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xtmtk HUNT'S MERCHANTS' MAGAZINE, BBPRKSENTINQ TMK INDUSTRIAL AND COMMERCIAL INTERESTS) OP THE! UNITED STATES VOL NEW 43 YORK, NOVEMBER l^ixmnciKl, DIAMONDS. 78 TO 86 TRINITY PLACE, YORK. & Alfred H. S^ith Co., IHPORTERS, 182 Broadway, Cor. John Street EjICRAVKKS AND PRIKTVBS OP •ONOS, POSTAGE & REVENUE STAMP*. LEGAL TENDER AND NATIONAL BANK MOTES Of the UNITED STATES) and for ENGRAVING AM) PRINTING. OHAKB CEKTiriCATEB, BOHB* A>D t'OuruKATIOXa. roH •BAfTS, CE<.K^ BILI,% OF F.XcnAHeB, «TAllPa, A*, U U« lacM kbJ maat srtlxla «ri« FB«X BTKO. PLATBa, SOTFJI, SOLID SILVER. w* 9€ iMm C »w | /. SAFETY PAPKM* •AFCTY COLORS. W«rk rMH«<ii «>—fBi ta !! AkiLWAT TMsm cr t»w ««ri» lA « GORHAM MTg Broadway and Nineteenth Street, ASD 9 MAIDED UkSS. l i. < Bros. BANK KR8, .... Aaoaala •< Ut^kM. Ov fMiauaa - $400,000 B40o,ooo - !»« aiada lo an/ part of tba eonntrr AoooaoU of Baiika, MarohaoU and at lowaat rataa. m • (raai Mmiom U araMTT* tuj, aad tal a n i wtlh MBfea (aot loiatait la otkar l anr Ti <IUaa) oooat aa a draw oar on eiekaaaa oa l/nmSam aa4 tha pUaa CoouoaaL aad maka ChMa Uaaafata moomj br talagiapk itaroagkoat Um Dattad Slalaa « ! Waafclagtoa adafor •nthaat astn obarta- Wa laraaUMot ka*a a aarkat for SaaarlUaa, aad ia*H« «l«aaBdaUaa.«'k«a Wa do a gmttnl tm ASA JO*. P. r liailiim, POTTBB, aad IbtIU eor- St WESTON, BXCHANSB COVBT, Naav Tork. BMTBT C. TnrkiB. Maaibar N. T. Btoak Bnh. KatdaLAiB wmua STOCK BROKER. Lansdale Boardman, NBW TOBK, 80 BBOADWAT A S NBW ST. TBOT, & Robison, BANKERS AND BBOKEB8, N. T., No. 17 FIBBT BTRKKT. Ma*ltak.BaBbarahlp:prtTaUwtrai aO taaUttlaa. Naw York. Wh. 0. WnuAM ~ ruonvJoKM. BANKKR AND BROKBB, Noa. S 4e S Broa4 .or 29 W^all & A. Kohn Naw Tork Btook Bzohange. Dlof Marohaota' zshanga National Bank, Amartoao BaTlnsa Bank, Amarloaa Safe Depoalt Maaibar of tha raetor Ac A& Saoorlttea bonxht and aold oa oommlaaton. for eaahor on BanlR. AU Inqnlitaa gratnliooalr raapoodad to. Oo<-reapoadaaoe aoUeit^. B. Hollins & TS BROAD MT., N. T. of the New Voik Stock Bxchanca. Bkoeata orders on rnmtnlMlon for Bonda. Stacka aadParelca kachaaae. Da«lera Id dral-claaa loveataiaat Secarlllea, BBOADWAT, NEW TOBK. 74 DEALERS I.N OOVERXMENT, MUNICIPAL AND RAILROAD 8BCURITIES. DEMAND DEPOSIT ACCOUNTS RECEIVED ONTBRBST ALLOWED ON DAILT BALANCES. E. L. Oppenheim Henry [KSTABLISnKD IM2J. & 58 New 51 Bkahch Edward & Co., BANKERS, N«. tC NASSAU e. o. ST., BOX NBW TOBK. !.«». Raaal*a dapoatta anblect to ebaek at tlcht and lal dallr balanoaa. OovaraBanL Stata. Conntr, City and Railroad boate eonatantir OB hand f or iaio or azchanKO. and parMealar attantJon Klreo to tba anbject of Inveataata tot InatJtntlooa and tniat foada. R. T. LaoXAHD Stkut. 'Walter Del. Mar. Oppenheim. Alexander Campbell VV^ilson & Co., BANKERS AND COMMISSION MERCHANTS, 3 Ezchmnse Court, New Tork. & Co., BANKERS AND BBOKEBS, 17 NASSAU STBEET, NEW TOBK. Malcolm CAMPakix. Member of N. Y. Stock Exoli. H. CBCaiB OAKUT. JAMBI WHITILT. Maticabd a BTRI. BkHBT H. DoDOl, Waahln«ton,D.O. WM. R. TBATaita, gpaolal Partner. Prince Tranaaat a ganaral baoklnA bnalnaaa, Inoladlnd tha pwataaa aad iaia of aacorlUaa Uatad at ti>a Naw York Stock Bzakanda. or in tha open markai. ma wm nn L. Street and 42 Broadway. OrricE, 81 Inatltatloaa. S. Ives & Co., BANKERS AND BROKERS, Particular attealton tgiren to laTaaCmenta for Cap- Tnui Kanda and Co., Traaaact a Oeaeml Baakiai Bualneaa. BANKKRHI AND BROKERS, (MltXS BUILUINO), IB & BANKERS Bosuoa Co., Street*. (Brahch OrncK, MO Biioai>wat.) Maaabata WairTork atocB T. of tbe New Tork Stock Bxohanae Membera Trowbridge, F. E. MiiBi. Booda aod D. 8. OoTanimaot BaoorlUaa Boacbt aod gold on Coaimlialoo. Prcaldent. BANKERS AND BROKERS, il«. * Floyd-Jones Itallata. W. WOBB, CaaUar. TINKER : No. S KzeltaDC* Coart, azaaOaot for Wa Rsru TO— ManhanU' NaUoaal Bank aad Bank of Notth «aiar laa, Naw Tork MarokanU' MaUooal, Chlaacoi Mat- ) r. DiCKlKSOlff.I H. niI.WAl''KEE, WIS. and CorponUona ODLLBCTIOKS an (or Co., arlek Natlooal. Boatoo. BOSTON, MASS. - Waixott, COLLBCTIONB otkan aolMiad. Maverick National Bank & Houghton : - Stocka Add BoQ<ta boaght and told on CommUaloo, Ordera raoelred 1q Mining Btooka, &nd In UalUted Secnrltiaa. CoUoctiona ouule and loana negotUted. DtTidenda and Intsroat eoUeoted. Dttpoaiu r«oelTed aubjeot to Draft. Interest allowed. Inrestment aeoorttlea a apeeUUty We toane a Vtnanolal Report weekly. Companr. iiq iLAMK SOOKS OF EVERY DEaCAIPTKM ALBERT 0. eOOMLL, PtmMmL VII FIRtSIUENTS A. D. SHEPARD, $. MACOONOUGH, TOURO ROBERTSOM. «. M. SMILUE. THEO. H. FREELAND. SacO^n'Tn CAPITAL, srarLUB, Co., Co., BANKKR8 AND BROKBBS, No* %4 Plae Street, New York. TranMict a General Banking Bosinesa rkAKK COVER.N'Mr.NTS & C. Walcott Joe. C. Forvlsn Co«ernmenta. •AXK 1,117. I^itxatucial. . J- Bank Note Company, NO. 1886. 'ginnncUiX, AMERICAN NEW 20, & Whitely, NEW TOBK. No. «4 BROADWAT, „ ._^ r.^.^.JW'Mf'ATey New York. BBAVCB Omcaijg|9jBu,gt^waahlnKton,D.O aell on aoaunlaalon all olaaaea of Railroad and ProTlalona. PtlTaMTalaaraph wtrei to Philadelphia. WtlmUui. Bar and gaenrltlaa; alao Grain ton Baltimore, Waahln«ton.Brtdseport, New BnatoD and Pltubnra. W. H. Goadby & HaTan Co., BANELEBS AND BBOKBBB, N.0 . 84 BBOAD STBBE1, New Terk. THE CHRONICLK u gattfegyg »tt^ gyawjers of & Morgan Drexel, & Drexel Drexel, Harjes Co., PBILADKLPHIA ZtOMESllO & Co 11 PARIS. n. B. AND FOREIOS BANKES8. AND THKIB COBBESPONDKNTS. Draw J. Pblla. New York. 8EL10MAN FREKES & ilV., Paris. SBLIOMAN i STETTHKIMBR, Frankfurt. AL8BEKG, GOLDBKKO & CO., Amsterdam^ ALTMAN & STKTTIIEIMER BerllnT Boston. ^^ AND AI.BXANDER BROlirN & SONS Buy and Payable In any part of Europe, Asia, Africa, Australia and America. Draw Bills of Bichange and make Telegraphic Transfers of Money on Europe and California, BAX.T1M0RB. Sell Bills of Excbange OH GREAT BRITAIN AND IRELAND, FRANCB J. Kennedy Tod. GERMANY, BELGIUM, HOLLAND BWITZH. O. NORTHCOTE. KKLAND, NUKWAY, DKNMAKK, BWKDKN AND AUSTRALIA. Irane Commercial & Travelers' Credits J. IN STESLINQ, No. ATailable In any part of the world. In FRAKC8 for Martinique and Uuadalonpe, and In dollars for ase In this and adjacent countries. 63 & points in United States and Canada, in the United States on foreign countries their London house. Messrs. BROWN, 8HIPLKY CO., receive accounts of American banks, Arms and individuals, upon favorable terms. nd A J . Offer Investment Securities. all & Buy and sell bonds, stocks and securities In all American, Canadian. British and Dutch markets on commission. Collect dividends, coupons and foreign and Inland Drafts. Exchange on EVANS Jt CO., 1 , ^»,i„„», LONDON. Sell Bills of MELVILLE, ('. J. lIAmUKO A SON, niARCUARD, KRAIISS & Co., J. Stuart 33 NASSAU STREET. BILLS OF HOTTlNUUEk EXCHANGE ON SmiTH, PAVNE ic 53 'WlUlam MANCHESTER, PAYABLE IN LONDON ULSTER BANKING COHIPANX, BELFAST, IRELAND; AND ON THE NATIONAL BANK OF SCOTLAND, EDINBURGH AND BRANCHES! John Munroe & Co., No. 32 Nassau Street, Nenr Toik. No. 4 Post Office Square, Boston. Circular Letters of Credit for Travelers' Abroad against Cash or Satisfactor} Guaranty of Ke-payment, U»e Excbanse on London, Parts, Berlin and Zurlcb. B Ruckgaber, ANK BRS 29 UriLLIARI STREET, NEIT & & Co., BANKERS AND BROKERS, Unger, Smithers the New York Plnsnola! Agent In the negotiating and Se'^u'-ltles. Deals In yfj^n^f/'o" °'h State. tion, Ilallroad, Municipal, Ac BoKds-Corpora- Bxocutesorden* Stock8,4c 2:;,?'h'?"PJ'""5° Mid dividends. 'H,"""""- money on Collectsinterest Iteceives deposit, allow•^* "I?'™''''' Investments offer, wlU ?i!,i Its Debenture issue »!7>"'iL, Bonds, secured by its capital and WILLIAM BBOCKIE, President "AliKEK. Vlce-P esldent. iltflNKx m'^^^'ovV'",':' Treasurer. M. HOl r. .Jit., ^, KTHKI'BKKT WATTS, Secretary. T.„ ,^ of Board . Directors-WilJiam Brockie, George 8. Pepper. Morton McMiehael. Wharl.m Harkcr, ifenrr C.Gibson.T.Wistar Brown, William Potter. Advisfiry Committee of SUckholders.— Troutman Gustavns Kngllsb, Isaac II.George M. Clothier. Wilimm Pepper, M.l)., Thomas Dolan, John al Reading. Joseph E. Gllllngham, .lohn Wanamaker. Heiiry K. i-mith, Charles B.Wright, Henry Lewis. Cralge Lippincott.Hamllton Dlsston. Clayton French, HKNRY r rands Rawle. Heidelbach, Ickelheimer Exchange & Co., STREET, NEW YORK. 29 Tt'ILLIAin Cor. Place, FOREIGiy BAIVKERS. BUY AND DRAW BILLS OF EXCHANGB. MAKE CABLE TBANSFBKS, ISSUE TBAVBLBBS' CREDITS. ISSUE COMMERCIAL CREDITS, ATAILABLB ALL PARTS OF THB WORLD, ON IN Messrs. C. J. Hambro & Street, ^pjecial Son. London. New CO., York. %nvzstmmt8. American Bank Note Co.'s Stock. Detroit Mackinac & aiarqnette Bonds, all issues. Texas & Pacific Income and Grant Scrip. RR. Land & Ohio Central Railroad Stock and Scrips. Toledo DRAW ON Stock Exchange DCAi,ER8 IN Foreign Bzchanoe, aovERNMxirt AND OTHEK INVESTMENT BONDS. BOUGHT AND SOLD BY TOBET SCOTLAND. 4 AND 6 KIRK, &. BROAD STREET, NE^Y YORK. Maitland, Phelps & Co., B A IW K E R S Geo. H. Prentiss ABD COMMISSION MERCHANTS, 22 & No. 49 ST., Co., NBUr YORK, 208 inONTA6I7B ST., Tokk. telegraphic transfers of money ON MEXICO, CCBA. dee., •fee. Kidder, Peabody & Co., FOREIGN BANKERS, Nassau Street, New York, BROOKLYN. GAS STOCKS bills of exchange, letters of credit, 1 W^ALL & A»I> 24 EzehauEe] Place, New Hamburg. niessrs.. niarcnard, Krauss Co., Paris Commercial and Travelers' Credits. Bills of Exchange. Cable Transfers. ot Co., THB UNION BANK OF LONDON BRITISH LINEN CO. BANK, LONDON AND YORK correspondents of the International Bank of London (Limited), London. niessrs. John Bereuberg, GossIer&Co. Members & ; Made by Cablb. Paris House— inUNROE & CO. & Fnll paid. • —f.^'l?.,*' { Accounts and Agency of Bi.nks, Corporations Arms and individuals received upon favorable terms Dividends and interest collected and remitted. Act as agents lor corporations in paying coupons and dividends also as transfer agents. Bonds, stoclis and securities bought and sold on commission, at the Stock Exchange or elsewhere Sterling Exchange and Cable Transfers bought and Obidits Opened and payments Schulz 82,000,000 "e"' Bills of Exchange, drawing on '•°''^"''' "I*" 0° Paris aad sold. AuLSO, UABLE TRANSFERS AND LETTERS OF CREDIT. lune & CO., PATON & JTESUP, "LIMITED," Captial, n^^il' n"" '' j SUCCESSORS TO nANCHESTER & COUNTY BANK, of Philadelphia. & CO.. )i>.„<a ^"^ PARIS, John Paton SJniTH'S, BANKERS, LONDON CO. CHESTi\UT STREET. 310 8TI»:eT, Act as Agents for Banks, Bankers and Railroad Companies. Issue commercial credits, also foreign and domestic travelers' letters of credit in pounds sterling & dollars. make TelegrapUlc Trausrers ot inconey Metweeii tills Oouutry and Europe. MAKECOLLEUTIONS OF DRAFTS drawn and of drafts drawn WILLTAM Co., BANKERS. ue In INVESTMENT Alexandeb Babing. Member N. Y, Stock Exch'ge Kennedy Tod abroad on Co. BANKERS. 23 BROAD STREET, Issue Letters of Credit for Travelers On SELIGMAN BROTHERS. London. Co., THE Berliif Kxchanue on, and make Cable Trant- & W. Sdigman & No. OLD BROAD STREET, LONDON. & Bills of England, France and Germany. fers to, Attornits and aokmts of neasn. J. 8. IIIORGAN & CO., Brothers NEW ¥OKK. parts of the World, through N. ni. Roihacblld dk Hona, London. is Ro'hxrhlld Bros., I'arU. M. A. de RoihHchlld X. 8on», Frank, loriovin. deKatliMhlld,;EB<i„ Vienna. XUl. H-tJcliangc. In all Meura. naiuunum. Deposits received subject to Draft. Securities sold on cotuiuissiun. Interest allowed OD Daposits. ForelKD KxchanKe. Commercial Credits. Cable Transfers. Circular Letters for TrsTelera, Tallable In all parts of the world, Brown Co., No. 12 Pine Street, ISSUE TRAVBLEUS' CKKDIT8, available boHKbt and Wo. 22 & BANKERS, NEW YORK. Oor. of Uh & CbeatDnt 8U. 31 BouleTard MovfdQU Co., August Belmont WALL BTKEET, CORNER OF EROAB, [Vol. AlTD OAS SECURITIES, Street Railroad Stocks and Bonds AND ALL KUTDS O* BROOKLYN SECURITIES DEALT 113 Devonshire Street, Boston. IN. ATTORNEYS AND AGENTS OF sbh sab quotations in this papbb. Geo. h. Pkintiss. W. D. Prkktiss. W. W. Walsb CO,, London Member N.Y.Stock Exch. BARING BROS. & COramERCIAL CREDITS, Messrs. First Mortgage 6 Per Cent Gold Bond» Circular Credits for Travelers. STERLING LOANS A 8PKCIALTY. St. and 62 Cireene St. N. Y. (Sl!2,000 PER MILE), Buy and sell on commission, for investment or on Cable Tkansfers and Bills or Exchanqk on mwgin, all securities dealt in at the New York Stock JACKSONVILLE TAMPA & KEY WEST Great Britain and the Conttnent. E ccbange. 44 'Wall Canadian Bank of Commerce. CAPITAL, J. |8,000,0(X). H. (,)OADB¥ Stmptns, »1,600.000. & ALEX. LAIRD, AGENTS, IS EXCHANGE PLACE, NEH" YORK BUY AND SELL 8TEKL1NG BXCHANGB, CABLB TRAN8FKK8, KTC, IS80H COMMERCIAL CREDITS, ATAILABLB IN ALL PARTS or THE 'if OHLD. KOVNTZE BROTUERS, BANKERS, 120 Broadway, Equitable Building, New York LETTERS OF CREDIT AND CIRCULAR NOTES Issued for the use of travelers in all parts of the world. Bills drawn on the Union Bank of London. Telegraphic transfers made to London and to various places in the United States. Deposits received subjeot to check at sight, and Interest allowed on balances. Government and other bonds and Inveetmeni •eoorlUei bonght and sold on oommlulon.' RAILWAY COMPANY. Issue limited to tl..'58,0iX). Principal due 1914^ Interest pavable In New York .January and July. Completed Feb. 2'2. 1886, Standard gauge. Steel First-class equipment. This road f.»rms a part of the through line from Florida, over which the Cuban mail is now carried. We recommend these bonds as secured by a large and rapidly increasing througb and local business. Price, par and accrued interest. Pamphlets and copies of mortgage furnished. raits. New VnrktoTumra, B. A. LANCASTER & CO 10 Wall Street. IHE CHKOMICLB. NorxxBEKSO I'm.] ib Saulicvs nm\ irolicrs in ^evo ^Jovli Fred. H. Smith, BANKER & BROK£K. H*. SO BKOAD ST., NBW YOBK. TvMtT rau*' •xparlaoea In ttm davlac lUllrocd Booil*. "tss koagkt tn Mania. __ tot ttSmta Cauor os V. 8. B. amra. l MamMn Conaoildatad Btoek and W. SMtTR. > Petroleum xohanse. New York. CKAL J. ToirXSBXD, LASSiaO C. MamMr N.T. Scoek BTfliaiw. St., WASHBCIUr. TRANSACT DKPOSITS rooelTed and & Washburn, BA>'K£R8 AND BROKERS, Ho. • W«U Street, Ifew Tork. Boada Boojtbt and Sold on Commlaalos atti I 1 0f OB marsln. (Ivea 1 atuouon to CnHatad Baearlttaa. reealTadaabJeet to Cheek at 81(111. ~ Coneapondwiee aoltelted. CMABLM r. Cox WM. T. CAWtua. ItMaber N. T. Btook zakaoce. & Carolin ten * Cox, C<f l««i«» S«o«k Broken H BBOAOWAT. KO. Bnnak OMee. tU Madlaon At. eor. 4M at. Raw Tort York. allowed on Bar and Mil OOVEHNMKNT, MUNICIPAL and RAILROAD Soeumies. TAINTOR. OBO. H. HOLT. O. D. L'nmLlKB. HnuM Dkwi.vo. Clark Dkwino. T. T. BosTkcoc (Member of New York Stock KxchanKe.) IN FIRST-CLASS INVESTiHENTS. Bnr and all PrlrateteleiTapb wtteato PrnTtdeaoeand Boatoa O. B. DEALERS biulneaa. INTEKBST Sons, Sistare's 16 & 18 Broad Street, New York, 121 Sooth Third Street, Philadelphia. York. Connected br Privnte Wire with maUi office. New balaaoea. Ixo. P. TuwssisD, Special Partner. Townsend NewyNew Cor. GENERAL BANKING a Geo. K. Holt, BANKEB6, ^o. 11 ITall Par Doeumot Boo<U wil< rneUoiul LoU or otkarwlM. bar or Mil to & Taintor (Cltij. sell on Commission, for cash or on marvln New York Stock Bz- secarttles dealt tn at the chanpe. Interest allowed on dalW balances. All deposits subject to cneok at sisht. Particular attention to orders br malt or telegram r.C. BotXJNB. i.H.WAaaoNis B.H. Bmirson. Frank C. Hollins & Co., H. Dewing & Son, BANKERS AND BROKERS, BANKERS AXD BROKERS, No. 18 Wall Street, New Tork. Members N. Y. Stock Excbanx^ Btoek* and Honda Boocbt and Bold on Commlaaton Partlcnlar attention given to Information rettardIna loTeatment Hcarttle*. Iowa Loan A Troat Co. S per eent Debentniea bombt and ii ld. NEW YORK, 8TRBET, AND CLARK 8TBEBT. CHICAOO. a46 & Gorham, Turner WALL 11 Co., ILI.. A. Dutenhofer, BROKER BANKERS AND BROKERS. New Tork AND Dealer In HiBcellaneons Secnrltles, Malt Id at tbe New Tork Btoek Bxebaoie MILLS BUILDING (Sd Floor.) CBAa. W. Tuwrut, aed aoM oa OoaalHlon. (or Caah or opoa Acami a. QoKBAM. CRAB. C. NOBUC. Member N. T. Btook Exeh BoomiHAas. 33 WALL STREET. STATE AND CITY BONDS OF OBORGI A, ALSO SBCURITIiH OF TUB CENTRAL UR. A BANK. Co., Huestis C. J. Turner, INO CO. OK GKOHUIA A SPECIALTY. Inreslors wlsblng to bur "r sell are inTlted to oaU 31 PIltB STREET. NEW YORK. (U rean' Mamberablp In the N.T. Btook Kzehaaae) * al«bt,aat Daeoatu reeelred aableet to ekaak «wad oa dalljr tulanaaa. AUatoekaaad — Kills Bnlldlns, 35 IVaU St., & Wood, BANKBBS AND BBOKBBS. rcccaaoBa to «c DAVIS. WOOD (•smtlae !< •> BANKER AND BBOKBR, 16 * BEGAD 18 ST.. HSW TORK. or oorraapond. Prompt and personal attention fftren to all order*. IIOWABD LATBAM, FBIDCKIOK W. PfUBT Member o( N. Y. Stock Kioiian«e. lOBIf New n>anaaeta a general Bankinc boalneM, Ineladlnc Ibe TortStoeka^iauuxe. forHale: Buxna. parenaM and aale of atocka and band* foraaah or oe #nmSIaMRAiLa<MDiriiu>TMoBTOAOi _ __ c. 11. iiuictt Tia. l. m. swaw. •oSaicTwuoo. aawaM WAMioa luted at the ntkD. A. Bkowa. B. BaowK. BmuBT P. Baowa. Walston H. Brown & Bros BACKERS, KW Ho. >S Bishop, BAVKEUn A.Vn BKOKEK^ _ PINK STBBKT, NBW TOBK. iMsmben Now York Miick Kiehance.) Aceuvnu '( Ri>nk.. H*nkfn siul i4hers reealTed. -- . "tmmlsaloo - .ndbonda, n' T Noa. tS & A iileaso-.. anlt. ' L ul Umiloa in amuunu to & Kimball J. Bdwaad W. H. mraman'*, Maaiber N. P. Aujks V. Stock Bxchaniie. Dickinson & Ailing, AND BBOKBBS, ANKBBS Mo. SO riBO Streot, T^ow Tork. mU It. T. Moek B»chan«e. (or IHon MABOIMrall elaaaea o( Woeks and Bnads. and allow Interaet oa deposUa, eabject to Bar and TBSTliBNT at or IS IN * 18 BBOAD (f^ Co. BANKERS, WALL STBEET, How Tork. 'TranHCt a Oaoeral Banklna Bulnaas, Inelodinc tbe parakaM and aale of BT0CK8 and BONDS for aaeh or oo naraln. Mmj •< Sell InreotSMat Sa««rttloo. p. o. BU(^[|k^_ jw aEa..J. Home, A.M. KtsDot. WATi^.< w. 0. Bmmmm^^^ ^ ISood^t AND DKFADLTBD BONDS CORRBBPONDBNCB gOLICTTBD. Co., BANKERS, GBOAB STBEKT. Vanch Tork. W. ALU. BASS, Jr. Kxcb J ge. & Chew, STOCK HKOKKRS, Exchange Couri & i'i Itrondwar, N. Y Stocks, Bonds and UnltuU StAtea Goremmec Securities Bonjfbt and Sold on Commission. Bbtbult Cbbw. Jab. D. BiaoKB, T. Stock Exchange. Y. PnMluoe Exchange. Member N. Member N. William T. Meredith, 48 WALL STBBBT, (Bank of New York BuUdIng). Bond* and Stocks boogbt and sold at the Tork Stock Exchange. New HASSAO & ST., Co., NBW TOBK. ear. Ufllce, .t4I . RBITBBW LBLABO. & & BROKERS, STOCK BANKBRS, No. 26 BBOAD STREET, NEW TORK. NIOOLL FLOTD, JB JAMX8 W. WALSH, JB, Member N. Y. Stock Exchange Co., ONITBD BANK BOILDINQ, Stewart Brown's Wall Street, corner Broadiray. BANKERS AND BROKEB8. STOCKS, BOS DH a COUMEKCUL PAl'BR. sold on commtiwlon and T4 BBOAOWAT aad e NEW STBKBT, Mt Stcok. York Bonds bought and .Advances made on Htock Exchange. Mew Now Y. Stock Exchanie PInre, It. Y. DBALKRS IN ALL KINDS OF in »' I'- "t.. Chlca«e, BUSINBB^ TRANSACT A OBNKRA U gALB OF Railroad and InTestment Secnrltlest lN<I.LI)INO THK I'Ll: U l)N MARSTOCKS AND BONDS K":GIN. BUY AND SELL IN VKiiTMK.NT iiHCURIBourmcBB SkcnBiTiBa a Spbcialtt. TIBS. INTEREST ALIX>WKD ON DKP0BIT8 CUBCK AT 8IOUT. SLBJBCT TO P. O. Box «47. Floyd, C. W. MCLBLLAS. D, A. BOOOT. SH Brsadwar. < Lapsley Bass, BROAD STREET, NEW YORK, STOCKS, BONDS Simons No. IT dBallOera Howard Building, Walsh BANKEBS, la additloa to a & Rolston Ho. 20 Simon Borg BONDS. BiaCBLLA.<«B0U8 BSCDBITIBS Ho. St Bank Neir Tork. ST., & NASSAU STIIeET, BONDS AND LNVBSTMENT SBCURITIB8 FOB SALE ALL KINDS OF INTS8TMBBT Gilman, Son No. 7 (Continental National Quotations obeerfullr fumUhed. Albert Pearce, BBOKBR Dealer In InTestment Secnrltles, WM. H. ROLaTOV. Au—dB. U»p»»a»aT No. IS KiaaAU» BOND AND STOCK BROKEB, Member N. Bar aad sell oa eoamlsatoo, (or lareatment or on iMaila,all seearttiea dealt la at ueN.r. 8toek ExoA. J. Solicited. Robertson, L. J. Co., Memb«a nSSadetpSa StookBnMUMa. IS «c IB Broit« MmM, Now Tork. Boaaa* CorrespondenM OorraepondenM solicited. BANKEBS ABO BBOKBBS. oo. WALL STBBBT, NEW TOBK. 3 Conntr, State, Railroad. District of Colombia Bond* and Foreica Bxcbanae. AND BISGBLLANBOUS SEOVBITIBa attewon (treo toBaauWot farlaTastmeoi. R. Co., <fo. BANKERS, 35 Naaaao St., Ncir Tork. ReealTe depoelti and eonalcamenta of Banion. Deal In Inraafaat SeenrlUea aad roiwUn Bxchaoae and InTlteeorraepoadenea. Partlcnlar attention inren tolnfonaatlen regardlnf nt aecorllle tare & CNtTEO BANK BDILDINQ, >1ir. Janney, -rracase. eakeater. anw on cil> IMuk I Co., H. Latham , Orders for Blocks and Bonds ezeeuied at all Efobances. Bapecul attentli>n given to snpplrlng btgh-claaa Chrystie & tall & BANKERS AND BR0KER!4, No. lO WALL ST.. NBW TOBK. INVESrnK.XT SBOCBITIKS. NO. SO NASItAIJ 8TBBBT, TOBK. Hamilton Joh n H. Davis J t;UBiDc4e papor and other securities. Sons, STOCK BROKERS, 84 Broadwar dc IB New St., Now Tork THE CHRONICLE. IV ©atiafliati atua f^oveifltt gauUB FOREIGN. CANADIAN. Hong Kong & Bank of Montreal. - - - SCHPIiUS, - - - W. J. 69 913,000,000 Gold. Paid-up Capital $6,000,000 Oold. KeserveKund 61 General Manager. OFFJOE: STREET, IW^ALIi Walter Watson, (Agents. 7,500.000 The Corporation grant Drafts, issue Letters of Credit for use of Travelers, and nei:ot>ate or collect at Bombay, Calcutta, Singapore, Bills pavablo Saigon. Manila. Hong Kong. Koochow. Amoy. Nlrgpo. Shanghai. Hankow, Yokohama, lllogo, San Francisco anc London. A. DI. TUIVMMKMU. Acent. 47 Willlaoi Hr. ALEZ'K L.ANO, SterlInK ExctaanKe, Francs and Cable grant Commercial and Travelers* Credits ATailable In any part of the World tssae drafts on, •nd make Collections In, Chicago and throughout the Z>omlnlon of Canada. Bar and Sell Transfers ; ; Blake, Boissevain & Co., LONDON, ENGLAND. PINE STREET. DEAM-NQS IN INSURANCE STOCKS A SPECIALTY. 4.100.000 ^''''•S™ Bailey, S. Sifl »7.5(X),0(XI Reserve for Equalization of Dividends.... Reserve Liability of l*roprielors President. BUCHANAN, 4c Shanghai - NSW YORK No*. E. BANKING CORPORATION. CAPITAL, a F. BMITHEKS, special 'gavKstrntnts. f^Ruhsxs, attjft Cash paid at once for the above securities ; or they will be sold on commission at seller's option. Investment Securities BOUGHT AND I,aiie. Bonds, ticioto Valley ALBERT Neffotinte Hallway, State and City loans. orders for Bonds, Shares, etc., on Com* mission, and transact a general Banking and Commission Business. Special atteution given to the execution of orders for Securities on the New York, Lon- Imperial Bank of Canada CAPITAL (paid up), ------- SURPLUS, H, B. - - HOWLAND, Pres't. HEAD D, R. $1,500,000 $500,000 WILKIE, Cashier. don and Amsterdam Exchanges ence with BLAKE BROTHERS A OFFICE, TORONTO. stock. Agents in London Lombard Promptest Sterling Exchange. Agents Lloyd*8, Barnott's & Bosanquet's Bank, lUnited, 6a & in New York CO., New York, 18 IVall Street, Branches— Brandon, Man.; Calqary, Alba.; Bssei Centre, Fergus, Gait, Ingersnll, Niagara Kails, Port Colborne. -m. (;atbanne8, 8t. Thomas. Toronto, Toronto, Yonge St., Welland, Winnipeg, Man., WoodBealers in American Currency in correspond- 38 State Street, Boston, mass, AND ADOLPH BOISSEVAIN &. CO. 59 Wall Street. ritreet. Columbus Hocking Tnlley Kanaivba & New remitted by draft on • - $5,799,200 Paid Up. $1,600,000 - Eeserre, ANDREW President, Vice-President. BEAD AI>T,AN, Esq. ROBEKT ANDERSON, Esq. OFFICB, mONTREAI.. NEW YORK AND BROOKLYN LONDON, BNO.— The Clydesdale Bank (Limited.) N. B. A. of New NEW YORK—The Bank buys andVork, Sterling sells The New York Agency Ex- COMPANItS' BOUGHT AND SOLD BT LONDON. Solicit accounts and agencies of Banks, Railways Corporations, Firms and Individuals upon favorable terms; also orders for the porcbase and sale of Bonds, Shares, &c., Ac. on the Stock Exchange. Interest allowed on Deposits, subject to 60-days GEOROK HAOUB, General Manager. J. H. PLUMMER, Assistant General Manager. BANKERS: 96 Broadway. See my quotations of Trust in Itailu liidicator demand drafts. Nesotlate Railway, State and City Loans. NEW THE Nets York Agencr, No. 61 IVall Street. HENRY HAGUE, I Aients JASents. Railway Share Trust Co. B. HARRIS. BROADIVAT, No. 146 YORK. CITY RAILROAD STOCKS & BONDS : JOHN and Telegraph Stocks and Saturday's Bfmins Post. H. L. Grant, Bank of England rate, and one-percent below that rate subject to sight drafts, at change, Gible Transfers, issues credits avHilable in parts of the world makes collections in Canada andelsewnere and issues drafts payable at any of the oflQces of the bank in Canada. Every description of foreign banking business undertaken. all Stanton, BROAD STREET. y. S. 16 and 18 62 Gresham House, E. C, OF CANADA. Capital, Co., York. Merchants' Bank Ohio. East Tennessee Va. & Georgia. American 8pcaking Telephone. Southern Telegraph. BocQUT AND Sold by ALL OF THE & Heinemann & Toledo. Toledo <& Ohio Central. attentii»n paid to collections payable in any part of Canada. Approved Canadian business paper discounted at the Head Office on reasonable terms, and proceeds all issues. E. HACHFIELD, No. 6>< Pine Street. TRUST Co.'s STOCKS Amsterdam, Holland. : Bank or Montkeal. SOLD. \r ANTED: Toledo Ann Arbor A North Michigan ists. Southern Central Ists. MIddletown Unionvllle A Water Gap 5s. Indianapolis A Vinceunes Ists and 2as. Execute Iiondon OIBce, No. 22 Abcbnrcli XUn [Vol. BOUGHT AND SOLD, Bee Quotations of City Railroads JB., In this paper. Railroad Bonds. Specialists in (LIMITBD), AGENCY OP THE STREET. Issae Capital Paid Up, X9Tl,SeO Sterllne. CREDITS acted. MCTAVISH, ) . .--tSTIKKMAN, J -agents. This Company undertakes the business of Trustee to Loans of approved Railways, negotiates and issues Loans on the London Market, acts as Agent tor Railways and other Corporations, either in the mat- D. A. H. street, ne\r york. DEGHUEE'S demand CIRCUI.AK NOTKS Elliman, coeeesponhence invited Exchange and Cable Trans- sell Sterling drafts on Scotland and Ireland. Also on Canada. British Columbia and San Francisco. issued in Pounds Sterling »TalIable In all parts of the world. COAIMEItIS.SIIKD for use In Europe, ClAl, China, Japan, East and West Indies and the Brazils, Elver Plate. 4c. Bills collected and other banking business transfers. 18 ttali. North America, Mo. S2 IVALI. Bnr and & Buttrick LONDON, ENGLAND. OF British BANK BCIIiDINeS No. 4 Bank ter of TABLES OF BOND VALVES, PUBLISHED AND FOR BALE BT CEO. yV. DOUGHERTY, Boom payments of Interest on Loans, Dividends on D, miUa Buildings or Registration of Stooks in London, or otherwise. Gzowski & Buchan, STOCK AND EXCHANGE BROKERS, Staten Island Securities A SPECIALTY. London. Cable Addreas-PATT, TORONrO, CANADA. Blocks and Bonds. Sterling Exchange, Drafts on New York, bought and sold at CURRENT PRICES. COLI.KCTIO.NS MAIJE. THE Californian Anglo- liONDON, Head OHIee, 3 Anfirel Conrt. SAN FRANCISCO 4 Australasia, of Bank (Incorporated by Royal Charter, 1885.) Threadueedle St., Iiondon, England -----....-- Paid-up Capital. - Jtl.fit O.uuO Reserve Kuiid, i:7V0,000 Testers of Crcd t and Drafts issued on any of the nutuerous branches uf the Bank throojibout Austraila and New Zealand. Olllce, 422 California St NEW YORK Agents, J. & W. Sellgman & Co. BOSTON (JorresiKiDd'ts, Masaaoliusetts N. Authorized Capital, Paid-up Capitol, Reserve Fund, - • - • • - Bk, $6,000,000 1,600,000 - 400,000 London at Transact a general banking business. Issue Commercial credits and itillsof ICxchaiige, available in all parts of the world. Collections and orders fur Bonds, Stocks, etc., executed upon the most favorable terms, VKIDKAUA UKLBY, IG.NaTZ STKlNUART,J,"i°*<'"P. N. LILIENXIiAL, Cashier. Bills negotiated or sent for collection. Telegraphic transfers made. Uepuslureieived in & Amusement interest for fixed periods, or for transfer to the colonies on terms Wmoli may be ascertai ned on application. Seoretarr. KKDK F. LOW, i M«T.Hi7«nL Co. Stocks GEO. B. RIPLET, 66 Broadvay. F ooni (LIMITED). FOREIGN. Bank Railroad Co. Cahoone & Wescott, 18 Wall Street, Execute Orders in all 8. New York, Securities Listed on NEW YORK STOCK EXCHANGB. Special Attention given to GoTernment & other liiTestment Bonds Correspondence Solicited IF YOU WANT TO BITY OR SELL ANY _ PDTSORCAi.I.riON -"TOCKX <IIt BONDS write BO telegraph to, send for, or call on, li. \v. miiJknbaiIm, Kxchniig"' rlnr», N^wr Vork. to, Send tor my new Circular Just Issue*., NoyKVBSTSO, THE (5HR0N1CLE. 1886.1 Srost ^mst <2^0mpaiitjes. Metropolitan Trust Co., MllU W OAPITAL, 33 Wall Bulldln;!. rAID New St.. York. • Ums m THOMA ViiiLl.Honfm, PraMdanl. 1). WALTEUJ. TAPPBW. VIO-PTMKIwti BKirn.N. SaerauuT. & Mercantile Trust Deposit C»MPA.vr. OK • Rfi'artxed •.J,Oa0.OOO Caplial, Anthorlaed to act aa BUemtor. Administrator, Oaardiao. BaoeiTcr, or Tmataa, and la A UCfiAL DKPOSITORT FOB MONKT. Mdaoniaa TiBat ea of mofffn aa Ba or corporatlooa. Aeeapta tb« trana/er mgeacj - od nglmtrj of atooka Takaa and remlta eharna of propartT. eollecta In- tanK and IBCW* pranptlj, and dltcbanea falllitmr t>« *mMmvt wtmj traal known to tha la*. PHILADELPHIA. $1,000,000 Paid-up Capital SOO.OOO Acts as Execmor, Administrator. Assignee, ete, and executes trusts of every descrlpUun known to the law. All trust asseU kept separate from tbore of the guarantee. ^^ Paintings, Statuary, Bronies, eto., kept in FireProof Vaults. Money reoeired on deposit at lnten>st. JA8. LONG, Preet. JOHN O. RBADINO. V.-Prest. S. STOK Bx. Treasurer A Secretary. PATTEHSON, Trust U. B. uacer. DntkCTORS.—James Lung. Alfred S. Gillett, Joseph Wrlgbt. Dr. Charles P. Turner, WlllUm 8. Prlc*, JohaT.Monme. W.J. .Nead. Thomas K. Patton.Juhu } a Beading. Wm. II. Lucsi, I). Uayes Aitnew, M. II. oe. 1. Xeafe, Bobert Patterson, Tfaeodor C. Kngel, aoob Naylcr, Tbos. O. Hood. Edward L. Perkins. William Watson, PHlLADELpaiA ; Samuel Kiildle, Glcs KIDDLE, Pa.; Ur. George W. Kelly, lUltltlsSimpson Africa, Hontixcdun: Henry B. Beaert, Bkaui.nu: Edmunds. Doty, MirruNTOW.N W. W. II. liiiTlB, Uuyi-aTOWN B. B. Mun- CBO, Pa.: : J. : West aaban. wnia kept la raalla wllboat eharc*. Bands and tmtk s, Plata and all Valuables aecurely kept under naranti at modemt^ ch>rK««. Palntinira, Statnntee iry. Bnims es. ate.. k*fpt In Ore-proof vaalts. T, Biv Oor.of Montagaeand Clinton Sts.,Brooklyn, N.T. This eompany Is authorlied by special charter to aot aa raeaiTer, Usstea, guardian, executor or admin- W.W.8PK.XCK, Ptestdent. Vlce-Prest. C L. riSCHKB Traaa. * See. DIHBCTOR8: Mf I.aae, Jnbn T. Unrrt, Mew&rt HruwD, t'aBtawartiW. A Tnckar. W. II. Ulaofurd, .W. 'Lools Ipene*. knaUanlterrlmKobcrt Lrhr. " 'Ja>. Carer O^ale. t Oarrett, D. rishar. OIKer A. Parker, .P. Tbooas, IW. UWhurldKe, Wllllaaia. J. A. Hamblatun. lTh<ia. Oeford. Andrew Ketd. . K. A. Jenkins, Bernard Cabn, J.WUIcox BruwD. Alex. Frank, John GUI. Union Trust Company Cbxist^sk. CA APITAL.' VWl9t.VS,- cor. Sector St^ N. T. •1,000,000 9s,ooo,ooo A i.BaAi. DBPoarroKT roBMOnnrr laoapt i tke traaafaracaoc; and radstrr of stoeks, Naeta as Tmstaa of aorttfatfae of eorporatlons, AUawa uuassai oa dapB^ti, wklcii lat b* made at wMMran oa t«« davP^notlaa, with vkola ttaa lAay iwiilii witk the aw < dapoMlon tAld aoaspanr nta rabjact, la aaeordaaea aad allows Iniareat sICBt, ua Oaartncrfix M. MeLaaa, ht. ^^WESf' Aa*f«M C. K iDnsiaad, lS. rnUtochaa. O au«— A.Jams. C. Taadaf W it. _e Cabot Ward, tward Klnc, . istrator. It ean act as agent in the sale or management of real estate, ooilect interest or dirldends, reoelre regtsCry aad transfer tKHiks, ur make purohaaa and sale of Ooremmantaod other securities. BallgioiM and charitable Instltnunna, and persons anaoeoatonMd to the transaction of bnslnees, will and tUa Compaiir a safe and conrenieot depoaltory formonay, RI PL B r K(i Pics, President. * BUMUNI) W.CdKLIKS, Vlce-Pres't. THU.>TKi:.i: JosiahO. Low, E. K. Knuwitun, n'y K. Sheldon, Alex. M. White, Jnhn T. Martin, C. T). Wood, A. A. lyjw, Fred. Cri>mweU, Wm. H.Male, Alex. Met ue, John P. Itulfa, Klpley Kopes, Mich'l Chauncey. K. W. C(.rllaa. Abram B. Baylls, Wai. B, Kendan,iU.B.PIen«M8l, H. W. Maxwell, JAMIS Boas CCBIRAM, ecretary. U. MeAlnln. Wa. Whiiaiwilskl. M 8a«m« BOHALOeON. Saeretarr. tha protection of Poliej-bolders. Aaaata. January Isi, IMA IMio.sao 42. OMelala of Banka, Kallruada aad Bzpresa (^mp» alaa. l«snagts.aaertarles, aad CMtks of Public Compaalaa, lastitutionsand (;ommarolaiarms.eanobtala BONDS OF BVRBTYBBUP from this Company at moderate cliargea. The bonds of this Company are aooaptad by the •oana of Ike ranuus Slates OASCALTX DKPARTnKirr. Pollelaa Issued against accideou causing death or totally disabling Injuriea. Pull informatloa as to details, ratea. Ac., esn be obtained at bead oOloe, or of Company's Agents. Wm. M. Bicba hub, Presi. JOBN M. CBAirB, Saa'y J. UiixAs, Oaoi at ary. or XMW TOKK. a a*. «• IVAI^VrBKKT. Oavltal mat* Barpla^ . - - M,000,00« npaoi t,aBa la a lecal depository for mopars pal4 la aauurtsad to ast aacaaialaaoi AixowBD cm DBPoarrs. • ^ Mi mar ba mad* at ear nma.aad wttbdrawn afMi • «WP'Baitaa.aB4w«n ba OaTid Dows, W. O. Low. Charles Dennis. Alex. Mitchell. S. B. Chittenden. fm. M. BIchards, a. Coe. aoIMM vSaialiawlWB*7 >«•»> •*** OF NOBTH AMERICA. lontarsatfoi $100,000 CBah OapltaJ 880,000 Aseets and Keeuarcas MO.0O0 Oapoeit with insumnca DapaMaMOk Prasldeot: TlafcPri^lsnt: BolOAarrBRBlBB. ItB ALBZ. T. OALT, MaBWlng NO. Ill D. a&s — -~. — U-MacT. .OObart, KSSi». Lotd, . fitewsrt. iRoM.B.lUatam, lOao, H. Wartan. Oaoesa Hlas, iism Libber. l U.B.I " n Uaa«> c Brown, «ard Cooper, Braatn. B.Ch John II •&. a. . .Pbelpa, J.I....W AaeoB TIKiK.NKLL, Secretary. fiBNHr I.. 7VU O. H AMPTOK, AMlstaat g I Edwabo KAWuitSi. OPriCB: BROADWAT. J.TOMPKI.NS, Oloottand ttln« f Street before December 1. ISHI. Copies of the reoi^ ganisatlon agreement can be obtained there. CHARIRS MdKAN. rhalrroan. gnUvestf Hiu iflcttdgy Sic, PENNSYLVANIA R-ilLROAD * CO. TREASURER'S DEPARTMENT, PUlLADtLTBlA, NoT. 1, 1888. The Board of Directors has this day declared a SemlAnnual DiTldend of TWO AND ONK-HALK PER CBNT upon the capital stock of the Company, dear of all taxes, payable on and after Not. SStb, next, to shareholdan as registered on the books at 8 p. M. on October SOtb ult. On Norembor 29th dlrldendswUI bepald to women only. EDMUND SMITH, First VIce-Prasldoot and Acting 1'reasnrer, TklVIOEND NO. *-' _ _ of The Board 13. n.PHlA COBPAWT, rK. I . in:, - .. Pa.. ,liis Not. in. isse. company haT*i I this day declared adirldeud of UNK PKU CENT out of the eamlsgs f or the last mnmh, payable on the 2pth InstjTransfer books will be closed from the ISthto the 90tb Inst. Incluslre, Checks will be mailed to JOH.S stockholders. CALDWELL, Treasurer. OVPICB HOllIKS'rAKB niNlNU CO., Mil LH BriLDIXO, 16 BBOAO TORK, Not. 17, STBkn, Mbw 18M. DIVIDEND NO. 100. The regular Monthly DlTldead— FORTY CENTS per share— has been declared for Xlotuber, payable at the office of the Company. 8a# l-'rancisco. or at the Transfer Agenoy in New York, on the Mth Inat. Tratisfer books close on the 90th Inst. LOUNSBERYACO.. Transfer Agents. Important Notice, KAN SAS SEAL ESTAH aroAass Bm* tPBOB^PB A mux. TOPKKA, KANSiSL line the eomplletf Lh3 to trOT.Dliia Of g MAiuunntttm. ^ Oaa. Insnmnce. Ilnnks. City Rallroada, &c. Send'' bst piiblwhiil M..ndKT». J. P. Wl v i-KI.StillA.tl. 36 Pine Hi., N.V. ©ommctrclal (ChvAs. Crenshaw 71 WALL & ST., Wisner, NEW YORK, connissiojw UEBcquiiirTf, Members of the Cotton, CoOlse and Produce Exoh't AOkMcr or THE HAXALL CRENSHAW CO., RICHMOND, VA. Standard Brands of Flour for Shipment to Climates always un hand. Warm ORIENT GUANO MANDFACT'G 00., ORIENT, f^itmuciSLL L,. I. Superphosphates. SULPHUR MINES COMPANY OF VIRGINIA. High Grade Pyrlt^t free from Arsenic. The Investors' 334 La Salle St., Agency, Bliss, Ctalcaco, HI., M. L. SCUDDER, Jr., Proprietor,) ANBWEB8 IHQCIRIBS C0NXER.NINO American Stock* and Sccnritlei Ballr'md Dooomaiits. Compatant Experts. '^^ Confldeotlal I taly. BBAC H, Chairman. LOIIIS KANSAS CITY A NOKTHBRN BAILWAIT COMPANY, ^ A sate under the decree of foreclosure Is adre-- Standard lane Library of ^ H. CI.ARINDA BRANCH ~. hi. J. E. Pulsfard. 8. ISS^ iHSe. JOHN thaaomnar. m^-JT?5JfcT^S»Sii*«t JAMBBB,C ^ Mt nmmnffm Pt m ^ O. Hant, S.M.Ba. : HBW Tore Dihictobji—Joeapk W. Drexal, A. L. Bopfc'.ns, U. Victor Newcoma, John Pston. Daniel Torrance. Kdw. y. WInslow, Biaatus WIman. y. P. aa well eaialnloaa Bad baoaeoleBt InaUtoUona '^'1 aomaaaf aegaraalant dopoeitorj fes l Director NEW YORK "-H M^ simliiWialnia. or trailaaa of astataa MMMsaaaaamMmad (oiaatraaaaatloaof baat> WfioB Ami UIBECTOUS: The Guarantee Co. Vlea-PraaH. United States Trust Co, , BBOAUWAT. MEW TOBK KO OTBSR BUBUfiaS. a A. KlnssUad. Kino, PraaMent. J AMBB B.OUU.TIB. I aid Bonds of Suretyship. 1, B. Waaln; CO.! C. O. Wood, PWARD JAMU M. McLI/an, nr*t>loa-Prast, A. O. A Sao. WUHmh^ O. Q. McLaaa. J.B.Jahaatoo.1 ,. Bars, a Noa. 814 iMaaz Xannadr, Oao. C. Maaoon. KUCCTITB COMMITTBB: Jamas FIDELITY & CASIALTT CO. Oaafe Ci»ltal,$WWtOOu, inresied la D. 8. Oort Bonds. •MOioSdapoelved wlU the N. T. Ins. Uep'i, for Aawsa J. Parker. Oaainal P. Barter, ,jaraa J. CCrbart. 1 I^tuattcial (f^ampunits. O. O. WUIIams, B. Waaler, . Dated Norember U. J.8.T. Jtranahan. A. 8. Banes. H.A. Uurlbut, A. B. Rail, J. D. VeraUlrsb J. L. Blkar. HstiM. K-U. Louis Kansas Northern Railway Company. «fc decree of foreclosure and sale hsTlng been obtained, the Omaha Dirielon of the above railway 'r'l">««<>"<IDBCKMBBRS8, 1886. Uoklers of more l'',*Jl„*?j?'"'t*'** "' ""« bonds, out of a total Issue of f ^,350,000. have assented to the bondholders' atrreement c.f June ». 1^8S. Any aulstandlng bondholders can deposit their bonds with the United States' Trust Uimpany, on or before Not. SO. 1!*6, Bonds deposited after that date will be subject to an assessment of tea dollars for each bond. had DECEMBER 28, 18?6. Bonds should ba deposited with the undersigned at No 68 William The Brooklyn Trust Co., BobT rorsrth. I City A UK) ..... ..... t OUXnx DIVISION-St OrnCIOFIi Aatkociaed to aat aa saentor, ArtailnWrMor Aaafdiaa. BaeelTer. or Trvstae. and la laraaaib CENTBAL tlsed to bo OF NEW YORK. 7S Broad waf, Copies of a circular to the stockholders of the CO., explaining the purposes of a meeting of their body, called for 2 P. M. of Tuesday, Not. 23. at the offices of the company, 10 Wall Street, can be obtained upon application: at the office of the TRUST CO., IS Nassau Street, New Y.rk. LAKE ERIE A WESTERN RAILWAY Company. Haaar neclraa on tfaMnalt. All Tniat AaaaU kept •aparate from th<iaa of iha Ooapaay. nraJar-proof Safes and Bozea (karlnti ehrofva ataalaoors) to rent at $10 to #100 per aonnm In i heir Mwaad alecant ctiroane steel riRB AND BUR6jDua-PROoV TAU1.T8. pniiasted hr lapcoTad JOHN GILU financial. Co., Lake Erie,& Western K'y Co. CHESTNUT 8TBBBT, AntborttedCapUsl MAULON •500.000 • . 913 Burglar-Proof Safes to rent at $S to $60 per annum. Wills kept In raolts withont charge. Bonda, Stoeks and other Taiuables taken under BALTIHORE. lial. AND $1,000,000, mat a«Mpc wd azecnto aoy l«cal inwu rrom faTonbl* k* i!?!tK' or aocpormtloo* on Mallar eompaniM. VREDGItIC The Union Trust eil P<«lMHaini1 mm * Ivyi^l U«p<wlcor7 by urder of SoItocelTe depusiu >f iuoti«]r uo loler««t. f Coart. Sei •• iMBl or tiBiufw aseol, or tnutaa lor corpora' (CompvLUies. BeporU. Moderate Chants. Fabyan & Co., New York, Boston, Philadelphia, -^ BBLLINO AQKNTB FOR LEADING BRANDS BROWN * BLEArilEB 8HUITIKOS AND BHEKTINGB, PRINTS, DBNIMS, T1CK8, DDCKB, A*. ToirelB,QalItB,WIil(e Ooodadc Hoalerr Drill; SlictUngt, dc, for Export TraUe. THE CHRONICLF. [Vol. Ifittfincial. 'giWAUcinX. RR. MILK STREET, & Atlantic §7 Pacific Co., BOSTON-. oot.80,188e. bonds known as its The holders of thl. company', of Its "Central " Dlvl.lor." 6., due IKIO. and hereby Informed they can DlTlslon" e.. due 1B22, are class, for an equal «cli^ge tho,e bonds, of each Per Cent Guarpar ,or par. of new Four (4) this o "P""^anteed Trust Gold Bonds of Jan 1. 1887. to ron The new bonds are to bo dated the rate of Four (4) Per 60 years, to boar interest at .em.-annually. January cent per annum, payable by Indorsement and July, and are to be guaranteed principal and Ineach bond for duo payment of w»l«n ^o^t upon Santa Fe KailSan Francisco road Company and the St. Louis 4 ne-half by each Railway Company to the extent of the deposit In company, and are to be secured by Mercantile trust by such two companies; with the the bonds for which Trust company of New York of exchange. the new bonds arc to be given In bondfor making this proposal to the terest by the Atchison Topeka ft . The necessity consideration holders has long received the careful adIs now urgent. The of the three companies and the part of the bondvisability of Its acceptance on following statethe holders wlU be evident from xnent a new Notwithstanding the establishment of Atlantic i through trans. continental line over the and MisMississippi Paclflc Railroad between the Coast by contract with souri Rivers and the Paclflc Company, and also by the Southern Pacific Railroad Railroad to a completion of the Caiifornla Southern Road, the connection with the Atlantic & Pacific the inception expectations entertained at the time of realUed or to any of the enterprise have not been been owing to satlsfactorv degree fulfilled. This has Delays in concauses which could not be foreseen. exceeded careful struction occurred, while the cost has exestimates general depression in business unprecedentedly low isted, active competition and ; result of all, the rates have prevailed, and. as the have to earnings of the Atlantic & Pacific Road meet its fixed this time been wholly insufficient to bonds has charges, allh..ngh the Interest upon its been regularly paid. The lunds for this purpose cha ges of this and to pay some of the other fixed company, have been from time to time advan^ ed by. the Atchison Topeka & Santa Fe and the St. Louis & San Francisco companies, because of their large respective interests in the securities and their confidence in the ultimate success of this railroad. The present obligatluns of those companies to pay money on account uf interest upon Atlantic & Pacific bonds now Issued are to advance to the extent of only 25 per cent of the gross earnings derived by them from the business passing over their respective lines and coming from or going to the road of the Atlantic & Paciilc Company and their advances are madeonly as loans, which are to be repaid with interest. In order to maintain the solvency of the Atlantic & Pacific Company, and In the hope of better results in the future, the Atchison & San Francisco Companies have already advanced sums largely in excess of their obligations under trafiQc contracts but the time has come when such assistance can be no longer expected, and the two companies have given notice that It will not be continued. They have, however, agreed that on the new basis proposed each will in future absolutely guarantee the payment of one-half of the principal , ; of the company's existing mortgage Indebtedness, If the bondholders will acguarantee, and in consideration thereof cept such exchange the existing bonds of this company. The plan has already been acquiesced in and approved by many holders of the bonds, and In large amounts. Its success is contingent upon the assent on or before Dec. S7. 