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xmm

amiatrti*

AND

V

HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
lEntercd noconliiiK to art of

VOL.

Coiiirrcs'i,

NEW

39.

by Wm. B. Dana

In the roar 1884,

YORK, NOVEMBER

^itmujctat.

Rij-ldcsa roiintlcd 1705.

Alfred H. Smith

&

Co.,

182 Broadwaj, Cor. John Street.

and moHt

Members N. Y. and Philadelphia Stock

Mr, €or.

S.

&

H. Taylor

L.

FROM STEEL PLATES,

Co.,

BANK BBS.
Tblrd and Oliestnnt

aAILWAT TK'KKTS OF
Show C'ardm

IMPIiOVI'K STYLES.
Culendur..

l.ttbel«.

PHIIiADKLPHIA.
DepoBlta received eobject to check at sight, and
Interest allowed on dalljr baliioces.
Stocks, Bonds, &C., bouKht and sold on commlsalon in
Partlonliir attention given to Information regardlns
Investment Securities.

Prtvate wire to

BLANK BOOKS OP EVEET DESCRIPTION.
ALBERT G. GOODALL. President.
VICK-PRESIDENTS
MACDONOUGH,
A. D. SHEPARD,
W. M. SMILUE,
TOURO ROBERTSON.
STAYBER Treas.
THEO. H. FREELAND, Seety.
J.

W. Work, Csaliler.

Maverick National Bank,
BOSTON.
CAPITA I.,
Aoeonnta of Banks and Bankers
Collections

solicited.

made apon faronible

Oo7emment Bonds

i

ExcbangeConrtdc 62 Broadwar,N.\

Stocks, Bonds and U. 8. Ooremment Seonrltles
Bought and Sold on Commlsalon.
JA8. D. Simons,
Bitsklt Chiw.

Member N.
Member N.

R.

A. VT8«.

Member N.

and

Y. stock Ezchanjre.
Y. Produce EzcbanKe.

J.

sold.

W.

K. D. VYSK,
Y. Stock Kxchange.

Vyse & Son,

&

Co.,

New

ALrHZD

BOBEBT J. KlHBAU..

WALSTOM H. BBOWN.
HKHBuaT

& 7 Excliange Court, N. Y.
Bnnoli Office at the Ererett House, Union iiquare

SI

Gilder
& 33 BROAD

B.

York.

Farr,
ST., NEW YORK.

Interest paid on Balances. Securities carried on
MsnrtQ. f.overninont Honds and other Investment
Becnrltles bought wnil sold on coinmlsson. Special
attention to orders by mall or teleKraph.

WESTON,

BAKKER8 AND BBOK£R8,

No.

EXCHANGE COURT,

3

New York.
HnrBT

C.

TruKiR, Member N. Y. Btook Kzoh.

Brown.

Members New York and

Cblcafto Stock Bzohanj^
Kxohanfle.

New York MlninK Htock

also

Rolston

&

Lansdale Boardman,
NEW YORK, eo BROADWAY 4 5 NEW ST,
Opposite Stock Bxchan«e.
IJ A 11=;
BUILDING
Prlrate Wire to Troj.
•wultles earned on raancln. Interest paid on balinoei

N. Y.,

HALL

Bass,

BANKERS,

BROAD STREET, NEW^ VORK.

20

Stocks,

Bonds and Miscellaneous

G. D.

J.

F.

Mahoney

No. 15 W^AEiL.

&

Co.,

STREET,
IN

INTESTMENT SECURITIES.
All olaaees of

bouRht and

Gttr,

&

TOUTNSEND
BANKERS AND BROKERS,
3 WrAI,I. STREET.

No.

Transact a general Banking Business, Including the

Purchase and Sale of all Securities dealt

In at

the

New York Stock Exchange.
C. B. CAU>WXLL.
CHAfi. J. TOWN8KND.

V^.

LANSINO C. WASHBUBir.
Member N. Y. Stock Exchange

M.

Earl,

MEMBER NEW YORK STOCK EXCHANGE,

BANKER AND BROKER,
TO

59

DREXEL BUILDING,

New York.
STOCKS AND BONDS BOUGHT AND BOLD
STRICTLY ON COMMISSION.

Fred. H. Smith,
BROAD ST., NEW^ YORK.
STOCKS, BONDS AND PETROLEUM
No. 20

Bought. Sold, and Carried on Margins.
Intimate knowledge of all railroads for past twenty
rears. Parties desiring to buy or sell unquoted securities will do well to communicate.
F. n. Smith, l Members N. Y. Mining. Stock & Na8.

W. Smith. (

tlonai

Hamilton

Petroleum Kxchanga.

&

Bishop,

BANKKKS AND BROKERS,

No. 35

PINE STKEKT.

NRW YORK.

(Members New York Stock Exchange.)
Acoounts of Banks, Bankers and others reoetved.
Interest allowed on Balances. A strictly Commission
BuBinewn in the purchase and sale of stocks and bonds.
Private Teletfniph Wire t(t Albany, Troy, SyTaCDSS,
Rochester, Uticu, Buffalo, Cleveland and Chicago
Draw on City Bank <>• London In amounts to suit.
Bpedal attention given to Securities for LnveatmeDt,

Jameson, Smith&Cottmg
STOCK BROKERS

Town and Rallwar Bonds

AND COMMISSION MERCHANTS,

sold.

R. T. V^ilson

&

Co.,

BANKERS AND COMMISSION MEROHAim',
B Kxetaance Court.

GEO. U. HOLT.
L-HDILIER.

CALJDWEEE, liTASHBVRN

Securities.

Correspondence Solicited.
Quotations eheerfullj fomlsheo

DEALERS

STO€K BROKER.

TROV,

TAINTOR.

65

NO. 20 NASSAU STREET,
NEW TOKK.

&

A.

G. K.

LOUNgBIBT.

FRKD. a. BBOWN.

P.

and

Private telegraph wires to Providence and Boston.

New York

BANKERS,

Street.

BAHKJiRS AND BROKERa.

TINKER

Buy and sell GOVERNMENT, MUNICIPAL
RAILROAD Bonds.

BANKERS AND BROKERS,

BANKERS AND BROKERS, Walston H. Brown & Bros
66 Broadway
and 17tb

a GENERAL BANKING business.
received and INTEREST allowed on

Interest allowed on deposits subject to sight draft

Kimball

No. 18 \raU Street,

NEW YORK.

W^ALL STREET,

balances.

Chew,

Seventeen Years' Membership In the
Stock Bzchantte.

terms.

bonctht

&

Holt,

TRANSACT

STOCK BROKERS,

«400,000
409,000

Btiapi.(;s,

New York. Baltimore and other plaeeR

Simons

:

J.

ASA. P. FOTTIB, Prest.

No. 10

DEPOSITS
Sts.,

&

BANKERS,

Philadelphia and other cities

LITHCGRAPUIC AND TYPE PRINTING.

TSOMAS

panics.

Bzotianttes

/0mpan7.

SAFETY COLORS. SAFETY PAPERS.
Work Executed in Fireproof Buildings.

SECURITIES

Buy and sell on commission all classes of Stocks
and Bonds, for cash or on marKln.
Afirenta for Banks, Bankers and Railroad Com-

Taintor

artistic style

With sjecUl iifesurdi to prerest COUHIEBTEHIUa.
SpKlil pa;era naanfacturel exclssiTSlj for n39 of tlis

S. H.

Members N.Y. Stock ExclianRe.
IN FIKST-CLA8S
INVESTMENT

DEALERS

Covernmonts.

In the finest

&

B. Hollins
Co.,
BANKKRS AND BROKERS,
74 BROADW^AT.

mPORTERS,

BONDS, rOSTACE &. REVENUE STAMPS,
LEGAL T::N0ER AMD NATIONAL BANK
.UOTES, of the UNITED STATES; and for
ENOn.WING AND PRINTINQ,
BANK NOTIvS, ISUARE CERTIFICATES,
BONI>S FOR
GOVKRN.MKNTS AND
CORPORATION.S, DRAFTS, CHECKS,
BILLS OF EXCHANGE, STAMPS, &c.,

Frank CHoixins

H.

DIAMONDS.

BROADWAY, NEW YORK.

taeoncKtdl uadcr Lsts of State cf Nnr Torli, 18E8.
Ucorcunlzed 1870.
Es(;BATT:ns Asn PniNTras of

1,012.

'ginuncittl.
H.B.Hou,iK8. ^P.A.Yznaoa.

Bank Note Company,

ForelKii

NO.

15, 1884.

^itmuciat

AMERICAN
142

Co., In tlio offloo of (lie librarian of Congress, Washington, D. O.l

&,

New

Vorfc.

23 Broad

St.

and 67 Exchansn PLaee

STOCKS. BONDS, GRAIN and PROVISIONI
bought and sold m New York and Chicago.
Chicago Cnrrenpondents, WM. T. BAKKU * CO.
Direct and exclusive private wire.

:

:

;

THE CHRONICLE.

fi

'gax&iQn ^xchKUQt,

&

Morgan

Drexel,

Third Street. 31 Boalevard Hansmuum,

PARIS.
raiI.ADEi:.PHIA
BOHESTIO AND FOREIGN BANKERS.

No*. 19

Issue Travelers' Credits, available in
world, through the

Brown

&

parts of tbe

all

Also Commercial Credits and Transfers of Money
on California, Europe and Havana.

John Paton & Co.,
SUCCESSORS TO
JESVP, PATOW &. CO.,

CO.,

New

63 iruilani Street,

Co.,

York.

ON GREAT BRITAIN AND IRKLAND. FRANCE
QBRMANT, BELGIUM, SWITZERLAND, NOR-

Accounts and Agency of Banks, Corporations,
firms and Individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corporations In paytUt^ coupons
and dividends also as transfer axents.
Bonds, stocks and securities bought and sold on
commission, at the Stock EzchanKe or elsewhere.
Sterling Exchange and Cable Transfers bought
and sold.

Issue Commercial & Trareleii^' Credits
IN STERLING.

THE UNION BANK OF LONDON;
BRITISH LINEN CO. BANK, LONDON AND

No. 69 TTAI.!. STREET, N. T.,
BUT AND SELL

OF EXCHANGE

BIL,L<S

WAY, DENMARK. SWEDEN AND HOLLAND.

AVAHiABLB
And in

;

DRAW ON

ANY PART OF THE WORLD.

IN

BROAD STREET,
New York.

Issue Letters of Credit for Trayelers,
On SELIGMAN BROTHERS, London,

SELIOMAN FRKRES 4 CIK., Paris.
BELIOMAN4 i^TETTHElMKK. Frankfurt.
ALSBEKG GOLDBEHG, Amsterdam,
AI,T.MAN&8TETTHEIMER,

Berlin!

Payable in any part of Europe, Asia, Africa, Aosand America.

tralla

Draw

STREET, LONDON.

Brothers

BANKERS,
No. 23

Street,

MESSRS. BE ROTHSCIIII.D,

Attohnkts and agents 0»
A-

and 21 Nassan

& W. Seligman & Co.,

Co., J.

BANKERS,

and their Correspondents.

Securities
Deposits received soWect to Draft.
bOQKnt and sold on commission. Interest allowed on
Deposits. ForelRn Exchange. Commercial Credits.
Circular
Letters
Travelers,
Transfers.
for
Cable
•Tallable in all parts of the world.

mORGAN

&

Co., August Belmont

STREET,
COKNER OF BROAD, NEW YORK.
Drexel,Harje8 & Co
Drexel & Co.,

raeasrs. J. S.
Ho. 22 OLD BROAD

TYrry.

'^ox&iQu ^xcttawfle.

UTAIil.

VoM 8oiith

[Vol.

Exchange and make Telegraphlo
Money on Enrope and California.

Bills of

Transfers of

and

gatiliers

^val^evs.

&

C. Walcott

J.

Co.,

BANKERS AND BROKERS,
No. a4 Pine Street, New York.
Transact a General Banking Business
stocks and Bonds bought and sold on Commission.
^rders received in Mining Stocks, and in Unlisted
Securities. Collections made and Loans Negotiated.
Dividends and Interest Collected.
Deposits received anb]ect to Draft.
Interest Allowed. Investment Securities a Specialty
Issue a Financial Report Weekly.

We

Brancb

Office, 320 Broadway.
Connected by Private Wire.

SCOTLAND.

Francs, in Martinique and Guadaloupe.

Members of the N. Y. Stock
nAKETEIiEGRAPHIC TRANSFERS J.H. KXNNSDT TOD,
ALIXANDIB BAStNO.
and Mining Exchanges.
O. NOKTHCOTl,
Member N. T. Stock Exeh. Fkakk F. Dickinson,
OF niONEY
BETWEEN THIS AND OTHER COUNTRIES.
Kennedy Tod
Co., Geo. K. Sistare's Sons,
COIiLECTIONM OF DRAFTS drawn
lAKE
J.
points In the United States and
abroad on
Canada, and of Drafts drawn in the
No. 63 WILLLAM STREET,
United States on Foreign Countries.
16 dc 18 Broad Street, New York.
BANKERS.
Act as Agents for Banks, Bankers and Railroad
DEALERS IN
Stuart
Co., Companies.
Issue commercial credits, also foreign and domestic
J
J.
FIRST-CLASS
IHfYESTMEBTTS.
travelers'
letters
of
credit
In
pounds
sterling
& dollars.
S3 NASSAC STREET.
Jos. C.

WALCOTT,

)

j

&

all

&

&

EXCHANGE ON
SniTH, PAYNE & SniTH'S,
BANKERS, LONDON;
IJUANC HESTER & COCNTIT BANK,
BILLS OF

"LIMITED;"

MANCHESTER, PAYABLE IN LONDON

Offer Investment Secnrltles.

Buy and sell bonds, stocks and securities in all Amerlcan, Canadian, British and Dutch markets on commission. Collect dividends, coupons and foreign and
Inland Drafts.
Exchange on
MEI>VII,I^E. EVANS
CO," f LONDON.
C. J.
SON,
Sell Bills of

HAMBRO & &
& SON,

H. OVENS

HOTTINGIER &

;

VIiSTER BANKING COmPANT,
BELFAST, IRELAND;
AND ON THK

SCOTI.AND,
EDINBURGH, AND BRANCHES
ALSO,

CABLE TRANSFERS AND LETTERS OF CREDIT
PARIS
NEW YORK: LONDON
William Ukath. TH08 E. DAVIS. W. G. H. HKATH.
Chas. e. qclncet,

Itoth&

William
Draw

Kxchanse and transact a general
commlsMun business. Particular attention
American Becoritles.

Bills of

gtren to

&

William Heath

Co.,

Kne

No. 19

Scribe, Pari*.
for London and American markets

Orders solicited
for Investment or on margin.

Ilailway, State

and

City IXHLns neeotiated.

&

Co.,

inVNROE &

CO.,

AI.EXANDERS &

CO.,

LONDON.

Ruckgaber,

BANKERS,

CORItESPOXDEXTS OP THE

L.ondon.

jonn Berenberg, dossier & Co

Ham burs.

LETTERS OF CREDIT AND
CIRCCIiAR NOTES

Issued for the use of travelers in all parts of the
world. Bills drawn on the Union Bank of London.
Telegraphic transfers made to London and to various
places in the United States. Deposits received subject to check at sight, and interest allowed on balr
ances. Government and other bonds and Investment
securities bought and sold on oommisslon.

Unger & Co.,
BANKERS AND BROKERS,

J.

Commercial and Travelers' Credits
Cable Tranaten,

ail

H.

St. and 6* Oreene St., N. Y.
on commiMlon, for Investment or on
securities dealt in at the New York Stook
sell

GOADBY &

B. E.
JOINT AGENTS

WALKER,

Prince

THANSFiSRS, ETC.
ISSUE COMMERCIAL CREDITS, A VAILABLE
IN ALL PARTS OF THE \VoRLD.

W.

Wilson

Sa

&

Co.,

FRONT
NEW

&

Whitely,

No. 64 BROADTTAY, NEDT YORK.
1"" ^Ith Ave., New York.
BRANt-H
BRANCH cimrra
OrriCES 53i,
J5,^ gj Washington, D. C.
i
I

Buy and

on commission all classes of Railroad
and Provisions.
Private Telegraph wires to I'bliadeiphia, Wilmington, Baltimore, Washington, Bridgeport, New Uaven,
Boston and Pittsburg.
sell

Securities: also Grain

Wood,

&

Huestis
PINE

ST.,

Co.,

NEW YORK,

BANKERS AND BROKERS,
SrCCEBSORS TO

l¥OOD & DATIS.
Execute orders
In all securities

listed at

the Neii

York Stock Exchange. For Sale,
FIRST-CLASS RAILROAD FIRST MOKTOAOX BONDS
OBORGB C. WOOD. C H. HUESTIS. L. M. SWAN

John H. Davis

&

Co.,

BANKERS AND BROKERS,
No. 17 ^VAIiL ST., NEW YORK.
Members of New York &

Philadelplila Stock

Bxch'gw

PRIVATE WIRES TO:

PHILADELPHIA,
BALTimORE,
YOUK,

PA.,

CHICAGO.

& Co.,
WALL STREET, NEW YORK.

Simon Borg
No. 8

DEALERS IN ALL KINDS OF
Railroad and InTestment Secnritieb
SOCTHBRN BECURITIES A SPEOLALTT.

Canadian Bank of Commerce,
16 EXCHANGE PLACE.

J.
'

nessrs.Marcnard, Kranss & Co., Paris.
ot Exchanse.

120 Broxdwat, Equitable Building, New York.

Bank of I^ondon

(I.iniltcd)

Btlli

KOViKTZE BROTHERS,
BANKERS,

h. cbugkr oaklkt,

Mavnard C. Etbi,
Henry H. Dodge, Washington, D. C.
Wm. R. Travkks, Special Partner.

W. H. Goadby &

BUY AND SELL STERLING EXCHANGE,•^'^'^•^
CABLE

TTItMAM STREET, NEU^ YORK.

nessrs.

BARINC BROTHERS & CO., IiOndon
PERIER FUERES ic CO., Paris.
iaEM>EI.SSOHN & CO., Berlin.

Exchange.

Exchange.
Interest allowed on dally balances.
All deposits subject to check at sight.
Particular attention to orders by mall or telegraph

31

OOBRESl'OXDENTS:

margin,

PARIS

and CREDira fob Tbatelbhs.

International

AND
COHUXBCLU. AMD TKAVELEBS' CBEDITS.

Buy and

STERLING CHEQUES AND BILLS AT SIXTY
DAYS SIGHT ON

29

York.

64 Wall

CHEQUES AND CABLE TRANSFEIUi ON

&

New

Members of the New York Stock Exchange,
DIALKK8 IN FOBKION KXCHANQE. OOTKRNMIOTt
AND oTHKK Investment Bonds.
STERLING LOANS A Sl'KCIALTY.

No. 32 Nassau Street, New York,
No. 4 Post Office Square, Boston,

Schulz

Sts.,

Chas.

John Munroe

CiBciTLAB, Notes

Co.,

CABLE TRANSFERS, BILLS OF EXCHANGE

Co.,

10 Tltroiniiorton Ato.) I^ondoB, Ens*
financial

&

FOREICN BANKERS,

William Heath & Co.,
BAIVKERS AKD BROKERS,
No. 80 BroadTrar, Neiv York.
Members of New York Stock Exchange.
rOBEIGN EXCHANGE. CABLE TRANSFERS.

Wall and Nassau

on Commission, for cash or on maN
the New York Stook

JAHXS Whitklt,
Hakht C. Logan.

BOSTON, MASS.
Cor.

Sell

,

AMSTEltDAIlL
PARIS.

CO.,

Kidder, Peabody

bank of

NATIONAIj

Buy and

gin. all securities dealt In at

BANKERS AND BROKERS,

No.

8

IVALL STREET,
New York.

Howard

ST.,
YORK.

BlUa of Exchanse and Letters of
Credit OB nexlco.

Co.,

Lapsley

&

Co.,

BANKERS AND BROKERS,
No'.

34

BROAD 8TREBT,
New

York,

:

NOYBUBER

THE CHRONICLE.

1884.]

16,

"^anhtvs nn& f^volitta.

ganliers and fvofecm

&

R. A. Lancaster

Co.,

AND BROKERS,

BANIC£R8

BANK BUILDING,

(JNITBD

BBOADWAY AND WALL, 8TKKBT, NKW YOBK
Ballroad

&

Miscellanooiu Securities.

Southern Securities a SpeoiaUy.

Stewart Brown's Sons,
STOCK BROKERS,
PINK STBEET,

88

JiKTW

¥ORK.

and Forelcn fixcbancc

PrlTkta Wire to Waahtngton.

BATSMAN A

CO.,

WASHINQTON, O. O.

COLLJ.TCBNXK, JA8.TUHNBK.
Memb. N.T. Stock Ezcta.

C. J. Turner

N

&

K. LINSLIT.
SpeoUl.

Co.,

BANKBR3 AND BROKERS,

\%

Broad

18

ac

STOCKS. BONDS, CRAIN

AND PROVISIONS

boosht and aold In

New York and

B. C. U DMBBBT.
Member N. Y. Stock

Bxota.

Ctaleaso markete.

&

Son,

No. 4

H. Dewing & Son,
BAIVKER^ ANO BROKERS,

Capital Paid Up, £971,360 SterUms.

New York.

No. 18 Wall Street,

DIRECTORS:

Stocks iind llonrtn HouKht and Bold on CommlMlon
Accounts receiv(><l und Interest allowed on ballancei.

wblch ntay

1)0

checked for

at atyht.

Oilman, Son

Co.,

8c

BAl^KEBS,

62

No.

CEDAR STREET.
Banking Business, buy

In addition to a General

and

Sell

Hm

8.

OOTemment Bondi and Inrestment

&

BANKERS,

BANKING

Investment Secnrltlea a
and BONDS

business and

EST on DEPOSITS. Branch

We transact
ALLOW INTER-

Offices,

L. S.

&

Loans on the London Market, acts as Agent for

Railways and other Corporations, either In the mat-

payments of Interest on Loans, Dividends oa

ur Registration of. Stocks In London, or otherwise.

Cable Address— PAVr,

The City Bank,

Pme §t. -

(LIMITED,)

LONDON, ENGLABTD.
Authorized Capital, ..... .£4,000,000

• 4,000,000
Hubacrlbed Capital
l^euu^ORK>
Paid-Up Capital, ...... 1,000,000
Reaerve Fund, £300,000.
Pnrolifigs and tell on Commlaalon QOTBRNMBNT
and RAILROAD BONDS and STOCKS, and all
HEAD OFFICE, THKEADNEEDLE BT.
olaaaea of Secaritiea dealt in at the NEW YORK
BRANCHES

or

all

reputable Secnrttlei

OPEN MARKET. LOANS
COMMERCIAL PAPER neriotlated. Interest

booKtat and sold In the

paid on

DEPOSITS, anbject to check.

Bond

Paddlngton,
Aldgate,
Old Street,

Ludgate Hill,
KnlghUbrldge,

Holbom,

The Bank,whlle conducting the

C^

STREET,

Nevr York,
Transact a General BankInK Bnslnefla, IndudlDi,
the purchase and sale of STOCKS and BONDS for
cash or on marrln.

Bar and

InTestment Seenrltles.
BOX 8,847.
WATLAND TaASK. H. J. MoBSI.
^^

Sell

P. O.

A.M. KiDDnL

A. G.

W. C. HILL.

KENNEDY. Manager.
B

Correspond'ts; Massaoliusetts N.

Authorized Capital, •
Paid-up Capital, - Ueserve Fund, - - -

-—.

'•

as Broadway,

cor.

Bk

$6,000,000
1,600,000
400,000

•

Transact a general banking business- Issne Commercial credits and Blllsuf Exchange, available In all
P'rts of the world. Cullectionsand orders for Bunds,
Stocks, etc., executed loon the moHt favorable terms.
FRED i< F. LOW,
I M.niuror.

Co.

Exchanse Place,

N. Y.

Brnnch OOlrp, ViS I.a Snile J*!., Cbicaso,
TRANSACT A GK.NKKAI. BANKINIJ BUSINBIS
1NC1,LI)1X(; TIIK I'lHCllASK AM) SAl.K ()!•'
STOCKS AND BONDS K)U CASH OR ON MAIlGIN. BUY AND SKM, INVKSTMKNT SBC'IRll.NTKUKST ALLOW KD ON DEPOSITS
TIES.
SUBJECT TO CHECK AT SIGHT.
P. O. Box 447.
D A. BOODY.
C. W. MCLKLLAN. Jb.
REDBEN LKLANB.

BANKING ASSOCIATION.
Paid-up
Reserve Fund...
Reserve for Equiili/ati<in of Dividends
Kcservo Liability "i" I'loprletors
ra|)ltal

»7,B0O,C0O
4,4'io

&

47

Willluiii

St.

Co.,

AMERICAN BANKERS,
BANKERS,

CNITED BANK BUILDING,
IVall Street, Corner Broadivay.

STOCKS,

BONDS * COMMERCIAL PAPER.

Stocks and Bonds bought and sold on commission
at New York Stock Exchange. Advances made on
buplncM paper and nther securities-

CAPITAL PAID

8TCTT6ABT, GERMANY.
A. P.
60

TURNER A CO.,
TIIRBADNEEDLK STREET,

with Snrplaa,

&

Co.,

EONDON, ENGE.AND,
Sellelt acconnts and agendes of Banks, Railways.
Corporations, firms and Indlvldoals, upon favor
able terms; also orders for the ptuchase and
sale of Bonds, Shares, Ac,
on Commlssloa
on the Stock Exchange.
Railway.
State
and
City
Loans
and
Negotiate
lasne Commercial Credits available In all parts of
the world.

Ac

De Twentsche
B. W. BLIJDENSTEIN & CO.,
•
AJSSTERDAIH,
HOLLAND.
BSTABLISHBD

ItMl.

Subscribed Capital, 8,000,000 - Guilders (13,800,000.-)
((8,148,440,-)
Pald-U^ Capital, 7.871,100»t9.88S87
(|8S8,«45.Se)
Reserve Fund,

Head

Office,

Ajneterdam.

BRAJXCHXa^
Londen— BZC!HAN0B * INYBSTMRMT BANK
B. W. BLUDENSniH A Co.
Nos. as * fie Thieadnsedle Street, B.C.
Rotterdam— DB WISSBL-en BFFBCTBNBANK.
Enachede— B. W. BLIJDENSTKIN, JB.

Almeloe-LBDBBOBR A

CO.

Transact a general Banking and Otrnmlssloo Baal,
oass In Bills, Stocks, Sluwaa, Coupons, Ao.

LONDON.
York Stook Kxchange.
•mn»i>a
muaita f "ew
Philadelphia Stock Kichange.
J

ITP,

£1,056,410 SterllBC.

OOO

400,oi:0

7,500,000

The Corporation grant Drafts, Issue Letters of
Ciellt fur useuf Travelers, and negotiate or collect
Bills payable at Runihay, Ca.cutta, Singapore, salKOn,
^ooohow, Aiuoy. Ningpo,
Manila, Hong Konc,
Shanghai, Hankow, Vokohama, Uicgo, San Francisco

Narr

(Limited).

Bankvereeniging,

Shanghai

and London.
\. .U. TOWNtiSND. Aveat.

Railway Share Truet

Direetori at the

N. LILIBNTII AL. Cashier.

Hong Kong &

^
BANKER»«

LONDON, ENGLAND

Bank Blake Brothers

NEW YORK Agents, J. & W. Selignian & Co.

».

BANK BVILDIN08,

Company

IGNA'IZ STBINHART,!"*""**"-

ISoodift

(LIMITED),

general business

TH
Anglo- Californian

BOSTON

No. 4

8amt

(LIMITED).
LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Oflloe, 422 CaUfomla St.

Co.
BANKERS,
18 WALL

COmPANY

London.

London Bankers, gives special attention to the
Agency of Foreign and Culonlal Banks.

'^.

Railway Debenture Trust

Tottenham Court Road

Street,

of

No.

LONDOS.

f^lXVLktVS,

NEW YORK

& Jenkins,
-BnnKERS-

and

Esq., Manii«lng Director.

EXCHANGE

'gOVZiQU

Bouden

STOCK KICHANaB.

a B., M. P

Bart.

Loans of approved Railways, negotiates and

ter of

Co.,

BANKERS AND BROKERS.
PLACK.

WALL STREET,

25

Lawrence Youno.

This Company undertakes the bnsliiMa of Tnutea
to

Issues

FllANKXNHEIHER. M. SEIJOHAN,
Members N. Y. Stock Exchange.

Asiel

No. 51

L

connected b>

prlyate wire. Norwich, Conn., and Boston, Mas*.

B. ASLEL.

C. 8.

No. 13 ITaU Street, N. Y.

We make U. S. Bonds and

specialty, execute orders In STOCKS
for cash or carry the same on marfrln.

ageneral

U. P„ Olialrmaa.

0. 0. M. O., K.

rRANCIS PA V Y,

Foote,

Biq.,

WoLn,

Bib Hxitbt DBtnuMoirD

Seoorl-

Sib CHASLE8

Hatch

liAINO,

General Binut HoPKWaoir,
MALCOLM A. Laino, Esq.
John Hobatio Llotd, Baq.
John Psmdxb, Esq., M. P.

BACKERS AXD BROKERS,
No. 39
DBIZIL BUILDINO,

BANK BUILDINO*
LONDON, ENGLAND.

HuaAH niWINO. CLABK DKWINO. K. T. BONTICOC.
(Member of New York Stock Exobanve.)

tows i. C HUMBIBT

Humbert

E. C.

York.

Street, Newr

(LIMlTBO),

Mlsctilla.

bdugbl and sold on comtnl.HHlua.
Julius a. Kuiin, Datiu Ooh*. Mouitz ociih.
Memb. .N. Y. Stuck Ex.
Memb. N. Y. Stuck Eich.

Meinb.N.Y.CottonBlxoh

WALL

Railway Share Trust Co.

StiCurltluM

W. W. DUDLEy.

85

THK

Co.,

Forulun Kxchnnge, Bunds, Stocks and

& BATEMAN,
GREEN 8TBKKT,
NEW yOKK.
Stocka, Cotton

'govcifsn '§VLUkex&

RANKEHS AND BROKKKX,

19 Broad St.,N. ¥., nillnBalldlnK,
Transact a (General Banking liusinesg.

Douglass Orikn,

A. B. Batkman,

Muab.N.V. Stock Kxoh.

&

A. Kohn

J.

neous

DKALIIU IN

ill

NEW YOBK COBBXaPONDENTS:
Messrs.

KNAUTH, NACHOD A KCHN^

.

.

THE CHRONICLE.
^nuix&in^n gaufe^rB.

l^axtiQU "^^xuhsrs.

Bank of

Guarantee and Reserve Funds, £727,710.
Credit and Drafts Issued on the

Capital,
Reserre,

101*

•

Jos.

$1,350,000

ANDREW ALLAN, Esq.
ROBERT ANDERSON,
OFFICE, JflONTREAL.

The New York Agency buys and

sells Sterling

ohange. Cable Transfers, issues Credits available in
parts of the world, makes collections in Canada
and elsewhere, and issues Drafts payable at any of
the ofiBces of theibank in Canada. Every description
of foreign banking business undertaken.

All

BANKERS,
FRANKFORT-ONMAIN. GERMANY.

Nenrlfork Agency, No. 61 Wall Street.
HENRY HAGUE,
.„„,.
JOHNB. 1IAKK18. JR., JAgenM.

BANKERS AND STOCK BROKERS,
134 SOUTH THIRD STREET,

No.

WrLUAM C. COBNWELL, Cashter.

Bank of

BUFFALO.
tlons on

&

$300,000

This bank has superior

N. Y.

facilities for

Estabrook,

No.

Liberal terms extended to
Canada and Europe.
accounts of bankers and merchants.
CoRRESFONDENTS.— New York, National Shoe &
Leather Bank; Union Bank of London.

CHESTNUT STREET,
PIIIL ADEIiPHl A

Orders eiecnted by private wire in New York, Bos
ton and Baltimore.
Drafts Issued on all principal points In the United
tates and Europe.

ESTABLISHED

P.

O. F.

-

WSW 70RK

&

61

specialty.

Stackpole,

N.

DEVONSHIRE STREET,
BOSTON.

No. 60

OFFIUE,

Perkins,

WALL STREET.

WALTIK WATSON, jA«ent«.
.-._,.

0'ormerl7 CHAS. A.

)

ALKI-K LANG,

Buy and sell Sterlln« Exchange, Francs and Cable
Transfers; grant Commercial and Travelers^ Credits*
available In any part of the world; issue drafts on
and make ooUeotiona in, Chicago and throui^honttbe
Dominion of Canada.

&

Dupee

BWMWI A

Office,

No. 22 Abchurch Lane

AGENCY OF

Co.,

DEARBORN STREET,
CHICAGO, II.I..

No- 176

D/^Xr'nC!
DV/1> UO,

T

H JJ

No. 52

WALL STREET.

Buy and sell Sterling Exchange and Cable TransIssue demand drafts on Scotland and Ireland;
also on Canada, British Columbia, San Fruncisco and

NOTKS
CRKniTS

issued in Pounds Sterling
CIHCUI-AR
all parts of the world.
COIVIAIKKIS(<l"ED for use in Europe,
CIAL.
China, Japan and the Ka^*t and West Indies. Also,
In name of
L.ONDON &. BKAKII.IAN
Limited, available In the Brazils, River

available In

BANK

NEW

Plate, 4c.
Bills collected

OAPITAIi (paidnp),
SURPIiUS,

-

-

-

...---.

H.

8.

HOWLAND, Preat.

D. R.

HEAD OFFICE,

$678,000

Wilson, Colston

Brandon, Man.
Dealers In American Currency &, Sterling Exchange.
Agents In London
Agents In Nev York:
BoSANQUBT, Salt & Co,. BAinc of MOntrkai„
78 Lombard Street.
59 Wall Street.
Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian bustness paper dtsoonnted at
the Head Office on reasonable t.erms. and proceed!
remitted by draft on New York.
I

I

and

THE CITY BANK OF HOUSTON.
CAPITA I/, $S00,000,

Houston,

Co.,

We

give

special
AOcesslble points.

•

on

all

Pres't; F. A. Rice,

Baldwin, W. B. Botts, Rob't Brewster, S. K.
Mcllbenny, B. K. Weems.
BENJ. A. BOTTS.Pres'l
B. F. WEEMS. Cashier.

Correspondenoe solicited

and Information

nlsoed.
N- Y. CorresDOndentf,— MrKlm Rrofhpr*

Robert Garrett

&

*

fni.

P'>

Sons,

W.

The

7

DURHAITX,

SOUTH STREET,
BALTIMORE,

(KEYSBR BDILDIN<y/
Nos. 23 A 25 GKR.MAN STREET,

Box

397.

BALTIMORE, M».

Members Baltimore gtook Bxobange.

Durham,

Bank, of

BANKERS,
No.

P. A. WILIY,
Cashier.

T. BLACKWWiL.
President.

N.

C,

W\th ample means, and facllittes excelled by no
Bank in the State, Invites correspondence and pays
special attention to colleotions.

Thos. P. Miller

&

Co.,

BANKERS.
inOBILE:, AL.ABAITIA.

&

eUl BUli and Canadian Fnnds on all nolntsin Canada
Amertoan and Sterling Bxcltaniie, and Stocks, Bond,
•te., botwht and aold.
Correapondenta— ank of New \ ork. New Tork;
•dA AllUnoe Bank, oodon.

oolleotlons

C. C.

SOUTHERN SECURITIES

WM. B. OLITKB.
BANKERS AND STOCK BROKERS, J.WH. MmDXNDOKF.
Oliver
Middendorf,
Co,
TORONTO, CAN ABA.
BANKERS AND BROKERS,
Prompt attention Riven to Collect ion of Commei
-

Texas.

attention to

DIKECTOB8.— Benjamin A. Botu,

TBAN8ACT A OBNERAL. DOMESTIC AND
FORWTrjV BANWT^n nT^aivo'uo

Buchan,

gaufeers.

ipedalty.

|

&

&

Bank, Chicago;

Triiders'
tional Bunk, St. t*u\ii8
First Nationiil Hank. initianaiMiIi.-,.

JijoutltJCim

K.XCHANGB.

BALTimORE.

INVESTMENT

Bt. Catharines. Port Col borne, St. Thomas, Ingersoll
WeUand, FersruB. Woodstock, Winnipeg, Man.,

Gzowski

made in Shelby and adjoining Counties
and Proceeds remitted on Diiy of i^aynient.
Refekences.— National iiank of Commerce, New
York; Union .N'atfonal Iiank, Clncinnuti Third Na-

4,

BANKERS AND BROKERS,

Cashier

TOIIONTO.
BRANCHES:

:

No.

SHKLBYVILLE, ILLINOLS.
Collections

:

galtimorjc ganknrs.

«1, 600,000

WILKIE.

THORNTON & SON,
BANKERS AND BROKERS,

:

COMMISSION STOCK BROKER,

Imperial Bank of Canada.

Dallas, Texas.

Wm. W. Thohnton, Cash.

(Bstatilished 185».)

Samuel G. Studley,

MEMBER OF BOSTON STOCK

(

General Manager.

Co.,

Wall Street.

BOSTON, MASS.

and other banking business transD. A. MCTAVISH, { Agents.
A»onf«

H. 8T1KEMAN,

Blakb BROS. A

\¥. F.

I.

No. 4 Excbange Place, Room

rranaact a general Financial and Agency Business in
the State of Texas and Europe.
C. B. WELLB8LEY,
Sew Tork CorrespondenU:

Thos. M. Thohnton.

Dealers In Commercial Paper, GoTemment and
other flrst-olass Bonda and Seciirltlea and Foreign
Kxthtaige.

fers.

Chicago.

& Co.,

PROVIDENCIB, R.

Mortgage

COMPANY LIMITED,
(OF LONDON, ENGLAND),

W^EYBOSSET STREET,

S3

North America,

British

&

Texas Land

BANKERS AND BROKERS

o»

Town, Sebool,

and Car Trust Bonght and Sold.

THE

STATE STREET,
BOSTON, MASS.

No. 40

Wilbour, Jackson

state. County, City,

The funding of entire issues receives special att«n>
Uon. Write us if you wish to buy or sell.

Co.),

BANKERS AND BROKERS,

Joshua WiLBOtrR,
Chablbs H. Sheldon, Jb.
Bbnjauin a. Jackson, Willlam Binnct, Jr.

Bank

^^

W. Harris &

Co.,
INVESTMENT BANKERS,

Dealers in Municipal, State and Railroad Bonds.

London

Co.,

OLIVB 8TRBBT. ST. LOUIS.
Bealers In W^estern Securities.
4^

BANKERS,

BMITHIjBS, Presideut.
W.J. BUCHANAK, Qeneral Manager

Noa. S9

&

&

Keleher

F.

Defaulted Bonds of Missouri, Kansas and Illinois a
Gtood Investment Becurities, paylnK from
to 10 per cent, for sale.
__^_^

and United States Bonds.

Parker

1871.

305

ALSO,

$12,000,000, Gold,
$6,000,000, Gold.

-

Gerlach,

No. 322

Dealers In municipal, State, Railroad

OAPITAIi,
SURPIiUS,

&

Narr

BANKERS ANB BROKKRS,

'Wii^sUxn ^ntikexs.

MEMBERS OF THE NEW YORK ANV

Bank of Montreal.

Pblladelpbla.

St.,

Stocks and Bonda BouRlit and Sold on Commission

BOSTON.

^milizvs.

Co.,

DEALERS IN CAR TRUSTS AND OTHER
INVESTMENT SECURITIES.

BOSTON STOCK EXCHANGES.

©atiajftiaw

&

BANKERS,

CONGRESS STREET,

8S

LPm A.

Clark

No. 35 Soutb Tblrd

BANKERS,

makinff colleo-

accessible points in the United States,

all

gaulierg.

Cobb

Brewster,

Buffalo,

CAPlTAli,

England

H^jetP

Bhebhan 8. Jkwitt, Pres. Josiah Jewktt, V.Pres

W.

E.

)

|5aii^5**|lew ^0rTi ^tuU.

ROBIIBT M. JANNIT.

PHIL, ABE

Bx-

'^^xnhsxs.

M. Shoemaker & Co.

Bsg

OEOROK HAGUE, General Manager.
J. H. PLUMMER, Assistant General Manager.
BANKERS:
LONDONj^KNO.—The Clydesdale Bank (Limited.)
NBW TORK-The Bank of New Tork, N.B.A.

Co.,

M. BHOKMASIR.

(5,700,000 Paid Up.

HEAD

Secretary.

&

L. de Steiger

•

President,
Vice-President,

branches of the Bank In the Colonies of Queensland,
New South Wales, Victoria. South Australia, Tasmania and New Zealand. Bills negotiated or sent for
Deposits
Collection. Telegraphic Transfers made.
received In London at interest for fixed periods on
terms which may be ascertained at the office.

PRIDEAUX 8ELBT,

J08.

OF CAIVADA.

(INCORPORATED 1836.)
4 Threadneedle St., London, England
PAID-UP CAPITAL, £1,800,000.
Letterfl of

IjeunsgXxjattia

Merchants Bank

Australasia,

XXXIX.

[Vol,

Special attention paid to collections, with promnt
remittances at current rates of exchange on day of

Buy and

payment.

of Mobile Bonds.

sell

State of

Alabama and

City

Correspondents.- Bank of the State of New York.
New York Louisiana National Bank. New Orleans;
Bank of Liverpool (Limited). Liverpool.
;

'

NOTXMBKR

THE CHRONICLE.

I8P4

IS,

I

A. E.

BDBHD88, l-rMt.

WAUUB, CHhIer

First National Bank,
WILnilNUTON, N. ('.
Collaotlona niHd* on

parti of tb* Doltad Btttes

all

MEUCHANTS' NATIONAL UANK,
HICUmOND, VIIKSINIA,
rollcrtuuii* nmdo on all Suulhern points on best
t«nuB: urouipt return!!.
JOIIX P. BRANCH. PrCKldcnt.
J»nN K Gl.KN.V, Ciuh. KllBD. K. SlOTT, Vloc-Pri's't

&

TllOn.lS URA\CII

CO.,
AND COMMISSIOV MKKCHANTS,

BANKEllS

RICHMOND, VIROIMA.
:.

-

*

"

'

'

'

[1

^ammevcUtl

United States Trust Co.

••......
$2,000,000
...

Capital,

Surplua,

.

.

.

-

3,541,608

Tbit company

l> a lenl depoiltory for monera paid
Into ooort, and Is autnerUMI to act a< ftuardlanoi
tecelTer of eitatea.

INTKKBrtT AM.OWBD ON DEPOSITS,
vhlch majr be made at an j time, and withdrairn after

are days' notice, and will be entitled to Interest for
the whole time tney may remain with the company.

sitatc':(

<>

TnvarjiEa:

stock In the North

Dan. H. Arnold, James Low,

9. B.

r

Thomas S'locomii.W. W.
sest H.PBI.NOLK.Caab.

Wm.C.Coi

BAM...

iIIAKL,Ei»TOIV,

(

<i>i-

Natioxai, Kaxkin'i: associatiox,
CHAni^ESTON, S. C.
8PKCIAI. ATTKXTIO.V (;iVKS TO C'OI.I.rCTIONS

And all

Chittenden,

BAGS, "AWNINO 8TRIPK8.
Also, Agents

ONITED STAVES BVNTINO
A full aapply, all Widths and Colon, alwmyi
Wo. 109 P nana Street.

John H.Khoaaes

Pholpi,

Joy, Lincoln

Clinton i;ilbcrt. S.M.HucItliixhiuu (ieorKe Bliss,
Daniel I>. Lord.
1. K. Lawrence,
WllllHm Libbey,
Georjie T. Adee. Ilsriiic N. Phelps. John C. Brown,
lKnt>,tuB CorninK. Kd ward Cooper.
Samuel Sloan,
\V. liayard CutlinK.
L. 'I'llollNBLL. beoretary.
LOUIS G. HAMPTON. Assistant Secretary

43

1

1).

Wm

1

1

The
The

Safe Deposit Co.,
OF NEW YORK,

First liBtabllshed In the World.

OFFERS UNEQUALLED SECURITY.
140, 143 A: 146 Broadway.
FRANCIS H. JENKS, President.

MANHATTAN
Safe Deposit& Storage Co
846

NEW

Comer of Leonard Street,
Safes to rent from $10 to

AND

611

VORK.
$200 per year,
CAN BK UENTKD KOIl A

DAY WEEK OK iVONTH.

Co.,

yO OTHER BUSINESS.

The Oiiarantee

Co.

OF NOETU AilERICA.
Oesh Capital
CashAssets

JSOO.OOO
400.000

Managing Director:

Edward Rawlings.

NEW YORK
NO. 178

OFFICE:

BROADW^AY.

D. J. TOMPKINS, Secretary.
New York Directoh.s—Joseph W. Drexel, A. L
Hopkins. U.Victor Newcomb. John Paton, Danle
Torrance. Edw. F Winslow Kragtus Wiman.
.

.

FIDELITY & CASUALTY

CO.,

NEW

216 BROADWAY,
YORKOt&clats of Banks, Railroads and Express Companies. ManaKers, Secretaries, and Clerks of Public Companies. Institutions and Commercial tlrms. can obtain

Nos. 214

i

BONDS OF SURETYSHIP

this Company at moderate charjrea.
The bonds of this Company are accepted by courts

from

of the State of

New

York.

CASUALTY DEPARTMENT.
Policies issued tLKainst accidents causing death or
totally disablinK injuries.
Full informiitU)n as to details, rates, Ac, can be
obtained at head offlce. or of Company's Agents.
WM. M. RicuAHDs, Prest. John m. Crane, Seo'y.
Kob'tJ. Hii.las. Ass't Secretary.

DIRECTORS:

Geo. T. Hope.
David Dows,
O. a. WUiUims,
A. 8. Barnes.
J.S.T.Stranahan, II. A. Ilurlbut,
A. B. Hull.
J. D. Vermllye.
Geo. S. Coe.
Wm. M.

Ruction

STOCKS

W.

G. Low,
Charles Dennis.
Alex. Mitchell.

S.B.Chittenden.
Richards.

^aljCB.

and

BONDS

At Auction.
The Underslj^ied

BALES

STOCKS

iiold

REGULAB AUCTION

of all olasees of

A2VD B O IV D
OS

WKDNE8DAT8 AND SATURDAYS.
ADRIABi H. ]IIIJL.L£R
SON,
Na 7 PINK STREET, NEW YORK.

&

CO..
CHAPNCIT STBIBT,
BOSTON.

IB

IkOZNTS FOB

Ocean niUIo Co, Atlantic rotton mUa,
Peabodr mill*, Oblionce
lopce inii£.
inia:. Co.,
wiiite

iniij

Saratoga Vlciorjr mic. Co.,

and Yarn

Iloaierr

Rlllla

Fabyan & Co.,

appointee.
Takes charge of property collects and remits interest and Income promptly, and alscharKea faithfully the duties of every trust Icnown to the law.
All trust assets kept separate from those of the

BR01VN & BLEACHED SHIRTINGS

;

Company.
Burglar-Proof Safes and Boxes (having chrome
steel doors) to rent at 95 to $60 per
new and eleKant chrome steel.

annum,

in their

and Barelar-Proof Vaults,

protected by Improved time locks.
Wills kept In Vaults without charge.
Bonds and Stock?. Piute iind all valuables securely
kept, under guarantee, at moderate charges.
Car trusts and other approved securities for sale.
Money received on deposit at Interest.
JAS. LONG. Pres't. JOHN «. HEADING, V.-Pres't
S.STOliES, Treasurer & Secretary.
D. K. PATTERSON, Trust Officer.
Directors.— James I.onK. Alfred S. Gtllett, Allison
White, T>r. Chas. P. Turner, William S. Price, John
T. Monroe, W. J. Nead, Thos. H. Patton, John G.
Heading. Jas. S. Martin, 1>. Uayes Agnew, M. D.,
Jos. 1. Keefe. Robert Patterson, Theodor C. Bngel,
Jacob Naylor, Thoy. (i. HihkI. Eilwurd I,. Perkins,
Philadelphia: Samuel Kiddle, Glkx Riddli:, Pa.;
Dr. George W. Reily. HAURmBUHO, Pa.; J. Simpson
Africa, Huntinouon llenrvS. Eckert. Reading;
:

Edmund 9. Duty. Mipfmntown; W. W. H.Davis.
DOYLESTOWX R. E. Monaghan, WEST CHESTER
Chas. W. Cooper. Allkxtow.v.
;

The Brooklyn Trust Co.
Montague & Clinton

Brooklyn, N. T.
This Company is authorized by special charter to
act as receiTer, trustee, guardian, executor or adCor. of

ste..

New York, Boston, Philadelphia,
SBLLINa AGENTS FOR LEADING BRANDS

AND SHEETINGS,

PRINTS. DENIM3, TICKS. DUCKS, &0.
Towels, QnlIt8,'Wiiite Goods Sc Hoalerj
Drill*, S/iatinat,

T HE
Provident Lif e &Trust Co

PHILADELPHIA.
OF
Incorporated Third Mo..
22d. 1SB3.

(CHARTER PERPETUAL.)
«1,000,000

,

Aritngtou mils,
Ereeuian Itll'i;. Co..
Renfrew Mfe. Co., Jaiiiex Fliilllp*, Jr.
Fitcbburg Worsted Co.,
Georee Whitney, Continental mUlls,
Lincoln inills.
BOSTON, 31 Bedford Street.
*8
60 Worth Street, and
vp-w vnRir
Ui.W
YOKK 5j 35 &
^ 37 Thomas Street.

ESTABLISHED 1855.
EUGENE R. COLE, Successor
&,

Sears

the faithful performance of which their capital a id
surplus fund furnish ample security.
All trust funds and investments are kept separate
and apart from the assets of the company.
The income of parties residing abroad carefully
collected and duly remitted.
SAM'L R. SHIPLKY, President.
T. WISTAR BROWN. Vice-President.
ASA S. WING. Vice-President and Actuary.

to

Cole,

STATIONER AND PRINTBai,
Supplies Banks, Bankers, Stock Brokers and Corporations with complete outfits ot Account Booki
a nd S tationery.
New concerns orKanlzlnx will hare their orders promptly executed,

tW

No. 1

WILLIAM STREET,

(HANOVER SQUARE.)

Bullard
lie

&

Wheeler,

mAIDEN LANE,
NEW

YORK.

BAGGING AND IRON

TIES,

(FOR BALING COTTON.)
Agents for the following brands of Jute Ba«fflDr,
"Kagle Mllls.""Brooklyn City. ""Georidii, "•'Carolina/'
'Neylns. O," "Union Star." "Salem." "Uorlcon MlUl,"
Jersey Mills" and " Dover Mills."
IMPORTBKS OK IKO.V TIES.
'

BAGGING.
WARREN, JONES

CAPITAI.

ASSETS $14,5§3,444 §3.
INSURE LIVES. GRANT ANNUITIES, RECEIVE MONEY O.V DEPOSIT, returnubio on demand, oron which Interest \n allowed, and are empowered bylaw to act ua KXECLTOKS, ADMINISTHATOKS. TKLSTEES. (iC AKDIANS. ASSIGNEES,
COMMITTEES. RECKIVKKS. AtiBNTS. etc., lor

for Export Trattt.

SELLING AGENTS FOB
Geo. H. Gilbert KlfK. Co..

TKUSTKE8:

Josiab O. Low. E. F. Knowlton, H. E. Plerrepont,
AJez. M. White, John T. Martin, Ilenry K.Sheldon,
A. A. Low.
Wm. C. Kintrsley. C. D. Wood.
Alex. McCue,
Fred. Cromwell, Wm. U. Male,
Mich'lChauncey, lonn P. Itolte,
Tlenry Sanger
Wm. B.Kendall. E W.Corlies.
Ripley Ropes.
Jas. Ross Ciirkan. secretary.

<«<..

Brown Wood & Kingman

ministrator.
It can act as agent In the sale or management of
real estate, collect Interest or dividends, receive
registry and transfer books, or maKe purchase and
sale of Government and other securities.
Religious and charitable institutions, and persons
unaccustomed to the transaction of business, will
and this Company a safe and convenient depository
KIPLEV KOl'KS. l-re.^ident.
for money.
BD.MUND W. COKl^lKS, Vioe-Pres't.

GRATZ

St,

ST. LOUIS, Mo.
Mtumfactorers' Agent* for the sale of Jnta BagKlns

I2£rORTEBB OF

IRON COTTON

TfEli.

OFFICE
CARPETS.
Before buying your Carjiets, Linoleum, Oil
Cloths or

Mattingn. rnll at

Carpet Store, 114 Fulton

BENDALL'S
St.,

Chiapest plaoc iu the city.
venient to call, send for eaniiiles.
floor.

basement

U

not con-

Metropolitan Trust Co.,
Mills Building, 35 W.ill St.,

PAID UP CAPITAI.,
S

SA'WTEB &

Bliss,

;

Deposit with Insurance Department
:2i4,000
President:
Vice-President:
Sib ALEX. T. Galt.
Hon. Jas. Fkrbieh.

E. R. raiTDGE,
is WBITK STHIET,
NEW rOKK.

Si

AND 613 CHESTNUT STREET,
PH1I.ABKI.PH1A.

MAHLON

Bonds of Suretyship.

Motley,

Authorized Capital
11,000,000
Paid-up CBpltaJ...
500,000
Charter Perpetual.
Acts as Executor, AdmlniBtrator, ABslgnee, Receiver, Guurdian, Attorney. Axent, Trustee and Committee, aluce or In coDDe<itloa with an Individual

Fir«

BROADAVAV,

348

dc

The Union Trust

&

CO.
In itock

Bi-crcssoKS TO

HENRY

^ompmiits.

#afje gtposit

kinds of

CANVAS. FELTINO DUCK. CAB
COVERINO, BAUUINO. RAVENS DUCK.SAU,
TWINES, Ac, "ONTARIO" BKAMIJSS8

WllUa James, Anson P. Stokes.
Wilson (). Hunt. John J. Astor.
Kobt. B.Mtntarn
.John A. Stowitrt. Geo. II. Warren.
H. MHoy.

('hurlaH K. mil.

OesKra ta

tuiil

COTTON

JOHN A. HTKWAHT. President.
WIM.IAM II. .MACy. Vice-President
JAMES S. <:hAUK. Second VIce-Prest

I

Co.,

COTTONSAILDUCK

Executors, administrators, or trustees of estates,
business, as well as rotlirlousund benevolent Institutions,
will and this company a convenient depository for

';>latur(', tor V« per cent coniCarolina fl l>er cent bonds,

)<'

&

Muiafactnrera

and females anacouslomed to the transact Ion of
money.

(^»kCLb,

BrinckerhofF, Turner

OF !fSW TOBK.
No. 49 WALL STHEET.

undor tho Funding Act

Vlnrlnln Ht<n(1s firndpil
I

€ompmiics.

^vJXBt

Jfoxitltcvtt gauljjers.
a.

Designated

New

York.

91,000.000.

as a legal Depository

oy order of 9a*
preme Court. Receive deposits of money on Interest,
act as fiscal or transfer agent, or trustee for corporations and accept and execute anr legal trusts from
persons or corporations uu as favorable terms ss
other similer companies.
TllO.MAS UII.LHOUSE, President.

FREDERIC D. TAPPKN. Vioe-Presldanl
WAI.TEU J. BK1TTU(. tMcrnuT.

H. L. Grant,
No. 14S BROADWAY,
NEW YORK.
CITT RAILROAD STOCKS ft BONDS
BOUGHT AND

SOLO.

Bee qnotatlonj ot City RallrowU In thU

p

THE CHRONICLE
^pjetial 'gnvtstments.

Geo. H. Prentiss & Co.,
No. 49 WAl,L ST., WKW IfOKK,
AND

SOS raONTAOl'B ST.,

BKOOKXYN.

GAS STOCKS

OAS SECURITIES,
Stocks and

Street Railroad

IV

No. 21

DEALER

T. Stock Exchonse.

CITY RAILWAY STOCKS

GA^S STOCIiS,
TRUST CO.'S STOCKS,

NEGOTIATED.
INVESTOTENT SECUKITIES
ANI> 801,0.

WAINTED:

1st mortgnge 58.
'RClensburg Ista and 3ds.

Galveston Houston & Henderson

Wiitertown
Oswejro A Home Bonds.
Joliet & Northern Indiana Bonds.
Terre Haute &lndiana»joUsrit'iek.
Grand Rapids & Indiana Bonds and Stock.

ALBERT

i

E.

HACHFIELO,

No. 6 ^Vall Street.

Car Trust Bonds.
SPECIALTY OF THESE VEKT
SAFE 8BCUBITIK8, AND BUY AND SELL BAMB

WK MAKE A

AT MARKET PRICE.
WK OFFER A LIMITED AMOUNT OF DE81B
ABLE CAR TRUST ISSUES, ADDITIONALLY
8HCUBED BY THE DIRECT OBLIGATION OF

MARTIN

POST,

No. 34

&,

CO.,

PINE 8TEEET.

Notice is here'iy given that the unders^gned, the
trustees under tlie mortgage da-ed May 1, 1881.
made by said company to us, to secure an issue 4»f
140 bonds of $1,000 each, all of that date, have designated, and we hereby call in, for redemption, as l>rt)-

NEGOTIATED BY THE

First National Rank, Corning, Iowa.
mortgages in the best Farming Districts
Choice
in Iowa, Missouri, Kansas and Nebrasita. Interest
paid at your own liome in N. V. Exchange. Twelve
first

years' experience in loaning for Private Investors
and Trust Funds. Send for circular giving full particulars as to loans, references, etc. Interest from
date of receipt of money.
CHA8. C. NOBTON, Cash'r. Lew E. Darkow, Pres't.
Refer to
GiLMAN, Son & Co., Bankers, N. Y. City,

Merchants* National Bank. Chicago. UUnois.

THE
Kansas Loan & Trust Co.
TOPEK.A, KAN.
GKO. M. NOBLE, Sec
T. B. SWEET. Pres.
iB the oldest and largest institution in Kansas,
giving exclusive attenTion to the Negotiating 01
CHOICE FIRST .MOUTUA(iE LOANS at high rates
of Interest. It has negotiated over l$li,OUO.OOU
of these loans for Savings banks. Insurance Corapaoles. Estates and private parties East. Send for
circular.

Farm Mortgages
In Sums of $100 and Upwards on In
diana and Ohio Lands.
NOTHING SAFER. ALWAY.J PROMPTLY PAID.
tsENU FOR PA.MPIILET.
JOS. A. IfiOOKE,
84 East market St., liiiUanapolis, Ind.

THE WESTERN

Farm Mortgage

Interest and principal paid on day of maYork. Funds [.r-.mptly placed. Large
No losses. Send for circular, reference!
V. M. PKltKlNS, President; J. T.
Vlce-Precit.; L a. PERKINS, SecretKry.
GlT.T.gTT. T.W. V. t\ IH HT. AnA ttAt

New

experience.

%ai sample forms.

WARNE,

CTAH.

W

E.

S.
T

all the outstanding bonds of
bonds numbered as follows:
:»
99
ISO

15
18
17
18
19
20
21
2i
28
24
25
26
27
28
29

48
4U
47
48
49
50
51
53
53

54
56
57
58
59
60
73
76
77

30
31
32
33

31
33

100
101
102

79
80
81
82
^8
84
85
8«
87
88
89
10
»1
92
03
94
95
96
97
98

121
18S

laa
124
125
13B

103
10»
105
li«
107

031. (108, 687, B9I. 709, 71U, 8u=i, sjn, H44, 014. 927. 976.
1,001. 1.002, l,0i7, 1,045. 1,030, 1.03
1,015. 1,074. 1,0S«.
l,(li)3, 1.09., 1,102, 1,110. 1,113. 1,112. 1,165, 1,'.67.
Interest will cease on aforesaid bonds on and after
,

first day of January. IS'^o.
Principal t>f retired bonds payable on and after
said date at the office of tiie S<mtii Park Commissioners, No. 143 Randolph Street. Chicago, 111.

