View original document

The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.

:

xtmtk
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATEa

YOL.

NEW

33.

YORK, NOVEMBER
Financial.

Financial.

&

P. OlyCOTT,

A

4S

New

47 \rmU Street,
I 8 8 U B

York,

TRAVBI.ER8> CREDITS,
CIROVIiAR NOTES,

COMMERCIAL CREDITS.
LONDON CORRB8PONDBNT8
Tbe Dnlon B«Dk of

London. Messrs.

*

COURT STREET,

16

CJ

Hftmbro

BANKERS AND STOCK BROKERS,
PHILADELPDIA.
1S4 Somh Third St.,

furnished.

J.

Antwerp.
Pald-Cp Capital,

9,000,000 Franes.

FRANK

FR.

Dhams

(Krunk, Model

Ua>.
tou.
«CI8 WXBEK(Kd. Weber A

.Jcrua Uautinsihaucu

Fubrmann.)

Lie.)

(C.

Schmid

TRANSACTS

A Cle.)

P. POTTSB, Presu

J. J.

Maverick National Bank,
BOSTON,
CAPITAL,

9400,000
400,000

8VRPI.IJ8,

Aeoonntsof Banks and Bankers solicited.
Colttctions ma< e upon lavorable terms.
BtrtctiT flrst'ClasB Investment Securities Negotiated.

IdWIS H. Tatixib,

L.

LuTDLir

Jb.

H. Taylor

&

BAinm

Co.,

Deposlta r«ceiTe<l subiect tu check at siKht. and
tntereat allow :(l un dully biiltmces.
Stodu, Bonds, Ac, buuftht and sold on c<->iniDisaloD
in l*biladelphiu and other cities.
Particular attention u^-vea to inforixuiUoa rec&nltog _iDTe«tmeat BecnrlU es.

Aug. T. Post, Banker,
NASSAU STREET,

BUT8 AND SELLS
State, City and County Securities.
CORKESPONDKNCB SOLICITED.

Samuel M. Smith,
40 WALL. STREET,

DBALEB

an

Ballwmy

IN

Gu

it

Co.,

Secarltlea,
rb4
Steoke, iBaaraace Scrip.

Bmak

terms which

may

at Interest for fixed perloda

be sscertitlned at the

PKIUKAUX fBLBT.

OB

offloe.

Seoretary.

JOHNPuNDIB. KDCARD MXBTEN8. ADO. NAXHAJf.

Pondir

&

Co.,

Bonds & In vestment Seenritles,
30 EXCHANGE PLACE. NEW YORK.

stocks.

Car Trust Bonds.
WB MAKE A

Miscellanemts Stocks and Bond*

H

FORDYCE D. Babkeb,
Hxnut
Member N. Y. Btock ExchanKe.

Barker
31 Jc

&

C.

R.

Wm. p. SMrni.
Wm. L. Bbexsx,
Memuers of New York Stock Bxchanja.

Breese

Co.,

New York.

Thirteen Years' Membership in New York Stock
Kxcbange.
B.J. EIHUALI., A. B. LOCNSEXBY. F. B. BAUJUtO
Members of N. Y. Stock Exchange.

Fred H. Smith,
BANKER AND BROKER,
BROAD STREET, NEW YORK.

39 BROAD STREET, NEW YORK.
OoTemment Bonds, Stocks and all Inveetmeat

Securitiea

C.

8

bought and sold on commission.

I.

all

Geo. H. Prentiss,
M*. IT

WALL STREET, NEW YORK.
GAS STOCKS
AND

OAS SECURITIES,
BROOKLYN SECURITIES
DEALT

IN.

Sra OAS QDOTATIONB IM THIS PAriB.

Co.,

Branch Ofllce and Private Wire
"Cumbehlani>,*' Broadway and S3d Street.
Buy and sell un cooimisslon, for investment or oa
margin, all securities dealt in at the New York
Stock Exchange.
R. B. LBAB

C. I.

IIDD80N,

T.

H

Member N.Y. Stock hxoh.

Oilman, Son
63

&

CUBXU.

Co.,

BANKERS,
CEDAR STREET.

In addition to a General Banking BB«lne«a.bay

and

sell

Government Bond* and Inveetaent seeaiW

Lansdale

Boardman,

STOCK BKOKKR,
80

Ne.

BROADWAY, Rooaa

37

A UW

orricE, tboy. N. Y.,
(Connected by Private Wire,
secnntie. dealt in at the New York Bteek

Bbancb

ALL

Exchange bought and sold on commission and oa^
on a fair margin.
INTEREST allowed on credit balaaeaa.

ried

STREET BAILBOAD STOCKS AND BONDS
AMD AIX KUTDS or

&

at the

for the past 10 Years

A SPECIALTY.

Hudson

EXCHANGE COURT, NEW YORK,

RAILROAD SECURITIES
InTestors or Dealers wishing to buy or sell are
State, Municipal and
Invited to communicate.
Hallway Bonds and Coupons bought and sold at be«
Market Kates.

Smith,

N*.

J.
BANKERS AND BROKERS,

No. 35 Naeaau Street,

&

BROKBRS,

sell

&

CO.,

34 FINE STREET.

Tinker,

Kimball

MAKTIN &

POST,

Tinkib

STOCK BROKERS,
33 BROAD STREET, NEW YORK.
ROOM 8.

(An Intimate knowledge of

SOUTH THIRD STREET,
PHILADELPHIA.

%i

&

POREION EXCHANGE.

No. 20

Bankers and BroKers^
140

W. PIBBT.

on commission, for investment or on
margin. uU securities dealt in at the New York Stock
Bxcnange.

Sddt, Cuhier.

London

In

re> eive't

AT MARKET PRICE.
WE OFFEK A LIMITED AMOUNT OF DBSIRABLE CAB TRUST ISSUES, ADDITIONALLY
8ECLRBD BY THE DIRECTT OBLIGATION OF
THE RAILWAY EQUIPMENT COMPANY.

Railroad

GENERAL BANKING BUSINESS.
AAA

Reserve Funds) £44i,0e».
ZLetters of Credit and Uriifis Issued on the 8T
branches of the Bank In the ('olunies of Queenslaml,
New South Wales, Vctons Niiuth Aastralia,Taama.
n>a, and New Zealand. Bills negoti.ted or sent for
Collection. Telegraphic transfers made. Depoette

INVESTMENT SECURITIES,
Oil]/,

Buy and

A

1888.)

4 .Threudneedle St., Loadea, Eaglasd.
PAIt)-UI' CAPITAL, £I.«0.000.
UNDIVIDED PKOHlT.-t (lncl>ilnii Guarantee and
Ne.

SPECIALTY OF TBBSB VmiT
SAFE SECURITIES, AND BUY AND SELL SAJIS

Fr«res).

(.MichieiB Loos).
Fuuk.man.n. Jr. (Joh.Dan.

Australasia,

(INCORPORATED

UNITED BANK BUILDING,
2 WALL STREET.

A Cle.)

Aco. NoTTKBoUM (Notlebohm

V.

n'ng Stock Ezobange.
Correspondence solicited.

TCLIZ GRiRAB. President.
AlfbU) iLAQUi.NAy lOniir* MaqulnBy),yic!«-Pr«i
J! B. Von i>kk Ueckx (Von der Becke & MarsilT).
<Hto guntuek (CornelUe-DaTld).
EJSILE DK GOTTAL.
Ai).

H. Latham

Members N«ir York

BOABD OF DIRBOTOBS

Bank of

Orders executed on the London and Kmropeaa
Markets.

u. Latham.

Anversoise,

•

York.

Jog. M. SHOiaiAKXB.

Thomas & Shoemaker,

J.

-

Thomas.

C.

Dealers In all issues of United States Bonda.
iDTestment Seconties a specialty. Correspondence
Inrlted and full Information upon financial subjects

Son.

Banque
Centrale

New

BrooklTn.
Qio.

PINE STREET,

31

857.

Financial.

Frank B. Be«rs,
LOCAL
STOCKS,
Phelps, Stokes
Co.,
nVNICIPAL
BONDS,
yN. PHEIJ»8,
AM B8 STOKES,
Bk-KWOa
GAS SECURITIES,
KAiNJUSBSj
ANBON PJIKI.PS STOKES,
r

NO.

26. 1881.

J.

D. Probst

&

Co.,

STOCK AND BOND BROKBRS
No. H KZCHANOE PLACB. NBW YORK.
STOCK*. Kaiuioad Bonds, OoTsBxiaim aks
KucaiXAMEOva ucvbitus bodsht Ajre Sm*

;

;

:

L'HUONK

THlJ;
Forcisn Exchange.

Drexel,

Co., August Belmont

Drexel, Harjes&Cc

Crexel & Co.,
Booth Thibd

34

St.,

31

Nos. 19

Depositu received subject to Draft. SecarlMe" Go'd,
Interest allowed
Depesits. Kcrelgr Exchange. Commerc""' Creilll!,
C roular Letters for Tr.Telere,
Cable Transfers.
STHllable in all parts of the world.

&

31 Nassau Street,
all

parts of the

ATTOaNSYS AWD A&BNTS OF
& CO.,
Messrs. J. 8.

and their correspondents.
AlsoCommercial Credits and Transfers of Hooey
on California, Europe and Havana.

MORRAN

No.

M

OLD BROAD

Brown

LONDON

ST.,

&

Brothers
UrALL

No. 59

ST., N.

Co.,
IT.,

BnT AND SELL

Morton,
33 NASSAU

&

Bliss
ST.,

NKW

Co.,

Messrs. Jolin Bereuberg, Gossler Si Co.,

Hanibnrg.

Commercial and Travelers' Credits.

J.

And

in Francs, in

'ItkAKETBLEGRAPHIC 't'RANSFJBRS
OF moNKlf
Between tbU and other countries, through London
and Paris
i'
.Jjfske Collections of Drafts drawn abroad on all
-f.M
points in the United states and Canada, and
of Drafts drawn In the United States
on Foreign Countries.

G.

S.
.-/

.

&

G. C. Ward,
AGBHTS FOB

.^,

TBANSKEKS, ETC.

Foreign Bankers.

Nederlandsche

f
'

-

AMSTERDAM.

-

Handel-Maatschappijj
TJie

&

Jesup, Paton
53

&.

COMPANY,

63 WALL STREET. NEW YORK.
38 STATK STREET, BOSTON.

& W. Seligman & Co.,
J.

BANKERS,
WlUlam Street, New

BANKERS,
BROAD WAT,
SEW TOIIK.

Cor.

Payable n any part of Europe, Ashi, Africa, Ausand America.
Draw Bills of Exchange and make telegraphic
transfers of money on Europe and California.

tralia

tfo.

&

Co.,

No. 8 IVall Street, New ifork,
4 Post Office Square, Boston.
CHEQUES AND CABLE TRANSFERS ON

nUNROE &

CO.,

($14,400,000, GoId.M

York.

&

J.

ANn Gbsdits fos Tbavsjjibs.

Stuart
J.

&

Co.,

NASSAU STREET.
BILLS OF EXCHANGE ON
iniTH, PAYNE & SniITH>S,
S3

BANKERS, LONDON

MANCHESTER
"

ic

;

COUNTY BANK,

LIMITED ;"

MANCHESTER, PAYABLE IN LONDON

ULSTER BANKINO COMPANY,
BELFAST, IRELAND
AND OS THB

RATIONAL BANK OF SCOTLAND,

J.

S.

J.

Kennedy

No. 63

STANTON BLAKE,
HENRY E. HAWLEY,

Yoek, January

1,

for

}
)

America

IBM.

142 Pearl Street, Netr York».

Office,

Adolph Boissevain & Co.
BANKEK

S

Co., oojninissioN mekchants^.
AMSTERDAM, HOLLAND

Sts.,

AND

N. Y. Correspondents— Messrs.

Blake Bbos. & Co.

Hong Kong & Shanghai
BANKING CORPORATION.
CAPITAL (paid-up)

»'-9SSl-9SSL
1,9(X),(X»

RESERVE FUND

CORRESPONDENTS :
BARING BROTHERS & CO., London.
FERIER FRERES & CO., Paris.

The Corporation grant Drafts, Issue lietters of
Credit for use of Travelers, and negotiate or collect
Blllspuyubleat Bombay, Calcutta, Singapore. Saigon
Manila, Hiing Kung, Koochow, Amoy, Ningpo,
Shanirhai, Hankow, Yokohama, Hlogo, San Francis-

& CO.,

MENDELSSOUN
NKW YORK
Wil.t.IAM

CUAULES

Berlin.

BEAD

OFFICE,

HONO KONO.

co and London.

A. M.

KKNSECT TOD.

&

Co.,

WILLIAM STREET,
Neiv York.

BUY AND SELL
RAILROAD INVESTMENT SEOXrRZTIXS
COLLBCT CODPUN8 AMD DlVIDINng:

m^QOTIATB LOANS AND DRAW BILLS OF
KXCUANGB ON LONDON
All bustnes* relating to the ConstruotlOB snd
X«nlp<B«nt of Uailroads ondenaken.

LONDON:
Wm. Hcssell Wise'

UEATH,

U. QCriNCET.

William Heath

&

Co.,

BANKERS,
10 Ansel Court, London, England.
of Exchange and transact a general
Draw
financial commission business. Particular attention
given to American Securities.
Bills

William Heath

&

Co.,

BANKERS AND BROKERS,
61 BROADWAY, NEW YORK.
Membebs ot New Tobk Stock Bxohanqe.

TOWNSEND,

47 William

Agent,

St..

Nederlandsch Indische
Handelsbank,
A MSTERD Am, HOLLAND.
ESTABLISHED IN

&

($4,800,000 Gold.)

HEAD OFFICE

St.,

NEW

Excbanso

dc CO.,
AGENTS FOR NORTH AMERICil,
18 WALL STREET, NEW YORK,
pa STATK RTRKKT. BOSTON

Canadian Bankers.

Credit on

all

Place,

AQENCT OF THE

YORK.

Make Telegraphic Money Transfers.
Draw Bills of Kxehange and Issue

Bank

Letters of

principal c.ties of Europe.

SPECIAL PARTNER,
Berlin.

DEUTSCHE BA^K,

Hilmers,McGowan & Co
BROKERS IN
Foreign Exchange, Stocks and Bonds,
63 Wall street. New York.
Special attention paid to orders at the New York
Slock JULChange and >ew York Mining Board.

AMSTERDAM.

lu Batavia,

BLAKE BROTHERS

Lichtenstein,
cor.

IN

Soerabaya and Samaraog.
Correspondents in PadangJ —
Issne commercial credits, make advances on ship
ments of staple merchandise, and transact other
business of a financial character in connection with,
the trada with the Dutch East Indies.
Agencies

BANKERS,
29 'Wtlliam

1863.

Paid»Up Capital, 12,000,000 Gnilder*^

Knoblauch

AI.SO,

KKfNKDT.

New

COUMEBCIAI. AND TbATELEES' CBEDITS.

CABLE TRANSFERS AND LETTERS OF CREDIT
8.

;

CABLE TRANSFERS, BILLS OF EXCHANGE

KDINBURG, AND BRANCHES;

JOHK

Execute orders for the purchase or sale of Merchant
disc, Bonds, stocks, end other securities, in the
United States, Europe and tlie Kast make Collections,
buy and sell Foreign Exchange, ana give advances
upon Merchandise lor Export.
OLIVER S. CARTER, ) Agents

ASS

New York.
FOREIGIW JSAINKERS.

Wall and Nassau

1834.

PARIS.

STEELING CHEQUES AND BILLS AT SIXTY
DAYS' SIGHT ON
ALEXANDERS A CO., LONDON.
Ctvoitlab Notss

ESTABLI8ED

BOSTON, MASS.,

Issne Letters of Credit for TraTcIers,

John Munroe

OF BOLL AN D,
Pald-np Capital, 36,000,000 Fiorina^

&

Kidder, Peabody

Netherland Trading Society

Co.,

Accounts and Agency of Banks, Corporations,
arms and individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corporations In paying coupons
and dividends also as transfer agents.
Bonds, stocks and securities bought and sold on
commission.
Sound railroad and municipal bonds negotiated.
Sterling exchange bought and sold. Drafts on
Union Bank of London.

No. 94

WALKEB,

ISSUE COMMERCIAL CREDITS, AVAILABLB
IN ALL PARTS OF TUB WORLD.
»

LONDON.
PARIS

;

BARING BRO-THERS

B. E.
JOINT AGENTS

BUY AND SELIj STERLING EXCHANGE, CABLB

SIESLINO,
Martinique and Gnadaloupe.

Ex-

YORK.

Issue Circular Notes and Letters of Credit for
Travelers; also, Commercial Credits, available in all
parts of the world. NeKOtiute first-class Railway,
City and State Loans; make tttlegraphic transfers
of money and draw Bxchange on

ATAILABLK IN ANY PART OF THE WORLD.
,

OOADBT &

H.

Bills Of

Cable Transfers.

change.

Canadian Bank of Commerce*
16 EXCHANGE PLACE,

MORTON. ROSE & CO..
ON GREAT BRITAIN AND IRELAND, PRANCK, HOTTINGUER & CO.,
CREDIT LYONNAIS,
QERMANY, BELGIUM AND HOLLAND.
Issue Commerrial and Trarelers' Credits AMSTERDAMSCIIB BANK,
Iir

S2 TVUlIam Street, New York.
COEBESPONDENTS OF THE
International Banii of London (Limited),

COR. OF CEDAR,

OF FXCHANGE

BIL.L.S

Ruckgaber,

London.

MESSRS. DE ROTHSCHIJLD

CDOugbtandsoldonCcmmlsBiop.
on

&

Schulz

BANKERS.

Issue Travelers' Credits, available in
world, througli the

Boulevard Hansamani'

Paris.
Philadelphia.
DOMESTIC AND FOREIGN BANKERS

Co.,

i5c

BANKERS,

WAI.I, SXRKBT,
COKKKR OF BROAD, NKW TOHK.

Ms.

Foreign Exchange.

Foroiffn Excliaii;;e.

&

Morgan

[Vol, XXXIIl.

].E.

or

British

North

No. 63

America,,

WALL STREET.

Stertinu Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland
British Columbia, Portland, Oregon,
Canada,
sjsoon

Buy and

ijan

sell

Francisco and Chlcatio.

Bills collected

and other banking business transp. A. MCTAVISU.I{A««itfc
A---,.

W. LAWSON

:

NOYBMBBR

THE CHKONICLE.

20, I881.J

WMtem

Canadian Banker*.

CAPITAL,

•

XSW YORM
Noa. 59

Capital

TOPEKA, KANSAS.

Manager.

OtFlCE,

uid Mil Sterling Exobange, Fnuica and Obi*
Trancfen; gnuitCommorcial and Travelers Credtti
krallablo In anr part of tbe world; liaao drafti on
and make oollectluni In Ctilcago and throngboot
U16 Dominion of Canada.

No. 9 Blrchln Lane.

OF

Bank

$5,600,000 raid Up.
PrMldent. the Hon. JOHN HAMILTON.
-

HEAD

Negotiate School District, Township, City and
Write for circulars, blanks and

references.

Oio, A. Lxwig, Preat.

Managei

U.

New

sells Sterling

Kx.

change, Cable Transfers, issues Credits available In
all parts of the world, makes collections in Canada
and elsewhere, and issues Drafts payable at any of
tbe ofBces of the bonk in Canada. Demand Drafts
Usued payable in Scotland and Ireland, and every
description of foreign banking business undertaken.

Neiv York Ageucr, 48 Exctaauge-place.

HENRY HAGUE

.^entj
JOHN B. UAKKIS JR.,) •^g"'".
Branch, 138 Washington Street.
ARTHUR WICKSON, Manager.
\

Imperial Bank of Canada
Capital, §1,000,000.
H.8.II0WI,AND, Prcs't D. R. WILKIG,

Spoclal attention given to collections.

Banks and Bankers

Catharines, Port Colborne, St. Thomas, ingersoll,
Wellond, Fergus, Woodstock, Winnipeg, Man.
Dealers in American Currency & Sterling Exchange.
Agents in New York:
Agents in London

fit.

|

B08ASQUKT, Salt* Co., Bank op Montreal,
6l» Wall Street.
TO Lombard Street.
Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper, payable In
gold or currency, discounted at the Head OfQce on
reaaonabie terms, and proceeds remitte<l to any
part of tbe United states by drofc on New York.

Gzowski & Buchan,
CANADA.

Prompt attention given to Collection of Commercial Bills iftid Canudiun Funds on all points in Canada; American and Sterling Exchange, and Stocks,
Bonds, etc., bou^lit and sold.
Correspondents— Bunk of New York,
and Alliance Bank, Lc-udon.

New

York

Western Investment Securities

RRANDER,

BONDS,

THB

Anglo-Californian Bank
(LUUTBD).

C. F.

PENZEt.

President.

5

STATE BANK,

(

Incorporated 1875.

$6,000,000.
1,700,000.

U

FRED'K F. LOW,
««o«««n.
IQNATZ 8TB1NUABT. 1lw..,^.~

I.nilKNTHAL,

CuUw.

?

C. T.

W

Bonds of" Suvetysliip
The Guarantee Co.
OF NORTH AMEKICA.

$

SBW

FIRST-CI..\SS

INTESTIHENTS.

on Commission, for cash or on marthe

New York

Btock

Exchange.
Interest allowed on dally bal&noet.
All deposits subject to oheck at slcht.
Partictaar attention to orders by mail or tel«
graph.

l3oodf|t

biuinoas of

this

&

cor.

So*

BOODT, SALTONSTALL A

CO.,

1S8 I.a Salle St,, Chieaso.
TRANSACT A GEMBRAL BANKING BUSINESS.
INCLUDING TUK I'UHCHASB AND BALK Ol"
STOCKS AND BONUS KDK CASH OB UN ItABGLN. BUT ANDSKLLCOMMBRCIAI, PAPBH.
P. O. itox MT.

Ii«liilW>i

&

Hatch

No. 12

F. a.

la

lolely that of

Foote,

WALL STBBBT,

OOVEBNUENT BONDS, STOCKS AND MISCELLANEOUS SKCURITIB8.
Scioto Railroad l»t 7s, 1003.

Scioto Railroad 2d 7s, 1S79.
Scioto Railroad Con. 7s, 1910.

Scioto Railroad Stock.

Columbus
Tol. Cln.

&.

&

Tol. Ist

St.

NO. 58

Ezchanie Flam, N. T.

D. A. BOODT,

Company

Guarantee.

D. A.

BANKERS,
38 Braadway,

TOnK OFFICE:

BUT Axs axu.

Sons,
NEW YORK,

Kin, all secwritles dealt in at

I

General Manager

Edward rawumos.

WILLIABI STREET.

No. 47

Sistare's
ST.,

I

Where all Informa' Ion and forms may be obtained
or from the Head OtBce, Montreal, Canada.

DEALERS IK

KIOBIM

200,000

23,000

NASSAU

Sell

.720,000

President
SIR Alix. T. Galt.

WALKER

Prompt attention friven to all business In our line
N. Y.CouuErtPO.NDKNTS— Donneii, Lawson A Co.,
and the Mutropolitari National Bank.

ir

370,000

Cash capital
Cash assets over
Deposit at Albany

Cashier.

SURPLUS

Geo. K.

YORK,

;

I.ITTI,E ROCK, ARK.
CAPITAL, (Paid-in) ...... 8r3,000 The

Agents, J. & W. Seligman A Co.
Correepond'tg, Maasachiuetts N. B'k.

Transact a general banking business. Issaa Com.
merelal credits and Bills of Exchange, available In
parU of the world. Collections and orders for
Bonds, Stocks, etc., executed upon the most favoi^
P. N.

Whitaker,

State,
Orders receive prompt and personal attention.
Correspondents, Messrs. Maxwel LA Graves. New
York City, and Messrs. Blako BrocfflH & Co.. New
York and Boston.

VORK

MlaUrmS.

Y. Stock Eich.

BROKERS AND DEALERS Df
City, County and RR. Bonds & Stocks,

LONDON, Head OfBce, 8 Angel Coiut.
SAN FRANCISCO Office. 433 Callfomla SL

•

EDWARns Whitaker.

Member N.

&

NEW

|M0.0(9 0O
S71.M8 86
Deposit with New Yorlt Insurance Denartmpnt. U. S. QoTernment Bonds.... 100.000 00
ndeiltjr
of
person*
Bonds issued Kuarantee ng the
holding positions of pecnniary trust and reeponslblllty also guardian's bonds in Surrogates' Conrte;
Indemnity Donda to Sheriffs, and guarantee all
bonds and undertakings required by the ooorta or
this State in cirll actions and proceedings.
Form uf application and full uarticularacan boob*
talned at the oitice of the company, Itn Broadway.
Wm. M. Richards, Prest. JonN M. Cba.vb. Sec'y.
DIRICTORS—George T. Hope, O. G. Williams. J. 8.
T. Stranahan, A. B. Hull. II. JJ. Claflln, J. I>. Mair*.
A. S. Barnes. H. A. Huribut, Lyman W. Brlggs.
O. Low, Charles Dennis, S. B. Chittenden, George 8.
Coe, Wm. M. Richards. CODNSEiy— Moore A Low.

ST. LOUIS, MO.,

Buy and

Agent.

IB8CE8 Commercial and Travelers' Credlts,aTaUable in any part of the world. Draws Exchange,
Foreign and Inland, and makes Transfers of Money
by Telegraph and Cable.

-

for

St. Louis City and States of Missouri, Kansas.
Texas, Arkansas and Colorado Bonds a spcciaHr.
Full information given in reference to same on aplication. Coupons and dividends collected.

sale.

OP

8.

& Co^T

OLIVE STREET, ST. LOUIS, Rio.

Matthews

CASUALTY CO.

&.

Cash Capital
Assets...

P. F. Keleher

Lkoxahd Matthews.

wn. P. tlTATSON, Sec'r *nd Troaa.
FiUEUTT (JIUABANTEE BUNUS

Financial.

SAN FRANCISCO.
York Agency, 62 Wall St

Antborlzed Capital, Paid np and Reserve,

BBCirK-

SHORT, Prealdent.
NEW. VIce-Prcaldent.

C.
O.

OF

Street, St. Loals, JHo.,

Western and Southwestern Municipal and Railroad
Bonds or Stocks.
Defaulted bonds a specialty. Choice Investment
securities Hlwaya for sule. Write to us before vou
buy or sell auy Illinois, Mi&sourl or Kansas bonds.

305

jrOHN

BANKBBS,

The Nevada Bank

L.

WILL BUV AND BBLL IN VBSTM BNT

Co., FIDELITY

PKALBB8 IH

CalUomia Banks.

INVESTED IN U.
64,000,000 GOLD.

TIIH FINANCIAL BB-OB-

o( Railroad Conipan<w and other
CorporatlOD* whose property la In tho liaada at
ReoelTera or Tmateea.

ARE ISSUED BY THB

&

German Bank,

Bankebs and Stock Bbokebs,

GEORGE

solicited.

113 No Third

I

BUBPLUS,

WILL CONDUCT
GANIZATION

JOHN

ProoeeiU

Acooonta of

John V. Hogan

First-class

Caahler

OFFICE, TORONTO.
BRANCUBS:

TORONTO,

and Prlrate lareston.
CAPITAL rURNIBBBD OB PBOCUBBO (or
Railroad Companiea liaTlnn line* aodcr aonatrae.
tion, and their Bonds purchaaed jr n«||Ottet«d.
riNANClAL NKUUTIATI0N8 aoodaot«d (or
Btatee, CoontlM. Towns and Cltlee, and (or Hailroa4
Compaalee and other Corporation!.
to Corporate

plication.

York. N. B. A.

The New York Agency buys and

:

DEPOSITORY,

0.

l^UISTILLE, KENTUCKY.
promptly remitted at beat rates.

LONDON, KNO.— The Clydesdale BankinK Comp'j

NKW YOKK— The Bank of

Capital Stock, ~r~- • f 1,000,000
BOUND INVBHTMENT BBCURITIKB furnlahod

WILL BUY OR SELL DEFAULTED BONDB or
oonrert them into interest-pajing InTeatmenta.
Clrcolart and other Ui(arniatlon (omlahed oa ap*

National Bank,

First

OFFICE, HIONTHEAL.

UEAD

A. L. Schmidt, Cashier

•

•

OBOBaK UAGUB. Oencrttl Manager.
WU. i. IXUUAM. Asal. Uenerel
BANKKRS:

BOSTON

Co.,

IXJAN BROKERS,
KAN8A8 CITY, IMIS!!>OURI.
WESTERN FARM MORTGAGES, YIELDING
AND 8 PER CENT, A SPECIALTY.

Vloe-Presldent.JOUN McLK.NNAN, ESQ

NBUr

&

Conklin

Jarvis,

dc 7 NAHHAU KT., NEW VORK,
LIBRARY ST., PUILADBLPUIA.
PORTLAND BLOCK, CUICAOO.

a

434

at-

;

chants' National

FINANCE COMP'Y,

1T1E8 on Commisiion.

CANADA.
Capital,

New

prompt

(.'oHRrHPONDKNTR.— BostoH, National Bank of
North America; New York, American Exchange
National Itank and Ninth National Hank; Clilcagf),
Preston. Kenn A Co.; 8t, Loui,, Third National
Bank Kansas CItjr, Bank of Kansas City and Mer-

County Bonds.

Merchants' Bank

Chicago

.MO.OOO

Collections and correspondence receive
tention.

B117

Ofllce,

AMERICAN

Co.,

UKNR(IaL BANKING BUHlKB88TRANbA(h-RI).

WALTER Watson Ag«DU
ALXx'n Lamo.

Iiondon

&

Municipal Bonds and Mortgage Loans Negotiated.
Bight per cent Farm Mortgages a speclallr.
A

WALL STREET

61

*c.

Financial.

BANKERS,

913,000,000, aoM.
5,000,000, Gold.

BMmiKRS, Predldont
W. J. BUCHANAN, Qeneral

C. F,

m

Banken.

A. Prescott

Bank of Montreal.
Sf/RPIiVS,

:

mufmwLLULi

7s,

L. Stock A.

1910.

Bonds.

EASTON,
BROADWAY.

Orric* or to*
Amcrican Dock A iMPKovKMgfrr CoHPAinr,
119 libirtt St.. new York, June 18, I8MI.

1

dock &: IMPRO _
TIIE AMKBIcXN
the right to
1 MKNT COMPANY, baring reserred
interest of their bond*

dated
par the principal and
Sctober 1, ISM, at any time after the llrst day ot
January, ISTO, first haying giyen six months' notloa
of their Intention to make such payment, notice I*
hereby gWen to the holders of the said bond* that
the Company, In the exercise of said right, will pay
the Drinolpal and Interest of the said bond* at the
National Bank of Commerce, on tbe 3lst day of Do.
oaaber. 18U, at which data Interest on said boad*
IQWa 8. BARMB8, Tlo*-Pre*td«ot,

wUoMM

j

:

,

THE CHRONKJLE.

IT

RR.

Pennsylvania

Co.,

PHii^nELPHiA, Not.

1,

1881.

31.

On November 30 dividends will be paid to women
only; after that date they must await their turn
with other stockholders.
JOH^i D. TAYLOR,
Treasurei

TNDIANAPOr>IS DECATUR & SPKINGJFIELD RAILWAY COMPANY.
Issue of 12,850,000 Preferred Si ock and $1,000,000
Second Mortgage 5 per cent bonds to redeem and
cancel the out-tandlng Second Mortgage Income
Bonds of this company.
The readjustment of the bonded debt of this
company, having this day been ratified by the stock,
holders and voting bondholders, the Preferred

Stock and new Second Mortgage Bond! will be
ready for delivers »t the Company's Office, liiO
Broadway, New York, on and after Deo. 1, 1881^
Holders of Second Mortgage Bonds with all coupons
t hereto belonging, or of the Central Trust Company's CertlBcate for the same will receive the following new securities
For each income bonds:
»1,000
10 shares of Preferred sto^k of $100 each
Second mortgage 3 -year 5 percent bunds iu
scrip for fractional

^50

Total per boad

CH

coupon payable July

1,

are dated July

New

York, November

TE.XAS, .November 2, 1881. (
Bids will be recelvtd at this office till December
ity
1, 1881, lor the p rchase of $100,000 of Uallas
Water Works boii< s. Said onds lO date January
.

terest payable in i\ew YorK.

WANTED
Cities of Pittsbura:

County

proximo inclUBive.
C. U. M ANSON, Treasurer.

ST. IpOUIiS RAILWAY COMTEXAS*;
PANY IN TEXAS.—coupons from First Mortgage Bonds of this Company due December 1 will
be paid at the National Ban of Commerce in New
'

Yorli

J.

W. PARA.MORE,

President.

No. 20 Nassau Striet,
-Nkw iORK, Nov. 21,1881.

fplIE

)

FIFTH INSTALMENT OF FIFTEEN

X (15J PER C'- .^'I of ihe aecoud subscription to Llie
Purchasing ^yndicate will be oue and payable
D.'C. 1, 18ttl, at luy omce. Checks should be to the
order of H. Viliard, certified, una accompanied by
liE.NRY VILLABD.
the original receipt.
FFICE OF THE OREUON RAILWAY
NAVIGATIO.S ei'.MPANY,Nu.20 NASSAU

ST..

ti.

TYNDALB,

TRUST COMPANYS" STOCKS.
City and oUier Railroad Stocks &

«»K

V>Easterii Oivts.oii Bonds or tiiis cumpany cue
Dec. 1 will be paid ut the Corbin Bunking Company,
No. 115 Broadway, New York.
F. W. D UNTON, Treasurer.

OrPIOB or THE OHIO SOOTHKR.M RAILROAD

COMPA^ Y,

(

New YORK
npUPONM
OF THE FIRS-T MORT(UA(iE
Vybonds of this company due Dec. 1 will be paid at
the Corbin Bunking ompuny, No. 115 Broadway,
Hew York.
HENRV GRAVES, Treasurer.
'*ROAD\VAy,

N.'. 115

Bonds

AND

H.

•*-

that such of these bonds as are valid and overdue
by the endorsement of the President of said Mississippi Central Railroad Company, will be paid on
presentation at the office of the Secretary of the
thicago St. Louis & New Orleans Railroad Company, 214 Broa'iway, New York; and that interest
has ceased and will no longer be paid on any of said
bonds.
STUYVBSANT FISH, Secretary,
Chicago St. Louis & New Orleans BR. Co.
N. Y., August 1,1»S1.

THE PERiECTJED

R.E]Vi:iJVOTO]V

No. 12
The Board of Directors have declared a Quarterly
Dividend of One per cent on the preferred stock of
this company, payable December 1, 1881, at the
office of

York.

Hatch & Foote,

:No. 12 Wall Street, New
Transfer books close .November 20 and re-

BOUGHT AND

vSmbL^lS

Desirable Texas Securities for Investment ood —
stantly on hana

Kountze Brothers,
BANKERS,
130 Broadway (Equitable Building;,.
N E AV

YORK.

CIRCVEAR !VOTE»
Issued for the use of travelers in
all parts of the world.
Bills drawn on the Union Bank of London
Telegiaphio transfers made to London and tovarious places In the United States,
Deposits received subject to check at sight, and Interest allowed on balances.
Government and other bonds and investment securities bought Mnrt sold on commisnion

rtonnty. City &.

'

1881

cantile

te"c,f,^e''oi;'ih;'as'n"st"'^^" '-'•
^'« '^"""^-^
-'ih^"uf^n

.

o"f'»37ii;i^".""'""'''

U, P.

LUUNSBERY,

>-

Tteatsrcr.

Bontls ol Went. 8tatee.
tlid Land (arunt Bonds.

& Western RR.

i

Pacific

Joseph,

and Banking Houses and Corpo-

Stock.

UR. Bonds.

Old BMnds.
In crnational Improvement Co. Subscriptions.
Brooklyn H.-vatea RR. ^^ecuritieu.
American C.ible Co. subscri •tions.
Midland Railroad of N. J. Securitici.
.Vlo..

Chicag'- & Grand Trunk RR. SecuTi;les.
South t'arollna Hit Securities.

Grand Rapids &

KK. ~tock.
Fort Wnylie Mtook.

liuiiitna
,&

\Vi>l.

K. DTI.EV,

liTUEBT,

New York

Bankers

and

officers

Bought and Sold on Margins.
Interest allowed on Deposits.

Stocks

of

Bbanch Offices,

Every Machine ernaranteed satisfactory

Philadelphia, 132 S. Third St., C. F. Fox.

Albany, N.y., Maiden Lane,

Send for circular with styles and prices
list

of

patrons and testi-

REMINGTON & SONS,
New York.

2S3 Broadway,

nrdlsou

&

E. Odell,

AGENTS FOR

la* South Seventb
3S

W. A. Qbavbs.

Saratoga, N. Y., Grand Union Hotel.

C. H.

t,t

St., Pliiludelplila

ccr,

Chi, as-.

Steel

and Iron Rail

niANIJFACTlIRERS,

Kooms 10
KUUK.CITV.

104 John Street,

>£W

I

'

i

I

Connected by Private Wires,

Corporations.

dc

CSty.

Transact a general Banking Business

Used and endorsed by thousands of

281

NEW YORK

Spencer Trask & Co.,.
BANKERS AND BROKJiRS,
70 Broadway,

rations.

E.

*

Speticer Truile
Oto. F. Petibody.
tYed. B. Ncyt*.

For the heavy correspondence of Mer-

DIVIDEND No. 2.
TheJocuistitaMlning Company has this day de&
^"""^*

Town

^Wisconsin Central Hit.

St. .lo«eph
St. Joseph
City of St.

York, «ov-

clared a dividend of $100,000. belUK one dollar
($1)
uer share, payable at the office St Lounibery

Chew,

C.

J.
WALL STREET, NEW YORK.

7

ISO. 31 PlNlfi

TYPE WRITER.

D B. HATCH, Treasurer. and selected
6KfvlS?M9*'i?'^*= jpCUISTITA MINING monials.
New

SOLD.

See quotations of City Railroads in this paper

Bougbt by

open December 3.

STREET,

BROADIVAY,

NEW YORK.
CITY RAILROAD STOCKS & BOMDH.

Cincinnati Richiuond

T>OSTON «: NEW YORK AIR LINE BAIL- Merchants,
THE TREAStTREB,
)
WALL Street, New York.'

L. Grant,

No. 14S

-*'road company.

UPiriCE Oir

and Atlanta, Ga.

AND

rPHE HOLDERS OF THE SECOND MORTGAGE BONDS OF THE MISSISSIPPI CKNTRAL RAILROAD COMPANY are again notified

t

i

IndlanapollH, Ind.,

LETTERS OP CREDIT

MISCELLANEOUS SECURITIK'«.

Assistant Secretary.

THE Indiana Bi,oo"iN0TON &}
TERN Railway coMrANY,
No 115 BROADWAY, NkW YORK.)}
T±iE FIll!«T MURTUAGE

WK

1

dealer in

STOCKS AI%D BOXDS,
TELEGRAPH STOCKS,

G.4S

OirinCR OP

pOUPONW

CENT,

BONDS, LANDS, &C^

NASSAU STREET, NEW^ ITODK,

21

i'Elt

8

TEXAS RAILWAYS.

NOYES,

C.

A;

New York, Nov. 22, 1881.— A tpecial meeting of
the stockhoklerB of this company will bj held at
Portland, Or* gun, December 20. 1881.
The iransier bo- p^ h will closo for this purpose December 1st and re pen lje<:emDer 2l3t.
T.

OF THE
and Allegheny, Pr., and
Pa.

ot Allesheuy,

PER CE^T,

6

FRAXCIS SMITH,

No.

WM.

Ists.

WRITE

GEO. B. HILL ic CO., Broken,
PITTSBURG, PA.

DIVIDEND NOTICE.

Inst, to first

City Secretary.

TO PURCHASE ALL CLASSES OF BONDS

B.C., Nov., 18, 1881.

A Dividend of SIX Per Cent on the PREFERRED
of this Company having been declare 1 out
of the net earnings from October 23, 1880, to September 80, li-Si (Doing the period trom the commencement of its business to the end of the fiscal
year) the same will be paid at this office, in New
York funds, at par, on and after first proximo. The
transfer books will bo closed from the Twenty-fifth

INDIINA

SOVTHEKN

Deuominali.n, $1,000 each. To run for
tw my yers, and Dear interest at 6 percent per
annum. Payable semi-annually. Principal and in-

SWINK,

Louis

Mortgage Loans,

18^2.

Q. M.

St.

Columbus 4 Toledo Ists.
Jollet i Northern Irts.
Cincinnati Richmond & Fort Wayne Stock.
Cincinnati Hamilton & Dayton Bonds

Secretary's Office, City of Dallas,/

1,

St

FOR CHOICE

Co., Bankers,)

BOi\DS.

17, 1881.

STOCK

&

WALL STREET, NEW YORK.
BIDS FOR M/^4TER WORKS

1

pOLiUMBIA & GREBN VILLE RAILROAD
^COMPANY, TKKASUKBB'S OFnCB, COLUMRIA,

i

18

18S2.

A. D'JPHAT, Secretary.

WANTED
Indianapolis

W IMG,

«S. T.

(With A. M. Kidder

$1,360

The new Second Mortgage Rond^

Bond* GeneraUy.

Columbus & Hocking Valley 2d, Ts, 1892.
Ohio & West Virginia Ists, 7i, 1910.
Menominee River Ists, 7s, 1906 (guar, by Chicago
Northwestern).

NASSAU STREET,

17

Deals iB InTestment siecnrltlea aii4

New Jersey Southern Railway Ists, 6e. 1899.
Toledo Peoria * Western Ists, 7s. 1017.
ehlcago & Eastern lllii ois Ists, 8s, 1907.
Chicago & Eastern Illinois Incomes, 1907.
Columbus * Toledo R.llway 73, 19C5.

:

1881, first

Albert E. Hachfield,

1S19.

Central & Hudson River Ists, 78, 1«03.
Scioto Valley Railway Cons., 78, 1910.

Directors have this day declarea a
8emi-Annn»l Dividend of FOUR PER CENT on
the Capital Stock of the Company, clear of all
taxes, payable in cash on and after November 30,
to stockholders as registered on the books at

amounts of $5 00 or
amounts

Investments.

& Qulncy 4a,

New York

The Board of

October

November
Chicago Burlington

THEASCRER'S DEPAKTMENT.

3P.M.

Financial.

Financial.

Financial.

XXXm

[Vol.

A:

11.

)

JHE

/J

AND

W xmitk

HUNT'S MERCHANTS' MAGAZINE,
eBPRESENTINO THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATE?.
[Entered, according to act of Congresa, in the year 1881, by

VOL.

Wm.

B.

Dana A

Co.. in the vffloe of the Librarian of Congreaa,

SATURDAY, NOVEMBER

33.

CONTENTS.
THE

now

CHBONIOIiE.

571 Sand In Cotton
The Flnanclfkl Bltnation
572 Blimdors by Telegraph
BuolDos; Activity Reflected In
Monetary and
Ckimmercial
Railroad Earnings
574
English News
Baltimore A. Ohio and the War
Commercial and Miscellaneous
of Rates
575
News

577
577
578
579

THE BANKERS' GAZETTE.
Quotations of Stocks and Bonds
New York Local Securities
Railroad Earnings and Bank
Returns
Investments, and State, City
and Corporation Finances...

Market. Foreign Exchange, U.S. Securities, State
and Railroad Bonds and

Stoob
581
Range in Price* at the N. Y.
Stock Exchange
582

THE COMMERCIAL
Conunerolol Epitome
Cotton
^

causing chief anxiety

583
534
585
586

TIMES.
596
507

589 BreadstuSs
590 Dry Goods
I

I

Site (^hxonxcU.
Thr Commeboial and Financial Chroniolb
morning,

with, the latest

news up

to

A

few

is

issued every Satur-

midnight of Friday.

facts in the Treas-

pretty clearly.

it

The average monthly coinage during the

last

year has,

it

appears, been about $2,400,000, and consequently on the
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 milwith an issue of silver certificates in just about the
latter amount.
lions,

But there are other
been

has

which should appear by the
During the time silver coinage
progress, we have imported about 200
facts

the foregoing.

side of

It is

of

in

gold,

besides

retaining our

own

production.

not quite accurate to say that the import was because

of our produce shipments

;

those shipments furnished the

came because we wanted the
gold more than anything else the world had to send.
Had we been on the old greenback basis, or on a silver
basis, the gold would not have come
in the former case,
merchandise at the ruling high values, and in the latter
case silver, would have been sent in payment for our proopportunity, but the gold

New York, N. Y., as second-class
mail matter.]

^Bnterred at the Poat Office at

TERMS OF SUBSCRIPTiON-PAYABLE

IN ADVANCEi
For One Year (including postage)
$10 20.
For Six Months
do
6 10.
Annual subscription in London (including postage)
*2 7s.
Six mos.
do
do
do
1 8b.
Subscriptions will be continued until ordered stopped by a viritten

«nter, or at the publication office. The Publishers cannot be responsible
<tor Remittances unless made by Drafts or Post-Office Money Orders.

AdTertlaements.
Transient advertisements are published at 25 cents per line for each
•Insertion, but when definite orders are given for live, or more, insertions,
« liberal dlseoiuit is made. Special Notices in Banking and Finanoial
column OU cents per line, each Insertion.

London and lilrerpool OlBcea.
The office of the Chromclb in London Is at No. 74 Old Broad Street,
and In Liverpool, at No. 5 Brown's BuildlnKs. where subsoriptions and
advertiermcutn will l>« taken at the regular rates, and single copies of
the piiper supplied at

?

857.

According to that report, the coinage of standard silver
dollars to the 30th of September had reached $98,3'22,705.

millions

cUty

NO

1881.

urer's report, just issued, develop

Wo Must navo More Gold

Honey

26,

Waahlngton, D. C]

—

duce.

We were then, however, establishing a gold currency,
and we needed gold for that purpose, so it flowed in
Yet even with
rapidly as soon as the opportunity offered.
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

each.

a cunning device, possessing just that repelling force,
'WIUXAM B. DANA.
WILLIAM B. DANA ft CO., Pnblislicrs,
though of course not so intended. It is an instrnment for
VOHN O. FLOYD. i
79 ft 81 William Street, NEW YORZ.
Post Office Box 958.
furnishing a cheap substitute, and thus in part satisfying
A no4>t fllo cover is furnished at 50 conta postage on the same is without supplying the need for gold; and the facts as to
IScente. Volumes Imuud for subscribers at $1 Oio. A complete set of
the OOMMKRciAi, AND FINANCIAL CHBONICLB—Jidy, 1865, to date- silver coinage and certificates stated above, measure the
Is.

'

;

van be obtained at the

otBce.

effort of this unnatural

WE MUST HA VE MORE
A

new Administration is about
of shaping a Government policy.

law of Congress during the

last

three years to keep gold out of the country and to force

GOLD.

upon the work silver and its representatives into its place.
Consider how much safer the monetary situation would
Having no history as
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

resource

the country.

when once

Tight in principle

is

years have proved
fact,

to enter

Their support

gained.

is

an unfailing

Besides that, a policy that

is

always a source of strength, and late

it

a capital investment for parties.

the party in power

is

wholly indebted to

its

In

better

r«cord on financial questions for the long and continued
confidence shown it by the people.

What

is

the feature in our

fiscal

arrangements wliich

is

an adverse trade balance it is in position to respond
quickly to a foreign demand. Throughout the entire
country, the people themselves hold only about two

hundred and twenty-five millions and perhaps

leas.

We

look at our large visible supply and
express satisfaction because it compares so favorably with
But
the holdings of the Banks of England and France.

are accustomed

to

those countries have, besides, very large invisible reserves.

THE C!HR0N1CLR

572

[Vol.

XXXIH'

way about 600 obtain gold instead if we only stopped the coinage and
and France about 900 mil- allowed the laws of trade to assert their natural influence.
Observe how the Bank of France is now drawing We have made no reference here to the facts so often
lions.
gold from this source, through the receivers of taxes and presented in these columns, showing and proving that the
course suggested would in the end also secure the re-esit took this
thus replenishing its diminished holdings
tablishment in Europe of silver as currency on a par with
that
the
the
consciousness
and
same course a year ago
gold.
That conclusion is so obvious, following so eviprevented
abundant
supplies
has
such
country possessed
dently
from
what we have said, that it is unnecessary to
rapidly
visible
supply
was
so
the
while
confidence,
loss of
dwell upon it.
Nor will we stop to point out the actual
decreasing.
In a similar position our monetary affairs would be seri- danger threatening the permanency of 'our gold standard
Our whole if we persist in this silver coinage. These dollars have
ously disturbed, if not thrown into confusion.
currency fabric is built upon our visible supply of gold, being now reached over 100 millions, and with the help of silver
almost wholly paper with that exception. If only a portion certificates all of them are in circulation, although worth
It cannot require
of this base or support was withdrawn, it would make the 12 per cent less than our gold currency.
whole fabric totter. This is the explanation for the great the eye of a prophet to see that these two currencies will
England

is

supposed to possess in this

millions in active circulation,

;

sensitiveness our markets have several times

the fear of such a possibility

What

spring of 1879-80.

rency

is

— notably in

shown under not stand

the winter and

the country needs,

if

its

cur-

be put into a thoroughly conservative position,
two or three hundred millions more of gold to

to

is at least

side

by

side

if

the cheaper one

There

be drawn from the old accumulations of Europe; that,
with our production constantly retained, would give us a

truth appear.

consciousness of strength, in place of the sensitiveness

policy, principle, the safety of

which

now

is

at

felt

every upward turn of the foreign

exchanges.

But
supply

it

may be

ferently.