1888, of the holders of a ma- and intcresat 1 4 per cent If sue* assent Is not obtained by that time It will be considered that the plan Is not acceptable to the bondholders, and at the option of either company may be abandoned. In that event it cannot be expected that any other plan can be presented so advantageous to the bondholders as that now proposed, or that In any other way can they so jority In Interest. elToctually i>rotect their Interests. The new 4 per cent bonds, so guaranteed as to principal and Interest, and with all the advantages stated, ought to be highly regarded for investment and at once command a market value equal or approximate to that of the most approved securities of like character. By the deposit in trust of the existing mortgage bonds to the extent that they are exchanged, the security of the lien of the present mortgages on all the property will continue for the benefit of the holders of the new bonds. The Mercantile Trust Company of New York will be the Trustee under the Trust Indenture made by the three companies to secure the new bonds, each one of which will be authenticated by It, and a copy o f the same may be seen there. The said Trust Company, at New York, and Messrs. Kidder, Peabody & Co., Boston, Messrs. Seligman & Stettheimer. Frankfort-o-M., Wurttemberglsche Verelnsbank, Stuttgart, Rheinische Credltbank, Mannheim, Klliale der Rhelnischen Credltbank, Karlsruhe, Flliale der Hlieinischen Credltbank, Heidelberg, Filiale der Rhelnischen Credltbank, Constanz, Flliale der Rheinischen Credltbank, Freiburg-i-B., Alsberg, Goldberg & Co., Amsterdam, be prepared to receive from hollers of the present bonds the deposit of the same, with all coupons MERattached, to be exchanged as stated. will THE Per Cent Bonds AT PAR AND ACCRUED INTEREST. Seourlty unquestioned. Principal New Vurk. For further particulars apply to and Interest payable in THIBD NATIONAL. BANK, Cbattauooga, Tenn. John 41 Sc 43 F. Douglas, TV ALL STBEKT, NEW YORK. theFRANKFURTBR BANK WHOM be duly prepared. Application will be made to have the Guaranteed Trust Gold Bonds placed on the regular hst of the New York Stock Exchange, and also admitted for dealings at the Exchanges abroad. By H. C. K-l. 107. 127. 182. IK). 213, 215,218, 222, 232, 243. -M'.Zn. 288. 291, 299, 583. 588, 594, U'iO, 644, 858, 673, 6^9. i'95, 702, 720, 737. 741, 774. 777, 803, 821, 832, 848, S.".-. 895. 910, 920, ,949. 9i(8, 1,024, 1.033. l.iao, 1.135. 1,162. 1.190, 1,193. Interest will cease on aforesaid bonds on and after the first day of January, 1887. Principal of retired bonds payable on and after said date at the office of the South Park Commissioners. No. 143 liandoiuh Street. Chicago, Illinois. 11. W. UARMO.V, Secretary South Park Commissioners. BOLAND The above Company uegotlates mortgages on Improved Kcal Estate worth from three to times five the St. Louis & Approved: wM. B. STRONG. President, Atchison Topeka & Santa Fe Railroad Co. RR. CO. The $2,280,000 FIRST MORTGAGE 7 PER CENT BONDS of the above company mature Jan. 1, 1887, payable In New York. The company has resolved to extend the same at the rate of 4'a per cent per annum for the term of twenty-five years, vis., till Jan. 1. 1912. Principal and interest of the extended bonds will be payable, as heretofore, in United States gold coin. Holders who wish to ayall themselves of the privilege of extension are requested to present iheir bonds at the offlco of the undersigned, where their bonds will amount be stamped and the new coupon sheets Dec. 1st. free of charge. of The the leant. Mortgages are for five years and draw six and seven per cent Interest. It also offers Its ten-year DehenturoB, drawing six per cent Interest, wliicU are direct obligations of the Company. Tlioy are issued In series of $100,000 and sccui-ed by an equal amount of First Mortgages on improved Beal Estate deposited in trust wltU the Mercantlla Company of Now York City. They are further seeured by the entire paid up capital of the Company, amounting to $1,000,000. nterest and principal payable at Mercantile Trust Co. Write for further informatlou anl reference to our oHloes at Kansas City, Mo., or to Trust A. D. B. CBATVFOBD, 411 TTalnut St., Manager, Pblladelpbla. OB TO JHessrs. ITIOBGAN & BBENNAN, Man.igers, 2T Cnstom Honise Street, Providence, B. I. Massasoit House, SPKINGFIELD, 1TIA88. IN WBSTKIIK THE BEST APPOINTED HOUSE NEW ENGLAND. Convenient for the tourist or business man. Near union Depot. 'W. H. CHAPIK. Avenue Fifth HOTEL, Approved WIN8L0W. President, San Francisco Railway Company. B. CONKLIN, Sec'y. Ttni. F. SH1:LH;Y, Xreas'r. GEO. \r. mcCBABV, Couuael. NBTT. President, & Pac. RR. Co, F. Preo't, EDIiriN E. "WILSON, iRt Vlce-PreaU. UKNBir P. inOBG.\N, 2d Vice-Pres't. Atlantic EDWARD $1,000,000 SA9ILEL m. JABVIS, order of the Board. NEW YORK, Sladlson Square, The Largest Best Appointed and Most Ijlberally Managed Hotel in the City, with the Most Central and Delightful Location. HITCHCOCK. DARLING John 6. Moore. W. Moore K. Kitchen, & ft CO. g. B. Schi.mt. Schley, BANKERS AND BROKERS, BBOAD STBKET, NEW YORK. 26 BRANCH offices: 78 WaU St., „. ., „ 114 So. Third St., Phlla. N. Y. Connected with I. A. EVANS 4 Co.. Boston, CoBSON & MAfAUTNEV, Washington, D.O. B. L. BUEWSTEH & CO.. Chicago. HUBBAHD & Fak.mi;u, Hartford. Private Wire Connections. Bonds and Miscellaneons New York Exchanges; also Grain and Provisions on Chicago Board of Trade. Buy and sell Stocks, Securities on affixed, until Speyer & Co., miLIiS BUILDING. : »7, 58. 85. 78, Mi. Capital Paid <Tp at Frankfort-o- Interest, and one of the proposed new guaranteed bonds, bearing Interest from Jan. 1. 1887The new bonds are to have coupons annexed, but provision is also to be made for their registration; and if at the time of the exchange they are not ready for delivery, receipts or certificates will be issued entitling the holder to the bonds as soon as they can South Park Bonds. IT MAY C#NCERN Take notice that the following numbers of South Park Bonds havo been selected and retired bt the South Park Couiiiiiswioners in conformity with law, for the Annual Sinking Fund, viz.: Nos. US, 28. 29. 53, Conklin & Co., KANSAS CITY, 9IO. Jarvis, and for IKVEST!HENT SECURITIES. TO SUCCESSOR TO M.. will give temporary receipts, which will be exchangeable for new bonds as soon as ready. For each Western Division Bond so deposited they will also give *80 In cash, as and for Interest, and for each Central Division Bond »13 38 in cash, as CALIFORNIA PACIFIC Six Jarvis-Conklin Mortgage Trust Co., CANTILE TRUST COMPANY OP New York, Messrs. KIDDEB, PEABODY & CO.. of Boston^ and xLm. BAILBOAD riHICAGO &: ALTONNov. 1888. COMPANY, CniCAOO, V-" ILL., NOTICE. TWO Spencer Trask & Co., BANKERS <& BROKERS i6 and i8 Broad Street, N. V Albany, N.Y. Providence, R. I 3, DOLLARS pel A quarterly dividend of share has this day been declared on the PREFEllRKl) AND COM.NUKN STOCK of this company, payable on the FlsesT DAY OF DKl K illiKll SKXl' to stockholders of ro<!i>rd at the close of business hours on the FI FTEENTH INSTANT. The dividend oti sliaros registered In New York will e paid at the office of the Company's Agents. Messrs. JOHN PATON & CO.. No. 52 Wliilam St., New York, and on shares registered in Chicago at the office of the Treasurer of the company. C. H. FOSTER, Treasurer, Saratoga. Transact a General Banking Businesa, Direct Private Wires to each office and to PHILADELPHIA, BOSTON, WOHCESTEB. xmtk W 0iitititfOm AND HUNT'S MEBCHANTS' MAGAZINE. REPREaEMCISa THE IXDQSTRIAL AXD COMMERCIAL INTERESTS OP THE UNITED STATES VOL. SATURDAY, NOVEMBER 43. CONTENTS, Wuk 1886. THS OHKOVICLS. OleBring-Hoiiae R«tonu nena«>etalBUaatlan Iha BmlUmnn A Olilti Report. iUUwar A NaTl«Mlon 1 IBaralasa 5-9 Monetarr kod Commercial .S96 590 KncUah News 593 Oommerolal and MlsoeUaueoos 594 597 News 595 THK BAHKEKS' QAZETTE. Kwkat, VttMga Bx- Hkw Tork (8<oeki....<karM.) «.. Worcaiter Jftm York —ry in Batyn^an morning. [Mana at tk* PMt OOtaa, Hew T«(k. N.T.. •• leMiid olaaa maU matter. (1J»S9,801' (8^116,400) TenH fftor Ona Taar (Inelodlns poatace) VwaU Montha 910 20 do ropaaa Solaarlptlon (Inolodlnff poataffe) nslsod Phlladalphia PItUbars Saltlmore u ea Im BacUa*. (208,100) (43,000.600) •.—41-61 (!8,S07,COO) (-11*8) (88,730,000) (-558) <ia,3»7,000) (-70-8> 180.479,088 8,880.300 l,e08,4O9 487.K4,B0O IJOT.OOl 1,114316 1,100,170 884.006 1,189,161 •13,000 894.808 800.830 +8-7 -1-8 -9-3 +8-3 -6-4 —3-8 +6-0 +18 8 •03,070,654 5,119,100 1,768,380 1,270,000 1,871,360 957,30^ 1,017,197 540,718 tl06,0W,817 •86,806,007 168,631,887 180,488,888 7,887,805 11,068,117 +16 8 N0.1S4.07O C be taken at the rexalar I aatf adTirtietaHnta will of the papeff eappUcd at la. eaeh. rates, 8.6IMJH0 10.078.661 and l0a a< the OaaonoLB m UTerpooiia atBlS, Ezehauffe BnUdlD);s. wnxiAM a. DA.<rA. WILLIAM B. DATtA A Co.. Pnbllshera, Tl> * 81 William Alreet, NKW YORK. 5,300.800 1.866.081 888A)1 800140 (-e8-« +8-1 -8« +T1 +18-0 +ioa +14-4 +84-1 +88-1 •106,139.630 +8-1 •68,035,301 +181> +17-9 +171 8,6(M,607 +8-5 14,577,806 +16-0 ne'e •87,117,784 +13-8 8^ •57,833,131 -8-1 +13-6 U,S38,350 +10U 4,010.080 19^ 8,888,030 •,ote.4aB i.8eo«oe *,8a*Ai7 +10-8 +84-0 4,804,111 3,683,076 0.811,610 -17-8 8,84ajB«8 +»r0 +481 8.090,848 1,908,110 1,076,910 4,800,044 4,688,489 +84-8 +78-1 fa-i I01.7at,4»4 188478,788 4 10-3 •80,0t6.103 +8-4 116,607,140 1,197.038 116.048,817 700.145 + 40 +»» •HIS-O •18,786,748 018.91- NswOrlaaai LoalsnUs CaaMsCltr Xsmphls 0,K3O,n7 10,786,831 -86 8,788,940 4j807,«80 4,108,071 +18-0 8,987.368 OalTsston* Dstrott Indianapolis 8.844441 Total •( tka Oomnaoiu. ajtd FUAiictAi. CHaomoLa in London •.BDWAUiaABlllTH, 1 Drapen'QaidanB.E. where snb- (-39'0> (-£8-9) 0,188,900 ' • (1,610,118) .-88 7; (88,800,081 QnomoLB. wfllbaeeatiiiaadiiatn iaHnWaly oraecad topped. The pisorla. raapooitMa m piMwaiM eaaaot be raapooilbla (or leatttaneaa imlaat made Vf Drafta m Poet CMae Mom/ Oroon. at 80 eeata; poetace on the aamelslS nnaba MIttoeapoIls eorerM tamlelMd Beat Davsr* Mkti. TllaaiiibOMdlerenbeeribew at 91 OoT ! -6-1 10J8l,la0 4,883,(m miwaakse do Jo «1 8a. BteMoa. do TkM* yrtoM hietiide the iJcnaroM' BnPTLBifSirr, lasaed once In two MMlka, aad tanlabad wlthoat aztn ehaiga to mbaoilben of the •785,600,028 •64.811,886 (nilOMO 6 10 11 28 6. PtrOtnt (714,400) (807,900 Total MIMIa.... of SBbscrlytioB— Payable In Adraace: -0^ 1888. (0S,7UO.aOO LowsU Tbb ComaKCiAL and FiNAinnAL Chbonioue U pxMuhed P*rO*nt |770,044,;«7 SpiiDnasId Total n. Wtek .ending Ifm. 13. 1888. (88,118,000) (Q)ttm....bala.) («n<«...*iwk<l<) Pricii of Aotlre CQ^hrotticIc. XiidM« Xor. 704,373.086 Bonds at R. Y. UJ).S«earitlM, BUM Stock Kxchange, and RanKO BailitMMl Bonda and 601 ProTldene*.tnoe Jaoimry 1, lS8a 599 Qaotatlousoratocksaud Bonds 602 Local Secnrldes 603 Hartford tai Prieoa at tte IT. T. U04 NewHkTan 600 Railroad EamlDCB [nrestment and Railroad News 605 %ht NO. J, 117. 20, 1886. at St. Wwtam... LoaU JoMph 1,040,860 030,810 1,871,930 680.074 4,000^4 8.838,016 0,010,018 -»7 +01-T +8811 43^ +37-1 +44-0 +«•» 8,006,804 1-88-r -10-8 +10-B +00-8 +88-1 -14-a 6.7a0,8aO 6.081.830 +305 0,918,814 8,704,810 8.008,808 1,706,073 +84-6 +4-3 3,403,884 1,777.7J8 t43.644.719 MO.B0e,94O + 7-7 •41,340,940 -0-1 113.180.787 |11.S4«,971 +14-0 •18,900,656 +1*8 Total sH »Uia4,4S4.6aO ti,o80,ivuiae NotwithstMnding tha fact that the returna of exchangee at Obum* New Tork 'ta0,M,34ol tMMMJMl for the week under reriew cover six day*, whereas *1(otlDalad««lB totals. in the praoeding week only five days ware incladed, there is a -4-8 •1.078.074,977 -1-9 +8-6 •342.066.919 +«•» I O. 01OTD. CLSARING H0U8B RETURNS. aaarraooisao New York 1,885,117 from laat week of $31,030,743. Our usual telegraphic returns of ezohanges for the five daya not the reeult apparently of any have been received and they exhibit a gain in the aggregate fitllinit off in apeculatiTe operations, for at the Stock Ex- over the corresponding period of last week of $,38,987,900, ohaage, and on the other exchangee as well, the volame of contrasted with the similar five days ia 138,5 there is a loss ia Outside of thetSiai of 7 6 per cent. It should ba remembered, however, liaiisaiiHiiiis baa been greater than a week ago. loaa in the total at thia city Forthermore the decreaae U Maw York alao many of tha more important oitiee record losses that daring this particular week last year stock operations at All this woold seem to indi' New York were the heaviest oa record, and largely ia excess oate eitlier that there has been some daokening in mercantile of the current iiguree. This explains the present unfavorable activity, or that payments on account of past transactions have comparison at New York. a compared with November 8. for the time being been leas liberal. Labor troubles have also BBdoabtedly had some adverse influence of late, but one of tb« moat serioaa of the atrikea (that of the packers at Chicago) baa now been ended. Haw Tork Heavy dealings at the New York Stock Exchange daring SaUia/m«tk (sM.) Boston. «,,, the week of last year with which (K>mparison is now made Philadelphia Balttmoro served to keep op the volume of exchangee, so that, althouKh f^leaso oontrseted with 189.> there is this week a decline of O'O p«r St. Louis.... New York, the rsault after deducting double the value Haw Orlaaas omt at Of the share sale* ($108,354,000 in 1886 against $194,3iM,000 a year ago) ia a gain of 27*5 per cent. In percentage of increase «>Ter ISe.'i Indianapolis still leads with 84 '3 percent, followed by Omaha '5*1, St. Joseph 08*9, ColumbuB 431, Memphis •4-« and Peoria Ui. Total ToUlall Outside N*w Tork Am Oats ladHif Ifov. 10. PtrOHU. lam. 1886. 5 Ciw Snd'g 18(^. .Votl. M. PsrCknl -10-8 »58e,417«3 -84 (8,618,0401 (-48-9) (-UO) 7S.O38.804 78^8.788 Be.688J51 51,017.108 11,017,900 45,470,000 13,013,638 10,782.461 —4-8 +11-1 +5-9 -1-1 +3-0 -12-3 a.6e4,5ie) 73.074.377 48.769.690 10,739.108 40,604.000 14.880,885 •840.3t3,73« 71,863,788 1936.079300 -0-3 60,887.803 1981.007,470 1883.150.80* •687.048488 (786,790360 (0,064.067) 11 ,664,687 4iM8.0aO 18,438.158 0,488,108 •In^nauc tn dels +1-8 +i»a 8388,244 +S-8 +3-8 +6-5 +8-7 +1*6 •790,485.867 71,654.013 +11-7 •807,067,088 -7-6 •860.109.579 |1»70,476.1'« +4-7 •273,H9'2.'.:86 111 «.'lit week' »,retnras. -6-4 ->i\ +7({ THE CHRONKLK 590 from Juj^ TEE FINANCIAL SITUATION. Our market has shown evidences of an easier tendency though actual rates have not differed materially from those last reported. - Bankers balances have loaned at the Stock Exchange at 7 and in moderate amounts at 3 last week about 5^ per cent even per cent was recorded on Wednesday, but it was after the demand for the day had been satisfied, and scarcely a per cent, averaging as ; 1 The banks fair quotation. are undoubtedly in a little November XLUI. was only 7 J million same four months we had imported 15 millions of gold net and produced ftbout 10 millions more, thus adding 2.1 millions of gold to dollars this week, [Vol. ; 1 to thai (2) dftripg 1 the our currency against « loss of 7^ millions of bank notes. That is a queer kind of " ruinous contraction " which " silver certificates " have prevented. Further than that, all the additional silver certificates able to get out in the lion dollars, and in Treasurer Jordan was same four months was just 12 mil- doing that his stock of silver dollars increased nearly 2 millions. Apd we mean no offense to ments has somewhat subsided and their reserves have begun Mr. Beck when we add that if general business should to accumulate. This has not made them liberal lenders become dull through intemperate speeches in Congress, as on call, but they have been seeking to place funds on time for instance calling capitalists " vampires," &c., it would on stock collateral, though first-rate collateral is required lower the high water mark for the floating of silver where anything below 6 per cent for four months is ac- certificates very materially. The cable reports discounts in the open market at Loncepted. There has also been, and for a similar reason, a don easy at 3 per cent, which is probably the result of little better demand for commercial paper at unchanged easier condition, easier in that the urgency for interior ship- demand has come chiefly from the increased holdings of bullion by the Bank and the conexchange on Paris, which permits of a flow of Evidence not only that legal tenders are accumulating, gold to London. Oar private cable states that the gain but also of the opinion of bank managers as to the future in bullion by the Bank which was £102,000 net, wfts demand for money from the interior upon this centre, made up by imports principally from France of £134,000 may be gathered from the circumstance that certificates and of receipts from the interior of Great Britain of rates, yet that as heretofore dition of out of town banks. of which were deposit Treasury are when surrendered liberally the inquiry for currency now being taken out again. to was £43,000, and by an export principally to Lisbon of £75,These facts show conditions existing which would seem to aSord considerable confidence that the bullion the 000. active, In support of this Bank held by the of England was at its lowest point for weeks ago, when it touched £19,The managers of the Bank have certainly well supplied with funds and that a light in- 809,657. quiry from the country prevails. It is also to be been very wise and skillful in their methods the past noted that the Boston and Philadelphia banks show some twelve months. They have been satisfi d to let their stock small increase in lawful money compared with last month. of gold be low, while Paris and Berlin have been accumuUndoubtedly there is a little lull in many departments of lating, and yet they have sufficiently protected their business, though special trades remain very active prob- reserve without putting the rate of interest abDve 4 per Of course, as a high Bmk rate has a tendency to ably also the movement of wheat from farmers' hands is cent. view at the Advices the are at "Western chief hand reporting institutions distributing centres as this fairly year two ; becoming less fre^ while that of hogs and beef cattle was disturb general business, it is to be avoided when possible. Our foreign exchange market has been very variable checked by the labor troubles at Chicago. Altogether therefore, with the continued arrivals of gold from abroad this week, fluctuating almost from day to day within half and some outflow of funds from the Treasury through a cent per pound and alternately firm and weak for both Eirly in the week there was a interest payments and the issue of silver certificates, it is long and short bills. demand, said to be to cover gold imports, which not a matter for surprise that our banks should for the time being at least be a How to little what extent it will money develop, was to continue, and must depend mainly upon the course of general business. every stiffened rates. better supplied with funds. long this condition of is employed centre will "With business active not only and the prospect of arrangements and settlements among Wall street. is likely to favor activity in The worst feature we can This was only temporary, for advantage the firmer tone to sell a certain some of which were suppose 1 to have been drawn against Manitoba bonds. After the middle of the week, that is on Thursday, long sterling was again in request, commercial bills being scarce, but short was easier, the market being affected to some extent by cheaper money in London. Yesterday there was another change, long still and short being marked both up a half cent. The flow of gold to New York from Europe continues. There was an arrival on Monday afternoon of $1,297,200 in francs, and on Tuesday of $245,000 in English gold, besides which about $360,000 gold came in on Saturday, making a total of $1,902,200. There have been further at leading railroad companies ef class of bills keep its funds home, but gradually absorb more, and so prevent accumulations here. Then the requirement for stock exchange operations promises to be large this winter if the funds are obtainable, for the tone is strong industrial taken discover, or rather we should say the least hopeful one, is the meeting of Congress and the discussions which are likely to take it makes one breathe freer to remember March will put an end to all that. Mr. shipments to this side this week, but we are able to trace Beck's remarks at Chicago this week do not sound as if he only about £400,000. We are informed that the Bank had grown any more moderate or conservative during of France has this week advanced the premium on gold This has been brought about by the the vacation with reference to financial questions. to ^ of 1 per cent. We have not room to notice his assertions, except drain now in progress from that centre, both to New York The influence that the exports of staples to say that had he taken the facts we have given in our and London. pages the last two weeks he could never have said that are having upon exchange can perhaps be seen from the more than half our bank note circulation has been swept following summary of the movement during October of away, and that if it had not been " for our silver certificates the last three years, made up from the figures of the place there; but that the 4th of " a ruinous contraction of currency would have occurred " before now." showed last week (1) that the entire contraction ^of the outstanding bank note currency We I Bureau of Statistics, issued this week. It will be noticed owing to the low prices prevailing, the total for the month is not quite up to that of last year. that, NOVKMBES THE CHRONICLE. aO, 1886.1 BXPOBTS or BRSiLDSTOFrH. PKOVISIOXS. COTTOS AST) PETBOLEUX. 1^^591 which touched 42d. and averaged only 42 ll-32d. in price August, rose to 45d. and averaged 43 13-16d. in Septemthen rose to 45^d. and averaged 45d. in October, and ber, frtmca. OctalHT. Jfoadkt. 14 a^TKBie via^MM WbMt. bn. 7.374.986 2,577.338 881.091 Wkt* floor I •.TIAIBl 4.4l3,Se4 & Baal. 1.169.947 Sa.701,170 > t 0«u Aaati. ll.M«»« OkTSUOIT Tot. Ttlu. 90.899.71 how 11.773.306 3).MI1.I02 98.993.XV2| 41.714.H<U 4aR.a8e so.sss 1.B0OJ8O 6a,«tS.7Sl ai.lS7,4S7 10.S3M8S S0.S74.3M 48.ai9.9T9 i8.rr7.M8 week 47 1- 1 19.117.780 4.491.054 London 6d. per ounce. 87J.738 270.368 7.478.333 5.130.148 degree of con- outcome of the commission's work. persisted week this of the ques- advance in east-bound freight rates on the 1st of December, the Central Traffic Association having rec ommended such a step for the consideration of the trunkline managers. At the time of writing, it seems to be doubtful whether the advance will be agreed to, at as least think far grain as that in the and of that article we should the concerned, is case wisdom of has put their action in harmony with the necessities of pro- attributing the in circumstances in the There has been some discussion tion of an When we remem- continaes. It short a time has passed since the quotation was at authorities fidence felt in the ultimate going before it is is.Tst.asa 52.e04.27T[t31.3S4,-<8e We notice change becomes the more striking. that circulars reporting the silver market at London, still cling to the idea that the change in price is due to a change in supply and demand. Just so when it was constantly going down last winter with no recovery, the trifling high an advance might well be questioned. From a railroad standpoint everything can be said in favor of it, but rail* roads do not consider their own interests alone, but must Sl.90t.O19 U7.«43,Dld 14a.«12.«17 1.148.479 42d., the same How 47d. at 31.2^.662 W.947.018 S10.78S 410.088 lilTor ballion at rise in this 1, 35.871.709 88.807 3-.4ll\inS t.8U1.4II Patrol m.Ae. 4.3-'4.542 8i.S14 733.882 8S4.796 308.288 08.903 8.031.800 31 t'dstB*.. * t 10J80J87 47,619.333 MM 8a.lB7 B*rl*7 > T.3IS.4S4 S ber now quoted is 6,785.725 U.S09,822 I.977,ftr7 Bro S.042.M3 16JS3.«ttl M.lt70.933 Valum, 38.225.427 ii,na.8Wl 4i.ao<,gwi «2,733,UM The Itontht. 7.51S379 8S.S49.ESO 11.339.8;&' 49.913.745 S2.000,4S< l*J3M,9i!f touched {4 J 3jtM.aOH| 10,723.703 .biuta. i4.9so.8se 807.813 a.flM.in3 Il.oe4.4ao Tot.biuk_ Corn October. the reaction sets in will depend upon tUe QmmmtUtm. Wh—t.bmh. Cora, 4 Mont**. Qe<at<r. decline to current movements of the metal, or for instance to the probability that silver coin- ducers markets and of the quotations the world. on grain from Chicago as will be for The to when evident their products in 23 present New ^fork we say cent is that, very the tariff low, allowing 1,000 miles roughly as the distance between the two points, that rate affords the roads an average gross return of only half a cent a ton a mile. The advance posed would add one mill per ton to make the average per mile only of five cents pro- this, and even then six-tenths of a cent. More- age in the United Siates was to be immediately suspended, over, it is customary to charge more in winter than in when there was far more chance of free coinage, so far as summer, for it costs the roads more besides, the tariff of the power of Congress went, than of the stoppage of coin- 30 cents par 100 lbs. would be no higher than that received ; We when the conditions were favorable and there was no war or other exceptional circumstance iMpecting silver which are agitating the world today. to keep down the rates. Were these the only con"When the public is forced to acknowledge that it is a mere siderations bearing on the matter, therefore, the adMntiment which is putting the price up, and that it was a vance would be unhesitatingly commended. But opposed mate sentiment which put it down, and that that seaci. to such a step we have, as already stated, the present age. would not refer to neous statements ment is this, the direct result of except that these erro- on views affect in other recent years the great questions the current prospects with condition of the farming interests. Prices of wheat are reference to the future standing of the metal as currency, not only low, but extraordinarly low, and have been so for a decided advance towards the solution of the problem several have been made. Laat winter the outlook grown to be almost years. It producers have will for hopeless. would not be correct to say that the been impoverished as the result of these silver currency had low prices, but certainly the margin of profits has been so Every nation seemed far reduced that only a slight additioaal burden is needed it, and even in India the to wipe it out altogether. Under tbese circumstances, is some time, appeared imminent it not well worth considering whether the wiser course The belief that had hitherto kept up courage and price would not be to leave rates as they are, at least for the present. all over the old world, was that the United States would Tue anthracite coal trade continues to be somewhat tumble into silver monometallism and furnish a market to desire eriais, to which is be rid of inevitable for the surplus holdings of other nations; for European unfavorably affected financiers saw the plight our Government was in and thought there was no chance for us. But it became everywhere evident in July, 1885, that the admiaistratioi> bad put the Treasury in a position of security, and so tha last prop to European confidence in silver gave way and with it the latest tumble in the London price began. little gleam of hope was the promise that our Congress would do something on the subject which by hurting America would help Europe, so the decline was a little irr^^ar for a time, but as the session lengthened and that hopa faded, the value settled more rapidly, until with the adjournment of Congress (just about a year from the vailed. A whicb at one time seemed probable has not been made, aod i.ae figures issued yesterday for the month of October by Mr. John H. Jones evidently give us a reason why the advance was deemed impracticable. It will be remembered that ttie output for that month which had been originally fixed at 3^ million tons was subsequently enlarged to 3^ million tons, and this enlarged production the companies (as a whole) have closely followed, for tha actual amount mined is given by Mr. Jones as 3,512,177 Tuis is only 49,989 tons below the production a tons. year ago, and as during the montb stocks at tidewater As our by the mild weather that has pre- readers know, the further advance in prices points were cut down 77,344 tons, the exhibit at first whole of sight would appear to be very favorable. But last year Next was the Royal Com- with production 49,939 tons greater, stocks were cut down August down to 42 I l-82d. mission appointment (St^pt. 6), and the belief whicti it gave 154,291 tons. In other words, allowing for the changes consumption the amount gone into stocks, rtM» to, streugtb«niDg almost constantly since, that the com* in really accomplish something, the London in the month this year is seen to have been 126,936 tons mission would date this fresh decline began) the final break to 42d. oocurred, bringing the average price for the Timet expreisiog the belief recently that a majority of less than in October last year. To be tha committee would report in favor of bimetallism; so the aiderably below the 400,000 tons falling sure, that is conoff shown in Sep- THE CHRONICLE 692 tember, but every month since the 1st of recorded a lower consumption than for last July has last year, and in view of the very glowing accounts current duriag October, the same result for that month is somewhat disappointing. Still it is not to be forgotten that both produc- [Vol. XLIII. over a large section of country. week the second of the month Returns of earnings for many in the ciss of roads are better than for the leading week of the month, when, as is known, there was a decided improvement on the last week of October. The Illinois Central proposes first tion and consumption were very large at this time in to ofEer to stockholders the right to take one million new 1885, all the activity of the year having been crowded into stock at 136 in January next. Moreover though consumption The following statement, made up from returns colthe last four months. July has not kept up to the figures of flince the first of 1885, yet in the early months there had been a heavy months is full 800,000 tons greater than in the same ten months last year. Furthermore, stocks now are much lower, namely 440,962 tons the Istof November, 1886, against 661,616 tons at the same date in 1885, so that the trade is not without its satisfactory features. In tabular form the result is conincrease, so that the total for the by lected us, shows the week's receipts and shipments of gold and currency by the New York banks. ten densed as follows. ir»«Ji «TuJinj Xovember Cnrrenoj Gold Baetved bv S. T. Banla. 19, 1889. SMpped 1». «l,l49,0O0 ,. Wet Interior Movement. by r. Bankt. •1,495,000 Loss 1346 000 . 25,000 Total gold and leaal tenders 11,149,000 11,520,000 (871,000 Loss.. The above shows the actual changes in the bank holdand currency caused by this movement to and from the interior. In addition to that movement the banks ings of gold Jan. 1(0 Oct- SI. Anthracite Coal, 1886. 18SS. 1888. 1885. 2b»is- 2h7ia. TOIM. 754,545 Ibns. 874,881 Stock be^nnlng of period.. Produotion 8.512,177 815.907 3.562,166 2»,047,875 25,347,588 Total BuDpIr Stock end of period- 4,030,483 440.062 4,378.073 28,801,920 a6.222.2«9 661,616 440,962 661,616 Consumption., 3,589,521 8,716,45'; H8.S08 20,380,958 25,560.653 have lost $200,000 through the operations of the SabTreasury and have gained $1,650,000 by imports of gold. Adding these items to the above, we have the following which should indicate the total gaia by the New York Clearing-House banks of gold «nd currency for the week covered by the bank statement to be issued to-day. It is always to be remembered, however, that the bank statement is a statement of averages for the The transactions in railroad bonds at the Stock Exchange have so greatly increased, both on speculative and the figures should reflect below investment account, that a record of prices and range week, whereas the actual change in the conditioa of the banks since the first of January have become most desiraTo meet this want a new table has been as between Friday of last week and Friday of this ble. week. compiled, occupying a full page of the Chronicle bonds and showing the closing prices of all active Week enMnt November 19, 1888. Into Banlte. Out 0/ Banks. Net Change in with on Friday of the present week compared Bink HoHinoe, the week previous, and also the highest and lowest Banks' Interior Movement, as above 11,149.000 11,520,000 Loss. »371.000 7,300,000 Gain.. 1,450,000 January Sob-Treasury oper.and gold Import. 8,750,000 prices made at the Stock Exchange since "19,869,080 Total KOld and legal tenders 18,820,000 |Qaln..Jl,079,000 were 1, and the months in which the extreme figures This table will be regularly published each reached. on the page immediately following the range Among prices. prominent the week of stock bonds that have been particularly this weeJ£ are the Texas & Pacifies, which ad- vanced on reports of a possible agreement with the income bondholders on the arrival of Mr. Robert Fleming from the other side. There has been nothing new in speculation in share properties beyond the fact that more activity than of late has prevailed in the high-priced or better class of have not been thrust aside specialties ; shares. The Bank of the week. England gained £102,000 bullion during This, as stated above, represents Bank of France 4,575,000 francs silver, shows an increase of 6,460,000 marks. last report, amount of European banks this week and ting a next new month, the progress made in bullion in cipal at the corresponding formula, plan for the reorganization of the Philadelphia Reading and in promoting harmony between the Reading and Pennsylvania and the Pennsylvania and Baltimore & Besides these, the Atlantic & Pacific the prin- date last year. The & Ohio. The following indicates the indeed some of and more particularly Richmond & "West Point stock, have been more prominent than ever, but the attention has not been exclusively confined to these and Lake Shore and the other Vanderbilts, Chi! cago & Northwest and Milwaukee & St. Paul, have all participated in the upward movement. The events of the week comprise the recommendation of the Central Traffic Association for an advance rates The and gained and the Bank of Germany, siMce the 1,850,000 francs gold lost }fov. 18, them, in £59,000 net received from abroad, and £43,000 from the interior. scheme for reducing the interest on the 1st mortgage bonds, referred to by us last week, was definitely published this week and led to great activity in the stock of that road and also in' the income bonds. The strike of the pork packers at Chicago has been virtually ended by the men going back to work, thus removing that influence from the market. But Northwestern roads have had their operations somewhat interfered with by a severe storm of wind and snow that passed Gold. 1886. Silver. Nov. 19, 1885. SoM. auva-. M Sank of Bngland ... Bank of France .... Bank of Oermany. Total this 20,118.595 20,929.657 52.729.645 45,652,170 46,366,570 43.803,322 17.497,950 15,517,060 13.578,750 16,596,250 weak Total prevlons week The Assay .... 90,346,190|61,169,220 S0,874,977 60,399,572 90,147,293160,688,040 80,397,479 60,434,280 Office paid $251,810 through the Sub-Treas- ury for domestic and $1,644,498 for foreign bullion during the week, and the Assistant Treasurer received the fol- lowing from the Custom House. OontUUng of— OaU. Dutiet. Ti.a. Bold. Nov. 12. " 13" 15. " 16. « 17. " 18. Total. 44 98 61 79 83 01 $2,000 3,000 2,000 3,000 5,000 3,500 $2,312,081 71 $18,500 *302,199 333,025 377,101 576,416 377,857 315,477 Bold Silver Oer- Notes. Oertiftc't. ttflealet. $38,000 43,000 70,000 112,000 82,000 73,000 $212,000 231.000 253,000 333,000 223,000 227,000 $50,000 56,000 51,000 68,000 67,000 39,000 $420,000 .$1,539,000 $331,000 Included in the above payments were 17,5 00 in silver coin, chiefly standard dollars. NOTEMBEB THE CHRONICLE. 30, 1888.] 593 competing for through business, its through merchan* and west) increased 392,972 tons during the Ohio (covering year, reaching a larger total than ever before, while at in THE BALTIMORE it OHIO REPORT. The annual statement of the Baltimore & dise (east more the same time there was a recovery of some of the previousWithia the year the company year's loss in the items of live stock, lumber and grain Philadelphia, and in the course of delivered at Baltimore. But it is not in these particulars the year ended September 30), will be studied with than the ordinary haa opened its interest. line to a few weeks expects to have the Schuylkill River East Side road (forming the connecting link with the Philadelphia & Reading) completed, and thus be able to carry business over its own route to New Moreover York. this that the expansion of the company's business tions is most evident. that the progress week we has been It is rather in the is sp>ecially manifest. steadily gaining in all and opera- matter of coal The coal tonnage recent years, but in the have the announcement that the company is about to ac- late year the increase was simply extraordinary, and from quire an interest in a line of Lake steamers to ply between a total of 6,400,746 tons in 1884-5, the total in 1885-6 Ohio ports and Duluth on Lake Superior. With such leaped up to 7,430,367 tons, an addition of over a million evidence that the conservatism for which the management tons. The increase extends to all divisions of the road, of the road is justly noted is not of the kind that invites but is most conspicuous on the trans-Ohio divisions, where decay or a cessation of activity and progress, the desire to the ratio of gain is nearly 50 per cent. On these divisions tee what kind of a statement the road is able to make is as well as on the main stem, the increase has been almost very naturally increased. Special interest in the year's uninterrupted year by year. On the Pittsburg dWision the would have in any event been felt, since the twelve amount of gain is largest of all, but it marks merely a months covered by the report embrace a period of material recovery of the previous two years' loss, as the following improvement in trunk-line affairs, of some benefit to the Bal- table giving the traffic figures in full will show. timore k Ohio, though for obvious reasons the company's 1883-83. 1883-84. 1884-85. 1885-86. 1881-83. buiiMas did not share in the improvement in full. CVMlA coks oaiiie<1 reeulta ' It may be On main that considering the higher rates in force, the exbibit though better On months does not come ap to the expectations of the more nngoine, and for that reason a few words of explanation may Mm (fns) OJ which than for the preceding twelve pmor's <"• Pitiabarg Dlv.. In the first place, take the 3,268.631 3,487,170 3,673.448 443,644 3,003,983 909.594 48P,?ei 3,437,238 1,339,681 678,041 684,696 489,913 3,167,696 966,468 6,647,016 6,668.383 6,393,675 6.400,746 7,430,367 607,034 S.686.S14 701,936 6.633,443 717,388 6,415.550 766,163 3,900,025 752,150 3,437,159 S86,«38 400,695 j 3,«47,7«e| 3,403,130 OnTnuu-OhtoI>lTs| TottI not be inappropriate. 3,631,226, 2,S81,6S7 for com-' 1 Ckrrted to Baltimore. statement in President Oarrett's report that the profit and Floor bbU. Wheat bnah. loM account shows a surplus for the year of $232,845. Com boah. 691,719 4,9*6,900 3.478,940 8,383,859 9,474,375 Total grain of aU! For 18S4-5 this surplus was $110,819, so that there has 8,343.340 U.T70,S93;il,688,08a;i3,048,268 13.718.428 been an increase, and yet the increase hardly represents 70,320 Live •tock....tona. 90,630 83.187 67.890 80,384 93,831 107,398 86,560 Lumber tons.. 96,366 93,333 even the saving of one per cent in the dividends on the Thronch mereh'd'M, company's stock the reduction was at the rate of two Ea-t * Weat.