H. W. IIAKMO.V.

in

112
113
114
115
116

(101)

Bailey,

INSURANCE STOCKS
A SPWriAI.TV.
Cash paid at once for the above seonrltlM ; or they
will be •old on oommtaBlon at aeUer'i option.

December

day,

Chairman. 52 William

GRIN.NBLL BUKT.

J. 8.

WILLIA.M

8.

secured

)

!3r„,,„„,
irusiees.

i

GAS COMPANY,
PONSOI.IDATED
VJ
No. ;9
II

EK'.-i

STANTON,

York,,

inVf^ftl^jatlon

&

Reed

Flagg,

Duncan Building, Cor. Nassau & PineSts,
ENTRANCE No. 11 PINE STREET,

BROKERS AND DEALERS

O IV I> S

SOUTH STREET.

OFFICE,

Bai-ti-Mouk, Novembers. 1H84.
At the Regular Monthly Meeting of the B(»ard of
Directors, held this dav, the following resolution
was passed That a Dl VIIJK.N'D OK FOUR (41 PER
CKNr on the Capital Stock of the Company be
declared, payable on and after December 15. 1884.
to the Stocltholders of record on the books of the
company at the close of business hours (3 o'clock P.
M.) »m Saturday. November 29. 1884.
The Transfer Books will be closed from December
1 to December 15, both davs inclusive.

New

^vahleuiviuallu in

upon

at our oj?lce, that
the business is by no mean.H expeitmental. Our operatiiins extetid over a long period, during which we htive
negotiated more than S6,'-0Q Joans, with such rcsulls an
enable our customers to pin us in recommending thent
as the safest and best securities to be had.
wilt Und,

OK UALTl.MOKK CITV.

TREASU

St.

W. OPDrKB,

byfli'st viorloa-j^

Lenders

bonds of $1,000

LANE.

C.

atUnli n to the advantajes it offers
improved farnia at seven and

(tills

for plncitrj/uuds upon
ciijht per cent interest,

bonds must be presented and delivered to
Messrs. Winslow. Lanier & Co., bankers. 26 Xa.,sau
Street, New York City, for account of the undersigned trustees, on or before the first day of May,
1885. The interest on any bond not delivered by
that day shall thenceforth wholly cease.
OCTOUEIl 2 '. )'<84.

CH AUI.KMAGNE TOWER,

1S84,

1,

CHARLES J. CANDA,
D. B. HALSTEAD,

said

13

.

:

CHAS. F PEREGOY.
Treasurer.
"NOTICE."

The holders

lor the Slock of the Coiisi.lid ited (Jas Company on
or before November 21'. 18*^4, if they wish to participate in the above dividend.
CUAS. F. PEREGOY,

Treasurer.

PENNSYI.VANI.A RAIl,ROAD CO.
TREASURER'S DEPART.MENT,
PHII,A1IEI.PHIA. Nov. 3. IS.'<4.
Directors has this day declared a
Semi-Annual Dividend of TIIUEH PER CE.N'T upon
the capital stock of the Company, clear of all taxes,
payable on and after November 29th. ne.xt.to shiireholdors as registered on the books at 3 P. M., Octo-

The Board

FOR SALE-INSUR.\NCE STOCKS.
Shs.
(17

.«!hs.

Continental.

of

ber Slst, ult.

JOHN

TAYLOR, Treasurer.

D.

COMPANY,
H OMESTAKE MINING
BUOAD
MILLS BUILDING, No.

15

N8W York,

STKKET,
Nov. 14,1884.

DIVIDEND NO. 75.
The regular Monthly Dividend-TWENTY CENTS

—has

been declared for October, payable
Company. San Francisco, or at the
Transfer Agency, New York, on the 25th Inst.
Transfer books close on the 20th.
LoUNSBERY 4 CO.. Transfer Agents.
per share

at the office of the

ot.

COM-

1,

Notice is hereby given that an election of Twelve
Directors of the Manhattan ompany will be held at
tiieir banking house. No -OWall Street, in the city
of New York, on 'I'uesdav. the 2d da. of December
next, between the hour.> nf 12 M. and 1 P. M.
By order of the Directors.
'

J.

T.

BALDWIN.

50

10 Eagle.
15 Empire City.
100 Exchange.

Home.

21 Knicker'cltcr

70
1ft

No.

Shs.
80 No. River.
50 Phenix.

Long Island.
Mecliantcs'.

20hrank. &Em. tO National.
2 Germanla.
25 Niagara.

of the Capital Stock of the People's

Gas Company and the Consumers' Mutual Gaslight
Cimipaoy are re-guested to have the same substituted

80 Rutgers.
5 Star.

50 Sterling.
200 Atl.Mut.Sc'p.

PINB HTKKKT.

.1«

N. Y.

TO UOIiDERS OP UEFAUIiTED
BOND8.
The

correspondence

undersigned invites

holders of

all

PUDIATED

WlOSTER.N DUKAUl.TBD

BO.N'DSof

with

OR RE-

Townships

Cities, Counties,

Will purchase at best rates,
or School Districts.
lilve full (description and address

T. J.

F

CHEIY, JR.,
i

f t

h

Kt.

Joseph, Mo.

Avenue

HOTEL,
IVEW YORK.

Ifliidijion Square,
The Largest. Best Appointed and Most LiberallyManaged Hotel in the City, with the Most Central
and Delightful Location.

HITCHCOCK. DARLINO & CO.

Groesbeck

&

Schley,

NEW YORK STOCK EXCHANGE.
2G BROAD ST., NEAV VORK.

ME.MSERS

Private Wire connection

Baltimor e and

with

Pliiladelpliia,

Wiiwliiutf loii.

&

Spencer Trask
BankerSy

Co.,

Nos. 16 AND 18 Begad Street,

Cashier.

Transact a General Banking Businesti

No

Water.

PINE STREET.
DEALINOS IN

Mortgage Bonds and other securities, with the
amounts of assessment thereon, must be depot^ited
with tlie Central Trust Conipauy on or before Mon-

TheCorbin Banking Co.

each.

The

IWAIN I^INE.
of re-orKaniz;itlon can now be procured
from the uncleraignert. To avail of its beneflts, First

The plan

Ite^pect fully

117
118
119

Being one hundred and one

Ohio Central RR. Co.^

Re-ttrganization Committee.

la?
128
120
130
131
i:«
133
134
135
ISa

108
109
110

Co., BANK OF THE MANHATTAN
PANY, New Vokk,
18M.

liAV^RENCE, KANSAS,
OfTern to Investors the best securities in the marke*
FIRST MORTGAGE LOANS UPON IMPROVED
FAHMS.

36
87
44

OFFICE

Safe Investments.
7 PER CENT BONDS and MORTGAGES

turity in

See.

RAIliROAD COMPANY
WESTERN
OF MINNESOTA (now ST. PAUL & NORTH-

EQUIPMENT COMPAMY.

TH« RAIliROAD

24, 36. 44. 47, 51. 04. 10'2, llo, 120. l-;i. 123. 141, 144, 155.
156, 181, 195,221. 2;i0, 2(i0. k(W, 2»U. ^83. 398, 585, 691,

Secretary South Park Coinmissiitners.

vided in the mortgage,

Stock Privileges

.\;

IT MAY CONCERN:
Take notice that the following numbers of South
Park Bonds have been .selected and retired by the
South Park Commis-sioners in conformity with law
for the annual SINK! G FU.MJ. vi/..: Nos. 20. 21.

the

STOCKS,

StncUs, Insurance Stocks.

said issue, namely,

Kome

IN

TELEGRAPH

South Park Bonds.
WHOM

TO

ERN PACIFIC KAILWaV COMPA.ViM

IM.

BBK GAS QUOTATIONS IN THIS PAPKa.
W. W. Walbb
G«o. H. Prentiss,

BOUGHT

NASSAU STREET,

Interest, gtJJixIeutXs,

AND ALL KIND8 OI

Member N.

C O YES,

WJVJL.

Bank

financial.

Bob«1»

BROOKLYN SECURITIES
DEALT

investments.

J»vcciitl

XXXIX.

[VOL.

L'SE

New

No

Brush.

THE

Yorii Moist Letter Copying BooV,

MANUFAITURBD BY
New York Stationery &. Envelope
No. 68

JOHN

STRBltT,

NEW

Bkajjch Offices:
Connecied by Private Wires.

YORK.

PhiKadelphia, 133 Soutli Tliird Street.

Albany, N. Y., 65 State
Co.,

Street.

Providence, II. I., 13 Westiuiuatar St.
Saratoga, N. Y., Grand Union UoteU

xmtk
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES,
^btered aocording to net of Congress,

VOL.

In tho year 1884,

hy Wit. B. Daxa

& Co.,

In the office of tho Librarian ot Congreas, Waahington, D. O.i

SATURDAY, NOVEMBER

39.

CONTENTS.

15,

NO.

1884.

The market value

ing weeks.

of the shares disposed of

THE CHRONICLE.

tho Aci-icultural Dislrirts... 535

BullrohU Euii Injjs In 0< tober,
and from Jan. 1 to Oct. 31..

Ellison &. Co. '8 Annual Kevlew
of the Cotton Tiuile for the

I

Season i8o3-S
I
I

Monetary
English

I

I

3(>

Commeruutl
542

Oommercial and MlsoellaneoiiB

544

News

I

;

539

I

and

News

I

THE BANKERS' GAZETTE.
Money Market,

Foreijfu Exchange, U.S. Seuurities, State

and

8to ks

RingH

|

and

Bonds

iiallroad

|

516

I

547

|

in Prlees at the N. Y.

Stock Exchange

I

Quota ioiisofStocksandBonds 548
549
New Yoik lx)eal Sieurities
Railroad Earnings and Bank
Returns

S.io

National B.nnk Returns
551
luvestmeuts, and Mtate. City
and CoriMjration Finances. .. 552

and

is

double these
amoiiuts be deducted from the clearings at this city, the
remaining exchanges are seen to be |:}44,260,695 and |383,225,973, or a loss of but 11'3 per cent, again.st 34 '8 per cent last
week and 30-5 per cent October 2.). Outside of New York the
exchanges aggregate |2.52,817,918, against f283,.539,498 in 1883,
or a decline of 10'8 per cent. On November 1 the decline was
19'6 per cent, and the preceding week 12'7 per cent. The cities
wliich make a less favorable comparison than during the previous week are few, viz.: Providence, Worcester, Pittsburg,
Chicago, Detroit, Indianapolis and St. Louis. The following
shows the amount of the exchanges at each city in our usual
form.
166,47.1,000, against $117,131,000 in 1883,

Clcaring-House Betnrns
531
531S
The Fiuaniial SituiUion
What Mnlccs Kuilioad Earuinjis Small
534
How Biiiilc Tax Rpiu al Ht-lps

1,012.

%\xz ^hxoniclc.

Week Endinif November

FINANCIAL Chroniclb u published in
Neto York every Saturday morning.

if

8.

Week

-28-3

$438,532,568

EtuKiiir JVor. 1

Thb CouMEBciAL AND
1

Entered at the Post Office, New York. N. T., as second-class mall matter.

TERMS OF SUBSCRIPTION-PAYABLE

IN

ADVANCE

in

6 10

X2

London (Including postage)

7s.

£189.
do
Tliese prices Inolnde the Investors' Supidement, Issued once In two
months, and furnished without extra charge to subscribers of the

A

neat Hie cover

is

furnished at

Volumes bound for

.50

cents

;

postage on the same

Is

18

WILLIAn

i 79

— On page

dc

B.

DANA &

Co., Pabllsbers

NEW YOKK.

81 William Street,
i'osT Offick Box 958.

will be

CLEARING HOUSE RETURNS.

—

—

and

(Gruin...bu8hds)

(23,892,000);

(Fetroleum..bbls.}

32,3^8,000)

Boston
Providence
Hartford

t8S,639,fll<!!

3,S23,300'

(888.448)

(-36

(477.000)

(-6-8)
{-«4-5)

(-31-1)
(-22-7)
(54.171,000) (-65-0)
(44,315,000); (—27-3)

1,363,180;

1,651.443

l,062,532[
1,035,868;
715,655'

1,231,270
1.001.608

33'2 per cent respectively in the

Total N. England
Philadelphia...

Plttsinrg
Baltimore

—W2
— 17-6

—13-7
+3-4
801,957] -10-8

-52

936,v)ll|

—216

680,218

two preced-

4,41«.:0O,

-84-2
+5-4

1.171,4«5

—291

1,016,038

653.389{

-19-8
—4-5
—4-7
—28-5

456.011

-270

$58,811,4681

1,028.975

aoi.noo

-22-4

-2^2

+0^
—10-3

$59,807,894

-23-3

-168

$44,515,703
8,082,850

$44.0t4,0e7|

-11-8
-82-«

13,725,256

•49,547,447
8,671.069
13,610,127

|64,452,813|

$71,828,642

-i;-7
+2-7

—183

Detroit
[f'dianupoUs

(83,065.000) (+lS!»rO)

$39,828,337
8,481.699
11,577.888

»82.978,65e

Milwaukee

(22.7».\800)

«)

$68.4-39,348

»77,990,8!2

8,712.9901

Total Middle...

—4-3

t7l,721,4496,04:,800

Porliand

888,485;
481,914!

-43-9

(374,100)

New Haven
Worcester

Per Cent

(1,455,526)

—8-0

-188

— 14-9
-23-7
-8-7

3,70'.!.4S3

—s-»

2,690,.'.6S

-11-8
-2«-a

(^oliiiubus

—23-2
+2-9
+28-6

Peoria

— ltf!>

776.749

-37-8

-137

$^,157,602

— l«S

—17-8
-11-3
-21-8
+81-5

$12,918,575]

8.173,606
3.289.467

-17-8
-18-3
—40-0

3.«0J.e45

+JTS

1.3^5,6.19

-15-8

Cleveland

Total Western..

Louis
New Orleans

St.

Louisville

Notwithstanding the week under review has been broken
into by the Presidential election with all its depressing influences particularly aggravated this year in consequence of the
uncertainty which attached to the result for some days the
exchanges make the most favorable comparison with last year
of any week since the beginning of our record. In fact, Portland, Baltimore, Milwaukee, Cleveland, Columbus and Kansas
City report clearings in excess of 1883, this being especially
noticeable at Columbus, where the increase reaches 26'6 per
cent. Kansas City, which all along has made a better exliibit
tlian last year, fall-j somewhat behind preceding weeks, recording an increase of 31 '5 per cent, against 87 '8 per cent November 1 and 33-7 per cent October 2.5.
At New York the speculation on the Stock Exchange,
although still far from active, has been of larger proportions,
and to this is due, to a great extent, the improvement shown.
The falling oft from Ijist year is now only 23 '3 percent, against
43'9 per cent

(959,645)
(a-9,80O)

|«22,48-.a73

Chlcasro
Cincinnati

found the detailed returns, by States^
of the National Banks, under the Comptroller's call of September 30, kindly furnished us by Mr. Cannon. Previous returns
were published, those for June 20, in the Chronicle of Aug.
10, 1884, page 180, those for April 24, in the issue of June 14,
page 704.
.551

of—

Lowell

Fi.nancial Chsoniclk In London
ts with Messrs. Edwakds & t«.MiTii, 1 Drapers' Gardens. E. C. where
ubsoriptions and advertisements will be taken at the regular rates,
and siuKlo copies of the paper supplied at Is. each.
The oltico of the CiiKONiCLu in Liverpool is at B 15, Exchange
Buildings.
ofllee of theCoM.Miiiici.vL a.nu

WILLIAM B. DASA,
JOHN O. FI^VD

yules

$4-7,210,6951

HpriiiKaeld

Ruiisciihers at *l 00.

Offices In Eiiifland.

The

Yorlc

do

ClIKilNICI.E.
Siibseriptlons will be continued until definitely ordered to be stopped.
The publL-ihers cannot be res[ionsibl6 for remittances unless made hy
Drafts or Fost-Ottlce Money Orders.

oonto.

1884.

1884.

New

shades.)
(Stocks
(|?,tt n....bai«.)

i

f 10 20

lor One Year (Including postage)
do
ForSix Months

Annual subscription
do
Sixmos.

|

Kansas t'lty
.Memphis

-86

— isri

Total Southern.

San Francisco

—

Total sU

1.33j.3a7
1,8-1.996]

— 19-8

1,10.!,582{

-ITS

"$29,S6t',80

—2.39

$13,365,680

— 19'4

$«a3.~J2,758i

-B-8
-»7-6

By telegraph we have the exchanges for the five days ending this evening at the cities embraced in the statement below. The figures do not make so favorable an exhibit in comparison with last year as those given above. They are as follows.
Ftve Days Ending X&v. 14.
1884.

Kew

Vi.ri
Sales ol Stock (»?«.)

Boston
Philadelphia..

Baltimore
St. I.OUIS

Total..

$446,930,300
(1,320.226)1

$S3.143.S!ll
.

81,873.7561

1883L

\Per Cent.

»fl67,Sli7,70«!

-33-1

(1.780,463)' (-«3-3)

$82,782,766
44,428.814

\PerOtnt

-8S-S
(-278)

-15-4

-888

87.7it7.910,

-»*

ll.l>04.24SJ

18,888^

+4-9
-19-*

iai4.BI0.887l

-20-8

12.928,9kiei

18,040.887|

t55.'>.061.g44;

$801.25i,647l

-30-7

12.192.11881

US4.

$808,400.1601
(851.1«1)|
$6».ee3,S8ttj

-8-3
-7-3

10.1*2,772'

flM Days Bnd'Q tfnv.7

—140

.

THE CHRONICLE.

532

This has been a very quiet week.
comes more slowly than anticipated,

progress being

seems a

it

want

which have prevailed and

London even up

of the shipments from

Business revival
its

in view of the conditions

Still,

THE FINANCIAL SITUATION.

to the present time,

presumption that America

fair

XXXIX.

[Vol.

now

just

is

in

not only and perhaps not mainly because

of gold

iindered by a vague feeling of fear lest some dispute may it is capital to be used in productive enterprise for wa
arise in the ofBcial counting of the votes cast in New have more than we can employ in that way now
but
York State at the Presidential election. Since Tuesday
of some
ofiice

—

been going on, and each succeeding day's results have helped to re-assure the public mind,
so that as the week closes Wall Street markets have shown

this official canvass has

and an increasing disposition is manifest
on all sides to accept results and go to work again. Several days more will however be required to complete the
count in this city, and until that is also finished, enterprise
But with
will continue to be in a measure held in check.

more

strength,

because

other

tion in this light

we

call

has decreased during the year while the

about

and

call of

ness.

As

On

holdings.

Bank

National

As

September 30 th.

make an

Treasury

Treasury,

we pub.

another page

returns under the last

return corresponds in

that

date with the monthly Treasury Statement
to

an influence in Wall Street, the cutting of rates by

of the

people give evidence of a desire to

the

their gold

increase

In other words the

gold reserve.

its

the banks

ing belief encourages the hope that a speedy change for

departments of busi-

demand

banks on the Treasury holdings has been quite active
until the Treasury at one time this Fall became anxious

lish in detail the

all

find there is

a cuirency inquiry for gold,

the Presidential question fully out of the way, the prevail-

the better can be looked for in

—

Looking at the quesapparently what we may
for the amount in sight

it fills.

enables us

it

exact exhibit of the gold in the Ijanks and

—that

the total

is,

amount

in sight

—

as follows.

the trunk lines has proved less of a feature than hereto-

The

fore.

but previous declines have brought in buyers of
least,

Nov.

1,

1S80.

New York

and so the downward movement has been
checked. Besides, it was announced on Monday last that the
two cent per mile rate west of Buffalo had been restored on
all the lines, and this was assumed by the Street as an indi.
cation that the Grand Trunk would not act in concert with
the West Shore longer, and that West Shore's operations
•would therefore be confined to this State but as through
tickets are still sold as heretofore, this measure seems to
have had as yet no apparent result. Better success is
expected to attend the meetings of the committee of trunk
They have had several sessions this week
line Presidents.
about freight rates, which have of late been greatly demorCentral at

Kor.

contest has continued with unabated bitterness,

Nov.

1,

18S1.

1,

1882.

Nov.

Sfpt. SO,
1884.

1,

1883.

Gold.
In

the

Treasury, less

certltlcates

133,679.349 167,781,909

157,353,760 130,514,384

In DHtlonal banks, including certillcates
103.851,082 107,222,169
In State banks, including certiflcates
17,102,130 19,901,491
Total gold..

117,185,000
17,692,500

18,255,300

20,250,000

253,6.<12,511l294,005,58« 260,455,297 273,170,11'; 267,949,881

The Mint Bureau says
country has

stock of gold in the

that the

14^ million dollars during the
and yet in a time of great depression, when it

;

year,

increased

would seem as

when

the old stockings would be emptied to a

if

extent through

considerable

the active circulation

sight has

the force of necessity, and

is

at a

minimum, the amount

5^ million dollars. Tlie people
hoarding
seem
to
be
gold still, the banks show
therefore
alized, especially east-bound.
It is reported now that the
determination was unanimously reached by this committee what their desire has been by reporting a larger total than
in

fallen

off

and to maintain them in aU cases at any other date given, while the Treasury has expressed
The order is expected to go into effect its wish by replenishing its stock through the device of
a very important step if it can be made making its payments half in legal tenders.

to restore rates at once
at the pool tariS.

on ^londay, and is
With reference to our foreign trade we have received
effectual.
Soon the lakes and canal will be closed, and as
week the breadstuffs and provisions figures for Octothis
there is an unusual amount of produce to be moved during
issued
by the Bureau of Statistics. We give them
ber
the Winter, good rates must assure a fair income.
Gen.
adding
the corresponding movement during 1883
below,
eral business, too, gives excellent promise of a very considerable expansion, so that

if

rates can

be maintained the

future of railroad property would look far

than

it

has of

more promising

late.

and 1882 for comparison.
1884.

BxporU
from U. S

4 Mantha.

Octobtr.

and the Presidential question, the course
Qttantitiea.
of foreign exchange has attracted most attention during Wheat, .bu.
Other than

cent,

the

Bank minimum

and the open market rate

still

London

in

is

obtainable in

4|, while

implies a pressing

demand

claimed that

the natural set of

it is

produced

by

in

the

America
rapid

In a sense of course that

products.

4 3fontli».

October.

iMomht.

7,084,659
880.213

35,466,308
3,019,139

6.587,728
771,286

28,158,632
2,645,940

10,043,247

Floor... bbls.

639,848

2,639,878

Tot. In bush.

11,046,017

49,052,433

10,068,515

40,065,862

12,922,663

70,532,565

not over 2

Values.

for gold.

It

may be

the current in this

marketing
is

true,

of

our

5S,655,814

and yet our

Total breadstuffb, value
Provisions

I
45,820.559

»
14,371,199

735,161

4,879,624'

2,960,900

12,313,837

&lti,922

t
82,835,293
2,105.337

384,796;

1,146,472

826,370

1,560,031

112,044

300,795

305,529!

880,737

16,608

270,56S|

108,886
25,398

842,980

58,293

97,811

13,609

69,244
127,603

11,541,112

63,514.755

14,740.975

60.165.168

15,362.682

85,444,272

7,458,333

33.571.102

8,328.797

42.277.530

4,662,626

27.830,403

10,057,833' 46,837,355

meal*
Barley

11,319,418

1

.

Total
Tlsiona

»

t

New

the considerable movement that has already taken place

direction,

1

5 per

York, we still find gold Wh't & floar
Corn meal.
withdrawn from London for shipment to this side. To be Rye &
sure, as the week closes, rates have been marked up.
But Oats & oatper cent

October.

this

With

the week.

1882.

188S.

1

pro-

and
18.099,445
breadstn^
* Oatmeal not stated In
..

87,085,858

23.069.772; 102,448.707

20,025.308 112,774,677

during past months has been so small as
1882.
probably to leave us in debt on the general account, while
These results do not afford a very favorable promise for the
even in November it does not promise to be large, judging month's total, and yet the cotton shipments for the same
from the New York weekly statements. Besides, the con- month show a considerable increase. There is a loss in values
ditions noted above as to interest rates, would, if free to compared with 1 883 in the two items given of over four miltrade balance

act, lead

us to take something besides

money in payment,
such limited request here that, when it
earns less than it did before.
For this reason

money being
arrives, it

in

'

lion dollars.

very

fair,

month

most bankers incline to the belief that the gold movement 1882.
o America has about ended for the present.
export

The wheat shipments are, however,

in

amount

being one million bushels more than in the same

but about two million bushels

last year,

We

have

figures for

less

than in

week received from India the wheat
August, being one month later than we

this

—
KOTumin
show a
enough

i

:

apparently not being high

1

13,(i7l,007

against

1881,

cwt.

siiipments would favor

in

This

1883.

the opinion that,

638

receivers of the Reading will probably defeat

and

lu payment,

has also been rep orted that the stockholders of th«
company would be asked to accept a smaller rental for the
it

present.
It has so long been evident that the Heading
could not provide the funds for this dividend that the
announcement of a possible default had very little effect

demand on America for wheat might become upon the stock.
Louisville dt Nashville, as already stated, manifested
more urgent than it now is. l?ut the influence (that is, low
alues.) which is checking India's movement docs not seem considerable weakness early in the week, mainly under the
rumor that a receiver would be soon appointed, which
lo act with the same force on other producing countries,
amount
of
report
of
wheat
latest
officials
appear
fron;
the
of the road subsequently denied.
would
as
Probably, howafloat for Europe, the total being now only 1,400,000 ever, the continued loss in the company's earnings was the
bushels less than at the same time in 1883, which is so basis of the attack.
The earnings for the month of
small a loss as not to give promise of any speedy recovery October, given on another page, show a falling off of
in price.
$210,095, and the return just to hand for the first
Foreign exchange, as already stated, lias grown firmer week of November shows a loss in that period of $01,865towards the close of the week, being marked up to $4 81 for Were it not that the decline in earnings lias been going
The reason for this on for some time, it might be supposetl that the present
long and $4 8") for short, yesterday.
advance

said to bo mainly on account of

is

of the banks

the part of several

in

an inquiry on

loss

was

until

measure the

in large

make ment, which

this city to

investments in long sterling, intending to hold

result of the election excite-

interfered with business in

sections

all

of

But more substantial grounds for the
became short, by which operation they would realize about falling off are found in the
depressed condition
S per cent per annum interest, and, if there should be a of all manufacturing and industrial interests, and also
further advance in the Bank of England minimum, probably in. the fact that earnings last year were exceptionally large.
Another inquiry came, it is said, As regards the latter point, we may say the loss for Octothey would make more.
from a few foreign bankers remitting balances to the ber occurs after a gain of $288,533 in 1883 in other
other side, finding more profitable employment there for words, the gain of last year was not entirely wiped out
The future course of the market is quite but for the first week of November the loss of $61,000 comtheir money.
it

it

country.

the

;

cerned,

So

forecast.

to

diflRcult

we have a

far

our products are con-

as

large surplus

At

for export.

present

pares with a gain of only $.31,000

important circumstance,

in

A

1883.

more

however, than the showing of

A

Should they continue so (and there gross earnings is the showing of net earnings.
loss in
no immediate prospect of a change) we are inclined to earnings may bo wholly or in part offset by a reduction in
This week expenses, and thus net earnings are the true guide to a
believe that the movement will begin again.
our imports are small.

is

we have
market

by cable
London of two

the purchase

of

reports

in

lots,

open

in the

one X70,000 and another

company's current income.
the Louisville

k

We

have

this

week obtained

Nashville statement of expenses

the

for

—

£60,000 gold from Holland probably Dutch guilders
month of September, and find that whereas the loss in
for shipment to New York, and also of about $1,000,000 gross earnings in that month had been $188,813, in net it
So far as is only .$93,061, the company having succeeded in cutting
in French gold in transit from the Continent.
Bank of expenses down §95,752. The loss in net earnings for the
lias
taken
from
the
been
reported, no bullion

England for America.
month is not very heavy, either, when we consider that
Of the special influences affecting adversely AVall Street in 1883 there liadbeen again of as much as$123,176. The
values early in the week, besides those already men. following shows the gross and net earnings for the last four

i

[

continu(>s to

later on, the

'

'

still

draw out the crop freely. The total wheat
to August 31 are stated at 7,817,787

to

decline in India

I

'

prices

present

(loclino,

in

The movement

reported.

exports from April
cwt.

THE CHRONICLE.

10, 1884.J

have before

;

tioned,

may be

earnings

stated the

report of the large decrease in

Chicago

the

of

&

which was quickly denied,
dends would bo reduced; Louisville k
also
broken down on Monday by
report that the road would be placed
the

'

rumor,

that

the

divi-

was
an unfounded
in the hands
heavily on the
of a
Pacific fell
receiver; Central
announcement that connection had been made between
the Oregon Short Line and the Oregon Kailway & Navigation at Huntington, thus giving the Union Pacific an
independent Pacific

outlet.

The fall

Nashville

in these properties tem-

porarily aided the efforts to keep the market unsettled, but
after

Wednesday

Pacific

the

recovery

was

then l>ecame prominent as a

general.
leader,

reduction of
of

more

future,
its

particularly

floating

trust

debt.

issue

f

denied by President Adams,

collateral

September and the nine months ended Sept.

in

30.

A

in

who

relation

to

its

the

report that a second

was

said that the policy of

devoting net earnings to the payment of

LocisviLLE

&

Nashville.

1884.

1883.

1S82.

1.145,3«e

t
1,334,170
7«S,4S7

»
1.114,513
606.94;

e51,S6«
568,803

S70,742

447.!!«6l

3SS.T63

6,228,65l|

10,083,465
6,077.984

9.343,080
5,8SS,7»'

S, 123,410
5,164,898

8.630.377

4,008.1811

8,489,364!

a,Ky;.51«

,*^eptembei\

Gross earnings
Operating cxpenty

Net earnings
Jim.

087,685

r

477,6811

1881.
*

1 to Sfpt. SO.
I

Gross earnlflgs
OperaliDK expenses

Net earnings

'

]

'

9,879,028

Thus, as in October, the gross earnings decreased less
this

year than they increased

last year,

and both gross and

net are larger than in any previous September, with the

Union exception of 1883. It will be noticed that the same remark also holds good with regard to the exhibit for the

bonds was contemplated

1

—

this stock

being influenced by favorable statements regarding
financial

years

Northwest, coupled with

the floating

nine months, the net, though $357,804 below 1883, being
yet $101,013 above 1882, and $692,865 above

bearing upon the future, though business
vive, it

at

1881.

may

fail

As
to re-

should not be forgotten that the World's Exposition

New

Orleans opens next month, and that this

pected to prove of very material advantage to

all

is .ex-

Southern

would be continued. The rise in this stock roads.
Money continues a drug at this centre and this week's
by the practical extension of the Oregon
lort Line to the Pacific, thus enabling this hitherto almost bankers' balances have been difficult to lend at 1 per cent.
unproductive piece of property to contribute something to The banks show a larger amount of cash and surplus
the revenues of the Union Pacific.
The transfer books of reserve than ever before reported, and from present indi-

obligations

was

also aided

the Central
quarterly

New

and surplus will continue to accumulate.
report a very limited demand from
The
Western
papera
the

Jersey were this week closed for the

dividend,

but the opposition of one of

cations both cash

"

—

.

1

THE CHRONICLE.

534

XXXIX.

[Vol.

J

in many cases a return of work, and the crop movement was fully under way, rail^
and the domestic exchanges on road receipts all over the country would reflect the change
New York at leading cities reflect a tendency in the in larger totals. Now that the majority of the reportBl
The following statement, made show heavy losses, the inquiry arises, what makes ear.iingBi
direction of this centre.

money and

the interior for

iunds previously sent out

up from

;

(

by

returns collected

receipts 'and shipments of gold

York

week's

exhibits the

us,

and currency by the

New

Starting with

the

returns for

cannot be said that the

banks.

WUk

so small ?

BluMnj Nov.

RecMved bv
X.T. Banks.

14, 1884.

(3,114.000

1550.000
•830,000

fialn .12,5(11.000

18,114,000

»l,380,0O0

Gain..tl,7:M,0(0

f}^li]

Total KOld and letml tenders

NetlnUriOT
Movement,

Shipped bv

X.T. Banks.

Loss...

830,000

$825,000 of this was trnnsTerred In the sliape of sliver certificates
by a deposit of gold in the Sub-Treasury.

The above shows

the actual changes in the bank holdings

of gold and currency caused by

this

movement

to

ago,

and with

certainly;

it

movement
grain

at

West

in

that of course was an unfavorable

these

but taking the

;

was
the

the

aggregate

the

large,

weeks

of

receipts

roads,

all

of

November

ending

bushels, against only

the

kinds of

all

primary markets

leading

eight
five

and from been
38,350,447

In addition to that movement, the banks

the interior.

October,

chargeable to a small!

is

movement of cereals and staples, as was the case int
some previous months. Most assuredly the movement of
grain over some roads was smaller this year than a year
feature

*

loss

of

the

having,

1

33,854,435 bushels

Of cotton, too, the
have gained $500,000 ihrough the operations of the marketing, which in 1883 had been quite rapid, was still
Sub-Treasury and $1,500,000 more by imports of gold. more free in the present year, the receipts at the ports
for
Adding these items to the above, we have the following, the month having been 1,072,532 bales, against 1,036,067
which should indicate the total gain to the New York bales in 1883 so that there was no drawback to largo
Clearing House banks of gold and currency for the earnings in the movement of this
in the corresiJonding period

of 1883.

;

staple except so far as

week covered by

bank statement

the

be

to

issued to-

day.

the sources of receipts changed, which they did, in some

few instances.

Week EndUiQ Xoi:

14

Banlu' Interior Movement, as above
eiib-Treas. operallons & gold impt .
Total eold and

leffal

Out of Banks Xet Channe

Into Batiks.

1884.

«3.1I4.000

Ciiin. n,'i34 COO

$1,380,000

Gain.

2,OUO,O0l)

tenders

in

Bank Boldintt

(1,380,000

t5, 114,000

The

chief reason for the diminished earnings

Tliip,

as

well

is

2,0OO.Oi«

G:iln. (3,731.000

is

undoubt-

edly to be found in the prevailing industrial depression.

known, operates to decrease the volume

freight in numberless ways, forces an

of

acceptance of lower

rates, and causes a falling off in passenger travel.
Tlie
England return for the week shows a gain
truth is, the depression has been growing worse ever since
of £21,000 bullion. This represents £11 6, 000 drawn from
the May panic.
Up to that time, the volume of business
The Bank of France
the interior and £95,000 sent abroad.
had not been so much affected as the margin of profitlost 10,500,000 francs gold, possibly to Greece, and gained
Manufacturers were keeping production up to pretty nearly
500,000 francs silver. The Bank of Germany since ihe last
full limits, contenting themselves meanwhile with small
report shows an increase of .3, -120. 000 marks.
The followprofits in the expectation that a revival in business, and a
ing indicates the amount of bullion in the principal
consequent increase in consumption, might come at any
European banks this w^ek and at the corresponding date
moment. The panic, however, effectually destroyeJ all
last year.
hope of an early improvement, and manufacturers, merch
Kocember 13, 1884.
jVofewdcr 15, 18h3.
ants, middlemen, shippers and producers alike, reduced

The Bank

of

Gold.

Oold.

Silver.

Sllter.

their

Bank of England
Bank of France
Bank of Germany

19319,209

The Assay

adverse influence

22,083,188

11,659,.5S2 41,131,572 38,317,205 40,431.159

0,840,000 £0,520,000

. .

Total tills week
Total previous week

6,923,750 20,771.250

(37,918.791 61,651,572 67,321,141 61,202,409
.

"•' =
75,275'61,
o8,I-'
502,697 07,362.851 61,142.8 ?8

OfBce

paid

$133,616 through

the Sub-

Treasury for domestic bullion, and $2,365,756 for foreign
bulhon during the week, and the Assistant Treasurer
received the following from the Custom House.
Consisting

of—
'

Date.

IHtlies.
17.

,Sf.

Notes.

mov.

$5,000

" 12.
" 13.

$133,043 33
i:30,4S3 60
361,010 00
395,125 91
461.380 .S7
319.5(i9 50

Total.

S!,957,213 33

$18.00(.

'•

"

"

7.
8.
10.
11.

3.fK)0

7,000
8,000
17,000
8,000

$34,000
97,000
123,000
103,000
136,000
174,000

Qold

Biher Oer-

Cerllfte's.

liflcates.

$11,000
20.000
08,000
1 O.OOO
141,000
52,000

$727,00i' $101,000

$9a,><>

110,00(

163.00
125,000
101,001
110,00(1

$777,000

mileage in

WHAT MAKES RAILROAD EARNINGS SMALL
earnings for October.

we

give our usual review of railroad

It is there

shown that the

exhibit

all

is

course the large amount of

of

The

effect of this

frequent reductions of rates and

between the
introduction

of a

is

seen

iii

the

incessant warfare

the

The present passenger war between

lines.

Chicago

the trunk lines to

new

the country, with which the old

sections of

mileage has to contend.

new

the direct outgrowth of

is

competitor, as

th>

our readers know.

During October this passenger war raged with great fierceness and must have operated to cause a falling off in the
passenger earnings of
tion of

all lines

concerned.

the country, however, there

is

In another

also a rate

sec-

war on

passenger business, the linos running between Chicago and
St. Louis and Kansas City having for some time been
engaged in a strife of this kind.
These are the more prominent causes for the unfavorable
exhibits of earnings that are being made.
As showing the
effect upon passenger earnings of the depression in busi-

ness, the

In another column

accordingly, and
retrenchment and
have been the order of the day. Another

operations

restriction

competition of

new

lines,

the reduction of rates,

and general rivalry, no better illustration could be offered
than that of the Grand Trunk of Canada.

This

is

indeed

the only great east-and-west trunk line reporting, and

tunately

we have the

details

which enable us

for-

to state the

month is on the whole quite an unfavorable one, passenger and freight earnings separately. And in this
though there are exceptions to this remark in the case of case at least the loss in passenger receipts, as a result of
a few roads. The figures now coming in for the 1st week the various adverse circumstances at work, has been more
for the

of

November

improvement

when

are of the same general character, and
iu results^

is

apparent.

farmers had finished their usual

little

important than the

loss in

freight receipts.

Whether

Many supposed that same is true for the American trunk hues we
summer and autumn pared to say, since we have no returns from

the

are not pre-

them.

The

I

'

1

NOTCMBKR

.

THE CHRONICLK

1«. Ii'84.

following shows tho loss on passengers and freight, respec
tivelj', by tho Orand Trunk (as compared with the cor-

responding periods of \SS3) during each of the

four

last

The ordinary current

possible.

temporarily checked.

of

asaumo

It will

demand was
its

tions again as soon as the election question

by

increased

weeks.

635

wliatever

thus.

natural proporis

fully settled,

amount the demand has

1.iecn

delayed.
Lott.

Week

endiitff

On
"

Then

—
Freight.

$864

a^'.o'.o

49.778
i|II44.797

911.658

$l8i!,4^5

25

ai.'ji.i

NoTembori

of grain, thiH has been larger

much

f.u.Ma
CO,2»7

this

time

not so

wo have had

—wheat— and what

passenger receipts, so that

is

the

usually twice
dilTerence

that

in

of

the

the ratio of

up to

Besides,

the benefit of only one of the cereals

done for some of the North-

this has

western roads, where the movement has been most pronounced, is shown on a subsequent page in our regular

Out of a loss of $186,455 for the four weeks, no less
Soon we
than $14 1,797 was on account of passenger business, and article on earnings.
only $41,G58 on account of freight business, and yet the the large yield of com, and
aggregate of freight receipts

larger as tho increased

surplus of this year's crops would warrant.

4.m;8
25.307
10.519

31.17 J

movement

than last year, but

»2T,IH«

18

Total

On

PatMengei-t.

as to the

Total.

traffic in
it

this cereal affects railroad

than any other.

greater degree

increase the traffic

shall also get tho benefit of

Not only

of the roads directly in the corn

will
belt,,

even greater than these figures indicate.
but all lines carrying to the seaboard for export will also
As an illustration of the way contraction and depression share in the movement. Altogether the prospects for
in business are affecting the earnings of some roads of minor future months arc, we should say, far from discouraging.
importance, wo may take the Flint & Pere Marcjuette as a
It is perhaps an extreme case, but will answer tho
tvpe.
TAX REPEAL, IlELPh
loss is

THE

HOW BANK

purpose.

The

k

Flint

Pere Marquette

is

AORICULTURAL DISTRICTS.

a Michigan road,

and may be briefly described as connecting Lake MichThrough the kindness of the Comptroller of the Curigan and Lake Huron with Lake Erie, being besides rency, we have this week received our usual compilation
provided with a number of branch lines the better to containing the details of the National Bank returns under
Its business consists
drain tho territory traversed by it.
Bythe last call, and give them on a subsequent page.
chi.fiy of the transportation of lumber, logs, and other
these figures in the form we have adopted, sevarranging

forest products, nearly 62 per cent of its total tonnage in

facts become apparent, interest in which is by no
means confined to banks. "We have, however, space only
LTnder the increased demand for all kinds of timber, to notice one of them to-day.
induced by the growth and expansion of the country, the
The feature which most attracts attention in these
road gradually increased its earnings from year to year, returns is the marvelous growth of the national system
till in
October, 1883, it reported gross for the month of which is even now in progress.
This development l>egan
But
$257,779, against only $161,140 in October, 1880.
three to four years prior to that date showing

1883 having

composed of

been

this

eral

kind of freight.

in 1880, the

note the change that has taken place

now

as a

direct

a retrograde movement. Thus in 1876 the March report to
manufacturing industries.
the Comptroller covered 2,076 banks with 504.^^ million
Under the diminution in the demand for timber, and dollars capital, while the report for September 1, 1879,
the reduction of the cut of logs, the October earnings of gave only 2,045 banks with 455 million dollars capital.
the Flint & Pere Marquette for 1884 only reach $186,944- But March 1, 1880, seems to mark the turning point, the
Thus $70,8,'?5 of the $96,639 gain compared with three number of banks then being 2,046, or an increase of one,
result of the depression in

all

years ago has been knocked

off.
though the capital was still only 454 millions, or one milmight multiply instances of this kind, but enough lion dollars less than in September, 1879. To indicate thehas been said to show, we think, that apart altogether yearly progress since 1880 we have prepared the following
from any special circumstances those appertaining to summary.
The detailed report for September 30,
the crops for instance, and the small movement of 1884, will be found this week on page 551, where the
corn there is one general circumstance of depression names of the States covered by each of the divisions is.
which has extended all over the country, influencing given.
[To the ftgurea for e pUal in ihit table add 00,000.1
local industries
indeed, but only because they form
It should be
part of the general industrial fabric.
Dfc.31,'80 Itec. 31. 8lJ Dec. !)0.'h2 Uec. a. 'S3 .Sfpr.30.'84

We

—

—

said that the loss on
to passengers

and

the

Flint

freight

&

Pere Marquette extends

c
Divisions.

strongest possible

alike, the

•<5

evidence of an unsatisfactory state of business, for in this

country where we travel so much, economy in that direction

is

only practiced

The evidence hero

when

*

(1)

New England

forced by absolute necessity.

(2)

Eastern Middle

same kind

(3)

South-rn Middle..

our bank exchanges

(4)

8 uthern

afforded however

as that afforded by the diminution

on another page, where the falling

in

is

of

off in

tho

the clearings as

1:

..

(D Western Middle...

1
t

1

1

s.

i

6

.J
.s

3

1

6

1
1

6

t

1

550 166-6

6S8 I66-O'

060 166-2

5C6 167-8

668 167fr

601 154-4'!

613 155-a!

631 156-1

650 158-8

670 166-9-

00

ai-0!

04

21 -S!

09

22-2

104

2S-8

110 83-1

146

261i

153

27-oi

na

20-7

214

88-6

233

37-a

B15

68-4;

631

71-8

650 79-5

693 880

614

911

154

17-»j

172

18-81

22i

818

871

SO-T

231

307

compared with other years has for some time been one of
6-»
3-7
84
89
15
to
42
4-e
14
3'8|
O) Pacldc
the most marked features of the period.
6-»
3-9
4-7
69
52
SO
2-6,
26
(8) Other Western....
But what happened in October and what is happening
2,005 458-5 .>,1»4 486-!!' i.aos 181-9 2.520 511-8 2,664 52T3
Total all
now is no sufficient guide to what may happen during 12^ For tho names of the States covered by each of tlie above dlvlscoming months. So far as general business is concerned, the ious see Chronicle of this week, page 531
When we remember the industrial depression which has
last six weeks cannot be taken as indicative of the future.
There has been a special cause, tho election excitement, existed during the last three years and the special torpor
which has had this year a peculiarly unfavorable effect on which has prevailed since tho panic of last May, the above
our industries, the interest in the result being very figures are truly surprising. Even since tho report of
absorbing.
Merchants have everywhere delayed making March 7, 1884, tho increase in number of banks has been
purchases or kept them withm the narrowest limits, and 101 and in capital $8,500,000; or comparing the latest
individuals even have put off buying wherever it was returns above with those for December 30, 1880, thejjnum-

1

,

THE CHRONICLE.

636

ber has increased 569, or over 27 per cent, and the capital

Had

$65,800,000, or nearly 15 per cent.

time been prosperous,

this

all

expansion
contracted,

The

;

we should have expected

but when industrial transactions are greatly

growth

chief

connection

business during

fact,

in

banking

not anticipated.

facilities is

however, which

of

is

interest in this

that this expansion has been almost wholly

is,

and Southern agricultural sections where
That circumstance is,
there were but few banks before.
we repeat, the most important of all connected with this
growth, and one which it becomes the legislator to keep
namely, that it is not in cities where capital
well in mind
usually accumulates, but throughout the country districts,
that these new institutions have sprung up. This is obvious
even from the above table, for it is there seen that in the
New England and Middle States there has scarcely been
any increase since 18S0. But the truth is brought out
more clearly by the following, which shows the number and
capital of banks in the chief Northern cities at the same
in the "Western

—

dates

of one-fourth of their capital.

required to keep an

and

capital,

one-third of their

to

than thirty thousand dollars.
This section of the law of 1882 (as bonds had risen to
so high a price that there was little profit on circulation)
less

together with the three per cent bonds authorized by the

same

act (which gave the opportunity of securing a bond
par for banking business) undoubtedly helped at that
time to remove the restriction on the growth of banking
at

that is to say, these provisions gave the opportunand even promise of a fair return for such investnients.
But with the rise in the market value of the three per

capital

;

ity

and subsequently the speedy redemption of them
obtained was taken away and
nothing but the removal of the taxes on capital and
deposits has permitted, and is permitting, this rapid
growth now.
cents

the advantage thus

all

How

long will

take our people to learn that undue

.it

burdens on capital harm

away

least of

the capitalist

?

If

the profit from any business in

any

all

country or State the capitalist deserts

add OO.OOO.l

XX5IX.

Before that date they were

amount equal

no case

in

legislation takes
\To Ihe figures for capital in this table

[Vol.

it,

readily finding

employment for his money elsewhere. But make
capital free to go where it will, and it goes where it is
most needed. Congress took oS the tax from both the deposits and capital of the banks, and our agricultural districts
which were suffering for want of these tools of commerce,
got them.
If it will now modify or repeal the tax on
circulation the same sections will secure still more.
safe

Dec. SI,

'80.

Dct. 31,

'81.

Dec. 30,

«(*».

1

i

1
(1)

'82.

Bee.

1

Sept. 30, '84.

1

•5.

i

1

Jl, '8 J.

1

1

Boston

&4

teo'S

68

tiO-4

53

I50-4

64

I80-9

6
54

t50-9

(8)

New York..

47

50-6

49

61-4

48

60-4

47

49-9

44

46-3

(8)

Phlladelp'a.

32

174

88

17-4

32

17-4

33

17-8

33

181

(8)

Baltimore..

15

10-9

16

11-2

17

11-5

17

11-7

17

11-7

(6)

Cincinnati..

7

51

10

6-6

12

8-3

13

91

12

88

(5)

Chicago

9

43

9

4-3

10

6-7

11

100

12

100

2-6

6

(6)i6t.

5

Louis..

Total

tl41-4 Il74

169

The foregoing

tells

2-9

6

»144-2

177

2-9

6

tl470

181

September

while on

6

32

178

IH9 4

30,

50^

millions capi-

1884, there were

still

54

banks, and no more, with just $400,000 additional capital;

m

OCTOBER, AND
TO OCTOBER 31.

RAILROAD EARNINGS

FROM JANUARY

1

"

Railroad earnings continue on the

us that there were on December 3 1

1880, in Boston, 54 national banks, with
tal,

32
* 152-8

the exhibit for the
orable than

its

month

downward

of October

predecessors.

The

is

course,

and

even more unfav-

decrease, as

compared

with the corresponding period a year ago, reaches nearly

in New York, at the former date, there were 47 national 1-J million dollars, and the roads reporting losses outnumbanks with $50,600,000 capital, and now there are only 44 ber two to one those reporting gams. In fact, the gains
national banks with $46,300,000 capital
a loss in number are interspersed very sparingly among numerous losses
of three banks and in capital of $4,300,000.
Or, taking all and where they do occur they are, with a few prominent

—

these nine cities together, there have been, since December,

exceptions, very trifling in amount.
jVs relieving to

1880, only nine additional national banks organized, with

some extent the unfavorable character

may be

as in

September, that the

8 millions additional capital, while in the whole country

of this exhibit,

there have been, as

present falling pff comes after heavy cumulative gains

already stated,

an increase of 569

banks in number, and of $65,800,000 in capital.
"We emphasize this feature, because the late growth
which has been in progress has been secured under the
adverse circumstance of business depression, and is a result
wholly of new legislation, and legislation which a large
number of "Western and Southern members of Congress

opposed because, as they

said, its object

it

said,

(taking the roads as a whole)
like

September, having

terruptedly favorable

movement

in

till

in

previous years, October,

the present year

showing ever

earnings began.

made an uninthe upward

since

Thus, while the loss this

year on the sixty-seven rbads reporting was, as already stated,

\^ million dollars, on 60 roads reporting in 1883 there
and tendency was was a gain of nearly 2J million dollars actually $2,850,-

—

seems to us, therefore, a 000. In other words, the present loss is only about half
very suitable time— just before Congress meets again to the gain of a year ago. Taking the ratio of change, th©
bring forward the evidence that what these changes in the decrease this year is 6 per cent, after an increase of 1
to serve "Wall Street interests.

It

—

banking law did was simply

to

induce capital to go into

the country districts of the South and of the "West, where
it was greatly needed.
Thus, at a time of singular indus-

per cent in 1SS3, and in support of the statement that
gains had been continuous
past

we may

in

(

October

say that the increase of

1 1

for several

years

per cent in 1883^

the country is being put into condition for was on top of an increase of 16 per cent in 1882, 11 per
work which is sure to come soon.
cent in 1881, 17 per cent in 1880, and 25 per cent in 1879
The new legislation which we refer to as producing tliis
the improvement being in part of course based on an
growth is mainly the Act of March, 1883, which repealed increase in mileage. Still, whether the decrease now is.
the taxes on bank capital and deposits.
There was other large or small as compared with previous gains, is perhaps
and previous legislation which more especially aided the of little significance. The main point is that earnings at
movement during the earlier years, but which has also to present are far from satisfactory, and that in the extent of
some extent been an influence all along. "We mean the the losses shown they have grown worse rather than
law of July 12, 1882, which provided that banks of better. The following is our usual table, presenting the
trial inactivity,

the active

—

$150,000 or

less

capital

need not thereafter keep on

deposit with the Treasurer, United States bonds in excess

figures of each road,

ing to which

it

and giving also the mileage, accord-

appears that the roads reporting this yaar

—

......

November

,

THE CHRONICLE

15, 1864.]

637

operated 1,855 miles more }f road than in 1883, ah increaBe

does not show a

loss,

of about

— $7,872.

this

per cent.

4

OBOM

BAB!(n(GS

AND MILBAOB

tn OCTODBB.

of Itoad.

1884.

1883.

S
Bost. Ilooa Tun.ilfe W.
-Burl.< cd. Kup. * Ni
t'ttmidluii Facltto
('put

fowa

Till

L'-mtral I'lldtto
C'lu's;i|uako ii Ohio,.

•.i.Ml.Srt'-

EUz.l^.t.A Bli;Snn.

&

«

751,000
1 54.03 i
2.152.000
Uti.'lOO

CltlcnKotb Alton
Chic. A: lOujitwn III...

134.103
8S1.:3'
155.111

Chlc.Mihv.&St.PiUi!

•.'.5.ii).00o

CUlcati) A N.>rthwe8t
OUIc. Ht P.Mliiii.
Chic. AW««tMlcli....
CIn. Iiul. St. L. &(;h..

•.;,t5!>.«00
<j.'5,20i)

CllOD. Olilo

So. \V...

AO

N.O.

Clii.

ft

Tex. fav.

AlalKuiin Ut. t$outh.
N. 0. A North Kast.
Vk'lirtl). &;

& Pay..
Bait ...
Cleve. Akioii & Col
Denv. A Kio Oramlo.
.

Denv. & Rio Or. Wiat

Des

Mollies

Ft.

<t

Detroit Lans'K

!»..

& No

.

Evaiiav. & T. H.iute.
Flint A Fere Marq...
Fla. Ky & Nav. Co...
Ft. Worth & Denver..
fOrantl Trunk of Can.
Gr. Bay Win. * St. I'.
Gulf Col. A Santa Ke.
IU.Ceut.(Ill.&8o.l>iv.)

MUw.

& West..
Milwaukee & North..
Mobile A Ohio
Norfolk A Western...
Northern PhcIUc.
Ohio Central

.."..

-2.829

—4.177
-125,901
-26.671

1.317

— 2.71J

368
143

308

-42.561

260

+ 1,402

140
301
498

200
140
347
480

—70.835
-10.039
—3.065
-180.455
—10.989
—55,593
—159,047
—33,542
-10,823

1.13,<.163

210.812
270.917
214,584

-biilh
—210.995
—04,131
-9,72 1

107,590
41,513
109.514

127.275
112,524
4S.100
250.271
297,027
89.374
l,S97.S2i
118, 19?
37,199
00,227
429,334
98.205
80.247
42,501
176.167
44.00 ti
75.S72

H4,479

14 1.40-

75,577
50.192

82.016

102,80i)

50,995
213.207
2113,298
73,3.57
1.41)1,370

00,820
12J,179
9'i.753

98.019

-OiO

+ 2,8i*»
-43,061
-33,729
-15,517

100,481
1.008,389
157,351
100,250

.

110

no

2,773

225
531

1,526

1.500

402
684
389
220
35 J

402
034
389
200
352

2,063

2,005

135
374
221
528
502
240

100
320

2,453

212

+9,011

128
254
774
303
294
313
353

+ .593
—655
-1,152

+ 11,772
+ 23,4-9
—8,571
—2,493

+ 34,I4j
-0.92^

— (i.409
+11,914

+ 13^,99

+ 3,562
+ 91,508
+ 11,057
+ 13,253
+ 5.3,59

143

225
531

,997

1

144
1,305

2.918

+ 04,118

-2

35,5 4?
301.051
102,919
916.881
140.294
80.997
19.211
95.751

4:i4.0.'.O

.

. .

-19,'P44

1,.501.465

.

Paul A Duluth....
Paul Minn. A Man.
South Carolina
•Texas A St. Loni.s
Tol.Aun A.A N. Mich.
"Wiscousin Central ..

-9.8JJ

+ 19,278

43,005
1,603.5(2
40,112
203,430

OC.OftO

8t.

— 2.',330

89,52.1

86,370

..

et.

410
342
330
236
110
141
73
231

+ 07,000

A With.

A San Fran

413
242
330
290
190
141
170
281
144

208.«tl9

A Pittsh...
Bt.L. A.AT.H.m.linc..
Louis Ft.S.

4.012
3,735
1,225

1,293,470
03,141

Roclie.^ter

Bt. Lonifl

4.804
3.817
1,297

+ 7,872

+ 0,24S

West. No. Carolina.

St.

502
139
398
817
251

12,435
64.935
27.445
189,296
49,008
652,332
114,821
37,571
160,780
44.891
257,779

OhIoSiiitthern

do (hranches)

3.003

50 i
139
398
847
251

141.00.'
87.2, )0

Peoria DocAEvansy.
Bich. A D-inviUe
Char. Col. A Antr
Colimibia A Gr'v...

Do

2.803

112..5C3

90.201
46,2 lO

Georgia Pacitlc
Virpmia Midland.

-341,091
-115,917

-331,39J
—49.104
-10.035
-9.P0 4

200.333

147,24t>

L. Sh.

Shenandoah Valley.

,500

8i',')4l

2i0,lll

Long

Island
Louisville & Nashv...
Marq. IIoukU. & On.

600

109,731

177,30(1

.

+ 23,102

249,.'^07

44. -Ol
52B.371
88,150
34,859
127,219
46.293
180,944
7»,484
40,000
1,477,137
29.123
207,843
1,023,821

(Iowa lines)..
lud. Bloom. A West.
'Kan. C. Ft. 8. & Gull'
Kontnclsy Central

1,931

+ 10,120

671.361
142,131

4H,773
170.252

Do

88
713

2.794

— I.19K

I5.021
2,531, 12-i
2.79J,ys-2

55,li;i

Viek.sb. sh.

8<
780

+ 132,000

240.' 03
2 3 7, .503

McrMlui

Cm. Wash. &

-1,781

-13,851
-12,880

1

r.;ii.o9:i

1883.

9

+ 10,700

U

light earning'

less

than wonderful.

The

gains have

its

increase in 1883

Jtileoffe.

In^t4{U6 or*
1881.
Decrease.

31,186
192,179
619,000
130,841
2,490,091
375, '<15
70,635
8,254
901.619

4(^,188
l,i3,3lU

but on the contrary has * small gain

company did not havo

but decidedly the reverse; indeed,

been nothing

OrsM Barninji.

Namt

in 1883,

Yet

181

528
502
240
2 305
212
12-.

254
774
337
29 4
288
3

2O0
291

-.3

loe
29 4
195

195
138
182
770
225

100
740
208

1,387

1,321

246

240
735

l-'8

73.^

was $280,153, which was in addition to $059,922 in 1882,
and $97,432 in 1881, so that the present total of $2,539,000
compares with only $1,493,021 in 1880, and the St. Paul
consequently has larger earnings

which has not been the case

than

the

Nortliwest

other years, though

in

it

has

about 1,000 miles more of road.
This difference in results between these two leading
Northwestern systems brings up again the question, why
may one do so well while the other does so poorly? The

answer must bo the same as that previously given. In
the first place, the Northwest has a line into the Northern
peninsular of Michigan while the St. Paul has not. The
company's officials tell us, as heretofore stated, that not
only has the mineral traffic on this division undergone a
diminution in volume, but it has had to be carried at
materially reduced rates.
To this may be added the further explanation that the Northwest is much more largely
than the St. Paul dependent upon the movement of corn,
which this year has been greatly below that of last yearIt

may

be remarked,

besides,

by the competition

there

that

is

a possibility

some of its newer lines the
St. Paul is depriving the Northwest of some of the busiThe two roads certainly
ness formerly possessed by it.
occupy much the same territory, the extension of the St.
Paul to Omaha a couple of years ago having added to their
that

of

similarity of position.

