Since April 1st, 1890, additional equipment has been placed
upon your property at a cost to you, ultimatelv, of §1,159,219 52,
from which, deducting instalments
not yet matured under contracts of
.
purchase
and cost of certain cars furnished
after lease was made, but included
ii't
LTABThlTIES.
;api
First morlgate bonds
Warren & Fraukliu bonds...
$30,000,000 00
Second mortgage bonds
Debenture bonds
Ifisq'iononrn
:::-*^'|gS'2gSSg
19 984 000 on
i..:::":
mIiJOWW
New Equipment Notes, Inoludluginter't
Non-convertible Income Scrip, 19o'7
Interest on First ifort. Bonds—
Krst Mortgage Bond interest
Wmrren & Franklin bond interest d,;
"!
; due
n,„
""""l Interest aberne,? not duo
ctued, It*^';'""'""
390,907 20
225 4';nnn
^''''nSS 50
682 £2
03 333 33
'
^'pa?abK';"c?fp^''"'^^°*"''«""=«'"<"j;
Old Coupon account
ai';s'ra;a'.J!f.««:.^'i'-'^'^«'«"'ii''^"rant'
and Loss
355,669 71
and upon the
road
line of the
Company
Wisconsin Central Rail-
^.157 Q94
'
'
75
203,246 77
which makes a total expenditure since April 1,
1890, for improvements to meet the growing
business of your property
249,465 83
|460,841 53
The heavy expenditure for additional equipment was unavoid-
1,037.790 57
262 50
^"ches?e?..*''""'^''^''''^*"^"*»'»"»°'i
Wages and Suppiiig;''
56—
leaves net cost of additional equipment furnislied
under lease and paid for since it was made
S803,549 81
Tlie directors have built spurs, branches and feeders
for
developing the business and resources of your territory
whenever and wherever they were needed. They have expended for construction, improvements and betterments
since April 1st, 1890, upon the line of the Wisconsin
Central
31,175,000 00
Company
952,104 03
1,977,583 46
S«cond Mortgage Income Scrip
$231,104 15
124,565
$74,867,709 02
Funded Debt—
§88,587 03
160,541 99
•
made
183,853 59
Canipan y from—
Agents and Conductors
Profit
671-70 miles.
636-17 miles.
A"'-r,'VQ'n«---V
April 1, 1890, it was
652,740 24
$529,055 62
GENERAL BALANCE SHEET JUNE
Due
and income bond^ cover.
mileage which your stocks represent waj, on June 30
503 500 01
It'ci 78
43!o87 41
272,804
404,851
105,000
11,138
00
50
00
09
8,290,799 84
$74,867,709 02
able but the necessity for such large expenditure will
not
continue. By the terms of tlie lease, the maintenance
and
renewal of equipment devolves entirely upon the lessee, and
equipment, when once put on the road, must always be kept
^
good as new.
The surplus net income has been used hitherto, in accordance with the provisions of the mortgage of July 1st, 18S7, in
paying for such equipment, so far as it would go. The re;
NovF.MBEn
13,
THE CHRONICLK
1802.]
maindcr of this cost Ins baen tempirarily met, partly oy sale
from til company's flMt mortgtLge bonds in tho trnatiirv
and partly by loans which now constitute the Comimny'H
Such pxpeuditures, however, are oroper for
lloatinK ik'bt.
capitalization, and will, in nc-'ordanco with the policy recomnieniled in the last anniial rt»p'jrt and adopted by you, bo ultimately rouaid out of the proceeds of the silo of Improvomiint
bonds. Tiie current income account will thon bo rcliuvcd
from the burden of payins; tho tlrsc cojt of additional equipment and new construction, and the charge upon income will
bo substantially reduced t ) th!> payment of interest up )n such
Improvement bjiids as shall bo from time t > tima issued for
such bptterui'»nti and improvsra-jnts. Meintime th) Cimpany's floitinj; debt is carried at a rate of interest less than six
"
809
ing* («xolu«iva of Wisconsia Contral lloos)
year ending June 80, IHUt
and for year ending June 80, 1902
wen
during the
|30,l'>l.'>14 Ott
34,661,457 49
showing decrease upon
its 4,488 14 100 miles of..
|490,0M 60
the Wisconsin Central Lanes' Kross earoiogs for
the year ending June 89. 1891. were
$5,24S,718 99
and for year ending June 80, 1802
a,&4S,0«4 18
M
showing an increase upon its 671 76-100 miles of..
299,800
Tho variety of forest products and tho nature of businew ia
your territory, where all sorts of hard and soft wood articlea
are manufactured and where iron ore is mined, shipped and
smelted and where rich farms are cul'ivafd on virgin soil
per cent.
a« soon as the trees are cut and where skilled labor is rapidly
The soundness of this conservative policy is now proved by concentrating, justifies the anticipation of a steady growth ia
the increased earnings which it has brou<ht your property. pro luotivpncss throughout Wisconsin C'-ntral territory which
During the i^hipping season of 1891. i. e., the period durini; is quite independent of through traffic. Indeed, the actual
which the Sault Sti». Marie canal was open to navii<ation, the records of development in the Wiscon^iin Central forest iindshipments of iron ore from the mines to your dock in Ashland grant proves the truth of the statement that a forest landdecreased 4')0,T'37 tons, or more tlian fifty per cent, upon the grant, although slow to become profitable, posesses great staprevious veil r. This caused a direct loss to the lessee in earn- bility of production and yields such a variety of high-priced
ings of $36(5,793 and to your company, in rental, of $13S,377. frcif^ht as makes it, in the end, much more valuable to the
Novortbeless. the gains in other kinds of traffic within your carrier than an ordinary prairie country dependent upon mere
territory made up more than half this loss upon iron ore ship- agricultural products. "The policy, therefore of building spun
ments, so that the actual decrease in rentals durinsr the bad and feeders and making permannnt improvements and tietterseason of 1S9I. as compared with the good season of 1890. was ments whenever and wherever they are required along the
only ^18.97(5 39. Thu present season of 1892 covers such large Wisconsin Central lines, is fully approved by the actual reiron shipments, and is showing such handsome retiurns from sults. It is the sure way to msdce your income bonds pay their
the new spurs, branches and feeders, that the third year of the coupons at the earliest possible day.
lease is yielding more rental than your property has ever
The increasing business of the Chicagio & Northern Pacific
hitherto produced.
terminals, which are fast becoming self-supporting, and are
Tlie funded de'it has been reduced during the past year by now reported by the Northern Pacific Railroad Company to
the payment of $70,000 Minnesota Transfer bonds and of be nearly earning full interest on their issue of bonds, ap$90,000 St. Paul & St. Croix Falls Railroad bonds, when th°y proves the policy which secured to the Wisconsin Central
severally matured.
These mortgages drew respectively eight Company for ninety-nine years the bottom lease and final conper cent and six per cent interest, and are now discharged trol of these terminals and permittel tho Northern Pacific
upon the record.
Railroad Compiny to enter upon their use only as the subIn July, 1831, the purchase of 21,532 shares of Central Car lessee of the Wisconsin Central Company. The importance to
Company stack was consummated, as the best means of ac- the Northern Pacific Railroad of this advantageous location
quiring oivnorsliip of the equipment which was hired from in Chicago furnishfts additional assurance, if any were needed,
that company. These shares carried an accrued dividend of that whoever may in future years own or control the North$14,254 68 and the risht to their proportionate part of undi
ern Pacific property, they cannot fail to appreciate how necesvided profits. They are deposited in the Farmers' Loan & sary to the operation of that property tha^loise of the Wiscon;
;
;
;
Trust Company of New York as special collateral security for
the $2,637.S77 .55 Improvement bonds which were issued in
payment therefor. Your treasury has collected during the
past year dividends upon this stock amounting to 1172,256.
while the interest charge upon the Improvement bonds issued
to pay for them amounts only to $134,393 88.
The Northern Pacific lease, being now in its third year of
operation, enables a comparison, by months, of the rental received under it upon the railroad which is directly covered by
your stocks. To make this comparison perfectly accurate,
the monthly statements of rental, which have heretofore
from time to time been published, have been corrected up to
date upon the system now permanently adopted for computation between til's lessor companies. The figures are as follows
(the rental adjustment for the period between January 16 and
April 1, 1890, being disregarded, as the lease
full operation) :—
1890-1391.
April
May...
Juno
July
August
September
October
November
Decombcr
Jaouary
February
MaicU
$90.37049
108,195 56
103,227 40
109,24157
108,90103
110.572
117.432
98,907
88.156
74.024
83
48
37
80
78
62.52131
81,863 35
was net then
1801-1893.
57
78.728 19
87.808 39
100.450 82
102,418 66
104.546 82
104,21)108
92.324 22
97,502 75
?82,r)3.5
in
1892-1893.
»83.161 39
100.291 sj
124.fil0
l.'J
120.578 97
126,042 10
70.51002
79,924 07
101,427 83
•-.
47
9
The fine earning capacity of the Wisconsin Central system
appears in the rate per mile of gross earnings. Tho road north
Total
$1,151.414 86
SI, 102,438
and west from Neenah, which is directly covered by
yoiu stocks, shows actual earnings, as reported by the
lessee, of $5,093 67 per mile even in tiie bad year ending June
The grand total of earnings on the entire Wisconsin
80, 1892.
Central system which the lessee operates between St. Paul,
Ashland and Chicago shows, as reported by the Northern PaciA
fic Railroad Company, an average per mile of $6,151 65.
comparison of the reports made to the Railroad Commissi onor
of the State of Wisconsin for the year ending June 30, 1893,
will disclose the fact that only one other road in Wisconsin
earns as much per mile as the Wisconsin Central system.
To suppose that Wisconsin Central securities depend for
their value upon the condition of the lessee company is quite
erroneous. Its local territory and its own earnings constitute
During
its chief strength and furnish its principal income.
the year ending June 30. 1891, the freight handled in and
out of Chicago over the \Visconsin Central lines was reported
by the lessee to be a total of 16,839,682 cwt. Of this amount
14,356,672 cwt. were from Wisconsin Central territory and
only 2,4>t2,990 cwt. came from points west of St. Paul and
Ashland. Durinc the same year, 183,021 passengers went
into Chicago over the Wisconsm Central lines but only 18,208
came from points west of St. Paul.
Tiie earnings of the Wisconsin Central system steadily grow,
even although the lessee's earnings may temporardy fall oti.
While the Northern Pacific Railroad Company's gross earn-
It is not only in itself a source,
sin Central lines has become.
of immediate profit to the lessee already, but it is also the
condition precedent to the le.-see's reaching and enjoying
these Chicago terminals.
It is hardly necessary to say (hat the reports which occasionally appear in the newspapers that your company is about to
be consolidated with the Northern Pacific Railroad Company,
and your offices to be removed from Milwaukee or Wisconsin,
are absolutely without foundation. Sue a ideas never had any
existence outside the lively imagination of the writers who
Neither company hus ever entertained it. It
suggest any reason why your Company,
with its compact organization and property and firm hold
upon the terminal system in Chicago, should ever contemplate
any change in its present relation to the lessee. Nothing
eould be more hirmonious or satisfactory than the present
arrangement, and both parties energetisally co-operate for
the common good of both. Your home is in Wi>conain.
Your prosperity grows with the development of that State.
Your instrumentality in that development has been so manifest that, throughout the Stati', you are given the credit of
having been the chief factor in creating values in its
northern half during the past fifteen years. No reason
any respect the present relaexists for changing in
Your property is so located
tion of landlord and tenant.
and your territory already so well developad that ever^
year makes your prosperity more certain. Tlie many kinds
of products which you transport from, and within, that territory, renders your traffic steady in an unusual degree, because
you do not depend upon any single cr.ip or kind of business.
Moreover, the Wisconsin Central Lines are the trunk line,
888-85 miles long, for the Northern Pacific RR., 4,438-14 miles
long. They furnish not only an entrance for it into the best
terminals in Chicago, the clearing-house of all Western railroads, but also the only routa to them wiiich the Northern
Pacific RR. Company, its successors or assig is, can use for
the next ninety-seven years. The most s lid basis for property
ic this country is a sound contract which is protected by the
Constitution of the United States, and cannot be impaired by
State legislation, and can ba enforced in the Feder.il Courts.
Your lease of April 1, 1890, is such a contract. What inducement, then, have you to reconstruct y.iur cellar walls?
The present policy of increasing gross earnings, reducing
expenses and retiring as fast as possible tho residue of outstanding obligations of the original constituent coinpaniea
into your own securities, will be vigoroudy pressed. The result is already demonsiritin? its wisdom. The Wisconsin
Central properties possess no speculative ch iracter, but are
steadfastly mana:?ed by your directors as an investment prop-
evolved them.
would be
difficult to
erty.
Your directors unanimously recommend that this policy, which you inherited from your predecessors in owaership. be continued.
T^he report of the Land Commissioner shows that Iwt year s
sale of lands for settlement was small, because in Wiicoorin
new comers go to the mines and towns full of manufacturing
industries rather than engage in agricultural production.
The slow sale of lands ia more than counterbalanced by tha
•
:
:
:
:
THE CHRONICLK
810
from the iron mines which the trustees of
the sinking fund own. The actual cash received from royalties during the year was somewhat under the average, on
account of the inactive condition of iron mills and the small
amount of mining. The returns of mining during the season
of 1893 do not come into this report.
The directors regret to inform you that Mr. T. J. Hyman
has resigned the position of Auditor and General Accountant.
He had so entirely the confidence of both lessor and lessee
that at the lessee's request he was permitted to aot in the same
capacity for the Wisconsin Central lines, and had a large
share in devising the harmonious system of co-operation now
in force under the Northera Pacific lease. He leaves your
service with the hearty regard of his old associates.
The annexed report of Mr. Ainslie, General Manager of the
Northern Pacific Railroad Company, lessee of the Wisconsin
Central lines, is reprinted for the information it gives about
the physical condition and traffic of the Wisconsin Central
system. President Oakes says in the Northern Pacific Railroad Company's annual report just issued " The Wisconsin
Central lines have been operated by the Northern Pacific during the year in accordance with the existing contract
of lease. The result proves the value, commercially, of
the Wisconsin Central Lines and the Chicago Terminals to
the Northern Pacific." His statement about the Chicago terminals and the aacompanying map, which are here reproroyalties received
:
[Vol. LV.
duced from the Northern Pacific report, sliow the importance
of the rights which the Wisconsin Central Company takes,
as
original lessee in the ninetv-nine year lease of April
Northern Pacific RR. Cjmpaay.
By order of the Board,
from the Chicago
&
EDWIN
EARNINGS.
Net Northern Pacific Rental
Miscellaneous
671'76 miles of road and Its
ectuipment
AVAiL.iBLE AssKTs [not Including the
$36,620,305 72
registered bondsor stoclcsof cousiitueiit companies (which are all included in cost of road) nor any Wisconsin
Central Co. 's securities on hand ]. viz.:
Wis Cent. RR. Co. First Series Mort
Total
$1,237,153 19
CHARGES.
Net Interest on Bonds
Interest on Debentures of Laaseil Lines
Interest.
Exchange aud Commissioas
Engine and Car Rental
Tr.ackaKe Rights
Gen'l Expenses and Exp. Aoot. Operation prior to Lease
Total Charges
Survilus for the
1891
30,
SurplBS June 30, 1892
CO.
& W. RR.
30, 1892.
Capital Stock of both Companies
Wis. Cen. Co., Common. $12. 000.000 00
Less on hand
1 44,150 00
-$11,855,850 00
Wis Cen
$156,000 00
281.525 00
2,718,475 00
RR Common
,
161,150 00
$9,274,350 retired)...
-
4,092 30
" Inoorae" Funded Debt
of both Companies:
Wis.Cen.Co. Inc. Bonds. $9,000,000 00
Less on hand
1,472,833 33
35,000 00
351,000 00
^_
Series
MayaadJune
7,,540.166 67
L's8;onh'd,$734,188 29
81171
C»nc'ld«or,
Cash
19 09
33.870 0«
1
78
40
Wis. & Minn. RR. First Mortgage
Bonds, 7 per cent, due 1910
Fenokee RR. First Mortgage Bonds,
5 per cent, due 1937
Minn. St. C. & W. RR. Terminal Mortgage Bonds. 8 per cent, due 1895...
Mluu. St. C. & W. RR. Improvement
Mortgage Bonds, 8 p. ct,, due 1906..
72
43
4.625,583 90
WlB. CrST. RE. SINKING PtiND AcconsT
$296 12
103,514 17
103,810 29
20,030 20
USPENSE ACCODNT.
735,000 00
$11,265, 003 00
Wis. Cen. Co. <t Wis, Cen. RR. Co. Joint
and several Improvement Bonds
2,637, ,877 55
Wis. Cen RR. Fir.stSeries Bonds. 5 p c,
due 1909 ($2,278,000 retired
1,522 000 00
Minn. St C. & W. RR First Mortgage
Bonds, 6 per cent, due 1915
180 ,000 00
Chippewa P. & W. Ry. First Mortgage
Bonds, 7 per cent, due 1904
150 ,000 00
35,000 00
312.839
354,3"8
17,772
373.976
000 00
Wis. Cen. Co, Ist Mort,
Bonds. 5 per cent.. $12,000,000 00
50,000 00
Improve't Pur-
Material
13,
Funded Debt:
129,080 00
Accounts receivable
$7 527 168 67
RR Second
Income Bonds
($6,687,000 retired)..
43,225 10
Stock
chase Money Mort. Notes, 8 p. ct
Wisconsin Land & Lumber Co. Second
Series Bonds, cost
Interest accrued on above Securities..
Northern Pac. RR Co. rental account
$14,735,475 00
Wis. Cen.
219,500 00
2,476,100 00
33,820 00
0««U
In Land Department
$229,129 02
CONSOLIDATED BALANCE SHEET JUNE
Less on hind
(1,691 shares) cost
St. C.
$1,168,566 16
$6S.587 03
160,541 99
Year
Add Surplus June
$649,912 66
3'), 370 00
25,074 07
2^7,16.5 66
65,552 94
105,490 83
Wis. Cen. Co.. Prefer r'd $3,000,000 00
(2,lol shares), cost
Minn
$1,230,234 36
6,918 83
LIABILITIES.
<3o8t of
& Minn. RR. Com.
H. ABBOT, President.
RAILROAD COMPANY CONSOLIDATED INCOME ACCOUNT
YEAR ENDING JUNE 30, 1892.
ASSETS.
Chicago Wis.
1890
WISC0X8IN CEfTTRAL COMPANY AND WISCONSIff CEffTEAL
WISCONSIN CENTRAL CO. AND WISCONSIN CENTRAL RAILROAD
gage Bonds. 5 percent
Minnesota Transfer Co. First Mortgage
Bonds, 5 per cent
Abbotsford & North Eastern RR. First
Mortgage Bonds, 6 per cant
Milwaukee A Lake W RR. Preferred
Stock {3,475 shares), cost
Milwaukee & Lake W. RR. Convertible
Debentures (*300,00ii|. cost
Cent, Car Co. Stock (2 1;532 shares),cost
Chicago Wis. & Minn. KR. Convertible
Debentures. 6 per cent
<?hicago Wis. & Minn. RR.Iraprovement
Purchase Money Mort. Notes, 8 pet
Chicago Wii. & Minn. RR. Pref. Stock
1,
810 ,000 00
30,,000
00
400,,000 00
215 ,000 00
17,269,877 55
Unfimded Debt:
Unpaid coupons and accrued
Interest
on lionde
payable
Loans, book accounts
Unpaid balance on sleeping cars
Bills
&M.RR. rental May and June.
Mil.&L, Win. RR, rental May and June
Ch
Wis.
Wheeling gravel
pit
$377, 582 00
500 ,478 84
531 ,500 39
53, 497 68
29 822 41
6, ,864 22
1, ,822 25
1,501,567 79
—
Wis, Cen, BR Land Department Sinking Fund Account)
Cash not yet remitted to Trustees
Unmatur'd paym'tsonlandoontracts
i ;147 16
103, 367 01
103,51417
Income Account
Surplus over
all
fixed charges
June 30th, 1892.
$41,360,730 20
>ew York Central & Hadson— Goarernenr & Oswegatchie.— The recent application for listing $300,000 of the
Gouverneur & Oswegatohie Railroad's first mortgage guaranteed gold 5 per cent b»nd8 stated that the company was
organized April 12, 1893, in pursuance of the laws of the
State of New York, for the purpose of building a railroad
from the village of Gouverneur to the village of Edwards,
both in the County of St. Lawrence and State of New York.
The
office of
New York
the
City.
company
The
is
at the
are:
officers
Grand Central station,
Chauncey M. Depew,
President; H. Walter Webb, Vice President; Ira A. Place
Secretary; E. V. W. Rossiter, Treasurer. The capital
stock
g^^jCompany consists of 3,500 shares of $100 each—total,
The bonds are secured by a first mortgage, executed by
the
Gouverneur & O.swegatchie Railroad Company to the
Union
1-rust Company of New York, trustee,
dated June 1, 1892, the
mortgage being a first lien on the said railroad,
extending
from a connection with the Rome Watertown &
Ogdensburl
*^^ '^'"^ffe of Edwards, toth in the
i^rJ2?'*f St. Lawrence
«ounty of o?°t"''^™^'*'' and State of New York, and
also the
^
229,129 02
$41,369,730 20
branches thereof.
The
total length of the road and branches,
about 15J^ miles. The bonds are dated
June 1, 1892, They are in coupon form, of $1,000 each, numbered from 1 to 30(j inclusive. There are no registered bonds.
The principal is due June 1, 1943. The interest is payable
exclusive of sidings,
is
1 and December 1, at the office of the New York Central
Hudson River Railroad Company in the city of New York,
by which company the payment of principal £ind interest is
guaranteed. Both principal and interest are payable in gold
June
&
New York Stock Exchange— New Securities Listed.—The
Governing Committee of the New York Stock E xchange have
added to the lists for dealings the following:
Illinois CENTE4L Railroad.— $5,000,000 additional capital stock,
making the total amount listed $50,000,000.
Tennessee Coil Iron & Railroad —Additional amounts of capital
stock, as Issued, .not to exceed $7,850,000.
