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HUNT’S
MERCHANTS’
J
MAGAZINE,
It 1w 0 pa p e *,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL
INTERESTS OP THE
[Entered, according to act of Congress, in the
VOL. 33.
year
SATURDAY, NOVEMBER 26, 1881.
CONTENT8.
THE
The Financial Situation
Business Activity Reflected in
Railroad Earnings
574
Baltimore & Ohio and the War
of Rates
575
THE
and
Railroad
Bonds
Stock
Exchange
Returns
Y.
585
Investments, and State, City
and Corporation Finances... 586
582
THE
579
GAZETTE.
Quotations of Stocks and Bonds 583
New York Local Securities.... 584
Railroad Earnings and Bank
581
Rauge in Prices at the N.
577
News
and
Stocks
577
and
Commercial
English News
578
Commercial and Miscellaneous
Money Market, Foreign Ex¬
change, U.S. Securities, State
NO
857.
causing chief anxiety ? A few facts in the Treas¬
just issued, develop it pretty clearly. Ac¬
cording to that report, the coinage of standard silver
dollars to the 30th of
September had reached $98,322,705.
The average
monthly coinage during the last year has, it
appears, been about $2,400,000, and
consequently on th#
first of November the total coined had
reached the large
aggregate of nearly 100 millions; of which there were in
circulation about 33^ millions,
leaving on hand 66J mil¬
lions, with an issue of silver certificates in just about the
urer’s report,
Monetary
BANKERS’
STATES.
now
CHRONICLE.
571 Sand in Cotton
572 Blunders by Telegraph..:
We Must Have More Gold
UNITED
1881, by Wm. B. Dana & Co.. In the office of the Librarian of
Congress. Washington, D. a]
COMMERCIAL TIMES.
latter amount.
But
there
are
other facts which should
appear
by the
During the time silver coinage
590 I Dry Goods
597
has been in
progress, we have imported about 20#
millions of gold, besides
retaining our own production.
It is not quite accurate to
say that the import was because
The Commercial and Financial Chronicle is issued
every Satur¬ of our produce shipments ; those shipments furnished the
day morning, with the latest news up to midnight of Friday.
{Entered at the Post Office at New York, N. Y., as second-class opportunity, but the gold came because we wanted the
gold more than anything else the world had to send.
mail matter.]
Had we been on the old
greenback basis, or on a silver
TERMS Or SUBSCRIPTION-PAYABLE IN
ADVANCE*
basis, the gold would not have come—in the former case,
Commercial Epitome
Cotton..
589
j Breadstufts
596
side of
the
foregoing.
%\xt Chronicle.
For One Year (including
postage)
For Six Months
do
-
Annual subscription in London
Sixmos.
do
do
$10 20.
6 10.
(Including postage)
do
£2 7s.
1
8s.
Subscriptions will be continued until ordered stopped by a written
•order, or at the publica tion office. The Publishers cannot be
responsible
for Remittances unless made
by Drafts or Post-Office Money Orders.
Advertisements.
Transient advertisements are published at 25 oents
per line for eaoh
insertion, but when definite orders are given for five, or more, insertions.
*liberal discount is made.
Special Notices in Banking and Financial
column 60 cents per line, each insertion.
London and
Liverpool Offices.
The office of the Chronicle in London is at No.
74 Old Broad Street,
lu
Liverpool, at No. 5 Brown’s Buildings, where subscriptions and
Mvertisement» will be taken at the regular rates, and
single copies of
too paper
supplied at Is. each.
,
WILLIAM B. DANA. ?
JOHN o. FLOYD,
j
WILLIAM B. DANA & OO., Publishers,
79 & 61 William Street, NEW YORK.
Post Office Box 958.
merchandise
case
at the
ruling high values, and in the latter
silver, would have been
sent in payment
for
our pro¬
duce.
We
then, however, establishing a gold currency,
gold for that purpose, so it flowed in
rapidly as soon as the opportunity offered. Yet even with
this large addition, we still have an
aggregate, including
the invisible stock, very
much less than either France or
England, and with a country so large, and a population so
scattered, we require more, and can and will secure more,
unless we continue to
repel it. Our silver coinage law is
a
cunning device, possessing just that repelling force,
and
were
we
needed
though of course not so intended. It is an instrument for
furnishing a cheap substitute, and thus in part satisfying
J=F* A neat tile cover is furnished at 50 cents;
postage on the same is without
18 cents. Volumes
bound for subscribers at $1 00. A complete set of
supplying the need for gold; and the facts as to
the Commercial
and
Financial Chronicle—July, 1865, to date—
silver
be obtained at the office.
coinage and certificates stated above, measure the
effort of this unnatural law of Congress
during the last
WE MUST HAVE MORE GOLD.
three years to keep gold out of the
country and to forte
A new Administration is about to enter
upon the work silver and its representatives into its place.
shaping a Government policy. Having no history as
Consider how much safer the monetary situation wTould
yet, it desires, we assume, to make a record which will be with
gold coin diffused generally among the people.
secure
unquestionably the sympathy of the conservative Now our stock is in very great part visible, and in case of
classes of the
country. Their support is an unfailing an adverse trade balance it is in position to respond
resource when once
gained. Besides that, a policy that is quickly to a foreign demand. Throughout the entire
right in principle is always a source of strength, and
late country, the people themselves hold only about two
years have proved it a
capital investment for parties.
In hundred and twenty-five millions and perhaps less. We
fact,1 the party in power is wholly indebted to its better are accustomed to look at our
large visible supply and
record on financial
questions for the long and continued express satisfaction because it compares so favorably with
confidence shown it by the people.
the holdings of the Banks of England and France.
But
What is the feature in our fiscal
those
countries
arrangements which is
have, besides, very large invisible reserves.
-
fHE
572
CHRONICLE,
in this way about 600
millions in active circulation, and Franco about 900 mil¬
lions.
Observe how the Bank of France is now drawing
gold from this source, through the receivers of taxes and
thus replenishing its diminished holdings ; it took this
course a year ago and the consciousness that the
oountry possessed such abundant supplies has prevented
los3 of confidence, while the visible supply was so rapidly
England is supposed to possess
eame
decreasing.
[VOL. xxxiw
gold instead if We only stopped tho coinage and
of trade to assert their natural influence.
We have mado no reference here to the faots so often
obtain
allowed the law3
presented in these oolumns, showing and proving that the
course suggested would in the end also secure the ro-ostablishment in Europe of silver as currency on a par with
gold. That conclusion is so obvious, following &o evi¬
dently from what wo have said, that it is unnecessary to
dwell, upon it'. Nor will wo stop to point out the actual
danger threatening the permanency of our gold standard
if we persist in this silver coinage.
These dollars have
now reached over 100 millions, and with the help of silver
certificates all of them are in circulation, although worth
12 per cent less than cur gold currency.
It cannot require
the eye of a prophet to see that these two currencies will
not stand side by side if tho cheaper one is allowed to
increase indefinitely.
There is a limit, and how soon it
affairs would bo seriouslv disturbed, if not thrown into confusion. Our whole
currency fabric is built upon our visible supply of gold, being
almost wholly paper with that exception.
If only a portion
of this base or support was withdrawn, it would make the
whole fabric totter. This is the explanation for the great
sensitiveness our markets have soverai times shown under
the fear of such a possibility—notably in the winter and
will be reached no man can tell.
But when it comes it
spring of 1879-80. What the country needs, if .its cur¬ will come suddenly and unexpectedly, and through somo
rency is to be put into a thoroughly conservative position, revulsion which will disturb confidence and. make tho
is.at least two or three hundred millions more of gold to
truth appear.
be drawn from the old accumulations of Europe; that,
In tho light of the foregoing, is it not evident that
with our production oonstantly retained, would give us a
policy, principle, tho safety of our currency—all, call for a
consciousness of strength, in place of the sensitiveness
pronounced course of action on tho part of tho Adminis¬
which is now felt at every upward turn of the foreign
tration on tho question of silver coinage ?
In
a
similar
position our monetary
exchanges.
cannot secure this additional
supply—Europe has not got it to spare. Wo think dif¬
THE FINANCIAL SITUATION.
ferently. At least we need it, and it becomes us there¬
The monetary situation, so far as the influences acting
fore not to repel it, but to do our best to secure it.
We
concerned, has undergone no material change during
do repel it, when we attempt to supply the people’s
tho past week.
That is to say, t! e: c is no really new
demand for currency with a cheaper substitute.
The gold feature
to present, but some modification in the forces at
will not come under existing circumstances, unless a want
There is the same sensitiveness but greater in
work.
draws it.
As illustration, we can note the fitful nature of
degree, (lie same'anxiety with regard to the action of
the movement from Europe to us the present season ; it
Government * but more earnest because relief is defied,
has halted with every weakening in tho rates of interest,
and only slight variations in tho exchanges, except in
and lias been resumed each time tho rates have risen.
foreign exchange, which lias grown weaker, and started
See, this very week, a decided renewal of tho shipments the flow of
gold from Europe again. The temporary
from London, and possibly from Paris, under a slight
demand for monoy has therefore increased in activity
increase of activity in our money market.
Our foreign
during the week, while a prospect of some relief, though
trade is thus in such a condition that we can have gold if
remote, has been added in tho anticipated gold arrivals
we want it, and if these silver certificates^ had
not been which must begin to reach us about a week hence.
issued, a very considerably larger supply of gold would
The special feature of the period under review has
have been received, and it and silver dollars would have
been, a3 it was last week, the disturbance of confidence
satisfied the Western and Southern demand.
which late bank failures have produced, and which the
We admit that this struggle for gold is to be a severe
com plications at Boston at the close
of last week have
one.
But Europe has said that gold alone shall be the
served to increase. The unbusinesslike and indefensible
basis of international commerce, and would it not be pru¬
methods by which the Boston banks, which suspended,
dent to accept the guago of battle thus thrown down and
were managed,
naturally caused great uneasiness, the
act as if it were to be so; for if it is, we need-more gold
and must have ik
Every silver dollar we coin, and, public not knowing how far other banks might be involved
how widely extended the weak spots might be. If such
worse still, every silver certificate we issue, weakens our
condition wa3 tolerated in the most conservative city of
position. The certificate is the more objectionable because the country, it was argued, with some force, that not
(1) it prevents or checks the outflow of dollars already much could be expected elsewhere. This feeling however
coined which might in the absence of the certificates find
subsided in great part as the week advanced, the general
a lodgment in the remote agricultural districts and there
opinion tending to the conclusion—on the basis of the facts
remain; and (2) because the certificates in a time of gen¬
and figures we gave in onr articlo on bank management
eral confidence move so readily and perform so nearly all
last week—that those were exceptional cases such as will
the domestic purposes of currency, and yet do not fulfil any
in every system as time progresses. Still, unfav¬
of the requirements of our foreign commerce.
That is to develop
orable rumors have every day abounded with regard to
say, the certificates give us a substitute for the real, and
other banks in other cities ; set afloat probably for specu¬
keep out the real, although iu time of general distrust they
lative purposes, but yet under the circumstances keeping
would be of limited service and might prove a source of
the uneasiness alive, and making all bank officers more dis¬
great annoyance and danger.
But we need not prolong this discussion.
It is already, criminating in their acceptance of securities for loans.
Fuithermore, Bc&ton unloaded upon New York, early m
we think, apparent to every reader that wo need
further tlie
week, some of the stocks and tonds which had been
large supplies of gold to Rive stability to our financial
held there and drew upon this centre for funds.
system; that our coinage of silver and the issue of certifi¬
Notwit hstanding the increased activity in money, the
cates are weakening our power to secure those supplies, while
Treasury, as stated above, has furnished no relief, but has
not really adding a dollar to actual currency, for we could
But it rrmy
bo said that we
are
or
a
50VBMBER
■r
20,1881.j
g^e~on accumulating funds,
THE (JHRONKyLE,
.our Sub-Treasury having
added to its holdings $1,143,810 during the week.
This has been a great disappointment. Conservative peo¬
ple do not desire the Government to artificially make
money easy or to manufacture any more currency through
573
in tho open markot for shipment
this
fall
in
exchange, it
hither, in anticipation of
is impossible to say
with certainty, but it is reported that some small
amounts have been so taken.
This gold should arrive
before the closo of next week, and the
proceeds will get
into the banks by the 8th prox. at the latest.
Estimates
certificates or otherwise. All they desire is that the
currency wo have should be allowed to work automatically as to further sums from Europe cannot be made.
At tho
moment
the
and to respond to the demands of trade freely. As the
exchange market is unsettled and weak by
reason of the
case stands, through unmatured calls of bonds, &c., and
pressure cf bills drawn against cotton, food
through its daily receipts, the Government is holding out¬ staples and securities. Tho movement of the first-named
side the channels of commerce a considerable amount of commodity is likely to be free in tho immediate future
bankable funds. Such contraction disturbs all business, and cotton bills make exchange rapidly. There has been
largely because of the uncertainty it produces, relief a bicak down in the grain speculation at Western centres
depending upon the action of ono man, and that action mainly owing to the large receipts and to the more favor¬
being frequently hindered or interfered with by the law able condition tor threshing. A period of cold weather
'itself. It is a cumbersome system that works such results, prolonged sufficiently to harden the turnpike roads, thug
and should be speedily revised.'
enabling the transportation of grain to the railroads, would
The announcement was made Saturday that the Assist¬ tend to augment the receipts at the Western cities and
render more difficult the maintenance of prices
ant Treasurer had been instructed to redeem so much o
high
the balance of the bonds allotted for redemption on the enough to cheek tho movement to the seaboard or to
OthandlGth as had not been sent in to the department, Europe. It is reported that tho interdict against tho
these bonds amounting to about $3,900,000; but none were importation of pork into France has been removed.
This
offered to the Treasury under this amended order, none would appear to be confirmed by the fact that exports of
were obtained on Wednesday and there is little probability
hog products have been within a few days a little more
of any being sent in
on tho
30th. It is evi¬ free, and if France is taking the usual proportion the
dent that the Secretary cannot get his surplus funds out export movement of this staple will add
largely to the
by tho offer to redeem called or uncalled bonds with supply of bills upon the market, thus aiding materially in
interest to the date of presentation.
The extended Gs are keeping rates down to the gold-importing point.
now worth more in tho
market than the price which the
There is also good evidence of the outward move¬
Government offerand they may bo expected to rule ment of securities during tho week.
Whether these
above this figure even after the exceptional demand for havo been purchased bore for European account or have
them ceases, which demand arises from purchases for been sent abroad on consignment or for a market it ig
temporaly investment usual at this season of tho year. difficult positively to as erf, but the belief is that some
Some other plan will have to bo bit upon for the have gone out in response to a legitimate demand, while
redemption of these securities. It is suggested that as others havo not. To the extent of the legitimate export of
about half of the bonds embraced in the call maturing securities the exchange market has beer supplied with
bills,
December 21 have not been forwarded to the department but it would be unsafe to calculate upon a further consider¬
an offer to
redeem the balance of 9.1 millions, without able supply from this source. It will be seen by the subjoined
rebate of interest, would induce the surrender of a con¬ table that the Bank of England is
in no better condition
siderable portion of them.
to
now
stand
a
drain
of
It lias also been suggested
gold tfian it was six wetks ago.
that in future calls for the 6 per cents only 30 instead of Tho Bank has lost about £1,000,000 since the rate of
90 days’ notice be given.
The Refunding act of 1870 re¬ discount was advanced to 5 per cent on the 6th
quires 90 days’notice for calls under that act, but there is of October. The Bank of France gained gold first from
no law
regulating the time to be allowed for calling in the London and afterward from internal souroes, and the stock
Gs, and it is claimed that 30 days would be all that holders of tho Bank of Germany has been decreased about
cculd reasonably require.
This latter, however, would be £2,000,000. This vTeek the Bank of England shows a
a
very important change in the modo of procedure, and decrease of £70,000. The Bank of France reports a gain of
could not be done without a full consideration of its effects 6.600,000 francs
gold and a loss of 5,075,000 francs silver.
on the bonds and
Money in the open market in London has risen within the
upon bank currency.
It is reported that the Secretary of the Treasury con¬ past few days, doubtless owing to the drain of gold from
templates the purchase of 4 or 4£ per cent bonds, pro¬ the Bank, and if the demand from America should be
vided this can be done without loss to the Government, urgent we may expect an early advance in the Bank rate.
instead of calling in any of the continued bends. It is The following shows the amount of bullion in each of the
probably in anticipation of some such course that the principal European banka this week and at the correspond*
market price of the 43 has been recently advanced.
If ing date last year.
the Government attempts to buy the long bonds the market
Nov. 25 1880.
*0* 24 1831.
will doubtless soon be
swept bare of them, and the price
Gold.
Gold..
Silver.
Silver,.
will advance so as to
place them out of reach. The possi¬
&
&
&
bility of this will probably be considered before the Secre¬
26,919,90s
Rpnlr nf "Rnv-Jnnfl
•20,610,061
tary announces his decision.
Ba*k of France
25.3tt0.25ti 47.010,857 21.768,555 19,403,939
As already stated, there is another source of supply of Bank of Germany
9.127.33:4 18,25»,667
6.500,86? 19.5*20.5***
funds, besides the holdings of the Government, about Total this week
52,18»/782 66,540,44 57,735,701 *-,7.653,605
5V.102.782 66.404 44 < 57.438.551 67 618.683
Total
which calculations cannot be accurately made, but which
previous week...
may prove important. The rafes of exchange fell off this
With regard to domestic movements of currency, the
Week, and already we have advices of the withdrawal on main demand has this week come from Boston, though
Wednesday, from the Bank of England, for shipment to the South is still drawing upon this centre. It is expected
America, of £113,000 gold;, and Friday the lurther sum that as soon as confidence is restored in Bostor, there will
of
£200,000 was withdrawn, but what portion of it was for be a return of the funds it has taken from us. The Treasury
America we have not learned. How much haa been bought operations for the week include the receipt of $1,000,000
silver
,
•
£>
.
.
,
CHRONICLE.
THE
574
This makes a net gain, which is
gold from Philadelphia.
BUSINESS ACTIVITY REFLECTED IN
ROAD EARNIN OS.
The payments by
the Assay Office through the Sub-Treasury amounted to
.$298,035, and the receipts by the Sub-Treasury from the
a
loss to the
banks, of $1,143,809 83.
Custom House
were as
The
being published in relation to
our internal commerce.
Some special railroad earnings
have been made public the past week which illustrate this
truth.
For it is noteworthy that even in those sections
where the movement of the crops has been greatly dimin.
ished the increase in earnings is no less evident. Thus for
the first three weeks of November the receipts of all kinds
of grain at Chicago and Milwaukee were only 6,383,323
bushels this year, against 10,201,215 bushels last year.
Nevertheless, there is very little trace of this visible in tho
returns of the leading Northwestern roads, commonly de¬
nominated as grain carriers, for despite the smaller ship¬
ments of grain, and despite also a falling off in the ship¬
ments of hogs, the St. Paul, the Northwest,
the St,
Paul & Omaha, and other representative roads, report fair
increases in receipts for the first and second weeks of th$
The loss in'grain and provisions was wiped out
month.
and more than wiped out by the gain in general freight
and by an augmented passenger traffic.
Another evidence of the expansion that has taken place
in the volume of business is seen in the report of the Rail¬
Consisting of—
Gold.
“
19....
$560,736 53
286,297 45
“
21....
425.228 90
$433,000
229,000
306,000
“
22
493 691 64
330.000
“
23....
290,568 01
215,000
“
24
Not. 18....
...
.
...
Total...
$2,056,522 53
77. S.
Silver
Silver
Notes.
Dollars.
Cei'tificales.
$116,000
$12,000
6.000
11,000
14,000
11,000
1,000
51.000
1,000
103,000
93,000
65,000
1,000
Holiday.
$438,000
$1,563,000
following shows the Sub-Treasury operations for
week ended November 23, and the receipts and ship¬
The
the
ments
of
gold and
currency
reported by the leading
banks.
Into Banks.
Sub-Treasury operations, net...
Interior movement
Total
interior
The
movement
(hitof Banks
Net Loss.
1,275,000
2,690,000
$1,143,810
1,415,000
$1,275,000
$3,833,810
$2,558,810
$1,143,810
$
as
above embraces
all
the
receipts and shipments of gold and currency reported to
us by the principal banks for the week ended November
23, which (stated in our usual form) are as follows.
Receipts at and Shipments from N. Y.
Currency
Cold
Total.
road
$883,000
41,000
1,802,000
$1,275,000
$2,690,000
The stock market has been more or less unsettled dur¬
ing the week, and as it was partially recovering from the
effects of the flurry in Boston it was unfavorably influ¬
enced by active money and by the report that the trunk¬
line railroad war was not on the eve of adjustment, as had
been stated.
The evidence which the returns now being
published furnish that the war has been damaging
to all the roads, encouraged the speculators for a fall
make
the
and
attack upon the principal railroad stocks,
readiness
with which these
properties
an
yielded to the pressure had a demoralizing effect
upon the whole list.
The activity in money and the
prospect that this week’s bank return would show a large
decrease in reserve in consequence of the drain to Boston,
and the further accumulations in the
ted to
are
Commissioners of the State
of Wisconsin, for the
by companies having any mileage at all in Wiscon¬
The total gross earnings thus aggregate $39,298,268,
against only $31,779,355 in 1879-80.
Net earnings,
owing no doubt to the unusual rigor of the winter, have
not increased in the same ratio, reaching $17,400,710 this
year, against $16,526,588 last year; but this does not bear
upon the point we are at present discussing, of the increased
activity of all branches of trade as reflected by the gross
receipts of the railroads.
The figures cited above relate chiefly to the Northwest.
The remarks about them are applicable to the entire coun¬
try, as other sections show equally favorable results.
Gould’s Southwestern system of
roads, • namely the
Missouri Pacific, Missouri Kansas & Texas, International
& Great Northern, St. Louis Iron Mountain & Southern,
and Texas & Pacific, on earnings of $479,760 for the first
week of November, 1880, exhibit an increase this year of
$99,566, and on earnings of $480,312 for the second
week an increase of $95,227, or pretty nearly $200,001
for the two weeks. The returns of Massachusetts railroad*
to the Commissioners of that State for the year ended
ated
$1,234*000
$1,675,000 in gold were this week taken out of the
vault of the Bank of America by the associated banks.
to
figures which
fiscal year ended June 30.
The report covers not only
the lines within the State, but also all lines without, oper¬
Shipped.
Received.
RAIL.
great activity in general business finds new evidence
in all the
follows.
Duties.
Date.
[Vol. xxxin.*
Treasury, contribu.
make the stock market unsettled. There was only
sin.
partial rally on Wednesday afternoon, on the rumor Sept. 30 have not yet been tabulated, bo we cannot com¬
a plan was being arranged by the Treasury for the
pare the aggregates; but an examination of the reports of
relief of the money market.
Friday exhibited a much some of the leading companies proves that the roads of
better feeling notwithstanding the activity in the money New England are no exception to the rule of increased
market. The following table, showing relative prices of business everywhere.
Net earnings in some in»
bonds and stocks in London and New York, at the open¬ stances are smaller than in the previous year, but tbs
ing each day, will indicate the margin of profit for cable causes (in the main exceptional) tending to swell expenses
transactions between the two cities, and also what proper* are well understood, and we need not refer to them now.
ties are supposed to be in demand in London.
As to the enlarged volume of traffie, however, there cat
be no doubt.
So everywhere we meet with signs of our
Nov. 23.
Nov. 22.
Nov. 21.
Nov. 24.
Nov. 25.
extremely prosperous condition. The North, the West,
Lond'n N.Y. Lond'n N.Y. Lond'n N.Y.
Lond'n N.Y.
prices.* prices. prices* prices. prices.* prices.
prices* prices. the South, the East, all share alike in the present activity.
*
116-64
116-70
U.8.4s,o. 11700 new 117-00
116%
1165%
117
We have been led to refer to this subject to-day by the
*
101-95 102%
101-74
U.8.3%s 101-93 101% 101-95 102
102%
46*36
43-36
46
4595
Brie
4554
45
45%
46%
disposition evinced in certain quarters to lay unusual
fc
161-95* 103% 101*46+ 103% 101-46+ 103%
2d
100-77* 104
stress upon the somewhat unfavorable exhibit made lj
.9
m.Cent. 133-26 132% 132-90 131% 13210 181%
131-54
130%
13921 138% 138-22 137%
N. Y. C.. 139 09 139
137-47
137
the Pennsylvania in its October report, issu d yesterday*
Reading 32-89+ 05% 3313-r
32-94+
65% 33*10+ 65%
65%
It is argued that rates were advanced in October, that
s
Bxch'ge,
therefore the effects of the railroad war were less discables.
4-85
4-85*
4-85%
4-84%
Expressed in their New York equivalent,
astrous in that than in any previous month, and that con¬
t Reading on basis of $00, par value.
4 Kx Interest.
sequently the smaller receipts this year, when compared
a
that
'
o
<0
-
con.
H
*
26, 1881.]
HOTBMBER
THE
CHRONICLE
575
be regarded as peculiarly unsatisfactory. the gain in receipts which the road has made
This statement of the case is not quite correct, and besides during
the last two years is to be attributed
We cannot prove this
not sufficient weight is given to a falling off in the grain to this latter source.
directly,
movement to the seaboard. It is not true that the higher because the information given in the company’s reports i6
rates were in force any considerable part of the month of very meagre; yet we have indirect evidence of the truth
October. It was not until Tuesday the 25th that the of our statement in the statistics of the coal
tonnage on the
Pennsylvania announced its purpose to advance through main line and some of the divisions. For instance, the
rates on grain and provisions to New York to 20 cents per through tonnage of merchandise, east and west
(no figures
with last, must
hundred pounds, with differential allowances in favor
of Philadelphia and Baltimore, and it is not clear that the
advance went into full effect before the 1st of November,
so that the company could have reaped little if any benefit
from it.
But even a 20 cent rate is nothing to
boast of,
for it should be remembered that last
100
of the local
traffic, have
ever
been
fiscal year is stated at 2,014,110
tons in 1878-9, an increase of
published), in the late
tons, against 1,425,629
588,481 tons; during the
same time the coal traffic has
grown from 1,596,004 tons
to 2,180,608 tons on the main
line, a gain of 584,604 tons;
from 1,599,695 tons to 1,980,102 tons on tho
Pittsburg
year the rate was 30 cents on grain and still higher on division, a gain of 380,407 tons; and from 195,276 tons to
provisions. It follows that had a 20 cent charge ruled 378,917 tons on the Trans-Ohio divisions, again of 183,641
during the month it would yet have been 331- per cent tons, making a total gain of 1,148,652 tons in coal. We
below that of 1880.
have no means of
knowing the tonnage mileage, but the
In addition, the diminution in grain transportation? figures cited make it
sufficiently clear that the transporta¬
tion
of
coal
is
an
already alluded to, was very decided. The receipts at the
increasingly important item to the com¬
Atlantic ports, which last October were more than 36 mil¬ pany. To show the several items of traffic—or at least all
lion bushels, were this year less than 20£ millions. Further¬ that are to be found in the
report—for a number of years
Philadelphia’s percentage of this movement, which
almost 14 J per cent, is this year only 7£, so
that that port suffered a double loss. It is claimed that the
Pennsylvania made good a portion of the loss at Philadel¬
phia by a gain in its deliveries at New York. But when it
is borne in mind that the receipts at the latter
port
reached only about 11 millions this year, against about
19 millions in October, 1880, it will be granted, we
think,
that any gain here must have been
insignificant compared
with the loss at Philadelphia.
Allowing for the lower
rates and the reduced volume of
grain freight, a decrease
in earnings of $209,743, or but 6
per cent, from last year,
is certainly not very strange, and
even the larger decrease
of $333,362 in net earnings is not
surprising in the face
of a 12£ cent rate, the rate
prevailing before the advance
to 29 cents.
There is in the latest exhibit of the
Pennsyl¬
vania no evidence of
any check to general business
activity, which is as pronounced as ever, but only renewed
indication that the rate war is proving
unprofitable to
those engaged in it.
more,
BALTIMORE & OHIO AND THE WAR OF RATES.
At the annual
meeting of the stockholders of the Balti¬
Railroad, held this week, President Garrett
presented the report of the directors covering the opera¬
tions ©f the company
during the late fiscal year ended
Sept. 30. The report has not yet been issued in pamphlet
form, so we shall have to content ourselves with the
more
k Ohio
abstract furnished for publication, which contains
merely
Mr. Garrett’s review of the
year’s business, without giving
either balance sheet or income account.
The report will
attract attention not
only because the Baltimore & Ohio is
the first of the
great trunk lines to make its annual return,
but because there is not a little
curiosity to observe the effect
upon it of the prolonged war of rates on the trunk lines.
The Baltimore & Ohio is southernmost of the five
eastand-west trunk lines. It has direct lines to Cincinnati
and St. Louis
(over the Marietta & Cincinnati and the Ohio
&
its
Mississippi), to Chicago, to Sandusky on Lake Erie, and
Pittsburg & Connellsville division gives it a connection
^ith the
great manufacturing centre
traffic is
largely
on
than
on some
of the other trunk lines.
1878-79
1879-80.
1880-81.
1,149,499
1,425,629
1,080,397
2,014,110
Through meroli’dise, east
and west
tons
Carried to Baltimore—
Flour, bbls
778,211
743,381
598,992
959,568
Wheat, bush
9,365,2311 18,467,498 16,409,300 12,572,332
Corn, bush
10,164,285 LO,005,530 8,510,456 6,728,287
Total gruiu of all hinds,
busli
Live stock, tons
Lumber,
Coal
On
Of
On
On
tons
& coke carried, tons.
20,639,654 29,622,895 25.96?,696 *20,329,858
121.431
132,462
165.454
115.885
41,270
40,724
54,530
79,008
main stem
which for Co.’s use..
1,483,076
1,596,004
2,255,146
Pittsburar Division..
Trans-Ohio Divs
353,689
382,792
1,363,061
216,998
423,256
424,521
1,599,695
1,821,256
195,276
312.454
1,980,102
3,063,135
9,390,975
4.388.856
To^al
2,180,608
378,917
4,539,627
Tonnage of through merchandise shows a steady devel¬
opment here, which is not explained by the figures of
such individual articles as the
company gives separately.
Thus, as already stated, the tonnage increased from
1,425,629 in 1878-9 to 2,014,110 in 1880-1 ; but during
the same time the
quantity of grain delivered at Balti¬
more fell from
29,622,895 bushels to 20,329,858 bushels.
The quantity carried this year
may have suffered because
of a smaller movement of the new
crops during August
and September, the last two months of the
company’s fiscal
year, and also because, if current reports are to be believed,
the company at times refused to receive
grain at th*
prevailing low rates, not wishing to carry at a loss, Yet
while these influences are, no doubt, in
part responsible
for the reduced volume of this kind of
traffic, they do not
account for the whole of the reduction
; for even 187980 already showed diminished totals, and that was a
year
when the movement of the crops
was free and large, and
when rates were
certainly remunerative. But whatever
the cause may have been, the loss was more than made
good by an expansion in other items of traffic. And this
is full of significance, for it shows us that on the Balti¬
more & Ohio, as on
other roads, there has been a marked
augmentation in the volume of general and miscellaneous
freight, the direct outgrowth of the activity and buoy¬
ancy that pervade every department of trade.
It is this
class of traffic that railroads most like to cultivate. It can
be more confidently relied upon,
as, except in times of
commercial revulsion, it is not liable to sudden contrac-
Yet, aside from we are prepared for an investigation of the revenue state¬
as
through, it has a heavy coal traffic, ments. The gross earnings on all the lines operated by
rated hardly second in importance.
In- the company aggregate, it appears, $18,463,877, against
very probable that a good portion of $18,317,740 in
1879-80, a gam of $146,137. But on the
business classed
whieh is
deed it
1877-78.
of Pittsburg. Its
through, and therefore a diminution in tion, as happens so frequently in the case of the crops.
through business has more effect on it relatively
Having, as best we could, studied the traffic movement,
rates
the
past, we have had prepared the following table.
last year
was
to be
seems
THE CHRONICLE.
576
Pittsburg & Connellsville, whoso earnings are included,
there was an increase of $282,066, duo probably in groat
augmented coal traffic, which increase
ghould be deducted, if wo would arrive at a correct esti¬
mate of the company’s loss from the freight war.
Fur¬
measure
to
the
(Tot. XXXIU,
oh almost every diyj.
considerable through traffic. On the main
The effect of the rate war
sion that has a
is
seen
line the gross earnings exhibit a decrease
on the Parkersburg branch
a decrease
the Central Ohio division
of $107,620, and
of $148,002; on
the earnings are about the
same
as in the previous year; on
the Lake Erie division there
largest on
is a moderate increase; on the Chicago division the earn,
record, having reached $1,714,922, against $1,379,990 in
1879-80, and $1,171,033 in 1878-79. This is another ings have risen from $1,548,994 to $1,638,662, but it
evidence of the country’s undiminished prosperity.
Pas¬ would not he surprising if the whole sum of the $90,000
gain, and even more, were due to an increase in passenger
senger traffic without doubt plays an important part in
the continued gains that all railroad returns exhibit.
If earnings. The Pittsburg division of the road is the only
ther than that,
the passenger earnings are the
allow for the increase
we
of $334,932 on last year in
one
was
pronounced increase, and this division
probably not much, if at all, affected by the war, and
besides a larger coal traffic and no doubt also an aug-
that makes
a
(this we understand to refer to the main had
line only—it is reasonable to suppose that if all lines
mented amount of other freight, consequent upon the
were included the increase would be much larger), and
for the increase of $262,066 on the Pittsburg & Connells- great expansion of trade in the section which the road
traverses.
viile, the gain of $146,137 reported above would be
It is not until we come to the net earnings that we dis¬
turned into a loss of $450,861. When now we remember
Lower rates, of coursa,
close the real effects of the war.
that the company had a larger through traffic than in the
diminish gross receipts ; but lower rates, inasmuch as they
previous year, and probably even more largely increased
leave a smaller margin of profit, diminish even more
iU local traffic, we are able to appreciate the meaning of a
los3 of over $450,000 in gross earnings. The following markedly net receipts. Thus, while the Baltimore & Ohio
shows a gain of $146,137 in gross on all its lines, in net
tabulation, compiled at some expense of time and labor,
shows at a glance the results of operations on each division earnings it shows a loss close on to a million dollars, or, to
be exact, $913,572.
It is to be said, though, that last
for a number of years past.
year the gain in net earnings was exceptionally large, rates
FISCAL KEBDLT8 ON EACH DIVISION.
being then exceptionally good and being * maintained
1880-81.
1S79-80.
1878-79.
1877-78.
throughout the year; so that although this year’s net are
Main Stem (Balt, to Wheel
over $900,000
below those of last year, they are still
$
$
$
$
ing) and Branches—
11,122,2GO
11.229,880
8,804,827
8.5G3.957
Gross earnings
almost
$575,000 above those of 1878-79, and they are
4,524,315 4,523,582 0,050,899 0,275.644
Expenses
4,039,G12 4,341,245 5,172,981 4,846,010 $1,075,000 above those of 1877-78, and over two millions
Not earnings
passenger earnings
Washing on Branch (ReJan to Washington)—
Groks earnings
Expenses (partial)
Not. earnings
2-5.007
314,400
353,570
70,8f>0
01,333
07,909
*100,037
200,029
223,074
240,497
193,533
712,158
639,736
Parkersburg)—
Gross earnings
Expenses
Net ea’-nings
Central Ohio IHv.
to Columbus)—
Net
earnings
cent of
Deficit
.
Lake Erie Die.
to Sandusky)—
634,915
439,330
180,023
105,579
371,829
72,422
829,253
603,805
846.512
1,003,500
573,812
092,112
1,000.025
777,758
265,448
272,700
311,454
228,267
290.238
296,279
351,248
352,109
24,790
23,579
39,794
123,842
057,032
423,405
639,821
450,707
847,222
899 792
t038,368
787,418
231,227
174,350
189,114
208,854
112,374
189,350
194,350
59,877
14,704
1,057,559
1,153,852
(Bellair
Gross earnings
Expenses
Rental (33 per
gross oarnlugs)
659,690
473.67G
8-30,100
488,331
(Newark
Gross earnings
Expenses
Net earnings.
Rental
Surplus
Chicago Div. (Chic. June,.
O., to Chicago, 111.)—
Gross earnings
174,350
„
19,504 def.81,970
Expenses
628.011
650,321
1,548,994
98*2,324
1,638,662
1.185,592
Net earnings
Taxes
429,548
62,190
494,531
53,421
566,674
53,754
453,070
40,871
377,358
357,896
441,110
393,149
512,920
391,031
406,199
391,016
def.20,533
47,961
121,889
15,183
40,984
30,104
41,193
33,594
50,380
41,786
53,557
52,463
4,820
7,599
8,594
1,094
135,295
Remainder
Infc
on
£1,600,000 loanj..
Bnrplns
Wheeling Pittsb. d Balia.
•( Wheel, to Wash., Pa.}—
Gross earnings
Expenses
Net earnings
We work Som. d Btraitsv.
<Ncvo'k, O.. to Shawnee)—
=
84,546
129,739
84,078
224,649
Expenses..
136,390
177,305
135,756
Net earnings
Pittsb.d Connellsx.(Pitt8b.
60,749
45,661
88,259
41,649
1,544,022
958,502
1,598,114
2,238,482
1,226.655
2,500,548
585,520
732,282
678,858
1,011,827
1,124,473
659,262
678,858
678,858
def.73,742
63,424
332,969
445,615
Gross earnings
to
OumberPnd) d Br’t—
Gross earnings
Expenses
Not earnings
Interest.;.
,
8urplus
Tot of all lines
Gross earnings
operat’d—
Expenses
Net
earnings.,
—
865,832
1,376,075
13,765,280 14,193,980 18,317,740 18,463,877
7,769,301 7,691,595 10,330,770 11,390,479
9,995,979
6,502.385
7.986.970
7,073.398
for impn
Improvements, Ac.
includes large amounts spent
spent for
paid in settlement of accounts.
I This Hem is charged to the interest account of the main stem.
*
tIncludes $40,000
those of
compared with 1879-80 every division exhibits a
falling off in net receipts, except the Pittsburg & Connells*
ville.
The Parkersburg Branch, for illustration, has net
earnings of only $72,422, against $371,829 last year. The
Central Ohio division has net earnings of $228,267 this
year, against $311,454 last year, and as the Baltimore h
Ohio has to pay as rental 35 per cent of the gross earn*
ings there is a deficit to that company of $123,842, against
only $39,794 in the previous fiscal year. Tho net
earnings on the Lake Erie division have fallen from
$208,354 to $112,374; the rental was last year fixed at
$194,350, so there is a loss to the Baltimore & Ohio on
the year’s operations of $81,976, against a profit of
$19,504 in 1879-80. On the Chicago division the net
earnings are this year only $406,199, against $512,920
last year, and the surplus, $15,183, against $121,889.
But whether. the individual roads exhibit on their
own
operations a profit or loss, we have here no
indication as to their value in swelling the business of
the main stem.
Probably the deficit which some of them
show is insignificant alongside the large profit that tbs
Baltimore & Ohio proper derives from the traffic con¬
tributed by them.
The Pittsburg & Connellsville would
appear to be the most profitable division at present
operated. This line is the one latest acquired, and the
revival of manufacturing industries along its lines, which
began with the resumption of specie payments, has
it an immense addition to its business. In 1879-80 net
But
rarfor.sbnrg Br. (Grafton
to
While net results are there¬
1876-77.
fore not as favorable as in the previous year, they are yet
more favorable than in any of the years preceding.
above
270,879
as
brought
this year they are $1,124,473.
earnings were $1,011,827 ;
As the interest charge is only $678,858, there is a
of $445,615; against $332,969 last year.
Allowing for the increase of $112,646 in the net
of the Pittsburg & Connellsville, we get a decrease on
the other lines of about $1,025,000, from which it
clear that the Baltimore & Ohio has, as one would
surplus
earning**
ah
*
v,
*
m
floYEMBBR
THE CHRONICLE.
23, 1881.]