As

regards the

movement

of corn, this

was smaller not

only on the roads to Chicago, but in other sections of the

country as well.

was everywhere

The
large,

movement

wheat,

of

however,

but nowhere so lai^e as in the

The important
the most
advantage from this augmented wheat traffic, and did not
suffer a falling off in corn.
We have already remarked
spring-wheat sections of the Northwest.

point

is

determine which roads

to

derived

that to the Northwest the contraction in the latter cereal
must have been a much more serious circumstance than to

There is also reason to believe that the gain
wheat inured more largely to the benefit of the St.
Total (07 roads).. 23.310,048^ 21,707.794 — 1.457.7 48 45,931 44.070
Paul than to the Northwest, since the St. Paul has so much
* Onl.T three weeks of Oct. In each year.
more
mileage in the wheat belt. The roads lying north
1 For four weeks ended Nov. 1.
; Decrease due to caving In of a tunnel, interrupting traffic nearly
of
the
St. Paul system, however, were even better situated
two weeks.
Next to the generally unfavorable character of the in this respect. There is scarcely any corn in that district,
whole exhibit, the most conspicuous feature of the above and the increase in the nvovement of wheat was very
The increase is of course reflected in the
relates to the roads of the Northwest, which do not at all marked indeed.
make reports of one and the same tenor— some in fact augmented receipts of the cereal at Chicago, but a still
recording improvement on the very heavy totals of a year better criterion of the movement is found in the receipts
the St. Paul.

102
441

in

ago (which was the distinguishing characteristic of these

at

roads at that time), while others return quite largo

the

Chief

among

24,.57o

85,358

the latter

only about half the present

now

is

the Chicago

is

which has a decrease of no
that the gain on this road

— 10.393

less

&

loss,

It is true

year was large, but
or

losses.

Northwestern,

than $334,392.

last

102

441

$192,000.

five

against

total

$2,459,G00, against $2,793,992 in 1883, $2,601,44.5,

only

ing five weeks

and Toledo, the

which

wheat.

will be

seen

that while this

2,280,954
of 1883.

bushels

3,794,938

November

1

this

for
year,

the

correspond,

The importance

that Duluth

bushels

in

latterly assumed as a market for wheat is strikingly
brought out in the fact that its' total in this period has
been exceeded by only two other points, namely Chicago

in 1882, $2,341,097 in 1881, and $2,105,217 in 1880, from
it

up

which foot
weeks
ended

was has

it

The

Duluth,
•

year's earnings are

latter, as all

know, receiving only winter

In no other way than through the heavy movement of
$118,000 larger than in 1831, and $354,000 larger than spring wheat (as reflected in the receipts at Chicago and
in 1880, between which year and the present there has Duluth) can we account for the favorable reports of earnbeen an increase of 1,100 miles in the mileage reporting. ings by the roads in that section of the country. Thus
On the St. Paul & Omaha (an auxiliary system to that of the St. Paul & Duluth after a gain of $17,000 in 1883
smaller than in either of the two years preceding, they are

the Northwest), there

the loss($49,164)

is

is

much

also

a heavy decrease, but here

smaller than the gain ($125,512)

has a further gain of $3,500, notwithstanding the
prevailing depression in business, and its total for the month

now

For the same reason the St.
earnings are larger than those of is the largest in its history.
any other October, last year excepted. In sharp contrast Paul Minneapolis & Manitoba, which heretofore has sufto the exhibit by these roads is that by the St. Paul, which fered large losses of earnings, now has a gain of $91,508|

in 1883, and the total

/

—

'

THE CHUONICLF.

b'6S

and

.

Paul

like the 8t.

&

Dulutlihas a total larger than ever

The Northern Pacific, which has a considerable
before.
mileage in Dakota and Minnesota, reports a gain of $G4,The company oper148, in addition to $568,000 in 1883.
ates only 88 miles more of road than it did a year ago.

which is particularly noteworthy since these roads were
not distinguished for any important gains in 1883. The
Chicago & Eastern Illinois, the Evansville & Terre Haute
and the Peoria Decatur & Evansville are about the only
ones that have any increase, while such roads as the Alton

Pacific reports an increase of $132,000, or
over 20 per cent, tut this is on mileage 863 miles greater
than in 1883. The Central Iowa has added $23,192
The grain and flour
to its gain of $22,377 a year ago.
for October and
Western
port,
movement at each leading

&

the year to date in both 1884 and 1883,

in earnings,

The Canadian

WEEKS ENDED NOVEJIBER

BECEIIT9 roil FIVE

Whent,

Com,

(bbls.)

(bush,)

(ftUJil.)

5,'i4S,803

5,118,440

6,085,412

7,HtS8,8,.9'

4,6611,917

Oat»,
(bush.)

Chicago—
S«i,825

3.113,392

2.43K.II1I5
;;,5Jl,t»t»

17,"i45,7iiB

13,793, 192

01,859
04,826,090 30,381,018
.'>0,93»,85H 31,

Milivaulife—
wits.,

l,n«9,745
875,970

51,310
102,840

7,HM(,«[I4

0')«,790

a,714,l«5

5,973,475

2,000,742

103,2! a

1,-87,S'0
1,251.714
ll,93r,«53
11,784,835

S.'-.T.SOO

r.ai.8.l4
2.117.S.739

l*i4
186J

1,
1,

6K«fi., Oct., !.''«

5

wk-*.. t;ct., lH>i3

IUj,41I)
1.1M1,14S)

riinee Jan. 1, 1SS4
Since Jiui.l. 1SM3

5 w*«.,

1,808,:»1

I8»J
awk'i., Oct.. 1SS3

in,!':3
15.89!)

since
SlnCD Jan. 1, 1SS3
Detroit—
Swks.. Oct., IH.'M

74.14B
U9,1S8

ct.,

.Ian.

Barley,

Rye.

ibiuh.)

(bit-h.)

1,297,868
1,903,372

563,311
808,5-6

4,-^10,l«3

2,-3y,6;!9

6.621,433

4,384,938

1, I8-i4

Ifl.OOi

5ivk'., O..!., ISttj

l«,R-<!9

Since Jan. 1, I.-**!
Since Jan. 1,1*13

103,240
147,537

4

1

1

479,735
829,&33
83i,0.1)
836,610l
14,600,410 5,957,0-9
10,605,498 6,413,280

ni,706

1(1«,9J7

2,207,843

377,7.i9

13,93.t,42ii

6.213.9K1
6,068,617

14,3J2,l)S«

48,388
214,917
1,390,260
1,329,507

2,281,382
1,019,«13
ti,9

159,405
,3011,01)3

0,1543

5,773,723

,0."S,260
.43l,i-52

2,410,346 ;3,6S0,IU1
2,426,334 4,570,r>8S

797,808

28,130

Iv5.37«
!00,i50S

16,211
5,090

5411,559

6,6,237

75,247
50,161
177.209

180,790

41,3

24'i,i:i8

144,6.-)fl

81.6'3
77.301

(=07
4 S3
2,123
3,804

1,223,591

603,730

169.500
08,880
1,008 166
885,313

Since Jan.l, 1881
Since Jan. 1, 1383

1.6,780

M,2311

2,198

217,4-9
122,043

3,1110

57,383

51)0

1,788,825

B.U:i5

44,5ii0

853 4511 1,460,85.'
7»'3,000 ll,eu2,'63

143,000

61.510
132.930

491.13.')

4.38,400

635 8 5

2i5,327

7,91),060

610,c00

873,305

197,910

3,794,9aS

142,00(1
6l4,7.iO

2,2 0,9.14

15,4«

7,782.655
4,731,190

838

38,708

179,643

1.57;

493,000

577,390

5S,090

9,896,600

25,699

Total of nil-

The movement

of wheat has

On

decided increase.

been a

wheat

loss

2,793,613

shows a large and

The augmentation

Duluth and Chicago,

spring wheat, and

reason to believe

and only

it

is

in

the

is

—

We

;

—

but these and the Northwestern roads

rule of decrease extending all through the list.
Michigan roads are very heavy sufferers, the loss in lumber

in ore traffic combining to make results very poor.
The Toledo Ann Arbor & Michigan is the only one among
them that does better than in 1883. Wisconsin roads
likewise sustain a pretty general decrease.
The loss on
the Grand Trunk we have more particularly alluded to in
another article.
In amount of decrease the Central Pa-

and

cific

leads

others in the

all

table,

or nearly 14 per cent, but this

i

having

lost

on 200 miles

•

$344,091,

less of road.

The gain a year ago was only $71,562.

As

had large gains in
In some sp cial
case,", the decrease is because of a diminished mcvement of
cotton, but the more general cause is bu iness depression
The Louisville & Nashville loses $210,995, or 14 percent,
and the Gulf Colorado & Santa Fe $55,593, or 21 per
The influence of the cotton movement is indicated
cent.
regards Southern roads, these

and now have equally large

all

losses.

in the following table of the receipts at the outports.

RKCEUTS OF COTTON AT 80UTIIEKN POUTS IN OCTOnER, AND FROM
J,\N. 1 TO OCTOUEU 31, 13SI4, 1883 AND ISV.J.
Since January/
1833.

as already pointed

of

case

of course entirely

Chicago there

is

wheat.

bales.

indiano) i, &c
New Orleans

Mobile

same kind of wheat,
The distinction it is

important to bear in mind, for a different class of roads

is

FlirWa
Savannah
Brunswick, &c
Charleston
Port Boyul, *o

during the 31 days of Octo-

WlIminKton

ber 8,113 cars of spring wheat were inspected at that point

Morehead

affected.

movement could not

adverse influences arising

in

largely in the

partly in winter

many

The roads running through Kansas like the St, Louis
Francisco and the Port Sco't & Wichita again
make very satisfactory gains, favored by the excellent

Qalreston

out. In the case of Duluth the increase
in

these the grain

other hand, in corn there has

nearly every point.

at

largest at

is

the

881,049
1,|H9,0I'«
748. 76 J
4,4l'2,il3j
6,t.98,0ll3

thus been nearly twice

that of October, 1883, and every port

On

effects of the

& San

1883,

Swks., Oct., 18S4 l,27«.7ni 19.142,361
6,728,084 8,234,41? 3,386,541
5wks., Oct.. 18>b 1,241,204 10,0 <4, 104 10,087,701 7,577,11,60 4, 11,5,1171
5 wks., Oct., 1882 I,3lU,i41 13,i6:i.B,V2 4,9<15.7S7 5.372,397 3,;W5,741
Since Jan. 1, iS-4 7,58ll.Si2 68,24(1.411^ 81,371,563 56.908,91r 10,84-',il6r-.
Since Jan. l,188;i 7,482,347 58.579,17. B9,953,40,t 51,2fl<l,^l)S 1,3,146,197
Since Jan. 1, 1882 6,82 ,5* 62,827.0 ;9 65,700,364 49,450,3 3 9,088,214

of wheat, report losses

out of the stagnation and depression in trade.

0,088

44,74-

4,'33

1.S83

..

040.368
932,351

movement

of them, too, after a falling off in the

general

«l,49.'i

6».ii8l

wks.. Oct.. IH<1

Oc

1,«04,231
J,9o0,149

some

131, (54

468.429
333,008

9-',400

Since Jan. I, 18,84
Since Jan.l, 1883
Oitfuth5wk... Oct.. I8«i
n-»k«..

89,175

lA.liOi

,

.5

410,606
110,118

18,570

gain from the increased

already pointed out, form about the only exceptions to the

Clevelanii—

SwK!., Oct., 1.SS4
5wka., Oct lR-«
Since Jan. 1, 1881
Since Ian. 1, I8!«3
Peoria—
5wks., Oct., 1884

&

Western, the Ohio Central, and the Cleveland Akron &
Columbus, which should all have received more or less

crops in that State

51.182
179.«t4

2«0,H81
959,338

Chic, the Cincinnati

Indiana ]?looraingtou

the

55j,4t4

,'142,520

.'4

&

L.

St,

I,

Baltimore,

5i,l;13
276,:i48

1,817,8110

1,774 271

&

overcome the

1

OC. IWM

Terre Haute, the C,

Washington

previous year.

1

f.01.?S?

81uce Jiin.l, 18^
Slnco Jan. 1. 1S8^

Since Jan.
Since Jan.

subjoined.

1 -tNI) SINCE JXS. 1.

FJonr,

wks., Oct.. ISS4
6»ks., Oct.. 1HH3

5

is

XXXIX.

|[VoL.

find that while

against. 5,575

cars in 1883,

winter wheat

only 1,584

and 4,265 cars in 1882, of
were inspected, against

cars

In spring
1,169 cars in 1883, and 3,075 cars in 1882.
wheat the increase was so pronounced as to overcome any

City,

..

.

Ac

..

. .

West

Point,

Ac

3.051

8307

11,0)4

285,714
45,5S4
1 0,600
206.794
3,712
159,795

2-5,750 191),47J

1,158,303

2,335[

1,

91

12.8,526 121,

H2

2,810
28,766

56,328

5',905| "Hfi-H)

5,603
1,0 4
194,161 187,593
1,80«

750

1,781

29.922

31,aj5

1,857

09,«37

S«.9:)S
753,787
113.9-6
81.713
42l.-«0
6,472
318,277

589,441

18S,943
16,008
520.439
2,510

359,027
19,267

,",774

77,2r1l

3

4,347

11,839

129,4391111,246

297,373
132.489

453,331

2, 2031

48,693

1,0

45,671

,liS6,0fl7'W)2.78;i'

2.48->.?>«l

1,

1883

118.838 142,27i)|

l,07^.53v

T.ital

1«4.

133,298
3,704

121,167

Norfolk

1882.

l:J8,014

3

i>.43r..l«JS

"l'>V17fl'

The movement at New Orleans is deserving of explana
Though the total in the two years does not differ

tion.

on account of business depression
in winter
wheat the increase was really insignificant (referring now
•only to Chicago).
Hence the roads running south and
southwest from Chicago report diminished earnings as a
rule, among them the Chicago & Alton and the Illinois
•Central, the latter having suffered a very heavy contraction on its main line, though there is reason to believe that
the Southern or New Orleans end is in part responsible

much, the sources of receipts have been greatly changed.
The New Orleans & Northeastern and Mississippi N'alley,
winch contributed nothing in 1883, have this year con-

for

against 129,869 bales.

loss of traffic

this,

ton at

;

since the

New

road delivered only 51,131 bales of

cot.

Orleans during the month, against 79,745

Texas

&

Pacific

bales

and 7,038

co'ntributed

bales,

27,009; the Illinois Central 51,131
bales; the

Morgan road 28,943

the Mississippi, Ptcd

respectively; the

63,059 hales, against only
bales, against

79,745

bales, against 49,127;

and Ouachita rivers 103,452

and

bales,

In view of the unfavorable character of the exhibits of
it is not surprising that

earnings for several months past,

bales in 1883,

But Toledo,
wheat markets)

tributed 32,491

Louis, Detroit and Cleveland (mnter the table below covering the first 10 months of the year
show very heavy gains in receipts, and does not present a flattering showing. The losses are
yet the roads in the States of Illinois, Ohio and Indiana
numerous, large in amount, and only partially offset by inthe great winter-wheat belt tributary to the points men- creases. Indeed, the roads having gains of any consequence

tioned

—nearly

St.
all

all

have smaller earnings than a year ago,

comprise simply the Northern

Pacific, the

Rochester

&

—
NOVEMBKK

and the roads

Pittsburg,

Kan

ia

On

as.

Following are
OKU9S

1

ii\R<iixo!t rK'>ii

^plember.
Ojirftllni'i
fffirniftfft.i r.xtitnsrt.

OalvoKlon

A

liar.

San.

An

»
«IH,23I
M7,lll«

IHMJ

ixnoKtix

to 03t >as8

1

I'mnk of Canada—

Oniii'l

31.

cine <Ku

w

STU.SSI

1

t

.;^

l^vv.AHiL'Sanily.
(

.

Ciii'
«

!'

A Ohio

il'cuko

i

1

1

1S,80.-5.50 1
2.B »3.:<02

Ciicilli'

ll

'

2.13'i,8.-)T
4.7-)0.!tiiO
List!.!.-!.'

ll>\Vli

.ll

1

.

riio.iho

li:iii

'

lino

K'.':i.74()

W

,« tt.

Alion

i^'o .t

K.-isrrrn niliioiri.
i-o.Mllw.
81. Paul
.V

,

A

283,32.'
2 im,<ioi

90,059

4.404.(11)2

3l6 9.'i8
110 5J0
311,800
20,218
31,400

<i0:i..')2i

2

7,-.2iS,Ol>l
l.'.'8:j.lK5

7.260.20

32,203

834S4

l.Sliti.dlH

l'*.!U«.Oi)"'

19,121.24

l».42l.48fi

20,Si'4.v'65

4.777.277
l.'Jt!7.:i70

4. •01. 429
1 317,8 5

(Jhin...

2,030.32'.'

2,()9l.lRr>

T«x Pa«.
Gi. SoiiMteni
Orl.-imi A No. K.
Vlckiburi- & Miil.lliiii.

(ill. Iiul. St. 1..
Ciii. .V,^« O1I.&

.v.-

177.244
1,473,479

1

275.848
50.435
63 813

2,137.442

2,127.0'*3

Alaltfiiiia

fcSl.-'K

8.'i3.9flS

Nnv

30,8 i I

34-.617

hl.(,2>
401.C8-I

267,022

97,900

83,083

3s7,-'3ii
lS(>,iH;t

& P.ic

Viikalmrir

Sli
rill. iViiSli. Jt Haltimoro.
Clini". Akron .t «'ol. ...

IDcMiviirA KioOraiicid..

DCS

.Mollies

Fr.l)o<li<«.

.V;

Detroit Lini«in!,'(& No..
KviiiHV. A T. Haute
Flint

Munim-tte.
Suv. Co..

iV Pi'ii!

Gulf Col.

Santa

ct

Do

4 '.616

768,211

S0>,312
14.317.42'

Ft*..

Cunt. (Ii!, line.tSo.D)

111.

418.872
5,77.-..8.'>3

1,^0,8

14.761

."ittl.S.l

2i.475

32ti,firi4

1.4(iI,2f).T

1,«91,99.'
8,s9-,4.il

8.'.;3-.0N7
l.JiK) 34S

[ndiaim Bloom.

2,22 7.!) BO

Kan.

1,661,12
2,488,748

l.SOrt.S^

1,.'>34,179

763..i24
2,113.1 Hi
Il,17.'.4»s

2,3'i6.743

f[a. iBjised lineal

Js West..
Citr Ft. S. & Gulf.
Kiiitiicky Ciutial
Luuj^ iHlaiKl
Louisville .fe NiisUville..
Main. Houtjlitoii it Out..

A

Milw. L.Sliore

&

Milwaukee

77l>.!)-0

We-st'ii

Nurtlicrii.

Mobile A Ohio
Norfolk A Western
eiieiiandoali Valley

..

Nortlieni Pacillc

Ohio Central
Ohio Southern

l,tiH6.3S7
2,274,-^62

708.4«4

10,738..i.=io

8,01<i,i.44

»22..5.2

906.868
296,227
596.613
3,146.808

«:i9,H3w
3,1 t.i,738

Rochester A PittsiiuiK
BcI^A.AT.H.iuain line..

gs.'j..^- 8
1,101,SG2

.

Do

do

(branehes).

A

A
A

A
South Carolina
Tol. Ann Arb. A K.

602,169

61.08H
81.406
6t?,933

l,057,4i.s

Wisconsin Central*

498,976

456,592

683.338
208, IH9
8 4.742
1,098. 38 "

6.8l!i.6(i6

193,103

160."83
l,12d,764

l,lJt),i5(i

40.900

105,010

l,0:3,2si.

32,420

492

*
t

3 936 "39

Includes three weeks only of Ojtobjr In each year,
Not Includlas; Utah lines after .July 1 In either year.

Net
tofore

is,

a few con-

they are unsatisfactory, with

spicuous e.xceptions of roads that have

managed

to offset

On

a loss in earnings by a reduction in expenses.
the latter class the policy of retrenchment and

roads of

economy has

already gone into effect and

is bearing fruit
on other
roads the necessities of the situation will soon force that

all

roads

OKOSS ADO NET BARXINQS TO LATEST DATBS.

Operatiwj

(

Xet

Jan.

'I

Groaa

Earning. EartUnjS'
Atch. Tupek.t

&

Santa Fe-

IM.S4

1883

1

Bun.v'eaur

A North.—

itap.

18S4
18>3

*
701.515

l,l«).',Ud3

toi.on

<\
*
»
811.501 lt..852,«10 5.451,200
eoj.uiv ll,510,5U3j (),10l,wa

261,100

107.074
87,428

j

2tiO..«7

in-4

303.10R

101.011

!>>.)

111.502

3';5.474

212.188

153,3061

70.85;

40.1198
40.1.B7

Chesiipcako

& Ohio—

Klizab. Lex.

&

1H^

Bik Sandy-

* South West.—

&

lty.4
188:>

&44.31U
81 1.273
977.431

2,87»,«1(

3i.V94
88,837

5.-.7.21ll

5a2.?i27,

7

2,70-.!10
ii.OUU IHj

18a.0"«
100,357

ISw-S

Kt.

Ooige—

&

Ge< rgla—

lKi-4

18KJ
East Tenn. Va.

S8.0fl-)1

9I'.0.4?9

4J.02e

V13.i:8

197.724
191,222

1.121.7H0

1.5'W..'W4

I.<<.50S.8'5

fl.710,10S

l..'j2«,«13'

1.57U.552

l«,»34,i«'

l>,042,r.&0

I

if*4

a

85.847
87.U11

13'J.»3J

Quiiicy

Connotton Valley—

1«81
1"-J

l,lW0,7iD
2,'8n,4:t4
I

78,«.ll

117.910

IHS)

.vtolnes

S02,-)82

I

Chicago Burl

De*

i

1,052.40.1

ll

I0.-4
lfs:i ...

Chea. Ohio

Earatii9-.

*
1.513.046

154.08fl
r<"a,M29

....

28.174,
82,782!

2l.8!)fl

2.',5^1

41,882

2',5iOll

4u,-.o;i

21.00,)!

ss'.irs
2d8.&Ml

7S.71ifl

1.001,021
1.I57,HS2

8«8.ail<

2in.i-n

i.'.!).2ni

S»l4('

a.884.S.'50

lRfl4'i>i

201

2

118

?

M5,»4a

820.251
418,404

lOT.'ll
iefl,i3»

0.87i<.028

19.8«1

15,702

e2,W)li

82,790

3U,llll

667,0li8

477.681

jm

5394,241

........I

.......

loo.eM

IK'O..

185,902

181.070
123.0tU

N»hT. Cbatt. A
w<4
i»^

ll

;.,

210.580
197,7911

Now KnulunaA Western—

18-<4

\»3
Nnn iiera Central—
18S4
ISNJ

114,807
105.943

iN!-a

803.1 533.'4,2e^

05.1WS)

01.856

1,701,4.12

788.251
780.650

1.711,916

208,022

7.1.018

2485^7

115,011

270.010
287,201

115.115
128.514

I5l,.-05

6 7.521

,

168,657

511,021

1,0^0,744

807.813
890,808

l,tf7<,533

4<9,u45

81,474
91,7.0

48.509
5S.O40

33,(«>0

0IU,O9():

08.071
131.012

476.811
545.72!

285,81?
291.970

19:.4UI
230,7o7

4.085 009
4.532.137

1.5S9 982
1,735,151

l,2r'fl..500

'0.707

6flfi,R5.3

1,194.714

731.493

400 .221.

9.277.IS0I .3.83r,3!l
6,u,u,assl 1,880,402

100.518

OII.OS
70.001

80.815
35,700

S8S!,242

8'6.3-0
2:0,721

7(,45'
111.521

4,458,871
4.034

6W

2.571.476
2.712.633

f52.205
886,274

1''1,530

170,735

2,601,706

1,021.141

218.b7»

107,3Wrt|

3.0»i;,430l

1,111,005

10tl,3(j0

Improrem't Co.

18^4
1883
Peen.lall lines east ul Pitts-

I

2.450,148
2,783,Kei

32.905'

California-

..

1883
Oreifiia

I

281,088
858,511

Northern Paclflc—

&

d2.!jl3

I,4a5,7B3
1,440,096

1'

1881
lass
biieniindoah Vatley—

Oi-eitnn
1H^4..

29JS90II

gt.i,onls—

ItiSl

289.R2I

I

I

2,504.803;
2,973,3681

5<5.100'
928.81«»

& Krie)—

Pliui delphlaJt

Knt—

lto'4

1883
PliilHdeU'hla& Keuilint*—
IS>4

2.W8

l!«-3

Phlla.4 Htad.

Ckjal

* liuo-

IH^4
18^.1

4.51

L.TOleSS

1.887 393; 30,3^0 069 13,542.261
l,»22.3c 6 b7.S93 907 14,070.547
;

1,321,828' 19.0.^3.434 8.880,040
l,7J8,'-8a 2a,8l0.20«; 9,734.42>l

3 333,217

1,554,533

1,574,607
1,861,191

1,507.283
l,760,7i;2

df.22.e:o
94,472

60 318

41.842

27,47.;

1U7,074

4'J,2i)«

2,499,271
2,881,040

1,165,805
1,439,009

dM06,726

12.ni0,l'51

;

57.833

12338.8i8:

318001

eie.oii

214.705

880,465,

427^33

I*acifl<j—

1884
IKKl

Utah Central
1.S84

IM8S
W«i*r Jersey1884

1,831,970 I«,37n.6e3| 7.838.839
1,441,971 20,8i9.h00| 10,156,426

98.592
104,768

40,004
45.4711

61,0281
59,897

131.4116

81.47-11

49.9"0

110.932'

80.637

2(,27ol

756.212
651,872'
1.0K..8

A^tg^lst.

1

2;

4.87.08*

805.809

Jan.

2,11,3,339

1.4(13.335

1H83..

2,207,543

1.318,631

A

Kust.

Ill

70,633
65,905

TV.'-M

:6S.061

244.117
240,517

145,017
14^.553

98,200
103,964

215,418
173,496

152.001
142.045

+62.510
31,431

& Chic—

& Weytern—

Name.
Clov. Col. Gin.
1884
13 3

&

710.001 14,383,.V)3
918.912 13,818,884

8,916.007
5,691,105

nols—
150514

Ind. St. Louis
IK-4

ISMS
N. V. Ontario
1884
It83

1 to

»

1814

C.'lcuKO
lt«4

331,801
440,4S»

9^^2,^^>'

Central Paclflc—

973.711
66.061

9.1.126

1,'

Indianap.—

«

:

1884

1.54.''.241

567.781

1,5W,7;2

5s 1.867

1
1

Jan.

July•

Julu

1 to

3\.

$
...1

Southern PaclBc (No.Dlv.)—

2,10.',941
2,:!««,372

480,291
651,094

76a.fiS7

692,301

310 053
318,22^

2.056,793
3,430,640

731.587
1,037,921

1

132,808
190,045

80.479
65,94.1

72.129
7(,6a6

260,546

I'-S.SSt

98.10-2

S01,»85:

200.531

101,131

141.5041
192,5101

69,805
75,744

81 .7«9

l,n^.0,6,11

5'i6,15o

110,706

1,47<),C93

980,660

18S4

41,001

26,114

r.577

SS1,S3I

18,83

66X541

!>1.S43

.84.. 11

46ll,7«8

175.018
26O.074

188:1

Soiilhcrn lllv.—
18'-4

18S3

Arizona Divislo..1881

1883

New Mexico Division—

ELLISON

:

1101.07

ei.Uu8

CO.' S

d:

ANNUAL REVIEW OF THE

COTTON TRADE FOR THE SEASON

\SS:i-Si.

[COMDCCTED BY THO.M.\S ELLISOX.J
The past season compared unfavorably with its immediate
predecessors. There had been a heavy accumulation of cotton
and cotton products, supply had overtaken (Jemaud. and coni^umers everywhere had largely anticipated their retjuirements^
It was apprehended twelve months ago that soniothing of the
kind had taken place and in many (juarters in th's country,
on the Continent, and in the United States, there were more or
;

the prob.ible cuurseof trade during
season but the fact that the markets had been temporarily overstocked did not become very palp.able until the
close of last year. Since then the disapp-arance of profits has
forced both spinners and manufacturers to reduce the out-turn
of their spindles and looms. In the United States this unsatless serious misgiving.t as to

the

7.875|
10.201

20.081
iw.oau

«ie,8.v

I

1 tn Srpt. SO.

[

Orosn

815,286.

45,««)S

' Emlimolnit operations rt Central of Sew Jersey after Jane 1 of both year*
but not prior to that in either year.
t Out of tilts (13,982 wa« a d as rental to West Shore.

from which returns can be obtained.

Sfpteinhfr.

e77,lM

43.8(H

I8-i4

;

The following embraces

policy into practice.

MM.
4a,151;

Mot)l.e»Oh;o—

earning.9 are of the sanie general character as here-

— that

lP,S04i

•
M.787

8/150
4,008 181

188:J

189.0ii0.93: 193,016.970 6,348.627 10,284,666

IB.TM
iT,;iM

IO.08J,4«5

cm.
Total (64 roads)
Net decrease ...

18.999
11.400

1.145.80<)

Namr.
27-l.7'i7

4V,agn
"41,8.0

11,901,011'

196,211
781.180

3."

fi,'i7(».839
HCi.-.'U.

0U7.(li3
tl<)9,041

07().-»i

114,437
64.572

1,216,29!!

85.033

1.277

V28MK

855,037

1883

668.9S(;

447.»!UI

U»<,«1S

682,000

Union

076

11.'..

2I3.II(»(

703.437

1-

ii

Nft
"»

*

1331,179

Texas & New Orleans—

l,420.7o:<

3,8(JS.i>2:

Mich.

2,721,712
15.684
80,326
43.02e

tii)7,-i77

401.443

.

77.407
80.529
77,086

I

1,687,046:

l»v-4
l'«(3

burg

37.102
33,619

50..537

01,154

1884
1««3
Loniavllle A Na3hTl!le—
1H84
IHHS
MltMourl I'ac. (A Iron Mt.)—

1N^4

417,432

3 2,1>1

t

188,S

516.7li3
1,3.51.770
3ti2.G5-

tils.82ti

St. L. Ft. .Sccitt
Wieh..
St. Louis
S. Franeisoo.
St. Paul
Diiluth
8t. Paul .^^i!ln.
-Man...

362.704
56,355
46.373
4.8,790

fiU.378

Peoria Dec. A Evansvilie
BIcliuiond & Danville...
Char. Col. &. Augusta.
Col. A Greenville
Virginia -Midi md
West, Nor. Carolina...

230.597
661 3^14
268.077
260,78i

819,77.

1,'>1«.9l.O

37H..5.")3

1,713.371
58.791

ll,.'J89.9<0

87U.19J
394,870

8B,8««
27,214

Ct-ntral-

IW4

83,566

7o7,Hi9

91'i.2y4
42W,1<!I
2.191.111

.

197,906
4.^.156

1

2<i7.^73

1

202,460

2.118.623
740.831
3 -.',24';
16.030.797

S«,8Sl3!

UaTOO A Mllw.—

Louisiana Western—

Norfolk

5.ii"7.(!12
2!>a.3>l'

7Srt.<>37

Ft, Wi.rlU & Di-nvc^r....
Oraii.lTr. or Caiiaita ...
Grifii r.ay Win.* St. 1"..

13,858

276.101
1,317,070

(Iky

N. Y. 4
1«M4

1,609,378

1.920,717

&

Floriilii It'v

10.339

l,4.'\8,53l)
40!.2.'>(i

1. 131.1)10
fil3.2i»'

<

A Gr. Traak—

18X3

3.2 .5.103
1.0(1 1.4

Kent

tA /kvt. XO.

Jt

iiR.tro
»a5,uw.

!Bt-4

l,901.'2a

c; h ,i>:o iV Nortuwtist ...
riih .st.I'.MIiMi.AOinali;!
('Ill ,i,i>& W.'st .Uii-U....

I'll

9

20.771,323

],0nj,-3

I)Bt.

26.018

l.l)l.S,i>2i

IKMI
1883
Or,
IHf4
1883

Deertate.

»

*

HinKiii ni)o.<i»o T. it
'iliirl. Oiliir Khi>. *V No,

Inermte.

1833.

1.'10,7M

I

(;r>,«

£

iHVl
lM-3.,

1881.

Jnn,

(Mum

IKH-J

tlio details.

Wiimc o/ Kottd,

'

539

classes

all

every section of the country.

ciiil)race

iiinl

'

the other hand,

the roads showing conspicuous decreases cover

of proper! it's

—

THE CHRONICLR

ItW.]

15,

—

8

,

1

now

:

1

THE CHRONICLE.

640

isfactory state of things has been intensified by the financial
pressure which for months past has injuriously affected every

department of industry. In England the business has suffered
from the combined action of over-production at home and
diminished power of consumption abroad. The serious fall in
the prices of all kinds of foreign and colonial produce lias
materially curtailed the purchasing power of our largest customers, while the movements of the markets have been further
retarded by the political disturbances in China and Egypt, and
by the outbreak of cholera in Southern Europe. On the Continent trade has been depressed, not only by general over-production, but also by various local adverse influences, financial
stringency in Russia, the fall in the value of agricultural produce in Germany and Austria, the appearance of the cholera
in France

.

and

Italy.

Am- East
BraIn-

eric'n

Great

Instead of the further progress which was calculated upon at the opening of the season, there has been
almost everywhere a falling back. In Great Britain the reduction in the quantity of cotton spun has amounted to about 3
per cent, against an increase of nearly 3 per cent in the previous season. In the United States the reduction is about 4
per cent, against an increase of nearly 5 per cent. On the Continent, against an increase of over 5}4 per cent in the previous season, there is a small decrease in some districts wliich

about counterbalanced by a small increase in other districts.
The diminished consumption of the raw material has been
more than offset by the serious reduction in the yield of the
American crop; and the season closes with a materially reduced
visible supply, and a still more important slirinkage in the
stocks at the mil's, which is only partially counterbalanced by

The recent

increased stocks of goods.

1880-81...... 2,5

159
270 119

2.i9

1

1879-80

2,294

Continent,
1883-81....
1832-83....
1881-82,...
1880-81....
1870-80....

1,506 1.166
1,865 1,327
1,463 1,112
1,709
850
1,421
919

COURSE OF PRICES 1883-4.
principal fluctuations in

the prices of the leading descriptions of cotton during the
season:
Ek'

.

I

^

&

cq

55'^ SB,,
513ie 738i4ai6
6
758'4U 538 S-'U

••

"
•

111618
13 513
31 8

6
6

Ny.l4
" 30 6
Dec21

|75s;4'4

29 5'8
16SJ.

i

Ang2316

I

6%

Jan 12 6
Feb IB

6

714438
7%!47,o

1338

iSept. lltiSia

3U,j

7i4i4-'%

27 5^8

Li. _^_

"

1738 49l6 .5=8
6I4 (738

!

35r
3l3l«

30|5%

4'1«|5'10:
I'lB S"l6

638
65 1,
614

438 1538

Htlf

138 !538

5T,„

438

6l8

Hfgli..

Low

67„ 8l3ij7i4|7'!i8>7>2

3%

638

i63elo34 ,67,8

;Clos.

43l6|03n

and average prices

534 \5^

6T8

'7I4

^'s

613,

I'

EUROPEAN IMPORTS, STOCKS AND DELIVERIES.
The imjwrts, deliveries and stocks of cotton for the whole
of Europe compare as follows, in 1,000's of bales
American.

East
EgyptIndian Brazil.
ian.

:

410
293
393
235
162

401
304

Decrease

3,855
4,649

794

Increase

Smyr-

W.I.,

na.

Ac.

Total.

1,687
1,638

343
342

303
334

58
26

"49

"i

"uU

32

1«
83

35
45

67

10

76

6,408
7,065

4

637

Stocks, S'pl. 30.

1883-84

498

188^33
Decrease
locreape

432
286

27

146

1,252,676,r00
1,459,119,000
1,237.003,000
1,233,752,000
1,107,371,000

1883-84
1882-83
1881-82
1880-81

.?,S62

1.415
3,908
4,220
3,715

1,342
1,761
1,527
1,089
1.189

The average weekly

451

411
417

deliveries in bales

Great Britain.

4426!2,70

996.000

1,

432-6 '2,973.6 10,000
424-4|2,710,060.000
437-7 2,661,835,000
.5,636 431-2|2.447.372.000

were as follows:
Grand

Continent.

Total.

Amer. E.

Amer.t E.

Others] Total.

I.

Othrs Total.

I.

-i-

'83-84.
'82-83.
•81-82.
•80-81.

145.691 7,232 12,225|6,5,U8 28,970 22,417 '),83f
49,034 8.340 8,520 65,891 .35,873 25,521 1,895
46,927 7,930 11,237 66.141 28,238i21, 386 7,297
43, 2904, SOT
S. 639 01,571 32.862116.3 l7l6,-225
'79-l?0. 44.1Ot'5,'2O0 b.734 53,03^ 27,S39:)7.66HI3,336
1

1

The average weights

57,2201 122,368

66,289 132,183
56,921 ri3.065
55,431 117,010
5",344l 108,382

Ameri-

for this season are as follows:

can, 453 lbs.; Brazil, 170 lbs.; Egyptian, 656 lbs.; Smyrna, 350
lbs.;

West

Indies,

&c.,

Great Britain and 877

171

lbs.;

lbs. for

East Indian, 383

lbs.

for

the Continent.

CONSUMPTION OF GREAT

BRIT.VIN.

a comparative statement of the actual
deliveries, estimated consumption and surplus stocks at the
mills for the past ten seasons, in bales of tlie uniform weight
Tlie following

is

of 400 1b?. each:
c,
,
Stock

\

Deli t erics

,Stoc7.-

Supp'V-

Vct. 1

!

Stpl. 30.

\

Contumption.

1

'

Total.

3

21

1,008

2

22

963

""i

tY.

Wk

I

1871-75
1875-76
1676-77
1377-78
1878-79
1879-80
1880-81
1881-82
1882-83
1383-84

2.997,000
3,175,000
3.196.0U0
3,033,000
2,635.000

95,00( j.l,092.000j
2l.( (I
!, 196,00;
I

:

21,0,i( 1-1.217,000

35,00(1 3.073,000

33.000! 2,870,000
27,00. 13,377,000
3.570 000; 27,000 3, 5-J7.000
3,697,0(10 25,000 3,722.000

3,:55<>,O0O,

3,736,00 J 82,0011 3,368,000
3.631.OO01 124,000 3,75.«-,O00

500 bales
inquiries.

per

week

to short

CONSUMPTION OF THE CONTINENT.
consumption and surplus stocks at
the mills compare as follows, in bales of the uniform weight of

The

deliveries, estimated

lbs.

each:
Stock

at.

1.

Supply.

Stock
LSep'.'iO.

Consumption.
lotaJ.

TivT Tr/c

18-<2-33

..

2,23\00u| 94.0Oni2,329,O0O| 41.000 2,288,()0ni44,03!»
2,566,000 41,0002,607.000, 201,000 2,403,0(J0, 16.211
2.300.000 204.000 2,501.00(1 54,000 2,450,000 47,115
2,.572.00O' 54.' 00 2,626,000 117.00(1 2.509.000! 48,250
2.573.000 117,001J:2,690.I1(IO! 94.000 2.506.000 49,923
2,76S,00ii: 91.000 2,86--MI0(l 11 2.(llt0. 2,7-50,000 52,381
3,084,000,112.000 3.106,(lOOi21O.(l(l(lj2.956,00l)[56,846
3,092,000 210,000 3,3 12,000 134.000;3, 198,000 61,500
3,647.000 134,000!3,781,000 401,000 3,380.000 65,000

1683-84

..

3,13 1 ,OUO'40I,000 3,532,00Oll52,0O0'3,38O,000l65,00O

1874-73 ..
1875-76..
1876-77..
1877-78 ..
1878-79 ..
1879-30 ..
1830-31 ..
1681-82 ..

Last year we stated that the estimated consumption was
" the highest figure justified by the tenor of the repUes sent by
made this statement
our numerous correspondents."
because there was a very general opinion that the actual rate
are
of consumption was larger than our computation.

We

We

now, however, that the weekly average did not
exceed 65,000 bales. We have adopted the same figure for the
season just closed. There has been an increase in some places,
but this has been counterbalanced by a decrease in others.
[We omit tlie portion of the circular relating to tlie American cotton crop and its distribution.]
satisfied

Imports.

1883-84
1882-83

6,303
6.8-3
6,399
6,034

164
174

121
423
418
428
423

'358

j7oi6:Aver, <3iic|5-=a2''J23g^;6i3 631e„ 5333
!4''8

126
95
120
129
123

76
43

Deliveries,

^
6i3,e!6iii

2,975
3,447
2,960
2,883
2,618

All Europe.

400

^ 16
Open 0% 6i3i6|7ii67a

86
58
78
81
61

188

3"ie

l35s

The opening, highest, lowest, closing
of middling upland compare as follows:

S

115
lOl

72

time.

O^

30 6ig
3'3lf,
My.?4 638 H6,,]738 49]9|50,J 3i3ie
Junti9 6"l6 6
li'ldiSflBl
"

313,„!

7V;43i«

li-4

28;6i4"
6l8
7l2 43i
••
;313,6
51616 7>44is" 338 313i6 July 2 6!>ie
'•
301614
i'°ie TIsUh 53a l.'Jiaio

"

••

Apl.lt>

"Z

I.

Mar. 3

a\
3h

Total v-cighl,
Pour.ds,

40 3,383 429 1,452,323.000
37 3,42(1 442 1,514.521.000
42 3,439 430 1,47'^, 997,000
45 3,201 446 1,428,083,000
62 3,018 444 1,340,001,000

".s

1834.

Oet.l!5^

to' gilt

The estimated consumption for 1882-83 is reduced
per week in accordance with the result of subsequent
consumption is estimated at 1,500 bales
This year
(or about 2 per cent) less than last season's, owing

l1

r.:

1883.

age

Total.

in prices causes

fall

people to take a liopeful view of the future, especially as supnot likely to be over liberal, while the hindrances to
consumption, referred to above, may shortly be removed.

^

Aver

Sundries.

258
200
263
247
273

93
111

plies are

The following statement shows the

Egypt.

376 338
431 205
415 279

376
2,550
2.440

since 1878-79.

is

zil.

dia n.

XXXLS.

Bril'ii.

1883-81
1882-^3
1881-82

1879-80.....

The result has been a check to tlie annual increase in the
consumption of cotton which had been going on everywhere

fVoL.

""2

"

4;

DELIVERIES FOR FIVE SEASONS.
The following is a comparative statement of the deliveries, in
l.OOO's of bales, during the past five seasons, with the weight
in pounds:

PROSPECTS.

Twelve months ago the general impression was that the newseason would witness a further increase in consumption. We
expressed some misgivings on this point, but we accepted the
popular notion .as a basis upon which to forecast the probable
movements of supply and demand—in other words, we overestimated the wants of consumers, though our figures were
considered too small. At the present moment the bias of public

opinion
vear

last

:

exactly the reverse of what it was at this time
then the inclination was to over-estimate the

is

November

THE CHRONICI^.

15, 1A84.]

retiuirements of the world

;

now it

is

to under-estiniate

them.

We (-onfess that we <lo not sympathizo with tlie pessimist views

541

The Mtimato for Great Britain includes about 900,000 not yet
at work.

STATE OK THE COTTON I.NUUSTRY OF THE CONTINENT.
wliidi ju.st now iwrvaJo the markets hero and in America.
The following account of the condition and prospect* of tho
Cotton at !>^i<l. to SJ.^d. per lb. will rapidly disapiKjar, and with
gootl food crops all over the world consumption is certain to cotton industry of the Ck)ntinent of Europe is compiled from
increase. While so soon as the China and Egyptian difficulties answers received to a list of questions sent to the principal cotare got out of tlio way, the demand will for a while exceed the ton ports and cotton manufacturing centres in each country
take this opportunity of
rate of consumption. For the immediate future, however, the in the month of Septeml>er.
course of prices will probably be ruled chiefly by the financial thanking our numerous correspondents for the prompt and
necessities of the South, which, it is stated, are so pressing that hearty manner in which they have answered our questionii,
the planters mtut sell, and sell at once, a large proportion of and we trust that the jierusal of our report will afford them
some recompense for the trouble they have been put to in
their crops at the best prices they can get.
As a moderate computation we estimate the requirements of complying with our wishes.
Russia and Poland.
Europe for the new season at an average of 138,000 bales of
St. PETEKsnirno.-The I'att Seatnn has lioen much worse than the pre400 lbs. per week, against 13,5,500 last season and 137,000 the vious
one. UoodssoldHt6 to 8 per ecnt below cost. Pro«;)frM no betseason before. Say 72,000 for Great Britain and 66,000 for the ter. Consunjption of cotton les.s than last season, owln^ to Hhorttlme
milla worliin({ only tlvo days per week. Stocks of cotton at tlio mills
Continent. For fifty-two weeks the total quantity required Hmallcr than liist vean but most spinners have bought shipments for the
winter months. Stocks of goods about the same as last year. No increase
will be 7,176,000 bales of 400 lbs.
in spindles.
MoSLOW.— Spite of eoo<l food crops, business dnriDi; tbc Past Beaton
To provide for this consumption we shall assume that the
has not Improved, owmg chiefly to previous over-production and to tho
shipments from India will be equal to the average of the pre- low price of grain. The Prospectg .i:e bad, as corsnmptlon is still behind
vious two seasons, say 1,600,000 that the Egyptian crop will supply. Consumption of cotton about 10 per cent Ichs than a full rate.
Ni>;ht work almost generally suspended and day work partially ri;duced.
reach 3,000,000 cantars, or 425,000 bales of 6-50 lbs., against Stocks of cottim at the mills much less than last year, and spinners have
of late purchased only for current i-eiiuiremente. Stocks of yarns and
393,C00 last year that the Brazils will supply 350,000 bales- poods smaller than a year ago. but still very large. No Increase in spinagainst 343,000 last year, and that all other sources will send dles 200.000 out of a total of 1 .900.000 standing.
1,01)/,.— Past Season much worse than the previous one. Sales dlfllonlt
115,000, against 130,000 la.st year and 103,000 the j-ear before. even at prices covering barely the cost of the raw material. Proipecit
better,
though prices are as yet unsatisfactory. Consumption of cfltton
Reduced to weight these figures come out as follows
sniiiUor than last season, owing pnrtly to higher counts of yam being
spun. Stocks at the mills about the same as usual at this time of the
yeai'.
Stocks of 5arns and goods smaller tlian last year. some important
Bales.
We^glit.
Foundt,

We

;

;

:

:

sales

1,600,000

125,000
350,000
115,000

Brazils.....'
t5un(lri69

"

380
050
170
2B0

2,190,000

Total

608.000,OOJ
276,250,00)
59,500,000
26,150,000

070,200,000

E<iual in bales of 400 lbs. to

2 423,000

having been mado during the past four to six weeks.

Number

of

owiug to fires.
SWKDBX.
The business of the Past Season has been worse than that of the previous one. owing to the bad harvest and the consequent scarcity of
money amongst the peasants and laborers. Tlie Prospects arc more hopeful. Tlure is no Inciease In the consumption of cotton. The stocks of
cotton at the mills are smaller, but those of yarns and goods larger than
a year ngi". Tht r ) is no Increase In the number of spindlea, but new and
improved machiuc.ry has beei* introduced into some of the mills.
spindles decreased 15,000,

The most recent estimates of the probable yield of the AmeriGermany.
can crop put forth by the usual recognized authorities range
Prussia.— P(M< Season decidedly worse than the previous one, owing
from 5,800,000 to 0,300,000. The most current estimate at New to over-productlnn. Sales were not only dinicnlt. but buyers tried to
the receiving of purchases jirevlouely made, in e.xpeclatlun of
York is said to be 0,200,000. There are a few people who talk delay
consumption being larger than the year before. Willi good gi'ain crops
of 0,400,000 or 6,500,000; but tliey have a very small following. tho Prosi)ecls for the new season arc encouraging. No Increase In consumption. Stocks of cotton at the mills smaller than last year. Stocks
As it is too early yet to speak very confidently on the point, of coarse yarns larger, but those of the lluer counts unchauged. Stocks
goods larger. There Is uo increase in spindles, but some old ones
we shall merely show how much American cotton is likely to of
replaced.
Wksti'Halia.- Past Season much worse than the previous one. owintf
be required for Europe
;

Estimated total consumption, in bales of 400 lbs
7,176,000
Probable import from India, ikc, as above, iu bales of 400 lbs 2,4 !5,000
Required from America, bales of 400 lbs

4,751,000

Eiiualln ba'.eaof 450 lbs to

4,223,000

Last season American spinners consumed 1,977,517 bales.
This season they may not use more than 1,900,000. Canada

and Mexico will want 80,000 bales, as their stocks are cleared
out.
This would make a total of 1,980,000. As American
spinners hold only 15,000, against 103,000 last year, they may
easily take 50,000 bales in addition to their consumption they
are sure to take this quantity if prices remain low. This would
;

give 2,030,000 for the

American Continent,

wliich,

added

to

4,220,000 for Europe, gives 6,250,000 as the total crop required

from the South, on the basis of a conaumption (in Europe and
America jointly) about the same as the season before last, and
leaving the stocks in the American and European ports, and at
the English and Continental mills, at the end of the season the
same as at the beginning. In short it is necessary, in order to
prevent any further encroachment upon stocks, that the American crop shall not be less than from 6,200,000 to 6,250,000
bales.
As the present low range of values is laying the foun-

to over production and to the general depression in trade. Spinners
have had to pav a higher price for cotton, and accept a lower one for
yarn. At present the 7Vo»i)ef'» do not look favorable; but as the food

crops are good, a better business is expected. There has been an increase of 10 per cent in the consumpiiou of cotton, owing to an addition
of IS.tOa to the number of srindles. Stocks of cotton, on average,
rather less than last year. Stocks of yarns and goods 10 to 20 per cent
larger.

Saxo.nv. —Pa«( Season opened unsatisfactorily, but subscfiuenlly went
I^argo business done iu mixed wool and cotton products for
for export. P<-o»we<;/« good. Conaumpiion of
cotton increased about Ave per cent. Stock of cotton at the mills 25 per
cent less than last season spinner--, in expectation of lower prices,
buying only from hand to mouth. '1 he stocks of yarns and goods are
lossthan aycarago; nroductiou moves ofl" as it is completed. Increase
in spindles, 50,000.
Bavauia.— Pat/ .Season worse than the previous one. owing to supplies
being In excess of demand and to consumption being retarded by the
poverty of tho Gcnuan peasants. Things m.ade worse by Knglish competition and by the act lou of tho Alsatian weavers, who, falling a demand
for sateens, have returned to tho production of calico and flooded the
South Gcrmiiu markets. The Prospiets are better, owing to good granl
crops and to lower prices of cotton ; but little improvement can take
place unless Lancashire can lind some other outlet for her yarns. The
consumption of cotton has been iucreased 3 to 10 per cent, owing to
Improved machinery and to the spinning of coarser counts of yam.
Stocks cf'otton at the mills much smsUer, in some cases 50 per cent
Stocks of yarns and goods variable,
lighter thau at this time last year.
but on tlie whole larger than a year ago. Increase in spindles 20,000,
but not all yet at work.
M. Gi.ADiiocn, KiiENiSH Prcssia.— Pn«( Season decidedly worse th»n
the previous one. The demand diminished, owing to the competition on
better.

home consumption and

;

weft yarn imported from Saxony, and of water-twkt imported from
EnglaiHl. Tiie Prosptcis are no better as yet but as the grain crops
are good some improvement is expected. The rc-bnilding of some small
dation for a greatly increased consuntption, our estimate of the mills has increased the consuiuption of cotton about 3 to 5 per cent.
The stocks at the mills aresmiller; the reducllon ranges between 10
probable requirements of the world may easily be exceeded. and 40 per cent. The stocks of yarns and goods are larger than last
of spindles, 20,000 to 2.i,000.
Under such circumstances, spinners are acting wisely by pur- year, especially of weft yarn. Increase
WuuTKMiii-KO — i'as/ .'iiasuit less satisfactory thau the previous one,
chasing largely during the present depression, as even with a especially since January or February. Sales were slow, while prices
depressed bv Manchester competition. 1 ho Prospects are not veiy
crop of six and a quarter million we look for an important rise were
promising, but with good grain crops and lower prices for ootton, some
in prices during the season, while a moderate advance would Improveuuuit is not unlikely, unless hindered by Manchester. Amount
of cottiMi consumed about tno same as last year. Some reports give a
not be prevented, although the crop should reach 6,400,000 slight imrease. but others a slight decrease. In some instaiioes eonthe sumowiug to low state of the livers
to 6,500,000 bales, as such a supply would still leave stocks sumption has been leduoed
mer months. Stocks of cotton at the mills much smaller than last year.
Stocks of yarns unimportant stocks of goods slightly larger. No
smaller than twelve months ago.
increase in spindles, but a new mill with 15,otO being built.
Baden.— The I'asl .Season began well, spinners and weavers hemic
NUMBER OF SPINDLE.S.
till tho spingmmths; but a change for the worse has
The following is an estimate of the number of spindles in undercontraet
taken place during the past six months, owing most likely to ovor-prpEurope, America and India :
duction. 'Jhe /'ro«;i«/sare notyet cnconragiug. The present margin
between cotton aud yarn is very small, as Is also that between yarn and
oloth hut with a g<'od harvest and low prices for cott(Mi some improve1881.
1883.
1881.
1832.
ment ra.iy be expected, (^nsumptlon, if anything, rather less thau last
season. ^tocksatthB mills po.ssibly 50 per cent smaller. Stocks of
Great Britain
I3.OCO.000 12.000.000 ll.OOO.r.OO 10,600,000 yarn and cloth slightly larger. There Is a small increase lu spindles21.245.000
Continent
22.6f. 0.000 22.5110.000 21,855,000
one report says at o It 15.000.
,,__„_.
United Stales
13.200,000 12,fl60,O0O 12,000,000 11,375.000
Ai-SACK.— Hnslness during the P,«s/ .<;.o«on has been generally worse
East Indies
1,750,000 1,700.000 1,620,000 1,496,000 than in the previous one; aud Prospects do not indicate any immediate
Impiovement. The consumption of cotton has been abiut the same as
Total ..
8O.R0O.OOO 7«,860.000 7fi.47.n.O0O 74.71'- ,000 last season. The stocks at tne mills are smaller than they irere a year
;

m

;

;

.

THE CHUONICLK

542

but tUey are still large. The stocks of yains and go'i'l.s are
heavier, and prices l<iwcr. e-Mpecially yarns iiia<ie from Surats. Tliere is
no increase in spindles all arc woikiuij full time.
eiace,

;

Austria.
state of the cotton business in Austria during tbe Urst ba!f of the
rasl Seiisoii was tolerably good, but bec.ime wor.so as the season
advanced, and since the summer mouths has been very dull. Witl> accumulating stoclts prices of yarns and goods declined, wliile thi raw material reniaiuoti ftriu, so that little profit was left to the manuractmer.
Prospers are far from bi ight, owinc to the stoppiige of the corn expoi t
the crisis in the sugar trade and the low prices wnlch tbe poisaut lias
received for Ids produce. The consumption of cotton has changed voiy
little, the slight iucreas-e in soinedistric s being about couuterlialaned
by the decrease through the strike iu North Bo icmia during tlio sprint'.
BoilKMIA.— The Past Season -was le.ss satisfactory ban the previous
one, owing to the diniiuir.Ued margin of protit caused by the rednced
demand and by the increased competition of Manclie.ster. Mention, hiwever, is made of concerns which have been excoi-tionaly fortnnate, owing
to th ir liaviu/ accumulated agood stoik of cotton at the lowest prues.
Tbe Pros/iee s are mostly reported as unpromising, owing to the unsatisfactory state of the .•igrieultural interests and to the crisis In the s igar
trade; butwilh low prices for cotton, some of thee rrespondents veutnrn
The consumption of coiton has
to speak hopelu ly of the future.
Blightlv inci-eascd f 'here has been a rednctmn at some mills, owing to

The

i

labor dispii es. bui|tli s has been compensaleilfor by an increase in other
distric's. Stocks of cociou 5 to '.'5 percent smidler than a year ago.
Stocks of yarns and goods variously eslimitod at 10 to 30 psr cent
lucreasii in spindles 70,0. '0.
l.fc''g-'r.
Tyrol "ND Voualbkkg.— Tlie reports as to the Past Season are somewhat conflicting, l)ut they mostly complain tliat business was not so satTho mills were f ally employed, iiut profits were
isfactory as in 18^2-3
smaller. The present position is not so good as at tin opening, and tb^
legKr'hid
as indicating any immediate iiuprovement;
Proaiteils are not
bat hopes a^e entertained of a turn f jr the bolter two O-' three months
little
if any increase in the con.HUmption of cothence. TIjere has lieen
ton. The stocks at the mills vary from no change to 50 percent less
ysrn-'
and goods larger, in some ins-tanecs
than last year. Btoiks of
much larger. No increaio in spiud.es, but 20,000 u.;W oues will come
into operation in ls.-5.
Lower A stria.— yns' Srasnn much lc?8 favorable than the previous
cue, owing to over-productiou iu otiier portions of AustrU, to the competition of
inchestHr, 1 the aiiti-Scmii.ic disturbances in Ilungary, to
I'ho
the diminished export of grain, and to the crisis in tile sag.ir tr ide
ProHpeels are only poor. Ther.i has tieeu no increase in the consumption
variou-h'
estimated
at
ofcoiton. The stocks of cotton at the mills are
from 5 to 20 per cent smaller tian la-t ye ir, especially of American.
i
is
here
a slight
Tile t-tocks of 3"arns and goods are considerably larger,
increase (about 10, ',00) in the uninber of spindles, besides considerable

M

1

rencw.ils.
Ui'i'KR Austria— The Past Season, loss satisfac'ory than tlie previous
one, but not luiicli difference. Prosjiects not brilliant. There iia^ b<en
little if any increase in the consumption of cotton. Tlie stocks at the
udiis are smaller than at tias time List yea". Stocks of ya'us and goods
muoerate. There i* no increasa of ajiiudles, but one mill with 40,000 is
iu course of coustruciiou.

SWITZERLAKD.
The Past Season has been less satisffictory than the previous one
There were not m*ny complaints during the first half, but spinuTs of
coaise and medium counts did better than the producers o? ttun yarns.
In the second halt business has been bad all round. English e imP' titiou has been severely felt by tlie home trade, while the e.icport lu-anches
have been injured by" the outbreak of cholera in South Kurope, th.^ political disturbances In Egypt and China, and oy the financial crisis in the
United States. As thi se causes are still partially in opniation. the Prosare not encouraging but people ar.i now more hopeful than they
were n few mouths ago. I'he eonsuniptim of cotton lias rather increase<l
than otherwise, owing to the lower cmuits of yarn soun. The stocks at
the mills are eonsiderabl. less ihan a yea- ago, varying from little
ch.ange up to a reduotion of .'.0 per cent. The stock* ot low and medium
counts of yarn are mortei ate, tint those of flue cimius are large, niucli
larger th.an la.st year; the stocks of go^d^ va'y from the same as last
year to 2.5 per cent larger. There is no increase in spin 'les; on thecoutrary. a sliglit decrease, as the new machinery put uit has not compensated for that burnt or taken down.
Holland.
The Paul Season was fairly satisfactory during the (list half, but unremiinerative, especially to weavers, during the second half— owbigto production being in excess of demand, and to Manchester competition. Tho
eab s to home consumers have been fully cti lal to the previous season,
and the shipments to the Dutch > ast Indies have been satisfactory a* to
quantity; but pioducers have of late had to take poor prices. As the
lood crops are good and cotton cheap, tho Prospects for tlio new seasi n
are ver3' promising. The consumidiou of cotton has be -n rataer less
than last season, owing to two mills having been burnt down; the
reduced consumption, however, is only about 80 to 100 bales per week.

iJer^x

:

stocks at the mills are mostly much smaller than at th s time last
year. The stocks of yarn and goods are rat her larger in some instances,
but smaller in others; on the whole there is littl; change. There is no
increase in spindles, but rather a decrease, owing to tires. Three new
nulls, one with 33,000 and two with 25,000 to 30,000 spindles, aie being
bunt.