At

least

fore not to repel

do

said that

— Europe has

repel

it,

it,

we cannot

not got

we need

it

it,

it

We

think

becomes us

but to do our best to secure

when we attempt

to

is

a

allowed to

limit,

In the light of the foregoing, is it not evident that
our currency all, call for a

—

pronounced course of action on the part of the Administration on the question of silver coinage ?

secure this additional

to spare.

and

is

and how soon it
will be reached no man can tell.
But when it comes it
will come suddenly and unexpectedly, and through some
revulsion which will disturb confidence and make the
increase indefinitely.

supply

the

it.

dif-

THE FINANCIAL SITUATION.

there-

We

people's

The monetary

situation, so far as

the influences acting

are concerned, has undergone no material

change during

The gold the past week. That is to say, there is no really new
will not come under existing circumstances, unless a want feature to present, but some modification in the forces at
draws it. As illustration, we can note the fitful nature of work.
There is the same sensitiveness but greater in
the movement from Europe to us the present season it degree, the same anxiety with regard to the action of
has halted with every weakening in the rates of interest, Government but more earnest because relief is delayed,
and has been resumed each time the rates have risen. and only slight variations in the exchanges, except in
See, this very week, a decided renewal of the shipments foreign exchange, which has grown weaker, and started
from London, and possibly from Paris, under a slight the flow of gold from Europe again. The temporary
increase of activity in our money market.
Our foreign demand for money has therefore increased in activity
trade is thus in such a condition that we can have gold if during the week, while a prospect of some relief, though
we want it, and if these silver certificates had not been remote, has been added in the anticipated gold arrivals
issued, a very considerably larger supply of gold would which must begin to reach us about a week hence.
have been receiv^.d, and it and silver dollars would have
The special feature of the period under review has
satisfied the Western and Southern demand.
been, as it was last week, the disturbance of confidence
We admit that this struggle for gold is to be a severe which late bank failures have produced, and which the
But Europe has said that gold alone shall be the complications at Boston at the close of last week have
one.
basis of international commerce, and would it not be pru- served to increase.
The. unbusinesslilce and indefensible
dent to accept the guage of battle thus thrown down and methods by which the Boston banks, which suspended,
act as if it were to be so; for if it is, we need more gold were managed, naturally caused great uneasiness, the
and must have it.
Every silver dollar we coin, and, public not knowing how far other banks might be involved
worse still, every silver certificate we issue, weakens our or how widely extended the weak spots might be. If such
position.
The certificate is the more objectionable because a condition was tolerated in the most conservative city of
(1) it prevents or checks the outflow of dollars already the country, it was argued, with some force, that not
coined which might in the absence of the certificates find much could be expected elsewhere.
This feeling however
a lodgment in the remote agricultural districts and there subsided in great part as the week advanced, the general
remain; and (2) because the certificates in a time of gen- opinion tending to the conclusion on the basis of the facts
eral confidence move so readily and perform so nearly all and figures we gave in our article on bank management

•demand for currency with a cheaper substitute.

;

—

the domestic purposes of currency, and yet do not fulfil any
of the requirements of our foreign commerce.
That is to
say, the

last

week

— that

these were exceptional cases such as will

develop in eveiy system as time progresses.
Still, unfavorable rumors have every day abounded with regard to

certificates give us a substitute for the real, and
keep out the real, although in time of general distrust they other banks in other cities set afloat probably for specuwould be of limited service and might prove a source of lative purposes, but yet under the circumstances keeping
great annoyance and danger.
the uneasiness alive, and making all bank ofiicers more disBut we need not prolong this discussion. It is already, criminating in their acceptance of securities for loans.
;

we think, apparent to every reader that we need further
large supplies of gold to give stability to our financial
system; that our coinage of silver and the issue of certifiweakening our power to secure those supplies, while
not really adding a dollar to actual currency, for we could
cates are

Furthermore, Boston unloaded upon New York, early in
week, some of the stocks and bonds which had been

tlie

held there and drew upon this centre for funds.

Notwithstanding the increased activity
Treasury, as stated above, has furnished no

in

money, the

relief,

but has

NOTRMBKR

THE CHRONfCLE.

26, 1881.J

gone on accumulating funds, our SubTreasurj having
added to its holdings $1,14.3,810 during the week.

673

open market for shipment hither, in anticipation of
in
exchange,
it
is
impouible
to
say
This has been a great disappointment. Conservative peo- with certainty, but it is reportod th&t some small
ple do not desire the Govornniont to artificially make amounts have beea so taken.
This gold should arrive
money easy or to raanufacturo any more currency through before the close of next week, and the proceeds will get

A

they desire

in the

this

fall

banks by the 8th prox. at the latest. EstiniatM
sums from Europe cannot be made. At the
and to respond to the demands of trade freely. As the moment the exchange market is unsettled and weak by
ease stands, through unmatured calls of bonds, &c., and reason of the pressure of bills drawn sgainst cotton, food

silver certificates or otherwise.

11

is

that the

currency wo have should be allowed to work automatically

through

its

into the

as to further

Government is holding out- staples and securities. The movement of the first-named
commerce a considerable amount of commodity is likely to be free in tlie immediate future
Such contraction disturbs all business, and cotton bills make exchange rapidly. There has been

daily receipts, the

side the channels of

bankable fuads.

because of the uncertainty it produces, relief a break down in the grain speculation at Western centres
depending upon the action of one man, and that action mainly owing to the large receipts and to the more favorbeing frequently hindered or interfered with by the law able condition for threshing.
period of cold weather
itself.
It is a cumbersome system that works such results, prolonged sufBciently to harden tho turnpike roada, thus
largely

A

and should be speedily revised.
The announcement was made Saturday that the Assistant Treasurer had been instructed to redeem so much o
the balance of the bonds allotted for redemption on the
9th and 16th as had not been sent in to the department,
these bonds amounting to about $3,900,000; but none were
offered to the Treasury under this amended order, none
were obtained on Wednesday and there is little probability
on the 30th. It is evibeing sent in
of any

enabling the transportation of grain to the railroads, would
tend to augment the receipts at the Westc-n cities and

render more

enough

to

difficult the maintenance of prices high
check the movement to the seaboard or to

Europe. It is reported that the interdict against the
importation of pork into France has been removed. This

would appear to be confirmed by the fact that exports of
hog products have been within a few days a little more
free, and if France is taking the usual proportion the

surplus funds out export movement of this staple will add largely to the
redeem called or uncalled bonds with supply of bills upon the market, thus aiding materially in
The extended Gs are keeping rates down to the gold-importing point.
interest to the date of presentation.
There is also good evidence of the outward movenow worth more in the market than the price which the
Government offers, and they may be expected to rule ment of securities during the week.
Whether these
above this figure even after the exceptional demand for have been purchased here for European account or have
them ceases, which demand arises from purchases for been sent abroad on consignment or for a market, it is
temporary investment usual at this season of the year. difficult positively to astert, but the belief is that some
Some other plan will have to be hit upon for the have gone out in response to a legitimate demand, while
redemption of these securities. It is suggested that as others have not. To the extent of the legitimate export of
about half of the bonds embraced in the call maturing securities the exchange market has been supplied with bills,
December 24 have not been forwarded to the department but it would be unsafe to calculate upon a further consideran offer to redeem the balance of 9J millions, without able supply from this source. It will bo 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.
It has also been suggested now to stand a drain of gold than it was six weeks ago.

dent that the Secretary cannot got his

by the

offer

to

that in future calls for the 6 per cents only 30 instead of

90 days' notice be given.

The Refunding

act of 1870 re-

quires 90 days' notice for calls under that act, but there

is

no law regulating the time to be allowed for calling in the
68, and it is claimed that 30 days would be all that holders
could reasonably require.

This

latter,

a very important change in the

mode

could not be done without a

full

however, would be
of procedure,

consideration of

and

its effects

The Bank has lost about £1,000,000 since the rate of
discount was advanced to 5 per cent on the 6th
The Bank of France gained gold first from
of October.
London and afterward from internal sources, and the stock
of the Bank of Germany has been decreased about
£2,000,000. This week the Bank of England shows a
decrease of £'70,000. The Bank of France reports a gain of
6,600,000 francs gold and a loss of 5,075,000 francs silver.

templates the purchase of 4 or 4 J per cent bonds, provided this can be done without loss to the Government,

in the open market in London has risen within the
few days, doubtless owing to the drain of gold from
the Bank, and if the demand from America should be
urgent we may expect an early advance in the Bank rate.

instead of calling in any of the continued bends.
It is
probably in anticipation of some such course that the

The following shows the amount of bullion in each of the
principal European banks this week and at the correspond-

market price of the 48 has been recently advanced. If
the Government attempts to buy the long bonds the market

ing date last year.

Money

on the bonds and upon bank currency.
It

is

reported that the Secretary of the Treasury con-

will doubtless
will

bility of this will

The

Oold.

possi-

already stated, there

is

another source of supply of

besides the holdings of the Government,

about

which calculations cannot be accurately made, but which
may prove important. The rates of exchange fell off this
w^eek, and already we have advices of the withdrawal on
Wednesday, from the Bank of England, for shipment to
America, of £113,000 gold; and Friday the further sum
of £200,000 was withdrawn, but what portion of it was for
America we have not learned. How much has been bought

Silttr.

Ifov. 25,

aotd.

1880.
Silvtr.

»

M

probably be considered before the Secre-

tary announces his decision.

As

Fot. 24, 1881.

soon be swept bare of them, and the price

advance so as to place them out of reach.

funds,

past

Bank of England
Bank of France
Bank ot Germanj

26.949,903
20,610,661
25.369.25S 47,010,857 21.708,555 19.403.938
6,509,862 19.529.588 9.127,33:1 18,231,667

Total thlfl week
Total prevlons we*ik

62,4811,782 66JMO,44.o 57,735,791 67.653,605
.52.192.782 60,434.444 57.438.551 67.613,682

With regard to domestic movements of currency, the
main demand has this week come from Boston, though
It is expected
the South is still drawing upon this centre.
that as soon as confidence

be a return of the funds
operations for the

week

it

is

restored in Boston, there will

has taken from

us.

The Treasury

include the receipt of $1,000,000

THE CHRONICLE.

574

This makes a net gain, which is
gold from Philadelphia.
The payments by
loss to the banks, of $1,143,809 83.
the Assay Office through the Sub-Treasury amounted to

a

$298,035, and the receipts by the Sub-Treasury from the

Custom House were

as follows.
Consisting

DaU.

Ihtties.
XT.

Gold.

;P560,736 53

Nor. 18....
" 19....
"

21....

"
"
"

22

286,297
425.228
493.691
290,568

...

23....

24

45
90
64
01

...

.

$2.056,.?22 53

Total...

8.

Notes.

of—
Silver

Silver

Dollars. Certificates.

$433,000 $12,000 $
229,000
6,000
1,000
306,000
11,000
1,000
330,000
14,000
1,000
215,000
11,000
Holiday.

$116,000
51.000
108,000
93,000
65,000

$3,000

$438,000

$54,000

$1,563,000

[Vol.

XXXin.

BUSINESS ACTIVITY REFLECTED IN RAILROAD EARNINGS.
Tke great activity

in general business finds

new evidence

which are being published in relation to
our internal commerce. Some special lailroad earnings
have been made public the past week which illustrate this
For it is noteworthy that even in those sections
truth.
where the movement of the crops has been greatly diminThus for
ished the increase in earnings is no less evident.
the first three weeks of November the receipts of all kinds
of grain at Chicago and Milwaukee were only 6,383,323

in all the figures

bushels this year, against 10,201,215
Nevertheless, there

is

very

little

bushels last year.

trace of this visible in the

The following shows the Sub-Treasury operations for returns of the leading Northwestern roads, commonly dethe week ended November 23, and the receipts and ship- nominated as grain carriers, for despite the smaller shipments of gold and currency reported by the leading ments of grain, and despite also a falling ofi in the shipments of hogs, the St. Paul, the Northwest, the St.
banks.
Paul & Omaha, and other representative roads, report fair
Net Loss.
Into Banks. Outof Banks
increases in receipts for the first and second weeks of the
$1,143,810 $1,143,810
Sub-Treasury operations, net.
month. The loss in'grain and provisions was wiped out
1,415,000
2,690,000
1 ,275,000
Interior movement
and more than wiped out by the gain in general freight
$1,275,000 $3,833.810 $2,558,810
Total.
and by an augmented passenger traffic.
The interior movement as above embraces all the
Another evidence of the expansion that has taken place
receipts and shipments of gold and currency reported to
in the volume of business is seen in the report of the Railus by the principal banks for the week ended November
road Commissioners of the State of Wisconsin, for the
23, which (stated in our usual form) are as follows.
The report covers not only
fiscal year ended June 30.
Shipped.
Seceived.
Beceipts at and Shipments from N. Y.
the lines within the State, but also all lines without, oper$883,000 ated by companies having any mileage at all in Wiscon$1,234,000
41,000

1,802,000

$1,275,000

$3,690,000

Gold
TotaJ

week taken out

$1,675,000 iu gold were this

Bank

of the

The

sin.

against

total gross earnings thus

only $31,779,355

owing no doubt

to the

in

aggregate $39,298,268,

1879-80.

Net earnings,

unusual rigor of the winter, have

America by the associated banks.
not increased in the same ratio, reaching $17,400,710 this
more or less unsettled dur- year, against $16,526,588 last year; but this does not bear
ing the week, and as it was partially recovering from the upon the point we are at present discussing, of the increased
efiects of the flurry in Boston it was unfavorably influ- activity of all branches of trade as reflected by the gross
enced by active money and by the report that the trunk- receipts of the railroads.
line railroad war was not on the eve of adjustment, as had
The figures cited above relate chiefly to the Northwest.
been stated. The evidence which the returns now being The remarks about them are applicable to the entire counpublished furnish that the war has been damaging try, as other sections show equally favorable results.
roads, namely the
to all the roads, encouraged the speculators for a fall Gould's Southwestern system of
to make an attack upon the principal railroad stocks, Missouri Pacific, Missouri Kansas & Texas, International
these
properties & Great Northern, St. Louis Iron Mountain & Southern,
with which
and the readiness
yielded to the pressure had a demoralizing eifect and Texas & Pacific, on earnings of $479,760 for the first
The activity in money and the week of November, 1880, exhibit an increase this year of
upon the whole list.
prospect that this week's bank return would show a large $99,566, and on earnings of $480,312 for tho second
vault of the

The

of

stock market has been

decrease in reserve in consequence of the drain to Boston,

week an

and

for the

increase of $95,227,

or pretty nearly $200,008

two weeks. The returns of Massachusetts railroads
ted to make the stock market unsettled. There was only to the Commissioners of that State for the year ended
& partial rally on Wednesday afternoon, on the rumor Sept. 30 have not yet been tabulated, so we cannot comthat a plan was being arranged by the Treasury for the pare the aggregates; but an examination of the reports of
the further accumulations in the Treasury,

relief of

the

money market.

contribu.

Friday exhibited a much

better feeling notwithstanding the activity in

the

some

of the leading companies proves that the roads of

money New England

are no exception to the rule of increased

The following table, showing relative prices of business everywhere.
Net earnings in some in.
bonds and slocks in London and New York, at the open- stances are smaller than in the previous year, but th«
ing each day, will indicate the margin of profit for cable causes (in the main exceptional) tending to swell expensei
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 traffic, however, there can
be no doubt. So everywhere we meet with signs of our
Sov.Vi.
Wo». 21.
Nov. 24.
Nov. 28.
Nov. 25.
extremely prosperous condition. The North, the West,
market.

LOTMi'Tl

N.Y. Lond'n N.Y. London N.T.

prieea.* pricea. prices.' prices. prices.* prices.
IJ.S.48,C.

U700 •MM

U.8.3«s

101-95

117-00

llMi 118-64

Lond'n N.T.
•2

o

prices.* prices.

118-T6

117

10174

102«

45W

s
o

»

45-54

ii con. 101-9B$ 103% 101-48* 103« 101-46* 103«
111. Cent. 133-26
132« 132 90 131?« 132-16 ism
139-21 138l< 138-22 \S7H
N. r. C. 139-09 189
32-89+
Beading
3S13t 83Jj 33-10-+ 65«
6558

d

100-77*

Brch'ge,

1

Brie

4«-36

cablea.

lOlJi

101-95

46

46-36

102

im

101-95

11694

102H1

45-95

4-85«
4-8BH
4-M
Bxprefsed lo their New York equivalent.
f Beading on bael* of ISO, par Talue.
•

t Bztaitereat,

CS

131-54

130«

187-47

137

32-94-f

:

43
104

65H

4-81«

the South, the East, all share alike in the present activity.
have been led to refer to this subject to-day by the

We

disposition

evinced in

certain quarters

to

lay unusual

upon the somewhat unfavorable exhibit made by
the Pennsylvania in its October report, issu d yesterday.
that
It is argued that rates were advanced in October,
disless
were
railroad
war
therefore the eSects of the
conthat
and
month,
previous
astrous in that than in any
sequently the smaller receipts this year, when compared
stress

NOTBMXM

THE CHRONK^LE

26, 1881. J

regarded as

peculiarly unsaliBfactory.

with last, must bo
This statement of the case is not quite correct, and besides
not sufBcient weight is given to a falling oS. in tke grain

movement

to the seaboard.

It is not true that the

higher

any considerable part of the month of
was not until Tuesday the 25th that the
Pennsylvania announced its purpose to advance through
rates on grain and provisions to New York to 20 cents per
00 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,
80 that the company could have reaped little if any benefit
were

rates

October.

in force

It

1

from

But

it.

boast

of,

for

even a

20 cent

should

it

rate

nothing

is

remembered

be

that

to
last

year the rate was 30 cents on grain and still higher on
It follows that had a 20 cent charge ruled
provisions.

during the month
below that of 1880.

it

would yet have been 33^ per cent

the

gain

during

575

in

which

receipts

the

two

last

road

the

years

is

made

hat

bo

to

attributed

We

to

this latter source.
cannot prove this directly,
because the information given in the company's reports is
very meagre; yet we have indirect evidence of the truth
of our statement in the statistics of the coal tonnage on th*

main line and some of the divisions. For instance, the
through tonnage of merchandise, east and west (no figures
of the local traffic have over been published), in the late
fiscal

year

stated at 2,014,110 tons, against 1,42,'>,62»

is

tons in 1878-9, an increase of 588,481

same time the

coal

tons; during the

has grown from

traffic

596,004 tons

1,.

to 2,180,608 tons on the

main

from 1,599,695 tons

1,980,102 tons on the Pittsburg

to

line,

a gain of 584,604 tons;

division, a gain of 380,407 tons;

and from 195,276 tons \xy
378,917 tons on the TransOhio divisions, again of 183,641
tons, making a total gain of 1,148,652 tons in coal.

We

have no means of knowing the tonnage mileage, but the

transportation, figures cited make it sufficiently clear that the transportaThe receipts at the tion of coal is an increasingly important item to the comTo show the several items of traffic or at least all
Atlantic ports, which last October were more than 36 mil. pany.
that
are
to be found in the report
less
millions.
Furtherbushels,
were
this
year
than
lion
for a number of yeara
20J
more, Philadelphia's percentage of this movement, which past, we have had prepared the following table.
was last year almost 14 J per cent, is this year only 7^, so

In addition,

already alluded

the diminution in grain

to,

was very decided.

—

—

that that port suffered a double

It is

loss.

claimed that the

Pennsylvania made good a portion of the loss at Philadelphia by a gain in
is

its

deliveries at

New

borne in mind that the receipts

reached only about

1 1

York. But when
at the

it

will

latter port

be granted,

we

and west

1S77-78.

1878-79

1879-80.

1880-81.

1,149,499

1,425,629

1,980,397

2,014,110

easit

lous

Curried to Baltimore—
it

millions this year, against about

19 millions in October, 1880,

Tlirough merob'dise,

think,

Flour, bble
Wlieat. bush

Corn, bUHh
Total grain of

778.211

743,381
.508,992
959,568
9,365,-.i3S 18,467,498 16,409,300 12,573,332
10,lt!4,'285 10,065,530 8,510,456 6,728,287
all kinds,

bush
Live stock, tone

Lumber, tons

20,639,634 29,622.895 25.962,696 20,329,858
121,4;{1
105,454
115,885
13M62
41.270
40,724
54,530
79,003

& coke carried, tons.
any gain here must have been insignificant compared Coal
On mam stem
1,483,076 1,596,004 2,255,146 2,180,608
Of which for Co.'s use..
353,689
382,792
423,256
424,521
Allowing for the lower
On Plttsbure Division.. l,363,0dl 1,599,695 1,521,256 1,980,102
On Trans-Ohio Divs
216,998
195,276
3 1 2, .154
378,917
rates and the reduced volume of grain freight, a decrease
Total
3,063,135 3,390,975 4,388.856 4,539,627
*in earnings of $209,743, or but 6 percent, from last year,
Tonnage of through merchandise shows a steady develis certainly not very strange, and even the larger decrease
of $333,362 in net earnings is not surprising in the face opment here, which is not explained by the figures of
of a 'H cent rate, the rate prevailing before the advance such individual articles as the company gives separately.
to 28 cents.
There is in the latest exhibit of the Pennsyl- Thus, as already stated, the tonnage increased from
but during
vania no evidence of any check to general business 1,425,629 in 1878-9 to 2,014,110 in 1880-1
activity, which is as pronounced as ever, but only renewed the same time the quantity of grain delivered at Baltiindication that the rate war is proving unprofitable to more fell from 29,622,895 bushels to 20,329,858 bushels.
The quantity carried this year may have suffered because
those engaged in it.
of a smaller moveineEt of the new crops during August
BALTIMOREd- OH/0
THE
OF RATES. and September, tlio last two months of the company's fiscal
At the annual meeting of the stockholders of the Balti- year, and also because, if current reports are to be believed,
more & Ohio Ri-ilroad, held this week. President Garrett the company at times refused to receive grain at the
that

with the loss at Philadelphia.

1

;

AND

WAR

presented the report of the directors covering'the operations of the company during the late fiscal year ended
Sept. 30.

The report has not yet been issued

form,

we

prevailing low rates, not wishing to carry at a

loss.

Yet

while these influences are, no doubt, in part responsible

in pamphlet for the reduced volume of this kind of traffic, they do not
have to content ourselves with the account for the whole of the reduction for even 1879»l>stract furnished for publication, which contains merely 80 already showed diminished total?, and that was a year
Mr. Garrett's review of the year's business, without giving when the movement of the crops was free and large, and
either balance sheet or income account.
The report will when rates were certainly remunerative. But whatever

so

shall

;

the cause may have been, the loss was more than made
good by an expansion in other items of traffic. And this
but because there is not a little curiosity to observe the effect is full of significance, for it shows us that on the Baltiupon it of the prolonged war of rates on the trunk lines.
more & Ohio, as on other roads, there has been a marked
The Baltimore & Ohio is southernmost of the five east- augmentation in the volume of general and miscellaneous
andwest trunk lines. It has direct lines to Cincinnati freight, the direct outgrowth of the activity and buoyand St. Louis (over the Marietta & Cincinnati and the Ohio ancy that pervade every department of trade. It is this
&. Mississippi), to Chicago, to Sandusky on Lake Erie, and
It can
class of traffic that railroads most like to cultivate.
attract attention not only because the Baltimore

the

first

of the great trunk lines to

make

its

&

Ohio

is

annual return,

its

Pittsburg & Connellsville division gives it a connection
with the great manufacturing centre of Pittsburg. Its

be more confidently relied upon, as, except in times of
commercial revulsion, it is not liable to sudden contrac-

traffic

is largely through, and therefore a diminution in
on through business has more effect on it relatively
than on some of the other trunk lines.
Yet, aside from

tion, as

rates

the business classed as through,

Having, as best we could, studied the traffic movement,
we are prepared for an investigation of the revenue statements.
The gross earnings on all the lines operated by

which

the

deed

is

it

it has a heavy coal traffic,
be rated hardly second in importance. Inseems very probable that a good portion of

to

happens so frequently

company aggregate,

it

in the case of the crops.

appears, $18,463,877, against

$18,317,740 in 1879-80, again of $146,137.

B^Uon the

.

THE (JHRONKJLE.

576
Pittsburg

&

Connellsville,

The

whose earnings are included,

XXXin.

[Vol.

war

effect of the rate

seen on almost every divi-

is

traffic.
On the main
measure to the augmented coal traffic, which increase line the gross earnings exhibit a decrease of $107,620, and
should be deducted, if we would arrive at a correct esti- on the Parkersburg branch a decrease of $148,002; on
mate of the company's loss from the freight war. Fur- the Central Ohio division the earnings are about the same
ther than that, the passenger earnings are the largest on as in the previous year; on the Lake Erie division there
record, having reached $1,714,922, against $1,379,990 in is a moderate increase; on the Chicago division the earn1879-80, 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 be surprising if the whole sum of the $90,000
eenger traffic without doubt plays an important part in gain, and even more, were due to an increase in passenger

there was an increase of $262,066, due probably in great

the continued gains that

we

all

railroad returns exhibit.

If

allow for the increase of $334,932 on last year in

passenger earnings

—

we understand

(this

to refer to the

main

sion that has a considerable through

The Pittsburg division of the road is the only
one that makes a pronounced increase, and this division
was probably not much, if at all, affected by the war, and
earnings.

lines had besides a larger coal traffic and no doubt also an augwere included the increase would be much larger), and mented amount of other freight, consequent upon the
for the increase of $262,066 on the Pittsburg & Connells- great expansion of trade in the section which the road
ville, the gain of $146,137 reported above would be traverses.

line only

is

it

reasonable to suppose that

turned into a loss of $450,861. When
that the company had a larger through

if all

now we remember
traffic

than in the

previous year, and probably even more largely increased

we

its local traffic,

loss

are able to appreciate the meaning of a

shows

compiled at some expense of time and labor,

at

a glance the results of operations on each division

number

for a

not until

we come

to the net earnings that

Lower

diminish gross receipts

but lower

;

leave a smaller margin

of

rates,

profit,

we

dis-

rates, of course,

inasmuch

as they

diminish even more

receipts.
Thus, while the Baltimore & Ohio
shows a gain of $146,137 in gross on all its lines, in net
earnings it shows a loss close on to a million dollars, or, to

The following markedly net

of over $450,000 in gross earnings.

tabulation,

It is

close the real effects of the war.

be exact, $913,572.

of years past.

to

Tt is

be

said,

though, that last

year the gain in net earnings was exceptionally large, rates

FISCAL ItESOLTS ON BACH DmSlOX.

and being maintained
throughout the year; so that although this year's net are
over $900,000 below those of last year, they are still
being then exceptionally good

1877-78.

Main stem (Bait,
ing)

1878-79.

1879-80.

1880-81.

to Wheel-

and Branches—

Gross eamtugs

8,864,827 11.229,880 11,122,260
4,523.582 6,056,899 6,275.644

almost $575,000

4,039,612

4,341,245

5,172,981

4,846,616

$1,075,000 above those of 1877-78, and over two millions

276,879
76,850

255.007
61.333

314,406
67,909

353,570
'160.037

200,0'29

223,674

240,497

193,533

more favorable than in any of the years preceding.
.
But as compared with 1879-80 every division exhibits a

659,699
473,676

634,915
439,336

860,160
488,331

712,158
639,736

falling off in net receipts, except the Pittsburg

Expenses
J7et

earnlnRS

Washing on Branch (Relay lo Washington)—
Gross earniugs

Exponeea

(partial)

Net earninp[9
Farkersburg Br. (Orafton
to Parkersburg)—
Gross earuiugs
Expenses

Net

above those of 1876-77.

371,829

72,422

,003,500

1,006.025

092,112

777,758

311,454

228,267

296,279

351,248

352,109

23,579

39,794

123,842

180,023

195,579

Columbus) —
Gross earnings
Expenses

829,253
563,805

846.512
573,812

Net earnings

265,448

272,700

290,238
24,790

earnlnffs.

Oentral Ohio THv. (Bellair
1

of

Deficit

(Newark

Div.

to Sandusky)
Gross earnings

—

Expenses

657,632
423,405

639,821
450,707

847,222
tG38,308

899.792
787,418

Net earnings.
Kental

234,227
174,360

189,114
174,350

208,854
189,350

112,374
194,350

59,877

14,764

Surplns
Chicago Div. (Chic. June.
Chicago, III.)—
Gross earnings

19,504 def.81,976

1,057,559
628,011

1,153,852
659,821

1,548,994
982,32<

1,638,662
1,185,592

429,548
52,190

494,531
53,421

566,674
53,754

453,070
46,871

377,358
397,896

441,110
393,149

512,920
391,031

406,199
391,016

Burplns
def.20,533
Wheeling Pittsb.A Balto.
( Wheel, to Wash., Pa.)—
Gross earuiugs
40,984
Expenses
36,164

47,961

121,889

15,183

Expenses
Net earnings.
Taxes

Kemainder
Int on £1,600,000 loan;.

Net earnings
tt

.

Expenses^

Net earnings

Expenses
Net earnings.
Interest

41,193
33,594

50,380
41,786

53,557
52,463

4,820

7,599

8,594

1,094

135,295
84,546!

129,739
84,078

224,649
136,390

177,305
135,756

<t

50,749

45,661

88,259

41,549

1,544,022
958,502

1,598,114
865,832

2,238,482
1,226.655

2,500,548
1,370,075

585.520
659,262

732,282
678,858

1,011,827

1,124,473
678.858

Br't

678,858

Surplus
def.73,742
53,424
332,969
445,615
o/all linei optrat'd—
wroas earning*
13,765,280 14,193,980 18,317,740 18,463,877
Expense*
7,769,301 7,691,595 10,330,770 11,390,479
Jo*,

Net earnings

Connells-

The

Central Ohio division has net earnings of $228,267 this

and as the Baltimore &
Ohio has to pay as rental 35 per cent of the gross earn-

company of $123,842, against
fiscal
year.
The nek
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 oa
ings there

is

5,995.979

a

only $39,794

the year's

deficit to that

the previous

in

operations

of

1879-80.

On

$81,976, against
the Chicago

a

profit

division the

of

net

earnings are this year only $406,199, against $512,920

and the surplus, $15,183, against $121,889.
whether the individual roads exhibit on their
own operations a profit or loss, we have hero no

last

year,

But

indication as to their value

Pilltb.it Connelltv.(Pittsb.

Cumberi'nd)
Gross earuiugs

&

for illustration, has net

in swelling the business of

main stem. Probably the deficit which some of them
show is insignificant alongside the large profit that the
Baltimore & Ohio proper derives from the traffic contributed by them.
The Pittsburg & Connellsville would
appear to be the most profitable division at present
This line is the one latest acquired, and the
operated.
revival of manufacturing industries along its lines, which
began with the resumption of spscie payments, has brought
In 1879-80 net
it an immense addition to its business.
earnings were $1,011,827
this year they are $1,124,473.
the

Straitav.

(New'k, 0.. to S/uttonee)
Gross earnings

to

The Parkersburg Branch,

$19,504 in

O., lo

Xeaark Sam.

ville.

"While net results are there-

as favorable as in the previous year, they are yet

year, against $311,454 last year,

per cent

gross earnings)

Lake Erie

fore not

earnings of only $72,422, against $371,829 last year.

to

Bental (35

above those of 1878-79, and they are

6.502,385

7.986.970) 7.073.398

;

As

the interest charge

is

only $678,858, there

is

a surplus

of $445,615, against $332,969 last year.

Allowing for the increase of $112,646
of the Pittsburg

k

Connellsville,

we

in the net earnings

get a decrease on all

*

the other lines of about $1,025,000, from which

1

dear that the Baltimore

Inoladea targe amounts spent for ImprovementB, &o.
tincludes $40,000 paid In settlement of accounts.
TUs ituB it) ciiOTKed to Ui« kkter«it account of tb« main st«m.

&

Ohio

has, as

it

is

one would expect^.

—
NOTEMBBB

THE CHRONIOLK

36. 1881.]

suffered more severely than either the Erie or the Pennsylvania, for the monthly returns of those latter indicate

large gains in both gross and net for the twelve
From the Cen
months ended with September last.
It is true tha,t many lines
tral wo have no returns.
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 antagonism apparently
existing between Mr. Vanderbilt and Mr. Garrett
unusual prominence has been given to the Central and the
Baltimore & Ohio in the present conflict about rates, we
await with some curiosity the annual return of the former.

—

SAND IN COTTON.
English papers and correspondents of American papers

have

an old complaint.

lately revived

It

seems that some

English cotton spinners, particularly the joint-stock companies at Oldham, have found a great quantity of sand

and plantation dust in the cotton they have used in the
last year or two, and the charge is flippantly made that
this heavy " waste" was put in or left in the cotton for the
purpose of fraud. We see it even announced that the
attention of the United States Consul has been called to
the facts about this sandy cotton at Oldham with a request
that he report them to his Government at home
Sand and dust, it is true, are often found in cotton
bales, sometimes to the extent of 20, 30 and even 50 per
!

known

well

577

to the trade as

"sandy

Any

cotton."

oxperi"

enccd buyer can detect this and make a fair estimate of
the heavy waste by examination of samples.
Exceealve
quantities of this waste in bales may bo detected also by

comparing the size and weight of the bales with the siae
and weight of bales of clean cotton. When a bale of the
average size and solidity of 480 lb. bales of clean cotton,
is found to weigh 600 lbs. or more, the buyer is put upon
inquiry for sand.

Some 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
lesson

English spinners have

some of them have

as

the

same

already, there will

be no

all

learned

.

more complaints of sand found under openers and pickers.
In fact, may we not conclude from the circumstance that
during the past year the weekly reports of the Liverpool
cotton market have often reported sales of

ton as low as 2^d. to 3^d. per

worth 5Jd. to 6Jd.
that

some

—may we not

lb.,

American

cot-

when middling was

from that

fact conclude

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

from the bale to the lap.
are most surely
suppose that the cotton grower desires to have such trash
estopped from making complaint now of the piles of sand
or waste in his cotton.
He cannot profit, or fail to suffer and dust dropped under the pickers or blown into the
loss, by its presence there, except through the incompeAnd
dust-chimney; they only got what they paid for.
tency or collusion of the man who buys it.
points
the
large
any
spinner
who
to
if
does it not seem as
What is technically known as "sandy" or "dusty" cot- pile of American plantation soil in his mill yard, confesses
ton is readily recognized by every capable buyer, whether
either that he had compensation for it in the price paid
merchant or broker, in the trade, and it is so universally
for the cotton, or that he does not know how to buy bis
rejected from the category of merchantable cotton that,
cent of their weight.

It

is

a great mistake, however, to

40 per cent

at least in waste

All such spinners

cotton well

—

if

such there be

—

?

like cotton in " false-packed "
is left to

fall

and "mixed-packed" bales, it
to extremely low prices, often far below its

comparative value as spinning material, until by
very low price it attracts the attention of speculative

intrinsic
its

operators

from
mate

1

who buy

to 6 cents per

it

as

" rejections" for prices ranging

pound, according to the buyer's

esti.

of extra waste in these bales.

BLUNDERS BY TELEGRAPH.
The Supreme Court

of

Texas has rendered an

interest-

Union
damages for bluntransmitting messages unless the sender will pay

ing decision sustaining the right of the Western

Telegraph Company
ders in

to limit claims for

extra for repetition.

These operators grade their purchases of this sort into
lots as nearly uniform in actual value as is practicable,

and bide the

Blunders by telegraph have been a frequent source of
lawsuits between senders and the
Indistinct handwriting of the original mescompanies.
controversy and of

time, sure to come, after mid-season, when
such 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 responpool, or they sell

it

at the

advanced price to some exporting

buyer who

Many more

sible.

are the result of haste

and carelessneas

in the operator in transmitting or transcribing the message, especially from a receiving operator's misapprehen-

gives, it a like destination.
Finally it reaches
the spinner, perhaps in Oldham, who pays for it 50 or 100
per cent more than the producer received for it, but sion of some abbreviation used, or his mistaking one telemuch less 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

Some
by the excess of trash between them.
to him as received, so that it shall make sense.
sometimes occurs that a bale is carelessly or wilfully such blunders have been very ludicrous as well as annoycharged with sand or other dirt in the packing, as when ing.
In one case a father telegraphed to his younger

loss caused
It

the sweepings of the gin house are shovelled into the

packing box and are found in layers alternating with
cotton in the bale.
These are palpable frauds, and when
discovered are severely punished under the laws of the
cotton growing States, as is the fraud of false packing by
plating a bale of low-grade cotton with a layer of good
cotton on either outside.

We are not now writing of
that
er,

is

unintentionally,

and

these frauds, but of cotton

to the serious loss of the plant-

pervaded throughout the bale with sand or dust, and

is

daughters at school to return home, as their older sister
was "to be married on Tuesday," but the operator ren-

dered

it

"buried," and the girls came

home

in grief

and

tears

In another a father desired his wife
to attend a funeral.
while he was on a journey how
daily
him
telegraph
to
their invalid daughter was, and was horrified by receiving
a dispatch, " Mary had a child last night," when, what the

good lady wrote was, " chilh" A gentleman intending to
an entertainment telegraphed for " two hand
bouquets;" but as the florist received tha dispatch it read

give

—

—

.

"

THE OHKONICLE.

578
two hundred bouquets," owing

"

.

mistaking "hand

" for

receiving

to the

XXXIIL

[Vol.

The Court, however, said that this ciris no error.
cumstance makes no difierence. An operator has not
power, by mere oral conversations with a customer, to

there

ofiSce

the abbreviation hund., and writing

out "hundred;" and the result was that flowers for a
hundred and ninety-eight nosegays were cut and withit

dispense with a general regulation established by the comreading,
pany.
And if a customer has reason to believe there is
dispatch
received
a
merchant
shawl
ered.
" 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.

A

and orange" was what was wanted.
raised knotty questions, such

as,

Errors like these have

are the companies liable

damdamages

for accuracy absolutely or can they only be cast in

proved

[Thft following portions of our London correspondent's letter were sent
us by Wodnesdiiy's steamer. The remainder, m^tiled as usual on Saturday, Nov. 12, has failed to reach us.— JSd. Cuboniclk.]

when some carelessness
Annexed is a statement ahowing the present position of the
how are they to be reckoned ? Must the comBank of Eugland, the Bank rate of discount, the price of conpany make good the entire loss on the 198 bouquets, or sols, the average quotation for Eaglish wheat, the price of
ages

is

;

also, if

are due,

the 99 mis-sent shawls, or are they only liable for some middling uplaad cotton, of No. 40 mule twist, fair second
moderate sum, such as the reasonable cost of sending the quality, aud the Bankers' Clearing House return, compared

message correctly
It is for the

with the three previous years.

?

1881.

purpose of avoiding such vague claims as

these that the companies publish that

if

they are to be

must pay someIn the late Texas

responsible for entire accuracy the sender

thing to have his message repeated.

case the message was written on a printed blank contain-

ing this stipulation

:

" The business of telegraphing is liable to errors and delays
arising from causes which cannot at all times be guarded
against, including sometimes negligence of servants and agents
whom it is nece.ssary to employ. Most errors and delays may
be prevented by repetition, for which during the day half price
extra is charged in addition to the full tariff rates.
*'
The Western Union Telegraph Company will receive
messages for transmission between stations in the United States
«a8t of the Mississippi River, to be sent without repetition
daring the ni^ht at one-half the usual rates, on condition that
the sender will agree that he will not claim damages from it
for errors or delays or for non-delivery of such messages, happening from any cause other than the acts of its corporate
officers, beyond a sum equal to ten times the amount paid for
transmission, and that no claim for damages shall be valid
unless presented in writing within twenty days from sending

1880.

&

A

26,109.540
3,010,953
23.572,587
13,595,014
20,471,312
10,367,829

Circulation
PubUc deposits
Other deposits

(Jovernm't securities.
Other securities
Ses've of notes & coin.
Coin aud bullion
both departments.. 20,727,369
Proportion of reserve
38-73
to liabilities
5 p. c,
Bank rate
lOOTg
Consols
463. 9d.
Eiiz. wheat, av, price.

1879.

1873.

£

£

14,918,481

23,179.650 29.354,850
3,114.197
2,662,003
3 1,939.5 id 26.884,127
18,140,587 14,837,672
18,759,62* 21,284,330
16,122,675 11,168,753

26,592,066

29,302,325

50-72

45-54

26,613,583
5,048,123
24,10.i.7G3

14,865,070
17,2-19.029

2 "a

p. c.

6

p. 0.

96I4

9958

97T8

439. 4d.
6iind.

503. 5d.
7d,

39s. 8d,
513d,

lOd.

9 "44.
74,803,000

6384.
Mid. Upland cotton..
lOiid.
ID'S I.
No. 40 Mule twist.
Olear'K-houae return. 102, 589,000 95.699.000

The following are the current

3

p. c.

25,823,693

rates for

85,211.090

money

at the prinoi

pal foreign centres

Paris
BruRselft

..

Amsterdam

Bank

Open

rate.

market.
Pr. et.
5

Pr.ct.
5
5>a

Kranlcfort

4

Vienna

Madrid

&

el.

Opem
market
Pr.tt.

other

4
6

i\
4\

5^

Gen*'va

4

4

4<i>

4'8

Copi-.,iuugcu

4ia
3Hi

4

Bombay

4

5>a

rate.

cities
St. Fetersburj,'...

5H

4

.

Berlin

Bank
Pr.

Spanish

5

6

During the week ended November 5, the sales of home-grown
wheat
in the 150 principal markets of England and Wales
The message itself was sent by Fry, at Seguin, to Neill,
amounted to 60,544 quarters, against 42,325 quarters last year
words
at Austin, and was written in these
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 quartets, against 169,300
hundred, $2,000 down, five hundred nine months. Answer."
Since harvest, a period of
quarters and 146,200 quarters.
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;
being 1,970,100 quarters,
read: "Sold block 4, 5 and 6 and have place for," &c. the estimate for the whole kingdom
the message."

:

The

report of the case gives no explanation of the mean-

nor of the way in which the error caused damage.
The case was argued and decided on the simple ground
ing,

against 1,755,700 quarters in the corresponding period of last
season and 992,620 quarters in 1879. Without reckoning the
supplies of produce furnished ex-granary at the commencement
of the season,

estimated that the following qnantities ol

it is

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
recoverable for error, unless the sender would pay extra is also given:
1878,
1879.
1880.
1881.
Imports of wheat. owt. 13,31 1,589 13,660,565 15,650,347 11,515,774
for repeating.
The Court says
1,399,899
2,122,033
2,276,461
2,272,117
Imports of floiu" We are of the opinion that the company had the Sales of home-grown
4,301,320 10,818,200
7,807,750
8.537,100
produce
right to make the limitation of their liability in regard
that the

:

to the night message under consideration, and that it was
valid and binding to the extent to protect them from damages
for an error in the transmission of the message, unless shown
to have been occasioned by the misconduct, fraud or want of
due care of itself, its servants or agents, and that unless thus
occasioned the measure of damages is the price agreed upon
ten times the value of the sum paid to transmit the mes.sage.
"
are further of opinion that the mere fa«t that there
may have been an error in the message as received by the
operator at Austin and delivered to appellee, Neill, is not of
itself sufficient proof of negligence to entitle the plaintiff to
recover, as the error may reasonably be referred to some other
cause embraced within the exemption clause contained in this
contract."

We

A remarkal le peculiarity of the particular case was that

Total

exports
Deduct
wheat and flour
Result

22,374,200

412,075

246,523

573,962

23,790,901

23,132,701

22,127,678

23,159,901

price of EngUsh
wheat for season (qr.)
Visible supply of wheat

W'ge

493. 5d.

4l8. lOd.

483. 7d.

41?. 7d.

In the n. S.... bush. 21,300,000

19,200,000

30,424,693

17,215,760

The following return shows the extent of the imports and
exports of grain and flour into and from the United Kingdom
during the first eleven weeks of the season, compared with the
corresponding peri od in the three previous seasons.
Wheat

when Neill received the message he was puzzled by the
word "have," and went to the telegraph office in Austin

Barley
Oats
Peas

^nd suggested having the message repeated; but the
operator assured him that it was correct as received by

Indian
Flour

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-

23,733,863

23,544,776

329,905

24,120,806
or

Beaps

com

IMPORTS.
1878.
1879.
1880.
1881.
owt. 13,3 11.589 13.660,565 15,6.i0,B47 11,515,774
3,582,085
4,114,360
3,222.4.59
3,006,415
2,501,191
3,599,196
2,746,203
2,557,198
376,173
542,Sl)6
2H9,997
338,153
367,546
530,206
347.906
946.541
7,915,957
4,,031,I67
P,3fl6.03s
e,8H5;282
l,399,.?8»
2,122,033
e,;7b,4bl
2,272.117
ZFOBIS.
1878.
1879.
1880.
1881.
552,694
21^,895
377.866
299,<p05
owt.
38,951
4,64S
2.4'^4
10.238
22,475
5,970
8-,9t7
119.421
4,304
16,392
28.613
16,'284
1,280
5,m23
8,974
H'S'J
70,659
2-111,152
50,350
4'f8-3
21,268
33.627
34,^09
30,900
1

Wheat
Barley
Oats..

Peas

Beans

suadeu a customer from repeating and assures him that Indian com
Flour

.

a

.

.

NOYSMBKR

THE CHEONICLE.

30, 1881.

Tha Board of Trade retaroH for October, and for the ten
monthN tended October 31, have been issned this week, and they
show reHults qnite as Hatufactory as had been anticipated. Oar
import!) have been large,

1879.
In October
In ton nioiitlis
In Ootobor
£xi>ort8 Id ton uioutbs

Import*
Import«
Bxporui

The movement

17,(i)»!>,l;t3

1880.
,£27,436,060
337,84ii,8?2
18,683,060

137,875,5117

183,731,037

«32.:i 10, .%(>.->
2«2,4ti2.7!>7

18S1.
«31,3()7.;(I3
328,1.')1,;U)H

2l,221.0Sl
103,043,703

during the month and ten months

in bullion

hare been as follows:
GOLD.
1880.

£
in
in

October
10 months...

Export'* in

Bxporta iu 10 wontha. .
Irai)ort« In Ootober
Imports in 10 months.
Exports in October

Exports

lu

.

e.

1,503,850

1,064,284

7,16«,9.TO

8,84rt,6j5

795,579

2,510,.!:i3

6,475,009

13,667,892

9.1.57,208
1.009. H4()

469,917
5,430,729
482,625

9,323.909

6,233,714

419.694
5,828.315
4H0.883
6,031,024

SILVER
563,720

IC mouths

TOTAI, OOI.L) AND SILVER.
1,001.018
l,it73,767
21,520,564
12,,597,659
4,014,413
1,278,204

Imports

in Oitobcr
InjportM in 10 months
ExiK)rt» in Oct<)'.er
£xpuru In 10 months ...

With regard

20,658,641

to the bullion

1,483.978
14.674,970
2,971,216
19.721,916

12,708,723

movements the following

figures

relate to the United States only:
1880.

Imports In 1 mimths. .
Exports in Ootobur
Exports in 10 months. .

6,307

2,340
18,340
795.969
7,264,913

52.540
460,521
1,911,959

125.329
830,526
3,000
20,390

2,4'^2,439
59..500

686,970

148,673
2,246,488
3„385
30,013

Annexed is a return showing the extent of the imports of
wheat and flour into the United Kingdom daring the first two
months of the season, viz., in September and October, compared
with the three previous seasons, together with the principal
•onntries whence the supplies were derived:
imports or wueat and flour isto great britaix.
Whkat.
1881.

From—

1880.
Owt.
145.806

Cict.

Bassia
United States

America
Oermaujr
France
Brit. N.

Chili

Turkey, Ao

Egypt
British India

Australia
Other couutries

615,883
6,748,700
1,196,269
319,884
2,979
121,743
2,743
200,490
1,049,485
528,259
12,075

47,070
14,705
1,977
17,716

57.770

IHSO.
4ll,H3f«

IMl.

M

42MW

57M,7i8
49.01 H

38,.'i0lt

2.067
10,651

ll>l,4tfl

Cast or wronKht.toiis.
OliI for reniannft.tons.

Steel— Unwrouifht. tons.
I-ead-Plff,

Ac

tens.

Juloyani

IIm.

Linen piece goods. .yds.
.

Jnte-kanufaotu'sor all
Unda.exoept bacs.yda e.509,300 O,OSa,0CO 70,»77,700 84,044,300

Machinery-Steam

en-

„Kines
£
Other kinds
£
Paper— Writing or prlutcwt.
owt.

Other kinds
Salt

tons.

5,170
332.600

41

382

93

133
22,872
21,486
1,973

8,454
3,011
230,293
275.331
2,051

47,600
6,694

Silk broadstiiffH
yds.
Ribbons of allktnfls.£
Other articles of silk

84

£

only

1,060
48,250

28,890

4,224
3,030
313.360

8,857

28,083

81,070

6,629
22,803

10,871
22,137

01.180
82,301

133.563
93,790

Mixed with other material
£
Spirits —British ... . enls.

01,114
333,0f(ft

2,014

Stationery- Other than
paper
£

6,977
8,832
58,071
71,416
734
l^,,^«8
1,364
6,684
29,100
0,791,600
4.450,200
465,400
3,108,324 3,058,202 22.661,630 16,588,744
yds.
90,800
3,667,400
138,000
3.471,500
yds. 1,037,800 1,023,400 32,301,100 33,208,700
being
yds.
110.400
57,600
2,318.300
1,034,900

Tin— Unwrought
Wool— British

...cwt.

lbs.
Colonial dc foreign. lbs.

Woolen cloth
Worsted stufls

Carpets,

not

rugs

In October.

