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HUNT’S
MERCHANTS’
MAGAZINE,
3- W^jcItty gkwssppn,
representing
the
industrial
[Entered according to act of Congress, In tlie
VOL. 39.
and commercial interests of the united states.
year 1SS1, by IVi. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. c;.(
SATURDAY, NOVEMBER 22, 1884.
CONTENTS.
503
The Financial Situation
501
cent.
usual form in the
Baltimore & Ohio’s Exhibit... 568
Britifli Fedei at ion
5Lo
Relative Yield of English and
American Railroad Invest¬
Monetary
and
English News
500
ments
Municipal Indebtedness
567
and
578
and Corporation. Finances... 579
$783,094,672
-32-0
(1,509,594)
(619,300)
(44,788,000)
(50,060,000)
(2,190,471)
(455,800)
(42,798,000)
(91,002,000)
4,2'I8,700
$75,404,035
4,983,400
—10-6
PerCent
$477,210,695
-23-3
(-283)
(+300)
(959,645)
(2s 9,200)
(44-0)
(23,892,000)
(-45-4)
32,328,000)
(-34*1)
(-22-7)
(-55-9)
(-27-31
Boston
$32,930,950
.....
$68,639,916
3,823,300
-24'2
-111
—4*3
Hanford
1,348,136
1,878,324
-28-2
New Haven
1,197,730
-57
582
19 j
Portland
983,389
1,209,748
999,227
—1-0
Worcester
851,090
—1-3
Springfield
839, S70
075.720
893,45S
-24 4
Lowell
575,989
548,672
+50
8,88,405
461,91 *
-21-6
$72,830,490
$M>,8:8,500
-10-2
$77 990,8 '2
-o-o
32-0
|
Dry Goods
Financial
Total N.
Chronicle is
published in
Saturday morning.
as
second-class mail matter. |
TERMS OF SUBSCRIPTION-PAYABLE IN ADVANCE:
For One Year (including postage)
For Six Mouths
do
Annual subscription in London (including postage)
Sixmos.
do
do
do
England
Philadelphia
1,363,180
1,002,532
1,035,808
715,055
—17-6
-13-7
+3-4
-10-8
-5-2
$37,740,784
*55,533,483
$44,014,967
-11-2
Pitts uirg
7.182.232
10,820,110
-330
G,712,590
-22*0
Baltimore
12,135,983
14,540,219
—16-5
13,725,256
+o-e
$57,059,005
$80,893,812
-29-4
$64,452,813
-10-3
Total Middle....
-
$44,631,948
$50,020,517
-10-7
$42,701,78-
-10-3
G 10
Cincinnati
9,050,000
11,868,450
—20-4
—11*7
£2 7s.
Milwaukee
3,799,801
+2-5
£1 8s.
Detroit
3,804.131
2,880,-9s
1,572,112
2,38 M27
1,324,879
83',3 35
2,990,2.9
-3-7
1,813,227
—133
8,905,700
4,011,78?
2,604,606
1,843,308
2,534,604
1,545,893
901,382
—5*8
$10 ‘20
Theso prices include the Investors’ Supplement, issued once in two
mouths, and furnished without extra charge to subscribers of the
Chhowci.e.
Subscriptions will be continued until definitely ordered to he stopped.
The rublDhers cannot be- responsible tor remittances uuless made by
Drafts or Post-Office Money Orders.
A ueat file cover is furnished at 50 cents;
postage on tho sarno is 18
cents. Volumes bound for subscribers at $1 0O.
Offices iu England.
The office of the Commekcial and Financial Chronicle in London
“With Messrs. Edwards <Sc Kwith, 1
Drapers’ Gardens, E. C.. where
subscriptions and advertisements will bo taken at the regular rates,
SDd shade copies of the paper supplied at Is. each.
The office of the Chronicle in Liverpool is at B 15, Exchange
Buildings.
|
$527,541,755
1884.
589
I Entered at the Poet Office, New York, N. Y.,
WTLUAM B. DANA
*A.
Week Ending Nov. 8
Per Cent.
,
compared in
582 I Broads tuffs
New York every
JOHN 0. FLOYD
(Petroleum.Mis.)
Providence...
3£!te Chronicle.
and
(Stocks....shades.)
bales.)
(Oitton
(Grain.. .bushels)
Investments, and State. City
THE COMMERCIAL TIMES.
Thb Commercial
1883.
are
Pales of—
Returns
575
Epitome
New York
Quotations of Stocks and Bonds 577
Railroad Earnings and Bank
Range in Prices at the N. Y.
8tookExchange
576|
Commercial
Cotton.'
1884.
571
THE BANKERS’ GAZETTE.
Bonds
Week Ending November 15.
Commercial
Commercial and Miscellaneous
News
573
Money Market, Foreign Ex¬
change, U.S. Securities, State
and Railroad
8to ks
The returns for the different cities
following table :
per
our
THE CHRONICLE.
Clearing-House Returns
NO. 1,013.
WILLIAM B. DANA & Co., Publlahers,
79 Sc 81 William Street, NEW YOKEL.
Post office Box 958.
Chicago
I
dianapolia
Cleveland
Columbus
Peoria
Total Western...
St. Louis
$ .0,5SO.SSO
$75,034,153
+27
-183
-23-2
+ 29
+26-6
12-8
2,241,890
1,475,115
819,(90
11*3
$64,139,315
-13-7
-0-2
-17-3
-14 3
—
—
-19-9
$15,502,352
J 1,309,353
$10,519,599
13,078,254
-181
Louisville
3,590,208
4,916,988
—270
Kun*as Citv
4.289,193
1,761.173
3,210,500
1,695,528
+33-3
$15,237,781
11,100,43?
3,95?,442
3,787,915
+39
1,936,005
—6-6
$30,512,279
$39,426,S09
-7+
$36,019,040
—12*1
$16,009,000
-25-5
$10,215,288
-23-9
$772,4*3.781 $1,081,347,096
-28-6
$730,028,613
-19-4
New Orleans
Memphis
Total Southern..
San Francisco
Tntsl v]|
$11,919,372
-11-3
-21-8
+31*5
The returns received
CLEARING HOUSE RETURNS.
With the close of election week a resumption of business is
very dearly indicated through our Clearing House returns.
Thus, for the six days ending Nov. 15 the total exchanges show
increase over the previous statement of about 42}4 million
dollars. Yet notwithstanding this expansion the exhibit is
unfavorable when compared with last year, the aggregate
an
for the week
being $772,443,781, against $1,081,347,096 in
New York records a falling off
from last year of 32*6
per cent, of which about one-third is due
to decreased
speculation on the Stock Exchange. The sales of
shares aggregated a market value of
$106,091,000, against
1883,
or a
loss of 28 6 per cent.
1187,603,000,
and if double these values
are
deducted from the
total
clearings, the exchanges otherwise arising
reach
$315,359,755 and $407,888,672 respectively,
^ 22-7
per cent.
Outside
of New York the total
clearings
are
found to
decline
or a
$244,902,026,
$298,252,424 in 1883, or a loss of 17*9, whereas the loss
t week was
only 10’8 per cent and the previous week 19’G
Por cent. The cities in the New
England and Middle sections
^tribute most largely to this decline, for, as is shown in the
against
statement, the Western
1
it
Five
are
and Southern divisions both
increase over the previous week in comparison with
t year, the
former division 2*4 per cent and the latter Afl
an
by us by telegraph from some of the
important cities for the five days ended with this even
ing furnish a much more favorable comparison than the figures given above ; in fact Baltimore
which showed a loss for
the week ending Nov. 15 of 16'5 per cent., exhibits an increalfe
for the period embraced in the statement below of 2’1 per
cent.
New York also records an improvement, the falling off
being only 19*1 per cent against 32*6 per cent at the close of
last week.
The speculation on the Stock Exchange more
nearly approaches the figures of 1883 than for any period since
we began the record; and if we estimate the value of th©
shares disposed of at the average of last week’s sales we find
the totals for the two years to be $76,000,000 and $106,000,000.
It would, therefore, seem that the exchanges other than those
arising through stock transactions for the five days amount
to $318,080,399 and $388,920,957 respectively, or a loss of 18*3
per cent against a loss of 22*7 per cent for last week.
more
Days Ending Nov. 21.
1884.
New Yor*
1883.
$5S0,920,957,!
Per Cent.
-191
D)ys End'g Nov.lt
1884.
St. Louis
$39,204,796
11,419,338
12,089,687
$45,828,986
11,182,264
13,485.320
-10-3
$446,930,399
(1,320 226)
$53,145,31
31,873,750
10,1.-2,772
12,928,996
Total
$532,794,220
$051,117,527
-182
$555,061,244
Sales of Stock (shs.)
Boston
Philadelphia
Baltimore.
$470,030,399
(1,140,539)
Five
(1,244,957)1
(-7 9)
Not received
—145
+21
Percent
-331
(-23-3)
—15*4
-29-8
—8*3
-7*3
-80*7
THE
5(> l
CHRONICLE.
Thus the United States is being left
its growing burden, still straining
to hold it up.
Of course every thinking man .knows that
if we continue to keep in this position it is merely a ques¬
tion of time when our power of endurance will fail us.
Only a few weeks since it was announced that Greece had
retired from the Latin Union and had negotiated a loan,
of which £4,400,000 were to he used in making prepara
tions toward securing a gold basis for its currency.
And
now the Austrian correspondent of the London Economist
announces, what had before been merely rumor, that
Austro-Hungary was also making efforts to adopt a gold
is
THE FINANCIAL
There
has
been
some
situation, the past week.
( ir
SITUATION.
[Vol. XXXIX.
being increased.
to stand alone under
improvement in the general
One looking at the country
solely from the point of view which lower wages suggests,
may be inclined to hold a despondent opinion of the progress
making. But it must be remembered that, commercially,
we have
been very low down especially the past two
months, that many of the wage-reductions were inevitable
several weeks since but have been delayed for political
reasons, and that cheap living materially lessens the indi¬
< )n the latter point it may in general be
vidual loss.
standard.
The statement is that a loan of 150,000,000
truthfully said, that while the decline in wages relieves the
manufacturer and permits cheaper goods, the lessened florins is about to be placed for that purpose. Our bankers
are a little skeptical with regard
to the success of this
compensation is worth as much for living purposes or has
as great a purchasing power as the earnings of two
years scheme, as Austro-Hungary has a debt of $1,900,000,000,
A disagreeable necessity is thus robbed of its chief largely held abroad, the annual charge upon which is
ago.
about $70,000,000, while it still has an excessive paper
hardship, while through it the country is simply adjusting
currency outstanding and a premium of about 20 per cent
itself to the new level of values.
But the effort it would seem is to
But aside from this incident, there is evidently some re¬ on gold to overcome.
be made, and if it is successful it will take that country
covery, of tone and transactions in nearly all of our mer¬
t
rampant, also out of. the list of silver consumers.
Tiie effect of this movement upon our foreign exchange
movement following the torpor so long existing, will see
little to encourage his views.
Vet it is none the less a market may be very important, not only during coming
We notice that the Econofact that a turn has been made for the better, which if not weeks, but through the year.
disturbed by the unexpected, seems likely to bring in the mist, in commenting upon the scheme, deems it advisable
for the Rank of England to hold a larger stock of
new year with more of promise than could have been
anticipated a few weeks since. - This is reheated also in the gold than it now possesses, and to do this it would
Wall Street markets. A very considerable amount of good obviously be necessary to maintain a rate which would
chandise markets.
One who expects to
find
a
supply from other countries. Since last week the
5 per cent rate appears to have attracted about a quarter
a healthy reaction in prices set in, with bonds also in active
of a million pounds sterling from outside sources, but in
request. If left to itself and not engineered by cliques,
the recovery (with the usual setbacks of course) bids fair tiie meantime the open market rate for money has fallen
per cent.
So it is not unlikely that the question of a
to continue for all valuable properties which late events to
have depressed-so greatly.
This feeling is encouraged by reduction may have to be seriously considered soon—a
stock has been taken off the street
the past ten days, and
draw
a
s
the reasonable
while expenses are being cut down, so
as to net income are anticipated.
ation.
An official rate,
however, which would at least
where the
surroundings Congress could only be
stock
is
large, would seem to be essential. Especially will
induced to do something for the country this Winter, the
this
be
so if the proposed preparations are soon to be
outlook would be truly inspiriting.
Our industries are
conducted now under two severe disabilities, a burden and commenced by Austro-Hungary for collecting the amount
It is well
a fear.
For several years there lias been extracted from necessary for its attempted currency reform.
them over a hundred million dollars in taxes more than enough in this connection to recall the fact that when
sufficient to support the Government.
This is a burden Italy resumed, the syndicate which contracted to furnish
from which we want immediate relief.
Raising money to the gold, obtained,a large portion of it from the United
pay oft bonds at a time of general distress is like a farm¬ States, although it cost them something, for the rates of
er
selling his seed wheat or a carpenter his tools to pay off exchange did not justify the export. If we were not
his mortgage.
What we need at present is to reserve for engaged in that dangerous side-play with silver, such a
reproductive purposes every cent of surplus we can secure, demand would be of no special moment, for nothing
would leave us that we could not profitably spare.
As the
anc^defer this bond-paying business for a more convenient
season.
Then, besides excessive taxation, there is that ever¬ case stands, however, Congress would do wisely to keep
in mind the important fact that there can be no safety,
present fear from silver coinage which is holding enterprise in
check and from which our industries require relief.
The and therefore no “boom" in business until this fear the
coming session is short we know, hut there is no Presiden¬ country is now living under is removed.
As already indicated, the stock market during the week
tial business to delay or influence legislation ; and further¬
has partaken of the somewhat improved feeling which is
more. it is well enough to remember that the party which
sacrificed so much t-o gain the silver vote did not secure a apparent in all quarters. Of course there have been fluctua¬
single silver State at the late election. In the light of that tions, mainly due to the varying rumors respecting the trunk
And, in fact, it is surprising that values
fact, do we not voice the general sentiment when we say line railroad war.
that principle, not humbug, will pay best politically here¬ are not wholly demoralized under the influence of that
If
W
roads soom minimum of 5 per cent, when the trade demand will only
that better results justify a figure 1]- per cent below, is a peculiar situ¬
hope of larger earnings on our
throw the current
with these
demand for gold on France,
at¬
What just now aggravates the'situationin this particular tempt to settle or abate has thus far proved futile.
There
many
for
makes
theories
explaining
its
continuance
and
meas¬
and
the silver coinage question a more potent influ¬
is the marked decline in the price of silver at London. uring its duration.
With regard.to the latter question, the
contest, which has grown so
after ?
bitter, and which every
are
ence.
reported to have said
that it will be kept up until West Shore agrees to restore
stop here to discuss; but underlying thorn all is the leading
That is undoubtedly
influence that that metal has been discarded as currency in its local as well as its through rates.
Europe and that each }ear the tendency in that direction the point of divergence, and there seems little use of
This is due to several well-known causes,
which
we
cannot
New York Central
management are
November 22,
THE
1884.]
adjustment that does not include it, for it could have
no permanency.
There are many, however, who anticipate
a speedy arrangement.
Xot a few think that the New York
Central interest has already contracted for the majority of
the West Shore stock, and that this fight is continued through
collusion, while the Central improves the opportunity of sec¬
uring the bonds. There seems to be no kind of basis for this
belief except the bold way in which the Central keeps up
the contest, and the supposition that it must prove so harm¬
ful to West Shore, that a compromise would be sought, if
an end
to the fight was desired.
All this, however, is
any
mere
surmise and has
no
The movement in the
been
fact whatever to support it.
stocks of the granger roads
of the features
one
this week.
has
notably
These,
565
CHRONICLE.
Chicago & Northwestern, were largely oversold, while the
eirnings showed such heavy decreases in October and
early in November, and this loss in revenue gave color to
How this compares
in the following.
1681.
Xet Burnings.
January
February
March
—
Api il
May
J
with other months this
j
une
...
Difference.
1883.
$431,639
262,582
Decrease.
747.821
Decrease.
570,941
718.090
863,449
Decrease.
145,359
52,881
851,576
Decrease.
858.958
Decrease.
053,168
Deer ease.
710,00 i
689,503
918,912
1,050,002
Decrease.
$4,755,515
$0,644,107
Decrease.
Hence in amount
$223,018
53,433
$208,021
200,149
170,S80
Recreate.
540.780
£50.788
I
1
Total
is shown
801.695
•
July
August
September
year
the
decrease
.
318.17S
96,380
208,908
210,494
Decrease.
.
$1,888,592
heavier than in any
is
other month this year except January, March and June,
in the latter two of which heavy Hoods reduced results.
On the other
hand, it is to be noted that the net for Septem¬
small—in fact were the largest thus
far this year, though that is usually the case.
A company
that can earn $839,000 above expenses in a single month
a rumor
that dividends would be reduced.
It is now certainly has elements of stability that even a large com¬
officially stated, however, that the usual dividends on parative decrease cannot remove.
In the following we
Chicago k Northwestern will be declared, and that after compare the earnings and expenses for four years, in Sep¬
these payments there will remain a surplus.
St. Paul tember and the nine months ended September 30.
sympathized with the movement in Chicago & Northwest,
18S2.
1884.
Central Pacific.
| 1881.
| 1883.
ern, and both rose sharply on Thursday.
In the afternoon
$
$
*
*
September.
i
1 2,420,348.
of that day Rock Island was raided, but, so far as is Gross earnings
2,194,993
2,495,145
2,185,SOS
1,355.485
Operating expenses
1,370,3401 1,517,112 1,23'.854
known, there was no substantial reason for the decline.
authorized
The bonds
branch road
were
for
the construction of the
to have been
olfered for sale next week,
middle of December.
feature of the week
was
securities of the Texas & Pacific road.
early rise in the
The stock moved
one or two points, and the Rio Grande Division
The movement was based on
from 46 to 52.
upward
bonds
an
rose
willing to give the bondhold¬
representation on the board of directors, and that this
would heal the differences existing between the opposing
interests in the road; further, that the coupons on tlie
reports that Mr. Gould was
ers
consolidated bonds of the Eastern Division, due December
This latter is the feature
It will be remembered that the June
1, would be paid in cash in full.
of most
importance.
interest
on
these bonds
was
taken
care
of bv the Missouri
Pacific, which bought the coupons and held them uncan¬
Subsequently a scheme for funding interest on
the various divisions was offered by the company, in which
celled.
the consolidated Eastern Division bonds
were
included.
proposition was that half of each coupon for two years
should be funded on these bonds, and half for four and a
The
half years on
Pacific bonds.
were
by
no means
Net earnings
new
but, owing to an error in engraving, the issue had to be
destroyed, and the new bonds will not be ready before the
Another
ber
Jan. 1 to
1,050,002.
839,508,
978,333,
947,449
!
Sept. 30.
Gross earnings
10,5S0,4P6
18,273,232
Operating expenses
11,824,9811
11,631,125
19,078,021
12,043,109
17,003,094
9,905,051
Net earnings
4,755,615
6,644,107
7,035,512
7,158,013
The
figures here given for the nine months can hardly be
a criterion of the actual ordinary expense of oper¬
ating the road, since the damage from Hoods at two separate
times during the year materially increased the expense
account. But there would not appear to be the same objec¬
tion to the September figures. These show that some reduc¬
tion in expenses was effected in this month last year, and com¬
paring 1884 with 1882 the showing is therefore much less
unfavorable; but nevertheless net earnings, which offer the
true test of results, are smaller than in any other Septem¬
ber given, notwithstanding that the gross are greater than
they were in 1881.
The relatively large expenses now
are at once
the weak and the strong point m the com¬
pany’s situation. They make current exhibits unfavorable^
and at the same time, being so large, they present the
possibility of better results' in the future.
Bankers' balances remain nominally at 1 @ 1 \ per cent,
and the domestic exchanges at Western interior points
still favor the movement of currency to this centre.
At
the South, however, the rate is against us, and some large
used
as
the Rio Grande Division and New Orleans
amounts of silver certificates have been transferred to that
It appears, however, that assents to this
section, as our figures below indicate.
The following
proposition did not come in as readily and as fast as ex¬
statement, made up from returns collected by us, exhibits
pected, and that the whole scheme was in danger of fall*
the week's receipts and shipments of gold and currency by
ing through. In this dilemma the management seems the New York banks.
to
have
deemed
it
best
to
offer concessions
to
the
bondholders, and the result is the
to.
It is not clear that
the
proposition above referred
new arrangement has been
definitely determined, but whatever form it takes, if agreed
to, it seems certain to provide' for important modifications
of the
Week Ending Xr\ 21,
1884.
(lurrenny
Received by
X.Y. Banks.
Movement.
$»)7,000
1,295,000
Loss..
$1,002,000
Loss'..
*
11,803,000
Net Interior
Gain.. $1,25(1,000
$ 1,803,000
Gold
Total gold and legal tenders
Shipped by
X.Y. Banks.
1,295,000
$30,00 0
original plan.
$1,195,000 of this was transferred in the shape of silver certificates
Central Pacific, in pursuance of the policy of the Hunt¬ by a deposit of gold in the Sub-Treasury.
The above shows the actual changes in the bank holdings
ington roads to furnish regular periodical reports of earn¬
ings and expenses, comes promptly to hand with its of gold and currency caused by this movement to and from
exhibit for the month of September.
This exhibit is of the interior. In addition to that movement, the banks have
the same character as previous ones, that is, it is unfavor¬ lost $300,000 through the operations of the Sub-Treasury
able ; if anything, somewhat more unfavorable than here¬ and have
gained $1,400,000 by imports of gold,
tofore.
The decrease in gross earnings proves to be larger Adding these items to the above, we have the following^
than originally estimated, and reaches $261,355, while which should indicate the total gain to the New York
expenses have at the same time been reduced no more Clearing House banks of gold and currency for the
than $20,861, thus entailing a loss in net of $210,494. week covered by the bank statement to be issued tc-day.
*
566
THE CHRONICLE.
[VOL. XXXIX.
clearly the result of a lack of prudence and foresight, the
European investor places his money here in the most
Banka’ Interior Movement, as above
$1,863,000
Loss.
$39,000
11,002.000
unsubstantial
and least promising of undertakings, and
Bub-Treas. operations & gold
300,0C0
Gain. 1,100,000
1,400,000
Total gold and legal tenders....
when finally the venture is demonstrated a
Gain. $1,061,000
12,202,000
13,263,000
losing one, and
The Bank of England gained £434,000 bullion
.his
money wiped away, he seems surprised, and gives vent
during
Week Ending Nov. 21, 1884.
Into Banka.
Out
of Banka
Net Change in
Bank Holding*.
the week. This represents £184,000 drawn from the interior
and £250,000 received from abroad, and doubtless Paris
to the most bitter of criticisms.
We do not wish
be
to
understood
as
arguing that in
has contributed her
quota,for the Bank of France lost 8,175,- making investments here the foreign investor should not
gold, while it gained 1,975,000 francs silver. seek higher returns than he gets at home. On the con¬
The Bank of Germany since the last report shows an increase
trary, we recognize that as the only reason why ho should
of 3,682,000 marks.
The following indicates the amount go outside of his own country at all. Furthermore, it is
of bullion in the principal European banks this week and an undoubted fact that
capital placed in American railroad
at the corresponding date last
securities
will
year.
yield a better return than in European
securities of the same grade;
and if the investor
November 20, 1884.
November 22, 1883.
be
would
content
with
receiving,
not
double
Gold,
Silver.
Gold.
Silver.
the amount lie now secures, but simply an additional one
£
£
£
to two per cent per annum, there would be
£
very few dis¬
Bank of England
19.753,157
22,062,197
To illustrate how much better results we.
Bank of Franco
41,332,800 41,210.670 38.318.405 10.372.G56 appointments.
Bank of Germany
6,889,000 20,658,000 7,0/8,< 50 21,236.250 can offer, we have figured the yield per annum that a pur¬
Total this week
67,971,957 61,968,670 67,479 352 61,609.906 chaser would realize at present prices on the shares of five
Total previous week
67,818,791 61,651,572| 67,321,141 61,202,409
of the leading English railroads, and shall
compare this
The Assay Office paid §320,585 through the Sub- further below with the
yield on some of our own shares
Treasury for domestic and §1,329,356 for foreign bullion of acknowledged standing. The British roads we have
during the week, and the Assistant Treasurer received taken are embraced in the following table. Tho prices, it
the following from the Custom House.
should be said, are of date Nov. 8, the latest to hand. The
dividends in each case mean the amount actually
paid out
Consisting of—
Bate.
Duties.
during the preceding twelve months.
U. S.
Gold
francs
000
,
-
....
Silver Cer¬
Gold.
Nov. 14
u
15.
M
17.
"
18
“
19
“
20.
Total
Notes.
Ccrtijic's.
tificates.
$210,8f 6 63
261,731 82
$5,000
$93,000
$31,000
5,000
84.000
42.000
131,000
401,654 72
501,168 81
4,000
150,000
135,000
36,000
211.00b
135,000
223,000
00,000
22.000
119,00b
62,000
32,000
CO,000
$301,000
$341,OoO
164,S21 12
8,000
9,000
2,000
$1,789,108 43
$33,000
218.925 33
$613,00<
Lust
Companies.
$93,00
Dividend.*
Per
London & Northwestern
£36,081,OSS
G real. Western
7
Os
Midland
Nortfi Eastern
21,801,261
Vi
59*
London & Southwestern
"*
Average for
9,782,838
Market
Price.
(Jen1.
18,384,106
20,429,079
Yield tc
Investor.
Per Coni.
163)4
135)4
427
139 M
4 33
158 H
4'8S
127 -4
4-41
4'51
year of last two semi-annual payments.
Taking these
RELATIVE YIELD OF
Stock.
ENGLISH'AND AMERI. properties in
standard, we find that tho best share
England yield the investor at current
as a
prices from 4-27 per cent to 4-88 per cent per annum;
is,- subject to all the risks of a fall in divi¬
Expressions of dissatisfaction by European investors in
dends
as
a result
our railroad
of bad business, one can net on
properties continue unpleasantly frequent.Our mail abounds with letters of complaints from corres¬ an average only about id percent on first-class investments
pondents on the other side, tolling of the losses incurred in English railways. Now what would be the return to a
by them in the purchase of certain American stocks and purchaser of United States properties of the same class ?
bonds, and American bankers it would seem are in con¬ To answer this question, we have taken the stocks of six
stant receipt of similar communications.
It is a sugges¬ principal companies, and computed the yield on the basis
tive as well as instructive fact that the securities so called of present dividends and prices.
By present dividends we
which these unfortunate persons hold, are almost invaria¬ mean the rate per annum of tho latest
quarterly or semi¬
bly of a class which no prudent or conservative house on annual dividend declared. Thus the Peimsvlvania we have
this side of the water would have
bought themselves or figured at 0 per cent, the last semi-annual declaration hav¬
recommended their customers to buy.
And this confirms ing been 3 per cent, though in the 1 2 months 7 per cent has
what we said two weeks ago that
the poor results attend¬ actually been paid. So the Illinois Central is called 8 per
ing foreign investments in our properties are to be ascribed cent, the extra dividend of 2 per cent last March (making
largely to the entire abandonment or neglect of the cau¬ 10*per cent for the year) not being considered at all. The
tion and discrimination observed in
making selections at prices given are just 10 days later than thos? above, being
home.
of date Nov. 18.
Following is the table,
•
Such instances, however, can not affect the
general
Stock
Pate of
Yield to
Market
Companies.
question of investments in American railroad securities.
Outstand¬ Dis ribv.Vn
Investor.
Price.
Per Cent.*
ing.
Per Cent.
Large promises and expectations mean everywhere, in
Pennsylvania
6
$94,777,850
i02
5-88
Europe and America, corresponding risks. Like other Illinois Central
8
2^,000,000
117
6*84
Chicago & Northwestern
7
41,374,86)
87 H
802
countries, we have hero various grades of investments— Chicago
Rock island & Pacific.... 41,000,000
7
6-28
11114
some excellent,
8
some good, some indifferent, some posi¬ Chicago Burlington & Quincy
79,055,000
121
6-61
New York Central
6
89,428,300
6-79
88%
tively bad. If the investor, either American or European,
On basis of last dividend declared.
puts his money into a dubious enterprise, simply because it
Here the yield is from 6 to 8 per cent. " Tho
Pennsylvai
offers the prospect of an unusually
large return, he must nia returns less than any other, yet yields 5-88 per cent on.
take the risk which such an investment of
capital involves, the purchasing price. The Illinois Central yields as much
and if he should come out with more
experience than as 6-84 per cent, the Rock Island 6-2S per cent, the Bur¬
money he hardly has good grounds for complaint.
This lington & Quincy G-61. The Northwest, which has latterly
is well understood by moneyed men all over the
world, fallen very heavily in price, returns at 87^ over 8 per cent
and nowhere so well as in Great Britain. Yet
by a strange on the investment. With these as a type of our better
fatality which would be inexplicable, were it not so class of propertiei milar to those for
England above, i*
CAN RAILROAD INVESTMENTS.
that
,
.
...
•
*
November 22,
THE CHRONICLE.
1384.]
567
that the investor in the United States can on the distributed in addition to the-17 per cent in
stock 62 per
average get nearly 2 per cent more for his money.
Of cent in cash, an average of 6-888 per cent per year, and
course it will be said that the
buyer here incurs the risk the Pennsylvania 57A, an average or 6-388
per cent,
of a further reduction in dividends, which is correct; Could the
English investor have done as well as this in hia
appears
but
he does abroad—that is
so
of the
peculiarities of
properties. The fluctuations in iu_
come are greater in the United
States, to be sure, since
we are so much
dependent for our prosperity upon one or
two branches
of industry.
"We are moreover an agricul¬
tural country, affected
materially by the outturn of the
crops.
But if there is a possibility of a large falling off on
these accounts at one period, there is the
certainty of an
equally large recovery at a subsequent period. Besides,
growth here is much more rapid and pronounced, and can
be interrupted only
temporarily, while in England the
limit for improvement is
necessarily confined within narrow
one
investments in share
bounds.
tation
a
circumstance in favor of all transpor¬
enterprises in this country.
Much
new
That is
has
been
said of
lines,, and this
in
the
situation
late of the
an
competition of
unfavorable feat¬
the moment,, but how
long
will it be before its influence will be overcome? Its
effects now are so marked because of the
general industrial
ure
But
perhaps
a
fixed and
at
not
fluctuating yield is.
capital will seek bonds ©r mortgages,
rather than shares.
The question, then,
arises, how do the
two countries compare in
this respect? We will take, for
illustration, the same roads in both countries selected
above.
Starting with the English roads, we give below
the situation as regards the 1
per cent debentures of each
desired.
In that
a
case
line.
Covipanits.
Debentures.
Rate
Market
Yield to
Per Cent.
Price.
Investor.
Per Cent.
London & Northwestern
Great Western
£24,* 88,404
r,070,583
10,022,101
12,0 5,875
Midland
doubt is
no
country ?
own
No th Eastern
London & Southwestern
0,204,760
4
121
3-30
4
121
3-30
4
120
31-3
4
no
31-3
4
120
31-8
Prices thus very closely
the yield varies but little,
approximate each other, and
being not above 3^- per cent per
Now
annum.
see
the result
have selected in each
on
American roads.
We
superior grade of bond of
depression which has existed for some time. The New
amount,
or
1st mortgage, and as the
large
either consol
York Central, for instance, lost
largely even before the bonds mature at a certain fixed date, we have in calculat¬
West Shore began to compete for its business.
"We are
ing the yield allowed for the extinction of premium at
from
Buffering
that interruption to our growth which we
maturity. Following is the table.
^)eak of above as being possible only temporarily. Suppose
Yield to
Amount
now there had been no
Rate of
Market
Investor.*
interruption, would the competition
Companies.
Outstand¬
Interest.
.
case some
■
■
of the West Shore have risen into the
prominence it
and when the present period has been tided
over,
has,
will not
the
country find work enough for all the lines ? The era
depression is entirely exceptional and cannot at all be
accepted as a guide to the future, when more favorable
conditions are sure to prevail.
It is assumed that the
purchaser who buys now intends to hold his securities a
of
number of years, or
possibly permanently, and that
a
tem¬
porary reduction in dividends will not disconcert him.
that event he would seem almost certain of
In
profitable re¬
judge by what has happened in the past.
Taking the American roads given above, subjoined is their
sults, if
we can
dividend record for nine years past.
Dividends Paid.
1870.
1877.
1878.
1879.
1^80.
1881.
1882.
1883.
Pennsylvania
8
4
2
7
8
Illinois Central
Chic. & Northw.(com.)
4^
S'A
8^
8
4
6
6
0
7
7
25*
105
5
5
0
0
Chic. Rock Ial. & Pac.
Chic. Burl. & Quincy.
New York Central....
7
7
7
8
8
8
10
tl08><;
7
7
7
7
10
9
8
8
8
8
8
8
8
8
8
8
8
8
8
7Mj
*
1*7 per cent of this in stock.
of th*8 in etc k.
SIncluding un
earnings, of 1883.
Here there
are some
8
lc84.
7
+ 100 per cent of this in stock.
$20 per cent
extra dividend of 2 percent in March out of
marked variations in the
different
years, but observe that in addition to their regular divi¬
dends the Rock Island in 1880
paid a stock dividend of
100 per cent,
new and old
and has since paid 7 per cent upon both the
stock; that the Burlington & Quincy paid a
20 per cent stock dividend in the same
year, and has since
paid 8 per cent; and that the Illinois Central last
year
distributed 17 per cent in the stock of its leased road,
hearing 4 per cent interest, and on its own stock is paying
8 per cent.
It is undeniable that these dividends
cover a
period of prosperity hardly less exceptional than the
pres¬
ent period of
depression; yet, taking the average of good
and bad
years, what gratifying
*n investor had
bought either
results
ing.
Price.
Per Cent.
12J
4-55
Per Cent.
Pennsylvania, consol, raort., 1905. %2 .-,700,390
C
Illinois Central (consol, raort. bds.
of New Orleans line, 1> 51)
Chic. & Northw.. cons, raort., 1902
11,432,000
5
105
4-75
12,3-13,000
7
4-83
12.500,000
13,986,000
3 >,000,000
0
7
120^
135^
12S&
4-74
7
130
4-60
Chic. & Rock Isl., 1st raort., 1917
..
Chic. Burl. &
Q., cons, raort., 1903.
N. Y. Cent, & 11., 1st mort., 1903..
*
After
4£5
allowing for extinction of premium at maturity.
The
yield here is in sharp contrast to that abroad. In'
stead of 3 l per cent as a maximum, we have 4-55
per
cent as a minimum, from which the
yield runs up to 4-82.
These are all bonds of undoubted
stability and value, as
is evidenced by the fact that the companies
pay dividends
on their
stock, and also by the fact that the yield is low
for this country where we look for 6
per cent return on
our
money, and only accept less for a superior order of
investment. It seems clear, therefore, that even on the
highest grades of bonds the foreigner can secure nearly
per cent more than on the same grades in Great Britain.
It is apparent, too, that in
buying such bonds he incurs
no more risk than he does at home
(the risk being at a
minimum on an investment of this
class), and that if he is
lured away by cheap, speculative stocks or
bonds, offering
an
exceptionally large return, he has only himself to blame,
and the loss is to be charged not
upon the whole body of
American investments, but rather upon a particular class,
which are in as bad repute in the United States as
they
are in Europe.
MUNICIPAL INDEBTEDNESS.
The
slight difficulty in the construction of the
amendment
to
new
the
Constitution of this State suggests
both the inconvenience of the
brevity that is necessary in
drafting laws which are to be enacted by popular vote,
and which
be
changed only by another popular vote,
and frequency of amendments in New
Pennsylvania or Illinois
Central in 1876, when both were
paying 8 per cent, and York. It might be said that it is as easy to amend the
had held the shares ever
since, would he have reason to Constitution of the State as it is difficult to modify the
regret his action now ? Both dropped to 4
On a cursory examination of the matter
per cent in the national charter.
very next year, and Pennsylvania to 2 per cent in 1878
we find that
nineteen amendments, as voluminous in the
;
hut
putting the nine years together the Illinois Central has aggregate as the original Constitution, have been made
we
get.
Suppose
can
and also the
ease
[,• r*
-.TTrt»*|r\l t, f
WVk*
[
THE
5!i8
since
that instrument
was
framed
in
1S40.
CHRONICLE.
Fifteen of
adopted in 1874 and the
that have elapsed since that date, and the most
of them have been ratified by two. three, and even six to one.
As for the question whether or not the amount of the
sinking funds shall be deducted from gross debt, that is
a
matter for judicial decision, but the common sense of
the situation is so plain that one can hardly doubt what
that decision will be.
If a man’s own paper, bought by
himself before maturity, forms a part of his liabilities,
then the sinking fund bonds owned by the city of New
York ought not to be deducted from the gross debt.
Otherwise, they ought.
It would be a queer bankrupt law,
however, which should permit a debtor to include his own
notes, so purchased, among his liabilities, and so to make
himself a creditor of his own estate, and'entitled to a
dividend out of it.
Almost every one is now ready to
admit that there is nothing in the principle of a sinking
fund beyond this: that it is a convenient method of paying
a
debt gradually, and secures the appropriation, period¬
ically, of a sufficient amount to meet the whole debt at
maturity. There is nothing magical about it, and not a
dollar of profit in the system.
All the advantages of it
can be realized just as well if the bonds be destroyed as if
they be retained. And should the question that has been
raised become troublesome, the legislature can settle it by
a
simple act authorizing cities to cancel 'their own bonds
held in sinking funds.
Then the bonds will no longer, in
any sense, form a part of their respective debts.
The amendment is a distinct step in a direction which
wo must take if we would avoid great evil's.
Until within
a few
years no restraint was anywhere put upon the crea¬
tion of municipal debts.
In most of the States, cities and
towns had full authority to contract such debts as seemed
to them expedient, and if there was any doubt, legisla¬
tures promptly responded to every petition for leave to
issue bonds.
In the newly-issued Census volume (No. 7],
it appears that Maine has the heaviest municipal debt in
proportion to the population of its cities of -any State in
the Union.
Those who know the history of those debts
are aware that enormous amounts of money were raised to
build railroads that have not paid interest on their cost,
and other sums to induce capitalists to develop water
privPeges and erect factories. Two-tliirds, in fact, of the
these amendments
have
been
ten years
indebtedness
fV0L. XXXIX.
long ago as 1870. In its constitution
adopted in that year is a prohibition upon every municipal
corporation, great and small, in the State, to create any
debt which, including existing indebtedness, would exceed
five per cent of its taxable valuation.
Pennsylvania fol¬
lowed in 1873 with a provision against municipal debts
exceeding seven percent of such valuation, with an excep¬
tion in favor of cities that had already passed that limit.
Maine adopted a five per cent limitation in 187 7. Indiana
went still further in 1881, and forbade municipal debts in
excess of two per
cent of the valuation. Massachusetts
passed a law several years ago establishing the five per
cent limit, and public sentiment there is so strong in
support of the measure that the act is as unrepealable
as
if it were a part of the constitution.
Numerous
Stares, at various dates, have put a stop to the practice
of municipal aid to railroads and other enterprises.
The
recently-adopted amendment to the New York Constitu¬
as
tion is, so far as its limit to ten
valuation
is
of the real estate
concerned, virtually equivalent to the Illinois
and Massachusetts five
per cent
In its appli¬
only to cities of more than 100,000 inhabitants it is
by no means so thorough a reform as prudence demands.
Indeed the temptation to extravagance for the sake of pro¬
moting the growth of a city is greater in a small place than
it is in a large one ; and heavy taxation is more burdenseme upon
small cities than it is upon the popular munic¬
ipalities.
We are aware that a great deal is to be saiddn favor of
the large public improvements undertaken by cities ; and
it is perfectly obvious that they cannot be carried out, in
many cases, unless the city can incur a debt.
But nearly
all such enterprises will suffer nothing worse than delay
per
cent regulation.
cation
and slowness of
execution from
the restraint which
exoex
rience shows must be put upon
cities, and in the hot rage
to be bigger than its neighbors,
of such provisions will be on the
whole beneficial. Second thought would have saved many
a tax-burdened
community from much grief and sorrow.
It will do so in the future.
Meanwhile the irrepressible
spirit of America will take care that no opportunity for
healthy growth is missed. There will no doubt be some
inconveniences resulting from prohibitions that seem to
render it more difficult to seize the right moment for enter¬
indebtedness of Maine towns was incurred for the purpose ing upon some large improvement, but these will be of
of aiding railroads.
In some parts of the country partial little consequence as compared with the security which is
or total
repudiation of city and county debts has been given against reckless haste and waste.
attempted in order to relieve the people from what
seemed to them
an
BALTIMORE &
intolerable burden.
borrowed by
counties, cities and towns reached its extent about the
time of the panic of 1873.
