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: ' xmitlt HUNT'S MERCHANTS' MAGAZINE, R ^p^tBss^^^IyQ VOL. thb industrial and com mercial interests of thb united states. ~~~ SATURDAY, NOVEMBER 17. NO. 1888. 17, %hc (^hvonxcU. Week BtUUng Sov. 1887. Terms of Subscription— Payable in Advance For One Tear (Inoludloi; postage) For Six MotitUs do. . European Siihscrlptton (inolndlng Euriipeun New York : .HontlH (including poVtaM)'" Annual 8ul>acriptlon In London (includiag postage); " M2 7g BlxMos. do do do «1 Ss! These prices Include the Investors' Supplembnt, of' 120 pages '"*'«'<»,"">"»"'. and furnished without extra charge "•»" to Sfh^.HhilS'' subscrihers of the Chkonicle. Bubscrlptiims will be continued until definitely ordered stopped. The poliUelier« canuot be responsible for remittances unless made by - -.lo j drafts or Post Oihee money orders. A Hie cover Is furnished at 50 cents; postage cents, voiuiues bound for subscribers at $1 00. Terms on the same Is -8-0 (1.419.830) (-48-8) (-64-0) (-W-l) (S8.4'<9,930l <—4-7; (-80-61 buthtli.) (1,819,961) (883,9001 (463l«7.!MlO) bUt.) i-f-81-7) (16.1ive,«00) (10.976,000) {-4-0; (S0.a45,0«0) i-ir8> 9K.T»9,:3e 5JM8.8!.0 l.e48,21» -H-8 -2-« 109,704301 6»7.045 92.I4A.0OI 5.49O.6O0 1.748.684 l,17».078 1.113,484 1.125.287 gtM.416 714.889 106,154,858 104,470,431 -|-1'6 88 730,593 -2-7 10.984 .8TV 10.718.745 60.344,366 10,874,347 11,414.803 80,884.210 82,183,016 08.821,792 10,017.900 4,485.143 4.713.H45 i.ioo.sne 8,467,843 8,379.028 1,871,896 8,7e0,BIS 60.810.898 10.8l2uiU0 8,008,688 4,882.591 8,808.857 3,188,441 8,868.606 1,802,940 3.1I7.8TI 8.837.8;S 8.:nB.8S8 4,869.147 OTi.lKH 714,008 2,808,177 8»6,817 txila.) Uartford New llaven Portland Worcester I.I»I,!IU4 1.019,S«0 1.086. >38 1.4l»,«8t< SorlnKflold Lowell.. Total Mew England.. Philadelphia.. Pittsburg of AdvertisiDgr. Baltimore ordered for less than one month, In the Commbrciil Total Middle.. ii-'Jlfr*'**'"'?"** -^ "*"** P?'' ""? ^^^ ''««"'"-"™"^'-~-'~2-J^-''^^^ UoD hen orders are .leanitely Kiven ?' for one mouth or longer, a lib- Chicago Cincinnati eral discount is allowed, and the iiel pricei may be obtained on nppUcn- .Milwaukee.... tlon attlieolHce. The lowest rates on permanent cards dertaitclv or- IJetroit dered a lor one year are 8 cents per line each insertloD, making ¥58 for Indianapolis... cue inch space one year, Space is measured In agate type -14 lines to Cleveland the inch, Columbus .Ww" Peoria IiAndon Asents SwH Mis JiS'^'*^'"^^' each WILLIAM *OBH o. *" Omaha Gardens. E. C, who will take ^ ^I'J"' ^ Drapers' advertisements and supply single copies of the paper MinneApoIls... e,49>l,4!0 Denver 8,8S7,18» 4.096,154 570.918 531,192 1,880,3<0 818,786 St. Paul Qrand Rapids.. B. DANA. 5 '"'' !'I'„"4.TI„"' I»A'VA & Co., PnbliBbers, 104 William Street, IVEW YOKK.. FLOYD, i POST Office Box 958. Wichita Oulutb Topeka. Total Western. CLEARING BOUSE RETURNS. (MM. (7r»,00«) (4H0.100I (80.662,890) Boston ProTldenoe 18 A'ov.S. P. 671.l38,Se« (Cotton 6 64 1888. -10-8 »)lar«.) (Orain (Petroleum 11 28 P.Ctnl. 13.241 608.240,382 (Stockt 6 10 postii'sre" Sir.i.^ioription Si.x WeekWnift 10. 569,078.688 Sala of— SIO 20 1,221. St. Louis St. Joseph.... -5 4 — to -So -8 -8-61 hi -1*9 -3-3 +8-1 -8-7 -I-19-8 182,014.039 (•8 7 -l-ll -i-5'4 -6-1 60.889.810 1U.H34.I87 13.318.661 -^8•^J -8-1 94.080.888 -1-1-4 48-3I 87.088.181 -I-4-0I 10.878300 —2-0 -1-a -f»0-8( 8.388.018 4.648.970 l.-iSl^Ol 8,516,311 2J!a0.7»? 1.498.10S 4.13I.7I4 -1-81-7 -|-25r5 «.7813«» 'i.mojai —108; —88-8 -35-0 -f87a 4.119,682 ^30.ua8 64^,888 2.2;«,8«0 818,871 -n-1 -t2-9 -2S-2 •<-lu-5 -ton) •fSO-6 -15 21 109.381,068 •1-8-B in.8w.ooo l«.633,e97 17.678.4S1 1.138.094 13.430,690 -5-9 -180 16.7tW.804 —77 S.4M.'n8 +11 a,«8,7S8 7.804.C78 S.07*.4aK -t-8-6 -fki-s 8,447.060 1,887,909 8.061380 1.44a383 +18-7 f9-8 »,79».777 8,471.661 Galveston Norfolk a,lMI.40O 1,688.841 1.084,008 1.383.984 1.078,744 1.828.286 r;2j»i& 118.821,175 »98.6it5 New Orleans. Sevfral causes have contributed to a decrease in tlie volume lx>nlsTllle..... Kansas Cltj... of exchanges during the week under review, but the Memphis most il.193.900) I307.n« 10.376.131 6.449.87U a5t8.8»4 3307.7SS 8,190385 -4-9-5 Mi8-5 +17-8 -t8-7 -11-1 -88-0 -M-8 -4S-3 -1-18-0 -(-10 -IW -»» -)-8-8 -H-» -l-» important one has been the loss of one day's business in a 1,498,617 -m>-9 majority of the citits on account of the election holiday. Total Bob them.. -3-« -04 80359.957 68,004,836 38.118331 Further than this there is that slackening in trade usual to ian Franolsoo -81 20.658.790 -1-84-0 13.100,888 18,488.004 the week in which a general election occurs, but which -1-9 904,887.448 966.808.199 may Total all 1.076.883.843 be said to have been less marked this year than ^*i.l*«4.k>« 868.567^147 405.688 0841—?F« formerly. Outside New York Speculation in stocks, also, was not so active as in the previous As received by telegraph to-night the returns of exchanfCM week, and the same is true of the dealings on the Produce Hxchange. Altogether, however, the exhibit is quite satis- for the five days are in excesn of those for the corresponding five days of last week, but in comparison with the similar factory, even though the decline from the previous full week is about $172,000,000, for over one-third of this loss is due to period of last year there is a loss of 8 per cent. On the basis of these telegraphic returns the estimate for the full the decrease in share transactions, and the various other causes more than account for the balance of the falling off. week ended November 17 would seem to point to a decline Mercantile failures for the week, as reported to Messrs. B. G. compared with 1837 of about 75 per cent. Messrs. R. O. Dun Dun & Co., reached a total of 226 (of which 194 were in the & Co. report the number of failures for the week ended FriUnited States and S2 in Canada), against 375 last week, 254 the day night as 237 (205 in the United States and 33 in CanI week previous and 245 for the same period la.st year. Compared with the same week in 1887 the current aggregate oords a loss of 6-3 per cent, due entirely to the drop of over n per cent at New York, for in the remainder of the country e gain ada), against 230 last ITseJIi JUtvimi by for the Eniini ITovembtr IVieirapli. 1888. 1887. reaches 0-6 per cent. 'IS city is 'is year. Furthermore, the decline at wholly ascribable to diminished stock transactions New York.. 3ii«a of Stock The most important increase exhibed this week is Boston 871.818.019 (eharet).. at Springfield, 47-2 per cent; and at Peoria, Topeka, Denver PbUailelphla Baltimore.. and Memphis the percentages of excess are worthy of note. cnieaiio Share transactions on the New York Stock Exchange for 8t. Irf)al» the week cover a market value New Orle of $37,974,000, against week of last year. As is our custom, wo deduct two-and-a h.-vlf times these value from the New York tBtoU to arrive as Mm cxcliange* dne to oth« btwinoM. tha 173,404,000 for the teaUM week and 224 rsftcund liaiiia; 844i.A?>.i'.«ii58 Kofi. Total. Sdars..... Katlniatad 1 dar . total to: I wiMk.. ^•^IKtCVNGtlT*... **JS.'?5C<.8SS, K^pritt- JW'y; ia the !wo ycara, cr a gain of S'l per cent, (1.33S.0SS) 87.118.787 S3.S«0,li69 !O,90O,18» 11,401308 85.158.0^10 58.779,000 18.118,150 14,4»t3T0 10,953,789 18.807.e76 '803,804,8'J8 STaiaoSilSO 188.000.000 l«7,14B,S6r Ka,fl44.lM]l,?«S3«3S0 iail4Se^B)W u-'tjaf.^ ' For (B* loU we«k. 633,808,843 (8,09»,«n) 88,408,668 59,311,171 Us ed oc last ' I'i.lU.^TC 17. week of last year. tTMk As#* Sor. 10. — . THE CHRONICLE. 574 Tuere has been very THE FINANCIAL SITUATION money The money market continues easy and much as last remore abundant offerings of ported, except that there are For bankers' balances the extremes have been 3 and 1-J psr cent, but little has been done at either figure, the rate ruling for the bulk of business b iog 2 per cent, making the average not far from 2 J per cent. Renewals have bfen kept at 2^ p->r c?nt, in a few cases the loans loanable funds. b;ing paid because lenders were not willing to reduce the rate. The minimum among banks and trust companies on call is A considerable amount of time money p=!r cent. 2| has been put out th's week, although there has not been, we have BO far as supply Still the is learned, any foreign money offering. little change in the situation of The struggle to replenish or retain by keeping money up to an artificial stand- in Europe. bank reserves in progress between the monetary centres. England continues a 5 per ceut oEBcial minimum, although discounts in the open market of sixty-day to three mouths' bank bills in London are only 3^ per cent. As a result of this great difference we learn by a special cable to us that tue Bank of England, which point, is still The Bank of £46,000 for the week, did not get by import or pay out for export a single pound sterling, the loss being simply a shipment of that amount reports a loss of to the We interior. the since Nsw Bank good, a feature being loaning by XLVII. [Vol,. rate has been think every that up receiving new was put to 5 supplies week other cent per the from outside England banks as well as by other out-of-town institutions sources. That shows of how little use the high official and by some of our trust companies. A few days ago a figure is now, and yet if it should be lowered, probably Tnursday loan of $500,000 at 4 per ceut for five months was made the open market rate would go lower still. by a leadirg trust company. It is reported that the Read the cable reported a loss by the Bmk of £687,000. At ing has plased about $2 000,000 in Philadelphia at 4J per Paris the open market rate is i\ per cent, at Berlin it is A cable dated cent until Feb. 1, and nearly as much more in that city on 3^. and at Frankfort it is 3f per cent. learn. have not been able to rate we that new R issiau loan the instant, states the shorter tim?, but Berlin, the 9th Notwithstanding the large trausactions, the time money of £20,000,000 is contracted for by an Anglo-French synmarket here not reported active, the quotations on is first- class collate«J being 3 per cent for sixty d-iys, 3 to 4 per and is intended to convert the Rossian loan of 187V from a 5 into a 4 per ceut loan. Ttie Btrings and the Credit Lyonna'se are saii to be the chief members of dicate, 4 to 4^ per cent, for from four Of commercial piper thi supp'y is small, the syndicate. but the inquiry continues good and from all quarters. Oar foreign exchange market has been dull but genRates are 4^@4f per cent for sixiy to ninety day endorsed erally firm this week. This is said to be due to a scarcity cent for ninety days, and to SIX months. tills recf-ivable, 5@5J 5@6 and ances, from four to six fof four mooths' accept- per cent per cent months now good single namfs having for to run. bills and a demand to remit for securities sold for European account, London being a free seller of stocks on Mondiy and Tuesday because of the radical action of of and the fu'ure is the New York Central Railroad in reducing westbound There was a let up in freight rates. On Thursday the inquiry for bills had demand shortly previous to the election, and since that grown lighter, and tte tone of the exchange market was O.ie fsct or a shade easier. Thai commercial bills should be scarce everit the expected renewal has not set in. condition is probably holding the Western requirements while cotton is moving liberally, is an anomaly. Bat this Millers is in consequence of a steady demand aside from that in abeyance, and that is the wheat speculation. and elevators appear to be full, and prices are so high the created by arbitrage operations, which promptly absorbs shipments East and abroad of flour, as well as wheat, are the offerings. Still, it is thought that it it tad not Money unusually almost just is difiicult at a to featureles", forecas*. standstill ; as a consequence, moving only not been for the nervous feeling in London over the trunk- and the free sales of stocks which resulted, Mr. Switz'er, of the manufacture rates would now have been lower. "When this situation changfs, as it must sooner Bureau of Statistics, has issued this week the preliminary or later, and activity takes the place of the present con figures of the exports of breadstufls, cotton, &c., for gestion, money it is thought must go a'ong witb it and be October, and we give them below in our usual form. needed again. From the South the demand still conEXPORTS OF BREADSTUFFS, PROVISIONS, COTrON AXD PETROLEnM. are these articles of not flour market; to being also is but the line situation curtailtd. ' tinues, and if the cotton crop is as large &% the last one, currency will be in demand for that section for some weeks, as the arrivals of cotton hitherto have been much Some IW. Ej^pnrts from D. S. 1888, 1887. October. 4 Months. October. ' October. 4 35.402,804 Qwuitities, the WheaUbush 20,301,079 3,654.495 88.591,919 6.941.370 1,018, S8J 8,967,817 918,331" manufacturirg demacd is likely to the tariff question has been settled, but that in any event remote influence, and there is but little is a more 3,568,650 931,189 8,402,649 Flour. .bWs. Wheat.bu. 7,75u,0(K) 36,29.),30« 7,987,52J 64,446,995 less than a year ago. think also increase that speedily, as evidence of tde starting up of spindles (in the department in which they hid sbut down) or of idle furuaces aa Business and enterprise yet. are, however, bnsk and the local needs for money are large, so that, addition to the require it would only take a small ments to make a material change in the situation. Of course, if the G.,veinment should for a short time take in more than it pays out, the effect would soon be apparent, Months. 4 Months. 8,«v^0,478 .W, 009.928 11.064,»«' Cora., bush. 4,102,579 13,14>\669 2,489,«9-) 7,725,400 8,292,582 10.7 8.7S6 Tot. bush. 11,881,879 49,442,975 10,477,224 62,172,404 14,357,458 62,7as,68« 0,716,257 TalufB. Wh't.t flour Corn & meal Rye 35.209.541 t 7.289.303 t 40.883,516 2,283,345' 7,405,243 1,808,80! 13,824' 446 4,040,115 4,424 29,201 15,758 94,877 84.177 $ 8.108.274 * i l,578,0i7 2 t 48,571,439 5.340.5er 23,387 270,789 410,088 Oats k meal Barley 87.348 415.089 42.034 117,560 482.975 Br^dstuff^. 10,855,878 43,857,353 81,664,109 11.848.801 6,759,045 5;,«16.287 29,898,542 8,833,314 7,059,546 53,857.109 6,611,706 31,63i,519 4,743,h28 48,745,181 S7,4il,8S7 81t,7»5.571 28,:!9a,l7.s 45,140,681' 17,.352.a59 4,l-i3,-05 16,426,381 3,8m ,111 Provisions. Cotton Petrolm,4c. Tot. value. 83,818,929 189,250,435 57,283,112 181,74.1,170 86.187 2116.331 50,682.43 I 2H,104,7»l 18.737,881 144,099,30^ It will be noted that breadsiuffs, quantities and v^iluea, Bat for the res rve though abundant is not large. Oc'.ober are larger than for the same month last year. happen for likely to yet we doubt that contingency is not This is a little surprising in view of the small movrfmenii will do much more than that Government whether the But it is explained by the fact that is to say, we a-e inclined to thiak it will not purchase from the Atlantic ports. bonds 80 as to disburse p»st accumulations during the few that the exports from San Francisco were 3,265,350 ; | months the present administration unless to meet a great business need. remains in power, bushels, valued at $3,049,721 this October, against 663,654 j bushels, valued at $455,867, in October, 1887. NovEJinBB THE 1888.) 17. CoDfideDce in railroad property received u hy the ac'.ion of the «.•••!< this e.\^ < i-i,!iily reducing west-boind freight a sbock q<iiie New York HRONICLE. ( Central rites. We another pftge onr uiual lummarj of the roaclt which hvrt reported their grois and net earniogi for (he month of in September, and say "reducing" ios'ead of "catting," beci use we note that Dapew Pjesident ciil is reported to have said that the Cen'ral fallen rates." capal'le of being settled " very quickly," as Mr. Cfn», roads tharfog 6.S generally unfavorable, thoagh one among them of any con8?quence. We have, however, become pretty well accustomed to reduced net this year as k Oiio only the is ; volume of traffic, the gross earnings are a much better guide. But here also the showing is lest fav« orable for the moment, though apparently for special reasons. The statement for the first week of November, as prepared by up, and comprising 00 roads, shows refl Depew c ing the total well to ol serve: for abrupt disorganiz'ng annouccaments suggest a are not in ite interest of security holders but are bewild- tion and wheD the presumption is that the breatsh m^.y be heal«d "very quickly " such precipitate action seems Besides, heroic measures are not likely less defendable. knows Tlie it is. are in Raltimore custom has been to precede severe retaliatory measures by an attempt to adjust differences, aod we think that the custom is one which it is q<iite says per 7 For the month of October very oet bare yet been received, but raeh coma have the - now iocreaM in th« per c*nt), the net bai decrease. few reports of as a imall over 2 little $1,101,224, or oflE the in — — that with find gross (f P47,241, or a So we avoid the rej cled word, especially as the exception taken was probably intenied to imply that cutting in other q larters was go'ng on already and the Central only followed, not in extent for it went much further but in kind. S. ill, as its action came without notice or warning of any description, the effect on the Sireet was quite starlliog, the public assum Ing, and very naturaKy too, that such a suiden act and such a radical remedy would not be adopted by so conservative a managemen', if the difficulty was of a nature "has not 675 earnings about 4} per cent below those of the corlast year, no less than 39 of the roads responding week The reporting losses. ering, common seems furnish to off the business, bat as we may say so general indicating to elec- Everybody d:s'urbing general a as presidential explanation. exercised in special cases is and the this that upon effnct falling cause, inflaence its that the officials of one of Western section inform as mines did no work for two What was the special ciuse of irritation which incited days. Iq addition, it mtist be remembered that we are I was, as comparing with very heavy totals of earnings for last the movement, is not even yet perfectly clear. will be remembered, so recently as the 17th of Ojtober year, our table for the firs'; week of November then showthat Commissioner Fink notifi d the traffic managers of in; over 14 per cent increase, and this after an increase to frighten other roads or hasten a s':t'.lement; the trunk Hues are not of the weak sort th it trunk lines and their connec the panies, with the I take a scare easily io;is that all the the coal roads in the Middle that the operators in the'r com- exception of the Lehigh Valley, which was "to be heard 'from," had agreed to restore rates to the schedule fixed upon and that the arrangement would take effect on the 26t'a of that month. In other words, only a little over two weeks of living under the arrangement was sufficient to put it into a state of utt^r collapse. Yet there is one fact the agreement est»blishes aad that is that on the 26ih of last month the roads were substantially in accord, and we ees nothing that has sicca happened to the South Pennsylvaaia Road which would mike The that moribund corporation a party to the squ ibble. Besides, we suppose the roads are as yet getting very litUe benefit from the of nearly 9 per cent the year before. new corn crop. This is confi lently cjuntad on to swell Still, if managers and earnings before long. are going to fritter away their profits in senseless strife, the advantage of a heavy traffic will count for traffic nothing. Paul & Kansas City, which made such an iateresting endeavor b3fore the Inter-Siate Commerce Commission recently to be freed from the operation of the long and short haul clause, has issued its annuikl report tbia week for the year ending South Pennsylvania has to ba sure been referred to quite June 30, 1888, and we give President Stickney's remarks At the confidently as the cause, but the statement is entirely in full in a subsequent part of this issua. thera moment when the Northwestern roads are assured that present are moreover, we without reason; No doubt the real explanation is again wrangling over rates and tariffs, a study of this is no truth in it. the usual one. interest of all Though every one knows properties that it in the is rates be maintained , every one knows equally well that the temptation to ovirreach is too much for the ordinary traffic manager. Taen little cats are always contagious atid like little sins they lead up to The Chicago St. a plucky and such report furnishes much food for refl>}Ction, for it reveals in strong light the evil effects arising from this situation in the past. The Chicago S . Paul & Kansas one of the newer systems of the Northwest, and has been developed into considerable importacce in the But there is a more important thought suggested space of a very few years. Connecting the cities embigger. by this whole transaction, and that is must we hereafter braced in its title, and its road having been operated only City is — accept two weeks as the limit of the ments? Is it life of these arrange- a fair conclusion that the railrcad conditions a short time, it of necessity is in large measure depend- ent npon the course and situation of through traffic, have been so cbaoged and the companies have been so on which, as we all know, competition has been especiThe extension to St. Joseph and Kansas shorn by the Inter-Staie law of tie power they formetly ally active. had to enforce their contracts, that they cannot be made City has only recently been completed and has not more yet been lasting ? Trade leported. and business continue about as heretofore Tae weather is rather warm, and this consvidrawback in cerain lines of busi- miles tutes Eom(!what of a ness, the distributioa of dry goods tending to diminish and operating also to reduce the demand for coal. In the iron trade, though consumption ia heavy, production is equally heavy and increasing, so the * improvement As far as tae returns of railroad earnings are concerned, the comparison with exptc ed has not yet bjen last year is growing realiz->d. less satisfactory. We publish on formally opened, so the operations of the year under review include none of the benefits expected from that source. Hence, though the average number of of road operated in the twelve months stands at 608, against an average of only 353 miles in the preced- ing twelve months, the company may be p-actically limited to the line said to have been between Cuicago and St. Paul, the other pieces of road simply aclinj; as feederi to if, and even this lioe was worked under considerable difficulties, as will ney's remarks. be seen by a reference to President Stick- THE CHRONICLE. 576 Lookisg then year of the at the of results situation, we THE OUTLOOK AS TO RAILROAD the gross earnings show a gain for the find, first, that over a million the dollars, nearly doubled, and this gain is [Vol. XLVll, CONSTRUCTION. aggregate having What being continued. still are the prospects for new railroad construction in That looks very satisfactory, and in one sense is satisfao- the United States in the future? This is a pertinent tory, for most other systems fall behind in their gross inquiry which the present situation of afftirs suggests. We receipte, some of them very heavily too. Coming to the do not of course mean the probable extent or limit of net, however, there only a very slight improvement, is the amount for 1887-8 beirg $498,993, against $416,499 in 1886-7, 80 that the company has not been The reason its charges. able to earn all that an average of only 8-lOtha is, of a cent per ton per mile was realized on entire freight its 1-126 cent in the year previous, and only trafSc, against railroad mileage in this country, for that of speculation But it it mmy years probability of sacuring the needed increase growth regular and slower. to ba as to the is — whether the spasmodic and rapid as heretofore, or more 2-34 cents on passengers per mile, against 3-00 cents, being in the one case a decline of 2S^ per cant and in the other is far froaa is come constant additions to have to be made, the question will moment. at the being admitted that our railroad system complete, that for to purely a matter is and has no practical bearing There are indications pointing to a less fitful, less eager, Moreover, the through east-bound trafBc Paul and Chicago was hauled at an average of movement, for some time at least. Such an inference only 0-387 cents that is, three e'ghths of a cent per ton seems warranted from the change in the conditions which of 22 per cent. between St. — Had per mile. the road been able to get as high average Up prevail. to the present time, new railroad facilities have been supplied very fast. But some both the gross aod net rates as in the earnings would have been $733,733 larger than they are. of the inducements which previously existed, no longer Thus we have the old story of an increasing traffic but exist, while the situation is different and in many respects As is natural, proj actors of new roads do not declining rates, the experience of the St. Paul & Kansas peculiar. City being the same as that of other reads, except that always show wisdom or prudence, but heretofore when in this country year preceding, having been so exceptionally errors of judgment have be 3n made, there rema'.ned th»lower rates on earnings prospect of overcoming them in time through the building: has not been so marked. Ttie expacsion in trafSc has up of an increased volu Tie of trafiij, as the country and The exparienc* really been wonderful, evidencing the energy and skill local industries expanded and developed. with which the road has been managed. As against 71 ot the last two years goes to show that though the the growth the large, of its trafEc effect of million tons of year, the the moved one mile freight amount in the previous was 187 in the late year and million, as number has Other roads having also enlarged against 8 million passengers one mile, the risen to over 22 million. their traflBc, though of course not in any suca degree, the trouble in the West is manifestly not in a lack of business, but in the inability to secure living indeed we rates, as e.xpeotation of increased t'^nnage may be realizad, the-i hope to recoup themselves by the cannot method, for they are apparently to be deprived of roads olditsi and value through regulations striking at rates and: thus at the margin of profits. utility We ing all know that the chief error usually is in supplynew facilities ia advance of the immediate neads of the have often shown in these column?. Mr. Stickney makes country. Bat the railroad is the pioneer, and hence must^ some pertinent observations on the responsibility of the precede industrial and agricultural progress. New citie»i Inter- State law for this unfortunate state cf affairs. and toTus in the remote parts of the couitry cin growi Tue following statement, made up from roun-ca'- up only after the necessary transportation facilities hava Hence it hw been found inevitable that been provided. lected by us, shows the week's recaijjti and ship uanis of for a time new roads of this character fail to be selfcurrency and gold by the Wew York banks. supporting and prove a burdea to their proprietors. As a Received by Skipped by Wet interior Week mOiM} Nov. 16. 1888. result, a period of active construction has on each occasioni N. Y. Bonfc*. N. Y. Banks. Movement. been succeeded by a period oE comparative inactivity, only (»95,000 Gold 378,000 Loss. 378,000 to be followed again by another era of activity. Total gold and legal tenders.... $9.15.000 $2,535,000 Loss. *I,D60,0C0 This has in fact been the history of railroad building im Taking the foregoing in connection with the Sub-Treas- the United States. We have had a number of eras of ury operations, the result is as below. heavy construction. We had one such culm-nating in 1873, from which for several reasons the recovery was Week encOMQ Nov. 16, 1888. Into Banks. Out Of Banla. Net Ohante in Bank Holiingr. very slow. We had another in 1880 to 1832, which was Banks Interior Movement, as above tOBS.OOO $2,356,000 Loss. $1,530,080 succeeded by a shorter period of quiet. The latest illusBnbTreas. operations TotAl gold and legal tenders The following 11,300,000 11,900,000 $12,295,000 $14,455,000 600,000 close. £ Nov . Silver. £ Total. Gold. £ £ Silver. lolai. £ £ 19.664.779 19.504,779 20,310,188 20,310.182 40,908.2M 49,161,979 90,070.2 13 46,315,237 47,597.571 82,042,200 15,201,800 7.444,000 14,604,000 4,0^6.000 8,038,000 92.012 808 33.237,000 28,563.334 14.281.666 42,845,000 6,948.000 15.660,000 21,508,000 Netherlands.. 6,037,000 2,425,000 7.422,000 12,509,000 1,213,000 3,638.000 2,483,000 1,242,000 6,970,000 1.120,000 S.090.000 6,983,000 1,118,001' Natlonalltaly Tot. this week 22 018.000 12,094,000 of depres however, is Tue that in ea;h succeeding era the casfi sue! chief feature work has beer prosecuted on a larger scale than in the era preceding, and that no matter how long or serious the consequence., of previous readily or efforts to anticipate future needs a too soon, the little toe work has always been pushef 3.725,000 . 8,101,000 100,468,377 88.758.615 108,285,022 100,503,610 87,021,371 197,')27.900 Tot.prev.w'k. 109,653,229 88,838.700 198,511.020 100,012.363 87.772.8831 107,343.251 * The dlTlslon (between Rolil and sUrer) (jiven In our taWe of coin an d liani: ot Geraiaa7 aail tlsa IIa:;« of E!;I,-;l'ji;i la iziado f roai 11ie!t«8tci<t|]DaT«ve)i:r« able S&oUitiCiiiiceltUerctuislnIt ololmnlto Da arKlbratw.iu r.biise v«>c.*cj! iXMXfceaiUitb'oticn is tli^U v«eK'.T reDotU, toMtiy iciimljuf tno csnu !iova aiA tiijrti b\a 99 0^«T9 Hie diiVutoB 94 uifiUilfs. tio^a^^pi^iiD^taai^ bnUlon in the intervals ceeding activity especially noteworthy. 17. 1887. Anst.-Hung'y Nat.BelBium" bsing brought to a been alike except in their which have followed. In the next to the last the interval of rest was extremely short, and the last year. Bold. Germany all sion Banktof • These periods have amount of bullion in duration and the greater or shorter week and at the core es- .Nov. 15,1888. Kngland France now Loss. $8,160,000 table indicates the the principal European banks this ponding date Loss. tration is furnished in the period ... with renewed energy at the But we will the result ba the the right to expect first signs of recuperation. same it 7 said there existed the hope present period the n«w eDtorprieas ware not Havi in this instance ? As above, and up to tb belief that taaDJcdiitaly proStablCj ; th*;: ) NOVEUSER THE CURONIOLE. 17, 1888,] 677 with the growth and development of the sections traversed. It was only a question of one or two years when the to reduce dividends or undertakings would under judicious management yield a companies, therefore, are not in a Can this expectation longer be reasonably enterTbe aciion of our legislative bodies, both and State, appears to furnish the answer. The return. tained 7 national Weetem now Slate Commissioners will not allow a road to maintain paying schedules of rates, so as to enable it have suffered heavy Iomm in •aroioga and been obliged suspend them altogether. Tb<M further new have finished all intend to take may enlarged To many of them is it road does not earn the interest on The farmer, getting much its less for immaterial even if a bonded indebtedness. his products than he did eight or nine years ago, and public eentiment generally in those sections, supports the Commissioners in Such roads aa Rock the new construction work, and do not up again in the immediate fntnre. Even their it announces that be. to engage in anjr the Atchison, the Missouri Pacific, the Nortbweet, the St. Paul, the Barliegton & Quincy and the Union Pacifle under a growing volume of traffic to be raised to a prosThese Commissioners demand and require that rates should be reduced, no matter what the eSect perous basis. mood ventures, for a time at least. which Island, it out held has no more and the Manitoba, tion at present; the system during the now longest, new mileige in contempla- which has greatly too, fev years, has only a few more short lines under way, after which it also will rest. Some of the companies make bold to announce that its they will build no It last new rosd during the whole of 1889. does not by any means follow that railroad construc- these unjust, unreasonable and arbitral y endeavors. The most seriously in the same way. It forbids pooling, which is equivalent to taking from the roads the only effective means they ever had for main tion is to Inter-Siate law operates annual additions are likely to be as small as they were in taining agreements for the obseivance of rates which there greater charge hibits a for ; it pro- a short than a long haul, the come years a complete standstill, or even that the to immediately many 1873. short Room branches, will besides be more or leEs building of more remote sections of country, of course will the newer and road in succeeding be found for doubtless is being interpreted in such a manner as to endan(specially where a liberal policy prevails in the treatment ger the margin of profit even on the best of our roads. of railroads. But the additions are likely to be made From such premises the conclusion seems a fait one more gradually. Our railroad mileage is very large, and which must that railrosd construction in the future be consider- Business and ably hampered. may traffic continue to even a small yearly percentage of growth means a conWith a total of 150,000 siderable amount of new road. per cent yearly increase would represent 6,000 and 5 per cent would be 7,500 miles. In the curance that he will be allowed to charge living rates. On rent year to November 1, the Railway Age reports 5,790 the contrary, he is justified in believing that as soon as miles of new track laid, and we should judge from this traffic grows a little, the railroad commissioners will order that for the twelve months the total will be not much another reduction. It may be claimed that the lower rates above 7,000 miles, a part of which represents projects Are not always the result of legislative interference, but entered upon when the conditions were more favorable. grow, but there will be the promoter of the little new consolation in that fact to roads, for he will have no assur. are frequently chargeable to the roads themselves in pur. 43uing a species of reckless rivalry is and competition. miles, Tee conclusion, then, There be made considerable truth in this statement, yet in that case the situation miles, 4 wears an entirely different aspect. Excessive is frequently a means for caring an evil that that while additions are certain to is from year to in the future year, for the time being there does not seem any likelihood of a repetition of the specially active work which has distinguished pre- When our people want more active competition vious periods. no other form of treatment. But aside from that, where the roads themselves and alone are responsible for the low rates, they also have it within their po ver to restore rates, when circumstances favor it, and thus the have to show their desire by first modifying our loter-State law and by giving a lees hostile tone and character to State Commissioners. will yield to But where, for illustration, says that they will insist that Commitsion a Western State rates in the West shall be as low as in the East, notwiihslanding the differetca in the volume cf traffic, the roads have no remedy (except through an appeal to the courts which is always undesirable and unsatisfactory) and thus For these reasons it seems likely are practically helpless. condition is road THE SEPTEMBER NET EARNINGS. not permanent. that railroad managers will not the anticipate country's rail- building they will It cannot be said that the September exhibit of net earnings records sny improvement on that for the month On the contrary, in a number of important preceding. among particulais the showing is The comparison gross ss to is the poorest of the year. better than indicated in our early statement for the same month (Chbonioli of October 13), there being a small increass over last year, and needs to the extent they have in instead of a small decrease, as by the other statement. The inducement to do that, no longer exists. But this increase has again been accompanied by a very the past. They will rather wait till new facilities are more likely to large addition to the expenses, and as a result the falling net a return on the outlay. ofi in the net is even heavier than in August, reaohing on that circumstances also other At the moment there are the 78 roads comprised in our table over a million dollar*— distinguishing The construction. new tend to restrict $1,101,224. The following are the totals both for Septem- future wan'.s built during the last ber and the first nine months of the year, the latter period was provided chiefly by large embracing the returns of a number of companies which But these have all stopped now. Both in do not report by months, and therefore cannot be inoiaded companies. the Northwest and the Southwest the experience of the in the showing for September^ of characteristic the new mileage three years has been that it railroads hss been very unfortunate the present year. This has been partly as the result of their own folly in partly because of building parallel and competing lines 1 <• Stpt. 10. (go Pllll«t /on. Jfontk 0/ StvUmlMr. (TSriMuU.) issa 1887. IncMrDtc s I /ncorOM 1887. ; unnecessary new rate cutting. mileage, and partly also on account of But the chief source the one that has destroyed hope late decisions under Railroad Commissions. it, is of disturbance and the Inter State law, the and the interference As a eonsequence of it^all of S:ate the roads t Orouaarn't Opw.axp... 40.41S,0'K S6.0BS.S86 +1S.MT,«I0 39.947,888 -f847,»ll 3<WjnS,«70 «8.0SB.S80 94,14t,SSI 1-1.8 ts.«aa X8.3M.S8e N7.4U.IM -HM,US.rN NatMin'i U.8ai.W>8 u.us.in' In ratio the decline l.lOl.t m me being only a UlUe over 7 per 113.717.7» l».M7.1M -S.aMJM net does not seem very heavy, cent, and yet it is somewhat . . THE CHRONICLE. 578 than the ratio of embracing the months, per cent), for the nine surprising to note that dtcrease (8 efiects of all the but it is little less unfavorable circumstances and conditions which prevailed early in the year. It is also a fact that we are not comparing with specially good results for last It is true that year, at least as regards the net earnings. September, 1887, there was a pretty general iLciease in the net, in which nearly all roads except those in the in and Northwest increase total or but >he participated, Southwest large either in amount was not rtaching ratio, abou? only or $1,066,532, have a loss of $1,411,997 between them, while the loss en the whole 78 companies, as already stated, is only But these heavy special losses are to a great $1,101,224. extent ofiset by a number of heavy gains. On the Central of Nerw Jersey, for instance, there is an insrease of $299,249, on the Pennsylvania (Eastern lines) an increase of $197,249, on the Northern Central an increiseof $116,339, and on the Southern Pacific, Pacific system, an increase of $148,318, making $761,155 increase on these four roads. We now submit our usual analysis, giving the roads by groups and gaographicil divisions. 