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MAGAZINE,
MERCHANTS’
HUNT'S
REPRESENTING THE INDUSTRIAL AND
NO. 1,170.
SATURDAY, NOVEMBER 26, 1887.
YOL. 45.
Week Ending
CONTENTS
CHRONICLE.
Grain Movement
How Baltimore & Ohio
its
ber
and
English News
Monetary
690
Commercial
692
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Agents :
will take
and advertisements and supply single copies of the paper
& Smith, 1 Drapers’ Gardens, E. C., who
(98,803,000)
(-70-4)
98.501,877
5,571,000
+8-3
+21-2
92,146,091
5,400,600
1,742.684
1,173,073
1,113,484
1,125,227
807,104
90,920,422
5,637,500
1,081,040
1,232,012
1,031,308
927.122
923,725
£57,860
+13-0
+53*4
964,416
714,850
+0-4
+31-8
+50
+20-3
111,215,441
102,911,061
+8-1
104,470,434
+33
70,508,959
12,113,102
13,700,717
60,458,245
9,663,488
14,036,382
+6-1
+25-4
—2’3
60,344,366
10,374,347
11,414,303
-12-1
96,328,838
90,158,115
+6-8
82,133,016
+2-4
52,277,324
11,502,<’'00
4,318.540
4,01*2,800
1,711,659
3,453,857
2,078,553
1,003,009
2,005,190
4,801,312
1,770,740
3,956,771
500,207
318,374
+35-4
60,510,298
10,212,200
5,008,085
4,582,594
2,508,337
3,138.441
2,358,*106
+10-4
1,749,895
1,241,832
1,115,976
1,124,140
1,043,017
....
Total New England.
Philadelphia.
Pittsburg
Baltimore....
Total Middle.
Chicago
Cincinnati
Milwaukee....
Detroit
....
Indianapolis..
Cleveland
Columbus
Peoria
Omaha
mvi
CWILLIAm D. DANA & Co., Publishers,
S
1051 William Street, NEW YORK.
f
pogT OkfI0E Box 953.
CLEARING
HOUSE
RETURNS.
70.702,998
11,575,050
4,960,015
4,064,325
2,775,856
3,590,405
2,536.330
1,370,494
Minneapolis...
3,290,370
5,481,887
Denver....
St. Paul
Grand Rapids.
Wichita
Duluth*
037,707
748,147
3 053,110
Topeka*
JOHN G. FLOYD.
Total Western.
St. Louis
St. Joseph...,
New Orleans.
Louisville....
Kansas City..
Memphis...
(-20-8)
(1,195,900) (+1355)
(+20-31
(-55-5)
(1,410,830)
(23,438,000)
—
Messrs Edwards
(535,100)
-145
602,240,352
bbls.)
Springfield..
Lowell.-
(-7-0)
(+07-1)
(+1029)
(50,925,000)
(2,022,252)
P. Cent.
(894,200)
(133,854,407)
bushels.)
(Grain
(Petroleum
(2,437,778)
+3-0
750,713,895
1887.
bales.)
Boston
Providence.
Hartford—
New Haven.
Portland....
Worcester..
5C*lxe Chronicle.
Terms of
shares.)
(Stocks
694
Commercial and Miscellaneous
News
695
Lo?t
Surplus..
693
777,925,374
New York
Sales of—
P. Cent.
1
%
Imports and Exports for Octo¬
Clearing House Returns
687
The Financial Situation
688
The Canal’s Prominence in the
End'g Nov. 12.
Week
Nov. 19.
1880.
1887.
THE
STATES.
COMMERCIAL INTERESTS OF THE UNITED
2,251,430
4,087,737
119,367,741
93,777,098
17,460,230
1,540,311
14,471,758
5,812.713
10,248,790
1,324,014
10,900,900
4.246.779
6,287,648
8,409,079
Galveston....
+0-7
+8-4
+0-0
+14-9
+10-2
+02-2
+3-9
+22-0
+372
+64-1
+12-8
2,613,957
1,902,'-99
+30
+4-8
+2-0
-2-8
+2-9
+20-3
-0-7
+143
+25'8
+02-1
+10-3
+21-0
+300
-r25-7
1,202,940
+20-7
+ 18-5
3,117,371
5,337,875
2,276,255
4,559,147
427-5
+ 133-4
714.695
-t9" 7
+15-8
+5-4
+10-8
+841
072,904
2,895.477
285,817
j
'268,770
3,044,040
2,801.749
1,369,231
.
—1-2
+4-1
(32,469,930)
(16,976,000)
+27-3
100,199,708
+7'5
17,673,431!
+10-8
+32-7
+36-9
+35-2
+16-5
+47-3
+11-8
•i-5-8
—5 2
1,135,094
13,430,090
5,404.718
7.804,073
3,072,402
2,001,880
+3'1"|J
+170
+158
+ 13-6
-t-10-0
-01
+105
1,445,383
1,457,628
review make a very Norfolk
+ 15-9
4 22-3
52,118,331
44,087,815
preceding weeks of Total Southern...
55,005,112
the current year and with the corresponding period in 1886. San Francisco
+ 17-5
15,405,004
+8-8
10,742,793
18,215,404
In fact the present aggregate has been exceeded only twice
—74
1.178,057,910 1,099,291,377
+722
Total all
since January 1, 1887, the weeks showing heavier totals Outside New York.
+?+
+14-8
400,132,536 348,577,482
Not included in totals.
being those ending January 8 and July 2, the usual yearly
The returns of exchanges, as received by telegraph this
and half-yearly settlements having much to do with the
larger volume of clearings then recorded.
Furthermore, evening, cover only four business days, the Thanksgiving
In comparison with the corres¬
although on four occasions in 1886 a greater total than the holiday having intervened.
present was exhibited, it was caused in each case by the ponding period of last year, which also embraced only four
enormous transactions on the New York Stock Exchange.
days, the aggregate for the seven cities exhibits a decrease of
The comparison with last week is, of course, not a perfect 15*3 per cent.
The estimate for the full week ended Novem¬
ber
26,
based on these telegraphic figures, points to a decline
one, as the returns for some of the more important cities then
embraced only five business days.
But passing those cities from the week of 1886 of about 9*2 per cent. Messrs. R. G. Dun
& Co. report the number of failures for the week ended to-night
we hnd that of the other clearing houses only six show losses,
as 207 (187 in the .United States and 20 in Canada), against 224
and in most cases they are so slight as not to be noticeable.
exchanges for the week under
satisfactory exhibit, both compared with
Bank
-
*
Contrasted with the
corresponding period of last year there
while in the whole
and with New York
excluded is 14’8 per cent. In percentage of gain over a year
ago Wichita leads with 133*4 per cent, and is followed by
Omaha, 64*1; Indianapolis, 62*2; Lowell, 55*4; Galveston,
is
gain at New York of 3’6 per cent,
country the excess reaches 7*2 per cent,
last week and 216 for the same
a
47*3; Peoria. 3.7*3 and Louisville 36*9 per cent.
Baltimore and Norfolk alone record any falling
Providence,
oil.
regards stock speculation, the transactions on the New
York Stock Exchange cover 2,437,778 shares for the week,
against 2,622,252 shares for the similar period of 1886. The
market value of these sales lias been respectively $129,962,000
and $129,150,000, and, after deducting two-and a-lialf times
these values from the New York totals, the exchanges arising
through other business exhibit an increase this year of 5*9 per
As
cent.
week of last year.
New York
of Stock (shares)....
Boston
Philadelphia
Baltimore
Chicago
St. Louis
New Orleans
Total, 5 days.
Estimated 1 day
Total full week.....
Balance Country*
Total week, all
*
19.
Teleg-raph.
1887.
Sales
Week End’g Nov.
Nor. 26.
Week Eliding
Returns by
$
469,108,637
(1,043,493)
01,102,874
48,939,339
8,232,060
46,000,000
11,805,340
8,492,324
1880.
P. Cent
1887.
P. Cent
*
$
-20 8
59?,067,822
(2,218,420; (-53-0)
-108
68,347,052
+9-0
44,913,964
-0-3
8,788,420
+22 7
37,491,000
033,302,943
-0-7
(2,099,927)
82,408,008
59,311,171
(+1’7)
+93
+4-0
+32-9
+7-9
+24-9
-2-3
10,942,458
+8'4
8,986,844
—5-5
11,401,592
59,779,000
14,494,270
12,8"7,670
053,801,180
175,002,467
771,738,104
-15-3
873.505,320
+2'9
168,028,849
+3-8
190,000,000;
+24-7
828,803,047
100,407,018
940,367,015
83,420,111
—11-9' 1,063,505,320
+20-4' 114,142,187
+6 2
+17-5
929.270,005 1.023.787.126
—9 2 1.177 707.507
Cor the full week, based on ia?t week’* reruns.
a
7'2
688
THE
CHKONICLE
FOREIGN TRADE MOVEMENT OF THE UNITED STATES— (0003
THE FINANCIAL SITUATION.
The money market is evidently hardening gradually.
This may be the result, in some measure, of an increased
demand due to
rvoL. XLV.
Merchandise.
Excess
Tear.
Exparts. Imports. of Ex¬
Gold.
omitted.)
Silver.
I
Ini-
j
Ex¬
Excess
of
Ex¬
Excess
Im¬
ports. ! ports.
ports. ports. of Ex¬
higher prices and greater activity in
ports.
Imports.
ports.
stocks, but is mainly owing to the steady depletion of the 1887.
1
f
$
$
1
$
$
$
~~r~
Jan
71,534 51,951 19,583 3,536
629
2,907 1,915 1,194
reserves.
721
During the present week there has been a spe¬ Feb
144
51,777 59,156 *4,379
+ 1,533
1,677
2,351 1,332 1,019
March..
cial drain to Canada.
65.317 62,894 2.423
57S
2,445
+ 1,867
1,654
1,218
Probably the banks there have
436
829
April... 47,568 63,581 •16013
1,494
+1,165 2,647 1,417
1,230
found it necessary to increase their cash holdings, in view May.... 43,236
904
297
58.666 *15430
607
1,925
1,384
641
505
47,958 61,232 *13274
+ L15
620
982
of the condition of money and credit prevailing in the June.
1,748
.766
49,393 56,593 *7,197 2,17o
496
July....
1,682 2,008 1,335
673
leading Canadian cities just now. The failure of the August. 55,426 65,739 *10313 5,979 242 5,737 2,058 1,718 340
*732114,089
176
13,913 2,779
1,462 1,317
Central Bank of Toronto, which occurred last week, and Sept.... 53,255 56,017
Oct
76,050 60,864 15,186112,890
312
12,578 2,388
1,450
938
the announcement this week of a reduction of the capital 1887.
366,517 596,693 *30176 41,132 8,388 I 32,744 21,473 1 3,492 7,$81
188<i. 555,296 553,060
2,236 20,342 40,6231+20,281 21,351 13,415 7,936
of the
Nat^nal Bank of Quebec from $2,000,000 to $1,- 1883. 54
6,534 485,055 61,429 12,929 [ 9,18$
3,74u 27,967 15,017 12950
333,332, are the chief facts made public which disclose 1881. 579,218 511,879'37,339 17.532 40,284 ! ('22,752 23,842 12,568 11274
Excess of imports.
t Excess of exports.
any cause for increased anxiety.
Very likely the money
It will be noticed that the merchandise balance for themay not be needed long, as the situation, so far as
we can
judge, does not appear at all alarming. In the month is $15,186,000. Tnis is not quite as large as we
meantime, however, the drafts upon this centre from the estim ated last week that the balance would be, the imports
West
and South continue, so that altogether our having turned out over 2millions
larger than we antici¬
banks have lost considerable cash during the week
pated.
So far
as
bankers’ balances
The successful placing of the Northern Pacific loan ig.
represent the situa.
tion
of
call
money,
there
has been no very an important event and a very happy hit for President
material change ;
the extremes are 7 and 3 per Harris’s administration. Only those who are familiar with
cent and the average about 5 per cent, at which figure the
company’s affairs know how many difficulties have
renewals have been made.
Banks are generally asking G attended its
accomplishment, and yet how necessary a part
of
per cent, and they have loaned very little at 5 per centpresent and prospective plans its achievement was. ' The
In time loans the business is chiefly renewals of matnr. road has thus been relieved from all
embarrassment, and
has
also
been
ing contracts, very few new engagements being made; the
put in possession of abundant funds for its
Cascade
tunnel
and other work needed in
quotations for GO days to 4 months are 4.]@5 per cent bid
completing the
on first-class collateral and 6 p>er cent bid
on mixed secu¬ main line and perfecting its connections with the Pacific
rity. As to the commercial paper market, our city banks Ocean (through Puget Sound) and with Portland. There
are entirely out of it, and the little that is being sold
is to are many who think the company ought never to have
out-of-town institutions.
The quotations now are G per surrendered its right under its charter to build a direct
cent for 60 to 90 day endorsed bills receivable, G@6f per line to Portland; but
having done so there was no
cent for 4 months acceptances, and 7@8£ per cent for course left except the
building of the Cascade Division ;
in
default
of
good single names, having from four to six months to'run.
that, the anomaly would be presented of a
The cable reports discounts of 60 day to 3 months’ great continental line, with a Canadian
competitor well
bank bills in London at 3@3 par cent, while the open mar¬ equipped at both ends,
running along its entire course,
ket rate at Paris is 2f per cent, and at Berlin
and
per cent.
yet the American road, after traversing nearly two
The unsettled and somewhat grave political situation in thousand miles,
owning no terminus. There can scarcely
France probably influences the money^tarket there as be two opinions as to the
inexpediency of continuing
well as in London, and has possibly in part induced the such a situation.
It is very satisfactory to know, at the
firmer tone in London as well as the improvement at Paris. same time, that the Northern
Pacific, through this con¬
On the other hand the meeting between the Czar and the struction, has earned the public lands
appertaining to
Emperor William has rather had the effect of increasing that portion of the road, and that the lands are
confidence in a peaceful arrangement of European differ¬ rich in
coal
and
iron, and
promise
favorable
ences.
The loss of bullion by the Bank of England this results for future business.
The present mortgage,
week is reported at £35,000, which according to a private which is called the
third, wa3 author:/.3d for 12
cable to us was made up by an arrival from Australia of million
dollars—$4,640,000 of it to cover 6 per cent divi¬
the
-
..
*
£22,000, and from the interior of Great Britain of £93,- dend certificates, and the remainder to be devoted to the
000, and by a shipment partially to the Cape of £150,000. uses of the company as needed. Of the dividend certifi¬
Our foreign exchange market advanced a half cent per cates $1,350,000 have
already been extended for twenty
pound sterling on Monday and was firm at the advance. years, with the privilege of conversion into the new mort¬
On Tuesday, however, there was an easier feeling, and on
gage bonds, and it is presumable that a further considera¬
Wednesday there was a reduction in the nominal rates ble amount will take the same course. At all events
with the market dull.
This chango in tone was reported whether they are extended or
not, the company has suffi¬
to be mainly due to
offerings of bills drawn by the arbi¬ cient money to meet the other contingency of payment, so
trage houses against purchases of stocks for European ac¬ far as the holders may demand it when due, besides
ample
count. It is not unlikely that the announcement of the loan
provision for the needed rolling stock and work in progress*
to the Northern Pacific Railroad which was made on Wed¬
The application this week for the
discharge of the re¬
nesday had some influence on the markef, though we are in* ceivers of the Pniladelphia k Reading Railroad marks one
formed that none of the amount will bo
immediately drawn of the final steps in the reorganization of that road. Of
for. Yesterday the market was weak. .Mr. Switzler of the
course, the application was granted, and with the new
Bureau of Statistics has issued the trade figures
for October year the road will enter upon a new and there is every
this week.
The month’s net imports of gold reached .$12
the ten mouths of the year the net
578.000 and for
imports
or
1S87
-
gold
to believe
permanently brighter era. Taus oneafter another the affairs of old embarrassed
companies are
reason
a
$32,74 1,000 The detailed monthly statements being settled up, and the debris of past disasters removed.
and the totals for previous
years are as follows.
Among some of the more^recent previous reorganizations
are
November
26, 1887.]
THE
foreclosures may be mentioned those of the Nickel
Plate, the Texas & Pacific, the Central Iowa and the New
York City & Northern, while this week in addition to the
Reading two other companies in the coal business have
taken steps to regain control of their property. We refer
to the Central of New Jersey and the Buffalo New York
& Philadelphia, which, like the Reading, made application
for the discharge of their receivers, and will on January 2
.he restored to their owners.
In the case of the Buffalo New York & Philadelphia,
the new company which is to manage the reorganized
or
.property has also been definitely formed this week. This
is a system of roads connecting the bituminous coal fields
of Western Pennsylvania with Lake Erie and Lake Onta*
rio, and there is a large Continental interest in the con'
The new company will be known as the Western
cern.
New York & Pennsylvania. Quite a feature of these reor¬
ganizations is that they usually result not only in reducing
the burden of obligatory interest charges, but also cause a
variety of divisional mortgages, of uncertain and fluctuat¬
ing value, to be replaced by one or two large mortgages,
covering the whole property, and whose value therefore
can be more easily determined.
Thus in the case of the
Western New York & Pennsylvania, all the old mortgages
have been retired except the $800,000 of Warren &
Franklin bonds, and there will be simply a general first
mortgage, at 5 per cent, for $10,000,000 (to include the
Warren & Franklin bonds), and a general second mortgage
for $20,000,000.
The second mortgage interest can till
1893 be paid in scrip upon certain terms and conditions,
and of the first mortgage bonds only $7,700,000 will be
issued at present. The obligatory charges under this arrange¬
ment will be $411,000 per annum.
In the year ending Sept.
30,1887, net earnings were $485,052,out of which, however?
about $115,000 had to be paid for taxes and rentals. But
this result hardly affords a correct idea of the property's
the company was up till June
hampered by an unfortunate coal contract, according to the
terms of which it v/as obliged to deliver coal at Buffalo at the
low price of $1 25 per ton.
As bearing upon that point
we may say that $475,542
of the $485,052 net earnings
for the year were made in the last seven months.
The general character of the reports of earnings is
much the same as heretofore.
There are many favorable
returns, and others that are not quite so satisfactory. The
real earning
power, as
gross
are
generally quite good, our
tabulated statements for the current weeks of the present
exhibits
of
month, given in another part of the paper, being evi¬
totals are still increasing.
Even in the
Northwest the showing as to gross is better than expected,
for the loss on the Chicago & Northwest for the month
of October, according to the figures issued yesterday, is
only |24,750, while the St. Paul for the third week of
November reports a gain of $76,136. When we examine
net results, however, the comparison is not infrequently
disappointing. We have obtained the September figures
of the St. Paul, for instance, and find that while, as was
known, there was a decrease in the gross earnings for that
month of $194,347, there was at the same time an increase
of $30,912 in expenses, so that the net stands at only
$1,026,569 this year, against $1,251,828 last year, a fall¬
ing off of $225,259. The Pennsylvania, too, presents
dence that the
689
CHRONICLE
cost of
operating is greater now than a year ago, while it
of grain at least, rates this
is also clear that in the case
due allowance
is altogether
be accounted for by them, especially when we
year were lower than last.
Still, making
for these facts, the augmentation in expenses
too
large to
bear in mind that it
the
previous year.
follows
an even
heavier augmentation
Here is a comparison of results for a
series of years.
Lines East of
1867.
1886.
$
1
1885.
1S84.
1883.
1S82.
t
$
$
*
Pittsbukg.
October.;
4,359,174 4,417.517 4,675.348 4,660,054
2,420,362 2,521,816 2,656,199 2,010,343
Operat’d expenses.
4,989,521 4,737,351
3,26(5,533 2,874,604
Net earnings...
Western lines
1.722,988 1,862,747; 1,938,812 1,925,701
-1-280,485 1234,260; +127,920 + 14 2,833
2,219,149! 2,040,711
+ 268,853) +513,309
2,127,007! 2,060,738! 2,068,534
2.488.002' 2.553.920
Gross earnings
Result
2,003,473
Jan. 1 to Oct. 31.
46,043,196 41,603.634 37,596,806:10,840,646 42,769,255 40,548,832
24,903,020
Operat’d expenses. 30,196,553 26,769,05 5;21,437,023 25,378,685 20,473,559
15,045,212
Net earnings... 15,646,013*
+1580,081
Western lines
+’.316,413
Gross earnings
14,834,579'13,159,783j 15,407,001110,295,696
j + 171,821 ■—1116,559■
Result
17,163,050.15,Ov 0,40+12.013,224
-519.O2oj+ll03,2l 1
14,948,955! 17.458,90 J J7,226,193
increase in expenses this October i3
$454,242 last year, making a total of $846,171 in two years in one single month.
In the same time
earnings have increased only $630,347, so that the net has
declined $215,824, and is now lower than in the same
month of any other year since 1881.
In view’of this, we
think the conclusion is unavoidable that, as in previous
Thus the $391,929
in addition to
include some large amounts for
improving the property. On the Western lines, the show¬
ing is more favorable, and the surplus above liabilities has
further increased slightly, and now amounts to $280,485,
against $264,260 for October, 1886, and $127,926 for
October, 1885. Tne same lines show an improvement of
$1,144,589 for the year to October 31, and the Eastern
lines too—notwithstanding the poor exhibits of recent
months—have gained more than a million dollars ($1,012,064) over last year, so that on the combined system the
result is $2,156,653 better than in the ten months of 1886.
As compared with 1885 the improvement is over five mil¬
lion dollars ($5,119,832).
There has been somewhat of a halt this week in the
upward movement in the Wail Street market. Stocks
which were prominent in the rise last week have either
remained stationary or else shown a sagging tendency.
Indeed, if it were not for the fact that some special stocks
took a decided upward turn, the course of the market
might be said to have been downward. As it is, there has
been a loss of buoyancy, with the course of prices irregu*
lar, and the tone somew7hat unsettled. Except for a rise
in Delaware & Hudson, the coal shares have not been
prominent in the speculaiion for higher prices, notwith¬
months, expenses must
standing the announcement on Wednesday that the Read¬
ing and the Central of New Jersey were both to be
taken,out of receivers’ hands the 2d of next January. Nor
have the trunk line properties or the grangers been distin¬
guished for an upward tendency,while Western Union and
the Gould stocks have been distinctly weak. On the other
hand the stocks of the Pacific roads have pretty generally
points higher than a
of a heavy increase in earnings for
October, and aLo of a favorable report from the Con¬
gressional Investigating Committee. At the same time
the
Northern
Pacific shares end
Oregon Trans¬
another unfavorable r statement.
The Eastern system continental were stimulated by the intelligence that the
shows
gain of $252,170 in gross earnings, which is very Northern Pacific had. negotiated the sale of a large
satisfactory as evidence of the continued growth of traffic amount of its new bonds, and been placed in an easy
and business, but this increase in gross results was accom¬ condition financially as the result.
Apart from these,
panied by an augmentation of $391,929a in expenses; Richmond Terminal stock ha3 been strong and higher
hence ^tha net Las been reduced by $139,759. It is on large earnings and reports of the prospective ac¬
understood of course that in a number of particulars the cession of some strong names to the board of directors
a
advanced, and Union Pacific is several
week ago on rumors
690
Tue
IHE
CHRONICLE.
approach of the meeting of Congress mak-'s some
persons disinclined to engage in active speculation, while the
demand upon this centre for mon-^y for Canada,
coming at
a time when the drain to the interior is still
active, also
constitutes an unfavorable feature temporarily. Tue Stock
Exchange has decided to abandon trading for the account.
This method of dealings was introdu:ed a short time
ago,
but no inclination was shown to avail of it, transactions in
that way having been insignificant, and now the
plan has
near
THE
[Vol. XLV.
CAVAL'S PROMINENCE IN
'
THE GRAIN
M J YEMEN T.
Tae present dispute between the trunk lines and the
Grand Trunk of Canada appears to be an
entirely
new
disagreement wholly distinct from the difficulties that have
prevailed more or less among all the lines with regard to
grain rates. In connection with this latter, however, it is
a
point of considerable interest to observe that notwith¬
standing the advantages which the cutting and shading of
been given up altogether. ,
rates may be supposed to have given the railroads in
their
The following statement, made up from returns collected
competition with the canal, the water route has been getting
by us, shows the week’s receipts and shipments of currency an
increasing proportion of the grain movement to the
and gold by the New York banks.
seaboard.
*
Week
ending Xoveinber 25,1887.
Received by
Snipped by
X. F. Ranks. X. Y. Thinks.
Currency
$1,137,000
Gold
Total gold and legal tenders....
|
$1,157,000
Tue above shows the actual
j
Movement.
$2,125,000
1,400,000
IL03S..
$90:5,000
[Loss..
1,400,030
$3,525,000
'Loss.. $2,368,000
changes in the bank holdings
of currency and gold caused
by this movement to and from
the interior and to Canada. In addition to that movement
the banks
have lost
$1,100,000 through the operations of
Sub-Treasury. Adding that item to the above, we have
the following, which should indicate the total lo>3 to the
the
New York
Clearing House banks of
currency and gold for
by the bank statement to be issued to-day.
be remembered, however, that the bank
statement is a statement of
averages for the week, whereas
the figures below should reflect the actual
change in the
condition of the banks as between
Friday of last week and
Friday of this week.
the week covered
It is always to
Week ending Xoveinber 25, 1887.
Into Ranks.
Out
Xet Change in
of Ranks.
Rank
Banks’ Interior
Movement,
as
above
8ub-Treasury operations
Total gold and legal tenders
The Bank of
week.
...
Holdings.
$1,157,000
4,700,000
$3,525,000
Loss.. $2,308,000
5,80o,000
Loss.. 1,100,000
$5,857,' >00
$9,325,000
Loss..$3,463,000
England lost £3 >,000 million during the
£138,000 net shipped abroad and
This represents
£93,000 received from the interior of G-reat Britain. The
Bank of Prance gained 4,5 35,000 francs
gold and 4,100,000
francs silver.
The following shows the amount of bullion
in the principal
European
this week
at the
banks
corresponding date last
and
year.
Xoveinber 24, 1887.
Xoveinber 25, 1886.
Banks of
Gold.
£
England
France
Germany*
Aust.-Hung’y
....
Netherlands..
Nat.Belgium*
National Italy
Silver.
£
Total.
Gold.
£
£
20,275.627
20,275,627
45,495.936 47,701,0^8 93,257,624
20,264,550 17,970,4.50 38,235,000
7,481.000 14,597,000 22,078,000
4,046,000 8,1< iO.OOO 12,152,000
2,542,000 1,271,000
3,813,000
6,983,000 1,118,000
8,101,000
It will be remembered that for
Net Interior
,
Silver.
Total.
7
£
£
20 109 177
9n inn 1*77
52,371,102 45,643,357
98.014,459
17,750,230 15,740,770
6,696,000 13,882,000
6,434,000 8,055,000
2,742,000 1,371,000
33,491,000
20,578,000
14,489,000
some
months the tariff
grain between Chicago and the East has been but in¬
differently observed by the railroads. There was very
littH, if any, deviation on shipments intended for domestic
consumption, but on shipments destined for foreign ports
the concessions have been very
large; indeed if any
credence can be given to current rumors, some of the
roads at one time accepted consignments for
Europe at a
rate no higher, including the cost of ocean
transportation,
than the ordinary charge between
Cuicago and New York.
To put an end to this state of things the trunk line
managers
in September agreed to restore the tariff,
charging the same
on
export business as on domestic busines?. As this
effort, however, was only partially successful it was
resolved in O dober to abolish differentials
altogether on
export shipments, and to charge one uniform rate to
points in Europe via all the Adantic ports, the trunk
lines thus assuming the responsibility for the varying fluc¬
tuations in ocean freights. But just as the
managers were
ready to give this policy a trial, the Grand Trunk of*
Canada announced its intention of insisting on a differ¬
ential in its favor on shipments over its
road, and it is
now
taking grain at 2@3 cents less per 100 lbs. than the
on
United States lines.
in
Tue
recent
action of the
same
road
making cuts
dressed beef rates, and the action of
meeting the cuts, have for the time
being somewhat unsettled things generally.
A recital of these events now is vabuable,
simply as
emphasizing the fact that as the rail tariff to the seaboard
was
not enforced, whatever further
headway the canal
has been able to make against the railroads on the
grain
the trunk
on
liues in
traffic has been in the face of that circumstance. Of
course,
much of the gram arriving at the seaboard is for domestic
4,113,000
consumption, and, on such, rail rates have as said been
107,088,113’ 90,824,138 197,912,251 113,512,509 85,034,127 199,140,030 fairly well observed; but on the other hand it is undenia¬
Tot.prev.w’k. 106,829.845^*0.481
197,313.737 113,091,999 85,385,193 199,077,192
ble that no inconsiderable portion of the whole move¬
The division (between sold and silver)
given in our table of coin and
ment embraces export
bullion in the Bank of Germany and the Bank of
shipments. It is interesting there¬
Belgium is made from
the best estimate we are able to obtain; in neither ease is it
claimed to be
fore
to
note that in October
accurate, as those banks make no distinction in their weekly(the figures for which have
reports
merely reporting the total gold and silver; but we believe the division
we make is a close
just
come
into
our
possession) the canal further increassd its
approximation.
Note.—We receive the above results weekly
by cable, and while
not all of the date given at the head of the
proportion
of
the
grain
deliveries at New York, and brought
column, they are the
returns issued nearest to that date—that
is, the latest reported figures.
in no less than 54-04 per cent of the
whole, as against
The Assay Office
paid $154,076 through the S ib* only 45*10
per cent by all the rail routes together.
List
Treasury during the week for domestic bullion, and the
Assistant Treasurer received the
year in October, when the conditions were not nearly so
following from the favorable to the
Custom House.
water route, the roads then
charging full
25 cents per 100 lbs
Y
>rk.
the canal’s
Cuicago to New
Consisting of—
ratio
was
Date.
Duties.
only 45-63. Hence though total deliveries this
U. S.
On Id
Silver Cer¬
Gold.
year were nearly 1J million bushels less than in the same
Notes.
tificates.
Gertific's.
month last year, the amount
Nov.18.
$182,162 76
coming by canal increased
$4 000
$35 000
$109,000
$33,000
It).
199,055 20
2,000
53,000
In October, 1885, the proportion
117,000
29,000 over 300,000 bushels.
21
502,475 50
2.0001
43,000
'388,000
90,000
22.
oming by canal was only 38-00 per cent, but that was
716,499 04
3,000*
76,00 >
574,000
57,000
23.
after the railroads had been
4.0001
278,042 49
40,000
196,000
36,000
taking grain at very low rates
7,419,000
94 2,000
8,301,000
Tot. this week
*
“
“
“
“
24.
Tot al..
all
$1,879,134 99
$15,000
$247,000 $1,384,000
Included in the above payments were
coin, chiefly standard dollars.
$245,000
$r21,0()0 in silver
.
,
summer.
'
Moreover, this is not an exceptional result confined to one
single month, but has been observed in nearly all the
returns since the canal season
opsned—if anything, grow-
691
THE CHRONICLE.
1887.1
November 26,
derbilt roads with the canal, we get a total of nearly 80
ing more pronounced in the later months. Thus in June
the ratio by canal was 52 30 per cent, in July 47 32 per per cent for these three routes, leaving only about 20
On the exhibit for the
cent, in August 53-44 per cent, in September 53-93 per per cent for all the other routes.
ten months to the end of October, the showingas to the
cent, and new for October 54 04, the latter being
Nor is the prominence of
heaviest for the year.
