The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
THE CHRONICLE.
N o vem ber 17, 1883.]
m
gatxktxs atud %x&\zxs.
gauîiers aaxl ^xolitxs.
Geo. K. Sistare’s Sons,
W m.M. EARL,Memb. N. Y. St’ck Ex. G. H. STAYNER,
A. H. Dayton .
Special.
A. H. Mure .
19
NASSAU
S T ., N E W
F IR S T -C L A S S
Earl &; Dayton,
YORK,
DEALERS IN
IN V ESTM EN TS.
Buy and Sell on Commission, for cash or on mar
gin, all securities dealt in at the New York Stock
Exchange.
Interest allowed on daily balances.
All deposits subject to cheek at sight.
Particular attention to orders by mail or telegraph
B A N K E R S AND
B R O K E R S ,
55 TO 59 DREXEL BUILDING,
N ew Y o r k .
STOCKS AND BONDS BOUGHT AND SOLD
STRICTLY ON COMMISSION.
St
e w a r t
R . A . Lancaster & Go.,
BANKERS AN D BROKERS,
UNITED B A N K BUILDING,
BROADWAY AND WALL STREET, NEW YORK
DEALERS IN
g a t tît s -^ je tu
N o. 38
B
r o w n
P IN E
’s
S
,
o n s
STREET,
NEW YORK.
Stocks and Bonds bought and sold on Commission.
Wm. P. Humbert & Co.,
R a ilro a d & M iscellaneous Securities.
BANKERS AND BROKERS,
Southern Securities a Specialty.
N o . 7 N a s s a u S treet, N e w Y o r k .
Randall & Wierum,
W m. p . H umbert ,
Edw ard s . Benedict.
Member N.Y. Stock Exch’ge,
Member N.Y. Produce Exch’ge.
50 E XC H A N G E PLACE,
Hatch & Foote,
B rokers iu R ailroad Stocks and Bonds,
GOVERNMENTS Sc FOREIGN EXCHANGE.
Ch a s . K. R a n d a l l ,
Otto C. W eibum .
Member N. Y. Stock Exchange.
Simons & Chew,
STOCK B R O K E R S ,
H E x c h a n g e C o u r t A 5 2 B r o a d w a y ,N .Y .
Stocks, Bonds and U. S. Government Securities
Bought and Sold on Commission.
Ja s . D. Simons,
B e v e r l y Chew .
Member N. Y. Stock Exchange.
Member N. Y. Produce Exchange.
W alston H. B rown .
Fred . a . Brown
H erbert p . Brown .
B A N K E R S , N o . 1 2 W a l l S treet, N . Y .
We make U. S. Bonds and Investment Securities a
specialty, execute orders in STOCKS and BONDS
for cash or carry the same on margin. W e transact
a general BANKING business and ALLOW INTER
EST on DEPOSITS. Branch Offices, connected by
private wire, Norwich, Conn., Gloucester, Mass., and
181 Devonshire Street, Boston, Mass.
Wm . d . h a t c h ,
Member N. Y. Stock Exch.
W m . B. K en dall .
dCcUcfv Sc effect/baff,
N o. 3 1 W A L L
BANKERS
"Waiston H. Brown & Bros
AND
STREET,
BROKERS,
Refer to Messrs. Fisk & H a tc h .
BANKERS,
N o . 2 0 N assau
Y ork.
BROKERS IN
STO C K S A N D BO N D S, U N L IS T E D
• S E C U R IT IE S A N D M I N I N O S T O C K S ,
No. 52 BROADWAY.
Douglas H e n r y ,
Charles Seton H e n r y ,
.Member N.Y. Stock Ex. Member N.Y.Min. Stock Ex.
DANIEL WARFIELD.
I. F. Mead & Co.,
STOCK BROKERS,
80 B R O A D W A 1 , N E W K O R K .
Branch Office with Private Wire at 28 West TwentyThird Street.
Buy and sell on commission ïor investment or on
margin, all securities dealt in at the New York Stock
Exchange.
R. R. L e a r .
I. F. Mead ,
t . H. Curtis ,
Member N. Y. Stock Exch.
AUGUSTUS NATHAN
Pondir & Co.,
S to ck s, Bonds & In vestm en t Securities
2 0 E X C H A N G E P L A C E , N . IT.,
Orders executed on the London and European
arket.
Read & Stafford,
B R O K E R S ,
M i ll s B u i l d i n g , N e w Y o r k .
All securities dealt in at the New York Stock Ex
change bought and sold on commission for cash or
upon margin.
J. E. R ead .
W. f . Stafford ,
Member New York Stock Exchange
C. A. B uttrick .
W m. E lliman .
Buttrick & Elliman,
1 8 W a l l S tr e e t.‘N e w Y o r k .
—Railroad bonds a specialt y .—
—Investors are invited to correspond.—
-Information cheerfully given.—membership instock Exchange,
-Orders by mail solicited and promptly attended t
Edwin Corning,
38 W ALL STREET,
STOCK. AMD R O A D B R O K E B
Member New York Stock Exohange,
- -
. . . .
8 3 0 0 ,0 0 0
B U FFALO, N. Y .
This hank has superior facilities for making col
lections on all accessible points in the United
States, Canada and Europe. Liberal terms extended
to accounts of bankers and merchants.
Correspondents .—New York, National S h oe*
Leather Bank; London. Union Rank of London.
gfjCTOifltx gmiUers,
Blake Brothers & Co.,
LONDON, E N G LA N D ,
Solicit accounts and agencies of Banks, Railways
Corporations, firms and individuals, upon favor
able terms; also orders for the purchase and
sale of Bonds, Shares, &c., &c., on Commission
on the Stock Exchange. .
Negotiate Railway, State and City Loans and
Issue Commercial Credits available in all parts
______ the world.
_______________
~-L
Nederlandsch Indische
Handelsbank,
AM STERDAM ,
HOLLAND.
E stablished in 1663.
P a id -U p C a p ita ], 1 2 ,0 0 0 .0 0 0 G u ild e r s
( $ 4 ,8 0 0 ,0 0 0 G o ld .)
HEAD OFFICE IN AMSTERDAM.
Agencies in Batavia, Soerabaya and Samarang.
Correspondents in Padang.
Issue Commercial credits, make advances on ship
ments of staple merchandise, and transact other
business of a financial character in connection with
the trade with the Dutch East Indies.
B L A K E B R O T H E R S & C O .,
A gents for North A merica ,
18 W ALL STREET, NEW YORK.
B A N K E R S
AND
¿ 6
Henry Bros. & Warfield,
AN D
Bank of Buffalo,
C A P IT A L ,
Adolph Boissevain & Co.
•SPECIAL ATTENTION GIVEN TO THE NEGO.
TIATION OF
R A IL R O A D S E C U R IT IE S .
B A N K E R S
Sh erm an S. J ewett ,P res. J osiah J ewett ,V-Pre»
W il lia m C. Co rnw ell , Cashier.
_______ 28 STATE STREET, BOSTON.
S tree t, N e w
JOHN FONÊIR.
ijtftk jlja ie .
Co.
C O M M IS S IO N
AMSTERDAM, HOLLAND
B A N K E R S ,
N o.
18
W A L L
S T R E E T ,;
N ew Y o r k ,
Transact a General Banking Business, including
the purchase and sale of STOCKS and BONDS for
cash or on margin.
B u y a n d S ell I n v e s t m e n t S ec u rities.
P. 0. BOX 2,647.
A. M. K idder . W a y l a n d Tr ask , h . j . Morse.
________________ W. G. H ill .
( g li d e s ,ß o U D E N S J
ej^
in s
,
-B A R K E R S -
2 5 J°iN£ §T. -
M E R C H A N T S ,
rçeuuY o r k >
Purchase and sell on Commission GOVERNMENT
and RAILROAD BONDS and 8TOCKS, and all
classes o f Securities dealt in at the NEW YORK
STOCK EXCHANGE, or all reputable Securities
bought and sold in the OPEN MARKET. LOANS
and COMMERCIAL PAPER negotiated. Interest
paid on DEPOSITS, subject to check.
fôoodtj.
A is le ila tt
& £ o .
BANKERS, ,
5 8 B r o a d w a y , c o r. E xchange P la ce, N. Y
B ranch Office, 1 2 8 La S a lle St., C h ica g o.
TRANSACT A GENERAL BANKING BUSINESS.
INCLUDING THE PURCHASE AND SALE OF
STOCKS AND BONDS FOR CASH OR ON MAR
GIN. BUY AND SELL INVESTMENT SECURI
TIES. INTEREST ALLOWED ON DEPOSITS
SUBJECT TO CHECK AT SIGHT.
P. O. Box 447.
D A. BOODY,
C. W. McL e LLAN J r .
R euben L et,a no .
0 fjO)§alla\x<iU
BANKERS,
UNITE!» B A N K
B U I L D I N G ,
W a l l S treet, C o rn e r B r o a d w a y .
STOCKS, BONDS <& COM MERCIAL PAPER.
Stocks and bonds bought and sold on commission at
New York Stock Exchange. Advances made on busi
ness paper and other securities.
N. Y. Correspondents—Messrs. Blak e Bros . & Co.
T h e C i t y Bank,
(L IM IT E D ,)
LONDON, EN G LA N D .
A u th o r iz e d C apital.
£ 4 ,0 0 0 ,0 0 0
S u b scribed C ap ita l,
- 4 ,0 0 0 ,0 0 0
P a id -U p C a p ita l, 1 , 00 .0 ,000
R e s e r v e F un d, £ 5 0 0 ,0 0 0 .
H E A D OFFICE, TH R E A D N E ED LE STL
BRANCHES :
Bond Street,
Î Tottenham Court Roa
Luagate Hilt,
I Paddington,
Knightsbridge,
I Aldgate,
Holborn,
I Old Street,
London.
The Bank, while conducting the general budness
of London Bankers, gives special attention to the
Agency of Foreign and Colonial Banks.
____________________ A. G. KENNEDY. Manager
THE
Anglo-Californian Bank
(LIMITED).,
L O N D O N , Head Office, 3 Angel Court.
SA N »F R A N C I S C O Office, 4 22 California, St.
N E W Y O R K Agents, J. & W. Seligman & C o.
B O S T O N Correspondes, Massachusetts N. B k.
A u t h o r iz e d C a p it a l, - - - $ 6 ,0 0 0 ,0 0 0
P a id -u p C a p it a l, - - - - 1 , 5 0 0 ,0 0 0
R eserve F u n d , - - - - - 3 5 0 ,0 0 0
Transact a general banking business. Issue Com
mercial credits and Billsof. Exchange, available in all
parts of the world. Collections and orders for Bonds,
Stocks, etc., executed upon the most favorable terms
FREIT’K F. LOW,
(Managers
1GNATZ STE1NAART, j managers.
P. N. LILIENTHAL, Cashier. .
■
Bank o f Australasia,
(INCORPORATED 1835.)
4 T h r e a d n e e d le S t., L o n d o n , E n g la n d
PAID-UP CAPITAL, £1,200,000.
UNDIVIDED PROFITS (including Guarantee and
Reserve Funds), £479,376.
Letters of Credit and Drafts issued on the 110
branches of the Bank in the Colonies of Queensland,
New South Wales, Victoria. South Australia, T smaniatind New Zealand. Bills negotiated or sent for
Collection. Telegraphic Transfers made. Deposits
received in London at interest for fixed periods ou
terms which may be ascertained at the office.
PRIDEAUX SELBY Secretary
T H E
^ O X Z iQ U
D e
% KVLk& x$.
T w e n t s c h e
B . W . B L I J B E N S T E I N & C O .,
AM STERDAM , - - - - H OLLAN D.
E stablished 1861.
Subscribed Capital,8,000,000 —Guilders (13,200,000.—)
Paid-Up Capital, 7,861,700 — “
(13,144,680.—)
Reserve Fund,
1,258,874 34 “
($ 503,550.—)
M e a d O ffic e , A m s t e r d a m .
BRANCHES
L on d on —EXCHANGE & INVESTMENT BANK,
B. W. BLIJDENSTEIN & CO,
Nos. 55 & 56 Threadneedle Street, E. C.
P a rts—A ncienne Maison L eon & Dreh er ,
COMPTOIR DE CHANGE, L imited ,
112 Rue de Richelieu.
' R o tte r d a m —DE WISSEL- en EFFECTENBANK.
E nsch ede—B. W. BLIJDENSTE1N, Jr .
A lm e lo -LEDEBOER & CO.
Transact a general Banking and Commission Busi
ness in Bills, Stocks, Shares, Coupons, &c.
New Y ork Correspondents
Messrs. K N A U T H , N A C H 0 D & K Ü H N E
o n g
K o n g
&
S h a n g h a i
B A N K IN G C O R P O R A T IO N .
CAPITAL (paid-up)..................................$6,250,000
RESERVE FUND......................... ............ 8,500,000
HEAD OFFICE, HONG KONG.
The Corporation grant Drafts, issue Letters of
. Credit for use o f Travelers, and negotiate or collect
Bills payable at Bombay, Calcutta, Singapore, Saigon
Manila, Hong Kong, Foochow,, Amoy, Ningpo,
Shanghai, Hankow. Yokohama, Hiogo, San Francisco
and London.
A . M . TO W N S E N D , A gen t, 4 7 W iilia m S t.
E. Wuthmann & Co.,
BAN KERS,
.
BREM EN, GERM ANY.
<£atmxlian
^m xkzxs.
--------------------------:-----—
~-------------------Bank of Montreal.
C A P I T A L ., SU RPLU S, -
-
© a tm d fo m
- $ 1 2 ,0 0 0 ,0 0 0 , G o ld .
$ 5 ,7 5 0 ,0 0 0 , G o ld
C. F SMITHEKS, President,
W. J. BUCHANAN, General Manager
NEW Y O R K OFFICE,
N o s. 5 9 A 61 W A L L S T R E E T .
WALTER WATSON, )
A lex ’r L an g ,
5 Agents.
Buy and sell Sterling Exchange, Francs and Cable
Transfers; grant Commercial and Travelers’ Credits,
available in any part of the worldj issue drafts on
and make collections in, Chicago and throughout the
Dominion of Canada,
C A P I T A L (p a id u p ), - - - $ 1 ,5 0 0 ,0 0 0
S U R P L U S , ................................ $ 6 7 8 ,0 0 0
H. S. HOWLAND, Pres’t. D. R. WILKIE, Cashier
H E A D O F F IC E , T O R O N T O .
BRANCH ES:
3t. Catharines, Port Colbome, St. Thomas, Ingersoll
Welland, Fergus, Woodstock,Winnipeg, Man,,
Brandon.
Dealers in American Currency & Sterling Exchange.
Agents ln London:
1 Agents in New York:
Bosanqttet, salt & Co., Ba n k op Montreal
73 Lombard Street.
|
59 Wall Street.
Promptest attention paid to collections payable In
any part of Canada.
..Approved Canadian business! paper discounted at
the Head Office on reasonable^ terms, and proceeds
remitted by draft on New York.
Mer c ha nt s
Bank
CANADA.
Capital, - * - $5,700,000 Paid Up.
Reserve, • - ..................... $ 1 ,1 5 0 ,0 0 0
President, ANDREW ALLAN, Esq.
Vice-President, ROBERT ANDERSON, Esq.
H E A D O F F I C E !, M O N T R E A L .
GEORGE HAGUE, General Manager.
J. H. PLUMMER, Assistant General Manager.
BANKERS:
LONDON, ENG.—The Clydesdale Bank (Limited.)
NEW YORK—The Bank o f New York, N.B.A.
The New York Agency buys and sells Sterling Ex
change, Cable Transfers, issues Credits available in
all parts o f the world, makes collections in Canada
and elsewhere, and issues Drafts payable at any of
the offices o f thelbank In Canada. Every description
o f foreign banking business undertaken.
N e w Y o r k A g e n c y , N o . 61 W a l l S treet.
HENRY HAGUE,
>
.
JOHN B. HARRIS, JR.. j Agents.
AGENCY
OF
THE
B a n k
OP
B r it is h N
N o.
52
orth
W ALL
A
m e r ic a ,
STREET.
Buy and sell Sterling Exchange and Cable Trans
fers. Issue demand drafts on Scotland and Ireland,
also on Canada, British Columbia, Portland. Oregon
San Franolsco and Chicago.
C I R C U L A R N O TE S issued in Pounds Sterling
available in all parts, o f the world.
Bills collected and other hanking business trans
acted.
U. A. McTAVISH, ) ,
.
H. STIKEMAN, J Agents.
[V o l. x x x v i i ,
I c M u s B lu a u la
R e a
D a u b e r s .
B r o th e r s
&
C o .,
BANKERS AND BROKERS,
N o.
97
W O O D
S T R E E T ,
P IT T S B U R G , PA .
Dealers in Government, State, County, Municipal
and Bai road Bonds. Execute orders ln all SECUR
ITIES listed at the New York and Philadelphia
Stock Exchanges by Private Wire.
Jos. M. Shoemaker .
R obert M. ja n n e y
J o s . M . S h o e m a k e r 8 t C o .
BANKERS AND STOCK BROKERS,
N o. 134 S O U T H T H I R D S T R E E T ,
P H IL A D E L P H IA .
®®,al®ra toall issues o f United States Bonds. Invest-
G z o w s k i
BANKERS
AND
&
B u c h a n ,
STOCK
BROKERS,
E .
W
.
T O R O N TO , CANADA.
Prompt attention given to Collection of Commer
cial Bills and Canadian Funds on all points in Canada;
American and Sterling Exchange, and Stocks, Bonds,
etc., bought and sold.
Correspondents—Bank of New York, New York,
and Alliance Bank. London.
gtxglaml %mxiwx&.
Brewster, Cobb
& Estabrook
BANKERS,
N o.
35 C O N G R E S S S T R E E T ,
BO STO N .
MEMBERS OF THE NEW Y O R K AND
BOSTON STOCK EXCHANGES.
ALSO,
D e a le r s I n m u n i c i p a l , S ta te , R a i l r o a d
a n d U n i t e d S ta te s R o n d s .
Bank of Deposit,
8 4 D e v o n s h ir e & 20 W a te r S ts .,c o r .o p p .P .O
R O S T O .N .
Interest on deposits subject to check.
B onds and other investments bought and sold.
Correspondence invited.
Orders executed at Boston and New York Stock
Exchanges, o f which we are members.
F. A. Hawley & Co.,
RAN KERS.
Perkins, Dupee & Co.,
(Formerly Chas . A. Sweet & Co.),
BANKERS
AND
N o. 4 0
STATE
&
C o .,
B A N K E R S ,
DEALERS IN CAR TRUSTS AND OTHER IN
VESTMENT SECURITIES.
Stocks and Bonds bought and sold on Commission
Narr & Gerlach,
B A N K E R S A N D B R O K E R S
No: 322 CHESTNUT STREET,
P H IL A D E L P H IA ,
AND No. 3 KCENIGSTRASSE, STUTTGART.
Orders executed by private wire in New York. Bos
ton and Baltimore.
S t a Ä T m p e “ ^ priDCipal points ln the United
Geo. B. Hill & Co.,
BROKERS,
P I T T S B U R G , P A .,
Buy and sell all classes of Western Pennsylvania
Securities. Correspondence solicited.
gallimort gauhcrs.
J•W . Middendorf , w . B. Oliver , c . A. A lberti
Members Baltimore Stock Exchange.
Middendorf, Oliver & Co.
BANKERS AND BROKERS,
S. W . C o r n e r G e r m a n & S o u t h S ts .,
P. O. Box 397.
B A L T IM O R E , M d.
Special attention given to the negotiation of For
eign Bills o f Exchange, Collateral Loans and Com
mercial Paper.
INDICATORS AND TELEPHONE IN OFFICE.
Robert Garrett & Sons,
BANKERS,
BROKERS,
STREET,
B O S T O N , M ASS.
C la r k
N o. 3 5 S outh T h ird S treet, P h ila d elp h ia .
N o.
L o n d o n O ffic e , N o . 9 B l r c h l n L a n e .
OF
B a u h r v s .
I m p e r ia l B a n k o f C a n a d a .
B a n k v e r e e n ig in g ,
H
C H R O N IC L E .
7 SOUTH STREET,
B A L T IM O R E ,
Dealers in Municipal, State and Railroad Bonds.
TRANSACT A GENERAL DOMESTIC AND
FOREIGN BANKING BUSINESS.
Joshua W ilbour ,
Charles H. Sheldon , J r .
Benjamin A. Jackson , W illia m Bin n e y , Jr .
Wilson, Colston & Co.,
Wilbour, Jackson & Go.,
BANKERS AND BROKERS,
B A L T IM O R E .
INVESTMENT and SOUTHERN SECURITIES a
specialty.
Correspondence solicited and information fui nished.
N. Y. Correspondents—McKim Brothers A Co.
52
BANKERS AND BROKERS
W E Y R O S S E T S T R E E T ,
P R O V ID E N C E , R . I.
Dealers in Commercial Paper, Government and
otner first-class Bonds and Securities and Foreign
Exchange.
Private Telegraph Wire to New York and Boston.
Parker
B A
No. 60
&
Stackpole,
N K E R
S ,
D E V O N S H IR E
STR EET,
R O STO N .
C. E. Jackson
&
. Co.,
BANKERS,
M I D D L E T O W N , C O N N .,
Buy and sell Government, State, Municipal and
Railroad Bonds and Stocks. Investments for Sav
ings Banks a specialty. Collections made.
eg m u sv(lvu u îtt g u u k j e m
A. P. Turner & Co.,
B A N K E R S A N D
B R O K E R S ,
No. 207 W ALNUT PLACE,
P H IL A D E L P H IA .
W m . Fisher
&
Sons,
BAN KERS,
A n d D e a le r s In G o v e r n m e n t s , S t o c k s
a n d I n v e s t m e n t S e c u r itie s ,
Opposite Second St ,
3 2 SOUTH STREET,
B A L T I M O R E ,
M D .,
Have Western Union wires in their offices, by
means o f which immediate communication can be
had with all commercial points in the country. Es
pecial attention given to purchase and sale of Vir
ginia Consols, Ten-forties, Deferred and all issues
o f the State, and to all classes o f Southern State,
City and Railway Securities. Correspondence so
licited.
E. H. B ubruss , Pres’t.
A. K. W alk e r , Cashier
First National Bank,
W IL M IN G T O N , N . C.
Collections made on all parts of the United States
Wm. C. Courtney . Pres. E rnest H. Pringle , Cash
BANK
OF
CH ARLESTON,
Nationa l Ba n k in g A ssociation
C H A R L E S T O N , S. C.
Special A ttention given to Collections
N ovem ber
THE CHRONICLE
17; 1883. j
W ltsttxu \paixtees.
g a ix T x c r ö .
P. A. WlEEY,
Cashier.
W. T. BLACKWEIiI.,
President.
George
Q w e s t
Eustis & Co., United States Trust Co.
BROKERS
The Bank of Durham,
OF N E W TORE,
No. 49
C IN C IN N A T I, O H IO .
d ir h a m
, n . c .,
With ample means, and facilities excelled by no
Bank in the State, invites correspondence and pays
pedal attention to collections.
Thos. P. Miller & Co.,
ffixxaxxcial Compatîtes.
F I D E L I T Y & C A S U A L T Y CO ,
NO. 179 BROADWAY, NEW YORK.
Officials of Banks, Railroads and Express Compa
nies. Managers, Secretaries, and Clerks of Public Com
panies, Institutions and Commercial firms, can obtain
RONDS OF S U R E T Y S H IP
from this Company at moderate charges.
The bonds o f this $Company are accepted by
courts o f the State o f New York.
CASU ALTY D E P AR TM EN T.
Policies issued against accidents causing death or
totally disabling injuries.
Full information as to details, rates, &c., can he
THE CITY BANK OF HOUSTON,
obtained at head office, or of Company’s Agents.
C A P I T A L , $ 5 0 0 ,0 0 0 ,
Wm . M. R ich ards . Presi. john &i . okamjs, sec'>.
R ob ’ t J. H illas , Ass’t Secretary.
DIRECTORS:
Geo. T. Hope, David Dows,
W. G. Low,
G. G. Williams, A. S. Barnes,
Charles Dennis,
W e give special attention to collections on all J.S.T.
Stranahan, H. A. Hurlbut, Alex. Mitchell,
accessible points.
J. D. Vermi’ ye, S. B. Chittenden
Directors .—Benjamin A. Botts, Pres’t; F. A.Rice, a . n. tiuii,
C. C. Baldwin, W. B. Botts, Robrt Brewster, S. K. _________ Geo. 8. Coe, „ Wm. M. Richards.
Mcllhenny, B. F. Weems.
Ronds of Suretyship
B. F, WEEMS, Cashier. BENJ. A. BOTTS.Pres’t
BANKERS,
M O B IL E , A L A B A M A .
Special attention paid to collections, with prompt
remittances at current rates o f exchange on day of
payment. Buy and sell State of Alabama and City
o f Mobile Bonds.
Correspondents.—Bank o f the State o f New York
New York; Louisiana National Bank, New Orleans;
Bank-of Liverpool, Limited. Liverpool.
Houston,
MERCHANTS’
Texas.
NATIONAL
BANK,
R IC H M O N D , V IR G IN IA .
Collections made on all Southern points on best
terms; prompt returns.
JOHN P. BRANCH, President.
J ohn F. Glenn , Cash. Fred . R. Scott. Vice-Pres’t
THOM AS
BRANCH
&
CO .,
BANKERS AND COMMISSION MERCHANTS
R IC H M O N D , V IR G IN IA .
Virginia Bonds funded under the Funding Act
passed by the last Legislature, for H per cent commis
sion. New North Carolina 6 per cent bonds, secured
by hen on the State’s stock- in the North Carolina
Railroad, for sale.
W ltsU xu gaixiucrs.
NO OTHER BUSINESS.
The Guarantee Co.
No
BANKERS
76 DEAR B O R N STREET,
~
C H IC A G O , I L L .
State, County, City, Town, School,
and Car Trust Bought and Sold.
The funding o f entire issues receives special atten
tion. Write ns I f you wish to bny or sell.
_____
T H E
BONDS,
Texas Land & Mortgage
COMP A N T L IM IT E D ,
(O F L O N D O N , E N G L A N D ),
Transact a general Financial and Agency Business in
the State of Texas and Europe.
New York Correspondents:
C. E. WELLESLEY,
B la k e B ros . & Co.,
i General Manager,
Wall Street.
____________ Da l l a s , T e x a s .
D. G. FONES, 5 STATE BAN K,. ) C. T. WALKER
President.
( Incorporated 1875. )
Cashier.
German Bank,
STOCKS and BONDS
At Auction.
The Undersigned hold R E G U LAR AUCTION
SALES o f all classes of
STO C K S
A ID
BO NDS
on
SON,
No. 7 PINE STREET. NEW YORK.
E S T A B L IS H E D
1855.
*
EUGENE R. COLE, Successor to
Sears
& " Cole,
(H A N O V E R
S Q U A R E .)
SAMUEL BUDD.
$250,000
Fine Custom Shirts our Specialty.
C. A. Bro ad w ate r , Pres’t. A. G. Cl a r k e ,Y.-Pres’t.
._________ E. Sh a r p e . Cashier. ._____________
T hos . M. T hornton .
W m . W. T hornton , Cash
O ver Tw enty Y e a r s’ experience war
W . F. TH ORN TO N &
SON,
(Established 1859,)
R A N K E R S A N D B R O K E R S,
SH E LB YV ILLE , ILLINOIS.
Collections made in Shelby and adjoining Counties
and Proceeds remitted on Day o f Payment.
REFERENCES—National Bank o f Commerce.New
York. Union National Bank, Cincinnati. Third
National Bank, St. Louis. Traders’ Bank, Chicago.
Indiana Banking Company. Indianapolis._____ »
ESTABLISHED 1871.
P.
F.
R E L E H E R
&
CO.,
805 OLIVE STREET, ST. LOUIS,
D e a le rs i n W e s t e r n S e c u ritie s.
Defaulted Bonds of Missouri Kansas and Illinois a
Specialty. Good Investment Securities, paying from
to 10 per cent, for sale.
References ini New York, by permission, Clark
Dodge & Co., 51 Wall St.j Hatch & Foote, 12 Wall St.
References in St. Louis, Banks generally.
TRUSTEES
Dan. A . Arnold, James Low,
John H.Rhoades
Thomas Slocomb, W. W. Phelps, J. B. Williams,
Charles E. Bill, i D, Willis James, Anson P. Stokes,
Wilson G. Hunt, John J. Astor,
(¡has. H. Russell,
Wm H. Macy,
John A. Stewart. Robt. B. Mintura
John J. Cisco,
S.M.Buckingham Geo. H. Warren,
Clinton Gilbert, H. E. Lawrence, George Bliss,
Daniel D. Lord, Isaac N. Phelps, John C. Brown,
George T. Adee, Erastus Corning, William Libbey,
Samuel Sloan,
)S. B. Chittenden,
JAMES S. CLARK. Second Vice-President.
HENRY L. THORNELL, Secretary.
LOUIS G. HAMPTON. Assistant-Secretary
The Brooklyn Trust Co.
Cor. of Montague & Clinton sts. Brooklyn, N, Y.
Metropolitan Trust Co.,
Mills Building, 35 W all St., N ew Y ork.
P A I D U P C A P I T A L , $ 1 , 0 0 0 , QOO.
Designated as a legal Depository by order o f Su
preme Court. Receive deposits of money on interest,
act as fiscal or transfer agent, or trustee for corpora
tions and accept and execute any legal trusts from
persons or corporations on as favorable terms as
other similar companies.
THOMAS HILLHOUSE, Présider- £
FREDERIC D. TAPPEN. Vice-President
WALTER J. BRITTIN. Secretary.
WEDNESDAYS AND SATURDAYS.
A D R IA N H . M U L L E R &
M. T.
UNITED STATES DEPOSITORY.
a
depository for moneys paid
receiC
v0er^fTstatesaUtl0nZed t0 aCt as ^ ardlan°r
~ INTEREST ALLOWED ON DEPOSITS,
which may be made at any time, and withdrawn after
five days notice, and will he entitled to interest for
the whole time they may remain with the companv
Executors, administrators, or trustees of estates ~
and females unaccustomed to the transaction of busi
ness, as well as religious.and benevolent institutions
will find this company a convenient depository for
money.
JOHN A. STEWART, President.
WILLIAM H. MACY, Vice-President.
^ u r tim i
Montana National Bank3
Capital,
STREET.
SURPLUS, $5,000,000
‘ This Company Is authorized by special charter to
act as receiver, trustee, guardian, executor or ad
ministrator.
Cash Capital................ .................................. $300.000
It can act as agent in the sale or management o '
................ 400,000 real estate, collect Interest or dividends, receive
Cash Assets..............................
Deposit with Insurance Department.............. 214,000 registry and transfer books, or make purchase and
gale of Government and other securities.
President:
Vice-President:
Religions and charitable institutions, and persons
Sir . A le x . t . Galt .
H on. j a s . Ferrier .
unaccustomed to the transaction of business, will
Managing Director: Edw ard R aw lings .
find this Company a safe and convenient depository
for money.
EDMUND W. CORLIES, Vice-Pres’t.
NEW YORK OFFICE:
TRUSTEES:
No. 1 * 8 R R O A D W A V .
John P. Rolfe,
Chas. R. Marvin, Henry K.Sheldon
D. J. TOMPKINS, Secretary.
E. F.Knowlton, JosiahO. Low, John T. Martin, :
Edm’d W. Corlies
New Y ork Directors .—Joseph W. Drexel, A. L H. E. Pierrepont, Alex. McCue,
. Fred. Cromwell,
Hopkins. H. Victor Newcomb, John Paton, Daniel Alex. M. White, A. A. Low,
Henry Sanger,
Mlch’l Chauncey, C. D. Wood.
Torrance, Edw. F. Winslow, Erastus Wiman.
WM. H. MALE, Secretary. ■
JAS. R. Cu r r a n . Assistant Secretary.
STATIONER AND PRINTER,
Supplies Banks, Bankers, Stock Brokers and Cor
L IT T L E R O C K , A R K A N SA S.
porations with complete outfits of Account Books
C a p ita l ( P a id In ) - - - $ 2 5 0 ,0 0 0
and Stationery.
New concerns organizing will have their or
Prompt attention given to all business in our line. ■ ders promptly executed.
N. Y. Correspondents .—Donnell, Lawson & Co
and the Metropolitan National Bank.___________ _
N o. I W IL L IA M S T R E E T ,
HELENA,
W ALL
c a p it a l a n d
OF NORTH AMERICA.
N . W . Harris & Go.,
INVESTMENT
C t fr a p u x iije s .
rants
the
assertion
that
our
Dress
Shirts are unequaled for style, appear
ance
and
workmanship.
We
gu ar
antee in all cases a perfect fit.
SAM UEL
RUDD,
Broadway & 24th Street, New York.
OFFICE
C
A
R
P
E
T
S
.
HOUSEKEEPERS AND OCCUPANTS OF OF
FICES take notice. Before buying your carpets.
Linoleum, Oilcloths, or Mattings, call at BENDALL’S
Misfit Carpet Store, 114 Fultonf St., basement floor*
Cheapest place In New York.
F F IC E O F T H E P E N N S Y L V A N IA
RAILROAD COMPANY, 233 SOUTH FOURTH
Stre et .
PHILADELPHIA, October 18,1883. .
Proposals will be received by the undersigned
until three o’clock P. M. of Friday, the thirtieth day
of November next, for the purchase of $2,500,000 of
the five per cent registered bonds of the Steubenville
& Indiana Railroad Company, the principal and in
terest payable at the agency of the Company, in the
City of New-York, being part of a loan of $3,000,000
of first mortgage bonds of the said Company, ma
turing January 1st, 1884, but extended for thirty
years from the date of their maturity, with interest
payable January 1st and July 1st of each year.
These bonds are secured by a first mortgage upon
the line of road from Steubenville to Newark, in
Ohio, 117 miles, including the Cadiz Branch of 8
miles, making a total of 125 miles. The Steuben
ville & Indiana Railroad forms part of the line of
the Pittsburg Cincinnati & St. Louis Railway
Company, extending from Pittsburg, Pennsylvania,
to Columbus, Ohio, 193 miles, and, including the
Cadiz Branch, 201 miles; which company has a full
paid capital stock of $8,437,200; consolidated mortgage
bonds, $6,863,000, and second mortgage bonds, $ ?,500.000, as a subsequent lien to the bonds herein re
ferred to. exclusive of the bonds of the Holliday’s
Cove Railroad Company, $120,000, and the Colum
bus and Newark Division bonds outstanding, $134,000, making together $254,000.
The net earnings of this line in 1882 were $1.403,560, of which the proportion due to the .Steubenville
& Indiana Road would be $872,860, while the inter
est upon its first mortgage bonds as extended, which
is a first lien upon these earnings (except the inter
est upon the $254,000 of bonds above referred tb),
would be only $160,< 00, thus showing that the secu
rity offered by these bonds is of the highest and most
substantial character.
The Pittsburg Cincinnati & St. Louis Railway,
with the various leased and controlled lines operated
in its interest, forms the southwestern system of
roads controlled by the Pennsylvania Railroad Com
pany, by which it reaches the cities of Chicago, Cin- .
cinnati, Indianapolis, Louisville and St. Louis.
A payment of ten per cent will be required upon
the acceptance of the proposals, the balance on or
before the thirty-first day of December next, and
the delivery of the bonds will be made as soon after
that date as practicable.
Should proposals be received In excess^ o f the
amount of bonds offered, the same will be distributed
prorata, but the right is reserved o f rejecting any
or all of the bids.
_ __ __
JOHN D. TAYLOR, Treasurer.
O
J U S T IS S U E D .
New Statistical Map of Mexico, 44x70 I n ......... $7 00
New Railroad Map of U. S., 72x84 in................ 15 00
New Railroad Atlas, 102 pages................
10 00
Have Maps of every variety and Map Cases.
Send for Illustrated Catalogue.
X . L . S M I T H , P u b lis h e r .
Six th & Chestnut Sts . PHILADELPHIA PA
THE CHRONICLE.
▼1
[V ol. X X X Vii.
^ixfz Deposit (tompmiizs.
jlpxrmX %nxyz8 tmmt$.
M ANHATTAN
Geo. H. Prentiss & Co.,
Safe Deposit & Storage Co
3 4 6 Sc 3 4 8 B r o a d w a y ,
Cor. of Leonard Street.
NEW YORK.
Receives for safe-keeping, UNDER GUARANTES,
Ronds, Deeds, Wills and other valuable papers; Silver
ware. Jewelry, Paintings, Silk Goods, Old Business
Accounts, &c.
S a fes to r e n t f r o m $ 1 0 to $ 2 0 0 p e r y e a r .
S afe D
V
e p o s it
N o . 11 W A L L S T ., N E W Y O R K ,
AND
2 0 8 M O N T A G U E S T ., B R O O K L Y N .
GAS
aults
GAS
op
The National Park Bank
Street
OP NEW YORK,
& 216 B R O A D W A Y .
214
ENTRANCE
STO CKS
AND
TH R O U G H TH E
S E C U R IT IE S ,
R a ilro ad
Stocks
BROOKLYN
fS O O T O
SEVEN
^ 2 0 ,0 0 0 .
PER
CENT
S em i-A n n u al In terest Net to Investor.
S E C U R I T Y A B S O L U T E '.
Pirst Mortgages on Improved Property in Kansas
City, and good farms in Kansas and Missouri, worth
from three to five times the amount of the loan. 1 or
particulars and references address,
I I . p . M O R G A N , G e n e ra l A g e n t ,
No. 3 Custom House St., P roviden ce R. I., Or
J A R V I S , C O N K L IN Sc C O ., B r o k e r s ,
KANSAS CITY, M O .____________
H. L. Grant,
N o.
145
B R O A D W A Y ,
NEW YORK
C I T Y B A IL B O A D STOCKS & BONDS
BOUGHT AND SOLD.
See quotations of City Railroads in this paper.
WM.
C.
N OYES,
No. 21 NASSAU STREET,
DEALER IN
CITY
R A IL W A Y
GAS
TRUST
STOCKS,
STOCKS,
C O .’ S
TELEGRAPH
STOCKS,
STOCKS,
R a n k S tocks, In su r a n c e Stocks.
Fred. H. Smith,
STO C K AND B O N D B R O K E R ,
20 B R OAD STREET, NEW Y O R K
R a ilro ad
Securities a
Sp ecialty.
Intimate knowledge of all for past fifteen year»
Information cheerfully given. Investors or dealers
Wishing to buy or sell are invited to communicate.
All stocks dealt in at New York Stock Exchange car
ried on margins.
Francis Smith & Co.,
In d ia n a p o lis,
In d ., V icksbu rg, Miss.
A n d 31 P o u ltr y , L o n d o n .
BROKERS
IN
M O R T G A G E
LOANS.
W rite for Circular .
N . T . Beers, Jr.,
B r o o k ly n Securities, City B o n d s ,
G a s S to c k s , «fcc.,
N o.
1
N E W
S T R E E T ,
NEW YORK.
F O R S A L E —F ir e I n s u r a n c e S to c k s .
Shs.
iShs.
■Oils.
4 10 New York.
10 Continental. l'J Home.
2* Frank.&Emp. 40 Lorillard.’ 1.27 Niagara.
42 Knickerb’ck’r 100 Phénix.
100 Germania.
2u Montauk.
I 30 Standard.
25 Guardian.
J.
I*. W I V T I t I N G H A M .
GAS, INSURANCE, BANK STOCKS,«fee.
SECURITIES BOUGHT AT THE AUCTION SALES.
3 6 P IN E S T R E E T , N. Y .
B O N D S .
S E C U R IT IE S
DEALT
Investors Attention.
Bonds
AND ALL KINDS OF
BANK.
jlpxrmt %\wzsimmis.
and
South Park Bonds.
TO WHOM IT MAY CONCERN:
Take notice that the following numbers of South
Park Bonds have been selected and retired by the
South Park Commissioners In conformity with law,
for the annual SINKING FUND, viz., numbers 31, 55,
62, 66,103, 115,117, 125,130,142,197,199, 203, 204, 205,
214, 219, 224, 235, 238, 245, 263, 274, 569, 5 6, 597, 599.
600, 626, 642,643, 652, 661, 674, 699, 704, 765, 768, 776,
807, 854, 882, 900, 911, 915, 917, 939,973, 1,000, 1,038,
1,063, 1,122, 1,129, 3,137, 1,148, 1,156,1,180. Interest
will cease on aforesaid Bonds on and after the first
day of January, 1884.
Principal of retired Bonds payable on and after
said date at the office of the South Park Commis
sioners, Nos. 94 and 96 Fifth Avenue, Chicago, 111.
H. W. HARMON,
____________Secretary South Park Commissioners.
IN .
SEE GAS QUOTATIONS IN THIS PAPER.
Geo. H. P rentiss ,
Member N. Y. Stock Exchange.
THE
F
arm
M
W. W. W alsh .
-
FOR SALE B Y
R USH
W ESTERN
or tga ge
N ew York Lackawanna & Western 6s, 1 9 2 1 .
guaranteed bj' Dela. Lack. & West. RE.
Ohio & West Virginia 1st 7s, 1910.
Northern Pacific Terminal Go. 6s, 1933.
St. Paul & Northern Pacific 6s, 1923.
New Y ork Chicago & 8t. Louis Equipm ent 7s.
C
o .,
L A W R E N C E , KANSAS,
Offers to investors the best securities in the market
PIRST MORTGAGE LOANS UPON IMPROVED
FARMS. Interest and principal paid on day of ma
turity in New York. Funds promptly placed. Large
experience. No losses. Send for circular, references
and sample forms. P. M. PERKINS, President; J. T.
WARNE, Vice-Prest.; L. 13. PERKINS, Secretary.
CHAS. W. GILLETT, Treas. N. P. HART Auditor
%utzxcstr QxmâmCis? See.
P E N N S Y L V A N I A K A I L H O A D CO.
•
TREASURER’S DEPARTMENT,
P h ila d e l ph ia , November 1 ,1S83.
The Board of Directors has this day declared a
Semi-annual Dividend of FOUR AND A HALF
PER CENT on the Capital Stock of the Company
clear of all taxes, payable on and after November
30,1883, to stockholders as registered on the books
of the Company at 3 P. M. ion the 31st of October,
1883.
in order that shareholders may have the option of
converting Two Per Cent of this dividend into the
capital stock of thi Company at par, certificates will
be issued at the time the dividend is collected, re
presenting such amount, which will he exchanged
for the capital stock at par, prior to February 1,1884,
when presented in sums of $50.
On November 30,1883, dividends will be paid to
women only.
JOHN D. TAYLOR, Treasurer.
p B A N D R A P I D S Sc I N D I A N A R A I L VX KOAD COMPANY.
Trustees’ Oflices, 2 Nassau Street, New York; 415
Chestnut Street, Philadelphia.