„ ton* 3,043,937 3,108,388 8,975.888 8,338,147 8.731,119 per cent per annum (from 10 to 8 per cent), but it only Looking now at tbe revenue account?, we find this augeoanted in one half-year period. The small gain in surplus meotation in traffic and tonnage reflected in the earnings. therefore is rather disappointing, the more so that in the Some of the roads in the system do not give as good an yeeia immediately preceding the last two the surplus had account of themselves as was expected, but they are all been eo very much heavier—close on to two millions in such as would naturally feel the effects of vhe disarrangesome of the years. ment of the company's through service, to which we have Bat it will not do to take this bald statement of the sur- already referred, while the system as a whole certaioly pltu account as a reliable indication of the degree of the shows considerable improvement over the previous year in company's progress and prosperity. We have no transcript the case of both gross and net results. Gross earnings are of the income account for the year (that never appearing up from $16,616,642 to $18,422,438, being an increase of and thus are without the details neces. over $1,800,000, which is certainly considerable, though till much later), •ary to a correct interpretation of the figures. There may it does not bring the total up to the best figures of prehave been some extraneous items to affect the result. vious years. Ttie gain, moreover, covers freight and pasMoreover, it is clear that there must have been an increase sengers alike, the latter having contributed $435,438 of the in the charge for interest, considering the new road built gain, and freight $1,320,358. The net earnings are up and new conttmclion work done, and we are not at all sura from $5,643,057 to $6,386,695, or nearly three quarters of that there may not have been a decrease also in thecredita a million dollars, which confirms the remark above that — against interest. Beaidea all this, consider the difEcaltiea nnder which the road baa had to conduct its through bus^ Not having its own line to Beta to and from New York. New York, it had to offer passengers as an inducement for taking the Baltimore & Ohio route to Chicago and making a transfer at Baltimore, a redaction of five dollars from the regular fare, and then had to pay tbe Pennsylvania full local rates for carrying such passengers between New York Finally its arrangements on and Baltimore. were also upset, tbe Pennsylvania shutting through freight In view of all these cirit off from its New York line'. cumstances, and the increaoe that has presumably occurred in the interest charge, the showing made on the surplus account is certainly not unsatisfactory. the year's surplus alone does not offer a correct guide of tbe extent of the improvement in the company's income. If it as be^jclaimed that the gain in the net the increase in the gross ia hardly as great would seem to warrant, it should not be forgotten that there are reasons which would Ia the seem to explain the heavy increase in expaosej. first place, the augmentation in the volume of traffic would Then of itself add considerably to the expense account. tbe disadvantages under which the through business had to be carried on would operate in the same direction, while as to the increase on certain special divisions, the greater prosperity which those divisions were enjoying would naturally tend to make tie company more liberal in the use of earnings for betterments, improvements, &c. We however, evi lences of improvement of a can best see the various influences with which the Baltimore positive kind when we come to the figurts of traffic more & Ohio has had to contend, by arranging the earnand earnings. It will perhaps surprise many to hear, tbi>t ings in such a way as to show each division separately for There deqtite are, all the disadvanUgei under which the road labor d a series of years, as is done in the following. THE CHRONICLE. 694: 1881-82. Miiln sum 1883.84. 1882.83. 1884.85. 1886 86. (AiHo. to i/jia and Br'nchet)t « « Qross earnings 10,556,570 11,679,839 11,606.958 T»Ti 6,983,626 Net earning* 6,147,656 6,269,216 • 9,783,262 6,763,362 9,846,613 6,820,247 4,672,944 Kxpenaea • 6,432,183 6,237,742 3,969,900 4,«28,S«6 WtuMt^fton Branch (Relay toWat}Ungton}— Orosa earnings 354,366 Expenses (partial) .... l.'i3,103 346,606 124,257 335,944 155,613 815,308 120,537 222,248 180,331 194,771 234,5U6 624,666 616,694 788,627 478,466 643,163 601,440 647,767 498.909 663,044 601,697 108,071 260,061 141,723 48,848 161,347 gain on the roads as a whole, in the face of the small improvement on the divisions affected by through business, is Parkertb'o Br.(Gra/ton Parkfrgbur^)— Gross earnings... ..... Hxpenses "Net earnings ColunUna)— Rumors of a lease Union Pacific, or either to the Northern Pacific, to both combined, have been current so 314,932 887,789 376,638 296,856 478,523 skepticism as to whether the present story has 940,769 706,068 909,128 707,347 1,016,608 754,808 817,785 697,866 1,013,014 703,303 from all accounts it would seem that while the lease has not actually been signed and perfected, yet so much progress has been made in that 234,701 291,781 261,700 119,919 309,711 direction as to warrant the belief that all obstacles have many times before that there is naturally much any more substantial basis than the others, but overcome, and that a Gross eamlugs 1,692,007 1,245,600 1.878,167 1,304.664 2,046,881 1,557,893 1,724,612 1,463,007 2,098,668 1,828,651 446,407 073,503 488,988 261,603 2ii9,917 69,380 68,229 115,879 75,407 254.021 223,732 299,372 291,531 446.2!>9 1,151 40,472 30,280 7,841 13,460 188,937 175,859 164,781 146,289 168,533 167,775 118,480 147,632 214,291 178,083 13,078 19,612 768 def.29,102 35,208 2,979,789 1,437,664 2,813,172 1,334,897 2,294,827 1,252,695 1,999,960 1,226,541 2,430,085 1,587,664 1,642,126 £xpeDsoa 1,478,275 1,042,132 773,419 842,421 Net earnings. Pitts IWhta'gtoPUItbura.}- Groas earnings Net earnings 432,309 New'rk Som.A Struitav. Sh'wnce)- Oross earnings Net earnings PiUt.& Cb7in'n«i).(P(t'». to Cumberland 6c Jlr'a)Gross earnings Net earnings an lines op'raVd- Eipenses opportune because of the proposed lease of the property by the Union Pacific, which has now assumed definite 791,963 Chic. Gross earnings NAVIGATION. db 1,270,476 June. to Chicago. lU.)— Tot.o/ OREGON RAILWAY 1,000,166 764,810 Net earnings ,lo the 1,169,773 793,135 j^xpAnfe^ (Ifiv-rk.O coal, 716,050 iate Erie LMvANewark to Sanduiky)— Gross earnings WliuUnoJt York, 1,103,839 Net earnings 0., New 987,402 672,470 Expenses ( to Rather tardily the report of the Oregon Navigation for the year ended June 30 has arrived, but it is especially or to the Gross earnings Chtc. Div. own and with higher rates in prospect for bituminous is very encouraging. shape. CmtOMo IMD.(BelUHre to also that with a line of its outlook for the current year Kct earnings to We an illustration of the strength of the system. may assume 325,321 90,816 221,263 fVOL. XUIl. 18,383,875 19,739,837 19,436,608 16,616,642 18,422,438 0,929,213 11,034,014 11,676,307 10,973,685 12,035,743 ! Netettmlng-s 7,454.662 8.706.823 7.760.301 5.643.nR7 iuiuuujugit,ii4,/o/ giuBS oaiuiugB, $»9,o2i expeustssauu net earnings on tbe Philadelphia Division. (1.3R(!.«95 not be much final been closing up of the arrangement will longer deferred. Indeed, President Elijah Smith states in his report that it is probable that an agreement with the Union Pacific will be concluded at an early day. It is understood that the lease is to be on the basis of 6 per cent dividends, and it seems to be believed that the way will be left open for the Northern Pacific to join in the arrangement if that company should desire. The acquisition of the Oregon Navigation is probably a wise step on the part of the Union Pacific. It will give the latter a line under its own control to the Pacific, which cannot fail to strengthen the position of the system, and which perhaps was absolutely necessary to its continued prosperity. The Union Pacific can reach the Pacific Coast either over the Central Pacific or the Oregon Navigation, but as is well control of parties known the antagonistic Central Pacific to the Union thus unavailable for a close alliance such as i(iii),viid through profitable This brings out sharply the contrast between the roads chiefly affected by the adverse circumstances with regard interchanging In arrangements. in the and required for consequence route. to through business and the roads only slightly or not at all affected by those circumstances. Thus the main stem, traflic is is Pacific, on which the gross earnings last year Union the Pacific has to rely chiefly upon the Navigation If the managers could feel assured that that road would be maintained on a perfectly independent basis, traflBc impartially with all connections, there from IIJ^ million would be little need for a lease; but for that purpose it is dollars to $9,700,000, or $1,800,000, now shows a recovery obviously no more to be depended on than the Central Pacific. of only a trifle over $100,000, while the net earnings With the Northern Pacific the case is different; that road which had declined nearly $1,300,000 have increased only will have its own outlet to the ocean as soon as the Casfell $56,000. Then the Chicago division, though it records a considerable increase in the gross earnings, exhibits scarcely any improvement in the net, and the inference is that by reason of the drawbacks referred to the expense account was greatly increased. The Pittsburg Division, too, has only a comparatively small increase, on a pretty heavy crease in the gross. situation, but Here coal is the though the coal traffic on main factor we is completed, and therefore can afford to regard with greater indifference a possible change of ownStill, it would probership of the Navigation Company. ably conduce to greater harmony made a party could be From in- in the this division, as cade division step a traffic if the Northern Pacific to the arrangement. standpoint therefore, by the Union Pacific the wisdom of the can not be gainsaid. important consideration, however, is An equally the financial aspect of have seen, greatly increased, the business of course had to be the matter. Will the guarantee of 6 per cent dividends on carried on in active competition with the Pennsylvania, and Navigation stock involve much of an outlay to the lessor doubtless the margin of profit was not very large. More- or lessors? On that point the report just issued enables over the pooling of the bituminous coal interests, and the advance in rates to result from the same, is a comparatively recent occurrence, and did not figure in the late one to gain the its light. Let us say in the first place, however, that company may be considered to have passed through Very prosperous from the outset, transition period. other hand, on the lines in its profits the unfavorable conditions tion lines —river and ocean. as to through business played only a minor part, the comparisons are very satisfactory, the Central Ohio, the Like Erie, and the Newark Somerset & Straitsville divisions all were yet almost wholly derived from the naviBut the cumbrous, slow and tedious process of transportation by boats had to be superseded by the more modern and more reliable means of transportation by rail, and gradually the latter was showing large gains. made take the place of the former. year's Ohio, We On the where we may suppose operations. think this analysis goes to prove that all things considering the Baltimore & Ohio has done well. The heavy to Tnis involved change, and with the change came doubts whether the These doubts prosperity of the company would continue. SbTKIUKB.SO, have now THE CHRONICLE. 1886.1 596 great measure been removed. In the preThis shows that on the basis of six per cent dividends, year it seemed for a time as if the company calling for $1,440,000, there would be a surplus above the were undergoing a speedy decline, but that was a period amount required, on the operations of every one of these Tious in fiscal extraordinary local depression, of crop failure, of with winter weather of unparalleled tion. As a reflolt and severity and dura- of these circumstances net earnings had when years, except 1884-5, five exceptiooal reasons for the income of the property suffered a great reduction. also is claimed that in the late year $343,679 It of the from $2,482,575 to $1,569,516, but for the late expenses were of a special or extra character, but we need year we find them up again to $2,561,490, or to the hardly refer to that, as most of the items enumerated largest figures ever reached. How the company has seem to be of a kind likely to occur again. With referfallen changed its business from an almost exclusively water route to a railroad, can best be seen Bcd net earnings by divisions as follows. increase over 18».64. ie84-8V I 1885-66. OroM aaralna. nijan eCIB.lM SM.a8ll v?o,ois aa8,«M vmtsst 1^10.14ft «28.S9s! 400.083 saoasil 758.318 473.918 8n.47S i%.eM Ntt earalac* .. JfaOreod iNrMm— $ S78,444; 282,UOO « 410.014 9Bfi.SI0 Oparai'c expcnaas Opmt't txwum ijmVMt t 784.3» 4aSAIS 408.803 381,434' 8B7.S1B 8e7.(M3 B».n8 1.073.14I •43.081 mnjm IMtMD Kat CMrr I>lvMM>«— OroM«Bndnci., >310,408| SJI3S.015 a8»,«84; l.fi03.1M 35.«0i •86.143 l.»37,64Sl 1397.013 64,«Tg 80.819 08,780 886,108 SIMS 48348 38348 78,006 •iUAoaBi~<u.sT.4a8| dtj.7jtn\ »jm lOlMK 41,710 848310 MS.84B n8381 888.313 10T.618 W,3M 170.T4T 31380 30.701 saooAs MMjn 0384.900 438841b 5340.543 S38USI 8.918308 8.t«8.UQ3 «,40Ut4 847«.S4a 1300310; 23e4.<80 4.94T.aM op«ni'« •xpuMiIs.on.ws a.M<.8a8 I« *11 moDtha ODir. I June 30, $847,850, and sinking funds it otherwise would have been by reason of the fact that in the purchase of Columbia the & Palouse road from the Oregon Trans- Continental in 1884 the latter paid two years' interest in on the bonds $49,766 of la 18dl-82, 1882-83 and 1833-34, this cOTon the Oregonlaa narrownmU, than operated ; (or 1884-8S and 1885-86 it covers tbo •M8 this purchased road, and in 1885-6- the of amount evidently counted Bat the increase in the charge current year, for on April 1, will not last beyond the 1887, five millions of 7 per cent debentures mature, and as tliese will be replaced the 81»,0a8 i44.aa8 Oparat'ci is amount having been smaller than the (.01)1,308' 3.e2S,5(U UB40,418t *,031,8U| 1,103.8001 8,088,480 OptrafcnptDM* the debt outstanding the late year the call advance Onmrnnlam*... Opant'g •xpaoM* On annual charge 8T4.S00 78401! 100.87S well to state that in the late year is it $83,400 more, making $931,250 together. In for these two items was $831,289, for call $ the be anticipated. to 1886, the 188IM1. may be amount required ence to the charge?, however, by stating the gross an new consol fives, by ensuring a saving of $100,000 per annum, the charges will not be materially changed. According to present appearances therefore a guarantee of six per cent dividends would seem to be on the basis of the leased property's earnings, and thus unlikely to entail much if any burden upon the lessee. Of course, with the completion of the Cascade division of the Northern Pacifici there will be two competitors for some of the tra£5c on which there is at present only one, and there will doubt- A PalooM road. less also be some further reduction of rates, but as that Thtu the earnings of the River division, which in 1880-1 section of the country is in the infancy of its development were over '2\ million groes and over a million net, in the we may suppose that any loss on those accounts will soon On be made good by an expansion in the vol). me of business late year were only $409,802 groet and $35,202 net OolQinbUi th« other hand, the earnings of the Railroad division in to be done. the tame interval have gone up from $539,573 to $3,925,504 groM and from $324,277 to $2,068,489 net. In 1880-1 Railroad lines contributed only $324,277 out of $1,666,862 total net; in 1885-6 they contributed (including the Columbia & Palouae road) no less than $2,215,637 In other words, the railoi^ of a total of $2,564,490 net RAILROAD EARNINGS. the ro«d buainen of the road baa been firmly established, and now lupplies almost the whole of the net profits of the eompany, which profits in the late year, aa we have already pointed out, were the largest in the history of the soterprise, thus making it evident that in the railroad aa in the navigation department, the efforts of field, Isavs for and other charges, and what the stock ? In brief, we may say decreases now show increases. the man- agsra of the company have been attended with success. But to what extent were these net earnings absorbed by iatarest, rentals, Railroad earnings are again improving, and the statement below for the second week of November shows an increase of f283,039 on the 29 roads reporting. This is not far from 9 per oent, the largest ratio of gain since the Ist week of October Only four of the 20 roads show lower totals than a year ago, and three of these are situated in the Northwest. All the roads distinguished for heavy gains in the other recent weeks are still (o distinguished, while some that previously recorded 2(1 »«* of November. that on the 28,071 * 14.G.21 A AUanilo A Eaat. tllluola. ordinary operations there was a surplus for the year of CbiorilU. A 8t. PaiU Cblcaeo & Nortbweat $41,974 after paying dividends to the extent of 6^ per Cblc. St. P. Minn. *0.... If we take Cincinnati Haw. A Day.. oent on the 24 millions stock outstanding. (In. Ind. 8t. U * C into account $52,106 spent for replacing certain wooden Denver & Rio Grande Det. LansInK dt Mortbem. bridges with iron ones, and erecting snow sheds on the Lun«; iRland LoulnviUe A Nasbrllle ... Baker City line, we have, instead of the surplus given, a Loul*T. New Alb. A Chic. Mexican Central On that basis the result for the late MilwaiUee L. 8. A Weat.. deficit of $10,132. Milwaukee A Nortbera.. year comt»res with the previous years as follows. M. y. City A Northein ... N. Y. Out. A Westora .... Norfolk A WeBtem InUnH. OUur .. 5urpliu Northern Paolllo Ot»(IMol orVrJlM. Peoria Dec. A EraiisviUe a nuM. BenUUt BUImntSt. Joe. A arand Inland.. m^nto. /IMM 80.. St. toula A Ban Fra'Isco. t I t • « St PuulADulutb I t Toledo A Ohio Central 18.001 I3»*,000 4649,080 507308 5.I1S.TD8 8,8U341 B.0T7J74 7300 I3(«4300i i-oae.ias Wabaab St. L. A Factflo.. 881.488 tjoo3ia 8488380 8,'.08388 Cliica«o Cblcaso I . . I I 5384307 St:: I \ 83V13B8 43S1.0SI 8388388 8348348 8381.718 a.fle8.4IW 4.088.118 870480 780318 86310 1300.000 -70.300 8300 1.080.000 -830.080 847.000 08>30t 1300.000' -10.1K8 Total (29 roads) Set Increase Inereate. 9 40.3'H) Cblc Canadian Padtto Caliu Vln. 1885, 9 BaSJijr. 4 Phlla did they 'BOBIo Booh. A. PitU 1836. 260,000 34.331 40,981 fi21,00U 575,800 162,500 59.545 47.489 168,000 2.S,061 54.448 306.150 30,025 88,400 45,460 14,870 10,292 25,680 75,7.^8 823.400 14.167 23,450 S 4,700 51,000 27.551 10,110 4,.%05 20 ,0U0 64.()0u 2(1.969 1,420 7,36 40.218 634.030 766 535,8iM( 'io'.ooo 145.300 66,986 44.000 133,695 26.092 17,200 2,549 3,489 34,306 13,030 3.031 4<»,580 4,8B8 270.310 35,8 iU 2.H53 3(1.972 77.700 32.775 11.815 9,296 24,586 61.C06 3ul,450 14.075 33,404 18,305 255,000 18,358 111,733 38.510 4.476 250,000 3,633,277 3,250,248 H'J,9<I0 Deereate. 10,700 12.685 3,061 996 1.094 13,952 21,941 92 5,092 1,167 5,076 13,829 5,0OU 308.8UO 283.029 25,837 THE CHRONICLE. 696 For tlie first week of November we have since our last received the returns of thirty additional roads, giving us altogether 67 roads, and these 67 roads had aggregate earnings of $5,563,529 this year, against |5, 118,813 in 1885, an increase of 1445,217, or nearly 9 per cent. Isl week of Xovimber. 1886. 1885. Prevly rep'ted (37 roads) 4,233,512 Burllnetou C. K. & No... Central Town Oln. N. O. <fc Texas Pao... 71.560 30,921 56,951 28,297 16,620 12,664 Alabama Great So Kew Orlrans & N. E.... VickBburg & Meridian Vlcka))iir>r .shrev. APac. Cincinnati Wash. & Bait. Cleveland Akron &Cj1... Col. & Ciu. Midland Des Moines & Fort Dodge . EastTenn. Va. <fe Ua Evansvnlle (teTerre II Fltut <fe Pere Marquette . Grand Trunk of Canada.. Houston A Texas Cent . . Indiana Blooju. & West.. Kansas City Fort S. 4 G. Kansas Citv Spr. & Mem. & Westeni & St. Louis... Marquette H. & Ont Meiuphls & CUarleston Minnesota & Nort!;we.»tLitkc Erie L'vllle Ev. . 8t. L.Alt. &T. H.,M.LIne Branches St. Louis Ark. & Texas .. Wisconsin Central Minn. St. Croix & Wis.. Wisconsin & Minnesota Total (67 roads) Not increase Increase. $ 3,965,770 73,241 29.073 57,135 20,562 14,*>(i9 39,775 10,112 5,887 7.424 89,400 14,548 37,369 379,050 101,354 62,213 49,749 33,5B0 20,796 18,219 26,210 45.547 13,165 25,129 17,244 51,405 32,138 7,430] 10,581 Decrease. $86,398 18,656 1,851 """184 1,681 7.735 3,398 13,222 14.833 15,074 34,764 9,197 4,682 7.870 91,204 15,165 36,810 314,471 89,907 45.209 50.117 26,493 17,769 15,629 14,080 33,224 8,106 26,864 14,747 36.453 29.654 3.807 3,200 2,169 405 5,011 per cent, and ttie discount rate for three months' bills has re ceded to 3}4, per cent. Still the prospect of dearer money be tween this and Cliristmas remains. The return of the heavy subscriptions to Guinness & Co. has increased floating balances but this is regarded as merely a temporary accession. Commercial requirements are steadily expanding and promise to become yet heavier. As there is no large surplus of capita available, an extension of the demand could not take place without very decidedly influencing values. As each Stock Exchange settlement comes round, we have very clear evidence of the growing scarcity of money. The weekly Bank of England return did not disclose any special changes. The Scotch demand and the Autumnal expansion of the note circombined to reduce the reserve by £484,276, and 'he proportion of reserve to liabilities has fallen from 41 '47 to for coin culation have 915 1,225 446 1,804 617 556 38"7 per cent. The rates for Open market 7.067 3.027 2.590 12,160 12.323 5,059 Joint Four Six Three Four Six Stock Montlu Montlu Itonthe Months Month, Months Banks. Oct. 1,735 2.497 14,952 2,484 3,623 7,381 473,282 445.217 2«3 - 2«a - 1 '• 8 " !«a '5 22 4 2j<a " 29 4 sM'a Nov. sl •• 28,065 m» 4 and yet it is satisfactory to know of the tangled that politics do not now exercise the same influence they did. "Wolf" has been cried so often in connection with the Eastern question that it has been robbed of its terrors, making business much less sen" flitive to the news, alternately alarming and pacific, emanating from that quarter. The expansion of commercial dealings wool when more persome reactionary symptoms in the is No into consid ration. What is of great importance is the stronger position now being occupied by the hardware industries. The returns of the Cleveland Ironmasters' Asiociation, just issued for October, are more favorable than those for many a month past. The publication of these particular returns Las been awaited with interest, and it is something to know that the anticipations formed respecting them have been realized. There a reduction in stocks of 29,687 tons. Certainly the amount is considerably heavier than last year, namely, 690,735, against 413,609 tons, but with diminished production and an increasing demand a more equal balance should soon be struck. The reduction of stocks on the month is the more s itisfactory as the actual make of pig iron during October was 1,679 tons more than ia September. The shipments during October exceeded those of the preceding month by 7,174 tons. It is therefore very evident that the home demand for iron must have decidedly increased. The stocks at the present moment are 173,000 tons more than at the beginning of the year. Orders are, however, coming forward more freely, and a steady reduction of stocks seems promised. The Staffordshire iron works are very much b 'tter employed, and in many of the leading establishments full time until the end of the year is looked for. The shipping trade in the north also is in a better condition, and there is a general increase in the demand for freights. Altogether business is assuming a brighter aspect, and we are looking forward to the future with confidence. Nothing special occurred in the money market during the week. Firmness has at times prevailed and occasionally bank rates have changed for both day-to-day loans and discounts. The close of the week has however witnessed some relaxation Of firmness. Day-to-day loans are now obtainable at 2}^ to 3 is 2 2 2« 2« 1886. other bills 1885. 1884. £ and £ £ 25.044.365 25.103,705 1883. £ Public deposits Other deposits 3,114,798 3,107,226 23.723.453 25,917,568 Government 14,035,215 15.123.767 20.190,004 20.374.03S 23.3S7,140 10.455.890 11,343,132 19,809,595 38-7 p. c, 20.637.497 4 p. c. lOlHd. 2p.c. 25,693,676 4.209,643 23.587.841 13,679,008 19,822,153 25.530.920 4,180.452 23,597.475 18,709,99 -i secorlttes Other securities fteserve of notes and coin Coin and bullion. Reserve to liabilities Bank rate Consols Clearinff-House return 33H 9.517.237 12.1.36.568 19,298,167 22,080,243 34 p.c. 5 p. c. 100 l-16d. p. c. '43^ p. c. 3p.a. 100 7-1 6d. 146,762.000 123.989,00(1 131.296.000 101 9-16d. 97,717.000 The Bank rate of discount and open market rates at the now and for the previous three weeka chief Continental cities lave been as follows: Nov. Oct. 29. 6. Oct. 16. Oct. 22. SaUsof certainly surprise can be felt at that circumstance the rapidity and extent of the late advance are taken Irade. B rate of discount, the price of consols. &c. ezcludini; 7-da7 Utttrestat ceptibie, notwithstanding Bank ii.e ui s I and the prospect m» -3 Si3H 3M®3>i - 2>4a - 2«a -2H®3H 3 @SK 3W®3M 3 ®3« -3 —8 -S)i«3« 3«0 - 3«®3X SK'S -,S«94 3«®4 3H*4 — si^a 3H» -3}4i* I3^@4 3^44 s>4'» - s^a - sH^i i3?ia4 The following return ohows the position of the Bank of England, the threads of negotiations being speedily unravelled is as remote as ever, thanks to the provocative activity of General Kaulbars. All this is not favorable to a further improvement in trade, Interest allovMi for deposits hy Three From oar own oorr^sutiudent. London. Saturday, November 6, 1886. Political affairs in Eastern Europe appear to be becoming more confused. The tortuous paths of Russian diplomacy are straight, : Trade BUlt. Oondon circulation, from being made as follows rates. 368 p|.o aetar gs & o mmerctal ^^ngltsH far money have been 64,579 11,447 17.004 5,563,529] 5,118,312 I [Vol. XLIII. Bank Open BaU. Market 2^ Bonk Open BMe. Market Barik OpMt Rate. Market 3 2« 8« 3H a 3X iH 2« 3 3 SJi 3 3 z^ 2« 2« 2« 3 2M 2^ 2J< 2)4 2X a« 2H an za 9H 2« 2« 4 4 4 4 4 4 4 SH *K 5 4 5 3 4 3 5 3 3K 4M 3 4 5 8 3H Krankfort. SH •lambuTK AmsterdaniH... SH 2ii 2X Vii Hrosselfl an 2?< 2), Madrid Vienna 4 4 4 iu Petersburg. S 3 Messrs. Pixley Op«n Market 3J« 3 Palis Berlin Copenhaffon. Bank Bate. & m 3 3 8^ 3 Abell write as follows on the state of the bullion market: Gold— Tlie demand for India and America has been sufficient to aball arrivals in bars. The Bank has received £46,000 in sovereigns, and £50,000 have been taken for Liabon. We have received £58,000 from Australia, £76,000 from West Indies and £5.000 from the Cape; total, £139,000. The P. & O. steamer has taken £2.i,000 to India. Silver has improved since our last week's quotation of 45 ''a !•, with a strong demand for the Continent; and the market not belni; very largely supplied, we give 46'8d, as the nearest quotation. The arrlv>tls include £80,000 from Chili, £30,000 from West Indies and £20,000 from New York; total, £130,000. The P. A O. steamer has taken £52,000 to sorb India. Mexican Dollars— The unsold portion of the arrivals per Don and Washington from West Indies was placed at 45d. per ounce. The arrivals comprise £165,000 from West Innies and £.i,000 from New York. The P. & O. steamer has taken £24,000 to the East. The quotations for bullion are reported as follows: GOLD. SILVBR. Nod. 4. ». London Standard. 4. n 9 Bar sold. fine., oi. Bar sold, contain'K 20dwts. sllver.oi. 77 10 Span. doublorj|| <tft. 3.Am.doubl ooM .01. Oct. 28. (. Nov. London Standard. 4. 4- 4. Oct. 28. 4. 1 9 Bar silver ob.1 Bar sUver.contalD- 46^ SSfi 77 10 lng5Krs.gold.oi. 46)^ ten *s% 77 Cake silver ...o«Mexican dol8...oi 49« 45 46 The Bank of England has received tenders for £2,280,000 Bills. The allotments were— in bills at 3 months £1,475,000 and six months £805,000, Tenders for bills at three months at £99 28. will receive in full, and for bills at 6 months at £98 4s. 6, 33 per cent; above in full. The average rate for the three months' bills was £3 9s. 4i^d, per cent, and for the six months £3 88, 1 Id. per cent. Treasury NOTUCBGB THE CHRONICLE. 20, 1886.] A new Chilian 4J^ per cent loan is announced by Messrs. N. U. Rothschild & Sods, the price of issue being 98}^ per cent, and the amount £6,300,000. The whole of the sum, with the exception of £315,000, b for the conveision of the 1858, 1867 and 1870, 1871 and 1873 loans. The 1867 loan bears interest at the rate of per cent, but the others at 5 per cent. The company promoters are having a good time of it just BOW. The rush for gold minei has been rather checked by the recent warning from Brisbane, and the shares of some of the undertakings have receded, though only fractionally. It is stated that one of the companies lately brought out was sol<l not long ago for £16,000. It was then disposed of for £;o,000, and a few days after for £170,000, and eventually blossomed blown company with a capital of a quarter of a The success which attended the million pounds sterling. IflBiM of Messrs. Guinness & Go's, prospectus has, it ii rumoured lad other brewing firms to consider the advisability of trans! fetlinc their business to public companies. The report now is that Meaars. AUaopp, the noted pale ale brewers, are likely to diapoae of their business in this manner. The company mania Tliis week a, in fact, permeating all branches of industry. among otbem we have the Hop Bitterj Cjmpany, with a capital of £95,000, a small Advertising Ageocy, a Pressing and iRMBiag Machine Company, a Transformation Prints Company, a Chemical and Manure Company some half a dozsn mining companif-a, besides the Chilian 4% P^'' <^^°t loan, of which only £815,000 in cash is required, and some Ottoman railway nto a full 597 Lomton. Hon. Sat. i Wed. Tuet. 1 Thurs. Fri. *BIltl> 46n,„ 46nifi 4C-8 46iSie 47 ..d peroi 102 101»18 101 Bi, IOU616 'IOII61,,' 102 ^nsolB formoney IO2I1. IO2I1, 102 101% loviiia 102 ''onsolB for aoooaut. . SllTjr, , . fr'oh rentes (In Parts) fr 82-921S J2-70 13138 72 Janadlan Paolllo H^. & 11279 13138 112''9 a. 8. 4>«sof 1891 U. 8. 4b of 1907 72>>8 — 9838 St)% I3a>« sei* 193b 117 9g3a 36% Btook IBS'* UlnolB Central 5939 "ennsylvanla 'hlladelphia & Readln^i l9ie lie's New York Central JIilo. ^Jiie, St. Fatil.... oommon 82-80'' 112% 112% ism I31I4 72^8 72% 98% 82-32lg 112>4 130>4 fe2-37i« 82'6.5 112% 130% 7178 37>a i3ai< 59=8 37 97% 37% 98 38 ISSH I38J4 59^ 59 >4 193a 2058 1117 ^o^ 138>« S914 203^ lie's 111714 98iS8 117>9 ©ammcvcial kuA W^isccUvLntavLs Hews National Banks. —The following national banks have lately b >en organized 3,586— Tbe Citizens' National Bank of Sioux Falls, Dakota. Capital $ )0,0i '0. Edward P. Berbe. President Eben M. Hills, Cashier, 3,587—Tbe Alabaiua National Buuk of Birmingham, Ala. Capital, Joseph F. Johnston, President; John W. Bead, $M)0,000. ; Cashier. 3,588—Tbe Towson National Bank, Maryland. Cipltal, $50ja0J. John John l^rowtber. Jr., Cashier. J. Cockey. President 3,589—The First National Bank of Llndsliorif. Kansas. Capital, $50,000. B. F. Duncan, President; John A. Severson. Cashier. 3,^9 J- Tbe First National Bank of Ashland, Wisconsin. Capital, $}0,00<), ; Eilwin EUlis. President : Walter K. Sutherland, Cashier. — IKPOBTB AND EXPOBTB FOR THK Wbbk. The imports Of last week, compared with those of the preceding week, show an increase in both dry gixnls and general merchandise. The total imports were |9.493,871, against |8,400,207 the preseding week and 18,415,904 two weeks previotis. The exports for It B pe: cent debentures for £300,000, issued at 81 per cent. the week ended Nov. 16 amounted to $8,257,483, against The will be seen that the intending investor has a rather bewilder. 16,750,333 last week and $6,700,753 two weeks previous. lag oboioe. The fresh capital creations for the week, presum- following are the imports at Now York for the week ending 'ng that these companies go to allotment, is £3,37,0000. ;for dry goods) Nov. 11 and for the week ending (for general In the grain trade at Mark Lane there hos been no fresh merchandise) Nov. 13 also, totals since the beginning of the dsTaU^iment. Wheat has not lost its firmness. Sellers have Srst «eek in January: tiU the advantage, but they have not succeeded in scoring any rOBBIOX KPOBTS 4T «BW lOBB. further improvement. Notwithstanding the recent recovery, 1886 1885 1884 /tor Week. 1883. the average price for the season so far is less bj 3d. per q r. than it »l.r9J.604 • 1,292,392 «l.SI8.9b6 • 1,087,271 Orr Ooods was last year, and appirently we are a long way from Q«a'l ner'dise. 7,606,267 5.554,144 8.36i.754 4.91 1, 6S3 a •nbetantial rise. Had there been any real life in the •9,498,871 •6.847,140 Total •5,998,024 • 10,181,750 trade or any mclination to allow operations to exceed the Jlinee Jan. 1 • 109,084.765 • I0l.271,21t *88.053,61J »1 02,389,796 boonds of current requirements, we might reasonably have ex- Dry Uoods 76,635,459 Oeat mer'dlae.. 290.921.201 278.055,657 245.3t>9,(i69 paote d that the paat week would have witnessed a further disT (UU 45 weeks. •400.00^,966 •373.326,876 «i333,452,751 (379,025,255 tinct ha' deniog of values. The deliveries of home grown grain wen again short, and appreciably less than last year. In our report of the dry goods trade will be /ound the im Since the oommencement of the season the eales of home ports of dry goods for one week later. grown wheat have fallen short of last year by 136,000 qrs. At The following is a statement of the exports (exclusive ' the same time the aggregate importations of foreign wheat specie) from the port of New York to foreign ports for th e ; '.< and fiour liave declined fore, the some 223,000 cwts. Clearly, there markets have not been over-well supplied. week ending Nov. But hamper themselves with heavy appears that miny of them during the past season were heavy losers through buying rathor freely during the earlier months, and as prices subseqaeotly fell away they were •Itimely compelled to part with a large portion of their purchiaas at pricei mat' rially below what they paid for them. The following shows th? imports of cereal produce into tha United Kingdom during the first nini weeks of the 1888, 16, and from January 1, ISSQ, to date: axroBTs raoH asw tobk fob Tan wsak nillers are not inclined to tooka. la POSTS. I8H« 3e<:.89§ MM. 476.H49 4,676,901 nsarT. 2,98 1.6 M) BappUas available Baptamber 1): 746.370 4.894, 42 Z,C60.3i2 1884 4.1»ll,rt25 112,070 475,712 5,794.931 2,617,071 on 1884 1886. 062^77 11,091.488 1 1. 11.062^77 2,06o!lt2 •i.eci.-in •,475.808 8.433,':90 W,437,23J 1883. 13.263.947 2.647,071 8,792,900 19,376.644 21,556,109 33.151,518, 24,703.918 H8J. 1891. 1886. 188V week. Sr*. 3d. 31*. 4r1. 32«. 3(1. 40«. 3rl. Aver. prir« wheat Aver, price wbrat.... aeaauo. 30>. 190. 31«. Tha following shows the quantities maiae afloat to the United Kingdom. wtk. Id. of 3^8. 11<1. 408. I >(1 wheat, floor and year. 1884 qrs. 1.5(15.000 LoMt wetk. 1.963.000 1,409.000 '.aqoaltoqra 306.000 279.000 228.000 278.00O 1.52.000 1,575,000 145,000 202.000 $8,257,483 2u8,974,399 289,771, 3'J2 •285,333,788lt277,231,8a2 The following table shows the exports and imports of specie New York for the week ending Nov. 13. and since Jan. 1, 1886, and for the corresponding periods in 1885 and 1884: t.su 4.00.1,344 2,->76,»21 S.0Z4.228 332.811 «J2,057 3,82 \835 3,C63,S2l 282,«tJ5,7cl3 •6,131,04 < 278,90 1.84-> «t the port of iHPOars or apsuia aT saw Irnai Britain ^rmaiiy ........ .... *«»t Indies anetJan.1. 1,725 12,546.575 11,680,539 5,471,568 6,514,406 Vazloo r.tal 1886 Total 1885 Total 1884 «<rer. #re»t uncaln 'raooe. ....... ....... ierman,, 13.800 14,C00 Total 1886 Total 1885 Total 1884 614,748 687,553 Week. 9411,038 926,156 274,646; 12 172 5.780 2,315 aineeJim.1. »3,762.316 4,898,966 9,571,422 2.5R5.aifl 45,388 359,995 273,849 129.525 {37,415,390 n, 132,107 •21,497,247 17,650 6,694 90.' 1.794.135 11,253,876 6.000 37,958.086 2,60J,947 1?,166,742 •135,fiC0 •7,906,471 56 200 S73.077 46.250 e27.879 l.siOO ffest In-lleB .......... Huzloo... loatb Atnerloa 411 other enohtrle*. .. roaa. Imporu. Jbqwrtt. ir€«A. toalh Aiuerlcs V'l other ootiDtrtes... 1886. ^ 300,940,268 Total 45 weeks. f307,5i5.904 t3.2'ia.;)47 OfWhaat.«Wt. 9.914.126 2.94A.H50 lef loor torfeaiBe.(t<owB Prev. reported.. 1886 1885. «7,0^.\519 «fi.'.3>,036 1883 11,051.498 for coaio option (4iolu4ive of stocks • Tofal.. For the week... •XPOBri 1885. 11.062,477 8.990.718 2.43^,306 309,818 9.014,12a 4.704.688 3,017.154 18H4. 1883. It i",2'35 95,315 105,292 • iri3,435 t8.664,2i>4 1:<1,416 14,038,170 12,054,999 • 15.315 1,170 1.400 •17,885 21,798 77,665 •1,092 50,360 31.238 8,'>4,048 230,884 374,299 55,387 •1.697.808 1,680,754 109,000 Thit .qr*. Sll«k riaaaclal Tlw daUy closing [jfigt <Iark«(«— Per Oable. quotations for secunties, Ac., at London •ra raportad by cable as follows for the week ending Nov. 19: 194.500 3,V!75,908 Of the above imports for the week in 1886, $4,865 were Of limerican gold coin and $9,279 American silver coin. the exports during the same time $27,800 were American gold coin. THE CHRONICLR 598 United States Sub-Treasury.—The following table shows the receipts and payments at the Sub-Treasury in this city, as well as the balances in the same, for each day of the past week ; HAiOXVIL.EE & OHIO RAILROAD CO. FIRST MORTGAGE SIX PER CENT GOLD BONDS, " 15 16 17 18 19 Totkl .. " " •' Coin Coin. Cart't. 30.773,100 1.4.N7.357 1 ao2.2P6 125,337,429 512,576125,427.665 1,087,329 1,783.073 968.384 l,7i!8,209 1,724,443 I25„'>ii5,682 1,C61,«!)8, 125.671.3*5 2,19.5,31H[125.649,975 1.440.593 125,632.428 30,426,060 3^334,2.^0 29,095,370 29,274,350 8.617,919 8,937,224 30,6!>8,9!0 20,418,165 20,316.902 20.444,622 20,921,843 20,985,158 21,131,341 1 — Hexican National. The recent agreement executed Oct. 15 by Mr. Smithers as representative of Matheson & Co. of London, and by Gen. Palmer of the Mexican National, has now been ratified by all parties, including the bondholders. The road has 489 miles completed on the north end and 406 at the south, with a gap of 870 miles between, and when all is finished it will make a line of 1,340 miles, including branches. The present mortgage is to be foreclosed and then to provide money to complete the intervening gap of 370 miles between the northern and southern divisions, a new first mortgage at 5 per cent of about $9,000 per mile will be created over the ,iwhole property. This mortgage will sufflce to complete the jfap, enable the company to own its own equipment, and leave 11,000,000 in the treasury for future requirements. The present bonds will form the next charge upon the property at about 116,000 per mile (provision being made to increase it to $25,000 per mile, but only to redeem the prior bonds by the additional issne), and these bonds are to be divided into two classes, A and B, say of about $8,000 per mile each, bearing 6 per cent per annum interest, the interest upon the A bonds being cumulative and that upon the B bonds payable out of each year's income. The claims of the Mexican National Construction Company are to be settled by the creation of $7,000,000 6 per cent income bonds, ranking next after the mortgage bonds now in existence. The $83,000,000 of common stock will remain as it is, and will be admitted into the new — company from any assessment." Kiernan's on Thursday said "The American bondholders of the Mexican National Railway have made some slight modifications, principal of which are, first, the nomination of a purchasing committee, composed of Messrs. Albert Fink, Joseph D. Potts and Eckstein Norton second, the right on — (DI:E 1925.) Ourreney. INTEREST PAYABLE jrANVART $ S 933,567 Nov. 13 •• PaymenU. Reeeiplt. free We ofTer, the part of the railway company when reorganized to issue an additional $1,000,000 of prior bonds in case they should be needed over the $12,500,000 authorized in the original plan of the committee third, determining the subsidy pledged as security for the new priors at the fixed sum of $7,000,000." JULY. XhoHe boudM are a llrnt aud on'y .Tf orti;a:r*^ *>n tlie Knox& Olilo Uallroad <^oTnpan*'M pro|>friy,— a division of i^lio th« E»Hl TenDC«N«>e Vlri£liilH & (>cor«;iu Raliivay, by wlilGb It niakeH connecltoii for bufciiieNit wlfli 4;iiieliiiintl and Ijouixvillc, and over whlrli all the coal iiMed by the East Teniit'ssee Viri;Iiila A: Gcor^ila Nyxieiu, and xappiled to tbe territory tributary to Ul'trci hundred inlles o( Its line Tlie niuiu line of lire Kno.willIv & Omio Kaii.iio.vu is miles in length; extending from Kno.wiUc north to JeUioo, on tbe K.ntucky State Liue, where It connects with the Louisville & NashviU" Railroad for l/oulsville, and with the Kentucky Central for Cincinnati, forming tlie only line and the connecting ItnK between the Northwest and tlie cities of Louisville aud Cincinnati, aud the oommerciai centres of East Tennessee and i>oint8 South aud Eiist. Owin« to the mountainous region iraverscd, this line wag cteoedlngly expensive to build, and cannot be paralleled or its trade diverted except at an enormous outlay of money. The. road was built with tunnels anh-d with stone, iron bridges and stone abutments over the strcitms, and the grades brought down to less than sixtv-slxfeet, in order to Bc ommodate a large uaflic. Over three and one-half miUicms (*3,50O,00) were spent by the old company in its construct! m and equipment. It passes through "a country une.veelled for coal anl iron ore, wnlch is being rapidly developed to supply the demands South ami East, and owing to the superior quality of the co il will always furnish a large. Increasing and proUtable trattic. The mortgage to secure tlu' $2,000,000 of first mortgage six per cent bonds covers sl-xty-seven miles of main lin , all side tracks and coal branches to the minei now in operation. All the equipment owned by the company, which is ample for the shipment of a half million tons of coal per aiiniun; va.uabld real estate in Knoxville, used folntly by this oompanvand the East Tennessee Virginia & Georgia Railroad Company, aud valuable rual estate along its niunt paui. Bl.xty -seven ' linn n"Ce8.'ary for its operation. The Knoxville & Ohio Railroad is owned and operated by the East Tennessee Virginia & Georgia Railway Company, and is practically a part of Its system contrilmting a large and inereasiuic tonnage, which 18 transported by the latter to nearly all the unportant points In the Southern States. It is operated by the officers of the East T.mne5s?e Vlrgl'ila & Georgia Railway Company; the gross earnings reported and the prop jrtion of the interest du^ ou these bonds set apirt for that pirpose. ; Gross earnings for fiscal year ending Jane 9341,287 08 30, 1886 Operating expenses, taxes, betterments, etc.. iil8,996 87 licaving net revenue The gross and net earnings In excess of the No price —The card of Messrs. E. L. Oppenheim & Co. appears in to- $liJ2,il90 21 for the present fiscal year will be largely above. better security has been offered to Investors In this market at the named. These bonds are listed on the N. Y. Stock Price 102 1-2 flat. Exchange. GRISWOLD & GILLETT, Successors to Wayne Guiswoi.d, No. 2 WaU Street, New ; [See annexed letter of York. General Samuel Thomas, President E. T. V. & Ga. Railway.] East Tennessee Vibgima & Georgia Railway of No. 10 Wall Street, Samuel Thomas, Prcs't. day's Chronicle. This firm having already a large line customers and every facility for business, invites the attention of parties who have occasion to buy' or sell stocks and bonds. — Mr. New York. October Me. Wayne Griswold. 