«

2.250
386,722
1,508,680
4,025,455
SILTRR.
76.899

Im|>ort8 in October

I8SI.

1881,

£
October
10 months
October
10 months.

ton*.
Bar, *n
tons.
RIC. of all norls ..ton*.
lIiMips, slmMs.lHiilor 6i
aniinr plate «... tons.
Tin plates
tons.

-/n T*n

1H80.

To British North America the shipments in the same period
were as follows:

GOLD.
1879.

Imports In
Imports in
Exports lu
Exports lu

Iron— Fix

1881.

«

437,319
12,363,296
3,004,507
11,33 t.7,'J2

()ct<>l>or

.

luK

1879.

Imports
Imports

-In Oetettr.-

Hardwan and outlerr £

usual at this period of the year,

aij i8

and they show an increase of nearly £4,000,000 compared with
1880. There is also an increase of about £2,640,000 in the
exports of British and Irish produce and manufactures. The
following are the more prominent featares:

679

1879.
Cwt.

Cwl.
2,305,469
4.745,941
940,224
689,773
38
49,994
80,747
81,543
154,379

981,952
7,451,264

6,4I:>,790

1,380,963
28,516
131

1,776,753
409.786
5,711
507,887

280.095
5,832

860

14.i,ri40

611,2.54

1,300.067
21,607

1878.

}

j

593,506
187,119
534,591

443,090

Apparel and slops
£
Cotton niece good8.yd8.

1880.
7.159

966,700

Kathcnware and porwialn
£
Haberdashery and millinery

Hardware &

cutlery.

Iron— pifr

.

.

.

1881.
12,356
1,783,000

In Ten Montks.1880.
1881.
111.972
164.236
35,912,700 45,064,000

9,227

14,870

60,420

89,537

32,378
13,523
1,652
2,769
5,175

47,543
27,522
4,937
7,987
12,144

709,990
130,297
53,^74
30.620
83,326

863,554
168,138
34,116
41,096
104,801

1,290
1.300
1.067

2.0O2
1,003
1,475

11,327
9,351

236.200
4,650
3,508
2.130
123
28,018

366.000
67,042
4,863

9.471
9.215
1.220
7,333.100
379,913

13,431
6.055,90»

105. ;19
279.088
19.198
121,640

82,564
377,523
26,563
145.368

7,698
13,656
162,700
298,euO

32.755
8,.521
118.354
981
3,862,400
257,900
535,000 10,090,300

38,929
34.435
5,404,200
9,138,100

£
£

tons.

Bar, <&c
tons.
Rit. ofall sorts, tons.

Hoops, sheets, boiler

& armor plates, tons.

tons.
Tin plates
Cast or w rought..tou8.
Linen piece goods.. yds.

Seed

galls.

oil

tons.

Salt
8ill<

yds.

broadstuffis

£

Ribbons

Spirits (British)... galls.

1

8,881

260
33,487

385385

Stationery, other than

£

paper

Sugar, ref 'd4 oandy.cwt

Woolen
Worsted

yds.
yds.

cloth
stuffs

Carpets, not

being

rugs

94,200

.52,600

yds.

1,544,200

1,155,800

Bnzllali market Report*— Per Cable.

The

London >

daily closing quotations for securities, Sic, at

and for breadatufifs and provisions at Liverpool, are reported
by cable as follows for the week endiiur November 25
:

Total

10,798,572

Gemiany

303,685
51,361
1,140,633
86,216
266,370

10,312,301

12,449,429

9,490,601

189,887
57,231
1,320,760
147,23 4
312,823

176,184
40,028
573,544
107,864
285,950

Flour.
France
United States
Brit. N. America
Other countries
Total

174.092
39.709
1,017.348
135,574
368,256

1,850,285

.

1,764,979

2,027,935

1,123,570

The following return shows the estimated value of imports of
cereal produce into the United Kingdom during the first two
months of the season, compared with the corresponding
period in the three previous seasons

Wheat
Barley
Oats

JE6,2ll,a33
1,112,932

.

735.663
111,537
109,094

Peas
Beans
Indian
Flour

com

1,676,413
1,535,001

:

1880.

1879.

1878.

£5,284,918
1,121,059
685,437
182,223
108,878
1,957,480
1,418,183

£6,903,743
1,439,904
1,026,557
68.672
172,461
1,248,160
1,618.698

£4,787.303

Sliver,

723,'-'91

101,373
107,979
1,817,862

932,378

aggregate rather more for cereal produce than in 1880

;

but the

not great.
The following return shows the extent of the exports of British and Irish produce and manufactures, and of foreign and
Colonial wool from the United Kingdom to the United States
daring the month of October and during the ten months ended
October 31, compared with the two previojis years
is

money

'Jonsols for

account

Fr'ch rentes (iu Paris) fr.
0. 8. Ssext'u'd intoSiflS
a. 8. 4198 of 1891
0.8. 48 of 1907
Erie, common stock
nimois Central....

Liverpool.

...

,,

Alkali.

cwt.

. .

-

18i0.

1881.

291.872
8.322
66.931

-Itt Ten
Ih'SO.

Montht.
1881.
2,580,994
57,641
!."•' 8,439
i»' ''!

2,759,85<?
Apparel and s!op«
£
5 739
63,978
BaKS ami sjwlig
Am.
4r,29'9
341,249
Beer anil ale
bbls.
2 114
1.737
17.452
Cotton piece goods, yds. 3,992.700 4,353,800
70,926,200 58,431,20^
Earthfnw. 4 porcelain.*
80,050
83,406
772,848
732,593
Hal)erda«hery and mil""en^
£
33,574
37,277
430,179
870,775

Fri.

1001,
I00ii«

51T8
1001,,
100».«

Si's
lOOis

8612'« 8602 >9

95-7(J

8520

104^8
115>s
I2014
47^8

105

103
1131s
1201*

83-45
103
11519

85-30
104 Ht
II5I3
I3OI4

137 «9
65^8

137

1051a
115>s
12038

48

137%

Sat.

a.

14 3
10 8
10 8
11 2
10 11
6

75
15

6

34 «4
1431s

Uon.

65%
34 14
143
Tuet.

57 6
^A

Tkurt.

14

3
8
8

14
10
to

3

10

1

11

I

14
10

91

Wed.

8
8

3

40

33Ve

10
11 1
10 11

6
75
40
91
07 3
54

10
11

64%
33 19

141%

143

3

14
10
10

53

46%
1351a

d.

d.

2
10 11
6
75

46%
65 «

..

:

11

34%

I20^
13511

d.

d.

8
8

47
I36>g
6348

:

t.

91
-4

115<«
1201a
4719

100%

8
8

Fri.
$.

d.

14 3
10 7
10 7
1^ I

10 11

1011

1011

6
75
49
91
37 6

6
75
49

5 11
75
48 «
01
57
55

.5.1

91

37
5t

6
6

National Bakks.—The following national banks have been
organized
2 590— The

:

First National Bank of Bralncrd. Minn. Authorlied capital,
00. William Korris, President; U. A'. Holiand. Cashier.
National Bank of Ui-troit, Mich. Authortjwl
WIUcapital, $250,000. Hugh McMillan, Preaideut ; MorrU L.
$.50,(

2

24.\,766

Thfurt.

1.

Flour (ex. State. 100 lb.
"
Wheat, No. l,wh.
"
Spring, No. 2...
"
Winter, West., n
"
Cal. white
Com, mix.. West. "
Pork, West, mess ^^ bbi
Bacon, long clear, new..
Heef, pr. mess. new,^tc.
I.ard. prime West. V owt.
fhc-MM J^Mi. niinl*.e, new

Tua.

Ved.

65%
Philadelphia & Reading. 33%
14319
New York Central

:

bxports.
-In October.-

peroz

Consols for

Mon.

SlTg
31^8
1001»ig 1001618 lO03,«
10038
100%

Sat.

d.

1,289,911

TotaJ... £11.512.578 £10,758,180 £12,478,195
£9.760,330
Owing to the high prices current, we are paying in the
difference

London.

591—The Commercial
iams. Cashier.

IMPOBTS AiTD EXPORTS FOE Ti« Wbbk.—The import* of last
week, compared with those of the preceding week, show
an increase in dry goods and a decrease in general raerchandiae
The total imports were $8,646,769, against 19,864.613 the i»eThe exporta
<<iding week and :!s7,817.034 two weeks previous.
«ie week ended Nov. 33 amounted to 6,88«,7W, ngiiMt
•

f^,,

THE (CHRONICLE.

580

week and $6,029,302 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 (for general
merchandise) Nov. 18; also totals since January 1:
FOREIGN IMPORTS AT K«!W YORK.

$7,005,219 last

For

1881.

1880.

$883,291
4,485,340

$1,404,562
8,961,546

$1,279,714
8,417,141

$1,873,709
6,772,050

$5,369,231

$10,366,108

$9,037,855

$8,645,759

Geu'l mer'dise
Total
Since Jan.

1879.

1878.

ireefc.

Dry Goods

1.

Dry Goods

$84,510,915 $113,089,317 $101,569,011
215,290,44? 327,092,619 290,079,118

$69.79S,S9G
1-8,365,910

Cen'l mer'dise

$258,164,806 $299,801,362 $440,181,936 $391,648,189

Total

In our report of the dry goods trade will be found the imports
of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Nov. 22, and from January 1 to date:
BXPOET8 FEOM

NEW TORK FOB THB WEEK.

[Vol. XXXIII.

except through the courts, and there does not appear to be any
legal {jround upon which Best can expect a decision in his
favor.— iV. Y. Times.

Wisconsin Railroads.— The Wisconsin Railroad Commissioners have completed an exhaustive report, showing the condition of all the lines in the State for the fiscal year ending
June 30 last. The following general exhibit, made by the several roads, is taken from the Western papei«:
operating
expenses of
whole line,
$3,929,027
10,191,868
1,135.249
6,908
27,852
287,782
352,264
27,421
800,826
52,350
86,006

Total income of

Name of Company.
whole line.
Chicago. Milw& St. Paul
$14,757,455
Chicago & Northwestern
19,969,335
Chic. St. P. Minn. & Omaha....
2,13H,59S
Chippewa Falls & Western
Fond du Lao Amboy & Peoria.
Green Bay & Minnesota
Milw. Lake Shore & West
Prairie duCheiu & McGregor..
Wisconsin Centr.al
Wisconsin & Minnesota
Wisconsin Valley

16,969
36,641
401,888
491,968
54.408
1,202,025
9y,279

128,702

Totals
Totals in 1879-80

Excess of

eam'gsover
onerdl. exp.

$5,828,428
9,777,467
1,004,313
10,061
8,789
114,106
139,704

26 986
401,198
46,929
42,695

$39,298,268 $21,897,557
31,779,355
13,252,766

$17,400,710
16,526,588

The Commissioners say " If the weather is not unfavorable,
a total of 377.J6 miles of new road will have been built in this
State before the close of the year. The Milwaukee & St. Paul
:

1879.

1878.

For the week...
Prev. reported..
Total 8'ce Jan.

1

«B.783,2B4
307,382,920

1881.

1880.

$7,063,137
309,036,152

$3,164,685
366,282,940

$6,236,799
338,164,871

$314,166,181 $316,609,289 $374,447,625 $344,451,670

have built 44'55 miles; Chicago & Northwestern, 135'50 ;
Chicago St. Paul Minneapolis & Omaha, 33 Milwaukee Lake
Shore & Western, 30 Milwaukee & Northern, 21'5
G-reen Bay
& Minnesota, 6 Wisconsin Central, 9 Chippewa Valley &
Chippewa Falls & Northern, 12 Northern
Superior, 34
Pacifle, 12 Chicago Portage & Lake Superior, 40."
will

;

;

table shows the exports and imports of specie
ti, the port of New York for the week ending Nov. 1.9 and since
January 1, 1881:
KXPOHTS AND IMPORTS OF 8PBCIB AT NEW TOBK.

The following

Imports.

Exports.
Oold,

We^.

Since Jan.

]

$70,160

Great Britain

6,506
2,000

"West Tudlea

253,706
102,700

South. Atnerioa

All other countries
T«tal 1881
Total 1880
Total 1879

$1,566
5,000

Since Jan. 1

$32,359,234
3.893,671
9,186.033
225,512
2,547,394
304,208
731,744
12,109
2,046,539

$

2,188,023
2,070,138

$237,621 $51,069,023
2,423.475 50,053,733
4,263,932 64,310.549

$8,949,937
314,950
270,809
10,204

$220,883
20,065
241,735
759,764

$435,066
...

Week.

;

;

;

;

;

;

Worcester & Nashua.— The following is the report to the
Massachusetts Railroad Commissioners for the year ending
September 30, 1881, in comparison with the previous twelve

months

:

Income
Expenses

Netlncome
Dividends, per cent, paid
Miles of road operated
Number of passengers
Number carried one mile

Tons of freight
Tons carried one mile
Capital stock

Funded debt

SUmr.
Great Britain
France

$21,802
27,000

West Indies
All otlier countries

Total 1881
Total 1880
Total 1879

$48,802
137,000
238.231

f
2i',383

38',444

5,573
12,582

29,796
$9,614,140
5,320,139
11.438.116

$37,538
36,174
237,049

1,125,895
169.006
21,761
$2^559,114
5,007,638
7,454,609

Of the above imports for the week in 1881, 122,627 were
American gold coin and $23,163 American silver coin.
Auction Sales.— Messrs. A. H. Muller & Son sold the following at auction this week;
S}iarei.

860 N. T. Ijoan & Improvement Co
70^3^83
102 H. J. Lighterage Co
16

Shures.

50 Brooklyn City ER. Co.. ..200
50 Nat. Bank of the Repub.141
11 Glen Cove Starch Manufacturing Co
146
10 Broadway & Seventh Av.
131
ER. Co
20 German Amer. Ins. Co. ..191

30 First Nat. Banlt of Colorado Springs
96
20 Golden Smelting Company, Golden, Colorado. 20
16 MU-wankee & Korth. EK.
1 Southern Transi>ortation
preferred
Construction Co
135
$6
Bonds.
500 Mexioan Tel. Co....ll4«110'fl
25 Baring Cross Bridge Co..lOOia $500 Mt. Vernon RR. coup.,
90 Met. Tolephone & Telefor $9
due May, 1874
graph Co
Ill
$20,000 N.Y.City con. 78 stck,
1,300 S. C. KB. Co. stock (Purdue '96, rg.l28''8®129»8 & int.
chasing Committee's re$6,150 City of N. Orleans 78,
ceipts)
due June 1, 1895. Decem39%
14 Gallatin National Banl£..165»s
ber, 1876, coupons on
64=8
5

Bank

of

Commerce

1.50

$1,200 City of N. Orleans 10s,

12 Howard Insurance Co. .114
due April 1, 1881. Oc12 Jpriclio Plankroad Co. $6 p.sh.
tober, 1378, coupons on.. 62H
20 Old Dominion SS. Co
llOi^ $550 City of N. Orleans 7s
100 Fourth National Bank...l25'2
bonds, due March, 1894.
10 Second Avenue ER. Co ... 135
Sept., 1878, coupons on .. 6O14

Otherdebts
and loss

Profit

Total liabiUties

Cashassets

Equipment
Construction
Total assets

1880.

1851.

$575,860
386,559

$610,874
433,574

$189,301

$177,299
3

94*5

371,019
6,784,960
467,479
14,495,000
$1,789,800
1,000,000
3,899
172,877

94'5
402,239
7,229,999
514,226
16,153,062
$1,789,800
962,000
8,462
167,831

$2,966,572
$454,504
390,086
2,121,982

$2,928,093
$390,399
415,336
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 stock at the rate 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. Marshall M. Kirkman. Mr. Kirkman has written several books on
subjects connected with railroads, and this, his latest work, will
no doubt prove as desirable as his previous ones. The price
is $2 50.

—

BANKING AND FINANCIAL.

ty THE OPENING OP A NEW TRUNK LINE FEOM THE
ATLANTIC 8EABOAED TO THE WEST is an event of so muck
importance that we have taken more than our usual pains to laj' the
information before our customers and correspondents.

We havejust Issued a pamphlet,

copies of

which can be obtained at

CHE3APEABZE A
Western North Carolina— Richmond & Danville.— Gov.
Thomas J. Jarvis, Senator Z. B. Vance, and J. M. Worth, State OHIO RAILWAY to Newport News, and also of the ELIZ.VBETHTOWN
Treaaurer, as Commissioners of th^ Western North Carolina
forming the connection
Railroad, met at Clinton, N. C, November 17, and extended the LEXINGTON & BIG SANDY EAtLEOAD,
time of the Richmond & Danville Company for four months between the Chesapeake & Ohio and its allied lines. West, SouthweBt
our

office,

giving an account of the completion of the

from the

1st day of July last, in order to give it time to comPlete the Western North Carolina Railroad to Paint Rock and
igeon River. Under the act of sale, the Richmond & Danville
Company has thirty days more from the Ist da^ of this month,
and by the Ist day of December next the road will be completed
to Paint Rock and Pigeon River. The Commissioners also
refused to declare a forfeiture of the contract upon the grounds
of not working with due diligence and because of discriminations by the Richmond & Danville Company against North
Carolina cities, towns, and railroads, as alleged by Senator
Vance. Senator Vance strenuously opposed the extension of
time, and urged, with all his ability, a declaration of forfeiture
of the contract; but Messrs. Jarvis and Worth voted against
him and gave the victory to the Richmond & Danville Company.
Mr. W. J. Best and his Boston syndicate expected to get possession of the Western North Carolina Railroad by virtue of a
declaration of forfeiture, but with this action of the CointnisBionera all hopes of getting possession of the road are i>Jt an end.

and Northwest.

The Chos.apeake

& Ohio now

and as the shortest route
of the AUeghanies,

enters the field as a through trunk line

to the seaboard for ten millions of people west

with very light fixed charges and a rapidly-develop-

ing local business.

The company are now ready
of 1911, issued

accrued interest.

ani 18

of the

to sell the $2,000,000 six per cent bonds

on the completed road

A desoiiptlOu of

to

Newport News.

the bonds

Price, par

au4

wiU be found on pages 16

pamphlet.

FJBK

cSt

HATCH, No.

5 Nassau Street.

:

NOVKMBEII

.

.

THE CHRONICLE.

20, 1981.]

581

18R1.
Mot. 10.
Specie

Circulation...

Net

ThefoUowlnxdlTldenili Uavo recently been aiinonnoed:

Xame of Company.

Per

men

rrnl.

Faytiblt.

Sookt Cloud.
fVay* inelutive.)

ColimiiTlii <s
liivta I''hIIh

Ureoiivllleprof
Sioux Uliy (quar.)

&

00 Htok Dec.

..

Deo.
Jan.
Jan.
Jan.
Deo.
Dao.

10 Nov. 27 to Dec. 11
3 Nov. 23 to

Deo.
Deo.
Deo.

n
u
$3

Union ruclflc

2 Nov. 22 to Dec. 1
31 Doc.
1 to
15 Dec.
1 to Deo. 18
1 Not. 2G to Nov. 30
1 Nov. 1(1 to
1 Nov. 12 to
2 Uoo.
1 to Jan. 2
14
10

$l.'iO ijite.

Noitlurii
(i|uur.)

WllinluKtuu (:.>luinbia

depoaltit

A Augusta.

WllmlnBloiiA WcMon
ifilxciluiioona.
DdliiWHrv ..t Iliiilsiin C^nnl (qunr.)
LebiKli Coril i Navigation

1^
3
3
1>2

2

NEW YORK. FRIDAY. NOVE.VBER iS,

1881-9

P.

M.

The Money Market and Financial Sitnation.— A.s a result
of the failure of the Pacific National Bank a week ago to-da.y,

.

Legal tenders.
Legal reserve,
Beaerve bald.

Surplus

Railroads.
Atoll iHon Toiu'ka <& Banta Fe
BoHtoii A Aliiuiix
Clilcat;(> Hull. A yulnoy (quor.)...

prtnout»t4k.

1S80.

ir7».

iror. 20.

trot.

n.

Loan* and (lla. •31S.IB3.3Ool|na.*2,054,A00 9JIA,334,0O0 •27fl,104.40»

DIVIDENORI

*

Dlflir'nemfi-^

.Mi.oio.yoo l>eo.
Hl.tld'.MOO I>PO.
21)1.0M><..',(Kilrno.
13.27 tl.Oiolliio.

872.772, rj.'. Inc.
73,225,7001 Deo.

»2.4a3,378|Dec.

83)1,200

o:i.»3o,;ioo

."10,(810.700

80, TOO
18.730,400
22..'>»O,40O
411.200 2(».'i.H71,«00 230.:i()7,30O
423,000
12,078,000
18,085,200
• 102.800 73,0fl7,83O •e2.A74.32»
410,300
75.UCO,00O
C8,lfOI4>00

»aifl,000

• 1,941.030

•0.tt7A7»

Exchange.— Foreign exchange waa heavy, and the banken
reduced their rates for sterling )ie. three Umea during the week—
the last time to 4 80 and 4 84. The deoline was doe to a very
demand, increased offeriogB of bankers' bills against ahipments of secarities, and the stringency in money, Ilatea are not
light

down to the specie importing point, and yet on Wednesday
£113,000 was withdrawn from the Bank of Enghtnd for shipment
to America, and probably further amonnta were taken to-day.

yet

as the Bank lost £200,000 on balance. The market clooed with
rather more steadiness, and actual baainesR in sterling was at

4 79@4 19)i for bankers' 60 day bills. 4 83@4 83^ for demand.
and the fact that the Clearing House banks of Boston were com- 4 84@4 84^ for cables and 4 77^604 78 for commercial. In
pelled to render a-ssisfance to the Central National Bank of that Continental exchange there has also been a decline, and the
city,

Wall Street was

filled

with disquieting rumors durinfj the

early part of the current week.

Values on the Stock Exchange

were depressed, both government and railway securities recording lower quotations.

The money market was

also unfavorably

affected,

and stringency

from

market for Boston account, in connection with the

this

prevailed,

the withdrawal of funds

financial troubles in that city, tending to

advance the rates of

closing transactions for Saturday's mail were at 5
for 60 day Paris francs, 5 22}i@6 21% for checks,

26^95 26M
93^®94 for

60 day reichmarks and 94%®94% for demand.
In domestic bills New York exchange was quoted to-day as
follows at the
places named: Savannah, buying
off,

%

selling )4,to]4 off

;

New

Orleans, commercial 200 dis.,
Boston, par
17 discount.

bank

@

par ; Chicago, par ;
Quotations for foreign exchange are as follows, the ontside
prices being the posted rates of leading bankers
:

The

interest.

fact that the Treasury

16,000,000 of the extended bonds

a single

ofi"er

was

elicited,

up

to

was prepared to take

served further to impart stringency to

the market.

To-day, however,
all

there

was

a

November 25.

Wednesday, and that not

decided

improvement

in

Sixti/

Dayi.

Prime bankers' sterling bills on London. 4 79 »4 80
Prime commercial
4 78 ®178's
Documentar.v commeroial
,
4 77>9a4 78
Paris (francs)
5 2G%a5 25
33S89 39%
Amsterdam (guilders)
...
Frankfort or Breinen(relchmark8)....

the markets and the week closes with a greater degree

03^'»a

04>4

Demand,
4 83 94 84
4 82 94 82^
4 81ii»4 82
5 21Tg95 20
Sa^ga 40>6
9i\-a OS's

—

United States Bonds. The government bond market waa
of confidence than has prevailed for some time past. One
heavy and lower early in the week on the money stringency and
reason for this is the growing belief that Secretary Folger will the various rumors about fresh bank troubles but at the close
proceed promptly with practical measures to increase the Treas- there waa a very decided change for the better, and prices adury disbursements, it being now perfectly clear that the means vanced ^@54 per cent under an active demand. The reports
from Washington in regard to the prospective policy of Secretary
taken thus far to bring about this result have been inadequate.
Folger, alluded to above, were one of the main causes of the adWashington advices state that the Secretary is engaged in making
vance late in the week.
a computation as to the price at which he can purchase the different
The closing prices at the New York Board have been as follows:
classes of bonds, and bankers here expect that at the close of the
Ifot.
Xo*.
Ifot.
yov.
month a policy will be announced that will embrace either the
19.
21.
24.
22.
23.
purchase of 4 and 4.J6 per cent bonds or the calling in of the
101% •lOlSj lOlSj •lom
68, continued at 3>3.
extended 63 on thirty days' notice. If the latter method is 5a, continued at 3>s-.
lOl's 101 Tg 102
102
1121* 11258 112S8 112<b
reg.
adopted, it is believed that the call will be accompanied by an 4198,1891
coup.
4>is, 1891
'1131a l)31l! 11338 113>«
reg.
116=8 116% 11658 lie's
Is, 1907
order to pay off the bonds at once withont rebate of interest
I
is, 1907
coap.
116% 116% 11658 116%
It is clearly evident that the Secretary must take such action as 68, cur'oy, 1895. .reg.
130
130
130
130
'130>4
130
130
130
will most speedily accomplish the end aimed at, and in the be- 68, car'oy, 1896.. reg.
130 19 130
130
88, cor'cy, 1897.. reg.
13
lief that he would do so, the loan market was easier at the close.
130
6s, oor'cy, 1898.. reg.
130% 130 130
•131
130
130
130
88, our'oy. 1899.. reg.
Another cause for the improved feeling to-day was a report that
* Tbls Is the prloe bid at tbe morning board
no taU waa made.
Mr. Ruttenhad gone to Philadelphia, commissioned by Mr. Vanderbilt to end the prolonged railroad strife. Similar reports
State and Bailroad Bonds.— The volume of business in
have been current before, and were invariably incorrect, so Southern State securities shows a large decrease, and prices
that some corroboration from official sources is necessary before have declined materially, especially for the Tennessee and Arkansas issues.
too much stress be placed upon their accuracy.
Bailroad bonds were also lower for the specnlative issues,
Early in the week the rate for call loans was sharp 6 per cent
with transactions also at commissions of l-64@l-32 per diem, in with the sole exception of the Boston Hartford &Erie firsts,
large.
The pric«
addition to full legal interest. On Wednesday and to-day, the transactions in which were very
however, commissions were les.s frequently paid, and the market advanced 12 per cent, and the closing sales were at a reaction of only 2 per cent from the highest point. The improveclosed ea-iy at 4@5 per cent. On government bond collateral
money was in good supply throughout at 3?6@4 per cent. ment in the stock market imparted a steadier tone to the whole
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;

:

crease for the week of £70,000 in bullion, and since the st ateBailroad and Miscellaneons Stocks.—The stringency in
ment was made up there has been a further loss of £280,000 on money and the disquieting rumors, already alluded to, led
balance. The percentage of reserve to liabilities was up to to great depression in the stock market, and prices declined
40 7-16 per cent, 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 francs gold and a loss of 5,075,000 Mr. Vanderbilt had gone to Philadelphia for the purpose of

francs silver.

The

statement of the New York City Clearing-House
banks. Issued Nov. 19, showed a decrease in the surplus reserve of
$519,000, the excess above the 23 per cent legal requirement
being $2,453,575, against $2,973,575 the previous week.
last

The following table shows the changes from the previous w«ek
and a eomparison with the two preoeding years

concluding terms for a settlement of the trunk line difficulties
caused large purchases of stocks to be made both t»T the long
and short account. This afternoon the rise was stimalatad by
the prospects of early Treasury action with reference to the purchase or calling in of bonds. The trunk line and Soathwestem
shares were particularly prominent in the dealings throoghout
the week.

—
.

H

.

THE (MRONK'LE.

582

RANGE IN PRICES AT THE

N. Y.

[Vol. XXXIII.

STOCK EXCHANGE FOR THE WEEK:, AND SINCE JAN.

DAILT HIGHEST AND LOWEST PRICES.
STOCKS.

Monday,
Nov. 21.

Saturaay,

Nov. 19.

Wednesday, Thursday,

Tuesday,
Nov. 22.

Friday,

Nov-

25.

Sales of
the Week,
Shares.

KAILROADS.

.

59

60

60

82

80

80

'79

81

623,

61=8

621,

Do
Do

Chicago

61=4

92=8

63 14
95>8

28=4
28
39 'a 40 14
29
29
132i, 133

Isticref

Alton

Do

*80
62

pref

Chicago Burlington * Qnincy.. 138 140 14
Chicago & Eastern Illinois
Chicago Milwaukee <& St. Paul 107'4 10839
I2II3
pref 121
Do
12614 ;27=i4
Chicago & Northwestern
pref... 139>ul41
Do
134», 135^
Chicago Bock Isl. & Pacitlc.
Chicago St. L. <t New Orleans
3934 403(,
Chicago St. Paul Minn. & Om

Do

132

I39I4 ISO's 138

139% 137=9 138

67I4
9II4

91'8

91

''4

Hannibal

Joseph

<£ St.

Banking

Do

Harlem
Houston

.

Co,

pref

& Texas Central
& West., new.

Illinois Central

Indiana Bloom'n

Keokuk & Des Moines
Do
Lake Erie & Western
Lake Shore
Long Island
Louisiana

Do

Louisville

<&

A

pref

391
31

91%
137

20%

Nashville

<&

Chic.

1

Metropolitan Elevated
Michigan Central
L. Sh. A. West., pref

& Nortlieru
Minneapolis & St. Louis

82%

283,

131

13134

13(1

160

106,194
517
65,785
1,830
1,950
100
13,605
11,126
6,700
8,575

103=8

107%

105 'a 10738
121 121

126

12634

126% 127'6
139% 140
134% 135

139% 139%
13334 1343,

38% 39%

3«34 39%
10034 101

10034 102
64% 5734

54%
90%

55
91
135% 137

19%

90% 90%
19% 20%

193,

12434

126%

78% 81%
14%
14

77% 80

24

24

9438 933b
109 110%

5,200
4,400

90
90
90
90
8934 89 3^
1313413213 I32I4 13234 13134 13134 131% ISl-a
62
603<
48
30
50
60
601a 61

89 '9 90
130=8 132
48% 61

15'i

14»4

I3I4

25 !«

24 In

23

•82

86

44

83% S3
14% 15

43%

44

'-4

433i

12im22l4 120'el21%

93 14 9434
70
70
591,1
68
17

92 '8 94 14
74 S,
74
5834 68
2234
22

92% 93%
72% 72%
5739 58%
21% 21%

1434

243,

43

50

43% 44
119% 121%

43=8

11939

15

121%

pref

72
69
971.
93
92 1q 93 '8
60 12 03

Northern Pacific

Do

pref

Ohio Central
Ohio & Mississippi

Do

1,100
2,475
7,330

2,600
186,675

93%

92% 98%

72

72
69
23

70

5734
»21

70

58%
21% 21%
67=4

69

71

88% 63%

gs-a
9213
50'e

971a
9334

93
92
50

61%

253,

26^

401.;

4114

24

24

30
70

30
70

30
70

90-38

60%

58%

6634

39=8

40

39% 39=8
81% 81 '8
25% 233.

82%
26% 26%
40=8 41%

47% 49%

67
70%
95
97
89 'a 92
48% 49

95

9234

37
81'-4

95
92 =B

97

57%

38% 39%
10334 04%

38'6

30
70

40%

103% 105%

36%

37

»3

83

28.775
1,300
32,941

750
300
6,500
6,lsS
60,660
4,060

700
400
78,859
21,200
2,900

20

81% 81%
136%
107
44

'fl

92%
172

30%

13734
KIH
453^
H33b

176
31

66% 67
39
80

39-39

O
M

13634 1383,

107

45

o

92%
171

30%

107
46
93=8

171
31

56% 68%
39% 40%

4.100
73,915
1,930
132,310
4,700

100
21,398

Pittsburg Ft. Wayne* Chic...
Rensselaer & Saratoga
Rich.* Allegh., stock trust ctfs.
Bichmoud * Danville
Rochester & Pittsburg
Rome Watertown * Ogdensb'g
St. Louis Alton & TeiTe Haute.

Do
pref.
* San Francisco
Do
prof.
..
Do
Istpref.
St. Paul*Dulnth
Do
pref
St. Paul Minneap. * Manitoba
Texas* Pacific
Louis

.

* St. Louis
Toledo Delphos & Burlington
Texas

39I4 403^
64=8 6518
I34I2 133

41
117

26%
40% 40%
23%

1,300

4934

41

81%
25% 25%
40% 403<

531a

22%

23

22% 23

23

37% 39%
65%

38% 40

80
26

82

39

65=8

•136

40

41

39
117

116% 118

393^

65% 66%

138

137

65
135

40=
118

117

43% 44
66% 67
105%

105

76
110

110

39% 40
119%
26% 28%
30
30%

43 14 43%

43%
65%

66% 66%
31

62

65=8

65'8

138

39% 40
119

1193e

26% 27

76
111=4
5534
211.J
llSli-j

86 '8 88 14

77

77

45=8
86=8

47

87%

20% 21
1183.,

44% 46%
85% 863

117
44
8334

43

31
73

110% 110 110% 109^ 110%
51 's 53
52'8 31%
62=9 63%

118%119i4 118

4?

65
65%
105% 105%

1181.

45%
86',

110

111
51% 641

2034

2034

1171^119%
44% 46

84%

86

lis

84

eXFKE8SJ.

lis

86%

1%
8439

141

145 •141
98
9734
98
73 14 73 14 •73
>134
136
134%

American
United States

WeUs, Fargo* Co

COAL AND MINING.

Homestako Mining
Little Pittsburg Mining
Mariposa Land & Mining
Maryland Coal
Ontario Silver Mining
Quicksilver Mining
pref

.,
Btanaard
Consol. Mining

,

,

49
*33
»17
•2

501a

36
19
21a

,

2014

33 "a
14 'a

60
>22l4

Cameron Coal

21
38
14 'e
611a
221a

Central Arizona Mining

Deadwood Mining

•7

Excelsior Mining
NewCentral Coal

Kobinson Mining
Silver Cliff Milling
Btorniont Mining
* These are the prices bid

100

120

7^

4834
•33

•17

1

-

86%
148

•143

145

97=4

97% 97%
75

134% •133

76
135

48%

50%

48

35
19

17% 17%

2%
20% 20%
36
14
60

22% 22%
1% 1%
*7
7%

•2

1

1

84% 85
>143

98
77
>135

4639
•33
•16

146
98
77
133

47%

169

43%
1

84%
143
06

I6934
4534

1%
8534

143
96

7634 78»4
'134
135

46

48

18

13,140
18,200
20
2,150
7,030

700
235
200
200
2,450
2,180

610
100
312
5,095
86,543

13
24
163
4434
94
197
63
124

-20

33
1S>4

22
36

•19

1334

1339 1334
•60
63
2234 2234

60% 60%
2234

2234

21

21

32% 32%

1%

1
*7

21

13% 14
60% 6O34
22 »» 2234
39
39%

8%

9%

8=8

3234 Jau. 13
64% Jan. 23
23% Jan. 5

8%

83a

35% Aug. 22
9734 Jan.
Oct.
Oct.
27% Jan.
50 Feb.
127 Jan.
130 Jan.
35 Oct.
99% Oct.
23 % Aug.

25
39
86
39

Apr.
Feb.

8

12
17

sale

w's made at tbe Board.

90%
97%
25»4

38%
27%
99% 159%
17

117
113

60%

4

100% 204
4S

1

2>'

July 19
Mar. 24

61

Jan. 4
Feb. 25
Feb. 9

90
26
70

Mar. 8

% Jan.

41%Jan.

Mar. 17
51
88 % Juno 24
37'8May 21
60 Sept. 9
126 May 21
37 % June 10
200 Oct. 13

4

June 2'.

8
4

3,800

385
300

6,165

26%
53

110%

77

35
30

Jan.
Oct.

22 't 50 '«
83% 105
158 200
49 3^ 91%

99% 127%
9
23

20%
93
20
77
30
21
30
334

I'aJan.
Jau.
Oct.

Oct.

4234
139",

24

174
109

67%
60
18

29% 43
83
75

121

130%

28% 49%
12
29%
100

123

47% 128
l'>2

109
30
47
133
20

155%
127%

51%
93 »180
32 S

20

36

3938

87%
28%
44%

14
23
573,

1)0% June 3
77% May 12

May

'.4334

25

102

28%

55 June 14
81% June 3
115% Juue29

42% May
89% May

4
25

Nov. 12
47% May 23

74 % Feb. 12
Mar. 7

Aug.

I

94

-'

10'(

16

35
42

42%

112
261.
48
65
33
100
60
40
25
79%
60
88
67
30'

"Hh

80

113»4

26% 48
51% 88%
50
60
25

81

92%
30

147
Feb. 21 102
Feb. 18 27% 82
Ian.
3 107% 146
Apr. 18
% 4%
June 20

Oct. 18 106% 122
66%
Nov. 15 54
66
7834 Nov. 25 42

6 153

98
142

3
15
16
6
4

67
43

June 18 10»

6

8

Nov. 23

3%

Jan. 11

35%

118

June 7 18% 4ai|
39%
Jan. 15 28

29% Jan. 4 26
8% Feb. 7 I't
Apr. 22
2%
9
8 35 May 27 16
20
32% Nov. 23 38% June 10 30
12% Sept. 7 21% July 7 9
53 Jan. 5 75% July 7 45
21 Au.g. 6 27 Feb. 17 20
25 Apr. 27 4534 May 26
2
7
Feb. 14
Nov. 22
1
6% Sept. 17 14 Jan. 8 11%
%Nov. 9 7 Jan. 8 6
15% July

20%
43%

2% 12%

57% June22 18

7 11334

120 Jan.
346 82=8 Jan.
408 51 % Jan.
160 112 Jan.

400
210
800

96%
129%

1(1
80 June 23
20 120% Nov. 14
50 June 18
21;

9

6,740

114>«

99 124%
87% 130
104 146%

7434 Oct. 4 13% 72Sb
129
19 142 May 17 112
June 10 111 129
7 146

Apr.

126,408

160

183%

2ri

l%Feb. 28

and asked—no

29

26% Nov. 14
70 May 26

89=8 Jan. 4 115
30 Jan. 16 49
3,322 135 Jan. 3 190
43,500 43% Nov.2;< 62
612 127% Oct. 21 151
2
1
Feb. 6
4,700

1%
8'a

14

Aug. 26

53

26
9

813,

Aug. 4
Aug. 6
Aug. 17

21

Sept. 11
Feb. 26 121
Sept. 17
Jan. 8 250 May 23
Feb. 26 106 June 18
Jan. 4 146% May 21
38% Aug.18 ,57% May 19
14 Jan. 10 30% June 2
41 Jan. 4 50 Jan. 27
38% Jan. 4 6534 June 2
117 Oct. 12 13534 Jau 20
44 June 4 63 June 30
16% Jan. 26 38 Fob. 21
42 June 22 48 June 23
79 Feb. 25 110% May 18
50 Oct. 27 117% Junell
15% Aug. 9 59% Nov. 18
18 Oct. 10 59 '6 May 26
May 2
9 Jan. 4 24
May 21
6 Jan. 7 15
41
Feb. IS 93 Juno 13
7734 Sept.
126 Feb. 14
86 Oct.
126% Jan. 20
42 Mar. 22 64 'a June 2
Nov. 5 59 May 27
39
23 Nov. l.T 30 Nov. 18
70 Nov. 15 "0% Nov. 18
May 21
36'aOct. (; 54
85 Jan. 28 I14%juii6l4
18% Feb. 20 3934 Juiie23
118 Feb. 25 131 Juno 3
63 Jan. 6 102 Mar. 21
13538 Oct. 19 155 Jan. 3
96 Aug. 25 130% Feb. 16
41% July 26 o'i'gJan, 15
80% July 27 95 Jau. 10
164% Mar. 25 190 Junel3
2738 Aug. 22 43% Feb. 2

7,655

2,200

•7

Sept.22

Nov. 23 33
Nov. 17 175
Jan. 4 350

32 Nov. 1'.' 73=8 June 14
May 13
2,500 19'b Nov. 1'.. »S
60,858 105% Feb. 2S l:il34July 2
49,271
39 Feb. 2.) 60 JiineSO
50,462 77 Feb. 25 96% May 16

200
300

2%

2i|

80%

% Nov. 25 113% June 7 61% 88%
83
76% Apr. 8 88 June 14 60

34

*I
8I4

1%
85%

74

•2

36
14
60

1%
84=9

108% 109%
38% 3" _

61=4

77

46
108 14 1093t 108% 109
108% 108'8 108% 108%
•39
43
170 170
166 170
1691a 170 N 170 174
4334 44 '1
43=8 44%
43'8 44=6
43% 44%
130 130
128 128
129 129

Pullman Palace Car
Sutro Tunnel
West.Uniou Tel., ex-certlflcate.

Colorado Coal & Iron
Consolidation Coal

40

18
130 190

.

Pacific Mall

Do

6538

138

53 la

45=8 4734

pref.

195
3934 41

421a 44
65
67 'l
103 105 "a

118
*Paciiic

4iaj

117

24%

24
195

27% 28

19'8

Pacific

MIS>CEI.,I.,ANEO us;
American District Telegraph
Delaware & Hudson Canal
New York * Texas Land
Oregon Railway * Nav. Co...

5 131 May 16
Oct. 13 30
Oct. 13
Apr. 7 71% July IS
Feb. 26 60 Nov. 14
Feb. 24 90 May 28
5334 Oct. 12 90 Jan. 14
16 Jan. 18 40% June 20
82% Jan. 4 112 Feb. 17
80% Feb. 25 102'eJunel8
2034 Jan. 19 33 '8 May 14
3234 Jan. 12 48% May 14
23 Jan. 25 36 'b Hay 14
127 Aug. 20 156 Jan. 6
140 Mar. 28 153 Jan. 7
136 Oct. 20 182% Jan. 17
90 Apr. 21 95 May 17
101% Feb. 25 129% June 6
11634 Oct. 12 140
May 26
117
Feb. 25 136 Jan. 19
131% Feb. 26 147% Jan. 17
128 Feb. 26 148'=8 May 21

Jan.

45
37
69

23% July
7,950
11,395
42,085
- 6,405
6,700

preJ

Ohio Southern
Panama, Trust Co. certificates.
Peoria Decatur & Evauaville...
Philadelphia & Reading

Wabash St. Louis
Do

39
8OI3

68I3
4018
8238

ST-t

9134

17

Norfolk* Western

Do

Low. Higb

Highesi
st.

Jan. 4 88 May 23 22
3634 Aug. 22 51
Jan. 22
91
Feb. 25 109% Jan. 24
41 % Feb. 1 68% J line 22
81
Feb. 25 10134 Mav 23 61
127% Jan. 29 142 May 10 1063i
17,330
I834 Aug.20 32'eMivv20
9%
100 60 May 12 77 May 24 30
124,300 107 Jan. 4 131
Mar. 9 68%

94I4 95
94=8 9434
941^ 9434
94
95
109>Dll0i4 lOB'alll^* 109% 10934 109 109%

83

.

,

28=4

125=8 124=8 12539

30
30
•69
Do
pref
70
Missouri Kansas & Texas.
893,
39
39
40=8
38'e 41
Missouri Pacific
10334 106
103'9l03'^ 103% 10438
Mobile* Ohio
3714 37
37
37
371a 3734
Morris & Essex
___
Nashville Chattanooga & St. L.
81
81
81
82
82
83
New York Central & Hudson ., 13818 139 138% 139% 137=8 138
New York Elevated
108 Hi 109 Is 108 109% 108 108
New York Lake Erie & West. 45 19 46% 46'a 4638 45=8 46%
Do
prof
9234 9312
93=,
9234 9234
93
New York Now Haven & Hart.
172 176 '172 175
New Y'ork Ontario & Western .. 3138 32
31 "4 3134
30% 31%

„

28% 28%
3834 39%

24%

83
14li
2434

43I2

& Cinctnnati, st pref.
Do
2d pref.
Memphis & Charleston

Adams

9,120

9234

93% 94%
25% 273,
39% 39%

pref

Marietta

Union

138% 139%

6I34

9434

Missouri River

New Albany
Manhattan
Manhattan Beach Co

St.

2834 283<
13934 131

10,700
100
60,340
64,112
1,600
2,300
1,700
1,730

603a

150,056
101
13,360
1,350

4414
120-'8 1221s

LouisviUe

Milwaukee
Milwaukee

28%

BS'-a

'

Dubuqae & Sioux City
East Tennessee Va. & Ga
pref..
Do

9334
9438

100 'e 10838 10638 10738
11934 11934 1211412114
126'>8 127=0 I26I4 127
140 140
139% 140
13334 134
134 134%
*88
8334 833.
85
39 "4 393<
39
39%
10118 102
101 101%

135
133 137
138
20 14 2034 2OI4 2034
1934
Columbus Chic. & Ind. Central.
Banbury & Norwalk
Delaware Lackawanna & West, 125 126 14 124 '6 126-4 124 's
8334
82
8214 83'.
81
Denver (fe Rio Grande

&

24
92=8 93
94
93

92 ''9 94 1q
92 78
93=8
94
95
•28 '
2834 29
3834
38 >2 39
*29
»28%
30
1321a 133 li 132

10134 1021,1
5BI4 .59
9134 9218

pref,

Cincinnati Sandusky & Clev
Cleveland CoL Cin. &. lud
Cleveland* Pittsburg guar

Georgia Railr'd

60% 61%
24

2d pref

&

700
100
200

.

No.

<fe

1,

26%

59

Do

Burlington Cedar Rapids
Canada Southern
Cedar Falls & Minnesota
Central ol Now Jersey
Central Pacific
Chesapeake & Obio

Lowest.

120

& Snsquohanna
& N. y. Air-Lino
pref...
Bnffal o Plttsbnrg * Western

Albany
BoatOD

Range Since Jan.

1.

For Fnll
1881. Year 1880'

Feb. 9
13'. Oct. 29
7 Apr. 13
4
Apr. 13

20

2%
2%

39

30%

4%

27

39%
34%
78%
34

21%
36%
36%
36

s%

R

NOVBMBKR

—

J

.

1..

.

.

.

..

THE CHRONICLE.

36, 1881.

6S8

QUOTATIONS OP STATE AND RAILROAD BONDS AND MISCELLANEOUS SBCURITIK3.
HTATK BON DM.
BECURITIBB.

SECURITIES.

Mlchlnn—
OlMsA,

3 to

B,

CUuB,
CUmC.
en.

0«,

4ii.

IIH)«

ioai», 1900

A rlUDiui*—

6«. fuuilwl, 189»lflOO..
Ft. H. 1»»
7ll, I.. Hook
I..K(«ik
7». Momii.
7«, I.. K.V. Il..t N.O. 11
It. K. Hit.
7a, M188. <>.
7», ArkuimiiH (Vnt. lilt
Conne«tlriit—«8, 1883-4.
eeorgia-dn, 188(!

A
A
A

No. Carolina HR., J.*J. 140
Do A.*0
140
Do ronp. o^ J.AJ. 120
Do conp. off, A.AO. 120

Do

A

New York—
ea,
Oa,
6a,
6a,
6a,
Oa,

lOli

St. Jo., '86
'87
do

103
109
110

Funding

act, 1866-1000.

Do

110>g
111
112Hi
114

1074

33
33
"j

J.AJ., '93-8

A.*0

BR

Special tax, claaa 1, '08-9
Do
claaa 2.

lOH

aooUi Carolina
6*, Ai'i

gold, reg., 1887
gold, oouu., 1887 ...

A

Pa.

lat.Os,

.

Balt.AO.-l»t.

lis,

1910

72 \
II. .t K.— Ist mort..
Bur.Ced. 11.* No.-l8t,5« lOlHi
Boet.

Klnn.it St. L.— l»t,7e,Kii 1'20
lowaC.A West.— l«l,78
C.Rap.la.F.* N.-l«t.6«
Central Iowa— 1st, 7a. '98
Cheaap. & O.— Pnr. m'y M.
101
68, gold, aerloa A. 1908

83 b

6a. gold, aer. B, lut. (let
6a, currency, lut. dof ..

A

Chicago

Sola

Alton— lat m.

Income 78, 1 883
Sinking fund, Oa, 1003..
JoUet A Chicago— lat m.
La.

113

A Mo.— iRt in.,

'2d

guar.
mort., 78, ISMHI

8t.l,.Jack.AC)i.-latm tll5
lat. guar. (.104), 78, '94 1115
2rtm. (300), T». 1898..
2d, guar. (188), 7a. '98.
Mla».R.Br'go— Ist.al. 6s
C. B.AQ 8p.r., l8tm..'83 J106'4
Conaol mort., 78, 1903. .'1128
6a, ainklug (uuit, 1901
C. R.I.Ai'.-08,coup.,1917 126Si
6a, 1917, regiaterwl
126Hl
Keo.A IH'aSl.— l«l,g..l>s 106
Central of N.J.— l.Ht in. ,'90
latconsol., a»8eii(4>il. '09
Conv., aa8cutc(t, 1902...
A<Uuatliit'nt, 7b, 1903...

114
ioe'

V8<9

81

68, 1888
Rho4te I aland—
6b, coupon, 1893-99

,

mtilik^

XMlatond

llOS

FiiomBgSa.l8M....

Do
Do

lit

..

101 Hi
138

Det.M.AT.— l»v,78,1906
Lake Shore— Dlv. bonds

R. D.,1902
Istm., LaC. Dlv., 1893..
Istm., I.AM., 1897....

A D., 1899 ....
C. A M., 1903....

Istm.,
iBtm.,

Kal.

*

1-23

ConaoL, coup.,

124

g.,

122

A

I.

121>4 124

Conaol. 7s, 1905
8d mort., 78, 1884
l8t,7S.I.A b. Kit. .1908
8. W. DlY., lat, 68, 1909.
1st, 68, I.a.A DaT., 1910.