TO BONDHOLDERS OF THE GRAND RAPIDS &
INDIANA RAILRUAD COMPANY.
Purchases for the “ Sinking Fund ” of Bonds of the
Above-named Company, secured by mortgage of Oc
tober 1, 1869, and having certificate of additional
security of Land Grant attached, as made by the
undersigned, in pursuance of notices heretofore given,
at 110 and interest, will cease on De«jember 31,3883,
after which datecar and interest is the highest limit
which the Trustees are authorized to offer.
The undersigned reserve the right to reduce the
present limit at any time before the above-named
date, should it be considered expedient.
GEORGE W. CASS,
THE PHILADELPHIA TRUST, SAFE DEPOSIT
AND INSURANCE CO.,
J. L. ERRINGER, President,
Trustees.
H E X A S Sc S T . L O U IS R A I L W A Y COS.
L—.NOTICE is hereby given that the time within
hich bondholders and stockholders of the Texas &
Louis Railway Company in Missouri and Arkanis, and of the Texas & St. Louis Railway Company
i Texas may become parties to the readjustment
ireement, dated Nov. 1,1883, will expire on the first
ly of December, 1883.
, ,
,, JR
.
On or before such date all such bondholders and
;ockholders must deposit their bonds i>r stock with
le undersigned, at either the National Bank of Comlerce, in the City of New York, or the Third National
ank of St. Louis, where copies of said agreement
lay be obtained. Certificates for deposit will be
sued by the undersigned
Dated, November 14,1883.
m
W. W. SH s.RMAN, ) Readjustment
A. WOLFF.
{
rustees.
T T O M E S T A K E M IN IN G C O M P A N Y ",
"^*"Mills Building , No . 15 Bboad Stbeet , New
Y ork , Nov. 13,1883.
DIVIDEND NO. 63.
The regular Monthly Dividend—Twenty (20) Cents
per share—has been declared for October, payable at.
office of the transfer agents, Lounsbery & Haggln,
Mills Building, 15 Broad Street, on the 21th inst.
Transfer books close on the 20th inst.
LOUNSBERY & HAGGIN, Transfer Agents.
«F F IC E O F T H E J O C U IS T IT A M IN
TING CO., Mills Building , No. 15 Broad St., New
irk,. Nov. 14,1883. .
DIVIDEND NO. 10.
Che Jocuistita Mining Company has this day de.reda quarterly dividend of.Fifty
Dolis, being FIFTY CENTS (50c.) PER SHARE,
yable at the office of Lounsbery & Hoggin, Mills
lilding, No. 15 Broad Street, on the 30th mst.
L'ransier books close on the 24th inst.
R. P. LOUNSBERY, President.
52
&
I I L at I, B U T ,
W IL L IA M
STREET.
Albert E. Hachfield,
8 A 10
P IN E
STREET.
B o n d s a n d In vestm en t Securities
W A N T E D :
Grand Rapids & Indiana Bonds.
Indianapolis & St. Louis Bonds.
Joliet & Northern Indiana Bonds.
Rome Watertown & Ogdensburg 1st and 2ds.
Terre Haute & Indianapolis Stock.
Elizabeth City Bonds
Car Trust Bonds.
WE MAKE A SPECIALTY OF THESE VERY
SAFE SECURITIES, AND BUY AND SELL SAME
AT MARKET PRICE.
WE OFFER A LIMITED AMOUNT OF DESIR
ABLE CAR TRUST ISSUES, ADDITIONALLY
SECURED BY THE DIRECT OBLIGATION OF
The R A I L R O A D E Q U IP M E N T C O M P A N Y
PO ST,
M A R T IN
&
CO.,
N o. 34 PINE STREET.
Alexander Campbell&Co
BANKERS & BROKERS,
33 N ASSAU S T R E E T , N E W Y O R K ,
will make collections of and give full information in
regard to
P en nsylvan ia B ailro ad Co. D ividend.
Central Trust Company
OF N E W YORK. .
1 5 N a ssa u S t., C o r. o f P in e S t.
CAPITAL, $1,00<MHM> in U. S. Bonds.
W i t h $ 1 ,0 0 0 ,0 0 0 S U R P L U S .
Allows interest on deposits, returnable on demand,
or on specified dates.
Is a legal depository for money paid Into Court. Is
authorized to act as Executor, Administrator, Goar«
dlan. Or in any other position of trust.
Also as Registrar or 'l’ransfer Agent of Stocks and
Bonds, and asTrusteefor Railroad Mortgages.
HENRY F. SPAULDING, President.
FREDERICK P. OLCOTT, t
B. B. SHERMAN,
£ Vice-President«.
C. H. P. BA BCOCK. Secretary.
GEORGE SHERMAN, Assistant Secretary.
BOARD OF TRUSTEES.
Class o r 1884. Class op 1885 Class op 1888.
A. A. Low,
S. D. Babcock, David Dows,
Fred’k H. Cossitt, I. N. Phelps, George W. Lane,
Jac’b D. Vermilye Jno. Thorne, Betvj. K. Sherman.
Wm.Allen Butler Amos R. Eno, J. Piernont Morguff
Percy R. Pyne, Gust’v Schwab Chas. Lanier,
W in. H. Appleton J. P. Wallace, George l. Seney,
Ertm. W. Corlies, JosiahM.Fiske Chas. G. Landon
Geo. MacC.Miiler, H.F.Spaulding Wm. H. Webb,
Cornelius N. Bliss J. S. Kennedy, Fred. P. Oloott.
Spencer Trask.
. Geo. F . Peabody.
Spencer Trask & Co.*
Bankers,
70 Broadway, New York City.
Transact a General Banking Business
B ranch O ffices .
Connected by private wires.
P h il a d e l p h ia , 132 S. Third St., C. F . Fox
A l b a n y , N. Y., 65 State St., W . A . Grave*
P r o v id e n c e , R. I., 13 Westminster St.
S a r a t o g a , N . Y , Grand, Uni»n Hotel.
HUNT’S M E R C H A N T S ’ MAGAZINE,
3 9 «e fc t9 § k w 0 pa p e
§
R E P B E S E N T IN G
THE
IN D U S T R IA L A N D
YOL. 37.
C O M M E R C IA L IN T E R E S T S
U N IT E D
the
THE B A N KERS’ GAZETTE.
Quotations o f Stocks and Bonds 531
M oney Market, Foreign E x
R ailroad Earnings and Bank
change, U.S. Securities, State
Returns ...................................532
and R ailroad Bonds and
Investm ents, and State, City .
Stocks...................... ..................529
and Corporation F inan ces.. 533
Range in P rices at the N. Y.
Stock E x c h a n g e ..................... 530
THE COM MERCIAL TIMES.
Commercial E pitom e............... 536 1 Breadstufls................ - ................541
C otton......... .... ...................... . 536 1 Dry G oods............... ................... 543
3The ©hvoixiclc.
C o m m ercial a n d
life
For One Y ear (including postage ................................. ........$10 20.
For Six Months
do
.............. .................-6 10.
Annual subscription in London (including postage).......... &2 7s.
S ix m os.'
do
do '
do
.......
1 8s.
Subscriptions will be continued iffttil ordered stopped by a written
order, or at the publication office. The Publishers cannot be responsible
for Remittances unless made by Drafts or Post-Office M oney Orders..
L iv e r p o o l OfHee.
The office o f the Chronicle in Liverpool is at No. 5 B row n’s Build
lngs. where subscriptions and advertisements w ill be taken at the
regular rates, and single copies o f the paper supplied at Is. each.
)
WILLIAM. B. DANA at GO.. Pubiisners,
WILLIAM B. DANA. (
79 & 81 William Street, N E W YORK.
JOHN a. FLOYI).
(
POST OFFICE BOX 958.
A neat file cover is furnished at 50 cents: postage on the sam e'is 18
cents. Volumes bound for subscribers at $1 00.
F IN A N C IA L
and
with the m arket prices o f bonds u n
therefore
encourage
business and in the absence
more engrossing importance, unusual atten
present lim it for the issue o f bills to 90 per cent of th e
market value of the bonds.
measures
as these
calls
decided
for
action, and they would so easily and
the
hardly be perfected at a session preceding a P r e s i-'
election,
and
especially at one when the H o u se
and the Adm inistration are not in accord.
Our purpose in thus referring to the legislation o f thiswinter was sim ply to show how evident it is that w ith r e
gard to all m atters-of taxation and bank currency, there is
nothing in the probable ukim ate action o f Congress which,
need cause any
business.
On
anxiety or
any fear
the contrary, so
far
of disturbance t<>‘
as results
will
be
reached, they must, as stated, be w holly in the direction o f
the repeal of a considerable portion of our internal taxes,
and in a modification of the laws affecting bank currency,
and therefore a decided relief rather than a hindrance to
The point about which there is the most-
uncertainty is the silver question, although it is ham pering
more
seriously the country’s activities
at "W ashing'on for
more and more.
The truth
currency difficulty while g iv in g
the m aturing o f a new currency system which,
while commercial circles
Congress.
The enactm ent o f som e suck
is not improbable, as the em ergency
tion has been given this week to the preparations m aking
he .meeting of
its retention if not its increase.
The same end m igh t be further secured by enlarging th&
our industries.
S IT U A T IO N .
Furtherm ore,
taking out currency so m uch m ore favorable to the banks^
could
TERMS OF SU BSCRIPTIO N-PAYABLE IN ADVANCE!
as security.
changed, will m ake the m argin between profit and loss on
effectually tide-over
New York every Saturday morning.
In ttie general quietness of
of the bonds held
currency, which,
[E ntered at the Post Office, N ew Y ork, N. Y ., as second-class mail matter. | .dential
THE
NO. 960.
among the taxes likely to be taken off is that on b an k .
C h r o n ic le is 'published in time for
F in a n c ia l
STATES-
materially decreasing the revenue, and thereby pro lon g in g
THE CHRONICLE.
M onetary and Commercial
The Financial Situation............521
English N ew s........................ 526
T he Change in T im e .................... 523
Commercial
and Miscellaneous
Australia—Confederation and
N ew s......................................... 528
A n n exation ........................
525
o f m atters of
THE
SATURDAY, NOVEMBER 17, 1883.
i C ONTENTS.
T he
OF
are fearing
than
any other,
its issue every da y
Those few votes in the Electoral College-
is, those [repartitions have a special significance this year seem to paralyze both parties, although if the w hole
since the iesu c < f the content for Speaker— the prehmin- country could vote to-day on the question o f suspending
aries of v h c h ¡r e now in progress—-in volves to a con- the coinage, the m ajority in its favor would be oven-1
siderable ext nt the character of the legislation which will
be proposed with regard to the tariff.
Still, that thought,
whelm ing.
Respecting business prospects there is very little ch an ge
it would seem, ought not to have much weight, for although
to note during the week.
such measures are likely to be introduced and discussed,
remarks
it appears
ineeting of Congress there is a better feeling prevailing
tions in
hardly possible
fail tp concur in
House.
such
redub-
spite o f
the early
effected at this ses-
in mercantile circles and in some departm ents an increas^-
the President would most likely
ing consumption o f goods— although there is great com -
protective duties
sion, as the S m a te and
that very considerable
W e see no reason to alter o u r
of two weeks since, that in
should be
reductions even
if
passed by the petition am o n g sellers and therefore very sm all profits.
Failures continue numerous, frequently involving li r g e
A n unfavorable feature o f this tem porary deadlock in amounts, but they by no means show a condition h f
tariff legislation is, of course, the surplus revenue, which ’ general business u n sou n d ness; they are either dué: ,
special causes long ante-dating the present depression
would in that case remain, m aking necessary more bond
are sim ply the injudicious traders who are always drop
calls, and therefore (the currency law s being unchanged)
ping out during every slack period.
In som e circle*
a rapid contraction o f bank currency.
It is not, however,
much is being made of the newspaper reports o f
clear, in the event mentioned, that there will be any large
stoppage of
cotton mills and
other factories o f
surplus, since the greater portion, if not ail, o f the internal
different k nds.
W e find nothing peculiar in those staterevenue taxes are pretty sure to be repealed, thus
522
THE CHRONICLE.
ments.
yet
It
was just
our cotton
m ore in
the same
mills
the twelve
or worse last year, and.
consumed
9 5 ,0 0 0 bales o f cotton
m onths ending with
1883, than in the previous twelve
Septem ber 1,
months, and
T o all
often stated
o f which
by
should
year, J u ly 1, 55 millions
2 0 6,00 0
be added
us, that we started
and
increased firmness and higher rates.
road
material we
exception o f rail
are probably producing
in
more to day
the history o f the country,
and the whole o f it is g oin g
into
consumption.
illustration o f this activity in production and
is found in the railroad
A good
distribution
earnings we published
last week
r ^ which showed a gain o f 11 per cent in October
this year,
and that was on top o f a gain o f 16 per cent for the
m onth last
year.
If
croak over such
think
any
figures
considerable
crowd
same
wish to
as these, the disease must we
be chronic, and they should certainly be permitted
to exercise the privilege unmolested.
cotton
m ovem ent
tem porary and
bills for
U n ited
also.
foreign
caused
remittance
exchange
should
show
This we think is but
chiefly by an inquiry for bankers’
for incom ing securities,
States bonds,
not only
I t should be rem em bered
those called
especially
but others
that the 4s selling in our
m arket at 122 paid off at par when due in 1907, net the
holder only about 2|- per cent interest, whereas E n glish
consols are selling at 10 1^ and hence are the better invest,
ment.
These prices therefore, as well as the calls issued,
are constantly bringing our governm ents this way, and the
large coinage o f
continued
Our foreign trade also appears to be gradually im proving-
rency,
we
silver
shall
undoubtedly
dollars with the
drop
to a silver
serves
certainty that if
basis
for our cur
to increase that
tendency.
The Bureau o f Statistics yesterday issued the preliminary
The
statement o f the
very small now, but such facts as these are strong induce
breadstuffs exports during October, ac
cording to which the shipments for the m onth reached an
aggregate
value
o f $ 1 4 ,6 5 1 ,5 3 0 , against
October, 1882, a falling off o f less
a million dollars.
8£
24£
confirms our rem ark
with
than three-quarters of
millions
to
16
millions.
holdings o f U n ited
States securities in Europe are
ments to part with even this remnant.
$ 1 5 ,3 6 2 ,6 8 2 in
In Septem ber the falling off was about
millions— from
parison
An oth er
fact still influencing the
any but first class commercial bills.
This
exchange
m arket
adversely is that bankers continue to discriminate against
This is not done to
the same extent b y all bankers now, as some regard the
o f two weeks ago, that the com
risk lessened since the fortnightly settlement at the L iv -
1882 would henceforth be m ore favorable;
erpool Cotton E xch an ge disclosed no further trouble from
since at this time last year the breadstuffs exports were no
the
longer so heavy as in the months im m ediately preceding,
concerned, it is reported
when wheat ,was being sent out in
going forward over the Baltim ore & Ohio road for ship
U pon
very large amounts.
this latter fact, indeed— nam ely, that a year ago
the bulk
o f our wheat had gone
remains to go
- bearing upon
N ovem b er
out— too m uch
out, while now it still
stress cannot be laid in its
the future o f our foreign commerce.
10,
1883,
On
our visible supply o f wheat was
Ranger failure.
So
far as the grain m ovem ent is
that large
amounts are now
ment abroad, and that the bills will speedily be on our
market and have an effect on exchange rates."
This route
seems to be selected because better prices can be obtained
for the grain through Baltim ore than through N ew Y o r k ,
on account o f less
terminal charges
there,
and also b y
nearly 31 million
bushels— at the corresponding date in
reason o f the differential rates allowed that road under
1882 it was only
19
the arrangement o f the trunk-line railroads.
m illion
bushels, a difference o f 12
million bushels in the visible supply alone.
W h e n prices
The
bears have obtained but very little com fort from
.get down low enough
to induce free buying b y foreign
the course
ers, the effect o f such
an increase in our supplies cannot
been
r but be felt in an enlarged trade m ovem ent.
already being felt.
m ade
up), were
bushels
than
the
for
In fact, it is
The exports o f wheat from the seven
A tla n tic ports for
the week ended N ovem b er
1 ,2 2 3 ,4 0 5
week
m any
This
total
past— certainly
is
larger
there has been
values which
(just
bushels, against only 64 7,61 1
before.
weeks
10
decline
sent
9 0 3 ,2 7 1 bushels.
B u t it m ay be claimed that
m ovem ent is o f
vastly
greater
out
from
resistance to the attacks on
time
to time been m a d e ; the
ease with which re-actions were brought about shows that
the m arket is thoroughly under the control o f owners of
than
these properties, and, com pared with a month ago, that
the
we
a stubborn
have
larger
reversed.
1882, when
There has
buoyancy, and no one expected it, but
in none o f the stocks has been serious, and the
corresponding week
of
o f the stock m arket this week.
no special
for any week in O ctober-—and is also larger than for the
only
the cotton
importance, since to
it
m ainly is it that the favorable
balance fo r the
closing
monthg o f 1882 m ust be ascribed.
That is true.
The e x
position
built
of
the contestants
has
been
completely
The main adverse rumors this week have been
upon
the
assumed
action
of
Congress
on
tax
questions, which we have already discussed, and upon the
reported trouble in the Iow a pool.
and
a
m om entary absence
of
Decreased earning#
support also gave an
ports o f cotton last year were nothing less th in extraor
opportunity
dinary, and
statements regarding the Canadian Pacific guarantee served
consequently we have
j somewhat this year.
been
falling
behind
B u t the falling off has been much
less than expected, and at the m om ent we
are running
w ay ahead o f 1882, as witness the figures published on'another page fo r the week ended yesterday, show ing that the
< m ovem ent o f the staple is very large and keeps increasing.
H o w greatly it has increased will appear
that in
September
the
exports
were
October they had risen to 4 7 8 ,0 5 4
sixteen days of the m onth
when we say
1 2 4 ,0 0 3
bales, in
bales, and for
o f N ov em b er
®’g g reg8't6 as much as 3 8 5 ,0 0 0 bales.
thus
the
far they
Rem em bering now
that our imports continue on a restricted basis, and that
the trade balance in our favor
in
so
better off than in 1882.
m ore bales than in the year ending with Septem ber 1, 1881.
the one
the fact,
the current fiscal
I t m ay surprise som e that-in face o f a freer breadstuffs
The actual truth is, that with
than we have ever before
-
year.
IVot. XXXVII.
October,
last year was 10 millions
2 5 f millions in N ovem ber, and 3 3 £ millions
to
break
down
M anitoba,
contradictory
for a time to keep that stock unsettled, while suits against
the Northern Pacific
Y jllard s.
But in
tended
face
the very large earnings
freight rates and
tem porarily
o f the
better
to weaken the
feeling prevailing,
constantly reported, the rise in
the near close o f canal navigation, it
was impossible for
those
seeking
to
secure more than a very •tem porary
depress
prices to
advantage.
In the
meantime a hopeful sign is the large m ovem ent in railroad
mortgages, indicating
o f the stability and
purchased.
Cf_ the favorable
appeared
the presence o f investors confident
im proving
value
statements o f
this week, the one
of
the
properties
earnings which
that has
have
perhaps attracted
in December, the reader will be able to form some idea
the most attention is that o f the Erie fo r the m onth o f
as to what kind
o f statements m ay be expected this ' A u g u st, which is very satisfactory and w hich has be en
taken as reflecting the business during th at m onth on the
other trunk lines not reporting.
The statement shows a
gain of $ 7 3 7 ,8 1 2 in gross and $ 3 5 1 ,9 8 9 in net. A s far as the
gain in gross is concerned, the increase is in part due to
therefore to the above we have the follow ing, which should
indicate the total _gain to the N . Y . C learing H ou se banks
o f gold and currency for the week covered b y the bank
statement to be issued to-day.
the inclusion o f the N ew Y o r k Pennsylvania & Ohio earn
ings to the extent o f
523
THE CHRONICLE.
N o v e m b e r 17, 1883. j
68 per cent o f
Into Banks. Out of Banks Net Change in
Bank Holdings.
Week Ending Nov. 16,1883.
their total amount,
Banks’ Interior Movement, as above
Sub-Treasury operations, n e t ........
$1,776,000
1,600,000
$1,868,000
Gain. $403,000
Gain. 1,600,000
since the expenses o f the Pennsylvania & Ohio are added
Total gold and legal tenders......
$3,376,000
$1,368,000
Gain.$2,008,000
to
The B an k o f England return for the week shows a gain
but the gain in net cannot have been swelled in this way,
those
is
of
the
particularly
unfavorable
loss
of
Erie
in
full.
gratifying,
one — that
$ 1 1 0 ,4 9 7
in
as
for
m onths to
notice in
into
the end
for
th at it is possible
to get
able one.
after
an
showed
m onth
a
and
of
for the 11
statement just
favorable
m ore
exhibit
of
£ 2 ,9 0 0
bullion.
withdrawal
on
Inasm uch
balance
would
In
have
N ovem b er 30.
appeared
one
m onth
greater dispatch in
getting
We
the
shows a decrease o f 2 ,3 7 5 ,0 0 0 francs gold and o f 2 ,5 2 5 ,0 0 0
francs
silver, and the Bank- o f G erm any since the last
return has gained 2 ,3 6 0 ,0 0 0 m arks.
amount o f bullion
in the principal European
say
the July
only explain
the
o f spirit consequent
Gold.
Silver.
There has been, this week, no evidence
&
&
&
&
Bank o f E n g la n d ........ 22,083,449
20,307,957
Bank o f F rance................ 38,316,521 40,430,542 38,945,369 44,354,087
Bank o f G erm a n y........... 6,870,787 20,612,363 6,567,750 19,703,250
Total this w eek ................ 67,270,757 61,042,905 65,824,076 64,057,337
Total previous w eek ....... 67,333,357 61.055,405 65,713,178 63,929,949
The
A ssa y
Office paid
through
of any special
stocks in London
Y o r k at the opening each day.
NOV. 13.
and N ew
Hxch’ge,
cables.
121*98
114*82
29*37
95*61
132*29
117*97
25*97*
20*63
100*25
Nov. 14.
122%
114%
29%
95%
132%
117%
51%
21
100%
Nov. 15.
Nov. 16.
121*98
113*721
29*73
95*64
132*29
118*22
26*09+
20*63
100*37
122%
114%
29%
95%
132%
117%
52
21%
100%
121*98
113*80*
29*37
95*64
132*05
117*24
25*97+
20*63
99*52
122%
114%
29%
96
1B2
117
E2
20%
99%
122*42
113*72*
29*61
95*74
133*89
117*73
26*00+
20*65
99*63
TJ. 8.
Notes.
Nov. 9 .. .
“ 1 0 ...
“ 1 2 ...
« 1 3 ...
“ 1 4 ...
“ 1 5 ...
$361,335
338,891
415,653
439,196
210,627
172,918
93
02
99
79
02
77
$11,000
15,000
12,000
12,000
10,000
4,000
Gold
Certi/.
Silver Cer
tificates.
$19,000 $242,000
19,000 231,000
17,000 284,000
25,000 . 253,000
17,000 134,000
25,000
91,000
$88,000
74,000
102,000
149,000
50,000
53,000
systems of time standards constitute a very im portant and,
4*85+6
there is a better
4*85%
4*86
demand
and a good
inquiry from our
Our
figures
there is no urgency in the call upon this centre, although
from
interior
cities
indicate
an
active
dem and for discounts, and also for m oney on call at full
rates, and
there is
quite a draft upon W estern centres
from the interior fo r funds for the m ovem ent o f
grain.
follow ing statement, m ade up from returns collected
. b y us, exhibits
the w eek’s receipts and shipments o f cur
rency and gold b y the N ew Y o r k banks.
11,766,000
10,000
*#1,368,000
G o ld .................................................
Gain. $398,000
Gain.
10,000
Total gold and legal tenders......
#1,776,000
$1,368,000
Gain. $403,000
* $335,000 o f this w as transferred in the shape o f silver certificates by
a deposit o f gold Id the Sub-Treasury.
above
shows
holdings of gold and
the
actual
changes
currency caused b y
to and from the interior.
In addition to
the banks have gained
$ 1 ,6 0 0 ,0 0 0
to
be
there have
in
the bank
this m ovem ent
that m ovem ent
through
the oper
some
one,
understood.
fifty-four
different
b y one or more railroads.
N o w there will be but four, and the difference between
them will be constant and (what is not the least point in
their favor) easily rem em bered.
That the old system — or, rather, lack o f system — was
needlessly com plex ; that it tended to produce great con
fusion, and that it operated to increase the liability to ac
cidents, has long been apparent.
Each road consulted its
own convenience, irrespective o f the effect o f such action
upon other roads, and the result has been that quite fre
quently several different kinds o f tim e have been in use
A n d the differences have
been exceedingly variable ; so that to the traveler g oin g
any distance a
watch
became
nearly useless.
W ere
it
m erely necessary for him to adjust it to the tim e o f the
place where
he
stopped,
that would
be
troublesome
enough, for the difference m ight be 4 £ minutes,
or 7£
minutes, or 2 2 f minutes, or anything else for that matter,
and there would be no w ay o f learning its exact propor
tion without m ore or less computation or comparison.
that was
not the
change, one
m ight
only
dule railroad time at all.
Cleveland,
one
difficulty.
A fte r
m aking
But
th e
find that the new time was not sche
ations o f the Sub-Treasury (including in this the Treasury
A d d in g that item
innovation, and
im perfectly
been
standards o f time, each used
payments on account of gold imports).
but
at one and the same point.
Net Interior
Movement.
Received by Shipped by
N.Y. Banks. N.Y. Banks.
Week Ending Nov. 16,1883.
that appears
H eretofore
o f the m ovem ent o f currency to interior points show that
advices
in m any respects, a very desirable
too,
city banks for first class com m ercial paper.
The
Duties.
122%
114%
29%
Total. $1,938,623 52
$64,000 $122,000 1,235,000
$516,000
96
133%
T H E C H A N G E I N T IM E .
117%
52
The changes which the railroads o f the U n ited States
20%
99% and Canada will m ake to-m orrow (N ovem b er 18) in their
M oney on call still rules at abnorm ally low rates, but
Th e
Consisting of—
Date.
Gold.
4*85%
4*85%
♦Expressed in theirN ew Y ork equi.valent.
t R eading on basis o f $50, par value,
i Ex interest,
m ail
Sub-Treasury
the follow ing from the Custom H ouse.
.
Lond’n N.Y. Lond’n N.Y. Lond’n N.Y: Lond’n N.Y. Lond’n N.Y.
prices.* prices. prices.* prices. prices.* prices. prices.* prices. prices.* prices.
122%
114%
29%
95%
132%
118%
52%
21%
100%
the
$ 1 3 5 ,6 7 1 for domestic and $ 2 ,1 3 8 ,7 0 1 for foreign bullion
European dem and for stocks. The follow ing shows relative
prices o f leading bonds and
121-98
114-89
29*49
95*15
132*54
117*97
26 09+
20*63
100*01
Silver.
Gold.
during the week, and the Assistant Treasurer received
clerks and ofBcials.
U.8.4s,c.
U.S.4%s.
Erie......
2d con.
Hl.Cent.
N. Y. C..
Reading
Ont.W’n
St. Paub
Nov. 16, 1882.
Nov. 15, 1883.
that for
upon im proved results, conduces to greater activity among
Nov. 12.
The follow ing in di
banks this week and at the corresponding date last year.
A u g u st statement ready>
by supposing that an exuberance
that
ready for
later,
days after
can
follows
The B ank o f France
cates the
due course o f time
put out.
cable reports a
it
quickly than an unfavor,
10th, or but eleven
been
as the
£ 2 6 ,0 0 0 ,
issued, is
In reality, it was furnished the press last
Saturday, the
exh ibit had
30 .
of
£ 2 8 .9 0 0 came in from the interior.
The statement for J u ly was given to the public
Tuesday, October
A u g u st
the
exhibit
A n interesting point to
the
a
com es
which
o f $ 2 4 3 ,8 5 2
of A u g u st.
publication so v ery much
present
to Ju ly 31, which latter has
a gain
connection with
it
July,
net
$ 1 0 8 ,1 3 7 for the ten m onths
now been- changed
The
F or instance, if, after reaching
determined
to
set out for some poin
tVOL. XXXVII.
-on the
Cleve. Col. Cin.
&
Indianapolis road, Cleveland
tim e would prove a very m isleading guide, for the Cleve
all the Eastern States, the whole
o f N ew Y o r k , practi
cally the whole of Pennsylvania (only the territory west o f
la n d road is run upon Columbus time and not upon Cleve
Pittsburg being barred out), and
land
time, and the difference between the two kinds of
ginia, V irgin ia, N orth Carolina and South Carolina.
tim e
is just about
the remaining Southern States, as well as all the W e ste rn
5 minutes.
Som e o f
these difficul
t ie s are inherent in the case, and could not be avoided
under any system o f tim e standard.
A small road, fo rm
ing a link in a long through route, m ust conform to the
t im e in use upon the latter, rather than
lia v e its own time.
That
be
permitted to
is irremediable in
B ut it is at least possible to
any event.
the whole of W e s t V i r
States, will come within the 90th
A ll
meridian belt, which is
made to extend as far west as Bism arck in Dakota, a line
drawn through which point ju st about gives us the ex*
treme western limits
o f that belt
as arranged by
the
railroads.
m ake the difference fixed
That the new system will be generally adopted b y the
-»and uniform, and of such constant proportions that even
railroads there seems little reason to doubt.
th e most simple-minded shall have no difficulty in under
affair was so carefully m anaged by W . F . A llen , the editor
sta n d in g
of
it.
That is precisely
what
the
new
system
accomplishes.
the
The whole
Travelers’ Official Guide, who had charge o f it
and deserves great credit for the work done, that at the
There will be four time meridians for the whole U n ited
Tim e Convention held in October it was announced that
^States— nam ely those corresponding to 75, 90, 105, and
railroads representing a m ileage o f 79,041 miles had con
120 degrees, respectively, west o f the m eridian o f Green
sented to the system, while only 1,714 miles had voted
wich— and these four meridians will fix the tim e for the
against it, the managers of almost the whole o f which
entire
country.
latter subsequently announced their intention o f conform
apart,
they
A s the meridians are just
m ark
in
each
case
15 degrees
an hour’s
difference.
ing to the standard.
The
m ovem ent,
however,
js no
.Hence, the standards will differ from each other b y even
longer confined to the railroads, and a very strong effort
hours— that of the extreme W e s t or Pacific Coast being
is being made to secure the adoption o f the new system
three hours slower than that o f the extrem e East or A t
by the general public all over the country.
lantic Coast— and no one need, therefore, be at a loss to
has the encouragement and support o f men of science, o f
find out what the difference between any two sections of
most business people, of m any G overnm ent officials both
'the country is.
He
need
only acquaint
him self
as
The
effort
to
State and national, and o f thinking men generally, and
whether a place is within the confines of this or that m e
in the interest o f progress it is to be hoped that it will be
ridian, and m ake allowance accordingly in full hours— all
wholly successful.
fractional difference disappearing under the new system.
There seems to be some misapprehension as to the exact
One of the objections urged against the new arrange
ment is rather amusing.
We
are told
that it would
We
produce general disorder to have noontime on the clock
have seen it stated in some quarters that 75th meridian
at any period of the day except at the particular m om ent
lim its set for each of the four standards
selected.
•or “ Eastern T im e” extended 15 degrees west to the 90th
when the sun is on the meridian.
meridian line, and again, that it extended 15 degrees east to
only necessary
th e 60th meridian line, which line is practically outside the
reach the m eridian— not half a dozen times all told in a
U n ited
year— at precisely noon
States
and
m arks what is designated
as Inter-
to
say that the
even
To such argument it is
sun
scarcely ever
in the existing
does
system.
N eith er statement is correct.
The lim its
This system is as purely arbitrary as the new one will be.
o f any meridian line are intended to extend
no further
The civil or ordinary day is sim ply an average of all the
In other words,
solar days for the year, and consequently the latter and
•colonial time.
than half-way to the next on either side.
they are meant to extend 7|- degrees east and 7% degrees
the
west.
erroneously suppose.
B ut it should be said that in some
cases
the so-called
lim it between the time belts will not be strictly followed,
since it conduces to greater convenience
line
north
and
not to have an
undeviating
dividing
south.
W h ere a
road lies in
one time section, but laps over a little into
farm er
do
not
correspond,
At
as
m any
persons
certain periods of the year the
solar day is 15 or 16 minutes ahead of the ordinary day—
that is, the sun reaches the m eridian that length of time
before our clocks are
supposed to show it— and at other
periods the solar day is that m uch
day.
behind
the ordinary
Besides, the extrem e difference that the new system
another, it is hardly practicable to use a different stand
calls for, as compared with the old, is half an hour— that
ard of time on the projecting piece, and
is, the place furthest rem oved from the meridian serving
therefore
is allowed
to encroach
one tim e belt
somewhat upon
adjoining one, with the result of m ak ing the
the
difference
as time standard for it, could
from correct tim e, as now
vary_ no m ore than that
used,
since every degree of
between local tim e and standard time upon such projecting
lorgitude counts for four m inutes and the furthest lim it
pie e slightly in excess of half an hour, which
of a time m eridian, (except in the contingency mentioned
■otherwise be the greatest deviation from
-could
occur.
It* so happens, too, that such
Jhelps in m any instances to
fa c t.
F o r instance, the
m eridian time, would, if
preserve
western
a plan also
State boundaries in
lim it set to
the
75 th
adopted, cause the State of Ohio
to be cut into two sections, differing
each other.
would
local tim e that
b y one hour from
A p a rt from the confusion
trary division of the State would
that such an arbi
produce in the
State
itself, it would hardly be possible for the railroads to con
form to it, since they nearly all pass through
from end to end.
roads run from
But
the State
it is found that m ost W estern
P ittsburg
or thereabouts, and that city
above, of a road lapping over
into
another,
greater)
will
to
any
appreciable
same rule is also follow ed
in
carrying
the line
The
further
south, so that the 75th meridian belt is made to embrace
difference o f
extent.
ence will be very m uch
would
be
or west,
somewhat
as already
half an hour is not
Moreover,
it
should be
smaller— in
m any cases
only
one m inute or less.
There
are o f course some real and valid objections to
the new standard, but those are inevitable in any system
o f the kind, and the advantages resulting from the same
vantages.
section.
east
rem em bered that in the great m ajority o f cases the differ
c m nterbalance
m eridian
this
slightly from one time belt
lim it
be 7-| degrees
explained ; and
m eridian
and the 90th
the
sufficient to affect either the course o f labor or business
therefore furnishes a good dividing line between the 75th
section
when
m any tim es over all the possible disad
One o f
points lyin g on
the principal
disadvantages
is, that
different sides o f the com m on lim it to
any two o f the standards, would show a difference of a
fu ll hour, while the real difference, according to locality,
G overnm ent,
m igh t be
resistance.
only a
525
THE CHRONICLE.
N o v e m b e r 17, 188S.]
few
minutes.
B ut
even in that case,
L o rd
The
there could be no confusion, since the difference would be
couraged ; and,
know n to all and rem em bered b y ail— just one hour, no
chartered
m ore, no less.
Christmas,
A n d if such points had to keep their own
by
the
local tim e in addition to the railroad time, that is no more
protection.
o f which we have already indicated, are v ery great.
is the
N ot
fact that it will give common
same
carrying
than what they have to do in m any instances now.
the least o f them
having
threatened
is
out
to
leave
intending
forcible-
not been
according to latest accounts,
m onths’ provisions
On the other hand, the advantages o f the system, some
D erb y
company, however, has
dis
a steam er
E n glan d
colonists,
before
with
six
and the necessary tents and arms f o r
A ccord in g to the prospectus of the company,.|
the first party o f settlers must each pay £ 1 0 0 towards the-expenses o f the expedition, and against the paym ent each*
will receive a land warrant for one thousand acres.
from
Sim ultaneously with, and in part grow in g out of, this^
Thus
annexation business, has sprung up a grand confederation
the 75th meridian tim e will be com m on not only to N ew
scheme— a scheme which, if wisely carried out, m ay giv&
tim e to
so m any leading
points
that now
vary
another by a few m inutes or fractions o f a m inute.
Y o r k , but to
Boston, Portland, Philadelphia,
"W ashington, A lb a n y ,
Baltimore,
Buffalo, H arrisburg, &c., &c.
It
not only unity
but increased
vitality to
that g ro w in g
empire which is being developed under the protection o f
follow s that the stock exchanges in Boston, Philadelphia,
Great Britain in the far
B altim ore and N ew Y o r k m ay open at precisely the same
the map will show the relation which N ew Guinea, g e o
m om ent of time.
graphically speaking, sustains to the Australian colonies^
Then, business m en
in
any o f these
cities doing business with cities in any o f the other
stand L y in g to the north
and
A glance a t
northeast o f Cape Y o r k , and
ards, as the 90th, for instance, taking in such points as
separated
C hicago, Milwaukee, N ew Orleans, St. Paul,
narrow body of water called Torres Straits, it is obviou s
St.
Louis,
from
southeastern seas.
Queensland
only by the com paratively
K ansas City, Omaha, Cincinnati, Memphis, &c., and wishing
that if those colonies are to fulfil the promise they have-
to com m unicate with their agents or principals in those
long encouraged, N e w Guinea must be under the control
cities on matters in which tim e is a factor, will know that
of the same pow er which governs them .
business commences just
enough, therefore, that Queensland
one
hour
later— not a minute
to
the
I t was natural,
should
reveal great
m ore or less— than here, and not 55 minutes, or 56 m in
anxiety in regard
ownership of that island— an.
utes, or 64 minutes, or anything else, as is now the case.
island which, after A u stralia itself, is the largest in the-
Th e same is true o f a point like D enver— the new difference
globe— and that in this feeling it should find sym pathy in
w ill be two hours even ; or o f San Francisco, on the 120th
N ew South W ales, the adjoining colony, and in Victoria-,,
m eridian— the new difference will be three hours.
the colony further to the south.
m erchant in
in
his
The
the latter city will know that as the clock
office
strikes
12,
the
clock s
in
our
banks
are striking three, and that business- has closed.
In the
H ence the rebuff which
was given to Queensland made a deep .impression on the
Australian
colonists generally,
and
particularly
in
the
territories above specified, suggesting to them the probable
m atter, too, of transm itting telegrams, it will be easy to
value and importance o f confederation.
compute the
what has come from confederation in the U n ited States and?
sum ed
in
exact
tim e a telegraph com pany has con
sending
a message,
and
thus to determine
whether there has been any unnecessary delay.
Further
T h ey have seem
also what has come from confederation in British
A m erica ; consequently
not only be
that if
able to
they
N o r th 1
.
were
it will be possible for the N av al Observatory at W a s h
united
they
ington— which, through Rear A d m iral R . W .
louder
and firmer voice to the home government, and to-
Shufeldt;
would
they argue
speak with
a-
ha§ given its adhesion to the new system, and agreed to
the outside world generally, but also with greatly increased
drop the ball here in N e w Y o r k according to the mean of
strength and with
75th m eridian tim e— to furnish time by one signal to all
own internal resources.
points, that is noon of 75th meridian
these, joint colonial action has been taken, and representa- N
o ’clock
of
90th
m eridian
time,
time will m ark 11
10
o’clock o f
105th
have
been
so m any reasons in its favor, it is g ra tify in g to
see that the new arrangem ent seems to be in a fair way of
A s a result o f
m ade to
urging the propriety o f
m eridian time, and 9 o’clock o f 120th meridian time.
W ith
tions
undivided purpose to develop their
the governm ent in London,,
confederation in Australia, after
the pattern o f the N ew Dom inion.
tion is now a com m on
such thoughts as
topic
A u stralian confedera
of conversation in political
circles in England ; and the subject in all its
finding general adoption.
bearings,
looked at from an imperial as well as colonial standpoint,
A N N E X is discussed approvingly in the current- num ber o f the
Westminster Review.
A U S T R A L IA — C O N FE D E R A T IO N A N D
A T IO N
The
Australian
com m and
colonies
a more
The reasons are
than
of
Great
ordinary
various.
Britain
amount
begin
of
to
attention.
Som e months ago it became
known that Queensland had taken certain 'decided
looking to the permanent annexation
of
and that it had form ally notified
Im perial G overn
m ent
of
its
action,
expecting, its approval.
forthcoming.
the
asking, o f course,
N ew
steps
and
Guinea
no
doubt
Such approval, however, was not
On the contrary, L o rd D erby, the present
.It is this dual sentiment— this desire for the annexation
of N ew Guinea and
dem and for confederation— which
gives character to the present aspect o f affairs in A u stra lia ..
Rapua, or N ew Guinea, as we have said, is, after A u stra - .
lia, the largest island
on the
globe.
equator, it has never been regarded
as d. desirable place
for Europeans and consequently has been left very much,
to itself. -T h e D utch alone have
the island to some
m ade
pletely failed.
nanced and disapproved o f the action o f the Qeensland
the civilized world has been through
Government.
sionary Society.
willing to allow
Im perial
G overnm ent
was
quite
the establishment o f trading stations,
and promised protection for
positively prohibited.
In
such ;
but annexation was
the interval has sprung up
L atterly the only contact it has had with
the L on don
M is
Its resources are said to be considerable,
both as regards the products
o f the
soil and
but it owes its importance m ainly to its
to Australia.
attempts to tu rn
a cc o u n t; bub the attempts have c o n k
Colonial Minister, decidedly and emphatically discounte
The
Situated on the
minerals j
close contiguity
W it h the development o f N orthern A u stra lia
what isJ called the N ew Guinea Exploration and Coloniza
particulary, its destiny is involved.
tion
Greater Britain, it has long been seen, was only a question
Company.
expected, has also
This company,
come
as m ight
have
been
under the ban of the Im perial
of time.
Its annexation to t h e .
526
THE CHRONICLE.
I t is somewhat singular that the present m ovem eht
regarding annexation should
influence which has led
to
the
same
penal settlement.
trouble in
Tonquin— the in
eyes on the N ew
seas has been
France, it
H ebrides
rumored that she m ight
Guinea.
It
authorities of Queensland
ever,
was
not
the
unauthorized action.
colonies,
for
N ew
similar
even la y
and
Thirty
years
victs were still being deported
passed
her
hands on N ew
their
This, how
prompt
and
Queensland and the other adjoining
Victoria,
special and not altogether pleasant
Legislature
uses; and it was
as they did.
cause o f
South W a le s
tion with convicts.
had set her
sucli a possibility that the
acted
only
N ew
m ade a French
was known,
was to prevent
a
to
flow o f
Tasmania into Victoria, and
have had a
experience in connec
ago, whiie B ritish con
Australia, the V ictoria
“ Convicts
object being to check the
jjt o u g t a r g l C o m
m
e r c ia l g u g lig fr gÿexp g
owe its origin to the same
satiable desire o f France for colonial expansion.
Caledonia in
[VOL. XXXVII.
RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXC H AN G E A T L O N D O N -N ov. 2.
On—
A m sterdam .
Am sterdam .
H am bu rg...
B e r lin .........
F rankfort...
Vienna.........
A n tw erp . . . .
P a r is ...........
Paris..........
G e n o a ........
Madrid.........
L isb on .........
A lexandria..
New Y o r k ...
B om b ay. . . .
C alcutta.. .
Hong K ong..
Shanghai___
Time.
Rate.
Short. 1211*3 @12*2*9
3 mos. 12-3 78 @12*438
it
20*58 @20*62
20*59 @20*63
iS
20*59 @20*63
12*13%@12*16*4
«
25*46*4@25*41*4
Checks 25-21 i4 @25*26i4
3 mos. 25*41 *$@25*26*4
25*46*4® 25 *51 *4
46*8@46*4
**
51l516@ 5 2 l16
---6Ó d ’ys
....
lS. 7*9(1.
Is. 7*2d.
E XC H AN G E ON LONDON.
Latest
Date.
Time.
Rate.
Not .
2 Short.
12*07
Nov.
Nov.
Nov.
Nov.
2 Short.
<<
2
2
2
20-24 *
20*36
20*35
12*01
Nov.
2 Checks
3 mos.
Short.
1 3 mos.
1
31
2 60 d’ys
2 tel.trsf.
2 tel.trsf.
2 4 mos.
31
Nov.
Nov.
Oct.
Nov.
Nov.
Nov.
Nov.
-fCt.
25*32
47*10
53
96*8
4*81
Is. 79ia<L
8s. 8 7öd.
5s. lögil.
Prevention A c t ,” the
escaped convicts from
thence
through N e w South
f From our ow n correspondent. |
L ondon , Saturday, Nov. 3, 1883.
The failures at Liverpool in the cotton trade are the great
feature of the week and have naturally been the cause o f
Objected to at first b y the Im perial G overnm ent, it
anxiety. It seems to have been known for some days past that
eventually received the royal assent. I t is claim ed that the
an important failure was impending, and consequently no great
surveillance o f the convicts in N ew Caledonia is exceed surprise was felt when Mr. Morris Ranger’s letter was posted in
in gly imperfect, that escape is easy, and
that the the cotton marke*. On Thursday that gentleman presented
“ escapees,” as they are called, com ing b y way o f N ew his petition for the liquidation of his affairs, stating his liabil
Guinea, are already m aking their appearance in Q ueens- ities at £1,080,000, the assets being estimated at about £350,000.
The first meeting of creditors is summoned for the 22d ult.
land.
It is further claimed that with N ew G uinea as it
It is believed that of Mr. Ranger’s unsecured debts about
is, France m ight almost as well send her convicts to £400,000 are in Liverpool, £100,000 in New York and £60,000
Brisbane, to Melbourne or to Sidney, as to N e w Guinea in Havre. Five additional firms have also announced that they
or the N ew Hebrides.
W i t h the increased deportation of are unable to meet their engagements, viz., Messrs. Forman &
criminals from France,
the evil will, o f course, be Sons, Messrs. Hollinshead, Tetley & Co., Messrs. Henry Pearce
& Co., Messrs. Mellor & Fenton and Messrs. Joseph Taylor &
aggravated.
Co. The liabilities are considerable but they are small com
There can be little doubt that the plan o f confederation
pared with •those of Mr. Ranger.
The cotton market was
w ill gather strength if there should be persistent opposition unsettled for a short period but the trade closes with a mcfder offered by the governm ent in L on don to the annexation ately cheerful appearance.
These failures, following so quickly upon those in the corn
scheme. But it is not likely that the Im perial Government
will do m ore than resist any theory which has’ a lawless trade, will have undoubtedly a certain adverse influence upon
the course of general business, and any immediate improvement
or filibustering aspect.
The Gladstone governm ent is
in commercial circles has become, therefore, more improbable.
composed o f m en who were down on what they called the Important, however, as they are, the difficulties which have
Jingoism
o f the last administration ; and anything been made public of late can scarcely be regarded as o f a
which has the appearance o f “ Jingoism ” will be sure to character from which the conclusion may be drawn that the
m eet their disapproval.
There is, however, no longer any position of our trade is one of hopeless insecurity. As long
as advantages are offered to bold and reckless individuals to
danger that N ew Guinea will fall into other hands.
It
speculate largely, just so long will there be the possibility of
is a foregone conclusion that it is to become a portion
such startling disclosures. A sensation will be created, to be
o f the British empire, and that A u stralia shall have the in the majority of cases of short duration, and legitimate trade
immediate fruit o f any advantages which m ay result from will proceed, though with this favorable distinction that judic
annexation.
But, regardless o f this question, the scheme ious merchants will be able to conduct their operations with
greater security. Had the losses which have been incurred at
o f confederation seems to approve itself.
On the A u s
Liverpool been brought about by the legitimate pursuit of
tralian mainland there are five separate colonies— Queensbusiness, say on an unexpected depreciation in the value of
land, N ew South W a le s, Victoria, South A u stralia and goods actually shipped to the Eastern and other markets»
‘W e ste rn Australia, and each with its own Governor and there would be certainly grounds for alarm, as it
its own Legislative Council, and representing a population might be very naturally, and, indeed, correctly, inferred
W ith
o f nearly 3 ,0 0 0 ,0 0 0 .
Then there are N ew Zealand and that other firms had been equally unfortunate.
these
speculative
failures,
however,
the
question
Tasmania, which would naturally form part o f the con
is one of arranging differences between a comparatively few
federation with an additional population of nearly 700,000* individuals, the larger portion of the trade being affected in
Considering the vast extent o f territory which would thus quite a minor degree. As far as the grain trade is concerned
b e brought more directly under one central control without (speaking, of course, from this country’s point of view, and
in any way interfering with the existing rights and institu therefore as a buyer), we are in a position of considerable
tions o f the separate colonies, and considering also the advantage* The difficulties which have been reported at New
castle have arisen out of the fact that a wrong judgment was
hom ogeneous character o f the populations, the event would
formed earlier in the year as to future supplies. Instead of
have a world wide importance.
I t would be another
comparative scarcity we have actual abundance, and even
trium ph won by the English-speaking portion of mankind, now, when prices are weak and stocks unusually heavy, the
fo r it would be the virtual founding o f a new and m ighty great producing countries are still anxious to procure a market
nation, secured to E nglish speech and wedded to liberal in this country. There is, in fact, great competition amongst
sellers, and hence we are able to purchase on very easy terms.
institutions.
The outlook for the winter months for the laboring classes is,
Pacific R ailroad o f M issouri.— The suit of Peter Marie am it is to be feared, far from promising, and it is encouraging to
other stockholders of the old Pacific Railroad of Missour think that bread, at all events, will continue cheap.
against Oommodoi e Garrison has been decided by Prof Theo
The position of the Bank of England is scarcely so strong ;
Dwight, the referee, in favor of the plaintiffs.
but '.ha weekly return is rather more favorable than had been
W a le s into Queensland.
It. was an act of self-preservation?
N o v e m b e r 17, 1883. j
THE CHRONICLE.
been anticipated.
There are, early in November, some
special demands to be met, which canSe money to flow about a
little more freely. The movement is not very active this year,
owing to the inactivity of trade, and the want of general enter
prise j but it has been sufficient to create a little more firmness
in the money market. The falling off in the supply of bullion
amounts to ¿6449,178, and in the reserve of notes and coin to
¿6630,263. Tne stock of the former is now ¿622,095,371, against
¿620,162,826; while the total reserve is £12,080,216, against
¿69,209,961 in 1882. The proportion of reserve to liabilities at
the Bank is now 43*10 per cent, against 43 93 per cent last week,
and 33 98 per cent last year.
The money market was very quiet in the early part of the
week, but, as far as the discount department is concerned, has
since become firmer. The demand for short loans, however, is
upon a very limited scale. The quotation for bills has im
proved fully %, but it is still about % per cent below the official
minimum. Mercantile paper is in better supply.
The following are the quotations for money and the interest
allowed by the discount houses to-day and same day of the
previous five weeks:
b27
Price of Gold.
Bar gold, fine... .oz.
Bar gold, contaln’g
20 dwts. silver..oz.
Span, doubloons.oz.
S. Am. doubloons, oz.
U. S. gold coin... oz.
Ger. gold coin...oz.
Nov. 1.
Oct. 25.
s.
d.
77 9U
8. d.
77 914
77
73
78
76
77
73
73
76
11
9U
814
314
11
914
814
314
Price of Süveri
Nov. 1.
Oct. 25.
d.
d.
Bar silver, flne..oz. 5014
5014
Bar silver, containing 5 grs. gold.oz. 5114
5114
Cake silver......oz. 5414
5414
Mexican dols...oz. 49 11-16 49 11-16
Chilian doliars..oz.
Applications are invited by the London and Westminster
Bank, limited, for an issue*of ¿6360,000 five per cent mortgage
debentures at par of the Wellington & Manawater Railway
Company of New Zealand, limited. The debentures are re
deemable in 1908, and are secured upon the uncalled capital of
the company, on land valued at ¿6500,000, and the railway itself.
Failures in the retail departments of business throughout
the country have been less numerous for some time past. The
principal difficulties have been in the grocery and provision
trades, but many of these are for very trifling sums. During
the past four weeks 753 bankruptcies and liquidations have
been officially recorded,[against 895 in the corresponding period
of last year.
Interest Allowed
The managers of the Anchor line o f steamers to New York
Open Market Bates?
for Deposits by
have issued a circular intimating that in view of the con
Bank Bills.
Trade Bills.
Joint Disc’t Uses tinuance of unremunerative freights from New York and the
London
Stock
approaching end of the passenger season, it has been decided
livree
Four
Six
Three~
Four
Six
i
Banks. At 7 to 14
Gall. Days. to suspend the service between Liverpool and New York during
»5 Months Months Months Months Months Months
2 2!4-2H the winter months. The sailings will be resumed early next
2
Sept. 28 3 2)4® — 2$ú® - 2)4® - 2>s@3 234@314 3
2
2 2U-2U spring.
Oct. 5 3
214®2% 2%® - 2U®3 2-K&3H 3 @314
3
2
®2%2%®2%
2)4®3
3
2
2
Ì
12
@314
2H®2%
2U®3H
214-214
Messrs. Morton, Rose & Co., are authorized to receive sub
“ 19 3 2U® - 2%® - m ® — 2)4®3 2)4®3 3 ®3H
2
1% 2 -2
•• 26 3 2%® - 2%® — 2M®2ii\2)4®3 2)4®3 3 @3)4
2
scriptions in this country for ¿62,254,100 Buenos Ayres 6 per
m 2 -2
NOV. 2 3 m ® — 214® — 2%® - 2)4@3 2%®3 3 @3)4
2
m 2 -2
cents, for the construction of the port of Euscuada, in the pro
vince of Buenos Ayres. The price of issue is ¿694 for ¿6100,
Annexed is a statement showing the present position of
The principal is to be repayable at par by a cumulative sinking
the Bank of England, the Bank rate of discount, the price of
fund o f one per cent by annual drawings, whereby the whole
consols, the average quotation for Eaglish wheat, the price of
debt will be extinguished in 1916.
middling upland cotton, of No. 40 mule twist, fair second
The following letter has been published on the Stock Ex
quality, and the Bankers’ Clearing House return, compared
change, and the result has been that the shares of the company
with the three previous years:
have considerably improved in value; the price has been as 1883.
1882.
1881.
1880.
high as 68, but, owing to realizations, that quotation has not
C ircu la tion .-..._____ 25,765,155 26.702,865 26,476,555 27,232,065 been maintained:
I
4,460,152
3,668,407
3,293,263
4,494.827
Public deposits.........
Other d e p o sits......... 23,381,143 23,197,832 23,379,562 25,320,845
G ovem m ’t securities
13,679,000 12,581,057 14,120,269 15,365,070
Other secu rities....... 19,893,625 22,945,295 20,334.992 17,275,496
Res’ve o f notes &ooin
12,080,216 9,209,961 10,133,980 15,108,634
Coin and bullion in
both departments..
22,095,371 20,162,826 20,860,535 27,340,699
Proport’n o f reserve
43-10
33-98
37^
50 50
to liabilities......... .
Bank rate...................
3 p. o.
5 p. c.
5 p. c.
2U p. o.
C on sols......................
101 *8
102 *8
99%
100
Eng. wheat, av. price
40s. 6d.
40s. 3d.
47s. Od.
43s. 7d.
Mid. Upland co tto n ..
6d.
65ied.
63sd.
6^8d.
No. 40 Mule t w is t...
9% d.
lO q d .
10q d .
10%d.
.Clear’g-house retum .120,580,000 144,971,000 144,815,000 141,440,000
“ B artholom ew Lane , E. C., London, Oct. 29.
“ Sir —We beg to inform you that w e ba ve received a cable dispatch
from Mr. George Stephen. President o f the Canadian Pacific R ailw ay
Company, dated Montreal, Saturday, the 27th inst., inform ing us that
the Governm ent o f the Dominion o f Canada have passed an order in
Council guaranteeing absolutely for ten years a m inimum dividend o f 3
per cent on the $100,000,000 capital stock o f the com pany, payable
half-yearly, February and August, and leaving the earnings free fo r
ten years to supplement the guaranteed 3 p er cent.
“ We are, yours faithfully,
M orton , R ose & C o.”
The markets continue to be liberally supplied with foreign;
wheat, but the arrivals of home-grown produce have somewhat
declined. Owing to the depression existing in the trade
The Bank rate of discount and open market rates at the British farmers are just now sending barley, oats and some
chief Continental cities now and for the previous three weeks other descriptions of produce to market in preference to wheat.
have been as follows:
The condition of the home supplies is very poor, and fu ll
prices are obtained for the limited quantity of really sound
Oct. 11.
Oct. 25.
Oct. 18.
Nov. 1.
produce offering. Supplies of wheat from St. Petersburg a«re
Bates of
now declining to an important extent.
Interest at
Bank Open Bank Open Bank Open Bank Open
Bate. Market Bate. Market Bate. Market Bate. Market
The shipments of cereals from St. Petersburg to this country
3
3
3
2%
3
294
have declined materially, but a considerable quantity of wheat
2%
Paris.................
294
4
4
4
4
Berlin................
3)4
314
3%
3U
has been forwarded to the Continent. The following are the
—
—
—
—
Frankfort........
3%
3!54
3H
3H
particulars: W heat, to London, 13,130 chetwerts; to other
—
Hamburg..........
— .
—
—
3U
354
354
Amsterdam.......
314
3H
314
su
3U
3U
3U
3U
direct ports, 1,750; ditto for orders, 16,213; to the Continent,Brussels.............
314
3)4
su
3U
3U
2H
su
3U
67,914. Oats, to London direct, 33,695 chetwerts ; to the Con
5
5
5
M adrid.............
5
5
5
5
5
tinent, 19,754 chetwerts. .
Vienna..............
4
4
4
4
4
4
4
4
6
6
St. Petersburg..
6
6
6
6
6
6
The following are the quantities of wheat, flour and Indian
corn afloat to the United Kingdom, Baltic supplies not being
In reference to the state of the bullion market during the
included:
past week, Messrs. Pixley & Abell observe
Gold.—W ithdrawals from the Bank, to the extent o f £150,000, have
taken place this week; the amounts to hand have also been secured for
export, the orders fo r N ew York, Lisbon and India having been suffi
ciently active to absorb all arrivals. We have received £4 6,00 0 from
the West Indies, £70,000 from Central Am erica, £2 5,00 0 from the
East, £13,040 from R iver Plate and £3 ,200 from the C ape; total,
£157,240. The “ H ydaspes” has taken £2 0,00 0 to Bom bay, and £9,000
(sovereigns) have been sent to the Bank.
Siver.—The supply o f silver during the week has not been large, and this
fa ct has tended to keep our m arket firmer than it otherwise w ould have
been, when it becom e know n that the Spanish orders were filled. Our
quotation to-day is 5 0 78d. per oz. standard, with a few orders for the
East at this t rice. The arrivals comprise £112,650 from New York aud
£1 9,000 from West Indies and the R iver P la te ; total, £131,650. We
m ay mention that the amounts from Am erica, given w eekly in our cirar®> as a rule, sold to arrive. The P. & O. steam er has taken
£3 0,00 0 to Bombay,
.
jCan Dollar's.—The market remains steady at our last quotation of
iv T 1
8?^ 8zAv£n ? at D m rate the amount b y the W est India steamer
Don, £140,000 m value, w hich had not previously been sold for
arrival, were taken fo r China and the Straits.
The quotations for bullion are reported as below :
A t present.
W heat............. qrs.1,1
7 43.000
Flour....................... 170,000
Indian corn ............ 195.000 -
Last week.
1.597,000
125,000
190,000
L ast year.
1,739,000
174,000
9,500
1881.
2,353,000
126,000
337,000
The extent of the sales of home-grown wheat, barley and
oats in the principal markets of England and Wales, during
the first nine weeks of the season; together With the average
prices realized, is shown in the following statem ent:
W h e a t ............. ..q rs .
Barley......... ................
Oats................... .........
1883.
580.975
462,372
94,965
SALES.
1882.
447,181
364,378
41,213
1881.
429,291
224,895
49,926
AVERAGE PRICES FOR THE SEASON (per qr.).
1883.
1882.
1881.
s. d.
s. d .
s. d.
Wheat................................... 41 3
41 6
49 5
Barley, j ......... ...................... 33 5
35 3
34 10
O a t s ..........................
20 5
20 11
21 5
1880384,335
289,039
29,417
18808. d'
41 6
34 8
21
3
528
THE CHRONICLE.
Converting qrs. of wheat into ewts., the totals for the whole
kingdom are as follows :
1883.
W heat.........ewt. 8,391,850
1882.
7,751,140
1881.
7,441,000
1880.
6,664,000
The following return shows the extent of the imports of
eereal produce into the United Kingdom during the first nine
weeks of the season.
IMPORTS.
1883.
1882.
1881
1880
Wh®at.................... ow t. 13,263,947 15,935,389 12,060,221 12.689 635
2,335,075
2,611,607 2,719.099
E a r le y .........- - - - - - ....... 4,096,344
O a t s ... .......................... 2,276,524
1,350,286
2,383,274 2,596,788
£ €a8......... *.................... .
1*2,070
132,370
2 5 4 ,4 2 9 '
461,647
E ea n s..............................
475,712
203,813
337,142
297,281
Indian c o m .................................
2,706,516 5,884,991 769,940
2,516,344
2,088,727
2,030,142
E lou r...................... - - - - - 2 ,6 4 7 ,0 .1
SUPPLIES AVAILABLE FOR CONSUMPTION—NINE WEEKS.
1883.
1882.
Im ports o f w h ea t.cw t. 13,263.947 15,935,389
Im ports o f flour.............. 2,647,071 2,516,344
Sales o f hom e-grown
p r o d u c e .............
8,391,850 7,751,140
1881
1880
12,060 221 12 689 635
2,088,727
2,030.142
7,441.000
6,681,000
T o t a l........ . . . . .
24,302,868 26,202,873 21,539,948-21,382,777
A v ’ge price o f English
’
wheat for season.qrs. 41s. 3d.
41s. 6d.
493 5d
41s 6d
Visible supply o f wheat
IntheU . 8 -----b u sh.30,300,000 14,800,000 20,590,000 17 400,000
Supply o f wheat and
flour afloat to U. K.
1,722,000 1,805,000 2,383,000
firs..........................
E n g l i s h M a r k e t R e p o r t s —P e r C a b l e ,
The daily closing quotations for securities, &c., at London
A®d for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending November 16 :
London.
Sat.
Silver, per o z ................d.
Consols for m oney...........
Consols for accoun t........
Fr’ch rentes (in Paris) fr :
,U. S. 4%s o f 1891............
fj. S. 4s o f 1907...............
•Chic. Mil. & St. P a u l. . . .
Erie, common stock.......
Illinois Central..............
N. Y. Ontario & West’n.
P ennsylvania..................
Philadelphia & Reading.
New Yorlr Central. . . ___
Mon.
Liverpool.
Sat.
F lour (ex. State)..100 lb.
Wheat, No. 1, wh.
“
Spring, No. 2, old “
Spring, No. 2, n .. “
Winter, South, n
“
Winter, West., n
“
“
Cal., No. 1 .......
Cal., No. 2 ........
“
Corn, m ix., n ew ___ “
Pork, West. m ess.. s bbl.
Bacon, long clear, n ew ..
Beef, pr. mess, n e w ,$ tc.
Lard, prime West. $ ewt.
Cheese, Am. ch oice.........
Tues.
Wed.
Thurs.
50 l316 5013,6 50I3-J /» 5013.« 5 l %
101 1
101 5S 101 1316 101 % K M
101 % 101 % 101 7fi 101 78 IGIlotX
77-30 77'65 77-57 77-8 5 77 75
118
118 % 118 % x L l n
1 7%
12538 125 5S 125 58 125 34 12
102% 103% 103 % 1033s 103
29 %
3o 3a
303s
03a
305a
136
136% 135 % l3 o % . 137
21 %
21 %
21
62 78
63
€338
x60
O
26 34
27
2658
26 78
120%
122
121 % 121 % L2 1
s.
12
ft
9
8
9
8
9
9
5
67
36
70
40
58
Mon.
d.
0
7 0
4
8
8
4
0
3%
0
6
0
0
0
s.
12
8
9
8
9
8
9
9
5
67
37
71
39
58
d.0
7
0
4
8
8
4
0
3%
0
0
0
9
0
Tues.
s.
12
8
8
8
9
3
9
9
5
67
37
73
40
58
Wed.
d.
0
7
5
6
8
8
4
0
3%
0
0
0
3
0
s.
12
8
8
8
9
8
9
9
5
65
37
73
40
58
Thurs.
d.
0
8.
12
8
5
•8
6
8
8
9
8
8
4
9
0
9
3% 5
0 65
0 37
0 73
0 39
0 58
d.
0
7
6
6
8
8
4
0
3%
0
0
0
9
0
Fri.
50%
101 11,,
101 ¡É l
77-67Ì2
117
125%
103
30%
137^
61
..2634
121 %
F ri.
8.
12
8
8
8
9
8
9
9
5
d.
0
7
6
6
8
8
4
0
3
0
137 Ò
74 0
39 q
59 0
(ßomm&xtial am! ilXtsccnaixccrxxs ^eur &
EXPORTS FROM NEW YORK FOR THE WEEK.
1880.
Por the w e e k ...
Prev. reported..
F or Week.
1880.
1881.
1882.
1883.
D ry g o o d s .........
.Gen’l m er’dlse.,
$1,279,386
7,365,273
$1,642,999
8,221,613
$1,785,191
7,137,085
$1,705,504
6,791,022
T otal............
$8,644,659
Since Jan. 1.
Dry g o o d s ......... $110.437,115
Gen’l m er’d ise .. 312,193,977
$9,864,612 * $8,922,276
$8,496,526
$99,695,332 $117,977,379 $109,611,915
283,307,098 317,561.673 288,416,265
Total 45 weeks. $422,631,092 $383,002,430 $435,539,052
$398,028,180
In our report of the dry goods trade will be found the import)
o f dry goods for one week later.
The following is a statement o f the exports (exclusive oi
specie) from the port of New York to foreign ports for fch<
'%$§§ fading Nov. 13, and from JaaMJT 1 to date's
1881.
1882.
$7,005,219
323,511,659
$6,958.823
290,231,554
1883.
$7,193,780301,102,409
table shows the exports and imports of specie
at the port of New York for the week ending Nov. 10, and
3m®e Jan. 1,1883, and for the corresponding periods in 1882
and 1881?
EXPORTS ÀNf) IMPORTS OP SPECIE AT NEW YORK.
Exports.
Gold.
Week.
. Im ports.
Since Jan. 1.
Great B r ita in ............
Prance........ .
G erm any......... .. __
West In d ie s ...................
M exico..................
South A m erica..............
All other countries.......
$ .........
$13,700
7.550
276,003
265,835
Total 18 83..............
Total 1 8 82..............
Total 1881..............
$7,550
2,500
2,625
Silver.
Great B r ita in ................
Prance.............................
G erm a n /............. ...........
West In d ie s ...................
M exico.............................
South A m erica..............
A il other countries.......
Total 18 83..............
Total 1 8 8 2 ..............
Total 1881..............
20,555
Week.
$947,718
301,659
488,935
128,409
1 ,o80
5,009
100
Since Jan. 1.
$3,743,623
1,346,368
3,519,511
3,619,634
84,388
1 8 9 ,0 2 »
121,033
$576,093 $1,872,910 $12.623,586
33,829,854
262,729
2,793,273
•435,066
118,963 50,831,402
$253,391 $12,758,832
485,526
5,400
45,452
$ .........
13,773
16,394
36,614
73,726
2,635
220
$ .........
1,666
248,372
791,933
4,069,472
140,466
14,166
$253,391 $13,325,377
50,000
9,798,204
180,600
9,565,338
$115,195
16,616
25,435
$5,266,075
2,222,095
2,521,576
Of the above imports for the week in 1883, $310,531 were
American gold coin and $14,993 American silver coin. Of the
exports for the same time, $2,650 were American gold coin.
Denver Utah & Pacific.— This railroad and the Colorado
Northern Railway, formerly known as the Denver Longmont &
Northwestern road, have ceased all connection with each other.
The roads have been operated together for a year or more.
— The Homestake G-old Mining Company of Dakota has de*
dared its 63d dividend of $25,000, for the month of October,
payable at offiee of the transfer agents, Lcunsbery & Haggin,
15 Broad Street.
— Mr. F. M. Lockwood has been re-instated as a member of
the Stock Exchange, and Mr. William H. Bingham of Gr. W .
Ballou & Co., has also been re-admitted.
Auction Sales.— The following, seldom or never sold at the
Stock Exchange, were sold at auction this week by Messrs.
Adrian H. Muller & Son.
Shares.
Bonds. *
Im p’ters’ & T r’ ders’ N. B ’k.273% $8,000 Sand’y Mausf. & New
N. Y. B ow ery Ins. C o ......1 5 8 %
ark RR. Co. 1st m. 7s, due
City Fire Ins. Co................. 122
1909, guar, by Balt. & Ohio
Pacific B au k ....................... 165%
R li. Co......................... 115% & int,
Leath’r Manuf’rs’ Nat. B ’k.176
$i ,000 Cent. Crosat’ n RR. 1st
Sterling Fire Ins. C o.......... 60
mort. 6s, due 1922___ .....1 0 9 %
Citiz’ns’ Gas-L.Co.ofB’klyn 87% $10,000 Susp’11B ’ge &Erie J ’n
Brooklyn Gas-Liglit Co___127%
RR. 7s. due 190 J.......... ........110%
Bonds.
$3,000 2d Ave. RR. Co. 7s con,
$2.000 Metrop’n Telephone &
due 1888............... ..........108 & int.
Telegraph Co. 6 s . . . . . . ......... 94
15
10
8
50
10
15
50
36
gauliht# aud financial.
3.073—
The First National Bank o f A yer, Mass. Capital, $75,000
.. Andrew A tw ood, President. James R. Gray, Cashier.
3.074—
The Carrollton National Bank, Ky. Capital, $60,000. H enryO F F I C E
M. W inslow, President. D avid N. V ance, Cashier.
FOREIGN IMPORTS AT NEW YORK.
$8.981,388
352,291,883
Total 45 weeks. $360,376,271 $330,516,878 $297,190,377 $308,296,189-
.N a tio na l B anks.— The following national banks have lately
bben organized:
I m ports a n d E xp or ts f o r t h e W e e k . — The imports of last
week, compared with those of the preceding week, show a de
crease in dry goods and an increase in general merchandise. The
total imports were $8,496,526, against $7,654,928, the pre
ceding week and $9,933,152 two weeks previous. The exports
for the week ended Nov. 13 amounted to $7,193,780 against
$5,416,038 last week and $6,673,379 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Nov. 8 and for the week ending (for genera t
merchandise) Nov. 9; also totals since the beginning of firsl
week in J an u a ry :
0
81
[V ol. X X X V II.
OF
THE
C A N A D IA N P A C I F I C R A I L W A Y
COM PANY,
63 W ILLIAM STREET, NEW Y O R K .
THE CANADIAN PAQIFIC R A ILW A Y , in order to insure to its
stockholders a fixed minimum dividend on their shares, and thus con
stitute the stock an absolutely reliable security fo r permanent invest
ment, have deposited w ith the G overnm ent o f the Dom inion o f
Canada m oney and securities, in consideration o f w hich that G ov
ernment, on the 10th day of N ovem ber instant, executed a con
tract w ith the com pany and the Bank o f Montreal, under w h ich
it hound itself to pay into that bank as trustee for the shareholders»,
on the 17th day of February and August in each year until the 17tit
of August, 1893, inclusive, a sum o f m oney sufficient to pay a semi
annual dividend o f 1% per cent on the entire outstanding cap ital
stock of the com pany. Out o f this sum the Bank of Montreal, by the»
same contract, covenants w ith the R ailw ay Company to p ay to th e
stockholders half-yearly dividends at the above rate.
It is the intention o f the railw ay com pany to supplement the guaran
teed dividend b y ’an additional 1 per cent sem i-annually during con
struction, thus m aking an annual dividend ou the stock o f 5 p er cent,
and, after the entire com pletion of the railw ay (which, it is ex pected,
w ill be accom plished at latest b y the spring o f 1886), b y such fu rther
dividends as its earnings w ill warrant.
Notwithstanding this arrangement, securing a minimum dividend fo r
ten years of 3 per cent per annum, the unearned subsidies granted to
the com pany under its charter in m oney and lands rem ain w h olly unim
paired, and w ill be obtained from the G overnm ent as heretofore as con
struction progresses, and w ill therefore be available for the completion*
and equipm ent o f the railroad.
[S ip e d ]
GEORGE STEPHEN, President.
%\xt ^Bankers’ (SAsette.
Quotations tor foreign, exchange are as follows, the prices
being the posted rates o f leading bankers:
T ie fo H o w in g dividends Rave recen tly Been announced:
Per
Cent.
Name o f Company.
R a ilr o a d s .
-Catawissa, new and old p r e f...
■Cen+ral o f N. J.-(quar.)..............
Cleveland & Pitts, guar, (quar)
Chic. Burl. & Quincy (quai.)...
Del. & Bound Brook (quar.) . . .
No. Pennsylvania (q u ar.)........
M is c e lla n e o u s .
-Bankers’ and M erchants’ T e l..
3%
1%
134
2
2
2
When
Payable.
Nov.
Dec.
Dec.
Dec.
Nov.
Nov.
16
1
1
15
14
26
B ooks Closed.
(D a ys in clusive.)
Oct.
Nov.
Nov.
Nov.
31
18
11
27
t o ----------to Dec. 2
to Nov. 30
to
NEW YO RK, FRID AY, NOV. 16, 1 8 8 3 -5 P. M.
The M oney M arket and F in a n cia l S itu ation .— The
general reduction of about ^ of 1 per cent in the rates of
discount for mercantile paper in New York during the past
week is as much significant of an improvement of confidence
in mercantile credit as it is of increasing supplies of money.
There is no doubt that while the banks are still extremely
cautious about paper coming through brokers, they are also
more disposed to extend accommodations to their regular
customers than they were a few weeks ago. This improve
ment of confidence is warranted by the fact that important
failures have apparently diminished— there was but one dur
ing the past week, that of a wool house at Chicago, but this
was not the result of any general element of unsoundness in
the wool trade. The iron trade seems to have settled down
upon a basis of low prices, on which the fittest will survive,
as is shown by the fact that one prominent iron company is
making large contracts to deliver steel rails at $35 per ton, a
price which has heretofore been considered too low to admit
o f any profit except to a few who are able to produce at a
•minimu m cost. Two large mills at the W est have shut down,
hut some minor ones have started anew.
The expectation of another call for $10,000,000 United
■States 3 per cent bonds for redemption had, together with
som e other influences, the effect on Thursday to advance the
rates of sterling exchange, it being presumed that these bonds
.are largely held in Europe. It will therefore be seen that the
redemption of bonds has reached a point where it has a ten
dency to diminish the supply of loanable funds in American
markets in two ways, v iz: first, by contracting the national
bank circulation and second by returning European capital
to its owners.
The supply of money, however, both for loan and invest
ment in this market seems rather to increase than diminish.
Besides the reduction in the rates of mercantile discounts
mentioned above, the supply of money for call on stocks con
tinues very large, and rates have been even lower in the past
week than before, scarcely going above 2% per cent at any
tim e, with the bulk of transactions at 2 or less.
One evidence of an improving confidence on the part of
■■capital is the increased business in railroad bonds, of which the
total sales in the last week have been quite double what they
were in the preceding week, and at an advance in prices rang
in g from 1 t.o 9 per cent in the speculative bonds and from 1
to 4 per cent in those of a grade higher. These investments
have been induced by the continued good earnings of the
railroads, though the same fact has not yet caused any con
siderable investment buying of stocks.
Notwithstanding the higher rates for bank loans at the
W e st than a few weeks ago, there seems to be no very large
movement of surplus funds from this market in that direc
tion, and New York exchange is at a premium at Chicago,
St. Louis, etc.
The Bank of England weekly report showed a gain of
¿£2,900 in specie. A t the same time the reserve of specie and
¡bank notes in the banking department was reduced from 43 %
in the preceding week to 42 11-16 per cent. The Bank rate of
discount continues at 3 per cent, though in the open market
Tthe rates are lower. The Bank of France weekly statement
show ed a decrease of 2,375,000 francs in gold and 2,525,000
francs in silver. The Bank of Germany gained 2,360,000
m arks in specie for the week.
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.
1882.
Nov. 11.
1881.
Nov. 12.
Loans and dis. $321,944,900 D ec.$l,6 09,7 00 $315,454,200 $313,123.300
60.788.900
48,823,500
54,195.900 In c . 1,843,300
S p e c ie ............
18.668.200
20,943,100
15,409.500 Dec.
7,800
C ircu lation ...
N et d e p o sits. 310,593,700 I n c . 3,206,800 283,206,200 290,677,300
14,853,000
18,953,100
25,193,309
In
c.
11,700
Legal tenders.
L egal reserve. $77,648,425 In c. $801,700 $70,801,550 $72 669,325
75.641.900
67,776,000
Reserve held.
79,389,200 I n o . 1,855,000
B urplus..........
$1,740,775 I n o .$1,053,300 df.$3,024,950
$2,971,575
Exchange.— The rates for sterling have vibrated some dur
ing the week and seem unsettled yet. On Saturday, thelOth,
they were reduced % cent on the £ to 4 82% and 4 85, but on
Thursday were advanced again to 4 83 and 4 85% . On Friday
rates for actual business were as follows, viz: Sixty days,
4 82@4 82 % ; demand, 4 84% @ 4 85 ; cables, 4 5 8 % @ 4 86 ; com
mercial bills 4 8 0 % @ 4 81.
Prime bankers’ sterling bills on London.
Prime c o m m e r cia l.............. ................ .
Docum entary c o m m e r cia l.........................
Paris (fra n cs).............................. ................
Amsterdam (gu ild ers).................. ............
Frankfort or Bremen (reichm arks)...........
U nited States Bonds.— The long-date issues of government
bonds continue strong and higher under the prospect of fur
ther calls of the three per cents, and prices show an advance
of
per cent for the week.
The closing prices^,t the N. Y. Board have been as follow s:
2
Differ'nces fr'm
previous week.
Demand.
November 16.
B I V I D E N O S .
1883.
Nov. 10.
529
THE CHRONICLE.
N ovem ber 17, 1883.]
Interest Nov.
Periods. 10.
Nov.
12.
Nov.
14.
Nov.
13.
Nov.
15.
Nov.
16.
4*38,1891.............reg. Q.-Mar. *1135« 113%i 1 1 3 % 113% *113% *113%
4*38,1891......... coup. Q.-Mar. 114% 114*8 114*8 114% 114% 114%
4e, 19 07................reg. Q.-Jan. 1221s *122% *122% 122% 122% *122%
122% 122% 122% 122% 122%
4s, 1907.............coup. Q.-Jan. *122
3s, option U. 8 . . . .reg. Q .-Feb. 100% *100 *100% 100% *100% *100%
68, cur’ cy, 1 8 9 5 ..reg. .r. & J. *130 *130 *130 *130% *130% *130%
6e, cur’oy, 1 8 9 6 ..reg. J. A J. *132 *132 *132 *132 *132 *132%
6s, our’cy , 1 8 9 7 ..reg. J. & J. *134 *134 *131 *134 *134 *134
6e, our’ey, 1 8 9 8 ..reg. J. & J. *136% *136 *136% *136% *136%' *136
68,eur’oy. 1 8 9 9 ..ree. J. A J. *13713 *137 *137% *137% *137% *137%
* This is the price bid at the m orning b oa rd ; no safe was made.
U. S. Sub-Treasury.— The following table shows the receipts
and payments at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week:
Balances.
Date.
Nov. 10..
“ 12..
i 1 3 ..
“ 1 4 ..
“ 1 5 ..
1 1 6 ..
Total
Payments.
Receipts.
$
1,383,534
1,185.262
1,157,524
904,285
586,916
3,159,419
81
97
53
48
98
35
*8,376.944 12
$
542,583
2,335,696
1,313,151
1,001,251
1,364,971
1,925,134
C urrency.
Coin.
63
78
68
54
89
40
$
115,631,063
114,724,596
114,669.317
114,709,461
113,923,170
115,247.559
05
38
03
01
01
52
$
6.883.253
6,639,236
6,538,438
6,401,826
6,405,062
6,317,957
15
01
21
14
26
70
18,482.789 92
* A bove receipts include $2,250,000 gold certilicares put into cash,
t A bove payments include $238,000 gold certiftcates taken out o f
cash.
State and R a ilro ad Bonds.— The market for railroad
bonds, as mentioned above, has been much more active and at
higher prices this week than last. The range of fluctuations
for the principal issues from th e. opening prices on Saturday,
the 10th, to the closing ones on Friday, the 16th, were as
follows, v iz .: Atlantic & Pacific incomes at 24, 28, 2 7 % ;
Burlington & Quincy debentures at 90, 89% , 92% , 92 ; Boston
Hartford & Erie firsts at 31% , 3 5 % ; Chesapeake & Ohio
firsts, series B, 96, 100, 9 9 ; do. currency 6s at 49% , 53, 5 2 ;
Canada Southern firsts at 97% , 9 8 ; Denver & Rio Grande
consols at 91, 9 2 % ; East Tennessee 5s at 73, 72% , 75% , 7 5 ;
do. incomes, 29% , 33, 32% ; Erie second consols at 95, 96% ;
International coupon 6s at 80, 8 3 % ; Kansas & Texas seconds
at 63%, 65% , 64% ; do. consols at 106%, 107% ; N. Y . W est
Shore & Buffalo 5s at 77, 75% , 76% , 7 6 ; New Orleans &
Pacific firsts at 86% , 88% , 87% ; Chicago & Northwest deben
tures at 92% , 93% , 93% ; Northern Pacific firsts at 103,
103%, 1 0 3 % ; Oregon Railway & Navigation 6s at 107, 10 8;
Oregon & Trans-Continental 6s, 85, 86, 84, 8 5 ; Ohio Central
incomes at 13, 1 4 ; do. firsts at 68, 69% , 6 9 ; St. Louis &
Iron Mountain 5s at 73, 74, 7 3 % ; Rome Watertown &
Ogdensburg 5s at 67% , 68 ; Texas & Pacific Land Grant
incomes at 4 8 % , 48% , 5 0 % ; do. Rio Grande Division firsts
at 74%, 74% , 76% , 76 % ; Union Pacific firsts at 115%, 116,115% ;
Virginia Midland incomes at 60% , 6 3 % ; Wabash general
mortgage 6s at 71, 72 ; Lafayette Bloom. & Muncie firsts at
90, 91 ; do. incomes at 30, 3 9 % ; Ohio Southern incomes at 22,
27, and Lake Erie & Western incomes, 35, 40.
State bonds have been almost entirely neglected.
R ailroad and M iscellaneous Stocks.— In the first half of
the past week the stock market was generally higher, and
there was a large increase of business; but on Tuesday there.
was a pretty general re-action, from no special cause except
an attack of the bears, which, however, led to some realizing
sales in the next two days. In the latter part of the week,
though, the market was stronger again.
The Vanderbilt
stocks have been well sustained as a rule, and the announce
ment that the Lackawanna had come into the Trunk Line
Pool has helped to keep them firm. There has been some
little investment buying of the dividend-paying stocks, but
not to an extent to influence the market. The most import
ant changes in prices for the week have been the following
advances, v iz .: Illinois Central, 2 % ; Canada Southern, 2 ;
Lackawanna, 2 ; Bloomington & Western, 1 % ; Wabash,
1% ; Oregon & Trans-Continental, 1. Lake Erie & W estern
shows an exceptional advance of 6% , though the cause is not
apparent. Oi those that are lower, th e. most important are
Manitoba, 6% ; Canadian Pacific, 2% ; Union Pacific, 1 % ;
Michigan Central, 1 % .
_
, , .
,,
,
Union Pacific has been adversely affected during the week:
by reports of a large falling off in earnings during September
and October. The company’s officials in this city claim not
to have received the figures as yet, but a statement published
this afternoon states that for September there is a decrease of
$176,339 in gross receipts, an increase of $274,506 in expenses,
and a decrease in net of $450,835. The estimate for October
gives a decrease of $50,000 in gross earnings,
THE CHRONICLE.
53a
[ V o l . XXXVII.
NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING U O V . 1 6 , AND SINCE JAN. 1, 1883.
STOCKS.
D A IL Y H IG H E ST AND LOWEST PBICES.
Saturday,
Nov. 10.
Monday,
Nov. 12.
Tuesday,
Nov. 13.
Wednesday, Thursday,
Nov. 14.
Nov. 15.
Friday,
Nov. 16.
Sales of
the Week
(Shares).
R A IL R O A D S .
Atchison Topeka & Santa Fe.
81Hi 82 V
Boston & N. Y. Air-Xi., p re f...
25
85
85
85
86
*84
86
88
, Burlington Ced. Bapids & No. 82
290
63
63 V 61 s4 63
62 V 61V 62 V 60
Canadian Pacific........ - .......... -61V 60V SI *4 43,408
56 34 66% 57
55*8 57 V
Canada Southern................... -- 54 V 55
57 V 56V 57 V 56
76,935
85
85
85
84 V- 84 V 84 V 85*4
Central ol N ew J ersey............. 8434 85 V 84 a4 85 Hi
2,977
67
68
67 Hi 68
6630 67 V 67 V 6734 22,670
67 V 66 V 67
Central Pacific...................