2 Wall Street, N.-w York. jtfv Dear Sir—Yoai favor of October 14. making Co., 1 S 16, 1386. J Inquiries about the William O. Allison, 73 William Street, has issued a First Mortgage six per cent gold bouds of the Knoxville Jt Ohio Railroad Company, is received. pocket pamphlet on American Cotton Oil Trusts, — Auction Sales. The following were sold at auction week by Messrs Adrian H. MuUer & Son, 13 Pine Street Shares. this Slmrea. 50 Chatham Nat. Bank 212 10 HoniB Life lue.Co.B'ljlyn,208'a 350 (Jitizeuh' Gas Light Co. of Brooklyn 63 50 Brooklyn Oas Llxht Co. 105k 25 N. Y. Mutual Gas Light. 107>4 88 Metropolitan Gas Llj;ht 5 Ger. Am. Fire Ins Co.. .290 10 Edison Co. for Isolated Lighting ("full paid) 100 Bonds. $5,000 Atchison & Pike's Peak (Central Branch U. P.) Ist 63 gold, due 1895 105 . Central Branch Union Paciflc Ist 78, g.. duo 1895. log's $5,000 Citizens' Gas Light Co. 50 of B'klyn 1st Ss. due 1905.. 102 J4 $3,0UO 81 Louis & Chicago Isl 20 Union Ferry Co., B'klyn.l46 6e,gold, due lal5 83 20 Niagara Fire Ins. Co 1(56 $3, '00 Nassau Gas Light Co. 30 Gennanla Bank 219 of Brooklyn 58 reg. certf. of 50 Meroanllle Trust Co 190 Indebtedness 10034 7 Mechanics' Nat. Bank. ..170 $3,000 Peoples' Gas Light Co. 3,056 Colorado Central Conof Brooklyn 7s. due 1897... 10 lis sol. Mining Co $2 55-60 $1,000 People's Gas LiehtCo. 11 Nat. BK. of the Republic. 133 « of Brooklyn tis, due 1900. .. 99^4 1 Clinton Hall Assoo'n 5 $3,000 Brooklyn City & New15 Third Av. RK. Co town RR. 1st 78, due 1890. .IOC's 240>a 80 Security Sate Deposit Co. $10,000 City of Buffalo 78.due of Boston 125 1915 157 & Int. 50 Third Av. RR. Co i.4,0 $10,000 City of Rochester 7s, 100 Irving Nat. Bank 141 due 1905 146^4 & int. 45Thiril Av. RR. Co 2iSH $5,000 City of Cleveland 6s, 25 Third Av. RR. Co 236 due 1896 1171,1 &lnt. Co. of Brookl.Tn 33 tc At Central Trust Co. (Trustee), New York. subteft to sale, a limited anioin of the above named bonds. : ; little XUn, 3|attMn0 antX l^iuaticlal. Balance*. DaU. [Vol. 7413 $3,', 00 Gas Light Co. of Rochester, N. Y 36 Buffalo Mutual Gas L't Co. of Buffalo, N. Y 93 Citizens' . JauMttg and IftuaactaX. The Knojville & Ohio Railroad is the line by which thn East Tennessee & Georgia RR. makes couneotion with LiuUvilie and CinciauaiTat Jelllco, near the State line. It Is of vit:il Imp rtanee to our system iu giving us tbe control of the business from no/chorn cities to ast Tennessee and points further south. Tne road was built through the moun.ain ranges at great cost, and while Ic Is only seventy miles In length, about four million doUiirs was expended by the city of KuoxvlUe, the counties through which it passes, and the present company, in its oi'US ruction. It cannot be paralleled and occupies a commanding position for future growth, passing through and being the onlv line reaclilng the large and well-known Coal Creek coal field irom wuicli all tlie coal used by the East Tennessee Virginia & tieorgia lines and by the people living n the seitiions re whcd by its traflic, must come. This traffic alone gives It a sufficient revenue to insure the payment of the Imerest on the bonds; but in addition to this the Knoxville & Ohio Company owns valuable real estate In the Oit.v of Knoxville, a number of miles of coal brnnches, aud equipment with which to do Its buniucss, all covered by this mortgage. Virginia Tennessee Virginia & Ceorgia Railway Comto nave 111 s property pass beyond Its control, IT it< earnings we e not sunicie I tu meet Ita llxed cliargcN. Its cntraiioc to Knoxville, a city of twentyfive thousand Inliabitaiit* and the bu-ioess C''nt-e oTEasI Tennessee, is s«> valuable that tlie road woulii be ewgerly nought lor by the I.,uiilsville Sc N shTllle or the Clncinuatl Southern railroad companies, to gain access t'> tlic large business it controls. For this reason tlirce-fjurtiis of its <'apit.il Stoca w«s purohasod by the Ea«t TeuneKSCc Virginia &: Oeorgia Company several years ago, aud its management controlled by that company. Ilie properly is able to earn tlie interest upon its Plrst inortg~gc Bonds from its net revenue, and lias done so for tlie past two years, and from this jear on must siiow a large surplus wliicli will go to the credit of Its owners, but if this was not the case tile position of tlic road aim its cost is such tliat tlie Inlercst must bc furiii-lie by its oniiera. Tlie East pany could not allord ' These bonds are carried by the East Tennessee V.rg ui.iiS Georgia Company as an indelitedneas on which intep st must, e paid, along wilh Its 1 United States Government and other desirable SECURITIES & IV T E TORS. All stocks and bonds listed on the New York Stock sold on oommission lor cash. Deposit accounts received and Interest allowed on nbjeot to draft at sight. and HARVEY FISK 28 Nassau Steekt, you inquire is a clear lirst mortbond about upon all the Knoxville Jc 4>Iilo property, free complications, and legally executed, ana is in from any safe Investment my opinion a perfectly will give them nofor parties who trouble and ou uant a security tvliicli whicli tliey will always receive their interest without wlitcii 'ihe FOB I uU'leriying divi.sional liouds.and is 60 stated in its icports. TUe earnings of the property are included in the reports of the gross earnings of the (ieortia Railway, nnil the Hlfai s of the ComEast Tennes.-ee Virginia p.iny managed as a part of the system of whi ^h I {tin Pr. siilcur. & New Exchange bought monthly balanoef SONS, York, gage bi>iid delay. Very truly yours, SAM'L THOMAS. (Signed) ry The Va <t Ou. Ktiilway Co. Ge'rg a Railway Coi'ipany have Prrs. E. Tenii. East Tennessee Virginia Ac lust refused par from two hyiidliates for i(17oo,000of ihe $l,100,OtO Ohio Road, and would not name a Caiiital Stock of the Knoxville & iiice at which they would soil. XOVKXBKR THE CHRONICLE. 20, 1886.) Notember She Saukcrs'jSaiette. Prlmebankers'sterllng DITIDBNOS. I following dlrldendu have reoently b«en umoanoad: OtiU. Payablt. Book* Oloteti, (Day$ in<!<tt«itie.) Railroads. A Qulacy CMBWtM*. vnt DaUware A Bound Bm*( ((inar. Iowa Full* A BInnx Cttr (iioiir.).. Mlacellaneo us. 3>* l"* Deo. 15 Not. 24 to Sov. 18 Nov. le Nov.'i'i'tb" Dec. 3 Aaierieaa Kzi>r«M 3 \ 2 2 Bremen 4 8S 5 2568».l 5 23i8»5 22ia 4 80i4«4 Si \ 4 ^•^^9^ so ..... (grnllderB) FYanlrfort or 85i< 4 81ia94 82 2.5 39^o39i3]g 94'«<;9408 (relchmarfcg) a4 39i5ie»40 94''ea95 Coins.—The foDowing are quotations in gold for various coins SP^e* par. $4 83 •$4 85 Silver >48 and iss Nov. 30 Sovereigns P3 « — 94>s Plve francs 3 S5 • 3 90 NapoleOBS Jan. CblcaKO Burl. on London, ................ Parle ((ranos) ^materdam mum Dtmand. Sixty Dayt. 19. bills Prime oommerolal Dooamentaryoommerolal. Per Kmm* of Omtpony. 599 I X ± Relchmarkg. X Guilders , 3 Deo. 11 to Jan. 3 dem. Not. 7 to « 9 4 74 3 96 Span'hDoabloons.lS 55 Met. Doubloons. .19 55 4 76 4 00 «15 65 »15 65 oar If^ prem Mexican dollars. — 80 a — 81 Do uuoommero'l.— 19H9 — 80^4 . — 74^» — Peruvian sola Bngllsli silver .... 4 79 so U. 8. trade dollars « 78>a 4 84 « 81 Fine gold bars. Mew York * Teiaa land On 8 —102 ai02!(i 0.a.sUTerdoUaTB— 98%« 100 Fine silver bars DlmesA >a dimes. — 99><» par. WALL, MTKKKT. FRIDAY. NoTember 19, 18»i«-5 P. n. United States Bonds. — Government bonds continue to be The Money Market and Financial Sitaation.—The week has been a favorable one in commercial and fiQancial lightly dealt in, and the market is still very dull. Prices have been variable, especially for the 43, which were quoted one per circles, excepting that the heavy storm in the West has done cent lower than last week at one time, but subsequently recovconsiderable damajje and will hasten the close of inland navigation. The great feature at the Stoclc Exchange is ered most of the decline. The closing prices at the N. T. Board have been as follows the unbounded • Inteml Nov. — confidence in properties that have never earned dividends or, in other words, the readiness to buy at advancing prices the •took* of railroad companies that have scarcely been able, for years past, to pay their interest obligations, or have actually been sold out and reorganized. This indicates a buoyant speculative spirit as dibtinguished from an investment demand or even a conservative speculation based on an estimate of stock Talnea. Periodt. 4's8, 4188.1907 1891 1»91 4«, 48. 3g, 68. 68, 68, 68, 6«. * In ordinary time», stocks are usually bought on a careful (tady of the past history of the respective companies, their acmings, income, dividends, etc. But when a period of extra- 1907 option U. 8. Nov. Nov. .You. 15. 16. 17 1». 110 ...reK.Q.-Mar. -ins's •log's . . A * rius la the pnoe bid at J. -13314 •I3:i38'133i.i'133i» J.-13» tlie Not 19. •10»l8 •1095s log^^ .coup Q-Mar.I'lll rec Q.-Jan. |M27''g I2«ifl' 127 58 -127 conp.Q.-Jan. '.28 |*l27-'8 *127«sl \i7 ..re)t. Q.-Feo. :'100>4 -10014 MOOVu'lOO as ..rcg.J. 4 J. •125i» '12.V8*l25Ta-l25''8 •128i«*12S'» I'.iSSi ..rejf.J. A J. -128 •131 1*131 1*131 ..reg.J. A J *131 '95. '96 '97. '98. ..reK.J. cnr'c-T. '»9. .rei-'.J. our'oy, cur'cy, cur'cy, cur'cy, Nov. 13. : •110% 127% 127 « 1271a •127S8 «100% •100 Ss •1251a *125is •1261a •1271a *128ii •131 •134 •133 'a •135^ •ISS's was made. •is.s^ -isft^l'ias^ morning board : no lale — Stale and Railroad Bonds. State bonds have had only a moderate business aud prices have not changed to any appreThe most active have been the Virginia ciable extent. or£aary confidence in railroad properties comes around, once deferred bonds, but even in these the business has been moderate, the closing price being 13J. ia a decade or oftener, the past counts for little, and the possiRailroad bonds have been conspicuous in the Stock Exchange of unlimited dividends in the future is easily talked up. tmnsactions during the pist week, the business being large Ullty The jneaent time seems to beoneof these periods of confidence, and well distributed over the list. Many of the lower-priced and It will be observed that the estimate of values put upon and usually inactive bonds have been brought into prom many stocks is based largely upon the assumption that they ctin inence, including several classes of income bonds. The tone do vastly better in the future than they have ever done iit the of the market has been decidedly strong, and most bonds have p-t improved in price more or less, the advance in some cases The open market rates for call loans during the week on being quite marked. Among the leading specialties have lock and bond collaterals have ranged from 3 to 7 per cent, been Columbus Hocking Valley & Toledo 5s, Fort Worth the usual rate to su>ck brokers being 5@6 per cent ; to-day the & Denver Ists, Virginia Midland incomes, Shenandoah Valley rates were 6(S0 percent. Prime commercial paper is quoted bonds and Atlantic & Pacific incomes. Tha last-named have at 540<Si pf r cent. been very active and advanced quite sharply on the proposition The Bank of England weekly statement on Thursday showed to scale down the interest on A. & P. Itts, the lower rate to be a gain in specie of £102,000, and the percentage of reserve to guaranteed by the Atchison and San Francispo companies. liabiiitiea was 43 7-10, against 40 516 last week; thediscount M. E. & T. bonds have also improved. rate remains unchanged at 4 per cent. The Bank of France Railroad and Mlscellaaeoiu Stocks.—The stock market loat 1,850,000 franca in gold and gained 4,575,000 francs in continues to exhibit a decidedly firm tone, and while there has ilrer. The New York Clearing House banks, Movember 13, showed an increaae in in their statement of surplus reserve of fS,258,450,the total surplus being $7,891, 850,against $5,832,000 the pnvious week. Toe following table shows the changes from the previous week aad a comparison with the two preceding years in the •engea of the riew York Clearing House banks: ISM A-o*. 13. Dtlfiur'neeM/r'n Wtd, 1884. Nov. 15. dla.^MI.Qia.AOO 78.00%.30U teoelts.. BltndMB. a bald. S.I16.I00 B5l.7itf.400 17.816.000 •87,aS9.890 »5,dSl.J00 been no general advance the past week, prices have been strong as a rule, and a number of stocks have improved to a greater or The activity and wide fluctuations of certain less extent. specialties (which would formerly have been called •' fancies"), continue to be a marked feature in the dealings, and many of them, especially the Southern stocks, have made further progThe booming of these certainly ress in an upward direction. has a considerable influence on the general market, but aside from this influence the tone is good and the tendency in the direction of higher prices. The influences which may be said to have a general application have been the settlement of the Chicago stnke, the resumption of active foreign buyinsr, and the reported increase of activity in the coal and iron business. The most conspicuous of the special features has been Reading, various rumors and reports being circulated in regard to the revised plan of reorganization, under which the price advanced sharply. Another report stated that a conference Tjei .3501 Inf. «2.^^^^.4»0 tt«.495.1S0| $37,474..% hadJieeD-iieUl between Reading representatives on one side CxeliaBce.— Sterhng exchange has been only moderately and Baltimore & Ohio and Pennsylvania on the other, looking active and generally without feature. Rate* liave been quite to an amicable arrangement for freight and other traflic. The film, the actual rates being close to the asking rates at lune.s, other coal stocks were affected somewhat in sympathy and have tliough the latter were advanced i cent by some drawers early been generally firm. in the week, the quotations being 4 811-82 and 4 85-^. The The Southern stocks continue to advance, and some of them anivals ofjguld here are still a feature, and shipments continue have been very actively dealt in. Richmond Terminal has from the uttier side; this week some $1,000,000 have been been the leading one, and the other strong stocks of this class received. To-day the ratea on actiul busineaa were a* follows, viz. Bankers' 00 days' steriing, 4 81i®481i ; demand, 4 84i@4 85. Okbles, 4 e<H®4 851. Commercial bills were 4 70^(34 79}. Conttnental bill* were: Franca. 5 24|®5 25and 5 21i®5 2^^; 95(^951: iruilders, 30i@40 and rdcbmarks, Hi<&9ii and 4UiO40i. have been Louisville & Nashville, Memphis & Charleston, Nashville & Chattanooga, Louisville & New Albany and NorThe grangers have folk & Western common and preferred. been generally strong;, especially Omaha, which has also been the most active. The Vanderbilts ros* to some prominence late in the week, and advanced on favorable rumors about current earnings and probable dividends to be declared iu Decem- The following were the ratea of domestic exchange on New ber. Tirk at the under-mentinncd cities to-day: Savannah, buying To-day, Friday, there was a phenomenal activity in Richf discount, selling i discount; Charleston, buying i dis- mond & West Point Terminal, which rose to 05 on immense eeont, selling t>ar; N-jw Orleans, comuierrial, 125®150c. di.s- sales and closed at the highest figure; the com|)any was reported to have purchased more than enough of Richmond & emint, bank, 7V-. discount; St. Louit, 50c. @75c. aiscount The rest of the marD.inville stock to control that company. Chicago, 40c. di«c<)unt. The iBtea of leading bankers are a* follows : ket was tolerably active and strong. THE CHRONICLE. 600 PRICES OF STOCKS AT N. Y. STOCK EXCHANGE FOR WEEK ENDING MOV. 19 AND SINCE JAN , HIGHEST AND LOWEST PRICES 8TOOKB. Monday, Batnrday. Nov. 13. Active RR. Stocks. Canadian Pacltlo......>>>-*>*> CiuiH(la6<>iithoni...........--< Central of New Jersey Central Paoitto ....... ChAAaneakfl ^feOhio iBtpref... Do 2dpref.... Do Ohloftgo A Alton... Chicago BurUnirton & Qulncy Chicago Milwaukee & Bt. Paul. 70 Nov. 15. 70 4714 lOia 191a 121s Do pref. Do Do Ist pref. 2d pref. 3II4 3112 86% . * West'n Lake Erie A We.st.. as.n't iraid. Lake Shore & Mich, eouliiern. Long Island Louisville & Nashville Louis. New Alb. & Chicago... 96 59 671* 95^8 •5714 & West Do UlnneapoUs & St. Louis Do pref. ^ pref. Mlssonri Kansas Missouri Paoltlo di Texas 1278 •12 Ho" 13 1314 142 I314 Nov. 19. 18. 70% 70% 641* 5279 •471* 05% 2514 11% 3178 88 3178 '85 25I2 25 1979 •12 13 142 11% 11 91 22 481a 3579 35 37 135 96 6OI4 6778 166 5212 9578 *96 5979 35 97 61% 67% 69% 163 52 1651a 531a " •sfii'bg 9018 92 59 91 22 481a 36% •2114 481a 36 21% 481a 361a 96I4 6178 69 87 25 12 32% 36% 134% 17% 17 96% 96% 62% 69I4 163% 165 53 96 3214 "2'5H "2'5ii 12 1214 5314 96 "1714 "17'% 16% 16%' 96I4 96%1 96% 61% 62% 96 6978 6979 I21I4 36% 37 133% 133% Lowest 3,060 61 Feb. 17 37,855 34% May 4 33,160 421* Jan. 18 450 38 Mar. 24 750 7 5,187 13 435 142 116 127% 15 35% 50 116% 75% 45 142 34% 1379 76 32% 86% 25% 3s% 12 96% 97 02% 6214 6278 15 May Jan. 70 70% 163% 164% 37% 60% 70 961* 59 93 .59 92% 9679 61 95 80 64 50% IQI.. 400 22 J.in. ii7i4 20 100 Jan. 28 18 50i4Jan. 2314 23% 2379 I6I4 Mar. 23% 23 51% 50 50% 5078 51 14 40% Mar. 37% 3678 37% 36% 37% 21 May 116% 116 II6I4' 1161*116% 100% Mar. 20%! 197s 20 19% 197e 2,943! 11 May 89 88% 89% 87% 89 36.759 43I4 Apr. northern Pacttto Do pref..-. Ohio A Mississippi Ohio Southern Oregon A Trans-Continental Peoria Decatur A Evanavllle. Philadelphia A Reading . 81a 878 8% 2458 24 21 21% 50% 29% 2II4 50 29I8 6378 30 20I2 36I4 6414 30% 2012 36% 32% 3314 36% 37 914 241a 21% 50% 5078 29 64 29 14 5078 2914 641a pref 1st pref Bt.PaulADuluth Do 641a Bt. Paul Mlnneap. A Manitoba. Southern PaciHcCo Texas A PaciUc, trust cert... DnlonPaclHo Wab. St.L AP.,P.Com.ropts. Do pref. 'sf 22 6OI4 2II4 38 iniBcellaneoUB Stocks. Colorado Coal A Iron Consolidated Gas Co 217g 5178 29% 64% 65 30% 31% 51% 3618 8576 1061a "ss^ "5'2% 6413 371^ 6314 6414 6378 64% 63% 22% '21% "2214 60% 60% 60% 21% 21% 21% 38% 38I4 38% 36 36% 37 86I4 86% 87 10678 106 106% 3918 37% 38% 3714 21% 60% 21 38I4 36% 36% Dnlted States... Wells, Fargo A Co "si'ii 878 63781 29 64% 33 34% 2014 20 14 36% 37% 3278 33% 39 3973 13% 13% "'49'% 62% Builalo Koih. A 11 Pittsburg.... Cedar Falls A Minnesota Central Iowa Charlotte Col. A Aug Cincinnati Wash. A Baltim're. Do pref. Greenville, pref.. A Co A Essex Columbia New York Lack. A Western Oregon 8hoi*t Line 15 6i8 10 11% 3OI4 15 43% 44 •579 6% 10 48 141 108 64 "54 87 88 10 48 Virginia Midland Cameron Coal HomesTake Mining Maryland Coal Co Central Coal Tennessee Coal A Iron 1078 •30 '16% •22 la 34% pref. 571a 24 "ss" 5712 18 42 26 18 18 171a 17% 40 241a l-7ia 89% 11 32 17 107a >30 1178 32 16% 16% 24 24! 31 36% 103% 142%142% 34 34 2476 14 36 14 15 35 59 15 24% 34%l 14% 14%; 36 17% 92% 93% 36% 85% 107 40 107% 5479 129% 125% 127% I4314 143% 78% 32 78% 79 141 110 64 131 n28 12% 13% 2978 30% 17 14 'lOR^ 107 2579 •1714 714 17% 2414 27 18"' 17% 17% 17% 18% 62 17% 17% 94 96% 1779 93 no sale w^as madu at the Board. 18%! 96 m 143 10514106% ...„. ...„. 7% *37 37 01% 62%! .61 411* 41%l 40 26% 27% 26 40% 44% 18 1779 1778 54% 5478 1278 37 1778 ; 12 •30 •15 Feb. 1 25 25! 25; Nov. 19 Oct. '-"r«'ki 24% 39 62 43 26U "I'n" "13% "ia'h! •37 38 62 43 62% 47 25% 27% •'I's" "19" 18% 20% 1914 95 95% 96% 9614 2014 16 Nov. 19 Nov 3 June 10 2379 Nov. 19 51% Jan. 3778 Oct. 9% 4 6 14 Nov. 11 Nov. 18 8cpt. 20 Oct. 18 Oct. 18 Sept. 24 Sept. 24 Oct. 5 Sept. 29 Nov. 16 Oct. 25% Nov. 18 22 M Nov. 19 3-2% Nov. 19 29% Jul v 27 3 34% Nov. 19 /2^ Nov. 4 24 24 24i 5i 3 Mar. 1 1 Jan. 18 May 37% May 97 May 37 Jan. 304 99% Jan. 18. 4 27 27I4 Sept. 25 17 Nov. 95 5 3 65 Nov. 16 37 34 Nov. 17 34% Nov. 19 40% Nov. 17 1514N0V. 15 200 Nov. 15 61 Nov. 19 88 Nov. 19 36% Nov. 16 72% Nov. 15 51118% Nov. 13 Aor. 12 June 16 936 106% Jan. 19 124% Oct. 14 l,245l 30 * Mar. 17 41% Apr. 24 34,195! 17i4 0ct. 1 23% Oct. 16 49,115 44i4Mar. 241 63% Oct. o10,270 12 May 14 2179 Sept. 20 25,557 23% May 20 38%Sepi.20 21 May 747. 18 67 26!114 .Tiiiie 4 37 Nov. 13 3 111 Feb. 8 18!l08%Feb. 13 4,331 16 June 8' 40 Nov. 10 7,490 93 May 4 109 79 Sept. 14 Feb. 23 67 Jan. 2 7,394! 49 33,194! 10278 Oct. 14 130% Nov. 17 845,128 May 3il47%Oct. 14 69,514 60% June 9 79% Oct. 30 12,827 4,775 4,695' 87i4Jan. 5 138 Aug. 21 150 519 101% Jan. 28111 101! 51 May 15 66 50 119 Mar. 26ll30 50,850 331 5.50 Feb. 12 Aug. 10 Feb. 26 June 22 7 May 4 13% Nov. 22% Sept. 23 30% Nov. 11 Feb. 13 19% July 13 Mar. 24 22% Jan. 19 11 29 5 15 18 19 10 19 June 18 Jime 1 " 142 34 7 18 36 85% 85% 106% 106% 38 38% 108 107% 619 16,296 7,475 2,280 2,540 I514 24% 26I4 88 3579 36 7II4 71% 711* II714 117 11714 6314 62% 63% 131 6 a June 21 Nov. 1» 1579 1579 15% 15% 1,677 300 30 Jan. 29 44 Nov. 6' '"6% "'6% '"6% "6% "'6% "6% 2%JunelO| 6% Oct. 7,350 5 July 21 12 Nov. 10% 10 20.680 10% 10% IH4 11% 12 42 Feb. 25' 55 Nov. 50 200i 107% 112% iii i'lsio i'l'fi Vdi" 125% 125% 2,3iu!l05 Nov. 12 125% Nov. 14% 2478 36 57% 59 42% 45 '65' 226,950 36% i "e 10 50 105 ""6% 34 7 25% 9012 These are the pr ces bid and asked 6% ' •138 141 •137 IO714 10714*107 *60 •61 63 128 16,841 636 75 "5'3" 111 24- *"5i^"'6ii pref Do * 4278 .. South Carolina Toledo A Ohio Central New 15 4278 6 10 1078 3014 •16% 17 17 15 i42" i42' 142 Qul&sllver Mining Co Do 11 3OI3 ids" ids' Jollet 8t«ei Morris 3OI3 *16i3 9% 25% 12,054 17% Jan. 21% 22% 17,920 8 Mar. 51 52% 48.830 25 Jan. 29 291* 5,127 22 May 641* 64% 24,175 53% Mar. 3378 34% 47.605 19% May 20% 21% 1,375 13% Mar. 36% 3714 57,920 25 Mar. 3379 34% 10,811 16 Mar. 3914 40%529,275 18% Feb. 13% 13% 9,350 2 May 25 2914 6478 Inactive Stocks. AtlanticA Pacific 9% 9% 24% 25% 20% 21% 50% 51% 36 36% 35% 85% 85% 851a 106% 10678! 166I4 36% 37% 3714 107% 108% 107% 5479 55 54% 124% 130% 127% 143% 143% 77% 78%i 7778 •140 143 141 141 '138 141 1091a IO913 107 107% 107 108% 107 6II2 •61 64 61 62% 62% •61 •127 130 129% 130 •128 130 American 9% •110 111 111% 111% 119 119 .1 II8I4 II879 37% 37% '37% 37%i •36% 37%' 37 2178' 2178 22%! 21% 22%' 22% 23 6178 617a 62%1 62% ti2l« 61% 62% 2II4 2II4 20% 20% 21 20% 21 38% 37% 38 38% 38% 38% 38 llOiallOia IIII4IIII4 111 118% 118% 11878 119 86 86% IO6I4 106% Delaware A Hudson Canal... Oregon Iiuproveuieut Co 38 13 37 37% Oregon Railway A Nav. Co... 107% 108 107 107% 107% 108% PaciUcMall 54% 55I8 54% 55% 54% 5478 Philadelphia Co., Nat. Gas ... II6I4 II914 Xll8%120% 120% 124% Pullman Palace Car Co 14378 144 143% 143% 14414 I4414 78I3 79 Western Union Telegiaph.... 78 78% 78% 7878 Express Stocks. Adams 379 24% 20% 211* 50% 51% 29% 29% 64% 65 3178 32% 20% 20% 3678 37% 32% 33 39% 40% 13% 14% 24 •86 88 87 87 87 3514 36% 36% 36%| 36 7II3 72% 72 71% 7178 7II4 71%! 7II4 701a 116 118i« 117 1171a 117% 117% 117 117 ;* "llOialll pref 9% 24% 30% 31 20% 20% •20% 21 35% 3612 3614 37% 33 14 33% 33% 33 3678 37% 37% 39% 14 I514 14% 1478 11 '8 1378 Richmond A Alleg., receipts.. Biohiuond A Danville... 175 181 200 200 ... Rlohm'd & West P'ntTerminai 49 50% 5178 501a 86 Rome Watertown A Ogdensb'g 88 88 86 Bt.J.iOUls A San Francisco 35% 3512 341a 3512 Do Do 914 2414 22 Q 71% June 3 . 24 Ian 2878 Jan. 5 2214 Oct. 19 116 116 11638 11578 116% II6I4II7 24 119 Mobile* Ohio 21 21% 21% 21 14 20% 2II4 20 22 21% 86I4 Nashv.Chattanooga&St. Louis 83 85 86 87% 87% 85 29 89% New York Central & Uudson. 1131*11378 II3I4II312 113% 113% 113% 113% 113% 113% 113% 11378 3,869 98% May 4114% 15% 15% 15% 15% 15% 15% 11,743 4% Mar. 24! 17% 14% 15 14% 15% I514 16 »ew York Chlo. A St. Louis. 2714 27% Do pref. 27% 29% 29 29% 28% 29% 29% 2914 22.615 11 May 41 31 271a 27% Sew York LakeErie & West'n. 3568 35% 35% 35% 35% 36% 35% 36% 3578 36% 36% 37 80.840 22% May 3| 37% 76 14 76% 76 761* 76 Do pref76 76% 76% 76% 781* 78 78% 4,619 50% Jan. 18' 81% 621* 63% 6214 64% 621* 63% Kew York & New England .... 60% 62% 5978 64 62% 63% 115,435 30% Mar. 24! OS % 201* 201* Hew York Ontario & Western. •19 20% 19ia 191a 19% 2014 20 20 20% 20% 1,713 15 May 3 22% Hew York Susq. & Western. .. Do pref. HorfolkA Western Do pref 18 24 29 21% Jan. 90,055! 33% May 3 627g 3,330! 32 Mar. 25 70% 12,513! 120 Jan. 2 175 33,000! 29 May 19 60% 10,402 fil In Mn.v 4 97 9,304 15,670 13,480 64,095 11,055 Sept. Sept. Ti'i jr^ia pai, 600 67% Jan. 4,620! 8 1,1^01 25 3.030 Oct. 6679 Nov. 19 r»^.t 6,6051 211* May 8,099| 11 Oct. 67 Sipt. 28 Sept. 13,133 23,954 151^1" 73 Mar. May Mar May Mav MaV l,8.->0 914 Mar. 3,485 26% Mar. 62,955 35 14 .Mar. 6,900 97 -Mar. 12,420 43%Mar. 68,958 267g May 124,260!ll5 Jan. 460 97 *38 9178 1886. 6 11! i5iiFeb. 13 17 146 " Aug. 11 15 1401* Nov. » 4 99 Sept. 20 3 12.'i3. s<.i)t. 20 4 120% Nov. 19 18 144 Aug. 9 14,131 Feb. 17 24! ISMJan. 5 24 36% Aug. 7 24 .55 Nov. 19 24 116% Nov. 19 24i 75% Nov. 19 3| 45 Nov. 19 19,143% Oct. 18 4 35 Sept. 30 9 14 Nov. 16 17 77% Nov. 17 17 32% Nov. 17 29 91% Sept. 15 4 25% Feo. I 16 13% Aue. 20 23! 38% Nov. 19 735 135 Jan. 487 120% May 1,762 fi Apr. 301 8% Mav 37il38 1,704 128% 79,653 82% 2.6'20 Mav 18 •96 611* 6979 1, Highest. "17% "17% 1,848 12 July 17, 16% 16% 1514 15% 11,375 I414 Nov. 15 96% 9714 9678 9714 46,585 76% May 3 •17 1886. 1, Range since Jan. 120% 158,730 104 14 37 1178 164% 163% 164 52% 54 54 58 95 96 95% 97 59 92 95% 32% 86% 25% 11% 163 58% 68% •57% 91I4 9178 91% 21% 2214 2214 49% 48% 49 36% 36% 30% 13 I4OI4 1401* 32% 32% 86% 86% 25 25% 1178 20 144 144 lio" 139% 139% 139% 140 32% 6678 53% 47% 10% 10% j 311a *85 251s •11 70% 5276 •47 14 19% 19% *12 Shares. 6979 66 53% 47% 10 10 Week, 9478 95% 95% 96% 95 12078 12078 121 12114 121 36% 134% 134% 134% 17% 17% 17% 17% 17% I414 151a 15% 151a 18 9618 96% 96 96% 96I4 Manhattan Elevated.consol.. 163 Meniplils Jc Charleston 52 ftllohlgan Central Mil. Lake Shore 1278 Nov. Friday, 95%; 94% 95% 95% 121 120% 121 121 118% 119% 119% 120% 119% I2014 119% 120%' I2OI4 141% 141% 14178 142 143% 143% 142 142 1*141% •12612 1271a 127 127% I2714 I27I4 127 127 127% 14 14% 14% 14% I414 I414 14% 14781 1478 33 13 3378 337g 3414 33% 34 34 35% 35 52% 53% 53% 54% 5278 54 52% 54% 5378 113^114 114 II4I3 114% 115% 115 116 116 116 116 7278 73I4 72 73 73 73 73 72 73 74 74 4OI3 4118 40% 41% 40% 41% 40% 42I4 41% 43% 43 140 14118 139% 140% 14^14 141% 140% 141% 140% 141% I4114 33 3413 33% 34% 33% 34 33% 33% 33I4 331a 34 '4 I3I3 13% 1379 14 13% 137e 1378 14 13% 1379 13% '^'^'0 7478 75's 75 77 76 76% 75% 747s 7514 ZS 94'8 EransvlUe & Terre Haute.... 86% 2518 Fort Worth & Denver City . . 11 Green Bay Wluona A St. Paul. 37 HoDSton Jc Texas Central 135 minols Central Indiana Blooiulngt'n 10 19 139% i393i i4d" i4d" 95 la 121 prei. 121 Do 118iall9>4 Chicago di North western pref. *14I 142 Do Chicago Rook Island Si Paoltlc. 127 14 127I4 Pittsburg. •14 Chicago St. Louis A. 14«t 33 14 33 pref. Do .52 la 53% Chicago St. Paul Hlnii. & Om. ClevelandCol.Cln.&Indlanap. eoluinliUB IlockiUf! Val. ATol. Delaware I-iackawiiun a A West Denver& RloG.. aasessni't pd East Tennessee Va. & Ga. K'y. Nov. 17. 70% 70% 70% 70% 64% 65 64% 65 5278 5414 52% 54 •47 47% *47% 47% *10 10 10 10% 10 19% 19% 19% 19% 20 6476 Sales . of the Wednuday,! Thursday, 70% 65 52% 53 47% 4714 70 65 52 14 5316 6478 4714 *10 18'8 1213 Tuesday, Nov. 16. XLin. [Vol. 9 144 260 100% Jan. 20 109 Oct. 9 300 19% May 8 38 600 4% June 21 8 Jan. 6 20 May 17; 29 July 161,720, 310 10%Juue24l 16% Nov. 1 510 26 Oct. 10 37 Nov. 17 543j 13214 Jan. 40i4Oct. 15 Mar. 9 Jan. 400 17 Mar. 978 Apr. 990 13,110 9 May 8,058 38 Mar. 1,783 7,632 23,232 15 62% 25 47 13 13 27% Nov. IT 4 25 2OI4 Nov. 19 23 20 20 Nov. IT Nov. 19 Jan. 6 Nov. 10 96% Nov. 16 November TBE CHRONICLF. 20. 188Q.] PRICES OF ACTIVE BONDS AT N. Y. STOOK EXCHANGE ON FRIDAY, AND RANGE SINCE JANUARY {Range Since Jan. Olo$i»0. Sange CloHni. 1, '86. ' LowesL Highest. A'or. 12 19 A'or. Lowest, Highest. j AU.*P«c., W. D.— lBt,6«, 1910 86 SB's U. 30% 28M W. D. Inc.. 6«. 1910 BurL a Rap. * N. lat. \ ,'8. 1906 108!% tT,5«, 1934.... ItU"* I 82 20H 108'ab.!l07 90 Mar. Mar. illl 103 112 I | ' 122 119 Aug. Jan. Oit. May 1261* Sfpt. 100 109 i Apr June 100% July 94 Feb. 97^ Nov. 115>aHay 121 124 115 1 Feb. Oi>t. Nov. 85% July e3>t July 89 Mar. I ' , 72 May 83 b. 83 b., 72 May 96 b 95 b.l 59 Feb. 97% N.iv. Luid grant 8>ta. 1911 20 Feb. 48 b 48 49 Oct. iBcoan 7s. 19.!l 42 lab. 12 Aug. 431s Nov. B.lVn.V.*(ia.-lst, 7s, 1900... 131 >ab. 118>aJaD. 126 June 07T„ B.T8n.V.A(i. By.-Coo..5». '.•»« OTit 9418 Sept 98 Nov. BUb. Lex. a B. Ssodr-t's, 1902. 104 b 108%a. 99 Jan. 110 Aug. 132 b. 129 Jao. 139>sJnly Erie— IsL eooaol. gold, 7s. 1920 131 Long Dock. Ts, 1893 117 b 114 Mar. 120 Apr. Oon. fle. »9S.S 114JsApr. 1124 July 1... __ JfV- r -.• 76Tgjan. 103% Sept. 102Te ..n.6s, ex 0.102 . 75'«b.i 761.1.., . I 19*t9 ritut. »*>t 6«.'21 117 .>na. 110 a«, 1023. A Pete Marq.-Os. 1920 77%Feh. 96% Mar. llSieb. lll>«Jan. l'.20isJnne t b. b. 110 b. llHiab. .. 103 116 81 Jan. '112% Nov. Jan. [122% Aug. Jan. 95isN.)T. rv W. ADenr. C— l*t.6a. 1921 OS 94% OaLHar.A 8ao.Ant.-l*t, es.-lu 108>tb. 106 b.;107 Sept. 1U8 Jan. 3dM..7«.190J 113 b.| Wmrt. mrl'lnn— Ist. fts, 1931 I0> b. 92 Jan 80 Jan. Or't i--lst,as,l»ll. 88 b.l 80 Jan. J.I S64h 911 34% Feb, T.iD. 116% Jan. Oolt I'oi. A H Fe— lst,7s. 1909 86% Jan. OohLOa. 1933 Hsn. * «. Jn. Cnniinl Rn. 1911 b.ll9%Jan. r nn].!. '4 108% Apr. I . I 116 94 42% 103 97 8e t. July 114% Aug. 108% July 105 July Jan. Apr. l.>l%b. 100 Feb. lb b. . :), M.eotiOfo. nx't DJ. Central- .on. 10.5 lifl Wit 1 e.>M. 48, •! 1951 ast L.AN.O.—GotdSa.I9.M AW.-lst,pnf.,7a. 1900 lat,fr«s,1909 Sd. S-6s. 1909 KMtefB DlTlPloa-6«, lOZl. I . lBeanM.6*, 1931 Brf.D.AHpr Ino.l906.tr.reo. lat,6s,gold,'I» MJ9 iBi A Co 87 %b. 76 May 94% June 07 b SO Mar 71 July 67% 110 a. 100 b. I06%8<>pt. 110 Julie 100 b 102 a. 90% Nov. 102% June 112 Jhu. 120% Aug. 116 b 117% 11«>* i:e%b. 116 July 120%Aiir. 8'<%July 104% May 95% 94 85 H2%b. «6%July 00 Mar. 8U July I0.'i% Mur. »5ia 93% 29 b. 29 %b. 21% July 41% .Mar. 41 Oft. 37 b 37 a. 20 Feb. 115 116%l>. lit Jan. 119 Oct. 94 %b. 84 Mar. 96 Frb. 9314 Mar. 68 %b. 59% Feb. 71 08 90 OoU.S>».1951 tod-Bl. b. , 'lamped 4s, 1011 Kaoxr. AU. -lat,«a.gDld. 1925 IO'i>9l>. 102% I^toErteA W.-I«t.Ma. I9I9. KM) l> 102 b. 35 tneonw, 78. 1899 31 t. Lafny.Bl. A M.-lat. et. 1910 .. 102^8)). 104 b. 49 In<«iiw.7*. I8!»9 LakeSti. r n \. ••.7«.I90O 130i«s. 130 a. Kao' .. ' 86% 91 20 91 31 127 . • i «7 :i... B. 119 107 b. Out. 108 117 114% la' Loo. a Null.- • uu..<.i .. 7s. 1808 110 b N. O. A.H'.bll'^lal. 6>, 193U 10S%I>. iHl.6a.l930 E.B. AN.-lat. 6», 1910 113 b. Ocarral. 6s, I9J0 109 Trurtt B<in.1«. es. 1922. 10.j% Aug. Jan. Jan. Jan. 119 1 1 Jan 99 94 86 114%h. 112 ' May May July 98%l>. )-4% May . gold. rtro. Elevated.— lit 9d.ea " l-i.«9 «1. v£h _cl. 1st Mlas'rl i'uc. l.-t. b. 115 Jan. 119 b Ill a 110 a 10^% Jan. ".^..78.1911 48 a. 92 l>.; 34 Jnn> 7s. '02,127 137% 126"^ Nov. 107 Jao. 19201118%" 1131% 108 Jan. C011.1.. 6a. Oa, 1^08 lf</TK -rb<< lotle- b la licatca prioo 105 ' 35 107 ! f*. pi Nov. Ki- .. 50%S<pi 134% Jim. 127 130 115 125 107 95% May Har. July 44% 35 28 123 b. 125 85% 1911 Vi^ 1913 130 b l;<0%b 1893 104%b 1061.2a. 1903 137 b. I37;!ja. 133 117 "bl.l."aadapriae"aA'col:" 35 Apr. Jan. Jan. Aug. 127 90% June June Mar. 130% Nov. 108% Apr. Jan 11 140% June Sept. 112% July 't.U Jan. Nov. L. "39 Oct. May Jan. 99% July 73% Oct. Jan. Nov. 130 Jan. 133 130 109 88 69 Jnne June June Mar. June Mar. Aug. 10358 Aug. 82% Nov. 115% Aug. 99% Jan. 87% May 111% Jan 91% Jan. 105% July 113% , ! I I I I ; 1 . — i 1 ; I : 1 1 : { I 1 Oen'l mort. 80. <.'8. Carolina— IhU 1U21 6a, 1620 ! Inc. 47 106 83 a. b. 1 27% 1031 6s. 48 1106 2d. 6s, 1931 — ! b. b.i ' I 29 102 82 49% Not. July 113 Oct. Sept. 90 22%Juno 20% Mar. Feb. Jan. 80. Pac.. Cal lat, ea, 1909-12 110%b. 110%b. 105% Jan. 114 Sept. Sow Pae., Art.— Ist, 6a, 1809-10.. 112 'b. lll%b. 100% Jan 106% June 80. Pao.. NJ>1.— l8t. 68, 1911. .. 1118 b. 100 Jan. 108»8 Nor. 61% Aug. T<-x.-^k*a<j*-lnc.Aldgr, 78.'19 SS^a S8%b.. 34 May RloGrandeDlv.— 68, 1930... llHtt.l 74% 45% Jan. 74% Nov. Gen. mort. A term.. 68. 1909.. 65 b.| 60 34% May 00 Nov. Tex. AN. Sab. DIv.. 6S.1912 103 |105 a.l0O%jHn. 107% July Tol.A.A. AGr.Tr.— lat, 6a, 1921 103% May 107 Aug. [101 Tol. A Ohio Cent. -lat, Sa, 1935 9«% ilOO b.' 92%Jan. 100 June T.)l. Poor. A West— Ist. 7s. '17 104%b. 105% 91 May 106 Oct. Inmu P»eiflo-l8t. 6s. 1896-9.. 116 b.116% J114 Jan. 119% June Lanil gmnt, 7a. 1887-9 101%b.'lOl%b.;104S8 June 106% Feb. Sink: -s. 1803 117%!). 118 110 Sept. 1123% Feb. Kan b.lll b.;ilO%Oit. 114% Jan. ^i, 6s, 1895.... 112 | O— | . 1 \ : 8<i)t. Apr. I06%b. 99 % Jan. 106% 113%b. lei. Denvui l)|v.-6s, 1899 lat conaol. 6s, 1919 fircffonsb. Llne-lsr, 6a, 97''8 09 % Oct. 109 July 97 Nov. 65 Aug. 99% Nov. 90 Nov. 91 Mar. IIIISbIi. 107% 106% ..! 95% '22.. .l.-liip..68. 1927. V Pa<f- Gcn..tls, '201 i.ivUon— 5s, 1910... 64 94 a. I.,. DIv.. 7s, | 110 Jan. ,118 1 Feb. 53% .Inn. b. 44 94%1). S-l Jan. Jau. Jan. 97 64 u.-lr.iii DUUlou—6«. 19:^1.... 85% 89 Wab.sh— M.irlg8ge,7«,1909..i 85 A Wab.— l»t, ext.. 7s. '00 112%b. 113 Tol. 1st. St. 110 114>%b.!ll3 78 70 110 107 b. 100 I01%b.| 97 95 b. 84% 112%b.'l09% 101%l>. 90 1889 108 2d, extended. 78. 1893 102 June Con., conv., 78, 1907 Apr. 93''8b. Great West.— 1st, 78. 1888.... 112 Nov. 2d. 78. 1893 102 Apr. 8t.LK.C. AN.— B.eAr..7a,'99.1 110 Mar. WeatSbore-fjiiar.. 4e Oct. 101% 103 all ot!i.!r prirea ami tbu rangd are from actual sales 111% Nov. 125 Jan. 107 Mar. [103 85%b. 76% Jan. 52 Jan. «2 108 b. 100 Jan. 82% 51 Jan. 111%'). 104 Jan 100 48% Feb. June 74% Nov. 44% Nov 106%Jan. 113 108% Jntu: 123 118 75 123 104 134 \ li'O 113% 116 106 Nov 31 104% Jan.' 116 b. , .Mar. Nov. Apr. Feb. July 105% Nov, 119 July l»9 b.| 101 July Imp. A extension, 68, ll'34 120 Jnne North.Paoillo— l8t,coup.,0e, '21 116% 1116% lc.2%b.!l02% 103 "s Sept. Qenl. 2d. ooup 1933. 109 June James E. Val - 1 at, 6s. 1036. 108 b 105''8 102% Mar. 109 iSs June 104% N. Pao.Ter.Ca— 1st. 68. li»33. "~ 120 b. 118 Sept. 1125 Feb. Ohio A Hiss.—ConsoL, 78, 1898 120 2d. eonaoi.. 7s. 1911 110% 121%a. 113% Jan. 1120 Nov. 91 Feb, 110% Nov. Bprlngfleld Olv.— 78. 1905 .... 99 b.jllO 87% Feb. 94% Mar. lat, general, 58. 19S2 90%b.! 109 97% Jan. 107% Nov. Ohio Southern- Ist, 68, 1921. .. 107 34 Jan. 46 2d,ino..68, 1921 49% Not. 47% 97 84 June 99 Mar. Oregon Impr. Co.- let, 6s. inio 97% Oct. 114% Jane Ore. E. A Nav. Co.— 1st, 68, 1 009 1 10 %b. 1 1 0%b. 110 102 Jan. 108% Mar. Consol., 5-, 1925 107% 107 Ore«on A Transoon.—68, 19'22. 101 92% May 104% Oct. 101% Feo.Deo.A Evaor.- I8t,e8. '.O. 115 a 114 b. 103 Jan. 119 Juna 43 Jan. Ineome. 6s, 1020 80 b. 82% 82% Nov. EvansT. Div 1st. da, 1920... 108 b. 111 a. 100% Jan. 111% Jnne 44 Jan. 82 Nov. Income, 6s. 1920 79%b. 82 Fenn. Co.— Guar., 4%', eon , '21 106%b. 10(i%b. 102% Jan. 108% Aug. Pitts. Ft.W.ACb.-lat,7s, 1012.1 142 b. 141 Jan. [145 June 2d, 7b, 191'2 110 b. 140%b. 138 Sept. 142% June RIchAAIl.— 1st. 78. 1920. tr. rec 77 78 65 May 80 July Rli'hui. A Dan.—Cona., 6a, lOl.'S 111% 119 111% Jan. 119% June Debenture, 6», 1927 112 b, 18% 86 Jan. 114 July Debenture, aasented 108%b. 106%b. 106% Oct. ,100 Nov. Roob. A Pitts.— 1st, Cs, 1021... 115 b 115 b. 113% /an. '117 June Consol., 6s. 1023.; 108 b, 109 b. 105 June 112 Mar. Rome W. A Ogd.— 1st, 7s. 1891.1 111%1>. 110 July 117 Mar. Consol, extend., 6s, lt«22 101 101 %b. 87% Jan. 103 pt. 43 Jan. 100 Oel Inoame, 78. 1932 98%b. It. 8t Jo. AGd. bl.— lat, 6a. 1925 .Il07% 107% 104 Jan. 110% Apr. 2d, ineome, 9s. 1929 71%b. 71 b. 99% Jan. 74% Nov. t I.,. Alt.A T.H.— lat. 7s. 1894. ..119 Oct. 119% May 2d, M.. pref., 7s, 1894 110 b. 110% Oct. {114 Ang, 2d., M..lno., 7s, 1894 109 b. 103% Jan. 108 Har. Dividend bda, 6s, 1894 33 Sept. .50 Feb. 40 110 Aug. [118 Jan. 8r. L. Air. Mt.— Ist, 7s,l892...1112%b Aug. 119 Har. 2d mort.. 7b. 1897 |ll3 a. 112% 111 Oem.Kr. A landgr., 98. 1931. 08 98%a.| 90 Apr. 100 July 8t.L. A8anFr.-6a., Ct A,1906 Jan. '118 July ;113 b. 108 6a, Class B. 190 (i ill4 a. 114%b. 105% Jan. illS July 113%b. 105% Jan. 117 Jnne 6a.CUaaC, 1906 Oenlmort, 6s, 1931 90% Jan. 113»8N0V. ;111% 113% Bo. Pao., Ho.— Ist. 6s. 1888... 104 103%b. 103 Jan 1< 6 Jnne St. Paul H. A M.— 1st, 7s, 1909. 112 July 116 Mar. 2d, 68,1909 120 b. 119 b. 118 Oct. 122% Feb. lstoons..6a. 1933 122 123 b.;il5 Jan. 126 Jane Sheaaodoah Val.— lat, 7s, 1909: 94 b. 90 b. 70 Fob. 98 Nov. Fib. 99%t)<t. 120 Jiui 1 36 100 102 May May 53 32 30 25 Nash. Ch. & St. L.— let, 78, N.Y. Central— Extend., Ss, N.Y.C. AH.-lat, cp.. 78, 107% 108% |109 Debenture, 58, 1904 N.Y.AHar.—l8t,cou., 78. 1900,133 a ,132 b 133 84 97 N.y.CMo.4St.L.— Ist, 68, 1921.. 96 54 N.Y.CityANo.—Gen., 68, 1910. 70 b.[ 71 ,123 N.Y.Elevatod— l8t,78, 1906....I124 b. 126 N. Y. Lack. A W.— lat. es, 1931.1130%a. ISOi^a. 125 Nov. June 111;% Apr. llW%b. 100% Jan. 109% <>. I. 9.< X..V. KHI Jan. 106 l«t.6«. 191n 110%b. Ill%b. 100% Jan. 95%li. 94% Oft. 1916... C 97 106 102 May Matu. A C-li'l-Iun-6^ lO.M IIM a. 105%Jn]i.. Jao. Jan. 110% Jao I25lib. 125''»b. C<>i LtiiK 10 I»« Mur. 125 112 : , Nov. 128% June 106% Sept. ! l»l,wn. Ooi. 107% July 1 H..V 1- June 110% Mar. 103 " II. 68. May 104 121% June 120% May lllisJan. b.jlOl Jan. 74 I . lilt. f., " 105 1 140 113 106% May 72i4MBy 93% Oct. Oct 118 Jan. 9258 US Construction. 5e, 1923 June 121 June N. T. AN. E.— l8t, 78. 1905.... 128 b 111 June N. Y. Ont. A W.— Ist,6». 1914.. 109 b. 09 >s June iN.y.Sns. AW.— l8t,68,'ll.op.ofl 83% 108 >4 June Debenture, 68, 1897, coap. off Hldlandof N.J.— Ist, 68. 1910il06 a. 1431s Jnne l79=8b. N. O. Paeiflo— 1st. b's. 1920 140 May I'il Norfolk A W.—Gen'l, 68, 1931.. lUigb. Mar. 112 Jan. New River— let. 68. 193'i • Moani vpHKin 1st. 78, 1918 Mutual Un. Tele.—S. M^;-. llOif July 10.) Apr. 112719 Aug. 1107 Jan. Ill3 May- 109%b. 108 136 ' Fi ConsoL. 78. 1904-5-6 Mobile A Obio— New, 68, 1927.. l8t. Exteneiou, 68, 1927 l8t pref. debentures, 78 2d pref. debentures, 78 3d pref. delK-ntures, 78 4th pref. debentures. 7s Morgan's L. A T.— 1st, 68, 1920. Mar. 981s -Nov. 1271s Apr. — Etui 91% 110% C0B80I., 58. 19-20 lOTig Mar. Feb. Feh. Jan. 411s F,-l.. lOa Feb. il02 Xov. 12114 J„n.' 1!0>4 Apr 1OII4 July lOlii Julv ; llB'sJan. Mo. Pao.—(Cont'd)-3d, 78,1906 104 b.ilO'lU 103 "4 Aug. Pao. of Mo.— l8t, 68, 1838 112iaa. lllial'. 109 Oct. 2dmort,78, 18M1 ;10(ii-jb.jl02 Get. Mil. & Nor.-lst, M. L., 8s, 1910 103 b. jlOO Jan. iBt. ou exten., 68. 1913 a.ll2>sJan. 1921.115 Mil. Lk.Sh. AW.— l8t, 68. lU5 MiohlganDlv.— l8t, 6s, 1924.. lli^e 113 a.jl06%Jan. Aug. Minn..A8t. l8t, 7s, 1927.... 13.i%b.|133 b.!l28 91 b.; 93 b.| 90 Aug. Imp. & Equip.— 68, 1922 1(0 _b. 101 b.ilOl July 2d. 78,1891 104''8 8758 May Mo K.&Tex.—Con., 68, 1920... 103 L— 117 114 88 I , , 118% Juue I Aamled D«B.Ba.Pk. APac.— lst.7s.'OT. OeLMar. A Mar.— laCOs, 1921.1 I June Auk. llligJuy \ lom Mar Apr. Ill's Apr. 118 June i:0 Julj' Ill2 Mar. 92 1« Oct m. . Mar. 110 108 \ 95 Ill I . Jan. SmOct. | June il03%b. 98 Aug. Conaol. * col. Can. Bonth.— Ist gnar.. 5«, 1908 107 b. 107>s 103?« Jan. 94Tg 9414 84 Jan. .....; Zd.5«.19l3 100 a.' 97 Nov. Cen. Iowa— 1i«.7»,'9», coap.ofll00 lor>sb 107'«b. 107 Oct. Oantralof N. J.— l»t,7a,1890.. 107%i). 10S<a 106 Jan. Oooiiol. 