Almost one half of the G82
millions of bonded debt owed in 1880 by the cities and
towns of the country having 7,500 or more inhabitants
was issued in the six years 1870-75,
inclusive. The aver¬
The average of
age was more than fifty millions a year.
the four years following that period was only thirty-two
An alarm as to the consequences of such whole¬
millions.
sale debt creation had taken possession of the people, and
while in some badly-governed cities there has been an
unnecessary increase of indebtedness, the tendency in these
last years has been distinctly fn the right direction.
For
example, the net debt of New York City will be. accord¬
ing to the Mayor's recent letter to Mr. Lacombe, but a
little more than 90 millions on the 1st of January next,
against 109 millions in 1880, a reduction of about onesixth in five years.
Public opinion outside of the cities
lias had much to do in bringing about the change.
Illin¬
ois, we believe, led off in the work of limiting municipal
The recklessness with which money was
of every American city
the moderating effect
OHIO'S EXHIBIT.
report of the Baltimore & Ohio for the year ended'
September 30, issued this week, is an interesting study. In it
we can, by analysis, trace the effects of the various and
The
diverse influences to which the company
has been subject
during the year. Being a leading trunk line, it suffered of
course from the unsatisfactory relations
existing between
such lines, from the general demoralization of rates, from the
intense competition for through business, and from the
depression characterizing all branches of trade. But be¬
sides that, the company has of late years enormously
increased its coal (bituminous) tonnage, and the effort of
rival systems to deprive it of some of this, as well as the
competition between that grade of coal and anthracite,
was one of the features of the year.
Then the company
has lines into Pittsburg’ and Western Pennsylvania gen¬
erally, the great manufacturing district where depression
is especially pronounced, and -where, therefore, railroad
traffic would be most affected—more so, perhaps, than by
the unsatisfactory state of trunk-line business, so called.
As a partial offset, however, to loss in this way, the
November 22,
THE
1884.]
5( 9
CHRONICLE.
had in that district somewhat more mileage tons increase on that stem 572,531 was in the deliveries at
and very much better falicities for transacting business, Baltimore, which amounted to 2,227,352 tons, against only
1,654,821 tons in 1882-3. In the increase in production
particularly in and out of Pittsburg.
The result of all these influences is seen in earnings of bituminous that this large movement rellects, theanthracite coal carriers may find one reason for the dimin¬
(on the entire system) about $800,000 less in gross
and nearly a million dollars less in net than in the pre¬ ished demand for their own article of coal.
The passenger traffic of the road seems also to be
ceding year. The small loss in gross earnings is evidence
from the same
that the volume of traffic has been maintained, while the steadily growing, for the earnings
the
largest on record.
The increase over
increase in expenses despite the diminished gross earnings are
the
previous year is only $56,400, but the total of
is to be attributed chiefly to the lower rates realized, but
the earnings is now $2,076,684, against only $1,379,990
partly also to heavy expenditures for renewals, betterments,
1880.
In one kind of traffic the company appears to be
&c., on many of the divisions. Dropping for a moment in
We mean grain. After having delivered
the discussion of the causes that have led to this large loss steadily losing.
of net earnings we may say that according to the report 29,622,895 bushels of grain at Baltimore, in 1S78-79, its
The
the company has nevertheless been able to contribute to total in the late year was only 11,553,052 bushels.
surplus fund $1,940,316 during the year, raising the total company gets most of its grain traffic from the Ohio
of this fund to $47,703,796, which represents that amount Valley, where the crops have not been particularly good
In 1881-2, when they were a com¬
of money invested in improving, enlarging and extending for several years past.
the system since the inception of the enterprise.
It will plete failure, the deliveries by the road were even smaller
surprise some that the sum contributed to the fund in this —namely, 8,343,240 bushels. The next year they were
In
last year was actually $84,495 more than in the year pre¬ somewhat better, but last year'they were again poor.
the present season the yield has been very good, but this
ceding, notwithstanding the contraction of nearly a million
dollars in net income.
The report furnishes neither bal¬ could count in the year ended September only for two
ance sheet nor income account, but the
explanation is months, August and September, and only on one of the
found by reference to the statement for 1882-3, where we cereals, wheat.
Live stock tonnage has followed the
course
of the grain movement, and also shows a much
are told that the surplus in that year was made up after
charging oft\ $S54,S46 loss incurred on account of the smaller aggregate than in previous years. In lumber, on
Marietta & Cincinnati Railroad.
()f course, no such item the other hand, as in coal, there is a steady gain, which
appeared this year, and the decrease in net earnings was II bad times have not as yet checked. Thus the character of
therefore offset in that amount by this fact. The company the company's traffic has undergone very important
paid the usual 10 per cent dividends, and if we call the changes. The following is a comparison of the items of
$1,940,316 surplus as so much additional that might have traffic mentioned, for five years.
been distributed, the earnings for the 3*ear were equal to
1883-84.
1S81-82.
1382-83.
1880-81.
1879-80.
23 per cent on the $14,792,566 stock outstanding.
Coali
kecaiM (t'ns)
As illustrating that the volume of traffic was main¬
2,255,146 2,180,608 2,521,226 2,531,557 3,268,521
On main stem
company .has
c
added to, during the year, we have cer¬
tain data in the report 'before us.
The traffic statistics
furnished by the company are always meagre, but we are
informed that the tonnage of through merchandise east
and west reached
2,275,252 tons in 1883-4, against
2,108,325 in 1882-3, an increase of. 166,927 tons, and a
tained, and
total
even
larger than
ever
in this traffic has been
before reached.
Indeed, the gain
Of which for com¬
386,626
2,447,749
678,041
681,696
439,912
2,157,696
966,458
5,647,016
5,668,383
6,392,675
409,695
Pittsburg J)i\\.
423,256
1,^21,250
On Trans-Oliio Bivs
312.454
421,521
1,980,102
378,917
4,388,856
4,539,627
598.992
959,568
607,034
701,935
717,258
bush. 16,409,300 12,572.332
6,586,814
591,719
C,633,443
6,415,550
4,935,900
3,472,940
pany's use
On
Total
2,102,130
Cari ied to Baltimore.
Flour
Wheat
Corn
Total
bbls.
bush.
8,510,456
G,728,287
grain of all
11,553,052
kinds
bush 25.962,696 20,329,858 8,343,210 12,770.392
uninterrupted year after year, and
90,530
82,187
89,284
115,8-5
Live stock
tons.
165,45 4
107,398
93,352
95,266
79,003
Lumber
tons.
54,530
very decided too, so that the 2,275,252 tons of the present
niercli’iVse,
year compare with only 435,207 tons in 1871.
This Through
Ea t<& West.tons.
1,980,397 2,014.110 2,043,227 2,103,325 2,275.252
expansion has followed from the expansion of the com¬
With these preliminary remarks as to the traffic of the
pany's system of roads—into Chicago, into Pittsburg, &c.
But the coal traffic also shows a further growth, and this, system, we will be better able to understand the fluctua¬
too, in a period of great depression. The tonnage of coal, tions in the earnings of the different divisions. There is
coke, &c., aggregates 6,392,675 tons, against only 5,668,383 a loss of $300,000 in gross and $1,000,000 in net, as
tons in 1882-3, and but 3,390,975 tons in 1878-79. already stated.
What division or divisions have made the
Thus there has been an increase in the past year of 724,292 loss? Beginning with the main stem,, we find that the
tons, which is all the more remarkable that on the Pittsburg decrease in gross is only nominal, $73,000. This at first sight
division there was a loss of 244,434 tons, so that the gain seems surprising, for trunk-line business has been notori¬
on the other
divisions must have been near to a million ously bad.
But the gain m coal traffic, we have seen, has
tons.
Closer examination reveals that the bulk of the been extraordinarily large, and this no doubt offset the
increase occurs on the main stem, which has raised its loss in other items of traffic. The fact that this coal traffic
total from 2,5S 1,557 tons to 3,268,521 tons, an augmen¬ had to be carried at very low rates, and that through
tation of 686,964 tons.
We have already referred to the freight also commanded poor figures, would account for
fact that the company had to meet the competition of the augmentation of $121,560 in expenses, which, with
rival lines on this traffic, and the report states that vigor¬ the decrease of $72,881 in earnings, gives a loss of $194441 in net. On the Parkersburg branch, which is simply a
ous measures were taken to protect the coal interests of
the road in Maryland and West Virginia, by meeting all link in the through line to St. Louis, we may suppose the
cuts or rebates made by the Clearfield region in Pennsyl¬ result uninfluenced by the coal traffic, and there we find a
vania, “even though the rates were low and in some cases loss of $95,364 in gross (about 13 per cent), and $118,338
But it is the Pittsburg division (Pittsburg & Conunremunerative.’5 It is this policy chiefly that has brought in net.
about the large increase on the main stem, after very nellsville line) that accounts for the greater part of the
heavy additions in previous years and despite great indus¬ loss which the system has sustained. This is brought out
trial depression, and it is to be noted that of the 6S6,964 in the following instructive and useful table, showing the
570
THE CHRONICLE.
earnings and relative profitableness of each division of the
entire system for five years.
•
1880-81.
1879-80.
Main Stem
1881-82.
1882-83.
1883-84.
(Balto. to
Wh'ling and Br'nche*)*
S
$
$
$
Gross earnings
11,229,880 11,122,200 10,550,570 11,579,839 11,500,958
Expenses
0,050,899 6,275,044 5,983,02G 0,147,050 0,209,210
Net
earnings
5,172,981
4,846,010
4,572,944
5,432,183
5,237,742
314,406
07,909
353,570
*160,037
351,350
133,103
346,505
124,257
335,944
3 55,613
Net earnings.
240,497
193,533
221,253
222,248
180,331
Parkersb'g Br. (Grafton
to Parkersburg)—
Gross earnings
Expenses
SGO.lOO
488,331
712,158
039,730
024,005
510,594
738,527
478,400
043,103
501,440
371,829
72,422
108,071
200,001
141,723
1,003,500
092,112
1,000,025
777,758
987,402
072,470
1,103,839
710,050
1,109,773
311,154
228,207
31
4,932
387,789
370,038
351,248
352,109
345,591
380,343
409,420
Washington Branch
(Relay to Washington)—
Gross earnings
Expenses (partial)....
Not earnings
Cent. Ohio Dio. (Bellair
to Columbus)—
Gross
earnings
Expenses
Not
earnings
Rental (35 per cent of
gross earnings)
Deficit
dof.
793,135
39,794 df.123,842 dof. 30,059 surp. 1,440 def. 32,782
Lake Erie Div.iNewark
to
Gross
'
Expouscs
Net earnings
847,222
899,792
1038,308
787,418
Surplus
940,769
700,008
999,128
707,347
1,010,508
754,808
112,371
194,350
234,701
194,350
291,781
194,350
201,700
199,350
19,504 def.S 1,970
40,351
97,431
02,350
1,092,007
208,854
189,350
•Rental
'
4
Chic. Div. (Chic. June.
O., to Chicago, III.)—
Gross
oarnlngs
Expenses
1 548 991
982,320
] ,038,002
1,185,592
1.878,107
1,304,004
2 040 881
1,215,600
1,557,893
Net earnings
Taxes
500.074
453,070
40,871
440,407
47,815
573,503
48,013
488,988
53,754
Remainder
Jnt.onil ,600,000 l’n t
512,920
391,031
400,199
391,016
398,592
386,837
525,490
388,957
428,019
390,954
121,889
15,183
11,755
130,533
37,005
50,380
41,780
53,557
52,463
59,380
58,229
72,091
40,070
141,890
128,275
8,594
1,094
1,151
32,021
13,021
43,788
35,337
11° 125
8,451
10,008
104,781
115,209
108,533
107,775
Surplus
Wheeling Pitts. & Balt.
(Wheel g to Wash .Pa.)Gross earnings
60,369
-
Expenses
Net earnings
Pi! tsb. Southern (Wa shton, Pa., to Pittsb'rg.)Gross earnings
Operating
expenses..
Not
95,157
Newark Som., 1 Struitsv
(N’w'rk.O ,to Sh'wnee)Gross earnings
221,049
130,390
Expenses
Net earnings
177,30f
135,75(
88,259
41,541
188,937
175,859
13,078
19,512
758
Pitts.J: Con n'llsx\(Pit 's.
to
Cumberland A Br's)-
earnings
Expenses
2,238,482
1,220,055
2,500,518
1,376,075
2,979,789
1,437,004
2,813,172
1,334,897
2,294.827
1,252,095
Net oarnlngs
Interest
1,011,827
078,858
1,124,473
€78,858
1,542,125
078,807
1,478,275
081,725
1,042,132
083,493
332,909
415, Gif,
§803,318
11790,550
358,039
Surplus
Expenses
18,317,740118,403,877 18,383,875 19,739,837 19,430,008
10,330,770 11,390,471
Net earnings
7,980,970
10,929,213 11,034,011 11,070.307
7,073,39!-
7,454,002 8.705,823
Includes large amounts spent for
improvements, &c.
t Includes $10,000 paid in settlement
of accounts.
11 This item is charged to the .interest account of the Main
Stem.
$ Out of this $150,371 was paid for
7,700,301
*
construction of double track.
H Out of this $503,213
was
spent for additional double track, *fec.
It is not
surprising that this Pittsburg division should
largely in both gross and net—the decrease in
the former is
$518,345, and in the latter $436,143. As
already remarked, this division runs through the manu¬
facturing district of Western Pennsylvania, and it is there
that the existing depression is
particularly felt. The coal
have lost
so
traffic alone
244,434 tons,
on
as
volume of traffic
this
we
division suffered
have
seen.
declined, but
But
a
contraction of
not
only has the
rates also had to be mate'
rially reduced, which of course would raise the ratio of
operating expenses. Pesides this, however, business was
interrupted by floods in February and March, causing
'•damages the repairs of which entailed large additions to
In contrast to the loss of earnings
Pittsburg division is the gain on the Chicago divi¬
sion, which however is turned into a loss of $84,000 in net
earnings by a heavy augmentation in expenses. That this
division (which above all others would be
unfavorably
affected by the unsatisfactory state of trunk line busi¬
ness) should report larger earnings, appears somewhat
singular till we recollect that through the opening of the
Pittsburg Southern the Baltimore & Ohio was (as men¬
on
the
tioned in
our
review
a
ago) afforded
an entrance into
Pittsburg from the West, which it did not previously possess, and this no doubt proved advantageous not only to
the Chicago division, but also to the Central Ohio and
Lake
Erie divisions.
year
It is certain
that both these latter
divisions, like the Chicago Division, have larger gross than
a
year ago.
The loss in net no doubt follows from the
lower rates that had to be accepted.
On the Pittsburg
Southern the result has no particular
significance, since
the line is merely a small link in the new route to Pitts¬
burg, and the same maybe said of the Wheeling Pittsburg
& Baltimore, but on the latter the decided increase in
been
the
can
some
now
be
taken .at
least
growth of traffic
as
as a
evidence that there has
result of the opening of
route.
Though net earnings are a million smaller than last year,
with that exception, and except also the year 1879-80,
they
are
larger than in any previous year. They are, for instance,
$300,000 greater than in 1881-2, $700,000 greater than in
1880-81, and $1,200,000 greater than in 1878-79. This im¬
provement has been possible only because of the extension
of the company’s system in various directions,
which, as is
known, has been very judiciously done. There was a
time when the company’s policy in this respect was called
into question, but the results have justified it.
Not to
speak of the immense additions secured thereby to the
business of the main stem, almost all the new extensions
have become self-sustaining; indeed some of them are con¬
tributing large profits to the parent company. Thus the
Pittsburg & Connellsville, notwithstanding the large dim¬
inution in its earnings the past year, yet had a surplus
of
$358,000 above interest charges. The Chicago division
has for many years been able to • take care of its
own
interest.
Lake Erie
The
Central
Ohio
division
and
the
Division, when taken together, also entail no loss,
one
being offset by the other’s surplus.
As bearing upon the future, it is to be noted that
the same policy of providing new avenues of trade is still
being carried out. We have already alluded to the Pitts¬
burg Southern having furnished an entrance into Pitts¬
burg for points in the West like Chicago, Sandusky, &c.
By the opening of the Cincinnati Midland (from Columbus
south) the same road will be made serviceable for supplying
an outlet to Cincinnati and St.
Louis, and thus the whole
Southwest will be brought into connection with Pitts¬
burg over the Baltimore & Ohio system, a connection
which that system has lacked heretofore.
Then the Bal¬
timore & Ohio has come into very close relations with the
Pittsburg & Western (which lately leased the Pittsburg
Cleveland & Toledo) and this will not only open up to the
company the territory covered by these lines (between
Pittsburg and Lake Erie) but will supply very direct
routes to points like Cleveland from Baltimore and Wash¬
ington. Furthermore, the distance to Chicago and other
Western points is to be shortened some 25 miles by the
building of the Ohio & Baltimore Short Line between Con¬
nellsville and Washington, Pa. ‘ Finally the company's
line between Baltimore and Philadelphia is being rapidly
pushed forward, and according to the report will be com¬
pleted by July next if the winter is not severe.
the deficit of the
Gross
Tut of all li?ics op’rat'dGross oarniugs
the expense account.
business
Sandusky)—
earnings
[Vol. XXXIX.
November 22,
THE CHRONICLE.
1884.]
BRITISH FEDERATION.
The idea of British
written several
Federation, about which we have
times, begins to find practical development.
A Conference
571
Then, again, if the colonists are to bear their share of
expenses of the federal empire, it is natural that
they should seek representation in the federal councils.
To give them a place in the British Parliament would
imply a radical change in the entire government
the
composed of delegates from the different
some of the more prominent statesmen of
It is. difficult indeed to conceive of the
Great Britain is now in session in London.
Papers have machine.
been read giving full accounts of the trade, resources, colonists in the British Parliament without something like
a
preliminary revolution, and we do not believe that will
population, condition and prospects of the different colo¬
bo attempted.
A suggestion which seems far more
nies ; and the members of the Conference have, as the
feasible is that, in addition to the existing Parliament to
result, become familiar with the kind of material out of attend to British affairs, just as the
separate colonial par¬
which the federated British empire, is to be constructed. liaments attend to the affairs of the
respective colonies,
At the meeting held on Tuesday the first really practical there should be an Imperial Parliament with certain
step was taken in the way of giving effect to the idea. powers of sovereignty. Some such idea as this would
seem to be the only possible basis of union ; and
yet, as
Provision was made for .the formation of a league whose
soon as
suggested, it presents so many difficulties that the
object should be the securing of the permanent unity of scheme looks very formidable. Now, however, that the
the empire, without interfering with the existing rights of proposal has been submitted to a representative committee
the local parliaments in regard to local affairs, the com¬ to formulate a plan, its results will bo anticipated with
interest.
bining on an equitable basis the resources of the empire
and the maintaining of the common interests, together
with organization for the defence of the common rights. pl0txetavg[I©ammerctaX gugltsft ^tvos
As an initial step, this is perhaps all that is necessary.
It RATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
is probably all that was possible in the circumstances.
AT LONDON-Nov. 7.
EXCHANGE ON LONDON
The arrangement is cautious and well worded.
Such a EXCHANGE
Latest
state of things realized to the satisfaction of all parties
On—
Time.
Rate.
Time.
Rate.
Date.
would, from certain points of view, be unquestionably a Amsterdam. Short. 12 2*2 ® 12 3*2 Nov.
Short.
12 15
colonies and of
n
/
Amsterdam.
most desirable consummation.
It
is
evident that
there
Britain should desiro such
the
a
Han;burg..
many reasons why Great
union.
The ruling classes in
are
United
Kingdom have never forgotten the lesson
which was taught them by the secession of the American
colonies.
The same blundering policy has ever since been
studiously avoided. The desire is strong that the colonies
remain in connection with the mother country; and every¬
thing is done to make that union agreeable. If any of the
existing colonies should choose to retire, it will not be
because of undue or coercive influence exercised by the
Imperial Government. A British colony, in fact, enjoys
advantages of a very exceptional kind. It has all the
benefits of freedom and self-government, without being
burdened with the naval and military expenses which are
necessarily borne by an independent Power. It is natu¬
ral, also, in view of the changes which are taking place in
other nations, and especially in view of certain recent
colonial movements on the part of France and Germany,
that the British Government should desire to tighten the
In times of peace the parent wishes to
bonds of union.
have the trade of the children
;
and in the event of
war,
she wants their aid.
3 mos.
••
.
Berlin
a
Frankfort...
u
Vic
if
n aa
Antwerp.
125
2062
20 63
20-63
@12‘-5*a
....
@2066
©20-67
'©20*07
l2-3d*.j@12-38%
25-53% 5 25*58%
u
..
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
u
Faria
25*45 'a) 25*50
Paris
Checks 25-25 @25*30
Nov.
St. Petersb g 3 mss.
Nov.
21*8@24*4
II
Genoa..
25‘02 *£@25-07*3
«<
Naples
*
4630 @46*a
4630@46ij|
1
if
Lisbon
•
•
•
•
New York... 60 days
Bombay
..
..
48% @49
dem’nd
Ca entta
Ilone Kong.
Shanghai....
mos.
Short.
I*
If
<1
Cheeks
3 mos.
20-44
20-44
20-44
12*20
25 30
25*27
25-21
If
7
Nov.
7
3
Nov.
5 3 mos.
II
7
7 Cables.
ii
7
If
7
7 4 mos.
I*
7
mos.
47-60
5130 0)51%,
Alexandria..
Constaut’plo
3
25-62*3 ®25-67*3
ii
Madrid
Cadiz
7
7
7
7
7
7
7
• 4
Is
73i6d.
Is.
T-figd.
Nov.
Nov.
Nov.
Nov.
^fov.
Nov.
....
i From
95*%
UOuO
4-84
Is.
7>ied.
18.
74s2CL
3a. 8<L
4S. 11*8(1.
our own correspondent. J
London, Saturday, Nov. 8, 1884.
The Bank of
England rate of discount was advanced on the
the 27th to 4 per cent,
and on Thursday this week to 5 per cent.
The state of the
Bank account has been as follows during the last few weeks,
Gth of October from 2 to 8 per cent on
as
far
as
the bullion and
reserve are
concerned.
Bank
October 1
October 8
October 1 5
October 22
October 29.,
November 6
The above
Bullion.
Reserve.
£21,799,392
20,974,328
20,489,479
20,56 5,047
19.832,203
£11,269,932
10,473,078
10.280,819
10.644,127
10,062,009
19,298,157
Proportion,
rate.
38 percent.
2
3'^e
35*4
3fi%
35^8
per cent
per cent.
per oent.
per cent.
3
3
3
4
9,517,237 34*3percent.
5
figures show that in the course of six weeks the
supply of gold htis declined from £21,799,392 to £19,293,157, or
to the extent of £2,501,235, while the reserve of notes and coin
has been diminished by £1,752,095, viz., from £11,269,932 to
Evidence is abundant to show that the spirit is strong
£9,517,237. The proportion of reserve to liabilities, which was
both in the Dominion of Canada and in the Australian
3S per cent on October 1, is now 34% per cent, being a reduc¬
colonies. It is not, however, so easy to seo in what way tion of nearly 4 per cent, and the Bank rate has been raised
federation would be a gain to the colonies. They have from 2 to 5 per cent.
These clianges have led to animated discussions, and it has
already all or almost all they could expect from a federal
union, and whatever they have in the shape of advantages naturally been asked if 5 per cent will be adequate, or if 6 per
cent will bo necessary in order to check the outflow of gold. It
they have them at less cost. There is something grand in is
quite obvious that with so small a supply of that commodity,
the conception of a confederated British empire, in which
and with so diminished a reserve, prompt measures had become
the colonies would be on an equal footing with the mother
necessary, and the advance in the Bank rate of discount from
country. But such an arrangement is not to be brought 2 to 5 per cent in so short a period indicates, in a very strong
about without money and without price to the colonists. manner, that the Bank authorities have exercised their power
without much
Confederation, with all its accompanying rights and privi¬ Uncertain as thehesitation, and indeed with much judgment.
prospect is, it may now be asserted that there
leges, will be attended with its obligations and responsi¬ is some increase of confidence, though no great hopes are
bilities, and the ultimate desire for incorporation in the entertained of a very brilliant future. The close of the year is
federal union will depend very much on the, character of now fo near, and so large a proportion of the winter trade in
these obligations and responsibilities. If there is to be no manufactured goods has been arranged, that only hand-togain to the colonists—if, on the contrary, there is to be mouth purchases are possible. It is said, and we believe with a
sacrifice without any corresponding benefit—the pre¬ great deal of truth, that there are an unusually large number of
arrangements or compromises being made in mercantile circles,
sumption is that colonial ardor will cool considerably and more especially in “ Mincing Lane5* or in the grocery pro¬
Wore euch union shall have become an accomplished fact. duce department. The only consolation to be derived from this
The
desire for union is
likewise
not
all
on
one
side.
i
*
«;
is attained, by
which a new beginning can be made and a sounder condition
of things brought about. The very fact, however, that com¬
promises, numerous, and in several instances important, have
been effected, argues that it would be injudicious to extend
credit too rapidly, as another period of difficulty would soon
be the result.
This is not likely to be the case. The existing
crisis, or whatever it may be termed, has already been a long
and distressing one.
It is a very common belief that rapid
means of communication, such as exist at the present time,
is that
u
CHRONICLE.
THE
572
easier
an
as
well
as
have averted serious difficulties ; but although those means of
communication have, in that sense, been most advantageous,
they have kept fresh business largely in check. Instead of
calling their creditors together with a view to an immediate
settlement, the majority of firms who have suffered losses,
being able to ascertain at a brief notice the extent of the remit¬
tances they are likely to receive, have been placed in the posi¬
tion of making such arrangements as will enable them to meet
every obligation and maintain, in a satisfactory manner, their
credit.
In order to do this time is required, and hence the
protracted period of inactivity.
The money market has been very unsettled during the week,
but yesterday and to-day reliable rates for discount accommo¬
dations and for short loans have been quoted. The export
demand for gold having perceptibly diminished, there is more
confidence, and there seems to be an impression that 5 per
cent will not be
The
following
exceeded..
the present prices for
are
money.
Interest allowed
Open market rates.
lor deposits by
Bank Bills.
Trade Bills.
London
Joint
' Three
Four
Six
MonthsMonths Months' Months, Monthsj Months
Three
3
Oct.
10
3
I
l%® -|2A®
2H® -,2%@
-
7i 5
Six
Four
-js%»
3 <§>
Nov.
Disc't ITse
—13 @
-
-
-
S%@ -3*433% 314®
-
2%@
~
—(3 ® -3 ®
-
@
-
-
X
m
m
-
—
3
Banks. Call.
2K®
2%@
3H®
At
Stock
-|3J4@3%
3-;3*4@3%
3A@ —8X® — 4 ® -3H® - 4 @ -4>4@
4%ra4*<( 4%nom H-Knom 4%34\4 4%® — 4 ®
7 to 14
Da-is.
1
-1
2
-2
2
-2
m 2 -2
2H 3 -3
3 % 3«-4
—
The
following return shows the present position of the
price of
consols, the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair 2d quality,
and the Clearing House return for the past week, compared
with previous years:
Bank of England, the Bank rate of discount, the
£
Circulation
1881.
1882.
1883.
1884.
£
£
£
20,295.200
26,109,510
25,530.920
25,003,075
Public deposits
4,180,452
Other deposits
23.597,475
Governing securities. 13,709,993
Other securities
23,3 ■>?. 160
Res’ve of notes & coin
9,517,237
Coin and bullion in
both departments.. 19,298,157
Proport’n of reserve
31-30
to liabilities
5 p^ c.
Bank rate
Consols
10o"u5
32s. 3d.
Eng. wheat, av. price
Mid. Upland cotton..
57e)'l.
No. 40 mule twist
4,209,643
23,587,841
13,079,008
Clearing-House ret’11.131,296,000
97,717,000 102,380,000 102,589,0o0
.
2,510,3.3
3,010,953
23 572,587
13.595.0! 4
19.822.153
23,29 4,300
11,231,057
22,758.340
12,136,568
9,712,012
10,367.829
22,080,243 20,257,212
20.727,369
3714
43
as
38%
5 p. o
5 p. e.
3 p. c.
100%
Iu21g
101»,«
40s. 3d.
40s. lid.
46s. 9u
6<1.
9 VI.
63iftd.
63a l.
10'ltd.
The Bank rate of discount and open
chief Continental cities now and for the
have been
20,471.312
lOd.
market rates at the
previous three weeks
follows:
G.
October 30.
October 28.
October 10.
Rates of
Paris
Berlin
.
Bank
Open
Bank
Open
Bank
Open
Bank
Open
Bate.
Market
Bate.
Market
Bate.
Market
Bate.
Market
2>s
3%
3%
3%
2H
3
2%
3
4
3%
3%
3%
4
Frankfort
4
Hamburg
4
4
2X
3%
814
3%
3
2%
3
4
3H
4
4
.4
4
Amsterdam
3
3
3
3
3
3%
3%
2H
Brussels
4
8H
4
3 >4
8
2H
8
Madrid
A\4
4%
4%
4%
4%
414
4H
Vienna
4
4
4
4
4
4
4
4
St. Petersburg..
0
6
0
0
0
0
0
0
Copenhagen....
4
4
4
4
4
4
4
4
4
In reference to the state of
4
the bullion
3
4%
market, Messrs.
Pixley & Abell remark:
Gold—During the week there have been almost daily withdrawals for
New York, the total so disposed of amounting to .£248,0U0, against
which tlio Bank has bought £35,000 in Australian sovereigns. The
Bank rati having this day been altered from 4 to 5 per cent, it is
improbable that more goltl will be taken, unless purchased iu the
open
The sole arrival is £9.540 from Brazil.
Silver, owing to the total cessation of business on Indian account, has
fallen away from 50^(1. (our quotation last week) to 50*4
which we
quote as this da>’s price. The only arrival has been £11,600 from New
York.
The “Nepaul” has taken £15,000 aud the “Clyde” £12 4,000 to
the East.
*
Mexican dollars arc entirely nominal, at last rates quoted. There
O. steamer sailin' this day has taken
have been no arrivals. The P.
£76,299 to China aud the Straits.
market.
Price
8.
Bur gdd, fine..
Bar gold,
Oct. 30.
Nov. 6.
of Gold.
77
oz.
are
d.
follows:
as
Nov. 0
Price of Silver.
d.
8.
Bar silver. flne..oz.
77 11
Span, doubloons.oz.
silver,containing 5 grs. gold..oz.
77 11
Cake silver
v
...oz.
The movements in the
To and
50%
54*4
50%
54%
precious metals have bean
To and
from all Countries.
GOLD.
1883.
18S2.
£
Great Britain's
A
933,002
in Oct....
13,501,505
in 10 mos.
480,3*0
in Oct....
in 10 mos. 10,031,808
Imports
Imports
Exports
Exports
*
1884.
1882.
£
£
£
552,700
0,901,100
1,110,075
010,302
7,801,444
842,372
7,070,496
020,804
7,713,385
704,238
053,083
7,041.786
829,010
8.701,008
follows:
1884.
18S3.
£
£
33,439
380,383
2.475,098
224, *00
e8\5G5
155.019
7,142,077
075,0501,030,441
07,042
1,081,0 ;4
383,063
2,407,390
2,077,287
74,002
023,923
9.721.829 7,780,807
1.551.0221
5,580,370 10,492,309
7,454,220
as
from United States.
SILVER.
The
50%
50
Mexican dols...oz.
S.Am.doubloons.oz
Exports tn 10 mos.
d.
00%
Bar
contain’g.
20 dwts. silver.oz.
Imports in Oct.. .
Imports in 10 mos.
Exports in Oct....
Oct. 30.
d.
9%
77
914
reported
155,10890
....
48,050
25.020
8,542.
exports of silver to British India were:
In October
In ten months
1832.
1SS3.
1881.
£650,550
5,286,287
£78!, 173
5,370,322
£466,4086,734,818
were received at the Bank of England on Tuesday
£1,635,000 Treasury Bills, the whole of which was allotted
three months’ bills. Tenders at £99 6d. will receive about 51
Tenders
for
in
per
cent, and above in full. The average rate was £3
per
cent.
1-ls. l;*qch
per cent loan for
Tramways
£500,000 were opened at the Commercial Bank of Australia on
Thursday. They amounted to £310,000, at prices ranging from
£100 to £103 10s.
The balance was afterwards taken at the
Tenders for the Melbourne
minimum
price.
The Board of Trade returns for
ended October 31
were
October and the 10 months
issued yesterday.
They
are
not of
an
encouraging character. The imports exhibit a considerable
diminution, owing to the comparatively restricted importations
of wheat and other cereals, and there is also a falling off in the
exports of about three quarters of a million sterling. There is
a large decrease in the exports of Colonial and foreign wool to
France, but a decided increase in those to Holland and Ger¬
many.
The following are the totals :
3 883.
1882.
1884.
in October
£34,152,015
in 10 months
341,529,992
in October
‘-0,877.713
in 10 months.... 203,012,657
£35,83 1,755
3^5,128.154
21,138,859
200,803,941
Exports of Colonial and foreign
merchandise:
£6,260,000
*56,821,000
£6,672,000
5 4,513,000
Imports
Imports
Exports
Exports
1882.
In October
In 10 months
The
following
are some
,
3883.
of the leading items
£31,007,132
325*958.226
20,414.162
197,383,259
1834.
£4.758,054
53,158,916
:
IMPORTS.
/
Ten months.
1883
1884.
uelobe-.
1881.
1883.
8 47,251
328,725
8,447.083
7,890,974
1,023,019
11,881,3 4 4
11,754,4*3
973,879
11.958.933
12
,955
3,326,636
10,955,097
56,1 16,176
7,530,022
41,525,783
850.f 97
9,542,247
1,243,442
13,7 51,610
8,521,325
12,604,616
Cotton—
From United States.cwt.
.cwt.
532,468
All quarters
WheatUnited States—
Atlantic ports
.cwfc.1,169,807
cwt.
Paciiie ports
359,392
All quarters
.cwt.6,225,903
Flour —
Un ted States
1,057,291
Alt quarters...
1,506,198
.
6'
888,045
KXPORTS TO UNITED STATUS.
3.185,100 53,586,300 47.361,000
4,3 tl,800 65,557,600 61,441,090
4 ,632,100
306,800
4,619,100
yds.4,182,700 2,145,700 30,l46,5u0 31,386,300
rotton piece goods ..yds 4,382,200
Linen piece goods., yds.6,743,300
Woolen fabrics
yds. . 353,100
Worsted fabrics
home-grown and foreign wheat, although
requirements,
with a down¬
ward tendency in quotations.
The quantity of wheat and
flour afloat to the United Kingdom, not including Baltic sup¬
plies, is reduced to 1,720,000 quarters, being about 100,000
quarters less than at this period last year. The increasing
visible supply in the United States (it being telegraphed this
morning as being 34,300,000 bushels) is undoubtedly exercising
considerable influence in depressing the trade. During the last
few days a moderate quantity of rain has fallen throughout
the country, and substantial benefits are likely to be derived,
as we have had an unusually protracted period of dry weather.
There is very little Indian corn on offer, and prices are in con¬
sequence maintained, but the quotation is still a very moderate
one.
This is due, to some extent, to the fact that there areample supplies of English and foreign barley offering at very
moderate prices.
The following return shows the extent of the sales of home¬
grown produce in the 187 principal markets of England and
Wales during the first nine weeks of the season, together with
The arrivals of
November
Interest at
quotations for bullion
The
less expensive process
[VOL. JXXIX.
less liberal, have been more than adequate to our
and the trade has in consequence remained dull,
the average
period last
prices realized, compared With the corresponding
season :
November 22,
THE
1384. |
CHRONICLE
SALES.
1883.
603,7 10
605 3 >3
143.832
1884.
Wheat
Barley
05 7,930
..qrs.
Oats
1832.
4 4 7,1 SL
3 54,378
429,291
41,213
49,926
1832.
1381.
d.
41
6
35 3
20 11
d.
4!)
5
1831.
22 1,895
AVERAGE PRICES.
1883.
1334.
«<?.
d
d.
40 11
33 11
19 1
s.
Wheat
Barley
32
Oats
19
1
3
s.
In our report of the dry goods trade will be found the im¬
ports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Nov. 18, 1884, and from January 1 to date:
EXPORTS FROM NEW YORK FOR THE
3 4 10
21
5
in
1881.
For the week...
Piev. reported..
1381.
8,792,900
8.391,850
7,751,140
The
following return shows the extent of the imports of
cereal produce into the United Kingdom during the first nine
weeks of the season, the sales of home-grown wheat, and the
average price of English wheat, and other items, compared
at the
9.503,400
The
3.2645—The
with last
12,00.-,221
4.090,314
2,170,521
2,335.075
2,011,007
1,350,286
2.383,274
112,070
132,370
254,429
Beaus
022,087
475,712
203,813
337,142
Indian corn
3.525,8.-5
5,794,931
2,700,510
5,£84.991
Flour...'.
2.062,821
2,047,071
2,510,314
2,088,727
Supplies of wheat and flour available for consumption in nine weeks
(stocks Sept. 1 not being included) as follows:
Oats
Peas
Imports of wheat, cwt.11.051,188
Imports of flour
2,002,821
of
1882.
1883.
1834.
15,93 5,389
12,000.221
2,510,314
2,083.727
8.792,900
7,751,140
7,441,000
home-grown
produce
24,703,918
20,202,873
21,539,948
32s. lid.
40s. lid.
41s. Od.
49s. 5d.
Visible supply of wheat
in the U. S
bush.31,300.000
Afloat to U. K
qrs. 1,720,000
39,025.000
14.300.000
20,500,000
1,820,000
1,805,000
2.38 1,000
Total
23.217.7e9
Av’ge price of English
wheat
for
season, qrs.
18uglisdi
by cable
as
securities, &e., at London,
at Liverpool, are reported
follows for the week ending Nov. 21 :
I
London.
Mon.
Sal
Silver, per oz
d.\ 49U1G 490 bo
Consols formoney
<100% I10r%
Consols for account
lv 0%
100%
Fr’ch rentes (in Paris) fr 7“-45
78-42*2
116
U. 8. 4%sof 1891
T1 <5
U. 8. 4s of 1907
12.5*8
12533
45
Canadian Pacific
4.5%
Cldc. Mil. & 8t. Paul....
7^
76%
133s
Erie, common stock
1358
119
Illinois Central
120%
52 >2
Pennsylvania
.... j
53
11
Philadelphia & Reading1 11 %
New York Central
%
91 Hi
89 *2
Sat.
Mon.
Liverpool.
s.
State).100 lb.j 10
Wheat, No. 1, -w'n. “
i 6
Spring, No. 2, u. “
! 6
Winter, South, n li
i 9
Winter, West., u
“
i 6
Cal., No. 1
“
I 6
Cal., No. 2
“
j 6
Corn, mix., old... **
I ft
ft
(Jorn, mix., new..
“
Pork, West. mess.. $ bbi 66
Bacon, long clear
j 46
Beef, pr. mess, new.^ to 51
Lard, prime West. $ cwt! 38
Cheese. Am. choice— .! 62
Flour (ex.
d.
9
8
10
6
6
6
8
9
6
7
s.
6
8
7
i 6
0*2
5
O
I
5
66
46
81
33
02
d.
9
3
i
4911
0
0
>4
;
50*4
116
11 6
116*4
116*4
123%
123%
125*4
125%
45%
45%
16
46
77%
79%
13*o
120
77*4
13%
119%
62%
52 %
1144
1 91*8
11%
90*4
119*4
52%
11%
91%
Wed.
Thurs.
Tnes.
National Banks.—The
52*4
Months.
9
H
6
6
6
6
6
3
6
6
5
5
3
0
8
6
8
6
3
5
0%
5
0
66
0
41
0
3
0
8L
33
62
3%
0
April
May
Juno
July
August
September..
b:y goods
Gen’I mer’dise..
Total
Since Jan. 1.
goods
£ry
Gen’l
mer’dise..
Total 46
following national banks have lately
1883.
$1,880,701
7,780,141
$1,818,996
8.362,754
$1,087,271
4,911,683
$8,645,759
$9,660,842
$10,131,750
$5,928,954
296,779,019
$191,500 f 12,0" 4,999
$77,565
$3,275,908
91,048
332,844
5,357,123
2,554,939
19,356,127
9,852,604
1833.
.
273,451,093
$445,199,894 $103,209,930 $377,383,856
General
Dry
Total.
Merchan¬
$
20,398,814
28,175.200
EXPORTS FROM NEW
»
1
39,997.704
39,573,030
42,713,489
35,557,938
38,471,229
34,3^2,138
38,(73,500,
33,048,189
33,742.080
32,827,582
$
41,200,612
20,749,010 40,479,727
29,854,387 42,182,701
29,112,398 37,090.434
29,213,437 80,039,700
30,111,095 43,078,581
25,207,518 38,912,815
30,925,000 42,445,019
24,302,720 33.UH .590
29,823,978 40,024,951
YORK.
397,2x0,889
CUSTOMS RECEIPTS.
At New York.
Months.
1884.
1883.