.
the
the separate roads is somewhat different, the proportion by
the Central having been sligntly reduced, though the
canal limited to one or two cereal®, as formerly. It
West Shoie has increased its percentage as in the case of
extends now to almost the whole range of cereals. Not
October.
On the remaining roads the variations in the
only is the canal increasing its hold on the two main
items of grain, wheat and corn, but making decided percentages of the two years for this period are very
inroads in the case of the other items of grain. Of slight, except as regards the Lickawanna, whose ratio has
been reduced from 8-03 per cent to 4-20 per cent.
The
3,399,840 bushels of wheat in its native state delivered
here during October, the canal furnished no less than canal, however, is just as conspicuous here as in the results
for the month.
Notwithstanding the fact that during
3,274,100 bushels.
Of 2,919,248 bushels of corn, it
667,3i0 bushels of ba^. nearly half of the ten months that route was not open to
ley 533,600 bushels, and of 28,342 bushels of rye 16,600 navigation, it has contributed 36 42 per cent of the
emire receipts at New Yoik, this being a larger percent¬
bushels. In fact, if it were not for the shipn ents of
flour, oats and malt, the railroads would make a very sorry age than in any other recent year, as may be seen from
the following.
showing indeed. Even in the case of the latter two, tl.e
RECEIPTS OF GRAIN AT NEW YORK, BY ROUTES, JAN. I TO OCT. 31.
canal had 485,500 bushels out. of 2,934,500 bushels of
oats, and 90,b00 out of 349,998 bushels of malt.
No Jan. 1 to
1883.
1884.
1882.
1885.
1886.
1887.
Oct. 31.
flour, however, can e by canal.
Bushels.
Bushels.
Bushels.
Bushels.
Bushels.
Bushels.
Another point with reference to the prominence of the
20,908,940 23,202,611 29,488,320 21,361,093 26,843,001 29,974,015
N. Y. Cent.
2524
33-62
20-50
28-27
21-52
20-15
Per
water route, is worth bringing out, and that is that on the
17,070,495 17,3o9,937 20,081,.881 10,4:34,149 24,399,200 18,353,455
Erie
22-94
20-59
17'87
19-25
10-00
17-02
leading cereals the canal excels, even when we take in*o
Per ct.
9,280,440 11,304,513 12,443,832
8,491,633 12,858,2 0
8,103,539
Pennsylv’a..
account the deliveries at the neighboring competing cities,
10-03
1395
10-10
12-33
7’Sb
7-81
Per
4,059,484
4,279,777
4,845,382
8,059,14*
4,356,240
Boston, Philadelphia and Baltimore. At the latter three Del. L. & W
3\31
4-00
i
4-65
8-C3
4-20
Per
8,963,731
the
of
points
receipts
wheat (not including flour of course) West Shore. 8,261*471 0,410,120
8-59
5-95
7-96
ct.
during October were £75,527 bushels, while the rail deliv¬ Vur’usPer
519,332
498,173
4,051
4,975,421
4,889,108
RUs..
5,739,224
delivered 2,748,300 bushels: of
t
.
ct.
ct.
.
ct.
of)
eries of the same
cereal at New Yo k were 121,000 bush¬
els, making altogether less than a million
delivered by rail at all the four seaboard
bushels of wheat
cities, while the
brought in, as said, 3,27 4,100 bushels. Of
corn we get in the same way rail deliveries of
1,045,742
bushels, against 2,748,300 bushels by canal, and ol barley
canal alone
263,186 bushels, against 533,600. We now give our usual
detailed statement showing the receipts at New York dur¬
0-49
5*11
061
453
553
Per ct.
050
.
Total RRs.
Kiv.& coast
04-54
03-11
08-72
940,655
1,747,808
3,008,543
1,983,987
3,107,619
2.097,013
0-91
1-02
2-88
36,124,193
33-96
33-30
23-39
34-41
30-42
293
2-16
24,390,887j 30,617,851
37,793,900 37,094,520
Per ct.
01,269,475
73-73
Per ct.
Canal
07,125,590
63-97
62-07
.
59,330,886
70,901,574
08,908,551
65,039,909
Per ct
91,932,724 100.357,432
Total all... 103.774.464 107,810,939 104,307,004
2;35
25,786,935
2893
89,153,-.
8
earnings that the trunk lines
derived from the grain traffic, it is more than ordinarily
In the first plac°, it is im¬
ing the month by each of the various routes, rail and difficult to make an estimate.
water.
It will be observed that of all the years embraced possible to tell what proportion of the total receipts was
in the exhibit only one can show a larger percentage for domestic consumption and what for export, and in the
by canal, in October, than the present year, namely 1884, second place there are no data for determining the precise
when the ratio was 54-25 per cent, against 54-04 per cent amount of the cut on the latter.
We think, however,
reference to the
With
100 lbs. from Caic go to New Yo:k
for the month, and this compares
with full 25 cents a year ago, and 20 cents in October,
1885.
On that basis, and allowing on.-half the amount
in each case to the lines east of Buffalo, the revenue to
that 22 cents
now.
RECEIPTS OF GRAIN AT NEW
N, Y. Cent ..bush.
.
bush
tr 24
606,624
Per cent.
1.033,004
691
541.149
40 2,213
362
3-04
Per cent.
Per cent.
1,485,373
10-15
1,007,011
7-28
494,557
337
1883.
2,489,065
15 50
3,133,310
19-52
1,100,102
6-H5
15-70
1,039,038
1 P93
500,310
62,385
0-57
773,259
528
leading roads to New York would be about as
follows.
APPROXIMATE GROSS REVENUE FROM
3-12
4«,915
35,123
0-30
025
1S87.
*
44 55
176,896
3 30
4,215,161
38 On
1-20
7,951,3< >0
54 25
45-29
257,015
1-00
8,525,300
53-11
0,87",407
50 03
177,705
1-28
0,689,718
New York
Central
Erie
Pennsylvania.
Del. Lack. & West
West Shore
48-69
Total
13,227,325 14,950.060 11,091,156 14,658,722 10,052,119 13,743,890
Note.—In the above table flour has been reduced to grain ou the basis
of 4^ bushels to a barrel, and no distinction made iu the weights
of the different kinds of
the five
THROUGH GRAIN TONNAGE.
Jan. 1 to Oct. 31.
.
5S"70
4563
2215
2,158,621
per
fair average
October.
304,000
6,824,260
3,043,685
a
7-18
53 06
1-31
1882.
would be
795,745
195,392
54-04
Per cent.
1-40
18 47
45-10
7,148,4)00
bush.
155,777
2,707,326
113,044
0-86
Per cent.
8-20
1884.
7,936,408 6,511,395 6,530,526 7,209,774
5,905,381
River & coastw.bu.
Total all ...bush
6-If.
8*40
Various HRs.bush.
1,932,371
17-42
921,792
1,111,501
2293
910,940
3-21
Per cent.
2,654,177
14-28
6-32
424,544
I’er cent.
1885.
915,660
4-59
Del. L. & W..bush.
Canal
2,136,299
1,222,611
Pennsj lv’a. .bush.
Total HR..bush.
15" 7 7
1602
I’er cent.
West Shore..bush.
2,357,904
2,197,868
Per cent.
Erie
1886.
1887.
October.
YORK BY ROUTES DURING OCTOBER.
bushels, all being added together on the same
basis.
Hence
last year
..
there
is
,j
j
1886. '
*
95.0001
133.000
53,000;
20,000
120,000
19,0001
48,000!
241,000!
52,000
a
53,000
58,000
410.0(H)
decrease
1885.
1887.
|
1
1880.
1885.
$
*
$
*
119,000 1,< 88,000 1,303,000 1,105,000
738,000
87,000 95 ,000 1,027,000
41,000
413,000j 500,000 483,000
180,000
230,000
515,000
7,000
439,000' 377,000 321,000
36,01
290,0
as
J,125,000i 3,782,000 2,833,000
compared with October
in the case of every one of the roads—8ven
West Shore, which carried a larger quantity of grain
than in 1886, showing a reduced revenue. Toe reasons are
first the lower rates, and secondly the fact that so large a
prominence of the canal, this statement
brings out another characteristic of the movement the proportion of the deliveries by railroad were oats, which
present year.
It shows that the two Vanderbilt roads, weigh only 32 lbs. per bushel, while corn weighs 56
Besides
the
New York Central
and
increased their
West Shore, like the canal, have
Of couise, this reven- e from
through grain tonnage is no gauge t f the general course
lbs.
and
wheat 60 lbs.
proportions as compared with last year ; of
earnings, as may be judged from the fact tint both the
percent to 16-62 percent, and the Pennsylvania and the New York Centra' in their October
latter from 6-91 to 8-40 per cent, while the other roads— returns show very
It indica es rather what
large gains.
the Erie, the Lackawanna, and the Pennsylvania—have a decided improvement there must have been on these
roads in general traffic.
Sustained very heavy reductions.
Combining the Van¬
the former from 15 77
THE CHRONICLE.
692
The annual
ITS SURPLUS.
report of the President of the
Baltimore &
XLV.
debt, not to speak of the accumulations of floating
obligations or the amount of new consolidated bonds
that may be necessary to take them up.
Note, now, the end of this policy. The P. esident gives
in his report each year an item stating tiu increase in
profit and loss account during the twelve months. This
increase in profit and loss is nothing more nor less than
the surplus of earnings remaining for the year after de¬
ducting dividends and all the regular annual charges. For
the late year the increase is stated at only £36,259, after
allowing for the dividends of 4 per cent each paid in
November, 1886, and May, 1887.
In other words,
though the stock of the road i3 very-small (less than 15
of
HO WBAL TIM ORE & OHI0 LOST
[Vol.
new
1870-92
lengthy document,
and this time is shorter than usual, as perhaps is natural
considering that the present occupant is'holding office only
temporarily. The few facts and figures, however, that
the report does contain, are full of meaning.
Standing
by themselves of course they seem to possess little signifi¬
cance, but when contrasted with similar results and
figures for previous years, they point a lesson so obvious
that even the wayfaring man we think cannot fail to see it.
To say that a great change has come over the affairs of
the Baltimore & Ohio is to say what (after recent develop¬ million
dollars), and the requirements for dividends,
ments) everybody knows. The measure of that change, therefore, proportionately so, the company had a very
however, and the exact causes that have produced it, are trifling balance on the year’s operations. But the signiHot so clearly within the knowledge of the public. A few ficance of this
only becomes apparent when we contrast it
years ago the management was everywhere regarded as a with the result for previous years.
Here is a comparison
model one among railroads.
Its reputation was excellent? of the yearly surplus for 10 years.
its finances in splendid condition, its stock small and
SURPLUS ON YEAR’S OPERATIONS.
$972,<107 1882-83
*$1,805,821
wholly free from water, its dividends regular and well
1,092,739 1883-84
1,940,318
assured, its earnings large and increasing—in short, it was 1H79-80
2,356,984 1 1884-85
110,813
1,637,058 1 1885-80
232,843
enjoying unqualified prosperity, and among all the railroad
1,048,979 t 1880-87
30,253
properties in the country it was the last one that seemed
After charging off $854,846 for loss incurred on Marietta A Cincin¬
in danger of being overtaken by a calamity.
To day its nati, Ac.
Thus though the balance has been small for three
control has been surrendered into the hands of a syndicate
of bankers, in return for aid furnished in relieving the years, that of the present year i3 the smallest of all—and’
company of financial embarrassment, while at the same this at a time, too, when all the other trunk lines are
time dividends have been suspended, and the future of the showing decided improvement. This alone would be suffi
property—except to those who wisely see in this very cient to stamp the result as exceptional and the work of
change the assurance of a more prosperous state of things special causes. But in addition observe that against the
—seems doubtful and problematical.
If the reasons for $36,259 surplus for 1S86-7, the surplus on the 1883-4
this wonderful transformation can be clearly established, operations was $1,940,316, and on the 1882-3 operations'
we think the experience will be woith relating.
$1,855,821, in the latter case after charging off $854,846
loss
incurred on connecting lines, so that the surplus was
To what, then, does the Baltimore & Ohio owe its present
disaster ?
The answer is simple.
The road has had a really $2,710,667—and that, too,, after the payment of
policy—a policy inaugurated by the elder Garrett, but in¬ 10 per cent in dividends, instead of only 8 per cent, as in
herited by the sen, who, zealous to carry out the father’s the late year.
The falling-off from this large sum to the
idea, went further perhaps than the father would have gone present small one, is the combined work of heavier
had he been confronted with the same obstacles. Hence it charges and diminished net results.
But this is on’y a partial illustration of the way the
was that when, in 1885, theothertrunklir.es harmonized
their differences—the Central taking the West Shore and company’s policy has worked.
Except for what has been
taid
the construction of the South Pennsylvania being stopped
above, it might be supposed that the poor exhibit
—the Baltimore & Ohio did not become imbued with the made, must follow in part at least from a falling off in traffic.
The. company carried less grain to
same spirit, but pursued its policy of
iuu wuucu
aggression, if any
thing with more determination than ever. The road Baltimore the. las year, and also less live stock and lum¬
ber than in the previous year, but its tonnage of through
must reach Philadelphia—nay, must push through Phila¬
delphia and on to New York.
The company had merchandise, east and west, increased no less than 800,000
At the same time the total
previously been very conservative in its new work; tons, or about 30 per cent.
various extensions had been made—some of which being coal tonnage increased about 450,000 tons, though on
severly ctit.icised, but justified by the result—and a point some of the divisions there was a falling off. Moreover,
traffic have been increasing year by year,
was finally reached where nearly all the divisions were self- i; both kinds of
sustaining on their own operations, not to speak of their 3 as may be seen from the following.
contributions to the traffic of the main stem.
Perhaps it
1883-84.
1885-86.
1886-87.
1884-85.
Ohio Railroad has
never
been
a very
i
*...
*
was
the
success
further and
in
these
that
prompted the
At all events the company went
plans almost regardless of financial results;1
for instead of seeking to avoid rivalry, its every effort
seemed to encourage it.
Rates were reduced, concessions
made to shippers and travelers, the one idea apparently
being to get traffic no matter what the cost. Meanwhile
the debt was increasing at a very rapid rate.
First came
the issue of $11,616,000 4-\ per cent bonds on the Phila¬
delphia branch, then came the $10,000,000 of 5 per cents
secured by Pittsburg & Gornellsville collateral; this was
followed last year by the 4-1 million 5 per cent mortgage
on the
Schuylkill East Side road, while in the current year
the company has issued a 2-J- million
per cent equip¬
ment loan, making altogether a total of over
28£ millions
on
with its
larger step.
efforts
(
coke
Coal A
1882-33.
:
carried
On main stem (t’ns)
2,581,557
Of which for cornOn
pany’a use
Pittsburg Piv..
On Trans-Ohio Diva
3,268,521
3,487,170
3,673,448
•1,209,477
.
409,095
439,912
2,402,130 .2,157,696
684,GOG
966,458
413,544
2,003,982
909,591
489,361
553,114
2,427,238
1,329,681
2,137,227
1,168,859
-
363,015
-
On
TMiila. 1)iv__
__
~
.
Total.
(
7,878,608
5,668,383
6,392,675
6,400,746
7,430,367
717,258
6,415,550
3,472,940
766,163
3,200,025
8,1583,850
752,150
1,274,542
3,437,159
9,474,275
6,600 027
12,770,392 11,553,052 13,04.8,258 13,718.428
82,187
90,530
67,890
70,220
92,-31
93,332
107,398
86,560
12,977,035
2,731,119
3,537,207
Carr ieil to Baltimore.
Flour.
bids.
Wheat
Inlsh.
701,935
6,633,443
bush.
4,935,900
Corn
Total
kinds
Live
stock
Lumber
5,223,770
grain of all
bush.
tons.
tons.
43,220
70,103
Through menh’d’se,
Kft11 A West., tons.
2.1-08,325
2.275.252
2,338,1 17
Ordinarily this would be regarded as proof of the devel¬
opment (f the company’s business aid the steady growth of
November 26,
,
THE
1837. J
CHRONICLE.
In the present case it is natural to
regard it as not
altogether legitimate—that is, in part the
result of traffic
traffic.
693
Take first the
main
stem.
That
shows
an
increase in
said, the conclusion is natural (in view of
what we
know about the company’s past policy)
that a large amount of traffic was carried at unprof¬
itable rates.
If we go back to 1882-83, we find the road
had only 2,108,325 tons of through merchandise, against
3,537,207 tons now, while its coal traffic was only 5, 668,383
tons, against 7,878,60S tons. In the face of this great expan¬
sion in traffic, however, gross earnings have increased only
$919,199, while net earnings have been reduced $2,166,918.
By going one sfep further, we can make the argument
still more conclusive. The effects of the policy pursued
should of course be most marked on the divisions where
the competition with rival lines was most active and
severe.
This is precisely what we find. To bring out
that feature we give below the gross and net earnings
separately on each of the ten divisions for a series of
compared with the previous year ofincrease of only $316,978 in net earn
ings. Here, however, the effects on through business
may have been modified by the results on local business.
The Chicago division will therefore afford a better illus¬
tration, because that division gets very little local traffic.
In that case the exhibit is very striking.
There was a
trifling decrease in the gross, but a heavy augmentation
in expenses, so that the net has been reduced from $269,917 to $81,122.
As against this $81,122 net for the late
year, the net of the same division in 1883-4 was $488,988 and in 1882-3 $573,503, so that while but a short
time ago this division earned the charges on the bonds
out on it, with a surplus besides, now it does very little
better than meet ordinary operating expenses.
So too
with regard to the other divisions; the results are poor,
est on those affected most by the through business, and
best on those having the least amount of that business.
Notice for instance that on the Parkersburg branch net
has been reduced from $161,347 in 1885-6 to $88,957 in
1886-7.
Notice also that the Philadelphia line, on which
such a large debt has been incurred, fell $76,221 short of
meeting its operating expenses. Tnen note that on the
Central Ohio division the net has been increased from
$478,523 to $530,36S, and is now the best for all the
years.
years
gained only by sacrificing profits. And this view is sup¬
ported in great measure by the figures of gross and net
earnings. Thus we find a gain (on the entire system) of
$2,236,598 over the previous year in the case of
the gross, but a gain of only $152,210 in the case of
net.
the
Admitting that the cost of operating
has increased, that fact alone could not account for
extraordinary augmentation
the
shown in expenses.
Hence, as
1882-83.
1883-84.
-
^
(Balto. to
Br'nches)-
Main Stem
Wh'ling and
Gross
$
Net earnings
earnings
t
$
1
5,703,352
9,840,613 '11,201,348
5,820,247 0,858,004
3,909,900
4,026,300
4,343,344
.
5,432,183
5,237,742
340,505
124,257
335,944
155,013
315,308
120,537 !
325,321
90,815
380,-100
88,839
222,248
180,331
194,771
234,506
291,501
an
given,and that the Pittsburg & Connellsville likewise
the result of the im¬
provement in the coal business—while the Lake Erie divi¬
sion which last year had very large net, now has a reduction
only from $309,711 to $291,864, though in the case of the
a
heavy gain—in part, however,
Straitsville the falling off is more pro¬
Newark Somerset &
nounced.
a
different
one
could be offered for
Expenses
Net earnings
Cent.Ohio Dio.(Bellairc
to Columbus) —
Gross earnings
-Expenses
earnings
003,044
738,527
478,4 06
043,103
501,440
547,757
498,909
501,097
070,830
587,873
200,001
141,723
48,848
161,347
88,957
1,103,839
1,10.9,773
793,135
1,000,106
764,310
1,270,470
710,050
791,953
1,283,520
753,158
387,789
370,038
295,850
478,523
530,368
999,128
707,347
1,016,508
754,808
817,785
097,800
1,013,014
703,303
1,080,463
788,599
291,781
201,700
119,919
309,711
291,864
1,878,10)7
1,304,004
2,046,881
1,5.57,893
1,724,612
1,463,007
2,098,568
1,828,051
2,070,033
1,988,911
,573,503
488,988
261,005
269,917
81,122
substituted, the be3t augury that
the future ?
IMPORTS AND EXPORTS FOR OCTOBER.
The Bureau of Statistics has issued its detailed statement as
follows.
MERCHANDISE.
For the
month of
October.
r
Lake Erie IHv.(Newark
to Sandusky)—
Gross earnings
Expenses
Net earnings
Chic. Div. (Chic. June.
O., to Chicago, III.)—
Cross earnings
Expenses
:
Net earnings
Wheeling &
Pittsburg..
{Wheel g toPittsburg .)Cross earnings
115,879
75,407
Expenses
Net earnings
40,472
254,021
223,732
30,289
299,372
291,531
7,841
446,259
432, S09
405,010
484,540
$74,995,351 $556,4 63,967
10,053,589
3,054,651
$76,050,005 $566,517,550
Total
60,863,938 596,693,221
Imports
Excess of exports over imports $15,186,067
$30,175,065
Excess of imports over exports
$08,551,137 $543,966,911
1886.— Exports—Domestic
11,328,931
1,078,903
Foreign
$097633,040 $555,295,842
Total
55.3,059,912
$2,235,930
Excess of exports over imports $11,827,77S
Excess of imports over exports!
Foreign
GOLD AND
Foreign
Total
Foreign.
Expenses
19,512
Net earnings
118,430
147,532
214,291
179,083
383,011
180,435
758, clef.29,102
35,208
2,570
168,533
107,775
Pi t ts.Jc Co nnllsvAPit
to
Cumberland
A- Br's)-
Expenses
Net earnings
1,252,095
1,999,960
1,220,541
2,430,085
1,587,601
2,599,074
1,594,810
1,012,132
773,419
842,421
1,004,204
2,813,172
1,334,897
2,294,827
1,478,275
Silver
114,70!
99,521
15,240 clef, 70,221
Not earnings
Expenses...
Net earnings
|
-
11,034,014 11,670,307 10,973,585 12,035,743 14,120,131
8,705,823
7,760,301' 5,043 057
6,380,6(5 6,538,905
$312,503
$8,388,304
$1,204,813
1,123,658
$15,070,643
$2,388,471
$2,700,971
$12,890,182
1,449,510
$14,339,728
$21,473,018
0,390,375
$29,861,322
$41,131,958
13,191,634
$54,023,592
imports
exports $11,638,754 $21,702,270
$263,212 $31,737,631
1886.—Exports—Gold—Dom...
'
Foreign
Silver—Dom...
718,741
794,902
Tot of all lines op'rat'd-1
Cross earnings
19,739,837 19,430,60v 16,016,642 18,422,438 20,059,036
$4,348,881
4,039,423
Excess of ex port H over
Excess of imports over
Total
Expenses
Total exports
Imports—Gold
/)/,•_
Cross earnings
'
Total
Total
Gross earnings
Philadelphia
$312,503
1887. —Exx>orts—Gold—Dom...
13,450 clef. 18,930
$712,016,486
12,609,249
$724,625,735
707,062,49,8
$17,503,237
$683,678,230
13,343,618
$097,021,848
655,873,61 6
$41,148,232
SILVER—COIN AND BULLION.
Silver—Dom—
104,781
145,209
For the 10
For the 12
Months ended Months ended
(jet. 31.
Oct. 31.
1887.—Exports—Domestic
Lew'rk Som.A Straitsv
(N'w'1%0 ,to Sh'ivnee)Cross earnings
road where the
unfavorable results of a given policy could be so clearly
traced as in the present instance.
This being the case is
not the fact that that policy has now been abandoned,
and
Parkersb'g Br.(Grafton
to Parkersburg)—
Gross earnings
Net
i
9,733,252
as
Altogether we have never known a
Washington Branch'
(Rclay to Washington)—
Gross earnings
Expenses (partial) —
Net
9
9
11,579,839 11,500,958
0,147,050 0,209,210
earnings
earnings
$1,354,735, but
has
1885 86.
1884-85.
gross
Foreign
Total
Total exports
Imports—Gold
Silver
Total
Excess of exports over imports
Excess of imports over export s
800
8,884,999
$264,012
$935,2 10
797,849
$-10,622,630
$13,196,578
$1,733,089
$1,997,101
$5,412,995
$21,350,874
$01,973,504
$20,312,767
1,576,237
$0,989,232
$4,992,131
8,15 1,296
13,414,838
$33,757,605
$28,215,899
$‘4,999,759
4,049,137
$9,048,890
$18,132,412
9,015,703
$27,178,120
$36,227,016
$02,098,372
17,300,261
$79,398,633
$13,171,017
$32,393,735
9,957,329
$42,851,064
$10,557,974
10,106,736
$20,001,710
(* 09,515,774
$31,059,316
Dl, 170,498
$47,229,814
522,285,960
CHRONICLE
THE
69t
[Vol, XLV.
imports, we find that the receipts the first half of
£178,867,159—an increase over the correspond¬
For the 12
For the 10
ing period of £8,026,516. At the end of October the aggregate
Months ended Months ended
was £294,953,817, and the excess had increased to
Oct. 31.
Oct 31.
£9,485,669,
disclosing
This
shows
a further gain of £1,459,153.
clearly a
$575,889,491 $735,148,657
25,704.094 more liberal movement in trade which the steady develop¬
20,489,387
$596,378,878 $760,852,751 ment of the goods traffic on the leading English railways
651,316,813 786,461,131
proves to be still going on.
$54,937,935 \ $25,608,330
Growing ease has been characteristic of the money market.
$588,901,120 $733,129,939 The
competition of bills is very keen and they are now nego¬
28,368,226
case
TOTAL MERCHANDISE AND COIN AND BULLION.
of the
the year were
For Hie
month of
October.
“
$76,572,670
2,178,309
Total
$78,750,97
75,203,666
Imports
Excess of exports over imports $3,547,313
Excess of imports over exports
1886 —Exports—Domestic
$69,752,589
1,877,552
Foreign
33,407,683
Total
$71,630,141 $017,209,340 ,$706,537,022
01,794,494 586,817,517 703,103,430
Imports
Excess of exports over imports
Excess of imports over exports $9,835,047j $30,451,829
1887.
Exports—Domestic
Foreign
j
j $63,434,192
IMPORTS AND EXPORTS BY PRINCIPAL CUSTOMS DISTRICTS.
October, 1887.
Customs Dis¬
tricts and
Ports.
Imports,
i
Exports.
Imports.
Exports.
10 months ending
Oct. 31
10 months endvig
Oct. 31.
1887.
1886.
I
Baltimore.Md.
Boston, Mass.
Buffalo Ck.N.Y
Champl’n, N. Y
Charlest’n, S.C
Chicago. Ill
Cincinnati, O.*
Detroit, Mich.
Duluth, Minn.
Galvest’n.Tex
Milw'kee.Wis.
Minn’s’a.Minn
Mobile, Ala...
New Orl’ns,La
New York.N.Y
Niagara, N.Y..
Norfolk, Va...
Oregon. Oreg..
Oswega’ie.N. Y
Oswego, N.Y..
|
$
3 ,120.4141 11,424, 574
4.981 .047 4 ,682,489; 54,650, 350
812 ,478
4
103,048
4,503 199;
601, ,383;
186,038
3,252 ,060 ' 2
9 ,094 3,75
34S 086;
756,>-23
2081 9
1,148, ,555
273,066( 10,461,
188, ,093
2,068 760
820. ,487 '
434.116! 2,276. 638
21 ,082
219.827
147 904
,986
4
78,
653, 306
209,808!
51, 375
525, ,9921
59. 782i
73,436;
2,022 ,614
18
7,35'ii
6* ,247
860, 415 11 749,624
8,090, ,372
6
39,532, 438 27 572.8 »8 392,177, 831 364
480, ,9o6
2
+3,560
2,838, ,514)
692 ,083;
2
329
84.678
254 457
Philadel’a, Pa.
1,206.758'
2,785,018;
San
84,322
3,87 5,975
Portland, Me..
Fran., Cal.
Savannah, Ga.
8t.
Louis,Alo.*
Vermont, Vt..
Willamette,Or
Wilmi’g’n, N.C
Yorktown, Va.
j
212,0 5
627,817
41,617
266
47,864
149.6761
$
$
013,892 41 819,707i 37.554,584
841.671! 45 758,689 48,477,198
721,576|
362,153
505,186!
054,557
461,194
r 00.865
362,360
1,401,498
10,897,621
1,906,717
563.323'
,770,332
,558,055
086,939'
685,422
4,006,962
531,441!
2,376,496
623,359 10.726,137
59.47 L
537,3441
394.132
624,410!
989,841
725,598
38,394
,282,001;
2 ,105,503
776,129
821,833i 56, 945,815
549,147 256 910,844'260 ,695,365
229,950
+39,189
+57,262
7 ,146,738
,726,667
48,209
166,988
,001,898
,311,555
,573.3291
920,239
405,383
558,604
,19C, 777
934,016
084,2611
039,131
,152,876
,867,945
,703,978
,144,3H5
,831,982
,680,3o5] 23, 924,933
231,469 16 ,198.339
,754,584
2 ,536,307
4, 569,991'. 1 ,179.80S
1,400,311
325.082
2 ,249,694
4,753,474
,138,018
14\321; 4
3,278,004
4.375,0S4
64,003
7 ,161,049
51 985,
228, 537
1,889, 082
2,918, 827
262,-20
,765.489 33,684, 944
80,621
1,685, 220
,785,654! 35,220, ,609
92, *19
,061,917
2,629, ,875
119,929’ 4,761, 553
377, 441
371,923;
127, ,843
,699,459!
899.951
375, 536
I
'
i
60,863,938 76,050,005 590,693,221 553,059,912 566,517,556 555,295,842
Remaining in warehouse October 31, 1880"'
Remaining in warehouse October 31 188?
*
1886.
Interior ports to which merchandise -can
$29,351,281
$2*.039,939
be transported without
appraisement, under act of June 10, 1880.
t Incomplete, in the absence of law providing the m vius of collecting
the statistics of exports to adjacent foreign territory by railroad cars
and oth*
r
land vehicles.
^XouctavBgCCommcfcialguQlislv jlctus
[From
our own
correspondent.]
London, Saturday, November 12, 1887.
healthier condition of trade are multiplying.
This week we have had presented to us some unquestionable
evidence on the subject.
The Board of Trade returns for
October prove conclusively that we are doing a better all¬
round trade, and although we have to thank the United States
for the larger portion of tlie increase in our exports, greater
animation is apparent as well in our dealings with other quar¬
ters.
Confidence respecting the future is undoubtedly becomhig stronger, and the belief frequently hitherto expressed
that as the year grew older trade would become more active
is being verified.
At the same time it is noticeable that the
reports from all the leading centres, whether of the textile
manufactures or the hardware industries, although acknowl¬
edging the stronger position of trade generally, state that
business has been ‘•quiet," or only about up to the "aver¬
age." In view of the facts disclosed by statistics, only one
construction can be placed upon this circumstance, and that
is that the operations now being carried on are of a legitimate
character, and that the better tone existing is not appreciably
due to speculative manipulation. It may therefore be assumed
that the profits earned are real and tangible.
The improvement in our foreign trade during the past four
months has been very decided.
The gross value of our ex.
ports for the first half of the current year was £104,295,890, or
£934.128 more than iti the corresponding period of 1880.