7*. 1890. aMant 109 108 b.l07'8Jan. Conrert. 7s. lUu'J, aaaent. 10> 105 b.|103>4July A4Juat 7<. 19<3 80 b SSTea-l 63 Jan. OooTert. deb. es. 1908 a. Ill |103 Jan. LeHi A W.B..oon.7s. 1909,a8'nt 1 1 89 Jan. Dock A Imp.. Rh. 1921. .. 99 t>. 99 Oantnl Paciflc— gold 6s. 1896.8 116>« 115^b. 1121s Jan. ~ I Joaqolu Br. 68.1900 11 112 b.. 107% Jan. lOi^b.i Laadanuitt^s. 1890 102>sOot. 114 Oct. ChM-AO.— Par ni. (und6s,'98 115 b. HO a.1 6a. ^d. series A. 1908 103*« Jan. ~ gold. ser. B, 1908, coop, off 76 76% 60 Hay 33% 25 Hay 321a 1918. Mart. 6«. Ifill 98>aa.l 94ia Hay 97>s CkM. O. dt 80. W.— 5.6s. 191 1 88>sJan. 1|17 July GUeaco A Allon-lst, 78, 1893. 110 b. Chle. Bart. A Q.— Deb. S«, 1913. 106 b.l07%a.l05 Aug. 100 a. 091a 07i4Bept. Denver DIvl'., 4a, 1922 Plain 48. 1921 91 b.i 921* Nov. CblcAE. Ill -1st, s.r. 6s, 1907 1 leisb. 117 b. 115 Jan. Ooosol. 6s. 1931 !114>1 114 b, 110 Jao. Ohie. A lod. roal B.. Isr. 7s. '36 99 b. 9S>s 92 Sept. Ch.l«nASt.P-l81,I.*M.78,'97 124 123 >f Aug. ContoL 7». 1905 .132 b 128% Jan. I14i«jan. lsl.80. Mln. Uir.-ea. 1910.. 116>a UbChl. APar.W.IMv—5a. -21.108>4 108"4 103 Jan. WlB.AMin. Div.-Ss. 1921 .. il07>* :107>«b. 102 Jan. Tmnkikl .^8. 1014 iiomb. 105 b. lOmJan. Ohio. A If. W.-Cuuaol. 7a, 1916I |139^ 138% Nut. Coopoa. cold. 7s. 1903 134 b. 130 Jan. ataddiiK/aadra,1929 115 Oct. ainktng fond Ss. 1H29 108 b 108 Apr. Sinking fmid debent. Sa. 1933 108a. 108 a. 105 Jan. 10<|i* Sa-.rear debeirt. a*. 1900 106>9b lomjan. 128'* Jan. ad.&I.AFae.-«s.o;ap. 1917. 1^^9'^a.: Sxtco. Aiol. 5ii. 1934 111% 111 b. 10) Jan. 0b.8tP.,Jf.A O.—Convil. ea. '30 l'.'4% [123%b. 118>< Jan. "«,'32 .-..-...I Ch.8t.U.% y •• 92 Feb, C. C. C. A .14 lOS"* 108% [100 Mar. CotCosl.. 99'9 .JOO.. 99% 90 May 89ie CoLH. Vai. ,x ini. i^iiii. iiB, '31 88% 82 Oct Oea. gold. 6s, loot 96ita. 9l''gNov. DtL A Bod. (^".-i.t, 78, 1891 113^ 112«« llOltOot Oiiiipon7«. l-9t 116% 115>aOor. DeBTerA Rl.> Or. -I>t,78. 19O0 119r>. |118 b.ll4^Jan COnaol 7s. 1910, Trust n-c. ... llsVib. ... 87%Jan. DCB.A R.Ur. W.- 1st. 6«. 1911 T9i* 81 72)«Jao. 1886. 1, since Jan. 1.'86. Name of Bond. I Sm.l2. yov.19., 601 b. May Oct. 1 June 115% Jan. June 110 Jan, May 105% Inne lOO May 114 May 100 [ Fob. Feb. Jan. Feb. 108% Jau. 1II6 Mar. l.00'''8Aug. 106 June THE CHRONICLK 602 NOVEMBER QUOTATIONS OF STATE AND RAILROAD BONDS, STATE BONDS. 8E0CKITIKB. ArkanBa»— 6s, taoded It, h. Book A Ft. 8. iaa. Ueiiip.AL.Rook la>a •12!n RR 15 4R.R.RR. 12 ArkanaaH Ceiif. RR. Georgia— 78, goUl, 1880 .. 6 LoaiaUna— 7ii, uon8.,1914 Stamp rt, 4a 94 SECCRITIKS. Bid. 78, 10 111 93 8234 BBOnBITIBS. Ask. 104 105 104 T»,L.R.P.B.*N.O.RR T», MlBB. O. Bid. 105 9 ea,10-3U8, 1800 Ta, BEOCBITIZe. Ml8»onrl-6s, 1887.... 88, due IH88 6s, due 18«» or 1890.... A8yl'm or Univ., due'92 Funding, 1894-95 Ask. Bid. Alabuno— olHSs A, IDOe. 105 107 OlM«B,5«, ifloe 103 Olus C, 4s, 1806 Bid. Ohio— 68, 1886 Kliodo Itl 1913 105 102 1913 1913 77 Virginia—68. old 47 47 68, new, 1866 85 6s, oonsol. bonds 6». 56 6s, ex.natured coupon. Ill 65 68, consol., 2d series Us. cp.,1893.4 110 5s, 3s, 126 120 1919 Ask.. BIO. New sottlem'l— 6», 10 99-. 100 1« 121 102 6s, BBOTTBITIBB. Tennessee—Contlnned 8 Bpeolaltaz, Class 1 OODSOl. 48, 1810 112 116 Hanulbal A, 8t. Jo., '86. 103 New York-68, reg., 1887 102 112 68, loan, 1891 115 68, loan, 1892 118 68, loan, 1893 35 N. Carolina—68, old, J. AT. 12 FnndinRaot, 1900 New bonda. J.<tJ.,'83.8 22 19, 1886. A.k.!| N. CarollDV-Continaed— 1081a XUn, [Vol. Boath Carolina— «••« 68, nonfnndable, 1888. Brown coiirtoru 68, 1893 110 6s, deferred Tennessee— en. old, 1892-8 (134 eih 63^ 64i« District oJ Colnmbla— 6s, new, 1892.8-1800 ... 63 >g 64 v.! 3-658, 1924 68, new series, 1814 74",' 73 FnndingSs, 1899 C'nip'mlBe.3-4-5-ee.l913 107 78 58 >• 12 'i 119 >4 BAIIiROAD BONDS. Del. Railroad Itonds. (Slock BJrcha«at Prieet.) Atl.A Pao.—l8t, 69,1910 Balt&O.— Ist, 6s, Park. B 87 87=8 111 68, gold, 192,'! Bid. Ask. 112 II311 Mich. Cent.— 68. 1909 1st, ext., 7b, 1891 *ll5'i lieis 78, 1894 144 l8t. Pa. Div.,cp.,7s,1917 141 Alb.* Snsq.— Ist, 7s... 106 133 Ist.cons., guar. 78,1900 130 Coupon, l8t,con8,,guar.6s,1906 Bur. C. Rap. A No.— l»t,5a lOS's 109 Rena. cfcsar.— lst,cp.,78 Oousol. * col.tr., .'18, 1934 103»«il04>« Deny.* Rio Or.— 1st,, 78.. Mlnn.ASt.Jj.— l8l,7a,Kii 130 l8t, cona., 78, Trust rec la. City <& West.- l»t,7» Den.So.Pk.(t Pac.— l8t,7s O.Rap.I.F.itN.— l8t,6s 106 108 100 103 Don.cftBioO.Weat.— Ist.es lBt,6s,l»21 Assented Bnff. N. Y. <S P.— cons. DetMack.AMarij.- l8t,«8 General, 68, 1024 Land grant, 3ia8, 8. A.. Can.So.- l8t,lnt.guar.,5s 107 10718 81>4 94 ij Det. Bay C.& Alp.— Ist.Cs 2d, 58, 1913 100 B.T.Va. & O.— l8t,7s,1900 Central Iowa— Ist, 78,'99t 65 Dlyisional 5a, 1930 East. DlT.—l8t,88, 1912 79 E.T.Va.A Qa.Ky.- lat, 53 111. Div.,lat, 68, 1912 .. O— Piir. mo.fd.'9S 68, gold, series A. ,1908. Clie8.& e8,gold,8ei1eaB.,1908t 68, currency, 1918 Mortgage, 68,1911..... Clies.O.&s.w.— M.,5.6s.Chlo. 109H 76 "2 77 3334 33^8 98 H' 102 ii ioi Alton— Ist, 7s,'93 118 ij <fc Blnking fund, 68, 1908 - 124 S, & Slo. KIT.— Ist, 78. ai8 2d,78,1900 116 St. L. J aok. & Ohio.— 1st IM. 122 117 Ist, guar. (564), 7s,'94 2d, (360), 78, 1898 ...- '117 2d, guar. (188), 7s, '98 Ml»8.R.Br'g6-l8t,8.f.6(! Chlo.Burl. & Q.— Cous 73 68, sinking fund, 1901.. — 6s, debeuturn,'*, 1913 la. Dlv.— S. fd., 58, 1919 Sinking fund, 4s, 1919 Denver Uiv. —48, 1922. Plain 48, 1921 Chic. Burl. & No.— Ist. 5s C.R.I.& P.— «8, cp., 1917 Ext. & Col., 58, 1934 Keok. A Des M.— Ist.-'i.'i Cent, of N. J.— lat, 7s, '90 . . 133 "a 107 '^ 113 99 >8 88 91 .... I113 105 133 Ill .... 99'. 99 1;^ Ulij 108 110 107 H, 108 l8t,cou9.a8aent. 7a, 1899 108»8 108 !Si Cony., assented, 7a, 1902 108 AdJU8tiueiil,7B, 1903... 1U5 83-'( Conv. debeut., Bs, 1908. Leh.&W.B.— cou.g'd.as. i'lo" 111 99 Am. D'k&Imp.— 08,1921 98 Chic. Mil. &bt. P.— 1st, 88, P. U., 1898 2d, 7 3108, P. D., 1898. iBt, 7s, « g., R. D., 1902. 133 l8t. La C. Dlv., 7s, 1893. 120 lSt,I. & M., 78,1897... '123 1st, I. «.j &D.,78, 1899 l8t,C. & M., 78, 1903... Consol. 7s. 1905 l8t,78,I.&D.EJCt..l908 lst,S.W.Div.,68,l»0U. iBt, 68, LaCife Uav. 1919 let,S.Miun.Div.,8a,1910 l8t,H. .SD., 78, 1910... Chlc.&Pac.Div.,68,1910 .,5s, 1 92 lBt,Clllc. A P. Min'l Pt. l)iT.,6s, 1910 C.& L.Sup.Dlv., 58,1921 Wl8.,tMiu.Div.,53,19zl rerminal 58,1914 1241a 132 132 131^1 120 -a 108 14 118 119 i'l's" 145 120 lieig 83 83 7«iii l-Oia 76 >a 95 77 13 4713 48 UU-AMad.- I8t,6s.l905 & St. P.— l8t.5s St. L. & Oh.- lst,(;. Ott.C. F. 107 "a Cln. I. C.C.C.AInd'a— lst,78,8.fd. 123 "a 13213 Consol. 78, 1914 Consol. slnk.fd.,7s,1914 '1231a General consol. ,68,1934 10S34 Ch.St.P. M.tSi 0.-Coii.6a 1233^ C.8t.P.&M.— Ist68,1918 12d No. Wis.- l8t, 6s, 1930. Bt.P.A8.C.— l8t,«a,1919 \26\ Chlc&.E.Ill.— lat,8.f.cur. Conaol., 1st, 88, 1934. .. 117 114 Chio. — Ch.& Ind.Ooal Kj Ist.Os Col.<t(Jreen.— l8t,ts,1916 3d, 68, 1928 Col. H.Val.<fc Tol.— 1st, 58 Gen. M..gold, 6». 1804. Del. L. & w.— 78,ccDr.,'92 Mortgage, Spd,DiT.— Cy.6s. 1898.. Middle Dlv.- Reg., 5a. C.St.L.*N.O.— Ten.l.,7s lat,conaoU78, 1897.. 2d. 63,1907 Gold, 5s, 1931 2dDlv.,7s Dub. *8 8. A L.—6a.l931 Sandusky Dtv.— 6a,1919 ltl7ia ' Pitts. Ft.W.,t 2d, 78, 1912 3d, 78, 1912 142 140 'a 41 134 133 Clov. 4th, Pine C'k R'y— Osof 1032. A Tol.— Ist.Bs McK. A Y.— lat, 68. RoraeW.A Og.— l8t,7s,'91 Pitts. ; 101 la 103 113 109 Consol., lat, 6s, 1922... Rich.AAlleg.-lst, 7a,1920 Truat Co. receipta 78 i'o'sii Assented 110 101 Atl. ACh.— 1st, pr.,73,'97 Incomes, 1900 Scioto Val.— 1 at, cons., 7at st.Jo. A G'd lal'd.— lat, Os St. L. * Iron Mt.— 1st, 78. 2d, 78,1897 12113 IIO14 llOHi •92 Debeuture, 78. 1887 107 107 14 113 112 1151a II6I4 Arkansas Br'ch — 1st, 78 Cairo * Fulton- 1st. 79. A T.— 1st, Cairo Ark. 7s Gen. r'y A l.gr.— 58,1931 St. L.Alton A T. H.— lst,7s 2d, pref.,78, 1894... 2d, Income, 73, 1894 .... Bellev.A 80. 111.— 1st, 89 Bellev.ACar.- l8t.6s, 32 St. P. Mlnn.A Man.— l8t,78 2d, 68, 1909 Dakota Ext.— 68, 1910.. latcon,lol.,68,cp., 1933 Mln'8 Evans. Div.— lst,0s,1920 2d. 6s, 1931.. l8t,78,1909 — General, 68, 1921 Sodus BayA So. -.Ist, 5a, g, Tex.Cen.— l8t,.s.f.,78,1909 lst,7.s, 1911 A W.— 1st, 7s, 1017 receipts Wab.St.L.*Pac.— Oen.,08 , Tol.A 68, 1907 Pac— 1st, 8s,'95 lat, 6s, 1896 Denv.Div.8Sjas8^'99 98 111 98 14 100 94', 95 102 104 75 104 108 o r. Bay w. Ast, P.— 2d,inc. Ind.Bl.AW.— Con.,inc.,6a Ind'sDecA Spr'd — 2d,iuc. Trust Co. receipts Leh. A Wllkcsb.Coal- '88 Lake E A w.— Iuc.,7s,'99 Sand'ky Div.— Iuc.,1020 *W.— A So. Pac. of 1931 Mo — lat,6a 105 113=8 113 H. 1033, Kan. C* S.— l8t,8s, g FtS.AV.B.Bg.-lat,6s * l.g.— 78Tr.rec. Inc. 53 Bio G., 68, Do 109 Gen. made Rome W. * Og.— Inc., 78. , this week. 88 Tr.r. t 431* '7'5' 75 104 4 101 105 9684 64 9438 36 94 'e 88 85 801a 85 . 85>s ii3i< 113 1« 107 10134 102>« 95 9ft 1121a 113 1011a 3D la 30"^ 42"a 371a 29-8 45 39 89 Iq Valley R'y Co. of O.- 6s. Coupons off. - 29's 37 98 35 20 49 105 74 44 33 35 28 32 721a 78 463* 46 'SO'e 81 •8O34 81 73 43=8 '70 *96ia 100 *25\ "ii" Cin. Laf. Jofleraon 68 85 96>9 90 45 Free l^iHt. A Chic— l.st. 78 nR.— l8t.7s. '89 lot 6834 Aug. cp. on ex Aug. cp. m. A ter. PeoriaD.* Ev.— Inc., 1920 Evausv. Div.— Inc, 1920 Roch.,t I'ittsb.— Inc., 1921 So Car. Rv.— Inc 68, 1931 St.L. A.AT. n.— Dlv. bdsSt. Jo * G'd rsl.- 2d,;uo. Tex.A Pac— " :-.,ea,1905 102 -90 Con.aol..6s, most. 12712 107 83 105 76 St.Chas.B^e.— l8t,8s No. Missouri— 1st, "/a. 117 W.St.L.AP.— IoK-i,dlv.,8s 102 60 Trust Co. Receipts West Shore -l8t, guar.,48 IO2I2 102 '• We9t."u.Tel.— 7s, 1900 .. 123 ^ N.W.Telegraph.— 79,1904 105 85 8514 Mut.Un.Tel...S.fd.63,1911 Col.C* Ir.Oo.— Ist.cou.Gs 9934 lOO Teun.Coal A Ir.- Con8.,6s 101 So. Pitts.— 1st, 8s, 1902. 101 Laf.Bl.&Mun...Iuc.,i8,'90 Pac— 1st, cona., 68- 113=8 »122ia Incomes Mil. L. Sh. 3d, 7s, 19, >6 Mob.A O.— lst.prf.,deben. Pac, of Mo.— lat, 69 .- 104 lll>a 11212 2d, pref., debentures 2d, 7s, 1891 3d, pref., debentures StL.&S.F— 2d,6s,Cl. A 113 113'.i 114 4th, pref., debentures. . 6s, Cl.iasC, 190() 1141) -V.Y.LakeE.AW.- IncHs 68, Class B, 1908 Ohio So.— 2d, inc.,6s,1921 O. 105 1st, 8s, Pierce C. 6a, 123>« 120 Income Honda. 108 "a 107 105 At.C.AP.— lat,6s,1903 103 I'o's'^i At.J.Co.&W.— 1st, 8s 103 Oreg. short L. — Ist, 6a lOeia 10634 88 Ut. So.— Gen., 78,1909 80 Exten., lat, 78, 1909 Gen. mort., 123 Han. A Naples— l9t,78 '85 Ill.ASo.Ia.— lst,ex.,69 •90 St.L.K.C.AN.— R.e.7s 110 Omaha Div.— 1st, 78. 102 Trustee, receipts.. 102 70 Clar'da Br.— 68,1919 112 "a (Interest i}auable if earned.) 113=8 114 Atl. A Pile— Inc., 1910... 114=8 115 Det. Mack. A Mar.— Inc. lat, consol., 1)8,1919 C.Br.U.P.— F.c.,7s,'93 Equipment, 78, 1895 120 110 W.— lat.ext., 79 1st, St. L. Div., 7s, '89 2d, ext., 7s, 1893 Equlp'tbds., 78, '83. Consol. conv., 78, 1907 Qt. West'n— lat, 78,'88 2fl, 7s, 1893 Q.A Tol.— Ist, 7s, 1890 6a. . Do Bans. 1131a Sabine Dlv..-lst,68,1912 Va. Mid.— M. Inc, 6a,lg27 111 — 119 Trust Co. Tol.A.A.AO.T.— l3t,68,c. 103 Tex. * N. O.— Ist, 7s,190n RR.— Pac— Gold, 113 '1121a Tol.AO.C- l8t,g.,38,1935 100 Tol. P. 1143, 115=8 112 San Joivquln Br.— Cal. A Oregon— 1st, 8s 102'8 Cal. AOr.- Ser. B., 63- 106 >a Land grant bonds, 6s. 1021a West. Pac— Bonda, 68.. 114 No.R'way (Cal.)— l8t,88 122 123 So. Pac. of Oal.— lat, 6a. IIOI4 1103, So. Pac. of Ariz. 1st, 8s lllHi 113 So.Pacof N.Mex.-l8t,6a 108 Union Pacific— lat, 6s.. 116 Land grants, 78, '87-89 lolia Sinking fund, 88, '93-. 118 116 Beg., 8a, 1893 Collateral Trust, 68. Cen. 115 110 105 115 110 Un.— 1st, 6a, 1022 115 Shenand'hV Peoria* Pek. U'n— lBt,68 2dM., 4'aa. 1921.... Pacllic 10914 114>a 116 9814 St.P. A Dul.- 1st, 53,1931 So. Car. R'v— lat, 68, 1920 108 .'0'7" Consol., 58,1923 Panama— S.f.,8ub.68,1910 90 Peoria Dec. A Ev.— Ist, 63 114 78><i Rlch.ADanv.— ConB.,g.,88 1141a iU'^s 1131* Debenture 68,1927 Mo. these are latest qaotations i'li'ia Con., lat, ext., 08, 1922. Roch.APitt.— lat,6a,1921 Wabash— Mort., 78,1909 1051a No prices Friday 108 Pitta.Cleve. 10136 10; H. 97 97 Oregon Imp. Co.— lat, 6sOreg'nRR.ANav.— lat, 6b. llOi* llOia Laf. Bl. A .M.— l8t,68,1919 96 H, Louisv.N.Alb.AC— l8t,68 lllSj 951, 11714 Con.'i. gold, 68,1910 .... 138^8 Lou. N. O. A Tex.— 1st, 58 •91 Manhat.B'ch Co.— 73,1909 12s Mex. Cent.— Ist, 78, ex cp l:« Newaaaentod. 48 130 >a Mich.Cent.—0008.78,1902 Consol., 8a. 1902 i'o'o' Or.ATran8c'l-.6s.'S2,1922 lOJlj 108 119 1892 2d, 78,1898 2d, guar.. 78, 1898.... OhloSo.— Ist, 68, 1921 ... Oreg'nACal.— lst,8s,1921 2d,consolidated,7s,1911 latSprlngfteid Div., 7a. lat, general, 3a, 1932... i'ii' Ketiin. Kiev.— lst,6s,1908 2d.ti8.1899 68, s. f., St.L.V.&T.H.— lat,g..78 Trust Co. receipta Chic. Dlv.— 5s, 1910... Hav. Dlv.— 68, 1910 Ind'polis Div.— 68.1921 Detroit Dlv.— 6a, 1921.. Cairo Div.— Bs, 1931 i'lf'ai Mem.AChas.— 8s.gld,1924 ii'9 C— l8t,7s * P.—Cons B.fd.,7e llS-ai S'thw.Ext.- l8t,78,1910 P.1C. Ext.-lat, 6s. 1921 109 93 Imp. A Equip,— 0s,1922 Mlnn.A N.W.— Lst.oa.gld. 104 A N.Ala.—S.f. 88,1910 Louiav. C. 113 115 101 2d, 7a, 1891 RR.— l8t,78,'98 Peua. AAt.- l3t.,6s, gold L. Erie AW.--lst, 6s, 1919 1 Con8tructU)n. 5s Isl. 98 la 1907 ... Minn.AStL.— I8t,78,lfl27 133 135 Iowa Bit.-lst, 7s, 1909 l'20>a . *88N "h9" 137 Byr.Biug.dtJI. Y.- 8t,73 131 Morris A Usaex— 1st, 7s 1413, 2d, 78, 1891 1121.J Bomia, 7», 1900 780f 1871, 1901 126 Ist, con. .guar., ts 137 K. Y. Lack.cS W.— l8t,68 78, 108 la 107 106 "a 102 . Tru8tbond3.68, 1922 10.40,63,1924 , •97 la 89=8 Mich. Dlv.— 1st. «a, 1924 Ashl'd l)iv.-lat.8a,192.") Pa.Co. '8guar.4 ia8,l8t,cp Pa. Co.'84'.js,reg.,1921. Pitt9.C.&St.L.-lst.o.,7» , l8t, consol.. 5s, 1931.... &St.L.— lat,Ca,191o 1884-1913 1st, 68, RR.— 106 1931 Mll.L.S.AW.-l.at,tf3,1921 N.Y.*M.B'h-lst,78,'97 N.Y.B.AM.B.-l8tc.,g5s 124 la Louisv.* N.— Cons. 78,'98 119 Cecilian Br'ch. —7s, 1907 101 N.O.AMob.-.lst,63,1930 1063, 94 "a 2d, 68, 1930 124 E. H.&N.— lst,6s,1919 114 -a 109 It 109=, 127 General, 6s, 1930 132 Pensacola Div.— 68,1920 100 101 St. L. Div.— lat, 6a, 1921 '113 56 2d, 38, 1980 Naahv. A Dec- 1st, 78 1151a Ohic.St.L.&P.— l8t,oon.58 Chio.dtW.Ind.— lat,8.f.,68 1U8 Qen'l morl., 6», 1932 ... 5s, Jack. Lan.A Sag.— 68,*91 Milw. A No.— lat, 6s, 1910 , Long i'l'f Coop, Pennsylvania — C— North.lll.— latos, 1910. SECURITIES. 95 105 105^6 Mo.K.AT.— Oenl.,6s,1920 1013, 105 121ii 124 i)2'al 63 General. 5a, 1920 107 1093, 109^8 Cons., 7s, 1901.5.6 87 '1 90 Cona., 2d, income, 1911 1121a H.AC6nt.Mo.-l8t,78,'90 EUz.C.A N.— S.f.deb.,o.,6s 11434 115 52'a Mobile & Ohio— Now 68 1st, 68, 1920 1083, Collateral trust. 68, 1892 Ellz.Lex. & Big Sandy- 68 123 105 lat. Extension, 68, 1927 Erie- l8t,extended, 78... 114 76 St.L. A Cairo 4s, guar. 2d, extended, 63, 1919.. 116 Morgan's La.AT.- Ist, 6a 3d, extended, 4 "as, 1923, 1081a 125 1st, "s, 1018 4tb, extended, 08, 1920. 107 108 107 Nash.Chat.&St.L.— l8t,7a 1301a 134 5th, 78, 1888 110 134 109 2d, 88,1901 l3t,cous.,gold, 7s, 1920 132 l'.!9 1031a, Ist, cons., fd. coup., 7s. 120' N. Y. Central— 6s, 1887 lO-Si-i Deb. certs., extn. 5s . Beorg. 1 St lien, 68, 1908 13734 Long Dock b'nds, 7s, '93 117 117 14 N.Y.C.& H.— 1st, cp., 78 122 108 '6 109 Deb., 58, 1904 Consol. gold, 6s, 1935. Harlem — lat, 78, coup. 132 133 B.N. Y.& E. -lst.7s,1916 13918 N.Y. Elev.— lat, 78, 1906 1231a 120 N.Y.L.E.&W.-N'w2d8s N.Y.P.A 0.-Pr.l'n,8s,'93 Ex June, 1888, coup.. 71 N.Y.C.&N.— Oen..6a,1910 Collat'l trust, 6s, 11122 70=4 7115 Truat Co. receipts Fund coup., 58, 1989. *85 N.Y. A N. Engl'd-l8t, 78 Buff.&S.W.—M. 68,1903 1st, 8s, 190g Ev. & T. H.— lat, cons., 6a liaif, 96'4 97 N.Y.C.ASt.L.— Ist6sl921 Mt.Vern'n— Ist, 68.1923 110 108 97 Trust Co. receipts. Evans.&lndps.- Istcons ,,„, *eo 65 *119^ 2d, 88, 1923 Fl't&P.Marq.- M.68,1920 N.Y.Out.AW.— Ist.g., ea. 106"t 106 3< Pt.W.4 Den.C— l8t,83... SSH N.Y. Susq. A W.— lat. 63I 851a Oal.Har. AS.Ant.- i8t,6s 108 113 113 Debenture, 6a, 1897t 2d, 7a, 1905 100 101 Midland of N.J.— 1st, 8a I'o's' West. Div.— lst,5s 93 94 N.Y.N.H.&H.— lat,rg.,43 2d, 63.1931 821a N. Pac— G. 1. gr.,lst,cp..6s ue-a Gr. Rap. & Jnd.— Gen. 58. i'o'e' ar'nBayW.<fcSt.P.— l8t,88 Gen., 2d. gold, 68, 1933- 102=8)10234 1241a James Riv.Val. — 1st, 8s 108 "a 110 Gulf Col* S.Fe.—7s,1909 123 102li 1031) Spokane* Pal.,l8t.a.f6. 103 14 105 Gold, 68, 1923 108 14 No. Pac.Ter.Co.- lst,g..88 Han.AStJ.- Con.e8,1911 122 124 Hend. Bridge Co.— Ist, 63. 10m3,i 1081a N.O. Pac— lst,68,g.,19'20t "si H.& Tex-C— 1st M.L.,7at llOv 1103i N.0.& No. E.— Pr. 1., g.,6a Ullj 112 lu4Ja Norf.A W.-Oen., 6s,1931 1st, Western Div.,78t.. 103 New River- lst,68,1932 113 ill3ia lat, Waco* No., 78t ... 104 14 87 >« Imp. AExt.— 6s, 1934.. 2d, conao.., main line, 88 67 68 Artjustmt. M.— 7a, 1924. >10334 General, 6a, 1921 79 Houa.E.&W.Tex.- lst,7s Ogd.A LakeCh.— l8t,68-- 100 lil.Cen.- Istg. 4s, 1951... i'0'9" 110 Ohio A Jliaa.— Con8.s.f.78 l'20ia 102 120 Consolidated 7a, 1898. Gold, 3138, 1951 112 108 117 117 120 129 117 122 118 115 "a 108 109 lOrt 108 Ced. P. <fe Minn.— 1st, 78 107 107 109 Ind.Bl.AW.- Ist, pref.,7s 116>8 119 107 li 94 94 1» lat, 5-68, 1909 8234 84 >a 105 10513 2d, 5-83,1909 93 93 "t Fargo & 8o.58,As8u..'24 •98' Eastern Div.— 8a, 1921 nakota & at. So.— 53. Indianap.D.&Spr.— lst,7a 103 106 CDiic. & Nortliwe«t.— Int.* Ot. No.— l8t,6s,gold 116^! 94«4 94 'i 139 140 Consol. bonda. 78. 1915 Coupon, 8s, 1909 68 >a 69 Hi Coupon, gold, 7s, 1902.. 134 Ken. Cent.— Stmpd. 4.p.c. llSia Knoiv. & O.— Iat,6.s.l925 102 102=8 Blnking fuud,Bs, 1929.. Blnkingfuud, 5a. 1929.. 108' 108 Lake Shore A Mich.So.— '112', 108 81ak'gM.,deb.,5a.l933. Cleve. P. & A.,7s 25 years de'i., 58. 1909.. i'o'tj'la 107 Buff.*Erie..lsrew bd3,78 1221a 106 1U13. Kxteuwion bonds — 1926. Kal. * W. Pigeon— 1st. Kacauaua A L.a. — lat,68 I'l's Det.M.*T.— l8t,78,1906 128 Des M. AMin'ap.— l8t,78 Lake Shore— Div. bonda 121=8 125 130 Iowa Midlaud— Ist, 88.. Consol., coup., lat, 78. 128ii Feninaula— lat. conv., 78 131 Cousol., reg., Ist, 78.. 127 Chic.JtMllw'kee— l8t,78 125 (Conaol., coup., 2d, 78.. li5' 126 128 Win. .fc St. P.— l8t,78,'87 10.! "9 Conaol., reg., 2d, 7s... 2d, 78. 1907 HaboniugCoalR...l8t,5e 106 W SECURITIES. SECURITIES. A Hud. Canal— l8t,7s Ask, 103 28 3919 76 118 107 105 It VovtMBZR ! QaotetloBS BK0URITIB8. * ToMka—Ut, 7*. IM>i... IiMid ffTmat, 7« Oiunuite«d, 7s lCansiMI«.6a ,«>••. 10« llOis 93 >s--.1J» ilie lamt gnat, 7s ess 'SST Bari^No.K. C. * WeM'n— 6s. ICC Ton Seen *0. -7s K. Ctt7 LkWT. A 80.-6S.. X. Ctt j-Eit. Jsw A C. B.— 7s X. CUT A MSB.—8s K.C. dmC AHprlogf.—9s unto R. * TV B.-7i Xsr. H. ^k OdL-IMS, es, 11»\ MA ibs'i'lll" 115 61 <^ am. m.Un^ 8o.Pse.-7s.. „ T.A H. Kacl«i6-7s.. Oon.,7s, 1903 in M. R.DlT.,lat, 6S.1932 W. Y. PhU.A Nor.-lst, es I I OoaseUiUtad 6s 41>S< BmCbto * V»L— 7s!! Ark'. 6*....- •— Bmrthcni Kansas—6s BBUaB«-ln .• •Mn-'7s. WlamMsl Cant sin Wsartaa 1107^ IW' »6 niU.AKrlo-l8t.7s.cp. Cons., 6s, 1830 Cods., 5s, 1830 197% 1*7 166 ALowal wsU... 310 — I* Mains taos Pi«r1i]aBas 1 Con. A M.. pnC. J BoTst* B. A Lrna iVi" I* M 10>i <!a:t(erala Hauthsrn Caalral at Masaacboasua Pnt»mA * Eairt-a ;•-• ChssLlrs, p i sleiTSd ~1Uo. J Pbll. AB 33 M A Tr. Meobanloa* \A(> Mercantile.. 105 1H5 100 Pet'r Cooper 153 230 95 100 135 16 People's 107 159 Rntger's.... 130 105 Standard 1 SUr Sterling 65 65 .... Stayveaant 115 ITnlted St'ea 144 116 105 150 105 97 National.... Pbenlx 90 70 110 luo 145 Merchants' Montaok Nassaa 140 120 Paclflo Pirk 6.1 310 10.1 85 115 6 85 ManafcAB North Blver 135 Kings Co 320 Knlckerb'kr 90 O KH UOMPAMIXS. lst.es, 1910.. il6% Sd. 7s, ooap.A rM.,;883 1^6 ^ Oona.,T*. !••., U(U.... 127%' 1137% Oena.. 7s. eooB- 19 1 1 . : 16 Illinois... ilu« 80 140 Home 150 Howard .... 75 Jefferson.... IIH Bid. Westchester 130 WUllam^b'g. 350 Ask- ( no 96 165 110 176 106 165 110 160 136 110 95 70 120 150 136 376 Saa and City Rallrand Stocks and Honda. , Oona., 8a, (., i:R.ai911 Imp., 6s, *., eonp., 1897 Oon., 6s, (., oonp., 1908 OoB., 7s, oonp., 1908 lBOono,7s,ooiip., :886 7a,eoiip., OOBT. A41. Berlp, '86.89 Oma. 6a.u»aar..a..ie3S 130 150 155 111 Meota. ' St.] Hamilton Hanover (Sas Qnoutums by Oio. H. PBKirnM 98 >a Pblla. Newt.AN.Y.-lsl •8 lATopaka... 4kAlba«T.. .— N. Y. BqalC. 165 N. Y. Fire .. 90 Niagara 160 103 Plramon's". 97 Oerman.AjD. 390 Oermanla... 145 Olobe 115 — iss fhlrd 236 12.1 7 1906 103% Parkloa>ai^Ist,eB,cp.'¥7 83 61 BTOCKB1 114 A 85 — Istaar. 129% 136 130 Oreenwicb.. 325 Ooardlan ... 75 365 100 " 226 COM PAN'S. 96 Fartant Ooos., 6s, oonp., 1905.. Oona., 6a, roc., 1819... Pa. I>. T. O.—7s, 1886 ioo' 38% Long Island 92 Kxenange... 133 107% COirPAN'8. |Bid. Ask. .. * 118 . Cradeamen's !03 Tnltei m'rta 201 M 3:<n Empire City Crook- 1st, ea, eoap FHinsxiT.—Oen., 6s, rof. 133 Ooii.,es, cp., 1910 Oma., 6s, rss., 1905... Oil .. IM 130 SLNIohalas. 7th Ward... S)00nd , S loe A Leatb StateotN.Y. 170 135 ,255 Eagle lBe.,es,1933 107 lun P lople'a. . .. P lealx..... l«H tf'oba'ATra- IS.I Veroantlle.. 130 iCeronants ' •.Si Wroh'ta'Ei. 104 tfetropoUt'n ^aasan p»rk iepablto 125 160 IS8 165 160 103 Oriental PMlflo 142 <f eobanlos' 175 103 ISO 180 185 135 130 125 86 City 121 Clinton 117 Commercial.' 33 Continental. 235 Oobantnnes, r«« RortOlk A West.—Oon.,6s 110 Ms, 6s, 4Msub.* UCh.-6« . Na Psnn.-3d. 7s, op. '96. )yo^ -lanoTer In.ATrad'8' :100 140 I-rtng ..aatherKts' 200 Manhattan.. 1.17 Harket IBO I American... 165 Amer. Excb. 9S Bowery 150 Broadway... 175 Brooklyn . .. 180 Citizens'.... 115 O. Pa«.— lat, es, 19a0. 107 157 .. »ew York .. 200 Insaraneo Stock List. [Quotations by E. S. Bailey, 6% Pine nen>otnal Cons, es, C.A R., 1923 If. It's 77 J7a 125 127 •« .••'- •...•.. First Fjurth' 3d, 7s, re(., 1910 60 200 Bid. Excb... Rest River. lltk Ward.. rtfthAre... Leh.V.-lst,6s,C.AB.,'98 64^ SsMBtnrs, lOs OOMPAN'O.l Oom ».Y. NaUEx 120 flnth 127 f. America. 125 lorth RlT'r. 126 O^rm'nAm.. urn Greenwtcb Ask Bid. 200 14.1 . 126 FsMon .. BA.SKS. 300 .. .. a»rfleld 120 280 174 120 180 -••• 130 110 ...... VIO 1300 140 143 15U OontUental. ItliacaAAtli.-lst.cld.,7s 100 1M&, OS Xaxlowi C«ntral—4a 143 390 3500 Oommeroe Harrisb'g—lat,6s, 1883.. H.AB.T.— 1st, 7s,(., 1890 Cons. 6s, 1896 • 1U3SI101 ouiatln CltUene' Olty o.,'l BLA Wmspt-l st,6s, 1810 6s, Ask. Olieinlcal.... A AmbOT—6s, Mort., es, 18S9 Cam. A Atl.— lst,Ts,K.,'93 Oonneofg 6s,qp.,1900-Ol DaL A Boana Br.— 1st, 7a BaatPsim.— lBt,7s, 1888 BaatonAAaib'r— 6s, 1930 lit) I :... 3d, es, 1904. 6«>sf Cons., 6 p. o Catairlasa— Ist, 7s, con. o. |l03>s , Nsw 7s. T«g. coup lOO'W ICoJ. AC. M.— I8t,6s.l914 :i»3 Bid. 170 Am. Bxoh... 136 Broadway... 287 Bntoha'A Dr 181 Central I'JO Obase 160 Otiatliam 205 A 104 100 68 IS«.-«%MW.. l»l . Frain.Kik B.AMoTV.-^s.. 4131 BANKS. Local Secnrtties. Bank Htook L,lai. BANKS. BW. A.k. Ainenoa Ptall.— lBt,6s Cam. 6s aon-«xempt. Ask Cona. 6s.l9'il... Ist.Tr. 6». 1922 Baff.P!tts.A W.—Gen.,68 »7«i CMUnteBc ' 80v-<«.. N.Y.A 8d, 7s, 1908 il03 Biir.*MatnNeb.-Kxt,8a ISO m. 110 Bnir. 96" rimto, 5« Snip.... Bid. BsU's a>p-lst, 7s, 1883. 1st, 6s, 1905 Con., 6s, 1813 Bid. BQ!4TUtl. 603 New York Boston, Philadelphia and Baltimore. BECCRITIKS. Ateh. THE CHRONICLK. 90, 1886. J ioi%i 104%lh4>4 "-••1103% 62%' 63% J»l%...... 74% M Bid. tfraoklyn Uaa.ljcht OlHsans' nsa.Llaiit BfflMlt 106 63 104 86 60 100 "nosolldated nas 86 J wsey City A Hoboken... leo MstropoUtan-Bonds 114 Hatnal(N. Y.) 106 Bondf, 6 103 NsasaatBuyn.) 100 100 Scrip P«opla's(Bklyn.) ssr..e..l9S8 Ooaa. 6a. OobaatBroeoap., 18MI Wall Street.] Co., Brokers, 48 68 Aak. Bid. 103 100 120 Bonds, Os..". 110 MetropoUtan (Bkiyn.).... 70 ii7" itnnlclpal- Bondr, 7h 105 108 Falton Mnmolpal 135 103 105 104 Eimtabia 116 101 Bonds. 6s 110 60 1U3 !in A GAS COMPANIES. People's (Bklyn) — dds, 78 ASk., 104 135 114 76 110 140 109 131 lis RR. QaoUUons by H. L. Qbakt. Broker, 145 Broadway.] ICliy OoaT.,7s.B.C1893 7%i OoBT. SI'okerBt.AiFalt.P.—BU. 7s. ep.off, Jan.,'86 38 1st mort., 78. 1900 113 Sr'dway A 7tii at.—st'k.. Delerrod Incomes, cp WU.A Bait.—4s,u.ct Phil. Pitta. ClB. A8t.L.— 7s.. B.—7s,op. Pitts. Tttoa. tij" 1st mart...1x, 1904 A Sanb.ALewlsrn"7s.C.'."96 9»V an.CMa.AOorB.— lst,7s. lia. * * OnU mfanad Zim. O. ttpnacf. * Maa. CSto Back * n. BBlth. call. Cltj Ft. S. 1136 «ll >4II^ l3^ IfS. 117"^ i3V v.— > >• Vo 8 ?» i» 7% ilS% l^ »' isi' .DBLPBIA. ( _ I _ A A UanUa.... ^Taiansd ............ II%I lUV 89 58 iJ6'% 56% TIpralsfTsd PalawwaA Boond Brook 147% 60 411 balra A wuu^saport. l-rafsff*! nBttaCd** A Broad Top dAjTAL B0WD9. A DeL-lsl, 6S.1886 00 Lablgh NaT.—4 >%». 1914 Mort. BR., rof., \897 . OoBs.,7s,ro».,1811... PanaTW.-6srep.,1810.. MIraylk. NaT.-lst.6s.tt. SdTfls. rog.. 1807 0ALTIMORB. BAtLB'D BTOCKS.tPar Atlanta A Cbarlotta. Baltimore A Ohio ...lOOx 41 64 lOantial Ohio—Oosn Chicago lat 52% 79 79 67 S 133 i'9V i I Jtntj'ii'iJiiMmiii'.'. OAKAL 8TOOKK. " ' ~J«i I,*l«li NsTintloa.. NaT., pro ,prol.... »p% »» 48 68% AarlkUl BAILROAD' BOKDB. IklLROAD BO Api*. )-10a. tt Val.-7 SI .1910 jid.,«aap.. -91 lia. 7a, said., «« Bait. A O.K. »M»-Car1ii. •alTM's OaL— tswaaJ9M »4.8a.l»W > Km tITIimrt t AO 8 iM% 1st, a., J. A J. 3d, rnar.byW.Co.,J.AJ. J 6a, Bd, gnar., J. A 113% JVllm.C.AAng.-6s WU. A Waidoo—6s 1!» 101% 103 t 7« Ia4s<aalt. lUwtpiteathlaweek. -trk. I., mort 3d mort 34% 110 63 2% . . A Wloh.. St. l,oiil8 Ft. S. Ht Paul E.A Or. Tr., 1st 6a 65 . . TuLA. A.A 1% 98% 100 30 34 93 87 36 Si 29 53% S3 13 16 N.M 30 Pret ..•> 31 44 mort 95 68 InoamM . 106 60 1« West N.Car.- lat 45 •.> 10 1st mort 3d mort 13 13' 94% 88% 24% 35 100% 100% 18% 19% Ist mort.. 68 UUh Central.- l8t, 68.... 80 6% Vicksb.A Meridian 6% 69% 105 S3" L. T'ndera. ni"rt.... 100% S 9,499.100 9,727,800 9,675,400 N'v. 6 I48..12«,4>)0 1!'|H6.233..300 Agg.Ol'ng I S Oot.30 M4..')00.000 Clrcnla'n Depoaits. ' 8 Specie. .1- • S 3,533,100 lOt.092,100 15,250,100 3,403,500 1 10.0J7..100 14,200,600 3,464,701 Philadelphia Banks.—The 110,04'j,'01l|la.8'l7.00ii totals 77,143,134 9.<.9T9,654 t'0,479,268 hare been as follows: ior% 103 3d,pret.,J.A J 121 113 Psvskais. — A 8s A Isl A Texas, stock bt.Ja.AOrand St. lat 1886 6a.8artaa B.... W.Md.-6s. Pensacola |A Atlantic... 23<^ ....*• ...••• .»• 36 Nonhern.... North. Pac.— OIT. bsiida.. North RlT. Cons.— 100 p.c 13 111% 41)% Plt«sb.AOsa'sUa.—7sJAJ Cnlon BB la(,Si>a-l*J Canton andorsao. 62% Virginia Tenii.—6a • A 1^ lai W.Sh.A K.-»to«k. Y. .•». 44% Boston Banks.—FoIlowinK are the totals of the Boston banks t 3ds No. Central—4 %s, J . A J 6s. 1900, A. Sa.(old.ieaO,J.AJ.... ia.l«t1aaA 316 JI.J. N. Y ureen'd L,ake, Aak, 73', ...... scrip.. .... 33% lat A N. Y. City Dee Moines Pre! 1st Inc., 5s, 1931 114 43>4 1st mort Pltlsb. AWost.— Ut mort. Postal TeLACab.,wh«n Us Chea Rich. York KIT. L. R. 1st, 88. IVS 250 119 850 Bid. A 3d mort <.. Mexican National :»% ColomblaA UreonT.— IsU U3 ..... 3d pret Bonds, Istes Ke«lT Motor 3ds 8ds N. y. awrt Memphis A iid' Ohio 1st mort 93 78 Ohio......... lat pret...... . 107 2(i6" SECURITIES. Mich. 30 1115 Preferred 117 36 113 66 136 lie 120 180 lbs" 101 tst nor'., 78. 1893 New Jersey A 17 A Ft. Dodge 107 200 110 325 \W Twsaty.thiM HI.—otook.. 345 M.K.AT.-Iooome 93 47 Kanawha A Wash. A Bait.— lata. letmori.. 5<, IIIIO UonsoL, 78. 1888 sixth AT.—nUHIK lat mori.,T8, 1890 Third AT.— »i'"i« Bonds, "8, 1890 64 13 Oeorgla Pao.—Stock..... IstGs 2da 17% 17%l lao. 35 % Baltimore A Ohio—4a .... 56% Uaa.Oblo.—6s, lst,M.A8 61% ObarLCoLA Aug.— 1st.. 105 190 107 A 210 113 43d St. Mann. A St. N.Ara 35 let mon.,t'>8, 1910 109 Sd mort., inoum|( Us 60 iousu W.st.«P. FT-atk. 130 113 1st mort., 78, 1894 Vlnth Ato 110 aaoond AT.—atonk Ask. »o»«««4bOr.W 60 60 60 Waatam Maryland BAILBOAO BONDS. 3d — A B.— lorip, (l8 lLl<btb at.—«took Bcrlp, 68, 1914 43d Ur ml nu |i"rT— »tk 1st mart.. 78, 893 . 39% 60 Oont. Oons. Imp. Co. OOD. A B.O. PI; when Us'd Prol Ols. A Can. So O. D. E. B. —Quotations from both exchanges: ' Amer. tottou oil Tmat... Am. Bank Note Co Amer. Tel. A Cable Bank.AMerch.Tel., gon.M Best. H. T.A West.-8U. Debeutoros Brookljm KloT'd-stook lat mort 2d mort California Paclflo l«t mort., 7s Atlanta A Chart.— 1st.... 133% M 64 !11» 1st mort.. 78, 189.< SF.rURITIKS. &V.Yiir.:::::::::: Idpref Parkersbnrg Br 120 .110 Ory Uk. B.11.A Bat'T—atk OoM.6s.190e WJar*^AtL-lat,6a.O. Chsa. 180 106 165 106 145 165 118 Unlisted Secnrities. 1st pre( 18 88 OMAWtaaa— 1st pratai iad Kast rsnnaTlTaala W.Jansv-lst.es.op..'96 Taalarn Paan.—6a.oonp. ... 133 110 AD BTOtlkn. B.Y. * PhU..asa.pd. Was* C^ostor-Cons. 7s^ 106 IOO 100 196 110 166 113 166 166 136 130 125 133 116 160 116 rAimhst—»tk.il30 Booile, 7», IMS'* 1st, 7s. 1809.. }46 tSO 1178 16 l»* . Ohrtafph 4a. sold, 1838. .. F.-Isl, 7s. -96 106 6X% 104 lull Consol., 7^. r.l02 a«B.. .M% Wama A 107 Itaah-aABooh A Pae.— 1st, 6a.l906 OBIaa A ntnar.— 1st, 7s. Oana<».J.-Oau.6s,'84 .^68 Ooaa. 6a.goM. 1901. .18% 08Ba.Sa.feM. 1908. . tOsatnl _ .^Haa^bt'nAOBX _ft<4ai I so. ....... ...... Itelsna Caatral a. T. * Now KacUad 133 Voasol_6a, 1906 Hnrlacf d 5ii, B%ray Snriaue uus.gnar.. Bonds guar., 5s. liMiS ... Brooklyn City—Mtons lac mort., 5a, 1002 BUyn. Croasiawn—Htook. Ist Buwt., 78. 1888 •aahWk AT.(BKin/—Bt'k Catral Orasstovn-atk.. 1st mort., G8. 1822 Omt. Pk. N.« K. KiT.-Bta uaBbaiT A Brio-lst, 7s. saak. Haa. A W.-lst, 6s SSi C. Clin. Sdmort.. tahaioklaV. A Potts. -fs 104 107 i3» 3U 116 300 ^1 103% 1886. Loana. Circula'n Agg.CI'ngS. B4,tidB.70U 4.G73.340 4.^11,800 85.584,700 4, ',123,000 55.262,610 63.935,831 58.631.686 Lawful Mou'y Dopoaits.* iio" 125 111% ViO • 87,160,200 33.601,400 33,312.8 >0 83.041.800 86,4!.«. 110 86382.800 Oct. 30.. BTOT. I s 8 3;«,58J.10O •.^aelndlng thaltam "doe to other ban^" THE CHRONICLE. 604 New York City Banks.—The following statement ahowB ihe condition of the Associated Banks of New York City (or ihe week ending November Loam and 2,370,900 840.000 1,922,000 162,000 1,068,600 639,000 1,767,000 486.000 1.671,800 373.600 588.000 132.000 9,;oi,0.)0 4,788,200 829,000 2,669,300 861,400 177,600 1.246.100 789,500 71,100 17,998.700 9.440.400 431,100 2,874,000 682,900 146.300 6.423.100 895,900 871,800 1,808,0 JO 344,800 91.300 l,57ti.o00 •JO 1.000 97,000 1,164,400 126,300 130.700 3,801,200 647,500 110.600 1.115.000 288.600 28.400 8.621. ICO 564,000 216,000 6S7.000 15,912.000 3.893,01)0 18,26H 930 2,279.300 1.114.100 5.253.600 816.500 213,500 6,226,100 1.4H8,600 376,700 3.341,900 657.300 163,000 6,659.200 1.484.700 349,600 4,522,400 244.800 875,200 1,877,100 XSO.SOO 140,700 169,800 2.903.000 345,300 425.400 9.158,800 2,588,300 621.100 3,060,000 179,900 7111,700 131,700 2.376,100 2,6^4,500 265,400 269,700 3.1(-0,700 634.100 127,600 2.006,t'00 185.200 75.900 3.604,000 892,000 115.000 6.486.400 8^4,400 201.000 4.616.800 906,500 604,800 202,100 274,800 2,066.800 20,169.900 4,276.700 1,328.400 17,902.700 5, 199,200 777,100 14»,000 163.000 1,897.000 167.600 126,600 1,149.700 483.400 17.232.000 4.018,200 694,000 8,870,000 1.722.000 815 000 226.000 3.225.000 318.700 5,216.900 1,130.400 497,300 18,6y9,200 4,991 ..800 166,800 1,124.300 4,884.00(' 130,000 203.80U 1.360.800 320,000 310,000 2.330.000 251.600 461,100 2.20».90O 90,,'(00 372,000 2.582.100 907,-.00 132,800 3.306.300 7H8,100 85,700 3,175,100 260,000 360,000 2,277,000 112,000 362,500 2,485,400 859,800 29,500 1,811.000 600.600 158,600 2.603.600 26.^,200 116.200 1,614.600 255,800 153 o;)o l,a!9.80C 266,600 847,000 3.241. 6l>0 383.500 247,200 1,759.600 300.400 111.200 1.921.300 407.80 71,100 1,761,200 MeoliSDlog' •-•> Phenlz Olty TradeBioeii'i ... Fulton Chemical Uerchants' Bxoli. Oallatln National.. Batobers' A Drov.. Mechanics' A Tr.. Greenwicli Ij«ather Manofra. Ward Seventli State of N. Y Americ'u ExcU'ge. Coninierce Broadway Heroautile Pacific Bepabllo Chatham Peoples' North America .. Hanover imng .. OlUzene' Naasan Market Nliholas * Leather.. Com £xciiaDge ... Continental St. Bhoe Oriental Importers'* 1 rad, Park North Blver East River Fourth National.. Central National.. Second National.. Ninth National... First National Third National ... N.Y.Nat. Kioh.. Bowery N. Y. County German--\meric'n. Chase National... Avenue German Bich'nge, Filth Germania United States Ijincoln Qarfleld Fifth National.... B'k of the Metrop.. West Side Beaboard Sixth National weeks following are totals for several Loant. Specie. $ DepoHU, L. TendeTf. S 1886. areata Hon. t 10,300,000 8,933,000 6,822.100 7.046.000 9,221.H00 'is.boc 2,7117.000 365,0O( tS.OOi 11,677,300 3.203.500 1.784.100 23.756.100 3,132,200 6.197.600 1,785,600 1,742.000 1,176.200 2,640,000 1,061,100 8.633,700 13.274.000 'eo.oof 105.90( 809,50C 223,9ac "2,601 536,400 41,200 S 980,400 45,000 44 9C0 ',2,4H3,600 4,686,300 6,864,400 2,809,100 6.7(15,600 348 701 4,820,400 2,520,100 8.273.000 10.267,800 2,8(4.000 8.017,000 3,001.700 2.783,100 1.823,800 3.945,000 5.678.300 6.346 000 2.015,100 21.774,400 22.153.600 2,123.000 065.800 17.752,300 8,670,000 45,0' 180,00( 833,800 90,000 Railroad 49.601 984,4011 45,0t>C 224 301 360 OJC 45.000 5,571.800 45,000 273,400 lU.42t'.700 4,950.100 1,202.900 2.430.000 2.861,100 2.303.400 4.218.700 3,281,600 2,972,200 2,837,200 200,001 224,050 180,001 45,roo 44.3U0 45,000 131,600 4,].i6,100 3,097,200 1,720.500 1.474.630 4.060,200 2,147.800 1.819.600 2,010.600 44 5(0 )80.0>o 8,116,1.0 past: OircuUMoh Agg. Cten- \t 8,237, sno e-'S 09«!.064 8.173,200 735.600.027 8,116,100 704,572,284 on p. 603 Earnings. Latest Earnings Reported. WeekorMul Atoh.T.&S.F,. September August •Sonora Bait. & Potomac Beptember Bnff.N.Y.A PM. 2cl wk Nov Bnff.Roch.&Pitf 2d -wk 1885. 1886. 1, 46>i,246 16,858 122,636 46,300 28,971 71,560 14,621 17,577 59,877 269,000 Nov Bnr.Ced.E.&No. 1st wk Nov Cairo V.& OMc. 2d wkNov Cal. Bouthern. .. IstwkNovi lOamden & Atl Sepiemberl OanafUanPacittc 2d wk Nov; 24,241 Cp.F'r&Yad.Val October ... 30,H24 Central Iowa... Isl wb Nov Pacific. August 1, 557,818 Central 388,992 Ohesao. & Ohio. September 95,802 Ellz.Lex.&B.S. September 160,944 Clies. O. A 8. W. September 171,lii5; Alton Ittt wk Nov Obloaeo <fe 34,331 Chlo. & Atlantic 2d wk Nov I Ohio. Burl. & CJ. September 2, 724,588 40,984 Ohlc. & East. ni. 2d wk Nov Ohio. Mil. ASt.P. 2d wk Nov 621,000 Ohio. & Nortliw. 2d wk Nov' 575,800 4,957 Chic. &0. Riv.. 3 wks Sept Ch.8t.P.Mln.&0. 2d wk Nov Ohio. & W. Mich. IstwkNov September Cln. & Eastern Cin. Ham. & D 2d wk Nov . . 01n.lnd.8t.L.&0. & 2d wk Nov Mack.. October Cin. J. Cin. N. O. &T.P. Ut wk Nov Ala. Gt. Soutli. Ist wk Nov N. Orl. & N. E. iHt wkNov & Mer. Vloks. Bh. &. P. dn. Bel. & Mob. Vloksb. * . . wk Nov 1st wk Nov 1 St August Uezlcan onnenoy. ... I 162,500 27,159 19,848 59,545 47,489 16,419 56,951 28.297 16,620 12,664 14,669 7,567 Jan. 1 to Latest Date. 1886. 1885. ,385,585 11,052,,675 11,038,536 197,594 178,,U67 22.070 974.271 112,0711 979,.20; 2,098,170 51.000 2,260,,460 27,551 1,063,,735 1,080,871 73,241i 2,407,,420 2,586,840 560,,550 10,116 533,,846 ,«i00,,835 468,866 8,603,,786 7,231,217 171,334 184:.486 1,096,.595 1,085,008 ,370,516 10,214,,555 9,335,139 309,0971 3,025,,28o 2,454,923 509.509 72,519! 676,,151 138,892 1,186,,030 1,108,916 170,4891 6,712,.587 6,726,695 26,969 1,3>8,.335 1,155,188 2, 640.035 19,326,.863 19,050.141 40,218 1,516,,614 1,425,78!) 634,030 21,222,.876 20,679,981 535,800 21,H40,.618 21,170,220 56.031 205,000 22 353 29,073 5,641 145,300 28,067 14,704 56,996 44,000 12,647 57,135 20,562 13,222 14,833 15,074 6,676 5,267,.005 1,195, 111 5,049,512 1,099,570 2,244, .517 2,061,083 106,183 2,224,296 882,412 552,625 362,120 332,670 U9 423 2,376 ,684 982, 091 513, ,227 410, 168 394, ,83 J {Andbrauchee. wk Nov wk Oct 1 FtW.&Den City October GeorKia I'acltlc. 2 wks Sept Or. Rap. & tud.. September. Grand lYunk Wk Nov. 6 GullCol. AS. Fe. 4th wk Ool . . . . wkNov IstwkNov m.0ent.(IU.&8o) Cedar F.&Mln. Ist wk Nov Dub.&Sioux C 1st wk Nov la. Falls* S.C. IstwkNov Tot. Iowa lines Istwk Nov wk wk Total all lines 1st Nov End. Bloom. Nov 1st Ind. Deo. Spr. October... AW. Jack.Tam.AK.W Septemlier K.C.Ft.S.AGulf. 1st wk Nov Kan. C.8p. AM, iBt wk Nov Kan. C.Cl. ASp, IstwkNov Ist WkNov L.Rk.M.R ATex September Long Island 2d wk Nov IstwkNov LouIs.Ev.ASt.L. Louis.A Mo. Riv IjOulsv.ANaahv. Lou.N.Al.AChlc. LoulBv.N.O. AT August 2d wk Nov 2d wk Nov October. .. Maine Central., September Manhattan El 1st wk Nov Mar. A No. Oa.. October Mar.HouKh.A O Ist WK Nov Memphis AChas. IstwkNov Mexican Ceut'i, 2d wk Nov •Mex.N.,all lines October Mich. A Ohio October . im.L.Bli.A West. 2d wk Nov Milwaukee A No 2d wk Nov Mlnn'ap. ASt.L. September Minn. ANo. West. IstwkNov . . . . . . '46,0:)< latest railroad BOADB. St 4tli Lehigh AHud><)ii October... UKk.AFt.amith Sei^tember earnings and the totals from Jan. 1 to The statement includes the gross latest date are given below. earnings of all railroads from which returns can be obtained. The columns under the heading "January 1 to latest date" furnish the gross earnings from January 1 to, and including, the period mentioned in the second column. The PUnt & P. Marq. Fla.Ry.&Nav.Co 436.701 44,001' 1 E.Tonn.Va..VOa. IstwkNov Evanf.&Iiid'plis Isl wkNov Evttusv. <te T. H, IstwkNov LakeE. A Wert 3,MS8,fl00 will be f oua Dea. Mo. & Ft.D. 1. WkNov St Det.I,AU8'K>t No, 2d wk Nov 432. 10( $ The Boston and Philadelphia banks Danbury & Nor. Siplember Den v. & Klo Or 2d wk Nov Denv. A K. (}. W. Oetober ... A ] Oct. 80 341.401.800 76.6:11,200 17,049,600 349.128.100 ICov. 6 340,H»4,»0li 77,070,000 16,242,6(;0 350.718,800 " 18 341.946,800 78,005,200 17,818,000 361,719.400 Cin.Waah.& Baltilst wkNov raev. Akron* Col 1 st wk Nov Clev. & Canton. loetober... Clev.Coi.C.it Ind Au,i{ii8r Col. & Cin. Mid. Ist wkNov Ool. Hock.V.AT. Oetol)er lIoiie.&Tex.Cent Ist 341.046,800 78.005.200 17.816,000 361,719.400 Total The DtpOtiU other Uum V. a. S 11,080.000 8,927,000 B.919,700 8,004.000 10.704,700 8.040,000 Marohants' Axaericft SH Ttmuri. • HuhBttan Oo Week or Mo 1886. Jan. 1885. 1 to Latest Dale. 1880. 1885. .11 Amount of— Uaal Bptcie. DUcvuntt. KewYoTk Latest Earnings Reported. BOADg. 13, 1886: Averaot Bankt. fVoL. XLIII. . 39,775 10,112 33,816 408,538 5,887 257.190 25.364 168,000 101,400 7,424 23,061 89,400 3,710 14,548 37.366 23,828 5S,499 36,508 191,597 379,050 65,666 101,351 245,000 3,300 20,700 15,100 39,100 284,100 62,213 41,266 23,707 49,749 33,5(iO 3,528 20,796 20,607 60,415 28,300 54,448 18,219 49,540 306,150 39,925 187,219 335,289 156,740 13,900 26,240 45,547 88,400 164.874 22,698 45,460 14,876 154,625 13,165 32,071 221,657 13,200 34,764 9,197 27,119 341,161 4,662 246,713 24.478 133.695 126,883 7,870 26,092 91,204 1.681,073 1,054,757 3,509,954 1,430,272 429,119 242.316 2,272,063 108,853 1,953,981 168,260 5,309,282 812,379 316,985 1.072,991 3,402,306 15.165 36,810 26,190 4i,793 25,065 190,517 314,471 80,679 89,907 247,184 2,807 19,150 14,147 36,104 283.288 45,209 34,182 4,909 50,117 26,493 643,157 1,820,595 620,743 1,628,311 340,394 512,490 386'752 416,034 454,003 296,263 2,575,897 268.239 1,959.114 176,299 5,776,402 851,6<>3 282,220 ,480,967 1,405,843 14,340,565 12,664,286 1,760,708 1,405,633 2,412.429 2,075,173 8,761,89.'! 8,994,261 1 147,064 795,498 109.597 752,216 524,527 517,8001 1,460,452 1,386,340 10,222,348 10,380,602 2,167,682 1,986,473 348,193 177,333 2,088,537 1,265,617 195.645 297,696 78,516 2,166,217 1,282,748 999,348 17,769 1,084.439, 145,772 17,019 177,286! 371,186 431,049; 49,797 211,614 26,245 243,180 49,580 2,710.207 2,573,163 731,5801 600,839 15,629 358.892 52,250 350,264! 270,310 12,056,956 11,921.800 36,972 l,619,335j 1,456,443 934,546 163,201 1,279,752 309,309 2,281,121 2,140,436 134,787 14,080 33,224 77,700 126,398 20,297 32,775 11,815 910.528 1,135.990 3.209,018 1,430,080 182,791 2,033,403 761,390 1.063,178 3,049,863 1,264,532 151,166 1,191,060 486,560 5.-i0,339 1,087,6711 1,240,299 8,106 383,930 30,73313,255 Miss ATenn. .. Septemtier 263,388 253,956 1,519,145 1,640,289 a viobile A Ohio October .. Nish.Ch. ASt.L. October 191,846 1,957.056 1,759,712 US. Y.C.AH.R... October... 3,190.361 2,245,487 26,820,120 19,864,760 391.602 9,296 477,6171 10,292 K. Y. City A No.|Wk.Nov.l3 cS.Y.L.Erie AW. August... 1,659.120 1,437,348 11,779,097; 9,839,682 441,338 3,992,6661 3,114,185 N. Y. Pa. A O. August.... ,577,317 390,737 351,6 111 2,907.929 2,488.741 S. Y. A New Eng. September 24,5861 1,179.709 1,097,257 6N.Y. Ont. A 2d wk Nov 25,680 803,519 799,292 St. Y.Susq.AWest September 102,817| 105,3541 61,806' 2,779,745 2,347,787 Sorfolk A West. 2d wk Nov 75,758| 3,965,618 -Vortlieru Cent'l. 'Sei^teiiiber 472,945 504,754 4,006,833 Northern PaclUel 2d wk Nov 323,400, 301,459 10,848,070 9,939,246 93.364 77,497; 3,313,214 3,1.50,647 Ohio A Miss 1st wk Nov 377,076 41,i,937 52,130; Ohio Southern October 54,993l Oregon Imp. Co September 286,569. 241,496 2,144,741 2,109,101 643,000 606,2121 4,412,281 3,980,616 Oreg. R. A N. Co October . 151,8801 186,128 1,293.277 1.138,916 Orcg. Slio;t Line August Peniisyivania... September 4,674,052 4,276,628 36,866.283 33,237,632 635.880 6114,6119 14,075 14,1671 Peoria Dec.AEv. 2d wk Nov 357,034 338,775 2,697,762 2,361,622 Phila. AErle..-. September Phila. A Reading September 2,929,616 2,800,388 21,921,871 21,093,194 Do C. A Iron September 1,648,815,1,754,214 10,878,475 11,172,254 435,144 425,516 3,308,456 3,249,361 Rlchm'd ADanv. October. 155,124 152,939 1,289,653 1,294,129 Va.Midl'd Dlv. October 656,892 623,615' 95,477 87.421 So. Car. Dlv. October . 542,898 481,017; 88,737 October 67,902 Col.AGr.Div.. 392,017 440.993 46,771 52,569 West.No.C.Div October... 308,476 165,144 1,613,709 1,064,753 tRome W.AOt'd. August 946,352 23,450 ISiSSS' 1,013,058 8t. Jo. AGd. Isl. 2d wk Nov 25,129 26,864 1,061,183 1,068,764 8t.L.AltoiiAT.H IstwkNov 639,044 650.463 14.747 17,244 IstwkNov Branches 985.872 36.453 1,416,752 51,405 St. L. Aik.ATex. 1st wk Nov 112,900 111.733 4,128,732 3,753,702 8t.L.A8an.Frau. 2d wk Nov 1,320,672 1,171,885 38,540 33,464 8t.P»ulADuluth 2d wk Nov 945,998 1,004,789 5,901,192 5,974,681 9t.P.Min.AMan, October 495,015 51,998 70,447 Scioto Valley ... September 512,737 533,333 76,925 85,222 Shenandoali Val .September 781,249 774,219 101,899 113,427 South CaroUna.. September So.Pac.Comp'y2,202,626 218,811 322.143 1,920,582 aal.Har.A8.A. Septembo' 34,522 7,501 4,313 G.W.Tex.AP September 424,818 469,257 57,267' 47,006 Louis'a West. Scptcmbei' 335,624 372,692 2,864,523 2,790,071 I.AT September Morgan's 111,260 18,440; 23,546 N.Y.T. AMex. September 708,577 714.312 77,304 89,285' Tex. A N. orl. Sep ember 723.771; 850,191 6,114.429 6.292,090 Tot. At.Sj stein September 2,233,809 2,013,614 17,12«.3-'5 15,802,391 Tot. Pao. Bys.