Offered more severely than either the Erie or the Pennsyl¬
vania, for the monthly returns of these latter indicate
largo gains in both gross and net for the twelve
months ended with September last. From the Cen¬
tral wo have no leturns. It is true that inany lines
sustained heavy losses last winter from snow and ice, but.
the Baltimore & Ohio being so far south was probably
very little affected. As—from the antagonismapparently
Vanderbilt and Mr. Garrett
been given to the Central and the
Baltimore & Ohio in the present conflict about rates, we
await with some curiosity the annual return of tho former
existing between Mr.
unusual prominence has
SAND
IN
\
COTTON
•
«
*
English papers and correspondents of American papers
revived an old oomplaint. It seems that some
English cotton spinners, particularly the joint-stock com¬
have lately
panies at Oldham, have found a great quantity of sand
and plantation dust in the cotton they have used in the
two, and the charge is flippantly made that
this heavy “ waste” was put in or left in the ootton for the
purpose of fraud. We see it even announced that the
last year or
attention of the United States Consul ha3 been called to
the facts about this sandy*cotton at Oldham with a request
report them to his Government at home !
Sand and dust, it is true, are often found in cotton
bales, sometimes to tho extent of 20, 30 and even 50 per
cent of their weight.
It is a great mistake, however, to
that he
suppose that the cotton grower desires to have such
or waste in his cotton.
He cannot profit, or fail to
trash
suffer
loss, by it3 presence there, except through the incompe¬
tency or collusion
“sandy cotton.” Any experi¬
buyer can detect this and make a fair estimate of
the heavy waste by examination of samples.
Excessive
quantities of this waste in bales may be detected also by
comparing tho size and weight of tho bales with the size
and weight of bales of clean cotton.
When a bale of tho
average size and solidity of 480 lb. bales of clean cotton,
is found to weigh 600 lbs. or more, tho buyer is put upon
inquiry for sand.
Somo American spinners use cotton of a very low
grade, having leaf trash, dust, or sand, or all of these.
They have learned to place its true value upon it, a price
which gives the clean fibre in yarn at a cost so far below
the cost of like yarn from clean cotton that they are paid
for extra labor and for injury to machinery from the
adhering dust, with a profit over.
When English spinners have all learned the same
lesson a3 some of them have already, there will be no
more complaints of sand found under openers and piokers.
In fact, may we not conclude from the circumstance that
during the past year the weekly reporta of the Liverpool
cotton market have often reported sales of American cot¬
ton a3 low as 2£d. to 3Jd. per lb., when middling was
worth 6|d. to 6£d.—may we not from that fact conclude
that somo at least of the English spinners had, in the price
they paid, good reason to suppose that the cotton which
they bought at half the price of middling would lose 30 to
40 per cent at least in waste from the bale to the lap.
All such spinners—if such there be—are most surely
estopped from making complaint now of tho piles of sand
and dust dropped under the pickers or blown into the
dust-chimney; they only got what they paid for. And
does it not seem as if any spinner who points to tho large
pile of American plantation soil in his mill yard, confesses
either that ho had compensation for it in the price paid
for the cotton, or that ho does not know how to buy his
as
enced
who buys it.
as “ sandy ” or 11 dusty ” cot¬
ton is readily recognized by every capable buyer, whether
merchant or broker, in the trade, and it is so universally
rejected from the category of merchantable cotton that, cotton well ?
'
like cotton in “ false-packed ” and “mixed-packed” bales, it
is left to fall to extremely low prices, often far below its
BLUNDERS BY TELEGRAPH.
intrinsic comparative value as spinning material, until by
The Supreme Court of Texas has rendered an interest¬
its very low price it attracts the attention of speculative ing decision sustaining the right of the Western Union
operators who buy it as “rejections” for prices ranging Telegraph Company to limit claims for damages for blun¬
from 1 to 6 cents per pound, according to the buyer’s esti. ders in transmitting messages unless the sender will pay
mate of extra waste in these bales.
extra for repetition.
These operators grade their purchases of this sort into
Blunders by telegraph have been a frequent source of
lots as nearly uniform in actual value as is practicable, controversy and of lawsuits between senders and the
and bide the time, sure to come, after mid-season, when companies.
Indistinot handwriting of the original measuch cotton will have materially appreciated in price. sage and thoughtless use of figures instead of writing
Then they either ship the cotton to some Northern or numbers in full, cause many errors in transmission for
European market, the greater part of it going to Liver¬ which senders ought to deem themselves chiefly respon¬
pool, or they sell it at the advanced price to some exporting sible. Many more are the result of haste and carelessness
buyer who gives it a like destination. Finally it roaches in the operator in transmitting or transcribing tho mes¬
tbe spinner,
perhaps in Oldham, who pays for it 50 or 100 sage, especially from a receiving operator's misapprehen¬
por cent more than the producer received for it, but sion of some abbreviation used, or: his mistaking ono tele¬
much fees than the market price for clean cotton. The graphic character for another looking somewhat like it;
producer and the consumer in such case have divided the or from his endeavoring to alter a message unintelligible
fo88 caused by the excess of
to him as received, so that it shall make sense.
Some
trash between them.
It sometimes occurs that a bale is
carelessly or wilfully such blunders have been very ludicrous as well aa annoy¬
charged with'sand o? other dirt in the packing, as when j ing. In one case a father telegraphed to his younger
tbe
sweepings of the gin house are shovelled into the daughters at school to return home, as their older sister
Peking box and are found in layers alternating with was “to be married on Tuesday,” but tho operator ren¬
cotton in the bale.
These are palpable frauds, and when dered it “buried,” and the girls came home in grief and tears
discovered are severely punished under the laws of the to attend a funeral. In another a father desired his wife
Mton-growing States, as is the fraud of false packing by to telegraph him daily while he was on a journey how
plating a bale of low-grade ootton with a layer of good their invalid daughter was, and was horrified by receiving
cotton on either outside.
i dispatch, “ Mary had a child last,night,” when, what the
are not now
writing of these frauds, but of cotton ^ood lady wrote was, “ chill.” A gentleman intending to
Is
intentionally, and to the serious loss of the plant- ^ive an entertainment telegraphed for “ two hand
Pervaded throughout tho bale with sand or dust, and is Douquets;” but as the florist received the dispatch it read
of the
man
What is technically known
,
well known to tho trade
577
THE
578
CHRONICLE.
[Vol. XXXIII.
bouquets,” owing to the receiving office there is no error. The Court, however, said that this
mistaking “ hand ” for the abbreviation hund., and writing cumstance makes no difference. An operator has not
it out “hundred;” and the result was that flowers for a power, by mere oral conversations" with a customer to
hundred and ninety-eight nosegays were cut and with¬ dispense with a general regulation established by the com¬
A shawl merchant received a dispatch reading, pany.
ered.
And if a customer has reason to believe there is
Send one hundred blue and orange.”
He sent shawls an error, and opportunity to ask for repetition in season
accordingly; but instead of a remittance for the price, to avoid loss, he is chargeable with negligence if he fails
«
their came a letter explaining that “ one handsome blue to do so.
and orange” was what was wanted. Errors like these have
raised knotty questions, such as, are the companies liable na0uetar0l®ammcrctat 2; mj Us Ft Shears
[The following portions of our London cor. espondent’s letter were sent
for accuracy absolutely or can they only be cast in dam¬
us by Wednesday’s steamer.
Tlio remainder, mailed as usual on Satur¬
ages when some carelessness is proved; also, if damages day, Now 12, lias failed to reach us.—Ld. Chuo.niclb.]
Annexed is a statement showing the present position of the
are due, how are they to be reckoned ?
Must the com¬ Bank of
England, the Bank rate of discount, the price of con¬
pany make good the entire loss on the 198 bouquets, or sols, tile
average quotation for E lglish wheat, the price of
the 99 mis-sent shawls, or are they only liable for some
middling upland cotton, of No. 40 mile twist, fair second
moderate sum, such as the reasonable cost of sending the quality, and the Bankers’ Clearing House return, compared
with the three previous years.
message correctly ?
.
1879.
1881.
1880.
1878.
It is for the purpose of avoiding such vague claims as
id
£
£
£
26,100,540 26,613.585 28,179.650 29.354.8o0
these that the companies publish that if they are io be Circulation
3,114.197
Public deposits
2,662,00.1
3,010,953 5,043,123
Other deposits
2,o87 24,10 >./<>.» 31.9 19.5 >6 26.884,127
responsible for entire accuracy the sender must pay some¬ Goverum’t securities. 13,595,014 14,865.070 18.140.587 14,837,672
Other
20,471,312 17.2s9.02l) 18.7 *e).6 it 21,284,330
thing to have his message repeated. In the late Texas 3es’vesecurities
of notes & com. 10,367,829 14,948,481 16,122.675
11,468,753
Coin and bullion.' iu
case the message was written on a printed blank contain¬
both departmeuts..
20,727,369 26,592,066 29.302,325 25,823,603
Proportion of reseiwe
ing this stipulation :
45-54
3873
50-72
to liabilities
3 p. o.
5 p. c.
6 p. c.
The business of telegraphing is liable to errors and delays Hank rate
2*2 p. c.
Consols
995s
10078
977q
96*4
two hundred
“
•
r
63,r>,
“
arising from causes which cannot at all times be guarded Eng. wheat, av. price.
50s. 54.
46s. 9d.
43s. 4d.
39s. 80.
against, including sometimes negligence of servants and agents Mid. Uplaml cotton...
7d.
5 lad.
638ti.
61isd.
104.
whom it is necessary to employ. Most errors and delays may No. 40 Mule twist
10i4d.
10»-2 l.
9*4(1.
,589.000 95.699.000 35,214.000 74,803,000
be prevented by repetition, for which during the day half price Clear’g-house return.]
extra is charged in addition to the full tariff rates.
The following are the current rates for money at the princi¬
“The Western Union Telegraph Company will receive
pal foreign centres :
messages for transmission between stations in the United States
Bank
Bank
Open
Open
east of the Mississippi River, to be sent without repetition
market.
rate.
rate.
market
Fr. ot.
Fr. ct.
Fr. et.
Fr. cl.
during the night at one-half the usual rates, on condition that
Madrid & other
5
5
the sender will agree that he will not claim damages from it Paris
4
5
Spanish cities
514
5*2
for errors or delays or for non-delivery of such messages, hap¬ Brussels
6
8t. Petersburg...
4
4
Amsterdam
4
4
pening from any cause other than the acts of its corporate Berlin
Gen‘-,r»
5*2
G
oa
4^4
4*2
4*3
officers, beyond a sura equal to ten times the amount paid for Hamburg
3*2
478
Cop,.
transmission, and that no claim for damages shall be valid Frankfort
6
4
4
Bombay...
Vienna
unless presented in writing within twenty aays from sending
the message.”
Daring the week ended November 5, the sales of home-grown
The message itself was sent by Fry, at Seguin, to Neill, wheat in the 150 principal markets of England and Wales'
amounted to 50,544 quarters, against, 42,325 quarters last year
at Austin, and was written in these words :
and 36,552 quarters in 1879; while it is computed that they
Sold block 4, 5 and 6 and home place for two thousand five were in the whole
kingdom 202,200 quarteis, against 169,300
hundred, $2,000 down, five hundred nine months. Answer.”
quarters and 146,200 quarters.
Since harvest, a period of
In transmission the word “ have ” was in some way sub¬ eleven weeks, the sales in the 150 principal markets
have been
stituted for “ home,” so that as delivered the message 492,525 quarters, against 438.909 quarters and 247,853 quarters;
read: “Sold block 4, 5 and G and have place for,” &c. the estimate for the whole kingdom being 1,970,100 quarters,
The report of the case gives no explanation of the mean¬ against 1,755,700 quarters in the corresponding period of last
season and 992,620 quarters in 1879.
Without reckoning the
ing, nor of the way in which the error caused damage. supplies of prodnee furnished ex-granary at the commencement
The case was argued and decided on the simple ground of the
season, it is estimated that the following quantities of
that the company had the right, by means of a stipulation wheat and flour have been placed upon the British markets
embodied in their printed blank, to limit the damages since harvest. The visible supply of wheat in the United States
..
....
.
il.
...
....
“
recoverable for error, unless the sender
for repeating.
The Court says :
would pay extra
is also
given:
1880.
1881.
Imports of wheat.cwt. 13.311,589
Imports of flour
2,272,117
13,660,5*55
2,276.401
1879.
15,650,847
2,122.033
1878_
11,515.774
1,399,889
opinion that the company-had the Sales of home-grown
4.301,320 10,818,200
7,607,750
produce
8.537,100
right to make the limitation of their liability in regard
to the night message under consideration, and that it was
Total
24,120,806 23,544,776 22,374,200 23,733,863
exports
or
valid and binding to the extent to protect them from damages Deduct
573,962
246,522
412,075
wheat and flour
329,905
for an error in the transmission of the message, unless shown
to have been occasioned by the misconduct, fraud or want of
Result
23,790,901 23,132,701 22,127,678 23,159,901
due care of itself, its servants or agents, and that unless thus Av’ge price of English
41s. 7(5.
48*. 7d.
41s. 104.
wheat for season (qr.)
49s. 5tL
occasioned the measure of damages is the price agreed upon—
Visible supply of wheat
ten times the value of the sum paid to transmit the message.
19.200.000 30,424,693 17,215,760
in the IT. S.... bush.21,300.000
“We are further of opinion that the mere faet that there
The following return shows the extent of the imports and
may have been an error in the message as received by the
exports
of grain and flour into and from the United Kingdom
operator at Austin and delivered to appellee, Neill, is not of
itself sufficient proof of negligence to entitle the • plaintiff to
during the first eleven weeks of the season, compared with th«
recover, as the error may reasonably be referred to some 01 her
corresponding
peri od in the three pi evious seasons.
•ause embraced within the exemption clause contained in this
IMPORT'S
“We
are
of
the
contract.”
A remarkal le
peculiarity of the particular case was that
when Neill received the message he was puzzled by the
word “have,” and went to the telegraph office in Austin
and suggested having the message repeated; but the
operator, assured him that it was correct as received by
him, and Neill then relinquished the idea of repeating.
He thought that even if the general rule were as
above
decided it ought not to be applied where the operator dis¬
suades
a customer
1880.
1881.
from
repeating and
assures
him that
Wheat....."
cwt. 13,311,589
13,460.565
3,006,415
3,222.459
Barley
Oats
Peas....................
Beans
Indian corn
Flour
£....
2,557,198
338,155
346,541
6,3*5,282
2,272,117
2,74(5,203
542,396
3 47.906
8,39(4.068
9, .*76,161
1879.
15,650,647
4,114.360
3,599,496
2*9,997
530,206
4,951,147
2,422,033
1878.
11,51.5,.774
3,582,085
2,501,191
376,173
367,545
7,915,957
1,399,889
XPOBT3.
1881.
WTieat
cwt.
10.238
Barley
Oats
Peas
Beans
radian corn
Flour
299.005
119,421
16,284
8,974
:
50,350
30,900
1880.
377,866
1879.
.’,9
212.895
4,642
5,970
11,611
42,8-3
34,209
5,-023
2 <0,452
33,627
2 422
8
47
2*.613
16,392
1878.
552,694
38,9ol
22,475
4,304
1,289
70,659
91,268
jfOTBMBEa
THE
36, 188l.|
CHRONICLE.
Board of Trade returns for October, and for the ten
months ended October 31, have been issued this week, and they
show results quite as satisfactory as had been anticipated. Our
imports have been large, as is usual at this period o^the year,
and they show an increase of nearly £4,000,000 compared with
1880. There is also an increase of about £2,540,000 in the
aiports of British and Irish produce and manufactures. The
following are the more prominent features:
579
The
1879.
£27,436,060
337,843,822
13,685,060
185,731,037
157,875,597
bullion
1851.
1880.
£32,316,565
292,462.797
17,699,432
£31,307,313
328.151,306
21,224,081
193,043,703
during the month and ten
GOLD.
Imports in October.
1880.
£
£
437,319
12,363,296
...
...
3,004,567
...
11,334.732
£.
6,475,009
SILVER.
Imports in October
563,729
9.157,268
...
1.1*09.846
...
13,667,892
419,694
5,828,315
482,625
9.323.909
...
1,064,284
8,846,055
2,510,333
469,917
5,430,729
4< 10.883
6.233,714
6,054,024
TOTAL GOLD AND SILVER.
1,001,048
;..
Imports in 10 months..
Exports in October
.
..
Exports in lo months
With
.
1,073,767
12,597,659
1,278,204
12,708,723
21,520,564
...
4,014,413
..
20,058,641
...
regard to the bullion
movements the
1,483.978
14,674,970
2,971/210
19,721,916
following figures
relate to the United States only:
1880.
£
Imports in October
Imports in 10 months....
Exports in October
Exports in 10 months....
1881.
£
£
2.256
6,307
386,722
1,508,680
4,025,455
460,521
795.969
1,911,959
7,261,913
2,340
18,340
52,540
SILVER.
Imports in October
Imports in 10 months
Exports in October
Exports in 10mouths....
Annexed is
76.899
125.329
2,4 2,439
830,526
59.500
148,673
2,246,488
3,385
30,013
3,000
586,970
26,390
return
showing the extent of the imports of
wheat and flour into the United Kingdom
during the first two
months of the season, viz., in September and
October, compared
with the three previous seasons,
together with the principal
•ountries whence the supplies were derived:
a
IMPORTS OF WHEAT ANri> FLOUR INTO GREAT BRITAIN.
From—
Russia
United States
Wheat.
1880.
Cwt.
18.81.
1881.
Cwt.
....
6,41 r>,790
....1,196,269
1,380,963
981,952
7,451,264
1,776,753
28,516
409.786
131
5,711
507,887
145,806
..
France
Chili
Turkey, &c
Egypt
1879.
Cict.
615,885
...6,748,760
.
.
286,095
2,743
....
5,832
145,640
611,254
1,300.067 \
21.607 5
200,490
....1,049,485
528,2 >9
....
....
12,075
....
Total...
..10,798,572
10,312,301
860
593,506
lo?,119
1878.
'
2,305,469
4.745.94
1
940,224
689,773
38
49,994
80,747
81,543
154,379
534,591
443,090
12,449,429
9,490,601
176,184
40,028
573.544
174,092
189,887
39,709
....1,140,653
86,216
57,231
1,017,348
1,320,760
135,574
368,256
147,23 1
107,864
312,823
285,950
-
o
-.
....
Total....
..
.1,850,285
1,764,979
2,027,935
1,123,570
eereal
produce into the United Kingdom during the first two
months of the season, compared with the
corresponding
period in the three previous seasons :
1881.
Wheat
1880.
£6,211,8 28
1,112,932
111,557
£5,281,918
1,121,059
685,437
182,223
1879.
109,094
108,878
1,676,113
£6,903,743
1,439,904
1,026,557
68,672
172,461
1,957,480
1,555,091
1.4L8.185
1,248,160
1,618,698
Total.... £11.512.578
£10.758,180
£12,478,195
Barley
oats......;..;
Peas
Beans
Indian
Flour
com..
735,663
1878.
£4.787.303
1,289,941
723,294
101,373
107,979
1,817,862
932,578
£9,76o’330
Owing to the high prices current, we are paying in the
Aggregate rather more for cereal produce than in 1880 ; but the
difference is not great.
The
14,705
tons.
1,977
17,716
RR. of all sort's ..tons.
Hoops, sheets,boiler &
armor
plates.. .tons.
following
—In
Ten Montns.
18 SO.
1881.s
57,776
38,309
2.067
411,838
578,748
19,651
191,491
262,097
40,746
138,364
16,351
191,558
35,597
146,611
4,931
74,594
103,350
2.583
Tin plates
tons.
Cast or wrought..tons.
Old for remanuft.tons.
423,603
347,242
49.016
1.449
'
11,521
30.753
14,208
1,436
17,025
2,404
Steel—U n wrought. tons.
2,623
Lead—Pig, &c
tons.
Jute yarn
lbs.
255,600
Linen piece goods.. .yds. 5,319,500
8,441
15,904
101
205
448
525,000
4,915,800
6,650,900
80,955,600
3,617,200
70,543,400
kinds,except basis.yds 8,509,300
9,553,600
70,977,700
84,044,300
1,569
48,259
5,176
51,114
322,606
832,989
2,920
212,365
273,285
6,131
388
Jute—Manufactu’s of all
Machinery—Steam
en¬
gines
£
Other kinds
£
28,890
cwt.
41
Other kinds
cwt.
Salt
tons.
Silk broadstuffs
yds.
Ribbons of all kinds. £
Other articles of silk
232
92
133
47,600
22.872
6,694
34
21,486
1,972
3,454
3,011
230,295
275,331
2,051
2,914
8,857
28,982
81,079
6,629
22,803
19,871
22,137
91,180
82,301
133,562
93,796
6,977
8,832
1,364
734
2.5910—The
only
£
Mixed with other
4,224
%
ma¬
terial
£
Spirits —British
gals.
Stationery—Other than
£
paper
Tin—Umvrought ...cwt.
58,971
15,583
9,791,600
22,661,630
71,416
6,634
Wool—British
lbs.
29,100
Colonial & foreign.lbs. 3,108,324
465,400
3,058,202
90,800
yds.
yds. 1,037,800
138,900
3,667,400
3,471,500
1,923,400
32,301,100
23,208,700
57,600
2.318,800
1,034,900
Woolen cloth
Worsted stuffs
Carpets, not
being
yds.
rugs
110,400
Apparel and slops
£
mece goods.yds.
Cotton
Eathenware
celain
and
shipments in the
In October.
1880.
1881.
/
*
In
✓
4,450,200
16,588,744
same
period
Ten Months
1881.
1880.
7.159
966,700
12,356
1,783,900
111,972
35,912,700
45,064,000
9,227
14,870
69,420
83,527
47,543
27,522
709,999
130,297
53,274
863,554
168,138
164,236
por¬
£
Haberdashery and mil¬
£
linery
Iron-pig
tons.
32,378
13,523
1,652
Bar, &c
tons.
2,769
RK. or all sorts, .tons.
5,175
4,937
7,987
12,144
Hardware & cutlery..£
Hoops, sheets, boiler
armor plates.tens.
83,328
34,116
41,096
104,801
30.620
1,290
2.002
9,471
1,300
11,327
1,093
galls.
1,067
236,200
4,650
Salt
.tons.
SilK breadstuff's.. ..yds.
3,508
2,130
1,475
366.000
67,042
4,863
9,2 45
11.220
9,551
13,421
6,055,900
885,385
82,564
877,523
Tin plates
tons.
Casto-* wrought..tons.
Linen piece goods..yds.
Seed oil
.
.
8,881
*
7,333,100
379,913
3 05,219
279,088
£
123
260
19.198
Spirits (British)....galls.
Stationery, other than
28,918
33,487
121,640
£
7,698
8,521
Sugar. ref’d& eaudy.cwt
13,656
981
162,700
298,6u0
257,900
535,000
32,755
118,354
3,862,400
10,090,300
5.404.200
9,158,100
52,600
94,200
1,155,800
1.544.200
paper
Cwt.
1,3bL
•
47,076
tons.
Ribbons
Flour.
France
cutlery. £
To British North America the
were as follows:
GOLD.
1879.
Iron—Pig
Bar, <fce
ing
1881.
1,503,850
7,166,930
795,579
Hardware and
Paper—Writing or print¬
.
1879.
-
...
months
-In October.1880.
1881.
Woolen cloth
Worsted stuffs
..yds.
Carpets,
being
..yds.
not
rugs
English
market
Keports— Per
26,563
145,368
8$,929
84,435
Cable.
The
daily closing quotations for securities; &c„ at London,
provisions at Liverpool, are reported
by cable as follows for, the week ending November 25 :
and for breadstuffs and
Sat.
London.
Silver, per oz
d.
Consols for money
Consols for account
Fr’cli rentes (in Paris) fr.
Q. 8. 5s ext’n’d into3*2S
U. 8. 4*28 of 1891
U. 8. 4s of 1907
Erie, common stock
Illinois Central
Mon.
51%
lOOije
100%6
51%
100*8
100%
86-12 % 86-02*2 8570
85-20
105
85’45
105
85-30
104*2
1 1
141%,
115*2
120*4
46%
135*2
64%
33*2
141*2
Thurs.
Fri.
105*2
L15*2
120%
I047a
lo5
115*2
115*2
120*2
47*2
l 15*2
120*2
137
136*2
65%
34*0
Sat.
Mon.
48
l¥.
Wheat, No. 1, wh.
lb. 14
“
40
10
11
Winter, West., n
“
10
Cal. white
“
6
Corn, mix., West.
“
Pork, West, rness..^ bbl 75
Bacon, long clear, new., 18
deef, pr. mess, new,$tc. 91
Lard, prime West. $ cwt. 53
^liPMdp A in. ehnine. TICW '4
Spring, No. 2...
Fri.
51 %
100116
!Onl1G
137%
65%
Pennsylvania
Philadelphia & Reading. 33%
New York Central
143*2
Flour (ex. State.. 100
Tliui'S.
Wed.
51 %
51 %
5178
100*5^ 100*^1(5 100*116
10 >%
10 -316
100%
120*4
47%
137*2
65 7s
34*4
143*2
Liverpool.
Tues.
“
ft..
3
8
8
2
11
0
0
6
0
0
O
8.
M
10
d.
3
8
8
2
10
11
10 11
6 0
75 0
49 0
91
0
57 G
0
54
65%
34*4
143
142
Tues.
s.
14
10
47
d.
3
8
8
1
10
11
10 11
6 0
75 0
49 0
91 0
57 3
O
54
Wed.
d.
8.
14 3
10 8
io 8
11
1
10 11
6 0
75 0
49 0
91 0
57 6
55 0
'
5*2
120*4
46%
135%
65*8
33%
d.
3
8
8
11
1
10 11
6 0
75 0
49 0
91 0
57 6
51 6
s.
14
10
10
8.
d.
rt4 3
10 7
10 7
1
11
'10 11
5 11
75 0
48 6
91 0
57 0
55 0
return shows the extent of the exports of Brit¬
produce and manufactures, and of foreign and (£o ramercial andl|UscclUtuco us jftettrg.
Colonial wool from the United
National Banks.—The following national banks have bee*
Kingdom to the United States
during the month of October and during tUe ten months ended organized :
October 31, compared with the two
First National Bank of Brainerd, Minn. Authorized capital,
previous years :
$50,< 00. William Ferris, President; G. W. Holland, Cashier.
ish and Irish
EXPORTS.
....;
Apparel and slops
Bags and sacks
Beer and ale
cwt.
£
doz.
bids.
piece goods. .yds.
jetton
Barthenw.*
41,299
2.1 14
,992,700
porcelains
and mil¬
80,050
£
33,574
haberdashery
linery...,
-In October.
18-t0.
1881.
24 5.766
29L.872
5.759
8,522
-In Ten Months.1«80.
188L.
2,759,850
63,978
2,580,994
Commercial National Bank of Detroit, Mich. Authorized
capital, $250,000. Hugh McMillan, President; Morris L. Will¬
iams, Cashier.
Week.—The imports of last
the
preceding week, show
66,934
1,757
an increase in dry goods and a decrease in general merchandise;
17.452
4,353,800 70,926,200 58,431,200 The total
imports were $8,645,759, against $9,864,612 the pre¬
83,406
732,592
772,848
ceding week and $7,817,024 two weeks previous. The export!
37,277
430,179
379,775 for the week ended Nov. 22 amounted to $6,286,799, against
34 L249
57,644
818,439
18,157
Imports
and
Exports
for the
week, compared with those of
THE CHRONICLE.
580
*7 ,00.1,219 last week and $6,029,3)3 two weeks previous. The
following are the Imports at New York for the week ending
(for dry goods) Nov. 17 and for the week-ending
merchandise) Nov, 18; also totals sinoe January 1:
PORKK4N IVfPOKrn A P Ni$W
$1.401,56 2
$1,279,71 J
8,961.546
8.417.141
0.772.050
$5,369,2J1
$10,366,103
$9,087,855
$8,645,7.59
Gen’l mcr’dise..
t.en’l tuor’diso..
,2:i0.ll7
21
3.363.910
1
2 J 0,07
3 27.092.6 L9
9.118
$258,161.8«<6 *299 801.362 $110,181 936 $391.048.1 SO
T«*t.al
In
$81,510.915 $! 13,069,317 $101,569,011
$60,795,396
Dry Go.hU
351.873,709
*833,291
4,485,940
Dry Goods
Total
Since Jaw 1.
188 L.
1880.
trade will be found the imports
report of the dry goods
our
week later.
The following is a statement of the exports (exclusive of
specie) from the port of Ne.v York to foreign ports for the
week ending Nov. 22, and from January 1 to date:
of dry goods for one
EXPORTS FROM NEW YORK FOR TlIK
1870.
1876.
For
we«k
*6.733.261
..
Prev. reported..
307,38 2.92 i
WEEK.
'1331.
1880.
$7,663,137
3J9.036.L52
$6 2'6.709
$8,16 4,635
366,282,940
338,161,871
.Tan. 1 *314.166,58« $316 690,289 $374 447,025 -344.451.670
Total
The following table shows the exports and imports
at the port of New York for the week ending Nov. 19
of specie
and since
January 1, 1881:
EXPORTS AND IMPORTS OF SPECIE AT NEW
Gold.
$
$70,160
Great. Britain
Since Jan. 1
Week.
Since Jan. l
Week.
$32,359,234
102,700
3.893,671
9.186.033
2,547,591
3'4,208
73 • ,744
2,046,539
$435,066
2,l3o,023
2,070,138
$237,621 $51,069,023
2,423,475 50,053,733
4,268,932 64,310.549
France
6,500
2,000
Germany
225,512
MatIi-o
12,109
253.70C
Bouth Amerioa
All other countries
Turn! 1881
Total 1880
Total 1879
$1,500
5,000
'
SUrcr.
Great Britain
France
$21,802
$8,949,937
27,000
314,950
270,809
Germany
10,204
West Indies
Mexico
Bouth America
All other countries
38,444
$220,883
$
20,065
21,383
5,573
12,532
169,006
21.761
o-
$.*,tiL4,L40
$37,538
13..000
238.731
5,320.139
36,174
11,488.110
237,010
$2.5.»M,i 14
5,007,638
7,454,609
Auction Sales,— Messrs. A. H. Muller & Son sold the follow¬
ing at auction this week:
16
Shares.
60 Brooklyn City RR. Co....200
50 Nat. Bank of the Repub.. 141
11 Glen Cove Starch Manu¬
96
10
Share*.
360 N. Y. Loan A
Improve¬
70*8088
ment Co
102 N. J. L1glitcra*e
Oo
SO First Nat. Hank of Colo¬
rado Springs
20 Golden Smelting Com¬
pany, Golden. Colorado.
16 Milwaukee A North. RR.
20
preferred
$6
500 Mexican Tel. Oo. ...114©ll0kt
25 Haring Cross Bridge Oo.. 100 hj
90 Met. Telephone A Tele¬
1,300
graph Co
Ill
a. CL RR. Co. stock (Pur¬
chasing Oomuiittec*B re¬
39%
ceipts)
Gal atiu National Bank. .155
Bunk of Commeroe
150
Howard Insuranoe Co...Ill
J»-rlcho Plankroad Co.$6 p.sb.
Old Dominion S3. Oo
110*2
100 Fourth National Bank. ..125*2
10 Seoond Avenue RR. Oo... 135
14
5
12
12
2 »
eial roads, is;taken from
Chippewa Falls Si Western
Fond (la L;u*. Amboy & Peoria.
Green Hay &, Minnesota,
facturing Oo
...146
Broadway & Seventh Ar.
due Jure
1, 1895. Decem¬
ber, 1878, ominous on
64^8
$1,200 City of N. Orleans 10s,
due April 1, 1631. Oc¬
tober, 1878, coupons on.. 62*4
$550 City of N. Orleans 7s
bonds, duo March. 1894.
60*4
8ept., 1878, coupons on
1,001343
10*061
8 7S4
lit
352.264
loll
54.103
27.421
139704
26.9*6
1,202,025
9;>,279
8n0.82t>
401494
52.350
40 929
' 128.702
66,006
42,093
....$39,29*,203
$21,897,557
15,262,766
^17^400710
31,779,355
-
16,520,533
Chicago St. Paul Minneapolis & Omaha, 33; Milwaukee Lake
Shore & Western, 30 ; Milwaukee & Northern, 21*5 ; Green Bav
& Minnesota, 6 ; Wisconsin Central, 9 ; Chippewa Valley &
Supeiior, 34; Chippewa Falls & Northern, 12; Northern
Pacific, 12 ; Chicago Portage & Lake Superior, 40.”
September 30, 1881, in comparison with the previous twelve
mouths
:
Income
Expenses
Net income
1880.
1851.
$575,860
$610,874
386,559
433,574
$189,301
$177,299
3
Dividends, per cent, paid
Miles of road operated...
Number of passengers....
Number carried one mile.
Tens of freight
Tons carried one mile
94*5
94-5
371,019
6,764.960
467,4 79
14,495,000
402,239
7,229.999
614,226
16,153,062
Capital stock
$1,789,800
$1,789,800
Funded debt
Other debts
3,899
962,000
8,462
1,000.000
Profit and loss..
-
172,877
167,831
Total liabilities
Cash assets
$2,966,572
$451,504
$2,928,093
$390,399
Equipment
Construction
*-
Total assets
390,086
415,336
2,121,992
2,122,358
$2,966,572
$2,928,093
Besides the liabilities noted above, this road guarantees
$700,000 of the bonds of the Nashua & Rochester Railroad and
dividends upon its atook at the r^te of 3 per cent per annum.
—We have received from the publishers (the Railway Age,
Chicago) a handsome volume of over 400 pages, entitled “The
Baggage,' Parcel and Mail
Traffic of Railroads,” by Mr. Mar¬
books on
subjects connected with railroads, and this, his latest work, will
no donbt prove as desirable as his previous ones.
The prioa
shall M. Kirkman.
is
Mr. Kirkman has written several
$2 60.
BANKING AND FINANCIAL.
as
forfeiture of the contract upon the grounds
working with due diligence and becausj of discrimina¬
declaration of forfeiture, but with this action of the Commis¬
hopes of getting possession of the road
FROM THE
an event of so muck
usual pains to lay the
OPENING OF A NEW TRUNK LINE
tdp TUB
ATLANTIC BEABOARD
TO TIIE WEST is
importance that we have taken more
Information before our customers and
We have just
than our
correspondents.
issued a pamphlet, copies of which oan bo
obtained at
A
Worth, State OHIO RAILWAY to Newport News, and also of the ELIZABETHTOWN
time, and urged, with all his ability, a dec'aratiou of forfeiture
of the contract; but Messrs. Jarvis and Worth voted against
him and gave the victory to the Richmond & Danville Company.
Mr. VV. J. Best and his Boston syndicate expected to get pos¬
session of the Western North Carolina Railroad by virtue of a
9,777 4«7
Bon<1*.
$500 Mt. Vernon RR. coup.,
due May, 1874
for $9
$20,0<‘0 N.Y.City oon. 7sstek,
due *96, rg 12.37e®l291e & int.
$6,150 City of N. Orleans 7m,
tions by the Richmond & Danville Company against North
Carolina cities, towDS, and railroads, as alleged oy Senator
Vance. Senator Vance strenuously opposed the extension of
sioners all
<xn
^ >,8J8 4‘is
The Commissioners say: “ If the weather is not unfavorable
a total of 377>6 miles of new road will have been built in tnis
State before the close of the year. The Milwaukee & St. Paul
will have built 44*55 miles; Chicago & Northwestern, 135*50;
131 ’
German Amor. Ins. Co. ..191
1 Southern Transi>ortation
Construction Co
135
and J. M.
Commissioners of the Western North Carolina
Railroad, met at Clinton, N. C , November 17, and extended the
time of the Richmond & Danville Company for four months
from the 1st day of July last, in order to give it time to com¬
plete the Western North Carolina Railroad to Paint Rock and
Pigeon River. Under the act of sale, the Richmond & Danville
Company has thirty days more from the 1st day of this month,
and by the 1st day of December next the road will be completed
to Paint Rock and Pigeon River. The Commissioners also
of not
287,782
opera!
RR. Co
Thomas J. Jarvis, Senator Z. B. Vance.
a
401,838
Excess of
eam'qs orcr
27,*52
491,963
Wisconsin Central
Wisconsin Si Minnesota
Wisconsin Valley
Totals
Totals in 1879-80
16,903
1,135.219
' 6,933
36,6 U
Milw. I.ukoBliure & west
,
Prairie du Cnein & MoGrcgor..
our
refused to declare
2,13 ',593
Chic. 8t. P. .Minn. iV Omaha
Western North Carolina—Richmond & Danville.—Gov.
Treasurer,
Commi3.
the Western
papers:
Operating
Total income of
cxp< uses of
Name of Company. '
whole lirui.
whole line.
Chicago. Mitw & 8t Haul
$14,757,-155 $3,029,027
ChiQ.ig * A Northwestern....... 19.909,3 »5
10,191,808
759,764
1,125,895
Of the above imports for the week in 1881, $22,627 were
American gold coin and $23,168 American silver coin.
*
Wisconsin Railroads.—The Wisconsin' Railroad
241.735
29.79m
Total 1881
Total 1880
Total 1879
favor.—N. Y. Times.
Worcester & Naslmn.—The following is the report to the
Massachusetts Railroad Commissioners for the year ending
YORK.
Imports.
Export*.
except through the oourte, and there does not appear to be any
legal ground upon which Best can expect a decision in hia
sioners have completed an exhaustive report, showing the Con.
dition of all the lines in the S ate for the fiscal year ending
June 30 last. The following general exhibit, made by the ear.
VOHK.
137m.
1878.
Eor iVcek.
(for general
[You xxxnj.
arc
at
an
end,
office, giving an
LEXINGTON
between the
account of the completion of the CHESAPEAKE
& BIG BANDY
RAILROAD, forming the
Chesapeake & Ohio and its allied
lines, West,
connection
South
and Northwest.
the shortest route to the seaboard for ton
through trunk lin®
millions of people west
AUeghaniee, with very light fixed chargos
and a rapidly-develop¬
The Chesapeake &
and
as
of tho
Ohio now enters the field as a
ing local business.
The company are now
ready to sell the $2,000,000 six per
of 1911, issued on
tho completed road to Newport
accrued interest.
A description of the
and 18 of the
cfent bond!
News. Price, par and
bonds will bo
found on pages
14
pampk!e*j
FISK & HATCH, No. 5
Nassau
Street.
THE
26, 1881.]
Novembeb
581
CHRONICLE.
1881.
Nov. 19.
%\xt JEjtoulners' Ooaectte.
Differ nc.esfr’M
jyrevwus
week.
1879.
1880.
Nov. 20.
Nov. 22.
LoanB and die. $315.182.300 Inc .$2,053,500 $315,334,000 $270,194,400
50,0. 6.700
03,830,300
b3:),200
50.949.700 Deo.
22,550.400
18,T30,400
19.962.400 Do.
80,700
Circulation...
411.200 295,871,100 250,297,300
291.0S3.500 Ino.
Net deposits .
18,985,200
423,000
12,078,900
15,276,0 >o luo.
Legal tenders.
8peoie
dividends:
The
following
dividends have recently been announced:
Name of
Company.
<
ltailroadf*.
AtoMson Toimka Si
BOHton Si Albany
Chicago
(Jreouville prof
Falla Si Biuux City {quar.)
When
Books Closed.
Payable.
(Days inclusive.)
50 Btcl; Dec.
l>co.
Santa Fo
Burl. & Quincy (quar.)...
Columbia Si
Iowa
Per
cent.
..
Northern
|2
o
Deo.
Dec.
$1 no
Dc<v
$3
1%
Dec.
Jail.
3
3
Jan,
Jan.
1
£ Nov. 22 to*Dcc.
31 Deo.
1 to
1 to Doo. 18
15 Dec.
1 Nov. 20 to Nov. 30
I N .v.
1 Nov.
2 Doo.
11> to
12 to
1 to Jail.
Reserve held.
75.225.700 Deo.
416.200
75.9C9.500
$02,574,325
08,991,900
8nrplus.
$2,453,575
Dec.
$519,000
$1,941,050
$0,417,575
Legal reserve.
$72,772,125
Inc.
$102,S00 $73,967,850
Exchange.—Foreign exchange was heavy, and the bankers
)£c. three times during the week—
reduced their rates for sterling
the last time to 4 80 and 4 84.
The decline was due to a very
light demand, increased offerings of bankers* bills against ship¬
ments of securities, and the stringency in money. Rate3 are not
i*< elJanooug.
yet down to the specie importing point, and yet on Wednesday
Deo.
10 Nov. 27 to Dec. 11
1*3
Delaware, Si Hudson Canal (quar.)
£113,000 was withdrawn from the Bank of England for shipment
2
Deo.
3 Nov. 23 to
Loliigli Coal Si Navigation
to America, and probably further amounts were taken today,
NEW YORK. FRIDAY. NOVEMBER 23, 1SS1-5 1*. M.
as the Bank lost £200,000 on balance.