7 per cent, which was the smallest peicentage of increase, with one exception, for any month of the year up to that If time. we go bick another — the find Taking small. ttie roads as a whole, theiefore, be claimed that the falling can not in is any previous years great measure attributable to the gjiaa of On it the piesent year off hand there was one more Sunday, and consequently oue working day liiss, this year, while at the same time Southern loads sufiered from a greatly diminished coiion movtment and ftom yellow These quarfever and quarantines against the disease. antines, as we pointed out in our article of October 13; stopped railroad operations completely on some lines in in that month. other the the latter part of September. What From spread. our summary of is so general and wide- tho roads further below, be seen tuat seven out of the niae groups sho will diminished results. In fact, net, number of instances the This is w than 53 roads report less and only 23 increased r«duced year. no is, net. Moreover, in a losses this year follow losses last stiikingly so in the case of the Atchison and the Burlington & Quincy, and is also tiue with regard to the Northern Pacific, the Minneapolis & St. Louis and the West Jersey. September is the seventh successive month in which our monthly statements have recorded diminIndeed, there has been but one month this ished net. year, namely February, when the net was larger than The part played by increased expenses in last year. bringing about such results may be judged from the fac' that the gross earnings have recorded gains in all the months, with one single exception. Here is a recapitulation of the monthly summaries since the first of the year. Net Earnings. 1887. Inc.orD,e. 1888. t ( t 701,397 Jan. (61 roads.) 25,630,800 24,826,.403 Feb. (74roa-8).. 30,809,364 88,197,,571 ,6II,7^S Moh. (69 roads). S4,5«0.818' 3d,a64,,!i79 .063,961 Apr. (82 roads). 37.824,575' 86.194,.317 ,630,8.W 1887. IncorDec. f $ 6,067,842 7,828,153 -1,560,311 8,878,661 8,587,876 -f 888,985 10,303,802 13,695,137 -3,391,335 Mar (82 roads). 10.177.914 137,779,,968 397,946 June S9,020,452 36,625,,639 .494,813 -388,436 11,480,538 11,802,974 12,104,018 13.811.130 -1,107.112 13,114,425 12.748,220 —633,795 13,939,084 15.442,100| -1.603,018 (81 roads) July (8« roads) 14,611,.381 4S,502,,358 109,023 Aug. 44,084,894 41,670,,935 10,4i 5,079 39.68-,,838 ,303,95» 15,434,231 16,155,107, —710,876 847,241 11,381,693 15,422,917 -l,lQl,2a4 (83 roads) Sept.(78 roads) As some very heavy by the same companies in other months, there are ual losses, thou^'h not all Net Earnings. t 1888. 1887. Jnc.orDee. $ » 10,673.105 1 3,804,951 t 4,024,039 -218,e8» 382,526 3!0,f,39 4-11,886 1.561,730 -180,887 -180,481 -173,066 —430,03* .(8) 417,295 513,897 828.201 3,684,021 1,629,633 9,483,740 5.027,649 7,314,624 419,633 607,282 Total, 78 road s.... 40,415,079 89,567,838 Trunk .(8) 10,436,706 Middle Western .(9) Northwestern .(7) West of Missouri ..(21 790,764 3.671,751 Pacific systems... (121 10,623.370 Soutliern roads... (23) Coal companies.. (13) 4.810.071 lines Eastern roads.... Mexican roads . 1,638.475 7.782.761 .(4) . 1,380,843 539,311 719,745 4,044,000 4,217,096 1,684,751 8,114,785 8,381,017 2,149,023 163,826 148,842 114,883 14,321,893 4-138,08* 161,664 -14,48* -46,641 15,422,917 -1,101.884 Jan. 1 to Oct. 1 Trunlc lines .(9) 104,706,046;i04,403,584 33,302,673 35.281,305 -2,88l,«S« .M.ddle Western.. ..(91 8,414,098 6,140.176 2,061,081 +a» 8,061,510 Nortliwestern ..(5) 21,866.335 26,180,698 4.118,868 10,281,872 -6,133,00* West of Missouri ,.l2) 12,103.639 14,458,398 3,834,827 6,458.912 -3,824,886 Pacific systems... .(12) 85.428.406 72,179,909 80,180.903 37,562,537 4-1,618,366 -20,819 Soultiern roads... (24) 39,241) .303 36,823,813 13.150,183 13,170,988 -163,8*9 Coal companies... (17) 70,928,847 67,811,749 21,844,488 28,007,837 4-755,*88 Eastern roads 22,573,156 20,069.308 7,936,959 7,181,521 (10) -200,50» 1.457,599 1,658,107 Mexican roads... ..(8) 5,836,040 4,718,201 . . . ... 38S.272.870'353.Oi*5.280'H5.717,790 125.867,154 -9,948.36* Note.— Included under the bead of— Trunk tines— Baltimore & Oliio, Cley. Col. Cln. & Ind., Grand Trunk of Canada. Cblcauo & Grand Trunk. Detroit Gr. Haven & Milwaukee, Ohio & Miss, and Pennsylvan a east of Piltsburg & Krie; and for the nine months the earue roads (except inic italt. & Ohio), together with Boston & Albany, N. Y. Central & H. U. and N. Y. Chicago & St. Louis. .Middle n'e«t«rn— Cairo. Vin & Ohio., Flint & Fere Marquette. Cleveland ft Canton, Del. Bay City A Alpena. Ohio River. Scioto Valley, Toledo & Ohio Central. Louis. N. Alb. & Chic, and Marietta Col. & North. Northwestern—Burl. Cedar Rapids'tfc Northern, Central Iowa, Chicago Burl, ft Quincy. Chic. Uarl. & North., Duluth 8. 8. & Atl., Minn. & St. Louis and MIL L. S. & West., and for the nine months the same roads excepting M. L. S. ft West, and Uul. S. S. & Atl. West of .'rfisKoari- Atchison Top. & S. F. and Denver & Rio Grande Western. Paciflc /fottfia— Canadian Pacific. Northern Pacific, the six Southern Pacific roads. Oregon Imp. Co., Oregon Ry. & Nav. Co.. Cni jn Paciflc, and Prescott ft Ariz. Cent. Southern Roads— Cape Fear & Yadkin Valley. Carolina Central. Central of Georgia. Ches. Ohio & Southwestern, Cin. N. O. & Texas Pacific (four roadsK Kentucky Central, Louisville & Nashville. Louisville New Orleans & Texas, Memphis & Charleston. Nashville Chattanooga & 8t. Louis, Noriolb & Western, the 8ix Uich. & West Point Ter. roads. Pe'.ersburg. Richmond ,t Petersburg, and Seaboard & Ruanoke, and for nine months the same roads, together wltn Natchez .Iacksi>n & Col. Coal Co7iipani€a— Allegheny Valley. Central of New Jersey, Lehigh & WilkesNorthern Central, Phila. & Heading, P. It R. Coal A Iron Co.. Pittsburg & Western, summit Branch, Lykens Valley. Western N. Y. & Penn. and West Vir. Cent, i Pitts., and for nine months the same ruads. together with Buff. Roch. & Pitts., Del. & Hudson (three roads) and the two Del. Lack, ft Western roads. Eastern Companies— Baltimore & Potomac. Camden & Atlautic, States Island and West Jersey, and for the nine months the same roads, together with Brooklyn Elevated, Manhattan Elev., Hart. 4 Conn. West.. N, Y. » Heir Kiigland, N. y. Phila. & Norfolk and N. Y. New Uaven & Hartford. Mexican Itoads—The Mexican Central and Mexican National. barre. Only the coal companies and the Middle Western roads kere show improvement for the month, and in both sec- GROSS AND NET KAKNING8. Gross Eaminns. 1887. 1888. Total, 90 road B specially disiitguishes the pietent siatemeut, that the falhng oS in net earnings it Qrosa Earnings. September. September, 1886, year, to same general result a good maay of the roads then showed enlaig d net, but there were some with heavy losses, so that the balaace of increase was we [Vol. XLVII. individas heie- number of roads which fall behind. la Western group indeed the Louisville New Albany & Chicago is chiefly responsible for the gain shown, though the Scioto Valley, the Cairo Vincennes & Chicago, Ohio River, and Marietta Columbus & Northern tions there are a the Middle also contribute larger or smaller gains. In the coal ing considerably increased grots receipts, while the Reading and the rest of the roads all have losses in the net, and nearly all losses in the gross. Tae coal companies Railroad, combined with the Coal & Iron, being $328,233^ and the Pacific roads are the only ones which show any and next comes, not the Atchison or the Builington & large or noteworthy gains in the gross. The position of Quincy, as might be supposed, but the Union Pacific, the Pacific group is quite striking. With gross $1,139,630 which loses $327,795. The decrease on the Atchison is greater than in September, 1887, the net is $173,066 less, $180,077 and on the Burlington & Qaincy $144,869. On However, this loss in the net is explained by the decrease the Baltimore & Ohio there is a falling oil of $242,024, of $327,795 on the Union Pacific, though the Canadian including in this both the Eastern and the Western system, Pacific, the Northern Pacific, and the Atlantic system ol With as while the Grand Trunk has lost about $100,000 and the the Southern Pacific, also report small losses. Central of Georgia $89,089. Altogether, nine companies increase of $303,065 in |gros3 ^earnings, ^the^ Northern tofore. The Reading leads in this respect, its loss I group the gains come from the Central New Jersey, Noithern Central, Allegheny Valley, Lehigh & Wilkesb=rie, and Summit Branch, the same roads also all report i on the j I . } NOVEWBER 17, THE (JHRONICLE. \lX8.y Pacific increased its expenses $322,988. The Soathern (combined system) added $662,998 to gross, but at a cost of $515,112 in expenses. The Union Pacific Pacific with $76,075 less gross, required $251,720 more in 679 will in all probability, therefore, rice be a smaller export both of and of cotton next year than to the present, at all event*, the some time put, and up export of wheat doee not for increase. The 8»okvilIe incident, notwithstanding the Roreamlng of some of our papers, is taken very calmly by the general public here. Even operators in the Stock Exchange have not suffered a loss in net, and that road Is also the only one thought it important enough to be used for bear purpoHea. showing a gain in gross for the month. Among the Nor does the close approach of the Presidential election much Southern roads, none but the Kentucky Central and the affect the stock market, except in so far as it diverts attention •i'etersburg are able to report improved net. In the same from business to politics on your side. People generally feel, group only 5 of the 23 roads have gains in the gross, from whichever candidate is elected, that when the excitement ot the struggle is over the reUtions between the two countries which it is easy to judge of the effects of the dimioished will resume their usual friendly character. But the uncercotton movement and the yellow fever plftgue. Among the tainty of the money market has for the time being taken all expenses. In the trunk line group, all but the Pennsylvania have Eastern companies, the Camden & Atlantic is the only exception to the role of decrease, though these lines all have gains in the cross. In the Northwest there are three roads that have done better in the net —namely, the fact that the ease the & Northern, the Chicago BurNorthern, and the Milwaukee L*ke Shore & Burlington C-idar Ripids lington & life out of the stock markef. The great financial houses are able to make the rates of interest and discount low, but they are not &ble to blind the investing and speculative public to Western the rest have suffered a reduction. For the nine months to the end of Saptember 90 roads, it will hi seen, report gross of 369 millions this year, ; is artificial. And every time gold is withdrawn from the Bank of Englan'l for export apprehension increases. In a few weeks, however, the most critical period for our market will have passed, and then a general advance in prices is looked for. Except in minin-^ shares, the dulness extends to all departments o' the Stock Exchange. During the week the monthly settlement in Berlin has been going on. It wa-s a difficult against 353 millions last year, being a gain of 16 million and heavy one and has taken up the whole attention of the dollars, but the net earnings foot up only 115 millions, mombers of the Bourse, but it has been got through successagainst 125 millions, being a loss of 10 millions. There fully, and it is reported that the feeling in Berlin is once more are two groups namely, the Pacific companies and the very sanguine. It is known, indeed, that preparations are Eastern roads which show improved net, while the loss being made there for a very large financial operation. The monthly settlement on the Paris Bourse is, however, not yet eomes mainly from the Northwestern group, the trunk completed, but no doubt is entertained that it will also be got lines, and the roads west of the Missouri. In the case of through successfully. The anxiety recently entertained conthe latter three groups, the Pennsylvania (Eastern system) cerning the Panama Canal Company is allayed for the mois the only roid with an increase in the net, and there are ment. M. De Lesseps is reported to have sold so many bonds but four roads whi ^h have managoi to enlarge their gross. during his tour through France that it is believed the diffiIn the Northwestern group, the Burlington & Q lincy con- culties of the company have been postponed for some months — — tributes $3,702,622 of the losj in gross the loss m and $5,739,101 of net. at least. The great dispute in ths coal trade has come to a sudden At the close of la><t week 35,000 men and boys were reported to have struck, and there were fears of a protracted struggle. But those fears are now at an end, although the strike has not actually terminated. The mine owners of Yorkshire held a largely attended meeting on Tuesday at which they resolved that since the mine owners of so many other counties have given way, they would not alone fii<ht the battle of the employers. As the mine owners of Yorkshire led the resistance to the demands of the men, and proposed to be resolved to fight out the quarrel at any cost, their decision practically ends the dispute. In consequence the price of coal, which during the strike rose about 4s. a ton, yesterday fell 28., or about half what it had risen. end. [From our own oorreBpondencj LONDOS, Saturday, Nov. 3, 1883. The rates of interest and discount continued to decline in the early part of the week, so much so that on Thursday the discount houses decided to lower the rates they allow upon deposits per cent. Those rates are now only 2^ per cent for money at call, and 2^ per cent for money at notice, a most unusual divergence from the Bank of England rate of discount which remains at 5 per cent. As was to be expected the fall in the value of money has led to the resumption of gold shipments, £440,000 having been taken for South America on Thursday; and it is understood that a further sum will soon follow. A new Brazilian Railway Loan is reported as being negotiated in France and Germany, and if the negotiations are successful, doubtless a third shipment will be made »n the course of a few weeks. There are fears, too, that gold may be withdrawn from the Bank of England for Germany. The best informed still believe shipments to the Argentine Republic have ceased for the present year but there is some doubt as to what the Russian Government may do. Russia Is about to imdertike a great refunding operation, and at the same time more money is to be raised. The probability, therefore, is that the Government will do nothing likely to disturb the London money market. But the action of the Finance Minister is quite uncertain. The withdrawal of so much gold on Thursday has had unexpectedly little effect upon the market, the discount rate in the open market being still no higher than 8 per cent, so powerful are the efforts of the greit financial houses to keep the market easy. The price of silver has declined during the week to about 43 pence per ounce, the mint purchases having ceased, and there being no demand just now for the Continent. The decline however, caused some buying for India. It does not seem likely that the Indian demand for silver for some time to come will be large. Drought in Madras is threatening some districts with famine, and is likely to cause a greatly increased local demand for rice. In the Bombay Presidency damage is reported to have been done to the cotton crop also. There ^ ; A decision was given in much one of the Superior courts yester- One of the clerks of Messrs. Vagliano, Greek merchants in London, some time ago forged several bills of exchange and endorsed fictitious names upon them. He placed the bills before his employere and got them to accept them. Messrs. Vagliano, day which is exercising the minds of bankers. who are customers of the Bank of England, sent the bills to and accordthe B ink with instructi ins to have them paid ingly they were paid. When it became known that they had been forged, Messrs. Vagliano sued the Bank of England, and it was held yeaterdiy by thi Julge before whom the case ; was tried ordered to that the pay all Bank costs is and liable. interest The at Bank 4 per was cent. The law is clear that a bank pays a forged bill at its own But in this case the genuineness of Messrs. Vagliano's risk. acceptance is not disputed, nor is it denied that the Bank was advised to pay. If under such circumstances bankers are liable, they naturally argue that they can never be safe in paying a bill. The Judge foresaw this, and suggested that bills in future should be made payable at the office of the acceptor and should be paid by check. But the fact that the present custom has grown up shows that it is for the convenience of trade, and it is doubtful therefore whether the Judge's suggestion can be acted upon. Of course, the decision will be appealed, and it must be a long time bafora a final judgment is arrived at. The negotiitions for the formation of a g^reat union or combination of the copper-producing ^companies of J the : , 1 . THE CHIIONICLR 580 ^orld are making favorable progress. An arrangement has been arrived at with the Rio Tinto Company, and it is expected that the American compmies will have adhered to this arrangement in two or three weeks. Then there will be no difficulty in obtaining the adhesion of the other companies. The idea is that the seat of the association is to be in London, since England is the greatest consumer of copper of any country in the world. But the American, French and German . And interests will be adequately represented. it is intended also that the great smelters shall have a representation, so as to insure proper consideration for the interest of the consumer while protecting the interest of the producer. of the greatest financial houses in England, America and the Continent are assisting. It will be in the recollection of our readers that copper fell from £73 a ton in 1883 to £88 88. 9d. in 1887. In the latter part of last year there was a rise to about £85 a ton and about the middle of this year the price actually advanced for the moment to £107 a ton. It has now again, however, fallen to a little under £80 a ton. The wheat market has been firmer this week, though no very material rise has taken place. Sir I. B. Lawes, the well-known agricultural experimentalist and a recognized authority on the subject, estimates from the results on his own farm at Rotharnstead that the wheat yield of the United Kingdom this year is very much larger than the estimates hitherto published have represented it to be. If this be so, the quantity to be imported will be correspondingly sitfaller. Even the quality of English wheat, Sir I. B. Lawes thinks, will prove to be better than is usually supposed. The iaference strengthens what has long been the opinion of millers in this country that all the supply needed will be obtained without any material rise in prices. However this may prove to be, the supplies from Russia continue to be exceedingly large. The Bank rate of discount and open market rates at the chief Continental cities now and for the previous three weeks Many — [TOL. XLVII. West Indies and *62,000 from Chile, or a total of £101,000 BUpped Bombay, £75,000. Mexican Dollars— There Is little doing In these coins, which may be quoted 42is(l. nearest. £19,000 has arrived from West Indies £56,700 have been sent to Penang. The following shows the imports of cereal produce into the ; to ; United Kingdom during the compared with last season nine weeks of the season first : IMPORTS. 1888 1885. 1887 1886 9,045,573 9,914,126 11,062,477 owt. 12.956,809 3,068,913 2,722.660 4,704,6d3 2,800,718 2,439.350 3,367,522 2,719.435 3,017,154 309,818 303,063 517,130 366,888 Beans 500,180 746,370 396,437 426,849 Indian com 4,894.642, 4,888,736 4.676,901 4,016,777 2.060,342 Flour 3,323,775 3,454,582 2,986,650 Supplies available for consumption (exclusive of stocks oo Wheat Barley Oata Peas September 1): 1885. 1886. 9,914,126 11,062,477 2,986,650 2,060.342 6,475,868 8,433,290 1887. 9,015,573 3,454,582 7,831,486 1888. Imports of wheat.cwt. 12.956,809 Imports of flour 3,323,775 Sales of home-grown. 5,880,799 Total 22,161,383 20,381,641 19,376,644 21,556,109 1886-7. 1885-6. 1888-9. 1887-8. Aver, price wheat week. 328. 2d. 3 s. Id. 30s. 3d. 31s. 4d. Aver, price wheat ....season. 338. lid. 298. 2d. 308. lOd. 318. Id. BBKUsta Flnaaclal (narHeis— Per Cable. The daily closing quotations for securities, &c,, at London are reported by cable as follows for the week ending Nov, 16: liOndon, Mon. Sat. 43 Silver, per oz d. 431,8 971 18 Consols, new 2% percts. 971,8 9714 97^4 for account do FVch rentes (in Paris) fr. 82-90 83 00 U. 8. 4i23 0f 1891 0.8. 4s of 1907 Canadian Pacillo Chic. Mil. & St. Paul.... Erie common stock.. Illinois Central 110% 110% 130 ISO 57 57% 68% 08>8 29 13 II913 29 '4 119!ll Wed. 43 97 14 43 9733 971,,_ 973,8 976,8 43 9616,8 97 8300 110% 8310 83-22% 8305 xl09% 109% lOgTg 13014 5639 •16% 27'8 I3014 I30I4 56 561-2 6658 6738 27% 118% 119 56% 564 25 5573 24 14 54 Philadelphia &, Reading. 25 14 New York CenlTal. II314 11313 111% 110% Pennsylvania FH. Thurt. Tuet. 43 130S» 56I4 67 27i« 28 II914 5453 2403 IIII2 24)4 ' 119 54 24% llO'g have been as follows: Nov. Oct .19. Oct. 26. 2. Oct 12. Satei of Jnttrett at Bank Open Market Rate. Bank Ope-n Bank Rate. Market Rate. Parts Berlin i% iH 4 2ii 4 Frankfort 4 3H 4 Hamburg 4 3?« 4 3M 4 Amsterdam 2« 2}< 2« 4 4 4 2 4 2« 4 sa 4H 4 3« 4« 4 7 3 6 8 1 e 3 Brussels Madrid Vienna Bt. PetersbnrK.. CoDenha(r«>n 8 Rate. 4 4 3H 4 4 4 83i s« iH 3H sa 4« 4 Open Market , 1 3% ^a 4 8 Bank Open Market National Banks.—The following national bank has beeni organized since last advices : 3,938— The Wellsborough National Bank, Wellsborough. Pa. Capital, $50,00J. Hugh Y'oung, President; W. D. Vau Horn, Cashier. Imports and Exports fob the Week.—The imports of last week, compared with those of the preceding week, show a decrease in both dry goods and general merchandise. Thei total imports were $7,183,433, against $3,668,401 the preceding week and $9,100,434 two weeks previous. The exports for the week ended Nov. 18 amounted to $6,081,907, against $5,556,906 last week and $6,513,817 two weeks previous. Thei following are the imports at New York for the week endr ing (for dry goods) Nov. 8 and for the week ending (fo general merchandise) Nov. 9; also totals since the beginn 1 4 3H 2X 3M 8« e 3 7 S 2« 3M 7 8 The following return shows the position of the Bank of England, the Bank rate of discount, the price of consols, &c. compared with the last three years : 1 of the first week in January : NEW TOKK. FOKEION IMPORTS AT 1888. 1887. 1886 1885. £ £ £ £ Olronlatlon Pobllo deposits Other deposits 84,89S,435 25.618,535 22,360,537 23.723,453 Government 17,068.968 ?4.514.S15 5.8&8,41lj 3.454.141 secorltlea 25,103.705 25,044,365 8,114.798 3,107,236 25,917,588 15,123.7(57 19.983.I03| 12,359.980 19,429.936 14.033,215 Other secarltles 20,190,00t 20,374,038 Beserveof notes and coin Coin and bullion U.841,344 ll,83i.544 10,455.890 11,343,133 20,539,779 20,148,759 19,809,695, SO.037,497 S7 15-16 5 p. c. 43>i 4 p. c 102 15-16 3811-16 Ftop. assets to Bank liabilities p. o. rate Consols Clearimf- House return The rates for 101 money hwe been Bank Sept. 28 Oct. 6 19 26 •' Hot. 2 Interest allowed for deposits by rates. Trade BlUs. JBilla. Four Three 12 as follows: Disc't ITse Joint Three At 7(0 14 Four six Stock Months Months\Months\ Months Months Months Banks. Call. Days. London « 38J< 2 P.O. 100 5-10 157.92.%000 137.075,000 146,762.000! 123,989,000 Open market • 4 P.O. 101 1-16 4 Six a — [4 a -'4 a — 4Ma 4W34« 4Ka4Hl |4Ma5 4K35 3»a 3«9 -^4 ®l>i:4 a4H 3«a Siaa -^mM)4'3H<HH a — 3X@ -,3H®4 3«®4 4Vaa5 4 »4ii 3H@m 3« an a 3^(34 8« 4«(a4M 3«33-5< 3 5ie-j6 3 5 Is 3~ 4«® - Messrs. Pixley 8 a— SMdii & AbeU write 'S'4'aii 3>i 3H-SH 8X-3M Gold—The 1885. Dry Goods (Jen'l mer'dlse.. Total Since Jan. 1. Dry Gloods Sen'l mer'dlse.. 1886. 1887. «1.292.992 5,551,154 $1,892,604 7.606,267 $1,622,712 6,524,073 $1,729,8681 $6,847,116 $9,498,871 $3,146,783 $7,133,4311 5,403,6^ *88,053,692 $102,389,796 $108,106,916 $112.472,79fli 245,369,059 270,635,459 298,805,622j 290,169,74.^ Total 45 weeks. $333,452,751 $379,025,255 $106,912,538 $402,642,53^ The following is a statement of the exports (exclusive 0I specie) from the port of New York to foreign ports for thf week ending Njv. 13. 1833, and from January 1 to date: EXPORTS FROM NEW YORK. 1885. For the week.. . Prev. reported.. 1887. 1886. $6,431,943 278,901,815 .$S.257,483 268,974,399 1888. $6,702,584 261,835,789 Total 45 weeks. $285,333,788 $277,231,882!$263,628,373 $255,948,97 The following table shows the exports and imports of specifj at the port of New York for the week ending Nov. 10, anoi since January 1, 1888, and for the corresponding periods ir 1887 and 1886. EXPORTS AND IMTOBTS OF SPECIE AT NEW YORK. on the Imports. £xportt. Week. state of the Great Britain recent arrivals of gold have found no purchasers in the sinall ; ^Since Jan.l. West South America dcm.and for home consumption has absorbed nearly all the amounts of silver uffcrlng during the week, and tlie market closes at 43d. to-night. The arrivals are— £11,000 from New York, £28,000 from $l,9f! $6,&15.728 21,9110 2,695,31 ],036,8(' 24,999 6,323,969 5,100,864 467,432 742,638 9 2,668 247 425 1,332,41 42,8< 2,000 246,2!; 260,8i| $33,499 $19,572,531 $5,340 $5,616,6' 6,668.578 28,331 1,632.107 5,506 All other countries. . Total 1888 Total 1887 Total 1886 Since .Am. J $3,000 Germany..... ........ Indies.. ........ Week. Bhipped. —A $6,081, 249,86«, Gold. as follows amounts purchased for India. The Bank has received during the week £81,000. and £440,000 wore withdrawn today for South America. The arrivals have been from West Indies £47,000, Chile £3,000, Brazil £4,000, Bombay £4.000, and Natal £39,000, or a total of £97,000 to Bombay, £27,500 have been Sliver '1 1888. 1 S«-S!4 bullion market open market, excepting some For Week. 35,329j 29.523 37,41.5.,390 3(1,291,6 21.1M7.2 1 1 . NovjMBBR . 1 1 THE CHRONICLK 17, 1888.] XxporUl, 581 Impofit. ntvon* vno rair ro«s. auvtr. Week. \8inetJan.l. $9,743,093 427,S&9 22,508 000,030 7,300 Kriiiu'o. ...... ....... a«nuaiiy Weat Indies Mexico Hoiitli America 4,000 , Wnc«/an.l$03,174 112,054 Mimtk. 129,883 24,780 908,340 I 16,580,747 U,28«,4iM Sll.484.188{ 44.788,88* 10,I88,«U SI.IBI.8O1I 11,117,631 «7377.7»7 88.480.984 88,614,351 ti»jm,ia» 7,580,019 88,518,S!» 41,007,8U lS,t«8,«M *7,434,405 41,402.196 9,S39,227 «] 05,074 4,341 $1,823,1(75 2'JU,148 1,8I3.0:» 103,435' 8,6&4,L'84 17,H8.% 1,31)7,308 April . , Of the above imports for the week In 1888 |205 were May American gold coin. Of the exports during the same time Jnne July $:jOO were American gold coin. — Attention & D wight called to the card of Messrs. Hopkins, is Co., Cotton Exchange Building, This firm is one of the old(st and best known in the cotton commission hueinesa, and gives speeiil attention to tho purchase and sale of cotton for future delivery in New York and Liverpool. They also give attention to cottonseed oil and Southern produoa. — New York City Bank Statement for as follows. 10, 1888, is TVe the weekending Nov. omit two ciphers (00) in all cases. , Capitol. S ... morlca 3,000,0 Pheuix 1,000,01 City Tradeflmen's 1,000,0 1,000,0 Chemical , '. Morclianta' Kxch'nge Qatlatia National Butchers' & Drovers' Mechanics' A. Tradera Qreenwich I,eather Manufaot'rs. Beveuih National Btateot New York... Amoricau Exchange.. Commerce Broadway 300,0, 600,0l 1,000,0 300,0 200,0 200,0 •600,0 300,0 l,200,o! 6,000,0 Pacific 6,000,0: 1,000,01 1,000.01 422,7' Bepnblio 1,500,0 Mercantile Chatham 450,0 Peoples' 200,0! 700,01 1,000,0 North America Hanover. Irving 500,0 C00,0 600,0 , Citizens' Bassaa Maikut dfc Fnlton.. Nicholas Shoe ,& Leather. .._ Corn Exchange St. ,, Oriental Importera' 760,0, 600,01 600,0' 1,000,0 1,000,0 Oontlnental & Traders' Park 300,0! 1.600,0 2,000,0; Klver Hortli Xtat Kiver National Central National Second National Ninth National First National Third NaUonal K. Y. Natl Exchange fmnh Bowery 240,0 250,0' 3,200,0 2,000,0 300,0 750,0 600,0 1,000,0 300,0 2.50,0! New York County German- American. Chase National. nith Avenue German Exchange... . . Qerniania United States Lincoln OarOeld PUth National Bank of theJletrop.. WentMde Sealioard Sixth National Weetorn National.... Total 200,0 760,0 600,0 100,0 200,0 200,0 600,0 300,0 2oo,o; 150,0; 300,0 200,0 600,0 200,0 3,500,0 Loom. •• " Nov. ' Nov. " 1.1 -ii '27 3 10 27 ,? 10 62K,'j: 12,588,7 4,376,0 11,08.3.0 228,9 6,630,8 133,1 1,251,5 2,941,5 19,708.7 3,375,4 5,576,0 1,896,4 2,227,0 1,195,9 3,278.9 1,367,5 3,934,8 15,560,0 19,850,7 6,654,1 7,213,1 2,641,8 11,135.0 4,913,7 1.919,4 3,974,1 13,430,7 2,958,0 28.S.0 153,4 87,3 504,2 75,7 487,3 1,556,3 3,138,5 1,530,9 633,6 311,2 820,4 517,1 237,5 467,3 1.012,9 260, 5 363,6 2,630.0 610.0 1,750,0 381,0 1,881,5 635,9 1,319,0 622,0 3,215,6 440,0 917,0 123,0 6,885,1 421,0 553,3 146,6 9,186,0 482,1 530.2 694,6 1,145,6 233,2 600,1 111,6 135,0 236,0 122,9 110.1 680,3 164,8 332.4 47,5 517,1 218,0 3,751,0 616,0 2,347,2 1.840,6 1.471.2 186,0 1,640,5 767,8 187,2 600,8 2.427,1 217,4 690,9 626,5 248,7 347,6 644.2 243,4 3,609,6 665,6 458,4 274,0 684.1 198,8 187,1 437,0 922,4 200,4 ?.18,9 76,3 1,024,0 309,0 1,101,8 236,0 630,6 680,6 224,2 306,1 4,872,9 875,6 6,141,4 839,0 75,3 160,3 90.0 316,9 4,067.2 734,5 2,642,0 1,272.0 457,0 856,0 1,304,0 348.2 3,863,8' 1,494,9 1,540,0 132,8 162,2: 162.7 619,2 91,9 199,7 554.1 672,6 128,0 433,2 1,509,7 021,3 168,1 498,6 163,8 232,0 344,8j 12,340,0 10,519,0 8,447,1 7,478,0 12,677,3 3.779,0 15,594,1 2,763,1 23,093,4 4,019,7 4,744,3 2,000,7 2,4.M,0 1,156,0 Nov. " ' ...... "" 10 Specie. LegaU. 10.983.B4e 80AI8.499 atJUOAM October... 10,164,013 484M,99S 88.7t7MS 110,74a,»« 205,087.661 406.g40.4'18' 106,484JO4 885,5«»3.M7 809.077 Total... ExpoKTS raox mew tore. JP oosTOMs RBoatrrs. TMaX ttenkaiMH. At Wm* HoMk. Tark. MontK U88. 18B7. 1888. % 94,055,099 98,848,95; 94,478,887 Jannary..., 88,884,888 [••ebniary... 82,863.904 88,8(6,160 AprU 95.060,827 93.207,963 April 23,778,711' ;M»y • 18.484,891 l>4ao.8!» lUaroh ll.Oe0,«8« 11,160,864 I May 93,917,688 June 99,988.504 22810,761) 94,868.59f 28,374,791 94,506,401 95,338,876 ^pteober. 19.194.964 27,951.65- 97.&72,80S October ll.l«»,84a July August September October 1887. 8 January rebmary... March «7,891,S04j |jaly 845.4Sa.l6'J ;5e,0Z9.088: August . . . Total ! i4joo,raa 11.49044T »,«69,080{ 10.»«7,a8» June 95.623,035 11.788.880 18,098.817 IO,948,»4S| ii.suj8a 14460,504 18354,748 19,814347 16.808380 18380.78* 19.88038S 121,907.050 197J98.947 Company gives notics that 238 of the general first mortgage bonds were drawn for the sinking fund in accordaoce with the requirements of articles 11 and 13 of the trust mortgage. The bonds will be paid at 110 and accrued interest upon presentation at the office of the Central Trust Company, The interest will cease on and after January 1, 1889. The numbers drawn will be found in the advertising columns cf the Chkonicle. Anction Sales. —The follo-wing auction b^ Messrs. Adrian H. Muller Shares. •JO Iiniiorters' & at SOig Massaohusetta 2 Equitable Ga«-L. of N. T.125>| 10 R«al Estate Exchange A Auction Room (limited). 119>4 40 Fuller Eleoirloal Co. of N. Y.,oom \~a vt 15 FuUer Eleoirloal Co. of f *" ^ Tradeis' 400 Nat. Blink recently : Sharei. Gallatin Nat. B'k, N. Y. ..256 32 were sold & Son 100 Farmers' Loan &Tr. Co.. 530 100 Old Dominion 88. Co 66 22 Franklin Telegraph Co. of 134 Bank of America.. ..179-180i« '..' Jl^atiliing attd Dei»»its.+ Circ'I'n CteoHno*. $ $ CITY OF 722,328.9 367,105,7 68,3.132,6 871.138.2 539,072,6 14!),8B9,l!ll.233,0 .'',873,4 125,,036,2 6,062,7 102,015.7 151, .398.3 10.867,0 4,059,7 128,,148.4 6,113,6 109.704.9 161,160,9 10,S40,5| 4,261,1 128, 897,2 4,658,8 98,799,7 SIX PER Ifiuaucial. BLUFFS, lOn'A, COVIVCIL. IMPROYEIHENT CE]MT BO.X'DS. Is.sued for street improvements. Dated August and September, 188S> and due In 2, 4, 6 uud 8 years. Denomination $500 and $1,000. luurest pay ,iblo semi annually at the National Park Bank, New York. Total ludebtciliiess of the oily, exclusive of this issne, $147,400. 95.526,0 95,U17.0 24,995,7 24.493,2 24,667,2 j,*,^' *""*t fivo ciphers in all these figures, Oeiphia. the Item '- duo to other btnti." FoREiax Trade op 326.0 •2,701,9 361.0 2,634,7 634,6 2,300,9 f Including, for New York—Monthly 69.077.9 69,8311.5 58,730,6 Boston and Phlla Statement. —In addition to the foregoing tables, made up from weekly returns, ^0 give the followiug figures for the full months, also by our New York Custom House. The ment covers the total imcorts of merchandice. Issued 44j88e.7la 10.S3S.680 i 397,24.3.2 8.5,050,0 28,882,0 414 469.88,519.3 .t94,053,6 94,'281.3l 28.n90,8U«l, 884.3'6,491,3 393,706.4;9-2,460.7 27,871,1,418 53.S,6 0,487,1 394,410,!llsiO,n(>3,l 2j<,114,0 417, 787,4 0,365,8 303,974,1 88,58-2,4 26,700,9 414, !I5,794,0 -27 ;> 41.0443ta 90.878.888 9B.44<,i87 87,008.079: 30 B'k of New York, 15. N.A.237>2 250 Tradesmen's Nat. Bauk.102 37 Nat. B'k of KepulilicN.V.loO 140 Nat. B. of Commert-c.l79»4-180 199 Mercbants- Nat. B-k,N.Y.145 223 Ea.st River Nat. B'k,N.Y.165 Fblladel. Banks.* Oou 84.880,197 98,tl8,«08 10.1W.83V 1,377,7 13,986,0 14,090,3 6,086,3 8,147,4 2,977,4 11,296.3 6.207,2 2,837,2 4,264,5 14,641,6 2,985,0 8«b0MM4 8,888,805 io,s«».oeo September. 2,70-2,3 .3,324,6 8UKIMS 4U 200 Nassau Bank, N. Y.152i4-1.'55 N. Y.,pref J 709 Mechanic's Nat. B'k,N.Y.180"3 19 Old Dominion Land Oo. 2,7-28,3! 3,19.3,2 36 Chemical Nat. B'k, N. Y.. of Virginia 30 2.605,9 178,9j 2,941,6 3725-3805 100 Western Cardboard Co... 654,8; 4,007,2] 4,025,6 218,8: 2,047.5! 110 Union Trust Co., N. Y 587-801 $30 per abara 1.948,1 231,5! 3,023,0! 81 N. Y. Life Ins. & Tr. Co.. 600 3,701,0 IdGermanla Bank 231>s 7,038,0: 1,061,9 6,621,6 167 Eagle Fire Ins. Co 300 15 New York Concert Co. 254,1 4,682,0; 6,367,4 11 Howard Fire Ins. Co... 80>3 (Umited) $30 per share 345,1 2,060.1 2,040,1 150Knlckerbockcr.Fire!In8... 80 20Coiimionwcalth Ins. Co.. P5 4,034,3 21,951,6 22,808,2 20 Jefferson Fire Ins. Co.. ..112 10 Lawyers' Title Ins. Co...ll5<« 1,738,2 19,678,41 24,025,6 North River Fire Ins. Co.. 89 33 United New Jersey RE. A. 100,2 2,020,4' 2,160,6 217 10 Niagara Fire Ins.Co.,N.Y.133 232 «4 Canal Co 124,0! 1,268.2 1,505,8 354 Peuneylvania Coal Co 291 50 Knickerbocker loe Co »7>9 1,304,7 17,823,3 18,400,3 531,3 100 Consolidation Coal Co... 23 7.566.0 35 National Park Bank 10,99.3,0 184 212,81 3,632,0 4,613,0 100 Singer Manufacturlu),' t'o.301 Botias. 278,3; 4,991,0 6,477,0 300 Intemat'nal Ocean Cable $21,CO0 3d Av. RR. of N. Y., 5,875,8 21,317,8 21,099,3 Co. (guar.) 92 7s, 1890 105^» 217, 6l 6.760,9 6,107,0 340 N. Y. Prov. &. Boston RR.2III2 $87,000 6th Av. RB. of N. Y., 117,2! 1,555,7 1,342,9 la'TTerre Haute & IndiauapIst, 78, 1890 107% 36-2,4 2,405,0 2,714,4 olls RR. Co 92 .¥5,000 N. Y. Prov. & Boston 104,1 2,324,2: 2,926,4 40 Conejr laland <Sc Brooklyn RB., 78,1899 129 211,8 2,686,4 2.570,8 RB. Co 565,7 69 7,776,6 $20,000 Jersey C. 78, funded. 8,594,9 652,1 60 Washington & Ooorget'n 3,871,1 4,005,1 1897 115% 368,1 2,430,2 2,958,6 BR. Co 415 $500 Worcester BB., 1st, 4a, 384,8! 2,464,8 2,829,1 160 Brooklyn City RR. Co .. 128'4 1896 65 601,1; 16,3! 4,316,5 1,236.8, 4,637,7 677 Oswego & Syracuse RR. $2,000 Galre.ston Hotigton & 179,8! 2,948,9! 491,0 220,0 3,418,8 185-195 Co. (guar.) Hon., 1st, .")B, 1913 69% 23-2,5 2,259,0 411.7: 259.1 2,690,2 150 Rensselaer ic Saratoga $3,000 Port Huron & Northw., 243,0i 1,339.4! 212,2 1,70.3,7 395,2, RK. Co 17014 RR., Ist, 78, 1800 IDS 4-.'!l,6 3,654,0i 1,058.8: 227,5 4,601,8 '201.0 338.0' l,978,0i 274,0; 2,232,0 461 Memphis A Charlest'nRR 52% $6,300 I'ownshlp of Bernard, 128,0; Co. Somerset, N. J., 7s.. 29 3,074.0 447 Mahoning Coal RR., prof.lOO 2,414,0 490,01 260,0 62,0 2,108,0 400 Mahoning Coal RR.,com. 41% $1 ,000 Tebo A Ncoxho KR. of 1.7i!0,6 125,0 646.0| 87,6 10,216,4 8,863,7 lOOLehlghA WUkesb. Coal.. 28 712,5| 1,421,5 Missouri, 1st, 78, 1903.. 93% $ Boston Banks.* vet. l,H(i0,4 2,25.3.5 $ 84.80TJ8a 8.8».8M 88J8a.SM 4i,I44JM 14.818,( IIC,0«S,912 *l,7tS,l8a ia,78»M4 88M8.778 88,06e.03« —The Northern PaciQc Railroad $ 11,1&»,7M j 60.762,7 51,686,0 393,974,188.582,4 !26,700,9l414,90-2.8 „ N. Y. Bank*.* Oct. S s 2,0OO,0t 1,581,4! 12,370,0 2,050,0! 1,143,41 10,590,0 76«,9 2,000,0 7,795,0 2,000,0 l,6»4,ll 8,948,0 ., .... Mschaiilca' Spwit. I Bank of New York Manhattan Co Merchants' Loan*. Sttrpliu. 40,888.987 11,740.448 Total BAints. (OOs omitted.) 85,367,540 Angast...,. —The National (Jas Improvement Company report that only a small amount of their stock remains unsold. In consequence of this the price has been placed at f5 50 until November 24tb. For further particulars of this company the advertisement in our columns to-day may be consulted. The Homestate Mining Company has declared its one hundred and twenty-fourth monthly dividend of 20 ceats per share for October, payable by Messrs. Lounsbery & Co. Dn ttM. Jannary.,., rebruary March 917B,300«11,57&,243 0«Hra< Or» lOl.OO'l 19I,I'J7 3,074 102,000 G8',&37 0Jri,957 All other couDtrlea... Total 1888... Total 1887. .. Total 188G... Wetk. 18110. $lUS,00fl OrfMii lliitaln. ) . , first $4,643,540 00 $18,000,000 00 35,000 00 ASSESSED VAUI.ITION, ACTUAL, V.VLVATION, over PUPUIi.4TION, . . GRISWOL.D B.AIN state- 3 • Ot OILLETT, KERa 1 WAIiL STREET, N. Y. : : ; . : THE CHKONICLE. 582 The following were Site gawljjers' ^mttU. DIViPENDSs The following dividends have Per Cent. Wtien Payable. Railroads. & Quinoy (quar.) Delawarp & Boiimt Brook (quar.) North PcnnBylvanla (quar.) iniscnllaneous. PliUadelphui Coiipany (monthly) Chlc.Burliiiproii 1 2 2 1 : ; itielusive.) Nov. 15 Nov. 21 to Nov. 30 1.^ Nov. 11 to 25 Nov. 16 to Nov. 19 Nov. 25 Nov. 15 Dec. Nov. at the ; Boolcs Closed, (Days the rates of domestic exchange on under-mentioned cities to-day Savannah, buying J discount selling | discount@par; Charleston, buying j discount; selling par; New Orleans, commercial, |1 25 discount; bank, par; St. Louis, par Chicago, par @25c. premium. The rates of leading bankers are as follows: New York recently been announced Name of Company. to Nov. 25 November has been somewhat barren of striking evtnt?, with the exception of the cut in trunk line freights, which had a decided It is always difficult for the pubeffect on the stock market. to get at the merits or the scope of a railroad cut in its and to ascertain whether it is a mere tkirmish of in the jtresent ina day or the beginning of a long "war" stance, however, everything points towards the improbability of a serious trunk line war of rates, and the present difficulty seems likel/ to be settled soon by mutual agreement. The opportunity for rational legislation by Congress will now be greatly improved. So long as the Presidential election was just ahead both parties were so occupied with playing for position that nothing could be done but now the election is past, economic and financial measures should be fairly conearly stages, ; ; sidered. The Inter State in those respects where it A.ai8terdain (guilders) Frankfort or Bremen (relchmarks) Coins. ; W^a 40.'<.n 9514^ 95381 40''^,nJ>4li3g gSSiaftS^e —The following are quotations ingold for variouc coins $4 35 Napoleons 3 HG X XKeiclimarks.. 4 74 25 Pesetas 4 80 8))an*l» L>oubloouB.15 55 Mex. Doubloons. .15 55 Fine Kold bars par a$4 88 ® 3 iiO Sovereiiros a ® 4 80 4 t'S ®15 70 ®15 70 i Fine silver bars.. Five francs Mexican Do dollars.. uncouuuerc'l — 94 » — —93 ® — — 73%a — — 73 Mi a> — Peruvian sols —liihn EngUsli silver.... 4 80 a a Hpreni. U.S. trade dollars — 72 ® — 95 95 75'a 74ia 75 4 85 United States Bonds.— Government bonds have been moderately active at the Stock Exchange, and the 4s have made a further advance, while the 4^3 are uncharged. Both the offerings to, and purchases by, the Secretary of the Treasury have be^n small, the takings footing up $585,750 for the week, all 41s, and 108^ has been paid for a few amounts. The total payments made for bonds purchased from April 23 to November 10 were |112,891,453. The statement for this week is as Commerce law should be amended has been foimd to work unfairly Demand. Sixty Days, 16. Prime bankers' sterling bills on London.. i 85 ®4 8513 4 88ia Prime coiunierolal 4 S3^a>i 84 Docuuu^iitary commercial 4 8:-i <*4 8313 ...-., Paris (francs) 5 22>«a5 Zl'gS 18?ii»5 ISifl .,..., , 8TKKET, FRIDAY, November 10, 18SS-5 P. 31, The Money Market and Financial Situation.— The week WAl-L. lic XL VII. [Vol. follows Hi Per the 4 Per Cents due 1907. Cents due 1891. Oferings. Purch^es . Prices paid. Offerings. Prices paid* internal revenue and tariff laws should be suitably revised and {SbS.OOO }SS15,0(X) {200.000 lOSJi modified; the provisions for disposing of the surplus by bond 0.550 108"^ 261.000 343,000 318,000 88,000 152,200 108>i purchases or otherwise should be made definite and certain by 110,1100 108H-1089« 110.000 180,000 the regulation of Congress. 242,500 217.500 lOSJ^ 1085^ 218,800 The railroad reports now coming to hand for the year end80,000 S2,7j0 12,T00 1081^-1 U8>^ ing Sept. 30 are about wliat mit;ht have been expected. 