New York New Haven & Hartford Railroad,—The Committeeon
Stock List Is empowered to add, as issued, additional
•apital stock not to exceed $799,000.
amounts of the
.
November
12,
THE CHHONKJLE
1802. J
%he (Tommcrcial
Oil
COTTON.
'l^imcs.
Friday, P. U., Nove!Bb«r
IMS.
11,
TUB HOVKMENT OF THB Ubop, m lndlcat«<d br onr t«tl««[raiit
COMMERCIAL EPITOME.
from the South to-night.
this
Fkiday Nioht, Noveiubor 11, 1899,
Operations were tempornrily disturbed this week by Rfiiernl interest tiiken in the Presidential election, but xince that
linn been a renewal of trading; as before tlie interBoth domestic and for.'ign articles are well repreinted in current demand for goods. The marUetiuK of
heat bj farmers is further curtailed, and the accumutationx
Of grain at the West are somewhat modiQed by increasio);
Ii given h«low.
For thp week nndlag
evening the total receiota have reachod 3n.1.ni9 b«le»,
against 398.552 bales lost week and 390,470 baUm the prevlooa
«reek, making the total recAipts aince the Int of Sept., UBS,
1,918,491 bales, against 3,883,747 balex for the
oeriod of
1891, showing a decrease since Sept. 1, 1893, of 85-1,0Se bftlea.
wme
event there
luption.
bipments
to the seaboard.
Weather
permitttni{,
it is
expected
Reports
open
ceived from a large area of winter-whe»t territory indicate
at the Stata canals will remain
until Dec. 10.
e young plant as generally in excellent condition. Cotton
op conditions are looked upon as unfavorable, and increased
iemand from consumers and speculators prevails at advanced
t.
K»e»ipt$at-
Mm.
Sat.
1
Thur:
Wtd.
Tuet.
9,893
8,338
8,636
ElPawi,4ko...
Orleans... 11,861 14.648 18,105
Mobile
926 3,135* 2.483
6,553
7.381
1,0111
813
/H.
IMU.
6,313
1,748
9,199
58,616
5,909
Salvsoton
10,346 15,192
Raw
norlda
Savannab
Brnnow'k.Ao.
ObarlMton
6,004
7.664
8,465
3,153
3,765
4,338
1,857
2.336
1,801
1,703
3,376
5,3)5
3,83*8
Week.
1,
Port Royal.Ae
WIlmlDKton
Waab'gton,<ko
Rorfolk
7,971
119
6,846 41.934
11,349 11.349
1,803
3,580 18.148
3
9,148
"sVi
678
7,348
3,609
1,748
67.743
608
119
80
3,803
4,450
4.118
1,484
3.949
80
3,319
3.401
19.996
18,979
593
1,931
West Point...
Lard on the spot was moderately active and decidedly
683
683
«»wp'tN'B,*o.
market
736
2,466
530
431
300
500
Wew York
me quiet and part of the improvement was lost, closing
1.970
9X7j
745
170
300
388
3,138'
at 9i99'25c. for prime City, 9'60c. for prime Western and Baltimore
3,138
868>
1,444
500
"i's'i
280
""l8
"U7
The speculation in lard Plilladelpb'a,*o
90c. for refined for the Continent.
for future delivery has been more active, and early in the Totalatbliiweek 43.695 51.722 54,553 34.145 39.7551 51.549 265,619
week prices advanced sharply on small receipts of hogs at
The following shows the weeli's total rec-Jipts. the total since
primary points; but subsequently selling by "longs" to realize Sept. 1, 1892. and the stock to-night, compared with last year.
profits and prospects of an increase in the movement of swine
Bloek.
1891.
1892,
Kteeipf to
led to a moderate reaction from top prices, and the close was
BiTice Sep.
ThU Bitiee Bep. 1893
Thit
tTov. 11
1891.
inher during the fore part of the week, but later the
easy.
November delivery
Deoemier delivery
c.
c.
c.
9'i5
8*43
8"20
9'05
8-23
9-50
8-62
8-22
_,
g"
fri.
9-12
8-40
8-12
O-.'iO
8-55
8-20
January aeUvery
815
r
Pork has sold fairly well for export at steady prices, closing
at $12 25@$13 50 for old mess, $13 33@$13 50 for new mess,
$13 for extra prime and $15 50@$17 50 for clear. Cut meats
closed fairly active and firm at 8%i39c. for 10@12 lbs.
average pickled bellies. lOJ^Ollc. for pickled hams and SJ^ig
8^c
extra mess, $6 50@
$7, packet, $8® $9, and family, $9@$U per bbl.; extra India
mess, |13@17 per tierce. Beef hams firmer at $14 per bbl.
Stearine is dull at lOi^c. in hhds. and 10<^c. in tcs. Oleomargarine is firm but quiet at 8f^c.
Tallow has been in fair demand, and the close was firm at 4^c. Butter is quiet but
steady at 20® 29c. for creamery. Cheese is firm but quiet at
for pickled shoulders.
8M® lOMc-
Beef firmer
Galveston...
ElPago,Ao.
New Orleans.
Mobile
norlda
Savannab.
Brans., &o.
Oharleaton ..
1,743
67,743
7,971
119
42,534
11,349
13,148
Royal.Ao
3
vrilmlngton
Waiib'tn.&c
9,148
P.
(forfolk
West Point.
irwptN.,Ao
Hew York.
.
Boaton
Baltimore. ..
Pbll'dera,&o
Totals
*
roasters,
..
58,516
80
;
for State factory, full cream.
CofiFee sold
and
1, 1893.
Week.
04n.T OLosnia priobs of Iulbd nrTDBiu.
Hon.
Tua Wed. TKur.
Bat.
19,996
18,579
683
2.416
1,970
3,138
1,444
1891.
531,780
491,265 58,508
20,762
1,364
433,424 110,944
69,878 11,648
424
3.173
406.013 46,459
67,817
8,633
163,626 23,423
221
120
•79,523 10,112
234
191
109,136 30.304
96,867 19,722
4,09 3.281
4,318
3,148
15,151
8,351
6.864
3,047
6,370
3,987
181.516
134,550
310,578
31,119
315.905
33,885
113.806
5,408
69.049
157,680
16,800
133,068
...«
12,t91
815,859
135.931
6,166
521.439
70,933
259,960
.....
573
.....
83.570
33.070
32,470
40.857
26,606
70,186
20,128
3,375
222.715
30,000
19,539
9,404
676
208,927
130,748
8,999
6,930
23,841
8,683
17,523
306
301.135
16,500
33,109
5,956
26^,6I9 1,978.(>91 3t5,6fiS 2.833.747 1,071.904 1,179,708
bales added as correcUou of receipts sinc-e September 1.
1,097
somewhat more freely into the hands of jobbers
In order that comparison may be made with other year, we
and assisted further by slightly stimulating ad- give below the totals at leading ports for six seaons.
from primal markets, prices advanced. Rio is quoted at
B*eetpUat—
good Cucuta 20?^c. and interior Padang at
Oalv'iiton,ibc
29,^(3 80c. Contracts for future delivery were irregular in
New Orleana
price for a time, but of late the inclination has been upward
Mobile
on influence of less promising crop indications, and the close
vices
1888.
1887.
1890.
1889.
^Uotbers...
60.259
67,742
7,971
43,534
19,148
9,231
19,996
19,262
20,476
59,872
110,944
11,648
46,459
28,543
10.303
30,301
23,006
24,589
45,391
93,765
12,876
49,643
16.408
7,231
19,442
24,186
9,342
41,493
92,900
11,970
56,089
18,834
9,744
26.440
20,771
16,347
25.485
75.209
7,777
44,657
19.841
8.656
28,564
33,634
13,553
43,937
89,734
12,945
41.076
21,582
12.230
28,090
28,451
7.783
rot. tbl« week
265,619
315.668
278,284
391,488
262.369
284.816
1891.
1893.
16>^c. for No. 7,
is
firm, with sellers as follows
Nov
Dec
15-9SC.
Jao
14-250.
I
15'4.'5o.
Bavannab.
Mch
IS'lOo.
15-00o.
14-900.
I
May
Sept
Obarl'st'n.Ao
l4'85o.
14-4SO.
14-25c.
Oot
Raw sugar has secured moderate attention at last week's
prices, with a trifle more steadiness expressed at the close.
Available supplies are small. Refined sugars have declined
in prioe without stimulating demand beyond ordinary trade
wants. Cut loaf quoted at 5^c. and granulated at 4^c.
Molasses and syrups sell well; rice active. Spices slow and tea
securing slightly diminished attention.
Seed-leaf tobacco has been quiet but steady; sales for the
week were 1,050 cases, as follows: 100 cases 1890 crop, State
Havana, private terms; 200 cases 1891 crop, State Havana,
Pennsylvania
seed,
14@22o.;
150
cases
1891
crop,
14}g'dl8i^c.; 50 cases 1890 crop, Pennsylvania Havana, H}4 a
19c.; 100 cases 1891 crop, Pennsylvania Havana, 14<«40c.; 150
cases 1891 crop, Ohio, 8@llc.; 150 cases 1891 crop. Dutch,
13@14c., and 150 cases sundries, 6}^®32c.; also 650 bales Havana, 63c.@$l 15, and 250 bales Sumatra, $3 6O0$3 70.
Straits tin has been less active and prices have declined,
sympathizing with weaker foreign markets, closing quiet at
In20-55@-30-65c. Sales for the week were about 175 tons.
got copper is dull, but about steady at ll-70§ll-80c. for Lake.
Lead is dull and without change of importance at 8-80@8-95c.
for domestic. Pig iron has been fairly active and steady at
$13§S14 for No. 2.
Refined jietroleum ia quiet and easier at 5-80c. inbbls.,
8-30c. in bulk and fi-40c. in cases; crude in bbls. 5-85c.; in bulk
I
April
|
naphtha, 5!^c,
Crude certificates have been dull.
Spirits turpentine closes dull and unchanged at 31c. (d|
S\}4,cRosins have t>een quiet, bat steady at $I-27}^c.(ai
2-8.5o.;
Jl-S-Jijc. for
and arm.
common and good
Hops are
dull
..
:
Feb
strained.
and weak.
Wool is
fairly active
^^
WUm'gt'n,*c
Norfolk
Wt Point, &o
BlnoeSept.!. 1978,69l'2833.747 2680,117 2519.699 2092.109' 2625.161
The exports for the week ending this evening reach a total
of 154,683 bales, of which 95,218 were to Great Britain, 21,460
Below are
to France and 3S.017 to the rest of the Continent.
tie exports for the week, and since Seotember 1, 1892.
aporw
tnm
Wtek WuMne tTov.
moportiitoOontiereat
BrU'n. IVafWi iMnC.
}«lTwton
Veluoo, *o....
ll.MO
4*w Orleaiu..
is,ei8
8.&W
1. 18M, (a yov 11.189S
Bsvorud t«-
rrom Stpt.
11.
Total
Wok.
.
anat
Britain. fyanet
IMai.
38.S0S
30.431
».570
t48.ISr
IU.4M
t«.S79
7t.a9S
us,sor
lt,MS
SslsM
«.9n
147,<MB
isdo
SS.ST3
11.S40
171»,:«7
1.000
i,aoo
S.tIO
14.470
n.7dO
»0.i«4S
e.»8»
4,!I41
.....
Oimtintnt.
IMSO
Mobile
taTUiiuh
aroiuirlok ....
:;hulMtan....
VIlmtnctoQ...
lorfolk
Point...
Wut
I'pon Nwi, Ac
<l«w Tork
Bftltlmnre
Plillii<]elp'a.*c
si.ni
40.418
ia,o<jo
13.000
S3.««
1S.S»1
ia,Mi
61.0B6
31.5SI
T.ISO
87.AT0
8*,881
4.438
7,U71
»8JS
*ao
M.US
lt.S73
13S.700
40.348
1.978
14.333
a
150.011
40.870
IW
i.soo
tS.5»7
48.004
4118
......
7.074
11.578
lO.SdT
tes
8.0M
10.3S7
e,oae
4,617
«.im
•>«
ooa
»JW
2»J0»
18.
m
»JUO
SOS
»5.tl«
tl.4&0
38,017 154,088
710,538 1U.4I1
ies.su l.U7,M4
Total, ISM.... l70.4tT
M.MU
a<,07S Wl,48t
»7«.n5'ia7,4«t
403.S79' t.*4T4H
Total
—
—
In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
add similar figures for
cleared, at the ports named.
New York, which are prepared for our special use by Messrp.
Carey, Yale & Lambert. 24 Beaver Street.
Oh Shipboard,
not cleared—for
The Sales \nd Priobs op Futubbb are shown by th«
comprehensive tabler
Great
aa
00
Other
Stock.
2
•a
»^
§m ml
^oSs* ^wo"
Total.
a
381
13,249
320,101
10,130
11,201
15,000
13,000
3.268
3,800
1,800
None.
None.
800
None.
None.
None.
2,200
7,650
23,000
Total 1892... 173,557
51,114
82,181
Savannah
..
Mobile
Norfolk
New York
Other ports
b;
4,000
34.657
287,875
56,854
>
00
ss
MO
OO
20,210
31,226
334,850
258,264
97,435 26,919
94,171 17,111
844,855
408,344
Speculation in cotton for future delivery has increased, th
bullish feeling still predominating, and a further advance in
succession of unpromising
prices has been established.
crop reports has alarmed domestic spinners and sent them to
the South as more liberal buyers, and that, in conjunction
with a large investing demand, overshadowed and neutralized
the advices of labor troubles in England. Saturday's market
was strong, and on Monday, notwithstanding the announcement of a partial strike among English mill operatives there
was a net gain of 14 points, based upon a disappointing movement at the ports and unpromising crop advices. Tuesday
was a holiday, but on Wednesday 20 points further gain took
place, assisted somewhat by foreign advices, intimating that
the strike would soon be settled through concessions on the
part of the masters. Ye»terday the opening was nervous and
weak, with 10 points decline, but after receipt of the monthly
report from the Agricultural Bureau there was a sharp reaction of 25 points and unusually liberal buying for investment, the business for the day reaching 485,200 bales, the
largest record in the history of the Exchange. To-day, however, the movement has proven even greater, and will approximate 500,000 bales, with 15 points further advance shown;
but under a desire to realize profits there was an easier feeling
at the close. Cotton on the spot has been quiet but advancing,
and closes 9-16c higher than last Friday, middUng uplands
being quoted at 93.
The total sales for forward delivery for the week are 1,712,700
bales. For immediate delivery the total sales foot up this week
for export, 1,190 for consumption,
4,890 bales, including
- for speculation and 3,500 on contract.
The following are
the official quotations for each day of the past week
A
.iffiog-
November
Mon Tnea Wed
0)
a-j
-.1
COf-
g
*<
?^«
6%
73e
7=8
7»8
LowMlddllnK
Low Mlddlms
6ifl
l>
5
8
Strict
1
8%
,
BtrlctGood Middling
Middling Fair
Fair
9
,
-j-j®-^
OU
y lb. 6H
Ordinary
Btriot Ordinary
M
8-52 65,90
95,10
Low Middling
Btrlot Low Iflddllng
MiddUng
Good Middling
BtrlctGood Middling
Middling Fair
Fair
858
8I618
9*18
,
9%
lOie
STAINED.
Good Ordinary
y lb.
Ordinary
liOW Middling
MlddlinK
IOJ4
8
l>
7
8I4
8=8
878
81^8
9^18
93a
91a
99,8
911,8
101,8
910,8 101,8
lO'ie 10»1B 110^18
9
914
9i«
938
913,8
10»16
6
7
9
Tt. Frl
6
S'a
6>4
714
85,8
Holiday.
6%
738
87,8
6^
6^1
7^
80 ,6
For the convenience of the reader we also add
a column which shows at a glance how the market closed on
same days.
SALES OF SPOT JlND CONTRACT.
Export.
W«4'daj Quiotat
it
adv..
Ihar-d'y Steady at "sad.,
©rlday.. otwady ati«ad..
Total.
—
Con- Speesump. uPt'n
154
Total.
....
700
854
1,000
1,000
..Eoli rlav"
....
346
690
....
Contract.
1.190
"'.'.
107,200
296,000
329,200
'.'.'.'.
1.800
....'
Sales oj
Futures.
346
4S0,2(>0
2,490
501,10i
3,500l 4,€90 1,712,700
^
1
®
<lrf>.
«»*.!
<».<=:
1
<i
CI
«-
en
OtCD
<
5
0D03
».":
1
0000
oA^o
w^ ^
^
5
oto
M
<ȣ
CB
£«
^0
^^^^J
oiif-a>''
tit-Ou,
CO
(DOO50
^eo
A
toto
-4oaio*<
a."*:
9
1
02
93,800
tOvOOO
lOW^CO
XGD
*-
XX
»-i a
JUO*'»
:
2
M.-*.>i
o,,^
:
:
xcooo
:
to
too®
tOtO^M
,^.1
1
**0>
"^05
•
!«»>
vt-JM'^
«.»:
5
toto
^
rjm
•<
If to
2
^
'"
COP-
Ss otooo
0.":
1
a
1
:
ODCa
to
».«<
-J
tO!0
OiO"
^
teto
-0 *
OHO
"^
to-i
2
^
OCX
9-2
13,3
0,
5,0
"^0
c
1
a
1
:
a.-:
5
XX ^
^co
wyi®*i
cc
e» 5
OiCi
K>0
o>
1
to
2
"
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e
e.»:
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toctoi
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2
WOM><
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to
a.®:
CD
CDCOOtO
1
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;
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I
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dicji
otoo"'
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.
a
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XX
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X MM X
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1
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KlOS'<
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II18
Btatement.
leadajr
5
:
!(>•
TOQD
;
•
:
QDXOQO
9'ifl
8\
The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
Ba.'day. Firm at ije adv.
Mjnday Firm at 1,8 adv.
O*-
M
OM
5§
8^
S\
'a
8I4
81s
81 lie
81'"
d
tio°tD
613,8
MABEET AND SALES.
OLOBED.
dwOj^
£
t
-4<l
1
QDXOQO
o.=>:
1
:
05
;
ts-qao''
865 23,60
93,70
1
6.1,8
''16
rn.
;
XX 5 XX 5
5
I
Frl
TIi.
6»ie
6I618
7l3i8
8i«
S„18
558
616,8
POT KABKET
0, *»*.•<
aos
'
IOI4
1
9)
6='
^!
9''8
lOifl
.
a
-icD^CD
S'ls
813x6
2^8
94
9%
:
<
ta-iog
;
onoDOCXJ
9
938
Mon Tnes Wed
Sat.
Btrlot Good
2
-j--l
t^ CO
"
a
1
tit^'^li
9S„
Si'"
9'l8
65,8
6»3
71*
713i8
Good Ordinary
Btrlot Good Ordinary
Ul
>
-!
•0
7 '8
1
mon Taes Wed
Sat.
7
8 tie
8%
Si'8
99ie
9'°i« 10
GULP.
:
^
ODOOOOO
n
8I1S
86l6
81a
813ig
,
GoodMlddllne
658
7%
S'lB
89l6
18
8'4
Middling
6»«
a'a
1
It.
CDOO
2
ciw
QOM
9
c»
Tb. Frl
638
fiig
r
»•
Pi
00
OKI
6li6
11).
,
Piro
'
>
"^
•
X
>
IJ
(COD
<=
Sat.
f)
en
^2§-
n-
5
11.
UPLANDS.
Ordinary
Btrlot Ordinary
Good Ordinary
Btrlot Qood Ordinary
•
X
.
.
'
CO
A !CO?
*•
,
5 to
•
•
•
P
b;
p.r-<
_t3
CO
,
—
"1
^
Kww_,
--JKJ'^
-'OS
n
Sif
w: 9
!
atoo
Total 1891... 190,286
Total 1890... 115,753
•
—
I
m.
;
s
T^flSir*
p.,-o
.1
751,803
28,341
11,473
None,
10,500
T
"^srt
=
.
CB
150.261
83,282
88,006
31,749
19,119
None.
None,
60.317
98,234
25,800
37,300
12,000
15,200
13,250
58,000
21,465
72,»92
7,000
12,000
12,000
9,000
4,800
35,000
Galveston
November
Satn
Clo Pri Sal
O'.-o
V .if
»
Kew Orleans...
.
Fiid
Clo Pri Bal
a
n
a
Leaving
Coastwise.
Britain. France. Foreign
Oliarleston.
[Vol LV.
llowinsr
t
We
11 al~
:
:
THE CHRONICLE.
812
Not).
.
1
s
<ri
1
:
1:
1
s
S5
p
1
1
1
d:
1
e
1
1
-^
1
1
1
*•
1
!f
1:
:
:
1
a:
11^
1
9:
1
:
1:
:
i
?
:
* Includes sales In Septeinhor. 189i, for September, 1,700; Septem
ber-Ootober, for October, 420,5 JO.
Thef ollowing exchanges have been made
"30 pd. to exch. 1 ,100 Moll, f or Jne.
39 »d. to •ich. 2,700 Dec. for .Meli.
'38 pd. to excU. 700 Deo. for Mcb.
24 pd. to exch. 400 Jan. for .Mcli.
40 pd. to exch. 500 Dec. for Meh.
30 pd. to exch. 100 Nov. for Jan.
26 pd. to exch. 2,500 Jan. for Mch.
durinj? the
week
100 Nor. for Jan.
pd. to exch^500 Jim. for Feb.
40 pd. to excitr'i',000 Deo. for Mch.
•38 pd. to eicli. 2.01)0 Jan. for Apr.
57 pd. to excli. 400 Jan. for June.
•14 pd. to excli. 900 Deo. for Jan.
'26 pd. to exoli.
14
The Visible Supply op cotton to-night, as made up by cable
and telegraph is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week's returns,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (Nov. 1 1), we add the item of exports rrom
the Dnited States, including in
it
the exports of Friday only.
1
.
.
NOVKMBER
1R91
777.000
8,000
7,000
Total Oreat BrlUln atook. 1,124,000
3.700
61.000
17.000
lAOO.