1534 16
15
15
15 V' 16 V 16V *15 V 16 V *l5Ha 16
Chesapeake & Ohio.......... ----711
Do
1st pref ... 26V 27 S *26V 28
28
28
28
27*4 27*4' 27*4 28*2 28
1,500
1634 *17Hi........ *18
20
20 I *18
*17*2 19
*18
20
Do
2d. p re f..:. 16
133 V 133*4 133*2 133*2'
133*2 133Hi' 133*2 133*2
Chicago & AltoV..............-....... 133 134
413
Chicago Burlington & Quincy. 127 V 127 V 1273s 128V 127*2 128*4' 127*2 128*4' 1 2 7V 128 I 127 V 128 i 13,109
99 Hî 100 V 100*8 101*8! 99 78 10034' 99 Hi 100 *2 ’ 99
99 V 98 V 99 V 214,317
Chicago Milwaukee & St. Paul 1173
4 11834 118»g 119 VÍ 11834 11834i 118*4 119 1 117*2 118*41 ’117*2 119Ha
Do
pref.
6,725
Chicago & Northwestern— -- 12534 12714 126*2 127 *41 T26 1273s1 126*8 127*8' 125 V 126 Hil 126 126V 58,315
147*8 148
14634 149 I 146 a4 148*2 146Hi 147
146V 148
Do
pref. 147 148
9,351
12234 122 V 122*2 123
122*4 122 *121*2 122 Hil
ChicagoHock Island & Pacific 122 Hi 123
2,900
14
1334 14Hs' 14 ®s 14.V
14 - 14 I *13
14
Chicago St. Louis & Pittsburg 14
1,200
44
39
*37
42
*38
40
300
Do
pref.
38
36 V 37 V 37*8 38
17,050
Chicago St. Paul Minn. & Om. 37 Hi 3834 38*4 38 V 3734 38*4 37
983
4
9934I
99
9934 18,535
Do
nref. 98 V 100 V 100*8 100 78! 9934100 V 1 9834 100
6434 65
61Hi 62*2 63*2 65
65*2 67
64*2 64*2* 64*4 65
5,100
Cleveland Col. Cinn. & Ind. ...
’132*4........ 1
134 134*2
Cleveland & Pittsburg, guar.. 134 . . . . . .
33
Columbus Chic. & -Ind. Cent..
11734118*2 1X8*2119*2 640,490
Delaware Lackawanna&W est. 116Hi 11734l11738 118*4' 117*8 119*8' 117 78 119
2434
2434
24V
25*8
2434
25
25
2
5
V
25
2
5
V
247
8
25*s’
8,060
Denver & Bio Grande..............
6V
öV
6 34 534
7
7*8'
7*4 7 V 7
7*4'
7
7 I
Bast Tennessee Va. & Ga.—
2,125
14*2 14*4 14*4 14
13V1 1334 14V 14*4 14V1 14
UHi1 10,600
Do
pref. 13
Evansville & Terre Haute— .
*5*2 6*2
*5
5*2 6*2
Green Bay Winona & St. Paul
Hannibal“& St. Joseph...........
Do •
pref.......
197 197
30
H a rlem ..........................- ....... 50
50
51
51
55
65 ,
300
Houston & Texas Central......
6,946
Illinois Central. . —................... 132 132*4 132 132*2 132*2 132*2 132*4 132 *a 132 134*4 I3334 133 V'
82 a4 82»4i
82*4 82*4 82
82Hi'
224
Do
leased line—
23
23*4' 22*2 22 Hi 23
23*2 •5,100
Indiana Bloom’n & Westem .. 21*2 22 >4 22 V 22 34 22Hi 23
2034 21 I 21*4 22
20
20*a 20V 20V
19
23
25 !
5,920
Lake Brie <fc Western.............. 18
102*8 103*4 101V 102 »4 101*4 102 V 101 *2 102 V 101*2 102 *2' 118,412
Lake S h o re ............................ - 101*4 103
7134 72
6934 70
70*2 71 I 70
70
71*2 73
71
71 I
1,970
Longlsland..........................— ........
17*2 19*2
14*2 14*2 ............ — .
Louisiana <fe Missouri Biver..
400
50
5034l 49V 50*4 *50*8 *50*2 86,269
50*2 51*8 50*4 51
Louisville & N ash ville...... .. 49 7f 51
38
200
Louisville New Albany & Chic 38
42*2 42*2 42*4 42*4
44' 45
500
Manhattan Elevated — .........
84
84
87
*83
85
36
Do 1st pref................. 87
*41*4 45
Do
common...........
16
16
16
16*2 17 I ..................
17
17
16
523
Manhattan Beach Co...............
41a4 41V 4134 41»4 . . ............... *40
42
42
*40
42
2,000
Memphis & Charleston............ *41
..............: „ l 89
S9 I ...................
91
91
16
Metropolitan Elevated.......... J
9334 94*4' 93V 9 4 V 93
94*4 92
93
92*2 93
16,120
Michigan Central..................... 93V 94
Milwaukee L. Sh. & Western .
*40' 42
40 4034 *40*4 41
40
40
41
Do
pref. *39
600
2134 21*4, 22*8 22V1
21*4 21*4 *2134 22*4
600
Minneapolis & St. Louis........
42
43
40*4 40*4_ 40*4 40*4
Do
pref. 42V 42*2 *43 ........1
750
2434 25 V 24*2 24 V 24* 24 V 24V 24V1 24*8 24V 18,585
24 V 25
Missouri Kansas & Texas......
97a4 96*2 97*4I 97
I
98
.97
97*2 30,223
97 V 98*4 97V 9 8 V ■97
Missouri Pacific.......................
12
12
•12
*11*4 12
100
Mobile <fc Ohio...... ................... *11
123*212312'
123 V 123*4
’122*2 124
340
Morris & Essex.........................
58
58
*56
60
59
57
57
1,940
Nashville Chattanooga <ft St.L. 57
New York Central & Hudson. 117 V 118*2 i '17 V i ’íá v ! 117*4 118*8 117 117 »4 116 34 117*4 11678 117*2' 47,345
-8
8
10*4 11
“
9*4
9*2 934 ‘ 9**4 11
8*2 8 V
New York Chic. & St. Louis..
8,130
18
21
20
Do
pref. 15*2 15*2 15*2 15*2 16*2 16 Hil 18
18*4 21
3,550
98
93
New Y ork Elevated.................
5
8634 86 34 - 1,260
- New York Lack. <fe Western ..
86
86*4!
86
86*2' 87
New York Lake Erie & West. 28 84 29 s( 29*s 29 »4’ 29*4 30
73,410
75
75 I 76V 7534 76 V 76*2 76V 76 V 75
Do
pref. 75 ‘ 75
75
1,325
30 V 31V 3134 35V1 34 V 37 V 1 31
New York & New England__
35
*31V 32 V 10,735
30 V 32
179 180 I
New y ork New Haven <&Hart
58
21
21*8
1
20
V
21V
New York Ontario <fc Western.
21V1
2,700
21V'
20 V 20 V *2Ö V 20 V
*5
*5
6
5 34
6 1 *5
New-York Susq. & Western...
6 1 *5
6
275
*12
16
16 1 *12
- 1 Do
pref *12
15V 1534 15 V 15 V 15V 15V
700
16
4484 4334 44 V 44*8 44*8
45
46V 46
46V1 45 V 45 V 44
Norfolk & Western, p re f.......
5,900
29*s 29 V 29*8 29 V 29 V 2934I 28 34 29V 28 V 29 V 29 V 2934
Northern Pacific......................
19,038
ß a4 64 V 64
65
63 5s 64 V! 63 V 6334 63 V 64
6334 64 V 24,332
Do
pref...............
4
3 34 334 i
Ohio Central.............................
3V
3,245
29
*27
Ohio & Mississippi........... .-...-J 27
27*2 27*2' 28
27*2 27*2! ..........
800
28 V
Ohio Southern....___ ..J........a
.21
21
Oregon Short L in e.............
50
Oregon & Trans-Continental.. 47*2 49
47 V 4834 47 V 48 V> 47*2 48*4 47V 4SV 48V 49V 183,480
-a
I684I 16
14V 15*2 15 V 16V 16
Peoria Decatur & Evansville..
16*2' 16*2 17*8' 17
1734
4,725
5134 53
Philadelphia & Beading. .....
51V 52 84 51
6IH1 52
52
52*4 52
52*2 11,300
134 134
134
Pittsburg Ft. Wayne & Chic..
' 1L5
Bich.& Ailegh.,st?cktrust otfs.
59
*58
60
59
Bichmond & Danville.............
100
Richmond & West Point
28V 23*2
1,030
28V 28V
Boches ter & Pittsburg .
17V 18 V 18
18 V 18
1734 18*8 12,8 L0
18V 18
18
V
17
V
18
51
50
St. Louis Alton & Terre Haute 4934 5 0 ' *49
50
50
50 - I 4034 4034 *45
50
. 700
*90
93
93
*90
Do
pref. 89
300
92V 92V1 93V 93V *93 ... .
St. Louis & San Francisco......
*26
27
Do
pref.
*46
50
lOU
46V 46V'
8934
8934
Do
lstpref.
89 V 89 V
*90
92 V
330
St. Paul & Duluth...... .
35" "3534
440
90
90
Do
p re f...._ ......
134
St. Paul Minneap. & Manitoba 10634 107 V 106 V 107
06 V 106 V 100 106 V 1 100 102
100 V 10134 24,180
22 »4 23 V 22 V 23 I 21V 22 V 22 V 22 V 27,980
Texas & Pacific.................
23 V 24
22V 23®i
8834 90 V 90
Union Pacific.......................
91
89
90
8734 89 V! 87 V 88V 8734 88V
2034 21 ö4t 2134 22*2 21V 22V 21V 2 2 V 21V 21V 21a4 22*4 151,910
Wabash St. Louis & Pacific
11,950
Do
nref. 33*4 34 V 33V 34Hi! 32*2 34V 33V 81*41 33*8 33V 33 V 34*8 25,205
M IS C E L L A N E O U S .
63 a4 63 V 64
64 I 64
63
American Tels & Cable C o ..... 63
64
162 34 63 V 61V 61V
1,000
Bankers’ & Merchants’ T e l... 137 V 13734 138 138Hi' 138V 13834 138 V 13834' 138 V 13834 138
2,610
V 138 V
Colorado Coal & I r o n ..... ......... 17
17 i
625
Delaware* Hudson Canal. . . . 106*4 106 V 10634 106 V 106 V 106 V 10634 106 V 1 106 V 106 V 10634 10634
2,156
Mutual Union Telegraph.......
17 V 17 V 17 V 17 V *17 V 18
18
350
18
1 8 V ...........
*17
V
*105V........ I —
New York <fc Texas Land Co..
.:...
’105 ........ 1*105 ........
Oregon Improvement Co......
78 Ha 79
*78** 79V
833
Oregon Ban way & Nav. Co___ 116 116
115 116V' 115 116
115 115V
115 115
114 114
2,612
Pacific Mail............................... 41*2 42*8* 4 Í 34 42V! 4134 42*8 4134 42V1 41V 42*8 41V 42
20,100
Pullman Palace Car................. 124 124 I 123 V 12334' 123 V 123 V 123*4123 V 122 122
12234 123
1,888
Quicksilver M ining........ .
*5
6
..................I *5
6V'
*6
7
Do
p re f..—...
32
100
*30 V 33
Western Union Telegraph......
7934 80 *3 80
80 V 79% 80% 79V
79 V 79 V 79V 7934 36,270
EXPRESS.
Adams..—. ................................ 132 132 *132 134
133 133
133 133 *132 134
107
132 V132 V1
American..................................
90
90
91
91
*90V 92
*90 V
'92
92
91
93
147
59
United States...... ................... . *57
60
*57
60 V
115
60
58 V 60 V *57
60
Wells, Fargo & C o................... 113 115 *114 115 *114 116 *114 117 »114V117 |*114V117
■INACTIVE S T O C K S .
Albany & Susquehanna.........
Cedar Falls & Minnesota ..*...
13
13
10
11
Chicago & Alton, pref.............
C olu m bia* Greenville, pref..
Dubuque & Sioux C i 'y ...........
Flint & Pere Marquette, pref.
104 104
62
J oliet & C hicago......................
138 138
6
Borne Watertown & Ogdensb.
400
19
19
19
19
Texas & St. Louis in Texas ...
100
13
13
Virginia M idland............... ...
200
20
20
Gold * Stock Telegraph.........
82
82
100
Consolidation Coal...................
Homestake Mining Co.............
10
10
300
8
8
8*4 8*4
New Central Coal......... ..........
100
10
10
Ontario Silver M ining.............
Pennsylvania Coal...... ............ 250 265
260 260 *258 267 '250**
*250
Tlsese are the x>rices hid and asked; no sale was made at the Boati.
t Ex-privilege.
78 V Feh.
78 Mar.
75 Sept
48 V Oct.
47*4 Oct.
68*4 Jan.
61 Oct.
13 Oct.
23 Aug.
1434 Oct.
128 Aug.
U 5 34 Feb.
92 V Oct.
115 Oct.
115 V Oct.
140V Apr. 13
134 Oct.
157 Apr. 13
117 V Aug.
127*4 Jan. 5
10 V Aug.
22 Apr. 21
33 Oct.
5734 May 16
30 Oct.
55 Jan. Ì8
91 .Oct,.
113*4 Jan. 5
54 Oct.
84 Jan. 5
124 V dug
142 Jan. 26
2 Oct.
7 *4 Mar. 5
I l l V Oct.
131V Apr. 13
21*4 Aug
51V May 3
4 V Oct.
11*4 Apr. 13
11*4 Oct.
23 Apr. 14
45 Aug
75 Jan. 29
5 Feb.
10 V Apr. 12
38 Mar.
4634 Jan. 17
72 Jan.
9734 May* 5
190 Aug
200 Jan. 29
50 Nov.
82 V Apr. 5
124 Aug.
148 June14
77 Feb.
83 V Nov. 7
m
19 oct.
35 V Apr. 9
13 V Oct.
33*4 Jan. 18
9234 Oct.
114 V Jan. 18
58 Oct.
8634 June 30
13 Sept
19 V Nov. 15
40 V Aug.
58 V Jan. 20
30V Oct.
68 Jan. 5
38 Aug
53 V Feb. 9
80 Aug.
90 Jan. 18
38 Aug
53 Feb. 10
12 V Oct.
30 V June 30
34*â Aug.
55 Jam 8
76 May
95VSeiit.l4
77 Oct.
100V Jan. 19
10 June
18 Jan. 4
35 Oct.
48 V Jan. 20
Oct.
30 34 Jan. 18
35*4 Oct.
68 V Jan. 18
19 V Oct.
34 V Jan. 18
90 V Oct.
106 V Apr. 9
10 Oct.
19V Jan. 5
120 Feb.
129*4 J u n e ll
i 50 V May
64 V Jan. 22
1112 V OCt.
129V Mar. 10
7 Aug.
15VJan. 5
1334 Oct.
. 35 Jan. 4
90 Aug, 23 105 Feb. 16
8,334 Oct. 19 89V Mar. 6
27*4 Nov
40V Jan. IS
72 Aug.
83 Jan. 5
19 Oct.
52*4 Jan. 9
169 Jan.
183 May 28
1934 Aug.
29 V Apr. 14
4 V Oct.
8 V May 10
21 s4 May 10
14 Oct.
32 Aug.
4934 Jan. 20
23 V Oct.
53*8 June 14
56 Oct..
90 V June 141
2 . Oct.
14*4 Apr. 13
25 V Oct. — , 3634 Apr. 13
7 July 24; 1434 Apr. 24
20 V Oct. 11 32 June‘2634 V Oct. 17 89- Jan. 19
12 Aug. 30 ! 28 Jan. 18
46*4 Aug. 271 61 *8 June 15
129*4 Sept,.24 138 Jan. 16
15 V Apr. 16
4 V Oct,
72 July 23
.47 Jan.
21 Feb.
39 June
14 Aug.
23 Apr.
35 Oct.
85 June19
80 Oct. 4 103 Apr. 11
20 V Oct. 17 36*4 May 31
41 Aug. 14 59 V June 2
87 Oct.
100 V Jan. 11
33 Aug.
40 V Jan. 9
90 Nov.
9734 June 16
tlOO Nov.
169 V Apr. 16
19 Oct.
43 Jan. 18
10434 Jan. IS
84 V Oct.
15 Aug.
36*4 Jan. 18
29 V Oct.
57 V Jan. 18
59 V Oct. 20 69 V June 15
121 July 18 J.40V Aug. 30
14 Oct. 13 39 V Apr. 16
102 V Oct. 17 112*8 Apr. 14
15 Aug. 31 25 Jan. 17
55 Mar. 13 125 July 20
66 Oct. 18 9ÍV M ar.
96 Oct. 17 150 June14
28 Aug. 14 443« Apr. 0
17 Feb. 23 134 June13
5 V Oct. 24 9 V Mar. 3
31 Oct. 24 46 V Mar. 6
7134 Aug. 16 88*4 Junel4
126 V May 5
88 Mar. 16
55 V May 17
113 Oct. 26
135 Jan. 5
94*4June 9
65 V Jan. 6
128 June.21
127 Ang. 24 135- Oct. 5
10 Nov. 15 17 V .1une 18
140 Feb. 10 150 Oct. 5
31 Feb. 26 68V May 9
78 Aug. 27 92 Mar. 12
99 V July 31 107 June 9
138 Feb. 19 138 Feb. 12
15 Oct. 30| 34 Mar. 8
13 Nov. 15 27*8 June 19
20 Jan. 91 31 V Apr. 2 i
82 Nov. 13 96V Jan. 19
24 May 181 27 V Jan. ih
8 Niiv. 14 19 Jan. 19
9 Oct. 12 14 Jan. 4
18 Feb. 101 35 V J an. 8
260 Nov. 12 28034 July 21
t Lowest price is ex-dividend.'
2934 58*4
97 V 117
65 V 92 s4
133 140
3 7f 21V
116H 150 V
38 H 74 V
16
8
15V 26 V
86s4
68
6
16
45 110
72 111*4
196 208
61
92V
12734 150 V
30
49 V
23 V: 45
20*s
98
49 V 65
14 V 24
46 V 100»4
78
57
40
60V
82
98 V
56
40
37
15
42*4 82 V
93
77
77 105
21
13
4,1*4 58*4
3634
19
59
77
26 V 42 V
86 V 'il2 V
353412
II934 128
47
87 V
123 V 138
10V 17 V
27
37 V
100 109 V
33*4
67
45
168
-20V
4334
88*4
60 V
186
31V
44*4! 60
2834! 54V
6634 100V
11V: 25V
27
42
11
23V
S3?4 36
98 84
60
3934
23
4634 67 V
130 139
13
40
52 250
23 263
17 V 36 V
20 V 50
55
94 V
31
46 V
43
66 V
7934 106V
4234
26
68
99*4
108 V 166V
34
55
98*4 II934
23 V 39 V
45 V 71V
65
125
25
74
132
537*
IO234, II934
19V 80V
55
37
128 163V
3234 48 84
117 145
8
14 V
40
62V
76 V 93V
133 149 V
90
97 V
02
80V
125 132
126
14
130
50
82
91
138V
20
15
25
92
27 V
15 V
13V
33
240
135
30
146
104
96 V
9134
140
40
31
62 V
100
36 V
1984
23
40
245
THE CHHOMCLE
N ovember 17, í§c£, i
581
QUOTATIONS OF STATE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES.
STATE
SECURITIES.
Ask.
Alabama—
81%
Class A, 3 to 5,1906.
Class A, 3 to 5, small
Class B, 5s, 1906........--Class C, 4s, 1906........... --68,10-208 ,190 0......... --Arkansas—
6s, funded, 1899-1900 .. ...
7s, L. Rock & Ft. S. iss.j ...
7s, Memp.& L.Rock RR| . ..
7s, L. R.P .B .& N .O .R R ...
7s, Miss. O. & R. R. RE
7s, Arkansas Cent. RR,
Connecticut—6s, 1883-4..
Georgia—Os, 1886 ..........
7s, new, 1886.................
7s, endorsed, 18 86........I .........
-7s,gold, 1 8 9 0 ................ ! . . . . . .
Louisiana—
j
7s, consol., 1914 ............1 7334
7s,sm all......... . ...............I
.......
Bid.
SECURITIES.
Louisiana—Continued—
Ex-matured coupon....
Michiaran—
7s, 1890.......................
Missouri—
6s, due 1886..................
6s, due 1887...................
6s, due 1888..... .............
6s, due 1889 or 1890....
A syl’m or Univ.. due ’92
Eunding, 1894-95 ........
Hannibal & St. Jo., ’86.
Do
do
’87
New York—
6s, gold, reg., 1 8 8 7 ......
6s, gold, coup., 1887___
6s, loan, 1891...............
6s, loan, 1892 . . .............
6s, loan, 1893.................i
N. Carolina—6s, old, J.&J.
6s, old, A .& O......1......... 1
64
106
107
109
110
113
117
109
109
108
108
113
115
117
30
30
BONDS.
Ask.
SECURITIES.
N. Carolina—ContinuedNo Carolina RR., J.&Jt
Do A.&O................ t
Do 7 coup’s off, J.& J.
Do 7 coup’s off, A.&O.
Eunding act, 1866-1900
Do
1868-1898
New bonds, J.&J., ’92-8
Do
A.&O........ |
Chatham R R ......... .......
Special tax,class 1, ’98-9
Do
class 2 ........
Do
to W. N. C. R R .
Western R R ...
Do
Do
Wil.C.&Ru.R.
•W ’n. & T arR .
Do
Consol. 4s, 1910............
Small............. : . . . ..........
Ohio—
6s, 1886.........................
Rhode Island—
6s, coupon, 1893-99..,..
R A IL R O A D
Del. L. <fc W.—Contin’d—
1st, consol., guar., 7s.
N.Y.Lack. & W —1st, 6s
Dèi. & Hud. Can.—1st, 7s
7s,1891..........................
1st, ext., 7s, 1891..........
Bid.
160
160
135
135
10
10
16
16
Ask.
SECURITIES.
Bid.
South Carolina—
6s, A ct Mar. 23, 1869)
non-fundable, 1888. f
Brown consol’n 6s, 1893
Tennessee—6s. old,1892-8 38
6s, new, 1892-8-1900 ...
6s, new series, 1914__
C’mp’mise,3-4-5-6s,19l2 403,
Virginia—6s, old............ I
6s, new, 1866.............. 1
6s, new, 1867..........."
6s, consol, bonds___....
6s, ex-matured coupon. 456s, consol., 2d series__
6s, deferred....................
District of Columbia—
3-65s, 1924...................
Small bonds...................
Registered....................
Funding 5s, 1899..........
Do
small.............
Do
registered...
Ask.
40
BONDS.
1—
1
’Pitts. B.&B.—1st,6s,19111 ........ 90
122%
... 99 V 101
Coupon, 5s, 1931.
Rome W.&Og.—lst.7s,’91 107%
117% 117%
.......
Con. 1st, ex. 5s, 1922.:. 70% 72
9Í
.......
103%
Jack.Lan.& Sag.RoCh.&
Pitt.—1st,6S.1921 *106% 107
........
Mil. & No.—1st, 66
0. *....... 92%
Consol. 1st, 6s, 1922__
93% 94
99%
21
99
Rich. & Al.—1st, 7s. 1920 —
72
........
Íl4%
27 125 130
Rich.&
Danv.—Cons.g.,6s
97
94% 95
Atl. & Pac.—1st,
1st, Pa. Di v.,cp.,78,1917 126
09 120
Debenture 6s. T.927... . .
59%
1^112%
Balt.& O.—1st,6s,
Alb. & Susa.—1st, 7 s... 111
.
102%
2d, 7s, 1891.
Atl.&Ch.—1st, p., 7s., *97 ’ 108
‘
3
4
"
Bost. Hartf. & E.103%
1Ó 11238 113
S’thw.Ext.—
Incomes, 1900........... y *65
*25
121 123
1. 10012 100% SciotoVal.—1st. cons., 7s. *90
Pac. Ext.—li
96
102% Í02%
1st cons., 6s, 1906......
20 83»i 84
St.
L.
& Iron Mt.—1st, 7s 113% 113%
*128
Minn.&St.L.Rens. & Sar.—1st. coup. 1 3 Ï "
.. 107 107%
2d, 7s. 1897.................... 107% 108
Í13%
1st, reg.. 1 9 2 1 ......... *130
66
1
64
Arkansas Br.—1st. 7s... 107% 108
J Í 0 3 " 105
Denv.& Rio Gr.—1st,1900 105% i'oe”
)0 103
H. & Cent. Mo.Cairo & Fulton—1st,7 s. 108% 111
lst, 5s, 1921..............
1st consol., 7s, 1910___ 91% 93
s. 105 i ô é ” 1 Cairo Ark. & T.—1st, 7s 108
Mobile & Ohio.—Is
98% 100
B uf. N. Y. & Phil.—1st, 6;
Denv.So.P.&Pac.—1st,7s. 92% 96
Collât. Trust, 6s, 1892 .
Gen. r’y& 1. gr., 5s. 1931 73% 74
Can. So.—1st, int. g ’ar. 5 ! 97%
71
Den.& R ioG.W est.-lst,6s 70
Morgan’s La. & T.3s .......
St. L. Alton & T. H.—1st. 114%
91%
2d, 5s, 1913.................. I 85
Det.Mac. & Marq.—1st,6s
7s 119 12Ó
2d, pref., 7s, 1894.........
Central Iowa—1st, 7s, ’99 ‘ 105 108
Land grant, 3%s, S. A ..
.. 1011. 102%
2d, 6s,1901____
2d, income, 7s, 1894__ 105
!
*80
80%
East. Div.—1st, 6s,1912
120
E.T.Va.& G.—1st,7s,1900;
108
..
1067,
N.
Y.
Central—6s.
Bellev.&S.
111.—1st, 8s 115%
Char. Col. & Aug.—1st,7s 100 107
74%! 75%
1st, cons., 5s, 1930........
Deb. certs, extd. 5s . 103 * Î - ...... St.P.Minn.&Man.—1st,7s 110 110%
Ches.& Ohio—Pur. m’ yfd. 1 ........ 116
Divisional 5s. 1930....... 93%!....
7s 130^ 130% 2d, 6s. 1909....................
N.Y.C. & H.—lsi
108%
109
6s, gold, series A, 1908.
Eliz.C.& N.—S.f .,del).c.6s ...... 80
128. ____
1st, reg., 1903.
Dakota Ext.—6s, 1910.. '107%
6s, gold, series B, 1908. 98% ’•99"
1st, 6s, 1920..................
5 105%
Huds. R.—7s,2d
1st consol. 6s. 1933...... 100% 100%
- cnrrencj
cfw 1 9 1 8 ...... ! 52% 62% Eliz. Lex. & Big S.—6s... 101%!101% Harlem—1st, 7s.
6s,
*128% 130
Min’ s Un.—lst,6s,1922.
100% 101
Erie—1st, extended,78... ... . . . 1127
6 119 120
St. P. & Dul.—1st,5s,1931
90
Ches.O.&S.W —M.5-6S... 84
2d, extended, 5s, 1919.. 105 ---5 ........ ........ So. Car. Ry.—1st, 6s, 1920 103 104
123%
107%U0S%
Chicago & Alton—1st, 7s.
4th, extended, 5s, 1920.
0 39% 43%
95 100
2d, 68,1931 ...........
114
Sinking fund, 6s, 1903.
5th, 7s, 1888................. 111 I.........
. 39% 42%| Shen’d’h V.—1st, 7s,1909 109 110
Trust Co., receipts.
La. & Mo. RiV.—1st, 7 s.
1st cons., gold, 7s, 1920. 126%!l27% 7.Y. & New Eng.—Is
s*104
Genera], 6s, 1921..:.. . 74
80
2d, 7s, 1900................
1st cons., fd. coup., 7s.. *125
*92
1st, 6s, 1905...........
Tex.Oen.—lst,s.f.,7s,19( 9 *105
11634 117%! Reorg., 1st lien, 6s,1908 103% ......
1 102 102%' 1st mort., 7s, 1 9 1 1 ...: _ *105 . . . . . .
. . ... .
Long Dock b’ds, 7s, ’ 93. 116%'........
*89 ........ 7
s .......
2d (360), 7s, 1898...... *115
Buff.N.Y.&B.—1st,1916, *131 (133%
s 76% 76%
0 *....... . 25%
2d, guar. (188),7s,’98. ......
N. Y. L.E. & W.-New2d 6 96% 96%'
s 79
80
0 : ___
Miss.R.Br’ge—1st,s.f.6s - - - - 95
Buf.&S.W.—M. 6s, 1908
62 ........ IVa. Mid.—M. inc.,6s,li 7 63
Debenture, 6s, 1897.
64%
C.B.&Q.—Consol. 7s,1903 12 8% !...... Ev. & T. H.—1st, cons., 6s 98 XÖÖ“ I
91
\
s 90
Wab. St.L. & P.—Gen’l S 72
73%
5s, sinking fund, 1901..
Mt. Vern.—1st, 6s. 1923'
107
s
Chic. Div.—5s, 1910 . . 7614 77
91%|
92
5s, debentures, 1918
Fl’t &P.M’rq.~M.6s,1920 109 1
Nevada Cent.—1st, 6s.
85
Hav. Div.—6s, 1910 .
Ia. Div.—S. F., 5s, 1919,' 107
Gal. Har.&S.Ant.—lst,6sl 104 1105
s 103% Í03%' Tol.P.&W.—lst,7s,l{ 7 Í05
£« 90% - 2d, 78,1905....................1 . . . . . . 1109 %NN. Pac.—G. 1. g„ lst.cp
S .F .,4 s, 1919..........I 00
103%
. 81
90
Iowa
Div.—6s,
1921.
Denver Div.—4s, 1922. J 86
Mex. & Pac.—1st, 5s. ..I
------I N.O.“Pac.
Ó ........ 87%' Ind’polis Div.—6s, 1{ 1 .......
Plain 4s,1921
2d, 6s, 1 9 31............ .N
. 101%
Detroit Div.—6s, 192
C. R. I. & P.—6s, cp.,191? 126 %'........ Qr’n Bay W.&S.P.—lst,6sl 80
2 97
98% Cairo Div.—5s, 1931.
80 j N ew R lv’r—1st,6
’ .77^
6s, reg., 1917................. *____ 12832 Gulf Col. & S.Fe—78,1909 114 ; " ; v l Ohio & Miss,—Cons
. *117% 118
Vabash—M.,7s, 190 . 85
106 *4 Han.& St. J os.—8s, CQnv.. 104%! 104 % Consolidated 7s, 1898 .. 118 120
Reo. <£ Des M.—1st, 5s.
Toi. & W .—1st, exc. s 107 __
!
i
l
i
115
Central of N, J.—1st, ’90,
|H2%
Consol. 6s, 1911............•.
121%
98>i ... . . T
1st, 8t. L. Div., 7s, ’ _.
1st consol, assented, ’99 r 112% 113 f Hous.&T.C.—lst,M.L.,7s! 110 110%
s 117% 118%
2d, ext., 7s, 1893...... .
98*1
Conv., assented.7s,1902 1 112%
1st; West. Div., 7 s........| 107%| 108
j 68
30
Equip, b’ds, 7s, 1883..
!
104
104%!
117
Adjustment, 7s, i903
1st, Waco & N., 7 s........
76
86
1st
Ter’lTr.,
6s,
1920...
87
Leh.&W.B.—Con.g’U.as 103% 103%
2d consol., mainline. 8» 119 122%
105% 106
1st Min’l Div., 6s, 1921.
Am.D’ k&Imp.—5s,1921 88% 91
2d, Waco & No.,8s,1915
Ohio 80.—1st, 6s, 1921. . if 82% 84
98% 98%
2d,
7s,
1893...
*131%
132%l General, 6s, 1 9 2 1 ......... "96' ,98
C.M.& St.P‘.—1st, 8s. P.D.
Oreg’n &Cal.—1st,6s,192 L . . . . .
Q. & T.—1st, 7s, 1890.
124
102 pr.& Trans’l-—6s,’82-192
2d, 7 3-10, P. D., 1898..
Hous.E.&W. T e x —1st,7s
84%,
...... „ ‘
Han.&Naples—'
1st, 7s, $ g., R. D., 1902. Í25
2d, 6s, 1913.................... '7 9 '
90
93
[Oreg. Imp. Co.—1st, 6s.
*95 100
Ill.&So.Ia.—1st
118%- Ill.Cent.—Sp.Div.—Cp. ~ ’ 114%
1st, LaC. Div., 7s. 1893.
St.L.K.C.&N.—
107
1st, I. & M., 7s, 1897... i l 9% 122
’ 108
Middle Div.—Reg., 5i
97%
106
Oni. Div.—1st,
1st, I. & D., 7s. 1899.... *122 123
C.St.L.&N.O.—Ten.l.,7s 117
97
Ciar’da Br.—6
*80
1st, C. &M ., 7s. 1903... 124 125
1st consol., 7s, 1897 .. 117
! 80 v.
Consol. 7s, 1905............ 124% . . . .
15
2d, 6s, 1907.................
113 113%
Ipac.RRs.No. Missouri—1st, 7s 118% 3.2Ô
101%
102%
2d, 7s, 1884 ..............
Gold, 5s, 1951............ 107 % 108%
*107 ....... W
West. Un. Tel.—1900, cp 112 113
123 I
1st, 7s, I.&D. Ext.,1908
2d Div., 7s, 1894........
1900, reg.....................T *112
Cal. & Oregon—1st, 6s *103
S. W. Div., 1st, 6s, 1909.' 108
Ced. F. & Minn.—1st. 7s '114
...... M
State Aid bds., 7s, ’84 *102
N.W.
Telegraph—7s,1904
1st, 5s,LaC.&Dav.,1919 94
Ind. Bl. & W.—1st prf. 7s 115%
103% .04% Mut.
M
Un.T.—S.F.,6s,1911 '84% ‘ 84%
Land
grant
bonds,
6s.
ist,S.Minn.Div.6s,1910 109 109%' list, 4-5-6s, 1909............
.11
O
Oregon RR. & N.—1st, |
108
West. Pac.—Bonds, 6s
T
ó
"
1st, H. & D ., 7s, 1910..I 119
2d, 4-5-6s. 1909.............
INCOME BONDS.
So. Pac. of Cal.—1st, 6s. 102%|
Ch. & Pac. Div.,6s,1910 111
East’n Div.—6s, 1921... 94%
S. Pac.of Ariz’a.—lst,6s ........ 1 ...... (I
(Interest
payable
if
earned.)
1st,Chic.&P.W„5s,1921 94% *95 1Indianap. D. & Spr.—1st,7s 102
A
Alleg’y Cent.—Inc., 1912.
Union Pacific—1st, 6s.. 115% .16
Min’l Pt. Div.. 5s. 1910. 91% 92%' 2d, 5s, 1911....................
Atl. & Pac.—Inc.. 1910... ’ 27% *2*7%
Land grants, 7s, ’87-9. 107% .08% A
C.& L. Sup.Div.,5s,1921
Int.& Gt.No.—lst,6s,gold 107% 108
95
99
of N. J.—1908__
C<
Sinking funds, 8s, ’93. 117 I.17% Central
Wis. & Min. D „ 5s, 1921 91% 92% Coupon, 6s, 1909...........
83% 84
Collateral Trust, 6s...
Gent. la.—Coup.debtctfs,
C. & N ’west.—S.fd.,7s,’85 105%! 106
Kent’kyCen.—M.,6s,1911
____ Cl
Ch.St.P.&M.—L.g. inc.,6s
do
5s,
1907
Consol, bonds, 7s, 1915. 130
L.Sh’re-M.S.&N.I„s.f.,7s 10332
109
Eans. Pac.—li '
...... Cl
Chic. & E. 111.—Inc., 1907 '*96" ib*2%
Extens’n bonds, 7s, ’85.
Cl eve. & Tol.—Sink, fd 105%
110
12
D
DesM.& Ft. D.—lst,inc.,6s
1st, 6s, 1896
1st, 7s. 1885................... 10 5% ........
New bonds, 7s, 1886. 106 i ‘06%
Det. Mac. & Marq.—Inc..
Den. Div.,6s,as’d,’ 99 107% ...... D
Coupon,gold, 7s, 1902.. 126% 127% Cleve. P. & Ash.—7s__ 112
32% 32%
E
1st consol., 6s, 1919. 98% 99% E.T.V.&Ga.-Inc.,6s,1931
Reg., gold, 7s, 1902...... 127
Buff. & Erie—New bds 120
25
G. Bay W.& St.P.—2d,inc. 15
C.Br.U.P.—F.c.,7s,’95
Sinking fund, 6s, 1929.
115
110
Kal. & W. Pigeon—1st
Ind. Bl. & W.—Inc., 1919
91%
At.C.&P.—1st,6s,1905
Sinking fund, 58, 1929. 102 102%
Det. M. &T.—1st,7 s.1906 123%
Consol., Ino., 6s, 1921.. 30
90
42%
At. J.Co. &W.—1st, 6s
124
Sinking f’d.deb. 5s,1933 93
121
93%
Lake Shore—Div. bonds
95% Ind’ s Dec.& Spr’d—2dine
Oreg. Short L.—1st,6s 95
Escan’a& L.S.—1st, 6s-.
127
consol., coup., 1st, 7s *
Trust Co. certificates
Ut. So.—Gen.,7s ,1909 106
Des M. & Min’ s—1st, 7s
Consol., reg., 1st. 7s. *125 126%'
Leh. & Wilkesb. Coal—’88 *65
Extent 1st, 7s, 1909 99 100
122%!
Iowa Midland—1st, 8s.. 127
Consol., coup., 2d, 7s 122
103
Lake E. & W.—Inc.7s, ’99 38% 40
Mo. Pac.—1st, cons., 6s.
Peninsula—1st,conv. 7s 120
Consol., reg.. 2d, 7s.. 121% 122
35
Sand’kyDiv.—Inc.,1920 34
3d, 7s, 1906.............. ;. 113% 114
Chicago & Mil.—l8t,7s. 121 123% Long Isl. R.—lst,7s. 1898 115%
45
Laf.Bl.&Mun.—Inc.7s,’99 40
Pacific of Mo.—1st, 6s 106
99%
__l?£
Win.& St. P.—1st,7s,’87 108 111
1st consol., 5s, 1931
*80
Mil.
L.
S.
&
W.—Incomes
2d,
7s.
1891.............
118
2d, 78.1907............... 119 123
Louisv.& N.—Cons.7s,’98 *
70
99
Mob. & O.—1st prf. deben w
St. L.& S.F.—2d,6s,cl.A *96
Mil.&Mad.—1st,6s,1905 111
Cecilian Br’ch—7s. 1907 106
35
38
2d pref. debentures......
95%
3-6s, class C, 1906 __
120
C.C.C.& Ind’s—1st ,7s,s.f.
N.O.&Mob.—1st,6sl930 91
27
3d pref. debentures......
3-6s, class B., 1906.... 95
Consol. 7s, 1914............. Î2Ï" 121% E. H. & N.—1st,6s,1919 103
32
4th pref. debentures— *tiVl
1st. 6s, PeirceC.&O..
Consol. S. F.,7s, 1914..
95%
72%
General, 6s, 1930....... ........
N.Y.Lake E.&W.—Inc.6s
Equipment, 7s, 1895..
C.St.P.M.&O.—Consol., 6s 109% 110
52%
Pensac’la Div.—6s, 1920
Gen. mort., 6s, 1931.. 99% 101 N.Y.P.&O.—lstinc.ac.,7s
C.St.P.&M.-lst,68,1918 113 114
St. L. Div.—1st, 6s,1921
14
Ohio Cent.—Income, 1920 12
So. Pac. of Mo.—1 s t.. 104%!
N. Wis.—1st, 6s, 1930
55
2d, 38,1980...............
Min’l Div.—Inc. 7s,1921
Tex.& Pac.—1st, 6s, 1905 105 1Ö7*
St.P.&S.C.—1st,68.1919 Í14 114%
Nashv. & Dec.—1st, 7s. 116%
28%
Ohio So.—2d inc., 6s, 1921
Consol., 6s, 1905........ 91
Chic.&E. 111.—lst,s.f.,cur. 97%
S.&N.Ala.—S.f.,6s,1910
50% Ogdens.&L.C.—Inc., 1920
50
Income & Ld. gr., reg
Chic.St.L.&P.—1st,con 58 83
85"
48
Leban’n-Knox—6s,1931 100 ____
76% PeoriaD.&Ev.—Inc.,1920 45
lst,RioG.Div.,6s,1930 76
1st, con., 6s, reg., 1932.
45
Louisv.C.& L.—6s, 1931 ’ 102
Evans. Div.—Inc., 1920
Pennsylvania RR.—
Chic. & Atl.—1st, (¡8,1920
L. Erie & W.—1st. 6s,1919 93% 94
Pa. Go’s guar. 4 %s,lst c. 96% 96% Peoria&Pek.Un.—Inc.,6s
Chic.&W.Ind.—lst,;s f.6s
Sandusky Div.—6s,1919 91
Roch. & Pitts.—Inc., 1921 *43" *45%
96
Registered, 1921........ 94
Gen. M., 6s, 1932.........
33
93% Pitt.C.&St. L.—1st, c.7s
Laf. B1.& M —1st, 6s,1919 91
Rome W. & Og.—Inc., 7s. 33
Col.& Green.—lstB s,1916
.....
So. Car.Ry.—Inc.,6s, 1931 67
Louisv.N.Alb.&C,—1st,6s 100
1st, reg., 7s, 1900.......
2d, 6s. 1926...............
St.L.&I.M.- lst,7s,pr.i.a
87
Manhat.B’chCo.—7s,1909
2d,
78,1913.................
Col.H.Val.&Tol.—1st, 5s
St’gl.&Ry.-Sei B.,mc.’94
80% N.Y.&M.B’h—lst,7s,’97
Pitts. Ft. W. & Ch.—1st 137
Del. L.&W.—78, conv.,’92 116 117
St.L.A. & T.H.—Div. bds.i *45” 5 5 "
Marietta & Cin.—1st, 7s.
2d, 7s, 1912................. 133
Mortgage 7s, 1907........ *126
Shena’h V —Inc.,6s,1923
Metr’p’lit’n El.—1st,1908 101 io i%
3d, 7s, 1912................. *127
Syr.Bing.&N.Y.—lst,7s 124*4 126% 2d, 6s, 1899 ..................
88 I Clev. & Pitts.—Cons. s.f. ! 122 % 123 Tol.DeL&B.-Inc.,6s,1910
Morris & Essex.—1st,7s *134 [136
__
Dayton Div.—6s, 1910..
Mex. Cen.—1st, 7s, 1911. 60
111 %
4th,
sink,
id.,
6s,
1892.1
110%
2d, 7s, 1891___ ____..i 114% ___
Mich. Cent.—Con.7s.1902 123 123%l St.L.V.&T.H.—lst,g.,7s *114%
Tex.&8t.L.-L.g.,inc.l920
- Bonds, 7s, 1900..... t.j 110 ... .