The market closed with
The Money Market and Financial Sitnation.—As a result rather more steadiness, and actual business in sterling was at
of the failure of the Pacific National Bank a week ago to-day, 4 79@4 79)i for bankers* 60 day bills, 4 83(34 83% for demand,
4 84(34 84)6 for cables and 4 77%@4 78 for commercial.
In
and the fact that the Clearing House banks of Boston were com¬
Continental exchange there has also been a decline, and the
pelled to render assistance to the Central National Bank of that closing transactions for Saturday’s mail were at 5 26%@5 26%
city, Wall Street was filled with disquieting rumore daring the for 60 day Paris francs, 5 22%@5 21% for checks, 93%(y94 for
early part of the current week. Values on the Stook Exchange 60 day reichmarks and 94%(3>94% for demand.
In domestic bills New York exchange was quoted to-day as
were depressed, both government and railway securities record¬
follows at the places named: Savannah, buying % off,
ing lower quotations. The money market was also unfavorably
selling % to % off; New Orleans, commercial 209 dis., bank
affected, and stringency prevailed, the withdrawal of funds
par; Chicago, par; Boston, par <& 17disconmt.
from this market for B>ston account, in connection with the
Quotations for foreign exchange are as follows, the outside
financial troubles in that city, tending to advance the rates of prices being the posted rates of leadUng bankers :
interest. The fact that the Treasury was prepared to take
Demand.
Sixty Days.
November 25.
Union
l’aeitic (quar.)
Wilmington Columbia &
Wilmington A; Wrhioli
Augusta
2
14
lo
n
i
bonds up to Wednesday, and that not
elicited, served further to impart stringency to
$6,000,000 of the extended
a
single offer was
the market.
To-day, however, there was a decided improvement in
all the markets and the week closes with a greater degree
prevailed for some time past One
for this is the growing belief that Secretary Folger will
of confidence than has
reason
Prime bankers’ sterling bills on London.
i......
Prime commercial
Documentary commercial
Paris (francs) . „
Amsterdam (guilders)
Fraukfort or Bremen(reiclimarks)
4 79 ®4 80
4 78 ^4 78*3
4 77*29)4 78
5
s
;
26”s9>5 25
3358 9) 39%
9378«
94*4
4 S3
84
4 *2
®4 82*a
4 81*e$4 82
5 217s®5 20
39 7a (b
40*8
94%9>
95*8
government bond market was
heavy and lower earljr in the week on the money stringency and
the various rumors about fresh bank troubles ; but at the close
there was a very decided change foi* the better, and prices ad¬
vanced /6(3'M per oent under an active demand. The reports
from Washington in regard to the prospective policy of Secretary
Folger, alluded to above, were one of the main causes of the ad¬
United States Bonds.—The
proceed promptly with practical measures to increase the Treasuiy disbursements, it being now perfectly clear that the means
taken thus far to bring about this result have been inadequate.
Washington advices state that the Secretary is engaged in making vance late in the week.
The closing prices at the New York Board have been as follows:
a computation as to the price at which he can purchase the different
Noj.
Nov.
Nov.
Nov.
classes of bonds, and bankers here expect that at the close of the
Nov.
Interest Nov.
24.
25.
23.
22.
21.
19.
Periods.
month a policy will be announoed that will embrace either the
*101 *£
:
101% ‘10l3d *1015y *101*3
& J
purchase of 4 and 4% per cent bonds or the calling in of the 6s, continued at 3*9.. J.
*102
102*8
Q.-Feb. l017e 1017e 102
3s,
continued
at
3*2..
extended 6s on thirty days* notice.
*11250
5
If the latter method is 4*es, 1891
reg. Q.-Mar. '112H *112%) ni238 1125a
113%
X
ooup. Q.-Mar. *113*2 113*2 *11330 *113^
adopted, it is believed that the call will be accompanied by an 4*a8, 1891
*11078
4s, 1907
..reg. Q.-Jari. 11658 116% *11658 U678
2
117
*11050 116%
order to pay off the bonds at once without rebate of interest.
is, 1907
ooup. Q.-Jan. *116% 110% *130
*130
*130
■'130
*130
2
J.
&
J.
w
It is clearly evident that the Secretary must take such action as 6s, eur’ey, 1895..reg. J. & J. *130% *130 *130 *130
*130
6s, cur’cy, 1896..reg.
*130
!
*130
0
-13
*130
*130
J.
*9
Si
J.
will most speedily aooomplish the end aimed at, and in the be¬ 6s, cur’oy, 1897..reg.
*130
*130
*130
6s, cur’cy, 1898..reg. J. & J. *130% *130
*130
lief that he would do so, the loan market was easier at thei close. 8s, cur’cy. 1899..reg. J. & J. *131 *130 *130 *130
Another oause for the improved feeling to-day wts a report that
This is the prioe bid at the morning Doard; no sale was made.
Mr. Rutten had gone to Philadelphia, commissioned by Mr.. Van¬
State and Railroad Bonds.—The volume of business in
derbilt to end the' prolonged railroad strife. Similar reports
Southern State securities shows a large decrease, and prices
have been current before, and were invariably incorrect, so
have declined materially* especially for the Tennessee and Ark¬
that some corroboration from official souroes is necessary before
ansas issues.
too much stress be placed upon their accuracy.
Railroad bonds were also lower for the speculative issues,
Early in the week the rate for call loans was sharp 6 per cent with the sole
exception of the Boston Hartford &Erie firsts,
with transactions also at commissions of l-61@l-32 per diem, in
the
transactions in which were very large.
The prioe
addition to full legal interest. On Wednesday and to-day,
advanced 12 .per oent, and the closing sales were at a re¬
however, commissions were less frequently paid, and the market action of
only 2 per cent from the highest point. The improve¬
closed easy at 4@3 per cent. On government bond collateral
ment in the stock market imparted a steadier tone to the whole
money was in good supply throughout at
per cent. railroad bond list.
Commercial paper was quoted at 6@7 per cent.
Auction sales are given on the preceding page.
.The Bank of England statement on Thursday showed a de¬
Railroad and Miscellaneous Stocks.--The stringency in
crease for the week of £70,000 in bullion, and since the st atemoney and the disquieting rumors, already alluded to, led
ment was made up there has been a farther loss of £2S0,000 on
balance. The percentage of reserve to liabilities was up to to great depression in the stock market, and prices declined
40 7-16 per oent, against 39 3-16 last week. The Bank of France sharply until this morning, when the report that an agent of
reports a gain of 6,600,000 franos gold and a loss of 5,075,000 Mr. Vanderbilt had gone to Philadelphia for the purpose of
concluding terms for a settlement of the trunk line difficulties
francs silver.
caused
large purchases of stocks to be made both for the long
The last statement of the New York City Clearing-House
and
short
account. This afternoon the rise was stimulated by
banks, issued Nov. 19, showed a decrease in the surplus reserve of
$519,000, the excess above the 25 per oent legal requirement the prospects of early Treasury action with reference to the pur¬
chase or calling in of bonds. The trunk line and Southwestern
being $2,453,575, against $2,972,575 the previous week.
The following table shows the changes from the previous week shares were particularly prominent in the dealings throughout
the week.
aid a comparison with the two preceding years:
•
a
ip«
*
•
*
*
'
CHRONICLE.
THE
582
range in prices at the n. y.
DAILY
Sucuraay,
Nov. 19.
Monday,
Nov. 21.
RAILROADS.
Albany & Susquehanna
Boston & Ni Y. Air-Lino
prof.
Do
Buffalo Pittsburg& Western.
Burlington Cedar Rapids A No.
Canada Southern
Cellar Falls & Minnesota
03*4
95 >s
95 Hr
28 V
28
391* 401.
29
29
132 V 133
Chesapeake & Ohio
1st >'ref
2d pref
Do
Do
61V
92 V
93 *2
Central of New Jersey
Central Pacilio
Chicago & Alton
pref
Chicago Burlington A Quincy..
Chicago A Eastern Illinois.....
Chicago Milwaukee A St. Paul.
Do
i*08%
100 v 108 V
East Tennessee Va. A <«a
Do
pref..
Georgia Railr’d A Banking Co.
Hannibal A St. Joseph
Do
pref
Harlem
Houston A Texas Central
Illinois Central
Indiana Bloom’n A West., new.
Keokuk A Des Moines
Do
pref
Lake Erie A Western
Lake Shore
1.39 V
AND
LOWEST
PRICES.
Tuesday,
Wednesday, Thursday,
130
*130
Nov. 22.
Nov. 23.
Friday,
Nov. 25.
Nov. 24.
'
35)34 4*(>\
10IV 102 Hi
50 *4 59
91 V 02*8
59
00
00
80
80
-79
81
i*20*4
25*8
94*4 95
109*2 110*4
94 V
109 V
94 V
11IV
14*2
24 V
120*4
83 V
60 V
60 V 61V
24
24
92 V 93 V
92 V 93 V
94
93
93 V 94 V
28 V *28 V 28 V
*28
38 V 39 V
38 V 39*4
28 V 28 Vi
*28 V 31
13 i
132
132
150
*130
i'38 1.39 V 137V 138
02*4
......
131V1
83
15
83*4
86
15 *4
V 125 V
82 V
83*4 83*4
14 V
15
25
90
90
13134 132*2
50
52
132*4 132 V
50 V 51
109 V 109 V
10,700
100
94*V
60,340
94 *2
27 V
39 *2
28 V
54.112
92 V
93 *8
25 V
39 V
28 V
130 V
.131
......
......
.
105 78
121
126 V
139 V
134 V
......
107**h
121
127 V
140
135
......
39 *2
100 V 102
54 *2 5 7 **4
90 V 90 V
38*4
......
19 *2
......
20*4
......
13,605
11,126
6,700
3,575
......
17,330
100
......
......
126*4
124,300
80
150,055
14
24
14 V
24 V
14 34
24
15
24 V
94 V
64 V
101
1
.
.
109
109 V
109
.
94V
13,550
1,350
......
95**8
110*2
5,200
4,400
50
89 7b 90
130 *8 132
48 V 51
90
131V 131V 131V 131 v
89 V
89 V
90
50
50V
48
30
1,100
2,475
7,350
—
43*2
120 7a
44*4
44
44
122*6 121V 122 V
43V 43V
120V 121 V
43 V
43
43 V
119 V 121V
44
119*4 121V
2,600
186,675
Long Island
Louisiana A Missouri River..
pref..
Do
93 V
91V
93 V
72
72
57V
69
93*4
94 34
92 V
94*4
Louisville New Albany A Chic.
Manhattan
Manhattan Beach Co...
Marietta A Cincinnati, 1st prof.
Do
2d pref.
70
50
70
59 *2
74
74 V
50V
58
17"
17'
22
22 V
38*4
21*4'21*4
Memphis A Charleston
Metropolitan Elevated
Michigan Central.
09
95
72
71
68 V
68 V
93 V
97 V
93V
95
‘J2*a
50 *g
09
90 V
92 V
53
50V
5i*s
97
92 V
50 V
Milwaukee L. sh. A West., pref
9 i\
92 V
72 V
57 V
72 V
Louisville A Nashville
92
60
23
*21
Minneapolis A St. Louis
Do
Missouri Kansas A
pref...
38 V
103 34
Texas
41V
100
37*4 3734
Missouri Pacific
Mobile A Ohio
Morris A Essex
Nashville Chattanooga A St. L.
New York Central A Hudson
New York Elevated
..
New York Lake Erie A West..
Do
*■
pref
New York New Haven A Hart.
New York Ontario A Western
..
81
81
138*8 139
108 V 109 *8
45*8
92 34
40*
93*2
39
103 V
37 V
40*5i
105-i
373
81
82
138 V 139 V
108
109 V
45V
92V
40V
92V
170
*172
31V
32
31 *4
31V
57 V
39
58 V
40 V
82 V
20 V
57
39
81-4
58 V
40
82 V
25 V
40 V
41 *8
30
70
39 V
104 V
37
37
96*2
58*2
32,941
21*8
21*2
750
95
95
90 V
47 V
92 V|
67
95
49*4
30
30
70
70
39 V
897n
48*ii
30
30
70
3S78 40*2
103 '-j 105 V
36 *4 37
70
33 V
103 V 10IV
82
83
81V 81V
137 V 138 V 136 V 137 V
107
108
108
108
45 V 46 V
44V 45V
93 V
92 V 93 V
93
*172
175
175
172
30 V 31
30 V 31*4
Do
pref
-
Do
Ohio Central
80*2
pref
25V
40 V
Ohio A Mississippi
Do
41*4
V
20*8
56 V
39 *4
81*4
25*4
40 V
<
a
M
Hi
o
24
24
107
107
45
46
92 V 93 V
1-71
171
Peoria Decatur A Evansville...
39*4
Philadelphia A Reading
Pittsburg Ft. Wayne A Chic
04 V
Do
40V
05 V
*134 V138
.
..
1st pref
24 V
195
39V 41
05 V 05 V
138
138
41
117
53 V
41V
117
40
41
110V118
..
MISCELLANEOUS.
American District Telegraph
Delaware A Hudson Canal
New York A Texas Land
Oregon Railway A Nav. Co
70
110
o2
19V
118
45V
80 V
6,700
40‘4
47V
«8*.j
23
23
23 *2
39
65 V
39V
37*4
39 V
38 V
40
65
65 V
6538
Go V
44
GOV
G7
105
43*4
66 V
43*4
60 V
Wells, Far go A Co
COAL ANI) MINING.
Colorado Coal A Iron
Consolidation Coal
Homestake Mining
Little Pittsburg Mining
Mariposa Laud A Mining
110
110V
52 V 54 V
77
nov
77
no
52
V
53 V
43
43*4
65 V
65
31
73
109
51
118*8 119*4
45V
80 V
47
37 V
118
44 V
85 V
118V
46 V
86 V
108 V 103 V
*39
45
109 V 170 V
170" 174" i’70 *
3.70 "
43 V
44 V
43-4
130
IV
84
z2110*4
V
49
*33
*17
*2
*35 V
*
These
are
27
2,150
7,050
700
235
200
43
43
65 *2
65
105*4 105*4
53
111
51*4 54 *8
110
21
117
118*4
44
45 V
83 V 85 V
20 V 20 V
mv nov
44*8 46
108 *4
108*2 109 V
38*2 38 V
169
169**4
43 *2 45 V
447,
43 V
44 V
130
128
IV
IV
84 V 85 V
128
IV
IV
80 V
84 V
IV
85 V
3 08 V
166" i70"
43*4
44 V
129
129
1
1
84 V
*143
*143
*141
145
145
96
97 V 97 V
97 V 97 V
74
75
75
77
73*4 73V *73
*135
130
134 V 134 V *133
135
134
Ontario Silver Mining
Quicksilver Mining
Do
pref
Standard Consol. Mining
Robinson Mining
Silver Cliff Mi nng
Stormont Mining
26*4
40
119**8
84*4
86
Jan.
26*g Oct.
45
Apr.
2,450
2,180
610
100
312
5,095
86,545
2,500
60,858
49,271
50,462
85
14 V
00
*22*4
IV
‘7
8*4
145
98
50V
36
19
2V
21
30
14 V
48V
50V
*33
35
*17
*2
19
2V
17 V
*2
20V
20V
36
36
*20
35
13 V
61V
14
60
22 V
22*4
22 V
1 °8
IV
*7
IV
7*4
7V
9
48
*
60
8V
the prices bid and asked—no sale
14
9*4
60*s
22V
1
*7
*1
8V
43 V
17 V
2*4
22
35
13V
60 V
22V
46 V
*33
*16
*2
*19
32 V
13 V
*60
47 V
612
iv
8534
143
96
7634 78 V
'134
135
345
408
150
00
143
96
40
48
6,740
200
300
18
2V
21
32 V
13 V
63
22V
IV
IV
*7
......
3,322
43,500
....
22V
IV
8
145
98
77
135
7,655
4,700
125,408
1
18!
82*2 Jan. 4:
80 V Feb. 25;
20 V Jan. 19
16
21
13*2
*14
60 V
60 V
22 **4
39 V
22»*
39
400
210
800
3,800
385
300
2,200
8
Jau.
w*s made at the Board.
8
8V
8*4
8V
May 16 100
Oct. 13
60
90
90
40 V
112
102 V
33 V
Higb
120
37
"01 v
80**
81V
May 14
50
40
14
45
63
15
May 14
May 14
17" 27*4
Nov. 1 t
May 26
Jau. 14
June20
Feb. 17
J une18
6,165
29
90V
97 V
25V
30 V
Jan.
5
99 V 159V
Mar. 23 153
Jan.
7 117
160
Oct. 20 182 V Jan. 17: 113
183V
95
Apr. 21
May 17
Feb. 25 129*4 June 0! 66 V
Oct. 13 140
May 26! 99 124*,
Jan. 19 87 *e 130
Feb. 25 136
Feb. 26 1 47 V Jan. 17« 104 1 146 V
Feb. 26 148 V M ay 21 .00 V 204
88
Jan.
4
48
May 23 oo
Jan. 22
36V Aug. 22 51
91
Feb. 25 109 V Jan. 2 4
41 V Feb.
1 68 *4 June 22
81
Feb. 25 101V May 23 61
90 V
127*4 Jan. 29 142
May 10 106 V 129 V
9 V 25 V
18V Aug. 20 32 V May 20
60
53
May 24 50
May 12 77
68
131
Mar.
9
107
.Tan.
4
V 110*4
Juno
7
77 V Nov. 25 113*4
61V 86 V
June 14
60
83
76*13 Apr. 8 88
21
13
Aug.
4
Sept. 22
A u g. 6
24
Nov. 23 '33
163
Nov. 17 175
Aug. 17
22 V 50 V
44 V Jam
4 350
Sept.l
63 V 105
94
Feb. 26 121
Sept. I
250
158
200
197
Jan.
8
May 2
106
18
June
63
Feb. 26
49V 91V
124
Jan.
4 146 V May 21 99 V 127V
38 V Aug. 18 57 V May 19
9
Jan. 10
14
30*4 June 2
20V
41
Jan.
4 56" Jan. 27 25
43V
38*13 Jan.
4 65 V June 2 20*4 42*4
95
117
Oct. 12 135 V Jau
139V
J une 30 20
63
44
June 4
24
33
Feb.
21
lGVJan. 26
June 23
42
June22 48
174
79
Feb. 25 110 V May 18 77
50
Oct. 27 117 V June 11
30
109
57 V
15*4 Aug. 9 59 V Nov. 18 21
59 V May 26 30
50
Oct. 10
18
9
Jau
4 '24
3V 18
May 2
7
O
.Inn.
2
15
V 12V
May 2 l
J une 13 29*8 43
41
Feb. 18 93
83
121
126
Feb.
14
77V Sept. 5
86
Oct.
6 126 V Jan. 20 75
130V
42
Mar. 22 64V June 2
59
39
5
Nov.
May 27
Nov. 18
30
23
Nov. 15
70
Nov. 15 "OV Nov. 18
May 21 28 *t 49 V
36V Oct.
6 54
85
Jan. 28 114 V J une 14
J
29*4
18*4 Feb. 26 39 V une23 12
June 3 100 1123
118
Feb. 25 131
47 V [128
Mar. 21
63
Jan.
6 102
Jau.
3 122
1553*
135 V Oct, 19 155
127*4
96
Aug. 25 130 V Feb. 15 109
61*8
41V J illy 26 52 V Jau. 15 30
93»Jau. 10 47
80V July 27 95
155
}180
June 13
164 *4 Mar. 25 190
20
Feb.
2
32*8
27 V Aug. 22 43 V
26 V Nov. 14
23 V July 14
70
53
May 26
Aug. 26
36
20
Mar. 17
32V Jan. 13 51
64 V Jau. 25 -88 V June24 39 V 67 V
14
28V
23 V Jau.
5 37 V May 21
44V
60
35 V Aug. 22
Sept. q 23
102
May 21 57 V
97V Jan. b 126
37 V .Tune 10
18
Oct. 12
Oct. 13
190
Oct. 11 200
28 V
27*4 Jan.
4 57*4 J ui) 0 22 18
4
13V 72V
Feb. 25
74 V Oct.
50
i‘uv
127
May 17 112
130
35
June
J line
Nov.
June
Juno
Jau. 19 142
Jau.
7 146
Oct. 10 80
GOV Oct. 20 120 V
25 V Aug. 26 50
50 V
25
Apr.
1
77 V
39
Feb. 2b
143
86
V
July 19
55
39
Mar. 24
61
4
8U4
Jan.
90
Feb. 25 115 V
26
42 V
Feb.
9
70
Mar. b 89 V
7 113 V
88*2 Jan.
41 *2 Jail? 4
17*4
73 V
32
Nov. V'
38
19V Nov. 1<
1.05 *2 Feb. 25 I MV
39
Feb. 25 60
77
Feb. 25 96*4
10 111
23
14
18
3
Slay 12
May 25
J une14
June 3
J une29
M ay
4
May 25
Nov. 12
May 23
June 14
19V
35
25
50
40
67
88
42
15
42 V 112
25*4 48
65
33
100
60
2
June30
May 16
79V
so" '47 V
May 13
July
129
129
80
26V
51*4
113 V
48
88V
81
74*4 Feb. 12 50
92V
4 115 *4 Mar. 7 60
30
15 49
Aug. 2 25
147
Feb. 21 102
3 LOO
62
25 62*4 Fob. lb 27 V 140
Jan.
3 107 V
31 L51
4V
V
2 V Apr. 1?
b
9) 94 June26
June 2*.
89 5h Jau.
30
Jau.
135
Jau.
43*4 Nov.
127*4 Oct.
Feb.
1
77
Apr.
120
62 V
51V
112
Jan.
5 153
Jan.
Jau.
6
4
Jan.
4
35
3
Jau.
30
Oct. 15
15 V July 15
l78Jan.
20
Oct.
32 V Nov.
5
4
8
23
12*2 Sept. 7
Jau.
5
Aug. 6
Apr. 27
1
Nov. 22
5*u Sept. 17
53
21
25
VNov.
IV
8V
Low.
7i 71V July 13
55V Oct. 12
VJan.
21
5 131
30
13]
Feb. 26 i
Feb. 24
37
69
46
20*4
Deadwood Mining
Excelsior Mining
New Central Coal
39*2
119
31
73
20 V
108 V 109
Coal
Cameron Coal
Central Arizona Mining
1,300
150
13,140
18,200
20
138
105 V
108*4 109V
*141
98
American
United States
5,405
......
22 V
EXPRESS.
Adams
7,950
.
Pacific Mail
Pullman Palace Car
Sutro Tunnel
West.Union Tel., ex-certifieate
Maryland
80
23
521V
119 V
100
200
43 V
70
11IV
4,700
40*2
25 V
41
St. Paul A Duluth
Do
pref
St. Paul Miuneap. A-Manitoba
Texas & Paeihc
Texas A St. Louis
Toledo Delphos A Burlington
Union Pacific
Wabash St. Louis APacmc
Do
pret
132,310
26
81V
80
25 *4
53 V
42 V 44
05
07 V
105
105 V
73,915
1,930
40*8
56*12
39*4
39 V 40
117
119 V
26 *4 28 *4
30
30 V
4.100
11,395
42,085
57
39 V
81V
25 V
40 V
39
40-,
117
118
27*4 28
75,859
21,200
2,900
58 *2
40 V
82
26 V
56 *4
39
135
700
400
21,398
22 V
136
5, IrtS
60,560
4,050
31
57 V
65 V
137
6,500
30*4
195
Panama, Trust Co. certificates.
Rensselaer A Saratoga
Rich.A Allegli., stock trust etts.
Richmond A Danville
Rochester A Put sou rg
Rome Watertown A ogdensb’g
St. Louis Alton A Terre Haute
Do
prei
St. Louis A San Francisco.
Do
prof.
24
83
136 V 138**4
......
Ohio Southern
1,300
20
n'S
39 V
pref
'
70*4
97
92
49
Norfolk A Western
Northern Pacific
28,775
300
Milwaukee A Northern
30
*69
39
103 V
92 v
70
57 34
70
Highest.
140
9,120 136
90
106,194 101 V
517 116 V
65,785 117
1,830 131 *8
1,950 129
10O
40
...
124 V
77 *2
.
Lowest.
1,600
2.300
32V Jan. 12 48V
23
Jan. 25
36 V
1,700
1,730 127
Aug. 20 156
125 V
78 V 81V
l24V
.
95
94
61**4
For Full
Year 188a
Range Since
120
......
138 v 139*2
i'o’tiv
124
81
.
700
100
200
107V 105 V 167 V
1 1 934 119V! 121*4 121*4
126” 12dV
120 V 127 V! 126 V 127
140
! 139 V 140
139*4 139 V
140
134
133 V 131
13 tV 133V 134V
83 V 83 V
*83
85
3« V 39 V
39
39 V
39*4 39 V
101
101 V 102
101*4 10i>V 101
54*4 55
57*4 58 V
90*12 91
91*4 91V "oi" "sUV
*135 *4 137
135
138
137
19 V 19V
19 V 20 V
20*4 20 V
124 V
82 *4
*82
14 3.
24 V
125 *4
82
83
the Week,
Shares.
.
59
61V
Sal.es of
.....
a33
137
Cleveland A Pittsburg guar
20*4 20 V
Columbus Chic. A ind. Central.
Dubuque A Sioux City
94 V
95
94
28 34 29
38 V 39
*29
30
132 V 133 V
107*4
1394141
134 V 135-4
Delaware Lackawanna A West.
Denver A Rio Orando
"92 V
i.39*4
Do
pref...
Chicago Rock Isl. A Pacific
Chicago St. L. A New Orleans..
Chicago St. Paul Minn. A Oni..
Do
pref.
Cincinnati Sandusky A ('lev....
Cleveland Col. (Jin. A Did
Danbury A Norwalk
62 34
140*4
121
121*2
126 V 127 V
Chicago A North western
02
138
pref.
Do
82
*80
stock exchange for the week, AND SINCE JAN. 1.
HIGHEST
STOCKS.
[VOL. XXXII).
25
8
3 *4
1 *2
9
Oct. * 6
Nov. 23
J an. 11
Feb. 284
98
Oct. 18 106V 122
Nov. 15
54
78V Nov. 25 42
142
June 18 100
67
43
June 7
Jan. 15
29*4 Jau. 4
8 *4 Feb. 7
9
Apr. 22
35
May 27
38 V June 10
2IV July
75VJuly
27
7
7
Fob. 17
45V May 26
Feb. 14
7
14
Jan. 3
7
Jau. 8
35 V Feb. 9
13 V Oot. 29
68V
55
118
19 V
42 V
28
26
39
30V
l7e 30V
4V
2V
16
30
9
27
38V
24V
45
78V
20
34
2
11V
6
20
2*4
2V
21V
25 V
25 V
35
a
November
THE CHRONICLE.
26, 1881.]
588
quotations op state and railroad bonds and miscellaneous securities.
STATE
Bid.
SECURITIES.
*SSSTs to 5. !»<.«..
Class C,
7a, L.
Ft. S. iss.
Memp. & I*. Rock RR
L.R.P.B.&N.O. RR
7a, Miss. O. A R. R. RR.
7a, Arkansas Cent. RR.
Connecticut—6s, 1883'4..
78
83
33
20
Do
do
109
110*2
109
111 *2
6s,
6s,
6s,
6s,
6s,
6s,
111*9
117
Louisiana-
67 7a
7b, consol., 1014
7a, small
68 ^
69
New
114
A.&O
Chatham Rlt
107*2
Special tax, class 1, '98-9
108
Do
Do
gold, reg., 1887
gold, coup., 1887
loan, 1883
loan, 1891
loan, 1802
loan, 1803
RAILROAD
Railroad Ronds.
......
*i03*2
1st, consol., fd. cp„ 7s.
2d, consol., fd. cp., 5s. *
102 *2 Ev. & T. H.—1st cons., 6s 100
Fl’t&P. Marq.—M.6S.1921 *--Gal.Har.A B.Ant’o—1st,6s
105
2d mort., 7s, 1904
116
Gull Col. & 8. Fe—7s, 1909 105
Han. & St. Jos.—8s, couv.
101*2
Consolidated 6s, 1911
72:j4
73*2
101 4
120
O.Rap.Ia.F.A N.—1st,Oh
Central Iowa—1st, 7s, ’99
13*6 *
......
'
102*2
102*2
115
106
******
..
Cheasp. A O.—Pur. m’y fd.
6s. gold, series A, 1908.
6n, gold, ser. B, int. def.
.
...
101
83 *<2
55 *2
85
56
124
6s, currency, int. def ...
fhicago A Alton—1st in.. f
112
Income 7s, 1883
Sinking fund, 6s, 1903..
Joliet & Chioago—1st in. t
3.26
2d, consol., main line, 8s
2d, Waco & N„ 8s, 1915
118*2
Gen. mort., 6s, 1921
Ill.Cent.—Dub.& S.C., 1st *103
Dub. & S. C., 2d Div., 7s no
124
......
130
a
....
115
Houston & Texas Cent,
1st mort,, 1. gr., 7s
*112=4 113
1st mort., West. Div., 7s 109
1st mort., Waco & N., 7s 114
115
......
La. A Mo.—1st in., guar.
2d mort., 7s, 1900
St. L. Jack.A Ch.—1st tn fl 15
1st, guar. (564), 7s, ’94 *115
2dm. (360), 7s, 1898..
2d, guar. (188), 7s, ’98.
10*8
.
.
......
*99*2
......
......
Ced. F. & Miun.—1st ra.
Ind.Bl.& W.—1st, prof..7s
1st mort.. 3-4-5-os, 1909
2d mort,, 3-4 5-6s, 1909.
......
......
......
......
.....
.
Mi88.R.Br’ge—lst.s.f. 6s
B.&Q.—8p.c., 1st 111.,’83 * 10634 107*2 Indianap.D &Spr.—1st,7s
Consol mort., 7s, 1903.. *128
j Int.&Gr.No.- 1st. 6s gold
5s,sinking fund, 1901..
j Coupon, 6s, 1909
!
«. R.I.A P.—6s,coup., 1917 125 4
Kent’ky Ceil.—M.,6s.1911
325*2 126*2 Lake Shore & Mich. S.—
68,19.17, registered
Keo.A Dos M.—1st, g.,5s 105
Mich. So. & N.I. s.fd. 7s
......
.
.
.
f.
.
.
......
117
122
91
81
101 *4'
.
95
81*2
104 *2
107*2
94
....
Central of N.J.—1st 111.,’90
1st consol., assented, ’99
Conv., assented, 1902...
......
1 18 34
114
115
113*4
......
106
Adjustment, 7s, 1903...
Leh.&W B.~Cou.g’d.as.
109*4 no
Am. Dock A 1m.—Ass’d.
136
M.A St. P.—1st.8s, P. B. *
2dm., 7 3-10, P. D.f 1898
lstm.,7s, $ g., R.D.,1902 1*21*
1st in., LaC. Div., 1893..
120
lstm., I. A M., 1897
lstm., I. A D., 1899
1st ill., C. A M., 1903.... 121**2
Consoi. 7s, 1905
122 *4
138
123
124
119 *2
....
122
...
1st, 7s, I. A D. Ext., 1908
Div., 1st, 6s,. 1909.
1st, 5s, La.& Dav., 1910.
is 1
124
1*23 *2
*2
107 *2
94
97
110
Cleve. &lol.- Sink. id..
New bonds, 7s, 1886..
Cleve. P. & A eh - Is
110
j
Buff. & Eiie- New ods.
Buff. & State Lite- 7s..
Kal. & \V. Pigeot- 1st
Det.M.A T.—1&4.7 8,1906
Lake Shore—Div. bonds
*123*2
iio'*
.
Consol., coup., 1st., 7s 131
Consol., reg., 1st. 7s... 130
Consol., coup., 2d, 7s.. 126
*127
Consol., reg., 2d, 7s
...
Louisville. & NashvilleCon sol., 7 s, 1898
2d mort,, 7s. gold, 1883.
Cecilian Br’cu—7 s, 1907
N.O.&Mob.—1st,6s, 1930
E. H. & N.—1st, 6s, 1919
Gen’l mort., 6s, 1930..
131
128
127
119
1*0*7 *2
ti*o*6*
1st 8. Minn.Div.,6s,1910 106*2
Pensacola Div—6s, 1920
1st m., H. & D., 7s, 1910 1 16
St, L. Div.—1st, 6s, 1921
117\
0h.& Pac. Div., 6s, 1910 *108
2d mort., 3s, 1980
1st Chfic.A P.VV..5S, 1921
Nashv. & Dec.—1st, 7s.
Min’l Pt. Div., 5h. 1910.
’**93“ *9*7**
S.& N. Ala.—S.f.,6s,1910
®.<fe N.west.—S.i, 7s, 1885
Leban’u-Knov.—6s,1931
Interest bonds, 7s, 1883
L. Erie & W.-lst, 6s,1919
Consol, bonds, 7s, 1915.. i*3o"
Sandusky Div.. 6s, 1919.
Extension bonds, 7s, ’85 *
107*2 Laf. B1.& M.- 1st, 6s, 1919
1st mort., 7s, 1885
t
109*2'
104
10.*
103
104*4
104
10734
.
Louisv.N.Alb.&C.—lst,6s
116
119
io*6*
108
1
Coupon gold, 7s, 1902... 128
Mauhat.B’ch Co.—7s. 1899
1 26 *2
Reg., gold, 7s, 1902
107
N.Y.& M.B’h—lst,7s,’97
Sinking fund, 6s, 1929.. 107*4 10734 Marietta & Cin.—1st, 7s..
127
107
108
Sinking fund, reg
1st mort., sterling
102
Sinking fund. 5s, 1929.. *101
102
Metrop’lit’n El.—1st,1908
8inkiug fund, reg
2d mort., 6s, 1899
*9*1 *2 92
Iowa Midl’ud—1 st m.. 8s
Mich.Cent.—Con.,7s, 1902 122*2 123
Galena & Chic.—Exteu. 10*2** 16*3*
1st mort., 8s, 1882, s. f
102*4 103
Peninsula—1st m., couv. *130
Equipm’nt bonds, 8s,’83
...
_
Chioago & Mil.—1st
iu..
......
Winona & ftt. P.—1st m.
2d mort., 7s, 1907
*
©. C. C.& Ind’s—1st,7s,s. f.
Consol, mort., 7s, 1914.. i*24*2
G St.L.&N.O.-Ten.lien,7s
lstm.,
con., 7s, 1897
©• St. P.M.& O.—Cons., 6s
C.St.P.&M.—lat.0s.1918
No.
Morris & Essex—1st
2d mort,, 1891
Coupon, 5s, 1931
125
Jack. Lan.&
125
109 “4
iio*
St.P.&S.C.—1st, 6s,1919
6s. 1909
120
120
1*0*3** 163 V
Wise.—1st, 6s, 1930.
Ghic.& E.I11.—lst,s.f.,<Mir.
Del. L. & W.—7s, couv. ’92
Mort. 7s, 1907......
8yr.Bing.& N.Y.—lst,7s
_
125*2
126*2 127
136'
97*2
.*.
Registered, 5s, 1931
S—6s, 1891 *
Mil.&No.—1st,4-5-6s,1910 100
Mil. L.S.&W.-lst 68,1921
Mo. K. & T.—Gen.,con.. 6s
Cons., assented, 1904-6.
2d mort., income, 1911..
H. & Cent. Mo.—1st,’90.
Mobile & O.—New m., 6s.
'89*'
107
75
Morgan’s La.&Te.x,lst,68
Nash.Chat.A St.L—1st, 7s 117*4 11778
2d, 6s, 1901
N. Y. Central—68, 1883
..
102*2 102 7t
71
71
70*4
70*4
30
30
30
112 >
77
45
80
18*a
District of Columbia—
Registered
Funding 5s, 1899
114
Do
Do
small
registered
SECURITIES.
Ohio So.—1st Ai„ 6s. 1921.
Panama— S. F. sub.6s,1897
Poona Dec. & Ev.—1st, 6s
95
95 *2
108
107
Evans. Div.,1st, 6s. 1920
Pac. RRs.—C. Pac.—G.,6s. 115
San Joaquin Branch..
Cal.A Oregon—1st in.. tio-i
State Aid bonds,7s,’84 *103
Land grant bonds, 6s.
105
West. Pac.—Bonds, 6s *110
So. Pac. of Cal.—1st, 6s.
103 7a
Union Pacific—1st mort. 117
Land giants, 7s, ’87-9.
Sinking funds, 8s, ’93
Registered 8s, 1893... *
Collateral trust, 6s
*
Kaus. Pac.—1st, 6s,’95 Ill
1st m., 6s, 1896
Den. Di v.,68,as8’d.’99 109
106
115*2
110
104
114
123
125
113*
110
105
99
99
110
103*2
111
..
Div.,6s, 1930
Mil. US. & W.—Incomes.
Mob.A O.—1st pref.debeu
2d pref. debentures
3d pref. debentures.
4th pref. debentures
N. Y. LakeE.A W.— I nc.6s
N.Y. P.& O.
1st inc.ac.5-7
N.O. M.& Tex.—Deb.scrip
Ohio Cent.—Income, 1920
Ohio So.—2d I nc., 6s, 1921
105
53
95
75
76
92 *a
65
51
85**
96
.
—
48
44
70
97
72
62
62
92
55
.
53**
48
Ogdensb.A L.C.—Inc. 1920
Peoria 1). A Ev,—Incomes
Evansv. Div.—Inc,, 1920
Roch. & Pitts.—Inc., 1921
75
75
St. Louis I. Mt. & So.—
1st, 7s, pret. int accum.
80
39 *a
98
89
*a
-
103*
So. Pacific of Mo.—1st m
Tex. & Pac.—1st,6s,1905
reg.j
—
2d, 6s, int. aeo’mulative
103*2 St’gl.&It’y—Ser. B.,ino.’94
92
Plain Income 6s, 1896..
91*
Sterling Mtn. R’y lnc.,’95
3-6s, class B, 1906
1st, 6s, Peirce C. & O.
Equipment, 7s, 1895..
I’d gr.,
Chic.St. P.iV .vi. L.g.ine.Os
Chic. & 1*1 Ill.—Inc., 1907 *
52*
E.T.Va.&G.—I ne.,6s, 1931
1 nd. Bl.&West.—111c., 1919,
80
lud s Dec.&Spr’d—2(1 me.
75
Trust Co. certificates... *
Iut, & Gt, North.—2d I ne.’
2d assented, 6s, 1909..
90
Lehigh A W.B.Coal—1888'
Lake E. AW.—Inc, 7s, ’99
59*
Sand’ky Div.—Inc., 1920
11734 Laf.Bl.&Mun.—Inc.7s, ’99
110*2
1st cons., 6s, 1919...
Cent. Br. U. Pac.—1st,6s *100
Funded cqups., 7s, ’95. *100
Atch.C.A P’.-1st, 6s, 1905
At. Jew. Co.A W.—1st,6s
Utah So.-Gen., 7s. 1909 109
Mo. Pac.—1st consol.. 6s 103
3d mortgage, 7s, 1906.
Pacific of Mo.—1st, 6s
107
2d mort., 7s, 1891
113
St. L.&S.F.—2d, 6s. cl.A 102
89
3-6s, class C, 1906
105
107
103**8
74*2
75
89:u
St.L.A.&T.II. Div. b’nd.s
Tol.Del.& B.—Ine.Os.lOlO
—
60
62
*35
.36
Dayton Div.—6s, 15)10.
Tex.&St.L.—L.g.,inc.l920
Miscellaneous List.
Pennsylvania RR—
Pa. Co’s guar.
4 *2S 1st
99*2
c.
Registered, 1921
P i t ts. F t. W. & C11.—1
2d mort., 7s, 1912
st m
139
*133
Clev.&Pittsb.—Cons.,B.f
i‘27
3d mort, 7s, 1912
4th mort., 6s, 1892
*114
Col. Cli.A I. C.— 1st, cons
2d con., 7s, 1909
1st, Tr’t Co. etts., ass’d *110
2d, Tr’t Co. ctfs., ass’d
1st,Tr’t Co.ctfs.,supi)l. iio'
St. L. V.&T. H.—lst.g.,78 *117
2d mort., 7s, 1898
2d m.. guar., 7s, 1898.
Pits. B’d.&B.—1st,6s,1931
Rome W.&Og.—Con., 1st.
Roch.A Pitt,—1st,6s, 1921
Rich.A All’g.—1st,7s,1920
*1*3*6'
(Broker's Quotations.)
new stocla
Bost. liar. & E.
2*8
..