1,2«9.203 685.750 I08>t-108^ 1,667,000 Tonnage and passenger business has generally been large; 121-70-130 '4'1.80»,000 106M-106M 51,392.000 there is no failure here, but rates have often been low, so that Still, it will be remimnet profits have made no increase. The closing prices at the N. Y. Board have been as follows: bered that the year 1887 was noted for its immense* railroad earning?, and if the majority of roads do not fall behind their N,v. Nov. Nov. Nov. Interest Nov. Nov. 16. 12. 13. 14. Periods 10. The debusiness in that year they will be doing very well. .i£_|. • faults in interest have been near a minimum, and if there is a 4Vl8, 1891 ..reg. iQ. -Mar. 107 k 10738 '10714*10714 lO'-Jsi' 10738 .ooup.]Q.-Mftr. •1031.1,' IOSI2 108'4'108i4* 108 19 10818 strong agreement for maintenance of rates in the Southwest, 4>a8. 1891 ...reg.'Q^-Jan. <i:7'4 12719' 12713 '127">a 127 <! 127'8 as it is to-day reported there will be, we may look for no more 4s, 1907 ,coup.lQ.-Jan. 127'4 127''8 'I3713I 12758- 127% 127 's 4b, 1907 defaults on the roads in that section, and the railroad outlook 6s, cur'cy,'95. -.reg.:J. & J. 122 '122 1'122 1-122 I* 122 122 '125 125 OL J J. -125 .reg J. & *12.t'«i*125 I* I'iS 6s, our'cy,'96., ..reK-iJ. in this respect will be much improved. 6s, our'oy, '97. ...reg. J. & J.*127is '1271a'' I27I3, "127 la* lvi7'a 1271a The open market rates for call loans during the week on 69, cur'cy, '98 ...reg. J. & J. 1*130 130 i'130 '130 1* 130 130 stock and bond collaterals have ranged from IJ to 3 per cent, 69, cur'oy.'9S». ...rei.Ll. * .1 |m;12%. >13234i*i:i2ii3i'H2%'' 1-234 132% and to-day the rates were 2@2i per cent. Prime commercial * Tills is the i.rle« bid al the morulug board no sale was made. paper is quoted at Ai@5 per cent. Urger bu.'siness has been State and Uailroad Bonds. on England weekly statement Thursday showed The Bank of done in State bonds this week than for a long time past, and a loss in specie of £46,000, and the percentage of reserve several classes have shown considerable animation. The Virto liabilities w;is 38'40, against 36-52 last week; the discount ginia 6s deterred and trust receipts for the s^me have been the The Bank of France rate remains unchanged at 5 per cent. most active, the latter closing to-day at 10 against lOJ last Friday. lost 1,876,000 francs in gold and 375,000 francs in silver. The railroad bond market has been characterized by a fair The New York Clearing House banks in their statement of general business, which has been well distributed. The tone November 10 showed a decrease in surplus reserve of $2, 172, 650, of prices has been firm to strong as a rule, and the decline of the total surplus being #11,557,600, against |13,730,250 the little or no effect upon the bond marker, except in ' ' :' . '• i I I ; —A previous 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 1888. Nov. 10. Diffr'ne's fr'trt 1887. Prev. Week. ifor. 12. 1886. Nov 13. stocks had Erie 2ds, which are ubually more sensitive than a few cases. One feature was a others, declined a little, but recovered. brisker business than usual and an advance in iome of the St. Paul divisional bonds, aud another was a decline in Atlantic & Pacific 4s. — Railroad and Miscellaneous Stocks. The stock market has been more active this week, the activity being at the expense of values early in the week, but with a decided recovThe week opened with stocks unsettled, and on ery later. Monday afternoon a decline commenced, which was continued This was caused by the announcement of until Wednesday. a war in rates among the Eastern trunk lines, the Vanderbilta being the special olij':cts of attack, as the cut was reportedoa those lines, and Lake Shore was particularly weak, declining All the active stocks suffered to 98f on Wednesday morning. 11,557,600 Dec.2,172,650 8,587,400' •,891,350 more or less, and the whole list was unsettled, though a few Surplns reaerve.. £xcliange. Sterling exchange was quite active for a time, held up remarkably well, considering the pressure upon the the demand coming from arbitrage houses on account of foreign market. The tone improved quite sharply on Wednesday This demand fell ofi latterly, however, and there was great strength developed in New England, whicn selling of our stocks. Rates have been strong and advanced five points from the lowest, though, as usual with leaving the market dull but firm. higher for actual business, and some drawers, who had not tU;s stock, there was no adequate explanation for the movepreviously done so, advanced their posted rates to the higher ment; but with the annual election in December it is supposed Posted figures to day are 4 85@ that some development may occur as to new parties in control. figures quoted a week ago. Among the grangers. Northwest was specially weak, being a 4 85J and 4 88i. To-day the rates on actual business were as follows, viz. Bank- Vanderbilt property and declining with the others of this The coalers have been fairly maintained lately, and group. ers' 60 days' sterling, 4 84i@4 84i; demand, 4 87f@4 88. Cable8,4 88i(g4 88}. Commercial bills were 4 83i@4 8:ii. Con- their future course will depend much on the demand for anthratinental bills were: Francs, 5 211(^5 21J and 5 18J@5 18i; cite in the next two months. To-day, Friday, the better tone was fully sustained, and reichsmarks, 95i@95| and 95|(a95J ; guilders, 40@40 J and to firmness were the general orders of the day. steadiness 40i@40f. 60,7C>2,700 Oapltal 51.586,000 lA)anii and dlsc'te 393.974.100 Dec. 4;5«,800l351.937,300 341.94(;.800 88.582, 400'Dec.l,480,7U0 74,801,700 78.0()5.20> Specie 5.322,30(i!Dec.],043,500| 8,030.300 Circulation 8,116,100 414,902.800 Dcc.2, 884,600,356,268,800 351.719,400 Net df-positB 26,7G0,a0(.[Dec.l,413,100| 22,852,900j 17,816,000 Lei<al tenders 103,725,700 Dee. 721.150 89,067,20ol 87.929.850 Legal reserve 115,283,300:Dec.2, 893,800 97,654,6001. 95,8i;1.200 Beserve held Surplus — : . NOVKKBEB I 8 . ..... THE 17, 1888.] (;HttONlCLE. 688 EXCHANGE KOK WEEK ENOINQ .HlOCKS-l'RlCEa AT N.T. STOCK 1 1 AND HINCE !VOV. lO, HIOai8T AMD LOWEST PBIOEB. STOCKS KR. .irlive AllaiiMi ,V Purtllo ........... & O., JJo l«l \nvt. Do 'J(l |uvf. Nov. !)0>9 DO •10 •17 •ITHi ocrt rcciri?. riMirK'. cort iNior^f. cert. I Do SI* prof 90 U UG 20 IS 1S»B 110:Ulll 43 4.S 97 « 97% MUwuakee <& St. I'aul .UloftKO 12. Do prof. OMoaico Js Northwestern Do prof. Obloago Book Island il Pitcitle CUoaxo BU Louis ii fllUliurx. Do prof. 10(1 'a mi's 107 4 107 lOS •ID'S •BO'S Delawure Luokawiuiiiu & West Denver Rlu O., assessiu' t pit ^«^ Do pref. Bast Tennessee Va. Oa. H'y A, Do Ist pref. Do 2(1 pref.. BvansvUio & Terre Haute A Denver City Qreen liay Wiuonai& bt.Jt'aul. lUiuoU ( Neutral Inil. Bloom. & West KlnKstoii it Pembroke Lake Erie As Western •20 137% 24 la •86 10 110:1911114 43 14 4314 97 14 «.)"s 98 00 la 'a 107 14 '100 Do pref Lake Shore & Mioh. Southern Long Island Louisville & Nashville Louis. New Alti. & Chicago... Manhattan Elevated, oonsol.. Miehi^ivn (central I519 30 38% 10.') 14 931a *5S 100 931s 00 20% 27 10>s 731a no 7313 21 85 89 95 52 pref... •91 A, Do pref... 53 9:2 >a 54 92 141a 12% 8 141a 1319 7739 77% •6 •14 12^8 76I9 *i)ia 1013 '9 St. Louis. . Missouri Kan.sa8i& Texas. Missouri i'aclHo Mobile & Ohio Nash v.ChattanooKa&St. Louis 871a •82 •82 84 New York Viitral & Hudson 109% 109% 109 Hew York Uliic. & St. Louis. I914 I914 •19 •74 Do Ist pref 70 la •73 Do •4313 15 13 2d pref. Hew York Lake Erie & Wcst'n 28% 28^8 28 Do prof. *04 06 6113 New York & New England 4519 45^8 45 19 I6I3 I6I2 New Y^ork Ontario & West I614 •958 Hew York Susq. & Western. 913 9% Do pref. 33 321a 33 ( . Horfolk.!: Western Do •1713 pref Honliem Paoiflo Do pref Ohio & Mit^sisslppl OreKon A Tran.-t-Contluental. Peoria Decatur A Evau.sville. 18 181a 30% •12 33 la 371a 3013 8'^ 90% 90"ii 10 •15 •10 •93 561a 9% 85 21 81a 117 2914 17 14 52>4 103 19 93 la 5939 •11 151a 3^ 37% 93 19 57'e Pa 933a 92 101* 84 110 20 76 45 231a 86 95 83 52is •5 •1419 311a 20 63 4 65% 100 10U% 42% 42% 974 974 G17h 108 107 14 12=9 75 37% 874 27 17 48 9% 0\ 73% 73% 234 23% •85 89 7% 58 27 58 27 •17 •46 137'<s 18 83 9% 73% 23% 89 7% •914 10% 82 la 10779 108% 184 I8I3 72 41 84 4SI9 28'^ 7913 4914 29I4 13 63 454 13% 9 3258 1779 •174 504 51% 20% 26% 59% 60»8 22 22% 29% 3039 24% 25% 504 2638 60 22% 2979 24% 47 '. & Piifiilc Laud Do ffheelinic tt pref Lake Erie, pref.. raixcellaiicooH Stockn. OoloradoCoal it Iron OonsoliduKMl Gas Co Delaware & Hudson Canal Oregon IiuprovementCo pref. PaolHcMail Nat 3413 8113 6339 6439 I413 14% •72 103 93>a 80 I413 274 94 ei^B 35 31% 34 13 31 sm 8II3 8214 81 118=8 118»8 118 73 105 91 72 72 10313 103 13 9314' 93 13 37% 38 39 84 170 80 169 80 70 •26 27 •86 •21 •74 45 40 94 85 84% 36 53% 53% '103 x79 83 1491314913 11979 1497j 14841484 111 •111 114 112 112% '78 79 79 80 78% 78%' '137 143 138 145 138 145 '.".' & Co Inactive Slocks. American Tel. Jb Cable Co WeUs, Fargo Atchison Top. &SaiitaFe Olnoinnati Wash. & B;Utimore. „ _I>odc orris pref. Es.se X New llavcn & Hartford. Ohio Southern Oregon Short Line H. Y. ••itte. Ft. Wayne &Chlo v.uick8ilver 232 Uo . tTarlona Stocks, &c. (Unl Anier. Cotton oil Trust Un" (\TtlilcHtcs Plpw ; 234 151 »% 38 I 130% 1.50% 37 10 37 47 •8 •44 Alrou pref 3% •232 2% 4% 12 21 3559 354 95% 95% 8% 9% 21 3539 95 isted.) 54% 55% 85% 80 56 847, 8% 12 814 6239 6338 •24 •3% 2% 4% •14 12 Hooking Coal.... cnnessee Coal 24 •14% 15% •14 15 43 43% 44% 46 20 , 64% 66 232 Lolumbus - 80% 814 80 235 36 it 85% •24 2% •3% 4% 143% 143%; •8% Mining Co •13 62% 48% 15 IIH 2,081 573 2,900 -Oi) 1,240 149 100 600 857 4,525 157,96.) 222 12,397 11% July 23 17% Sept. 29 29% Mar. 31, 41 Sept. 28 32% Apr. 2' 42% Sept. 2» June 13 14% 26% 26% 60% 614 63% 13% 26% 60% 103 79 102 93 93 37% 38% 74 75 148 113 *7S 137 148 113 80 145 147 111 78% 138 148 l*145 113 ,112 79 77 138 137 41,950 1.150 114,820 082 270 7,805 1.355 6078 45.5 1 2,415 I 3 12% Mar. 145% Oct 23 2 22 2 Mar. 8% Mar. .55 Mar. 174 Apr. 84 Mar. 21 Nov. 7 Oct. 114 Mar. 9% Mar. 2779 Jan. 12% Mar. 404 Apr. 854 Apr. 87% Apr. 50% Apr. 30 Apr. 1 6 Jan. 55% Oct. 1 1 4 Oct. 83 1 3 Oct 25 27% Oct. 3 22 90% Sept 11 13 46% Jan. 8 L 30 12 July 25 8 5 123%AiiK. 28 19% Sept. 13 16 37 22 % May 1 l»%8epL29 2 5578 Oct. 2 10179 Oct. 2 2 1- 31 1 1 June 25 64% Jan. 9 45 Oct. 13 98% Sept 11 92% Oct. 1 80 Jan. 1» 104% Jao. 5 979 Apr. 30 184 Apr. 30 18% Jan. 8 89% Jan. 3 13% Jan. 27 85% Sept 4 111 Sept 28 95 20% Oct 28 22%Mnr. 9 30% Oct 52% June 13 67% Oct 29% .M.ir. 22 534 Oct I 1 S 14 June 13 19 Sept 12 7% Mar. 28 1 1 % Sept. 12 26 Apr. 2 37% Sept 29 15% Mar. 24 234 Sept 13 41% Mar. 31 58% Si pt 19 1979 Apr. 3 29%8.ptH 42%Mar. 31 64 8<-pt 11 17%.Mar. 27 2(>%8cptll 30% 51,163 174 Apr. 2I 32 Oct 1 25% I,30.. 15% Apr. 2| 28% Oct 1 4878:297,7i.5 47 Nov. 13 5479 Sept 9 28% 3.'',2Gni 19 Apr. 2 29% Oct 24 23 81% 90 27 66% 113 38% 98 104 23% 64% 13% 26% 60% 105 92% 92% 37% 39 76 .May 80 61% July 6 7679 Oct 16 850 28 Hor. 31 45 Out 24 50% 26% !J3% 61 7e 110% 65% Apr. 2 95 OoC 23 42% Apr. 2 65 Oct. 1 17 Mar. 21 36% Sept. 11 3,690 1,400 1,070 1,550 5 Feb. 24 Apr. 27 I.1II7 21116 Bciit 4 31116 Sept. 29 5 114%.l»n. V7 44 1,340 1.860 18 76 1694 167% 167% 167% 167% 169 169%! 170 170 8439 8538 83% 84% 8379 3459 84% 84%| 8379 84% 81% 81% 664 664 *150 . . t. 27 23% 644 41 2678 6 78 150 115 79 145 55 jan_ ^1 j<0)4Oct 24 70 82% Fob. 13 94% July 25 24 Mar. '27 30% Jan. 5 5,350 63 Apr. 2I 74% Oct 5 4". 105% Apr. 3 116^8 July 19 2,389 354 Nov. II 04% Aug. 4 32 89 Mar. 29 103 Jan. 28 9211 94 Apr. 2 114%Jan. 23 12,000 ISTgJuno 6' 20% Sept 8 100! 22 July 7; 23% Aug. 3 08,'.J05: 48 Apr. 2; 06% Oct 10 ' " 4001 12 Jan. Mar. 27 16 3 Mar. 24 30 May 1 2,'2O0 21 3,470 44% Jan. 3 62 Oct 5 7,975! 1,700] " 90» 30% Apr. 2 387b 3.174 08%MTir. 29; 83% 2,622 103 Jan. 3 120 121 45 Mar. 29 77 133 101 4 July 2 107% 3,3'23 844 Apr. 2 97 6,893 28% Apr. 2 40% 810 74 Nov. 18106% 1,083 1354 Apr. 3 175 41,5341 70% Apr. 2 86% 690 137 Apr. 12 155 08 106% Mar. 22 113 Jan. 41 82% 352I 67 5 128 Jan. 19 143 Feb. 17 Sept 4 Aug. 28 Out 6 Aug. 8 May 2 Oet 1 Feb. IS Sept 20 Oct. 5 Oct 4 Nov. 14 Oct 11 Juno 33 I Do. pref Louis Alt. & Terre Haute ot I-ouis Ark. c& Texas = outh Carolina 5 45 95 80 18% 92% 93 3679 37% 92% 93 3679 37% Adams Onitedstates 17% 304 174 51% 99% 93% 57% 604 61 •33% 35 35 314 34% 3-1 814 •814 81% 81% 81% 81% 81 118% 118 118% 118% 119% 11878 11879 •71 72 72% 72% 72% 70 72% 170 85 American 116 27 Oct. Oct. lie 1:1-1 1,268 lOO lOO 84 34 Pullman Palace Car Co Western Uuion Telegraph Express Stocks. 89 74 1839 IS'9 184 72% 72% •71 40% 40% 40 2739 27% 2759 26% •62% 63% 62% 63 4779 4939 477,, 47% 15% 14% 14% 15 94 94 94 33 33% 334 •17 18 18% 17 514 50% 51 49% 2639 26% 20% 26% 60% 60=9 61% 60% 23 23% 23 22»B 30iS9 30% 30 29% •24% 25 23 25 484 4779 48% 47% 28% 284 29 28 80 80 81% 79% 90 90 20% •26% 27% •26 06% 66% 67% 65% 6139 103% 105% •80 94 .Ian. I'' Apr. 1.713 100%. luly 2,75ol I I I'l. Mir. .> 1,000 75 63% 634 61% 14% 13% 13% 14 26 60 73.(; OcL I . 26 73% 23% 23% 1 1 30 -JOhiOct. _•! I, Oct. 1.1 20 40% 64 27 61 37% 37% Gas...! 65 14 2736 611a 118% 118% Do ^ Oregon Hallway & Nav. Co... Phlla-lelphla Co., 0519 •1414 2739 6II4 .1..1V •_'_', 1( '.vr 130% 137% 87,562 123% Apr. 200 15 J.dy 16% 10% 18% Trn.'jt.. Uniou Facillo Wabash St. L.&Pacltlo 10 9 2079 919 94 32% 32% July 17 10% Aug. 5.-' I,42.> 5 40 46 11 43(|l .01-'' 50% •93% 93 '40 I.Vmi !>0% •72 $ . 100 150 15 in%.T»n. 10 n-jiT.r.n ' 620 77% Jane 12 72 Apr. 2 •51 54% 48% June 18 91 93 93 93 83 Mar. 27 •5 8 379 Mar. 28 7% •3 7% •13 16 16 15 100 9% July 6 1339 1359 13% 14 9,232 10 June 11 13% 14 754 77 764 77% 75% 78 34,346 67% June 12 *9 10% •9% 10% 10% 6% Mar. 29 81 83 •81 83 82 800 71 Apr. 2 82 107% 108% 1084 108 »6 108 108% 15,695 102% Apr. 2 85% 51% 54% 91% 93 74% 72 43 •15% 16% 1779 45 307 7% Apr. 3 av) Si"" vnv. 13 47 94 •72 2.i% 8 84 82 107 107 •13 14 38% 36% •37% 38 •37% 38 37% 38 38 47% 48 2-58 27-'58 RlohmondA WestP'tTermlual 29 29 14 28 4 8II4 81% Do pref. 80 81% 79 80 Borne Watertown&Ogdeusb'i! 90 89% 90 90 90 St. Louis & Sau Franclseo 2534 ;!058 20% 25% 26 271a 271a Do 6478 prof. .0739 67:<8 0513 6714 61 66 Do Ist pref. II219II2I2 112 114 110 112 110% 110% 112% 112% 112 Bt.Paul.b Duluth 43 43 42 334 39% 33% 37 42% 43 40 38% Do •97 pref 99 99 St. Paul Mi uneftp.& Manitoba 10-1 la 10513 1051a 103% 103% 103% 103% 103% 104 104 lom r. \a.<&Pacillc 24 13 24 13 24I9 24»6 23 »8 24% 23% 2378 23% 23% 23% Phila. Ji aea<l. Vot. Tnvit. Cert. lixin aixhwii 0,":: 0.1 68..- 106 •10.-i% 106% 110% 109%110V 109% 110% 1421a 142% 142% •141% 112% I4I3 561s 2019 94 16 13 76 6"il 101% 101% •101% 100 105% 105% 93 93% •92% 93% •92% 03% •40 511a 9215 8 4139 23% 26 14 33% •21 43 95 86 26% 27% 62% 64 33 14 18 9136 42% 42% 421a 05% 88 52% 90% 91% 31% 34% 19% 19% 82 97 Hi 107 •35 13 3719 21 8 05>4 I6I4 9i« I103|f 8% •84 16% 16% •1(1 17 17% 17% 17% 17% 110% 111 110 110% 135% 130% 13638 10 73 la 45iSe 28''s 184 •33 •19 88 83 115% 1164 •115% 117 116 17 18 •15 17 •15 17% •16 28% 29 14 *2S% 304 •28% 304 •28% 16% 16% 17% 17% 17% 17% 174 5II4 5214 51 52% 52% 52% 51% 9838 9979 98^8 101 99 100% 98% •92 93% •92 94 921a 921a •92 57 14 58 5739 58 57% 58 57 41 77% 19 17 107 •12 8 •1151a 1161a 47 95 89 55 8 lOia 1319 38 la 1'.) 101% 105 731a 23 85 la 27 14 27;>8 60 78 01^8 23 14 23 13 •25 la 20 48^8 4938 •8IS9 52'H 10t>%110i4 110 42 43% 12 >a 97 '4 D6''9 9078 64 »9 651a 61% lOtiHi 106 la, loo 10939 noia! 10;i lOia 51% 51% 23i« 3138 Sahi 30 19 I8I4 731a 211a 2739 6138 2319 61% n't 52 17 •46 51% 52 14 2739 541a •3.-> 271a 25% 26 las^s 1371a 13939 135-9 137 7 '8 7'8 8 II714 II714 110 18 18 29% 29% 2914 •1714 18 17 14 52I3 53 5214 103 10314 101'^ '92 13 94 *92ia 5973 59 5839 12 46 'a •41 Lake Shore & West... 90 1121411214 •1421a U3 107 "a 108 100% 107 3SI9 •18% 20 •48 50 •10 73 la 17 18 3 59 891a 20 Fort Worth Do LoweM. Nov. 16. •8 Sl\ 32% 17 IS 37 lo:>^ 105.\ •93 ig 04 Uiuueapolis Week, Friday, 8I4 84 20 mia •13 prof. Do Iiiil. St. Louis <fe CUlo.. Ulevelanil (:oJ.('tu..V' Iiullnnap. ColuiLliua Ilockiut; ViU. &Tol 89 30% 94 35 14 ID •301.1 SSHj •liSia Ctnclii. 83 54 90 19 90^1 lilOs; 110^8 112 1121a 11314 OtUcaKoSt.PaalMln. i&Oiu... Mil. Bang* Mom Jan. I.IDM. of Wednesday, Thnndar. Nov. 1-1. Nov. 15. 1:1. 814 8>a 54% 84% 53^ 5t -aKK IliirlliDttou A (iutuoy Liiniijro tc Ku«t. llhiioU ' Nov. '8»a New Jersey. Im ..>i..i;.ki> I Nov. 10. Tuudav. •55 '9 l':i ( HoiuUy, IMa. 1, Stocks. CXiI(:i<ll:ill I'lU^ttlc. I Batutday. JAN. 232 15% 43% 44% 151 •8 38 42 8% •9 21% 21 36% 34% 95% 94% 5779 54% 864 S67« 9% 38 47 8% 11% 22 36 814 63 64% •24 2% •SO •3% 4%' 143% 143% 81% 81% 63 •24 3% 230 234 •11 18 "14 44 149 44%| 230 •8 149 10 37% 37% "sii 11% 21% 217g 94% 364 95% 95% 86% 874 55% 57% 85%8e79 35 Tbese are the prices bid and asked; no sale was made at tbe Board. ,' 2%' 4% 2.34 15% 43% 44% 149 •8 37 •42 •s" -9 814 814 64%' 63 64 4 •9 151 9% •149 •8 •4i 11 •9 95 57% 85% 86% Prtoea 234% 231 %| •14 16% 42% 42% 47 35% 35% 547, 2% 44 151 »% 37% •36% 38 21% 22% •94 •24 '3% •7% 8% 11 3»7g 98% 1.1 u 58% 54% 84% 85% from botb ExobangM. 82 Jan. Sept 28 99% Felk 30 4% Jan. 9 June 6% Feb. 34 44 61 135 Jan. 3 I4.'S% Sept 7 OeX 39 4 234% 157 215 Jan. 61 79 7,518 50 1 Oct 178 Aug. 10 Mar. 22| 17% Sept 4,015 13% Mar. 26 46 Nor. 172 149 Nov. 14 185 May 9 Mar. 191 13% Jan. i.ooo 33 yiM. 3ll 41 July 1 35 47 •21% 23 35 95 U4| 70 206 100, 8 % Nov. 6% Aug. 200; 17 21,030 Miir. 24% 787 94 39 19 14 IS 17 1 167g Jan. 16 48% Oct 27 I'i 13 12% Out 37 Mar. 22 30 Jan. 9 Apr. Sl 36% Nor. 13 Nov. 31 95% Oct 38 Mar. 21 57 7g Nov. 13 123,7951 25 M«r. a .y.o^.ono 71 % June "7'10» 1 . THE CHRONICLE. 5S4 BONDS-LATEST PRICES OF ACTITE BONDS AT Sange since Jan. Oloiing. Bailroad Bonds. Nov. 16 Kov. 9 * i*ao.—W. D. Inc., 68, 1910 ZCs 79''8 Gaar., 48, 1937 i-VaKa Can. Boutli.— let guar., 58, 1908 106%b. 92 .-- • 2d, 6b, 1913 lC5i2b. Central of N. J.— 1st, 7b, 1890 120 b. Consol.7s, 1899 Il20ial) Convert. 7b, 190!i 10bi« General mort., 5s, 1987 A.U. 2719 Jan. 19 Apr. 7913 Nov. 84 May Range Closing. 1. 104% Aug. 108 % June Railroad Bonds. .Yoo. 16 jVor. 9 siTiee 1888- Jan, 1. Highest MU. Lk. 8h. & W.— l8t, 6b, 1921. 118 a. UT'ea. 117 Nov. Mllw. & Nor.— M. L., 68. 1910.. IO914 109 1051a Jan. 108 107% 104% Jan. Extension, Ist, 63, 1913 91 June Minn. &8t. L.— 1st, 78, 1927.... 95 b. 8613 61 b. 57 19 June Mo. K.&Tex.—Con., 68,1920... 63I2 5314 5913 Mar. 58% Consol., 5s, 1920 9114 913^ Consol., 78, 1904-5-6 881a Oct. MobUe A Ohio—New. 68, 1927 .. 113 b. 114 1081s Jan. *8 b. 48 38 June General mort. 48, 1938 9ti4b. 84I9 .Ian. MutualUn. Tele.— S.f., 6s, 1911 9414 Nash. Ch. & St. L.— 1st, 7s, 1913 129iab. 129 %1». 128% Jan. N.Y. Central— Extend., 5s. 1893110414 103i-3b. 103 May N.Y.C. (feH.-lst, op., 78, 1903 136i2b. ISOisb. 132% Jan. Ill Ill lOSiaApr. Debenture, 5s, 1904 ISOSgb. 1301a I2719 May N.Y.&Har.— Ist, 7s, 1900 9178 8614 Jan. N.Y.Clilo.&St.L.- lBt,48,1937.. 92 117 117 h. 114 Mar. N.Y. Elevated— lat, 7s, 1906.... N. Y. Lack. & W.— Ist, 6s, 1921. 131 14b. 131 b. 127 Jan. llliab. lll%b. 1077e Jan Construction, 58, 1923 107 lab. 10238 Jan. N. Y'. & Nor.— Ist, 58,1927 109 Jan. N. Y. Ont. A W.— Ist. 63. 1914.. 113 b. 112 94^8 90 Mar. N.Y.Sus.&W.- l8tref.,5s, 1937. 9413 113 b. 11319b. 109 Apr. MidlandofN.J.— 1st, 68,1910 lieiab. II219 Jan. Norfolk A West. -Gen., 68, 1931 116 117 ll5i9Jan. North. Pacific— l8t,coup., 68, '21 I1719 HO 102 Jan. 1091a Gen'l, 2d, coup.. 1933 100 lOOkb. 89 June Gen'l 3d, coup. 68. 1937 N. Pao.Ter.Co.— l8t, 68, 1933... 105 b. 105iab. 99% Jan. 117iab. 114i9Jan. OhioAMles.—Coneol.,78,1898. 116 Apr. 119 b. 2d, consol. .78, 1911 OhioSouthern- Ist, 68, 1921. .. 105 b. i05ii'" 9919 Jan. 44 29 Mar. 2d,lnc.,6s,1921 Omaha* St. L. -Ist, 4s, 1937.. 74 b. 74 b. 70 Mar. Oregon Impr. Co.— 1st, 68, 1910 107 b. 10614b. 9414 Jan. Ore. K.ANav.Co.— 1st, 68,1909 Ill b. 11014b. 108% Feb. 10319b 104 OtiH Jan. Consol., 5s, 1925 93 Jan. Oregon A Trausoon.- 68, 1922.. 101% 101% — 1, Lowest, Mar. 96 '8 AuF. Aug. 1081s Jan. Oct. Jan. 121 Jan. 12319 Apr. Jan. 10638 June 117 b. 1121a Apr. 117 Oct. Len.&W.B..con.78,1909,aB'nt 117 June Am. Docli <& Imp., 58, 1921. .. lOS^i 108 14 lOliflJan. 109 II6I2 June b. llSisJan. 115 1898.. 68, Central Pacitlc— gold 113 1>. 1131s Apr. II6I4 July Ban Joaquin Br. 68.1900 101 b. 101 b. 100 Apr. 103% Jan. LandKrant68. 1890 103 b. 103 b, 101 13 Apr. ICSH Sept. Hurt. 68, 1936 '98 312 b. IO514 Feb. 114i4Feb. 6b, fund Clies. & O.— Pur. m. 8016 Sept 77'4b. 'YsHb. 6214 Mar. 68, gold, 86r.B,1908,reorg.cer. 78I3 7758 62 Apr. 801a Sept. reorg.ecr. Ext.coup., 4b, 1986, 32 ICs Apr. 34I9 Oct. 6«, currency, 1918, reorg. cer. 31 114 b. 114% Nov. 115 a. OOifl Jap. Mori. 6e, 1911 ice's 10314 .Var. llOia July OUeB. O. &8o. W.— 5-68, 1911 ... 106 "a Jan. 103 -----.-• 97 Oct. 1926. 58, CUo.Bur. & Nor.-lBt, CWo. Burl. & Q.— Con. 78, 1903. 132 "ab. 132''8b. 1291a Jan. 134 June 10218 101% Nov. IO7I9 Feb. Debenture 5b, 1913 ^S^"*.. 91 b- Ol"* 901a Sept. 95 Jan. Denver DivlB., 4b, 1922 b. b. 91 91 Sept. 97 Jan. 91 Nebraska Ext. 48, 1927 113 Jan. 119i4 0ct. CWc. & East. m.-Con. 68. 1934 llSisb. 119 9714b. Oct. .... 97% 911a May 101 Geu.consol. ist, 58, 1937 Chic. & Ind. Coal K., let, 58, '36 103 b. 103isa. 98 Apr. 10319 Oct. 115 b. 119 Apr. 113% Oct. ClLMll.&Bt.P— Ist, Life M.78,'97 125i2b. 126 123 Oct. 128 May Consol. 78, 1905 Feb. l«t, So. Mln.Div.— 68,1910.... lll>8b. llOijb. 10719 Sept. 114 104 101 13 Jan. 107 Aug. let, Chi. & Pae.W.Div— 58,'21 104 13 b. May 101 104 9812 Sept. WlB.&Min.Dlv.-58, 1921.... 101 b. 102 b. 100 Jan. 103 June Terminal 58, 1914 1441-3 141 >ib. 144 Nov. >ii 139 >9 Jan. Ohio. & N. \V.—Consol. 78, 1915 13114b. 132 126 June l32ia May Gold, 7b, 1902 118 b. 118 Oct. 121 Feb. Blnklng fund Ob, 1929 107%b. 107 "ab. 106 Apr. Ill Feb. 114 b. 106- Jan. BlnkluK fund 58, 1929 Peo.Deo.A Evans.— iBt, 68, '20. BIuMngfund debent.58, 1933 109 '4b. 10938b. 107 May. 112ie Sept. Evansv. Div Ist, 6s, 1920. 104"b. 108 a. 102 Mar. lOSiab. 10b lab. IO3I2 Nov. IOOI9 Apr. 69 May 73 a. 73 26-veatd6beut.58, 1909 2d mort., 5s, 1927 94''8 9513 98 Aug. 8838 88 Oct Extension 4s, 1926 911s Miir. Phil. A Read.— Gen. 4s, 19,58... 88% Juno 85 14 Aug. 90 89 'a Ohl. R. I. & Fac— 68, coup. 1917. 133 "sa. 13:ii2b. 130 July 134 1st pref. income 5s, 1958 106'8 lOe'^g 76 104 Mar. 108 May 75% Exten. <t col. 58, 1934 691a Aug. 2d iiref. income 58, 1958 5919 Aug. 62% 1958 Oh. Bt.P.,M.& O.—Consol. 6s. '30 122 'sb. 12214b. ligiaJan. 1231a May pref. income 53, 631a 3d 97 95 Oct. 100 la Jan. Oh.St.Ii.A Pitts.— Ist.con. 58,'32 Rich A All.— 1st, 7s, 1920. tr. reo 5914b. 60 b. 51 Apr. 131'8 b. 133 Nov. 11618 19 131 109 Jan. Consol. 73, 14 123 Jan. Ind.— 1915 & Cons., 68, 0. C. C. Riolim. A Dan.— 112 b. 107 19 Jan. 113 May Gen. 68, 1934 871s a. 86 b 80 Apr. Consol. gold 5a, 1936 104 b. 100 Jan. 106 May 85 Apr. Col. Coal & Iron— iBt, 68, 1900.. 10414 Rich. A W.Pt.Ter.— Trust fi8..'37 9838b. 9914 78 b. 63 Mar. 841a Aug. 116 Mar. Col. H. Val. & Tol.— Con. 58, '31 79 "s Roch. A Pitts.— l8t, 68, 1921 84 b. 63 Mar. 114iab. 86 87 Sept. 113 Jan. 11419b. Gen. gold, 68, 1904 1922 Consol., 68, Denver ,k Kiu (Jr.— l8t, 78, 1900;il8 b. llUi4a. 1181s May 1211a Oct. Rome W. A Ogd.— Ist, 78, 1891. llOiab.l Il0i6b, 107 Jan. 10518 Apr. 10514b. loo's 77 b. 7719b. 75 Mar. 79 19 Jan. Ist con. 48, 1936 1922 Consol., extend., 58, Den.*R.Gr.W.-l8t,6s,1911. 78 b 80 b. 71 Jan. 83 Aug. St Jo. AGd.Isl.- l8t,6s, 1925 104 b. 10378b. 93 Jan. 68%b. 70 40 Mivy 60 Mar. 76 Aug. 49 Aasented b. 2d, income, 58, 1925 771s 112 July 71 Aug. 81 Apr. Den. 80. Pk. & Pac— Ist, 78, '05 77 St.L. AltAT.lL— 1st, 78, 1894. 114 b. 43 Jan. Del.Mac.& M.— LKl.gr.3's8,1911 30 b. Sl'^sa. 34 May lOS b. 108 b. 108 Feb. 2d, M., pref., 78, 1894 104 E.Ten.V. & G. Ry.— Con..58, '56 103 95% Jan. 1051a Oct. 105 b. 103 b. 103 Jan. 2d., M.,luo., 78, 1894 96 Mar. 104 Jan. 40 b. 35 Apr. Ellz. Lex. & B. Sandy— 6s, 1902, 100 b. 100 14 Dividend bds, 68, 1894 8714 Nov. Erie- let. consol. gold, 78, 19201135 b. 135 Hib. 1321a Mar. 1381a Aug. St. L. Ark. A Tex.— Ist, 68, 1936 9 1 b. 9II4 113isb. 114 115 Jan. Apr. 3314 31% Nov. Ill Ix>ng Dock, 7b, 1893 33 b. 2d, 68, 1936 115 b. 115 b. 115 Apr. 120 Aug. Con. 68,1935 8t L. Alr.Mt— l8t,7s,1892... IO8I9 108 b. 106 19 Mar. 106 13b. 105 June H.Y.L.E.&W— 2dcon. 68, 1969 lOOig IOII3 92% June 10218 Oct. 106 2d mort., 78, 1897 92% 102% July Ft. W. ADenv. C. -1st, 6s, 1921 92=8 77% Apr. 93^8 Sept. Cairo A Fulton-lst, 78, 1891 105 b. 104:^ b. 68, 108 80 Apr. Gal.Har.& San. Ant.— Ist, '10 lOmFeb. 1061a May Gen. Ry. A land gr., 58, 1931. 87 a. 87 102'ab. 102 \b. 98 Apr. 106 July 2d M., 7e, 1905 81. L. A San Fr.- 6s., CI. A,1906 114%b. 11458b. 113i4Jan. 93 -s West. Division— Ist, 58, 1931. 911-j 90 Mar. 95 Oct. 114%b. llSSab. II4I2 Nov. 68, Class B, 1906 Gr'n B. W.&8t. p.— 2dlB0.8s, 19 11 25 b. 29 b. 25 Apr. 42% July 114%b. 114iab. 114 Jan. 68, Class C, 1906 118 b 117 Oct. 12214 May. Golf Col. c&8an.Fe—lat,78, 1909 115 b. 115 a. II219 Jan. Gen'l mort., 6s, 1931 9OI4 90is 102i9b. 10219b. 100% Jiiu. 88I9N0V. 98 Sept. Gold, 68, 1923 Gen'l mort, 5a, 1931 112 Jan. Henderson Br.Co.—l8t. 68, 1931 10814 b. 109 b. 107i« Mar. lioia June Bt Paul M. A M.— l8t, 78, 1900 116 b. 116 124>4b. 124 b. 111 Mar. 12414 Nov. 11719b. 117%b. 116 Apr. H. & Tex. l8t M. L. 78 2d, 68, 1909 124 b. 112 Feb. 124 Oct. 1st, West. D., 78,1891 119 1191s 114 Mar. l8tOOUB.,68, 1933 105 ijb. 105>sb. 105 June 114 Feb. let,W»co<&N.78,1903 reduced to 4ia8.. 9838b. 97 h. 96 14 Apr. Do 108 b. 102 Feb. 1081a Jan. 2a, consol. M. L. 8s, 1912 Montana Ext 1st, 4s, 1937... 87iaa. 87 b. 80 Mar. 72 »9 Sept. Shenandoah Val.— Ist, 78, 1909. 90 b. 90 b. 90 Jan. Gen. mort. 68, 1921, tr. reo... 68 b. 70 b. 65 Jan. Ind.Bl. &W.— lst,pref.,78,1900 110 May 1121a Jan. 30 b. 31 b. 29 Apr. Gen'l mort., 68, 1921 lBt,5-68, 1909, tr. roo 93 b. 93 b. 80 May 95 Oct. 100% 97 Jan. 100 80. Carolina— 1st, 68, 1620 68isb. 69b. 7413 Sept. 69 Jan. 2d, 8-68, 1909, tr. rec 65 Feb. 78 a. 7713 2d, 63, 1931 95i4 0cr. East. Dlv.— 66, 1921, tr. rec. 93 b. 93»»b. 80 May 15 b. 15 b. 13 Apr. Inc., 6a. 1931 Income, 6s, 1921, tr. reo 23 a. 20 b, 15 Mar. 25 Sept. Bo. PacCal.— Ist6a, 1905-12.. llliaa 112 a. Ill Nov. Int. & Gt.Nor.— l8t, 68,gold,'19 10212b. 102 b. 98I9 May. lllia Jan. So.PacN. M.— Ist, 68, 1911. .. 107i«b. 10713b. 10314 Jan. 94S8 Coupon, 68, 1909 70 b. 67 b, 61 Apr. 77 Jan. 92 May Tex. A Pac— Ist, gold, 5s .2000 91 % 4II4 Kent. Centr.— Gold 4s, 1987 3814 June 73 b. 73 b, 69 Jan. 75 Jan. 4013 2d, gold, inc. 53, 2000 KnoxT. <fc O.— let, 6s, gold, 1925 104 10313b, 89i« Jan. 1041a Nov. 85 Jan. Tol. A.A. AN. M.— 1st, 63, 1924. 9914b. 9978 L. Erie & W.— Ist e., 58, 1937 .. 108 I07ifl0, lOlia Jan. 110 May. Tol.A.A. A Gr.Tr.— Ist, 6a, 1921 105 b. 105 b. 101 Jan. Lakes h.—Con.coup.,lst,78,1900 12858 125 Feb. 12?!% Nov. 101 b. 93 Jan. Tol. A Ohio Cent— 1st, 5s, 1935 IOII9 Con. coup., 2d, 7b, 1903 9479 91 Jiiue 126'4b. 12014b, 12219 Jan. 127 Nov. Tol.8tL.A Kan. C.—lst,6s, 1916 long Island— let, 7s, 1898 ligig.May. 123 Oct, 11714b. 114 Jan. 120 b. Union Paciflo-lat 68, 1899 IOOI9 Ist, consol., 5a, 1931 lOOOgb. Apr. 114 b. 107 b. 111 Jan. 115 June 100%b. 78,1837-9 Land grant, Loa. & Nash.— C:on8ol., 7s, 1898 11714b, 11714b. 116 Oct. 123 Feb. 121 b. 11919b. II313 Apr. Slnklngfund, 88.1893 109 H. O. & Moliile— 1st, 6s, 1930. 114 u, 113%b. 108ie Jan. 116 Oct. Feb. llOiab. 111 b. 19 Kan.Pacltlc— l8t,68, 1895 2d, 6s, 1930 9Uiflb. 9913 96 la Jan. 100 May 11113b. 112 b. 109% Feb. Ist 68, 1896 E. H. & N.— 1st, 68, 1919 May 115 b, 11514b. 114 Feb. 1161a July 113iab. 11378b. 112% Denver Div.— 68,1899 General, 6s, 1930 lUifib, 114 b, 109% Jan. 115 110>9 101% Jan. Mcy Ist consol, 6s, 1919 Trust Bonds, 68, 1922 '22.. 100 Feb. 109 i^b IO914 106% Mar. 110% May UOis b. 110 Oregon Sh. Line -lat 6s, 10-40,68, 1924 100 >9b, 10014b, 101 June 104 Fea. 78 Jan. 82 Virginia Mid.— Gen. m., 58,1936 50-year 5s, 1937 97iab, 97isb, 991a Mar. 10238 Apr. Apr. 37 Wab. Bt.L. APac.-6en.,68, '20 37 b. 40 b. Lon. N. A. <St Ch.-lst. 68, 1910. 93 Jan. 113 >sb, IO714 Apr. 115 June Chicago Divison— 58, 1910 Consol., gold, 6s, 1916 Feb. 9414 9412 a. 87% Apr. 97 Aug. 84 Wabash— Mortgage, 78, 1909 Mem. & Ch'lston- 6s,gold, 1924 1(5 b, 105 b, 100 Jan. 10618 Oct. Apr. Tol. A Wab.— 1st, ext, 78, '90 llSijb. 11319b 107 Metro. Elevated.— Ist, 68, 1908. 116 b. 114isb. 108i« Mar. 117 May IO7I4 Apr. 113iab. IstSt L.Div..78,1889 2d, 68, 1899 106 85 Apr. 105 b. 103 Jan. 109 Oct. 2d, extended, 7s, 1893 I32I9 Mich. Central— 1st, con., 78, '02 129 b. 130 Jan. 83 126 May. Oct. Con., oonv., 7b, 1907 Consol. 58, 1902 IO7I9 May. 112 Oct. 11314b. 105>9 Apr. Great West— lat 78, 1888 MlBB'rl Pac— Ist, cons., 6s,1926 11014 a. 110 83 Mar. 107 Mar. 113i9Jau. 2d, 78, 1893 104i8 8d,78, 1900 9978 Jan. 114 b, 120isa 115 Jan. 1 20 Oct. West Shore— Guar.. 4s 104 Pac. of Mo.— Jd M., 78, 1891 100 b. I02I9 9419 Jan. 104 Jan. 108 May Wheel. A Lake E.— 1st, 5s, 1926 102 "a Note— The letter " b" Indicates prloe bid, and " a" prlos asked; all other prices and the range aie from actual sales. 92 b. 89 14 105 i«b. 104 120 b. lllij I20I3 115 105% 98 XL"VII. STOCK EXCHANGE, AND llANGE SINCE JAN. Highest. Lowett. 21J2b. 8138 10616 N. Y. jVou . ! 1 . C— . j lim 121% Apr. 111 Mar. 103 19 Feb. 110 Jan. 7314 Jan. 6414 Aug. IO6I9 Jan. 116 Jan. 50 99 132 107 Aug 112 July JiUy June Oct 136% June 13334 Oct 9338 Sept II8I3 June 133 June 118 95 14 II518 12019 II913 11338 101 106 Sept. 112i9 0ct 103»9Sei>t 1 19 119i4 IO6I9 Aug. Sept Aug. June Sept Sept Sept June 0ot May 50 76 Oct Jan. 107 14 Nov. 113 May 10414 Nov. 103 Oct 114 Oct 107 19 Oct 77i4O0t 8914 July 90 14 Oct 7713 Oct 671a Sept. 62i9 0ct 116% Nov. 90 14 Sept. 99i3 0ct 118 Feb. 117i4May 111% Nov. 108 14 June 107% Oct 52 Aug. 114% May IIO14 Jan. 108 Oct 4238 Aug. IO414 Feb. 43% Jan. 111% Jan. 112 Jan. 105% Jan. 92% Jan. 119 July 119% June 119% July 118 June 103% June 1 19 Oct 120% Sept, 120 June 98% June 8734 Oct 95 Apr. 36% Jan. 105% Aus. 87 19 116 109 May Oct Mar. Nov. 95% Aug. 45 104 Aug. Mot- 107% May 102 Got 95 Oct 1 17% June 104% Mar. 121% May 112% Jan. 112% Not. 116% Oct 113i4 0ct 110% Nov. 85 Oct 47 98% Jan. Feb. 90 Jan. 113% Nov. Ill 95 JiUy 90 Jan. Oct 113% Oct 9.1 Oct. 104S8Juna 102=8 Oct STATE BONDS. BECURITIE8. I Bid. Ask. 8ECURITIEB. Ask Bid. BECURITIE8. Bid. I A 1906 1906 1906 1900 68, 10-20 Arkansas— ea, funded. .1899-1900 78, Little Rock A Fort Smith, las Alabama Class Class B, 58 Class C, 4a 78, Memphis A 3 to 5 Little Rock, iss. 104% 105% 109 101 103 11% 12 12 Rhode Island— 68, cou.. 1893-1894 108 laiaaouri- 6s due 1889 or 1890 102 Asylum or University, due 1892 101 3% 8« South Carolina^Cs, non-fund. 1888 107 1893. 105 Brown consolidated 68 62 1892-1898 Tennes.aec— 63, old Funding 10^ 12 10 "78, Arkansas Central RR 5 1890 103% 105 Seorgla— 78, gold Lonlsiana— 78, cona..... ...... 1914 108 Stamped, 48 90% 91 Mlohiean— 7a 1890 103 1894-1895 108 1892 110 1893 110 68, loan North Carolina- 68, old JAJ 35 Funding act 1900 10 New bonds, J. A J. ...1892-1898 20 Chatham RK 6 10 Special tax. Class 1 Consolidated 4s 1910 91 1919 120 68 New York—68, loan 40 Compromise, 3-4-5-68 New settlement— 68 6a 3a '1 1 1912 72 1913 104 1913 99 71 1913 48 ViiT?inia— 68, old 69, consolidated bonds 92 6a, cuusoUdated, 2d series 12 2 tia, deferred, tru.** r<**^ 105 100 72 70 .-. 50 10 107g J J J J. November ; THE CHRONICLE. 17, 1888.] Ooot™tton«ln Seiv York 1 585 QKNERAL QUOTATIONS OV STOCKS AND BONDS. par oent value, wh'Hovor tHo p »r inijr bo; otlKiniii'ittll'iin% arefrn'iitn'iilif mt te (Mr •liare Thf^ rnlli>wln'.;abhrevtittlonni«ro often UKOd, vix.: "M.." for mi)rt({Kn; " i{.," for «i>lil: "' u'J," " aa<l.," for aadonad fo "forKaaraatoad; lor oonsolldateil ; "ooav.," for oonvorilblo ; "s.f.," for alukliiK fund; " I. it. ." for land grant. QaotaMona In Nenr York are to Tbiirsday from other olttns, to late mall datea. rnpritaoiit tlni ; Sn»>«cr«ber» will conftr »I^Tor by TThitbd Statks Bonds. VNITKD STATES BONDS. 4»t», 1891 «>««, 1891 «a, 1907 *M, 1907 6«, Currency, 1895 en, Cunmuiy, 1806 6«, Currency, 1897 6e, Currency, 1898 6a, Currency, 189S) Aak Bid. roi<..Q— M ooup.. M d— 1C7% lOiiia re«...Q-J 127% coup.. .Q—J 127% re(f....JAJ 122 glrlm notice ofnyrror ClTT BECnRmKI. <l«royT«< In th»<e Aak. Bid. Bultlmnro— 6a onnBol.,I890..Q— A 10258 103 3^ 68, Bait. O. loan, 1800. 68, Psrk. 1890 . 68, bounty, 1893 '...HAf 6a, bounty, exempt, 1893.. 8 5a, water, 1894 IIAN 6a, 1900 6a, West. Md. BR., 1002.... JAJ 58, 1918 O-M _ .MA MA ^tti-ttittlsn*. OiTT BaoumrrtM. Mllwamkar,Wl8.-WBter78,'02.JAJ Water 4a, 1906-7 JAJ Mobile, Ala.-4-Sa,runded,19O0JAJ Montgomery, Ala.— 6a 110 no 5a, new BM. 05 76 100 7»" 107 1051. NaaliTlUe. Tenn.—«a, 1007. ...Var BridgeOa, 1005 AAO 127 Newark—48, 1806 1C4 IM rcK....J&J 130 125 104 106 4«t8, 1896 reK....J4J 132% 48,1920 110 5b, 1909 115 117 STATU SKCIJKITIES, Bangor. Me.— Water, fla, 1005. JAJ M23 125 6a, 1910. Tariiai l'J3 AUbama—CIa8a"A," 3 toS, 1906.. E. A N. A. RR. 68, 1894 JAJ 108 >i 109 1» 7a, 1896 Var $116 117 01aaa"B,"5a, 1906 Bath, .Mc— 68, 1902 7b, Aqueduct. 1905 _ .. Vap 103 105 Var 132 135 01aaa"C," 4a, 1906 4'a8, 1907 JAJ 97 100 New Be<irord,Maaa.—68, 1900. AAO }130 133 10-20, 6b, 1900 J A J Belfaat, Me.—68, railroad aid, '98.. 105 107 3»«B,1910 07 100 AAOj ArkanaaB— 68, funded, 1809 .J A J Boston, Mrbb.— Water 6»,1908 .Var 131 133 N. Brunawlok.N.J.— 7b, water, 1901 108 7(, L. R. &Ft.8.l8ane,1900.A .k O Water SB, gold, 1908 Var 118 120 68,1906 Vai 103 7», Men:phlBAL.R.,1899.A & O Water4a, 1917 Vnr 107 108 New Orleana. La.— Premlnm 5b ... 138^ 138> 7a,L. R.P.B.cfeN.O., 1900.A&O Water Sija. 1917 Cona. 6b, 1923, extended.... JAJ 110>< AiO 100 1C2 7a,Miii8.0. * R.RIv.,1900.A & O Brooklyn, N. Y.— Park78, 1824.JAJ 160 163 5s, 1934. JAO 100% toil* 7a, Ark. CentralRK.,1900.A & O Bridge 7a, 1924 7a, 1895 JAJ 160 163 JAD 115 lis 78, Levee of 1871, 1900.... J A J Park Ms, 1924 150 153 N.Y. City— 78, 1900 6131 JAJ MAN 135 OaUIomla— 68, funded debt of 1873 Bridge 5a, 1919 jaj 135 138 68, 1900 MAN }122 ia« Connecttc't-New.rg.," '-ss.lOOdJAJ Bridge 48, 1926 JAJ 116 120 68, gold, 1801 JAJ 4123 128 New, rejt. or coup., 38. 1910 Water 38, 1905 JAJ too 103 58, 1903 MA.S J118 124 Dakota Ter.- ."iB. lO-20s of 1887 ... Buffalo, N.Y.— 78, 1924-5 5«,gold, 1896 MAN5IO8 IIX JAJ 140 4>«B, 10-208 of 1887 Water 58, 1893-9 104 48, 1906 AAO MAN J105 no I)l«t.Col.— Con^.3-658,1924,op.FAA Water 4s, 1904 100 SijB. 1904 5102 106 MAS MAN Oona. 3-658, 1924, reg Water3>23, 1905 88, 1907 JAJ 98 AAO 5101 104 FoadliiK 58, 1899 Water 3b, 1916 JAJ 97 Norfolk, V».-68, 1914 FAA Var Perm. Imp. 6s, Ruar., 1891 ..JAJ Canibru!go,M.i88.- Water 6b,'96. JAJ U4>s 116 83, Water, 1901 MAN 130 Perm. imp. 7a, 1891 City 6s. 1904 JAJ 110>s 5s, 1916 JAJ ilZS 128 AAO 104 Wa8h.-t'und.loan(0ong.)68,K..'92 Water 3 V, 1911 99 Norwich, Ct.— 58, 1907 Var 97 AAO Jill"* 114 Fund. loan(L<>i?.)G8,>?..1902Varl izi Charleston, 8.C.— Conv.7s,'97.AAO 107 78,1905 J.AJ ?133 137 Market stock. 78, l>i92 lid Conv. 48, 1909 Omaha, Neb.— 6j, 1891 5102% 103> 85 JAJ Water stock, 78, 1901 127 Cblcago, lU.—78, 1892-99 il15>a Orange. N. J.— 78, long 5ll6 do 128 78, 1903 68,1895 1'26 113 Patorson, N. J.— 78, 1900 Florida—Consol. gold 68 4'ss, 1900 J A J {110 113 ,10514 106 120 121 6s, 1901 Oeargia-78, gold bonds, 1890.Q— J 101 105 3-658,1902 99 102 104 4a, 1908 Cook Co. 7s, 1892 4»i8, 1915 .JAJ 108 109 110 Petersburg, Va.—6b JAJ HO 113 I»-wl«lana— New con. 78, 1914.JAJ 108 Cook Co. 58, 1899 118 108 8b JAJ Stamped 4 percent 90 Cook Co. 4'i8, 1900 il05>« 118 8s, apeclaltax '..'." Baby honils, 3b, X8S6 West Chicago 58, 1890 FAA 36 102 Phlla(felphia, Pa 68,1 898-'99 JAJ 127 Maine— 38, 1890-1929 Lincoln Park 78, 1895 AAO 104% 68, new, reg., due 1905 JAJ 135 War debts asaumed. 6s,"H9..AAO 102 Weat Park 78,1890 Pittsburg, Pa.-5s, 1913 105 JAJ 118 120 Maryland- 6s, Ho8pital,'87-9] J A.I South Park 68, 1899 103 Ts, 1912 Vai 135 6a, 1890 Cincinnati, O.— 7-308, 1902 ...JAJ ,130% 13114 Q— 121 7s, water, reg. Aop., 1898..AAO 8-658, 1897 .JAJ ... , 111 7s, 1903 ,134 >4 136 106 106 48, 1915 Var JAD M«e8aoliu8ette-58,goId, 1891..AAOa^103 i» 104H 6a, 1909 6a, Conaol., 1901 reg Vari 1221a JAJ 120 122 68, gold, 1894 JAJ5H>7's 108 68, gold, 1006 MAN,' 12298 122% Portland,Me.— 6s,RR.AId,1907MAS 5l22'« 124 eSiKold, 1897 MAS«IU 112 48, 1905 103 •ta, funded, JAJIjlOl 102 1912 Va' Mlobigan— 78, 1S90 Hamilton County 48... MAN 4104 104% Portsmouth, N.H.— 68, '93, RR..IAj!l06% IO71* Minnesota— Ad). 4Jse.l912, 10-30 Cleveland, 0.-78. 1S94 AAO JtlSHi 117 Poughkeopsie. N. Y.—ta.waterhm* jHO ...... MlBBOuri- Fund, bonds, '94-9,'>.JAJ 6a, 1900 Providence, R.I.—58,g., 1900... Jifejljllli* 112 MASl§ll8 120 Ix)ng bonds, '89-90 Ss, 1907 I'l 68,golil, 1900, water loan..J A J!>1^ JAD$1I0 112 Asylum or University, 1892. J A J 4is8, 1899 48, 1903 JAD 5105 106 JAJ 5 9714 lOi) Hew flanipshire— 58,1892 3I3S, Columbus, 97 09 JAJ Ga.— 7s gold, 1916 MAS 5 Var HO 112 War loan, da, 1892-1894 5s JAJ 101 Rahway, N. J.-01d78 35 ...... 102 Warloau, 68, 1901-1905....J A J Co^-ington. Ky.—7-30a, 1892.. FAA 5 70 82 New adjustment, 4a 111 Hew Jersey—68, 1897-1902.. ..JAJ 7-308 Waterworks, 1890.. ..AAO Jl01>s Richmond, Va.— 68, 1914 JAJ 119 120i» 68. exempt, 1896 4s. 1937, new 101 JAJ 88, 1909 JAJ I3ih 110 jAJ 5 Hew York— 68. gold, 1892 ...AAO 5a, 1920 114 58, 1921 A 1922 JAJ 109 1091» FAA 5 68, gold, 1893 Dallas, Texas— 88, 1904 98 102 AAO 110 48,1920 Ho.C>iroUna— 68,old, 1886-'98.JAJ 10s, 1893-96 Rooheatcr, N. Y.— 78, Water,1903.. 5141 40 110 115 68 N. C. KR., 1883-5 100 Water, 68, 1900 100 103 48.1912 FAA do 6« 7 coupons ofT ...AAO .58, Street Improvement, 1928.. 8t. Joseph, Mo.—68, 1903 FAA 106 110 95 100 68,fmidlngactof 1866 1900.JAJ Detroit. Mich.— 78, 1892-93-94. FAA 110 95 Comp'ml8e4B,1901 FAA 92 68, new bonds. 1892-8 3148, 1911 Var }115 117 JAJ JAD 93i« 100 St. Loula, Mo.— 68, 1899 109># 68, Chatham RR Elizabeth, N. J.— New 13,1912. JAJ 68,gold, 1894 )108 85 95 AAO 100 68, special tax,ela8S 1,1898-9A AO Evansv., Ind.— Water 6a, 1912.JAJ Var. J107 58, 1900 48, new, cons., 1910 5100 lOZ"* 58, 1912 J A J 48, 1905 JAJ 4i«s, 1912 68,1919 3-658,1907 100 120 JAJ } 99 PBnna.— 58, new,reg.,'92-1902.FAA 110 Pltchbure, Ma88.—6s.'91,W.L. JAJ 4 104i« 106 8t.L. Co.— 68,1905 AAOJ120 122>« 48, reg., 1912. ...T 100 Galvestoii, Tox.-88,1893-1909.MA8 101 4 96 119 103 St. Paul, Minn.—Is, 1912 Rhode IsI'd— 68, 1893-4, coup. J AJ 110 105 4ias, 1916 }103 58,1920 JAD 98 99 South Carolina— 68,Non-Iun<L, 1888 no Hartford, Conn.—03, 1897 Ijioo 5b, 1915 JAJ 5110 31s Brown consols 10-25yearB.4i«8, 181*0-1905. JAJ >100 iUl8i« 120 105 68, 1904. Tennessee— 68, nufunded „..15119 120 Hoboken, N. J.-7S, 189J 78 1898 AAO 109 125 Compromise bond8,3-4.5-6s, 1912 71ii 5123 Improvement 68, 1898 8s, lt97 JAD 5113 Betllement. 68. 1913.. do 58.1901 Savannah— F'd 5s, con8.1909.(i-F, 102 lOa"* 105 MAN 110 125 Bettlenjcnt, 5s, 1913.. Houston, Tex.— lOe 75 Springfield, Mass.- 68, 1905. .aAij §123 Settlement. 3a, 1913 AAO §133 135 68, funded 75 78, 1903, wator loan Xeiaa— 68, 1892 IndlanapoliB,lnd.-"D"7-3,'99.JAJ 112 Toledo,©.— 7-308,Ra,1900.MAN }116 117 MAS 7a, gold, 1892-1910 Var §115 117 6b. 1897 8b, 1893-91 MAS JAJ 106 Varans 117 78, gold, 1904 Jersey City— Water 7a, 1902... Vai US'* 68, 1899 JAJ 112 vemmntr-Gs, 1890 AAOjllO WaterOs, 1907 113 58.1913 J JAJ ' 07 95 Virginia— 69, oid, 1886-'95-..J A J Funding 68, 1909 Var. FAA 113 4s, 1913 68, new bonds, 18S6-1395..J A J 6e, 1911 Wasliington, D.C.—See Dist. of Col. 6e,con80ta, 1905. exKsoup Hudson I'ounty 58, 1905.... MAS 116 Worcester, Mass.— 68, 1892.. .AAO fl07»t 108 JAJ 6e,oonsol., 2d aeries AAO 11319 115 Hudson County, 68, 1903 58.1905 JAJ 127 JAJ AAO 102 ir4 68, deferred bouas. Trust rec HudsonCouuty 78, 1894....JAD 112 48, 1905 Sija. Taz-ree'vable coups., from cona'la City, long 1905 JAD 07 100 Bayoune 7b, JAJ 1 1 Do BONUS. Kansas City, Mo.— 88, 1896... Var 5121 123 from 10-40s. _ eonsoVudwUi Hew 38(Rlddleberger). 1932. JAJ {Bonds companies MAN 5118 64iii 7s, 1898 of 10-408, cp.A reg.,3 to5,1919.JAJ 5a, 1905 befouml under the consol'd name.) §105 38 Lawrence, MasB.—68, 1894... AAO $llO>i lllisj Ala. Gt. Southern- lat mort., 190,S olio 118 Debenture scrip, 6a, gold, 1906 i!l07 109 CITV SECVBITIES. 68.1900 AAO 51194 121 55 e 50 Ala. N. O. T. Ac. let deb. 68 Long laland City, N.Y—Wftter.7s 60 e 45 Albany. N. v.— 7a. 1910-16. ..MAN >140 Loulsvilla, Ky.-7s, 1903 2d debent. 6b, 1907 .'.Var 5116 121 I33I9 6e, 1915 to 1919 Ub'y ASuaq.— Cons. 7b, 1906, guar. 103 MAN ,Ul7 63,1897 Var Consol. murt.,dB,1906, guar.AAO 123 _4». ISi'JO to 1930 10-40S, 58, 1920 MAN J102 §104 105 MA.V 5101 Allegheny, Pa.