Consolidated 5s, 1902.. 103%
Gen. L. Gr.& Inc.—1931 *21
.....
^ 2d. 7s, 1898................. ........
--7a of 1871,1901........ 117
68.1909.......................... 1
Tex.&St.L.inMo.&A.-2d
2d, guar., 7s, 1898___I .........
No price Friday—these are latest quotations made this week,
1 Coupons on since 1869.
Railroad Bonds.
(Stock Exchange Prices.)
Ala.Central—1st, 6s, l91t
Alleg’y Cen.—1st, 6s,1925
THE CHRONICLE.
532
RAILROAD
EARNINGS.
The latest railroad earnings and the totals from Jan. 1 to
latest date are given below. The statement includes the gross
earnings of all railroads from which returns can be obtained.
L atest E arnings Reported.
Roads.
Week or Mo
1883.
1882.
New York City Banks.— The f ollowing statement shows the
condition of the Associated Banks of New York City for the
week ending1at the commencement of business on Nov. 10:
Average amount of—
Banks.
Jan. 1 to Latest Date.
1883.
1882.
$
*
["Vo l . XXXVII.
New York.......
Manhattan CoMerchants......
Mechanics’ ......
Onion..............
America.......
Phoenix..........
City..................
Tradesmen’s...
P ulton.......... .
Chemical.........
Merchants’ Ex..
Gallatin Nat__
Butchers’& D r..
Mechanics’ & Tr
Greenwich........
Leather Man’f ’s
Seventh Ward..
State o f N. Y ...
American Excb.
Commerce........
Broadway.........
Mercantile........
Pacific...............
Republic..........
Chatham..........
People’s............
North America.
Hanover ..........
Irving................
Metropolitan...
Citizens’ ............
.Nassau.............
Market..............
St. Nicholas......
3hoe & Leather.
Corn Exchange.
Continental......
Oriental....... .
Marine.............
Importers’ & Tr.
Park .............. .
Wall St..............
North River. ...
East R iver.......
Fourth Nat’nal ,
Central Nat.......
Second Nation’!
Ninth National.
First National..
Third National.
N.Y. Nat. Evch.
Bowery Nat’na!.
N. York County.
Gerni’n Am’c’n .
Chase National.
Fifth Avenue...
German Exch. .
Germania.........
O. S. Nat..........
Lincoln Nat......
Garfield Nat —
Filth National..
663,887
845,063
8*714
112,147
Ala.Gt.Southern O cto b e r. . .
Ateh.Tor>.& S.Fe September 1,203,258 1,329,113 10,309,187 10,535,127
268,353 241,124
Buff.N .Y.& Phil. September
69,825 2,352,070 2,346,016
74,706
Bur.Ced.R.&No. l s t w k Nov
67,000 4,580,920 2,084,493
Canad’n Pacific. ls tw k Nov 128,000
1,594,300 1,458,449
165,914
171,800
C entral o i G a ... July
956,576
108,464 1,045,622
130,841
Central Iow a— October
21,503,150
20,677,341
2,424,529
O
c
to
b
e
r...
2,503,000
Central Pacific
362,767 351,310 3,242,054 2,780,889
Chesap. & Ohio O cto b e r. ..
6.940,391
Chicago & Alton ls t w k N ov 186,333 175,877 7,377,466 15,053,87y
Chic. Bur. & Q .. September 2,909,165 2,186,400 18,634,19“ 1,525,591
1,411,493
42,570
38,386
Chic. & East. 111. ls tw k Nov
57,709 2,436,659 1,811,831
59,345
Chic.& Gr. Trunk Wk Nov. 3.
16,842,516
Chic. Mil.&St. P. 1st w k Nov 560,000 493,478 19,681,00t 20,595.709
Chic. & Northw. ls t w k N ov 567,612 554,403 21,377,917
4,217,246
4,607,521
135,000
Ch.St.P.Min.&O. 1st w k N o v 147,400
30,809
29,674
Chic. & W. Mich. 1st wk Nov
1,963,325
1,902,660
55,532
57,866
Cin.Ind.St.L.&C. Istw k O ct.
2,115,494
Cincinnati South O c to b e r... 260,673 240,384 2,126,564 1,494,659
1,600,561
38,390
39,356
Cin. Wash.A Balt 1st wk Nov
422.327
448,871
17,678
15,148
Clev.Akron& Col 4th w k Oct
Clev.Col.C.& Ind September 405,246 452,246 3,051,076 3,162,337
24,634
32,712
September
Connotton V a l..
110,244
120,450
19,974
22,648
D anbury & Nor . J u ly ........ .
5,647,299
Den v. & R io Gr .- 2d wk Nov 132,100 125,900 5,710,350
748,800
25.800
Denv.& R.Gr.W. Cd wk N ov
286,756
276,102
8,8331
10,190
Des M o.& Ft. D. 4 th wkOct
28,197
28,840
D ei. Lan. & No.. ls t w k Nov
912,114
697.279
36.440
32,439
Dub. & Sioux C. 4th wkOct
230,548 222.685 2,971,337 2,796,813
Eastern ............. 3 wks Oct.
2,723,167
3,451,635
73.888
102,050
E.Tenn.Va.&Ga. 1st w kN ov
421,042
600,918
58.289
63.091
Eliz. Lex. & B.S O ctob er..
744,118
621,631
15,512
15,362
E vansv. & T. H. ls t w k Nov
55.672
43.289 2,165,205 1,796,628
Flint & P. Ma.ro. lstw k Nov
330,130
343,051
11,113
12,005
Flor. Cent. <fc W. ith wk Oct
399,933
329,523
11,613
16,989'
Flor. Tr. & P en . 4th w k Oct
8,600
11,250
. Ft.W. & Denver. ls tw k Nov
Grand Trunk.... Wk Nov. 3. 395,780 394,507 14,890,036 13,927,094
3 i 1,0 46
328,2 3 f
14,661
15,929
Gr.BayW.&St.P. 4th w k Oct
263,436 227,596 1,691,892 1,142,369
Gulf Col ASan.Fe O ctob er...
1,954,238
2,145,244
49,842
63,681
Hannibal & St. Jo lstw k Nov
215,152
266,332
24,097
37,429
Hous.E.&W.Tex O cto b e r...
Illinois Cen.(Ill.) ls tw k Nov 150,800 142,740 5,755.008 5,946,285
42,648 1,676,665 1,654,968
48,100
Do
(Iowa) ls tw k Nov
Do So. Div. ls tw k Nov 123,900 130,210 3,411,802 2,862,475
64,619 2,555,645 2,241,426
66,896
Ind.Bloom .& W. lstw k N ov
38,235
45,44
K.C.Ft. S. & G ulf 3d wk Oct.
67,126
80,687
October
i
..
Kentucky Cent.
904,546
159,725 146,451 1,201,405
K . C. Law. & So. September
32,671
25,542
■
stw
k
N
ov
L. Erie & West’ll
420,384
363,696
64,328
62,500
L. R. & Ft.Sinitli O ctob er..
220,044
311,488
39,687
55,207
L.Rk.M .Riv.& T. O ctob er..
49,995 2,408,515 2,202,<>77
52,901
L ong Islan d— ls tw k Nov
423,600
318,300
65,400
70,20t
La. & Mo. River. August —
Louis v.& Nashv. 1st w k N o v 327,210 276,225 11,890,475 10,522,473
72.000
Louis. Ev.&St.L. September
808,851 1,083,530
128,500 118,218
Mar.Hough.& O. O ctob er..
846,743
145,314 120,763 1,007,570
Memp. & Chari. O ctob er..
1,291,535
31,702
M exican Cent.. 3d wk Oct
248,737
14,192
D o No.Div 4th wk Oc
§7,800
Mex.Nat., No.D. ls tw k Nov
§10,800
Southern D iv. lstw k N ov
733,383
866,478
18,613
21,260
Mil.L.Sh.& West ls t w k Nov!
137,027 138,412 1,166,438 1,059,646
M mn.&St. Louis September
M o.Pae.,allline3 ls tw k N ov 826,612 800,278 30,489,116 25,932,139
Mobile & O hio.. O cto b e r... 250.313 267,674 1,6 38,8 4' 1,577.149
197,793 190,196 1,711,914 1,547,801
Nash.Ch.&St.L. September
N.Y.L.E.&West. August___ 2,580,956 1,843,144 14,859,875 12,994,017
346,239 297,030
O
cto
b
e
r...
N. Y.&N. E ugl’o
749,006
513,220
65,801
90.6S5
N. Y , Susq. & W. September
30,876
39,303
N orfolk <fc West. 5 dys Nov.
737,679
379.774
21.060
29,195
Shenandoah Y 12 ays Nov
4,255,773
5 45,727 557,558 4,552,13
Northern Cent., September
Northern Pacifii lst w k Nov 302.800 202,500 8,261,708 5,885,768
73,000
72,200
Ogdensb. &L. Ch September
926,712
'887,673
26,453
22,631
Oni.o Central— ls tw k N ov
354,626
319,824
9,741
- Ohio Southern. lstw k Nov
10,481
710,569
106,300
Oregon & C al.. September
2,970,364
2,379,833
Oregon Imp. Co September 382,242 330,307
655,050 523,291 4,534,321 4,294,538
Oregon R.&N.Co O ctob er. . .
Pennsylvania .. September 4,634,998 1,417,602 37,893,907 35,888.778
609,954
663,529
13,341
11,710
Peo. Dec. &Eve. Istw k N o v
Philadelp.& E rit September 336,274 386,455 3,042,434 2,909,154
Phila. & Read.* September 3,333,217 2,019,017 20,816,204 15,552,965
Do C. & Iron September 1,861,194 1,469,315 12,338,853 10,779,247
429,834 421,766 3,146,803 2,978,062
R ichm .& D anv.. O ctob er. ..
668,422
589,178
99,125
Ch’ICol.&Aug. O ctob er__
98,205
602,192
592,507
86,247 113,806
Columb. & Gr. O cto b e r. . .
176,167 167,017 1,413,266 1,244,526
Va, M idland.. O cto b e r...
312,121
200,510
West No. Car. O ctob er...
44,006
26,897
6,529
R och. & P ittsb’g 1st wk Nov
17,171
," R om e Wat. & Og September
172,848 175,711
141,638
24,679
132,450
St.Johnsb.& L.C Ju ly .........»
26,187
35,120 1,166,960 1,211,195
St. L.Alt. & T.H 1st wk Nov
30,258
D o (brohs.) 1st wk Nov
695,384
15,599
742,887
14,850
St. Louie & Cairo 4th w k Oct
326,448
309.305
10,008
9,216
St. L. Ft. S. & W O ctob er...
135,398
Si.L.&San Fran 1st w kN ov
87,073
77,705 3,171,815 2,989,601
33,725
29,760 1,130,012
St. Paul & Dul. ls t w k Nov
917,769
St. P. Minn.& M 1st w k N ov 195,048 226,072 7,014,655 7,323,993
692,S03i
So. Pac.Cal. N.D J u ly ........... 130,645 130,570
664,478
301,685 287.358 2,430,693 2,270,641
D o So. Div.J J u ly ....... ..
D o A rizona!. J u ly ........... 192,510 234,426 1,476,095 1,60'S,705
48,906
466,787
66,553
405,489
D o N. M e x i. J u ly ......... .
54,650
411,723
61,736
400,587
S cioto V a lle y ... September
926,984
132,821
121.359
847,964
South Carolina. September
123.000
O
ctob
er.
,
.
Tol. Cin. & St. L
Union Pacific..'. August . . . 2,576,446 2,827,901 18,557,212 18,813,182
857,873 1,122,279
104,768 111,270
Utah C en tral... September
339,604
34.842
45,114
303,951
Vicksb’rg& Mer, September
14,201,588
14,257,482
376,792
W ab.S t.L ,& P ... 1st w kN ov 371,531
982,919
105,583
884,485
W est J e r s e y ___ Septem ber 110,931
1,068,996
W isconsin Cent. . Istw k O ct. 1 30.758
Total.
Capital. Loans and
discounts.
$
9.266.000
7.047.000
0/65,300
7.730.000
4,*92 300
9.860.000
Legal
Tenders.
Specie.
1,685/00
1,627,000
1.174.300
839.000
045,<OO
1.317.900
796.000
2.350.400
305.500
417.900
2.972.301
457.100
548.000
383.700
128.000
28,700
345.900
253.900
360.700
938 000
2,692,300
880.300
1.005.900
4-8.800
839.300
481.700
157.100
324/00
1.780.400
359.500
1.909.000
391.000
185.300
650.100
255,810
Circula
tion.
476,300
348,200
1,100
253,600
8.2 >2,000
7,95?,000
796,000
2,932,500
1.654.700
13,300,400
3,207,800
4.642.100
1,708,900
991.000
1.019.100
3,131.600
1.216.700
4.843.700
5,00<LÖÖÖI 12,917,000
15,824,800
5.000.
000
1.000.000 5,5*5,500
1,000.000 5.917.900
422.700 2.263.200
1.500.000 4.399.100
450.000 4,048,500
1.539.400
200.000
700.000 3.281.900
9.496.100
1,000,000
500.000 3.050.800
11,849.000
3.000.
000
600.000 2.478.000
500.000 2,523,30
445,400
500.000 2.720.100
500.000 2.734.300
450,ÔÔÔ
666.000
500.000 3.094.000
4,600
1.000.000 4.744.800 235,400
450,000
1,000.000 6.003.700 1,441,600
90,400
300.000 2,0*4,000
540,000
400.000 3.972.000
1.500.000 19,144,400 4.781.400
2.000.000 16,620,10’ 3.466.000
108,100;
500.000 1.865.300
16,000
240.000 1.528.000
67.600
250.000 ' 1,135.700
3.200.000 15.492.700 2.844.400 j
1,187,000;
7.840.000
2 , 000,000
763,000;
300.00C 3.447.000
750.000 5,349,10Ò 994,800
2.657.500
13,938.000'.
500.000
43/1001,000,0 >C 5.030.300
82,300
800.000 1.403.200
247.500
» 250,000 1.927.400
17,100
1.862.100
200,000
286.600
750.000 2,594.600
45,000
5110.000 3,614,700 679,2071
481.300
100.000 2,‘*42,000
2/30,8 ‘0
72 000
1,919,900
200.000
2.270,000
81,900
1,964,500
200.000
4.856,100
999.300
500.000 4.611.000
3,033,400
583.300
800.000 2,346,310
707,000
889,800 . 29,100
200,000
1,0->7,500
S5.200
727,400
150,000
01312.700 S2i.944.900[54,145,900125,193,30ol310,S93,700115,409,500
The deviations from returns of previous week are as follows:
M
K
i *!;!»!
Legal tenders.................Inc.
11,700 |
7,800
The following are the totals for three weeks:
Circulation. Ago.Clear.
Loans.
Specie. L. Tenders. Deposits, fig
Oct88i"? . 324 912,100 52,452,800 24,380,500 308,563,400 15.319.903 900.819.828
{¿SwfoTO 823 554 600 54 352.600 25,181,600 307.386.900 w.fw.otw
Ni?v‘l0..’ .'.'32l.'944,900 54,195,900 25,193,300 310,.93,700 15,409.500 622,4a7,973
Boston Banks.— Following are the totals of the Boston banks;
Specie. L. Tenders.
Loans.
%
1883.
5.517*800
Oct. 29.. 143.946.000 5,76.V100
6.078,800 5,471,300
Nov. 5.. 144.833.01.0 6,632,300
5,283,800
i U .. 145,072,100
Philadelphia B a n k s .— The totals
are as follows:
Deposits.* Circulation.
27,111.200
27,o2?.3iO
27,140,000
93.288.500
06.381.700
98,588,600
Ago.Clear
69.002,632
77.604.702
71.721,449
of the, Philadelphia banks
J
„ _
Deposits.* Circulation. Agg. Clear.
$
$
*
70.046.819
9.283,001 59 423.536
■
09,023.948
9,*69,717
54,734,487
— ......"
49.547,446
M | J.
09,902,151
9,215,242
« Including the item “ due to other banks.”
1883.
O t. 29k
Loans. Lawful Money.
$
77 428,187
18,821,055
77 100 690
19,014,552
|H
wtotims
Unlisted Securities.—Following are quoted at 38 New Street:
Bid. Asked
B id. Asked
ASkf*
Missouri Pac., old st’k —
....
Am. R ailw ’y Im p.Co—
Cowdry Certfs......... .3*2
5
E x bonds and stock. .
N
.Y.
Mut.
U.
Tel.
st’k.
61
----Atl. & Pac.—6s, 1st.............
N. Y. W.Sh.&Bufi.—Stk
Incom es |.............
del.wh.iss.on old sub —
106
Blocks 35 per cen t.. 103
•5 s
74*4
75*2
Cent. B ranch..................
W .8.rec. fo r si’k iss’d
Am. Safe Deposit per
24
b y N. R. Const. Co. 22
petual deh’ure bds. ...
W .S.stk del when js’d
1
Bost.H .& E —New s l’k
78
on
N.
R.
Const.
Co..........
38
58
O ld.............................
W .S.stk del. when is’d
24I2
Buff. N. Y. & P h ila ... 23
26
on W in.L.&Co.cert 22
513*
P ref..............I............ 5012
86
North Pac. div. bonds. 84*2
27
Chic & Atl.—Stk.......... 18
79
No.Rlv.Const.—lOOp.c
75
28
do beneficiary s tk .. 18
N. J. Southern.......... . . .......
ls t m o r t ................. - ----Newb.
D
’tch
&
Conn—
Chic.&Can.South— . . . ...*
17
Incom es............ ......... 14?2
Commerc’l Teleg’ m Co.........
35
Ohio C.—R iv. Div. 1st. 33*2
P r e f -.-.---6*2
Incom es..................... 6%
Contin’t’lCons.Imp.Co ----20
Pensac. & A tl.......................
do
do
85 p.o.
414
1st m o r t ....... . ...................
California P a c ific .....
Pitts. & Western................. .
Den.& R.G .R ’y —Cons. 86
^2
86I2
87*2
ls t m o r t ..................... . . . .
753¿
75
S u b s... —
... Pul. Pal.Car Co. rights ----Denver Rio. G.-& West 11
Roch.&Pitts.
con
8.,lst
----.
.
.
.
68
ls t m o r t ....-.------10
Edison Elec. L i g h t - - 145 155 I St. Jo. & West.............. 5 ^
Tex.&Col.Im p.—60 p.o 90
S u b s ...... ................ 45«
lO ^
8 0 12 ] e x -h d .......................... 8*2
Ga. Pac. R ’y - Is* m -- 80
80
12
Tex. & S t. L . . . . . ......... . . . .
40
I. B. & W. inc. b d s.......... 60
1st m ort.,M .& A.div..........
8
Keely M o to r ................ 6
L.
&N.col.trust 8512
bds ’82 8780*2 Texas Pac. old scrip .. 40
N ew ............................ 3632
39
80
2d m bit. N. Or. D iv 75
U. ¡8. Elec. L ight..........112
5
434
Mexican. Nat..............
Utah Central, 1st___ a . . . .
3138
30
ls
t
m
o
r
t
......................
fO
* Since June 1st in 1883 includes earnings o f Cent. R R . o f New Jersey,
M.
U.St’kTrust C
erts.. 1 5 ^ Vicksb’g & Meridian... 434
47a
I512
t Exclusive o f transportation o f com pany freight,
P r e f.................
9
14
Mahoning Coal & R R - - i Included in Central P acific earnings above.
403s
1st m o r t . . . . . : ....................
M. K. &. T. inc. scrip. 4038
§ M exican currency.
N ovem ber
THE CHRONICLE,
17, l?t3,l
538
1880-81.
The I n v e st o r s ’ S u pplem en t contains a complete exhibit o f the
1831-32.
1882-82
......... . 3,746,448
Total gross ea rn in g s..L .
Operating e x p e n s e s .......................... 2,391,448
Paxes
.............. .....................
108,154
4,126,258
2,680,052
140,737
4 249 179
2,859.078
161,660
T o t a l . . . . . . . . . ........ ....................... 2,499,602
Net earnings............... ......................... 1,246,846
INCOME ACCOUNT.
2,820,809
1,305,449
3,020,738
1,228,441
Funded Debt o f States and Cities and o f the Stocks and Bonds
o f Railroads and other Companies. It is published on the
Receipts1880-81.
1881-82.
1 8 82-8 3.'
last Saturday o f every other month—viz., February, A pril, Net earnings.........................
i oao «¿ft
~
Je . ,
June, August, October and December, and is furnished with Interest and d ivid en d s....... ’ 61,175
’ 3?7,49 8
1,274,676
out extra charge to all regular subscribers o f the C h r o n ic l e .
Total incom e.|........................ .
1,308^021 ~ 3 8 2 , 9 4 7 ~ i ' 303 117
Single copies are sold at $1 p er copy.
AN N U A L R E P O R T S .
Old Colony R ailroad Company.
{For the yea r ending September 30, 1883).
The annual report gives the total balance to credit of
surplus September 30, 1883, as $762,515, and remarks that
this surplus contains the earnings of the company since June 1,
1883, and will provide in part for the dividend of January 1,
1881, and taxes due November 1,1883, “ On the sixth day of
March of the past year the Old Colony Railroad Company and
the Boston Clinton Fitchburg & New Bedford Railroad Com
pany were consolidated under the name of the Old Colony
Railroad Company. In this union the shares of the Old Colony
Railroad Company were made shares of the consolidated com
pany, and one share of new stock was issued for each share of
the preferred stock, and eight-nineteenths of one share for
each share of the common stock of the Boston Clinton Fitch
burg & New Bedford Railroad Company, making the cost of
the railroad and property of the last-named company $2,314,820
in stock and $3,557,915 in the amount of debt assumed, and by
these amounts the construction and property accounts were
increased by the anion.” The accounts show the earnings,
expenses, dividends, etc., of the Old Colony Railroad Company
from September 30, 1882, to March 6, 1883, and of the consoli
dated company from March 6 to September 30,1883. But in
the comparative statement of gross earnings, operating expenses
and traffic _items below, the figures represent the total fur both
the roads in the years given.
“ Considerable additions have been made to the equipment.
Nine new locomotives have been added in place of four old
ones condemned. Ten new passenger cars and one new parlor
car have been purchased or built in the shops, and two hundred
and thirtjr-two freight and coal cars have been purchased.
The cost of new equipment for the year is $226,375. In addi
tion, large expenditures have been made upon repairs of
equipment.”
*
*
*
“ The low price of steel induced the directors to make large
contracts for steel rails the past year. In all, ten thousand
tons were purchased, of which, however, only eight thousand
tons were delivered in season to be used prior to Sept. 30. The
cost of steel rails laid in place of iron, for the year, has been
$158,472. Out of 468% miles of railroad operated by the com
pany about 350 miles are now in steel.”
*
*
*
“ The business of the company seemed to require the early
completion of the second track from Mayflower Park to Middleborough, about twenty-one miles, and from Randolph to Fall
River, about twenty-six miles. The construction of these tracks
will add to the value of the property, and the expense will be
greater than can be paid from earnings without encroaching
upon dividends. A portion of this work has been done the past
year. The second track has been extended about nine miles to
Campello, and work has been begun at several points between
Randolph and Taunton. The cost of these tracks the past
year, $122,767, has been charged to construction. A further
extension will be made the coming year.
“ The charges to construction, equipment and land accounts
for the past year are as follows :
Cost Of B. C. F. & N. B. R. R........................................................$5,872,735
Land account uf B. C. F. & N. B. It. R..................... . .............
14,007
13,456
Completn n of Wliittenton branch..................................... . .......
Double tracks.................................................................................
122,767
Freight station at South Boston.......... ....... .................. 16,275
Land m Cokaseet, Taunton and Boston.....................................
11,867
Land and buildings in Boston on Cove and Kneeland streets.
17,023
$6,068,133
“ Since the union of the two companies, four thousand shares
of new stock have been sold at auction, for which a premium of
$146,000 above the par value was received. The premium was
credited to the improvement account. The balance remaining,
after payment for the new construction, was used to reduce the
debt of the company.”
The comparative statement of earnings, traffic, &c., for
three years is as follows :
r o a d and equipm ent .
Miles owned..................... ................;
Miles leased and controlled.............
1880-81.
301
155
1881-82.
303
167
Total operated......................
Locomotives......................................
Passenger, mail and express cars ..
Freight, coal and other cars............
470
456
115
110
267
268
2,856
2,595
OPERATIONS AND FISCAL RESULTS.
,.
Operations—
1880-81.
$
1881-82.
$
1882-83.
428
42
470
120
276
3,051
1882-83.
$
Passengers carried........................ . 5,924,030
6,593,471
7,144,651
Passenger milehge............................89,187,583 100,460,413 104,989,238
Freight (tons) m9ved...-. . . . . . . . . . . . 1,441,618
1,552,616 l,62n,5C9
Freight (tons) mileage.......................53,794,401 58,349,479 57,915,789
Disbursements—
Rentals p a id ......................
Interest on d e b t . . . . . . . . .....................
D eficit Union Freight R ailroad........
D iv id en d s... ..... ...... ............ .—
Im provem ent a c c o u n t........... .........
$
403,190
370,341
627
434,028
90,000
$
419 588
315’208
?202
489,697
95,000
' « ’
*101001
146,476
*608 006
57,634
Total d isb u r se m e n ts............ . 1,298,186 1,379,695
1,303 117
Balance, surplus....................
9,835
3,252
§ j f S '!
* The large increases and decreases here shown are caused b v the con"
solidation w ith Boston Clinton & Fitchburg RR., m aking the rentals less
but the interest and dividend accounts greater.
■
GENERAL BALANCE AT CLOSE OF EACH FISCAL YEAR.
.
,
•
1880-81.
1881-82.
1882-83. I
Assets—
'
$
- $
$
Railroad, buildings, & C . . . . . . .............10,794,339 11,076,276 16 1 8 6 3 8 7
2 165V 59
Equipm ent............ ................................ 1,191,319 1,191,319
Real estate . . . ............
286,988
286,988 , 286 988
*12 62 537
Various railroad a c c o u n ts ................ 1,229,066 1,244,424
Bills and accounts r e c e iv a b le ......... § 387,476
549,552
’437 916
Materials, fuel, & c . . . . . ........................
387.261
390,443
40 8’9'25'
Cash on.hand.........................................
154,551
161,730
215,129
87,399
82,479
166,513
M is c e lla n e o u s .................................
T otal.....................
14,518,399
14,983,-211 21,130,154
Liabilities—
7,533,800 10,248,620
Stock . . . ------ .•........................................ 7,533,800
Funded debt (see S u p p l e m e n t ) ___ 5,324,000 -5 ,3 2 4 ,0 0 0
8,886,900
Bills and accounts p a y a b le ................
438,798
1,009,975
.876,435
All other dues and accounts . . . ___
302,671
267,2 u l
264,612
Im provement a c c o u n t______ . _____
159,867
85,719
91,071
Surplus a c c o u n t .............. ............
759,263
762,516
762,516
Tptal liabilities................................14,518,399
14,983,211 21,130,154 >
* In 1883 this account was made up as fo llo w s : Old Colony Steamship
stock owned $725,500; Fall R iver Providence & Boston stock and bonds
owned $3 48,6 55; sundry other stocks, $1 28,9 80; Dorchester & Milton branch, $36,938; Union Freight RR., $22,464.
G E N E R A L IN V E S T M E N T N E W S .
Boston & M aine.— The report of this company will make
the following statement of earnings for the year ending Sept.
30:
1-882-83.
Gross earnings........................$2,991,430
E xpenses................................ 2,052,680
1881-82.
$2,850,730
1,948,481
Increase.
$140,700
104,199
$938,750
$902,249
$36,501
Net earnings...............
Extraordinary expenses for new equipment, second track,
&c., amounted to $109,377, interest to $245,000, and 8 per cent
dividends to $560,000, leaving a surplus balance o f $27,373 for
the year. Rentals are included in expenses.
Canadian Pacific.— In regard to certain incorrect allegations
as to the guarantee by the Dominion Government, the follow
ing official statement is made in a communication to the FT. FI
Tim es :
“ The guarantee is on the w hole outstanding capital o f the com pany,
of which there is now $65,000,000. The remaining $35,000.000 has
been deposited with the Government, and will be issued ir, or when, the
progress o f the com pany’s w orn renders it necessary. I f it is ever
issued in w hole or in part, it w ill have the same guarantee as that out
standing, and without that guarantee it cannot be issued.
“ So fa r from three-fourths o f the stock being water, not a single share
of it was ever issued except for a valid consideration, and the proceed^
o f every share d ep osed of went into the treasury o f the com p an y.”
*
*
*
*
*
*
* '
“ The charter incorporating the Canadian P acific Company becam e a
law on the 18th o f February, 1881, and the com pany was im m ediately
thereafter organized; since then it has com pleted about 1,500 miles o f
road, including branches, it has had about 470 m iles of road built b y
the Government, form ing part of its subsidy handed over to it free o f
cost, and these 1,970 m iles have been adequately equipped and are now
in operation. There remain to be built by the company about 660 m ile s '
and by the Governm ent about 230 miles, or $90 miles in all, and the
work is progressing rapidly and there is no reasonable ground to sup
pose that it will not be fu lly com pleted and in operation by the spring
of 1886. Has any railroad in this country ever been built as rapidly,
and, in the fade of what the com pany has already done, m ay I ask w h at
reasonable ground you have for your statement that there is no proba
bility w hatever that it will bo in operation b y 1891, possibly not before
1 9 0 0 1 Has there been anything w hatever in the com pany’ s course to give
the slightest warrant for such an insinuation 1 there has been nothing
w hatever connected with the Canadian P acific R ailw ay Company from
its organization to the present time o f w hich those conn ected, w ith
it have any reason to be ashamed. In conducting its affairs everything
has been done openly and above board, nothing has been dono in a cor
ner, its acts and m anagement are public, and there has been n o attem pt
to conceal them, and while they do not com p h iu o f criticism, or even o f
hostile criticism, nevertheless if there are any who wish to indulge in
it they do claim that those w ho do so should tell the truth, the w hole
truth and nothing but the truth. F or your inform ation I inclose you a
copy o f the com pany’ s charter and the general railw ay law of the
Dominion o f Canada.
D u n c a n M c I n t y r e , ?.
“ Vice-President Canadian Pacific Railw ay Company.*
“ N e w Y o r k , W ednesday, November 14, 1883.
Central Massachusetts.— This company was organized at a
meeting held in Boston, Nov. 10, by the bondholders who
joined in the purchase of the Massachusetts Central at fore
closure sale. The meeting adopted the following resolution:
“ Voted, That the capital o f this com pany he and is hereby fixed at art
amount equal to the aggregate o f the first m ortgage debt o f the MTassa-
534
.THE CHRONICLE
cliusetts Central Railroad Company, the unpaid interest thereon up to
and including the interest due Ju ly 1 ,1 883 , and the sum o f $3,500,000,
Baid last-named sum being the am opnt o f the capital stock o f the Massa
chusetts Central; and that the directors he and are hereby authorized
to issue preferred and com m on stock and scrip convertible stock, in ac
cordance with the provisions of chapter 64 o f the acts o f the Legislature
o f Massachusetts o f 1883.”
~
i& a
[V ol . XXXVII.
-------- -1882.------------
Gross Earn- Operating
Year ended Sept. 30.
ings
Expenses.
Second A v e n u e ....... .
$732,838
$593,696
Third Avenue................ 2,680,787
1,470,298
Sixth A v e n u e ............ 2,024,426
1,229,984
Ninth A v e n u e .........
535,582
374,392
;----------- 1883.— >------- ,
Gross Earn- Operating
ings.
Exoenses.
$529,538
$513,634
3,188,433
1,605,063
2,072.871 1,246,012
595,664
392,119
By-laws for the new company were also adopted aiid other
T o t a ls ...................$5,973,633 $3,668,370 $6,386,506 $3,756,828
necessary preliminary action taken for the organization of the Net earnings o f all lines................... $2,305,263
$2,629,678
company. The following-named gentlemen were unanimously Increase in net earnings................. ........................ .......................... $324,415
chosen directors : Samuel N. Aldrich of Marlboro, Thomas H.
"The detailed statement shows that the net earnings o f the
Perkins of Boston, Henry Woods of Boston, Lyman Hollings New York Company’s lines— Third and Ninth avenues—were
worth of Cohasset, Charles R. McLean of Boston, J. Edwin $1,786,915, while those of the Metropolitan Company— Second
Smith of Worcester, William T. Parker of Boston, Moses W . and Sixth avenues— were only $842,783. The raté of operating
Richardson of Boston, Elisha S. Converse of Malden, William expenses to gross earnings was as follows : Second Avenue,
M. Gaylord of Northampton, Henry F. Hills of Amherst, W i l 96 99-100 per cent; Third Avenue, 50 34-100 per cent; Sixth
liam Mister of Hardwick and Samuel Atherton of Boston.
Avenue, 60-11-100 per cent; Ninth Avenue, 58 52-100 per cent.
Cincinnati New Orleans & Texas Pacific.— Since this com The Third and Ninth avenue lines belong to the New York
pany has a line just completed from New Orleans to Cincinnati, Company and the Second and Sixth avenue lines to the Metro
politan Company.
it comes into the field as a competitor for Southern traffic. It
is reported from Cincinnati that a traffic contract has been con
New York Lake Erie & Western.— The earnings and ex
cluded between this company and the Pittsburg Cincinnati & penses of this company for the month of August, and eleven
St. Louis, under which all the southern business from the Penn months of the fiscal year, are as below. It should be stated
sylvania system will be given to this road, while this company that the earnings include in 1883 the accounts of the New York
agrees to give all its north and east bound business to the Penn Pennsylvania & Ohio since May 1, when it passed under the
sylvania at Cincinnati. It is said that the agreement provides control of the Erie Railroad Company. The total working ex
for a close alliance between the two systems.
penses of this leased line are reported, and in the gross
earnings 68 per cent of its receipts, since 32 per cent is paid as
East Tennessee Va. & Georgia.— A t Knoxville, Tenn., Nov.
rental. The figures for 1882 are for New York Lake Erie &
14, the stockholders of the East Tennessee Virginia & Georgia
Western only. The Chicago & Atlantic road being operated
Railroad Company met in annual session. A new board of
separately, its earnings are not included in this statement.
directors was elected as follows: E. W . Cole, C. S. Brice,
Month o f August.
1882.
1883.
Samuel Thomas, George I. Seney, E. J. Sanford, H . C. Gross
earnings...............
$1,843,144
$2,580,956
In e. $737,811
Fahnestock, John T. Martin, E. H. R. Lyman, Henry Fink, Working expenses.............
1,095,068
1,480,891
In e. 385,823
George Scott, C. M. McGhee, J. M. Johnston, Samuel Shethar,
R. H. Richards and George F. Baker. The company has just
Net earn in gs.......... .
$748,076
$1,100,065
In c. $351,988
bought 100 acres of ground in the suburbs of Knoxville, on
Oct. 1 to Aug 31.
. 1881-82.
1882-83.
which railroad shops for the entire system of the East Ten Gross earnings ..................$18,095,559
$20,189,112 I n e . $2,093,552
Working expenses . . . ____ 12,019,159 13,868,861 I n c . 1,849,701
nessee Virginia & Georgia Railroad will be erected.
Grand Trunk (Canada)— Boston & L ow ell.— A conference
o f representatives of the directors of the Boston & Lowell and
the Grand Trunk Railroads was held in Boston to consider the
informal proposition of the Grand Trunk to lease the Boston
& Lowell road. No agreement for a lease was reached, nor
was any formal proposition for a lease accepted. The Boston
Advertiser remarks : While it is true, therefore, that a lease
of the Boston & Lowell is probable, provided a guarantee of
rental commensurate to what the stockholders consider the
earning capacity of the road be givtn, it is at least doubtful
if the Grand Trunk and the Central Vermont, which are sup
posed to be interested in the proposed lease, will be disposed
to pay such a rental. It is pretty certain that the Boston &
Lowell directors will not go so far as to submit to their stock
holders any proposition looking to the payment of 6/£ or 7
per cent rental, as has been talked of.
Net earnings...........
$6,076,400
$6,320,251
In c .
$243,851
New York Stock Exchange.—The Governors of the Stock
Exchange have admitted to dealings at the Board the following
securities :
Rochester & Pittsburg Railroad Company — Consolidated
mortgage 6 per cent bonds, due Dec. 1,1922, for $3,860,000.
Pittsburg Bradford & Buffalo Railway Company— An ad
ditional $100,000 of first mortgage 6 per cent bonds, due April
1,1911.
New York West $hore & Buffalo Railway Company—An
additional $5,000,000 first mortgage 5 per cent bonds, due July
1, 1931.
Chicago & Western Indiana Railroad Company—First
mortgage gold 6 per cent bonds, due Nov. 1,1919, for $3,300,000;
and general mortgage gold 6 per cent bonds, due Dec; 1,1932,
for $10,500,000. Of the last-named bonds, $3,300,000 are held
by trustees for the retirement of the same amount of the first
mortgages.
Southern Pacific Railroad (of Arizona).— First mortgage 6
per cent bonds, series A, due March 1, 1909, for $6,000,000, and
series B, due March 1,1910, for $4,000,000.
Indiana Bloom ington & W estern.— From the report to the
Illinois State Commissioners for the year ending June 30,1883,
following figures are quoted : Length of main line and branches,
685 miles; total transportation earniDgs, $2,942,020, of which
$1,174,570 was by the passesger department and $1,767,450 by
the freight department; total operating expenses and taxes,
N. Y. W est Shore & B uffalo— Grand Trunk o f Canada.— It
$2,016,015; total additional expenses, $1,639,490; excels of
is expected that the New York West Shore & Buffalo Railway
income over operating expenses and taxes, $926,004; there was
will be opened its entire length to Buffalo Jan. 1. As to the
paid on account of interest and rentals $1,057,387, which left
rumors of a lease to the Grand Trunk of Canada, it has been
adeficit for the year of $131,383.
stated by parties connected with the West Shore road that the
Maine C entral.— The annual report will show the following negotiations had been conducted with the principal officers of
statement of earnings for the year ending Sept. 3 0 :
the latter road in London, and with Joseph Hickson, the Gen
1882-83.
1881-82. Increase. eral Manager, of Montreal. The expectation was that the ar
rangements would be concluded by the representatives of
Earnings............................ . $2,864.615
$2,623,117
$241,498
E x p e n s e s .:.. ...................... 1,939,706
1,683,701
156,005 the two roads here, and ratified on the part of the Grand Trunk
at a meeting in London. It was proposed to make a lease for
N et earn in gs......... ........$1,021,909
$939,416
$85,493 999 years. The North River Construction Company, which was
building the West Shore, controlled the road. The negotia
Per cent o f expenses....... ff
64*2
64 1
0'1
tions had not been entirely completed.
In this statement the earnings of the European & North
The Tiipes sa y s: “ Gen. Horace Porter, the President of the
American road, leased from April 1,1882, are included for the West Shore, declined to say anything on the subject for the
whole of both years, for purposes of comparison.
reason that the present understanding was confidential. Gen.
Edward F. Winslow, the President of the North River Con
Manhattan— M etropolitan Elevated.— At the annual meet struction Company, would say no more than that the West
ing of the Manhattan Elevated Railway Company, the former
Shore and Grand Trunk would be very closely allied. The
directors were re-elected without exception.
They are Jay
West Shore would join the Grand Trunk at Buffalo and at
Gould, Cyrus W . Field, Russell Sage. R. M. Galloway, Edward Niagara Falls, besides making a connection at Rotterdam Junc
M. Field, George J. Gould, Sidney Dillon, Samuel Sloan, John
tion west of Schenectady with the Boston Hoosac Tunnel &
H. Hail, Washington E. Connor, George S. Scott, Jose F. de Western, by which road and the State and Fitchburg roads
Navarro and H. F. Dimock. There will be no change in the or Boston would be reached.”
ganization of the Board.
[It may be remarked that, while negotiations are pending
The stockholders of the Metropolitan Elevated Railroad Com and yet incomplete, great caution should be exercised in “ dis
pany selected six new members— Herman O. Armour, of A r counting ” the precise terms of the agreement as to a guaran
mour, Plankinton & Co ; John D. Slayback, of John Bloodgood tee of bonds or in other particulars.]
& Co.; James H. Leverich, of C. D. & J. H. Leverich; Daniel
Ohio Central.— A press dispatch from Cincinnati, Nov. 15
Torrance. Peter W . Gallaudet, of P. W . Gallaudet & Co., and
William K. Soutter, of Soutter & Co. The members of the says : “ Argument was heard to-day by the United States Circuit
former board who were re-elected are Joseph S. Stout, Charles Court in the proceedings for the appointment of a receiver for
Duggin, Jacob Berry, Morillo H . Gillett and Sylvester H. the Ohio Central Railroad. Two questions were discussed;
Kneeland. At a subsequent meeting of the board Mr. Knee- whether the road should be foreclosed under the bondholders’
land was re-elected President, Mr. Gillett Vice-President and bill or under the Central Trust Company ; and who should be
appointed receiver. E. L. Andrews, for certain bondholders,
John E, Body Secretary and Treasurer.
— The statement made by the Manhattan Elevated Rail suggested Thomas R. Sharp, formerly of the Baltimore &
road Company of its business for the year ended Sept. 3b, 1883, Ohio, as receiver, making the point that the receiver should be
compares with the business of the preceding twelve months as disconnected with the Seney syndicate. Thomas E. Stillman,
follow« i
for the Trust Company, named John E. Martin. The Court
THE CHRONICLE.
N ovem ber 17, 1883.]
intimated that two receivers might be appointed, one to manage
the road and the other to bring suits for the recovery of assets,
saying this need not delay foreclosure, as suits for the recovery
of assets could follow foreclosure. The Court announced that
it would render its decision in the second week of December.”
Ohio & Mississippi.—The following is the report of the
Receiver of the 0. & M. for October 1882 and 1883, made to the
U. S. Court :
Receipts—
1882.
1883.
$162,506
Cash on hand October 1 . . . . .....................i .............$245,821
From station agents.......................................
529,129 524,672
From conductors . . ..................................................
11,112
12 350
40,508
61 462
From individuals, railroads, & c...............................
F rom express co s...................... .......... . ....................
1,463
*829
From General Post-office D ep artm ent.. . . . . . ____
25,033
25,130
T o t a l ...... ...........................
Disbursements—
Vouchers subsequent to Nov. 17, 1876...........
Coupons d u e ..................................
Pay-rolls............................................
Arrearages....................
Cash on hand N o v e m b e r l.......... 168,467
Tota1- - ...............