For
the ten months the aggregat ■ shipments were £181,835.015—
an increase over last year of £1,091,822.
That is to say, the
increase lias expan led from £934,128 to £4.094,8*22. or by
£•5,100,694. This is certainly a satisfactory result, even after
allowing for the reduced volume of business transacted during
June—the exports for that month falling short of those for
1880 by £1,215.035—owing to the jubilee celebrations; which
caused some operations to be deferred until July. Taking the
Signs of
on
following return shows the position of the Bank of
The
England, the Bank rate of discount, the price of consols, &c.,
compared with last three years :
0 rculation, excluding 7-day and
other bills
a
1887.
1880.
1885.
£
£
£
•24,827,255
24,691,570
24,301.495
3^271.245
8,140,763
Other deposits
Government securities
22,588,562
12.509 980
Other securities
18,907.659
Reserve of notes and coin
12,203,432
Pablic deposits
Co:n and bullion
20,364,627
Reserve to liabilities
47' 11) p. c.
23,785,340
14,385,215
19,466,154
10,939,682
20,016.937
40H p. c.
4 p. C.
4 p. c.
Rank rate
10215-lGd-
C msols
Messrs.
101)4
100.046,000 l 99,092,000
Cle tring-House return
1884.
■!
£
25,3'>8.390
2,885,910
4,444,050
25.161,699 22.640,007
14,317,210 13.312,078
19.816,113 21.S66.639
11,772,543
9,760,819
20,713,918
41p. C.
19.319,209
33*4
P- c.
3 p. C.
5 p. c.
100 5-161.
100 3-16d,
92,765,000 97,040,000
Pixley & Abell write as follows on the state of the
bullion marker:
Gold.—A good demand for the Continent lias again sprung up. and the
Bank of England has received only £139,000 of the arrivals, which are—
£109,000 from Chile, £205,000 from Egypt, £27,000 fromc\Ve.st Indies,
£21,000 from South America; total, £422,000.
Silver, after gradually receding to 43r\sd., at which price some
changed hands, improved quickly upon keen inquiry and short
supplies, until to-day we are able to quote 437sd. Arrivals are 2*0.000
from Chile and £139,000 from New • York—£219,000.
The l\ A O.
steamer takes £43,000 to Bombay.
amounts
Mexican Dollars.—Some
during the week.
Totals, (in¬
cluding all!
oth’r Dists.)
337,2941
18S7.
low terms. Loans also are but little wanted and
have been obtainable at 2 per cent.
tiated
There
coin, valued at
is
none
now
about
£30,000, has arrived
offering, and the market is
nominal.
The
Chancellor of
the
Exchequer will soon have some
heavy windfalls, owing to the demise of very wealthy people
whose properties will be subject to our inheritance tox.
Mr.
Hugh McCalmont, Baron de Sterne, Mr. Russell St urges,
formerly of the firm of Baring Bros. & Co., and Lord Wolverton, have recently died.
The value of the four estates is
calculated at from twelve to fourteen millions sterling, on
which the tax will be about 2400,000.
An old-established telegraph company is about to disappear
from the scene.
The Sub-marine Cable Company, which has
hitherto had the monopoly of the telegraphic
business
between France and England, will cease to exist next year,
owing to the refusal of the Government to renew the con¬
cession.
The French Government were disposed1 to renew for
a further period of seventeen years, but the British Govern¬
ment has decided definitely not to do so. and has already
arranged with the German. Belgium and Dutch governments
for the transmission of messages.
The British Government
will take over the company's cables at ‘‘electricians’value,”
but will pay nothing for good will.
The fresh capital creations for the week have been :
LOCAL.
Automatic Accident Insurance Box Company (Limited), £1
shares
li. Bell & Co. (Limited), £5 shares
do
Five per cent debentures
I). C. Green Compressed Air Forced Draught and Ventilating
Company (Limited), £5 shares
Ilooley (Limited), 4 p. et. debentures
do
£5 preference shares
do
£5 ordinary sharps
...
*F.
£90,000
100,000
3O,000
75,000
50,000
40.000
30.000
COLONIAL.
New Zealand Antimonv Company (Limited), £1 shares; capi¬
tal. £250,000, first issue
£125,000
British Broken Hill Proprietary Company (Limited), £5 shares. 1,200.000
'To
acquire existing business.
Vienna advices state that the
new
Servian loan will be
taken up by the German National Bank.
The conditions will
be the issue of 25,000,000 francs rente at 5 per cent interest,
the
price of issue being 73 per cent.
October’s Board
of Trade returns
are
not
unfavorable, a
expansion being noticed both in the imports and exports.
gain in the former is £1,495,908, and of this £709.201 is
on account of raw material for textile manufactures.
In cot'
ton alone there has been an increase of £1,020,038, and some gain
is shown in silk and jute: but wool, flax and hemp all disclose
a falling off.
The value of the wheat imported was about
£275.000 less, owing to the contracted receipts from America.
fair
The
of the demand, and
although no actual recession in values can be reported, the
firmness has been less decided, and the advantage has, if any¬
thing, rested with the buyers. The present weakness is, how¬
ever, looked upon as temporary, a return of firmne-s being
anticipated. The average price realized for home-grown wheat
for the week ended Nov. 5 was -30s. 3d. per quarter.
So far
this season the price has ranged from 28s. 5d. to 30s. 3d., and
current prices, therefore, though still very low, are Is. lOd.
per quarter above the lowest point.
The average for the sea¬
son, however, compares unfavorably with last year to the
extent of Is. 7d. per quarter, being onlv 29s. 3d., against 30s.
lOd. per
quarter.
following shows the imports of cereal prodtice into the
United Kingdom during the first ten weeks of the season,
and other items, compared with previous years:
The
show that we have still a good customer in the
United States; but we have not sent so much machinery
across the Atlantic.
The ten months’ gross exports exhibit a
gain over last year of £4,090,822.
The following are the totals of the imports and exports dur¬
ablv, and
ing October
<£
Colonial Produce.
.1885.... 29,677.32?
1886.... 29,"54.399
30,550,307
—
Oats
Peas
Beans
Indian
r
Flour
<£ Colonial Mdse, die.
Oct.
10 Mos.
£
£
10 Mos.
£
309.712.458
18,674,498
18,224.823
18,736,201
179,362,729
177,740,793
181.835,615
5,467,923
5,391,753
5,340,977
48,812,657
47,693,136
49,757,423
during October, so far as
,
Quantity.
and bulls
Sheep and lambs
No.
No.
No.
Wheat-Atlan.ports.cwts. 1,095,228
Pacific ports
936,967
cwts.
cwts. 1,103.269
153,619
cwts.
10,496
cwts.
Flour
Bacon
Beef-Salted
Fresh
cwts.
cwts.
Hams
;
Meat, unenimierat’d.cwts.
Preserved
cwts.
cwts.
cwts.
cwTts.
Pork—Salted
Butter
Cheese
Fish
Lard
cwts.
...cwts.
Sugar, refined
Copper ore
cwts.
tons.
Regulus, Ac
tone.
Unwrought and partly
wrought
tons.
Cotton,
cwts.
raw
Tallow
cwts.
WoodA timber—Hewn. Ids.
Sawn and split
loads.
Clocks
No.
Leather
lbs.
7,552
11
£141,430
125
12 <
165
760,714
373,066
1,260,462
409,862
314,544
589,128
278,591
14,929
271,175
64,584
49,198
156,308
18,747
59,562
36,559
80
636
27,676
9,907
11,587
14,912
8,517
63,493
1,312
44,191
183,7,4
53,217
1,850
69,671
3,344
2,677
141
9.863
5,815
1,736,225
21,441
6,580
8,178
2,743,857
19,273
22,497
21,669
13,350
18,281
138,199
2,987,069
No.
bbls.
140,836
tons
galls.
Spirits
Wool
lbs.
Cotton piece goods...yds.
Jute—Yarn...
lbs.
Piece goods
yds.l
’
lbs
Linen—Yarn
Piece
goods..yds.
Bilk broadstulfs
yds.
Other articles of silk only
Articles of silk and other
materials
Woolen fabrics
yds.
Worsted fabrics
yds.
403,200
566.00 1
,261.700
2,649,500
64,300
yds.
51.900
15,882
Bar, angle, Ac..tons
225
tons
Railroad
Hoops, sheet,Ac.tons
Cast and wro’t. .tons
Old, for remuftr.tons
Tin-Plates
.tons
8teel, unwroufflit
tons
Tin, unwrought
cwts.
Lead
tons
23,901
622
14,751
2,948
339
200
2,859
Bags and sacks
Cement
64,256
4,035
20,962
21.060
24.463
24.784
16,188
282.812
109,144
583
2,DSL
1
921
96,275
15i,0 *9
11,734
35,905
72,309
4,241
64,366
20,840
4,617
25.402
331,600
90,138
3,116
13
2,475
44,727
5,330
cwts.
348,004
doz.
25.760
cwts.
5,26 0
Earthenware & porcelain.
Paper—Writing, printing,
46,274
11,499
10.838
100,7 19
2,827
247,076
48,059
17,906
Stationery.oth’rthan pap’r
The movements in precious
10.756
13,50 >
1 5,068
70,03 *
7,161
35,714
81,872
87,073
2,359
1,261
1,644
53,721
6,713
3,160
52,909
6,371
361
70 4
473
448
Ac
cwts.
All other kinds.cwts.
Skins and furs..
metals have been as follows:
To and from all Countries,
i
To and from United Sta'es.
GOLD.
Imports in
4,561
53.010
211
Other kinds of machinery.
Apparel and slops
Alkali
9,321
43,961
10,831
79.834
4,247
149,925
1,446
8,826
Steam-engines
Haberdashery A millinery
7,089
2.3 *2
7,947
403
61
1887.
66.G39
151,690
12,474
26,676
43,987
1,529
14,534
3,867
1885.
1880.
£
£
895.443
1.103.718
„Do
10 months. 10.197,101 12.107.877
820.023
Exports in < >ct
1.409.154
I*u
10 months. 8,.’320,019 10,492.1 42
Oct
1885.
1837.
£
051.504
7.700.070
319,218
7.314,213
i
£
j
1
1886.
(
£
520.850
19.500
19 98.93
190,300
•,
National
„Do
10 months.
Do
10 months.
8.520.094
Exports in Oct....
410.371
0,038,214
007.011
0.278.'-20
100.000
2.423.731
500
811
organized
Fri.
110*8
1 297k
55*4
80*8
31*8
110*2
1 10*2
1 10*2
12978
3 30
130
130
55 *2
; 79
31
120*o
120 *v>
57*4
36*2
1115s
1 1(6*8
57*s
36*2
1112*4
55 7r
7934
313s
120*2
57*4
36*2
112*2
557s
80*4
31 *4
120*2
57*s
36*2
1125s
555g
80%
31*4
120*2
01
36*2
'112*2
recently been
:
3,811—The First National Bank of Ellsworth, Maine. Capital, $50,000
Andrew P. Wiswell, President; Fred. I.. Kent, Cashier.
3,8.15—'The Merchants’ National Bank of Ocala, Fla. Capital, $50,000.
John F. Dunn, President: R. C. Jelks, Cashier.
Imports and Exports for the
Week.—The imports of last
week, compared with those of the preceding week, show a
decrease in dry goods and an increase in general merchandise.
The total imports were $8,736,303, against $8,146,785 the pre¬
ceding week and $8,195,716 two weeks previous. The exports
for the week ended November 22 amounted to $6,090,816,
against $6,792,584 last week and $5,940,556 two weeks previ¬
ous.
The following are the imports at New York for the
week ending (for dry goods) November 17 and for the week
ending (for general merchandise) November 18; also, totals
since the beginning of the first week in January :
FOREIGN IMPORTS AT
1884.
For Week.
|
Total
NEW VORK.
1880.
1885.
$1,241,1071
5,311,938i
5,731,705j
$1,867,747
5,153,284
.$6,871,765
$6,975,812'
$7,321,031
$1,559,827,
Dry Goods
Gen’l mer’dise..
Since Jan. 1.
$102,831,046
Dry Goods
Geii’l mer’dise.. 283,307,595
1
|
18S7.
$1,331,193
7,405,110
1
$8,736,303
$89,324,799 $104,257,543 6109 438,109
251.103,764 282,088,743 306 210,732
$380,198,041 $310,128,563
Total 46 weeks
$386,310,280 $-115,618,641
In our report of the dry goods trade will he found the im¬
ports of dry goods for one week later.
The following is a statement of the exports (exclusive of
EXPORTS FROM
4.485
33.097
187.030
1 884.
l,?24,l:.*0
34.5
Thurs.
1
43 7h
431516 43i‘V, 43,516 4313],
103-hs 103 <ig 103r.1G 1037,o 103“]o
103‘in 103*2
103?] g 103*2
1037j 0
81-60
81-70
SI 1.»
60-42*2 80-60
week
74.80s r
193.83“
1.428.005! 1,013,8150 i
2.S7*
2.750i
Wed.
jVues.
specie) from the port of New York to foreign ports for
ending November 22 and from January 1 to date :
1887.
l
685,496
7.8*4.177
503,120
..
804,997
0.308,20 •*
082.920
0.4 18.550
}
Banks.—The following banks have
■
SILVER.
Imports in < >et
Tlarkets— Per Cable.
Mon.
Sat.
£
12.723
2.30 7
895,398 3.011.171
30s. 8d. 31s. Id. 32s. Od.
3d. 30s. lOd. 31s. Id. 32s. lOd.
®0tmttevcial and miscellaneous Hems
£9,456
21,429
16,278
£3,075
12,822
18,488
7,791
25,279
52,989
6,973
89,420
1,927
136,541
2,981
4,746
2.922
19,516
18,034
24,775
24,629
311,200
619,000
,816,300 1,993,500
774,700 1,149,400
443,100 10,838,900
145,500
60,300
,411,400 5,999,800
23,251
20,634
Hardware and cutlery
Iron and steel—Pig.. .tons
Carpets
1886.
1887.
364
1886.
90
1884.
1885.
daily closing quotations for securities, &c., at London,
reported by cable as follows for the week ending Novem¬
Silver, per oz
d. 437s
103‘ho
Consols for money
103 >4
Consols for account
Fr’eh rentes (in Paris) fr. 80-87*2
110*4
U. S. 4*28 of 1891
130
U. S. 4s of 1907. •
557h
Canadian Pacific
Chic. Mil. A St. Paul ... 80%
31^8
Erie common stock
12 1 >4
Illinois Central
573«
Pennevlvania
Philadelphia A Reading. 36*4
1125s
New York Central
Below are the exports of British and Irish produce to the
United States during October, as far as can be gathered
from these official statistics:
-Yalue■Quantity
Horses
Beer and ale
Balt
29s.
25,135.828
23,653,167
1886.
3d.
,
89,450
1,050,735
1«,955
4,412
1884.
1885.
21.492,272
Financial
Lon don.
3,334
245
(exclusive of stocks od
ber 25.
4,777
119,129
701,309
16,918
3,419
771,985
5,466,357
2,343,186
^,oio,‘iou
The
are
11,433
12,640
3,545
season.
2,688,467
379,888
1886.
week. 30s.
price wheat
price wheat
11,790,559
4.880,086
2.246,815
391,973
742,480
3,820,108
2,992,677
—
/ /
10,857,932 12,009,600 11,790,559
3,181,967 2,343,486 2,992,677
7,452,373
9,300,081 10,352,592
9,903,254
3,816,874
8,829,421
22,549,549
Englisb
45
5
506
2,726,790
Aver,
Aver,
133,493
3,246
75,2-9
150,106
3,283,474
1887.
1.346
34,288
20,149
51,162
13,893
33,305
156,220
5,311,413
3,350,979
397,731
501,128
5,175,495
3,181,967
0,104,00/
3,816,874
tijCiUja i
Total
127,828
666,790
327,744
25,767
138,797
94.823
145,816
123.686
105
3.105,338
42S,.880
4,361,277
Imports of wheat.cwt.
Imports of flour ......
Sales of home-grown.
1887.
1886.
£172,014
8,619
7
61
Value.
*.
1887.
1836.
12,009,600
1S87.
enumerated in the Board of Trade
returns:
10,857,932
2,915,765
575,206
corn
1884.
1885.
1886.
9,903,254
Supplies available for consumption
September 1):
following shows the imports from the United States
The
Oxen
Cows
Barley
Exports British t£—,, -Re-export8 Foreign—>
Irish Produce, die.
10 Mos.
£
283,468,148
294.953.817
cwt.
Wheat
Oct.
£
Oct.
£
1887....
IMPORTS.
1887.
and the ten months:
/—Imports Foreign—,
in the grain trade
A quieter business has been passing
There has been a general subsidence
of which so much has been said
in speculative circles of late, it appears that we have received
of the former during October' 18,187 tons, against 15,816 tons
last year, and of the latter 46,123 tons, against 37,430 tons in
1886. The ten months’ importations of all articles show an
excess over 1886 of £9,385,669 of which about £3,774,000 is on
account of heavier payments for food and £6,301,408 for raw
materials for textile manufactures.
Our exports for the
month show an increase of £511,378, of which about £263,OOo
is due to metals and machinery.
The statistics relating to
our iron and steel trade with America compare very favor"
regards copper and tin,
As
695
THE CHRONICLE
26, 1887.J
November
|
For the week..
Prev. reported..
Total 46 weeks.
!
the
NEW VORK.
1885.
1886.
1 887.
$6,231.17 i' $6,090,816
277,231,^82 268,628,373
$296,235,183 $291,022,217 $283,463,355 $274,: 19,189
$6.463.8*1! $5,6ss.429
289,771,302 285,333.78s
THE CHRONICLE
696
The following table shows the exports and imports of specie
at the port of New York for the week ending Nov. 19, and
since January 1, 1837, and for the corresponding periods in
1886 and 1885 :
,
pany of the Port Huron & Northwestern Road, subject to rat¬
ification by both boards of directors, has been announced,
The acquired line is a narrow guage road, which extends from
East Saginaw to Port Huron, ninety-one miles, with three
branches, to Sand Beach, Port Austin and Almont.
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
N. Y. Stock
Imports.
Exports.
Gold.
Week.
Week.
Since Jan. 1.
<5reat Britain
France
\
Since Jan. 1.
$5,348,339
$142,171
•
Germany
West Indies
Mexico
South America.
All other countries.
$13,760
2,550,813
1,000
2,431,714
559,214
$14,760
$6,683,338
54,292
37,169,682
6,873,5 11
8,444,297
17,33 L, 4 97
4,606,137
14,146
243,539
$15,4*10
30,825
968,101
245,io i
500
Total 1887
Total 1886
Total IS So
178,641
2,464
20,877
Week.
Great Britain
France
German v
West Indies
Mexico
Smith America
All other countries...
587,687
$283,975 $36,575,642
1,415,6601 22,912,907
1,182,0871 12,435,903
Imports.
Exports.
Silver.
Since Jan. 1
Week.
\SinccJan.l•
$246,591
$8,392,174
$303,580
6,500
5,000
873,273
179,381
222,690
21,358
65,898
2,216
182,425
5,2-0
74,007
38,889
543,194
73,880
221,253
559,747
Merchan¬
Total.
1,523
[Vol. XLV.
1,562
Exchange—New Securities Listed.—The fol¬
lowing securities have been added to the regular list:
Minneapolis Sault Ste. Marie & Atlantic Railway—
$3,400,000 additional first mortgage 5 per cent 40 yeor gold
bonds, making the total amount listed to date $7,400,000.
New York Central & Hudson River Railroad—$2,150,000 5 p?r cent coupon debenture certificates, making the total
amount listed to date $10,000,000. It was also ordered that the
New York Central 6s of 1887 be dropped from the list on De¬
cember 15 next.
Denver & Rio Grand Railroad—$2,600,000 additional
first consolidated 4 per cent bonds, making the total amount
listed $25,175,000.
Pullman Palace Car Company—$3,981,800 additional cap¬
ital stock, making the total amount listed to date $19,909,000.
The purpose of this issue of stock is stated to be to enable the
company to provide capital required to meet the cost of addi¬
tional equipment and for further extensions in the near
future.
Central Iowa Railway.—The Mercantile Trust Company’s
receipts for $3,355,000 mdn line bonds out of a total of
$3,700,000; $581,000 Eastern division bonds, out of a total of
$622,000;
$465,000 Illinois division bonds, out of a total of
Total 1887
$289,614 $9,828,841
$45,681 $1,889,295
Total 1886
266,779
8,921,063
195,039
1,792,347 $012,000, and $3,827,000 consolidated gold bonds, out of a
Total 1885
The ; bonds, which are to be represented
223,415 14,201,585
1,094,027 total of $3,852,000.
13,873
by the receipts, have already been deposited with the trust
Of the above imports fer the week in 1887 $126,894 were company mentioned.
The Governing Committee also ordered
American gold coin and $3,981 American silver coin.
Of the that the common and preferred stock be called hereafter
exports during the same time $14,642 were American gold “first instalment paid,” and that the bonds of the old com¬
coin.
pany be stricken from the list.
Central Railroad Company of New Jersey.—$14,461,000
Foreign Trade of New York—Monthly Statement.—In
general
moitgage 5 per cent 100-year coupon bonds, and
addition to the foregoing tables, made up from weekly returns,
$4,816,000
registered bonds of the same issue.
Additional
we give the following figures for the full months, also issued
amounts up to $31.663-,000 are to be added to the list upon
by our New York Custom House. The first statement covers receipt of certificate from the Central Trust
Company that
the total imports of merchandise.
they
The
issuance
of
the
bonds
mentioned
have
been
issued.
IMPORTS INTO NEW YORK.
reduces the outstanding securities of the company as follows:
Consolidated bonds
to $4,201,000 ;
convertible bonds to
18S7.
18S6.
i
$1,336,000; debenture bonds to $802,000; and New Jersey
Southern bonds to $721,200.
Month.
The interim bonds will be
General
General
|
Dry
Goods.
January....
February
..
March
April
May
June
July
August
September.
October...
30,000
Dry
lotal.
Merchan¬
Goods.
i
dise.
i
*
%
11,159,704 23,748,188 34,907,892
10,799,(504 23,022,778 39,822,442
9,(531,882 31,391,048 41,023,530
8,287,994 82,850,900 41,144,894;
7,000,063 30,013,830 37,(520,499;
0,OS9,695 34,355,197 41,044,892'
10,599,000 20.118,008 30.717,0081
14,913,030 29,372,093 44,285,729
10,632,500 25,445,287 35,977,847
10,203,940 29,208,492 39,532,43ft!
Total.... 100,484.204 285,591.027 392.077.831
i
t
dise.
9,410,104
$
23,389,73t
12,070,425
20,021,310
12,810,725
8,506,330
7,689,337
0,881,571
9,330,75(5
14.248,301
10,024,223
8,010,057
20,304,401
28,013,389
24,775,053
29,228,019
27,808,708
24,227,584
20,273,593
28,132,140
1
32,799,899
38,091,741
39,181.180
37,179,719
32.404.990
30,110,190
37.199,524
3S.475.ft85
36.297,810
30,148,1 p-
99,053.889 2P5.495.25S 304.549,1 C
EXPORTS FROM NEW YORK.
CUSTOMS RECEIPTS.
.
1
Total Merchandise.
At New York.
Month.
Month.
1880.
1887.
1887.
188/5.
■
.
I
24,470,387
January
February
March
April
May
June
July
August
September
October
22,294,833
28,305,160
23,207,903
23,77(5,711
25.623,035
27.891,594
28,374,721
*
1
23,723,610
22,314,321
January
February
23,204,084
March
14,200,782
24,59(3,455
April
11,420,147
20,268,431
May
29,395,320j
June
10,947,039
11,810,230
12,814,847
15,602.350
13,825,754
12,380,000
13,090,217
29,734,941! Jaiy
25,857,301!
25.338,870
29,547,577
August
September
27,572,808
20,005,729
October
'230,922,088 200,707,775!
Total
11.792.3C9
United States
Total.
14,826,578
12,930,504
11,501,389
127,896,947 118,490,37 L
Sub-Treasury.—The following table shows
'Balances.
Receipts.
$
775,783
1,-102,821
2.0 19,559
1.098,308
Nov. 19
“
21
*t
00
“
23
*t
*>.j
a
0 r
Total.
.
Payments.
Coin.
j Coin Cert's
|
$
603,522 132.051,812
9 13,060 131,999,67 4
676,761 131,931,357!
766,167 131,420,218]
Holi day
j
$
19,360,197
Currency.
i
20,016,813
$
10,758,067
10,613,656
21,177,608; 10,894,006
22.103,110
1,168,016
1.009,102
131,306,005j 22,390,691
6, 191,187
3.998.912
1
10,811,4.83
1
10.797,028
!
American Cotton Oil Trust—A circular of the President’
Mr. J. II. Flagler, says that “ the trustees have rescinded and
annulled the action of the board taken June 30, 1887, in ordering
that there he divided a sum equal to $4 upon each share of in¬
terest in the trust.
This action was taken after the most
careful consid< ration, and in the clear conviction upon the
part of the tiustees that all interests would be best conserved,
protected and benefitted thereby.”
Flint & Fere Marquette—Fort Huron & Northwestern.—
The purchase by the Flint & Pere Marquette Railway Com¬
on
November 28.
Oregon i'rans-Contineutal.—Mr. Elijah Smith has resigned
as President, and Mr. Sidney Dillon lias been chosen as his
successor.
Port Royal & Augusta.—The earnings and expenditures
fer the year ending the 30th ult. have been as follows:
Total earnings
:
$316,304
Total expenses
1
273,407
Net earnings
From which deduct interest and
sinking fund
$42,897
37,720
Leaving net
$5,177
The earnings and expenses of the road for the year past hav e
been a little in excess of the average for the last eight years,
bat are not yet sufficient to pay any interest upon the general
mortgage bonds of the company.
Richmond Fredricksburg & Potomac—The annual re
port for the fiscal year ending September 30, 1887, shows:
Income from transportation. $530,854; income from sleeping
*
10,925.448 cars, $5,375; income from rents, $1,292; total income, $537,522;
11,799,732 expenses of transportation, $283,886; net
earnings, $170,306;
12,500,233 deduct interest on bonds and dividends on
guaranteed stock,
10,434,186’ $83,269;
net profit, $170,336. Out of this profit a dividend of
9,021,800
3 per cent was paid to common stockholders on July 1st, 1887,
11,879,019
and the board proposes to pay on January 1st, 1888, a dividend
12,605,425
the receipts and payments at the Sub-Treasury in this city, as
well as the balances in the same, for each day of the past week:
Dale.
stricken from the list
of
3yz per cent additional.
Stateu Island Rapid Transit.—The annual report of the
Staten Island R»pid Transit Company for the year ending
September 30, 1887, will show:-Cross earnings last year,
$778,093; this year, $842,277; operating expenats last year,
$731,136; this year, $618,420; net earnings last year, $46,957;
this year, $223,857; fixed charges last year, $161,936; this
yea**, $223,605; deficit last year, $114,979; surp. this year, $252.
Sutro Tunnel—A notice in the Chronicle’s advertisements
requests stockholders to pay an assessment of fifty cents per
share to clear off the debt of the company compromised at
$1,000,000, andsave it from foreclosure. If the elaborate pam¬
phlet of Mr. Sutro is correct (and there seems to be r.o reason
to doubt its accuracy, nor any difficulty in getting full infor¬
mation) it would seem to be palpably for the interest of the
stockholders to pay this assessment and still leep this great
bore for themselves.
Ths earnings are largely increasing;
also 4 per cent bonds at 50 are given for the assessment. In¬
formation at the office 128 Produce Exchange.
Wabasli St. Louis & Pacific.—A circular is issued signed by
the bondholders’ committee and by the purchasing committee
requesting bondholders to deposit their bonds with the Central
Trust Company under the new plan of reorganizitiou.
Some
of the second mortgage divisional bondholders are opposed to
the plan and claim that they are not fairly treated.
They
will hold a meeting next Wednesday to consult. The circular
is given in full in our advertising columns.
Western Maryland.—The Western Maryland Railroads
gross earnings this year are $756,610, and net earnings $100,-
-
THE
1887. J
November 23,
earnings over the ye\r preceding were
$41,872, and the increase of operating expenses $19,899. Dur¬
The increase of
812.
ing the year
catried.
were
703,640 passengers and 809,350 tons of freight
Average Amount of—
securities, 42 Pine Street, appears in the columns of the
Chronicle tc-dav. Mr. Floyd does no business on margins, but
gives his personal attention to dealings for investment, and can
therefore give greater (are to that class of business. He is a
friend and relative of the publishers of the Chronicle, and
they take pleasure in introducing him to their patrons as a
party to whom investment business may well and safely be
trusted.
—The attention of bankers, brokers and other parties wish¬
ing to keep stocks, bonds or valuables in a safe place is called to
the advertisoment of the Safe Deposit Company, 142 Broadway.
This institution is one of the oldest in the United States and
possesses all the latest improvements as regards protection,
besides the best of accommodations as regards convenience to
customers, the premises having been newly furnished and re¬
fitted.
Pest, Martin & Co. offer for sale a limited amount
of the five per cent bonds of the Railroad Equipment Com¬
—Messrs.
pany. This company was organized in 1879, since when it
has made 93 car trust issues amounting to $13,281,000, of
which 55 issues have been paid off in full, leaving outstanding
$4,574,000.
The company has always regularly paid
interest and piincipal when due.
—The Canadian Pacific Railway Company gives notice that
the half-yearly interest on the first mortgage bonds of the
Manitoba Southwestern Colonization Railway Company due
December 1 will be paid on that day at the B.mk of Montreal,
now
59 Wall Street.
its 138th
transfer
of Messrs. Lounsbery & Co.
—The Homestake Mining Company has declared its 112th
dividend of 20 cents par share, payable at the transfer agency
of Messrs. Lounsbery & Co.
agency
dividends Nos 8
& Co.
sold this week at
—The Daly Mining Company has declared
and 9 ($75,000) payable by Messrs. Lounsbery
i notion Sales.—The following were
auction by Mtssrs. Adrian 14. Muller & Son :
Shares.
107 Butchers* A Dr. Nat. Ilk. 101
&'hare*.
115"®
85 Thin ’aVo'bil Co.
20 ) Eigl dll A vc. B R. ( o
35 N. Y. < 'oiisol. ( as ( o
20 Gh*n ( o\ c Mal e •h c o
25 Madi soil Squall Ba 1 lie...
20 Nmil A vo. 1!B. Co.
100 1 low; ml J- iro 11 s. ( o
20 Law\ ors* Title Ins Co.,
•
....
117
225
r>0
02
160
50
Bowery Fire In*. Co
I•VJ'l
Second' Ave. KB. Co
1 10*2
.Standard Oil Tr.. 102l-2a 102rvs
lion its.
7534
106
160
1 < IS
>4
551-2
.
V
112// 117
f 37 Hamilton lire Ins. Co... 125
,
$20,000 Eighth Ave. BR. Co.,
(•*, Cert, of Indeld'n’s.lO. '-j A int.
$1,(tOO San. Mans. A Newark
Bit. Co., 7s, 1000
119
$1,000 Brooklyn City Bit.
Co., 5s
102L
^financial.
Specie.
$
10,980.000
New York
Manhattan Co
Merchants’
America...