XXXIX.

[Vol.

The foregoing remarks apply to France generally. The
following are summaries of reports received from the principal
centre3 of the cotton industry:
Roui:x ASD District.- The Past Sctoawas. np to the 30th June,
d'Cidedly bettor than the previous one but sihCi the dae uam'3d business has been injured by tbe Anieric 111 financial crisis, by tho appearance of the cholera, and by the unexpect d -.^erions re-action in cotton.
The Prospects are favor.ibio, unless m .rred bv )ioliti<*.al intluences. The
consuunition of cottoa has not incre iscd The Hiock at tho mills is 50
per cent less than last year. There are no stocks of yarn and only a
small increase in cloth. About 8.000 new spindles have been put up ;
but thea-e are 100,000 old ones temporarily standing.
C'oxiii:, Flkks, Mayen.ve
and Licval- BiKiness during tho Past
Season was not so good as the previous one. owiag partly to the cholera
au(1 partly to the Chinese war, but chiefly lo the commercial depression
wliicli preceded these events, and to the competition arising out of the
exces^^ive production in Engl ind. The Prosf>rcts tor the new'sea-Jon are
favorable, because the crops are good, while III j 1 ite flue weather has
increased tlie consumption of cotton materials. There has lieen little
chaiige iu the consumption of cotton, the stocks at the mil s are 10 to
20 per cent less than List seasoo. The stocks of yarn are a little larger
than a year since, the stocks of goods are 20 per cent la-g-^r. There is
a slight increase iu spindles, about 10 00 'h iviiig b'icn destroyed by fire,
buta ra'her larger num tero? now ones (ring thi-^tie) have been put up.
KasTmun Fr vnoe— VosdF.s, BelI'OUT,
TiiC /"iinf .''tasnn has been
less favorable tliaii the previous one, owing to th'» lesse ed demand occasioned by cliolera and disturoed polities, 'llie Prostiects do not promise any immediate umenduieiit. There is no in itenal increase iu the
consumption of cott>u. The stocks at tlie mills arj very small. Ihe
stoito of yarns are also light, but posilbly heavier than at this time last
yi'ar.
Tliere is no iuciease of monieiit iii the number of spindles at
work. Some mills have been burnt down, but some new one s have been
;

;

Ac—

built.

Spain.
one. But,
cholera spreads t> Spain, he Prospects for the new season
are f ivorable. There has been a slight increase iu the consumption of
c«>tton. The stocks at tbe mills are smaller tba lest year. The stocks
-IS sales have b *eii hi .dcr.Ml. owing to
of yarns an I g >ods ar.' siuallo
the exp •ctstion of cholera. There is little increase Iu spindles, but
some old ones have been replaced by new.
Italy.
Tiio complete returns are not yet to baud. They shall be given in our
report of next month.

The Past Season has not vaii-d much from the previous

tinb-ss tlie

i

.

",

EXPORTS OF YABNS AND PIECE GOODS.
is a comparative statement of the export of
cotton yarns and piece goods from Great Britain in each of
the past ten seasons ended 3'Dth September, in millions of
pounds and yards:

Tlie following

IP83-34
1882-83
1881-82
18SC-81
1879-50

Lbs.

Tilt.

Lb'.

I'l/S.

2710

4,419
4,527

187 '-70
1877-78

2.-i5-0

4,45')

18

2,'

5

24i-3
249-6
217-7

1

S.631
3,R81
3,803
j,«35
3,546

2-.0-5

4,753

1873-76

23 -3
223-2

4.1104

1874-7.5

2181

li-77

The exports of yarn show an increase of 6-3 per cent
compared with 188-M!, but those of goods a decrease

in
of

1S83-4,

per cent. On the assumption tliat five yards of piece goods
are equal to one pound of yarn, the net decrease is only 0-4
per cent. In last year's report the export of piece goods was
given as 4,2."J7 million yards. It should have been 4,.537 mil2--1

lion yards,

Ellison
7

Rumford

&

Co.

,

Cotton Brokers,

Street, Liverpool.

[Fn reply ti ntimtrou.^ inq'iiriea, I bej to state that my
hook on the " Coilon Trade of Qreat Br. tain" is completed,
and will be cut of fie press towards thi end of the present
year.—T. E.]

The

\

Belgium.
The Past Season h.as not developed any new features. The first half
was fairly satisfactory, but the second halt liss bean b.ad. and at the
inomeiit the Prospects are not very encouraging. There has been no
increase in the consumption of cotton. The stocks at the mills a e
probably 25 per cent less than at this date last year. Tlie sti cks of
yarns and goods arc 10 to 15 per cent large". There is no change of
mumeut in ilie number of spindles. Three mills have stooped working, but an equivalent amount of machinery has been added to other

manctargiODammerctaljg uglisTt^ctPg
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
xxoHAifas otr london
31.
LOXDON-Oet.
AT
EXOSANOS
On—

rime.

Amsleitlalu- 3 moB. 124''H

Amsterdam.

France.
18S3 and the bogiunlugof 1831 buuncss was quite
satisfactory ail over France and tile neighboring couutries, OA-ing to
low prices, a good demand, anil expected higher values later oa. Bat
as the year alvftnced the position lost strength, not only in svmpa'hy
with cotton, but also b.cause thewautsot buyers had bcm ant cipated;
and. with tho prospects of a large cotton crop, disturbed polities in
Cliina, the iiit«-rrupiion of business in the c.ountri»8 where cholera had
broken out. and the crisis la Aiueiiea. evt-rybody restricted his purchases to the utmost. As, however, thero is ro 'in f<ir hopes of relief
from several of these causes, and as tho h >me crops are good, Propect^
fertile future are better than during tlic last few months oT goomy
biisiuesa. There has not be* n any decrease in consumption of cotton,
but the increase, ir any, must have been modiM-ate, aituongh there is
always a tendency to improve the spindles, and jis there a'so aiipears
that lower counts' of yarn were made. Stocks of cotton in the mills are
lower than during any of 'he past years, and it may ba said that, as a
rule, spinners 00 not Iio'd more than a month's cousumptlou. The proMsion ill stock in Havre docks is also much less than previ us years, as
are also the jairchas'-s for future delivery. This is owing both to the
recent f til in prices, which gave rise to the fear of a furilier cidlapse.
and to tho iihn;munerative business and the inability to make forward
eontra-is for yarns. For the above-meationed reasons stocks of yarns
and clotli are somewhat larger than I. is', y.-.ar. bat tliere is no aeeuuiul ition w.irth iiientiouing. We think tho increase do'^s n t exceed an average of 10 per cent for jwrus and 20 per cent for olotU. Tn re is no

At Iho end

of

iucreasa In spindles.

Berlin

Time.

BaU.

Oct.

31 Short.

1212

»20-<i3

Oct.

&2U-61

t.

31 3 mos.
*•
HI
31 Short.
••
31

20-42
20-22

»12-.^:'s

»123ii

12-214

Short.

3 m08. 20-59

mills.

Latest
Date.

Bate.

"
M

MHO

»•

40

zn-en

Oct.
•S)2'.-01
«-20 42i« Get.

20-4.'

12-22

"
2.>-57i3a2 .-62H!
Tiic8t-<
••
25-40i2a25-52ii, Oct. ^l Short.
Antwerp. ..
*'
«(
3:
Oct.
24 ffl241is
St Petcrob g
Clieeks '.'5 22>2®i5-i7ia Oct. 31 Checks
Par'8
25-40
3mos.
a25-4")
-ict. 31
3 nitts.
•'

25-.'i7iBa2J-^2i2

•*

Ueooa
Madrid

•<

Cadiz

it

l-i-bon

•'

4<.7io-a4'.8,6
4(iii..® KiOii)

5i'>sa>31Ai

Alexandria..

...

^:on^tanl'pl6

Bombay

....

doni'ud

Ca cutta

New

Is '^sd.
Is. 7!^d.

Yoilr...

Shanghai

....

25 2;'a
24-7,,

25-23
25-2*

'•
[

Oct.

31 3 mos.

iV-'e'S

....

....

Oct.
Oct.
Ocr.
Oct.
Oet.
Oct.

2S)

3 mos.

30

•'

Oi-t.

9 5 '8

llO-iO

31 Cables.'
31

l8. 73i6d.
18. 73) ad.

31
31 4 mos

3a. 8Jad.

:<1

fis.

4-84
Od.

[From our own correspondent.!

London, Saturday, Nov.

1,

1884.

As had been very generally anticipated, tlie directors of
Bank of England advanced, after a very brief discussion,
official

rate ot discount

from

3 to 4 per cent.

the
the

During the

«

I

November

15,

week embraced

THE CHRONICLR

V6i.]

in the return

amount of cold withdrawn
more than £500,()<)0, while in

the

almost uiiiiitorrupted since
the Bank of England held
only £19,83:3, 209. showing
total reserve also has in

the

At the

summer.

Inttrett at

£3»,;!01,!M4,

whether even that quotation will
the supply of gold was about £1,000,000
more than it is at the pre?ont time while the reserve of notes
and coin was about the same, the Bank rate was 5 per
cent and the proportion of reserve to liabilities was 2 per cent
In 1881,

arises

when

higher than it is now, namely, ST-g per cent. The notes in
the hands of the public were about £1,000,000 less. These
figures certainly lead to the conclusion that the present Bank
rate will not speedily be lower, and that it is even possible and
perhaiis probable that a further advance will take place. That
the monay market will be influenced in favor of higher rates
from commercial causes, that is to say, by a substantial improve-

and other countries, is not at all anticiThe current year has only two months to run, and

in trade in this

while there are apprehensions of failures, merchants are net
If the Bank
likely to feel disposed to extend their operations.
rate should be further advanced, it will be entirely due to the
gold movements, which are stUl a question of uncertainty.
Some correction of the exchanges is expected to be the result of
Thursday's [movement, but gold for military purposes is
sure to go to Egypt for some time to come, and the American
exchange is still against London. And yet it should be
remembered that, although adverse gold operations may continue to drive up the value of money, the scarcity of trade
And in this conbills is calculated to check the movement.
nection a feature is that the outside rates have not responded
The open market
to the advance to any very great extent.
rate of discount for three months' bank bills is half per cent
below the new official rate, and the banks and discount houses
are allowing one quarter per cent less interest than is usual.
Under all these circumstances, it is very clear that the course
of events is still imcertain, but there is an impression that four
per cent will not suffice.
The following are the present prices for money.

for deposits by

Bank BUU.

"

"
"

10|

3

S
«4! 3
31 4
171

Parlii

8

•

rorlln

4
4
4

4

SM

4

8M
8M

m
8

4
B

Art*.

Opm
Mmki

•

m

Bilk

4

4

e
4

»

4
«
4

llrusttols

4

4M

8^
*H

«

Miirtrlil

Vienna

4

4

St. I'elorsbura.

«

Copontiauen

4

4

•M
8)4

8

4

«V
<M
4«

S

UrnUt

4
4
>

AinHtorclom^...

Ovm

Batik

m
4^

8

*H

4

mt
*K
4M

CM
4

4

4

•

a

e

4

4

4M

the bullion market, Meesra.

Oo'd-Tlierc has been a Bond dcniiind for gold, nnd all »nivnl» havo
purcha-cd f.T export. In aiUlitloi to tile above. «3!)I.00il had been
has P' .»'' i" ''" l^'n'tTd
wiih.lraw,. from Ihe auk. of which i;.IJl.<.|
The arrlvBl« a'B «.10.000 froiii AimStiitps .'iii'I the rest to Alexandria
iiii.lOii
from Vera (.rtiz. Th«
tniUa. «28 00.) tiom the West indies and
£l.5.00J g.;oa by Uio P. *
iniiiiir tal.c.< £10,000 from this .•oimtry.
to
Fb.mb>.y.
O steamer to AlHXandriaiipd £-v0Ol)
...„,„
uijtll
Silver has remained at !.o^'\. to f.o 11-K.d. per 02. since our last,
received from fridla.
to-day. when lower rat s of exchaiiK" haviiiK beet;
<m ased. the price fell to >«« I-.
hsvinff
Continent
tlie
for
piirchnses
and
from the «••"'"»•'"
and ar, this tl^-ure the amo.int by the Medway tMO
from the Briizils.
has been i.laceil. The Imports have been 430
and
£-«.*'00 from West
Cnlii
ilO 00.) from Now York. £32.0o0 from

-

2'4» -18 9
- 8!<» - S a -;2Wa
a?s9 - ««» - 3 « - 2W9
«?«® - 25<a - 3 (» -'S a
S>4» -;.SHi®
2«9 - 3 »
1 a - sxa
8>5® - 8««
19«»

IM®

- 2Ha2« 2X33

-

3K9
-J2««
-;3M« -\SH99H
-3X9 -,3K®3H
--

-

3Vi93«

3K® -

— 4 & — *H'<i

ton

1

Xlt -1

1

K

and the Clearing House return

Oct. 80.

Price 0/ Oold.

fine

.

£

a
t
i
3

W3

-a
-2

i«a

1«|2 -2
2M'3 -3

position of

for the past vreek,
18-3.

1882.

*

2-,5.'J0.21O

2.'i,';C">.l'..'5

20.7i>2.8r..'>

3."JU,n'2

4.1(!0.l.'S-J

3.0'i8.407

24.U."il,70S

23.197..S;C2

Goveraia't et-curitIC8. l4.ooy.9a8

23..3><l,'.4:t
i.j.»;7i>.0(i8

Other securities

•n 11

20(lwt9. silver, 07..

S.Am.doublooDs.oz

Pric« 0/ saner.

Oct. 30.

>.

Oct. 28.
4.

d.

d.

BarsllTeT.flDe..oi.
Bar Bllver.contaln-

77 10

77 11«
........

'

InuSgrs.

«!Old..o«.

SOU

60«

50J<

61

Cake silver ...oi.| B4M
Mexican dol»...ox.l

I>4)<

Ranken, East
Tlie failure is announced of Messrs. J. S. & J.
India merchants of this city. The liabilities are estimated at
£60,000, the greater portion of which is secured.
Tenders will be received on the 6th of November at the Commercial Bank of Australia for a Melbourne Tramways Trust
par.
41^ per cent loan for £500,000 in debentures at
Treasury bills to renew those about to mature will be ten-

The amount is £1,635,0C0.
home-grown wheat have been upon only a
moderate scale, but of barley they have been extensive and
wheat, the
larger than in several former years. As regards

dered for on the 4th of November.

The

deliveries of

supply
trade is very quiet, the business doing being chiefly to
actual requirements. Prices have still a downward tendency,
notwithstanding that they are at a very low point. The quotalbs., being
tion for town-made flour ia now only 35s. for 230

consumption:

19.893, K23

22,94."!. 21)5

•,!1.7'.)l)."rfl

12.5S1.0-)7

.

chief Continental cities

sumption.

P'iris.

Imperial Qrs.

Jmpe'lal Qrs.

I

the

compared

I

I

lgOJ-<)
1H7()-1

!

)871-v
1H72-3

>

1

187;t-l

187J-5

1

18H,
»

!

14 l'.>0,26',>
20.334 892
10.133 980

and open market rates at the
now and for the previous three weeks

I

l>i» '-I

7.8SO.000

15,7<i0,ono

00

>ii

!t,.^«0.0<

22.0.^o,o O
•,J1,290,"00

7,<I5".000

II.IOO.COO
11.970.000
10.110.000

9.320 000
11.720 000
11.2:!O,0O

10, -.." 0,1X10
l.r70.',000

2l.83o.i0i>
21.780.1 00

>

1,(!4('.'100

•,'5.310.(100

21.0'i4.000

9.» K,>.t)00

l:t,94">.0O
12,1.^0.000

9,432

14.r():l,1<)0

I

If

21.8-"l.ot.0
23 9 <5.0<)0
2' .24.*.000

14.1 7 1)00
Hi, lOO.(MK)
:i.-> IMH)

ll.HV'.tMM)
^.o^o,^loo

9.114.000

l->.

V. 124,001)

17,^00,000
1H.9 ^.OOO

:

10.213.000

i-s-.'-s

!

1SS3-4

1

ISSt-.'V

of 18 years
88:1-1....
Averajre of the llrst

Average
ended

19,l"0,OO0
23.*tT0,00J
i;2.07«,ODO

I

i-iMi-2

1

nine years
Aver.iKC of nine years
ended liir3-l

O

10,39003:)

9.010,0.10

i

IST-^O

24.^7fi,5^.^
3.2!>3,26 !
i3 37lt.5ti2

1!).0,0,0

7,«"0,0

9.124.000

lS7f.-li.

Impe'ial Qrt.

ii.ioo.ot.o

I2.4'i().(

is-;n-70

1877-8
IS'S-'

.

rate of discount

Ksimnted IIomeTmvnrls of Wheat
Pr.duce Ai-ail- and Flour, I e-' Total Armlable
dueling
Ex- for Con turn plum
alle for Von-

Year",

Aug. 31.

isen-?

9.209,981
Res*veof uotcs .fc coin 10,0 -2,0^9 1^,0:0,210
Coin and biiUiuit in
20,860,535
20.1C2,820
both depart luontd.. 19,532,209 22,095,371
Proport'n of reserve
37 »s
34
3JG9
43>s
tu lialMlilles
5p.
6 p. c.
3 p. 0.
4 p. c.
Bauk rate
»9%
Ili2
10l.-i;a
lOl'l'lB
CunsolB
47s, Od
4!1s. 3d.
32-. 11.
40s. t,d.
EuK. wheat, av. price
6>al
(ill.
67,,d.
oh.,<l.
Mid. Upland cotton..
ir.i4d
lod.
gJad.
9^d.
No. 40miile twist
144,815.000
Cliariue-UousB ret'n. 80,130,000 12O,580,0OU 144,971,000

have been as follows:

m

77

oi.

Oct. 28.

d.

«.

Bar g M.

197(;-7

188(.

The Bank

for bullion are reported as follows:

The quotations

Sept. 1 to

with previous years:

Pulilic ileposiis

sc.ld

Uarnesl

-J

I

Bank of England, the Bank rate of discount, the price of
consols, the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair 2d quality,

Other depoHitB

Txi,.»n

1HH7-8'

The following return shows the present

Circulation

£128 940. The Poshawnr takes i.i-.-'iOO to Bombay.
ll.iTlars-rhe major rart nf the arrivals by the Medway
dealt
arrival, and the small balance will prohab'y be
before
were
wil.rftriowerr!tci Tho Med.vay brooL-ht £ .9..i00 from West Indies
era
Cruz.
from
lO.'JOO
^
£
brought,
and the Oaxaca
Indies- total

tions

Joint
At 7
Four
Six
Stock
Three
Four
Six
T%re«
Monthg Xontlu Month* Month* Months Month* Banks. OatL

••

Ohm
MaUm

the lowest price on record.
Annexed is an tstimate of the production of wheat in this
importacountry. The statement also shows the extent of our
for
available
totals
the
and
year
agricultural
the
during

Interest allowed

Open marleet rata.

$ept.26 2
Oct. s| 2

Bank
naU.

OcUbtT9.

^6.

bP' n

The question now

pated.

Varko

In reference to the state of
Pixlcy & Abell remark:

justified.

ment

OpMi

Bat*.

Ilambiirir

but the total is nowa diminution of £4,529,13.5. The
the same period declined from
£14,123,01 1 to £10,062,009, or to the extent of rather more than
four millioni sterling. Boaring in mindj that the falling away
has not been from excessive totaIs,> four per cent rate is fully

suffice.

Bank

Kmiikfort

close of July

(Motor

OaltlMrSt,

Oelobtraa.

RMMBf

for exportiition ha.1 bepn rather
boon taken
addition to tliat about Jfaao.OOO in sovereigns had
tntal Ices of
out for transmission to the provinces, making a
now roRulated by
nearly £7»3,(XK). As tlie va'ue of money is
important, more
the KoM movements, the above decrease is
of gold has been
supply
the
of
away
fallinR
as
the
especially

543

i2,3!i0O(K>
2.^,':49.1H)0
'.V.I -4, 000

30 10

i,"<MI

".rji 0(K)
&,501,(H>0

l.'>81i;.lH>0

V3 9I0.(MH>

196,000

26,000,0<H)

10,730,0„'0

12,581,000

23,3X1.000

12,278,000

9.,^43,0OO

2l,f26,00O

9,18-2,000

I.-S.GIS,©.'©

21,705.000

1<!,

(J)

(!)

relating to agriculture recently issued contain
which land ia
the following with regard to the manner in
being cultivated in this country
" The extension of periu,inent pasture is again remarkable,
amounting to an increase of 225,000 acreJ over 1883, and bring

The returns

:

ingthe

total

area

up

to 15,290,003 acres.

"
""
The area vmder

THE CHRONICLE.

514

arable land on the other hand is this year less by 1-14,000 acres,
about 17,175,000 acres being returned, as compared with 17,319,000 acres in 1883. The relative proportions of the whole
area of cultivated land in Groat Britain are this year
47'1 per cent under permanent pasture, 26'1 under corn
The concrops and lO'S per cent under green crops.
tinued decrease of arable land and increase in permanent pasture is again referred to by the collectors as being due
not alone to the laying down in grass of laud newly reclaimed
and enclosed in various districts, but in great measure also to
the transition from one system of farming to another that has
been gradually taking place. The low prices of corn, and tlie
more remunerative character of stock farming insisted on in
the present day by those best qualified to judge of the question, appear to render it matter for congratulation rather than
otherwise that acquiescence in the altered conditions of farming seems to be gaining ground, more especially when the
great interest which the people of this country have in increased
home production of meat is borne in mind."
The following return shows the extent of the sales of homegrown produce in the 187 principal markets of England and
Wales during the first eight weeks of the seaison, together with
the average prices realized, compared with the corresponding
period last season

:

SA^LES.

:883.

1P82.

.'192,153

541,958

306.5:2

625,030
86,901

-tKo-'iGl

233,75(1

130,501

31.782

37<,922
161,966
42.741

1832.

1831.

1884.

Wlieat
Barley

qra.

Oats

1831.

AVERAGE PRICES.
1381.
«.

1833.

d

a.

d.

d.

s.

a.

d.

40 !1
49 8
33 5
41 8
35 4
31 9
32 1
33 10
21 6
19 9
20 5
21
Converting quarters of wheat into cwts., the total sales in

Wheat

perqr.

Barley
Oats

1884.
owt.

1883.

8,5j3,3j)

7,9j5,:j8t

1832.
6.874,000

The following return shows the extent
cereal produce into the United

weeks

1881.

6,181,320

of the imports of

Kingdom during

the

first

eight

home-grown wheat, and the
English wheat, and other items, compared

of the season, the sales of

average price of
with last season:

IMrOBTS.
1881
1883
owt. 10,2r'8,77."i 12n(ii,3i0

'

Wheat
BarlBy
Oats
Peas

13R'7
14,2i>0.872

1881.
10.204. 1'ol

3,561, 3">6

3 306,^)73

1,916933

1,

1,883.022

l,U14,.'^0l

81,797
429,4 >7

1,125.080
101.711
185,278

1.9i>7,990

2>7,608
5>w,2K6
3.225,:5:i

.',174,237
2.351,ii03

Beans
Indian corn
riour

2.596,oSst

149.938

167,051
318, '282
5.iU3,223

2.320,3^8
1712,225
Supplies of wheat and flour avail.ihle for consumption In ei^ht weeks
(stoclis Sept 1 not beiuK inuiiidedl as follow.i:
1884.
1883.
1882.
1881.
Imports of wheat. owt.lfi,2S8,775 1^.061.596 14,200,872 10,"0 1,151
Imports of flour
2,320,323
1,742,225
2,4;7,5a3 2,351,008
Bales of home-^own
produce
8,f53,350
7.905.384
6,374,000
6,451,320
2.42-,593

XXXIX.

EasIlsiU Market Reports— Per Cable.
The daily closing quotations for securities, &c,, at London,
and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending Nov. 14
:

London.

50 '4
100 14

50%

50
1003i8 100 "rf

no^^

45 U

common

stock...
UUuuis Central

Erie,

45

7-iu

7658

13%

13>4

m^a

II8I2

53 14

Pennsylvania
Philadelphia & Reading
^few York Central

11%

89

87 14

Fri.

19%
100%
100%

49iljs

76 >«

45
75 ^2

1338
117^8

134

I0(,9ia

111-2

88^
rive«.

10013,8
78-45
II6I4
1251a
4515
77i«
1331

45H
-6I4
13%

118%

118

117?i

53%

Literpool.

Klonr (ex. State). 100 lb. 10
Wheat, Ko. 1, wh. "
6
Spring, No. 2, n. "
6
Winter, South, n "
9
Winter, West., n "
6
"
Cal,, No. 1
7
"
Cal., No. 2
Corn, mix., old... "
Oorn, mix., new.. "
Pork, West. mess.. 9 bbl
Bacon, long clear ..
Beef, pr. mess, new.^ tc
Lard, prime West. ^ cwt
Oaeese.Am. choice

Thura.

100 Is

45M

5234

11»3

(.

Wed.
lO's

1007;, 100%
100%
78-25
7S27's 78-17's 78-2-.
II718
II718
.XIGI4
ll-in
12=. 1.3
I25I11
12539
125;.s

Pr'oh rentes (in Par;s) fr 7S-45
U.S. 4is8of 1891
117's
D. 8. 48 of 1907
125 1«

Canadian PaciUo
Clilo. Mil. &8t. Paul...

Tua.

Ifon.

Sat.

d

per oz
Oocsols formoney
Consols for accoimt

atlver,

534

x52%

11=8
8834

11^8

12

89%

9114

Wed.

Thurs.

d.

d

a.

d.

*.

d.

a.

d.

9
8

9
8

10
6

9

10

9

K

6

H

10
6

9
8

7

7

6

«

<>

8

8
G

9

6
9

7
8
7

li

1

tt

S
6

9
6

8

6

1

7

1

7

1

7

6

7
Oij

«
5

7

5

5
5

OU

66
48
31
38

5

01?
5

5

66
47

«

HI

38

3

3

SI

;go

6
7
6
5

5234

a.

1

7
413
31a

66
47 6
81
38 6

5
66
46
81
38

61

62

5

d.

10 9

5

6

ePommcvcial nml pUscellaueuus g^cws
National Banks.— The following national banks have lately
been organized:
3,263— The First National Bank of the City of Independence. la. Capital
$100,000. Kichard Cimpbcll, President
George B. Warne
;

Cashier.

the whole kingdom are estimated as follows:

Wheat

[Vol.

Imports and Exports for the Week.—The imports of last
week, compared with those of the preceding week, show
a decrease in dry goods and an increase in general merchandise.
The total imports were $8,036,031, against 18,144,039 the preceding week and .$6,261,113 two weeks previous. The exports
for the week ended Nov. 11 amounted to $5,513,248, against
$6,778,244 last week and $6,879,870 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Nov. 6 and for the week ending (for general
merchandise) Nov. 7 also totals since the beginning of the
;

first

week

in January:

FOKEION IMPOKTS Ar
1881.

1882.

D y goods
G n'Tmer'dlse..

t'.,6t-2.999

*1, 785,1 91

Total

MneeJan.

18,427,696

1883.

1884.

$1,411,555
6,624,506
JS,036,061

8,J21,613

7,137,085

$1,705,504
6.791,022

»0,864,612

$8,922,276

$8,490,526

1.

ry goods
Total
21,C63,718 2?, 320,889 23,395,2.0
itrice of English
wneatforseaaon.qrs.
33s. 5d.
4l8. Sd.
40s. Od.
Visible supply of wheat
1)uah.31.0in.000 29.875.000 11.500,000
lntheU.8
AfloattoU.K
1,790,000
1,813,000
a's- 1.793,000

NEW TOKK.

For Week.

Qen'Imer'diBe..

$99,695,332 fn7,977,379 «1 09,611.915 $102,850,492
23;ji,307,0L^8 317,561,073
288,116,265 208,539,110

Av'ce

49s. 81.

2.179,000

returns the deliveries of homeupon a very large scale. They are in
fact more extensive than they have been for some seasons
past.
In the 187 principal markets of England and Wales,
they amounted last week to 1.51,108 quarters, against 131,132

According to the

grown

iotal 45 weeks. *383,002,43J

$135 53.1,052 $398,023,180 $371,389,902

10,'25n,0n0

official

barley continue

quarters last j'ear; while in the corresponding period of 1883
they were only 80,628 quarters, in 18S1, 02,929 quarters, and
in 1880, 82,164 quarters. The total for the first eiglt weeks of
the current season is now 03o,030 quarters, against 465,561
quarters, showing an increase of 159,469 quarters, while according to the usual calculation tho sales in the entire Kingdom during the last eight weeks have been 2,083,430 quarters,
against 1,551,780 quarters in 1883.
The increase is therefore
Unlike wheat, which shows an
as much as 531,580 quarters.
average decline compared with last year of 7s. 4d. per quarter,
the reduction in the value of barley is not more than Is. 9d, per
quarter and the average price is low, being only 32s. Id. for the
season, against 333. lOd. in 1883. The increase in the deliver-

home-grown wheat in the 187 principal markets of
England and Wales during the first eight weeks of the season has

In our report of the dry goods trade will be found the imports of dry goods for one

week

later.

The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Nov. 11, 1884, and from January 1 to date:
ISXPOBra

FROH NEW YORK FOB TBB WSEB.

1881.

For the week...
Prev. reported..

1884.

1883.

1882.

*7.005.219
$P,95?,''J3
323,511, B59| 290,-.;31,55l

*7.193,780
3M, 102,409

$5,543, ?48

273,594.740

Total 45 weeks. $3S0, 516,878*297,190,377 $308,296,189 $279,137,988

The following
at the port of

since

January

shows the exports and imports of specie
for the week ending Nov. 8, and
1884, and for the correeponding periods in

table

New York
1,

1883 and 1882:

EXPORTS AMD IMPORTS OF SPKCIK AT
Exporta,

NEW

YORK.
Jmporta.

Oold.

Week.

SineeJan.l.

Week.

Si7ieeJan.l.

ies of

been only 47,000 quarters, while the average price obtained
during that period has been only 33s. 5d., against 40a. 9d. per
quarter in 188
There are large quantities of foreign barley
on passage to tu country, but on the other hand our importations of Indian coi are small, and thLs fact should give some
firmness to the market for feeding stuffs.
.

(}reat Britain

France

Germany
West Indies
Mexico
South Anjerica
All other countries

,

$6,500 $26,481,370
4,352,821
1,660,420
3,888,014
7.800
790,551
11,000
771,101

$975,854
27,985
139,479
5,520
1,300

J6.031,400
2,440,583
2.561,984
4,203,660
11.114
283,868
30,186

'

Tetal 1884
Total 1883
Total 1882

P 17,500

7.550
2,500

$37,952,086 $1,150,138 $15,."^62,795
576.093 1,872,910 12,623,586
2,793,27
262,729
33,829.854!

NOYBMBXR

r

:

.

THE CHRONICLE.

IS, 1884.]

A
&

Import:

Xtporlt.

miver.

SItueJan.

Week.

OTVUI

2.500

Weat

Iiiillea

A.U other countries .

36,311
3,950
3,600

l,888,7;ll

»le4,2.'iO *ll,a60,41>9
243,301 l;l,826,377;

~»49,36]

9,7^8,204'

16,016

»3,I08,n43
5,266,076
2,222.095

.

Total 1884
Total 1883
Total 1882

46 .100
0\8.608

f'.odo

208,817
67.684
83,092

Mexico
Bontb AmeHcB

«2.28.t
8 13

9

844.148'
168,74S
58,641

13.9.^0

ShieeJan.l.

Week.

1.

$147,800 «10,428.272{

Hlltlklll

SO.OOO

259.lt 11

46.315

ll.M9n

Of tlie above imports for the week in 1884, $38,324 were
American gold coin and iJi.SOO American silver coin. Of the
exports during the same time, $11,000 were American gold
coin.

—

St'B-TRE.vsuRY. The following table shows the receipts
at the Sub-Treasurj- in tliis city, as well as the
balances in the same. for each day of the past week

U.

.S.

and payments

Pajftnentt.

»

Coin.

S
694,441 26
1,375.99.5 80
1.045.227 27
1.126.377 82

$

8.

067.883 IS

10.
11.
12.
13.
14.

1,373,S3J 27
1.396,8iS0 51
1.030,293 47
1,664,510 77
1,204,291 63

1.893,173 71 125,833,.559 98
1,807,785 66 125.679,531 01

Total...

7,637,667 78

8,143,001 52

Mov.
••

"
"
"
••

126.129,3(;7 40
126.10">.;U4 17

8.9.52.677 85

8,975,038
9.J81.128
9.116,015
9,323,698
8,874,230

126.147,577 80
126.26^.876 3-i

Oregon & Trans-Continental Co.— The following
was issued to stockholders under date of Nov. 11

5.')

16

23
69
60

circuit

:

"Xtt January last this pompaiiy borrowed $3,016,250. and Iseued
therefor 183 uote.s of ^3,7.=>0 eiicb. pledging with each note as Bppurity
500 sliarcs of Oregon Kailway ic Navigation Co. stooR at $50. 3O0
BhareR of Northern Pacific preferred stock at $'Z5, and 500 shares of
NorthtTU Pacific ccnmiou at .$12 .W per share.
"To lie holder of each note was given until Nov. 1, 1884. the light
to piirchivse 250 shares of the O. K. & N. stock at $100. 230.ibares of
Northern Pacific preferred stock at $50, and 250 shares of Northern
Pacific common stuck at $25.
The notes bore intercut at the rat'* of
eix per cent per aumim, payable every (tO) days. It was agreed that a
bonus of eight liundred thousand dollar.s in Oregon & C.vlifornia Kaliroad Co. second mortgage bonds sliould be paid at maturity of the notes,
and that said bonds should be worth at that time not les"* than ;0 per
cent, making the bouns on the loan not less than five ]>er cent lu cash.
"The notes matnre on the 3l8i day of December, 18S I. Options have
"been exercised in connection with this loan to the amonut of 12,7o()
«hares Northern PaciHe preferr d stock at $50, reducing the notts
$637. ."lOO. leaving due on the said notes, eay, $7.3<;8.750. ihecompaiiy
owes in uddiliou to tiie roniainder of these notes, after deducting cash
on hand, as will be seen liy the aceompanving statement, .$J. Oil, 750,
making a total indebtedness of $10,J8O,.7O0." - • • '• The directors
consider that it is best for the interests of the 8tockh(dder8 that they
ahould furnish the money now reiiuired on the notes of the company
for one year on the following plan
The company to make 2,000 notes of $3.0C0 each and pledge with
t

:

.each note.

70 shares Oregon Railway &

40 shares North- ju
40 shaies Northern

Navi:j'atiOD stock at $50
Paeitio prefeired stock at $25
Pacillc common stock at .$12 50

$.3,500

l.OOO

500

Total
$5.0(K)
The stocks to be deposited wllh the Farmers' Loan & Trust Company
to secure each note. The holder of each note to have tberigijtto
at any time up to Nov. 1, 1S85
Kailway & Navigation at $100
shares Northern Pacifio preferred at .$50
20 shares Northern Paeitio common at $25

purchase

:

^5 share."; Oregon

$3..'iO<)

20

1,000

600

Total

$5,000

or any of the foregoing lots at tha prices stated, and apply the amount
to the paymont of his note.
The notes, payable Dec. 31, 1885, with
intere.'*L at the rate of eight per cent per annum, i)ayaljle quarterly, are
offered to stockhold'-rs of record at the closing of the books on the 24tli
day ot this month In proportion to the amount of stock held by them.
'Stockholders are entitled to twenty-flve per cent of their holdings of
stock if the whole amount or more is subFcribed for, but subset Iptloiis
may be maJe for such amount beyond their rights as they may wish.
Should a sufllcient number of stockholders desire to subscriba for
amounis less than $3,000. but not less than $1,000 or multiples thereof,
an efTort will be made to accommodate them.
Rights of stock not
taken by Dee. 1. lc)84, will be disposed of as the directors may see fit.
Subscriptions to be paid into the Farmers' Loau&Trust Company on
or before the 30tli of December. Interest at rate ot five per cent per
annum to be aUowed on amounts paid in before that date. The notes
to b« delivered December 31." • • •
Elijah Smith, President.

ASSETS

Oregon Railway

..t

KOVEMnEE

Nav

Northern Pacific KR.,pref.. 90.750
Northern PaciHe KR.. eom.112,119

& Trans-Continental Co.
Mil. & h. WUne. Rl!., pref
Do.
do.
com.
.St. Paul & North. Pae. RR.
Or. I.&S.Co.(eo8t$l50.000)
Or. & California RR., pref..
Or.

i>o.

do.

com..

1884.

N. Y. C^ty

&

N.

RR.

39.000

Portland Hotel (unfln)..
Pug. 8d. 8h. RR.(unenc).
Cedar River K-Mtenslon.
Ja'BtwniN.RK.(iinlln.)
Claims against Individ..
Claims against coi-pora-

2.775
2,260

797
1,500

50
400
1

150.(X)0

773.000
333,000
95.000
42,000

tl"ns(una^'t'd) about, 3 ,000.000

Cash on hand
LIABILITIES KOVE.UBKR 1,1881.
Capital stock (100.000
Blllapayable
snare?)
$10,000,000 Audited claims
|

|

&

360,000
$10,635,.50O

105,000

" There are bonds outstanding of the Oregon & Trans-Continental Company amounting to ?9,.5.'53,000, against which an
equal amount of first mortgage bonds of the Northern Pacific
Eailroad branch roads, at i'30.000 per mile, are held by the
Parmers' Loan & Trust Company, tnistee, which bonds, according to agreements made with the Northern Pacific RR. Co. are
practically guaranteed, principal and interest, by that company. If the settlement of Oregon & California lease matter is

& Reading:— Central

Philadelphia

of

New Jersef.— At

Philadelphia, Nov. 12, the board of directors of the R«idinK
Railroad Company adjourned after finding that the next dirt
dend of the Jersey Central Railroad could not be dijclared.
One of the receivers refused positively to give his consent to
paying the dividend. It is understooa that a meeting of tlie
Jersey Central {stockholders is to be called to consider what
action is to be taken.
St, Joseph & Western.— At a meeting of stock and bond
holders in New York last week, a (.'ommittee of five, consisting of Messrs. S. Borg, J. M. Lichtenauer, J. S. St inton, W.
C. Hill and Henry Allen, were appointed to present a plan for
the re-organization of tlie road.
St. Paul & N. Pacific
outstanding lx)nds of the

Panl & Northern Pacinc—The
surrender of

tlie

tlie

$140,000 mortgage for payment. The interest on these bonds
will cease after April 30, 188.5.
This mortgage was made by
the old Western Railroad of Minnesota. The St. Paul
Northern Pacific recently made full payment of the $100,000
mortgage of the Western Minnesota Company.

X

—

Texas Central. This company has executed a general
mortgage to secure an issue of 6 per cent bonds at the rate of
$25,000 per mile. The new bonds are to be used to retire existing issues and to provide funds for extensions and improvements of the road. The company, wluch is controlled Dy the
Houston & Texas Central Company, owns 22J miles of completed road.

—

Virginia & Carolina. In pursuance of an ordinanca
adopted by the City Council of the City of Petersburg, Va.,
the City Treasurer ha.s issued to the Virginia & Carolina ER.
Company $100,000 of City of Petersburg bonds, to aid in the
construction of the road from Petersburg to Wards, North
Carolina. The bonds of the city are d.ated July 1. 1883, and
are payable thirty years after date. They bear'O per cent interest, payable semi-annually.
The legality of the charter of
the Virginia & Carolina Railroad is to be tested by persons in
Dinwiddle County, through which the road is to run.
Wisconsin Central. This company's new line to St. Paul
will be completed and ready for operation in about twenty
days. The Central's contracts with the Duluth and Manitoba
roads, over whose tracks an entrance to the city of St. Paul is
to be effected, have been approved and signed by all parties
concerned. The Wisconsin Central officials are confident that
the new line will be ready for operation into St. Paul by Dec. 1.
The company's contracts with the Duluth and Manitoba roads
are for a term of twenty-five years, with provisions for their
renewal at the expiration of that time should it be desired.
The attention of investors is directed to the card of the
Corbin Banking Coiuiiany in the advertising columns of the
Chronicle. This company has been engaged for many years
in taking mortgages at profitable rates of interest on Western
farm property and negotiating the same by sale to private
investors. The company has had remarkable success in tliis
business, by making its loans with care, and the parties who
have purchased these bonds from the Corbin Banking Co.
are apparently so well satisfied that they commend the loans
heartily to other investors. The company furnishes in neat
little pamphlets complete information about its loans, the

—

—

details of the business, and testimonials from those who have
invested in these mortgage bonds for a number of years
past.

—

&

The Now York Stationery
Envelope Co., 62 John Street,
advertise in another column a copying book which they claim
must win general favor in business circles as its merits become
known. By some process, known only to the manufacturers,
a perpetually moist book is produced; water and brush can be
dispensed with, and uniform and distinct copies quickly made.
The claims of the book are vouched for by cashiers of prominent banks and others.

—The Homstake Mining Co. announces

its

seventy-fifth div-

payable at San Francisco or at the tranater
agency of Messrs. Lounsbery & Co., 15 Broad St., N. Y,
idend of

$'35,000,

Ist

mortgage bonds

."^.OOO

Wisconsin Cent RR.. com.. 18,714
.

1,

Or.& Cal.RR.. 2d m.b'ds.$l ,170.000
Or. Improve. Co. notes..
518.000
Lands, estimated value.
230.000

Shares.
14.5.292

;

&

hns asked for

Ourreney.

$

carried out, the aMMsts of the O.
T. Co. will be roduced totha
extent of the $1,170,000 of O.
C. RR. Co. Moond mortgaM
bonds, which were u.se(l in the settlement if the MtUeiiunatli
not carried out, the O.
T. (U,. will !« liable for $400,000,
which it has agreed to pay for $W),0(K) of O.
C, BR. Co.
second mortgage bonds, which are held bv the syndicate which
took the O. & T. Co. $8,000,000 loan, dueDecembcr 31, 1894."

St.

Balances.
Reeeiplt.

Dale.

545

—

Auction Sales. The following, seldom or never sold at the
Stock Exchange, were sold at auction this week by Meaars.
Adrian H. Muller & Son:
Shares.

60 Carter Medicine Co
153
6 American Exch. Nat. Bk.115
20 7th Ward Bank
95
5 Manufact'rs

&

Builders'

l!otut$.

$1,500 South Side RR. Co. of

103
Ix)ng Island. Ist, 78
$5,000 2d Ave. RR. Cou, 7g...l06'a
$50 Cbes. & Ohio RR. Co. Ist
preferred scrip
10
$20 Cbes. * Ohio BR. Co. 2d
pre'erred scrip
7

112
Fire Ins. Co
146ia
16 Union Ferry Co
K3I3 '/d Av. BR. Co.. .183»slS4a8
400 Brooklyn City RR. Co.. .216
$7,000 Bklvn. Klat'li A Coney
Is!. RR. Co., Ist, 78, due
H8 N.Y.Guar'yA Indera'y Co.lOm
»1>9
lot $2
1893
60 Manhattan Tel. Co
Bonds.
$2,000 Dr»-DoekE. B'dwayA
Battery RR.Co..6i',»crip.l03'«
$7,600 N. Y. aty 6 p.c. Cent'l
Pk. F'd.due 1887.107»8Alnt. $5,000 Kemble Coal i!k frouCo.
Cnnsol. Mertg. B'ndg. lot, 990
$3,000 Terro llaufcV Indianapolis 1st, 78, due 1893.114% $35,3.30 Mo. Kansas & Texaa
RR. Co. coup, scrip 34 to 32>«
$030 Central RR. Co. of N. J.,
6s. Conv. deb. bd. surlp. 72
$2,000 8tate of Oa. 78, Coup.
Bou is (.Mu.-t on We8t'a
$3,100 Nassau Uas-Llsht Co.
& Atlantlo RB.l.due '80.104^
Of Brooklyn, ocrtiflcate* S8
.'.

.

THE CHRONICLE.

51(5

She jankers'

39;^® 40.

The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buying

The following dividends have recently been annonnoefl

Same of Company.

Per

When

Cent.

PayabU.

Bmkt Ototed.
(

Days

iyiclusive

count
3
2

Nov.
Nov.
Nov.

15 Nov. 6 to
18
25 Nov. 13 to Nov. 19

—

the country during that week, and the remaining weeks of the
month will probably be better. But as to any decided
income of the railroads,
improvement in the
net
before
the
there has been little reason to expect it
then the lake and canal rates no
close of navigation
longer come in competition, and the trunk line managers can
;

and maintain

do so. The
a certain sense, also reduces the

rates if they determine to

close of lake navigation,

in

number of trunk lines out of New York by two, as neither
the West Shore nor the Lackawanna have any lines of their
rates

west of Buffalo, and hence a determination to maintain
by the managers of all lines west from Buffalo must

then

@5 premium

discount

)

NEW YORK, FRIDAY, NOV. 14, 1884-3 P. M.
The Money Market and Financial Situation. During the
early days of the week attention was still so deeply engrossed
with the Presidential contest that business was much neglected.
It was not until Thursday — nine days after the election— that
the public mind became satisfied that there was no longer any
uncertainty as to the result, and that there was no possibility
of a renewed performance of the wretched drama of 1870.
Nothing kills business like uncertainty, and it was this influence which put a damper on business during the past ten days.
The railroad earnings for the first week of November are
particularly unfavorable, owing to the excitement throughout

own

@

discovmt, selling i^ discount
par; Charleston buying
discount, selling par® ig
premium; Boston 5

JiC

3-16@!4'

Railroads.

Boston Concord & Mouireal pref
Catawissa pief
North Pcnus> Ivania (auar.)

XXXIX.

[Vol.

reichmarks, 94}4'®94?3 and 94J^@95; guilders, 39S^@39J^ and

Cia^ette.

DIVIDENDS.

establish

:

:'

:

settle the question.

With

the political contest settled; with the expenses of railroads reduced to the lowest point, and winter freight-rates
thoroughly maintained; with adjustments made by a number
of the princip.al corporations now embarrassed; and with the

60

New

;

premium

bank, 100

;

;

Orleans

St. Louis, 75

commercial, 50 dispremium Chicago,
;

premium.
The posted rates of leading bankers are as follows
November

14,

Si.rly

Prime banlsers' sterling bills on London.
Prime oo?nmeroial
Doeumeutar.v commercial

4 7,-^1

8

coins

—The

3978
9414

947s

following are quotations in gold for various

:

Siverelgns

S4 84
3 86
Ueichmarlcs. 4 74.

Nipoleons

XX

,52214
40i8

2.i

(guilders)

Frankfort or Bremen (reichmarks)

Coins.

4 85

4 78'ii

Paris (francs)

Amsterdam

Days Demattd,

Rl

4

.

:

XGuiiders
3 96
8 lan'h Doubloons, 15 55
Mix. Doubloons.. 15 55

F ne silver bars
Fi ne go\i\ bars
D mesi& ij dimes.

3 90
4 78

4 00
a!5 65
«15 65
09
01H9

1

—

®$4 83

®
-a
a

I

par'fl5i4

99 "a 8

prem.
par

Silver 14S and ^ss.
Five francs
Mexicau dollars..
Do uncutniiiercM.

-

Peruvian Sitles
English silver

-

8. trade dollars
O. 8. silverdollars

-

U.

-

-

99\a

par.

92 "a*
83 a

-

94>«

•413*
78 a
78 a 4 P4
86 -3
9a %* par.

—

United States Bonds. The transactions in governments
were slightly increased over the previous week, though still on a
very moderate scale. Prices were not so well sustained, and
close a trifle lower than last Friday's quotations.
The closing prices at the N. Y. Board have been aa folio w»
Interest Nov.
Periods.
8.

41*8,1891
4>«8, 1891
4s, 1907

..reg
oonp.
..reg

48,1907

oowp

3e, option U.S..
6s, cur'oy, '95..
6s, our'oy, '96.,
6s, our'oy, '97..
69, our'oy, '98..
68, our'oy. '99..

..reg.

•

This

is

Nov.

Nov.

Nov.

Nov.

Nov.

10.

11.

12

13.

14.

-Mar. *112''6 113 ,*112»9 *1 ',2^
-Mar. *lli |*ns!U -llSiSo! lIS's
.-Jan. 122%' 12110 »12138 1215p
-Jan. 122 .•I21«i! I'^lHil 12i:!i
-Feb. 'lOOiai'lO'iis loo's *1 o^
12
126 'I2li
126
rl
127 •127
127
27
'130
*130
130
iao
I

'

..reg
..reg
..reg.
reg.
.rec.

l:u
!3J

. .

•131

131

'i:u

•132

the price bid at the morning board

132
;

*11?% ll"2^

113%

•11.131
1.-1-9

ISlSg
121 »8

*l-/l=8

'lUOH 100%
•12ti

'127
•131
•132
•133

.

*12H
•127
•131
•132

IE3

no sate was made.

State and Railroad Bonds.— State bonds show small sales,
banks and trust companies overflowing with money that is
waiting for investment, it seems quite possible that there embracing $1,000 Missouri 6s, 1886, at lOtJg $3,000 South
should be a levival to some extent in Stock Exchange business Carolina Brown consol. 6-, .at 108 $1,000 Louisiana consol. at
before we see that more general revival in mercantile affairs 73 $6,000 Alabama, Class A, at 80.
Railroad bonds have been mo lerately active and irregular,
which is so greatly hoped for.
some classes advancing, liut as a rule th' tone was weak in
Rates for call loans during the week on stock and bond col- the fir.st few days, ami has since been stronger, in sympathy
The Denver firstsi and consols have recovlaterals have ranged at }^ to 2 per cent and to-day at 1 (g) 2 with stock?.
West Shore firsts h.ave not been
per cent. Prime commercial paper is quoted at 5@6 per cent. ered part of their decline.
very «ctive, and close about steady. Erie seconds have been
The Bank of England weekly statement on Thursday showed active at times, atlvanci"g early in the week and afterward
a gain in specie of £21,000, and the percentage of reserve to declining, but closing to-day at 5U.<, against .501.2 last Friday.
liabilities
was 3i)'}{, against 34 5-16 last week
the dis- West Shore 5s close at 40''4, against 40/^ Denver & Rio
76i^ bid
do. consols at 46,
count rate remains at 5 per cent. The Bank of France lost Grande firsts at 781^. against
;

;

;

;

;

:

and gained 500,000 francs in silver.
The New York Clearing House banks, in their statement of
Nov. 8, showed an increase in surplus reserve of $2,914,025,
10,500.000 francs in gold

the Burplus being $34,185,475, against $31,271,450 the previous

week.

1884.
Nov. 8.

Differ'nccfi fr^m
Previous Weelc.

1883.
Nov. ,0.

1882.
Xov. 11.

^2'iri.28-.00'
?0. 1(10,301

Cnrcnlation...
Net deposits..
Le;;al tenders.

Dec. 511. 4.30.200 $121,944.900 $31 5.4-4, 'ZO.i
ine. 2,7;i(i,7.>0|
54,195.9^(1
4S.82.J.50
l-2.SO0.2»0 Dee.
18i,l00
l.=..4(J!i,5 !
ls.(ib3,'i..i
317.081. IOC Inc. 1091,700 310.,-9!,7O0i 283.2i)i-,"0
33.28'.',7 I' inc.
451.000
25,'.93.30;'|
1>;.95<,10I)

Lo!ral reserve
Reserve held.

if27r!.67.$79.271, 02,=l rnc
113,4,5o,500 Inc. 3,187,700

Surplus

$31,12.1,17

Bpocie

;

;

&

;

Railroad and Miscellaneous Stocks.- The stock market
has presented some peculiar features the past weelc there was
no decided or important movem nt one way or the other for
several days, but prices fluctuated up or down, according to the
:

The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks.

Loans and (lis.

against 43 bid East Tennessee incomes, after considerable
sales, close at 121^, against 11}<; Erie cnsol. gold 7s at Ill's
bid, against lOO'T^
Mo. Kansas
Texas general mort. 6s at
do. consol. 7s at lOOJg, against 100.
701.^, against 67

1

I

.

Inc..$?,91!,02.'

Sp77.6l8.43.lt $7i->,801.55

79,383.2001

ti7,

1

7(i,6u0

$I,74 0,77.'idr.f3.0-21.n.-,0

influence of local operations, which were directed toward individual stocks and bad but a secondary effect on tlie general
market. The speculation early in the week was very irregular,
but generally showed a downward tendency. Afterwards
more strength was manifested, and on Thursday the whole list
advanced steadily, and the improvement was continued to-day
until the highest prices were reached that have been made for

some days

past.

In the general railroad situation there is little new to report.
Th? war in westbound passenger rates continues, and a further cut was made early in the week; but this is getting to be
an old story, and it also exerts less influence from the fact
that the (lilHculties may lie settled any djiy, and in all protiability must be settled soon.
A meeting of trunk line presidents
this week ordered the maintenance of all east-bound freight
rates from Chicago, which had become demoralized, and were
actually much below the tariff of 25 cents per 100 lbs.
Considerable interest has been shown in the speculation
in Union Pacific, the weakness of which, noted last week, was
continued for a few days; but latterly it has advanced on
favorable statements made by President Adams and reported

Exchange.—Sterling exchange was again dull and unsettled,
and the inquiry limited. Bankers' posted rates were reduced
J^e. on Monday, but on Thursday the rate for long bills w.-is
advanced J^c, narrowing the difference between long and
sight bills, and to-day, Friday, another advance of 1.^ cent was
made on both long and short sterling. Commercial bills were
buying by Gould paities.
in limited supply, but bankers' bills were freely offered early
Xi e Reading-Jersej- Central difficulties are still unsettled,
in the week.
and it seems to be generally conceded now that the dividend
To-day the ratss on actual business were as follows, viz.
cannot be met on Dec. 1 unless the managers in some way
Bankers' 60 days sterling, 4 85^^'® 4 80}^; demand,4 84<a4 8414^ borrow the money to pay it: the receivers have declined to
pay the dividend.
Cables, 4 84%® 4 85. Commercial bills were 4 78@4 78}^. ConAt the close to-day the tone of the market was strong and
tinental bills were Francs, 5 25® 5 25^^ and 5 22i^@5
prices at or near the highest points reached.
:

23Jg;

NOVRUBER

1884

15,

1

....

.

THE CHIIONICLE

J

YORK STOCK EX.CUANUE

iNEkV

PKICEi!)

647

FOR WEEK ENUINM WOV.

HIQHBST AND LOWKST PRICBS.
STOCKS

Monday,

ettOTiiky,

Nov.

Nov.

H.

Tueaday,
Nov. 11.

11).

Nov.

la.

A

I

Cau;i<1iull Ptidtlc

Onlnil

New

Jersey

railllo

Clio.->aIi»-ake Ji

Olilraffn

ad prcf...
Alton

A

C'llliOKi) liinliiiKlixi

CliicftKO

•0

31
U«»

41^

4'J>8

A

Milwuukeo

Qnlnc.r.

prof.

lio

Kock IslantI ** Pacific'
St. I>oui» lit I'lttaburs
Do
P"!f.
ClilcRKO St. I'aul Minn. Jt Om..

CtiicaKo

CUicaRO

Do

11

pref.

•8

9"a

41

41'8
'a

34T8I

•D'4
•9 "a

11

•O^

8

«H.

•43
•80

..

"9>i"0Hi
41><i 42>a
32 >8 84^
5

10

•a^

A
lOH)
8

xl'JO 128

lii'u
73'a

ii»u

H.1'9

«.j;i8

'i'-i

i*aul
prcf. lll.'i'alUl'-j

fc^l.

Do
CbkaKO .« North wesUTIl

43 Hi •43
29 >a 8U
84

11
•B^S

iMtpref..

iV.

•43"

l'j;iH, i'J4

lUaBlll^
*7

(",i

'.

(land

A

hlji-j

*

Evan»v;Ue * Terro Hnnto
lirefn liay Winona tt St. Panl
ilarlt-ui

.

prur

114

Illinois (.'entral

Do

& WeaVn

I.;ik«'

Westoru

A.

i.jiki! l-:rie

aCa

2714

80 "a 80

30
113^1 113>a 114

80
113

12

1'^

11>4

III4

(i3»8

l)dl4

inland

i

Lonisville

it Na.-itivtll©

I.oui.'<\ille

?>'

Manhattan

a4'8 •^4=a

ew Albany A

22>a

common.

'

COU.S0I...

Michi;<an Centnd
Milwaukee L. shore

Do

Minneapolis

Do

A

70»8

69H)

G9'a

71

>8

<t

60

931a
'53

69

A

pi-ef.

.

.

.

.

.

Do

"8 3 'a

15'4

13^4

90 »8 91',

85^4

Ohio Central
Ohio iV Mississippi
Ohio Southern
Oregon short Line

8
127

126" 12

II9I4

831a

7434

9%

106% 105 >4

1U4
85 14

86% 87%
123

10934 10934

111%

124
lll^a

•7
•IBlj

•7

•16% 18

8

8
18

86

88

63
4
Ola

9%
55
4
BHi

28

29
88% 89
36
35

88

103% 104 'a ioiig 10534
99>«

9 'a

4

43s

•114

•23
116

32
115

9%

68iV

7%

32
32

i"

7U%

I'-iO^a l'^'2

271a 273,

13712 137 "a
102 ig 10334

6

10% 10%
'6% 8

lOlj

2713

4%

34

II5I4

ii'I'-i

62%

64

2334

21%

71% 72
"25"

04

24% 24%

70

14'.

13'8 141.
91"8 91'8

'W

8

-34
35
36
35
83 'a 85 >» 81-^ 86

12=8
2UI4

la-'s

12=4

27

SB's
13>8
27

20',

2U% 20^

IOI4

IOI4

10

10

10

10

lli-j

12

ll^

11'4

III4

III4

2=>9

3Hi
10^4

l'^»8

il'-2

'•34 "'

85%

Trans.Continental...

asi^

10

18"9

•17 "a

18»4

41-'>8

4-2HJ

ri>a

13

23%

•23

2

'4

214

lli'8

Its'*

212
4,353
237,580
33(1

207,207
2.(H)()

l,'i78

2,800

I7I4

lz3j

I214

12=8

179% 180
10

•11
• 238

•9%

22,772
100

pref
1 St pref

A

A

Pacille
Pacille
Wabash St .louis

•11%..

3%
103,

•20
•39

3%

-9% 10

18%

18% 18%
42

21.

2%

1234

13%

27%

19.690

'27%

615
502

1138

11»8

•t'^

3%

•18

42%
2%
1U%

4238
2i<

12 14
13
2'234

12

121,

'ii'^i'.'.'.'.'.'.

80 34

80^4

4'J'>8

80

8-8

9 -a

9

47»8

48%

1134

Ill*

49-%
•4'a......
11'4

84

8.')l4

Si's

16^8

'48^8

'

110

110

Adams

130

American

y2'^
•51

110

10% la^
09
«9
48 'a 49
108 "a 109

51

Wa
4 9 "a

108

70
60
108 'a

4'a

30
50 »4
135
a-2'-i

64
110

18%

687

43.,

25,727

23k
IV

l.'24(I

10

350

133^

li',39U

12%

V2->i

430

223.4

2234

23

23

21%
39% 40%

56 'a 67=4
130
93
-01

1U6

88
82
9 'a

49%
•4%

•11

82
938

51

'5
1134

81
9 'a

"-.i

1,100

135
93
64
110

57 la 58=4

130
93

61

106

133
94
54
110

2%

22

730
1,600

388

82

82

83

165
1,310
7,870
249,222

934

H

61% 53%
•5
...
11% 11%

A

86%
13%

8
87 »8
14

1,760

17

18%

350

73
71% 71% 70% 71% 72
50
61% 5934 61% 51
51%
lo8%108% 199 109 109% 110
•3
•3
4%
4%

1,240
27,231
2,479

130
9134

51

105

59

9134

130
94

54

•51

110

106

13.-

60

135
95
61
110

134
91
•51

•105

61%

Saratoga

144
9>4

Mining

19

91
55
110

193a

:

no sale was ma^le at the Board.