Oen.OOO
27,000
785.000
3,200
103,000
16,000
1893
bales. 1,117,000
Btorif at Uainbiirg...
Blnoii at Bramen
Btoi'k Rt Ainntordsra.
••
t '
Btool!
-l-UB.,
li
Btooli
.
THE CHRONICLE.
13, 1803.]
Btoolt at Llv«rp"Ol
Stock at Loudon
.
eos.ooo
2,600
61,000
4,000
lflR9.
622.000
17,000
813
QDOTATiom roB MioDUNa Oorroii at Othu UAisn*,—
Below wo give oloaing quotatlona of mid'llin^ oottoo At fiaath*
amAndotherprinoIpaJcottonmarketitfornar.'' laro tb wM>';
039,000
1.
600
23,000
4,000
otroaiaa qoorAtioxi
Wuk SHding
!f0B. 11.
200
300
200
Btoo\ ..
Btock iiT .^l.irHi'HlPB...
Btock at Kiircolona...
Btook at vi .1 >.i
Btock at i't'i'iuce
9,000
196,000
10,000
34,000
6,000
25,000
3.000
139.000
8,000
47,000
4,000
4,000
8.000
116,000
8,000
80,000
6,000
4.000
aalTMton...
Orleans
Mobile
Bavannab...
Total Oontlnental itooki
482.900
398.500
260.800
193,800
Boaton
Wtdnu.
fAwrt.
fW.
8l|a
8«4
8 "4
8^
nn
»H
tH
•if
«%
300
4.000
313,000
10,000
40.000
0,000
22,000
rua Miiiouao oorrua or—
IW*.
XOH.
Sahir.
:
.
Total Earopean stookg
1,606,900 1,183.500
34,000
40.000
IndlaoottonafloatforEarope.
Amer.oott'nafloatforEurope. 614,000 740,000
77,000
B(?rpt,Bra«ll,Ao.,aniforK'r'pe
43.000
Btook In United StatOH ports.. 1,071.904 1,179,705
BtooklnU.B. Interior towns.. 828.015 423,179
UnltedStatos exports to-day.
39.909
30.000
901.800
19,000
612,000
70.000
660,608
322.297
30,874
4 1,000
70J.042
247.032
39,177
bales.
AmerloanaQoat tor Europe...
96S.0O0
344,000
514.000
608.000
273,000
740,000
Dnlted States stock
1,071,904 1.179,705
32t;.01S
nnltedBtitteslnterlorstooks..
423.173
UnltedtJtates exports to-day.
39,909
30,900
Totol Am srloan
Xcul Indian, Briuil, ^e,—
Uyerpool stock
liOndonstook
Oontlnentalstooks
India afloat for EoTope
Egypt, BrazU,&o., afloat
392.000
160.000
612.000
666,608
322,297
39,874
8<«
8>4
8*«>^
e<4
si:
8
8
8
Norfolk.
7»»u
sV
K
84
7\
7'««
7''»
8%
^
3
H
8T,a
8V4
8'8
7'»
7'«
7»»i«
7'S
8
s**
8»9
8>«
8>4
8>is
8>4
7'e
sV
7''e
1^
8>t
7>»is
T'»
8>B
«<•
9%
•%
s%
8%
B>«
BH
-."'•
«'fe\*'*
8 "4
8>4
BH
S"*
The closing quotations to-day (Friday) at other important
Southern markets were as follows:
Atlanto
91.800
30,000
44,000
Little Rook....
S'ls
Oolumbus, Oa.
Oolumbns,Mtas
Bofanla
.
NasbTlUe
Natobes
b=>fl
Nfiwberry...
RnlrlKb
8'9
8>s
7»s
Belma
8»is
Montgomery
8
8
8'4
Bbreveport
8
.... ..
8
Rboeifts From thu Plantations.— The following tablo
indicates the actual movement each week from the plantatioosi
The figures do not include overland receipts nor Southern
3,260,823 3,253,783 2,192,779 2,085,851
eonsumption; they are simply a statement of the weekly
152,000 169,000 276.000 181.000 moTement from the plantations of that part of the crop which
27.000
17.000 Unally reaches the market through the outports.
7,000
8.000
138.900
40,000
43,000
126,500
34,000
77,000
IUc»{ptKitth*PorU.
ir«)t
iwl»n^
Total East India, *o
Totol AiKerloan
7"ia
VUmlnirton
Louisville...
341,000
30^.000
653.000
703.642
247.032
39,177
106.800
19.000
70,000
7*
Ulnclnnatl..
A.menean—
Oontlnentalstooks
7%
Obarleston.
Angnsta
Memphis....
8t Lonls....
Houston....
e,'):i,ooo
7>»ia
7\
7\
niUdelphli
Totol TlBlble supply
3.041.728 3,068,283 2,691,879 2.449,651
Of theaboTe, tbetotalsotAmerloau and otIierduscrlpttonBareas foUowc
Uverpool stock
•w
Balttmore...
732,800
30,000
8
7'«i«
7'»I«
880.900 414,500 498,800 363.800
3,260,828 3,253.783 2,192.779 2,085,851
Oct.
14
InUrioT TowfW.
1
issi.
isa*.
1
Btc'tUfnm Plant'nt,
«..
1891.
1890.
<1SJ88 348,181 213.48B
382.080 <4!314i296.7tt
8M
ssg.7<8 432,887 304
392.927 374.9 ;3'si9;k4
S00.3M 8U,807 293,852 281.181 373,830 321.031 337,111 382.960'«S»,809
345.««8'2eS.819l322.297ll23.i;8 3ei.Ol6l8i9.lSO 395,218 270,80
278.281
2)
" X8
Nov. 4
0"
1890.
1893.
1
2U0.I1B 29».30ri91.U0|l07.»25|l01.133|18««8
811.818 376.820 259.128 148.872 268.127 228.870
313.451 880.12l[270.733 194.987 810.803 2SS.990
313.188 380.489:290.170 244.708 83S.S4T 288,771
7
"
"
Total visible supply
3,641,728 3,668.283 2,691.579 2,449,651
Price Mid. Upl., Liverpool....
6iii«d.
4iSiBd.
47,8d.
55i6d.
Price Mid. Upl.. New York....
9i%o.
9o.
10>4c.
S'so.
St'ltat
18»L
1800.
The imports into Continental ports the past week have
" 11
been 44,000 bales.
The above Htturps indicate a decrease in the cotton in aiji;ht
The above statement shows: 1. That the total receipts from
to-night of 36,535 bales as compared with the same date the plantations since September 1, 1893, are 3.170,072 boles; in
of 1891, an increase of 950,149 bales as compared with the 1891 were 3,200,996 bales; in 1890 were 3,087,844 bales.
—
oorresponding date of 1890 and an increase of 1,192,077 baloc,
2.
—That, although the receipts at the outports the past week
•8 compared with 1889.
were 385.619 bales, the actual movement from plantations waa
At thb Interior towns the movement that is the receipts only 370,603 t»les, the balance going to increase the stocks at
plantations
(or the week, and since September 1, the shipments for the the interior towns. last year the receipts from the
week and the stocks to-night, and the same items for the for the week were 395,316 bales and for 1390 they were
oorresponding period of 1891— ia set out in detail in the 319,130 bales.
following statement.
OVERLAND MOVEMENT FOB THE WEEK AND SINCE SEPT. 1.—
We give below a statement showing the overland movement
tor me week and since September 1. As the returns reach ua
by telegraph late Friday night it is impossible to enter to
largely into detail as in our regular monthly report, but all
This we«klT
the principal matters of interest are given.
publication is of course supplementary to the more extendea
monthly statements. The results for the week ending Nov. 11
and since Sept. 1 in the last two years are as foUowa:
—
1891.
1893.
tTovembcr 11.
Week.
feaM
to
Sept.
SItipped—
Via St. Louis
Via Cairo
Via Hannibal
MM AOMMCJi^M MM M .-MMWCiWMCO
MMOStO
aot xV.cVMcc3»xo<»^My,^u.l-o^ffi^«OicDVia"®aD'b«To
aDMU0>Ov^MMXuccc:i^ikXw<ixu>,counD^ox^iM^iu
Since
A
MO
MtOutS
ibtO
M MM
27.698
4,926
8,372
61,318
263,077
81,930
476,346
9.008
1,213
2,191
32.703
4,716
15,172
15.533
4,074
4,372
53.005
23.465
37,451
12,412
52,591
23,979
113.921
Via EvansvlUe
Via Cincinnati
Via u ber routes,
MMMCKCOMM
C^aittrcifk^OaoCdMaO<]MC^OOC3Qt>MO)c04ECX)aos^MM^(XCS
OQCCUCOC^MQO^OtOirf^UiaaAMCdH'rf^CD^^CUaOOCCMOlf^CIi
03toaDifk-4COif^McocoaMaccffa30^aMM-40Ci3'N4^uiooiaco
MM
M ©;4
01
OOVMMOSOMGSM.
M
^0»*^ W
MM
M
Oi
MC0OMMMpO»a
20.981
<fcc.
Totel (fTOss overtand
Deduct iMpmentt—
Overland to N. Y., Boston, Ac.
MCO
WOO
Between Interior towns
oMxwiw'Urf^V^Vji.'jojoy^oVbi^xbt
oo**a;«Doo;c»*; to*»*-oy 'O 05 — «•*'• ooc!<Dapo«»OMOs
OQpo»Qo»«oc)«»^M:
Inland, Ao.,Irom South
O^OOMOiViaOM. OOD«QOO<OMCDattCn«Ml(kg<CX&3l^OieOM
J^.
ir«*.
167.896
92,026
59,114
3,937
59,74«
39,977
53,750
86,035
42.4.S5
SO.S89
2.102
33.217
Via Louisville
UM
1.
Total to be deducted...
31.170
16,96«
7,H72
1.201
11.6171
48,906 210.4861 57.051 302,425
Leaving
* InoludluK movement by rail to Canada.
The foregoing shows that the we-'k's net overland movement
this year has been 48,906 bales, against 57.951 bales for the same
week in 1891, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 151,93a bales.
totol netoverland*..
V 03 C U M C. W 1^
to
tV
feo^MtoM-^eooo
^ O i£ i^ IC Oe Cb ^ CO CD iv O X ^ M to -^ O CR to
MM
<£»
ooto
i^e»tOM^coeoMco)-*a<o)Oi^i^o
t£H
1892.
1891.
In Sight and Spinncre'
Takings,
C&:«iou'OOr-wwtotO(*/CCi^y^iO'-oic*Jto^JK;io-j»c:!DO
o*aVj'fc-ci'o«"Iuaciu'
CO «J *» lU ou*
ȣ Qo
^
oo'
00*
"»-oo»o'^iM^^ioaobo»»-Mb*a>^<»--J
otDa*-oooDOOaaccccoo<coi^ wwa>as
t
I
-I
Came Into sUht
Total In
The above totals snow chat the interior stocks have increased
daring the week 4,934 bales, and are to-nigh 97,163 bales
less than at the same period last year. The roc ipta at all the
tiwns have been 9o,14i bales /e.ts than the same week last
year, and since Sept. 1 they are 6J9,397 bales lehs than for the
in 1891
ir«*.
S^Tl,
330.525 2.336.177 418,619 3,334.172
4.984 197,381 49,543 367.249
Totol marketed
Interior stocks In exoesa
LonlsvlUe fli^ures "net" In both years
This year's flgures estimated
same time
Sept. 1.
265.619 1.979.691 345.669 2,833.747
Receipts at ports to Nov. 11
48,»06 210.486 57,951, 362.423
Netoverland to Nov. 11
Bonthern consumption to Nov. 11 16,000 147,000 15,000| 138,000
OI0CCC0-^O'>4V<D- M< (ROOaODODtOCOOOOOSi^OtOCOOOi^lOl
•
Week.
Sine*
siffbt
durinit
Nov.
U
week. 833,509
Vorth'n spinners tak'gs toNov.1
It will
I
468,167
3,701.421
2,533,558
418,688
1
080,814
be seen bv the above that there has oome into sight
during the week 335,509 bales, against 468,167 bales for tfae
same week of 1891, and that the decrease in amount in sight
to-night as compared with last year is 1,167,893 bales,
.
;
.
THE CHRONICLE.
814
I
Vol. tV,
Weatheb Reports by Telegraph.— Reports to us by tele- and twenty-five hundredths. The thermometer has ranged
graph this evening indicate that the weather has been rather from 44-5 to 79, averaging 61-8.
Madison, Florida. Telegram not received.
unfavorable during the week. The temperature has, as a
Columbtis, Georgia. We have had rain on one day during
rule, been lower, with killing frost general over the Northern
half of Texas. Rain has fallen in about all districts and in the week, to the extentof one inch and eighty-one hundredth*.
parts of Texas has been excessive, interrupting the gathering The thermometer has averaged 53, the highest being 68 and
—
—
of the crop.
the lowest 35.
—We
have had rain on three days of the
Oalveston, Texas.
week, the precipitation being two inches and fourteen hundredths. The thermometer has ranged from 44 to 75, averaging
60.
—
Palestine, Texas. Killing frost occurred in this vicinity on
one night. There has been rain on one day of the week, the
precipitation reaching sixty-four hundredths of an inch.
Average thermometer 59, highest 70 and lowest 38.
Huntsville, Texas.— It has rained heavily on three days during the week, the precipitation being two inches and twelve
hundredths. There has been killing frost on one night. The
thermometer has averaged 50, the highest being 70 and the
lowest 30.
Dallas, lexas. Killing frost occured on one night throughout the northern half of Texas. We have had showers on two
days of the week, to the extent of twenty-six hundredths of
an inch. The thermometer has averaged 48, ranging from 30
—
to 66.
—
San Antonio, Texas. There have been showers on five days
of the week, to the extent of seventy-four hundredths of an
inoh; killing frost on one night in this vicinity. The thermometer here has ranged from 36 to 74, averaging 55.
L/uling, Texas.
It has been showery on two days of the
week, the precipitation reaching fifty hundredths of an inch.
had killing Irost in this vicinity on one night. Average
thermometer 54, highest 72 and lowest 36.
Columbia, Texas.
have had hard rain on two days
during the week, interrupting picking. Rainfall three inches
and thirty-one hundredths. Thermometer has averaged 54,
the highest being 74 and the lowest 34.
Cuero, Texas, There has been very heavy rain on two
days of the week, stopping picking and rll other out-door
—
We
—We
—
Savannah, Georgia. We have had twenty five hundredths
an inch of rain on five days of the week. The thermometer
has averaged 66, ranging from 45 to 83.
Augusta, Georgia. Rain fell lightly on four days in the
early part of the week, but the close is clear and pleasant.
The crop is about aU gathered and is being marketed freely
it will be fully 15 to 30 par cent less thin la^t season.
Ttie
rainfall reached twenty-four hundredths of an inch.
The
thermometer has ranged from 42 to 77, averaging 60.
Charleston, South Carolina. It has rained on six days of
the vi^eek, the precipitation being thirteen hundredths of an
inch.
Average thermometer 66, highest 81 and lowest 48.
Stateburg, South Carolina. There has been rain on three
days of the week, the precipitation being fifty-two hundredths
of an inch.
Wilson, North Carolina. — Telegram not received.
The following statement we have also received by telegraph
aaowing the height of the rivers at the points named at 3
of
—
—
—
o'clock
November
10, 1892,
and November
12, 1891.
92. Ifor 12, '91.
Ifov. 10,
New Orleans
Feet.
3-5
Above low- water mark.
Above low-water mark.
Above low-water mark.
Above low- water mark.
.Above low-water mark
Memphis
NasliWlle
Shreveport
ViotBiurg
Feet.
2-7
1-2
1-6
1-4
2-2
2
0-6
121
1-4
Movbmbkt from all Forts. —Tne receipt*
and hipments of cotton at Bombay have been as follows for
Vie week and year, bringing the figures down to Nov. 10.
IHDiA Cotton
BOHBAT BB0BIPT8 AND SHIPMENTS FOE FO0B IBAR&.
—
Shipmente since
Shipmentt this week.
Sept. 1.
Beceiptt.
Great
ContiThit
Sinet
work. The rainfall reached two inches and fifty hundredths.
rear Qreat ContiTotal.
Total. Britain
Brit'n. nent.
nent.
Week, Sept. 1.
The thermometer has averaged 56, ranging from 38 to 74.
Brenham, Tearas.— Rain has fallen rather heavily on four 1892
8,000 8,000
3,000 48,000
51.000 5,000
34,000
days of the week to the exient of one inch and ninety-one 1891
3.000 3.000
3,000 37,000
40,000 3,000
71,000
4,000 21,000
58,000
25,000i 9,000
hundredths. Killing frost on one night in the vicinity. The 1890 i^oo'o 3,000 4,000
1889
5.000 5,000 13,000 35,000
48,000117,000
69.000
thermometer has here ranged from 36 to 72, averaging" 54.
Belton, Texas. Killing frost on one night has done the
According to the foregoing Bombay appears co show
business for the top crop. There have been showers on four an increase compared with last year in the week's receipts of
days of the week, the rainfall reaching sixty hundredths of an 2,000 bales and an increase in shipments of 5,000 bales, and
inch. Average thermometer 48, highest 66 and lowest 30.
the shipments since Sept. 1 show an increase of 11,000 bales.
Fort Worth, Texas.— It has been showery on two days of The movement at Calcutta, Madras, and other India ports for
the week, the precipitation reaching thirty-three hundredths the last reported week and since the 1st of September, for two
" Other ports
of an inch. Killing frost on one night. The thermometer years, has been as follows.
cover Ceylon,
has averaged 50, the highest being 68 and the lowest 31.
Tuticorin. Kurrachee and Coconada.
Weatherford, Texas.— SsiTd frost on one night has killed
Shipme nti for th e week.
SMpmenti since Sept. 1.
the cotton plant and all other tender vegetation. It has
rained on two days of the week, the precipitation being
Qreat
ContiOreat
Total.
Totat.
Britain.
nent.
Britain. ContiTient.
forty-three hundredths of an inch. The thermometer has
averaged 51, ranging from 32 to 75.
Oalontta—
New Orleans, iMuisiana. We have had rain on four days
1892
1,000
1,000
2,000
3,000
5,000
1891
2,000
2,000
of the week, to the extent of one inch and forty-seven hund4,000
Madras—
redths. The thermometer has averaged 64.
1,000
.
1,000
11,000
3,000
14,000
1892
Shreveport, Louisiana.— We have had fine rains on five
1,000
1,000
11,000
6,000
17,000
1891
days of the past week, the rainfall being ninety-eight hund- AU otbere—
3,000
10.000
14.000
24,000
1892
2,000
1,000
redths of an inch. Average thermometer 53, highest 70
—
—
lowest
1891
33,
Columbus, Mississippi.— It has rained on two days of the
week, the rainfall reaching one inch and seventy hundredths.
Crop estimates are unchanged. The thermometer has averaged 54, the higliest being 72 and the lowest 35.
Leland, Mississippi.— We have had rain on three days of
the week, the rainfall being one inch and sixteen hundredths.
The thermometer has averaged 55-1, ranging from 32 to 76.
^Meridian, Mtsmsippi.— Telegram not received.
Little Rock, 4rA;ansas.— Telegram not received.
Helena, Arkansas.— TYie freeze has about finished cotton
Reports are worse. There has been light rain on three days
during the week, the rainfall reaching ninety-one hundredths
of an mch. The thermometer has averaged 46, the
highest
bemg 66 and the lowest 30.
Memphis, Tennessee.— The weather has been unfavorable for
the gathermg and marketing of cotton the past week. Crop
prospects have depreciated. There has been rain on four days
to the extent of sixty-four hundredths of an inch, and we
have
had sleet, snow and ice. The weather is now clear and cold.
The thermometer has averaged 46-1, ranging from 29-7 to 46-1
Nashville, Tennessee.— We have had rain on four days
of
the week, the precipitation being one inch and fourteen hundredths. The thermometer has ranged from 31 to 66, averaging 48.
Mobile, Alabama.— Picking is nearly completed, and
the
crop is from forty to fifty per cent short. Rain has
fallen on
nve days of the week, to the extent of one inoh and
sixtyAverage thermometer 61, highest 80 and
T^^^'^^^^^-
Iw
Montgomery Alabama.— -Rain has fallen on four days
of
the week and since yesterday the weather
is turning cold
Ihe ramfaU reached one inch and eighty-seven
hundredths
the^lowest
50*^*^'
'^^eraged 58, the highest being 66
and
Alabama.—Telegram not received.
Auburn, Alabama.— The week's rainfall has been one
inch
1,000
1,000
14,000
10,000
24,000
2,000
2,000
5,000
2,000
23,000
27.000
20,000
18,000
43,000
45,000
total all—
1892
1891
3,000
The above totals for the week show that the movement from
the ports other than Bombay is 3,000 bales more than the same
week last year, For the whole of India, therefore, tlie total
shipments since September 1, 1893, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO BURUPK FSOH ALL INDIA.
1891.
1892.
1890.
SMpmentt
:o all
Europe
from—
Since
meek.
Bombay
Since
TMt
Sinet
Sept. 1.
week.
Sept. 1.
8,000
5,000
51,000
43,000
3,000
2,000
40,000
45,000
4.000
1,000
25,000
54,000
13,000
94,000
5,000
85,000
5,000
79,000
tllotberports.
Total
Sept. 1.
Thit
week.
—
ALEXANDRIA RECEIPTS AND SHIPMENTS. Through arrangeonents we have made with Messrs. Davies, Benachi& Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
lOrresponding week of the nrevious two vears.
Alexandria, Egypt,
November
9.
Beoelpts ( oantars*)
This week....
Since Sept. 1
1892.
330,000
1,866.000
This
Since
week. Sept. 1.
1891.
1890
180,000
260,000
1,579,000
1,497.000
Since
Thit
week. Sept. 1.
Sinet
Thit
week. Sept. 1.
Eg)ortB (bales)—
To Liverpool
To Continent
Selma,
*
13,000
9,000
91.000 12,000 104,000 12,000
8,000 30,000 9,000
43,000
93.000
38.000
Total Europe
22,000 134.000 20,000 134.000 21,000 131.000
A oantar la as iiounie.
7
.