Phenix
Tradesmen’s
1.705.500
339,000
1,851,000
1,055,100
18.905.200
Mechanics’ & Tra.
Greenwich
Leather Manuf’rs.
Seventh Ward
State of N. Y
Americ’n Exch’ge.
Commerce
89,400
525,700
1,709.0001
262,000
695.100
15.465.000
16.110.200
2,926,000
5.950.900
7.354.200
1,294,900
1,3 46,700
318,000
851.000
993.00c
244,000
490.300
1,253,600
494.600
643.100
439.500
351.800
339.800
128.800
268,800
666.900
Peoples’
North America....
Hanover.
Irving
Citizens’
2.120,000
3,115,000
6.077,100
4.611.500
l.940.6Gu
18.548.900
17,477/00
114.700
217.500
Bowery
N. Y. County
German-A meric’n.
Chase National
Filth Avenue
German Exch’nge.
Germania
United States
Lincoln
Gariield
Filth National
B’k of the Metrop.
West side
Seaboard
Sixth National....
Western National.
3.382.800
1.487,000
3,538,000
678.000
4,938,700
1,215.700
3,561,200
20.303.900
238,300'
894.300
173.400
67,000
292,000
314,000
594.600
736.300
142.500
1
43,000
10,930,000
9S6.S00
5,912,201)
2,070.800
3,063.600'
7,690,000:
4,405/00
2.661,7001
45.000
899,400
42*26d
43,000
3,23 .600
12.005,200!
2.854,000'
3,307,4 00;
2.83 i,300
45,000
40,700
45,000
3,ls8,1001
4*34466
3,295,000!
447*20*6
1.930,000!
5,333,000!
5,089,600*
*45*6*0*6
2,024,000
339,000
3.964.800
4.934.300
2.045.700
1,027,300
16,482.000
7,456,000
214,700l
504.700
701.400
285.800
729,000
314.900
546,000
781,000
742.700
257.200
“2*66*6
530,600
3.219,800!
12.392,000 i
240,100,
3,454,100
3,283,2c0
...
126.300
276.300
72,800
604.300
2.318.200
N assau
Market
St. Nicholas
Shoo <fe Leather...
Corn Exchange
Continental
.......
572,4001
1.190.800
80.500
2.888.300
96'60'd
1,300,400!
20.409,300!
3,753,2001
3.228.200
Republic
First National
Third National
N. Y. Nat. Exch...
208.800
55,700
482,000
312,200
263,000
11,20 s,4001
2.102.900
2,191,600!
1,072,9001
2,646,3001
1,222.000
Chatham
Fourth National..
Central National.,
second National..
Ninth National....
9,55 4,900
2,939,000
320.000*
2.561.100
7,025,800
4.403.600
1.820.900
2,788,000
10,404.500
2,801,000
2.493.600
Park
North River
East River
45,000
0,547,000!
113,COO
141.200
519.900
313.600
Pacitlc
Oriental
45,000
450.100
141,000
391,000
$
9,920,000!
10,68 l.OOO;
6.342.900
4
3.283.100
Circula¬
tion.
$
690.000
640,000
638.800
626.000
449.800;
Broadway
Mercantile
Boston
3.282.200
5.571.200
342.600
0.013,300
659.400
916.100
1.207.100
Fulton
Chemical
Merchants’ Exch.
Gallatin National.
Butchers’ it Drov.
Y
$
1.530/00
9.608,7001 3,870.400!
344,200!
2,6v7,'J00
City
Deposits I
other
I
than LJ.S. j
9.805,000! 2,320,000!
918,000
7,180,100!
8.004,000 1,167,000
11.470.200 1.661,500;
640.000
3.083.000
Mechanics’
9*82*666
228,400; 19.836.600
>1,467/ 00!
164.TOO!
1,997,500'
688,400!
113,000!
1 236,000
38,400
'81*666
1,064,500!
17.152.600
180,000
8.224 000!
4.241 OOO!
45,000
39,000
1,123,000
375,000
326,300;
5,285,30b!
1,060.200! 18,154.000;
267.100
4.558.400
1.305.800
2,3 21,300
2,0 03,200
2.632.100
487.800
25 (.600
370.400
6.062.400
1,416,200!
221.600
66,600
369.900
3.516.200
2.207.400
734.300!
159.600
2,478,300
3,172,000
2,624,GOG
178.900
1,064. 00
838,€ 00
1,88b,000
1.430.200
3,c li 6,000
l.Sl:-:,7i;0
2,055,200
1.860.400
7,032,500
422.800
195.000
238.500
182,: <>()
276,7(0
257,600
15 i,90e
737.700
216 .700
45,000
447,200
4.300 5()0
1,007.400
141.400
857,400!
26*f,*t’66
223,800
2,503.100:
2,614,400
180,000
2,285.900!
*67*666
6.416 901)
166,-00!
612.100
923,200!
3.073.100!
43,100
8.304 600
129,600,
3,26 >.20 )j
2.206.300
1,367, / 00
3,518,900’
2,7*0,
r
00*
45,000
44,200
45,000
128,900
4.2 ,4,>;00j
2 056,500
‘2,234,2 0
42,600
410,000
96,i 00
2.0.5O. :<»•)
180,000
1,046,500
728,100
5,51 6,500
32,000
370.600
352.16S.7-tO 71.770,8 )<
358.77-1
21,2
:
8,035,700
flunks.—Following are the totals of the Boston banks
Specie.
Loans.
1387.
and
Xet
Loans and
Discounts.
Importers’ & Trad.
—The Ontario Silver Mining Company announces
dividend of $75,000 (for October), payable at the
.
New York City Banks.—The following statement shows the
condition of the Associated Banks of New York City for the
week ending November 19, 1837:
Augustus Floyd, broker in investment
—The cavd of Mr.
of N
697
CHRONICLE!
Ii. T’nders.
Deposits.*
S
$
$
$
No. 5 138,815.500
“
72 13.8.017,500
U' 138,131,301
“
8.732,100
2,93.8.000 106,4 i3,200
8,987,500
3,384.400 108,128,600
3,233,500 a05,3 1 1 ,t>3(
9,238,000
j
8.408,K(h
8,282,1 ('<
8,078,10
99,928,592
92,14 6,091
90 501,-377
United States Government and other desirable
Philadelphia Banks.—The totals have been as follows:
SECURITIES
Loans.
1887.
FOR
INVESTORS.
Nov.
“
All stocks and bonds listed on the New York Stock
and sold on commission for cash.
Deposit accounts received and interest allowed on
Exchange bought
montldy balances
subject to draft at sight.
Mon’y
$
$
23,674.200
87,085,000
22,870,900
23.38n.000
F I S K
Nassau Street,
New7 York.
WALTER STANTON
€ o r F a \
Rid.
SECURITIES.
Am
S T
&
ANTON,
STREET,
NISAV
YORK,
NEGOTIATE
Itallroad,
Wafer and Cias Ronds,
MONEY ADVANCED ON MARKETABLE
PliU
TO I» E K A
CENT
ISSUED FOR
SECURITIES.
,
IlIPROVFiTIHXr
KANSAS,
60,3 41,30 0
2,311,750
70,508,959
Mev. Nat.Construct’u Co.
Mexican Aaf-.onai tr. ree.
1st, mortgage, tr. roc
Brooklyn Elev’d-stock..
valuation of tl»e City,
$7,276,234; actual valuation over
$25,000,000; total indebtedness, exclusive of tills issue
$422,900. Imputation about 40,000.
For further particulars call on or
GRISWOLD
address
«fc
GILLETT,
3 WALL ST., NEW
YORK.
pief.
Bridge—Stock
STREET IMPROVEMENTS.
1st mart
Keciy Motor
Ask.
2
5
15
14
9
23
170
2
I >2
22
18
107 -i 108
48
52
97
3
13
10
4
70
60
Pensacola & Atlantic
1 st 111011
Pitts, it w est. RR —->;oj;
i 1st mortgage
Postal Telegraph—1st, 6s.
•Rich.'York Riv. it ( lies..
*75
11
8>*
42
11
_
_
-
......
105
100
7
8 J4
38
75 'q
25
20
93
38
76
30
...
St. Paul E.it Gr.Tr., 1st 6s ICO
s t. P M.iiMiin Men.Ex 44
15
Southern Tel.—1st M
Tol. A. A. it N. Mich
30
U. S. Electric ins/mt
Utah Central.—1st
.....
74
10
28
7H,
Rome it Decatur, 1st M., 6s
St. Louis Ft. S. it Wich..
......
r....-
26
Orange Belt 1st
......
Light
Fla. R.y. A Nav. Co.,
Georgia Fae.—Stock
2ds
Henderson
99
45
40
101 7h 105 'h
78
95
9614
scrip
( inn. it Spiingtield
(aoiT I’iitiH. (!o. Tr. atnclr
Den. & lt:o Gr. W.—St’k.
Pref
Edison Electric
Bid.
40
9
73
North. Pac.—Div. bonds.. *<>;>
Ocean Steam.Co.,1st guar. 102
98
Debentures
BONDI,
These bonds* besides being based on tfie credit of the city, are a first
lien on all the abut ting property, valued at $6,932,000. Assessed
8 .■20
1
Dul. S. Shore &, At.—Stk.
G
$
69,0 57,361
2.3
90
85
Allan, A Char.—Stock...
At I. <t Char. Air L.. 1st, 7s links 120
100 Ha Newp. N. it Miss. Val
At.itPae.-lst M.C.D.o d 6s 91
20
N. 4. id. Unde,.—rstock
Bust. H. T.& West.—St k.
(’lies. AO., sor. B.def.
WALL
OF
$
2.315 750
5.655,70 J
85,310,900
SECURITIES.
Ask.
Tinnk Note Co
BANKERS,
CITY
Agg.CT’n/sS
'including the item "due t<'o Tier banks.”
S O.X S,
&
IVM. EDWARD COFFIN.
State, municipal,
Circula’11
$
85 A 69,300
s
-
11
Deposits.*
Unlisted Securities.—Quotations from both Exchanges:
II A n V E Y
23
“
5
12
i<9
Lawful
86.996,800
*7,165,900
-
103
......
25
40
......
*4
*4
SVicksb.it Meridian
j
!
Pref
1st moi t
1 2d mort
l
Incomes
West Va. Jilt.—1st, 0s...
Western 5-at. Bank
jWest N. Car.—Con. M
80
45
8
91
f’e
10
101
94
95
Martinslmrg & Potomac.—This road, from the Potomac
Martmsburg, W. Va., operated by the Cumberland
Valley Railroad has been sold at public sale, and knocked
down to Mr. Thomas B. Kennedy, of Chambersburg, for
River to
$65,000.
The purchase is supposed to be in the intuest of the
i Cumberland Valley Railroad.
CHRONICLE.
THE
698
Cables, 4 8G@4 86£.
Continental bills
DIVIDENDS.
following dividends have recently been announced :
Name of
Per
Cent.
Company.
Albany (quar.)
Catawissa, pref
York at the under-mentioned cities
When
Books Closed,
Payable.
(Days inclusive.)
2
Dec.
3M
NOV.
31
to-day: Savannah, buyino[premium; Charleston buying £
discount; selling par; New Orleans, commercial, $1 50 dis¬
count; bank, par; St. Louis, ?5c. discount; Chicago, 60c.
Dee, I to
discount.
The rates of
—
Miscellaneous.
2
Lehigh Coal Si Navigation
Dec.
29 to
9 Nov.
were:
£ discount; selling par@£
Railroads.
Boston &
Commercial bills
were 4 80|@4 80£*
Francs, 5 23f@o 24f- and 5 21£@
5 2If; reichmarks, 94|@94| and 95£@U5£; guilders, 39£(g40
and 40£@40h
The following were the rates of domestic exchange on New
Jlre gauffers’ d>n*ctJe.
The
|Vol. XLV.
Dec.
leading bankers
November 25.
WALL STREET, FRIDAY,
f< llows:
are as
'
S
Nov. 25, ISS7-5 F. 31.
Prime bankers’ sterling
Prime commercial
bills
Demayid.
Sixty Days.
on
London..
4 82
©4 82M
4 86
©4 86%
4 80% ©4 SUM
Money Market and Financial Situation.—The occur, Documentary commercial
5 ^4% ©5 .3% 5 21% ©5 21%
Paris (francs)
Thanksgiving Day put a check on business this week, Amsterdam (guilders)
3915^340
40M340%6
91 % ©94%
Frankfort or Bremen (reichmarks)
95 M ©95%
as
many parties are out of the market till next Monday.
The relatively strong
tone developed last week has not mate¬
Coins.—The following are quotations ingold for various coins:
rially changed, and while prices have not been, pushed up Sovereigns
99%©
$4 83 ©$4 86 Silver Ms and Ms.
Five francs
©
93
95
3 85 © 3 88
further (except in the case of Union Pacific and a few others), Napoleons
Mexican dollars..
75
©
X X Reichmarks.. 4 74
76
© 4 77
Do uucommerc’l
74M©
3 96 © 4 (>0
the general tone of confidence remains and the market seems to X Guilders
Peruvian sols
73 M ©
7. %
Span’ll Doubloons. 15 55 ©15 70
be in a healthy condition.
English silver.... 4 77 © 4 85
Mex. Doubloons.. 15 55 ©15 65
©
Fine gold bars
par © Mprem U. 8. trade dollars*— 73
A single press dispatch from Pittsburg this week threw a Fine silver bars... —95
U. 8. silver dollars
99%© 1 00
©
96
Limes Si M dimes. — 99M© par.
side light on the present situation.
It stated that the United
Now demonetized.
States Circuit Court had entered orders for the discharge of the
receivers of three prominent railroads—Philadelphia & Read¬
United States Bonds.—Government bonds have been very
dull,
and there is no feature to this market.
Prices have been
ing, Jersey Central and Buffalo New York & Philadelphia. I
steady,
and
are
not
changed
from
those
of
a
week
ago.
is
This
the fortunate conclusion of defaults and litigation con¬
The closing prices at the N. Y. Board have been as follows:
tinued for a long time past, and it marks .the era of rehabilita¬
'I
!
|
tion and the recovery from insolvency to a state of financial
Interest Nov. \ Nov. ; Nov.
Nov.
Nov. \ Nov.
The
of
rence
.
|
—
—
—
-
—
—
—
—
—
—
—
—
*
1
soundness
on
the
new
The
general rains throughout the central Western States, re¬
ported this morning, are calculated to relieve much distress in
that section of the country, and also to dispel anxiety in re¬
gard to winter wheat in those important States which have
been suffering for lack of moisture.
We are now within a week of the closing of canal navigation, and on tlieir next five months’ traffic the trunk lines will
have their usual opportunity to secure higher rates; there
seems to be
every prospect of a good winter business, and we
ought to see a better ratio of net to gross earnings than we
had during the quarter ending Sept. 30.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 3 to 7 per cent,
the usual rates to stockbrokers being 4@5 per cent.
To-day
the rates were 4@7 per cent.
Prime commercial paper is
quoted at 5£@(> percent.
The Bank of England weekly statement on Thursday showed
a loss in
specie of <£35,000, and the percentage of reserved o
liabilities was 48*23, against 47*72 last week; the discount
rate remains unchanged at 4 per cent.
The Bank of France
gained 4,525,000 francs in gold and 4,100,000 francs in silver.
The New York Clearing House banks in their statement of
Nov. 19 showed a decrease in surplus reserve of $1,099,400,
the total surplus being $7,4S8,0U0, against $8,587,400 the pre¬
vious week.
The following table shows
week and a comparison with
the changes from the previous
the two preceding years in the
averages of the New York Clearing House banks:
1887.
Nov. 19.
Di fTr'nc's fr'm
Prev. Week,
1886.
j
Nov. 20.
1885.
Nov. 21.
i
$
$
$
$
Loaus and disc’ts. 352,168.700 Inc.
231,400 341,833.500 330,493,200
71,710.800 Dec. 3,090,900 80,709,700 93,656.300
Specie
Circulation
600!
8,035,700 Dee.
8.020,400 29,009,700
Net deposits
353.774 000 Dee.2,494,800 354,846.800 381,106,900
24,220,700 Inc .1,267,800 17,932,000 10,077,300
Legal tenders
Legal reserve
Reserve held
88.443.500 Dec. r 23.7001 88,711,700 95.276.750
95.931.500 Dec. 1,723,100: 98,641,700 122,666,000
Surplus
»
i
I
Dee.
1,099,400] ’ 9,930,000: 27,389,250
Exchange.—Sterling exchange has been somewhat irregular
tone during the past week.
I11 the early part of the week
there was quite an active demand and a scarcity of commercial
bills, which caused a hardening of rates, and those bankers
who had been asking only 4 82 and 4 86 advanced their rates
^c. to correspond with the rates of others. These conditio 11s
in
did
not
continue, however,
as
the demand fell off and there
considerable pressure from security bills,
some weakness in
actual rates and a marking
was
posted rates bv
824 and 4
some
86@*864.
drawers.
which caused
down of Vc. in
Posted rates to-dav are 4 82 @
To-day the rates on actual business were as follows, viz.:
days' sterling, 4 814@4 81 J; demand, 4 854@4 85£.
Bankers' 60
ID.
Periods
basis of reduced liabilities.
reg Q.-Mar.
coup.lQ.-Mar.
reg. Q.-Jan.
coup. Q.-Jan.
reg. J. & J.
reg. J. & J.
reg. J. & J.
reg. J. & J.
reg. J. & J
4Ms, 1891
4Ms. 1891
4s, 1907
4s, 1907
6s, cur’cv,’95
68,'cur’cy,’96
6s, cur’cy,’97
6s, cut’ey, ’98
6s, ctir’cy,*99
*
This is the
'
21.
|
22.
j
‘23.
*107M'107M *1G?M *107M
*108% *103*8 *103%
*r26%>12.;% *126=% *126%}!
126*.% 12•.% 126% *12 %!
*121Mj*121M *121M *121 Mi
*123Mi*123M *123M *123M
*125M *125M *125M "125M
*127M|*127M *1-7M *127Mj
*129% *L29M *129M *129M;
24
25.
:
;
i*10" 1-2
>
,*126%
*126%
x
-
=
—
:
!
'*108%
>121M
*123%
,*125%
i*127%
>121%
price bid at the morning boa d; no sale was in tde.
State and Railroad Bonds.—Very
done in State bonds, and few classes
little business has been
have shared in the trans¬
actions.
Prices are generally steady.
Railroad bonds have sympathized with the stock
have been somewhat irregular during the week.
market and
There has
been some appearance of weakness at times, though no declines
of importance have occurred, and as a rule bonds have been
well held.
The demand has somewhat fallen off, however,
and
a
few classes have had
other hand
some
strong. No
noticed, and
.is
a tendency to sag a little.
On the
have been firm, while a few have been quite
special activity in
on
the whole
a
any
particular class has been
quiet but generally healthy tone
apparent, while the fluctuations hwe, as a rule, been narrow.
Railroad and Miscellaneous Stocks.—Business
was
inter¬
rupted on Thursday by the intervention of the Thanksgiving
holiday; on.the other days the market has been fairly active,
though there has been no remarkable animation to the deal¬
ings. A slight reactionary tendency prevailed during part of
the week, when there was a disposition among some operators
to take the profits accruing from the recent advance, and also
to put out fresh short lines for the sake of depressing prices.
A very fair resistance to these influences lias been, offered, how¬
ever, and no serious impression on prices has been made, while
some stocks have notably
advanced. The bears have been a
trifle more active in their operations than recently, and it is
also believed that some of the members of the bull party have
not been averse to a temporary reaction.
On the whole, the
tone
of speculation
has not materially changed from,
the previous week,
though the buoyancy of that week's
•market has been wanting.
There is not much news cal¬
culated to affect prices either way. and the fluctuations have
been largely due to the temper of local speculation and to the
changes of certain stocks under special influences.
Of these special features the Pacfic stocks have been some¬
what prominent, though they did not attract any particular
attention until the latter part of the week. - Union Pacific
started the movement by a rapid rise from 54 to 57^on
Wednesday, on the rumors that the report of the investigating
committee would be favorable to the company.
The other
Pacific stocks followed, though with much more moderate
improvement. In the case of the Northern Pacifies their
advance was assisted by the successful negotiation by Mr.
Villard of $8,000,000 of the new 3d mortgagebonds. Another
feature has been the activity in the Richmond Terminal stock*,
which have been prominent all the week and sharply advanced
at times.
The influence in this * case was the report of a
possible change at the election in the board of management
and the presidency.
Wheeling A Lake.Erie was also active
and strong at times, though it subsequently reacted somewhat.
November 26,
THE CHRONICLE
1887.J
699
STOCKS—PRICES AT N. Y. STOCK EXCHANGE FOR WEEK ENDING NOV. 23, AND SINCE JAN. 1, 1887.
HIGHEST AND LOWEST PRICES.
Sales
Range since Jan. 1, 1887,
of the
STOCKS.
Saturday.
Monday,
Nov. 19.
Active KR. Stocks.
Atlantic & Pacific
Canadian Pacific
Canada Southern
Central of New Jersey
Central Pacific
Chesapeake & Ohio
Do
Do
I
114
544
11 *4
54%
j
584
59
j *31%
34
;
5'’8.
1st pref.;
2d
pref.j
Chicago Burlington & Quincy.
Chicago Milwaukee & St.Paul.
34
1324
77 4
pref.! 1144
Do
Chicago <fc Northwestern .—1
112
4
pref.; 113
Chicago Rock Island &Pacific.j 1104
15 4
Chicago St. Louis & Pittsburg.
Do
*
Do
pref.i *40
414
Chicago St. Paul Min. & Om.
Do
pref.: *108 4
OlevelandOol.Cin.&Indianap.i 55
Columbus Hocking Val.&Toi.l
204
114
i
*53
58
794
32 4
79%
;
Nov. 21.
784
32
34
114
Tuesday,
,
Nov. 22.
i
11
54 4
59
j
79 4!
32
j
11
*53
58%
78
*32
*3
59
79%
324
1334 135
234 244
244
584 59-4
594
12 I 114 12
01% 05
00
584
11%
!
.
92
92
Louisville & Nashville
J 014
Louis. New Alb. & Chicago.*38
Manhattan
24 4
*904
104
no
L54
*
,
024;
43
Elevated,consol..; 1014 1014
Memphis & Charleston
Michigan Central
-j
Mil. Lake Shore A West
Do
894
Minneapolis A St. Louis
i
Do
pref.j
Missouri Kansas A Texas’..... |
Missouri Pacific
Mobile A Ohio
*38
102
103
|
214
92 4
14
io
10
23
234
204
914
924
*10
79
108
804
pref.;
744
304
*074
7441
73
73
3o y
Oslo
42 %;
17
29%
00%
404
104
934
314
304
08%
424
174
94
32%
104
94
Do
Norfolk A Western
pref.j
Do
Northern
pref.
32
Pacific.T
424
234
j
'
Do
Ohio A Mississippi
;
Oregon a Trans-Continental, j
Peoria Decatur A Evansville, j
i
Philadelphia A Reading
Richm’d A West P’utTerminal,
Do
pref;
Rome Watertown A Ogdensb’g
8t. Louis A San Francisco
i
Do
pref
j
Do
1st pref
8t. Paul A Duluth
;
Do
pref
St.Paul Minneap. A Manitoba
Texas A Pacific, ass. paid
j
Onion Pacific
j
Wab. St. L. A P.,P. Com. repts. j
Do
pref.j
204
22
704
20%
*014
*304
73
113
j
Slocks,
Colorado Coal A Iron
I
Consolidated Gas Co
;
Delaware A Hudson Canal... j
Oregon Improvement Co
j
Oregon Railway A Nav. Co..
Pacific Mail
Philadelphia Co., Nat. Gas
j
Pullman Palace car Co
Western Onion Telegraph
•
Adams
American
United States
.
*05
;
234
474
254
;
21
23
71 %
27%
61%
.
73
115
00
28
i
i
53%;
194
33
3334!
494
504;
73
73
:
pref.. |
:
.!
i
ces
294
07
404
17
94
314
17
42 L>
2234
46%
90
90
364
734
36's
74%
614
73%
363s
734
115
07
109
109
27 L>
28%
52 34 534
Is 4
19
324 33 4
49 %
504
i
714
294
63%
j
1024;
A*
O
“9
*35
32
734
,
9
;
36
j
164!
S7:4;
33
15
;
64
*35
36
17%
874
17%
874
324
334
*144
16
|
;
1044
40
404
904
374
384
144
145
*6
*25
9
'35
73
74
20%
92%
8,640
29,242
84%
794
108 % 109%
19% 19%
74 4
*73
30
30%
600
10
1
164
94
164
32
I
32
17
43 %!
43
234
47%
24%
214
214
704
27%
63%
!
64
30
9
!
36
s7 4
S7 4
32
33%
1(5
j
,
59
825
1,840,
.
423;
OS
130
73
364
73
450
3,057
58
18
20
5651
10
1,405
25.730
5,800
6,925
324:
494 21,800
j
3!) 4
76
,
140
804
j
*135
*70
66
131
*144
15
!
70
'0
354
15%
8.%
32
*144
304
30%
30
31%
304
31%
324
744i
31 4
74 4
32%
314
32
%|
31%
75
74 4
754
74 4
bid and asked; no sale was made at the Board,
17
9%
64
29
1,010
144
530)
18
is
457
410
9%
64
29%
104
531!
*
10
40
6
6%
2,900
29%
400
200
10
38%
384
874
8
4
900
32
28,065
1,400
550
15%
8
<
%
/
30-s
30%
334
15 4
304
32%
75%
30%
32
714
! D
324
T44
16
!
Ex-dividend and
11,
8
94 Jan.
Jan. 13
17
114 Jan. 20
11
17 156
17 95
17 127%
May 17
May 18
May 17
17T274 June
17 153% June
I
7
7
1404 May 17
22
Apr. 22
524 Apr. 22
54 4 May 17
1184 J une 7
68
Apr. 11
19! 39% Jan. 11
14 1394 June
1
14! 32% Apr. 14
14| 684
June 4
3
Jan.
21! 824 Jan. 13
17' 32
Jan.
3
20 100
Apr. 9
17i
4
17
624 May
7
13j
Feb.
li 71%
Sept. 21,
Sept.
20
Nov.
Jan.
874 Jan.
95 Jan.
53
Sent :o!
Sept. 20
16
17
17
17
May 26
May 26
June 2
J une 20
May
May
May
May
May
May
Apr.
23
27
23
18
6
18
18
53% May 19
89
1064
26 5434
13 105%
211 584
21
Oct.
14
May 19
Nov. 25
May 31
May 19
Apr. 7
Oct.
19
27 155
31 104
J an.
25 225
31
45
20
22
19 109
Feb.
Jan.
Oct.
Oct
114 Oct.
99% Oct.
25
Nov.
Nov.
12
84 Nov.
44 Oct.
Oet.
23
< )ct.
Jan.
30
10
Sept.
10,
9
12:
13!
7j
8
16
23% Oct.
54
9
3
Apr. 9
May 28
18; 31% July 15
11,019
privi'ege.
7
May 16
Feb. 19
Aug.
Jan. 13
7
Sept. 19,
434 Sept. 19 10% Jan. 14
10,100
'
6
3
85% Nov. 14 j
Oct. IO!
22
**9 Aug. 30
214 Sept. 19;
1O0
5
14
31
74% Nov. 13
7% Nov. 16
S 130
200 66
4%
04
13
Sept. 21' 394 May 25
964 Sept.
34
Aug.
794 Oct.
32% Sept.
89% Sept.
•
"25" '25"
......
17
94
6
284
11
Oct. 18;
30
Jan. 27 44%
614 Feb.
844
120
107
Oct.
95
Oct,
55
99
Aug. 2 114 34
94% Oct. 17 1204
3; 35%
20
Feb.
44
Oct. 171 63%
134 Feb.
lj 224
1
23% Feb.
38%
35
Sept. 21 634
30
67
Jan.
30! 644 May 19
3; 86% Apr. 13
14
434 Apr. 12
8
20 115
Feb.
1,550
2,010 tl36 Nov. 9 1594 May 23
90,275 674 June 24; 814 Nov. 17
1,611
140
75
4%
*5%
15% June 13
4 152
25 139% Jan.
Aug.
130 106
Sept. 20 1184 May
110
Feb. 17 76
62
Aug.
20 120
Sept. 20 137 June
145
109
"*s‘ *12”
140
74
13
14!
20; 684
/ D
......
I
34%
14 4
7%
244
Highest.
21
17
Apr. 7
18:138
May 28
20
27% Apr.
1
17
474 Apr. 21
Sept. 20 244 May 16
Oct. 171 61
Apr. 29
Oct. 14; 98% June 30
Sept. 20 99% May 14
Oct. 13j 70% Apr. 14
Sept. 20 67% June 11
Aug. 31 1614 Apr. 20
Oct. 19i 644 Apr.
5
Aug. II 954 May 19
6
Jan.
944 May 18
4 119
Jan.
May 18
Oct. 14
204 A pr.
2
oet. 14; 484 May 31
1
Nov.
34% Apr.
9
1 112
Nov.
May 19
Oct. 15 j 194 Jan.
8
Oct. 14i 88% Jan.
3
Oct. 14 1144 May 19
Nov. 11; 20% Nov. 18
77
Nov. 17
Nov. 21
Oct. 14, 354 Apr. 12
Oct. 13' 76
May 23
66
Mar. 29
Oct. 17
Oct. 13 204 Jan.
3
Feb. 14
Sept. 20! 14
Sept. 211 384 Feb. 14
3
Oct. 17 234 Jan.
Oct. 151 554 May 16
Oct. 12> 344 July 18
Oct. 18? 634 May 19
Oct. 171 324 Apr.
4
Oet.
354 Apr. 7
435 200
100
20
14.4, *144
17
44,532
3,310
244
90
1
25
73
6,661 344
3,230: 20
244,
494 22,695 414
20(6 21
25
i
224 39,580 16
1,755 174
214
34
714
28%
204
64
5,950 43
73
484
y7H
185
30,840
1,050
94!
364
57
18
32 4
17
68%
7,768 101 %
955; 18
67
j
424
*154
98
!
67
39L>
i*140
109
66
*128
4%
211
37
8%
184
794
••••••
*135
......
*144
*65
j 130
320
*93
140
80
1L0
88%:
1,9b 5
12,470
1,060
! 1044 1064
8,90 /
41
41 %i
1,625;
90% 91%;
2,920
384 394 28,050
1394
140
304
93 %
45
80
1,175
38%
|
1094 1094 *108
100
660
664
76
76
904
79%
o7,0io; 544
108
114% 114%
64% 64%
*1024 105
108
1084
27% 27%!
no
1
04 4
90%
38 4
89
85
560
210
*87
734;
40%;
9 Li
30
I
04
90
37
90
j
*25
29%
104 4 10 4%
75
6
9
30
5
7T4
1044
103
25
17
o
2»j
104
40
j
94
234
4:
25%
21 %
48
394
*6
214
*25
<
O
434!
384
76
1
25
314'
10%
4041
11
140
25
94!
384
764
j
214
2,879 13
4,345, 39%
*78
|
494
*144
1741
104
1
80
49
139
92L>
194
914
*9
324
764;
46,^75
*914
214!
92
50 V
73
144
041104 h
474
964
*22 L>
334;
73
*8
138% 138% *135
74 4 744
26
*s7
*36
954
108
10
!