130
115
Ft.Dodge—1st,6s
Galv.H.& Hen.—7s,g., ’71
Gr. Rapids A I rid.—1st,
1st mort., 7s, guar
7s
Ex-land grant
Stock
Kansas A Neb.—1st mort..
2d mol t
Long Island—1st mort..
.
2d mort
Midland of N.J.—lst.new-
96
Income, “A”
102*2
Income, “B”
105*2
Stock
102*2 103
N.Y.&G’nw’il L.—lst,7s,n
108
118
*86*
*7«
4o
48
Chic.A Can.So.—1st, g.,7s
Cin. Iml. St. I,. A Chic.—
1 st mort., 6s, 1920
noi** 103*9
Dos M.A
92
2d mort., 7s, 1897
107
Arkansas Br.—1st mort. 110
Cairo & Fulton—1st m.. *....
Cairo Ark. & T.—1st m.
Gen.c.r’yA l.g.,5s,1931..
140
100
104
10734
111
jl12 *2
112*4
87
St.L.Alton & T.H.—lstm. 114
2d mort,, pref., 7s, 1894.
113
2d mort., income, 7s, ’94 *102*2 105
2d mort
St. Joseph A Pac.—1st m.
2d mort
St, Jos. A West’11—Stock.
Tex. A St, L.—1st. 68,1910
Utah Central—1st mort..
Utah Southern—1st mort,
Wis. Ceil t,—1 st series, ne w
2d series, new'
110
80
115
110
102
15
105
18
83
86
25
112
no
91
13
8
20
50
14
88*2
82
16*2
1*06’*
86
30
i*15*“
93
14*9
9*a
27
55
18
90
35
20
89*a
108
no
77*2 78
45
50
109
Belleville&S.Ill.—lstm.
St.P.Mimi.A Man.—1st,7s
2d mort., 6s, 1909
Dakota Ext.—6s, 1910..
St, P. & Dul.—lst,5s,1931
110*2 im
106
107
3 00
109*2 Tex.Cen.—lst,s.f.,7s, 1909 105
101
Tol. Del. & Bur.—Main. 6s
90
103*2
1st, Dayt, Div., 6s, 1910
89*2
1st, Ter’l trust, 6s, 1910
W. St. L. & P.—Gen. m., 6s
107
80
Chic. Div.—5s, 1910
*
108
Hav. Div.—6s, 1910.....
*95
114
105*2 108
70*2 71*2
Small bonds
Rich.&Dauv.—Cons.g., 6s.
106 ‘
90
110*2
100>2; Scioto Val.—1st, cons., 7s.
107**4 St. Louis & I. Mount.—1st
104
9
.
Income &
1st.Rio G.
lift
126
123
9
81
Consol., 6s, 1905
...
1
loi'v
5s, 1921
S. W.
j
Tennessee—6s, old, 1892-8
6s, new, 1892-8-1900
6s, new series, 1914
Virginia—6s, old
'.
6s, new. 1866
6s, new, 1867
6s, consol, bonds
6s, ex-matured coupon..
6s, consol., 2d series
6s, deterred
,
22
22
12 7e
12*4
v
3-658, 1924
MISCELLANEOUS
3.27 *2
A
Buff. N. Y.&E.—1st, 1916
N.'Y. L. E. & W. -N e w2d, 6
......
101
Balt.&O.—1st, Oh, Prk.Br.
Boat. H. A E.—1st mort..
Bur. Ced. R. A No.—1 st. 5s
Minn. A St. L.—lst,7s,gu
Iowa C.& West.—1st, 7s
i*26
non-fundable, 1888..
12*2
12*2
Ask.
—
Brown consol’n 6s, 1893
8*2
6s, coupon, 1893-99
1st,consol., gold, 7s,1920
Long Dock bonds,7s, ’93
......
Bid.
6s, Act Mar. 23,1869 >
io
6s, 1886
AND
SECURITIES.
South Carolina
9
Rhode Island—
BONDS
Ask.
35
35
140
140
120
120
class 2..
class 3
Consol. 4s, 1910
Small
Ohio—
5th mort., ext., 7s, 1888.
(Stock Exchange Prices.)
Ala. Central—1st, 6s, 1918
Atch. T. A S. Fe—4 *2.1920
Atl’c A Pac.—1st,Os, 1910
1868-1898.
bonds, J.&J., ’92-8
Do
E ri e—Con tinued—
■
*
coup, off, J.&J.
Do
111
112*2
’87.
A.&O
coup, off, A.&O.
Funding act, 1866-1900.
110
Now York—
f eorgia-Os. 1880
7s, new, 1886
gold, 1800
37*2
Do
Do
Do
103
or 1883
6s, due 1886
6s, due 1887
6s, due 1888
6s, due 1880 or 1890
Asyl’m or Univ., due ’02
Funding, 1894-’95
llanuibal A St. Jo., ’86.
*3*3
Bid.
old, J.&J.
6s, old, A. A O
No. Carolina RR., J.&J.
6s, due 1882
35
30
28
29
28
SECURITIES.
N. Carolina— 6s,
Missouri—
82
7a
endorsed, 1886
higan-
104*4
AS,*umle<L
1809-1000...
Rock A
Ask.
Bid.
6s, 1883
7s, 1890
81
99
4s,l!H)«
7a,
SECURITIES.
83
68,10-208, 1000
7b,
Ask.
BONDS.
Tol.P.&W.—1st, 7s,1917
115
Wabash—Mort. 7s of ’09
Tol. & W.—1st, ext., 7s
11134
1st, St, L. Div., 7s,1889
2d mort.,ext,, 7s, ’93..
106*2
90
90
Southern Securities
(Broker's Quotations.)
STATES.
So. Car.—Consol. 6s(good)
Browne, consol
Virginia—Now 10-40s.
96*2
92
102
116
109
RAILROADS.
Atl. A Gulf—Consol.7s,’97 tl09
Atl.A Charlotte—1st, 7s.. 112*2
94
Income, 6s
Stock i,
Car. Central—1st,
.
6s, 1923
106 *2 107*4 Cent. Ga.—Consol, m., 7s.
110
105
46
Stock
6s, 1887
68, real estate, 1883
*108
102
6s, subscription, 1883.. 102
80
96
108
48
112*9
113*4
95
81
117
97
120
123
128
63
Charl’te C.&A.—Consol.7s 110
114
Equipm’t bonds,7s, ’83
2d mort., 7s
Consol., conv., 7s,1907 105*2
1014
Bonds, 7s, 1900
Gt.
52
Stock
110*2
55
102^8
West.—1st, 7s, ’88.
7s of 1871-1901
119
122
136 *2
N. Y. C.&H.—lstni.,cp.
2d mort., 7s. 1893
99
105
108*2 109*2 Chic. St, L. A N.O.—New 5s
lstm., consol., guar., 7s 124*2 126
136
1st mort., reg., 1903
110
Q. & T.—1st. 7s, 1890. t
E. Tenu. Va. A Ga,—1st, 7s 116
118
Del.&H.C.—lstm. ,7s, 1884 107 109
113
Huds. R.—7s, 2d, s. f.,’85 110
124
Ill.&S.I.—1st, 7s, 1882 101
tl22
Georgia Railroad—7s
1st mort,, 7s, 1891
114
120
llan.& Naples—1st, 7s
Canada So.—1st, iut. gu.
6s
*.
98*2 99
110
tl07
let mort., ext,, 7s, 1891. + 112*2 116
St, L.K.C.&N.—R.e.,7s 110
Harlem—1st m., 7s, cp.. 134
112
Memph.&t ’liar.—1 st.cons. 112
1st mort,,
1 1 6
114
coup., 7s, ’94.
1st mort., 7a, reg.,1900 135
O111.Div.—1st mort,, 7s
1st, consol., Teun. lien.. 314
1st mort., reg., 7s, ’94... 116
1*2*6’ N. Y. EleVd—1st, 7s, 1906 118
.19
Clarinda Br.—6s, 1919
102
Miss. Central—1st in., 7s. 101
105
let, Pa. Div., op.,7s,1917
No.
128*2 N.Y.Pa.&O.—Pr.rn.6a,’95
2d mort., 8s
107
no
Missouri—1st, 7s.
West.
U.
86
N.Y.C.&
112
N.
O.
114
Beg.,
7s, 1917
118*2
A Jackson—1st, 8s.
Tel.—1900, coup. *117
N.—Gen.,68,1910
& Susq.—1st m., 7s
N.Y.& Now Eng.—1st, 7s.
1900, reg
115
*117
118
118*2
Certificate, 2d mort., 8s.
2d mort., 7s, 1885
1st m., 6s, 1905
N. W. Telegraph—7s, 1904
105*2
Northeast.,S.C.—1st m.,8s 125
1st,cons., guar.7s.1906
Nevada Cent.—1st m., 6s.
100
2d mort.. Ss
117
Spring Val. VV. W.—lst, 6s
Bens. & Bar.—1st, coup. t:'34"
N. Pac.—G.l.gr.,lstcon.6s 103
104
110
Port Royal A Aug.—1 st ,6s 102
Oregon RR.&Nav.—1st,6s
105*^
1st mort., reg., 1921
134
140
103
Rich.A Dan.—1st, con-.,6s 101
Registered 6s, 1921
INCOME BONDS.
Denr. & Rio Gr.—1st,1900 *113*2
N. O. Pac.—lat,6s,g.,1920
117
94* *94^
Stock
119
1st, consol., 7s, 1910
109*2 11*6*4 Norf.&W.—G.l.m.,6s, 1931 103
104
Southw. Ga.—Couv. 7s. ’86 120
(Interest payable if earned.)
Denv. So.P.A ps+c. -1st, 7s
103
Ohio & Miss.—Consol, s. f. 119
Ala. Cent.—Inc. 6s, 1918.
Stock
Consolidated 7s, 1898...
S'JVVa.&Ga. —lsteons. 5s
S.Carouna RR.—1st in.. 7s 1106
Atl. & Pac.—Inc.. 1910..
•"U®—1st mort., extended. 11.26
2d consolidated, 7s, 1911 3.20 *2 123*2 Central of N. J.—1908—
102
40
42
99
Stock, assessment paid.
2d mort,, ext’ii
5s, 1919
1st m., Springfield Div.. 118*2 120
122
123
06*2! “ “ “
112*2
Chio.St.L.&N.O.—2d, 1907
7s, 1902, non-enjoined
Id mort.,
7s, 1883
105
Non-mort, bonds
70
75
105*2 Ohio Cent.—1st, 6s, 1920.
<3
99*21 9934' Col.Chic.&I.C.—Inc.7s,’90
mort.
5s. io^ni i c.i, i/>-*
1s»t *m
Tpr’l Tt.. f5s. 1090
Western. N. C.—1st. 7s... 106
..lion 1 c’pnt. r n. —< 'our*.del).certs.
I 108.
m.
116
119
...
..
4
.....
..
....
-
..
.
Prices nominal.
t Amd Mtruci into rest.
t No price Frit^y—tnese are latest quotations made this week.
THE CHRONICLE.
584
New York Local
({notations m Boston, Philadelphia and
Securities.
Insurance Stock List.
[Quotations by E. S. Bailey,
No. 7 Fine Street ]
Bank Stock List.
Marked thus (*)
not National.
100
100
25
25
100
100
25
100
25
100
100
100
100
25
25
100
100
100
100
30
50
75
100
100
25
Bowery
Broadwav
Butchers’ & Drov’rs’
Ceniml
Chase
Chatham
Chemica1
Citizons’
City
Commerce
Continental
Corn Exchange*
East River
Eleventh Ward*.....
Fifth
Fifth Avenue*
First
Fourth
Fulton
Gallatin
American*,
Berman Exchange*.
erman
Germunia*
Greenwich*
Imp. and Traders’...
Metropo is*...r
Metropolitan
Mount Morris*
Murray Hill*
Nassau*
New York
New York County...
N. Y. Nut’l Exeh’ge.
Ninth.
North America*
North River*
Oriental*
Pacific*
Park
People’s*
Phenix
Prod hoc*
Republic
Pt. Nicho'ns
Seventh Ward
Seoond
Shoe and Leuther.
Sixth
Clinton
Columbia..;
Commercial
Continental
150^
Eagle
...
12C
Empire City
Exchange
5'J
127*
150
.
State of New York..
Third
Tradesmen's
Union
United states
West Side*
Greenwioh
Guardian
Hamilton
Hanover
Hoffman
Home
Howard
335
210
importers’ & Tr’d’rs
Irving
140
U0
50
100
100
25
50
25
100
Jefferson
Kings County (Bkn.)
Knickerbocker
140
Lafayette (Br’klyn)
Lamar
934$
10()^
50
50
100
100
Lenox
Lon<r Island (B’klyn
Lori Hard
121
130
Manufac’rs’A Build.
Manhattan
.....
Mech. A Traders’
Mechanic^’ (B’aly.n).
Mercantile
Merchants’
170
100
100
100
100
100
100
70
SO
25
50
100
25
20
50
100
100
100
100
100
100
100
100
Montauk (Brook.,,,,
Nassau (Brooklyn)..
117*
Phenix
Relief
Republic...
Rutgers’
....
Standard
Star
Sterling
Ptuyvosant
Tradesmen’s
United Statos.....
50
100
Westchester
Williamsburg City
100
05
70
150
110
155
110
W5
loo
65
1.-0
two
5>
l 8
60
60
110
60
71
Val ey. 7s
co
Vermont &
12*)
155
150
IO.j
35
65
100
i)
to*)
120
10)
70
:ot
M2
220
FortScctt*
205
120
143
rb
Ti)
! 50
(25
M7
95
80
130
WO
70
1.
110
5
1
Pull
i
i
•♦w
Amount.
Period
25
20
2,000,000
1,200,000
Var.
Var.
\.&0.
F. <£ A.
1. A J
1. & J
t.& 8
F. fe A
Brooklyn Gas Light Co
Citizens’Ga3 Co <Bk,lvn)
.
bonds...
do "
fl irlem
1.C00
50
20
Jersey City & Hoboken
M tiihattan
•.
He etronoiltan
do
bonds
•
Mat uni, N. \
do
1,000
bonds
25
Va
100
10
Nassau, Brooklyn
do
scrip....
.
New York
People’** (Brooklyn)
1,000
Bond?
Bonds
Var.
50
50
Qmtral ot New York
Williamsburg
do
100
100
Municipal
do
2,500,000
1,000,000
.
5,000.000 Quur.
1,000 00(1 F.& A.
1,000.000 Var
700,000
4,000,000
1,000,000
37 ,000
125,000
466,000
1,000,000
U.&N.
d.&N.
f. A J
MAN.
Var.
F.& A.
Quar.
bonds
100
Fulton Municipal
ft;
18W8
7
3
7
’78
Feb.
3
125
60
!05
li,y
90
93
165
2l5
1. 5
(0
^0
104
72
101
105
35
105
W2
70
70
104
72
180
110
70
105
*ol
77
.
1^ Got
8 >8
1882
3
iSept
.
.
.
10 '
M
3^ Nov.,
4
Nov., ’81
’76
3^
7
1SW7
iwoo &c
0
3
July,
"•*
O t..
5
’80
’81
twoo
July, ’81
08
98
104
33
163
WO
' 0
65
101
68
’81 17«H
105
03
I’Ct.
6
.
...
Ceatrai
100
1,000
1st mortgage
Broadway & Seventh Av.—St’k
1st mortgage
1,000
10
Brooklyn City—Stock
1st mortgage
100
1,000
;
Broadway (Brooklyn)—Stock
Brooklyn Crusstown.—St’k...
..
100
100
1,000
1st mortgage bonds
100
100
Bushwick Av. (B’klyn)—Stock.
Central Pk. N. & E. uiv.—Stock
Consolidated mort. bonds
1,000
Christopher & Tenth St.—Stock
100
1,000
Bonds
100
Dry Dock E.B.& Batt’ry—Stock
300&C
1st mortgage, consolidated ..
*
100
Eighth Avenue—Stock
1,000
lBt mortgage
42d 8t. & Grand St. Ferry—St’k
1st mortgage
....
Central Croes Town—Stock
1st mortgage
Houst.We8t 6t.& Pav.F’y—St’k
1st mortgage
Second Avenue—Stock
8d mortgage
Consol, convertible
Extension.....
Sixth Avenue—Stock
1st mortgage
Third Avenue—Stock
1st mortgage
Twenty-third Street—Stock.
1st mortgage
*
This
ooiumn
..
100
1,000
100
1,000
100
500
100
0W 4,000
2,100,000
1,500,000
2,000,000
300,000
200,000
400,000
J. <fc J.
Q-J.
J.& D.
Q-F.
M.&N.
Q-I.
A.&O.
300,(XX) .1. A J
500,000 J. & J.
1,800,000
1,200,000
050,01 0
250,000
1,200.000
900,000
Q-JJ. & D.
F.& A
J. & J.
Q F
•LAD.
1,000,000 Q-J.
203,000
748,000
236,000
600,000
200,00)
250,000
500,000
J. & J.
vl.&N.
A.&O.
*
t
.
.
M.&N.
'
j; &.1.
1,199,500 J.&J.
1,000
150,000 A.m O.
1.000
OO-fcc
100
1,050,000 M.&N
200,000 \1. & 8.
1,000
750,000 M.&N.
500,000 P. & J.
100
2,000,000 Q-F.
,000,000 J. & J.
l,OD0
100
1.000
600,000 F. & A.
250,000 M.& N
anna.
do
do
do
do
do
72'/,
11U
f
f
-
-
«
^
,
amden &
pref.
qo
Atlantic—
pref
do
.
1(8'.
7
Morris, boat loan, reg.,
24
Broad Top...
40
i5
72
15
2i
.....
50
Williamsport....
0b
pref..
Mt. Joy & Lancaster,
ar.
P.
uutingdon &
do
do
pref.
Schuylkill
18
55
orristown
0i^!
d
do
>
61 J;
50
02
cto
do
do
do
Pennsylvania
..
59
63
5'k,
,
b3 >6
nlted N. J.
Companies
consol, pref....
CANAL STOCKS,
ahigh Navigation..•
eansylvania
Western
ihaylkill Navigation..^.
43Ji
..
pref...
-do
RAILROAD BONDS,
llegheny
Voi.,7 3-108,1896...
•
-
*
In default.
11$4
190
180
124
Parkerab’g Br..50
Central..
J50
Maryland..... ... .50
'fiX
5Ly*i
10M
Central Ohio
(Q
Pittsourg * OonneR8vtlle..5i
RAILROAD BONDS.
Balt. & Ohio 6s, 1885, A.&O. .
.
N. W. Va. 3d m.,guar.,’85,J«ftJ
Plttsb.& Conneir8V.7s.*98,J.
Northern Central 6s. ’86, J&J
do
6s. 1900. A.AO.
do 6a, gld, 1900, JJtJ. 114
13X Cen. Ohio 6a, 1st m.,’90jM.& 8. u>7*
W.Md.«a,ts>tm.,gr ’90,J.&J.
do
1st m.t 1890, J. & J...
UO
100
103
107
;
il3
,
117
2d m.,guar., J.A J.
do
! lfi»
2d ra.,pref.....
do
do 2d m.^jr. by W.Co
! 10
id m.a
m., ffUfir*!
do 68, 3d
guar., «/•«
J.& J. 120
Mar. & Cln. 7s, *92, F. «fc A
do
2d, M.A N ....... 93
do
Ss, 3d, J. * J......
-
100!^
t Per shore
HO
185
124
125
54
is,
do
E. ext., 1910
do
inc.7a, end., *94
iDela. iat m.,6s49G2.
2d in. Ss. ’8->..
j
do
3dm. 6a, *87..
ideo * Am c - vo,voap,’3i
do
Ls, e>
do
mort. 6s.’Si
i. <VAtl. 1st m. 7a, g.t 1^93
dq 2*1 m. cur. 7s, >r7 *..
i. <fe BurlingLm Qo. 6s,’97.
115W
0s, 1900, Q —J
6s. 1902, J. & J
5h, 19i6, new
do
ro;tJersey* Atlantic
...
6s,oxemptf’iSJ)I.&S
Northern
■
rest Chester
lest .lersev
,191 ’.
.
S "H2'J
134
1(0
120
Norfolk water, 8s
RAILROAD STOCKS. Par.
200
100
Balt.& Ohio....
100 13.7
o
1st prif
IMH
do
2d pref
do
"Wash. Branch.UK)
pref
ennsylvaula
hiladelphla & Erie
ulladeiphla* Read ng
hiladelphia & Trenton
titla.Wlhnlng. & Baltimore.
paul& DmuthR.R. Com
do
do pref.
K6
ICO
1885.. i co
Ba'timore 6s. iSSJ, quarterly
do
6s, 1886, J.® J
do
6s, 1890, quarterly...
do
6s, park, 1890, Q.—M.
do
6s, 1893, M.&S
57
corn....
108
Pennsylvania 6e,co’AF., ’.910.. 110*3
icbuylk. Nav.lst mj>s.rg.,*97. PU
do
2d m. 6s. reg., 1907
IIALTinoiIE.
105
10594
Maryland 6s, defense, J.& J...
ao
6s, exempt, lb87. ....
do
6e, 1890, quarterly..
do
5s, quarterly
100)4
*
orfo k & Western,
orih
53k
ei«
esquehonlng Valley
n
*‘*
reg.,’8-1 110^
do
do cone. m.7s, rg
21k
40
Pennsylvania.....
.
mort. RK., rg ,’9'. 112
mort. gold,’97— 1L5
do
13
54
lmira*
do
0i
6s, deb,,coup.,’*
Lehigh Navlga. m.,«s,
pref........
do
do
now pref
120
elaware * Bound Brook....
ast
*60
do
let in. 6s, cp., 96.
1st m. 7s, *99.„...
do
do
cone. 0a, 190) ...'.
W. Jer ey & Ati.l-tm 0a, cp^.
Western Penn. RR. 6a,cp.*iic
do
6s P. B.,*96.
CANAL BONDS,
dies. & Del.. 1st m., 6a, 188)
23K
atawissa
....
of maturity ot bonds
West Jersey
do
do
do
to
yra.Gen.& i cm*/Am,7s,1W5
........
-
68,n..rg., prior to Uf4s, variou.-*
railroad (*TOCK.s4
llecheny Va lcy
uffalo Pitta. & Western....
isos,
iis
Texas & Pac. 1st in.,fie, g..1905
.do
it o G ande D v.
do
cons. m.,6sj?.,19U5
do
lnc.& 1. gr ,7a 1915 l
Union & Titusv. 1st iu. 7s, ’9t
(Jolted N. J. conh. m. 6s, 94.
iii
Warren & F. 1st m.7s, ’96
West Chester cons. 7s, ’91
luU
5a,new,reg.,lay2-l9t.2
hilttdeipbla,5s reg.
100
(O
2d m.0J. 9H..1
Sunbury & Erie 1st m.7s. ’97.
P^f
reg.,It*-£2.
05X
119
PItts.Cin.&St. L. 7s, con.. 160(do
do
7s. reg., 19’•
R’ch.& Danv.cotH.lnt.fis, 19 5
Shaiuokm V.& Pott.sv.7s, 1901
Steuhouv. & Ind. tat, 6s, 1884.
Stony Creek 1st in. 7s 1907...
Suab. Hnz. & W..lst, in.,5s.’2J
5s, g’d, ,I}t^r<’®;vorcP5s, reg., I’83-13:8. .... 117
66,10-15,
&
104
...
PhllArit.Coal&lr’n dnb.7e,A*
deb. 7b. eps-Oil
do
do raort., 7s, 1892-3
Phlla. Wilm.A Bait.6s,’84....
24
125
6s. 15-25, reg., '«k2-’9*2.
4% reg., 1H24-10O4
19-0
7s, R. O., !893*
7s, coup, off, ’99
do
84
inehlll
23 V* 20
.inly.
7
115
.riv.iwoo 113
2
135
Oct., •c*l 130
7
June ’84 103^ 100
203
3W N ov., ’81 198
110
7
Nov., ’8 • 102
100
3
Oct.. *81 150
2
Oct.. ’SI 100
1888
7
102,4; 105
July. •31 110
•
’31
las
130
2
>01.,
no
7
Die. 1902 118
a* Aug ’81 92
W7i*
no
7
100
1093
230
4
Nov., *81 220
7
110
June, ’93 114
3
oct., ’81 185
1 10
7
Jan.. ’8! 100
210
6
Nov., ’81 4 00
no
115
7
Apr., ’93
00
70
L IQ
7
NOV.190J 105
00
•1 uly. *94 i05
no
7
81
125
13)
2M July,
*85
1*
3
7
Apr ,
7
iio
»ct., *80 K8
128
7
Sept. ’83 125
270
5
Oet. •81 205
.1 uly* ’00 no
7
llj
5
Nov-, *81 190
115
7
July, *90111)
155
4
.”01 150
(Aug
*93
lt'5
7
ll!2
1 *lliV.
shows last dividend oa stocks, hut the date
..
co p,
HOB.
1(1
conv.
do
CITY BONDS,
STATE AND
lttle
*
Bleecker St. & Fult. Ferry—St’k
..
preferred
ehigh Valley
[Quotations by H. L. Grant, Broker, 145 Broadway.]
900,000 J. & J.
..
4X9....
do
coaa.mort.6s.'920
jo
do
5s%’9?0
Phlla. Newt*n & N.Y.. let m.
pniL«fe R. 1st m.6s,ex.due i» 0
do
do
U’10t
do
2d in.. 7a, cp. °3.
do
cona. m..78,cp., I9il
do con«.m.6 *,g.iECl9ll
do lmp.m.,6:,g., C. 1Hu7
do gon. m 6 .. g..C.U0
do Ja. m.,7s.toui>,, i-Od
do d b. ooun , t 98’.,..
I o
do
o up. oil, ItOJ
do fcrlp, lbiu
PHILADELPHIA.
Ask.
57
(uly, ’31 155
5
Aug., M 213
7*2 Aug. *81 )5 '
3,000.000
750.000 M. &N.
l 50 >,000|
t-f
Nov., *81 U22
5
0
.
*
145
do
do
Perki^mon »st m.68,o >ui>.,’8.
Phll.Wilm &Ba € ,4a,Tr.O0ris
Phlla. & Erie 2d hi. 7s, cp.,^
—
Beach & Lynn
eve re
Wiscon-ln
Bid.
2^ Aug., *80
A.-fc O.
1,000,000 \i. &N.
1,000 1,000,00<»
bonds
Metropolitan, Brooklyn...
<t
50
100
500
100
315,000
1,850 000
750,000
4,000,000
Date.
142
24
94
,6s. reg
to
Vo mout * Aiaasacuusetts..
■\V ,rcester‘* -Nashua
Broker, 17 Wall Street. ]
Par.
22
33
common.
Palace Car.
an
Rutland,
.
.
23k
IowaFHH & Sioux tl y
634
Liti.e cocks Fortomith ..
Manchester & Lawrence....
Mar IIo igh. A O t
...
Mar. Ho jgh. & O .t.. pref...
Nansuft* cowell
..
New York & New England...
Northern of N. Hampshire...
Norwich & Worceste’
Ogdensn. A L.Champlain ...
do
pief.. 120
Old Colony
Portland Saco & Portainoutl. iVs
120
115
60
.
Gulf, pr^f..
do
151
'viu
.
Eastern (New Hampshire)...
Fitchburg
Flint & Peru Marq
do
pref
70
.
x
Connecticut River
Conn. A Pnos>umnatc
•
onnitton Valley...
Eastern (Mass.>
I5J
115
TO
130
115
200
Providence
* W. Michigan
Sandusky * Ciev
Concord
hi
Cm.
t
.5)
W0
125
12i
100
60
Penn. Co
do
••
preferred
Cheshire
tnU
....
1908 ....
123
Penn8ylv.»gen. m. 6s, op.. 19:0
do
gen. m. 6a, rg,, 1910.
cons. in. 6^, rg., 1905do
do
coua.m. «s, cp^ 1905.
5i...,
do
co
|ltw
Lowel*
Matue
Boston &
Boston &
Boston &
7J8X
do
137^ 13=1
xilAt,
103^
Atchison & Topeka
Boston & Albany
70
240
k3
80
Pa.& N.Y.C. & RK. 7s,'894
Mass. RE..6s
Canada, new 8s..
STOCKS.
118
95
110
145
0
117
Ti-H
105
110
111
S7
100
isb’
Little Pchuylklll, 1st in. 7«,»82
N. O. P.;c.. lit m..0H, 1020 ..
North. Penn. 1st in.6s, cp.,*85.
do
2<1 m. 7s,op., *96.
do gen. m. 7s, cp., 1903.
do gen. m. 7s, reg., 190^
do new loan is, rog
.
Oil Creek 1st in. 7a,coup.,*»2.
Pittsb. Tltusv. St B., 7s, op.,*96
do
°
Scrip
—
co
Gas CoitPAKiKs.
03*
Valley, 7s
Rutland 6s,1st mort
Vermont*
121
•
do
do reg., 189C.P
do 2>l m. 7a, reg., 1910..
do
con. in.,6«,rg„l923
do
do
6«,< p.JiLS
....
..
Old Colony, 7s
Old Colony,0s.
Pueblo & Ark.
•
City itailroad Stocks and lioudsu
[Gas Quotations oy oeorge H. Prentiss,
104
87k
Lehigh Valley, lst,6s,cp., 189S,
lstfi.
.
.
5s, perp
Entt in A Amhoy, 5i
Manlsbui g iht lilor*. 6s,’KC. i .04
H. & B. T. 1st m. 7p. gold. *90.
SO
cons. m. Bs, I8'i5 ...
»o
It,hacaA Athens 1st g d. 78.,’SU
Junction 1st mort. 6*?, ’82
do
2d inort. 6s, 19.J0 ... -
So. Pac. 7s...
Lake (Jh.6*
Inc
New Mexico &
>guea8Uurg &
210
60
118
80
70
14 >
25
10
50
..
103
M'ss., a^8, new. ..
iHtchbiig RU.,«s
do
7a
Fort Scott & Gulf 7fl
HO*
Hartford & Erie 7s
72*
K. Cttv Lawrence & 80. 4?...
Kum. City. st. Jo.&O. tt.is. .
Little Ifk A Ft.. Smith,78,1st
Mexican Coatra', 7e
105
New York A New Eug. 6-*....
14*
do
<s ...
-f
-
0o
L2
Ra^'minttu-., «».,
W’msport, let in.,7s,’SO. ii'J
do
^asxoi n,
-00
Ask.
.
EJ.&
Ts..
Bur). & Qul .cy 4»...
,v
Cv nut tt d n
125
125
170
25
25
100
20
50
50
60
100
25
50
100
100
25
People’s
123
100
155
1
Albany
„i,ii.
120
3-0
50
Maine 7s
>oaton <e
Chicago
>5
123
;Wl
105
125
290
0»
K0
160
35
100
100
100
..
Boston &
250
120
37>£ 115
National
New York Equitable
New York Fire ..
New York & Boston.
New York ».ity ...
Niagara
North River
Pacific
Park
Peter Cooper
40
Can ami
Germania
Globe
••••
••
lucerne..
)I5
170
12'
WO
1(0
120
wo
108
15
185
Pa.
6s
do
Boston & Lowell 7s
d >
6s.
boston & Providence 7*
iurl. & Mo., laud grant 7a.. .
do
Nebr.te
Ex
do
N**br. 6s
do
Nebr.is ... —
205
100
2: 0
,
o
.
BUJ.
8K0CEITIK8.
Connecting 6s, 1900-1 i»04
C'hurtlers Val., 1st m.7s.C.,l90
OelrtWiti e mort.. 6s, vartous..
Del.
Bound Br., 1st. 7a. 190' 120
East Penn. 1st mort. 7e,’88
lin'1 Inc. 3s..
Atlantic & Facift
00
113
l.T>
55
50
17
10
100
100
60
50
25
100
15
50
50
100
50
50
100
30
20
40
50
100
25
50
25
100
100
25
50
50
50
50
50
Firemen’s
Firemen’s Trust
Franklin & Emp ....
German-American..
—
’VO
30
Karragut
100
Manhattan*
Martne
Market
Mechanics’
Mechanics’ Assoc’n.
Mechanics’ & Tr’drs’
Mercantile
Merchants’
Merchants’ Exch’go
25
17
20
70
100
30
50
100
40
100
Brooklyn
Citizens’
City
50
CO
Irving
*
Island City*
Leather Manui*tra*.
25
Bowery
100
100
Hanover
100
Broadway
Ask.
iro
108
200
180
10i
155
50
American
American Exchange
LOU
America*
Am. Exchange
Bid.
—
Baltimore.
Catawiasa lsr,7s, conv.,’s2..
do
chat, in., 10s,
«
new 7s 1900.
o
BOSTON.
Tcpeka lBt tn.Te
land grant7t
Vtch. &
do
-in
Bid.' Ask.
Ask.
Broker,
Par.
Par.
are
BUI
SECURITIES.
PRIC15.
Prick.
COMPANIHW.
[VoL. XXXIIL
‘
40)4]
Union RR. 1st, guar., J. * J..
do
O ioon endorsed.
Consolidated Gee
Do
bonds
iie
1?5
10Q
110
116
109
Ilf
November
Railroad
tals from
New York City Banks.—The following statement shows the
York City
Citv for
condition of the Associated Banks of New
New York
for the
week
of all railroads from which
can be obtained. The columns under the heading
to latest date” furnish the gross earnings from Jan.
returns
“Jan.l
reported—> r-Jan. 1 to latest date.
1880.
1881.
1881.
1880.
$622,361 $521,906
-Latest earnings
Week or Mo.
#30.809 $67,649
it/Si Toi>. &S. Fe .Septcnib’r. 1.147,000
800,730
JJ?, ioiuo
soptemb'r. 1,640,002 1,593.313
216,293
213,973
tt&N.Y.Alr-L.Sei»hmb'r* 28.2-9 23,723 1,913,239
1.756,221
KftO.cfcNo. .2d wk Nov*.
43,903
43,787 356.155 318.157
9,688 11,494 4 14,532 33 1,054
fkfroA St. Lonis.lstwk Nov
^roliuftPacitlc...October
54,310 57,839
Central Soptemb’r.
...2,514,000 2,120,229 19,684,791 16,403,421
i£ A Ohio,. ...October... 237,303
211.820
2,263,522 2,215,505
198.378
192.894 6.570,910 6,798,462
Southern. October...
m
SS&foft Alton .2(1 wk Nov. 193,37 l 1,862.285
Ch C Burl. A Q..-.Soptomb'r.2,262.98
14
33,611
CM & East III.. 1st wk Nov
aic.AG.Trk.Wk.end.Nov.12
Chic Mil. A St. P.3d wk Nov.
S a Northw..2d wk Nov.
Ohio. 8tL & N-0-Auffii8t_...
CM SUP. Min AO..3d wk Nov.
CQilo.A W. Mich..Soptemb’r.
Cin.Ind.St. L.&C.October...
dn.A Spring. ..2d wk Oct.
Olev.Col.Cin. A 1.2d wk Oct.
Ciev Mt.V. & Dcl.2d wk Nov.
Col.«sHock.V.,&c.2d wk Nov.
3d wk Nov.
DeflM.AFt.Dodire.2d wk Nov.
Deu tans. & No ..October ...
DubuqueAS.City.2dwk Nov.
BafltTenn.V'. A G.2 wks Nov.
Flint A Pere Mar.2d wk Nov.
Qal.Har.-ft San A.Soptemb’r.
Or’t Western. Wk.end Nov. 11
GPn Bay A Minn. 1st wkOot.
Gull Col. AS Fe.October...
Hannibal A St. Jo.2dwk Nov.
Denver
A Rio Gr
Houflt.E.AW.Tcx. October...
F.nuflt. A Texas
C. 3d wk Sept
IllinoisCen. (Ill.).October...
Do
(Iowa) October...
{Indiana Bl. A W.2d wk Nov.
Ind. Dec. A Sp.. .October...
lnt.AGU North..2d wk Nov.
Iowa Central
October...
Lake Erie A »Vest.4tli wkOot.
Louisa. A Mo. R..July—....
Louisv A Nasliv 2dwk Nov.
Marq. H. A
Ont’n.Soptemb’r.
Memo. A Chari... 2d
wk Nov.
Men:?. Pad. A No. 1st wk Nov
Mil.L. SI). A West.3d wk Nov.
Minn. A bt. Louis.3 wks Oot.
fMo. Kaii8.ATex.2d wk.Nov.
Missouri Pacific .2dwk Nov.
October...
Naflbv.Ch.ASt.Ii.October...
Mobile A Ohio
36,21
38,858
37,259
257,700
'
15,423,831 15,129,854
336,592 14,703,000 11,254.919
433,800 18,874,297 16,940,935
224,737 2,369,223 2,070,425
79,129 3.435,396 2,704.417
360,000
448.800
75,476
96,177
212,606
24.838
93,628
8,949
81,780
239,881
1,909,488
2,004,917
26,277
759.648
734.343
99,419
3,496,789
365,159
3,482.039
373,839
7,928
55.279
46,279
132.605
10,093
129,369
80,977
7,529
116,602
30,331
138.213
35,268
147,785
110,270
8.371
26.697
141.731
39,640
147.785
102.035
8,718
127,420
987.750
954,114
89,260
204,232
130,682
252,921
.
Broadway
Mercantile
Pacitlo
*
tiepubbe
North America..
Hanover
Metropolitan
4*25*3*86
2,321,030
1,570,995
85.0-13
40,537
232,400
101.079
37,083
1,153,584
2 49,231
931 ‘,9*16
9,630,689
8,036,675
1,033,3*46
943.05*7
5.273
204.109
178.159
10,694
60,799
154.871
526.760
354,289
942,414
61 5.901
6.798,471
5,781,15 4
1.871,764
5,175.175
4.665.077
1.73 l,b8l
1.091.349
235,910
404.093
4.030.250
3,534.104
3,361.556
2,218.279
70.192
379.502
3.530 235
2,856.129
442,390
327.993
472.800
36,552.212 34.137.327
592,967
372,330
Philadel. A Erie. .Septemb’r.
276,522 322.737 2,595,067 2,753,766
Phlla. A Reading.October ...1,989.948 1,746,299
23,505
8UL.A1UAT.H, ,.2dwkNov.
23,900 1,229.853 1,216,813
Do
16,150
(brelis) .2d wk Nov.
17,066 : 612,422
606,217
Bt.LIronMUAS.2dwk Nov. 158,842
147,479 6.242,908 5,271.562
BUL.<t8au Fran.3d wk Nov.
66,700
63,600 2,785,389 2,337.0i»4
8UP.Minu.A.Vlan.3d wk Nov. 177,700
115,200 4,277,665 2,322.102
Bcioto Valley
2dwkNov.
374.S65
10,973
• C.439
275,941
South Carolina. ..August....
81,183
717,712
G45,305
75,525
Texan A Pacific.. 2d wk Nov.
81,782
69,39-5 3,353,744 2,258,827
05;, ,000
28.000
)
3.u^0,8Jv)
135.000
J
8 )0, ou
800.IKK)
8, i <iO.OOO
01.000
157.700
303. iOO
424,100
3il.UK>
500,800
93.-00
65.000
122.000
163.100
•
13,857.201
98.500
2ld.*.00
9l3,0();l
2, 5 600
251,00.1
284.900
02,400
127,20 1
300.200
281,100
2,671 ,(>0t
53W.00O
500,000
7
40I,7jv*
500,000
500,000
1,000,000
1,000,0 ;0
147.90 »
800. loO
2O0.00O
1.50S.2OO
30..IOO
300.000
400,000
805,"0o
3,351.0)0
5,633.6 )0
11.10044 >0
5,914.300
200,000
750,000
300,000
100,000
20 >,000
200,000
600,000
270.0JO
300.400
112 3-)0
1,451,3 10
1,442,600
438.a FI
3S.L0C
115.600
175.000
452.231-
409 5 )0
34.8 v
1.0(5,000
368.3 )0
30,500
«2,5=K
140, <0
2 >o a »u
156.50 i
13 >.U0V
108.100
4.082.10i
1.886,500
■
1,336,200
Ss.4 M)
03^. 100
l .3 >3,800
4,609,10>>
8,233.9(4
1.66.8.8(H)
1.523.900
701,166
>2.73vl00
3,0)3 700
731,700
2, >9.8.7oo
l .455.400
7i7.900
251,;oo
1,061.000
L4.U00
2,600
j
....
471.400
83.106
45,000
1.004.800
897.400
798 506
3.908,000
5.M23.O00
2.6.9 200
2.970,700
-
•
.