Ceciliau Br'oTi— 7a, 1907

i2I>i
107 >i 9'

94
let8.Mlun.Dlv..6H.19IO lOliV,
latm., H. A D., 78. 1910 110
Dir.,
Oh.A Pac.
Oa. 1910 ;108

l8tChH-.A I'.W..58.1921

Mini Ft. Dlv.. as. 1910.
0.4 N.west.-S.t, 78, 1885
Intercast bonds, 7s,

t93

1883

Conaol. bonds. "78, 1915.. 130
Extension bonda, 78, '85 1..1st mort.. 78,1889...
t

N.0.4Mob.-lst.68,1930
E.H.AN.— l8t,68, 1919
Oen'l mort., Cs, 1930
Penaacola Div 6b,1920
117a,
St. L. Div.-lstj fla, 1921
2d mort., 3s, 1980
Nashv. A Dec— Ist. 7a
97
8.A N.Ala.—8.f.,«8.1910
Lcban'n.Knox O-.igsi
L. KrloA W.-lst. 6s,1919

Sandusky

KoUl, 7s, 1002
Reg., gold, 7s, 1002
.

Slukiog lund, 6a, 1929.
Sinking fund, reg
Sinking tuud. 6a, 1929.
Sinking fund, r^
Iowa Mldl'nd— lat m„ 88

Oalena A Chic— Kxteu
Feolnsula— lat m., conv.
Chicago A Mil.— l8t m..
Winona A St. P.— lat m.
2d mort., 7s, 1907
.

C.C.O.A

Iu(V»-l8t,7a,a.f.
Conaol. mort., 78, 1914..
C 8tL.AN.O. -Ten.llen,78
lat m., con., 7s, 1897....
C. St. P..M.A o.—Cona., 68
C.St.P.AM.-.l8t.08.1918
Wo. Wise— 1st, 1)8, 1930.
StP.AS.C.-lal, 68.1919
Chic. A K.III.— l9t,8.f..cur.
Del. L. A W._78, com-. '92
Mort. 7a, 1907...
Srr.Bing. A N. V.-lat,7a
'
'
Morris A: K8«cx- -lat
2d mort., 1891
Bon.l,«, 78,1900...

Income

»123H:

A

I'd gr.,

reg.

lst.KioG.Div.,68,1930

il6

Pennsylvania

116
126

«27

3d aaa,
Lehigh
104

117

117a,

t

114
128
126

1

llOHl
Ill
ii's'

109

104

noo
09

107
lis
102

89

104 1«
104

ibo'

103

100

St.

Louis

A

I.

Mount

78.

lat

iW
127

Oen.c.r'y*l.g..58,1931..

StL.AltouA T.H.— Istm.

102
92
123
103

2dmort.,iiref., 78, 1894.
2d mort.. Income, 78, '94

;

88M

7^. '09

I).

-l»t pref.dcben.

97 Hi

74 Hi
89>4

pref. dt')ii;ntnrea
4th pref. debentures

N. Y.Lake K.AW.-Inc.6a
N.Y. P.A O.-l at lnc.ac.5.7
N.O. M.A Tex.— Deh.acrip

Ogdenab.AI^C— lncl9'20
Peoria D. A Ev.— Inconiea

!

48
44

68
48

75
76

80
38 If

60
ToLDel.A B.-Inc.08.1910 t36
Dayton Div.— 6a, 1910

63
.36"

Tex.ASt.L.-L.g.,lnc.l920

Mlseellaneoaii

140

List..

(Bniker's QimtatioruA
Boat. liar.
E. new atock

A

Chlc.A Can. So.— lat.

g.,

78

I'l

48

tlOlHi

103%

iso'

130

Dea M.A FI.Dodge-l8t,68
80
Oalv.H.A Hen.-7s.g.,'71
Gr. Rapids A Ind.— fat, 78 115
110
lat mort., 78, guar

lis

Kanaaa A Neb.— lat mort.
2d mort
Long laland— lat mort..
2d mort
Midland of N.J.-lsl.new

Rx.land giant
Stock

86
03 Hi

Income, "A"
Income, "B"
Stock

.

j

2i«

45

Oln. Ind. St. L. A ChTc—
lat mort., Oa, 19'20

110

103
15

105
18

88
85
113
110

66
30

81
13

8

—

100
105
90

.

111«

106
107

115"
83

14 >
91*

37
55
18
80
35
30
89 It
108
110
78
SO

ioei«

80
80

M>s
83
103
lie

09

Sonthern Secarities
(firolEer't Qiuitatioru.)

STATES.
So. Car.— Conaol. 6a(good)

Browne, conaol
Vlrglnla-New 10-40»

Stock

80
86

81

U7

110

.

I

48

117
130
110
183 138
Stock
63
11«
Ctiari*te C.4A.-ConsaL7s 110
101 >s
SdBMrt., 7s
lld'ia
63
55
Stock
109 >« ChlcSt-L-A N.O.-New6s 88 105
110
K. Tenn. Va. 4 Ga.— lat. 7s 116 iia
1133
18«
Oeorgla Railroad— 7s
6a
M07 110
113
Memph.AChar.— laUcona. 113
114
114
lat, rouaol.j Tenn. lien.
101
105
103
Mlaa. Central— lat ni., 7a
107
no
3d mort., 8s
112 114
1181s N. O. 4 Jaokaon- lat. 8a
116
118
1181.
tVrtin, ate. '2d morV, 8a
-latm.,8a 135
Ki"'

.

'

108

46

AtL A Gulf-Cansol.7s,'87 1108 113it
AtLA Charlotte-lst, 7k.. l]3i«
Income, 68
84
85

Car. Central— lat, 68, 1923
i&i\t Cent. Ga.—ConaoL m., 7a

.

|

105

RAIXROADS.

1

t

83
65

106 >s
20
103
N.Y.AO'nw'd L.— lat,7B,n 60
108
14
3d mort
118
A Pao.— 1st m. 88 >i
107
07^ St.3dJoseph
83
mort
111
110
St. Jus. A Weat'n—Stock.
1131c Tex. 4 St. L. -lat. 68,1910
113i«
Utah Central— lat mort.. 106
87
86
Utah Southern- lat mort. 108
114
77 >i
lat aeries, new
Wis. Cent
lis
45
3d series, new
U02Hi lOS

St. P.

—

Aad Mora*a Interest.

87
73

M
«S

3d

76
09 >s

iio'-i

.

t

7i
83

2il pref. ilcheiitnrea...

103^

8t.P.MInu.A Man.-l8t,78
2d mort., 68, 1909
Dakota Ext.— 68, 1910 ..

A Dul.-lst, 58,1931
T6x.Cen.— lst,.s.f..78. 1900
Tol. Del. A Bur.-Main. 6a

.

Prloeg nomluaL

93 >
65

BeIlevilleA8.IU.-l8tm.

..

'

90
69 H:
61

8t.I...A.AT.II.-Dlv. b'nda

109 Hi
101
Mil. L.8.4W.-lst 68.1921
103 Hi
lat. Dayt. Dlv., 6s, 1910
M(i. K. A T.— (ion., con., 68
lat, Ter'l trust, 6s, 1910
89 Hi
89
103
103 »8
Cona., aaaentcd, 1904.6. 107
W. St. L. A P.— Gen. m., 6a
107
109=4
2(1 mort.. Income. 1911..
Chic. Dlv.-ea, 1910
80
»
76
H. A Cent. Mo.— l8t,'90.
Hav. DlT.-6a, 1910
95
108
110
Mobile A O.— New m., 6a.
ToLP.AW.-l8t, 78,1917 115
114
'09
Wabash— Mort. 7a of
Morgan's La.ATe.x,l8t, 68
Tol. A W.— lat. ext.. 78 iVi'4
Naab.Chat A 8t.L— lat, 7a 1171, 117'e
126 <3 127
lat.St. L. Dlv.,7a.l88D 108 "a
2d, 68, 1901
2d mort,, ext., 78, '83
N. V. Centtal-6s, 1883-. 102 Hi 10278
m
i36"
Oa. 1887
Equipm't bonds.7a, '83
no8
116 119
(is, real eatate, 1883
Consol., conv., 78,1907 105 Hi
102
Ot. West
lat, 7s, '88.
Us, aabsorlntlon, 1883.. 102
103S
119' i23"
780l 1.S71-1901
N. Y. C, A H.— lat m.,cp
2d mort., 7a. 1893... ios'ii
136 Hi
lstni..coiiH(>I., guar.,7a 1241a 126
lat mort., reg., 1903 ..
136
Q. A T.— 1st. 7s, 1890. I....
»0l.AU.C.-l8nn.;7a.l884 107
109
Ill.AS.I.— lat, 7a, 1882 101
Huda. R.—78, 2d, 8. t.,'86 110 113
lat mort., 7k, 1891
114
120
Canada 80.— lat, int. gu.
Han.A Naples— lat,
99
Ist mort.. ext., 7a, 1891
:U2H, 116
Harlem— 1st m., 78, cp.. 134
8t.L. K.C.*N.-R.e..78 ii'ii
lat mort., conp., "78, '94. llO-i
OnuDlv.- latmort., 7b
lat mort., 78, reg.,1900 136
126'
lat mort.. rcg., 78. '94... 110
Clarinda Br.-68, 1919
N. Y. Klev'd— lat, T», 1906 118
Ist, I'll. I)iv.,ci..,78,1917
No. Mlaaonri— lat, 7a.
128 H> N. Y.P».40.-Pr.l'n,6a,'98
HoK 78, 1917
WeatU. TeL— 1900, coup. 1117
iN.Y.C.AN.-Oen.,6e,1910
86
.\lli. .(: .susq.— lat m.,
tin
78
1900, reg
N Y.A New Eng.-lat, 78.
Sd mort., 7s, 18S.'5
N. W. TeleKraph-7a, 1904
106 Hi
latm., 6a, 1905
lat,ions.,guar.78.1906
Spring VaE W.W.-lat, 6a
Nevada Cent lat m., 6a.
100
Rens. , t'nr.-lRi. eoup. »;»4
Ot«Kon RR.ANaT.— lat,6s
N. Pac—a.l.gr.,latcon.6a
104
'
:. 1'J'21
134
140
Begiatered 6s, 1921
INCOME BONDS.
IH
I8t.l900 tllSHi
O. PH.-l8t,68,g.,1920
P4>,
N.
94
11910.
109 Si llOHi Norf.AW.—0.l.m.,6a,I93I 103 104
(Intereai payable if tamrii.)
IXm,, ^
-l"t.7a
103
Ohio A Miss.—Consol. a. f. 119
AUk Cent.- Inc. 6b, 1918.
K.T. \. I. ,,...,. 1-1,
Conaolldated 7a, 1808.
AU. A Pac.— Inc., 1910..
Krli>-l..t ir.i'll ivl
•I. .'126
09
2d conaolldated, 78,191
120 Hi 133 la Central of N. J.-1908....
Ist m., Springlleld Dlv.. 11819 130
Chlo-St. L. AN.O.-8d,l 907
i(lmort.,78. 18>-3
105^ lO.lHi' Ohio Cent.-lst. 6s, 1930. 99 >s 99=^ Col.Chlc.AI.C.-Inc.78.'90
4tli miirl f" d.la. in?nl ] an. 107
1 at m.. Trr-l TV.. 6«. 1920
;oo
Cent. In. — ''nnn.deh.ci^rf 8.
I

)'>...

T

.

Sand'krinv. lnc.,19'211
Lat.BI.AMun.-Inc.7s,'9U
Mil. L. H. A W._Incoroea.
Mob..t

76
76

103 >i St'gl.AR'y—Her.B.,lnc.'94
93
Plain Ineoniu 6s. 1896
91 Hi Sterling Mtu. R'y Iuc.,'95
106
107

c.

2d mort., 78, 1897
Arkansas Br.— Ist mort.
Cairo A Fulton- lat ni..
Cairo Ark. A T.— lat m.

106

M

lOS
S3
93

lat, 7a, pret. iiit accura.
2d, 6a, int. aec'niiilatlve

1909

Scioto Val.— Ist, cons.,

>-;

lO?-^

E.

80
76

Urates.
inc

110
Evanav. Dlv. -Inc.. 1920
103 Hi Roch. A PltLs.- fnc, 1921
HI St. Loula I. Mt, A So.—

lbs"

8t.L.V.AT.H.-lst.g.,78 tll7
2d mort., 7a, 1898
_ 2d m.jguar.. 78, 1898.
Pita.B'd.AB — lat,68,19I 1
Home W.AOg.— Con., Ist. 92
Roch.A Pitt.— l8t,«.s,1921 100
Kich. A A ll'g.— l8t,78, 1920 104
Rich. A Danv.— Con8.g., 68. 102 Hi

il6"

I

Ohio Cent. -Income, 19'20
OhloSo.-2d Inc, 88.1921

;ioo

lat, IVt Co. ctta., aaa'd ;iio
2d, Tr't Co. ctfs., aas'd
lst,Tr't Co.clf8.,9uppl. 110

107'4

Dlv., 68, 1919.

110
106

109
103

Iik- .1919
2il inc.

,'.

Lake

1<)3»(

A C- lat, cons

103

(-0- .'ert

1103
106
tllO

Clev. A Pittab.— Cona.,a.f 127
tll4
4th mort., 68, 1892

i07H: lOit

Trust

Ist.A(it V ••

W.A Ch.— Istm 139
1133
2d mort.., 7s, 1912
3d mort, 78, 1912

Col. Ch.
I.
2d con., 78,

A

K.T.Va.A(l.-Ii,

Iod.Bl.AWeat.

116H1 IndaDec.ASpr'd—

110

Pitts. Ft.

131
128
127

119

noo

HR—

Pa. Co'8 guar. 4Hi8 lat
Registered, 1921

1'23

131
130
126

107 Hi Lat. BI.A M.- 1st, 6s, 1919
109 Hi LouiST.N.Alb.AC- Isl.Os 104
128
Manliat.B'ch Co.— 78.1899
ViO\,
N. Y.4 M.B'h— l8t,78.'97
107 1* 10754 Marietta A Cln.— lat, 78..
107
108
lat mort., aterling
tlOl
102
Mettop'lit'u El.— l8l,1908
'2d mort., 6a, 1899
91 Hi
Mich.Ceut.— Con^78, 1902 122 Hi
102 103
lat mort.. 88, 1882, a. t.
102 14
1130
Kquipm'nt bonds, 88,'83
126 "i
6a. Id09
120
Coupon, 68, 1931
120
t...
Heglatered, &8, 1931
126
.lack. Lan.A S— 6s, 1891
i24>a 125
Mil.ANo.-l8t,4.5 08,1910 100

Coupon

.

78

lat.,

Conaol., reg., 1st. 78...
Conaol., coup., 2d, 78.
Conaol., reg.. 2d, 78 ...
Louisville.
Nashville—
Consol.. 78. 1898
2d mort., 78. gold, 1883

119Hi
i2o'

118

Olile.Ht.P.A.M
Ohic.
K. III.

i'loi"

CAD

110

M. A Kt P.-l8t,8a, P. D.
adm.,7 310. P. D., 1898

.

96%
108
107
106

136

.

58,1921

e.

93

Panama—s.F. sub.08,1897

127 Hi Peoiia Doc A Ev.— Ist, 6a
Evans. Ulv.,lat, 68. 1920
BuCN.Y.AE.- lst.1916
130
Pac. BUa.-t;.l'ac.-().,0a.
N.Y.L.S.4W...Nbw'2d,8 »103Hl
San Joaquin Branch..
conaol.,
fd.
Ist,
cp.. 78
CaL.t OrcRou— lat ra..
73 Hi
102 Hi
2d, conaol., fd. cp., 5s »
State Aid liond8.78.'84
102 Sj Ev. A T. II.— lat cons., Bs 100
102 Hi
Land grant bonda, 68.
115
Fl'tAP. Marq.— M.0s,1921
West. I'ac—Boiids, 6a
106
Oal. Har.A s.jVnt'o— l8t,68
80. Pac. of Cat.- lat, 68.
105
2d mort., 7s, 1904
Union Pacific— 1st mort.
116
Oult Col. A S. Fe— 78, 1009 105
Land grants, 7e, '87. 9.
llan. A St. Joa. —88, conv.
108
Sinking funds, 8a, '93
l6i'-<
Consolidated 8a. 1911..
116
Rogistereil 88, 1893
85
Houston A Texas Cent.Collateral trust, 6a.
66
*112=4
1st mort., I. gr.. 7s
Kans. Pac— lat, 68,'96
124
1st mort.. West. Dlv., 78 109
latm., Oa, 1896
116
1st mort., Waco A N., 7s 114
Den. Div.,88,a88'd,'99
2tl, cousol., main line, 8s 124
lat cons., Oa, 1919
130
2d, Waco A N., 83. 1915
Cent. Br. U. Paii.-lst.Os
99 Hi
118<ii
Oen. mort.. 6s. 1921...
Funded coups., 78. '95.
lll.Cent.— Dub.A s. c.. li 1103
Atcb.C.AP...l8t.63,1905
Dub. A 8. C. 2d Div.. 7s 110
At.Jew.Co.AW.— lat.Bs
117
Utah So.— Gen.. 7s, 1909
Ccd. F. A Minn.— lat ra
Ind.Bl.A W.-lst, pref., 7s 122
Mo. Pac— 1st consol.. 6s
lat mort.. 3.4-5.68, 1909
91
95
3d mortgage, 7a, 1906.
81
'2d mort., 3 4 508, 1909
Pacific of Mo.— Ist, 6a ..
81Hi
107 "a Indianap.D A Spr.— lst,7s 101 14 104 Hi
2d mort., 7s, 1891
lut.AGt.No.- Ist. 08 gold
107 Hi
St. L.AS.F.— 2d, 68, cl.A
94
Coupon, 68, 1909
3.6a, claaa C, 1908...
Kent'ky Cen.— M..68.1911
3-6a, claaa B, 1006...
126 Hi Lake Shore A Mich. S.—
lat, 68, Peirce
Mich.8o. AN.I. a.fd. 78
EQUIpment. 78, 1895.
il83<
110
So. Pacinc of Mo.— lat m
CleTe.*lol.-Slnk. fd.
116
110
Tex. A Pac— l8t.68,1905
New bonds, 78, 1(^86.
IIS'4
Cleve, P. A Ash - 7a ..
Consol., 6s, 1905

A Eile- New bda.
A State Lice- 78.
A W. Pigtot-lst

niall
reclsland..

BKCCBmKti.

bou(ts,7s, '93

Len.&W B.— Cou-K'il.fts. 109^

lat m.,7a, $

1MIHCEI..I.ANEOUM

OhloSo.-l8t M..68. 1921.

Bnff.
Buff.

Am. Dock A Im.— Aaa'il. 136

80

Ohio—

loan, 1891
loan, 1892
loan, 1893

8thmort..oxt.., 78, 1888.
Ist.consol.. gold, 78.1920

I'rk.Br.

U

. .

8<a

Small

RAILROAD BONDS AND

Atl'o

..

new, 1867
Moaol. iMHHia
leonpoa.

10

aerlea

claaa S...

Conaol. 4s, 1910

Tou, 1883

Long Dock

13i'«

.

Do

Erie— Continued

Railroad Bonds.

'

i^Mi'*'*.:::
Mw, 1864

7a. small

iStock En'htin^ /*rjc**«.)
Ala.Ccnti-.il -lt-t,«s, 1918
Atch. T. ,V s. Ki>-4 Hj.lti20

M

ltNri.».ltiuo.

laSi
lasi

1808-189a

Mew bonda,
Do
Chatham

•ECURITIBB.

Ask.

88
HA

A.*0

6b, old,

lUuiilbttl

7s, entloriuKL, 1886
7a,Kol(l. IHOO

Carollna-6a,old, J.*J.

fla,

KunilInK, 1894 'OS

Louiuaniv—

Bid.

7a,

.

KR

7«,new. 1H«8

7b, COQHol,,

:r.

1888
1890
Mlanonrl—
Oa.dne 1883 or 1883..
e«, iluel886
Oa, due 1887
(la, due 1888
Oa, (Ilia 1889 or 1890
Aayl'm or I'lilv., rtue '93

lOOe...

5, Htiiall...
OUw A, 2 to190(1

BKCURI'nES.

Aak.

Bid.

103
113>a

78

108
101
117
Stock
Sonthw. Ua.— Conv. 7a, '80 130
Stock
S.Caruhna RR. I't m.,78 1 106
iin.— I»t,6a
Poll
Rich..v i>au. -i8t,cona.,6a

8t4M!k. aaH4vu«nieut paid
7a, i»yi, nou-elijolued
.

Non-murt. liouda

We»fem. N. C.-l«t.

No prlM JTcldajr— tb««« »re latest quo utlons made thU weak.

7«..

1051ft

in

40
133

70
10«

78
108

.

..

.

.

.

.

Qnotatlons in Boston, Philadelphia and Baltimore.

Local Securities.
Insarance 8cock List.

Bunk Stock

[Quotations by B. S. Bailey, Broker,
No. 7 Pine Street.]

List.

PmcE.

Companies.
Marked Ihm

(*)

are

SEOTTBITIKS.

BKOCBITIKS.

BOSTON.

Catawl8salst,78, conv.,*82...
do
chat, m., 108, *88 ..

land grant 7s
land inc. 88..

do
do

Bid. Ask.

& racia

Atlantic

& Drov'rs'

Chase

Chatham
Chemical
CItisens'

City

Commerce
Continental
Corn Exchange*..
Bast Kiver
Kleyenth Ward*..
Fifth
Fifth Avenue*....
First
;...

100
100
25
29
100
100
29
100
25
100
100
100
100
25
25
100
100
100

Citizens*
City

income

2100

Columbia
Commercial
Continental
Eagle

150«

Empire City
Exchange

i2C

Fiirragut

German- American
Germania

86

Gallatin

fiU

German American*.
German Exchange*.
Germania*
Greenwich*

Hanover
Imp. and Traders*.
Irving
lalandOity*
Leather Manul'tra'.
.

Manhattan*
Marine
Marltet

Mechanics'
Mechanics' Asaoc'n.
Mechanics' & Tr'drs'
Mercantile
Merchants'
Merchants' Exch'ge
Metropolis*...

Metropolitan

75
100
100
25
100
100
60
60
100
60
100
100
25
50
25
100
60
60
100
100

Globe
Greenwich
Guardian
Hamilton

160

Home

210

Howard

140

Importers'
Irving
Jefferson

UO

Hill*

.

Nassau*
New York
New York County..
N. Y. Nat'i Exch^e
Ninth
North America*
North River*

100
100
100
100
100
100

Lenox
;ooK

LouL' Island (B'klyn)
Lorillard
Manufac'rs' A Build.

121

ISO

Manhattan
Mech. A Traders'..

Mechanics' (B'klyn)
Mercantile

170

Merchants*..'

Montauk (Brooklyn)

Paoiflc*

Park

Nassau (Brooklyn)..
National
New York Equitable
New York Fire
New York & Boston.
New York City
Niagara

iiia

North Kiver

::!

Pacific

100

People's*

Park
Peter Cooper

25
20
GO

Fheuix
Prodnce*
Repuollc
St. Nicholas
Seventh "Ward
Second

Phenlx

100

Shoe and Leather..

100

Republic
Rutgers'
Standard

Sixth
State of

100
100

Star
Sterling

100

Stuyvesant
Tradesmen's
United States
Westchester
Williamsburg City..

New

100

York.

Third
Tradesmen's

40
GO

Union
United States

100
100

West Side*

Can and Cltr Railroad

100
120

i26

165

165
12S

120
210
60

^1)1

1)5

65
ISO
190

61
1(8

60
80
110
60

50
25
100
100
25
60
50
SO
60
50

140
OS
>-0

90
125
125
160

S7H

65
190
1.5
205
120

25

150
125

80
6U

25
25
25

125
100
130
:i3

10

128

Mar.

Brooklyn Gas Light Co
Cltlzens'OasCo (Bklyn)
do
bouos...
Birlem
Jataey City & Hobokeu
Manhattan
.

25 2,000,000
20 1,200,000
1,000

.

do
bonds
Matual.N. V
do
bonds
Nassau, Brooklyn
do
scrip...
„

IjpOO

87.i,000

35

'

New York

100
10

750,000
4,000,000
2,500,000
1,000,000
5,000,000
1,000,000
1,000,000
700,000
4,000,000
1,000,000

Va.^.

People's (Brooklyn)

Bonds
Bonds

1,850.000

1,000

New York

Var.
Var.

.

&U.
?.&A.
1.& J.
I.& J.
M.AS.

Northern of N. HampBhlre...
4 Worcester

130

Norwich

4 L. Champlain ...
pref..
do
...
Old Colony.........
Portland Saco 4 Portsmouth las
Pullman Palace Car
24
preferred.

1)0

OgdenBb.

TO
lio

15

Rutland,
Kevere Beach 4 Lynn
Vermont 4 Massachusetts

do

F.&

A

Quar.
Var.

M.&N,
1.

A

.).

M.*N.

Var.

125,000 Var.
50
466,000 F.& A.
60 1,000,000 Quar,

....

Williamsburg
do
bonds
Metrppolltan, Brooklyn.
Municipal
do
bonds
__
Fulton Municipal...

1,000

1,000,000
1,000,000
3,000,000
750.000

100
100
,

'ibb

A.*0.
M. &N.
M. *N,

|1, 50.1,0001

100
1,000

145

900,000 J.* J.
694,000 J. & J.

100 2,100,000 Q-J.
1,000 1,500,000 J.4D.
10 2,000,000 Q-F.
1,000
300,000 M.4N.
.
100
200,000 Q-J.
100
400,000 A.4 0.
1,000
800.000 J.* J
100
500,000 J. 4 J.
100 1,800,000 Q-J.
1,000 1,200,000 J.4D.
100
650,000 1^.4 A.
Bon.lH
1,000
250,000 J. 4 J.
Dry Dock B.B.* Batt'ry— Stock
100 1,200.000 Q-F.
Isl mortgage, consolidated . 5004c
900,000 J.4D.
Btghth A venue— Stock
100 1,000,000 Q-J.
lat mortgage
1,000
203,000 J. 4 J.
42d St. & Grand St. Ferry— St'k
100
748,000 U.4N.
l8t mortgage
1,000
236,000 A.40.
Central Cross Town— Stock
100
600,000
Ist mortgage
1,000
200,000 M.4N.
Honst. West 8t.4 Pav.F'y—St'k
100
250,0001
Ist mortgage
500
500,000 J. ft J

Second Avcnue^tock
8d mortgage
Consol. convertible

Extension

Avenue— Stock
Ist mortgage
Third Avenue— Stock
Ist mortgage
Twenty-tliird Street— Stock.
_ 1st mortgage.

1,I99,.'500

1,000
1,000

1,050,000

150,000

:oo4c

Sixth

•Thu commn shows

100

.

J.4J.
A.40.
VI. 4N.
M.4a.
M.4S.

200,000
100
750,000
1,000
500,000 I. 4 J
100 2,000,000 Q-F.
1,000
,000,000 J. 4 J
100
600,000 F.4A.
1.000
250.000 M.ft N

lastdlviaeno on

stocks,

155

93
185

Aug.,

213

215

Aug.

15S)

K'G
100
to
104
72
101
103
Si
105

105

77

Oct..

1882

10)

68

Sept
Nov.,

08
104

Nov.,
Jan.,
1997
1900
July,
Oct..
1900
July,
Oct.,
188^

83
103
90

Stony Creek
SuQb. llaz.
to

HO
85

B2
70
70

101

101

08
105

85

do
do

1

115

203
110
183

110

230
118

'80!

Oct.

108
125
•Hl!263

July 'MO, no
Nov ,'8l!l90
July, '90 11)
[Aug ,'81 150
May. 'Ha 105
I

Belvldere Uela.

lV6
155

112

bat the date of maturity of Ixmds

4

Del.. Ist m.. 68, 188S

00
do
do
do

32«

4

Baltimore.

6t.Paul4 DuluthR.B.Com
do pref.
do
IS4
United N.J. Companies
West Chester consol. pref .. ..
WeBtJersey
37
West Jersey 4 Atlantic
.

do

IS)

128
270
llj

1907....

Schuylk. Nav.lat m.68.rg.,'97.
2d m. 68, reg., 1907
do

18

esH

prof...

*3Ti

13

RAlliBOAD BONDS.
Allegheny Val.,7S-10B,18M...
7B,E.ext.,l»10
do
do
Inc. 7b, end.,*&l

Apr., '85
.'8:i|

m. 7a

Lehigh Navlga. m.,68, reK.,'84
do mort. RR., rg .'r.
do mort. gold, '97...
x-H
do cons. m. 78, rg, 191
Morris, boat loan, reg., 1885.
Pennsylvania 6e,co'ic.,;910.

Erie

Lehigh Navigation
Pennsylvania
Schuylkill Navigation

115

70

Sept.

70

107

ioex

Ul«

1C6
116><

112
115
ioo
108 "a
90

Ist m.,68,190'.i.

do
do

fcs,

c>

.

Plttsourg

*

t

4
do 2d m. cur. 7s, \^•^..
Cam. 4 Burlington Co. 68,*97.

Per share

120
130
124

4

10
58

50
...50

leM
47

50

Connell8vllle..50

BAILROAD BONDS.

Bait.

4 Ohio

68, 1885, A.40.

1»
loe
118
115
10«
118

do iBt m.,l89D, J.4 J... iiOHi 113
do 2dm., guar., J. 4 J
106
do 2dm., pref
do 2dm.,gr.by W.Co.J4J'I10
guar.,
3dm.,
"... K""l
., W.*
J.4 J. 190
6B, «.i
do VD,
UU

52

Mar.

107

(lain.

no

-

W.Md.6a,lHm.,gr.,'90,J.4J. 117

UO

10«W

IM

pref

N. W. Vs. Sd m.,guar.,'85,J4J
_ Plttsb.4 Conneirsv.l6,'98,JftJ'
44
Northern Central 68, '85, J4J
"
imw, i^.at^J
A.40
68,1900,
oo,
...
do
UO
do 6a, gld,1900. J.4J. 114
13H t>n. Ohio 6B, Ist in„'9U,M.4 S. 107S4
124
125

mort. 6s, 'S3
.13
Atl.lst m. 78, g., 1893

In default.

let

2d pref
Wash. Branch. 100
ParkersO'g Br. .50

Northern Central..
Western Maryland
Central Ohio

do
2d m. 68. '85.. :o6
3dm. 68, 'j7.. 106!^
do
Camden aAm'-c. (.B,i.oup,'^ 103
'

105«

.

CANAL STOCKS.

Oct., '81

Oct.,

4
4

Phlla.Wllmlng.

97H

iVo'

16
54

Reading
Phlladelphla4 Trenton

isd

UO

es^

Pennsylvania

Philadelphia
Pnlladeiphla

iois

iniy! '94
July, 81

24

pref

do

.

106

Sov.1901

67

i

135

iid

90

«o

pref
55
do
balximore:.
new pref
..
53>s Maryland 6a, defense, J.4 J... 105
do
Delaware 4 Bound Brook. ...|]20
68, exempt, 1887
00
40
East Pennsylvania
6.1, 1890, quarterly..
do
40
Klmlra 4 Wliliamsport.. ..
5e, quarterly
do
pref..
56
do
do
6b, ISSI, quarterly.
Baltimore
Bar P.Mt. Joy4 Lancaster. 72
do 68,'.SS6, J.4 J
Huntingdon 4 Broad Top... 15
do 6s, 1890, quarterly...
pref,
2-i
do
29
do
do 68,park,189l),Q.— M.
Lehigh Valley
do 6s, 1893, M. 4 S
?^« 61K
Little Schuyllilll
do 68,cxempt,'9S.M.4S
...•
62
SilnehlU
do 68, 1900, Q-J
Valley
Nesquehoning
do 68.1902, J. 4 J
Norrlatown
do 5e, 1916, new
Norfo:k 4 Western, pref
Norfolk water, 88
com..,.
du
do
BAILROAD STOCKS. Par.
5.1)11
North Pennsylvania
100 190
B8lt.4Ohl0

26

210

_
21X

pref.

do

72

Nov., '81
Apr.,'98

7

Camden 4 Atlantic...

110
70

Jan., '81

9?M

1st m.68, cp., '96.
do
1st m. 78, '99
do
cone. 68, 1909 ....
do
W.Jersey 4 Ati.lstm.5s, cp
Western Penn. KK. 6B,cp.'JJ.
6s P. B.,'9
do
CANAL BONDS.
(jlies.

Allegheny Valiey^...
BuflSlo Pitts. 4 Western...,

ao
CalawlBSa

115

W.,l8t m.,58,'2i.

TItusv. Ist in. 78, '90.
United N.J. cons. m. 68, '94.
Warren 4 F. iBt m.78,'96
Weat Cheater cons. 78, '91
West Jersey 6e, deb., coup., '8s

...

.

various

BAFLBOAD BTOCKS.t

»

Dec.I002lll8
Aug., '81 92
1898
100
Nov., -81 220
June, '93

.

Ist

4

DnIon4

68,n..rg., prior to *9f.
48,

123

126K

79.reg.,19.'(i

Texas 4 Pac. iBt ni.,6B, g..l9C5
K'o Grande D.v..
do
cona. m.,68,g.,1905
do
Inc.41.gr. ,78 1915
do

1'25

6», 15.25, reg.,l.'!M-*92 :iic2M
43, reg., 18!)4-1<J01

do
do

Broadway.]
July, *81 23Mi
J'lv,1900 113
Oct., '81 130
June *84 103V^
Nov., '81 198
Nov.,*8<) 102
Oct.. *81 150
Oct.,^'8l 100
1888
102K
July, *81 UO
Oct., '81 125
»..

ib«

2J m. 63. ;933..
Sunbury & Erie let in. 78, '97.
~yra.Geu.4 Corn'v, let, 18,1905

pref...

PhUadelphla, 58 reg.

17.« 180

.1.

[Quotations by H. L. Geaxt, Broker,

Bleecker St. A Ful t. Ferry—St*k
lirt mortgage
Broadway 4 Seventh Av.— St'k
let mortgage
Brooklyn City— Stock
1st mortgage
Broadway (Brooklyn)— Stock
Brooklyn Crosstown.— St'k...
1st mortgage bonds
Bushwlck Av. (B'klyn)— Stock.
Central Pk. N. A E. Kiv.— Stock
Consolidated mort. bonds
Christopher A Tenth St.— Stock

July,

F.& A.
.M.*N.

60
1119

90

do

do

,

125

57

118

inch. 4 D:mv.con3jnt.»s,19:5
Shamokin V.4 Pott8v.7s, 1901
Steubenv. 4 Ind. Ist, 68, 1884.

STATE AND OITT BONDS.
Penna. 5s, g'd Intyreg. or cp
do 53, reg., l!82-1832. ,„.
do 58!new.reg.,189i-190a 117
do 68,10-15, reg.,l3p*82

Bid. Ask.

105

104'

81M B5H

Pltte.Cln.&St. L. 7s, con., 1900

72M
110

]

192

110H
100)J

.

U03gh.&

WlaconUn Central

Nov.,
Aug.,
189B
Feb.

...

,

W.irceBter* Nashua

Date.

Period

315,000 A.

SO
20
50
100
500
100

teetrnnolitan

Osntral ot

Awmnt.

Par.

Scrip

do

Pa.4N.y.C.4 RR. 78,1896

PHII'ADEI.PIIIA.
Gab GoMFAHixa.

107

4 B., 78, cp.,'9«

5j....
do
do
Penn. Co., 6b. reg
do
do
4H«..
do
do
CO p 19.0

.

Nahsua* Lov/ell.... ...........
Mew York 4 New England...

60

WnU Street.

Oil
Plttsb. Tllusv.

1906
PennBylv.,gen. ra. 6s, cp.. 1910 123
do
gen. m.68, rg,, 1910, 121«
cons. m. 63, rg., 1905
do
do
cons. m. 6s. cp., 1905.

7«

.

and Bonds.

(Gas Quoutlons oy ueorge H. Prentiss, Broker, 17

cp.,'85.

2m

220
120
147
95

85
70

m.68,

let

do

Inc

8b.

133

do
2d ra.78,cp.,'9«.
do gen. m. 78, cp., 1903.
do gen. m.7s, reg., 190'J
do new loan 08, reg -.
Creeli Ist m. 7a, coup. ,'81.

x 137W 133
Atchlfon
163
163H Perkiomen 1st m.6s,coup.,*8i
Boston 4 Albany
Phll.Wilm 4Ba t ,48,Tr .certs
Boston 4 Lowell
Phlla. 4 Erie 2d m. 78, cp.,'S8
Maine.
4
Boston
do
cons. mort. 6s.l9'.J0
x
Boston 4 Providence
58.'.920
po
do
Cheshire preferred
Phlla. N'ewt'c 4 N.T.. Ut m.
Chi.-, s ". Michigan
Phll.4 R. utm.68,ex.dae 19 lO
28H
Clev
Cin. Sandusky 4
1?10
do
do
Concord
do
2d m., 78, ep..3S,
Connecticut River
do cons. m..78,cp., 1911
PanumpBlc
4
Conn.
do cons.m.6s,g.l«C1911
22
( onnctton Valley
do linp.m.,6i,g„C. 1897
••••;•• 33
Eastern (Mass.)
do gen. m. 6i, g.,C.lJ0i
Eastern (New Hampshire)
142
do In. m.,*8.coup.,'B96
Fltchburg......
24
do dab. coup., 1^98*...
Fllat4Pere Marq
CO do cjup. oft, ife93
94H
pref
do
do fcrlp, 1884
pref
Gulf,
Fort Scott 4
00 conv. 78, R. C, 1893'
common. 84
do
do
7s, coup, off, '9.1
Iowa r»H3 4 Sioux Cliy
63 h,
Phll.ftl!.Coal&lr*n deb.7s.92«
Smith
...
Fort
Rock*
Llti.e
do
deb. 7s. cpa.oll
Manchester 4 Lawrence....
do mort., 78, 1892-3
Mar. Hough. 4 Out
Phlla. Wllm. 4 B»lt. 68, '84.
O..t..prol...

112

115
143

.

121

Little Schuylkill, 1st m.78,'88
N. O. Pac, lit m.. 68, 1920 ...

11

4 Topeka

isii

205

do
do reg., 189j.
do 2d m. 78, reg., 1910
do con.m., 68,rg.,l9^
do
6s,cp.,19^
do

119

STOCKS.

115
78
70
191

190

en. 6 *.

Vermont 4 Mass. BR., 6s
Vermont 4 Canada, new

118
70
146
103

117
120

4 Lajte

Co
Old Colony, 7«
Old Colony, 6a
eueblo 4 Ark. Valley,
Rutland 68, Ist mort

SO
70

150

156
115
150
iOi
85

'>guenst>urg

210
80
116

i51

S5
100
100
100

50
25
25

70

SO

.

105

Ft. Smith, 7s,lBt

165
116
100
71

140

.

72« North. Penn.

Utile K'k 4
b7
Mexican Central, is.....
106
New York 4 New Kug. 63.... 105
78 ... U4>j
do
New Mexico 4 So. Pac. 78...

140
160

145

East Penn. Ist mort. 7e, '88
K1.4 Wmeport, Ist m., 78, 'SO.
do
ss.perp
Enston 4 Amboy, 53
Uarrlsburg ist morr.6B, '83...
a. 4 B. T. 1st m. 7b, gold. '90.
Co
cuns.m.59, 1895.... 89
lthaca4 Athene IBt g d, Is., '90
Junction l6t mort. Cs, '82.
do
2d mort. 68, 19U0
Lehigh Valley, lst,68,cp., 1898

.

290
6i

110

-2>s

Hartford* Krle 78
K. Cltv Lawrence 4 So. 43...
KaB.City. St. Jo.&C. B. Is.

123

125
150
65
!50

50
100
too

Stoelts

100
•-00

100

.

105
250
U40

90
108
115
185

20
50
60
50

Relief
...

22)
HO

100

People's

100
100

"es

30
20
40
60
100
25

I^araar

70
SO
25
60

Oriental*

& Tr'd'ra

Kings County (Bkn.)
Knickerbocker
Lafayette (Br'klyn).

140

170
128

50
50
100
50
50
100

Hanover
Hoffman
135

Mount Morris'

Murray

.

165
120

135
55
100
2;.o

17
10
100
100
50
50
25
100
15

Firemen's
Firemen's Trust
Franklin & Bmp

isTH

180
19il

70
100
30
50
100
40
100
30
50

..

Boston 4 Maine 7b
liostoua Albany's
68
do
Boston 4 Lowell 78
63
do
boston 4 Providence 7s
aorL 4 Mo., land grant 78... 115«
Ex
Nebr.68
do
104
Nehr.es
do
Nebr.48.... ....
do
Chicago Burl. 4 Qalncy4?...
(Miu. <v Pa^RumpHlc, 7b, 189,.
96>t
Connctton Val cy.Ts .. ...
lasiorn. Miss., 4«8, new. ...
fltcbburg KB.,«8
78
do
UOH
Fort Scott 4 Gulf 7s

160
lis

200

20

:

Clinton
;:::

160
108

100
25
25
17

Brooklyn
'120

100

Fourth
Fulton

50

American
American Bzchange
Bowery
Broadway

tou

America*
Am. Exchange

Ctartlers Val ., Ist m. 78.C..190:
Delaware mort.. 68 , various.
Del. 4 Bound Br., 1st, 78.1905

, 6s

I

Bid. Atk,

CO
new78 1900
Connecting 6s, 1900-1901

4 Tcpoka Ist m.78..

Vtch.

Par.

COMPANIKS.

not National.

XXXIIL

[Vol.

J

New York

Butebers'
Central

...

THE CHRONIC LK

584

Bowery
Broadway

—

.. . .

1

4

Cln. 7s,

'92,

F.

4A

2d, M. 4N
do
3B,3d,J.4J
do
Union RR. Ist, guar., J.4 J.
(.:.>niou endorsed
do
Consolidated Gas

Do

bond.s

96

48M
113

—
NovBMBBn

20,

1

...

.

.
.

.

:

.

.

THE CHRONICLK.

1881]

685
3

Earning.—The

Utoat railroad eamingH and the
The ntatetotals from Jan. 1 to latest datt^s are tfiven below.
ment iucludes the groBS earainKM I'f all railroads from which
The columns ander the heading
returns can be obtained.
" Jan. 1 to latest date" furnish the gross earnings from Jan.
It all road

1

to,

and including, the period

eolamn.

—

.

Ala.Ot.8oathem. October... 980.809
Atch.Top.&S. Fn.SoptiiiiliY. 1.147.000

$07,649

9622,301

$521,000

80(1.730
So|)tuiiil)'i-. 1,540,002 l,r)',),3,313
Bult. AOliii)
28,21)0
213,073
28,728
216,293
Boat. A .V.Y.Alr-I..S.'ptriiil)'r'
43,U03
Biir.C'.R<i|i.ANi)..2(lwk Nov.
43,787 1,913,239 1.750,221
350. IS.',
9.tiS8
11,491
318.157
Cairo A St. I,<mlii.l«twk Nov
414.532
.54,310
."57,839
Carolina IVntiiil .''(•ptoiiilj'r.
334,054
Central PiM'iHo...Oftoticr ...2.514,000 2,120.229 19.884.7H1 10.103.421

AOIilo
OctoDcr... 237.303 211,820 2,263,522 2.215,505
1112.894 6.570.940 0.798,462
Ohicairo* AlUm .2ilwkNnv. 198.378
A Q...Sci>teml>'r. 2,262.981 1,SG'.'.285 15,423,831 15,129,854
Obtc. Burl. AO...S
I11..11st wk Nov
36.214
33,611
t. Ill
Chle. 4 En«t.
3?.8ns
37,259
Clilo.*O.Trk.\Vk.en<I.Nov.l2
:!30.592 14,703,000 11.254.919
Chic. Mil. A St. P. 3a wk Nov. 360.000
Cklc A Nortliw..2dwkNov. 448.800 t;t3,8O0 18,874,297 10.910, 93.^
221.737 2.369,223 2,070,425
Chic. St.L.A N. O. August ... 257,700
75.470
79,129 3,435,396 2,704,417
Clil.8t.P.>linA0..3ilwk Nov.
Chic. A \V. Mich. .Septeuib'r.
96,177
81,780
212.000 2:i9,881 1,909,188 2,004,917
Clii. Iiid.at. KAC.Octobcr...
759.648
24.838
26,277
731.343
Cln. A SpriiiKt. ..2il wk Oct.
93.628
09,419 3,490,789 3.482.089
Clev.Col.Clii.AI 2dwk Oct.
8.94i»
7,928
365,159
Clev. Mt. V. A I>cl.2d wk Nov.
373,839
55.279
46,279
Col.AUocl(.\'.,Ac.2clwk Nov.
Denver* RloUr 3ilwk Nov. 132.005
80,977 5,395.591 2,996,359
10,093
De«H.AFt.l>o(li;e.2clwk Nov.
7,529
347,956
270,552
129.309 116,602
Det. Ijans. A No .October
DubugueAS. City. 2(1 wk Nov.
20,597
30.331
087.750
954,m
EastTenn.V. AU.2 wkHNov. 141.731 133,218
Flint A Pc-ro -Mar. 2(1 wk Nov.
39.040
35,288 1,661,294 1,301,927
Oal.Hur.ASitn A.Scptomb'r. 147.783 147,785
102.08.''>
1 10,270
Or't Western Wk.enil Nov. 1
4,518,432 4,429,467
Qr'n Biiy A MInn.lstwkOct.
8.718
8.371
Gull Col. A 8 Ko. October
127,420
73,568
BannibalASt. Jo 2ilwk Nov.
51,294
48,294 1,947,982 2,171,197
125.400
Hou8t.E.AW.Tex.October
18.801
8,555
81,741
Houst. A Texas C.3(l wk Sept
83.330
96,163 2,5.54,922 2.280.371
nilnolsCen. (111. ). October ... 655.807 6S8.110 5,501.264 5.399.275
192.101 1,524,289 1,448,658
Do
(Iowa). October... 174,458
ITDdtana Bl. A W.2dwk Nov.
39.659
37,785
44,424
425.386
Ind. Dec. A Sp. .October
47.005
352.645
75.351
Int.AGt. North.. 2d wk Nov.
64,943 2,324,030 1,570,995
Iowa Central
October...
87,913 105,735
39.822
85,613 1,153,584
Lake Kiie A \Vcst.4thwkOct.
931,916
41.279
40,537
249,231
Louisa. AMo. U ..lulj'
248,132
l»ui8V. A Na«hv 2d wk Nov. 244.440 232,400 9,630,689 8,036,675
Harq. H. A Onl'n.Scptemb'r. 134,742 101,079
37,033 1,033,346
Hemp. A Charl 2d wk Nov. 35.154
943.057
Men:p. Pad. A No. 1 st wk Nov
5,790
5,273
204.109
178.159
Mil.L. Sh.A West. 3d wk Nov.
14.625
10,694
526.760
354,289
Minn. A St. I*oui8.3 wks Oct.
60,799
912,414
89.260
015.901
tMo. Kans.ATcx.2dwk Nov. 204.232
154,871 6.798,471 5.175.175
Missouri Pacitlc .2dwk Nov. 130,082
108,567 5,781,151 4.605.077
Mobile A Ohio. .October
252,921 201,713 1.874.761 1.734,881
178.206 1.750.070 1.891.340
Na«hv.Ch.A8t. L.October
172,121
H. Y. L. Erie A W.Anirast. ..1,772.895 1.000.874 13,557,369 12,278,914
56,932
48,979
N. Y. A N. En<{l'd.2d wk Nov.
M. Y. Pa. A Ohlo..Scptcuib'r. 426,360 500.747 4,038.046 3,832,461
Norfolk A West. .October
241,073 235,910 1.826.551 1,673,402
Horthem Central. Septcmb'r. 429,505 404.093 4.030.250 3,584,104
Northern Pacitlc .2dwk Nov.
94,981
70,192 3,361.556 2,248,279
Ohio Central
Octolwr...
81,631
2dwk Nov.
...:....
Ohio Southern
6,836
Oreg'nlt. Nnv. Co. October ... 472.800 379,502 3,530.235 2,856.129
Pad. AElizabetlit.October
56,081
40,404
442.300
327,993
Penngylvania.... October... 3.672.971 3,882,714 36,.552.212 34.137!327
Peoria Dec. A Ev.2dwk Nov.
12.205
8,767
592,907
372,330
Phllailel. AEric.Seiitemb'r. 276.522
322.737 2,595,067 2,753,706
Phlla. A Readinjt. October... 1,989.918 1,746,299
23,.505
et.L.AJt.AT.H. ..2dwkNov.
23,900 1,229.858 1,246,813
Do (brchs).2dwk Nov. 16.150
17,066
642.122
606,217
L.Iron
Mt.
AS.
wk
Nov.
117.479 6.212,908 5,271,562
Bt.
2a
158,812
6t. I>.A8an Fran. i;d wk Nov,
00.700
03,600 2,785,389 2.387.604
Bt.P.Mlnn.A.\Iau.3dwk Nov 177,700 11.5,200 4,277,665 2,822.102
Bdoto Valley
2dwk Nov
10,973
0,430
371.865
273,911
South Carolina. ...lugust
81,183
75,525
717,712
61.3,305
Texas A Pacitlc. 2d wk Nov.
81.782
69,305 3,353,744 2,258,827
ToL Dclp. A Kurl.2d wk Nov
17,279
Union Pacitic....2 wks Nov. 1,295,301 1,071,733 23,706,583 20,4()2.295
Wab. 8t. L.APao.2dwkNov. 366,416 321,574 12,522.250 10,885,889
Ctaex.