144

19%
t

Lower price

84 ««

8«

48% e«%
47% 71%
10
17%
«8% 00
88

23

33%
86%

14>.

37

137%
129%
91% 108%

128

I16«,

116

1-22%

116% 140%
134

167

116%
lOH
88
30

127%
22
67 »4
66

1

6
7

166,735

36
67

Jan.

4

Aug. 26

93% Apr.

7

4

10

Feb.

11

7

31

Oct.

2'.

16
44

7% June 2;-

Aug. 21
Aug. 22
Mar. 18
Jan. 11
Apr. 15
Jan.

Apr. 10

18%Jau.

7
17 J une 21 36% Feb. 11
9%Juue2'i 23% Jan. 5
63% May 2i 100 June 21
6% June '2(1 1334 Mar. 24

116
3ft

June 27 127
Juiio2« 58
7 122

83% Nov.

Jan. 29
15

.iuly

1

9
83

May

14

2034 Feb. 14

.lune2K
11% June 27

20

Jane 27
J une 24

Mi^i.pr. 1'.'
283^1 an. 5
71 Mar. 8
17% Apr. 4

July

7 184

J une 2"
Oct. 9

9%Ang.2(i
10
21
14

Jan.

-29

Nov. 3
June27
37%Jnne'27
l«8Juuels

14% May
6

U

Junel*.

Aug.

t-

16%
6

'2034

Juno2(l

l''8Julv'24
Oct. 18

'24

14
18
70

Jnu»2:
July

3

16%
60
96

18 s

92%

88 ><

30
38
80
38

68
68 'g
90
68

40% 68%

12% 80%
66

32
76
77

95%
100%
18

10
35
163,

33

19%
86
10
120

7
1334

14
10
32

Jan.

23 S'

Oct.

17
7

Mar. 22
7

Aug. 20
Jan. 11
Feb. 14
Feb. 1;
Feb. 4

Mar. 21
Mar. 17
Feb.

6

49^1

2
21

32

19

28

12

46 >4

16%

4

47
21

73

14

23
34
85
103

3»

15
35
80

20%
40
87
33
90
94

Apr. 10

June3(:

3234

Jan

113

Julyli

90
99

5%June27
28
4
9
49

J one 31

June2^

!•

Jan. 26
Jan. 7
'22% Feb. 1!
84% Feb. IB
1934 Jan. 7
32 Jan. 6

May 2(,
May IK 61% Jan.

7

31

May It
May 24

90
3>4Jaue3i
20 Juno '21
49 May l4

170

Fob.

12 Jan.
5634 Mar.
117 Jan.
6% Feb.
32% Feb.

98

May 2b

Feb.

62

Jnno23 80% Jan.
Oct. 23

115

10

Jane 13 152

97%

V 43

70%

19434

36%
16
29% 57%
57

60%

14
102 H

112%

89%

25
126

66
90
28

91%

30

46%
88%

150
4434
112>« 134
9%
6

78% Feb.

Apr.
Jnlyl.-> 137
Star.
J une 21 102
May 17 61% Feb.

40 'a

169%

15
63

65% Jan.

87
46

17

36%
5»%
100%

118% 140%

1
Oct. 17 12734 Apr.
7 J one 2; 17% Mar.
8234 Oct. If 114 Feb.
10 May It) 17%Jan.

834Jnuc2>
6034Juue2(

61%

1291. 188

l^

96%

14%

29% 89

Mar.

1.'.

53%
90%
3634
1434

7

50

70
13

8%
2134
18
49>4

3
Feb. l^
7
7

15%

35

183

4',

169

29%AUK.2w

21'

34'%

106%
19%
129%

89%
26', 40%
83
72
17% 52%

ll%Juue2t

7B%Oct.

48%
30'4
68%

83 3,

24% juue3(t

May

33%

1147«

68

16%

Nov. 1 60% Feb. 2;-:
June3( 135 Apr. 14
July 3
Juuo2i;

148

17% 86%

1

25% Mar.

5
81
32

10 '8

84%

77

7

4 % Sept. 5

173,

124

Ian.

6%Jnn©2H 34%Jau.
7

82%

Slay

57%Jnn.
1 1 34
•24

60

Feb. 28
Feb. IB

18%
12% Nov.
42
27

28

76

60111
64%
Mar. 14
Mar. 13 111% 1-29%

10%Feb.

5

2%

4% 11%

11%
46
6

713,

128% 136
88
661s

113
7

78%

94%
66%

128
8434

Oct. 25

Feb. 16 iVo" ifio"
49%
23% Oct. 7 21iaSept.22 38
68%
38 Fob. 11 83 Feb. 11 31
138
37 Apr. 12 145 Mar. 4 188
25
22 Oct. 14 ,24 Oct. 6: 13
106
100 115 Jnne24 130 June 13 90
May 15 90 Jan. 9 96 112%
'iiz 138 June 18 146% Apr. 18 139% 145%
192% Jan. 8; 193% Mai. 21 187% 197
81%
20
15 Jnly 29 21 Jan. 24
19
8
100
8 Mar. 25 11 Jan. 4
17
lu
9 Juue 9 15 Feb. •21
"75 14 May 10 29% Jan. 29 18
36 <•
864 Feb. 19 26 k Feb. 19 '2tfU 380^

Co;il

and asked

Mar.

20% Jan.

94% Mar.

122% Jan.

325

934

19

86

June 27

8* 123

1,34

..

TtiOHe are the prices bid

200

30

'

Companies of N. J

Pennsjivania

100
200
300

4

8

58% 59%

7
S
8%
185 Nov. 14
51
Jan. 4
140 Feb. 1:

6134

10
142

VirKiuia Mldl.-ind
Honie>t ke Mining Co
Mar:*}irjd <.'oal
Ontario silver

450
200

4
8
84% 85

ir>

85

334

87

50% 51%
5
5
11% 11%
54% 64%

15

Jan.
Feb.

65
79
24
June 27 40
June 30 103

32
12

•84

9 -•a

8% Feb.
14% Feb.
61

A us. '20

10
23

2% May '24

88

30
60

14

JnnoI*2

10 Nov...
40 Jan. '22
82 Jan. 21
42 Jan. 23
69 % Nov. K

120

40% 41

22

•7

85

'26

22% June

834

1234

13

Columbia .\r (ireenville, pref...
Joliet A Chicapo
IionisianaA lito. River
New York Elevatecl
Ohio A Missi.ssijipt, prof
Rensselaer

900

12=8

7
8

67 '8

United States
Wells, FarRO A Co
I N V CT 1 V E !-TOC' KS.
A tchi.-ou Topeka A Santa Fo.
Run. Plttsi). A Wcst'n, pref...
Chicapo A .Alton. Jiref

49

9iii

8

•3

t'leveland

7!l'a
80-<6

"a

•7

pref

Western Union TeleKrapb

80

80^8

•4>a

..

Car Co

»ih

6

100

12%

2%

841a

8% May

8
17 175
1,490
7

13

21

•11

Id's

600

"193

•9% 10

2 "a

22 "4
41

-2

Quicksilver Mining

A

2%

....

10

•8%

Pacific
pref-

Mutual Uinon Tele^raith
New "^'ork A Texas Laud Co
Oi-eKon Improvenient Co
Oresron Railway A Nav. Co

Cinu. samltisky

12%
28% 28%

42-4

12%

79

Manitoba

Baukci;.' A Merchants' Tel
Colorado Coal A Iron
Delaware A Hudson Canal

Do

•7

42

•12 '4
22=8

27
IB',
937,

600
100

1'2B"4 126^4

MI^T'i;!,!,* NEO US.
American Tel. A Cable Co

Pacific Mail
Pulliiuin Palace

i','ib(i

131,880
133

•18

1-2'..

2^1

48

A

Dr

1B,'290

12434 1'2434

1714

2%

1134

91.

86
13

17

Jan. 7
118 June'23 140% Feb. 6
107 J one 27 127»4 i''ob. 16
68% Jnne27 94% lan. 8
93%.luiie27 119 ret). 10
81%Jnue'23 124 iRb. 12
117 June 23 149% teh. 12,
100%June'J.( 126»4 feb. 11
« .Selit.'2() 13%Jjn. 6
17
(Kt. 24 35
Jan. 11
2 1^8 Juno 21) 3S%AnK.20
803, June '27 100 Aug. -20

?,00O
1,100

88% 87%"S93b
5% 5% '6% B

9%

May

7

IM

.1

300
300

'.'.'.

8334

86

61
18

Jnno30 6734 Jan. 1(1
Jaue27 16 Jan. 2
9%June'2a 28 Feb. 1
6

76

840
91
113%
115 28
une -27 63% Mar. 14 64
84
164 125% J one 24 141 Apr. 1 124% 143
160,600 90% May '26 133% Mar. 1 111% 131%
1,733
6»9Jnno23 25% Jan. 3 21% 61%
514 52 Oct. 25 82 Mar. 10 77
93

13,725
IB, 100
"'"35

4119 4218
2I4
2 "4
•10
IB

12 la 12 "a
•22
23

11\

12-

j)ref

I->o

15%
92%

"

85^8

jiref

Francisco

Do
Do
St.PaulA Dnluth

72%

"3U

8B% 86%

42-'8

AUeg., st'k trust ctfs..
KIchomnd A Danville
Hi.limond A W't P't Terminal
Rochester A I'ittsburK
Rome Watertown A Opdensb..
St. Louis Alton A Terro Haute

Paul Minneap.

26

•7

2 Hi
17

12 14
1'27

Wayne A Chic

A San

*25

1434
15%
"
92%
92

•B%

80

000
6

mgk

78

2434

934

Pittsbui'f; >t.

TJniled

600
12,359
34,920
15

J&

Jan. 80 197

78% Mar. 15
61% Mar. 4

11%

10% 12
26

Jnly 3 13S

Taar

Vow.

80% Mar. 27 90 Aa«t. 19
60 June '2m 80 Jan. 10
30 .lone 27 38% Jan. IH
24^ Juno '27 67% Feb. 1]
8 May 22 12 Jan. 18
39 % Oct. '.'6 90 Jan. 11

480
700

25 % 25 %

141.J

1884.

We

•53"

93
•6% 9

1,

1934 Jan.
10434 Mar. 4

71=8

71 >4

•53'" "69"

•25
14
92

1884.

1,

Blcbad

30 Oct. 25
6%
4 May 8
185 185
10 183 Nov. 14
31% 31%
400 '20 J une 26
117 117
2,925 110 June 23
70 Jnly
9 June
12
12
600
6^8 J une
68% 183,541 63% Nov.
280 62 May

35

11% 11%
C3% 6B34

434

"6

0'4

CB'is

68%

8

71.

65 14

11% 11%

SUH

*12ia

Unhm

93\

10

Peoria Decatur A Evansviiie..
Philadelphia A Reading

Texas

25
...

*»

17»B
4134
"2 'a
1U>4

pref

A

72

11>4

91'8

pi-ef

Northern Pacific

Louis

•5

73% 75
103

413^

34% 36%

10

12314 lii\i
St. I-onis

Hudson.
.

8t.

BBI4

•'^0

14'e
yiCs

..

New York Chic. & St. Ijonis.
Do
pref.
New Y'ork Lack. A Western.
New Y'ork Lake Erie & West.
Do
nref.
New York A New EnglandNew Y'ork New Haven A Hart.
New Y'ork Ontario A Western.
New Yiirk Susq. A Western
Do
pref.
Norfolk A Western
Do

11>4

•Ilia

A Texas

York Central

Do

27
86

127
118

70(1

Wcst'n
prof,

Mobile A Ohio
Morris A Essex
N ash v.chattanoojra A

71%
*25

Lonis

St.

Misi^onri KaTisas
Missouri PaciJlc

St.

6434

10

Charle.stou

Meiiiyiliis tt

Rich.

'126

•934
•6 'a

800

3934

Istpi-ef.

^fctvt>politan Klevated

A

30
114

24

Chic.

Manhattan Reach Co

Ore.-ron

7

40<V
34 >4
6

44
19

Irowmt
126

I':lovrtt*il

Do
Do
Do

]S'ew

7

10
41

934

e>!i

5%

sliore

I, out;

934

B
10'4

30%

lino 4 p.c

lejwicrt

Indiana liloomlnjrl'n

S3>4
•5

'4'a

»U

Texas Central...

lIoii.-«ton it

49

44

3C

«li3

Inrt. .
I'ltt.siiurK, Kuar

t'ol. ('inn.

10>a
8-1

130
117 34 117181174 U7«8ll8
74 '4
73 '4 74 =^
73
73:'.;
104 101
104 104
103 1(14
8318 84
ii-2\ 83^8
83
833i
123 ".J
122 12:i'.i 1201a 12212
109 "a iVoHl •109 "a 110 "a lllialllia
27'*

80>a

43<'8

111

28'.
8G"-2

44

80>a

>U<a

"6

73a8

'28

44

t41
8-^^

iV'j'i

•31
137^4 137",
101ial02i4 102 10338
Htl.i\wir« LaokilWiiiinlldt Weiit ioi'ii'o'»»8
»'4
9'4
8"4
914
H\
a-a
Dvii\rr A Kio Ul-Hudo
oti
5f>
JmliurjneA Sioux City
•3 'a
4
4
4>8
-S'a
4
Temicsseo
&
Oa
V'a.
Kttst
•ti"4
O-a
ti"8
pref.
Do

(li'vrlaml

S2

7*a

•lUHi
2»'t

180
?8

»5'4

Ohio

Do
Do

80
'.'".".'.

'M

c'idiu.luSoiuhoni
Ci-.lii l'ull« .t ,Mlnne»ota....
I'ciitrat ot

88

(Bluru).

Nov. 14

18.

180

Stinqviplmniift

.» N. Y. Air l.lno. prcf
Hmhiiirton I'll. Uaplrts <fe No.

BiHlori

Rang* Bine* Ju.

Balertof

Friday,

KAII.ItOADr*.
Alhnnv

AND SINCE JAN.

thtfWeek

WaloMday. Tbnntday,
Nov.

It,

ia

ex.dividend.

—

—

,

—

.

.
.

.

.

.

—

1

THE CHRONICLE.

548

QUOTATIONS OF STATE AND BAILROAD BONDS,
STATE BONDS.
8KCTIBITIES.

Bid.

Al»bama^Cl»S8 A, 1906.

79
98
78
102

Class B, 5b, 1906
Class C, 48, 1906

1800
Arkansas— 6h, funded
6«, 10-20S,

&

7», L. Kock
7b, Memp.&

Ft. S.

L.Rock
7g,L. R.P.B.&N.O.

&

R. R.
78, Miss. O.
78, Arkansas Cent.

9

10
10
10
10

19S.

KR
ER

RU.
RR.

3

100

Gsorfria— 6s, 1886
78.1886
78.KOld, 1890

SECURITIES.

Bid.

Louisiana— Tfl, oon8.,1914
Ex-matured coupon
Missouri— 68, 1886
68, due 1889 or 1890. ...
Aayl'morUniv.. du6*92
Funding, 1894-95
Hannibal &. St. Jo., '86.
New Yoik-68, rug., 1887
68, loan, 1891
68, loan, 1892
68, loan, 1893
N. Carolina—Ga, old. J.& J.
Funding act, 1866-1868

71
62

Ask.

1()5

io:<

109

NOVEMBER

14. 1884.

SECURITIES.

New I'onrts, J.&J., '92-8
Special tax. all classes.

—

66, new aeries, 1914
Cmp'ml8e,3-4-5-68, 1912
Virginia— 6s. old
Os, now, 1866
6b, consol. bonds
68, ex-matured coupon6b, consol., 2d series

18

Do

Wil.C.&Ru.R.
8-2
83
Consol. 4b, 1910
105 14 107
Ga, 1919
OI1I0-68, 1886
South Carolina
6s, Act Mar. 23, 1869 )
nou-fnndaMe, 1S88. i
Brown consol'u Gb, 1893 IO6V4
Tennessee— 03. oUl,1892-S 38>g
38
68. new, 1892-8-1900 .

108>2'

110
115
110
lOB
111
115
117
29
10

Ask.

Bid.

Tennessee— Coutinaed—

N. Carolina^Continued—

103 k:

1.

\Vou XXXIX.

SECURITIES.

Ask.

—

68,

33
40
43
37
37
60
38 13

40
5

deferred

District of Colambia
3-65S, 1924

109 In

Registered

Funding

58,

1899

RAIIiROAD BONDS.
SECURITIES.

SECURITIES.

Ask.

Bid.

Del. L.

Railroad Bonds.

.fc

SECURITIES.

Bid.

Manhat.B'ch Co.— 7s,l 909

77

Ask.

Bid.

W.— Contin'd—

Morris .t Essex— Ist, 78 130=4.
114>4
•2d. 78. 1891
Bonds. 78, 1900
117Hi 120
7B0t 1871,1901
124
1st, consol., guar., 78.
N.Y. Lack.<s W.— l8t, 68 116 iin^
Construction, 58, 1923
Del.& Hud. Canal— let, 7s 116
let. ext., 7s, 1891
110
Coupon, 78, 1894
no's
Registered, 78, 1894
Ist, Pa.Dlv., cp., 78, 1917 130

1

AUeg'yCent.-l8t,6s,1922

81nklngfuud,68, 1911--I

AtL& Pac— Ist, Gs, 1910-j

---•

B»lt,&0.— l9t,B8,Prk.Br.; 113
Boat. Hartf.

<fc

E.— 1st,

Guaranteed

78

;-•--;-!

iKq
Bnr.C.Rap.&No.— l8t,58 lOj

86

C.Rap.

& Susq.-lst, 78

68.1909
Coupon,

68

58,

HeiTistered,

*

1931
.5s,

-Tjvok.Lan.&Sag.

1931....

—68, '91.

1884.1913

-

MU.L.S.&W.-lst, 68,1921
Miun.&St.L.— lst,7B,1927

^

nCJ'ila ---.

Ist.cons., guar.78,1906 *12o

Iowa Ext.-lst,

Regl.sterea

2d. 78, 1891

IB,

96

...l

PlttC.A Bt.L.— lst,c.,78!

3d, 78,

1912

1

4th,s.fd..6s.l892

:i26

119

l-JO

113

I'-'O

108

1

119

StL. V.A T.H.— l8t,g.,73
2d, 7a, 1898

95
95
99

1

139

136:3 137
123 il30

211.78,1912

Clev.A Pitts.- Cons.s.fd.i

.

1909

1

P.I.:.ASt.L.— 1st, reg.,7al
2d, 78,1913
Pitts. Ft.W.& Chic— 1st 137

97
— I""'
1100'4
86
-85

Ask.

Bid.

RR.— Continued-

Pa. Co.'s Reg., 1921

78..

MUw. & No.— 1st. Gs, 1910

I

.--LlJ!!^.

2d, 78. 1885

Cin.— 1st,

107 "a 108
93 Hi 95
'id, Gs. 1899
Mex. Cent.- Ist, 78, 1911. •35
Mich.Cent- Cons.78, 1902 121 jl23
101^310134
Consol. 5s, 1902

1st, Gs.

1st, Pa. Div., reg., 1917.,

Alb.

Kegistered

Mlnn.&St.L.— lBt,7B,gu.
la. City.* West.- 1 Bt. 7s

F.& N.— Ist,

I

&

Metropolit'n El.— l8t,1908

I

85

Consol., 1st, 5s, 1934...

I.

,

I

Atc£t.&S.re-4l28,1920|

Penn.

N.Y.&M.B'b- lit,78.'97
Marietta

.

Prices.\
Alft.Centr»l-lBt,68, 191&I
(SUick exchange

SECURITIES.

Ask.

!l03
!109

2d, guar., 7s, 1898--.-!
Pltts.B.
B.— 1 at, Gs, 191

A

80

i

Rome W. A Og— l8t,7s,'9l

67
Con., Ist, cxt., 5s, 1922.
Roch.A Pitt.— 1 8t, G8,1921 108
Consol., 1st, 68,1922....! 90
Rich.&AlleK.— lst,78,1920i 50 "-i
Dauv.— ConsMg.,68 91
Rich.

102

68

112lsi
S'thw.Ext.—lst, 78,1910 113 !ll4
1st, cons., gu.. 68, 1906
92
Pac. Ext.— 1st, Gs, 1921. 101 1102
A
Registered
71
50
Mo. K.& T.— Oen'l,G3,19'20 70
Debenture 6s, 19'27
Reus. & sar -Ist, cp.,78 i3i"'i32
96=8' 96 'e
55 Is' 56 Ij
ISO's --.
General, 58, 1920
Atl.A Ch.— lat,pf.,7>i, '97,
1st, reg., 7s, 1921
100
'3
101
70
76
Cons. 7s, 1904-5-6
Incomes, 1900
Denv.A Rio Or.— Ist, 1900 79'-4 ..-46
Cons. 2d, income, 1911..
Scioto Val.— Isf cons., 7s.
iBt, consol., 7s, 1910
100 101
n.&Cent. Mo.-lst, '90 10:
St. L. A Iron Mt.— Ist, 78, 1:1
Den.So.Pk.A Pac— 1st, 78 81
100 ioi
67
Xoi'
Mobile* Ohio— New 68..
2d. 78, 1897
Den.* BioG.We8t.-l8t,6s
CoUater'ltmst, Gs, 1892;
Arkansas Br'ch— Ist, 7s 107-4 108
Det.Mnck.&Marq.— lst,6s
1st. Kxtensiiui, 68,19271
Cairo A Fulton— 1st, 7s 10434 103
&
Land grant, 3 i-is, S.A...
loa-*
Morgan's La.& T.— Ist, 68;
Cairo Ark. A T.— 1st, 7a 103
E.T.Va..tGa.— lst,73,1900 115
CIie8.& O.— Pur.money fd.
100 102^1
64
54
Nash.Chat.* St.L.— l8t,78! llo»4 lie's
Gen'lr'y A 1. gr^ 5s.llk31
Ist, cons., 58, 1930.
68, gold, series A. 1908.
72 14
72
115
;•-—
St.L.Alton A T.H.— lat,78
2d, 68.1901
Divisional Ss, 1930
68, gold, Bcries B, 1903
25
ll'i
26
N.-i'. Ccntral-6s, 1887...' 104»4
•2d, pref., 7s. 1894
Eliz.C.&N.— S.f.,deb.,c.,0s
68, cniTcncy, 1918
•10114 102
Deb. certs., ext'd 5s
2d. income, 7a, 1894 .... 100
Ist, 68, 19'20
Mortg.ig6(;8, 1911
84
75
8)
N.Y.C.&H.— l8t, cp 7sl 129'8 131
Bellev.A So. 111.— 1st, 8s •115
Eliz.Lex.A Big Sandy- 6s
Ches-O.&S.W.- M. 5.6s...
I'iO^..125
...
lBt,reg., 1903
St.P.Mlnn.A Man,— l8t,78 109 i09'^
Cblcago & Alton— Ist. 78. 118'4'll9is, Erie— 1st, extended, 78 ..118^41
lot's
..-.
106
108
...
...I
iba'
1904
1903.
1919
-.
D.'b.
5»,
•2d, Os, 1S109
fund,
Bs,
extended,
6b,
2d,
Sinking
102»
Registered
Dakota Ext.- 68, 1910.. 106 108
3d, extended, i'^. 1923
La. A Slo. Biv.— 1st, 7s 118H11119
103
Hud.Riv.— 7Sj2d, s.f., 831 ioi""!""
1st, consol., 68, 1933...
4th, extended, 58, 1920. 100
2d, 78, 1900
1261.2 ....
Harlem -1st, 7s, coup
1st. cons., Gs, reg., 1933.
Bt.l..Jack.& cue— Isl 115
6th, 78. 1888
12B'-jl2"
1st, 7a, reg., 1900..
Min's Un.— 1st. 6s, 1922
Ist, guar. (564), 7.S, '94
Ist, cons., gold, 78, 1920 iii-Siiii'
*
118
120
N.Y. EleVd— 1st, 78, 190G •
St. P.A Dul.— lat,5s, 1931
2d, (360), 7s, 1808
iBt, cons.. Id coup., 7b..
'98i lis
100
N.Y.P.*0.-Pr.l'n,Bs, '95
So. Car. R'y— 1st, 6s, 1920 100 :» ibo'^
Beorg., 1st lien, Gs, 1908
2d. gnar. (188). 7s,
-.82 "s .....
107
N.Y.C.&N.— Gen.,68,1910, 31 "33"
2d, 6a, ISfSl
Miss. It.Br'ee— Ist. s.f.Os,
Lone Dookb'nds, 7s, '93 112
31
104
Trust Co. receipts
.Shenand'hV.— lBt,76,1909
BuR'.N.Y.* E.-lst,191B 131
C.B.cS Q.— C6usol.78. 1903 128% 128^4
103
»«'...
104
78
50
5t
Kngl'd—
1st,
1921
1901
..
fund
N.Y.L.E.&W.-New'AlG
iN.Y.dt.
N.
General,
Gs,
6b, sinking
•90
on
94 3^'
100
Tex.Cen.-lst, s.f.. 78,19091 97
1st, 68, 1905
CoUafl trust.G«,192-i
6b, dotoentures, 1913
93
97
100
N.Y.C.<fcSt.L.-l8t,63,1921
Ist mort., 78, 1911
Buff.&S.W.— M.,68,1908
I». I)iv.-S. fd., 68, 1919 104
te
07
2d, 6s, 1923
Tol. Del. A Burl.— Main, G8| •22^ 26.
Sinking fund, 4s, 1910
Ev.ifc T. II.— Ist, cons.. Gs
N.Y.W.Sh.* Buff.- Cp.,58| 40%
1st, Davt. Div., 68, 1910
Denver i'iv.—4s, ltt2.. -89
Mt.Vem'n— Ist, Gs, 1923
'38
1924
5s, 1931
s.>.-lst,6s,
Registeied.
Ist, Ter'l trust, 68, 1910
,t
Plain 48, 1921
Fargo
,
, ,
71
126'a Frt<tP.Marq.-M.6s,19'20 IVih.
N.Y..'*u.s(i.&West.— Ist, Gb
Tex.A N. 0.— Ist, 78, 1905
C.B.I-& P.- 6s, cp., 1917.
.107
82.
.-...Debenture, 68, 1897
;-.;- Gal. Har. A S. Ant.— 1 Bt, 68
Sabine Div.-.l8t,Ga,1912
68,reg., 1917
10><
JUdlandot N.J.— iBt, 6s,
Va. Mid.- M. inc., Gb, li>27
Keok. A Pes M.— Ist, 5»
2d, 7,B, 1905
N.Y.N.H.AH.— lst,rg.,48
Wab.St.L.APac— Oeu'l 68 36
Cential of N. J.— Ist, 1890 112'i; -„,•,:! Mex. .t Pac— let, 58.
•99
fiy^-"
0734 "es"
lBtcon80l.aB8ented,1899
Nevada Central— Ist, 68..!
Chic. Div.— 5s, 1910
2d, Gb. 1931
98 "a or'nBayW.&St.P.- l8t,6s
80
N.Pac— G. I.gr., iBt, cp.,Ca 10 !l')S
Hav. Div.- Bs, 1910
ConT. ,a8sented,78, 1902
.102
Registered. Gs, 1921
Tol.P.AW.— 1st, 78,1917 80 "si'i
Adlustnient, 7s, 1903... lOU
Gulf Col.ife S. Fe-7s, 1909 111
00
60
85
Conv. debent. lis, 1908..
iN.O. Pac.-lst, 6s, g., 1920|
Iowa Div.— Gs, 1921
2d, Gs. 1923
91
94
leh.cfeW.B.- Cou.g'ii.as.
Ind'poUa Div.-68, 1921,
Haun. <feSt.Jo8.— 88,conv. 10258 102»4 Nol-f .& W.— Geu'l, 1.8, 1 931
110
NewKiver-l8t,68,1932]
Am.D'k&Imp.— 58,1921
Detroit Div.-6s, 1921 .. '65
Consol. 6s, 1911
OhioA Miss.- Cousol. s.td. 118
Cairo Div.-58, 1931 -..-I
Chic. Mil. <fc St. Paul—
Hoii-ston & Texas Cent129
119
loo's
Consolidated 7s, 1898... 118
Wabaah- Mort. 7». 1909 70
let, 8s, P. D
Ist, M. L., 7s
112's
2d, 73.10, P.D., 1898.-- 117
2d consolidated 7s, 1911
Tol. AW.— Isl, cxt., 73 102
1st, Western Div.. 78 ...; 104 "-i lOjis
129
10411
1*109
or-a
lBt,78, $g.. R.D., 1902. 127
Ist, Springlleld Div., 78, 103
1st, St. L. Div., 78, '89
iBt, Waco * No., 7s
9J
OhioCentral-lst. 6s,1920
iBt, LaC.Blv„78, 1893. 117
2d. ext... 7s, 1893
2d, consol., maine line,8a •H2's
l8t,Term'lTr., 68, 1920
|--„-;-Equii>m*tbd8, 7a, '83.
lst,I. &M., 7s, 1897.-. 1163,
2d, WacoANo., 8s,1915|
l'....\.\ 97
l8t,I. *!)., 78, 1899.... 117
Ist, Min'l Div., 68, 1921
Consol. conv., 7s, 1907
General, Gs, 1921
i29»4 Houst.E.AW.Tex.— l8t,73l
90
OhioSo.— lat, 6s,1921
GtWesfn— Ist, It. '88 102 103
iBt, C. cfe M., 78, 1903... 126
118 119
90
Consol. 78, 1905
Oreg'nA Cal.— l8t.BB,1921
•2d, 7s, 1893
2d, Gb, 1918
121
65
68
Or.A;Transc'l-6s,'82.1922
let, 78, I.<fe D.Kxt., 1908 119
Q.A Tol.-lst, 78. 1890
Illinois Central112
63
U4
Ist, S.W. Div., Bs, 1909. 110
Oregon Imp. Co.— Ist, Gb.
Springfield Div.—Cp. 68.
Uan.A Naples- 1st, 7s
98
Oreg'nRR.ANav.— l«t,0s 108 109
Ill.ASo.Ia.— Ist.ex.,fi8
lBt,58, LaC.& Dav.,1919 *J6
Jfiddle Div.- Heg.,58..98 100
953j,
Iifbcniures, Is. 1881...
lBt,S.Minn.Div.,«a.l910 106 "a 107 's
St.L.K.C.AN.— U.c.,73
C.St.L.A N.O.— Ten.U78
118
l8t, H. & D., 78, 1910... 116
Omaha Div.— Ist, 78 97^1100
Panama— S.f., sub.Gs,1910
1st, consol., 78, 189'?.. 118
"96
114
116
1st,
68
CI1IC.& Pao.Div.,li8,1910
"i
Peoria Dec. A Ev.—
Clar'da Br.— Gs, 1919
2d, 68, 1907
i>'ih 94
92 's
106 »4
l8t,Chic.& P.W.,6s.l921
105
Evans.Dlv.-l Bt,B8,1920
StChas.Bge.- 1 St. 63
Gold, 58, 1951
Min'l Pt. Div., 5s, 1910. •94'-!
2d Dtv., 78 113 116
Peoria A Pek.U'n— Ist, Gs 100
No. Missouri— 1st, 7a. iOSJallO
Dub. * S.
114
C.&I..Snp.Dlv.,58, 1921 •95
'Pacitlc Railroadsfed. P. * Minn.— 1st, 78 112
WestUn.Tel.— 1900,coup. 106 100
109
107 109
W18.& MIn.Div..68.1921 92 93'i Ind.BI.4W.— l8tpref.,7B '114
Central Pac.— G., 68...
1900, reg
98 105
Ttrmiual 58, 1914
75
70
Han Joaquin Br.— 6s
let. 4-5-68, 1909
N.W. Telegraph— 7a, 1904
*64'
55
98
Clllc. * Northwest.—
Mnt.Un.Tel.--S.fd,6s 1911
2d, 4-5-68. 1909
Cal. A Oregon— Ist, 68
103«8!.
85
09
Sink, fund, 78, 1885
Eastern Div., 6b, 1021
Cal. .t Or.-Ser. H, C»,
Spring Val. W.\^'.— lst,63
99
Consol. bonds, 7b, 1915. 131'4;i32i4l indianap.D.&Spr.— l8t,78
99 102
Land grant bonds, Bb. ,„,
INCOME BONDS.
Extension bonds, 78, '85 lOSis'--[ilnterrnt imit'ib'-C tf e'lmfil.)
2d, 68, 1911
West. Pac.— Bonds, Gsl 104
10334104
107
109 |'Alleg'nTCent.-Ine.,1912
l8t.78. 1885
1st, 68 108
No.Rway(Cal.)—
Int.&Qt.No.—
iBt, 68, gold
77ia
lst,G8
93
14-3 li>f
Coupon, gold. 78, 1902.. I2534I
y4'a Atl. A Pac.-Inc, 1910...
Coupon, 6s, 1909
So. Pac. of Cal.
BiMiBt'd.gold, 78, 1902. 125
Kent'kyCeni— M.Bs,1911
So.Pac.of Ariz'a— lat, 6s
Centrslof N. J.— 1908..-.
110 '4 Lake Snore—
Sinking fund, 6s, 1929..
8o.Pac.of N.Mex."l8t,68
Cent.Ia.— Coup. deb. certs,
109
Sink, fund, 6s, 1929, reg
M.S. <feN. I., 8. f., 78... 10138 101 'a Union Pacific- Ist, 68 .. 11034 111 ,ch.St.P.*M.-L.gr.inc.,63
Sinking fund, 68, 19'29.. 100 101
Clove. <fc Tol.— Sink'g f d. 103"
Land grants. Ts, '87-89 10G--4'106i.j Chic. A E. lU.-Inc, 1907
101
Sink, fund, 5s, 1929. reg
103',
New bonds, 7s, 1886..
Sinking funds, 88, '93. 112 1113 |iDosM-A Ft.D.— lst,inc.,68
9434
Slnk'gfd. deb., 58, 1933
113
IIB
Cleve. P. * Ash.- 78.... iVs
Del. Mack. A Marq.— Inc.
Reg. 8s, 1893
94
25 years deb. 58, 1909..
12
12 "aE.T.V.AGa.— Inc.,Ga,1931
Buff. & Erie— New bds
Collateral Trust, Gs.
117'a 120
Registered
58,1907
Kal. & W. Pigeon— iBt.
do
Elizab. C. A Nor.— 'id, inc.
Escanaba & L.S.— l8t,6e
15
Det.M.& T.— l8t,7s,190e iif
Kana.Pac- lat, 68, '95 10734,109 Gr.BayW.A St.P.-2d,lnc.
DesM.* Min'ap.— lst,7e
106'4 107^ Ind.Bl. A W.-Inc, 1919
Lake Shore— Div. bonds 118 I'JO
lat, 68,1896
104 '4
Iowa Midland— l8t, 8s.. 120
40
Consol., coup., lBt,78. 12;
126
Denv.Dlv.Ga.aa'd, '99 104
Consol., inc., 6s, 1921...
Peninsula— 1st, conv. 78 •120
123',
89
90 jjInd'sDecA Spr'd— 2d,lno. 'iti" 30
Consol., reg.. 1st, 7s... 1'20
lat, consol., Bs, 1919
Chic* Mllw'kee— lBt,7s 122
Consol., coup., 2n, 78.. 117
Trustee, certificates..
C.Br.U .P.— F.C., 78, '95
Wln.A St.P.-l8t, 78, '87 1063, 107 '4
85
Consol., reg., '2d, 78
"is"
At.C.& P.— let,6B,1905
ILeh. A Wilkesb. Coal— '88
112
2d, 78, 1907
79
81
Long Isl. RR.— ist, 78, '98 il7H
LakeE.A W.-Inc.,7B,'99
At. J. Co. AW.— 1st, 68
85a,
•99 -s
Mfl.& Mad.— l8t,G8,1905 112
85
sand'kvDiv.-Inc.,1920
1st. consol., 68, 1931 ...
Oreg. Short L.— 1st, Os
C.C.C.A Ind's— lst,78,8.fd. 119
913j 100
Louis. West.— Ist, 6s
Ut.So.-Gen., 7b, 1009
Laf.Bl.AMun.-Inc.,7s,'99 •16
119
Consol. 78, 1014
Louisville A Nashvaie—
Exton., Ist, 7s, 1909 '90"
Mil. L.Sh. A W.— Incomes
Consol. sink, fd., 78,1914
1131.
00'4 iMob.&O.— lst,prf.,deben.
45
57
Consol., 7s, 1898
Mo. Pac.— 1st, cons., 6s.
General consol., 6s, 1934
88 "i
OS's
30
Cecilian Br'ch-7s, 190'
3d, 78, 1906
2d, pref., debentures
C.8t.P.M.* O.— Consol. 68 110 111'4
N.O.AMob.-lst,Ga,1930 79
Pac. of Mo.— Ist, Bb... 104«8 105 'a!
3d, pref., debentures
C.St.P&M.- Ist.Us, 1918 114%
107 "a
'2d, 68, 1930
2d, 78. 1891
4th, pref., debentures
No. Wi8.-lst. 68, 1930.
99
E. H.&N.— Isl.Gs, 1919
'N.Y.Lake E.AW.— Inc. Cs
StL.A S.P.-2d, 6b, CIA 97
8t.P.& S.C.-lst.68,1919 •llS'a llBis
9634 97'2[|N.Y.P.AO.— lst,lnc.ac.,7s
General, Bb,1930....
3-Bs. Class C, 1906 -...
Cliic.& E.IU.- lst,8.T.,cur. 105
9634 97'a' ^Ohio Cent.- 1 ncoine, 1920
Pensacola Div.— Gb,1920
"i'ii "i'i
3-68, Class B, 1906....
CWc.St.l..& P.— l8t,con.5B
KtL.Div.— l8t,6s, 1921
87'a
Min'l Div.-Inc.,7s,1921
l8t, 6s, Pierce C. A O.
CUc. <t Atl.— Ist, 68, 1920
20
23
•2d, 3s, 1980
Equipment, 78, 1895.. 102
';Ohlo8o.— 2dlnc., 68, 1921
2d, 68, 1923
Nashv. A Dec. — let, 7s
Ogdens.AL.C— Inc.. 1920
Gen'l mort., 6s, 1931..
Chic&W.Ind.-lst, s.f., 6s
S.& N.Ala.— S.f.,68,1910
PeorlaD.AEv.- Inc., 1920
80. Pac. of Mo.— lat,68 103 '8
Gen'lmort., 6s, 1932....
Louisv. C.A L.— 6b, 1931
Evansv.Div.- Inc.. 1920
Tex.A Pac.-lst, 68,1905 100
CoL<£ Green.— 1st, 68,1916
Tru.st bonds, Ga, 192
Peoria A Pek.Un.— Inc.,68
Consol, Gs. 1905 .
ad.e8, 19'.i6
L.ErleA W.-l8t.Bs,1919
37
67
36
Roch.A Pltt'<b.—Inc.,1921
Income A Id. gr., rei
fJolH.Val. & Tol.-lst, 5
60
Sandusky Div.— Bs, 1919
46>9 48"-i Rome W. A Og.— Inc., 78. •20"
1st, Rio O.Div.,Gs,1930
Del. L.* W.— 7s. conv., '92
Laf.Bl.A M.— Ist, Bs,1919
nssenteit
do
43
8o.Car.Rv.— Inc., 6b, 1931
•128
Mortgage 7s, 1 907
Louisv.N.Alb.&CJ.— l8t,G8
St.L.*I.Mt.-lst,78,pr.l.a
Pennsylvania RR.—
Byr.Blng.A N.Y.— l8t,78 120>a
General mort.. Bs. 1914
"io"
St. L.A.A T. H.- Div. bds
Pa.Co.'8 guaT.4'ss.lat.cp

let, 6s,

Bnff.N.Y.

1921

87

...

=

& p.— Cons., 6b

General, 08, 1924
Can. 80.— 1st, int. guar. 5s
2d, 58, 1913
Beg., 5s, 1913
Central lowar-lst, 7s, '09
East. Div.— iBt, 6s, 1912
lU. I)iv.— Ist, G.s, 1'.I12 .
Ang.— 1st, 78
Char. Col.

\

,

—

I

I

,

!

i

]

|
'

'

.

'

1

i

1

'

I

i

1

'

1

1

.

11

I

'

;

j

!

•

1

I

!

1

I

1

—

i

I

I

!

^i

"-.i

I

I

I

C—

I

V

'

'

,

1

II

1

]

.

1

'

j

I

1

.

.

!

:

I

.

I

!l

.

'W

.

*

Mo

prices Fr.day;

tbew

are latect qootatloua xoade tbia week.

F
P

.

NOVEMBEB

THE CHRONICLK

15, 1884.]

New York
Bamk Block

Llat.

America*
Am«r. Rxohuig*..

v;:t5

2» 110 ISO
111)
lUO
lUO
2S
100 2000

Ohi>mlc»l

28

C'ltizous'

CoiitlniMitiU

Corn Kxchange'
Knst Hlvt-r
Eltnouth W»rd'...,
,

First

Fourth
Fntton
OallRtln
(iartlolil

Oernian American*.
Oemiftn Kxchango*
Germiknia*

Greenwich*

Hanover
Traders'

Irving
Leather Mauuf'ra'..

Maulmttau*
Marine
Uarket
ITechanici'

MechanioM'A Trads'
Mercantile
Mercnant8'
Merchants' Kxch...
Met!oi>oll!**

Metropolitan
Hill*

Nassau*

New
New

,".

Yorlc
YorlE

Couuty

.

N. Y. Nat. Eich....

Ninth
North America*
North River'
Oriental*
Pacillc*

Park
People's*
phiiiix

;.;

Produce*
Republic
St.Nlchol.ns*

Seventh WarU
Second
Shoett Leatlier...!
State of

New

York'

Third
Tradosmeu'a
Union
United .States I"r
Wall street....

West Side*....

117

I

100
100
100
100
SO
60
100
75
100
100
2S
100
100
60
100
60
100
100
25
25
100
60
60
100
100
100
50
100
100
100
100
70
SO
25
60
100
25
20
60
100
100
100
100
100
100
100
40
50
100
60
100

Par.

60
100

Bowory
Broadway

lid
112

17

Citizens'

20
70

City
Clinton

Eagle

118
I'JO

Globe

.

Howard
Irving
Jeffei'son

Kings C'nty (Bkn.).
Knickerbocker

Long

Isl'd (B'klyn)
Ijorillard

Manutac, * Build..
Mech. <ft Traders' ..

liO

90

Mechanics' (Bklyn)
Mercantile
Merchants'
Mon tank (Bklyn.)..

00
125

40

25
120
150
150
100

Nassau (Bklyn.)

...

National
N. Y. Equitable
N. Y. Fire

...

Niagara
North Hiver

>

Peter Cooper
People's

160
I5'J

105

ibo"

iid'

Phenli
Kntger's
Standard
star
Sterling
Stuyve.sant
United States

Westchester

90

75
40
lOi

210
126
106
230
56
100
1'20

123
60

40
118
200
8J
100

WiUiamsburg City

2.10
'245

80
100
108
80
70
112
220
133
lis
2U0
65
110
130
130
35
60
210
90
112
77
112
60

100
40
106
67
P7
105
145

112
63
105
110
160
90
160
85
125
112

80

I

l«0
110
160
180
170
150
120
126
80

12'i

70

'25

Park

ii'ij'

76
DO

10
100
100
50
60
25
100
15
60
100
60
100
30
20
40
60
25
100
25
50
60
50
50
60
37 "a
35
100
50
2S
100
20
50
60
25
50
100
100
25
25
10
50

Paciflc

lao

2.")5

17
.

Home

38

120
60
220

103

Greenwich
Guardian
Hamilton
Hanover

iVo'

no

100
60
100
40
100

German-American
Gormanla

255

140
100
140
170
160
140

25
25

Brooklyn

Farragut
Firemen's
Firemen's Trust
Franklin A Kmp..

Ask.

Bid.

American
Amer. Kxohange..

Emnire City
Excnange

2.'5

,

FUth Aveune*

COMPAiriKS.

Continental

144
100
160

150
7a
120
107
IBS
100
143
lOS
125
115
CO
60
50

17.-.

108
155
116
133
120
100
57
57
120
126

no
120
120

1'2S

200

225

i»0

Brooklyn Gas Light
"*^-^- *>=ly)-

Date.

Amonnt. Period

3
X'r 10,'84 127
3
Jnlv 1,'S4| on
'259.000 A.&O 3i.2S'gF.,'y9 107
*
,'•2?«-''"y
• * * ,3 [Aug. l,-84 113
756,000 J. A J. 7'a'July 1, '81 US
4,000,000, Var's B lOct. 3, '84 275
2,500,000 F.& A. 5
Oct. 14, '84 225
700,000 F.
1902
A. 3
107
3,500,(X(0 Quar. 2"aiOct.lO,'84 120
!1,500.000 Jf.ifeN. 3
1902
104
jl.OOO.dOO Var's 2
Sept. 1,'84 1:2

20 |i:2OO:0OO; vJf's
I

100

A

1,000
,
,

100

1,000
25
V??:'

!

,'

.'.'.'

'

I

I

I

—

y—
2.30,000 A. A O.
1,200,(H)0 Q—
900,000

BryDk.E.B.A Bat'f-sVk 1,000
100
let mort., cousol

500AC.
J. A b.
Scrip
100 1.20(),00() F.A A
Eighth At.— Stock
100 1,000,000 Q
Scrip
100
1,000.000
A.
42d i Orcd StlF'ry-Stk
100
748,000 Q.-F.
1st mort
1,000
236,000 A. AO.
Hon.'.t.W.St.JiP.F'y-Stii
100
250,000 Q.-P.
1st mort
600
500,000 J. A J.
Second Av.— stock!!.""
100 i,
,.""
1,862,000
00^,000 J. A J.
3d mort
1,000

PA

I

C'oiisol

Third Av.— Stock'."
1st mort
Twenty-third St.-^'stock'
let

A O.
MAN.
1,500,000' M. A
500.001) J. A J.
!2,(K)().0(I(), Q.—
(2,0110,000 J. A J.
600.000; P. A A
I

Istluorc.

mort
<

1,000

100
1,000

100
1,000

100
1,000

c.t

pa

Via"

l8l

A Mem.—

sp'«l

Mexican Ccutral—7s
Income

I

5^8^

2d, 7B,cp. 1896

Income

Debenture 6s, reg
Norfolk A West.— (ien..6s

...

A Ark. Val.— 7s..
Rutland— 6s, Ist
Sonera— 7a
8T0(;K8.
Atchison A TopokA

N. K. Div.,

69 »8
6

..

& Providence
Boston Uerere B. A Lynn

161
1B2

164 S

11

80
'

34
107
16
84

"4

•75

35 <s

Prelerred
Falls A Sioux City.
Kau. C. SpriMgf. A Mem.
Little Uock A Ft. smith.

Iowa

lliver..

i t

150,000 A.

l.O.-iO.OOO

1

I

.ti.

JLowell

N. V. A New Kngland ...
Northern of N. Hanipsh.

S.'I.'.'.'

'"3'7"

130

8J

1»

Conv.

125
140
285

Pnil,AUEl.l'lIlA.
RAILKOAD STOCKS,

Pitts. Titus.

7

Oct.,

2lj Nov.,

7
6

1898) 10

2
7

5
7

7
5
7

6
7
4

250,000 .M.AN. 7

Nov.,
July,
Julv,

'84 245
'93 112

49

Preferred
ITuntlngd'n

66

'84il45

160
112's

Pittsb.Cln.A St. L.— Com.

110 1115
200 300
113
178
172
110 113

'84

'90 111

Aug., •84

May,

'93

,r,tw. I.a dividend on „cai.
bat date of maturity oSbond,.

A

11

Companies..

'1

193

West Chester— Cons, pref
West Jersey
West Jersey A Atlantlo.

CANAL HTOCKM.

Lehigh Navigation
Pennsylvania
BchuylkUl Nav., pref...

40 's

I

Ino. 7s. eud., coup., '94
I'ittsli.— l»t,6s

A

Belvid'e Dcl.-lst,6s,1902
2d, 6«, 1885
3d, Oh, 1887

57

113
103
106
106 *-j
107

cp.,

1910.

.

70
lui
lis

'.

104 >a

l^JO

i"2'l"

8

85

60

12Hi

1«
lOT

RAILROAD BONDS
A Charl.— Ist

Atlanta
Inc

68, Series
08. Serlos

A
B

100
Pittab.AConella.— 78J4J 120

10

Union UK.— l8t.|nia_IAJ
Cauion endorseii

121
102
102 '4

Virginia
88

1893.

90
lOlia
106 >•

96"
95 <•

60H
26
94
60

ii's"*

116>(
101 >
101
121 >a

i

10s

i

1'20
Ist, g.,

A

'
'
J.AJ. 105

2d, guar., J.
J
2d, guar.byW.Co.,J.<tJ.
J
68, 3d, guar.. J.

1903

Per share.

A Teun.— 63

W.Md.— 68,

107 "« 107^

A

Consol., 6s, 1913
Bnff. N.Y.A PliU.-l8t,6s
ad, 78.1908
t

"e'ti'ii;

106 .
76
in. Balt.AUhio—«8,,'86A.AO 101
Cen. Ohio.—6s, lst,M.AS. 106
Charl. Col. A Aog.- Ist.. 104
."
86
2d
Cln. Wash. A Bait.— Ista.
95
2d8
68
26 -J
3ds
ColumbiaA Grcenv.— lata 93
2ds
No.Central—6s, '85, J.AJ. 101 <4
lOia
6s, 1900, A.
116 Si
8s, gold. 1900, J.AJ.... 114>i

1908

Ex^llTldend.

"o'

i'o'i'

AO

UA LUO AD BONDS.

'

U

BALTIMORE.

Allcgh. Val.— 7 3-lOs, '96
7s, E. eit., 1910

Oap— 1st, 7s,

94

3

RAILR'D STOCKS.

13
106

A

Ist, 68,

Cons., 78, reg., 1911

50^ 604 Westorn Maryland

A

Bell's

•!)0

-Nov.,

37

O'i'r,

Pai
Atlanta A Charlotte
68H1 Baltimore A Ohio
100 165
49*9
1st pref
2d pref
118
Parkersbnrg Br
9
60
Central Ohio— Com
60 60
62
Pref
60

Preferred

inlv,

1

.

..'..'..

64

& Sch. Haven...
Nesquehouiiig Valley
Norfolk A West'n—
-Com
0<

Ist. 6a, re^'.,

ADel.— l8t,6s,1886

Lehigh Nav.—6B,rog.,'84.
Mort. RU.,reg., 1%97..

Schnylk. Nav.— l8t,68,rg.
".
2d, 68, reg., 1007

69 >«

Preferred

Ashtab.

.

CANAL BOND3.

Chc8.

Pennsylv.—6s,

40

Little sohuvlkill...

'94 111
•84 190 ,197
Aprtl, '85 lOO'.'lOl'a
•88 105 1108
Nov., '84 160

Jan.,

A Broad Top

Phllailolphla
Erie
Phila. (Jer. A Norrlatown
Phila. Newtown
N.V
Phlla.
Ueadtng
Phila. Wllm.
Salt....

117
150
llSlg

41

'

68, P. B., 1896
Oen., 7s, coup.. 1901.

20
53
62
120
62

1st preferred

Pennsylvania

105 Hi
266
105 -a
260

'84,240

914*104

70

..

7a.

Western Penn.—6s, coup.

4

2d preferred
Delaware & Bound Brook
East Peun.=iylvanla
Elmira A Williamsport..

J.

Erie— Ist,

WJerseyAAil.— lst,68,C.

2H,

Catawisaa

United N.

"s's

I

Uen., 4s, >old, 19'23

]

112
166
112
187

135
116

I

69=*!

Warren A F.— Ist, 78, '96
100
West Chester— Cons. vs.. 113
W.Jorsey- lst,6s,cp.,'96 llSial

t

Camden A

220

121

A

1st, 7b, 1899
6a, 1909

Northern Central
North Pennsylvania

142

Snnbnry

Cons.

111
175
105

1164

'93114
Feb., 914 101

»<

Gap

A

S

United N. J.—Cons.as,'94
Cons. 6s, gold, lyoi
10a
Cons. 88, goM, 1908

17

Prefened
Lehigh Valley

117
116ii
1

.-

A Pac— l.st, 6s,1905
Consol., 6s. 19u5
Quiou A Titusv,— Ist, 78.

ll-a

Buffalo N.Y. A PhU
Preferred
Atlantic
Preferred

116
112
lib
IIB
106

60

Income, 6s, 1923
Income, 58, 1914

Te.l.

"ei

Minehlll
25I11

A B.—7s,cn.

Suns. Haz. A W.— 1st, 5s
2d, 68, 1938
Syr.Oeu.A Corn —1st, 7s.

Proterrod

'84 192%, 197'-.

June,

2I3 Oct. ;
6
Feb.,
4
Oct.
7
April,

iio"
93
105

10

118

...

Allegheny Valley
Ashtabula A Pittsburg

^

.1

..

aen'169, 1921

144

11

\io3U

shamokiu V. A Potts.—'fs
Sben. Val.— 1st. 7s, 1909

•74",

17aj

Preferred

103

78, cp.off,Jan.,'86

Phll.Wil.A Balt,.^9,tr.ct
Piit8.Cin. A St.L.— 78, rogl

Portsm.

Worcester A Nashua
Wisconsin Central

Ill

1

1

2U

Worcester...

Suiiuuit linnuh

Bell's

88,cp.'87

I

FoptttcottA Gait

A

,

122
123
99
110

A

•60

&

Det. Lansing
>fo., pref.
Kasteni, Mass
Fitchbtirg
Flint A Pere Marqaette.
Preferred

&

C—

Cons., 6s, 19'20
Cons., 5s, 1920
Phlla. Newt.
N.Y.—l8t
Phil. All.— lst,6s, 1910..
'2<l, 78, coup., 1893
Cons., 7s, reg., i9H
Cons., 78, coup., 1911..
Con8.,6s, g., 1.K.C.1911
Imp., 6.S, g., coup., 1807
Oen., Ob, g., coup., 1908
Oen., 78, eoup., 1908
Income, 7s, coup., 1896
Cons. 5s, 1st 8er.,c., 19231
Cons. 5», '2d sor. c, 19331
Conv..4ig. Scrip, '85-881
Debenture coup., 1893)
Scrip, 1882
Couv., 7a, U. C, 1893. .t

102

Concord
Couuocticut Klver
Conn. A Piisflnmpsio
Connotton Valley

Old Colony
Portland saco

A N. Y.
7,1906

Pa.

120
118 Hi

1919
78, 1890.

PmiAErle— 2d.78,cp.,'88

Michigan..
Sandusky A clev©.

Norwich

68, reg.,

Perklomen— 1st

wrefened

A West

IHO
90
110

123
106
115
90
165
86
110
100
142
110
94
210
108

Cons,

('aml)rid-o

Mo.

90

PennsylT.— Gon., 68, reg.
aen.,68, cp., 1910
Con8.,68, reg., 1905....
Cons., 68, coup., 1905...

108
98

Maine

68.1932

1st,

CltyAChlo.— 1st, 68..
OilCreek— Ist, Cs, coop
Oil

Atlantic & PaclUc
Boh ton ft Albany
Boston «fc Lowell.

A

119
122

Gen., 7s, 1903

6«
Puel.lo

Chic.
Cinn.

112

—

90 >«

OWColony-78

C'bcshlre,

,

Harriab'g— Ist.Bs, 1883

H.AB.T— lBt,7s,g.,1890

Cons. 68,1806
ItbacaAAtb.-l at, gld.,78
l«h.V.—
l8t,6s,C.AR.,'98 1-22
7^* 2d,78, reg.,1910
1X3
Cons. 6s, C.A R., 1928.. 123
N. O. Pac 1st, 68, 1920.
No. Penn.— 1st, 08,cp.,'86 i'o'i'

78'!

A

lU's

DeLA BoandBr-l8t,7s 117
Eaa( Penn.— 1 st, 78, 1888 105
BaslooAAmb'T-Ss, 1930 lOSS
6b, perpetual

09
37

fitTip

Im

BL«WnMp't-lst,68, 1910 118

0Stg

1..

...

N. Y. 3t N. £ngland—68
78
N. Mexico A So. Pac.—78
OgileDsb.<& L.Ch.— Con.68

Boston
Boston

Chat. M., lOs, \li8S
Now 7s, reg. A coup....

ConnMt'g68,op.,19(!o.04
.Cor.Cowau A .\ilt.,deb. 6s,
Delaware- Ob, rg.Acp.,V

"s'a"

m'

Kuiland— I'refeiTOd

2.i2

.

Sixth Av.— stock.'.".'.'.'."'

K. City

8.—7 8.

Ask.

'

!

I

?yway i.:84 88
Z<1S'<!'!0 ?[•*->:•;
100 L
14,000.000, M.&N.i 6 iXov. 1,'84 150
10 11.000,000! J. & J. 3 Juno2,'84 84
1,000
400,000:M.&N. 31a Nov. 1,'84 106
Var's
lM>,000\j.& J.
Oct. 1,'84 97
Williamsburg
60 1,000,000! Quar.
Oct. 20'84 138
Bonds
1,000 1,000,0001 A. 4 0.
106
1000
Metropolitan'(Biiyi.')"."I
100 1,000,000
July
90
1, '81
Municipal
"*
100 ^,000,000 Var's
Oc!.3, '84 205
Bonds
1,000
750,000 M.&N.
1888
106
Fnlton Monicipall
100 3,000.000
Oct. 15.'S4 153
Bouds
300.000 J. & J.
1900
107
'...
Eqnitablo
100 2,000.000
92
Bonds
1,000 1,000,000
1900
102
gna
by
H.
L. Grakt . Broker, 145 Broadway.]
LOHg^gH
-i
Bl'ckerSt.4FttiOv::stk
100
900,000|J. A J.
'841 24
»4|Jr.ly,
1st mort...,
1,000
700,000 J. A J. 7 Jnly.lOOO 109
Br'dway * 7th AvV— St'k
100 2,100,000! Q.-J. 2 lOct. I,'84'l70
Ist mort..
1,000 1,500,0001J. AD. 3 iJune.l90»|10S>j
Brooklyn Clty^tock'
10 2,000,000! Q.— F. Sla Nov., '84 213
Iflt mort,
800,000(J. A r. 5 iJan., 1802!lO.S
Bklvn. Crosstown'-l^tiik 1,000
100
200.000 A. A O. 4 [Oct., '84ll60
Ist mort. bonds.. ..
400,000'j. A J. 7
Jan., 18881105
Bnshw'kAv. ( Bklni-st'k 1,000
100
600,000' CJ.— F. 2
Nov., '84 162
central Crosstown— Stk
100
600,000| Q.— J. 1"3 Oct. I, '84!l50
1st mort
1,000
250.000!
M. AN. 6 N0V..I922 110
Cent. Pk.N.A E.RiV.-sVk
100 1,800,000, CJ.— J. 2 Oct. 1. '841139
Con.sol. mort. bonds...
1,000 1,200,000 J. A D. 7
Dec.,1902,119
Christ'ph'rAlothSt^Stk
100
650,000
P.
I'a'Nov.. '84130
Bonds
v.^t
York
.
Peoples (Bklyn.)
Bouds
Bonds

&

Ltllle K.