-
•
1,119.000
3.436.700
1.634.400
2.73 »,3u0
<6,000
7.334,100
7=9.808
5,400
447,000
2,74U.i>00
11.251,000
2,2.0,1)00
966.008
2.298.300
2.61 !,6(H>
8,900
450.000
443.700
450,900
4.600
7633200
2,678.O0f,
2. (OS 3ot
3.187.000
8.321.9,00
6.837.900
1.94 7. COO
8.08 i.Oin*
17.105.9,10
3,307. iO ’
i.ii l.a.xi
221,t:0O
1,667,900
1,7.83,30 >
2,4 0,500
250,000
1,100
437,800
1.308.000
45.400
18.376.?< if
7.7 4.00u
267,000
21 268,3,;o
20.011, T()C
729.6iF-
4,733,) >00
184,900
100.000
3 555.000
314,000
511. *00
36C.000
0.843.000
4.00S.800
6. ltd). 30)
3.211.00<
187.300
807.900
ii5,UOo
151.70C
XI3.'(K>
5 488 300
Park
500,000
Mech. Bkg. Ass’n
240,000
North Liver
250,000
East River
Fourth National. 3,200,000
2,000,000
Central Nat
300,000
Seoond Nation’].,
750,00U
Ninth National..
500,000
First National..
Third National.. 1,000,000
300,000
N. Y. Nat. Exch..
1.000
100.000
229,0(10
712,300
4 )3,500
4,386.201
1,500,000
2,000,000
Germania
rJ. S. Nat
4,3.100
170,800
821.400
lr8.800
2 8.800
317,900
8 ry.ooo
1,000,000
Germ’n Americ’11
Chase National..
Fifth Avenue...
German Exch. ..
4 jO.O(K)
482,400
2,735,000
3,000.000
Bowery National
N. York County..
62.100
111,100
550,200
18 ).0(H)
280,000
*
495,000
7.755,000
6.34 >,000
0.. >00,100
964.100
1.951 500
973 300
3.6 '2.4>K)
4 >,444.000
7 884,500
123.4(H)
812,7*0
2,805.000
2.118,600
817,200
1,005,300
874, JOO
)
1,000,000
.
Importers’ A Tr..
45.000
1,113.900
45,000
1,0 40,500
•
•
•
,
223 200
SL'4.000
1,266.CUO
70000
coi.noo
85 '.OOL)
7.132.0(H)
3 641.000
5,746, Sihi
15 3L4.10-I
6.22 ■‘.5(H)
!. 154.' 100
l.48 (.000
441.350
260.700
22 i.OOO
180,600
1.862,900
2. L'4 2 fO
4 519 60
1 993 8 0
1.518.4 >0
1 57*.1 •(■
91,600
t
t
r
f * -r
447.7-HI
4,852,300
59.949,70 l 15.276.0 k, 2)if0S3.5O> 19.003,400
Specie
Leinl tenders
The
Inc.
Dec.
Inc. #2.053,500 1 Net deposits
83 ».20o I Circulation
>5ec.
Inc.
473,000 i
discounts
following are the totals for a
L. Teniers.
Specie.
Loans.
1881
t
Nov. '5....31S.350.000
12. ...313,!2 5.3J3
60.913,530
60,7S3,i:)!)
5 .'.919.730
L9....315,1">2.3JJ
series
of weeks past:
Deposits. OiSJiUiLboa. Ayu Clear
$
$
$
S
10M.8SJ.159
15,211,830 232,032,5>3
14.85 l.t)>0 2 >J,67i.3>3 2),t)l3.1)) 795 611.253
15,273,033 291,033,330 19,932.433 833.319,707
B.mks.—The following are the
weeks past:
totals of the Boston
banks for a series of
*
*
*
3.7 19,100
7,105,3)0
151,781.200
Circulation. Ago. Clear
Deposits.*
*
L. Tenders.
Spec4?.
*
Loam.
1881.
Nov. 7..
“
14..
“
21..
3130 5,600
3L.S3 i.l >)
82,9 70,40J
ill,570,400
3.731.603 9 ,9 5 *,333
153,134,033
3.031,403 97,505,700
Including the item “ due to other banks.”
154,233. >03
-
6.303.3)1)
6,5ai,l>0
91.915.619
81,05 3.835
85,781,93(1
totals of the Philadelphia banks
Philadelphia Bankg.—The
follows:
are as
L. Teniers.
Loans.
follows :
*41 1,200
8U.700
of previous week are as
The deviations from returns
Loans and
Boston
...
iU8 700
1,4 >0.000
)
146.000
20000
443000
2 6.500
600,000
Nassau
Market
St. Nicholas
Shoe A Leather..
Corn Exchange..
64.943
105.735
4,038.046
1,820,551
)
)
700,000
Citiiens’
44,424
500.747
....
187,500
7(4,100
413,0(MO-^yoUH)
608.3IK)
500,000
Irving
3* *>2!6*4*5
3,332,461
1,073,402
1,370.000
tion.
*
«
210,000
3J0.W0U
5,000,000
1,000,000
1,000,000
450,000
1,448,658
1,606.874 13,557,369 12,278,914
48.979
1,011,500
>
1
600,000
300,000
800,000
5,000,000
200,000
1,524,289
1,750.070
J
200,000
200,000
People’s
81.74L
2,230.371
5,399,275
264,713
178.266
)
;
)
1,000,000
1,000,000
300,000
Chatham
125.400
2,554,922
5.561.264
2 48.1 32
3,000,000
1,000,000
1,000,000
1,000.000
000,000
300,000
Tenders.
*
1.8S8.000
1,00-.400
>
2,000,000
2,050,000
2,000,000
2,000,000
1,200,000
Net dept’s
1
other
than (J. S.
Leoal
Specie.
422,700
1,500,000
2,171,197
40,494
56,081
Pennsylvania ....October ...3,G72.971 3.8S2.714
PeoriaDcc. A Ev.2d wk Nov.
12,205
8,767
Pad. AElizabetht.October
Greenwich....
Leather Man’f’rtSeventh Warl...
State of N. York.
American Exch..
Commeroo
1,947,982
108.567
172.121
Meroh’nts’ Exch.
Gallatin Nation’!
Butchers’ADrov.
Mechanics’ A Tr.
4,429*467
1,601,294
37,785
87.913
39.822
.41,279
244,440
134.742
35.154
5,796
14.625
Tradesmen's
Pulton
Chemical
4,5 is,4*3 2
8,555
96,163
688,110
192,101
39.659
47.005
75 351
270,552
City
Marine
51,294
8S.336
655,867
174,458
2,99*6*359
...
1,361,927
'
18.861
5,395.59 i
347,956
Sew York
Manhattan Co...
Merchants
Mechanics’.
Union
America
Phoenix.
Continental
Oriental
73,568
48,294
N.Y. L. Erie A .W. August.... 1,772.895
N.Y, A N. Engl’d.’id wk Nov.
56,932
N. Y. Pa. A omo..Septenib’r. 426,360
Norfolk A West.. .October...
241,073
Northern Central. Soptem l »’r.
429,565
Northern Pacific .2d wk Nov.
94,984
Ohio Central
October ...
81.631
Ohio Southern
2d wk Nov.
6.836
Oret,r’n R. Nav.Co.October...
Average amount, of
Capital.
Banks,
period mentioned in the second
column*
,in
of business on Nov. 19.
ending at the commencement
the gross earnings
including, the
an.1
585
CHRONICLE.
Earnings.—The latest railroad earnings and the
**an* 1
dates are.driven below. The state¬
ment includes
1 to,
THE
26,1881.]
Deposits.
Oircol'ition. Aji. Clear
*****
17.S51.Ul
Nov. 7
73/05.810
63.423340 ll.OS2.795 51.704.208
14
73,552.039
17.33L.493
63,3>2.’)«J
1L. 113.815 48 414.755
21
05,.)9J,J54
75,305,537
17,259,135
11,125.5)3 07.939.494
ToL Delp. A Burl. 2d wk Nov.
17,279
Unlisted Steoks and S>onls.—The following are the re¬
Union Pacific....2 wks Nov. 1,295,36 4 1,074,733 23,706.533 20,402,295
Wab.St.JL A Pac.2d wk Nov. 366,4L6
321,574 12,522,250 10,885,389 ported quotations for securities that are not4*listed” at the
1881.
•»
Stock Exchange:
*
5 per cent basis iu
1880.
t Including Ohio Division.
1881; 6 per cent in
I Including leaded lines.
U. 8.
Sub-Treasury.—The following table shows
payments at the Sub-Treasury in this city, as
ilaaoes in the same, for each day of the past week:
ad
the receipts
well as the
...
Balances.
Payments.
Receipts.
$
1,7^3,455 31
21..
1,353,268 20
22.. *6,223.493 49
23..
702,092 46
“
*
"
M
M
$
$
Nov. 19..
Total...
*6,144,955 27
865,487 56
84.466,266 57
9,144,322 94
10,870,313 22
on
84,646,781 99
in
728,259 2 3
883,003 76
receipts ana payments
the books to auotlier.
in
account
83.985,595 41
84,577,763 58
557.909 09
847.741 7 4
.24..
25..
O-urrency.
Coin.
or
$
4,453.613
4,367,001
4,376,531
4,393,651
.
4,367,270 71
3 90
JPanh
Doubloons. 15 55
«ex. Doubloons.. 15 55
3 86
® 4 77
'cb
was transrerrea irom
® 3 97
Yv 15 70
®15 60
1 1214 a 1 12%
£/ne gold bars
L»au y«
-a -% prein.
par
Dimetj A ig dimes. —
par
me
silver
bars
..
one
Kan. ANob. 1st mort..
Do
2d mort
coins:
par.
92 ® — 95
— 88%^ — 39
— 87
® — 88*3
English silver .... 4 70 ® 4 so
Pens. silv. thalers. — 67*2 $ — 69%
U. 8. trade dollars
—
C- 3. silver dollars
—
•
•
....
•
99%d
997a d
—
99%
par.
Lebanon
•
.
•
m
m
Lehigh A Wilkesbarre
Txxiisv, A N. rights ...
m
m
....
$1 10
$1
.
•
•
•
13 hj
8
70
20
00
29
16
10
Id
71
22
93
stock
1>>
8t Jo. A West, stock . 17
St Jo. A Pitciflo 1st M. 8S
2d mort
Do
....
M
22
Springs 1st
Markland Elec. Light
Mud.RR.of N.J.ass.stk.
Do
A stock
I>o
B 8t(xdc
Mexican Nat subs., ex
Do
bonds, ox...
stock
Do
Mut. Union Tel. aubs..
•
80
84
Koely Motor stoolc
—
8240
....
•
•
Five francs
Mexican dollars..
Do unoommero’l.
.
*16>ft
*18
1)3
83
....
i
Coins.—The following are quotations in gold for various
Silver iis and *33. — 99 %©
$4 83 ®$4 36
Bwepeigna..:
wanoisous...
3 83
$ g Retohinarks. 4 74
52
81
62
94
Dav,.
84,652,392 58
Bid. Ashed.
Asked.
Paolfio
Missouri
Oo. v38
Missouri
Pacific rights
rights l
40
N. J. Southern
Am. Railway linn. Oo.
N.Y. Loan A Imp. Co. 70
Atlantic & Gt. West..
N. O. I’aoifto subs.
Do
pref
4 4)
North Rlvor Const. Oo. 16*4
Amor. Eloc. R. & Pow $)00
N. Y. Ch. A St. L. subs. *14
Dost. H. A K.. newet’k
1%
Oregon Imp. 0». 1st M
Do
old stock
1
4>o
stock
83
Continental Constr.Co. 73
Orego'iTrans., full p’d 77
Central Railway ConOhio C.. s>ib-».t $ >00pil.$22o
....
fitmrt’n Oo. (D.L.W.)
Paoitio R*v Im. Co.,ex.*
Chic. Burl. & Q. rights.
....
Pi Us. A West
Chic. M. A St. P. l ights *3 %
*33
Rich.A Al. 8ubs.$l,200
Cin. & Georgia subs
80
paid
Denv. & R G.aube.new 77
Rooh’rA Pitts’g rig'ts.100
107
Do
unl'd 0(M)»ola,,
....
1,000 So. Carolina RR. stock ....
Edison Eleotrio L. Co.800
Do
2d mort
124
13%
Gr. Bav A Minn, p.t’k..
73
non-inort
Do
18
Grand Rapids A Ind.. 15
Rome
AD.
1st
M.
Selma
r. C. A L.oldSto dc ....
lLa
2d M. stamp
Do
Intern at. Imc. Co. ex. 90
3%
2d M., clean
Do
Iron Steamboat stock. 40
2*g
inoomes
Do
94
1st mort bds. 90
Do
Am. Gable Oonstr.
....
8oranton Ooustruotlon
8>uejr certs
I'exas.St.IjOiits liR.8ub
Texas Painfio sub
Texas A Ool. Imp
U. S. Electrio
Vicksb. Mer’u
*
Premium.
1 Discount.
....
91
94
Light Co. 133
(xmi.st'k. 13
4
3
1%
20
90
85
...»
92
LHE
586
CHRONICLE
Juncstmcuts
[Vol. xxxin.
branches and
divisions, were 61*69 per cent of the whole gross
being 5 30 per cent more than the preceding year
This increase of the comparative working expenses arose
solely
from the unremunerative rates for through traffic
during a
part of the year,
Eight hundred and fifty miles of track of the main stem
revenues,
AND
STATE, CITY AND CORPORATION FINANCES.
“
The Investors’ Supplement contains
complete exhibit of the
Funded Debt of States and Cities and of th°. Stocks and Bonds
of Railroads and other Companies. It U published on the last
Saturday of every other month—viz., February, April, June,
August, October and December, and is furnished without extra
charge to a'l regular subscribers of the Chronicle. Single copies
are sold at $2 per copy.
a
INDEX SINCE OCTOBER SUPPLEMENT.
550
Lake Erie & Western
Allegheny Valley
4t>7
Anier. Dock & Imp. Co
Atoll. Top. & Santa Fe
Arkansas State Bonds
Atlantic At Pacific
528
502
Long Island City Debt
525
407
Atlantic Miss. At Ohio
559
Baltimore Cin. & West. Cent..
Baltimore A Ohio
Boston <fe Albany
Boston Hoesac Tunnel & W...
Boston & N. Y. Air-Lino
Buff. Pittsb. Ac West
467,
California &
Oregon
Capital for New Railroads
526
502
-467
467
559
559
526
*
467
Carolina Central
559
Central Consiruction Co
5*26
Central of New Jersey.... 502, 559
Cent. RR. Ac Bk’g Co. of Ga.... 5 6
Chesapeake & Ohio..467, 517, 553
Chic. Burl. Ac
Q
Chloago & Eastern Ill
468, 55b
Chicago & Northwest
Chicago & Pacific
467, 550
502
Chic. Milw At St. Paul....519, 559
559
Ohio. Portage & Lake Superior 467
526
Cliic. St. Paul Minn Ac Om..
559
Chic. Texas & Mexican
Cin. Ham. & Dayton.
502
Cin. Ind St. L. Ac Ohio....468,
..
501, 502
Cin. N. O. Ac Texas Paeiflo
dev. Col Cin. Ac End
468,
dev. Coshocton & Straitsville.
dev. Mt. Vernon & Col
Columbia Ac Greenville
Confederate Currency
Connecticut Railroads
Connecti ut> Kiver RR
Connecticut Valley
Connecticut Western
519,
46a
5<>2
468
468
468
527
559
502
559
5o9
Balias & Western
527
Danbury As Norwalk
Denver'As Nr.w Orleans
559
Denver Ac Ri
»
468
Grande
519, 559
Eastern (Mass.)
East Tenn. Va As Ga
Evansville R. I. As E istern
Evansv. & Terre Haute..467,
502
Florida Central
527
527
468
468
Manchester Ac Keene
Manhattan Railway.468, 527,
Mar etta As Cincinnati
Massachusetts Central
Memphis As Charleston. ...553,
408
Mexicau Railroads
Hud. River Tunnel Coustr. Co. 560
Ind. Bloom. As Western....468. 527
ANNUAL
469
470, 5j8
V
Y. Central
528
New York Elevated
468,
N. Y. Chic. As St. Louis
N. Y. Lack. Ac West
N. Y. Penn. As Ohio
N. Y. Prov. Ac Boston
N. Y. Ac Tex. Mexican
N. Y. West. Shore Ac Buff
.No. Carolina State Bonds.528,
560
469
560
502
559
491
528
560
Ogflen Mine RR
559
Ohio Ac Miss
Ohio Railway
560
468
5 25
491
Old Colony
Oregon Pacific
Paeiflo Mail
528. 561
Pacific Railroads
Painesv. Ac Youngstown
Pensacola Ac Atlantic
:
Pennsylvania RR
Phi la. Ac Reading
528, 561
4^9
40*?
469
470, 502
Portland Ac Rochester
Robinson Consol. Mining Co.
of Summit County, CoL
470
Rome Waiertown Ac Og...491, 562
Nt. Louis & San Fran
St. Paul As Duluth
St. Paul Minneap. Ac Man
Santa Cruz RR
Seaboard Ac Roanoke
Shore Line
Southern Pacific
528
491
470
49 L
559
559
502, 561
461
528
Texas Ac Pacific
461, 470, 561
Toledo Delphos Ac Burl
470
Union Paeiflo
470, 491
Valley RR. (Va)
562
Vermont Ceutral
562
Virginia State Bonds
562
Wab. St. Louis Ac Pao
Wisconsin Central....
469, 528
year
ending Segotemher 30, 1881.)
Chicago and the Pittsburg divisions,
the Wheeling Pittsburg & Baltimore and the Newark Somerset
& Straitsville railroads, tor the fiscal year, as compared with
follows
:
-1380-81.Gross
-1879-80.Net
Gross
Net
Earnings. Earnings. Earnings. Earnings.
$11,122,259 $1,846,615 $11,229,880 $5,172,980
•
Main stem, Am
Washington Branch
Parkersburg Branch
..
Central Ohio D vision..
Lake Erie Division
Chicago Division
Pittsburg Division
....
....
Wheeling Pittsburg Ac
Baltimore Railroad.
Newark
Somerset Ac
Straitsvillo RR
Total
353,570
712,158
1,006 025
899,791
2,500,548
193,-.33
72,422
228,267
112,373
453,069
1,124,473
1,548,994
2,238,481
1,011,827
53,557
1.094
50,380
8,594
177,304
41,548
224,649
88,259
1.638.661
314,405
246,496
860.160
371.829
1,003,565
311,454
847.221
208,853
566.673
DEBT AND
SINKING FUNDS.
“
On August 1,1881, £200,000 debenrures, which were
given
on the 1st of
August, 1876, payable in five years, with interest
at 5 per cent per annum, semi-annually, matured and were
paid.
Twelve per cent premium was obtained for the gold at the tifne
of the negotiation of these obligations
Daring the period that
gold ranged from 10 to 15 per cent premium the company
issued an aggregate, at different periods, of £1,000,000 of deben¬
tures, payable at three and five years from their respective dates
all of which have matured and have be*-u paid. 'The result to
the company of the negotiations, by thus having obtained the
premium on gold at the periods of their issue, respectively, and
by paying these obligations at par after the resnmpti m of pay¬
ments of specie in the United States, has been a net
gain of
£105,182, being upwards of $500,000.”
*
*
*
The following statement shows the payments made and the
increments in sinking funds during the fiscal year for account
“
of the respective debts.
Increment of city sinking fund
$114,969
Increment of sinking funds for the redemption of the sterling
loans duo in 1895, 1902 and 1910
482,613
Payment on account of the principal of debt to city of Balti¬
for the purchase of its interest in the Pittsburg &
more
Oonnellsville Railroad
40,000
The Pittsburg At Connellsville sinkiug fund
24,122
The Baltimore Ac Ohio Ac Chicago Railroa t C >.h’ sink, fund
42,604
The Wasiimgton City Ac Point Lookout R. R. Co.’s sinkiug fund.
4,915
Total
“
The
$709,224
following shows the aggregate of payments made on
principal, and the investments for sinking funds
account of the
on
account of the debts stated.
On account of the mortgage loan redeemable in 1889
On account of the mortgage loan redeemable in 1-85
On account of the bonds of the Northwestern Virginia Rail¬
road Co. for $500,000, indorsed by the Baltimore Ac Oiiio
Railroad Co., payable in 1835
:
On account of the loan of the. city of Baltimore
On account of the sterling loan red.-cru ible in 13 *5
On account of the sterling loan redeemable in 1992
On account of the sterling loan redeemnolo in 1910
On account of the sterling loan for the B iltimore Ac Ohio
Ac Chicago Companies redeemable in 1927
On account of the purchase of the interest of the city of
Baltimore in the Pittsburg Ac Connellsville R lilroad Co.
On acoount of the sinking fund of the Pittsburg & Connelis.
..
vide Railroad Co
On account of the sinking fund of the Baltimore Washing¬
ton Ac A exandria Branch of the Washington City Ac Point
Lookout Railroad Co
$120,500
790,000
360,000
2,396.220
1,269,779
1,559,121
823,349
163,461
210,000
117,894
33,024
May, 1881.
profit and loss account shows an increase for the past
year of $1,697,038, and the surplus fund, which represents in¬
vested capital derived from net earnings, and which is not rep¬
resented by either stock or bonds, now amounts to $42,258,680.
The needlessly low and unremunerative rates under which
a large amount of traffic has been
transported by the trunk
lines has materially reduced the net results of the past as com¬
pared with those of the preceding years.
The increase in the surplus fund for the year ended 30th
September, 1880, was $2,356,984, while for 188L it has been
$1,697,038, thus showing a comparative decrease of net results,
with a largely increased business, of $659,946.” * * *
“The effect of the extremely low rates injudiciously forced
upon the road has been, in consequence of the very small
amount of stock, to reduce its net earnings from upward of 6
per cent iu 1880, on its surplus fund, of September 30th, 1879,
$38,204,657, after the payment of cash dividends to its share¬
holders, to 4 per cent in 1881, on its surplus fund of September
“
“
30th, 1880, $40,561,642. The result for the fiscal year, under
these adverse circumstances, shows, in excess of the cash divi¬
dends, a net gain and consequent increase of $1,697,038 of that
fund”'
TRAFFIC AND TONNAGE.
$L8,463,877 $7,073,398 $18,317,740 $7,986,970
These figures show an increase in gross
earnings of $146,137,
Mid a decrease in net of $913,572.
“
The aggregate working expenses of the main stem, with all
1879.
“The
»et & Cambria Railroad from January 23,1881; of the
Washing¬
ton Branch and the Parkersburg Branch railroads ; the Central
were as
working and keeping the roads and machi¬
in repair amounted to $6,275,643, being 56’42 per cent
upon the earnings, showing an increase of 249 percent com¬
pared with the previous year, and 5 40 per cent compared with
nery
of
including the Winchester & Potomac, Winchester & Strasburg,
the Strasburg & Harrisonburg, the Metropolitan Branch, and
the Washington City & Point Lookout railroads, and the Somer-
1879-80,
and loss account.
The expenses of
Total
$7,873,351
“Semi-annual dividends of five per cent upon the capital
stock were paid on the 1st of November, 1880, and on the 16th
REPORTS.
The annual report for the year ended September 30 was
submitted at the meeting in Baltimore this week. It shows that
the aggregate earnings and net results of the main stem,
Ohio, the Lake Erie, the
on the Central Ohio division
for the year under the
agreement was $123,841, which has been charged to the profit
491
Baltimore & Ohio.
(For the
It is shown that the earnings of the main stem and branches
only in comparison with the fiscal year 1880 have decreased
$107,621, and the working expenses have increased $218,743
making a comparative decrease in the net profits of $326,364*
461
Railroads in Massachusetts... 561
Richmond Ac I)anv
461, 491
Texas-Mexican
468
559
560
Minnesota State Bonds
469, 502
Missouri Kansas Ac Texas
470
Missouri Pacific
502, 560
Galv. Harris!). As Sun An
Hanover Brauoh
Housatonic
560
469
469
468, 502, 560
Minneap. As St. Louis
'f’eliuantepee RR
Hannibal As St. Joseph...470, 559
553
560
468
519
468
Flushing As North Side (L. I.).. 488
528
Galv. Houst. As Heud
502
Great Western of Canada
52 »
Gulf Colorado Ac Santa Fe.470, 5u2
501
Lonlsv. Cin. As Lex
Louisville & Nushv.
Louisv. N. A. A Chic
LouLsv. N. A. As St. Louis
Metropolitan
improved.”
The loss
The following is an index to all reports and items heretofore
pub¬
lished in the investment Dopr.•tinoutof the Chronicle since the last
issue or the Investors' Sui'flkment; annual reports are indexed in
black-faced type:
Alabama Central
and branches east of the Ohio River are now laid with steel
rails. The condition of the entire lines, their roadbeds, tracks
and structures has not only been fully maintained but
“
It is shown by the report of the tra isportation department
that the tonnage of through merchandise east and west has
been 2.014,110 tons, while in the preceding year it was 1,980,397 tons, and 1,425,629 tons in 1879; 959,568 barrels of flour, as
compared with 598,992 barrels in the preceding year, and
20,329,858 bushels of grain were brought to Baltim >re during
the fiscal year. Of this aggregate of grain, 12,572,332 bushel*
November
THE CHRONICLE.
20, 1881.]
of wheat and 6,723,987 bushels were of corn. In live stock
traffic has been 115,885 tons, and in lumber brought to Balti¬
more, 79,003.
“The passenger earnings exhibit an increase from $1,379,990
ere
e
in 1879, to $1,714,922.
in the preceding year, and 1,171,033
“The condition of the tracks and
to a
“
high standard.”
engines has been brought
* * *
The coal trade of the
main stem shows
aggregate of
2,180,608 tons, which includes 424,521 tons for the company’s
an
587
than capable of doing all the business that is offered. While
this is presented as a truthful statement of appearances at the
present time, it is not to be regarded as depreciating the value
of your stock, but as a caution against too sangnine
expec¬
tation for the future of the company, which is dependent upon
many contingencies for its prospe.ity.”
* * * * “We
have been obliged to add largely to our rolling stock, amount¬
ing to about $150,000
vious year.
over
and above that suplied for the pre¬
We have also expended $205,000 for rails, mostly
gopply. Of this quantity that transported for the public, steel, m excess of corresponding expenditures
delivered in Baltimore, is 1,513,174 tons, and that delivered at year or for some years past.” * * *
for the previous
“The Western Railroad
of
Alabama—iu which we are
local points upon the line 242,913 tons. In the fiscal year
1,980,102 tons of coke and coal were transported on the Pitts¬ jointly interested with the Georgia Railroad Company—
burg Division, and 378.917 tons of coal on the Trans-Ohio has been reasonably prosperous, and we have received
Divisions. The aggregate of coal and coke thus transported, from it $161,000.
Bonds of that company amounting to
including all divisions, was 4.539,627 tons, showing an increase $300,000 fell due on the 1st of July last. Of these, $269,000
have been paid by this company ana are held for future ad¬
for the year of 150,771 tons.”
“Thirty-five engines were built at the company’s work at justment with the Georgia Railroad Company. There are yet
Hount Clare. Of this number 27 engines, costing $227,109 have outstanding $1,803,000, bonds of the Western Railroad of
been charged to rolling power, and 8, costing $74,259, which Alabama. Of these $636,000 are due in 1888 and $1,167,000 in
replace that number withdrawn, because their capacity and 1890. The board have had under consideration the organi¬
patterns were not adapted to the present requirements of the zation of the Western Railroad of Alabama as a company, and
service, have been charged to the repair account. One thousand then for it to issue bonds to reimburse our company for the
three hundred and eight cars have also been built, and 34 payments that have been made on account of if. This will
sleeping and parlor cars, and 6 passenger cars have been pur¬ require the co operation of the Georgia Railroad Company,
chased. Of this aggregate of 1,348 cars, 944 being new and which it is not doubted will be readily obtained.” * * *
In view of the fact that dividends have been withheld from
additional plant, costing $872,752, have been charged to rolling
“
power. Four hundred and four cars were built to replace that
number worn out, and their cost, $150,937, has been charged
to the repair account.
make
THE PITTSBURG & CONNELLSVILLE RAILROAD.
The
The
earnings for ihe year ended September 30,1881. were..$2,500,548
working expenses for the same period were (65*3)
1,370.075
Showing net earnings of
“The earnings were $262,066 more
$1,124,473
than those of the previous
and the expenses increased $149,420, showing net increase
over the preceding year of $112,646.
The increase in the ratio
of working expenses has been 24-I00ths of 1 per cent as com¬
pared with the preceding year.
year,
Net earnings
After paying the interest on the
$1,124,473
$4,000,000 7
first
mortgage bonds
$280,000
The interest oil the Turtle Civek bonds
19,596
The interest on the Sterling Consol, mortgage bonds 374,441
And the interest on the amount held in Sink. Fund.
4,820
per cent
ness,
There remains
an excess of net earnings of
$445,614
has been credited on account of interest on cash
advances raide b/ the Bikim >re & Ohio Railroad Company to
the Pittsburg & Connellsville Railroad Company.”
—which
BALTIMORB & OHrO & CHICAGO RAILROAD COMPANIES.
$1,648,661
1,185,591
Tlie
surplus for credit to the account of this division is
$453,069
“The earnings were $89,667 more than in the previous year,
while the expenses increased $203,271, showing a comparative
decrease of $113,603.
“The interest paid upon the 5 per cent sterling loan of
£1,600,000 taken for account of these companies amounted
year to $391,015 and the taxes to $46,871.
The
taxes paid—$46,871—being deducted from the net earnings—
$453,969—leave $4> 6,198, which have been credited in the in¬
terest account of the main stem, in which is charged the inter¬
est paid for the Baltimore & Ohio & Chicago Railroad Com¬
panies’ loan of 1927.
Banking Company of Georgia.
(For the year ended August 31,1881.)
The report of Col. W. M. Wadley, President, has just been
issued in pamphlet form. From it we extract the following :
The earniugs and expenditures for the past year were—
EARNINGS.
1880-81.
Savannah Division
Atlanta Division
Railroad Bank
Southwestern Railroad
$1,681,142
741,923
41,506
945,529
6( 3,580
14,496
46,387
844,866
14,513
$3,707,891
$3,190,489
Upson County RaiL oad
Total for roads and bank
1879-80.
$1,964,435
;
EXPENSES.
Savannah Division
Atlanta Division
Railroad Bunk
Southwestern Railroad
$1,168,272
$850,029
475,158
19,041
643,189
12,736
303,1*60
17,105
469,478
12,881
$2,318,396
$1,652,554
Upson County Railroad
Total expenses
=
NET EARNINGS.
Savannah Division
Atlanta
Division
Railroad Bank
Southwestern Railroad
$796,163
$831,113
266,765
22,465
1,760
300,519
29,282
376,387
1,632
$1,389,493
$1,537,934
302,340
.,.
Upson County Railroad
Total net
Compared with the previous
year,
the earnings of the
com¬
pany have increased $517,401, and the expenditures $665,841,
showing a decrease in the net receipts of $148,440. Mr. Wad¬
ley says: “ The season just past has been nnpropitions
throughout most of the terricory tributary to the line of our
load, and labor is now being diverted from cultivating the soil
to the construction of
thus
competing lines for transportation—
reducing the product of the soil and constructing lines of
transportation in competition with those that are now more i
distribution of debentures, or certificates of indebted¬
among-
the stockholders, to compensate somewhat for the
they were fairly entitled to upon the original
interest which
investment. Acting upon this view it was determined to issue
debentures to the extent of 40 per cent on the capital stock of
this company,
and under the terms of the lease of the South¬
was entitled to 32 per cent. Topersons not familiar with the past history of this
company it may
appear that this operated as a virtual watering of the stock,
whereas in point of fact it has not been equal to the amount
due the stock, allowing only 7 per cent per annum simple
western
Railroad, its stock
by the late George B. Cumming, Esq. This stock has been
dividend from the inception of the com¬
pany, and is equal to dividends of only about 5 6-iO per cent
per annum on the investment, and lacking 60 p^r c;mt on the
stock of paying 7 per cent per annum, simple interest, on the
credited with every
amount subscribed.”
Ihe
earnings of the Ocean Steamship Company, of which Mr.
Wadley is also President, have been as follows:
Gross earnings
Operating
of skips
of ships
Net
Net
$466,442
217,612
expenses
$248,83#
Net earnings of ships
earnings from Vale Royal property
earnings from Gordon Press
Net income from all
sources
39,941
12,349
$301,121
GENERAL INVESTMENT NEWS.
during the
Central Railroad &
a
interest. This is demonstrated from records of the company
and is illustrated by an original subscription to the srock made
678,858
The earnings for the fiscal year were
The working expenses for the same period (72-35)
the stockholders and the money expended in constructing and
improving the property of the company, the board of direc¬
tors duriug the past year concluded that it would be
just to
Atlantic
Mississippi & Ohio.—A dispatch from Richmond,
Va., Nov. 18, says that Judges Bond and Hughes of the United
States Circuit Court, sitting there, entered an order in the
of the Atlantic Mississippi & Ohio Railroad, directing
the payment of the remaining 5 per cent on the bonds of that
road, amounting to $275,000, with 6 per cent interest added for six
months and a half. As this money was retained at the instance
case
of the
Virginia second mortgage bondholders, this Common¬
for the
wealth is held liable for $8,250, the amount of interest
time named. Representatives of Virginia gave notice,
taking
much of the order of the court as included
interest. There still remains the purchase money of the road,
subject to the order of the court, about $520,000, enough, it is
thought, to pay the claim, Senator Mahone’s $125,000 for ser¬
vices as President, and other claims against the fund in hand.
—American Exchange.
Central Iowa.—At a. recent meeting of the directors the
articles of incorporation were amended as follows: First—
The object of the corporation shall also be to construct,
acquire and operate branches in connection with the mainline.
Second—The capital stock is increased by $6,000,000. Third—
The indebtedness is not to exceed two-thirds of the capital
stock. The World says that rumors from Wabash sources
state that the management of the Central Iowa will change
and the road be operated under the Wabash after January 1.
Chicago Sc Northwestern—Green Bay & Minnesota.—A
dispatch to the Cincinnati Enquirer from Milwaukee, Wis.,
Nov. 21, says: “It is stated semi-officially that the Chicago Sc
Northwestern Railroad has purchased of John J. Blair, of New
York, the Green Bay & Minnesota Railroad, the consideration
being upward of $800,000.”
Chicago Pekin Sc Southwestern.—In the foreclosure east
of the Farmers’ Loan & Trust Company against. the Chicago
Pekin & Southwestern Railroad Company, a motion was filed
in Chicago November 14, ostensibly by the railroad company,
asking to have the recent sale of the road under foreclosure
set aside and the order vacated.
The statement was made that
the purchaser, F. E. Hinckley, the trustee, and the majority of
the holders of the first and second mortgage bonds, agreed the
appeal from
so
THE CHRONICLE.
sale should le set aside.
move is really made by F.
It Is understood, however,
that this
associated with Mr. Jay Gould and
“The New York & New England has
recently finished its line to Newburg, on the Hudson, connect¬
ing there with the Pennsylvania and Erie roads, and the Lehigh
Valley and New Jersey Central companies propose to push their
roads to the same point. The New York & New England
of theinselvts as
names
The Wwld says :
others.
E. Hinckley, the purchaser. Judge
give him p«*eeBsion until he pays
the floating indebtedness, amounting to about $200,000, and Mr.
Hinckley desires, it is said, to have the sale set aside, and then
sell the road under the power in the trust deed, which would
trains now come into _New York City over the New York New
cut out the floating debtors.—JV. Y. World.
Haven & Hartford line, passengers being landed at the (Land
Cincinnati & Eastern.—The stockholders have agreed to Oential depot. On the vVestern Division the New York & New
increase the capital stock from $500,000 to $2,000,000, and to
England tiains reach this city by connecting at Brewsters with
increase the bonded debt to such sum as the directors may
ihe New York City & Northern to One Hundred and Fifty-fifth
determine. The object is to complete the main line to Ports¬ street. It is f-aid that, unless Mr. Vanderbilt succeeds in pre¬
mouth, Ohio, and run a branch from Brush Creek, Ecioto venting it, tLe trains over the New York & New Haven line
County, to Gallipolis.
will cross the river directly to ilie Second avenue elevated railCincinnati Indianapolis St. Louis & Chicago.— Following way line over a bridge to be built across the Harlem River.”
id the official exhibit of the earnings and expenses for the three
Northern Pacific.—President Arthur has accepted the re¬
months ending September 80, 1881, as published in the Cincin¬
port
of the Government Commissioner appointed to examine a
nati Gazette:
*
iveently-c^mpleted section of 100 miles of the Northern Pacific
Railroad, beginning in Dakota and ending in Montana, and
upon this acceptance the Interior Department will issue patents
‘.Net
$77,767 to the company for two and a half million acres of public land
August- Gross earnings
$237,263 to which it is entitled under its laud grant of 25,000 acres per
Diummond has refused to
1*20,572
$116,710
Expeases
Net....
September— Gross earnings estimated
Expenses estimated
•
$231,042
130,000
mile.
$101,042
Not
Total net for three mouths
The total yearly fixed charges are
One quarter oi this amount for three
Balance
mouths is
applicable to dividend on stock
Deduct dividend paid October
15,1881
Surplus for three months
Oregon Railway &
Navigation Co.—At a meeting of the
board of directors, held Nov. 21. a resolution was passed to
increase the capital stock from 120,000 shares to 180,000, by
$295,425
$636,916
159,*236
$136,188
90,000
$16,188
These figures do not include the rental paid by Wabash RR.,
Amounting to $115,000.
Cleveland Mount Yernon & Columbus.—A special from
Cleveland, O., Nov. 18, to the Chicago Times, says that within
a few days a company will be formed to take the title of the
road. The property is now held for the bondholders by a com¬
mittee of trustees consisting of Messrs. J. M. Adams of Cleve¬
land, H. W. Smithers and J. A. Horsey of New York. It is the
intention to form a new company, put the road in first-class
condition, and build the proposed Dresden branch. When the
organization of this new company is completed, the property
of the road will be represented entirely by common stock.
Indianapolis Decatur & Springfield.—At a meeting held in
Indianapolis, Nov. 17, the stockholders voted to authorize the
directors to take all necessary action to carry out the plan,
issuing 60,000 additional shares,
such shares to be offered for
subscription at par to stockholders of record Dee. 28,1881, in
proportion to their respective holdings of stock, the subscrip,
tion books to be opened at the offices of the company in New
York and Portland, Oregon, on Dec. 29, 1881, and closed on Jan.
o, 1882; and all rights not availed of on the last-named day to
be disposed of as the board shall direct.
The stock appertaining to the first two instalments to bo
delivered Feb. 1 and to be entitled to all subsequent dividends.
The stock appertaining to the next three instalments to be
delivered June 1 and to be entitled to all subsequent dividends.
The stock appertaing to the last three instalments to be deliv¬
ered Sept. 1 and to be entitled to all subsequent dividends.
Mr. Villard says in his circular that the reasons which have
led the board of directors to propose an increase of the stock are
that the actual construction expenditures during the current year
exceeded the estimates, and that, owing to the closer relations
between the company and the Northern Pacific, 100 miles of
new line in addition to the mileage included in the original
construction programme will have to be built; also, that more
cars and locomotives are needed.
.
A meeting of stockholders is called at Portland, Oregon, Dec.
20, to take action on the resolution.
y
Pennsylvania Railroad.—The gross and net earnings in
adjustment of part of the company’s debt, which was Oct., and for the first ten months of the year, are specially
published m the Chroniclb of Sept. 17, on page 303.
compiled for the Chronicle in the table below. In Oct., 1881,
Notice is given that the preferred stock and new 8 cond there was a decrease of $209,743 in gross earnings and a decrease
mortgage bonds will be ready for delivery at the company’s of $333,362 in net earnings. For the ten months there was an
office, No. 120 Broadway, New* York, on and after December 1, increase in 1881 of $2,414,885 in gross, and $636,141 in net,
for'the
bonds, with all coupons
earnings.
•.♦hereto belonging*, or of the Central Trust Company’s certificate
ALL LINES EAST OF PITT8BURG AND ERIE.
Net Earnings.
’for the same, will receive the following new securities: For
-Gross Earnings.1880.
1881.
1881.
* 1880.
each income bond, 10 shares ($1,000) in preferred stock and
$1,366,298
$1,206:861
January
$3,189,215
$3,083,551
$350 in new seoond mortgage 5 per cent bonds.. Scrip will be
1,232,182
1,158,104
3,095,614
2,944,576
issued for the bonds, exchangeable for bonds in amounts of February.-v.