10
324
11
7
213s
46%
234'
49%
74
215
*24 h>
164
88%
104j
42%
2234
46 %
330!
164
200
874
10%
9%
314
184
*34
41
24
91%;
484'
|
574
184
334
144
1
90%!
41
54
184
374
26
62
62%i
40
40
|
102 4 102 41
|
394
544
18%
!
215
26
16 i
4,4
964
924
624
004
734
68
131
4
15
33
1084 109
( 27% 27%
28
115
10%
1*1154 117
j *15
164
34
| *33
304
004
7(*4
284
634
*65
*128
■
73
30
194
112
04 4 04%!
105
102
*1084 110
27%
534
484
1084 109%
184 19 I
22 34!
21%
90
*10
*7S
46%
%
704
274
61%
*87
26
1084!
16
194
78%
114
1334 1344^
234 234!
57% 574j
11
11%:
*644 66
244
103
TO
204
914
434
2 L
4
129
*144 154;
10% 40 %|
40% 414!
*107% 1094:
534 54
91%
*48%
*101
10
j
204
*25
115
21%
46
*
94
32
17
4
1114 1124,
'1414 1424
11
65
*38
894
874
414
17
j
224
714
28%
*72
101
25
25
614
304!
074
194
128 4 129
94
104
Whitebreast Fuel Co
| 874
Columbus A Hocking Coal....
314
New Central Coal../.
15
Tennessee Coal A Iron
304
Various Stocks, Ac. (Uni isted.)
Amer. Cotton Oil Trust
Pipe Line Cert ificates
j
22%
704
27%
614
143
1 10
110
6(5 34
6(5%
2d
*14
174
9%
*5%
92 4
1‘Jlo
79
1084 108 ‘8
194 20
'3
75
25 4
20 :U
3%
*6%
Bt. Louis Alt. A Terre Haute.. j
8t. Louis Ark. A Texas
254
143
145
08
474
96
*12
79
804
131
1534
204
92%
794
*05
15
33
*23
204
914
774
114
116% 116%
"224
81%
....
are the p;
254
804
804 SI4
Cincin. Ind. St. Louis A Chic
Quicksilver Mining Co
r
78 L>
34
*10
90%
874 874
1084
10
10%
i39%
*128
*48%
103
139%
Cincinnati Wash. A Baltimore.
Do
pref.
Harlem
These
464
'8
Houston A Texas Central....
Mexican Central
New York lAck. A Western..
Omaha A St. Louis, pref
Oregon Short Line
Pullman Pal. Car Rights.
129
94 Oct.
4910 Sept.
19,170; 49
July
7,320 554 Jan.
1.679 284 Oct.
260
2
Nov.
4
Nov.
1,635
Nov.
480;
3
2,202 12;s4 Oct.
112,397! 694 Oct.
355 110
Oct.
27,445 104% Oct.
200,137% Oct.
1,302:109
Nov.
500
12% Sept.
300. 35
Jan.
4,450, 34 Oct.
135TOO
Oct.
1,175 47% Oct.
525 15
Sept.
61,980,1234 Oct.
Oct.
945j 204
2,100! 524 Oct.
1,480
94 Oct.
1,145; 52 Sept.
3,360' 18 Oct.
100! 80 Sept.
214 Feb.
700
7% Sept.
589 114
Oct.
132; 12 Sept.
.8% Oct.
1,000!
544
584
4
64
4
......
38 % 404
39
!
70
'
764 764
1044 105
104 1044
40
41
i 40
*40
904 904
904 91 *
39
374 384
38
94
944
94
1404 1414 13934 Ml
135
Richmond-A Alleghany
23%
70
i*140
Chicago A Alton
'
224
464
38
Inactive Stocks.
American Tel. A Cable Co
Cedar Falls A Minnesota
Do
16
434
1034 105
1*1084 110
Wells, Fargo A Co
16
113
*05
274
534
18%
*
1084
19%
424
364
374
*1034 105
*109
110
;
Kxpress Stocks.
17
43
90
*87
I
Wheeling A Lake Eric
Miscellaneous
404
254
pref.i
1
32%
*104
.
10
65
25
92
90
'79%
19%
41%
101
f
21
194
pref.;
New York A Now England...;
New York Ontario A West....!
New YorkSusq. A Western...;
*90
88%
,*1074 1084
n
Do
244
90
19*4
1st
65
11
65
24
*48% 484
*10% 10 :<4
116% 1L6 %
104! 154 16
*33
344
16
104
16%
48 4
47
4734
95% 96%
954
93
"914 93
,
62
024
624
44
46
| *38
!
Do
34
244
10%
1174
’94
New York Lake Erie A West’n
*23%
584
1134
25
92
Nashv.ChattauoogaASt.Louis
New York Central A Hudson.!
New Y. Chic. A St. L., m w
574
774
Lowest.
900
U4
514
133% 1344
50
24
92
*12
104
47%
954
*914
01%
90
87%
•10%
204
j
894
87
108
87
108
*10
*23
,
pref.
11
544
59
78
34%
.
Do
pref.
594
East Tennessee Va.&Ga. R’y.i
114
Do
1st pref.! *044
Do
2d pref. j
254 254
Evansville & Terre Haute
j
Fort Worth «fc DenverCity
; *484 484
Green Bay Winona & St.Paul.;
104 104
Illinois Central
1 117
117
Ind. Bloom. Sc West., ass.pd.., *154 104
Kingston A Pembroke
' 344 344
Lake Erie & Western
j
104 104,
Do
do
pref.| 474 48
Lake Shore Sc Mich. Southern.1
954 904;
Long Island
Week,
Shares
!
o
1334 1344
244
Friday,
Nov. 25.
*11
11
544
584
78 %
324
*3
34:
*6
04
04
6%
6%
34
34
34
*34
*34
x 129
132
1314 133 4 132
12934
133
77
7 < 4
704 78 I
774 78%
78
114
1144 1134 1144 114
1114 114
112 4 1114 1124 11138 1U4 1114 112
142 4 1424 142% 142% *1414 1424
144
ll04 1154 1154 115
1154 1154 1154
15
15
15
154
15 4 *144 154,
41
41
404 404
414
40% 41%
40% 40 34
444; 404 414
109
109
*10734 no
HO
534 534
5334 5334
53% 534
oo
|
26
26
26% 264
304
34;
1334 1334
Delaware Lackawanna & West |
Denver Sc Rio G., assessm’t pd
Wednesday, Thursday,
Nov. 23.
| Nov. 24.
ili
Julv 2"
31
Jan.
3
104 Nov. 19
8 34 Jan. 10
35
May 14
1134 Feb. 18
45% June 6
Feb. 12
25
874 N( v. 21
50
Apr. 27
Jan. 11
18
54% Jan. 14
644 Jan.
3
754 Nov. 17
THE CHRONICLE.
700
BONDS AT N. ¥. STOCK. EXCHANOE, AND RANttE SINCE JAN. 1, 1387.
BONDS-LATEST PRICES OP ACTIVE
Atl. & Pac.—W. D. inc.,
Guar., 4s, 1937
CaD. South—1st guar.,
2d, 58,1913
Nov. 18: Arov. 25
38=% June
90
109
Jan.
June
5s, 190b 100%a,jl05%b. 104 Sept,
03
I 92 b. 87% Sept. | 95% Jan.
’99, coup, oil
Central of N. J — 1st, 7b, 1890..400
Consol.78,1899, assent
;114
Convert. 7b, 1902, assent
113
Adjust. 7s, 1903
116
Convert, (leb. 6s, 1908
! 80
b.466% '104% Aug
a.;ll2-u 407% Jan
1898.. 110
Central Pacific—gold 6s.
Ban Joaquin Br. Os, 1900
Land tyrant Os. 1890
Clies. & O.—Pur. m. fund 6s,
102
’98
68
60
B,1908, coup, ofl
Extern coup., 4s, 1980
6e, currency, 1918
Mort. 6e, 1911
65
a.
b.H03
b.j 101
b. 101
102
..
10378bJl0234
103=14
Oct.
I 94
_117%b.ll7
b.
Sept.
Oct.
b.!125
Nov.
b.j 124
103%
} 06
May
Mar.
June
Alar.
June
Jan.
j 32
Jan.
100
Feb.
108%
107%
108%
j 99
103%
122%
130%
119%
109
108
102% Oct.
Oct.
Oct,
June
Mar.
Apr.
Jan.
Juno
Jan.
June
June
1921.
Michigan Div.—1st, 6s, 1924..
Minn. A St. L.—1st, 7s, 1927
Imp. A Equip.—6s, 1922
Mo. K.ATex.—Com, 6s, 1920...
Mil. Lk.Sh. A W.—1st, 6s.
107
b. 107
Janies R. Val. — 1st, 6a, 1936..
N. Pac.Ter.Co.—lat, 6b, 1933... 101 %b.
Ohio A Miss.—Consol., 7e, 1898. 115%b. 116
10534 May
Nov. 442 Jan.
Sept. j T 33
Jan.
May ‘120% Sept.
70
64
68
29
91 %
95
69%
77 %b.;
b.
33%b.i
35
967s - 95% ;
-.1
Eliz. Lex. A B. Sandy-68,1902.! 97 a.
b. 12 If
Erie- 1st. consol, gold, 7s, 1920 131 b. 132
a.
Long Dock, 7s. 1893
-112 %b. 115 b. 112
115
Con. 6s, 1935
1*2
jil t a.
Det.Mac.&M.—Ld.gr.3%8,1911
£. Ten.V.A G. Ry.—Con.,5s, ’56
N.y.L.E.AW—2dc
on.
..
-•;
84
Gal.Har.A San.Ant.-1st, 6s,’10 109
2d M., 7s, 1905
j 110
West. Division—lbt, 5s, 1931.1 94
.!
2d,€8,1931
Gr’nB. \V. ASt.P.—1st,6s, 1911 99
2d income 8s, 1911
I 37
Gulf Col. A San.Fe—1st,7s, 1909 120
1 96
Gold, 6s, 1923
Henderson Br.Co.—1st. 6s, 1931 108
114
H. A Tex. C.—1st M. L. 7s
1 12
let, West. I >., 78,1891
1 st,Waco A N. 7s, 1963
2d, consol. M. L. 8s, 1912
Gen. mort. 6s, 1921
j 111
160
! 65
Ind.Bl. A W.—lBt.prel’.,78,1900 110
1st, 5-0e, 1909
j 94
2d, 5-68.1909
j 84
109% Alar.
a.!
June
111
Eastern Division— 6s, 1921. ..
93
Income, 6s, 1921
I 23
Int. A Gt.Nor.—1st, 6s,gold,’19:110
28
b. H8
Aug
b. 67
Oct.
b.'l08%b. 1 (:6% Mar
b.
b.
b
b.
115%
11334 b.:
! 115 b.
106 b.
112
his
Sept
113
04
Feb.
Feb.
1
55
Oet.
i
b.'ll.O
‘91
75
b.
b.
b.
168
81
a.
i
b. 110
2d, 6s, 1930
64
Jan.
124
Aug
122
( )(' I .
b. 118%b. 120% Afay
a.'11234a, 112% July
96
105 Jan.
b. 90% Jam
Ill
1113
b.l 95
b. 115
b ilU
118
b. 112
l». 107
General, 6s, 1930
Trust Lords, 6s, 1922
jl08%b. 108 b. 104%
|
10-40,68, 1924
!
| 98
Lou. N. A. A < b.~ 1st. 6p, 1910. Ill b. l 13 a. 109
Consol., gold, 6s. 1916
| 1*2
1 93
90
Mem. A Ch’lstoii-Gs, gold, 1924 102%hj 102 b. 100
Metro. Elevated.—1st, 6s, 1908. 117 b. 116%
113
2d, 6s, 1899
.il06%b. 106%b. 106
Mexican Cent.—New ass. 4s
i 51
j 7d b.j
Incomes, 3s, 1911
‘ 22% j 22%a • 19%
Mich. Cent!al—1st, eon., 7s, '02 1*24=bb 4 24 b. 124
....
.
100
129
So.
115
July
Jan.
Jam
Sept.
99
107
June
J an.
Jan.
.
Kail. Pacific—1st,Os,
Nov.
Oct.
Oet.
Oct.
1st, 6s, 1896
Denver Div.—6s, 1899
62
90
102
’22..
Gen’l mort., 5s, 1936...
Chicago Divison—5h, 1910...
Coil., conv., 7s,4907
2d, 7s, 1893
Sd,7s,1906
i
.116 b. 115 Nov. 126 Apr.
Jan.
Pac. of Alo.—1st, 6s, 1888....' I01%b. 10l%b. 100% Aug. 105
2d mmt.. 7s. 1891
103 b. 105% July 110% June
70%
60
1
i
b.
137
May
110^8 June
133% Apr.
101% May
99
80
123
Alay
Apr.
Jan.
128% Apr,
110
Jan.
HOSq Feb,
77
Apr.
96% May
115%
86%
118%
107%
May
May
Apr.
111
Alay
Alar.
107% Juno
4 23
419
Apr.
Jan.
90
56
Sept.
Jau.
Jan.
101
74
j
...
.bin.
99%
160
!
72
100
Nov.
Nov.
< >ct.
95
Si
a.
82
a.
15
56%
55 b.
49
103
102%b
89
93 %
a.
92
82
112 b. 111%-b. 110%
Ill
110
b. 106
9J
95 %b.
b.
96
b
90
! 80
111
b. 109
112%
95 %b.
92 b.
93%
110%h. 1 1 () %b. 109
1* 0%
100% j 97
Oct.
Jau.
Feb.
Aug.
Jail.
Jan.
Apr.
Alay
109% June
112
Feb.
99% Jan.
97% Juno
119% Alar.
103% May
Sept. 120
113
O'.)
101b
Apr.
Juno
66% Feb.
Sept.1 7
116%b. 114
1(4 b. KU %!<*. 102
i 11 2%b. 114 b. 110
94
b.
b.
112
110
Sent
j 89
J an.
28% Jan,'
.115
J uly
58"
Oet.
(let.
Oct.
Oct.
a.
80
43
b. 160
b | 70
94 b.
91
92
94%
73
101
Virginia Mid.—Inc.. 6s. 1927—
27% June
131
Apr.
119
Apr.
Sent
Feb.
1 ll%b 110
10a 1* 105% Jam
....
consol, 6s, 1919
Oregon Sh. Line -1st, 6s,
1st
Alay
Alay
1895....I110%b. I13%b. 10.’% Sept.
j lll%b 412 b. 108% S(“pt.
Sept. 120% Alay
Apr.
Sept. 113
Feb. j 7534 June
Sept,
■
I 94 %
i 117
Apr.
115% May
Aug.
Apr,
107% Apr
July
65
13
%b
j 67%
I 08
Tol. Peor. A West—1st, 7s, ’17 !
Tol. A Ohio Cent.—1st, 5s, 1935
Feb.
Alay
Alar.
l(9%b 108%: Ocr.
’15j 51=%
Alar.
Feb.
.1 111 v
Jain
June
109
103
1 4
Due.,Cal.—1st, 6s, 1905-12..;
Tex. A Pac.—Inc*. A Id gr, 7s.
Rio Grande Div.—Os, 1930
Gen. tuort. A term., 6s, 1*905..
Tol. A. A. A N. AL—1st, 6s, 1924
121% Feb.
113% J tine
99% Alay
117% May
114% AiaV
Apr.
66
So. Pac., Ari.—1st, 6s, 1909-10..411%!>.
So. Pac.. N. AL—1st, 6s, 1911. .
108 b.
126% May
125
Sept.
109r\-J>. 109% Nov.
JMise’iil’ac.—1st, cons., 6s,1920 110%a.
78
i
89% Oct.
417
H13
1
122
98
Nov.
60
li.
14 %b.
2d, 6s, 1931
Inc., 6s. 1931
Alav
! 79% May
! 77% Nov.
1118 b.
Lou. A Nash—Consol.,7s, 1898 121
N. O. & Mobile—1st, 6s, 1930. ;109%1>. 100%b.
E.B. AN— 1st, 6s, 1919
119% Alay
1 P.o% Aiay
112
89
431
:
,
119% Jan. 124% Fell.
99
86
Aug.
Alay
70
Sept. ! 89%.Iune
88
Sept. j 98% May
19% Oct.
34% Apr.
90%
21
May
Alay
110
Feb.
1 1934 Alav
Alar
j 66% Mar.
'
125% June
10634 June
1).1120
b i 95
b.
72
Kent. Centr.—Gold 4s, 1987
1 72%
Knoxv. A O.—1st, 6s, gold, 1925i 90%b. 90 b.
LakeSh.— Con.eonp.,lst,7s,19o0425%1>.
Con. coup., 2d,
VUU.
^<1, 7s,
I r, 1903
x »’........... Il23%b.
1
—j; i r. 123
.
b.
Long Island—1st, 7s, 1898
1st, consol., 5s, 1931
109
53
t
Apr,
Sept,
•
1 92% Feb.
Oct.
114
108
Uf
Jan.
100% Jan.
a.1 93%a. 91% Oct.
,..j
! 92% Jan.
b.'i 99%t».
97 Oct
35
b.t
! 80
Coupon, 6s, 1909
105
......
89% Apr.
113% Jan.
.
98% May
Sept.
Oet.
75
:
8
102% Apr.
!
96% Oct.
106% Jan.
100
b. 114
b. 111%
a. 4 07%
b. 102
a.
31
Jan.
Jan.
“
Mar.
b. 109 %b. 105
90
■
120
Alar.
93% Feb. 101% May
84% Oct. i 95% Alay
jH'l
6s, 1969 101%
Fundi d coupon, 5s, 1969. ..
Ft. W. A Denv. C. -1st, 6s, 19211
433
Oct,
Alay
110
112% Apr.
Springfield Div.—7b, 1905
105 b, 105
Feb. 411 % Apr.
Ohio Southern—1st, 6b, 1921.
35 b, i 36
Sept. j 50% Alay
2d, inc., 6s, 1921
)6% ! 98%
,89
Sept. 102% Alay
Oregon Impr. Co.—1st, 6s, 1910
112
Jam
Alay
Ore. R.&Nav.Co.—1st, 6s,4909 HO^b. ; 110%b. 108
99
Jan.
Aug. 106
Consol., 5s, 1925
j 99 b. I 99%
93%
90
Sept. 104 % Apr.
Oregon A TranBOon.—6s, 1922..\ 94
!
Nov. 115% Juno
Pe.o.Dec. A Evans.—1st, 6b, ’20. 11 l%a. ll2%a. 109
Feb.
105% Oct. 112
Evansv. Div—1st, 6s, 1920... 106 b.
60
77
Rich A All—1st, 7h, 1920. tr.recj 60
Apr
b.j .55% Oct. 115
4 09
June
Sept.
Richm. A Dan—Cons., 6s, 1915:112%b.
414
Feb.
106
Apr.
Debenture, 6s, 1927
!
Alar.
Feb. 4 20
Roch. A Pitts.—1st, 6s, 1921... 416 l). 116 % b LI 14
b 1108
114
117
Jan.
Apr.
Consol., 6s, 1922
|114%b.
409
b
n.
107% Nov, 112% Alay
Rome W. A Ogd.—1st, 7s, 1891. 109
102 %b. 102%
i 98
Oet. 404% Mar.
Consol., extend., 5s, 1922
97 %b. : 98%
Oet.
168% Apr.
! 92
St Jo. A (id. Isl.—1st, 6s, 1925
60
a. j 4 5
b j 65 J uly ; 75 Apr.
2d, income, 5s, 1925
113 b 113
June
Aug. 116
St. L. Alt. A t.II.—1st, 7s, 1894.
110 a: 410 a 107
Sept. 112% June
2d, AL, pref., 7s, 1894
103 a 103
Nov. 108
Jan.
2d., AI., inc., 7s, 1894
J uno
Oct. ; 4 3
i 33
Dividend bds, 6s, 1894
>7
b, : 95% Sept. 102% Apr
b
St. L. Ark. A Tex.—1st, 6s, 1936 98
44% ! 35
1434
Sept, ! 55% Jan.
2d, 6s, 1936
i
Jan.
1169 I), 107
Sc‘pi. 115
St. L. A Ir. Alt.—1st, 7s, 1892...1109
109
b
109
2d mort., 7s, 1897
May 114% Alar,
409 b, 1
I 89% Get. i 99. Jan.
Gen. Ry. A land gr., 5s, 1931.
91 b, 93
jl09 S) pt. 115% Jan,
St. i>. A San IT1.— 6s., Cl. A,1906 112%b 113
110=% Nov. ; 117
Apr.
6s, Glass B, 1906
112 %i; 1 13
1 14%
Hot. Nov. 117% Apr,
6s, Class C, 1906
|
113=46 168% Feb. 115
May
Geti’l mort, 6s, 1931..
1113:q
Gen’l mort., 5s, 1931.1
100 b 10061) ; 97% Sept. 101% Juno
104% Jan.
1 to
J U1V
So, Pac,, Mo.—1st, 6s, 1883... 1.02%b 102%
111
b .1110% Jan.
118
Apr.
St. Paul AT. A AL—1st, 7s, 1909
121
Alar.
1 12% < >et.
2d, 6s, 1909
115 b 1.51
1st cons., 6s, 1933
116%b 11 6 % 11 I 14 % Sept 120% Afay
4Vb. 101 % May
98
Do
reduced to 4 %s j 98Ji>a 1 97 %o
95 b
92% No.v. •109
May
Shenandoah Val.- 1 st, 7s, 1909! 97 !>
36%
32
Alay
Sept ; 55
Gen’! mort., Cs, 1921
107% Jan,
(><- r.
95
So. Carolina—1st, Os, 1620
1 94 1>. 95
1
115
112
2d, consol., 7b, 1911
Sept. j 82
Apr.
78
Jc. n.
Sept.
Apr. j 86%Juno
56
Sept,
May
Sept. 101% Apr.
108
Jan.
Sept,
Sept, 137 June
Oet.
Jan.
98 %b. 1U078
Gen’l, 2d, coup., 1933
Jan.
Alav
•
b.
75
123
121
Jan.
*91%“
'
b.
117% Nov.
114
130
„
I03%a. 102% Nov. ‘109% Apr.
102%b
--128 34 Sept. 135
Jail.
Chi.K. I.&Pac.—6b, coup. 1917.1131 %b. 133
107
July 110% Feb.
jl08 b.408%
Exten. & col. 5s, 1934
AIayCh.St.P..AL«fcO.—Coneol.6a.’30 419% 119 b.;n« Sept. 124%
% Jan.
St. Paul cV S. C.—1st, 6s, 1919 123%
123%b.;122 Oct. 127
102
Feb.
Ck.St.L.& Pitts.—1st,con.5s,’321 98 b.jlOO b.; 98% Jan.
104% Oet. 111% Alay
C. C. C. & Ind.—Gen. 6s, 1934 ..105
98 b.j 95
Oet, 104% June
Col. Coal <fc Iron—1st, 6s, 1900.. jlPO
72% j .60
Sept. 88% Jan.
Col. H. Vol.
Tol.—Con. 5s, ’31 72
Jan.
63% Oet. j 91
Gen. gold, 6s, 1904
....j
Feb. 121%Juno
DenverKioGr.—1st,7b, 1900ll7%b. 117%b.'ll8%
b. 75% Oet.
78
82% June
1st con. 4s, 1936
j 79%
Den.& K.Gr.W-1st,6s, 1911.1 75
Assented
! 69
Den. So. Pk. & Pac.—1st, 7s, ’05: 77
119%
115
132 %a, 130 a.
Aug.
70 b. j 8534a.
70
Nov.
83% I 80%
76% Nov.
72%
; 71
66
Nov.
Consol., 5s, 1920
108 b. : 108%
103
Nov.
Consol., 7s, 1904-5-0
b. 1087g Ft b,
Mobile A Ohio—New, 6a, 1927 .. 113 b. '113
107 a. 105 %b. 104
May
1st, Extension, 6s, 1927
46 b.
47% a. j 40
Oct.
lstpref. debentures,7s
i
S3
8434b. I 84%
Aug.
Mutual Un. Tele.—S. f., 6h, 1911
128
b.
128
b.
4
25
Nash. Ch. A St. L.—1st, 7s, 1913
Stq>T.
103
b.
104
%b. 403
N.Y. Central—Extend.-, 5a, 1893
Aug.
N.Y.C. AH.-1st, CP., 7s, 1903 135 b. 135 b. 130% Sent.
103
b.
108 %b.
! 106
Alar.
Debenture, 5s, 1904
Io0%)>- 130 b. 127% Oct.
N.Y.AHar.—1st, 7s, 1900
85
Jan.
N.Y.Chic.ASt.L.—1st, 6s, 1921..
70
Jau.
2d mort., 6s, 1923
60 b.
58
62%
N.Y. CityANo.—Gen., 6s, 1910.
Sept.
N.Y. Elevated—1st, 7s, 1906.... ll8%b. 1 i 8 %b. 116% Sept.
N. Y. Lack. A W.—1st, 6s, 1921. 126 b. 126 b. 124% Ocr.
108 a. 106
108
Sept.
Construction, 5s, 1923
N. Y. Ont. A W.—1st. 6a. 1914.. 108=%b. 108 b. 106
Sept.
69
Feb.
N.Y.Sus.AW.—De.b.,6s,’97,cp.ofl
90*’b.
87
Oct.
1st refunding, 5s, 1937
110 34
107
Alidland of N. J.—1st, 6s. 1910 110%
Aug.
76 %b. 77%
69% Sept.
N. O. Pacific—1st, 6s, 1920
117
115%
113% Sept.
North. Pacitic—1 st, coup.,6s, ’21
117
b. 105% Nov. 1110% Alar.
106
Nov. 110% Mar.
*107* *b.
1933
Feb.
j 75% Jan.
b. 111% Oct.
1). ■ 114
1st, Chi. & Pac.W.Div—5s, ’2140376
100
Wis.&Min. l)iv.-5s, 1921.... 101%b.!l01%
b.'lOl
102 a, 101
Terminal 5s, 1914
137
Chic, & N. W—Consol. 7s, 1915 138 b. 128 b.j 136
%t). 127
12834
Gold, 7s, 1902
Sinking fund 6s, 1929
Sinking fund 5s, 1929
Sinking fund debent. 5s,
25-year debent. 5s, 1909
119
118 s4 June
Nov.
I 92
93%
99%
9314
99
118
125
114
Oct,
Nov.
Nov.
Feb.
Oct.
62
14
89
15%
89
a.
™
1922
Chic. & Ind. Coal R., 1st, 5s, ’36
Ch.Mil.A St.P—1st, I. & M.78,’97
Consol. 7s, 1905
1st, So. Min. Div.—68,1910....
Jan.
June
Sept.
lll^b.jioo Sept. 116
102 b.l 99
Jan.
106%
113% Feb. 11834
b.
111%! Feb. 116
100
IO214
July 105
115
107 a 110
Sept.
|
66
b.
Sept. 81
83
103
Denver Divis., 4s,
May
95
I
lJiub.
Chee. O. &So. W.—5-Os, 1911...
Chic.Bur. & Nor.—1st, 5b, 1926.
Chic. Burl. & Q.—Deb. 5s, 1913.
94
! 110
Jan
b.:113 b.,109
105% Jan. 108%-June
b. 113 b.j 837g Jan. jllG
Nov.
100
June
100
certificate., .
Lein <fe W.B.,con.7s, 1909,ns’ut: 111%
Am. Dock <fc Imp., 5s, 1921. ..402%
Interim bond
Aug.
v“°'
XT.,
Railroad Bonds.
Highest.
23% Oct,
80 s4 Sept .
82%b.l 82%b.
Cen. Iowa/— 1st, 7s,
6s, gold, ser.
Lowest.
! 28
28%
6s, 1910
Closing.
Range since Jan. 1.
Closing.
Railroad Bonds.
[Vol. XLV.
Feb.
115
Alay
115
Alar.'
117% Apr.
109
Apr.
107% Jan.
99
Jau.
90
Apr.
60% Alay
104% Alay
97
Alay
117% Alay
116 .Alay
Alar.
Alay
Alay
117% May
107
May
111% July
Sept
104% JULO
Nov.
Oci.
Jan.
Nov.
108
99
Note—The letter “ b” indicates price bid, and “ a’ price asked; all other prices ami tuo range are from aotuaL sales.
IJONDS.
STATE
SECURITIES.
Alabama—Class A 3 to 5
Class B, 5s
Class C, Is,
I
1906
Bid.
6b, 10-20
1900;
Arkansas—6s, funded..1899-1900
7b, Little Rock A Fort Smith, iss.
7s, Alcinpliis «V Little Rock, iss..
7s, Arkansas Cenlial KK
103
105
li
18
1890; 104
Louisiana—7s, cons
Stamped, 4s
Mleldtran—7s
1914
.J 24
100
;
91 %
1 K9(V -j <>5
j,
I
93
due 1S89 or 1890
University, due 1892
Funding
York—Os, loan
6s, loan
26
15
Missouri—63
Asylum or
New
10
Georgia—7s, gold
1 11
5
105
10
Bid.
SECURITIES.
Ask.
106
1906' 108
1906
,
i
1 i
1894-1895
1892
1893j
North Carolina—6s, old
JAJ j
Funding act
1900
New bonds, J. A: J
1892-1898
Chatham RR
Ask. i
Bid.
8ECU KIT IE
Rhode Island—Gb, cou. .1*93-189 1
1888
1893
Brown consolidated 6s..
Tennessee—6s, old
181 2-189s
..1912
Compromise, 3-4-5-Gs
...1913
...1913
5s.
...1913
3s
..
1910
(>s
1919
H
63. defer.-ed. trust
115
5%
106
60
70
100
108
63
73
99
72%
73
48
90
Virginia—€s, old.
Special tax. Class 1
Consolidated 4s
Ask.
roe
.
.
60
10
ii
November 23,
THB
1887. J
BONDS—STOCK EXCHANGE
Bid.
SECURITIES.
SECURITIES.
1
*36"
123
I
106
j
Registered
Boat. II. Tun. & W.-Deb. 5s..,1913
-•
•
-
-
•
*
•"
105
Brooklyn Kiev.—1st, G., 6s...19-4
Burl!
3-5s
191 o,
Ce. Rap. A No.-lst, 5s.
Consol, A col. tr, 5s....
190G;
HOG
82^1
KG^jlOT
\
Registered
!
85
1912;
Sinking fund, Gs
Louis. & Mo. River—1st .^....1903
7s..1900
2d7s.
1900)
St. L. Jacks. A Cldc.—1st, 7s. 1894;
1st, guar. (564), 7s
189P
2d niortg. (360), 7s
1898,
2d, guar. (188), 7s
1898,
Miss. R. Bridge—1st, s.f.
68.1912,
Chic. Bulling. & Q.—Cons.
7s.1903;
5s, sinking fund
19011
Iowa Div. Sink, fund,
5s..1919;
Sinking fund, 4s
1019j
Plain, 4s
1921;
Nebraska Exteiidun 4s
19211
Chic. Burl. A No.-Deb. 6s....1896
dii. R. Isl. A Pac—6s, coup.. 1917
1934
.
99
91
98
let, gold, 3^8
Springf. Div.—Coup.,..Gs,
123
125
1st, consol., 7s
2d, Gs
Gold, 5s, coupon
i'lO'
11G
113 '4
113 :{4
115
115
105 V>
r
11!