$
26,792,735
28,891.932
April
May
June
29.404,029
July
August
September
31.238,112
28,957,053
29,229,557
29,855.052
October
$
27,915,300
Total Merchandise.
23,534,80)
23,097(998
23,835,838
24,003,209
March
*
13,345,312
13,730.717
12,328,374
7,948,030
7,429,303
0,963,880
13,045,297
11,520,043
10,798,870
10,198.973
308,720,SS2‘, )l07,900,411 >289,310,475
Months.
January
Total.
Merchan¬
Goods.
dise.
207,287,945
Total
9,840,822
9,299,287
9,433,248
13,108,3:48
*
12,574,838
12,191,003
12,438,301
9,194,388
8,148,813
13,024,334
14,021,008
*
$
28,420,360
32,094,094
28,101,404
27,237,003
27,857.611
28,805,455
34,417,712
27,018,151
29.197,105
18S3.
1884.
January
February
11,702,029
12,004,811
11,430,780
March
April
May
Juno
July
August
September
......
October
270,091,153292,648,147
12,825,190
13,288,893
11,987,908
12,044,780
10,302.133
11,009,091
....
112.142,618 119,736,857
Total.-.
U. S. Sub-Treasury.—The following table shows the receipts
and payments at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week :
Balance s.
Receipts.
4
1,220,753 0ft
2,533,623 2 >
1,600.242 70 125,895,069 72
1.459.813 11 125,491,747 87
878.514 Oft
1.178,628 38 125,146.44ft 57
1,424.570 32 124,900,176 62
2'».
897,301 36
“
21.
1,459,001 70
Total...
8.121,016 61
Includes
Coin.
$
$
1,037,097 73 125,951,920 93
“
★
Payments.
1,121.832 30
$
Nov. 1ft.
“
17.
“
18.
“
10.
$101,569,011 $119,358,080 $111,430,911 $103,937,763
325,341,814
1,883,791
263.342
63,315
Total.... 101.438.937
1884.
$1,873,709
6,772,050
290,079,148
83,992
3,431
17,500
20,072,436
Date.
FOREIGN IMPORTS AT NEW YORK.
1882.
68.084
,
imports of last
the imports at New York for the week ending
1381.
500
755,140
February
weeks. $391,648,189
6
October....
0
0
3
0
(for dry goods) Nov. 13 and for the week ending (for general
merchandise) Nov. 14; also totals since the beginning of the
first week in January:
For Week.
1,015,242
General
Dry
]
Exports for the Week,—The
56,031
11,397,824
11,319,423 31,394,001
9.798,203 25,759,735
5,754,403 32,710,823
0,310,040 28,012,098
12,493,703 25,979,743
11,945,201 21,102,928
12,005,979 21,070,101
March
66
43
81
38
| 62
59,641
20“',817
30,750
54,400
$
February..
0
0
1,000
13,598,890
9
0
8 43
40 590
168.745
January....
d.
66
4 >
81
33
62
$2,285
$
8 44,J48
dise.
s.
,6»
41
81
38
62
537,958,086 $2,603,947 $18,166,742
915.116
578 693
13.53S.702
123,817
33,829 854
2,917,090
$193,000 $10,621,272
Goods.
10
6
6
9
6
6
6
week, compared with those of the preceding week, show
a decrease in both dry goods and in general
merchandise.
The total imports were $5,998,954 against $8,030,061, the pre¬
ceding week and $8,114,339 two weeks previous. The exports
for the week ended Nov. 18 amounted to $7,085,519, against
$5,543,248 last week and $0,778,244 two weeks previous. The
are
2,600
Fri.
First National Bank of Ovid, Mich. Capital, $50,000. No
President; Horace N. Keyes, Cashier.
Fiist National Bank of Harper. Kansas. Capital. $50,000.
Louis Walton, President ; George D. Thompson. Cashier.
following
$6.000!
1SS4.
89%
d.
9
8
6 6
9
8
6
6
6
3
6
5
4
771,104
IMPORTS INTO NEW YORK.
8.
5
5
....
our New York Custom House.
the total imports of merchandise.
by
10
6
5
11,114
give the following figures for the full months, also issued
The first statement covers
we
9
C%
302,843
30,136
•
d.
5
796,554
Foreign Trade of New York—Monthly Statement.—In
addition to the foregoing tables, made up from weekly returns,
s.
5
18,975
7,800
6,000
imports for the week in 1884, $92,368 were
gold coin and $33,494 American silver coin. Of the
exports during the same time, $0,000 were American gold
coin and $1,500 American silver coin.
10
6
6
9
5
0%
5
0
0
0
3
0
$6,865,858
2,677,973
3 995,734
4,283,034
the above
9
8
6
8
6
3
5
383 4,458
237,390
1,438.750
79,374
American
d.
K
1,660,420
3,888,014
-
,
Total 1884
Total 1883.
Total 1882
s.
6
^
Since Jan. 1.
Week.
113
been organized:
and
-
itain
France
German
West Indies
Mexico
South America
All other countries...
Commercial and i^XisccUaueons Items
Imports
4,352,82 1
77 %
1 3%
13%
$26,481,370
Twtal 1884
Total 18S3
Total 1882
10
6
6
0*2
3*2
0
50
49 %
Fri.
100i3lft 100%
1001% 100%
78
"7 5. !78*77ks
178-72 *2
73-45
1
7
0
u.
Thars. I
10()15lft’ 10058
ioljjb iioo%
7
0
Wed.
Tices.
$
West Indies
Mexico
South America
All other countries...
Of
Imports.
Since Jan. 1.
Germany
Market Iteports— Per Cable.
The daily closing quotations for
and for breadstutTs and provisions
314.935,325 $286,223,507
Exports.
Great t>i
9,503,400
$7,035,519
279,137.988
Week.
Great Britain
France
1881.
13,203.947
2,017,071
?
6,639.636
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
1881.
15,935,389
4,150,025
2,024.223
332,911
Barley
1882.
13 2(53,917
3
308,296,189
since
1883 and 1882:
Qold.
1883.
$=',109,476
297,190,377
1884.
following table shows the exports and imports of specie
port of New York for the week ending Nov. 15, and
January 1, 1884, and for the corresponding periods in
IMPORTS.
1884.
cwt. 11.051.438
1883.
336,803,677 $305,299,853
season:
Wheat
(Sales
$6,286,799
330,516,378
Total 46 weeks. 5
1882.
cwt.
1882.
■
1883.
Wheat
WEEK.
s.
Converting quarters of wheat into cwts., the total sales
the whole kingdom are estimated as follows:
1884.
573
593,35885
7,291,611
125,685,418 00
is!
$1,000,009 notes received from Washington.
Currency.
$
8,685,678 13
8,37 2 039 65
0,8 49,171 64
0,894,300 51
9,523,480 60
9,694,781 98
Ljf?
THE CHRONICLE
574
[VOL. XXXIX
i nr
City Debts in New York State.—The effect of the debtlimiting amendment to the State Constitution is already a
practical question in New Ycrk City. The amendment pro¬
vides that all cities exceeding 100.000 inhabitants shall not
incur debt exceeding 10 per cent of the assessed valuation of
the taxable real estate, and where present indebtedness ex¬
ceeds 10 per cent no further debt-making is to be allowed
until existing debt is brought within the 10 per cent limit.
It
appears that 10 per cent of New York’s real estate valuation
is some $111,000,000.
Exclusive of revenue bonds and inclu¬
sive of bonds held in the so-called sinking fund, the total city
debt is now $125,000,000. Of this amount the Commissioners
of the Sinking Fund hold some $05,000,000. The situation is
thus defined by Mayor Edson in a letter to the Corporation
Counsel: “If the bonds held by the Commissioners of the
Sinking Fund are to be considered ‘ indebtedness ’ of the city
within the meaning of the amendment, the limit lias been
exceeded, and the city will not be allowed to become indebted
in any further amount until the existing debt shall have been
reduced within the limit.”—Bradstreets.
Wabash St. Louis & Pacific.—The receivers have applied for
to Indianapolis
pay the interest
bondsBondholders
Sermission
certainCity.
of the leasedof
between
and on
Michigan
ne
the middle division of the
—Attention is called to the dividend notice of the Consolidated
Gas Company of Baltimore, in the advertising columns of the
Chronicle (6th page). The dividend payable Dec. 15 is 4 per
cent and holders of Peoples’Gas Co. stock, or Consumers’
Mutual Gaslight stock should have their certificates exchanged
for Consolidated stock, in order to receive this dividend.
—The Ontario Silver
Mining Co. of Utah announces its 101st
dividend—$75,000 for October—payable at company’s office,
San Francisco, or at the transfer agency of Messrs. Lounsbery &Co., 15 Broad St., on the 29th inst. Transfers close
on the 24th.
Total dividends to date $5,975,000.
Auction Sales.—The following, seldom or never sold at the
Stock Exchange, were sold at auction this week by Messrs.
Adrian II. Muller & Son:
Shares.
Second av. RR. Co
176%
Third av. HR. Co....300-202
EPhlvn City RR.Co.215%-217
Manhattan Gas Li’tCo.269
Harlem Gas Light Co..ll4
N. Y. Gas Light Co.... 1^8%
Penn’aCoal Co
*240
1 Now York Soc’y Llbr’y.^lG
20 Metropo . (InsLi’tCo. .238%
70 Oriental Bank
11 4%
ISO Broadway Bank
252%
14 Merchants’ Bank
125
250 Mexican Nat. RR. Co.$l <$sli.
50 Gaini sCoaIACokeCo.$5rt;l.?h.
50 Addison A North Pcun.
Railway Co
$5$si).
200 Hudson Tunnel
Conetruction Co
$3%$sl).
100 Fquitab c Gas Light Co
30 N.Y. Mutual Gas L’tCo.120%
10 Bank of b-cw York Nat.
101
Uauking Assoc’u
20 Penna. Coal Co
250*4
40 North Rvr. Firo Ins Co.103%
1ft Pnlliuan Palace Car Co. 1 to
50 Tradesmen’s Naf.B’k.98*4-93
50 Standard Fire Ins. Co.. 94
Bonds.
$3,000 Nassau Gas Light Co.
$5,000
Bonds.
Second av. RR. Co. 7s
Ronds, due 1888
105%
$20,000 WilJiawslmrgh
(las
Ft Co. lstGs...lOl%-105
$7,500 Metropolitan Gas L’t
$3,003
$3,000
$2,000
Co. 1st Gh
til
Central RR. & * nlrg.
Co.ot Georgia 7s gen.
mint, tripartiteb’us,
duo 1893
11 1%
(’lev. & Tol. RR. 7s
due I8SG
101*4
Buffalo & Erie RR.
118r*8
7s, due 189s
$10,000 Jersey City 7s, due
ll>()5
10G A int.
$12,000 Ohio Central RR. Co.
1 at 0s..old, due 1920,
Jan. coupon on
50%
$25,000 Mexican Nat RR. Co.
1st Gs, due 1911.... 18%
$2,000 Gaines Coal A Coke
Co. 1st Gs, due 1913 41
$8,000 Addison A No. Penn.
RR.Co. lst.due 1913 31
$20,000 S ate of Minnesota
4% p.c.. due 1912
.104*4
$9,500 City of Montgomery,
AJa.,coup.,due 1907.
of
until Jan.
1,1887, and 5 per ct.
tlierealter
63*2
Light
Jersey City A Hoboken..
Manhattan.
Metropolitan
Bonds.
25
20
1,000
60
20
50
100
1,000
Mutual (N. Y.)
People’s (Bklyn.)
100
1 000
25
Var’s
100
10
Williamsburg
Var’s
50
Bonds
Nassau (Bklyn.)
Scrip
New York
Bonds
Bonds
1.000
Bonds
1,000
Metropolitan (Bklyn.)...
Municipal
Bonds
Amount.
Period
2,000,000 Var’s
Bonds
Eanlt.nbh*
Bonds.
1
Rate
5
3
1,200,000 Var’s
259,000 A. AO. 3%
2,000,000 F. A A 3
756,000 J. A J. 7%
Var’s
F. A A.
F. A A.
Quar.
M.AN.
Var’s
M.AN.
M.AN.
J. A J.
400,000 M.AN.
1 O'>.000 J. A J.
4,000,000
2,500,000
700,000
3,500,00ft
1,500.000
1,000.000
700,000
4,000.000
1.000,000
1,000.000 Quar.
1,000,000 A. AO.
1,000,000
•
.......
loo
3.000.000 Var’s
750.000 M.AN.
100 3.000.000
300.000 J. A J.
ion 2.000.000
1.000 1,000.000 A. AO.
1,00)
Fulton Municipal
100
14%
Income
Boston A Maine—7s
Boston A Albany—7s
6s
Boston A Lowell—7s
6s
Boston A Providence—7s
Burl. & Mo.—Ld. gr., 7s.
....
5
5
3
N’r 10,’ 84
July), 84
Sg F., 99
Aug. 1. 84
July 1, 8i
Oct. 3, 84
Oct.14, ’84
1901
2% Oct, 10. 84
3
2
1902
sept. l. 84
2% Ndv.l,
5
Nov. 1,
3
J une 2,
3% Nov. 1,
3
Oct. 1,
2% Oct, 20
3
3
5
a8
107
1.5
125
26 i
230
107
120
104
1)3
88
155
83
106
07
84
84
84
84
84
84 13.8
1900
Jn
12
106
90
Oc.3. 84 205
1XXS
106
3%
3
Oct. 15, ’84 162
6
1900
107
90
G
1900
102
ly 1, 8t
—
74
15
Ask.
129
8)
110
120
130
270
235
123
106
115
90
158
85
110
100
142
110
94
>10
108
15.5
110
93
105
iBnff.Pitts.A W.—Gen.,6s
Cam. A Ambov—6a, c.,’89
I Mort„ 6a, 1889
106
107
Atl.—1st,78,g.,’93 § il5
ii6**
lift
10i % 105
82
...
Cons., 6 p. c.
Cam. A Burl. Co.-6s.'97.
Catawissa—1st, 78, con. c.
Chat. M., 103,1888
New 7s, reg. A coup—
|Oonn«ct’g 6s, cp., 1900-04
Cor.CowauA Aitt.,deb.6s,
§108
35 %
Mexican Central—7s
Income
Scrip
35%
8%
77 8)
; ' 1 .Hi
England—6s..
------
62
ItliacaAAth.—1st, gld.,7s
Leh.V—lst.Gs,C.AR.,’98 122%
133
77%
2d, 7s, reg., 1910
123
Cons. 6s, U.A R., 1923..
lt'0%'101
N. O. Pac.—1st, 6s, 1920. §
§88
No. Penn.—lst.Gs,cp.,’85 102%
7s
110
119
117
Delaware-6s, rg.A cp.,V
jDel A Bonnd Br —lst,7s §117
East Penn.—1st, 7s, 1888 106
East’rn, Mass.—6s, new.. 115%
EaatonAArab’y—5a, 1920 103%
116
Fort Scott A Gulf—7s
El A Wmsp’tr-] st.Ga, 1910 113
108
-K. City Lawr. A So,—6s..
5a, perpetual
117
K. City St. Jo. A C. B.—7s
Harrisb’g—1st, 6s, 1883..
96
Little It. & Ft. f3.—7s, 1st
H AB.T —1st, 7a, g., 1890 112
--09 %
K. City Sp’d A Mem.—Gs
Cons. 5s, 1895
58%
....
119
2d, 7s, cp. 1896
Gen., 7 s, 1903
Debenture 6s, reg
1 ncoine
Old Colony—7s
6s
Pueblo A Ark.
--
116
Val.—7s.
Rutland—6s, 1st
'
Sonora—7 s
§
§
....
98
94
STOCKS.
,120%
123%
§..05
Norfolk A West.—Gen..6s
N. R. Div., 1st, 68.1932
Oil City A Chic.—1st, 6a..
Oil Cre'ek—1st, 6s, coup..
90
§
122
Peunsylv.—Gen., 6s, reg.
*72% 72 7e
Atchison A Topeka
Gen 6s, cp., 1910
7
67h
Atlantic A Pacific
Cons., 6s, reg., 1905
167
167%
Boston & Albany
Cons., Gs, coup., 1905...
98
§
Boston & Lowell
Cons 5s, reg., 1919
161
162
Boston A Maine
Pa. A N. Y. C.—7a, 1896.
Boston A Providence.... *163
7,1906
Too
Boston Kevero B. A Lynn
Perkiomen—1 st, 63,cp.’87
74
Cambrid.e
Phil AErie—2d.7s,cp.,’88
66
Cheshire, preferred
Cons., 6s, 1920
39
Cliic. A West Michigan.. §
Cons., 5s, 1920
12
13
Clnu. Sandusky A Clevo.
Phila. Newt. A N.Y.—1 si
'
§102
Concord
Phil. A It.—1 st,6s, 1910..
,
120
118
106
.,
122
128
99
110% 110%
.....
63
§
§
--
1
Connotton Valley
Det. Lansing A No.,
’60
pref. §
Eastern, Mass
Fiicli burg
Flint A Pero Marquette.
41%
110%
164
80
•75
108
42
15
86
87 %
Preferred
80
Fort Scott A Gulf
130
§
Preferred..'-.
83
Iowa Falls A Sioux City.
37%
Kan. C. Springf. A Mem.
20
Little Rock A Ft. smith.
23
§20
Louisiana A Mo. River..
55
§
Prolerred
95
§ SO
Manchester A Lawrence.
Marq. Hough t’n A Onton. 1
14
!
§10
*78
8
*144
GO
8%
Mexican Central
Nashua A Lowell
10
9‘«
N. Y. A Now England ...
118
Northern of N. Hampsh. § 116
Norwich A Worcester...
143*' 143%
Old Colony
Portland Saco A Portsm.
......
*
1*7 *
Rutland—Preferred
Summit Branch
Vermont A Mass
Worcester A Nashua
Wisconsin Central
Preferred
18“
127%
62
97s
218
1*11 Hi A DELPHI A.
railroad stocks.t
Allegheny Valley
Ashtabula A Pittsburg..
Prolerred
Bell’s Gap
Buffalo N.Y. A Phil
Preferred
Camden A Atlantic
Preferred
Caiawissa
Gen’IOs, 1921
income, 6s, 1923
Income, 5s, 1914
45
52
§20
24
37
94*
§15
...
Snnbury A Erie—1st, 7s.
llaz. A W.—1st, 5s
2d, 6s, 1938
Syr.Gen.A Corn.—1 st. 7s.
Tex. A Pac.—1st. Gs,19(J5
Consol., 6s. 19U5
Union A Titusv.—1st, 7s.
United N. J.—Cons.6s,’94
Cons. 6s, gold, 1901
ConS. 6s, gold, 1908
Gen., 4s, old,. 1923
Warren A F.—1st, 7s, ’96
West Chester—Cons. 7s..
96
70
Sunb.
66
102* 1*05*
§76
100
113%
Jersey—1st,6s,cp.,’96 113%
1st, 7s, 1899
Cous. 6s, 1909
§15
....
O-i
49 H,
120
60 Hi
Preferred
Little Schuylkill
Minehill A Sch. Haven...
North
Pennsylvania
Pennsylvania
,
68%
49%
i'05*
§Ti%
194
2d. 6s, 1885
3d, 6s. 1887
Bell’s Gap—1st, 7s, 1893.
1st. c'b, 190;,.., ..u
Consol., bs, 1913..
Buff. N.Y.A Phil.—lst.Gs
2d, 7s. 1UOH
112
82
Iu4
105
78
Central Ohio—Com
Prof
69%
176
118
60
50
60
Atlanta A Chari.—1st....
Inc
Balt.AOhio—6s,,’85 A. AO
Cen. Ohio.—6s, 1st,M.AS.
Chari. Col. A Aug.—1st..
2d
Cin. Wash. A Balt.—lets.
...
.
Ashtat). A Pittfb.—l^t,6s
1st, 6s. reg., 1908
Belvid’o Del.—1st,6s.1902
1st pref
2(ls
3ds
ColumbiaA Greenv.—lets
RAILROAD BUNDS.
Allegh. Val.—7 3-10s, ’96
7s, E. ext., 1910
Inc. 7s. end., coup., ’94
RAfLR’D STOCKS. Par
Atlauta A Charlotte....
Baltimore A Ohio
100
6.% Western Maryland....50
13
RAILROAD BONDS.
11%
71
104%
114
BALTIMORE.
pref
Parkersburg Br
02
Pennsylvania
Schuylkill Nav.. pref...
Lehigh Nav.—6s,reg.,’84.
Mort. RR., reg.. 1897 ..
Cons., 7s, reg., 1911
Peunsylv.—6s, cp., 1910..
Schuylk. Nav.—ist,6s,rg.
2d, 6s, reg., 1907
2d
55
41%
Lehigh Navigation
Gen., 7s, coup.. 1901
CANAL BONDS.
Ches. A Del.—1st, 68,1886
60 H.
53
*b*i*
Phila. Ger. A Norristown
Phila. Newtown A N.Y-..
Phila. A Reading
Phila. Wilm. A Balt
Pittsb.Cin.A St. L.—Com.
United N. J. Companies..
Westchester—Cons. pref.
West J ersey
West Jersey A Atlantic..
CANAL STOCKS.
t
70% 70%
Phil. Wil.A Balt.—4s,tr.ct
Pitts.Cin.A St.L.—7s, reg
Pitts. Titus. A B.—7s,cp.
HiamokinV. A Potts.—7s
alien. Val.—1st. 7a, 1909
W.
Pennsylvania
Ex-dividend.
2d, 7s, coup., 1893
Cons., 7s, reg., i911
Cons., 7s, coup., 1911..
Cons., 6s, g., 1.R.C.1911
Imp., 6s, g., coup., 1897
Gen., Gs, g., coup., 1908
Gen., 7s, coup., 1908
Income, 7s, coup., 1890
Cons. 5s, 1 st ser., c., 1922
Cous. 5s, 2d ser..e., 1933
Conv. Adj. Scrip, ’85-88
Debenture coup., 1893J
Scrip, 1882
Conv., 7s, It. C., 1893..4
Conv. 7s, cp.off, Jan.,’85
105
Penn.—6s,coup.1 106%
107
6s, P. B., 1896
Lehigh Valley
*
„
117
113%
117%
117%
107
Western
§
1st preferred
§
2d preferred
Dolaware A Bound Brook
East
.
103
W.JerseyAAtl.—1st,6s,C.
Norfolk A West’n—Com.
Preferred.
Northern Central
Bid.
^uff.
N.Y. A I\—(Cont.)—
I (Jolla. Os, 19-1
ii8% I i st, Tr. 6s, 1922
Conn. A. Passumpsic—7s.
Concotton V7alley— 6s —
5s
N. 5. A N.
Ask
2d, 6s, 1904.
Nebraska, 6s. Exempt
Nebraska, Gs.Non-ex’pt
Nebraska, 4s
Philadelphia A Erie
Date.
*
Bid.
SECURITIES.
Cam. A
Nesqnehoning Valley....
[Gas Quotations by Geo. H. Pkentiss A Co., Brokers, 49 Wall Street.]
Citizens’ Gas-L. (Bklyn).
Bonds
Harlem
...
Preferied
City Railroad Stocks and Bonds.
Par.
129
Atcb. A Topeka—1st, 7s.
Land grant, 7s
113
Atlautic & Puciiic—6s
§
Ask.
Huntingd’n A Broad Top
New York Local Securities.
GAB COMPANIES.
BOSTON,
Elmira A Williamsport..
Preferred
4 per cent
li’k'ynCerts
87%
$5,000 Foutli Side RR. Co. of
1a ng Island 1st 7s.. 104
Gas and
Bid.
SECb ItITIES.
Indianapolis Peru & Chicago road,
operated by Wabash, have applied for the appointment of a
receiver. They have received no interest for nearly a year,
and in January the lessee will owe them $205,000.
At St. Louis, Nov. 17, Judge Treat refused to grant the
application for the appointment of additional Wabash receiv¬
ers asked for by the Central Trust Company in the case now
pending in the United States Circuit Court. Judge Treat said
that the present receivers could protect the interests of all
parties.
250
100
OOO
220
105
200
250
Quotations In Boston, Philadelphia and Baltimore.
2ds
Nd.C'entral—6s, ’85, J.AJ.
10%
6s, 1900, A. A O
6s, gold. 1900. J.AJ
5s, Series A
5s, Series B
Pittsb.ACon’ells.—7sJAJ
Union RR.-rlst, gua.JAJ
124
»
50
12%
107
107%
85
101
106%
1*07*'
105
85
105%
95%
61%
29
94
54
102
63
30
95%
58
102%
115.
101
101%
10C% 101
121
120
Caniou endorsed
121
102
102%
Per sh.ire.
Virginia A Tenn.—5s
8S.
W. Md.—6s, 1st, g., J.AJ.
2d, guar., J.AJ
2d, guar, byW.Co.,J.AJ.
6s, 3d, guar.. J. A J
\\ iltu. c A A ig.—6s
Wil.A Weiuou—(tnlil.?**
t In default.
120% 122
108
10>
107%
107
109% 112
117
§ Laatpriuo this week.
November 22,
THE
1884.]
CHRONICLE.
4
'^be jankers’ (iazetle.
Whcn
B >oks Closed
Cent.
Payable.
(Days inc. usiv )
1%
1%
..
Tlie
Dec.
Nov.
Dec.
2
1
18
1
FRIDAY. NOV. 21, 1SS4-5 P. M.
tion and hung as a cloud over the markets for ten
ward, the commission stock brokers
business.
buying
could
It is
or
undeniable, however, that
selling stocks have not been
easily be handled without
The continuation of the
the
trunk
market;
this
lines
and
war
and
war
any
on
as
all
ready for
yet the orders for
heavy but that they
increase of office force.
it
could
other
every
be
positively
asserted
that
disagreement
between
rail¬
throughout the country would be settled
months, there would be
accession of confidence that stocks would in all prob¬
ability advance materially,
of valuations.
on
the basis of
higher standard
a
It is preposterous to
expect high rates of
freight while produce and other merchandise are at their
present low prices; but
a
fair rate, such
as
bushel) on wheat by rail from Chicago to
York, ought to be established and maintained. It is
time
for
railroads
the
to maintain fair
to
stop their
quarrelling
and
prices, in the interests of their stock and bond
holders; and if the full truth could be obtained it might appear
that half of the ruinous cutting is brought about by deliberate
plots to depress the prices of stocks
purposes.
It is
so
in the long
November 21.
or
bonds for speculative
palpable, indeed, that
no
fine
ever
makes
Sixty Days Demand.
Prime
bankers'sterling bills on London
Prime commercial
Documentary commercial
Paris (francs)
Amsterdam (guilders)
Frankfort or Bremen (reichmarks)
4
4
4
5
82
79 Lq
79
4 86
213Q
5
39
78
943g
217e
4010
95
Uoins.—The following are quotations in gold for various
coins
S
>
>verelgns
NUpoleons
X X Reichmarks.
$4 83kj®$4 87hs
3 85 to 3 Hi) *2
4 74
X Guilders
3
S >an’k Doubloons. 15
M ax. Doubloons.. 15
F oe silver bars
1
Fine gold bars....
D tiiea k i* dimes. —
..
96
55
55
© 4 78
^ 4 00
® 15 65
"a 15 6 5
1 09^4
para 14 prtiu.
99 ^ d> par
Silver 14s and h»s
J—
Five francs
f—
Mexican dollars.. —
Do uncoinmerc’l. —
Peru viansole8.... —
English silver.... 4
U. S. trade dollars
U. 8. silver dollars
—
—
99
par.
92 n,®
85 ha v
—
941*
—
8t>%
*4*4*
—
86
78 '($
78
w
8 5 hj ®
—
993*®
4 84
—
par.
United States Bonds.—The business in government bonds
the past week has been very small and the market is without
features of interest. Prices have been firm and close
higher than last Friday.
The closing prices at the N. Y. Board have been
Interest
Periods.
25 cents per 100
lbs. (15 cents per
New
94)4@94% and 94^@95; guilders, 39%
\'i discount, selling }ft discount @ par; Charleston buying
i^@»3-16 premium, selling par @ 1-16 premium; Boston 10@
20 premium; New Orleans commercial, 50
discount; bank,
100 premium ; St. Louis. 75 premium ; Chicago, 60
premium.
The posted rates of leading bankers are as follows :
so
passenger rates between
next week, and remain settled for six
an
now
days after¬
perpetuates the unsettled feeling of the
if
road managers
such
are
Commercial bills were 4 7934@
Francs, 5 25@5 25% and 5 21^
following were the rates of domestic exchange on New
York at the under-mentioned cities to-day:
Savannah, buying
Money Market and Financial Situation.—Passing on
the uncertainty which environed the Presidential elec¬
from
were :
The
Per
Railroads.
Chicago Bun. & Quincy (quar.)..
Delav arn & B-miitl Brook (qmr.).
Iowa Foils & Sioux City (quar.)
NEW YORK,
and 40.
recently been announced
Name of Company.
Cables, 4 85^(3)4 86.
Continental bills
@5 22)4; reichmarks,
DIVIDENDS.
The followin'? dividends have
8534.
4 80.
575
4hjs, 1831
Nov.
Nov.
L5.
17.
.-M ar. -112%
reg
.-Mar. *113%
coup
reg (^.-Jan. *12150
ooup vj.-Jan. *12150
*
10012
reg. Q.-Feb.
*126
reg 1. &
*127
Gi.our'cy, ’96—reg j. &
j. &
*131
6i,cur'cy, '97
reg.jJ.
*132
Gi.our'cy, '98
reg. J. &
63,our'oy. '99.. .reir. J. &
*133
44)3,1891
4s, 1907
4s, 1907
33, option U. 8
6qcur’oy, ’95
*
Nov.
18
Nov.
19.
as
follows:
Nov.
20.
Nov.
21.
*
1 1 2 34 *112% *1 ’ 2% *113
*11314
*113% 'L 1334 *113% *114
1141*
*l215g *12150 121% 122
12216
12150 *12150 *121^2 *12158 122
A
*1 0% *101
lO'.Sg 101
IOII4
'
*126
*127
*131
*132
*133
*126
*127
*131
*132
*
133
*126
*127
*131
*132
*133
This is the price bid at the morning board; no sale
*126
*127
*131
*132
*133
*128
*130
*131
*133
*134
was made.
State and Railroad Bonds.—There have been no transac¬
tions in State bonds at the Stock Board the past week.
by cutting rates (since the reduction is
The market for ra lroad bonds has shown some improve¬
immediately followed by its rivals), that the conclusion seems ment, and prices for investment bonds have generally been
indisputable that such methods are too often either the result strong, the transactions being pretty well distributed. Erie
2ds have been rather more active, and West Shore 53 only
of bad management or bad purposes.
Rates for call loans during the week on stock and bond col¬ moderately dealt in, at or about 40, which seems to be the
present limit for these bonds. Texas Pacific Rios have been active
laterals have ranged at )£ to 1 }4 per cent and to-day at the
and very strong, closing to-day at 5134, against 45 last week.
same figures.
Prime commercial paper is quoted at 4)£@ 5)^ Erie 2ds close at
51)4> the same as last Friday; West Shore 5s at
per cent.
The Bank of England weekly statement on Thursday showed 40)#, against 40%; Texas Pacific incomes at 38, against 36 bid;
East Tennessee 5s at 53)q, against 54)4: do. incomes at 13)£,
a gain in specie of £434,000, and the
percentage of reserve to
against 12)4; Kansas Pacific 1st consolidated at 11)4’ against
liabilities was 38 3-16, against 35^ last week
the dis¬
90; Oregon Short Line 6s at 87%* against 87; Atlantic & Pacific
count rate remains at 5 per cent.
The Bank of France lost 1st 6s at
77)4, against 75)4; <io. incomes at 16, against 15.
$,175,000 francs in gold and gained 1,975,000 francs in silver.
Railroad and Miscellaneous Stocks.—The stock market
The New York Clearing House banks, in their statement of
opened
on Saturday, Nov. 15th, with a weak tone, and prices
Nov. 15, showed an increase in surplus reserve of $3,289,050,
declined
steadily all day ; on Monday, however, some strength
the surplus being $37,474,525 against $34,185,475 the
previous
was developed, and the market generally advanced, led
by
week.
Lackawanna;
since
then
the
tone
has
been
variable
with
spurts
The following table shows the changes from the
previous
of strength in one stock and another up to Thursday, when, in
week and a comparison with the two
preceding years in the
the early dealings, considerable animation was shown, prices
averages of the New York Clearing House banks.
advancing quite sharply, led by Northwest & St. Paul. In
1884.
1883.
Dxffer'ncts fr'm
1882.
the afternoon, however, this was reversed and prices became
Nov. 15.
Previous Week.
Nov. 17.
Nov. 18.
money
run
J
Loans and dis. $201,550,400 Inc .$1,262,500 $323,620,300 $314,026,501
82,354,600 Inc. 2,187,8)0
55.926.500
Specie
50,985.400
Circulation...
12,211,500 Dec.
558,700
15,447,1 V
18,665,700
Net deposits.. 3.'5.356.700 Tnc. 8.272.600 315.021,700 284.594.300
Legal tenders.
36,159,100 (uc. 3,169,400
26,502,100
19,284,500
Legal reserve $81,339,175 Inc .$2,068,150 $78,755,425 $71,148,575
Reserve held. 118,813,700 Tnc. 5,357,200
82.428,600
70,269,900
•urplua
$37,474, "25
Tnc. $3,289,050
$3,673,175
Exchange.—Sterling exchange has been
df. $878,675
weak.
Western Union and Union Pacific have been
conspicuous
exceptions to this strength, having been weak and drooping
most of the time, under bear pressure, assisted by reports of
free selling in the Gould interest.
Rock Island has been prominent, and on large sales of this
stock the price broke to 108)4. closing to-day at 109.
Nothing new of importance has been developed to affect
stock prices, and the market is still governed principally by
the passenger rate war between New York Central & West
Shore and the fears of further cutting iu passenger and freight
very dull and with¬
important feature. The demand has been limited,
hut commercial bills being in small supply, rates have been
firm, some drawers advancing their posted rates )£c. early in
the week, and others followed on
Thursday, and to-day another rates.
advance of %c. was made. The higher rates for money in
To-day, Friday, the tone continued weak in the morning;
London are necessarily felt in our rates of exchange.
particularly on Lake Shore, but in the afternoon there was
To-day iue rates on actual business were as follows, viz.: more firmness, particularly in Northwest and St. Paul, and
Bankers’ 60 days sterling. 4 81)^@4 81)^; demand, 4 35)4@ the close was steady.
out any
CHRONICLE.
THE
576
NEW YORK STOCK
Nov. 17.
Nov. 15.
the Week
Friday,
Thursday,
Nov. 20.
Wednesday,
Nov. 10.
Tuesday,
Nov. 18.
Monday,
Saturday,
'
(Shares).
Nov. 21.
50r,a
404
52T
Northwestern
Do
pref.
ilO;*y 121
744
|
<Y:
27 n
88
31
Cleveland Col. Cinn.it Ind
j
Cleveland it Pittsburg, guar..!
101:‘h 1051.1
Delaware Lackawanna it West
04
i* 4
Denver it Rio Grande
|
i
Dubuque it Sioux City
TEast Tennessee Va. A Ga
|
Do
Evansville it Terre
Green
8,725
12,087
75 4
105 4
SO 4 874
1234 124
75 4
1044
80 4
1044‘
74 4
105 4
120
120
1204 1214
704[
88 4
124
1214
in
1114 T104 11 i 4.
10
*8
1
8 4
18
104 16 4
284 .29
284 284
80
*87
884 80
774
1204 121
75 4 704
105
105
87 4 804
120
120
108 4 1114
1244 1254
1084 no
754
10541054
874 804
74
84
84
*
294
4
88
Haute
137 4
106 4
105
......
106 4 108
L054 107 4
04
9 0
•
0 4
Lb74
04
21 4
2 5 :{H
55
pjn
*11 n
12 n
OS 4
00'4
08 4
03
24 4
03
05
33
8 1
*
254
114
1 24
07
03
25
08 4
03
25
t*2*’ .*!!.*!!
07 4
08
054
254
2
i*4 *
6
June 12
j 30
*3*66
4
Oet. 25
08 ti
25 4
in
I
Michigan Central
Milwaukee L. shore it
Do
Do
Kansas it Texas
15:,s
‘55
i
TO
12
117
12
*25
I
;
|
25
10's
034
15
4
024
12
25
'114
i) ‘tj
154
10 n
03 4
~5 n
*7
pref.;
<ss;’i
114
12
104!
154
10 4'
L)«j::ji
Vo
•
s7 4
124
12*2*4 1*22 4
*123" i:ii"
Essex
Nashv.Chattanooca A sr.Louis,
New York Central A Hudson.j
New York Chie. A St. I.ouis...|
Do
804
884
50
o
0
38
SS4
04
4
13 4
13
104
170
170
114 j14
*25a
3n
12 4
15:,i
L);
87 4
*54
4
134
13 4
on
on
IS-4
424
18 4
13 4
04
10
874
j
"54
6
88 4!
I34i
SO
13 4
80
13 4
20
20
80
I
—!
17
....
13
*12 n
22 4
134
134
22 n
3n
ill
184
42 4
2 4
174
184
A3'-.
2-4
104
184
424
2 4
*17 4
18 4
18 4
434
2 4
18 4
414
24
*17
15
13
22 4
13 n
13 4
13
13 4
22 4
224
13 4
18 4
42 4
1241
24
24
18 4
13 4
13
13 4
22 4
13
13
*224*224
0
Bankers' A Merchants’ Tel
Colorado Coal A I ron
Delaware A Hudson Canal
3 4
5n
:
87 4
54
82
82
104
514
11
*80
81
104 12 4
404 61H;
53
5
*114
12
54n
4 4
y
80
7 4
88 4
8
80 4
10
20
10
21
124
504
12
40 4
5
54 n
4
8 n
8b
504
Pacific Mail...!
Pullman Palace Car Co
i
j
i
'
504
51n
10!)n iiox,
*3
4 n
30
00 4 014
j
5
;
83
170
*114 114
'
110
014 0 l 4>
; 54 4 54 4;
i
107
i 107
i
18'_
424
24
20
18 4
42 4
125
18 4
42 4
32,914
100
075
7,025
1,300
224
“
24
22
40
21
40
21
40
85 4
844
84 4
70 4
70
*21
*30
*80
15
24
*11
12
53
53
j 20
j 14
June24]
g
334
024 1114
53
86 4
40V 584
Mar. 15
Mar. 4'
Jan. 4|
I 68
j
534
30
38
80
90
Aug.21,! 38
Aug.221
Y 12 4
Mar. 18
30'4
55
954
124
50 4
84
84
884
*84 * 6*
80 4
SO-
0
80 4
0
00 4
21
21
214
214
73
73
5i4
110
514
514
110 4110
4I
514
52 4
-
0**4
504
T31
"01
‘51
:-~r
200
3, o 4 5
50
|
j
131
00
55
400
200
200
100
20,185
230,825
50 4
oo->8
131
<014 014
55
10041004,107
no
004
:*132
134
.05
*51
05
55
1*107
no
I
6
Feb. 28
184 Feb. 10;
124 Nov. 3
Feb. 15;
7'
64.<
7
into20j 34<4 Jan.
2 4 May 24j
82
July 3
12
Juno 26
178 July 24
16^ Feb.
4;
32
131
*04
54
Jau.
54June27j
Juno30
June27
May 20
32
61sgJan.
July 15
450
00 4
108,005
131
03
51
Co.
40
200
100
500
’ion
100
New Central < oal
Ontario silver Mining
sale was made at the Board.
i 407g
_
104Jau.
Jau.
7 i 15 i 36'
5 2941 57 4
69'e
57
8
1274 Apr. 16 1184 1404
394
14
7
Juno27' 174 Mar. 17
8J34 Oct. 18114 Feb. 11 1024 1124
25
15
10
May 16! 174 Jan. 10
125
55
1224 Jan. 7il70
Feb. 9
56
914
84 June28! 65 4 Jan. 7
150
90
604 3une 26 112
Jan. 28
28
4434
31
May 16i 564 Mar. 17
00
May 24 117
Jan. 7 112 >4 134
94
5
34 J une 30
464
20
June20 32 4 Feb. 51 30
49
May 14 78 4 Feb. 10; 714 884
T20 4
! 88
| 0L4 Nov.
1924 Jan.
15
40
Jan.
Feb. 11
8|1034Mar.21
21
40
Mar. 251
Nov. 18
Nov. 18
11
15
104 Jail. 31
20 4 Jau. 29
Feb. 10
128
j 139 4 1454
J
Nov. 21
Jan.
4
Fob. 21
94 4
654
1124
1 96
1874
i'97
314
Jan. 24
4 Nov. 21
4 Nov. 21
135
84 34
78K
150
L40
138
138
105
90
7
Feb. 10
Mar. 4
June 13
0
Jau.
15! 03
July 29'
Nov. 21
Feb. 10 264
: uo
33
Oct. 17
May 10
Pennsylvania Coal.