November
'
THE CHRONICLE.
1692.]
18,
:
.
This statement shows that the receipts for the week enuioK
9 were 830,000 oantars and the snipmeats to all Buro) «
Nov.
23,000 bales.
816
AOBICULTtniAL DlPARTMSirr'S COTTOH RBPORT rOE NOTBM*
BBB.— The Agricultural Departmenl'i report on cotton for
November is given below
:
M ANciiESTKE Maekbt.—Our report received by cable to-night
.Manchester states that the market is strong; for yarnii
for ahirtinKs- The stock of yivra is decreacing.
We
give the prices for to-day below and leave those for previous
weeks of this and last fear for comparison:
fruiii
and
tiriii
1891.
1892.
TheNovomberreturna
to the
Depnrtment
of Agrlcnltitr.
«
very light crop, with abort (taple ga'lu-red gniuriiiiy In
I..oo»l eatlmntes ranffe from two ntihs tn r>irMi'
crop; many make It the worst ciop slnco H'
looatlons a fair crop is proinisod. OnlhcAliii
i.
tlun.
1
,>
irlbuteil
to
niteru.itlug,
heavy ruins m
.1
and wet spring was fnllnwed by long coiitliin..l dry iviiHnr, produeliig liirse WMMl and detlclant fruitJig>-. Picking In thl« region U well
advance and the crop partly marketed, while a killing fro^^t on the
'i7th and '.!-<th has reduced the t9p crop. There Ugr.'
>ii<-siot
growtli
and the range o( production Is \
Oae
I
82(
Oolt'n
Xiit
8>4 Ibt.
<7op.
8hirlitig$.
Twitl.
32* Oop.
Twill.
VpUtt
Oolft
8>« lb:
8Kirting$.
41»„
^"\»
In
Alnl>amn
says
that
some
twouty acres to make a bale, while some In M
tlmittedata bale per acre. In tlie Mississlp|i| Vaii
good growth of stalk and small devtlnpment of IkpIi
factor* are a cold and wet sprini;, di'fecilve st^indn, ilrMnu-Ut
4^,
The early rains forceil I'otton into sli'iidcr Join's with poor
Weather Is favorable for g.itlierlng but unfavorable for maturYield of lint Is generally short In proportion to wflght of seed
ootton, and the staple is short, tboujih gooeraily eloan and of good
oorresiHinilent
Upld
Oot 7
•' 14
« a,
«7i< S
«7i« 5
a<<
6>«
en*
<•
2a
ir*v.4
OH
6^
u
••
»,
VTt
5
•7>a 5
•7!>g 5
97^ 5
e's
d.
d.
s.
96
«6
96
l>a96
2 96
3 96
d.
«.
d.
5
7% vyt
<»7'8
Ta aT'n
7% »7'a
4'h
7
9<t»7
9 97
4'ifl
4^
7
8
9
1
d.
d.
5
7»a
9
10
4>«
7>8
4l»,« 7
m
9
8
97!^
2
97 14 4\
9 97 l"* 4<<«
8 97 0>« «»in
8
I'lg
d
d.
a.
19
970b 6 7>«97
rtv
'i
(lulre
d.
d.
iro ea-
ilso »
I'trlout
,ihI boll
worms.
bolls.
ing.
color.
Jute Butts, B.\aaiNO, &c.—The demand for bagging at
rfirst hands during the week has been only moderate, but
rauotatioDS have been fairly well sustained, The close to-niglit
is at ej-ic for \% lb?., 5%c. for 3 lbs. and O'^c. for standard
Jute butts have been quiet at IJ^c. for paper grades
grades.
and
3c. for
bagging quality on the spot.
Memphis District Crop Report.— Messrs.
&
Hill,
Fontaine
Memphis, issued on October 29 their report for
October on cotton in the Memphis District, summarizing it as
Co., of
follows
:
weather durlni; October Uaa In the m-jla been favora^ilo for plok
Init, altho\i){h some sections lu Arkansaa roDort r.»ln (lurlni< the letter
portion of tUo month; but the imjorlty o( our 350 oorrespomleuti
report the wo vther more fiivornblo than last year. Lli;h'i frosts hivo
(alien at iuterrals through lut the (our St.4tos aluoe Oot. 4, but up to
the dale o[ thcso replies no damage bad been dane the oro^ (ron. this
Tlio
cause.
U proKresslng rapidly throughout the district, and, up to
;i2% per cent of the total yield had been gathered. A, mtOorlty
our correspondents ttx tUo d.ita at Oec. 15 when picking will be tluof
Isliuil.
The pros loctive yield shows ft ra iterial decrease as compared
with last yeiir. The outcome o( the crop iu this dUtrlct, whiob In our
September report indioiicd a decrease o( 2 >Vi per cent. Is now estimated at 3 1 1* per cent ilecre iso. The decrease by States is .as follows
Arkansas. 3^ 'a per cent; Mississippi, 35 '5 per cent; Alabama, 3213
per rent Tenuessee, 3 1 ^j per cent.
A killing frost (ell throughout the district on Oot. 26, three days
a(ter these responses had b«en raceired, and no estimate of the damage from that source Is luoluded In the above report. There is no
doubt that In m\iiy seetlous dam vge has bren done the crop by the
kllllDg (r.ist, which will still further reduce the estlmttel yield at
compared with last year.
Picking
Oot.
-Li,
:
;
Domestic Exports op Cotton Manufactures.—Through
the courtesy of Mr. S. Q. Brock, Chief of the Bureau of
Statistics, we have received this week a statement showing the
exports of domestic cotton manufactures for September and for
the nine months ended Sept. 30. 1892, with like figures for the
corresponding periods of the previous year, and give them
below:
i
QiionUtiM 0/ Afanu/ocfurM 0/ Cot- Honth endinj Sevt.
and
ton icoU.red
(
SO.
» mo*.
mMno
Sept. SO
uncolored)
tzvorUd to—
1893.
yanU
United Kingdom
Qermany
Other ouuntrlea In Europe....
British North America
Mexico
1892.
1891,
1891.
a.VMMtt
130,04U
82.278
»94,U8
877,t48
5J32,7«)
42,344
ev.i.eeo
"
158.5S5
24H.67<
•«7.70«
59.522
620,503
1.I9M42
59S.003
1.73.\».V1
67B,'-25
4,759,104
3.989,186
4.049.8^3
the Bhownugger dl-itriet of the UboUcra circle; and at Wadcircle, the plants wore healthy. Beyond 4 In. at
Hubll, In the l^harwarclrcle, and '4 In. at Rarsae, In the Ooinra ciroie. no
ralu fell lu any of the cotton districts slaco the beginning of the week,
and lu the two mentioned It looked like clearlti^ up w:ie:i the telegrams were sent olf yesterday inernlng. The crop was showing mora
or less ImproTcment over the whole of the area, ami the bolls on the
plants were raoidly ripmiing uu ler the ludu'iuca of the (arorablo
weather in the Se igal an I Ooinra circles ; at Cawapore, la ths former
the cotton was ready (or picking.
lu
wan, In the same
>>mpabativk Port Ksosipts 4:«d Oailv Crop Mov bmutt
—A. comparison of the p^rt moveaent by weaks is not
accurate as the weeks in different years do not end on ttM
•ame day of the month. VVe hive consequently ad lad to oar
other standing tables a daily and monthly statemant, that
the reader miy ooaatintly hiva bafora him the data f Jr
eein.; the exact relative moremant for the years namedThe muntbly movements ia'se Saptembar 1, 1S93, and ia
previous years, have been as follows
1892
aept'mb'r
October..
405.355
Puerto Rico
Banto DomlDKO
Other iVest Indies
ArKentlne Kepubllo
ieil.9«2
Braill
'
United 8tHtes of Colcmbls.
Other 00 on tries In 3. America
China
Brit. Pos^esMsIn Australasia
.
Britisb India and I<:aat Indies
Othar cuunirles in Asin and
Oceanlca
1,610.777
3,101.2S>
is.09;j
'
70,4««
661.»ri
580,903
l.OSS.iet
i.ia^.wto
H
935.498
M4.dlt
..
890.054
77.111
5.1(4
1«0.s7l
80a,9ia
67B
7eo,3«o
1.281.785
S10.00V
'
Africa
Other ooantrlee.
282.917
sai.oD."'
88.964
B.tie
67.14^
470.00:
ec.949
1889.
1
1888.
1887.
876.82,*
732,23C 161,710 S32.017 854,77«
l,532,42t 1,365,231 l,319.35f l,133,01b 1,218,404
1,540,323 2,^09,219 2,097,467 1,8S1,06^ 1,465,033 1.868.180
Pero'tage at tot. port
33-34
30-87
2641
receipt* Oct. 31...
29 99
3201
This statement shows that up t3 October 81 the receipt*
at the porta this year were 663,121 bales less than in
1891 and 5.33,03) bales leis th^n at the sa-ne time in 1890.
By adding to '.he totals to Ojt. 31 tha diiiy raceipta sine*
that time we shall ba able co raaja an ecut ojaparisia of
the moTemant for the dill;;reat yetra.
1892.
Uonduras
Cuba
1,13M73
1890.
1891.
Cotal
Central American States and
British
Ttar Btainnina September
Uonlhly
ReetiplM
7,787.3'S
11.0112,907
:
6,625,603
5.411,526
41^.516
465.967
1,10j.48
7,379,599
2.3)«.1S2
East India Chop.—From the Bombay Pricej Current of
Oct. 8 we have. the following
Thn due and seasonable weather which set la over the cotton area Id
the middle of last week still continued Is all the lUstricts except Barsee, where It was still showery, .Monitay morning's oillclal telegrams
having reported bright weather, with no sign of further rain. The
plants wore showing, when not shedding, bolls In all districts of the
Bengal and Ooiura circles, and the crop was showing improvement In
At Dtaafiarts whcro It hid sulf'red damage tbrougb oxciHsive rain.
la picking had partially begun. At Hro.ich the weather -ra« «eaHoaablo and tlio plants were flourishing; as the)* also wer*
211,2911
1('9,49^
506.4 1
5.979,353
S3 1, 669
2,704,34!
ls.32e.l«4
52.182,981
183.428
2.878.186
72.776.131
3.KM.6C6
.1,.19l,t«8
f.OOS.O^e
7,856,306
6.544.S9
S.019.e9J
I4.03l.7,'6
l49..H2n
3.338,027
I
l,DS0,64a
t,e64,Sl
Total rards of above..
9.8g5.S:iO
12.044.391
Total values of above..
tsua.isi
('0«2<
t7JH.7»2
t'oeso
(7,979.911
(9..?9il..^4S
$0096
1 14,87-
1890.
1889.
1887.
1888.
To.Oot.31 1,540,82- 2,209,249 2,0I»7,4«7 l,8ai,06C 1,465,033 1,868,180
45,7dB
41,931
40,4.'>6
36,096
8.
88.008
NOT.l....
•
56,520
37,030
8.
44.468
40,173
66,736
2....
" 3....
41,293
40,552
61,398
a.
40,021
63,446
" 4....
8.
50,241
62.2J0
53,063
50,497
47,031
" 6....
3-2.132
4',402
54,659
40.917
63,291
43,595
••
46,812
S.
43,420
45,495
57,213
6....
8.
" 7—.
39,912
61,088
46,998
59,430
41,766
51,722
" 8....
49,02'/
42,26!
61,30»
8.
45,782
54,553
(•>r56
SVIOK
1891.
Talne per yard
Feluw
0/ other
Mnnu/acturet
267
5
(108.211
67,323
7.588
(190.737
82.964
4.(72
43.t
i.2;i
76.801
12,661
24.21*4
1,019,253
100.869
15.081
472,127
104,220
Oermany
7,39"
France
Other countries In Europe
British North America
Mexico
Central American States
Honduras
Cuba
A
2(8.»n
9.088
Brltlsb
6.70S
5.5814«
Puerto Rico
Banto D-imlngo
Other West Indies
rsentlne Repubilo
4.9^7
6,414
215
las
4.81K
2,441
S.088
83
United StHtos of OolombU
Other countries In So. Amerloa
6.941
9,17«
8.394
British possesaliina In Australaala
«,9ftl
7,»h7
3.545
4.SWS
».6S4
Braill
Other cuunirles
Oceanlca
In
Asia
and
Afrloa
Other oonntrtas
Tot«l valne of other mannfaotnree of
AatntMrn Talne of all eottoa (ood*
17.8S8
«.8as
19,724
sau
«330.585
1915.740
45.209
65.015
4.513
8.778
42.714
66,S9l
28.ini
57.S8U
9S.48
3.3.M
*l).OIii
4.l5i
7.2-'.s
86.4.VI
47,379
81.90H
29.SU8
60,784
83,236
80.479
142347
819,984
7,59i
29,605
12.191
12.H90
1.107
8169.545
8928.307
9...
••
Cotton exported to—
United Kingdom
"
(1,836 850
(1,884.745
(9.818.281 (10,784.090
1
10...
" 11...
31,445
29,755
•52.646
73,074
73.467
47,494
8.
56.112
62,317
43,025
8.
62,024
47,89.1
35,012
8.
41,068
41,411
55,807
Total
1,978,691 2,729,112 i,566,074 2,330,': 60 l,864.75:i 2,340,345
Peroentag e of total
41-77
3361
36-69
38-13
39 65
port reo'[ ts Not, 4.
• 1.097 bales added as correction of receipts at Wilmington ilnee
September
1.
receipts since Sept. 1 up to
to-night are now 750,421 bales less than they were to th»
same lay of the moath in 1891 and .137,383 bales leas than
add to
th»<y were 1 the same day of the month in 1890.
the table the pernentaies of total port receipts which had
been receive 1 to November 11 in each of the years named.
Thisstacemmt ihowa chat the
We
1
Thb fciXPORTS OP Cotto.s from New York this week show a
decrease compared with last week, the total reaching 14,873
Below we give our
bales, aisainst 16,157 bales last week.
York,
usual table, showiiig the exports of cotton from
and the direction, for each of the last four weeks; also the
Otal exports and direction since Sept. 1, 1SW2, and in the laafe
New
oolamn the
total for the
same period
of the previous year.
—
.
BIPOBTSOP COTTON (BALES) PBOM NEW YORK SINCE SEPT.
Week EndingExported to—
_
Nov.
Oct.
23
.
11.
Same
I
period
previout
Sept. 1.
year.
9,859 10,174 12,368 ",093
3,156 2,918 3,134' 3,486
108,947
24,753'
121,455
18,856
TOT. TO Gt. Brit'N. 13,005 13,092 15,502 11,579
133,700
143 311
1,978
10,247
LlTerpool
Britlsli ports..
I
Havre
595
700
400
100
595
J,978j
6,974
12,560
l-,2.5
1S,803
2,029
10,8471
49,586
550
120
3,027i
5,3:0
"ibo
100
670
3,486
5.320
Total.... 14,353 15,047 16,457 14,873
150,011
SAVANNAH— To
10,247
3,173
208,466
French
700
100
350
700
i',V75
i;5
1,679
233
.
80
"so
...
Other ports
400
183
1,555
155
TOT.TONO.ECBOPE
Lticiua, 7.446.
SoRFOLK-
.''o Uverprol
Nov. 7-Steamer FooasSBtt, 4.438.
Vest Point -To Liverpool -.N^ov. 9— S.eamer Sioilla, 7,071.
Liverpool -Oct. l^l-Steamer Kansas. 2.300
Nov. 1 —
Steamer Bostonlan, 2.018 ...Nov. 4-Steaaisrs Palestine, 1,632;
Boston— To
I
1,010
Spain, ItalT,&o.
All other
ill
Total Spain,
Grand
Ac.
1,010
459
Venetian, 3,917.
Baltimore- I'o Liverpool- Nov. 4 -Steamer Mentmore,
To BrcM en - N v. 4-Steamer Stut^tKai-t. 3,790.
To Rotterdam N v. 5- Steamer Patapic-i, 3 tl.
NlW 70BK.
^atek.
Stnet
aept.l.
N. Orleans.
14,981
8,120
15,847
Philadblph'a
Hinct
week.
Sept. 1.
Thii
veek.
2,353
82,495
711
77,123
93,371
Since
Sept. 1
ThU
3,272
Sep',.
Uoblle....
rioriila
So. Carol'a.
119
dS3
fl,333
28,302
NO.Carora.
81H
4.143
3,089
10,170
....
1,310
416
39,054
3,958
Nortbn pts
4,7.13
14 583
Vlritlnla...
13.H5
Tann., ic.
" 2.488
4,313
Foreign....
813
!<,97i
650|
51,811
1891,530
22,312|
87.;55
431.52^
28.335
1,390
14,982
S,7.12
St.
325
3,131
ThU rear
....
.
Last year
.
Shipping
72)
4.928
1.151
8,738
9J,57J
1.330
C.aiS
9,723
145.527
4.172
19.707
16.29S
78,044
Cotton freights the past week have been as follows:
New York—To
Liverpool, rer steamers Holboln, 451
2.708... NomaUio, 3,755. ...Wisconsin, 1,179
To Hull, per steam r Martellj. 2,78S
To London, per Bteamer Mohawfe, 700
To Havre, per steamer L;i Gasoo^ne. 595
To Hamburg, per steamer Russia, 350
ToAnrwirp, per steamers Lpiuto. 172
Satur.
Jverpool, Oct..d.
Do
Do
Do
7 00
59.i
statement of
lales of the
Wllmlngt'n
Norfolk....
T.T81
6 62.S
Boston
2 493
Total.... 91,806
500
3,43311,886 37,192 16,679 22,163
2^M.
a
Ta*^ Via "4 ^siaH
..-,
7:,2
^64
a
4
"4
He
He
He
's.
»16
.,.
U
"^a-i
'ri2
Jsj
^
la
....
....
—
—
>8
'e
>6
lbs.
t'i.=!
waak's silei,
3h.i.2!r3.
week
•'5.000
Dales.
.
...
1,
...
...
Of which American— Esclm'd
Total imp-irt of the
4monot
week
afloat
...
or which AraericiM
4.200
2.2)0
57.000
4.000
62.000
iSfc.i..
at that port:
Oct. 28.
5 '.000
2.700
1,000
Nov.
Nov. 11,
4,
40 000
1,400
1,000
32,000
49,000
8.000
4.000
66,000
57,000
000 1,075,000
1.9,000 1,007
8.5,000 S51.000 917.000
4-1 OiPO
67,000
134 0,0
:-6, )00
110,000
51.000
28"> OiiO
281.000
195 000
275,i"0
185.0 '0 2 5 0"0
70,000
2.600
5,300
55,000
8.000
61.000
1.117,000
965,000
.11,000
100.000
248.0<
240.000
The tDn3 of tha Liv3r,)D5l mirkat far s;)Dt? anl futurss each
day of the week ending Nov. 11, anl t!i3 daily closing prices
of spot cotton, have bean as follows:
Market,
et,
i:4S
Tuesday
Saturday Holiday.
Spot.
(
P.
Fully
malnt'nec
TTarden'K
tendency. IlardenV.
4I3
Wednes.
Friday,
Thurstl'y.
Firm and
tending
up.
Strong.
49lB
4»8
4lll8
41'16
6,000
8,000
s.ooo
1 l.OOO
14, >00
500
tfld.Dpl'ds
500
2,0 >0
lOO
2,000
15.000
4.0J0
4ia
2,
FutureM.
VCarket,
:45 P «,
Tdnl.
14,s73
36.ii40
Steady
Ht
oartlHiiy
l.tt4dec.
vlarket, \ Qui
utet and
4 p. «. \\ «. BHdV.
4S.029
47 69
4 1171
30.091
hi Steady at
ia2-'U 8-tf4®4-M
Steady
,1-114
advance.
1
advance
Firm at
Dartlally
1.A4 adv.
Strong.
Firm at
Steady at
ad
vanoe.
3 S4 ad-
S 'M
vanoft.
I
Strong.
;
14. ^
6.2.59
Baltimore.
7,150
....
H
he
^4
rot>l stocik ^Estimated
d
.
3„*
....
Forwarded
particulars of these shipments, arranged in our usual
Oharlest'n. 13.595
T
Sales Amerloan
iotaal export
form, are as follows:
Bmnswlok.
lSt<;»l4
Of which exporters took
or which speoalators took
2 i:?,ii2
N. Orleans. 9.777
Galveston. 23,117
Savannah.. 14,C65
35'
....
35-
Oo«. 21
.
York.
'aa
LIVERPOOL.— By cable from Liveroool wo have the following
-
Suil
Bremen 0;h r
Lon<t Him- North
South
don. Havre, btrif. Europe E a npe. Jf'wic >.
3.485
5 I5
350 1,679
550
120
19,176
200 7 487
19,3J5 5.517
8.50^ I4,i00 10,82'3
..
4,971
2,500 10,699
3,300
H.
....
Zo"
t.
Cents per 100
He
5.2
&
"3
leste.v.Lond'n '.
iiwerp, Oct ...d.
Antwerp, later d.
*
He
....
6,2
35*
A
1
pool.
8,ns»3
....
T
—
Total
moa, Oot.-Nov.
---•
^16
1S33
ircelona, Oct..d,
G
H
«S£«'l6 Ssi® la »Sl«'l«
3l6
d.
B
*Vi.
...
Ha
d.
Do
303
Ss2»3jg
....
Aino'ilam.O. &N.C.
Rival, Oct
d.
350
N^ederlaQd,
^
.--.
^32
d.
H imburg, Oot...ei.
8,033
2,786
Thur$.
..-.
B emen, Oct
d.
Do
later... d.
Folal bales.
Italy,
Tuei.
^
d.
later
Wednei.
^
ifon.
>8
railr'd.d.
a»vre, early
Noordland, 710 .. ft Hubert. 4tf7
..
1.679
To Gei oa, per steamer W>rra. 550
550
^fex1on. per steamer Yurmurl. 120
To
120
Sew Orleans—To Llv rprol, per steamers Pallas, 4,227
Wm. CI ffe, 5,550
9,777
To H vre, pi r steamers KenwioV, 7,550 ...Kiver Ettriek,
3.449... Sprlngwtll, S.177
19.176
To Rotterdiim, per steamer Briscoe, 500-..