1
iis
ii
1194;!
90
i
[I1
iiG
62
107
109
94
95h>
117
9G^
96
97*‘
131
108 >21
GO
i
109
|
i
.
1
“
120
1907
1951
Dub. A 8. C—2d Div., 7s... 1894
Ced. Falls A Minn.-1st, 7s.1907
......1
1st, 7s,
100
103
ex.
|
85
1
1
91
!
103
103 k>
130
|131i2
139
109
116
123
1142
! 110^2
fd., Gs.1936
St. Paul A N. P.—Gen., Os.. 1923
Registered
s.
104= kr
*110
107
jll5
94
93
114Dj .17
100
101
101
11011*2
1011*2
10G
102
74
i00k>
104
A.Mar.-1st,
Gs.. .1921'
1'iice Friday; these are latest quotations made this week.
4s. 1937
1921
1st, Gs, 188G
1910
j Coupons off
St. Louis A Iron Mountain—
!
Arkansas Branch—1st, 7s.. 1895
Cairo A Fulton—1st, 7s
1891
! Cairo Ark. A. T.—1st, 7s
1897
St. L. Alton A Ter. Haute—
i
8534
73k?;
130
7
3
....
lOSkJ
120
110
110
8718
Central—1st, s. f., 7s
lstmortg. 78
I ;Tex. A N. O.—1st, 7s
Sabine Division, 1st, Gs
11
90
85
83^
b*!^
*
50
111
113
105^
110
120
llli*
1910; *115kj
|l Min’s Un— 1st, Gs
1922
||St. Paul A Duluth—1st, 5s
1931
jSoduR Bay A So.—1st, 5s, g...l92 L
'
1909
.1911
1905
1912
Valiev R y Co. of O. —Con. Os. 1921
Wab.St.E A Pac.- Haw Div.-Gs.’lO
Indianapolis Div.—Gs
1921
Detroit Div.—Gs
1921
Cairo Div.—5s
1931
Tol. A Wab.—Equip. bds.,7sl883
Quin. A Tol.—1st, 7s
1890
Han. A Naples—1st, 7s
1909
Ill. A So. Iowa—1st,ex.Gs.1912
St. L. K. C. A N.Clarinda Br. —Gs
1919
Telegraph—7s
1904
Wheeling A L. E., 1st M. 5s. .1926
Manliat. Beach Imp. Co.—7s. 1909
86 k» iTenn. C. I. A R’y.—Consol.,Gs. 1901
South Pitts.—1st, Gs
1902
Bir. I)iv.—1st con. Gs
76
1917
Col. A Hock. Coal A L—Gs,
g..l9I7
Income Konds.
100
101 34
llOk? 117
141
139*4
Bel lev. A So. Ill—1st, 8s. ..1896
A Car.—1st, Gs
1923
Registered
*7814
!
1926|
Scioto Val.—1st, cons., 7s
St.Charles Br’ge—lst,Gs.l908
No. Missouri—1st, 7s
1895
103 I :Wab. Sr. L. A Pac.—Iowa Div., Gs.
1051*, West. Union Tel.—Coup. 7s.. .1900
....
Det. Mack.
I
N. W.
103
105
117
im*>i
10G13:1071*»|
1025s;
100
106%
Atl. A Char.—1st, pr., 7s
1897;
I
Incomes
1900
I Rich. A W. Pt. Ter’l. Trust Gs. .1897
San Ant.A Arans. —1st,Gs,’85-1916
Tex.
.
Omaha A St. L. R’y.—1st,
...J! Ore*.'on A Cal—1st. Gs
7*
St. Paul Minn. A Man.—
Dakota Exten.—Gs
....
139
Pa. 60.’s guar. 4k3s,1stcp..1921
Pa. Co.’s 4*28, reg
1921
Pitts. C. A St. L.—1st, cp., 7 s. 1900
2d, 7s
1913
Pitts. Ft. W. A C.—1st, 7s... 1912
2d, 7s
1912
105
,
104
....
!
St. Louis A Sail Francisco—
1st, Gs, Pierce C. A 0
1919 *105
Equipment, 7s
1895 109
Kan. Cirv A S.—1st, Gs, g,191G 105
Ft. S. A V. B. Bg.—1st, Gs. 1910
St, L. K.AS0.W11.—1st, Gs.1916 "9 s'
T(>x. A Pac.—1st, Gs
1905
io’b’
1st, Gs, ex coupon
98
Consol., Gs, trust receipts. 1905
190oi*W,
j
Helena A RedM’n—lst,g.,Gs.l937 ib*3**
Dul. A Manitoba— 1st, g. Gs.1936 ioik>
7s of 1871
1901
llel. B.Val. A Butte, 1st, Gs.1937 ion*}
1st, con., guar., 7s 1
1915 13GH 136 34
Drummond A P’bg —1st, 5s 1937
::::
Del. A Hud.
IN. O. A No. E.-Pr. 1., g., Gs ..1915
Canal—1st, 7s... 1891 ; 109
1st, ext., 7s
New Or. A Gulf—1st, Gs
99" i<>5
192G
1891; 107
Coupon, 7s,
1894 1M1-2L...
Norf. A. W.—G(m., Gs
114
1931 111
Registered, 7s
New River—1st, Gs
1894! 111 !....
1932
Pa. Div.,
!
coup., 7s
1917i 138
Imp. A Ext.. Gs
1934 **96**
Registered
! 138
! Adjustment M., 7s
10*4
1924 loi
Albany A Susque.—1st,
lObigHoi
Ogd. A Lake Cli.—1st, Gs
1920
7s..1888!
1st. eons-.,
guar., 7s
190GI 125 i....
jOliio A Miss.—Cons., s. f., 7s..1898 116 1II8
Registered ..."
:
>
General 5s
1932
87k*
1st, cons., guar., Gs
1900 117
1173s 'Ohio Cent.—1st Ter. Tr., Os...1920
Regist-i red
! Min. Div.—1st, Gs
I 117
1921
Rcns. iV
8ar.—1st, coup.,7s. 1921! 140 inf Ohio River RK.—1st, 5s
1930
1900)
-
j Bellev.
Registered
Spok. A Pal. —1st,
11513
1st, Gs.1397 115
1st, 6s
1898 1151*2 llOki
Col. Trust, Gs
1908 10G
95
Col. Trust. 5s
1907
C. Br. U. P.—F. e.,7s
1895 10IH
106
Atcli. Col. A Pac.—1st, 69.1905 104
A tell. J. Co. A W.—1st, Gs.1905 100
93
Ut. So.—Gen., 7s
95
1909
91
Extern, 1st, 7s
1909
Missouri Pacific— ’•?
Verd’s V. Ind. AW., 1st, 59.1926
Ler. AC’y Val A. L.,lst,5s.l92G
95%
Sit
10G
..
113
jl 14
131V136
j
..
*
N.Y. Susq. A West.—2d, 4kl8...1937
N. Y. N. H. A II.—1st, reg. is.1903
N. Y. Tex. A Mcx.-lst, 4s ...1912
Northern Pacific—Dividend scrip..
Dividend extended
117k2 119
ik> 115^
Clew A P.-Cons’.*,'s.* fd.*, 7s'.
411i, siuk. fd., Gs
-..1892 .,VTi
St. L. V. A T.II.—1st, g.,7s.l897! 11412
I
2d, 7s
;
1898 ----2d, guar., 7s
1898' *-65
Pino Creek Railway—Gs of 1932,
Pitts. Cleve. A Tol.—1st,Ga... 1922* 107
Pitts. Junction—1st, Gs
1922
Pitts. McK. A Y.—1st, Gs
1932
Rich. ADanv.—Deb. ex cp.6s.1927
Consol, mort., gold, 5s
1937j
„
Registered
:
Lake Shore A Mich. So.—
*
1
Cleve. P. A A.—7s
1892 109
Buff. A Er.—New bonds, 7s. 18981 117
121
Kal. A W.Pigeon—1st, 7s... 1890 105
Det. M. A T.—1st, 7s
190G 120k!
Lake Shore—Div. bonds, 7s. 1899 118
j 121
Consol., rcg., 1st, 7s
1900 124 >4
119
iil;2'
Consol., reg., 2d, 7s
1903
Mahon’g. Coal RR—1st, 5s. 1934 101
Long Island RR.—
N. Y. A M. Beach—1st, 7s.. 1897
N. Y. B. A M. B.—1st,g., 5s. 1935
Louisville A Nashville—
Cecilian Branen—7s
1907 105 1106
Pensacola Div.—Gs
1920 100 j
St. Louis Div.—1st, Gs
1921 1081*!
55
I
2d, 3s
1980
Nasliv. A Decatur—1st, 7s.. 1900 118k! 1223*>
S. A N. Ala.—S. f., Gs
1910
Louisv. C. A L.—Gs
1931
99
5 p. c. 50 year gold bds
101
1937
95
Pens. A At.—1st, Gs, gold.. 1921
Lou. N. O. A Tex.—1st,4s
1934
2d mort., 5s
.1934
Mexican Central—1st, 7s
1911
....
Registered
1
J
131
1^7
Cin. Jack. A
Mac.—lst,g.,5s...l93G
Col. A
191G
Green.—1st, Gs
2d, Gs
192G
Col. A Cin.
Del. Lack. AMidland—1st, 6s..1914
West.—Conv. 7s. 1892
Mortgage, 7s
1907
Syra. Bmg. A N.Y.- 1st, 7s.
1900,
Morris A Essex—1st, 7s
1914
2d, 7s
18911
j
.
A
Ontral of X. J.—
General niortg., 5s
99 k; 99<y
1987
Chic. Milw.A St.lk—lst,8s,I\D.’98 127
2d, 7 3-10s, P. D
18981 119
1st, 78,$*?., K. I>
130
1902)
1st, La Crosse Division, 7s..1893 11682:11 / -4
1st, LAD., 7s
1899 11§
1st, C. AM., 7s
128
1903
1st, 7s, r. A I). Ext....
12G
1908!
1st, 8. W. Div., Gs
1909! 11^
1st, 5s, La C. A Dav
104 V
19191?
1st, H. A D., 7s
122io
1910 122
1st, H. A D., 5s
99 ;
1910
Ex coupons G, 7, 8
Chicago A Pacific Div., Gs.,1910 119
I Mich. Cent.—1st,
eon.,5s
1902
Chic. A Mo. Riv. Div., 5s ..192G
99
'
Gs
190S
Mineral Point I)iv., 5s
1910 100
1021s
Coupon, 5s
1931
C. A L. Sup. Div., 5s
100
1921
Registered, 5s
1931
Fargo A South., Gs, Assu ...1924
Jack. Lan. A Sag.—Gs
1891
Iuc. conv. sink, fund 5s
191G
Milwauk. A North.—1st, Gs...l910
Dakota A Gt. South., 5s
101
191G
Extension, Gs
1913
Chicago A Northwestern—
Mihv. Lake S. A West.—
Extension bonds—4s
93
94
192G
Conv. deb., 5s
1907
Ext. registered
Ashland Div.—1st, Gs
1925
Escanaba A L. S.—1st, Gs...l901
jMinn.ASt.L.—I’a Ex.—1st,7s 1909
Des M. A Minn.—1st, 7s
1907
2d mortg., 7s
1891
Iowa Midland—1st, 8s
1900,
Southwest Ext.—1st, 7s
1910
Peninsula—1st, conv., 7s—1898; 120
Pacific Ext.—1st, Gs
1921
Chic. A Milwaukee—1st, 7s. 1898 120
124
Minn. A Pae.—1st mortg. 5s..1936
Win. A St. P.—2d, 7s
1907 127121130
Minn. A N. W.—1st, 5s, gold.. 1934
Mil. A Mad.—1st, Gs
151 inn. S.Ste.M.AAtl.—1st,5s.. 1926
1905
Ott. C. F. A St. P.-lst, 5s..1909
Mo. K. A T.—Cons.,2d, inc....l911
Northern Ill—1st, 5
!109
1910
H. A Cent. Mo.—1st, 7s
1890
Cl. Col. Cin. A Ind.— 1st, 7s, s.f.’99 118
Mobile A Ohio-Col. tr., Gs ...1892
Consol. 7s
118
1914
St. L. A Cairo-4s, guar
1931
Consol, sink, fd., 7s
1914 IIGI2
Morgan’s La. A T.—1st, Gs
1920
Chic. St. Paul M. A O.—
lsf, 7s
1918
Chic. S. P. A Minn—1st, 6s. 1918
Nash. Char. A St. L—2d, Os.. 1901
No. Wisconsin—1st, Gs
N. Y. Central—Gs
1930
1887
Chic. A E. Ill.—1st, e. f., cur..1907 11
N. J. June.—Guar. 1st, 4B
198G
Consol., 1st, Gs
1934 1121-2 1131*2
Registered certificates
Chic, A W. Ind.-1st, s. f.,
N. Y. P. A O.—Prior lien, Gs
6s.. 1919 lllig
1895
General mortgage, 6
N. Y. A New Eug.—1st, 7s
1932 11 i Ifii 1 16
1905
Chie. A St. Louis—1st, Gs
1915
Gs
1st,
1905
Cin. I.St.L.A Cliic.—
N. Y. Cliic. A St. Louis—4s
1st,g.,4s .193G
193'/
Bonds, 7s
1
117%
3c
1897
1
ibj’^
19211*
1*114
7s.l897j'
fund, coupon
1900
Lake Erie A W’11—1st, g., 5s.. 1937
SO
108
*
/o
11
1
1898, *111
Indianap. D. A Spr.—
87kr
Extension, 4s
Keok. A Des M.—1st, 5s ....1923
1.,
.
II
II
130
130
Registered
131^'
1905
1951
Middle Div.-Reg., 5s
C. St. L. A N. O.—Ten.
ios^:
1st, 2kjs
l
1037s
ITous. E. A W. Tex-1st, 7s... 1898
Illinois Central—1st, gold, 4s. 1951
1*15*
Des Moines A Fort D.—1st, Is. 1905
119
117
110
70
Gobi bonds, 6s
1895 115k!
Gold bonds, Gs
1896 * 115%
Gold bonds, Gs
lS97fll5%
Cal. A Oregon-1 st, 6s....1888 102
Cal. A Oregon—Ser. B., G.1892;
Moit. bond, Gs
103
193G
112 k?
i
1U34
105
123
Ask.
73"
Peoria Dee. A Ev.—2d, 5s
1927
eoria-A Pek U’11—1st, Gs—1921;
2d M.. 41*28
1921
1
!*:::::
*
Rap. A Ind.—Gen. 5s..1924
Registered
Han. A St. Jos.—Cons., Gs
1911
j
1
►
I
Bid.
Panama—Sink, fd., sub., GS...1910
J
1888
1st, cons., fd. coup., 7s
Reorg., 1st lien, Gs
RAILROAD BONDS.
SECURITIES.
IO8I4 no
11713
105
>|
....1
Grand
-
Registered
Ext. A Col., 5s
Registi red
Det. Bay C. A Alp.-1st, 6.... 19131
E. Tenn. Va. A Ga.—1st, 7s... 1900)!
Divisional 5s
1930)
E. AW. of Alabamalet, eons., gold, Gs
192G»
Eliz. C. A N.—S.f., deb., Gs. ..1921
1st mortg., Gs
1920
Erie—1st, extended, 7s
1897r\
2d, extended, 5s
1919>1
3d, extended, 4^s
1923t!
Ask.
1
B. N. Y. A E.—1st, 7s
191G 13G
N. Y. L. E. A W.—Col. tr., Gsl922 104
110
! Buff. A S. W.—Mortg. Gs.... 1908 * 90
97ki Evan. A T. II.-1st, cons., 6s. 1921 *117
Mt. Vernon—let, Gs
1923
Evans. A Indian.—1st,cons...1926;
1
Minn. A St. L.— 1st 7s, gu
..19-/1
Iowa C. & West. - 1st 7s
..1909,
Ced. Rap. I. F. & N., 1st 6s. 1920 10G
1st 5s
90
1921
Buff. N.Y A Phil’—Cons. 6s...1921
Trust certificates
38
General Gs
19-4
Trust certificates
Cen.L’wa— East’ll Div.,1st,6s
Illinois Division—1st Gs
1912i
Cons, gold bonds
Cent. RR. A Banking Co., Ga.—
Collateral gold, 5s
193/
dies. A O.—Gs, gold, ser. A...190&
Ches. O. A So. West.—2d GS...1911
Okie ago A Alton—1st, 7s
1893
Bid.
4th,extended, 5s
5tb, 7s
1J31,
701
QUOTITIONS ON FRIDAY OF INACTIVE
Ask.
Railroad Bonds.
(Stock Exchange Erice3.)
Atcli. Top. A San. Fe—4^8 ...1920
Sinking fund, Os
1911
Beech Creek -1st gold, 4a.....1930
Balt. & Onio-lstOs, ParkB ..1919
CHRONICLE.
110
70
G5
112
100
80
ii6"
104:14
l07Ju 109
108
100
100
114
117
110
98
82
115
119
i’oo’
100
83
(Interest payable ij earned.)
Atl. A Pac.—Cen. Div
1922
Cent. Iowa—Coup, debt cortf’s
Eliz. City A Nor. —2d iuc
1970
25
Ind’ap, Dec. A Spr.—2d inc.. 190G
Trust receipts
Loh. A Wilkesb. Coal
1888
Milw. Lake Sh. A W.— Income
Mobile A Ohio—2d prof, deben
3d pref. debentures
4th pref. debentures
N.Y. L. E. A West.—Iuc., 6s..1977
Ohio Cent.—Min. Div.-Inc. 7s 1921
95
10034
104
2514
12
13
55
Ogdens. A L. Cham.—Income.l92(
Shenandoah Valley—Inc. Os.. 1923
Free Li*t.
Oalv’n.II. AH. of ’82, 1st,5s..1913
Roeli. A Pittsb.—Income
1921
Wab.F’d
Itit.Bds.—Tol.Alil.Div.,7r
Luke Erie Wabash A St. L
Gt. Western Is* mortg
Illinois A Southern Iowa
D<***’i»nr A* F. sr, rv t>iin
7s
*
G7
67
r100
l<f0 *4
7.* *100
7>-
95
90
74
Iff
CHRONICLE.
TH
702
[Voi,. XLV
si:
A
Roads.
Investment
flailvoad Intelligence.
Week or
:
1887.
1887.
1886.
1SS6.
c
$
*
$
$
305,680 13,777,177 12,030,042
345,710
37,702 2,021,492 1,057,037
Nov'. 39,024
47,501 1,800,003 1,429.024
05,145
Louisv.N.O.AT. 13dwk Nov
50,325!
2,804
0,830
i
Mar. Col. A No.. October
1(5,549
990,168!
927.074
22,841
Mar.Hough. AO. 2d wk Novj'
The Investors’ Supplement contains a
49,024
45,024 1.458,804 1,182,454
Memphis AClias. 2d wk Novi
the Funded Debt of IS ates and Cities
89,543 4,184,519’ 3,298,809
100,000
Mexican Cent
3d wk Nov
173,050 1,427,453 1,444,200
143,732
Bonds of Railroads and other
Mex. N. (till Ins) October ... |
40,101 2,927,000. 2,082,927
49,078
Mil.L.Sh.AWest 3d wk Novj
on the last Saturday of every other
851,3331
507.177
21,082
14,814
Milwaukee A No. 3d wk Novj
March, May. July. September
154,025 1,071,273! 1.087,070
Minneap. A St. L. Septeiub'r ! 129,720
43.518,
13,494 1,254,014!
414,914
nished without extra charge to all
Minn.A No.West. 2d wk Nov
372,572:
322,351
59,“'*>3
02,39 41
Miss. A Tenn
October ...
Chronicle.
Extra copies are sold to subscribers of
257,1 73 j 234,410 1,971,709; 1.(582,(554
Mobile A Ohio
{October
Chronicle at 50 cents each, an l to others at £1 per
213,200 2,520,810! 1,957.057
205,024
Nash. Ch. ASt.L. October
5,097
8,972
38,584
52,089j
Nevada Cent
August—
75,18(5!
590,128! 589,257
81,40
New Brunswick. Septenib'r
RAILROAD EARNINGS.
N.Y. Cen. AII.R. October... 3,534,90013,190,301 29,810,099 20,820,121
N. Y. City A No.. Wk. Oct. 8
ll,358j
441,(504 !
12,473!
419,243
Gross Earnings to Latest
earn¬ cN.Y. L. E. A W. August... 1,7(59,759; 1,059,120:13.004,888.11.779.098
3,992.666
3,900,721
577,317
004,288
N.Y. Penn.AO. August
ings and the totals from
to
are
411,091
390,772 3,102,700 2.906,045
for all the railroad companies from
rep irts can be ob¬ N.Y. A New Eng. Septemb’r
24,772 1,384,133: 1,207,324
31,044
N.Y. Out. A W... ;3d wk Nov
tained.
j
.
317,988
389,007 j
30,623
43,574
N. Y. Phil.A Norf. Septenib'r.
909,159
109,808 1.129.032!
131,409
N.Y. Sus. A W... October
i
Latest Earnings Reported,
j Jan. 1 to Latest Date
87,010 3,691,295 f 2,8u7,391
109,942
Norfolk
A
West
3d
wk
Nov
Roads.
390,078
399,555j
54,359
43,428
1880.
1887.
188G.
1887.
N’theastrn (S.C.) Septenib’r
i Week or Mo
452.(532
472,945 4,079,189! 4.00(5.834
Northern Gent’l. Septenib’r
372,229
296,139 12,110,539 11,098,732
9
$
!
$
Northern Pacific 3d wk Nov
$
1
80,847 3,625,332 3,381,934
95,059
159,0151 1,483,551 1,321,710 Ohio A Miss
!2d wk Nov
180,959
Allegheny Val |Septeinl>T.
1*58,594
277,5157
4,530!
10,257
,0(51,221 1,072,072! 15,295,395 1 12,724,747 Ohio River —|2d wk Nov
Ateh. T. & S. Fe. October .
415,936
54,993
472,018
(51,129!
823,401
124,357
910,3*19
100,18(5
Ohio Southern
October ...
Atlanta A Cliar.
Louisv. A Nashv. i2(l wk
Lou.N.A. A Chic. 3d wk
bhe
* ‘
Mo'
AND
complete exhibit of
and of the Stocks and
Companies It is published
month—viz., January.
and November, and is fi¬
regular subscribers of the
}
Jan. 1 to Latest Date
Earnings Reported.
Latest
In
K.CFtS
Dates.—The latest railroad
Jan. 1 1 icest date
given below
whom
|Septenib’r.
129,034
02,717
28,1(50
55,500
559,920
BiiiLRoch.A Pitt 3d wk Nov
71,781
10,021
551,2(51
02,504
Bur.C.Rap.A No. 1 st wk Nov;
Cairo V. A Chic i2d wk Nov
Cal. Southern...j2d wk Nov,
JCamden & Atl’e Septenib'r
Canadian Pacific 13d wk Nov
Cp.F'r AYad. Val-October ... j
14,021!
—
606,083
1,240,311;
572,782 j
500,040
247,000 10,039,408; 8,883,410
24,231
222,992
184,475
j
455,484
135,13(5; 5,370,440 4,913,210
133,3(55 1,079,977 1.073,043
1.095,503 8,020,374; 7,729,723
1,101,850 8,510,088; 7,053,255
8,0155
34,95(5
302,011
347,584
54,483
138,371
128,978
,012,420
,383,842
10,115
38,508
.
7,710
Ohio.‘October ...j
413,272
101,5550
!
219,833
73,904
(5,539
372,031
90,074
181,437
75,51 9
0,212
715,1 (5(5
30,244
Eliz.Lex.AB.S.IOctober... j
jSeptemb'r.!
817,011
Chicago A Alton: July
47,504
Clue. A AtlanticiSd wk Nov
173,0(52 !
Chic. Burl. A No. Septeiub'r.;
Chic. Burl. A O.. |Septeiub’r. 5 5,404,924 12,724,588
48,879 I
40,970
Chic. A East. Ill.12d wk Novi
12,5509
4,570'
Cliic. A Ind. Coal 3d wk Nov
593.0001
51(5,8(51
Chic. Mil. A St.I’. 3d wk Nov
Chic. A N’thw'n. lOctober
i '780,210 2,810,9(50
4(55,(537
Chic. St.L.APitts October ...} 545,350
21,202
39,480
Chic.St.P. AK.C.iOctober...
702,189
018,411
Chic. St. P.M. AO. Septeiub'r.;
28,548
28,802 i
Chic. A W. Mich.|2<l w.k Novj.
281,947
Ciu. Ham. A I). .Septeiub'r. j 301,241
5 55,(5 7 7 I
49,000
Cin.Ind.St.L.AC. 2d wk Nov
8,955
8,527
Cin.Jaek. A Mae.,2d wk Novi
01,002
70,910
Cin. N. O. A T. J\2d wk Nov1
29,55(5
34,920
Ala. Ot. South 2d wk Nov
1 (5,5599
17,251
N. Orl. A N. E ,2d wk Novj
11,93(5
15,(538
Vicksb. A Mer.'2d wk Nov!
13,5558
21.029
Vicks. Sh. A P 2d wk Nov
159,502
130,103
Erlanger Syst 2d wk Nov
8.184
8,454
Cin.Ricli.AFt.Wj2d wk Nov
49,093
49,4(53
Ciu.Wash.ABalt. 2(1 wk Nov
10,171
9,305
Clew Akron ACol 2d wk Nov
3,088,151 3,397,310
894,0141
00,820
1,58(5,510 1,307,407
493,422
408,808
i
4,782,572 4,237,4*94
1,945,520! 1,444,083
1,780,4131
-
Col.Hock.V. A T. lst wk Nov
Denv. A Rio Or 3d wk Novi
I>env. A R. O. W.2d wk Nov
Det.Bay C.AAlp. October.
Det.Lans'gA No. 2d wk Nov
Det.Maek.AMar. 2d wk Nov
E.Tenn. Va.AOa.i2d wk Nov
Evans.A Ind’plis12d wk Nov
Evansv. A T. II. ,2d wk Nov
Flint A 1*. Marq. 2d wk Novi
Fla. Ii.ANav.Co.,2d wk Novi
wk Nov
Georgia Pacific 2d wk No\ |
(Jr. Rap. A Ind. 2dwk Nov
Grand Trunk
Wk.Nov.12j
Gn.Bay W.ASt.FjSeptomb’r. j
Gulf Col. AS. Fe.. October,
j
Hous.ATex.Cen. 11st wk Nov
.
...
40.100
4155,558
7.5517 !
1 8.0554
8,185
5555.8 1 (5
394,820
5,288
.
.
.
1,775,340
1,533,341
353,819
21,737,903
20,811,(585
4,4 75,084 3,930,089
4,849,0*15 4,300,9*95
1,238,300
2,458,209
1.223,000
2.157,98(5
2,244,157
34 7,(52 9
2,450,43(5
2,332,055
421,291
2,895,242
1,319,201
1.011,040
579,233
530,438
459,0321
425,104
480.5981
408,191
5,739,900; 4,831,81 1
300.483
330,(580
1.910,482 1,728,50(5
490.908
474,094
311.479
29(5,427
3,734,599
207,557
3,413,073
237,754
(5.044
28(5,455
274*882
755.7 1 2
7 1,55755
2.305.057
172,000
2(5,(*<*(*
155,7558
7,038,793
1,004,222
1,901,943
5.921,171
557.7O0
28,(102
255,0(51
8,870
255,014
1 1 ,5509
1
14,850
4,001
10,470
49,555
2(5,428
20,250
5555,255
45,5755
301,390
557.230
3 4 8, < 9 4
99,91(5
1(5.908
20,975
-
101,283
55,81(5
155,1(54
41,842
21,277
13.123
21,772
50.5582
890,813
188,(5(58
401,0731
1,05 1.757
251.993
351,574 i
4,542.515 3,(528,902
1(58,977
204,7211
998.473!
-
703,144
2,242,344
890,4991
001,937 i
1,033,(579!
2,073,85(5
307.519 15,098,210
5555,7 10
201,(589
101.555 1
17.-1(57
Humest'n AShen septemb’r I
HI.Cen. (Ill.A So) October
j! ,192.9552 1 .1558,5585
17.1(58
10,959
Cedar F.A Min. [October .. t
91.422
100,994
Dub.ASioux C.'October
4 * 1,51 ,
79,7551
la. Falls A S. ('. j( tetober ...;
58,148
54,(1(55
Tnd. Bloom. A W.j2d wk Nov;
1 8,5(50
11,022
Ind. 111. A Iowa October..
40.153
38.518
Ind. Dec. A Spr October
i
4(5,580
40,9 18
Ind. A St. Louis ;2d wk Nov
255.77(5
2(5.7(51
Jack. T. A K. W. Septeiub’r j
49,7 19
555,88*2
A Gulf, i 1 st wk Novj
38,171
553,500
Kan. C. Sp. A M 1st wk Nov
5,5512
55,528
Kan. C. Cl. A Sp
1 st wk Nov
92,2(50
101.700
Kentucky Cent Octobe r .
8,802
7,1(59
Keokuk A West. 1th wk Oct I
2,5 s 7
2,050
Kingst'n A Pent. 3d wk Nov
555,7(55
Knoxv. A Ohio
41,029
Septeiub’r ;
4 2,(58*'
550,01 8
Lake E. A West 2d wk Nov
20.55(5(5
15,(574
Lehigh A Hud
October...
2(5.~ 10
2-5,7955
L. Rock A ALem
1st wk Nov
51.120
58,0 1(5
Long Island
3d wk Nov
51.005 j
55,927
Louis’a A Mo. It. July
;
21 ,(5558
17.1(54!
Louis.Ev. ASt.L. 2d wk Nov
349.101
11 1,922
9.455.2 12;
100,298
080,(578
547.791
2.300,8291
(5(59,(517
1,8(58,597
797,870
373,777
699,800
1,779,(598
L4.71 3,438
240,030
1.759.212
2.343.022
117.25(5
8,(524,8(57
j
143.23 1
783.723
521,40(5
2.220.128
100,380
170,219!
3 15,290
3 17.79(5;
1,873.1 15 1,(511.972
184,449
338,2 19
2,30(5,188 2.109,712
1. / 1 3,5 17
1.205,017
195.045
217.833
88 1, .}o2
705,050
201,078
24 8,750
1.7**8.301
1 98,s71
1,507,(590
177,(50(5
597.043
2.701,235
300,723
730.427
.
.
..
...
...
...
.
09(5,100
2.97 8,7 H5
328,215
80(5.(580
30,031
302,443
487,240
;Septemb'r
(>maka A St. L
Oregon Imp. Co
Oreg. R. AN.Co.
Septenib'r.
34,032:
'28(5,5(59 2,97 i, 4*3*1
556,000: 3,591,305
2.144*741
3,7*59,281
Septeiub'r.
Pennsylvania. ..‘October... 4,989,521 i 1,737,351 40,043,195 11,(503,034
‘('<nr,pany.\
Penn.
No. West. sys..
So. West. sys..
Septemb’r 1,742,095(1 452,805 13,478,102 !ll .230,002
14,272j
145,353 10.338.376 8 ,595,016
099,452
14,8351
745,0141
339,523!