.

.

.

.

.

.

.

.

.

.

.

.

.

. . .

. .

.

.

.

.

.

.

.

*
t

5 per cent basis ht 1881
IncludiuK leased lines.

;

6 per cent
:

1880.
Including Ohio Division.

In

—

U. S. Snb-Treasnry. The following table shows the receipts
at the Sub-Treasury in this city, as well as the
ftUuices in the same, for each day of the past week:

nd payments

Balance*.
Rteeipt*.

Payments.

Currency.

Coin.

S
Kov. 19..
••
••

"
*•

"

1.703,455 31
21.. 1.353.268 20
22.. * 6,223.493 49
23..
24..
25..

Total.

702,092 46
888,003 70
10,870,318 22

557,909 09

847.71171

83.985,595
84,577.768
84,646,781
84,466,266

41

58
99
865,487 .'01
57
.ThanksRiv injf Day
728,259 2-1 84,652,392 58

•6,144,955 27

4,453,618
4,367,001
4,376,531
4,393,651

52
81

62
94

4,367,270 71

9,141,322 94

$5,000,000 In receipts and payments was transferred from one
ju^count on the books to another.
'

Coins.

—The following are quotations in gold for various coins:

Silver >4» and i«s. —
$4 83 J»$4 36
—
3 83 a 3 86
Five francs
X X Reichmarka. 4 74 » 4 77 Hexloon dollars.. —
X Guilders
3 96 a 3 97
Do nnoommora'l. —
Bpan'h Doubloons. 15 53 »15 70
En irlUh silver.... 4
Hex. Doubloons. .15 55 915 60
Prux. sllv. thalers. —
Fine silver bars .. 1 12>43 1 12\ U. 8. trade dollars —
Fine gold bars
par -9 14 preiu. U. a. sUverdoUars —
Dimes 4 >* dunes. — 99>93 par

Bovereli^ns
Nanol.ions

City Banka.—The following »fn*
condition of the Associated Banlc.H of Kew \
week ending at iha oommenovment uf biuiue.t.i ^

^

Amik).

99\» par.
92 » — 95
33V|» — 89
87 a — SB's
4 80
67 "a » — 69 5t
99ag«
09>g

70

'»

W%»

—

p»r.

tfimfion

H.S7J.000

Manhattan Go...
Msrcbants

S,(W0,U0l
>,ooo,oa(
»,000,00(

7.:ni.ooii

Union

ljao,oo(

Ameriiai
City

S,000.000
1,000,000
1,000,00(

Tradesmon't

1,000,001

Phnnix

I.UOJ.«N

I.XrVitm.

l.OII.AiX!
l,S7V.aO>l

4.l»O.10«
S.IXW.DOO

8,0a'

Uerch'nts* Kxch.

1

I.OOU.OOt
l.OOO.OOt
8ao,00(
aao,aa(

Butohera'AUroT.
Meohanlos' A Tr.

aresnwioh
Lsather Man'f 'r>
Serentb Ward...
Stats of N.Vork.
American Kxoh..

J,l«I.IW0
484,10V

Broadway

Mercantile

l8J.4or.

Chatham
People's

la,H37.ilO(.

8.118.800
SI7,80a
1,036,300

H.117.100

fclunover

l.OOO.OOt
BOO.OOC
s.ooo.ooc

IrvInK
....

Nassau

8M,(00
888,000

7.a7o.00(J

8W.S00

s.9»e.C(fl,

438.400
9.785.000
38U.800
881,100
688.800

soo.ooo
600.000

tfijH

l.«6tM0

47l«M

8.986.000
6.888.800
9.6<e.8ao
8.978,700
8.4ae.700
I.SiM.400
9.731.300
7.884,100

11,9SIM0

8S<.I>00

sj«a,soo

08.400

9.611.800
9.878.00b
8.ioe.3oc
8.187.000
8.891.930
B.897.900
1.947.800
8.6(M.On0
81.888.800
80.01 1.70C

4.Jw.aa.

718.800
403.800

Continental
Oriental

l,000,0(IC

8.«&j.S()C

1.606.800

300.00C
400,000
1.500.000
8,000,00c
600,000

S.OIS.OO'.'

8.048.000
19.787,800

80.800
S0»,000
6.488.800

t8.-2I7.40a

4.71H,<HX)

71.000
luo.ooo
888.000
147.800
880.100
800.000
1S7.S00
SOT.BOO

»W,IO0
OM.8O0

184,000

86.0O(,

.788.60(1

15.400
100.800
8.668.000
814,000
611.000

15I.70C
lia.NKi
487.800
1.383.000
870.000
800.400
119.800
438.800
iis.eoo

1.040.600

& Tr..

Importers'

Park
Mech. Bkx. Aaa'n
North River
Bast River
Fourth National.

840,00(1
8S0,00(I

Central Nat

Second Natlon'l.
Ninth National..
First National..

Third National..
N. Y. Nat. Kxch..

Chase National..
Fifth Avenae...

U.S.Nat

s.asi.oou
8.833.80C
14.100 .3(!0
8,814.300
1.418.800

1,461300
8,887,700
1,111,800

881,000

I,«87.9flO

IM.IOO

ns.ooo

1,883.300
2,450,800
4.088.10«
1.880.800
133)1.800
1.338,800
4,808,100

88.10c
4O0JSOO

468.80li

l.08e,8<XI

es.Boc
140,80)
s<je«oo

61.188,700 315.ISa.3)

Total

84.SM

888,800
80.500
Ks.lOO
803.400

.1

IMM

......
90tt ^fl^

7»fi<»
*•

••

«8«.70»
88A.000
lao.ooo

91300

l/kl8.4'J0

1.674,100

M7.70a

Dec.

80,790

Iii3,000i

t

t
n.lll.SOO

898,088.3.50

14.833.000
15,878,003

8W0.'r7>.»M

8).919.700

7..
14..
21..

*

I^an<.
*

Sptclt.

L.Tm<Un.

7,108,300
8.895.200
6.58a.40O

3.709.100
3.721.000
3.611.400

IM.882.100
153.191.600

'

*

t

801,0:18,600

9O.OOS.4OOlO3l.SS8.tS0
80,813.100 798.881.866
18,882,400 S<l2.3ia,707

%
93.570,400

97.385.700

S9,C70,40a

SI.'»8.88S
88,731.880

totals of the Philadelphia

..

91.

.

IHpoaiU.
«

h. Tend«r«.

£,oan«.
7...

<

81^.100

9Uli83l9

Oi^io^OO

due to other banks."

Philadelphia Banks.— The

14

An. OUar

8I,S08,«00

are as follows:
8

8

..

78.060.829

..

75,S.32,0.19

..

76.306,587

17.331.141
17.331.486
17.23U.43S

1881.

Bostoa

totals of the

Depo$Ut.' OlreutaUon.
%

t

Inoludinx the Item

••

45,Mi

LUS^MO

ssImo.to) 15,«8,0)0 8V1.OS8.800 18.963.409

154.781.800

1881.

••

**X«8
Tssjoe

U8MJ80S

4338.300

—

Not.

448,7«0

S.Ml.OOO

130,900

Boston Banks. The following are the
banks for a series of weeks past

*

t«

46o!ow

6.748,800
tS.814.IOO
8.898 JMU
1. 164,000
1.4IU.0OO
1.862.800
8.184.800
4.318.800
1.088 8

188.80(1

»0.913,8()0
80.788.1100

$
5....313.aj0,9«0

"

447,M9

tMa/m

86I.90C
17.106,900
7.138.000

83K300 Clrcuhktlon

Uec.
Inc.

12.. ..313.123.800
19....313,1'J3.30U

"

»;4M

•n»M»

following are the totals for a series of weeks past:
SpKU. L. Tmdert. Depotttt. OireuUuton. An- OUair
liOan$.

The
1881.

Nov.

ns>i

i.M'aJioe
ibjOtt

deviations from returns of previous week are as foUowe :
Inc.
|4l(.9aO
Inc. t2.0!M,S00| Net deposits

The

Loans and discounts
Specie
Lexal tenders

"

7.754.00(1

300.000
gso.ooo
800,000
780,000
800,000
100,00a
201,000
800,000
800,000

Bowery National
N. York County..

Nov.
'

1.088.100
18.378.70C

8,800,000
8,000,00c
SOO.OOO
730,000
800,000
1,000,000

Looijii
M7.4l|

9,740.t<00

3.2i«).uo«

Marine

Ojtt

7j«4.eoo

918.000
848,000
886 800
861,000
187.a0(.

W 14

VTS-UOO

17V.300
881.400
I88,H00
908,800
817,800

Circulation.

S

tl.O%2.79il

11.113.813
11.193.398

S3.U98.934

banks

An. CUor

«

68.429.810
68,8a8.(JAl>

51.7(^.90a
48.414.790
l>7,9(W,49t

Unlisted Stocks and Bonils.— The following are the ro§orted quotations for 8e(^arities that are not " listed " at the
took Exchange:
Bid. Atked.
^i^. /i,ked.
Uissoarl Paotflo rights
40
Am. Cable Constr. Co. '3^
1
N. J. Southam
Am. Railway Imp. Co
6>9 N.T. Loan A Imp. Co 79
80
Atli»ntic A Qt. West
414
6
N. O. Paoiilo sub.4
pref
Do
Pow.$500 $550 North River Const. Co. 16"4 •16>i
Amer. Elcc. R.
•18
I's N. V. Ch. A8t.L. subs. •14
l\
Bost. H. &K., newst'k
03
l«4 Oregon Imp. Co. 1st H.
1
Do
olilatook
83
stook
83
Do
78
Continental C;on8tr.Co. 75
79 <•
Oregon Trans., full p'd 77>a
Central Railway Con•240
Ohio C. subs.. iiOO pd.$220
struct'n Co. (D.L.W.) ....
<fe

Chic. Burl. A O. rlRhto
Chlo. M.A 8t P, rlghU
QcorKla subs..
Cln.

A

Denv.

Do

A

PaolfloR'v Im. Co.,ex.'

•JH

R.G.8Ubs,new 77
unl'd consols*

Pitts.

•38
.

.

Edlaon Electric L. Co. 800

1.000

Uay AMinn. st'k.. ..
Orand RaplilH A Ind.. 15

18

Ur.

A

L. old stock....
(.C.
Internal. Imp. Co. ex.

paid

Rooh'rA Pltts'grlg'ts.lOO
RR. stook
124
2d mort
Do
73
non-inort .
Do
SelmaRomeAU.lat M
stamp
2d .W.
Do
2d M.. clean 'i\
Do
80. Carolina

13^

.

I's

90

Iron Steamboat Steele 40
Do Ist mort. bds. 00
Kan. A Neb. 1st mort.. 81

94

Do

86

Do

Do
3d mort....
Keoly Motor stook

at.
St.

Mnrkland

Eleo.

Ugbt

Aitook
Bstock

$1

D<.

bonds, ex.
stock

.

.

.

S

1%

SO

90

Sdmort

....

Texaa3t. Louis RR.sab 91

«l 10

Toxaa Parlflosab
Texas A 0>l. Imp

28

—

70
20
UuUUulonTul. salM.. 00

Do

2>t

Seney oerts
13>a
8

Uexican Nat. sobs., ex

—

Soranton CoostrucUoa

Ml(l.RR.orN.J.as8.stk

Do
Do

iuoomes

stock
West, stock

17
Jo. A
Jo. A PaoiHo lat U. 8S

Do

83

[.obanon Springs 1st..
Lehigh A Wtlkosbarre.
l/oulsv. A N. rights ...

A West

RIoh.A Al. sabs.$l,200

80
107

16
10
71

93
09

M

U. S. Bleetrto Light Co. 135
Vtoksb.Uer'noam.st'k. IS

IS

I

*

Premium.

t

Uiacuaot.

'

SyM

nM-M.ioa
10.441.000

500,00c
1. 000.001

4<)1.7iK>

H

ttl

i.aei.oao
804,100

Shoe A leather..
Corn Kichange..

St.

781.70

1.486.400

488.llno
4a8.lo<t

iao,«(<o

8.74S.UUC

8.087.1WC
8,»7l.00e
S. 113.800
8.4^7,100

1,000,000

Nicholas

6(X>.A00

8.IS>.-0(i
1.135.0JCI

U.678.00C

600,000

CItlxena'

8.3;t).liOC

79t.lM

ajm.iai

68.100
Ill.lOU

8.80(1

8I(.7U0

aou.ooo
TOO.OOO

North America..

III

J^lSt

l9.7SS.10O

443.IM
8.800.00(1

41M.700
1,500,000
480,000

ICepabllc

1.888JM0

90.00(1

4.0<«,70ll

8.SM.S00

>i„i

sM».no

W.70I.00I1

8.11)0.300

8.83a.8<J0

811,100
8U.100
es.ouo
188.000
iaj.100

tie.OQQ

IWK.7O0

8.1HB.JIO0

itt

('•.-./OO
80.1. 10(1

^,M0

M0,00(

Commerce

Metropolitan

•Wu.iioi

t.i.io.oofc

8,?aft8

4.004.100
S.8I 1.000

I.«-)1.S00

:I.U1H.(XM

mUJm

A.:(00,IOO
8.^148 (WU

am

a-.»

4.UV&.UO0
l.!MW.8aC
l.OSO.OOd

aoo,aix
800,00(
800,00(
S,000,00(
s.ooo.ooc
I.OOO.OOC
1,000,00(

BjUiljUOO

714,10c
448.000
6"U.«>0
Sm.,

8*

7.371.500

Am$

7,7HAW

980.000

87H.7O0

8.»K.00O
t.VTv.WK

»X).()0(

aallatin Nation'!

\»«.0I»

77n.40C

noo.ooo

Chemical

for the
I'J.

.

aS&t. aJSV.a. "tst-

iUcottnti.

NswTork
Ueohanloa*

how* th«

AmrWSMMMM^
Laani ami

meatioaed in the second

r-Jan. 1 to latttl dau.^
eamingi reporiat
1881.
WeekorMo. 1881.
1830.
1880.
iMlett

Now York

lir
14

:

IHE (.^HRONICLE.

586

tum

AND CORPORATION FINANCES.

The Investobs' Supplbmbnt contains a complete exJdbit of the
Punded Debt of States and Cities and of th'. Stocks and Bonds
of BaUroada and other Companies. It U published on the last

—

Saturday of every other month viz., February, April, Jane,
August, October and December, and is furnished without extra
eharge to all regular subscribers of the Ohroniclb, Single copies
are sold at $2 per copy.

and divisions, were 61'69 per cent of the whole gross
revenues, 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
and branches east of the Ohio River are now laid with steel
The condition of the entire lines, their roadbeds, tracks
rails.
and structures has not only been fully maintained but
improved."
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.
The loss on the Central Ohio division for the year under the
agreement was $123,841, which has been charged to the profit
and loss account.
The expenses of working and keeping the roads and machinery in repair amounted to $6,275,643, being 56'42 per cent
upon the earnings, showing an increase of 2'49 per cent compared with the previous year, and 5 40 per cent compared with

INDEX SINCE OCTOBaR SUPPLEMENT.
is an indox to all reports and Items heretofore published In tlio In vestment Deps •tment of the Chronicle since tlio last
annual reports are Indexed in
issue of the iNVEaiORS' Sui-i-LEMENT
black-faced type
559 Ii»k6 Erie & Western
501
Alabama Central
4<>7 Long Island City Debt
553
AUegheny Valley
528 Loulsv. Cin. & Lex
560
Amer. Dooli & Imp. Co
502 Louisville & K.ishv
468
Atch. Top. & Santa Fe
5.i5
Louisv. N. A. & Chic
519
Arkansas State Bonds
467 Loulsv. N. A. & St. Louis
168
Atlantic & Pacilic
569 " anchester * K eene
Atlantic Miss. & Ohio
463
Railway. 168, 527, 560
Baltimore Cin. & West. Cent.. 526 Manhattan
469
502 Marietta & Cincinnati
Baltimore & Ohio
469
467 Massachusetts Central
Boston & Albany
5.53, 560
Boston HoosflC Tunnel & W... 467 Memphis & Charleston
Metropolitan
468,
502,
560
6.59
Boston &N.Y. Air- Line
469
467, 559 Mexican Railroads
Buff. Pittsb. & West
Minneap. &St. Louis
470, 5-8
526 Minnesota State Bonds
California & Oregon
469, 502
467 Missouri Kansas &Texa8
470
Capital for New KaUroads
559 Missouri Pacific
Carolina Central
502, 560
526 IV. Y. Central
Central Construction Co
528
502, 559 New York Elevated
Central of New Jersey
468, 560
Cent. RR. & Bk'g Co. of Ga. ...
N. Y. Chic. & St. Louis
469
Chesapeake & Ohio.. 467, 517. 553 N. Y. Lack. & West
560
468, 559
Chic. Burl. & Q
Penn. & Ohio
Y.
502
N.
502
Chicago & Eastern 111
Prov.
Boston
&
559
N. Y.
Ohlc. Milw. & St. Paul. ...519, 559 N. Y. & Tex. Mexican
491
467, 5.n9
Chicago & Northwest
West. Shore & Buff
528
559 N. Y.Carolina
Chicago* Pacific
State Bonds. 528, 560
No.
Chic. Portage & Lake Superior 467
OgdenMineRR
559
526
&0m..
..
Minn
Paul
St.
Chic.
560
559 Ohio & Miss
Chic. Texas & Mexican
Railway
468
Ohio
502
Dayton
&
Ham.
Cin.
Old Colony
526
Cln. Ind St. L. & Chic... 468,

The following

;

1879.

DEBT AND SINKINa FUNDS.
" On August 1, 1881, £200,000 debentures, which were given
on the Ist of August, 1876, payable in five years, with interest 1
at 5 per cent per annum, semi-annually, matured and were paid.
Twelve per cent premium was obtained for the gold at the time
During the period that
of the negotiation of these obligations
gold ranged from 10 to 15 per cent premium the company
issued an aggregate, at different period.s, of £1,000,000 of debentures, payable at three and five years from their respective dates
The result to
all of which have matured and have been paid.
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 resumpti ;n of payments 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.

—
—

—

56

5i>2
46^^

$114,969
Increment of cit.v sinking fund
Increment of sinking funds for the redemption of the sterling
482,613
loans due in 1895, 1902 and 1910
Payment on account of the principal of debt to city of Baltimore for the purchase of its interest in the Pittsburg
40,000
Connellsvllle Railroad
24,122
The Pittsburg & Connellsville sinking fund
Cd.s'
sink,
fund
42,604
Jpae Baltimore &Ohio & Chicago Railroal
4,915
Thit Washington City& Point LookoutR. R. Oo.'s sinking fund.

491

501, 502 Oregon Paolfio
468 Pacific Mail

CSn. N. O. & Texas Paciflo
468,
Olev. Col Cln. & Ind
Clev. Coshocton &8traltsville.
Col
Vernon
&
Clev. Mt.
Columbia & Greenville

Pacific Railroads

:

& Youngstown

528, 561
528, 561

<ti:

469
468 Pensaoola & Atlantic
469
468 Pennsylvania RR...
469
527 Phila. & Reading. ..X
Confederate Currency
470, 502
559 Portland & Rochester
Connecticut Railroads
461
502
Oonnectic ut Kiver ER
559 Railroads in Massachusetts... 561
Connecticut Valley
& Danv
461, 491
519, 5o9 Richmond
Connecticut Western
Robinson Consol. Mining Co.
470
527
of Summit County, Col
Dallas <fe Western
559 Rome Walei-town &Og...491, 562
Danbury & Nor walk
468 St. Louis & San Fran
Denver & New Orleans
528
519, 559 St. Paul ADuluth
Denver & Rio Grande
491
Minneap.
&
Man
Paul
470
527 St.
Kastern (Mass.)
491
468 Santa Cruz RR
East Tenn. Va. & Ga
559
463 Seaboard & Roanoke
Evansville R. I. & Eastern
559
Bvansv. ATerre Haute.. 467, 502 Shore Line
502. 561
527 Southern Paciflo
Florida Central
461
Flushing & North Side (L. I.).. 468 Tehuantepec RR
528
Texas-Mexican
528
ealv. Harrisb. & San An
461,470, 561
301 Texas APaoiflc
Galv. Houst. & Hend
Delphos
&
Burl
470
Toledo
Great Western of Canada
58 S
Gulf Colorado & Santa Fe.470, 502 Union Pacific
470, 491
Hannibal & St. Joseph... 470, 559 Valley RR. (Va)
562
Hanover Branch
468 Vermont Central
562
Housatonio
559 Virginia State Bonds
562
Hud. River Timnel Constr. Co. 560 Wab. St. Louis & Pac
469, 528
Ind. Bloom. & Western ... 468, 527 Wisconsin Central
491
Paincsv.

Total

Baltimore

&

790,000
the mortgage loan redeemable in 1«85
the bonds of the Northwestern Virginia Railroad Co. for .$500,000, indorsed by the Baltimore & OUi»
360,000
Railroad Co., payable in 1885
2,396,220
On account of the loan of the city of Baltimore
1,269,779
Onaccountot tlie sterling loan redeemable in 1895
1,559,121
Onaccountof the sterling loan redeemable in 1902
823,349
On account of the sterling loan redeemaolo in 1910
On account of the sterling loan for the B lUimore & Ohio
163,461
&. Chicago Companies redeemable in 1927
On account of the purchase of the inteiest of the city of
210,000
Baltimore in the Pittsburg & Conuellsvllle Riilroad Co
On account of the sinking mud of the Pittsburg & Connells117,894
ville Railroad Co
Onaccountof the sinking fund of the Baltimore Washington & Alexandria Branch of the Washington City & Point
33,024
LookoucSailroad Co

On account of
On account of

Total

"The

:

1880-81.1879-80.
Oross
Oross
yet
Net
Earnings. Earnings. Earnings. Earnings.
Mam stem, &c
$11,122,259 $4,846,615 $11,229,880 $5,172,980
Wash mgt-on Branch...
353,570
193,.'.33
314,405
246,496
Parkersburg Branch ..
712,158
72,422
860,160
371,829
Central Ohio Division..
1,006.025
228,267
1,003.363
311,454
Lake Lrie Division ....
899,791
112,373
847,221
208 853
208,853
Chicago Division
1,638,661
453,069
1,548,994
566,673
Pittsburg Division ....
2,500,543 1,124,473
2,238,481 1,011,82
1,011,827
,u
Wlieeluifj Pittsburg &
Baltimore Railroad.
53,537
1 094
50,380
8,594
Wewark Somerset &
Straitsville RR
177,304
41,548
224,649
88,239
•

,

May,

1881.
profit and loss account shows an increase for the past
year of $1,697,038, and the surplus fund, which represents invested capital derived from net earnings, and which is not represented by either stock or bonds, ntjw amounts to $42,258,680.
" The needlessly low and unremunerative rates under which

of

30, 1881.)

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,
including the Winchester & Potomac, Winchester & Strasburg,
the Strasburg & Harrisonburg, the Metropolitan Branch, and
the Washington City & Point Lookout railroads, and the Somerset & Cambria Railroad from January 23, 1881; of the Washington Branch and the Parkersburg Branch railroads ; the Central
Ohio, the Lake Erie, the Chicago and the Pittsburg divisions,
the Wheeling Pittsburg & Baltimore and the Newark Somerset
& Straitsville railroads, for the fiscal year, as compared with
1879-80, were as follows

Total

$7,873,351

" Semi-annual dividends of five per cent upon the capital
stock were paid on the Ist of November, 1880, and on the 16th

Ohio.

,

$709,234

" The following shows the aggregate of payments made on
account of the principal, and the investments for sinking funds
on account of the debts stated.
$120,500
On account of the mortgage loan redeemable in 1880

ANNUAL REPORTS.
[For the year ending September

XXXm.

branclies

%nvt$tmznts
STATE, CITS

[Vol.

,

.

$18,163,877 $7,073,398 $18,317,740 $7,986,970

These figures show an increase in gross earnings of $146,137,
and a decrease in net of $913,572.
" The aggregate working expenses of the main stem, with
all

a large amount of traffic has been tiansported by the trunk
lines has materially reduced the net results of the past as compared with those of the preceding years.
•' The increase in
the surplus fund for the year ended 3»th
September, 1880, was $2,356,984, while for 1881 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 in 1880, on its surplus fund, of September 30th, 1879t
$38,204,657, after the payment of cash dividends to its shareholders, to 4 per cent in 1881, on its surplus fund of September
30th, 1880, $40,561,642. The result for the fl.scal year, under
these adverse circumstances, shows, in excess of the cash dividends, a net gain and consequent increase of $1,697,038 of that
fund."
TRAFFIC AND TONNAOB.
" It is shown by the report of the transportation department
the
that
tonnage of through merchai)di.-<e east and west has
been 2,014,110 tons, while in the preceding year it was 1,930,397 tons, and 1,425,629 tons in 1879; 959.56S barrels of flour, a|
compared with 598,992 barrels in the preceding year, and
20,329,858 bushels of grain were brought to Baltimore during
the fiscal year. Of this aggregate of grain, 12,572,332 bushels

—

— —
NOVKMBKB

THE CHRONICLE.

26, 1881.]

ere of wheat and 6,72S,987 bushols were of corn. In live Htook
e traino tuu been 110,885 toQH, aad in lumber brought to Balti-

more, 79.003.
"The passenger earnings exhibit an increase from $1,879,990
in the preceding year, and 1,171,033 in 1879. to $1,714,922.
" The condition of tlie tracks and engines has been brought
to a high standard." * * *
" The coal tradt* of the main stem shows an aggregate of
2,180,608 tons, which includes 424,521 tons for the company's
apply. Of this quantity that transported for the public,
delivered in Ualtimore, is 1,513,174 tons, and that delivered at
In the fiscal year
local points upon the line 242,913 tons.
1,980,102 tons of coke and coal were transported on the Pittsburg Division, and 378,917 tons of coal on the Trans-Ohio
Divisions. The aggregate of coal and coke thus transported,
including all divisions, was 4.539,627 tons, showing an increase
for tht< year of 150.771 tons."
"Thirty-five engines were built at the company's work at
Mount Clare. Of this number 27 engines, costing $227,109 have
been charged to rolling power, and 8, costing $74,259, which
replace that number withdrawn, because their capacity and
patterns were not adapted to the present requirements of the
service, have been charged to the repair account. One thousand
three hundred and eight cars have also been built, and 34
sleeping and parlor cars, and 6 passenger cars have been purchased. Of this aggregate of 1,348 cars, 944 being new and
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.
THE PI ITSBURG & CONNELL8VILLE RAILROAD.
The earnings for tbe year ended Septemlier 30, 1881. were.. $2,500,648
The working expenses for the game period were (d5'3)
1,376.075

Showing net earnings of
$1,124,473
"The earnings were $262,066 more than those of the previous
year, and the expenses increased $149,420, showing net increase
over tlie preceding year of $112,646. The increase in the ratio
of working expenses has been 21-lOOths of 1 per cent as comgared with the preceding year,
etearnliijis
$1,124,473
After piiying the interest on the $4,000,000 7 per cent first
mortftago bonds
$280,000
The Intore-ton the Turtle Creek bonds
19,59G
The Interest on the Sterling Consol. mortgage Imuds 374,141
And the interest on the amount held in Sink. Fund.
4,820
678,858

There remains an excess of net earnings of
$145,614
has been credited on account of interest on cash
advances mide bv the Bil'im ire & Ohio Railroad Company to
the Pittsburg & Connellsville Railroad Company."

—which

BALTI.MOKE & OHiO

<fe

CHICAGO RAILROAD COMPANIES.

Thecamiugs for the fiscal year were
The working expenses for the same jroriod
The surplus

$1,6.18,661

1,185,591

(72-35)

for credit to the account of this division Ig

"The earnings were $89,667 more than

$153,060

the previous year,
while the expenses increased $203,271, showing a comparative
decrease of $113,603.
"The interest paid upon the 5 per eent sterling loan of
£1,600,000 taken for account of these companies amounted
The
during the year to *391,015 and the taxes to $46,871.
taxes paid—-$46,871 beii.g deducted from the net earnings
$453,969— leave $4(16,198, which have been credited in the interest account of the main stem, in which is charged the interest paid for tbe Baltimore & Ohio & Chicago Railroad Companies' loan of 1927.
in

—

Central Railroad

& Banking Company

of Geoi^Ia.

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 earnings and expenditures for the past year were
(.For the

:

EAESIKGS.
1880-81
$1,964,435
741,923
41,506
945,529
14.496

Savannah Division
Atlanta Division

RailroadBank
Southweatem Railroad
Upson County RaUioad
Total for roads and bank

Savannah Division
Atlanta Division
Railroad Bank
Bouthwcstcm Railroad
Cpson County RaUroad
Total ezpensea

1879-80
$1,681, 142

603,580
46,387
844,866
14,513

(3,707,891

$3,190,489

EXPSNSES.
$1,168,272
475,158
19,041
613,189
12,736

$850,029
303,060
17,103
469,478

$2,318,396

$1,652,534

-.

12,881

HET EARNINOB.
Savannah Division
Atlanta Division
Railroad Bank
Southwestern Railroad
Dpsou County Railroad

Totalnet

$796,163
266.765
22,465
302,310

$831,113
300,519
29,282
375,387

1,760

1,632

$1,389,193

$1,537,934

Compared with the previous year, the earnings of the company have increased ^17.401, and the expenditures $665,841,
Mr. Wadseason just past has been nnpropitious
the
line
of our
territory
tributary
to
throughout most of the
road, and labor is now being diverted from cultivating the soil
to the construction of competing lines for transportation
thus reducing the product of the soil and constructing lines of
transportation in competition with those that are now more

showing a
ley

says:

decrea.se in the net receipts of $148,440.

"The

587

than capable of doing

all the boaineai that in offnrHd.
While
preranted an a tnitbfal tatomi'nt of appraranoM at tb«
present time, it Is not to be regarded aa dcpreclaiing the value
of voarstook, but as a caation agaimit too sangolDe erpee*
tation for the future of tbe eoiapany. which Im dependent apon
maiy contingendea for ite proepe.ity." • • • •
stock, .tmoantd for the pre-

this

U

"We

for ralW, moetly
the prerioiia

steel, in excess of corrt^sponding erpenditurefl for

year or for some yean* past."

»

•

•

"The Western

Railroad of Alabama— in which we are
interested with the Oeoi^ia Railroad Compaoj—
has been reasonably proeperoas, and we have received
from it $161,000.
Bonds of that company amoanting to
$300,000 fell due on the 1st of Jnly last. Of thesn, $269,000
have been paid by this company and are held for fatare adjustment with the Georgia Railroad Company. There are yet
outstanding $1,808,000, bonds of the Western Railroad of
Alabama. Of these $636,000 are dne in 1888 and $1,167,000 in
1890.
The board have had under consideration the organization of the Western Railroad of Alabama as a corapanr, and
then for it to issue bonds to reimburse oar company for the
payments that have been made on accoont of it. This will
require the cooperation of the Georgia Railroad Company,
which it is not doubted will be readily obtained." * • *
" Id view of the fact that dividends have been withheld from
the stockholders and the money expended in con8';racting and
improving the property of the company, the lK)ard of directors daring the past year concluded that it would be iost to
make a distribution of del)enture8, or certificates of indebtedness, among the stockholders, to compensate somewhat for the
interest which they were fairly entitled to upon the original
investment. Acting upon this view it was determined to UMue
detientures to the extent of 40 per cent on the capital stock of
this company, and under the terms of the lease of the Southwestern Railroad, its stock was entitled to 32 per cent. To periointly

sons not familiar with the past history of this

company

it

may

appear that this operated as a virtual watering ot the stock,
whereas in point of fact it has not t>een eqnal to the amount
due the stock, allowing only 7 per cent per annum simple
interest.
This is demonstrated from recoros of the company
ind is illustrated by an original subscription to the stock ma^
by tbe late George B. Cumming, Esq. This stock has been
credited with every dividend from the inception of the company, and is equal to dividends of onl^ about 6 6-10 per cent
per annum on the investment, and lacking 60 per cent on the
stock of paying 7 per cent per annum, simple interest, on the

amount subscribed."
The earnings of the Ocean Steamship Company, of which Mr.
Wadley is also President, have been as follows:
Gross earnings of ships
Ui>eratlug expenses of ships

$466,412
217,612

Net earnings of ships
Net eirnings from Vale Royal property
Net earnings from Gordon Press

$248,830
39,941
12,349

Net income from

all

$301,121

sources

GENERAL INVESTMENT NEWS.
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
case of the Atlantic Mississippi & Ohio Railroad, directing
the payment of the remaining 5 per cent on the bonds of that
road, amoanting to $275,000, with 6 per cent interest added for six
months and a half. As this money was retained at the instance
of the Virginia second mortgage bondholders, this Commonwealth is held liable for $8,250, the amount of interest for the
time named. Representatives of Virginia gave notice, taking
appeal from so much of the order of the court as included
There still remains the purchase money of the road,
interest.
subject to the order of the court, about $620,000, enough, it is
thought, to pay the claim. Senator Mabone's $125,000 for services as President, and other claims against the fund in hand.

—American Exchange.

Central Iowa.— At a recent meeting of the directors the
First
were amended as follows
The object of the corporation shall also be to construct,
acquire and operate branches in connection with the main line.
Second—The capital stock is increased by $6,000,000. Third-articles of incorporation

:

not to exceed two-thirds of the capital
rumors from Wabash sonreea
the Central Iowa will change
and the road be operated under the Wabash after January 1.

The indebtedness

is

The World says that
stock.
state that the management of
Chicago

ft

Northwestern—Green Bay &

Minnesot^A

Wls^
dispatch to the Cincinnati Enquirer from Milwaukee,
Nov. 21, says: "It is stated semi-official ly that the Chica^ ft
Northwestern Railroad has purchased of John J. Blair, of New
York, the Green Bay & Minnesota Railroad, the consideration
being upward of ^00,000,"
Chicago Pekin & Sonthwestern.- In the foreclosure cats
the Chicago
of the Farmers' Loan & Trust Company against
niea
Pekin ft Southwestern Railroad Company, a motion was
railroad company,
in Chicago November 14, ostensibly by the
asking to have the recent sale of the road under foreclosure
was made that
set aside and the order vacated. The statement
majority of
the purchaser, F. E. Hinckley, the trustee, and the
d the
the holders of the first and second mortgage bonds, agree

:

:

.

THE CHRONICLE.

588

sale should be set aside. It is nnderstood, however, that this
Judge
is really made by F. E. Hinckley, the purchaser.
Drummond has refused to give him possession 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 th e road under the power in the trust deed, which would
cut out the floating debtors.—iV". Y. World.

move

—

Cincinnati & Eastern. The stockholders have agreed to
increase the capital stock from $500,000 to $2,000,000, and to
increase the bonded debt to such sum as the directors may
determine. The object is to complete the main line to Portsmouth, Ohio, and run a branch from Brush Creek, Scioto
County, to Gallipolis.
Cincinnati Indianapolis
is

the

St.

Lonis

&

Chicago.

—Following

exhibit of the earnings and expenses for the three
ending September 30, 1881, as published in the Cincin-

official

months

.

nati Gazette
July — Grose earnings
Expenses
7,767

Net.

August- Gross earnings
Expensea

$2.37.283

Net
September— Gross earnings estimated

$116,710
$231,042
130,000

•

120,572

names of themselves as
others. The World says

associated with Mr. Jay
:

Gould and
"The New York & New England has

recently finished its line to Newburg, on the Hudson, connecting 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
trains now come into New York City over the New York New
Haven & Hartford line, passengers being landed at the Grand
Central depot. On the Western Division the New York & New
England trains reach this city by connecting at Brewsters with
the New York City & Northern to One Hundred and Fifty-fifth
street.
It is said that, unless Mr. Vanderbilt succeeds in preventing it, the trains over the New York & New Haven line
will cross the river directly to the Second avenue elevated railway line over a bridge to be built across the Harlem River."

Northern Pacific. —President Arthur has accepted the report of the Government Commissioner appointed to examine a
recently-completed 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
to the company for two and a half million acres of public land
to which it is entitled under its land grant of 25,000 acres per
mile.

Expenses esiimated

Net
Total net for three months
The total yearly fixed oh.arges are
One quarter o this amount lor three months

fVoL. XXXIII.

$101,042
$295,425

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
issuing 60,000 additional shares, such shares to be offered for
subscription at par to stockholders of record Dec. 28, 1881, in

$63fi,946

proportion to their respective holdings of stock, the subscription books to be opened at the offices of the company in New
Balanc* applicable to dividend on stock
$136,188 York and Portland, Oregon, on Dec. 29, 1881, and closed on Jan.
Deduct dividend paid October 15, 1881
90,000 5, 1882j and all rights not availed of on the last-named day to
be disposed of as the board shall direct.
Surplus for three months
$46,188
The stock appertaining to the first two instalments to be
These flgures do act include the rental paid by Wabash RR., delivered Feb. 1 and to be entitled to all subsequent dividends.
amounting to $16,000.
The stock appertaining to the next three instalments to be
Cleveland 3Ionnt Vernon & Columbus.— A special from delivered June 1 and to be entitled to all subsequent dividends.
appertaing to the last three instalments to be delivCleveland, O., Nov. 18, to the Chicago Times, says that within The stock
and to be entitled to all subsequent dividends.
a few days a company will be formed to take the title of the ered Sept. 1
Mr. Villard says in his circular that the reasons which have
road. The property is now held for the bondholders by a committee of trustees consisting of Messrs. J. M. Adams of Cleve- led the board of directors to propose an increasH of the stock are
land, H. W. Smithers and J. A. Horsey of New York. It is the that the actual construction expenditures during the current year
intention to form a new company, put the road in first-class exceeded the e.stimates, and that, owing to the closer relations
condition, and build the proposed Dresden branch. When the between the company and the Northern Pacific, 100 miles of
organization of this new company is completed, the property new line in addition to the mileage included in the original
construction programme will have to be built; also, that more
of the road will be represented entirely by common stock.
cars and locomotives are needed.
Indianapolis Decatur & Springileld. At a meeting held in
A meeting of stockholders is called at Portland, Oregon, Dec.
Indianapolis, Nov. 17, the stockholders voted to authorize the 20, to take action on the resolution.
a
directors to take all necessary action to carry out the plan,
Pennsylvania Railroad. The gross and net earnings in
for the adjustment of part of the company's debt, which was
Oct., and for the first ten months of the year, are .specially
published in the Chrohicle of Sept. 17, on page 303.
Notice is given that the preferred stock and new s cond compiled for the Chronicle in the table below. In Oct., 1881,
mortgage bonds will be ready for delivery at the company's there was a decrease of $209,743 in gross earnings and a decrease
of $333,362 in net earnings. For the ten months there was an
office. No. 120 Broadway, New York, on and after December 1,
1881. Holders of second mortgage bonds, with all coupons increase in 1881 of $2,414,885 in gross, and $636,141 in net,
thereto belonging, or of the Central Trast Company's certificate earnings.
ALL LIKES EAST OP PITTSBUBG AND ERIE.
for the same, wUl receive the following new securities For
Orosg Earnings.
Net Earnings.
each income bond, 10 shares ($1,000) in preferred stock and
1880.
1881.
1880.
1881.
$350 in new second mortgage 5 per cent bonds. Scrip will be January ...
$1,366,298
$3,189,215
$3,083,551
$1,206,861
issued for the bonds, exchangeable for bonds in amounts of February
1,232,182
3,095,614
2,944,576
1,158,104
1,511,248
3.814.304
March
1,799,226
3.278,186
4>500 or multiples thereof.
I!

1.59,236

Is

—

—

:

>

.

.

.

.

.

.

.

Jacksonville Pensacola k Mobile.— A press dispatch from
Tallahassee, Fla., Nov. 19, says: "At a hearing yesterday
before Judge Walker, in the State Circuit Court, at the suit of
Frank R. Sherwin, the representative of and contractor with
the Dutch holders of the Florida 8 per cent bonds, against
Charles D. Willard, Calvin H. Allen, and others, the Court
denied the motion to appoint a receiver, but issued a temporary
injunction restraining the conveyance of the property until
the final judgment

is

made."

Lehigh Valley.— A dispatch from

Bufl'alo states that the
road has acquired the Tifft farm, consisting of 400 acres, for
the sum of $300,000.
The Clinton Branch was opened Nov.
The Lehigh Valley now controls the Buffalo Creek Road.
22.
Minnesota State Railroad Bonds.—The Minnesota State
Railroad bonds were issued to the railroad companies in the
following amounts respectively

To the Minnesota &

Pacific Railroad Company
To the Minneapolis & Cedar Valley Company
To the Transit Company
...
To the Southern JllnnesotaCompanyV.'. '.".'.'.'.'..'.

'."...'.'.

Total

.$600,000

600 000

500000
575' OCO

$2,275,000

State^ Auditor Whitcomb, in regard to the claims against the
railroads, states that already more than $300,000 in claims have
been fijed. The time for filing does not expire until December
4, but It is his belief that all tlie claims are in or nearly so
8t. Paul Pioneer-Press.

—

April

.

May

.

Juno

.

July

.

Aupust

.

September.
October

3,760,372
3,850,897
3,807,437
3,780,418
3,809,978
3,735,006
3,672,071

.

.

New York & New England.— Mr.

Russell Sage and Mr
Cyrus 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 last
Monday a majority of the 200,000 shares were found to be in the

1,480
1,471,910
1,688,394
1, 5.1

$14,114,698

to the lines west of Pittsburg and Erie, the monthly reports issued in 1880 and for the current year show the results
below. The company's report, however, states the gain sine*
Jan. 1 this year, against the same period in 1880, as $228,478.

ALL LINES WEST OF riTTSBURG & ERIE,
Net Surplus over
1881.

January
February

March
AprU

,

May
June
July

August
September
October
Nettctal

all Liabitities.

Ine. or Dec. in

$381,539
143,497
441,901
496,764
2)8.482
def. 56,400
178,533
355.771
245,337
337,789

$305,304
116,710
557,171
312,209
300,827
267,296
206,982
419,606

1881.
$76,235
Inc
26,787
Inc
Dec.. 115,270
Ino .. 184,495
Inc.. 207,281
04.881
Dec..
Dec.. 122,294
88,475
Inc ..
33,355
luo ..
81,817
Dec..

$2,713,213

$2,505,847

Inc.. $237,366

1880.

11,201
8,481

Philadelphia & Reading.—The statement for October and
months ended October 31 is as follows:

for the eleven

-1880-31.
(h-ose

BeeeipU

:

authority of one of the most prominent officials of the New
York Pennsylvania & Ohio, and can be relied upon as correct."

1.302,.")05

$14,750,838

$34,137,327

Total... .$30,552,212

1,495,582
1,476,852
1.012.247

1 ,655,810
1,688.610
1,488,543
1,490,971
1,444.504
1,463,177
1,355,032

As

New York Lake Erie & Western— New York Pennsylvania
& Ohio.-The Pittsburg Dispatch says " Within the next few

months these roads will be combined under one management
and controlled by one company. This a.ssertion is made on the

3,488,366
3,417,916
3,221,476
3,449.644
3.723,355
3,647.543
3,882,714

Oct.

RallroadCo.—
Railroad traffic
Canal trafllo

$
.

.

Steam colliers

Kichmond

Profit for

for

Eleven
Months.

Oct.

$

$

1.413

2,407

803.015 ,531,268
48,772 341,023
32,629 249,980

1879-80.
Frorlljor
Pro/It

for
Oct.

Total ER. Co
& Iron C»

10,206
1,989,947
1,441,673

885,831 8,121.680
146,434 971,262

Eleven
Moiitln
0;

a.

807,933 7,138.672
68,692 336,276
25,690 186,9oB

coal

barges

Coal

1,822,830
95,501
61,34»

Profit

785

701

903,108 7.662.605
110,758 373,955

Total both oompaa's 3,431,621 1,032,265 9,0J5,942 1,043,807 8,030,560

:

NOTKUTIKR

THE CHRONICLE.

26, 1681.]

Port liojral ft Angnsta.— At tbn annual meeting last week
the following statement was presented for the half-year endiuK June 30

58d

She (Eammercial

ajimcs.

:

IHSl.

1880.

$179,160
137,495

Oi-OM ponilngn

KxpvuBea

Inereate.

$133,711

SlO.l.M

lIO,lS'.i

:i7,C4i!

COMMERCIAL EPITOME.
Fbib*! Nioht, November

35, 1881.

The

.'......
$11,076
Ketcamlngd
$2?.,501
$10,108
At the meeting a board controlled by the Central of Georgia
was chaHen, and it is announced that the road will pass formally under the Central's control on December l.—liailroad

troablea of the natloaal banks at Newark, N, J., and
Boston, Hasa., were followed by ruraom affecting the standing
of similar institations in this city, and caused much disqqietad*
in monetary circles.
Evidently the banks thronghoat the
country are endeavoring to streogtheo tod seoare their poal.
tions, and values of merchandise are nnfavorably affectod
thereby; the pressure to redace stocks held in store on speculation has been increased, while trade, usnally dull at this season,
has been interrupted by the annual Thanksgiving holiday,

Gazttte.

South Curolinii Railroad.— On Saturday, Nov, 19, Judge
Bond, sitting in chambers as of the United States Circuit Court,

and others, against the
South Carolina Itailroad Company and others, by signing orders
confirming the compromise made with the syndicate, directing
the tranfifer of the road to the new company and fixing the exLower prices are the natural result. Speculations for the
penses (if the sale. The road extende from Charleston, S. C,
advance predicted on short orope hare been checked; bat no
to Colombia, S. C, and to Augusta, Qa.
serious declines have taken place, and mercantile circles are
South Carolina State Bonds.— The Treasurer of the United
apparently in a good position, and confident that after the hollStates holds bonds of South Carolina amounting to |2'18,7.')0
principal and interest, dated January 1, 185G, and on applicadajs a better turn of affairs may be expected.
tion to the State Treasurer requesting to know what provision
Rio coffee has been very quiet at the quotations of last week;
had been made for their payment, received a reply stating that
the stock in first hands here has, moreover, been increased to
"The State capital bonds of 1855 and all bonds issued prior to
the 1st of January, 1866, together with all their unpaid cou- 119,619 bags; mild grades have met with a very moderate sale
pons which matured on or before the Ist of January, 1880, are at unchanged prices. Rice has remained steady, and the delivexchangeable 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 Ist
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 an3 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 aucprincipal ana interest of the bonds referred to."
tion sales; at a sale to-day of 9,500 packages. Japans fell oft
Slock Exchange New Secnrities.— The Governing Com- 2c. and most grades of green Ic, though Formosa oolonga
mittee have admitted the following securities to the list
remained about steady. New crop New Orleans molasses ha*
Missouri Kansas & Texas Railway. Additional issue of latterly been quoted at 88@63c., with
moderate transactioM
bonds under its general consolidated mortgage of December 1,
within this range; other kinds have been dull and nominal.
1880, aggregating $1,000,000.
Chicayo Milwaxikee & St. Paul Railway. 1,230 additional Raw sugar has broken away from what appeared to be the
bonds of the Hastings & Dakota division on eighty-two miles secure position of many weeks past, the extreme dulnass of the
of newly-completed road at the rate of |15,000 per mile, amount- traffic in refined leading importers to redace their quotations
finally settled the cnse of Calvin Clafflin

—

—

,

ing to $1,230,000.

in order to stimulate business. The market closes very dull at
First mortgage bonds on
7?4@7%o. for fair to good refinuig Cuba and 8J4o. for 96-degree«
denominations of $1,000, dated
January 1, 1«81, and maturing January 1, 1921 ; bearing inter- test Centrifugal.
Shdt.
Boxet.
Bagt.
MeUuUt
est at the rate of 6 per cent per annum,
(2.) Income bonds of
Receipts since November 1
13,382
212,113
the "Mineral Division," $300,000, of the same denomination Bales Klnee November 1
15,444
4,182
219,846
47,667
6,515
.526.858
52
and date, bearing interest not to exceed 7 per cent, and non- Stock November 23, 1881
Stock November 24, 1880
41,217
7,735
901,937
3,658
camHlative.
Refined sugars closed dull at 93^c. for granulated, tOc. for
United States National Bank. Capital stock $500,000, nonpowdered and cubes, lO^c. for crashed and cat loaf, and 9%9
dividend bearing for a series of years,
Chicago Burlington & Quincy Railroad (1). Three million 9Mc. for standard .soft white "A."
dollars Iowa Division mortgage bonds interest 5 per cent, payKentucky tobacco has been more active, the sales of the week
able semi-annually, April and October. (2.) Nine million dol- aggregating 1,859 hhd-s of which 1,764 for export. Prices arclars Iowa Division raurtgage bonds ; interest 4 per cent, payable
a shade easier but close firm ; lugs, 6@7c., and leaf 7M@13a.
semi-annually, April and Octf>ber.
Seed leaf has been quiet, and the sales are only 763 cases, as
All of the above bonds bear date Oct. 1. 1879, and mature
follows 300 cases, 1880 crop, Pennsylvania, 6^35o,; 363 cases,
Oct. 1, 1919. Not exceeding $16,000 per mile on single track,
main line, and $14,000 per mile on second track. Annual sink- 1880 crop. New England, 16@35c.. and 100 cases, 1880 crop,
Ohio, on private terms. Also 450 bales Havana, 86c.@$l 15,
ing fund of 1^ per cent on bonds issued, to be applied in purThe provisions market has latterly shown a better tone.
chase of S per cent bonds, at not more than 5 per cent prerecovery of the late declines has taken place, and specumium and accrued interest, or 4 per cent bonds at not more Some
lative interest has been to a certain extent revived. The revothan par and accrued interest. In case of insuiBcient offerings
of the French edict prohibiting the importation of Amerthe bonds to be drawn by lot and paid at 105 or par, according cation
can hog products has resulted in large sales of bacon in the
to bonds surrendered.
West for that market. To-day mess pork sold on the spot at
Oregon & California Railroad.— First mortgage bonds, $17 50 February contracts realized $18@$18 05. Bacon sold
$6,000,000,
The issue of bonds is limited to $30,000 per mile of at 9M@9%c. for long clear. Lard advanced 10c. per 100 lbs,,
actually constructed road, and as that already completed is and was fairlyaetive; prime We-sternsold on the spot at tl'SOo.;
306^ miles, the present issue comes within the limitation. The do. for November, ir2O0fiill-25c.; December, 11 -37^01 l-30c.;
bonds mature in July 1921, and bear interest at 6 per cent, pay- January,
11-42^@11 52^c. ; February, 11 •52^011-02^0. ;
able January and July. A sinking fund is to be created July March, 11-62^@116.')C.; May, ll-75@ll-77J§c.; refined to the
1, 1886, for their redemption by lot at 110 per cent.
Continent, 11 55c. Beef quiet at $25®$26 50 for extra city India
Richmond <& West Point Terminal Railway and Ware- mess. Beef bams dull at $20. Butter and cheese have been
house 6'ompani/.— Capital stock, $3,000,000, in $100 shares, fully aboat steady and only moderately active. Tallow i ells slowly
paid no bonds issued.
at 7?4e. Stearine is wholly nominal at ll?4c.
In naval stores much irregularity has prevailed; while spirits
GE.VERAL ACOOCXT, KOTKHBKB S, 1881,
turpentine has advanced to 56c., in sympathy with the Southern
Dr.
Cr.
Capital Rtock
$3,000,000 each in treasury
$121,432 markets, rosins have declined to $2 20(!Ji$2 2o for good
BtU.1 imyable
492,500 lOxpenses
.'i,533
strained, in view of the small export intere.st and the unfavorAccouqU payable
Bill teoeivable
,2'.2,i)13
176,614
Refined petroleum has declined with
able foreign aivices.
Auiouiit duo ou Rtock
(^ust of stock omied...
l,6U8,64l
aud bond." purchased
296,931 Cost of bond/! owned... 1,156,532 crude. The production is steadily increasing, and the Uaropeaa
Due liidividuaU auil
V-08t of cotton c.oiupresa
markets are well supplied. Refined for export quoted tbie.
OOmpuDlfH
wbarve8,etc., at KicU190,408
Crude certificates have been active at declining prices, Therw
I>ae on cotton compreca
raoDd and Wivst Point
69,2Co
were sales at the close at 80^c. Ingot copper nas been firmer
at Weet Point
18,092 Due from Individuals
and companies
182,825 and closed at 18^@lS^c. for Lake. All other metaht are firm,
though perhaps a trifle less active.
ToUl
$4,010,815
Total
$4,010,815
Ocean freight-room has been very fairly taken of late. Bate*
Washington & Ohio. This railroad, extending from Alexan- have improved for berth tonnage and charter room is well.
dria into London County 51 miles, is advertised to be sold Janu- maintained in view of the smill numbt^r of vessels in port. The
ary VI, 1882. It is reported that at the recent meeting of the engagements to-day included: Grain to Liverpool by steam,
bondholders held in Alexandria for the purpose of devising 4d., 60 Ibe., and 3/'^d. standard; bacon 128. CdOlSs.; cheese, 18s.O
some plan for protecting the interests of the bondholders under 17s. 6d; cotton, ll-64@*^d.; floor, ISs. (Sd.; grain toTyneDock
the Ist, 2d, 3d and 4th liens, either by the purcha.su of the road by steam, &>^d,: do. to Bremen by steam, 1 mark; do. to Cork
themselves or for making Mr, McComb pay enough for it to for orders by sail, 4s. 4^d. per quarter; naphtha to Plymouth,
secure them, nothing could be done on account of the unfriend- 3s. 6d.; refined petroleum to Bristol, 3». do. to Bristol Obaonel.
ly personal relations that existed between several of the parties, 3s. 3d.; do. to Newcastle, 3»„ 6d.; crude do. to BUt«, 3^. Sd.;
—Baltinwrt Sun.
case oil to Japan, 32@35(:., huter rate if two ports.