— 58,op., '87-97. V lllegh. Vai.—Gen. M., 73-108. JAJ 115% 48. 1923 JAJ 5 95 96 100 106 ^iie, coup., 1885-1901 East. rxten. M., 7b, 1910... AAO 114 Lowell, Mass.—68, 1890, W. L.MAN 5103% 104 Var. 100 105 AAO 20 4«, coup., 1901 Income, 78. end., 1894 Lynchburg, Va.— 1901-4 J A J 110 Var. 105 Allegheny Co., 58, cp., 1913.JAJ 103 i05' Ashtabula A Pittab.— I«t. Oa, 1908 107 >i 125 88,1905 M, riot loan, 5-108 Ateh.A Pike'a Pk.— lat,68'95.MAN 101 I20i« 100 101 Lynn, Mass.- Water loan, 68,'94. JAJ &110is 111 *», riot loan, 10-208 Au>b. Top. AS. Fe-lst,78, '90 JAJ 120 Water loan, 68, '96 JAJ 5111 115 100 101 8b, Land grant,78, g., 1903 ....AAO 115% 115% do 10-208 101 MAN S113 114 102 5s, 1905 JAD 1041* 106 Sinking fund, 6a. 1911 48, refunded. 5-208. 1891-1906... lom 102 100 Macon, Ga.— 68 48. Court Jlouae, 1908, reg.. JAJ 104 Guaranteed '78, 1909 .JAJAAAO 117 119 Manchester, N.H.- -68, 1891.. JAJ. Sl07i4 108 i-i 106 oe>a AAO mort.) 00 (lat Atlanta, Ga.— 8:-, 1902 1909 117 5s, 5115 117 1902 JAJ. JAJ 120 6a, MAS 86 85i« Water 78, 1904 58. plain bonds, 1920 JAJ 115 18 48, 1911 JlOl"* 103 AAO 86 07 4i«B, 19£0 68, 1895-6 JdiJ 106 Memphis, Tenn.— Flippin 4-68.JAJ 100 101 80 68, 1914-15 Collateral Truit, 5s, 1037. ..FAA JAJ 100 101 JAJ 102 Tax Dlat.,4-68 11* 4isB, 1916 Florence A £1 l>or'ao,lBt.78. AAO 112 JAJ 102 1U3 JAJ, 100 .„_ Tax Diet, 68 Angnsta, Me.— 68, 1905, Fluid .JAJ 6118 120 K.O.TopekaAW.,lBt H.,78,g.JAJ 112 Minneapolis, Mlnn.-88, 1892.JAD 5IIO Income 7B.AAJ no 111 Angnsta, Ga.— Ta, lUOO-2 do 125 Vari 110 .JAJ 123 111 78. 1901. N.Mex.Aflo.Pac.,l8t,7a.l909A*O^llSi«,Jlf. 6«, 19U5 4I2S, 191215. .510314 103%, JAJ 109 111 ABWin. Texiia—10a .« Ark.V.,lst.7B.g..l903. •n,.b!o 11.'', 100 »116 11°** )1S-17..., 96 lB, 1 .5 JAJ rej? re?.. ..JAJ 12,'i l'.!7>« 6— MAN Q— lai" 120 125 .< iW " 1 ' . JAJ JAJ '. AAO FAA . I om AD RAILUUAD I JAJ j , I * Price u< nilnal; do late transactions. I 5 Purohasira'ao pays mm. ued Interest, e In Londo 1. t Coup .ui on slnue 18 »•, MFJ FJ THE CHROXICLE 586 GENERAL QUOTATIONS OP STOOICS . , [Vol. XLYIL AND BONDS— Co>jT[yaKD. For Explanations See Notes at Head of First Pase of tjaotatlons. Bailroad Bonds. Bid. Katlboad Bonds. Ask, Bid. Railroad Bonds. Ask. Clnn.Sand.& Clev.— 6s, 1900. .F&A MOOk 120 Consol mort., 78,1890 J&D 5.1011s Louis'a &Mo.R.,2d, 78, 1900 M&N Consol. mort., 5s, 1898 J&J }102>4 8t.i,.Jack8'v.&C.,l8t,78,'94.A&.0 Cin.&8p.— 7s, C.C;.C.& I 1901 .A&O 112 do l8tguar.(564),78,'94A&0 7s, guar., L.S.& M.S., 1901.. A&O 121 do 2dM. (360), 78, '98.. J&J 98 Cin.Wash.&B.— l8t,gu,4is»-68M&S do 2d guar.( 188) 78,'98.J&J 2d mort., 5e, 1931 J&J Oh1o.& Atlantic— l8t, 68,1920.M&N F&A 3d mort., gold. 38-48, 1931. .F&A 2d. 6s, 1923 Income 5s, 1931 (niic. B. & Q.— Cons., 78, 1903 .J&J 1321a Bait. Short L., Ist, 78, 1900. .J&J J&D 5.102 Bonds, 5s, 1895 acc.ld.gr. 6s. 1901 20 do Clearf. & Jeff.— Ist, 68, 1927 .J&J A&O Augusta & Knoxv., 78. 1900. ..J&J 110 58.1901 10218 Clev. Akron & Col.— l8t,68,1926JAJ 1913 M&N Baitamore&onio— Newls 58, debenture, A&O A&O HWij Gen. M.. g., 58, 1927 M&S Iowa Div. 5e, 1919 6s gold, 1925 F&A ios' 96 Cleve. A&O &Canton-lst, 5s. 1917.J&J Consol. gold 58, 1988 Iowa Div., 48, 1919 F&A F&A Ciev.Col.Clu.AInd — l8t7s,'99M&N Parfcerslmrg Br., 6b, 1919.. .AAO 48, Denver Div., 1922 Consol. mort., 79, 1914 J&D M&S Bclmyltiill Riv. East Side os, 1925 48, plain bonds, 1921 Cons. 8. F., 78, 1914 M&N J&J Neb. Ext., 4s, 1927 Btening, 58, 1927 J.feD Gen. con. 6s, 1934 J&J M&.s Bur. & Mo. R., I'd M., 78,'93.A&0 Sterling, 6s, 1895 Belief. & Ind. M., 78, 1899. ..J&J Bur.&Mo.(Neb.),lst,68,1918.J&J Sterling mort., 6s, g., 1902. .MAS fJlev. A Pitt8.-^t,hM.,68,1892.JAJ do Cons, 63, non-ex.. J&J do 68, g., 1910. M&N Consol. 8. F., 78, 1900 M&N Bait. & Pot'o— l8t, 6s, g., 1911 .J&J do 48, (Neb.), 1910... J&J Colorado Mid.— 1st, 6s. 1936.. J&D I8t, tunnel, 68. k., g'a, 1911. A&O do Neb.RR,l8t,7s,'96A&0 C.>e\ird'Aleno.— Ist, 68, 1916. .M&S Beeeli Creek— let.g'ld, 4s.l936.J&J do Om.& S.W.,lst,8s,J&D lOolumhia & Gr.— Ist, 68, 1916.J&J 101%', Bell's Gap— 1st, 6s, 1905 m. Grand Tr., Ist. 8s. '90... A&O FAA 2d mort., 6-1. 1926 AAO 84 BelvldereDel.— l»t,68,o.,1902.J&I> Dixon Peo.&H., 1st, 8s,1889. J&J 93 90 Col. A Cin. Mid.— Ist, 68, 1914. .I&J Cons. 4s, 1927 Ott. Osw. & Fox R., 88, 1900. J&J F&A Columbus Hooking Valley &T.— B )eton & Alliany—78, 1 892 ... F&A Qulnoy& Wars' w, lst,8s, '90.J&J 80 Con. 5s. 1931 M&S 79 68,1895 Atch'n & Neb.— l8t, 78,1907 M&S J&J Gen. 68 gold, 1904 JAD 84I4 86 B )8t. Cono.& Mon.—8.F.,6s,'89.J&J Chic. Burl. & Nor.— 5s, 1926 Col. AHook.V.— l8tM.,7a,'97.AAO SlOfl Oonsol. mort., 78, 1893 Debenr. 6s, 1896 J&D A&O do 2d M., 78, 1892. J&J 6102 i04% Consol. moit.,6s, 1893 Chic. & Can. So.- Ist, 78, 1902 AAC A&O SllSia Col. & Toledo— 1st mort. bonds Bost.H.Tun.&W. deb. 58, 1913 M&S Chic Kan. & West'n.— .st, 58, 1926 JlU2 do BoBton&Lowell— 78, '92 2d mort Income 68 A&O OhloAW.Va.,lst,8.f.,78,ll)l0MAN 111 68, 1896 Chio.& East 111.— 1st mort. 6s, 1907 J&J sico Col. Springf.AC.-l.st. 6s, 1899 bonds, 1907 78,1901. MA Income J&J 107 Col. A Riime.— Ist, 69, KU.Ceiit. G t. 106 48, 1905 1st, con., 6s. gold, 1934 A&O M&S 4i«8, 1903 108 110 Col. West.— A Ist, guar Cent. Ga. Gen. con., Ist, 58, 1937 68. M&N M&N 107 li Col. A Xenia^lat M.', 78,1390.MA» Boston & Maine— 78, 1893 C!hic. & Gr. Trunk— Ist mort., 1900 J.W 102 14 Coun. APas8ump.— M.,7s,'93.AAO S 11 6 is 111 78, 1894 Chic. &Gt.W.- 1st, g..58,1930.J&D J&JI Massawippi, g., 6s, gold, '89 J&J SlOu 100>4 Boat. & Providence— 78, 1893. J&J Ch.&Ind.CoalR'y,lst5s, 1936 J&i 1031a 35 Conn. West.- 1st M., Ts, 1900. J&J 5 32 Bo8t.& Revere B'li— let,6s.'97. J&J Chic. & Mich. L. 8. Ist 8s, 1889.... Bradford Boid. & K.— Ist, 6s, 1932 Connecting (Phila.)— Ist, 6s ..M&S 117 Chic. Mil. & St. Paul— 8313 34 Bradf.Eld.A Cuba— l8t.68.1932J&J P. du C. Div., 1st, 88, 1898. F&A 1271s Consol. RK.of Vt., Ist, .5s, 1913.J&J 5 Cor. Cow. & Ant.— Ueb.ds, '98.MAN Brooklyn Ele.— Ist, 68, 1923. .AAO P. D.,2d M., 7 3-108,1898. .F&A i02is 2d mortg. 3-58, 1915 Cuiub. A Penn.— I8t6s,'91 MAS 1st, $, gold, 7s, 1902 J&J J&J B'klyn & Montk.— l8t,58,1911.M&S ^l09 Cumoerl.Val.- l8tM..8a,1904.AAO La. C, IstM., 78.1893 J&J Zdnioit., .'is, ly38 Dayton & Mich.— Consol. 5a JcfeJ 510514 106 J&D i-103 I. &M., Ist M., 78,1897 J&J Bruns. & West, Ist, 4s, 1938. .J&JI Dayt. & West.- l8tM.,6a, 1905.J&J 411i> I'a. & Dak., Ist M., 7s, 1899. J&J Butt. Brad.& P.— yen.M.78,'96. J&J 101 Ist mort., 78, 1905 J&J 1171a Hast. & Dak., Ist M.,78, 1910.J&J Bnfi.N.Y.&Erie— Ist, 78, 191G.J.tD 136 do lOOis Delaware Mort., 68. guar., '95. J&J 117 5», 1910 J&J Biiff.Roch. & Pittel).— Gen.Ss, 1937 Del. & Bound B'k— l8t,7»,1905FAA 132 100 Chlo. & Mil., 1st M.,78, 1903.J&J 111 Bafl.& South west.— 6s, 1908. .J.&J Del.Lack.& W.- Conv.78,1892 J&D 112 87 Ist mort., consol.. 7«, 1905. .J&J i2d Bor.C.R.&N.— l8t.5s,new,'06.J&D 95 Mort. 7s. 1907 M&S 138 142 1st M., I. & D. Ext., 7s, 1908J&J Oons.lst&col. tr., 58,1934. A&O 85 Ist M.,08, S'thwest Div.l909J&J iV5" Den. &R. G. Ist 78,goId,1900.M&N 118% 120 >• Iowa C. & W l8t, 78, 1909 M&8 Ist con. 4s, 1936 J&J 77% 78 lOlis 1st M., 5s. La C. & Dav.l919J&J 861a C. Kap.I.F.& N.,lst,68, 1920. A&O Inipr., g., 59. 1928 J&D 106 80. Minn. 1st 6s, 1910 iis" J&J 81 do 1st, 58, 1921. ...A&O Denv.&RioG.W.— l8t,09,l01lM&8 78 Chic. & Pac. Div. 6s, 1910 .. .J&J 122 70 68% OalUor. Pac— l8tM.,4>s8,g.. .J&J do assented 110 do West Div., 58,1921. J&J 104 »s 78 75 2d M.. 68, g.,eud C. Pac. '91.J&J Denv.S.P.& Pac— lat,7s. 1905 MAN 109 Chic. & Mo. Riv. 58, 1926. ...J&J 100 86 8d M. (guar. C. P.), 68, 1905. J&J Mineral Pt. Div., 58, 1910... J&J 103 lom De8M.& Ft.D.-Guar.ls. 1905. JAJ 56 do Ist mort., guar., 2iss, 1905 J&J 38, 1905. J&J Chlo. A L. Sup. Div., 5s, 1921J&J „ do 102% 83 Cal. So.- 1st 68 (Atch. guar). .J&J IsC mort., guar. 48, on extension. 110 Wis. &Minn.Div.,5s, 1921. ..J&J Income 68, 19.:6 Det.&B.C.l8t,8s,en.M.C.1902.MAN M&S 63% Terniinla 5s, 1914 J&J 107' 108 Camrten & Atl.— lst,7s,g.,'93..J&J Det. IJ. Alp..lst,6s.l9l3 JAJ C. A Dubuque Div., Ist. 6s, 1920.J&J 2d mort., Os, 1904 Det.G.Haven&Mil.— Eqiilp.6s,191H ell4 117 A&O Wis. Val. Div., Ist, 6r, 1920. J&J 117 ell4 Cons. 68, 1911 Con.M., Fargo&South.- 68.a8s.1924.JAJ 5% till '84, after6*..1918 J&J 118 Canada So.— Ist M.,guar.,1908,J&J 106>« Dei. L. & North.— 1st, 7s, 1907. J&J §117 Inc. conv. sin. fund 5s, 1916 J&,T 34 30 2d mort., 5s, 1913 Det. Mack.A M.— Ld. )?r. 3is9, 8. A. 921* M&S Dak. & Gt. So. 58, 1916 J&J OBpeFear&Yad.Val.,lst,68,1916.. 100 "s 101 Dub. A Dak.— IstM. ,68, 1919. JAJ (Mo.A Northw.-Con. 78,1915.0— 144 lUia CaroUnaC«nt.— l8t,68,g.,1920.J&J 108 Consol., gold. 78, cp., 1902.. J&D 1321s Diib.AS. City— lst,2dDiv.,'94. JAJ 97i« 2d, inc., 6e, 1915 IJuUith A Iron R.— l8t,5s,1937. A&O A&O Sinking fund, 68, 1929 A&O 92ifl 8d, Inc., 68, 1910 D Uiuh 8. Sh. A Atl.—59,1937.JA J 87 do 58,1929 A&O Oatawlssa-Mort., 7s, 1900.. ..F&A 121 Dunk.A. V.& P.— l8t,78,g..l900JAD 110 debent., 58,1933.M&N do 123lt Cedar F. & Min.— ist, 78, 1907. J,S»i E.Tenn. Va.A Ga.— 1st, 7s,1900 J&J 60 Exten. bds. 48, 1886-1926.. .FAA 70 Cedar R. & Mo.-l«t, 78, '91. F&A 105 J&J 108 Divisional, 58, 1930 IO514 25-yr8. deb. Ss, 19o9 MAN Ist mort., 78, lyl6 J&J 92 Escan.AL.Sup., Ist, 68, 1901.J&J M&N il32 133 Ala. Cent., Ist, 68, 1918 IO314 2d mort., 78, 1909, quar J&L) .118 119 Des M.& Miuu's,l8t,7s,1907.F,tA E. Tenn. V. AGa.B'y.— l8t,.58,19.i6. "92 93 Cent. Br.U. Pac.,l8t8,68,'95.M&N lOSifl J&D Iowa Mid., Ist M., 88, 1900. A&O Ist Ext., gold, 5s, 1937 Fund, coupon 78, 1895 9378 91<% MAN 103 Peninsula, Ist, oouv.,7s,'98.M&S Mobile A Birm., Ist, 59,1937.JAJ Atch.& Pike's Pk, Ist. 68, g. M&N 104 Chic. & Mil., Ist M., 7s, '9a..JAJ East. & W. Ry., Ala. -Ist, 68, 1926 12414 Atch.Col.&Pac.,l8t,(is,1905Q.— 103 104 Mil. & Mad., 1st, 6s, 1905. .M.&S. Eastern, .Mass.- 68, s.,1906. ..M&s Atch.J.Co.&W.,l8t.,6s,1905.Q,— Madison Ext., Ist, 7s, 1911. A&O Easton & Ainl)oy-M.,5s.l920M&N U4 i'ooij Cent, of Ga.— Ist. cons., 78, '93. J&J 108 Menominee Ext.,l9t,7«,191 IJ&D 110 Elizab.Lex.A Big 8.— 68. 1902. MAd 100 Collat'l trust 58, li37 M&N 99 Northwest.Un., l8t,7.s, 1917. M&3 ElmiraAW'mspt— Ist 6s,1910.J&J 123 Cent. Iowa— New 1st., 7s '99. J&J 81 82 WlnonaASt.Pet.— 2d78,1907MAN Erie & Pittsb.— 2d, now l8t,'dO.J&.I 51UO Inc. bonds," debt certs.", 78,A&0 .I&J ^111 B 15 Ott. C. F. & St. P., ns, 1909. -MAS Cons. inort„78, 1898 Eastern Div., 1st, tis, 1912. .A&O A&O 5101 108 62 North. Ills., 1st, 5s, 191(i....M&8 Equipment. 78, 1900. Ills. Div., Ist, 68, 1912 A&O Chic. & Tomah.— lst,68.'05.M&N EurekiiSpr.- Ist, 68,gold,1933F&A 117 Cons., gold, 68, 1924 J&D Chic.R.I.& Pac— 68,1917,coup J«J I33I2 Evans.&lud.— I9t,guar.,g.,6,9,l921 103 10 Cent. RK. of N.J.— 1st, 7s, '90.P&A 1051s 106 J&J Exten. & col. 58. 1934 Ist, con., 1926 J&J 107 Gen. mort., 58, 1987 J&J 10.ii59 106 Chic.&S.W..l8t,7s,guar.,'99..MAN Evans.& T.H.,l8t con.,6s,1921,J&J 116 7s, conv,, 1902 AAO 109 M&N 12OI3 Chic. & St.Louis- IstGs, 1915,M&9 Mt. Vernou— Ist, 6s i20ii Oonsol. M., 7s, 1899 Q— 1201s 121 Cliic Santa Fe & Cal.-lat, 5s.l93; Evansv.T.H.&Chi.— 1st, 68, g.M&N lolia 101 103% Conv. deben. 6s, 1908 M&N 103i« A&O 6103 104 Chic. St. L. &P.— Ist, 5s, 1932. A&O Fitchbura— 58, 1899 971a Am. Dk.& Imp. Co., 58,1 921. J&J §l03is A&O 10814 Chic. & Gt. East., Ist, 78, 93-95. 58, 1900-01-02 108 tieli.& Wll.— uon. 78,g.,1900,a88.Q >a A&O 51O8I4 1081* 120 C0I.& lud. C, 1st M.,78, 1904.J&J 6s, 1897 Cent. OUio— Ist M., 68, 1890.. M&S 1031s A&O i^l 8 do 2d .M.78,1904.M&N 78, 1894 Cent. Pac— Ist, 68, gold, 1895 .J&J 115 Un.A Logansp..l8t,78, 1905.AAO Flint A P. Marq.— M. 68,1920. AAO 12 J 121 1st, 6s, KoUl, 1896 J&J 115 Cin. A Cmic. A. L., 188()-'90 Pt. Madison A N. W., 1st 7s, g.,190.T 1st, 6e, gold, 1897 92141 92* J&) 115 Ist, 6,s, 1921 Chi. St P.& K.C.-lst, e, 5.i,\gl6J&I Ft.Wortb A Douv. 123 iBt, 68, gold, 1898 J&J II512 Cluc.St.P..Miu.&Om.— Con. os. 1930 Freiu't Elk'uA Mo.V.— 6s,1933AaO 123 8.Joainiln,l6tM.,6s,g.l900.A&0 il;V Unstamped.. do Cli.St.P.& Minn. l8t,68,1918-M&N 124 1« do Cal. & Oregon, series R, 68, 1892 102 North Wise, Ist 6s, 1930 l&J Gal. H.ir.&San Anf.— l8t,6a,g. 1910. C»l.& Or. C.P.bonds, 6s,g. ,'92 J &J el05 124" JAU 107 Bt. Paul&S.Clty, Ist 68, 1919.A&0 2d mort.. 79. 1905 Land grant M., (is, g., 1890. A&O 101 1021a Cliic.& W.lnd.—S.fd. O9, 1919 M&N West.JJiv. iHt, 5s, 1931. ...M&N Mortgago bonds, 6s, 1836. ..A&O 103 Generalmort., 68, 1932 do 2d, 6s, 1931.. .J&l Q— West. Pacit., 1st, 6s, g., '99.. J&J 113% A&O Chlo. & W. Mich. 58, 1921. ...J&D 95 Is Gal.Hou.s.& Hen.— lst,58 Oharl'te Col.&A.— (Jous.,78,'95.J&J 110 J&J 112 Cin. Ham. &Dayt.— Consol.os A&O Georgia— 78, 1883-90 105 2d mort., 7s, 1910 A&O ll0>s J&.I Consol. mort., 78, 1905 A&O 6s, 1910 125 Oiies. & Ohio— Pur. monev fd.,1898 112 Consol. mort., 6s, 1905 II2I4 Georgia Pacitlc-lst. 6s. 1922. J&J A&O Series A, 1908, coupons off .A&O 115 Cin. H. & 1., Ist M., "8, 1903.J&J IIOI4 Coii. 2d moit., 59, g 1923... A&O 68, gold, ser. B., rearg. certa.M&N 76% Cin. A ludianap., l«t., 78, '92. .J AD Con. iiioomii, 5,H, g., 1923 ..A&O Exten. 48, 1986, reoig. ct^ ..M&N 7714 77% 2d M..78, 1892 ..J&.I 107 14 Gr.Rap. & Ind.— Isi, l.g., g'<l, 7s, g. 68, currency, int. def.. 1918.. J&J 31% Indianapolis (;. &L., 7sol '97.. .. 1st M.,78, l.g.,gold,not guar. A&O 6s, 1911, coupons off A&O 115 Cin. I. St. L. & Chic— Con. 68. 1920 ibris Ex land grant, 1st 78, '99 Ches. O.&b.W.— M. 5-68, 1911. F&A 106111 107 M&8 Ist gold 4s, 1936 Consol. 59, 1924 Q— 2d mort., 68, 1911 v:...F&A 73 Cin.Jack.«Mao.-l8t,5s,1936 J&U Gr.B'y W.&St. P.— l8t,68, 191 1. F.& A Cheshire— 68, 1896-98 J&J 5107 103 Cin. Van W. & Minn. - l8t,6«,l901 2d, incomes, 1911 Chic. & Alton— Ist M., 7s, '93.. J&J 113 78,1909 J&J do 2d income, 6,1, 1930 1st, 78,1 & 3. Fe— Ist, Julf Col. &3. 25 , Sterling mort., 6s, g., 1903.. J&J «123 AAO 125 Bin. Laf.&Ch.— 1st, 78,g., 1901. M&S ....»* 2d, 6s, gold, 1923 Bds. Kan. C. line,68,g., 1903. M&N 122 19H..M&.Cin. Lei). & Nor.— Ist lu. 58 100 lirtan. ASt.Jo.-Con. 68. 191 J&J Miss.Riv. Bridge, l8t.,8.f.,68,1912 1C16 10714 Cin. Rich. AChlc— 1st, 78, '95.JAJ llHatTis. P. .Mt. J. & U— Ist, 4s.. 1913 Loni8'a& Mo.K.,lst,7a,1900F&A 122 125 1903 Tin. Rtcli. & F. W.— 1st. 78, g.. J&D H*rt. & <ionn. Wivit.- .'is Atch. Top. & S. Fe— (Continued)— Sonora, let, Ts. 1910, guar.. J<SiJ § 95 Wichlta&8.W.,lBt,7s,g.,gua..l902 ^110»s Atlanta &, Charlotte Air L.— Ist.Ts 1221s 101 Income, 68 AtlantloA Pac.-lst 49, 1937. .J&J go's W. Incomes, 1910 J&J ZO'e Central Division, old tig 95 do incomes, 1922. 15 Chicago & Alton— (Continued)— , . C . . i — ' , . . 1 , < , C— , , — . * Price nominal; no late transaotlons. § furcliaaer also pays accrued literest. e In London. yOouponott. » In A,usti)rdam. I MJJ NOVKMBEK - ' . For BKpl»natlon« See Railroad Bonds. Bid. Ask Honsntnnio— Cons. 5it, 1937. .MAN lO^% 106 55 HCBt-K.* W. Tex.— l«t.7ii.'98.MAN 2d, 69, 1913 JAJ B.A Tflx.Oii— Int ni.,7R,Ktiar.l891 134 We«t. Dlv.. Ut, 7n. K., 1891.. JAJ 124 W.,lBt,7«,ir.,1908J&J Cton«. mort., H«,1912,Tr. rec.AAO Qon. mort. ti.s, 1921, Tr. Hniit. .Vt Br.Top-l8t, 78, 2(1 mort., 7(1, «., 1895 reo.AAO M JAJ JAJ 1951 1951 8-2 < 98 "a FAA 113>i el05 8t«rllnK,Kon.M.,69,K.. 1895. AAO «1(9 Bterlinit. 58.1905 JAD «108 ;i<D«, AAO Col. tr., gold. 4n, 1952 Ml.lillo iJlv. reif. 59, 1921... BterlliiK, 8. F., 59. g., 1903. .AAO Ohlc.St.AN.O.— l8t con. 7s, 1897 2d. 6«. 1907 JAl) Ten. Hen, 78, 1897 MAN 68, 1951, KOld JAD 117 118 117 Ind. Bl. A W.— l»t, pf.,78, 1900JAJ l8t mort., 5-6, 1909.Tr. recAAO 2rt mort., .'S-fi, 1909, Tr. reo.AAO Incouio, 1921, Tr. reo E««t. 1)1 v., 69,1921. Tr.reo... JAD Ind. D. A W.— Oold,5s,1917...AAO 2dm 1948 JAJ Ind. Deo.ASp.— l9t,78.1906.A*0 Inrt'pollsASt.L— l8t,78,1919.V»r. Ind'apollsAVln.— l8t,7s,l»08.FAA 2d mort.. 69, tt., Kuar.. 1900.MAN Int. A (ft. North.— lst,68,1919.MAN Coup. 6«, 1909 MAS Ionia A Inc. 118 93 >« 100 107 111 110 121 Railroad Bonds. Bid. Maine Centrnl-(0(mtlnaed)— Parti, A K..Cona. M., 0«, 'UB.AAO 4107 i>eb«nture. 68, 10-'.;0 FAA (104 Man.Heach Inip.,lliii..7s.ti>0<>.M.%9 Manitoba fl. VV. Col. I{ 92>t 94 90 .'is, 99 sHl2 II 115 103 10214 lowaCityAWest.— lst..7s,1909MA8l .... C— 78, JAJ 120 JAJ 120 extended l8tc(m8ol. 7s, 191.'. l8t.0(>n8..Tenii. lien, 7r,191& JAJ Gold, 08, 1024 JAJ M^trop'n Elev.— l8t,6n, 1908. JA.I 2d 69, 1899 MAN Mexican Cent.— Ist, 48, 1911. .JAJ Bond . mort lat 6», JAD 1927 2d M.,8er. A,lne.,69.1917...MA8 2d M., Ser. B. In(!.,«a.l917.. April Mich. Cent.—<'on80l.,78, 1902.MAN Consol. .58, 1902 MAN l8t M. on Air Line, 88, 1890. JAJ Air Line, 1st M., 8s, guar. . . 20 106 121 105 Ask. 100 106 OS 101 63<a MAN MAS 6», 1909 5b, coup., N.T.Ont.AW.-Ist,c.,(ls,I0I4M*« 100 >t ff. Y.A.N.Bdr —1st St., 7s, lOOIUAJ 104 IstM., 6s, 1905 JAJ 07 2d ni.,«s, 1902 FAA 04 'ilit Os (Boaled to 3s) FAA 126 N.Y.P».AO.-l«t. Ino.,aoa.7s,1003 12a do prior llnn.lnfl.ao. A^,'05 Equip. Trust., 58,1908 MAN 3d mart. Inc.. 3d mort. Ino Leased L. rental 63% 1931 MAS lllii Ka1amazonA8.II..1st,88,'90.MAN U>3 J.L.ASag.North Ext.,88,'90.M.tN do Cona.lat.\I.,88,'91.MA8 ubs' ibsia do 68,1891 MAS 104 Jollet A N.Ind.,l8t,78 (guar.M.C.) 120 Mldd. Un. A Wat. Gap— lat mort.. 98 101 75 2d mort. 58, quar. N.Y. 8. A W. 80 Mil.L.8h.AWe«t.— lat68,1921.MAN 118>a Conv. deb. 58, 1907 90 FAA 88 Mieli. Div., 1st, 6a, 1924 JAJ 1U>« 1121a Ashland Dlv., Ist 6s, 1923.. MAS 112 90 l8t, Incomes 921a 96 100 St. P. E. A Gr. Tr'k, let, guar.. 68. Mil. A No.— Ist, 6s, 1910.. JAD 109 1st, 6s, on extenabm 1913. .JAD 107 »a . . W ' ' ' — , , ominal; no late transaction 4. • e .I"* trust, per deb. 4* s 86 West. ext. oertlfs, 8s, 1876.. JAJ e 53 do do 7s, Koar. Erie e 53 N.Y. Phil. Nor.- Ist, 1923 ..JAJ 106 Income 69, 1933 49 N.Y.8u9q. W.-Deh. Os, '97.FAA lat refund., Ss, 1937 JAJ 941* 2dmort.. 4ias, 1937 72 67 A 19% 20 AAO §102 103 A § 98H 99 44 46 FAA 100 Mldl'd oi N. J.-lst,68,1910.AAO 64 1« 65 >s Norfolk A Western20 22 General mort., 68, 1931 MAN 130 New River lat 6b, 1932 AAO 111 Impr. A Exten., 68, 1934. ...FAA §104>a 104% AdJiHtnient 7s, 1924 Q.— M. ^103 la 104 Erjuipment, 5b, 1908 JAD C(mv. deb., 6a, 1894 JAJ A 8. l8t,78,l9l7.AAO;5l30 130 14 Jaoksonv, s. E.— Ist, 89,lill0. .JAJ 117 Gen. mort.. 68, 1912 JAJ 100 Ch. F.& St.L.,lst,58.(r.,1928..MA« 92 "s 94 Ljtcli'ld C.A W., l8t, 68,19 1 6. JAJ 97 "s 98 LooUville A St. L., 59, 1927. AAO 100 Jefferson— l8t mort., 78, 1889. JAjl idiii Jell. Mad.Atnd.— l8t,78,1906.AAO iUi. 115 2d mort., 79. 1910 JAJ;H18 120 Junction iPhtl.)— Ist,4'fl8.1907 JAJ Kanawha A O.— Ist ds. 1936 J.Aj| 70 Kan. C. Cllnfn A SiirinKtleld- l8,5s 97"9 981a Mlnn'p. ASt.L.— IstM.. 1927. JAD 951a 971a K.C.Ft.ScottA G.—lst,7H, 1908 JAD 116 90 Ist M., Iowa CityA 1909.JAD 85 1161s Fleas. Hill.feDe Soto, Ist, 78, 1907 120 2d mort., 78. 1891 JAJ 60 122 Kansas C. Lawr. A 80. Ist, 68. 1909 1)3 114 82 Southwest. Ext.,l8t,7s,1910.JAD Kan. C. M. A B.-lst, 5s, 1927. MAS 93 14 93I2 PaclBo Ext., Ist, 68, 1921.. AAO 93 Kau.C.A Omaha— l8t,59,l»27 JAJ Imp. AEqulp. 6s, 1922 JAJ 53 90 K.O.St.Jos.AC.B.- M.7a,1907. JAJ 126 li 1201a Mlnn'p. A Pac., lat, 5s, 1936. .JAJ « 97 99 K,C.F.8ii.AMem.-l9t,68,1928.MAN 111% 112 92 Minn. 8. Ste. M. & AtL-l8t,5a,lii26 Kan.C.\V.v.&N.W.-lBt58.193'J.JAJ 9< 100 Minn. A N. W.— Ist, 5a, 1934.. JAJ 95 Ken. Cent. Ky.— Gold 4s, 1987.JAJ 73 Miss.ATenn. IstM., 88, series "A" 120 74 KeokukADes M.— l8t.59,s:uar.AAO 88, 8erie8"B" JAJ 110 105 Kin.i^s. A Pemh.— Ist. 6«, 1912. JAJ 105 91% Mo.K. A Tex.(;on8.78.. 1904-6. FAA 91 Knoiv. A Ohio Ist. 6s, 1925...JA,I 103 104 64 Consolidated 6a. 1920 JAD 63 Lake E.A West.- lst,g.,58,1937JAJ 106 Consolidated 5s, 1920 60 JAD 69 Lake Shore A Mich. 80.— 93 99 Ist, 68. g., 1899. (U. P. S. Br.)JAJ CI. P. A Ash., new 78, 1892.. AAO UOJe 111 Han. AC. Mo.,lst 7s, g.,'90.MAN 1061a Bnfl. A E., new bda, M.,7s.'98.AAO 120 llOiai Mo. Pac— C(m80l. 6a, 1920...M.lrN Det.Mon.A rol.,l8t,78,1906-FAA 126 Pao. ofMo.,2d 78,1891 JAJ lOd 107 Kalamazoo Al.AOr.R.,lst,88.JAJ Istext. g. 4a, 1938 FAA 97% 98 Kal.A Wh. Plseon.nit.78.'90..JAJ 103 !« 101 6s, 98 B.. 1st 1893 AAO Car. g. Dividend bonds, 78. 1899. ..AAO 121I9 120 3d mortgage, 78,1906 MAN 100 L.B.A M.S., cons., cp.,l8t,7s.JiS£j 128 .58, 1917 Tru.at, ifobl, MAS 129 do oon8.,res.,lst,78,1900.Q— 102 126 Verd. V.Ind.it W.,l8t,58,l926MAS do eon8.,cp.,2d,78,1903..JAD 126 14 126\ Leroy A C. Val., lai,5a,1926.JAJ do cons., rcc..2d, 78.1903. JAD I26I4 126% MoblleAO.— l8t,g'd,68, 1927.JA!) 113 114i« MahonUiK I'oal RR. Ist, 5»..JAJ 106i« Collateral trust 6a. 1892 ....JjeJ 102 Lawrence— Ist mort., 7s.l895.FAA 48 Gen mort.. 48, 1938 .MAS Lebigh Val.— Ist. 69, 1898. ...JAD 122 1st extension 68, 1927 Q— 103 2d mort., 78, 1910 56 54 MAS 1st preferred debentures 140 Gen. M., 8. f.,68, i?..1923....J,feD 131>a 135 72 8t.L.A Cairo— 48, guar.. 1931.JAJ L. Miami— Renewal 58,1912.. MAN ^112 Morg'n'B La.ATex.,lst,68,1920JAJ L.RocRAFt.S.- l8t,l.i;r..78'95.JAJ 105 106 120 118 mort., 7s, 1918 let AAO Little Koek A .Mempli 8-New 58.. Monis A Essex— Ist, 7b, 1914 MAN 142 H 72 Lent? Island- Ist .M.. 79, 1898.MAN 120 FAA IOJI4 108 ae 2d mort, 78, 1891 Istoonsol. .5a, 1931 Q— 114 115 Bonds, 78, 1900 JAJ 124 126 Gen. M. 48, 19a8 JAD 94 94 >4 General mort., 78, 1901 AAO 1251a Hewtown A Fl., Ist, 78, 1891 Consol. mort., 7s, 1915 JAD 141»8 143 N.Y.AR'yH'rh, stg.!i8,1927..MAS 103 Nashua A Lowell-Os, g., '93. FAA U06 106 >« 2d mort. ine., 1927 105 105 Is S 28 58, 1900 N.Y.A Man. Beach. lst78.'97,JAJ Naahv.Ch.A St. L.— Ist, 78,1913 JAJ 1291a 130% N. Y. B. A .\I. B..l»t con. 58, 1935 JA,1 10.S% 2d mort., 68, 1901 102 Loa'v.C.A Lex.— l8t,78,'97 JAJ(eT) 112 113 Consolidated gold .'is, 1928. .AAO 98 981a 2d mort., 7s, 1907 AAO 118 119 Nashv.A Deeatur— l8t,7B,1900.JAJ Lou'v.Ev.A St.I.,— l8t.68.1926.AAO ilU5l8 105% Natchez Jack. A Col.— Ist, 78, 1910 2d mort.. 2-68, 1938 100 AAO 54 55 New'kS'aetAS.-1st. 7«, g..'89.MAN Louis. A Nash.— (;on8. 1st, 79, 189S 11738 118 104 1« N. J. Jatiotlon, Ist, 48, 1986.. FA A Cecllian Br., 79, 1907 100 MAS 107 1« N. J. A N.Y.-lat, 88, 1910. ..M.tS Louis. Uin. A Lex., 68. 1931. MAN 109 110 N. J. Southern— 1st M.,new 6s.Jc'kJ Mem. A 0.,8tl., M.,78, k.,1901JA11 el2<J 123 102 N. O. A (Jnlf.— Ist. 6», 1926. ..MAN elOO M.AClark8V..8t'K,69,K., 1902 FAA el 14 N. O. ANorlheait.— Prior 1.68. 191,'i 116 K. O. A Mobile. Ist t>8, 1930. JAJ 113i« 115 N.Y.A Can.-£M., 6a. g.,1904..MAN «il5 117" do 2(1, 68, 1930. ...JAJ N.Y.C.A Hud Riv.— Ext'dos. MA.V 1031a 1051* 991s 100 Pensacola Div.,l8t,68,1920..MA8 100 J,&J 13U>a Mort., 78, coup., 1903 8tLoul8Dlv..lst, 6s, 1921..MAS 114 Debenture Sa, 1904 MAS 110>a 111 116 do 127 2d., 3s.,1980.MAS 60 Sterling mort., 6s, g., 1903. ..JAJ el 25 Hash. A Dec., let 7s, 1900... JAJ 121ii 92 N.Y.Chic.A 8t.L.-Ncw l8t,48,1937 E. H. A N., lat 6s, 1919 JAD 114 N. Y. Elevated.— 1st M., 1906.JAJ 117i« 117>« Gen 1 mort., 6a, 1930 40 JAD 1141a 115>9 N. Y. A Greenw'd L-lBt M. Inc. 68 36 8o.ANo.Ala., 8. F. 68,1910AAO 107s 10 8 2d mortgage ineome Trupt; bonds, 68, 1922 Q— 1091a N.Y.AHarlem— 7s,ooup.,1900.MAN 130 <4 Ten-fortvGa. 1921 W.— l8t,68, vi Laok.A 1921. JAJ 100 ]3mi MAN N.Y. 50-year gold. Sa, 1937 FAA 111% 112<it MAN 9718 9-)ie 2nd, 5s. guar., 1923 Col. tr, g.ild, 58, 19il MAN 92 N. Y. Lake Erie A Western Pensa. AAtl.— l8t,t;8,KH,'21.FAA MAN 117 97 "98 iBt mort 79, 1897, ext L'sv.N.A.AChic- l8t,6a,1910. JifcJ 2d mort. exteu.. .5b, 1919 ...MAS 118 116 Cton. mort. 6a, 1916 MAS 103 112 9lis 3d mort. ex. 4ias, 1923 AAO Ind'ap. Div.,68 gold, 1911. .%£A 117 4th mort., ext., 58, 1930.. ..AAO 116 L Jl«v.N.O. JiTex.- Ist, 4s, 1 931MAS JAD 102% 104 5tb mort., ext., 48, 1038 2d mort., ha, ly34 7s, 136>« M., g.. 1920 135 HAS MAS Ist oons. Maine Cont.-.Mort. 78, 1898. ..JAJ JAD 100 luO>a New 2d eons. 6a. 1909 120 isixten. bonds, 68, g., 1900.. .AAO MAN 92'" Collateral Tr. 6a. 1922 112 Oons. 78, 1912 JAD Fund. 5s. 1909 AAO 133 ndrmcog. A Ken., 68,1890 1st oonj. fund eoup.,7B,1920 MAS 131 >« 134 103 Lc"d9 A FarmVfn. Bs. 1896.JA.I 105 Reorganlzat'n lat lien. 6b. 1908 110 . N.Y. A North. - Ut g..K1037. AAO 2d gold la. 1027 JAD N. Y. N. M. A H.lslr.4s,t003.JAI> 1(j6 115% 104% 1) Railroad Bonds. Lake K. A West.— (Oonlllt'd) Gold Inrome bonds, 6s, 1077 Long Ddok mort.,7s, l80a..JAD do eon. «., «s, 1035 ..A*0 ». Y. 66 Borlp..; Debenture IO9, 1890-9.5 AAO Bortp 10a, 1889 JAJ Hexl(!an Nat.— lat, 68, Trust rec. New 23 '92>i 2d mort., 597 AND UO.VUS— 'JoNrittreo. Inoomos, 1911 123 "0 (-aiisln)?— I8t89, '89. ..J&J[5lw2>e 104 I'a Fulls , of rirat rece of <|«ola(laa«. Marietta MIn.—iRt, (; v i ... 112>* M«r'taAN.Oa.-l«t,«-. 100 Consol. lste«, 1987 69 J.vj 108 Hani'tt(« Ho.A O.— Mar.AO.,8i, '02 too 105 >4 107 114 68,1908 103 69, 1923 (extnuRlon) 104 >i JAD 96 114!^ 116's 69, 1925 (Mary. A Wo«t.).. JAD esia 104^ I0tii« M<Muph.,V Chttri.-lat,7«, 1915.JAJ 120 'OCAAO FAA AAO iHt, K'old.lH, Sottia at flead 105>f ConN. M. 511,1895 niln(ils('i'iit.-lHtChl.A8pr.'98JAJ Gold, ~ FJ THE (HRONICLE. 17, 1888. aBNBllA.L QUOTATIONS OF HI'OOKS WaooAN. H J ^puiohaaer also pays accrued InteresU 58 1 604 106>« 03 i 113 Via'i 116 110 117% — 109 ^...* 94, 061 Clinch V. D.,lBtequp.5B,19.57.... Norf'k A Pet«r8b.,2(I,8s, '98. JAJ ** 104 104 lot 80. 81d6, Vs., ext. 5-6-8b,'89-I900 do 2dM.,ext..'^-6s,'8»-1900 do 3d M., 6s, '96-1900.JAJ Va.A Tenn., 4th M.,8s, 1900.JAJ do extended 5s,1000.J4bI North Penn.— l8t,78, 1896.. ..MAM Gen. mort., 78, 1903 JAJ Debenture 6b, 1905 MAS Northeaat.3.C.— Ist M.,8B,'99,M.t8 2d mort., 8s, 1899 MAS Northern, Cal.— Ist, 6b, 1907. .JAJ Northern Cent.— 4ia per oeat..JAJ 3d mort., 6a, 1900 AAO Con. mort.,68, g.,oonp., 1900JAJ Mort. bds., 58, 1926, aeries A JAJ 1221* 136 104 120 138 120>* ^^ ll3>e ~ 125 123 1U6% .. ii7«; 118i< 110 109 do series B Con. mort, stg. 68, g., 1904. ..JAJ elOO 111 North. Pac, P. D'O Dlv.—6B,M<k8. lOJif Mo. Dlv. 6s, 1919 MAN Gen'l 1. g., Ist, 88, 1921 JAJ 117 Gen. land gr.,2d. 6s. 1933.. .AAO 109^ 110 904 - ••• Gen. land gr., 3d, 6b. 1937...JAD Dividend scrip ext. JAJ i03>a James Riv.Vaf.— l8t,g..6s.'36JAJ id'i imm Spokane A Pal.. 1st 6s,1936.MAN 101% ioi>a St.P.ANor.Pac gen.68.1923.FAA 118 HelenaA Red Mt.l8t,6s,1937MA8 A Man.. 1st. 6h, 1936... JAJ 101 Dak. Dlv., lat. s.f. 68, 1937. JAD A B.,l8t,6s.l937MAN Drum. A Pet., 1st. .Ss, 1937..JAO Hel-uaAN'rth— lst.58.1937.JAO Dul. IDS Hel. B. Val. North. Pac. Ter. Co. -l8l,6s.'33.JAJ 10«4t fill 118 Ogd'nsb'gAL.Cb.— 1st M.6s,'97 JAJ ilOOi« 101 Sinking fund, 8s, 1890 MAS 103 i04>a Consol. ,6s. 1920 AAO 100 100>« 25 Income, 38 A 681920 28 Ohio L A W.— let pfd.38,1938..Q-J 103 8*'* 1st 3b. 1938 Q-J 63 2d Ss, 1938 i Q-J Ohio A Miss.—Cons.,s.td.7s,'98 J «J 117 Cons, mort., 7s, '98... JAJ 117 2d mort., 7s, 1911 AAO 119 1-20 100 let gen .5s, 1932 J.kD NorWhAWoro'i^lBtM.,6B.'97JAJ 1 MAN l8tmort.,8prlngf.Dlv.,1905 Ohio River RR.— 1st. Ss, 1936.JAD Gen. gold, 58, 1937 AAO Ohio Southern- lat 6s, 1921 .JAD 2d Income, 6s, 1921 Old Colony— 6s, 1897 FAA 6s, 1895 JAD 78, 1894 MAS 4ia9, 1904 AAO . . 106 101 83 103 44 ilt4 iiim 103 >a «S 1144* 113 |114 114% )104 100 101% Bo8t.C.AFItchb.,l8t,7s,'89-0OJAJ itOl llll 113 B. 0. F. A N. B., 5b, 1910 ..JAJ 113 N. Bedford RR., 7s, 1894 .JAJ llll OmahaASt. L.— l8t,48, 1937, .JAJ 74% 74% Orange Bolt— 1st mort., 68, 1907... Oreg.ACal.— letos, 1927 JAJ 80 . OregonATranacont.—6s,1922MAN 101 101% Osw.ARome— IstM., 78, 1915.MAN S124 Panama—Sterl'g M.. 78. g. '97.AAO elu7 elOO Subsidy bonds, Eng. Ifue, 69 102 181 Penn.RR.— Gen.M,6s,op.,l»10Q— Cone. mort.. 6a, 1905 <f-M 123 Collateral trust, 4ia8, 1913. .JAD Consol. 58, 1919 JAD Penn. Co., 68, reg., 1907.... Q.— 115 108% do l8tM:,4>«8, 1921.JAJ 108% luO Penn.A N.Y.Can.- iBt. 7b, '06. JAD 118>a 120 133 JAD Ist mort., 7b, 1906 Pensacola Peo. Dec. A Atlantic- Ist m..FAA A Ev.— let. 68, 1920. JAJ 114 73% 2d mortgage. 5b. 1927 EvanavlUe Dlv., I at 68,1 920. .MA» lot Peo.A Peklu Ur -l8t,68,1921.Q-F 110^ 60 67 Q— 2dmort.4<a8, 19J1 . PerUomen—Cons.69„19l3,sterllng PetersbOTK -CUss A, 1926 ....JAJ io4% AAO 105 Class B, 1926 Phlla.A E.-Gen.|raar.,6s,g.,'20.JAJ slSO AAO 113 Consol. 5n, 1920 AAO 00 General 4s. 1020 Phlla. A Read'g— lat, 6s, 1910.JAJ AAO 110 ad,7s,1893 Consol.M., 78,191 1, reg.A op. JAl) 13H JAD 133 Consol. mort.. 6a. 1911 106% rraakfor^ * ein London. lOonpoaoO. t bi ibii" too 181 THE CHRONICLE. 588 [Vol. XLVIl. GENERAL QUOTATIONS OF STOCKS AND BONDS—Oontinubd. For Bxplanatlong See Wote« Bailsoad Bonds. Bid. at Head of First Page of Qgotatlona. Raxlroad Bonds Ask. Bid. H . . F&A 108 2d mort., pref., 7s, 1894 2d Income, 78, 1894 M&N 40 116 110 80 Bellev.&S.Ill.,lst,8.F.8s.'96.A&() Bellev.& Car., Ist 6s, 1923. . J&l St. L. South., Ist, 48, 1931. .M&S Bt. L. Ark. & Tex. Ist 68,1936.M&N 2d mort.. 6s, 1936 F&A 91 33 Bt.L.& Cblc— lstcon.68,19'27.J&J 86. L. 10838 1081s . 2d mort., 78, g., 1897 M&N 106 Ark. Br. 1. gr., M., 78, g., '95.J&D 107 Cairo Ark. & T.,l8t,78,g.,'97.J&D 108 Cairo* Ful.,lst,l.g.,78,g.,'91.J&J 106 88 Cten. con. r'y & 1. g., 5s,1931A&0 Bt.L.&8anFr.— 2dcl.A,1906..M&N 115 adM., class B, 1906 M&N 115 2d M., class C, 1906 M&N 115 Kan.C. &8w.,lst,6s,g.,1916..J&J 97 Equipment 7s. 1895 F&A J&D General mort.. General mort., J&J J&J & O. Ist, 68 68, 1931 58, 1931 l«t trust, g.. 58, 1987 107 108 ;08i3 IO5I4 87 116 116 116 103 106 II5I4 1021a IO314 A&O Ft.S.& V.li.Bd.,l8t,6s, 1910.A&O Bt.L.K.&So.W. -1st 68, 1916M&S K«n. Mid., Ist, 48, 1937 J&D Trust bonds, 68, 1920 11238 F&A 11138 Bt. L. W. & W., 68, 1919 M&S BtL.Vand.&T. H.-lstM.,78,'97.J&J 11714 117% M&N M&N 2d mort., 78, 1898 Sd,78,Buar., 98 & Dulutb—Ist, 108 109 108 1931. F&A Bt.P.Mlnn.&Mau.— 1st 78,1909 J&J Bt. P. 5s, 116 2d 6s, 1909 A&O Dak. Ext., 6s. 1910 M&N l8t consol. 68. 1933 J&J reduced to i^is ..J&J do Minn's U'n, lot, 6s, 1922 J&J MontauaExt., let, 48, 1937. J&D Montana Cent.— let, 68,1»37J&J 1171s 118 120 118% 1191a 98I4 99 110 86% S7 110 112 BfUiAnt.&A.Fass.,l8t,68,l916.J&J do 90 l8t,6s,] i>26.J&J BandnskyManaf.&N.— 1st, 7e,1902 1st, 68, 1934. .A&O B»v. Fl. Gulf, con. 7s, '97 At. J&J Bo. Ga. Fla.— let, 78, 1899 2d, 7", 1899 & 117 & W.— Beaboard & & Eoan.-6s, 5s. coup., 114 116 116 M&A 115 117 117 1916. .F&A J&J 1826 Beat.L. 8.& E.— l8t,gold,6s,'31.F&A Boloto Val.— Ist, 7s, sink'g fd..J&J 2d mort., 78, sink'g fd A&O Ooneol.78, 1910 J&J 98 68 65 II 7sia Bham.Sun.&Lew.— lst,56,'12M&N Bham. V.& Pott.".— 78, con. 1901J &J 123 Bhenandoan Val. -lst,78,1909.J&J 6s, 1921 A&O & Hous.— Ist. 68, gu., 1914 & Pac, let M., 6e,'98.J&J 4odiuBay& So.- l8t,5s,g.,1924J&J Bo. Carolina— 1st M.,68,1920.. A&O 90 30 Geuernlmort., Blireve. Sioax 0. 2d 5 65 107 ibo' loi" 15 50 54 Bo. Cen. (N.Y.)— Consol. mort., 5s.. Bouth. Kansas— 1st, Texas DIv., Inoomp, 6s ' Ss, 1926.. let, 5s, Price nominal. 1926 M&S M&S 79 97I4 871a 90 } 91 321s 106 J&J mort., 6s, 1931 Income 68, 1931 Porohasor also pajra Utloa&BrkR.— Mort.,7s, 'PLJAJiJlO* Valley of Ohio-Con. 68, 1921. M&S Ver. & Mass.— Guar. 5s, 1903 M&N 5104 92 Vioksb. & Mer.— Ist, 6e, 1921. A&O M&N 92 34 721a & Iron Mt.— l8t,78, '92 F&A Pierre C. llO 104 DlT. bonds, 1894 17 971a 88 90 k 43 2d, 4-68, 1921 2 3d, Income, 7s, 1921 Vicksb. Sh. & Pac -Prior lien, 68. el04 Va. Midland- 1st ser.,6s,1906.M&8 113 M&S M&S M&S M&S 2d aeries, 3d series, 6s, 1911 5-68, 1916 4tli8erie8, 3-4-5s, 1921 6th series, 58, 1926 Incomes, cumul., 68, 1927. General 5a, 193H Wabash St. Louis 113 67 95 ..J&J M&N & Paolflc- lst,6x.,7s,'90 F&A Mort., 7s, 1879-1909,Tr.rec. 2d mort., 78, ext. 1893, ex. .M&N Equipment 78, 1883 Gen., 6s, 1920, Tr. rec J&D Chic. Div., 58, 1910 Tr. rec.. J&J Detroit Div., 68, 1921 Tr. recJ&J Cons. mort., 7s, 1907,couvert.Q—f Ist. St.L. div.,V8, 1889 F&A Gt. We8t.,Ul.,lst,7s,'88 F&A 2d, 7s, '93. ...M&N do Tol., 1st, 7a, 1890,Tr.rec. Q'ncy Ilan. &Nap.. let, 78, 1909,Tr. rec 111.& S.Ia.,l8t, 68, 1912, Tr. rec. A&O M&N & 80 Railroad Stocks. Aek. 80 Pao.Cal.-let,68,g.,1905-12 A&O llOia 80. PacAriz.— l8l,68,190910.J&J 1071a IO8I3 Cons. 58. 1st 8erie8,19i2....M&N 100 lOOis 80. Pac, N. M.— let, 68, 1911 .J&J 107ifl 110 Isi.R.Tr.— 1st 68,s.l913.A&0 16 20 Stat. Deterred Income 9OI9 102 2d mort. guar. 5s, g., 1926. ..J&J 90 Istpref. inc.,.'is, gold, 1958.. ..F 19 108 14.. J&J Steuben. & Ind., Ist 68, 751a 2dprcf. inc., 5s, gold, 1958. ...F 63 631a Stock. & Cop.— 1st, 5s, 1905. ..J&J 3dpref. inc., 5s, gold, 1958. ...F 61 Sunb. & Erie— Ist, 7e, 1897.. .. A&O 118 Sd pref., inc., convertible J&J 881s 8839 9anb.Haz.&W-B.— let,5e,1928M&N 1021a Kewgen. mort., 4s, 1958 M&N 98 100 2d mort., 66,1938 Coa]& I., guar.,7s,'92,ex-op.M&S Sanb. & Lewlstown, 7s, 1896. .J&J 117i« FhUa. Wil. ABalt.— 6s, 1892.. A&C §102 103 lstM.,7s 5112 Saep.B.&ErieJuncA&O §109 110 68, 1900 J&D {104 105 9yp.Btng.&N.Y.—oon8ol.7e.'06A&0 1341a 135 88,1910 108 Terre 1893 A&O & Ind.— 1st, 78, J&J 101% Trust certs. 48,1921 J&J I0313 Cunsol. mort., 58, 1925 J&D PtBeCreek-6s, 1992 95 Pittsb.C.A Bt.I..—lst,78, 1900.F&.* 118 1201a Terre H. & Log'pt.— lst,gu., Gs,J&J J&J 95 1st and 2d, 68, 1913 Pittsb.Cl.&Tol.— l8t, 6s, 1922. A&O U058 50 60 Tex. Cent.-let,6k.fd.,7e,1909M&N Plttsb.&Con'Usv.— l8tM.7s,'98.J.feJ 118 119 M&N 50 let mort., 7e, 1911 131 Sterling cons. M. 68,g.,guar.J<S.-J el 2 9 125 Texas & New Orleane- lBt,78.F&A Ptttsb.Ft.W. &C.-l8t,7«,1912Vai 143 Sabine Div., 1st, 6s. 1912. ..M&S 2d mort., 78, 1912 J&J 142 144 rex. & P.-East.D.lst6s,1905.M&S 109i€ A&O 13S 3dmort.,78,1912.: J&D 9438 94% 1st gold, 6s, 2000 Plttsb. June. 1st 63, 1922 J&J 110 Mch 40=6 40% 2d gold inc.. 58, 2O0O Plttsb. McK.A Y.— lst,68,l932.J&J 115 9913 99% Tol.A.Ar.&N.M.- lst,68,1921.M&N 74:% 75 Plttsb. & West.— Ist, 4s. 1917.J&.I 106 rol. A. A.&Gr.T.— let.6a,1921.J&J 105 Pitts. Y. & Asli.— lst,5s,UI27.M&N 115" Tol. A. A.&M.P.— l6t,0s,1916.M&S 100 Portl'nd&Osb'g— l8t68,g.,1900J&J Tol. A. A.&Caa.— lst,6s,1917.M&s lOOig Port Royal & Aug.— Ist, 6s, '99. J&J 105 Tol. &Oblo Cent.— Ist, 5s, gu.l93.'5 lOlia 35 Income mort., 6a, 1899 J&J 76 80 Ports.Gt.F. & Con. -4iap, 1937. J&D 102 1021a Tol.Peoria&W.- l8t.48,1917....J&J 95 Tol. St.L.&K.C.,l8t,6s,1916...J&D 143 oou,M&^ Ben.&S'togBr— 1st 7s,1921 United Co'sN.J.—Cons.,6s,'94.A&0 Kicli'd & AUegh— 1st, 78. trust rec. do gen. 48, 1923 F&A 104 5914 60 Istmoit., Drexel receipis 271* M&S el07 109 SterUng mort., 6s, 1894 25 2d mort. 6s, 1916, trust receipts. do 1901 M&.S el20 124 6s, Bicli'd & Danv.— Con.,6e,'90..M&> 101 1021a IC214 Ca-n. A Amb..mort.. 6s, '89.M&N 102 General mort., 6s, 1915 J&J 115%*llG'i 117 Union RR.— l8t,ee, end. Canton,'95 A&O 94 Debenture, 68, 1927 8714 UttlonPacillo-let, 68, g.,1896.J&J llSSj, 113% A&Ci 86 Con. guld, 58,1936 II414 Ist, 1897 68, J&J Bloh.Fred.& Pot.-M.78, '81-90J&J 1st, 6s, 1898 J&J II5I2 115% Klch. & Petorsb., 68, 1915. ...M&N 112 115 1st, 6s. 1899 J&J 117 Elchmond York Klv. & Ches. Land Grant, 7s, 1887-9 A&O 100% M&N 102 105 2d mort., 6s Sink. F., 88, 1893 9338 99 M&S 121 Kich. & WestPt.Ter., 68, 1897. F&A l'..iO Oon. Bridge, storl. 8e, g., '96.A&0 ell6 Boch.&Pltts.. let, 68, 1921. ..F&A II6I4 Collateral trust, 68, 1908 ....J&J Consol. 1st, 68, 1922 J&D 114lfl Collateral trust, 58, 1907. ...J&D 95 Some & Carrollt.— Ist, 6s.g.,lP16 Kans.Pao., 1st, 68, 1895. ...F&A llOia Borne & Dec— 1st., 68, 1926. J&D do ist M., 68, 1896 J&D 112 112% BomeWat'n&O.—S.F.,78,1891.J&D 11016 1121a do Denv. Div., 68 2d mort.. 7s, 1892 M&N U3ia 114 J&J 1071a do let cone. M.,68,1919 M&N 111 Consol., l8t ex. 5e, 1922....A&0 IO514 105 la Oregon Short- L., 68, 1922 .. F&A 110 11014 Batlana— l8tM., 68, 1902.. ..M&N 51071a 107S» 90 Equipment, 2d mort., 58 F<S:A 5 97 971a Utah Cen.— 1st M., 6a, g.,1890.J&J Utah 80., gen., 7s, 1909 t-Jo.&Gr.Isl'd— lst,guar.6s.l925. 103=8 104 14 J&J 107 51 do ext,lst,7s,1909J&J 106 49 2d mort., Incomes, 58, 1925 98 114 Utah & Nor.— Gold 5, 1920. .J&J 984 Bt.L..Alt.&T.H.— ist M., 78, '94.J&J 112 PMladel.A ReadlnK— (Continued)— ImprOTementmort.jGa, '97.A&0 & Charlotte Air Line 100 100 & West Point Atlantic & Pacific 100 Aagusta & Savannah, leased ... 100 Baltimore & Ohio 100 Atlanta Atlanta . . do do Parkersburg Ask. 87 105 106 130 88 104 100 50 461a BeUeviUe & So. 111., pref 100 75 Boston & Albany 100 ZOO Boet. Con. & Montreal. Pref., 5.100 Boston & Lowell 100 1581a Boston & Maine 100 1751a 99 Boston & N. Y. Air-Line, pref ..100 Boston A Providence 100 248 Boston Revere Beach A Lynn.. 100 161 37 Brooklyn Elevated., new Brooklyn & Montauk 100 621a do Pref 100 loo 35 Buffalo Rochester & Pittsb 1 00 do pref 100 95 15 Burlington C. Kapid8& North. .100 Bell's Gap California Paciflo California Southern. Camden A Atlantic, Pref 88 85 85 87 160 176 100 250 162 40 35 951a 50 91s. 23I4 40 50 Canada Southern 100 521a 52% Canadian Paciflo 100 Si's 55 13 11 Catawlesa oO do 50 1st pref 651s do 50 2dpref 621a 10 5 Cedar Falls & Minnesota 100 Central of Georgia 100 115 116 8 9 Central Iowa, all aaseem'te pd. .100 IBI4 16% Central Massachusetts 100 33 do 331a. pref... 100 Central of New Jersey 100 9118 91% 491a 51 Central Ohio 50 52 do Pref 50 35 35% Central Paciflo 100 50 54 Charlotte Col. & Aug 100 19 20 Chesapeake & Ohio. reor. cert. 100 161a 17 do 100 1st pref. do 171a ISijj do 100 2d pref. do 101 103 Cheshire, pref 100 Chicago & Alton 100 135 140 do pref 100 160 9 Chicago & Atlantic Beneflciary 4614 47 Chicago Burlington & Nortli.. 100 Chicago Burlington & Qainoy.-lOO lioi* 110% Chicago & East. Illinois 100 41% 421a 961s 97 »a pref do 100 81* 6 Chicago & Grand Trunk 4216 42% Chicago & Ind. Coal Railway.. 100 do do pref.. 100 97% 97 la. 107 651a 65% Chicago Milwaukee & St. Paul. 100 105 1061a do pref,, 7. loo 106 106 Chioago&North Western 1 00 llOis II014 do Pref., 7.. 100 1411a 1421a 47 Chicago Rock Island & Pac 100 107 108 12 14 4 Chic St. Louis & Pitts 100 37ia% 106 do pref 100 35 116 Chic St. P. Minn. &0m.,oom..l00 37% 38 II3I4 do pref.. 100 IO4I2 106 1061a Chicago* West Michliitan 100 32 "a 34 80 14 70 Ctn. Hamilton & Davton 100 78 921a 931a 97 Cln. Indlanap. St. Louis & ChlclOO 65 5Z^ Cincinnati N. O. &Tex. Pac. ...100 82 Cln. Sandusky & Cleveland 50 22% 23 t t . 89 90 25 42 do 2% 100 281a 113 2001* 23 100 871a 88'8 do do Pref.. 1081a 110 Clev. & Pittsburgh, guar., 7 50 851a 90 Columbua& Xenla, guar., 8 50 1121a 7 47I3 71a 31a 12>al 8% 132 92 125 110 r pref.. 100 3i 92 838 let pref., 6.. ..100 100 2d, pref Cincinnati A Springflold II2I1 1131a Cln. Washington & Bait 86 86 Bid. 41a. 100 a 34% 57 Clev. Col. Cln. & Indianapolis.. 100 8I4 Cleveland* Canton Cleveland Akron & Col Col. Hock. Val. &T0I... Columbia & Green vllle.piet Concord Concord & Portsmouth, guar.,7 100 100 50 100 100 1 00 38 31* 30 155 175 27 14 23 261* 20 1381a 139 145 155 110% 111 Connecticut & Paeeimipeio 190 191 Connecticut River 70 8t.I..K.C.&N. (r.est.&R.),78.M&S lllia Dayton & Michigan, guar., 313. .50 dq Clar. Br., 68, 1919.. F&A Pref., guar., 8.50 1621* 165 do do No. Mo., 1st, 1895. ..J&,1 114 117 Delaware & Bound Brook 100 I08 lOlia Delaware Lack. & Western do St. Cha's Bridge 63, 1908 50 13aia 18 Warren (N.J.)— 2d, 78, 1900 ..A&O 118 Denv. & Bio Gr 100 17 46 47 West Chester— Con. 7s, 1891.. A&O 107 >s 109 do do pref.lOO W. Jersey & At. Ist M.,68l910M&S 105 Denver & Rio Grande Western. 100 "9'ii West Jersey— let, 6s, 1896 11413 Dee Moines & Fort Dodge 100 J&J 20 2» 1st mort., 7e, 1899 do do Pref.. 100 A&O 122 2J 25 Coneol. mort., 6e, 1909 Det. Lansing & Northern, com .lOu A&O 73 West Shore— Guar. 4s 104 104 83 do do Pref.lOO J&J 1« WestVa C.&Pitts.— l8t,68,1911J&J 107 7" Dubuque & Sioux City 100 WeatTi Ala.— 2d. Se, guar.'90.A&0 106 107 DuluthSo. Sh. &Atl 23 Weet.Maryl'd— 3d en.,0e. 1900.JAJ 11714 do Pref Weat.N.Y.&Penu— lst..^s,1937J&J 94 85 EaatTenn. Va. & Ga. Ry 91a 10 100 73i» 3838' 72 2d m., 3s g.— 5e so. 1927. ...A&O do do let pref.. 100 Wiirren & Frank., l8t,78,'96F&A il2" U6 do do 2d pref... 100 231a 24 5tiifr 56 W'nNo.Carollna-let,7s,1890.M&N East Pennsylvania 50 '92' SQia 80% Cousol. 68, 1911 Eastern (Maes.) 100 J&J West'nPonn.— let M., 68, '93. .A&O 109 do Pref 100 128 129 II0I4 noli Pitte. Br., Ist M., 68, '96 Eaeternln N. H 100 J&J 110 Wheeling& L. Erie— lat,5s,...19'J6 102 lO.i-'e Elizabeth Lex. & Big Sandy 100 Wichita & Western— let, 6s 105 Elmlra& WlUiameport, 5 50 J&J Wilm. Columbia & Augusta, 6s Pref., 7. .50 < 68 do 1181a 120 89 85 W11.& Welrtou- S. F., 7e, g., '96. J&J lis Evansvllle & Terre Haute 50 Winona&S.NV.- l8t.,63.g.,ls»28.A&0 Fitchburg. Pref 100 7jia 70 Wisconsin Cent.— new 1st, 58 34 85 5 87 8714 Flint & Pere Marquette lOo lucomes, non-cum., OS 98 100 39 40 do do Pref... 100 Wia. Valley— l8t, 7e, 1 909 21 Fort Worth & Denver C 100 J&J SI22''s 123 Worc'r & Nashuar-5s, '93-'95. Var. 5103 105 Galv. Harrisb. & San Antonio Nash. & Roob.. g>iar..5s,'94.A&0 51021a 104 15 13 Georgia PaciUo Zanes. & Ohio E.— l8t,0s.l916.F&A 95 Georgia Railroad^ Bank'g Co. 100 197 199 971a KAl£,ROAD STOCKS. Par. Grand Rapide & Indiana Ala. Gt. South.