357,034! 2,971,951! 2 ,097,7*62
1,274,55804
Septenib'r
•
Peoria Dec.A Ev. 2d wk Nov
Petersburg
October -..
Phil a. A Erie —Septeiub'r.
fPliila. A Read'g. Septemb’r
Coal A Iron Co. Septenib'r.
Pitts. A West’rii 2d wk Nov
29.494!
Royal A Aug. Septemb’r
Pres.A Ariz.Cell. August.
Pt. R'alA W.Car. Septeiub'r
1'sdr’ds. 2d wk Nov
Rich.APetersbg. October ..
P'rt
55 1.92 1
1,7558.710
553, 1(51
8,337
20,702
235,592
222,212
1(5,55551
(5,55055,832
209,500
0.79(5,058
1! 10.409
2955,540
2,5550.205
1,8755,1 15
819,370
2,096*.4*3*1
2,218,(59(5
5,425,7554
1.450.80 1
1,470,048
4,232,499
(5,(570,120
5,916,664
19.5522
40.948
20,517
48,(570
108,111
31,001
950,057
4255,9(51
1,(511,972
(572.709
1.3(53,092
579,098
4*90,156
742,778
0*15,286
830,438
774,214
218,811
295,097
2,385,558
Septenib’r.
72,930
57,2(57
(507,8550
Septeinb’r
5575,759
339,9(57 2,954,828
Septenib'r.
18.440
125,200
17,402
Septenib'r.
917,921
89,285
10!),9955
Septemb’r.
871.20(5
723,771
0,991,423
Septenib'r.
Septenib'r. 2,(527,555 1 2 5522.215 19,385,5500
Septenib’r. 3,498,020 3,045.985 20,370,727
,920,582
October...
Septenib'r
..
Spar. Vn. ACol. Septenib'r
Staten Is.Rap.Tr October.
Texas A Pacific. 2d wk Nov
Tol.A.A.A N.M'h 3d wk Nov
Tol. A (>liio Cent. 3d wk Nov
Tol. P. A West
..|‘2d wk Nov
Union Pacific
.‘.Septemb’r.
Ohio..{October
..
Wab.’Western... !2d wk Nov
Wab., E. of Miss October...
‘West Jersey
jSeptemb'r.
Wil. Col. A Aug Septeiub'r.
Wheeling A L. E. ltd wk
Wisconsin Cent’l 2d wk
Cliic. Wis. A M. 2d wk
Mill. St.C. A W. 2d wk
Penokee Br... 2d wk
Nov
Nov
Nov
Nov
Nov
Wis. A Minn..‘2d wk Nov
*
5548,455
........
...
No. Div. (Cal.) August....
So. Div. (Cal.) August....
Arizona Div
August.
New Mex. Div August. ...
(55,(5558
95,000
142,257
70,447
4(5,0(57
81,954
101,899
'
4*59.257
,899,017
111.200
714,312
0 .114.429
.214,7550
,329,159
1,127,580
980.449
19(5,255 2,(571.124
494.132
1,087,318
122,418;
110,77 1
48 1,77(5
51,058
1(5,2 12
50,104
7,174
5,7 8 8
750,5(5(5
5(5,(591
0:5,55(51
1(51.110 5.105,072
179,557
4(55,105
12,? 30
9,3(55
19,182
930,721
25.41 1
824,(‘33
17.551
21,(M3
2.7455.980 2,517.7955 20.781.8 13
543,229
(50,2557
05,7554
127.0155
108,402 5,(598,325
5.7(555,9 11
(579, / 53
1 55.),(508
1:5:5,72(5 1,1(57,153
5255,101
55.433
79,4‘54
1 1.3559
(555,03(5
12,342
! ,850,075
551,9G<
51,120
580,122
1 1.2055
5.995
438,387
9.9555
0,(594
1.782
,079,502
187,827
108,971
•
........
259.08*5
5,093
6,000
,020,673
451,939
54,419
093.591
,924,029
3.2,390
710.277
754,717
.830.058
509,871
,805,504
.077,1*41
477,316
5
7.378
,320.(509
2*45*9*31
10 5,5*4*6
* Mexican currency.
And branches.
cNot
1 Not
1
i
27,058
225,400
.
Shenandoah Val
South Carolina
So. Pacific Co.On!. liar. AS. A.
Louis'a West..
Morgan’s LAT.
N. Y. T. A Mex.
Tex. A N. Orl..
Atlan’e system
Pacific system
Total of all..
So. l’ae. RIP —
Valley of
294,872!
38,508
Rome W. A Og
Septeiub’r. 335,001
4(5,580
TSt.L.Alt AT. 11. 2d wk Nov
24,040
Branches
|2d wk Novi
77 ,(571
St.L. Ark. ATex |2(l wk Novj
109,000
St.L. A San Fran. 3d wk Nov
12,5522
St.Paul A Duluth 2d wk Nov
St.P.Min. A Man. October... 1,001,933
(57,495*,
October
77,708
Scioto Valley
Septemb’r.
.
j
1,9*58,012! 1 834,114 16,003,53111 1 .194,5541
2,135,081il (548,815 155,539,282|lO 878,475
Seab'ril A Roan. Septemb’r
20,290.935!
.
Clev. A Canton 'October...
Clev.Col.C.A Ind October...
Clew A Marietta 2d wk Nov
Co*ur d'Alene... iOetober .. I
2d wk Nov
Col. A Cin. Mid
501,094
59,(577)
11,408
Ches.O. AS. W..‘October ..
Cheshire
Septeiub'r
dies. A Lenoir
002.334
24,474 i
292,000
29.1552
Carolina Cent.. jSeptemb’r
Central of Ga...!2d wk Nov
Central Iowa
|October ...!
Central of N. J jSeptemb'r 1
. 1
Central Pacific. ; August.
Central of S. C.|Septemb'r
Chuiiest’n A Sav : Septenib’r.!
Cheraw A Dari Septeiub'r..
Ft.W.A Den.City |2d
.
.
49,443' 2,201,939 1.322,595
123,750 1,063,905
980,129
429,343
541,058
53,977
251,589,
4*8,000 2,508,020. 2,3 i(V,44*4
32,577 j 1,700,542 1,205,809
71.559 2,472,7791 2,407,419
51,994
Atlantic A l’ae.. (2d wk Nov
Balt. A Potomac jSeptemb’r
Beech Creek
..
Septenib'r.;
Brunsw’k AWest Septenib'r.
Bufi'.N.Y. & Phil 3d wk Nov
Chesap. &
RS.ADnt rPas.
Nov1
including earnings of N. A’. Penn. A
Ohio.
including Cen. of N. J. in either year.
y Including Ind. A St. Louis,
Latest Gross Earning's by Weeks.—The latest weekly
earnings in the foregoing table are separately summed up
below.
On the twenty-one roads that have reported for the
week of November, there is a gain over last year of $5199.898,
or 01 *17 per cent.
third
1887.
1880.
1
increase.
I
j
Buffalo N. A’ A Phila
Buffalo Roeh. A Pittsburg.
Canadian Pacific
!
Chicago A Atlantic
Chicago A Tnd. Coal
i
Chicago Mil. A st. Paul,
i
Denver A Rio Grande ...j
Kingston A Pembroke
Long Island
.
j
j
ouisvdle N. Alb. A Chic.
l/misv. N. O. A Tex
!
Mexican Central
i
Milwaukee L. Sh. A West
$
$
55,500
48,(500
32.577
39.920
292,000
47.504
12.54(59
5954,000
172.000
2.050
58.016
54! 1.(524
(55.115
10(5,000
49,(578
2
17,000
3(5,24 1 j
4.570
51(5.80 1
1
55.738!
£
0,900
7,544 5)
45.000
1 1.200
7.7!)!'
7 0,13(’
1(5,2(52
2.587!
(555
51.120!
37.7021
(5,(520
47,501;
89,5431
40,101
1,922
17.044
10,457
3,‘>77
November 26,
3;/ week of
THE CHRONICLE
1887.J
1887.
November.
1886.
$
Milwaukee A Northern.
21,082
31,044
.
New York Out. A West...
109,942
Norfolk A Western
Northern Paeilie
8t. Louis A San Fran
Toledo Ann A. A No. Mich.
Toledo A Ohio Central
‘17° *>oq
169:500
12,530
25,414
.
Wheeling A Lake Erie
Total (21 roads).
1
4,339
12,342
2,289,010
1,889.118
...
......
Net increase (21-17 p. e.).
For the second week of November the
on
1,997
-
November.
1887.
399,898
399,898
$
Prev’ly report’d (23 roads)
per cent
Atlantic A Paei tic
California Southern
Central of Georgia
C Jeago A East Ills
C lieago A Ind. Coal
Chic, a West Michigan
Cm. Ind. St. L. A C
Cincinnati Jack. A Mack
Cm. N. 0. A Texas Pae...
-Alabama Gt. Southern
2X.X02
28,548
254
53,677
49,000
1,077
8,527
70,910
8,955
34,920
New Orleans A N. E
16,399
17,251
Vicksburg A Meridian
15,63 s
21,629
8,454
11,930
Vicksburg Shrev. A Pae.
Cin. Rich. A F. W
Cin. Wash. A Balt
Cleveland Akron A Col..
Cleveland A Marietta
Col. A Cin. AFid
Den. A Rio Or. West
Detroit Mack. A Marq
East Tenn. Ya. A Ga
Evansville A Hid
Evansville A T. H
Flint A Pere Marquette
Fla. Ry. A Nav
Fort Worth A Denv. Citv
49. 163
10.171
7.317
8,1 85
26.000
1 1,309
114,850
4,001
..
.
...
.
.
Georgia Paei tic
Grand Rapids A Ind
16,170
49,555
26. 128
21,277
20,250
13,423
24,772
50,382
4 - \~‘t
361,390
..
Marquette. Hough. A Out.
Memphis A Charleston
Mexican Central
Minnesota A Northwest
Ohio A Mississippi
Ohio River
Peoria Dee. A Evans
..
4,474
40,030
6.292
10,257
14,272
3 X, 5 6 x
.
Pittsburg A Western
Piich. AD. (A leased lines).
‘St. L. Alt. AT. II. M. Line
St.L. Alt. A T. IT. Brchs
Texas A Pacific.
Toledo Peoria A Western
Wisconsin Central
C. W. AM
Minn. st. C. A W
Wis. A Min
225,400
46,5X0
24,040
K Total (74 roads)
Net increase (14-64 p. c.).
5,300,963
..
179,557
21,013
.
51,120
14,203
9,953
6,660
10,549!
13,494!
86,X47i
4,530.
14,835
34,924
209,500
40,948
20,517
101,410
1 7,551
31,966
5,995
30.024
X.212
0,094
5,093
3.259
4,024,832
693,342
(truss
Net
159.500
Gross
Net
’Mexican Central...
Pennsylvania
Petersburg
•
„
Bull. A Petersburg.
Net..
17,582
(J
19,322
ross
Net
Roads.
Burt'. X. Y. A Phil
........
•
8,208
1,5( !7
17,211
st. IV.
L. E
111,884
1,248,010
646,986
346,053
<
.
truss
....
YEAR
1,0x0
297,853
2,0X1,330
7 1.050
101.111
453.931
2,019,656
4X6.017
1.0 15
1X.S26
53.276
15.515
BEGINNING OCTOBER
lxs7.
lsXO.
$
$
.
Approximate.
1886.
209,002
6
R >ads.
.Gross
Not...
Sept. 30.-^
$
$
September.
*
<~-Jan. 1 to
1X87.
27s, 120
XI,OS(j
‘23s,J,so
37.130
54 1.295
156.x 13
4 29,368
92.104
1.
on.
1 to
26.058
37,517
404,394
401.394
? 9,285
3 120,072
2,193,347
128,743
2,836,533
2,531,766
$163,961,617
$164,959,954
hand.
•
bilitief.
$89,428,300
56,424,333
$89,428,300
56.424,333
107,000
13,355
1,387,412
963.808
2,410,521
1.753,»19
107,000
9,355
2,057,750
925,412
2,298,116
11,173,469
1,321,597
12,385,090
$163,961,617
$164,959,954
(For the year ending
At the annual mQeting held in
directors wer> elected : William F.
Sept
30, 1887.^
Baltimore the following
Barns, James Carey C >al^,
George W. Dobbin, Robert Garrett, T. Harrison Garrett, John
Gr^gg, William Kevser, Charles F Mayer, J m^s L. M Lane,
Decatur H. Miller, James Sloan, Jr., and G. A. V*>n Lmgem
The new directo’s named were Messrs Charles F. Mayer, Wil¬
liam Koyser, James L McLane and James Sloan, Jr.
The President’s annual report was submitted, but contained
nothing concerning the syndicate negotiations, except the fol¬
lowing brief statement: “ Under an arrangement made with a
syndicate of eminent bankers, funds sufficient to care for the
fl-ating debt of the company have been secured, and this
debt, it is expected, will be funded during the coming year,
in accordance with a plan which has received the approval of
the syndicate.”
The revenues for the fiscal year amounted to $20,659,035, an
increase of $2,236,598 over those of 1835- 86, but this increase
is off-et by an increase of working expenses, which reduces
the amount to be added to the surplus fund to $36,258. The nom¬
inal surplus fund representing invested capital derived from
net earnings and not repre
amounts
to
$48,083,720.
sented by either stocks or bonds,
But this surplus hf s not been
thought much of this year in financial circles, owing to the
fact that it was unavailable to protect the company from
embarrassment by its floating debt.
The percentage of work¬
ing expenses on the main stem is 61 22, an increase of 2 13,
while on th * entire system, embracing the main line and all
the other divisions, it is 68 34, an increase of 3*01.
The statistics relating to traffic will be found in an article in
editoial column3.
The report says : “
2.359,62 1 2.553.971 17.407,178 17.200,172
1.026.569 1,251,s2X 0,1 3(5,398 6,3X6,858
<truss
on
1.470.868
Capital s'oek
our
190,409
1,94 2,360
372,026
x
Net..
huff. N. Y.-A Phila
$
$
truss
<
Net
Wheeling A
31—.
1886.
2,0X5,520
444,800
27X‘.P20
Net
Clue. Milw. A
Oct
238,2x0
37.150
Gross
Net
.
Burl. C. R. A No
$
3.448,571
Baltimore & Ohio Railroad.
3.936,689
$
.
6,6 ?8,80t
1,892.653
Li
3,044
4.775,684
1886.
6,607,590
Tot Is
15,900
5,632
3,523
’
1887.
$147,047,973
563
IS,147
4,092
19,154
30.
$146,630,682
companies.
3,469,321
Totals
5,727
r-Jav. 1 to
1887.
September.
1887.
$1.570,370-
Surplus balance
465,637
10,052
.
$1,072,957
.
3,859,719 3,036,824
149,036 1,(557,886
993,173
(t r< iss 4,9X9,521 4,737,351 40.013,195 41,603.634
Net.. 1,722,9xx 1,802,747 15,846,643 14,834,579
Gross
294,872
29,494
.
$703,399
Fundet debt
Bonds and mortgages on real estate.
Past-due bonds
Interest accrued and rentals, Ac
Dividen Is declared and unpaid.;
Due for wag's, supplies, Ac
Due other roads
-
Net
d’Alene
$1,018,303
4>6:>
YEAR BEGINNING JANUARY 1.
ur
3,577,132
Cash
Net Earnings Monthly to Latest Dates.—The tables follow¬
ing show the net earnings to latest dates reported ,the returns
for each road being published here as soon as received, but not
kept standing from month to month. The first table includes
all roads for the latest month and from
January 1, 1887,
the other tables showing those roads
separately whose fiscal
years begin at other dates than January 1.
Ch
$".,147,503
3,577.132
o.i hand
Ilarlem construction account
Harlem equipment account
West Shore construction account
Due fr m agents and others
676,131
$
$4,650,099
Supplies
31.918
.
$
'
545,356
130,596
lx,034
9,Os0
125.500
$1,597,682
894,283
Ac
4,600
•••
Roads.
Chic. St. L. A Pitts.. (truss
Balance
$1,912,586
I>iv. pd., (1 p. C. qr.)
891,283
Ownership in other lines, real estate,
6.129
4.383
45,02 L
XX,382'
October.— —,
1887.
1886.
7,760,924
1S86.
Including Indianapolis A St. Louis.
-
7.245,885
Road and * quipment
Stocks and bonds of other
s,4X3
17,1041
22,388,623
Assets.
13,567
185
3,306
7,713
5,151
0,827
305,0X0;
18,610,377
$3,487,006 $11,895,984 $12,908,432
balance sii-et SErr.
5,025
2,439
21.G3X
—»
1886-7.
1,889,324
Surplus
866
2.029
1,541
345,710
43,518
95,059
.
'c
6,063a 68
1,926,886
270
370
12,070
22,841
49,621
120,300
852
1885-6.
$9,550,074 $30,501,361 $3V297,Q50
4,877,675
Net earnings.... $3,839,472
First] charges
Year ended Sept 30
—
1887.
$8,717,147
Operating expenses.
8,271
30,618
2,725
42,0x8
Lake Erie A Western
Louisv. Evansv. A St. L..
Louisville A Nashville
only 953.
1886.
702
111
5 1.065
...
was
s—Quar. ended Sept. 30.—
........
.
1885, it
Gross earnings
9,914
5,304
367,519
58,448
2,614
.
Kingston A Pembroke
47
428
0,0 14
20.975
8,870
101,283
3.X 10
13,164
41.842
$
9,787
3,235 I
7,909
6,366
13,358
.8,184
49,093
9,305
5,28 S
33,255
Grand Trunk of Canada..
Ind. Bloom. A West
*
349,956
2,551 !
i
5 ‘>*>7
61,002
29,556
Decrease.
1
$
2,182,356
49,443
24,474
135,136
40,970
..
^
Increase.
2,532,265
51,994
34,261
1 38,371
48,879
11,593
given, and the results of the fiscal year are now definitely
shown to the public, as well as the balance sheet at its close..
The increase in earnings is highly satisf tetory, while the in¬
crease in opprafing expenses is known to arise in some
degree
from the increased amounts spent on permanent
improve¬
ments.
The percentagoof op°ratingexpenses to earnings was
57 95 in 1885-6 and 6348 in 1886-7.
The nr’eage at the close
of each fis al was 1,465, but from October 1 toD cemb^r
31,
now
gain is 14*6 i
1886.
ending Sept. 30, 1887J
year
The returns of this company t) the N. Y. State Coram'Bsicners for the quarter ending
S-ipt. 30 now complete the
fiscal year, and permit the figures of earnings, &c.,t>be
made up.
The company’s full report is not made till near
the close of D-oeruber, but the figures differ li:tle from those
seventy-four roads.
2d week of
*
(For the
76,090
60,889
3,165
5,932
........
........
New York Central & Hudson River Railroad.
0,272
22,296
87,646
296,139
108,111
9,365
19,482
REPORTS.
$
*6,268
14,814
24.772
ANNUAL
Decrease.
Increase.
703
Sc/It. 30.-
1XS0-7.
8
18x5-0.
8
2.710.3x0
•185,052
2,50s,500
510.727
All the tracks of the main stem, and of
nearly all the branches east of the Ohio River, are now laid
with steel rails.
The increased cost of steel substituted for
iron rails has been uniformly charged to the repair account.
The condition of the road-bed, tracks and engines has been
maintained at a high standard.
A large number of new
sleeping coaches, parlor and thoroughfare cars, have been
added, replete with every med m improvement and conve¬
nience.” * - * “ 77 engines and 3,963 cars have been ac¬
quired and built at company's shops during the year. Trie
cost of these engines and cars has been $2,734,031.”
* * *
‘'On the 17th of August, 1887, a contract was made with the
United States Express Company f«»r the sale to it of the
exp-ess franchises and privileges of the Baltimore & Ohio sys¬
tem, and for the operati m of an express line overall the
railways controlled by the Baltimore & Ohio Company.” * *
“Ilie company, being in need of equipment, executed on the
9th of February, 1887, a car-trust mortgage for $2,500,000
'-THE CHRONICLE.
704
engines have been furnished, and
the followiDg cars : 2,856 house, 250 hopper gondolas, 3 refrig¬
erator express, 5 baggage, 15 passenger, 10 sleeping and 10
parlor care.”
The gross and net earnings of the main stem and its branches
and of the other divisions, as compare d with 1885 86, were :
,—Earnings, 1885-86.—s .—Earnings, 1886-97.->
under which 72 locomotive
Net.
Gross.
1,201,348 $4,343,343
291,561
380,400
076,630
88,957
1,283,526
530,368
1,080,463
291,864
2,070,033
81,122
Net.
Gross.
$9,846,013 $4,026,366
325,320
234,506
Washington Branch...
663,044
161,347
Parkersburg Branch...
1,270,476
478.52 i
Central Ohio Division.
309,711
1,013,014
Lake Erie Division..
2,098,568
269,916
Chicago Division
2,430,085
842,421
Pittsburg Division
13,450
446,259
Wheeling and Pitt. Div.
114,767
15,246
Philadelphia Division.
211,291
35,208
New’k Somerset &. St’le
Main stem, etc
..
2,599,074
1,004,264
[Vol. XLV.
1883-84.
1884-85.
$
$
Disbursements—
Rentals paid
Interest on bonds*. .
Int. on floating debt.
130,132
10,113
28,769
Tot’ldisb’ments.
964,629
82,108
32,041
9,507
1,097,397
1,124, L63
Denver & Rio
66,636
961,077
94,269
........
8,543
135,975
133,000
1,267,640 1,172,231
Il,160sur.l27,140
Terminal lands and also full in.
def. 669,275 def. 113,459
including interest on cost of Boston
tcrest on bonds, whether paid or not.
$
66,235
cent dividend..
Balance
1886-87
$
933,221
916,273
Int.oncartr’sis&mis.
7 per
88,903
1895-86.
sur.
Grande Western Railway.
(For the year ending July
31, 1887.)
says: “At the end
resumption of its
line, and the close of the receivership, it is deemed fitting to
present the results for that period and the condition of the
$18,422,437 $6,386,694 $20,659,036 $6,538,904 company :
Totals
The gross earnings were..
$1,086,393
New York & New England Railroad.
And the net Gainings
$337,769
Deduct, tuxes and ins., and add small credits
4,254
(For the year ending September 30, 1S87.)
Balance
$333,514
The report of Mr. J. A. Bostwick, the President, states that
Whereas the interest payments for the year,
the property of the company Las not only been kept up to its
under the readjustment, viz :
previous standard, but it has been materially improved during Coupon No. 2, Sept. 1, 1886
$122,889
the past year.
125,511
Including the Norwich & Worcester Railroad, And coupon No 3, March 1, 1887
there have been 5,230 tons of steel rails placed in the track,
Amounted to
$248,400
representing about 55 miles of iron rails replaced by steel.” * * Excess for the 12 months
$85,114
The policy of your board during the past year has been to There was besides (July 31, 1887) a balance to credit of the
19,549
Receiver's Income Account of
make all needed lepairs and improvements on the property
chargeable to maintenance as rapidly as they could be got at,
Total
$104,663
while improvements have been made chargeable to the im¬
And there was charged du ing the year, on account of the
provement account to as great an extent as your board thought previous coupon No. 1 and funding interest (on bonds funded
41,417
wise in the present financial condition of the company.” * * during the year)
465,610 def 18,930
718,741 def. 76,220
183,010
2,575
The report of Mr.W. J. Palmer, President,
of the first year following the company’s
“
“
The increase of taxation upon railroad corporations is a
matter of serious concern.
The tax^sof your company for
the last fiscal year amounted to $213,410, which was 11 16-100
“
the company, and about 50 per
per cent of the net earnings of
cent of the amount remaining
of the net earnings after pay¬
ing the other charges againt income.
No other property in
the State is taxed to an equal amount compared with its pro¬
ducing value.”
The Vice-President’s report shows that the outstanding lia¬
bilities of the company were increased during the fiscal year
by the sale of 500 shares preferred stock at par, $50,000, which
realized a sum of $69,195; and a floating debt lias been in¬
curred, which is shown in the general bilance sheet as fol¬
lows : Unfunded liabilities, $629,590; interest and dividends
accrued, not due, $291,151; being an exc°ss over available as¬
sets of $142,901.
The principal expenses to account for this
were an increase in construction accounts of $376,579, and the
Springfield & New London Railroad stock purchased, $89,492.
“The balance sheet shows
outstanding indebtedness secured
account, July 31,1887
expiration of the twelve months which
report covers the earnings have been as follows :
Leaving to credit of income
Since the
1886.-
1837.
August
September
Gross, $118,217
Net,
37,438
$103,426
..Gross, 123,422
Net,
48,513
“On August 1, 1886, the receiver,
balance to his credit of $194,074.
on being
30,3*3
90.556
31,728
$63,245
the above
Increase.
$14,791
7,104
32,866
16,784
discharged, hada
The betterments and im¬
provements referred to in the funding circular of August 27,
1885, and which had been begun by the receiver, were chiefly
made during the twelve months under consideration, and paid
for, as stipulated, out of the receiver’s balance.
They
amounted to $117,224. In addition to this amount, $57,301 was
also charged to the receiver’s balance, in settlement of other
matters pertaining to his receivership, leaving the above bal¬
ance of $19,549 on July 31, 1887.
The road is now in good order, and future improvements,
except so far as they may be imposed by a considerable in¬
crease of traffic,
will be chiefly those arising out of the
question of change of gauge and a change of location (to avoid
Grassy Trail”), which should be considered in connection
“
by lien on your terminal property in Boston and South Bos¬
amounting to $1,621,532, to be added to which is the
price at which we have the right to purchase Richardson’s
wharf, now occupied iu part by the passenger depot, for
$300,000, making a total of $1,952,174. • The cost of this prop¬ therewith.”
The details of earnings and expenses and sources of business
erty, exclusive of the improvements thereon, is about $2,250,000, and its estimated value at the present time, including show the following :
the improvements, is about $5,000,000. It is very dt sirable Earnings <leiivcd from local tonnage (50 per cent of the total
freight earnings)
$384,366
that this debt should be funded at a low rate of interest, and From
Utah business interchanged with the D. & R. Gr. and
a special reason therefor is that upon the payment of the
other lines (about 45 per cent)
343,605
38,216
amount due the State of Massachusetts, the company will From Trans continental tonnage (5 per cent)
have the right to call upon the City of Boston to construct a
Total freight revenue
$766,217
bridge across Fort Point Channel, connecling the freight Tiie total passenger earnings were
$297,247
grounds of this company in South Boston with Oliver Street Of which 34 per cent were local.
101,061
in Bcston.
The building of this bridge will bring your freight From Utah business interchanged with Colorado (about 12
percent)
34,774
depot nearer to the wholesale business of the city than any From
other Utah business interchanged with D. & R. G. and
other depot in the city; and it is, therefore, of very great
other lines (about 8 per cent)
25,062
136,349
importance. Authority will be asked of the stockholders to Trans-Continental (46 per cent)
create a mortgage on all this property to secure $2,250,000 of
The gross earnings of the company from a’l business inter¬
bonds, which, under the provisions of the first and second changed with the Denver & Rio Grande Railroad of Colorado
mortgages, will be a first hen upon this property.”
were $572,958, and those of the Colorado Co. were $686,225.”
The statistics of operations, earnings, etc., for four years
The company is without floating debt—at least as far as
are as follows :
the bondholders are concerned.
The rolling stock which had
M885-86.
1881-85.
1880-87
1883-84.
belonged
to
the
former
tenant,
the
Denver & Rio Grande Rail¬
326
334
326
326
Miles owned
ton
‘*
“
“
Miles ls'd and eouTd
Total
*Not
operated*.
79
79
79
71
405
405
405
405
including N. & W., 66 miles.
turned over by it to the Rio Grande West¬
Construction Company under the final settlement of all
questions, but subject to a first lien on all such rolling stock
road Company, was
ern
favor of assenting Denver Western bondholders.
The
bonds of the latter, therefore, now cover both railway and all
in
-
OPERATIONS AND FISCAL RESULTS.
Operations—
1884-85.
1883-84.
4,368,090
Passenger mileage.. 54,295,316
Passengers carried..
4,616,014
58,015,468
1885 86.
5,240,906
63,370,470
1886
87.*
5,698,794
66,370.777
2 02 ets.
1 ’95 ets.
2*02 ets.
1,786,531
1,715,661
2,099,340
1*412 ets.
$
1*709 ets.
1673 ets.
$
1,095,530
1,955,6*6
286,685
1,139,916
1,856,200
$
1,296,896
2,26 2.479
298,764
304,619
earn’gs. 3,3 37,901
& taxes. 2,911,025
3,288,940
3,863,994
2,620,605
4,151.917
2,301,715
987,231
1,243,339
1,233,003
Rate per pass. p. m..
2-08 ets.
2,225.141
Freight (tons) mov’d.
Freight (tons) mil’ge.lSS 534;292 107,<139,953 135,470,333 152.739.575
Av. rate p. ton. p. m.
Earnings—
Passenger
Freight
Mail, express, Ac
Total gross
Op. expen.
Net earnings
P. c. of oper. exp. to
earnings
396,276
Receipts—
Net earnings
Other receipts
Total income
69*98
88-12]
INCOME
67*82
1.386,46 8
2.435,913
279,516
2,918,314
i- 6
o
ACCOUNT.
1883-84.
•$
396,276
3 i ,8 16
428,122
-
1 63 ets
$
1885-80.
1884-85.
$
987,231
23,473
$
1,213,360
35,411
65,708
1,010,704
1,278,800
1,299,371
1386 87
$
1,233,603
rolling stock. The sum of $313,000 and interest
1st, 1886, is due to that Construction Company,
from Sept.
but is ODly
payable after the bondholders’ claims for current and funded
interest have been met.” *
*
*
The report says that as all the lines looking to extensions west
of Colorado are of standard gauge, and as the Denver & Rio
Grande is also contemplating widening the gauge on its Grand
River route in Colorado,the policy of this company should be“to
widen its gauge in due time so as to receive and carry freely
on equal terms tlie business of all of these rivals—which it
can manifestly do more profitably to them than if all or
either had to build and maintain inde pendent lines of their own.
“The passenger business is extremely gratifying, showing 23
per cent increase over the previous year. The outlook for thi3
y .ar is equally encouraging, if the reports of large excursions
to California during the coming winter be true. This through
business travel forms a large portion of our passenger busi¬
ness, amounting for the year to over 33 per cent of the total
passenger earnings, whereas our through freight business
formed only 7 per cent of the total freight earnings.” -
November 26,
THE
1887.J
CHRONICLE.
705
r
GENERAL INVESTMENT NEWS.
Boston & Albany.—The Massachusetts Railroad Comraisfiiorcis ordered a change in the report made hy the Boston Sc
Albany for the year eudtd September 30, 1887. This change
corsisted in deducting from the surplus over charges and
dividend the $1,044,4e5 Boston & Albany stock bought of the
State and distributed to stockholders.
This makes a nominal
deficit
to
after payment
second table.
John G. Neestr, August Richard, Henry J. Barbey,
Kennedy Tod, A. H. Stephens, F. I).
Tappab, Walston H. Biown, Frederick A. Brown, Adrianlselin,
$1,693,013
966,966
Net
$1,994,120 Inc.
1,368,187 Inc.
$601,107
$625,933 Tnc.
$199,886
453,613 Inc.