—

Ohio Central Railroad.
"Mineral Division," $300,000,

(1.)

in

—

—

;

:

;

;

—

;

—

THE CHRONICLE.

590

COTTON.
Feidat, p. M., November 25. 1881.
HThk MovRMBUT OF THB CROP, a.s indicated by our telegram?
from the South to-iii.£rht, is given below. For the week endine
this evening (Nov. 25), the total receipts have reached 221,876
bales, against 224,837 bales last week, 224,420 bales the previous
week and 216,685 bales three weeks since; making the totaJ
receipts since the Ist of September, 1881, 2,053,513 bales, against
2 319,716 bales for the same period of 1880, showing a decrease
since

September

Receipts at—

1881. of 266,203 bales.

1,

Mon.

Sat.

Wed.

Tues.

Thurs.

2,036

1,787

1,495

4,195

3,221

Galveston

Fri.

Total.

3,645

16,379
615
62,024
16,922
1,400
36,886

645

Indianola, &c.
Hew Orleans...

9,299 10,527
1,342
1,633

8,308

6,112

8,256

7,636

5,759

5,822

6,179
2,610
1,400
3,301

863

863

Charleston
Ft. Koyal, &c.

4,915

6,231

4,360

5,685

3,439

3,649

28,279

918

918

Wilmington
Moreh'dC.,&c

1,462

1,321

2,130

954

500

Norfolk
CityPoint,&c.

4,103

6,779

7,552

4,329

4,020

1,539
1,235
3,972
2,858

New York

358

449

750

1,250

2,442
1,069

868

Boston
Baltimore

1,899

1,413

1,527

7,906
1,235
30,755
2,858
5,395
7,158

120

165
566

6,477 21,234
8,177
2.291

Mobile

869

Florida

Bavaimah
Brunsw'k, &c.

Pliiladelp'a, &c,

Totals this week

528

428

263
154

758

1,823

60,*3"> 36,808 32,690 27,5341 34,100 221.876

For comparison, we give the following table showing the week's
total receipts, the total since Sept. 1, 1881, and the stocks to-night
and the same items for the corresponding periods of last year.
1881.
Beeeipts

yovember

1880.

This
Week.

Galveston

212,126
8,268
526,249
120,78
9,755
389,554
5,238
283,663
12,963
68,278
7,555
273,875

16,379

645

Indianola, &c..

New Orleans
Korida
Bavannah

36,8i»6

Brunswick, &c,

863

Charleston
Port Koyal, &c,

28,279
918
7,906

Wilmington
M'head City,&c
Norfolk.
City Point,

1,235

30,755
2,858
5.395
7,158

&c

New York
Boston
Baltimore

428

Philadelphia, &c.

24,384

134

44,987
14.406
1,535
32,570
89
24,072
3,237
7,157
1,143
31,388
27,115
11,053
19,876
3,10S
60,088
4,082
11,867
1,036
16,238
811

62,024
16,9i2
1,400

Mobile

Since Sep.
1, 1880.

This
Week.

Since Sep.
1, 1881.

1,825

251,P5i
7,583
503.703
153,373
6.953
447,145
3,299
331,970
21,403
70,326
11,314
324,376
95,930
28,875
33.72h
10,630
14,155

1881.

1880.

98,281

90,002

436
249,064 255,410
38,656 36,334

692
100,175 135,829
113,150 128,372
745
6,359
19,775 27,749
62,791

61,296

156,024 107,382
3,420
3.675
34,169 37,549
23,703
6,595

221,S7K 2,033.51a 205.192 2,319.716 901,036 897,052

Total

In order that comparison may be made with other years, we
give below the totals at leading ports tor six seasons.
Receipts at—

Galvest'n.&c
New Orleans

MobUe
Bavannah
Charl'Bt'n,*(

WUm'gt'n, &C
Norfolk, Ac..
All others....

Tot.thlsw'k.

1881.

1880.

17,024
62,024
16,922
36.386
29,197
9,141
33,613
17,069

221,876

1879.

24,518
44,987
14,406
32,57c

27.309
8,300
42,411
10,661

205,192

27.713
78,896
21,099
35,668
23,928
5.235
38,435
16,148
249,151

1878.

1877.

22,827
59,873
18,695
21,586
22,617
7,202
23,311
17,507

18,658
60,393
17,541
25,751
15,789
7,145
16,982
9,957

134,625

1878.

26,938
54,116
19,240
26,942
28,449
7,871
29,578
11,695

172,216

204,879

BInoe Sept. 1 2053.513 2319.716 2134.998 1730,234 1499.517
1843,665
"Oalveeton includes Indianola; Charleston includes' Port Koyal, Ac:
Wllintag.an Includes Morehead City, &o.; Norfolk includes City Point. &c!

The

erports for the week ending this evening reach a total
Of 107,855 bales, of which 54,076 were to G-reat Britain, 18,996
to
Ifrance and 34,783 to rest of the Continent, while the stocks
as
made up this evening are now 901,086 bales. Below are the
«ports for the week and since September I. 1881.

Wuk

BnAing Nov.
Bxpnrted in—

Oreat
Brifn. France

/iW/lr-

Oonti-

From Sept.

35.

Great

Total

Week.

Britain,

Galreston

IfiM

1,456

2,51';

New Orleans.

9,120

1S,S35

35,693

53,012
164,J5u

Tient.

MobUe
Florida
Bav'annab ....
Charleston •..

Wilmington..
Norfolk

New York
Boston
Baltimore.

80,251

7,714
4,618
18.801

1,430

9,4M

S75

4.673

1,743

20,231
9,4t7

8,048

800
949

17,70
n.O.'O
I

4,678

..'.

n>Uadelp'a,&c
Total

BOO
54.i'76

500
18,998' 34.,'!*' 107,85:

_To>»119«»l

^iWUflW Mporu troD Port Boral, 4c

We

On Shipboard, not cleared—for
Leaving

AT—

Nov. 25,

Oreat
Britain.

New Orleans
Mobile
Unarleston

Bavannah...
9alve8ton

Sew York
Other ports
Total

France.

Continent.
3,531
73,408

14,713
69,708

12,293
None.
5,300
11,200
11,280
1,000
2,100

2,014
4,800
4,512
None.
4,000

33,510

43,173

19,115

56,055

BO

146.549
106,63
22.147
111,371
123.342
28,711
31,983
11,137

610,094 108.6CS

253,778

972,175

793 84S 163,631

228.714 1.186,220

1

12,256

Stock.

Total.

2,139

11,701)

190,160
33,856
90,022
77,475
70,660
152,524
134,036

152,353

748,733

58,904
4,800
23,128
22,700
27,621

1,600

•3.500

Included in this amount there are 300 bales at presses for foreign
ports, the destina.ion of wliioh we oaonoc learn.

The course of business the past week has been interrupted by
a close holiday (Thanksgiving, November 24). The speculation
in futures was moderately active at variable prices. On Saturday
a very low estimate of the current crop, put forth with much detail and many concurrent opinions, caused the recovery of most
of the decline of last Friday. Some adverse reports regarding
the prospects of the top crop had also an influence in the same
direction.
But on Monday the very large receipts at the ports
(over 60,000 bales, against about 40,000 bales for the corresponding day last year) caused a decline. Tuesday was variable and
weak till toward its close, when a demand to cover contractu
promoted a slight advance in futures. On Wednesday weak
accounts at Liverpool, and the indications which were apparent
on all sides that a free movement of the crop was taking place
the effect in part of money pressure caused a decline. On
Thursday it was severely cold over a large portion of the cottongrowing region, doubtless putting a stop to growth of the staple
for this season in a consiierable section. To-day there was an
early decline, but the close was dearer on port reoeipts and
strong Liverpool advices. Cotton on the spot advanced l-16c.
on Saturday and declined l-16c. on Monday. On Wednesday
while uplands were unchanged Gulfs were advanced l-16c.,
putting middlings of the two growths 5-1 6c. apart, a much
wider difference than usual. To-day the market was quiet and
unchanged.
The total sales for forward delivery for the week are 674,400
bales.
For immediate delivery the total sales foot up thig week
5,866 bales, including 2,082 for export, 2,524 tor consumption,
in transit. Of the above, 320 bale*
1,260 for speculation and
were to arrive.
The following are the official quotations and
sales for ?ach day of the past week.

—

UPLANDS.
JHou Tnen

Not. 19 to
Nov. 25.

Sat.

914
9^18
StriutOiM.. 9l»16
934
Ooort Ord.. 1058
10816
109.e
Str.G'dOrd llll6
11
Low Alid i'k U»,6 III2 III3
Str.L'wMid 111316 11% 11%
1I16]„I 111618
Middling.
12
yiiin(\ Mid
1238 125i8 125i6
Str.G'dMid 12=8 12»io 12»I6
iVlidil'g Fail' 13%
131,8 13'l6
131S,8 13'3ig
13 '»
Fair
Ordin'y.*ll>

9^"

Wed Th.
Ordin'y-¥*

93,6

Strict Ord..

9%

Good Ord-.

io»,«

G'd Ord 11
Low Mldd'g III3
Str.

MiddliiU'... IIIBI6

Good Mid..

126,8
Str. Q'd Mid 129,8
Midd'g Fai] I31l«
13l4,6
Fair

Frl.
P3,8

n

10«,8
11

Strict tjood

Ordinary

TEXAS.
moulTaeii Sat. Klon. Taea

9i«
9':6
97l6
9''ie
10
10
101 16 10
lOiSje 1013l, lO's
101316
III4
1114
11&16 IIH
lli%e 11% 11%
1113,6 11%
I2I16 12
121 If. 12
12
1214
123,8 123,8 12 '4
123,6
12=8
129(8 129,6 I2S9
12»,8
12'8
1213i„ l-2l3i, 12'8 Il2l3i6
1338
135ia 13^18 1333 1135,8
I4I8
14'l6 141,6 14'8 I14I16
9»3
lOiis
lO's
llBj8

Wed Tb.
lOTfl

llkja
imi ll'Sie
11% 121,6
lllBl6'12l4
125,8 1208
129l6 12''8
I3I16 133.
1313,8 1418

8TAI;?ED.

G06d Ordinary

NEW ORLEANS.
Sat.

91a
lOiia

9%
t>.

Str.L'wMid 11%

t>.

5
a
^
n

ft.

Frl.

1019

12
123,t
129,6
12l5,j
136,g
141,6

Frl.

"iiT

12li«,

12H

1214

1258

1268
12-8
1338

813,6
913,6

9 '8

11%

121,6

913
101,8

lOije
lO'e
116,,

loV

116,8
1113,6

mi,,
12%
127.
1338
1416

14%

inou Tueo

10»is
11»16

1013,4
III4

124
1338
I4I8

8'8

W^ed Tb.

97,6

10

913
101,6
lO's
116,6
1113,6
121,6

12'7fl

Sat.

^

Low Middling

SAI.K8

SPOT MARKET
CLOSED.

71,256
307,493

3,9M

12,720

wise.

MABKBT ABD

3,900
B7,63i

80,687
41,488
3,089
9,860
23.088

Coast-

21,698 23,724
1,000
2,200
11,764
4,050
5.100
1,600
2,936
8,893
None.
2,000
None.
5,600

Total.

7,»7J

8,25
9.206
1,430

Other

Foreign

813l6
91=16

Wed

Tb.

Frl.

8l3i«
913,6 Holi-

iis^

101^3

lOk

Ilia

llin

day.

913l»
lOij
Ills

25, 1881

7.970

55,936
17,828
101,711
88.S3e
28,710
19,713
11,087

In addition to above exports, our telegrams to-night also give
as the following amounts of cotton on shipboard, not cleared, at
add similar figures for New York, which
the ports named.
are prepared for our special use by Messrs. Carey, Yale &
Lambert, 60 Beaver Street.

Middling
1. 1881, to Nov.
ExpnrieA to—

xxxm.

—

Slock.

to

25.

[^oL,

Sat.. Steady atijg adv
Mon . Quiet at iiadeo.
Tues. Quiet
Wed . Dull at rer. quo

MxI

port.}

102

650
190

Thurs
Pri.

Total

.

Firm.

BALES.

OF SPOT AND TRANSIT.

Oon- Spec- Transump. ul't'n sit.

578

460

4-24

.200

829
316

200

Total.

Sales.

1,140 113,700
624 141,100
1,679 103,800
506 114,400

Holi day.

Oeliterits.

600
600
40(K

40O

4,01}

1,917 201,400

300

2.0821 2.524 1,260

5.866 674,400

2,300

1,140]

377;

The daily dnllveries eiven auuve are actually u '*nvBro4 the
vious to that on which they are reoortod.

day pr»

The Sales a»d Prices of Futoees are Hhowf by the following comprehensive table. In this statement w/U be irund the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total s.'tJes.

»

11

NOVKMDKR

1

.
.

THE CHRONICLE.

:8, 1881.]

591

•took at LiTsrpool.
•toon at liODdon....

T"e5a!
:

o-r^

""S^-

T''3o:r<
:

°-rS

1H7B.

1878,

317.000
54.932

30l,00«

87I,KI8
70,890

ssn.sso
88.000

S8,M0

Total Orast Brttala ttook
at Harre

.

took

1,1?

^'sj

:

1M8I.

iAO.OOO

£:

atook at MaranillM
Stock at Raroelona
Scosk at HamoarK
Btook at Bremen
Stock at Amil«nUuii
Stock at Rotterdam
Stock at Antwerp
Stock at other oontl'Dtal porta.

I

S4.no

8U9

1.350
8.000

7.540
1.400
14.030
1

.^..too

11.500
28,250
6.750
3.7SO
6.350

4.480
l,0i«0
,,

2,433

"'103

3 -'OS

400

00 •)

OOD

Total continental poru....

367,350

175,471

113.471

156.350

Total European tooka.. ..
India cotton afloat for Europe.
Anifr'n cottoa afloat for Kur i>e
GKypt.Brazll.Ac.aflt for K'r'pe
Btook In UuIKmI States |>orui
Stock In U. S. Interior porta..
United Btt tea export* UHlay

702.250
08,000
414.000

654.871
53.000
451,000
43.000
806.625
247.911
20.000

48.5.404

46.173

401,500
84,000
475.000
38.000

6fl3.091

611380

264 183
23.000

3US.8I3
18,000

3:i,ono

001.080

.

32S.>H>3

6,600

.

ooodo

ODflD*-'

69.263
5.1^i.335

Total Tialbleanpply
2,510339 2,365,407 3,103.387 1,,913.792
Of the aoove. the total* of American and otber deaerlptiona
puon* are »i foUowa:

—

Liverpool atock
Continental atooka

CilU

I

American

afloat for

350.000
111,000
414.000
901.080
325.903
6.600

Europe

Onlt<Ml 8tatt« Htock
Onlt«a 8tut<M Interior Btocka..
DnitedBtatea export* to-day..

MIO

Total

M

•-QD

t9tOo

N^O

1.1

^3
10 to

to to

CCM

wto

»»
-Ma

«»

to top

lotoS

totoS

cici*

to 00^

—M

to to

S>o

•HS?*-

— -.

ifc

^s

«.-)

-00

(OtO

to to

to to

CO©"-

MOO

e»?
to too
I

00

toou

8u

CJ

to to

ad
Sw

—M

®»

- — ;0
1

I

to to :>

The above

aw
f.w
9 CO

to tod

toto§

1

4o

to to

to-i

-i-i

SIO
I

**

S*

I

•ico

»
K o
^ o

-J 35

OD

totoa

to

.
I

au
I

«>o

tOtOQ
OiCpO

<i-.io

1910

to to

WW -3

»."
to too

tcto

OtO

C-l

to 10

to to

<cob
CdCO

CO 00
00 Ul

towe
CO

I

coto

I

ucco

to

^6°

«-

O-J

too

wosS

I

66*

Jeltersou, Tex...

Bhreveport, I^a..
Vicksburg, Miss.
ColuiubuH, Miss..
Eufaula, Ala

I
rffc

COlOo

1

o

Griffin,

Rome, Qa
(rharlotte,
St. Louis,

coco

CO

I

it

i

I

l«

N.

Uo

Clnobmatl,

7,194
4.884
1.840
4.4.51

3.218
22,449
2.874
1,233
1,840
2.0-'2
7,32-2

1.587
2,771
1.332

5,140
4.939

C.

O

8l8
2,0.770

15,378

Total, old port*.. 112,272
I

*Tewb«ny. S C.
Raleigh. N. C...

I

OD

«-

Ga
Ga

Atlanta,

66

«>-'

66*
to 00

Qa

Montgom'ry,Ala.
Sclma, Ala.*
Memphis, Tenn..
Nashville. Tenn.
Dallas. Texas. ..

o

cobs

.

10 to

Ut-

57iad.

an increase

in the cotton in sight

—

Uacon,

©00

WIO

e^al.

ponding date of 1879 and an increane of 597,047 bales as compared with 1878.
At THB iNTBaioR Ports the movement; that is the receipts
and shipments for the week, and stock-s to-night, and for tne
corresponding week of 1880 is set out in detail in the foUowing

Augusta, Ga
Columbua, Oa...

I

*-*-*

060

6>ligd.

6>td.

Week ending Vov. 25.

MH*J

l«

»;

I

46.173

'8 1 .

Week ending Jfot. 26,

'80,

toioo

o

§1

cob

43,000

34.2M
37,250
84.000
28.000

2.510.839 3.365.407 2,103.387 1.313.793....

figures indicate

S«

tOtOa
-iooO

S'ob
«)!4

I

0tf.'262

statement:

to to

«r

I

.^2.000

136.000

33?i.87t
402.250
383.933
309.500
2,108.589 2.029.536 1,739,519 1,604,292

Reeeipu}SKij>m'U
to to

115.000
54.933
78.471

—

10 to

u*to
I

117,000
44.100
79.471

to-night of 145,432 bales as compared with the same date of 1880,
an inorease of 407,452 bales as compared with the corres-

to to

»«

I

KM

tots

X

10

6H:i.(i31

29,500 bales.

a-45
to to

264.183
23.UOO

imports into Continental ports this week hare been

|£^ The

rr ti

o

106,000
38.H00
156.350
68,000
33,000

<fco.,aJIoat

Total East India,
Total American

to too
CJicjlO

toio

to to

891.«25
247,011
30,000

175.000
119.000
475.000
611.380
305.013
18.000

2,108,589 2,029,530 1,739.519 1,004.202

Total TlalWeaupply
PrioeHld. Upl.. Uverpool

I

trt

*-Oto

202,000
3.^.000
53-'.333

CdtO

»0I0

to to

I

GKypt.BrazU,

to to

I

UtOo
*-^

QD

Sw

I

I

•"•so

to to
to to
00 oa^

American

Bait Tndian.BraM, de.—
Uverpool stock
liondon stock
Continental stocka
tudia afloat for Europe

ai.o

I

-1
to tod

I

318.000
96.000
4.^1.000

tots

SO
—

I

I

Amertc€m—

tcoo

tOQO

ODCO
Wt«l-i

<«:

1

1

I'etcisburg. Va..
Louisville. Ky...
Little Rock. Ark.

1:

Brenham.Tex...
Houston, Tex..

Includes saica in September, 1881, for 8«r'
..(ember, 314,000; September-Ootober for October, 416,400.

!)!>7

Stock.

6..S37

27.498

2,828
2,394
3.581
2,402
15,073

23,17.5

766

15,472
5,357
2,430
10.161
10.477
8.705

1,372

640
2.228
6.392
1,152
1,951
1.970
4,843
6.007
1,158
18,159
14,175

8.3'22

11,347
1 1.620
75,8.53

8.118

2.421
5.095
4.500
17.46S
3.548
1.479

3.489
6,215
4.657
16.683
2.923
1,187
218
3,411
4,.M9

1,'293

2.3'22
4.;V2T

1.305
2.924

3..597

773

Stock.

20.772
18.789
6.658
9.400
7,500
£3,318
9.150
4.092
4.475
6.001
6.261
3.535
3.710
3.719
17.698
17.778

8,056

6,04 1
1,500
11,018
14.226

93,127 325,903

99,468

93.883 347,011

997

677

1,141

2,900
1.197
1.238

3.6:!9

4,106
26.809
11,723

500

61235

2.060
1.4S5
561
17.945

16,554

26,522

24,313

41,157

l.S'SI

9.160
4.452

2,559
1,945
4,H97
2,769
1.482
12.3"S
lJ.25i

2.8-57

2,501
4.141
6.384
4.316
1.851
21.387

1,893

Beeetptt. Bhipm'tt

7!V3

674

1.9112

4.395

750
34.048
10.152

483

1.088
2.700

4,030

791
ft »-i
.-,1/8
688

l,i>"5

OSa
736
926
969

23,199

27.266

2.223
23.20

31.982

34.653

36,565

1.095

877

*

IranHferablar Order.-Satarday, V
11-90: Wedneaday, 11-85; Tbursdv

Total,

^.^

Monday, 11-85:

Tuesday'

Friday 12
Short NoUc«a for Nov6mber-''^.u;„rt^y;
H.gg. 'yriday, 11-75.

The
pd.
•05 pd.
92 pd.
•74 pd.
•94 pd.
^RtwI
58 pd.
•3f)

THB

following exchanges

'

^^^

„

to eich. 100 Jan. '
„.,
to exch. 300 No»^ >?,,?>.„
'"' ""''•
'
to erch. 500 J'
.>n. fur Aug.
to exch. .^00

toexch. l.P

tn«r«h
to exch.

J1

Jan. for June.
/OOl'ec.
I'ec. for
lor jun
June.
/UU

_^ j^_

,„^

Y»';,iBLB StrppLT

^^_

Total,

bee^ made dtirirg the week:

38 pd.
-23 pd.
HO pd.
75 pd.
-20 pd.
'75 pd.

100 Jan. for Mar.
200 Not. for Jan.
ti) exch. 100 Doc. for afar.
to exch. 300 Dec for Apr.
to eioh.
to exch.

to exch. lOU Jan. for Pel>.
to oxob. 100 Dec. for Apr.

OP CoTMS, as made up

\>j

cable and

**-«flP*ph, is as follows. The Continental stocks are the fljnii**
«( last Saturday, bat the totals for Great Britaia and the afloat

new
aU

porta

138.794 117,440 367,060

131.450 128.536 284.478

This year's flgures estimated.
The above totals show that the old Interior stocks have inoreased during the week 19,145 bal«s, and ar? to-night 77.998
bales more than at the same per]<-d last year. The receipts at
the same towns have been 12,804 bftles more than the same week
last year.

Bbcbipts from THB Plahtatioib.—The following table to
prepared for the purpose of indicating the actual movement ea ch
week from the plantation*. Receipts at the outports are sometimes misleading. a.s they are made up more largely one year
than another, at the expense of the interior stocks. We re»di
therefore, a safer conclusion through a comparative statement

the Continent are this week's retams, and conseqnentlj
broaglit down to Thursday evening; hence, to make the totals thr
•omplete figures for to-night ^Nov. 25), we add the item of eiport-

In reply to frequent inquiries we wil add
like the following.
that these flguree, of course, do not include overland receipts or
Southern consumption; they are simply a statement of the
weekly movement from the plantatioai of that part of the crop

Ibom the United State!>, inclading

which

•for

in it the export^ of

Fiidar only:

finally reftchee the

market through the oat-porta.

—

—

THE CHRONICLE.

592
BECEIPT6 FROM PLANTATIONS.
Week

Receipts at the Porte.

ending—

.

1879.

1880.

1881.

StoOi of Interior Porte Rec^ptsSrom Ptanl'ne.
1879.

1880.

30,051 01.117 70.812 14.583 25.550
Sept. 9
16 ....
76,033 102.095 93,052 23.690 38,094
V
"
127.729 138,418 110,433 40,774 61,008
23
" 80
102,308 172,821 132,698 52.207 78,735
Oct. 7....... 189,408 190,094 170.810 88.913! 103,086
•'
^81,714 210,367 185,056 81,227 121,893
" 21
i' 14,401
238.311 i84,K)l 95,891 152,765
••
245,813 261,830 203,241 115,735 179,876
28
325,037 251,783 218,685 133,905 304.759
KOT. 4
"
n...... 220.210 215,842 224,420 187.126 227,135
'
218.108 268,618 224,837 218.998 242,326
18
"
240.152 205.112 221,8781261.183 247,911
25

U

1881.

1871'.

42.0S3

35,019! 84,897

1

1880.

1S31.

78,103

69,U5 82,266 115,230 108.194
87,191 144,807 159,328 ;38.499
105,331 173,7381 189,917 150,839
132.973 188,114 223,445 198.419
189,150 19I,028[229,176'221,212

196,095 329,237|2-.7,211 211.467
218,150 2tf5,355|28],7il 225.206
281,938 243,237 2';8,851 253,473
385,408 a73,137 238,218 254,880

806,758 26O,2S0!271,800 246,187
325,90S'291.337 210,777 241,021

The above statement shows
1. That the total receipts from the plantations since Sept. 1 in
1881 were 2,343,881 bales; in 1880 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 wa."
241,021 bales, the balance going to increase the stocks at
Last year the receipts from the plantathe interior ports.
tions for the same week were 210,777 bales and for 1879 they
were 294.387 bales.

Weatheb Repoets by Telegraph.

—Bains are reported in a con-

siderable portion of the South the past week,

and

[Vol..

XXXIIL

and pleasant. Ice formed in thisj vicinity on Thursday night.
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
past week, and the balance of the week has been plea.sant. The
rainfall reached one inch and forty-nine liundredths.
Average
thermometer 59, highe.st 80 and lowest 29.
Augusta, Georgia.— We had heavy general rain on five days
during the early part of the past weeic, 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.
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 rainfall reached one inch and sixty-eight hundredths.
Atlanta, Georgia. It has rained on three days of the past
week, the rainfall reaching one inch and seventy-seven hundredths. The week has been generally unfavorable for farm
operations. The thermometer this morning registered 18. The
thermometer has 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 58, highast 80
and lowest 39.

—

—

—

The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
November 24, 1881, and November 25, 1880.
.A^oc.

killing frost

24, '81. Kov. 25. '80.
lit€h.
Feet. Inch.
1
11
2

Feet.

in almost every State.

New Orleans

Galveston, Texas.—\t has been showery on three days of the
past week, the rainfall reaching twenty-seven hundredths of an

Shreveport
VioksburK

Below high-watermark ..
8
Above low-water mark... 25
Above low-water mark... 13
Above low-water mark.
17
Above low-water mark... 30

Memphis
NashvUle

7

7

9

3

7

8
11

10

3

9

.

Mlasing.

formed this week in five-sixths of the State, and the
inch.
New Orleans reported below high-water mark of 1871 nntil
plant is killed. Average thermometer 51, highest 78, lowest 38
Sept. 9, 1874, when the zero of gauge was changed to high-water
Jndianola, Texas. We have had showers on four days of mark of April 15 and 16, 1874, which is 6-lOths of a foot above
the past week, and the roads are again in bad condition. We 1871. or 16 feet above low-water mark at that point.
have had killing frost on two nights, and ice formed on two
Weather Record foe Octobee. Below we give the rainfall
nights during the week. The thermometer has ranged from 22 and the thermometer record for the month of October and previous months of this year and last year. The figures are from
to 82, averaging 53, and the rainfall reached one inch and four
of the Signal Service Bureau except
points
lee

—

—

hundredths.
Dallas, Texas. It has rained on two days during the past
week, the rainfall reaching one inch. We have had killing
frost on two nights, and ice has formed on two nights of the
week. The thermometer has averaged 47, the highest being 75

—

and the lowest

28.

Brenham, Texas.

the records

May.

NORFOr.K.—
Days ot

rain.

Rainfall, In..

New

Orleans, Louisiana.— It has rained on four days during
the past week, the rainfall reaching two inches and fifteen hun-

The thermometer has averaged 57.
Shreveport, Louisiana.—The weather has been generally
eold and stormy during the past week. The river has risen one
foot and one inch. Navigation is good to Fnlton. The thermometer has ranged from 23 to 78, averaging 45, and the rainfall reached one inch and fifty -six hundredths.
Vicksiurg, 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.
Columbus, Mississippi.— It has rained on three days during the past week, the rainfall reaching two inches and 'thirtyfour hundredths. The thermometer has averaged 55, the highest being 74 and the lowest 33.
Little Rock, Arkansas.— The weather during the past week
h«8 been cloudy on five days, with rain on two days, the rainfall
reaching two inehes and one hundredth. The remainder of the
week has been cold. The thermometer has ranged from 21 to
71, averaging 38.
Nashville, Tennessee.—Telegnm not received.
Mobile, Alabama.—U has rained on four days during the
past week, the rainfall reaching sixty-seven hundredths of an
inch, lee 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. Ice formed in this vicinity on the last two nights.
It 18 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
East week, and the balance of the week has been cloudy. We
ave 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.
dredths.

Madison, J%>nda.— Telegram not received.
^aeon, Georgia.—It has rained on four days during the past
week. We have had a killing frost this week. About three-

quarters of the crop has been marketed
62, highest 74 and lowest 23.

We

Average thermometer

Columbus, Georgia.—
had rain on two day.i during the
early part of the past week, but the latter portion
has been clear

Septenib\.

Days of

Rainfall, In..

Days of

rain.

1-74
7

9-90
10

2-67

407

8

8

8-93 18-40
10
10

9-20
16

4-09

3-50

1-20

7

8-79
18

9

6-77

14

7-25
14

3-07
11

6-49
10

0-54

6-47

8

3-74
14

534

17

10

IS

211

1-81

3-4«

OctoSn-.

2-43
11

3-08

*•.

5-28

S

11

4-80

1-99
11

9-19
10

2-33
8

20
2-77

•

7

5

12

0-48

0-90

1-47

218

4-99

5

4

10

5

7

l;35

2-98

211

1-54

S-48

482

5-10

7-01

1-04

8

12

8

6

17

15

19

8

8

2-.36

530

0-74

5-98

8

4

3-22
10

321

5

2-47
9

3-83

5

4-26
7

5

11

2-97
4

0-83

2-53

230

1-26

r24

9-63: 3-94

3-09

4-65

2-72

8

8

0-91
11

11

11

19

14

ID

12

11

10

8-58
12

3-37 ll-&l! 5-97

0-45
2

3-96
4

5-43
10

6-01

710

2-25

9

2-99
4

2-23

8

3-.W
4

6-73
10

3-00

1-75

5

6

5-35

1-72

5-12

9

rain.

Atlanta.—

7-81
15

1-49

Augusta.—

to 80.

August.

JuJ».

1881. 1880. 1881. 1880. 1881. 1880. 1881. 1880. 1881. 1880. 1S81.|1880.

had rain on three days of the VTILMIN'O'N.—
Rainfall, In.,
past week, the rainfall reaching one inch. We have had killing
Days of rain.
frost on two nights and ice has formed on two nights during CnAHLEST'NRalnfall.in..
the week. The thermometer has averaged 43, ranging from
Days of rain.
30

June.

1

Rainfall.

Rainfall, in..

—We have

at

where they have no station, and at those points they are from
the records kept by our own agents.

116

5-98'

8

93

10

Savannah.—
Rainfall, In..
Days of rain.

COLUMB'8, Ga.
Rainfall, in..
Days of rain.

j

1

5

S

8

100

3-22

1-41

8-71

1-67

1

4

2-97
10

6

4

7

6-30
7

4-47

1-68
4

305

2-.35

1-40

3-15

2-12

6

8

4

7

8-24
i:

2-88
6

300 761

2-25

404

1-89

5

12

e

8-76 11-88
16
16
0-90

Maoon.—
Rainfall. In

.

Days of rain.
Rome, Ga
Rainfall, In..

Days of

rain.

7

5

a

B

2-90

8-61

3-.J2

2-05
4

....

5

4

5

8-96
19

4-68

5-21

18

13

2-87 16-25
17
14

9-10
11

2-68 19-45
16
12

7-41

4-26
5

1-25 10-97

7

13

3-17
14

4-66
11

4-41

4-49

8-72

2-66

15

7

2-R3
18

8

12

7-04
19

3-23

7-,33

9

12

7-48
19

4-81

1-88

6

JACK80NV.—
Rainfall, in..
Days of rain.

2-61

8-

Cedar Keys,
Rainftll, in..
Days of rain.

MONTGOM'KV.
Rainfall, in..
Days of rain.

1-41

7-07: 3-01

Days of
N.

rain.

Days of

8

16

11

11

6-55

2-84

6-43

rain.

3-20

485 503

17

S-18

V
2-77
15

4-99 15-22

10

4-76 11-71

8

15

13

6-97 11-22
15
21

4-21

4-80

4-47

9

18

0-49

1-21

19

10

14

13

20

8-83
13

3-21

0-33

317 10-97

12

»

2-74
18

e

13

«

7

5-90 11-61
IB
7

3-80

2-30

1-30

300

1-90

8

6

4

10

S-20
6

510

5

7-60
11

4-80 11-20
13
6

512

3-22

3-82

377

6-25

6-22

4-82

eo2

4-31

12

9

8

11

7

7

8

14

7

6

4-39

5-99

194

4-89

5-67

9-69

5-75

8

4

2-53
5

12

9

4-69

2-21

617

5-58

1-93

Shreveport.
Rainfall, In..
Days of rain.

8

14
5-92

OULEANS.-

Rainfall, In..

11

11
1-44

Mobile.—
Rainfall, in..

13

5-94 10-23
16
17

12

16

10
8-78

9

FATETTE.Miss
rainfall, in..

Days of

rain.

9

COL'BUS. Miss.
Rainfall, in..
Days of rain.

ViCKSBURO.—
Rainfall, In..

Days of rain.
Little Rock.
Rainfall, In..
Days of rain.

93 4-88

3
8-38
10

"b"

13

8-16

1-12

6-11 10-Sl

17

3

4-51

10
2-24
11

17

8

10

3-3«
12

6

3-23
8

6

13

4

13

8-67

4-13

3-70

395

0-86

509

1-81

8

10

12

6

12

12

6-40
9

539

16

a-22
18

2-80

3-82

4-96
12

214

1-97

303

8

2-83
14

0-89

19

e

12

12

14

3-50

409

2-48
14

5-98
12

3-88 10-20 io-»)
11
20
21

2-SO

20

4-92
14

1-82

8

0-03
4

»sa

13
2-02

306

3-48
9

1-80
11

4-(-3

6-no

r45

8-51

3-42

11

10

11

315

275

3-43

8

0-21
4

0-58

7

2-36
10

5

8

5-09! 4-27

8

NASHVILLE.—
Rainfall, in..
Days of ralB.

13

4-74
11

7-24
11

3-84

2-47

S22

9

17

7

5-20
14

Memphis.—
Rainfall, In..

Days of rain.
GALVE.STON.—
Rainfall, In..

Days of rain.
INDIANOI.A.—
Rainfall, In..
Days of rain.

10

n

z"

U

8-21

5-(M

17

20

20

4-03

7-70

6

6

CORSIUANA.—
Rainfall, In.. 14-33
Days of rain. 14

10

U

1-92

4

.

.

NOTKMOKR
nermonuur.

THE CHRONICLE.

20, 1881.1

Man.

July.

Aygiut.

1880. 1801

Noiiroi.«.Illshmt....

MO

Ix»wi»«t

4V'0

Ar»ng»..

WlLMINOTUN
Hlfhopt

e«o 900
4B0 BHO
871 W'4 740

101-0
88-0
76-8

830

1000

89-0
4B'0
70-0

WO

Lowest
Avsra«e.
CHAIlI.EdT'S—
.

.

HlAlinst...
JrftWOAt
ATvracte...

AnottsTA.—
HlRhMt....

TOO

78-1

g8'«

80-0 101-8
BOO 62-3
73-4 81-7

883

Average...

70-

UI(hMt....
liVWOSt

AT«r«ae...

81-8

030 800 98-0
MO 440 sro
71-8

7i(S

T«H

»4'0
71 -J

460 avo
868 60-6

BflO

««-0

84

ll:iU

850

8<i'0|

80-5

791

830
380

7»-4

010 900 840
600 630 610
774 788 78-0

103-O
67-0
80-6 83-5

•7-0
71-0
8S-4

9TB
•TO

900 1028
800 6I-3

06-0 lOO-l
69-0 661
8S-8 80'B

84-2

81

roi.irHD'a.Uu
Illiibest

Lowest
ATenice
Maco.h.—
niKhest.
l^twest
ATenMce....

.'.

.

RoxB. Oa

81-0

98-B

880
80-7

860 968
670 64-4
80-1

68-4

89-0
ei'O
76-8

720

91 '0

90-0

88-0
00-9

avo
48 8 800

MO
74-0

79-4

480

70-8

6t'0

1000 000 •60 980 910 880 8-lfl 80-0
800 64-0 «ro 640 610 470 480 4(iO
790 81-2 78-5 79-7 76-4 7T0 891 8t>'8 60-8

09-0 1000 101-5
87B BBO 660 830 710
744 787
81-8 847

87-0
70-0
83-1

98-5 98-0 090 90-0 860 810
660 690 670 880 580 440
80-3 81-2 800 78'
72-4 08-7

800 860 100-0 9S-0 1020
04
580 700 710 84
BUO 720 880 840 800

86-0
lO-O
8S-0

96-0

B3-6

Highest
Lowosl

93-0
81-0
81-4

;7-5

98-0
B9'0

Savannab.—
ATonmo

640

88-0
70-8

H2-(l

89-0

6S-0 98-0 91-0 880 860
750 870 890 570 560 470
840 80-0 930 780 770 680

M-0 MO 97-0 980 90-0 060 040 040 940 060 8B-0 88-0
seo 820 620 620 hSOl 680 86
070 660 510 480 37-0
78-tJ
730 80-0 80-0 83-0 78-0 80-0 79C 790 730 TOO 640
910 860 960 920 lOTO 960 1000 910 85-0* 880 BOO 780
52-0 440 81)0 5H(1 600 850 6S0 64-0 560 4B-0 420 S40
77-7 77-2 701 66-8 80-8
7S-2 72-3 78-6 770

Highest
Ix>we«t

ATBni«e

Jaoksomt.—
Highest
Lowest

950 99-0
880 580 860
73-8 73-9 832
86-0

Avenge
Cedak Kiyb
Highest

81-0

Lowest

860 800

ATence
MONTOOM'Rr
Bluest
Lowest
Averace

91-0

93-0
88-0
82-4

T6-B

76-«

860

92-0 lOB-8
490 61-2
78-7 8»0

58-0
78-8

100-5

96-8 940 91
980 860
700 690 820 IH'O 480
812 80-0 78-9 74-8 69

990, 97-0 98-0
70-0 700
70
83-8

83-6

81-6

650

91-0
69-0

94-0
71-0

930 93-0 040 910 890 850
680 700 8V0 640 87-0 490

80-8

83-11 83-6

81-8

80-4

80-7

78-7

75-6

70-8

980 106-9 100-0
83-0 6S-0I 69-0
801 84-2 81-9

96-8
67-7
81-1

07-0

9«-4
58-9
77-8

92-0

98-0
48-7
71-2

870
380

950
830

96-0
BO-21 71-0
83-3! 80-0

96-0
68-1
81-8

960 960 820 89-0 860
700 580 570 510 420

B4-2
74-5
88-8

920 02-0 000 880 840
710 830 830 67-6 82-0

94-0

TOO
80-5

530
78-8

65-6

Mobile.—
940 900

Highest
liOwest

BS-0
7D-3

99-8
64-0
83-0

88-0
58-0
70-8

970 900
716 68-0
830 80-1

04-8
TS-S
84-4

980
630
780

105-0
68-5
88-3

96-0 lOVO
64-0 680
801) 6B-9

101-0
58-0 47-0
76-0 77-7

890 sro 900 900 B.sn
ei-0 86-0 880 «4-') 72
73-8 723 817 78-8 811

92-0 lOO-O
65-0 680
78-3 81-2

BS-S

Average

TOO

80-2

100-,'^'

81-5

79-3

75-2

73-5

68-7

N. Oki.kans.-

Highest

89-6

I,owe«t

OOO
7T0

Avcrnge

02-0
71-0
81-7

81-3

80-l| 78-8

940

92-f
53-t
T2-4

89-0

OSO' 84-0

70-2

88-0

SIIIIKVBPORT.
IllKhost

Lowest
Average
Fatette.MIss
Highpst
I-owest
Aver.ige

090 910
620 !M-0
770 Tail

tOl-8
66-0
88-8

640 480
766 70 8

860
430
64-0

52-0
70-1

Ci^r'nfji, Miss.
ill.

1000

*>st..

...

VlCKSBUBO.Hlk'heat
J.owosl

MO
88-0

Averuge

76-8

J.Jrrr.K

990 770 950 87-0 860
780 93
820 800 51-0
810 830 75-0 74-0

740
890

i...y.-M

Avvnige.

98-0
82-0
7»-2

100-0

87-0

9T0

89-01

63

620

78-5

84-3

90-0
64-0 71-0
80-7 84-0

neo
650

81-8

80-0 04-0 900 1000!
0
44-0 620 590
710 730 780 780 810

94-0 108-0
earo 66-0
7a-o

00-0

80-1

96-0
61-0
77-7

91-0
52-0
71-9

900

80-0

45-0
71-0

430
63-7

ROCK

llifhest

860

lioweet

88-0

Average

NAgnviLLB.—
Highest

74-*( 78-7

060
S30
7T9

910

980 990 960

108-0

890 90-0 94-0] 910, 920 02-0
640 S6Q 7801 88
700 89-0
880 81-B 84-9 881

93-0
78-8
84-8

91-5
BI-0
70-7

Lowest
Average

00-0

97-8
6S-4

400

101-2
60-4
82-6

95-0 108-2
80D •1-9
78-4 831

98-0 880 92-0 81-0
800 420 4S0 39-0 36-0
780 760 63
860 600
95-0

820
79-4

96-2
49-6
75-6

880
43-0

80-0
42-8
86-5

79-0

370
59-9

Mbmpbis.—
Highest

99-0
69-0

Lowest
Average

74-1

100-0

96-0

930 890 890 82-0
48-0 460 540
08B 68-8 60-3

450! 63-0 B90 67-0 630 88-0 500 52
7S'0 81 5 77-0
79-2
70-7 78-7

ber •' comer" to the level of valaea Jnadfled by the
positioa of
cotton un its own merita, eaaaad the nuuket to be vrrr
nuelUad
at the opening of October. Daring the flmt elefen
dara.
although a fair amount of boaioeM wa« done, the tendenor
of
pricej wa» rapidly downward^ owln» to the preware
to aeU
oooMioned by the heavy tenders made againat October deliver,
lea.
An impreaeion bad existed that the operator* interMt<Hl
in the HeDtember sqneeze woald not allow prieea to
run down
much in October, and confidenee in thU belief wa« well maintained daring the first two or three days of the month;
bat
sabseqaently it becain.; apparent that the September operators
were golnir «> unload (as the phrase is) in October. Thta ooeasioned considerable disappointment amongst the "bulla";
especially as monetary affairH suddenly took a very thrmtanlnr
turn: there being apprehensiona of a further advance In the
Bank rate, which has already been raised to 5 per oent. The
consequence was a general rush to sell (notably between the 4th
and nth of the month); and a decline of 6-18d. in the lower,
an«l 5id. in the medium, grades of American on the spot,
7-18d.
for October deliveries, and 3-16d. to 6-16d. for other futures.
ITbe fall freightened the weak holders of Octobers, and they
almost tambled over each other in their efforts to "get out."
very pessimist view was taken of the immediate fature of the
market, owing to the troubles which it was expected would arise
out of the decline which had taken place in prices, and to the
difficulties which it wa.s anticipated would, with dear money,
be experienced in financing. Middling upland on the apot
sank to 6%d., and Ocfuber deliveries were sold freely at S 8-16.,
with a few transactions in "back dates" at G>6d., and it waa
confidently expected that 6d. woald be seen before the cloee of
the month. Meanwhile, business in Manchester was fairly
active, the fall in the price of cotton causing producers tu sell
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
refjult was a decidedly firmer tone on the 12th and 13th, and a
recovery of 5-32d. for Octobers, and 3-32d. to %A. for other
positions. A farther deluge of tenders caused a reaction of
%A. to 3-lGd. between the 13th and 18th, and once more Octobers were selling at 6 3-16d., but the fall was recovered in the
coarse of the subsequent week; the quotations on the 25th
being 6 7-16d. on the spot, 6%d. for Octobers, and 6Jid. to
6Md. for distant cotton. Since then there have been numeroas
slight fluctuations, but very little net change; the final prices
being about the same as those current on the 13th ult., say
6 7-16d. for spot, 6 13-32d. for near futures, and 6 9-16d. to
6 ll-16d. for more distant positions, which may be accepted as
being about the rates which would have been witnessed in September without the influence of any squeeze.
Compared with the rates raliag in the afternoon of the 30th
September, the prices current to-day show a decline of %A. ia
good ordinary, %A. to %d. in low middling, ll-16d. to 13-I6d.