- eeptembor September 2,957,579 2,863,805 23,240,753 22,094,479 Tolal of all 583,249 •04,629 54,882 56.712 Statenlsl'dR.Tr October... 612,790, 692.187 4,569,041 4,260,785 Texas A Pacilie October 28.603 33,919 roLA.A.AN.M. October 692.808 18.305 4,476 Tol.A Ohio Cent 2d wk Nov Onion Pacttic... S( ptember 2,5 17,793 ,2, 160,920; 19,153.669 18,272,613 444.137 46,944] 53,967; Valley of Ohio.. September 10,2'26,9'52 Wab. St. L. A P. 2d wk Nov 255,000 2511,000,11,087.097 133,726! 125.123 1,077,141 1,018,062 fWest Jei'sey... Septemlier 1,274,460 1,236,977 29,651 32,138, Wisconsin Cent'i 1 St wk Nov 147,461 232,623 3,807 7,430 Mln. St.C.A W. IstwkNov 128,839 254,034 3,200 10,58ll Wis. A Minn.. is' WkNov 135,5.57 W . . . . . . . . . . . . . a For purposes of comparison, St. Louis A Cairo, now operated by Ist of the Mobile A Ohio, is Included In both years from and after the to 6 Figores of earnings for last year have been adjusted so as basis of comparison tl e same as tills year. . „, Ohio. Pennsylvania A c Not including earni igs <if New York in 188(5. „ . „. II Inciiuilng West SUoie . In 1886, the Utloa A Black River Road, t iQcludiDg tince April, . t And branches. make NOTOCBER THE CHRONICLE. 90, 1886.J Investment AKD 605 and Chester, Penn., handsome passenger and brick are being built. At Twenty-fourth and Chestnut streets, Philadelphia, the main station is in course of erection. The structure will be substantial, ornate, and complete in all its appointments. The princip.il officer of Th* IXYSBTOBS' SUPPLEMKNT eotUaitu a complete exhibit of the division will also be located in the main station. The tJu Funded Debt of State* and Cities and of the Stocks and Schuylkill River East Side Railroad, in the City of PhiladelBond* of Railroads and other Companies. It is published phia, is the connecting link between the Pnilad^lphia line and on the last Saturday of every other month—viz., February, the system of the Philadelphia & Reading Riilroad Company. April, June, August, October and December, and is fur- The work on this part of the route has necessarily been diffinished without extra charge to all regular subscribers of the cult and tedious, but its completion U anticipited in the Cbboniclk. Extra copies are sold to subscribers of the month of December, when oassengers from New York wiU be carried, without change of cars, to Baltimore, Washington Chbokiclb at 50 cents each, and to others ti tl per copy. and all points on the system of the Biltimore & Ohio Company. The Delaware Branch Riilroa'i. extending from a point on the line of the Schuylkill Rver East Side Riilroad, is also nearing completion. By this branch the principal docks and Baltimore & Ohio Railroad. large manufacturing establishments on the Delaware River {For the year ending Sept. 30, 1886.) Wilmington, Del., stations of stone matlroafl |nteHtflettce. ANNUAL REPORTS. will be reached. of President Garrett was submitted at " The increase in the earnings of the Baltimore & Ohio the annual meetiDg in Baltimore. An analysis or the figures Telegraph Company for the fiscal year ended September 30, at the report will be found in thn editorial columns of the has been 172 per cent compared with 1884 and 41 '25 j/er cent Chronicle, and the following are extracts from the report compared with 1885. In the mid^t of acute compatitton, the itaelf: large and increasing patronage thm commanded demonatratea The result of the operations of all divisions in the past two the strength of the company and the value and efficiency of jrou* is shown in the table below: The fact that the Telegraph C impany, in addiits service. ^Eanilii«8, 1885-86.—. tion to its value in facilitating the varied business operations .—Eamtnim, 1S84-83 The annual report OroM. Net. aroaa. Net. 9,733,252 «3.969.flOO 99,84M13 $4,026,366 Main stem, etc 23t..'>0e 323.320 194.771 81S.308 WMhtMrtoo Brancll... 663.044 101,347 48.848 847.757 PvkafSbaMBrwMsh... Central Ohio Dlrialon. LiUe Erie DlTUion .. Chlcan DtTlaton 1,060.166 817.785 1.721.612 FUmBoik IMrUlon 1,<>99,960 39&,8.'M DIr. Dlvltlan. 399,373 119.918 261,605 778.419 7,840 Mew^admenetAStna 1181430 <Ief.'29!ib2 1 Pitt. 1,270,476 1.013.014 2.09'4.568 3,430,085 446.259 114,767 214,291 473.52 309,711 269,916 842.421 13,430 15.246 35,208 1 9ie.ei6i«42 •S,e43,0S7 •18,422,437 »6.386,694 Tbuia " It is shown that the earnings of the main stem and the branches stated, in comparison with the fiscal year 18S5, have incKMed 9113,361, and the working expenses have increased 996,800, making a comparative increase of the net profits of 9M.465" The expenaes of working and keeping the roads and machinery in repair amounted to 95,820,347, being 59 10 per cent upon the earnings, showing a decrease of ll-lOOths of 1 per cent compared with the previous year. " emi-anBoal cash dividend of five per cent upon the eafrftal stock was p«i<l on the 21 of November, 1335, and of fonrper cent on the 17th of May. 1886. " The profit and loss account shows an increase for the past It will be seen by this account that flseal year of 9882,845. the surplus fund, which represents Invested c tpital derived from net earnings, and which is not represented by either stock or bonds, now amounts to 948,047,461. "The payments for investments on account of the sinkini; fnnds for the redemption of th& sterling loans due in 1895, 1809. 1910 and 1937, during the year amounted to 9642,600, which, at 94 S4 per pound sterling, make £133,768 15s. Sd. "la aooordance with the agreement with the City of Baltimore, the eleventh annual payment, namely, 940,000 of the priac^i of the bond for one million dollars given for the purchase of the interest of the city in the Pitubarg & ConnellsTille Railroad Company, has been made, thus reducing this obligation to 95e0,000.'' • • • "Tlie coal trade of the main stem shows an aggregate of 8,679,448 tons, which inelades 489,861 tons for the company's aamly. Of this quantity, tliat transported for the public, deuvei«d in Baltimore, is 2,187.448 tons, and that delivered at local and western points 946,639 tons. In the flxcal year, 8,497.998 tons of coke and coal were transported on the Pittsborv Divteioa and 1,829,681 tons of coal on the Trans-Ohio diTtsioiw. The aggregate of ooal and coke thus transported. inclnding all dlvWons, was 7,480,867 tons, showing an increase for the year of 1,089,691 tons. " It is shown by the report of the Oeneral Manager that the toaaace of through merchandise East and West has been 9,781,ri9 tons, while in the preceding year it was 2,838,147 A tOM, showing an increase of 892,972 tons; 752.150 barrels of floor and 1.3.718,428 bushels of grain were brought to Balti- mcre during the fiscal year, being a decrease of 14,013 barreU of flour and an fncreaae of 670,170 bushels of grain as compared with the preceding year. Of this aggregate of grain. Ltf7,lS9 bushels were wheat, 9,474,275 bU'^hels were corn and 964,108 boshcis ware oats, being an increase of 237,18t bushels of wltiiat. an increase of 1,090,416 bushels of corn and a deenM0 of 988,895 bosbels of oats. In live stock the traffic has iMHt 70,920 ton*, an increase of 2,330 ton% and in lumber brotutht'to Baltimore 93,881 tons, an increase of 6.271 tons. " The tonnage of through merchandise east and west was : Tans. 1871.. 1873.. 1878.. .^87.<^09 rt 10.2>I5 "74., I •; ' I I Torn. Tons. I 43.V207 1877 1878 1879 1K80 1841 1843 1.047.645 1,149,499 1,425.620 1.98O.307 2.014.110 2.013,227 1883 1884 1883 1888 2.108,325 2,275.252 2,338,147 2,731,119 . ORNKRAL BRMARKB. "The line between Biltimore and Philadelphia waa opened road for paaMnger and freight traffic on the 19th ultimo. The steel rails and slono balia sBrtctiyflrrt-claM, being laid with warebwted. Commodious passenger stations and freight and ho«wsa have been sreotad at many points, and at Newark R lilroad Company, has not only paid to that Company the azreed annual rental for the use of the wires on its railroads not needed for railroad purposes, but has also shown a satisfactory net earning capacity, fully vindicates the wisdom of the Board in establishing its telegraph system. The poles iintained and imand wires of the entire system have been proved during the year, and extensions continue to be made from time to ti;ne to meet the requirements of the public and the gn^owing business of the Company. of the m East Tennessee Ylrginla & Georgia Railroad. {For the year ending June 30, 1888.) A map of this company's extended lines is regularly published in the Investors' Bopi'lement. The annual report for the year ending June 30, 1888, has just been issued. The road was oparated during that year by Mr. Henry Fink, Receiver, and his report say:*: " The East Tennessee Virginia & Georgia Railroad was sold at public auction at Knoxville on the 3>th day of May, 1886, the sale was confirmed by the Court on the 28th day of June, 1886, and on the 30th day of June, 1886, in obedience to a decree of your honorable Court, I surrendered possession of all the property which came to my hands as Receiver and deliv* * ered the same to the purchasers thereof." " On June Ist, 1886, the gauge of the East Tennessee, Alabama and fteorgia divisions was changed from 5 feet to 4 ^et 9 inches, the Meridian, Selma and North Carolina divisions "having been changed previously on the 20ih of April and 25th and 29th of • * May, respectively." " A majority of the stork of the Memphis & Charleston Railroad Co. and other securities were acquired by the Eist Tennessee Virginia & Georgia Riilroad Co., in the settlement of By order its account with the Knoxville & Ohio Railroad Co. of the Court, this settlement was made direct between these two compinies; and the Memphis & Charleston stock, together with other securities, received by the Ea«t Tennessee Virginia & Georgia Railroad Co., in payment of its accounts against the Knoxville & Ohio Railroad Co., has been deposited with the Central Trust Co., of New York, subject to the company's consolidated mortgage." Thtt following statistic! for two years have been compiled for the Cbbomclk: OPBRATIOKS AND FISCAL BB8Dl,T8. Total miles operate* — 1883-84. 1,098 1884-85. 1,05(8 (yptrcUions 1885-88 1,098 1,518,966 208,806,303 1.563,382 223,520,33J 795,358 40,573,858 1,908,218 243,OlO,5l» $1,097,287 2.814.095 231,881 9I,079,t91 2,667,816 273,860 $1,034,021 2,80«,893 278,665 Total groMeamlDga $1,173,263 $4,021,567 $1,119,578 Ma/wSJ^'Sr'wI^'ic $554,046 178,194 811.999 ^tilVS]!?. "7.923 «?2Z'2ii 869.941 73.1,238 89S,rf02 |3H5i 819,743 245,478 321,997 300,6 05 $2,522,955 $2,880,978 $2,736,827 Poeseninr* carried riminnSiir nillnnirr FieMnrtaiu) moved FrelghMtOTy^mlleage PiSenKer-.r FrelKht MiditezpreM, &e Malntenenoe of oar. Tnuuportatlon expensea Motlvrpower.....V. UenenlMdfa^e* Xotal 971,814 899.341 :{9,449.2g4 42,?0'4.085 ITI'%^ $1,382,751 $1,140,589 $1,650,308 Neteamlngs The above stotistics include the Knoxville & Ohio Railroad, the earnings of which were |341,287 gross; operating expenses, 9218,906; and net earnings, |122,006. Boston & Providence Railroad. (For the year ending Sept. 30, 1886), The report comments on the fact that such large reductions have been made in fares that while the increase in the number of passengers carried in 1886 was 76 per cent over 1878, the increase of gross receipts was but 24 per cent. The net earnings increased 924,460 in 1885-6 over the previous year a dividend of 8J^ per cent was paid, and the balance to credit of profit and loss was 938,164 • ; THE CHRONICLE. 606 The earnings, expenses and income account bave been as toUovs: 1882-83. 1883-84. 1883-84. 1884-85. 18?5-86' Net earnings Net earn. C. A St. L. Other receipts 630,084 731,450 624,839 506,744 30,580 10,403 Total not 7)/»6i(r«emenr»— Int. onnu'ri. bonds Interest im Inionies Rent. toC. .fcSt. L... Miscellaneous 630,034 731,4t0 524 839 547,726 432,400 481,600 1882-83. 9 neteiptt— 1S85-86 1884-85. 9 ID 1,00(1,275 1, OS 1.0 14 593,217 74,574 62-',:i75 .a.eol l,03fi,S46 c 14,600 Tfl.lOl 1,669,134 1,231,881 91,674 1,727,147 1,271,163 103.832 1,677,066 1,201,999 93.742 1,286,537 98,388 1,323,555 1,374,994 352,168 1,295,740 381,320 1,384,925 399,860 JSamtniftfrom- „.fo._ 5"*^',,Z -. '^'i'i-H9 Mall, express, etc 78,410 . Tot. gross eam'gs.. Operaling expenses. Taxes Total expenses. 345,579 Hct earnings l,784,fe05 18P4-5. 345,579 Bal. of interest aco't. 15,689 320.000 2fi,140 27,624 320,000 3i!0,000 (8) (8) (8) 346,140 S47.624 33,702 335,689 9,890 38,636 616,626 736,200 482,400 520,236 Def.4,750 Sur.42,439 .Sur.27,490 Ontario & TVestern. $ $ 352,153 Total dlsburscm'ts. Balance, surplus 26i),000 399,880 % .Dividends Bate tt dividend 471,200 1,626 New York 1- 8,5-6. 381,326 1383-4. Seetiplt— Net earnings Disbursements-- ' 456.000 159,000 8ur.l3,408 Total dlsb'm'ta.. Balance INCOME ACCOUKT. 1882-3. XUU. INCOME ACCOU.ST. for four years KARSIN09 ANB EXI'KKSBS. PaseeDgeis Freight [Vol. (For the year ending Sept. 30, 1886.) A brief preliminary report for the late fiscal year states that 21,716 has all been paid and only $73,000 of pre340.000 the floating debt ferred stock remains to be exchanged. The whole of the main line has been completed with steel 361.716 38,164 During the three month?, Oct. -Dec. 1885, the road was tl e former lease to the West Shore, which " The subsequent Mobile & Ohio Railroad. ceased on Jan, 1, 1886, but the report says working of your property during the nine months ending (For the year ending June 30, 1896.) September demonstrates that a much better net result is The report of Mr. W. Butler Duncan, President, shovrs that obtainable by operating the company's railway under the conof road and branches owned and opera tpd is the total length tions now existing. The following is a summary of the grosa 688 miles. UheSt. Louis & Cairo Railroad (151 6) and the Milland obligations for the fiscal year: Branch (9) have been operated by the Mobile & Ohio and net earnings Btadt *}'JSn'l»} Co. since February Ist, 1886 and the Columbus (14) Qioes earnings Railroad i,.i/u,Boi Worklug exjpenses including taxes and Starkville (11) branches of tie Mobile & Ohio Railroad have teea operated bv the Gforgia Pacific Railway Co. since $221,999 earnings 6,013 worked under : ; The total length of road, including 1, 1685. branches, operated by the Mobile & Ohio Railroad Co. at the close of the fiscal year (June 30ih, 1836) was 663-6 miles. By the agreement -with the St. Louis & Cairo Railroad the M. & O. becomes a complete North and South trunk line between the cities of Mobile, Ala., and St. Louis, Mo. This is a most important gain for the M. & O., and much is expected from it. But through trains on standard gauge track were not run till November, 1886, and therefore the bfnefits of the new connection are not shown in the On the year endii'g 30th of June last. of earnings February Ist, 1886, the Mobile &Ohio Railroad Co. entered into poBsession of the road and property of the St. Louis Cairo, and assumed its operation from and after that date. By this agreement, which expires in 1931, the Mobile & Ohio agrees to operate the St. L. & C. road as part of a through line, and to pay therefor to the St. Louis & Cairo Railroad Co. the sum of $85,000 on the 1st day of January, 1887, and thereafter twenty-flve perctntof fifieen sixty-fourths of the total reTenue and receipts of all kinds and from all sources of the railroad from Mobile to East St. Louis, subject to certain conditions; and it is further agreed that the said 25 per cent shall, in each and every year, amount to $165,000, of which $160,000 shall be applied to the payment of interest at 4 per cent upon $4,000,000 of the bonds of the St. Louis & Cairo Railroad, the coupons of which are guaranteed by the Mobile & Ohio. The agreement also provided that the gauge of the St. Louis Cairo should be changed to standard, and in November, 1886, standard gauge cars ran over the whole of the M. & O. system. Mr. Duncan remarks of the year's traffic: " The tonnage moved exceeded the movement of the previous years, both in "volume and in ton-miles, but with a large decrease in t)ie revenue derived therefrom; the increase in the movement, not-withstanding the largely diminished local traffic, is due to a large increase in through and competitive business, which latter is mainly of a very low class of freight, and the same The 'iiauaes affect the revenue in the reverse to the tonnage. cotton movement movement was about the same as the previous year, both in volume and revenue. The coal movement increased bomewhat, both in tons moved and revenue. The development of the Western Alabama coal fields is comparatively a new thing, and while there is great energy and enterprise being given to it, it will take time to produce practical results, both in the production of the coal and the finding and In addition to the absurd developing of markets for its use. competition among railroads themselves, the tendency to reduce rates upon all business has continued, and the struggle is particularly oppressive in the South." The statistics of earnings, expenses, etc., for four years, are compiled for the Chronicle as follows: Decemter & & Net Interest on bonds and floating debt West Shore and terminal rentals (In 1585) 527 Tot. miles operated.. Operations — 1884-85. 6i7 527 . Earnings— t.27 $ 40!t.390 404 570 338,871 15,267.220 20,1!<7.8B^ 12,961,735 429,141 408.889 484,^49 87,024,7S)3 89,732,46.0 97,7o4,678 « $ 427,999 Passengers Freight 4c Total gross earnings. Operating expenses.. Ncteamlnjrs 413.094 43.1,895 1,716,139 126,720 1,712.923 152.t.00 1,526,494 140,636 338,772 1,471,097 152,459 2,271,038 1,611.024 2,278,917 1.547,467 2,101,025 1,576,186 1,962,323 1.4^5,584 630,0,14 731.450 67-89 624,839 75-01 50R.74t 7. 17 Per it. op.ex. to earn. Does not include Cairo 72-26 A St. Louis leased February, 1886. 108,51 $113,487 Surplus Oregon Railway & Navigation Company. (For the year ending June 30, 1886 ) The annual report is published at a late date and loses much of its interest for that reason. The report says of tho traffic " The increase in gross earnings amounts to 35 9-10 per cent, : and in net earnings to b3 4-10 per cent, both so unusually large Daring the year 1834 and as to be worthy of explanation. the first seven months of 1885, the country tributary to the lines of the Oregon Railway •& Navigation Co. passed through a eevere business depression. The stoppage of construction of every kind in the early part of 1884, cutting off the expenditure of nearly $7,000,000 per annum drawn from the East by various companies, and the large depreciation and burden of heavy interest charges on the stocks of goods purchased and carried in anticipation of the immediate and active development of the country, after the completion of the transcontinental lines, were tne causes of a severe contraction; and when this was followed by a small crop in 1884-5 with the lowest price for wheat known in 30 years experience, the consequences upon the commercial and agricultural interests were very depressing, and it is worthy of remark, as an instance of the real resources of the country and the stability of its mercantile business, that the depression was so short, and occasioned so few failures. While it lasted the transportation and the low earnseverely this company was affected. The crop of 1885 was a large one, both in acreage and yield, and the outlook for the present year for large * » * crops and heavy immigration is very bright." " During the past year the consolidated 5 per cent mortgage was perfected, and up to the end of the year $3,635,000 of the bonds have been issued and applied as follows: EetirinK $1,000,000 unsold debenture bonds pledged as col- companies were direct and heavy ings of 1884-5 are an instance of sufferers, how lateral for floating debt *f'S9S',9x2 Retiring $1,200,000 of scrip bearing 8 per cent interest.... 1,200,000 Construoiion Moscow, Patahaand Karmington branches... 1,025,00 $3,225,000 1385-86. $ 300,725 PasseuKers carried.. 13.335.82^ Passenger mileage Freight (tons) moved 3.J7,4,93 Freight (tous)milc'go 75,330,860 Mall, express, 1883-8 J. ,„„,,, This surplus, the report says, is available to meet bond interest, or for improvements of the property. The Utica Clinton & Binghamtonand Rome & Clinton railways have been leased on favorable terras to this company, and their operation since the Ist of June last has resulted in a small profit, which will be carried to the credit of next year'a revenue. Giving access, as these lines do, to the important towns of Utica and Rome, and to lines north and west, they will be of material benefit to the traffic of this Company. OPERATIONS AND FISCAL RESULTS.* 1882-83. $77,758 30,753 Issued, but unsold Total ^'^0'"°° $3,625,000 $1,000,000 unsold debentures have been canceled, paid. The scrip has been paid, with the exception of $39,670 which has not been presented. The annual saving of interest on the scrip retired will amount satisfacto about $36,000. The bonds have been sold at very tory prices and now command a premium. It will be necessary, on the Ist of April, lSb7, toprovide for $5,000,000 debenture bonds, which fall due on that date." [To meet this, $5,000,000 of consolidated bonds have recently been sold.] "A settlement of the claim against Henry Villard was made during the vear, the company releasing its claim upori the hous9 on Madison Avenue, and accepting $200,000 in full settlement of the account. The suit of Ervin et al, against the "The and the floating debt entirely MorZMBER THE CHRONICLF. so, 1880.] company was decided adversely 607 in the District Court, but has fifty shares of their stock two shares of preferred and three been appealed. Oa the basis of the decision of the District shares of common stock in the Minnesota & Northwestern. Court the entire liability of the company would ba about East Tennessee Virginia & Georgia.— The following is a 1300.000, of which over $120,000 is already p'rovided for. statement of the gross and net earnings of this road, as •' OREOONIAN RAILWAY. sptcially obtained by the Curonicle: *' Judgments for three more instalments of rental have been Orosi Earnings. .Ve( Earnings. rendered against this company in the suit of the Ofegoniin 1886. 1885. 1886. 1885. $331,046 $298,824 $116,617 Railway Company, in the U. S. District Court for Oregon, the Jnly $131,328 Aiiffaat 364.811 329,249 128 565 134,098 amoaots being in uroea about $310,000. These cases have been September 394,380 379,424 167,207 162,531appealed to the U. S. Supreme Court, and in view of recent — . decision of thtt court, covering materially the same points at ourattornevs have the strongest confidence that the deo ona of the lowt-r Court will be reversed." Comparative statLitics for four years, compiled for the CHBOmCLE, have been as follows issue, W : £AB!ftXGa ASD EXPENSES. 188.'-83. 1883-84. 1884-85. 473 9 399 657 it ft Boad operated, nUIea. Martumgt— Tmtatngtt 1,.'«20.0?5 FMcbl MuTe] expret*. Me. 1,533.307 3.406,713 . 714 513,644 380,513 5,364,906 2,971.456 4.0B2.118 2.590,358 5.546.542 3,086,496 2,393,450 2,394,046 4,07-.i,387 1,482,760 Meeetpta— Ket earalnca 1885-86. * » 2,393.450 301,444 1,482,760 138,903 2,1«0.0«« 5,i26 VBtallneoaie. 3,489.313 2,604,894 1,621,663 2.465^272 Bentala paid IMaraat on detrt DtTldenda 145.420 354.180 440.160 1,800.000 124,087 529,165 1,080,000 1.731 444.27i> 1,584.000 Rate of Mb. diTldeiHl.. . aad. alok. tuad. Total dlab'menta Balance, nuvlna... (9) 9 9 750.289 1,560.000 (6 4) 111.273 (7>p) 79.230 2.252.929 •33S38t Iowa Falls ft Slonx City.— The earnings of the current fiscal Total gross bamlDgg Rental. 36 per cent Drawback from D. 48. for the first half to Sept. 30) are thus reported:. $307,382 $110,638 C, lOperoeut 20,377 year (April 1 Total 1883-&t. 2,394.046 95.167 Otlier leoelpta. January next. 2,460,046 1884-85. Bonds.—The City CItjr 1,093,643 IXCOMB ACCOCKT. 1882-83. «1,007,497 $112,389 $127,960 of Evansville (Ind.) has paid no interest on any of its bonds since April, 1883. Suit was begun by bondholders ac^ainst the city and is vet pending, but no proposition from either side has been made, and the result of the litigation is awaited, Illinois Central.— Notice is published that the company proposes to offer |I. 000.000 of new stock to its stockholders at Eransville the price of 136, in 1,059.941 2,538,533 424.866 3.40^,179 3T2.29d Total groxa eam'gs. 5.100 JS12 Opetat'g exp. * taxe* 2,706.466 Vet earalogs., 18«5-86. Total 3 months... $1,090,237 , 79,855 119.091 2,674,195 1.852,343 120,699 De(.230,680 : 2,423.201 8or.41,979 *A4atii« bond* retired br sinkliix faod dnrlng th« year make* sarplna VntOOOlaricer than berPKl veil. t Dednetlniri^ 1,000 for depreclattnn of (teaaun b«TM • d>-llelt for the year of r76,300. 1 52,106 was aneut far featMnnanU. •(«., toarlnc a deflolt of 910,132. GENERAL INVESTMENT NEWS. $131,035 Lake Erie ft Western.— The plans for the reorganization of this comoany not having been entirely successful, Messrs, Frank C._ Hollins & Co. have issued a circular which says that the division of its railroad property would be injurious to 11 the securities of the Lake Erie & Western Railway Company, and. "if the stockholders choose to subscribe the amount necessary to pay the interest in default and some other claims be<; fore the date of the sale, the court can probably be induced to dismiss the foreclosure proceedings and return the property intact to the company. The tot>il amount required to be raised is about fl.OOOiOOO. There have already been subscribed by the stockholders $135,000 The Receiver has in hand $100,000. By contributing $0 p>r share in addition, the stockholders can raise enough to pay the balance, and leave the company a moderate amount of money in the treasury to meet unforeseen contingencies." Grors earnings. 4 months ending November 1, 1886, $497,000 ; net earnings, $177,000 ; deduct equipment charges, same period, $27,000 surplus, $150,000. Interest on the Ist mortgage bonds for the same period, if paid, would amount to $92,480. Stockholders will be aaied to protect themselves by subscribing an additional 6 per cent of their holdings. Those who pay assessment will receive certificates entitling them to preferred stock to the amount of the assessment alrea<iv paid, as well as of the new assessment, as soon as tuah preferred stock can be issued. ; AtUatle A Paelflc—The advertised plan for the exchange of bonds for a new gu%ranteed four per cent issue will be foand in the uiual column. Detailed reference was made editorially to the proposition in the last issue of the Chbokicle. Five millions of the bonds held in the United States are raported as haviog alreidy assented, the persuading causes baing the 80 years' extension of the new bond and the guaranLittle Rock Mississippi River ft Texas.— Unless the comtee Hf two strong companies. The old bonds are to be held pany satisfies a decree in f ivor of R^ed and Winchester, the in trust aa an additional security. Property will be sold to the highest bidder on December 15. t embraces that pirt of the Arkansas Valley route between Bofltom * Maiaa— Pitchbnrg.—The following abstract of Little Rock and Arkansas City and contemplated branches, OfMraUona for the jemn ending Sept. 80, is from the returns to tha MaasachosetU Railroad Commismonars. Lonlsrllle New Albany ft Chicago.— The gross and net earnings tor September and nine months were as follows: niehburg. Bot(on * Uaine 1885-e. 1815-6. 1884-a. 1804-5. SrpUmber. Jan. 1 to Sept. 30.—a' _ . tmenm*/r»m— $99$ . . l,tU,M3 ^fttaamtr — . 28il.809 7,543,681 2.1t6,-)61 4,7U7,2'J9 6,511,558 4.lu9,660 3.796.694 2,»3S,4ol $198,439 Operating expenaoa 115.539 NeteamlnsB Orssa earBlB«a Opantlnc expeaaea MaSeamloci SS9,97S BCBIala 35e,4!!0 744,290 2,776.393 2,341898 358,581 1.786,457 1,360,037 Balaaoe latataat 083.398 280.763 32i).e88 989.935 "pBliifll 389.933 281,''6I Balanea 323,635 264Ji0 271.021 347,500 700,002 593,000 700.000 660.000 59,305 ^A21 105,002 140,000 nndeada •urpliw 491,700 Ciaeinaati Indianapolis St. Lonis ft Chicago.— Earnings expenses and ciiargea for September, and for three months of tha fiscal year were aa follows: Otoaa raralnita Oper^mg ezpeoaes ]««t aamlng* riXMleliantea Rarptua Sfptembtr. lH8a. 1885. . — ,^-Juty 1 to Sep'. 30. 1>486-8K. 1^84-85. •24$.S23 9210,356 145.701 130.771 9695,6)6 413.442 9603,193 35-,193 9S8,485 5O,000 9283.194 ISO.OOU 9245,000 150,000 999,823 50.000 949,822 —The ]t0465 939,257 $l,204.96d V83,Z2^ $72,860 $114,313 $221,743 9133,194 938.485 Northwestern— Hi nne<>ota fifty niiiea of r ilroad construi-ted ft —No balance sheet ment CoDioUdated (14,014,000 Blocks and bonds of other oompanles 11,528.200 Otber lovestment8,real ast«t« Supplies on hand is MABtLrrtK'. ASSETS. Cost of road and eqiUp- capital 8to k $24,365,915 Oapltai stock.common. 1,100 Capital fitoolc, pref 600 8look agreement, Aug. 1,1881 975,326 127,679 160,555 Interest on fanded debt accrued Dividends unpaid 103 Due 14,871 for 419,946 243,855 waged and sup579,800 plies Due nn open accounts. itouds and mortgages.. Sundries Total 2.'>0,400 Sundries 810,681 75,70j 51.364 861,06S I6><,643 9^7,097,936 Cub on baud and Proflt loss (sur- 4S,02S plui) Total $27,097,938 Massachnsetts Railroads.— The following figures for the year ending September 30, are from the reports to the Massachusetts Railroad Commissioners: Xorwich d Worcester. -— Providence <* Worcester.^ — . . 188V8fl. Eipen«es& taxes Ket eaminzs. Rentals Baianoe. Interest.. ft 1885. 91.3.'i3.770 issued from the company's ofiice with the brief annual report of earnings, &c. From the returns made to the Railroad Commissioners the following is obtained for Sept. 30, 1880: $95,000 GroM earnings... ClaelaBsti ft Kasklagam Talley.— Notice is published that the coupons for interest due January 1. 1886, on lh>> bonds of th's company will be paid at the bankiog house of Messrs. Window, Lanier & Co., on and after the 2-iti inst. Dabnqne 1886. $173,331 $82,900 Manhattan Elevated. Ceati^l of Georgia.—The contest for the control of the Doe bv agents of tbta Central Railroad of Oeorgia is believed to be settled. The oomiuny party favoring Gen. E. P. Alexander are reported to have pur- Dun by-iMMorron aoo't of trafflo fifcaa>rt the holdings or secured the proxy of Mrs. Green, whose open took (some 0,700 shares) held the deciding vote in the contest. Due ontraffic) aoooimts (not . . I<t85. QromMmlnin 279,463 2,891.2.1 2,5^9.665 MlMallaaeeiit 4,324,116 S,929.7H6 3,3>9,.%43 Xnltki. . 1886. l,0ft,26» 2,087,446 1,712,163 M,134 53.82J $74*^,6.59 474,'.:82 18U-S5. $75».48l 4'27,9'j8 1885-86. I9'<4-85. $1,245,711 874,662 $1,077,166 735,658 $274,377 40,475 $323,403 40,030 $371,049 $321,508 $233,912 24,157 $282,443 $371,049 85,711 $321,508 90,975 24,ay j Northwestern. by the D. & N. Com- pany has bepn tran^ferred to the Minnesota & Northivesiern. Tine stockholders of the former company received for each Balance Dividends Borploa for year. $2.58.(48 $2.30.533 $209,745 $285,335 207,824 (9%) 233.802 (0%) 150,000 (5%) 150,000 (856/ $1,021 $21,246 $135,335 $80,533 THE CHRONICLE. 608 .—War. Xath. <t RMh.—, Xxpenses and taxes — Net earnings /— JTew Lotuion Nor.* 1881-85. $237,244 24,060 $369,012 104,528 $264,511 Balance $181,523 91,809 DWldends $89,654 $214,130 101,391 $128,337 90,UOO $142,739 90,000 $38,337 •§1 $52,739 3« Surp lus for year * Company's report. ss & MaghTille Chattanooga Lonis.— The gross and net St. -October. , 1836. Ket earnings and taxes Improvements 1885. $213,200 127,414 Grosseamlngs $191,846 115.782 $85,786 $58,156 6,218 Interest $76,064 $36,499 2,980 $64,101 $21,382 Surplus $59,479 $16,585 ^-July 1 1886. flseal year to Oct. 31. 1H85. $732,494 433.441 $876,254 511,246 $299,053 $225,102 18,439 $365,008 $233,262 23,323 $213,601 $55,152 $256,585 $103,123 New York New Hayen & Hartford.—For the year ending September 30, the following returns have been made to the Bailroad Commissioners : Incomtfrottir— 1885-86. of this week, and that Mr, Alfred ;^Sully will be chosen president of the company. St. Lonls Arkansas & Texas.—The Philadelphia Inquirer At a meeting of the 8t<-ckholder8 cf this Co., Tex- reports m : arkana, it was voted to increase the capital |18,000 per mile for the extension of the read to Sherman. St. Louis & San Francisco.— This company has given notice new line has been completed between Arkansas City, Kan., and Caldwell, in the same State, which has been leased by the St. L. & 8. F. Sonthern Pacitlo Company.—The following is a comparative statement of the earnings, expenses and fixed charges of this company for September, and from Jan. 1 to Sept. 30. The total mileage is 4,780, against 4,697 last year. that a earnings for October and for four months of the were as below: Operating expenses.... 8,334 $213,184 84.847 82,991 Interest 1881-85 $252,464 1886-86. S-2 1885-86. Otom earnings (Vol. XU.D, 1831-85. Ine. in '86. Passenger Freight Miscellaneous $4,677,019 2,795,2*1 129,657 $(,361,941 2,123,591 110,287 $:n5,105 371,647 19,370 Grosseamlngs $7,601,947 1.967,976 $6,895,825 4,623,987 $706,122 343,989 $:,6S3,971 120,730 $2,271,838 420,970 $362,133 Dec. 210 Balance. 1,213,241 $1,8.'5 0.868 80,U00 80,000 Net earnings Bentals Total gross $17,126,325 $15,802,391 6,114,129 6,292,090 $23,210,754 $22,094,181 $2,957,580 $2,863,805 Net ear7iiiiff8— Pacitic s\etein $1,1,53,788 Atlantic system 166,585 $1,190,072 366,135 $583,241 , Bnrplu s Sept. 30.. N. T. Stock Exchange. $362,273 $220,868 $362,373 $3,263,415 BurplUB $1,770,868 1,550,000 $2,680,175 $416,760 —The Delaware & Hudson Canal applied to theStook Exchange to list 11,000,000 new stock issued to retire bonds of the Union Coal Company, falling due Jan, 1, 1887. Company The Toledo Ann Arbor asks the Stock Exchange & North Michigan Railway Company to list $2,120,000 first mortgage 6 per cent gold bonds. The Buflf. N. Y. & Phil. RR. applies to list certificates of deposit issued by the Bank of Republic representing $7,000,000 5 per cent consolidated bonds and $3,200,000 6 per cent, general mort. bonds. The Chic. Mil. & St. Paul applies to list $300,000 additional 5 per cent terminal bonds.l The Denver & Rio Grande applies to list its securities under the plan of reorganization. Oregon Railway* NaTigation— Union Pacific. —The lease & Navigation Company to the Union of the Oregon Railway Railway Company has been agreed upon. Elijah Smith, President of the Oregon Company, said that the lease simply a matter for the lawyers because the terms was now A few details of minor had been virtually arranged. importance were left to be arranged, but there was no doubt of the final execution of the lease. It is understood that the minimum rental is 6 per cent a year on the stock of the Oregon Company and that a division of earnings in excess of that amount may be provided. No definite action on the latter point was taken by the conference committees, although President Adams of the Union Pacific offered to agree to a division if the minimum rental should be reduced to 5 per cent a year. A provision was made for the building of branch lines by the Oregon & Trans Continental Company, which owns the controlling interest in the Oregon Company. JPacific $9,427,217 2,435,104 $9,968,202 $10,862,321 420,123 . Total net Income. $1,367,053 •Fixed charges.... 1,162,836 $10,338,325 10,165,524 Net profits def. Construction $201,217 ite 19,658 imp. $184,559 $77,199 258,071 $335,270 def. •Includes interest, rentals. Cent. Pao. guarantee, taxes and U. —The gross and net Southern Pacific 1 to Company 30, Orleans.. $218,811 4,343 57,267 335,624 18,410 89,2 S5 Tot. Atlantic sys'm $723,770 Texas &N. Jan. I to Se2>l. 30— Gal. H. & S. A $1,920,582 Q. W. Tex. & Pacific. 31,522 Louisiana Western., Morgan's La. Sl Tex.. N. Y. Tex. & Mexican Texas &N. Orleans.. dues in detail for September and from were as follows: arose Earnings. 1886. 1885. & 8. A G. W. Tex. & Pacific. Louisiana Western... Morgan's La. & Tex.. N. Y. Tex. & Mexico. Gal. Har. 8. earnings of the Atlantic system of the September September— $2,133,241 1,550,000 ( $8,567,145 1,401,057 Total net $1,320,373 $1,516,507 Rent'l leased Unes. 46,680 January Balance Dividends 10 per cent) . $2,013,614 850,191 Balance Operating expenses Jan. 1 to Sept. 30. 1S36. 1885. . 1886.' $2,233,809 723,771 $362,373 Interest. — September. 1885. Oroit earnings— PtUiMo system Atlantic system 469,257 2,864,523 111,260 714,312 Tot. Atlantic sys'm $6,111,156 , $322,143 7,500 47,006 372,692 23,546 77,301 . 1 Net Earnings. 836. 1885. $29,009 def. 2,531 31,208 62,207 5,945 40,750 . $182,668 1,051 25,168 97,106 6,962 39,879 $166,585 $356,434 $969,230 708,577 $210,103 def. 11,503 236,958 631,637 575 303,306 $6,126,092 $1,401,081 $2,392,952 $850,191 $2,202,626 424.818 2,790,071 216,077 893,668 313,977 United Lines Tel. Co.— In the United States Circuit Court in Philadelphia, Clinton P. Farrell of New York was appointed Receiver of the Bankers' Merchants' Telegraph Company, & Yalley Railroad (Va.).— The annual report for the year ending September 80 shows gross earnings of $125,667 against $129,709 in 1884-5 ; net earnings $37,303, against $45,421 in 1884-5. Wabash St. Lonis & Pacific. —The Omaha division of the & Northern road is advertised for sale on December 28. The Council Bluffs & St. Louis road is to be sold at the same time and also the Clarinda Branch of the St. L. K. C. & N,, and the Clarinda & St, Louis Railroad. St. Louis Kansas City ; — Judge Gresham in the Uni'ed^States Circuit Court at Chicago, heard the concluding arguments on the motions receivers for the Wabash lines east of the for sepgrate He remarked that the purchasing committee Mississippi. should fulfil the terms of their bid for the property and pay into Court the $4,000,000 fcr the wiping out of the receivers' indebtedness. Such a course might induce him to consider the propriety of delaying any change in the receiverDecision was rtserved. ship. Wabash St. Louis & Paclflc— Indianapolis Peru & ChiPetersburg Railroad. The annual report for the year end- cago. At Indianapolis, lod., Nov. 13, the Indianapolis Peru ing Sf^ptember 30 shows gross revenue of $359,596 expenses & Chicago Riilroad, extending from Indianapolis to Michigan $198,663; net earnings $160,934; interest and guaranteed City, was sold at public auction under decree of foreclosure. The first division, from Indianapolis to Peru, was purchased dividends $115,720 surplus $45,214, The second division, extendfor the bondholders at $830,000. Railroads in New York State. The following reports for ing from Laporte to Peru, brought $501,000, and was also purthe quarter ending September 30 have been made to the chased for the bondholders of that division. The third Railroad Commissioners: division, extending from Laporte to Michigan City, eighceen —N. T. Ohie. dt St. L.— miles, was purchased at $155,000 for the bondholders who —Buff. Soch.it Pitts.1886. 1&B6 1885. 1885. the first division. The sale included all the belong*$475.5P3 Gross earnings $350,423 $905,197 $737,026 secured ings of the several divisions, the docks at Michigan City being 25B.995 576/)8!l Operating expenses 236.902 637.001 — — ; ; — > $<!l8,r>fr8 Net earnings $113,521 $268,196 $160^37 122.202 Taxes, rental, interest.. 103.666 1102,102 f!!4,016 Bal ance sur.ifiO9,902 def. $8,68lBUr.$166,091 8ur.$6t>,»:^i Includes $92,000 from " other sources." IDoes not include interest. Richmond & West Point Terminal.—The meeting in Richmond Nov, 19 for the election of .directors was postponed, and it was reported on apparently good authority that this company had purchased 25,000 shares of Richmond and Danville Railroad stock, giving it control of that company. It is now concluded that all interests will be united and the most Theprice reported as paid for part made of both properties; the 25,000 shares was 230. 'as now reported that there will be no fight at the meeting for the election of new directors of the Richmond & West Point Terminal Company at Richmond the latter part or all of —It is also included. & Ohio Railroad Com—Attention is called to the Knoxville pany's Ist mortgage 6 per cent gold bonds, due 1925, offered n this city by Messrs. Griswold & Gillett. This road is owned and operated by the East Tennessee Virginia & Georgia Railroad Company, and is practically a part of the system, contributing a large tonnage, which is transported by the latter to These bonds are a all the important points which it reaches. first and only lien on the property, which shows by its latest Messrs. Griswold figures ample revenue to meet all charges. & Gillett, we are informed, have already a large demand from careful investors and trust funds for these bonds, and at the present time, when 6 per cent gold bonds are getting scarce, this issue is worthy of the attention of bond buyers. NOVEKBKR THE CHRONICLE. 30, 18S0. Jhc Commjcrtial 609 COTTON. 