103
364
594
1004
204
! 554
;ii3
I06
15
40
87
26' 00 '974
7;j 94
1694
nil ou,1 sx
1004 1004
40
'
5
50 Mar. 18!
964 Apr! 10:
324 Jan
9j
Jan.
39
23
84
85
21
14
15
35
80
Aug. 22;
90
(126
18,305
Feb.
*
129 4 138
4
154
72
47
Mar. 21
Mar. 17'
70»8 Oct. 20, 09
May 16
800
05
504
24 4June30
70
May 15
Juiio 30
15
65
July 11
49
1
*014
15
12
Fob. 14
Feb. 15!
61
32
80
28
204
11!
Get. 18 24
June27! 50
July 3 96
114Juiie26 29^
280
500
1,102
2,700
144
364
144
1
Jan.
5
90
404
Jum>20j 174 Aug.20
4
04
80 4
160
'183
15 V 20 38
4 V
8 *8
14
j 214
10 ! 18
32
i 494
23 4! 534
7i
ln8Junel8!
44 Sept. 5
144 May 14| 257e Mar. 17
5
June 12
114<)ct.
7
84 Aug. 8 24
Mar.22
June23 804
J une13 152
Apr. 12 145
Juno 24 130
May 15 90
15
1
7|
42
900
210
1004 1004
:i<)
‘s
*51
15
bid and asked
May
104 Jau.
Jan.
)uuo27j 574 Jan.
13 4
44
*3
004;
135
'
514 52
1 lu4 110 4
*8 4
80 4
18
Mar.*24 ieT0
194
29,j 120 1294
Mar. 14• 504 647e
Mar. 13i! Ill 4 1294
104 Feb. 15: j 7 I 154
204 Feb. 14 , 134 85
944 Apr. 12|| 834, 894
28-4 Jau. 5M 264! 4078
71
Mar. 3 : 72 ! 83
174 Apr. 4 1 17 4 524
Juuo’27; 27
28
4
0
5
1004
Jan.
184
Nov.21
37 4
2,700
*'*70
83
12 4
50 4
53
53
884
22 4
40 4
85
o
83
014
Companies of N. J
Virginia Midland
13
111)
"44
.....j
504
50
1,010
3,295
1,200
154
13 4
134
125
20
Untted
These are the prices
June271
20
8
175
July 7
7
June27j
!4 Oct.
9;
0
Nov. 171
1 10
Jan. 291
Mississippi, pref
014
May 14;
June20j
11 4 J une 271
Chicago A Alton, pref
Joliet A Chicago
New York Elevated
*
84 4
35 4
174
71
Mar. 41
Jau.
!148
4 4
July 1 j
0
4
170
*2
EXPRESS.
Maryland Coal
5
14
18
70
*81
12 4
50
114
101
1
2*8
34
..
Oregon Improvement Co
Oregon Railway a Nav. Co
Canton Co
Sutro runnel
Home.'tiike Mining
Oft. 22
11G
30
'
“110
*21
*37
85 4
*11
MlfCELL A XKOl'S.
Rensselaer A Saratoga
Texas A New Orleans
0
04 June20; 1334
June27-127
June20j 58
834 Nov. 7 122
i
*13** *1*3
22 4
125
125
*4 4
pref.
United States
Wells, Fargo A Cu
INACTIVE STOCKS,
Atchison Topeka A Santa Fe..
18 4
15 4
*704
American Tel. A Cable (’<>
Ohio A
Mar.
Jau.
82 4
50
124
77
Fob. 13
07
Aug. 20;
93 4 Apr. 71
•
21
-11 n
87
21
*40
‘84
Pacitie
Wabash St J.ouis A Pacitie—
I)o
pref
Western Union Telegraph
034
8,310
11,500
■TO** *3*6’
15
mon
Quicksilver Mining
100
154
31
Do
pref.
fcjt. Louis A Sau Francisco
Do
pref.
Do
1st pref.
St. Paul A Duluth
Do
pref
St. Paul Minneap. A Manitoba
Texas A Pacilic
Mutual Union Telegraph
New York A Texas I.and Co
4"1*7 4
440
1
1704 1 704
114 114
To**' Yg
Oregon Short Line
Oregon A Trans-Continental...
Peoria Decatur A Evansville..
Philadelphia A Reading
Pittsburg Ft. Wayne A Chic...
Rich. A Alleg., st'k4i ust etfs..
Richmond A Danville.
Richmond A W’t P't Terminal
Rochester A Pittsburg
Rome Watertown A ugdensb..
tst. Louis Alton A Terre Ilaute
Do
4 Feb. 8j
Nov. 14:
Jan. 41
51
185
48 4
Apr. 10,; 35
74 June23! 184 Jau. 7;! 10V 304
17
Juno21 j 864 Feb. 11 ! 33 j 684
94 1uno27l 234 Jan. 5j| 19 4 344
684 May 20j 100 June21 j 80 ;10678
*8
Norfolk A Western
!
*114
'214
15 4
03 4
*0 4
8 0*4
54
884 !
3
104
Western...!
1
101
1234 123 4
1
n;s
38
87 4
‘5
*122 4 125
88
New York Lack. A Western...:
New York Lake Erie A West.!
Do
pref. |
New York A New England — ,
New York New Haven A Hart.
New York Ontario .v Western.
New York Susq. A
Do
pref.;
Do
pref.
Northern Pacilic
Do
pref
Ohio Central
duo A Mississippi
Ohio Southern
ll
June27| 40
23
31
j
Pacific
Ohio
411314
214' 514
77 I 92
4 4! 114
114 23
,
‘
004
00
pref.
pref.
ill
Jau. 11 I 32
85 Juno30j.105
Apr. 15
76
! 5134.1une27 94 4 Mar. 4!j 77
! 10 Feb. 11| 10 Jan. 7i| 10
West'll!
Minneapolis it St. Louis
5
8
8
Jau. 22!
Jan. 211
82
j
!
'
j
Memphis it Charleston
Metropolitan Elevated
M ay
Nov. I
Jan. 28| 05
! 42
| 004 Nov. Sj 79
I 10
Aug. 20! 24
■14
7-4
Jan.
20 June20|
(110 June23 140
! 70" July 8 80
j
9 Juno21{ 204
I 67« June27j,194
10 8,848 ! 034 Nov. 10 104 34
325
j 02
May 241 784
11,300 I 22 4 June 24; 514
| 10 Nov. 111 85
I
consol...:
Manhattan Beach Co
115
11224
115 4 140 4
14 4 Feb. 15
51
Inn.
7!
1
81
11374
1154! 120 3a
914 1084
1
3
82
Mar. 10
8 4 Feb. 15
64 Juno 23
1 52 Oct. 25
3 j >7 2 i
3 4 May 14
! 185
40
1154 1154
1154 1104
1104 117
1104 lion
117
31
233.
354
27
144
1334 Mar.
254 Jail.
1, L70
40
common.!
•
28
000
*185
*28
90
88
*28
5
Jan.11
Aug. 20|
Aug. 20
60 4 Mar. 14
June 27
June 24 141 Apr. 1
j 1254
117,020 j 00 4 May 20
i
!
2:-i: 1404 Fob.
6
Sept.26 134
164 Nov. 18 35
214 J une20 38 4
8O4 J une 27 10b
100
10
100 4
*8 4
une
174
June 23 149 4 l<eb. 12
117
187
810
015
8*8*4 " 88*>j
......
J
7134
1004 June23 1204 leb. 11
257
17
"Jo
St. Paul,
Long Island
Louisville it Nashville
)
Louisville New Albany it Chic.;
Manhattan Elevated
j
-1st pref..!
J)o
Do
2,033
11,753
*
00
118
2
Jan.
Feb. 11
Jan.
7
15
28
17
Juno 27
94 June 20
04 Nov. 17
84 34
80
05 4
10 j
08 4
61
:
13 i
23
I
4,881 107 June27i 1274 Feb. 16
5 8 4 J une 27 j 04 4 ) an.
221,150
3
205
95 4 June 27 110
reb. 16
124
leb.
12
171,012
Iune
23
814
74
*15
18
29
June 30
135
484
47 4
Jan. 18
Deb. 11
Jan. 18
00 Jan. 11
074 Jan. 10
304 Oct, 25
30
5
050
810
100
145
*
’Yin
C
414
33 4
pref.
Bay Winona it
Missouri
Missouri
Mobile it
Morris it
1214
104 4 1004
04
l*n
Harlem, pud
55
■
Houston A Texas Central
113 4
Illinois Central
!
Do
leased line 4 p.e
’Yin
Indiana Bloomingt’n A West’ll
Tin
Lake Erie it Western
i
00 'H
Lake shore
I 05
Do
121
28
88
54
810
74
*
pref.
Do
*31
*10 4
*0 4
12*6*4 121*
10 4
prcf.,
St. Paul Minn. A Oni..;
Do
‘
7541
105
105
85 \ 874
122 »4 124
11 ill 1114
Chicago Rock Island A Pacific:
Chicago St. Louis A Pittsburg.|
Chicago
oo°4
5
10
5
piet.l
Chicago A
414
51 \
*305
4*4 *4 * 4*4*4
e
12
414
10
‘5
Chicago Burlington A Quincy.;
Chicago Milwaukee A St. Pauli
Do
12
*10
40
31
*43
31
*10
4 1
53 4
51 n
Jan. 10
I
;fc
*
127
78
75
Jan. 30
Aug. 10
120
July 8 135
804 Mar. 27 j 00
June28 80
50
30
June27i 584
2434 j une 071 57 7e
8
May 22| 12
00
804
80 4
88
88
Low. High
Highest.
Lowest.
RAILROADS.
Albany A Susquehanna
Boston A N. V. Air-Line, l>ref.|
Burliugton C'ed. Rapids A No.'
"Canadian Pacific
j
Canada Southern
|
Cedar Falls A .Minnesota
i
Central of New Jersey
Central Pacific
j
Chesapeake A Ohio
;
Do
1st pref
;
Do
‘_M prcf
!
Chicago A Alton
!
For Full
Year 1883
Range Since Jan. 1, 1884.
Sales of
PRICES.
LOWEST
AND
HIGHEST
STOCKS
WEEK ENDINfcf NOV. 21, AND SINCE JAN. 1, 1884.
EXCHANUE PRICES EOS
; 4
[Vol. XXXIX.
50
50
4
i
8
lo
0
IS
Ubu
10
37
14
354
2804
November
THE
22, 1884.J
CHRONICLE.
QUOTATIONS OP STATE AN1) RAILROAD BONDS.
STATE
SECURITIES.
Bid.
Alabama— Class A, 1906.
Class B, 5s, 1906
80
99
Class C, 4s, 1906
2
10
10
10
10
4
9
Missouri—6s, 1886
6s, due 1889 or 1890...Asyl’m or U niv., due ’92
Funding, 1894-95
Hannibal & St. Jo., ’86.
New
I
100
104
110
i*890
Bid.
Ex-matured coupon
1
Georgia—6s, 1886
SECURITIES.
( Louidana—7s, "ions.,1914
78
6s, 10-208.1900
Arkansas—6s, funded
7s, L. Rock & Ft. S. iss.
7b, Memp.A L.Rock RR
7s, L. R.P.B. & N.O. RR
7s, Miss. O. A R. R. RR.
7b, Arkansas Cent. RR.
7s, gold,
Ask.1
i*06
j
-.-.J
York—6s, reg., 1887
6s, loan, 1891
6s, loan, 1892
6s, loan, 1893
N. Carolina—6s, old. J.&J.
Funding act, 1900
1
SECURITIES.
Bid.
Ask.
Railroad Ronds.
SECURITIES.
Morris*
04
103
109
110
115
110
106
111
115
117
29
10
bonds, J.AJ., ’92-8
Special tax. all classes..
Do
Consol.
*
‘
5
5
68, Act Mar. 23, 1869)
non-fundable, 1888.)
6s, 1893
Tennessee—6s, old,1892-8
6s, new, 1892-8-1900
Brown consol’n
...
2
4
106
40
38
*42
new
series, 1914
....
Virginia—6s, old.
6s, new, 1866
Ask.
38
44
40
4$
37'
37
50
38
40
5
6s, consol, bonds
6s, ex-matured coupon.
6s, consol., 2d series
South Carolina-
6s, deferred
District of Columbia—
3-65s, 1924
Registered
Funding 5s, 1899
40
110
BONDS.
Ask.
134*2 T36
113V
Bid.
C’mp’mise,3-4-5-68,1912
82
105 V 107
105 V
SECURITIES.
Bid.
Manhat.B’cli Co.—17 s, 1909
77
...
§uar.7s,1906;
6s,
0
O
3
4s, 1910
6s, 1919
Oliio— 6s, 1886
“
'
SECURITIES.
18
Wil.C.&Ru.R.
N.Y.*M.B’h—lst,7s.’97
Marietta & Cin.—1st, 7s..
(Stock Exchange Prices.'*
116V
Metropolit’n El—1st, 1908
Ala. Central -1st, 6s, 1918
11834 120 V
2d, 6s, 1899
Alleg’y Cent.—lst.Os,1922
1st, consol., guar., 7s.. 125 I
I'Mex. Cent.—1st, 7s, 1911.
Atch.T.* S.Fe-^4 Vs, 1920
119
N.Y. Lack.* W.—1st, 6s 118
j Mich.Cent.- Cons.7s, 1902
Sinking fund, 6s, 1911..
I
Construction, 5s, 1923 *96 j 97
Consol. 5s, 1902
Atl. A Pac.—1st, 6s, 1910.! 76*2 77
Del.* Hud. Canal—1st, 7s!
jl 6s, 1909
Balt.* O.—1st, 6s, Prk.Br. - - - - •
1st. ext., 7s, 1891
j*
.113 j. Coupon, 5s, 1931
Bur. C. Rap.*
Rap.&No.—1st, 5s *103 V
Coupon, 7s, 1894
i 116V
Registered, 5s, 1931
Consol., 1st, os, 1934...! 85 i 87
Registered, 7s, 1894
*
115-2 i Jack.Lan.&Sag.—6s,’91.
'
Registered...
1st, Pa.Div.,cp.,7s, 1917; 180 |131 I iMilw. & No.—1st, 6s, 1910
Minn.&St.L.—lst,78,gu.|
1st, Pa. Div., reg., 1917.1
1
| 1st, 6s, 1884-1913
Ia. City.* West.- 3 st. 7s
Alb. * Susq.—1st, 7s
HOV
iMil.L.S.&W.—1st,68,1921
C.Rap. I. F.AN.—1st, 6s
2d, 7s. 18385.
10234
:Minn.&
Minn.* St.L.—1st,7s, 1927
1st, 5s, 1921
!
lst.cons
'
“ ■ *124*a
Iowa Ext.—1st,
7s, 1909
70
Buff. N.Y. A P.—Cons., 6s
Registere
i
2d, 7s, 1891
General, 8s, 1924
J 96
1st, cons., gu., 6s, 1906 112 V 113
I
S’thw.Ext.—1st. 7s,1910
Can. So.—1st, int. guar. 5s
98*
;.!
Pac. Ext.—1st, 6s, 1921.
Registered
\
75
2d, 5s, 1913
' *70
Rens. * Sar— 1st, cp.,7s! 1313, 134
,Mo.K.& T.—Geu’l,6s, 1920
Reg., 68, 1913
J
1st, rog., 7s, 1921
j*130V
General, 5s, 1920
Central Iowa—1st, 7s, ’99 i*02*
; Denv.& Rio Gr.—1st, 1900:
79 1
Cons. 7s, 1904-5-0.
East. Div.—1st, 6s, 1912
45
46
1st, consol., 7s, 1910
Cons. 2d, iucome, 1911..
i
Ill. Div.—1st, 6s, 1912..!
; Den.So.Pk.* Pac.—1st, 7s|
80
H.* Cent. Mo.—1st, ’90
Char. Col. A Aug.—1st, 7s!
35
Den.* RioG.West.—lst.Os;
36
Mobile* Ohio—New Os..
Chesapeake A Ohio—
Collater’l trust, 6s, 1892 j
i|Det.Mack.*Marq.—lst,6sj
Pur. money fund,1898..
11 Land grant, 3 Vs, S. A... 1
1st, Extension, 6s, 19271
101
6s, gold, series A, 1908
E.T.Va.*Ga.—1st,7s,1900 115 j
Morgan’s
La.& T.—1st, Us7*»
76 ! j 1st, cons.,
6s, gold, series B, 1908
62 V 53
1930
Nash.Chat.* St.L.—1st, 7s,
58,
|
25
26
i
6s, currency, 1918
j Divisional 5s, 1930
i 2d, 6s, 1901
94
Mortgage bs, 1911
N. Y. Central-6s, 1887...
j Eliz.C.*N.-S.f.,deb.,c.,6Si
Ches.O.&S.W.—M.
2d. 7s, 1891
Bonds, 7s, 1900
7s of 1871,1901
Ask.
1 Tennessee—Continued—
New
Bid.
Essex—lBt, 7s
Bid.
N. Carolina—Continued-
RAILROAD
SECURITIES.
NOVEMBER 21, ISSI.
BONDS.
Ask.
74V!
577
-
Ask.
11
107 V108
Penn. RR.—ContinuedPa. Co.’s Reg., 1921
Pitt.C.& St.L.—1st, c.,7s!
•96
Pitts. Ft.W.* Chic.—1st; 138
2d, 7s, 1912
3d, 7s. 1912
102
|
95
'99 v!"*;
llHVi
112
102
113
101
70
114
102
,*108-4
St.L.V.&T.H.—1st,g.,7s!
_..
1021-!
119
102
2d, 7s, 1898
!
2d, guar., 7s, 1898
107
Pitts.B.* B.—1st, 6s, 1911
90
Rome W.& Og.—1 st,7s.’91, 109
113
Con., 1st, ext., as. 1922.1 68V 69llRoch.* Pitt—1st, 6s, 1921!
107
90
Consol., 1st, 6s, 1922
91
Rich.&Allog.—1st,7s,19201
:
5 5 V.
102 V 103
*55
; 56
130
125
4th,s.fd.,0s,1892
10UV
*85
136 V
! 125
Clev.* Pitts.—Cons.s.fd.
*
Ask.
1
2d, 78.1913
37V1
121VI22 *3
...
.
Bid.
P.O.&St.L.—1st, reg.,7s!
93*2
*101
SECURITIES.
j
Rich.* Danv.—Cons..g.,6s j
Debenture 6s, 1927
1
Atl.& Ch.—1st,pf.,7s, *97
Incomes, 1909
51
91
47
105 34
92
49
)
Scioto Val.—1st, cons., 7s.
L. & Iron Mt.—1st, 7s! 111 V
2d. 7s, 1897
! 100V .101
Arkansas Br’ch—1st, 7s] 107 V109
Cairo* Fulton—1st, 7s 104
;104V
Cairo Ark. & T.—1st, 7s! 102V'103V
List.
103
!
iisv””!
1
lot)
105 V
102
130
131
130
j
100
Gen’lr’y * 1.
gr.,
as,19311
St.L.Alton* T.II.—1st,7s
2d,
64 V
65
112
j
pref., 7s, 1894
5-0s...
Deb. certs., ext’d as
jl 1st, 6s, 1920
i
2d, income, 7s, 1894
Chicago & Alton—1st, 7s. 119
*82 I
Eliz.Lex.* Big
:
N.Y.C.& H.—1st, cp., 7s
:
Bellev.A
So. Ill.—1st, Ss *112
0s(
Sandy—
Sinking fund, 6s, 1903..
125 j
j Erie—1st, extended t s. i
1st, reg., 1903
;St.P.Miun.A
Man.—1st,7s 109 VI10
La. & Mo. Riv.—1st, 7s.; 118-3 120
106
107 V
;
2d, extended, 5s, 1919..]
Deb. 5s, 1904
1
2d, 6s, 1909
10734 109
2d, 7s, 1900
3d, extended, 4 Vs, 1923 161 '102 ;
Registered
! Dakota Ext.—6s, 1910.. 108 |
St. L. Jack. & Chic.—1 st! 116
J Hud. Riv.—7s,2d, s.f., ’85 i 104 V
4th, extended, 5s, 1920., 100
102
i
j 1st, consol., 6s, 1933
116
1st, £uar.
r.(504),
|103
5th, 7s, 1888
I
(564), 7s, ’94!1 118
Harlem—1st, 7s, coup... 1*127 !
! j 1st. cons., 6s, reg., 1933.
160), 7s, 1898
1st, cons., gold, 7s, 1920 112V 114
1st, 7s, reg., 1900
1 127
127V ! Min’s Un.-lst, 6s, 1922 io9**i:;::::
2d, uar.’(1^8), 7s, ’98 *118
N.Y. Elev’d—1st, 7s, 1906i*H9V 120
1st, cons., id coup., 7s..
1-- > jSt, P. & Dnl.—1st,5a, 1931
Miss
.Br’ge— 1st. s.f.Os 103
Iteorg.. 1st lien, bs, 19081
N.Y.P.A O.—Pr.l’n, 6s,
C.B.& Q.—Consol.7s, 1903; 128 Hi 129 ;
Long Dockb’uds, 7s,’93| 112 j....
6s. sinking fund, 1901 ..j
Buff.N.Y.&E.—lst.1916! 131 >3 133
95 *3
6s, debentures, 1913
1 *95*
N.Y.L.E.&W.—New2d0
50V 51V
la. Div.—S. fd., 5s, 1919 ’ 105
Collat’l tru.st.6s, 1922.
i j
1st, 6s, 1905
j 94
Tcx.Cen.—lsf.sf.. 78,19*09!
91
! Buff.*
1
Sinking fund, 4s, 1919j’
S.W.—M.,6s,1908
9,V U834
'N.Y.C.&St.L.-lst,6s,1921
liit mort., 7s, 1911‘
I
97
Denver uiv.—4 s, 1922. J
97
J
I 'Ev. * T. H.—1st, cons., 6s, 96
2d. 6s, 1923
-Tol. Del. & Burl.—Main,6s 120
Plain 4s, 1921
1
1
N.Y.W.Sh.* Buff.—Cp.,5s;
39'
Mt.Vern’n—1st,6s, 1923!
39V
1st, Dayt. Div., 6s, 1910
C.R.I.& P.—6s, cp., 1917.1 125*4 126V :Fariro tt so.—1st, 6s, 19241
i
Registered, as, 1931
j *99
1
1st, Tei-T trust, 6s, 1910
6s, reg., 1917
|
Fl’t* ILMarq.—M.6s, 1920; 113
114
Tex.*
N.Y.Susq.&West—1st,
+
70
6s
!
N. O.—1st, 7s, 1905
Keok. * Des M.—1st, 5s 102*3
Gal.Har.A S.Ant.—lst.Os 106 V—
Debenture, 6s, 1897.
Sabine Div.—1st,6s,1912
112 V1 13Hj
2d, 7s, 1905
!
107V.
!l Midland of N.J.—1st, 63
! 83
iVa. Mid.—M. inc., 6s. 1927
*99
100 ”1
92
Mex. & Pac—let, 5s
N.Y.N.II.&H.—1st, rg., 4s 108
Wab.St. L.A Pac.—Gen’l 6s
i
98 V ' 99 1
! Nevada Central—1st, 6s. J 6s. 1931
2d,
Chic. Div.—5s, 1910
\
i
!
99 5101 |
Adjustment, 7s, 1903
80 f'N.Pac.—G.l.gr.,
Gr’nBavW.&St.P.—1st,6s
IIav. Div.—6s, 1910
j
1st,cp.,6s!
102
V
10238
|
Conv. debent. 6s, 190
j
Gulf Co'l.& S. Fe—78,1909 111
j
Registered, 6s. 1921
Tol. P.AW.—1st. 78,1917
102 V
j
*32
Leh.&W.B.—Con.g’d,
56
2d,
6s.
1923
60
1 N.O. Pac.—1st, 6s, g., 1920
t
Iowa Div.—6s, 1921
“
Am.D’k&Imp.—5s,lt
Hann. A St. Jos.—8s,conv. 102 V 103 IjNorf.&W.—Gen’l,6s, 1931
94
Ind’polis Div.—6s, 1921
Chic. Mil. & St. Paul1 New River— 1st, 6s, 1932
Consol. 6s, 1911
112
Ill
!
Detroit Div.—6s, 1921..
129
1
let, 8s, P. D
Houston* Texas
Ohio* Miss.—Consol, s.fd.
120’
Cairo Div.—5s, 1931
1 117
! 1st, M. L., 7s, 1891Cent.—1! 109 V
Consolidated 7s, 1898... i Ys*'.*;
69
Wabash—Mort.
7s, 1909
126
127 V
104 V
2d consolidated 7s, 1911
1st, Western Div.. 7s
iiisi*
Tol.A W.—1st, ext., 7s 103*4
117
1st, LaC.
109
I
|
1st, Waco & No., 7s
1st, Springfield Div., 7s
'
1st, St. L. Div., 7s, ’89
9434'
118
119
'
1st, I. & M.,
2d, consol., malne line,8s 111 ’
55
!; Ohio Central—1st, 6s, 1920
'
2d, ext.. 7s, 1893
91V 95
117
2d. Waco* No., 8s, 1915;
1
Term’l
1st,
Tr., 6s, 1920
Equipm’tbds, 7s, ’83.
i 126
1*30 I
j 96
>2
General, 6s, 1921
Consol, conv., 7s, 1907
77
80
j, 1st, Min’l Div., 6s, -1921
'11834 120 1 Houst.E.AW.Tex.—1st,7s'
85 V
,
Ohio
So.—1st,
6s,1921
Gt.West’n—1
st, 7b, ’88 103
*119
122 !
!
2d,
6s, 1913
1
;
j Oreg’n* Cal.—1st,6s,1921
92
l
2d,
7s,
1893
1 92
111
Illinois Central—
07
I Or.&Transc’l—6s,’82-1922
j 68
Q.A Tol.—1st, 7s, 1890 *75
*95
98
i
69
! 6934
Springfield Div. -Cp. Gs.!
' Oregon Imp. Co.—1st, 6s.
Han.* Naples—1st, 7s
107 V 109
j
Middle Div.—Reg., 5s...!
!
Oreg’n RR.* Nav.—1st,6s 109 ; 110
Ill.* So.Ia.—1st,ex.,(!s *75
1st, H. & D.. 7s, 1910... ! 118 V 119 !'! C.St.L.A N.O.—Ten. 1.,7s *115 j
j Debentures, Is, 1881... 98 101
St. L.K.C.AN.—R.e.,7s
97
{
113
Chic.* Pac.Div.,6s,'
1st, consol., 7s, 1897 ..! 117 V
liPanama—S.f.,
sub.Gs,1910
Omaha Div.—1st, 7s
95
9*7 V
93 »4 *95
1st,Chic.* P.W.,5s,
86
2d,
6s,
1
1907
iPeoria
Dec.
&
Clar’da
Ev.—1st,
6s;
Br.—6s,
1919
i
95
Min’l Pt. Div., 5s, 1
105
Evans. Div.—1st, 6s, 19201
Gold, 5s, 1951
92
*75
82
6s
St.Chas.Bgo.—1st.
95
9*8 i Dub. & S. C.—2d Div., 7s 115*8
Peoria* Pek.U’u—1st, Osj loo jioiv
No. Missouri—1st, 7s. 108 V 110
94
114
Ced.
F.
*
7s
Pacific
Railroads—
Minn.—1st,
j
iWest.Uu.Tel.—1900, coup. 108 109 V
Terminal as, 1914
Ind. Bl. AW.—1st pref., 7s 114
109 V'.--.
i Central Pac.—G., 6s
107
1900, reg
Chic. & Northwest.—
72
1 ;>
j
103
1st, 4-5-68, 1909
j
San Joaquin Br.—6s.. 101
N.W. Telegraph—7s, 1904
Sink, fund, 7s, 1885
10334
60
97 j 99
2d, 4-5-Gs, 1909
Cal. & Oregon—1st, 6s
66 V
Mut.U11.Tel.—S.fd,Gs 1911
Consol, bonds, 7s, 1915. 1 132
133 j
Eastern Div., 6s, 1921..
85
Cal. A Or.—Ser. B, 6s. *98 !....
1 *
.Spring Val. W.W.—lst.Gs
Extension bonds, 7s, ’85 103 V
100
*99
V
Land
100
A Spr.—1st,7s
grant bonds, 6s.
INCOME BONDS.
h Indianap.D.
1st, 7s. 1885
! 103 V
I
2d, 5s, 1911
West. Pac.—Bonds, 6s 104
j
f *
j \(Interest payable if earned.)
Coupon, gold, 7s, 1902.. 126 V
108
t
Int.AGt.No.—1st, 6s, gold! 105 V
110 II Alleg’nyCent.—Inc., 1912
No.R'way
(Cal.)—1st,
Os
Reglst’d, gold, 7s, 1902. *126
*70
I 75
Coupon, 6s, 1909
95
j So. Pac. of Cal.
Atl. A Pac.—Inc., l’AlO...
1st,6s ’94
15 V 16
Sinking fund, 6s, 1929..
10934 K ent’k v Cent.—M. 6s, 1911
63V
! So.Pac.of Ariz’a—1st, 6s
Central of N. J.-1908
Sink, fund, 6s, 1929, rog
I
Lake Snore—
I
N.Mex.-lst.Gs
j Cent.Ia.—Coup. deb.certs.
:oi
ii M. S. & N, I., 8. f., 7s ...| 101v101v 8o.Pac.of
Sinking fund, 5s, 1929. *100
111
Union Pacific—1st, 6s
11IV Cli.St.lL&M.—L.gr.luc.,0s
Sink, fund, 5s, 1929, reg
Cleve. & Tol.—Sink’g fd. 104 I
.1
Land grants, 7s,’87-89 lOb-i
ijCliic. * E. Ill.—Inc., 1907
Siuk’g fd. deb., os, 1933 *94*’ *95**!
Now bonds, 7s, 1886.. 103 i
!
Sinking fuflAs, 8s, ’93. 114 '4
i'DcsM.* Ft.D.—1st,inc.,6s
25 years deb. as, 1909..
1 Cleve. P.
92
113
& Asli.—7s—
117
114
!
! Det. Mack. & Marq.—Inc.
Reg 8s, 1893
Registered
Buff. & Erie—New bds
119 1120
Collateral Trust, 6s...
13i E.T.V.&Ga.-Inc.,6s, 1931
Escanaba & L.S.—1 st,6s
Kal. * W. Pigeon—1st..
I....
do
5s, 1907
Elizab. C. * Nor.—2d, iuc.
De8M.& Min’ap.—1st,7s
Det.M.A T-1st,7s,1906 118 !
Kans.Pac.—1st, 6s, ’95 10734 109 V Gr.BayW.A St.P.—2d,inc.
I Lake Shore—Liv. bonds 119V
Iowa Midland—1st, 8s.. *125
1st, 6s, 1896
106VI10734 Ind. Bl. & W.—Inc., 1919
i
n «>7
Peninsula—1st, conv. 7s *120
Consol., coup., 1st, 7s.
I)env.Div.0s,a8’d, ’99
Consol., iuc., 6s, 1921...
Chic.* Milw’kee—1st,7s 122 V i‘23
*
Consol., reg.. 1st, 7s... i'22V 124 L
1st, consol., 6s. 1919
Ind’sl )ec.* Spr’d—2d.inc.
•16
30
Win.A8t.IL—1st, 7s, ’87 107 V 108
Consol., coup.. 2d, 7s..
,'118
M Trust Co. certificates..
C.Br.U.P.—F.c..7s,
’95
114
2d, 7s. 1907
1118
Consol., reg.. 2d, 7s
At.C.A P.—1st,6s,1905
Leh. * Wilkesb. Coal—’88
1
75*
Mil.* Mad.—1st,6s,1905
At. J. Co.& W.— 1st, 6s
ong IrI. RR.—18L 7s, ’98 118 1121
25
jLake E.& W.—Inc.,7s, ’99 *15
C.C.C.& Ind’s—lst,7s,8.fd.
i:ii*V:! 1st, consol., 5s, 1931
;10l
87 V
Oreg. Short L.—1st, 6s
Sand’ky Div.—Inc.,1920
Consol. 7s, 1914
*i*19V
ICO
Ut.So.—Gen., 7s, 1909
jLaf.Bl.&Mun.—Inc.,7s,’99
Consol, sink, fd., 7s, 1914
i‘22 ;
Extern, 1st, 7s, 1909
I Mil. L. Sh.A W.— Incomes
General consol., 6s, 1934
Mo. Pac.—1st, cons., 6s.
Consol., 7s, 1898
113V114V
Mob.* O.—lst,prf., deben.
Cliic.St.P.Miu.A OinCecilian Br’ch—7s, 1907] *88 V
3d, 7s, 1906
2d. pref., debentures
30
I N.O.
Consol. (>s, 1930
*m
79
V
Pac. of Mo.—1st, 6s...
AMob.-lst,6s,19301 78 V
3d, pref., debentures
C.St.P&M.—1st,6s, 1918 114 V 115V
2d, 6s, 1930
2d, 7s. 1891..
4th, prof., debentures
No. Wis.-lst. 6s, 1930.
St.L.* S.F.—2d, Gs, Cl.A
100
E.H.AN.—lsl, 6s, 1919,*
N.Y.Lake E.&W.-Iuc.Gs
St.P.A S.C.—1st,08,1919 115
116
General, 6s, 1930
87
3-6s, Class C, 1906
[N.Y.P.A O.—lst,inc.ae.,7s
Chic.* E.I11.—lst,s.f.,cur. 105
Pensacola l)iv.—68,1920
3-6s, Class B, 1906....
Ohio Cent.—Income, 1920
5V
Chic.St.L.A P.—1st,con.5s
87 V
St. L. Div.—1 st, 6s, 1921
&
1st,
6s,
Pierce
C.
O.
Min’l Div.—Iuc.,7s,1921
Chic. & Atl.—1st, Cs, 1920
45
i
2d, 3s, 1980
100 i | Ohio So.—2d inc., 6s, 1921
Equipment, 7s, 1895..
23
25*“
2d, 6s, 1923
Nashv. & Dec.—1st. 7s. *115
117
Gen’l mort., 6s. 1931..
93-V 93 V! iOgdens.A L.C.-Inc., 1920
Chic.*W.lnd.—1st, s.f., 6s
!
S.&N.Ala.—S.f.,6s,1910
So. Pac. of Mo.—lst,6s 104V 1043y PeoriaD.&Ev.—Inc., 1920 *25
40
Gen’l mort., 6s, 1932
Louisv. C.& L.—6s, 1931
j,
Tex.* Pac.—1st, 69,1905 100
Evansv.Div.—Inc., 1920 *25
CoL* Green.—1st, 6s,19161 8934'.
Trust bonds. 6s, 1922...
78V *79 V
Peoria* Pok.Un.—Iuc.,Gs
Consol., 6s. 1905
„2d, 6s, 1926
iL.Erie* W.—1st.6s, 1919
90
Income & Id. gr., reg..
Rock.A Pittsb.—Inc., 1921
3734 39
*45
Col. H.Val. & Tol.-lst, 5o
G7 i 67V
79
51
Sandusky Div.—6s, 1919
1st,Rio G.Div.,6s, li>oO
'Rome W. & Og.—Inc., 7s.
32
Bel. L.A W.—7s, conv., ’92
Laf.Bl.A M.—1st, 6s, 1919
81
do
assented
50
•So.Car.Ry.—Inc., 6s, 1931
130
I
Mortgage 7s, 1907
! j Louisv.N. Alb. AC.—lst,6s
95
91
Pennsylvania RR.—
•St.L.&I.Mt.—lst,7s,pr.i.a.
ByLBing.* N.Y.—1st,7s 120 *
j] General mort.,6s. 1914
Pa.Co.’s guar.4 Vs.lst.cp
97
98
St. L.A .* T. H.—Div. bds.
21
40*
•No prices Friday; these are latest quotations made this week.
.
„
-----
,
„.
—-
S.
—-
•
fc
...
..
.
.
..
,
■
1
|
.
j 9334
jj
j*
l
..
‘
,
.
'
...
!
..
*
■'
THE CHRONICLE.
678
RAILROAD
Latest Earnings
the
Now York City Banks.—The following statement shows
condition of the Associated Banks of New York City for
EARNINHS.
Jan. 1 to Latest Date.
Reported.
[Vol. XXXIX.
week ending at
the
the commencement of business Nov. 15:
Roads.
Wecfc or Mo
KL.RCkAFtSmih
1884.
1883.
*
$
1884.
1883.
$
884:817
$
853.990
109,734
112,563
Ala.Gt.Southern October...
Atch. T.& S.Fe
September 1,513,010 1,362,983 11,852,819
156,000
Atlautic & Fao. October...
382,898
9,517
6,319
Bost. H. T. & W : st wk Nov
63,607 2,135.857
62,587
Bur.Ced.R.&No. 3(1 wk Oct.
130,006 5,129,960
174,000
Canadian Pacilie 2<1 wk Nov
1 st wk Nov
32.182
1,214.840
2-,688
Central Iowa
Central Pacific.. October... 2,152.00(i 2,496,091 18,732,496
82.950 3,006,9 40
63.638
Chesap. & Ohio 1st wkNov
13.891
638,056
Eliz.Lex.&R.S. 1st wk Nov
14,316
63.57.1
60,017 1,1c 3,405
Chee. O.&S.W. 2 wks Nov
214,321 7,61 3,705
210.812
Chicago & Alton 2d wlc Nov
Chic. Burl. & O. Septembci 2,707.110 2,9( 9> 165 18 505.825
33.782
34,655
Chlc.& East. III. 2d wk Nov
1,348.970
560,000
547,945 20,057,000
Chic. Mil. &8t.P. 2d wk Nov
462.100
538.600 20.339.68 6
Chic. <fe Northw. 2d wk Nov
134,100 5,047.27V
137,600
Ch.St.P.Mim&O. 2d wk Nov
26,777
30.L65
1,318.316
Chic. & W. Mich. 2d wk Nov
44.979
50.543 2.12<»,220
Cin.Ind.St.L.&C. 2d wk Nov
237,503
260,333 2,137.442
Cin.N.O.&T. P. October...
36.334
36,283
1,531,698
Cin.Wash.&Balt.|2d wk Nov
9 216
415,502
Clev.Akron&roljlut wk Nov
10,871
411.614 2,707,551
320,129
Clev.Col.C.& Ind September
32.782
Connotton Val.. (September
29,17-t
158,5.86
16,725
21,690
Danbury & Nor. Sept* tuber
129,747 -5,119,192
111,550
Denver& Rio Gr. j 1 st wk N ov
21,675
Denv. & R. G. \V.’2d wk Nov
9.473
307,7*15
9,1 S* Des Mo. & Ft. D. 2d wk Nov
22,711
30,424 1,177,0<!4
Det.Lans’gife No. 2d wk Nov
20.20t?
761,158
19,816
Dub.ASiouxCity 1 st wk Nov
338.015
369.311
13,858
340 059
40,721
55,136
Gulf Col.&8anFc October...
Hous.E.&W.Tex September
207.813
Ill.Cent. (Ill.)... 2d wk Nov
Do
(Iowa) 2d wk Nov
Ind. Bloom.AW.j2d wk Nov
Ft.S.A Gulf 4 til wk Oct
Kan. C. 8p & M. Itli wk Oct
Kentucky Cent’l 1 st wk Nov
Lake Erie & W.. September
281,00c
40,100
56,4 13
72.014
39.157
15.628
146,0'O
17.657
148,371
September
L.Rk.M.Riv.&T. September
48,271
44,858
26,419
47,801
50,200
275,956
27,087
45.595
..
Gr.BayW.&St.P. 2d wk Nov
Long Island
|2d wk Nov
La. A Mo. River
July
..
.
Loui8v.&Nashv.|2(l wk Nov
Mar.Hough.A O. 1st wkNov
Meinph. A Chari. September
Mexican Ceut...|2d wk Nov
Mex.Nat., NoDrt 1st wk Nov
Southern Div. 1st wkNov
Other lines e.. 1st wkNov
Milwaukee & No 4 th wk Oct
MU.L.Sh.AWest. 2d wk Nov
Minn. & St.Louis September
Mobile & Ohio
October...
.
Mo.Pac
New York
Manhattan Co
4,724.002
1,077,804
Merchants’
20,771,323
3,338,052
617,416
1,123,4 49
7,065,979
18,634,197
1,410,170
20.229,247
22,001,165
4,783,229
1,377,644
2,195,251
2.127,083
1,087.788
459.716
3,225,032
157.316
5,905,600
.
79,481
40.6O0
266,231
338,326
7,8 16;
20.932
10,814
110,384
1,996*540
2,904,072
2,2211432
1,586,594
939,62o
779,152
721,82*6
355,173
227,477
2.513,173
357,240
261,675
2,465.635
353.512
364,759
52,106
295,110 11,713,793 12,212.250
837.910
761,794
18,140
9b0,060
2,507.593
101,382
13.457!