A

middling and good middling American, l-16d. to Hd. in
Brazils and Bast Indian, but an advance of ^d. in brown, and
partially Md. in white, Egyptian.
The following is an account of the principal fluctuations since
end of September in the price of middling upland on the spot
and for forward delivery:
in

Oalteston.Htgfaest

Lowest
Average

77-5

930 910 81-0 870 830
700 860 820 590 52-0
82-6 81-2 78-0 7ri 8V'6

Lvi>iA\-ei.A.—

Highest
liOwest

Average
COJiaiCANA*Highest

9a-2
64-2
77-7

91-0

93-0

981

880 708 620
78-0 850

75-8
84-8

930 9T0
810 54-0

Lowest

Avenwe

78-3

78-6

95-6

104-0

80-0

862

94-0 •S-8 960
89-0 78-1 07-0
88-7 88-0 81-9

98-B 93-0
64-0 83-0
80-4 79-9

88-0
66-3

771

860
46-0
60-3

070 1080 10»0

90-0

64-0 89-0
80-5 85-7

490 BIO

860
410

78-9

63-8

108-0 100-0
83-0 73-0 59-0
82-0 8T0

98-0
74-8J

Oct.

Oct. 1.
" 11.
" 13.
" 18.
" 25.
'•
26.
" 29.

714

Nov. 2.

658

•'

•

IJlB station

lias

been removed to PaleeUne,

Texas, from whloh point
wo shall rocfclve reports shortly.
The following remarks accompany the month's reports for

Ausjimta, ffa.— Month noted for fine clear weather and
general dryness daring first half. No frost during month.
Atlanta, G'a.— Light frost on 4th inst. with temperature low
enough for killing frost; but other circumstances were not fav-

orable and but little damage resulted.
_ Cedar Keys. Fla.—Very dry during the month.
Muntgomery, Ala.—Ho rain fell from the 2d

to the 21st
inclusive, all conditions favorable to cotton crop, however,
Vicksburg,
No frost during the month.
Nanhville, renn.— The first frost of the season occurred on

i/m.—

the 2l8t. and was "killing." The crops generally throughout
the State are now in fine condition, recent rains having made

much improvement.
Memnhi.y, Tenn.—Th«

first frost of the season occurred on
the 20lh, and was severe enough to injure vegetables.
Iruiianola, jTexo*.— Several storms passed over this station
during the month. They did no damage so far as known to
the observer.

Sand
article

m

Cotton.

—In

onr

editorial

columns

on this subject which will interest

all

will be

previous circular.

6>8
69aa

6%

61335

67ig

J'n»iay.U'ne. July.

9Jii«

6»a s?;»» 6>7i,

f4*

6<%

6»i«
6i4,a

6>4
6*32

5.

" 10.

6H
6Tm
6%

0%

67„

A^]May

Oel.- Not.- DecFeb.- Uar
Sov. Dee. Jan. Feb. Uar. Apr.

6»8
Cs
63,6 63l8
61 '3i 6618

6%

2?l«

6>l,e

6^4L

6*Im6H

6% 61S1S 6l»s, 6«« 6173, 6i*n S*9
613j3
6"u 6"m
^"» 681,2 «"is 2*w
6I4
6>4"
6»»2

0',

6i»sa
6173, 6»,g
61333'61S3J
6l7jj
67i« I67,g I6i»ssl6>a

631a*
80s

6»l^ ei'is

OOUBSE OP THE MASCHE3TEB MARKET, OCT. 1 TO HOV. 9.
The month opened tamely, and for a fortnight or so there
were no indications of the reaewed activity which had been
expected to show itself after the disturbance to boaineM occasioned by the September "comer"; and prices gave way Xd. to
^d. per lb. in yarn, and about lJ6d. to 3d. per piece in the carrent makes of shirtings. The fill in prices led to moi-e Inquiry
and brought out many orders previously kept back. Daring
the past three weeks, therefore, a very good bu.sines-s has been
done, the generally quiet appearance of the market notwithstanding, and fully half of the decline just quoted is recovered;
the final rates being only ^d. in the me<lium count* of yam
and partially l>6d. per piece in 7 lb. to 8/< lb. shirtings lower
than the prices current at the end of September. The market
closes firmly, and producers are mostly under contract until the

new

year.

MOVEifENTS nuniNQ THE 8BAa05, OCT. 1 TO OCT. 81.
deliveries to Knglish and Continental spinners during
the first month of the season compare as follows with the
figures for the corresponding period of last season:

The

found an

Or«a( Britain.

our readers.

Kllisoi* & Co.'a Circulae for Notbmbbb.— We have this
No. of bales.
week received Mr. Ellison's circular, dated November 10. and Av.wghtdbs)
Tot.WKht(lbs)
take from it the following review of tlie coarse of tiade
since
lii*

693

OOUBM or TUB UVBKrooL MABMT, OCT. 1 TO »or. 10.
The trMwition from the intUtion oocMioned br the 8«Dl«ni.

1880. 1881. 1880.

63-0 61-0
80-9 TB-O

MO
wo
78-4 78-6

731

U81

1880

_Ofl«l>i<r.

lOSO 10»0 •9-0 •SO •8-0 06-0 m-0 88-0

•10 fWO 965 1000
sno as-0 840 6 1-0

Lowest

ATLANTA.—

OS'O

S^Unib'r.

1S8&81.

Continent.

1881-82.

1830«t.

309.950
434
134,518,300

948,450
437
ioa.«ii.9eo

129.720
441
53,314,930

89T
51,e73.SM

336.000

271,000

133.000

129.000

1881-192.

isaieo

Bales ot 400
lbs

.

I

THE CHUONICLE.

'594
The present

of 400

lbs.

rate of consumption

we estimate

at 70,000 bales

per week for Great Britain, against 66,000 last year,

and at 58,000 bales and 54.000 bales respectively for the Continent. Lawt year's figures are altered, in accordance with corrections mad*' subsequently.
On the basis of the foregoing eiftimates the movements for
the four weeks of this season and last compare as follows, in
bales of the uniform weight of 400 lbs
Continent.

Qreal Britain.

1881-82.

SurpIuB stock, Oct. 1
Deliveries to Ooi. 31

.

.

1880-81

1881-82.

1880-Sl.

25,000
336,000

27,000
271,000

240,000
133,000

112,000
129,000

361,000
280,000

29S,O00
264,000

373,000
232,000

241,000
216,000

25,000
81,000
34,000 141,000
stocks at the mills ire, therefore, about 222,000
bales for all Europe, against 59,000 twelve months ago— showing an excess of 163,000 bales, of which 47,000 bales are in
Great Britain and 116,000 on the Continent. As stated in preyions reports, the Continental surplus stocks include the cotton
held at .sundry small ports and at interior depots not enuSurpl na stock Oct. 31

.

The surplus

in our tables.
deliveries to American spinners in September and October
amounted to about 394,000 bales, against 313,000 last season,
including 139,(i00, against 75,000 bales sent overland. The surplus stock at the mills on September 1 was about 27,000 bales,
against 50,000 a year previously, thus giving a total supply of
421,000 bales, against 363,000, or an increase of 68,000 bales.
The rate of consumption is probably 2,000 bales per week more
than it was last season, say 16,000 bales for the two months.
In this case American spinners hold 52,000 bales more to-day

merated

The

1880.

1881.

1879.

1878.

rot.Oc.31 1,249.906 1,426,796 1,222,135
46,514
Nov.l....
29,104
30,704
" 2....
37,897
8.
27,151
" 3....
33,538
46,140
35,983

"

4....

"
"

5....

40.236
31,603

6....

8.

" 7....
" 8....
" 9....
"10....
" 12....

"13....
" 14....

8.

60,435
36,808
32,690
27,534
34,100

40,619
34,394
26,970
27,748

36,748
35,669
41,244
25,136
56,910
30,309

16....
17....

18....
19....

" 20....
"21....
"22....
" 23....
" 24....
"25....

978,112
27,243
21,848
8.

38.310

30,964
27,896
23,330
34,808
43,978
27,281

30,90-2

29,682
49,349
28,562

8.

40,193
35,842
31,966
26,138
51,779
38,451
8
49,862
41,557
31,535
31,091
61.119
28,335

8.

" 15....
"
"
"
"

41,655
55,664
29,924

46.365
34,304
40,389
33,590
33,169
29,130

"11....

Bupply
Consumption, 4 weeks

fVoL XXlHl.

8.

46,584
32,849
32,278
36,503
43,440
35,631

8.

32,833
33,448
24,002
22,793
35.647
26,421

8.

38,465
39.097
27,553
26,413
61,249
26,574

S.

8.

23.170
36,435
24,481
31,998
38.871
21,900

8.

60,920
35,470

1877.

678,959
31,773
29,165
33,775
8.

44,314
31,771
36,213
22,037
31,522
22,876

1876,

912,128
28,119
35,041
32,687
26,392
8.

44,59»
37.082

8.

35,431
27,963
40.324
27,14»

63,835
26,915
28,463
32,005
28,026
31,603

66,348
29,245
34,892
29,611
32,724

8.

27,890-

S.

8.

48,867
23.008
36,402
23,318
38,742
18,906

28,437
44,893
26,725
31,989

36.810

8.

29,078-

8.

51,462.

2,053,513 2,272,590 2,008,810 1,604,125 1,352,525 1,670,109
Total
Percentage of total
41-36
4016
port rec'Dts NOV.25I
3869
3607
3112

This Statement shows that the receipts since Sept. 1 up t&
than they did twelve months ago.
to-night are now 219,077 bales less than they were to the same
^Mr. Ellison, at the end of his annual cotton report, which
day of the month in 1880 and 44,703 bales more than they were
we published last week, makes the following reference to the to the same day of the month in 1879. We add to the tabl»
book he is about publishing. This is the same book we the percentages of total port receipts which had been received to
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
I2n>u Cotton Movement from all Ports. The figures which
a " History of he Cotton Market " as far back as it is possible
to obtain authentic records; but the daily claims of business are now collected for us, and forwarded by cable each Friday, of
have left me so little spare time that I have been able to make the shipments from Calcutta, Madras, Tuticorin, Carwax, &c.,
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
a history of the market for about one hundred years, say from movement for each week. We first give the Bombay statement
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
BO»B4T KBOBIPTS AND SHIPHErTTS POK COCR TRARS.
contained in the present report. It will e^ive also an account of
Shipments thta wee/e.
Shipments since Jan. 1.
Receipts.
the various political and financial occurrences, whether at home
or abroad, wnich have, from time to time during the century, rear Great ContiQreal
ContiThis
Sinee

—

—

i

influenced the course of the market, together with particulars
of all the great speculative movements which have periodically
enlivened or depressed the trade. To the volume will be
attached a Statistical Appendix, containing particular^ of the
supply, consumption and stocks of cotton for the century; and
for the greater part of the period, say from 1805 to the present
time, there will be tables containing particulars of the weekly
sales, imports, stocks, prices current, fflc, in Liverpool, similar
to the statement given on page 8 of this report.
JcTB Butts, Baqoiso, Etc. There has not been any change
in the market for bagging since our last report, and but little
business is being transacted. The only orders are for Jobbing
wants, and a few hundred rolls have been disposed of. Prices
continue as last quoted, and holders are quoting 9e for 1^ ibs.,
10c. for 2 lbs., and lie, for standard qualities; but the feeling
is easyand in buyers' favor. Butts have not been so active, but
there is a fair amount of stock disposed of, and we hear of
3,000 bales for which a full price was paid. Sellers are very
firm, and we do not hear of any shading being done, and the
market closes with 2J4@2 13-16e. for paper grades and 2%@3c.
for bagging qualities.

—

CrOMPABATiyB PoRT RECEIPTS ASD DAILT CroP MoVEJtENT.—
comparison of the port movement by weeks is not accurate
as the weeks in differoit years do not end on the same day of the

BrU'n.

1881

1880
1879
1878

nent.

Total.

Britain

Total.

nent.

1,000 11,000 12,000 334,000 580,000
3.000 3.000 .-162.000 508,000
'2.066 4.000 6,000 J 5 1. 000 364.000
1,000 2,000 3,000 3.!2,000 398.000

Week.

Jan.

1.

914.000 19,000 1,258.000
870.000 9.000 l,l-,i7,000
018.000 4.000 846.000
720,000 7,000 891,000

According to the foregoing, Bombay appears to show an
increase compared with last year in the week's receipts of 10,000
bales, aaid an increase in shipments of 9,000 bales, and the
shipments since January 1 show an increase of 44,000 bales.
The movement at Calcutta, Madras, Tuticorin, Carwar, &c., for
the same week and years has been as follows.
tAi/OirrTA.

XADBAS, TtrnooaiN, cakwah. ra.sooon and icurbachiie.
Shipments sinee January

Shipments this week.
Tear.

Great
Britain.

1881

Continent.

2.000
5,000

1880
1879
1878

i',6"o'6

Total.

3,000
5.000
2,000
2,000

1,000
2,606
1,000

Oreat
Britain.

Continent.

218.000
213,000

80,000
84,000
111,000
71,000

-,^09,000

142,000

1.

Total

298,00f
297.000
3-20,000

213,000

week show that the movement from
A
the ports other than Bombay is 2,000 bales less than same
week last year. For the whole of India, therefore, the total shipmonth. We have consequently added to our other standing
ments this week and since Jan. 1, 1881, and for the corresponding
tables a daily and monthly statement, that the reader may
weeks and periods of the two previous years, are as follows.
constantly have before him the data for seeing the exact relative
aZFORTS TO EUROPB FROM ALL INDIA.
movement for the years named. The movement each month
1880.
1879.
1881.
inee September 1, 1881. has been as follows:
Shipments
to all Europe
This
Sinee
This
Sinee
ThU
Sinee
—
Tear Beginning atptember

Monthly

1881.

1880.

1879.

1878.

Bepfmb'r

422,057
827,849

458,478
968,318

333,643
888,492

288,848
689,264

95,272
683,687

236,868
675,260

Sotalyear 1,249,906 1,426,796 1,222,135
Pero'tage (>1 tot. port
Koelpta Oct. 31...
24-29
24-43

978,112

678,959

912,128

October..

totals for this

from

1.

JUoeipU.

1877.

The above

1876.

BoBibay
>U1 other p'rts.

21-99

15-62

22-59

Total

week.

Jan.

12,000
3,000

914,000
298,000

1.

15,000 1,212,000

Jan.

Keek.

1.

toeek.

Jan.

1.

I

870.000
297,000

6,000
2,000

618.000
320,000

8,000 1,167,000

8,000

938.000

3.000
5,000

statement affords a very interesting comparison of the
total movement for the week ending Nov. 24, and for the thre«
years up to date, at aU India ports.
ISiis last

—

This gtatament shows that up to Oct. 31 the receipts at the
Alkxaitdeia Rbceipts and Shipments. Through arrangements
porta thia year were 176,890 bales less than in 1880 and we have made with Me.ssre. Davies, Benachi & Co., of Liverpool
2J,771 bales more than at the same time in 1878-79. By adding and Alexandria, we now receive a weekly cable of the movements
to the above totals to Oct. 31 the daily receipts since that time, of cotton at Alexandria,
Egypt. The following are the receipts
we shall be able to reach an exact comparison of the movement and shipments for the past week and for the coi responding week
for the different years.
of the prevlou,s two years.

:

.

KcTSMusn

:

THE CHRONICLE.

20, 1881.J

Altxiiiiitriii, Sgypl,
.Vur. 21.

1831.

RooetptA (nftiitttW*)—
TUIa week

1880.

160.000
935,500

170,000

Blncie Sept.

1.1-Z7..550

1

W

1879.

695
Totmlialee

ToRK—Tn

pnmteamfrii

r
,

f

Bothnia,

'•:

1.351. ...II

200,000

To lltill. p.
To III. Mr. |.,.l .. .MP
To 111II. |...i
ui:
To Aulwnrp, tn<r nlruuirr
I

1.540.000

licrtiii.

-

ainee
Sept.

teeek.

Cxvorta (halM)—
....

8.000
2,659

Total Rtirope.

10,659

Liverpool
ToConUiieiit

TX)

1.

TM*

Since

TKif

Sept.

teeek.

teeek.

1.

Sittee
Sept. 1.

W

N,.,-,,

"-SJ

.",""

-,

',

Ul,095

.

M.S...;.'

-.1,

M

iirrrdel.

jiiii

;

,

URLKA«»-^ro Uverpool. per •i«MMr* AUva. 4.000
Author. 3.000 ...Kapanol. 2,014 ...Oulllermo, 4,000
Jaiuatoao, 4,335. ...Rita, :l,"''-i
r.utoiila, 4,362 ...per
Khlpa Marcla Oreenleaf, 4,'..'
.'...
Ilia, 3.881
To Havre, perihlps, Ben r,on
ClUe A. Keooer,

58,500, 11,000 111,606 19.000 100.608
6,652 40,489
21,023l 4,083 44.572

78,4231 15.083 156,178 25,652

BnUMla,

or

I

.

I

TM*

2,62S

rion,
/

I

3.9H1

...

:

•

To Koiien, perittoamer
.ill
To Hrriiirn, jier teaim
m. 3,304
To 8eba«topol, peratenim r ii, ... 4,8.50.
_
To Vera Cnu, per iteamera atjr of Merlda, 871 .Wbltnejr,
435
Obakleston— To Liverpool,' 'per barkii NeVlieMoody,' 2.260 C^~
I

•

A oantar ta 98

ll)£.

.

week ending
were 170,039 cantara and the shipments to all Borope

This HtAteraent shows that the receipts for the
Not. 2i
were lO.ttSO bales.

llA50ins3TBa Markbt.

—Oar

report received from Manchester

to-night states that there has been a small advance in the price
We give the
of twist.s, and that the market is barely steady.

and leave previoas weeks' prices for

prices of to-day below,

-comparison:

land and 44 Hea laland
l'< ni-mt. '.^.Iii'i Upland and 20
Sea laland... Winona, l,9li0 I'liliunl ami 192 6e* UUmd...
To Cork, for onion, p<ir bark Adki-Iuh, I.HInUpland
To nrcmuu, prr atcuiiinr Standard, 4,221 ITplaml
To GottoulmrK, jicrliuik Brmlniiitt, 1,312 Upland
To Barui'lona, per KtciMicr Bn-nkbam, 6,100 Upland
per
brigs Clotllild, 800 Upliiu'l ...Follx, 603 Upland
Savannah— To LIvcriMxil, jxr fit«ainer MaliariOah, 4,437 Upland
To Bremen, per ateanjer Criimion. 4,:157 Upland
To Aoisterdaiu, per steamer Inibron, 6,4.50 Upland
Florida— To Uvorpool. per Htoaiucr Hcrvhant, 3.758
per
,

OoU'n

82«<;op.

8>4 lb:

Tmitl.

Shirting:

d.

d.

9 » 9^
0i8« "«t

«ep.23

"30

«.

d.

6

Mirl.

Up

d.

B.

7
14
" 21
•'

" 28
Wot. 4
" 11
" 18
" 25

Tub

6

E.TPORTa of Cotton from

compared with

Shirtings.

d.

d.

7'4

93
7"i«
6'«
9'«(» !»% 6 6 98
9 a 9»4 6 6 98
6^16
638
9 » His 6 6 93
93
9>ga 9^ 6
ClS
9i8» 9^8 ti 6 93
(i^n"
9'4al0 6 6 98 Ik 6''i«
oi^aio 6 6 98 l>i •;«in
o^gaioieo 6 ®S l>a liHi

Oct

IVfitt.

da

d.

3iS

8H»».
K.

9 9^8 6
9k » 9Te 6
9>s3 9\ 6
9>4 9 9^8 6
91a

9a8

910>e 6

9^91018 6
910 6
910 6
» O-Tg 6

9>4
9'4
9^1

9«8»10

New York

8

97
7 97
3 97
9 93
9 98
9 98
9 98
7i«®7
9 93

Upldt

d.

71 16
6li,«

8

6ii;

9

6\
6^
6%

as

10»a

Exports or Oottos

(bales)

week show an

Sept.

1,

Week ending—
Exported to—

Liverpool

Nov.

Nnv.

2.

9.

3,336

Other Britlsb porU.

5,li>3

501

Total to Great Britain 3,837 5,198

1881.

2,672

9,037

200:

459

85.727 115.200
2,809
4,090

2.872

9,496

88,536 119,290

593

904

575

12,720

14,510

Total Prkkch

2,372

598

904

373

12,720

14,510

firemen and Hanover

1,023

915

300
200

1,142

100

630
358
349

10,203
9,707
1,039

14,101
9,916
2,339

1,523,

1,212

1,337

919

Total TO North. Europe

"34

21,549

26,356

Spwln. Op'rto. Glbi-»lt'r,&c
All other

200

637

460
951

Total

200

537

1,411

Si-air,

Ac

.

Okasi) Totai

7.932

7.038

5,313 11,020 123,342 161.567

Thb Pollowinq abb thb Rbcbipn of Cotton

New

York,
Boston, Philadelphia and Baltimore for the past week, and
since September 1, 1881:
at

Reeeipis

from—

Boston.

PhUadtlphia.

The

particulars of the.se shipmsnts. arranged in oar osual
Bre-

LiverHull. Havre,

poot.

7,534

i',949

12,973

2.457 15,556

3,163

22,663

i',492

8,994
7,459
36,543
52
5,241

3,7,11

23.510

Vliytnla..

7,977

65,0tj0

i',87i

39
5,393

1,602
19,876

6,214
6,391

40

934

North,

pu

Tenn..io.
*'arel({u

.

::::::

20,786
45,035
30,732

i",i99 10',83i

1,193
5,992

"562

TbUjoar. 47,435 403.726 16.423 109,529 3,656 26,331 12,402

80,952

t^atyear. 37,840 389,333!ll,735

88,647

88,573

1,789 19.340 11,630

SHiPPisn Nbw8.—The exports of cotton from the Pnited
States the past week, as per latest mail returns, have reached
134,128 bales. 80 far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
the Chronicle last Friday. With regard to New York, we
include the manifesto of all vessels cleared up tQ 'Wednesday
Right of this week

3,304
4.221
4,357 3,450

Vera

Orm.

6,563

1,665

7.660

5

1,2+5
2,173

2,000

459

ToUl... 73.637

5,430

8,109 15,807

6.563

1,998 124,128

Included In the above totals are, from New York to Antwerp. 3t boles
from New Orleans to Rouen, 2,2 II bales, and to Sebastopol, 4,830 bales;
fiom Charleston to Cork, for orders, 1,810 bales, and to Gettenborg,
1,312 bales.

Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, etc.
FiFxr-NiNE, steamer (Br.), from Galveston, which arrived at Liverpool
Nov. 12, took ore while dlscharRlng on the 17tb, and partially
damaged hor cargo.
Nettlev Abbkt, steamer

from Now Orleans, while dooklng at
with steamship Bellini, also from Hew
were slightly dauiaged.
Bamlmrougli,
from Savaiinah vli Queenstown, for
(Br.),
Nio, steamer
Reval, before reported as having been aground at Malmo, but
arrived at Reval prior to Nov. 15.
undamaged,
apparently
came off
Havre, Nov.

Orleans.

(Br.),

17, collided

Both

steiiiiiers

Ootton freights the past week have been as follows:

Liverpool, steam d.

Do

Satur.

Hon.

Tues.

BjaaH

»5«»^

l>8-i»'*

Do

e.

saU

Do

....

....

'u*

»!••

»!••

....

%»»1S

—

»»*'l«

%»'l«

'is

'»•

'l«

T|.

K
!

1

H«Tv.
....

»i«
....

....

....

....

....

•i«

•J.

•|«

•le

•m

....

....

....

....

....

H

H

H

%

saU...<(.

sail...'.

steam
aaU

—
....

....

e.

*w.

»a»'4
»!••

•ea'is

Amst'd'm, Bteam.c.

Do

Sm*"*

....

e.

.e.

Wednes. ntsrt.

»i«'

sall...d.

Havre, steam
Do saU
Bremen, steam,

*

NCar-lina

Baree-

Ants-

men. tcrdam. lona.
915

1,2

Wilmington
Norfolk....
Baltimore..
Boston
Philadolp'a

d.

....

e.

—

%

—

....

Compressed.

"

.

575

459

9,037
N. Orleans. 33,193
OUarlestoQ.
6,827
Savannah..
4,137
Florida ....
3,900
Texas
3,163

Do

. .

2,000
124,128

NewYork..

Baltic,

tf. Orl'iuis

.

090
1,0C5

form, are as follows:

Balltmore.

This
Since
ThU Sinu This Since This Since
veek. Sept. 1. teeek. Sept. 1. teeek. Sept.l. teeek. Sept. 1.

6,85 it 89,441
Texas
4.367 42,384
flavannab 10,127 93,014
Mobile
'333
Florida
2'466
8.Car'lliia 8,575 (10,4:19

3,163
1,200

9

_

Hamburg, steam.!!.
Nete York.

t

e,3«3
4.437
4.3S7
8,460

Victoria,

LordQough, 1,500
Total

period

preti'uSept. 1.
year.

2,572

Haiubiir>;

6.837

1310
4.9n
IJtS

PiiiLADEU-iUA— To Liverpool, per ateamers iDdUna, 500

Same
Total
since

Havre
Other French ports.

Other ports

1,30«

3.173

last

from new Iobk sisce

4;sM

7.000
1.349

1.953

6^

61',,

last

bale,""

Coudor, 3,19.5

Baltimore— To Liverpool, per 8t<!amer t;a«plan, 1,245
To Bremen, per steamer Hermann, (additional) 5
B08TON—T0 Liverpool, per steamers Samaria, 218

f.H
6'ie

week, the total reaching 11,020
week. Below we give our nsnal
table showing the exports of cotton from New York, and their
direction, for each of the last four weeks; also the total exports
and direction since September 1, 18S1, and in the last colnmn
the total for the same period of the previoas year:
increase,

bales, against 5,313

To Vera Cmz, per steamer Whitney, 690
Wilminoton—To Bremen, jier bark Annie Maud, 1 ,666
Norfolk—To Liverpool, per
4,465
per tark

d.

9

7>«97 9

this

a;['

,

.

d.

Mid

7,5*4
3.341

Lord

Liverpool, per barkii Aagust Leffler, 1,827
Oolllnj;wood, 1,336
To Bremen, per bark Ceres, 1.200

Ootfn

32* Oop.

33,tM

3,900

14:i

.

Texas— To

1880.

1881.

«s

—

By cable from Liverpool, we have the following
statement, of the week's sales, stocks, 4c., at that port:
LiVBRPoou

jrae.4.

—

77.000
6,800
8.700
60.000

Actual exiwrt
ForwardtMl
Tetal stock— KstI in ated
Of which American— Estuu'd
Total import of the week

8,700
14,000
509,000
399.000
61.000
40.500
303.000
161.000

Bales of the

week

bales.

Of which exporters took
Of which spuoiilatora took..
6alea American...

Of which AmerloaD.

Amount

attoat..... ...........>

or wlUch American

Xm.

II.

Sot. 18.

Xo*. 23.

^

The tone of the Uverpool market for spou aod tutuxee eMkdar of
week ending Nov 25, and the daUy oloaUkf prloee of spot MtMV* ••»%
been as tuUava.l

:

THE CHRONICLE.

a 596
Saturday Monday. Tuesday.

Wednet. Thitrsd'y.

Friday.

lipot.

Market,
12:30 r.M

)

Fair bus.
at previ-

fr'ction'ly

easier.

lowe-.

j

lUd.Orl'us
BtHen

8pec.& exp.

Dull

&

Baaler

Shade

Firm.

ous prices.
6=8
Mia. Upl'ds

6B8

688

6i%

6%

6%

Dull.

6I9

6>4
658

8,000

8.000
1,000

6%
10,000
1.000

14,000
2,000

10,000
2,000

and
easier.

10,000
l,000

l,i)00

Futures.

Market, ?
12:30 P.M. 5

Market,
3 p. M.

}

Quiet

Weak.

Quiet

but

Steadier.

(

\^1

but

Flat.

steady.

steady.

steady.

Quiet

In buyers
favor.

Steady.

Steadier.

Firm.

1)ut

steady.

The actual sales of futures at Liverpool for the same week are giren
beluw. These sales are on the basis of Uplands, Low Middling olauso,
unlets otherwise stated.
Saturday.

^'

Delivery.

d.

Delivery.

Kov

Apr.-May
May-June

6^8

JaiL-Fcb
Feb.-Mar

d.

June July ..6l3i8®3o32
Dec-Jan
69,8

O^s,,

®ll,5®2l32

6i58®''':>2

Dec.-J.in

Delivery.

d.

Mar.-Apr

69l6
69,6

Nov.-Dee

623,2

Jan.-Feb
Feb.-Mar

62S32® %

6i''32

e^e

62132

Monday.

6233.5® % Feb.-Mar
658®'832 Apr.-May
HOV.-DCO
&<'%
May-Juno. .61:ii6®2532 Mar.-Ai>r
Dec. Jan
61932 Apr.-May
Jan.-Feb...-6iiie®2i32 Dec-Jan
658
Juno July
Feb.-Mar.. -62332®iii« Jan.-Feb

Mar.-Apr

62I32
6II18
62332
6i3i8

62332

Tuesday.
61732
G9i8
619^2
6=8

Nov. -Dec
Deo. Jan
Jan.- Feb

Feb. Mar

Mar.-Apr
Apr.-May

May-Juno

1

62I32
611,9
62332

I

|

June-July

6%

M.ir.-Apr

fiiiie

Apr.-May

6233,

I

Wednesday.
..6iii8®2i32
61733I Apr.-May.
ei'ss^'al May-June. .. 623.,g a 1 1 „
61732 Jime-Jnly
62532®^
GJn
Nov. -Doc
C9i6
658®i932 Dec-Jan
Gifi
62132a i^ Jan.-Feb
61732

Nov.
Nov. -Dec

I

,

Dec. Jan

I

Jan.-Feb

I

Feb -Mar
Mai Apr

I

I

Feb.-Mar

69,8

June-July.. e^SgoSiijg

Nov

-'.61532

Nov. -Dec
Mar.-Apr
April-May

6i»io
61932
Qn^

6I532
6i"32

Nov

Jan.-Feb

Feb.-Mar
6>a®i532 Mar.-Apr
Fkiday.
6IB32 Anr.-May
61532S7,|, May -Juno
61632 Feb.-Mar

Nov. -Deo
Dec. -Jan

61733
69,8
6iSj2

i

Nov.
Nov. Dec
Dec- .I.-in
Fob." Mar

Mar. April

«»732
61932

May-June

e^a
62 133
69,8
61I13

62I32® 53
Apr.-May
May-June ..61116*2132
June-July 6 1 le® 2332
. .

1

June-July

Nov
Nov.-Dec

62.333

6is
6ii'32®i2

tm

Dec-Jan

BREADSTUFFS.
nsual in a holiday week, there has not been much disposition to
do business among the trade, while shippers have found little
encouragement to extend their operations. Buyers seem to
think that the condition and prospects of the money market

them the control of the market, at least until after
the holidays, and they are therefore in no hurry to fill orders
that can wait
The production is large, but the high prices
ci " vegetables" no doubt causes some increase in consump-

will give

tion.
Eye Hour has been dull, and corn meal has declined.
To-day the market was dull, but closed about steady.
The wheat market has been very unsettled. The export and
milling demand has been small, and the financial diflieulties
in
the way of carrying stocks in store have caused some pressure

with receipts very small at all points and stocks
not accumulating, the decline has been quite moderate. The
circular of Messrs. C. A. King & Co., Toledo, estimates the supply of wheat for the United States for the fiscal year, which
began on the 1st of July last, as follows:
U. S. Agricultural Bureau, November estimate present
cron
398,000,000 bushels; surplus of crop of 1880 on Pacific slope
30
bushels;
total
000,000
supply, 428,000,000 bushels. The extent
of the demand is given thus: United States annual consumotion, 260,000,000 bushels;: July 1 to Nov. 1, 86,666,666
bushebseed requirements next crop, 36,000,000 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
lareer
than on July 1, 5,000,000 bushels; amount disposed of
from
July 1, 1881, to November 1, 196,333,666 bushels; amount remaining 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 173,333,334 bushels, on the basis of 5
bushels
per capita for the entire year, it would leave 58,336,000
bushels
surplus for export during the eight months from Nov 1
1881
'
to July 1, 1882.
sell.

The following are

closing quotations:

Flour.

Grain.

No. 2 spring...^ bbl. $S 2.'ja
No. 2 winter
4 00 5)
4 S.'* a
Winter superfine
4 503'
Spring Buperline
BpriuK wheat extras.. 5 2.i3
5 7a »
do
and XXX.
Wis. & Mitn. rye mix. 6 2.) a
Winter slupp'g extras. 5 50»
6 00®
do
and XXX. .
Patents
6 50®
City shipplne extras. 7 00 a
Southern, balcers' and
6 40®
family biands
South'n si ip'g extras,
75 a
Rye flour, superllne.. 5 003i

XX

4 15
4 40
5 25
5 00
5 60
6 11
6 50
5 85
7 0(1

.

XX

Com meal—

Westoni, &c
Branrtyvfine. *o....
flour, 100 lbs.

Buckw't

The

3
3
3

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^ for December, 1
f 43M for January and f 1 46
tor February.

White

1

Com— West, mixed.
West. No. 2
Western yellow..
Western white...

Rye
Oats— Mixed
White
BarleyCanada No 1
Canada bright...

7 25
6 25
5 35

30
63
67
69 ® 72
70 ® 73
93 ®1 03
45 in 49
50 ® 51

1 12
1 15

30S 3 70
State, 4-rowed...
State, 2-rowed...
709 3 80
803 4 00 Buckwheat

1

33

®137
®113
®1 40^3
®141
® 68
« 67%

00
88
04

®1
al

15
17

8

05
00
06

1

®
®

closing of the Erie Canal for the season is oflicially

week ending Nov.

19, 1881:

Wheal,

Corn,
bttsh.

bu.s-h.

bb'.s.

Al-

(196 Ibe.) (60 lbs.)
Ohlcago
33,217 172.950
..
Milwauioe... .. 57,926 161.55.3
Toledo
..
1,392
64,645
Detroit
..
9,960
81,937
Cleveland
..
2.295
2,100
30,790
at. Louis
..
93.633
..
1.389
Peoria
7.225
Dnluth
..
24,500 145,893

(56

lbs.)

928,827
12.9.JO

84.127
23,416
38.300
160,245
219,100

Oats,
Barley, iZye,
bush.
bush.
bush.
(32 lbs.) UHlbs.) (56 lbs.

234,631 195,535
24.550 83.216
25,622 36,004
26,267 10.357
37,350 33.200
70,148 101,783
83,450 15,400

16.580
9,716

486
284
1,100
10,718
10,800

-.161.469

737,916 1.466.905 502.868 473.995 49.684
222,092 2,330,240 1,855,743 607,577 357,856 74,969
Total receipts at same ports from Dec- 27 to Nov. 19, incln*
sive, for four years :
1881.
1879.
1880.
1878.
bbls.
Flour
8,019,144
5,959,536
6,114,718
5,100.934
Total..

Same time

'80.

Wheat

bush.

80410.979

50,989,942
123.029,468
37,891,492
9,141,154
3,331,552

77,121,738
141,593,914
36,213,178
8,361,705
3,503,713

91,524,974
93,901,179
8,911,012
4,465,553

87,273,958
28.611,712
9,135.372
4,646,166

Total/frahi .... 221,363,608

E18
266.791,218

232,575,150

210,108.187

Com

OaU..,
Barley

Rye

28,769,4.32

Comparative receipts (crop movement) at same ports from
August 1 to Nov. 19, inclusive for four years:
Flour

Wheat

1881

1880

1879

bbls.

2,901,293

2,690,174

2,403,082

2,104.3£3

bush.

21,546.519
62,126,351
12,137,878
5,149,368
2,332,165

44,172,014
50,911,666
18,185,766
5,755,969
2,111,359

41,811.774
49,055,923
5,398,113
2,036,390

46,403,990
34,709.896
14,980.621
6,201„521
586,857

93,592.782

121,136,771

115.910,389

102,945,795

Corn
Oats
Barley

Rye
Total Kraln....

1878

17,.578,189

Comparative shipments of flour and grain from the same
ports from Dec. 27 to Nov. 19, inclusive, for four years:
FJour
Wlieat

Com

bbls.

bush.

fats
Barley

Rye
Total jfraln

....

1881.
7,912.330

1880.
4,963,094

1879.
6,677.920

1878.
5.372,747

46,935,210
101,093,311
31,800,819
4,036,919
2,119,348

67,009,920
122,970,769
29,272,106
3,749,333
2,853,749

76,037,375
81,092,324
20,435,307
5.068,392
3,910,953

65.468,085
76,997.085
20,546.774
4,824,534
3,648,178

138,135,607

225,355,927

186,544,332

171,184,656

RaU shipments from Western

lake and river ports for the

weeks ended

The exports from the United

States for the current fiscal
year, according to these estimates, will therefore be only
about
109,000,000 bushels, or 75,000,000 bushels less than in the
pre-

®1

Spring
$1 22
Spring.Na. 2
135
Ked winter
1 30
Red winter. No. 2 1 10

8 50
7 25

Still,

'

Wheat-

announced for December 4 next, but the severe weather of the
past few days will probably bring its navigation practically to
an end this week.
{From the " New Tork Product Bxehanae Weekly.")
Receipts of flour and grain at Western lake and river ports
Flour,

As

XXXtit

Indian corn has remained comparatively steady on the spot,
but early in the week the prices for future delivery were
slightly lower. The cheek upon exports which the recent high
imposed and the monetary pressure have
prices have
encouraged the bears to make repeated attacks upon values.
The warm, murky weather which prevailed till within a day or
two damaged much com in store, and gave strength to values
of strictly sound quality. To-day there was a firmer market
the regular demand proving very fair; No. 2 mixed, 69?4@70c.
for July and 70J4@71c. for February,
Rye has been quiet, and prices were not fully sustained.
Barley has ruled about steady at the advance noted in our
last, but the close is dull, buyers holding off.
Buckwheat is
scarce and dearer. Oats have been in fair demand, and speculative complications have forced an advance in mixed grades,
the market having apparently been oversold. To-day there
was an advance, with hints at a " comer"; No. 2 graded 51?6c.
for white, and 48?6@49c. for mixedand for future delivery; No.
2 mixed, 49;!^^49Mc. for January.

for the

Feidat. p. M., November 25, 1881.
flour market has been quite dull, and pnces have ruled

in favor of buyers, especially for the extremes of ^rade.s.

to

[Vol.

."i

Thursday.

The

.

Week

3 879
Week

Nov. 20.
177,238

Nov. 22.
138,244

Nov. 23.
120,341

1881.
Flour

Wheat
Cora
Oats
Barley

Rye
Total

bWs.
bush.

1878,

Meek
Nov. 10.
106,920

1880.

Week

352,910

479,631

1.120,841

1,073.144

327,048
150,371
56,982

529,898
129,554
74.628

166,337
153,423
148,479
69,267
57,423

231,067
76,538
217,892
83,689
24,975

2,008,138

2,287,205

501,979

089,159.

:

:^NovBMBKn

THE CHRONICLE.

20, 1881]

Kail and lake ahipmenU from same porta for last four weeks:
Ooni,
Barley,
Whfitl,
OaU.
Flour,
Werk

eiutintt —

bitxft.

Mitt.

Nov. ii)...ll.'i.H:i;t
Nov. li...I72.<i-ll
Nov. ft...l!)0,ftil7

160.371

5)l.00'2

464.531

ino.tfil

6d,03t
82. 104
74.2S8

ti'.'o.iind

2,180.0(12

061.1.^:1

190,070

2.755,7X5

512,424

l(!4.0i»

Tot.,4w|[8.71«.10^

2.8l(l.:;07

001,12.% 291.085

8 ,031,501 1.943.524
0,035.710 11 .253.712 3.168.910

4 wk«'80. .890.231:
Ketieipta of Hour and
ended Nov. 19:
Flour,
hhlt.

Now York

huMh,

1,583.470
3.I4G.241

757.710

608.741 420,835

at seaboard ports for the

g^rain

Wheal,

Com,

hiuh.

bush.

brown, bleached and oolored eottons, eotton flaniMUi, A«., in «zeontion of orders previously placed by jobbers, eonverters

biUk.
40.^.416

01!)..^ 17
8iH..'>:ii

'J3.. .1209.091

Oct.

Inuh.

Barley,
Inuk.

Oalt,

buth.

597

week

exporters, but

new

and moderate with jobbers.

light with the

of the most popnlar

makes

and the

and

package honsea

Brown sheetings and

largely sold ahead to exporters

still

ara

drills

trade, as are

many

of bleached goodn, wide sheetings,

cotton flannels, colored cottons, camlet jeans, &c., and graia
bags, cotton warps,

bunk.

wu

bu.iine;^

yams and

twines are severally in meagra

supply. Under these circumstances prices are exceedingly flrm,

126,589

166,492 313,130 90.900
64,932 31,641
1,300
2,750
60.767 34,305
3,808
107.1(0 93,400
110
20.000
3,000
15,497

week... 206.070 1.123.123 1,800,1.38
Oor. week '80.. 302.595 3,181,982 2.212 954

427,538 472,450 99,214
52J,219 531,373 232,1'13

4 1-16C. for 64x84 "futures" and 8^c. for 68x60:1, with rather

701.900 1,304.675
63,339 253.714
8,100

i:(2.228

Boston

0:).S(15

FortliuKl
fhlliuli'lpliiik ...

8.117
22,990

Bttltliiiom

2ti,;9i

Moiitrcitl

New

.12.789

450

25,200
212.100

100.800
6.i..500

9.177

Oikaus...

Totrtl

Total receipts at same ports from Deo. 27 to Nov. 19, inclufour years

sive, for

1880.
9,728,110

1879.
9,039.392

1878.
8,048,010

119.687,079
130.711.673
21,017,301
4.531.281
2,551, 1S8

136,792.011
97.351.931
20.225,911
4,W49.731
4,311,333

99,003.794
97.662.401
22.394,106

IS81.

Flour

Jtbls.

11.439.031

Wheat

bugk.

84.038.210
90.682.121

a>rn

23,089,77(3

Oats
Barley

4.230.121
1.769,039

Bye

and orders for goods

from the mills are

to arrive

taken "at value" only.

Print [cloths have

most

in

mled

ca.iea

qniet, bnt

prices remain steady at 4c., plus 1 per cent, for C4x61 "spots,"

Prints were dull,

freer offerings at these figures.

and there

was only a limited demand for ginghams and cotton drem
goods, bnt prices remain unchanged and stocks are in

shape as a

good

rnle.

Domestic Wooles Goods.— The businetis of the week has been

5.5117.639

4,702,710

279,101.890 263,533.999 229,330,077
Exports from United States seaboard ports and from Montreal
for week ending Nov. 19, 1881
Bye,
real,
Com,
Oats,
Flour,
Wheat,
Totaljtraln.... 212,135.367

chiefly confined to

making deliveries of light-weight cassimere

suitings and worsted coatings to the clothing trade on account
of back orders.

Heavy clothing woolens were generally quiet In

agents' hands, but stocks have been reduced to a very low ebb,

Cloakings were sluggish,
from a few specialties in mohair plush, and fancy effects,
Portland
in which there was a fair busines.4. Kentucky jeans were
221,412
152.625
75102,030
Moutrcal14.813
74.867
devoid of animation in both first and second hands, but values
Pliiladelphla.
4.084
200
119,807
Baltlmoro
7,564 ., 173,548
are well maintained, especially on the best doeskin makes.
89,455
103
New Oilcans..
Satinets were irregular in demand, and upon the whole slog9(13.282 103.330 61.032 223.012
924,218
Total for w'k 105,303
8»rae time '80. 160,700 2,261,251 1,510,149 88,016 113,973 100,052 gish. Flannels and blankets were taken in small lots only, and
such was the case with shawls, felt skirts, worsted dres.? goods
'And 1,607 bushels barley tor Liverpool.
and carpets. Shirts and drawers continued to move freely on
granary
The visible supply of grain, comprising the stocks in
account of old orders, and goods of this class are unusually
seaboard
and
accumulation
at
lake
at the principal points of
ports, and in transit by rail and water, Nov. 19, 1881, was as scarce.
follows:
FoRMON Dry Goods.-The demand for imported goods was
Eye.
Barley,
Oals,
Oom,
Wheat,
bush. light at first hands, and the jobbing trade was by no means
buah.
bttsh.
bush.
b».«A.
Tn store at—
Fi-om—

bugh.

bbl».

New York

452.088
60,490

60.635
12,10&

Bosum

bush.
538.9(52

bush.
2,753

121,983

372

and

bu»h.

bush.

64.032

1,570

prices are therefore steady.

aside

.

New York

Do. aUoat

5,942.531 6,173.219 1,311.901
1,150.000 2.300,000 270,000
- 36,000
11.000
12.800
571.131
11,171
416.629
.^
M 3,776,203 5,917,437 315,878
938
419.370
5,039
...

(eat.)

Albany
BuffiUo

Chioafo

Milwaukee

339,025
983,961
660.204
100,000

Dulutli

Toledo
Detroit

Oswego
8t.

Lonis

Boston (I2tli). ...
Toronto
Montreal (l5tU)..

1,103.925
42.699

206.380
303,925
522.536

FUiladelpbIa
Peoria
Indianapolis
Kansas City
Baltimore

386,300
427,704
2,189.235

Down Hiss'pi
On rail
On lake
On oaual

767,396
290,600
530,000

8,911

75,182
7.65S

71,221
32,903

180,000
1,278.385
293,666

231,161
129,201

57,803
826,458
123.337
242,300
91,425
778,901
114,198
1.712,276
313,000
894,000

8i;947
70.000
92,2N3
67.3C0
48,437

69.352
320.000
233.00i)

183,102

302 ,533
153,553

48,464
501
600.000
51.211
3,337
295.919
19,119

"i35

9S,433
21.000
78.000
13,059
363.2yO
87,377
14,371

20.000
112,244

ties,

and fancy holiday goods met with

and thr(jUgh the medium of the auction rooms.
Importations of Dry Moods,
The importations ot dry goods at this port for the week
ending Nov. 24, 1881 and since January 1, and the same facts
for the correapoading periods of 1880, are as follows:

3,2(>5

10,391
29,303
176.816
14,400
10,733

sE

33.d'74

154,771

58,562

579,000

139,000

415,218
78,000

Silk plushes were, however, distributed in fair qnantiliberal sale^, privately

active.

fW MM

tO-O

lOM

Feidat, p. M., November 23, 1881.

^ !£ >u 10 3a

ooro

OOD

UjtO

KJCS

S2

M#.OiMM

ness in dry goods, both sales and deliveries on account of back

and mostly

at first hands

OoV-CTOBii^'

by the Thanks-

was only moderate,

restricted to such small parcels of seasonable

as are necessary for the renewal of assortments.

V

a

lOCiO — 3D

K»M

There was daring the past week a comparatively light busi-

demand

H

0"W — MCO
V-t-s«t^M

THE DRY GOODS TRADE.

giving holidays. The

erg

O-i*-

-100

orders having been interrupted to some extent

:

g;

e.
B:

Tot. Nov. 19, '81. 20,614.38o 22.407,097 3,271,731 2.914,319 1,256,246
21,057.837 24,372.782 3.659.796 S.931.097 l,342,.i0l
Nov. 12, '81
'21.133.954 24.953.991 4.170.585 2.7S7.801 1,372.019
Nov. .5, '81
21,252,578 26,449,095 4.335,709 2,n50.37.'5 1,256,184
Oct. 29, '81
20.857,536 27.970,471 4,653.273 2.523.603 1,210,865
Oct. 22, '81
853,117
21,190,673 17,935,815 4,296,074 3,621,098
Nov. 20, '80

|;

03 IC to 03

A

•-•aMWi^

«M

goods
was
C50

There was,

I

I

^u— •-la

•OWMi-W

:j'

M o :a 30

15 it

X -14

*..f-»t-a»

however, on the part of large jobbers, some disposition to place
orders for certain spring
in this connection there

fabrics

were some

for

co*jttou>:D

fatore delivery; and

See.

The jobbing

a>t3

trade was quiet in nearly all

Stocks of domestic and foreign goods are remarkably

well in hand,

and

prices are firmly maiut«ined

on

all

(go

o
u

^^o

MS — -i»
>>
I

Domestic Cottos Goods.—There was a fair movement

in

oi -1 * a t
3/1.: 9
Oxb*:JS
li -1 » X 3
qo— JD-' ^

otto
I

such fabrics

as govern the market.

8W M-

""-•

CdiO

departments, holiday goods alone having been fairly active in

demand.

<.-aoa»

-4»

goods, piques, dress buntings, cottonades, book-fold ginghams,
seersuckers.

3D

iiiib*- —

fair transactions in white

»»

-I

- » 2 -^

*1»

^'•'^xb
uB ^ v
^
*j;

-l.X31»,5.
>
«-.-4.X
-I r is f »
f

a*

;

THE CHRONICLE.

r698

Financial.

Financial.

W. W.

Financial.

Gwynne & Day,

Holt,

BANKERS,

and Attorney.

Solicitor

&

Taintor

Farmer,

MO>ROE, LOUISIANA.
Counselor,

[Vol. XXXIII.

Practices in the District, Circuit and Supreme
Courts of the United States and of tlie State. In
and deall classes of cases, lias no otlier business,
votes his personal attention and all his time excluMonroe.
»irf!i/to h's profession. Kcfers to Bank of

Transact s Keaeral banking and brokerage bnaU
ncss in Railway Shares and Bonds and Govemmeiit

STREET, NEW YORK.
TRANSACT a GBNBKAL BANKING business.

No. 10 WAIiI<

DEPOSITS

INTEREST

received and

securities.

allewed on

balauoes.

&

A. H. Brown

Co.,

BANKERS AND BK0KER8,
Wall St., Cor. New, New Iferll.
INVESTMENT SECURITIES.