- Lim.,A., 66,pref.. e Green Bay Winona & St. Paul. 100 9 10 8^t 71a Lim., B, com 20 do do Pref 100 12 3 je 21a Ala. N. O. &Pac., Ac, pref 90 ffarrisljurg Por.Mt. Lan 1"8 J. & £0 \e l^B 13" 17 do do la Uoustou A Texas Central 100 def...'e H Albany & Susqneh., Guar., 7. ..100 154 158 Huntingdon & Broad Top 50 19'a Atchieon Topeka A Sauta Fe..lOol 63 14 03% do do Pref... 50 45% Momed Interest, — . . e In Loudon || Coupon otf. « Price per shure, 1 In Frankfort, a la Amsterdam N>7 EMBER THE CHRONICLE. 17, 1889.] 68» aHN'SRA.Li QUOTATIONS OP STOCKS AJID BOMD.?— OosrriyuBo. For 8tcpUw»tl<»ii« n»» Wot«« M W«a< of lHr»t !»«« of Q«i>t»u»a». lUlIJIOAD STOCKS. Bid. MiSCCUJUfSOUS. Aik. 115>« 117 IlIlnoKi Central.... 100 do L'll 11bc,4 r.<'. 100 IiiiI.R.&W.,i>bi'.ih1.100 95 15 Dec. &. \Vo»t..lOO Jott. M.AImi..l'<1.100 Kuuttwlia Ji Oblu.... Ho Ist pref St. 17 >« 75 2 Kau.C.Hi-ni.itiBir.ll'O Kail. ('.(.'I'll Jt BpM.lOO Kan.C^lt.v A Oiiialia... Keokuk Jc l)(w M..I()P do prof.. 100 Klugsl'iivtPonibi'koSO LakeKrlo W....100 Pref. 100 L. 8b. & Mich. 8o. 100 Lehigh Valley 50 LI tUe Miami 50 Little Schu'lt'l 50 Long Island 50 Loa. Evaiis.&St. L.100 do. Pref. 100 it. do . 37 . 92 OH 16 57 >« 100 87 do Pret..lOT Hemph.tt Cliarl 25 Mexican Central ..100 Mexican Nat., Tr. rec. Mex. Nat. Const r. Co. Mtciiigan Cent 100 52% 12% 814 27 85 31 52 91 Midland of New Jersey MU. Lakes. dcW.. 100 do pref.lOO MU. A Northern... 100 Mine HiU & 8.H....50 Mlnneap. do & St. 5 13 L..100 Pref... 100 Mlsso'i Kan.<b Tex.lOO Missouri Paciflo. 100 13>s 77 . . Mobile AOhio loo Morgan's La.iTex.100 Morris A E'x, gu.,7.50 Nashv.Chat. A St. L.25 Nashua A Lowell.. 100 N'squehoning Vall'ySO Rew Jersey* N.Y.ICO N. News A Jliss.Vrtl.Co N.Y.Ceut.A H.Riv.lOO H.Y.Ch.ASt.L.newlOO do Ist pref. 100 do 2d pref. 100 N. Y. A Harlem 50 N.Y.Lack.AWest...lOO H.Y.L.ErieA West-lOO do Pref.lOO B.Y. A N.England. 100 do Pref.lOO H e A San Fr.lOO 26>k Pref 100 Ist pref.lOO 67 111 A DuUitb.lOO 27)1 67". 114 40 9>< Pref.lOO 97 99 P.Minn. A Man. 100 103 >« 101 Joloto Valley 60 5 CANAL BOND^. 1431s 145 81 : Ches.ADel.-lst,68,'86 Che8.AO.— 6s, 83 .... . Homeatake Mln'g.lOi) 100 107 219 12 141s 108H 103% 18>a 72 40 >s 23 25 34 AAO 114''8 Wyoming 1st Pa.D.op.,78,MA8 I3ais Adams i26 14% 27 85 100 147 100 111 100 78 Co.lOO 137 Alice 121a Alta Montana. 33>a Argenta Astoria 91s Barcelona 88 120 N'wcst.. 7H. 1904 JAJ Paciflo A Atlantic... Postal T. Cable, new. So. Tel., 1st mort. b'd» 35% 95 40 130 Mexican 10 ELECTRIC TRUST Am. Loan A Columbia 2458 Peoria Dec. AEv..l00 60 63 Petersburg lOO Phlla. A Erie 50 30 Phil. Oirm. A Nor.. 50 <1211« 65 60 Phila.ARead.a88.pd.50 47^8 48 Votiuic Tru.st. cert .. PhUa. WIlm.A Balt.50 t 56% 67 Pitts. Ctn. A 8t.L..50 a 12 151 Pltts.Ft. W. A C. ,euar.7 149 Plttsb. A Western ...50 Pref. ..50 i Pitts.Young.AA8ht.50 do Pref. ...50 Port.Saco APorts.lad 6 124 Is Port Royal A Augusta Ports. Gt.F.A Cou.lOij 75 Rens. *8flratoga..l00 I7014 Bloh. A Alleg., oert. 2a . A P.,oom.l00 Maverick Land 10 ' ! 80 28I4 Oregon Improvement. 100 pref do OregonRy.AN.Co.lOO Blohmond A P'b'g.lOO 105 28S8 28'e Pacilic MaU 88. Co.lOO Blch. A West PoiutlOO lOu 7!» Blohmond York R. A C. KonicW. AOgd...lOO 90 4i« 35 42 82 8 80 90 5 37 47 si« 87>4 37% 760. Chicago Gas Trust... 2J 25 St.LoulsB'dge,l8tprel elOS e33 «lOi 65 110 55 Memphis Gas 111 Central of 85i« 8i% dnolnnatl G. A Coke Hartford, Ct., O. L..25 Jersey C. A Hobok'a ',20 Pallm'nPalaoeCarlOO 107is leg 27 271a People's, Jersey C. San Diego Land., 2d pref. oertittcates. St. Louis Tunnel RR.. 8t. l^iiis TranKfer Co. Price nominal; no <a(e transaotloaa. 5 I 35 Louisville G. L Con iings.APembi'ke Iron Julia 60 70 115 82 120 86 Le«d ville Consol Lee Basin Little Chief Little Pitts. 50 Mexican G. A SUr.lOO Mono Monitor MAM. MuulUjn 315 • In 90 25 3-75 1050 •3d 10 5 00 160 '200 •67 •4B 450 575 e^35 •06 •80 •90 300 S^SO 10 35 1^00 70 523 150 3-50 Oriental A Miller Oioeola (copper) Pewab'o (copper) Ply mputh Consol 1 RoDmson Consol.. Silver CUff Silver Cord .. Silver King... Sliver Queen 7'-bo 2-40 8 00 8^30 •OS Rappabanock Savage SlerraNevada "i'ib 21-o6 5-25 S^OO 100 Potoei Qttlncy (copper) 50 430 S400 oa O^S •60 170 100 3-80 50 •08 6^00 130 185 •OS 100 Standard Sutra Tunoel.... do Truit cert 4f»i4 •ao •IS •50 Navalo ... , 100 North Star „.... North Belle Isle Ophir 10 106 1^2» •11 •II Mount Diablo.. •08 125 3^00 •10 •ee •12 1030 •SO 41 ITioga Turaado 120 .Union Consol 100 8-60 180 10711 Utah 172 500 Yellow Jacket. 112 BOSTON idlNlNG 104)4 Altouez 25 5 35 l8^ 19 155 Itlantlo 135 S3 69% Boat.A Mon... (Copper) S 3 200 Brunaw'k Antimony .5 l3Bit Calumet A Heoia...25 x315 316 I80. 30«. 110 10 Cutalpa Silver 31 19 25 141 Central 18>4 18>« 25 loan iPrauklln e% 7 35 105 iHuron « 35 3>a 55 Minnesota 8I4 8 35 133 NaUonal 35 2lis 31% 90 lOsoeola... 5% 25 &>s Pewabic 113 8> 35 831a iQulncy 125" •Ridge 3 S% 35 35 176 17S Tamarack lt( >4 nANDVACT>INO. 40% 41 93S 189% 190>4 Iaju. Unen (Fall Blv.) 900 100 112l4'll2«« lAmorr (N. H.) 25 Amoakeac (N.B.) 1000 19.^0 l-JtUt 17a 1:0 Androscog'n (Xe.).100 117 70 Appleton (Mass.) 1000 675 i6'«0 12^ 121 99 93>a (Mass.). 100 Atlantic 43 Bamaby (Pall RIv.l... lU'iH 104 55 92i«! 93 ftt. (P R.>. Barnan ,rd M ; . . 60 Cun-solidated. N.Y. 100 10 10 10 Lriorosse . N.Y Purchaser also ray* aooniedlBeerw*. 30 frim Silver Iron Hill. Yew 01iarle«t'n,8.C.,Oas.25 ';9 Beaver. Independenee UA8 STOCKS. Phlladel. Co. Nat. Oa«. Pipe Line Certificates. Poughkeepsle Bridge.. •68 3-2ft Hector CiiKO.NiCLK each v'k, except third of month) . iMt.Des. AE.S.Land.5. N.E.Mtg.Secur.fBost., N. Hampshire Liknd 25 N. Y. Loan A Impr't ... N.Y.A Tex.Ld.,Lim. 50 North River Cons. Co. A Gould A Curry 8.. 100 Bale A Norcross. .100 (See Local Securities in [ I 10 Fre.'Iand BK'KLVN HOUSE KRS. . •60 S^OO A: I 100 lOu 3214 Uolyoke 80c. Horn Silver... 49 Boston Gaslight . 600 1025 Eaat Boston 25 40 4»» Roxbury... I's 100 13 13H Sooth Boston 100 115 50 42 Brookllne, Mass. . 100 107 40 Cambridge, Maa8..100 171 175 210 Chelsea, Mass 100 111 Porohe8ter,Mae8..100 104 *^ 4% 7% 7 •'8 TOamaloa Pl'n.MasslOO 152 Lawrence, Mass. ..100 132 9 7 Lowell 100 193 11 8 Lynn, Mass.,G. L..100 136>4 214 2>s Maid. A Melrose. .100 108 1'87 200 Newton A Wat'n ..100 1421a 8814 88% Salem, Mass 100 108 25o 6O0. Brooklyn, L. 1 26 103 00 50 50 Citizens', Brooklyn. 20 Fulton Municipal. 100 132 8% 6 Metropol., B'klyn.lOO 87 7a 70 Nassau, Brooklyn ..25 109 74 103 lu6 People's, Brooklyn. 10 92is 93 WUIlamsb'g, B'klyn 50 124 Brookliue (Ma8s.)L'd5 Bruuswit'k Co Canton Co. (Balt.l. 100 Contlnenfl Cju.Alnip !C»v. A Ciu. Bridge, pf. jEast Bos ion Land. ... Frenchman's Bay Ld. [Henderson Bridge Co. IKeeley Motor iSIauh'tt'n B'ch Co.lOO •85 "•97 96% 500 100 270 Brooklyn Xnut ...100 305 Central 100 580 Farmers' Loan A Tr.25 530 Frjinkllo 100 169 Holland 100 103 Knickerbocker ....100 142 Long Island 100 165 Manhattan Mercantile ...100 210 MetiopoUtan 100 184 Nassau 100 125 S. Y. Guar. A Ind..lOO 115 N.Y. Life A Truat.lOO 600 Union 100 000 Uuitecl states 100 eoo . •20 •09 600 •10 •93 CO'S . 300 Eastern Oregon.. ElCristo, •58 80 Eureka Consol. ... 166 300 •35 811s Father De Smet .. 100 Franklin (copper) 18^00 Trust. 100 Bait. Consel. Gas, 85 9-30 lO-OO 100 Oonsol. California. 100 Con. Imperial Chrysolite 50 Chollar 100 Oonsol. Paciflo 100 Crown Point. 100 Atlantic N.Y. 115 3 50 Colchis 68,g.,cp.Arg..'97J&D Edison Edison Illuminating.. UuitedStates United States 111. Co.. l'3.'> Caledonia B. H 3-20 Cal'm'tAHeala(copp'r) 313 Cashier 10 Castle Creek Cleveland Tin 43% 44 II514 11538 I.IGHT STOCKS^ Brush, Bait 100 Con8.M.,191178j&D l'!9% 80 Brush Illuminat'g 100 Penn.— 68, coup., 1910 75 loO Dunklo 700 New England l-M 3M 37 x32 Tropical M 41% •ao Bulwer American Bell 100 1991a 200 Amer. Speaking. ..100 Erie 117 •30 , Buffalo Iron 46 96I4 TELEPHONE. 50 14 41 >• •9fl: .100 911^ Desdwoo'I Denver City Con. sm 110 lift 4«t , Belle Isle 185 South'nA Atlantio.25 70 Western Union 100 78, 1900, M. AN... II414 83 94 <• ?0 00 •95 Bo»t A Belcher Bodle Breeoe Brunswick.. 150 113 80 145 . 17 100 ?? 300 , Basslok Belcher Bonds 11% Mexican 100 175 N. Y. Mutual Un. Tel.. 94 61% Mutual Union 6s.... j Batland 100 do Pref.,7.J.OO tt. Jos.AG'd Isl'd.lOO Bt.LouisAlt. A T. U.IOO do Pref.lOO Bt-L. Ark.ATexiiKlOO Adams Cons... Amador Amerioaa Flag Amerioao Coal. American Dint. rel. 100 1% 2 American Tel. A Cable 78% 81 Bank's A Merch'ts.lOO General niort. cert. 1% 2>* Cent. A So. Am. Cable 115 120 Commercial Xel. Co.^f. PrankUn 100 '23" 33 Gold A Stook 100 , I Pref 28 30 17 15 . TELUGR.IPH. I do A Wells. Farifo 1321s ' Kicu. t: 35 13 23 15 BXPKBSS ST'CKS 21 110 27 14 27% 62 >« 63 >« CANAL STOCKS. 48 1« 48=8 Chesapeake A Del.. 50 •... 119 114 115 Del. A Hudson.... 100 118 H.Y.N H.AHartf.lCO 230 235 Lehigh Navigation.. 50 » Sll* 23 K. Y. A Nortliern.pref. Morris, guar., 4 100 » 13 14 15% do pf;,guar.lO.,100» ».Y. Ont. A West. .100 "4 msC'LLAN KO VS S.Y. Penn. AOhio ... BONDS. do Pref. H Am.WafrW.Co.,lst.es 105 N. Y. Phil. A Norf.lOO CahabaCoal,l8t,78,'07 112 N. Y. Prov. A Boston. 2111a 101% 911 Col.CoalAIron— lst,68 104 9 a.Y.eusq.A WesfnlOO 33 Cov.ACIn.Bge.5s,3-5ylJ100 1001* do Pref.lOO 102 2 5s, 5 years MAS 9 N.Y. West Shore A B. 17 18 Ga. Co.,N.C.,58...1937| Horf.AWeat,, com. 100 do pref.lOO 501s 511a Hend'nBrldge6s,l931 109i4 110 108 8514 Ko. Pennsylvania.. 50 Or. Imp., 1st, 6s. 1910 107 il2 Northern Central... 50 70 73 Oreg.R.AN.l8t.68,JAJ HI North'u N. Haijip.lOO xU4 146 Con. 5s I9i5 J.AD..I 1031* 1041a 26I4 27 Ocean S3. Co. at guar. 103 105 Hoirth'n Piac., com. 100 90 60 <% 60% Poughk'sieB"go,lot,6s.l 85 do Pref.lOO Korw.A Woroester.ioo 179 14 I79i» St. L. Bridge A Tun— 136 10 Ist. 78, g, 1929. AAO el33 8 Ogd. A L. Champ. 1(>0 88 Tenn.C.Al.— T'nu D.68 Ohio A Miss 100 221s 23 92 91 Blr. Dlv.l8t.6s, 1917 84 87 do Pref.lOO 14 .niSC'LLANKOUS Ohio Southern 15>s 100 STOCKS. Old Colony 100 174 14 174iai 30 27 Amer. Bunk Note Co.. 25 Ojia. A- St. L. pref.lOO 65I4 55i« 4313 44 •« Amor. Cotton Oil trusts Oregon Short LinelOO 7ia 7% 30:% Asplnwall Land 10 30% Oregon Trans-Coat 100 714 7 5215 52=8 Boston Land 10 Pennsylvania RK. .50 61s BM Boston Water Power.. 6 7 Fensacola A Atlantic do. inilVINO STOCKM 211a 221a A SAN. rBAlT) Val. Coal. 100 611s llmerlcan United States . Tii" 130 (N. Y. Whitebr'st FuclCo.lOO LeblgnNav.- 4ia8,'14 HI BR. 6s, reg., '97,Q-F 115 117 Con V 6s,g.rg.'94M AS HI'* 113 19 74 41 . 37 85 Maryland Coal. ...100 Ills 11 100 OntanoSU. HIn'g.lOO 321a PennaylTanla Goal. 50 391 Qulokallrer Uln'g.lOO 8 do pref.lOO 87 T«nn.CoaIAIronColOO 354 do pref.lOO 94 New Central Coal log's 109 A "7 23 31 Bid. Mntualof N.Y... .100 Standard Oas, pmf. ... K. Orleans O. L. loo Portland, Mo., O. L 50 St. LoulaOasTrust. 100 l.4Mlede, St. Louis. 100 San Pranelaeo Oaa .... Wash'ton UltvO. L.30 s-rocKK, N.y. Collat. trust, 58 Del. H.-78. -gLJAJ Ist ext., 1891. .MAN Coup. 78. 1894. 54 Vme mLLkmmovn, Bqultabte, K. Y...100 COAL A raiNINU LeUgh A Wllkesb.Coal Manuall Com. Coal.. '70.Q.-J 190>4 1901s Del.Dlv. 6e, 1398.... Ask 175 . Oihal^aCoal 107 Oamwron IronAConlSO Qol«rado Coal A 1. 100 flOt,*Ho<ik.lOO.OAI. OonaoI.Ooal of Md 100 it. 03 >« Tex.Pao.LiindTr'tlOO 10 rol. Ann .\rl)or AN.M 24 18 Tol. A Ohio Cenfl.lOO 30 57 '8 do Pref.lOO 50 45 Tol. Peor. A Western. 18 50 O. N.J.RR AC. Co.lOO »223'4 anion Paciflo 6438 lOO 125 dtah Central 100 213 UtlcaABIackRiT.lOO 123 95 Vt.AMa8s..l'8ed.6.100 132 15 Vioksb. A Meridian ... >« I4 82 do pref... 71rgfnlaMidlana..l00 13 T8ba8ha(.L.APao.lOO 13 9I4 do Pref. 100 26% 28 Warr'n(N.J.),lVd,7.50 142 84 is 851s W. End pref. (Bos.) 50 West Jersey 50 « 66% 65 West Jersey A Atl... 50 « 50 93 Western Maryland. 50 10 West. N.Y.A Penn. 100 60 711a Wheel. A L.E. pref. 100 71s SVll. Columbia A A.l 00 1 10 16 Wllm. AWeldon,7.100 110 13% Wisconsin Central 100 16% 7714 do Pref.lOO 39hi lOis Wor.Nash.A Roch.lOO 129is Bid. ITO Co .7514 75I« Union St'k Yds. ATr. Co 105 III Wagner Palace Car (;o. 115 120 West End I.And (Host) 32*4 32 la Bilirar Rtillnpilrs ASo.... r. Tnmt Standard Oil A Maine Central Man. & Law'ce 100 x210 931* Manhattan, con... 100 . do do Paul do A KuoiLuincoos. 12 40 10 toab'd A RoanokclOO touth Carolina 100 11 9 3OI4 Southern Pao. Co. .100 26 24 17\ 8'we»t., Qa., g'd, 7. 100 128 129 Syr.Blng. AN. Y. 100 09i>e 99^ 3am!nltBranoh,Pa..'iO 0% S>9 53>« oSH Sunburr A Lewlat..&0 t 51 16914 169% Terre H. Ind'uap.SO 92 $ 69 70 Texas APaolfla...lOO 23is 23% 10 47 100 100 123 & Ont. L. Van. It. 83 Pref. 50 Harq. H. It. A(k. 10 25 LotdsT. A Nanhv..loo LoulgT.N.A.*(;hio.lOO Mahoning Coal KU.50 do lAUlsLM. n. Loula 75 Kan.C.Ft.8.AMein.lOO Kan.O.l't.S&O.pf.lOO 133" 135 45>( Bid. Chicago. . St. 8>9 4'1>1 A pref do. 8t. L. Ft.S. A W. cert. Inil. 70 Louis 8m Mm Loudon. « OMtattoa per share. THE CHRONICLK 590 GBNBRA.L QUOTATIONS OF STOCKS For Bxplaaatloas See BtAKUFAC'iNO Stocks Border aty Mfg. (P.R.) 130 Boston Co.(Mas8.)1000 975 100 163 Boston Belting Best. Duck (Mass.jTOO 1150 107 »« -100 (Fall Riv.) Chace Clucopee(Mass.) ..100 104 Coclieco (N.H.)....50<> 425 7% OoUinsCo. (Conn.).-iO 34 Oontiuental .Me.). 100 Cres't Mills (F. B.) 100 46 Crystal Spr. B1.(F.R.) Davol Mills (F. B.) 100 105 66 Dougl's Axe (Mas8)10C 500 680 DwiKlit (Mass.). 50 Everett (Mass.)... 100 F. R. Ma(lihieOo..l00 Flint Mills (F. R.) 100 115 Franklin (Me.) 100 ii5 erbnY.Mill8iF.R.)100 113 . Grauite(F.K.)....1000 Great Falls (N. H.)100 Hamilton (Mass.) 1000 Hartf. Carpet (Ct.)lOO 100 Hill (Me) Holyoke W.Fower.lOO Jackson (N. H.)..1000 King PhUip (F. R.) 100 Laeoma(Me) 400 Lancaster M.(N.H)400 Lake Mills (F. R.) Lawrence (Ma88.)100ti L'rel liowell (Mass) Ask. Bid. 100 110 Bates (Me.) Boott Cot. (Ma88.)l000 1315 691 9U0 161 85 250 9U0 103 472 >a 575 105 1520 5yo 137 680 Lowell Bleachery.20t Lowell Macli.81iop.50< Lyman M. (Mass.). 10' Manolieeti r (N.H.) lOn Mass. Cotton 1000 Mechanics' (F. R.) 100 Merchants' (F. R.) 100 1320 132111 1000 100 100 100 2t5 103 Shawnint 100 .410 State Baudw.Gla88(Mas8.)80 Bhove (Fall Riv.). 100 Blade (Fall Riv.).. 100 Btaftord (Fall Riv.) 1 00 Stark Mills (N.H.)IOOO Xecumseh (F. R.). 100 Thorumki(Ma8,s.)1000 TremontAS.(Mas8)100 Troy O. *W.(F.R.1500 Union I. (F.R.) 100 (F. 1520 595 I37I3 685 t5 I17I2 1090 11)5 1221s 1175 70 157 105 570 1001* 101 91 SCO 1510 1200 117isl25 82%! 85 100 12213 120 225 235 25 30 100 lOi 60 55 110 115 R.)100 1145 117 1210 126 55 Bank of baliimore IOC Bank of Commerce. 15 60" 45 looa 143 16 I9I4 Com. J'arir.ers'.-lOO 129 FariLerB'B'kofMd.30 32 Farmers' & Merch .40 67 <fe . Farmer8'<SiPlanter8'25 First Nat.of Bait. .100 Franklin 60 Gterman Ajuei loan Howard 15 lO'ii 133 571* 46 1251s 90 110 3 30 '36' Meclianics' 10 121* Merchants' 100 131 National Exch'ge. 100 People's 2u 19 Second National ..100 150 Third National 100 109 Dnlon 75 WesteiM 20 3113 92 Blackstone Boston Nat Boylston Broadway Bunker Hill 100 100 Central 100 City 100 Oolumbiau 100 Commerce 100 Commonwealth ... 100 Ctoutinental 100 Eagle 100 Eltot 1(K) Everett E:ichange Faueuil Hall First National lOG 100 100 100 First Ward 100 Fourth National.. 100 Freemans' 100 Olobe 100 Hamilton 100 Hide & Leather ... 100 Howard 100 Lincoln loo U*niifnffMfpT.p* ion MCEWk * ,frioe 134 13 133ii 125 19Hs 162 112 83 136 Vi'2^ 123 nils 112 120 1201a Ib8l4 I3dis 110 184 128 187 132 137 119% IVO l(i5H 106 125 124 98 102 I3214 1321s 141% 142 238 Ask. Bid. 137 108 14 Ne»v York. America ';'30 Aniilu-Caiiforniau of California First Nat. Gold. . . .100 180 14014 1411s Paolflc Bank 100 13014 American Exch'gelOO 9OI4 .Asbury Park Nat. 100 Boweiy 100 22'5 1401, 141 130 90 Broadway 112% 113 25 270 PIKK insuu'ge: 10 i 233 280 STOCKS. Boston. American F & M. ,2'i5 132 I 90 "s 91 112 111 142 141 1211s 121 IIOI4 llOifl 10( 100 2311« 25 115 100 150 Brooklyn 100 213 50 340 First National 100 140 40 167 Pulton Importers' •ii Tr...l00 409 50 340 City National 50 155 60 150 Irving Commercial 100 Leather Manufts..lO0 200 Long Island 118 100 160 Lincoln .Manufacturers' 130 Macison Square. ..100 100 50 235 Mechanics' 50 161 100 235 Manhattan Nassau Market A Fulton.. 100 183 183 Cblcago. 25 iHOis Mechanics' American Etch. Nat.. 122 Mechanics'* Tr.. .25 170 Atlas National... 119 100 1!)5 175 100 180 Mercantile Chicago Nat 50 115 Merchants' (JominercialNat.-.lOO 200 Merchants' Exoh'e 50 113 118 Continental Nat... 100 116 117 III3 100 100 258 2621a Metropolitan First National 100 235 Metropolis Fort Deii rborn Nat 108 140" 200 100 Mount Morris Hide and Leather. 100 224 5li Merchants' Nat.. .100 360 Murray Hill 50 i'55 Metropolitan Nat. lOd 1871* Nassau 100 23713! Nat. Bk. of Amer..lO0 139 New York Nat. B'kof Illinois.lOO 207 N. Y. Nat. Exch'gelOC. 123 Northwestern Nat 100 800 New York County 10( 210 137 14o lOi 100 170 175 Ninth National Cnion National Un.8tockY'd8Nat.lO(' 200 North America .... 7( 146 152 140 3( Clucluuatl. North River 2.' 200 Atlas National 90 Oriental 70 167 .5( 613 Cincinnati National,. Pacific 50 184 10( (Citizens' National Park 181% 190 2.' 190 Commercial Bank People's 105 128 1321a 2t National.. Kiiuitable 145 Phenix Filth National Produce EschangeK'O 110 113 100 150 100 Republic First National 259 .100 120 18') Fourth National Seaboard 320 .100 Second National. German National 145 150 100 Market National...:. Seventh National. 100 120 100 2"3"6' 132 Merchants' National. 145 Shoe ii Leather 100 Natiiinal Lalayette. .. 280 2U0 iSixih National 125 IOC Ohio Valley Nat'l 134% Ist. Nicholas 100 108 113 Second National State of N.Y 1971s 200 110 95 148 Third National 143 Third Natioaal ...loo 40 102 ffostern German Bank 195 Tradesmen's Hartford. United States Nat. 100 210 100 102 921a ^tnaNat Western National .100 100 175 American Nat 50 60 Wist Side Charter Oak Nat.. 100 lt.2 105 Pblladelplila 100 35 City 90 B'k of N. America 100 3:0 130 50 Oonnecticut River 50 48 Ciiy Naiioi.al 50 106 Far. & MbOh. Nat. 100 1<.2 Commercial Nat 100 100 First Nat Commonwealth Nat 50 100 160 153 tiartford Nat CouHoliilalion Nat. 30 100 Mercantile Nat. 100 241 80 871s First Nat 162 54 64 National Exchange. 50 Farmers'&Meeh.N. 100 100 118 PbcBUlx Nat St. Nat'l.... 100 i'lo" Fourth "93" 100 lOt 90 Independence State 100 230 40 llOis United States Giiard National Louisville. 50 631a Keystone Nat'l B'nk of Commerce 121 122 Manufact'r'rs'Nat.lOO 421? lOo Hank of KcutuckylOO 168 167 Mechanics' Nat Bank of LouisvillelOO 991a 101 Nat. B'k N. Liberties 50 163 50 Citizens' National .100 118 120 Peun National 100 117 lis City Nat Philadelphia Nat.. 100 241 l''alls City TobaccolOO 100 107 108 Seventh Nat Farmers' of Ky ...100 109 110 50 Southwark Nat Farmers' & Drov..lOO lOt 105 50 80 Union First Nat 100 175 176 50 Wcslcrn Nat German Ins. Co. 's. 100 iy4 13 J Portland, me. German 100 175 180 50 Cumberland Nat.. .40 48 German National 100 1S9 140 Canal Nat 100 153 153 Kentucky Nat 100 ld4 135 100 141 143 CascoNat Louisv. Banking Co. 40 255 ICMJ 112 H5 257 First Nat Masonic 110 120 100 136 13^ 7,^ Merchants' Nat Merchants' Nat. ..100 144 146 131 National Traders'. 100 132 Northern of Ky ...100 124 126 Hichmoud, Va. People's Bank 119 120 2o City Bank 281a 30 100 116 117 Second Nat 100 140 142 First Nat Security 100 170 171 130 Merchants' Nat... 100 11:8 Third National 100 139 141 Nat. Bk of VlrginialOO 108 100 130 131 Western 100 145 Planters' Nat New Orleans, State Bank of Va.lOO 119 Germania Greenwich Hanover Hudson River 1 . ' 239 129ii 130 Bank Canal of Commerce. 10 & Banking.. 100 100 110 112 100 Germama Nat IUOI4 HlberniaNat i',0 100 Louisiana Nat.. ..100 92!li 93 12.T 127 Meti'opolitan 100 12214 123 100 Mutual Nat 113ifl 114 New Orleans Nat. .100 110 112 50 People's "5 l on «Mh State Knt Citizens' nominal; no late traisaotlons. t 9 150 40 ISO's 185 165 155 133 158 1221a 123 131 134 523 700 70 la 75 147 33 1 'O Last price ci.U wee i. Louis. Commerce. .100 455 St. B'k of 100 340 Continental 100 170 Fianlclin ...100 190 Fourth National ..100 133 100 90 International lOOi 135 Mechanics' Merchants' Nat ...lOOi 105 St. Louis National.lOO 130 Tliird National ..100 100 160 Commercial § uuoiationa per shaia. 140 100 225 1321a 160 . 100 100 100 100 100 100 50 246 107 291 130 82 243 112 173 177 Steam Boiler New Orleans. Crescent Mutual ..lOl) 3:10 German American. .75 114 German Exchange. 100 200 . 6719 63 220 144 Hartford, Conn, /Ktua Fire Connecticut Hartford National Orient Phosnix Fourteenth Street. 100 155 Gallatin National ..50 25-1 Garfield Bid. 100 99 100 Boston 100 148I3 149 Boylston 100 80 >2 81 86 b5 Dwelling House. ..lOu Eliot 100 113 120 Firemen's 100 182 183 40ifl 40 Manufacturers*. ..100 100 113 1151« Mass. Mutual Mercantile F. & M.lOO 116 117 6 Neptune F. A M...100 74'* North American ..100 100 102 100 100 Prescoit 75 73 100 Washington Butchers'ife Drovers25 175 140 Central National.. 100 133 inOi4 160H Chase National ,..100 230 25 230 134% 135 Chatham 100 3800 111% 11"2 Cheinioal 100 340 122s 122% City 160 Citizens 23 ll7 110 139 132 (Jolumhla 103 151 Commerce 100 I MO 150 110 Hi 130 I3CI4 Go umerelal 12^is 130 152 Continental 100 151 Com Exchange . . . 100 220 1601s 161 25 165 195 East River l.S.'S 25 150 Eleventh Ward 1301s 131 100 2000 102 10214 First National 142 129 Fourth National. . .100 ls9 12^ 100 173 126 ISO's FitthNaiional 100 950 Fifth A venue 106% 107 220 lAO Insurance Stocks. San Francisco. Nat 100 1211a 124 Whitney National. lOo 2.0 210 tTnion 9314 . lOSHi 106 12514 123 l'^4^ 125 133 Bank Stocks. Ask. of ttnotatioas. . . . IOI4 Boaton. 100 100 100 100 100 (Washington ffebster Pii-j;e . Marine, Atlantic Atlas 100 100 100 100 100 Tremont Onion I XLMI. AND BONDS—Oonoluded. of Firvt • Ualttiuore. 10 & { Head Brooklyn. 42 Wllllm'tlc Lineu(Ct)25 York Co. (Me.) 750 1000 Citizens' Ihoe Traders' 975 108 175 580 1140 115 1200 125H 873 i25 CM Wampanoag(F.R.)100 110 Washmgt'n(Mass.)100 45 Weed Hew. M'e (Ct.)25 "5*5' Weetamoe Kooktand Seoond Nat Leather. ...100 100 170 SuUolk 100 100 851s Third Nat 69 Newmarket 500 350 PaciHo (Mass.)... 1000 1500 Peppsrell (Me. 500 1190 Robeson (F. Klv.) 1000 Sagamore (F. Riv.) 100 Salmon Falls(N.H.)300 . Jeourity 96 N. £. Glass (Ma88.)373 ) Bid. 100 93 Vlarket(Brlghton) 100 133 250 108 Massachusetts Maverick 100 228 163 1« vieohauics' (8o.B.)100 100 liOO vlerohandiae 112 100 Merchants' U6 itetropolitan 1 00 100 426 Monument 100 «. Vernon 35 Vew England 100 671* Sorth 100 Sorth America.... 100 OlilBoston 100 66 ii People's 100 700 Redemption 100 IOC 60 Republic 100 Revere Merrlmack(Mas8)1000 Metacomet (F.R.) .100 Middlesex (Mass.). 100 155 Narragan8'lt(F.R,)100 102 Nashua (N. H.)....500 565 Pocasset (F. R.)...100 Elch.Bord'u(F.R.) 100 Bank Stocks. noij Market 147 1085 100 1171s 1170 Naumkeag (Mas8.)10) iVotes at [Vol. lactors'and Firemen's 'Jr. 86 104 4Sia ..100 Xl2lfl 51 50 100 100 Hibernia 100 Home 50 Lafayette Merchants'MutuallOO Mechanics' &Tr...lOO New Orl's Ins. Ass'n 30 New Orl's Ins. Co. 5C luO Sun Mutual 100 Southern loo Teutonia New ITork. Germania . 117 67 American Bowery Broadway 25 25 2u 70 Citizens' City Clinton lOt' Oommou wealth. ..100 OF 1,5 75 5»ia 59I3 114% ...... 19 23 123 83 12Z 110 130 liO 107 80 93 178 — PRICES 70 71 lOo 40 100 73 100 95 30 Exchange 100 50 Farragut Fire Association ..100 1<5 75 ll Firemen's German-American lOo 2aO 143 50 Germania 50 110 Globe 2h 200 Greenwich oO 100 Guardian 83 16 Hamilton 50 1,3 Hanover 100 118 Home nOifl 4o Howard 3u 112' Jefferson 16J .20 Kings Co. (B'klyn) 80 30 Ku ickerbocker 78 Lafayette (B'klyn) .50 -5 100 Liberty 70 Long Isl'd (B'klyn). 50 Mauuf. <fe Builders' 100 luo 85 Meclianics' (B'klyn)3o 70 50 Mercantile 73 50 Merchants' hO Montauk (B'klyn).. 5t 125 50 Nassau (B'klyn) SO 37ia National 165 3, N. Y. Equitable 07 lOu New York Fire 60 133 Niagara H9 25 North River 150 2.) Pacillo 33 100 Park 20 1,30 Peter Cooper 73 50 People's 98 on Phenix (B'kiyn) 25 120 Rutgers' 50 lOO Standard 77 lOo Sterling 93 25 Stuyvesaut 145 25 United Stales 10 133 Westchester WilUaiuMburg City.. 3' 270 Continental Eagle Empire City 55 120 Sola 1000 120 50 135 Alliance 50 15 24 26 li5 b5i« 125 135 150 118 160 113 115 85 , 181 • 90 105 108 113 85 293 150 120 215 60 95 130 132 170 85 85 90 120 95 80 76 85 135 95 170 75 160 60 154 80 103 i30 J 107 80 100 150 145 .80 BXCUANGB atBItlBERSUlPS. N.Y.Stock Ladt sale, N.jv N.Y.Cousol.Sloekit Pet. Last sale, Nov. 14.. N.Y. Produce Lasitale, Out N.Y. Ck)tton Last sale, Nov. 3.... N.Y. Co Bee Last sale, Nov. 13.. N.Y. Metai Last sale, Sept... .. k'lEst E.xoh.iiAuc R'm Last sale, Nov. 14.. Boston Slock Last sale, Aug Philadelphia Stock Last sale, Sept Chicago Board of Tradi Last sale, Nov. 9. 22,000 bid. 22,000 730 bid. 730 1,600 ask. 1,500 1,100 bid. 1,130 673 SOU 75 60 bid. bid. 1,150 bid. 1,132 "a 12,000 ask. 12,000 2,800 bid. 2,600 1,600 ask. 1,600 NOVKKBER TUE 17, ISaS.) ('nTU)XlCLE. Juuestmewt P6«l Bo AIM, K»iiiiwb»AOIil<>itatwkNnr K.>'. I''t H.liMi'iii llliubli I itailvaacl lutclligcuce. ITie Investors' SappLKMRwr, a pamphlet of 133 pages, contains extended tobies of the Funded Debt of Slates and Cities iind of the Stocks and Bouils of Railroads and otfur Companies. It is publiiJied tn the last Saturdaj/ of fceru L. _ to others at $1 " I wkOoK til 'ii't'iimr...! |.Iiily ether mouth-viz., January, yturch. May, July, September and November, and is furnished without extra chargt to alt regular subscribers of the Chuonicle, Extra vopiet are sold to subscribers of the Chboniqlb at 50 cents each, and li.n.k ,v Ml' '^"'"'' '"i'""''' Uut);.Kv..iHt.i. ' Vov Xtv \n\ vvk lUt UiI'n a**'"Lo"i«vN/> ^^'""" ^" i I >vk iHi lint I lit The Geverai Quotations of Stocks and Bonds, occupying pages of the Chronicle, are now published on the third l^ittiirtlaj- of each month. tMox. n. i,, .'8,133 WK N'ov 30,':20 78,774 7,878 1,341 168, trtl. wk Nov wk Nov ,v Tex nil wk Got hit .Viit.NYth 2 wkH Oct RAILROAD EARNINGS. ireefc or it" Mobile A Ohio Ocu.bor... N»sh. Ch. AHt.L. October Natchez Jac.AC |3 wks Oct. Now Brunswick. .\ii!<n»t .. Jan. 1888. 1887. I lo LtUttt 1888. . 1887. 8ei)t'mber. l?8.02l! 180.9.19 1.515,685 1 ,48,3..151 Atcli. T. 8. Fe. Sejifmb^r. l.lll.860|l,5O«,2(il ll,23f,992 13,634,173 Atlitnta I& Cliar jAuKUtit 10:j.!iaO 105,008 8 19,'. 16 .8^,963 Atliuitii & W. Pt,. .Sepl'mber. 31,802 39.39.") 280,511 274.102 Atlnntlc A Pac.. Ut wkXov 65.827 54.3-12 2,417,176 2,219,385 B.AO. East Lines October 1,404,0-1« 1,480.531 Western Lines. Octubcr 403,9001 467,753 A . . Bait. Boech CrfCk 133.970 iSept'uiber iSipt'inlier. C7,7ti8 Butt. Hoch.ji Pitt 1st wk Nov Bar.C.Rap.&iVo.iOttiiber .. Cairo V. & Chic list wk Nov Oftl. Soathcni 3d wk Oct. •Camclcu ic Atl'i Se'pt'iuber. Caniulia ii PiiciHc st wk No v Cp.F'r.VYart.Val Octiiber... Carolina < cut.. :Scpt'iiiber. Ccu.ltK.itBx.Co.s pfniber. 34,982 330,85 i 16,432 .. . . 1 19,751 75,I4S 306,000 35.080 41,112 64«,3«1 Ceutnillowa ...llth wk Oct 40,li;9 Central of N.J. l.-cpfiiiber. 1.32-'.J12 Central Pacltic •.\iif;ii8t . l,o26,f>55 Central ot S. |.\nKii8t 7.519 Cent. Veriu.'Ut l3il wk Oct. 62,929 Oharlest'u &8av|Au};iut 32.211 Cheraw ,fe iJarl lAuKimt 5,981 Chcs. AOhlo llthwkOot 138.779 C Ohes.O. AS. W. Che^. wk8 Ocl. Au«nsc .. |3 & Lcuolr. A Atlautic.Il.s-.wkNov . 137,411 6.703 HS.Sll 129;0J4 02,717 43,381 1,623.053 319,(!03 2,274,02.51 2,400.998 1,140,500 1,0(!3,906 5.31,841 1,80:<,037 68>,3:i7 17.006 , 619,y0l4 31,416 l,263,26ll 62.504 , 582.1.88 303.000 10.982,430 29,128 267,530 -54.483 362.2J8 784,702 l,s95,08i 37,846 1.132.031 997,120 9.70!),826 1,367,206 10,222,057 6,4'<9 65,685 63,733 30.327 370,01-1 5,427 i7,767 < 49.436 572.782 9,471,135 222.X51 351. il4 4,331.961 1.079.122 6.00: A I\Iar wk Nov Cln.N.O. AT. IstwkNov Ala. Gt..South UstwkNov 1 9,921 st 10,421 62,958 68,987 32.1b2 32,17 N. Orl. A N. K. st wk Nov 19,009 10,53 VIcksli. it .Mcr 1 st wk Nov 13.3;i 10,963 Vlcks. Sh. A P 8t wk Nov 17,62N 18,2.6 Erlaut'cr 8V8t Ist wk Nov 113,328 14H.6al Oin.litch.AFt.W 1st wk Nov 7,016 9,120 Clu. 8cl. ii .Miih.. Hcpt'iuber 11,266 13,.5'.»» Oln.\Va.sh.Alialt. IstwkNov 39,192 48.011 Olev.Akron ACol'4th wk Oct 18,810 15,B4 Clev. A (.'antuii -.•^trpt'niber 31,559 36,19 Clev.CoI.c. A ind i.Scpt'iiiLer. 432,868 413,3. Whole s> stem. .October ... 737,738 806,913 Olev. A Mariettii 1st wk Nov 5,889 7,20:j Color. MiiUaml 1th wk Oo 48,432 Ool. ACiii. Mid 1st wk Nov 6,183 "7il7i Ool.Ilock.V.AT. Istw!, Nov 73.74'.' 72,776 Deuv. A Klo Or. 1st wk Nov 147,000 178,50(1 Deuv. A R. O. W. IstwkNov 27.475 21,Oo: l)cn..i.P'kAPac. Sept'iuber. 105,711 130,8U Dtt.BavC.AAlp pl'nibor 33,34 43,50: Det.LansVANo. 1st wk Nov 19,224 22,69 Duluth 8.S. A All. dopt'niber, 183,388 191, -O'E.Ti'iiu.Va.AGa. IstwkNov 116.138 ll.">,98^ Evans.AInd'plis IstwkNov 3.843 5,571 16,21i Evausv. A T. U. Ul wk Nov 11.213 Flint A P. Marq. Ist wk Nov 41,146 50.59 Fla. H.ANav.Co. Aii)?ii8t 58,717 64,15: Ft.W.ADeu.Clty 1th wk Oct 39,231 19,28: (Whole syBt'iii.lOulober ... 230,000 Georgia Pacitlo [Ithwk Sept 52,585 34,711 a-. P.ap. A lad... st wk Nov 49,46' 42,806 Other lines ilst wk Nov 3.745 4,09 Brand Trunk ... Wk. Nov. 3 418,310 417,551 Gull Col. A 8.FP. .Sepfmher. 349.608 305,38'. Hous.ATex.Cen. 4th wk Oct 108,872 106,75 Uumc8t'n.\£8lieii 'J, tuber.. 17,000 16,72: ULCeu.dll ASo) October. 1,807,416 1,258,19) Cedar f A Mm. October .. 11,37(9,13 Dub.A.'<limx C.Octobi r .. 94,860 89.526 la.Falls AS.C.IOitober.. 79,467 81,411 1-. 1 1 1 1 ] . ; . ! I . Iowa lines Total all Inrt.DecVWpst ; Oelolicr.. o.tolier... Oiliiiii-p. 185.7('5 1 ' 273.121 ;i(i.:i07 4 1,.39.', 3,067,362 2,H21.3'-'ti l,'26!>,7il 1,281,311 702,27i 377.014 444.219 4 13.;<93 3,860,61 40".,8.56 56 .'.833 461, 68 5,580,46:1 343,498 356,206 77,1 2 1. 774.8 19 74,8.1 1,860.613 558.67U 469.772 270,827 3,305,254 2.S ,914 3,167.3ia 6,119,912 234,761 1,101,3l9 310,1-2 2,370.917 6,518.891 1,116,697 931,261 356,<.34 875,093 1,071,981 4,723.681 £07.728 727,778 2,045.307 674,748 852,949 e,5:3,l85 23-,814 275,931 2,352.100 6,697,3.57 li7S,-J'.'3 9'>2,><48 :)(i6,3<2 973,459 1,080,516 4.126,313 201.528 7:;(;,3n 2,19T.>>76 667.775 571,208 913.526 8.'''8.673 1,9J8,543 170.866 2.011. :63 15,47 1.282 2.105,11(1 2,157.-.8^ 16..->:il.i:i5 Mo.liS1.--J-..'.H'2 2,21;i,907 123,70- 12M.619 9,351,41:< 82,1;'5 9..')20,504 9."..()l': 688,073 6-<1.120 6.38.980 180,110; 1.429.24- 56:1,2 1 l,3l.-..156 l,138,.3()l 10.7S,i.(i!>l 3«.61o :((('.. :o;(. 10.-(:'>,!>60 ::.-.!. •J.<6 OS 1 .1,5 :il5- l.SO.OOO iin.iii, 237, 8i '0 231,121 186,169 •.18 253,170 282.621 10,242 7s,H58 3,175,790 11 2«.',4-IO 26 •.021 2,57-.5-4 13,7211 1I3..'j55 2,.120.810 1.30.000 56.401 50S.72a l.lC-ll.liOJ 71.000 11,412 55,999 2,455 37,920 405,196 , r 9,3(;6 399,046 61.129 '.li.O .'.'1,796 4.37,729 2,301 36.631 362. 143 „ . |1,932.783 1 .9G8.612 5,034.!I7.-. 2.023.682 2.135,1.81 13.4'J(;.-i Tot.bothCo's.. Sept'niber 3,93-,46>|4,103.694:2S.461.' Pitts.AWesfm jlstwkiNov 38,881 10,994 1.7(12.1. 1' P'rtRoyal AAuir. .\ iiKiist 22.162 15,S05 21«,.='89, Pt. R'alA W.Car.lAuifu-t ... 15.363 24,937 203.418 Preacott. A Arlz.,Octoljer. 10.914 101,880' 7,176 Rich. A AUeKhy. Sepfmher. 36,287 62,823 4 8, 09, 1 1 KAW.P.Tcr.CoRich. A Dauv. October... 563.3 Va. Mid. 1)1 v.. October.. 366.000 A A. Olv.lOctobcr... 115.750 A Or. 1)1 V October 69. soul West. N. C. l)iv October ... e-.'.s'io; W. O. A W.Dlv. October . 12.200, Ash. A Sp. l)lv. jOcttiber . 10.900; Totjil all .Octob r . 1,000,300 Rich. A Pclcrs'c 8e, t'mber. l-'.720' C. C. Col. Chic. 43,49' 1.845,4771 1,87;<,176 Chic. Burl. ANi.. IScpi'iulier. 19.'^.792 17.-,0((2 l,:;,")fl,938 1.7.-<6.409 Chic. Bnrl. ,t O iScpfinlpcr ;2.475.144 2.464,924 16,58^.313 -^0.290,934 Chic. & Kaxt. Ili. 1st wk Nov 47,703 53,2i( 1,8.1.41'-, 1,7:)9,819 ClUc. Aliid. (JoaiUstwkNov 10,51i) 11,020 439.0651 3 2,217 CUlc. iMiL.tSI.P. list wk Nov! 037.000 OS.I.gtl 20.61 1.500:20.8 14.068 " "• " Chic. A N'tliw'n |^^optinbl-^ 2,714,274 2,853.61 18,636. 57 19,5l:-'.756 Chic. A Oh. Rh O.lolior... 0,035 5,J0-.49.3;)0 56.!)C8 Ohlc.St.P. AK.C. OctolHT.. 270,571 237,: 20 1,869,975 1,351.018 Chlc.St.P.M.iO. Stpfuiber 650,802 702,1811 4.601,206 4,849.015 Chic. A \V. .Midi Ist wk Nov 24,- OS 29,903 1,213. 23 1.209.41)8 Cln.Iri(1.8t.l,.AC.'.\ii»fiint .. 241.876 237,453 1.700..571 1,7.17.504 Cln.Jack. 1.281.989 j 44,2411 41.721 21,1) A Rcad'n. |K.-pfiuber Coal A IronCo. |8ept'iiibcr 323.504 51,018 21 280 .fl''«.!>3l' 87,Ct- Phila. 8,51,5,839 1,51 '1.163 53..-, | 8,484,192 53,21u 1,569,087 , , 1,154.509 137.4.-0 148,484 130,337 310,835 472,017 110.718 85.039 Omaha A .St. L Scpl'nibcr. 28-,739 309,883 Orej^on Inii). Co .Sept'inljer 3.724.097 2,071,431 OroK. R.AN.Co. .Scpt'inlior. 623,0'iOi 487.246 4.507.272 3,805.306 Orei;. Short Lint .Se|it'iuber 244,248i 182.572 1.895,1 -•6 1.474.900 „ Pciuisylvauia. 8(pfiul)er 3,285,426 5,006.568 13,356,976 11,039,674 PcoriaDee.AEv.jlst wkXov, 11.469, 14.719 Petersburg Scpfm^ier 25,310 Sl.V.iiho 28,179: 266'.3V7 Phila. AErie... 8cpt'niber. 447.032 339.5'23 3.262.519 2,071,091 |October... l,-6-.946 1,948,287 A Potomai Ul 02 60,700 I71.26-* Ohio River ... IstwkNov Ohio Southern October Ohio Val. of Ky lat wk Nov . . , o.m:io! N. Y. Cen. A U.K. 'October. .1.5:<4,900:2'-i. 2-18 191 20,8io;o99 N.Y. L. E. A W. |Aii:,iiS',.... 2.44u.7'ii. 12.41 1.><:j1 I7.66H.146 17.240.608 N. Y. A Now EiiK. ;8cpt'nil>er. 301,128 484.232 3,924,202 3,710 071 N. Y. A Noilhern Itli wk Oct 14.654 l.'',276' N.Y. Out.,tW.. l.-twkNov 28,263 29.0771 1,459.2'S5, N.Y.Sns.A W.. Sept'uilier. 1.30.445 131.023 l,059,423i 1,327,888 008,197 Norfolk A West Ist wk Nov 103.205 106.810 4,143.2271 S.S08,8«S N'thcastni (8.C.) Alixust 34,730 32.373 410.182! 345,106 Northern Cent'l JScpt'mber 56t»,205 432.632 4.628.897; 4,679.180 Niirthcm P.uilic Ist wkNov 439,934 401,*-20 15,0113.141 ll.n4.22a OhloA.Mlss.... IstwkNov 75,1-6 93,304; 3,24><..^00 3.538.422 DaH. Allegheny Val. Total i7 30,572 98,533 118,' -li lc'^l^h•^ Beporltd. 11.1.870' wk Nov ,. ' 17 57,973 03.0- Mo. Ivan Samingt TO 411. r... ;""•'' lix Lalttt •1)1 I, 7,>*37 per copy. Roads. 111 1 V ' 31' 29 "k S IV Nov I-' 2:i 287. . I . . . . . . UonieW. AOk.. .\U(jiisi 3.'^:J.;i62' IstwkNov wk .Nov 8t. L. ASauFran. IstwkNov St.l'aiiKViOnlutli Oc olicr... St. L.A.Ar.ll. ,15s St.L.Ark.ATex St.P.Miu. A Man. October . Oal.llar.AS.A.jScpfiuber West. ,Scpt*iiiber lAuiis'a Morgan's LAT. .-^ep 'nibcr N. Y. T. A .\Ie.x. Sipfnib, r Tex. AN. Orl .Sept'n.ber. Atlau'csysten, .Sejit'nibei 3.760,618 1.526.7.56' 21.326' 75,752 775.121 81 9.182 300. .57 579.6:i9 462,075 423,131 703,56 J 743,^21 836,438 iOO.lSl 125 ,.5901 3..5S6.1I0 1.3-12,328 7,4-<5.<J7l 162.9621 972.600 1,061. SOO; ()-,!' 100,141 72,S36i 77,768 57,957 U5,638| 936.7331 163,628 74,112 463,167 8' 1.300 2.130.235 5.1-3.211 1.394,167 6.661.197 2.166.72:1 12I>.8S2' 4.832..M3 18,412; 3 '2 2iJ2,128 690.906 428.016 579.705 11,81 O, 101.803 100.165 10,158 95. .492' 61.173 9ll.300i 7.242..892, 6,798,303 195.09:' 10.2851 172.316 317.774 2.152.276 2,023.145 82.888, 320.495 83,298 388.908 ^2 326,:)49; 127.9-8 12,831 75,000 100,838 n.fi03..531 711. «27 190.055 109.228, 65.80I1 62,3041 17.400 1st S.Ant.AAr.Pas,t.|Oi::oliiT. Scioto Valley Hipi'mbcr Seab*rd A Roaii.;Scpl*ni''er Seattle L.S. A E. ISepl'mber Shenandoah Vai October... South (^'aroUna Scpt'uiber. So. PacinoCo.- 537.800 151.000 1 l.-.:85.18.. 96,643 112,257 295.09 72, 36 373.838 17,102 109,993 871,266 (69,180, 2,746,460 690,2 l-J 3,519,987 96, 105 1,036.279 8,089,1 421.947 2,383.558 607,836 2,954,907 123.20O 917,023 40 6.991.421 Paciilc system Sept'niber 3,138.0.88 2,.34<',5.*7 23.933,4 1 4 20,500.078 ToUilofall.. Sepl'mber 4,074,821 3,411,823 34,022,4 .3 27,492,400 So. Pae. KR.— .. No. 1)1 v. (Cal.) August 217,24r, 16-,071 1.313.076 1.127,.580 So. iJlv. (Cal ) August 542.207 494,132 4,442,809 2,678,145 Ari/.ona l>iv Aiii;ust... 16.'.3u7i 12 .',4 18 1,44-1.067 1.087.318 New.Mcx.Dlv. Auijiuit Spar. L'li. A Coi .VuKust... 8tulenl8.Rap.Ti Octolier. Suiumit Branch ictobcr .. Sutro runnel. .. Scpt'oiber. Texas A Pa<^illc Isl wk Nov ToLA.A.AN.M'h IstwkNov Tol. A Ohio Cent. IstwRN.v Tol. P. A W.-st l8t wk Nov Tol. St.L. A K. C Sepfinlier .. . S.p 'mbcr 5 10.230' 6.8031 62.3071 131,>>77 11.97(« 146.85:i l-',-'12 23,375 17.803 . Union Pai'iUe 8-',812l 60.50.'. . I^O.O' 2,0H7.UO.'. Valley of Ohio.. October... tiL',i| .!, IstwkNov 06,678 701.267 Wab. Western... Wab., E. of .Miss Augmt ... West N. Y. A Pa lat wk Novl Western of Ala Bepfmber. Sept'mlier ;We8tJer»ey W.V.Cen.4Pltta 8i pfinber WbeeliiiKAL. E. IstwkNov Wil. Col. A. Aui{. Augiist II Wisconsin Ceil. * And branohea. t Iiiclndrs .. UtwkNov ; ; 6/,000, a:4,39i llO.s ,6 67,51:: 086.;i99 1. 6.18 (.3.9- 1 80>.(i:i9 1.221.-3. ,«.469l 212.81.7 183,2,51 3.200. 110 S65,.il3 11.803 172,-ls 21,843 22.806 l,01.i,3i.2 759.140, 184.775 42.!)30 753,172 l.OSi.636 180.273 4,9111.078 44!l,l i:> 8--..',i;.i 8ii',-<.,.. 4-..662 ,7j3,9-0 1.J92.90.'. 20.' 81.843 17.714 5 ,,30^; ,,,..Mi;i 124,r;l4| 4.8 703,1,38' 4.1I 37,1 0! 52.4;o<l i:..ii4:< 14 .Mj 46,3 *(. 75,171 74,18; 4!>.2-'l; Mezloui eoirenor. 2.7(1.- 317.1 1; 1.21 1.767 47.15-1 8 13.-..0I I I 4<i5.:470 71.'.«lll 4:.2.i,<:;t 3, 2- 1 All 991 ,!.)ii,-.'70 1,167.152 .: 69.676 6J1.,V27 413.727 3.183.366 Mam inrtwlll . whole systouj from Fort Wortlk to Denrar, bat not earning* on Joint track— Pueblo to Xnniilad. - THE CHRONIOLE. 692 Latest Gross Earnings by Weeks.— The latest weekly earnings in the foregoing table are separately aummed up as follows. week of November there is a loss of 4-77 per cent in the aggregate as compared with the same week last year, For the first 39 out of the 60 roads reporting have contributed to the decrease. The Presidentiar election doubtless in part explains the generally poor results. and Atlantic & Pacific Bullalo KocU. & Pittsburg. Cairo Vin. & Clilo 65,827 S4,982 16,432 306.000 38.311 47,703 10.540 637,000 24,868 9,921 62,958 32,182 19,009 10,963 18,216 7,016 39.192 5,889 6.183 72.776 147,000 27.475 19,224 116,138 3,843 14.213 41,146 42,806 3,745 4,971 6,169 3,376 43.795 17,555 293,735 43,117 55.133 30,620 78.774 58.996 21,280 28,265 103,205 Canadian Pacinc & Atlantic & East. Ills Chlcajro Ind. Coal Chlca^ro Mil. & St. Paul... CUlcaaro & West Mich Cuioumati Jack. &. Mack. tan. N. O. & Texas Fac... Alabama Gt. Southern New Orleans AN. E Vlcksburg & Meridlaon. Vicksbiu'K Shrev. & Pac. Mnclnuati Rich. & Ft. W. Chicago Chicago <fe Cln. Wash. &. Bait Cleveland <Se Marietta Ool. & Cin. Midliind Col. H. Val. & Toledo Denver & Kio Grande Denver & E. Grande We st. B & North EastTenn. Va.& Ga Detroit Lans. Evansville Evansville Flint & Indianap... &T. & Pere H Marquette.. Orand Rapids dtlnd Otherlines Kanawha & Ohio Keokuk & Western EUn);stoni& Pembroke... Lake Erie A Western l<oulsv. Evans. & St. L... IjOulBviileA Nashville & IX)ul8vlllB N. Alb. Chic. Louisville N. O. Texas. Memphis Clia'-leston... Mexican Centi'al Milwaukee L. 8h. West. & & & Milwaukee & Northern... New York Ont. A West... Norfolk (feWestern Korthern Pacitic Ohio & Mississippi Ohio Elrer lio Valley ot Kentucky. Peoria Dec. & Evans Pittsburg & Western Bt. L. Alt.&T.H..branches 4.59,934 75,186 11.412 2,455 11,469 3S,8S1 17,400 82,888 127,988 140.853 16.212 23,375 17,803 106,678 67,000 15,649 75,171 O fit. Bt. Louts Ark. & Texas... Louis & San Fran Texas <& Pacitic Toledo A. A. & No. Mich.. Toledo & Ohio Central... Tol. Peoria & Western Wabash Western Western N. Y. & Penn.... Wheeling & Lake Ene WUconsin Central Total(60 roads) Xet decrease Increaee. 1887. 1888. Itl week of November. 3,966.903 Decreofe. 11,485 8,399 480 ... 1,069 500 6,029 2,388 993 966 31,500 3,475 3,468 156 1,728 1,997 9,444 6,660 352 190 1,136 496 711 5,948 57,125 3.631 2,840 19,952 19,759 315 212 812 3,605 58,il4 18,118 1.816 154 2,301 3,280 2,113 3,926 14,749 40,994 21,326 75.752 126,882 183,281 11.805 24.843 22,806 124,794 57.400 7,136 1,106 1,468 5,003 18,116 9,600 1,107 985 4,165,523 108,441 £07,061 198.620 — r—Jan. 1 to Oel.ZX.—. October. 1888. 1887. 1888. 1887. Roads. * Baltimore & OhioLines E. of Ohio R. Gross. l,<IOi,046 1,480,534 Net... 554,635 605,683 rjnes W. of Ohio R.Gross. 463,900 467,753 Net... 134,871 137,612 Total whole sys,tcm.Gross. 1,867,946 1,948,287 Net... 689,506 743,295 Kash.Chat&St.Louis.Gross. 282,620 265,024 2,578,583 2,520,810 Net... 117,846 114,917 1,057,026 1,132,073 Ju'y to Oct. 31 ) Gross. 1,088,568 1,066,530 4 months JNet... 454,813 490,050 £ummtt Branch Gross. 131,877 172.818 1,221,832 1,088,636 Net... 25,.544 71,214 181,037 88,851 Gross. 95,953 115,^79 LrTkens Valley 845,540 623,987 Net... 5,494 30,307 def. 16,287 defl0t),532 September. Jan. 1 to Sept. 30 1888. 1887. 1888. 