658,106
226,890
2.1201
203,737
80,041
281.638
923,354
2,740,789
1,962,242
68,133
469.589
163.573
213,207
1,3.*0,334
740,881
89.52
780,03“
312.2 16
395,612
43,665
387,319 1.965 039 2,562,007
117,560 14,055,752 16.418,357
347,831
2-1,713
10,760
263,436 1,461,295 1,691.69 L
228.909
2-(.968
19G460
307,396 8,734 957 9,4 SO, 130
51,145 1,473,5 48 1,7(10,659
54, / Oo 2,337.597 2,610,109
13,22'
(A I.M.) September 1,537,016
Kash. Ch. A Bt.L. October...
H.O.&Northeast October...
N.Y. & New Eng September
15.301
64.700
16,190|
23,280'
293,042
2,697.880
2,824,35!.
394.434
428,489
962,724
15.540
21,060
126,289
1,325,283
1,618,900
11,900,011
201,320 1,965,169
256,271
318,647
12,435
855,285
394,870
924,512
1,156,859
1,696,367
1,91*3,23*5
81,625
358,571 2.450.1 A- 2,735,866
N.Y.L.ErieA W.0 August... 1,534,427 2,008.464 10,663,673 13,140,291
N. Y. Pa. & O.! August
480,569i 753,661 3,608,367 4,395,356
95.41“
749.006
750,190
N.Y.Susq.AWest September
90,085
..
If. Y. Out. A W..
j August...
October...
October...
215,418
263,298'
73,857!
September
476,811!
1st wk Nov
2d wk Nov
1st wk Oct
Ohio* Miss
Ohio Southern.. 2d wk Nov
316,369;
24,2021
103 0>9j
Norfolk & West.
ShenandoahV.
Northern Centr’l
Northern Pacific
Ohio Central....
12.681!
175,496
297,027 2,191,012
631,378
89,374
515,727 4,085.009
315,800 11,054,925
8,332.611
3,480,740
399,887
167,590
West. No. Car. October...
Booh. A Pittsb’g 2d wk Nov
Rome Wat.&Og. August....
41,513
315,196
44,006;
BtkJohnsb.&L.C. September
Bt.L. AltonAT.H. 1 st wk Nov
1st wkNov
BLL. Ft. S. & W 2d wk Nov
Bt.L. & San Fran. 2d wk Nov-
Do
(brehs.)
uj 3,135.73s 3,146,808
90,7 r 3,
98.2051
6o7,87 7
98.019
80.247;
516,763
(568,966
602,169
1.351,770
1,420,703
362,658
19,3 40! 1,0'»1,793
312,121
2 4,169
176,353
3 t .08u
23.4314,390
10.299
102,957
39,489i
i
14,865j
7,9-48
1,049,653
207,931
1,125,300; 1,248.320
698.263
633,216!
214.616!
42 1,493!
34.0151 1.137,447
916.881 6,570,839
Texas AN. Or l’s.
Louisiana W’n.
Tex. A St. Louis./
Tol. A. A.&N.M
Union Paoifio...
Utah Central.
107,0741
62,909 i
September
1st wkNov
October...
€9,318
35,053
31,414
24,570
224.727
93,4981 4,0 '9,961! 3,265,313
Bt.PaulA Dul’thi2d wk Nov
Bt.P.Min. A Man. (October... 1,008,389
BouthCarolina .lOctober...
157,351
Bo.Pao.Cal.N.D. August..
153,099
282.881
Do So. Div.i. August....
Do Arizona.!. August....
130,6i5
Do N. Mex.i. August....
62,994
September
537,656
171,406': 1,073.206
30,048
32.021!
146.294;
140,640]
968.264
9 i 9,896
1,166,415
6,849,606
1,073,280
832,941
3 44,90 ii
2,339.677
2,775,514
207,12,4! 1,217,276 1,683,219
447.32 •
531,976
65,188]
27,764 i
19.21 li
610,917
320,251!
813,189!
193,403
830,465
413,404
1*60,9-3
September 2,499,271 2,881 610 18,370,563 20,819,800
October...
116,127
112,301
868,5131
973,999
387 830
55.113
64,935
Vlcksb’rg & Mer. Oc ober...
401,688
27.495
Vicksb.8h.APac. October...
97,900
183,983
46,772
..
Wab. St, L. A P. 4d wk Oct
West Jersev
September
Wisconsin Cent’l October...
....
*
Not
401,000
131,406
381,475
140.434
160,114
110,932
982.92 4
l,0t.0.812
1.181,338! 1,1 ^0.1 >7
including Utah lines after July 1.
d Corpus Cbristi to Saltillo, 397 miles; up to May embraced oulv
236 miles, Laredo to Saltillo.
e Only 136 miles now. but prior
to May represented 297 miles.
g Not including earnings of New York
A Not including Centra! New Jersey in either
Penn. & Ohio road.
year prior to June 1.
i included in Central Paoltic earnings above.
J Embracing lines in Missouri, Arkansas and Texas.
1,64 i,(»00
910,000
4.462.600
10.713.300
1.886.500
4,013,600
1.327.100
2,690,000
418,000
7.782.800
2.569.700
G,951.800
426.800
1,100,100
14,021,100
2.765.800
4.871.400
1.669.100
993.500
155.100
181.500
12.176.200
2,306,000
13,333,800
2,021,800
1,b05,400
6,826.000
1,063,700
18.397.300
154.700
681,600
357.100
2.314.700
3,279,000
187.200
135.000
249.800
314.600
197.800
1.590.300
877,000
977,600
2,4 12,600
1.190.300
3.890.900
M.KAT—Income
Republic
Peoples'.
...
Irving.
Metropolitan
Citizens’
Nassau
Market
St. Nicholas
Shoo & Leather.
Corn exchange
Continental
Oriental
Importers’A Trad.
Pa i k
Nortii River
East River
Fourth National..
Central National..
Second National..
Ninth National...
First National....
Third National
N. Y. Nat. Exch..
...
Bowery
N. Y. County
German- Americ’n.
Chase National...
5,540,000
5.906.100
..
1,6 40,000
6.639.500
2.573.100
o2S,700
1,660,800
628.400
686.900
191.800
759.400
628,400
1,641,000
1,051,100
12.888.700
6,598,000
1,93 i,000
4.227.200
15.455.300
4,027.800
1.183.800
1.849.200
183.300
420.800
972.400
639.800
151,000
455.500
273.400
241,60u
3 10.900
7.57,000
472,000
772.600
360,000
1,782,500
1,753.000
148.000
128.800
1,488,700
1,579.000
569.300
4.385,000
194.600
199.500
218.100
665.500
413.300
1.201.700
1,98 »,300
2.382.300
2,605,800
4.115.600
1.859.300
968.600
3,121,700
1.557.300
384.400
26,400
100,860
952,700
1,078,400
4*1*8*10*6
45,000
6,400
360*66*6
340.200
45,000
261,000
446,6*66
44*3*6*0*6
*62*10*6
1,33*1*60*6
45,000-
223,100
300,000
297,000
45,000
45,000
449,900
17.390.200
161.900
586.300
183,3 >0
450,000
153.300
91,800
164.600
613.400
111,000
317.800
865,600
897,800
854,000
882,100
14,011,700
8,3.-*3,000
2, 03,000
4,322,709
309,900
827.200
829.700
27,700
755,000
3.299.600
2.511.100
2,4 38,()00
1.907.900
3,079,000
4.172.700
5,468.000
1.780.500
23.172.300
21,394,000
1,592,000
345,409
.
2,600
604,400
4.505.300
3.429.500
1.720.600
3,246, IQ',)
9.396.100
2,725,000
4,809,100
1.933.400
292.500
601,000
215.500
6.496.100
40.5,000
421,800
995.200
2,509,000
3,0:9,800
2,456,900
1,682,000
341,900.
2.631.700
457.200
21,000
151.800
3,4 19,500
1,793,000
536,000
681.300
1,100
242,700
11,875,000
17,872,000
4.568.600
180*6*66
221,000
180,000
45^6*66
2.660.300
2.216.100
2.349.500
215,000
254.400
291,550,400 82,354,600 36,459,100
following
[
1884.
98,500
357,000
321.500
1,000,500
2,308.000
744.600
2,036,500
4.295.100 1,190,900
503.200
3,25t*,590
153.100
],410,800
240.500
3,033,700
7,6 4 1,800 2,7V 7.700
457.700
2.619,000
5 2,000
1,888,000
724.300
2.414.300
110,000
2.247.100
610,'. 00
2.724.100
107.600
1.980.400
374.000
2.685.000
283.600
5.103.600
3.708.300 1.555.600
81,200
1,8)0,3001
17,275.100] 7.317.600
16,802,100 4,365.000
Fiftli Avenue
German Exch’ngo.
Germania
United States
Lincoln .V
Gar held
Filth National....
Total
308.500
801,000
lS'J.OOO
2,643,! 00
13,705,000
17,042,800
7.909,000
4.803,400
196,000]
226.400
1,0-’7,100
Chatham
604,000
973.500
755.000
853.900
3.030.300
Pacitic
3.203.600
397,700
1.895.600
882,500
1.144.700
135,000
43,400
176.400
325,356,700 12,241,500
totals for several weeks past:
are
Loans.
Specie.
L. Tenders.
Deposits.
Circulation
$
$
$
$
$
8 1 *1
$
77,430,100 32.838.700 315,989,400 12,985,300 458,532,568
g;290.287,900 80.106,800 33.289.700 317,081,100 12,800.200 477,210,695
151291,550,401) 82,354,609 36,4 59,100 325,356,700 12,241,500 527,541,755
'291,7-24,100
Nov. 1
-
“
Boston Banks.—Following are the totals of
140,753,100
8,488!
106,300:
42,501
8,351,000
Mercantile
The
346,50*0
7.326.400
Broadway
North America
Hanover
450,000
791.300
Tradesmen’s
Fulton
Chemical
Merchants’ Excli.
Gallatin National..
Butchers’ A Drov..
Mechanics’ A Tr..
Greenwich
Leather Mnnnf'rs.
Seventh Ward....
State of N. Y.....
Americ’u Exch’ge
Commerce
$
8,445.000
7.297.600
1,295.200
City
N ov. 3
“
10
“
17
128,535; 3,123,356
176.167;
Circula¬
tion.
$
ll.9L7.000
7,683,000
.
4,552,13~
100,518!
Oregon & Cal... September
269.821! 382.242 2.504 893 2.973,368
Oregon Imp. Co. September
Pennsylvania.. .September 4,458,87l 4,634.9y8 36,399 099!37,893.907
Peoria Dec.&Ev. 1st wkNov
11.6661
609,953
13.340] 651,305
Phlla. & Erie ...1 September
352,265
386,274! 2,661,700] 3,042,436
Phiia.A Read’gA September 2,876,451 3.333.217]19 033,434 20.816.204
Do
C. & Iron September 1,574.607! 1,861,191 12,010,951 12.338.853
65,990
.’.
Mechanics’
Union
America
Phenix
1884.
350 8 12
429,8
Net Deposits
other
than LJ. S.
2,197,000
....
2,274,562
708,464
969,190
429,179]
Tenders.
$
2,453.000
2,376,000
10,333,000
Loans.
21,313]
Bichm’d &Danv. October...
Ch. Col. A Aug. October...
Columbia&Gr.. October...
Georgia Pao..'October...
Va. Midland.. October..
Legal
Specie.
jg
289.041
2.101,90 i
"
September
E.Tenn.Va.&Ga. Heptemb* r
Evansv. & T. II. 1st wk Nov
Flint & P. Marq. 2.1 wk Nuv
Flor.R’way <fe N. October...
Ft.Worth & Den. October
Gal.IInr.At S.An. Sept mber
Grand Trunk ...;Wk N«»v. fe
Loans and
Discounts.
11,510,593
...
Eastern
Average Amount of—
Danin.
L, Tenders.
Specie.
$
5,789,300
5.850.900
6.432.900
$
$
7.101.500
7.298.500
7,160,900
142,066,500
142,544,800
Deposits.*
the Boston banke.
Circulation Agg.
$
$
91.844.500 23,782,400
98,813,600 23,560,000
99.788.500 23,564,200
$
58,8L1,468
68.639,916
62,930,956
banks
Philadelphia Banks.—The totals of the Philadelphia
are as
follows:
Nov.
“
“
*
J
3
10
17
Lawful Money.
Loans.
1884.
Deposits.*
$
$
$
73,835,950
73,454,475
73,322,857
22,357,1 10
22,659,888
22,891.740
70,168,441
69,321,065
70,209,74 4
Clear'gt
Circulation. Agg.
Clear'gt
$
$
8,059,943
7,954,869
7,914,5 45
39,828,337
44,014.907
37,740,784
Deluding the item “ duo to other banks.”
Unlisted Securities.—Following are latest quotations
*4sk.
Bid.
Securities.
21
Atlautic A Pac.—Stock....
Wost. Div., 1st mort
1 neomos
Cent. Div., 1st., new
Accumul. land grant—
Bank.&Mercli.Tef.—1st M
Bost. 11. & E.—New stock
Old
Dost. H.T.& West.—St’ck
Buff. N. Y. & Phila
Pier
Trust bonds, 6s
Cent, of N. J.—Dcbent
Connnental Const.Imp.co
Denv. A Rio Grande—Con53
nonv..t Rio Gr. W
Den. R. G. & W„ 1st M.,
Guar, by D. A R. G
Edison Electric Light
6
73
|
4!
7'8
13^
*1*6*
”*8**
*65*
*9*6*'
Pensacola A Atlantic
Istmort
9
Pittsburg A Western
6
6 8i
Postal Telegraph—Stock.
1st mot t., us
Postil Tel. A Cable—Stock
1st moi't
...
Georgia Pac.—rstock
1st uiort., 6s
Ti’* ‘ri
41
24
4
33 Hi
40
Kedy Motor
Louisv. A N.—AdJ. bonds
30
6
34 H,
75
13
88
’
*6*4
1 s„
9.
*
7
5
Prof
jJI
St. Joseph A Wostern ....
St. Jo. A Pac., 1st m«rt.
2d mol t
Kans. A Neb., Istmort.
2d mort
Texas A Pac.—Scrip lt84.
Old scrip
.'.
New sciip
Tex. St.L.,M.AA.div.,asp
M. A A. Div., 1st mort..
M.AA.Div.,incomes,as p
6s, 1st mort., m Texas..
Tex. A Cel. 1
tup.—Ex-bd..
PiH-.ifle.—Old stock
10
20
..
N. Y. M. U11. Tel.—Stock.
N. Y. W. sh. A R.—since
2'
43
3b
Vie.KsburgA Meridian..
Prof
1 st tuert
...
scrip
51
4 -4
Ask
75'*
8*4
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0
34
4
53
30
78
4
30 S,
31
8
18 b
50 b
16
93
38
91
35
35
36
36
100
21
23
40 b
40
•••••*
22
4
0
IH2
4
,
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Mut.Un —St’ek trust ctfs
75 ‘4
7
(Southern Tel.—Stock
Istate of Tenn.—set’m't.3s
45
*87
2d moi't
Vfi*
6
21**
Bid.
Incomes
J8
'*6»4
Securitas.
North. Pac.—Div. bonds..
North Riv. Cons.—100 p.c
Newb. DutchvfeConn.,pief
Ohio Cent.—Riv. Div., 1st
for a
20 toot.-.
Tncnm
s
4
80
45
12
.-••••
November 22, 1384.]]
1 tiw
THE CHRONICLE.
c s t m jc ti 1
were
decrease of 232,045 bushels of wheat,
1,471,and an increase of
319,236 bushels of oats.”
The tonnage of
through merchandise east and west was :
796 bushels of
AND
ailrxtatl
oats, being
579
a
corn
For 1871
For 187*2
For 18'3
For 1874
Ititentgcujcjc.
The Investors* Supplement contains a
Funded Debt of States and Cities and complete exhibit of the
435,207 tons.
55“,609 tons.
640,285 tone.
752,256 tons.
For 1875
For 1870
For 1877
872.101 tons.
1,003,393 tons.
1,017.645 tons,
For
For
For
For
For
For
1878
1,U9,499 tons
1879
1880
1881
188*2
1883
For 1884
i
,42.1.62 * tons.
1,980,397 tons.
2,014.1:0 tons.
2,043,227
tons.
2,108,325 tons.
of the Stocks and Bonds
i
2,275,252 tons.
of Railroads and other Companies. It is
The
result
of
the operations of all divisions in
published on the
the past two
last Saturday of every other
month—viz., February, April, years is shown in the table below :
June, August, October and December, and is furnished
with¬
-1882-83
out extra charge to
1883-84
all regular subscribers of the Chronicle.
Gross
Net
Gross
Net
Extra copies are sold to subscribers of
Earnings. Earnings. Earnings. Earnings.
the Chornicle at 50 Main
stem, etc
cents each, and to others than
$11,579,839
$5,432,183 $11,506,958 $5,237,7*2
subscribers at $1 per copy.
Washington Branch...
346,505
222, >47
.
Parkersburg Branch..
ANNUAL
central Ohio Division.
REPORTS.
Lake Eiie Division
Chicago Division
,
Pittsburg Division....
Wheeling Pitts. <fc Balt.
Baltimore & Ohio Railroad.
(For the year ending Sept. 30, 1S84.)
738,527
1,103,838
9*9,128
1.878,167
2,819,172
72.0.0
Pittsburg Southern
*43,787
New’k Somerset &SiTe
This is the first of the
great trunk lines to make its report
for the fiscal year
ending
Totals
364,781
260,061
387,788
291.781
573.503
1,47*6274
32,0 0
“8,450
19,511
335,944
643,164
1,169,773
1,016,508
2
046,880
2,294,827
141,896
112,125
168,532
180,331
141.723
376,638
261,700
488,968
1,042,132
13,621
10,068
757
$19,739,837 $8,705,823 $19,436,607 $7,760,300
From Nov. 1, 1882.
September 30. The report now
issued, however, is only that presented at the annual
meeting,
The aggregate
containing the general remarks of the President; the
working expenses of the whole system of
report with statistics of operations, finances, &c., ispamphlet roads were 60*07 per cent of the w hole gross revenues,
being
delayed 4*18 per cent more than the
for many months and does not
preceding year and 63-100 of 1
usually appear till the next per cent
more
than
in
1882.
spring.
*
The Baltimore & Ohio is one of the close
corporations, man¬
aged with secrecy as to its affairs, and during
the year no
monthly or quarterly returns of gross or net earnings are
made, such as the public now obtains by
voluntary reports
from the Pennsylvania,
Erie, and Grand Trunk of Canada, and
by the compulsory quarterly returns from the New
York Cen¬
NEW LINE BETWEEN
BALTIMORE AND
The Baltimore & Ohio Railroad
PHILADELPHIA.
Company, under resolutions
adopted unanimously by the stockholders, is
building the
Philadelphia Branch, from a point of connection with
its main
stem to the northern
boundary
line of Cecil County, in the
State of Maryland, where it connects
with the road which the
Baltimore & Philadelphia Railroad
tral, Lake Shore, and other railroads operated
Company
is constructing
partly or wholly through Delaware
within New’ York State.
by way of Wilmington and into the city of
At the annual meeting in Baltimore the
Philadelphia. Work lias progressed rapidly during the year,
following directors and unless the
were
severity of winter prevents the entire road
unanimously re-elected to serve for the ensuing year,
between Baltimore &
the only change being that of Mr. T. Harrison
Philadelphia will be in operation about
Garrett in place
of his brother, Mr. Robert
Garrett, the President pro tern.: July of the coming year.
William F. Burns, John
Spear Nicholas, John Gregg, William PITTSBURG JUNCTION, PITTSBURG
WESTERN, AND PITTSBURG
W. Taylor, James Carey Coale, G. A. Yon
CLEVELAND & TOLEDO RAILROADS.
Lingen, Decatur H.
Miller, Joshua G. Ilarvey, George W. Dobbin,
During the year the Pittsburgh Junction Road, which is
Henry C. Smith, by this
controlled
Aubrey Pearre, T. Harrison
company and its allied
“
Garrett. The total vote polled
interests, and which connects at Pittsburgwitli the Pittsburg Division, has been completed
91,748 shares.
through that,
city
by tunnel and elevated road, and thence
Mr. Robert Garrett, the new
by a tine iron bridge over
the Alleghany River to a
President,
submitted
hi3
junction
with the Pittsburg <fc Western Road.
annual report, from which it
It has
appears that the gross earnings of double been built in the most permanent aud substantial manner, with
track
the whole system in 1883-84
The extension of its branches is beiug
were
$19,436,607, against prosecuted tothroughout.
rapidly
the numerous and extensive
manufactories
$19,739,837 in 1882-83, and the net earnings were
the
Allegheny River front in Pittsburg, and, when liuished, will along
$7,760,300,
muke the
against $8,705,823 the previous yetft*, thus
position of the Baltimore & Ohio
Company in that city superior to that
showing a decrease of any other railroad.
in gross of $303,230 but a decrease in
net of $945,523 as a
The Pittsburg & Western Railroad
result of the
was
decreased business and demoralized
freight rates
past year.
Semi-annual cash dividends of five
per cent upon the capital
stock were paid on the 1st of
November,
1883, and on the 17th
of May, 1884.
The profit and loss account shows an increase
for the past fiscal
year of $1,940,316, after all fixed
rentals, &c., and the nominal surplus which represents charges,
invested
capital derived from net earnings, and which is not
represented
by either stock or bonds, now amounts to $47,703,796.
of the
On this Mr. Garrett remarks “
The
and highly
conservative system of the Baltimore &exceptional
Ohio Company, with¬
out precedent in America or
Europe, by which more than
forty-seven millions of dollars of net earnings,
by s'oek or bonds, haA’e been invested, during a unrepresented
long series of
years, in valuable improvements and
in connecting
extensions,
lines, in the great iron bridges over the Ohio
River, in
wharves, piers, docks, terminal facilities, real estate,elevators,
locomotives, cars, etc., readily enables the companystations,
to con¬
tinue the payment of semi-annual dividends
of five per cent
each on its
capital stock, which
sum so
limited
as
amounts to
to
only $14,783,900,
a
present a marked contrast to that of all
competing trunk lines.”
The following statement shows the
payments made and the
increments
of the
in
sinking funds during the fiscal
respective debts
year
for account
:
Increment, of sinking funds for the
loans due In 1895. 1902 and 1910 redemption of the sterling
Payment
on account of tlic
principal of debt to the City of Bal¬
timore for the purchase of its interest in
the Pittsburg &
Connellsville Company
The Pittsburg A Connellsville
sinking fund
The Baltimore & Ohio and
Chicago railroad companies’ sink¬
ing fund
-
The Washington City aud Poiut
Lookout railroad companies’
sinking fund
$5S0,229
40.000
30,77b
50,098
Company has leased the Pitts¬
burg Cleveland & Toledo Railroad. ^Satisfactory
relations have been
established between this company and
those interests, enabling
form a most favorable route to
it to
Akron, Ohio, to the lakes at Cleveland,
and to the great
manufacturing districts of the Mahoning aud Shcnango valleys.
It is als >, by firty-one miles, the short line
between the
great lakes at Cleveland aud the National
Capiral at Washington. In
addition to the large local business
tliis company will participate, this originating on these lines, in which
route opens up to these
regions, to
the Pittsburg Division, to the entire
system of this company, and to
tbe manufacturing and other
industries connected therewith, new and
additional markets and sources of revenue for
their riel: and valuable
mineral and other
products.”
BALTIMORE & OHIO TELEGRAPH.
“This company has been engaged for
many years in contests with the
Western Union Telegraph
Company to regain and hold pos-ession of its
telegraph property, aud it is gratifying to annouuee that
the equities of
its position have bteu
thoroughly vindicated on all occasions when the
questions have been submitted to the courts. The
telegraph system of
company D, therefore, now entirely under its own
control. The
policy laid down by the late president in his addiessto the
board in
the
June, 1682, in which he announce 1 that the Baltimore
& Ohio Com¬
pany ‘had deliberately determined to maintain the
absolute independence
of its telegraph system,’ and that it
intended to effect ‘such connections
ns would enabl > it to maintain
llrtnly and successfully its independence
asagre»t competing organization,’ and that in
furtherance of that
policy it won d ‘continue to enlarge its capacity to meet all
require¬
ments,’lias since been continuously act
dupon until the Baltimore A Ohio
Telegraph system now represents 6,**86 miles of poles ami 47,417 miles
of wii e, in the
acquisition of which there has been expended,
during the
tiscnl } ear, $2,o1j,0o
The company now has a
telegraph system
twice a*» large as that of the Atlantic A
Pncilic,
which
was frold in 1881
for $8,500.01)0 in stock of the We.-tern
Union Company, and one and
one-quarter times as large as that of the Ameiiean
Union, which
was sold
for $15,000,60 > also in the same
stock, and by the close
of the year it will have a
mileage nearly as great as both of tho.-e com¬
panies combined, w liilst the location and character of its
lines render
.
them far
valuable.
more
President Bates, of
the
Baltimore &
Ohio
Telegraph Company, who has recently inspected the
property, states in
li s teport that the lines are
thoroughly aud strongly built; that the
offices arc
well
located, and that
the staff it active and efficient.
The
at a time when material
reduction
5,865
of at least 15 per cent below
the
lowest pric s at which any
Total
lines were ever constructed in this
The
country.
$706,970
system exceeds in capacity that of any other com¬
As to the freight traffic on the main
peting telegraph company, and between the two great cirhsof the
stem and its
East
and
the
*'est
is believed to have facilities
it is stated: “The
to that of any
aggregate of coal and coke thus trans¬ company. Looting at its cost, compared with that equal
or the system of its
main
all divisions, wTas 6,392,675 tons,
competitor, it is believed that it can obtaiu and hold such a volume
an of business as will
increase for the year of
yield very s itisfactory net results lrom the
715,838 tons, and an increase compared tures.
expendi¬
The public have alt
with 1882, of 745,659 tons, with 1881 of
earty received, and will continue to receive,
1,853,048
tons
and
wTith
advantages
and
economies
from
tbe
competition offered by a system of
1880 of 2,003,819 tons.
It is shown
the report of the trans¬ such stieigta, pennant new aud magnitude. Bince the company*
portation
commenced its
own
commercial system, in
that the tonnage of
merchan¬ expenses incident to its railroad business have been1677, its teiegiaph
dise east and west has been
reduced fully forty2,275,252 tons, whilst in the pre¬ three and on* -half per cent, whilst
its receipts from railroa I
year it was 2,108,325 tons.
717,258 barrels of flour and have increased fifty per cent. It i- believed when tbe systembusiness
of tele¬
bushels of grain were
created by i he Bulliinore & Ohio Company has been
to Baltimore during graphs
perfected,
ih<t tbe op* rating expenses of the
the fiscal year, being
telegraph department, for railroad
an increase of 14,283 barrels of flour and
business will be further
a decrease of
'1 lie bonds ai.d to 5k of i he
Baltimore
1,278,709 bushels of grain, as compared with the & Ohio Telegraph Comireduced.
any, a separate corpu ate organization, to be
year.
Of this aggregate of grain, 6.415,550 bushels issued to the railroad o *mpauy for the advances
of the latter in iheconwere
striieiion of the teleg npli lines, nro in course of
3,472,940 bushels were com and
pi epai ation, will soon
bushels be in the company’s uea&ury,
and will constitute a very \ aluable asset. ’
.•
branches,
ported, including
department
ceding
11,553,052
preceding
wheat,
showing
by
through
brought
1,469,916
expenditures for
was
obtained
tue
at a
past year have been made
•
\
j
•
f\rOL. XXXIX.
CHRONICLE.
THE
580
•
;
GENERAL INVESTMENT
Providence.
Boston <fc
(For the year ending
Sept. 30, 1884.)
there has been an increase
that the miles run by the
NEWS.
Maine—Eastern.—At Boston, Nov. 19, meetings
the Boston & Maine and Eastern roads
were held, and the terms of a new lease of the latter road
more frequent trains have also greatly increased, and the cost
were agreed to.
Special meetings of the stockholders of the
of carrying more passengers at low rates of fare has kept pace
companies
respective
will be held on Dec. 2 to ratify and ap¬
with the returns.
Fifty freight and thirteen passenger cars,
prove the terms of the new agreement. The Journal says:
six locomotives, with one-tenth ownership in four Wagner
The new lease attempts to avoid the snag which the old one
and six passenger cars for the New York line, have been ran
against in the courts, and is considered very favorable for
acquired and charged to expense. There has also been charged the Eastern stockholders. In fact it is reported that there is
to expense $12,102 on account of the Omega bridge over Tenconsiderable opposition to the new lease among the directors
mile river in East Providence, and $10,208 on account of the of the Maine
Road, while the Eastern directors appear to be
bridge over Mother brook in Dedham on the West Roxbury well satisfied with its terms. In view of the opposition that
branch.”
any proposition to lease the Eastern to the Boston & Maine
On the 31st of January last, a special meeting of the stock¬
will meet with, both here and in Maine, the question of a suc¬
holders was held, after due advertisement, when authority cessful
accomplishment of the lease is a doubtful one.”
was given to the directors to issue notes or bonds to an amount
California Southern.—Treasurer Reynolds of the Califor¬
not exceeding $000,000.
This authority, however, has not as
yet been availed of, as the details for the construction of ter¬ nia Southern has issued a circular stating that a majority of
minals in the city of Providence have not yet been fully com¬ the bondholders have agreed to exchange their first mortgage
bonds for the income bonds which the Atchison proposes ta
pleted.
The earnings and expenses, and the dis; oi tion of income, issue on the whole line of the road when extended to connect
together with the general balance, were as follows for four years: with the Mojave division of the Atlantic & Pacific. The bonds
held by those who have thus far assented amount to about
OPERATIONS AND FISCAL RESULTS.
1880-81.
1881-82.
1882-83.
1883-8 4.
$2,300,000. The other holders are urged to come for\vard
Total miles operated
08
08
08
08
and exchange their bonds.
speedily
Operations—
Central Pacific.—Gross and net earnings for September and
Passengers carried
3,802,405 4,128.200 4,023. 420 5.482,707
Passenger mileage
42,101.730 40,344,701 51,300,400 55,200,708 for nine months of the year were as follows :
Freight (tons) moved
000,200
71S,500 735,050 732,708
September
*
,
Jan. 1 to Sept. .30.
.
$
$
$
$
Earnings—
1884.
1833
1884
1883.
Passenger
822 752
010,703
90S,847 1,030,540 Gross earnings
$2,426,348 $16,580,496 $18,275*232
Freight
533,050
020,030 014,500 Operat’g expenses. $2,194,993
005,221
1,355,485 1,376,346 11,824,981
11,631,125Mail, express, etc
08,855
02,005
73,051
70,101
1,727,147
Net earnings...
$839,508 $1,050,002
$4, “55, '15 $.>,644,107
1,419,313 1,584,839 1,689,134
Total gross earniDgs.
934,273 1,138,191 1,231,881 1,271,162
Cincinnati Indianapolis St. Louis & Chicago.—The com¬
Operating exrenses
103,832
91,674
94,018
89,637
Taxes
parative earnings, expenses and fixed charges for September,,
The
1,023,910 1,232,509 1,323,555 1.374,994 aud for three months of the fiscal year, were as below.
Total Expenses
352,153
earnings
are
transportation
345,579
from
only,
miscellaneous
income
352,330
395,403
Net earnings
being added to profit and loss account at end of each six
INCOME ACCOUNT.
The annual report says : “ While
of gross receipts, it will be noticed
Boston &
of the directors of
“
“
-
,
..
.
..
.
1881-82.
18^0-81.
.
"Receipts—
Net earnings
.
Disburse nv nt•'—
Interest on debt
Dividends
Rate of dividend
$
$
395.403
352,330
28,712
..
Total disbursements.
..
Balance, surplus
320,000
(8)
348,712
46,691
18S3-C4.
$
1882-83.
$
22,816
320,000
<S)
312,816
9,514
345,579
15,689
320,000
(8)
335,689
9,890
26,140
320,000
(8)
346,140
6,013
1850 81.
Assets—
HR. bldgs .equipment,etc.
Stocks owned, cost
Bills and aects. receivable
Materials, fuel, etc
Cash and cash funds
5,526,884
$
4,000,000
Total assets
Liabilities—
Stoelc, common
Bonds and notes (see
$
234.10-:187,738
108,840
17,418
5,514,154 5,400,487 5,504,283
$
$
$
4,000,000 4,000,000" 4,000,000
$
$
$
4,890.174 4.S00.17 4 4,800,174
231,200
231,230
231.3S5
143,130
25u,s(>3
187,500
144,842
120.543
130,705
111,403
30,305
38,003
Sup¬
860,0 0
plement)
Dividends
All other dues and acc’ts.
Protit and loss
860,000
860,000
4,800,174
860,000
160,000
65.812
430,552
418,471
Total liabilities
5,526.884 5.544,154 5,490,487 5,504,283
Now York New Haven & Hartford.
(For the year ending September 80, 1884.)
From the returns made to the Massachusetts Railroad Com¬
missioners the figures below for 1883-84 are obtained.
It
should be understood that as a matter of bookkeeping these
returns are compiled differently from those in the annual
rejiort of the company, but the comparison being made with
the same returns of last year will show what changes have
104,484
71,848
163,106
80,982
440,066
occurred:
163.084
54,946
412,457
1882-83.
1833-84.
Total income..
Total expenses
$6,729,374
4,705,346
$6,887,258
Net income
Dividends declared 10 per cent
$2,024,028
$420,358
20,4 85
l,55o,000
$2,059,012
$419,790
80,051
1,550,000
Surplus for the year
Balance, September 30
$33,188
$2,450,135
$2,459,305
Rentals
Interest
accrued
4,828,245
$9,171
ANALYSIS.
Earnings passenger department
Earnings freight department
Total transportation earnings
$1,148,925
2,501,623
$1,340,583
4,409,086
4.502,730
6,650,548
78.825
Other income
Operating txpenses
2.440,949
6,781.502
105,755
296,259
325,514
Total for construction
Total for equipment
Other expenditures
$156,555
$125,47.3
259,871
305.009
65,006
Net addition
$721,426
$206,201
$196,380,629
7.079.168
131,051.708
$206,677,775
Taxes
ADDITION TO
PROPERTY ACCOUNTS.
TRAFFIC
Passenger mileage
Passengers earned
Freight mileage
Tons of freight carried
Average rate all pa-scngeis
Average rate
Average rate
Average rate
3 97 cts.
1 *51 cts.
1 89 cts.
MISCELLANEOUS.
local freight
through Height
all freight
Nuiuber of stock holders
Stoekhol le s in Massachusetts
Stock held in Massachusetts
15,733
Gross earnings...
1883.
7,582.213
125,743,80 <
2,
t
81.2oO
1-96
3*72
1 '57
1*91
cts.
cts
cts.
cts.
3,548
495
$2,357,400
..
1884.
1883.
$250,988
$701,6 J9
$686,525-
1.49,-01
$249,886
143,125
432,074
410,189
$101,787
$2 76,336150,249
Opera.’g expenses.
Net eatilings..
Fixed charges
Surplus.
..
$103,760
$271,94 5
50 000
50,0e3
150,' 00
$51,787
$50,677
$121,945
..
..
$126,087
-
Jersey—Philadelphia & Reading.—
to the courts to compel the Reading
receivers to pay the dividend due on Jersey Central stock
December 1 was made November 20, but the court
on
refused to take any action, on the ground that no decision has
yet been made in the Dinsmore suit involving the legality of
the lease.
The petition in the application claims that Reading
has spent $2,049,000 in improvements on Jersey Central, $600,000 of which has been paid back in Jersey Central bonds, and
that $1,449,000 is now due.
The receivers have said they had
no money to pay the dividend.
The petition asks that they
raise it by pledging assets and securities.
It announces a
plan to ask Jersey stockholders to take a smaller dividend
for some years.
Reading has 60 days after default before
Jersey Central can annul the lease and its provisions.
President George de B. Keim, of the Philadelphia & Read¬
ing Railroad Company, Franklin B. Gowen and E. C. Knight
came from Philadelphia to attend the directors* meeting of the
Central Railroad of New-Jersey. They brought a statement
of moneys expended by the Reading Company in permanent
betterments of the leased line, for the re-payment of which
they asked for an issue of stock or bonds according to the
terms of the lease.
The matter was referred to a committee
consisting of President Henry S. Little, John Kean and ExCentral
An
of New
application
Chancellor Williamson.
President Little said after the meeting : “ I have not looked
over the claim for improvements made by the Reading Com¬
pany, and cannot say, therefore,
statement was not even read, but
what it amounts to. The
without debate was referred
to a committee, whicli will have to see whether the claim is a
valid one. If stock or bonds should be issued for any part of
it, the rental would be increased by the interest on the amount.
The Reading has paid some $600,000 on the principal of the
car trusts and has built or improved some stations on the line
and has built an iron bridge or two. It was provided in the
lease that it should receive some equivalent for any permanent
improvements on the road.
Cleveland Columbus Cincinnati & Indianapolis.—The
trustees in London furnish the following traffic s atement for
the eight montlis ending August 31 :
Total rarniD.es
Operating expenses
STATISTICS.
2,160 023
1 * - ‘ S els.
/—JuIp 1 t'i Scjtt.Z0, 3 mo's—.
18 84.
352,153
CLOSE OF EACH FISCAL YEAR.
1881-82.
1882-83.
1883-84.
GENERAL I5ALANCE AT
months.
Net
earnings
Interest, taxe
,
etc
Balance to credit of income
Additions to property
Total net balance
1
(—Jan. 1 to Aug.
1883.
31.8 mos.—*■
$2.813,118
$2,447,422
1HS4.
1,9?2,557
1,859,737
$830,801
$
S7,635
431,831
515,892
$399,020
269,4 i 1
$71,793
$129,619
3
dtf
36.171
$114,378
Denver <fc Rio Grande.—Mr. Robert Fleming, representing
the Scotch bondholders of Denver & Rio Grande, is
as
reported
better
condition than they expected, The earnings for 1884
saying that the foreign
physical
committee found the road in
November 52,
CHRONICLE.
THE
lbSL]
5S1
about 4 per cent on the consolidated bonds Lake Shore roads. In consideration of these agreements the
priorities. The reorganization will be based line was leased t j the Pittsburg & Lake Erie Company.
on—First, a reduction of the fixed charges to a basis of abso¬
Pittsburg Southern—At Pittsburg, Nov. 20, the franchises,
lute safety; second, a provision for future capital require¬ I
| property, rights of way, branches, tracks, and all the appurments: third, an assessment on the stock sufficient to put the
I tenances of the Pittsburg Southern Railroad were sold at
road in a shape to be worked more economically by raising the
ill's sale to Thomas M. Kinsr, representing the Baltimore
track, putting in iron bridges, &c. The consolidated bond J shei
& Ohio Railroad Company, for $50,000.
holders will be asked to take new bonds, bearing about onehalf the present interest, and to take income bonds or pre¬
Railroads Operated in New York State (Quarterly Reports.)
ferred stock for the balance. Mr. Jackson, the receiver, has —The following abstract 1ms been specially compiled for the
paid the back wages from earnings, and will pay other float¬ Chronicle from returns made to the Railroad Commissioners
ing debt from the earnings. He has issued no receiver's cer¬ of this State for the quarter ending Sept. 30, 1884:
tificates and hopes he will not have to.
De
Lack, d IV.
Steps may be taken
Albany d
Leased li> es in
Rensselaer d
by and by for a new lease of, or consolidation with, the Denver
Susque¬
Mew
•will be equal to
after paying all
:
.
Receipts—
earnings
Operating expenses..
& Rio Grande Western.
A New York committee will manage
the foreclosure and reorganization, which will be reasonable
and equitable.
Gross
-
September.
-Gross
earnings
Operating
..
expenses..
Net earnings
Nashville
year were as
follows
1883.
188L
$1 10,384
82,130
$ 1 o i, 3 s 2
$330,518
00,<;97
2
20,253
$291,43 4
201,590
28,248
33,285
101,263
89.83S
..
Chattanooga &
5
earnings for October and for the four months since Julv
1, ill 1884 and 1883, have been as follows :
October.
,
Gross earnings
Operating expenses..
....
,
1 8 S 4.
1 883.
$ 03.737
$201,3 20
109,>30
r-Jlllp 1 to Oct 31.—s
1884.
$819,987
1883.
$ 11 1,245
419,255
$270,622
$366,113
$246,791
$268,291
$246,791
$23,831
$2(8/291
-
$
308,435
)
26,379 !
49.>,48 4
j
Total deductions.
$521,863
Balance
$322,75 4
$a7,842
Fredericksburg k Potomac.—The report for the
ending Sept. 30, 1881, shows that the receipts from trans¬
portation and rents amounted to $471,705; expenses of trans¬
portation, $289,839; net revenue, $181,865. Deducting interest
on bonds and loans and dividends on guaranteed
stock, $88,923,
leaves a net profit of $92,947. The President says: “The debt
of the company has been reduced from year to year until it
is now about $125,000 less than it was ten years ago, and dur¬
ing the last six years the annual interest on the debt lias beert
reduced more than $22,500, while during the same time the
annual net profits of the company have been year by year in¬
creased. until they now amount to about $50,000 per annum
more than they did in 1878.'’