T

bonds.
Private telegraph wires to Providence and Boston

GEO H. HOLT
"

TAINTOR.

&

Schmidt,
Olliffe
BROADWAY & No. 13 NEW ST.,
BROKERS FOR THE PURCHASE AND
SALE OF RAILROAD SECURITIES.

WALL CORNELIUS W. OLLIFFE,
Member of NEDMUND P. SCHMIDT,

Cor.

and

Member

Henry Day,
William Lcmmis,
Members of New York Stock Exchantre.

&

Co.,
Glazier, Kohn
BANKERS AND BROKERS,
6fi BROADWAY AND 19 NEW STREET,
NEW YORK.
STOCKS AND BONDS BOUGHT AND SOLD ON
COMMISSION.

Member of

(LIMITED.-)

STREET, NEW YORK.
This Exchange FOB DEALINGS in Securities
not listed on the N. Y. Stock Exchange, Mortgages,
and other properties. 18 NOW OPEN FOR THE
RECEPTION OK THE FIRST ONE HUNDRED
Those wishing to Join

JOHN

L.

GRANT

EBVE8T GROKXRKrK,
Members N.

V.

No. 80

Ex.

M. ZIMMERMA.V.

74

^
J.

ST.,

Sell on Commission, for cash or on maraU Securities dealt In at the New York Stock
Exchange. Interest allowed on daily balances.
Particular attention paid to orders by mail or tele-

DEALER

Member

of the

BATEMAN &

CO.,

IN

WASHINGTON,

D.

C

Securities bought and sold on commission for cash
or on raiirKin.
Advances made on approved collateral at the
riito.

Purchase and

and

sell

An

assortment

of

Correspondence

W.

A.
98

&

Beasley

Co.,

R. A. Lancaster

&

Co.,

BROADWAY, NfiW YOKK,

<t

FOUElailf

Chas. K. Randall,

Member N.

C

James Kitchen,

all

50 EXCHANGE PLACE,
Bi-okcrs in Railroad Stoclis and Bonds,

GOVERNilENTS

Y. stock Exchange.

E. Jackson
miDDlKTOWN,

Buy and aoU Government,

COMMISSION BROKER IN UNCURRENT
INVESTMENTS,

70
P. O.

BOX

STOCKS

W.

Co.,
and

gA'lxiM Bcnda and Stocks. Investments for SavIrgs Banks a 8i eclalty.
Correspondence solicited.

SALES

and

Crcoer Oaklet

maynard

Kyre.

C.

Joseph

P.

W. C. McKean
Member of N. Y. Stock Bzch'g*

Llotd.

&

Lloyd
34

McKean,

nrALL STREET,

NEW TORK.

Buy and sell—on oommission—Government, Rail
way and Mlsoellaneona Securities. Receive depoalta
aubject to check, and allow interest on balances.

John

Ueohoe Stabk.

George Stark

&

F.

Stark.

Co.,

BANKERS,
No. 33

NASSAU STREET, NEW YORK.

Investment Securities foi cash or on
commission. A spedalty made of Western Farm
Mortgages bearing from 7 to 10 per oont interest.
Will undertake the negotiation of loans upon
Western City property In large or small amoanls
sell

BONDS
CAJ> Co.

REGULAR AUCTION

of nil dieses of

&TOCKS AND BOiVDS
ON
WBDNKSDAY8 AND SATURDAYS.

ADRIAN U. nVl.i.ER
No. 7

Logan,

NEW YORK

The Undersigned hold

CONN.,

c.

U. TllAVElls, Special Partner.

Prince & Whitely,
64 BROADWAY, NE1Y YORK,

At Auction.

Otto C Wierum
wiebum.

State, Municipal

Prince, Jas. Whitblt, H.

Habkt

CEDAR STREET,

3413.

EXCHANGE.

&

Bonds and all Investment Securities
bought and sold [strictly on commission] for cash
or on margin.

Buy and

NEW YORK

Wierum,

Robison,

EXCHANGE COURT.

No. a

BROADWAY, NEW YORK.

GOVBRNMBNT

boughtandsoldin the OPEN MARKET. LOANS
and COM.MERCIAL PAPER negotiated. Interest
paid on DEPOSITS, subject to check.

&

(Branch Office, 180 Fifth Avenue).
All classes of Railway and MininK Stocks bought
and sold on Commission.
Private Telegraph Wires to Philadelphia, Wllmfngton, Baltimore, Washington, Bonton, BridgepoK
and New Haven.

solicited.

INTEREST ALLOWED ON DEPOSITS.

classes of Securities dealt In at the
or all reputable Securities

William Robison,
Y. Stock Exchange.

BANKERS AND BROKERS,

hand.

in

son!HERN SECURITIES A SPECIAL? r.
LOANS NEGOTIATED.

and STOCKS, and

&

C.

Floyd-Jones

bonds

desirable

BANKKKS AND BROKERS,

l^euu^bRK'

STOCK EXCHANGE,

Randall

Floyd-Jones
Members oi the N.

W.

Stocks,

«6

on Commlsston

RAILROAD BONDS

COMMERCIAL PAPER NEGOTIATED.

Is

Bought and Sold on CommlsslOB.
Tirginui Tax-Heceivadie Coupons Bought.

-

'

COMMISSION.

dealers in
First-class Investment ISecarltles.
Sr.VERN.MENT BONDS, STATS. CITY, COUNTY
RAILROAD & MISCKLLANEOUS SEUOKITIKS

§T.

Co.,

General Bankloc Business Transacted.

NASStV STREET,
BASEMENT.

&

BANKERS AND BR0KEB8.
54 TYall Street, New York.
STOCKS AND BONDS BOUGHT AND SOLD OH

:

ADDRESS:

other quotable Construction Stocks.

25 fiNe

JOHN SICKELS.
THEO. v. SANn.
Max K. sand. Member N. Y. Stock Kxch.

Vo
O.

THE NEOQ.

RAILROAD SECURITIES.

N. Y. Stock Exetumoe.

Branch Office

always

CINCINNATI,

Tork.

SPECIAL ATTENTION QXVBN TO
TIATION OF

J D.

OhioCentrtl Subscriptions,
Richmond A We-t Pt. Terminal & W'housing Co.
New Y«rk, Chicago A St. Louis Subscription, and

17

BANKER AND BROKER,

BROAD OR 27 WALL STREET,
NEW YORK.

No. 5

INVESTiTIEXT SECURITIES.

American Cable Construction Company,
Continental Construction and Improvement Co.,
North River Construction Company,

all

BANKERS,
New

Sand Brothers

E. Trowbridge,

F.

NEW YORK.

& Co.

FRED. A. BROWN.

BROWN.

H.

Walston H. Brown &Bro.

Buv and

STANTON,

S.

BROKERS,

NEW YOKK.

Baltimore Exchanges.
P. S.— My New York Weekly Financial Report
mailed free of charge on application.

8,

STREET,

Nenr York.

Walker,

ATi D
BROA.DWAY,

WALL

5

11 Pine Street,

Deposits received subject to check at sight.
4 per cent interest allowed on aii daily balances.
Orders executed at London, San FrancUco, Bos-

BANKERS AND BROKERS,
BROADWAY, NEW YORK,

WEST THIRD

STOCK BROKERS,
No.

ton, Philtidelphia anil

Cecil, Zimmerman
69

&

Co.,

gin,

A

B.

CINCINNATI. O.:
W. P. Thomas.
W. M. WILSHIBK.

Geo. W. Cecil,

Member N.Y. Stock

ap-

Schley,

STREET,

WAI.I,

NEW YORK

Speotal.

&

Lapsley, Field

N. Y. Stock Exchange.

BANKKRS

market

&

B K O KE E
1.5

make

Secretary.

SCHLIT.
Stock Exchange

Groesbeck
Vo.

will

noBSON,

Ctrus

WALKER.

N.

fcrapb.

NEW

plication to

of N. T. Stock Exchange.

W.

Rutter

KOTICE.
INVESTMENT & SECrRITY REGISTRY EXCHANGE.

MEMBERS.

d. Setmour Willasb
Members N. Y. Stock Excbanfie.
W. Field, Jr.
Cyrus W. Field

WALSTON
T. Stock Exchange.

M. RUTTEK,

C.

to.

Howard Lapslet,

.

BAXKERS AND STOCK BROKERS.

40

Interest allowed on deposits.
Investments carefully attended

No. 72

Lummis & Day,
DREXEL BUILDING,
BROAD STREETS.

GOVERNMENT, MUNICIPAL and

sell

RAILROAD
Q. E.

Special attention to business of country banks.

Nos. 34 ana 35

Buy and

No. 45 IVall Street

[EstabUshed 1854.]

A,

SON

PINE 8TREEX, 2<EW YORK.

BANKEKS
18 WrAI.L STREET,
,

No.

New

York.

Transact a General Banking Business, InolBdtnK
the purchase and sale of STOCKS and BONDS for
cash or on margin.

lOTestment Secnrltlea.
BOX 2.017
A.M.KlDDEB. WAYLAND TrASK. H.J.M0B8B

Bar and

Sell

P O.

W. C HlLL.

NOTKXBIR

THE CHRONICLE.

20, 1881.J

Simon Borg,

The Brooklyn Trust Co.
MoDtwuo

Cor.of

It

M WALI.

No.

Clinton (tLiBrotiklrn, N. T.

u

Blnlitnttor.
It

o»n

lint It*

f^em"'-

....
01
the wla or nwnuiieinent

ui'iil In

inu'rivai.

o>Ti!...'i

and InTeHtment SecnrltlM.

Ud

BacvuTiM a

BoimiBmii

BraoiAirr.

ifc'l'lLi'
III

"1

r

Company h
KM'
money.

or AU. luuES.

""''
liuslllBM, will

.

CUA.

...

.

','''",",'.''"".V
..
IN. VlCB-Pr«t't.

\

.

&

R. T. Wilson

.im-ni ilcpmltorj

-

thl5

Co.,

aoMuiauoir onvtaa mxmovtmd im

BANK£Ka AND COUMiaaiOM UEBCBAMTB
9 Bzeliaosa Court* N««r York.

Alex.
B. Kendall, Ilpnry SunKcr,
nuis.U..Mnrvln. A. A.
r. Kolfo,

Wm.

John

McCuv,
Low.

K. K. Knowlton. Aliin. II. llnylla, Henry K. Sheldon,
II. K. rifiT-'i'iint. Diin'U'lmiincey. .lolui 'P. .Martin,

Alex. M. While, Joslah I). Low, Klploy Uopee,
AiMtlnOorbln. Bdraund W. rorilo«.
WM. K. BUNKEK. Hecretarr.

&

Elliman,
BANKKH8 AND BIIOKEBS,
Buttrick
&

Won. 37

39 W«II

New

St,

ALU.

Clauk

H.

11.

BObOUT AND SOLO mN COMMISSION

NEW YOBK,

Bacon,
BANKERS AND BROKERS,
New

3 Fine Street,
Btiy

and

York.

BROAD

No. 24

the New
Exchiinges. Deposits received and interest allowed
on balance

Wm.

VVh. D. ITiTCH,
Member N. Y. Stock Bxeh.

liefer to Messrs.

N.

Hrooklyn

A ntrtctly eommlBi»lon bnslness conducted Id the
purchitao and sale u( Stocks and Bonds ua Uugln
or fur Investment.
Complete rinanclid Report Issued weekly to our
correspondents

FI8K

I

4

Wall

NBW YOHK.

Manning,

B.

E.

BAKKEU AND BROKER,

Securities.

A Hatch.

Bonds and Sfnoks bought and sold on comailaaiaa
and other Kxi^hanges.
GEO. W.n. BAM.Oi:, D. II. IIAKMNG,

New York

No. a wrall street.

City

7

SOUTUEUN SECUHITIES

Mew

•

with us.

c&*.d

Men.'jcr o< the

New York

Ho

35

CONGRESS STBBET,

BOSTON.

W. Norton &

G.

CASH CAPITAL,

PINE STKEET.

Co.,

Philadelphia Bankers.

A. P. Turner & Co.,
BANKERS,

W.

&

Gallaudet

Co.,

at N. T. Stock

No. '.M7 Walunt Place, PUILADELPUIA.
Oovemment, State. Municipal and Railway Bonds
and Stocks bought and sold at all tne Ktcnaoges.
Investments prudently made in sound railway soCollections promptly attended to.
Correspondents carefully represented at AuoUoM
Bonds of good bat sot wellknown railroads always wanted for investments a&
tne best rales. Orders on margins not entertaiosd

curlties.

and Privato Sales.

Exchange.

Advances made on business paper and other

Knliimoro

ieourltles.

B R U K £ K

S,

F.

&

Keleher
AND

BAKKEitS

Co.,

BUOKEliS,

J. P. WI.\TRINCH%HI.
GAS, INSUliANCE. BANK STOCKS.

Locis,

ino.,

Boston

Parker

BROKE KB,

AND

186 iniddle

No. 68

Street,

it

&

Sons,

Dealer* In (iovernmenta, Stocks
and luTeatnient Securitlea,
OrrocrrE Skcokd St
32 SOUTH STREET,
,

BALTinOBE,
I

.te
'

.HD.,

C.has.

iti

th<> cMiiiitry,

DEVONSHIRE 8TREET,

BOSTON.

A. Sweet

hs-

40

STATE STREET,

GERMAN

STREET,

BlLTinOBB.

Orders for Stocks executed In Boston,

&

N«w York

&

baltlhorb.
INVESTMENT

BOSXO.'M.

and VIROINIA SECURITIES a

SDOCtftltT

Correspondence sollcltet and information far-

'"8r'?f.C0»«roxu«T.-McKlm Broth T. A
8,

B

It

O

Co.

E. N. MOBIau.v.

riHTBLxr, Jr.

Whiteley
STOCKS. NOTES

llRAl.KnS IN OOVKRNMF.VT 8ECCRIT1ES
AiaMiCity, Count! aiwt icallruad ISuuia.

Co.,

bankers and brokers.

W.

Co.,

New York

PhlUdelpbIa and Richmond.

Co.,

BANKERS

coramuntrution can be

,."tnt!s

&

Orders for Btocki.axeeuted in Boatoo.
and other markets.

w Iren in tlu'ir offices, by

No. 27

O.BOX3I3.

Wilson, Colston

BANKERS,
No. SS

And

i'

rOB-

BANKERS AND BROKERS,
P.

Tower, Giddings

hand.

Fisher
BANKERS,

l>OMK!»Tl<' AND
KlU.S BANKI.S'O BUMNKMS.

Stackpole,

BOSTON.

Government. State. County, C.ty and
Kallr<?ad Bonds, Han Stocks. Ac.
Desirable Investment Securities constantly on
in

Wm.

&

DEVONSHIRE STREET,

POBTLAND, nAINE.
Dealers

BALri.lIOUE.
TKAHBACT A i;KNKItAL

SethH.&H.B.Whiteley

Uuiikcrii.

BANKEBS,

& Barrett,

Swan

8c Sons,
BANKERS,
!«OUTII STREET.

NEW YORK.

Bny and Mil Qoverauient, Slii(e, County. TownablD
and Municipal BodUb. Coupons collectetl. MtMoart
BoDdi a ftpuclaKT. Koreifn exchange bou^3ta&4 lOld

BANKERS

Ko. 7
&c.

BCCCRiriES U0170UT AT THB ADCTIOV DALES.
Ko. 3« PINE MTUEET,

No. 305 OltTe Street,
ST.

Banker*.

Robert Garrett

CINCINNATI. OHIO.

P.

Railroad and

Estate,

ITnllpd Htatra Bondii.

Stocks

Stocks and Bonds bought and sold on commission

&

Eustis

ALSO.

Dealers In Mnniclpal,

BANKERS,
UNITED BAim BVILDINO.
WALL I^TKEET, COK. BROADWAY.
STOCKS, BONDS & COMMERCIAL PAPER.

$3(»,U0I).

BOflTOM

STOCK BXCHANQE8.

Cash paid at once for the above Securities; or
they will be sold on commission, at seller's option.

Co., P.

LOVISVILLE, KENTUCKY.

George

MEMBERS OF THE NEW YORK AND

A SPECIALTl'.

Stock Exchange.

B.INKING HOUSE OP

Co.,

BANKERS,

Bailey,

Insurance

&

Brewster, Basset

ice..

Dealings In

allway Ponds and Conpont
State. Uanlclpal and
boufclit and sold at best market rato-^. luvcston or
riesU rti wishing to uuy or sell are Invited to commanl-

Baston.

Yerlc.

Jr.,

NEW STBEEI,

A SPECIALTY

A. ». WKEKf*.

Wai. H. BINUnAiU,

Secaritie*, €ily Bondit.

S.

St.,

at the Nr>w York, Boston

NEW YORK.

John

T3 Dewonabire
BOtrrON.

Street,

Receive aeoonnts of Banks. Bankers. Corporatlooa
and Indlvldoals npon favorable terns.
Deal In tiovernments and Standard InvMtmaat

8TREET,

Gaa Stocks,

No.

BANKERS,

1

N. T. Beers,

Y STOCK EXCHANSE.

Geo«\Viii.Ballou&;Co

B. KIltDAU..

BANKERS AND BROKERS,

STOCK»» AND BONOS,
MEMBERS OV THE

WALL

No. 31

NEW YORK,

ST.,

BOSTON, BASS.

on commission all Securities dealt In
York Stuck and the New Yurk Mining

it

Coleman Benedict & Co.

CONORE8B STREET AND
No. 2 COKOBBflS SQUARE.

Ho. 7

soil

A.BrTTKiCK,.VemberonheN. Y.StockKxch «e
WH.ELLiHAN,McmiieroItheN.V.MlnlnKBxeb'K*

1864.

PHILADELPHIA,

&

Clark

C.

E8TABLIBIIKD

BOMTON,

BAOOV

D.

York.

BONDS, 8TOCKSI and IN V IC9TM KNT SKCURTTIBB

IN

OOYERNnENT BONDS,

P«"on»

on»CCU»l.'Tni'il

for

irchiiM

I

BAMKBBB,
DSALBRt

ANf)

iiivhicmia. reoelT*

iir

™t,lrv

and

Railroad

Baakcra.

Foote & French,

HBW TOKK.

HTRKKT,

DKALBIl IN AIO. KINDS OF

Thl« Companr Is «ulhuri»»d bT >p«clal oh*rt*r to
utcvWer, trustve. Kuardlan. exvcutur. or «a>

Mt

BoMon

FlBMicial.

FtDanolal.

&

Morison,

KKR

S

,

AND BONDS, AND DEALERS

IN l-nllr.K..V r.MllA.MiK,
Carnrr Sonili nud iirraiaa titrests.

BAI.TI tlORK. nD.

Corrsspofidenre Invited and full'lnfomauun
llr-'— '*' aulitte<-U lurouihcd.

oa

'

i

THE CHRONJCLE.

WXLLCox Brown.

Lowndes.

C. o.

GERMAN

F. O.

Box

A. Anderson,
BROKERj

Dealer in Money, Stocks and Bonds,

AL,A.

Burlington Woolen Co.,

eilerton

Dealers in

Also, Agents

Daane

No. 109

Wright,

Co.,

Bliss

New York,

BANKERS.
Special attention paid to collections, w^th prompt
remittances at current rates of excnange on day of

Peabody

AND

Correspondents.—Oerm an- American Bank New
Fork; Louisiana National Bank. New Orleans B&nk
of Tjlverpool. Liverpool.

.
J.

&

.

" An

—Nev) York Obsertat
Prof.

ter,

BIOHnOND, VA.

Bro.,
ffeniell.

O. N. T. Spool Cotton

CoHeotlo nB made on

Wire Rope.

all

STEEL AND CHARCOAL
IRON of superior quality
suitable for MINING AND
HOISTING PURPOSES,

N. C.

parts of the United States

MAURY &

R. H.

CO.,

Inclined Planes, Transmis\sion of Power, &c. Also,
[jGalvanized Charcoal and
JBB for Ships' Rigging, SusIpension Bridges, Derrick
fUuys, Ferry Ropes. &c. A
> large
stock constantly on
hand from which any desired
lengths
are cut-

STOCK BROKERS,
RICHMOND, VIRGINIA,

I

Buy and sell Government, State, Mnnicipal and
Railroad Bonds and Stocks, 4c. VirKlnia StateTaxKeceivable Coupons bought and sold. All orders
promptly attended to.
New York Correspondent, VERMILYE & CO.

made on all Southern points on best
prompt returns.
„ JOHN P. BRANCH, President.
,. ,.
B. Morton, Cash. Fred. r. Scott, Vice-Pres't.

,

J.

&

UTOAlli

Information on all classes of Southern Securities
especially state Bonds, Tax Coupons, &e.
Corsolicited.

HARRIS & RHINO,
STOCK AND BOND BROKERS,
kinds of Investment Secnrltle
outriKhtoron commission. Information furnished
Orders and cfjrrespondence solicited.
sell all

OF NEW YORK.

.Jl^^^.^V^"^ APPROVED DESCRIPTION C

AND
iFE
)NTERIV,S

ENDOWMENT POIICIE
AS

FAVORABLE AS THOSE
„„*Nr OTHER COMPANY.
ORGANIZED APRIL I2Th 1842.

Steamglitps.

Only Direct Line to France.

GENERAL TRANSATLANTIC CO.
BETWEEN NEW YORK AND HAVRE.

01

asHAssrooirER$8aooo,cio(

"

^iu\ ^tml

FOR IHARSEIL.LE.S,
TOUCHINO AT CADIZ, GIBRALTAR 4 BABCILOHA.

GOLD MEDAL,

FAIUS,
BU CeUbraUHfunhtrt,

Yorkdirect
T'" 'eaveNew
Oibmltar, Barcelona
and Marseilles tak.
freiKlit and paSBensers;

<
'^^J?"9?Tl'"','.'™^*"
for
Cadii,

1

MRDINAND DB

*iu>.

VILLK

Bteerase

*'"""'•

'^'°'

"" ^^'«"« "«'

oSiS2'tln''opft*''
N. B.— No freight taken for Qlbraltar.

1.0CIS

0E BEBIAM.
Ka, «

9

CiDb-Prieee for the Bent

oJfcUl

deaivt

throughoul the woritU

ijomph Gillott & Bona.

Urecn.

tir'TONBW SUBSCRIBERS FOR THE YEAR

188a, remitting before Jan. 1st. the numbers of 1881
issued after tne receipt of their subscriptions, wJt
pe sent gratia.

Home and

Poretsn Iilteratare.

1

n* w Terk.

W. HARTKR, ATTORNBT.Canton
HENRY
Ohio, conducU
classes of oases against Indlv.
all

Asemt,

BawUnc

,

postage.

1878.

303-404- 70-36 -332,
Au other ttyltt may he had

*

Through bills of lading issued to Medlterraiean
Ports, including Barcelona, Algeria, Tunis, Genoa;

As much a necessity as er<ir."—Tht Advance,

" The best and cheapest periodical In America."—
EvanQelical Churchman, Toronto.
Published weekly at $8 00 per year, free <tf

First cabin, 1100 and ISO; second cabin, $80: steerage, I^H, including wine, bcddinK and utensils Return tickets at very reduced rates. Checks drawn
on Credit Lyonnals of Paris In amounts to suit.

selUes— Fir»tcabln,»80and$100.

its

llteiarr

New York IVihune.
"It enables its readers to keep fully abreast of
the best thought and literature of civilisation."—

Chicago.

Uelaplalne. ..Wed., Nov.

t<5 and $90; for Barcelona and Mar132^^

Commercial Advertiser, Detroit.
" No reader who malies himself familiar with

cmtents can lack the means of a sound

t'ilie.

30. 1 P. M.
f'^-n„*'i\».'l"V
IjABRADOK. Joucla
Wed. Dec 7 AA M
8T.LALRKNT, Servan
Wed., Dec 14 11 am'
prick oi? eAssAGE— ilncludinn wme To' Havre—

Lf S8KPS....0n or about Nov 9S
DEC MAILSKILLES
On or about Dec! IB
RATEH OF PABBAGK-For Cadii and Gibniltar-

compilation of what is best in the literature of the
day, whether relating to history, biography, Action,
poetry, wit, science, politics, theology, criticism or
art."— Ifart/ord c'ourant.
" It being a weekly publication. Is, comparativelT
speaking, the cheapest magazine published."—

Pittsburu Christian Advocate..
•'
The oldest and be t."— Oourier-Jbtwnal, Lot4is-

Pier (new) 48 North River, foot of Morton St.
by this line avoid both transit by Kng..l'?7^*"
llsh
Railway and the discomforts of crossing the
^'
Channel in a small boat.

flrst cabin,

"It is indispensable in every household where
any attempt Is made to keep up with the current
thought of the day." • • * "It is a thorough

culture."

Prom

Im

Boston 'lyavekr.

we

iNmKi^iv£

AUGCSTA, GEORGIA.

Boy and

branches of Literature, Science, Politics and

No other periodical can compare with The LitI' O Age in interest and value." • * « -a veritable
"

" It supplies a better compendium of current discussion, information and Investigation, aud gives a
greater amount and variety of reaaini; matter,
which it is well worth while to read than any other
pnbllcation. "—UoKtou Journal.
^"It contains not only the best solid literature, but
also the best serial stories of the day." • ' * "its
pages are sufficient to keep any reader abreast with
the best printed tliouKhts of the best of our contemporary writers."— £pi«copai Jleijiater, Philadelphia.
" The ablest essays and reviews of the day aio to
be found here." • • « ••
know of no investment of $8 in the world of literdture that will yield
equal returns."— 'f'/i« Pre^byterUin, PhiUidtiphia,
" To praise It is a worit of supererogation."—
New York Christian Advocate.

TIIOmAS BRAINCII
CO.,
BANKERS AND COMMISSION MERCHANTS,
RICHMOND, VIRGINIA,
respondence

Art.

JOHN W. MASON & CO.,
43 Broadnray, New York.

der.

;

THE ABLEST LIYING WRITERS
in all

thesaurusof the best work of the most celebrated
writers in literature, science, politico and art "

Fl.AT

ROPES for Mining purposes manufactured to or-

RICHMOND, VIRGINIA.
Collections

Scientitic. BiOKraphicaJ. Historical and Political Information, from the entire body of Foreign Periodical Literature.
It ts therefore invtiluable to every American
reader, as the only satisfactorily fre>*h and COMPLETE compilation of an indispensable current
literature.— indispensable because it embraces the
productions of

STKEL AND IRON

MERCHANTS' NATIONAL BANK,
terms

double-column octavo pa^es of reading matter yearly. It presents in un inexpensive form, considering
its great amount of matter, with freshness, owin*
to its weekly issue, and with a satisfactory completeness attempted by no other publication, the
best Essays, Keviews. Criticisms. Serial and Short
Stories, Sketches of Travel and Discovery. Poetry

Walker, Cashier

National Bank,

TVILmiNGTON,

of

A
THREE AND A QUARTER THOUSAND

MIIiTVARD'S HELIX NEEDLES
400 BROADWAY, NEW YORK

S. C.

Special attention given to Collections.
A. K.

others, are represented in the pages

The LiiviNQ Age has been published fornearly
forty years, and has met with continuoua commendation and success.
weekly v\a4jazine, it gives more than

AND

National Banking Association,

Pres't.

Ooldwin Smith, The
ot Argyll, V\ m. Ulnck,
Mlns Thackeray, Mrs. SIulock-Crnik, (ico. niacDonaid, tirs. Oliphnnl, .lean
Ingclow, ThoB.IIardy, .1Iatthuw Arnold, W, II. Mal-Tiii SI lock, W. W. Story, TourItuHkiu, Tennyson, Browning, and

Littell's Living Age.

BANK OF CHARLESTON,
Bdbross,

W. H. Caruen.
Fraucow Power Cobbe,

Prof.

Duke

many

Wm. C. Courtney, Pres. Ernest H. I'RiNQLB.Casi

Max

Tyiidall, l)r,

&0.

tor Eieporl Trade.

&

THE GREATEST LIVING
Authors, Huch lis
Mullcr, lliuht Hon. W. E.
Gladatone, Ja8. A. Froude.
Prof. Huxley, U. A. Proctor
Kdwnrd \, Frcomiin ProC

NORTH TENTH 8TREET,

First

Indispensable Visitor."
•%

Tewela, Quilts, White Goods and Hosieir.
<te.,

.

Publications.

AND SHEETINGS,

Drills, Sheelingi,

BOSTON,

Chacnosy sirebi
PHILADBLPHIA.
DAYTON, 246 CHESTNUT STREET.

Boston, Philadelphia,

George A. Clark

STOCK BROKERS,

B. E.

„
W

Mills.

15

CO., MAKERS'OF FINB
'P B. STEWART
*Jantoi8, Mirrors, Bookcases, >v>.
&c., ^^o.
No. IS
»
...'vS""
West Twenty-Third Street.

Fabyan,

PRINTS, DENIMS, TICKS, DUCKS,

& Schoolcraft,

CHARLESTON,

From Various

„,^

YORK,
JiW
White Street,

., i
u 45
43

Street.

&

Mills,

Hosiery and Knit tTnderwear

BROWN AND BLEACHED SHIRTINGS

parment

Bo. 6

New Mills,

Atlantic Cotton muis,
Saratoga Victory Wrg. Co., Ocean mills,

SELLING AGENTS FOR LEADING BRANDS

mOBILE, ALABAinA.

Campbell

and,,

UNSTBD STATES BUNTING COMPANY.
A full snpply, all Widths and Colors, always In stock.

ZHOS.P.mLIiSR, R.D. WILLIAMS. JNO. W. kULLEB
CHAS. B. HILLBR.

&

.

COTTONSAILDUCK

Special attention slven to purchase and sale of
Alabama State and Mobile City Bonds.

Thos. P. Miller

AGKNTS FOR
.
Washlnston
MIIU, Clilcopee Mte. Co,

And all kinds of
OOTTON CANVAS, FELTING DUCK, CAR
COVERING, BAGGING, RAVENS DUCK, SAIL
TWINES, 4c., " ONTARIO " SEAMLESS:
BAGS, "AWNING STRIPES."

Soutbern Bankers.

MOBILE,

E.R.Mudge,Sawyer&Co

Co.,

Manufacturers

STREET,

BALXmORE

874.

W.

&

Commercial Cards.

Turner

Brinckerhoff,

Brown & Lowndes,
BANKERS AND BROKERS
No. 19

[Vou XXXllL

Commercial Curds

Baltimore Bankers.
J.

—

—

,,

iduals, railroads and other corDoratlonsIli both State
and U. 8. CourU. Refers to CTAultmaa.Canton O.
Isaac Barter A Sons, Canton, 0.; KounUe Bros
^•w York I Kz-Chlef JusUo* A<ncw, Beaver, Pa.

["

Possessed of Thb Living Aob and one or other
American monthlies, a subscriber

of our vivacious

will find himself in

command o/

the whole situaUofi."

~Phiia.,Evening BuUetin.}

For $10 SO Thi Litino Age and any one of tbe
American fi Monthlies (or Barper'9 Weektt/ or
Baaqr) will be sent for a year, postpaid ; or for $0 00
the Si. Aiciwlae, or Apptexml
Journal, or UppineoU'i JtontlUy. Address,

Thx Litlno Aox and

UTTELIi

tc

CO., Boston.

'

NOTKMDKR

IHK CHROMCLK

20, 18»1.J

Intumnce.

Vfl

ii«arunoe.

m

fTo

OFFICE OF THK

e

Company

Insurance

ATLANTIC

Colimi.
nag.

OP NBW VOKK,

BROADWAY.

OFFICE, 110

Mutual Insurance Co.,

CONDITION OF THK COMPANY ON TUB riRaT
DAY or JULY, IWl.

CASH CAPITAL

NEW YORK,

January 25, 1881.

conrormlty to the Charter oJ
the Cuiu|iaay, submit the followlog Btatemant
•t Ita affairs un tlie 3lBt December, 1880:
Pr«mluius on Mariuo Klsks from
1st Jnuuar}-, 1880, to 3 1st »o91,232,075 04
«eiuber, 1880

The Tru»tce«,

In

Premitunson Policies notmarked
1,495,047 23
off lat January, 1860

Premiums

Total Mariuo

....

$5,728,622 27

Premiums marked

off from Ist
January, 1880 to Slst December, 1880
*4,141,037 80

Keoerve for Uueanied Premiums l.HOfl.tlTg oo
Reserve for Unpaid Losses
21u,724 '.^0
Net Surplus
1,758,627 03

Cash Assets

No.

United States, srullitble for the PAYuf LOfiSKH by
IHK nnd fur tbe proteotlon of Pollcr-llolder» of li-|UH INSlIKAN(:Ht
In tha

MK.NT

I'

Hanks
BoudH nnd murt^rHtfeii, belnu

r««h

In

t1ra% lien

I,715.r88 00
no
U.a,S17 00
IW.TGO 00

if.UlfW.liHi

l,8aB.fl00

00

InUTestdueun lilt .luly, INM
Premiums uncull'ot'd i In h'nds of a«ts.
Heal estate
„

&»,««

II

Total

143.1H>2 17

Premlame and

of

Frealdenl.

$873,118 96

The Company has the following
United St«tc» and State of Kew
York Stock, City, Bank and

Pnmlum

Motes and

BUU

&

E. S. Jemison

assets, tIz.:

Be-

BANKERS

CaahlnBank

337,977 37

Antoont

— No.

10 Old SUp,

tor the purchase or sale of oontracts for futare

Uvsrr of cotton.

the outstand-

be paid to the holders
thereof, or their letcal representatives, on and
after Tuesday, the First of February next.

.WOGOT H JEMISON,

slgnments.

w.KABLir, Robert w.OoLaAK. J. H.rABUT
Member N. Y. u( Uolsan.Coli a Co., Member N.r.

a.

Cotton Kxch'ge.

THE OUTSTANDING CERTIFICATES

the Issue of 1 876 will
to
the holders thereof, or their legal represeutaafter
Tuesday,
the
First
of
Februtires, on and
ary next, from which date all Interest thereon

The certificates to l>e produced
payment and canceled.

will oease.

the time of

at

A DIVIDEND OF FORTY PER CENT is
declared on the net earned premiums of the
for the year ending 31st December,
1880, for which certificates will be Issued ou
and after Tuesday, the Third of May next.

Company,

By order of
J.

the Board,

H.

CSalreston, Texas.

&

Geo. Brennecke
No. 110 Pearl Street,

D. Jones,
Charles Dennis,
W. H. H. Moore,

Lewis Curtis,
Charles H. Russell,

James Low,

&

Co.,

New

James F.Wenman& Co.,

&

Tainter,
Waldron
GENBRAL COTTON niERCHANTS,
aTKEEl',

&

NEW YORK.

Foulke,

coninissioN inEKciiA;vTS,
131 PEARI, 8TUEBT,
NEW YORK.

Hand,

Special attention given to the execution of orders
purchase ur sale of Contraote lor Fntare

fnr the

Wm.

Felix Alexander,

Charles P. Burdett,

William Degroot,

Henry Colllus,
John L. RUcer.

O. JONES, President.

CHARIJa DENNIS, Vice-President,
W. H. H. MOORE, 2d Vice-President.
A. A.

BAVEN, 3d

VlM-PraauuuO.

«•

COTTON BROKERS,
BEAVER STREET, NEW YORK.

S3

&

Campbell,

Cotton Factors,

TICKSBVRG, MISS.
Orders to Parohase Cotton In osr'market sollettet
A midJLUI
Refer to Messrs
York.

WOODWABU

Leman,^

A. L.

COTTON BROKER,
No 160 SECOND STREBT,
niACON, GEORGIA.
Satire attention paid to pnrchaseand shtroMatef
Cotton on onier tor Spinners and Kxporten
Best o( references (urnlshed. CurrespiadeaM

WOKKS atObibkt,

I

AVOVSTA, GEORGIA

••

&

OaiEKT.

Virginia

OrFKR TUKIR 8TANUAUD BRANDS

"ORIKNT COMPLETE .MANUmK,*!

And want a good workim; agent In everr thrlvtai
cotton, tobacco, grain and truck growing ouoatf.
Ap'>lr

(wub reierenceito

W.

&

ecu«ka"

Ammoiciatkd Bobb Sui'KKjtuusruATB or Lon

Coaaasroiroxxoa BouorrsD.

F, Wheless
COTTON

"

Fertilizing Co.

Batlre attention given to porchsse of COTTOa
OUDEK (or 8P1NNEB8 and BXPORTBRS

John

L. I.,and

RICHHONU. Va.

The Atlantic

COTTON BROKER,

Horace K. TImrber,

John D. Ilewlett,
WUliam H. Webb,

York.

Sell very.

yoilt Hnii.PS.

B. Coddlngton

New

Kew

Thomas

Youngs,

Co.,

WALTER & KROHN,
Parisot

COTTON BROKERS,

Thomas

F.

117 Postrl street.

1 46 Pearl Street, near W^all, N. li
Kstabllshed (in Tontine Building) 1840.

PEARL

&

I

Orders (or Spot Cotton and Futures prompUr

York.

Josiab O. Low
Vllllam E. Dodge,
Royal Phelps,

Sturgis,

Adulph Lcmoyne,
Beqjamin U. Field,

I

ented

Keterences :— National Dank of Angnsta, Oeorgi',
Henry Uenu A Co., Commission Merchants New
Yortt: William B. Dana A Co., Proprietors COMvaa
oiAL aiiD KiHAKOiAL CHaonoLB. aad other Na»

A. A. Kaven,

Co.,

COTTON BROKERS,

Charles H. Marshall,
George W. Lane,
Edwin D. Morgan,
Roliert L. Stuai t,
James O. De Forest,
Samuel WllletU,
Charles D. LeTerloh,
W'lUam Bryce,
V llliam H. Fogg,
Peter V. King.

David I^ue,
Qordon W. Bumham,

&

BONDS, tf,
ST04:KS,
WILLIAM gTRBET, NKW TOBK,: [

as

Secretary.

Horace Gray,
Edmund W. Corlle*,
John Elliott,
Alexander V. Blake,
Bobt. B. Mlutum,

sale of noi*-

Orders In " Futures" executed at N.r.Cotton

FtrrcBE Contracts a specialtt.

Bennet

J.

and

Co., Dennis Perkins

COTTON BROKERS,

No.

kuik

(kitloa

Co.,

H. Tileston

"Future " orders executed at N. f. Cotton Bxoh'ge

TRDSTEBSt

&

Special attention to parebase

PBARL 8IBBKT. NBIT TORK.

97

CHAPMAN,

Louis, Mo.

COTTON COMMISSION MERCHAMTB
Ho. 133 FEABL BTBSET,
NEW YOBK.
P. O. Box 3009.

COTTO:S BROKERS,

of

be redeemed aud paid

St.

Farley

New Tork.

Geo. Copeland
136

4^

ee^

advances mstfe oa

Llt»eral

COTTON,

.;..-.-.V..-..$12,608,35e 71

SIX PEB CENT INTEREST on

York.

attention paid to the eaeeotloa e(

COTTON COMIUSSION MERCHA»T»

eertlflcates of profite will

J.

flpeelal

Now

TKACTS FOR FUTUBK DlELlVEUr OF COTTOW

1,628,921 34

oelvable

Co.,

AN

other Stocks
$3,983,558 00
Loans secured by Stocks and
otherwise
1,187,900 00
Seal Estate and Claims due the
470,000 00
Company, estimated at

C. A.

111 Pearl Street,

ftecretarv.

Cotton.

ex-

penses

Vm.

OOTTON COMMIStllON MERCHANTS,

$2,071,238 98

Betums

'

Schroeder,

01,816 40

«a.8e«,OS0 3l

OHAS. J. nAKTIN,
J. H. WASHHIJKN,

OiLUAT Doaaoa

&

Ware

on

real entjite (wi)rlll |a.tl8ll,53")

13< PBARL. STRBBT,
New York.

Uajiar U. Wabs.

|1&3,XT7 14

United StHteH ntockH (market value)
UankA KU. nUickaJk bd-. (market ralu«>
8tHte and municipal b'dH (luarket ralue)
lx>anii on utockH, pnyubh* on dpmand
(market value urculnter'ls,tS.4aU.734)

aag

LIBKRAI, AI)VAN<;B!4 MADK.
Bpeolal attention given to ordsrs fur Ihs
and smle of Contrmots for Fatare I>ellv«r7 or

$$,866,029 32

^......i

B.

Reeelve Consignment .of Cotton and oilier

SV.nniAKY OP AMtBTS
neid

Losses paid during the same

penoa

$3,000,000 00

M«a

oBoaar.

C. F. Hohorst & Co.,
COTTON
COMMISSION UBfiCUANT8

Finy-Slzlh Seml-annaal Stalemeat,
SUOWIMU TKH

V,

(I^o.,

oomnissiON kibrohants,
NASHVILLE, TENNESSEE.
Special attention given to Spinners' orders.

Cor

respondence ao.lcitudhgrcHiuNrcN.— Tbird and Fnarth National Banks
aad Piupristun or the Cuuu.\icijl

G. CRENSHAW, Pre»»t,
CRENSHAW WAKkBOfsa,

Rlrbntond. Tk.

Chronicle Volumes
1VAMTED.
Volnme 1, UtS; YolniBts t. 4, 8 and 10. aad M^i
ceedlnc Volamae dcwo to U>T7. Apply at
tlon omee, TV A U WUUam giraat.

THE CHRONICLE.

VIU

Cotton.

Cotton.

Woodward &

Stillman,

POST BUILDING,

Hanover Si BeaTor St*.

Cor, Exehanare Place,

[Reab of Custom Hodse],

.

NEW YORK.
GENERAL COMMISSION MERCHANTS
iiOANS IdADE ON ACGEPTABIiB
SECURITY.
Uberal advancea made on Consignments.
Special attention paid to the execution of orders
for the purchase or sale of contracts for future
dellTery of cotton.

Lbbman, DrBB A Co
Uontgomery, Ala.

Aebahak & Co.,
Mew Orleaos, La.

liBKXAir,

[NovEMBEU
]ni$ccllaneou§.

INMAN,SWANN&Co
COTTON
COMMISSION MERCHANTS,

_

New

Jlo»;

New

York.

pondenu

In LlTerpool, Messrs. A.

A

Newgass

Co.

lAd Messrs. L. Rosenheim & Sons.

JOBN

H. CLISBY

CO.,

St.

COTTON BUYERS,
HONTGOOIERY, AL.\.
PUBOUUn OKLT ON

LOANS MADE ON

SOUTHERN SECURITIES.
Wabben Ewen,

John M. Ewin.

Jb.

Ewen

Brothers,

33 Broad

Street,

Mohr, Hanemann & Co.,
PEARL

133

New

ST.

1K6

GRATZER

New

York.

ST.,

ORDERS FOE FUTURE CONTRACTS.

OF

Cotton Commission Merchants,

AHD

.COMMISSION MERCHANTS
18 Exchance

Place,

NEW TOBK

poai Buiuinro.

P. Billups
J.

&

NEW

Sale

COMMISSION MERCHANTS,
NEW ORLEANS,

Urerpool.

BABCOCK & CO.

COMMISSION MERCHANTS,
17 Water Street, LIVERPOOI.,
Receive consignments of Cotton and other Produce,
end execute orders at the KichanKes In Llrenoo.,

New Vorli at the odlce
BABCOCK BKOTUKK8 A
SO Wau, Btbxxt.

Ilepresented lu

Graham

eneeessors to E. M.

Hyman &

Co.,

of
CO..

1, 1881
impaid losses
and te-lnsarance fund

and

DtOBILE. ALA.

NET SURPLUS
No. 3 Cortlandt

GENERAL

&

&

&

Co.,

sale

Co.,

Co.,

New York.
BTTKTMENT SECURITIES BOUGHT AND
BOLD FOR A COMMISSION.
18 William Street,

Hoffmann,

COTTON BROKER AND AGENT,
SVB |OB LA BOCBSE, HAVRB.

York.

Agent.

Ins.

Co.

ANiO

EDINBUROH.

United States Board of Managementi
:

SOLON HUMPBRBrS, Ch'r'n,(B. D.Morean A Oo
DAVID DOWS, Esq. (David Dews & CoJ
B. P. FABBKl, Esq. (Oreiel, Morgan 4 Co.)
UON. 8. B. CHITTENDEN.
EZRA WHITE. Esq.
J.J.

A8T0U,

Esq.

CHAS. E. WHITE, SAM.
MANAGE RS,
Office

£4

WUllam

St.,

P.

BLAGDEN,

New York.

conmissioN merchants,
8

South 'WUllam

St.,

New

York.

LyOntfuercial

Advances made on Consignments to
nieaars.
FIN
tc.
CO.,

JAMES

LAY

LIVERPOOL, LONDON AND GLASGOW.
Also execute orders for Merchandise through

Meaara. FIN LAY,

MUIR

&.

CO.,

CALCUTTA AND BOMBAY.
CONTRACTS FOB FUTURE DELIVERY COT.
TON bought and sold on commission In New York

Union

12 T ?rv'-— ..(

St.,

PblladelpUa.

THE BROVTN
Cotton Gin Company,
NEW

LONDON, CONN.,

HANUFACTUBEBS OF THE CEUEBBATXD

Brown Cotton

Gins, Gin Feeders and

Condensers.

COTTON GINS FOR EZFOBT.

Ins. Uo.

(OF LONDON),

ALFRED

PELL,
Resident Manager,

COTTON FACTORS
AND COMMISSION MERCHANTS

AND

COTTON COMMISSION MERCHANTS

New

British

Mercantile

Geo.H.McFadden & Bro

WATERS A COJ

$2,739,371 93
St.,

ALKXANDER,

JA8. A.

LONDON

MERIDIAN, MISS,

Henry Hentz

1,694,801 80
3,000,000 00

NEW rORK

&

Hughes, Carter

$7,424,073 73

Liabilities for

and Liverpool: also at New Orleans through Messrs.
Samuel 11. Buck m Co.

BANKERS

M

Assets January

OF

COTTON COMMISSION MERCHANTS,
97 Pearl St., New York.

LA.

Special attention paid to the execution of orders
for the pirchase or sale of coniracts for future
•ellTerT of cotton in ihis marltet. New York and

Company

Insurance

North

COTTON BUYERS.

&

Wisdom,
COTTON

F.

MTNA

YORK-

•f CoDtiacta for future dellTerj of Cotton.

Jno. C.

A. D. Bhepard, Vloe-Presldent,

NOBFOLK, VA.

Special attention given to the purchase
of contracts for future delivery.

18 Excbange Place,

pedal attention given to the Purchase and

B. F.

Jos. W. Drezel,
Vice-Prest., A. V. Stout.
T. H. Poner,
Wm. Main Smillle, Vice-Prest., Chris. Meyer,
J. T. Robertson. Vice-President, <*. U. Uanlorth,
P. C. Lounsborj.
G. U. Stayner, Treasurer,
Theo. 11. Freeland, Secrelarj.

A. G. Goo-lall, President,

James Maodonoutfh,

Special attention given to the purchase and sale of
Future Coutracts.

Dancy,

BUILDING,

Gardes

Railway Tickets of Improred Styles,
WUhor letlTumt Colort, and Tickets of all Kind*
TRUSTEES:

Capital

NEW YORK.

Cotton Exchance Bnlldlns,

Co.,

COMMISSION MERCHANTS,

Safety Papers.
In Fireproof BuIIiIIdcs.

RAILWAY PRINTING A SPECIALTY

HTMANS & DANCY,

&

COTTON

'

Safety Tints.
Execnted

Work

OF BARTFORD.

Robert Tannahill& Co.,

Noa. 16

'With Bpedal safeKUHrds to prevent OoitnttrftiUnQ
or Alterations. Special papers manafaotured exolaBiTel7 lor use of the Companr.

Orleans, La.

COTTON FACTORS

Si

ENGRAVING AND PRINTING
AND IHTLROAn
BONDS, SHARE CERTIFICATES, BILLS Ot
EXCHANGE, DRAFTS, CHECKS. STAMPS, Ac
JJV THE FINEST AND MOST ARTISTIC STTU
FROM 8TEEI. PLATES,
or BANK NOTES, STATE

Special ATTBMTioit Oiten to the Execdtion

OSOEBS, TOB A COmflSSIOK

1888.

1879.

Govtmmmtt.

Gwynn & Co.

Fielding,

18

Business FonND^D 1T95.
La\m o} state o/ Kno Fork,

Incorporated under

BOSVS. POSTAGB AND HE VENUE STAXPS,
LEGAL TENDER A NATIONAL BANK NOTES
VNIIBD STATES and ivr many FOrtign

Tork.

WM.HOHB. H.W.HANIMANN. CLEMENS FISCBEB

Orders executed at the Ci>tton Exchcnges In New
Torkand Llreipool and adrances made on Cotton
and Other produce consl^ed to ns. or to our oorre*

BROADWAY, NEW YORK.
UEOKOAN1ZJ!U>

NEW YORK.

COinSHSSION KIERCHANTS,
40 EXCHANGE PLACE,

142

Note Company,

0/ tlu

Nos. 31 Si

.v.«

Bank

ENGRAVEItS AND PRINTERS Ot

LEHMAN BRO'S, COTTON BROKERS,
Cotton AND Factors

-yaj:

AMERICAN

Cotton Exchange Bnllding,

101 Pearl Street,

26, 1881.

3r

&

S9 Wall Sfre^f

Whiting Paper Co.,
HOL.VOKE, MASS.
Bankers' l.edcer nnd Record Paper*,
Dliichine Hand-Made Paper*.
Aiitlqae Parcbment Papera.
Plated Papers.
Bond Papera.

AGENTS
JAinES D. WHIT.VORB tc C9^
iS BBEKUAN STRKBT, NEW TOBZ.

I