1,511,248
1,799,226
March
3.278,186
3,844 304
1,495,582
1,655,810
$500 or multiples thereof.
April
3,760,372
3,488,3*6
1,476,852
1,688,610
May
3,856,897
3,417,916
Jacksonville Pensacola & Mobile.—A press dispatch from June.
1.012.247
1,488,543
3,807,437
3.2?!,476
1,362,505
1,490,971
Tallahassee, Fla., Nov. 19, 6ays: “At a hearing yesterday July
3,780,418
3,449,644
1,554,480
1,444,504
3,809,978
3,723,355
before Judge Walker, in the State Circuit Court, at the suit of AusuHt
1,474,910
1,463,177
September...
3,735,000
3,(547,543
Prank R. Sherwin, the representative of and contractor with
1,688,394
1,355,032
October
3,672,971
3,882,714
the Dutch holders of the Florida 8 per cent bonds, against
Charles D. Willard, Calvin H. Allen, and others, the Court
Total
$36,552,212
$34,137,327
$14,750,838 $14,114,899
denied the motion to appoint a receiver, but issued a temporary
As to the lines west of Pittsburg and Erie, the monthly re¬
injunction restraining the conveyance of the property until ports issued in 1880 and for the current year show the. results
the final judgment is made.” '
below. The company’s report, however, states the gain since
Lehigh Valley.—A dispatch from Buffalo states that the Jan. 1 this year, against the same period in 1880, as $228,478.
road has acquired the Tint farm, consisting of 400 acres, for
ALL LINES WEST OF PITTSBURG & ERIK.
the sum of $300,000.
The Clinton Branch was, opened Nov.
Inc. or Dec. to
Net Surplus over all Liabilities.
28. The Lehigh Valley now controls the Buffalo Creek Road.
1881.
1880. • 1831.
Inc
$76,235
Minnesota Slate Railroad Bonds.—The Minnesota State
$305,304
$361,539
26,787
Inc.
116,710
143,497
Railroad bondt were issued to the railroad companies in the February.
115,270
Doc.
557.171
441,901
March....
184,495
I110.
following amounts respectively:
312,269
496,764
April
1881.
It!
Holders of second mortgage
t
.
.
.
.
.
TU the Minnesota & Pacific Raircal Company
To the Minneapolis & Cedar Vulley Company
To the Transit Company
To the Buuthern Minnesota Company
$2,275,000
Total.
tii
$300,000
' 600,000
500.000
675,Of 0
State Auditor Whitcomb, in regard to the claims against the
railroads, states that already more than $300,000 in claims have
been filed. The time for filing does not expire until December
4. but it is his belief that all the claims are in or nearly so.-8L Paul Pioneer-Press.
New York Lake Erie & Western—New York Pennsylvania
A Ohio.—The Pittsburg Dispatch says : “ Within the ne<xt few
months these roads will be combined under one management
This assertion is made on the
authority of one of the most prominent officials of the New
York Pennsylvania & Ohio, and can be relied upon as correct.”
New York k New England.—Mr. Russell Sage and Mr.
Cyrrus W. Field said to a World reporter that there was good
foundation for the report that at the closing of the stock>-books
of the New York & New England Railroad Company l#t Mon¬
day a majority of the 200,000 shares were found to be in the
and controlled by
one company.
•
11,201
248,482
def. 56,400
May
8,481
300,827
267,296
178,533
355.771
245,337 ^35Ua6 206,982
419,606
337,789
August..
Septemb
Ootober.
$2,505,847
$2,713,213
Inc.
Deo.
Deo.
Iuo.
I110
Dec.
.
Inc
.
.207,281
64.881
•
.
’
,
122'?S)
88,475
38,355
81,817
.
Philadelphia & Reading.—The statement for October
months ended October 31 is as follows:
for the eleven
-1830-81.Gross
Receipts
c
Oct.
Rail roadCo.-$
Railroad traffic... 1.822,830
Canal traffic
95,561
61,349
Steam folhers—
Richmond
barges
coal
10,206
Froflt
for
Oct.
$
—
Profit for
Eleven
Months.
$
803:015 7,531.203
48,772
341,023
32,629
249.980
1.413
2,407
1,989,947
1,441,673
885,831 8,124,680
Total both compan’s 3,431,621
1,032,265 9,Qj5,912
Total RR. Co
Coal & iron Co
146,431
971,*262
and
i879-so.--r:
Profit
for
Oot.
Eleven
Month*
807^933 7-.138.62
fsfcS
785
701
?^,108 7.662|05
140,758;
1,043,867 8,080,^
Port Koyal & Augusta.—At the annual
the following statement was presented for
ing June 80 :
Gross
1881.
$179,1GJ
1 3 * »4‘36
earnings
Expensed
Net
CHRONICLE.
THE
£8, 1881.]
FOTEMBER
1880.
Increase.
$192,711
$10,451
110,153
257;S12
$22,501
$11,070
earnings
meeting last week
the half-year end¬
$19,108
589
ITxc Commercial
COMMERCIAL
jinxes.
EPITOME.
Friday Night, November 25, 1881.
The troubles of the national banks at Newark, N.
J., and
board controlled by the Central of Georgia Boston, Mass., were followed by rumors affecting the standing
was chosen, and it is announced that the road will pass for¬
of similar institutions in this citv, and caused much disquietude
mally under the Central’s control on December 1.—Railroad in monetary circles. EviifcfiTty the banks throughout the
At the
meeting
a
Gazette.
South Carolina Railroad—O.i PaturdaYt Noy. 19,
Bond, sitting in chambers as of the Uuired Slates Circuit
Judge
Court,
finally settled the case of Calvin Ciafflin and ethers, against the
South Carolina Railroad Company and others, by signing orders
confiiming the compromise made with the syndicate, directing
tbetiansfer of the road to the new company and fixing the ex¬
penses
to
of the sale.
The road extends from Charleston, S. C.f
Columbia, S. C., and to Augusta, Ga.
country are endeavoring to strengthen and secure their posi¬
tions, and values of merchandise are unfavorably affected
thereby; the pressure to reduce stocks held in store on specula¬
tion has been increased, while trade, usually dull at this seasoD,
has been interrupted by the annual Thanksgiving holiday!
Lower prices are the natural result. Speculations for the
advauoe predicted on short crops have been checked; but no
serious declines have taken
place, and mercantile circles are
apparently in a good position, and confident that after the hbliStates holds bonds of South Carolina amounting to $21:^730
\
principal and interest, dated January 1, 1856, and on applica¬ daj s a batter turn of affairs may be expected.
Rio coffee has been very quiet at the quotations of last week;
tion to the State Treasurer requesting to know what provision
had been made for their payment, received a reply staling that the stock in first hands here has, moreover, been increased to
'‘The State capital bonds of 1855 and all bonds issued prior to
119,619 bags; mild grades have met with a very moderate sale
the 1st of January, 1866, together with all their unpaid cou¬
at unchanged prices.
Rice has remained steady, and the deliv¬
pons which matured on or before the 1st of January, 1880, are
exchangeable on the surrender thereof at this office, for 6 per eries to the trade have continued on a fair scale. Spices have
cent consolidated bonds or stock bearing interest from the 1st remained
very dull, and to a great extent nominal in price.
of January, 1880, at the rate of 50 per cent of face value of
bonds and coupons so surrendered.
No other provision has Foreign fruits have been in fair demand at essentially
been made by law, either for the payment or funding of the unchanged prices. Tea has continued to decline at large auc¬
tion sales; at a sale to-day of 9,500 packages, Japans fell off
principal and interest of the bonds referred to.”
Stock Exchange New Securities.—The Governing Com¬ 2c. and most grades of green lc., though Formosa oolongs
mittee have admitted the following securities to the list:
remained about steady, New crop New Orleans molasses has
Missouri Kansas & Texas Railway.—Additional issue of latterly been quoted at 58@63c., with moderate transactions
bonds under its general consolidated mortgage of December 1, within this
range; other kinds have been dull and nominal.
1880, aggregating $1,000,000.
Raw sugar has broken away from what appeared to be the
Chicago Milwaukee efr St. Paul Railway.—1,230 additional secure
position of many weeks past, the extreme dulness of the
bonds of the Hastings & Dakota division on eighty-two miles
of newly-completed road at the rate of $15,000 per mile, amount¬ traffic in refined leading importers to reduce their quotations
in order to stimulate business. The market closes very dull at
ing to $1,230,000.
Ohio Central Railroad.—(1.) First mortgage bonds on 7%@7%c. for fair to good refining Cuba and 8%c. for 96-degrees
“Mineial Division,” $3CO,OoO, in denominations of $1,000, dated
test Centrifugal.
January 1,1881, and maturing January 1, 1921 ; bearing inter¬
Ehds.
Boxes.
Mclado
Bags.
est at tfie rate of 6 per cent per annum. (2.) Income bonds of Receipts since November 1
212,113
13,382
4,182
219,846
15,444
the “Mineral Division,” $300,000, of the same denomination ^ales since November 1
Stock November
52
526,858
47,667
6,515
and date, bearing interest not to exceed 7 per cent, and non- Stock November 23,1881
24, 1880
7,735
991,937
3,658
41,217
South Carolina State Bonis.—The Treasurer of the
United
.
cnmulative.
United States National Bank.—Capital
dividend bearing for a Beries of years.
stock $500,000,
non¬
Chicago Burlington & Quincy Railroad—(1). Three million
dollars Iowa Division mortgage bonds ; interest 5 per cent, pay¬
able semi-annually, April and October. (2.) Nine million dol¬
lars Iowa Division in rtgage bonds; interest 4 per cent, payable
semi-annually, April and October.
All of the above bonds bear date Oct. 1, 1879, and mature
Oct 1,1919. Not exceeding $16,000 per mile on single track,
main line, and $14,000 per mile on second track. Annual sink¬
ing fund of 1^ per cent on bonds issued, to be applied in pur¬
chase of 5 per cent bonds, at not more than 5 per cent pre¬
mium and accrued interest, or 4 per cent bonds at not more
than par and accrued interest. In case of insufficient offerings
the bonds to be drawn by lot and paid at 105 or par, according
to bonds surrendered.
Oregon <& California Railroad.—First mortgage bonds,
f6,00u,000. The issue of bonds is limited to $20,00o per mile of
actually constructed road, and as that already completed is
306^ miles, the present issue comes within the limitation. The
bonds mature in July 192/, and bear interest at 6 per cent, pay¬
able January and July. A sinking fund is to be created July
1,188b, for their redemption by lot at 110 per cent.
Richmond & West Point Terminal Railway and Ware¬
house Company.—Capital stock, $3,000,000, in $100 shares; f ully
paid; no bonds issued.
GRNEBAL ACCOUNT, NOVEMBER
5, 1881.
Cr.
Dr.
Capitol stock
$3,000,000
Bills payable
Aooounts payable
Amount
uue
and bonds
Due
on
492,5oo
22,913
etock
purchased
individuals
oompanii'B
296,931
and
Due on cotton compress
at West Point
180,408
13,092
Cosh in treasury
Expenses
Bill reoeivablo
Gust of stock owned...
Cost of bonds owued...
CO'd of cotton ooinpress
wbarves.cte., at Kiolimond and West Point
Due from individuals
aud oompanics
$1,010,845
Total
Total
$121,432
5,53 3
170.614
1,6t«8,G4l
1,456,532
69,265
182,825
$4,010,84;
Washington & Ohio.—This railroad, extending from Alexan¬
dria into Loudon County 51 miles, is advertised to be sold Janu¬
ary 31, 1882. It is reported that at the recent meeting of the
bondholders held in Alexandria for the purpose of devising
Some
plan for protecting the interests of the bondholders under
the 1st, 2d, 3d and 4th liens, either by the
purchase of the road
making Mr. MuCoinb pay enough f»ir it to
secure them, nothing could be done on account of the unfriend¬
ly personal relations that existed betwenn several of the parties.
—Baltimore Sun.
themselves
or
for
Refined sugars
closed dull at 9%c. for granulated, 10c. for
powdered and cubes, 1034c. for crushed and cut loaf, and 9%@
9%c. for standard soft white “A.”
Kentucky tobacco has been more active, the sales of the week
aggregating 1,859 hhds, of which 1,764 for export. Prices are
a shade easier but close firm ; lugs, 6@7c., and leaf 7M@13c.
Seed leaf has been quiet, and the sales are only 763 cases, as
follows: 300 cases, 1880 crop, Pennsylvania, 6@35c.; 363 cases,
1880 crop, New England, 16@35c., and 100 cases, 1880 crop,
Ohio, on private terms. Also 450 bales Havana, 86c,@$1 15.
The provisions market has latterly shown a better tone.
Some recovery of the late declines has taken place, and specu¬
lative interest has been to
cation of the French edict
a
certain extent revived.
The
revo¬
prohibiting the importation of Amercan hog products has resulted in large sales of bacon in the
West for that market. To-day mess pork sold on the spot at
$17 50 ; February contracts realized $18@$18 05. Bacon sold
at 9%@9%e. for long clear.
Lard advanced 10c. per 100 Jb3.,
and was fairly active; prime Western sold on the spot at ll*30o.;
do. for November, ll‘20@ll-25c.; December, 11 *27^6 @11‘30c.;
January, 11'42/£@11 52/£o. ; February, 11*52^@11'62^d. ;
March, ll,62/'i@ll-65c.; May, ll’75@ll'77^c.; refined to the
Continent, 11 55c. Beef quiet at $25@$26 50 for extra city India
mess.
Beef hams dull at $20. Butter and cheese have been
about steady and only moderately active. Tallow sells slowly
at 7%c.
Stearine is wholly nominal at ll%c.
In naval stores much irregularity has prevailed; while spirits
turpentine has advanced to 56c., in sympathy with the Southern
markets, rosins have declined to $2 20@$2 25 for good
strained, in view of the small export interest and the unfavor¬
able foreign aivices.
Refined petroleum has declined with
crude. The production is steadily increasing, and the European
markets are well supplied.
Refined for export quoted 7lAc.
Crude certificates have been active at declining prices. There
were sales at the close at 80%cIngot copper has been firmer
and closed at 18^@18Mc. for Lake. All other metals are firm,
though perhaps a trifle less aotive.
Ocean freight-room has been very fairly taken of late.^ Rates
have improved for berth tonnage and charter room is well
maintained in view of the small number of vessels in port. The
engagements to-day included: Grain to Liverpool by steam,
Id., 60lbs., and 3^d! standard; bacon 12s. 6d.@15s.; cheese, 15s.@
L7s. (id; cotton, ll-64@Md.; flour, 12s. 6d.; grain to Tyne Dock
by steam, 5/£d.; do. to Bremen by steam, 1 mark; do. to Cork
for orders by sail, 4s. 4j£d. per quarter; naphtha. k> Plymouth,
Is. 6(1.; refined petroleum to Bristol, 3s.; do. to Bristol Chaunel,
3s. 3d.; do. to Newcastle, 3s. 6d.; crude do. to Blaze, 3s. 6d.;
case oil to Japan, 32@35c., latter rate if two ports.
THE CHRONIC LE
590
COTTON.
In addition to above exports, our telegrams 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
ns
Friday, P. M., November 25, 1881.
HThr Movement op the Crop, as indicated by our telegrams*
from the South to-night, is given below. For the week endintr
are
receipts since the 1st of September, 1881, 2,053,513 bales, against
2,319,716 bales for the same period of 1880, showing .a decrease
since September 1, 1881. of 266,203 bales.
Galveston....
Indianola, Ac.
New Orleans...
Sat.
Mon.
3,221
4,195
-
Florida
.
8,308
869
....
....
....
8.256
6,112
_.
Fri.
Total.
3,645
16,379
645
615
6,179
2,610
1,400
3,301
62,024
16,922
....
9,299 10,527
1,633
1,342
....
....
2,036
1,787
....
6,477 21,234
2,291
8,177
Mobile
Payannah
1,495
....
Thurs.
Wed.
Tues.
5,759
7,636
5,822
1,100
36,886
special
onr
On
bales, against 224,837 bales last week, 224.420 bales the previous
week and 216,685 bales three weeks since; making the total
Receipts at—
prepared for
use
Lambert. 60 Beaver Street.
reached 221,876
evening (Nov. 25), the total receipts have
this
[fOL. XXXIII.
NOV.
25, AT—
Great
Sew Orleans
Mobile
unarleston
Foreign
Stock.'
Total.
2,189
1,600
58,904
4,800
2,014
23.128
22.700
22,724
12,293
1,000
2,200
None.
11,764
5,100
8,893
4,050
1,600
2,936
2,000
5,600
None.
None.
5,300
11,200
11,280
1,000
None.
‘3,500
2,100
4,000
11.700
190, ICO
33,850
90,022
77,475
70,660
152,524
134,036
56,055
33,510
43.173
19,115
152,353
748.733
Qalveston
Vew York
ports
Total
Leaving
Coast¬
wise.
Other
21,698
...
Savanpah
Other
Shipboard, not cleared—for
France.
Britain.
by Messrs. - Carey, Yale &
4,800
4,512
27,621
Included in this amount tuefe are 500 bales at presses for
ports, the destiua.ion of which wo cannot learn.
foreiga
*
of business the
past week has been interrupted by
holiday
(Thanksgiving,
November 24). The speculation
6,231
4,915
Charleston :....
91*
918
in futures was moderately active at variable prices On Saturday
Pt. Royal, Ac.
954
500
.7,906 a
1,321
3,539
2,130
1,462
Wilmington
very low estimate of the current crop, put forth with much de¬
1,235
1,235
Moreh’d C.,Ac
and many concurrent opinions, caused the recovery of most
tail
3,972 30,755
6,779
7,552 4,329
4,020
4,103
Norfolk
r.
Some adverse reports regarding
2,858 of the decline of last Friday.
2,858
City Point,«fec.
750
2.442
449
528
358
868
5,395 the prospects of the top crop had also an influence in the samt
New York
7,158 direction.
1,527
1,413
1,069
1,899
Boston
1,250
But on Monday the very large receipts at the ports
428
263
165
Baltimore
(over 60,000 bales, against about 40,000 bales for the correspond¬
758
120
227
154
566
1,825
Philadelp’a, Ac.
ing day last year) caused a decline. Tuesday was variable and
Totals this week 30,309 6 *, 13 > 36.808 32.690 27,534 34,100 221.876
weak till toward its close, when a demand to cover con tracts
For comparison, we give the following table showing the week’s promoted
a slight advance in futures. On Wednesday weak
total reoeipts, the total since Sept. 1,1S81, and the stocks to-night accounts at
Liverpool, and the indications which were apparent
and the same items for the corresponding periods of last year.
on all sides that a free movement of the crop was taking plaee—
Slock.
1*81.
1880.
the elfect in part of money pressure—caused a decline. On
Receipts to
Since Sep.
This
S'nce Sep.
This
1880.
Thursday it was severely cold over a large portion of the cotton¬
1881.
November 25.
Week.
Week.
1, 1880.
1, 1881.
growing region, doubtless putting a stop to growth of the staple
Galveston
16,379
251,95 i 98,281 90,002 for this season in a consi lerable section.
212,126 24,384
To-day there was an
436
134
645
Indianola, Ac..
8,263
7,583
early decline, but the close was dearer ou port receipts and
503 703 249,061 255,410
New Orleans
526,249 44,987
62,021
strong Liverpool advices. Cotton on the spot advanced 1-16t.
Mobile
120,78>‘ 14.406
153,373 38,656 36,334
16,9'2
on Saturday and declined l-16e. on Monday.
On Wednesday
692
Florida
9,755
1,535
1,400
while uplands were uncharged Gulfs were advanced 1-1 (k.,
Bavannah
36,8-6
447,145 100,175 135,829
339,551 32,570
putting middlings of the two growths 5-16c. apart, a much
863
89
5,258
3,299
Brunswick, Ac.
wider difference than usual.
To-day the market was quiet and
283,693 24,072
331,970 113,150 128,372
Charleston
28,279
unchanged.
2 4,403
918
Port Royal, Ac.
745
3,237
12,963
6,859
The total sales for forward delivery for the week are 674,400
6s.27h
70,326 19,775 27,749
7,157
7.996
Wilmington
bales. For immediate delivery the total sales foot up this week
M’head City,Ac
1,143
11,314
7,555
1,23’
5,866 bales, including 2,082 for export, 2,524 tor consumption,
Norfolk
324,376 62,791 61,296
273,87t
31,388
30,755
1,260 for speculation and — in transit. Of the above, 820 bale#
95,930
27,11
2,858
11,053
City Point, Ac.
to arrive.
The following are the official quotations and
were
New York
5.395
19,876
28,875 156,024 107.382
3,10sales for each day of the past week.
Boston f,
4.082
33,72s
60,088
3,675
3,420
Bninsw*k, Ac.
....
....
5,685
4,360
*
863
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
28,279
3,649
3,439
The
863
course
close
a
—
....
....
....
....
....
....
....
......
.....
......
...
...
7,158
.
Baltimore
Philadelphia, Ac.
Total
428
11,867
1,036
1,825
16.238
811
10,630
14,155
34,169
23,703
37.549
6,595
221 ,*?h 2,053.513 205.192 2,319.7U> 901,086 897,052
In order that comparison may be made
with other
give below the totals at leading ports tor six
years, we
seasons.
—
Receipts at—
1881.
1879.
1889.
1878.
1877.
1876.
Galvest’n.Ac
17,024
24,518
27,713
22,827
18,658
26,938
New Orleans
Mobile
62,024
44,987
78,896
50,878
60,393
16,922
14,406
18,695
17,541
Bavannali...
36.836
32,57
29,197
27.309
Wilm’gt’u, Ac
9.141
8,300
5.235
Norfolk. Ac..
42,4 41
38,435
16.982
54,116
19,240
26,942
28,449
7,871
29,578
AJ1 others....
33,613
17.0G9
10,661
16.148
21,588
22,617
7,202
23,311
17,507
25,751
Chafrst’n, A<
21,099
35,668
25,928
9,957
11.6)5
Tot. this w’k.
221,*76
205,192
249,152
184,625
172,216
201,879
It,783
7,145
Since Sept. 1. 2053.513 231 9,716 ‘2134.998 1730,234 1499.5t7 1843,665
Galvetron Includes Indianola; Charleston includes Pore Royal, Ac.;
Wilmington Includes Moreliead City, Ac.; Norfolk includes City Point. Ac.
The exports for the week ending this evening reach a total
of 107,855 bales, of which 54,076 were to Great Britain, 18,996 to
France and 34,783 to rest of the Continent, while the stocks as
made up this evening are now 901,086 bales. Below are the
exports for the week and since September 1.1881.
Week Ending Nov. 25.
Experts
from—
dftlTMtnn
New Orleans..
Exported to—
Great
Brit'n. France
1,0-6
9.120
1,45«
15,515
Mobile
....
Florida
Savannah
...
New York
Conti¬
Total
nent.
Week.
11,040
2,51
33,695
.
•
7,714
......
20,251
J.743
......
9.496
57‘
4.672
20,251
Total
1 9t+ a* toon..
5X>
J4,« 76
nn
•*•;**.
t
18.993
-At
"IocIvAm export* from
164,259
3,900
57,63 i
3,531
73,466
•
7.970
...
3,9 >0
8,25
80.667
6.04S
17,70
17.628
1,430
800
101,711
949
11 0 0
88.530
4,672
23,710
19,713
12,256
11,087
500
12,720
146.549
41,488
3,039
9,660
106,63
111,371
22,086
123 342
1
50
23,711
31,969
11.137
22.147
34,783 107,85'
610,094 108.0 3
253,778
972,475
04 -no 123 “50
790 840 163,601
228.744
1.180,220
Port Rural. Ac.
93,6
934
Strict Ora..
Wed
Ordin’y.$fr>
Th.
*
9316
9%
Strict Onl..
Good Ord.. 10916
Str. G’d Onl 11
Low Midd’g 11*2
<3
S
0
W
93,6
9*2
J
Sat.
87r
97e
10016
lb.
Good Ordinary....
Strict Good Ordinary
..
>»
e3
M—1
O
H
..
11916
..
Sat.
non. Tnes
9*2
9%
97ig
10
10*16 10
1078
1013,6 10Ua8
115,6 11*4 ' 11*4
11%
11*3,6 11%
12
12*16 12
12*4
123,e 123,6
12 59
12016 129,6
I27a
12*3,6 12*3,6
1338
13*^16 135,6
14*8
14*16 14*16
Wed
Fri.
9*2
9*2
101,6
1078
* 15,6
11*3,6
12*16
>>
12*4
12*4
125s
W
10*2
11*2
10*2
11*2
.
cS
12%
12%
12%
«
1338
14*8
8*3,6
91=16
10*,«
1078
HB16
11*3*
12*1«
O
13%
14*fi
•
*
Th.
Mon Tues Wed
8*3,6
9*310
9*2
;
;
12 "3
133s
14*8
Frl.
Th.
10*,6
1078
1 * 5,6
11*3,6
12*16
1258
1278
13*16 13*9
I3l3lft 14*8
•
STAINED.
Middling
Th.
125ifl 12%
129(6 ;1278
•
Midd’g Fail L3iie
Fair
13*3,0
Wed
10*16
10016 10 78
1 1
115,0
11*2
11*3,6
11%
12*16
11lo16 12*4
.
Str. L’wMid 11%
Middlin'... u1516
Good Mid.. 125,6
Str. G’d Mid L2016
Frl.
9%
1
Fri.
813U
9*31W Holi¬ 9'3j6
10*2
day. 10*2
8 *V
11*2
11*2
MARKET AND SALES.
SALES OF SPOT AND TRANSIT.
CLOSED.
r
ConSpec- Tran¬ Total.
sit.
sump. uTVn
Ex¬
port.
Sat.. Steady at *,0 adv
Mon
Quiet at ijedec..
Tues. Quiet
Dull at rev. quo.
Wed
578
424
829
316
102
.
.
9,206
••
71,256
307,493
TEXAS.
mou Tue»
9*2 (97; e
97i«
10
10*16 lO
109i6 107q 10*310 1013,,
11
Str. G’d Ord 11*16 11
11*4
11&16 11*4
11 *2
L<uw >lid I’g ll9lfi
11*2
11%
11*316 11%
12 *if 12
12
Str. IVw Mid Hi3i6 1134
11%
Middling..: 12
u*5,« 111516 12*4 12:*i6 123,6
i+oorl Mid
123q
125i6 12516 125a 120l6 129,6
Str. G’d Mid 125a
12*3,p 12*3,6
129ig 129i6 12 7s
Midu’g Fail 13*8
13*16 13*je 133s 13&16 13'>h
Fair
L378
1-Dlrt 14*16
131316 13*316 14*8
914
93ie
9*3,0 9%
Good Ord.. 1058
10®16
Ordin’y.$tt>
SPOT MARKET
14,713
69,708
Sat.
non Tuew
Total.
nent.
9.4* 7
Baltimore.
Fhlladelp'ajtc
53,0)2
Conti¬
55.936
1,430
4,613
16.90 1
Great
Britain. France
Sat.
Low Middlinsr.
Sept. 1. 1831. to Nov. 25, 1831
Exported to—
7.970
.
....
Charleston*,..
Wilmington...
Norfolk....
From
NEW ORLEANS.
UPLANDS.
Nov. 19/o
Nov. 25.
'
650
190
Thtirs
Fri.
Total
.
Firm
-
m
m
377
1,140
m
•••a
2.082
460
200
200
Holi
400
2.524 1,260
FUTURES.
506 114,400
600
600
400
400
1,917 201,400
300
1,140 113,700
....
....
day..
—
141,100
1,679 103,800
624
5.866
674,400 2,300
Die daily »l divenes given above are actually delivered cue
vious to that on which
The Sales
and
Deliv¬
eries.
Sales.
day pr©
they are reoorted.
Pricks
of
Futures
are
shown by the
flow¬
ing comprehensive table. In this statement will be found the
daily market, the prices of sales for each month each day, ana
the closing bids, in addition to the daily and total sales.
THE CHRONICLE.
1881.
H
at
III! S3?p
£ %
2 £
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^t-t
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to
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•it©©
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I ©p
Mco
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w
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;
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.
•
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:
ccto
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»
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:
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coco©
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•
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I ©i°
MM<|
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to too
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CQ
Nashville, Tenn.
3
Dallas, Texas.
Jetter8on, Tex...
m
;
M
tC |
«
101 :
6'
•
©6
O'M
1 ©h*
1 ^
1 91
to CO 0
MMrfj.
COtOo
©QD
MM
MM
MM
COCO
CO to
CO to
66
c
6
66
©'l
k
co©
M CM
si
1 ®m
1 9
M m at
COCO©
coco©
©6©
66©
66©
M 0«
to OD
to
CO
o
00
1 ©to
•—* —4
MM<|
cocoo
co
«R
S
©•-*
©
to<
too
M<
M
©:
sr
3
8*
o
-t
00
*
Includes sales
September, 1881, for September, 314,000; Septem
ber-Ootober for October, 416,400.
in
Transferable
Orders—Saturday, 11*90; Monday, 11*85; Tuesday
11*90; Wednesday, 11*85; Thursday,
; Friday, 12.
Short Notloes for November—Tuesday, 11*82; Friday, 11*75.
The following exchanges have been made
38 pd. to exch.
'05 pd. to exch.
’92 jkI. to exch.
'74 pd. to exch.
'94 pd. to exch.
58 pd. to exch.
100 Jan. for Mar.
300 Nov, for Dec.
500 Jan. for Aug.
500 .Ian. for June.
1,000 Leo. for June.
100 Dec. for Mar.
*38
*23
*60
*75
pd.
pd.
pd.
pd.
pd.
..
Shreveport, La..
Vicksburg, Miss.
Columbus, Miss..
Eufaula, Ala....
Griffin, Ga
Atlanta, Ga
Rome, Ga
(’harlotte, N. C..
St. Louis, Mo
Cincinnati, O
1,253
1,840
2,0 7 2
7,322
1,587
2,771
1.332
5,140
4.939
958
20,770
15,378
Total, old ports.. 112,272
©to
8?
Cb
*-•_
896.625
46.172
6*03.03 1
217.911
264 183
28,000
611,380
205.912
20,000
23,000
18,000
43.000
202,000
35,600
53*2.335
318,000
414.000
451,000
901.086
325.903
896,625
247,911
683.031
26 4.183
6.600
20,000
23,000
96,000
111.000
175.000
119,000
475,000
611,380
205,912
18,000
106,000
38,900
156,350
68,000
33,000
117,000
44.100
79.471
52.000
115.000
54.933
78.471
69.262
37,250
84,000
43,000
46.172
28.000
402.250
335.871
363.833
309.500
1*26,000
34.250
....
2.510,839 2,365.407 2,103,387 1.513,792
O^rt.
O^ied.
678b
57i6<L
into Continental ports this week have been
66©
w
©:
R:
©ab©
•
Mr®
to to 0
©^1
s
M©
‘
*4
to to
aoot
66©
©
CD
2
66
©CD
W©
MMW
.
532,335
350.000
4,451
3,218
22,449
2.874
<
I ®:
33,000
901,086
325.903
6,6o0
Montgom’ry.Ala.
to to
i ©•
84,000
475,000
6.537
M M
*
491,500
69.262
2,828
2,394
3,581
2,4i>2
15,073
to to
©
485,404
5*2,000
451.000
4.884
1 840
MM
©
654.871
7,194
Augusta, Ga
Memphis, Term..
-1
762,250
63,000
414,000
Columbus, Ga...
Macon, Ga
8olma, Ala.*
to
©
S’
Q
fe
1
156.250
Receipts. Ship m'Is
O
tc
.
§
<600 2
M
113,471
Week ending Nov. 25. *81.
c -1
M
175,471
statement:
M tO
to,
cd •
267,350
03
0bo®
•
©co
ki
-1©
:
;
6,250
figures indicate an increase in the cotton in sight
to-night of 145,432 bales as compared with the same date of 1880,
an
increase of 407,452 bales as compared with the corres¬
ponding date of 1879 and an increase of 597,047 bales as com¬
pared with 1878.
At the Interior Ports the movement—that is the receipts ‘
and shipments for the week, and stocks to-night, and for the
corresponding week of 1880—is set out in detail in the following
-jI o
M
2,432
The above
(X)
OJtO
66
I ©5°
•s
jty The imports
29,500 bales.
tOlOo
cdcd©
.
6,570
2,108.589 2.029.536 1,,739,519 1,604,292
supply
*1
to 10 <5
r— r-
.
—
Price Mid. Upl., Liverpool
R
M M (_»
f—
*3
§
fe*
M M_
r-y,
o
a
—
©<i
M
April.
to to
to to
I
co
■
r~
1 ©w
1 ©p
m1—1 CO
M
ao
tOp
6.05©
to to
r—
©
MMo
to
Mr-
to
b*
t*s
03
1 ©CO
to to
r-
s
*
tl~ Ot
a«Ot
M
C5
to to 0
to to
C3 CO
§
-t
mmo
to to
Total East India, &o
Total American
Total visible
03
66©
<T to
c
2.750
7,850
Q
1 ©to
iota
©to
§
cit M
r'
1 ©CO
S4
R
to©£ja
1 ©^
London stock
Continental stocks
ludia afloat for Europe
Egypt, Brazil, &c., afloat..
to to
-
to to
^1 O'
©
r— r-*
COCO
M
©
©
©
r—
or
1 i?
b
B
bj
a
^9
00©
M
to to
to to
h"4 sC
11
cc -1
M
Liverpool stock
B
.
moo
0
to to 0
1,9j0
11,500
28,250
6,750
2,108,589 2,029,536 1,,739.549 1,601,292
Total American
M
HM
to to
i£co
H
M©
1-4
to to
CO
1I
»-
ta©
1l co©
981
7,840
1,740
8.000
3,500
East Indian,Brazil^ dkc.—
P
'-‘ot
00
l,?2
mO
H- 05
0100
©
S
©©
to to
CO
s
to
1,950
1.400
14,020
14,480
to to
MO
1<
Continental stocks
American afloat for Europe
United States stock
United States interior stocks..
United States exports to-day..
MOO
7*'-‘co
1 ©p
0
22.100
335.250
88,000
1,250
2,510,839 2,365,407 2,103.387 1,913,792
Liverpool stock
|
66©
66
too
*-i
49,900
14.900
1.060
371,933
70,890
American—
co
CO^rfj.
! ©co
t-*t-*tO
to
K. tO o
to
c
O
0©
1
•
Total visible supply
2,100
1878.
301,000
34,230
809
7.510
35.800
16,000
1879.
317 000
54,933
Of the aoove, the totals of American and other description* are as follows:
1-4
CO to M
I ©to
©
CD Ot
*-*
MM
-16
M
O
O
>rO
c6
0
CO
?
ocoo°
h- r-‘
..
Stock in United States ports ..
Stock in U. S. interior ports...
United States exports to-day..
Cf
H-H4
1*-
CO
<J
Mr-*©
►— >-<
6ob
no
to
CH
CD
ao
CXj *4
«7 O
CO©
Total European stocks..
Egypt,Brazil,&c.,aflt for E’r’pe
j
1 ©.M
HH®
6ao
CCM
co* iw
72,30
1 ©
1 ©co
t-H-CO
r-M
M CO
§
'of)
*—>-*
to 10
»
r— «—•
r-»7
3.590
32.100
India cotton afloat for Europe.
Amer’u cotton afloat for Eur’pe
to
00 30
1—
3
».a£
*
479.400
90.700
7.610
140,000
Total continental ports
oa«
p rt*4 »
Oj
h-* M
0
0
*-<q a
r-M
M •— 3i
0
0
?»oJ
t«fc
65
CJC 05
o;
0
©HHCf
Sg
P
aSs|
gawg
qd no
HH|J
6
O O rfk. -I
494,900
.
Stock at Hamnurg
Stock at Bremen
Stock at Amsterdam
8took at Rotterdam
Stock at Antwerp
Stock at other oonti’ntal ports.
©O*
t—
r- M
w
HqdO*
®
MM
65
8,50
fi-woa
§ 0) Wp
cm
r-
r— S3
1880.
435.000
44,400
456,000
38,900
Total Great Britain stook
Stock at Havre
Stock at Marseilles
Stock at Barcelona
r
:
bales.
Stock at London
“ 'fc
^ QO
CO^
sggs
W
1
5
3 ©
^
2 -12
Stock at Liverpool
^
5:
:
4
u
III! fill
«S*i
£
*
■3
591
daring the week;
to exch. 100 Jan. for Mar.
to exch. 200 Nov. for Jan.
Newbeny. 8 C..
Raleigh, N. C....
Petersburg. Va..
Louisville, Ky...
766
1,372
640
2,228
6.392
1,152
Stock.
Week
Receipts Shipm'ts
9.160
4.452
2.421
27,498
23,175
8,322
11,547
5.095
4.500
11.620
75,353
15,472
5,357
2,430
10,161
10,477
8.705
2,857
ending if09. 26, ’80.
17.46 1
3.548
1,479
1,293
2,322
4,327
18,159
61 235
14,175
8,056
93,127 325,903
500
20,772
18,789
6,558
9.409
7,500
63,516
1,187
9.150
4,092
218
4,475
3,41 i
6.001
4,519
6,261
3,o35
3,710
3,719
17,698
17,776
773
26.809
11,723
6,215
4,657
16.683
2.923
2,559
1,945
4,697
4,342
6,007
1,153
4,106
3.439
1.305
2,924
1,992
4,395
6,04 •
1,500
11,018
1,951
1,970
8.118
3,597
Stock.
2,769
1.482
750
14,226
12,3*3
12,255
34,048
10,152
99,468
93.883 247,911
997
997
677
1,141
1,893
1.581
2.060
1,4*5
2,900
1,197
1,238
2,501
4,141
6.384
4.216
3,6 59
1.095
877
926
1,851
1,1* 5
96*
736
926
969
1.088
2,700
482
4,030
767
5,176
686
1)61
753
674
Houston, Tex....
17,945
16,554
21,387
23,199
27.266
23,201
Total,
26,522
24,313
41,157
31,982
34,653
36,565
Little Rock, Ark.
Brenham, Tex...
new
ports
138,794 117,440 367,060
Total, all
This year’s figures estimated.
2,223
131,450 128,536 284,476
...
*
The above totals show that the old interior stocks have in¬
creased during the week 19,145 bales, and are to-night 77,992
bales more than at the same perVd last year.
The receipts at
the same towns have been 12,804 bales more than the same week
last year.
following table isL
prepared for the purpose of indicating the actual movement eh- ell
to exch. 300 Dec for Apr.
•20
to exch. 100 Jan. for Feb.
week from the plantations. Receipts at the outports are some*
*75 pd. to exch. 100 Dec. for Apr.
times misleading, as they are made up more largely one year
The Visible Supply op Cotton, as made np b7 cable and than another, at the expense of the interior stocks. We reach
telegraph, is as follows. The Continental stocks are the figure therefore, a safer conclusion through a comparative statement
of last
Saturday, but the totals for Great Britain and the afloat like the following. In reply to frequent inquiries we wil add
for the Continent are this week’s returns, and consequently that these figures, of course, do not include overland receipts or
brought down to Thursday evening; hence, to make the totals the Southern consumption; they are simply a statement of tha
complete figures for to-night (Nov. 25), we add the item of export- weekly movement from the plantations of that part of the crop
from the United States, including in it the exports of Friday only; which finally reaches the market through the out-ports.
’
to exch. 100 Dec. for Mar.
Receipts
from
the
Plantations.—The
692
THE CHRONICLE.
.
and
RECEIPTS FROM PLANTATIONS.
Receipts at the Ports.
Week
Hiding—
9
Sept
i.l
16
II
23
33
II
1879.
1879.
1880.
1881.
1870.
1830.
1831.
30.0 n
oi.r.7
70.812
14.563
42.9 8
35,010
04,897
78,'03
23,890
25,550
33,091
40,774
61.000
S2.268 115.230 108.104
87,191 144,0)7 159,328 ’. 38.499
52.207 78,735 10 \331 178.736 189.047 150,839
08.913 103.080 i 32,073 180,114 223,44 198.440
813227 121,89 < 189. ICO 191,028 229,170 221.2 42
M
11
a
18
162.303 172.221 132,093
109,R)> 100.094 170.810
781.714 210,367 185,056
<'14,401 230,311 •84,53!
215.C13 251.330 203,241
223.0-7 251,763 210.085
220.216 215.842 224,420
218.10S 250.018 224,837
ii
25
aio.ua 205 1 >v> 221.870 204.183 247 911
II
14.....
ll
21..