$353,065
$786,949
$321,132
210 000
1521494
912
$363,658
150,000
167,617
566
115,108
$853,065
$786,949
Pennsylvania.— A dispatch to the New York Tribune, re
cently, said :
“ It has been disclosed to-day that the Pennsylvania Railroad
Company is about completing a policy it has entertained for
some time of leasing its mines. The company’s officers have
very little to say on the subject, but those who are in their
confidence state that there is every reason to believe that the
arrangements for leasing the properties have about been eompleted, and that they will be taken by a wealthy syndicate, of
which William L. Scott, of Erie, is the head. The terms o f the
lease have not been made known, but those in position to know
say the Pennsylvania Railroad Company will not realize less
than one dollar per ton net on all the coal taken out of the
™ aes* ,,.T . lr entii’e Production this year will be 3,000,000 tons,
llie collieries^ are located in the Shamokin region, and their
output will be nearly all used in the Western trade, being
shipped from Buffalo and Erie. The officials of the Phila
delphia & Reading Company express no surprise over the
matter, as they state that they have known of negotiations of
the kind being in progress for a year or more.
•i liACill^ on<i * ® anviH e*— This company has this week issued
its October statement of gross and net earnings on all the lines
operated by it, from which and previous returns we have made
up the following:
October—
Richm ond & Danville.
Charl’ t’e Col. & A u g ..
Columbia & G r e e n y ...
Virginia M idland.......
West. No. C a r o lin a ...
■— Gross E arnings— ,
1883.
1882;
$429,834 $421,766
98,205
99,125
86,247
113,806
176,167
167,017
44,006
26,897
J a n ^ t o OcV. 3 1 —
^ 834’ 459 $828,611
R ichm ond & D anville. $3,146,808 $2,978,062
C harlotte Col. & A u g ..
668,422
589,178
Columbia & G re e n v ...
602,192
592,507
V irginia M idland........ 1,413,266 1,244,526
West. No. C arolin a....
312,121
200,510
T ota l..... ................. $6,142,809 $5,604,783
------ Net E arn m gs.----1883.
1882.
$225,358
$208,796
58,866
40,258
47,361
58,721
86,722
89,970
14,588
9,329
$432,895
$407,074
$1,351,189
298,183
196,280
606,765
111,128
$1,003,200
149,401
113.578
470,551
45,129
$2,563,545
$1,781,859
Ridgew ay & Clearfield.— A dispatch from Philadelphia,
Nov. *5’ saYs : Tlle Ridgeway & Clearfield Railroad extending
from Ridgeway, on the Philadelphia & Erie Railroad to Brock
way ville, in the heart of the coal fields now operated by the
New York Lake Erie & Western Railroad Company, a distance
ol 19% miles, will be opened for business on Nov. 19, and will
be operated as part of the Middle Division of the Philadelphia
& Erie Railroad. When completed, the road will be 27 miles
long and will reach a point on the low grade division of the
Allegheny Yalley Railroad.
Rochester & P ittsburg.— The statement presented at the
annual meeting shows for the year ending Sept. 30, 1883, gross
earnings, $543,639 ; operating expenses, $422,032 ; net, $121,607.
Gross earnings in 1882, $305,988, showing an increase for
1883 of $237,650. Fixed charges and taxes for 1883 are about
6ou£il to tue net earnings. The following were charges against
the net earnings in the past fiscal year :
Interest on b o n d s ........................ .........
<cov qua
Interest on car tru st. ................................................. .................. .
i «Yo
Interest on P erry R ailroad................... ' ................‘ ‘ ‘ ............
i ’¿ o o
Interest on balances.........................................7.’ .'.*.7.7.7.................. 1 0 1 VS
Paid on account o f Rasselas acciden t___ 7 7 ” ......................... *" 4.0*000
Taxes, insurance, e t c ............................... ...........
21*000
Total.
Showing a total deficit o f . . . . .........7 . 7 . 7 7 7 ~ 7 7 7 7 7 7 7 7 7 ^ $ 5 0 ^ 4 9 1
Up to the time of the strike of the miners, which has lasted six
weeks, the company carried about 130 coal cars per day. From
65 to 75 are now carried from company’s own mines. Earnings
for 1883 are on about 125 miles of road— 108 % miles of the
Rochester & Salamanca and 1 6 ^ miles of the Buffalo & Pitts
burg On August 1 the division from Bradford to Du Bois was
turned over to the company, and September 15 the line from
shford Junction to Buffalo and Du Bois to Punxsutawney.
Directors for the ensuing year are George F. Stone, Henry
Day Augustus Kountze, Andrew Pierce, A. S. Hopkins, George
W . Parsons, F. Dffappan.Adrian Iselin, Jr., George D. Morgan,
Fred. A. Brown, George H. Hall, W . H. Peckham and Walston
11. Drown.
STATEMENT 01' ASSETS AND LIABILITIES fOCT. 1, 1S83
Liabilities—
Capital s t o c k . . . . . . . . . . . . . . . . . . .
■
«dqa aaa aaa
F u s t m ortgage R. & S. D i v i s i o n 7 £ J r j ; ; ; ‘ ; ; ; * i * 3 c o j o o o
535
_________
Fu-st m ortgage consolidated . . . .
Incom e bonds, R. & S . Division
-•••--.................................. $ 3 ,860 ,000
Car trust b o n d s .....
....... ... ........... *.........................
1,870,000*
Second m ortgage'.. . . ........................................................ ;•<.......
74 8,000
................... ................................................
600,000
Assets—
Cost o f construction o f railroad
Enuinmsnl
$28,378,000
.......
....^$21,060,000
l,7 0 2 i0 0 0
Incom e bonds in hands o f Union Trust Coninan'i-',llipa'Dy “
, 274,000
Roch. & Pitts. Coal & Iron Stock
C om pany.................
1,322,000
Roch. & Pitts, st’k held b y tr.to b e‘ 4£fOT R.&P.C & i Co<«t‘>V 3,920,000
80,000
Perry Railroad sto ck ....... ..............
*t R
20,000
. . $28,378,000
Rome W atertow n & O gd en sb u rg .-T h e company furnishes
the fuilowing comparative statement o f earnings a id expenses
of the Rome Watertown & Ogdensburg Railroad Comoany for
the month of September :
*
1883.
Receipts
Operating expenses................ |. . . . . . . . . . . . . . . . . . ..
....... ■ $172,848“
a' i ■844
Net ea rn in g s.............. . ....................................... ............... V . ~$78>004
r> k M
1682.
R eceipts..
.......
.............. ................ 188,307
Less amount received fo r old rails.........
12 596__$175 7 10
114090
Operating expenses......................
Net ea rn in g s...................... ........ ................................. .
.7.
61 081
Increase ia net earnings fo r 1883 . . ...............................................$ 1 6 922
St- f '» «is Iron M ountain & Southern.— Notice is given
that all of the second preferred income bonds of the St. Louis
^ Southern Railway Company, amounting to
y4,0oy,000f having been redeemed and the mortgage securing
|re
oo^celed of record, funds have been deposited with
the Mercantile Trust Company for the redemption of the out
standing b n d s of the first preferred income mortgage of said;
railway, and that said outstanding bonds will be redeemed in
cash at par and accrued interest upon presentation at the office
of the Trust Company.
.
Texas & St. Louis.— This important narrow-gauge road exmfrom .
Point, Mo., opposite Cairo, 111., to Gatesville, lexas, a distance of about 723 miles, and with branches.
7bo miles. I t has been under construction for several years,
and only opened for through business in 1883. The comoany
has been managed entirely by Western and Southern men,' Mr.
J. W. Paramore, of St. Louis, being its President, and the
° r l dlreeto“ aa fohows: J. w . Paramore, W . M. Senter,
J. M. Gilkeson St Louis, M o.; L. H . Roots, Little Rock, Ark.;
T. R. Bonner, L B. Fish, Tyler, Tex.; L. C. DeMorse, Texark
ana, A rk.; T. J. Lowe, Gilmer, Tex.; C. M. Seley, W aco, Tex.
ln e road is a close competitor for traffic with the Gould South
ed v S r ^ads- When the bonds were listed at the New York
Stock Exchange a statement at some length in regard to the
status of the company was published in the Chronicle , V. 27.
p. 24.
, , The
,
, stocks
.
, have
,
been very widely distributed, - and
both stock and bonds are understood to be largely held by the
promoters of the enterprise and their friends. A new “ adjust
ment has been proposed to the stock and bond holders, and thepurpose and plan thereof are set forth in a circu
lar, from which the main points are condensed in the state
ments which follow. The cash assessment of 7 ^ per cent is
compulsory on the holders of stock and Income bonds. A
considerable amount is required for improvement o f the roads
and purchase of new equipment. The plan for re-adjnstment
provides for the calling in and cancellation of present first
issued on Missouri & Arkansas division at rate
ot $12,000 per mile and on Texas division at rate of $8,000 per
“ A e; . R is proposed to issue new first mortgage bonds at rate
ot $15,000 per mile and new 6 per cent second mortgage Income;
honds at same rate. They will draw interest only from
June i , 1884, and the first semi-annual coupons will be
payable December 1, 1884. An assessment of 7 % per cenfc
cash on stock and Incomes is made, and new stock, first mortgage bonds and Incomes are given to represent this assessment.
Dec l*116 ' ma,k*n£ the exchange is announced as expiring
following tables will show the present outstanding secur
ities, the proposed exchanges thereof for new issues, and the
total amount of new issues to be made :
TEXAS & ST. LOUIS KAILWAY IN MO. AND ARK.—452 MILES.
For this company new issues of bonds and stock of similar
classes are to be made, but of larger amounts, as the following
will sh ow :
s
Securities
exchange,
outstanding—
Rate o f
First mort., $5,650,000....................... @ 105
Second mort. I do., $ 5 ,6 5 0 ,0 0 0 ..........@ 100
Capital stock, $5,650,000........... . . . , ® 100
new issues.
issuesi
Equivalent
Total near
$5,933,000
$7,250,000
5.650.000
7.250.000
5.650.000
7.250.000
TEXAS & ST. LOUIS RAILWAY IN TEXAS—315 MILES.
For this company there are to be issued first mortgage bonds,'
second mortgage income bonds, and a land company is to
be organized with $2,128,000 scrip and $2,000,000 stock, which
shall take all the land and land claim s:
Securities
Rate o f
outstanding—
exchange,
First m o rt.,$ 2 ,1 2 8 ,0 0 0 ................... a> 110
General first m ort., $ 1 ,8 1 7 / 0 0 . . . . . @ 105
First mt. Id. gt. & Inc., $ 2 ,1 2 8 ,0 0 0 ..@ 100
Gen. 1 st mt.ld.gt. & In c., $1,817,000. ® 100
Capital stock, $3,945,000..... ...........@ 100
i. * Also, land scrip for $2,128,000.
TAlso, Land Company stock for $1,817,000.
Equivalent
new issues.
$2,341,000?
1,908,000 S
*2,128,000?
11,817,000 5
3,945,000
Total new
issues.
$5,250,000
5,250,000
5,250,OCO.
THE CHRONICLE.
536
(Kommzxtml 'Qimzs.
^co m m erciI l ^ e p it o m e .
F r id ay N ig h t , N ov . 16,1883.
The weather has become wintry cold, and violent storms have
caused much damage to shipping on the Great Lakes. It is
officially announced that the canals of this State will be closed
for the season on the 1st of December. The change in the
weather has caused an improvement in some branches of trade,
b u t generally business is rather dull, and the speculative markets
have been auite irregular. The near approach of a long ses
sion of Congress, and the eve of a Presidential canvass are not
favorable to activity in trade, but the position of mercantile
[VoD. XXXVII.
C O T T O N .
F r id a y , P. M .. November 16, 1883.
T he Movement op t h e Crop , as indicated b y our telegrams*
from the South to-night, is given below. For the week ending
this evening (Nov. 16) the total receipts have reached 242,078?
bales, against 267,604 bales last week, 241,921 bales the previous
week and 252,815 bales three weeks since; making the total
receipts since the 1st of September, 1883,1,975,539 bales, against
1,945,071 bales for the same period of 1882, showing an
increase since September 1, 1883, of 30,518 bales.
Receipts at—
Sat.
Mon.
G alv eston ........
3,620 6,932
....
Indianola, Ac.
....
New O rleans... 10,801 27,264
Mobile................ 2,394 3,561
....
F lorid a .............
......
Savannah ......... 5,567 5,937
affairs steadily, though slowly, improves.
^
Brunsw’k, &c.
...
....
A better speculation in lard has been noticed during the
past week, and the general range of values has been advanced. Charleston....... 2,915 3,027
.
.
.
.
___
Pt. R oyal, &c.
The feeling to-night, however, is uncertain and the situation W ilm ington___
550
910
lacks confidence. Pork has had a larger movement at slightly
....
M oreh’ d C.,&c
better figures; to-day mess on the spot sold at $12 25 and clear Norfolk.............. 6,196 8,561
....
....
W est Point,&c
back at $15 50@$16 25. Lard futures opened higher and reacted
229
96
New Y o r k .........
downward a trifle, with the latest tone easy; January sold at
970
966
B oston ..............
7-95@7-98c.; February 8 ’05@8-0Sc.; May, 8 -30c.; closing Nov. B altim ore........
....
....
....
'7,90@7'94c.; Dec. and seller year 7 ‘87@7 90c. ; Jan. 7 ,95@7;99c.; Philadelp’a, Ac.
lu es .
Wed.
Thurs.
Fri.
2,947 9.280 3,470 3,863
257
....
....
....
9,056 4,970 11,945 17,402
S41 1,903
3,291 2,008
_ ....
3,820
....
5,307 5,169 4,335 4,555
....
303
....
....
2,143 2,749 2,331 3,522
....
___
....
559
701
538
520
617
....
....
1,800
5,756
5,655
5,722 5,350
___ 12,127
....
S3
640
548
309
885
1,086
261 1,055
113
....
....
....
P
16
....
Total•
30,117
257
81,433
13,998
3,82031,370303
16,717
559
3,836
1,8003 8 ,4 7 0
12,127
1,905
5,223?
113
25
Feb. 8-05c.; March 8-07@8 0 8 ^ c .; April 8 ‘14@8 20c.; May Totals this week 33,268 |57,258 30,801 30,713 |31,427 57,381 2 4 2,07 3
8 30c. Beef hams are firm at $19 75. Beef remains quiet;
For comparison, we give the following table showing the week’s
city extra India mess $22 50@$23 50. Bacon is nominal at 7c. total receipts, the total since Sept. 1,1883, and the stock to-night
for long clear. Butter and cheese are very firm and have been and the same items for the corresponding periods of last years.
more active. Tallow is better at l% c. for prime. ' Stearine
Stock.
1882.
' |
1883.
Receipts to
quiet at 8 % @ 8 ^ c . for prime, and 8% e. for oleomargarine.
This Since Sep. This Since Sep. 1883.
1882.
Bio coffee has been quiet on the spot most of the time, but November 16.
Week. 1 ,1 8 8 2 .
Week. 1 ,1 8 8 3 .
to-day 17,282 bags were sold on the basis of 1 2 ^ c . for fair G alveston....... 30,117 232,346 30,027 289,984 86,718
83,706:
cargoes; the lower grades are firmer than the better qualities,
9,480
619
6,537
257
Indianola,&c.
being comparatively scarce; options have been fairly active at New O rleans... 81,438 553,346 71,308 407,978 260,185 200,479'
15,87935,964
an advance of % to % e . ; at times there have been liberal pur M obile............. 13,998 103,614 11,993 128,980
1,426
.........
12,472
694
2,989
3,820
Florida.............
chases for account of Havre speculators; to-day 30,000 bags
31,370 359,041 36,918 366,5 i2 94,042 I l l ,- : 72Savannah.......
No. 7 sold lO^iaiO'SSc. for November, 10 60@10-75c. for Decem
1,061
3,768
431
5,574
303
Brunsw’k, Ac
ber, 10'50@10’75c. for January, 10,50@10-'70c. for February and Charleston....... 16,717 236,056 30,432 249,694 83,491 100,617
29 L
678
4,204
315
4,731
559
Pt. R oyal, Ac.
10 60@10'70c. for March and April; mild grades have remained
11,35550,390 17,666
4,132
51,863
3,836
Wilmington___
steady and 6,500 bags of Maracaibo have been sold. Tea has
3,969
750
5,138
1,800
M’h ea dC ., Ac
been quiet but steady. Spices dull. Foreign fruits have been N orfolk ............ 38,470 235,634 44,064 275,036 58,823
78,794=
85,249
rather lower; fully 20,000 boxes of raisins sold at auction to
90.456 14,967
West Point,&c 12,127
64,088
15,247 164,318
4,967
4,967
1,905
day, including layer at $1 60@$1 62>6; loose Muscatel at $1 77/6 New Y o r k .......
1,4354,905
33,783
5,716
16,170
5,223
@ $1 85, and Valencia at 7;%2@9%c.; besides 500 barrels of cur B oston.............
14,137
3,778 21,697
965
2,55:>
113
B altim ore.......
rants at 5c. Bice has been steady with a fair trade. New
13,42813,980 11,175
1,126
5,08o
25
Philadelp’a,&c.
crop New Orleans molasses has sold freely to arrive at 40@60c.,
T otal.............. |242,078| 1.975,539 259,154 |l,945,071 342,179 695,579»
the supply on the spot being small; foreign has been dull.
In order that comparison may be made with other years, we
Baw sugar has been dull and closed at 6 ^ @ 6 9-16c. for fair
give below the totals at leading ports lor six seasons.____________
refining Cuba, and 7%c. for centrifugal; refined closed firmer
1880, ^ 1879. j 1878.
1881.
1882.
1883.
at 8 3-16@8Mc. for granulated, 9% c. for crushed; 83^@8%c. Receipts at—
25 ,427
22,469
25',314
for powdered and 7 % @ 7 % c . for standard “ A .”
15,949
30,646
30,374
Galvest’ n,Ac.
49,153:.
62,535
83,246
57,135
71,303
81.438
W hile Kentucky tobacco has been quiet holders have in no New Orleans.
18,514
15,113
20,100
13,405
11,993
13,998
way departed from the recent firmness; sales for the week M o b ile ..........
22,241
36,095
33,793
40,342
36,918
31,370
Savannah___
364 hhds., of which 67 were for export; exports for the week
20,745
26,001
29,549
23,675
30,747
17,276
Oharl’st’n, Ac
741 hhds. Lugs quoted 7@8c., and leaf 8@14c. Seed leaf con Wilm’g t’n, Ac
8,878
5,418
8,809
4,882
8,563
5,636
21,313:
37,490
45,888
46,464
59,031
tinues quiet, but about steady. The sales for the week em Norfolk, A c ..
50,597
15,105
13,237
9,919
22,924
13,629
11,389
brace 1,323 cases, including 200 cases crop 1882, Pennsylvania All others___
fillers, 4% @ 6 e ; assorted,' ll@ 1 8 c .; 350 cases crop 1881, Penn Tot. th isw ’k. 1242,078 259,154 233,462 256,618 218,408 181,376
sylvania fillers, 5@)5%c.; B. and C., 8/£@l0c.; assorted, 9 @ llc .;
300 cases crop 1880, Pennsylvania, assorted lots, 1 0 @ l l ^ c ; 100 Since Sept. 1. 1975,589 1945,071 1396.828 2114,524 1885,846 J545,606
cases crop 1882, New England, ll@ 3 0 c .; 150 cases crop 1882,
Galveston includes Indianola; Charleston includes Port Royal, A c.7
Wisconsin Havana seed, 13@ 18c; 100 cases crop 1882, Ohio, Wilmington includes ftloreiiead City, Ac.; Norfolk includes City Point, A c The exports for the week ending this evening reach a total
9c., and 123 cases crops 1880, 1881, Ohio, 6 ^ @ 8 c .; also 400
bales Havana, 80c.@$1 15.
of 207,921 bales, of which 123,201 were to Great Britain, 16,139 to
Naval stores have been quiet, and, but for a slight improve France and 68,581 to the rest of the Continent, while the stocks
ment in spirits turpentine to-day to 37@ 37/£c., the week would as made up this evening are now 842,179 bales. Below are the
have been without features of interest; common to good- exports for the week and since September 1. 1883.
strained rosins $1 50@$1 55.
Befined petroleum has been
Frorni Sept. 1.1883, to Nov. 16,1883.
Week Ending Nov. 10.
sharply advanced, in sympathy with the rise in crude certifi
Exported to—
Exported to—
cates ; 70-test now quoted^ 9c,, with but few offerings at that
exports
Great
Conti
Conti Total Great
price ; crude certificates on' a realizing movement declined to
Total.
from—
Brit’n. France nent. Week. Britain. Frame nent.
day from $1 19% to $117, closing at the latter. Ingot copper
43,748 121,87»
62,226 15,904
4,423 23,1 ;o
has sold at 14%@15c. for Lake, and lead has declined to 3 90c. Galveston..... 18,747
for common. American pig iron sold to the extent of 3,000 flew Orleans.. 33,845 14,840 34,301 82,986 126 920 90,279 96,962 320,101
3.601
3,601
3,601
3,601
tons No. 1 at $20 52, and No. 2 at $19 50. Steel rails have con
1,500»
1.500
tinued active ; 140,000 tons have been sold at $35 at the mills, Florida .........
33,795 6,0?6
78,781 123,612
17,149 41,450
Savannah .... 24,301
and 20,000 tons deliverable at Syracuse at about $34 8726.
86,634
54,455
9,137 18,033 . 21,355 10,824
A hotter business in ocean freight room has been done during Charleston . 8,896
20,705
2,710
910 4,510 17,995
3.630
Wilmington..
the week, and rates have been generally quite steady. To-day
50,143
8,100
40,530
9,613
8,100
grain to Liverpool by steam was quoted at 4M d.; flour 15s.@ New York — 14,818 1,299 1,245 17,420 112,883 14,584 33,509 165,976
16s. 3d.; bacon and lard, 22s. 6d.@25s.; cheese, 30s.; cotton,
13,82*
1,641
13,721
100
1,641
3-16d.; grain to London by steam 5M @6d.; do. to Hull by B dtimore....... 15:8
1,410 2,934 . 33,808
100 22,849 56,847;
22,1035
20 913
1,250
4,016
steam taken at 4% d ; Glasgow by steam at 5 % d ; do. to P jiladelp’a.&c 4,046
Amsterdam by sfteam 11c.; refined petroleum in cases to BanT otal.......... 123,201 18,139 68,581 207,931 494,310 113,777 318,927 967 044
goon 24c.; do, in bbis. to .Liverpool, 3s. 3d.; do. to Trieste
Total 1882... 85,015 19,101 53,249 160.365 628,805 126,028 894,021 1,047,454
4s. 3d.; grain by steamer from Baltimore to Cork for orders 4s
* Includes exports.from Port Royal, &c.
7/£d.@ 4s. 9d.
1" )n§iudes exports from West Point, &c.
THE CHRONICLE.
N o v e m b e r 17, 1888.]
In addition to above exports, our telegrams to-night also giv e
trs the following amounts of cotton on shipboard, not cleared, at
"the ports named. W e add similar figures for New York, which
Are prepared for our special use by Messrs. Carey, Yale &
Lambert, 89 Broad Street.
T h e S a le s an d P r ic e s o f F utures a re shown by the follow
ing comprehensive table. In this statement will be found the
daily market, the prices of sales for each month each day, and
the /dosing bids, in addition to the dailv and total sales.
á :§
On Shipboard, not cleared—f o r
NOV. 16, AT—
Coast
wise.
Total.
NewOrleans__ I 26,837 16,640 10.836
Mobile............
None.
None.
5.950
•Caamston___
2,000
8,400
9,964
^Savannah....... .
4,900
400 10,300
Galveston..__
19,936
3,923
197
Norfolk ...........; 23,-816 None. None.
650
New York....... .
300
4.000
3.000
None.
700
Other ports......
1,869
None.
1,3 i0
4.800
3.929
1,667
None.
None.
56.182
5.950
21,71 a
20.400
28,035
25,483
4.950
3,700
Total 1883
Total 1882
T otal 1881
a&
201,003
30,014
61,777
73,642
58.683
83,340
159.398
54,908
98,453
19,537
31.809
13,615
166,414
675,765
135,123
41,010
18.594
37,407
59,015
47,422
17,848
20.634
230,580
146,503
464 999
677,034
Nov. 10 to
Nov. 16.
•Ordin’/.$ a >
S trict O rd..
G ood O rd..
<®tr. G’d Ord
Low Midd’ g
S tr.L ’w Mid
M idd lin g...
«Good M id..
« t r .G ’d Mid
Midd’g Fair
F a ir ............
S a t.
O rdin’y.fllb
Strict O r d ..
G o o d O rd..
43tr.G’d Ord
-Low Midd’g
Htr. L’ w Mid
M iddling...
G ood M id..
tStr. G ’d Mid
M idd'g Fair
F a i r ..........
M o n T u e s S a t.
83,6
8*4
8**16 85¿
97,6
9*2
9*3,6
9 7e
10*8 10*16
10°16 10*4
10 *2 107,6
10 34 10*1,6
1078 10*3,e
113a 1 15,0
12*8 12*iß
W ed
M i
85s
9 ‘ ie
9i»ie
10*16
ioq
10b«
NEW ORLEANS.
83,6
812
815,6
9%
10*8
103a
109,6
10%
11
11*8
115s
1230
9*16
9*3,6
101,6
io q
107,6
IO**,«
10*3,6
11’ ie
121,6
T it. F r i. W e d
83i0
85a
97,6
8316
8°a
9i*ie
9 7 ,6
913le
101,6 loba
10% io *4
107ja 107.6
10* *16 101*16 1011.6
1013t6 » W 1 0 1 3 .6
11516 115,6 115.6
12 i ,e 12hfl 1 2 1 , r
STAINED.
87,6
87g
91116
101,6
105,6
10*2
1011,6
1015,6
1Ü16
11»,6
125,6
S a t.
87,6
878
9*1,6
101,6
105,6
10*2
1011,6
10*5,ft
M l'
119,6
125,e
87,6
8 78
911,6
10*,6
105,6
10*2
10**16
10*5,6
111,6
119,6
125,6
Th.
F r i.
87,6
87,6
878
878
911,6 9>ll6
101,6 101,6
105,6 105,6
10*2 10*2
1011,6 1011,6
lU l°,6 10*6,6
11*16 l H l ô
H 9ie 119,6
l ‘J510 129,6
M on T u es
812
87,6
87,6
878
810,6 87„
9%
911,6 9*1,6
10*8 101,6 101,6
lliSg £ 105,6 105,6
109,6 10*2 l o q
10%
10*1,6 10*1,6
10
ft
11
11*8 lH l6 111,6
115a 11.8,6 119,6
123s 12o,0 1 2 5 j 6
Th.
•Good Ordinary..................... $ a>, ~77<r 713.6 713.6 713.6
■Strict Good O r d i n a r y ........ .... 89,6 812
8*2
812
L o w M iddling................................ 9*4
93.6
93.6
93.6
’M iddling.......................................... lois 101,0 101,6 101,6
SPOT MARKET
CLOSED.
« a t ..
M on .
T n es.
W ed .
Thurs
F r i..
D u ll......................
Quiet at i , 6 dec!
D u l l ___________
Q u ie t...................
F irm ..................
F irm .....................
Total
E x Con- Spec- Tran
p ort. sump. u l’t’ n sit. Total.
277
277
137
3l>2
156
850
507
365
1.877
200
247
1,200
597 1,200
previous to tliat on*^jjiicli they are reported.
IÄV,
I f f
*< Hk S
mOi oi•
co-
o
o
Sales.
Deliv
erics
137 54,400
562 87,800
156 65,500
597 «1,100
2,134 109,300
365 86,200
200
200
200
200
300
300
3,951 455 300
1,400
S rty
g eri 'A
R-S» z!
p ,r < )
H© ’
00
Hm
99 <
a os **
1 ® r“ :
P l-p M
OCOO
p p® p
CO o
r -H
9 9
<
ZnOl o
P W I"1
i © o:
H é—© M
o o © o
w ®o w
H H fep
9 9
<
CJ»CÎ* CD
® p m ^
1 © i - 1:
HM©M
o o ©o
C« o* O c*
CO00 05
HH
>
OO
CD
Wp
r- 00
1 « - a:
CO
^
M
CD
00-,
1©®:
OO© o
di dt O oi
IOCO O
I °© 9
■P ® P
CO (X)
00
99
HH
oci
>. H H
< 99 <
® CiCl ®
CitOu>“*
I ®o:
l-'H
© =50
O C c O
p
p
99
a ob
Et»
<
2
I © k>:
p -© p
oo© o
ocoOoö
W C
00
:
OC00 <
^EO^i
1 ^)co:
to:
00
OD
CD
fé
00
sj
C i Ci
®
n ie 1-1IC
¡ ®y:
IÜH
I OoÇ
OD *“ *
c' cP ©
o
—I-Á® <1 -j-jO -j 1 ® c ®
001 w eo 16. >-*
ä^-WSS
g, p g,
®
ho?
po
©
p
CO
1
00CO fcO
£**-*
CO
o®
^
! ©®:
OOÔO
O O oO
PP
99
Ol
<
Ci w
®
I&
MM51 »-i
9 9 © o
c. c.
00
o©
o
<
S
s?*;
E.*
c
Ç6 SS
?» 81
5
a co
©®:
-J C5
w -J
feas s
a
ss
.8.
1© :
bo© o
OO
<1
CD
CiÄ'bH
H>-* >•
co
5
1©
H —* <iH
OO © o
<1 ^
KO
°o
’S>
O
05
*“ I -1
V
99
<
Ci Ci
®
CJifcOi—
.
I s® :
Hi-'ic,’-1
oo©o
Cí®Orñ
o. v>
p p
Co
00
5
-j <i ® ' CD-0 ®
Citf> - i “1 © - J
1 ©w:
I ©O*’
C0< 1
Oo ^
O O o O
ch^cij
000
pp© —
co© o
00 —J Ci
w
p p t jp
9 9 © o
obopO-0
00
— p '
pP
e>
M-
P P
¡Í.
pp
P P
©O
CO <1 9 9 ¡4 9 9 <
'■? ^ Po
g coco
© ©
®
CO CO
CD
COCO
CD
© © M-s oco
todito4 Ü«
P O
^
I ö )p :
I Sito:
I
i
H*P-*^ é-1
p
^
p
tí-OD
©CO© P9 çP ©« H9 9 9 0 9
000
I 3*03*
CÓOÒ J c O o
coo ó
C¿OcÓ
«¿©® ò © o ©
® p top IO K to O
to
01
99 ^
©c ®
to to
^
H-h-
h- M
f>
p©
PO
®
a
I
i
c>
k
““
©©
<
®
ww 4
I ©w:
■@ co:
Hh C h
0101 co
1C
05P
®
**
p W
010
i
toco
<1 co
^
H r - CO»-*
H r- O H
1
1
t>
H—
®
coto ®
<
P lè
<® W
Lp
H H
%
t>
<
t>
H H
®
•t-ri ®
<
COCO
1
0000
I ©*■«:
i
TT® *7
Oi Ol
<
CD
I©
:
H H < lH
H H © H
Ol ^
C
I©
:
H«sJ
p p t>
l7 l7‘ <
©p ®
p p
-*3
^
M
CD
I ©.«:
H H sjH
M M
tòtòo^
P
00
P -
>.
H H
P P
hp
¡4
tot» -® ebto ® i
a w * ■ O® 1^1
i ©w:
I0-: I
p p Ioi-*
p p ©p
t i tÒ ® ti
M -3
P
pp© p
p p ©p i
C0M®t3
p p
COCO
■sioi
I©
p p
000 a
p
1 © : ! ©
p p ., p
PP09
K
Ô CJiO C71
O 00 <1
1 1
^
:
'T
COOl
® W
®b
® .
c«
CJiOOl
ww® p
Om
-dO
o4 c o
co
Ito9>w:
p
•Mo»1 p p
0Q05 ^
p p < )p
bp
H H Ä H
P P o< P
®
I © 05!
pppp
j>
pp ®
wtc *
I ®at>:
HPO*
►DtO ®
<1^1
**
0 CD
**
i ö>io:
1 fife
I
p p
p
h H a » -4
H r- © H p p © p
Ci CÔOco cocoreó sitò® ti
oi
CD 00
CD
P P
Ci -1
ppO ,
tÓtcOti
-1 oc w
r-r-*
I ÇÛC0Î
H<
H ^H
QtOl f
ow h
IwM
p p © p
< ^
(►
®
P
p p
Ci M “
I XNtf
pp^jp
®
©o ®
M O p4
I ©os;
o© o©
3*3* <1
M r-
00 1 li©
•.«co
^ o*o*
“ ca
to
»- H
OO ►
H CO CD
OOO
1©
H
co© o
P P©M
>—to CO
COCO
DO
o
CO t-t
M.w 9
Un’est? C**ooo
ê ©-i^
Fl^ÜiCD pr“
>
CO <
!
9|
CD P p CD
(X H
H
1 ®: !
!©
H Ho. H
o o o o
9 1:
^ I*
O
C 00 05
05
>
<
to co oto
^O
120.6
FUTURES.
i
I
>*f 3.
i i f
P © Wg
® p
coco -,
p
17 s <
tf- w ®
to.®
i ® r:
pp©p
p p ®
*7*
P M 9> W
M ®
CO
W P
®
to-,
P P * M:p
pp© p
w p® P
CO ©
CO
I I
I©
to*®
®r*
OcJ
M® ci
I 1
©:
! ©
SALES OF SPOT AND TRANSIT.
QW0D§.
oOB O3.S.S
CD 3
p:
IOI3
101l,
MARKET AN D SALES.
o 2.&g,
UB CD CD CT
c+»
9 <4
W ODcO ^
o>P ,
K
J 2. ® 1^00
“ ■ga
co SI Ci 50 £ © evi »
g
10*5,®
111.6
119.6
The total sales and future deliveries each day during th e
week are indicated in the following statement. For the con
venience of the reader we also add a column which shows at a
glance how the market closed on same days.
■ju I
OiD® ®
CD OB ©
^.-<1
105.6
713.6 713.6
8*2
8*2
93.6 93.6
10*16 101,6
&
® cd
~8b ¡
878
9H,e
lOJie
F rl,
C-POD®
"a o*<
4
cd -D
F r i.
87,6
87,6
8 78
8 78
9*1,6 911,0
101,6 101,6
105,6 105,6
10*2 1 0 ^
1011,6 1011,6
1015, ft 1015,6
11*16 11 *16
H 91S 119,6
1 - B16 125,6
W e d T il.
QTjgpB“ Oir,op® CDOBg
M h SD
®
o ä & S £?3>-a. n
SL»
-----OB CD CD 0 D OB
5
OB P j £ üCD CD
ob cd
- OB
-P ob
«3
à
TE XA S.
W ed
P 0D’
o» o
S3
e
I« K
M o n T u e s S a t. M o n . T u « s
pi
CD
The specution in cotton for future delivery at this market
has been only moderately active for the week under review, w
•and the fluctuations in prices were within comparatively nar
row limits. Saturday opened depressed under dull accounts
from Liverpool, but most of the early decline was recovered,
ow ing to a rumor that the forthcoming Bureau report would 00
p
'?
I Ó
¡Loo
be unfavorable. This report appeared on Monday, and was O
o
o
o
o
regarded as pointing to a crop of about 6,000,000 bales. A
«light decline followed. The weather became less favorable
i
fo r picking purposes, the movement of the crop fell off a little,
i;he exports increased, the foreign markets were stronger and in
ol
the course of Wednesday and Thursday prices were advancing.
There was some buying to cover contracts, a few orders from
t h e South, and, in view of the large consumption in progress,
«om e revival of speculative confidence. To-day there was a
further advance in the morning hours, but business soon
became dull, and in the absence of demand prices gave way,
th e close being slightly' lower than last evening.
Cotton on
the spot was very dull early in the week, and on Monday
•q uotations were reduced l-16c. There was a better business P° ! ró.P
-on Thursday, mainly for cotton in transit. To-day the market
was quiet, but firm at 10 7-16c . for middling Upla nds.
The total sales for forward delivery for the week are 455,300
bales. For immediate delivery the total sales foot up this week
-3,951 bales, including 277 for export, 1,877 for consumption,
597 for speculation and 1,200 in transit. Of the above, 100 bales
were to arrive. The following are the official quotations for
•each day c f the past week.
UPLANDS.
OD 3 .
oö. p
CD CD
Leaving
Stock.
1 Other
Great
B ritain. France. Foreign
537
©: :
* Includes sales in September, 18S3, fo r September, 76 ,200; Septem ber-October, for O ctober, 338,600.
Transierabie Orders—Saturday, 10‘40o ; Monday, 10-40c.; T uesday,
10-40c.; W ednesday, 10'45e.; Thursday, 10-50e.; Friday, 10‘ 50e.
• Short Notices fo r Novem ber—Saturday 10-32.
W e have included in the above table, and shall continue each
week to give, the average price of futures each aa y for each m onth. It
will be found under each day follow in g the abbreviation “ A v e r.” The
average for each month for the week is also given at bottom o f table.
The following exchanges have been made during the week:
100 Nov. s n. 13th for reg. even.
•41 pii. to -exch. 600 Jan. for April.
•15 pd. to e x e b . ICO Jan. for Feb.
•15 pd. to e x e b . 200 Jan. for Feb.
•15 pd. to e x c h . 500 Jan. for Feb.
•15 pd, to ex ch . 500 Dec. for Jan.
f
-02 pd. to exch. 100
for regular.
•30 pd. to exch. 100
•15 pd. to exch. 500
•56 pdf tu exch* 500
Nov. s. n. 17th
Jan. fo r M ar,
Jan. for Feb.
Dec. fo r April*
538
THE CHRONICLE
T h e V is ib l e S u p p l y oe O otton to-night, as m a d e u p by cable
and telegraph, is as follows. The Continental stocks, aS well as
those for Great Britain and the afloat, are this week’s returns,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (Nov. 16), we add the item of exports from
the United States, including in it the exports of Friday only.
1883.
. 434,000
.
46,000
1382.
484,000
77,000
1881.
486,000
42,200
1880.
442,000
47,300
Total Great B ritain stock . 480,000
Stock at HamDurg.................... .
2,100
Stock at B rem en........................
50,100
Stock at Am sterdam .................
39,000
Stock at R otterdam ................. .
1,500
Stock at A ntw erp.......................
4,600
Stock at H a v r e ........................... 133,000
Stock at M arseilles..........
6,000
Stock at B arcelon a...................
35,000
*>,000
Stock at Genoa........ ..................
9,000
Stock at Trieste....................
561,000
3,000
£5,200
7,700
1,500
400
130,000
2,600
30,000
7,700
6,500
528,200
16,000
49,900
14,900
1,060
1,950
140.000
3,590
32,100
4,000
3,850
489,300
2,100
22,100
7,840
1,740
981
90,700
7,640
35,800
3,500
3,070
T otal continental stocks. . .. 286,300
214,600
267,350
173,471
766,300
70,000
513,000
68,000
842,179
298,748
50,600
775,600
99,000
507,000
32,000
695.579
200,718
15,100
795,550
59,000
364,000
32,000
823,537
306,758
16,700
664,771
45,000
435,000
37,000
859,383
242,326
22,000
Total European sto ck s..
India ootton afloat fo r Europe.
A u e r ’s cotton afloat fo r Eur’pe>
Egypt,Brazil,&o. ,aflt fo r E ’r ’pe>
Stock in United States ports ..
Stock in U. S. interior to w n s ..
United States exports to -d a y ..
2,608.827 2,32 U 97 2,397,545 2,305,430
dean and other descriptions are as follow s:
Amertcan-
,
,
American afloat fo r E u rop e.. . .,
,
United States interior stock s..,
United States exports to-d ay ..
224,000
188,000
513,000
842,179
298,748
50.600
202,000
96,000
507,000
695,579
200,718
15,100
364,000
111,000
364,000
823,537
306,758
16,700
316,000
96,000
435,000
859,383
242,326
22,000
2,116,527 l,71bv,397 1,985,995 1,970,709
Bast Indian,B razil, Ac.—
210,000
46,000
98,300
70,000
68,000
London stock............ ..............
Continental s to c k s ..........
India afloat fo r E urope............
Egypt, Brazil, & o .,a flo a t ... . . .
282,000
77,000
118,600
99,000
32,000
122,000
42,200
156,350
59,000
32,000
126 00C
47,300
79,471
45,000
37,000
608,600
. 492,300
411,550
334,771
2,116,527 1,716,397 1,985,995 1,970,709
Total visible s u p p ly ........... 2,608,827 2.324,997 2,397,545 2,305,480
Price Mid. Upl., L iv e r p o o l. . . .
5V I.
6*e<i.
69l6d.
5SF"The imports into Continental ports this week have been
■60,000 bales.
The above figures indicate an increase in the cotton insight
fco-night of 283,830 bales as compared with the same date of 1882,
an increase of 211,282 bales, as compared with the corres
ponding date of 1881 and an increase of 303,347 bales as com
pared with 1880.
A t t h e I n t e r io r T owns the movement— that 4s the ' receipts
'for the week and since Sept. 1, the shipments for the 'week, an d
thé stocks to-night, and the same items for the corresponding
period of 1881-82-yis set out in detail in the following statement;
TJajSSPíÜSOíe
HWt-|tHhdW!3
s--^ä
2Luy® ®
OM
SÄ®
® h « ? 2,P
S »H SM cH - ®
P
¡=¡2L§ B P ® pciP
a v s B g a S 1g w ® ® 8
8 ÇJ3 B^t-o 5 p
E ¡a P» s\F ü g .o'® a -æ fc-P*.
'» § « 1 „ » a g w p
rOiP
• : » is¡!g. .2
o -2!.
í
oo s» :
: : o
rö y ö a g
!• .. a8
5• o
w
' * 1
M
if f
CO Oí Ci CO O GO CO
COt o 05
O» 05
to
< IO b O C P K W fcO . CO
Í“ W
P nP-rSto-
O -
o
____R .
HL
SP2
2
bg .; m
3>.
£
£1
fcO
<i
G D tf^ K )C Q © <JC O © O C O C PQ O *O C PM r-^C PM
s?
00 K HHH
ceto
05 CO 03 M O CO 00
Ol 03 W 00fcS% w V © ® © T -1t î © © © | U O M
CO 10 Ol 0> 03 tf- 03 03 <0 Kl 00 03 Ol fcO M O l CB 08 -1
»-I
CB»
03
iStO^fcSMHtS©
C O O O O iK .h S C O O O O O i1
03O i O i Cb 1^Í8.QD
CB©©K>©-Jl£.©*-te: ©9>-©W©fcOC<l
18. CO ©
©»-"tOMMOSl-*
Ol O l 03 03 © t o ->J • © fcOtf--JfcOO OOÓ©
03 OOfcOik CD M a j o r i .
kaj0 © rf^© fc3 jfc-0 0
C l'M iü ' a 0 3 © © COtf* © © © - 1 W © fcS © © CO
'© 'Ö S OO 0 3 0 0 Î - 0 0
H-O-llí-i—00©
« •e
©fcCM©©aaai8.|B.©fcO©00©M©©ÇO
rf-i—©tf-©Wif>.M—IfcOO^-Ot#*-©© ©i-i-l
© Q O © 03 03 a fco
03
afcOM
k5M
© 0^01^030
O 'fcO k O lO ffia fcS M tO W
M fc -u * © -]© © ®
OO fcO a <J fcOCOJO 03 COCB CO >*-© «4 - - © W fcO
W a © a i f . © a © L j © o o ©CO*© < t© C D a C B
0
0 a © al8-03
M © » a -a ^ o :
l O © 0 3 -1 1 -0 0
eo
-i
00
CO
<1
<l©l)i.|^.©©(CCBM©iU©fco©©©COWO'
fco—
J'0t8-©©©©0^l©atf.fc0fc0 0 3 a a a
00
to
co H
CO M
CDCP t o o CP 00
KJ cc © © )& ■ <1 CP
COCO
CO to to
o
00
IS00
a to
COJO fc 0 j A © f c 0 a a J 0 # k .