8-3.
St. Louis. —The gross and net
$844,617
*
year
,
1 S4-1.
409 941
Richmond
:
-lull/ to Sept. 30.
.
,
757,400
Miscellaneous....
Memphis k Charleston.—Gross and net earnings for Sep¬
/
Saratoga.
$674,613
$080,506
Taxes of all kinds.
Rentals
bonds.
*
hanna.
$1,602,017
Net earnings...
Deduct! ons-
Elizabeth, N. J.—At Trenton, Nov. 18, in the United States
Circuit Court, Judge Nixon allowed an order, returnable Dec.
1, against the city of Elizabeth, at the suit of Robert Goelet,
to show cause why a mandamus should not be issued com¬
manding it to assess and levy additional taxes sufficient to pay
a judgment
of the plaintiff, amounting to $18,000. Some
time ago an order of this kind was issued against the Board of
Assessors, but five out of eight resigned before the order was
served, and the board being without a quorum, it was unable
to carry out the order of the court.
The present order is
against the city, and is made very broad, with a hope of com¬
pelling the city to do something in the direction of paying its
tember and for three months of the fiscal
York.
..
Rochester A
Pittsburg.—Mr. Walston II. Brown, President
of the Rochester & Pittsburg Railroad Company, lias issued a
circular to the stockholders asking them to come forward and
subscribe for their proportionate share of the stock of the ne.w
company, under the recently adopted plan of re-organization.
The amount of new stock offered for subscription is $5,000,009
of
$80,303
$92,08 1
$357,523
$191,990
37,178
55,291
22-',81 8
220.983
$23,185
$36,793
$128,705
$171,007
preferred and $5,000,000 of common. This is ollered in
consisting of one share of preferred and one share ,of
common stock, for $60 a block.
Mr. Brown makes the follow¬
ing explanation: “A person who holds 100 shares of stock in
the present company will receive 25 shares of the new common
New Haven k Derby.—At the recent annual meeting of
this railroad at New Haven, Edward N. Shelton, of Birming¬
stock without assessment.
Then he will he entitled to sub¬
scribe for 25 blocks, each block comprising one share of new
Not earnings
Interest and. taxej
1 23 3 74
....
...
Surplus
....
402,401
ham. explained the proposed connection of the Derby with
the New England at Sandy Hook.
The line, he said, lay in
the Housatonic Valley, and would require only fourteen or
fifteen miles of construction, which was but a little further
than if a direct line were put through to Danbury.
The con¬
nection with the West would give greater facilities not only
to the City of New Haven, but to all intermediate points
along the line. Coal could be brought to New Haven much
cheaper than by the present method. Mayor Lewis also in¬
dorsed the
plan.
Bv
unanimous vote, the President, Secre¬
and Treasurer were appointed to negotiate with the City
tary
of New Haven for
a
a
settlement of financial relations.
N. Y. Lake Erie & Western.—A report
has been current
that the managers of the fast freight lines of the Erie Railroad
were to he dispensed with.
The plan of the new managerhent
is to first consolidate the lines where more than one is running
over the same route, and eventually to abandon them alto¬
blocks
one share of new common stock. This will give
him 50 shares of common stock out of $10,000,000, which rep¬
resents the same interest in the property as 100 shares did out
of a capital of $20,000,000.
Besides this he \\ ill be the owner
of 25 shares of preferred stock, costing him GO per cent.” Tlie
preferred and
amount
already subscribed to the new stock, it is stated,
required to carry the plan
exceeds three-fifths of the amount
into effect.
Sixth Avenue Railroad.—A
dispatch from Albany, Novi
20, said: The Railroad Commissioners refuse to allow the
Sixth Avenue Elevated Railroad to enlarge its capital stock
from $750,000 to $1,500,000, and declare the company’s esti¬
mates for construction too high.
They also condemn tlie
issue of $750,000 scrip by the company as unauthorized and
an usurpation.
The case is important on account of the,
bearings upon the law, which allows the Legislature to reduce
the fares on railroads whenever their profits shall exceed 10
part of the general plan of retrenchment. per cent of the cost of construction and improvements.
T>mes, are getting
Storm King Bridge.—The proposed bridge over the Hudson
J. Jewett received River at or near Fishkill seems to be an enterprise of much
$40,000 a year as President. John King, the new President, importance to the Erie Railway, the Pennsylvania, the Nev\r
declined to take more than $25,000, which is fixed as his salary. York & New
England and the West Shore. The following
Not only are salaries to be reduced where excessive in the
newspaper item purports to give the latest news of its progress:
judgment of the management, but superfluous officers are to
It has been decided to begin work on the bridge over the
be dispensed with, and the forces generally, where they will Hudson at Storm
King early in March, and it is estimated that'
bear it, cut down.
Who can say that Mr. King is not on the about a year and a half will be occupied in its construction.
right track, and for Erie an essentially new track ?
The cost will be not far from $5,000,000, a good part of which
Ohio Central. —The Canda Committee of the Ohio Central has been pledged at the East.”
Railroad Company have issued a circular to stock and bond
Syracuse Binghampton & New York.—This company’s re¬
holders in which they say that “ by a statement received from port, filed at Albany, shows the following :
gether.
This is
a
The officers of the Erie, as a rule, says the
the highest salaries in the country.
Hugh
“
the receiver of the Ohio Central Railroad the committee is
informed that the gross earnings of the main line from all
sources, including the terminal property at Toledo and the
rolling-stock belonging to the car trusts, for the year ending
Sept. 30, 1884, were $1,098,000; the operating expenses were
$754,5S6;
t
ie
amounts paid for taxes, rentals and l>etterments
$ro,500: the resulting net earnings were $267,513."
As the two committees on the re-organization of this com¬
pany do not agree in their terms, it is desirable that some
compromise arrangement should be made which will bring all
were
interests into harmony.
Pittsburg McKeesport k Youghiogheny.—At Pittsburg,
Nov. IS, the lease of this railroad to the Pittsburg & Lake
Erie Company was filed in the Recorder’s office. The lease is
for 999 years.
The building of the road was promoted by the
Lake Erie and Lake Shore
companies, under an agreement to
which William H. Vanderbilt was a party, he having
agreed
to advance the
$4,500,000 necessary to build the road, to be
Paid in stocks and bonds guaranteed by the Lake Erie and
Grose earnings for quarter
Operating expenses
ending September 30
$236,585
96,004
Net earnings
Other income
$139,070
Total income
Payments fir interest and taxes
$146,832
Not income
0,803
47,3 37
$99,495
Texas & Pacific.—Advices from Philadelphia report that at
a
meeting of Philadelphia bondholders of Texas Pacific, the
appointed to confer with Mr. Gould reported that
committee
they had asked him to be allowed to name the General Mana¬
ger, Vice-President and a majority of directors.
The only
concession Mr. Gould was willing to allow them was eight direc¬
tors out of seventeen ; to fund the coupons of Rio Grande
Division bonds ; the New Orleans & Pacific coupons to be paid
in cash and retain their lien. Mr. John C. Bullitt was appointed
to confer with Mr. Gould, and a meeting was to have been
held in New York on Nov. 21.
THE CHRONICLE.
582
[VOL. XXXIX.
COTTON.
Friday, P. M., November 21, 1884.
The Movement op the Crop, as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (Nov. 21), the total receipts have reached 258,774
bales, against 269,114 bales last week, 257,041 bales the previous
week and 277,470 bales three weeks since; making the total
receipts since the 1st of September, 1884, 2,220,759 bales, against
2,198,099 bales for the same period of 1883, showing an
increase since September 1, 1884. of 22,660 bales.
.
3£foje (Commercial jinxes,
:
v
.
COMMERCIAL
,v.
EPITOME.
Friday Night, Nov.
21, 1884.
in business circles this
and the little animation
that is apparent is about all that could be anticipated until the
New Year comes. A general movement has been in progress
reducing wages in manufacturing and mining sections, and
to some extent strikes and closing of mills have followed; but
an improvement in these matters is expected to attend the
beginning of the new year. The weather has continued
wintry, snow having fallen in middle and northern latitudes,
and it is announced that the canals of this State will be closed
No material change is to be noted
This is always a dull season,
week.
for the season on the 1st of December.
full
Mild coffees have been
...
...
Indiuuola, Ac.
New Orleans...
Mobile—
Florida
more
active at
•
«
•
.
Brunsw’k, Ac.
Wilmington....
MorolTd C.,Ac
West Point, Ac
....
....
Total.
2,412
21,967
5,759
1,027
....
....
....
9 25
002
775
....
....
*
361
....
361
75,869
11,386
3,585
....
....
4,525
1,099
36,093
767
767
6,832
32,975
327
327
860
5,494
750
750
6,721
6,363
6,620
....
....
220
£0
282
390
....
479
211
54.G
357
895
419
41,270
22,983
1,387
2,907
....
....
....
....
300
300
27
348
8,216
....
New York
415
Boston
Pkiladelp’a, Ac.
3,789
....
....
Balt more
....
....
....
4,833
Norfolk
3,052
.#
5,831
....
1,023
.
2,813
Fri.
7,5 45 17.160 12,436
914
911
1,560
3,585
5,594 5,191 0,089
14,371
9.816
...
5,931
Loyal, Ac.
.
....
....
....
5,29 J 19,007
2,6S8 2,258
3,423
5,022
4,715
•
5,611
Savanuali
Ft.
3,517
....
Charleston
speculative activity,
but as this was due mainly to increased offerings, a lower
range! of prices is naturally the result and the close to-day is
at 7*21 c. for November, 7-06c. for December, 7’OTc. for Jan¬
uary, ;7T3c. for February and 7*18c. for March.
Spot lard
has been quite freely taken, but at declining values, closing at
tf*10c. for prime city, 7’35c. for prime Western and 7*55c. for
refined for the Continent. Pork has declined to $13 75@$14
for mess. Bacon is decidedly lower, long clear having sold
pretty freely at 5%(26c. There is a further decline in cut
meats; pickled bellies 6%@7%c., shoulders 5%(o)6c. and hams
9%@i0c.f smoked hams ll%@12c., and shoulders 7@7%c.;
dressed are lower at 5%@6c.
Beef is dull and heavy
and beef hams have declined to $20 per bbl. Tallow is
less active at 6%c.
Stearine is easier at 7%c. and oleomarga¬
rine 734c.
Butter has remained rather dull, but choice grades
are firm ; creamery quoted at 21@31c.
Cheese quoted at 8
(<|l2%c. for factory. Eggs firmer at 2G@28c. for fresh. The
slaughter of swine at the West is thus far this season much
behind last year, but the colder weather this week gives it a
great impulse.
Brazil coffees have been advancing, in sympathy with Havre
advices and the rapid reduction of the visible supply.
Fair
cargoes of Rio closed at 10c.
The speculation in options cul¬
minated in an advance yesterday, and to-day there was a slight
reaction towards lower figures, with the close barely steady
and sellers at 8*45c. for Dec., 8 60c. for Jan., 8*70c. for Feb.
Lard futures have shown considerable
and 8‘80c. for March.
Galveston
Thurs.
IFetf.
Tues.
Mon.
Sat.
Receipts at—
200
32
51,482 38,643 31.601
41.333
69
....
Totals this week 29,397
8,487
22,988
65.8-18 258.774
For comparison, we give the following table showing the week’s
total receipts, the total since Sept.l, 1884, and the stock to-night,
and the same items for the corresponding periods of last year,
1884.
Receipts to
Hus
November 21
Week.
Galveston
Indiauola.&c
New Orleans...
Mobile
Florida
Savanuali
Brunsw’k, Ac
Charleston
Royal, Ac.
Wilmington....
Pt.
M’headC., Ac
Norfolk
West
Point, Ac
New York
Boston
Baltimore
Stock.
1883.
•
Since
Sep
1, 1834.
This
Since S“p.
Week.
1, 1883.
1884.
1883.
51 S45
96,164
21,967
274,220
23.265
3G!
7,676
131
75,869
11,3 ?6
3,585
36,093
575,972
77,675
631,021
92,309
13,364
116.978
14.982
21,857
2,585
15,057
1,401
430,105
28,469
387,510
707
6,710
314,762
321
32,975
15,453
81,079
327
1,217
925
.5,898
251,509
5,G5G
23
1,442
5,494
57,594
3,911
248,344
4,555
1,138
56,423
2o,C83
18,455
31,245
8,329
266.S70
99,785
7,857
22,830
2,700
5,391
750
41,270
22,988
141,325
1,387
2,907
7,091
27,614
2,390
300
745
146
6,710
-
310,611
C.G68
6,276
102
268,136 299,831
41,619
1,426
120,440 103,029
......
69,130
11,189
86.003
mm mmm
m
57,474
116,679 185.817
6,310
4 905
24.480
19,183
figures. Raw sugars have declined %c., and are now Pliiladelp’a.Ac.
306
348
9,007
7,087 11 453
quoted at 4%@5c. for fair to good refining, but refined, on a
Total
801,316 931,806
253,774 2,220,759 222,5 lo! 2,198,099
reduced production, have shown a fair degree of steadiness,
In order that comparison may be made with other years, we
©rushed being still quoted at 6%c., and standard “A” at 5%c.
below the totals at leading ports for six seasons.
give
Teas have been very quiet all the week.
1880.
1881.
1879.
1883.
1882.
*Kenjtucky tobacco has continued very quiet, but prices are Receipts at— 1884.
still very firmly held, remaining nominally at 7%@8%c. for Galvcst’n.Ac.
32.006
17.024
28,396
22,328
24,518
27,743
62.024
78,896
New Orleans.
65,760
77,675
44,987
75,869
lugs and 8%@ 12c. for leaf. Seed leaf also remains dull, espe"
14.406
Mobile
11,191
16,922
21,099
11,386
13,364
oially domestic, and prices are barely sustained. Sales for the Savannah.... 36,033 28,469 33.837 36 886 32,570 35,668
week have been 160 cases 1883 crop, New England, 12%@34c.,
29,197
25,928
CliaiT8t’n, Ac
16,378
25,973
33,302
27,309
8.189
9,141
8,300
including Havana seed ; 50 cases 1882 crop, New England, pri¬ Wilra’gt’n, Ac
5,693
5,235
6,244
64.258
43,953
Norfolk, Ac..
42,441
38,435
vate terms ; 200 cases 1883 crop, Wisconsin, Havana seed, 16(a
39,574
50,502
12,961
17,069
14,711
10,661
9,294
16,148
35c.; 150 cases 1833 crop, Little Dutch, private terms; 200 All others....
Tot. this w’k.
oase 1831-82 crops, Pennsylvania, 5@13c., and 150 cases sun¬
232,216
205,192 249,152
258,774 222,510 242,169
-
dries, 5@28c.; also 350 bales Havana at 80c.@$l 15 and 125 8ince Sept. 1. 2‘>20 759 2T98.099 2187.24“ 2123 044 2319.716 2134.998
Galveston includes LndUuoiii; Charleston inc,ud.es Port Royal, Ac.;
$1 20@$1 60.
Wilmington
includes Morehead City, Ac.; Norfolk includes West Point, Ac.
The speculation in crude petroleum certificates has been
The exports for the week ending this evening reach a total
fairly active, and prices, on the indications of a reduced yield of 198,558 bales, of which 125,378 were to Great Britain, 17,393
from recent wells, have been improving, until the decline of last to France and 55.787 to the rest of the Continent, while the
week has been nearly recovered, the close being at 72%c. stocks as made up this evening are now 801,316 bales.
Below
Refined* has been unchanged at 7%c. in bbls. and 9% @ 10%c. are the exports for the week and since September 1, 1884.
in cases.
Week Eri'ling Nov. 21.
Naval stores have been rather quiet, but at the
From Sept. 1,1884, to Nov. 21,1884.
Exported to—
Exported to—
close spirits turpentine advanced slightly, closing at 31% @
Exports
Great
Conti- Total
ContiGreat
Total.
32c., while rosins were firm at $1 25 @ $1 27% for good
France nent.
Week. Britain. France
nent.
BriVn.
strained. Metals have been without important feature, but
109.671
1,510
80,437
77,724
Galveston
10,230
1,510
4,812 22,532
at the close there is a slight upward turn to speculative prices New Orleans.. 36,539 8,399 12,478 57.410 157,109 64,827 101,810 323,778
3,295
2,479
2,479
3,295
of pig: iron.
Wool remains quiet, and hops have shown Mobile
Florida
depression.
70,001
Savannah
0,424
90,575 173,000
2,049 21,005 42,843
19,194
Ocean freight room has continued scarce, and rates have
144,351
Charleston*... 11,087
71,709
1,500 10,070 22.603
9,712
02,^30
ruled firm with an upward tendency throughout the week.
23,648
3,114
18,714
4,934
2,078
Wilmington...
1,036
Late grain engagements are 63. to Liverpool,
to Glasgow Norfolk-!
103,084
21.S15
0,305
90,778
21,815
and 6%d. to Antwerp, with charters to Cork tor orders at New York
7,334
02,232 228,804
3,335
5,2S9 15,958 151,032 14,890
5s. 3 i.@5s. 6d. for steamers, and 5s.@5s. 31. for sail vessels.
220
35.8S6
5.582
Boston
35,060
5.5S2
73,235
4 V61
Cotton to Liverpool at 7-32d. with a large movement on Baltimore...
2,921
3,050
21,324
1,800
1,001
21,102
22.493
1,699
1,180
through shipments. Petroleum charters are only moderately Philadolp’a,&3 1,180
active at 2s. 3d.@2s. 6d. to United Kingdom and the Conti¬
Total
125,378 17,393 55,787 198,558 753,970 100,413 883,403 1,242.852
nent; •2'*. 6d.@2s. 9d. to Cork for orders, and 2s. 7%b(3>2s. 9d.
1 000 779
oozin' 157 0 '1
Total 18S3.... 07.907 1^.241 1». 7S9 QO ojo
to Spanish ports;
18c. for cases to the Levant. Lower ratts
Includes e .pt r s .rora Port Royal, &c.
of freight are necessary to free shipments of grain.
+ Includes eipcr*s lrom West Point, &a
kis
bales Sumatra at
*
*
.
*
THE CHRONICLE.
1884.J
In addition to above exports, our
telegram 8 to-night also give
the following amounts of cotton on
shipboard, not cleared,
at the ports named.
We add similar figures for New York,
which are prepared for our
special use by Messrs. Carey, Yale
& Lambert, 89 Broad Street.
The Sales
Prices of Futures are shown
by the follow¬
ing comprehensive table. In the statement will be found the
daily market, the prices of sales for each month each day, and
the closing
bids.^ in addition to the daily and total sales,
us
21,
AT—
Great
B, Haul.
New Orleans....
Mobile
Charleston
Savannah
Galveston
Noifolk
New Vork
Other ports
Shipboard, not cleared-for
Fi'ance.
18,500
6.642
45,631
1,800
Nunc.
12,6(0
3,800
339
4,263
None.
5,775
1,304
2,950
2,000
1.774
None.
None.
69,341
18,038
34,224
None.
None.
2,400
12 UOO
400
None.
46.084
132,304
23,423
14u.5i5
41.238
19.345
80.342
f
Coast¬
wise.
42.915
151.911
To* al 1883
Total 1882
1
Other
Foreign
58,548
1,000
11,800
8.000
Total 1834.
I
®
Leavin
Stock.
Total.
1
E'
n
P OB’*
1
7**3
ffl
•
138,406
None.
4 000
111.529
65.975
235,404
515,912
9,439
206.404
260 523
for futuro
^*CO b
a
7s m©:7
®
C5
Ordin’y
Sat.
Jlon Tues Sat.
x^Ion Tues
t>B)J
Strict < ml..
Good Old .1
Btr. GM Ord
Low Miid’g
Btr.L’w Mid '
Middling...!'
f Shu
Fair.."
811.6
S-
j 9‘3j(5
9*3
97a
10*8
*2
0*8
.
;t15ie
|1
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Til. ! Frl. iWed
Til.
Frl.
11*4
11*4
U?8
H78
Wed
cc to
cr.-j
^
She I SLfi
Strict Ord..
878
S7b
Good Ord.. 97’6
9i hr: ! 5)1*16
97.6 ; 9*o
Btr.G’d Ord 91 3h 913.6 978
101,6 jlOhe
Low Midd’g 10*16 101,6 10^8
105.6 ilO^ic
Str.L’w Mid 10*4
10*4 i 10>,6 101o 110*0
Middling... i
10h6 I 10*0
1011.6 10M10
Good Mid..1
lOSg
10lllft 1O70 107d
Btr. G’d Mid
1013,6 107s
Ul,6 111,6
Midd’g Fair
118m 11*4
U7lft II ‘16
Fair
liuq. 1H3, „ 117r
1211R 121,6
jo
She
She ! S *4
85a
8H16
;
....
STAINED.
Sat.
Good Ordinary
Btiict Good Ordinary
Low
lb.
to -U
C rft
CO
©
CJ» J1
85,6
83s
9 *8
9*8
9%
93,fi
Middling....?
1 9h
7*1,6
913,6
Sh
8ka
95,6
915,8
Bat.. Quiet
Mon. Quit-t and sieady
Tues. Q’t&st’y, ijAadv
Wed
.
Dull at *8 adv
}Jx-
j Con-1 Spec-
port. sump uVVn
....!
112i
....
488i
1 © to;
*-*^1'—
© ©c ©
*-
....;
337!
110
FUTURES.
Sales.
112
71,200
1,38*
79.100
•■—! 34»i
••••
348 139,300
9oO
400
....‘2.043'
no
3.«53'072.!OO
3. woo
Total.
....
....
poo
The cUilv deliveries
given above aro actually delivered
to that oj wuiea
they are reported.
300
300
900
....
*212
—-! olG
Previous
Deliv¬
eries.
447 146.400
242 109,700
51G 126.400
Thura Steady
Fri. Quiet at ha adv..
.
900
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93s
days.
SALES OF SPOT A NIB TRANSIT.
SPOT MARKKT
CLOSED.
►
SB r+
:
.►<•••
M CO
©O c©
o*co
®
09
MARKET AND SALES.
on same
P
f>
The total sales and future deliveries each
day during the
week are indicated in the
following statement. For the con¬
venience of the reader we also add a column which shows at a
glance how the market closed
i>
2
^
*© ©:
m — --r *~i
C © oO
*-
95,6
910,6
ao
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1
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M o
^
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e
713,0
2
©01
11*5,6
713,6
COOC
U ©
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0
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ah
8716
87s
81J1 r. 8 *8
8*5,6
9* i,6 911,6
9\
934
10*8
101,6 101,6 10*8
10 33
19°,fi lOa,o 1030
loh
10’;g 10*2
10«,6
10lj
101',6 1011,6 10 34
lt>78
10'o,6 1 078
10*5,6
li ho Uh6 11*8
11*8
11 O3
117ig H7*G 11*2
12*0
121,6 121,6 12*8
758
-jiC
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9 he
103,8
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Oc o
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8 34
Til.
U
M M
Til.
Tucs AVed
C
tfr
W _>
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8*16
M iddling
8*2
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0$
00
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1103.6 103 6
|103a 10-q6 105,« 1038
10*3
109.6
103.6
j 1 o 34
lOUlP 10n16 K s4
1101 ° 1 f, 10^8
10 78
1015.6
1G
Wed
8*4
OO
co:
99
rr.
Mon Tues
8*4
834
3
Good Mid
Str. O’d Mid ]
Midd’g Fair ]
.
SaU
^
•
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tco»
P
K
to
Kcv. 15 to
Nov. 21.
•
5
^co§?
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^
99“ 9
0*1 '>*1 © cm
the market
TEXAS.
to
•
•
»
.
•
•
M M
®
•a
lation of stocks in store.
The total sales for forward
delivery for the week are 072,100
bales. For immediate delivery the total sales foot
up this week
3.053 bales, including
for export, 2,013 for consumption,
110 for speculation and 900 in transit.
Of the above, 29 bales
were to arrive.
The following are the official quotations for
each day of the past week,
' NEW ORLEANS.
©
*
w •
o
MM*.,-*
weak, under a check to
pared wicli last Friday the close is 18 ($ 21 points dearer.
Cotton on the spot advanced 1-lCc. on
Tuesday and %c. on
Wednesday, but the business continued on a limited scale,
mainly for home consumption. To-day there is a further
advance of 1-lGc. and middling uplands
close quiet at l(H<c.
The large exports ebntinuo to
prevent any important accumu¬
UPLANDS.
m
; 2.:
<
:
*
•
5:
».
•
1
OK)
To-day the tone was dull
speculative buying, but as com¬
and
>11
to
g-JD O
•
CO
CJI a?
sharp
contracts,
55
o
<1
a?
O
CO
and the close was weak.
Yesterday specu ation was dull and
values drooping, but toward the close there was a
having evidently been oversold.
1
;
o
® •
00
having been
early
advance on Tuesday was followed
by
a decline, and the closo
was lower,
except for early deliveries. Wednesday opened
buoyant, but fully one half the early improvement was lost,
cover
8:
i_j
—
-
estimates of tho out-turn of the current
crop of cot¬
ton and the revival of
speculative confidence arising there¬
from. On Saturday last an early advance was more
than lost
at the close, but on
Monday theie was a very buoyant market,
an advance of
15@ 19 points
made. An
demand to
CD
;
•
s'a.Eg
es-"®
mi
ov,
et-
©i
g.
gy,
gg&S
Q,
o
®
although each advance in pncos has been followed by some
re-action, there is in the aggregate a decided improvement as
compared with last Friday. A dearer market is reported at
Liverpool, and Southern markets have shown an upward
tendency; but the buoyant feeling that has at times been
exhibited on our Cotton Exchange was caused
mainly by the
reduced
on a
o
•
buoyant speculation in cotton
delivery at this market during the past week, and,
upward turn
*g
8°
t
: 17: r5
active and
an
pyX.-
:
OD
P W .
•
OO
There has been
m® ®
-
.
725 402
479 878
1
50
R.
© ®
,?
§2ff
m
a>
•
34,h26
20,451
5,150
S’®
OB
,
13 9S2
10,000
OB
_
53,879
85.5H>
34.900
17.019
48.729
CD © (J
14
123,730
1,000
30.200
14.29 L
^
©
p cio
:
2.G89
.
fill
g-8 23
®
OD
|
NOV.
and
do
SL
On
583
-*
November 22,
the
1,000
day
Includes sales in Sepieumer. Lttbl, for Sepicwoer, loS,2oo; tteptember-October, for October, 421.800.
gg&r* We nave mciuaed in cue above table, and shall contione each
week to give, tho average price of futures each nay for each month. It
will be found under each day following the abbreviation “ Aver.” The
for each month for the week la also given at bottom of table.
Transferable Orders—Saturday, 10’25o.; Monday, 10 45c.; Tuesday,
average
10*45c.; Wednesday, lO-ioo.; Thursday, 10*5jc.; Friday, iu*55c.
The following exchanges have been made during the week:
15 pd. to excli. 190 Jan. for Feb.
Even 500 Nov. for Jan.
2.4 pd. to exch. 200 Jan. lor Mar.
15 pd. to oxen. lOo Jan. lor Feb.
n9 pd. to f*xch. 100 Dec. for Jan.
09 pd. to oxch. 500 Dec. for Jan.
37 pd. to exch. G'‘0 Dec. for Mar.
14 pd. to
•15
pd. to exch. 100 Jan. for Feb.
03 pd. to excli. IOO ./an. for Nor.
I
Even 100 Nov for Jan.
|*I4
i*d. to exch. 30o Jan. for Feb.
an. lor Not*
j *03 pd. to exch. l.Ouo
I
•
13 pd u> exch. 5oo J;m. for F^b.
12 pd. to exeb. 100 Jan. for Feb.
exch. 100 Jan. for Feb.
I
$
[VOL. XXXIX
THE CHRONICLE.
584
The Visible Supply of Cotton
and telegraph, is as follows. The
bales less than at the same period last year.
The receipts at
the same towns have been 28,030 bales more than the same
to-night, as made up by cable
Continental stocks, as well as
those for Great Britain and the afloat, are this week's
and consequently all the European figures are
to Thursday evening.- But to make the
towns are
brought down
totals the complete
figures for to-night (Nov. 21), we add the item of exports from
the United States, including in it the exports of Friday only.
bales.
Stock at Liverpool
Stock at London
Total Great Britain
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp".
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Genoa
Stock at Trieste
stock
.
1883.
1882.
432,000
54,000
46,000
485,000
78,500
477 COO
478,000
4,000
33,400
2,000
50,300
33,000
38,o00
3,500
900
stocks
Total Continental
1884.
423,000
Total European stocks ....
India cotton afloat for Europe.
Amer’u cott’u afloat for Eur’pe
48,700
12,700
Galveston
New Orleans.
Mobile
Savannah.
Charleston
...
970
2,090
201,290
237,610
762,300
76,000
764,700
495,000
519,000
55,000
931,806
313,592
44,000
740,401
218,190
28,300
732,510
68,000
414,000
33,000
901,086
325,903
6,600
23
728,000
Egypt, Brazil,&c-.,aflt for E’r’pe
8tock iu United States ports ..
Stock in U. S. interior towns..
494.900
22 D00
4,300
251,030
6,000
-
44.000
CLOSING
Aoc. 21.
35,000
6,<)00
9,000
4,500
132,000
49,000
610,000
33,900
700
..]
126,000
3,500
13,800
.
.
|
Norfolk
|
Boston
Baltimore—
3,850
Philadelphia.
Augusta
Memphis
St. Louis
Cincinnati...
Louisville
Tnes.
Weil nes.
Fri.
Thnrs.
Mon.
97a
978
9^8
10
10
10*
915ir
10
lobe
10*8
10*8
9=H
9 34
10
978
9^8
97a
97s
10
10
978
'
9 * ^ 15
978
978
91>Ji0
10
01516
IO?
10
10
loi4
10*8
10 *2
9*8
10%
10*4
10*6
9%
9^4
103s
10*4
10*6
9%
9^8
9^4
9^4
9%
9%
934
9%
93i
934
....
QUOTATIONS FOIi MIDDLING ‘COTTON ON —
Satur.
10
Wilmington ..j
4,000
95,000
Cotton at Other Markets.—
day of the past week.
1881.
1,400
116,000
2,700
30,000
8,200
6,200
1,700
135,000
6,000
23,000
6,000
8,000
Quotations for Middling
-
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
456,000
563,500
2,600
24,900
8,500
the
and since September 1 the receipts at all
151,991 bales less than for the same time in 1883.
week last year/
returns,
.
le
978
10lle
ift
915ie
10-10116
10*16
10
10
10 Le
10
lOhs
lO'he
10*6
10%
10%
934
1C)*6
10%
10
30
10
J ()
10
10
10*8
1
0*4
10*6
103g-10*S
10%
9^
10%
934
9%
10
9?4
iO
10
Receipts from the Plantations.—The following table is
prepared
for the purpose of indicating the actual movement eachUnited States exports to-day..
.veek from the plantations.
Receipts at the outports are some¬
Total visible supply
2,155,731 2,650,298 2,109,591 2,481,099 times misleading, as they are made up more largely one year
chan another at the expense of the interior stocks.
Of tlie above, tlie totals of American and other descriptions are as follows:
We reach,
American—
therefore,
a safer conclusion through a comparative statement
220,000' 350,000
231,000
228.000
iB
Liverpool stock
like the following.
In reply to frequent inquiries we will add'
108.000
87,000
188,000
111,000
Continental stocks
414,000 that these figures, of course, do not include overland receipts
519,000
495,000
610,000
American afloat for Europe...
901,086 or Southern
710,401
931,806
801,316
consumption; they are simply a statement of the
United States stock
325,903
218,190
313,592
212,415
United States interior stocks.
weekly
from the plantations of that part of the crop
movement
6.600
28,300
16,600
11,000
United States exports to-day
which finally reaches the market through the outport3.
80.,316
212,415
11,000
16,6 30
..
.
..
..
..
..1,973,731 2,175,998 1,812,891 2,105,589
East Indian, Brazil, die.—
Liverpool stock
..
..
..
afloat
Egypt, Brazil, «fcc.,
78,500
103,000
38 900
Week
114,200
129.610
Ending—
201,000
46,000
96,300
76,000
265,000
54,000
140,000
49,000
95,000
68,000
44,000
55,000
44,000
33,000
195,000
..
London stock
..
RECEIPTS FROM PLANTATIONS.
375,510
596,700
474,300
482,000
..1,973,731 2,175,998 1,812,891 2,105,589
.
Total visible
Price Mid. Upl.,
..2,455.731 2,650,298 2,409,591 2,431.099
6*2*1.
6*6(1.
53*d.
515iod.
supply.
Liverpool
jy The imports
63,000 bales.
figures indicate a decrease in the cotton in sight
to-night of 194,567 bales as compared with the same date of
1833, an increase of 46,140 bales as compared with the corres¬
The above
ponding date of 1882
compared with 1881.
At the Interior
movement—that is the receipts
Total,
all
(8 £7 -E
X
P
-*■
©
c-5
X x
s
<rh
O
x X
x X
32
2.U
rt
X
*
as
•
•
•
•
towns.
o
=£<2 5 5
| = ’J
111?
/=r
.qrcfr■* ^
;
;
O.
;
:
:
r. s r1 x
f 5
-
: >:
x
*
.
.
.
•
■
•
35 33
x x
i
•
•
•
•
•
.
■
•
X..
O •
•
H!
©8 2.? X.©r*0 S 5*
M-
X S3 •' X
x
•
—
S
x •
•
17
“
24
“
31
14
“
21
70,802 137,530
49,
200,130 228,897 ’205,313
242.329 257.270 242,289
241,7.38 232,845 285,112
250,023 241.921 277,470
203,251 207,604 257,041
7
“
10, 864
95,075
125,039
139,317
175,093
29,OS l! 37,728: 10,851)-
69,701!
20, 427: 53,108'
40,187
24, 317: 88,093 113,009 : 84,627
30, 155* 153,110 155,631 130,301
497^210,123 197,219 182,063
104,915 08, 108 224,949 250,270 223,924
202,970 , 92, 054 271,093 295,3 31 260,835
230,986 129, 511U35G. 010 283,861 321,909
270,734
150,0381292 3931281,009'304,017
211,740 313,249 171
9901298,899 304,119 275.979-
970 291,537 272,758 293.C83
1259,151
242,078 209,114 244,123 343,9291198,
‘242,169 222,510 258,774 259,175 359.718 229, 539*257 2211238,329'289.343
from
receipts at the outports the past week
from plantations was
258,774 bales, the actual movement
289,343 bales, the balance going to increase the stock at
the interior towns.
Last year the receipts from the plantations
for the same week were 238,329 bales and for 1832 they were
257,221 bales.
Amount of Cotton in Sight Nov. 21.—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
substantially the amount of cotton now in sight.
£ *£ O ^
O fi ^ < & "v O 'A
**
O
P- £2
^
B
§ old !*
“’o'
S*:#**’
?:-n
—c
>'X
|
2
5>
[Total,
1
“
10,519 53,'570
19,115 58,989
29,985 75,179
40,022 105,778:
2.—That, although the
1
o
10
10,337
49.5121 04$48
77,2231 90,819 , 80,737
130,4791125 032 118,463
179,S831105,401 d08,72l
i
18S4. I 1882. J 1&83. I 1884.
18S2.
42,024
3
“
were
period of 1883—is set out in detail in the following statement.
r-t
20
I 18S3
1884.
2,433,OSS bales;
and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
H
“
i 1883.
The above statement shows—1. That the total receipts
the plantations since September 1, 1884, were
in 1883 were 2,508,691 bales; in 1882 were 2,429,930 bales.
for the week
Cj & Cl 5C ^
tzr*o *■+
10
Nov.
and a decrease of 25,368 bales as
Towns the
“
Oct.
this week have been
into Continental ports
12
1882.
1 28,088 33.308
Sept. 5
“
Receipts at the Ports. St'kat Interior Towns. Itec'pts from Plant'ns.
V.
3!
r—*
M
CO
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Cl
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The above totals show that the old interior stocks have
inc‘) eased during the week 30,435 bales, and are to-night 101,177
93,857
59,000
126,083
45,000-
takings to
384,555
523,452
470.998!
58 ?,129
with 1881, 34,405 bales.
Weather Reports by Telegraph.—The weather continues
to favor crop-gathering, and reports that picking is approach¬
ing completion are becoming more general. There has been
killing frost over a large portion of Texas, but, as our cor¬
respondent remarks, with little actual damage, as the crop
had been about all secured in those sections.
Killing frosts
are also reported at FortJSmith, Arkansas; Auburn, Alabama;
compared with 1882 is 1,430 bales, and
Georgia.
Gaiveston, Texas.—It has rained on one day of the week,
the rainfall reaching fifty-five hundredths of an inch. The
thermometer has averaged 64, the highest being 74 and the
lowest 48.
1
1
CO
to
4**100 ©MM
OI
4* © © CO © © tO
© 1 M © M tO © O M
h*
b-
M0C©4*
126,859
59,0 JO
sight November 21. 2.581,357 2,694,550 2,582,787 2,615,762
and Atlanta.
8
Oo
CO
00
*
M
h-*
%
r;
rt
to moo 4- *1JW4-X
f* X X 4* *1 CC © *4 ©
M©w'©Ul©*lboaD© — ©C04»M-|©M©
-no O’ x © *4 w © © ©co © 03 © to © x © ©
XX*JC0 © M *-X©tC M.© *4 X w to CO 4- CO
© M to 4* © M to MCI
m
-
**i
>«
if-
O'
*
to?r
4*
© © to CO — to
CO © © *| M© tC X
50,000
It will be seen by the above that the decrease in amount in sight
to-night, as compared with last year, is 113,193 bales, the decrease as
*-1
cc 4* © a 4- x to
© *1 ©M CO© CO OT
98.274
Southern cousumpt’n to Nov.l
Northern spinners’
November 21
>3
>—
1-1
©
8
c>
to
© x to yi <1 m
M
M M CO
In
bo
to
^ ;
G' 3c
*1 ©C © 00X 0*1 © ©
to CO to CO — © Oi X to X
1881.
2,433,083 2,508,691 2,429,930 2,444,679
Tot. receipts from planta’tns
Net overland to November 1..
Total in
?
tO X MOD to tO *1
GCO'iMMtO—*mm*4co
M
M
to
j
Oq
3
to
I-1
©
)-*
C
4* *1 CO 4* ©
h*
to
M
to
CO
©
©
CO
©
-1
If*
to
M
M
M
©
1882.
Receipt s at the ports to Nov.21 2,220,759 2,198,099 2,187,240 2,123,044
Interior stocks on Nov. 2L iu
242,690
321,635
310,592
212,324
excess of Septemb r 1
!2
3
1883.
rain on one day of the
hundredths of an inch.
Picking is progressing finely. The thermometer has averaged
lndianola, Texas.—We have had
week, the rainfall reaching thirty-nine
62, ranging from
46 to 75.
Palestine* Texas.—There have been showers on three days
of the week, with a rainfall of sixty-six hundredths of an
inch. We have had two killing frosts during the week; the
plant is killed, but the
actual damage amounts to little, as
November 22,
THE CHRONICLE.
1884.]
about all the crop had been secured.
The
contined to the northern three-quarters of
killing frost
India
was
585
Cotton
Movement
from
Ports.
all
We have
—
the State. The re-arranged our India service so as to make our reports more
thermometer has ranged from 32 to 72, averaging 53.
detailed and at the same time more accurate. We had found
New Orleans, Louisiana.—It has rained on one day of the
it impossible to keep out of our figures, as cabled to us for the
week, the rainfall reaching eight hundredths of an inch.
other than Bombay, cargoes which proved only to be
ports
The thermometer lias averaged 62.
shipments from one India port to another. The plan nowShreveport, Louisiana.—Daring the week the rainfall has followed relieves us from the
danger of this inaccuracy and
reached one inch and seven hundredths.
A cold wave passed
keeps
totals
correct.
the
We
first
give the Bombay statement
over this station the latter part of the week.
Average ther¬ for the week and
year, bringing the figures dovTn to Nov. 20.
mometer 53, highest 76 and lowest 32.
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
Vicksburg, Mississippi.—The weather has been cold and
dry with no rain during the week. About two-thirds of the
Shipments this week. Shipment* since Jan. 1.
Receipts.
crop has been picked, and one-half marketed.
The thermom¬ fear Qreat Conti¬
Conti¬
This
Great
Since
Total. Britain
Total.
eter has ranged from 31 to 70.
nent.
Week.
BriVn. nent.
Jan. 1.
Columbus, Mississippi.—It.has rained on one day of the
1884 2,000, 7,000 9.000 507,000 653,000 1,160,000 6,000 1,590,000
week, the rainfall reaching eighty hundredths of an inch.