2(0
To Barcelona, per steamer Cindad de B.ircelonn, 3.900
3,900
To Malaga, per steamer Ciu ad de Barcelona. 1.500
1,500
To Genoa, per steamer Clmlad de B .rcelona, 2,087
2,0-«7
Galveston— To Liverpool, per steamers Erie, 7,023
Ida,
4,800 ..KiiUtsford, 6,094 ...Zeta. 5,200
23,117
To Havre, per steauiers Darllugton, 6,453 .. Loigtone,
6,200 .. Veilerta. 6.737
19,395
To Bremen, per s* earner FuIwbU, 5,517
5,517
Savannah To Liverpool, per steamers Cameo. S,424 upland
and 639 8ca Island
Trip ili, 7,8r5 upland and 147 Sea
Island
14,065
To Bremen, per steamer Inchisla, 8,505
8,505
To Reval, per steamers DuLbar-, 3,e50 ... Washington City,
6,400
10,250
To Oothenbur.e, per steamer Calabi la, ?,650
2 6i0
To Warbers, per steamer Calab s 1,100
1,400
To Barctlcna, per steamers Durtleld, 5,236
Elton, 4,190
9,4 6
To Salerno, per bark Elvira, 1,400
l,too
Brcnswick-To Bremen, per steamer Eiiplre. 4.971
4,971
Charleston— To Liverpool per st-aiu ^rs Joseph Jo'-in-", 5,810
Roma, 7.7i^.
11.505
To Havre, per bat k K"iitl\'ern, 2,500
2,1'
To Bremen, per stcameri Congo, 5,275
Laughton, 5.421. 10,'i!)9
To Ba celona. per steamer Charrucoa, 3,300
3 300
Wilmington- To Liverpool, p«r steamer Crania, 7,781
7,7'^I
To Bremen, per steamer Hiirwoith, 7,150
7,150
Norfolk— To Liv(rpool,per8teamer8Biilgirian,3,223 ...Powhatan, 3,100
6,6J3
Boston— Til Liverpool, oer steamers Lancastrian, 3,682
Nor8emin,983
Tavoula. 1,589 ...
6,259
BAl<TIMORE—ro Liverpool, per steamer Parkmore, 2,493
2.496
To R'jtter Jam, per steamer Edam, 500
5U0
New
pome surtlcient and radical remeiiy for the future.
Panckas. stea uer (B ). from Now York for Liv -rpo d, with 3,717
bales of oitton, put in at St. Johns, N. F., .V)v. 9, with cotton
cargo on tire.
News.— The
Liver-
to
43.898
exports of cotton from the United
States the past week, as per latest mail returns, have reached
213,113 bales. So far as tlie Southern ports are concerned, thsee
are the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.
The
news received to date of disasters
from United States ports, &c.
i
.
25,17a
2,815
all
Dewsland. steamer
Since
wee It.
8-
1— Steamer
PBOPiTions, steamer (Br ), at Havre, from Galveston, his had eighty
bales of cotton datnaged b.v tire and water.
(Br.), at Q.i veson. loading for Liv rpool, hid
Are?* in cotton cargo on Oct. 2
and Nov. 3, wliich da'uaged a
numb, r of bales. The tires aro balinved to have b len of incen ilary
origin. Evidence which oarrlei out the belief thit the i.ottoa waj
set on Are purposelv is that the lira started on lop of a bale, and
the presumption is that some one, whether narpos-iy or tliroiigh
carelessness, threw a lighted m.itcb doivn thi veatiiitar, wliich
Ignited the ootttm. A member of tlie b lard of uoderwritori <tatBd
that he hud wired headquirters that the tire on board tne steajiship Dewslaud was be.voad a doubt of an luoendiary origin.
The case is being thoroughly invesiiga'ed, with the 1 lea oi Hading
Baltiuoki.
72,437
Tezai
Barannah
Boston.
TMi
Below we give
vessels carrying cotton
2,003,
Ohio, 106 ...Nov.
Philadei-phia—-To l,lver,)ool— Nov.
Steamer British Prince, 50i'.
liBOSS KBOEIPTS OP (JOTTON it
New Y)rk, Bjston, PUilaielphia and Baltimore for the pa t
week, and since September .1, 1892
THK PotiLOWISa ABE THE
TMl
Vol. LV.
To Hamiurg-N IV. 5 8t«a ner GalUcla, 3.100.
To V. ra Cruz -Nov. 5— Strtamer Violante, 1,027.
Liverpool Nov. 11— Steamer Lady Arja.troag, 8,595.
To He vre— Nov. 5 St^^a'uer Raisby. 6.385.
To Genoa N.iv 7- Steamer Dalegarth, 6,252,
Bronswick- To Liverpool— Nov. 7- Steamer Inehbarra, 12,000.
Charleston-Co Llverpoul - Nov. 4-Steamers Cambria, 5,815
Other French ports..
ToTAi.
I
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
Galveston- To Liverpool— Hov. 5 -Steamer Roehampton, 4,855
N.iv. 7 - Steamer H. M. Pollock, 6,785.
fBW Orleans- ro Liverpool -Nov. 4 -Steamers NavigUor, 3,750;
Texin, 6,180 ...Nov. 9 - Steamer Explorer, 3.632.
To Havre - Nov. 4 -S'eamers Benoroy, 5,60''; Tanta'Ion, 2,363 ...
Nov. S— Steamer NIgretia, 6,283.
To Bremen -Nov. 5— Steamer St. Oswald, 4,800
Nuv. 8 -Steamer
Toledo, 5,717 ...Nov 11- Steamer Abana, 7,800.
1892
1.
,
Total
«7ic«
Ifon.
4
Oct.
20.
Bremen
Hamburg
:
THE CHRONICLE.
816
Other
.
1
6.623
6,259
2,996
120 213,112
The opening,
1
'
I
highest, lowest anJ closing prices of futures
Prices are on
at Liverpool for etoli day are t;Wen belo.v.
the basis of Uplanls, Low Middling clause, unless oUierwise
stated:
Thus : 4 63 meant
The prieet are (fioen iti pence and 64<A.
leS-eid., and. S 01 means 5 1 64(t.
fy
^
:
.
.
November
.
:
THE CHRONICLE.
12, 1893.J
Sat.i Not. S.
Tboo» Not
Not. 7,
nisn.i
817
Bith L«w. Olm. Optn Blih Low. OUm.
4.
4.
4.
«.
4.
4 30 430 4 30 4 30
,
N0T.-1>M.. 480 ISO 430 480
Dec-Jsn.... 4 81 iai 4 31 4 31
Jan.-Keb ... 4 88 «ss 4 83 4 88
Feb.-Mota.. 4 86 «ss 4SS 4 38
Uch.-Aprll 4 88 <S8 4.
"8 4:8
Aprll-M»r.. 410 4 40 4 40 440
Mar-.Tun».. 4 48 4 44 4 48 4 43
JuDO-Julj. 4 48 t4ft 4 45 4 48
NoTombar
4 80
48t 480
430
4 88
4 80
4 81
4.
4 88
4 43
4
48
4
4
411
4.
4.
oioi
4.
i».
4 88
4tH
4 38
4 3H
4 88
4!<tl
48«
44 441
4 41
4 41
4U
4
4 48
4 48
4
48
4 48
4 4B
4 61
4 48
44>l
4 18
4 81
4 68
4 68
4
4
4 47
4
Uv.
4 80
4 4^
4 46
45
47
a<«A
488 488
488 4 88
488 4S»
4 81
488
4 88
488 4S4 488
96 487
480 487 4
488 4 40 4 88 4 40
4 41 442 411 4 4*
81
4 81
4
opM
OSAm,
Oom, p«r boah,—
Wearn mUed
77>*
BteamnrNo 2
H.
ifbMt—
OpM
1
4 44
48
4
411
63
e,
a,
anr!iut.n«rbnah...
winter 5o 2..
70
7a
Red wtntar
0%
Whlto
•ta— Mixed. .9 ba.
WliHe
No. 2 nilxnd.
No 2 white
70
86
80
Km
8t
70
78
as
4U
Waatern yellow ..
Wa«t«rn white,....
Rti—
Weatera, per bnah.
AT^
47 • S3
4»>*> S4>%
49 • tS
40 • S5
56
•
00
KtAtaand Jeraey.. 58 • AO
ICa Barley— .Vo. 3 Weat'n. 7H • 80
AoRiCULTtJRAL Departmknt's Rbport,— Tho Agricultural
Dopartment'8 r,-port on tho cereal cr.>p9 was iasaed oo Njt. 10,
and is given below
Tho nvomife .vield for com In the nevcn «nrnlnii aialmi ure »« follow*:
30>«*
2!) hUHhi'l*: Iiiilinnn, 21; Illlni>l», li.'i-S: Inwa. 2-1; .MI..»oiirl. 2"!
2:i:t; Ni'liritHkn, 28'7.
Tlie nvcra«B yield iif luickwhi'itt In 1 1'l
Jalf-Auff..
Ohio,
AUK.-Sept.
KanKax,
New
bualield poriiore; In
13-.^! town, 10-7.
York, I4'7; roDnaylvunlii,
1
1
Wliic<io>ln,
.'•;
The crop rntnrna of November
Wed.. Not 9.
Tkara.. Not. 10.
Not. 11.
FrI..
Opm\Bl«h Low,
OIiM.
Opm
4.
4.
4.
4.
4.
4 44
4 41
4 42
4
4 48
4 48
4 44
4 48
4 49
4 42
4 51
4 61
4 54
4;9 4dl
4 63
4 51
4 68
5 00
-C
4.
NOTember.
40
40
41
48
46
47
4
4
NoT.-Deo..
Dec-Jan...
Jan.-Keb ..
Feb.-Mch..
4
4
4
4.
4 48
4 48
4
40
4 42
4 44
4 40
4 42
4 44
4 48
4 41
4 48
4 43
47
4 4S
446
4
4 41
4 48
4 48
4 51
4 63
4 55
4 45
4
4 46
4 47
4
Apiil-May..
460
Hi
460
4
Maj-June
4 62
464
4 62
4
Jane-July
jQly-Aag..
Aug,-8ept
4S4
4 67
4 54
4
Mcta.- April
4
47
4»
68
64
67
EOth Low. Olo>
4
4
45
47
4 19
4 51
4 63
4 58
4 58
458
Op«n{ HigA Low. Clo.
!
4.
4.
48
4.
4
4.
60
4 51
4 5)
4 51
4 61
4 50
4 51
4 43
4 50
4 60
4 62
4 52
4 47
4 56
4 67
4 52
4 54
4 58
4 59
liO
4 46
4 52
4 55
4 50
4 57
4 5Si
4
4 49
4 62
4^4
59
<«1
4 82
1«3
501
4
4 63
6 01
600
to the Departnimit of Aicrloiilture,
with thofie of Outobor, Indicate the yield of the yo:ir of the pHnclpnl
food produotH approximately to the perfert4'd enilniatcA at the oto'«c o(
the J ear. Tho yield of com nvernicon, by Novninbor rvtorii'i, 2^-4
biinhela
per aero, and pmmlara an nanreifite pro<liicilon of
while
little
million
bnahcN,
tho
other
Iban
1 OUO
n
bread
wheat,
by the retiinif of la«t month,
Kreat
frralii,
pointed to a product, batted on acrease InvotlKatlon nearly
perfected, not cxcctdlnK 50) million bnahei*, with a jmiiiilblllty of
sbrinkaKe and a certainty of Hirht weight. In Northern Htiiteaof tho
Atlantic Coant crop ripened well ; lu tlie cotton Htaten It waa Injured
soinewhnt by excessive moisture, caufiInK rot and mould, and In aoino
dUtrioli* It wa« shortened by drought. In Ohio the crop Is well ou. ed
but chaffy from dryini? too rapidlr. Yield 1« v>ry uneven, ranutn*
from 10 to flO busbclR per acre. The Indiana product la In jt>oa
condition on earlyplnntcd areas, and b«it«r waa exi>ectea on
late planting, and lu view of tho lonK continued dronxht local
yields are extremely variable. There Is much com luint of llsbt
ness o( ears and looseness to tho cob In Illinois, and same
yli<l(l
variability
in
and quality as elsewhere. It Is well
dried out and damaiied by drought, aome was Injured by beloK cat
and shocked too early. There is much cbatTy corn, and the aver<^Ka
BREADSTUFF
FBI 31-
,
S.
NoTemberll, 1892.
The market for flour has made no change of impirtance
The demand was quit-t and almost entirely from local jobber^
at about the same rices as those ruling last week. Corn raeai
\
Iowa corn has ripened well, heavy frosts
weight will be light.
being delayed till the la^t week of October, but late pljute<l Is
shriveled from the rapid drying of Imni'ituro cars. A part r>f the crop
The low lying ar,;as were
is sound and good, and a portion very light.
damaged Irrelriovnbly by the excessive moisture of early summer.
Wet weather In spilug and drought In samtner reduced quantity
equally In Missouri. Thi average In Kinsas Is reduced by the low
yield of sod corn, which of course wa.s included In ihe aggregate: low
or bottom lauds here yielded better thin uplands, as seisoii was too
dry for a large part of the breadth. Scorching winds in June injured
crop materially. Nebra<k.i corn, if evrlv pla .te I. ripened IhorongUly,
Some of the late planting lait in with the lister was plowed up and
sown to wheiit; varial>ilily of >leld mikes it dilBcult to fix a fair average. In low places there was some injury from frost.
The estimate 1 yield of imtatoes U ^i buslicls per acre. It Is 82 In
Maine, 63 in .Vew' York, 60 in Pennsylvania. 62 In Miotilgan, 70 In Minnesota, .'il In Iowa and 47 in Kansas. Crop isaimist everywhere
light; tubers smalt as a rule, and rotting considerably lu Now York
anil throughout the West.
Yield of toh.aoco is less than last year, the average being reported at
682 pouuils per acre of all kinds, ag.iiust 718 last year.
Tho average ytebl of hay la 117 tons per acre, nearly the same as
has been quiit, but for the choice grades prices have ruled
firm. There wi^s a good inquiry for the choice brands of
flour to-day at full I rices. Corn meal was firmly held, but
the demand was quiet. The fpecu'alive dealings in wheat
have been faiily active and prices have made a slight improvement on unfavorable weather reports from the West
and a material falling off in the movement of winter wheat.
The spct market has been less active, but prices have advanced scmewhat in sympathy with contracts. The sales in 1391.
riie movement of breaJstuTs to market i-j in licatel in the
yesterday included No. 2 red winter at 75}^'a 76J^c., f.o.b.
afloaf. No. 2 hard winter at J-.fc. under December delivered, jtatement below, prepared by us from the Azures of the New
and urgradtd red winter at 73i^@76c. To-day the market Yoik Produce Exchange. We first give the receipta at
was fairly active and higher, o« ing to the Government re- Western lake and river portt, arran;;ed so as to present the
comparative movement for the week ending Nov, '}, 1893,
jport, issued last evening, being less favorable than expected.
The spot marki t was firm but quiet. Choice ungraded red ind since August 1, for each of the last three years:
winter sold at 75Xc, delivered.
narUv.
Flour.
Whent.
Corn.
Oltt.
Rw.
recHpttatOAI1.T OLoonio PRiocB or no. 2 bed winter wheat
January
Marc h .tellvery
0,
0.
o.
May deliver
'
o.
o.
TI^b
7.'i%
77%
80»9
827e
T^JM
Wt/l.
Thurt
»»•.
5
TS'i
75>«
ViiSg
2.
7. '9
70^
S
»
^
Hon.
Sat.
Kovember delivery
December delivery
'S'g
Sl'e
7
VT^s
7H>4
8 39
^45*
7.i
76I4
77'8
81
833a
84
M
»8
Sl^
83»8
Indian corn futures have been moderately active and pricfs
have been marked up a trifle. Advices from the barvestir g
districts report the out-turn of the crop as dLsappointing and
receipts are running small. In the market for spot corn there
has been a moderate demand from shicperf, and yesterday's
salts included No. 2 mixed at 49^^(a 50c. in elevator, SO?^'
SlJ^c. delivered; also No, 3 mixed at 49c. delivered. The
market to-day vras moderately active, and prices advanced a
trifle on unfavorable crop advices.
The Government report
was Letter than expected. Tie spot market was fairly active for
export, and sales include.d No. 2 mixed at 50c. in elevator and
51@5 i^'c. delivered; also yellow at SO'^QiSOJ^c. in elevator.
DAILT CLOHINO rKICBS OF NO. Z mXHD U<IR.-<.
f*
Thur:
Bai.
Hon
ruM.
"erf.
n
-.
I'^sg
5014
50
SO"*
HoTeinber delivery
0.
**'''8
'°°8
51^4
^^
De<emher d-^Uvery .. .0. -"0=8
2
—
Jaiiuary delivery
0.
r.
May delivery
50
5
»
f>2'9
81%
SI"*
"^
"s
.-ISs
51%
63>8
53>«
53%
Oats have had a fairly active market and prices have tended
upwards Receipts have cottinued light and the grading
unsatisfactory. The market was fairly active and stronger
to-day, sympathizing with the advai ce in w';.eat and corn,
DAIUV UUIBINU PBIOK8 OF NO. 2 MIXUU OATB,
^11
November delivery...
DcimberdillTcry ....
Janu;.rv
May
Uv. ry
dBllvery
rt.
Rye has been
c.
0.
o.
.Won.
36>4
'AlH
3.5>«
3l,»8
Tmol.
•
TAurg.
"'^
3'
.6^
41%
b8>4
3(-%
38
36>4
"<
>*)
Barley has b" en quiet but bti ady.
The following are closing quotation*
I'l.KDR
Fine
Bnpertlne
l,3M.8o5
782.7i«
13e.47i>
7S,^3':
519.-W0
l,795,7i5
8i.040
118,000
158,80.1
eo,>20
aiSV)
4,3.>.
1,509
11,800
y.1-,1
385.400
237.5;8
85.in2
41,78(1
4 ',860
8,50(1
si.e <s
8.70'
111,-81
floor In
lll.eS'l
Dttluth.
Ulnn-apolls.
Toledo
Detroit
OleTeland....
it Lonla.....
Peorta.
l.SOl
81,115
I
8S7,43
(
,.
..
8,239
>
12»,10.>
,<il.<.W(l
5«,S1<)
eo.eoo
11 too
400,78
209.115
1 1-.40O
17,6i(i
'92.
S:tl,JB3
8,101,44.1
2.1.52
2.1J9,10(i
1.479.755
28(<,t:,0
wl^-Ql.
810.009
J81.117
7.982,081
1,512 101
2,7i7,02
1
1.287,018
3,508.917
1,818.181
1,»8\90»
1,173.211
tll,»S*
121,132
10.711.171
S.899.110
Tot.wk,
jame
lame
«,«73.7ui)
3.75(1
wk.'9o.
fince AUQ.
1893
817
1.
4,021.188 I12.418.ia;
3^703,791
3J,8C3,3»)
1831
3.435.68.1
98,905.7.l(
30.0 19.0
IStoO
8,4«3.896
4il,-70,89S
21,051,012
82.9ni,S2;
The receiDts of
week ended Nov,
fla ur
Boston
Montreal
i;raia at
bUHll.
1,
3.t.2.^5
Philadelphia. 81,844
Baltimore ... 91.6^3
Etiohmond...
2,2.0
New Orleans, 15,498
J
8
11. 159.8
W
13,958.883
3:».2«7.98
9,718,107
1,815.487
the seaboard ports for the
follow:
Wheal.
5
73,110
...
and
5, 1893,
Flour,
At—
bbli.
Sew York...l8S,2
'2^.600
85,440
249,372
442.050
278.512
25.748
217,375
Oaf,
bitsh.
Barltn
biuh.
Corn,
biuK.
Kwe,
bn*A.
60 ',750 187,050
41,500
424,400
111,6.15
194,136
146,038
92,110
5,988
9.541
21.800
10.200
^
107,775
257,175
5,77'l
91,932
800
2,43J
l.i.OOO
8,3-.«
2,148
10,851
300
66.589
Tot week. .468,017 2,824,127 1,031,857 1.068,035 207,391
Week 1891 337,-62 2,196,258 5 13. lOi 1.30 7,J8" 405,101 372,217
Below are the rid sUipiieits of fijur aai graia from
Western lake and river ports for four years:
1890,
1889,
1892.
1891,
Week
Week
Week
Week
.Voc. 9.
Kov. 5.
nonr
bbls.
Wheat
bush.
Tom
Barley
1
Bmh.3Hb> aiuh.4»lbt BuJaita,
Ullwsakee...
Date.
I
lAa
l,893.93u
I
:•
1
a.is^iai
|
tf
Extra. .No. 2
Extra, No 1
Clears
Btralvbts
Patent, eprlni;
(Wbeat
«3 5 »»' 2^5
»! 7o».*2 00 Pitent, wlai«r
4 2)
1 8o» 2 l.^
City iiUih extras. ... 4
1 9>» 2 iS
Hye Hour.superltne.. 3 2>» J 50
»
2 f>l» 3 OO
Pine
2 8.5»
3 > Corn iue.il—
2 80 » 2 9
sVe'tern.Ao
3 40» 4 20
3 03
Hrandywme
4 204 4 5i)
naotu sella at prices below tbnee for barrel',]
bbl.
JtMh.!)
87.83-
41%
41%
o
S03i
and piice^ have been lowered somewhat.
Ic'g
dull
x
2
....
.
^i
Ved.
3«>«
^"^^
SU>ig6I6x Buih.0O Un
....
Chleago
Rye
y-ie. 7
,Vo». 8.
34i,0J3
305,837
225.318
2:6.261
814,960
1.211,03 1
318, '81
1,676,820
291,081
76.113
6 2 1,191
.S69,586
1,409.0
271,2 2
1,091,126
374,'ion
1,419,781
40('.350
111,510
6 1, •139
8-5.759
583.333
415,661
10J.3K>
2,938.297
2,3 2.179
3,«l)6,:U0
several seaboard ports for the week
ending Nov. 5, 1892, are shown in the annexed statement:
Total
3,150,600
The exports from the
.
.