<tlf-IO©©fcO
© © - j to © © a
—J -3 t o -0 © © ©
a
k O a © © © fc O ií.C J I
fco © a © ^ © co © © co © w w coléfco Li co©
aüiM©-3©aioa©©©ooto©©œ<j^j
oo©B©w-ici©a-©iï®ik-i(0(oœo
fco
a
<1
a a
©ooa©ayjM^¡8.co. joito©©^»*.©
-1 0 3 © © 0 3 - 3 a © a © © l o © l u © < j © « ©
acú©«ioiie'<l©(»©fcO©©t®ato©-3-i
s» >
»s©•a»
a*
(3 -l© a © .a O ffiO iO ® (ü O a M W B M
* This year’ s figures estimate**.
The above totals show that the old interior stocks have in
creased during the week, 30,733 bales, and are to-night 98,030
Mon.
Tues.
Wednes.
Thurs.
F ri.
10118
10*18
9*8
9*5ia
10
9%
10
105s
104*
10*8
m à
9%
O Sba
10
10*«
10*1«
10
* »
9^8
9*5ie
10
,9131b
lo
10 5g
10J4
10?8
9**16
9%
97g
9*518
103«
10
10
9 i8
„9*516
10® 10*8
9*3l6
10
105p
10*4
1078
9**18
93t
978
9*5le
10*8
10
10*16
9*8
9*516
10*8
9*8
10
105g
10*4
10%
9**16
9%
9*8
9*516
10*8
10
10*16
9*8
10
103¿8®*4
10
10*16
105b
10*4
10%
9%
9%
9*8
9*5*6
10*8
i r »
f T8
10
105fl
io q
1078
9***8
9^
9?s
10
10*8
R ec e ipts fro m t h e P lan t atio n s .— The following table is
prepared for the purpose of indicating the actual movement each
week from the plantations Receipts at the outports are some,
times misleading, as they are made up more largely one year
th.an another at the expense of the interior stocks. W e reach
therefore, a safer conclusion through a comparative statement
like the following. In reply to frequent inquiries we will add
that these figures, of course, do not include 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 out-ports.
RECEIPTS FROM PLANTATIONS.
Week
ending—
Aug. 31....V.
Sept. 7.......
1 14.......
“ 21.......
i 28.......
Oct. 5 ......
1 12
“ 1 9 ......
“ 2 6 ,,..
Nov. 2 ....
“
9 ......
i f 16 ......
•Receipts at the Ports. St’k atlnterior Towns. Rec'pts from Plant1ns
1881. 1882, 1883.. 1881. 1882. 1883. 1881. 1882. 1383.
48,722 23,032 22,971 46.422 15,526 50,309 52,652 24,231 22,754
73,612 28,688 33.308 57,410 18.519 53,576 83,600 29,681 37,728
94.053 49,512 64,348 75.452 19.115 58,989 112,094 52,108 69,761
112,293 77,223 96,819 103,779 29,985 75,179 140,620 89,093 113.009
134,756 136.479 125 032 124,526 46,622 105,778 155,503 153,116 155,631
174,810 179,883 165,461 155.559 76,862 137,536 205,843 210,123 197,219
191056 206.136 228,897 196 561 95,675 184,915 232,058 224,9491256,276
192,531 242,329 257.276 223,785 125,039 202,970 224,755 271,893 285,331
310,537 241,738 252,845 251,533 139,317 236,986 233,331 256,0:6 286,861
235,235 256,623 241.921 290,140 175,092 270,734 283,893 292,393 281.669
233,320 232,251 267,601 323,161 211,710 313,249 265,311 298.899 304,119
233,462 259.154 242,078 345,706 244.123 343,929 257.0C7 291.537 272,758
The above statement shows— 1. That the total receipts from the
plantations since September 1, in 1883, were 2,270,362 bales ; in
1882 were 2,172,709 bales; in 1881 were 2,191,109 bales.
2.— That, although the receipts at the out-ports the past week
were 242,078 bales, the actual movement from plantations was
272,758 bales, the balance going to increase the stocks at the
interior towns.
Last year the receipts from the plantations
for the same week were 291,537 bales and for 1881 they were
257,007 bales.
A mount of Cotton in Sight N ovem ber 16 —In the table below
we give the receipts from plantations in another form, and
add to them the net overland movement to November 1, and
also the takings by Southern spinners to the same date, so as t6
give substantially the amount of cotton now in sight.
1882.
1881.
1880.
Receipts at the port's to Nov. 16 1,975,589 1,945 071 1,890,828 2,114,524
Interior stocks on Nov. 16 in
excess o f September 1 ........... 294,773 227,638 300,281
242,724
Tot. receipts from plantat’ns 2,270,362 2,172,709 2,191,109 2,357,248
Net overland to N ovem ber 1 ..
126.859
93,857 126,083
92,268
Southern consum pt'n to Nov. 1
59,000
59,00C
45,000
35,000
It will be seen b y the above that the increase in amount in sigh t
to-night, as com pared w ith last year, is 130,655 bales, and as com
pared with 1881 is 94,029 bales. The decrease from 1880 is 28,295
bales.
. >»3
—
M
v)ht3H uH
Mp’ kOOîÇBM*-© © © ; ©£-fcOCB-no©-J
03
0 5 < l t O r f - O O i kO
Galveston___
New Orleans.
M obile...........
Savannah___
Charleston...
W ilm ington..
N orfolk .........
B oston...........
B altim ore. . .
Philadelphia.
A u g u sta .......
M em phis. . . .
st. Louis.......
C incinnati. . .
L ouisville.. . .
CLOSING QUOTATIONS FOR MIDDLING COTTON ON—
Satur.
Total in sight Novem ber 16. 2,456,221 2,325,566 2,362,192 2,484,516
fcC©fc5-4©©fcO©fcO©-lK».|-.fcOOOM©fca©
Ü1Ü1HCOOOH
Week ending
Bov. 16.
1883.
fcOfcOCPC rf^tC^O0i05C0 CJiOC0Ü0<|<IC0t-*
C5<1 ^ M o C O ^ C O C P C P C O W Q O < J C O > f c > '^ i'co co o b i a. © © <i bo l o Vi^-* h- o> 05oo
O iO C O C O O ^ C O O ’ kOtCCOCCOC5COO»rf^^C5
fcobO K)CO W < I< 1 O iO
COW 0 5 0 5 C M ^ ro o
0*0000 <1*0
bales more than at the same period last year. The receipts at
he same towns have been 27,119 bales less than the same week
ast year, and since September 1 the receipts at all the towns
are 5,806 bales less than for the same time in 1882.
Q uotations f o r M id d l in g C otton a t O t h e r M a r k e t s .— In
the table below W8 give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week.
JOCOCßCO O’ fcOCO 05
c o b 'C o ^ o o co co co Vj ^ o b » te o
CPCDfcO^COMtOH^CO K>MCP£*
00 CO O 00 CB OS 05
er. o c b i co
> -C P O < lw C P C O
CP CP CT. fco >f- COCO
[ V o l . X X X V II.
W e a t h e r R e p o r t s b y T e l e g r a p h .— There has been rain in
most sections of the South during the week, and at a few
points in the Southwest it has been rather heavy, interfering
to some extent with picking. Otherwise picking has made
very good progress. The temperature has been lower in many
districts, and at Selma killing frosts are reported.
Galveston, Texas.— It has been showery on tw o days o f the
week, the rainfall reaching one inch and six hundredths.
Picking is making good progress.. W e have had no frost yet.
The thermometer has averaged 65, the highest being 80 and
the lowest 44.
.
Indianola, Texas.— W e have had showers on three days of
the week, the rainfall reaching seventy-five hundredths o f an
inch.
Picking progresses well. About two-thirds of the
crop has been marketed. The thermometer has ranged from
42 to 82, averaging 66.
Palestine, Texas.— It has rained tremendously on three
days of the week, the rainfall reaching five inches and twenty-
THE CHRONICLE.
-No v e m b e r 17, lö b S .i
53a
seven hundredths. Picking has been interfered with by the
According to the foregoing, Bombay appears to show an
storm, and the roads are very bad. | W e have had a frost this increase compared with last year in the weeks receipts of 6 000
week, but not a killing frost. The thermometer has averaged
bales and the shipments for the week are the same as last
64, ranging from 40 to 81.
*
year, the shipments since January 1 show a decrease of 162,000
New Orleans, Louisiana.— It has rained on one day o f the bales The movement at. Calcutta, Madras and other India porta
week, the rainfall reaching two inches and sixty-two hun
for the last reported week and since'the 1st of Januar/, for
dredths. The thermometer has averaged 55.
two years has been as follows.
“ Other ports» cover Ceylon
Shreveport, Louisiana.— The weather was warm during Tuticorm, Kurrachee and Coconada.
y
the early'part of the week, with very heavy rain on the 10th
and 11th. The rainfall reached four inches and ninety-three
Shipments f o r the week.
Shipments since January 1.
hundredths. First frost observed on the 13th. The thermom
Great
Contieter has ranged from 36 to 83.
Great
Total.
Britain. nent.
B ritain. Continent.
Total.
Vicksburg, M ississippi. — The early part of the week it
rained severely on two days, but the latter portion was clear Calcutta—
1883........
and pleasant. The rainfall reached four inches and seventy86,200
10,800
97,000
1882.........
400
......
400
107,600
eight hundredths. Picking was interrupted the first of the
32,000
139,600
Madras—
week by the storm. The tributary rivers are higher. Aver
1883.........
1,600
1,600
29,600
1,000
30,600
age thermometer 71, highest 82 and lowest 33.
1882....... .
300
300
70,500
5,000
75,500
All others—
M eridian, M ississippi.— 'Telegram not received.
1883.........
6,000
6,000
47,000
17,000
Columbus, Mississippi. — Telegram not received.
64,000
1882.........
3,000
3,000
49,200
26,700
75,900Little Rock, Arkansas.—-It has been „cloudy, with rain on
two days of the week, and the remainder of the week has Total a l l 1883.......
7,600
7,600
162,800
28,800
been fair to clear and cold. The rainfall reached one inch
191,600
1882.......
3,700
3,700
227,300
63,700
291,000.
and three hundredths. The thermometer has averaged 50,
<ranging from 24 to 74. Last week we had rain on three days,
The above totals for the week show that the movement from
and the balance of the week was clear. The rainfall reached
fifty hundredths of an inch. The thermometer averaged 57, the ports other than Bombay is 3,900 bales more than same
week last year. For the whole of India, therefore, the total ship
and ranged from 41 to 70.
Memphis, Tennessee.— W e have had rain on two days of ments since January 1, 1883, and for the corresponding periods,
the week, the rainfall reaching one. inch and two hundredths. of the two previous years, are as follows.
Picking and marketing are making good progress. Average
EXPORTS TO EUROPE FROM ALL INDIA.
thermometer 51, Highest 77 and lowest 28‘5.
1883.
1882.
Nashville, Tennessee.— It has rained on three days of the
1881.
Shipments
week, the rainfall reaching seventy-two hundredths of an
to all Europe
This
Since
This
Since
This
Since
inch. About two-thirds o f th e crop has been picked. The
from —
week.
Jan. 1.
week..
Jan. 1.
week.
Jan. 1thermometer has averaged 51, the highest being 75 and the
B om b ay............
4,000 1,237,000
lowest 24.
4,000 1,399,000 I3.OÖ0I 902,000
Ail other ports.
7,600 191,600
3,700 291,000
2,000| 2 0 0 ,0 0 a
Mobile, Alabama.— It has rained on two days of the week ■
the rainfall reaching seventy-two hundredths of an inch. Ice
T o ta l.......... 11,600 1,428,600
7,700 1,690,000 15,00011,102,000
formed in this vicinity to-day. The thermometer has ranged
from 33 to 80, averaging 60.
This last statement affords a very interesting comparison o f the
Montgomery, Alabama.— W e have had rain on three days total movement for the three years at all Tndia. ports.
of the week, the rainfall reaching thirty-five hundredths of an
A l e x a n d r ia R eceipts a n d S h ipm e n t s .— Through arrangements
inch. Frost and ice Thursday night.' The thermometer has
we have made with Messrs. Davies, Benachi & Co., of Liverpool
averaged 58’8.
Selma, Alabama.— It has rained on two days, and the and Alexandria, we now receive a weekly cable of the movements
remainder of the week has been pleasant. The rainfall reached of cotton at Alexandria, Egypt. The following are the receipts
one inch and three hundredths. ~We have had two killing and shipments for the past week and for the corresponding week
of the previous two years.
frosts during the week. Average thermometer 55, highest 81
and lowest 26.
&
A lexandriaf Egypt,
Madison, Florida — Telegram not received.
1883.
1882.
November 15.
1881.
Macon, Georgia.—W e have had rain on one day of the
Receipts
(cantars*)—
week. The weather is cold and wintry.
\
This w eek ___
190.000
170.000
200.COO
Columbus, Georgia.— Telegram not received.
Since Sept. 1
822.000
506.000
957,550.
• Savannah, Georgia.— The weather has been pleasant dur
This
Since
This - Since
This
Since
ing the week, with no rain. Average thermometer 64, highest
week. Sept. 3r. week. Sept. 1. week. Sept. 1.
81 and lowest 41.
°
Augusta, Georgia.— W e had rain (sprinkles) on two davs Exports (bales)—
To L iverpool............... 17,000 58.000 10,000 36,000 13,000 48 ,5 0 0
during the early part o f the week, but the latter portion has
To C on tin en t............. 7,000 21.000
1,000 4,580 19,264
been clear and pleasant, the rainfall reaching six hundredths
Total E urope......... 24,000 79,000) 10,000 37,000 17,580] 67,764
ot an inch. W eek- closes clear and cold. The thermometer
has averaged 60, the highest being 82 and the lowest 40.
* A can tar is 98 lbs.
Atlanta, Georgia.— Telegram not received.
This statement shows that the receipts for the week ending
Charleston, South Carolina.—W e have had no fain during
Nov. 15 were 190,000 cantars, and the shipments to all Enrone
4 5 t o 7 9 k* Tlie thermometer has averaged 63, ranging from were 24,000 bales.
*
Columbia, South Carolina.— There has been no rain
during the week. Average thermometer 47, highest 65 and
lowest 29
°
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o’clock
November-15, 1883, and November 16,1882.
Man c h e st e r M a r k e t .— Our report received from Manchester
to-night states that the market is firm, with a hardening ten
dency. We give the prices of to-day below, and leave pre
vious weeks’ prices for comparison.
1883.
32« Cop.
Twist.
M V, 15, '83. No®. 16, ’ 82
Feet. Inch.
10
5
Memphis— ........... A bove low -w ater m ark. 14
5
Nashville................................. A bov e low -w ater m ark.
13
8
Shreveport...............................A bove low-water mark.
11
11
V icksburg............ .....A b o v e low -w ater m ark.
19
6
New Orleans .........B e lo w high-water mark
Feet.
13
7
2
15
9
Inch.
3
11
3
2
7
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16,1874, which is 6-10ths of a foot above
1871, or 16 feet above low-water mark at that point,
Septl4
'• 21
u 28
Oot. 5
12
“ 19
“ . 26
Nov. 2
** 9
“ 16
d.
d. 8.
8 ^ ® 8 7s 5
8*4 ® 8^8 5
S3i6—8i316 5
83¿ ® 9 5
9 5
j ß® 9 5
8»is® 9 5
87iß® 9 5
87ifi® 9 5
87i <5® 9 5
1882. -
8*4 lbs.
Shirtings.
d.
6
6
6
6
6
6
7
6
6
6
s.
®7
®7
®7
®7
®7
®7
®7
®7
®7
®7
d
0
0
0
1*2
1*2
1%
1*2
1*2
1*2
1*2
OoWn
Mid. 32« Cop.
Iwist.
TTplds
8*4 lbs.
Shirtings.
d.
d.
d. s. d.
s. d.
51316 938 ® 9 78 6 •4*a®7 10*a
51316 93a ® 9 7s 6 4*fl®7 10*a
938 ® 934 6 3 ® 7 9
5H
5 78 95l6 a 9 iii6 6 lia ® 7 8
9% ® 9% 6 l*a® 7 9
6^8
51&X6 93s ® 9% 6 l*a@ 7 9
6
9*4 ® 9*3 6 0*a®7 7*2
9316® 9% 5 ll* a » 7 6
6
5i5xe
938 5 I1 * 2 ® 7 6
9*8 ® 9*4 5 10 ® 7 4*a
5 7g
OoW
Mid.
Uplds
d.
7*nr
7
6V
65s
6 »4
69l®>
6%
6*8
6*8
India Cotton M ovement prom all P orts .— W e have re-arranged
N e w Y o rk C otton E x c h a n g e — The following have been
service so as to make our reports more detailed and
at the same time more accurate. W e had found it impossible elected members this week : Mr. 0 . C. Farrar, of Farrar &
to keep out of our figures, as cabled to us for the ports other Jones, 132 Pearl Street; Mr. W . F. Sorey of Murchison & Co.,
nn«nr^i05^ ^ ayl ° arg ° es which proved only to be shipments from
74 W all Street; Mr. J. H. Hart, of Tolar, Hart & Co., 151 Front
a i >ort to anot^ er* The plan now followed relieves us
We*1first i “f e5v.of ^ is ^accuracy and keeps the totals correct. Street, and two new applications for membership have been
h
r
?
n
?
omba-v statement for the week and year, posted.
bringing the figures down to November 15.
A t a meeting regarding closing the Exchange on Evacuation
______
receipts and shipments f o r f o u r t e a r s .
Day, Nov. 26, it was resolved to leave the "decision as usual to
Shipments this week. Shipments since Jan. 1.
a general vote, which is to be taken to-morrow, Saturday, aud
Receipts.
will be without doubt in the affirmative. About $650 has been
Year Great Conti
Great
Conti
This
Since
B rit’n. nent. Total. B ritain nent.
subscribed towards expenses of the celebration. TLe following
Total.
Week. Jan. 1
visitors were introduced during the last two weeks :
1883 4.000
1882 3.000
1881 10.000
JS80 2.000
4.000 454.000
1,000 4.000 779.000
3,000 13,000 333.000
2.000 362.000
783.000 1.237.000 U .0 0 0 1.629.000
620.000 1.399.000 8,000 1.668.000
569.000 902.000 15,000 1.239.000
505.000 367.000 ROOD 1.118.000
Charles C. Carpenter, Cincinnati. |A. Berden, North Carolina.
Janies Hameyn, Devonshire, Eng. |R. M. Laund, Providence.
W. Dumming, Rochdale, Eng.
|F. B. Bvrns, Evansville.
E. B. Berden, North Carolina.
|E. C. Williams, Jr., Charleston.
THE CKJftONIOLE.
540
1883.
A g ricu l tu ral D e p a r t m e n t ’ s C r o p R e p o r t .— The following is
¿he statement of the Department issued on Saturday, Nov. 10,
as to the cotton product this year.
_
jl
“ The returns of the etfrps of correspondents of the Depart
ment of Agriculture relative to cotton show a slight
ment since the last report. The weather has generaUy been
favorable for harvestiog, and in portions of the field the top
crop has yielded better than was hoped. There were no fr<>s.R
in October except on the northern border of the cotton bel ,
and at least an average length of season is
The returns give county estimates of average
and aggregate product compared with the crop of last y a •
The indicated product, considering rate of yield and acreage,
is nearly 86 per cent of last year’s crop.
r
..
16o •
“ The averages of yield per acre are : North Carolinna,_ibO ,
South Carolina? 143 i & 8orKm ,1 3 2 ;
upland), 98 ; Alabama, 128 ; Mississippi, 175 j Louisiana, 2^81
1«Q . Arkansas. 230 ; Tennessee, 1S1.
“ The product compared with 1882 is for North Carolin a,85p
c e n t; South Caroliua, 84 ; Georgia, 90; Florida, 98 ; Alabam |
9 1 ; Mississippi, 65 ; Louisiana, 86 ; Texas, 8 0 ; Arkansas, 87 ,
Tennessee, 95,”
A
Usin'g the above figures of estimated yield in each State, ana
applying them to the acreage returns of the Agricultural De
partment, issued in June this . year, we have the following re
sult in pounds and bales. To obtain the result in bales we have
divided the pounds by 450. This figure is taken on the expecta
tion (judging from present indications) that net weights will
[VOL. X X X T IL .
1878.
1879.
1880.
1881.
1882.
Tot.0et31 1,389,904 1,307.240 1,232,972 1,426.796
46.514
29,104
"36,792
32.374
Nov. 1 ___
37,897
27,151
38,066
43,629
“ 2 ....
35,983
33,538
41,574
37,218
“ 3 ....
41,655
48.836
38,904
S.
“ 4 .. .
55.664
31,603
8.
61.344
“ 5 ....
29,924
8.
49,216
38,558
“ 6 ....
8.
46.365
34,133 . 42,475
“ 7 ....
40.193
34,304
37,582
32,773
“ 8 .. ..
35,842
40.389
36.297
63,578
¡ ¡ i 9 ....
31,966
33,590
57,777
33.268
“ 1 0 ....
26,133
47,069
38,651
8.
“ 1 1 ....
51,779
29,130
8.
57,258
“ 1 2 ....
8.
38,451
52,090
30,801
“ 1 3 ....
36,748
8.
33,566
31,913
“ 1 4 ....
49,862
35,669
32,175
31.427
“ 1 5 ....
41,557
41,244
47,217
57,381
“ 1 6 ....
30,704
S.
46,140
38,310
30,902
29,682
49,319
28,562
8.
46,584
32,819
32.278
36,503
43,441'
35,631
8.
Total . . . 1,975,589 1,839,616 1,800,157 1,987,776
Percentage of tota
33 841
38-13 1
31-39
p ort ree’ pts Nov.16
978,112:
27,243?
21,848.
8.
30,9644
27,896
23,38 g
34,808
4 3 ,9 7 8
27,28L
8.
32 ,8 3 8
33 ,4 4 8
24,002
2 2 ,7 9 8
35 ,647
26,421
3 4051
3 1 -2 T
This statement shows that the receipts since Sept. 1 up toto-night are now 85,973 bales more than they were to the same
day of the month in 1882 and 175,432 bales more than they were
to the same day of the month in 1881. W e add to the table
the percentages of total port receipts which had been received t e
November 16 in each of the years named.
T h e E xp o r ts of C otton from New York this week show an
increase, as compared with last week, the total reaching 17,420
average about that figure this year. - _________________ j,_____ ___, bales, against 11,338 bales last week. Below we give our usual
table showing the exports of cotton from New York and their
Production.
Pounds L int
direction, for each of the last four weeks ; also the total exports
Acreage.
Stales.
P er Acre.
BaleSi
and direction since September 1, 1883, and iu the last column
Pounds.
the total for the same period of the previous year
19,556
160
160
. 143
132
98
128
175
228
163
- 230
181
ICO
V irgin ia.. . . . .
N o. C arolina.
So. Carolina..
G e o rg ia ....... F lorida..........
Alabama
Mississippi. - ■
Louisiana —
T exas. . . . —
Arkansas —
Tennessee...
A ll otliers...
159-9
T o ta l.........
55,000
1,050,000
1,619,000
2.873,000
258,000
2,610,000
S ii 78,000
932,000
3,035,000
1,188,000
‘ 807,000
75,000
8,800,000
168,000,000
231,517,000
379,236,000
25,284,000
v 334,080.000
398,650,000
212,496,000
4 9 1,705,000
1 273,240,000
i 146,067,000
j
12,000,000
373,333
514,482
842,747
56,187
742,400
885,889
472,213
1,099,344
607,200
321,593
26,667
16,780,000
! 2,684,075,000
5.964.611
EXPORTS OF COTTON (BALES) FROM N E W V O R K SINCE SEPT. 1. 1883-
Week ending—
Exported to—
Oct
25.
Nov.
1.
Nov. j Nov.
8. 1 15.
Same
period
since prevVnfr
Sept. 1. yea r.
9.941
2,015
9,069'12.823 100,878 164.401
2,326:
......1 2,053 12,005
Total to G r e a t B ritain 12,486 11,956
9,069 14.376 112,883 166,727
10,449
Liverpool.......... ...... .......
Other British p orts.......... 2,037
Havre...............................
Other French p o rts..........
To tal F r e n c h ..................
Bremen and H anover . . .
E ast I n d ia C r o p . — 'The following is from the Bom bay P rices H a m bu rg............... .........
Current of October 1 2 ; “ Since the date of our last we have Other p o r t s .. . ..................
600
......
300
14,584
16,110-
650
1,299
1,299 . 14,584
16.11G
7,685
14,310
12,318
20.13G
15 ,873
17,915-
.......
600
300
650
740
1,106
900
100
1,105
2,083
100
1,000
519
160
910
had the Elephama storms, which are usual at the close ot the Total to N o r t h . E urope 2,746 3,283 1,619 1,095 31,313 53,998
rainy season. On the whole we appear to have had a satisfac
1,494
2,893
tory monsoon, although complaints of excess of moisture are Spain, Op’ rto, Gibraltar,&<
1,579
1,303
150
general in the Berars and the central districts of the Presi All other.....................- —
"
3,073:
4.196
150
dency
The crops promise to be quite up to the average, the To t a l S p a i n , & o
deficiency in one part being fully made up bv the excess in
'239,908.
15.832 15,514 11,338 17,420 165,976
T otal ...
another. As we have already pointed out, the late rains augur
well for the prospects of the winter sowings in the biack soil.
T h e F ollow ing a r e t h e G ross R eceipts of C otton at New
W e have not heard much of the locust scire for some time past, York, Boston, Philadelphia and Baltimore for the past week
but now that, the young insects are getting on the .wing, i^will aud since September 1. 1883:
_____
- ,1^0 interesting to know how f&r th.6 measures âdopted by vxoyBaltimore.
Boston.
1Philadelphia.
New York.
eminent have been successful. W e regret that we are still
Receipts
Since
This Since This
unable to report any substantial improvement in the export
Since
This
This- \ Since
from—
week. Sept. 1.
week, 1Sept. 1. week. Sept. 1. week. Sept.l.
J ute B u tts , B a g g in g . &c.— The market has not been very
active daring the past week aud the orders are falling off. . Ihe
inquiry is of a jobbing character, few large parcels being
placed”. Prices are unchanged though ihe feeling is easy and
sellers are quoting 9 bic. for
lbs., 9% c for 1%. lbs., 10%e.
for 2 ibs., and 11@1 l% c for standard grades. Butts have been
rather quiet, consumers’ wants being pretty well supplied and
oniy a few lots, about 1,500 bales, have been placed. There
are several parcels to hand since our last, butm.'St of the-e
were placed. Prices are steady and the market closes at 2 7-16
@ 2/ée. for taper grades and 2^ b@ 2 % c. for bagging qualités.
S. Ori’ans ~9d)34 90,723
7, 00 72.293
Texas —
Savannah 8,413 »3.042
M obile. . .
720
1.701
Florida. .
LCarTina 6 22 7j 4 »,4 o7
S,»05
S.CarTina 1 699
Virginia.. 12.415 84.0311
260
5 1 1|
North, pts
Tenu.. &e. 1,90 > 4 .9 67‘
15 0|
893j
Foreign . -
as the weeks in different years do not end on the same day of
the month. W e have consequently added to our other standing
tables a daily and monthly statement, that the reader may
constantly have'before him the data for seeing the exact relative
movement for the years named. The movement each month
since September l, Î882, has been as follows.
Monthly
Receipts.
Year Beginning September 1.
1880.
1879.
1878
326.656
930,581
429.777
853,195
458.47S
968,318
333,643
888.492
288,848
689,204
T otalyear 1,3-9.994 l,307,21v 1.282,972 1,426.796 1,222 135
P-irc’ta g e o f tot. pot
2 1-29
21-13
27-18
21-72
rsoeipts Oct. 3 1 ...
978.112
1883
Sept’ mb’ i 313 81-O c to b e r.. 1,046 032
2 '-9 9
This statement shows that up to Oct. 31 the receipts at the
ports this year were 82,614 bales more than iu 1882 and
106,932 bales more than at the same time in 1881.
The
receipts since September 1. 1883, and for the corresponding
peiiods of th# five previous years have been as follows.
......
7 ,C ai
9,413
3 Ì ’,3 lÒ -
'*956
5,16 i
* 'l 4 7
2 .1 1 7
2,5 Té 13,650
"33‘Ì
1 0 .4 5 7 '
8,612
5,730
3 J .5 4 8 -
5,Òtti
1
i ’,371
.........
4,394 31,011 ¡1 ¿,407 j 8 2 ,7 9 »
S h ipp in g N e w s .— The exports o t cotton from the Halted
states the past week, as per latest mail returns, h a v e reached
145 485 bales. So far as th e Southern ports are concerned, theseare the same exports reported by telegraph, and published in
the C h ronicle last Friday. With regard to New York, weInclude the manifests of all vessels cleared up to Thursday
Oight of this week:
Total bales^
Y o r k —T o Liverpool, per steamers Abyssinia. 2 ,1 6 1 ....
-R.ic-iavia 2 731 ..C ity of Chicago, 6 0 1 ---- C ry o f Kich™,m l' ¿ t.lO
F i xmau, (additfoual) 7 1 d ....U a 11b , 900
^
. .. W isconsin, 1,0 88....... 1 2 ,8 2 8
To Mull, per t-teamer M aiviigo, 2, )5 3 ------- . . . . . . . . . . . . . . . . . . .
-,Uo<>
To Havre, per steamers Franco, (additional) 0 0 ---- Labrador,
1,299
160
T<i Bremen, per steamers Rht-in, 60-----VVerra, 10 0..................
25
To Hamburg, per steamer Australia, 2 >..... ............. . . . . . . . . .
9l<>
To Antwerp, per steamers Pointyn, 2 0 0 ---- R u /m a n d , 7 .O ..
150To Genoa, per steamer Britannia, ta t).. . . . . . . . . . . . . . . . . . . . . . .
V h-w O rleans — To Liverpool, per steamers Architect, a, >7t . . .
S ^ M
) ...C h ancellor, 3 ,7 9 6 ....C ity ot New Y oik ,
7 o i l ...E x p lorer, 2 .4 9 »___Ha sia, 3 ,9 J d ...L a sstll, A.Ooo
’ '•.West*Indian, 2 .8 9 5 .,....... . .................. . . . . . . . . . . . . . . . . , 3 8 ,0 1 8
To Havre, per steamers Lady Arm trohg, 5 ,6 0 2 -----Kbosina,
13,211
6 HO ) ___per bark M atte« R ,1 ,3 0 0 .................................... ....... 2 ,4 21
T o Bremen, per steamer Storra Lee, 2,4 21................- ..........---
stew
1881.
......
” 59 i
41.875 383,077 15,555; 92,211 1 6,617 41,310 1 9.936| 81.362:
SE
1882.
......
8oo - "80Ó
-.I --3,063 13,Ï58
3,683 28.128
1,936 j 9,*05
......
This year 49,623 396.181 12 055 j 74,424
C o m pa rativ e P ort R eceipts an d D a il y C rop ^ M o v e m e n t .—
A comparison of the port movement by weeks is not accurate
2,563
17,633
N o v e m b e r 17, 1883.]
THE CHRONICLE.
Total bate
To Revai. per steamer Tagliaferro, 4 ,0 72............ -----------------4,0
To V era Cruz, per steamer City o f M exico, 4 2 2 ------............. .
6
"Charleston —To Liverpool, per steamer South wood, 3,1 11....... 3,111
To Bremen, per steamers B oidicea, 3,5 65-----W uotan, 4,225
7,790
To Revai, per steamer Queen, 5 ,2 7 5 ............ ........ - - - - - .............
5,275
T o Genoa, per bark Atalante, 1,700....... .................. .................. 1,700
.S avan n ah —T o Liverpool, per steamer Castello, 6,870 Upland
___ Sirocco, 6,246 Upland and 78 Sea Island.......................... 13,194
"G alveston —To Liverpool, per steamer Pen-y-Ghent, 4,3 8 4 .......
4,384
To Havre, per steamer Neto, 4,538........................ ....... .............
4,538
To Bremen, per steamer Excellent, 4 ,1 3 2 .. ................. ............ 4,132
To Vera Cruz, per steamer W hitney, 8 0 0 ...-.............. '................
800
W ilmington —To Liverpool, per bark Griqua, 3,1 10.....................3,110
To Bremen, per bark Keplia, 1 ,8 00............ .............................
1,800
'N o r f o l k —To Liverpool, per steamers G eofredo, 7 ,1 5 2 ....King
dom, 6,840............................................... .......... ........................
13,992
B a l t i m o r e — To Liverpool, per steamer Enrique, 1,901............
1,901
To Bremen, per steamers Baltimore, 2 ,0 34.. .Nürnberg, 1,434 3,468
B oston—To Liverpool, per steamers Cephalonia, 1 ,3 6 7 ....Iber
ian, 5 2 6 .. Iow a, 3 3 0 ___ Victoria, 3 0 8 ..................................... 2,531
-Ph ila d e l p h ia —To Liverpool, per steamer Lord Gough, 2 ,2 0 0 .. 2,200
T o ta l.................... .............. ............................................. ..145,485
The particulars o f these shipments, arranged in our usual
form , are as follows:
Brem en
L iver<£•Ham- AntTern
pool. Havre, burg. werp. Reval. Genoa Cruz.
New Y o rk . 12,823 1,299
N.Orleans.-36,013 13,211
:■
Charleston
|
3,111 i _____
Savannah.. 13,194 ... . ..
'G alveston.. 4,384 4,538
W ilmington 1,110 ; . . . ..
N o r f o l k . . . . 13,992 ..........
B a ltim ore.. 1,901 ........
B oston........
T h ila d e lp ’a
2,531
2,200
185
910 . ....
150
2,421 ........ 4,072 ........
7,790 . . . . .. 5,275 1,700
. . . . ;. . . . . . . .................. |
4,132 . . . . . . ....................
1,800 ................................
............. . . . . . .
. . . . ..
3,468 ........ ........ ... . ..
422
800
Total
17,420
56,139
17,87
13.194
13,854
2,91
13,992
5.369
2.5
2.20i
T o t a l... 91.259 19 048 19,796
910 9.347 1.850 1.222 145,485
Included in the above totals are from New Y ork to Hull, 2,053 bales
Below we add the clearances this week of vessels carrying
■«cotton from United States ports, bringing our data down to the
latest mail dates:
G alveston —For Liverpool—N ov. 10—Steamers Effective, 4,5 46: Graf
ton, 4,802; Vola., 3,339.
-N e w O r le a n s -F o r L iverpool—-Nov. 9 —Steamer Silverton, 1 0 ,5 0 7 ...
Nov. 10—Steamer Egyptian M onarch, 8,062.
For H avre—Nov. 12—Steamer B riscoe, 6,9 21___N ov. 1 3 —Steame
Panama, 4.2 38— Nov. 14—Steamer Fournell, 3,68 L.
F or R eval—Nov. 9 —Steamer Glenm avis, 5,8 21___ Nov. 10—Steame
Regina, 6,384.
F or Barcelona-? Nov. 10 -S te a m e r Castilla, 2,167.
F or Malaga—Nov. 10—Steamer Castilla, 1,500.
F or G enoa—Nov. 9—Steamer Clandon, 2 661.
-Mo bile —For Liverpool—Nov. 12—Steamer South Tyne, 3,601.
¿Sa v a n n a h —F or Liverpool—Nov. 9 -S te a m e r E aling, 5,7 20___Nov. 1 0 Bark Boroma, 2 ,8 5 4 ___Nov. 15—Steamer Brem a, 5,091.
For Amsterdam —Nov. 13—Steamer Harbinger, 5,350.
G h arleston — For L iverpool—N ov. 9—Bark Ossuna, 2,7 32__ Nov. 1 0 Bark James Kenway, 1,838.
For B re m e n -N o v . 12 -S te a m e r Liscard, 5,417.
F or Barcelona—Nov. 12— Bark Neptirn, 1,336.
W ilm ington —For L>verpool—Nov. 12—Bark Atlantic, 1,524.
F or Falm outh—Nov. 10 -B a r k Sirene. 2,107.
F or Am sterdam —N ov. 9—Bark Empress o f India, 910.
□No r fo l k —F or Liverpool—Nov. 13—Steamer Hugo, 8,loO.
B oston —F or L iverpool—Nov. !>—Steamer Marathon, 72 3___ Nov. 1 2 Steamer Virginian, 4 4 2 ___Nov. 13—Steamer M issouri,-------- .
B altim ore —For L iverp ool—Nov. 14—Steamer Hibernian, 1,518.
-P h il a d e l ph ia —F or L iverpool—N ov. 9—Steamer Ohio, 1 ,5 2 4 ....N o v .
13—Steamer British Prince, 2,522.
Satur.
Mon.
Tues. Wednes Thurs.
Fri.
Liverpool, steam d. 316®732* 31S®732*
316®732* 316® 732* 316-13i4* 3ie_13€4*‘
Do
sail...<£
Havre, steam ___ c
716*
716*
TlV
71«*
7X6*
716*
D o s a il.......... c
Bremen, steam , .c.
716*
716*
716*
71G*
716*
716*
Do
sa il..-...c.
H im burg, steam . c.
V
V
38*
V
3a*
3a*
Do
s a il...c .
Lj*
Amst’d’m, steam.c.
Ig*
V
Ig*
v ’
Do
s a il...c .
R eval, stea m .. ..d .
9S2*
932*
932*
»32*
932*
932*
Do sail...........c.
Barcelona,steam.c. 15i 6*
15le*
1516*
1516*
58*
5g.
Genoa, steam ___ c.
P
5s*
%*
V
Trieste, steam ...c .
®8® %* ®8® %* ®8 ®%* 5*8®%* 58®%*
3s*
3g*
Antwerp, steam ..c.
%*
3g*
3&*
* Compressed.
S
L iv e r p o o l .— By cable from Liverpool, we have the following
statement of the week’s sales, stocks, &c„ at that port. W e
add previous weeks for comparison.
Sales of the w eek ............ bales.
Of which exporters t o o k ___
Of which speculators took ..
Sales A m erica n ....................... .
Actual ex p ort.............................
Forw arded..........................
Total stock -E stim a ted ............
Of which American—Estim ’d
Total im port o f the w e e k ......
Of w hicn A m erican...............
Amount afloat............................
Of which A m erican...............
Cotton freights the past week have been as follows:
Oct. 26
Nov. 2.
Nov. 9
70,000
4,300
2,100
48,000
8,400
4,600
470,000
253,000
40,000
29,500
148,000
88.000
63,000
2,700
2.700
39,000
7,400
7,000
433,000
226,000
35.000
18.000
192.000
126,000
58.00C
2,900
970
43.000
7,403
10,500
438,000
2 2 «,000
78,000
51,000
216,000
161,000
Nov. 16,
55,000
3,600
67Ò
39,000
3,300
8,800
434,000
224^000
59,000
40,500
262Í000
216,000
The tone of the Liverpool market for spots and futures each
day of the week ending Nov. 16, and the daily closing prices
of spot cotton, have been as follows.
Saturday Monday.
Spot.
Tuesday.
Market, Ì
12:30 p.M. j
y id U pl’ds
h id .O rl’ns
Sales..........
? 3pee.& exp.
Dull
and
easier.
5*8
6 .
7,000
500
Mod. inq.
freely
supplied.
5 7s
6
10,000
1,000
Dull
and
easier.
5 78
6
7,000
500'
Futures.
Market, ?
12:30 p .m . j
Flat.
Easy.
Flat.
Market, 1
5 P. M. $
Flat.
Dull.
Quiet.
TFeines. Thursd’y.
Mod. inq.
freely
Steady.
supplied.
578
5%
6
6
10,000
12.000
1,000
1,000
Friday.
Steady.
5 7s
6
10,000
1,000
Dull.
Quiet.
Quiet.
Steady.
Sellers at
previous
quotat’ns.
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 6 4ths, thus: 5 62 means 5 62-64d.
and 6 03 means 6 3-64d.
Below we give all news received to date of disasters to vessels
•carrying cotton from United States ports, & c.:
B riscoe , steamer (Br.),.at New Orleans loading fo r Havre. Cotton on
board the British steam er Briscoe ignited Nov. 10, through sparks
from a passing tug, hut the damage done was slight. Some cotton
on the w h arf fo r the Spanish steamer Federico also caught fire
B om the same c iuse, but the flames were prom ptly extinguished
-F y l g ia , steamer (Br.), loading at Savannah, fo r Reval. The cargo o f
steamer F ylgia was discovered to be on fire A. M. Nov. 13, hut
only three bales o f cotton w e ie -damaged. A survey was held, and
the cargo in the forw ard hold was oraered-to be discharged.
X onghirst , steamer (B r ), before reported, from Savannah for Reval,
w hicn put into H alifax, Nov. 2, was ready fo r sea Nov. 13, hut
strong winds prevented her going out.
X yktjs, steamer (Br.). Philliskine, from W ilmington, N. C., Oct. 16, for
Liverpool, was towed into Milford Haven, Nov. 9, disabled.
□Panam a , steamer (Fr.), before reported on fire at New Orleans. Twenty
hales o f cotton were badly burnt, and sixty considerably damaged
b y water and somewhat scorched by tire in the after port hatch.
The total damage to vessel aud cargo w ill probablv not exceed
$1.200, covered b.v insurance in Philadelphia and New Orleans.
The Panama had on board 2,840 hales cotton and 8,000 bushels
wheat.
□Pa r is , steamer (Br.), Pkillpqt, from Havre via Antwerp and Bordeaux
fo r New Oi leans, w hich put into Fayal with m achinery out of
order, repaired and resumed her voyage and arrived at her port of
destination Novem ber 9.
F r in z A l e x a n d e r , steamer (Ger.), from New Orleans fo r Bremen,
w hich returned to the form er port Nov. 2, when about 180 miles
o ff the Passes, was discovered leaking in her water ballast tank in
the after hold. As it was im possible to stop the leak they were,
com pelled to throw overboard her deck load and a quantity o f
coal. The P. A. discharged part o f her cargo o f cotton, repaired
and resumed her voyage Nov. 11.