'jinxes. Friday, P. M.. Nov. 19, 1886. as indicated by our telegrams from the South to-night, is given below. For the week ending this evening (Nov. 19), the total receipts have reached 263,5M The Movement of the Chop, COMMERCIAL EPITOME. Friday Nioht, Nov. 19, 1886, Tliwe baTe been heavy stormg in nearly all puts of the country, slightly impeding railroad transportation, and in the trans-Uusissippi region the temperature fell very low, but no nrioas injory i8 reported from any quarter. The strike at Chicago terminated in the workingmea abandoning their demand that eight hours be accepted for a day's work; and there is now no serious labor trouble except that involving the knit goods workers at Cohoes and vicinity in this State, although rumors abound regarding intended strikes. General trade has been only moderate, while speculative circles were feverish, the week showing few changes of moment in values. Chester Alan Arthur, late President of the United States, and one of the most capable and high-minded of the eminent men who have held that exalted position, died on Thursday morning. The speculation in lard futures wai sluggish at weakening prices until yesterday, when there was a revival of activity and some recovery in values, due mainly to a general revival of speculative confldenoe, and to>day there was a very strong Opening, but a quiet closing. Lvd on the spot has been somewhat inactive, but cloaee steady at 6-lOc. for prime city, e-22>^ @6'a7}(c. for prime to choice Western, 0'60a for refined for the Continent and 6-Ma for ra&ned for South America. DULT OtXMMO PBICBS Or LAKO rCTOKES. JToiKTy. AWMrtf'y. Bov.drllTery... a-i-t DrCmb'r" .. 6-22 6--7 JaaoafT '* Febraarr*- .. 6-39 6-42 Maroh .. rWexTtf. tat- 6-ja 6-J4 6-48 Wtdiu'ii. 6ii Oil 6-26 6-84 6-41 6-i-i ^M TAw 6-33 6-41 week and ; Indianola, 6;3 6-3S 6-j6 6-43 •• 10^Ol3^o. for State factory The following is a comparative ot aggregate exports from Nov. 1 to Nov. 13 Cheeae is steuly at ommary : 188A 18M. rsck lbs. BsOMn, >n Lai« The specnlatiun 1,«»9.400 14.405,87a SS.007.ai9 Dee. I>ea 447,600 8.541,675 10,791,155 Ine. 6.2i4.i*94 in Rio coffee has been feverishly active* with values taking a higher range, but fluctuating widely oader the varying pbaaes of reports from Havre and BlOk To-day there was an active but variable market, closing with sellers of the active months at ll-30c. Collee on tbespot la decidedly higher, and dealings have been large to the regular trade, and fair oargoea of Kio close firm at ViJi'§\3c., the salea to-day indudiag 11,500 bags at from llif^c. for No. 7 to Vtiie. for Na 4. ; Roeded to M^c The specnlaitun 74,813 9,126 1,037 45,604 1,970 15,951 1,674 7,941 186 8,232 7,419 8,603 8,219 Charleston 4,034 2,652 2,030 1,792 VUmlDgton MorebdC.Ac. 1,017 1,792 980 1,311 Norfolk 9,588 3,090 8,067 3,984 6,970 2.648 967 375 8,001 3.095 1.360 1,150 338 136 3.975 2,568 76 501 244 "87 62 419 46 122 Pt Boyal.*c. West Polnt,<fco New York Boston BatUmore Phlladelp'a, Ac 7,826 3,637 44,425 19,072 902 3,643 351 2,757 1,303 1,303 2,169 2,968 TotaUthUweek 47,217 56.538 43.034 3J,437 29,294 52,976 268,596 For oompanaon, we give the following table showing the week's and the stock to-night, tatal reoeiptB, the total since Sept. 1, 1886. and the same items for the corresponding periods of 1886. Seeeipti to Nov. 19. ThU 1885. 1 ThU Since Sep. 1, 1886. Wttk. Wetk. 36.189 366,520 74,813 9,136 aine»a«p. 1, 1885. 555,799 102,771 76,409 9,697 9,364 8,711 437.411 88,108 12.589 800 219,302 29.833 9,898 100 74,533 3,733 1,037 45,604 1,970 15,951 34.699 last year. aioek. 1886. 1885. 83,544 85,498 356.308 25,958 355,566 781 613,629 82,135 17,147 416,281 237,918 24.094 1,202 100,902 142,136 7,468 272.658 2,744 56,493 2,731 209,531 107,896 9,672 ....» Boston Baltlmate... piiUadeI'a,*« 79,455 4,961 27,933 84,528 5I',043 48,222 4.054 6,027 152,887 8,500 11,175 16,420 147,752 6,810 18,734 9,396 2«3,^08 2.157.612 270,421 2.165.357 .Sew York... 861.325 778,082 1,674 7,941 186 44,425 379 i,too 237,555 23,660 104.629 13.102 21,080 8,034 11.843 6.695 207 11,835 1,382 19.072 3,643 2.757 1,303 2.905 . 13,526 ...... 484 In order that comparison may be made with other yeais, give below the totals at leading ports for six seasons. RoeeipUiU— 1886. 1884. 1885. 1883. we 1831. 1882. 32,006 65,760 11,191 33.837 25,973 8,189 40,579 9,923 14.711 17,024 62.024 16,922 36,886 29,197 9.141 30,755 13,198 17,069 ^Bet.tUsWk. 36S.996 270,421 258.774 2Z2.510 242! 169 232,218 Qalvest'o.Ao. New Orleans. Mobile aavanuati ... Cliarl'st'o, .fco 86,189 74,813 9,1-20 Wilm'Kt'o, Ao Norfolk W. Point. *o. aUottiers Kentuf-ky tobaooo has been fairly active at unchanged prices. The i>alea for the week are 400 hhds., of which 850 wan forasport. Seed leaf haa been much quieter, and sales ter Um wM-k are only 1,180 oases, as followK 250 cases 1881-82-8 i eropoFlwinaylvania lOiaiOo. ; 100 cases 1884 crop, do., private tarms ; 180 caara 1889 crop, da, 9<§1S& ; 150 oaaes 1885 crop, Itensylvania Havana seed, 0^ 10c, 100 CMSea 1889 crop, Wiaconain Elavana, private terms ; 100 oases 1885 crop. New England H«vana 19@38c.; 100 cmos 1885 crop, Ohio, private term«, and 190 caaea saodries 7@28o,; s 1*0 350 bales Havana, 60^ 1 1 05, and 900 balaa Sumatra f 1 29<atl 50. Tba Miocnlation for the rise in crude petroleum certifiMtaa caUDloated on Wednesday, when a fraction above 77c. waa icaohad. Values have sinoe been variable and the cluse this afternoon was dtill at 75ii@75>.^c. per bbL, with crude in •hipping order quoted at ifii^O^c. per gallon, refined in bbls. Tc, and naphtha Sl^c. apirita turpentine roee to 87c. and 36,189 Savannah Bmnsw'k, Ac Total 3.303.0i>0 32.a.V).i47 Total. 5,251 5,363 Florida . ft)^§10>{c. for skims. 6,513 ifco. ; creamery. 6,892 JW. 5,403 13,966 1,840 992 1,037 6,173 6,958 1,970 2,262 3,131 1,674 1.268 1,573 Wed. Tue». 8,073 Nevr Orleans... 13,779 20,089 11,225 10,351 902 2,845 1,410 1,137 Mobile ; and Thun. 186 Jfon. 5,098 Oalveston.. 650 Ind'nuU.&o Pork has been firm, but rather quiet at f 10 50@ 10 7S for New Orleans. new mras.f iOi§|10 25 for extra prime andfU 50>^f 15 25 for HobUe Cut meats more active at better prices pickled bellies Plortda clear. smoked SatvuuUi. .. A/*®?!^':-. buns 009^0. and •hoolders 5^03«^c. Br'sw'k. Ao hams 10^ lOV^o. and sbouldors 6^0. Baef is steady at ^S® Charleaion .. for packet per bbl. and |8 50 for extra mess and |8 CM)A|9 Pt.Bor»l,&a |13@f 17 for India mess per tierce, with beef hams nominal at WUuitii«ton $17 50i§|18 per bbL Tallow ia firm at iHc, but the demand M'beadCAo St»arlne is firm at 71-^0. and oleomargarine is Norfolk fa leas urgent. W. Point. *c. quoted at O/gC. Butter is in moderate supply at 20@30c, for AprU BaL SeeeipUat— QalvestoD FritVy U-i3 r«d'y, 6-23 6-<3 6-20 e-36 6-44 6-60 6'il U-iO week 271,665 bales the previous 258.483 bales three weeks since making the total receipts since the Ist of September. 1886, 3, 157,613 bales, against 2,165,357 bales for the same period of 1885, showing s decrease sinoe September 1, 1886, of 7,745 bales. bales, against 373,550 bales last .. 45,604 17,625 8,127 44,425 19,072 13,615 aino*sii|»k rf ^2157.612 34.6<)9 2.',323 102,771 9,6d7 38,108 29,933 4.317 38,660 13,102 9,134 75.369 11.386 36,093 33,302 6,244 41,270 22,988 9,2J4 28,396 77,675 13.364 28.46i« 16,373 5,093 31,245 8,329 12,961 2165,357 2220,759 2198.090 2137,240 2123,044 Ualveston Inoliules Indianola Charlenton Inclades Port Royal, Ac. WUolaffton Includes Horeb'dCltr.Ao.; WeatPointlnclnileBCltrPolnt.Ao The exports for the week ending this evening reach a total of 113,675 bales, of which 84,816 were to Oreat Britain, 8,839 to France and 30,530 to the rest of the Continent. Below are the exports for the week and sinoe September 1, 1886. ; Wui. Or«u frmn— BrU'n. Oalveaton New Orleaiu mmUm !fov. 19. fVom Stn. axporttd lo— ««pott< . amti-\ Ibtol fmnce •Mitt. 8,411 8.068 17.180 Snot 1. IMhS. to Nov. Bxvort *4l lo— Frame Oontintnt. 19, 1880. ToUu. ITmIi. BrUaln. 14.478 17.180 TioiS U.BOa 24.830 153,8M 70.905 43.181 lei.iie 8e7,43« 89,489 7.835 109.487 43.41U 51.843 28.096 1S9.070 90.271 MobUs norMa. M.A39 in block tin was more active at timeo at SsTsnnali hotter pnoes. and the cloae ia at 23'55c. for Dec. and 22 65c. Chsrlenon ... 8.472 Wllmlaalon... for prompt shipment. Measures have been adopted looking 13,905 Norfolk to a reduction in the oatput of ingot copper, but the close is West Polnuao witlwat decidwl advance and Lake is quoted at 12c. 7.8.18 New Torn Ocaan frt-lghts hare been rather quiet, especially in grain Boston. 4.S27 which Bultlaors Upmaota, owing to the scarcity of room oSerinif, S.983 quoted to-day at i%<l. PhlUSeU'a tc fSTora the maintenance of full rates; 9j, per quarter t» Cork to UTwpooi. 5^d. to New Castle, 8s. SI .816 Total for orders. BuiUnaia In petroleum charters has been fair for Tr««> IS83... 9-.712 oasea to AsiaUo poru. V'b'Jo 7.«8 8.478 70.725 2.008 17.349 4,8d0 ie4.t!03 S8 3,289 1.104 atl,S23 13.906 8,758 4.800 lb,7S9 8,(i'7 89,383 70,7l« 4,8011 17.198 30.304 29,»«8 11.981 8.888 "80,630 iia.ma "77«,58« 128.199 80,231 87.80S iM.2M 631.840 184 07.1 6e.;i77 7U0 6,l7a 184 6,214 847.S43 81.108 84,734 18,»4S a84,4B4'l,189,879 438,044 1,183,499 THE CHRONICLK 610 Iq addition to above exporta, our telegrame to-night also give OS the following amounts of cotton on shipboard, not cleared, the ports named. We add similar figures for New York, which are prepared for our special use by Messrs. Carey, "Sale ft Lambert. 24 Beaver Street. aaai t E2 o LT- Oilier Ortat France. Foreign Britain. New Orleans 28.383 8.0O0 6,400 29,t00 17.696 32,785 6,400 10,uO0 29,112 None. 1,100 None. 1,019 None. None. None. Total 1886. 138,669 31,231 72,344 93,653 151,941 17,855 46,084 74,255 69,341 8,482 5,000 2.500 4,200 9.922 1.097 None. Ooarleston Bkvannah Oklveeton.. Norfolk New York berporta Total 1885 TotaI1884 11,3(10 Leavint; Stock. None. 31,201 273,445 213,030 285,404 were In the market active at buoyant values during Saturday and Monday. The generally favorable character of European advices including a dearer Liverpool and an active Manchester market and the more peaceful aspect of Bulgarian politics all imparted some confidence to the bull party, and by alarming the "shorts" gave rise to a demand which carried values to more than thirty points above recent inside figures. There was much 'covering" for account of Southern operators. Then came sales to realize profits, under which there was a decline and a very feverish and unsettled market, which continued throughout Wednesday and Thursday. To-day ths market opened on some advance on the reduced crop movement, soon relapsed into duluess, but as compared wiih last Friday closed a few Cotton on the spot sold to some extent for points dearer. export, but remained quiet with the chief demand for home To-day the market was quiet at 9 316o. for consumption. modling uplands. The total sales for forward delivery for the week are 535,100 For immediate delivery the total sales foot up this week bales. s Nov. 13 lo Hov. 19. Ordln'y.^llb BtrlctOrd.. Good Ord.. Btr. (i'd Sal. to® MO OU5 67,8 6 'a ''"IB Btr.L'wMld Middling... 6ood Mid.. 6I>8 81'ie 9 9 9', 8n,g ?.> Btr.G'dMld 9i'l« 9"l6 Mldd'gFair 101 u 10li« 101,8 fair IQl'lf 10"ie 1011, Wed Th. Frl. , Otto® 67,8 BtrlotOra.. Good Ord.. 6 '8 6-'8 713,j 7l»i6 8'4 8II10 . <->; - . Middling... ftood Mid.. /..Btr. SM 8'li8 9 93i9 97,a G'dMia b"i8 Mldd'gFair 101,8 ' lO's Wed Th. Frl. 658 71,8 65s 71,8 71J,8' 8 8 84 87,8 81118 b-'B b'^u 878 93,6 93« 658 71,8 8 87,8 878 93,8 93e 958 978 9 93,8 8»8 93,8 93,8 9'' ,8 858 y7.« 911,8 911,8 978 101,8 101,8 1014 Good Ordinary Balot Good Oidlnary l/>w Middling Middling 958 97, TEXAS. 658 7'18 8 87, 8'8 93,e 938 968 9^8 10>4 10^9 10 >4 IO'b Wed Th. 658 71,8 8 658 7iie 8 87,8 678 9»,8 938 969 97a 1014 1078 873 83,6 938 9<>8 978 lOH 10^ 1078 1078 lo's moil Tuea s«t. Wed 6I4 eu 616,8 61!>,8 7% 7\ 614 61^,8 858 858 Tl». 6I4 615,8 8°8 |llb, I I 85s 2 ©to o » 're ! • »."•: I 66 tOtOO'O cici^-j OS tO-M-« i.^h>Om e.®: 00 ®tOO'.0 lJ.>10^ ceo KtO 2 Sx- i port. OF SPOT Oon- Quiet HUil sicady 30 d! 238 432 bteaily 150, 690; Bat.. Firm Mod . Tnea Wed toro 2 coco 2 «oo tOtOgto tOtOo® wt;o©cg tOtOC® Total. , 2 © IS'co o o Total. Sales. 2,53r535,100l ccp ' o tooto ocn; I .«to_ tOQtO CO I ** au>: £1 -i2 CO too® o* 1^ c^ico I CO d (id 2 01 I OOtOM"* to , totooto (* fi ^ CD-.! 2 coa I coco C d I io (DtOc® tetpoto tc® ; a CT-rfi. ^ ».®: I © ft tbe o« m', " to to CJ"U«©|^ ^ O en to o ^to l^lU^iU to Oi tc to ^ ®® eitit (^-to CJi^ t6 "^ < 2 cji-jt " 0510 ir 1 mtpoto 'O totp »©=;• c; ct :;! 00 H (O "^ toso® CJiyiOcjl tott y com 5 dd en » •< 9.®: totOoto •< 00 CO »<»; I to dd©d CO '^ ®® 9 IJ -j-j *• 2 o® o o I to 9 : totooto tttooto coxO»J -j-*|0<I KtO to 2 I 9to: C3 (CtO^EO -4-jO-J -- ccto I a *j CE O 0« 03- too C » CO 00^ -j -'1 «» : ociCD^db QD 5 ob i* I CD GO d: : I ' 5 C5C0 A cc ** I 1 I 3 lO's I I i!: 5 oboo 2 cc5®x — o CO ? ccobOob I Cfcob-ob o« I o»: I 10 9: : I = I 1 1 1: I; I I I I I I I > •^ 5 858 CD© <ft •^i ** 10; Prt. 5 00 9*^: © w: t- oa 1>H cccDceo OD 'T- f-to ** '^ «.•; or 00 2 COCO tOtDo© 83,8 1 3 I I 10: i I li Inciunen sales In Beptemher, 1886, IJr Bepiember, 42,900; September-October, for October, iiS 7,200. cnn tttiove table, and sliaU oontlane each .-tr We uave iiiuiuued Wc^eK to <lve, tbe average price of fatureH naob day for each montb. It > m found aader each aav following; tb** >ti>brtjViattoa '* Aver." Tiie areraee for each montb for the week U also given at hoUom of table. TraDBferahle Orrtem—Saturdaj-, 9"10o.. vl.mrtay 9'15j.; laesday, 9-05i-. Wednesday, 9 050.; Tborsday, 9-05o.; Friday, 910c. (tti ; Tbe followina: Tbb Sales and Pbioes of Futubss are shown by the follow CO ©to c;i -ji 2 ** o®: V> Ul < too 2 -j-j »1- 938 95g 9^e day 5 It ni 1 toscte ®® 5 ®e -iJx I 100 ijt tc® -J oc CC» 100 wO w tc to 11^*3 CDob Delivtriet bj OOhD it>to »?>: CJI 2 2 ocioia^ ».": to V> Qi •re tcto *-co (OCC0-.0 CJi ^©(O --© 9 C;iO xtcoto 10 -. I .^ tcto 1 ap: :;< 5,® 0-, O ^1 »«;: ef. to- .Tl ®® 5 9 10(0 cn^o"^ c* w ISO i »o. I ®® 5 ®® 5 5 to® 2 ^ MIOOm -J tcto tl(0 cr. *< S.-! CO totooto CJ>cJ»OcJ* o-.<i n^ ®® M» to -I tOtOQtO = .^ 10 *- I «» to o 2 90: I totocto I J.©CJ1 1 c;<*-^ 658 276 85,3i;0 dally deliveries given above are aotaally delivered previoas ro Clmi ou whion t.ney are reported. ^, aco: I toco Prt. 233 102.600 732 109,400 710 LU4.100 450 2,0811 iog comprehensiTe table.^ *i coro ;, t-'..^ ; a ^£. 6 i'; lt>. trill 2B6| HO.Kuo •2m 42,8 >0 The oDtOta^ CT^_CC ®® o '^ to ccto Ca:co coioto"* 2 C^iC^ttO^ I c;ii^ CO to c;i »<»: CO <sto K to Ig^ OD l«: 2-6 249 276 quie; Ibure S eady Ftl.. C^uiei and steady . O'V* tSi(' 107e AHll TK.«ilSIT. til. mo6 o ^|^^ totoOto I 6^4 Spec- Iran- rump ul'fn 2 « r": I ifcco 1 : »"•.' I CO c (OKI CO .-».•< = totooto The total sales and future deliveries each day during the week are indicated in the f oUowmg statement. For the con Tenience of the reader we also add a column which shows at a glance how the market closed on same days. BAXJIS is-Wm'' to to HABKET AND BALES, SPOT If ASKET 0LO8ED. 2 «-i: ®® 5 O ®® 5 2 |9 ceo CO 15 5 totooto fa. to OtOo® toto 00 s I <0 1 eoOo c6©6 ®® 5 o ox 7% &58 a; 00 sod: I tSlf*. 66e 7I16 8 8'l8 93.6 938 W»8 978 10>« CO u I 2 »." "»-o to 521 : ®® to® ccw H. o cdoo c6c6 ^oto teoot^ »- 2 " CO I toOro obo too" -1 0.5--: I ' ex non Xnca 658 7I16 8 S'le 8 '8 9S,8 938 9=8 978 lOH 10U„ lO's STAINED. ' l(ll4 9 10'll8 Fair. 9=8 9'8 2 *" cjicil 658 71,8 8 87,6 s's &S,8 9^8 858 8^8 1014 10^8 8% ^ ®to to— tooo e'ls 6'8 Ordliiy.«k €.7,8 Btr.G'dOrd Lew Mldd'K •Btt.L'wMia 8'18 8'8 93,8 8=8 978 1014 lo's 9718 9^16 8 87,8 8'8 9».8 938 9 93l8 'he 8 8H 658 71 16 67ie e^g 6''8 713l8 8'4 8iiie Ord SH IjOW Mldd'K 6T,« 00 too I to nion Tnes Sat. Sat. 2 "" o£SciaI quotations fcr NEW ORLEANS. Mou Toes ^ 5 M-.1 i DFLAND8. 2 otcgte I ocO con I I were to arrive. The following are the each day of the past week. 5 CO ' — -jo to tcto — — 5 Bi ; ®o.'' 00© 00 — — 'f SJO-tH cbO for cotton for future delivery dealings 2,531 bales, including 450 for export, 2,081 for consumption, baits Of the above, in transit. for speculation and Bi - £ o ^'e 665 052 515,912 3:i.882 6; Bi i Hi !_. fCjn ft 590,880 22.267 18,038 - I * 00 CO 51,2t6 21,161 135,887 57,994 32,V98 02.S.S »e»5 3.; 58 455 97,636 44,.i<0 S: : <5l 155.543 129.^8 100,765 13,000 21,000 17,000 11,000 3,661 None. 10,600 1,000 f^ ** Total. wite. S4.783 None. 11,000 MobUe O Ooatl- E.S« E. i Ore Shipboard, not eleared—for Son. 19. C>oo c sdtp i o » & O »O i 2! E. p, : . 3 lXlt7 15 Eg lE.g' XLIU. [Vol. exohanjifea have been •50 pd.toexcb. 1,030 Jan. for June -t8 I'd. to e.KOU. 100 Deo. for M-ir. •S8 i>d. lo «xcb. 2,500 Duo. f.ir Apr. •09 pil. to exoU. •./,600 Ddis. for Jan. lit (Ml. til Bxoli. 9'Hi Doc. tor Fab. •40 pd. ti) excli. 100 Feb. for June. •10 p'l to t-xo^i. 10 .fan. Cor Feb. 39 pd. to exob. 2.500 Djo. for Apr. '21 pd. to excU. 400 Jan. for i\I.tr. I m'i'te duria< the week 100 Jan. for Feb. 5 J > u JO. f'>r Jan. pd. to M.xob. SiiO I)d0. for Feb. lid. Ill Bxob. 700 J tu. for July, p I til oxuu. lit S'if. tor l>80. -09 pel to exoU. 10 -iJ 1 -6 1 03 .1 1. 1 rttori. I 'il t> I t'l ox.ju. lOJ l>eo. for Feb. '21 pi. to « cob. 200 J 1:1. for ir. June. 30 pd. tJ ezcii. 30l) Afar, ^r H Thb Visible Sdpply of Oorrosto-ni^ht, aa taidaup by osbl a d telegraph, is as follows. The CmCiaensilacojij. ai well a taode for Qreat Britain and the afloat, are tlij waak's returns NOTUtBEB THE CHRONICLE 20, 1888.) Aid >«nsequently all the European figures are brought down (j Thursday evenum. But to make the totals tbe couiDleD^ figured for to-night (Nov. 19«, we add the item of exports ir>. the United Stateti, includmg in it the exports of Friday only. 1885. 1836. 1884. 1833. B .ook at UTerpool 389.000 433.000 433.000 balsa. 40l.i>O0 17,oOJ 20,000 &4.000 46,000 auMkM Umdoa m Toul Oreat Brttaln stoek 418.000 131.000 8.000 90.000 5.000 10,000 404.000 3.O00 32. 3 JO 21.000 6 JO 2,300 110,000 3,000 34,000 6,000 5,000 203.900 . 220,200 •nek at aamburg took at Bremeo i.esjo 16.800 5.000 Btook at Amatenlani .......... Btook at Rotterdam Btook at Antirerp 300 1,300 Blookat Ha^ie Scook Btook Btook Btook at aCarselUee at Barcelona at Oeooa at Trleate Total Coadneiital itooks Total European stooka .... 631 .900 cotton afloat for Eoiope. 34,000 .Aaar^oott'nadoattorEor'pe 457.000 I odla 66,0O0 861,325 Cgjpt,Bnull,AiJ.,aatforE'r'pe Btook is United States porta .. Btook In D.B. Interior town*.. 30l.>-2t CUtedSUteaszportato-dar.. 15,346 629.200 29,000 537.000 36,000 778.082 274,348 4d,065 477.000 4.O0O 33.400 33.000 kTS.OCO 2,000 900 1.500 1.7C0 135.000 6.U0O 23,000 6.000 8.000 132.000 6.OO0 35.000 6,00u 9,000 231,000 284,300 724.000 49,000 610.000 44,000 601.316 212.415 1 1.00 J 237.000 lio.ooo *«)••• aBoat (or Europe. . 457.000 864,325 CalM«8t»toaatook Oaiiod States Interior stoeka.. 3A1.&2( bales OoattaaaM UailedBtotasezporUMHlar.. 15,346 274.000 144.0C0 637.000 778,032 274,344 " 46,055 328 000 lU.OilU 610,000 801.316 213,415 11,000 yUOTATIOSS fOR MIDDLINO COTTON AT OTHER MARKETS. the table below we give the closing quotations of middling cotton at Southern and other principal cotton markets for each I I day of the past week. Weele erutittif Noil. 19. CLOSINQ QOOTATIONS rOB MIODMNO OOTTOM aaiw. Man. Tuof. Wtdtua. 8»ie H»l« 89.; S'g 8=8 8°8 8i« 8»9 »»8 8»8 8<^ 8>s 8=8 8=8 8^ 8^ 8% 815,B 96,6 ON- Ihurt. «'8 fri.. as ouo 4.50i; r62,3oo QalvestoD New ... Orleiuu. MobUe Savannab. CTiarleston fc»16 .. 8»8 . Wilmington 8% .. Norfolk Boston Baltimore PhUadelphla. Mempbla 8''9 231,000 188 OCO 493!ooa 931.806 313,593 6''8 9a, 9^16 9>is 9i^ 8'19 S". 8»,« 9i,g 9U. at. Lo'iig .... Cincinnati... LonlnvUlo.... 8I>8 8«8 8*»'s Aaguata 76.00-J 931.806 313,593 16,600 8^ 8»18 84 f^n 4 >.^.000 55.000 Ot tk«aliOTe.tk«totaU of American and other deaerlptlona are aafoUoTe: AaMrMal»— U mml etoefc. stooka week last year, and since September 1 the receipts at all the tj>wn8 are 37,098 bales m')re than for the same time iu 1885. 5(1.300 2,360,395 2,329.685 2.455,731 2,650,298 total Tlalblesnpplr 611 8>9 8»18 8i»i« 9»18 M'm 6li«'ff'« 9% 939 8>a 8",. t»8 87,„«^ r'« BH 8% 6H 8% B*» 888 8»8 8% 8% 8=8 8% 8=^ 8>S 8si 8=8 8=8 8% 8=8 8« 8% '6,8 91 8 »'l« P'lS 9=4 94 S^s 8" 8 6=8 83t 8><»«i« (•».« 6=8 8=^ 8% 9% Receipts prom the Plantations.—The following table indicates tbe actual movement each week from the plantations. The figures do not include overland receipts nor Southern consumption; tfaey are simply a statement of the weekly movement from the plantations of that part of the crop which finally reaches the market throtuch the outports. BacMrUatlhtParU. BnOint- 16.6 ISdS. 1861. ; 'ttltat Jnt4r«ir Ibwfu. 1886. 1884. | 188S. | 188S. Rte'vUSrem 1884. PUuam I88S. I 1886. I TMalABMCloaa 1,085,495 2,057,485 1,673,731 2,175,998 Mml Indian, Brant, dc— 16t.000 17.000 BS.900 34.000 66,000 Umdanatoek OMMMMal stooka jam* alloat lor ^orope $9pt.BnaU. Ac, afloat XMal Beat India. Ac TMalAmeflcaD 115,000 20.000 72.200 29,000 36,000 195.000 54.000 140,000 49.000 44,000 201.000 4b.0J0 96,300 76.000 55,000 374,900 I/l*acpaol stook 272.300 482.000 474,300 1,985,495 2,057,485 1,973,731 £,175,9j8 2;360.3SS 2,329.6<>5 2.455,731 2,65''.398 J*lsiblaanppU 5S,.d. 5»i,d. rrtMjiid.Dpl., Uverpool.... H^no. •MmOHUpI.. Mew York... 9*ua. The imporU into Oontineatal ports this 1^ 5VL IO10. 5i&,kd. 10>ar. week have been U^lwlsa. TlM«boTe flfnuMS fruW^H an inonate in the cotton in sight to-night of 80,710 bales as comparedwith the same date of 188S, a deereate of 95,830 bales as compared with the correepofuiing date of IMM and a deereate of 289,903 bales as oonparad with 18S8. A r THE IHTSBIOB Towm the movement—that is the receipts to the week aad sinoe Sept. 1, the shipments for the week, and the stocks to-night, and the same items for the corresponding Oot. 18.. - n., - V2,<»4 119.132 143.(32 :86.8S9 260.838 S<t2,6C6 .«»,llS2ei.704'28\818 12a.51l|lltl.;8»l(?6.5<l 331.969 Stl3,154 308.4S7 277,47o'26.S.0<3J254,4S.'i 18«,tl5^'l^u«.S07 228,997 304.017 'SIS.HsIsOI.mBS Not. S 12.. It Mi.im . 231.«D1 230,288 257.aillir7J,«2.)'271.C«5 171..»^'21«.t)H279,<t84»78,»7»'a«,S-9 822,368 26tl,ll4V<l2.061|>73,330 18i>,»7ol2TU,B31 1317,897 2iM,088'l:S3,34^^:l,Bt3 Ia58.rr4'a70.4ai|a8(t.l»g 22B.W)|30M.t«ll337.18o!lW9.g<3!ab9.751 |:!88.o;» — The above statement shows 1. That the total receipts from the plantations since September 1, 1880, are 3.4413,733 bales; in 1885 were 3,4'"i8,76S bales; in 1884 were 3,433,083 bales, 3. That, although the receipts at the outports the past week were 36'J,598 bales, the actual movement from plantations was 388,079 Dales, the balance giing to incr<'ase the stocks at the interior towns. Last year the receipts from the plantations for the same week were 399,7.51 bales and for 1884 they were 389,343 bales. AMOUNT OP Cotton in Sioot Nov. 19.—In the table below we give the receipts from plantations in another form, and add to them the net overland movement to Nov. 1, and also the takings by Southern spinners to the same date, so as to give aubHlantially the amount of cotton now in sight. period of 18811—18 set out in detail in the f oUowinic statement. 1886. 9>0 ReoetpUsttheportsto Nov. 19 2,157,612 3,165,357 2,2iiO,759 2,198,099 Interior stooka on Nov. IS In 289,120 293,411 212.324 310,592 ezceaa o( September 1 a It — lit m S 188S. 1884. 1883. Tot. recplpta from planta'tnai2,446.732 2,458.:63,2.433,083 2,508,691 1 20,080 to Nov. 1 153,156| 98,^71 126,839 6S.00< to Nov. 1 60,000 50,000 59,000 Bet orerlanil HH.*- ? ce 2-«» SuatUem oonsumpt'n : S e W f: I f i il^i §»: f: 2,634,818 2,671.924,2,591,3:^7 2.694,9SO Total In Blgbt Nov. 19 : : Northern spinners' takings to Nov. 19. ••M*« 444,839 474,500 3%<,555 523,452 senn hv tbe above that the dnoreaAO In amount In sight to-nlght. as oompared with la«t year, la 37,106 balen, the lucrease as oompared wltn 1884 la 53.4'j1 bales and the decrease from 1883 59.732 bales. Ft will \h\ M «4 c^'-»4 Weatbeb Reports bt Teleobaph.—Our advices by telegraph to-night indicate that tbe temperature has been low at the South (luring the week, and that in some sections rather heavy rains have interfered with crop gathering. Killing frost and ice are reported in most localities, and at Nashville thi first snow of the season fell on Wednesday. At many M A w a> c ^ u a ic CO « cc c^ > CO CB "^ OS M S3iS U 10 00 31 » aU '^ c0* K io*« •a'tA bo — cs is nearly finished. Oalveston, Texas. It has rained on five days of the week, the rainfall reaching one inch and six hundredths. There has been killiog frost and ice on one night. The thermometer SV^((|[ed 53, the highest being 75 and the lowest 35. have had rain on two days of tbe PtUetUne, Texas. week, the rainfall reaching eleven hundredths of an inch. Killing frost and ice on three nights. The thermometer has averaged 47, ranging from 37 to 63. New Orleans, Louisiana.— It has rained on three days of the week, the rainfall reaching one inch and five hundredths. The thermometer has averaged 60. Bhreveport, Louisiana.— TeXegt&va not received. Columbus, Mississippi. It has rained heavily on two days of the week, the rainfall reaching four inches and ten huudredttiF, Picking is virtually finisbed. The thermometer has averaged 46, the highest being 64 and the lowest 30. Leland, Mississippi, It has rained on two days of the week, the rainfall reaching one inch and fifty- four hundredths. The thermometer has averaged 479, ranging from 37 to 70, Qreenville, Mississippi.— Ahoat seven eighths of the crop has been picked. The crop is shorter th^in was anticipate(^ Ice formed on two nights of the week. The thermometer has points picking bA oS»*. ii *a >4 tf -4 ^ •^ en ;^ <0 ^ W £ w *• CO ^ n t '3 u 'it tun p * o M»N*»go KMMW Mi-fS^aCa^Q «s* 09«Q-4u;^*eoeoaBoaco"'OdOb^ -^OgDO W-JO 9^000*00 GO -4 ^ 01 C^i^ WAM .- TMs year*) The aboTs MkaoOMQOUWM 8c*9kcaiae?»'uai9[»Mgk*«QD*ia>^-' «i 16 noi^o o »d#- « a Qoa a (0 A CO o m show that the old interior stocks have hales and sreto-nicrht 37.4TD bales more than at the same period last year. The receipts at ttaBBBine towns have been 13,432 bales lets than the same totals — We — n«raras estimated. <ncrea««fdorin«rtbewmk 17,819 — — ranged from 30 to .IS, Clarksdale, Mississippi.— "We are having too much rain, it having fallen on three days of the week, interfering with picking. The rainfall reacced one inch and eighty-four hund- THE CHRONICLE 612 Ice formed on two nights of the week in this vicinity. tbitds of the crop has been picked and is being freely marketed. Average thermometer 43'2, highest 73 and redtbs. About two lowest 27. —Telegram not received, Arkansas, Helena, Arkansas. We week, the rainfall reaching The weather has been too Little Rook, — have had rain on two days of the one inch and eighty hundredths. bales, and an inorease in shipments of 3,0r)0 bates, and shipments since January 1 shew an inorease of 331, 000 bales, The movement at Calcutta, Madras and other India ports for the last reported week and since the 1st of January, for two years, has been as follows. "Other ports" cover Ceylon THitioorin, Kurrachoo and Coconada. 3,0OC Shipments for the week. cold for picking, and the rain has also caused interruption, but over two-thirds of the crop has been gathered and is being marketed freely. The thermometer has averaged 87, ranging from 28 to 68. Nash'oille, Tennessee.— It has rained on five days of the week, the rainfall reaching two inches and thirty-seven hundredths. Snow fell here on the night of the seventeenth— the Average thermometer 43, highest 65 and first of the season. lowest 24. Mobile, Alabama, It has been showery on two days and has rained severely on one day of the week, the rainfall reaching one inch and forty-five hundredths. Killing frost on Wednesday night. The tributary rivers are higher. The thermometer has averaged 53, the highest being 75 and the — [Vol. XLIII. Great Britain. Continent. Total. Oaloatta— 1886 1885 ShipineTits since Great Britain. Continent. 1. ToUU, 61,000 69,000 37,000 18,000 98,000 77,000 37,000 13,000 5,000 i',5o6 42,000 13,000 Madras1886 1885 otbere— 1886 1885 January i'.soo \11 1,500 2,000 3,500 66,000 61,000 51,000 64,000 117,000 125,000 3.000 2,6o6 s',6o6 164,000 133,000 93.000 82,000 257,000 215,000 otal all- 1886 1885 The above totals for the week show that the movement from foar days in the the ports other than Bombay is 5,000 bales le.ss than same early part of the week, but the latter portion has been clear week last year. For the whole of India, therefore, the total and pleasant, the rainfall reaching two inches and thirty-one jhipments since January 1, 1886, and for the corresponding hundredths. About all the crop has now been secured. The periods of the two previous years, are as follows: BXPOKT8 TO EDBOPB FROM ALL INDIA. thermometer has averaged 52, ranging from 83 to 72. Memphis, Tennessee.— IX, has rained on four days of the 1885. 1886. 1884. Shipments week, but the weather is now clear. The rainfall reached one to alt Europe This Since This Since This Bine* ranged inch and seventy-five hundredths. The thermometer from— week. week. Jan.l. Jan. 1. week. Jan. 1. from 30 to 63 -5, averaging 48. Selma, Alabama. It has rained on three daysof the week, Bombay 4,000 1,013,000 1,000 692,000 9.000,1,160,000 5,000 21,'>,000 257,000 6,000 296,0CO the rainfall reaching one inch and ninety-five hundredths. Mlotherports. The thermometer has ranged from 39 to 69, averaging 53'5. Total 4.000 1,270,000 6,00ol 907,000 15.0C0 1,456,000 Auburn, Alabama. There has been fine rains on four days Alexandria Receipts and Shipments. Through arrangeof the week, the rainfall reaching two inches and ten hunCo., of dredths. had killing frosts on Saturday, Sunday and ments we have made with Messrs, Da vies, Benachi Thursday, and ice formed on Sunday, Wednesday and Thurs- Liverpool and Alexandria, we now receive a weekly cable of the movements of cotton at Alexandria, Egypt. The following day. Average thermometer 50 3, highest 68, lowest 30'5 Birmingham, Alabama. It has rained heavily on two are the receipts and shipments for the past week and for the days of the week, with heavy winds. Picking has beea inter- correspondiner week of the previous two years. rupted by the rain. Alejeanana, Savpt, 1886. 1885. 1884. Nov. 17. have had rain on one day of the Madison, Florida. week, the rainfall reaching one inch and twenty-two hun- Keoelpts (cantars*)— dredths. The thermometer has averaged 64, ranging from 33 TblB week 190,000 180,000 200,000 ainoe Sept. 1 982,000 to 81. 1,033,000 1,043,000 Macon, Georgia. It has rained on one day of the week. This Since This Since This Since Columbus, Georgia. We have had rain on two days of week. Sept. 1, week. Sept. 1. week. Sept. 1. the week, the rainfall reaching two inches and thirty-six hunExports (bales)— dredths. Average thermometer 49, highest 65, lowest 31. 21,000 81,000 14.000 61,000 10,000 76,000 ro Liverpool Savannah, Georgia. It has rained on four days of the 4,000 21,000 9,000 29,000 9,000 23,000 To Ooutlnent week, the rainfall reaching forty-four hundredths of an inch. Total Europe 125.000 102,000 23.000 90.000 19,000 99,000 The thermometer has averaged 58, the highest being 77 and * A. caQlar is 98 lbs. the lowest 46. This statement shows that the receipts for the week ending have had light rain on three days Augusta, Georgia. of the week, the rainfall reaching fifty-eight hundredths of an Nov. 17 were 190,000 cantars and the shipments to all Europe inch. First ice of the season formed on Sunday night. About 25,000 bales three-fourths of the crop has been picked and five- eighths marManchester Market. Our report reofived bv cable from keted, and marketing still continues free. There is les-* cotton Manchester to-night states that the market is firm for both now in the country than at this time last year and indications yarns and shirtings. give the prices for to-day below, and point to a falling off in the product from last s ason. The leave those for previous weeks of this and last year for con> thermometer has averaged 51, ranging from 35 to 78. parison Atlanta, Georgia. Telegram not received. 1885. 1886. had rain on two days, and the have Albany, Georgia. Oott'n Cotth, pleasant. The rainfall reached remainder of the week has been 8>« lbs. 32« Cop. 82* Oop. 8H Ihs. Mid. Mid. one inch and seventy-nine hundredths. Ice on one night. Shirtings. Iwisi. Shirtings. Twist. TTpldM Upl'i Average thermometer 53, highest 76, lowest 31. d. d. d. 8. d. a. d. A. d, A. 8. d Charleston, South Carolina. It has rpined on four days 514 7 ®7 1 »7ia 7i=ua89i(, 6 96 6 of the week, the rainfall reaching thirty -one hundredths of an Sep. 17 7 •• 7 «7 1 7 a6 7 5% 716j8989lt 24 inch. The thermometer has averaged 57, the highest being 74 Oct. 1 1\ »7% 8 «7 2 7'«1»6 7Hi 5'l6 " 97 2 7ifl«6 7»» 5Bi« 8 f»8N 5»a and the lowest 34. 8 73,8-711,6 " Ifi Tig ®7'8 »7 2 7ifl*6 7»s < aSH Carolina. It has rained on three days Stateburg, South " 22 7'u-7ii,6 7ia»6 7's 56ia 7iBi„ai8<ig »7 2 of the week, the rainfall reaching sixty-four hundredths of i7 IJ3 5J4 " 29 7i8 ttlH T'a ®8'a 71a »6 7i« 63, »7 l>a an inch. There have been light frosts on two nights and kill- Nov. 5 73i8_711,6 IH*^ 7>s 518 7% 8838 " 12 73„^-7Hi6 8 •»7 1^ 5J« 7ia96 7'« 5>8 7=8 a8l8 ing frost and ice on one. The thermometer has averaged 53, " 19 738 38 8 97 IHi 53ig 7'si6 718 53l6 7ii,ga83,f -lowest 32. Montgomery, Alabama. —We had rain on — — — We & — —We — — — —We — We — — We : — — ranging from 81 to 73. Wilson, North Carolina. Telegram not received. The following statement we have also received by telegraph, — showing the height of the rivers at the points named at 3 o'clock Nov. 18, 1886, and Nov. 19, 1885. Nov. 18, '86. Nov. 19, '85. Inch. Feet. Inch- Orleans.... ..--.Above low-water mark. 1 6 4 Above low-water mark. .....Above low-water mark. .. ..--.Above low water mark. Above low-waier-iuaik. 3 8 18 9 8 8 6 1 Feet. Hew Hempliig HashvlUe BlireveiJort.... VloksbiiT); 7 1 MlS9 Ins. 4 4 21 7 — India Cotton Movbmknt fhom a.ul, Fokts. Tne receipts and shipments of cotton at Bombay have been as follows for the week and year, bringing the figures down to Nov. 18. BOMBAT BBOBIPTS AND SHIPMBNTS FOR Shipments this week Tear Great OontiBril'n. nent. IFOUSl TBAJBS. Shipments Since Jan. Great Total. Britain Oontinent. 1. Receipts. Total. 4,000'328.000 685.00C 1,013,000 1886 4,000 I,"00z20.000 472,000 1)9 2,000 1885 1,000 1884 2,000 7,000 9.000507.000 653,000 1,160,000 1883 6.000 4,OOo:iO.OOOl460,000|787,000 I, ,i 17,000 According to the foregoing, Bombay appears to snow an increase compared with last year in the week's receipts of East India Chop.— Messrs. Gaddura, Bythell & Co.'s report dated Bombiy, Oct. 15, had the following The monsoon "ppears to be over In Bombay, and our days are bright and fine, tbouKli there have been a few llsht showers iu some of the Deccan and f erar districts since last week. From up country opinions seem to be divided as to whetlier a little more rain will ba benetlcial or otherwise to the growing cotton crops, but except In the immediate vicinity of Bhownugsui-. where the plants »'e deoic1edl.y in want of : we do not think a further fall is neccHsary, though if we are have any more ran it is to be hoped that it v ill come down soon and not In December, as it has done of late years with disastrous effects. e decidedly favorable. Cotton crop prospects for the ensuing season Jute Butts, Bagging, &c.— Not much activity is reported in the market for bagging, and only ali ght jobbing trade is being done. Prices are easy, and a buy r of a large quantity could obtain a concession. At the 'loe> S3ller3 are quoting 6)^0. for 11^ lbs., 7(3. for \%Vos.,TX' for 3 lbs, and 8)^c. for standard grades. Butts have been taken in small lots at previous figures. About 1,500 bales have sold at l?s@ 1 II-I60. for paper grades and a@ 31^0. for bagging qualities, the market closing at these figures. moisture, to Comparative Port Keceipts and Daily Chop Movement, A comparison of the port movement by weeks is not accurate, as the weeks in different years do not end on the same day of We have consequently added to our other standing the month. tables a daily and monthly statement, that the reader may o jnstantly have before him the data for seeing the exact relative KOTXMBKR moTement 20, 19». THE CHRONICLR I the yeara named. The movement since 1886. and in preTioua years, has been as follows. for September 1, Ttar BagiHHtng StpUmitr lt«ntMy **«*»"»• 1884 1885 18b6. aept'mb't 359,303 385,M3 Ootobar.. 1,034,4 '.o! 1,035,' 2 SMal 1883. 349,44) : I. 1882. 326,656 980,534 343.812 .090,383 l,O46,09S 1831. 429,777 853,193 1,393,653^1,441,366 1.435,330 1,389,901 1,307,240 1,282,972 t^nrxmge of tot. porti teeelpu Oak 31..I 3004 26-71 2-66 j 21-72 27-18 This nueinent snows that up to Oct. 81 the receipts at the ports this year were 47,613 bales less than in 1885 and 12,1T7 bates leas than at the same time in 18S4. By adding to the total to October 31 the daily receipts since that time, we shall be able to reich an exict comparison of the movement for the different years. 1885 1886. 1884. 1883. 1882. 1881. Tot.Oo.31 1.397,653 1,441,266 1,439,330 1,389,904 1,307,240 1,282,972 Nor. 1 49.464 6. 31.747 32,374 36.792 29,104 ** 3 ... 99.245 52,230 S. 43.639 38,060 27,151 " 8..I. 36,645 48.601 99,119 87,218 41.574 35,983 " 4.... 40,678 36,619 40,493 8. 38,904 48,336 " 5.... 43,781 27,625 34,866 61,344 8. 31,603 " «.... 44,668 66,534 84,599 83.558 49,216 8. - 7... 8. 27.266 98,307 34,133 42,473 46.365 - 8... 6. 96.690 32.773 29,523 37,.-82 34,301 •• • 46,9 49,911 8. 63,578 36,297 40,339 - 10... 84.769 88,371 4t.99« 33,368 57,777 33,590 - 11... 35.(10 89.972 41,677 6. 38,651 17,069 •• la... 55.01b 33,79i 31,936 97.258 8. 29,130 - 13... 47.217 51,4(9 50,219 39,30 9 2,09( a. •• 14.... S. 33,135 6;.76o 31.91;> 31.581. 36,743 56.538 8. 29.89: 81,427 32,175 33.669 " 16.... 41.081 98.629 8. 57,38 1; 47,217 41.244 - 17.... 89.437 44,132 M,19i 28,538 55.455 25,136 " IB.... 49.477 39,294 38.6(S 38,822 63,533 "• - 19.... 93.07b 82.920 8I,6JI 49.735 8. 30,309 m I Below we add the clearances this week cotton from United States ports, bringing the latest dates: NrW OrLBaNS—For Liveroool-Nov. 13—Steamer BAVANNAH— For Liverpool— -Vov. 13 -Steamers 2.l.57,61vl2,106,52f- 2.118,60: 2,0)8.852 1.033,893^1,921,137 portrx'p-^Nov. 44-25 41-51 4069 up i3 S2'96l This Statement sbows that the receipts since Sept. 1 lo-night are now 51,083 bales more than they were to the same day of the moath in 188.5 and 4 t,OJl bales more than they were to the same day of the month in 1884. We adil to the table theperceotages of total poet raoeipca which had been received to Nov. 19 ia saoh of the years named. Buiiura Hbwb. —^nie muocu of Below we give ivtumtt, have reached lSI,tll bales. So far as the Southern porta are concerned, these are the same exporta reported or telegraph, and published in the CBBonoLB last TMmj. with r^ard to New York we Iwniaile the mantfwitsof all tmshIs ol«ued ap to Thumday. To^ut bait*, >SW TOBK—To Uverpool. p«r steaiBen City ot ClMSter. 1,564 ....Pours, l,303....Brpat>Ue, I.373....8ems, 1,211.... WronunK. 1.305 6,7.58 To Laltb, per stcsoMr ItoBavro, per Mesoiets Ls Boarmna. 1,104 T» B wi Mia. p«r« t ss s r» Eidsr,9M.... Etna. 900 T» Bambarr, per Meaniers Pal}riia«U. 3.337 sels . • ^ serious extent. Ootton freights the past wpek have hpen as follows8ai««r. U verpool Do , JTon. TAurg. »1«»"m8i6«"m Frt. 'lfc«"«4 saU-.-d. riavre, Do steam ...e. sail 'Is' Uo "l8 'is ''ll e. 3remen, steam..*. sail e. aamburg, 8team.e. Do sail Do is ^IS 'le e. viust'd'm,s&am e. sail... 90355* 90855* 50955' 50853' 50»55' S095S* e. '(eva\ steam d. sail •i«8^ *i««*s •taw's •l»-% <!. Baroelona.8teamd, >4 d.' ''at »e49l« rtleata.ateam...d. 'laS'is Aatwerp. steain.d. *i»a7sa ' Widnet ft«««. steam it. Per 100 a s, •»$a»i8 ^l'*^St 7, •ss^'is lbs. — By cable from Liverpool, we have the following iiatement of the week's sales, stocks, &o., at that fort. previous weeks for comparison. idd LivKRPOOL. Wo Oct. 29. the week batesOf which exporters took .... Of which speeolators took.. lalea of ialee Amenoan 4ataal exi>or-i VorwarOed rotal stook— Estimated Ot which Amerloan— EsUm'd Dotal Import of the week...... Of which American A-noont nOoat Of which American .Vo». 9. 90,000 3,000 1,000 41,000 6,OOo 10.000 340,000 170.000 103,000 R4,000 227,000 209.000 60,000 4.000 1.000 49,u0< 10,00< 11,00< 34.S,OO0 170,000 SS.OW Aop. 12 60,00< 9,0C0 2,00v 47,000 4,000 16,000 341,000 173,001 69,00t 68,000 67,0OC 317,0O( 327,00(' ^9.^,noo 308,0OC Nov. 19, 77,000 6,000 2.000 96,000 5,000 17.000 401.000 237,000 151,000 131,000 286,000 271.000 Wlelsod. IJWO T^ AoMtordMB. per •toamer 8eliladaa. 800 Ttt Aatwwy. pee ! — nwrs Bliynlani!, 9<l8....Valan«iU. 1,028 T» On p«a>s » i. psrtsauisraslsnio. 436 lb OMtsaborr. parstssnMrBslsnio. Ml n> Osaoa, per Meaaar Dovooia, 188 Osuuas-To Uvupool. per tteaman Aotnr, 3,708.... Ameilau, S.lOil .... CMaUn, 4.100.... Editor, 3,743.... i Architect, 4,162. AssTBiA, steamer (Br.)—Sixty-seven bales of cotton, ex-steamer Assyria, from Glasgow, caught Hre night of Oct. 31 while lying at the Fonte Spiuola wharf, Genoa. The Ore was subdued, but the bales were all damaged by Are and water, but it was thoueht not to a 1,104 1.830 » to news received to date of disasters to vee carry cotton from United States ports, &c. 300 CrlUo. COO down all Uniud cotton from the BMSi the past week, as per Mt««( moi/ our data Nov. 16-8teamer Nova 3cotian, l,6-.:4. For Bremen-Nov. 17—Steamer Hermauii, 1,529. For .Vntweri>— Nov. 10-8teamer Pa.xo, 1,700. PBU.ADBLPHIA— For Liverpool— Nov. 16—Steamer British Prince. vieiioa,steaib 39 0; lt)l of vessels carrying Boatoa City, 6,558; Riclimond. 3,200 Nov. 15— Steiuuer Anerley, 4,875; Bark Valona. 