Cam. A Burl. Co.-68,'97.
Calawissa— 1st, "78, eon. e.

.

Easi'm, Mass.— 08, new.. 112 V
Fort Scott A Gulf- 7s
K. City I.awr. A So,— 6s..
107
K. City St. Jo. A C. B.— 7s
Ft.

106
106>« 10a<a

Cons., 6 p. c

N ebraska, 6s. Exempt
.

A Amboy-Os, c.,'89

Mort., «8, Itfeg

Nebraska, 0s.Mon.ex'pt 104
Nebraska, is
Conn. A Passumpslc— 7s.
Connotton Valley- 6s

Vermont A Masa

23 i2.000 OOo' Var's

|

...

.^/..i-

Cam.

A Maine— 7b
A Albany—7i ....
68
Boaton A Lowell— 78
6a
Boston A ProTldonco— 7s
Bnrl. A Mo.-Ld. gr., 7s. i

MexicnaCeutral.

,

cew
New

"ii"

...

income

Nashua

Par.

Ouus. «s, lli:<i
Ist, Tr. 68, 1928
Bair.PlttB.A W.-<iaii.,e8

Boston
Boston

1

I

Bonds
Kntual(N. Y.).I
Bonds
Nassau (Bklyn.)!
-

Paolflo-Ol

<fe

«tk

Bid.

Buff.N.Y.A P.-(Cont)-

Topeka-lst, 7a. 1119
Landgrant, 7s
US

Atlantic

and Baltlaore.

BKOtTRi'nES,

*

Preferred
Maiue Central
MancIieHter A La^vTence.
Marq. Hough L'ua^ Onton.
Preferred
Me r< '1)01 a u

"r^?,u''
1.000
„f™''f
C«5?trciiyiHobiken::
i8
Manhattan
60

Metropolitan

AU.

Bid.

BOMTON.

Atoh.

Loiilsiiina it

ISO
i02

*^'" *'"' *""' Railroad Stocks and Bonds.
[Gas Onotatlons by Geo. H. Pbe.ntiss * Co., Brokers, 49 Wall Street.]

GAS COMPANIES.

8KOVRITIK8.

E. 8. Balloy, 7 Ftna St.]

Commercial

260"

100
100
100
100
23

City
Conniicroe

Fifth

liOSi

j

Chane
Chathaiu

Murray

160
118

100
100

I

Broartwjvy
Butchers* & Drov'a
Central

(fe

t>7

rRICB.

Aak

Bid.

not NalioDal.

Irap.

[Prioat

519

((aotationa tn Boaton, Philadelphia

PRICE.

() arej Par.

Miirk»<1 thns

Local Secnrftleg.

Inaomnoe Hlock Mat.

COMPAjmCB.

J

<

.

,

Wilm.C.A Aag.—a«
109
Wli. A Weioou—tlold.78.
t

In dcfanlt.

{

Last price tM* week.

.

1

..

THE CHRONICLR

550
RAILKUAI) EARNINGS.

earnings and the totals from Jan.
litest date are given below.

The

latest railroad

Lateat MarninijB Reporteii.

New York City Banks.—The following statement shows the
condition of the Associated Banks of New York City for the
week endins; at the commencement of business Nav. 8:

1 to

1»»4.

18a3.

1883.

Als.Gt.HoutlierD October...
Siptenibcr
Atcli. T.& S.Fe
October...
Bopt. H. T. &
Bur.Cfd.R.&No. ad wk Oct.
Bt
i8t

1

wk Nov

wk yov
Central lo'wa ...
Central Pacltlc. Oct.iber...
Cbesap. & OUlo October...
EUz.Lex.&B.S. October...
Clies.

O.AS.W..

Cliic.

Ch.St.P.Mln.&O 9t wk Nov
Chic. & W. Mich 4th wk Oct
1

&

Ureenwich
Leather Mannrra.

2.127,083
1.0M9 378
4)8.-72
3,224,783

ntber

].ii^,5^t;

'.5,119,19^

t

Pacific

Chatham
t'eojilea'

America
Hanover

N.irth

...

wk Nov

1,9")5',bV9

2.

Flor.R'way
N. OL-toUer...
Ft. Worth & Den. October ..
Gal.Hi.r.it S. An. Sept. luli -r
«+raDrt Trunk... IWk Nov. 8

7811,037
3d"i.«U'

St. Nichnlaa
.Slice
Leather..
Corn Exchange ...

st

I

<.fe

Gulf Col. ASanFe Oclober...
HouH.E.&W.Tex September
111. Cent. (111.)... I6t wkN.jv

Do

(Iowa)

Ind. Bloom. A W.

llhwkOct

K.C. Ft.S.&Gulf
Kan. C. 8p & M.

a;l v.k
.id

Kentucky

S.4.53.95T
1,433, t»8

wk Nov

8t

'

wk

OiiO
l,8n(i,88

Oct.

Oct

tl0.i,4(i5

Cent'l October...

7e3.&2l

I-bk» i:rie * W.. Heptenibcr
L.Kk.cJtFtSiultli •jei tember

lA. & Mo. Kivei July
t#oui8V.&Na»liv, 1st WkNov

Mar. Hough. &

Octoi.cr...

Meuipli.

i

O
& Charl

Me)c.Nat.,NoD(.

Dlv

Poutliet-n

Minn.&8t.I.«iiiF

ii.tcmlicr

Mohlle&OUlo..

C)(t..ber...

I'iic

A

2,4.')8 .-.00

906,200

loo

402.,J0O

21,001)

2,41-2.300

707, -200
2-5,0.10

240,000
349.800
291,100

7(ij,40.l

17.1,80.1

5,,;:o0

Trad.

.

227,4
2.4' 5,37-

2»0„500

1.706.800

1,6211,900

l.;,40S.7i)0

4,:(03,500

1,730.200
132.000

21,934, 00
20,6.12,000

Third National

r.uau-.\iuerlc'n.
N:itinnal...

Avenue

Ceniian Eich'uge.
U--rmania
United states
LincdlQ

9J3.0(>J

8!. 6.871.

182,781

2,3-5 270
435. ,"12(1
G21,44.
223, 2hv
4.8.4S>
039,411

l,5Jl.at9

I,3J.-r2-3

1.1 5e: Ssi.

1,1)1 8,9- O
1!, 900,01'.
11(7.799 l.Ttil 43.
34-<,»i47
12,435

1,09G,JG7

1

September
October...
Se;.tember

6115.200

62 1,200
1 10,000
301,500

175,i..i0

;,

1,8-20,700

360.000'

297,000
45,000
45,000

4,176.201
17,11.2,0)0

449,»00-

4.740.000
1,171. 7i)0

177,600

1,970,300

225,000180,000-

2,3.8.9,I0|

2..50;,000
4, '.5 1,0 JO
2,60.1,600

302,000
138,100

2,141,100
3.0-3.600
1.816.U00

45",6o6-

I

2,312,-200

3,041,400
1,3:0,000

li9:i,80o

7-2.900

292,-200

iey,.;.ou

94(1.600

22,800

1,071,900

)-2,8 .0

192,800
200,100

437 200l3 9,10
175.300-

8..1-2.4O0

133,300

1,0'JO.OO.)

Loans.

totals for several

Specit.

weeks

O-

past:
'Ircnlation^Agg. Clear^os

l>epotsits.

$

$

I

78,392,800 :i2.72-J.200 :;I5,7H'2.60C l-i.92.),000 e0,),l;.5.931
Ii-2!)l,7i4,;00 7 ,1110,100 32,8 18,700 ,115,989.4 00 r2..J85.H. o 4 .8.632.568

Oct.2.5 -291,(183,4011

l,7'li!9i'5

Nov.

Sl,.i25
2,7.

el

5,866

290,287,900180. 106.800

-.3,'28tf,70l,-

1

,117,081,100

1'2.-

00,200, 477,2 10,695-

Uostou Banks.— Following are the totals of the Boston banks

I

N. Y.Ont. &\V.. .AuiiU t....
MorfoLk & West Ocioijcr...

Shenandoah V Oitobor...
Hortlieni Centr'l

Sei>t<

inber

Northern Pacitlc st wk Nov
Ohio Ccntial
l8twkN..\
Ohio* Miss
Ist, wkOl
Ohio Southern Oi'.tol)er..
Oregon* Cal... Scpl«m ei
Oregon Imp. Co Heptcmbci
I

Specie.

.

.

Deposits.'

476,-<ll

2,19V,or
031.37
4.085 00

3.6,;i6!'

11,05-1,9.!

2'!3.208

73,857

$

2.274. =.1)2

7o-,46l
4.5-.:.i3-

1

132.044
32 14 f.i
3,486.74
290,227
8,

2vf,43U

914,9S-

103 O ;9
46 210
100,518
2-9.821

3,12f,<5i!

o7U,5.3

.

1

Out.27 141,1.3,600

6,741,000

Banks.

I'liiladelpliia

*W

i

1

1

.

1

Texas *

N. Oil's ieiitem'icr
107,0,-4
O.s-17
83. M65
LouL^idiia VV'ii. ^cotcnibci
3:0. -25!
:-:5,053
G.'.909
413,404
Tex.* 8t. Ijaii-./ 3d"wk Oct.
34,-25
28,99!.
7 49.387
Tol. A. A.&N..\( Oct.iber...
24.5:0
19 21.
193.40
I GO.!)'- 3
uuuiu Pacific... Bepteniber i,499,27i 2,881 GiO 18.370.503 !",81.',80o
Utah Central.
756.21'.
-eptcmber
104.708
9S 59i
857.-7 2
Vlck»b'r,^'*Mer. Oc obe.-...
4oi.g-<8
55,1 K
6 1,935
387.830
Viek.sb.81i *l"a<\iOctober.
27.49.4H,77:
18 1,983
97.1.00

19, >1'

,

.

Wab. tt.
* l".!.fd wk Oct
West Jersey
September
Wimonsin Confl 3d wk Oct.
* N't including L'tnh lines
.

41)

i.

000

381,17.'
ll.),43

131.406
3 1514
after July

31,08

i,di'6"8i'.
'

1.I26.'j5

iis'i'.iiij';

1,1

-5,7o4

OC

27

N.iv.

Missouri, .vrkansas

aad resHs.

bank&

10

•

*

iQclii.Ung

*

Ailaiitic

—Following are

Bill.

Jtk.

(VDt. Dlv..

Isl,

.iirt

N. V

*

Plula

*

J-— Debeut.
(.'oils t,l

Deuv.* UioHr.
K. U.

o.iar.
K.ll-on

...1

*

by D.
I'a.!.

W

50
3i|i<

40 s

29^
1

l\

Ist 10011

— 8t'ck Irnst

.Mich.

11.,

*

V
itj

IS'.B

«fe

85 "n
35
8
2
19

a

1st

J^»

2a »4

New

4-4

4

30

78

U, lis
PoHtxl rol..ttOal>l«— Stock
SniitlKTii rel.— Stot;k
Ist tllOl t
^liite of i L'UiJ.— &ti('iii't.3»
vVeHioni
St. JoMdi'h
!?t. .lo. it P.IC, l.->l iUOl'L.
'Jtl lUO t
KaiM.
Xeb., 1st tuoit.

3*4.

31
7

l-i'.;

SOi-i

15
100.

38
90

iijort
iV.

Pac— Scrip 1.-8-1.

8cni»

I'HX. St.L.,.vI.AA.«\iv.,a^i»
M.iSi. A. Olv., 1st iiiiMt..

M .A A.Oi v„tucofiic>«,ad

32
34
33

ll

i>

6s, l«t mott., in TeXiis..
U- n. l8t,l«l.gr.Aiiu-.;)sp,
I'ex.ittC!

1.

Iinp.-Ex-Utl..

Prof
4

...

mort

«3
K)i.,t p,._sr,i^v.

1

InX. nio;

5-1

W.

..-.-

a^

Po>ial Teleffmiili—atuuk.

Texas

Alt
76
9

4y

i;.S. Kli-ctric J.ighl
V^ic HbuTiC t& Meriilian..

cti»

siib full p.iid.|

Ml. K.eitic— OldsliicK....!
V.

Atiautic

ULiiHHt

Olil «.r!i»

13

85

Mexican Nauonal
Miit.Un

\t.v

A

3i\

40

Liallt....

tojk

73

jNewb. IiuLclK\£Uuuu..i>!ef
lohio LVui.— itiv. Uiv., iM

'2il

32",

1st .iiiH-l.,Cs

2d mart
Kbely Motor

biiuilrt..

A

4

W., It M.,
K. O

—

....

19

*

l-.iiictrlc

li.-oigid

55

11

III [1.1

HiuOiaaile— Conii

^i

48

-

1

Cuniiuouial

'4

7
-

I'l-et

Cciii.ot N.

'1

>4

We.st.-St'cK

Iicbeniurca

Psr.— l>iv.

Pil*8iMir>f jc \VcBt«ru

9

«

1.1

11. r..t

Bid,

SecurLUtB.

;

8",

& E.—S%!W stock

I!u-t. 11.

.\.

3!i,828,3:-)7

latest quotations for

'PoiiHiUjnla

M

(ion. m..rt

I>cu.

4. ,01 1.907

'Norli Kiv. i*uM8.— loC

l>a.-,.-stii, k ...1
1st iiiori
,

]:ank.*Mcreh.Tol.— iBt

Ucu?

43,567.857

7,951,869

[

jNortli.

1

West. Div

lUlir.

I

8.01i,>'28
8,05H,n4.i

past:
>:ecuritU8.

>

09.321,055

91

1

item "due to other banks."

tlie

Am. Bank .Note Co
A 111. .Sato Uep.per.de 0.11.18

Bosl.

7.i,10s,441

22,6V.i,8-l8

Unlisted .Securities.

week

Oirculatton. AfjQ. Vlear*g»

Deposits.*

$
68,976.768

21,144,375
22,.i57, 140

74,180,007
73,-35,950
7n,l51,473

1

:t

.Mi)iie.y.

7-«.

1.

(/Corpus Curinli to dalii.lo, 397 miles; up to May erabracoil onlv
23'i iiiiles. l.a edo to Saltillo.
t Only
136 mil..s now. but prior
to Hay raprescuted 297 mile-'.
a Sot includini; earninas of New \ ork
Houii. iL Oluo roil.
A .\ot, i'lciiidins Central New Jersey In either
i rncludod in Central PaeiHe earnings above.
fe-Ar prior l» June 1.
; o;iaoi'4i"M.i ll'j'-i in

—The totals of the Philadelpliia

Lawful

I

!

92,830,300 23.735.500; 63,931,707
91,814,5110 23,78-2.400 58,81 1,4689.8,813,600 23.j6,-).00lll 68.039,91 (>•

are as follows:

.

1

6,047,60(1
6,789,30;.
6,850,90t.

.N.n-.S 140,753.10.1 7, 10:, .'.00
" 10 I42,06ll,5.)H| 7.20s,500

1

.

Circulation. AfK. Clear^os

175. 49H

215.4181

2 504 89:i! 2.973,30S
Pennsylvania... ^ci.tinilicr 1,458,871, 1,6.;4.9H8 36,3.^9 009 37.89.i.907
Pooria Dec AEv Int wk Nov
I1.6(;6|
13 3401
t)51,30.i|
609.953
Plilla. & Erie
-eptcmber 352.'J6i| 380, i74 2,«til.700 3,0.2.43.
Phita.A Reiid'^/i Sci'tcmber 2,S7c'.451 3.S3i.217!l9 033.431 20 816.201
Do C. & Iro.i .s.'iitcml>er 1.574.607 1.S61.194. ; i: 10,951 1 .•,338.8.".3
B:cUm'd*Danv. Oct. l)ir... 429,179; 4J9.8
3, 3 "1,733,l40,S0-<
Oil. Col.* Auk October..
96,7.= 3|
98 20 s
6.17.8771
66S,9.(i
Columbi:i(tGr. Oet.ilK r..
86. -247
9.-l.019|
516,703
GO.', 169
GeorciaPae.. (^ct.bcr..
ti5.9il(i'
42.301
Va. Midland. October...
167,5! 6' 1 70.1 "7 1.351,77.. 1.420.7( 3
West. No. Car October...
4l,513i
44,006
312,121
3U.',658I
EJuh. * Pitt^b'^ Ist WkNov
51 -.3 6
9'7,ti27'
22.059
1».310
Koine Wat.* Ok \iiRust..
170. -.'S' 171.406 l,o73 206 1.049. ..53
8t.l..Alton*T.Il nhwk Oct
41.176
47.8a9 1,101.862 1.216.2m9
Do (lircha.i :Ht wkX v
098.'2i<3
11.8..5
14.390
633,216
8t. L. Ft. S.
1st WkNov
8.751
*l.l.l9l
'.16779
8.580
et.L * San Fran, st wk N.iv
88.07
87,073 3.9 7.(01 3.171.8:5
Bt.Paul* Durth Ist wkNov
3 J ,0 5 1.097.958 1,131'. 40
40.473
Bt.P.Min.* Man Oct .ber... 1,00-1,389
91i;.8,Sl 6.670,8 i9 6.849.6.11)
Buuth Carolina t). fiber.
968. '^6
57,35
146.294
1,073, iSO
eo.PacCal ,N D. Au^'ust
153,0 i9 140,610
9i!<,g9
83.',9ll
Do 8o. Div.i. .Viigust
282.-8:
:44.; 01 2,339.6 " 2,77v,5 .1
Do Arizouit.i Auj;n.st
130.6.5
£07. 24 1,217.- 76 1.6^3,219
Do N. Mex V Aujju-t
«-',994
.31,^76
05.188
447.32

I

45,000
219,100

290,287,000 80,106,800 33,289.700 317,084,100 12.800,2,

1881.

Aujiust.... I,534,427i2.068.4<i4 l0.i.U3.«73 13.14o,2^1
N. Y. Pa.
O. AiiKUst ..
4,'t95,356
480,569 753,- 6
3,(i08,3t!.
N.Y.Susq.&West acptember
90,f;»5
95.417,
7.0.190
749,006

&

79-2,1100

The following are

391 870
900.-52

2.150.11-

358.571

076,1)00

'.2,4-20,700

2.41

ll.i.4.)0

1,687,300

Oarlluld
Filth National....

Total

300

3.045.600

1,8 0,400
i.nj'2.100

325. '.00

'e-i'.io*

1,320.300'

836,300
13.020,-00
8.282,000
2,392,000

1,368,300
1,423.000
373,000
312.000

590.900
332,00

I

l.U!,U00

.

44'i",bt)»

1,5:13.0.)0

12-2,500

9»S,0»0
564,500
177.-00
195.900
498.900
78.500

4, 74-2. in),

...

Uowery

Fifth

4i'7'9a'd'

10J,O()0

1,534,179

Chase

265,700-

2.6 10, -.00
2, 500,. loo

6.931,700

685.700

4'4.^3()d-

345.000
45,000

3.120,000

;6,;-i8,-..7oo

5,1-23.000

(1

8,8(18,600
2.687.00.)
Sii3.000

5,310. '200

4,-26.f..-iO0

o

415B"ld
45,000
6,400

66.1,700

14,87.-1,000

2i>l,')75

852,91)0'

4,102.400
3,408,300
1.73J.OOO
3.211.000

l,r-8t,(.0O

Nmth

.''57',24n

6,2.i:;,9oo
2,56-,),OO0

3,70-2,400
1,8 '4,200

.

871,100
878,900

4.5 IH, 800

1.75a.000
2,992,000
4,1H8,000

Naliiiual...
Fiiat Nationiri

2,1-i.i.o'.

17,544,500

334,000

l'2.927,700l 3,061.0011
ti.jsl.ooo 1.818,000
tilO.oo
1, 82,000

Exch

27,91,0

10,:!53.O00

2;-3.OO0
6.58,000

Soeoml Natiiiual..

Foii.th National..
Central Nali.iii .1..

"ifiWi
604,700-

00

505.000

18.000
KfO.loo

216,200

40.900

1,1 69,:

.'!8J,000

1,003,0001
1.017,700

603,500'

8.715,300

5,'28Si,7oO

1,712, f.14
2,48^,74•^

."lO.iiSa

•21, C6
12 1.28
25 J. 271

i,

292,500

8.,3,000
a2o,3.K)
2.4

5-20,800

2,lii5,0l)0

North Kiver
Kast River

N. V. Nat.

3->si'73

53.-!47

l.">,510

(& I.M.) Sci.tendMT

Mash. Ch.& St.L.
K.O.& Northeast
N.Y. & New Knj:
K.Y.L.Erie&W.v

7.491,100

-

Other lines c. il wk Oi-t
Milwaukee & No 1th wk Oct
Mil. L.Bh.&Wpst. ist wk Nov

Mo

miiorters'

Pa k

767',i'6"j

27.087

wk Oil
wk Oct

ill

t

3R1.7
353.512
327.210 11.437.813 11.917.110
770,sieO
819,77
127,276

wks

3.1

Oriental

fi2.I0.

Scpl
October...

Mexican Cent..

156.100
31-1.000

N. y. County

ll-'.ST-l
44,S.'.h

l,.Rk.M.Riv At- September
Jjona Island
tst WkNov

151,700
317.4.10

Contineutal

9,172,740

2,-..'27

3,s,.7oo

.S.044,300

54

1.5-22.800

13:t,S00

3,215.700
1,475,700

2,216,700
2,701,400
1,909,100
2.6.9.000

.....

.

7(iO,l'00

2.t)3S.000

..

&

74','y9(i

1.91.T 039 2.f.ti2.007
i4,(;ri5,75i 16.418, 1.'.7
33 '.071
373,9'.i7
1.4G1,29.^ 1.1191. o.;
2-'8.909
lH<,4*'e:

wk Nov

Gr.BayW.iiSt.P.|lBl

'

IrviU!?

740,881
312.2.0

5:-i9,700

6.»y-.400

5,.-s8,000
6.032,4 00
I.HS'J.SOO
4,S85.:f.m

Market

P. Mani.l

790.200
978,300

17.119.600

."Nassau

&

1,477,0,10

195,000
268,100
138,500
416,700
1,391,000
2,589,800
418,000
485.800

Brojdway

2,901,0; 2

Flint

92,900
4 30,000
2i9,7oO

Corunierce

2.740,789

741,34.

'.06,0(10

1.3..,21.000

2.ii97 8K0
2,824.il5Li

E.Tenn.Va.&Ga. f"< pteuili. r
Evansv. &T. H. 1st wk Nov

1U,"00

1,!00-

248.100

18,22^,200
2,447,000
3,255,500
1,512,800

1,700

100,100

Americ'n Exch'ge.

Motroiiolitan
Citizens'

Dub.A-8iouxCity nib wk Oc-1
EBarera
St^ptenibir

1.54,200
254, -200
3,2l).l,rf00

»:lt),400
1,1-155,000

28;V,s'hV
1,3'J5.S'10
8:'7,!4li

2^'8,2'l"2
I.15i,'.;9.(

500,000

5.f

siii'sdo-

8.258,000
4,164,200
12.052.200
2,147,000
14,393,S00
1,914.800

3-22.H00

245,200

l.:06,S00

Mercantile

157.310
5,003,600

707,900

1

1,021.000

2,BS)5.200

Hej.ublic

Denver i Rio Uv i8t wk Nijv
Denv. &R.G.W October...
DesMo.di Ft. D ISC WkNov
I)e,t.Lan8'(;& No. 1 st wk Nov

'.7'.l,HO0

3.079.-.'00

Y

2,144,70-'

1,111,500

808.000
869.400

Sevenlli Ward
State of N.

1,317,805

,300
342.000
8,054.700
351.100
877.900
6,081.600
4,:< 1

'2,736,1:00
4,>>H\.bait
l.<ie2,4(IO

& Tr...

21,46.1,565
•1,649,129

IthwkOct

Nor. Sii

Esch.

931,700
885.000
136,000

1.784.i'00
1,459,01)0

H,0J9.900
1,140,000
14.100.400

Mechanics*

Clev.Akion&'ol 4th wk Oct
Clev.Col.C* Ind September
Connotton Val. Sepienibtr

8,3.<5,000
7.3 44.900

7,0O:i.6O0

19.«81,30J

Cin.In(1.8t.L.&C Ir.t wk Nov
an. N. O. i T. P October...

10621.000

60.1,000

Oallatin National..
Rntcliera'* Drov..

1.4i.H,i;88

Mll.&St.P. !st wkNov
Chic. & Noilliw. IstwUNov

3. 930,000

2,478.000

.Mer.:hanta'

450,000

1.38-2.000

8,622,000

Chemical

tinn.

S

2,073.000
1.082.100

4.3:'1.000
10.,^04.000

Ti-artesmen'a
Filiton

Cirmla-

7.841,000
7,S77,.!00

,

other
th,in U. S.

10,28.:i,000
...

City

603,522
91,S5t

riiic.

iJanburj'

Union
America
Pbenix

7,451.(158
is,t;34,l97

Ut wkNov

Cln.Wash.&Balt.

Mecliauics'

1.1

& Alton IBtwkNov
Burl. & O .Septemiier

Chic.* Kast.

2.1fil,!l0t

4.591.002
1.077,801
3,2.-5,102

wk Nov

1st

Manhalti.u Co
Merchants'

J0.771,3-.'3

Chicago

$

New5'ork

283.322

\et DeptiHtS'

Legal
Tenders.

Specie,

Discounts.

11,510,593

W

Canadian Pacillo

Loans and

of—

Ampiiiit

Attertiae

Jatt, I to Lalait D'O-e,

Roadt.
^t^^4.

XXXIX,

[Voi«

Inc.imi n.

...

5>a

4

.

NOVEUBSR

9

.

THE CHllONICLE.

1881]

15,

1

11

55

ABSTRACT FROM REPORTS OF THE NATIONAL BANK3 MADE TO THE COMPTROLLER SEPT.
OepoiUt.
wSrjM.

Lottiit

Burpltu.

OaplUU.

30, 1884.

ItxdMilual.

tt

niM

Oolfl fntd

din-

Treaturu
connlM flneCu l/olil V. II.
aiei
ottrdrofU.) cerllflcatei. urUjleaiia

Olh'T.

9
17,439.5.54
8,4^3.St•o
ll,554,;)3>
112,'S.S,5-5

Mallin

f

^ N Iliinip.'Ulre.
^M Vt'riuoiit
Flcwt.in
M.isR., otior

°
""

KIumIc lalnnd
Connecticut...

w

IV1 Itf7.

Totniniv.No.l

I

!».'.:«7i

1, 25.),,

f Kcw York City
» All)any

^

l'07.1tto.t>oo

l,40U,0ii0

E
M
I
(

Delaware

1

P.'.'-.'ll.303

6.0!l."),5.!)4",.'i.-><l

Biiltlnioro ...
MHr.vliinil.oth.

O
5
^

0.).!'S-.5

3,83">.5iii);

IMltslmrn
Kcllna., other
Total Dlv.No.2

•(J

it,MliS, .'.!!,")

New

5

;.'^7"i

I,823.i)t5

bti,diu

11.713.2«0

3,00!>,122

2.li7!<,200
arv.'.ooo

78*,i-0
302,000
00,000

3.-^36,700

5, '33,B.>7
4,f;4.>,.53-

l<0,6o;^

4.031,367

Florida

813.335
10,123

Alnt>Hiiia

256,101)

l6i',!V9u

2.998,97.
403,55:!
8.55i;.lt6

l,ly5,000
K.OOO
1,688,942

Ixjui.ivtlle

..

2 '3

3'<.il7;.7iM)

i

—

f

fl

h

2'i..54;),in6

-

lii6,074
8 4.S.'8

430.839
6J«,543

3J5.80
346,, 18

(.

:i».65. i.7BO

6,871,0n6

7.5,000

03

Orei.'(m

6f>5,0iiO

Washington T.

R.n.i.iioo

8!t.77i)

.->,-.i7.,,ouo

f.6-<.lH7

10.03H.>':<y

1.500,000
2,0'O.OOC

California, otli.

Total Dlv.So.T

I

2,

2!

Colorado

2.B42

0.1(01)

915

1.807,000

1,BH1..>!I4

87.-jii5.1h1?

4. 2 9 8,.507

is8,yi»

2 4 3,30.
l,966,Sli8
5,552, > 5.5

.6n».B0l<

r

4

.>•^^l

<17.5.-'S

..•>

83l.Vlrt
1

(I'l

•

ok the national banks

—

bonds

,

8'lTpr C'l'n
Bllvcrccrf 111 'Elites

Tendernot's

Ksttonal bank notes
Clear! g lloiie ouch's.
U.S. ctfs. of deposit....
Due from U. 9, Treas.

Other roaources
als.

X(iilHi;f<«.

CndlrHod

30-95
11-50

314

profits

CIroiilatlOR

a4-l

Duo

«5*;tO

todep'sttora

Duetobanks
Other

liabilitlos

Totns

1

3,050

5,1
22.970
47,314

48.417
65,i9l
83.H20

26 •..692

1152,0

5,2 • 6.736

»o,:)94|

30'!^
1'5.1
•J-8H

1V7^

o

Hi.

i7

.5..5..-,

ll.'^l"-. 291.119

Ob'

rill';

21,678

,50.4:10

IH).!)68.0K7 47,217. 34U

resekvk

ciTiKr*,

5:<'.,532

2l;0

14,300
'8,8b'

30
610
9,>ll

56,8>,7

13.998
8.767
94.'.>93

J,l.OU

;<.bo8

1,770

447,85/
948,941

SO.mK'J

10,453

33,173

697,168

5L'.>.li3i)

14,111.

2,t.a.f.6

1

31,4'
10,.54O
7,8

67,751

6,640

P16,'i58

3,.S01

2-20
2->0

53,'''35

7,419^
3,537;

.VK

^r(,.a> fund

l,32:l,«18

50,940
1,000

t

50

1.007 030

1.215,799
1,604.47H

1147.

4

l.i-.8:io

1.510
3,000
31,970

7.5..S

5,«l2,'a>^'

2,551

15930

1,400,7k I
1.418. 161
18,374.2.

4fi.!i81

10,210

211.617

2i).02ol

1

o.iiOO

118.951

560

ii«4

Cap'ljll sroci

l,2«.).i,o|

00

20,360

7!'.0-l

"2,i'60

Treasnrv cert's...
Gold Cleaf. Il'm«.ec*.f9.

To

14,305
158,375
18.623

14,866
24,4HO
4!i,-

455.6.>3

222.119

6 19.267

.341.

138.2:15
2.^8,703

18,99.1
3:i0

43,7 fO

319,733

4.6.5.5.321

3,900

150,000
57.660
29,21U
18,330
2,170
276,690

303,46-

13.5,4^5
6,1181,632
301.G9I.

•

IjCiml

60.000
2,180
6!i 3,930

1,0><5,639
43 -,661

12.0.c.,r.i»i.j

estate

a]

137,233

43i.87.

112,02.

Due from banks
U;

2,180,8 5
2.0S7.717

431,872

f t.>cX«, bonds. &.C

tJoI

50O.130|

li:<.446

Bondfl for d'culatlon..

fi Id coin

8,.51'8,4-.7

660,941'

Redources.

g.

6.9li2.102

735,S)4»
1,2 19. 8251
674,5;i9l
3..0.731

8.9.52,.'^5

12,5H7,787
3.53 K.262

CirL£S, &c.

other U

'.,061.325!

'36.756

21

99,276
115.433
88,307
1.470.0d0

srArKME.s

I.,oaD3

21,i3,,y?6
2 -.319,69

1

783,S2u

.57,18

33.280
424,000
53,310

47.-, 826

7x.0f0

HK E

2H.IH7..96!

74i,0S_l

4,4t)!

'J

l.l4'.',ro-<

000

TOTAr.S FOB

3.013,22;:
9.754..5il

5.000
16,410

.5,l!IO.!02

.-.2.5

5h

824,4-iO'
1,13 1,922
41)2,0021

t-6o

95.780
24,790
3-'.'^40

17:>/l8:

4

2

8.27i>,7:^4
2i,4t.'.,36

54i236
30 820
422,760

85.1i-(:

36,58'i

21',99

Wyoming
.

31.637,;:00

730
1,640
82,960

liiO.OIfi

l,12*,14i'

243.7.iO

.S.

33.5,4921

lO.tOi

437,(91
4,74 1,1 «.=

«:00,000

U

5,52f123.5.":

20.000
266,000
1«3,214

l,6.">0.0.>ii!

5

Total Div.No.8

19.38'.

78,59-

031 '.000

13;

rtah

Total for

8J,3U<
79,10166,011
26.41
42,6:f

9.10S,i>llt,

2.fM\U0i]'

..

200

.500

4'

ld:.l)0

^ Montana
New Me.vico

2

4,3i-i,39J

476.068

3.0 -0.241
5..502,09r
2,074, loS
l,242.4:;6

•^

g

169, )72. /U2

V5.0u0
225.310
460,241
07,807

San Franci.se^.

^ .Arizona

S

K 4, 1)23

442,32.=i

Xerada

•**

6

:^0J()55

Dakota

r

I

8.'<.'>3.2

1«,1.M,0J

d45,,-lt<
fiOi.fido!

N'eliraska

1

2

8<i4,819|

0,'-yj,584

V,1H3,635
1,71H,326

St. I-inits

Total Div.No.6

^

•l.&O i,2!i4

2<l.942.72i;

5 Kansas

^
•a

H40,000

2,1T9,-4C;

.2 MLssouri, oth'r

^

2:«).25»

283,:i3I

210,000

63,500
000,125
4.817,481

50.

6,573.718
1,835.480

312.1.53

fi,570

4.660

45,00

40.0:2,905

101,270

27-,..60

'i8',:V60

132,914
729,29
477,521
34.612
46O.490

40.1..52O

2,Jl

478.911).

2,043,097i

36,077,267

201,147
2,706,780

13.7,50

724,040

"•i,9i\
5'10

l,.i36.56o

137,400

9.68<

ll,2.i9.30:
',10^,1.59
25,7.59,7011

4,-io9,7S8.

Minnesota

169.00;
8 .'.07!.
14,60

49,(S4

niinola, otUcr.

Iowa

))85.6»u i7,3»0,li<U

0.1, 11,11

7l,0i0

DcToit

614 tU.lin.MOO

3.683, io>

4o?,o48

« Milwaukee
(.

22,0'30
29, 00
367.6911
U.I 60
74.37<

2,:<IS,H."iO

Cliieaifo

WUconsin.otli.
Total I>iv.No..5

72f>.41b
117.86:.
1,140, 61

710,045
325,15;

13.')7.i

1,080
15,560

4

O

02il.U^,
30, 8

17.319,7^0

7I2.14-*

10

17 1, -204

1,720,7.7
4 1. .i»S

D.HI.

74,ti02.61j

1

•-•.:)

(,

87i.,000
3.5-, X31

^

07.8.
208.!'

2,l7o.7U4
4.i3,-'b2

MichlK'n, other

4,8I2.v|.%

41.810

111,

ll,922,T:i3
7,9l,5,.5»4

S

2,:i3o
919,1,01)

44.1

40.9.0,4.)2

ll.^5-<.07(

',1)85

1M,2.')5,:!.

.

1.51, lori

329,7381

l.lOti.iJOO

28

31,801,141

E

I0K,:407

110.91):
31,59:i

1,88.

1.3i5.»bU

l.i)4-'.9-il

7,799,771
15,193,343

OS.i.OOOl

Indiana

11,' 0<

11.944,68

31li,8.i8

4.498,109!
3,7-0,6-9!
3,040,000;

Ohio, otlier

143,410
46,000

•
174,01%

y, 174.1901

821,1-6.5

1,811,414
1,06, 107

•f rindnnatl
« Cleveland ..

9,3 H

0/

1,120

42,150
2,410
15,000
42,720
33,020
l03,t2U

..

Tennessee
Total Div.No.4

49U.400

«. f//».
deitoiil.

<t iJ

4,2»<,

I3,U41

r.0,7i>t-

107,863
74,757
812,140

14'<,274

A rkaiiRiis
Keiitiickj'.otli

I,726,S.'0
190.131
3.162,237
.«5.H46,50« 4^,o4 ,1 10

4 11,511

10.8M

MLisiftflippt

I

1V6.930
100,400

3.i,3«,2t::i

1^0,J3d

(.O.ll.tiHIIII.Otll.

1.^7.14l

b9o,7ir.<:

5,505,637

0,077,429

20O.8;i4

Orleans..

21,23if.(KU 40,7U6,1.U
4 5.961
169,500
2.069.4-J7
461,t>10

20.0.59.700

77i',.')00

New

7^,032, 207»]

«

4l,8!5s'
OJ.D.lHi

12,3.50

117,750
3,2l5NnU'

4.3.4i.,:i

04,61)^/'

S Te.\aa

(.

.'2,0 'O

>4i,i70

Oeorjrla

I

4U,2b6
110,^86

1

437;i27

2.<u>l.n<)U

VS.iai.U.'^

NnrthCirolIna
iRouihCiirollun

I

:,.<»7,t>06

69,02 •.Hi
4M5.

«57ii,..(>3

V

rirtnla.

•<

38

:<74,M4

1,262,3 2

Wcat

S

25^,.

4tiO.Si.«,IWi

101730

310,415
1)53^40

1

233,15

-;-.

86,072,03:)
30. 1 8 .83
6O.0.'8.7H8
23,8.50,05-

258,972
11,737,720

Total Dlv.No.3

j3

IM^.Uti

:;05.4'/.<,51.'.
7.'.:!l3,69

2,i':»i,736

Dist. Col., oth

J

72.14

62 4,232

5'r,9'o6

1,135.000

WasliliiKton

fl

U48,i.i>5

-Mlv

3.50:j.4(i7

N. York, other

Jei-scy...
Ti t*hil;uUOpbiii..
HB

0.8.5

73,!)7j.17j
•JH,T43,31
Ol.lia.l' 2
2O.b51,0.J2

0,152.7.^(i

42

5,500
9,360
2,002,710

il

Trratiiru
letrlijle'let

*

1>.4I0

lt'0,^44

1.4,52.6

30. 1 77,6 12
40,55«.ll.2
30i, <u.i 7

Silver.

S

555,TB5l

183,97s
3,386,176

8.«,7l»6.10f;
.

HO. 18S4.

25.926

131.815

2011,743

8"
8,770

89,914
9,435

500

70.4:17

3.;

IH.l'Ol'

l,;i4^.o-r2

8,09-.i.5.>7 3.331,.511l

91,24tl.25»

and totaus.

:

.

THE CHRONICLR

552

1 tt v

c

B

t

mc

[Vol.

ISCOME ACCOUNT,

tt t

1880-81.
Itcrelpti—
Net eai-niuga

$
815,331

—

I>hbursementit
Inten st on moitg. bonds.
Interest on incomes

ilailfaad lutcIUflcucc.

4-20,000

40H,000

MisceUaueous

The Invkstors' Supplement contains a complete exhibit of the

Funded Debt of States and Cities and of the Stocks and Bonds
nf Railroads and other Companies. It is published on the

ANNUAL REPORTS.
Mobile & Ohio Railroad.
{For the year ending June 30, 1884.)
The publication of the report waa delayed by the illness of
Col. Jordan, the General Manager, whose death occuiTed on
Nov. 9, and whose loss as an upright and competent officer
the company must feel very greatly. Mr. W. B. Duncan, the
President remarks in his report
"The trustee and receiver upon his accounting to the court,
and the committee of re-organization upon terminating tlieir
trust, turned over the balance of the new securities remaining
in their hands respectively to the Mobile & Ohio Railroad Co.,
as authorized and directed so to do by the court, and the
company placed the S3me with otlw-r assets so received to the
credit of a renewal fund. Apainst this fund has been charged,
from time to time, certain outlay not strictly connected with
the operating of the road, and among othfrs was charged the
$100,000 expenditure entailed upon the Mobile & Ohio Railroad Co. in the construction of the Kentucky & Tennessee
Railroad (Cairo Extension) over and al)ove the amount of
money provided for by the issuance of the Cairo Extension
:

bonds.

"Furthermore, on the creation of the $1,000,000 first mortgage extension bonds, the balance ($400,000) of said bonds
not necessary for the absorption by exchange of the $600,000
Cairo Extension bonds, was appropriated to reimburse the
above-mentioned $100,000 by sale of $100,000 of said bonds
at par, and the remaining $300,000 bonds are held in and
for account of tlie renewal fund, to be disposed of in like
manner as may lureafler be required for such furtli^r ailditions and improvements as may be deemed necessary for the
maintenance of the business of the road.
"The securities so held in the renewal fund at this date areas
follows $300,000 first mortgage extension bonds S';l06,300
second preferred debentures; .'^7,200 third preferred deben:

:

tures $317,700 fourtli preferred debentures $85 shares of the
capital stock." * * «
"An examination of the comparative exhibits herewith
attached will show that while the gross earnings of the road
have in effect been uniform for the past four years, with the
exception of the yellow fever year, and the exijenses have also
;

;

remained about the same, the road has been compelled to do a
largely increased percentage of l>u&iness for the same amount
of money the constant struggle on the part of the public
to
reduce rates, the attacks of legislatures, and the increased competition arLsing at various points, has forced a reduction in
the passenger and freight rates, which the management lias
however, not altogether objected to, in view of tlie desire on
their part to meet the wishes of their patrons as far
as they
consistently can, leaving a net result in the increase of business.
The net result to the present time has not rewarded the
company for these reductions." * * * " The connection

Total disburse'ts

is beginning to show its
miportance. The business received at Cah-o during the past
year has mcreased materially. It is proper, however, to state
that a certain proportion of this is lost at Jackson, which, before such connection at Cairo was made, was received at
that
point, but still the balance is largely in favor of the company
and shows the value and importance of this connection."
The comparative statistics for four vears, compiled for the
Chronicle, are as follows:

OPERATIONS AND FISCAL RESULTS.
18S0-81.

Total miles owned &oper.
Operations
PngBCDgerB carried

—

Fae8™germileage

506

1882-83.

1883-84.

527

5'7

527

239,680
303,952
300 725
404, .570
11,312,655 12,409,125 13.335,825 15

$
416,127

Piisstngers
J^-eiglJt

&o

$

401,702

427,999

1,791,503
170,187

1,617,932

413,094

1,716,339
126,720

1 ,712,023

144,ii40

2,377,817

2,164,274

2,271,058

2,278,917

470,307

487,956
293.584
596,238
49,926
174,441

495,334
300,802
624.799
50.955
169,114

463,106
22S 291
625,4^8
57,394
173,233

1,602,145

1,641,024
630;034
72-26

1,547.407

152,900

Of eratlng exr-ensee-

Maiut^-nanco of way, Ac.

Maintononee of equlpm't.
Traiisportatiou expenses.

Taxes
Miscellaneous
Total

Net earnings
Per ct. of op. oxp. to earn.

303.'i63

575,S16
48,318
158,7t2
1,562,486
815,331
65-71

562,129

7103

$
731,450

456,000

471,200
265,000

1.59,0f0

823,000
Dtf.12,669

562,000
610,626
SHr.129 Sur.13,408

736,200
Def.4,730

1880-81. 1881-32. 1882-83.
1883-84.
Assele—
$1
S
S
m
RR., Imild'ps, equip., &q. :0,812,2S1 :0,812..281 20.832.281 21,028,969
Land aepartm't assets...
807,447
817 634
843,4:i3
945,197
t ills A- aec'ts receivable..
1:!S,!04
71 ,03-2
61.12-2
176.621
.M.iteiinls. fuel, &c
327,735
325.,831
392,396
343,943
Cash on h.and
297,485
400,423
120,880
3M)56
Renewal fund
105,'220
405,220
Car trust assets
50, ,406
12-2,653
92,602
Misctllaueous items
43,497
5-J, 805
40,166
:

1

Total assets

22,416,069 22,170,437 22,456,227 23.118,434

Liabililies—

Stock

Bonds (seoScprLE.MEST).
Interest on debt
Car trust

5,320,601
16,-250

5,3-20,000
7ft. 124

"3.ir4

5.320,,600

50,406

122,654

8:

Reuowalfund

.3

102,090

19-1.293

41().7.h7

10-..9.'5

125,io2

153,041
96,144

10!i,L'51

,885

511 ,062
146 ,450
276 532

142,048
127,043

,253

92, 602

107. '•38

All other dues and ace ts.
Prolltand lo.S3— General.
Do
Special
l>o
Landdpt.

Total

5,320,000

000 16,250,000 16,2fl0,0J0 16,630, 000

59,039

L,and department

153.011
24,2a3

22,416,6o» 22,170,437 22.436,227 23,118,434

liabilities

Memphis & Charleston Railroad.
(F^r the year ending June 30, 18S4.)
It is acceptable to have a report of this company again after
a lapse of several years without reports. The President, Mr.
Samuel Thomas, remarks that large additions have been made
to the company's motive power and rolling stock, under the
car trust lease authorized to be made at the last annual meeting.
Additional freight cars are now being built for the company under s.iid lease.
Ho calls attention to the improved physical condition of the
and especially to the amount of steel rails now ia
the track. In view of the present low price of steel rails and
the greater economy and safety with which a good track can
be oijerated, the substitution of steel for old iron rails should
be continued as speedily as the means of the companv will
permit, until the entire main track shall have been laid with
property,

steel.

The increase

in the company's gross revenues during the
year amounted to about 1'3 7-10 per cent of the revenue of the previous year.
This result was attained notwithstanding the fact that the company has as yet failed to derive
the full benefits from the completion of the Kansas City Fort
Scott & Gulf Railroad. That road was opened for traffic
October 23, 1883, but owing to Hoods in the Mississippi Valley
its operation had to be suspended Jan. 29, 1881, and it was
not until April 9, 1884, that it could be fully resumed.
The following is a statement of operations of the Memphis
& Charleston Railroad (leased), for the year ending June 30,
last fiscal

EARNINGS AND E.XPENSES.

Earnings—
Freight
Passengers
Express
U-S. Mall
Miscellaneous

1883-4.

1382-3.

f8l4.041
476,158

$714,285
438,144
47,472
36,120

19,493

)

29,012)
25,312

Total
Operating Expcnsen—
Conducting transportation

$1,394,019

Motive power
Maintenance of cars
Maintenance of way
General expenses

'.

$29P,69]
228,639
72.966

$1,236,023

$303,196
293,750
171,787
76,763

J
J

240.'943

115,817

Total
$958,108
$345,493
Net earnings
$433,911
$390,525
The percentage of ojierating expenses to gross receipts is
68-7 per cent, against 6S-4 per cent last year.
Tlie increase is
fully accounted for by the fact that last year, for steel rail and
fastenings, there was spent but $3,015
whereas, tliis year
$151,008 have been spent in this item alone.
In addition to the above, and included in operating expenses,
there have been expended the following sums, properly chargeable to betterments.
Freight on new coaches and cars, $3,393 freight on new
engines, $7,416 four new depots built, $12,200 two new
passenger coaches, $9,000 re-building condemned engine No.
7 (balance), $2,283 total, $34,294.
The interest charge on bonded and floating debt in 1883-84
;

731,450

6789

;

;

;

was
Total gross earnings...

1383-84,

630,0:4

45G,O00
10j,000

;

Etcniings—

1382-83.
$

;

1881-82.

,267,220
Freiglit (tons) moved
364.430
345,7,51
357 4<)3
408,889
Freigiit (tons) mileage... 86,956,914 75,184,535
75,330,860 87,',024,793

Mail, express,

$
502,129

GENERAL BALANCE AT CLOSE OP EACH FISCAL YEAR,

;

between East Columbus and Cairo

1881-82.

1,026

Balance

—

Saturday of every other month viz., February, April,
June, August, October and December, and is furnished roithout extra charge to all regular subs bribers of the Chboniclb.
Extra copies are sold to subscribers of the Chornicle at 50
cents each, and to others than subscribers at |1 per copy.

last

XIXJX.

$354,699.

GENERAL INVESTMENT NEWS.
Boston & Provldeuce.— The Boston

&

Providence shows a

slight increase in net earnings for the year ending Sept. 30,
1884, over those of 1883, the gain in the passenger department
being considerably greater than the loss in the freight department. The figures as submitted to the Railroad Commissioners of Massachusetts are as follows

1

[

November

THE CHRONICLE.

15, 1884.]

18S4.
$1,059,811

E»rulo;;.i fr.>m jmssciisors
tiiinlnifB Ir 1111 frfljtUt

«U,600

Totil trtmsiiortntlon oarniacs.

Land and

.

biiildlnKS

Toliil iuoonie

Total vxpeiisrs iuoludlng

2

)

UXC8

Net income
Kentalc Attlcboro braucU
IntPii"st ju'criu'd during tile

j'oar

DivicUiiils diicliiiDd at 8 per oeut
Biirplus ei'i'tinilier 30

1883.

f

I

.Ov'.(>,32fl

$1,701,311
32,830

ii>i.0H;,ne2

$1,727,147
1,303,110

$l.(i1!),l3l

$3C3,0i8
11.973
2H,140

$3S7,alI

21,172
1,311.82'^

l.-,08-<

32ii.0(>

3 iO.'ioO

41d,171

412,4.^0

—

& Uio Grande.—The New York TCerW

cable to dividends— )l,136,6r0—'8 equa' to about i?^i»rc«a»
on the $80,000,000 cap:t J »t)ck.

k

LonU.—ThU

N. Y. Cliicagro
St.
is the first ot the Vanderbilt lines to file its report witli the
York State Commi*sioiiera for the <|uarter ending with Sept. 80.
The following l«

New

a statement of the result for the ((uarter, in comparison with
that of the quarter ending June 30:
QiuirUr eiidimi
mpt. 30, lf*ii.

ll,-;3i

Canadisiii Pnciflc. A dispatch from Ottawa, Nov. 11, said:
It is understood that the C^anadian Pacific Railway Company
has been successfiil in making arrangements for the redemption of its bonds whicii, to the amount of $10,000,000, were
hypothecated in New York as security for a loan of $5,000,000
which was paid to the Government in connection with .the
^riuirantee of last autumn.
IH'iiver

553

says: -'Mr.

Pothonier, representing the English bondholders of the Denver
& Rio Grande road, has arrived, and speaks hopefully of the
future of tlic road. The bondliolders' committee will not
make anv report until the plan of re-organization is ready,
whicli will probably bo in a few days. The Denver & Rio
Grande directors have disapproved of the action of Receiver
Jackson in defaulting on interest on the first mortgage bonds.
Frankfort holders of the Denver
Rio Grande firsts have
organized for the protection of their interests."

&

Louisville
this

&

Nashville.

— The

company

1883 were

for September
as follows:

gross and net earnings of
and for tnree months, in 1884 and

Grata.

.

1884.

July

August

$1,060,101
1.117.313

Septeraber

TotalSmos

l.ll.j.bOG

$3,322,783

.

1883.
$1,124. 776
1,251,127
1.331,179

f3,710,0«2

Maine Central. —The annual

-Xel.-1S84.
18S3.
$t;i7,7«0
$135,'J33
4 82,!).477,(331

531,984
570.742

$1,430,423

$l,543,48t>

report of the Maine Central

Railway Gomp.any for the year ending September 30, 1884,
the following showing in comparison with last year:

makes

Gross transportation earnings
Earnings fiom rents and niiscc!. sources...
Total receipts
Deduct operating expenses

1883.
$2,83.5.4^4
21',I20

$2,864.'

Less interest and rents

1

1884.
$2.81.5.372
10,421
.$2,S-2.5.7y3

l,S3»,70i

1,750,713

$1,024, 008

$1,07-5,0-0

827,101

Surplus iipplicable to dividends

$197.«04

.$224,461

Michigan & Ohio.— The Michigan & Ohio Railroad Company having defaulted in the payment of interest due on its
mortgage bonds on Nov. 1, Frederick J. Stone, as the holder
of 72 of the bonds, has begun a suit for the interest on them,
amounting to $2,100, and procured from Judge Barrett, in
Supreme Court, Chambers, an attachment against the property
of the company.
Milirankee Lake Shore ic Wcsteni.— This company has
taken a perpetual lease of the St. Paul Eastern & Grand
Trunk road, which extends from Oconto to CUntonville, Wis.
The leaseil line is to receive 30 per cent of its gross earnings.
Missouri Pacifle. A statement has been issued of the Missouri Pacific earnings and expenses, including the Iron
MountairkDivision, for three months ending with September,

—

as follows:
Cross
Earnings.

Kxpeiitfr.

Earnings.

$l,2S2,2til

$7a4,tS40

1.494,477
1.537,015

728.50^
682.003

$41*7,021
065.81)4
H.56,037

$4,263,783
$2,145,240
Interest, leases and taxes for three uiontbs

$2,118,542
1,107,872

Dividends received for three montlis.

$1,010,070
123,000

Julj

August
September

Xet

$1,133,670
of miles operated was 1,897; the per cent of
expenses to gross earnings was .50'3, and tlie amount appli-

The number

188-1.

$737,385
930.195

N.t
utbcr iucouie.

$240,33!)

$108,239
13.092

Total Income
Cliargos

$249,338
331.211

$211,022
361,071

$131,003

$1-19,119

Deacjit

The statement given above is by no means discouraging,
when, in the worst of seasons for the trunk lines, this new road
charges olf its full interest and shows a deficit for the quarter
of only $131,903.

It will be observed, also, that while thia
shown, there was a net decrease in the items
in the balance sheet of loans, interest due, wages and supplies,
and sundries, amounting to $333,603. Below is the balance
sheet, comparing the condition on Sept. 30 with that of June

nominal

deficit is

oO:
Assel.1-

June 30. 1884.

30, lH»i.
$70,822,670
391,932

Sejil.

C.>st(>f propert.v

StdclfB and bonds ot other oomnanies.
EiiutpiiiHUt bonds trust fund.

Duo b.vag nts and others

$70,655,56*
391.933

51)0,238

7.35,887

.3.56,378

351,851
10),015
111,53»
31,375
451,470

102,925
li'7,118
34,37.5

:

the forty-four miles was the assumption of the bonds, .$3,700
fier mile, and $3,000 per mile in ca.sh, a total of $6,200 per
mile, and at this low price there is a good profit to Atchison
on the ti-ansactioh."
Lake Shore & Michigan Soutliern.— President Newell of
this company has signed bonds of the Mahoning Coal Railroatl
Company to the amount of $1,500,000. The road U leased to
Lake Shore, which guarantees principal and interest of these
bonds.
This circumstance may have given rise to the report
that the Lake Shore was going to issue more bonds.

endinm

June an.

$70;i.771
950,-433

Kansas City Fort Seott& Gulf.— The Baston Transcript Supplies on liand
Ciwli on hand
remarks ''Tlie Fort Scott Company had more than they asked Sunrlries
for 1J3. 400.000 tendered for the building of the Memphis "cut- Cash with Union Tnist Co
off," 151 miles.
Its purchase of the Pleasant Hill & Da Soto
Due for mails
branch of the Atchison was of advantage in that the com- I'rofltand loss
pany secures twenty-five miles of line already constructed
Total assets

parallel to its surveyed route, by a purchase of forty-four
miles for less than the cost of its contemplated twenty-five
miles. The Fort Scott also gets a six months' advance in its
construction time, as the first part of the line embraced the
most difficult work. The De Soto road crosses the Fort Scott
twenty-one miles south of Kansas City. The price paid for

(iuarltr

Orossoiinilugs
Operating expenses

81.395
.5,92

J

1,140.840

,

1

$73,356,398

$28,000,000

$28,0O0,0CO
22,000,000
15.703,000
4,( 00,000
3,027,043
618,590
487,411
20,554

Liabilities—
Capital stock, common
Capital stock, piererred..

22,<>00,000

Fuudeit d.-bt
Eiinipmeut bonds

15,703,000
4,000.0.0
2,977,043

Loans and bills payable
Interest on debt

Due for wagcp, supplies,
Sundries

455,510
422.380
73,961

&o

$73,633,900

Total liabilities

New York & New

England.

,003,937

$73,633,900

$73,856,598

— The directors of this company

at their meeting Nov. 11, authorized a committee consisting of
directors French and Higginson, of Boston, R^c^ of Worcester, and Martin and Laith, of
York, to proceed with the
settlement of the fioiting debt, outside of the car trust, by the
use of second mortgagd bonds, a certain discretion being
allowed the committee in matters of detail. The matter of
providing for the car trust indebtedness was left for future
consideration.
The Boston AflvrUser gives the following: "The finanNew England Railroad Co.,
cial statement of the New York
as returned to the Railroad Commissioners, for the year ending
Sept. 30 last, compared with the previous year's operations,

New

&

shows the foUovping chmges
reduced $31.5,000

— thereby

:

Incom", $310,000

expenses

less;

making the net income $35,000

Rentals Increased
larger, or $420,000, against $385,000 in 1885.
$14,000, and interest accrued for the year increased to the
extent of $70,000. The deficit for the past year was $677,000,
or $46,000 larger than the preceding year. The surplus that
has been gained in previous years has been used up, and the
deficit Sept. 30 last amounted to half a million dollars.
"In the traffic department the number of local jjassengers has
increased, while the number of through shows a small loss.
Local freight shows an increase, while, as was expected, the
number of tons of through freight h:indled show some falling
off.
There is al.-o a considerable reduction ia the number ol
employes, from 4.814 in ie83 to 3,796 in 1884.
"Of the new construction reported the past year the larger
proportion represents the car trust certiticat s, tie real additions to the cost of the road being only some .$700,000. Taxes
have been reduced from .?1-50,000 in 1883 to $12.5,000 in 1884,
wliile unpaid interest footed up $663,400 Sept. 30, 1884, against
$106,650 Sept. 30, 1883. The loUowing comparative table is

made

:

Total income
Total expinsos OnoludiBg taxec)

Net Income
Ken tals
Interest accrued

Dett.ibforjear
construction

—

1884.

1883.

$3,30 •,032
2,911,020

$3,571,858
3.186,377

$120,406

$385,480
74,843
939,184

8 ",903
1,008,945

$070,991

New

2,51», 02

Karnings pa-^i^enger department
Karuiuga freight department
Ulhur income
Passenger mileage

],/40.427

Freight. Ileal nilleas-'e
Freight, through mileage
Freight, total mileage

Num' ciof employes

$631,,604
1.599 ,90«
l,2ol,,788
2,114,,524
198,,500

1,9.55.«8^5

10),919
54,299,310
18,801,814
119.852,778
133,534,292
3,796

39,393,,758
ie,K59,
130,5.53,,188

133,213. 010
4,

MISCELLANEOUS EARMIMU8 ("OnlEB INCO.MB.'

Hudson River transfer
A. & W, Bprague&Oo
Gniin elevator
Kents.
Whaivi'S and docks
Miscellaneoiw, &c

....
-

••

su

)

$22, 613

9SO
937
46, ,113
36, 67»
58, ,995

$165,919

:

THE CHRONICLE

554
HALAKCE SHEET SEPT.
Costof
Cost

roafl
of tiiiiipnifnt

WatiTbniy

1S83.

$29.6941)74

$2!j.ti81,051

New

3.7m.^,672
2,(;89.'.!17

exteiii-iiin

Euglaiid Transfer Compaiiy

CoiinectlcutCei'tnil

Steamer W.

T.

40,!)00
2!i0,a77

RR

O t'TH
2,689,449
4 0,900
283,042
2.4.

152,912

Hart

$36,604,055
79,061

Tstal permanent Investmcot
rasli

Due fniu oompatiifs, &o
Marorliils and supplies

$34,146,052
73,7.'i9

371,i;9l

6I4.i!20

314,706
7.2J8
46.000
499,874

487,076
39.J5t
46,000

Total assets
Liabi:ities —

$37,982,037

o,58:>,7o7

Capital stock
Funded debi
Uutinidi-d debt

$20,000,000
15,801.318
2,181,319

J>ebit l)alaiic. 8

Capitalsti.ck
Profit and loss balance

XXXIX.

—

30.

1884.