1887. Pac. Gross. Net... . Grand Trunk of Can. Gross. Net... Cliio. Det •Kan. & Grand Tr... Gross. Gr. H. Wy. & & Not... MU.. Gross. Not... No... Gross. Net... April 1 to Sept. 30 > Gross. Bmonthe JNet... touts v.N.Alb.A Chlo.Gross. Net... C. 105,711 def. 298 — , 130,81S 831,261 34,135 def. 35,627 £ £ £ 362,315 123,316 50,255 10,526 21,338 6,445 390,708 143,328 61,226 18,226 23,861 8,572 2,725,601 $ $ 7t>8,808 479.070 113,433 167.910 39,511 $ 982,848 88,859 2,134,610 931.335 51?,500 135,007 181,610 41,796 $ 30,209 12,641 161,868 71,521 234,895 111,871 223.494 86,099 345.586 108,288 43,203 22,919 168,311 367,945 116,815 61,385 6,635 244,248 ..Gross. 1 to Sept. 30 )J Gross. 12 months.. jNct... Richm. & Petersb'g Gross. 18,720 . . o,8n Net... def. 30 )? Gross. 12 months... 5 Jan. 1 1888. . to Sept. 30.^ 1887. Net... 1,180,625 236,772 423,483 137,942 3,434,219 1,498,386 1,118,034 183,794 341.710 27,879 4,167,102 1,572,512 139,337 l,6f8,938 1,283,982 14,749 df. 114,913 158,721 182„572 1,895,126 1,474,909 79,785 849,912 501,055 28,179 315,850 266,377 df.20,599 90,835 85,447 410,103 348,346 138,122 118,554 195,091 172,516 20,285 68,125 del. 334 54,»28 254,164 224,389 85,416 96,014 Co.— So. Pacitic PaoiUc system Total of , Gross. Net.. Gross, Net... all. r Roads. So. Pacific RR. Co North'u Div. 3,138,088 2,1540,557 25,933,414 20,500,978 1,280,831 1,132,513 9,44B,50a 9,284,070 4,074,821 3,411,823 34,022,435 27.492,400 1,573,074 1,425,187 11,658,073 10,959,407 Auguit. r-Jan, 1 to Aug. 31.-% 1883. 1887. 1888. 1887. . — (Cal.). Gross. 217,245 168,971 1,313,076 88,739 580,495 494,132 4,442.809 262,920 1,073,366 122,418 1,448.067 50,222 277,010 51,658 686,399 23,194 187,846 Net... 111,919 South'n Div. (Cal.). Gross. 542,207 Net... 111,983 Arizona Division... Gross. 162,397 Net... def. 3,613 New Mexico Div... Gross. 8.5,812 Net... 26,096 * Not including earnings from U. Chicago St. Paul & Kansas City. S. 1,127,580 519,823 2.678,145 920,029 1,087,318 473,861 484,775 217,92* mail or rental lor trackage to ANNUAL REPORTS. nanhattan Elevated. ("For the year ending Sept. SO, 1883.^ At the smiaal meeting of the shareholders of the Manhattan Railway Co. the following Board of Directors was elected : Chapin, Sidney Dillon, Cyrus W. Field, Jay GouH, Geo. J. Gould, Edwin Gould, R. M. Gilloway, John H, Hall, J. Pierpont Morgan, Russell Sage, Simuel Sloan, Simon Wormser and S. V. White. The Directors elected the following offlcfrs: Jay G.iuld, President; R. M. Galloway, VioePresident; D. W. McWilliams, Secretary and Treasurer. The report for the year showed the following results W. C. : 4,107 14..542 l.n6,499 1,679.500 598,706 60.^.071 1887-8. Gross earnings Operating expenses. $7,000,567 $7,426,216 $8,102,662 $8,073,871 3.967,983 3.960,191 4,970,450 5,201,050 Net earnings.... $3,032,584 $3,466,024 $3,132,212 $3,472,821 1.459,043 080 1,806,393 1,554 1,554.080 and rentals. Interest il,578,13z $1,918,741 ,...$1,573,511 $1,659,631 Balance 1,560,000 1,560,000 1,560,000 Deduct dividends 1,300,000 . . $18,132 $618,74 Surplus $13,541 $99,631 Out of this surplus, $513,770 lias been paid out In settlement o damages to property. The following is a statement of the number of passengers carried on the elevated railroads in New York, and the gross earnings, since the completion of the roads : * 1878-79.. 1879-80.. 1880-81.. 1881-82.. 1882-83.. Passengers. Earnings. 46,045,181 60,831,757 75,585,778 86,361,029 92,134,943 $3,.526,825 4,612,976 5,311,076 5,973,633 6,386,506 A comparative statement of lines in the past Passengers. 1883-84.. 96,702,620 1884-85.. 103,354,729 1885-86.115,109,591 1886-87..158,963,232 1887-88..171,529,789 passenger <SfH(. Second Avenue Third Avenue Nhith Avenue Total 30, 1883. 32.290,953 68,308,460 53,115,985 17,814,411 Sixth Avenue The balance trafiic Earnings. $6,723,832 7,000,566 7,426,216 8,102,662 8,673,871 on the several two years makes the following Tear ending exhibit: Year ending Increase Sept. 30. IHbT. 30,532.079 66,575,'"54 45,204,992 16,650,717 '88 over'87 1,758,874 1,733,006 7.910,973 1,163,694 171,529,789 158,963,232 12.566,557 sheets of September 30, 1887 and 1888, were as below given BALANCE SHEET SEPTEMBER 30. 1888. $14,014,000 Assets— Cost road and equipment Stocks and bonds 12,291,fiO0 Real estate Supplies Due by agents Due by companies and individuals Cash on hand Sundries Profit and Bills 992,195 223,921 192 1,400,792 130,326 490,746 — lossdefloit $29,563,672 Total Liabilities— Capital stock Capital stock preferred Stock agreement 1888. $25,210,770 500 payable lutRrest Dividend Due wages and stipplies Due companies and individuals . 80,230 I,2a0,351 419,946 203,758 826,578 00,968 Bonds and moi-tgages 2.^9,400 Sundries 678,248 560,923 Profit l,fi82,183 1886-7. 1885-6. 1884-5. 36,428 74,186 104,001 10,515 108,957 25,310 Net... def. 8,912 Petersburg 2,104 P,827 1,314 Net Earnings Monthly to Latest Dates. The tables following show the latest net earnings reported this week, the returns for each road being published here as soon as received, but not kept standing from week to week. The figures cover the latest month and the totals from January 1, and also the totals for the fiscal year on those companies whose fiscal year -does not correspond vith the calendar year. & . 588 46.748 57.973 50,572 98,533 58,681 21,068 29,077 106.810 401.820 93,304 9,566 , Net... Gross. Net... Mexican National.. .Gross. Net... Oregon Short Line. Gross. Net... Guadali^ara Div. Oct. 1 to Sept. 5 2,471 3.50,860 . Net... Gross. > 3 months JNet... Uexican Central... .Gross. 5,125 (1-77 p. c).. ttoads. Denver. So. P. July 1 to Sept. 30 Oct. 5,186 5,577 16,210 50,590 49,466 4.097 5,161 7,305 2,880 43,081 23.503 — s Roadt. Memphis & Charles .Gross. 574 3,000 5,ft71 . — September. 1888. 1887. . $ $ 54.342 43.381 17.006 3C3.0OO 43,497 53,280 11.020 635.931 29,993 10,421 68.987 32.177 16.538 13.351 17,628 9,120 48.019 7,203 7,176 73,742 178,500 24.000 22,692 115,982 [Vol. XLVII. and loss surplus Total $29,563,672 $27,852,687 NovaMBKH THE CHRONICLE. 17, 1888,J ChiMgo On another pa^e will be found the report of the Preiiidnnt company for the year ending June 80, eivind all dereKanl to the prog;rei8 and condition of this propjrty, without which details its mere statistics would he of little use. Like the leadinx Western r.ads, it shows the ciTect of th > Ute war of rates, but, unlike some other companies in the same territory, it shows a continuous increa'te not only in frei)<ht tonnage and passenger mileage, but also in gross earnings, and that, too, notwithstanding the drawbacks pertaining to a road which, for the period under review, was only bait com- of thii tails in plete. Mr. Stickney's remarks are worth noling on the Inter-State the yoke which it has imposed on railroad managers. The law ought to be fair for both sides, ami the more the subject ia ventilated and the public educated to understand the point of view of both railroidg and people, the sooner the friction and uncertainty will be removed and the law amended and crystallized into proper shape. This system, starting in 1885 with the Minnesota & Northwestern Railroad, which set out to give the Illinois Central a connection to St. Paul and Minneapolis, has become an independent system of 813 miles owned and S8 miles leased, covering a territory of great importance, as may be seen by its map in the Investors' Supplement. Out of eight leadmg Western railroads operating in parts of the same territory only the C. S. P. & K. C. shows an increase in its gross earnings during the first nine months of 1888. The following is a summary of operations during conatruo _ tion from Oct. 3, 1885, to date, showing the progress made in various directiona in spite of drawbacks of unflaished road Commerce Act and and low rates 9 mos enrlinff Year ending June 30. 188d. JuneSO, 18S7. Gross receipts Oper. nxpense>, and Insurance Temr ending June 30,1X83. f28a,G23 *l,21ti.410 $*J,315,517 199,485 799,911 1,816,523 $93,137 92,000 $116,499 345,170 $l9^,903 taxes Net Income Interest n<J5,7i!5 Rentals. 163,826 Balance. $l,137or At. - mUeaj;e owned andoiwrated Gross earns, per mil'». PasaeuRcr luileage $ J60 SSajr $71,338er 109 8S5 $',247 8,199,490 3 000 71,164,2a8 1-260 $2,684 2,070,489 K'.to perpass.pr.milo.. 3-03o Tonnage mileage 16,293,297 Rate per ton per mile.. l-23c . - 608 $3,703 22,350,472 2-34C 187,092,5<i5 •8000 Including $64,001 59 brouglit fonvard. GENKKAL BALANCE SHEET JCTNB 30, 1888. Autis. Costof roatl, including terminaU $39,8.75,501 Cost of e^iuipment 2,0O5,y7« Carrent accounts receivable, fuel and other supplies on hand 497,783 Cash 626,370 Balance of income account 260,353 $43,246,191 Ziabilitiet. First mortgage bonds, M. & N. First mortjcago bonds, C. St. P. W. RR. Co Income bonds $9,628,000 8,580,000 7,9Sl,70O Stock 14,S',t2,y00 & K. C. R'way Co Tliree-year notes due in 1891 1,200,000 2,100 Coui)OU8 due January 1, 1888 Coupons due July 1, 1888 Voucliers, payrolls and current accounts... 448,250 613,241 $-13,246,191 Chicago & Atlantle Railway Company. ("For the year ending June 30, 1388.^ The figures showing the earnings and expenses of this company for the year ending June 30, 1883, were in the Chronicle of Nov. 3, on p. 530. The pampalet report has now come to hand, and from the remarks of the President, Mr. Jas. H, Benedict, w« have additional particulars. It should be understood that the company is in fact piying interest on first mortgage bonds to the amount of lf6,825,000 at 4 per cent, making $373,000. as 4 will be the rate under the reorganizition pl.n given in the Chronicle of March 19, 1887 (V. 44, Ttie interest charge elsewhere given in the report, as p. 309). also in the rt turns published in the Chronicle of Nov. 3, make the interest ^charge |390,000, being the full amount on the first mortgage bonds at 6 per cent, which is nominally the amount char^e<ible till reorganization is completed. The suit for fi reclobure of both mortgages is pending and argument has just taken place in Chicago to procure an early decree of sale. The following statement gives evidence of the steady growth of the company's business, both through and local, MEHCIlANDrSB FKEIUUT (EXCLUSIVE OF COAL.) Years. Local Local Lr>cal thron^ili TliruHch 188.V6 1886-7 18b7-8 1885-6 1886-/ 1S87-8 rate per ton per mile, Tons. 275,1549 324,371 565,697 466,709 672.471 015.282 Jtevenue. $253,352 343.992 528.825 458,173 789,063 830,490 Salep. p.l.p.m. I. 0-725 o. 0-884 0. 0-745 0. 0-363 0. 0-j36c. XUrough 0-.^02 c. Average all freight (Incl. coal) 6-511 o " The increase in revenue from local freight in 1888 over 1887 was over 50 per cent; and through the continued incr«a»e of this traffic alone we must hope to realize the highfr average rates per ton per mile on all traffic enjoyed by the oldtr Chi- cago 69» Pant A Kanwu City Kailway. (For the pear ending June 80, 1888J St. lines. Sw »25o".0ob.^ irrATKME.-.T ur •"'• Tncf«aaeaoor net •mntngm ' icAKiiiaoi aru (xrainM ro« the WorklOK exprnsei man tiam. rAirr 18R6-7. OroM Mmlnga •I.^M-tai (laolnd. taxei) 1,108,'364 l»l»7-». •l.»S2>M 1,482,416 Not eamInK* ~$277,16« •010,127 Percentof work'gexp. toeitm's. go 74-32 70-M The following is a brief income acoonnt for the year ThenetearnlDOT for IBS') («• above) Cash reoclved from other souroea than eamlogs.."..,,.;..."... iwo I** gfll^JJ Wa?,*!* Applied substantially as follows: luterosr on e-|iiipnient truHt bondR 97 tiia ""' "'">•'«»«« oou,i,M.::":-j:".::::r273i3S a &Ti'nd'."r"Dt"^™'''"' C. O. Ind! sinklnjr fund ".'.'.".'.'.""'.'. A W. Int. trustee's fees A W. ^8^ "Z-t Equipment aooount, looomotlvea " " K<|iupment account, oars .'JJ,' •.•.••• „ conotructlon acoonnt legal expenses Honey deposited to Indemnliy •nretiei"I"'.'.H".llli;ii;"''.'"* New Kxtra ''°"'' aSi ?5y tv^ TTi tjSoa $627,33* GENERAL INVESTMENT NEWS. Bell Telephone.— The importance of the recent United Supreme Court decision appears to have been somewhat overestimated in the market. This decision merelv States fettled the patentee point of law that the who swears Government may sue • be falsely in obtaining his patent that bplieves himself to be the first inventor of the thing patented. This allows the case to be tried on its merits, but leaves all the proof of fraud to be made, which proof the Bell pcopl* say cannot possibly be made. Called Bonds.— The following bonds have been called for payment Northern Pacific—289 of the general first mortvaice bonds have been drawn for the siLking fund, and will ha paid by the Central Trust Coqjipany on presentation, at 110 and accrued interest, interest ceasing January 1, 1889. The numbers of the bondsdrawn are given in the advertisement in another part of this issue. Lehioh Valley.—The £1,000,000 sterling or $5,000,000 gold sixes class A consolidated mortuage bonds, 226 bonds, numbered as below, will be paid olf at 100 on Dec. 1, 1888, when interest will cease: Nos. iO, 83. 114, 115, 117. 150, 190, 204, 225, 227. 240. 255. 277, 295, 360, 367, 369, 370, 400, 410, 437, 507, 511, 525, 570, Ssa! 591, 613. 650. 652,670,677, 70'2. 707, 713, 718, 74». 760. 776. 84©! 850, 863, 870, 896, 907, 923. 936. 977, 984, 1.024. 1056. 1 OTbL " 1,117, 1,118, 1,184, 1,212, 1,231, 1,256, 1,283, 1,270. 1.277, 1J04. 1.316, 1,322, 1,.332, 1,351, 1,375, 1,381, 1,405. 1,«54, 1.460. 1,4S0, 1,490, 1,484, 1,612, 1,529, 1,568. 1.604, 1.608, 1.624, 1,648 1.72«. 1,739, 1,740, 1.749, 1.751, 1,794, 1.817, 1,859, 1.870. 1,171. 1.878, 1,902, 1,922, 1.935, 1,950, 1.95.», 2,007, 2,030, 2.042. 2,047 2.072, 2,080, 2,089, 2,098, V.IOO, 2,101, 2.154. 2,171. 2.17S, 2,19f 2.230. 2,233, 2,276, 2,288, 2.333, 2,349, 2.351, 2.SB1, 2,378, 2 382 « 461' 2,48fi, 2,495, 2,497, 2,501, 2,511, 2,533, 2.,5:t4, 2.5.15, " '-r.3 2,577, 2.590, 2,(105, 2,619, 2,625, 2,- 22, 2,729, 2,747 -o' 2,946, 3,003. 3,040. 3,084. 3.093, 3,l(i2. 3,149, 3,238. 1.7, 3,320, 3,348. 3,350, 3,379, 3,412, 3,428, 3,439. 3.479. .i..-, ...M)ii, 3,525, 3,540, 3,548. 3.568, 3,602, 3,613, 3.650, 3.664, 3,672. 3.676, 3,681, 3,684, 3,699, 3,716, 3,725, 3,729, 3,766, 8,792. 3,8(>1. 3.809, 3,822, 3,864. 3,878, 3,921. 3,928, 3.985, 4,002. 4.045, 4,080. 4.096, 4,134, 4,139, 4,147, 4,149. 4,160, 4, 164. 4.107, 4,211, 4,264. 4310. 4,372. 4.400. 4,416, 4,424, 4.431, 4.492, 4,536, 4.654. 4,.577. 4.578, 4,594 4,601, 4,666, 4,692, 4,705, 4,728, 4,737, 4,812, 4,89S, 4,864, 4,913, 4,953. 4,973 4.990. " - Chiengo Sc Atlantic— Mr. Turner, of Turner. McCIure ie Rolston, counsel for the Farmers' Loan and Trust Company in the suit for the foreclosure of the Chicago Atlantic's two mortgages, has returned from Chicago and states that the arguments have been closed, and the case (aken under advisement by Judge Gresfaam without any intimation as to how long he will take to decide it. The Chicago & Atlantic operates 270 miles of road from Chicago to Marion. The first mortgage was made in 1881, and is for $0,500,000, and the second is fcr $5,000,000, made in 1888, but not all is$aed. The interest on the mortgages was in default November 1, Messrs. Johnson 18S4, Sclick, of Chicago, appeared for the Chicago At'antic Company and diJ not resist the foreclosure. They, however, gave proof that the Chicago Atlantic is earning its operating expenses and interest charges on the first mortgage bonds, as may be seen by the annual report on another page. The suit for foreclosure is in pursuance of a plan for the reorganizition of the bonded indebtedness of the road, which provides in part for a new issue of bonds of $13,000,000 in amount, bearing 4 per cent for fire years, 8 percnt thereafter, W. and $100,C00 only ot gold, guaranteed by N. Y. L. E. stock to be held by that company; there will also be $10,000^000 of 5 per cent non-cumulative income bonds. Mr, TnrMT says there is no probability of a change in the plan. & & & & & Mahoning Tallej.— The consolidated 5 per company to the amount of $1,500,000 wer* week on the New York Struck Exchange. The pro- CleTcIand St cent bonds of this listed this ceeds from the sale of these bonds will be used to doublc-tncsk the road from Cleveland to Youngstowo, Ohio, and to construct additional terminal facilities in those cities. Very (oil details concerning the property are given in the app!ioati(i» THE CHRONICLE. 594 to the Exchange to list the bonds, and for purposes of reference and record the application is given in full in another column of this issue of the Chronicle. Denver South Park & Paciflc—The Central Trust Company has begun a foreclosure suit against this road in the U. Court in Colorado, on the consolidated mortaiage of $2,500,000, and interest, which has not been paid since January, 1884. An effort is being made to settle the matter without further proceedings in court. S. District Internationnl & Great Northern.— It seems that the A & in default. — Missonrl Kansas & Texas. A press dispatch from Waco, Tex., Nov. 13, said a road from Dallas to Wano will be conBtructed at once. George A. Eddy and H. C. Cross, receivets of the Missouri Kansas & Texas, arrived here this evening and completed the arrangements. This road connects at Dallas with the International & Great Northern R«lway. — Nashville Chattanooga & St. Lonis. The gross and net earnings and charges for October, and from July 1 to October 81, were as below given: October. . Netcamlngs Improvements July 1 1888. to Oct. 31. $454,813 $292,637 23,832 $4110.049 $316,469 $138,344 $298,385 $191,664 $67,731 $47,186 EARNTNGS. Passenger transportation $1,068,530 576,181 $247,263 51,122 Mail service Express service Other sources Sept. 30. Salaries Other general expenses Total operating expenses, being 82'43 p. 1887-8. 1^86-7. $1,569,590 3,242,082 Neteamings $1,172,146 9U8,178 $1,327,508 "292,273 Balance, surplus $173,968 $1,035,235 Does not include any Interest on bonds in 1886-7. * New York New Haven & Hartford.— From the quarterly returns to the New York State Railroad Commissioners the following statement is made up Gross earnings Operating expenses for the years ending Sept. 30: 1887-8. 1886-7$9,766,554 $7,724,353 6,822.528 5,274,670 Net earnings Other income Net income Interest, taxes and rentals Rentals paid $2,944,026 203,481 $2,449,683 165,815 $3,147,507 1,513,788 $2,615,498 861,606 $1,633,719 $1,753,892 New York Stock Exchange.— New Securities Listed.— The Governing Committee of the New York Stock Exchange haveaddfd the following to th^ list New Ohleans & Gulf RR. Co —An additional #100,000 first mortgage 6 per cent consolidated bonds, making totil : amount listed |] ,000,000. Richmond & Allegheny RR. Co.—Reorganization (Chesapeake & Ohio), Drexel, Morgan & Co. Receipts for second mortgage bend and for stock, sJilO $102,501 17,553 net earaings out, of Net Income over operating expenses and rents paid $84,948 Pittsburg Shenango & Lake Erie.— Financial arrangements have been consummated which encure the ext nsion of this road from Greenville, Pa., to Conneant, Ohio, on Like Erie, a distance ot 50 miles; about 40 miles have already been graded, and it is expected to have the whole work completed early in the coming year. This line will give Pittsburg Western or another outlet to Lake Erie vii the Pittsburg the Pennsylvania to Butler, and from that pMnt; over the Lake Erie to Conneaut. Pittsburg Shenango & & — Railroads in New York State. The following reports for the quarter ending September 30 have been filed with the R.R. Commissioners. —Manhattan Elenaled.—, Brooklyn Elevated.-~. — 1887. $2,021,936 $l,9^3,457 Gross earnings 1,082,714 Operating expenses. 1,117,826 1888. 1887. $223,567 143,961 $145,975 97,036 $48,919 $904,110 21,500 $870,743 21,566 $79,606 1,973 786 $925,610 rentals 544,156 $892,309 501,334 $S1,579 79,660 $.19,705 $381,454 $390,975 Neteamings... Other income Total Int., taxes & Surplus K. r. Chic. . L. — —D. L.<eW. leased lins.-^ 1887 18S8 1887 $1,131,984 912,244 $1,160,254 916,611 $2,3-13,870 $2,119,309 987,036 $219,740 249,828 $243,613 $1,3-7.509 551,249 $1,1-12,273 *48,991 def.$30,038 $194,652 $836,260 $581,024 Qrosseamings Neteamings.... taxes <t SI. 63,769 $1,918 def.$14,064 1888 Operating expenses. & rentals Surplus * No interest on bonds 996.361 551,249 asse.'sment paid. Cincinnati Hamilton & Dayton RR. Co.— Second mortgage A\i per cent gold bonds, due January 1, 1937, $2,000,000. VlKGiNiA Midland R.R. Co.— General mortgage 5 per cent bonds, guaranteed by the Richmond & Danville R.R. Co., is included. ^K. Gross earnings Operating exiienses. r. y. H. A Hart.—. Siiff. Soch. it Pitts.—. jQda 1887 1888. 1887. $2,69H,212 $2,168,.570 $493,371 $584,320 2,008,382 1,641,761 403,379 320,367 $689,830 126.660 $"^26,809 $173,004 133.904 2,793 $180,941 14,840 Total income taxes & rentals $816,490 .$660,713 334,86.J 216.765 $175,797 138,639 $195,781 116,569 Surplus $481,628 $443,948 $37,158 $79,212 Net earnings Other income Int., —The following a comparative statement of the earnings, expenses and fixed charges of this company for Sept 'mber and from January 1 to September 30. The total mileage is 5,926, against 5,535 last year. Southern Paciflc Company. Atlantic system Total gross Net earnings — Paciflc system Atlantic "system is .feptetiiber. Jan. 1 to Sept. 30.—.s 1887. 1888. 1887. 1888. $3,138,038 $2.540,.i57 $25,933,414 $20,509,978 6,991,421 936,733 871,266 8,089,040 . Orost earnings— Paciflc system' Surplus of earnings ...$481,158 c. Net earnings of 342 miles operated Int., $5,063,935 3,891,789 and rentals $109,288 41,752 79,434 187,555 25,189 19,812 18,126 , Oross earnings Operating expenses Interest, taxes 1,656 $583,659 OPEBATING EXPENSES. Maintenance of way and structures Maiutennuee of cars Mxtire power Conducting transportation Taxes in States — New York Chicago & St. < Lonis. The returns for the quarter ending September 30 will be found elsewhere under "Railroads in New York State." The year ending September 80 is now completed by these quarterly reports and the results are made up as follows Tear ended $198,667 349,845 18,218 15,271 Freiglit transportallon , $117,846 $114,917 $61,747 $74,549 8,457 5,984 633.755 period from Janu- etc., for : 1888. 1887. $l,088,5fi8 $83,006 $34,840 Total Surplus . $265,024 150,107 Gross earnings $282,621 Operating expenses.... 164,775 Interest and taxes . 1887. 1888. Earnings, operating expenses, ary 39, 1888, to June 30, 1888 XLVn. Total earnings International & Great Northern may soon pass into the hands Dallas paper, in referring to the matter, of a receiver, says: " No additional particulars have been received with reference to the applicition for a receiver fo- the International Great Northern which the telegnph columns reported was The meeting of filed in the Federal Court at Tyler Tuesday. the directory of the International & Great Northern, to have been held a', Palestine yesterday, was postponed for a week, but whether on account of the application for a reseiver or This application is under for other causes is not known.' stood to have boen made in a suit to foreclose fie second mortgage sometime [Vol. . . $4,074,821 $3,411,823 $34,022,454 $27,492,399 $1,280,831 $1,132,513 292 674 292,242 $9,446,.500 2,212,176 $9,284,070 1.675,336 Tot.ll net $1,573,073 $1,425,187 $11,658,876 $10 959,406 4i!6,154 46,681 Rentals leased lines... 298,730 1,627 Receipts other sources. Total net income... $1,621,381 1,385,442 'Fixed charges Net profits $235.?39 $12,383,560 12,460,212 (lef. $76,652 Includes int., rentals, additions and betterments. Cent. Pan. guar.' taxes and IT. 8. dues. St. Louis & San Francisco.— In regard to figures published for June 30th, 18SS, which appeared to show that the San Francisco Railway owed a floating debt. St. Louis making total amount listed $882 COO. Cleveland & MahOnino Valley RR. Co.— 5 per cent gold & bonds, due January 1, 1933, $1,350,000 coupon and $250,000 President Winslow and Treasurer Liliie authoiize the folregistered. lowing: "The company has no floating indfcbtedn>8s and no Toledo & Ohio Central RR. Co.— An additional $642,000 tills payable outstanding; it owes no person. Arm or corporapreferred stock, making total amount listed $3,750,000. tion any unpaid account, and the only indebtedness of this North Carolina State Bonds.— In the suit of Morton, description applies to the operating expense? for October, $500,000, & Co., against the State of North Carclina, on the special which are now being paid, in the usual course of bu3ine8s,out tax bonds, which was called for argument in the United of its ret earnings. The company also has a fund of over States Supreme Court last week. Justice Miller announced $1,!500,000 in m- ney, subject to use at any time. It is not enthat the Court was equally divided on the question, and hence (iaged in building extensions in any direction, and it owes desired to await the recovery of Juttice Matthews. nothing for the new equipment added>in the last year." Ohio Indiana & Western. The Chronicle has obtained Whitebreast Fuel Co. The annual report of the Whiteareport of this road's earnings from January 39, 1888, when the breast Fuel Company for the year ending June 30, 1888, shows company rtsunied possession of its property, to June 30, 18'i8, an increased tonnage of 201,183 ton?; net income of $344,343 a period of about five months. This was a part of the year from all sources, including $80,000 bonus on Colorado Fuel when some Western roads earned little more than their oper- stock. The company paid out $16,960 interest, $125,000 sinkating expenses, and it should be taken as no criterioL[or what ing fund, $91,000 dividends, and carried $11,383 to surplus acthe reorganized property will earn in a full year. count. The.dividends were 7 per cent. Bliss — — ^ November THE CHUONICLE. 17, 1888.J aud Mripovts CHICAGO ST. P AUL jQocutueats. & KANSAS To THE Shareholders i < 30. IHMH, : In preHenting the second annual report of the General Managt r for the operation of the railway for the year ending June !J0, 1888, the directors feel that there is reason for congratulation upon its general showing and the progress mnde. It inoludea ihe Minnesota & Northwestern Kiilroad, and covers a period when both properties were still under construction and incomplete. At the commencempnt of the fiscal year (July 1, 1887) there were in operation 479 37 miles out of 811 00. On August 1st there were opened for traffic nhout 26 miles from Oelwein to Waterloo, and about 90 miles from Chicago to Dunbar. Fiom August 1st to March Ist we were operating our own line from St. Paul to Dubuque, and then had to hiie the Illinois Central Company to take out trains over a circuitous route between Dubuque and Dunbar.where we again took them on our own rails for Chicago. This arrangement subji'cted the company to exceptional expense (which has been charged against income^ and to serious delays prejudicial to business. Of the 05 miles between Dunbar and Dubuque, 49-57 miles were constructed by the company, and a perpetual lease taken over al)out 16 miles of the Illinois Central Company, at three ptr cent of the agreed value, and over the Dunleith & Dubuque bridge (about one mile) across the Mississippi River. That bridge was built some years ago at a cost of $1,51)0,000, and this company has a perpetual tiackage contract over it at an annual rental of |30,"000. The 4n-57 miles built by this company were very expensive and d ffioult of construction a single mile, including a lunntl, cost over |600,000, and was scarcely completed by March 1, 1888, when our contract with the Illinois Central Company for the use of the circuitous alternative expired. The rails on this section having been laid after the frost was in the grcund, and the ground covered with snow, the ops rution of it during March, April, May and June was exceedingly difficult and expensive. The arrangement with the Illinois Central, between Dubuque and Dunbar, beina a temporary one, the company di not erect buildings at Dunbar hence its locomotives had to stand there without shelter, and it was necessary to keep men in charge, with fires to keep them from freezing. This cost heavily both for wages and fuel, and tended, to increased operating expenses. It is unnecessary to detail all the difficulties and increased expenditures incident to operating an incompleted railway, more especially as they are now over. The General Manager's report shows the average numbtr of miles operated during the j ear to be 608, against 355 miles during ihe previous year, or an increase in mileage 71-2 perornt Of The liiurease in Kroas earniii^'S has been 85-0 percent The incieaae in freight curriiUKS has b, en b7"6 per cetit The increase in passensrcr c:iriiiiigs has l)eea ...;.. 114 4 per cent i<0'9 percent The m( rvatc in lUiiil earnings has been 2521 per eent The iiicicase in express earnings has been ; t ; 7H-9 per Miseelhineoirs earnings decreased The increase iutougoiIreiKhtoarrled onemlle has l)een..l62 9 The increase in uruiiber ut pasfcengers carried one mile x>er ut ceut o« 172-6 percent has been 128-6 per cent The increase in operating ex^wuses has been The average rate per ton per mile receivtd for transporting freight has decreased 28^ per cent, and the average rate per mile for paesecgers has decreastd 23 per cent. The rates received during the preceding year were unusually low. llad the late of the previous year been maintuined it would $733,733 55 total of Which is approximately the reduction of revenue to this company on the year's operation owing to " rate cutting." Following is a summary of operations during construction from Out. 3, 1885, to date, showing progress made in various didrawbacks of unfinished road and low rates: I'eur enttmo 9 mot. endltm Tear enditig Junt 30, 1888. Junt 30, 1886. June 30, 1887. rections in spite of . Gross receipts ^^292,623 83 Operating exp'nses, taxes and Insur. 199,485 97 $1,216,410 45 '$2,315,517 33 09,911 14 1,816,523 86 $93,137 80 92,000 00 $416,499 31 345,170 77 $498,993 47 595,725 83 163,826 60 . Net inoomo. Interest '; Rentals Balance... Average »1,137 86or, > General Manager's report. AMALGAMATION WITH THE MINNESOTA * NORTH WESTEBIT The Chicago St. Paul & Kansas City Railway Co. was organized in May, 1880, to take over 115 inili-sof (xistingroad (Waterloo to Des Moines), and by extending them in connection with the Minnesota & Northwestern, to form the present system, and to unite more economically, i. «., with less mlle> atie and a smaller capital account than any other road, th« whose names make ap its title. 1, 1S86, the two companies have been connected as traffic agreements couM make hem. and from three cities From July as closely i have be. n m<inaged with one staff. In point of traffic the one was the complement of the other, the prtxlucts of one Section being interchangeable with those of the other. July 1, 1887, effectuate the amal.am>ition thirty days' notice was given, reiiuired by law, of meetings to be bolden on Dec 5 and 0, 18*7, at St. Paul and Dubuque, for the purpose of considtring the terms. To fas The meetings were duly held and the terms proposed by the board unanimously adopted by the shareholders present in person and by proxy, viz For the excliange of Minnesota Sc Northwestern pn ferred stock into five per cent ir.come bonds of the amalgaiiated company, and of the Minnesota ft Northwestern common stock into Chicago St. Paul & Kansas : City common stock. of the Minnesota The property & Northwestern was deeded mortga|;e liebt on Dec. 8, 1887, to the Chicago Kansas City Railway Company. The mortgage of St. Paul Northwestern being at the rate of $16,000 the Minnesota per mile in respect of railroad as against $20,000 per mile upon the Chicago St. Paul & Kansas City, powers wete taken before transfer to inscribe the Minnesota & Northwest, rn with a second mortgage at the rate of |t,000 per mile (but not exceeding f3,OW,000), to mkke the debt on eithtr property uniform, and such second mortgage powers duly vested in Kansas City Company for the benefit the Chi ago St. Paul of the aa.algamated concern. subject to & its & & CONSTRUCTION DURING THE PAST YEAR. The opening of the 160 miles constructed during 1887 from Des Moines to St. Jos- ph was delayed by snow storms, floods and uuusu :1 rain', which carried away several temporary bridges and caused the new cuttings to slide and the embank$590,885 76 142,817 70 ments to settle. The damage has Deen made good, and the bridges aie now being replaced with iron. The earthwork on have added to the lut earnings On freight On passengers A " It isctwtomary foiuwrlbeall thodir' linUlnlac equitable ratfs to thit operation of ll ''-otaak&nt Act, which HiiliHtitutca a new fun<i i>l«fortiM regulation of railways. The act h tb« pnexisting body of law and custom, an obform to It by railroad managers whose »t«(T i* educaletl upon oppowito principles has brought inevitable confusion. 'T*r\tln have t)oun in a state of chaos. TIiIh, rx'rhapH, hIoiiIiI not b« siirprising when we consider that within the di»tri<t covered by the railways leading from Chicago westward there are ar«r 200 junctions and coinix-titive pMnts, and that to make a nt« belw.en these junction points alone on a single claM of (reighl rt-qiiiros more than 20,000 8ep>irat« rates; further, as thrre ara 12 different clat-ses and commodities in the tariffs, thff» mtefl n must be multiplied by 12, making over 340,000 i' rates; add to this the rates between nor.-conipetl' s and it will run up to po-sibly more than l(X),0(M),OOo .^.ji.iniia ratt 8 to be worked out and acljotitid upon an entirely new basis. Tbe managers of the <lilTerent radways occupying this district have formed an association andt have devoted a larga portion of their time for many months to an endaat or (o readjust ra<es, and substantial progress has been made. On the 27th of September a restoration of rates t^ a paying basis between the more important points was agreed upon, to go into tffect on the lOth of October, and the Board o( Directors regard the outlook in respect to rates as very hopeful. The diversified character of traffic is shown in detail in the < CITY. ANNL'AL KEl'OKT i'OR THE YEAR ENDING JUNE 695 $71,328 54cr. mileage $260,558 96dr. 608 855 owned <& operated 109 $3,703 3,247 Gross earng'sperm. $2,684 22,360,472 f 0,400 Passenger niucsge. 2,070,489 Ratfl per passenger 2-340 3-000 3-030 per mile 187,092,505 71,164,238 Tonna-e mileage 16,293,297 -80Co 1-1260 1-230 Rate per ton p. mile Including $64,001 59 brought forward. The reductions in rates for the year are abnormal and due to the " war of rates " which has raged so fiercely duriug the winter and spring of 1888, and which has so seriously embarrassed many of the older companies. In these matters this ' company has occupied a conservative position. this stction is very heavy, averaging 37,000 cubic yards per mile, against 12,000 to 15,000 on an average prairie road. Your directo:s sanctioned the amount of earthwork in order to secure the best location, and the result is that your road succeeds in crossing the State of ISwa on a one per cent maxigrade. The traffic of the new division is likely to prove the most profitable of all. The com crop is believed to ho the heaviest on record and will begin to contribute fiom the new year onwards. Construction trains are running through October. The formal 11:88, and doing some little traffic in advance. opening will take place before the end of the year, after which the bonrls issued in respect of that division will begin to draw interest against revenue. Beyond St. Joseph the company has running powers over mum the Kansas City Wyat.dotte & N. W. RR., including thU company's bridge over the Kansas River and 83 miles of toaok between Kansas City and the bridge over the Missouri RiTtr at Ltavenworth. NEW SOimCES OF TRAFFIC. of encouraging the policy the pursued Your directors have estebUshment of new business enterprises, and more especially of manufacturing, at all points on the line. •Through their etforts the St. Paul Union btockyards have betn established on your road at South St. Paul, four mUee from the city. Two large pork- packing eetabhshmenU have been built, one is now in operation, and tie other Moot leady to commence. The cai^acity of the largest is 4,000 THE CHRONICLE. 596 A distillery which will fcogs per day, of the other 3,000. ooDsume about 10,000 bushels of corn per day will be completed about December, and a malt house of large capacity a barn in connection with the distillery tew months later. beef-slaughtering house with a holds 2,000 head of cattle. capacity of 600 beeves per day has just been put iu operation. These industries when in full operation will contribute a large amount of tonnage and revenue to your company. The distillery alone should contribute about $200,000 a year. The beginning of this business is illustrated from the following statement of the earnings of your road from the freight traffic of South St. Paul station : $6,406 21 January, 18:8 $2,310 20 June 7,498 93 4,603 39 July FWJmary 11,108 16 4,980 21 Aupust.. Marcli 11,428 87 4,434 90 September A-Prtl 17,170 54 5,597 49 October Miiy A A DAIRY INTEREST. Especial attention has been paid to developing this interest. Hilk is now hauled from about 90 miles into St. Paul and from about 60 miles into Chicsgo. It is hauled on regular TOSsenger trains, requiring little or no additional expense. The revenue from tliis source now amounts to about $5,000 per month and is rapidly increasing. Farmers find it profitable, and it is estimated that the number of dairy cows in the district tributary to the first 90 miles from St. Paul of your road has increased fully 500 per cent in two years. It is expected that the revenues of your company from this source -will more than double in the nf xt twelve months. The example at St. Paul and Chicago is likely to be followed at St. Joseph. MANUFACTURES FROM CLAY. "Within the last sixty days large deposits of clay on the line of your road, ninety miles from St. Paul, have been discovered, which, upon testing, have proven to be of very superior <|uality for the manufacture of brick, tile, roofing material, street paving blocks and pottery. Negotiations have been eoterf d into with one of the largest and most successful xuanufacturers in the United States, having already in successful operation large plants in Chicago, New York and Boston, to establish a plant on your road having a capacity to manufacture fifty car loads of brick per day, which would yield a revenue of about $150,000 a year in freit;ht. The directors expect to see this establishment in successful operation within the next year. LOCAL STATIONS. BOn tXDuntry. Substaniial progress has been made during the yfar. At stations where a year ago was only an open field, there sue now prosperous villages ranging from a few hundred up to in a few instancts 1,5U0 to 2,000 people. Movement is especially visible along the new road between Dea Moines and St. Joseph, and again in Illinois between Dubuque and Dunbar. r>nring the year the company has issued to individuals 115 permits or licenses to erect warehouses or elevators on its .ground at Ircal stations, which are now completed or in process of erection, and at all of the stations are ample accommodations of superior excellence for handling live stock, built and owned by the company. In conclusion, the directors desire to express their confidence in the future of your property, and their gratification at the progress and position already attained, wtiich are believed to be unprecedented in the history of new railroad con.Btruclion in this country. Bv order of the Board of Directors. A. B. STICKNEY, President. many CLEVELAND & MAHONING VALLEY. APPLICATION TO THE NEW YORK STOCK EXCHANGE. New York, Oct. 12, 1888. Gold Bonds, principal Five Per Cent Fifty- Y*ar Coupon Bonds of $1,000, dated January 1, 1888, mterest payaMe January 1 and July 1; Registered Bonds of %1,000 and $10,000, interest payable quarterly. Principal and f 1,500,000 due 1938. interest payable in gold coin of the United States, of or «qui»aleot to the present standard of wtight and fineness, without deduction for State or United States taxes, at office of the financial agents of the company in New York, where the coupon bonds can be exchanged for registered bonds. Present issue, $2,759,000; total issue not to exceed $3,000,000. fiecured by a mortgage to the Central Trust Company of York, as trustee, upon "all its franchises, lines of railways, leased railways, telegraph, equipment, rolling stock, rentals, income and aU other property pertaining to the said lailway company, now owned or in future to be built, leased or acquired," whereby these bonds cover 134 "85 miles of road, •With a general lien (subject to prior liens of $1,141,900) upon the 67 miles of double track from Cleveland, O., to Youngstown, O., including the terminal property at Cleveland and Tbungstown and with a first lien upon the il 14-S miles from Youngstovrn, 0.,to'Sharon, Pa, SS-S ml es ft-om Niles, O., to New Lisbon, O, V-VS miles Iroia Ubeity, O,, to Visima, 0. ^ew ; J, 4^-85 milet' The total debt, including the $1,500,000 now being issued, will be at the rate of about $21,000 per mile of road. By the terms of the mortgage and lease, the total issue is appropriated as follows To provide at par for boudB due August 1, 1893... $654,000 To provide at par for bonds due Sett. 15, 1896 487,900 $1,141,900 Sold, and proceeds to be disbursed by Trustee, under joint direction of officers of the company and its lessee, solely for construction of additional terminal facilities in Cleveland and Youngstown, and of double track therefrom 1,500,000 EeEcned for similar purposes, as may hereafter be agreed with the lessee 358,100 Total $3,000,000 The bonds and mortgage have been authorized by the stockholders of both companies and the lease has been modified by similar authority so as to increase the rental to the extent of 6 per cent on the cost of all betterments created from proceeds of bonds eold. The mortgage covers the lease, which ; can be modified with the consent of the trustee, but without reduction of the rental. The permanent additions and improvements now in progress have been requested by the le.