THE CHRONICLE.
818
IxporU
from—
HewYork
Boston. .
Flour.
Corn.
Wheat.
Bush.
1,193,902
127,940
Buoh.
557,904
94,847
115,292
513,376
227,542
293,707
l',387
153,862
47,467
Bush.
2,136
20,550
Bush.
61,759
Bush.
7,867
9.515
8,397
9,260
l,l>72
Montreal
Philadel
Baltim're
N.Orl'ns.
141,369
5,239
31,352
103,777
8,57i
462
N.News..
Klclun'ud
week 2,471,759
793,507
343,231
32,201
B'me time
1891
2,457,707
747,000
22R,393
406,397
78,727
17,127
301,393
400,96'
The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports,
In
Nov.
1893:
Wheat,
5,
—
14,956,000
New York
80,000
Do afloat....
Albany
3,305,000
10,137,000
1,777,000
6,251,000
3,737,000
Buffalo
CaUoago
Milwaukee
Duluth
Toledo
1,1911,000
Detroit
Bt. Louis
6,550,000
15.000
Do afloat....
Cincinnati
8,000
221,000
Boston
Toronto
135,000
493.000
Montreal
PhlladelpWa.... 1,736,000
Peoria
135,000
Indianapolis
531.000
Kansas City
2,019.000
2,149,'I00
Baltimore
Minneapolis.... 5,987,000
0» Mississippi..
27,000
On lakes
2,200,000
Oncanal&rlver 1,048,000
Oats,
bush.
bush.
store at
bush.
1,721,000
33.000
6,000
59 ,000
7,045,000
10,000
3,156,000
239,000
30,000
90,000
15.000
11,000
432,000
18,000
205,000
259,000
83,000
170,000
340,000
8,000
48,000
1,137,000
',90,000
Tot. Nov. 5. '92.64.717.000 13.281.000
Tot. Oct.29, '92.61,635.000 13.291,000
Tot.Nov.
Tot. Nov.
Tot. Nov.
7,
8,
9,
'91.38,971,931
'90.22,699,747
'89.26,842,239
2,811,931
6.385,063
6,966,403
Barley,
bush.
Rye,
bush.
Corn,
22,000
10,000
564,000
2,375,000
22,000
51,000
8,000
15,000
119,000
407,000
157,000
4,000
448,000
183,000
350,000
110.000
38,000
389,000
122,000
15,000
38,000
53.000
33,000
"i'.obo
16,000
1,000
19,000
4,000
421,000
99,0
)0
190,000
125.000
95,000
14,000
355,000
56,000
10,000
HI, 000
"7,066
70,000
34;6oO
11.000
91,000
"6,060
81.000.
128.000
ios'.ob'o
6'7,00O
3,000
'4
170,000
",606
380.000
268.000
41,000
8,255,000 1,276,000 2,183,000
8,465,000 1,048,000 2,301,000
4,384,398 2,428,427 3,18'', 494
3.9SH,231 707.001 4.7J0.3S8
6,685,241 1,307,149 2,48i,598
Friday, P. M.,
November
—
Week. Situe Jan.
186
20
4.9.'i0
14
51
1.472
69.255
5,730
12,675
6.985
14,405
3,052
5,545
400
62
41.383
2,484
China
112
India
Arabia..
Africa
West Indies
"25
262
Mexico
Other countries.
..
Total
Ohlna, via Vancouver.
1.132
349
167.935
18,120
1.
393
200
20
351
26
31
1,243
47
2,403
4.009
108.074
8.421
12,098
4,715
12,276
3,306
7,525
30,804
2,392
1,481
186,055
2,403
218,444
From New England mill points direct.
The value of the New York exports since January 1 have
been $8,607,308 in 1893 against $10,374,603 in 1891.
Brown sheetings have been in fairly good request, the demand, as was the case last week, covering a wide range of
'
have been recorded in w ide sheetings and a variety of colored cottons. The tone is strong
throughout, and prices of such makes as have lagged behind
sales
None.
(est.)
264,000
566,000
None.
558,000
830,000
—
Both before and since the elections
department has been more interfered with by the intrusion of politics than other divisions. Business has been
perfunctory and on a small scale in all seasonable lines and
considerable irregularity in prices still rules in stocks of
fancies of all descriptions. Fir future delivery there has
been a moderate business transacted in leading staples in
and woolen and worsted fabrics, but most buyers have
placed their first round of importation orders in these as well
as in ribbons, laces, trimmings and other specialties.
silk
Importations of Dry Goods.
The importations of dry goods at this port for the week
ending Nov. 10, and since Jan. 1, 1893, and the same facts for
the corresponding periods of last year are as follows:
H w
H
S
S
£ is is Pill
as. If; §r§
D*
§;
ai
•
C
.
to
w
V
H*
<l
.
'
B
H
»::::*
Vf
a>
,
i
;
;
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§:
»
;
p;
E;
OM^-JW
et,
<i
w
h-^
X
a. CO
wx
iJ^Mf-tO
M-CICJiO-OO
M
p^
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r
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PS
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5
<l:ctc to
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to to
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to
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;
:
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:
:
H
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C."
Si
g;
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S
r
.
(X
kOHtOtO
ifrOUtW*"
Vn
ih'
S
s
£j
a
CO
b9
to
MOl
oto
w
a
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'
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MO00--3 0I
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to cox en r-
tSlFIfrtO
s
n
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10 M K
hV^CO-J
X COWOJMtO
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1
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1-1
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MtOXtOtO
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tow
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In bleached muslins business has proved on an ex-
and good
8
205.000
353,000
None.
this
w
scale,
1890.
iVoK.
None.
None.
None.
opening of the new fall lines now about due. There is much
curiosity about prices for the new season, owing to reports of
a contemplated advance by leading agents, but from the general disposition of buyers higher prices are hardly likely to be
realized without a struggle. Still, agents have seldom had the
market in better shape than at the present time. They are
carrying no weight of stocks and reputable manufactuiers are
well engaged ahead on their contracts for spring. Uvei'coatings are in good shape and cloakinga are well situated also.
Union and cotton-warp cassimeres, doeskin jeans and
Business in
satinets continue comparatively out of favor.
woolen and worsted dress goods has ruled quiet at first hands
for spring makes in both staples and fancies, while jobbers
have made indifferent headway with their stocks of fall supplie?, even the " drives " in soft-wool fancies which have been
placed on the market under cost of production going off
195,143
23,301
Total
makes.
tended
34c,
Domestic Woolbns. —This department has again been decidedly dull and devoid of particular feature.
Buyers are
through with purchases of heavy-weight men's-wear fabrics
for immediate delivery, are not prepared to do much duplicating yet in spring-weights, and are awaiting an extended
Week. Since Jan. 1
80
12
J^®
1891.
Noe. 7.
A'oc. 5.
Total stock (pieces)
1891.
8.
Great Britain
Outside speculators
CO
1892.
to Nov.
1892.
stock of Print Ololhs —
Held by Providence manufaotirers.
Fall River manufacturers
Foreign Dry Goods.
11, 18&2.
Although business has naturally been interfered with by
the eicitement attetdant upon the elections and the close
holiday en Tuesday, it has nevertheless reached a considerable total at first bands in cotton fabric. Buyers have evidently wakened up to the fact that in staple manufactures
of the brown, bleached and colored order the market looks
like getting away from them if they do not act promptly, and
there is re ore decision noticeable in their operations generally
than for a long time past. Agents as a rule say that they
do not regard any part of the business now passing as speculative, ni r will buyers admit that it is so; but as the latter are
undoubtedly placing orders for much larger quantities
than usual at this time of the year and are getting
covered ahead of requirements in sight, it is difficult
to avoid the conclusion that there is at any rate conservative speculation at the back of a Lumber of operations.
This view is supported by the fact that neither the jobbing
nor retail branches of the dry goods trade reflect the activity
which has prevailed at first hands for some time past. This
does not make the situation any less strong at the moment,
but is suggest' ve of a pause later on, when, under normal conditions, a good business ought to be doing should consumption fall even slightly below the proportions evidently counted
npoD. The advances noted in recent reports have been supplemented by others this week, bringing nearly all lines of
domestics into parity with the level reached by leading make?.
The local jobbing traie has ruled inactive throughout.
Domestic Cotton Goods. The exports of cotton goods
from this port for the week ending Novembers were 1,133
packages, valued at $87,817, their destination being to the
points specified in the table below:
Kbw Yobk
raised
per yard. Exporters are still very moderate buyers, but with
such a good home demand this is not regarded as a matter of
moment. Southern plaids are generally in good condition,
the supply this year having been reduced by the diversion of
mills to other cotton goods.
Silesias, kid-finished cambrics
and corset jeans and sateens are in good request and very firm.
Business in printed cotton fabrics is quiet outside of fine
specialties, which have again been in request for spring delivery; regular spring fancy prints will be placed before buyers shortly and a good trade is anticipated.
Ginghams are
without change. Business in printing cloths has been done
during the week on the basis of d%o. for 64x64s, but even at
this price buyers have only limited opportunities of making
purchases.
slowly.
THE DRY GOODS TRADE.
New York,
rvoL. Lv,
upward movement have mostly been
in the
Bye.
Oalt.
BUS.
Norfolk..
Tot.
5
.
kO
CO
to
to
X
ff,
g
05 Oi
cc CD too; 01
S
3
it>-if>-UX
tc*.
-jccn-ito
bV
v»oto
Oi-COOiO
CD
^
'-icD*o*»-b
a'
X-t^»-"JCO
*JtOU"»tO
rf».^-x*^cn
to
§
I-'MWh-IO
OH
a HW
f£>
K!
b bViVww
<itow^co
*
s
H «
M
CO
—
5
NoTutBUl2,
THE CHRONICLE.
18M.]
BrAJt AM) City DtfAHTM^WT.
Pag*.
Commercial and Financial CIIROXICLE
Brooklyn,
Brooklyn,
Brooklyn,
Brooklyn.
Brmiklyn.
Brooklyn,
Brooklyn.
Brooklyn.
40
tains
Stale
to
01
and
con-
paxes published overy week.
Supplement
City
of
CHRONICLE
con-
ISO pages published several times each year.
Invostori' (Supplement of CHROKICI.E (a Cyclopaedia of Railroad Securities) contains 160 pages published
caina
CTery other month.
Subscription to CHRONICLE for one year 910.00,
which includes every issue of both Supplkmknts.
The purpose of tbis State and City Department
la
to furnish our subscribers with a weekly addition to
continuation of the State
words, with the new facts
and corrections
we shall
and City Supplement.
we
down weekly
In other
Fhall give, the amplifications
publish,
shall analyze in the " State
and
and the municipal laws we
and City Department," we expect
information contained in the
State and City Supplement to as near the current date as
possible.
Hence if every Subscriber will note in his Supplement 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
oyclopsedia of information respecting Municipal Debts.
to bring
the
648
648
SALES.
dulness
in the
Notwithstanding complaints of
which have reached us from
municipal bond market
various quarters, we fiad on summing up our returns
for the month of October that there has been no falling
On the conoff in the demand for a good city loan.
trary that
demand has
largely increased, as
is
indicated
by the fact that while the total amount of bonds issued
in October is about double the amount which was issued
in September, the number of bidders at the October
sales have been quite as many and the prices have been,
as a rule, even better than those received daring the
previous month.
New loans
N.Y
N.Y
N.Y
N.Y
N.Y
N.V
N.V
(!)iiirl('Hton. H.
('till'.
1805
1805
1805
1HU5
1805
I8U5
....Sigii
....H>gil
....3>sii
....
.
18tt5
1895
1805
...3'8«
C
iMVA
Awtounl.
50,000 100-M
100,000 10018
100,000 looia
100,000 KMMII
100,000 100-32
100,000 1(K)'3A
10O,0<X) IOO-28
Itaturily.
....8'»i
..•..8HH
....8iga
....8'»«
....8)a*
lOO.OtM)
3(K),00O
50,00<J
Sa
1803-1912
Hiinltary Dint., 111.5*
Corpux ('lirl«tl, Tex... —
610 lliinniliiil. Mo.
Sn
735 l>m AiiKotufl, Cal
5a
5*
770 HnnltowiiG, WU
MlnncapoUH Minn
4«
648 New York city
8«
3«
648 New York City
048 New York City
3e
648 Norfolk, V»
5«
697 Norwood, Ohio
5«
048 Oinuhu, Neb
5s
735 Onuldii Co., N.Y
4s
735 Onoltla Co., N.Y
4i
—
097 OyHter Bay, N.Y
697 Paloune, waah
649 Pa»niUc, N. Y
5»
735 Rlcliiuonil Co., N. Y. .3»as
777 St. Ixinltt, Mo
4a
3,000.000
90.000
1012
1808-1913
1800-1004
July 1 1023
Nov. 1 1011
Nov. 1 1911
Nov. 1 1911
July 1 1923
1022-1939
1893-1901
1893
20.<K)0
895.000
.'lO.iKK)
25,000
5,000
115,000
105,455
34.000
18,000
333,800
17,80 J
17,800
36,000
17,000
0,000
45,000
1,155,000
10,000
600,000
6,000
3,000
2,839
75,000
10.000
0.314
2,100
1,350
1894
—
.
611 Hchcncctarty, N.Y
649 Syniouae, N. Y
Oil went Cleveland, O
649 Wt>ortter,
736 Wyoming, Ohio
650 Yuklma Co., Wash.
Oil Younitstown,
Younj?.stown,
Youujjstown,
611 Youugatown,
1012
1917
1 loia
4»
Dot. 1 1921
3't» Oct. 1 1920
1893-1898
6a
1893-1902
69
6b
1803-1903
Sija
1913
1894-1808
69
1804-1898
69
1894-1808
6»
1804-1808
6a
Nov.
Total
regate of salen far which no price
cm -.iO municipaUtlea)
UKcai
1
001
10<>-fl5
101-50
100
101-90
102-507
101-298
100-433
10190
100-90
100-53
103 20
101-25
100-810
100-75
101-40
102
105-204
105-4
102-887
101-19
113-90
102
103-10
100-088
103-60
100
105-13
105-063
105
05-55S
»6,603,327
la
reported
5,123,865
11,727,192
Total salea for September
These bonds were sold at a fraction above par.
In comparing our present statement with that giyen
in the Chronicle of October 8, it may be noticed that
Brooklyn's 3^ per cent witer bonds due in 1911 have
been placed at better prices than were obtainable in
September. The total premium received for $200,000
of these securities marketed in that month was $2,815,
while during last month the same amount was sold for a
premium of $3,157 50, showing an advance of $l"71i
On the other hand, the prices received
per $1,000.
for Youngstown streat improvement bonds are not
quite as high as those reported in September.
In the case of many of the loans on the above list
For inthe number of bids received has been large.
Rirshmond
stance, Los Angeles reported thirteen bids
County, N. Y., reported ten; Manitowoc, Wis., re;
and marketed in October have been
issued
reported to us by seventy-two different municipalities,
total amount of these loans is $11,727,192.
and the
The aggregate sales for September wore reported by the
Chroxiole a month ago as $5,907,952. Since the
publication of our September review two reports of sales
during that month have been received, namely Cincin:
the
30-ycar is to
nati
N.V
NY
OO'.I
*
REVIEW OF OCTOBER BOND
MaU.
ftornltnn.
Broolilyn,
TERMS OF SUBSCRIPTION.
819
amount
of
$300,000 sold at
Louis, four ; Omaha, five, &c.
going to show that the market has not been overall
crowdei with new issues. The only large loan included
in the aggregate of those for which no price is reported
was issued by the City of Newark, N. J. The bonds,
to the amount of $4,000,000, bearing 4 per cent interest and maturing in thirty years, were handed over
ported twelve; St.
amount of to the Eist Jersey Water Company in part payment for
Including these issues our the works and water rights which the city has recently
$35,000 sold at
total sales for September are $6,242,952, this amount purchased from that corporation.
being less by $5,636,2iO than the total sales reported
101-31, and Glendale, 0., 30-year 53 to the
lOl'lO.
for October.
The
reports of sales during the past
month come
from forty-seven cities, twelve counties, two school
districts and the Sanitary District of Chicago, which
latter includes the entire city of Ciiicago and the greater
In a table
part of the towns of Lyons and Cicero.
below we give the details of these new loans to the
amount of $6,603,327, and also the price at which the
bonds were awarded. For convenience of reference a
number is printed opposite the name of each municip-
Chronicle page where
indicating the
account of the sale in question will be found.
a
ality,
full
OCTOnEIl BOND
Piwr.
Location.
Rate.
7;i4 AnneArimaelCo.,Ma.58
59
Z"<i Allien.-., Ga
048 BiirnesviUe, O
648 KliieHcUl, W. Vtt
I
--
Brooklyn, N.Y
BrooklVu, N.V
Brooklyn. N.Y
Brooklyn, N.Y
:
Kings County SavlnKS Institution
Dime Havings Bank of William»burg
Dry DockSavlnga InatltuUoa
<<
,
I,
..
«
«
„
„
,.
••
.,
.,
..
•
Amount.
18931922
fr.MS'J
125,000
Ji-'^li
?*'555
^^-^SS.
105><'55
52'222
50,000
A ward.
108
100*
102101
1
1 1
02
101-68
101-55
101 -.125
100125
••
*f2'R2S "J ?2S!in^
iSS'SSS^MSS.??
lOO.ooo at 100;13
.'.""."."."
".
'.
100.000
100.000
100.000
100.000
100,000
200,000
at 100 19
at 100 23
at
at
'
at
10031
UHV-J.'i
00
J8
at 100-15
Williamsburg Savings Bank
Since these awards were made a question as to the le.a;aUty
of the issue has been raised, the obje^tioa to the cerliflcatej
being based upon Section 8, Chapter 635 of the Liwj of 1893,
which reads
8AI.F.S.
Maturity.
1893-1917
Aiig.32 1912
88
31-29 July 1 1911
S^s July 1 1911
3»aa July 1 1911
1895
3>3S
Cs
Brooklyn'A Tax Certificates.— On October 28 bids were
opened in the Brooklyn City Comptroller's ofllce for 8J^ per
cent, tax cfrtificates roaturmg three years from date of purchase and the following awards were made
as follows:
shall not be borrowed by a municipal corporation
on a temporary loan, except in anticipation of the taxes of the
current Bscal vear. and for the purpose for which such taxes
are levied, anA shall not be in exc?89 of the amo int of such
eight
taxes. Such loans shall always be male payable within
months and in no case shall interest run on any such loan
after such taxes are paid into the treasury of the corporation.
Moneys
THE CHRONICLE.
820
in this s'Ction.
As the statute of 18)3 stanls, now revised, it
does not in terms, refer to the statute of 1850. It contains no
repealing clause. Triere is no place for the priuciple of repeal
by implicatioa f )r the reason that the statute of revision
(that of 18U3) contains a schedule of salutes repealed, which
does not embrace the statute of 1850. Yet t\\u schedule was
prepared pvirsuanl to direjtioi of the statute of 1888, that the
commission provide fir "ihe specific repeal of the statute
which would be superseded or covered by the general statutes
so prepared by said commissioners."
Further the charier provision of 1850 was en icted in the
same words, subsequ >nt to the act of 1853, in section 13 of
title X of chapter 381 of th? laws of 1854, eni'led "An act to
consolidate the cities of Brooklyn and Williamsburg and the
to Corporation Counsel A. F.
sent the following opinion to Comptroller J ickson
The matter was turned over
Jenks,
who
of this week.
on Thursday
Law
Department,
Office of the Attori^ey and Counsel,
Brooklyn, Nov. 9, 1892.
To the Cnmptrolkr :
The quesUon submitted is whether the city of Brooklyn may
issue certificates p:iyable later than eight months from date.
Section 12 of title 10 of chapter 141 of the laws of 1850, entitled "An act to revise and amend the several acts relating
to the city of Brooklyn," provides: " The common council
after the tixes have been levied in any year shall have power
to make temporary loans in anticipation of the collection of
BUch taxes, such loans to be applied to the purposes for which
such taxes may have been levied and for no other purpose,
and such taxes shall be inviolably applied to repay such
loans." Section 4 of chapter 17 of the general laws (i^hapter
685, laws of 1893), so far as it affects the question now up is
substantially the same as section 4 of chapter 603 of the laws of
(See revisor's note in
1853, and is based upon that section.
report of commission, part 4, page 3,881). This statute of
1892 was prepared and submittel to the legislature by a commission appointed pursuant to chapter 389, laws of 1889, entitled " An act to provide for the revision and consolidation
of the general statutes of this State." Section 4 of the statute
of 1892 is to be construed as a continuation of Section 4 of the
statute of 1853, in accord with the rule of section 32 of chapter
See alsj The
1 of the general laws (chapter 677, laws of 1892).
People ex lel. Ulrich vs. Bell, City Court of Brooklyn, 4 N.
Y., SuiJp. 869, affirmed 125 N. Y. 722.
Starting with the charter provir^ion of 1850, 1 think that it is
not affected by the general act of 1853 (iacluding the revision
of 1892). It is a special and local act complete in itself and is
anterior to the gener.il act. The Legislature enacted this provision with such safeguards as it thought proper. It restricted
the sums borrowed to the purposes of the tax levy, and required that taxes, when collected, be applied to the loans.
It is a fair presumption that it it had intended to limit this
power by any other restrictions it would have enacted them
NEW
NEW LOANS.
S260,000
PER CENTGOLD BONDS
ISSUED BY
Consolidated
tjwn
of
BuRhwick
"An
amend
the charter of the city of Broo'dyn and the various
amendments thereof," and also by section 26 of title II of chapter 583, laws of 188-<, entitled "An act to revise and combine
in a single act all existing special and local laws affe :ting public
interests in the city of Brooklyn." The fact that the legislature not only enacted this provision for the city of Brooklyn
anterior to the statute of 1853, but also that subsequent to
that statute it; re-enacted such provision, and continued it unchanged in the charter of 18.54, in the amended charter of
1873, and in the revision of 1888 gives further and strong
groun Is for the belief that there was no intention that the
statute of 1853 should in any way affect this special and local
statute.