Asse's—

[Vol.

l';7,l'.i4

Oregon ImproTement Co. This company for September
and the year since December 1, 1883, makes the following
exhibit, compared with coi responding periods of the previous,
fiscal

year:

—

All Dieislona SepUimher.
1^84.
1883.

All DivUiniiS since Dee. 1.
Il-8t.
1883.

$2S9,H21 $ 82,:42 fJrcss
Gross
$2,77«,373 $3,283,200
Net
73,451
111,521 Net
595,048
1,000,042
In the month of September there was a fallinj! off of 24 per
cent in gross and 34 per cent in net earnings. For the ten
months of the fiscal year the decrease in gross earnings was
only 15 per cent and the falUng off in net as much as 40 per
cent.

Rochester

& Piltsbnrg.—Two

were presented toPittsburg Railroad Company at their meeting on Wednesday. That in the interest
of the present management (which was successful) was as
follows George F. Stone, Andrew Pierce, James Francis,
Geo. W. Parsons, Frederick A. Brown, John H. Hall, Walston
H. Brown, F. O. French, A. L. Hopkins. Adrian Iselin, Jr.,.
Henry Day, Wheeler H. Peckham and Alfred Roosevelt. The
opposilioa ticket had the names of Messrs. Stone, Parsons,
Francis, and others, but polled only 56,'207 votes out of 200,000
in the whole capital stock. President Brown's annual report
for the year ending .September 30 was read. It gave the followiiig account of the road's financial condition
the stockholders of the Rochester

tickets

&

:

Protituud loss

$37,982,037
1,393
$7,019,000

Total liabilities
stockholders
Stock le'.d in Massacluisetti

Number of

$35,583,7o7
1,925
$7,49.5,500

—

The Boston Transcript remarks: The net earnings of
the company for the last three months of 1883 were exceptionThey showed a deficit instead of net returns. The
ally bad.
game months this year are e.tpected by the directors to sliow
the average of the earnings of the eight months since Jan. 1.
Should they do this the net earnings for the calendar year
would be about §700,000 net. instead of |430,000 net for the
The net earnings
fiscal year as reported by Receiver Clark.
since Jan. 1 have been as follows
$21,<^23 June
$68,106
January
66.091
i9 354 July
February

Gross eari Ings
Opeiating expenses

$1 ,063,932

790,964

Net earninca
Cliarges

oil

$278,963
488.149

interest, taxes, rental?, etc

;

Maicli
Apiil

May

52.0i.^

Aujiust

61.i82
51,635

September

$--.11,916

Total

And
says

:

management

of the receiver the
the stockholders of the New York

as to the

"When

8J i> 5
73,015

Transcript
& New Eng-

$203,181

Deficit

There

added to the deficit $70,000 paid in redeeming^
car trust ctrtificates which matured during the year. The
year's consiruction work on the Buffalo & Pittsburg Division
amounted to §^250, 293 and on the Rochester Division to
is

to be

$96,205.

—

Second Ayenne (N. Y. City). The Second xV venue Railroad
land Railroad Company accepted the proffered services of Company gives
notice of its intention to pay immediately the
Charles P. Clark, Director and Vice-President of the New York whole
of the serits of 150 bonds (depot bonds) of $1,000 each,
New Haven & Hartford Railroad Company, they did it tinder dated May
1, 1879, and payable on or before May 1, 1889.
honorable and jiublicly made contract that he would pratect
*
*
*
Union Pnciflc— The Baker City Br. of the O. R. & N. Co. i*
their interests and the credit of the corporation."
" Mr. Clark's record as receiver may be briefly summed up. now completed lo Huntington, Or., where the connection with
He bars up the new line to the Hudson River, in which mil- .the Oregon Short Line is made, 404 mdes from Portland. The
lions have been invested, and declares the business worthle>s. ballasting is in progress, and the new line will be opened for
In connection with the Union Pacific
While the Boston & Albany is building extensive sheds at tiaffic about Dec. 1.
every station to accommodate an increasing coal traffic. Mr. and its Oregon Short Line, this completes a second northern
Clark, with more direct connection with the coal iield^, line to the Pacific Coast. By this line the distance from Omaha
declares the business profitable only for a short haul, and to Portland is 1,821 miles, of which 877 miles, Omaha to
refuses it for a long haul. He declares the suburban passen- Granger, is on the main line of the Union Pacific; ,540 miles.
ger business unprofitable, and raises the rates a fraction, and Granger to Huntington, on the Oregon Short Line; and 404
he succeeds in securing less business and less receipts at the miles on the Oregon Navigation Company's road. The disgame expense. Then he declares the road a worthless concern tance from Chicago to Portland by this new route is nearly
unless the stockholders step in and pay its debts, although he the same as by the old route via Northern Pacific. It will lie
gets permission from the court to spend the stockholders' remembered that the Oregon Railway & Navigation, the Union
money for permanent improvements. Having reduced the Pacific and the Northern Pacific some time since made a
volume of business he houses his heavy locomotives and pulls tripartite agreement which divides all the through Oregon
out the discarded traps of some years ago, puts them in order business East and West.
at an expense of some $80,000 all charged to operating
Mr. Charles Francis Adams, President of the Union Pacific,
expenses and taken out of net earnings but the work is not recently faid: "I will leave for Washington to consult counsel
repair
shops.
These
have
been
closed,
the
company's
done at
on the mail case which has been i)ending a long time. The
and outside shops find it profitable to do the job.
adjustment of the company's issues with the Government
"Meanwhile it is i otorious that the buying of New York & would not hurt the company. The amount due the GovernNew England bonds which has maintained them at about 90 ment unpaid is about -fl,.500,000. The floating debt of the
and 100 for the sixes and sevens, has come fiom the Hartford company is not pressing, and we shall pay it off just as fast as
New Haven people. They declare that the road is worth we can sell the necessary assets of the company to do it with.
its bonds, and the New York & New Haven directors in the
The comI cannot state what iiarticular assets will be sold.
New York & New England board say that they see nothing pany has a great many bonds of different roads, and it will
for the company except foreclosure and possession by first sell whichever bring the best market prices. The selling of
mortgage bondholders. With a railroad built and equipped these assets willnot impair the control of these branch roads.
to do business to the Hudson River, Mr. Clark appears to be I cannot give the exact figures of the net floating debt. When
devoting his energies to limiting its traffic to the eighty-six the books closed last July it was about $5,000,000.
are
mile haul to Willimantic, where business can be delivered to paying off this floating debt out of earnings at the rate of
the New Haven road, which will do the business to the Hudson about $500,000 per month. There is not a word of truth in the
River, one hundred and thirty-five railes. Upon some divisions report that we propose to issue new bonds.
do not mean
the New England road has even to allow the New Haven road to issue any new form of mortgage of any kind."
swo thirds of the joint proceed?,
The following are the land sales for October and since
New York Stock Fxchange. The Governing Committee January 1 of the Union Pacific and Kansas Pacific land
departments in comparative tables:
has listed the following :
1 883,
1884.
New Yo.iK Centkjx & Hudson $6,.500,000 5 per cent
Amuuut.
Amounl.
Ac<es.
Or/oler.
Acres.
debenture bonds, dated Sept, 1, 1884, and payable Sept. 1,
17,133
10li.32.S
$91 ,,-29
Ki^n^au Diviaion...
$354,793
The total issue authorized is $10,000,000, of which Uuioii Division
1904.
12..,418
101.3.7
230,185
92,1.0
$3,500,000 will be reserved, in accordance witli a resolution of
l;il,,90
198,178
$180,211
$322,314
Total
the board, to take up bonds of the company maturing in June,
From Jan 1.
188.5, and in December, 1887.
234.014
$1,092,344
L'ivislin..
374,710
$1,639,649
KauMis
St. Louis & San Francisco.— Bonds to the amount of
•
2,001,241
6,34ii,998
6::«,0'J0
4,162,146
Uuiun Divition
$3,000,000 were j)laced on the regular list. These are 6 per
cent general mortgage bonds, dated July 1, 1881, and having
86^101
$3,090,585
4,530,856
$7,986,647
Total
50 years to run. The company asked to have $2,180,000 of the
The Treasurer of the company gives notice that during the
bonds 1 sted, but as the application did not state that the
will purchase any or all of its
$11^0,000 of bonds had been duly certified by the trustee of the current month of November he
mortgage, the Ooverning Committee decided not to list them outstanding land grant bonds, of the several issues, at thefollowing prices:
at present.
Bords (if ihe series payable April 1, 1887, 103 per cent, flat.
Oregon & California.—
press dispatch from Portland,
Bonis of llie series ayalue October 1, 88f ;0i per cei't, flat.
Bonds of tile, scries payable Aprd 1 889. 10 per tout. Hat.
Oregon, Nov. 13, says: "London advices state that the Oregon
Construction Company has been awarded th'i contract for
Any bonds of the above specified issues may be tendered
budding, equipping, and keeping in repair for one year, a rail- before the 30th instant, at the office of the company. No. 44
roail from the p^^8ent terminus of the Oregon & California
Equitable Building, Boston, or at its office. No. 195 Broadway,
road, to meet the California & Oregon road at the State line. New York, and will be received and settled for at the above
Tlap contract price is |2,000,000."
rates in cash, regular delivery.

—

—

&

We

We

—

—

—

.

.

—

A

,

|

,

1

i

—
November

THE CHRONICLR

15, l-it!4]

Jhc Cammerctal

COTTON.

'4t;ime8.

Fkiday. p. M.. November U. 1884.

Thr

COMMERCIAL EPITOME.
FniDAY Night, Nov.

An

14,

18W.

with some success, to involve in doubt
the result of the late national election was a disturbing ele'
ment in mercantile t;ircle8 durin g the first half of the week
under review, but has been almost wholly removed since by
effort. att>niied

the progress of the official canvass. It is evident that the
establishment of absolute certainty on this point is now
chiefly needed to fjive an impulse to business, cause a general

and impart fresh activity to manuThe weather has been pleasantly

restoration of confidence,

factures

and mining.

655

seasonable.

Movi[MR;rr of thr Chop, as indicated br our telegrams
from the .South t(vnight, is given Iwlow. For tM week endinK
this evening (Nov. II), the total re<!eipt(i hare reached 300.114
bales, against 257,041 bales hist week, 277,470 bales the previous
week and 285,112 bales three weeks since; makmg the total
receipts since the latof September, 1884, 1,061,985 bales, against
1,075,589 bales for the ttame period of 1883, tiitoviiim a
decrease since September 1, 1884. of 18,604 bales.
ReceipU at—

BaL

QalvcHton
Indianola. &o.
Orleans...

New

Wed.

2.157

5,582

....

....

5.007 17,003 18.600
2,272 2,700 2,582

Mobile

8,202

lirnuHw'k, &o.
Pt. lioyiil,

iO,7D«

...

32H

328
88.740

8,290

4,076

3,506

....

....

63

61

930

1.305

1.191

l.Oii

8n

5.818

....

---.

iJic

Toua.

1.681

8,149

...

4,707

t'liarleatoii

Thun.

6.741 20.947 13.542
\o»^
1,4 16
1,381
J
2,921
7.882 6.810 6,971
....
....
1,033
6,037 6,121 0.479

Florida

Snvaanah

The speculation in lard futures has been comparatively slow
throughout the week and prices have varied but slightly,
closing, however, with rather more steadiness, and a confident
feeling generally, at 7'39c. for November, 7-20c. for December,
7-S2c. for January, 7 27c. for Ftbniary and 7"33c. for March.
Spot lard has he^n lower, but closes firmer at 7'3j(rS7'40c. for
prime city, 7'50@7-55c. for prime Western and 7-8oc. for refined for the Continent. Pork has declined, and late sales are a*
^15@|15 25 for mops and $17 50@$17 75 for clear. Cut me.its
are also lower, pickltd closing at '1%@8},2C. for bellies, G}£@
ii-'gc. for shoulders and 10@ lOJ^o.
for hams, and dressed
hogs are down to 6@GJ^c.
Beef and beef hams are altogether
nominal. Tallow, at a decline to 6}ic., has become much more
active.
Stearine is quoted at 75^(380. and oleomargarine
7J^@7J^c. Butter has been somewhat depressed, creameries
closing at 22@31J^^c. Cheese ia f rm and fairly active at 8}^@

Tut*

8.841

Jfon.

8,464

ii,.)oe

2.921
46.403
!,0J3
29.829

WllmlnfTtoii....

493

Moreli'd C.,&c
Norfolk
West Polnt.ic

....

....

....

....

....

700

700

3,9 i;k

5,932

4,375

4,852

4.611

5.77J

355

....

1.277

1,007

100
675

784

085

637
710

4P5
72^
128

29.518
22.745
2,754
4,886
129

5

28

69

as

11

793

916

22,74.")

New York
Boston
Bait more
Pblladolp'a,

ice,.

Totals tbU week 20.523 44.094 41,677 34.936 50219^ 67 70S 269.114

For comparison, we give the following table showing the week's
and the stock to-night,
and the same items for the corresponding periods of last year,
total receipts, the total since Sept. 1, 1881.

123 ^c. for State factory.

Tne following

is

a comparative summary of aggregate ex-

ports from Oct. 27 to Nov.
Forte.

11)8

Bacon,

8.

lbs...

8.32S,353

Total

l!),2^8,lll

lv,filH,li.7
7.2!)8,1(>6

Dec. 1.089.800
Dec. 'i.8(>4,'V 8
Iiio. 1,027,18^

22,154,733

Dec. 3.053,803

3..«8.40f)

i'.i!5i,i.')8

lljs

J.ard,

1883.

1884.
l.-4S,20O

Brazil coffees have been rather

more active on the spot and

fair cargoes of Rio close at 9?^c. and firm, while options have
improved a few points with a moderate speculative movement,

closing, however, barely 8teady,with bids at S'OSc. for

for December, 8*3Uc.

ber, 8-15c.

Novem-

for January, 8'40c. for Feb-

ruary and 8 50c. for March. Mild coffees also fairly active and
firm Java, 14@l(5c. The visible supply of Brazil coffees has
been slightly reduced. Riw sugars have been rather quiet,
but close firm at 5@5i'8C. for fair to good refining, while fair
refining options close nominal at 485c. for DeceralDer up to
5-lOc. for April.
Refined sugars quoted at 65^@6JgC. for
crushed and 5,%c. for standard " A." Molasses very quiet, and
teas are without movement of importance, except a large sale
by auction. Foreign fruits tend upward.
Naval stores have had a very slow sale. Spirits turpentine
;

closes

somewhat nominal

at

31}^c.

and common to good

Petroleum has been depressed
by an increased flow of new wells, dropping to-day to 66@67c,,

srtrained rosin at $1

22@$1

37.

closing at 68o., a decline of SJjC. for the week. Refined is
nominally unchanged. On the Metal Exchange business has

been slow iron is firm tin easier lead dull copper quiet.
Philadelphia advices report an improving tendency for pig
;

;

;

;

In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Receipts at

—

1883.

18S4.

18S1.

1830.

1879.

23,314
83,246
20 100
33,793
29,549
S,S09

11,38.1

71.308
H,9i«3
36.918
30,747
4.832
69.031
13.629

15,949
57,135
13.405
40.312
2S,0T5
8.5B8
46.464
22.924

9,919

22,469
62.535
15,113
36,095
26,001
5,11^
37.490
13,237

242,078

259.164

233,462

256,618

218,403

30,374
81,438
13,993
31,370

Wilm'Kt'n. &c
Norfolk, &c..
AU others ...

21,121
83,740
11.500
46,J03
29 8J2
6,518
52.2G3
12,66^

w'k.

269,114

Galveiit'n.tfec.

Now

Orleans.

Mobile

Savannah
(Jliarl'sfn.

Tot.

tills

Since Sept.

tfco

we

18S2.
30.6 IG

17.27(5

5,636
60,i97

1. IPr.l.9'55 in75..=iH9

45.S3.-i

1945,071 1890.828 21 14.-.54 is'ssie

GiilveBtnn Includes Indianola; Charleston Inc^udns Port Ro.val, Ac.;
Wiliuiuirtou Includes Moivbead City, Ac; Norfolk Includes West I'oint.Ac.

The exports for the week ending this evening reach a total
Kentucky tobacco has ruled dull, the sales for the week of 207,431 bales, of which 95,216 were to Great Britain, 81,651
to the rest of the Continent, while the
being estimated at no more thun 250 hhd j. but prices are to France and 80,554
stocks as ma<le up tliis evening are now 779,413 bales. Below
firmly held at 7}<@8;?:^c. for lugs and 9@13}^e. for leaf
In are the exports for the week and since September 1, 1884.
seed leaf extrame dulness prevails. Sales for the week 200
From Sept. 1. 1H84, to .Vop. 14, 1884

iron.

;

.

cases 1881-83 crop, Pennsylvania, at 5@12J^c.; 150 cases 1883
crop, New England, at 13@35o.; 100 cases 1883 crop, Wiscona'n Havana seed, 19(ft30c.; 50 cases 1833 crop. New England

private terms, and 100 case.? sundries at 5@i8c.; also 300 bales
at 80.-.r^$l 15 and 150 biles Sumatra at $1 30@$1 60.

Havana

Contt-\ Total
Great
nnt'n.,^'""'] nent. Week.

from—

I

\

Galveston

New

0,t59j

Orleans..

25,838

18.303

.

0,689
22.109
14.145
6,-Wl
7.819

8,775
2,313

3,305
8,088

1,8»
95,216

61,491

2S,622

TO.BflS

180.670

816

816

1P.7JI

80.807
60,6«8
16.630
79.137
iii.tas

12a.056

Incluilco exports

«0.73l

1.754

1.751

2,132
a,4S»

24.241

28.8bU
6.784
1
1,723 12,628
1,830

e8,iM2

236,360

8,778

TS.S70

130.152
121.683
20.834
8I.26S
2ia.f4S
80.304
72,145

81S

8,2W
8,888
8.132

ll.MA

S6.W3

8,036

21.283
1.608

826

30,078

issai
19.S34

632,868

Total.

56,421

83.0«0

31.631,

SO.Ml i07,421

lli.VM

<^.\il 207,7 111 ~4rt4.m.-> 143.777

from Port Koyiil.
t Includes exports from Vital I'ulut,
'

Britain. Franc*

^316

18.916
8.750

CoiM.

areat

1»,!87

818

Mobile

Ocean freights have ruled firm, with rather more activity. Florida.
There has been especially an improved demand for grain room Savannah
Charleston*...
and many charters have been made for Cork for orders at Wilniint;ton...
4p. 6d. from this part and 5s. from Biltimore; and by regular Norfolk+
New Vork
steamers hence, grain Gd. to Liverpool, 6@8',id. to Hull, 6%d. Boston
to London; cotton to Liverpool 9-16d.
Late petroleum naltlmoro ...
charters have been mostly on private terms, and rates are PtaUadelv'a,&c
Total
nominal. A material increase in our tonnage is expected in a
Tout 1HS3....
few weeks, but how much of it will ba available is quite uncertain.

Exported to-

Exported to—
Exportt

203U3

828.502 1,0U.CS9
!H<<.f>fe!

„„

!

In addition to above exports, our telegrams to-night also give
US the following amounts of cotton on shipboard, not cleared,
ut the ports named. We add eimilar figures for Nevp York,
which are prepared for our special use by Messrs. Carey, Yale
& Lambert, 89 Broad Street.

On Shipboard,

not cleared- for

Great
Other
Bi itain. France. Foreign

New Orleans

48,547
2.OC0
14 01)0
2o,yoo
16.V92
43.484
3.700
7,000

Mobile
Charlestoa

Bavanoah
Galve.ston

Norfolk

Vork

Oilier lions

"^Zt

2^
3^

a

22,961
None.
18.000
20,2C0
5,8il

None.

1.195

300

3,050
2,000

None.
None.

None.

3'

140,716
12,577
51,894
89,808
33,088
9,776
94.513
57,467

107,670
•2,500

41 ."iOO
40 SOO
30,363
44.679
7,050
9,000

.">,9ao

Total 1883
Total 1SS2

150,523

38,324

72,092

22,629

289,563

439,814

98,453
135,123

19 537
18 694

34 809
59.015

13.61,-i

160.414
230.580

075.765

17,848

H *«
ff

£.2.

K

.

!

Of the above, 200

in transit.

g9c£.

r^

each day of the past week.
Xoi'.

8

to

Nov. 14.

Sat.
I

Ordin'y.ftt)
Strict oril..

7%

I'lial

8%

Good Old..
Btr. G'd Ord

f-s
i

83a
63,6
9»1«
gijie ^9.3,,

91l6

I

"

G'dMid!l05i, 3C38
Midd'g Fair 1011 IB
Str.

U\

Talr

Ill5,„

llSg

Wed

715 161

7 3,j
8»4

16

8i6ia 9
itOi
95,„
I»w MiddV 99i8 9>«
Str.L'wAlid 'J^
913i6
Middlinir. .. Oi^ie'lO
Good -Mid . lOis 101,6
I

Mon Tnes

I

9''8

Idle

8I16

8_
8"l6
9I4
£08
9-8
101,8
1014

96,,
91I,«
915,8

9»„

91>8

91 -lis

978
10!,e
IOJ4
107,6
1058

103,a
10>«
1(38
1011,0 108,6
IU18 lOiSie 11
n"i6 n»ie 11°8

107

lO&ie 1C5(,
;ioi5,6 lOioia 11
'11 '1- ll°in

WeA

SI 16

87,6

914

10

lOlfl

104

XU. Frl.

838
93l«

Tin

Frl.

AVed Th.

8M

95,6
911,6
915,6
1018
106,6

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TEXAS.

inonlTncs Sat. moti Tuc8 Sat.

ftp

EaMf

tfj

NEW ORLEANS.

UP LANDS.

g!?Tra

?!?»-'<

«iM:

'

8

bales

quotations for

;^

sSm?

09
?
99
» uri
tcvc

rTi

official

9

C3

1

Ik: "

a

—

The following are the

«

« n

•0

CO

total sales for

to arrive.

ieif

cj.

mills has continued.

forward delivery for the week are 019,300
bales.
For immediate delivery the total sales foot up this week
2,431 bales, including
for export, 3,931 for consumption,

were

p to

i^

8

although the demand continued quite moderate. Yesterday
there was an advance of 3-lOc. To-day the market is quiet at
10}4C for middling uplands. The stopping of sjiindles and re-

200 for speculation and

Prices

B Mo::?

rn

New England

as- '

C'loalng.

M

in cotton for future delivery at this

duction of wages by

P

(fi^

Oi

00

464 999

market
has been fairly active for the week under review and some
advance in prices has taken place. The foreign and Southern
markets have been rather stronger than was generally anticipated. Saturday and Monday were quiet.
Tuesday and
Wednesday were quite variable, making little change on the
whole.
Yesterday, on the better reports from Liverpool, a
further advance in Southern markets, and the unfavorable
Bureau report, there was a very buoyant opening, but the advance was checked in the last hour and partly lost at the
close xmder sales to realize.
To-day Liverpool was reported
decidedly lower, but such was the confidence that an early
decline was followed by a partial recovery, and as compared
with last Friday there is an advance of 18@2C points. Cotton
on the t:pot advanced l-16c. on Monday and again on Tuesday,

The speculation

n

\m m-

ffl

ct,

Total 1834.

Bales,Iharsday

a,

«

n>r

oirgpn.

««S'-<

!

3.254
None.
7.000
5.200

32,914
None.
2,500
1,100
1.510
None.

Stock.

^otal.

XXXIX,

[Vol.

The Sales akd Prices of Futures are shovra by the following comprehensive table. In the statement will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales.

Leavin

Nov. 14 AT-

The

'

THE CHRONICLE.

656

New

!

1'

c

c

cc£o COcO
QCOO -OC

QCCO;i)

1

->-j*-^

1

1

OOcO
-,--'io<i

1

*j^,c-j

t^lf-

--'

tt-

[(.

ex

'^

^1

IOI9
lP'll6
111.8
1111,6

''

1

:

1

:jt

0:

i;.c/)

Frl.

1

1

(»

tx.-l

'^

U.

1

1

^7

1

1

'

Ordin'.y Wlb
Strict Ord..

Good Ord..
G'd Ord

713,6
8>4
9'ia

8
87,6
9>4
909

Str.

Low

Midd'g
Str.L'wMid

&I4

Middling
101
Good Mid. .1014'
Str.G'dMidlO'Iig
Midd'b'Fair 10i3i,
i'alr.

l(jl,6

1014
107,6
10=8
11
11»R

101,6
1014
107,6
10»8
11
11=9

STAINED.
I

ifilb.l

StiiotGoodOi-diuarj-

Low

;...

Middling

I

I

Middling....!'

I

~8U

81,6

I

!

811,6
913

Sifl

fell,,

Mon Xues Wed

Sat.

Good Ordinary

8I4
811,6
9i«
973

I

95,6
91116
9U,„ lOifl 10>8
916i„
1018 '105,6 105,6 10l6
lOlj
106,6 10%
106,6
lOifl
1011,6 lOiiie 101a
1011,6 lOTfl
1011,6
107s
Il'l6 11>4
1114
111,6
11"16 11^8 1178 nil,.

9H
9''8

911,6
9''e

o'le
Si^
9°ia
911,6

738
81,6
878

76,

8
813,

77,6

8%
816,6

97,^°

O'-'l!

"'iB
8l8
816,6
99l6

91a
979
1018
106,6
IOI2

811,6
9ht
978
lOis
105,6
lOls

lO's

lO'fs

IIH
1178

Tb.

III4
1178

•<

^

k

Ivg

M

The

total sales

and future

C"

^'-

H-r-

how the market
SPOT MARKET
CLOSED.

closed

iJl w'l
1

Mon. tirmat

1,0 adv..

Frl.

.

Total.

....

I?

~

U-I

'I

:

t-MCjM

1

a>

:

^.--^.M

Frl,

>

1

1

1

1

1

9>e

9%

:

1

<

a

c6o-i -ri;
c':
Mli CO A

1.^,-

M
M

(»

7^
MO
li-S,
1

!?

2
1

«)

:

'-''^C'M

>

S:

:

1

t

a

1

•^
1

M
7

S:

;

.

1

;

'

:

1

«:

:

1

1

1

«:

1

ii

•<

a
T
:

-M
^
M S-:
5M
^7
1

WW

<

1

1

to

'7

t>.

*»

s
1
1

-1

0-7

:

S:

Ji

oc
CO
>

>
^

1
1

^

:

<s

1

:

IS:

1

*n

IS:

1
s

1

ow

1

*..

K"
1

c

<"

1

1

>
1
1

~1

Zt^

p

:

'

9i
«l

M Cm

~1

<

19:

:

'7'7o9

'7*ro9
COOffl
0,0 to

^S'
1

S:

»,-:

^s r^o-r
T'^or tTOt
mmOm
M-06 MM
*1 X
Oi
.^o

(ha

S"
•3

a
n
:

•

i

1

day during the

1

!

1

1

1

;

1

1

e>:

1

<

1

:

1

1

1

S:

<
t
:

1:

1

1

1

1

:

>

>
1

1

1

;

<

li

(

>

S"

•''

1

1

*

1

1

<

gi
1

1

S;-.:

1!

IS::

IS:

II:

lli

:

1

S:

1

1:

:

t

Ht't'n

sit.

2,221

350
220
510
378
615
348

206

""^"^^

200
'*'«

Total.

....

Sales.

65,700
125,400
101,900
80,300
169,200
76,300

2,421 619,300

Deliveries.

400
l.SOO

800
800
500
300
4,600

actuaUy deUvored the day

-?'.'l*in^'iKf^'''i*'*'^^i..*^K^SS
jUevloua
to tbat ou which they are reported.

* Includes sales in September. 1384, tor September, 158,200
September-October, for October, 121.800.
Bjr We have included in the above table, and shall oouilaue each
weei to give, the average price of futures each day for each month. It
will be found under eaeli day following the abbreviation " Aver." The
average for each month for the week in also given at bottom of table.
Transferable Orders— Saturday, 10 lOc: Monday, 1015c.: Tuesday,
lOloc; Wednesday. 10-20o.; Thursday. 10-30o.; Friday, 10'25o.
Short Notices for November— Thursdaj-, 10-23al0-24c.
;

FUTURES.

1

378
015
348

Dull and easier..

^^

a
'>-wr
1

on same days.

350
220
310

Tues. Quiet at 1,6 adv.
Wed. Quiet and steady
Thurs linn at 3,6 adv..

^6,

<

0-

deliveries each

fump

port.

«

SALES.

SALES OF SI-OT AND TRANSIT.
ExCon- Spee- Tran-

Sat.. Quiet

^
>

:

ifrOD

-week are indicated in the foUowmg statement. For the convenience of the reader we also add a column which shows at a

glance

«:

1

c6<=c
^eo

1

MARKET AND

:

M-cri-

to

c

el

^1
MM

7=8

94
9%

1

The following exchanges have been made during the week:
•15 pd. to exoli.

200 Jan.

•500 Nov. s. n. llth
15 pd. to exch. 400
•25 pd. to exch. 200
•25 pd. to exch. 100
•15 pd. to exch. 200

for Feb.
for reg., even
for Feb.
for Feb.
for Feb.
for Feb.

Jan.
Dec.
Dec.
Jan.

exch. 100 April for May.
exch. 100 Dec. for Feb.
exch. 100 Dee. for Jan.
pxch. 100 Dec. for Nov,
1,500 Nov. for Jan.

14 pd. to
24 pd to
•10 pd. to
•09 pd. to

Even

—

.

MOVBMBKR

.

THE CHRONICLE.

15, 1884.J

The VisiiiLK Supply of Cotton to-niptht,

up by cable

aa ina<Ie

and consciinently all tho B,uropean fiKures are brought down
to Thursday evening. But to make tho totals the complete
figureti for to-night (Nov. 14), we add the item of exports from

—

QuoTATtON.s van Middlino Cotton- at Otiieu Markkth.
In the table below w«> give the closing (luotations of midilling
cotton at Southern and other principal cotton market* for eaoa
day of the past week.

the Unitud States, including in it the exports of Fri(lay only.
18*92.
1833
1881
1884
4S-l.0()0
434,000
ISO.OOO
Btoek at Livcmool
balei. 444,0<)0
55,000
40,000
77,000
42,200
Btook at Loudon
Total Gn<at Britain stock
Btook Bt Hainl>urK
Stock at Iln-nii'ii
Btoekal .\in-!.vilaiu
Bloi-k III KoltiTilam
Btoik at Antwerp

490,000
4,000
34,800
33,000

Btoekat Ha%Tc

129.000
6,000

1,100
1,700

flto.k at Marseilles
eto. k at Harccloua
Blotk at Genoa
Stock at Trieste

S.'i.OOO

7,00J
9,000

Total Continental stocks.

L!50,600

4S0,00O
2,100
50,100
39,000
),?.00

561,000
3,000
25,200
7,700
1,500

4,000
133,000
6,000
33,000
G.OOO
0,000

400

1.9,^0

130,000
2,K0O
30,000
7,700
6,500

140,000
3,590
33,100
4,000
3,850

236,300

16,000
49,000
14,000
1,060

Saliir.

iton.

»<>«

OKIi

(inlveston ...
New Orleans.
CharU^stoii

.

fl»l«

Ol'io

10
9^a''8

Philadelphia.

7liM>00
43,000
507.000
46.000

Total visible supply

77s»,-ll2

181,980
42,100

766,300
70,000
513,000
68,000
84i,179
293,748
50,630

776,600
99.000
507,000
32,000
695,579
200,718
15,100

795,5.'>0

Memphis

59,000
364,000
32,000

St.

loH

9 '4

9H

9' IS
O'lO
9'9

9Mi

97„

9 'is

240,000
102,000
507,000
779.412
1S1.980
42,10J

Europe...

atloat for

United States stock
United States interior stocks..
United States exports to-day..
Total Amerlean

Sa$t Indian. Brazil,
Ii'verpool stock

224.000
188.000
513.000
812.179
298.718
60,600

202.000
96.000
507.000
695,579
200,718
15,100

204,000
55,000
148.600
43,000
46,000

london stock
Continental stocks
India afloat for Rurone
Eifvpt, BrazU, <)£0., afloat

210,000
46,000
OS.BOO
70.000
68,000

2^2,000
77,000
118,600
99,000
32,000

follows:

304,000
111.000
384.000
823.537
306,758
16,700

40

496.600

492,300

608.600

1882.

3 2,000

18S3.
I

the

movement

~ T- < i :?

^

'^'

U

»0

.

.

.

o

W M to

1—

C**Wt3»vOO

o to en w M to WW w
J«i» i^r- J^-*- °°
"m c'c: M c'lob M o'co to CD M M Ij b; coV]
to « *>
00 CD ^3 -1 Ui CC C^ — Cl W * ^ C 10 10
0'.

'a
to

00

S

13

to

o

W »i 0« »: to

1--

C-

MM

U
OCi

!'

C.™

qj

^ -^

-i>

C'Oosc;««DNO
ay

^•OMKIQOMtO

MM^ift-aUCOX

to *. U0_;x ZDIZ

rf^j-*

IC

CD
to

CO
a;

^-^

f»>

1^

*Xi

"f* >t^

CT' 5*35"

»*-

C5
CO

>

1

t

OS

Total in sight

|

1832.

|

1883.

{

18M.

754!

16,,343i «1,,2311

1382.

1383.

1831.
I

November

14. 2,292,014 2,456,221 2,325,566 2,362,192

Northern spinners' taldngs to

ff

November

M
X

M

— lOC^-XCC

1
t
M

ii

iOM;;»att-oio

14

319,037

496,065)

4U.231I 528,756

be seen by the above that the deci-ease in amount in sight
to-nisht, as compared with last.vcar, is I'i 4.207 bales, tho deorcise as
compared with 1882 is 33,552 bales, an! with 1831, 70,178 bales.
It will

itk

x^ooxo
o M *- o to X M lOMOCC.
M
o

1344.

Tot. receipts from planta'tns 2,113,740 2,270,362 2,172,70912,191,109
98.2M! 126,859
93,8571 126,083
Net overland to November 1..
50,000i
59.0J0
59.000
45,000
Southern cousumpfn to Nov.l

*

OOCo*io:c:if^Oo«MMto«csotoaiMCi

tS.-M
M W CS lotocx

2

(»-

Cfl

|

Receipts at the ports t j Nov. 1 1,961,985 1,975,5 J9 1,915,071 1,390,828
Interior stook.s on Nov. 14 ia
131,755 291,773 227,638| 300,231
excess of September 1

>

M

>-^

18SS
50,1.809

I

^^

M to CO Mt3 MM to i-'^COMptOWp
tC to OS X
a "*. CO Vl
C O) X to
^
w X *• X o at CI c to X * c

Oi '-^ rf^'^'x to
as *. to
CO pt*

a»;0

;c**K)xciOM

pM

15,,526

1884.

ODto'^'wVj'toOlCCtfi'CiC^^M WM0D31Cc"tO
b
— c^OO»^:J"-DC»OtX*.)tOMXaaO
CO
OO
GO
CO 01 X CO to M
O X to C CD GC to
C

M
cc

s

M to tOtO
K. •- to

|

I

4, 914'

j

C/1
--0

0*

1832.

ISSl.
I

CCCCCO«>y"^Wi:OOOMr-UQOi;OiOS»t*M

CD

9%

takings by Southern spinners to the same date, so as to give
substantially tlie amount of cotton now in sight.

-J

1

o

9^«

»>

Amount of Cotton in Sight Kov. 14. —In the table below
we give tlie receipts from plantations in another form, and add
to them the net overland movement to Nov, 1, and also the

p

»-»^ J-

9%
9H

9!!»

291,537 bales.

f

o
W.

9»»

—

- s? ^ >

c

O)

9\

»»I6
9»8

—

g

»

9»U

The above statement shows 1. That the total receipts from
the plantations since September 1, 1834, were 3,143,740 bales;
in 1883 were 3,370,303 bales; in 1883 were 2',173,709 bales.
2.
That, although the receipts at the outports the past week
were 369,114 bales, the actual movement from plaatationa was
393,088 bales, the balance going to increa5e th3 stojk at
the interior towns. Last year the receipts from the plantations
for the same week were 273,758 bales and for 18S3 th9y were

—
'-^

I0i«

1

that is the receipts
for the week and since Sept. 1, the sliipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1888— is set out in detail in the following statement.

H
o

loia
9»8

9«,

1

The above figures indicate a decrease in the cotton in sight
to-night of 259,735 bales as compared with the same date of
1833, an increase of 34,095 bales as compared with the correspontiing (iate of 1882 and a decrease of 48,453 bales aa
compared with 1881

Towns

10%

23.688
49.512

2,319,093 2,608.827 2,324,997 2,397.545
S^jd.
oHied.
Q^<X.
S^isd.
imports into Continental ports this week have been

Interior

10%

4.8S?
33,303 56,,337j 16,519 53.,579; 19 8841 29,,081' 37,,728' :6,»e»
64,313 42,,634 19,,115! 58,,939^ 20,,437j 53,,108 09, 781 46,187
77,223 96.819 80,,737 29,,985 75,,179 24,,317| 88,,093 lis,,009 84,807
136,479 125 033 lis, 483! 46, 6>2 103, 778 36, 155 133, 116 153, 631 130,301
179,883; 183,16l[l63,,73 ij 76,,883 137, 538J 49,,497|2t0, 123 197, 219 133,063
208,130 223,897 203,,313 93,,673'lM,,913 63, 108224,,949 238, 276 228,»34
242.339 237,27b|242,,2S9 133, 039 202, 970' 92 ,03l'271,,693 295.:31l'2e6,83!S
211,7.S8 2J3,M5 283, 112' 139, 317238,,9S3|l29,5U!236,,01« 289, 881 321 ,969
.470|l7S,.093 '276, 731138,,03^,293,,398 281, 689'301,017
258,623 241,931
262.251' 287,604
,011,211,,740 313, 219 171,,998 298, 899 304,119 275.979
,114 241,,123'34<),,9391198,,970 291 ,5.37 272.'738 293.C88
259.151 212.078

411.550

1,852,492 2,116,527 1,716,397 1,985,993

56.000 bales.

At THE

lou

Receipts at the Ports, \st'kat Jnterinr Thwfis. Rec'ptsffom PlanVnx.

Total visible supply
Price Mid. Upl., Liverpool

ly The

10

io>e
10>«

RECEriTS FHOM PLANTATIONS.

122,000
42,200
153.350
59,000

21.03a' 22,97 1

Total East India,
Total American

10

10

lOlj

91s
0»16
9H>
oas
g-s

938

11
10

10:>8

fll.

0'«

9%
9'«

9-1i
9''»

0\ife

trt.

9\
0%

Receipt.8 from the Plantations. —The following table is
prepared for the piirpo.se of indicating the actual movement each
A-eek from tho plantations. Receipts at the outports are somelimes misleading, as they are made up more largely one year
than another at the expanse of the interior stocks. We reach,
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent intjuiries we will ad(i
that these figures, of course, do not inclu le overland receipts
or Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports.

306,758
10,700

1,852,492 2,116,527 1,710,397 1,955.995

Ac—

...

Louisville

2,319,092 2,008,827 2,321,997 2,397.515

bales

10

THun.

823,.'>37

or the above, the totals of American and other descriptions are as
Amencayt—
American

Louis
Cincinnati

»%

O'e
1019

oita.-'e

10>«

Anf^iisla

Total Kiiropean stocks
India eoitoii alloat for Europe.
Anier'n cott'n attoat-for Eur'po
JOK.vpt.Brazil.itc.allt for E'r'pe
8t<H'k in United States ports ..
Stock in V. f. Interior towns..
United Stales exports to-day..

0\
0%

91,

..

Boston
Baltimore

267.350

{"•is

.

WUnihifrtou
Norfolk

I

9%

0'>l«

9^

Oh»
.

.

Wtilnu.

Taef.

OJijj
»•«
e« «
99,.
»'!«
9»l«
fi^
Oilis
r.V
9I1„«i(. 913|.»''8
9%

0«l«

Mobile

Savannah

QCOTATIOXa FOR

CI.08IX0

Week eniling

528,l!00

214,600

6/>7

bales less than at the sam? p£<rloiI la'^t jrear. Tho roc^iptfl at
tho satuj towns have boon 5,699 baled mvra than thu iUim«
w(«k last year, and since September 1 the reoeipts at all the
lawns aro 18S,695 bales less than for tho same timi,' In 1883.

anil tolp^'rapli, is as follows. The Continental Htocka, as well as
thoso for (.ireiit Britiiin and the afloat, aro this week's returns,

IJveriwol stock
Continental stocks

4

«

1

M?P
CDCOOCCMCJCiiW

—

Weather Reports by Telegraph. In consequence of the
exceedingly favorable weather for crop gathering which has
• Vci
Vis. WOOD
"cco.uMbbxcccVi AobtK;co^i»>^M
prevailed at the South, cotton is being secured very rapidly,
Ki CI «^
OS
^^^^o•«o*'^0(l-<^!0*clXO•ocox*JM:DM
« o ^J 10 en w
M CO a
lO
x^^towo-^ttOOxioix^ejiMM^^ytM
and in e.xcellent condition. Our correspondents are beginning
to report picking about completed in some districts.
1
to
CO
M
M to
01
M
Qalveston, Texas.— It has been showery on one day of the
M C'COtOrfi.CDMtOM.e.'O IOMCPA3:MtUM 1
CO
m o;
xpoxji-oooj
Oi^^^^f-^ASf-ZCt-tC V in :c W Xj-J W
MS'
week, the rainfall reaching forty-one hundredths of an inch.
-J
"b
Mbx'CO'o:--ob*-'ixVi'ti^V — cicr.x
o
M-_'>o-ioc;iM
t»Oi:cco*-wy>t-iio:cowo:-jDU'it..*kC5
Average thermometer 67, highest 75 and lowest 50.
t^ y a ti
o
w
OS
^0(0^^cDw*l•^c;IOl*i.wc0350JO — if^too CO
Indianola, Texa'.—We have had one shower during: the
to
^1
5
week, the rainfall reaching fifty-one hundredths of an inch.
w
OD
tO'-'MM
CO
ODM tott.MMM*.tq toto^raw^-toyi
has been marketed. Picking is
'to
C to"*— OCOOD M
M X ki'^'to "i^'as coos'-- to Jwbi'ai^-bw is
t About one-half of tlie crop
a C- ^ X O M (D
co^c^yl^'»w*'WwcD^oxoi:J•^iMy^>Jc3s-^
progressing finely. The thermometer has averaged 66, the
w uj v< cn c: 1^ Qo to CO
OS
to o ^^ - 1 1> c; K. o to o * *- — 10 X — OS to o
5" 0>
highest being 73 and the lowest 53.
w 1^
to
to
Palestine, Texas.— There has been one drizzle during the
CO
^MtO'-'MM
M
00
09
an
on
COpUO pi X_H *-oseoa« C:*^yiCC<itovt^
week, the rainfall reaching one hundredth of an inch. There
03
tc
c:boo:o^rto
"2 CO 00 CUM to "x bbccp' 'b'Cob'b«xiu*..bo
-1
oc
^j
to
a — ^ o to
XOlOlOtfl^
has been frost, but not killing. Picking is making good
a
to O O M
CD
i*^»coic;ios WOtO-^. OtOrf*>-JtOXJtCS
progress, and about two-thirds of the crop has been marketed.
* Thi j-ear's tlxnres estimaton.
The thermometer has averaged 57, ranging from 39 to 71.
The above totals show that the old interior stocks have
New Orleans, Louisiana.—Vie have liad no rain all the
fworeased during tho week 31,(530 bales, and are to-night 116,768 week. The thermometer has averaged 59.
Ml"

w

CO

to

CO
CO
to
CO

"bcr

'j>

00 -1

M

ifk

o:

M M H- ^ '^ w ccx to ca to w cs

rf>.

<X)

rf*>

C-.

c;>

c*)

tj>

I

cfl

:;.

',^1

1

'

—

THE CHRONICLE.

558

Shreveport, iowismna.— The weather has been clear during
the greater part of the week, the rainfall reaching but seven
hundredtlis of an inch. The thermometer has ranged from .52
to 73, averaging 54.
Vie/cstmrg, Mississippi.— Theve has been one very light
shower during the week, the rainfall reaching two hundredths
of

an inch. The thermometer liss ranged from 32 to 72.
Qretnvtlle, Mississippi.— TelegT&m not received.
have had no rain all the
Culuihbus, Mississippi.—

XXXIX.

[Vol.

Accordmg to the foregoing, Bombay appears to show a
decrease compared with last year in the week's receipts of
8,000 bales, and a decrease in shipments of 1,000 bales, and
the bhipments since January 1 show a decrease of 86,000 bales.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of January, for two
years, has been as follows.
"Other ports" cover Ceylon,
Tuticorin, Kurrachee and Coconada.
'

We

week.
lAtHe Rock, Arkansas.— Telegram not received,
£ort Smith, .drfcomos.— Telegram not received.
Helena, Arkansas. The weather has been cold and dry,
with no rain all the week About all the crop has now been
secured, and almost without rain or stain. Planters are marketing freely. Receipts have been heavy but will soon fall
The thermometer has averaged 55, ranging from 36 to 70.
off.
Memphis, Tennessee. There has been no rain all the week.
Picking and marketing make good progress. The thermometer has ranged fn.m 335 to 70, averaging 55.
[The rainfall during October was 2-83 inches, and not '93

Shipments for the week.
Great

—

of

as stated last week.]

an inch,

Total.

nent.

Britain.

—

Shipment* since January
Oreat
Britain.

Calcutta—
1884
1883

Continent.

1.

Total.

82,500
86,200

42.700
10,600

125,200
97,000

1,100
1,600

54.500
2y,6j0

1,000

54.500
30,600

4,000
6,000

6!).300

47,000

41.000
17,000

110,300
61,000

5,500

206,300

83,700

290,000

Madras—
1884
1883
others—
18H4
1883

1.500
1,600

All

SCO

3..500

6,000

Total all-

1884

500

5.000

Tennessee.— Ho rain all the week. About aU
7,6U0
7,000
162,800 . 28,800
191,600
1983
the crop has now been secured. Average thermometer 51,
The above totals for the week show that the movement from
highest 67 and lowett 39.
Mobile, Alabama.— No rain all the week. Picking pro- the ports other than Bombay is 2,100 bales lesi than same
gresses well. The thermometer has averaged 5-4, the highest week last year. For the whole of India, therefore, the total
shipments since January 1, 1884, and for the corresponding
being 73 ana the lowest 37.
Montgomery, Alabama. No rain all the week. Picking periods of the two previous years, are as follows:
is progressing finely; nearly all the crop has been secured
EXPORTS TO EUROPE FROM ALL INDIA.
Most farmers are marketing freely. The
fully seven-eighths.
thermometer has averaged 53, ranging from 33 to 77.
1883.
1881.
1882.
Selma, Aonbaiha. The weather has been cold and dry all
Shipments
This
This
to all Europe
Since
Since
ThU
Sitiee
the week. No rain. Our crop estimate has been reduced.
from —
week.
Jan. 1.
week.
Jan. 1.
week.
Jan. 1.
The thermometer has ranged from 34 to 65, averaging 49.
Auburn, Alabama. We have had no rain all tlie week. Bombay
4,oooil,3fl9,000
3,000 1 151,000
4.0001,237.000
3.T0J 291.000
There was killing frost last Friday. Average thermometer 53, All other ports.
5,500 2;10,000
7,C00, 1.(1.600
highest 70 and lowest 31.
Total
8,500 1.141.r00 11,600 1.426,600
7,700l 1,090,000
during
the
been
no
rain
Madison, Florida.— There has
week. The thermometer has averaged 60, the highest being
comparison
This last statement affords a very interesting
of
78 and the lowest 41.
the total movement for the tliree years at all Imlia ports.
Macon, Georgiu. There has been no rain during the week.
We have had no rain during the Alexandria Receipts and Shipments. —Through arrangeC< liimbus, beorgia.
week. The thermometer has ranged from 31 to 68, averaging ments we have made with Messrs. Davies, Ben iclii & Co., of
54.
Liverpool and Alexandria, we now receive a weekly cable of
Savannah, Georgia. The weather has been pleasant during the movements of cotton at Alexandria. Egypt. The following
the week, with no rain. Average thermometer 56, highest 70 are the receipts and sliipments for the past week and for the
N'asfiville,

—

—

—

—

—

—

and lowest 41.
Augusta, Georgia.

—The weather has been pleasant but very

dry during the week. Picking is nearly completed in this
and about one-half of the crop has been marketed.
The thermometer has averaged 51, the highest being 71 and

corresponding week of the previous two years.
Sler'i-ntiria. Eitypt,

the lowest 33.
Atlanta, Georgia. No rain during the week. The thermometer has averaged 51, ranging from 33 to 66.
Charleston, finuth Carolina. We have had no rain during
the week. The thermometer has ranged from 40 to 69, aver-

1884.

Ifocember 12

section,

Receipts tcantars*)—

This week
Since Sept. 1

—

200.000
813.0C0
This
Sitiee
week. Se2U. 1.

—

aging 57.
Columbia. South Carolina.

— Tf legram

not received.
Stateburg, Sotith Carolina.— \Ve have had no rain during
the week. Ice formed in this vicinity on three days, but the
killing frost was confined to low grounds. The thermometer
has averaged 52'8, tiie highest being 67 and the lowest 30.
Wilson, North Carolina. The days have been warm but
the nights cold, with no rain all the week. Ice formed in this
vicinity.
The thermometer has averaged 51, ranging from

—

28 to 68.

The following statement we have also received by telegrapn,
showing the height of the rivers at the points named at 3 o'clock
November 13, 1884, and November 15, 1883.
.Vojj.

Hew Orleans

Below lil(?h-wat6r mark
Above low-water murk.
Above low-water mark.
...Above low-water mark.
Abovo Inw-wHt*^r in»rl(.

MexupMa
Nashville...
Btireveport...

VlokBbur^

New
Sept.

.

1874,

when

12

2
3
11

10

.>

8

11

f>

4
10

8
11

11
IB

13

8
11

6

of 1871 untii

was changed to highwhich is 6-lUtli3 of a foot

the zero of gauge

water mark of April 15 and 16, 1874,
above 1871, or 16 feet above low-water mark at that point.

—

Shipments thit week
BriVn. nent
'884

33
•I

y.ooo
4.O00
3,000

1,000

10.0011

3.000

Total.

\

SKipmenti since Jan.

1.

areat

OontiBritain] neni.
\

Total.

Jtecttpts.

This

Week.

Jan. I

3.000 505,000'filR,000 1,151,000 e.eoo 1.5S4 000
4,000,4 .4.000 7-3,000 1,237.000 14.000 l.t 2i» OO
^.iliiOl77>'.000 (i2ci.000 1.39i>,000 H.OOo l.f:»!->. 00
.

i',on6
1

,0 10 c^'i oo'^ ^H'\nrtO

Is

93

15 noii l.^.S'l.OOO

5i/(i

This
Since
week. Sept. 1.

000

Since
This
week. \Sept. 1.

36.000
1,000

60,000 17,000
14.0.0
7,000

2!,' OOjl

121,000

80,000 21,000

79,000 10,OOo| 37.000

58,OOOi 10,000

lbs.

This statement shows that the receipts for the week ending
Nov. 13 were 200,000 cantars and the shipments to all Europa
21.000 bales.

—

Manchester Market. Our report received from Mancheste
give the prices
to-night states that the market is firm.
for to-day below, and leave previous weeks' prices for comparison.

We

1884.

SH

32» Cop.

4.

(1.

Sep. 12 89,, 9
• 19 ST, a e
••

26 -7,j»

H.

9>« 5
9
5
9
5
8'e
S's

Oct. 3 85|e»
• Vi 85|«a
••
17 rt 14 a 813^,5

24

" 31
Nov. 7 .5„_81S,.
••

14 ^7

g»

ootr,,
lb».

Mid.

Shirtings.

Twist.

"

India Cotton Movement from all Ports.
We liave
re-arranged our India service so as to make our reports more
detailed and at tlie same time more accurate. We had found
it impossible to keep out of our figures, as cabled to us for the
ports other than Bombay, cargoes which proved only to be
shipments from one India port to another. The plan now
followed relieves us from the danger of this inaccuracy and
keeps the totals correct. We first give the Bombay statement
for the week and year, bringing the figures down to Nov. 13.
BOMBAY KECBIPTS AND SHIPMENTS FOB TODR TEAKS.

Vear Qreat Conti-

Total Europe.

A cantar

*

17fi.010

ino.ooj
822,000

17.000
4,000

|

f3.

Fett.

mark

Exports (balps)—
Iw i.avorpool
toOoutluent.

hu,'

Inch..

Orleans reported below high-water

9,

13, '81. .\oe. 15

Fee-t.

1882

1883.

U

d.

8.

7
7

«7
®7

5'^itli IOI3

514*6 lOio
O-na? O
6iaai7

«7

8 14

Cop.

d.

R.

rt.

5

8>4 8 h'b 5
Sl'ib 8;',«38i3i„ 5
8^8 a 9
5
5«l
5"l6 ^^l«•<f 9 5

6
6
6
6
6

6%

.i.

SH a

S'^a

1

Ibt

Shirtings.

Iwisi.

6

5»a»6 lOH)
51486 Id's

8

a.

ll

8i3»7 1>«

32ii

Upls

f..

<1.

<i

a?

5'3,»

37

Sl^ltf

«7

«S7

5:11

119

5>a
57,6
a' 16

8ii8a 9
8»ioa
S^io* 9

5

6

®7
»7

5
5

7

-el

r.-Js
16

87, a» 9

5

b'lsa »

&

6
6

®7 lis
®7 1^
97 lis

5"

Coti n
Mill.
Vp f »

lifl

ISj
1>9

5^8

6%
61^18
<!

6
515ig
S'e

—We

gave November 1
Ellison's Annual Cotton Report.
the results of Mr. Ellison's Annual Report, as received by cable;
to-day we give in our editorial columns the full report.

—

The demand for bagging has
&C'.
the week, and parcels are going into consumption quite freely, and the market is fairly busy in filling
There is .a steady feelthe orders which are coming to hand.
ing :imong sellers, who are asking 8;').£c. for 11^ lbs., 9''4'c. for
V% lbs., 10c. for 2 lbs. and lOil^c. for standard grades. Butts
are not active and the market is ratlier tending in buyer's
favor, and sellers are anxious to work off some of their
stock.
There have been a few lots taken at IJa'dbic. for paper
grades, and these figures are named for further lots. Bagging
qualities are quoted at 'i^i^'i}^^., but we hear of only a smaU.
sale at the lower figure.

Jute Butts, Bagginq,

com inued during

—

:J

.

NOVRMBER

.

THE CHBONICI^R

10, 1884.]

AOEICULTUBAL DEPARTMENT'S CKOP REPORT.—The follow- moyement
September,
18 the Btatuuient of tlie Dopartment, issued on Wednesday,

ing

Nov.

yean named. The morement during
and previous year*, has been as follows.

the

1884,

as to the cotton prmluct this year

12,

ri'tuniii <if cottiin to tlip DopiiitriKnt of Ajrrlnillnrn
roliiiii lo llir .vli'lil l"'!" ""''••. <"»' «''"W till! otl'icts <if Ilm Ii'Iu-i'oiiIIuiiimI
(IrouiflU in r<-(lii(lii(c iirml.iclli'ii. Tli" lateiicHi <if kllliiiii rri'Htn imih Icxs
elTcci tti-ii UHiiiil in . iiIurKlKiC t)io ylt'ld- iiM Ihf*. vittiltlv or tli«^ platirn wnn
too iicaily cxliMiinlccl to prodii' <• n top cnip. Tlio ilioiight lind iioi lipcii
ItiokiMi lit Mtiiit' potiitH on ttii* (iiilf coAHt at tilt' elite of rcnitii-'. TUu
liKliiwili'i! > loiii piT HiTi'is lowci- ill iii'tti'ly cvory Mtiite tUiiii liiilio (,'uiiBUn
your, which vixf* on- of uM-niiro i>i*<Mlii.-t:o[i. Tli« loweHt yii-1 'h ato now.
as iht'ii, 111 I'loi'tdii, U«"r(;iii, Aliiliaiiin ihhITdxh^. T1i« i'i'<liirti<<ii i.-* tUlM
yeikr very iiiiii-kfd Iti Koul-^iauii ami Aikaii-iuf. ttit'. roiclitii of ilin iiio-.t
jifidiiptlvo ooltoii laml". TIjc rcliiriiR liy .Stiiti's liiillr^alo tho > it- lil iwr
aero aa foil 'Wm, ihii tltfiiron brlr.n BUliJeot to iiKxllllcnllon l>y fiillt-i'
reiiiriifi: ViikIhI". <"(> iioiiiuli; N.rth CHruIinn, IT.; Suiiih C:irolla».
MIss'CMliipl. ITf); l.«iiI'-'i; lli-otKla, 13.'; Floiidii, lo..; Alahaiiin. 13.;

"Tlip Novi'inlMT

imi; ICXH?, H'.i; Arkansa.". 200; Ti'iincssei'. lUO. Th«( IndlcntlooH point to a crop Hoiuuwliat luxtH' than that oi' 1H83. ^athftrrd In
nntmiinliy llni^ condllluu, of Kuod color, uu8t.Unutt Ijy Btoriua, luid froti
iHiaiiii,

from triuliuuddlrl."

Using the above figures of estiniate<l yield in eacli State, and
applying tliem to the acreage figured by us on the percentage
returns of the Agricultural Department issued in June tlxis
year, wo Iiave the following result in pounds and bales. To
obtain tho result in bales we have divided tho pounds by 455.
This figure is taken on the expectation (judging from present
indications) that net weights will average about that figure
this year.
Produetion.

I'oitnds LinI

Acreage.

rounds.
Virginia

180

Ko. Ciirollua

175
152
135
105
130
175
190
113
200
160
134

So. Caiolin.i.

Georgia
Florida
..

Mlssisnlppi

..
.

LoulBiami

Texas
Arkansas
Tenni'sscc
All otlicrs

43,050
1,060,500

1,71P,H0
C,939.ino
268.320
2.740.500
2,391,900
912,680
3.186,730
1,259,2-0
815.070
60.00 J

8,217,000
185.597,500
260,803,280
398,9; 0,630
23,173,600
358,265.000
418,582.5C0
175.309.200
435.70 J,2J0
251,850,000
13 ).4 11,200
9,^40,000

Bulrs.

18,059
407,885
573,304
876,802
61,920
783,000

Tear Btginnitv ttpumbtr

Monthly
Rtetiptt.

1884

1883

^ept'mb'r ~345.44.5
848.812
October. 1.000,385 1,046,002

1.

1883.

1881.

1880,

lt79.

S26,ese^

420.777

080,584

853,10.t

4S8.47P
068,31

888.643
888,402

1,4'20.70>I

1,222.135

34-20

24-43

)•

-I-

Totalyear 1,435 830 1,339,004 l,307,240|t.2$2,072
Pei^'taffeof tot. port
receipts Got. 31...
21-72
28 66
27 18
I

This statement shows that up to Oct. 31 the receipts at the
year were 4.';,928 bales more than in 1883 and
138,590 bales more than at the same time in 1883.
By adding
to the above totals to October 31 the daily receipts since
that time, we shall be able to reach an exact comparison of
the movement for the different years.
ports this

1883.

18S4.

1882.

1881.

1880.

1870.

Tot. Go. 31 1,435,830 1,389.901 1,307

Nov.

I....

31,747

'•

2....

B.

3....

4....

59,119
40,493

8....

34,&6'i

61.34t

6....

84.599
56,307
29,523

38

"
"
••

Alabama

for

559

"
"

7....

"

8....

"

0....

32.374
43,629
37,218
B.

55.^

...

41,£9l

84,133
32,773
63,576
33,208

" 1)....

41.677
34,936
50,219
67,76 i

57,258
30,801
31.943

"10
'

12...

" 13....

" 14....

8.

8.