1883 6.000 4,100 10,000 160,000 787,000 1,247.000 20.000 1.649.100
LiPle Rock, Arkansas.—Monday, Tuesday and Wednesday 1882
2,000| 4,000 6,000 731,0001624.000 1,405,000 15,000 1.6S3.C 00
were cloudy with rain on two days, and the remainder of the
1881
914.000 19.000 1,258,000
1.000 11,000 12,000 33 i.OOO!580,000
week lias been clear and pleasant. The rainfall reached thirtyAccording to the foregoing, Bombay appears to show a
eight hundredths of an inch. The thermometer has averaged decrease
compared with last year in the week’s receipts of
51, the highest being 69 and the lowest 31. Last week it was
14,000 bales, and a decrease in shipments of 1,000 bales, and
cloudy on three days, with very light rain on two, and the the
shipments since January 1 show a decrease of 83,000 bales.
rainfall reached live hundredths of an inch.
The thermom¬
The movement at Calcutta, Madras and other India ports for
eter ranged from 35 to 63, and averaged 54.
the last reported week and since the 1st of January, for two
Fort Smith, Arkansas.—We have had rain on one day of
years,
has been as follows.
“Other ports” cover Ceylon,
the week, the rainfall reaching two inches and thirty hun¬
Tuticorin,
Kurracliee
and
Coconada.
dredths, and doing some damage to the unpicked cotton. We
had heavy black frost on the morning of tlie 19th.
Cotton is
Shipments since January 1.
Shi]) m cuts for the week.
being marketed freely. The thermometer has ranged from
23 to 79.
Great
Britain.
Helena, Arkansas.—The weather has been cold and dry
during the week, with light rain on one day, the rainfall reach¬
ing four hundredths of an inch. Cotton receipts are about
900 bales behind last year, and the staple is about all out.
Planters are.marketing freely. The thermometer lias ranged
from 34 to 72. averaging 44.
Memphis, Tennessee.—We have had light drizzles on four
days of the week, the rainfall reaching sixteen hundredths of
an inch.
Picking and marketing are making good progress,
and in some sections picking is virtually completed.
The
receipts this week are the largest on record. Average tliermonieter 53, highest 70 and lowest 36*5.
Nashville, Tennessee.—We have had rain on one day of the
week, the rainfall ivaeliing nineteen hundredths' of an inch.
The thermometer lias averaged 50, the highest being 63 and
.
1
Calcutta—
'1884
1883
Madras—
1884
1883
All others—
3 8-4
1S83
Contineat.
....
.
-
.
....
-
3,0.' 0
3,500
1.000
5,000
.
....
1,700
1.500
Total all—
1884
1883
Total.
•1,500
6,000
Great
Britain.
Continent.
Total.
82,500
42.700
86,200
10,300
125,200
97,000
29,6'JO
1,000
30,600
56.000
56.000
72.800
42.000
114.S00
47,000
17,000
61,000
211,300
81.70 O
28.800
296,000
162,800
191,600
The above totals for the week show that the movement from
the ports other than Bombay is 6,090 bales more than same
week last year.
For the whole of India, therefore, the total
shipments since January 1, 1834, and for the corresponding
severely on one day of the periods of the two previous years, are as foMows:
EXPORTS TO EUROPE FROM ALL INDIA.
week and has been showery on one day, the rainfall reaching
one inch and twenty-three hundredths.
We have had frost,
1883.
1882.
188 4.
but not killing.
Picking progresses finely. The thermometer
Shipments
This
This
has averaged 56, ranging from 36 to 72.
Since
Since
Since
This
to all Europe '
week.
week.
Jan. 1.
Jan. 1.
Jan. 1.
week.
from—
Montgomery. Alabama.—We had much needed rain on two
days m the eariier part of the week, but the latter portion has Bombay
9,000 1,160,000 10,000 1,247,000
6,000,1,405,000
been clear and pleasant.
191,600
The rainfall reached sixty-nine All other ports. 6,000 206,000
2.0001 293,000
hundredths of an inch.
The thermometer has ranged from
10,000
1.456.000
8,000'
Total
1.438,600
1,698,000
15,COO
42 to 74. averaging 56.
Selma, Alabama.—The days have been warm but the nights
This last statement affords a very interesting comparison of
cold during the week, with very light rain on one day. Aver¬ the total movement for the three years at all India ports.
age thermometer 51, highest 65 and lowest 35.
Alexandria Receipts and Shipments.—Through arrange¬
Auburn, Alabama.—It has been showery on two days of
the week, the rainfall reaching eighty-four hundredths of an ments we have made with Messrs. Davies, Benachi & Co., of
inch. We had killing frost Thursday night. The thermometer
Liverpool and Alexandria, we now receive a weekly cable of
has averaged 54-8, the highest being 73-5 and the lowest 35.
the movements of cotton at Alexandria, Egypt. The following
Madison, Florida.—ft has rained on one day of the week, are the
receipts and shipments for the past week and for the
the rainfall reaching fifteen hundredths of an inch. We have
corresponding week of the previous two years.
had frost, but not killing.
The thermometer lias averaged 59,
Alexandria, Eaypt,
ranging from 39 to 75.
1882
1883.
1884.
November 19.
Macon, Georgia.—There has been rain on one day of the
week.
About all the crop has been secured, and about twoReceipts (cantars*)—
the lowest 37.
Mobile. Alabama1..—It has rained
•
tliirds marketed.
180,000
200.000
This week....
170,000
1,002,000
676,000
Since Sept. 1
1,013,000
Georgia.—We have had light rain on one day
of the week, the rainfall reaching thirty-four hundredths of
This
Since
This
Since
Since
This
1
week. Sept. 1.
week. Sept. 1.1 week. Sept. 1.
an inch.
Average thermometer 53, highest 68, latest 32.
Savannah, Georgia.—It has rained on one day and the re¬
(bales)—
mainder of the week has been pleasant
The rainfall reached Exports
10.000 76,000;
7,000 65,000' 10,000 46,000
To Liverpool
4,000
9,000 23,000, 4,000 25,000j 3,000
To Continent
sixty hundredths of an inch. The thermometer has averaged
59, the highest being 71 end the lowest 48.
19,00C 99,0001 11,000 90,000' 13,000 50,000
Total Europe
Augusta, Georgia.—It has rained lightly on one day, and
A cantar is 98 lbs.
the remainder of the week has been pleasant. The rainfall
reached twenty-four hundredths of an inch.
This statement shows that the receipts for the week ending
About all the
crops lias now been secured. Ginning has been delayed by Nov. 19 were 200,000 cantars and the shipments to all Europe
scarcity of water, occasioned by the recent dry spell. It has 19,000 bales.
been impossible to run either steam or water gins, thus caus¬
Manchester Market.—Our report received from Manchestt r
ing a large accumulation of cotton in gin-liouses throughout
the country to be ginned and marketed yet. The season has to-night states that the market is firm. We give the prices
been good for picking, and the product is remarkably good for
to-day below, and leave previous weeks’ prices for com¬
and clean. The thermometer has averaged 55, ranging from
parison.
Cdambus,
*
40 to 74.
Atlanta, Georgia.—It has
rained
two days of the week,
the rainfall reaching one inch and four hundredths.
We had
the first general killing frost this morning. The thermometer
has averaged 52*7.
Charleston, South Carolina.—It has rained on two days of
the week, the rainfall reaching fifty-three hundredths of an
inch. Average thermometer 59, highest 73. lowest 48.
Stateburg, South Carolina.—It has rained lightly on one
day. and the remainder of the week has been pleasant. The
rainfall readied iifteen hundredths of
mometer lias
an
inch.
The ther¬
averaged 55 6, ranging from 39 to 68.
Wilson, North Carolina.—We have had no rain all the
week. The thermometer has ranged from 38 to 66, averaging 53.
1883.
1884.
on
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5S6
THE CHRONICLE.
Weather Record for October.—Below we give the rain¬
fall and thermometer record for the month of October, and
previous months of this year and the two preceding years.
figures are from the records of the Signal Service Bureau,
except at points where they have no station, and at those
points they are from records kept by our own agents.
July.
Rainfall.
July.
September.
August.
CCm
3-87
16
4-90
17
295
10
2-91
9
4'53
18
017
2
603
9
8-0?
12
0-47
4
3-79
10
■
i»avs of rain
Macon.—
Rainfall, in
.
Days of rain.
Davs of rain.
934 10 53
Lin..
Days oi r «in.
And rsnnvillc—
Rainfall, i
..
Days of rain.
.1
LOUISIANA.
New Orleans.—
Rainfall, in..
Days of rain.
Shrcveimrt.—
Rainfall, in..
Days of rain.
Grand Coteau—
Rainfall, n..
Days of rain.
Days of rain.
Rainfall, in..
Davs of rain.
Brookhav* n—
Rainfall, in..
Dat a of rain.
•Greenville*’
RuiniaL, ip..
Days of rt»in.
ARKANSAS.
4Little Ilock.—
Rainfall, in..
Days of rain.
335
9-40
2-29
3-55
7-45
1 51
12
4
4
10
9
5
2-71
4
5-10
9
105
3
1-85
12
9
0-95
3
9-85
20
704
11
3-22
9
408
12
707
11
0-78
10
6-79
11
902
900
15
9-80
12
013
12
701
2-46
18
1-75
11
8
4-47
10
906
12
5-94
9
11
4
1-23
4
3-80
15
3 07
12
Davs of rain.
Palestine—
Rainfall, In..
Davs of rain.
New Ulm—
151
4-31
4
14
6-13
10
Fort Elliot—
O
6-58 12-39,12-39
12
10
10
0 15
7-73
9
7-91
3
5-30
12
2-OS
2 00
10
4-34
357
4-00
9
14
3
11
4-53
8
82 )
22
305
5
050
10
5o;>
17
1-00
2-7o
1-73
0
4
4-42
7
0-77
18
1-14
4
8-48
7 33
9
3-98 15-30
10
10
7-9)
11
5-23
10
6-40
10
310
8
501 10-40
15
....
952
18
13
.
5-38 10-50
7
lo
893
14
309
5*35
13
...
9
t
.
f
t
f
7-25
8
4 25 10-70
8
16
1L
1
12
7-67 15-12
3
13
9-60
9
380
5
0-cl
245
1-63
2
9
0
.
.
.
1
6-38
000
3'514
10
0
10
5'81
0
932 11-03
6
12
2 30
.12
E-85
8
0-35
0
0
(
.
„
^
^
t
.
.
7
1-61
5
5-49
15
0-99
2-90
3 39
o-oo
3-41
3'29
5
10
4
1
8
0
4-33
0-70
9
3
279
7
1-68
7
.
1-70
10
1-88
10
4-22
10
3-29
9
241
7
6-67
5
5-7
15
on
10
2 12
4
0-02
1
1-33
3-33
9
325
12
2-21
10
3-86
17
4-36
8
210
12
4-72
18
4-21
4
4
242
Rainfall, in..
Rainfall, in..
Days nf rain.
Rainfall, it..
Days <n rain.
101
612
2-00
9
0
12
12
258
7
4-«5
10
3-68
13
4-50
3-5 5
2o
8*11
10
5**28
L5
13
9-41
15
3 27
4
O'28
1-30
3 30
8
2
0
Rainfall, in..
Days of rain.
Rainfall, in..
0-70
3'23
4
0
5-23
455
255
lo
11
7
7-42
8
2-29
5
2-92
3 03
14
1-51
7
4 0
12
231
7
255
0-07
4 35
7
4
11
1-72
5
3-03
4'50
3
8
•1-
8
2T.8
14
3
0-90
5
7 20
5
7-80
4-7?
0-18
0-155
7
11
l
3
812
5
2'84
2-41
lo
5-77
8
8-73
7
l*s
411
5 91
10
0
0-62
**
11
4-11
....
.
.
.
O
•
•
•
•
160
....
1-20
5
4--8
0
1-41
4-03
14
9
2*90
3
0-25
2
0-85
4
1**0
7
1 37
2"85
4
4
•11
1
2*10
5
568
7-28
4-39
4-12
17
8
11
9
337
8-14
17
3-03
5
2 77
9-37
0-L
3
10
n
9
8-33
19
.
13
8-01
13
31L
8
8
.
Average
Lowest
A verage
13
r
*
5-5?
19
11 09
....
f
r
„
3-83
15
22
„
.
....
2 SO
0-87
11
305
8
0-29
2\
11
10
4*90
3 31
P-52
1-26
5-88
13
9
24
10
074
12
5-38
14
0
2-OS
9
Highest
Lowest
Kitty Ha wk—
Highest
7-20 10 32
8
13
0-23
10
....
1-87
4
2-0
7
2-10
8-70
21
1-78
0-00
1
4 05
0
5'36
0-84
5
8-29
u
7 28
1-25
2
o-os
14
2-26
5
1-50
0
2-20
3
3-80
3
2-24
5-51
1-95
0-00 327
0
5
H
1-85
4
0 00
0
1-20
8
4*03
8
4tS0
0
2'0'
7
0
4
7 92
0-57
301
2-14
4
4
3
4
7
•
•
•
0-50
12
1-55
7
0-32
2
•
•
•
•
%
•
•
•
0-62
5
0-12
....
4
....
....
.
....
...
4"65
3
.
.
.
■»
*
'
f
*
-
-
225
9
518
7-11
9
3-89
7
1-78
7
3-51
8
4-97
9
3"lS
9
5-45
10
5-32
13
1 °
0-8-1
5
POO
8
201
10
,
•
•
•
333
6-81
15
20
087
8
412
11
1*75
5
5
3-12
0*25
12
3
1-59
7
5-00
10
3-43
7
Alt rust.
3
2-85
5
0 22 11 38
4
15
1'99
0
4
1-97
6
1-7
3
0-42
0
a.
1*10
3
2-60
4
103
6
4-00
11
3-61 10- 1W
12
18
2-75 13 3*
13
U
....
4-55
4-67
8
12
5-30
0
435
10
100
3
Rainfall, in..
598
Davs of rain.
8
....
i
2-10
8
7-30
0
310
5
.
503
0
1-80
8
,
,
.
2-10
8
1-29
3
7-53
3
097
3
111
0
0-54
0
3-81
D
8
0 97
8
■
•
.
2-30
7
1-05
5"8‘:
7
O
1*11
b
.
t
....
.
.
•
4-42
17
5 12
8
3-30
7
!
95-0
92'4
9L5
92-0
80-4
(53*0
04*0
010
04-0
77"4
79 0
770
7(50
702
77-3
580
73 9
850
550
70-5
94-0
<57-0
7 j"7
970
0m*5
81*5
03-0
06-0
780
90-0
03*3
70-9
90-5
02-t)
782
930
70-0
79-0
890
57-7
75 "2
5)0-1
590
72-1
89
97-0 102-0 100-0
i>4() 02-0 03 0
70-8 79'6 780
92-0
02-0
75*4
5)6-0
54-0
75*5
9>-0
04O
78-0
95-0
f 2*0
74-7
80-0
520
090
94-0
530
5)2-7
5)0-5
03-9
750
00-5
88-3
87-5
03O
HI-;
59 0
75-0
75-1
5*2 0
01-0
70-4
91-0
70-9
85-0
85-0
55-0
(57-0
05-u
72 0
91-0
03-3
760
5H-0
07-0
77"5
92 0
55 u
70 0
89-0
585
70-8
5*3-0
030
78'8
5)5-0
94-0
65)0
80 2
90-0
5s-0
09-4
91 0
(51-0
79-1
87 0
55)0
732
5)0-8
07-Hl
780
5)0-0
05-0
79-
5)7 0
680
8L-7
89-4
(>_’•<)
77 2
900
53-0
900
91'4
02-5
45 2
93-0
530
74-3
700
71*2
09()
83-0
520
69 5
92'f* 1000
96-0
5
-0
50-0
87 0
50 0
90-0
7U'9
clO
5S-C
7< 0
91-0
GO n
80 "7
92 0
o .-o
980
54-0
750
88-0
020
71-9
70-0
700
085
88-0
00 0
740
800
35)0
630
5)00
57-0
01-7
80-0
5 tO
720
85*0
58o
73 0
5)8-0
0 <-5
80't;
5)5-0
00 0
770
5)1-0
OiVO
050
5)3 0
0S-U
08-0
81-1
820
80-2
95*0 lOI'O
«9'2 730
82'g b3"4
940
457*0
00 0
verage.
75-0
•
•
.
...
....
......
Highest
Lowest
Average
Lowest
Average..
Columbia—
..
Highest
«...
990
«*.
.
08-0
75 0
91-0
5)4-0
00- .-
•
•
•
.
...
.
.
t
.
do
9
t
.
.
„
.
.
...
152 0
91-0
oo-o
77'5
70-2
990 1000
0515 7L7
8jO 83-4
5)1-0
62-8
79-2
79-1
5)0-4
Average
Savamuih.—
910
00-0
70-:
89 0
78-0
95-0
020
80-0
Highest
Lowest
900
085
99"5
720
Average
82-4
84-4
04 5
07-0
81-5
93-0
72 0
80 0
970
72-0
93 0
07-0
b2'0
930
So-0
39 2
040
80-0
471
02 2
810
47-0
641
925
40 7
08‘5
90-0
48-0
66 0
810
47-0
07-5
95-0
33-0
03 7
88-0
72-0
82-0
380
033
89-5
54-0
730
86-0
88-0
42-1
490
71-0
008
03-8
810
455
05-4
45)4
91-8
51-0
0y5
88 0
540
700
5)1-9
36 0
00 4
85-0
40-0
01-0
81-0
40-5
G3-4
800
830
83-0
80-0
43-0
40O
09-0
57 1
41 "0
08 0
790
350
00-0
321
14
1-47
7
1-08
5
4-84
11
3 73
12
5-40
10
4
265
9
1-60
3
2-30
9
5-00
o
...
340
4
3"°3
5
2-60
5
1-10
3
0 70
3
5'55
j3
7-85
11
5-00
7
6-05
8
...
5 03
7
for Green© Sd ings.
112
g
P32
3
*
T
t
t
t
11
.
„
„
^
450
02O
91-0
00-0
72>
53 "U
72 0
5)10
31) 0
0)0
85-0
<•40
3 >•()
88-0
0<0
90-0
450
05-8
45 0
02-4
810
30 0
04-0
420
05'3
980
Os-0
799
5)0-0
88-0
58-n
700
*
..
»
t
34-0
-
....
87-0
450
730
87-0
50'0
88-0
87-0
770
53 0
720
91*0
300
08-4
95-0
03 0
70-9
1)4-0
(5 40
5)1-0
57 0
92-0
380
70-0
49-0
70-4
90-4
5S-3
74 0
03-5
79-3
94-5
55*5
738
870
060
74-2
87-5
522
74-9
90-0
5 f()
717
91-0
50-0
75-1
92-0
000
77-4
92-5
95-0
83-2
090
7o-7
05"5
80-8
90-0
00-5
80-7
00-5
704
90-0
610
74 8
91-0
02-5
77-1
92-0
445
70-0
91-5
54-2
TOO
5)3-0
05-0
80-0
96-0
0f>O
800
950
74-0
84-0
940
720
83-0
90-0
590
80 0
02"'i
5,3-0
78-U
920
620
81-0
900
320
730
880
520
730
96-0
060
81-0
91-0
5)10
620
77o
940
00 0
520
750
92-0
55-0
750
5)0-0
560
740
93-0
36-0
78-0
91-0
03 0
79 0
900 830
4f0 400
090 •690
93-0
03-0
78-0
93-0
04-0
&0'0
90-0
oo-o
770
5) CO
58-0
70 0
93-0
58-0
75-0
83-0
4,TO
050
93-0
520
730
90-0
5uO
72-0
880
53-0
720
87-0 840
44-0 ,42 0
070 07O
940
72-0
81'4
5)8-0
740
83-8
94"!
08-i
78-3
5)6-0
080
79-5
94-0
05 0
79 5
92-0
70-0
78-7
900
620
727
900
900 100-0
62 0 38-0
75-8 850
960
53-0
Average
73-5
Augusta.—
Highest
95-0
00-0
77 7
5)20
05-0
820
47 0
00-8
490
04-8
Average
93-8
*'40
84-3
425
078
0y2
Atlanta.—
1
lighest
Lowest
Lowest
Highest
Average
Forsyth.—
Highest
Lowest
Average
AruUrsonvillc
Highest
Lowest
Average
05*4
000
5)0-8
33-0
078
74-1
r
80-0
510
oo-o
._
.
84-0
040
79-0
03-0
•
*
bOO
830
50-5
09-3
C
•
9
%
•
r
*
ou-o
74-8
•
98-5
(59-0
75-0
98-7
«
....
Highest
959
Lowest
Average
G.i-2
82'9
98-0
09-5
84-1
*
»
*
....
,
r
t
09-5
8V7
t|f(
«...
....
00-7
08-1
771
f
*
t
t
71-sl
70‘lj
860
52*0
67-7
....
290
4«-5
r
-
-
f
,
.
,
....
....
....
Highest
91-0
925
Lowest
700
82-5
0W4
83-8
9F0
71-0
80-9
94-0
71-0
82-3
Average
•
•
•
*
*
*
*
*
•
*
•
035
700
79 8
94-5
7*0
80-8
90-0
9’-5
92-5
7ir0
09-9
81-5
8F2
900
720
83-7
920
70 0
81-4
09-0
810
89-1
05-7
77-8
-
905
02-5
70-5
94-0
050
77 7
91-7
920
49-4
590
742
90-3
05 5
79-7
92-0
09-0
792
89-0
52 7
74 3
72-8
80-0
510
720
90-0
00-9
80-3
87-5
590
710
80 0
55 0
737
Archer—
Highest
Average
«...
94 0
73 0
80 9
Cedar Keys.—
Lowest
1*95
5~
610
FLORIDA.
Jacksonmllc.—
1-40
1
8-67
4
urc
084
10
0-25
3-73
6
344
5
427
450
020
530
71-0
01 0
Highest
3-98
5
1
O^
50 0
7-40
85)0
550
740
Lowest
Lowest
Average
Rome.—
2'09
10
731
4
5K)0
51-0
72-1
-
•
*•
10
4
2-10
5
....
October.
6. CA ItOLINA
Cluirlcdon.—
0-72
0-80
3-50
0
0
04-5
SG-0
...
Average
4
1-95
,
98-2
5)15
58-0
75-0
Wilson—
liii:h<yV
i nwest
8
2-01
4
,
6P4
(SCO
76"<t
Highest
2-16
016
2
2-25
7
2-07
7
«...
078
3
0-20
5
4*11
9
^
5-54
15
2-50 10-25
3
19
508
13
Figures prio to Sept., 1634,
t In appreciable.
31*7
13
,
_
1884. 1883. 1882. 1S84. 1883. 1882. 1884. 1883. 1882.
97 5
04-5
80-5
Lowest
10
575
8
....
072
•
203
....
Sep ember.
Macon.—
0-00
i
95"8
00-8
77 2
Highest
9-47
24
•
•
1-45
2
....
•
Columbus.—
4-12
13
1-45
-
.....
...
004
93-4
..
Lowest
10
...
5-60
13
1-99
0
GEORGIA.
0-93
0
5-65
11
Average
Lowest.
0
104
3
....
2 87
5
90-0
flrO
70-1
Stateburg.—
Hlghe-t
4-18
7
0-21
2
1-29
9
Lowest
Average
0'2 >
7
3 42
4-03
10
79'4
Average
Murphy—
....
12
2-31
2-19
0
04 0
Lowest
....
702
0-18
10
4
77-0
Highest..
«
231
13
....
021
4
4-00
7
Charlotte—
4'77
0-58
2
3
2-44
90-7
61-5
Spartanburg—
Highest
3-021
12
0
1-22
8
Lowest
Highest
3*41
22
0
0T0
0
Mid.Cape Fear
O'7>
3
-
532
13
Weldon.—
.....
4-70
4
N. OAR’LINA
....
0'29
(5
1-91
....
0-30
10
|
-
Average
5-05
10
o-oo
2
0
*
+
7-63
17
6-52
10
o-oo
Lowest
13
18
1-28
10
Rainfal', in..
A verage
-1
12
0-00
2
Da’s of rain.
A verage
0 93
3
0-10
032
0
1884. 1883- 1882
2-78
8
0 20
....
1-28
July.
3-28
5
4-02
4
0
245
8
Davs of rain.
Austin—
Lowest
0-69
3
000
0-01
10
4
y
Highest
0-08
3
547
7
0-33
10
VIRGINIA.
11
3
1-77
7
Cleburne—
Norfolk.—
0-83
i)
4 34
18
109
9
Lruiianola.—
Wilmington.—
Highest
1-09
9
1-38
6 50
3-22
10
1-25
1*10
5
Clarksville—
612 1005
10
11
.
Rainfall, in..
Davs of rain.
Fort Smith -
3-5)5
0
Newport—
*
Rainfall, in..
Days of rain.
3-97
7
Mount Ida—
Rainfall, in..
Days of rain.
Helena—
Rainfall, in..
Days of ruin.
1-50
5
359
11
MISSISSIPPI.
Columbus.—
Rainfall, in.. 12-00
Vicksburg.—
7-50
14
105
Tuscaloosa* —
Rainfall, in.. 1202
Days of rain.
2-40
0 62
11
Montgomery.-
Selma—
R iinf til, in..
D rys of rain.
A uburn—
Rainfall, in..
1-30
5
7-75
12
ALABAMA.
Days of rain.
0-00
0
0-23
-
Rainfall, in..
Days oi rain.
535
14
2-OG
8
3-89
5-3
ra.n.
5-30
4
25*4
6’55
14
Davs oi
Mobile.—
1-70
1-80
5
r—
in..
4-10
12
4 48
14
811
17
Rainfall,
7-30
11
2'91
9
5-09 10-31
10
15
Rainfall, in..
Days ot rain.
7-09
14
770
12
10
Days of rain.
4-OS
13
7-57
7
6 0.’
Sanford
8-56
13
11
Days of rain.
X fad i son—
Rainfall, in..
2 83
8
1-09
Kainf 'll, in..
h
218
11
5
r>-2:
ilr.tall, in..
Days oi ruin.
105
5
0-63
5-75
23
R
4-29
S
14
6 88
re
3-49
17
3 34
6-02
10
Days of rain.
Cellar Keys.—
1-85
10
10
FLORIDA.
Jadcsonrille.—
Rainfall, in..
1-27
8
0
Forsyth.—
Gain lal
4-13
17
18
Home.—
Rainfall, in
1-78
14
809
Columbus.—
Rainfall, in..
Days of rain.
2-38
13
14
—
Rainfall, in..
Days of rain.
104
9
TEXAS.
1 tlnnta.—
Savannah
524
21
Rainfall, in..
Days of ruin.
-
Rainfall, in..
Days of rain.
4
5'19
GEORGIA.
A UQULStd.—
Days of rain.
1-57
11
9 OS
12
f
Rainfall, In..
2-19
9
2-43
9
22
.Spartanburg—
Stateburg—
Rainfall, in..
Days of r .in.
2-36
Rainfall, in..
Days of rain.
S. CAROLINA
Charleston—
Rainfall, in..
Day* or rain.
Columbia—
Rainfall, in..
547
15
8-89
Mui.Cape, tearRainfall, in.. 12'06
14
Days of rain.
Rainfall, in..
Days of rain.
4-39
10
4-71
13
Rainfall, in..J
Davs of rain.
2-81
11
8-20
10
•Charlotte—
Davs of rain.
Wilson—
4-00
17
Galveston.—
Kitty Hawk—
Rain fall, in.. io-:o
17
Days of rain.
Rainfall, in..
Days of rain.
Murphy—
Rainfall, in..
4-84
18
Rainfall, in..
Days of ruin.
0-07
13
Weldon.—
Rainfall, in..
Days of r 'in
3-18
Austin—
7-00
15
Wilmington—
Rainfall, in..
Davs of rain.
Oc ober.
Ashwood—
*
Days of rain.
•N. CAR LINA.
September.
12
Rainfall, in..
Days of rain.
Memphis.—
October.
1884. 1883. 1882. 1884. 1883. 1882. 1884. 1883. 1882. 1884.: 1883. 1882.
VIRGINIA.
Norfolk.—
Rainfall, in..
August.
1884. 1883. 1882. IS84. 1883. 1882 1884. 1883. 1882. 1884. 1888. 1882.
TENNESSEE.
Nashville.—
The
U
[Vol. XXXIX.
.
.
®
.
5)00
710
.
79-5
92-0
72-0
81-5
#
v
,
890
9
.
.
.
05 0
T
*
-
.
777
-
s
r
.
.
t
910
510
73-9
....
ttt.
ttf
.
....
....
Madison—
Highest
990
Lowest
71 0
82-7
Average
....
#
^
f
.
-
r
*
-
^
p
#
%
t
T
.
.
.
_
„
*
1030
000
82-0
-
t
»
*
f
.
r
9S-0
45-0
74*0
.
.
1T
.
T
•
.
*
t
-
•
•
•
•
t
-
- -
....
Sanford—
....
....
Highest
Lowest
97-4
09-S
81-3
...
*
*
....
T
_
_
906
7o-l
80*0
94-8
T
_
_
„
-ft-
04-0
-.8-3
T
-1
-
-
•
.
-
930
555
743
....
t
*
•
•
*,•
» t
•
.
*
f
tfll
November 22,
THE CHRONICLE,
1884.]
July.
1884
A must.
1883
1882
1884
1883
ALABAMA.
|lS82
94-8
05*t
bi-o
Lowest
Average
93-0
0W2
82-4
94-(
00-8
78-1
—
Highest
1
97-1
02*2
7o-4
90-C
05'(
80-3
Average
.
..
Highest
Lowest
993
68-(
82-0
90-C >
70V ;
793
5H-0
53 (
900
520
400
950
43"l
781
79-01 74 C
741
710
71-S 1 09-0
943
6i\
78-1 :
57-C
77-1
940
540
757
933
43-7
91-0
40*3
73-8
93-C i
57 •( i
70-4
950
64-C
75" 1
80" C
08-C
720
910
30"(
(59-0
930
500
750
85-0
51 •(
74-0
78T
933
03(
78-7
95-0 102-0
70-0 08-1
82-C
82-8
88-(
65-C
794
90-0 lor.-o
04-0 08-C
771
80-2
87-(
70-(
77C
960
G6-0
78-0
88-0
0O-(J
70-0
90C
Gl'C
70*0
93-0
87-0
67-(
77-0
Average
wi-o
58-C
7L7
93 0
61-C
77-0
92-0
09-8
805
03-4
05-5
82-3
04-t
801
|
Highest
89-0
*34-0
78-0
...
,
,
940
35 "f
093
900 80-5
41-5 40-5
07-9 ! 01-0
900
88-7
92-a
70-2
8'j-a
90-5
03-0
79-4
89 5
00-0
70 0
104 0 102-0 100-0 104-0 102-0
7lo 710 04-0 04-0 03-8
86-2 839 797 81-0 81-0
970
05 0
78-9
97-f
(52-0
8U-2
99-0
48"8
93-0
530
73"5
93-i
02-7
81-3
90-0
72-n
78-d
.
.
.
.
.
.
.
•
•
•
.
....
!
89-0
5rC
710
910
72-5
80-5
.
_
weather, for the last three months.
Andersonville, Ga.—Drought continues, and is proving very injurious
to agriculture. No plowing is possible. Tho bulk of the cotton is in
market, or ready for shipmout, and is considered about half of an aver¬
1
940 85-0
44-0 7l*0
70-0! 08*5
910
400
09V
92-5
73-9
83-a
76-0
Average
LOUISIANA.
New Orleans.—
Highest
„
870
53 4
71 4
89-0
390
01-0
910
570
76-0
„
Forsyth,Ga.— We have had ono ram aud two slight showers since
August. Colton is nearly gathered, not more than one teuth remaining
to be picked.
Not more than two thirds of a crop will be gathered. The
shortness has been the result of unfavorable weather iu June aud
July.
Excessive rains and low temperature, and then
extremely hot and dry
|
02 C
88-0
08 C
750
„
96*1
i
9V5
:
Auburn—
Lowest
80-1
97-0; 960
070
90-5
03-6
90-0
1882.
-
1
Tuscaloosa*—
Highest
Lowest
Average
Selma—
18S3
92 8
95*6 101-0
71 ’(
80-1
83-6
695
1884
1
-
Lowest
Columbus, Ga.—Cotton picking is about completed in this section, and
many sections have already turned cattle in thtir fields; will be fluished
about Nov. 15.
Macon, Ga.—The weather being so drv has enabled planters to save
the crop in good couoiriun. The outturn in this section will be
about
equal to last year. I tliiuk fully two thirds lias been gathered.
October.
1882
18>1.[ 1883
j
Montgomery.—
Highest
Mobile
September.
age ci op.
88-0
Madison, Fla.—Month very dry.
Tuscaloosa. Ala.— Fiost on the 23d—first of the season.
Auburn, Ala.—The drought is practically still unbroken. The weather
was cold enough for frost on the letn, but there was not eno
gh mois¬
ture in tlie ground or air to produce it.
On the 241li there was another
attempt at frost, and a J:hougli the thermometer fell to 35 only tender
48-0
675
plants
947
Lowest
71*4
85"3
Average
Shreveport.—
Highest
Lowest
A verave
94-1
74*5
8L5
1
97-6
67*7
85'0
Highest
92-0
09-0
82-8
96-1
#
V
V
020
73-0
83-3
07 0
81-3
T
....
•
•
.
.
49-8
75-4
73*3
95-0
42-5; 42 0
08-0 70-9
89-0
47*0
C9-3
,
74*4
74 5
•
•
90-0
380
77*5
94-0
00 0
800
98-0 101-0
56-0 oo-o
7S'0 84-0
92 0
0LO
80-0
970 101 0
550 50-0
80-0 750
930
580
750
9S-7
70-2
fc2'9
96-5
070
81-8
00 0
03 0
78-1
97-5
02-5
79-2
96-0
050
80*3
950
(57-0
78-4
93 0
02 f
78-5
95-2
54-3
75-0
92-3
530
710
93-7
:-9-2
09-3
03-4
43-0
71-8
Highest
980
03-0
ioo-o
590
800
980'
50 0
70-0
920
42*0
TOO
82 0
09-0
88-0
(520
72-0
84-0
70-0
820
92C 1020
00-0
70-0
770 82-0
93-(
Lowest
920
02-0
75-0
48-0
70-0
400
04-0
Average
i
r
....
Vicksburg.—
Highest
Lowest
Average
Brookluiven—
Average
Greenville—
Highest
78-0
99-0
72-0
830
Lowest
Average
ARKANSAS.
.
•
•
.
-
990
03 0
,
855
....
.
f
f
t
f
'
V
T
“
•
•
•
•
(il-(
70-1
07-0
74-0
82-9
...
„
^
....
....
88-0
55 0
732
•
•
•
Highest
98*0
68-0
82-0
94'0
05" 0
b00
100-0
oo-o
fcl‘0
99-0
50-0
80*5
Average
Mount Ida.—
94-0
02-0
70-0
89-0
59-0
70-0
99-0
(5U-0
70-0
94-0
01-0
77-0
92-0 103-0
500 520
700 750
90-0
EOO
745
92-0
54 0
723
90-0
00 0
70-0
03-0
5b "0
70-0
89-0
500
71 0
88-0
87*0
03-0
950
52-0
9 4-0
32-0
<iL3
77'b
8S-f
44 0
Gd-0
89*0
320
030
9'3-0
830
44-0
67-0
43*0
00 0
90-b
84-0
3 5-0
08-0
34*0
030
-
Highest
< w
st
...
98'0
97-0
09-0
8lo
000
830
Lowest
95-0
750
A verago
800
v
t
v
*
.
.
.
t
r
r
91-0
5iC0
77-0
-
920
000
7 00
....
# f%
Highest...... 104 5
Lowest
*5 4
Average...
TKNNKSSEE.
103 7
58 4
....
.
i
.
bl'2
...
....
t
,t..
*
...
....
t
_
Highest
03-0
Lowest
Average....
•
3 b
01-1
7S-1
70-0
Highest
96-:
7o-i
81*8
Lowest
A ve.i'Rge
Ashwmni.—
Highest
910
050
79 "0
Lowest
9L3
54-7
94-3
5(>" 5
75"4
91-2
50-8
7<VO
74-1
....
93-0 97(
000 02-i
77-5. 77
97-"
04/0
8b‘7
\
In October.
*
*
-
t
•
«...
940
390'
Takings in pounds
(54-3
.
96-0
02 0
77-0
Lowest
Average
TEXAS.
Galveston.—
Highest
Lowest
Average
Inbianola.—
Highest
Lowest
94-0
til 5
70>
91-2
51-5
7\L*o
94-0
92"(»i 98-<
9
88-0
;
50 e
0.VU
73'8
70*3. 78"5
77'0
020
77\"
<901
94 0
92 (
01 I)
90-2
50.5
0d"9
85! 7
4s-4
70-8
92-0
o;-o
70-2
8^0
5..-0
OH
8./71 83-0
3 IV
44 0
0.0
03 2
0!O
76 0
92-0
52-0
72-0
on •(>
58 0
773
70-dj
90
91-i
501
7U"2i
94-8
?(V0
94-0
74-0
65-2
83-d
880!
92 0
3'iO
00‘3
89-0 95-0
50-ci 500
70-0; 75-0
92 0
5 -0
75-3
880
011-0
98 2
08-4
83 4
Averuge
New Ulm.—
Highest
Lowest
370,000
226,000
412
413
431
163,510,000
03,338,000
256,878,000
353,000
191,000
544,000
421
417
596,000
8L0
84 0
30 0
43 0
070
08-0
04 0
80-0
800
800
410
4L0
00-3
95-0
91-0j 8801
500
44
7J 9
05-7! 05" 9
90-0
70-0
814
90 5
741)
83"5
90-0
63" 5
7U"4
87 0
(54 0
78'3
87*21
95 0 oo-o! 90-0
720 72'4i 71 0
8L9" 83-0 81 5
1
90 3
930
01-2
7 a*2
89 0!
030
78 2
97-9
62-0
80-1
95-0 95-5
01-4 49 0
790; 74-9
0,
1
i
01*O|
I
1
93-0
700
83-8
7i-0
82-9
750
84-0
95-1
73-7
82-5
94-;
7 1C
83-<
97-5
71-0
81-U
930
030
79*0
97-0
(55-0
81-1
94-0
04 0
77"7
Average
991
0I-H
799
....
96 0
54-0
701
(59 V!
81 0
1
85-0
573
?4\S
870
54'5
700
80-0
540
7-i-0
89-8
5 -8
70-8
87-4
55-2
750
00 0! 89-1
52-5| 40-1
72-9 00-8
940
41-0
09-0
80 0
48 0
09-y
89-5
49:3
94-0
4 VO
72*3
92*0
1
(
I
930 100-0 103-0
70 0 (50 5 *50-0
82-0 82-0 835
98-0
000
77-0
97-0
• 4 0
79-9
93-0 100-8
590 53-8
73-5 730
97-0
48 0
70-5
950
40 0
72-9
95 0
580
74 5
Average weight of bales
Takings in pounds
1 1t1.g13.noo
TO.CM7.nn
419-4
2C8.2*'O.COO
According to the above, the average weight of the deliveries
pounds per bale in October this season,
against 421 pounds during the same time last season. The
Continental deliveries average 413 pounds, against 417 pounds
last year, and for tlie whole of Europe the deliveries average
431 pounds per bale, against 419*4 pounds last season.
Our
dispatch also gives tiie full movement for this year and last
year in bales of 400 pounds each.
59-0
752
i
1
1000 101-5
7L5 02 0
84-8 82 0
Takings by spinners.. .bales
in Great Britain is 412
28 0
00-8
720
70'2
Fort Elliot—
95-0
500, 550.
70-4, 70-8
|
40-6
00-1
090
87 0
4001 33-5
05-5 59-4
oi-o;
Great Britain.
Continent.
Total..
For 1884.
1
955
1
In October.
48-0
72-3
8H'0!
27-5]
Spinners’ stock October 1..
Takiugs iu October
4
Total supply
Consumption
S* inners’ stock Nov. 1
8 9.COO
15?,OCO
241,000
09,0 0
2-13/ 00
6 42,000
498,000
S 85.000
360,< 09
330,000
883,000
690,< 00
138.000
55,000
193,000
124,000
401,COO
199,000
525,000
372.030
Total supply
Consumption
496.000
bOOpOO
360.000
330,000
1,096,000
690,000
Spinners’ stock Nov. 1
1?6,‘00
270,000
406,000
55'2
For 1883.
Highest
Lowest
Average
ClarksvilleHighest
98-0
72-0
841
98-0
ft*.
500
.
-
t
.
.
r-
85-3
90 0
89-0
0(5 0
,
r
.
8L1
Spinneis’ stock October 1..
Takings in October
41-0
05-7
91-0
70 0
857
Average..
Austin—
Highest
101 *5
770
88-3
Lowest
Average..
,
t
.
.
.
-
-
„
.
.
-
r
-
f
.
101-9
00-0
80-4
following remarks
reports for October, 1884
Wilmington, X. <7.—Rain
„
„
_
.
|Tt
„
.
are
.