-see for its benefit, and as necessary for the accommodation of the increased traffic. The Cleveland & Mahoning Valley Railway was leased to the Atlantic & Great Western (now New York Pennsylvania & Ohio) Railway ia 1862, and by that company is leased to the New York Lake Erie & Western Railway Co. The Cleveland & Mahoning Valley Railway is the only direct connection with Cleveland ot the Erie and New York Pennsylvania & Ohio Railway systems. The minimum rental paid by the New York Lake Erie & Western Railway Company for the New York Pennsylvania & Ohio Railway, including its leased Cleveland & Mahoning Valley Railway, is sufficient to pay all interest charges on the prior lien bonds of the New York Pennsylvania & Ohio Company, and a small dividend on its first mortgage bonds, as well as the rental due the Cleveland & Mahoning Valley Railway Company. until October 7, 1962, and the monthly in advatics in addition to amounts to the annual sum of The present lease runs rental, payabte $502,180 taxes, etc., (Including the increased rental corresponding to the $1 500,000 increased debt,) The annual interest charge, prior to the issue ot the new honds, was ^79,933 Annual interest, at 5 per cent, on $ 1 ,500,000 new 75,000 bonds new roads most of the local stations are necessarily located on farms where there are nosurrouoding villages, and none in the immediate vicinity. Before the road can realize tlie full value of the adjacent business it is entii led to, villages and towns must be built up, with merchants to sell groceries, etc., and to buy the produce of the surrounding all [Vol. XLVII. Total annual interest charge, including that on present issue 154,933 $347,247 Surplus rental over interest charges It is officially stated that the lease has been a source of profit Mahoning Valley Railway to the lessees, as the Cleveland earns more than the rental paid for its operation. Great During the numerous receiverships of the Atlantic Western Railway Co., and its several sales under the foreclosures of its mortgages, the rental due under the lease has always been paid in time to prevent the forfeiture of the lease. Mahoning Valley RailThe capital stock of the Cleveland way Company amounts to $2,759,200. Regular quarterly dividends are now paid upon the capital stock at the rate of 11/^ per cent per annum. The total dividends paid annually during the past sixteen years amount to more than 160 per cent an average of 10 per & & & — cent per annum. The mortgage has been drawn by Messrs. Briatow, Peet & Opdyke for the purchasers of the bonds. Cleveland, March 21, 1888. I hereby cerlify that upon examination of the books of tha Cleveland & Mahoning Valley Railway Company, I find the financial statements made in the foregoing to be correct, and I believe all the statements contained therein to bn true. E. E. PERKINS, Treasurer. Bristow, Peet & Opdykk, SO Nassau Street, New York, May 21, 1888. have exMessrs. Winslow, Lanier «fe Co. Dear Sirs: amined the mortgage, dated January 1, 1888, made by the Mahoning Valley Railway Company to the CenCleveland tral Trust Company of New York, to secure an issue of 5 per cent bonds of the railway conpany to an amount not to exceed find the proceedings of the Directors and $3,000,000. Stockholders of the railway company in respect to this mortgage to be in conformity with the requirements of the statutes of the State of Ohio, and the mortgage and bonds therein provided for to be in all respects valid and binding obligations Yours respectfully, of the company. — We & We BRISTOW, PEET & OPDYBJE. Referring to the accompanying documents, we hereby apply, on behalf of the Cleveland & Mahoning Valley Railway Company, for a quotation of the above described $1,250,000 of Coupon Bonds, Nos. 1 to 1,250 inclusive $350,000 Registered Bonds, Nos. 1 to 10 inclusive, and Nos. 12 to 26 incluand Registered Bonds into which said sive, of $10,000 each said Coupon Bonds may be converted. WINSLOW, LANIER & CO., Financial Agents, The committee recommended that the above described $1,250,000 of Coupon Bonds, Nos. 1 to 1,250 inclusive; $250,000 of Registered Bonds, Nos. 1 to 10 inclusive, and Nos. 12 to 26 incl., $10,000 each: and Registered Bonds into which said Coupon Bonds may be converted, be admitted to the regular list. Adopted by the Governing Committee November 14, 1888. ; ; NOVKMBBR m THE CHRONICLE. 17, ISaS.) COTTON. Ql/ommercial ^^imcs. xt U„ Nor. Friday, P. COMMERCIAL EPITOME. Fbidat N19BT. Nov. Thr Movkmrnt op from 16, 1888. General trade has remaiaed comparatively quiet without special feature, there b)iog little in commercial ailairs to call for Bpecial reference. The tendency of values has bean generally downward and speculation sluggish throughout the week. The crops are being moved nlowly; this is not only true of cotton, causing some anxiety regarding; the extent of the final outturn, but aho of wheat. Tha weather has been warm, though a killing frost is reported in some of the Southern States, and the temperature is now becomig cooler here. Lard on the spot has been dull until to-day, when a good demand sprung up and prices slightly recovered, closing steady at 7'90c. for prime city, 8 6538"70o. for prime to choice Western and The speculation in 8-S2*^c. for the Continent. lard for future delivery has been dull, but to-day a brisk demand for spot lard caused the "shorts" to take alarm, and a demand gave a-i upward turn to values, early options, and the close was steady. brisk covering cially for the espe- DAILY CLOSIKO PBICES OP LARD FDTDBB8. Pork has met with a better demand, and the close Qalveiton IndlanoU, New Sal. JTon. 3,836 0,120 is new mess and Stearine quoted 9}i@9}^o. and oleobut very quiet. margarine 7@ 7 }.^c. Butter is dull at 21® 27c. for creamery and 13@31c. for Western factory. Cheese is steady at 9@ lie. 6c. for State factory. Coffee on the spot has been quiet, but closes about steady, the sales to-day embracing Rio No. 5 at lijgc., and Jamaica at 1434'@145ic., with considerable lines of other mild grades on private terms. The speculation in Rio options has latterly been dull at drooping prices, but to-day made some recovery, closing steady, with sellers as follows: February Riw sugars inal ; March 13-20B I | April 13-20c. | May 13200. I I Jane 13-20o. | July August September — 13-20C. 13-20o. 13-20c. have been firm, but close quiet and nearly nomCuba quoted at 5Jgc. and Centrifugal, 96 fair refining Refinad sugars are quiet. Molasses is without dealings, except a jobbing trade in new crop New The tea sale on Wednesday went off at Orleans at 44® 50c. steady prices. There has been a moderate business in Kentucky tobacco at steady prices. Seed leaf has shown a good degree of activity, deg. test, at 6J^o. and sales for the week are 2,520 cases, as follows: 1,100 cases 1887 crop, Wisconsin Havana, 8@12c.; 250 cases 1885 crop, do., private terms; 4-30 cases 1887 crop, Pennsylvania seed, 9>^@ 12>^c.; 200 cases 1886 crop, do., 7i^@13c.; 100 cases 1887 crop, Pennsylvania Havana, private terms; 150 cases 1887 crop, State Havana, H@3l<!.; 100 cases 1887 crop. New England Havana, 13<g35c., and 20O cases sundries, 5® 85c.; also, 600 bales Havana, 60c.@$l 10, and 250 bales Sumatra, |1 10® $1 95. On the Metal Exchange to-day Straits tin was quoted easier at the close, after a firm opening, at 22-40c. on ihe spot and 22-55o. for February. Ingot copper opened depressed, but closed steadier, at 17'85c. for Lake, November delivery. Domestic lead sold for 3-65e. on the dock, closing firm. Domestic spelter nominal at 474C. The interior iron markets are fairly active, but show rather less spirit and strength than last week, Spirits turpentine has been quiet till to-day, when It became active and buoyant on Southern advices, the sales aggregating 850 bbla. at 45>'i®463^c., closing at the 6utside figure. Roelns also quite active to-day, the sales reaching 3,200 bbls., mostly ccaitao:: to gccd 3:ra.\.-.ed^ ?.t i?!®*'. 05 per bb!. Crude ^'ctro- loua ccjTtiaiwVM b»j» ifee-a MMW nwi. Wtd. Tutt. 4313 1,040 6,048 /w. IWai. 3,M1 304m Ifoblle 07 ar 8,344 22!397 13,666 1,380 900 1.208 0,388 13,748 1,383 1,101 75,300 7.777 e",872 oioi 6,704 8,074 6,083 44A^7 2,213 5,253 2,087 2,024 3.480 6,823 3,100 3,304 012 • 12 8.2B» 10,710 1,080 Florida Savannah Bnuuw'k,4to. Charleston Port Royal,4(0 Wilmington.... 8.10U 18,032 662 1,287 1,119 i',845 1,848 367 837 3,093 3,017 0,228 4,564 3,822 6,884 6,350 6,078 a«3M 290 1,219 1,003 "sis 3.987 5,178 4,446 14,040 677 1,137 1,854 879 38.«34 3,004 5,648 Phlladelphla,dEO 111 198 "iVi 45 063 OS •8» 74S week 3.'-.,012 1,838 Wash'gton.&c Norfolk We«t Point, Ac New York 288 9i)2 Total* thl3 160 41,061 47,790 42,119 30.1I13 56,471 282,863 For comparison we give the following table showing the week's total receipts, the total since Septeniber to-night, compared with last year. steady for packet per bbl.; India mess quoted at |18@$3d per tierce. Beef hams are dull at $13 75@f 14 per bbl. Tallow steady at | thewMkaMfeM Ac Orleans... 1888. Beeeipltto Nov. 1«. TM* Week. MobUe 07 Florida Savannah ... Brimaw.,4c Charleston .. P.Royal, Ac Wilmington . Thit Week. 44,657 3,100 18,932 912 8,299 357 933 326 W.Polnt.&c 28,504 38,624 28,090 2W,451 New York.... 3,0>)4 Boston Baltimore 5,648 .. Phll'del'a, Ac 216,148 174,761 6,386 14,936 0,736 9,188 Wa8h't'n,Ac Norfolk 063 748 and the stock Sloek. Since Sep. 1. 1887. 315,135 k'^,937 1,424 643,932 89,724 78,791 12,945 1.809 085 417,135 41,075 37,029 1,560 187,209 20,620 4,138 953 70,419 11,904 75,209 7,777 1888, 1, 1887. Since Sep. 1, 1888. 25,388 ; 13-50o. 13-40o. 13-25o. 13-250. given below, Por aMloM |17@f 19 for clear back. Cut meats have been dull and somewhat unsettled; pickled bellies, 9@9}^c.; shoulders, Sii®8%o., Qalveston ... and hams, 9%@ lOo. smoked shoul lers, 9J^°- ^o* hams, llj^ ElPaso,dkc.* @13c. Beef steady at |7 50® |3 for extra mess and |9@|9 75 New Orleans. November December January la this evening (Nov. 16), the total reoeipta have raaebed balee, against 873,001 balee laat week, 370,58« balee the pfertooa week and 370,707 balee three weeks linoe, maklns (bo total receipts since the Ist of September, 1888, S.OM, 109 balee, 8,025,101 balee for the same period of 1887. sbowiiic a d»> oreaae since September 1, 1888, of 588,008 balee. Baltimore Saturd'y. llond'y Tuetd'y. Wedned'y. Tliurtd'y. Friday. 8-46 8-49 8-48 8-47 80 8-58 Nov. delivery c. 8-40 8-30 8-45 8-38 8-39 0. 841 Dec. delivery 8-40 8-39 8'36 8-39 8-39 8-42 Jan. dflivery 0. 8-43 8-42 8-45 8-41 Feb. delivery 0. 8-11 839 8-41 8-48 8-43 8-44 March delivery. .0. 8-43 8-45 8-45 8-478-47 8-52 8-47 8-48 May delivery c. at $lo:g$15 23 for extra prims, $16.^ $16 50 for .South to-night, thi> lan, i«. Tm Obop, aa todioaUd by oar MtcniB* 479 3,145 827 786 1888. 1887.. 394,487 77,043 99,238 733,633 97,188 10,018 518,801 13,395 248,271 7,220 110.486 2,314 228,147 228,701 2,214 21,410 2,717 5,27» 183,024 17,912 291,822 21,863 112,943 108,C«tf 62,726 21 18,285 34,193 2,288 27.044 36,448 13.973 126,332 13,000 17,204 53,I0» 262,3611 2,09--M09 284.816 2,625,161 Totals * Not included lu 1897 until end ot season. 6,508. 4,8r»6 81,222 ia.ooo 7,378 2.674 6H6.6:.7 767..'W6 In order that comparison may be made with other years, w« give below the totals at leadintr poits for six seasons. • Receipts al- 1888. 1887. 1886. Galveston 25,485 75,209 7,777 44,657 19,844 S,«5« 28,561 38,624 13,553 42,937 89,724 12,945 41,075 21,682 12,230 28,000 28,451 7.782 36,189 74,813 0,126 45,604 17,623 8,127 44,425 19,072 13,615 1S85. 1384. 1883. I I 34,699 102,771 9,697 38,108 29,933 4,317 28,660 13.102 9,134 33,302 6,244 41,270 22,988 0.29 Tot this week 262,369 284,816 263,596 270,421 868,774 Hew Orleans. UobUe Savannah ... Charlest'n.Ao WUm'gt'n, Ac Norfolk... Wt Point, Ac All others. 2'J.326 28.396- 75,860 11,386 77,67S 13,364 28,460 16,378 3,693 31.243 36.0ii3 8,3 2» 12,961 222,510 Blnoe Bept. 1. 2092,109,2625,161 2157.612 2105,357 2-320.750 2198,099 The exports for the week ending this evening reach a tota I of 178,640 bales, of which 120,279 were to Great Britain, 19,004 to France and 39,297 to the reat of the Continent. Below are the exports for the week, and since September 1, 1838. Wuk Bndint Xov. to— IS, From Stpt. 1, 1888, to fron — Oreot I ContU: Total Brtt'a. OalTeaton New ... Orleans. Mobile 9,41S 33,130 4,315 4,S«e 14,014 «6,8«: 18,933 Xor. IS, 1888 BrporHd to— gi>port««l 4,«i; Snot Contt- I BrtlaJn, '*«»« 78.093 I0.77S 14.S7B I40,I4« 11,874 7t<,719 M.OSI Mat. n*^ 100.44e ! »ar|,«]» 1I.S74 Plortda BavaoBah* ... Cbuluton... WUiB>Mton . £.845 960 10,100 »1.717] Norfolk West PclBt,&s 10.!IS3. iT,8i8' New Turk.. 0377 Boston S.WM Baltlmor* 1.383 Phlladelp'a'&o . ' , I »,»n] 1.84S S.SdO 10,100 •1.717 10A13 «.8oi' M-'saJ eo.rw T.»1T in,7ia 13,833 M.ssa M,:saj •,*M •I.M4 ito,4«a iM 1 ••.777 i»i.a4« w. s« SSLV-tO t*i,«ei i7,»oa ».4M 141 7.018 4«.ia6 407 •,10* 7,70« 8J,7I1 ll,«l> «s.in 1A» U,40l 4;B«I w.aea f>e>«40| W4.S701; ixsrn MP» I«m.h3» «^fvitt« IhfA /jfaEiK^aacaT saMKi I'ctal ..«.. isM wai U>^iq mxn Keak, 4.800 THE CHRONICLE. 1598 In addition to above exports, our telegrams to-nightalso give OB tlie following amounts of cotton on shipboard, not cleared add similar figures for New York, at the ports named. which are prepared for our special use by Messrs. Carey, Yah [Vol. XLVll. The Sales and Pkices of FtrxcRas iiiE comprehensive table We t& Lambert, 24 Beaver Street. On Shipboard, AT— Ifov. 16, ''2 H QTiSP o3. S3 Other France. Foreign Coast- S< 28,534 None. 10,000 6,200 5,444 4,500 14,000 8,000 3.719 Noue. 1,500 6,700 12,709 3,f00 None. None. Stock. Total. wise. ^ a 3. ® »^ £3. 2.? jr ® ^og.-s »« g o is a E? tr v. OUffBO S"c to ;* not cleared—for Leaving Great Britain. shown by the foliow- are : —» o 5 ^ >« lit? q; : New Orleans... 14,959 4.000 6,200 12.6E6 None. Bavannab .j.SOO None. •Galveston Norfolk 21,744 24,000 8.500 15,000 None. 1,350 None. Mobile Cbarlestou .... New York Other ports.... 900 834 12«.056 13,912 44,126 94,543 36,312 4.918 102,4S2 44,369 59,868 4,000 18,600 18,400 40,731 31,500 23,850 23,000 1888 99,903 15,740 76,678 27,1.28 219,949 466,748 Total 1887 Total 1886 111,3R4 138,669 41,777 31,231 47,625 72,344 31,5.05 232,321 535,265 590,880 JTotal 31.201 273.44."^ The speculation in cotton for future delivery at this market opened the week somewhat depressed, the Bureau report being more favorable as regards prospects for the total yield But on Sunday there was than was generally expected. severe cold in the South, and killing frosts repo-ted from many points, which led to brisk buying on Southern account and a general covering of short contract?. It was remarked on Tuesday that the principal buying was on Southern orders and the principal selling was for Liverpool. Oa Wc-dnesd ly a buoyant opening, on the execution of S )uthern orders that liad been received during the night, was followel by a smart decline under sales to realize. A recovery on Thursday was followed by a decline, under the report that a New Orleans hou!e of some repute in such matters had put out an estimate 01 WW a> .-^ j > I . I 1^ to M ^ iK sSx£ ° 90s t-o- geo.'g. Co" cS-. -\ QO «C0 <C!S Oi OS * O»0J K'- tcto to CD!© CO) M^'^ I g 5 ts'-o 2 y iT ,Sp: "^ ^w I co' CDCD M 99 < a — 0*0 6<i -d totcoto CD 5 * OM^.." '-id sr: I toto^to -j to M ' -4 Mil tc§-o I ^ o_ to» 5 OOf--" I o o da So 9 c:ffiO _Ci ifr aoo I ** ''*. :i§s en 3, 2|~ 0,0.0. too® MO tJ Citji 2 S'p; CO tOCDotO d -i = d c 10 to of the crop at 7j^ million bales. Liverpool opened at a decline and we followed suit; but a small advance w.n this morning, made on the reduced interior movement, althou »h the usual buying orders fr )m the South were wanting. Cotton on the spot was quoted 116c. lower o Monday anl 116c. dearer o i Tuesday. On Wednesday the market was weak, especially for the poorer grades. To day there was a good demand for <faome consumption aad middling uplands were steady at 10c. The total sales for forward delivery for the week are 475, 6(0 bales. For immediate delivery the total sales foot up this week i 4,516 bales, including 558 for export, 8,960 for consumption, in transit. Of the above balefor speculation and — — — were to arrive. The following are the official quotations each day of the past week Nov. 10 to Nov. 16. f o' — UPLANDS. OnUnary Sat. 6^8 736 <(llb. Strict Ordinary 9% Low Middling MlddliiiK 10 105,6 10»,g 1016,6 11»16 Middling «trlct Good Middling Middling Fair fair GULF. low Middling Sat. I ¥ tt>. , , Low Middling Strict HlddUnx , Good Mid'lling Strict Gooii Middling .Middling Fair rate STAINED. Good Ordinary 75,0 7% 91a Good Good Ordinary etrict Good Ordinary 6^8 8''e Lo^Middline 'Jrillnary Strict Ordinary 613,, 8% &ood Ordinary .Strict Good Ordinary Strict mon Tnea Wed 7 6 '9 738 87,6 §;-'» 9's 87,, 815,6 913 9% 9H »M 738 8'l6 9% 10 10 10 105,8 109,6 1015,8 119 106,8 105,8 106ig 109,6 109,6 10",« 101»ii ioi4i„ 1015,6 ll»i6 11*16 ll^ia Wed moil Tnes 6IB18 738 8t,e 816,8 91a 7 7 10 Tb. Prl 7 7 7i« 7^1 71a 71B 71a 77i8 8I3 89,6 8«]6 89ie §?'« 91 l« 9 91.8 91,6 91,8 9ii« 9S8 968 9»8 968 9»,6 958 978 9'8 9^8 913,6 9'e 9^8 1016 1018 loie 101,8 Ida lOifl 101,6 lOSe 107,8 107,8 ,107,6 107,6 10Ui« lOSg 1011 1011,8 101 ._10lll6 llii« nil] 111,6 11 lUls illl 1111,8 1158 lllllR IIII18 llllj..|lllli Sat. ft lb. Strict Good Ordinary Low >riddllng 911,, 916,6 I014 lOia lO's llJa Tb. Prl *.ife M »-M 81a Middling 7i« S'le 97,6 713 89,8 97,6 I ! 7I2 89,8 97)8 * 99 99 *•*. MW a" MW «.>^. rl-it> M > 99 ? CO *.<» a .- < a -< ato >^ is: s a mVm H* MMWM ^0 cooo COCO OCoO coco OCoC g l(-lii®pe01 * c» *-i-0^ )^tj»Ciji «« l« K,<\ W MO * .JM ' CO ai : 1 1 : «> : 1 » C > 1 I < 1 s I I I: I ^> ^ 5 9'ie I 8ALE8 OF SPOT AND TRASBR:. £x- Ooi>r tump, Spec- Tranul't'n sit. '""•'• SaUs. Delix tries I I I 1,581 3 18 93.900 Tliur. HieiMly Frl.. Steady 1,442 1,442 40,300 3,fiC0 4,516475 60j Mon QuiPt « 1,6 deo.. Xues Qmvx mi^^CiiW.. Wed Total The EiUiii-r I 556 67,R0O 289 9 ,700 404 9l,6iK' 482 86.500 dally deliveries given above are aotaallr delivered the day tevloua to tliat ou wmou uiey are reported. I I I I * Innlodes sales In Si-ptemlier, 1888, lor Soptember, 16j,30Ui Septoiubor October, for Octobir, 394,100. uairu mcmiitia ib« above table, and shall continue eaeh ^'e ween to give, the average price of fatores eaoli day for each luoatu It will be fouud uader eaoti d^y following the abi>r<^7iatiou " Avh*.' The average for each iiiuutb f<ir the wee)i is also given at bortoiii ot table. rransferable Ord«ra— Saturday, 9'6ilo.; Monday, 9G5o.; TusBday 9 7O0 Wednesday, » 65o.; Thoriiday , 9050. Friday, i»-70a. LV m . 556 1,025 289 318 404 482 Sat .-Quiet I 7I3 The total sales and future deliveries each day durirg the -week are indicated in the following statement. For the cocTenience of the reader we also add a column which shows at a glance how the market closed on same days. port. -' I < j|l MARKET AND SALBS, SroT MARKET OLOB D. MO ar ,->V..l& inon^Tnes.Wed Tb. FrI. eiSial 613,8 6;3,6 613,6 6\ 71a "^ : The following exolianges have been madedurmg cue week: •13 pd. to exch. 3,600 Deo. for Jan. •50 pit. to exoh. luu Jan for Ju .e. -zd pd. to exch. 500 Dl-c. lor Feb. •2 < [Hi. to exch. 200 Jan. liM March. •13 pd. to exch 500 Jan for Feb. 54 pd. to exch. 100 Dec for May. •14 pd. to exch. 1,100 Uec. tor Jan. •11 pd. to exch. 100 Feb. tor March. •31 pft. to exch. 100 Nov. for Feb. •04 pd. to exch. 3.300 .N'ov tor Ooo. 24 pd. to oxoh. KHIJaa- for March. •2.1 pd. to exoh. 80 'Jan. tor March. •13 pd. to exch. 1.200 Due. for Jan. •3 ik1. to exuh. 10.) Dmo. for .March. •02 !«!. to exoh. 100 .Nov. for i>eo. •40 pd. to exch. 2-10 Jan. for May. 1 , NOVEMBIRlT, THE 1888.] IIROXKJLK ( Tbr Vibibm ScppLTor Cotton to-nUht, an madn up by o«hie Tho Continental ntot^kH. an wnll -b tho afloat are thlH wi>«I<'h rxtiirnn anil ronnoquentlv all the Europnan HuT'iroR arc broiiirht down to Thurmlay evnninK. But to make the tutuln iIih ontnplnttfiffurcH for to-iiiiflit (Nov. 16), we add the item of oinortH from the United States, including in it the exports of Friiiay onl v and t(*1o|^iiph, ra follown, in th'iHO for (Iri^Ht Hritain anil - ISrtH. 1«87. I8SH. balea 321.000 8,000 480.000 »8,000 401.000 17,000 3S'i,0«0 ill,0O0 Total rir«at Britain atook. Stock at MAinliiirK BUH'k at lirt^iiiou.. ... ........ Bux-k at Aiiiatordam Btni'k at Kotrerdani 839,000 8,000 8,400 4,000 627,(H)0 418,000 »0«,0<K) 3,000 83.300 22.000 ,fl00 KI.HOO 5,(H)0 H.OOO 32,300 21.000 300 600 300 300 •lot) (too l.'2(K) 93,000 2.000 33,000 4.000 S,0O0 172.000 2.000 37.000 4.000 11.000 131,0()0 3,000 30,000 5.0OO 10.000 2.300 110.000 3.000 34.000 «.000 5,000 Total Continental stooks 152.300 285,500 203,900 220.200 Total European atooks India ooiton afloat for Uurope. Amer. cott*n iitloat for Eur'pe. 481,300 29,000 461,000 33,000 686.B97 234.542 50,034 81?.500 30.000 017.000 55.000 767,586 341, 1P9 26,100 621,900 34,000 457,000 66,000 864,325 301,924 15,316 629.200 Btm!k at f.lverpool. Block at LoiirtoD.... at Antwerp at Havre at .>fars«llle8. ........... at Harooloua. ........... at Genoa .,,... Block at Triestfl Bt<><^k Btocik Bt<»uk BttK^k Bti>ck gym.Brazll.ifec.ant forE'i 'pe BtooV In United otatea portf.. Blook In U. 8. Interior towns.. Onlt«d States exportHto-d«7. 1 2'',0O0 S37,(HK) Srt.OlM) 778.012 27»,34S 46.055 Total visible supply 1,984,573 2,610,385 2,360.395 2,32 ',6^5 Ortbe above, tbe totals of Auierluau and olberdesorlptloDsara as folio v% »: American— LI verpiKil stock 229.000 7H.000 461.000 bales C •ntlnental stocks A uerlran afloat for Europe.. U iltwl States stock 68(i,0!i7 Btutea Interior stooks. 231. "1:2 United States exports to-day. 59.034 linltiMl 293,000 109.000 617.000 767.588 3tl,l»g 26,100 237,000 110,000 457,000 271,000 148.000 637,000 77-,OK2 271.318 46.055 86»,:i25 301,8J4 15.346 Total Amerloan ., l,7i8.273 2,153,885 1,985,495 2,057,485 EatI Indian, Bratii, die. Liverpool stock 92.000 196,000 164,000 115.000 ., lioudon stock 8,000 38.000 17,000 10.000 .,-„,...... Cortl-iHntal stocks 74,300 176.^00 93,900 72.200 — I M.t ntloat for Europe kigypt, Brazil, &o., afloat Total East India, Total American Ac 29,0110 3C1.000 33,000 65,000 34,0o0 60,000 29,000 36,000 236.3i 4'*5,500 374,900 27^,200 1,748.273 2,153.885 1,98:',4«5 2,057,485 Total visible supply 1,984,573 2,649,385 2,360,395 i,329,<i85 Price Mid. Upl., Liverpool.... oi'iKd. 5ai,d. 5"i«rt. 5»i«rt. Price .\fm.Upl.. New York... lOo. 10»8C. 9>itC. 9'ieO. IST" The imports into Continental porco this week have been 45,000 bales. The above fimires indicate a decrease in the cotton in sight to-night of 6''4 813 bales as compared with the same dnte of 1887, a decrease of 375,832 bales as compared with the correspondina; date' of 1886 acd a decrease of 315,113 bales as compared with 1885. AT THE INTEBIOK TowNB the movement that is the receipts for the week, and since Sept. 1, the shipments for the week, and the stocks to-night, and the same items for the corresponding period of 1887 is set out in detail in the following — — StAtem 690 riw mbav* toMta ahow tin* tlw ol4 hHnrtor r. rMurIn(ft»WWB«kl8,«a»h»to«W,.i irtelM.M7 '"I at th* MOM pvrtod Uat y owim hav* bMn 94,893 btkkw „« man tbf'wnM t week last yenr, nn>l sinoA S«pt«mbOT 1 Um NMlpta all tb« towna are ilT-i.T'.JI l>ul<w /««« than for th« mmiw tInM tn 18H7. QOOTATIONB POB MIDDLING (Wmnn ATOniKii MAWtrm.— 1.1 the table below we give the clodlng quotation* of iniddllac cotton at Southern and other principal cotton markatoforMM day of the past week: fT7 , '' I . M ototna qooTAnom WtUc ending Ifoe. 16. Batur. IfsrflMS. . Savaiinnta Obarlcftton . 9»is . S^« •Si" .. lO .-n CO -< 9>t 9'is .. Boston 10103^4 Baltimore... 9''9aio Philadelpbta AUKUSla Munipbls.... lOVi 'n St. Ivouls.... OH 0>S 9H 9>s 9>« Cincinnati.. 0<>s Louunile... 9<% 10i«»l« 9^';'fo 9-'9 9''« 10>4 9'4 O". 9>« 10>4 9»» 9»B 10%.^ OH 10>4 K" 9i)s 9> 9"b 9S 9«i — Receipts fhom thk Plantations. The following tabia Indicates the actual movement each week from the plantations. The figures do not include overland receipts nor Southern consumption they are simplv a statement of th« weekly movement from the plantations of that part of the crop vhich finally reaches the market through the outports. ; Wuk R<c«4|>(< at UU Forth ' St'ft Awlin«— ISrn. 1IW7. I 1888. at /ntflior TlMHU. UMA. I 1887. 1888. Rw><«/Vom Plonfw. law. laga. I 00t.l2 ~ 19 t» c- « «» "t » r^ « r- -< — *«c X * .Xo QD ?: I* - X :! .-( -i- •«f 1/^ -s« oc- c-< >.. I iooioclirjncsMri iON'^^55r-0» a *o w ton ^eirioJ .--#»WiOO« W ^ t* wr^ rf3 rifi I 1 CO so t^ x^Ol .^ 09 e» O . Nov. 8 " 9 " IB.. ... Z58.4S.'< CDOO O I' fl O r. » O •» ^ O M '^ :^ ?• O .^ Cy IM Wl.kM 270.707 «38.I)a7 208.7BS l»S.a80'MI,aM aSlM7 W4JM 271I.SS0SOt.«O0V78.<>»l 317.697 8t7.0MMS.IS« anM>S»s.(MI «e3jn 869 Jlie 381.818 882.8^1 nargSO a84.7g4 aBe.480 «ga,IW» l«gJW8 278.710 — The above statement shows 1. That the total receipt* from Che plantations since September 1, 1888, are8.83<,3l4 b«I in 1887 were 2,986.135 bales in 1886 were 2,446,732 bales. 3. That, although the receipts at the outports the pant we«k bales, were 362,369 the actual movement from plantations wai 375 710 bales, the balance going to increase the stocks at the interior towns. Last year the receipts from the plantations for the same week were 323, 58S bales and for 1886 they wer« 288.079 bales. ; — Amount of Cotton in Sioht Nov. 16.—In the table below we give the receipts from plantations in another form, and add to tliem the net overland movement to Nov. 1, and also the takings by Southern spinners to the same date, so as to givs substantially the amount of cotton now in sight. 1887. 188B. •<1' ©at0i0 7>r>0 I Tot. receipts from pUntat'ns 2,333,214 2,986,125 2,446,733 3,458.768 Net overland to Nov. 1 16^.4651 3i'4.955 147.086 1.^3,156 Southern consumpc'n to Nov. 1 90,000 85.000 08.000 6O.U00 ooiupured with ts 80.245 bales. — -O — NWiO-n* IOJtraDXOXatO-^OiCW i: .-r » ^5 CO 'J t^ c • lO lO -O 3: CO •)• '-C i 2,585,670;3,276,080 2.661.818 2,671,934 554,9871 B90.624' 471.839' 1886 la 76,139 balea and the decrease from 1885 t^ Weathbb Rbports by Telkoraph.—Telegraphic 1 ^ .H «»H cc.r;'0o:t^»0.ra •^liOMOOrH 5C0 »iocoa3o3»-*'5t»»s>;at»!Oio»to in I C3 n«t*tC •to 3C30fli ! 33 to UH ;— .c,ni ;^^3& .s^^ii. -^« looricorHji".^ io-« I O?3i-»M©t-Nt^X,;03iO W.H :o^ xco »?3^w •^rf^t^t- NM — SNCDNn n ic * t -. r^ - C4t-c^.^03tc4 I «o a ' Xt-;-^:3 -f t>33 0-^OC^iOCJ, aJ-^O-J Xl-Mi-T.^'.O'^MOIX — Nt-^ J" r-io^ .CIS •i 33?: 33 :^)rt » ..I advice* that- as and Tennessee. ffaloe toit, Texas.— It has been showery on two dnys of the week, the rainf ill reaC ing thirty-two hundredths of an inch. Tbe tbe' mometer has averaged So, tie highest being 68 and the lowtst 44. ' 1 from tbe South ti-night indicate a rule the weather hns been f ivorable for picking during the week. In some portions of South CirolioH, Odorgia acd Fl'iri a, however, the laiiifall has been excessive. Killing fn sts o<-carred tbe ear y part of the week in sections of Arkansas, Hixsirsippi co«r^co'.o" t*c0'*w«aa--0X5i<eio.^o?s-* « X — oi.oDOooa^x-'s^.O'OOi-t^o CO 474.500 It will lie seen by tbe above that the decrease In amount tn siKht tonlttbt. as oomiiarird with last year, la 690,401 Imles, the deenasa as m-. to 01 1889. I Reoolpt«attbe ports to Nov.l6 2,092.109 2,625,161 2,157,612 2,165.357 Interior stocks on Nov 16 ln| excess of September 1 211. 1"5 300,964 239,120 293,411 Morcbern spinners' takings to Nov. in J. ag^ 27l.8A5'vS».17<a7».slll2;8.(l.'«< aOt.l)«l!23!t.l)O*atajM3».)Mlli|)gL0aa I.>tallnsl«bt Nov. 16 ©XXTWOO M D r^tr;5i:03iCaxc*t^t^?:ic;i-f'-o3C;cc | 'S¥>,S»i17«Jir«»0Mi IW.SSS i7R,580'iaaM7 aiaMim.4intat.toi eSM.8l8>71.'n»Z83.«n4 1<«.'Sr2a8.7«0'l74.IITI S0H.«8T8m,UlB«a8lMr i I 10>4»*( 10*4 9I« I IC OS . Si:- 9% 94 Ik' . WllmlnKton. Sorfolk Si:- »<• . 1888. O^CM3—W rn. i»i«rf. 1 Qalvoatou Hew Orleans Hoblle rit. ; mooum oomoir oa— torn Tut. iron. — J3 r.iiO'*tOX)?o<on3oamBr)'*ioaa •jxoD'^ ^o .a.Hxi«— w^toioO'-. *m-<ouaoco ^-tr^to .t ;s -• tau-s ifw, r«x<u. There have been light showers on two days of the week, the rainfall reiohing ten hutidredth* of an inch. The theimometer has average 1 50, rangijg fiom Si to 6). — Sun Antonio, Texnji. ^We have had lain o-i two d <ys of the week, tbe rainfall reichia< one inch ani four hundrr^dth*. Toe thermometer has rang'd from 40 'if j|3 3.«2^»»|S'|^.3^ . *Tlui flfCnres aauTm for eiUmated. , X, ri -^ ,- a a;- - ^^^^^^ LuulsvHIe In boin yeiur* ar« 1, a 1, 3 net." =; o ITIus year's — 1 1 60, avertt(in< SO. Louisiina. We have hal rain on fuui day* of the «eek, iheriurull rearhing eighty haadteddw of an inch. Averii(e thermometer 64. Kaiofall for the week tw>'|rs inronef/itrt, LoHUtlana, hundredthi of an inch. Cne therm >meter nis averaged 01, N<!tO Ori«artt, — tne highest being 69 and tbe lowest 34 THE CHRONICLE. 600 — Shipments for the week. Columbus, Mississippi, We have bad rain on two days of the week, the rainfall reaching one inch and khirty-pine hundredtbe. The thermometer haa averaged 48, ranging from 28 to 66. Leland, Mississippi.— BsLintaM for the week forty-nine hundredths of an inch. We had billing frost on Suaday, Ihe thermometer has ranged from 30 to 71, averaging 43'3. tlreenville, Mississippi. Telegram not received. Clarksdale, Mississippi. Telegram not received. Vicksburg, Mississippi. It has been showery on three days of the week, the rainfall reaching one inch and eightyone hundredths. The thermometer has averaged 56, ranging — — — from 39 to 71, Little Bock, Arkansas. —It has been cloudy on five days of ithe past week, with rain on three, the rainfall reaching one nch and four hundredths. The first visible frost of the season occurred on the night of the 11th. The thermometer has ranged from 84 to 65, averaging 48, Selena, Arkansas.— It has rained slowly on four days of the week, and not much cotton has been picked. The rainfall Receipts are still reached one inch and seven hundredths. We had killing frost on Monday. much behind last year. Average thermometer 50, highest 68, lowest 32. Memphis, Tennessee. It has rained on three days of the week, the rainfall reaching sixty-two hundre dths of an inch. The first killing frost of the season occurred on Sunday, and gain on the 13th we had killing frost and ice. The thermometer has averaged 49, the highest being 68 and the lowest 37. Nashville, Tennessee. It has rained on five days of the week, the rainfall reaching eighty-seven hundredths of an inch. The thermometer has averaged 50, ranging from 30 — [Vol. Breat Britain, Oontir nent. Caloatta— 1888 1887 Shipments since January BriMn. OonHnent. Total. Total. 1,000 26,000 99,000 61,000 127,000 87,000 226,000 3,000 2,000 1,000 5,000 1,000 45,000 57,000 14,000 13,000 59,000 70,000 3,000 2,000 1,000 4,000 2,000 78,000 87,000 36,000 34,000 114,000 121,000 6,000 2,000 4,000 1,000 10,000 3,000 149,000 243,000 111,000 174,000 260,000 417,000 AU others— 1888 1887 1. 1,000 Uadraa— 1888 1887 XL\n. Total all— 1888 1887 The above week show that the movement from Bombay is 7,000 bales more than the same totals for the the ports other than week last year. For the whole of India, therefore, the total shipments since January 1, 1888, and for the corresponding periods of the two previous years, are as follows : EXPORTS TO EUBOPB FROM ALL 1888. Iin>IA. 1887. 1886. Shipments to alt Europe from— Bombay All otlier porta. — Total This week. Since Jan. 1. 4,000 10,000 850,000 260,000 6,000 1,065,000 3,000 417,000 4,000 1,013,000 14,000 1,110,000 9,000 1,482,000 4,000:1,270,000 This week. -This Since Jan. Since Jan. 1. week. 1. 257,000 Alexandria Rkckipts and Shipments.—Through arrangements we have made with Messrs. Da vies, Benachi & Co., of Mobile, Alabama.— We have had showers on three days of Liverpool and Alexandria, we now receive a weekly cable of the week, the rainfall reachirg ninety-six hundredths of an the movements of cotton at Alexandria, Egypt. The followinch. The thermometer has rarged from 39 to 75, averag- ing are the receipts and shipments for the past week and for to 70. ing the coiTesponding 56. Montgomery, Alabama.— Tiain has fallen on three days of the week, the rainfall reaching one inch and fif tv hundredths. Average thermometer S5, highest 70 and lowest 38. 8elma, Alabama. There has be^n rain on two days of the week, the rainfall reaching eighty-five hundredths of an inch. The thermometer has averaged 54, the highest being 68 and the lowest 87. Auburn, Alabama. The week's precipitation has been two inches and fifty -nine hundrtdths, on one day. The thermometer has averaged 54, ranging from 37 to 73. Madison, Florida. We have had rain on three days of the week, the rainfall reaching four inches and fifty-three hundredths. The thermometer has ranged from 40 to 77, averaging 64, Columbus, Georgia. We have had rain three days of the week, the rainfall reaching three inches and thirty-eight hundredths. Average thermometer 55, highest 65 and lowest 40. Savannah, Georgia. We have had rain on five days of the reaching one inch and twenty- one hunrainfall week, the dredths. The thermometer haa averaged 60, the higheei teing 74 and the lowest 43. Augusta, Georgia. Telegram not received. Atlanta, Georgia, Telegram not received. Charleston, Houth CaroWna.— Rain has fallen on four days of the week to the extent of five inches and forty- four hundredths. The thermometer has averaged 62, the highest being 78 and the lowest 41. Stateburg, South Carolina. Rain has fallen on four days of *\ie week, to the extent of fifty-seven hundredths of an inch. There has been frost on two mornings. The thermometer has averaged 58, from 85 to 76. Columbia, South Carolina. Telegram not received. Wilson, North Carolina. Telegram not received. The following statement we have also received by telegraph, «howing the height of the rivers at the points named at 3 o'clock Nov. 15, 1888, and Nov, 17, 1887. — week years. 1886. 100,000 1.]1B,000 110.000 793,000 This Since week. Sept. 1. 190,000 982,000 This Since week. Sept. 1. This week. Since Sept. 1. Exports (bales)— To Liverpool To Contiuent ........ 56.000 14,000 83,000 21,000 41,000 4,000 3,000| 24,000 16,000 Total Europe * 11,000 14,000 g],00O 21,000 80,000 30,000,124,000 25,000 102,000 A cantor l8 98 pounds. — This statement shows that the receipts for the week ending Nov. 14 were 140,000 cantars and the shipments to all Europe — 14.000 bales. — — — Manchester Market. Our report received by cable to-nigh t from Manchester states that the market continues dull, and that the dtmacd for both yarns and sheetings is poor. We give the prices for to-day below, and leave those for previous weeks of this and last year for comparison : — ZneA. 3 Feet. Xt6w 0rl©aM.....,.«..Al)OV6 low- water marlc Memplils Above low-water mark. Above low-water mark. HaahTlUe... Above low-water mark. Bbrevepon VlckiburK Above low-water mark. 5 22 29 2 Ineh. 3 4 7 Feet. 1 4 9 2 5 19 1 •3 1 SH d. 778 7'a 7'e 7'8 7'e 7'8 d. ®838 ®838 ®838 ®838 ®839 •8»8 Cott'n lbs. Shirtings. Twist. — Xov. 15, '88. \ov. 17, •37. 1887. 1888. 32« Cop. — * two 1887. 1888. Beoelpte (cantars*)— Tbla week.... Since Sept. 1 — — of the previous Alexandria, Egypt, Nov. 14. s. 6 6 d. 8. ®7 ®7 d. 1 1 6 6 ^7 ®7 ®7 1 1 1 6 ®7 1 6 Mid. Uplds d. 5'8 8I4 lbs. Shirtings. 32» Cop. Twist. d. 739 38 d. 7% ®8 7% -ais 739 ®8 7% ®838 51118 7=8 ®8i4 Jute Butts, Bagging, &c.— The market d. 8. 8. 7i9»6 7J2®6 71336 5 7>s®6 5 5 5 5 5 Mid. Vpldt: d. 9 9 d. 5>4 514 9 10 7ifl»6 10 8 for ©7 bagging is not active, the only busicefs doing being of a jobbing character. Prict s are rather unsettled, and though the general figures are 113^® 14e., there ate some reports of lower quotations. There is only a small inquiry for jute butts and small sales are reported at SigC. for paper grades and Z\i@%%c, for bagging qualities. The Agricultural Department's Report foe November. —The Agricultural Department's report on cotton for Novem- Below zero of gauge. ber is given below India Cotton Movement from au. Poets.—The receipts Tlie Department of Agriculture reports a good season for cotton plekand shipments of cotton at Bombay have been as follows for Ing during October in tbe southwest, and only moderately favorable the week and year, bringing the figtires down to Nov. 15. weather in the Atlantic Coast States. The wet weather of September BOHBAT BEC8IFT8 AUD BHIFMEim FOB FOim SMvmenig ihi* week. Tear Great Conti- SHfn. nent. Shipments Since Jan. Great Total. Britain Continent. 1. Total. T1EAB8. XeceipU. This Week. Since Jan. 1. 4,000 4,000 217,000 633,000 850,000 6,000 1 ,315,000 1B88 1387 3,066 3,t00 6.0001371,000 (394,000 1,065,000 8.000 1,522,000 4,000328,000 685,000 1,013,000 11,000 1.451,000 1)86 4,000 1,00(1220.000 472,000 692,000 9,000 1,036,000 1US5 X.O0O proved very injuriows to quality, prosti'ating plants and rotting bolls, causing blight and shedding, and injuring prospects of the top crop. There is much stained fibre, and quality is much poorer than that of the previous year. Picking was late commencing, but there has as yet been no killing frost, rendering possible a partial compensation as t« length of season. Jndicalions of yield per acre average Che same as last year at this lime, though the previous condition of the plants scarcely warrimt* the expectation of so much lale growth and har\ est outcome in November and December. The States west of the Mississippi ivjiort a slightly larger yiehl than last year, while Georgia, Alabama and Teunes-ce Indicate a slijjht reduction, Other States indicate nearly the same expectation at this date. The statistician has issued no tabulated statement of the According tc the foregoing, Bombay appears to show a It will be remembered tliat in November last year the yield. dicreiise compured with last year in the week's receipts of 3,000 bales, and a decrease in shipments of 2,000 bales, and Agricultural report gave the indicated outturn per acre in thethe shipments since Jan. 1 show a decrease of 215,000 bales. various Slates, which pointed to a yield in the whole country XliO moveiTiEiit at Calcutta, ilaJrjia £xid otuer Xa«iia. poita foillbm ]asi f«r<>rt-w} wee* «ijd «;««» ths !sJ of Jiuasrv^ twr two fotiowt ^ Oifeej- soU*" .gpvar V^vkan, »«»«, Jjja Seen l^uticorio^ KBrracLsci Siod Occotsada* m of aboat 6,800,000 bal.3e, Trheruts the fcctnai csrcp wtis in ex. y.OOO.OGO ~ft«t<M> X'Bdca «fid«o i:lri0U!nKi»i:iC«». it '» difi^ Oi<« CXfM is anderBtai'J 'ostnhsi i£ aisaai t>y tiie preoeat report. M November THE CHRONICLE. 17, 1888.J EuKOPEAN Cotton Consumption fob October.