II
...
23.;..
Nov.
4
Rec'pts from Plant 'ns.
1881.
70,038 1C2.695 92,052
127.7*>0 130,413 110.433
7
Oct.
«
.....
Stock at Interior Ports
1880.
56.125
05.99 152.705 190,095 2i9.2i7 2 7.211 211.407
113.735 179,670 218,150 265,355 2*1,741 225.296
133,905 204.759 254.038 243,257 270,851 253 473
187.120 227,135 285.408 •73.437 2138,218 254,890
218.998 242.320 300.758 ’50,2-0 271,809 240 187
825,013 291337 210,777 241.021
Tho above statement shows—
1, That the total receipts from the plantations since Sept. 1 in
1881 were 2.348,881 bales; in 1SS0 were 2,546,684 bales; in 1879
were 2,391,880 bales.
2. That, although the receipts at the out-ports the past week
were 221,876 bales, the actual movement from plantations was
241,021 bales, the balance going to
increase the stocks at
the interior ports.
Last year the receipts from the planta¬
tions for the same week were 210,777 bales and for 1879 they
were 294.337 bales.
Weather Reports by Telegraph.—Rains are reported in a con¬
siderable portion of the South the past week, and killing frost
in almost every
State.
Galveston, Texas.—It has been showery on three days of the
past week, the rainfall reaching twenty-seven
hundredths of
inch.. Ice formed this week in five-sixths of the State, and
plant is killed.
an
the
Average thermometer 51, highest 78, lowest 38
Tndianola, Texas.—We have had showers on four days of
past week, and the roads are again in bad condition. We
killing frost on two nights, and ice formed on two
nights during the week. The thermometer has ranged from 22
to 82, averaging 53, and the rainfall reached one inch and four
the
have had
hundredths.
Dallas, Texas— It has rained on two days during the past
week, the rainfall reaching one inch. We have had killing
frost
on
week.
two
nights, and ice has formed on two nights of the
averaged 47, the highest being 75
The thermometer has
past week, the rainfall reaching one inch. We have had killing
frost on two nights and ice has formed on two nights during
the week. The thermometer has averaged 43, ranging from
past week, and the balance of.the week has been pleasant. The
rainfall reached one inch and;forty-nine hundredths. Average
thermometer
59, highest 80 aiid lowest 29.
Few Orleans, Louisiana.—It has rained
on
four days daring
week, the rainfall reaching two inches and fifteen hun¬
The thermometer has averaged 57.
Shreveport. Louisiana.—The weather has been generally
oold and stormy during the past week. The river has risen one
foot and one inch. Navigation is good to Fulton. The ther¬
mometer has ranged from 23 to 78, averaging 45, and the rain¬
the past
dredths.
one
inch and fifty-six hundredths.
Vicksburg, Mississippi.—We have had rain on five days
during the past week. Ice formed in this vicinity on the 24th,
and The weather is still very cold.
Coluhtbus, Mississippi.—It has rained on three days dar¬
ing the past week, the rainfall reaching two inches and thirtyfour hundredths. The thermometer has averaged 55, the high¬
est being 74 and the lowest 33.
Little Rock, Arkansas.—The weather during the past week
has been cloudy on five days, with rain on two days, the rainfall
reaching two inches and one hundredth. The remainder of the
week has been cold. The thermometer has ranged from 21 to
71, averaging 38.
\
Nashville, Tennessee.—Telegram not received.
Mobile, Alabama.—It has rained on four days during the
past week, the rainfall reaching sixty-seven hundredths of an
inch. Ioe formed in this vicinity on Thursday night. Average
thermometer 56, highest 78, lowest 27.
Montgomery, Alabama.—We have had rain on four days
during the past week, the rainfall reaching one inch and eightyone hundredths.
We have had killing frost on two nights of
the past week. Ioe formed in this vicinity on the last two nights.
It is believed that about all the crop has now been secured.
Average thermometer 53, highest 78, lowest 32.
..Selma, Alabama.—We have had rain on four days of the
past week, and the balance of the week has been cloudy. We
nave had killing frost on two nights, and ice formed on one
night during the week. Planters are sending their crop to
market freely. The thermometer has averaged 56, and the
rainfall reached one inch and thirty-nine hundredths.
Madison, Florida.—Telegram not received.
*Macon, Georgia.—It has rained on four days during the past
!
•’
■
There are no new features to note in crop accounts.
About all
the crop has now been secured, and is being rapidly marketed.
The thermometer has ranged from 32 to 78, averaging 54, and
the lainfall reached one inch and sixty-eight
Atlanta, Georgia.—It has rained on three days of the past
week, the lainfall reaching one inch and seventy-seven hun¬
hundredths.
dredths.
The week has been
generally unfavorable for farm
The thermometer this morning registered 18.
operations.
The
averaged 48, ranging from 32 to 59.
Charleston, South Carolina.—We have had rain on four
days during the past week, the rainfall reaching one inch and
eighty-three hundredths. Average thermometer 68, highest 80
thermometer has
and lowest 39.
The following statement we have also received by telegraph,
showing the height of the livers at the points named at 3 o’clock
November 24, 1881, and November 25, 1880.
New Orleans
Memphis....
Nashville....
Shreveport...
Vicksbure...,
.
Nov. 24. ’81. Nov. 25. *80.
Feel. Inch.
Feet. Ineh.
11
2
1
8
.Below high-water mark ..
9
7
7
.Abovelow-water mark... 25
3
7
13
9
.Above low-water mark...
10
3
8
.Abovelow-water mark... 17
11
Above low-water mark... 30
Missing.
New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
mark of April 15 and 16, 1874, which is 6-10ths of a foot above
1871, or 16 feet above low-water mark at that point.
Weather Record for October —Below we give the rainfall
and the thermometer record for the month of October and pre¬
vious months of this year and last year.
The 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
the records kept by our own agents.
Mav.
I 1881.
Rllilfdll.
1
NOUFOIifC.—
Rainfall, in..
Days of rain.
Rainfall, in..
Days of rain.
Cn ABLEST'N—
Rainfall, in..
Days of rain.
Rainfall, in..
Days of rain.
|
ugust.
A
July.
June.
Srptmb'r.
October.
1880. 1881. 1830. 1&81.1 1880. 1881. 1880. 1881. 1880. 1331. 1880.
1*49
17
Wilmingn.—
o*&J
0
3*74
14
5*94
10
0*47
13
7*84
15
1*74
7
0*01
10
2*67
8
4*07
0*93 12*40
10
30
9*20
10
4*99
7
8*79
3*50
1*20
10
9
5
8
2*43
11
3*00
7
6*28
2-11
9
1*84
5
3*48
0-48
5
0*90
4
1*47
10
2*18
5
4*99
7
5*77
14
7*25
14
3T7
11
5*49
10
4*89
9
159 0*19
10
1-35
2*98
8
2*11
12
1*54
8
3*46
5*98
17
4*82
15
5*10
701
8
1*04
8
8*33 20
08
a
3*83 .3*22
3*21
5*98
11
2*97
4
8*77
10
7
Atlanta.—
12
6
19
* I
•
.
11
Rainfall, in..
Days of i*aln.
115
5
4*20
7
2-30
530
8
0*74
4
2*47
5
0
8
10
5
SAVANNAH.—
Rainfall, in..
Days of rain.
0-83
2*53
2-90
11
9*03
14
3*09
14
12
4*05
11
2*72
10
6*58
11
7*24
19
3*94
8
0*91
11
1*25
0
COLTTMBS, Ga.
Rainfall, in..
Days of rain.
337 11*84
5
5
597
8
0*45
2
3*90
3*43
7*19
9
2*99
10
0*01
8
3*53
4
4
4
2*23
2
8*25
0
1-00
3-23
1*41
0
1*67
0*30
6*73
2*90
8*01
4
7
7
10
3*00
5
1*75
4
2*97
10
3*71
1
4-47
7
1*08
4
3*05
2*35
0
1*40
3
315
2*12
7
6*35
1*72
4
5* 12
5
3*32 2*95
4
5
Rainfall, in.. 2-01
8
Days of rain.
Cedar Key3.
Rainf 'll, in.. 2-25
5
Days of rain.
Montgom’ry.
Rainfall, in.. 1-41
11
Days of rain.
0*24
2-82
5*94 10*23
17 l
16
8*98
O
3*00
13
70
i:
4*58
18
5*21
13
2*87 1M6
17
14
4-9-4
12
1*09
2*08 19*45
16
12
7*41
10
4*20
5
1*25 10*87
13
7
7*07
14
3*04
4*41
15
4*49
7
2*83
10
2*72
8
2*06
12
1-44
8
5*62
10
4*76 11*71
15
13
7*04
19
383
9
7*3*8
320
10
7*48
19
4*84
15
’if
MAOON.—
Rainfall, in .
Days of rain.
Rome, Ga —
Rainfall, in
Days of rain.
.
MOBILE.—
Rainfal 1, in..
Days of rain.
■
Vicksburg.-
Rainfall, In..
Days of rain.
Little Rock.
Rainfall, in..
Days of rain.
Nashville.—
Rainfall, in..
Days of rain.
5
Galveston.—
Rainfall, in-
Days of rain.
•
INDIANOLA.—
Rain fall,in..
Days of rain.
5
19
0*90
8
2*18
3*17
14
4*85
11
5*08
11
2*77
15
0*55
14
2*84
0-43
20
0-97 11*22
21
15
4*21
9
4*00
18
4*47
18
8-03
13
3*21
12
0*33
2-74
10
3*17 10*5’?
0
13
0*49
0
1*21
7
5*90 11*01
r*
10
1
8'80
2*30
0
1*30
5T0
1*90
7*50
0
9
5
11
4*80
0
ivi»0
4
3 00
10
220
8
5 12
12
322
9
8*82
3*77
09'
3
469
11
025
7
522
7
4*82
0
9*02
14
4*34)
5*99
8
1*94
030
4*80
2*53
10
o:
13
5
5*67
12
0*11 10*51
4
9
17
409
17
8*24
8
0*17
33S
2*16
12
0
3*23
6
1*12
5
5*58
13
1*93
4
5*00
10
3*07
4*13
8
370
10
395
12
0-80
0
5*69
12
1*31
12
2*22
16
0*49
9
5*39
13
4*74
11
TM
10
2-80
19
3*82
8
2*83
14
400
12
0*89
0
2*14
12
1*97
12
3*08
14
3*84
8*47
17
322
7
5*20
9
8‘5f
13
4*09
8
0*09
4
8*33
SJ
4*9?
14
2*48
14
5*98
13
1*62
12
3*00 10*20 10*83
21
3)
11
>90
5*9!
3*43
t
0
13
3
9
8
Memphis.—
Rainfall, inDays of rain.
17
4
9*10
Shreveport.
Rainfall, in..
Days of rain.
FAYETTE,Mis^
alnfail, in..
Days of rain.
COL’BUS, Miss.
Rainfall, in..
Days of rain.
5
8*70 11*80
16
10
N. Orleans.—
Rainfall, in..
Days of rain.
*
12
-
JACKSONV.—
^“weck. We have had a killing frost this week. About three-
quarters of the crop has been marketed. Average thermometer
62, highest 74 and lowest 23v Columbus, Georgia.—We had rain on two days during the
early part of the past week, but the latter poitiou has been clear
'
-
had heavy general rain on five days
during the early part of the pad week, and the latter portion of
the week has been clear and pleasant.
We had heavy frost
this morning, and to-day is the coldest of the winter thus far.
Augusta, Georgia.—We
Augusta.—
30 to 80.
fall reached
Ice formed in this" vicinity on Thursday night.
pleasant.
The thermometer has averaged 53, ranging from 39 to 73. The
rainfall reached one inch and fifty hundredths.
Savannah, Georgia.—We have had rain on two days of the
and the lowest 28.
Brenham, Texas.—We have had rain on three days of the
[Vot. xxxin.
11
4*60
11
4*92 15*22
8
19
:
....
12
273
*
....
....
13
13
4*31
7
4*01
0
9*60 \576
10
8
4*07 2*84
11
8
11
14
6
a
2-01
10
CORSICANA.—
Rainfall, in- 14*33
14
Days of rain.
3*06
11
3*15
7
*2*"
8*48
9
....
8*75
8
4* 8
11
0*rx>|
10
7*45
0*51
11
11
17
2*86
8*43
0*21
4
0*58
7*71
10
|1
4*03
10
0
11
rso
1
5
8*21
5 20
20
...
1*03
4
November 26,
Highest.... !
Lowest.....
Average...
.
.
I
Lowest
.
Average...
.
AUGUSTA.—
Highest....
Lowest
.
.
Average...
.
Highest....
.
Lowest
.
Average...
.
UAVANNAH.-
Oolumb’s, Ga
Highest
92*0
461
70S
961 1001
691 6>( i
78* J 761
oil
60*(
73U
891
531
78*1
09-2
581
75*1
89*0 101 a
601 62*3
78*4 81*7
931
621
71*5
801
675
74-2
.
; 90 0
64 0
.
801
Highest
02-0
99*o|
621
031 i
79*t
80*i
70'Oj 70*6
901
021
801
031
651 »
79-4
94*0
623 i
96*B 100 C 1031
641 0 *( 071
818 606 83*3
971
711
831
October.
1681 1880 1881 1880.
021
951
61*01 621
68*<
70 (
581
741
Septembr
041
.re
R9*()
96*(
54C
71*.
401 )
064i
82 0
89 0
60*0
891
541 i
721
821
451
65*9
901
8M
79*4
911
511
741
48S
701
30*0
640
951
911
88*0
841
800
071
70*7
641
70*4
011
7T0
sionea
471
69*1
48*(
081
40*0
00*8
921
091
81*2
921
071
80*0
901
58*0
75* l
861
531
72*4
811
441
65*7
951
070
601
92*0
9l*0
88*0
09*0
57*0
501
831
751
771
80*0
471
081
071
691
811
931
0 1
81*4
921
99 C 102*8
60 0 641
81 0 fc4*2
961 100*1
091 60*1
82*S> 80*2
901
671
80*1
901
64*4
021 1001
951
641
78*5
981
081
80*7
441
960
570
71*3
77*5
89*0
501
90*0 100*0 101*6
661 63 0 711
821 81*0 847
83*1
90*3
001
80*3
981 102*0
08*0
901
71 0
041
75*0
841
861
701
82*0
601
81*2
73*7
861 1001
581 701
72*0 861
78 0
860
52*0
730
961
62 0
800 .801
010
861
99*0
68*0
071
701
950
841
94*C
51 *f
...
...
731
...
831
881
63*4
941
060
040
660
961
51*0
731
86*0
451
700
911
641
77*7
951
86*0
861
701
561
77*2
40*0
421
08*3
841
96*0
701
81*6
93*6
701
81*2
941
60*0
911
621
70*9
981
541
851
401
801
74-3
69 0
P4*0
711
82*0
931
931
701
80*-*
941
6*0
80*7
910
64*0
78*7
891
571
75*0
491
70*0
92*0 106*5
49*0 612
76*7 820
980 106*9 1001
631 051 69*0
80 1 842 81*9
96*8
67*7
81*1
071
921
531
921
701
96*4
56*0
80*5
77*8
73*0
87*0
48*7 881
71*2 105*0
90*0
631
75*3
998
64*0
950 100*8
631 69*2
80 2 83*2
081
711
801
960
68*1
81’b
061
701
81*5
001
581
79*3
921
571
75*2
891
51*0
73*5
860
42*0
66*7
89*6
881
970
74*5
81*7
82*5
711
811
921
63 0
80*1
noo
631
76*8
881
71 5
021
71*0
021
581
761
94*8
78*6
84*4
94*2
601
75*2
840
521
68*0
92*(
53*i
72*4
661
.
971
62*0
83*0
081
780
801
941
670
79C
Bomb. Ga.—
921 101*0
621
721
441
72*3
960
66 0
736
59 0
771
60*0
Highest
96*0
Lowest
631
75*
95*0
58*0
991 100*5
(36 0 690
990
700
83 8
Highest.....
•
Lowest
.
Average
900 100*0
650 61*0
....
....
....
JACK SON V.—
Average....
Cedar Keys
731
011
01*0
Lowest
661
600
76*2
Average....
Montgom’ry
Highest
761
Lowest
961
661
.Average
761
832
810
970
701
820
701
82*0
37*0
641
00*8
•
Highest
93*0
681
82*4
941
651
808
941
69*0
83*1
69 0
81*8
86*0
Mobile.—
Highest
941
681
Lowest
Average
ILQrleansHlgbest
Lowest
Average.
Shreveport.
Highest
„
761
77C
830
830
83*8
941 1011
58*0 471
701 77*7
870
56*0
72 3
99*0
08*0
81*7
90 0
64 0
76*8
98*0
72 0
81 1
92*0 100*0
650 680
70*3 812
89*6
640
76 6
93*0 841
48 o: 523
76 8 70* 1
....
....
99 0
78 0
87 0
77*0
93 0
840
931
031
831
87*0
60 0
751
861
51*0
74*0
98*0
72*1
High st
891
Lowest
bill
Aver
73-8
COL’Brrs, Miss
Highesr
....
....
Lowest
Average.
....
....
57*5
901 105*0
641 081
80*0 86*9
911 101*6
541 66*0
me.....
001
090
801
930 105*0
63 0 68*5
78 0 88*8
021
621
771
Lowest
....
....
1001
74 0
890
•
....
....
T
,
,
851
431
64*0
T
....
....
Vicksburg.-
Highest......
Lowest.
Average
941
621
76*8
031 100 0
620 090
762 81 5
04*0 100*0
63 0 020
78*5 84 8
07*0
64*0
80*7
991
7)1
84*0
051
80*1
03*0
511
77*7
911
52 0
71*9
901
451
711
890
431
03*7
861
681
890
441
731
941
62 0
781
001 100*0
59 0 02*0
750 81*0
941 102*0
621 651
7yc 830
901
001
73*0
981
4*31
701
RSI
4*1
071
921
391
001
81*0
351
001
91*5
61*0
70*7
001
400
74*2
97 5
66*4
787
93 0 101*2
63 0 60*4
77 9 82*0
051 103*2
501 641
78*4 83*1
051
021
79*4
98*2
40*0
75*6
881
431
08*2
89*0
42*8
60*5
871,
92*0
691
74*1
911 1001
431 031
750 816
80*0
901
Little Rock.
Highest.
Lowest
Average
*1
Nashville
—
Highest
Lowest
Average
791
59*0
Memphis.—
Highest
Lowest
Average
Galveston
96 0
59 0
09*0
071
77*o
83*2
951 102*0
631 4 81
79*2 83*7
051
54*0
73*7
931
5*3 0
70*7
89*0
48*0
68*6
891
451
08*3
92*0
700
84*0
921
091
83*1
931
73*5
84*0
931
701
83*0
011
061
83*2
911
621
7o1
871' 831
591 52*0
7ri 09*0
96*1
75*8
84*0
94*0
690
93*8
72*1
83*0
951
071
81*9
02*5
641
80*4
93*0
631
791
88*0
55*3
7ri
970 108*0 1001 1031 LOOO
641 091 631 731 591
80 51 *5*7 R21 87*0 82*4
991
491
78*0
981
>
641
Average
77*5
m
041. Wl*0
730 680
7? 7
860
932
64*2
777
011
68*0
951
70 8
031
02 0
781
850
ea-9
031
070 [041
641 660
7Bl| 862
81*5
Highest
Lowest
Average
82*7
Lowest
610
Average
76*8j
*
This station has been removed to
shall receive reports shortly.
511
74*hJ ....1
occa-
disappointment amongst the “bulls”;
especially as monetary affairs suddenly took a very threatening
turn: there being apprehensions of a further advance in the
Bank rate, which has already been raised to 5 per cent.
The
consequence was a general rush to sell (notably between the 4th
and llth of the month); and a decline of 5-16d. in the lower,
and %d. in the medium, grades of American on the spot, 7-16&,
for October deliveries, ana
3-16d. to 5-16d. for other futures.
The fall freightened the weak holders of Octobers, and they
almost tumbled over each other in their efforts to “get out.” A
very pessimist view was taken of the immediate future of the
market, owing to the troubles which it was expected would arise
ont of the decline which had taken place in prices., and to the
difficulties which it was anticipated would, with dear money,
be experienced in financing. Middling upland' on the spot
sank to 6%d., and October deliveries were sold freely at 6 3-16.,
| with a few transactions in “back dates” at 6%&., and.it was
confidently expected that 6d. would be seen before the close of
the mont
eanwhile, business in Manchester was
active, the fall in the price of cotton causing producers to sel
freely at only a trifling decline from previous rates. This led
to active buying here, and much of the cheap Octobers were
purchased by spinners. Moreover, the low prices brought in a
new set of speculators with ample monetary facilities.
The
result was a decidedly firmer tone on the 12th and 13th, and a
recovery of 5-32d. for Octobers, and 3-32d. to %d. for other
positions. A further deluge of tenders caused a reaction of
%d. to 3-16d. between the 13th and 18th, and once more Octo¬
bers were selling at 6 3-lGd., but the fall was recovered in the
course of the subsequent week;
the quotations on the 25tli
being 6 7-16d. on the spot, 6%d. for Octobers, and Gybd, to
6%d. for distant cotton. Since then there have been numerous
slight fluctuations, but very little net change; the final prices
being about the same as those current on the 13th uIt., say
6 7-16d. for spot, 6 13-32d. for near futures, and 6 9-16d. to
6 ll-16d. fcr more distant positions, which may be accepted as
being about the rates which would have been witnessed in Sep¬
fairljr
tember without the influence of any squeeze.
Compared with the rates ruling in the afternoon of the 30th
iptember, the prices current to-day show a decline of %d. in
>od ordinary, %d. to %d. in low middling, ll-16d. to 13-16d.
middling and good middling American, l-16d. to %d. in
Brazils and East Indian, but an advance of %d. in brown, and
artially xAd. in white, Egyptian.
The
id of
following is an account of the principal fluctuations since
September in the price of middling upland on the spot
00*3
86*0
46*0
69*3
00 RSI CANA*—
Highest
This
phrase is) in October,
considerable
821
541
Indian ola.—
we
the
going to unload (asi tne
—
Highest
Lowest
COURSE OF THE LIVERPOOL MARKET, OCT. 1 TO NOV. 10.
The transition from the inflation occasioned by the Septem¬
ber “ corner” to the level of values justified by the position of
cotton on its own merits, caused the market to be very ui settled
at the opening of October.
Daring the first eleven days,
891
611
7»*fc
70*1
901
021
78*t
691
761
593
although a fair amount of business was done, the tendency of
prices was rapidly downwards, owing to the pressure to sell
occasioned by the heavy tenders made against October deliver*
ies. An impression haa existed that the operators interested
in the September squeeze would not allow prices to run down
much in October, and confidence in this belief was well main¬
tained daring the first two or three days of the month; but
subsequently it became apparent that the September operators
031
60*(
77*4
791
.
.
Average....
.
031
541
we
•
AVffWt.
1880 1831 .(H80
67*1
93-5
.
Lowest
Average....
MACON.—
Lowest
.
*
Highest....
Lowest .....
Average—
July.
1830 1881
were
ATLANTA.—
.
.
001> 1011 1021 1021
491
.
1881
981
461
734
921
.
.
Average...
WlLMINGTOX
Highest....
1880
1SS1
JJORFOLK.—
Highest....
Lowest
CHARLBRT’N
June.
May.
thermometer.
THE CHRONICLE.
1881.]
80*0
411
63*0
Palestine, Texas, from which point
Spot.
Oct.
Oct.- Nor.- Dec.- J'n.- Feb.- Mar.
Nov. Dec. Jan. Feb. Mar. Apr.
Apr. Hap-
1* no-
May. J'ne. July.
6k
6k
6k
6%
6_173, 69ie 6 8r Sk
0h6 Shg H732 H&32 6cie 63s 6*332 6*®32
<>716 6**32 6&is 63s 6716 6k 6*732 6® is 6**3
6k
6*16 «o16 «732 6k 6®,6 689 6*332 6*53
6*®32 6l782 6*932 6k
*’Jie 638 6% 61**3
67i6 6®32 69-*2 0»32 63* 6*832 61 <>32 6k 6*732
6%
6^3. 6,332 6*,l32 61633 6*732 6*16 6*®32 68*32
c>k
6k
6k
6**S2j6*332 6716 eke 6k
H1&32 6*732 691S «k 68132
6*832
6*332
S316
67ie
67i6 167is 61532!6k 6*‘32 61§32 6k
7k
6k
631*2
6*°32 6lT33
6k
6**16
>k
6®16
635*89 <6k
6*832 6k
6**1, t>8;ka
6*7g2_«®*«
6**iee *»k.
63*33 6** is
COURSE OF THE MANCHESTER MARKET, OCT. 1 TO NOV. 9.
following remarks accompany the month’s reports for
The
month opened tamely, and for a fortnight or sq there
October, 1881..
were
no
indications of the renewed activity which had been
Augusta, Ga,—Month noted for fine clear weather and
general dryness daring first half. No frost daring month.
Atlanta, Ga.—Light frost on 4th inst. with temperatare low
enough for killing frost; bat other circumstances were not fav¬
rent makes of shirtings. The fall in prices led to more inquiry
orable and but little damage resulted.
and brought ont many orders previously kept back. During
Cedar Keys, Fla.—Very dry daring the month.
"^Montgomery, Ala.—No rain fell from the 2d to the 21st the past three weeks, therefore, a very good business has been
done, the generally quiet appearance of the market notwith¬
inclusive, all conditions favorable to cotton crop, however,
standing,
and fully half of the decline just quoted is recovered;
Vicksburg, Miss.—No frost daring the month.
Nashville, Tenn.—The first frost of the season occarred on the final rates being only %d. in the mecfiam coants of yam
the- 2l8t, and was “ killing.” The crops generally throughout and partially l^&d. per piece in 7 lb. to 8% lb. shirtings lower
the. State are now in fine condition, recent rains having made than the prices current at the end of September. The market
closes firmly, and producers are mostly under contract until the
much improvement.
Memphis, Tenn.—The first frost of the season occarred on new year.
the 20th, and was severe enough to injure vegetables.
MOVEMENTS DURING THE SEASON, OCT. 1 TO OCT. 81.
Indicunola, Texas.—Several storms passed over this station
The deliveries to English and Continental spinners during
dating the month. They did no damage so far as known to the first month of the season compare as follows with the
.the; observer.
figures for the corresponding period of last season:
The
Sand
Article
in
on
Cotton.—In
this
ShusoN
onr
editorial columns will be found
Bubject which will interest all
onr
an
readers.
& Co.’s Circular for November.—We have this
No. of bales..
week received Mr. Ellison’s circular, dated November 10, and Av.wgbt (lbs)
takje frqm it the following review of the coarse of trade since Tot-wght(lbe)
Bales of 4Q0
fcisiprevioos circular.
Great Britain.
1881-82.
Continent.
->
1880-81.
1881-82.
129,720
1830-61.
130,160
309.950
434
248,450
437
441
.897
134,518,300
108,611,980
53,314,920
51,673,520
836.000
271,000
183,000
129,000
THE CHRONICLE.
P 584
rate of consumption we estimate at 70,000 bales
of 400 Fbs. per week for Great Britain, against 66.0C0 last year,
and at 68,000 bales and 64,000 bales respectively for the Conti¬
nent.
Last year’s figures are altered, in accordance with cor¬
rections made subsequently.
On the basis of the foregoing estimates the movements for
the four weeks of this season and last compare as follows, in
bales of the uniform weight of 400 lbs.:
Continent.
Great Britain.
1881-82.
1880-81.
27,000
1881-82.
240,000
133,000
1880-SI.
112,000
1877.
1878.
1879.
rot.Oe.31 1,249,906 1,426,796 1,222,135
978,112
46,514
37,897
30,704
27,243
8.
21,848
46,140
38,310
30,902
30,961
27,896
29,682
23,380
44
2....
44
3....
29,104
27,151
35,983
44
4....
40.236
44
5....
31,603
33,538
41,655
55,664
44
6....
S.
29,924
44
7....
46.365
34,304
8.
49.349
40,193
28,502
34,908
43,978
35,842
8.
27,281
31,966
46,584
32,849
Nov. 1
44
8....
44
9....
44
10...
40,389
33,590
38,169
29,130
8.
8.
27,149
53,835
8.
29^,000
264,000
373,000
232,000
241,000
44
Consumption, 4 weeks
361,000
280,000
216,000
44
13...
S.
81,000
34,00<-
141,000
25,000
44
14....
36,748
8.
43,440
33,448
24,002
22,793
in
bales
include the
32,276
36,503
26,915
28,463
44
15....
35,669
49,862
35,631
35,647
32,005
44
16....
41,557
S.
26,421
28,026
44
17....
8.
31,603
18....
31,535
34,094
38,465
44
41,244
25,136
56,910
30,309
8.
60,435
36,808
32,690
27,534
34,100
39.097
23,170
8.
61.110
27,553
26,413
51,249
36.435
31,993
26,574
38.871
46,867
23,003
36,402
23,318
33,742
18,906
44
19....
44
20....
44
21....
44
22....
44
23....
.
28,335
S.
40,619
34,394
26,970
24,481
,
21,906
8.
8.
32.833
26,138
51,779
38,451
12...
35,041
32,587
26,392
44,599
37,082
35,431
27,908
271,000
4411...
8.
912,128
28,119
44,314
31,771
36,213
22,037
34,522
22,876
25,000
336,000
129,000
1876.
678,959
31,773
29,165
33,775
8.
Surplus stock, Oct. 1
Deliveries to Oct. 31
Surplus stock Oct,. 31 .
The surplus stocks at the mills are, therefore, about 222,000
bales for all Europe, against 69,000 twelve months ago-show¬
ing an excess of 163,000 bales, of which 47,000
are
Great Britain and 116,000 on the Continent. As stated in pre¬
vious reports, the Continental surplus stocks
cotton
held at sundry small ports and at interior depots not enumerated in our tables.
The deliveries to American spinners in September and October
amounted to about 394,000 bales, against 313,000 last season,
'
1880.
1881.
Til* present
-
rvoi. iXXHI.
40,324
56,348
29,246
34,892
.29,611
32,724
27,890
8.
51,462
28,437
44,898
26,725
31,989
including 139,(-00, against 75,000 bales sent overland. The sur¬
S.
36.61C
35,470
29,078
25....
27,748
plus stock at the mills on September 1 was about 27,000 bales,
against 60,000 a year previously, thus giving a total supply of Total
2,053,613 2,272,500 2,008,810 1,604,125 1,352,525 1,670,109
421,000 bales, against 363,000, or an increase of 68,000 bales.
Percentage of total
The rate of consumption is probably 2,000 bales per week more
41-36
31*12
40 16
3607
38*69
port reo'DtsNov.25
than it was last season, say 16,000 bales for the two months.
This statement shows that the receipts since Sept. 1 up to
In this case American spinners hold 52,000 bales more to-day
than they did twelve months ago.
to-night are now 219,077 bales less than they were to the sam*
—Mr. Ellison, at the end of his annual cotton report, which
day of the month in 1880 and 44,703 bales more than they wer*
we published last week, makes the following reference to the
to the same day of the month in 1879.
We add to the table
book he is about publishing.
This is the same book we the percentages of total port receipts which had been received t*
referred to in our cotton report of Oct. 29.
November 25 in each of the years named.
For several years past I have been collecting materials for
India Cotton Movement from all Ports.—The figures which
a “ History of i he Cotton Market ” as far back as it is possible
are now collected for us, and forwarded by cable each Friday, of
to obtain authentic records; but the daily claims of business
have left me so little spare time that I have been able to make the shipments from Calcutta, Madras, Tatieorin, Carwar, &e.„
but slow progress with the work. I have now, however, much enable us, in connection with our previously-received report from
pleasure in stating that I hope to have the volume in the hands Bombay, to furnish our readers with a full and complete India
of the printers early in the new year. The work will contain
movement for each week. We first give the Bombay statement
a history of the market for about one hundred years, say from
1780 to the present time; and will include an account of the for the week and year, bringing the figures down to Nov. 24.
fluctuations in prices similar to the review of the past season
BOMBAY RECEIPTS AND SHIPMENTS FOR POOR YEARS.
contained in the present report. It will give also an account of
Receipts.
Shipments since Jan. 1.
Shipments thxs week.
the various political and financial occurrences, whether at home
Since
This
Conti¬
Great
Year Great Conti¬
or abroad, which have, from time to time during the century,
Total.
Total. Britain nent.
Jan. 1.
Week.
BriVn.
nent
influenced the course of the market, together with particulars
of all the great speculative movements which have periodically 1881 1,000 11,000 12,000 334.000 580.000 914,000 19,000 1,258,000
44
24....
44
8.
60,920
44
enlivened or depressed the trade. To the volume will
attached a Statistical Appendix, containing particulars of
_
be
the
1880
1379
1878
2,000
1,000
3,000
4,000
2,000
3,000 362.000 508.000
6,000 254,000 364.000
3,000 322,000 398,000
018,000
9.000 .1,127,000
846.000
4,000
720,000
7,000
870,000
891,000
supply, consumption ana stocks of cotton for the century; and
forth© greater part of the period, say from 1805 to the present
According to the foregoing, Bombay appears to show an
time, there will be tables containing particulars of the weekly increase compared with last year in the week’s receipts of 10,006
sales, imports, stocks, prices current, &e., in Liverpool, similar
bales, and an increase in shipments of 9,000 balas, and the
to the statement given on page 8 of this report.
Jute Butts, Bagging, Etc.—There has not been any change shipments since January 1 show an increase of 44,000 bales.
in the market for bagging since our last report, and but little The movement at Calcutta, Madras, Tuticorin, Garwar, &e., for
business iH being transacted. The only orders are for jobbing the same week and years has been as follows.
wants, and a few hundred rolls have been disposed of. Prices
CALCUTTA. MADRAS. TOTIOORIN. CARWAR. RANGOON AND KURRACHBB.
continue as last quoted, and holders are quoting 9c for 1^6 ibs.,
Shipments since January 1.
10c. for 2 ibs., and 11c. for standard qualities; but the feeling
Shipments this week.
is easy and in buyers’ favor. Butts have not been so active, but
Year.
Conti¬
Great
Conti¬
Great
Totai
Total.
there is a fair amount of stock disposed of, and we hear of
Britain.
nent.
nent.
Britain.
3,000 bales for which a full price was paid. Sellers are very
298,OOP
218,000
80,000
3.000
2,000
1881
1,000
firm, and we do not hear cf any shading being done, and the 1880........
297,000
213,000
84,000
5,000
market closes with 2%@2 13-16c. for paper
grades and 2>4#3c.
for bagging qualities.
Comparative Port Receipts and Daily Crop Movement.—
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 oar other standing
tables a daily and monthly statement, that the reader may
constantly have before him the data for seeing the exact relative
A
movement for the years named. The movement
since September 1,1881. has been as follows:
Tear
Monthly
Receipts.
1881.
1880.
1877.
1878.
288,848
689,264
583,637
236,868
675,260
Total year 1,249,906 1,426,796 1,222,135
978,112
678,959
912,128
422,057
827,849
Perc’tage<>f tot. port
receipts Oct. 31...
458,478
968,318
24-29
24*43
95,272^
21-99
ments this
weeks and
22*59
receipts at the
ports this year were 176,890 bales less than in 1880 and
27,771 bales more than at the same time iu 1878-79. By adding
to the above totals to Oct. 31 the daily receipts since that time,
we shall be able to reach an exast comparison of the movement
for the different years.
This statement shows that up to Oct. 31 the
111,000
71,000
320,000
213,000
that the movement from
EXPORTS TO EDROPE FROM ALL
Bombay
...
Total
This
week.
Since
Jan. 1.
12,000
3,000
914,000
298,000
15,000 1,212,000
INDIA.
1879.
1830.
1881.
This
week.
Since
Jan. 1.
This
Since
week.
Jan. 1.
618,000
3,000
870,000
6,000
5,000
297,000
2,000
320,000
8,000 1,167,000
8,000
938,000
interesting comparison of the
ending Nov. 24, and for the three
This last statement affords a very
total movement for the week
15-62
*209,000
142,000
than Bombay is 2,000 bales less than sam**
For the whole of India, therefore, the total ship¬
week and since Jan. 1,1881, and for the corresponding
periods of the two previous years, are as follows.
from—
333,643
888,492
October..
2,000
The above totals for this week show
Shipments
to au Europe
1876.
2,000
1,000
the ports other
week last year.
AH other p’rts.
Bept’mb’r
2,000
i'ooo
each month
Beginning September 1.
1879.
5,u00
1879
1878
to date, at all India ports.
Alexandria Receipts and Shipments.—Through arrangements
we have made with Messrs. Davies, Benachi & Co., of Liverpool
and Alexandria, we now receive a weekly cable of the movements
of cotton at Alexandria, Egypt.
The following are the receipts
and shipments for the past week and for the coiresponding week
years np
of the
previous two
years.
THE CHRONICLE.
1881.J
KtYBtf3ER 26,
rr.
Alexandria. Egypt,
1881.
Not. 24..
Receipts (eantars*)—
1880.
170,000
This week....
Since 8opt. 1
1
1.127.550
Since
This
week.
This
week.
Sept. 1.
Since
This
week.
2,659
56,500 11,000 111.606 19,000 100.606
21,923
4,083
44,572, 6,652 40,489
Total Europe
10,659
78.423 15,083 156,178 25,652 141,095
-
„
To Rouen, per steamer Panama, 2,241
To Bremen, per steamer Hoheuzollern, 3,304
To Sebastopol, per steamer Bertie, 4.850
To Vera Cruz, per steamers City of Merida, 871
435
.*...
Aoautaris 98 lbs.
This statement shows that the
were
receipts for the week ending
24 were 170,000 eantars and the shipments to all Europe
10,659 bales.
Manchester
d.
9
30
Oct. 7
“
«
d.
“
28
Nor. 4
“
11
«
18
“
25
6
G
6
6
6
6
6
6
6
6
a)
9
9
14
21
d.
R.
9% 6
918a> 9% 6
9»s3> 9% 6
Sep.23
“
Shirtings.
9®% 6
'cb
@
9*3
9j8® '9^
9%«> 97s
9M^10
9X4® 10
The Exports
6
6
6
0
6
6
of
Tip (Is
d.
0
0
0
0
0
0
0
8.
-2)8
<3)8
®8
2>8
-2) S
@8
®8
-»8
32# Oop.
hoist.
142
Liverpool, per barks August Letfler,
Colling wood, 1.336
d.
d.
7H
67*
67ie
63s
lk>
1%
d.
67i«
938-2)1018
63q
9*4
9*4
9*4
95q
G716
G916
6Lj
6
d.
s.
9 '©7
6
7*a@7
6
6
6
6
6
6
6
6
7
8
9
9
9
H.
9*8 ® 97e
9*4 ® 97g
9*8 a> 93i
9*4'd) 97e
930 ®10*8
77i6
OolCn
Mid.
Shirtings.
@10
@10
@ 978
®10
9
-2)7
@7
-2>3
@8
-2)8
-@8
d.
@8
0
6i3l6
6H16
Lord
67l6
O11i0
The
form,
an
O
Liverpool
Other British ports
Total
501
Great Britain
Nov.
5,198
2 672
200
9 037
85 79,7
11 ~ onn
“459
2,809
4,090
......
16.
Nov.
23.
3,837
5,198
2,872
9,496
Havre
Other French ports
2,572
598
901
575
Total French
2,572
to
since
Sept. 1.
1,245
2,173
Philadelp’a
2,000
Bremen and Hanover
....
Hamburg
Other ports
Total to North. Europe
12,720
14,510
915
300
200
10,203
9,707
14,101
1,142
100
630
358
349
34
1,639
2,339
1,523
1,242
1,337
949
21,549
26,356
200
537
460
951
200
537
1,411
1,023
Spain. Op-'rto, Gibralt’r,&e
All other
f
Total Spain, Ac
Okavd Total
7.932
7.038
Below
are the
Receipts
from—
Orl’ans
New York.
This
Since
week. Sept. 1.
6,851
Texas.... 4,367
8avannah 10,127
Mobile.
Florida..
333
8. Carolina 8,575
NCaFlina 3,731
Virginia.. 7,977
North, pts
39
Tetm., Ac.
foreign..
This year.
Last year.
Philadelphia.
This
Since
week. Sept. 1.
This
Since
week. Sept.l.
9.916
Cotton
2,457
sail...d.