S pearm an , steamer (Br.), before reported, at K ey West. The fire on
board steamship Spearman (Br.), from Galveston for Genoa, which
put into Key West, had not been extinguished up to November 9.
Twenty bales o f cbttou charred t-o a cinder, were,thrown overboard
on that date, and the tire was making i ’ s way forward.
x a g l ia f e r r o . steamer (Br.), at New Orleans, loading for Reval. A fire
among a lot o f sails, &e., was discovered night o f Nov. 2 in the fere
peak o f steamer .lag liaferro (Br.), at New Orleans, hut it was
immediately extinguished b y the vessel’s crew w ith slight
d am age resit 11 ng.
T allah assee , steamer, from Savannah fo r New Y ork, was discovered
on nre in tlie lorward compat t.ment o f the low er hold, at 6: f.% P.M.
viPL’ aV n
•hbfkLmits, New York h a rb o r., She reached pier
Bo is or til Ri v> r, at 10 o ’clock same nay, and the fire was not extinguisned until noon of the 13th, when the com partm ent in which
tne nre originated was filled with water by the lire boats. She
was being pumped out A. M. o f the 11th. It was stated that the
dam age done would exceed $5u,t 00.
511
S a t., N ov, 1 0 .
M on ., N ov. 1 2 .
T ues., N ov. 1 3 .
Open High Low. Clos. Open High Low Clos.
November..
Nov.-Dee...
Dec.-Jan....
Jan.-Feb....
Feb.-March
Mar.-Apr...
April-May..
May-Jnne .
June-July..
July-Aug...
Aug.-Sept..
Sept.-Oct...
d.
5 55
5 54
5 54
5 51
5 57
560
5 63
6 01
0 05
d.
558
5 54
5 54
5 54
5 57
5 60
563
601
6 05
d.
5 57
5 53
5 53
554
5 55
5 59
5 63
6 Ot
6 05
d.
d.
5 57 5 56
5 53 5 53
5 53 5 52
554 5 52
5 55 5 55
5 59 558
5 63 5 00
6 01 6 01
6 05 604
d.
5 56
5 53
5 52
5 52
5 55
5.58
560
6 01
004
d.
5 55
5 52
5 52
5 52
554
5 57
5 60
6 00
0 04
d.
5 55
5 52
5 52
5 52
551
5 57
5 60
6 00
6 04
High Low. Clos.
d.
5 56
5 52
5 51
5 52
5 54
5 57
5 60
o 63
d.
5 56
5 52
5 51
5 52
5 54
5 57
5 00
6 00
d.
d.
5 54 5 54
551 5 51
5 51 5 51
5 51 5 52
5 53 5 54
556 5 57
5 59 5 60
5 63 600
....
W edn es., N ov 1 4 .
T h u rs., Nov. 1 5 .
F r i., N ov. 1 6 .
Open High Low. Clos. Open High Low. Clos. Open High, Low. Clos.
November..
Nov.-Dec..
L)ec.-Jan...
Jan.-Feb....
Feb.-March
Mar.-Apr...
April-May..
May-June..
June-July..
July- Aug...
Aug.-Sept..
Sept.-Oct...
d.
5 55
5 52
5 52
5 52
5 54
5 57
5 60
6 00
d.
5 56
5 52
5 52
5 53
5 55
5 58
5 01
6 01
d.
555
5 51
5 51
5 52
551
5 57
5 60
6 00
d.
5 56
5 52
5 £2
5 53
5 55
5 53
5 61
6 01
d.
5 57
5 55
5 51
5 54
5 51
5 60
5 63
6 03
d.
5 59
5 56
5 56
5 50
5 59
5 61
6 00
6 04
d.
5 57
5 55
5 54
5 51
5.57
5 60
5 63
5 03
d.
5 59
556
5 56
5 50
5 59
5 61
6 00
601
d.
5 59
5 50
5 56
5 57
5 59
5 62
...
...
d.
5 62
5 59
5 53
5 53
5 61
d,
d.
5 59 5 01
5 56 558
5 56 5 58
5 57 5 58
5 59 5 60
6 00 5 02" 563
604 6 02 6
6 0Ô 6 05 6R5
0 09 6 09 6 09
6 15 615 0 15
B R E A D S T U F F S.
F r id a y . P. M.. Nov. 16, 1883,
Flour has been only fairly active, but with the receipts not
excessive prices have been about steady, the firmness of the
quotations for wheat at times also serving in a measure to
encourage holders. The receipts have been mainly of spring
THE CHRONICLE.
542
■wheat flour, and the arrivals of winter grades have been so
moderate that little accumulation has taken place. Rumors
that railroad freights to the seaboard are likely soon to be
¿advanced have likewise had some influence in keeping prices
’comparatively steady here.
To-day the market was steady
hut only moderately active. The export sales were mainly for
;*fche W est Indies. There was only a light South American
■¡trade in Southern flour, which was in ample supply.
Wheat has been less active on speculation, and has, moreover,
mot sold quite so freely for export. Prices have been depressed,
hut no marked change has taken place, a decline some days
rago having latterly been recovered. An increase in the
receipts both here and at the West, together with less favorable
European advices, bad a weakening effect on prices at one
dime, but an advance in Chicago, which followed the announce
ment that the visible supply in the United States was 354,232
bushels smaller than that of last week, led to a re-action here.
D uring the week the quantity afloat for Europe has increased
360,000 bushels. White wheat has continued scarce, and to_a
"great extent nominal. Only a small business has been done in
Spring wheat, which has also been in small su pply; No; 2
Chicago in store has sold at $1 07. To-day, with a slight rise
¿at the W est, prices here were % @ % c . higher. No. 2 red on the
¿spot sold at $ 1 14-/£@$1 14% in elevator and $1 16% delivered
¡from elevator, though poor No. 2 was quoted at f l 11/6 de
livered from store; options sold at $ 1 1 1 % for No. 2 red
‘fo r November, $1 12% @ $1 12% for December, f 1 14% @ $1 14%
for January and $1 20 % @ $1 21% for May.
Indian corn has at times been quite depressed owing to
‘heavy receipts at the West and good drying weather. On
"Wednesday the quotations on the spot fell 1@ 2 cents. But
within the last two days the market has become firmer at a
■«light recovery in prices, due mainly to a rise at Chicago where
fh e receipts have decreased.
The' visible supply in this
■¿country, as stated yesterday, is 701,373 bushels smaller than that
*of last week and the quantity en route for Europe shows a
alight decrease. These facts do not give much strength to the
position here, but, nevertheless, serve to arrest the decline.
T h e trading has in the main been moderate, whether on the
«pot or for future delivery. To-day the trade was small and
'the cash quotations rather weak, though options advanced a
trifle. No. 2 mixed sold at 61c. afloat and No. 3 at 56c.
Dptions sold at 60% @ 60% c. for December, 60% @ 60% c. for
January, 60c. for February.and 60% @ 60% c. for May.
Rye has sold moderately at slightly higher prices. Barley
b a s been fairly active at an advance ; to-day No. I Canada sold
a t 91c.. and Western at 65@67c. Buckwheat has declined.
Oats have not shown any marked fluctuations, though the
tendency of prices has been downwards. The transactions have
reached only a fair aggregate. The visible supply remains
about as it was last week, and there is not much animation in
¡the speculation either here or in Chicago. To-day the market
was moderately active and about steady. Options sold at 35%c.
for November, 36% @ 36% c. for December, 37% @ 37% c. for Jan
uary and 40@40% c. for May.
The following are closing quotations :
.
City shipping extras. $5 10®
Southern bakers' and
fam ily b r a n d s ......... 4 85®
Soutli’nr skip’g extras. 4 10®
Rye flour, superfine.. 3 65®
Com meal—
Western, & c........ .
3 00®
6 25
Brandywine. <fce___ 3 35®
7 15 Buckwheat flour, $
7 25 i 100 l b s . . . ................ 3 65®
GRAIN.
W h ea tRye—W estern......... . . . 6 7
Spring, per bush. 1 0 0 ® 1 18
State & Canada___ _ 71
Spring No. 2 . . . . . 1 0 7 ® 1 08
Oats—M ix e d ..............35
R ed winter, No. 2
14l2®l 1612
W hite................... — 3714®
R ed winter . . . ..
98 ® 1 19
No. 2 m ixed .......... 3 b \ 9
96 ® 1 19
W hite....................
No. 2 w h ite .............. 38is $
W hite No. 1 ........
..... ®
B ariev—No. 1 Canada. 91 ®
55ia® 59
Corn—West, m ixed
No. 2 C a n a d a .,....... 86
®
61 ®
West. mix. No. 2.
State, tw o-row ed .. . . 70
White Southern..
68 ® 71
Stat*', six -ro w e d ___78
Y ellow Southern.
62 ® 64
B u ck w h e a t................. 88
®
Western w h ite.........60 ®
62
The exports from the several seaboard ports for week ending
Nov. 10, 1883, are shown in the annexed statement;
Exports
fr o m —
3 00
3 25
"3 50
5 00
6 00
4 00
’Chicago........
’Milwaukee..
'Toledo.........
D etroit... ..
Cleveland....
gt. Louis —
Peoria..........
'Duluth........
Tot. wk. ’83
Same wk. ’82
Same wk. ’81
SlnceAug.l—
1883..........
1882..........
1881.........
6 75
5 75
4 00
3 35
3 40
3 90
681a
7312
37
43
36
3814
92
83
80"
90
Flowr.
Wheat.
Com.
Oats.
Barley.
Rye.
Bbls.lMlbs Bush.60 lbs \Bush.56 lbs Bu8h.32 lbs Bu8h.48lbs Bush.56 Ibi
79.914
512,050 1,168,997
863,018
855,182
118.189
90,462
217,900
8.2C0
64.075
215,159
5,100
323.214
8,927
44,861
21,095
20,720
7,701
153,254
29,231
95,040
3,029
20,127
41,141
5,000
2,410
20,111 ' ' . 2,438
6,629
140,300
38,159
290,284
143,081
.177,450
7,552
176,400
650
14,400
335,905
12,200
24,S00
299,227
25,000
243,551
267,904
191,989
1,851,470
2.110,272
876,171
1,572.989
1,202,005
1,948,121
1,542,920
954,799
548,227
805.258
624,734
475,806
169,521
142,149
59,547
2,961,208 36,210,515 38,592,812 24,087,084
2,956,300 40,088,915 . 18,781.926 18,775,355
2,739.824 20.808.573 50.659.389 11,935.010
6,751,285
5,282,481
4.673.871
3,917,747
1,774.247
2,282.481
Oats.
Bush.
1,055
38j375
193,322
1,831
138,797
194,377
1,962
79,331
88,059
29,073
411,139
71,368
66.484
15,246
37,600
120,013
1,212
147,027 1,223,405
655,412
181,059
106,793
903.271
Flour.
Exports
for week
to—
1883.
Week,
Nov. 10.
Bush.
523
96
Wheat.
1882.
Week,
Nov. IT.
1883.
Week,
Nov. 10.
Un.King.
Oontin’ nt
8.& C .A m
W. Indies
Brit. Col’s
Oth.c’nt’s
Bbls.
106,181
5.369
3,339
15,430
15,605
1,103
Bbls.
134,717
8,420
3,606
20,994
11 549
1,773
T o ta l...
147,027
181,059 Í,223,405
Bush.
812,277
411,128
Peas.
Bush.
100,422
Bush.
226,133
179,936
1,402
Rye.
The destination of these exports is as below,
corresponding period of last year for comparison:
"T h e movement of breadstuffs to market is indicated in the
¡^statements below, prepared by us from the figures of the New
r VorkTroduee Exchange. W e first give the receipts at Western
FLake and River ports, arranged so as to present the compara
t iv e movement for the week ending Nov. 10 and since Aug. 1
for each of the last three years:
■Beceipts at—
Oom .
Bush.
588,825
43,000
Bbls.
55,315
63,298
655
22,403
3,954
Total w ’k.
3’me time
1882. ..
5 65
*
Wheat.
Flour.
Sew York
B oston...
Portland.
Montreal.
Philadel..
Baltim’re
ST.Orl’ns .
flour.
No. 2 sp r in g ... $ bbl. $2 25®
No. 2 winter . . . r . ..... 2 75®
S u p e rfin e ...,.............. 3 00®
Spring wheat extras.. 3 75®
Minn, clear and stra’ t 4 25®
Winter shipp’g extras. 3 60®
W inter clear and
straight.................... 4 00 ®
Patents, spring.......... 5 75®
Patents, w in t e r .... .. 5 50®
[Vou XXXVII.
1882.
Week,
Nov. 11.
Bush.
630,947
268,321
^ -I-
' 3,995
8
903,271
W e add the
Oom .
1883.
Week,
Nov. 10.
1882.
Week,
Nov. 11.
Bush.
504,079
133,515
4,725
6,049
875
1,169
Bush.
92,353
685,412
106,793
4,442
6,238
2,484
1,296
By adding this week’s movement to our previous totals we
have the following statement of exports since September 1, this
season and last season.
Flowr.
Exports since
1888.
Sept. 1, to— Sept. 1 to
Nov. 10.
1882.
Sept. 1 to
Nov 11.
Wheat.
1883.
Sept. 1 to
Nov. 10.
Corn.
1882.
1883.
Sept. 1 to ' Sept. 1 to
Noth 10
Nov. 11.
1882.
Sept. 1 to
Nov. 11,
Un. Kingdom
Continent...
3. &C. Am...
West Indies.
Brit. Col’nies
Oth.countr’s
Bbls.
1,187,448
60.420
118.661
187,172
' 175,630
6,913
Bbls.
1,265,834
152,270
134,267
212 959
183,397
11,001
Bush.
8,573,545
2,303,526
311,261
123,852
59,839
101,960
Bush.
873,171
169,276
73,034
92.777
21,999
11,356
Total. . . .
1,736.251
1.959,728 11,771,491 26,600,287 11,473,983
1,241,613
Bush.
Bush.
6,847,548 14,310,383
4,90 i,978 12,116,034
26,302
375
16,533
12,881
10
8
134,099
The visible supply ot grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, Nov. 10, 1883, was as
follows:
In store at— »
Sew York . . . . . . . .
Do. afloat (est.)
A lban y.................
Bufialo................si
Chicago-----------
M ilw a u k e e .......
Duluth .................
T oled o......... .
Detroit..................
Oswego................
3t. L o u is ...,.........
Cincinnati..........
Boston.................
Toronto.................
M ontreal..............
Philadelphia........
.P e o r ia ................... .
' Indianapolis.........
Kansas C ity.........
B altim ore............
Down Mississippi.
On r a il.. . . . . . . . . . .
On lake............ .
On canal.............
Tot. Nov. 10 ’ 83.
Tot. Nov. 3 /8 3 .
T o t .N o v .i l /8 2 .
Tot. Nov. 1 2 /8 1 .
Tot. Nov. 1 3 /8 0 .
Corn,
Oats,
Wheat, <
bush.
bush.
bush.
8,366.849 3,934,509 2,760,384
120,000
. 240,000
60,100
15.500
3,000
2,211
338.799
1,620,438
8,065,545 1,133,749 199,335
12,884
523
1,094,080
1,064,898
149,745 109,530
1,941,461
19,425 121,679
331,800
268.000
75,600
149,234 125.719
1,881,541
43,813 102,639
167,431
416,814 207,210
92,217
54,835.
2,694
23,633
147,611
225,861 173 201
1.022,788
45,405
81.991
4,904
14,700
53,800
219.600
51.174
26,816
376.766
17,303
201,039
2,180,467
22,655
Í26.137
593,946 1,211,997
327,707
447.408 1,130,339 150,083
632,000
79,000
1,048,500
Barley,
bush.
107,360
112.000
24,000
50,392
153,751
333,451
6?1
11,649
410,938
85.628
27,714
16,447
221,713
26,178
4,308
Rye,
bush.
614,849
24.000
27.000
59,476
1,053,160
21,924
24,227
2,018
7,645
97,200
49,746
12.990
455.975
15,300
394.500
67,940
19,100
49,986
12,300
46,781
59,529
48,000
144,200
30,775,446 9.634.395 5.516,281 2.456.925
31,129.678 10,335,768 5,510,990 2,386,834
19.189,168 4,067,168 3,772.154 2,856,957
21.057,859 24.372.782 3,659,795 2,931,097
23,244,986 16,492.430 4.477,433 3,472,^44
2.442,066
2,358,834
1,138,023
1,342,504
552,385
A gricultural B ureau R eport — The Agricultural Bureau at
Washington issued the following report November 12 :
In October the final report of “ condition of corn which aver
aged 7 8 ” was interpreted to mean a product “ close to sixteen
hundred million bushels.” The acreage yield per acre appears to
be twenty-three and one-tenth bushels, one and a half bushels per
acre lower than the yield of 1882. This gives a result practically
identical with that of October. On the average reported in
July, sixty-eight and three-tenth millions, the exact figures
would be fifteen hundred and seventy-seven million bushels.
In the revision of the season’s returns this result will not be
materially changed. The product will therefore be about forty
million bushels short of the previous crop, notwithstanding the
increase of area. This is the third in succession below an aver
age yield, following six successive crops above an average yield,
or twenty-six bushels per acre. The yield of the corn surplus
States are as follows : Ohio, 28 bushels per acre ; Indiana, 27 ;
Illinois, 26 ; Iowa, 24 3 ; Missouri, 27’5 ; Kansas, 36*7 ; Nebraska,
36 bushels. The best quality and largest yields of the season
are in the Missouri Valley. In the Middle States New York
averages 22 ; New Jersey 2 8 ; and Pennsylvania 28*5 bushels.
In the Southern States Maryland averages 23 5 bushels;
Virginia, 14 ; North Carolina, 12 ; South Carolina. 8 ; Georgia,
9 ; Florida, 8’5 ; Alabama, 11.5 ; Mississippi, 13 5 ; Louisiana,
14-2; Texas, 17 5 ; Tennessee, 20 bushels.
THE CHRONICLE.
N o v e m b e r 17, 1888.]
The quality of the crop in the frosted belt is very poor. The
quantity reported is 20 8. bushels ia Minnesota, 21 ‘5 in W is
consin; 23 5 in Michigan.
The potato crop is large, as before reported, amounting to
about one*hundred and seventy-five million bushels.
The following statement, prepared by the Bureau of Statis
tics, will show the exports of domestic breadstuffs from the
undermentioned customs districts, during the month of Oct.,
1883, and for the ten months ended the same, as compared
with the corresponding months of the previous year
o
■0cf oet- oet-ct1 - - MH OO
OOf} ©
¡3®
a c+
œ C gP ®
g
5 C
Po
B.^p gtg h q S
Él
----° £ S'P'1
o®
aB
Bi f f l
O O |_|LJ
? ? 00oc
® ® GDGO
e ts t o «
*T3oo s;
®
ÍÉÍfWSSHfltco
El’ ® si
|S:|
Sw ISflsiíl
"5'< VK ^*tí HÍ
® o® © .
BgTf :
OQ»
d’ 8
&
5. ©
• S toco :
© it oooo •
p d tow •
pi P-.î : i
P
-P<
® ®
P<&
CD CD • «
OO
oo' : :
®®' • ■
•
t' ;
cao
oooo
oooo
toco
CnCn©en
HOl^CC
OOCO<J
cn©toM.
4^Xrf^bC
tO© MXj
H 4*C0tOtO
M©co©#».03©o5tD
M ©© © cnp© M to
w t o x b ^ c o i- c c x
m oo to•©o» co 05o a
oo** cnx © co cn© m
M4^©©
©coc
; Jf>GDM
>-*to oo to
C C © C •"
to to COCD,
to M
M
M CnCOCOto CO
OOMCOm 050>000505
p © © © iOM©Ma
<1tOXCnlo W© ©O*
- CD0510 CnCDCDCOCD0«
m o o cnto 05oo Ma
CnM©M
h
to e :
tOXCOM
M to COc ^
.Û0OÇ&H Çj © m ■ Wp©4^Mp
Tccnx u
tocona
to 05 t o • M 43*OTCn© Cn
4©05CO) tOCO»-405COM
CnMX. HOlO^lHvi;
oo m oc a
CO4R
WHWf.
x V mco
tOtO05 CD
©Mtoto
Oofe-WM
000 0500
tO0505CD
4* MtOCOCD
CDto O. O 05M
CO
M
M~*-©‘ Cnl©© © CD
*-05<T, 4* MtOCOD5M ?
0000CD• MMr- O O U
toco
coto*-»»^
MMp p
i-u» bolo
0 -0 5 0 CD .
CO CO CD GO 1.
-- to
05O Mtv
00 0 »0 7
U<COo CD
m ocDx
P P Hit*
MOOQO
comOM
ppppl
M COM CO
m e MM
m
M CJ» ►-
a p m o X o a oo co 4^to
^ MMX
to co
co a
^ MCnrf^ cocDCJfCno.
P Mp p M ^ COMCOCC
en
ÎF
*bo
m Io moi cole MC
--M r-K CMM^COCoaC50MO'
M ^ *J» p . Cj“ oocnpM miF O k-o;
M or 05 GO
CD 4^ 05 M*
m lo b o CD
COM *
CO
M
p c
cocncnlk
tO a 05X05
acooMcojft
m
HOI
HtOtO ©M©cnooto
Ü»4*X ^ CO 05 »H to CD
© b3M4>*MCppir-ppjH
r*H mV o '* .V x m ©05,
COto U»tool X © CJ» © © 4 - i
O CDC04-M Cn oo © M M C*: j
MM
M05XM
8 x
ppp
Iocom cd
DXOM
sI m
toMa
S1«
*6*’ S o*5 ^toco
CD CO 4T s5 p p p x
to tf*(F-HCD'JOOl'
4 Cn © M h-* ^ H* O« Oi, CD
tO M X M X tO M © © t
M tO M M tO tO CO CD M C CD
10m
OM
tOXCDCC
CDtOCOtOMCC
COO COCDC7»O'
slightly improved^,demand for small re-assortments of staple
and department goods, but business in this connection was by
no means active. The market for domestic cotton and woolen
goods ruled very quiet, operations by jobbers and the clothing
trade having been confined within the narrowest possible limits
Foreign goods have been dull with importers, with the exception
of a few articles adapted to the coming holiday trade which
were distributed with comparative freedom. Prices have not
materially changed, but it is a buyers’ market for some kinds
of domestics, prints, and print cloths, &c.
D omestic C otton G oods .— The exports of cotton goods for
the week were 1,962 packages, including 714 to Great Britain,
285 to China, 121 to U. S. of Colombia, 112 to Chili, 108 to
Hayti, 107 to Santo Domingo, &c. There was a continued light
demand for plain and colored cottons at first hands, and the
jobbing trade was sluggish. The most desirable brown and
bleached goods are unchanged in price, but outside makes are
a trifle easier. Allendale and Pembroke wide sheetings are
quoted lower, but the better grades are steadily held. Print
cloths have been quiet and weak, closing at 3 9-16c. less 1 per
cent for 64x64s, and 33^e. asked for 56x60s. Prints were dull in
agents’ hands, and prices for fancy prints are weak and
unsettled, as far at least as “ off-styles” are concerned.
D omestic W oolen G oods .— There was a very limited demand
for men’s-wear woolens, and transactions were mainly restricted
to making deliveries of spring goods on account of back
orders. The most desirable cassimeres, suitings and worsteds
are steady in price, and pretty well sold up, but inferior styles
are in ample supply and less firm than really attractive goods
Cloakings ruled quiet, and Jersey cloths and stockinettes were*
very dull, owing in a measure to the keen competition of im
ported goods of this class. Satinets and Kentucky jeans were
lightly dealt in, and there was a very moderate business in flan
nels, blankets and dress goods, .while transactions in hosiery and
underwear were chiefly confined to placing orders for next
spring.
F oreig n D r y G oods .— There was little, if any, improvement
in the demand for imported goods at first hands. Velveteens
were in fair request, but silk velvets, plushes aud silks ruled
quiet.
Dress goods were dull and cloakings were freely
offered at auction,'where they were readily disposed of, but at
low prices. As above noted,' holiday goods were fairly active.
- I m p o r t a t io n s o f D r y G o o d s .
toco* co
oto;
OCC.
enco a co
O co 03 O » -* CD
COOXOOCO
The importations of dry goods at this port for the w e-k
ending Nov. 15,1883, and since January 1, and the same facts
for the corresponding periods of 1882, are as follows:
K
P
5,132
287
600
687
29
4,167
to to
ppM w ppa
-•CD tOCC
ife
1,652
6,890
m
05 05 MCO
Cb toxa co
19,444
16,508
175,807
140:653
)OH^ © m © © coco
5000005 COMODO*-4tO
)© MbOM X C3 05 tO Ml
►
MOCOCDX M 05 05 tO)
4*
p
o.
X CD (F*X M M V CD M M M
M O» ^ O a CDU» M M 05 OC
MW
©05 M4^
© 0 0 CO w M © cn x t o lo c
--©COM
bOM
CO
© © x M x c n © x w to a
ptMpM ; ; j ; * ; w oi' v 00
fûC5000i|FH<10ü'C5^
©MCOV • ; • • • * coco' * 4^
ÎSS, M co a c : i : : : ; to © ; ; to
© CO© M • • • • • • m m . . ©i
P.
to
to
05
»S
-$*
P H pppO M pp
& JO 05H
*CO
4* ^Cn©©CD4~43*©tC
I > jDMMiC
wcnto©toMXM©M©
tOOUOtOH*HHC5 rfRp p
XM pa
m~mm © © 4^colo co ©^fbccnco
CDGOCOMOù05tf^to O,COM
COtOrf^M
* 1CO00MCDCOO 00M05M;
C04^C
♦ in clu ded in the foregoing totals are the reports from Milwaukee.
N ew Haven, Portland ana Falm outh, Richm ond, W illamette and Y ork
tow n, the details fo r O ctober, 1883, being as follow s
MilwauNew
Port
R ich
Willa
York
Barley—
kee.
Haven.
land, <£c.
town,
mond.
mette.
B u sh els.................................... ;
Value . .$
..........................
Indian corn—
B u sh e ls..
.........................
150
Value . .$
..........................
98
Indian c o m m eal—
Barrels . .
I ........................
. V a lu e ..$
......
...... ,
Oats—
B u sh els...................
.........
Value .
..........................
R yeB u sh e ls..
.........................
V a lu e ..$
......
.........
W heat —
B u sh els.............. .
.........
487,355 97,894
Value . . $ ..........................
472,125 107,781
Wheat flour—
B a r r e ls ..
................... .
5,289 10,391
10,400
15
Value .
......
|___ ;.
24,182 77,337
64.070
100
Total values—
O ct.,’8 3 .$
___ _
496,307 185,118
64.070
198
O c t.,’8 2 .$
.........
7 280
642,108 145,778
1,821
93,079
10 months—
1 8 8 3 ..
.$ 633,585 43,067172,674
981,950 2,100,417 812,533
1 8 8 2 ..
.$ 240,516 58,558
155,185
813,266 4,211,397 550,437
DRY GOODS TRADE.
F rid ay . P. M., Nov. 16, 1883.
Quietness has prevailed in all the wholesale branches of the
trade the past week. The weather has been more favorable
for retailers, and jobbers have consequently experienced a
o
S P Eic+ © 2
S,
ft
®
an88 wft-o P
p
§
*\PPPP P PPP
THE
543
®
05
ftM
05
05©
CO | C 0 ©
a ! ©M
M
M
X
R r
X
CO M
© M
o
M
05©
COM
M
M ©
©
R
CO
M
M
©
X
ÜI
X
o
X
©
COW
tOií^i
CJt»F4 »-©
M M
©CO
© to
© CO
lo ©
toco
© M
a rto
©•
©;
M
M tO tO M tO
en m to co ©
M M tO X ©
X tO
M tO
to © x to ©
00 M M b » ©
M C n i4 © < J
CO©M CO©
to co en c o m
tO M C O M ©
co en m bO ©
© coxcncn
M m co en Lo
t O M © u en
e o © M to to
tt- to
X tO
co©
M ©
M
CO 4^
to ©
to ©
co©
co©
m CJT
X
bi
©
X
R
X
-I
©
4©
M
tO M
© X
M ©
CO ©
© ül
M íe -
M
M tO M M tO
to 4^ en ©
© -JO to © M
CC fc3 <1 ><-f t
to t o © © ©
x to
M ©
1 © M
-1CJ»
COM
1 i^ .b t
1 o o
1 en©
M
tO CO X 4^ ©
1 oo b » © io ©
m M M D ©
©
! © m en
i i-* M f t '£ 05
M M M O M
1 © M © M tO
1-1
©IF-
CO^
CDtO
© D to to co
en © e n eneo
Cb M — en m
M
M
© M © CO
4* a c j» c o
to © © M
a © © co
m
05 bO H
CO
O ^ CH X 03
tO M m O tO
lF*C0
coto
CD**
M
M
CB 4“ M Cn M
©XMM CO
© co oo to en
© M c n -i ©
tO CO M X ©
M
M
to
-i
M
X
M
X
CD
©
©
M
4^
CO
o
©
1 M
! H
Inffil
» ■•=
p:
a
>•
M.tO
M
M
X
to
©
i“
ft
ft
to
COM
tO tO
05 COX CD 05 -
COCO^MO-6©
bOM © M M
05 M CO tO X
4s* 03 CO to CD
ft
M
to
©
CDO COCOM
X X O —iF*
m 4^X 4^X
'coartato
C5CHXf^X
f - X X 4^ o
-a f t
O -J
x to
MM
© O X M X
© c o coleto
tO M M Cn X
M F iF m h
to Ot X M to
CO DM 03X
© to
© to
to ©
tote
4^©
«O ft
enx
Men
to M w w -a
© © e n te c o
© c n c o to M
© to © M to
M © x XM
CO © © M ©
M C5 M COX
—0<XCJi©<^
^00j35GDM
m Io o m ©
0 5 CO OCT* CO
Mc04^MM
£*MM COM
to o im o x
05 4=*M
X
X©
COM
o
MX*
©
I
M
M
COCO
©
to 4^
©
X
to ©
GO
CO M
o
m en
©
M tO - 1 M
f t f t M ^ i><
x © c n M to
05
CO CO M
COCJiCDMM
M
C J t c n x M -»
© c n © © tfR
l~‘ w o a 5 -a
4^ © tffc© ©
M 03 CO © tO
M tO ^ tO tO
M to M ^ 05
tO M
© X
M »0
COCO
©©
to ©
M
© tO M M tO
CO IO 03© ©
CD © © tO M
tO 03 0 ^ 1 0 0
a O H O w
X CO
M©
©M
-a to
C0«0
tf^M
©cn
en m
M
tO COX 4^©
4^XD M M
© CO © M M
ÿ ltJ O O ÿ
co © w co ©
© X © ÜTM
© © O» © M
4^
M
©
o
cn
to
U4
M
M
©
p
M
cn
I©
©14^0X4**
OO MÄM^B
Mtobtxu»
to O ‘J ' C O F
M COXCNX
MMiN03£*
O jO C O t O X
CO © © C O 4^
© T X © t o CO
M OCO X ©
HtOMM
P to 4^P©
4^M©b©
C
04^03tf^M
rf^MpMjia.
CO 05 t o t ©
P 0 4 -M »
COM D CO CO
sl
THE CHRONICLE.
Ò44
%\xs\xximtz.
m x s v ix & n tz .
MUTUAL LIFE
OFFICE OF TH E
A T L A N T I C
INSURANCE COMPANY
O F N E W YORK.
Mutual Insurance Co.,
NEW Y O R K , January 2 5 ,1 8 8 3 .
T h e Trustees, in conform ity to the Charter o f
the Company, submit the follow ing Statement
o f its affairs on the 31st December, 1882:
Prem ium s on Marine Risks from
1st January, 1882, to 31st De
cem ber, 1882.............................. $4,412,693 58
Premiums on Policies not marked
off 1st January, 1882................ 1,516,844 85
Total Marine Prem ium s....... $5,929,538 43
Premiums marked oft from 1st
January, 1882, to 31st Decem
ber, 1882....................... .
$4,390,305 90
Losses paid during the same
p
e
r
i
o
d
.
$2, 013, 767 35
Returns o f Premiums and E x
penses.. . . . . . . . . . . . . . . . . . . . . . . .
$823,304 50
The Company has the follow in g Assets, viz.:
United States and State o f New
Y ork Stock, City, Bank and
$8,974,558 00
other Stocks.................
Loans secured b y Stocks and
otherwise..............................
1,575,500 00
R eal Estate and Claims due the
Company, estimated a t...........
531,118 15
remium Notes and Bills Re
1,725,575 02
ce iv a b le .A .......... ......................
364,923 85
Cash in B a n k ................................
A m ount................................... $13,171,675 02
S IX P E R CENT INTEREST on the outstand
in g certificates o f profits w ill be paid to the
holders thereof, or their legal representatives»
on and after Tuesday, the Sixth o f February
next.
TH E OUTSTANDING CERTIFICATES of
the issue o f 1378 will be redeem ed and paid to
the holders thereof, or their legal representa
tives, on and after Tuesday, the Sixth o f Feb
ruary next, from w hich date all interest thereon
Will cease. The certificates to be produoed at
the time o f paym ent and canceled.
A D IV ID E N D OF F O R TY P E R CENT is
declared on the net earned prem ium s o f the
Company, for the year ending 31st December,
1882, fo r w hich certificates w ill be issued on
and after Tuesday, the First o f M ay ne7 t.
F . S .. W IN S T O N , P resid en t.
ISSUES E V E R Y DESCRIPTION OF
L IF E d t E N D O W M E N T P O L IC I E S
Rates Lower than other Companies.
ORGANIZED A P R IL
J . H . C H A P M A N , S e cre ta ry .
14TH, 1842.
ASSETS. $ 9 5 ,000,000
(itfm mjetxial (£ards.
Brinckerhoff, Turner
& Co.,
JOH N D. JONES, President.
CHARLES DENNIS, V ice Présidant,
W. H. H. MOORE, 2d Vice-President.
A . A RAVEN, 3d Vice-President.
L
it t e l l ’ s
L
iv in g
A
ge.
During the forty years of its publication T he
L iv in g a g e has met wiih continuous commenda*tton and success. In 1884 it will furnish to its read
ers the product'ons of the most eminent authors
above-named and many others; embracing the best
Serial and Shirt Stories by Leading Foreign Novel
ists, and an amount
Unapproached by any other Periodical
C O T T O N SAIL DUCK
And all kinds of
COTTON CANVAS, FELTING DUCK, CAR
COVERING, BAGGING, RAVENS DUCK, SAIL
TWINES, &C., "ONTARIO” SEAMLESS
BAGS, “ AWNING STRIPES.
Also, Agents
U N I T E D S T A T E S B U N T I N G CO.
A full supply, all Widths and Colors, always in stock
N o . 1 0 9 D u a n e Street.
Bliss, Fabyan & Co.,
New York, Boston, Philadelphia,
SELLING AGENTS FOR LEADING BRANDS
B R O W N & B L E A C H E D S H IR T IN G S
A N D S H E E T IN G S ,
PRINTS, DENIMS, TICKS, DUCKS, &C.
T o w e ls Q u ilt s , W h i t e G o o d s Sc, H o s ie r y
Drills, Sheetings, die., for Export Trade.
Joy, Lincoln & Motley,
SUCCESSORS TO
E . R . N U D G E , S A W Y E R Sc C O .,
43 & 45 W hite Street,
15 Chauncey Street,
NEW YORK.
BOSTON.
AGENTS FOR
O cean H i l l s C o ., A t la n t ic C o tto n M ill s ,
P e a b o d y M ills ,
C h ic o p ee M fg . C o .,
llferten N e w M ill s ,
W h i t e M fg . C o ..
S a ra to g a V ic to r y M fg . C o .,
H o s ie r y a n d Y a r n Mill»*.
BAGGING.
W A R R E N , JO N E S & G R A T Z ,
ST. LOUIS, Mo.
Manufacturers’ Agents for the sale o f Jute Bagging.
IMPORTERS OF
I HOT V
FOTTOIV
TIHS.
CHARLESTON, S. C.
J. D. Jones,
H orace Gray,
Charles Dennis,
Edmund W. Corli js.
W. H. H. M oore,
John Elliott,
Lewis Curtis,
Adolph Lem oyne
Charles H. Russell,
Bobt. B. Minturn,
Jam es Low,
Charles H. Marshall,
D avid Lane,
George W. Lane,
G ordon W. Burnham, Edwin D. Morgan,
A . A. Raven,
James G. De Forest,
W m. Sturgis,
Bamuel Willetts,
Benjam in H. Field,
Charies D. Leverioh,
Will am Bryoe,
Josia h O. Low,
William H. Fogg,
W illiam E. Dodge,
Thomas B. Ccddington
R oy a l Phelps,
Horace K. Tb urber,
T hom as F. Youngs,
W illiam Degroot,
G. A . Hand,
J oh n L . Hiker,
J o h n D. H ew lett,
N. Denton Smith,
William H. W ebb,
Charles P,, Burdett.
^4 T H E IG R EATEST L IV IN G
f A u th ors, such ms P ro f. M a x
M u ller, J a s . A . F ron de,
P ro f. Huxley* R ig h t H on .
W .E .G la d sto n e , R . A . P r o c
tor, E d w ard A , F reem an,
P r o !. T y n d a ll, D r. W . B .
C arp en ter, F ra n ces P o w e r
Cobbe. P r o fe s s o r G old w in
Sm ith, T he D u ke ol A rg y ll,
v\ j„ . B la ck , M iss T h a c
k e ra y , M rs. M n lock -C rn ik ,-.
G eo. M acD on a ld , u r s . O liPhant, J ean fiig elow , T h os.
H ardy. F ra n c is G a lto n ,W .
IW. Story. M a tth ew A m old ,
R u sa in ,T en n yson , B row n in g , and'many others,
are represented in the pages of
in the world, of the most valuable Literary and
Scient fle matter, from the pens o f the foremost
Essayists, Scientists, Critics, Discoverers, and Edi
tors, representing every department of Knowledge
and Progress.
T he L iv in g A ge is a Weekly Magazine, giving
more than
THREE AND A QUARTER THOUSAND
double-column octavo pages o f reading matter year
ly. It presents in an inexpensive form, considering
its great amount of matter, with freshness, owing
to its weekly issue, and with a satisfactory com
pleteness attempted by no other publication, the
besf Essays, Reviews, Crit cisms. Taes, Sketches
of Travel and Discovery, Poetry, Scientific. Bio
graphical, Historical and Political Information,
from the entire body of Foreign Periodical Litera
ture.
It' is therefore invaluable to every American
reader, as the only satisfactorily fresh and COM
PLETE compilation of an indispensable current
literature,—indispensable because It embraces the
productions of
Ashepoo Phosphate Co.,
T R U S T E E S :
“ The best Thoughts of the best Thinkers.”
Manufacturers and Dealers in
B y order o f the Board,
[V ol. XXXVIT.
R O B E R T S O N , T A Y L O R Sc C O .,
QE ' ERA I A GENTS.
Manufacturers of High-Grade Acid Phosphates.
Dissolved Bones, Bone Ash and Ammomated r ertilizers. Large Importers from the Mines in Germany
of Leopoldschall Kainlt.
__ _____________. -
LOTT:
S old By ALL DEALERST hroughoutT he WORLD
GOLD MEDAL PARIS E X P O S 1 T 1 0 N -I8 7 S .
FOR
SALE.
Chronicle Volumes
S IN C E 1 8 7 0 . ,
Any office possessing these volumes since 1870 has
at hand for convenient reference a complete and re
liable financial history of the period. Parties having
the more recent volumes can obtain from the pub
Ushers most of the earlier volumes, or complete sets
can be furnished.
W I L L I A M B . D A N A Sc C O .,
79 & 81 WILLIAM STREET,
THE
ABLEST LIVING WRITERS
in all branches of Literature, Science, Politics and
Art.
" We know of no equal to The L iv in g A ge for
variety of information, depth of interest, and purity
o f tone. Us pnges are suffic ent to keep an- reader
abreast with the best printed thought» of the best
o f our contempo-ary writers. Ii. is the great eclec
tic or the world
Episcopal Register, Philadelphia.
■' It flourishes in even more than youthful vigor.
It has b. come indispensable.”—New York. Observer.
" Its ’ eaders are su..p led with tne best literature
of the day. * * * “ ’There is noti ing noteworthy in
scien e, ait, literature, biogra hy, philosophy, or
religion, tha cannot he foun i in it. * * It gives
in acces itiie form the best thought o f the age.” —
The Churchman, A’ew York.
" I t becomes more and more necessary as th° fleid
o f periodical literature broadens.”—Zion’s Herald,
Hoston. - .
. _
“ No other periodical gives so d vers fled a view
of current literature, not by brdgments, but by
publishing entire the best essays, criticisms, dis
cussions, short stories, and sen 1 romances o f the
dav. * * * it is for teaters o f limited leisure or
purse the most convenient nd availaDle means of
possessing the "selves of the v ry best results o f
current criticism, philosophy, sci lice, and litera
ture.”—Presbyterian Banner, Pittsburg.
“ Through its pages alone it is possible to be as
well inf rmed in current literature as by the peru
sal of a l -ng list o f montbl e s —Phila. Enquirer.
»* Whatever tnere is o f interest »n the l.terary
and sc ent’fle world is spread before its readers.
Boston Journal.
..............
... ..
“ No reader Who makes himself familiar with its
contents can lack the means Of a sound literary
culture.”—New York Tribune.
„ Jl,
“ Forem ost 'O f the eclectic periodicals.”—N . X .
World.
“ It furnishes a complete compilation of an ind'spensable Hte-ature.”—Chicago Evening Journal.
“ Remarkably che «• for the qu ilitv and amount
of reading furnished.” —Mont-*"I Gazette
“ .It is bv odds the best periodical in the world.”—
Morning Star, Wilmington, N C.
Published w e e k l y at $8 00 a year, free of
postage.
m ~ TO N E W S U B S C R IB E R S fo r the Y e a r
1 8 8 4 ,’ remitting before Jan. 1 the numbers o f 1883
issued after the receipt o f their subscriptions, will
be sent gratis.
Ciul» P r ic e s f o r th e b e st H o m e a n d
F o r e ig n L ite r a tu r e .
[ “ P ossessed o f T h e Liv in g a g e an d o n e o r o th e r
o f o u r v iv a c io u s A m e r ic a n m o n t h lie s , a
s u b s c r ib e r
w 11 f i n d h i m s e l f i n command of the whole situation.”
Philadelphia Evening Bulletin.]
For $10 50 T he L iv in g A ge and any one o f
the American $4 Monthlies (or Harper’s Weekly
or Bazar) will he sent for a year, postpaid ; or for
$9 50 T he L iving A ge and the Si. Nicholas, or
Lippincott’s Monthly. Address,
L1TTE LL
Sc C O ., B o s t o n .
@FedFRASER