— Wt) have T*ceiv«d to-day (Kriday), by cable, Mr. Ellison'a tlKures for October, the flrst month of the new cotton Beaton. We have also received the revised totals for last year and give them for comparison. The spinnera' takings in aetual bales and pounds have been as follows t In Oreal Britain. Oetober, Oontintnt. Total. Takings by «]>lunarB...balea Average weight of bales.... TaUngfl In pounds 217,000 447 96.999,000 104,000 428 70,192,000 831.000 439 167,191,000 324,000 208,000 532,000 For 1887. TaktDKS by spinners .ba^es Avera^ weight of bales .. . . Xnklntni In pounils 425 426 137,895.000 88,774.000 •2 425-4 26.069,000 AccordinK to the above, the average weight of the deliveries in Great Britain is 447 pounds per bale in October tbi.s season, against 435 pounds during the same time last season. Tlie Continental deliveries average 42? pounds, against 426 pounds last year, and for the whole of Europe the deliveries average 489 pounds per bale, against 425'4 pounds last season. Our dispatch also gives the full movement for this year and last year in bales of 400 pounds each, - In October. areal Jirilaln. Continent. Total. For 1888. Bplnners' stock October 1... *raklng4 In October. ......... 52.000 243.000 193.000 178,000 245,000 419,000 Total BUivnlv.. ........... 295,000 255.000 3 1)9,000 292,000 664,000 547,000 Coosiuuptiou 4 weeks Spinners' stock Nov. 1 40,000 77,000 117,000 51,000 344,000 167,000 222,000 218,000 566,C00 Total supply -Consumption 4 weeks 395,000 292,000 389,000 288,000 784,000 680,0 aplnners' stock Nov. 1 103,000 101.000 204,000 For 1887. Splnncrd' stock October 1. . indicates that spinners' stocks are now 117,000 bales, against 204,000 tales last yea'. The cable further states that the average weekly rate of consumption in Great Britain for October this year is stated by Mr. Ellison to have been 75,000 bales, but deduction from the month's total of 45,000 bales has bf ea made on account of s'oppage of spinLast year the weekly average was 73,000 bales. Contidles. nental spindles consumed weekly this October 73,000 bales, against 72,000 bales a year ago. The foregoing EOROPEAN Cotton Supply.— In our editorial columns of Nov. 3 we gave the resul's from Mr. Ellison's Annual Cotton Review as received by cable, including his estimate of supply sources for the season 1888-89. At that time we stated that we did not fully understand how the figures of the European supply from America for the new season had been arrived at. Now that the circular has reached us by mail, we are able to give Mr. Ellison's own explanation, from all which is as follows "But although it does not appear : as if consumption will materially exceed that of last season, neither does it appear that there will be any increase in supplies, unless the American •crop should turn out to be larger than the current estimate of 7,000,000 bales. On the basis of this estimate the movements for the sea.son will compare as follows with those of the two Wo have then added the ooMon kilortattte opening ot the season, and daduoted tli«t at th* olow ; Um balance gives the indicated Import for the seaaoa mmUbk 000 In 1887. Sept. SO-say 4,694,000, against 4,S8S,000 last mmoo. Tlii difference between the indicated and the actual import teto Europe in the Mason ended September 80 con^aU of rmHuo lost at sea." East Ikdia. Crop.— The following is from Me«n. Oaddan, Co.'s report, dated Bombay, Got. 12 Bythell There Is not much now to be uld renrdlnK the icrowliijf eropa. To aU eppeanmoes the .Hnuthwi-st monsoon u about over, and iba cotton ptaala la the Broach and Dhollrra diairtots will have to depead newentlM dews at night. On the whole our reports from these olstrtots aia not worse than a week ago, bnt we hear ibat the gnln crops will be aa utter & For 1888. ' BOl previous seasons : failure In many places. From the Oomra dlstrtcta tlia reports ooattau* good, and picking has already begun on a small scale. The Bombay Cotton Company's repoit says -Crop .Stock Sept. 1 7,000,000 182,0Q0 1887-88. 7,017,000 84,000 18«6 87. 6,613,000 178,000 Supply. .. Stock Aug. 31. 7,183,000 150,000 7,101,000 182,000 6,691,000 84,000 1888-89. ; — SHiPPisa News. The exports of cotton from the United States the past week, as per lategt mail returns, have reached 157,912 bales. So far as the Southern ports are concerned, theoa are the same exnorts reported by telegraph and published ia the Chronicle last Friday. With regari^ to New York we include the manifests of all vessels cleared up to Thursday. Total kat*§ New York—To Uverponl, per steamer* Adriatic, 765 Clr- 316... City of Chester, 2.113. ...Egypt, 2,739.... 10,979 Kngland, 3.290 ...Nevada. l,ft72....Umbrla, 184 Ureece, 1,774.... To lA>ndou, per steamers Canada, 1,179 caBsL-i, — S.OiS 3,483 2,283 Havre, per steamer La Normandle, 2,2'<3 3,880 Bremen, per steamers Kliler, l.250....Saale, 1,130 903 Hamburg, per steamer Sorrento, 903 837 Anisterilam. i>er steamer /aandam, »37 1,634 Antwerp, jht steamer IVunland. 1,034 200 Hai-ecloua. per steamer Burgundia, '^OO 1,000 (ieuoa. per steamer liurgundia. 1,000 New Oiir.EASS—To Liverpool, per steamers Architect, 4,7B7.... 17,257 Bfssel, 3,031). ...Editor. -1.184. ...Hnytlen, 4.686 6,191 To Havre, per steamer Irthlngton, 5.191 .... 4,871 To Bremen, per steamer Canton, 4,871 900 To Barcelona, per bark Barcelona. 900 Savannah— To Liverpool, per steamer Durham City, 8,719...._ 8,719 6,200 "To Amsterdam, per steamer Ban Juan, 0,200... 37700 To Reval, per steamer Roblnia, 3,700 CUAKLE.STON— To Liverpool, per steamers Marttana, 4,734.... 8,984 Picqua, 4,200 4,000 To Havre, per steamer Wandrahm, 4,000 Galveston— To Liverpool, per steauicrs Asiatic Prince, 5,235 ....DrltHeld, 4.812 ...Gardenia. 4..->07....Qrlmsel, 3,187 28,867 ....Guy Colin. C.iaO ...Prince.s.s, 4,»6B 4,834 WiLMI.NOTON— To Liverpool, per steamer Cam Harth, 4,834 St. DtmNorfolk—To Llveiiwol.pcr steamers Albano, 7,391 Horro.x, UK) Hull. iMsr steamer (iailleo, 3,483 To To To To To To To To 12,9.50 stan, 5,55!* To Bremen, per steamer Uolstein, 3.925 West Point— To Liverpool, i>er steamer Gallego, 7.539 Boston—To Liverpool, per steamers Bulgarian, 1,030 3,925 7,539 Michi- gan, 4,502 To London, per steamer Milanese, 1.600 Liverpool, per steamer Peruvian, 1.909... To Bremen, per steamer Khcin, 1.203 Philadelphia -To Uverpoo'. per steamer I>ord Gough, 1.243.. To Antwerp, per steamer Switzerland, 1,766 Baltimokk— To Total The 9,533 1,600 1,909 1,20S 1.243 1.786 157,918 particulars of theee shipments, arranged in our osoal form, are as follows Amtter Bremen dam and and B'Md Liver' poet. York.. 10,979 N. Orleans . 17,2.^7 Savannah .. 8.719 Charleston . 8.934 Galveston.. 2S.867 Wllmlngt'n. 4.834 Norfolk.. .. 12.950 West Point. 7,539 5,532 Boston Baltimore. . 1,909 1,243 PhU'delph'a Bam- London. 6,."i38 Harre. burg. 2,2^3 3,3-43 5,191 4,671 Bareelona Antwerp. Reval. 2,471 and Oemta. 1,200 26,752 900 2S.2l(> TotiU. 13,«19 12.934 6,300 3,700 4.000 .••. •.•.• 28»Bo7 4«9«« >•»•• ••.• .... •••• >.•>• 16»bT5 ...a.. ...... 3,tf2S 1,600 ..«••• ... 7.939 KWA V 3,iia 8,029 ..•*•• »**.*• 3,700 2,100157.913 1,203 1.786 § 7,032,000 2,380,000 6,919,000 2,330,000 4,652,000 168,000 Below we add the clearances this week of vessels carrying 4,589,000 4,409,000 cotton from United States ports, bringing our data down to 247,000 149,000 dates 4,4«4,000 250,000 4,343,000 168,000 4,260,000 247,000 1 to Sept. 80. 4.734,000 110,000 4,510.000 185,000 4,507,000 120,000 4,844,000 150,000 4,695,000 110,000 4,627,000 la^.OOO Indicated import Oct. 1 to Sept. 30 4,694,000 4,685,000 4,443,000 Deliveries United States, Canada, etc. Shipments to Europe. Less last September 6,607,000 2,198,000 game data Cotton picking has coiumenoed in parts of the Bengal distrleta, and flrst sainplcH nre oxpectod shortly. There Is no change to report In the prospects of this crop. In the Berars and Khundelsh the reports ara all that could bo desired, nnd the crop Is rapidly rli>riilng. No rain haa fallen In Knttlnwnr, and the plants nrn iilroudy allghtly damaged by drotigbl heavy (lews, howfvcr, arc now falling, which counteract, to a great extent, tbn shortness of the rainfall. Tlic cliaix-o ot a large crop of UhuUera cotton in now remote, and a shorter outturn than even laat year Is already spokin of. No further rain Is now expected la Ooxamt, and the outturn of the Broach crop Is not expected to oe larger than laat year. Tiio heavy dews now falling are doing good to the growing plants, New : of th« : Total .... 108.763 8, 136 11,474 13.282 10,457 the latest Oa.lve»tos— For Liverpool—Nov. 9—fltoamer Propltlotu,^—...J«0T1 10—Steamer Glenneld, For Fleetwood— No V. 10-Steamer Keto, 4,270. NEW Orleass—For LIveriiool -Nov. 9 -Steamers Aathor, 3.545; MOTclano, 5,529. ...Nov. 12-Stearaer Hugo, 9,211. « For Havre-Nov. 12—Steamer Havre, 7,129. PorHamburg—Nov. IS-SteamerBorusaULa.IOO. . ._. . „«^ For Barcelona and Malaga - Nov. 12—Steamer Crutobal Cojo^ 9.80^ For Genoa—Nov. 9—Steamer Utopia, 9,73S....Nov. 13—SteaiMr Elsie, 5,857. ... „ CiiARLEs-roN-For Liverpool -Not. 12-Steamer Progroaa, 9ea For Bar. elona-Nov. 18 -Steamer CMlllla, 4,909. WiLMiNO-roK— For Llverpool-Nov. lO-Steamor Areotbo, 9,300....iiOT. ll-SteamcrPhconlx, 4,800. NoRFOi.K-For Livenmol-NoT. 13-Steam«rFnitaTa. 2.957. West I'oivi^— For Liverpool— Nov. 9—otoamerBoaso, 8,707. 9— Bosxoif- For Llverpool-Nov. 6—Steamer Bavarian, l,135....»eT. : Shipments Oct. to Aug. Add next September Shipments Oct. Afloat Oct. 1 Total Afloat Sept. 30 -. 31.. Actual import 4,670,000 4,555,000 4,405,000 "We have assumed that the United States, Canada and Mexico will take 50,000 more than last season. From the balance left for shipment we have deducted the shipments in September this year and added those of September next year, assuming the larter to be 250,000, against 182,000 this year and 347,- . Steamers Istrlan, 2.251; Samaria. 393. For Halifai-Nov. 10-«teamrr Worcester. 40. For Yarmouth -Nov. 9-Steamer Yarmouth. 101. Baltimohe— For Llvori>ool— Nov. 7 -Steamer Mrntmore, 4,3»t. For I.ondou-Kov. 2 -.Steamer Montana^ l.OSO. Philakeuhu. For Llvetpool-Noy. 18—flteaiaec Ohio, THE CHRONICLE. 602 week have been Ck>ttos freights the past Do sail 1 Wednu. Thurt. Fri. c. Do via London d. »8 '^i"e "he he »8 =8 =8 =8 »8 65* 65* 65* 65* 65* 'la "he "''[e "''le 38 38 38 38 38 DAILY CLOSINO PKICK8 OP NO. 2 RED WINTER WHEAT. Mon. Sat. Tues. Wed. Thun. J^. 10958 1 10 November delivery .c.l 11 10938 1 lOig 109H December delivery c.l 12% 1 11 11038 llOTg 1 lO'a January delivery c.l 13% 11238 1 12% 1 12 11218 1 12J2 May delivery c.l 18% 1 17 11738 110% 117Ja 117>a Indian corn has declined. The offerings have not materially increased, but the scarcity of oceau-freight room has kept the purchases for export within narrower limits, and the speculation has lacked spirit. The arrivals embrace some samples of the new crop, which, being very damp, soM low. The weather has been such as to delay the getting of the new ciop into condition for marketing. To-day the market was dull and 38 38 38 38 38 weak under =8 ^16 "hs =8 65* Amst'd'm, steam. c. Do via London.d. d. ''i6®Hj Beval, steam d. Do saU 38 Barcelona,steam d. 38 Genoa, steam .. .d. "»8 ''16 ' Antwerp, steam d. ^ Per 100 lbs. 38®V,8 38®7,6 38®7,6 Trieste, steam... d. 6,„ =8 n^> he he he he he. 36®7,8 — Liverpool. By cable from Liverpool we- have the following statement of the week's sales, stocks, &c. at that port Nov. Oct. 26. Bales of the week bales Of which exporters took Of which speculators took. Bales American Actual export , .- Forwarded Total stock—Estimated Of which American— Estim'd Total import of the week Of which American Amount afloat Of which American ^^__ 2. • 48.000 2,000 1,000 38,000 7,000 61,000 233,000 178.000 H9,000 78,000 194.000 184.000 58,000 3,000 3,000 44,000 6,000 65,000 253,000 152.000 73,000 56,000 180,000 170,000, Nov. 9. 69,000 4,000 1,000 54,000 8.000 69,000 286,000 187,000 79,000 71,000 211,000 231,000 Nov. 16. 60,000 4,000 3,000 5^,000 11,000 74.000 321,000 229,000 119,000 110,000 24H,000 233,000 of spot cotton, have been as follows Oats have been tending upward, the bull party to the specshowing a good degree of confldenca. White samples have shown the most strength. To-day the market was quiet. DAILY CLOSINO PRICES OP NO. 2 MIXED CATS. ) Firm. Quieter. Steady. ] Mld.Upl'ds. 5% Bales Spec. & exp. 10,000 1,000 Thurtd'y. Good demand. offered. Freely Friday. Easier. 511,8 511,8 511,6 511,8 5X1,8 10,000 1,000 12,000 12,000 1,500 10,000 1,000 1 ,500 c. o. January delivery May o. c. delivery 31 Wed. 3118 31% 32% 31% 32% 35 3514 3158 3258 3514 is rMarket, 12:30 P.M. at Weak at 2 64 <S 3-64 decline. ) partially 1-64 ad- 5 vance. Barely Very 1 steady. eteaay. Firm at Steady 2-61 ady. Firm. at decline. Quiet and steady. Steady ai 1-64 decline. Steady. Steady. Very ^^ t*ai., N ov. Oven Btgh low. . bushel. The following are the closing quotations: 9 bW. f2 8i®5 i3 3 6 3 3 Soathem aupers SoutU'n com. extras.. We8t'nmUedNo.2. 49% 3 2 Western yellow.... Weatern wUlta 50 50 3 ® 9 d. d. 6 85 6 29 5 27 5 27 6 35 6 32 6 34 6 28 6 27 6 34 6 30 5 29 531 SSi 5i0 5 6 5 6 6 5 20 5 29 5 29 6 31 5 32 5 30 5 30 OhloaKO 529 6 30 }nlath 4tanea polls. Toledo 5 32 5 80 5 32 5 32 6 83 6 20 5 SO 6r.o 5 27 6 87 6 27 6 28 6 30 6 87 6 28 6 28 6 31 5 27 6 27 6 28 f 31 B32 6 31 6 33 6 34 6 3i4 5 80 SSO SSO 5 30 5 30 5 30 5 31 5 31 5 38 6 85 5 89 SS3 S35 5 30 5 31 6 83 6 35 6 37 538 6 82 5 31 6 32 5*5 5 35 5 37 &2r, 6:so 3:4 628 5S11 6 31 6 32 6 34 5 29 6 30 5 32 30 80 32 33 35 583 5 34 535 536 6 35 6 32 5 83 635 6 36 Thara.. Nov. 13. Open Hioh Low. OJm. Open High Lov). d. NoTcmber , Mot. -Dec. Dec-Jan. Jan.-Feb. Teb.- March Mar.-Apill April-May.. -May-June. June-July.. rt. ess 6 86 5 31 5 30 6 30 6 80 •6 32 d. 6 36 680 5 80 6 31 6 80 5 81 6 32 5 32 633 634 6 36 5 36 5 30 a. 5 35 6 31 5 30 6 30 6 31 6 32 5 32 6 80 6 80 a. Loxo. Clot. d. d. d. 6 32 5.32 5?3 528 6 38 6 89 6 28 5 28 6 27 6 27 6 29 5 28 536 534 6 35 631 6 29 630 5 29 6 89 6 2S 628 629 6 29 6?8 628 5 38 6 85 6 36 d. Open Bigh 6 81 584 635 6 33 d. Not. 16. 6 35 6 29 5 80 6 32 6 33 5 81 632 d. Clot Frt.. 5 27 6 27 528 52S 6 27 6 29 6 28 6 28 6 27 530 6 29 529 6 88 5 32 5 84 5 33 5 31 6 32 5 31 5 31 6 83 6i9 6 29 631 6H2 6 81 585 6 33 6 29 5 30 5 28 6 34 6 83 a. 528 628 529 530 5 82 6 34 BREADSTUFF S. Fkidat. p. M., Nov. 16, 1888. The floor maiket has In en dull, but there is no dechne in Ibis is due lo the action oi millers at Minneapolis piitts. acd otl er WeBtein points in curtailing production. Our holdeislave in cmttqumce btt-n veiy firm in their views, wtitirg lor tie needsof buyers to biing them into tbe market. The ctaiser ttufifs— r.ve Hour, corn meal and buckwheat flour tlicw tou.e dcclite. To-day trade gent rally was very slow. The wheat mhiket has been tluggish, prices fluctuating fttb)y within cairow limits. There have betn no active influccctb ht work, and operators seem to be waiting for some- 15 11 i Rye— 0. State&Jersev.S ba I Oata— Mixed White 20 No. 2 mixed 18 No. 2 white 51 Barley— sola Canada No. 1 Canada No. 2 .... 52 52 Two-rowed 5 50 0. 67 9 71 29 * 33 31 9 41 31is3 32>9 35 9 36 92 Si) 94 90 83 85 65 70 86 State.. aix-ro wed State Bmh.ie U» 279,034 237,112 148.755 1,195.896 §5.621 43,883 44,656 1.412,400 88 24.943 6,081 1.5.>i2.165 1.473.348 1.692,858 8,164,066 1.813,433 706,612 8.759,792 48,515.638 47.837,i06 34.012.887 S.78o,278 2U.8iJ8.746 3,196,305 47,750,962 33,226.923 ToUwlt. '88. iamewk.'87. li.'86. . 35,353 11,639 20.195 U0.845 39.0(10 5,298 156,146 ,34,400 1,088 8,888 12,100 924.103 973,086 674.060 133.321 33.722,570 10,077,559 2,822,618 30,135.232 10,282.678 729,788 27,47U.li4| 10.227.816 1.036,652 59,558 64386 1. 1888 1887 1886 The 80,738 54.S97 40.273 115,040 176.000 ..— .. 1,350, 195 2.250 Unce Aug. 82.678 23,620 2,038.279 4.0O2.19i 13.252 Jtye. 489,297 174,920 203.688 235.777 275.6:2 . Louis Barley. 976,400 50,000 115,300 5,781 Peorts darnel* 13,440 Oata. Busli.S2lbii Bu.'i)l.48It>.<{Bu. 56 151 111.795 204,1U2 37,878 180,S53 25,000 2.881 5,264 , Com. Bhis.imibt BluA.60 Uu Vlllwaakee.. aetrolt 'Cleveland Wheat. Flour. Rtceiptt at- 3t. Wednea. .Nov .14. 3 2 The movement of breadstuffs to market ia indicated in the ataiement beliw, prepared by us from the figures of the New York Pro luce Exchange. We tirat give the receipts at Western lake and river porta, arranged so as to present the comparative movematit for the week ending Nov. 10, 1888, and jince August 1, for each of the last three years: 6ai 632 528 35 Buckwheat 6 32 5?0 auperdne.. Com meal 15 c. Spring, per busli. . 1 05 91 .1 13 »1 Spring No. 2 Bed wiutetNo.2... 1 09 "aS 1 97 »1 Bed winter 105 31 White Com— Weat'n mixed. 48 9 d. 6 36 flour, Fine 00 Weatern, Ac 3 10» 3 25 00» 7 25 Brandywine . 3 259 20® 3 75 Bucltwheat floiu*, per 100 lbs S59 4 40 2 30® 2 50 c. 0pm 5S6 sse .'iOa lOa 3 65 759 3 00 Bye OBAnr. Wneat— d. Blgh Low. Oei 50 Southern bakera' and family branda $4 35 30 308 3 85 wbeat extras. 8 7.o3 4 Minn, clear and atra't. 4 So® 6 •Vlntershlpp'tfextras. 3 80* 4 W'lnterXXandXXX. 4 25 3 6 '<Drlng Clot. i. i. Tuea., Not. 13. 3278 35>8 ; (I. Open Bigh how. d Wov.-Dec... 5 ]>ec-Jan .. Jan.-Feb. .. Feb. -March Uar.-April April-May.. May-Jun«.. June-July.. Olo> nioD., Not. 13. a. a. Noyember 10. 3539 32 dull, though there is some export dem3nd. buyers and sellers being apart nearly 5 cents a Buckwheat is cheaper our inaide figure is for ar- Steiiuier JSo. highest, lowest and closing prices of futures st Liverpool for each day are given below. Prices are on the basis of Uplands, Low Middling clause, unless otherwise stated. rA« price* are given in pence and 6itht thui; 5 63 mtmn Ji 63 64d., and 6 01 means 6 l-64d. 3Hs rival. steady. The opening, Fri, 311a 3178 32^8 3538 dull, . Steady Tliurt. Rye remains Barley Pitentg 10.000 1,000 Mon. 31 Tuet. 30^8 3158 32=8 Sat. November delivery December delivery I Wednes. Fri. 49^ 4919 48^4 ulation iae »npertlne... : Saturday Monday. Tuaday. Market, 12:30 P.M. full supplies. DATLT CLOSING PRICES OP SO. 2 MIXED CORN. Sat. Mon. Tue*. Wed. Thurt^ December delivery c. 5138 50 50ie 50>a 50 49ia January delivery o. 49''8 49 4914 4914 48=8 Maydellvery 0. 48% 48 4813 48's The tone of the Liverpool market for spots and futures each day of the week ending Nov. 16 and the daily closing prices Spot. decline. "a 08 vlaLeithd. Hamburjj, steam wants. some >4 e. The export demand was trifliny, and local have last week supplied their immediate To-day tbe speculation was dull and the close was at thing to turn up. millers seem to as follows ..c. Bremen, steam Do Tua. Mon. Batur. Uverpool, steam d. DovlaQl'sg'w.d. e. Havre, steam [Vol. XLVII. supply of grain, comprising the stocks in granary aud seaboaid visible St the principal points of accumulation at lake ports, and in transit by water, Nov. 10, 1888 : in elore al - New york Do atloaC 'Albany Buttalo CJhioatto MUwaukee Dnluth Toledo Detroit — Oawogo .. St. IvOUls Do afloat.. ClncinnatJ Boaton Toronto MoEtrcal Philadelphia Peoria IndlanapoUa Kansas City Wheat, Com, Oats, Xye, bush. 6t*«A. Intsh. btish. 9.491,729 894,005 1,959,186 40,3o0 165,600 1.500 41,600 60,600 3,657.333 335.695 187,117 4.424.519 3,081,859 2,947,473 64H.125 9,939 27,07 760,222 3,791 2,037,625 37,809 109,874 1,288.869 47,040 62,425 2^,000 75,000 155,368 854,579 4,144,009 23.000 84,000 12,000 25,000 5,901 146,277 392,062 34,614 263,169 22;918 19.436 581,110 97,002 223.565 140.283 26.645 546,610 414,242 2.540 90,702 9,396 345,001 347,199 13,442 6,0 O 25,000 145,668 720,119 187,281 Barley, bush. 3 3,818 59,200 22,600 292,844 66,007 252,951 548 36,171 lsi,634 19',507 128,969 360,000 78,926 88,000 '29,060 1,172 9,266 232,314 8,604 93,806 5,474 11,344 39,077 3 NOVKMBBR THE CHRONICLE. 17, 1888.) Wheat, buah. Com, l.SSO.DU 11,8-17 Oal; 608 BarUy Ky«, ued at |3,0'(0,on3, and 81,101 paoktffM, valiMd al 9M».m. h.*»« Kone to South AmerVoi. For thn aam* pwiod o( IMV the exports to all ports wpre IM.QOS paokagtv. ralnad al 8t. J'aiil 115,000 of whioh 10.097,898, 78.858 paokagm. valaa<1at $H.Vn,ni wMt On MUxUBlppI 47.780 ft40 to China, and 85,986 packagps, valuwJ at $J..'i7tf,HW, to riotilh On Lakog 357.700 1,014, IM2 211,803 37,000 America. To thnoorrrsponding time in IHHH the toUl abipOnoaual river. 208,000 2,133,100 1 80,000 24,300 120,000 raents reached 180.513 packageii, and in 1H8.'» wor« lS8.8n Tot. Nov. 10, '88. 34,340,010 9.2'>0.7r,a 8.4.tO,21>U \.f>r>a.0{)2 l.«2l,fl02 packages. vtras continued irregularity In th« demand There Tot Nov. 3, '88. SS.GDA.lOO 10.773.007 8,594,1(81 l.S.'iO.OlO l,78t;.400 Tot. Nov. 12. '87. 3'.23S.887 e.!).'13,3rtl) O..'i30.000 275.810 3.215.560 for staple cotton goods at flrst hand*, and tb« jobbing Irad* Tot-Nuv. 13, '80. 58,322..548 13.01)0.713 5.049.600 4-9.731 2.597.418 ruled quiet. Brown sheetings were In moderate requfat, and Tot Nov.l4,'86». 47,067.012 4,1 10.070 3,533,487 605,098 2,031,314 there waa a steady movemnnt in cotton flanneU and wiJa * l/tuit WRf^k'g Bturk< sheetings at Arm prices. Bleached shirtioga and cambrics tlilx week's not rroelved. MlUDeapolts and St Paul not Included. were largely distributed by means of price oonceaaiom. lionadale and Fruit of the Loom shirtings were redooed Wc. per yard, with large resultant sales, and Lonsdale oambrio* wen Baltimore Mlnnrnimlli buMh. bu9h. 100,111 3,U4fS.lHt ™„ 12 J fa ifc : t THE DRY GOODS TRADE. NBW Oning in YOBX. Friday marked down good part to unseasonably mild weather gectioDS of the country, in wide demand the dry goods for consumption I'^c. per yard. Colored cottons ruled qaiat, but prices are nominally unc^liangeil. Print clolha were in good demand, and prices are Hrmly maintaine<l on the ba^ of 3 18-16C. for 64xfl4i and 3>^c. for .')6xt!0<«. Stocks last Saturday, and for the three previous yearn, were an follows P. M., Nov. 10, 1888. for seasonable sorts of has not realized expectations during most of Provlileiu^e JVod. 12. 195.0(10 Fall Klver umiiufBCturer* Provtilunc'O speciilntora whom take a very hopeful view of the trade outlook, but their operations in spot goods were comparatively light, Fave in the case of certain makes of bleached cottons, which were reduced to Qgures low enough to quicken thoir distribution. In some descriptions of spring goods a very fair kets, Held by 1H97. 1888. Snr. 10. manurrem. 38,000 Sloek of Print Ololht— the week under review. There was a \ery considerable influx of jobbers and department buyers from interior mar- Outside speculators (est) Total (took (pieces) 1880. Sot. 13. 22.000 None. None. 29,000 44,000 00,000 43,000 111.000 42.000 20,000 60.000 328.000 210.000 1885. Hot. 14. 2!<4,00O 216.000 330,000 75,000 775.000 Prints were mostly quiet in first hands, but a very fair business was done in sateens, KinKhams, seer«ucker<>, cham'irays, white goods, &c., adaptml to the spring trade. Domestic Woolen Goods.— The market for men's-wear woolens ruled quii-t, transactions having been miinly restrictwere almost wholly for later delivery. Retailers were not ed to making deliveries of spring ca^simeres, worsted suitvery liberal buyers, owing to the backwardness of the demand ings, &c., on account of former orders. The late sharp for consumption, resulting from unfavorable weather condi- advacce in wool has imparted a firmer undertone to the market for manufactured goods, and stocks of hnavy clothing tions, but their stocks are so well in hand as a rule that a fair woolens are so emiill in flr't hands that holders rigidly adhere supplementary demand in the early future is expected by to current quotations. Fancy cloaking'* were in moderate request, tut staple makes ruled quiet, and stockinets and jobbers. A feature of the week was a break in west-bounil Jersey cloths were sluj^gish but firm. Satioet-i and doeskin freights by the trunk lines of railroads, which will proba'ily jeans were quiet in demand, but prices remain unchanged. lead to increased shipments to the West and Southwest shortly, Soft wool dress fabrics, also fine worsted dress goods, were in though no very active movement in this connection has been moderate request, and there was only a limited bosiness in thus far developed. flannels and Mankets, owing to the mildness of the weather, Domestic Cotton Goods.— The exrorts of cotton goods but prices remain steady. from this port for the week ending Nov. 13 were 2,3«6 packFoKEia.v Dry Goods.— At flrst hands the demand for imaces, valued at |147,6S1. These shinments include 1,385 to ported goods was extremely light, ani the jobbing trade was South America; 480 to the West Indies; 310 to Central strictly moderate, specialties in holiday goods alone having America; 150 to Aden; 70 to Liverpool; 43 to Trfberia shown a semblance of activity. The retail trade is still backMexico, and 85 to all other countries. Since the ward, and until stocks in the hands of retailers have been re13 to 1st of January the exports aggregate 126,573 packages, valued duced to the replenishing point but little improvement in the at|7,t}S8,319. Of this total China has had 40,769 packages, vaU demand can be looked for by importers or jobber?. bu(ine(s was done by commission houses, but transactions ; %U&ViXVLUCt, The United IN States Life Insurance Co. THE CITY OF NEW YORK. & 263 Broadway, New OBO. H. EURFORO, President. jlteam0lti)y0. THE ON EY & Provident Life Trust Co Direct Line to France. OF PIlILflDELPHIA. Incorporated Third M<i.. aid. 1S»8. (CHABTEK PEUPETUAL QENERAL TR.iNS.\TLANTIC CO. CAPITAL, 91,000,000 ASSETS, ¥20,115,023 4». Between NEW VORK and HAVRB. ) (OBQANIZBODINIISSO.) 261, 262 IttstttEttce. INSURES LIVES, GRANTS ANNUITIES. RE- Prom Pier (new) 48, North Rirer, foot of Morton St. MONEY ON DEPOSIT, returnable on York. CEIVES demand, or on which Interest t8 alluwed, and in LA OASCOONE, SanteUI Sat.. Not. 17. 4 AJf fmpowered by law t.iactas EXi':<UT()Il, ADMIN. I,A BOUKGtKJNK. Fran<eul...8at.. Not.V4.«A.M. ISlMtATOR. TKIJSTKK, (iL'AKDlAN, ASSKi.NKK, LACUAMl'AONE, Boyer Sat.. Dec. 1,3 P.M. OMMITTFIK. IlKCKlVKll, AG KM, etc.. for Ihe Travelers by this line avoid both tranalt by ( C, P. Fbalxioh, Sec, Wu. T. A.WaEXLWRii.BT,Aast.8«o. STANDIH, Actnarj. IMCHXASK IN ASSETS OVER INCRKA8E IN NEW BUSINESS, - iNCRXAHiorBcrsiNESS IN FURCE, - 8160,000 40 Per Cent. - 8'.j,400,UOU • INCONTESTABLE, CLAIMS PAID PBOMPTLY. TEN DATS' ORACB. ABSOLUTE SBCCBITT. which ltd capital and faltiiful performauco of surplus fund furnish ample security. All trust funds and Investments are kept separate and apart from the assets of the company. The Income of parties resldini; abroad carefully collected and duly remitted. SAML T. K. SlIIPLBV, WlSTAll BROWN. ASA !-. Ih-esldent. Vlce-l'resldent. WI.N(i, Vlco-ITesldfnt and Actuary. <>OL10IBS The moat liberal and equitable contraci eonnlnient Willi rccoKiiized business principles. GOOD AQBNTS, desiring to represent the panr. sre Invited to address J, », SaperlDtendent of Asencies. at llome Office. Com. The M. Investors' L. Uepart.Cancernini Aflalr.ai Car»aratl.oe BAILKOAOS B8PaCIAU.T. Lus. Library Railroad DocnmenU, Competent EzperU C GAPFNKY. The Mutual Benefit LIFE INfSURANCE CO., NEWARK, AMZI DODD, N. J. m 2827.749 00 5.ea8,7«2 70 Surplus Surplus (Former N.y.atandard) POLICIES AUSOLUTKLY NON-PORPEITABLB ArTEU SKCO.Vn VEAK. In casi op lapse the Policy la roNTiKTTKn vs porci Aft«r the second year pftlicieiiHre iNidNTKHTAttLK, except an ajtalr.st Intentloral fraud; nntt all r«rr*c. nccupation are rrmoMd. Cahh lua.n'h are made to the extei of 50 per c«nt of the renerve valtie, where valid aasii^niienta of the policlett can be made aa collat«rAl Becnr.cy. L088K8 paid imiuediAtelT apon oompletioo and approval of proofs. iir . ticlteta at much reduced Staten Island Securities A SPECI.\IyTY. One, ^Railroad and Electric :i.ighl Co. c^locke. ers al Its olHcu In .Sew York special llokeU from iLavre to Paris. UaKKiiKc cbeclied through to Paris without examination at 1 Invre. provided pa seenii en have the same delivered at the Company's dock in New York, Pier t^. North River, foot of Morton SL, two hours before the departure of a •taoaur. at least A. FORCiET, No. STOCKS 3' 66 Broadnraf. Room 8. Augustus Floyd, 42 PINE 8TEEET, UBOKIB tW INVESTIHENT SECURITIES. Affeat, Hoivlinc Green. and BONDS At Auction. SALES of RBOULAR AUCTION of all cl STOCKS A.\D BONDS DM WEDNESDAYS AND SATURDAY?. ADRIAN GEO. B. RIPLET, rate.. Special Train rt-om Harre to Paris. The (^impaKulo (ionerale Tr&nsatiantlque deliv- Uoienla ChanrM. aa lonct oa tta value will ^txj Utr, or, if preferred, a Paid-Dp policy for its full taIqo iHlSdUPd in exchantfettofu tu tn regidence, travel Return The undersigned hold 1688....$43.111.2:» 33 9W.aH3.484 Liabilities (4 per cent ReserTe) 1, Dildential Reports. i Channel Send for eimolar. Preaidenl. AssetsiMarket Values), Jan. Agency. 8CUDDBR. JR., PROPUIBTOB, 240 LA 8ALLB ST., CHICAOO, ILL. I railway and the discomforta of oroaalns in a small boat, Pkick o» PAB8AOE (Inclading wine):—To Hail* First cabin, 1100 and $8U: aeoond oabin, MO; ateerbeddiuK and uteoalla. aite, t^o— IncludinK wine, llsh No. 1 II. Mi; LEER 4c SON, PINE STREET. 2(£V TOKK. MEKCHANTV NATIONAL BANK, RICH.-nuND, VIRGINIA. Coliectkios mad* on mut prompt returns. JOSK r. QLUIM, Cosh. all Southern '<oiats tVLMO. H. MUIT. oa »* I Vl«»-Pns THE CHRONICLE. 604 rVOL. XLVII. 'gvnst ^atapn,nUs. ^inattciaX. Union Trust Company Holland Trust Company, OF NEW YORK. NO 7 WALL STREET, NEW YORK, ... ... 73 Broadway, OAFITAL, SVRPJLCJS, cor. Rector St, N.¥. $], 000,000 3,000,000 Anthorlied to act as Executor, Administrator Qnardian, Receiver, or Trustee, and Is A LEGAL DKPOSITORT FOR MONEY. Accepts the transfer agency and registry of stocks, as Trustee of murtRages of corporations. Allows Interest on deposits, which may be made at anytime, and withdrawn on five days' notice, with interest for the whole time they remain with the company. For the convenience of depositors this company also opens current accounts subject. In accordance with its rules, to check at sight, and allows interest upon the resulting daily balances. Such checks pass through the Clearing llouse. and acts TRUSTEES: „ Wm. Whltewright, James M. McLean, Henry A. Kent, Ambrose C. Ktngsland,! James U. ogiivie, B. T.Wilson, Wm. F. Russell, 8. T. Fairchlld, Wood, James N. Piatt, D. C. Hays C. ». H. Frothlngham, George A. Jarvis, I. c. Vanderbilt, A. A. Low, G. G. Williams, R. G. Remsen, Wm. Alex. Duer, Charles H. Leiand. Edward King, B. B. Wesley, D. H. McAlpin, George B. Carhart, Edward Amasa Schell, J. Samuel Allows Interest on deposits. The longer the time the liiKher the rate. Also Interest on balances of active acconnta of merchants and others, subject to check as In anjr bank tends money on promlssorjr note without endorser, and accepts New York City or Brooklyn appraised first mortgages with title guaranteed as collateral security. Acts as Executor, Trustee and Guardian, under wills, for the fixed statutory charges; also as Registrar, Trustee, Transfer and Financial Agent for States, Cities. Towns. Railroads, and other corporations, and for Real Estate Mortgages with Coupon Bonds in New York, Brooklyn, and elsewhere. Collect Rents, Coupons and Dividends. ; TRUSTBB8. Van Allen, Warner Van Norden, Hooper C. Van Vorst. James B. Van Woert. G. Van Nostrand, John R. Planten, Henry w. Boukstaver Parker, ROBERT B. ROOSEVELT. President. JOHN D. VERMEULE. Vice-l^resident. ChannceT M. Depew, Geo. '. Magoun, H. Van Rennsel'r Kennedy, W. Emlen Roosevelt. " EXECUTIVE COMMITTEE: „ Wm. Whltewright, G. G. Williams, James McLean, B. B. Wesley, c. D. Wood, A. C, Kingsland. KING. President. JAMES M. MCLEAN, First Vice-Pres't. JAMES H.OGILVIB, Second Vice-Pres't O. B0NALD80N, Secretary. A. W. KELLEY, Assistant SecreUry. EDWARD . A. No. 10 CAPITAL, WALL , . NEW YORK, Mo. 49 WALL STREET. VAPITAL AND SURPLUS, Sr.UOO.OOO This company a legal depository for moneys ^fcicinto court, and la authorized to act as guardian Is iTtrastee. INTEREST ALLOWED ON DEPOSITS, Which may be made at any time and withdrawn alter Hve days' notice, and will be entitled to inter•at for the whole time they may remain with the Oompany. Executors, administrators, or trustees of estates, and females unaccustomed to the transaction of paslness, us well as rellt'lous and benevolent Instltnti')n8, win find this company a convenient deposit. ory for money. JOHN A. STEWART, President, GEORGE BLISS, Vice-President, JAMES S. CLARK, Second VIce-Prett, TR tJSTEE S Wilson Q. Hunt.iH. E.Lawrence, iWm. Llbbey. Clinton Gilbert, .KrHstus Corning, John C. Brown, Daniel D. Ijord, |S. B. Chittenden, lEd ward Cooper, Samuel Sloan, Johnll.Rboades.l W.B'y'rdCuttlng James Low, Anson P. Stokes. Chas. S. Smith, Wm.W.Phelps, R<^bt.B.Minturn. Wm. Rockefeller, D. Willis Jamp .[Geo. H. Warren, Alex. E. Orr, John ,„„,.„, J, „„^u., Astor, iGeorge Bliss, Wm.H.Macy.Jr., John A, Stewart,! Wm. D. Sloane. Charles E. Bill, L. THORNELL, Secretary. LOUIS G. HAMPTON, Assistant Secretary. HENRY ST., . DIRECTORS: F. O. French, N. Y. R.J. Cross. N. Y. H. L. Hlgginson, Boston. Jr., liandolph, N, Y. C. c Livermore, N. Y. C. C. Baldwin, N. Y. Chas. F. Tag. N. Y. Henry Field. Chicago. T J. Coolidge, Jr., Bos. N.Y. James O. Sheldon, N,Y. A. S. Rosenbaum. K. Y. Wm. Dowd, N, Y. Sam'l R, Shipley, Phila, R. T. Wilson, N. Y. John 1. Waterbury, N. \ . Francis U. W. Cannon, N. Y. John R. Ford.N. Y. The Brooklyn Trust Co. Cor. of MONTAGnK &, CLINTON ST8., BB'KLYW, N.T. CAPITAL, (all In U.S. Bonds) . 81,000,000 ^CRPI.rS ezceedlDR 1,000,000 INTBRKST ALLOWED ON DiCPOSITS. ... This Company Is authorized by special charter to act as Receiver, Trustee, Guardian, Executor or Administrator. It can act as agent in the sale or management of real estate, collect Interest or dividends, receive registry and transfer books, or make purchase and sale of Government and other securities. Religious and charitable institutions, and persons unaccustomed to the transaction of business, will And this Company a safe and convenient depository for Capital, FulJy Paid, . « 1,000,000 THIS COMPANY TRANSACTS A GENERAL LOAN, TRUST 4 FINANCIAL BUSINESS. Receives money on Deposit, subject to check, and allows Interest on balances. All Checks pass through the Clearing House. Makes Investments of Money, acts as Executor. Almlnlslrator. Guardian, Trustee, etc. Also, as Registrar and Transfer Agent. An authorized Depository for Court and County 'j^^^-.j Treasurers' Funds. O. D. BALDWIN, President. Vice-President. Sec. A Treas. GEO. A. EVANS, J. 8. THURSTON, DlRBCTORB John L. Macaulay. Rowland N. Hazard, George S. Hart, Alexander G. Black, Wallace C. Andrews, John 1. Blair, William P. Anderson, Jules Aldlge, John D. Kimmey, John Ross, Cnarlaj Parsons, ; George A. Evans Granville P. Hawes. James 8. Thurston, Benjamin K. Tracy. John Thus. S. t^llver. f. Goodrich, Payson Merrill, John Townsend, Herman Clark, Thomas C. Piatt, P. NEW YUKK. CAPITAL, «3,300.000 New York, May 14, RIPLEY ROPKS. President. En.Ml'ND W. CORLIE9. Vice-Pres. CUBRAN, Secretary. FRKDEKICK C. COLTON, Asst. Sec. TRUSTEES. Joslah O. Low, Alex. M. White, A. A. Low, Alex. McCue, B. V. Knowlton, C. D. Wood, John T. Martin, Wm. H.Male, Fred. Oomwell, Ripley Ropes. John P. Rolfe, Abram B. Baylls, Mich'l Chauucey, E. W. Corlies, H. W. Maxwell, Wm.B. Keudall, H'y K. Sheldon, J. J. Pierrepunt. DRAW ON THENATIONAL PROVINCIAL BANK OF ENGLAND (Limited,) _„ THB UNION BANK OF~ LONDONI(L'<1),J^ London HBINE & CO., Pari*. JOHANN OOLL A 80BHNB,} ^'^^jj,""""' 1 ( BLBICHROBDBR, Berlin. DBUT8CH8CHWEIZER18CHBCBBD-)a. 8. i-i-ll J8t. Uall. IT BANK, BLANKKNHORN, F. Bank WM. N, Y. CORNWBLL. Cash'T. Capltal....8300,000 Surplus l|-.«30,000 This Bank has superior facilities for making Col S.S.jKWITT.Pres't. C. I lections In and out of the city Designated as a legal depository by order of Receive deposits of money on Bapreme Court. Interest, act as llscal or transfer agent, or trustee cor corporations, and accept and execute any legal crusts from persons or corporations, on as favorable erms as other similar companies. THOMAS UILLEtOUSB. President, jrHEDERIO D. TAPPlrfj, VIoe-PTOTldeut, on the most liberal terms, and with careful attention to the best inter ests or Its correspondents. COHRESPONl>ENT8;— Importers' & Traders* National Bank and Chemical National Bank, New York; Merchants' Loan & Trust Union Bank of Loudon. London J. 8. Ai.mAicDiiR. Pres. Co., Chicago A. A. axkeandsr. Gatb'i Texas National Bank, 8AN ANTONIO, TBXAS. OOLLBCTIONB AND INVB8TUBNTS MAOB Correspondenoe Invited. THOMAS BRANCH &. CO., BANKERS AND COMMISSION MERCHANTS, RICHMOND, VIRGINIA. Circulars and Information on funding the debts of Virginia and North Carolina free of cost; one-eighth per cent charged for funding. Southern"Rallroad and State and City Bonds bought and sola. American Association OF PUBLIC ACCOUNTANTS, Incorporated August tlO, 18S7, Cnder the Lawsland Statntee o< the State ot New York. The business and objects of this Society are to associate Into a Society or Guild, the best and most capable PUBLIC AccotTNTANTS practicing the Cnited States, and through such Associatioii elevate the profession of Public Accountants, as a whole, and demonstrate their usefulness by compel ling an examination as to tltness, and the observance of strict rules of conduct as a condition of FIDELITY A CASIIAL.TV NEW OF CO. YORK, Noa. *Z14 4b t216 Broadway. CAPITAL, ta50,000. ASSETS, $73«,0«2 86 Issues SURETY BONDS, guaranteeing the fidelity of persons In posttious of trust, such as employes of Itailroads, Banks, etc.; also Administrators, Guardians, etc. Issues ACCIDENT POLICIES, containing all modern features. Also PLATE GLASS and BOILER POLICIES of approved forms. Agents win appreciate the advantage of dealing with a company which does more than one Hue or business. OFFICERS: WM.M.BlcHARDB.Prest. OKO.F.8KWAKD,V-Prest BOBT. J. Hu.LAS, Sec. DIRECTORS: Geo. B. Coe, A B. Hall. J. G. McCullough, J.S.T.Stranahan H.A.Hurlbut, T.S.Moore, JRogersMaxwell, o-S-Sm.'i. •'T-'i;^'^'''?,"^®' John L. RIker, Q. G. Williams. Wm Geo.P.Seward M.Blch arda. OFFICERS: President— JAMES YALDEN, New York. Vlce-Prea.— JOHN HEINS, Philadelphia. tJec.-JAMBS T. AN VON. New York. Treas.-WM. H. VBYSKY, New COUNCIL,. Investment T. Anyon, N. Y. Mark C. Mlrlck, N. Y. Louis M. Bergtheil, N.Y. Rodney Mcl^aughlin, Boat. William Calhoun, N.Y. C. H. W. Sibley, N.Y. George H. Church, N.Y. William H. Veysey. N.Y. John Heins.Philadelphla. Walter U. P. Veysey N.Y. James Yalden, N.Y. •.FBLLOWS ue -IHE ASSOOIATIOtt. James T. Anyon, Louis M. Bergtheil, Thonuu Bagot, James Cox, William Calhoun, George H, Church, C.W. Hasklns, R. F. Munro, Mark C. Mlrlck, C. H. W. Sibley, Henry M. Tate. William U. Veysey, Walter H. P. Veysey, James Yalden, New York Richard F.Stevens, Jersey City, N.J.; Horace D Bradbury, Rodney McLaughlin, Henry A. Piper, Boston. Mass.; John VV. Francis. John Heins, Henry Kelly, Philadelphia, Pa.; Eric M. Noble, Washing! ton, D. C. OIBcea ol ihe Association, No. & Montauk 60-year new 6s. First-class Water Company 1st mortgage es. First Mortgage Railroad Bonds, 6s, to pay Investor from 49i to 0^ per cent, WANVEU: Coluoibns Ohio A Toledo & West ist "s. Virginia Ist Ts. HACHFIKLD, an Fine Street, New Y.rk, A. £. \'ili Broad- New York City Bonds. FOR SALE: Brooklyn York. James way, Itoom 31 (Oth Floor), 37 Wall Street, New York. PAin-ITP CAFITAI., . . 91,000,000 Cantaler. of Buffalo, BUFFALO, membership. THB O. D. Baldwin. Metropolitan Trust Co., 18S7. This Bank Is now opened for baslness. Accounts respeotfnlly solicited. The Qsaal banking faolUtles extended to cnstomera. Orders for purchase or sale of seonriUea will receive careful attention. Foreign Exchange bought and sold. Facilities for keeping aoconnts In Sterling Exchange, subject to draft In kind, will be afforded. The methods of receiving such deposits and making payment against them will be subject to arrangement. money. JAS. ROSS American Loan & Trust Co., 113 BROADWAY, NEW YORK; OF THB CITY OF Ormond French, President. John 1. Waterbury, Vice-President. Authorized to accept and »xecuU Trusts of even, de Kription. Trustee for investment and management of real and personal estate. Deposita at interest subject to check through the dea* « ina House, Ite^istrar and Tran»fe>r Agent. Caaliler Shith, Assistant Cashier The Western National Bank Co. 91,000,000 . _ H. A. Vlco-Prea't. NEW YORK. . F. BiujrKINHORir, ^ SICLEN, Secretary. Manhat tan Trust ED. OF VAN GEO. W. August Belmont, United States Trust Co. W. Vanderhors't Kuyt. Henry W. O. Ed ye. J. Robert B. Roosevelt, George M. Van Hoesen, Jotham Goodnow, William Dowd. George F. Hodgman, Peter Wyckoff. William Remsen, F. Barger. Geo. C. Magoun, D. C. Hays, John D. Vermeule. John Van Voorbis, W. W. Van Voorhls, George W. Van Siclen, James Roosevelt, Augustus Van Wyck, Garrett A. CONKAD N. JOKDAN President. CHAKLXg J. CANDA, WILLIAM FRANKLIN HALL, 244 Wasbln^tou St., Boston, ACCOUNTANT. Books and accounts audited and adjusted. BettlBinent of iniolyent estates on eredltort oftrefally arranged. NOTARY PUBLlCf behalf ol