A^ain sec. 14 of ti'le XI of the charter of 1854,
wherein the act of 1850 was retai led, provided "rhis act is
hereby declared to be a public act. All acts and parts of acts of
the legislature of this State
inconsistent with the provisions of this act and not hereby repealed shall be and remain in full force and effect." This repealing clause may
well apply to the statute of 1853.
And, further, it seems to me that the rule that
special
statute providing for a particular case or applicable to a
particular locality is not repealed by a statute general in its
terms and application unless the intention of the legislature
to repeal or alter the special law is manifest, although the
t)
nH
"A
NEW
LOANS.
FOR
THE
8AL.K.
LISTS ON APPLICATION
Member, of the New York and Boston Stock
Grand Rapids, Mich.
fxchnnges.
1916.
CHICAGO.
ropulation otiCity 100,000
This company has no competition. Owns and operates 56 miles of road, all under electrical equipment.
Annual passenger receipts now amount to $425,000.
These bonds offer a safe investment, and we invite
the attention of conservative investors. Our special
circular and map of system mailed upon application.
132 I<A
&
S
PER CENT
'i,
38
6
Due
Co.,
STATE STREET, BOSTON.
NEW YORK.
NASSAU STREET,
Co.,
N
EW LOAN.
S75,000
PENN.,
SCHOOt, BONDS,
ISifi.
from 1^93
&
Blake Brothers
$30,000
Dated May
Lincoln, Neb
.Uinnea polls,
dill'erent
dates
to 191t2.
152.600
Real valuation. .17,600.000 Total debt
5,803
Ass'd valuation. 2,712,411 Population
Laws of Pennsylvania luult debt to 2 per cent of
assessed valuation.
Price to net 4 5-8 Per Cent.
City of Sandusky, Ohio,
BOCK IMPROYEMENT 59.
1
Price and Particulars on application.
1
FURTHER PARTICULARS ON APPLICATION.
WHITE & CO.,
and 74 Broadway* New York.
Send for
full list
113 Dearborn Street.
&
Hoff,
W.
REAL ESTATE AND INVESTMENTS,
96 intclkiean
NEW YORK,
CHICAGO,
it
of InveBtment Bonds.
Hackett
St.,
milwaukce, Wis.
First Mor^Oftes on Improved Milwaukee Real
Estate, bearing »\x and seven per cent tuterust
always ou Imnd. JSo charge to tho investor for collecting Luterest or loukin^ after taxes and fire Lusurauce* Absolute security.
4Hs
3s
3s and 6s
4s
6s
Minn
Chat tan oosa, Tenn
3b
3s
3s
EIbIu, 111
3s
Geneva, III
3s
6s
Menominee, Mich., (r'chool
New Whatcom, Wash., Gold
6s
KoblesTllle, Ind
3s
Hyde Park, 111
Ts
L>IuMkeKon, Mich
3s
Dixon, 111
3s
Lawrence Co., O
3s
Stark Co.,
3s
Gallatin County, Mont
6s
Terrell County, Ga
6s
Terre Ilauie, Ind., Water Works Co. Gald.6s
St. Louis El ctrlc St. R'y Co. Gold
3s
3b
.Metropolitan St. R'y Co. Gold
III.,
School
Send for circular giving descriptions and
N.
15
FARSON, LEACH & CO.,
C. H.
7*2
3s
3s
Helena, Mont
Decatur,
BANKERS,
SALLE STREET, CBIC LGO.
NEW BRIGHTON,
111
SuBia Barbara, Cat., Gold
Price 96 1-3 and Interest.
Lewis
4}^b
3s
6s
3s
Columbus, O
Omaha, Neb
PAPER.
COIHIIERCIAL.
4Hs
Chnmpnlffn, 111
Council Ulufla, la.. School
DEALERS IN
NEW YORK OR
INTKKKST SEMI-ANNUALLY,
A
Wis
III
Cleveland, O., School
Provirience, K. I., Gold
Portland, Me
Ashlan:!, Wis., Gold
Evnui^ton,
CITY OF
Geo.
4»
4s
3s
rs
4s
8prlDKlelil,
Chlcaifo,
Co
OND S.
B
Alilwaukee,
St. R'y
LOANS.
CauibridKe, Mass
Lowell, Alass
OF THE
MATCHING
muninpal g ivernment and
into one
to incorporate the same," and was continued, by section 20 of
title II of chapter 8)3 of the laws of 1873, entitled
act
INVESTMENT BONDS
FIRST MORT.GAGE
FIVE
[Vol. LV.
J.
Hayes
Wall
&
Street.
Sons,
BANKERS,
W.
Harris
Exchance P^ace.
Cable Address,
STREET,
YORK.
^q ^^,^^
NEW
YORIC.
BOSTON.
CHICAGO.
W. H. Howcott,
IWVESTinENT BAJVKER.
HIGH-GRADE LOANS EFFBCTBD.
restment«
T
Co.,
WALL STREET, NEW
MUNICIPAL BONDS.
•>
Dealers in
street Railway Bonds and other high grade In-
143 «»PeHor^«U_^
&
prices.
"KBNNBTH."
Pealer In
Southern
Appraiser
NO.
o<
lO'J
NEW
Timber
Lands.
Southern Land Values.
COMMON STREET,
O J1.EANS, LA.
NOVEMBEB
THE CBHONIOLE.
13, 1808.]
terms of the act would, taken strictly and but for tlio Hpecial
law, include the cbbc or caseB provided for by it," nppli<'H.
[HulTiilo Am. Ass. vs nulTiilo, Huprii; People ex rel nurroiiKliH
N. Y.,
vs. IJriiikerholT, (18
Walworth
60 N. Y.;
on Inter.
Again,
vs.
2.*.();
VanderburKh
Whitewater,
17
vs.
Wis,
821
bonds to the amount of $20,000 wpr«
sol I l<) th« SmoimI
National Hank of Cumberland at KM'2.5. The aecuriliea bMr
4 per cent intercit (due AftO) and they mature at the nit« of
$.'5,000 yearly from October 1 190) U> ltf).3.
Th- county ia aa
ihorized to issue $')V00O mort' of those tjon In, but It li pTohmhie that none will bo offurcd for sile during t lo rem ilndar •(
(Ireoiiliush,
103; Kiidlicii
Stat., sec;. 238.]
in the interpretation
and construction of the statute
are entitled to take into consideration that for the pa<it
forty years the city of Br oklyu his issued ita tax certificates
as a part of it^ customary financiering, without reKnrd to the
time limit tion mentioned in the statute of 1863 (1893) under
the belit-f that the legi-laturo had left the charter provision
unlimited by any other law or statute. It isb-lleved that
throughout these years not one cerliflcate of the many issued
calling in the aggregate for tens of millions of dollars has
evrr been challenged or disput -d as in a form ultra vires.
This is conclusive indication of the construction made of this
charier provision by every one who has been ei'her in control of the city government or who has farmed the taxes
through these ctrtificates, [Endlich interpretation of stat.,
this year.
we
Anne Arnndel Conntr, Md.—The
following n-porl of ih«
been sent to the t'nR'^NiijLEfrom
the office of the County Treasurer, and it fumhhe* taxnj <!••
tuih which Were lacking in our notice of I'ut week.
sale of court hou-^e tMtn'ls ha^i
"Under an act of the last Legislature $3.'>,000 of Anne
Arundel county registered coupon bonds were sold Thursday,
18 1802 the proceeds to be applied to building a new
court-house in Atm<ipolis. These bomls are all of th'> denominations of $.500, and are issued in five S'-rits, t-ach series
Oct.
amounting
to $5,000, maturing respectively in five, ten, fifteen, twenty and twen'y-flve years from July 1 1892, bearing
interest at five per cent.
They are exempt from taxation.
.Series A sold for 104-50; B, 108; C, 111-25; D, 11.3-87J^;
E, 115-12;^. Nearly all were purchased by the Farmers' National Bank and the Anna|K>{is Savings Institution, both of
Annanolis, and the amount realized by the sale
$37,6^1 87."
sees. 36()-8«l].
I am of opmion that the city of Brooklyn is not restricted
t} the issuance of tax certificates which run for eight months
only.
WM
[Signed]
Canton, Ohio.— (State and City Supplement, page 77.)—
5th the following bids were received for $80,000
of Canton refunding bonds maturing June 1 1000,
Lampreolit Bros. & Co. offered a premium of
9980 70
Central Savini;'' Bank offered a premium of
973 00
Bpltzer & Co. offered a premium of
819 CO
Seasongood & .Muver offered a premium of
540 00
932 SO
J. T. LewlH offered a premium of
475 60
J. R. Mitoliell offered a pri'miumof
Co. offered a premium of
396 45
N. W. Harris
202 OO
W.J. Hiijes & Sous (ti6,000 ouly) offered a premium of
included accrued interest.
All bids
The bonds were awarded to Lamprecht Bros. & Co.
The following officially certiGed statement of the financial
condition of the city his been forwarded to us this week by
Mr. WilUam Lichtenwalter, City Clerk
^^ For contlnaatlon of proposals see next pas**
Almet F. Jenks, Corporation Counsel.
In speaking of the matter in the Chronicle office on Thursday Comptroller Jackson said that none of the bai&s had as
yet refused to take the certificates, and that after the opinion
which had been expressed by Counsel Jenks he anticipated
no further trouble in regard to them.
On November
<Si
Bond PropoiaU and
ceived through the
recently negotiated
Negotiations.—We have
re-
week the following notices of bonds
and bonds offered and to be offered foi
«ale.
Allegheny County,
Md.— The County
Clerk, Mr. J. M.
;
Turner, writes the Chronicle that on November 7 school
CITY BONDS
Lewis
AND
FOB INVESTORS
I
FOR 8ALB BT
FISHER & SHAW,
INTESTMEIVT BAIKKERS,
4
South Calvert
Street,
BALTinORE, inARVLAND.
The Mutual Benefit
Co.,
1130.000.
CAPITAL PAID UP,
Choice Inveaimeiitii In the most CooaerTalive Field In the Weat.
Ooaranteed First Mort984168 on ImproTiHl laii<3t
and Kastern Nobraaka. Safe and Desirable.
n Iowa
FAIRHAVEN,
BELL.INGUAM BAY.
rUTURK METROPOLIS OF PUGBT SOUND
dMtlned to be the great ManafactniinK and Com*
merclal Center because
It
Aiy BCD PCklT
«IA rCn vCn I
produces a coke equal to Pennsylvania. Iron. Silver•ad. Gold and other ores. ElxtenslTe Quarries of
Blue Sandstone for building purposes. Valuable In^ ormatlon can be had of
TUB FAIRHAVEN LAND COMPANY,
FAIRUAVEN,
WASHINGTON.
Lamprecht Bros.
&
Co.,
BANKERS.
A.
UOTCUKISS,
GEO. H. LEWIS,
FIRST MORTGAGE GOLD BONDS,
Amouuta 83UU
to
810,000.
60LD DEBENTURE BONOS,
3, 7 end 10 Years,
iTIiANTIC TRUST CO.. NKW YORK, TRUSTBll
AiHoanta SlOO to •1,000.
A FBW CHOICE
PER CENT FIRST MORTGAGES.
Lombard Investment Co.
BROADWAY. HKW
Cleveland, Oblo, Perrr-Payne B'ld's
Boston, nau., fil State Street.
New York, II Wall Street.
MUNICIPAL SECURITIES
OF
VICINITlf
Ueall In br
Carothers,
Jas.
FOLKTH AVE., PITTSBDBG, FA.
Oseu (Market Taloea). Jan. 1, 18»2....t48.»30>»
Liabilities (N.7.
06
and Mass. Standard).. i6.S8<,4M 00
S.6t6,7W 06-
former N. T. Standard,
a.l37.(W0 06
(Am. Bx. 4M per cent Reserre)
POLICIIS ABSOLUTILT NON-rORriTrABI.1
inrplns. by
Aim
gUCONO TIAK.
In CA8B orLAPsi the Poller Is contixuid in roBO
IS long as Its valne will par for: or. If preferred, a
Pald-ap poller for lie full ratae Is Issued In exchange.
After the second rear Pollelea are incontc8Ta«li,
azcept aa against Intentional fraad and ati rsstrktons OS to reXdmss, travst oi- oeeurat%on art remoMd.
CASH LOANS are made to the extent of 50 per cent
)f the reaerre Taloe, where Talld aaalgnxenis of tBe
pollelea can be made aa collateral aecnriLr.
Lossis paid Immadlateir mpon oompleuoo and a*.
PToral of proofs.
;
FIRST NATIONAL
'
North
&
Feonrltlai.
L.ONDOM AND EDINBURGH.:
SAM.
WM.
P.
A,
R.
IN
TEXAS.
MO 00MM188I0NB oharfied borrower or lender an
loauB hare proren good.
& CO.,
SAM AMTOHIO, TIXA«.
FRANCIS SniTH
BLAGDEN,
Manager.
FRANCIS, Assistant Manager
ECKGR, Assistant Qen. Agent
JACKSON,
H. M.
8e:reta
.
U.S. BRANCH OF CE,
No. 54
WILLIAM
B8TABLI8BBD
ST., N. Y.
1866.
i:ngrene R. Cole,
STA'TIONBR AND PHINTBR.
Bnpplles Banks, Bankers. 8t< oc Brokers and CorMratlons with cumplata oatais of Aoooont BooU
md
S taUonarr.
ETNew
Mortgage Loans
Co,
Ins
OF
BANK BDILDINO.
Omaha, Nebraska.
British
Mercantile
YORK..
G. R. Voss,
Commercial Paper,
6«e
H. J.
PreaMmt.
^nrplos
W.
Write for Deaorlptlon.
lao
DODD,
».MZI
6% INVESTMENTS 6%
7
NEWARK.
LIFE INSDRAMCB CO.,
President.
Aot'g SeoretarT.
Bends, Btooks and Inreatint
MUNICIPAL BONDS.
PITTSBURG AND
D«<>enture Bonds, secnr-
ed br deposit of First
Mortgage Loans with au Baatem trustee. FirrMK
Fkabs' Scccissrtri, Expiriincx. Sknd fob PamPHurr.
has
The LarKest and Safest Harbor on the Paclffc Coaat
The Greatest Area of adjacent ARrlcaltoral Land.
The most MaKnlflcent Forests of Timber In the world
The finest Natural Town Site and Water Front
Immense Veins of the Best Coal in the West which
PER CENT
SIX
Yf.
90
THE
Investment
OES MOINES, IOWA.
OTHER APPRO? ED SECURITIES
MISCELLANEOUS.
MISCELLANEOUS.
MISCELLANEOUS.
<rdera
wUl h»T» taaU
oonoema ornnUIni _,,, „.„ ,^_„
.
.
promptly ezecated.
No. 1
WILLIAM STREET.
nANOTBB SQDARI.)
WALSH & FLOYD,
No.
-JO
Uroad
t«ireel,
STOCK BROKERS,
iND DSAJ^BBS IN INVKbTMBNT SECOMTl^
— —
:
IHE CHRONICLE
822
FIKANCIAL STATEMENT.
Canton on October 1 1892 was
This debt is divided into two classes, first Itnown as
General debt, wUicb is payable by general taxation,
$767,256 62
TTotal debt of
and second, tbe Special Debt, incurred for the construction of house sewer system and permanent street
Improvements, both being assessed on abutting property; the sub-divisions of the total debt are as follows
General debt
fipeoialdebt
^
$473,939 12
293,317 50
I«8S water works debt
and debt fund
$190,000 00
27,000 00
$767,256 62
1/988 interest
217,000 CO
$550,256 62
Net debt
$550,000 00
Value of water works plant
Value of public grounds and buildings, ex503.000 00
cludlngparks
$1,053.000 00
$45,000,000 00
$10,914,810 00
31,000
Total assets
Keal value of property
Assessed value of property
Estimated present population
Certificate.
Wm.
Lichtenwalter, City Clerk of Canton, Ohio, hereby
certify the above to be a true statement of the financial condition of the city of Canton, Ohio, Oct. 30th 1893, to the best
of my knowledge and belief.
[Signed]
Wm. Lichtenwalter, City Clerk.
Colton, Wash.— The water works bonds ot Colton to the
amount of $10,000 were recently sold to Theiss & Foster, of
I,
Spokane, at
"The trustees of the sinkiug fund will probably tike all of
these bonds that it is necessary to sell before June 1893."
Dabnque, Iowa— (State and City Supplbmbnt, page
107),— A proposition has been referred to the Dubuque Common Council to refund the city'a 6 and 7 per cent bonds, maturing in two to eleven years, by the issuance of new 30-year
58 to the amount of $800,000. No decision in the matter haa
yet been reported.
Erie, Pa.;—(State and City Supplement, page 67.)— The
City Council of Erie has passed an ordinance providing for
the issuance of bonds to the amount of $135,000 for sewer
purposes.
Fairbury, 111.— Mr. S. B. Downing, Treasurer of Fairbury,
writes the Chronicle that on October 29 water bonds to the
amount of $15,000 were sold to the First National Bank of that
town for $15,046. The bonds are fives, and they mature at
the rate of $1,000 yearly from July 1 1894 to July 1 1908 inclusive.
Interest is payable annually in Fairbury.
Garfield, Wash.- Garfield 6 per cent 30-year water bonds
have been sold to parties in Spokane. The assessed valuation
of taxable property in Garfield for 1893 is $344,935, and it is
stated by one of the town officials that this is only about 60
per cent of the actual value.
Lancaster, Pa.—(State and City Supplement, page 67.)—
The City Council of Lancaster has vot-^d in favor of negotiating a loan of $35,000 for sewer purposes.
Meagher County, Mont.
78.)
^In
bonds to the amount of ^00,000, maturing November 1 1903,
City Comptroller D. E. Williams writes us as follows
"While a straight city obligation, the Pennsylvania RR. Company, the Big Four RR. Company and other railway companies
axe all under rigid contract to pay into the city treasury annually one-halt the interest accruing on these bonds (as well
as on the $100,000 previously issued) and such a sum for sinking fund purposes as will pay oCf one-half of said bonds at
:
of
Trust Company, of
to the Puget Sound Bond
York,
6 per cent Meagher County refunding bonds to the amount of
The securities are dated January 1 1893, payable
$63,000.
January 1 1918 and subject to call on and after January 1
&
1903.
Melrose, Mass.— (State and City Supplement, page 37.)—
This town has recently sold $86,000 of 4 per cent refunding bonds to the Equitable Mortgage Company.
&
[amieson
J^
CHICAGO.
Co.,
&
Title Guarantee
Trust
STOCKS—BONDS,
OF CHICAGO,
Chicago Stock Exchange.
DEARBORN STREET,
187-189
Chicago,
Ills
S.
W0RM8BR, NEW YORK.
FLOWER &
NEW
YORK.
GLENDINNLNG 4 CO., PHILADELPHIA.
CO.,
Special attention given to out-of-town business.
Correspondence solicited.
Bbeisi, Member
D. M. CnuMiNOS.
Breese
New York
Member
&
Stock Bxchanxe
Chicago Stock Exchange
Cummings,
BANKERS AND BROKERS,
AND 113 inONROE STREET,
CHICAGO
Beonrltles listed in New York, Boston or Chicago
tarried on conserratlTe margins.
WM.
BLAUOHTER, Member N. Y. Stock Exchange
V. BAKER. Member Chicago Stock Exchange
A. O. Slaughter
94
9tt,
ifc
96
WASHINGTON STREET.
Capital, paid-up
$1,H00,00U
Undivided earnings, Including
surplus
Deposited with State Auditor.
Private Wire to
A. O.
Trust & Savings
Bank.
CHICAGO, lEE.
Illinois
Company
Members New York Stock Exchange,
111
(State and City Supplement, page
Minneapolis, Minn.
CHICAGO.
CHICAGO.
J. B.
New
103.)— City Comptroller Solan Armstrong notifies the Chkon-
their maturity.
E.
(State and City Supplement,
138, and Chroniclb, volume 55, page 330).— On the 1st
this month the Board of County Commissioners awarded
page
94.
City Supplement,
—Colnmbns, Ohio.— (State andissue of 4J^ per centpage
viaduct
reference to a proposed
L *
[Vol. LV.
&
Co.,
liA
GUARANTEES TITLES TO REAL ESTATE.
DEARBORN
ST.,
CHICAGO.
INVESTMENT SECURITIES
bought and
Is
a
LEGAL
J. Mitchell, President.
John
James
B. Drake, Vice-I*resldent.
Wm. n. Mitchell, Second Vice-President,
Wm. H. Held, Third Vice-Prosideni
S Glbbs, Cash'r. B. M. Chatteli, Ass't Cash>r
DIRECTORS
John B. Drake"
Estates, Syndicates, ludivlduals and Corporations.
Trust moneys and trust securities kept separate
from the assets of the Company.
L. Z. Lelter,
Wm. H. Mitchell,
Wm. Q. Hibbard.
John
Wm. H.
J. C.
D. B. Bhlpman,
J.
Reld.
J. Mitchell'
McMullin.
Ogden Armour'
Frederlak T. Haskell.
CORRESPONDENCE SOLICITED.
The Jennings Trust Co.,
OFFICERS;
GWYNN QARNETT,
President.
18S
A. H. SELLERS. Vice-President.
ARCHIBALD
DIRECTORS:
Qwynn Gamett,
Cbas. W. Drew,
W. D. Kerfoot,
John P. Wilson,
Edson Keith,
George C. Walker,
John O. Shortall,
Geo. M. Bogue.
John DeKoven,
;a. H. Sellers.
Samuel B. Ch&se.
W.
A.
C.
W.
ST.,
CHICAGO.
CAPITAL, PAID UP,
John
Green,
A. M. Pence.
P. Wilson,
&
Herman
Schaffner
Co.
BANKERS,
COMMERCIAL PAPER,
100 Wasliington
Street,
CHICAGO, ILL.
IOWA FARM LOANS
Are
and
experience
31
$500,000
SURPLUS.
$50,000
NEGOTIATES GROUND RENTS
Chicago.
Gondy,
sold,
DEARBORN
STEWART, Secretary.
CHAS. R. LARRABEE, Treasurer.
A.
Member Chicago Stock Exchange.