2.8 il Nov. 17— Steamer Chelydra, 7,155. For Reval— Nov. 13—Steamer Syl\ la. 4,850. CHARi.E8Ti>N-For H.ivre— Nov. 12- Barks Gehon, 3,000: Walle, 1,925 Kov. 1.1— Bark Mulchiorre. 2.300. WILMISOTO.N-For Liverpool— Nov. 13— Bark Lydia Feschau, 1,272.... .Nov. l3-8ark Jose Giaebra, l,-2<)0. NTORFOLK- For Liverpool— Nov. 12—Steamer Kingdom, 6,215 .. Nov. 17— Steamer Guldo, 7,660. Boston— For Liverjioui- Nov. 10—Steamer Palestine, 1,479; Samaria, 25; Vir^iuiau, 1,466 Nov. 15— Steamer Iowa, l,a97. For Halifax-Nov. 13— Steamer CairoU. 3. For Yarmoutli— Nov. l7-8teamer Dominion, 50. BAf-TiMORE-For LiverpiwI— Nov. 13-stoamer Baltimore, 3,899.... Uo Xotal 613 i w 3,737 2uO 1,996 489 981 The tone market for spots and futures each dty of the week ending Nov. 19, and the daily closing prioei •t spot ootton. have beeoi as follows: 188 of the Liverpool Batunlay Jfoiutey. Tufday. 4m(. Wtdnet THurid'y. fVMfav. Good Good Edoaidu, 9,090 .^ 19,609 Market, j bculnets Bareir In barera' Btesdj. bURlness Id barers' To H»vi». per stssmsr Aanorton. 6.530 6,539 favor. supported ix:JOi-.i(.j favor. doing. dolDS. Ttt Bts i ss, per sIS—»r atsc. 5.60 J 5.900 „ Opl'da Sa.s 63|« ATAiniAa—To LiTcrpool, per eteamer Ha«Iieodan,5,100 6»i« 5.100 63|S 5^8 9% To narre. per •toamar AmaryUu. 4,8»0 5% 4,800 auLOrrns. To Bu-reluiia.per iteaiiier Ilajr Orreo, 9,061 Wld. Sales 5,0t>l 12.000 12.000 12,000 10,000 8,000 10,000 Speo.Aexp. OBASLSSToa— To Qverpool, per neamcn Uerbica, 3,310....JeM1,<00 I,' 00 2,000 1,000 500 500 BM>rB,4.<0J Per bark Po&ona, 2,635 10,438 ruturu. T» Havro, par lurk Laogeo, 775 779 V» Brsmcs, per •teamrr Anrora, 3.100 3,100 Firm at Staadr at Btasdr at But at Market, 1.81 deSJMad»» O eaes._per bark Ubele, 90O Qnlet. Qnlet. 000 i2:30P.H. ( 8-04 ad. I vaooe. oltoe. OALTWIoa—lb Uverpaol, per •teamere Avoodalf. 6^48.... Proplt>oaa,4,7ie....rerbarkNala<leB. 700 11,964 Staadr. Steady. Qaiat. Bteadj. Steadr. Qnlet. WluiniOTus— I'o liTarpool. per ataaiiier BuaaTlUe. 4.680 4,6SO Xoarouc— ru Unrpool. per (laanars Altna Cralf, 8,126.... 31>Ub«w UrdlloKtoo and RaglDS. 10.461 l'>,587 The opening, highest, loweet and cloemg prices of futures at -• • -BAlirtMoaa— fu Uvrrpuoi. par taamar Keaemore, 3,415 3,419... Bosiux-To Uverpuul, perataasMr UtrlaD, 1,3.M 1.39( Uverpool for each day of the week are given below. These Fhujuikltuia-Tu Liverpool, per Keamer Lord Cllre, 1,960. 1,960 prices are on the basis of Uplands, Low Middling clause, unlesi n* . „ The partloalan 121,2;<1 of these ahipntentsare as follows: otherwise stated. tF '^ prieeM are given in pence I «3-64rf., antt 5 01 mtan* 5 l-gid. Jimtltntam, Iniietrp, Hat.. Not. 13. Brtwt-luidenit *H* IitMr- Haw If. Tort. 9ooL LtUk. 500 6.758 Oriaaaa. 19.099 6.10O 10,433 11.K64 4,880 18.5^7 3.4)5 pyMeins. ....a. 1.391 14»6« ....„ Bam. Hamb, ...... burg. ..... tona. Genoa. Tolal, 17.319 31.738 11,961 900 15,213 11.964 4,680 ... 13.587 -. 3,415 9,061 ....•• 1,354 1,960 Um. Op«n 188 S34>35 500 13,218 14.187 3,212 5,061 1,088 121.221 laaladcd In the above total from New York are 3,133 bales to Hull, I to Copankaseo sud 200 bales to ChrtoUana. ' eitht, lAut: nan.. Nov. l.J. 4 63 mian» Tnes.. Nov. 10. OoUtn- Barte- 1.104 r,?87 3.213 6,539 5,500 4,800 779 8,100 ..••• and d. November.. S0« Nov.- Deo... 5 03 Oec-Jan.... 501 Jan.-Feb.... BOl reb.'March 5 0^ t. lU 4. 506 SOS SOS soa 503 BOS BOI 5 01 BOl S0« Mar.-Aprll.. SOI S04 AprlKMar.. SOS B06 50* Bce Mar.Inne Jooe JolT-. 611 Sll BOl . Oku. UPMI Hick Lou. ObM. 9 01 BOl 6(S soa 5H SOI 508 BOS BO0 BOS Bll Bll 4. soe 509 BOO SCO BOl SD8 600 SOS SIO SOA S03 BOl SOI 603 BOS BOB SOS BID d. d. SOS 606 soa 603 soo 6 01 6 00 6 01 BOl SOS SOS 508 SIO BOS SOS 6 09 6 03 510 OpmBtth Low. d. d. 4. soa 60S SOS 603 603 903 501 6 01 5 0O 6 01 6 01 600 6 03 soa 6 01 601 601 603 6 06 6 08 SOB 906 606 608 Bll 511 BIO Olos. d. 606 BOS 600 BOO 501 608 608 BOT Bia THE CHKONICLE. 614 Wadnea.. Not.I}. 0|Mn High Low. Olot 4. Than., Nov. « d. Kovembcr.. 8 04 SOI NoT.-Dec. DM.-Jan.... tea 463 J»n-Keb Feb-March BOO Mar.- Apr .. 60i 604 Apr.-Ma7 May-June.. eo7 Juce-July.. SOB . . Optn Bith i. 504 504 504 SOI SOI 5 01 4A3 46S 4 63 4 63 463 4 03 ftOO 500 500 SOJ S0^ 5 02 9 04 504 504 IK lAno. Oiot d. 4. d. 601 505 5 01 501 4 63 5 00 4 63 500 4 6:i 500 463 5 0} 500 5 01 500 601 504 SOI 5 05 5 01 5 03 5 08 8 07 5 02 5 04 5 07 S09 509 SOU 609 5 02 5 04 5 10 5 07 5 07 6 03 505 508 5 07 5 08 5(9 SIO Vrl., Opm Nov. 19. at— Wluat. Flour. Oorn. Stih.imthi Btuh.eoWi^ Biuh.su Hioh Low. Oot 4. 4. d. d. 50e 508 5 06 5 06 6 0'.i 6 01 5 01 5 02 6 01 6 01 5 02 5(i2 502 5 02 504 5 04 5 02 5 04 5 06 3 08 5 06 /i«c«4pU [Vol. 8 06 5 01 601 808 511 511 511 5(18 5 01 6 01 5 02 5U4 5 00 5 03 5 11 (Thioago... 110,469 127.304 6.737 6.458 0.9J4 20.U95 4,0JS Ullwaukee.. Toledo.,.. Detroit... C^erelaud 31. Louis. Peoria ... Bye. 14,400 37,012 332,597 51,650 31.101 20.429 41,500 101.635 127,700 209.1'67) 58,553 123.702 17,030 211.085 6.51)0 tt»\Butli.i.'<llit\jtush.SK Ih- 72,850 3)9,239 176.878 500 30.933 12.500 90,520 18,160 7,800 8,500 674,060 9l».9a7 541,746 51,880 105,894 9e,08a 10.227.815 7.489.3?? 1,5S4,645 20.74* 2,400 6,092: 515,953 Tot. wk, '88 Same wk. Same wk. Buth.32 922.481 2U5.257| Daluth..., JBarley. Oofs. Ibf 631.39e| 158.908 XUII. 2i.'i.612 1,94I.5M 24B.S41I 1.648.163 926.506 706,612 848.517 201218; '85 '84 3,155,207 1,149,062 92^5i3 1.313,433 Since July 24 1886.... wet weather, which meal has been a good deal retarded by to some extent interfered with deliveries, and prices, though generally without especially to the trade, quotable decline, are at best barely maintained. The speculation in wheat opened with the show of considerable strength. The storms in Western Europe, and especially in France, and the disturbed state of Europe regarding Bulgarian politics, stimulated speculation for the rise, but it was not sustained. The acceptance by the Powers of Russia's Bominea to the Bulgarian throne, the check upon exports caused by the scarcity of ocean freight room, and the excesrive visible supply, caused selling to realize, and the •' spurts " of the bull operators effected only slight and temporary rallies, that of yesterday being due to apprehension of damage to the fall-sown wheat by tha " blizzard" in the Northwest. To-day renewed speculition gave a higher range of prices to futures, but the regular trade was dull. In elevator delivery 83(4 84% 8414 84»s S3''8 fleilverj 8478 86i« Sb^ fri. 8l\ 85^^ 81 8.5 80 .... b4 85 8558 STSs January delivery 8083 8714 SU^g 8'i'>8 88i« February delivery 88 88 88''8 88 s,2i8 Maydelivery 9214 93 92ia 9314 92'a JunedeUvery 9314 fiSiSs Indian corn has continued to sympathize with wheat, though not subject to the same influences at least not to an equal extent. The speculation was only moderately active, while business for export was checked by the scarcity of freightroom. To-day the market was rather firmer, but quiet. m\ — OF HO. Z HIXED COBN. DAII.T OLOSINO PBICES _ Sat. , Hoveitber delivery December delivery January delivery February delivery Maydelivery Oats have lion. Tuei. 44ia 4538 44!^ 4513 46% 46ifl 45^8 46i8 47ia 4iS8 4913 Wed. 45 Ihurt. 4538 45''8 46^4 3,411,9051 61.301,662! iJ7.752.932 24.43S.340 25,281,848 4ti''8 47 47% 1,035,55* 6,415.903 2,809,09 The receipts of flour and grain at the seaboard ports for the week ended Nov. 13, 1836. follow: AtSaw York Flour, Wheal, bbU. bush. 121.011 1,361,800 87,518 38,996 .. Boston Portland Montreal 30,403 17,565 54,987 ... Philadelphia... Baltimore Kichmond New Oali, Barley, bush. bush. 37.1,250 251, B'I3 biixh. 117,216 25,661 13i,215 10,767 85,800 H7,2d9 auth. 10,120 39,700 « 1,745 10^,641 9,541 151,796 174,341 277,692 28,911 14,450 1,350 1 2,050 Orleans ... Oorn, 727,300 177,831 16,100 250 6,000 4,365 147 27,-289 1.141 Total week... 324,881 2,018.516 1,211.917 wees '85.. 299,574 685,4,80 1,3 J8,679 694,872 Oor. 10,762 9.153 3.-,8,490 736,201432.494 The total receipts at the same ports for the period from Dec 21, 1885, to Nov. 13, 1886, compare as follows for four years: 1885-86. 1884-85. 1883-84. 1882-83 S^onr bbU. 11,752,708 11,871.994 12,110,628 12,248,45 „ Wheat Com... bush. 64,542,041 42,057,735 75,539,732 39,024.6^8 4,70i.979 995,377 71,8:)2,785 Oats 31,326,985 4,589.757 550,248 ,. Barley........... Rye ., 64.14'^.190 40,697,4i.! 57,329,971 78,977,921 29,793,('.ii> 2-l,iO0,l-il 4,070,713 4,911,682 4.400,135 5,003,4J0 175,901,816 192,923,451 14 1,04-2,62 7 173,4)0,472 The exports from the several seaboard ports for the weeK ending Nov. 13, 1886, are shown in the annexed statement: Exporii from- „^ Wheat. New York Hush, 741,149 Oorn. Montreal Flour. Bnsh, Bbtf. 74,139 18,791 62,6'l4 15,9i4 4,793 11,109 128,031 117,190 173,000 20,008 Puiiadel.. Baltlm'ri (f. Orl'ns 17,000 2r;,512 Rye. Gait. 312.360 3J,082 Boston, .. N. News Bush. 8,807 Feat. Bush. 10,59S Buth. 59,223 85,528 5tS 6J,074 Rlohm'd 3,070 rot. w'k 1,212,378 S'metlme 1885. Fii. and the bad weather checked the local trade. To-day there was a firmer market, with a better trade in the regular way, but the speculation little 27.4:0.174 29.377.375 510,072 131,404 68,030 96,116 615,812 229,063 131,122 179,178 181,053. 45a. 45% 48% 47=a 47% 4.,ifl 4919 60 5019 50»a bOH been dull, unsettled, and to some extent nominal, The speculation showed S3,22«.l'23 30,329,023 Total (fraln.... OAiLr OLOsraa pbiobs-of ko. z bed winies wheat. 8aU Hon. Tut*. Wed. Ihurt. November December 45,»d7.4'!2 ',2,746,142 1884.... Friday. P. M.. November 19. 18S6. TracJe in flour an(i S.196.305 1868 BREADSTUFFS. The destination of these exports is as below. corresponding period of last year for comparison. Flour. Wheat. We add the Oorn. spirit, week to- 1886. Week, Xov. 13. for is still dull. 1885. Weefe, Nov. 11, Bblt. DAIL7 O-OSISO PBICES OP HO, Z OATS. ES HO. Bat. Mon. Tuet. Wed. T^url November delivery 32% 33 33 3258 33 December delivery 33% 3338 3313 33>4 33 >< 34J4 January delivery 34 3414 34% 3414 February delivery Maydelivery 36 3d% 3tS% 36% 36% |E;Rye was firm, but quiet. Buckwheat nearly nominal ey met with a better demand, the disagreements at the houses regarding wages having been adjusted. The following are the closing quotations: Cn.Klng. 30,118 15,668 10,590 8. W. Indies Brit, col's 34 14 Oth.o'n'ta 1,168 38i4 Total... 131.401 Bar- 1885. Week, 1886. Week. N«. Bush. 75,534 140,529 13. Xov. 14. Bush. 410.832 75,345 40,680 10,947 62 2,206 Bush. 469,987 53,157 83,288 220,063 510,072 615,812 433 Fri. 33% malt 1886. Week. Nov. 14. 4,000 74,182 33's A C.Am Bush. 572,858 638,445 Bbli. 62,693 6,276 25,658 19,719 15,890 Contln'nt 1886. Week. Nov. 13. 3,131 . 1,075 .... ... 134,122 1.212,378 7.384 1,996 By adding this week's movement to our previous totals we have the following statement of exports this season and last season: Wheat. Flour. Oorn. ri/OtTB. $1909 2 70 Boathem bakers' and 2 2J9 2 90 family br da.. $bbl $3 50 4 75 2 7u» 3 10 Bye Bour, auparnue.. 3 15» 3 40 Minn, clear and stra't. 3 40 a 4 50 Fine... 2 309 2 65 nterslilpp'gextraa. 2 80» 3 30 Oorn mealerXX&XXX.. 3409 465 Western, ^ka 2 309 2 85 Fatentg 4 25» 5 00 Brandy wine 2 859 2 90 Ine Vbbl. aperflne Bprlng wbeat extras. BoaUiemaoDers...... 2 609 3 00 B'twli'tflour.^.lOOlbs 1 859 2 00 Bontli'ii 00m. eztru.. 3 15 a 3 35 OKAIN. Wheat— Eye—Western.^ bush. .. « .. 8prlng,per bnsh. 75 90 State and Jersey.... 55 sg HiprlnKNo. 2. new 84 'c 8.-> Oats— Mixed 31 « 35 Bed winter. No. 2 S4%tt 85% White 35 o 39 Ked winter 75 » 89 No. 2 mixed......... 33 f> 34 White 80 88 No. 2 white 35%9 36% C!om— West, mixed 42 46% Barley— Canada 70 a 78 West. mix. No. 2. 45>«9 46% Western fio 9 71 West, wlilte 44 9 47 Two-rowed State 62'» 64 West, yellow 44 '9 47 Peas—Canada 64 -9 65 WUte Southern.. 47 « 52 Buckwheat 50 ® Yellow Southern. 45 47% The movement of breadstufis to market is indicated in the irtatements below, prepared by' us from the figures of the New ^°d"°® Exchange. first give the receipts at Western 1 2 take and nver ports, arranged so as to present the comparative movement for the week ending Nov. 13, 1886, and r July 81 for each of the last three years: 1 We Wee Krport* to- Stpt. 1,'3«, Sept. 1, '85, Sept. 1, '88, Sept. 1, '85, Sept. 1. '86, Sfjrt.1,'86. to Nov. to Nov. to Nov. to Nov. to Nov to Nov. IS, 1886. 14, 1885. 13, 1886. 13, 1886. 14, 1885. 14, 1885. BbU. BbU. Un.KinRdom 1,267,033 Continent... 132,539 4C.Am... West Indies. Bush. Bush. Bush. Bulk. 7,869,679 3.591,412 4,449,885 7,0.SS,S11 6,546,822 1,440,032 1.8»5.8.:i2 243,150 155,387 164.188 13,057 932,170 24,203 188,163 233.148 171,518 7,435 5,391 8,071 2,206 4,107 234.775 122,187 4,019 65,711 16,320 11,751 1,795,985 372,371 82,784 22.090 17,259 1.975,020 1.626,652 14,490,674 5,054,081 0.718,429 9,373,701 8. BMt.Col'nles 0th. countr's Total The 4 supply of grain, comprising the stocks in granary at the principal points of accumulation at lake and seaboard ports, and in transit by rail and water, Nov. 13, 1886 : visible In ttore at— HewYorH: Do a&oat Albany Buffalo Do Do Oalt, bush, bush, 4,281,595 1,701,014 bush. 50,225 199,200 109,000 433,983 136.600 7,882 10,500 49,753 3,836,777 977,547 132,644 BarltMf bush. 104,657 92,400 62,550 218,915 10,199,347 654,177 afloat...... Milwaukee 2,961,630 attoat Duluth Do <7om, afloat OhlcaKO Do Wheat, bush. 12,253,440 520,000 10,895 2,714,519 alloat...... 8,183,885 242,708 NOYKUBKB THE CHRONICLE. 30, 1!«6. Wheal, Corn, buMh. 6usK. 3.98^.383 I4.^,366 65.750 1,610.824 95.000 130,000 «.eSH,153 1,019.735 106.U0O 12.000 STS.llS 395,521 96,818 I09.7A4 633 1,229.405 312.153 10.479 101.948 133,775 41>,5,W 461,d93 13U,1.')9 1,219,615 137,093 In tlor* at— Talado Ovrego Bt-LooU OnoliiDAtl BOSIOD TuroDto MontTMkl PhiladelptaU.. Faorl*. IsdlAiiApoUa .. KaaMaOltr-.. eetis 43,2i)3 531.192 190.000 498.534 3,219 5S.5J5 127.549 932.513 356.900 45,389 Woolen Goods.— The market for clothing woolhas developed no new features of special interest. Agents continued to make steady deliveries of light-weight cassimeres, worsteds, suitings, &c., in execution of back orders, but new Barley ^p^PoMESTic bush Rye, bush. Oalt. bush. 27.622 26,205 615 35.663 33.000 14,350 I 20.292 431.517 2.1.300 lbl.6.^0 2S.0«X) 29,321 17.116 4,519 for . 4,4.'iO 8.297 4.149 was of strictly moderate proportions. Heavy woolens men's wear have shown little animation, and there was but a moderate business in cloakings. Staple and fancy Jersey cloths and stockinettes continued in fair request by the manubusiness 9,602 191.641 41,793 makes are closely ssld up to proKentucky jeans and satinets ruled quiet, but such mniMftpolta 4,877,1 15 makes as govern the market are firmly held by the mill agents. Bi.p»u/.. "..:. 310,000 On MlMlMlppl. 57.900 31,300 Seasonable makes of women's dress goods were mostly quiet, Ob bUtM....r. 891.000 .^4I.^39 45,.5U0 Oo ewial 1,408.000 1,137,100 387,500 but some very fair orders for all-wool and worsted fabrics XM. Not. 13, "86. 5e.322.54<« 13.096.713 5.649.600 4^9.731 2.597.418 adapted to the spring trade were placed for future delivery. To*. Not. 6, 86. .%7.354,t79 12.748,493 5.608,007 46 <.03 J 2,479,199 For flannels, blankets, shawls, skirts and carpets the demand »»». Not. 14. '85 47,067.012 4.: 10.670 3.533.487 60o.t9S 2.581.^14 Ttt«. Not. 13. '84(36.576.635 4.325.118 3,477.714 780.068 2.480.710 was chiefly of a hand-to-mouth character, but stocks are ia Tot Nor. 17, '83 31.40o,247 9.1»8,626 5,479,350 2.377,229 2,752,165 good shape as a rule, and prices are generally steady. Wool hosiery, shirts and drawers, and fancy knit woolens, were lllBn—gitUj and St. Paul not Inolndad. Do facturing trade, and leading duction. aflokt.... 1 1 sluggish in agents' hands, bat prices are well maiji i Foreign Dry Goods—The growing activity of the retail trade was reflected in a more general demand for reassortNew Tobk. Friday, P. M., Nov. 19, 1836. ments of foreign goods, but selections were ngly govAlthoogh quietness was the prevailiog characterUtic of the erned by actual requirements, and transactions were only dry goods trade the past week, a fair aTerage business for the moderate in the aggregate. Fancy holiday gojds were distime of year was done by commission merchants, importers tributed in very fair quantities, privately and through the of the auction rooms, but nearly all staple fabrics were and jobbers alike. The demand for consumption was stimu- medium more or less quiet in first hands, and the jobbing trade was lated by more seasonable weather than has prevailed of late, only moderate, though a trifle more active than in pr jceding and a fairly satisfactory business was reported by setailers in eswek. , Importations of Drr Goods. bia city and at many distributing points in the interior. The importations of dry goods at this port for the week Stocks in the hands of retailers are,howeTer,pretty well assorted ending Kov, 18, 1880, and since Jan. 1, and the same facts for yet, and their requirements at the hands of jobbers were the correspondinx periods are as follows: only moderate. Goods adapted to the present season were in S Si oomparatiTely light demand by jobbers and the manufacturing c s S SB |r rt O o £ 5= ft • w"^ £ c trad<>, bat rpring and summer fabrics have met with a good o; g g: from large buyers, and liberal orders for some .Pi I deal of attention f: S 1: S daMriptions were placed for later delivery. A feature of the I 3 THE DRY GOODS TRADE. a : ! : week was a peremptory auction sale of n.-'iOO e dozjn domestic which attracted a large compiny of buyers The entire offering was promptly disposed of, and goo i average prices were obtained. The firm of Gobn, Sdmplin^r & Co., Cleveland, O., has made an assignment, with liabilities of about 1200,000 and estimated assets of $175,000; but the : I Hi i f ! I s :iii!T •ilk handkerchiefs, financial condition of the trade at large is considered sound, and collections are steadily improving in most sections of the i CO or c: CO-* 10 CO ODO 11 O o- coaxT o ODC^ to ^^>M coco 1*3 ADS- co*c€ey»^ SI COlO«>CO - country. to exports of cotton goods for the week ending Nov. 10 were 3,130 packages, of which 609 wen shipped to Great Bduin, 461 to Argentine R •public, 271 to Hamburg, 905 to Venezuela, 133 to Hayti, 110 to U. 3. of Colombia, &o. The demand for staple cotton goods continued light, but stocks are in such excellent shape that prices ruled Douisnc Cotton Goods.—The Ob to •CO M»0'jD^M «Ototo*» M»0*W;4 cat, ON along the line. Print cloths were in moderate demand and easier, extra 64sftts. having declined to 3 716c., while MxOOs. wen nominal at 8c.@S l-16c. Stocks last Saturday and for the three previous years were as follows firm aVo 09M e CM uoa COX cop (e ^ ;j, -^ CJt Ob 1385. 430,000 841.000 311,000 150,000 234.000 216,000 250,000 75,000 & Co., -C OD O a *• X -J » 256,000 60,000 Caf> I h-W — psC tO_^Oi (D'i»b''x.'fio •^*'0M^» 00 kg tO'O'X'Wui QDM S* I f 4fc OO0HP3& — T to to MM — Ci5«pO*" ID»0»#» OrQ C0'.O <PM S M»0<-O»> *l — ^^ CD lOtOGOU-l ea .o -10 MtOi^i»'^ Wo* s 4. o M tV JiMO^ TuoouuV to «> CO CU CO — ^ y to 0»OO9^ SECURE BA^K VAULTS. "— O I MftVobo CD - — > ; 1 to C-ltOSOO Chronicle Volumes SINCE 1870. Any oBloe poasesslng these rolamet YORK, at LLOTTS PENS STEEL EXP0SITIOM-IB7B. CI GOLD MEDAL PARIS the: most PERrecT of pens WELDEUtHKUJIlEMKELAND IRUN and AnglM FOB BAFK8, VAULrS, io. Cannot be Bawed, Cut or nmied. and practical!; In Boand mod CUkt Bmra, and 5 pir Plates Clronlan Free. re- Parties hartnc llshers most of the earlier Tolome., or complete telt can be fumUhed. Burxlar Pruof, N. ¥. the period. the more recent rolnmes can obt:iln from the pub CIIROnE STEEL. I^ORKS, BBOOKLXN, alnoe 1970 has hand for eoavenlent reference a comptete and liable Snanclal historr of JOSEPH to *:• (CM •0-1^ COS 3sJ7,000 ocyrroM bbokebb, 1S4 FBAmi. STREBT, NKW^ I t-*io;^»oto 118.000 tains continued in good request for the spring trade. Geo. Copeland 1 © O"^MM60 ODUMCOi^ C^ to ^ « J 831.000 JL 216,000 775,0001,233,000 IMalMoek, (pieeas) Printed calicoes continued very qtiiet in first hands, and the Jobbing trade was devoid of animation. Dress giaghams, plain and crinkled seersuckers and fancy cotton dress good) wwe fairly active, but transactions were mainly restricted to pUdnc orders for later delivery. White goo Is and scrim cur- Ws*; OD^ <C»3tC0 — Sot. 15, .Vo». 17, 1883. 1884. A'ov. 14, 1886. 43,000 lurrs. BaldtT Piw ^ U mtMmcvn... 111,000 rwi BiTsr 42.000 aee smctImots paMlMon(a*t)..-- 20.000 I ccaucbio CO JD all .Vor. 13, MWtOlOQD 00 Ob 79 WILIilAn B. DANA. * OO.. * 81 Wl hhlJM aXBEET, NBW TOBK. THE^HRONICLE. 616 ©wt ganlis, ganlijerB auxl brokers NEW BANKS. tiODOWICK J. IIILL, E. B. MCCANDLKSS. A.W.HIU., Vloe-Pros't. Cashier. Prealdent. THB Brewster, DengnaUd Depository $300,000 00 • - Acoountfl of Banks, Merchants. Co'""'*''atlonB and ndlTiduals respectfully solicited. Collections promptly made and remitted for. Wlllaotas agent for the inTe''\went of Idle and gurplos fands of Banks or Indiviaaals. In our active and vrowinK city money la always In demand. Our rates reasonable. Give us a trial. exo. ST0ROES. F Pres't. C. COBNWELL, Cashier. N. Y. This bank has superior facilities for makinp collections on ail accessible points in the United States, Oanadit and Em-ope. Liberal terms extended to acOoants of bankers and merchats. C0UKE8PONIJKNTS.— New York, National Shoe & Leather Blink; Union Bank of London. The Bank W. P. A.Wiley, of Durhanij Park Bank and Seventh Ward National Bank. ment on and are for. STATE BANK, Incorporated 1876. )C. T.Walker, Cashier. ) ARKANSAS, I^ITTIiE ROCK, . ( Paid In) . $200,T>00 . Prompt attention given to all business in our line. N. Y. CoilRESPONDEXTS. Importers' & Traders' Katlunal Bank and National Bank of the Hepubllc. BUBR0SS, A. K. Pres't. made on ExchanKes. Cable Transfers, Bills of Exchan);e and Letters of Credit. SHOKMAEXB. Jog. M. Jos. RICHinOND, VIRGINIA. Collections made on all John JOHN F. P. Rea ElVGLAND. & Bros. Co., Wood Street, Pittsburg, New York. Reference Atlanta National Bank, Atlanta, Qa. : and Fourth National Bank, New York. & Co., weybosset street, PROTIDENCE, R. New Fork and Philadelphia Stock Exchanges, Pittsburg Petroleum, Stock and Metal Exchange. Private wires to New York, Boston, Philadelphia, BRAKCH & TII09IAS CO., BANKERS AND COM.HIS8ION MERCHANTS RICHMOND, VIRGINIA. Circulars and Information on funding the debts of Virginia and North Carolina tree of cost ; one-eighth per cent charged for funding. Southern Railroad and State and City Bonds bought and sold. & Whitney RICHITIOND, VA. Stephenson, Private wires connecting with Washington, Baltimore, riiiladelphia and New Yorit. New York cjrrespundents, Prince & Whitely. FOURTH AVENUE. Oldest Pittsburg members Samuel G. Studley, COMMISSION STOCK BROKER, No. 4 Excbange Place, Boom No. 4, Watm N. Y. Stock Extihiinge. BALTIIHORE. (Members EQUITABLE & Co., INVESTMENT SBCDHITIBS No. 10 State Street, Boston. Mortgage Company. of Baltimore Stock Exoliaoge), CAPITAL BALTIinORE. (INVESTMENT and SOUTHERN SECURITIES a Correspondence solicited and Information furnished. N. Y. Correspondents—McKlm Brothers & Co. Robert Garrett & Sons, BANKERS, No. 7 SOUTH STREET, $600,000. 6 AND 7 PER specialty.) CEUfT GUARANTEED FARM MORTGAGES, Principal and interest guaranteed and payable at any of the offices of the Company. New York, 208 B* way, Boston. 23 Court St. H. U. Fitch, Man'ger. Chas. N. Fowler, V. P. Phlla., 112 8. 4th St., C. B. Wilkinson. Man'ger. Kansas J. C. City, Mo., Avery, Gen. Man. BALTIIHORE, TRANSACT A GENERAL DOMESTIC AND FOREIGN BANKING BUSINESS. BOSTOX, MASS. STOCK BROKER, pl0vt0a0jcs. BANKERS AND BROKERS, 6% 8% The American TnTestnient Company, of Bm« metaburg, Iowa, with a pstid-up capital of 000, ^VE STERN. HEMBER OF BOSTON STOCK EXCHANGE. Joseph G. Martin, Co., State Bank Building, 1871. BANKERS ANd::BROKEBS, No. 57 W. Branch & bankers and brokers. PITTSBURG, PA. BSTABUSHXO Patterson, wire. C. Baltimore and Washington. I. Dealers in Commercial Paper, Government and other drst-class Bonds and Securities and Foreign Kxchange. Private Telegraph Wire to New York and Boston. H. BOND AND STOCK BROKER, ATLANTA, GA. Pa. MEMBERS Wilson, Colston bankers and;brokers, IN IN ALL KINDS OP SECURITIES. Bonds and Stocks bought or sold on commission Geisrgia and Alabama Securities specially dealt in. Correspondents: Tobey & Kirk and A. Dutenhofer, State, City, Hailraad and other Corporate Securities of Southern States wanted and for sale at all times. Mortgage Loans on city and farm property, two to ten years, paying six to eight per cent, furnished. Prompt replies to correspondence, mail or BANKERS AND BBOKERS, AND DEALERS IN FOREIGN EXCHANGE, President. K. Scott, Vice-Pres't Wilbour, Jackson AND DEALER BROKER AND DEALER SOUTH THIRD STREET, PHIEADEEPHIA. 425 Al LANTA. W. BANKERS AND STOCK BROEBRS. BRANCH, CHARLES H. SHELDON, JR JOSHDA WILBOUK, Benjamin A. JACKSON, William Binney, Jh. no. 53 Defaulted Bonds of Missouri, Kansas and Illinois a specialty. Good Investment Shcurities, paying from four to eight per cent, for sale. Southern points on best Qlbnn, Cash. Fred. KEW BOBIBT M. JANNIT, M. Shoemaker & Co. No. 134 MERCHANTS' NATIONAL BANK, terms; prompt returns. Co., Humphreys Castleman, PHILADELPHIA. parts of the United States. all & OLIVE STREET, BT. LOUIS, Dealers In Weatern SecurlUea. SOLTUERST. Members of the Philadelphia and New York Stock WALKBB, Cashier. IVIIiiniNG'rON, N. c. Collections Lists 1871. Keleher F. Gerlach, CHESTNUT STREET, No. 437 National Bank, First DEAL 805 BANKERS AND BROKERS, — B. B. & Narr German National Bank, Capital New Exchanges, and connected by private wire with $200,000 Collections receive our special attention i Allow inter- deposits. Members of the Philadelphia and New York Stock Cashiey. Capital j P. Securities for sale. Transact a general banking business. Commercial National Bank, HOUSTON, TEXAS. J. G. Fletcher, President, ESTABLISHED Co., St., Pliiladelphla. Railroad, Municipal and other desirable Invest- K.A. Giraud, Vice-Pres't. promptly remitted COUNTY AND CITY BONDS. prices furnished on application. Write us If yon wish to buy or sell. Refer, by permission, to Society for Savings. Savings 4 Trust Co. and National Banks of Cleveland. Ohio. BANKERS AND BROKERS, New York Correspondents.— The National E.P.Hill, & Clark Cashier. N. C, Fay Special Attention to Collections. FIRST-CLASS FACILITIES. President. Transact a general banking business, and IN TOWN, No. 35 Soatlt Third DCRHAin, H. GABDES, Bonds. PE]S]\S\L,VAMA. - W. T. Black WELL, Pres't,. SUPERIOR STREET, CLEVELAND, OHIO. No. 13? and E. Co., York. Bank of Buffalo, ------ $300,000 OAPIXAI«, BUFFALO, States & Bros. BANKERS, ALSO, est S.jEWKTT,PreB. JosiAH jKWBTT.V.Pres. Lamprecht Dealers In municipal. State, Railroad ~ "idltion «1.000,000 U. 8. 4 per This Bank holdf cent Bonds at pal.r—^xed by its stockholders for Haid bonds are the protection of its customers. pledged as above, instead of beinK held by the Bank as a part of its legal surplus, to avoid what we think unjust iiud excessive local taxation. CLEVELAND, OHIO. SPECIALTIES: BOSTON STOCK EXCHANGES. and United Co., TOWN. COUNTY AND CITV BONDi!, LAKE SUl'KUlOU IKON MINING STOCKS, ANn STUKKT KAH.HOAI) SKCUH1TIB8 QooKiM, Aast. Caab. . & INVESTMENT BANKERS, Estabrook, BOSTON. Capital, $200,000. Surplus, $50,000. WiLLULU Chas. H. Potter MEMBERS OF THE NEW YORK AND North-Westera Nat'l Bank, CHICAGO, ILLINOIS. BH£aMAN Cobb CONGRESS STREET, No. 85 of the United Sta Capital and Surplus, XLIU. 1VESTERIV JiANKERS, ATLANTA, GEOKGIA. ^Oh. of ^cur 1Jot;K. ENOLAMD. & Gate City National Bank I N. W. Harris CUICACO nnainc DUINUO & $175,000, offers tirst $600,- Mortgage Hcven percent, both Principal and Intere«i: fully (iunrauleeii, Al?"0 6 per cent 10- Co., and BOSTON. of Counties. Cities, &c., of high grade a apeoiaity. siii'plii!* liOans drawinu Heudl'orDescriptiTeXilBts. secured Sear Debenture Bond^', in trust by 105 per cent of first by the .ticrcantile lortgage loans hold Trust Co., N. Y, Five per cent, cerfiflcates of deposit for periods under one year. AVrite for full Information and references to the company at 130 ""•"'*'•'•' "a. I.. ORMSBY, Vlce-Fresldent.and Qeneral Manager. Norzi(BBt20, 'gnxm THE CHRONICLE. 188e.J piovtQaflcs. vil Itttsuraticjc. lusurawcc. IKTK8T THROrCiB THE BOUND AND MANHATTAN KEI.IABI.E WESTEBN FARM MORTGAGE L.AWKiC>L'r. vs. Pivat. KA>. U. L. CO., PUDCIW OFFICE OF THE See. Hal, . . asua.oo* . tint Mortnse Farm Ixmat, alaotne _ jy*i Ten Tear Debentaras. baaed apon lt« Ter tWO.oiO. No loaaes. I ap capital and ajarta of BS:? nara' experience, with abKiluta satisfacttoa York uace 156 ATLANTIC i IJIOO fnveaton. Send for circular*. foroiBaod . full Ittfaematlon. Branch I'fBcee In N. Y. OtT and toorer Mev LIFE INSl^RANCE COMPANY m Bmadwar. Agenta. HI.NE A SOX, Fmm Phtladetphia Mutual Insurance Co., ! 8wB8 of tlOO and Upwards ob aud Ohio LaiidB. 1b- NEW YORK, diana OTBIKO BAFBR. Al.WATf PHOMPTLTFAJD BKNl> FOK PAMPIll.ieT. Jon. A. inooRE, •4 Baat market St.. Indianapolis, Ib4 NORTHITESTEKN ! GUARAMI LOAN January 23, 1880. The Tmateee, In conformity to the Charter o. the Company, submit thx following Statement of Piemlomson Marine Risks from Ist ONLY Janaary, 1885, to Slst December, 1885 $8,856,618 66 Premiums on PoUdee not marked oil 1st January, 1885 1,339,525 10 alMwiiuteIr frtiaranteed. Hecanti<-s forraarantT held brtlie CO.. Pald-Up CaplCal, •3«0,00«. rapttal Total Marine Anit-rlon Loan A Tmat Company, of Bnatao, Siaas. Rend for clrcnlara to NEIIER Sc (:ARPE>'TRIL, Baakera, Trer. K. Y. Baalero Manaitert far romparT Jmctiou jiales. Premiums marked oil bom 1st the same »1.915,020 67 Tk* Va^mtmoei RKMULAR AUCTIOV hold BA1J» of all olaaaea of tTOCKft AMD BONDS, oe WKDNB8UATB AKD HATCBDATB. ADRIAN H. IIIVI^I.ER Sc. SON, PTNE 8TKKLT. NEW YORK. OUl'ITABLI ILDINO Ul ) BROADWAY, NKW YORK. uZBlUTin. 4 par ceal Prestdeat. ValaaUoa eg.WII.HgW .. URPLDB taj^aamia (rplaaoB n, T. BtaBdard4is percsnt iBtsraat. «I1,4*S.S38,40.) «Hr»hHeew L4ra*WiKa.ea artniKaadsrri if ealiiaNsa twrliMa Mat •/ sap atttr W* A«Mraa«a Oeskpaaa* la IHB iiimtAKDiMa AMOKAVtrs TsUlpaMPolleT-UoMacalBUW >air AanrmAHcm PsMMIer-UoliarsatnesOiBaBliaUoo Inasma^lboat. PRici or PARgAOsanclndinK wine):— To Havre- Assets, rlx.: Special Train affs, Transatlantlqne, Uavrsand Pan*,ln amounts to aolt. fyom Havre to Parts. Tbs rompa«nle Generate Transatlantlqae delivers lu ofllae In New York special train tlokets from Uavrs to Paris. Baggage checked throogb to Paris without examination at Havre, provided paassngsn bars the same delivered at the Company's dook la New York, Pier 43 North Rlvsr. foot of Morton 8t„ at Isast two hours bsfors ths departure of a steamec at otherStooka $9,034,685 "'• Loans secured by Stocks and oUmrwise 1,438,60 Real Estate and Claims due the Company, estimated at 530,000 00 Premium Notes and Bills Receivable 1,508,143 53 ash In Bank 228,897 88 LOUIS DB BEBIAN, Asent, No. 3 »g»,oujna> W7jm.Maoo TJJB,aMi« mjni,inu iaoottaiaUM the ontotand iDg oertUloates of profits will be paid to the holders thereof, or their legal represeotatlTes, on and after Tueaday, the 2d of February next. THE OUTSTANIMNO CERTIFICATES A DIVIDEND OF FORTY PER CENT Is declared on the net earned premiums of the Company, for the year ending 31st December, 188S, for which oertiaeates wUl be lasoed oo and after Tuesday, the 4Ui of May next. By order of the Board, laWMMU H. J. CHAPnAN, Sacretary. COTTON SAIL DUCK And aU BAOa, "AWNINO BTBIPBB, Also, Agsnts ONITED STATES BUNTING 4 fall sapply, all No. Widths and I Off (OBOAinZKO Uf UBOJ S61, 868 A 26* Broadwaj, New a. U. BL'RFORO, York. AH wm. t. btaxdex, Actnarrtks iniMa batons to lbs Potier-lioMer* azela- tbla Coapaaj are ixdibpctI br AMiaaflarthfaa r—npaid wTTHorr discoitxt ai mod AB Oaslk CMma •s aaHafMliirj proofa bare beao rsoelTed. TbB Osapsar Bsaas ail fonaa of Inaaraaoa. InHailMTilsllas aad Umltad (Noo-rurfelUnc) Ton Oos oath's gl ass sDowsd In tbs parmsnt of nsailsisi o« Tootlaa POItelss, and tan dan' grace SB all otban, ths Insaraaaa ranalnlnc In fall force Asrtas the snee, Absolate •eeantj, eomblned with tbs lamst llbsraMT, ^siee ths popalarltr and seoeaa of thla com OOOO AOEIITB, dsslrtas to i s pi sssu t ths Com- p^, an torttsd to addrsaa J. 8. OAfTHCT, Bapsfi tt Amumm, at Boas OMos. Dnane Ntreet. Cotton. Jnas BSKBT L- B(nj.ABD. & NEW H. wanLBB. Wheeler, D. Jones, Charles Dennis, J. W. H. H. Moore, James liow, Wm. A rtsl ph I io iBt yu e, (FOR BALING COTTON). Robert B. Mlntam, AdTSDAss made on Cotton Consignments and 8] Attention given to purchase and sale of FUTUBfl Charles H. Marshall, Fredeilok H. Oosaltt, WUlian Bryee, Dennis Perkins PflUjumi- a Field, Charles D. Leverich, Josiah O. Low, Thomas B Coddlngton, John L. Rlker, N. Denton Smith, William Degroot, George BUas, Horace Oray, Henty £. Hawley, WQllam E. Dodge, William D. Morgan, William II. Macy, Isaac Bell. A. Hand, Edward Floyd-Jones, John D. Hewlett, Anson W. Hard, William II. Webb, ThOBias Uaitland. CharlM P. Burdett, a Edmund W. BAOOINO AND IRON TIES, CONTHACT8 or COTTON. John Elliott, James Q. De Forest, atorgls, Corlles, Co., 125 Pearl htreet, New York. Orders for Spot Cotton and Futures promptly executed. Walter & Fatman, COTTON BROKERS, S8 BEAVER STREET, NEW YORK. CDAREES B. TAINTEB, COTTON MERCHANT, COTTON EXCHANGE RUIIjDINO. 8PBCIA1, ATTENTION TO COTTON FUTDRBB F. W. H. H. MOORE, 2d Vloe-Prest. RAVEN. 8d & COTTON BROKERS, JOHN D. JONES, President. CHARLES DENNIS, Tloo-President. A. A. YORK. AI.80 TBVSXBBBl A. A. Baren, Praaldent, a P. r>Ai,BiaB. Bstry. A. wanLwwaar, Aaat Baa OO. Colors, always la itoak CtrrON COMMISSION MERCHANTS States Life Insurance Co. TBB CITY OP NB^r YOBK. kinds of CANTAB, FKLTINQ DCCK, OAB OOTBRINO, BAOaiNO, RATBNB DUCK, BAIL TWINES, AC, "ONTARIO" BB AM LBBB COTTON Bullard The United Co., Mannf actnren and Dsalsrs In of the Issue of 1881 will be redeemed and paid to the holders thereof, or their legal representatives, on and after Tuesday, tha 2d of Febmary next, from which date all laterest thereon wUi eeaae. The oertlflcates to be produced at the time of [layment and eaooeled. itnvirllnar f>ri«en. Brinckerhoft, Turner $12,740,326 46 BIX PER CENT INTEREST on EQUITABLE LIFE ASSIRANCE SOCIETY, noon. A. M. A. M. From Pier inewj 43S, Sortn Kiver. tout ol Morton 8t, Travelers by this line avoid both transit by EnKllah railway and the dlaoomforta of orosalnR tbs Cbannsl 6c insuranjce. HYDE, Sat.. Nov. 20. LA CIIA.MI'AIJNE. Traub LA NiiK.MA.Nl)IK. <le Kcrjabicc....Nov. 27, 8 LA BRETAUNK. de Jousselln, Sat., Dec. 4. 11 First cabin, (100 and tSO ; second cabin, $60; steer9S9— looindlnff wine, bedding and utensils. Rstom tlcksta at very reduced rates. Checks on Banqus , The Company has the following Dnlted Btat«s and State of Kew York Stock. City, Bank aud Amount KNBV . GENERAL TRANSATLANTIC CO. NEW YORK aad HAVBB. $776,712 42 Premlnmg and EX- of penaes m France. Between January, 1885, to Slat December, 1885 »3,770,094 30 Betnms and BONDS At Auction. laO Direct Line to «5,196,143 76 Premlnmg Losses paid during period STOCKS Wo. 12 30. 1884. Mt^raships, on the Slat Deoember, 1885: Its alE&lrs Jan. Inctuirer. combines the protectiTe feature of life Insuranoe with the investment feature of the endowment f)olicy. while it avoids the expense attendinK the alter by the ordinary method. An improvement haa aUo been added to this new form oi p tlicy within the year, which ^ives the ussured the option at the end of the period of taltin^ the endowment in caeh or of contiDuintf ine insurance for a much larKer amount without any further payment of premium independeat of tbe condition of health at the time ESTABLI9HKI! IN IS5) est MINKEAPOLI8. AMkofH-d Real Batata Mortcacee on Ctt; and Farm Property, worth two tu fiiur limea amoanta of morttngrf. Intrreat 8 per ceal Is 7 per ceal, principal and Inter- 158 BROADWAY. NEW YORK. HENRY STOKKS, President. The new plan oi the Manhattan Life Insuranos Company continaes to meet the p-)pultir favor. It C. C. Farm Mortgages &. Vlae-PrsiM«at 38 Hoffmann, COTTON BROKER AND AGENT. RUE DE LA BOURSE, BATRE. THE CHKONICLE. fii MADB ON AOCEPTABLB IiOANS INMAN,SWANN&Co TOBK. SBCURITIBS. COTTON MERCHANTS, UWOLHh ATTKNTION to OROISaS FOB CONTKACTS FOR FDTURl DKUTIBT OF COTTON. OOTTON, AUi ORADB8, BUITABLB TO WAMT8 Williams, Black COTTON, ORAIN, PROVISIONS, COFFEE, flpMt&l attention given to the puroluue and sale of STOCKS, PETROLEVM, FUTCBB CONTRACrrS la New York and lyiverpool. ORDERS EXECUTED IN YORK, CHICAGO. NEW ORNEW LEANS, ST. LOUIS, UYERPOOL, Co., 51 Stone bcHMAN, Stern & and New York. Co., COMMISSION MERCHANTS, COTTON EXCHANGE NBW New York Bi;iI.DINO, No. 20* Church Street, & COTTON exchange BVILDING, OW New BFECIAI. COFFEE NBW YORK COFFEE EXCHANGE, and CRAIN AIVD PROVISIOIWS •tthe NEW YORK PRODUCE EXCHANGE and the CHICAGO BOARD OF TRADE. OP Co., Cotton Brokers, UTerpooI. Lea McLean. New Hubbard, Price Cotton Exchange, AND & Co., KOUFUL,K, COTTON, GRAIN, PROVISIONS, and t^tackB and Petroleum. Orders executed in New York, Chicago and Liverpool. All grades of cotton suitable to spinners* ants offered on favorable terms. . McFadden& Bro. COTTON MERCHANTS, PBIIiADEIiPHIA. FBEDEBIC ZEBEGA & Schroeder Co., & Liberal advances made on Cotton consignments. Special attention given to the sale of cotton to arrive or In transit for both foreign and domestic markets. Orders for Future Contracts executed in New York and Liverpool. Gwathmey & COMMISSION MERCHANTS, No. 123 PEARL ST., SEW TOBK. Orders for futnre dellverr of Cotton executed in CO. JOHN II. CI.ISRY & CO., BSTABLISHBD Eug^ene H. Cole, STATIONEB AND PBINTEB. Supplies Banks, Bankers, Stock Brokers and Corp<> rations with complete outflu of Account Books ana |y" New concerns organ ling promptly executed. t will hare their orden WII.EIAM STREET, 1 Phenix Insurance Co. OF BROOKLYN, 195 Broadway, New Yort City Company Itt Day of Jan., 1886. CASH CAPITAL »J'292-ffiS M »« Office, statement of Reserve for unearned premiums Reserve for unpaid losses Net surplus 2.846,0« 92 2?I'?I2 i» 714,ie7 ti,9io,iss as STEPHEN CBOWEliIi, President. WM. R. CROWKLL, Vice-President. PHILANDKR 8UAW, Secretary. Assistant Secretarr. Dep't. GKO. U. FISKK. FRANCIS P. BURKK. Sec'T Local iETNA Company Insurance OF HARTFORD. Capital IJablUtlea for nnpald losses and re-insuranoe fund Net Surplus Auets Jan. 1, 2,057,776 24 3.202.320 41 $9,260,096 6S 1886 No. 3 Cortlandt $4,000,000 00 St., New Yorlr COTTON BUYERS, Co., inONTGORIEBY, AI^. LOMMERCIAL UNION PURCHASK ONLY ON ORDKR8 FOR A COMMISSION WARB & SCHROBDBR. FELLOWES, JOHNSON & TILESTON, OOTTON COMMISSION MERCHANTS, COTTON, sto<;ks, bonds, &C., Cotton Exchange Building, as WILLIAM SI REET, NBW YORK. YOBK. 1855. JAS. A. AI.EXANPEB. Agent. Bnooeeson to IfMXr IRON COTTON TIES. Bloss, New York and Liverpool; also for QrainandPio visions 1= New York and Chicago. Liverpool Corrsbpondents, G. New York. & Reid Co., NOBFOI.K, VA. COTTON KXCIIANGE, NEW YOKK, VA. H & Cotton Brokers & Commiasion Merchants, COMMISSION MERCHANTS, Geo. Price, ORATZ A. ST. I.OCIS, Mo. SlanBtactnTers ol Pure Jute Bagging. (HANOVER SQUARE.) ATTENTION GIVBH TO THE EXBOCTIOH Orleans. Rountree New York. BAGGING. No. Tort. ORDERS FOB FUTUKE CONTRACTS. CORRE8PONDKNT8 4aB. 40 and 42 Wall Street, StfltioncrT Co., tthe NBW YORK. LIVERPOOL AND NBW ORUBANS COTTON ItXCHANGBS. Also orders for & Bethlehem Iron Comp'y XHPOBTEBS OF Mohr, Hanemann& Co., St., New York. XBCDTE ORDERS FOB FUTURE DELIVERY Messrs. Smith, Edwards SAM'L D. BABCOCK, S3 Nassau Street, New Tork. York. Orders executed at the Cotton Exchanges in New Tork and Liverpool, and advances made on Cotton and other produce consigned to us, or to our corresgondents in Liverpool Messrs. L. Rosenheim de ODS and A. Sterol Co.; in London, Messrs. B. Newgass St Co. 8 Sonth \t'IUlam the IT ITater Street, LIVEBPOOIi, Receive consignments of Cotton and other Prodao«^ and execute orders at the Exchanges In Liverpool. Represented In New York at the office of WARREN, JONES COMMISSION MERCHANTS, t COMMISSION MERCHANTS, : City. C OT T BABCOCK&CO. B. F. nianliattan BnlldinK, New TOBK. Henry Hentz SPINNEBS' OBDBBS SOLICITED. Montgomery, Ala. Sold for Ca£h, or carried on Margin, on the varioua in PHILADELPHIA. MAIN STREET, NORFOLK, VA. No. 49 LEHMAN BRO'S, Cotton AND Factors Op-town Office, Cotton, Coffee, Grain and Petrolenm Bought and xohanges and Cotton Commission Merckants, No. 116 CHESTNUT STREET, connnissioN kiebchants, No. 40 EXCHANGE PLACE, HSUBES8 OF TBE OOTTON, 00 f FEE AND PRODUCE EXOHANOES. BUYERS FOE AMERICAN MIIJ^. & &e. Lehman, Dcrb & Co Co., New Orleans, La. coTTorsr. R. Macready HATRE, St., NEW YORK. Mlniiii inontgoinerjr Co., NEW YORK. Ootton Excbance Balldlnc, NewYork. St. dc & BANKERS ANU COMMISSION MERRCAANTS 1 UriLLfAin STBEBT, Cotton Commission Merchants, 19 Sonth \irUUam COUNTRY aooouoU Edward H.Coates& Co., Robert Tannahill & Co., & j Personal attention given at the EXCHANOBSto the purchase and sale of STOCKS and BONDS for cash or on margin. DEPOSITS RECEIVED—snbject to check at sight Interest upon balances. Special attention paid to INVB9TMBNT8 of BANKERS. York. OFrasiD OH Tbbms to ann. Graham 14 NASSAU STREET, NEW TORE. BRANCH OPFiCEB Igg ^fa^elMlrS'e'w liaVi- —with New or SPINNBRS C. J. P. BateK. Arthur M. EateA, T. Hatch & Sons, BANKERS, W. MERCHANTS, flKVr Benry Waller T. Baleh, Nalh'l W. T. Baieh. Stillman, Post Bnlldingr, 16 & 18 Exchange Place, 1886. ^tsjcellaueous. ®0tt01I. iSiottan. Woodward & INavEMBBRSO, Orders In " Futures" executed at N. Y. Cotton Eso Assurance Co., limited. of london. Offlte, Oor, Pine * WUli»m Slreelt, New Tork,