.
.
_
.
910
710
82-5
f
88-5
|tf t
i?
»
accompany
*
»
9
-t
•
.
f
,
f
v
t
-
v-
49"3i
09
T
,
#
01
the month’s weather
needed
;
cisterns drying up.
very
Light frost
on
short.
Ocrober 16th.
Fear, X. G.—We had the iirst frost
the 25tli.
.
:
Charlotte, X. G.—First frost
on
.
900
45-0
01*3
for Greene Springs.
*3tn; killing frosts 24th amt 26th.
Weldon, N. O’.—Cotton crop coming in
Gave
.
....
98-0
70-5
84-8
Figures prior to September, 1884,
on
the 16th, and ice on the 24th.
(/.—Three frosts, but veiy little
Columbia, S.
the 16th, and the
damage done to crops,
suffering for rain.
Blatehurg, S. G —Frosts A. M. of the 24th and 2”th. light on hill-tops,
"“ton tholow grounds the tender f-lwots of cotton were killed. In some
Haoes, under favoiable circumstances, r e is reported to have formed.
'Atlanta, Ga.—Drought of seventy-three days ended on the l2d. Light
weare
the 24 th—first of the season.
totannah. Ga.—Light frosts
on
rihe foregoing indicates that spinners’ stocks are now 193,000
bales, against 406,000 bales last year.
The cable al?o adds that the consumption of Great Britain
was in October 72,000 bales per week, against 72,000 bales in
October, 1883, and that the Continental consumption was
66,000 bales per week, against 66,000 bales for the same month
making the present consumption 133,000 bales
It will be remembered that in his annual
circular Mr. Ellison gave last year’s average at 70,500 for Great
Britain and 65,000 for the Continent, or 135,500 bales for tha
whole of Europe.
New York Cotton Exchange—By-laws.—The proposed
amendment, referred to on November 8, to reduce fluctuar
ions in the price of print cloths to 1-100 of a cent* has sin***
year ago, thus
for all Europe.
a
on
—~
g,Spartanburg, S. C.—This month has been marked by unusual drought.
First frost
571.000
-
Lowest.
on
Total.
i
03' 1
920
54 0
75 8
79 2
88*
i 4(5*0
4-1*0
01 91-o
•100
1
980
70-2
835
42 9
O0'5
i
.
Average
*roat
Continent.
• •• •
I
Pal stine.—
Highest
Lowest
first ire
Great Britain.
For 1881.
Takings by sjiinuers...bales
Average weight of bales
050
r
....
!
Highest
Middle
and give them
comparison.
The spinners takings in actual bales and
pounds have been as follows.
40-0
t
5st7T7>
Ss-7
00 0
75 U
04-0
—
The
for last year,
for
700
Memphis.--
*
also received the revised totals
90*0
0'»O
..
to-day (Friday), by cable, Mr. Ellison’s figures for
October, the first month of the new cotton season. We have
For 18S3.
01*0
Lowest
Average
Cleburne—
October.—We have
380
Nashville.—
Austin
for
90-0
_.
90-0
70 0
8JC
....
Fort Smith—
Average
European Cotton Consumption
....
•
.
Lowest
-Average
Helena—
3
on
received
Lowest
Avenge.
Newport—
Jlighe't
much of it is
heavy frost on the 28th.
Memphis, ’/• mi.—Heavy killing frost, first of the season, Oct, 24th.
Tcnn.~
Ashwotd,
Gorton crop short by at least one fourth. Tho
(bought continued SO days.
Austin, Tenn.—First Iroston the 16th, and ki’lingfrost on the 24tli.
Cleburne, Tex.—Altogether this month has been delightful. The late
rains have put tho ground in fine condition for
sowing grain and the
farmers are busy planting. No frost jel, but the coito i has ceased to
make any long* r, and tli j crop is gathered, but tlie stalk is still covered
with green foliage.
Clarksville, Tex.—Light frosts on the 23d, 21th and 25th.
09'5
Little Rock.-
Highest...
;
clear and
pleasant now.
Fort Smith, Aik. - Light frost on the 24tli and
F8 3
47 5
.
good average crop
the 23d. Crops all gathered.
dry month,
Helena, Ark.—There was only a light rain od one day of 0*10 until
during the last w*ek, and tho weather was extra good for gathering
crops.
Many report their crops over half out and some two thirds.
Tin-re is little or no top emit and many persons say there will be n<» moro
< otton to
pick off the land gone over after tho' present pi< king. The
frost killed the leaves but did not injuie the un-ope^ed bolls. Weather
88-0
40-0
70 0
t
a
Greenville, Miss.—Very dry weather prevailed the entire month.
«...
9S-0 107-0
020 010
81-0 84-0
Lowest
yields
Mount Ida, Art:.— A very
MISSISSIPPI.
Columbus.—
Highest
injured.
Brookharcn, Miss.—Frost
92-7
83-4
45-7
72:5
•
wore
Grand Cohan, La.—Cotton
st-ili in tin* field.
85-0
59 5
|
Grand Gote.au—
Lowest
Average
444-0
,587
the 17th and 25th.
3
THE CHRONICLE.
588
change.
Total bales.
against, the
carried bv 80 votes in favor, to 10 votes
sbeen
[VOL. XXXIX.
Australia,
Hamburg, per steamers
To
1,151
Moravia,
2,414
1,293
The amendment relative to the intention to
transfer mem¬
berships lias also been carried, the ayes numbering 72 and the
nays 25.
The change in rule 7, relative to transferable notices of
delivery, was made by simply amending the rule, and as such
it did not require the assent of the members of the Exchange,
but took effect at once.
The new terms have caused much
^dissatisfaction, and a petition for reconsideration has been
numerously signed and laid before the Board of Managers.
It is understood that a motion to reconsider was lost; but the
Board, in answer to a second petition to order a meeting for
discussing the matter, has named Saturday, November 22, for
that purpose.
Jute Butts, Bagging, &c.—The market for bagging has
not shown any great activity since our last, and the demand
has been of a jobbing character, few inquiries for large par'Cels being reported. A fair amount of stock is being worked
off, however, and prices continue steady at 8%c. for ,1}£
lbs.,
1% lbs., 10c. for 2 lbs. and lCTqc. for standard grades,
though on a quantity a shade better can be done. Butts are
‘Steady in price, and a few thousand bales have been taken and
orders are in hand for further lots.
Paper grades are still
-quoted at
for spot parcels, while for bagging qualities
.sellers name
‘24 oC., but we hear that a shade less has been
.accepted.
for
Comparative Port Receipts and Daily Crop 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
the month. We have consequently added to our other standing
tables a daily and monthly statement, that the reader may
•constantly have before him the data for seeing the exact relative
movement for the years named.
The movement during
•September, 1881, and previous years, lias been as follows.
Beginning /September l.
Year
Mon thly
Receipts.
1-83
1831
;
1882.
,
1880.
1881.
315,445
October.. 1,090,385
3W.8U|
1,016.092
429,777
458,47J-
333,643
980.584;
853,195
968,311
888,492
uf tot. port
1.339,901|
28 66
Oct. 31
.
21 72
27 IS
This statement shows that up to Oct. 31 the receipts at the
ports this year were 4o,U~<> bales more than in 1883 and
128,590 bales more than at the same time in 1882. By adding
to the above totals to October 31 the daily receipts since
comparison cf
that time, we shall be able to reach an exact
the movement for die different years.
1884.
rot Oc.31
1583.
1882.
1881.
1880.
1879.
1,435,930! 1,389,904
31,747
Sov. 1....
1,307.240 1,282,972 1,426,796 1,222,135
30,70 4
36,792
29,101
46,514
32,374
“
2....
S.
43.629
38.000
27,151
37,897
8.
•*
3....
37,218
41,574
35,983
33,538
46,140
8.
38,904
48,836
41,055
33,310
44
4....
59,119
40,493
“
5....
34,866
61,344
3.
31,603
55,66-1
30,902
44
6....
38 53;
49,216
S.
29,921
“
7....
34,133
42,475
46,365
44
37.582
31,304
40.193
29,0;2
49,319
28,562
40,389
35,842
S.
36,590
31.966
47,069
29,130
26,138
46,584
32,549
51,779
32,278
8....
34,599
56,307
29,523
“
9....
S.
32,773
63,575
44
10....
41,991
33,268
36,297
57,777
44
11....
41.677
8.
38,651
4
12...
34,930
57,258
S.
-
S.
44
13....
50,219
30,801
52,090
8.
33.151
44
14....
31,943
33,566
30 74-
8.
36.503
43,440
44
31,427
32.175
35,669
49 S62
35,631
15....
67,765
29,897
<4
16....
8.
57,381
47.217
41.241
41,557
8.
44
17....
51,482
28,558
55,455
25.136
31.535
38.165
44
18....
38.6431
S.
38,822
34,094
39,097
44
19....
31,601
49.735
65,535
30,309
44
20....
31,026
44
21..:.
41,333
65,818
27,893
•
S.
46,630
3d. 198
S.
61,119
28 33 5
60.135
8.
27.553
26,113
51,249
2,220,759 2,112,801 2,066,721 1,981,572 2,142,859 1,885,816
Percentage of total
37-70
4 3- IS
3433!
41 98'
-36-15
port reo’pts Nov. 21
.Total
This statement shows that the receipts since Sept. 1 up to
to-night are now 1 37.95 s bales more than they were to the same
day of the month in 1883 and 154,033 bales more than they were
to the same day of the month in 1882.
We add to the table
the percentages of total port receipts which had been received
to November 21 in each of the years named.
exports of cotton from the United
past week, as per latest mail returns, have reached
190*610 bales. So far as the Southern ports are concerned, these
Shipping News.—The
States the
10.546
4,300
1,100
6,169
11,164
1,368
1,368
1,300
1,355
1.355
Wilmington—To Amsterdam, per bark Kallisto, 1,754
1,754
Norfolk—To Liverpool, per steamer Essex, 7,038
per ships
Senator, 5,315
William Law,. 6,396
18,799
To Genoa, per hark Heinrich von Sehrocder, 2,132
2,132
West Point—To Liverpool, per ship Wilholinine, 3,310
i
3,310
Baltimore—To Liverpool, per steamers Caspan, 1,600
Montmore, 4,424
6,024
To Havre, per steamer Cas'le Craig, 3,050
3,0:0
To,Bri men, per steamer Sa ier, 1,721
-1,723
Boston—To Liverpool, per steamers Borderer, 3,281
Istrian,
6,781
1
1.305
Norseman, 2,195
To Yarmouth. N. S , per steamer Dominion, 1
Philadelphia—To Liverpool, nor steamers British
Lord Gough, 1,8-JO
Crown 2,029
3,959
Total
form,
.196,610
..
particulars of these shipments, arranged in our usual
follows:
are as
Ams'dnm, Reval, BarccLiver-
24-43
1,100
5,600
2,050
3,775
3,707....Ohio, 3.803
To Christiana, per hark Kong Carl,
To Genoa, per bark Embla, 1,350
To Vera Cruz, per steamer Harlan,
1,307,210 1.282,972 1,420.796 1,222.135
2129
9,689
2,312
5,733
To Reval, per steamer Standard, 4,300
To Suntan dar, per brig Selina Stanford, 1.100
Galveston—To Liverpool, per steamer Fern Holme, 6.159
To Bremen, p r steamers Black Watch, 3,054
Edmonsley,
Ant-
Total year ij*i CjO S *0
18,553
650
9,567
• 6,200
5,370
4,185
816
2,100 Upland
Syringa, 2,025 Upland
Veritas, 1,‘:50
Upland and 80 Sea Island
To Havre, per barks Abel, 1,062
Anna Thormann, 1,250.
To Gothenburg, per bark Hilda, 1.100
To Sebastopol, per steamer Huntsman. 5,600
...
To Barcelona, per bark Rcsuclta, 2.050
Savannah—To Havre, per steamer River Ettrlck, 3,775
To Bremen, per steamers Southwold, 4,813
Tynemouth,
The
I
326,65.
ship Scotia, 3.580
To Rouen, per steamer Chancellor. 650
To Bremen, per steamers Celia, 5.567
Donar, 4,000
To Hamburg, per steamer Kehrwieder, 6,200
To Sebastopol, per steamer Sportsman, 5,370
To Barcelona, per steamer Glenrath, 4.485
.
Mobile—To Liverpool, per bark Anina. 816
Charleston—To Liverpool, per steamer J. M. Lockwood, 4,145
Upland and 89 Sea Island — per lurks Mary Graham,
1879.
1
Scpr’mb’i
To Amsterdam, per steamer Edam, 447
447
To Antwerp, per steamer Rbynland, 350
850
New Orleans—To Liverpool, per steamers Dalton, 4,210
Guillermo. 4,200
fnveutor, 3,800
Leonora, 6,150
Navarro, 7,400
...»
25,760
To Havre, per steamers Paris, 8,091
Regal, .6,832....per
New York.
N, Orleans.
Mobile
Charleston.
Savanna lu.
Galveston
pool..
3,831
25,760
Hull.
3, .0.3
19,203 15,767
816
9.689
2.3 12
•
•
-
„
„
a
O
9
i /
»)
..
10
..
j
Iona
5,370
4,4-5
6,700
4,305
2.050
7 0,585
816
20.751
19.721
21,346
1,754
20.931
1,109
1.368
1,754
Wilmington
Norfolk
West Point
Boston
Baltimore..
18,799
Philadeip’a
3,559
Total..
:
*.) 4; )
1 1,164
6.159
.
Cnt/icn-
Havre Bremen irerp d; bun/ d; a -11
ami d II iiii- (Ru ts Sebas- ,Suntantier.
Total.
Rowii. burn.
tiana. topol.
3 335
15.958
3,992 1,297
...
3.310
•
•
m
(.,024
3,310
m
6.7 82
6,-781
•
3,050
1,723
85,028. 3,503 31,675 43,192
10,797
3,859
.
4,419 10,370
7,635 196,610
Included in the above totals are from Galveston to Genoa. 1,300 bales
and to Vera -Cruz, 1,355 bales; from Norfolk to Genoa, 2,132 bales;
from Boston to Yarmouth, N. S.. 1 bale.
Below we add the clearances this week of vessels
cotton from United States ports, bringing our data
the latest dates:
carrying
down to
Galveston—For Liverpool—Nov. 14—Bark North Star, 2.183
Nov.
Nov. 17—Steamer Acacia, 4,194
15—Steamer Sirocco, 5.427
Nov. 19 Steamer Duchess, 4.426.
For Havre—Nov. 14—Bark Saphir, 1,510.
For Bremen—Nov. 15—Steamer Kuarwater, 4.898.
New Orleans—For Liverpool - Nov. 15—Steamers Niceto. 5.500; Prolessor, 0,027; Red Sea, 8,317
Nov. 17—Steamers Hugo, 5,725;
Yucatan, 6,w9 i»
Nov. 18—Ship Annie Goudey. 3,682.
For Havre—Nov. 11—Steamer Alexander Bixio, 4,33 L
Nov. 20Bark Bertha, 4,018.
For Bremen—Nov. 14—Steamer Viceroy, 5,810.
„
Hamburg—Nov. 17—Steamer Remembrance, 968.
19 Bark Palermo, 2,479.
Savannah—For Liverpool—Vov. 15—Steamers Finsbury, 4,939; North
Durham, 5,210; St. Bernhard. 5,845.
For Havre—Nov. 19-Steamer River Avon. 2,619.
For Reval—Nov. 15—Steamer Ripon City, 5,453...Nov. 18—Steamer
For
Mobile—For Liverpool—Nov.
o
Briuklmrn, 4,93o.
For
Gothenburg—Nov. 15—Steamer Richmond, 3,200.
For Barcelona—Nov. 17—Steamer Blagdon, 5,402.
For Oporto -Nov. 15-Bark Ljdia, 100.
For Genoa—Nov. 17—Bark Alphonse et Marie No.
For Trieste—Nov. 18—Bark Argentina,
.
Charleston—For Liverpool-Nov.
2, 1,900.
17—Bark Roycroft, 1,741.7..Nov.
Bark Sagona. 2,640.
For Havre—Nov. 17—Bark Syttendi Mai, 1,500.
For Bremen—Nov. 19—Steamer Orsino, 3,295.
For Sebastopol—Nov. 15— Steamer Cairusmuir, 5,201.
For B ircelona—Nov. 18 -Bark .fosefiua, 1.580.
lr
—
Wilmington—For Liverpool—Nov. 15—Baik Ilestia, 2,078.
For Bremen—Nov. 17—Bark Nordcnskjold, l,o36.
Norfolk—For Liverpool—Nov. 18—Barks Richard Hutchinson, 2,832;
S. J. Bogart, 2,944
Nov. 19—Steamer Accomae, 7,142—Nov.
20—Bark Veronica, 4,213.
Newport News-For Liverpool—N.v. 15-S.earner Trant Gwynant,
4,634.
Boston—For Liverpool—Nov. 14—Steamer Cepkalonia, 414.
Baltimore—For Liverpool—Nov. 17—Steamer Baltimore, 1,860.
Philadelphia—For Liverpool—Nov. 19—Steamer British Prince,
1,180.
give
to
date
of
disasters
all news received
to vessels
the Chronicle last Friday.
With regard to New York we carrying cotton from United States ports, &c.:
include the manifests of all vessels cleared up to Thursday Rhodora. steamer (Br.), at New Orleans, loading for Liverpool, took
tire on the 12th iust., and the lire was extinguished by 4 P. M*
flight of this week.
Total bales.
1,292 bales of coitou had been taken out of the steamer, up to the ,
New York—To Liverpool,
15th, of which about 662 bali'8 were burnt and wet. Other cotton
per steamers Arizona, 320
is being discharged to get at bulk corn in lower hold.
Britannic, 310
Pascal, 1,406 ...Republic, 1,090
Um¬
bria, 20<»
3,831 Frank Stafford, bark (Br.), loading at Charleston, for Liverpool. A
lire occurred afternoon of November 15 in the cotton on bo(iru
To Hull, per stearin r Galil o, 3,503
3.503
bark Frank Stafford.
Between 300 and 400 bales badly burned,
'Jo Havre, per steame s Cassius, 1.311
NO nnamlie, 2,021 3,335
and about 600 damaged by water; cotton injured, vessel uninsured.
To Bremen, per s’.eameis Donau, 623
Eider. 925
1,513
are
the
same
exports reported by telegraph, and published in
*
—
Below
we
November 22,
Cotton
THE CHRONICLE.
1884.]
downward
freights the past week have been as follows:
tendency.
Yesterday, however, leading brands of
but the close to-day is dull witlx
little if any recovery in values.
The wheat market has continued unsettled, speculation was
without spirit, and the export demand held in check by the
scarcity and high rates of ocean freights. Prices have shown
a further decline,
and exceptionally low figures have been
reached.
Yesterday morning there was momentary activity
and a partial advance took place, in sympathy with a move¬
ment in the same direction at Chicago, but it was not sus¬
tained at the close, as there is no export demand in prospect
to aflord the needed relief to our glut of supplies.
To day the
market again slightly declined, and the speculation was quite
inanimate.
After ’Change there was a speculation based on
Chicago advices, and the close of futures was fractionally
flour showed
Satur.
Mon.
Tues.
Wednes.
Thurs.
13lb*
1364*
722*
732*
732*
....
....
....
...•
716*
7lb*
716*
Liverpool, steam d.
sail...*/.
Do
Havre, steam—c.
Do
sail
c.
....
....
7lb*
he*
716*
....
....
....
sail
c.
3a
Hamburg, steam, c.
sail
Do
c.
Do
....
....
....
c.
....
....
932*
9:,2*
916*
%
o.i3*
916*
916*
V
r>8
58*
13<4*
l304*
13€4*
t Per 100 lbs.
Compressed.
....
....
....
38*
38'
....
....
551
....
....
932® 3s* 932 ® 38'
932®38*
....
....
9,2*
932"
932*
916*
9lb*
916*
58
5g*
....
'
Barcelona, steam, c.
Genoa, steam—c.
Trieste, steam...c.
Antwerp, steam..c.
...
551
....
932®38* 932® 38*
d.
sail
551
55 f
55t
551
sail...c.
Reval, steam
....
....
Amst’d’m, steam.c.
Do
....
....
....
....
132*
V
V
Bremen, steam..c.
Do
....
Fri.
1
13
13c4*
.
...
58*
13
t4
4*
Liverpool.—By cable from Liverpool, we have the following
sales, stocks, &o., at that port. We
add previous weeks for comparison.
Oct. 31.
Nov. 7.
Nov. 14
Sales of the week
bales.
Of which exporters took
Of which speculators took..
6S,000
7,000
Sales American
Actual export
Forwarded
Total stock—Estimated
Of which American—EstimVl
Total import of the week
Of which American
Amount afloat
Of which American
51,000
9,000
20,000
465,000
258,000
84 000
76,000
171,000
12,000
26,000
437,000
226,000
71,000
44,000
215,000
159,000
196,000
1,000
Nov. 21.
71.00C
70,000
03,000
7,000
1,000
49,000
8,000
3,000
47,000
9,000
7.000
5,000
37,000
13,000
41.000
28,000
444,000
423,000
228,000
84,000
240,000
103,000
89,000
219,000
201,000
68,000
278,000
257,000
Saturday Monday.
Spot.
(
Market,
12:30 t.m.
$
Steady.
Quiet.
511i6
51116
f>78
Mid. Upl’ds
Mid. OiTns.
578
Sales
8pec.&
Wednes.
Tuesday.
Thursd’y.
Firm.
Harden’g.
Friday.
Firm.
Firm.
5%
5 3*
534
5^16
51°16
51-Jio
5%
S.000
10,000
10.00U
12,000
12,000
1,000
1,000
1,000
2,000
2,000
exp.
51&!B
T2,000
2,000
Futures.
Market,
12:30
7
Market,
5
Steady at Steady
j
£
t.m.
T. M.
\
F rm at
2-64 ad¬
at .Heady at
1-64 de¬
cline.
1-64 de¬
cline.
3-64 de¬
cline.
Steady.
8teady.
Steady.
The opening, highest, lowest
On let at
2-64 ad¬
Easy at
vance.
3-64 de¬
cline.
Steady.
Steady.
vance.
Steady.
otherwise stated.
_
The prices arc given in pence and G1 fits, thus:
02-0L/., amt 6 03
Sat.
5 62
6 3-04</.
means
Nov. 15.
Mon,, Nov. 17.
means
Tues., Nov. IS.
d.
d.
d.
d.
d.
d.
d.
d.
d.
d.
November..
541
541
541
5 41
5 40
5 12
5 40
5 42
5 40
5 43
5 45
545
Nov.-Dee..
d
5 41
5 41
5 41
541
! 5 4')
5 42
5 40
5 42
5 43
5 43
5 45
5 45
Dec-Ian.... 5 42
5 42
5 42
5 42
5 42
5 44
5 42
5 44
5 47
5 47
5 46
5 46
5 46
5 46
5 46
5 46
5 45
5 47
5 45
5 47
5 50
5 53
5 50
5 £0
Feb.-March. 5 49
5 4b
5 40
5 40
5 48
5 50
5 48
5 50
5 54
5 54
5 53
5 53
5 53
March-Apr.
April-May.. 5 57
May-June.. 5 61
5 53
5 53
5 53
5 52
5 55
5 52
5 55
1 5 58
5 53
5 57
5 57
5 57
5 57
£ 57
5 55
5 50
5 55
5 50
5 62
5 62
5 61
501
5 61
5 61
5 01
5 50
5 62
5 59
5 62
001
0 01
6 00
6 00
6 00
6 00
6 CO
6 CO
5 63
0 02
5 63
0 02
; 0 05
6 05
0 04
0 04
Oune-July..
July-Aug...
Aug-Sept...
Sept.-Oct...
....
....
....
....
.
....
....
....
....
...
....
....
....
....
...
Wednes., Nov .1!..
.
....
.
.
•
....
...
•
.
•
....
....
....
Open
High
•
•
•
.
..
...
Thurs., Nov. 20.
Open High Low. Clos.
.
....
....
...
....
*
••
...
Fri., Nov. 21.
Low. Clos.
Open High Low. Clos.
|
Minn, clear and stra’t.
Winter nhipp’g extras.
*
inter XX.
Patents
South’ll stip’g extras.
15 V
40
45%
5 49
5 4b
5 40
5 48
5 40
5 46
5 40
5 16
5 40
i
5 49
5 49
5 49
5 49
Dec.-Jan.... 5 30
5 53
Jan-Feb
Feb.-March. 5 50
5 £0
5 4a
5 40
5 40
5 47
5 46
5 47
5 50
5 49
5 50
Chicago
5 52
5 52
5 50
5 £0
5 50
j
5 49
5 53
5 50
5 52
5 53
5 52
5 53
Milwaukee..
5 56
5 56
5 56
5 53
5
511 5 55
5 50
5 55
5 50
Toledo
March-Apr.
April-May..
5 60
5 60
5 00
5 00:
j 553
5 54
j
5 57
5 57
5 57
5 57
5 £9
5 59
5 59
5 59
Detroit
5 03
5 03
5 03
5 63
5 00
5 60
5 00
5 00
5 02
5 63
5 62
5 63
May-June..
6 02
6 02
0 02
6 02
5 63
5 63
5 03
5 03
002
6 03
0 02
June-July
July-Aug...
Aug.-Sept...
000
6 00
0 00
0 00
0 03
6 03
6 03
0 03
0 05
0 03
0 06
d.
Receipts at—
*
*
*
*
*
*
*
*
!! J
....
*
*
Corn
4 75
4 60® 5 75-
meat—
3 10® 3 40
Brandywine. <*rc
3 40®
3 50
flour per
2 00®
2 35
Buckwheat
100 lbs
5 25
3 25® 4 50
3 50® 3 85 j
75
46
49
50
50
48
®
®
®
®
®
®
n
®
®
®
80
77
8 1
85
85
50
50
f 3
55
51
58
State
Oats—Mixed
White
No. 2 mixed
No. 2 white
Buckwheat
Bariev—No. 1 Canada.
No. 2 Canada
State, two-rowed
State, six-rowed
®
66
®
31
®
31 14®
32
®
32 V®
58
®
82
a
75
®
60
®
70 ®
.
60
68
32 V
36
60
86
80
65
73
Com.
Oats.
Bbls.imb* BushM) lb> Bush. 50
Bush. 32
Flour.
Wheat.
Barley.
Rye.
BushASlbs Bush.56lb»
053,271
519,243
211.005
40.080
21,350
420.040
4,351
030
22.159
19,092
......
Cleveland.
34.710
38,601
10,712
9,000
0 03
St. Louis
31,208
141.071
97,742
30.1WS
Peoria.
550
310,888
5,535
94,715
6 06
290,080
203,450
9,000
9,000
Duluth
42,500
1,000,001
Tot.wk. 84
204.218
3,155,297
1,149,062
920,523
541.716
Same wk.'83
258,319
250,928
2,218,521
1,875.300
1.300,917
96,086
19.8,320
1,867,823
1,205,248
790,900
765,327
526 509
54,301.602 27,752,932
3,219,525 30 489.036 40.409,198
3.207,228 41,950,798, 20.067,174
25,261,343
6.415,008
2.809,096
25,447,931
7.516,012
4,110.076
19.506,155
5,809,990
1,856,55
*
....
119,018
...
BREADSTUFFS.
somewhat
bakers and
family brands
1,041,405
Same wk. >2
Since July
,
Southern
8S.543
5,931
3,702
3,304
1
Friday, P. M
City shipping ex. ...$4 00® 4 50
108.267
I
*
i78
for each of the last three years:
d.
The flour market
4
prepared by us from the figures of the New
Exchange. We first give the receipts at Western
lake and river ports, arranged so as to present the compara¬
tive movement for the week ending Nov. 15 and since Aug. 1
5 49
•
47V
York Produce
d.
•
47
47H
The movement of breadstuffs to market is indicated in the
5 49
•
45 V
45 V
48^
statements below,
d.
.
45*8
50
4714
Western, &c
Red winter
White
€ >rn—West. mixed
We9t. mix. No. 2.
West, white
While Southern..
Yellow Southern.
5 49
•
4 61.3
491*
®
4 50®
67
5 40 |
•
47
Fri~
51V
3 05® 3 50
Red winter, No. 2
d.
•
45 78
46 78
46%
46%
Rye—Western
5 40
•
47
51*8
48%
463s
3 75®
70
76
80
Spring,per bush.
Spring No. 2
d.
•
49
493^
-
5 46
•
51%
48%
46%
51%
T/nirs.
GRAIN.
Wheat
d.
Sept.-Oct.
84V
86=s
86*11
Wed.
52 Lj
$ bbl. $2 35 5) 2 75
Superfine
2 50® 3 CO
Spring wheat extras. 3 10 ® 3 65
5 40
.
87
821r
84%)
Tues.
53
Fine
d.
'
8178
FLOUR.
5 49
j
SO
SOig
825s
8 4 *g
8G*s
■
Rye has been quiet, with prices showing a slight downward
tendency. Barley has been less active, yet in fair demand,,
and prices present an appearance of steadiness.
Oats declined early in the week ; both spots and futures were
a fraction lower, but yesterday there was more steadiness and
a brisker movement.
To-day the market was dull and weak>
No. 2 closing at BUgC. for December and 31%c. for January*
The following are closing quotations:
d.
d.
81V
8 (Ua
823»
Mon.
52 34
51V
5234
January delivery
February delivery
March delivery
5 48
.
8734
Sat.
Afloat
November delivery
December delivery
d.
,
....
85^8
Fri.
SII4
DAILY CLOSING TRICES OF NO. 2 MIXED CORN.
5 49
j
....
8'J^
82^
84 34
8378
Thurs.
Speculation has continued
sluggish, exports impeded by high ocean freights, and arrivals
via canal quite full. The pressure to sell was naturally attended
by some decline, although it led to rather more activity in the
regular dealings. There is still very little yellow or white
corn offered, but these grades are not much wanted, and do
not bring much more than mixed.
To-day there was further
depression and a very unsettled feeling.
d.
...
....
....
Wed.
81 Lj
Tues.
82
8 5s
8 2 34
Indian Corn has also declined.
5 48
November.
Nov-Dec...
delivery
January delivery
February delivery
March delivory
Mon.
82
°214
8IV2
83*s
Open High Low. Clos.
<l.
Jan-Feb
..
Rye Hour, superfine..
I
Open High Low. Clos. Open High Low. Clos.
1
:
and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
5
CLOSING TRICES OF NO. 2 RED WINTER WHEAT.
Sat.
Afloat
December
The tone of the
Liverpool market for spots and futures each
day of the week ending Nov. 21, and the daily closing prices
of spot cotton, have been as follows:
steadier tone,
a
dearer.
DAILY
statement of the week’s
5S9
November 21, 1884.
•
268,055
46.492'
145,427
4,380
0,028
13,900
82,303
28
1884
1883
1882-...,...
3.411,905
depressed early in the week,
and some of the lowest
The exports from the several seaboard ports for the week
figures ever quoted were accepted for
C mice
family grades. Rye flour and corn meal also showed a ending Nov. 15, 1884, ar^shqjp. in the annexed statement;
was
690
THE CHRONICLE.
Export*
Jrtm
Wheat.
-
Corn.
Bosh.
197.526
Bush.
New York
Boston
Portland
Monti eal
Ftour.
627,020
57,998
108,709
47, *62
Philadol..
Balnm’re
N. Oil’us
N. News.
56.0
6
Oats.
Domestic Cotton Goods—The exports
Feat.
Rye.
Bush.
85,872
46,273
Bush.
Bush.
35,155
79,664
......
12,402
19,905
3,135
6,000
498.733
16,386
9,744
Total w’k 1,298,710
321,268
161,229
35,155
B’me timt
18 s* 3
497,697
154.917
2.531
35
3,000
92,066
3,000
101.739
78.411
'
764,432
.
The destination of these exports is as below.
corresponding period of last year for comparison:
Flour.
We add the
Wheat.
Corn.
Exports
tor rctek,
1884.
1883.
1884.
1883.
1884.
to-
Week.,
Week,
Week,
Nov. 15.
Week,
Week,
Nov.
Nov. 17.
15.
Bbls
102,587
Un.Klng
Nov. 17.
15.
Bush.
339.246
Bush.
555 992
Bush.
253.924
Buxh
3' 0.179
8,515
949,917
207,840
50.706
5,213
17a,007
9,688
300
6,232
6,328
15,706
W. Indies
Bril.col’s
Otli.e’n’ts
18.- 69
7 967
15.v 1 5
17,194
14.799
115
08o
1,020
9.432
1 61/’29
Nov.
1883.
Week.
Nov. 17.
Bbls.
102.401
Contiu’nt
8
('.Am
To*r1
........
1H.MI7 1,298.7U
60J
1,437
"64.4 32
321.763
11.229
1,000
497,697
By adding this week's movement to our previous totals we
of exports since September 1,
have the following statement
this season and last season:
Flour.
Exports sinci
Aug. 25, to—
IVfteat.
1883.
lfti-4.
of domestics for the
4,844 packages, including 1,858 to Great Britain,
1,706 to Africa, 344 to Chili, 287 to Argentine Republic, 150 to
Hayti, 146 to U. S. of Colombia, &c. The demand for staple
cotton goods at first hands continued
irregular, and the jobbing
trade was spasmolic.
Bawrence LL brown sheetings were
reduced to a temptingly low price, in order to close out the
accumulated stock, and these. popular goods found
ready
buyers. Other fine brown and four-yard sheetings were ako
reduced to correspondingly low prices and liberal tales fol¬
week
Bbls.
Corn.
1883.
1884,
1884.
[VOL. XXXIX.
•
1883.
were
lowed.
Colored cottons were
certain wide sheetings
more
active in
some quarters,
which were marked down by
agents; but bleached goods, cotton flannels and coieet jeans
were relatively quiet.
In spite of the sharp advance in raw
cotton, prices for manufactured goods have not responded
(save in the case of print cloths), and it is still a buyers’ mar¬
ket for many makes of plain and colored cottons. Print cloths
were in good demand and dearer, in
sympathy with cotton,
the market closing frm at 3 3-16c. for 64x04s and 2 13-16c.
for 56x60s.
Fancy prints continued quiet, but large sales of
shirtings were effected by agents and jobber at unprecedent¬
edly low- prices—a well-known 64x64 make having been sold at
4c. net p(*r yard.
Domestic Woolen Goods.—There was a
slight improve¬
ment iu the demand for men’s-wear woolens
by tne wholesale
clothing trade, but the volume of business was by no means
sa isfactory. Worsted
coatings and suitings continued to meet
with a fair share of attention, and there was a moderate call
for small parcels of all-wool cassimeres and
trouserings, but
there was no real snap to the demand.
Cotton warp cassi¬
meres were more
sought after, but buyers were exceedingly
cautious, despite the low prices at which many desirable
as were
fabrics are offered.
Satinets were taken in small lots to a fair
amount, and there was a steady movement in indigo-blue flan¬
Bbls.
Bbls.
Bush.
Bush.
Bush.
Bush.
! nel suitings, hut little, if any, improvement was noticed in the
Un Kingdom
2,360 013
1,237,383
7.103,540
8.873,724’ demand for Kentucky jeans or doeskins.
1,289.814 8.031,481
Flannels and blank¬
ets ruled quiet in first hands, and there was a limited call for
Continent...
03 941
415.741
140,21-9
5,114,818
2,1-2,533
8,808 791
151.985
8. & C. Am...
120.028
375
o23 -190
ladies’ cloths, tricots, cloakings and Jersey cloths, while
29,254
220,879
shawls
West Indies
208.748
91,921
130.134
20‘,387
10,583
and skirts moved slowly.
All-wool and worsted dies? goods
Brit, Col’nies
198 874
115
10
195,435
24,500
60,839
were in light request, and the demand for
hosiery and knit
Oth. countr’8
600
8.702
13,437
7,933
8,171
101,900
underwear failed to realiz * expectations.
! 918.0*0
Foreign Dry Goods were mostly quiet in first
1,891.108 16 88« 078 12/35,920
3.151,321 11,971,680
hands, but
a fair business in silks, satins,
velvets, Ac., was done by a few
The visible supply of gram, comprising the stocks in granary
leading importers by means of price concessions. Dress goods
at the principal points of accumulation at lake and seaboard
were in limited request, and linen and white
Aug. 25 to
Aug. 27 to
Aug. 25 to
Aug. 21 to
Nov. 15.
N.v. 17.
Nov. 15.
Nov. 17.
Aug. 25 to Aug. 27 to
Nov. 15.
Nov. 17.
■
...
.
.
ports, and in transit by rail and water, Nov. 15, 1884,
was as
follows:
Wheat,
In store o l —
b ish
New Yoik
10/31 ,.(55
Do
ailoat (est.)
799,4:9
2.1 00
Albany
Newport News.
Milwaukee
Duluih
Corn,
On Is,
busk.
bush
1.584,000
96-1,724
257,852
275,000
89,386
369.395
1.766.9:3
2,416
531
40,654
0,215
29,098
3,750
18.803
31,553
2.7(» 1
141,385
495.277
7 6,0 ■ 7
11,914
4 -',755
2-11 951
70 096
7,0i L
6,172
1,235
79.4»5
50,494
112,743
118,976
525,326
14.302
1 2195
278.0 i 6
200
150
2 * 7,:- 01
tu>7
1 110
630
7,184
24,453
2,863
Deiroit.
403.6GG
Oswego.
236,657
2,163.6-8
663,414
7,150
Peoi in
124,900
Indianapolis
Kansas t ity
Baltimore
Djwe Mississippi.
On rail
On lake
On canal:
Tit. Nov.lV84.
T *i. Nov. 8, >4.
Tot. Nov.l 7. 't*3.
T,i Nov. 18.’82.
Tot. Nov. 19, ’81.
Rye
bush
78.33 4
8,11.1,410
2,377,367
Philadelphia
bush
1 o 7, l "6
3 2,000
29.< 00
50.0 44
......
1 9.. 0,588
Cincinnati
Boston
Toi onto
Monm al
Barley,
260,*62 1,033,711
3s9,68 L
6,000
75.900
196.000
42,0 )0
m
m
m
m
m
m
49.057
20 853
12. H 0
891.1*3
31,820
30,759
1,000
2.355
891 342
5 5,2 17
4 5.7‘.ig
1,125,010
1.263,513
1 40.000
7,570
1,043,056
3
69,233
325,494
500,820
119.4 33
86 778
105,600
3 1,! 53
1< ,001
83,251
496.073
112,341
178.659
„
3 287
-
•
46,309
51,419
5l 8,931
1.233
43.396
i 8.889
10 >,926
17,061
2 70 251
for the
(73
e-t
r-f
0
r*
et*
TRADE.
Friday, P. M., November 21, 1884.
The
"past week has witnessed a freer movement in some
descriptions of both foreign and domestic dry goods, but the
general demand was comparatively light—as usual at this
advanced stage of the season.
Manufacturers’ agents who
are about
closing their semi annual accounts with the mills
were enabled to make large sales of brown and colored cot¬
tons by means of liberal price concessions, and a considerable
distribution of foreign silks, satins and velvets was effected in
like manner by leading importers desirous of reducing their
otal
~
g:
!* 3;
P
.
•
•
•
•
•
•
•
•
1
•
t
•
•
•
i^
dIH
.
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•
K
•
|
cr.
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—
—
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CD -4
M
CD
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CD O
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CO
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com
O ID
1—
»-»
CO
M .O If- 0> 05
to
4*-l
00 35
if-
—
>—*
C5*C5 O'
f—
—
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—
to MM to
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00 00
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to OC CD f- O
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r-f
•
•
g
®
;
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c
.
.
•
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•
•
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*
•
•
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•
■
:
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:
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adapted to the spring trade, as shirt¬
ing prints, fine ginghams, white goods, &c., although orders
were placed with more than usual caution.
The weather was
somewhat unfavorable for the development of an active
demand for consumption, but a fair average business was done
in jobbing circles generally, and large sale3 of domestics,
shirting prints, &c., were reported by a few of the leading
jobbers, who resorted to “cutting” prices in Order to stimulate
business.
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35,504,729
THE
Bry Goods.
importations of dry goods at this port for the week
ending Nov. 20, 1884, and since January 1, and the same facts
36,576.635
4,325.! 18 3.477.714 2.480,710
780 0G8
5,088 112 3,685.4 G9 2,473,*32
GG2 4-8
31.405.247 9.198.026 5,4:9,359 2,752.165 2,377,229
20,216,611 4,396 888 3,*09,909 3,070,439 1,221,470
2o,614,3o6 22,407,097 3,271,731 2,914,349 1,256,246
of
The
P*
4,700
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Importations
8
m
3,725
goods ruled
quiet; but a fair distribution of handkerchiefs, embroideries,
laces, &c., was made to retailers who are about making prep¬
arations for the coming holiday trade, and there was a moderate
movement in hosiery and fabric gloves.
Imports continue
light as compared with former years, but no scarcity of foreign
goods is apprehended.
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