5,395
1,602
19,876
40
934
******
45,035
6,391
30,732
389,883 11,735
••••••
Do
88,573
8,99*4
7,459
36,543
5,992
i’,i*99 10,831*
*5*62
5,241
3,656 26,381 12,402
80,952
1,789 19,340 11,650
1,2 0
......
......
i.665
......
......
690
5,053
1,665
7,660
......
......
......
1,250
......
8,109 15,667
5,450
6,563
1,996 124,128
from Galveston, whicli arrived at Liverpool
Mon.
Tues.-
Wednes.
*32® *4
*32 ® *4
*32® J4
■*
....
....
....
....
7ia*
716*
7ie*
7ia‘
....
....
Thurs,
Pri.
7J4*
sall...d.
....
.
•
....
•
.
.
..
....
7ia
....
r
*3
7i§
....
•10
9ia
•
•
•
....
....
....
30
....
30
....
....
•
•
• •
*
■
•
....
•
30
30
....
7li
W
....
*16
••
•
d.
e.
.
•10
....
3s/a>7ia
7ia
716
•
....
....
38«)716
c.
sail
follows:
*
sail...d.
Do
as
•
....
*
H
....
Compressed.
Liverpool.—By cable from Liverpool,
we
have the following
statement of the week’s sales, stocks, &c., at that
port:
52
88,647
*re the same
exports reported by telegraph, and published in
tlie Chronicle last
Friday. With regard to New York, we
include the manifests of ail vessels cleared
up to
.e.
sail
Do
Sept. 1.
1,193
20,733
14,244
.....
•
Amst’d’m, steam.c.
Since
1,49*2
......
•
e.
Bremen, steam,
15,55*6 3,1*63 22*663
20,7*89
1.871
6,214
16,425 109,529
47,435j403,726
37,840
of this week:
sail
Do
2.466
60,439
23.510
65,060
5,450
freights the past week have been
Havre, steam—e.
Baltimore.
Shipping News.—The exports of cotton from the United
States the past week, as per latest mail returns, have reached
124,128 bales. So far as the Southern ports are concerned, these
fciifllt
459
Liverpool, steam d. *32® *4
Do
12,973
1,306
2,173
2,000
75.637
Baltic, SFteam
1,949
......
6,563
5
Satur.
89,441
42,38 4
99,014
......
......
Hamburg, steam.d.
This
week.
3,304
12, took lire while discharging on the 17th, and partially
damaged her cargo.
•>
Nettley Abbey, steamer (Br.), from New Orleans, while docking at
Havre, Nov. 17, collided with steamship Bellini, also from New
Orleans. Both steamers were slightly damaged.
Nio, steamer (Br.), Bamborougb, from Savannah via Queenstown, for
Reval, before reported as having been aground at Malmo, but
eame off apparently undamaged, arrived at Reval prior to Nov. 15.
Cotton at New York,
Boston.
Total.
11,020
54.430
3,900
Fifty-Nine, steamer (Br.),
Boston, Philadelphia and Baltimore for the past week, and
since September 1,1881:
Receipts
Vera
Orus.
give all news received to date of disasters to vessels
carrying cotton from United States ports, etc.:
5,313 11,020 123.342 161.567
of
usual
we
Do
The Following
our
915
4,357
Nov.
575
2,173
1,312 bales.
14,510
904
5
Included in the above totals are, from New York to Antwerp, 34 hales
from New Orleans to Rouen, 2,2 ll bales, and to Sebastopol, 4,850 bales;
from Charleston to Cork, for orders, 1,810 bales, and to Gottenburg,
year.
598
men.
4.221
7,660
Boston
Total...
88,536 119,290
12,720
7,534
3,900
3,163
....
A ms- Barerterdam. Iona.
BreHull. Havre.
459
575
pool.
9,037
35,195
6,827
4,137
Baltimore..
period
previ’u
Nov.
9.
7,660
1,245
follows:
Wilmington
Norfolk
Same
Total
Nov.
690
1,665
2,000
particulars of these shipments, arranged in
are as
Charleston.
Savannah..
Florida
Texas
Exports of Cotton (bales) from New York since Sept. 1,1881.
Exported to—
690
.124,128
New York..
N. Orleans.
direction, for each of the last four weeks; also the total exports
and direction since September 1, 1881, and in the last column
the total for the same period of the previous year:
ending-
3,163
1,200
Gough, 1,500
Liver-
showing the exports of cotton from New York, and their
Week
Lord
Total
iacrease, as compared with last week, the total reaching 11.020
bales, against 5,313 bales last week. Below we give our usual
table
3 900
i,827
638
Cotton from New York this week show
6,563
4,437
4,357
5,450
.
G\
G\
G\
6*3
0
0
0
per
Wilmington—To Bremen, per baik Annie Maud, 1,665
Norfolk—To Liverpool, per
,
4,465
per bark
Condor, 3,195
Baltimore—To Liverpool, per steamer Caspian, 1,245
To Bremen, per steamer Hermann, (additional) 5
Boston—To Liverpool, per steamers Samaria, 218—Viotoria,
1,955
Philadelphia—To Liverpool, per steamers Indiana, 500....
71ie
7*y2>7 10*2
9
To Bremen, per bark Ceres, 1,200
To Vera Cruz, per steamer Whitney,
XJplds
d.
9
9
8
9
0
6,827
1,810
4,221
1,312
brigs Clotilde, 860 Upland
Felix, 603 Upland
Liverpool, per steamer Mahar»jah, 4,437 Upland
To Bremen, per steamer Criindon. 4,357 Upland
To Amsterdam, per steamer Imbros, 5,450 Upland
Florida—To Liverpool, per steamer Merchant, 3,758
per
Texas—To
8*4 lbs.
1,306
Savannah—To
t
Ootl’n
Mid.
Whitney,
To Cork, for orders, per bark Angelus, 1,810 Upland
To Bremen, per steamer Standard, 4,221 Upland
To Gottenburg, per bark Brodrene, 1,312 Upland
To Barcelona, per steamer Brenkburn, 5,100 Upland
1880.
8U lbs.
3,304
4,850
land and 44 Sea Island....Ponerna, 2,465
Upland and 20
Sea Island ...Winona, 1,9<>0 Upland and 192 Sea Island...
to-night states that there has been a small advance in the price
of twists, and that the market is barely steady.
We give the
prices of to-day below, and leave previous weeks’ prices for
comparison:
32s Oop.
Twist.
2,241
Charleston—To Liverpool, per barks Nellie Moody, 2.200 Up¬
Market.—Our report received from Manchester
1881.
mmm9
.
Since
8,000
5oy.
=====
Bothnia, 560—City oi Berlin, 1,594
City of Brussels^ ■
1,351
Helvetia, 1.605
Nevada, 1,302
9,037
To Hull, per steamer Rialto, 459
459
To Havre, per steamer Canada, 575
575
To Bremen, per steamer Donau, 915....'-.
915
To Antwerp, per steamer Jan Breydel, 34
34
NEW Orleans—To Liverpool per steamers Alava, 4,600....
Author, 3,000 ...Espanol, 2,914
Guillermo, 4,900
Jamaiean, 4,335—Rita. 3,000
Teutonia, 4,362
per
ships Marcia Greeuleaf, 4,200
Virginia, 3.884
35,195
To Havre, per ships, Ben Lomond, 3,543
Eliza A. Kenney,
3,991
7,534
Sept. 1.
Exports (bales)—
To Liverpool
To Continent
*
=====
New York—To Liverpool, per steamers Agamemnon. 2,625
200.000
1.540,000
Sept. 1.
=
f otml bolts
1879.
160.000
935,500
595
=====
=====
Wednesday
Nov. 4.
hales.
Of which exporters took....
Sales of the week
;
Of which
speculators took..
RaIaa American
Actual export
Forwarded
Total stock—Estimated
Of which American—Estim’d
Total import of the week......
Cht whiiVh Aniftriflan
Amount afloat
Of which American
Nov. 11.
100,000
4,400
7,600
76,000
77,000
6,200
5,700
60.000
4,200
been
85,000
9,100
12,500
60,000
12,000
14,500«
Mov. 25.
70,006
5,800
7,700
48,000
16,500
8,900
5,700
14,000
509,000
399,000
505,000
395,000
486,000
456,000
364,000
350,000
61,000
95.000
71,000
49,500
202,000
73,000
160,000
121,000
36,500
215,000
52,000
46,000
219,000
182,000
161,000
7,300
The tone of the Liverpool market for spots
week
Nov. 18.
173,000?
and futures each day of the
ending N.®v 25, and the daily closing prices of spot cotton, haV6
as
follow*?
THE
Si 596
Wednes.
Tuesday.
Saturday Monday
Th
Sjyot.
Market,
12:30 p.m
Fair bus.
at previ¬
1
5
Upl’df-
ous
prloes.
lovre
has remained comparatively steady on the spot,
in the week the prices for future delivery were
slightly lower. The check upon exports which the recent high
prices have imposed and the monetary pressure have
Indian
Friday.
corn
bnt. early
Dull
and
Dull.
easier.
.
6^2
COa
os*
634
O^a
Mid.
Mid. Orl’iifl
.Easier A
fr’ctton’ly
Shade
easier.
Firm.
ursd'y.
[Vol. XXXTII.
CHRONICLE.
G4
G^
8.0OO
encouraged the bears- to make repeated attacks upon values.
The warm, murky weather which prevailed till within a day or
1.000
l.OOo
2,000
Spec. <fc exp
two damaged much corn in store, and gave strength to values
Futures.
of strictly sound quality, To-day there was a ilrmcr market
Qntct
Qniet
Quiet
hut
but
Flat.
but
Market, }
Firmer.
Weak.
the regular demand proving very fair; No. 2 mixed, 09%@70o.
steady.
steady.
steady.
12:30 p.m. Jj
Quint
for July and 70%@71c. for February.
Firm.
but
Steadier.
Market, / Steadior. In buyers’ 8tcady.
favor.
all udv.
5 P. M.
Rye has been quiet, and prices were not fully sustained.
$
Barley has ruled about steady at the advance noted in our
The actual sales of futures at Llverpo *1 f>r the smif.) w»vmc ;iro given
below. Thoswsules are oa the basis of Uplands, Low Middling clause,
last, but the close is dull, buyers lidding otf. Buckwheat is
unless otherwise stated.
Saturday.
scarce and dearer.
Oats have been in fair demand, and specu¬
Delivery.
ft.Delivery.
d.
lative complications have forced ail advance in mixed giadea,
Delivery.
d.
June-July ..Coir'S B'*n3
023,«
Nov
G°i« Mar.-Apr
Dee.-J.m
fJD l4the market having apparently been oversold. To-day there
®:11C®2V13
1 9i«
Nov.-Deo
63 < •» Juu.-Feh
DeC.-J HU
t °8te lv,32 Apr.-Way
was
an advance, with hints at a “ corner”; No. 2 graded 51 %e.
Feb,-Mar
0^
Muy-J une
Jan.-Febv
«'r*a
for white, and 4S/£@49e. for mixed and for future delivery; No.
Feb.-Mar
G3i33
MONDAY,
0213.3 2 mixed, 49/£:k49Mc. for January.
A pr.-May
023;V, 7b *4 Fel).-Mar
Nov.-Deo.
Mar.-A pr
0» 1*1^
Ma.y-.Iuue.
r>s
The following are closing quotations:
Deo.-Jim.
A pr.-May
e,-';i.(2
G4*
10,000
1,000
10,000
14,000
2,000
10,000
Sales
G ry
0*4
,
8 000
1.000
'
....
.
•
2
Jan.-Feb. ...GD!
Feb.-Mar. .U-a;l2te 11
G2.i-,o
Mar.-Apr.
,.
Deo.-Jan
Oi‘J.,0
Jan.-Fob
G&a
June-JuJy
G1^
.
Nov.-Dee.
r.i7;J2
Dec*.-Jan.
69jb
Tuesday.
(>n> j3
jan.-Fob.
Feb.-Mar.
G2l32
Mar.-Apr
A pr.-May
0>i i*
6-^32
May-June
Jiine-.Tuly
Mar.-Apr.
(P i10
Apr.-Muy
0"J32
Wednesday.
Nov
Nov.-Deo..
Dec.-Jan..
Jan.-Feb..
Feb.-Mar.
Mar.-Apr..
•6'hc 7b 3 i ,12
Apr. -May.
May -June.
G17.,2
-G:7;12® io
(b i i
Jum -July.
Nov. -Deo..
Dee-Jan
Jau. -Feb..
on32
G9,«
.G58®l‘J;i3
-G3 32^
.
1 m
Nov
Nov.-Deo.
c23
...
......
.......
09^
Juno-July.'. G233;i©Li}C
Feb.-Mar
.60,
--01
<>13,2
G^
~
TlIUReDA V.
Nov
fi 1 U3.3
Nov.-Dee..
Dec.-Jan.
Gi5;{.>
Jail. -Fel>..
Feb. -Mar..
Mar -Apr..
.
.......
•
•
.017.32
r 2132 -jg 58
Ap r.-May
May-Juno ..t»D 1(ia2i.l2
-6lyaa
Juno-July ..UDIu‘2‘23j2
.6 “a
Tunc-July
.<a,3J
•O'lti
Nov
No v.-l )ee
....
bbl. $3 25te 4
4 (iOte 4
4 H.'te 5
Spnng sHtKjrrtne
4 50// 5
Sminir wheat extras.. 5 2V<? 5
Patents
Ciiv ship* in^r
extriw.
Soiitlieru, iiakern’ and
South'll sh ip’g extras.
Rye flour, superfine..
Corn meal —
Western, Arc..
Brjuuiv'Miie. fro....
Buelcw’t flour, 100 lbs.
Nov
Nov.-I)ec
A or. -Mav
Ma v -.lime
Feb. -Mar..
-May -June
0ir,33
.
ft/ 71
G
.
n
01 •">._(.>
Dee.-.Tan..
Feb.-Mar.
‘
Mar.-April
619^ 1
l7:.2
...
...
......
023-.,
_.G‘V
G1 S32 d> ^2
Dec,-Jan
Spring, No. 2
White.
Corn—West, mixed.
West. No. 2
0 Oo® 7 00
0 50 te 8 50
Western yellow..
Western whito...
Rve
98
Oats—Mixed
45
G 40 a
5 7 oft
5 O0 at
7 2">
« 25
O tjd
Barley—
3 303
3 lo be
3 Ml)®
3 70
3 so
4 00
Canada No 1....
Canada bright...
State. 4-rowed...
1 12
1 15
) O >
State, 2-i*owed...
Buek wheat
04
hi
(196 ton.)
33,217
57.9 26
VlilWHUkce*...
At—
Cl lien vo
...,
..
-
.
.
the extremes of grades. As
holiday week, there has not been much disposition to
buyers, especially for
trade, while shippers have found little
encouragement to extend their operations. Buyers seem to
think that the condition and prospects of the money market
will give them the control of the mirkefc, at least until after
the holidays, and they are therefore in no hurry to fill orders
that can wait
The production is large, bit thj high prices
of “ vegetables” no doubt causes some increase in consump¬
tion. Rye flour has been dull, and corn meal has declined.
To-day the market was dull, but closed about steady.
unsettled.
The export and
milling demand has been small, and the financial difficulties in
the way of carrying stocks in store have caused some pressure
to sell. Still, with receipts very sma'l at all points and stocks
not accumulating, the decline has been quite moderate. The
circular of Messrs. C. A. King & Co., Toledo, estimates the sup¬
ply of wheat for the United States for the fiscal year, which
began on the 1st of July last, as follows:
Agricultural Bureau, November estimate present crop,
398,000.000 bushels; surplus of crop of 1880 on Pacific slope, 30 000,000 bushels; total supply, 428,000,000 bushels. The extent
of the demand is givefl thus: United States annual consump¬
tion, 260,000,000 bushels; July 1 to Nov. 1, 86,666.666 bushels;
seed requirements next crop, 36,000,090 acres at 1^ bushels
per acre, 54,000,000 bushels; exports during past four months,
flour to wheat, 50,664 000 bushels; visible supply now larger
than on July 1, 5,000,000 bushels; amount disposed of from
July 1, 1881, to November 1, 196.331,663 bushels; amount re¬
maining Nov. 1, 231,669,334 bushels; showing that over half
the crop is still back in the country. Estimating that the
home consumption demand during the last eight months of the
crop year will be 173,333,c34 bushels, on the basis of 5 bushels
per capita for the entire year, it would leave 58,336,000 bu>liels
surplus tor export duiing the tight months from Nov. Irl881
to July 1, 1882.
The exports from the United Skates for the current fiscal
year, according to these esiimites, will therefore be only about
109,000,000 bushels, or 75,000,000 bu-hels Jess than in the pre¬
ceding fiscal year. To-day the market was firmer, owing to the
steady demand and the small interior movement; No. 2 red
winter, $1 40/3 for December, $1 43/4 for January and §1 46
U. ri.
for
February.
51
01 15
tel 17
//1 05
te
90
88
>
96
Canal for the season is officially
of the
Western lake and river piffcs
Nov. 19, 18vSl:
Flour,
has been quite dull, and prices have ruled
The wheat market has been very
49
te
te
50
practically to
for the week ending
Friday. P. M.. November 25. 1881.
usual in a
do business among the
72
73
tel o3
©
7 25
Whito
()7^i
fe
te
69
70
43
4a
41
<>8
announced for December 4 next, but the severe weather
past f*-w days will probably bring its navigation
an end this week.
(From the“ Sew York. Produce Eceh/inye Weekly.”)
BREADSTUFF S.
in favor of
tel
<7 1
@1
te
7 O0 «
Receipts of flour and grain at
The flour market
1 JO
JO
30
03
G7
Jttwt winter
Red winter, No. 2
0 25 w 0 50
closing of the Erie
The
tel 38
& l 37
$1 22
1 35
Spring
JO
25
0.)
00
5 50 a1 5 85
^Vintershipp'x extras.
do XX and XXX...
Friday.
Wheat—
15
5 7bit 0 75
<to XX aval XXX...
Wis. & Mien, rye mix.
familv bfinds
Mar.-Apr
April-May
Grain.
Flour.
So. 2 spring...ip
No. 2 winter
Winter superfine
Toledo
Metitnr
Clev eland
St. Louis
Peona
Corn,
bush.
(60 lbs.)
172.950
16 4.558
b ttsh.
.
1389
.
24,5o0
.
1
O
84.127
23, 4 i 6
8s.3d0
11:0.245
93.6 >8
7.225
Bye.
Barley,
bush.
bush.
(32 lbs.) (4m !hs.\ (56 ths.
16 5SO
23 4.64 1 195.535
9 716
24.550 83.2 16
486
25,0-2 80,< 1 4
281
20,20 7 10,857
1.100
37,3.50 33.2(H)
10.718
70.4 48 101,583
83.450 Io.4o0 10.800
bush.
12,9
1,645
81.937
2.1O0
3 >,790
,
Oils.
(50 lbs.)
9 28.827
H
1,393
9.960
‘2.295
.
finlntli
Wheat,
219,100
15,893
j.
Total
Same time '80
•
..
...
.
737,946 1,466.965
101,469
222,092 2 ,330,210 1,855,7-13
Total receipts at same ports
tor
uve,
Flour
5 12.863 475 995
49 684
7 35 i ,8 »6
74,969
GO
<
,
5
i
from Dec. 27 to Nov. 19,
four years :
bbla.
1831.
1830.
8,019,444
5,959,536
6,114,718
1878.
5,100 954
77.121.733
91.524.974
80 410 979
50,969.942
Wheat.. ...bush.
Oats..,.
Baxley,
Bye..*...........
1879.
9.141,154
141,593.0 14
36.213,173
8.361.7145
3,331,552
3,503.713
029,468
37.801.493
123
JJom
inclu-
.
G3.OOL.179
87.273 9i8
28.769,432
8.9 L 1,012
4.465,553
28.6 H.713
9,135 3/2
4, 46 166
.
266.704,248 232,575. L50 210.103.197
224,303,608
reo^ipta (crop movement) at same ports from
19, inclusive for four years:
v.
Floor...,
Wheat
Dorn
.-.bbls.
bash.
21.516.519
Oats
Baxley
Bye.
Total grain....
2,090,174 *
2,332,165
2,111,359
2,030,390
586,857.
93.592.782
121,136,774
115,910,389
102,945,795
1880.
1881.
bbls-
7,912,330
bush.
40,935,2 !0
10 4,093.311
31.800.819
4,086.919
Parley
2,119,343
Kye
46.403.990
41,811.774
5,149.866
Comparative shipments of Hour and
from Dec. 27 to Nov. 19, inclusive,
Wheat
Corn
2,104 325
2,468,032
44,172,014
50.911,666
18,180,766
5,755,969
52,126.354
12,43.7,878
pons
Flour
1878.
1879.
1880.
-1881.
2,901,293
1
49,1 »55,923
17.578.189
34 76d.806
5,393,113
6,-0 4.52 L
14980.621
grain from the same
for four
years: 1878.
1879.
4,968,094
G,677,920
6.372 747
07,009.920
22,970,769
76,037,375
S 1.092,324
20,435 3i>7
05.468,085
29.272.106
3.749.333
2.853,749
76,997.085
20,540,774
4.824,534
5,008,392
3,648,178
3,910.953
171.181,656
1S3,L33,607 223,355.927 186,514.352
Rail shipments from Western lake and river ports
weeks ended:
1879
Total grain
....
1881.
11 eek
Nov. 19.
Flour
-
Wheat
(Join
O.itN
Barley
Bye
Total...
1880.
Week
No <). 20.
Week
Non. 22.
for the
1«78.
Week
Nov. 23.
....bbl?.
100,920
177,238
138,244
120.341
bush.
332.916
1 .120,8 4 L
327.< 43
479,081
1,073,4 14
106,387
153,423
281.067
70,536
217,*92
—
14»,47 3
150.37 L
529.898
129.554
7 4.028
09.20/
57,-423
88,689
50.902
2,008,138
2,237,205.
594,979
089,159
24.973
jail and
Week
Wheat,
tnaviff—
Nov.
H»v. I----1
Nov. *-*.,190.597
oot. 29... 209.091
bush.
bush.
66,062
2.146.281
2.160,063
150,371
100.641
la?,oro
03.631
H2.104
2.755,745
512,424
164.043
74,238
bw>h.
1,583.470
757.710
{wk*’80..896.232 0,685,710 11.255,7
and grain at seaboard porta for the week
Keceipts of flour
Flour,
132.228
York
New
63,895’
2,275
Com,
Oats,
Barley,
bash.
bush.
bush.
bush..
8.417
32.780
450
25,200
24 2,100
100.800
6 >,50'>
107,1«0
126,569
15,49 7
26,794
Baltlmorjj....
9.477
Orleans.
*
Rye.
bush.
90,900
1,300
166.492 313,150
64,932 81,541
2,750
50,767 34,305
761,900 1,304,675
253,744
63,339
8,100
22,990
.
fliilaaelphiaNew
Wheat,
bbls.
At-
3.^98
140
96,400
3,004
20 OOO
99,214
427,538 472.450
266.076 1 .125.428 I ,S6<>, 138
week ’80.. 362,595 3.484.983 2.212.954 52c,2 49 53 1.373 232.913
Total receipts at same ports from Dec. 27 to Nov. 19, inclu¬
de, for four years:
Cor.
Flour
4»L»ls*
11,429,034
9,728,140
Wheat
bust.
84.638,210
9-L6S2.42 l
25.080,776
1 19.637.o79
Corn
Oate
Barley
Bye
Total tfftiin
Exports from
for week
4.256.121
130.71 1,873
21.817,301
4.53 1.281
1,769.039
2,551.4*8
212,435.567
....
1879.
1878.
9.939.332
8,1.4^,010
1830.
1981.
99.003 794
136,792.0 11
97.351.9 11
20 2 25.9 U
4,-49.7 11
9-.662.4 >1
22.39 4, 06
5.507 659
4,314.3 55
4,762,716
39
214,330,077
279,10L,880 263,533.9
from Montreal
United States seaboard ports and
ending Nov. 19, 1881:
Flnur,
Wheat,
Com,
Oats,
Rye,
bbls.
bush.
bush.
bush.
bush.
From—
New York
Bouton
03,635
12,109
452,688
538.962
2,753
00.490
121,983
373
Montreal*
pliiludelpflia..
14.813
4.OS l
152,625
BHlJiniore
New Orleans..
7,564
173,518
Pea?
bush.
04.033
75 102,050
•
1,570
••••••
74.867
K 3
924.218
Tofu) for w'k 100.3 3
gene time Mm 160,790
2,261,25 i
200
119,807
89,455
04.032
903.282 105.380
1,546,119
88,046 113,975
bushels bailey for Liverpool.
*Aml 1,607
The visible supply of grain, e >mpming the stocks
fit the principal p nuts of accumulation at like an
ports,
in granary
1 seaborn* l
and in transit by rail and water, Nov. ID, 1881, was as
Instore at —
New York
l>o. afloat (est.)
Albany
,
Bull.do
OliiCH»ro
Milwaukee
-
hush.
Chits,
bash.
hush..
Barley,
1,71
315,8"8
18 i,452
31/2 ,'»53
5,039
958
153,555
71.22 l
48,461
14.371
0,173.219 1,311,9 >1
09.353
1,150,001)
2.300,000
270,000
320,000
2.*00
416 6-6)
56.600
5 71.131
110-0
23 1.01 l
3,776.205
5,9 i7,4- >7
4 19.370
l
1
359,025
9*3,96 L
Detroit
660.204
100,000
75,182
7.652
180.090
1,103.925
1,278,385
42,699
206.3.-0
305,925
522.586
8.911
386,300
427,764
233,666
2,183 235
778.901
1 14, i 98
33.074
767,396
296,600
1.742,276
415.218
78.000
536.000
804,000
OiWe>;o
8t. lyouia
Biwtou (12th). ...
Toronto.'.
Montreal (15th):.
Philadelpnia.
....
.
Iudiauapolia
Kaiwtws «;j*y
Bnlnmoro
Down Mib.Vpi
On rail
Ou lake.....
On canal
Rye.
*
btis'i
^9- 433
21.00 »
78.ooo
13.059
363 290
87.377
bush.
5.94 .'.531
Dili.uh
To It* to
Peoria
Com,
-
32,303
501
23L.101
600.01 !0
51.241
26.00 *
ll 2,244
3,265
10, ;9l
2 J.303
3,337
129,291
293.919
57.865
826.458
51,947
70 000
10,119
123.337
92.2
1J5
242,300
3
67.3C0
91.4 25
48,437
34 8,000
.
.
.
.
176 910
14,400
••••••
10,735
freer
was
......
>u
133,000
20.614.386 22.9)7.097 3 .271,731 2,914.3 U* 1 ,256,246
21,m57.8 >7 24,372.7*2 3,650.795 2.9313 97 1,342, Ol
21,155.954 21.958,991 4.170.5*5 2,7fc7.8«l 1,872.940
21.252.578 26,149,035 4.365.769 2. 56 375 1,256,184
20,857,536 27,970,47 4 4.653.276 2.523.603 1,210,865
24,190,673 17,935,815 4,293,074 3,031,093 853,147
Nov. 12,’81
Nov. 5,7*1
Out. 29,’81
Oot
22, ML.
Nay* 20, ’80
chiefly confined to making deliveries of light-weight cassimere
suitings and worsted coatings to the clothing trade on acoount
of back ordera.
Heavy clothing woolens were generaHy quiet In
agents* hands, but stocks have been reduced to a very low ebb,
prices are therefore steady. Cloakings were sluggish,
aside from a few specialfies in mohair plush, and fancy eflkwts,
In which there was a fair business. Kentucky jeans were
devoid of animation in b>fh first and second hands, but valaes
are well maintained, especially on the best doeskin makes.
Satinets were irregu'ar in demand, and upon the whole slug¬
gish. Flannels and blankets were taken in small lots only, and
such was the case with shawls, felt skirts, worsted tires i goods
and carpets. Shirts and drawers continued to move freely on
account of old orders, and goods of this class are unusually
and
scarce.
DRY
GOODS
TRADE.
Friday, P, M., November 25,
1881.
busi¬
ness in dry good*, both
sales and deliveries on account of back
orders having been interrupted to soma extant by the Thanks¬
giving holidays. The demand at first hands was only moderate,
and mostly restricted to such small parcels of seasonable goods
a3 are
necessary for the renewal of assortments. There was,
however, on the part of large jobbers, some disposition to place
orders for certain spring fabrics for future delivery; and
There
wa3
daring the past week a comparatively light
in this connection there
were some
fair transactions in white
Goods.—The demand for imported goods was
Foreign Dry
light at first hands, and the j »bbing trade was by no means
active. Silk plushes were, however, distributed in fair quanti¬
ties, and fancy holiday gooli met with liberal sales, privately
and through the medium of the auction rooms.
ItiiportutioiiM of Drf lioodx,
j
r
rj
o
lEmM
$
*—*«
sc
forcuempt
X*
1
3
1
9.856
r-j
"3
2 5s ci o 2
iL ^ -♦ o ci
Total
E
pi
5
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J
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prices are firmly maintained on
all such fabrios
govern the market.
io c
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crtO
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fair movement in
I
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well in hand, and
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foreign goods are remarkably
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to
ginghams,
nearly all
departments, holiday goods alone having been fairly active in
Stocks of domestic and
ll
r •
goods, piques, dress buntings, cottonades, book-fold
Seersuckers, &o. The jobbing trade was quiet in
demand.
week
facta
The importations of dry goods at this port for the
ending Nov. 24, 1881 and sines January 1, and the same
for the ccrres Minding periods of .1880, are as follows:
$
THE
rule.
as a
Domestic Woolbn Good3.—The business of (he week has been
......
573 0
offerings at these figures. Prints were dull, and there
only a limited demand for ginghams and ootton dress
shape
f
68.562
“futures” and 3/20. for 53x60s, with rather
goods, but prices remain unchanged and stocks are in good
•
154,771
new
4 1-I6c. for C4xC4
follows:
Wheat,
ex¬
business was light with the paokage houses
and moderate with jobbers. Brown sheetings and drills are
still largely sold ahead to exporters and the trade, as are many
of the most popular makes of bleaohed goods, wide sheetings,
cotton flannels, oolored oottons, camlet jeans, &c,t and grain
bags, cotton warps, yarns and twines are severally in meagre
supply. Under these circumstances prices are exceedingly firm,
and orders for goods to arrive from the mills are m nicest case*
taken “at value” only. Print [oioths have ruled quiet, but
prices remain steady at 4o., plus 1 per cent, for 84x61 “spots,1*
but
exporters,
601.125 2^1,985
608.741 42 J,385
8.051,561 1.913.52 4
8.051.5 42 3,468.910
flannels, &o.t in
previously placed by jobbers, converters and
ecution of orders
hush.
405.416
464.531
561.153
bush..
619.517
818.531:
620.638
4wka.7l8.105 -2.810.397
Tot
brown, bleached and colored cottons, cotton
lake shipments from Com,
same porta Oats,
for lastBarley,
four weeks:
Ry<*,
Flour,
597
THE CHRONICLE.
20, 1881]
Novembeii
—
r.
ip*
— ■£•:. ©
t:
>3
no
•Jl
i
oot —
—
• •
.
—
•
r>
s
1“
O
*•
THE CHRONICLE.
f598
Financial.
Financial.
Taintor &
W. Farmer,
W.
MONROE,
LOUISIANA.
Practices In the District, Circuit and Supreme
Courts of the United States and of the Stute. in
all classes of cases. Has no other business, and de¬
votes his personal attention and all Ills time exclu¬
sively to h:s professit n. Refers to Bank of Monroe.
Co.,
A. H. Brown &
BANKERS
t
l¥all
BROKERS,
AND
Lummis &
STOCK
DEPOSITS received and INTEREST allowed on
BROKERS.
Stock Exchange.
Buy and sell GOVERNMENT, MUNICIPAL and
BANKERS
BROKERS,
AND
No. 80 BROADWAY, NEW
on
YORK.
NEW
daily balances.
on
Particular attention paid to orders by mail or tele¬
Trowbridge,
F. E.
YORK.
NEW
NEV> YORK :
Geo. W. oecil.
Member N.Y. Stock Ex.
M. Zimmerman.
NEW
T. S.
BATEMAN
A
CINCINNATI, O.:
SECURITIES.
INVESTMENT
w. P. Thomas.
W. M. Wilshirb.
AND
assortment
An
always in hand.
of" desirable
bonds
quotable Construction Stooks.
17 NASS 4 U STREET,
Beasley & Go.,
RAILROAD
—BARKERS*
25 fme §t. - l^eaiyoRK>
Co.,
BROADWAY, NEW YORK,
Purchase and sell on Commission GOVERNMENT
RAILROAD BONDS and STOCKS, and all
dames at Securities dealt in at the NEW YORK
STOCK EXCHANGE, or all reputable Securities
First-Class
bought and sold In the OPEN MARKET. LOANS
and COMMERCIAL PAPER negotiated. Interest
paid on DEPOSITS, subject to check.
Wierum,
Bonds,
GOVERNMENTS A FOREIGN EXCHANGE.
Chas. K. Randall,
Otto C. Wierum.
Member N. Y. Stock Exchange.
Bought and Sold
MIDDLETOWN, CONN.,
Buy and sell Government, State, Municipal and
Bonds and Stocks. Investments for Sav¬
ecialty. Correspondence solicited.
on
Commission.
Virginia Tax-Receivable Coupons Bought.
SOVlHERN SECURITIES A 8PECIALIY.
LOANS NEGOTIATED.
Interest Allowed on Deposits.
James Kitchen,
COMMISSION
SKODRKTIES.
John Sickbls.
Member N. Y. Stock Exch.
Sand Brothers & Co.,
BANKERS AND
54
BROKERS,
Wall Street, New York.
COMMERCIAL PAPER NEGOTIATED.
W. C. Floyd-Joneb
William Robison,
Members of the N. Y. Stock Exchange.
Floyd-Jones & Robison,
BROKERS,
BANKERS AND
No.
2 EXCHANGE
COURT.
Stocks, Bonds and all Investment Securities
bought and sold [strictly on commission] for cash
or on margin.
J D. Prince, Jas. Whitely, H. Cruder oaklet
Harry C. Logan,
Maynard C. Eyre.
W. R. Travers, Special Partner.
W hitely,
Philadelphia. Wilming¬
Joseph P. Lloyd
BROKER
IN
UNCURRENT
Boston, Bridgeport
W. C. McKean
Member of N. Y. Stock Exch’g*
.
Lloyd & McKean,
NEW YORK.
Rail
way and Miscellaneous Securities. Receive deposit*
34 WALL STREET,
Buy and sell—on commission—Government.
subject to check, and allow Interest on balances.
George Stark.
John F. Stark.
George Stark & Co.,
BANKERS,
No.
33 NASSAU STREET, NEW
YORK.
Buy and sell Investment Securities for cash or oa
commission. A specialty made of Western Farm
Mortgages bearing from 7 to 10 per cent Interest.
Will undertake the negotiation of loans upon
Western City property in large or
small amounts
INVESTMENTS,
70
CEDAR
STREET,
P. O. BOX 3413.
NEW YORK
STOCKS and BONDS
At Auction.
The
Jackson & Co.,
Investment. Securities.
GOVERNMENT BONDS, STATE. CITY, COUNT*
RAILROAD & MISCELLANEOUS SECURITIES
and
PLACE,
Brokers in Railroad Stocks and
Theo. v. sand.
Max E. Sand,
BROADWAY, NEW YORK.
R. A. Lancaster &
66
(oUijYS,|JouDEjf SJej^ins,
SPECIAL ATTENTION GIVEN TO THE NEGO¬
TIATION OF
and sold on Commission.
Private Telegraph Wires to
DEALERS IN
a s*
fetreet, New York.
64 BROADWAY, NEW YORK,
(Branch Office, 180 Fifth Avenue).
All classes of Railway and Mining Stocks bought
BANKERS AND BROKERS,
BASEMENT.
ings Banks
Pine
ton. Baltimore, Washington,
and New Haven.
98
Richmond & We-t Pt. Terminal A W’housing Co.
New York, Chicago A St. Louis Subscription, and
E.
BANKERS,
11
Prince &
ADDRESS:
Ohio Central Subscriptions,
C
Walston H.Brown & Bro.
■
Correspondence solicited.
A. W.
American Cable Construction Company,
50 EXCHANGE
BROWN.
So
O.
STANTON,
Randall &
FRED. A.
Business Transacted.
General Banking
Securities bought and sold on commission for cash
or on margin.
Advances made on approved collateral at the
Continental Construction and Improvement Co.,
North River Construction Company,
,
STREET,
New York.
CO., WASHINGTON, D. C
&
interest allowed on all daily balances.
Orders executed at London, San Francisco, Bos¬
ton, Philadelphia and Balt imore Exchanges.
P. 8.—My New York Weekly Financial Report is
mailed free of charge on application.
DEALER IN
ail other
WALL
5
COMMISSION.
YORK.
BROKERS,
74 BROADWAY, NEW YORK.
69 WEST THIRD ST., CINCINNATI,
‘
No.
BROKERS,
8TOCK8 AND BONDS BOUGHT AND SOLD OB
4 per cent
Cecil,Zimmerman & Co.
BANKERS
STOCK
Member of the N. Y. Stock Exchange.
Branch Office :
Deposits received subject to check at sight.
Schley,
BROKERS,
STREET,
Lapsley, Field & Co.,
OR 27 WALL STREET,
No. 5 BROAD
YORK.
JOHN L. HOBSON, Secretary.
WALL
Special.
BROKER,
BANKER AND
market rate.
IS
Howard Lapsley,
D. Seymour Willard
Members N. Y. Stock Exchange.
Cyrus W. Field, Jr.
Cyrus W. Field
Commission, for cash or on mar¬
Interest allowed
Exchange.
EXCHANGE.
GRANT B. SCHLEY,
Em VEST ORorcunrrK,
Mentors N. v\ Stock Exchange
No.
deposits.
WALSTON H. BROWN.
Exchange.
graph.
This Exchange FOR DEALINGS in Securities
not listed on the N Y. Stock Exchange, Mortgages,
and cither properties, IS NOW OPEN FOR THE
RECEPTION OF THE FIRST ONE HUNDRED
MEMBERS. Those wishing t >join will make ap¬
*
on
gin, all Securities dealt in at the New York Stock
SOLD ON
(LIMITED.)
Groesbeck &
Interest allowed
13 NEW ST.,
Walker,
Rutter &
KOTICE.
plication to
GEO. H. HOLT
EDMUND P. SCHMIDT,
Member of N. Y. Stock Exchange.
INVESTMENT & SECURITY REGIS¬
STREET,
Providence and Boston
CORNELIUS W. OLLIFFE,
Buy and Sell
STOCKS AND BONDS BOUGHT AND
COMMISSION.
NEW
ness
securities.
C. M. Rutter,
W. N. Walker.
Member of N. Y. Stock Exchange.
NEW YORK.
No. 45 Wall Street
general banking and brokerage busi¬
in Railway Shares and Bonds and Government
a
Investments carefully attended to.
RAILROAD bonds.
Private telegraph wires to
BROADWAY AND 19 NEW STREET,
46
GENERAL BANKING business.
a
Member of N- Y. Stock
BANKERS AND BROKERS,
TRY
YORK.
balances.
Glazier, Kohn & Co.,
00
NEW
STREET,
Transact
BROKERS FOR THE PURCHASE AND
SALE OF RAILROAD SECURITIES.
Henry Day,
Members of New York
WALL
No. 72 BROADWAY & No.
mid BROAD STREETS,
BANKER!? AND
Lummis,
10
TRANSACT
banks.
Day,
William
Gwynne & Day,
(Established 1854.]
Olliffe & Schmidt,
DllEXKL BUILDING, Cor. WALL
Nos. 34 and 33
No.
SECURITIES.
Special attention to business of country
Holt,
G. E. TAINTOR.
St., Cor. New, New York.
INVESTMENT
financial.
BANKERS,
Solicitor and Attorney.
Counselor,
[vol. xxxm.
Undersigned hold REGULAR AUCTICN
SALES of all classes of
STOCKS
Ain
BONDS
ON
WEDNESDAYS
ADRIAN II.
No. 7 PINE
AND
Go.
BANKERS,
W ALL STREET,
New York.
Transact a General Banking Business, Indtodlto
the purchase and sale of 8TOGK8 and BONDS for
NO.
cash
SATURDAYS.
nULI.ER
or on
18
margin.
Buy and Sell Investment
STREET, NEW YORK.
Securities*
P O. BOX 2,647
A SOI
A.M. Kidder,
wayland Trask.
W. C Hill.
-
H.J.MOBdi
@FedFRASER