240 1,282.072 1,426,796 1,222.135
36,792
29,101
46,514
80,704
38.060
27.151
37.897
B.
41.574
35.983
33.538
46,140
38,904
48,836
41,656
38.310
a.
31,603
65.684
30,902
20,6C2
40.216
8.
29,024
42475
40.365
a.
49,310
37.582
3i.304
40193
28,562
36,207
40.389
35,842
B.
57.777
33,590
31066
46,584
38,631
47,06a
26,138
32,849
8.
29.131
51,779
32,278
52,090
8.
38.451
36.503
33,366
36 74S.
43,440

9l9,i)61

38>,295
1,001,550
5^3,529
286,019
20,308

Total ... 1,961,955 1,386,781 1,810,224 1,723,244 I,89<j,3i7 1,667,433
Peroentag e of total
33-90
30-07
82-20
33-33
port reo'p tsNov. 14
36 51

ently, therefore, later investigations

This statement shows that the receipts since Sept. 1 up to
now 75,3 )4 bales more than they were to the same
day of the month in 1883 and 151,761 bales more than they were
to the same day of the month in 1883. We add to the table
the percentages of total port receipts which had been received
to November 14 in each of the years named.

to stand by.

States the past week, as per latest

to-night are

Total

17.125.980

153-S

In the

last report

Oct. 10, the crop

of

t!ie

was given

2,679,191 180

5,8fc8,332

Agricultural Department, issued
at about 6'^ million bales.

Appar

have proved the Depart
ment's former estimate inaccurate, and this is the one it wished

Shipping News.

—The

exports of cotton from the United

mail

returns, have reached

National Cotton Excuanoe Estimate of the Yield 183,973 bales. So far as the Southern ports are concerned, these
exports reported by telegraph, and published in
1884-85. The final report on the cotton crop for the year are the same
With regard to New York we
the Chronicle last Friday.
18 M-85, issued by the National Cotton Exchange on Nov. 10, is
manifests of all vessels cleared up to Thursday
include
the
summarized as follows

—

:

Pii king has
lian 1 roviUlert

p:ogre.-8ed8o rapidly with the excellent weather which
throughout th.t eotion belt, and with the almost tot;.l
oblltirjtlun of the top crop. 1 havi-demed it adviuabie to issue our dual
estin a:o of the crop at the present time.
Our rcpoi ts of the acreage by uouiilii-s have bcpn c.-irfifiillv collated,
and ttrort." m.ide throughout tlie .tta^ou to get ihem an correct an possible. 'ITie llual revl-iou. we mink, is aliout as ne ir correct as it in po.'isiWe to attain. Oui- retiinis or pioduetioii by coiiiiiies are on the liasU of
deciii aU of
Im e or acre, whiih we have adopted in aoeoida! ce with
the le-u niiun of the last ccmveniion of the Naiio.'al Oniton E.xchiingc.
In the Mi-*>-i.-s!i'pl V'allcv and Texas there has Ijeen a dccieasoor a oui
bale.i. which l.f IVset by an in<r.-ace in the, crop of Aluliamo and
200,01
the Atlantic si-iib.)aril. It the iii-ospocisof eertaiu districts for a ton crop
are reali/.Hd. th^ uggrcg.ite may he enlaiged to tho exteut of 73,000 bales
The Clop by > talei la ostluia ed ai f.dlows:
ii
:<.

i

.

nrtrr:
So. Acres Planted. Product per Aert. Totairroducl.

night of this week.
Liverpool, per steamers Biela, S53
City
City of Montreal, 1,661. ...European,
4.02l....Oregin. i O'). ...Spain. 1.1114
11.680
2.465
To Hull, per steamer Marengo. 2.463
Sull.v, 813
3,0:;5
To Havre, pc^^t.anler8 Labrador, 2, 'zli
-.280
To Borjeaux, per steamer Chateau Leavil'e, 2;0
Rheiii, 1. 110
To Bremen, per steamers Ems, 850
1,960
Rug a. 1,436.. 2,t>86
To Ilnuiburg. per steamers LeesiUL', 1.550
FcuslaLd,
To Antwerp, pru- sicamers Jan Breydel, 1,453
1.68.'.. -.Rubens. 5-J4....Sikh, OIJ
4,176
of Berlin. 1.7;il

To Copenhagen, t^er steamer Geiser, 3i7
Orle.v>s— To Liverpool, per stetmers JamuioHD. 3,670.

Georgia

,!<6-.,

Florida

2r.2,

Alabama

,656,

33^
970

Tennt-s-ice
g Issl, pi

795,

il4, S58

•42
•47
•30
-33

M

ArKall^as
Loaisiaua

Texas
MUsouil,

44,

621

Ot-..

029

,;90,

374

3»

•le.O

iO.!

•29
•JO
-Jl
•35

,277, ,841

•3.S

89:<, 289

,18", -91
70, 000

ikc

Total.

Balca.
14.7-.;8

•3,

•38

3'»7.491

572

.i;<5

8.>S>,9;5

Texan. 8.367
.... 12,037
Haytleu, 4,512...
To Ilavie, per steamers Flachat. 4.163
Topazi-, 3,400
per bark Win. IJntirie, 2,8?8
16,963
Wuotan, 4,000 8,039
To Bremen, per steam*-rs Stanmore, 4.03d
Reval, per f-teanier

Wm.

Coventrj-, 4.5i 0... per barks Mcrcator, l,23.i
2,6uO....Ottillic, 1,050

Ossuna,
14,605

Gudvaug, 1,C25....

To Havie, per barks bravo, 1,425
Paul, 1,300

4,2.10

To Bremen, per steamer Bedford, 4,600
.,
4,1.=.0
To Reval, per
per ecliooner
To Barceiot'ii, per steamerg Minerva, 3,000
2 8.SST
John H. Tingue, ,71 J
7l)7.-iJ4
510,(W0 Savannah— To Liverpool, per steau'er Harrowgale, 5,737
7.i,-.;3i!

,

1

41M.S4
9 5.978
23.100
5,726,157

Bremen, per steamer Ixla, 5,810
To AniHti-rdam. per steamer Eglantine, 3,750
'io

To (iotlienbcig, per bark Bedfordthlr-. 1.365
CULVE8TON— To Liverpool, per steamers Florldlan, 8,324

moderate and the top ciop
extremely small. In iho Atlantic States and Alabama the loss from
shedding and ust was very heavy and tho yield very much i-eilncid.
The uplands in the Mississlt.pl Valley, as .a rule, suffered from the drouth,
and August xpectalions weie not realized. On the other hand, in loc .1Itlcs In tho bottoms the very late planting turned out we. I. The Texas
average, owing to tlie extraordinary drouih. is brought down v. ry low.
Th favorable weather for picking has resulted in improving the couditlon and cleanliness of the cotton.
i

i

Comparative Port Receipts and Daily Crop Movement.

not accurate,
same day of
the month. We have consequently added to our other st.inding
tables a daily and montlily statement, that the reader may
constantly have before him the data for seeing the exact relative
is

as the «?^eeks in different years do not end on the

per brig Kxpiess.

4,710
5.737
6,810
3.750
1,365

soe

:

l,o,"i6

4,600
4,150

16,688

Maichi n.ss, 3.150. ...River Garry, 3,2l4

To Vera Cru/., per steamer Whitney, 99.
Wilmington— To Llveri>*)«l, per steamer earn Brea,
-

tiirn.d out only

—A comparison of the port movement by weeks

5,027

Ballty, 5,0-7

CHABI.tSTos— 1 o Liverpool, per steamers AdUordack, 5.200....

8J3.«i«l

16.993.261

The middle crop has

317

New

To
Bale.

Vliginia
Noith Carolina
South Caro;iua

Total balm.

New York—To

4,63'2...

S.688
1,100

iicr brig Diana. 1.100
Liverpool, pers earner Dago, 5.SII
.
iivttre
bark
Mary
Jane, 5.325
l»er
BALTiMoKk— To L.veriiool, per steamers Bnmwmore, 4,979....
13.076
N09»niore, 4,297
Ca.stle Eden, .t.SOO
Ilobcustauffen,
To Bremen, per steamer America, 2,377
5,314
2.937
3,5LO
To Antwerp, per steamer Suffolk. 3 5"0
Bog-roN- I'o Liverjiool. iiersieamois Palestine, 1,758. ..Favonia,
5,9.10
1.95 (....Virginian. 2.239
50
To Yoi-mouth, N. f., ptr steamer Domiuhui, .^0
1.509
PBiLADELPUiA— To Liverpool, per eteiuner [udiaua, 1,509

To .Vm~teidi'm.

Nohfolk— To

Total.

The

182,972

particulars of these shipments, arranged in our usual

form, are as follows:

.

—

e

.

.

THE CHRONICLK

560

Wednes., Nov. 12.

Xeval,

Havre
Horde-

Lirei-

New

di

Ham-

davi,

Ant-

attx.

burg,

iceiy.

3.3U5

4,9l«
8,030
4.GC0
5,810

4,176

ie,f)rt3

4,250

hageii.

5,027
4,150 4,710
1,365

3,760

26.889
42,063
32,315
16.6ti2

1,100

17.687
0.788
11.166

3,503

2I.S!)0
P,00:)

1.509

Total.. 9^.138 2,165 24,518 28,709 12,526 10,859 4,710 132,972
Included in the above totals are from Galveston to Vera Ciuz, 99D
bales; i*om Boston to Yarmontb, N. 8., 50 bales.
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
Galveston— For Uverpool— Nov. 12— Steamer Fernhnlme, 6.139.
For Bremen— Nov. 12— Steamer Black Watch, 5,022.
New Oiu-eans— For Liverpool- Nov. o-Steamer Leonoia, 6.150
Nov. ) (,— Steamer Navarro. 7,400.
For Havre— Nov. s— Ship Scotia, 3.580.
For Kouen— Nov. 8- Steamer Ciiaiicellor, 650.
Nov. 11— Steamer
For Bremen— Nov. 8— Steamer Donau, 4,000
Cella, 5,567.

For Hamljurg— Nov. 7— Steamer Kehr^rieder, 6,200.
For Barcelona— Nov. 7— Steamer Gleurath, 4,4!<5.
MOBILE— For Liver])ool— Nov. 13 Bark Auina, —
Savannah— For Havre— Nov. 11— Steamer KiverElttick, 3,775.
For Bremen- Nov. 7— Steamer Soiithwold, 4 .813.
For Reval— Nov. 10— Steamer Standaid, 4,300.
For Santaiidar— Nov. 10— Brig Belina Stanfoid, 1 ,100.
Nov.
CharleiTOX— For Llverpoal— Nov. 8— Bark Excelsior, 2,025
Nov. 12— Steamer ,1. M. LockIC— Baik Mary Graham, 2,100
wood, 4,234.
Nov. 12— Bark Anna
For Havre— Nov. 8- Bark Abel, 1,062
Xbownann. 1,250.
For Gothenburg— Nov. 8— Bark Hilda, 5,600.
Wilmington— For Aiustei dam—Nov. 12— B.aik Kallisto, 1,754.
Nov. 12—
NoKFOLK— For Liveroool- Nov. S-Steamer Essex, 7,038
Nov. 13— Ship Senator, 5.315.
Ship William Law, 6,396
For Geno.a— Nov. 8— Bark Heiuricli vou Schrocder, 2.132.
West Point— For Lirerpool— Ncv. 11 — Ship Willieimine, 3.310.
Nov. 8—
Boston— For Liverpool— Nov. 4— Steamer Borderer, 3,281
Steamers Istrian. 1,305; Norseman, 2,lil5.
For Yarmouth, N. S — Nov. 10- Steamer Dominion, 1
Baltimore — For Liverpool — Nov. 8 — Steamer Mentmorc, 4,921
Nov.
10—8 eamer Caspian, 2,928.
For Havre— Nov. 10— Steamer Caetle Craig, 3,056.
Philadelphia— For Liverpool— Nov. 11 —Steamer Lord Gough, 1,830.
.

—

Liverpool. By cable from Liverpool, we have the following
statement of the week's sales, stocks, &c,, at that port. We
add previous weeks for comparison.
Oc(. 24.

bales.
Bales ot the week
Of whii h exporters took
Of which speculators took..
Bales .\meMean

Actual export

Forwarded
Total stock— Estimated
0( which American— Estlm'd
Total import of the week

Of which American

Amount afloat
Of wbicli American

Oc«. 31.

^^ov.7.

Xon.li

Low.

Clog.

d.

d.

d.

5S7

5 38

5 37

5 38

Nov.- Deo... 5 37

6 3S
5 10
5 13

5 37

538

SSu
512
615 517 515
519 6 5U 519

5 40
5 43

5 51
5 58
5 62

5 53
5 57

5 47
6 60
5 31
5 58

561

5 62

Open High Low.

Olo$

d.

d.

November.
Dec.-Jao....

53)

Jan.-Feb ...
Feb.-March.
March- Apr.
April-May..

5 42

5 53
May-June.. 6 57

June-July.. 5 61
July- Aug...

d.

6S,000
7,000
1.000
51,O0C

470,00(.

465,00(
258,000
84,000
7H,00(
171.00C
159.000

252,000
76,000
59,000
184,000
158.1100

9,00C'

20,00(1

71,00(
7,00(
1,000
49.00t
12,000
26,000

437,000
226,000
71,000
44,00(
215,000
196,000

70,000
8.000
S.OOO

47,000
9,000
28,000
444,000
240,000
103,000
89,000
219,000
201,000

Saturday Monday. Tuesday.

Wcdnes. Thursd'y

Friday-

d.

Open High Low.

a

5 43 5
513 5 43
513 513 5 13 S43
515 615 5 45 5 45
5 IS bli 618 3 48
5 51 5 52 5 51 55J
3 55 B55 6 55 5 36

5 69

5 59
5 62

5 59

5C3

5 59
5 63

6 03

6 03

6 02

6

d.

d.

d.

Ctot.

5 41

5 41

511

641

5 39
5 39

5 42

5 42

5 41

515 313 5 45

511
515

6 18

54S

5 51
5 58
6 59
5 63

5 51

5 49
5 58
5 36
5 39

5r2

d.

630
5 39

0i!

6 19
5 52
5 Si
3 39
5 63

6

56

5 59

5 63

Auir.-Sept...

Sept.- Oct..

BREADSTUFFS.
Friday, P.

M

,

November

14, 1881.

The flour market was dull and depressed early in the week.
The demand for all grades Eeemed to come almost to a standstill,
and prices, although without marked decline, ruled
strongly in favor of buyers, even at the low figures previously
current. Corn meal was also quiet, but buckwheat ilour was
in fair request.

The wheat market had also a downward tendency early in
the week, but with the speculation feverishly active; and the
fluctuations, within narrow limits, were frequent and fitful.
The extreme low prices which have been reached have seemed
to discourage sales for the decline, and yet the situation
regarding the prospective supply and demand was not
such as to promote buying for the rise, and in the uncertainty
the rumor or impulse of the hour controlled the course of
values. A scarcity, and the comparatively high rates, of ocean
freights have had a tendency to limit the export demand. On
Wednesday, however, it was reported that a large number of
vessels had been chartered to load in December, and yesterday
there was some revival of speculative activity and confidence
at the 'West, giving a stronger turn to futures in this market.
To-day there was a slight further advance in futures, but the
speculation was inactive.
DAILY closing prices OF KO. 2 BED WINTER WHEAT.
Jfon.
«3l3

Sat.

78,000
5.000
1,000
59,000
5,000
16,000

The tone of the Liverpool market for spots and futures each
day of the week ending Nov. 14, and the daily closing prices
of spot cotton, have been as follows:
Spot.

Hiffh

d.

Total.

lona.

317

.

5,314

Open

Copen- Barce-

Hulf.

N. Orleans. 12,037
Charleston. 14.6(i5
5.737
Bavannab..
16.6.^8
Galveaton
Wilmington 5,088
Norfolk.... ll,16t5
Baltimore.. 13.1)76
5,950
Boston
1,503
Philadelp'a

Not. 14.

Frl.,

berf/ (£

d:

2,465

poot.

Thnra., Not. 13.

XXXIX.

Amstcr- Qothen-

Bremen

rtnd

York. ILfi'-O

[Vol,

AHoat

53

November delivery
December delivery

SO^a
82'^

79 >a
82 >4
8438
8638
8314

Sm
86I3

January delivery
February delivery

Wed.

Tues.

K3
7914
8138
8358
8.5%

Thurs.

Pri.

83

S3

831a
7938
813a
83=8

79ifl

82><
84>,

811a

84
86
88

85%
87%

S6\

SB's
87%
SB-'e
March delivery
Indian corn has been onJ y moc erateljr active, and some
irregularity has been developed in the course of values. Novery active influences have been at work, and there is a feeling of uncertainty aff'ecting the speculation in futures. The
fact that prices for the first three months of 1885 are about
the same will not escape attention. The business in corn for
immediate delivery has been fair, and there is a scarcity of
samples of the pure grades white or yellow. Today the
market was dull and scarcely so firm for futures, but spots

—

were stronger.
DAILY closing PRICES OV NO. 2 MIXED CORN.

Market,
12:30 p.m.

Firm.

Bpec.&exp.
Futures
Market, (
12:30P.M.5

Market,
5 P. M.

Steady.

Firm.

558
lit'

511,8

10,000
1,000

Barely
steady.

Barely
steady.

15,000
2,000

Steady.

513,8

558
513,8

15,000
1,000

10,000
1,000

Strong at
4.B4 ad-

Stead'y.

vance.
Qaiet.

Steady.

Firm.

511,8

511,

5 '8

12,000
2,000
StronK at
4-64 advance.
Quiet
but
steady.

10,000
2,000
Quiet

and
steady.

Barely
steady.

The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated.
The prices are given in pence and tiilhs, thus: 5 62 means
5 62-64rf., and 6 03 means 6 3-61rf.

Cy

ga::^j!S

=r=ac

Mon., Nov. 10.

Sat. Not. 8.
Open H(gh Low.

010$.

Op«n Uith Low.

Clot,

d.

d.

Tnei., Nov. 11.
Open High Low.

Clot.

-

d.

d.

*.

A.

November.. 533 5 33 533 BS3
5 83 533 533 5 33
J>«c.-)aQ.... 838 536 53d 5se
Jan.-Feb.... 5 39 5 36 539 5 39
Feb.-March, 6 42 5 42 512 512
March-Apr. 5 46 5 46 5 46 5 46
5 50 S50 5 50 6 50
April-May
May-lune. 5 54 5 54 6 54 5 51
June-July.. 3 58 556 658 5 38

ROT.-Deo..

Jnly-Aug...

....

Aog.-3«pt...

Sept .-Oct...

5 37
5 31

d.

5b; 6 36 536
5 37 536 5 36

611

5 48

5 19

5 53

552 5 52
556 5 56
5 60 660

556
560
563

5 39

512 510 5 40

616

5 46
6 50

654 5 51
5 57
5 61

5 57
5 61

...

5 37

5 8<

5 40

....

....

...

....

...

....

d.

5 41

539
5 42
5 50

d.

510
510 510
512 512
515 5 45
5 49 519

....
....

....

i.

...

...

....

....

....

5
5
5
5

53
56
80
63

d.

5S8
5 38

d
5 38
6 38

510
513

610

6 40

616

5 31

5 51
6 51
5 58
5 62

5 51
5 58
5 62

5 43

iron.

Sat.

Quiet.

54
51 14

.\float

5^

Mid. Upl'ds
Mld.OiTns.
Bales ...

Harden'g. Harden*g.

November delivery
December delivery

48%
46%

January deliver}'
February delivery

March delivery
Rye has been quiet.

Wed.

54

.53ifl

51I4

491a

49
47
47
47

5214
491a
4738

47 14

47 14

47
47

Tues.

54

52%
47 14

Barley has sold

A

473e
473b

Thurs.
53I2

Fri.

47ifl

53>«
52
49T8
47 19
4714

4738

47%

52

50

47%

much more

freely at

considerable portion of the dealings
fully sustained prices.
was in extra No. 2 Canada at 80c.
J,Oats have ruled comparatively dull and prices have changed

but

little

from

last

week.

Some

deprefsion

was followed by

steadiness. The free arrivals are largely stored, as usual
at this stage of the season. To-day the market was rather
firmer but quiet, and an early advance was lost. No. 3 mixed
for future delivery closed at 82}4c. for Nov. and Dec.

more

The following are closing quotations:
FLOUR.
^bbl. $2 40a 2 75 City Mill Bhlpp'gex.$4 50» ....
3 05» 3 50 Siiuthem bakers' and
No.2extra
4 50» 5 25
famUy brands
3 609 4 50
No.lextra
2 503 3 10 South'nstip'gextras.S 25l» 4 50
Superfine
Spiiug wheat extras. 3 25» 3 75 Bye flour, superfine. .3 50» 3 85
Minn, clear and stra't. 3 75» 4 85 C!om meal3 10» 3 40
Western, &o
Winter shipp'g extras. 3 03» 3 60
Branrtywlne. *0....3 409 3 50
and
clear
tt inter
3 75® 4 75 Buckwheat flour per
straight
1959 230
100 lbs
4 7o» 5 50
Patents, spring
4 25» 5 45
Patents, wint«r
Fine

ORAm.
Kye— Western

Wheat—
Spring, per bnah.

Spring No. 2

Bed winter.
Bed winter

No. 2

WUt«

Com— West, mixed
West. mix. No. 2.
Wk teBiiuthein..
Ye'low Southern.

70
77
81

67
73
49
52
53
53

State
« fo
Oats-Mixed
V 7i
White
9 82%
No. 2mlxed
9 85
N0.2 white
» 85
9 521a Buckwheat

a

58
58
I

State, two-rowed
State, six-rowed

®
v

Sm*
31% 9

00
68
33
36I3.

32i3»....

32%
» 61

32iaa>

..59

Bailev -No. 1 Canada. 82
75
No. 2 Canada

«....

9

58
66

62
70

»

9
9
9

S4

80
6>

-

—— —

:

NOTEMBKR

^

—

..

:

THE CHRONICLE

1884.]

15,

The following statoinent, prepared by the Bureau of Statisshow the exports of domestic breadstullH from the
undermentioned customs districts, during the month of Oct.,
1884, and for the ten month.s ended the tuiinr, as comIMiretl with the conespondiug perioils of the previous year:
tics, will

—*

e o o o 2-5 - t

9 2.v^» ^

0=

loo??

S'O'*

5"S
to..*,*
Is.:

oo;
rr.
wu:

AuRK'ULTCRAL BuBEAU REPORT.—The Agrionltitral Bnre«a
Washington this week issued its November report of the

condition of the cereal crops of the country, as follows:

The returna of the rate of yield of com Indicate a product *amewbM
hundred million bushels, or aa average rate *
small fraction above 26 bushels per acre. The beet yields are, as In
1883.111 what line been desiKnntod the Oreat American Desert, The
"arid ri'Kions" In the vicinity of the hundrcth innrldlan have produced
heavy crops of malzn of hiKh quality. That line of loiiidtade hes nimrfl
to lie an auHoltiic barrier to com nrixluotion or Kcnvral farmlnc, the nt«
of yield In Nebraska bcluR 38'5. In Kansaa 38. Iowa 35, Mlaaourl 34,
Minnesota 33 5, Ohio 31, Illinois 30, Indiana 29, Micblgan 27, WlaoonIn OYr(M«« of ptKl>te«n

245. Kpntucky 23.
The PhcIIIc loant returns a yield of 33 bnsbela In Washington, California :iO and OrrKi'" 28 bushels. The Soathera Biate* report a yield
of 22 bUHhulH In Maryland, 20 In Tennessee, 19 In Arkansas. 16 In Virginia, 15 In TcxuH, 13 In Mississippi and Alabama, 12'8 In Louisiana, 11
in (ieorKia and less In other States. The Mew England States average
nearly 33 bushels, New York returns 30 bushels and Pennajrlranla 31.
The quality of com Is bctt«r than In 1883 nearly everywhere, and in
the northern belt It is worth 25 to 75 per cent more.
The potato crop Is nearly an average yield, or 90 bnsheU per acre, and

i

I

;

:
'

at

661

sin

.

:

..

i

0000*

exceeds 190,000,000 bushels.
r

• •

The movement

market is Indicated in the
statements below, prepared by us from the figures of the Nevr
York Produce Exchange. We first give the receipts at Western
lake and river ports, arranged so as to present the comparative movement for the week ending Nov, 8 and since Aug. 1

•

coctfa

tool
:

i

i

;

i

:

i

:

j

i

of breadstuffs to

for each of the last three years:

*©«"CO to

i

09O «CD
©CO xco

BtcHptt
Cblalgo

»o

^Mcok

to to

ODtOCO^QCtO

^
QOUlOO'
OS CO

'r:

to

CO

—

©

Oif^t3C?<-^co©;cx

© 1— ,-HC CO (^ OD yi o.

otQfca,^ -©coto

t<:

cocoMCOT.»^^V<a

"-•^tOOC

©Cb*-'!^

aw

b»^oooi
-4:0 Oil.

to*-*

CCQDX-ltOOC

COODtO

CDOiClOMC
_i

O

'-O

lilCtC^^

01 ---IW"
o< 00 :;-*».

^woscDOJC

a»

Co^X>ifk
»-'

*j 3i

a

:

.

•

00-

•

•

•

.

CO.'

!

•

«^

:

wxo:
— C^

CO

to

§
?

w — cDc:
A CM v.
w w 3: —
-iiorc-t

cobo

K. to

>-»

r- 'O

03

I-'

C

CJ-

CO •« h- to

CI CO

i-

Cn

rotuo:©

S a

»C CO 10 O' ^
w — ^•
©
CCO-^,b^M^©,^.N-.j»
'-O -'•

^--|o^coaD<)
'i-— ^c)tcs©co'io'Z-

OS

O©O0D^|.

-.|©rfi4i

"-'

) ':o

01 *• '£

»-*cO^

bo

W m"-0 31

a

*-'

2 ©CO©
ajCQD©)
a
T3

a

'

,

2 a (Ojg
jjOC0»
£.©ax

co;

•xicr.

ua

!

MX^tO
W — ©X'
V » ^ CO

©

24,332,820

5,874,162

2.773.012

2.961,206

38.240.515

38.592.812

24,'

87,034

6.751.283

8,»17.747

2,9S6.300

40.088,915

18.781,926' 18.T75,8J5

6,282,481

1.774.247

The comparative shipments of flour and grain from the same
ports from Dec. 24, 1883, to Nov. 8, 1884, inclusive, for four
years, show as follows:
1883-84
10.006.487

1882-83,
9,171,344

1881-82.
7,186,798

1880-81.
7.766,497

59.113,415
73.713,197
47,532.638
4,699,972
5.616,289

42,-108,484
9B,4!14.952
44,437.88s)

49.370,304
32,438.556

7,936.003

4.21.5.4S9

f.,384.027

2,831.89M

45.385,693
102,509.841
3l.J93.403
3.936 548
2,0J 2.388

190,673,311

196,661.413

148.427,.'i93

135,239,871

bbls.

Wheat

bush.

Total grain

....

rail

1884.

yov.B.
Floiu-

CO*

a;

-icocn^i T
«p(*'tox 9«

to.

cjj-'C^ii^r

1883.

Week
bbla.

..

Wheat

Com

:

e-OtOX

178,070

—

coa'
QDW'

-1
•

tfl

a
.

159,724

196,270
38»i.409

49,023

180,730
888.889
389,822
190,641
68,631

2,373,618

1,751,2.37

1.718,713

45.^,975

Week

Flour,
bttlt.

WKeal.

<7om,
hu»K.

Oalt,
buah.

Nov. 8.. 32.3,259 1,337,256 1.763.017 995.328
Nov. 1
308,334 1,774,061 2,074.3)5 1.269.2;»3
Oct. 25.. 323,820 2,032,852 1,064.013 1,528,889
8-:7,8J8 1.102,881
Oct. la . 329,854 2,037,751
.

01

Included In the foreeoing totals are the reports from Milwaukee
New Haven, Portland and Falmouth, Richmond, Willamette and York.'
town, the details for October, 1884, being as follows
MilwauNew Portland dc
XichWillaTork.
Barley—
kee.
Haven. Falmouth.
mond.
metle.
town.
Busnels
,
Value .$
Indian corn
Bushels
Value .^
Indian com meal
'

Week
Nov. 12.
115.734

1.

338,081
692,826
237.600
96,338

Barley...

endinft—

1

281,707
513.948
1.074,997

Oats....

,.2,154.278

1881.

Week
Nov.

The rail and lake shipments from same ports
weeks were:

c

u
*•

to
teoD;

1882.

Wfek
Nov. 10.

.bosh.

.

Total.
o-vj:

51t..-i41.578

shipments from Western lake and river

CD-J--*©

tOM
o: Veto CO

X x

26.603.870

Rye

MM©*boowM
ijcoMr
coco©

X

954.709

61,146.865

Cn;

h-

D to QD
O't CC
00
Vj^*:;tQDtO*ro'l-:
ODM ::;« OD i»' to c:
ooy *- '" -^ tj 05 ai

X

1H88....

2,110.272

580.080
805,236
624 734

Vi'o'©©
©. OOiCCTt

CD;

GC

^toto W«) — OC^

188S

1,542.920

ports for four years:

cny to-o

T^

CD©<12C

«5*
to
ro
to CO j-I CO ;j CO
1

8.147.687

95.1.969

1.ST2980
l,202.ilfl»

Below are the

ycscfcoiisosc;*- 3:a

QD l» — 'x
to'
00
©©©©WOSOiOi©

110,156
ieoji2i
142,140

1,0«4,7S4

Rye

- CP © X X

gCOOJ©

o

28,075
0,500

s.ei<o

152.290

1,851.470

Oats
Barley

o

CO
- ,r^|r^
QC*-00(*^C0O;XM —
en
jO
*»—<CO
--^® ^©
*-'^to"-i©V*tuacVwoo
<-"

ltt84

Com

©U3©i».

rf^

8,001,494

"82

Fionr
0iO*--4' -ICOr-

xxco —

a

V©
csbooc ** W m'*"
X
O3swa.>ui<(-t;jtocccsv

259,006
943,651
267,904

"83

CO

o»cc©-g

C

aft

c;i

(X

W

> 0> *- CS fcOp 5« WOO;-) *

14,230

a6,88l»

>,CiW©

OiWOie^^j^t't^tt.o: s

:

IS7300

34.740
85r.336

10830

Tot.wk 84

150.000!

3,152

709,856

Same wk
Same wk

12,078
117,670

131.BM

13,410

Since July 28

-oa

5''50-];gcn_iH

--C000

;

M t—

SXOO
COMM

OtOXiU
a

MOnW

;

0<

—

— ^•—

-1 00 **

(OO'-'OnO'l

^0

"^7

8,440
«,87»

2,238

67,493
12.976

1,540
....

66,361

145,620

316.630
553,019

81377

.

,S!».461

2,863

41,850

Dulutb

*.(».«©
to'ocoa

03 OS

.

Lonli
Peoria

00300;
chojOdqd

tO-lCC*JODO

.

Stl

c;iu<_to

J.

Detroit...
Cleveland.

Bu<h.48U» ButhMlb-

&I6.014
40,300
2.419
3S/488
22,031
149JS04

601,027

102.480
74.148

Milwaukee
Toledo

BarUv.

ButhMOu Biu^32Uw

Bbb.ioeuw
OOQQDI^-'V^OB
<»©ci»r

OaU.

Oora.

Wh*at.

Wtour.

I

for last four

Barter.

Hue.

hu*h
t»Ju'
201.935 234,324
103,265
224,093
237,013 176.670
270,763 115,707
.

roi.,4W. 1289.267 7,201,9 JO 3,789.393 4.898.593 933,804 619,968
4Wks'83.1081.185 5.835,286 6,796.108 4,416.861 1.862.913 521.44.:

The receipts of
week ended Nov.

flour and grain at the seaboard ports for the
8 follow:

.

.

925

Barrels

.

Value

.$

.

3,238

Oats-

982

New Orleans...

Pounds
Value..*
Bushels
Value .9

The

.

Wheat
Bushels
.

tnith.

189.333
9.572

33,497
27.153
19.122

164,934
120.000
342,218

52.200
26,283

17.822

400

27,983

$

Barrels

Value . .$
Total values

'SI*
'83$

10 months—

."^5.5

352

2,500

1,768

34.311
174.411

5.738

1,768
198

174,141
64,070

2.991
10,088

OaU.

Barlttt,

Bve

bujtn.
bush
blur A.
365.936 209.300 56.925
121,751 48,150
3,36«
530
8,750 22,301
51.000 54.600
13.955
33,»67

4,075
20,275

433.008 20,27.^
490.307 183.118

6S3,585

54.665 1,447.903 1.135,223
43,007 172,674
981,950

2.449,280 850.109
2,100,417 312.S33

Nov.

8,

same

60,803

625.555 314.351 81.422
548.85J 381,928 164,350

ports for the period

1882-83.
11,881,615

1881-82
10,553,485

Wheat

.bush. 62.073,716
39.633,820
28,946,011
3,809,378
4,851,013

56,024.157
77,968,429
27,527,905
3,701.429
4,777,892

76.355,198
27,610.889
24.774.702
4,244.297
1,465,434

139,317,938

169.999,902

l.^M5J,43S

.

Com
Oats

Barley.

Total grain

-..

from Dec.

1^4, compare as follows for four years:

1883-84.
Flonr..... ..bbU. 11.711,970

Rye
133,.%87

total receipts at the

34, 1888, to

821,748
422,940

Wheat flour-

1884. ..8
1883... I

Oom.
252..300

Totalweek... 387,098 1,803.197 .358,071
Cor. week '83.. 320.106 1,183,845 1,082,766

Rye-

Oct..
Oct.,

Boston
Portland
Montreal
Baltimore

Oatmeal-

.

tuieh.

Newp't News

.

Value

Wheat,

obit.

166.330 1,140.225
122,192
41.100

Philadelphia...

Bushels
Value .$

Flour,

A<—

New York

1880-81.

11,162,958

83.512,782

94 816.233
24.662,238
3.783,flS5

1.669.795

2a8.144.T«S

8

.

'

THE CHRONICLE

662
The exports from the
ending; Nov.

8,

several seaboard ports for the week
shown in the annexed statement:

1884, are

[Vol.

XXXIX

was a fair re-order demand from interior retailers, which
indicates that seasonable goods are rapidly passing into the
channels of consumption, and that stocks in the hands of
distributers are nearing the replenishing point.
there

Domestic Cotton Goods.— The exports of cotton goods for
week were 1,930 packages, of which 938 were shipped to
Great Britain, 409 to Peru, 137 to Santo Domingo, 110 to Venezuela, &c. There was a continued light demand for nearly
all descriptions of plain and colored cottons at first hands, but
the volume of business was doubtless in excess of the previous week, and indications of a freer demand in the near
future were not lacking at the close. Brown and bleached
goods were a trifle more active, but not in liberal demand, and
The destination of these exports is as below. We add the
there was a limited movement in wide sheetings and corset
corresponding period of last year for comparison:
jeans, while cotton flannels were taken in small parcels to a
fair amount.
Colored cottons ruled quiet, but some fair-sized
Flour.
WKeat.
Oom.
parcels of fancy denims, &c., were sold to the manufacturBxportt
1884.
1883.
1884.
1883.
1884.
for week
ing trade in exceptional cases. Print cloths were in light
Week,
Week.
Week,
Week,
Week,
to—
demand, but the temporary stoppage of production at Fall
Nov. 8.
Nov. 10.
Nov. 8.
Nov. 10.
Nov. 8.
River and the steady advance in raw cotton imparted steadiBuith.
Bblt
Bblt.
Buth.
ness to prices, which at the|close were 3^c. less 1 per cent for
69,281
106,181
447,463
912,277
250.0il
OD.KIng.
64x64 "spots," 31^0. flat for 64x64 contracts to February and %%
10,931
5,369
573,163 411,12^
23,803
CoDtln'nt
@2?4c. for 56x60s. Prints were very quiet, aside from shirt3,339
1,625
8.&C.Am
4,731
ings, in which a fair business was done by means of excep12,079
15.430
W. Indies
4.351
15,605
Brlt.Col'e
11,215
3,000
tionally low prices.
300
1.103
Otli.o'nt'e
Domestic Woolen Goods.— Men's- wear woolens conTotal
108,^10 147.027 1,020.626 l,223.4rt.i
665.412
tinued very dull in agents' hands, and the outlook in this
By adding tliis week's movement to our previous totals wo branch of the trade is by no means encouraging. Worsted
have the following statement of exports since September 1, coatings and suitings are pretty well sold up, as are certain
makes of indigo blue flannels and satinets, but both all-wool
this season and last season:
and cotton- warp cassimeres are in liberal supply in spite of the
Wheat.
Flour.
Ctom.
great curtailment of production which has taken place. Kentuck jeans and doeskins ruled quiet, and Western manufacsport* finc<
1984.
188S.
1884.
1884.
1888
ISSS.
turers have wisely resolved to lessen the output of their mills
Au«. 8S. to— Atig. 25 to AUfl. 27 to Aug. 25 to Aug. 27 to Aug. 25 to Aug. 27 to
until the condition of the market improves. Ladies' cloths,
Nov. 8.
Nov. 10.
Nov. 10.
Nov. 8.
Nov. 10.
Nov. 8.
tricots, cloakings and Jersey cloths were severally in moders
Buslt.
Bbl>.
BbU.
Biuh.
Btuh.
Bush.
ate requeet, and there was a very light movement in flannels
,187.443
7.692.235
6.847,543
2.106.119
Un Kingdom 1,131,7»6
&.673,545
and blankets from agents' hands. Purchases of dress goodOontlnent
133.901
flO.486
7.858.874
4,906.978
396,035
2,303.826
were chiefly conflned to email parcels of plain arid plaid all375
139.219
118.661
29.254
215,666
811,261
S. & C. Am..
wool sackings and specialties in plaid and fancy worsted fa82,23.'!
190.379
16,583
West Indies.
187.172
123,852
brics, plain worsted dress goods
BrluCol'nlee
181.880
175,636
10
24,266
59,839
especially low grades havO ll. ooontr'i
7.777
6,913
6,737
4,008
101,960
ing been exceedingly dull. Hosiery and knit underwear continued quiet, and there was a light business in carpets.
Total. ...
1.787,752
1,736.251
15.584,.<W8 11.771.494
2.830,056 11.473 983
FoHEioN Dry Goods.— Aside from a few descriptions of
The visible supply of grain, comprising the stocKs in granary goods adapted to the coming holiday trade (in which
there was
ai the principal points of accumulation at lake and seaboard
fair
movement) foreign fabrics ruled quiet in first hands and
a
ports, and in transit by rail and water, Nov. 8, 1884, was as
the jobbing trade was sluggish. The auction rooms presented
follows:
some good-sized ofi'erings of handkerchiefs, embroideries,
tfheai,
Oorti,
Oat*,
Barley,
Xyt,
laces, lace curtains, &c,, and considerable sales were effected
in0t*treai —
httiih.
bunli.
bueh.
buth.
buth.
9,i78,888
New York
453,192 975,901
16,036
56,862 through their medium at low prices.
Do afloat (est.)
870,337
121,535
198,897
91,887
Importations of Dry Goods.
Albany
1,600
5,000
72,566 1 4.400
11,000
Buffalo
1.640,000
The importations of dry goods at this port for the week
170,000
270,000
31,1/00
CliicaKO
7,397,849
1,270,895 400,861
115,125
44,792 ending Nov. 13, 1884, and since January 1, and the same facts
Newport News...
369,3»5
the

1

. .

—

—

1

Milwaukee

1,719,258
1.703,001
2.329.599
557.037
246,227
2,398,085

Uulutli.

Toledo
Detroit

Oswefto
8t. Louis
Cinciuuati

4.',385

Boston
Toronto
Montreal
Pliiladelphla

Peoria
Indianapolis
Kansas city
Baltimore

Dows
On

75,767
136,665
3(1,071
724,820
6,155
117,300
893,888
1,050,167

Mississippi.

533.104

rail

On lake.

l,3c0.6?.5

Onoanal

1,521,471

Tot. Nov.

877
22,318
9,230
146,951
84,827
11,271
102,641

200
100
62,321
16,311
13,8C0
59,088
5,437
101.301
1,004,253
933,151
493,840

7,570
15.S78
59,026
11

2',

61

83030
553,575
150
11,922
120,251
81,373
51,600
10,517
10,924
118,695
634.412
119,923
243,860

81,856

8.654

for the corresponding periods are as follows:

3,875
1,235

422,649
81,465
45,645
20,638
321,178
18,826

5,362
23,453
14,229
1.674

3,725

4.280
4,900
5,406
36,i 03
80,00U
104,010
75,314
81,985

212,384
519,773

2.

It

November

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basis,

time will probably elapse before much activity in this
connection wiU be witnessed. The jobbing trade was quite
light as regards transactions with buyers on the spot, butt

CO
M

© > OS « 1^

ODCtOvOCO

14, 1884.

and orders were seemingly governed by pressing necessities.
Spring goods have met witii rather more attention from
early buyers, and a few orders for specialties were placed for
future delivery; but such cases were exceptional, and some

OOmO'MIO

tOO)

tctoooo

cidedly better feeling, with a slight increase of animation
oeveloped in the wholesale branches of the trade. There were
more package buyers in the market, and a daily improvement in the order demand was perceptible the past few days;
but purchases were conducted upon a most conservative

00
"^-tO"-*
•ph )tk. CO CO 01

QDtO

COCO

too

coca

The dry goods trade opened very quiet, owing to counte
claims with regard to the outcome of the late Presidential
election, and the possibility of political complications which
might prove detrimental to business, tut as the result became
more evident toward the close of the week there was a de-

00

y M — U' *•

S3§

THE DRY GOODS TRADE.
M.,

f

I

3,472

35,594,729 5,088,142 3,685,469 3,473,832 662,488
Tot.Nov. 1,'84. 34,301,538 5,453,500 4.029,442 2,288,661 479,551
Tot. Nov.10,'83. 30.775.446 9,634.395 5,516,281 2,456,9ii5 2,442,066
Tji Nov,ll,'82. 19,189,168 4,067,168 3,772,154 2,856,957 1,138,023
Tjt. Nov.l2,'81. 21,057.859 24,372,7^2 3,659,795 2,931,097 1,342,501

P

=

430

8, '84.

Friday,

i:
8:

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Vm 'h-mV
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=
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-

:

NOTBMBBR

18,

THE CHRONICLE

188<]

%nanviinc6.

Jtusurauce.

The United
OFFICE OF THE

States Life

(OHUANIZKD IN

&

261, 262

2(S3

T. n.

Co.,

Insurance

<£>tf\XtiXL

Insurance Co.
THB CITY OP NEW YORK,

IN

ATLANTIC
Mutual

til

1860.)

8 South 'William St., New York.
BXECUTK OIIDEHS KOK KLTURB DELIVIKT

COTTON
COFFEE
attheNBW TORK COFKKK KXCHANGK,

TORK, I.l VRItl-ooi. AND NBW Ok
Broadway, New York. attbeNKW
LBAN8 COTTON EXCHANUBH. AUoordenfor

BROSNAN,

Prmldent.

Fkaueioh. Seo'r A.WHiiLWRioHT.AsstBea

0. P.

Henry Hentz & Co.,
COMMISSION MERCHANTS

Oeo. H. BCRroHi), Actuary.
Leslaiatare of this State this Compaii7*B charter was so amended in 1888 that hereafter
all the prolltj shall belonc to the pollcr-holders ex.

NEW YORK, January 24, 1884.

clnalTelr.

The Truatee*, In oonformlty to tlie Cliarter of
the Company, submit the following Statement
of Its affuirs on the Slat December, 1883:
PremlumB ua Marine Risks from
Ist January, 1883, to 3 Ist De*4,168,953 10
cember, 1883
Premluuis on Policies not marked
1,539,232 53
oir 1st January, 1883
Total Marine

$5,708,185 63

Premiums

Premiums marked

off

$4,260,428 93

1833

Leases paid during the same
$1,901,042 38
period

Betnms

Premiums and Ex-

of

$850,080 76

penses

The Company has the following Assets,
United 8tat«s and State of New
York Stock, City, Bank and

1,956,500 00

otherwise
Seal Estate and Claims due the
Company, estimated at
Premium Notes and Bills Re-

425,C00 00
1,588,306 79
335,710 6

celvaole

CashluBank

THE OUTSTANDING CERTIFICATES

of
the issue of 1879 will be redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, the Fifth of Feb

mary next, from which

date all interest thereon

The certitlcates to be produced
payment and canceled.

at

A DIVIDEND OF FORTY PER CENT

le

declared on the net earned premiums of the
Company, for the year ending Slst December,
1883, for which certificates will be issued on
and after Tuesday, the Sixth of May next.

By

1883.
1888.
.«8 800,000 00 18,281,000 00
1«,780,000 00 18,n0(i,0ixi 00

THE

H. CHAPinAN,

MUTUAL NEWLIFE
CO.

YOKE.

OF

WINSTON,

President.

ISSUES EVERT DESCRIPTION OF
LIFEdb ENDO WMENT POLICIES
Rates Lower than other Companies.

ORGANIZED APRIL

Assets,

-

14. 1842.

Secretarjr.

^teamslxips.

W. H. H. Moore,
Charles H. Russell,

James Low,
David Lane,
Gordon W. Buraham,
A. A. Raven,

Wm.

Sturgis,

Benjamin H. Field,
Josiah O. Low,
William E. Dodge,
Boyal Phelps,
C. A. Hand,
John D. Hewlett,
William H. Webb,
Charles P. Burdett,

James G. De

L. Riker,

N. Denton Smith,

George

Direct Line to

JOHN D. JONES, President,
CHARLES DENNIS, Vloe-Preddent.
W. H. H. MOORE, 2d Ylce-Prealdent.
A.

A

HAVEN, Sa Vloe-Presldeot.

Buck

Brokm

Cotton

ft Co.,
ft Co..

New

Orleans.

Hopkins. Lucius HoPKiifsBiiRH.
CRARLCS V>. MILLCK.

C.

Hopkins, Dwight

& Co.,

COTTON
COMMISSION MERCHANTS,
PEARL STREET,
NEW YORK.

184

.No.

0BDIB8 rOB FlITUKE CONTRACTS BZCCtTTBD I>

New Tobk ANn

i.iverpoou

&

Schroeder

Co.,

SUCCESSORS TO

i;VARE & SCHROEDER,
COTTON COMMISSION MERCHANTS,
POST BriLDING,
16 & 18 Exclian^e Place, New York.
Special attention paid to the execution of order*
for the purcbaae or sale of contracta for future d*.
IlTcrr of cotton. Liberal adrancea made on oen-

BlynmentB.

OuNDEU.

A. C. VON

Charles Mathoff.

&

Mayhoff,

&

STONE STREET, NEW YORK.

4

COTTON BUTBHS,

France.

GENERAL TBANS^VTLANTIC CO.
Between NEW YORK and HAVRB,
From Pier (new) 42, North River, foot of Morton St.
Travelers by this line avoid both transit by Knglish
railway and the discomforts of crosalDg the Channel
in a small boat.
A NDl E. Franguel
Wed.. Nov. 19. 6 A. M.
ST. LAURENT. De Jousselln.Wed.. Nov.i;6. 11 A.M.
Wed.. Dec. 3. 5 A. M.
AMEKigUE. liantelli
Prick of Passage (Including wine):— To HavreFirst cabin. *HM) and ».S0; second cabin. $0'); steerage, $.itS -including wine, bedding and utensils. Return tickets at very reduced rates. Checks un Banque
Transatlantiqne, Havre and Pari.sln amountBtoault.

mEmPHIS, TBNN.
Farrar
132 PEARI.

Special Train from

Havre

to Paris.

tit Havre, provided passeDgers
tlie same delivered at the Company's dock In
York, Pier4:^ North River, foot of Morton St.,
at least two hours before the departure of a steamer.

&

Jones,

STREET, NEIY YORK.

Liberal advances made on Cotton conslKnments.
Special attention Riven to orders for contracts for
future delivery of Cotton.

EVRE, FARRAR &

NORM

have

CO.,

NORFOLK, VA.

Sawyer, Wallace

&

Co.,

COMMISSION MERCHANTS.
No. 18 RROADW^AY.
Liberal advances made on Cotton consljniments
Special attention given to orders for contracts for
future delivery of cotton In New York and Liverpool

without examination

Dennis Perkins

&

Co.,

COTTON BROKERS,
126 Pearl Street,

New York.

Orders for Spot Cotton and Fntoree
executed.

promptly

James F. Wenman & Co.,

C<p0tt0U.

COTTON BROKERS,
No. 113

Robert Tannahill

&

Co.,

NB'W YORK.

Special attention slTen to the pnrchaae and aale of
Future Contracta.

WALTER &KROHN,

N. Y.

William H. Beede& Co.,
No. 6

No. 61 Stone Street,

PEARL STREET,

Established (In Tontine Bnlldlnx) 1840.

Cotton Commission Hercliants,

COTTON BROKERS,
7 ^VILLIAin STREET.

and

Special attention Klven to orders for the bnyinc
and selllna of Cotton roK Fttube Ueliviht.

Waldron

&

Tainter,

COTTON MERCHANTS,
ni

W.Mll. STIIKKX.

COTTON UROKERS,

Bliss,

William H. Maoy.

II.

VON OrNDEElT"* MAYHOFF,

ONL. Y

Forest,

Charles D. Leverich,
Wmiam Bryce,
William H. Fogg,
Thomas B. Coddlngton,
Horace K. Thurber,
William Degroot,

John

OCSTATU8

Nog. 2

TBVSTEBS.
Horace Gray,
Edmund W. Corlles,
Adolph Lemoyne,
Bobt. B. Ulntnm,
Charles H. Marshall,
John Elliott,

Edwanla

Messra. Smith.
Liverpool.
Meenrs. Samuel

COTTON BROKERS,

liOUIS ]>E BEBIAN, Agent,
No. 6 Bowllns Green.

D. Jones,
Charles Dennis,

aa4

COBRMPOXDIKTS

$101,148,248 25 von Gundell

-

New

J.

tboNKW YOKK I'llODUCK KXCHANCiK
the CHICAGO BOAHLI UK TKAUE.

G.

The Compagnle Generale Transatlantlque delivers
at its office in New York special train tickets from
Havre to Paris. Ilitt;KH*ie checked through to Paris

order of the Board,

J.

. .

5,116,81440 B,iiitH,212 48
459.679 46
475,98898
Increase In new business written-ln 1883 over 1888,
87 per cent.
GOOD AOKNT9, deslrlnK to represent the ComSanr. are Invited to address J. 8. OAFFNKT,
apertntendent of Axenoles. at Home Office.

$12,972,312 47

SIX PER CENT INTEREST on the outstanding certificates of profits will be paid to the holders thereof, or their legal representatives, on
and after Tuesday, the Fifth of February next.

will cease.

Insurance Written.
Insurance In force
Assets

F. S.

$8,666,795 00

other Stocks

the time of

New

INSURANCE

tIz.:

Loans secured by Stocks and

Amount

Death Claims paid at once as seon as satlsfactorr
rroofs are received at. the Homo OfBce.
Absolute security, combined with the larKCSt llberalltr. assures the pupuluritj and success of this Co.
All form of Tontine Policies Issued.
Comparison or Btrsuiicss roR Two Txars.

at

Payments to pollcr-holders

from 1st

January, 1883, to Slst December,

All Policies henceforth Issued are Incontestable
for tnj cause after three rear*.

and

ORAIN AND PROVINIONM

Br an act of the

5S

BEAVKR 8TRKKT, NEW YORK.
F.

Hoffmann,

COTTON BROKER AND AOENT
88 RUB DB liA BOURSE, HAYRB.

JOSEPH CI LLOTTS
STEEL PENS
WO

R LD
SoiD By ALL OEALERSThrouomoutThc
,601.0 MEDAL PARIS EXP0SITION-ia7B.

THE CHUONICLK

v)li

®0tt0U.

fi/jOttUtt.

Woodward &

[NoTEMBEk

pttBCjeXXangPtts,
Walter T. Hatch.
Nath'l W. T. Haltk.

Stillman,

MERCHANTS,
Post Bnilding, 16 & 18 Exchange Place

W.

INMAN,SWANN&Co

NEir iroRK.
MADK on ACCEPTABLE

IjOANS

BCURITIE8.

BPXCiAL Attention to Okdbbs for Contracts
»OR Fdturb Delivebt of Cotton.

S.

&

Jemison

York.

Co.,

195 Broadway, New York City.
Oompany lal Day of July. 1884.
CASH CAPITAL
»1 ,000,000 00
statement of

YORK, NEM^ ORLEANS,
AGENT FOR

Reserve for unearned premiums
Reserve for unpaid losses
Netsurplus

& Gwynn,

Authorized Capital, R. M. 20,000,000.

LIHKAN, Abraham

16 and 18 Excbange Place,

&

Rountree

OLD SLIP,
NEW YORK,
12

AND NORFOI.K,

attention f^iven to the execution of orders fur the purchase and sale of Cotton, Grain, and
Provisions for future delivery. Orders also executed

on the New York Petroleum Exchange and tetoclt
Board. Liberal advances made on consignments.

Theo. H. Price,
Late of Eure, Farrar & Price.

Price,

Reid

&

Co.,

& Commission
NORFOLK^ VA.

Gwathmey

&

Bloss,
COniHISSION JflERCIIANTS,
No. 123 PEARL ST., N£W YOKK.
Orders for future delivery of Cotton executed in
Liverpool also for Qrain and Pro-

New York and
TlBlons In New

& Wakefield,
COTTON

RANK£R

St.,

New York.

Henry M. Taber& Co.,
141

PEARL

ST.,

NETV YORK.

COTTOTV.
H. CLISBY

&,

CO.,

COTTON BUYERS,

mONTGOniERY,

AI.A.
PCBOHASE ONLT ON ORDERS FOB A COUHISSION

Fellowes & Tileston,
COTTON, STOCKS, RONDS, ^kc.,
U5

WILLIAM STREET, NEW YORK

Orders in " Futures" executed at N. Y. Cotton Bxcb.

Geo. Copeland

&

Co.,

COTTON BROKERS,
1S4 PBARI. STREET,

Co.,

S

Beoelve consignments of Cotton and other Prodnoe
and execute orders at the Exchanges In Liverpool
Bepresented in New York at the office of

BABCOCK BROTHERS A
GO Wall Stbkit.

NSW YORK.

CO.,

York.

Secretarjr.

1,

1884

for unpaid

$9,192,643 80
losses

and re-lnsuranoe fund
Capital

1,923,185 9^
4,000,000 Of

NET 8UKPLUS

03,369,457 So

No. 3 Cortlandt

St.,

New

York.

JA8. A. AI^EXANDER, Ageut.

North
&

British

Mercantile Ins.

Co.

OF

LONDON AND EDINBIJRGn.
United States Board of Management,

NBW

TORE:

Solon Humphreys. Ch'r'n, (E. D. Morgan & Co.)
David Dows, Esq. (David Dows A Co.)
E. P. Fabbki, Esq. Drexel, Morgan & Co.)
Hon. 8. B. Chittkudkn
Ezra White, Esq.
J J. AsTOK, Esq.

ORAVIERST., CHAS.
New Orleans, La.

123 PEARIi ST., 18«

17,843,674 4>

President.

OF HARTFORD.

Wh. Mohb. H. W. Hanehann. Clxhens Fischer.

Mohr, Hanemann& Co.,

1884

WASHBVRN,

Asaets January

F.BABCOCK&CO.
COMMISSION MERCHANTS,
IT Water Street, LIVERPOOI.,

1,

mARTIN,

Insurance Compan)

Buyers of Cotton for a Commission. Orders for Fn|
tare Contracts executed in New York and Liverpoo

B.

J.

iETNA
Liabilities

8ELMA, ALA.; MONTGOMERY, ALA.

New

Advanoes made on Consignments of Cotton. Contracts for Future Delivery of Cotton bought and
old on oommisalon.

JOHN

&

COTTON COMMISSION MERCHANTS
No. 18 Truiiam Street, New York.

And General Commission Merchants,
Liberal advances made on cotton consignments
Bpecial attention given to orders for contracts for
Ritnre delivery of cotton.

H.

J.

Neiv York.

Yorlc.

Tuttle

CHAS.

Yorit

;

84 Beaver

Cash Assets, July

Orders executed at the Cotton Exchanges in New
and Liverpool, and advances made on Cotton
and other produce consigned to us, or to our correspondents in Liverpool, Messrs. B. Newgass &. Co..
and Messrs. L. Rosenheim & Sons.

00

Reserve for Unearned Premiums
2,65n,807 00
Reserve for Unpaid Losses and Claims.
350,312 42
Net Surplus
1,842,655 04

OrFICE, No. 204 CHtTRCH Stbukt,

John C. Graham

NEW YORK.

OF

OFFICE 119 BROADWAY.
CASH CAPITAL
»3,000,000

BXCHANGB PLACB,

No. 40

ANI>

Bollcited.

Insurance Company

HEUBERS OF THE COTTON, COFFEE AND
PRODUCE EXOHANQES.

Merchants

Liberal advances made on Cotton consignments.
Bpecial attention given to the sale of cotton to
arrive or in transit for both foreign and domestic

Correspondence

Co.,

Montgomery, Ala.

FEKGtrs Reid.

Cotton Brokers

marfcets-

Lxhman, Dents A

coramssioN itierchants.

VP-TOWH

VA.

13^ Special

Co.,

LEHMAN BRO'S,
Cotton Factors
AND

Co.,

MERCHANTS,

COIHIHISSION
NO.

rORK.

St

New Orleans, La.

»3,957,6T6"65

HOME

Paid-Up Capital, R. M. 6,000,000.

COMMISSION MERCHANTS,

2,043.222 85
256,486 66
658,967 64

.

CROHTEL,!., Prealdent.
VVM. R. CRdWELL. Vice-President.
PIULANDEK SHAW. Secretary.
WM. CHARTERS, Assistant Secretary.
FRANCIS P. BURKE, Seo'y Local Dep't.

COTTON FACTORiS
AND

.

STEPHEN

& Co., Galreston, Texas. COTTON COMPANY OF STDTTGAET.

NEW

Sons,

Office,

G. E. Staenglen,

AND

Post Btjildino,

&

BANKERS,
14 NASSAU STREET, NEW YORK.

Phenix Insurance Co.
OF BROOKLYN,

COTTON COMMISSION MERCHANTS, NETV
No. 23 William St., New York.

Fielding

T. Hatch

—

New

BANKERS

Jeini8on,Groce

P. Hatch.

WANTS

COTTON, ALL GRADES, SUITABLE TO
OF 8PINNBRS,
OrrEBED ON TERMS TO StTIT.

E.

Henry

Arthur M. Hatch.

( tJ»o Chapel 8t«, New Haven
Personal attention given at the BXCHANOBS to
the purchase and sale of STOCKS and BONDS for
cash or on marKln.
DBP08IT8 KBCKIVBD— subject to check at slgbt
with Interest upon balances.
Special attention nald to INVBSTMBNT8 and
accounts of CODNTRT BANKERS.

COTTON MERCHANTS,

Oa&h Advances Made on Consignments.

15, 1884.

E.

WHITE, SAM. P. BLAGDEM
UANAOBRS

OflSce,

S4 iruilam

St.,

New

York.

Special Attektion Givbn to thb Execution

of

orders for future contracts.

Friedrich
Austria.

I.

Fischer,

COTTON AGENT,
PRAGUE.

Wa&hen Bwmr,

Brothers,

COTTON BROKERS,
Noa. 31

dc

LJnion Ins, Cyo.

John H. Bwin,

Jb.

Ewen

Austria.

G ommercial
(OF LONDON^

ALFRED

33 Broad Street,

MEW

TOBX.

PELL,

Sesident

Cor, Pine

3lafiaff$r.

& William Sts