0OERB8PONDENCB SOLICITED.
under the jurisdiction and
OFFICERS:
John
Takes entire charge of
In the CltT Of
estates.
Acta as
agent for the registration and transfer of bonds and
stocks
Henry C. Hackney,
directly
Is
DBP08ITORV for Court Moneys, and is autherixed
to act as TRUSTEE, BXKCUTOil, llECKIVKR and
ASSIGNEE for KSTATK8, INDIVIDUALS tat
CORPORATIONS.
John McCaffery,
IL,LS.
Chieaso Securities Bought and Sold.
115
This Bank
aupervision of the State of Illinois,
by law to act as Registrar of Stocks
and Bonds, Executor, Receiver and Trustee for
Is aathorlxed
COUNSEL:
SALLE STREET,
CHICAGO,
'.200,«00
.
Oilers investors In real estate securities
protection afforded by no other system of
doing business.
BANKERS,
111-113
3'40,000
CAPITAL AND SURPLUS, - 83.-430,00«
INTEREST ALLOWED ON DEPOSITS.
and the payment of coupons,
dividends.
interest
and
Authorized by law to receive and exeonts
trusts of every character
and Individuals.
A legal
from
courts, corporations
depository for ooort and
trust funds.
INTEREST ALLOWED ON DEPOSITS of money
which
may be made at any time and withdrawn
five days' notice,
afte
or at a fixed date.
TRUST FUNDS AND TRUST INVESTMENTS
•re
kept separate and apart from the assets of the
Company.
safe
sure.
years'
ol a dollar. Interest and
principal net to lender. Send for pamphlet.
without the XoHH
Fred. G. Frank
&
Bro.
LOCAL SECURITIES A SPECIALTY
«9 WASHINGTON STREET, CHICAGO.
Correipondenoe Inrlted.
ELLSWORTH & JONES,
Sai Chamber of Commerce Bldg., Chicago.
First Nafl Bank Bldg., Iowa Falls, la.
EsUbUshad 1871.
J.
B.
WALSH, President.
CHAS. H. HULBCRD,
Vloe-Presldent.
FRANKLIN HATHBWAY. Secretary.
SAUUKL D. WARD, Treasurer
LYMAM A. WALTON, Oalkl*'
NOVEMRERlS,
tlmt on Oct. 28
101, r.
bcyulH, iiiiituritiK
York, nt IdO'lUi,
llii>
July
nward
of
?'J."i.(H)()
of
I
New
Common
hM
Co,, of
whs rontirme.l liy the MinnoapolJH
There wore iu all niiio bids for the loan, which
Council,
are offlcinlly reported a& follows
Haiiit JuNoph, Mich.— Five |mt cent iitm«>t iniprovemrnt
Hi. Jiiseph t') the amount of $21,000 have be«a
awarded to Mosnrii. K. H. ICollins Jc Hoiu of Ctiica((o.
bonds of
:
Bid.
BlalrAro.,Now York
KnrnirrH' A Mcclmiilon'
100-432
100-404
99'ao
09*00
98*00
98-31
98'OS
97-75
'lOO'Sje
SnvliiK" Kniik, Minneapolis
Bii'WKtor, C'ol>l)><i Kxtiibronk, ll'mtuu, Uanit
Co., New York
Eiinllalik-Mortva^io
Ktiwftrd ('. JoHfH & Co., Ni w Yi>rk
Spencer TraHk
R.
Day
I,
ItoMton, Mass
UiiHton, M:i»i4
kt Cii.,
Cu,
1^
Blnke Bros A Co Huston. Mass
N. VI. Harris Si Co., ChlcaKO, III
• All lilililorn, with the exception of
Harris A Co., offered to pay accruort lntere>-t from July 1 1-!»'J ithe dale of U>u«) to date of delivery.
Mensr*. Harris & t'o. propo«od to i)ay Ink^rest only from date of sale,
October 1 18S>;. to date of delivery.
Morrlsvillo, Pa. The citizens of Morrisville have voted in
favor of bonds to the amount of $35,000 for the construction
of a water works system.
,
Sterena County, Ohio.— Bids will bo rceived by M. R.
Spurr, County Auditor, until Dec. 10, for tha purchase of
4 per cent Uinds to the amount of $0<),000, The bond* will
mature thirty years from dat« of iMue.
Toledo, Ohio.— (State ajto City Supplement, pa((»* 82.)—
2)ith bids will bo recuived by City Auditor
James H. I'heutt for the following loan*:
oaifBCAf. rvnu axt bonim.
SBWBR IMrROVKMSNT IU>!(D4.
On November
I
Newport, N. Y.— The VillaRe Clerk of Newport, Mr. Charles
the Chroniclb that water bonds to the
have been awarded to Mes>rs. Edward C.
L. Fellows, writes
amount of $10,000
&
New
York, at 102-23.
New York City.—(State and City Supplement, page 50.)—
Bids will be received by Comptroller Myers until November
16 for $100,000 of 3 per cent dock bond^, maturing November
Co., of
and for $199,749-82 of
3 per cent consolidated stock to
as schoolhouse bonds, maturing November 1 1911.
Both issues are exempt from city or county taxation,
1
1923,
known
be
Piqnn, Ohio.— (State and City Supplement, page 81.)—
Citizens' National Bank of Kqua is reported to have recently purchased 4)^ per cent 20-year gold- note bonds of that
The
city to the
amount
of $40,000.
—
ProTlncetown, Mass. Town Clerk S. Smith writes us that
the Commissioners of water have voted in favor of building
works and that town notes will probably be issued to pay for
the same.
Port of Portland, Ore.—{State and City Supplement,
page 142.)— It is reported that the $50,000 of 5 per cent 30-year
bonds which we hav^e previously mentioned as being offered
CHICACO.
BAM'L
CHICAGO.
Paid-up CapltiJ.
A
rscnlar Banking Business Transacted. Accoants
•f Banks and Bankers. Mercautlleand Manafsctarlnd
rtrms or Corporations, received on favorable terms.
and Travelers'
Commercial
Credits, available In all parts of the
globe, Issued. Telegraphic Transfers made witb all
grlQclpal European and Domestic Points.
United
tates and otber flrBt-olaas Investment Bonds dealt
A.
of KvaiiH Htrent KradInK bond.i, due l>4g4 to '04, sold for (949.
of Mt Pleuaaut Htreet bonda, duo 1804 to *g8. sold for tS2i.
$700 of Coal Street dradlstr bonds, due I89i to -OR, sold for 9735.
96,314 of sewer bonds, due 1894 to '98, sold for 96,034.
The last preceding sale of bonds by this city took place on
October 3d, when $10,000 of 6 per cent sidewalk bond*, da*
at the rate of $2,01)0 yearly from 1894 to 1898 inclusive,
brought $10,.513, and several small issues were awarded at
1)1500
prices slightly above par.
The City Clerk is at present advertising for bids to be received until November aSth tor 6 per cent bonds of the following description: $17,430 of West Federal Street grading
bonds, due 1804 to 1903, and $1,620 of Edward Street sewer
bonds, due 1894 to 1898.
Purchasers must be prepared to take the bonds not later
than November 29 1892, the money to be delivered at one
of the banks in this city, or at the office of the City Treasurer,
PACIFIC COAST.
OATIABD,
JNO. H. BLMSUta.
HIQH QRADE MUNICIPAL
BONDS
A SPECIALTY.
DWABDS WHrPAKIB.
Whitaker
Baperlor Collection Facilities.
&
Hodgman,
cheerfully fnmlsh full
Paid Capital
PINE STREET,
IStS T.A
SALLE
ST.,
CHICAGO
A General Banklngr Bnatneaa Tranaacled.
riBST MOBTGAOK LOANS ON IMPROVED CITT
REAL ESTATE FOR BALE.
Members of the Chicago Stock Ezohange.
Loeb
&
Gatzert,
MORTGAOE BANKERS,
125
LA SALLE STREET, CHICAGO.
First
ST. LOVIS,
Minneapolis Trust Co.,
MortgHges
f t)r sale In large and small amounts,
netting Investors B, bii and
per cent, secured by
improvea and Income-benrliig Chicago city property.
#500,000.
Real Eatate Laana. Salely Ocpoalt Vaalta.
Acta aa Eae/ator, Troatee and Gaardlan.
DEPOSITORY FOR WILLS.
P. O. BOX 1,000.
Cable AdJrea«" Trn» t" lUlnneapolla.
D1RK0TOB8.
Samuel Hill, President Tbomaa Lowry. First Vice;
President; II. F. Brown, Second Vice-President;
Daniel Bassett, Third Vloa-Prealdent; CUrkson
LIndley, Secretary and Treaanrar; Isaac Atwatar,
las. J. Bill, R. B. Langdon, A. F. KeUev. W. O.
Northmp, Wm. U. Dunwoody, 0. 0. Ooodrleh, Chas.
A. PUlsbory, A. U. Linton. P. B. Wlaaton.
S.
H. Wood
CREDIT available thronxbont the Unltod Stataa*
BILLS OF EXCHANOE on London.
DRAWS
Liverpool, Dublin, Paris, Berlin, Frankfort-on-th«Main, and all the principal cities of Enropo also on
:
MADE jn all accessible point*.
Commercial Bank,
MO.
MINNEAPOLIS, MINNESOTA.
Straus,
BANKERS,
of
reliable In-
Company,
&
8I,000,00«
LOEWBNBERQ, Pres. JAS. STEEL. Vlee-Prw.
I. A. MACRUM. Cashier.
8IOHT BXCHANQE AND TEL»ORAPHIC TRANSFERS, and ISSUES LETTERS
COLLBCTIONS
MINNEAPOLIS.
C4P1TAL,
Bank,
SELLS
Hong Kong.
formation concerning any Weetem security without charge. Monthly quo*
taUon circular mailed to all applicanta.
Mew Issues of municipal bonds wanted.
*nLL INFORMATION UPON APPUCATlOH
CORRESPONDENCE INVITED.
Cahn
and
Merchants Nat'l
Sollcitod.
J.
We buy and sell oatrlgbt all Weatam
Bonds and Stocks. Wa
M0RTGAOK8.
A LIMITED NUMBER of shares are now offered
Correspondence
PORTLAND, OREGON.
Street,
Municipal
806
I
CHAHLI8 HODOMAI
BONO AND STOCK BROKERS,
(INCORPORATED.)
Angus Mackintosh, Pres. Abram Barker, Vlco-PrM,
Wm. T. Wlckware, Cashier.
Capital, S-100,000 Snrplaa, etc., 940,000
Interest-bearing Certlficatea of Deposit.
]
Geo. M. Huston & Co.
BOND AND STOCK DEALERS
CHICAGO.
(70,0O0...Jtily l.igiT
tOOO
Chicago Co-operative
618 Elalto Batldlng,
A J.
—
ST. LOUIS.
Aulborlzed Capital,
•
•
91,000,00(1
Shares 9100 Each.
7 Per Cent Guaranteed.
eXCURED BY CIIICAGO REAL ESTATE FIB81
J
Yonngstown, Ohio.—(State and City Supplement, page
On October 2-lth bids were open ed for Youngstown per
cent street improvement bonds, and City ClerE J. Howard
Edwards writes us that the socurities were awarded to
Farson, Leach & Company at the following prices:
84).
TO INVESTORS.
Construction Co.,
«>Sii,
I
works.
SCO Nortb Fourtta
916, 617 and
to*97
A A O. latersst and pno. payable la .N. Y.
Wapakoneta, 0.— The citizcnsof this place voted on November 8 on the proposition of issuing $9S,()00 of bond* for water
ST. L,OVIS.
WB8TRRN SECURITIES AND
CORSBSPONDSNOB BOUOITKD.
for sale at the offices of the
18i):i
Gaylord, Blessing & Co., Merchants National Bank
OF SEATTLE, WASHINGTON.
BANKERS AND BROKERS,
UNITED STATES DEPOSITARY.
93,000,00«
700,000
Foretgn Bzchange Boaght and Sold.
rZTMM
$2,7&0 due ssml-anniully
ST. LOUIS.
Union National Bank,
Sarplas,
A & O.
is.
—
Jones
828
for iale have btrn II warded to ilnr Il.'llitm Invmtmrat Corapnny of Di'nver, Col. No ollicinl ndvii-eot tbetnu)aMiion
UH yot been rooi-ived by the CHKdnICI.K.
per cont Kowcr
&
1023, to MessrH. Hlair
1
CHRONICLBL
iBfi
1803.1
&
Co.,
IMTESTMENT BANKEBS,
OaaranCee Loan Balldlns,
nrv]WEAPOL,is, huvn..
Principal mid Inlrrcat payable In Gold.
Dealers In the highest cIjuis of MlniMapolla Seonrllaa. Bank stocks, Murlgm,'« and Bonda,
CORRESPONDENCE SOLICITED.
oomiispomiBioB ouobbii,
TACOMA, WASniNGTON.
PAID-UP CAPITAL •400,000.
Six Per Cont Coupon CartlOoato of Deposit, running
One or Two years. Interest and Principal payable at
the MerchanU' Ezobance Nat. Bank, New York City
This CertiScata baa a coupon attached, which oaa
becutoffwhendne, and presented to any Hank for
payment, the same aa a New York Draft. A moot
convenient mode of Investing your surplus monoy.
Writo for a copy of the Certlocate.
A. BKmoMAN, Cash. Obatiah B. Wbulkb, Proa
Merchants National Bank
TACOMA, XTASHINOTO.N.
(OLDEST BANK IN THE CITY.)
Interest Paid on
Capital
Time Depoiltt.
9-i39,09*
SarplaaandCndlTlded ProOla
Correspondence
-
The
solicited.
SiaCM*
CollecUons a spoelaltyj
SAN FRANC ISCO.
First
National Bank
OF SAN FRANCISCO, CAL.
...
...
UNITED STATES DEPOSITARY.
CAPITAI.V
91^99,9—
SDRPLU!^
»T30.0«a
a. a. MDBPirr, Proaldaat. F. D. Moroa
Cashlot
.v,
JAioa Mornn,
Y.-Praa.
a.
w. K i.i -< c.
Asst- OatM
GENERAL BANKING BUSINESS.
ACCOUNTS HOLlCITU>.
THE CHKONICLF.
824
I
^tuaiici^il.
OJotton.
®0tt0tt.
Waller
WOODWARD
22 WILLIAM STREET,
New
La
York.
NEW YORK.
at the
Also ordert for
NBW YOBK COFFBB BZCHANOK. and
GRAIN AND PROVISIONS
at the
Orders executed on tbe abore Bzotaangei aa well
NKW YORK PRODCCB BXCHANQB and
CHICAQO BOARD OF TBADH.
the
W In New Orleam, Cbloago and forelsn market*.
&
Hubbard, Price
BTRAC88 A C0„
garannah and
OB-
COFFEE
New York.
Mancheater, and at principal Cotton Centre!
on the Continent.
BOSTON, MASS.
HIGH GBADE INVESTMENTS
Membars
of
New York and
Co.,
>KW YUKK.
General Coin mission Merciiants.
Mesnbers New York ?iock Exchange, New York
Cotton Exchange, ii'ow York Produce Bxchauge, New
AH BROWM'8 Bl}ILDI^G8.
York (joffee Exchange, Chicago Board of Trade.
Orders executed on any of the above Bxchanges,
also for purchase and sale of cotton for future delivery In New Orleans and Llverpoul. Liberal ad-
LIVERPOOL.
PKIOE, IlEID ifc CO,,
NurlolU, Va.
PRICE, KEII> & AUA.ll!^, I.Imlceil.
tneolal attention given to correspondence with Intarlor Cotton Merchants and Buyers for the pur-
Special attention givfin to orders for cotton for
foreign or domestio shipment.
ttuue and sale of Cotton both on spot and for fnture
leUTarj.
J. O.
I'liul
O.
JU William
Olli
W.
CCOHMISSION MLBCHANTS,
W. D. Rountree &
CaltoD ExefaanK* Balldlni:.
itsitSTos C. Hopkins.
Okarles D. UlUer.
Exchange Court,
Private WIree to Boston and Philadelphia,
E. D. Shepard
&
Co.,
BUCCK8BOR8 TO
POST, Banker,
T.
COTTON, 0OFFB», GRAIN, PR0YI81ONB
AND
Hatch
7
Y.
ConntT and City Bonds,
State.
Co.,
COTTON EXCHANOE BUILDING, HEW
YORK, and ^ORFOL.K, VA,
Laclns Hopkins Smith,
8amnel Hopkins.
1
NEW YORK,
COMMISSION MKBCHANT8,
NSW TOBK
Co.,
DKEXEL BUILDING, BROAD ST„ N.
Albsbi L. Rocktbeb.
D. RCICKTUBE.
No,
AUG.
t!itreet,
MEW YUUK.
&
BANKERS AND BROKERS,
^
BLOSS & CO.,
COTTON MERCHANTS,
SODTHEKM FHODrUB
3'<Ji
C
Qio. H. CHUBCH, 8p««lal
AMD
R«kB
U'Hlon, S.
BL088,
J.
& Co.,
COTTOH. OOTTCKHBED
Howard Lapsley
vances made on ootloa conslgnmeuta.
'
Hopkins, Dwight
Boston Stock rzohangei
COTTON BXCHANGE BUILDING
STRAUSS & CO.,
.COTTON MERCHANTS
''
Co.,
BANKERS AND BROKERS
NEW YORK, UVHRPOOL AND NBW
LKANS COTTON BZCHANGBS.
&
H. Prince
COTTON
at the
UEMBSBS OF THE STOCK, COTTON, OOFFEE AND PKODUCE EXCHANGES,
Haw
Co.,
16 to 33 W^illlam Street, New York.
F.
ZBCUTS 0BDBB8 FOR FUTUBB DBLIYHRT
No. 10 Exchaiigre Place,
BT&AU88 A CO„
New York.
COMMISSION MERCHANTS,
BROS.,
connissioN merchants,
Orlaani.
&
Henry Hentz
Hontgomenr. Ala.
LEHMAN
St.,
Sons,
sight.
LKEHAN, DVBB & CO.i
* CO.,
&
Dealers In Investment stocks and bonds.
Personal attention given at the N. T. Stock Bx.
ohange for the purchase and sale on commission of
stooks and bonds for cash or on margin.
Interest allowed on deposits, subject to draft at
OOTTOS OF AUi GRADES SUITABLE TO
WANTS OF AMEBICAlif SPIMNEES.
Orlear-,
T. Hatch
96 Broadway & 6 Wall
COTTON MEECHANTP,
NEW YORK.
New
Halch,
Preseotl Batch,
Arih ur Uelvin Batch
Members of N. Y. Stock and Produce Bxcbangea.
MERCHANTS
<iBHIt4D, BTIBS
I.
Benry
& STILLMAN, INM AN, SW ANN& Co W.
16 to
Vol. LV.
&
PINE STREET
Foote,
NEW rORK
STOCKS.
Crenshaw
'aC ft 18
&
Wisner,
Geo.H.McFadden&Bro.
Excbauice Place, Neiv York.
:co]n]iiiSi^ioi«
OOITOll MBBOHAIITB,
rBIL &DBI.PHIAS
bierchaivts.
Atasbem at the Cotton, CoOee and Prodaoe Sxch's
HAXALL CBEJVSUAW
FREDERIC ZEREOA *
CO.,
BICHMOND. VA.
UtAndftrd Brands of Floor for Shipment
Climates always on hand.
to
Bliss,
Warm
J.
enic.
Spencer Turner,
tor Export Trade.
SnCCB880R TO
Geo. Copeland
SAIL
DUCK
139 PEARIi
rvup'y.
all
widths and Colors, always
Ko, 100
Uuaue
S'rcct.
Co.,
STREET,
NEW YORK
specljfclty
Cahoone
ALmno N. RANEm.
American Exchange Bank
ST. LOUIS,
Capital,
>
mo.
8300,000 HurpluB,
I
•
8313,000
PKTKB NICHOLSON, President.
MANSIJR, Vice-President.
HILL. Cashier
We send niRgcrr to every banmng point in Mo.
ALVAH
Fifth
WALKER
Avenue Hotel,
The largest,
managed hotel
NEW YORK,
best-appointed and most liberally
In the city, with the most central
and delightful location.
HITCHCOCK. DARLING *
&
Wescott,
Members New York Stock Exobanga,
18 WAliL STREET.
QoTerniuent and InTestiuent
Bonds.
In
'
THBODOKB BALDIf JT
WATLAIfS TKASK,
niadlson Square,
Cotton landed at Mills from Southern Markets
ALL EWSR OF
icotton canvas fbltino duck,
cab covkbing, baoqinq,
bavkn8 dcck, bau, twinb, *«,'
•;awnino" btbipbs.
AOSNTB
TJWITFD STATES IIUNTIHG CO.
'«ock.
&
COTTON BROKEK8,
Ain>
A fun
<tc.,
New York.
Transact a general banking business, InoladlB
the purchase and sale on eommlsslon of secorltlt
dealt in at the New York Stock Bzohacga.
ROWM
Drills, SKeeiina;
BrinckerhofT, Turner &. Co.,
MANDFACTUBEB AND LEALEB IN
COTTON
Co.,
and BLEACHED 8H1RTINO
and SHEETINGS.
PRINTS, DENIMS, TICKB, DUCKS, SiO.
Towela, Quilta, White Goods and Hoslerr.
I
Az
&
SBLUKO AOBNTg FOB LBASIHO BKANDS
OF VIBGINIA.
fret
Fabyan
CO.
NEW YORK, BOSTON, PHILADELPHIA
8CLFHUR MINES COMPANY
Hteh-Orade Pyrites, free
Wayland Trask & Co.,
BANKERS AND BROKERS,
16 n^all Street,
LtYlBTOOL OOBBUPOITDUrTt,
askncy or
iEHE
INVESTMENT SEC1IRITIE»,
Stooks and Bonds Bcnilit aud Sold on Commlssloa.
00.
Massasoit House,
SPRINGFIELD, nASS.
THB BBST-APPOINTKD HOUSH IN WBSTUBB
NKW BNaLAND.
Oonvsplent for the
union Kpct.:
tourist or business
man.
Hen
w. H.CHAPIN.
@FedFRASER