9,689
$426,047
443,924.
earn'nigs
First charges..
Def. $17,877 Bur. $172,320
Balance
401,221
Bur. $190,197
Chicago St. louis & Pittxburg.—The gross and net earn¬
ings and charges for October and for the ten months, Jan. 1 to
Oct. 31, have been as follows:
,
Gross
earnings
Operating
expenses
Net earnings
Charges.
Surplus
.
.
October.
1887.
1886.
,
$545,356
$465,637
$1,775,683
414,759
353,752
3,527.673
$130,596
90,938
$111,834
96,308
$1,248,010
965,133
$39,058
$15,5/6
$3,93(5,6
3,289,7
998,670
$282,876 Loss..$351,090
ing:
dividends and $1,300,-
gross
Colony.
and net earnings for
of interest and ail charges, is shown in the
LINES EAST OF PITTSBURG Sc ERIE.
(Irons IJurnimxs.1 880.
1 88*
Jan. 1 to June 30..
$26,370,72 l
July
►September
4,(551,370
5,022,012
5,006,5(58
October
4,989,521
August
Total 10
ni03...
$10,043,195
—VW Earnings.
1887,
1886.
$23,250,164
•1,35(5,6 ( 7
4,585,390
4,674,052
4,737,351
$8,78 t ,383
1.673,541
J ,907,53(5
1,758,195
1,722,989
$7,6(59,624
1,580,62$
1,905.045
1,816,535
1,802,718
$11,603,631 $15,816,611 $1 1,831,580
LINES WEST OF PITTSRUKG Sc ERIE.
Xct surplus or de ficit afterjmymcnl of charges.
1887.
1886.
Dijf. in 1887.
Def. $514,923
Jan. 1 to J line 30..Bur.
Gam.
$ LI 0,484
$925,407
Sur.
Loss.
87,008
2(52,508
July
Sur.
175,500
Sur.
Gain.
August.
Sur.
78,(551
282,455
203,804
8ur.
Gain.
255.98 1
174,(553
September
Sur.
81,328
Sur.
Gain.
October
Sm\
280,185
2(54,260
16,225
Total 10 mos.Sur.
$61(5,980
Eastern (Mass.)—Therenoitof the Eastern Railroad Com¬
pany to the
ended Sept.
per cent
about 11 per cen>. The directors were requested
obtain such legislat on as may he necessary to authorize the
October and for ten months, Jan. 1 to Oct. 31, were as below
stated. On the lines west of Pittsburg Sc Eric the net results,
year:
Increase.
motion authoriz¬
lorse of the Boston Sc Providence Road to the Old
Wheeler II Peckham, J.
1887.
a
The purchase of the
operate the Chatham
or
Pennsylvania Railroad.—The
Adrian 5selin, Jr., J. II. Ilocart and Alfred Roosevelt.
The
financial report shows the following for the year ending Sept. 30:
made to
was
to issue the bon is.
were
| 000 cash,
Buffalo Rochester & Pittsburg.--At the meeting of stock¬
holders the following directors were elected for the ensuing
Operating oxpcrisis
s
| The
project
had been approve i by10the directors of both companies.
terms of the lease
amounting to $832,TGI, while the total surplus Septem¬
1886.
No opposition
Hanover Branch and the contract to
Hoad were approved.
The subj ect of the lease of the Provi¬
dence Road was taken u*>, and IV sident Choate stated that the
ber 30, 1887, ie changed to a defic it of $617,101.
Gross earnings
floating debt.
ing the directo
$1,316,413
Sur.
$171,824
Gain. $1,144,589
Perkiomen—The Reading trus ees have ratified the agree
meet
by which the Perkiomen consolidated mortgage sterling
bonds will receive second series consolidated bonds to bear
5 iustead of 4 per cent interest, as provided in the plan of re¬
organization. Deposits will he received under the amended
Massachusetts Railroad Commissioner for the year plan until December 10 without penalty, and for ten days*
00, 1887, compared with 1885-6, shows the follow thereafter upon 5 per cent penalty. Tne June and December,
1887, interest on the Perkiomen consolidated bonds deposited
1887.
188(5.
under the plan will be pad at the rate of G per cent,
(rental)
$1,309,002
$1,291,412
Total
income
Total
expenses
Net income
Interest accrued and
sinking fund...
48,583
9,860
$1,200,4 19
t74(5,177
$1,28 1,552
850,431
$513,942
$134,121
Balance
Dividends
188,859
Surplus;
$131,121
$325,083
t 1 ncluding $100,000 to trasters
of sinking fund.
Fitchburg.—The animal pamphlet report of this
company
will be awaiitd with inter eef, owing to the extended transac¬
tions of the past y>eir.
ear.
Commie
The returns to the Railroad Commissioners for the yi ar ended Sept. 30. 1887. show : Gro-s earn
n-
ings, $1,509,021 ; i et cmnings, $1.0SG.6(>7 ; charges, $089,2399;
balance, $*>97,428; dividends, $36G.488 ; surplus, $40,940. Tin;c
report of ilie Fitchburg includes the operation of the Troy &
Greenfield and 1 fossae Tunnel Railroad fiom Feb. 1, i he Troy Ar
Boston tiom April 1, and the B s.’cn Hoosac Tunnel Sc West¬
ern
from June last.
The liabilities include: Capital sleek,
$19,497,800; do. at count Troy & Boston, $1,933,300; funded
debt, $14,540,600 ; do. account Troy Sc Boston, $1,750,000;
unfunded debt, $2,134,000; profit and loss, $281,074; total,
$39,473,031.
.
,
,
Philadelphia [& Reading—Central of New JerseyPhiladelphia—Judg-r McKennan of the U.
at Pittsburg, granted orders discharging
these three railroads from their receiverships and returning
Buffalo N. V. A*
S. Circuit Court,
them to the possession of
their stockholders
on
Jan. 2, 1888.
Pittsburg & Western.—This company having been fully
of the road is published in the Investors’
Supplement of tin's da'e."
The first mortgage covers the
whole mileage owned of 220 miles, besides the leaseholds on
157 miles, making 383 miles operated; and the amount of
bonds Pstn d to date is $9,100,000.
The old mortgage of
$800,000 on the Pittsburg Bradford Sc Buffalo Railroad has
reorganize;!, a map
been wiped < m . In the three months
the r.et earnings were $159,030, and
interest charges $53,010.
Ju!}* 1 to September 30
surplus over and above
Fonts & C!ii3go.—1The similarity of the name ’of this
line with that of the Chicago A: f t. Louis has given rise to the
impression that they are one and ti e same road.
The fact is
that the Chicago & St. L' uis is low the new Atchison line out
of Chicago and p it of its route between that city and Kansas
City row ki own as the Chicago California & Santa Fe. The
Sr. Louis & Cmi'c. on tie other hand, commences at Litchfield
and Mt. Olive and e xtends north to Springfield; it also operates
over the C. C. C. Sc I. in es
from Litchfield directly into St.
Louis.
It has free trackage into St. Louis .arid terminal facili¬
ties there in consideration of the C. C. C. & I. getting a line to
Florida Railway & Navigation Company—The fiscal year
erding Oct. 31 of tUe F.ori a R til way Sc N.ivigaiion Com¬
pany, as operated by the receiver, shows gr oss earnings of
$1,006 618: operating expenses, $863,195; net earnings,
Springfield. The St. Louis Sc Chicago’s connections at Spring$203,423.
thdd ate tlie Chicago & Alton, Illinois Central, Wabash and
Memphis A* Charleston.—A majority of the-stock of-this Ohio & Mississippi railroads, and its proximity to trunk roads
comp my is held-in the interest of the East Tennessee Vir¬ touching at Springfield and Litchliel l give color to the im¬
ginia & Georgia. The minority stockholders in Memphis & pression that it may soon be absorbed by one of them.
Charleston piocured an injunciion against the voting of this
St. Paul Minneapolis & Manitoba—This company's Mon¬
majority stock, on the ground that certain legal req! irements
tana Extension has leaclit d Helena, Mont,, after one of the
had not been complied with when it was obtained. The E.
T. Ya. & Ga. people, however, procured an injunction against most notable examples of rapid track-laying in the history of
the holding of the annual meeting November 17, until the railroad.,.
respective lights could be determined, and hence the old
Western New York & Pennsylvania—Buffalo New York
beard holds over (as it is reported) until the period for the
6 Philadelphia—A special meeting of the stockholders of
next annu d meeting.
the Buffalo New York & Philadelphia Railroad Company'of
New' York was held on tin- 22d to formally ratify the consoli¬
Mobile & Phio.—rlhe annual meeting of the debenture
bondholders instructed the trustee to vote for the following dation of fhe above ccmpany with the Western New York &
ticket: Adrian Iselin, Jr., II. B. Plant, Sidney Sh pard, Alex¬
Pennsylvania Hail toad Company of Pennsylvania. The vote
was taken without opposition and this practically perfects the
ander II. Stevens, James II. Fav, R. K. Dow, J. P. McMahon,
Henry Hall. William Butler Duncan, T. Green Bush, W. L. reorganization of tire Buffalo New York Sc Philadelphia Com¬
Hearin, E L Ru sell and T. M. R. Talcott. Tire vote was pany'. The stockholders elected tire following directors:.Carl
Sebinz, Arnold Mai cup, John D. Probst, E. L. Owen, Gustave
39,437 against 10,372 in opposition.
E. Kbsid, C. H. Allen, F. W. Foote, T. B. Atkins, I. N. SeligNorthern Pacific.—This con*.pmy has already sold to a man, G. C.
Gardner, Bryce Gray, Georc e W, Miller and E. W.
syndicate, at iHe head of which were August Belmont & Co. Clark, Jr. The following officers of the company were
and Henry ViJlard, some *$8,000,900 of its new third mort¬
elected: President, G. Clinton Gardner; First Vice President,
gage bonds, which will piacri the company in easy ci:cum
John D. Probst; Treasurer, John Dougherty and Secretary, J.
stances for completing its new
work and paying floating R. Trimble. The question of the Fsue of the new securities
debt.
of the company' w\as not discussed, it being considered proper
Old Colony.—P resident Choate explained to the stock hold
tl at the directors should first pass upon the matter.
: £3
ers the
A map of the comp?ny’s lines will be found to-day in the
request for authority to issu* bonds of the company to
an amount of not over
$2,000,000. He said that the issue had Investors’ Settlement under the title Western New York Sc
no connection with the lease of the Providence R *a
1, but was
Pennsylvania, and the n^w securities are there given as they
to cover the
purchase of the Hanover Branch and to fund the will appear when presently issued.
.
THE
705
CHRONIC! E.
[VOL. XLY,
COTTON.
%hz CmtumercRI T'imes.
COMMERCIAL
EPITOME.
Friday Night,
The business of the
Friday, P. M., Nov. 25, 1887.
The Movement of the Crop, as indicated by our telegrams
from the South to-niglit, is given below.
For the week ending
this evening (Nov. 25), the total receipts have reached 249.388
Nov. 25, 1887.
vvttk has been interrupted by a close
holiday—Thanksgiving—but amounts to a good average for the
season.
The speculation in food staples, so active last week,
has in a great measure subsided, but the higher prices are
pretty weil supported. An event of importance is the occur¬
rence of extensive foiest fires in the middle latitudes of the
Mississippi Valley, destroying much property and obstructing
railway and river transportation. Congress meets in a few
days, and mea ures for the reduction of taxation are again
under discussion, but party spirit and local jealousies are
likely to prove great obstacles to practical measures
The speculation in lard for future delivery has been active
at buoyant prices—the movement being due mainly to sym¬
pathy with the advauce in corn, and the market was quite
buoyant to-day, but closed quieter. Lard on the spot has not
been active, but closes firmer at 7*25c. for prime ciry, 7,52^c.
for pnm9
7 55c. for refined to the Continent and 7*70
@7‘75c. for South America.
DAILY CLOSING
PRICES OF LAUD FUTURES.
Satuni’y. Mond'y Tuesd'y.
731
734
Decemb’r delivery. 7-IS
7-31
7-38
January delivery.. 7 "29
7-40
7-14
February deliv’y.. 7*31
7’4(i
7-50
March delivery
7-30
7A2
7‘55
April delivery
7-10
7 AS
7A9
May delivery
7 AO
7 03
704
June delivery
Wedjisd' y. Thusd'y.
Fndy.
'30
;
7-27
i
7-31
7-37
>
r—
7 13
7’49
7'65
7'00
—
i
710
7'47
7'53
700
7‘07
7-71
fgain dearer, but the movement is quite mode.ate.
Old mess, $14 25; new do., $15 25@$15 50; prime, $12 75(2) 13
and clear, $16@$L7 50.
Cutmeats aie rather firrne ; pickled
bellies, 7;^8(g7%c., shou'ders, 7c. and hams, 9}>2@9%c ; . nicked
Bhoulderp, 7^c., and hams, 10j4@llc. Beef and beef hams
remain nominal. Tallow firmer at 4 7-16@4*;2C. Stearine is
Pork
bales, against 284,816 bales last week, 301,600
week and 289,174 bales three weeks since,
making the total
receipts since the 1st of September, 1887. 2,874,549 bales, against
2,437,874 bales for the same period of 1886, showing an in¬
crease since September 1, 1887, of 436.675 bales.
Receipts at—
Oleomargarine is quottd at 6}8e. Butter is
in fair demand at 20@30c. for creamery.
Cheese is more
active; State factory, full cream, 10@ 1 l;V£c., and skims, 3@8>£e.
Ike speculation in Rio coffee has been toward lower figures,
and to-day there was some further decline, closing with sellers
at 15*25c. for
December, 14 90c. for January down to 13 80c.
Sat.
!
0,01)1
New Orleans
j
1,845
2,5*8'
1
Floridsi
1
Savannah
Bruns w*k,
3,700
0,447 10,lOl:
1*457 j
2,242
12,723 25,520
...
•0,170
3,550;
8,022 12,7251 75.544
006
1,303 10,101
!
800
800
5,021
5,727
40,003
1,530
1,530
2,835'
2,404
1,802
17,140
1,201
1.201
1,484-j
050
1^50
8,652
4.242
4,803
3,474
3,840
0,331
8,704 |
0,492
3,580
2.072
-■
1
!
Royal,Ac
Wilmington
t
1,022;
1,514
1,202
3,351;
5,005
2,734 j
3,840
5,400
2,, 143
1
Ac
West Point,
287
1
Moreli’d C., ACi
Norfolk
New York
303!
Boston
087!
104!
1,004
4,003;
>
27*
1,007
084
7f
400
431
327'
251
380:
.
2S7
I
20,050
20,425
1,180
!
i
Baltimore
Philadelphia, Ae|
33,457
|
1
}
0,803
Port
Total.
5,387;
Ac.
Charleston
|
Fri.
j-
i
Mobile
Th urs.!
0,340
1,311
10,550
Indianola, Ac.
1
Wed.
lues.
J/on.
j-
Galveston
4,148
548
548
442
1.449
Totals this week 30,031; 02,508 20,050 30,140 30,420 47,031 240,288
comparison we give the following table showing the week’s
the total since September 1, 1887, and the stock
to-night, and the same items for the corresponding periods of
For
total receipts,
last
year.
Xoc. 25.
Galveston
Th is
Since S< p.
This
Week.
1, 1887.
Week.
33,457
..
Stock.
1**0.
1 **7.
Receipts to
is
quiet at 7ai(u>8c.
bales the pre-nous
127,044
3*,788.
Since Sej).
1, 1880.
1886
1887.
91,24(3
117,929;
405,30*
Ind’noia,Ae
i.
.
<
288,490;
284,413
28,070;
20,009
131,184;
146,631
New Orleans.
75,544
811,177
70,815
032,014
Mobile
10,1(51
107,320
10,922
87,331
800
11,817
920
10,2*4
40,003
1,530
558,804
1,925
48,747
1,00*
1*6,158
Ac
.
17,140
205,120
20,*02
1,201
8,511
240,004
11,010
57,100j
1,112
3,035
4,086
*,(>52
119,138
9,753
81,2*0
23,150
23,381
40,75 1
57,667
Florida
Savannah
Bruns w.,
...
Charleston
P. Royal,
Ac
Wilmington
M’eh’dG.Ac
Norfolk
W.Point, Ac
1
!
14,197
i
2*7
2,001
348
1,9 1*
20.050
252,800
41,430
20,425
255,12(5
19,9*7
278,9*5
124,010
23,5 10
81,831
10,5.80}
......
September, and 13 55c. fur November and D.cemb.r, 1888. New York....
105,070
163,927
3,400
1,180
2,40(4
Coffee on the spot is dull, but fair cargoes Rio still quoted at Boston.......
9,000
2,(509
12,000
14,512
25,558
4,14*
12,022!
11,830
54*
8,499
1,804
Baltimore
3,205
j
18^0. Raw sugars have been dull and weak; quoted nomi¬
19,003! 19,862
13,982
1.440
0,728
2,097
nally at 5 3 lGc. for.fair refining Cuba and o;8c. for centrif¬ Phil’dcTa, Ac
2 10,3** 2,874,549 1180,202 2 437,874
855,053“ 919,883
Totals
ugal, 96 deg. test , and refined sugais are unset del. Molasses
In order that comparison mav be made with other years, we
is more uctive to-day at 2l}£c. for St. Croix and 36(a47c. for
seasons.
new crop New Orleans.
The tea sale on Wednesday went off give below the totals at leading ports for six
1882.
1 *84.
1883.
1**7.
Receij>ts at —
j 188(5. ‘ 18*5.
at easier prices for Japans and Ping Sueys, but o lierwise
33,405
33,177
Galvest'n, Ac
33,457;
steady.
38,78*j 39,1st; 22,89
71,354
93,20
(51,75(5
94,
*04
New Orleans.
75,544,
7(5,815!
Kentucky tobacco is quitter. Sales are 350 hkds. of which
1 1,007
12,511
14,854
9,3(50
Mobile
10,10 l!
1.0,922)
only 150 for export. A tobacco fair has been opened at Dan¬ Savannah
40,003
48,7471 33,092 39,3 1 5 30,377 33,766
ville, Va. Seed leaf is also quieter, and sales- for the week Charlest’n,Ae
30,032
17,015
30,49
23,119
21,014
18,4*10
are onlyr 1,180 cases, as follows: 180 cases 1883-85 crops, Penn¬
0,451
7,(502
5,2*
4,002
8,030
10,101!
Wilm’gt'n, Ac
40,556
9
43,900
33,029
Norfolk
41,430
33,241
2(5,05
sylvania, 9(214>^c.; 200 cases 1886 crop, Pennsylvania, 10@
8,433
11,2*7
21,27 >
W't Point, Ac
19,987;
13,049
20,42 5*
11c.; 300 cases 1885 crop, Wisconsin Havana, private teims;
14,438
10,22(5
All others....
13,432
7,9(5(5
0,700
1 l,558i
100 cases 1886 crop, New England, 13(tdl6e.; 100 cases 1886
Tot. this week 240.388; 280,202 259,925 2*4,09 _> 222,185 255,097
crop, New England Havana, 13j^(a>35c.; 100 cas. s 1886 crop,
State Havana, 9(2) 16c. and 200 ca^es sundries, 7@23\\; also400
Since Sept. 1 2874,549:2437,874 2425,282 2505,4 5 1 2 120,284 2442,337
Galveston includes Iiulianola; Charleston includes Port Royal, &o.;
bales Havana, 60c.(2)$l 10; and350bale^ Sumatra, $1 40@$1 75.
Wilmington includes Moreli’d City, Ac.; West Point includes City Point,Ac
Spirits turpentine met with a moderate demand and closed
The exports for the week ending this evening reach a total
of
163,942 bales, of which 9",580 were to Great Britain, 21.774
steady at 37(^371|c. Rosins were rather more active at $1 05
<g$l 12^ for common to good strained, and there is a good to France and 43,588 to the rest of the Continent. Below are
the exports for the week and since September 1, 1887.
inquiry for tar at $2$$2 05. Crude petroleum certificates
From Sept. 1,1887, to Xov 25. 1887
Week Ending Xov 25
have ruled firm, v itk the flow of wells quite moderate, but
Exported to—
Exported to—
Export1
neither buyers nor sellers dare act freely, and the close is
Great
Conti¬
IjtU'
GeniiGreat
from—
T0L1L
France
Wrarve nent.
nent.
Week. Britain.
BriVru
nearly nominal at 7434@747gC. Wool is quieter and hops
for
..
■■
i
i
...
L>
-
sqjnewliat depressed.
speculation in ingot copper has shown renewed activity,
prices have materially advanced, but at the higher prices
the movement to-day was limited, selling at 13’90c. on the
spot, 13f95@14c. for December and 14(214‘05c. for January.
Straits tin has also shown renewed animation in speculative
features, in response to foreign advices, and was to-day fairly
active, mainly at 31f^(232c. for January, but withacloeing
sale for January at 32‘05c., and an early sale for February at
30*40c. Lead is firmer at 438@ 4%c., and spelter has advanced
to 4;8c., but closes nominal.
The iron markets continue
wholly unsettled.
The
and
j.
1
T ,8tOn
New Orleans
.
..
29,535
*
*
.
17,038
1,30)
20,732
1,300
73,305
118,900
1,400
201,787 115,875
1
Mobile
Florida
>,~20
156,022
507.519
14,520
156,581
92 996
237,553
...
......
70,742
Wilmington...
10,401
3,556
8,600
10,4nl
Norfolk
20.557
20,557
5,7 5
5,755
112,027
64,780
3.550
Savannah
3.500
Charleston
West Point,Ac
1,236
15,130
10,773
New York
Boston.
Baltimore
36,322
189,857
...
......
5,100
9,810
20,182
(5
10,779
3,507
040
2,S07
Pnllacelp’a, Ac
10,230
20,189
2,300
30,435
53,912
22,146
149,820
78,358
112,027
64,780
8-.472 283,500
1.145,
fP,P»2
24.W5
9,903
20,755
7,179
*
13,798
181,320
57.837
.
24,842
19,576
•
•
•
......
.
Trtal
-
mi
“S,580
130.006
21,774
P.7I5
43,58.8^03 942 956,678'103,792
0'4,601
1,725,131
P05.405 137,901
271.401
1,314.827
1
40.082 180.403
November 26,
In addition to above
CHRQN IC’LE.
THE
1887.]
exports, our telegrams to-niglit also give
>3
< O
the following amounts of cotton on shipboard, not cleared,
at the ports named.
We add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
& Lambert, 24 Beaver Street.
us
Sg
*
Nov. 25, at-
Qreat
Britain.
*'
New Orleans
32,110
5,000
6,700
Mobile
Charleston
.!
Savannah ......i
Galveston
!
Norfolk
New York
i
Other ports
Other
■
®
•
7,200
42.158
None.
None.
None.
29,685
0s()
7,225
20,000
• 5,100
None.
tt
15,000
None.
None.
(5,250
2,000
S121,101
Total 188(5
Total 1885......
43,4s,S
109.977
3,800
2,100
Stock.
® ®
® ®
p
*•??
®
198,578
20.97(5
33,900
89,912
7,100
15,000
1,500
23.200
9,600
■1,100
13,392
5,000
None.
None.
21.200
51,913
44.014
109,91(5
25,000
12,300
21.754
92,770
6 1,050
17,000
22,687
19,515
(53,701
delivery at this market has been quite
for
—
were
each
to arrive.
The
in transit.
—
following
day of the past week
/A
©
»
1
7
7r*rt
8
7-h
7^8
8
8
J8
91,6
91,c>
9‘-',6
9‘-,r, 9 !>»„>,
lO:!,(5 1031(5
Low Middling
1<
103s
Good Middling
6%
l(6r*R
1 < 6*8
hi,6
93,6
91-16
1 0-! ,(5
10r*H
Fair
113,6 113,6 113,(5
111316 1 1 1' ! 6 1113,6
GULF.
$ &
Strict Ordinary
Good Ordinary
Strict Good Ordinary
Low Middling
Strict Low Middling
Good Middling
8trict Go »d Middling
107,,.
,1011,6
10 7h
11 q
11 7h
V)
■
©
9w
9-i
b
©
©
734
8q
734
8q
713,0
*•>„,
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03,(5
011,6
03,G
011,6
oq
.
03,
-
99
CC CC
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^
Sat
Good Ordinary
Strict Good Ordinary
Low Middling
lb.
in 011 Vues "Wed
7'io
77,6
8*8
j Kb?
i 0110
Middling
■
:
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day.
(-8
0>26 i 01,6
I Oi» 10
01-1(51
!
7",6
01 -. 6 10
Sat
Mon
ed
.
Easy
Steady.:.... .;. J
Firm
TUur.<
Fl'i
port.
Quiet
Tues'.
o
Ex¬
••
v7
11); adv J
Con-
Spec- Tran-
samp ul'l'n
104
137
174
359
sit.
Total.
104
..
..
..
Total
142 1 1 1,100
91<
The daily deliveries
given above
previous to that on which thev are.
916 576, KKP
actually
reported.
The Sales
fodowing
and
Prices
of
comprehensive table:
are
Futures
are
delivered the day
shown
by the
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*1 clndes sales in September, 1887, lor September, 258,200; Sep
tember-October, for October, 570,200.
fPfp- We have included in the above table, and shall continue eaoh
week to give, the average price of futures each day for each month.
It
will be found under eaoli day following the abbreviation “ Aver ” The
average for each mouth for the week is also given at bottom of table.
Transferable Orders— Saturday, lO'Soc.; Monday. lO iuc.; Tuesday,
10'40c.; Wednesday, 10 10c.; Thursday,
2.; Friday, 10 45o.
77,300
137 10(5,600
174 1 39,8(,0
359 141,000
..
Holi dav
112
Steady®
Deliv¬
eries.
Sales.
to
<
®
ww
>-*>-*
93
FUTURES
99
to w^to
9)
SALES or SPOT AM) TRANSIT.
SPOT MARKET
CLOSED.
®
to
101
davs.
!7
to to
©to
©
*1
on same
MM
©©
©o©
*—* *—•
MARKET AND SALES.
glance how the market closed
31
0©
7‘-» 16
The total sales and future deliveries each dav
during the
week are indicated in the
following statement, for the con¬
venience of the reader we also add a column which show s at a
if* ©
©
ss
bO CC ^ bO
to
to CO
Fri.
8
HMqM
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to to © M
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to
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Middling Fair
Fair
&
1 0-16
10L>
10
HM*
Middling
mnAAM
c
03,6
i OiqG
101,6
M
Mon Tue» Wed
Sat.
Ordinary
91e
9«e
loq
1(6*8
10i»i« 1013,(5 1013,(5
-
;
1
3
TJ
ob o ®
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80
:
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.
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Fri.
•
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IS?
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^
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to 31 O b
JO
bales
•
711,6
^3,6
'g
Strict Good Middling...
Middling Fair
Tl».
;
o —•r'a,
Vj
©©:
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°9
_
47
to
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T
•
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; 15.
Iflon. Tiies Wed
to
M
•
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P 1
•
3:
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Sat.
j;
—
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•
#
^ m--
1
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the official quotations for
-Nov. 19 to Nov.
UPLANDS.
Ordinary
are
Of the above
-5 •
**
1 9)08
export, 910 for consumption,
speculation and
;
P
—1
©
E-ps
•
00
2
*t>1 8® 3
"sSL
o V*
g! -I-
•
-1©
un¬
The total sales for forward
delivery for the week are 570,400
bales. For immediate delivery the total sales foot
up this week
910 bales,
— for
including
•
“
•
M
©
S2‘co
©
opening was some¬
foreign advices, both
commercial and political; but cn
Tuesday a sharp falling off
in receipts at the ports gave a fresh
impulse to th » speculation
for the rise, which with some fluctuations was continued to
near the close of W
dnesday. In view of the recent small
c op estimates the market is
very sensitive, a falling off in
the movement, and the explanation that came from
Memphis
hat forest fires obstructed transportation, and
from Texas
h .t the strike on the railroad-; w is
having the same effect,
was little heed-d,
To-day a d oi led improvement in Liver¬
pool and reports of the burning of cotton gins and cotton in fir Id
by forest fires caused a further advance, but the market
became quieter in the last hour.
Cotton on the spot was dull
and unchanged until
Wednesday, when an advance of l-16o.
was quoted. foTlowfd
by an equ il advance to-day, middling
uplands closing at 10^c.
r? >>
®
o.
settled for the week under review.
The
what d pressed, under unfavorable
SB
1
P ® ”
SZsS
•
.
M 0
“*
Cotton for fu'u-e
X
*3 m g
(0
Pi
C©
662,9(54
(527,556
256,919
228,1 82
JO.
so
00
M
(508,95.9
24(5,(594
33 -
H
fci-r cd ®
O 3. z-j ®
ac n ® P*
®
109,984
(56,947
50,982
30.192
80,241
35,050
■— •
s-
M
Total 18.87
p,
o
11,838
None.
650
b-sb <
V
Total.
wise.
Foreign;
PrtO
•
-j
Leaving
| Coast¬
g^
m
3.®
P
3
sygi
So*®®.
P"® ®
OB ® ® ®
®
-'X-'*
S-
a
Shipboard, nol cleared—for
France.
—
® ®
®
»
■JO
*
On
Otj®3.
o’!! 3'
707
The
•06
13
•35
•27
01
following exchanges have been made during the week:
pd. to exch. 1,200 June for July7. | *21 pd. to exek. 500 Feb. for May.
pd. to exeb. 1"() Jan. for Mar.
* 8 ;>d. to exch 200 Dec. for Jan.
pd. to exch. 400 Nov. for Jiine. | 15 pd to exch 200 Dec ror Feb.
pd. to exch. 100 Nov. for May. I 07 pd. to exch. 500 Jan. for Feb.
pd. to exch. 8 0 Nov. for Jan.
I
The Visible Supply of Cotton to-night, as made up by cable
and telegraph, is as follows.
The Continental stocks, as well as
those for Great Britain and the afloat, are this week's returns,
and consequently all the European figures are brought down
to
Thursday evening.
But to mike the totals the complete
[Vol. XLV<
THE CHRONICLE’
708
figures for to-night (Nov. 25), we add
the United States, including in it the
1887.
Stock at Liverpool
430,000
501,000
433,000
1,000
3,000
31,900
30,000
478,000
3,500
33,000
41,000
480,000
15,000
588,000
3,000
24,900
22,000
stock.
Total Great Britain
Stock at Hamburg..
Stock at Bremen....
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp...
Stock at Havre
Stock at Marseilles.
Stock at Barcelona.
Stock at Genoa
Stock at Trieste
,
900
150,000
178,000
2,000
2,000
2,000
9,000
>
cndinJ
VTcelNov. 25.
134,000
5,000
28,000
7,000
Sat nr.
Tues.
Galveston
New Orleans.
Mobile
958
9*8
9^8
9r>8
9]2
J)r,8
9;)m
9'ho
9-8
9:h
97s
9 hqG
235,100
202,000
Savannah
Charleston
Wilmington
008,100
25,000
740,000
Norfolk
578,000
52,000
329,405
512,000
10,000
855,738
300,231
903,002
247,281
27,000
18,950
42,200
...
919/883
of American and other descriptions are as follows
American—
Baltimore
500,000
855,053
7,793
dc.—
Liverpool stock
35,000
155,000
35,000
50,000
London stock
Continental stocks
India afloat for Europe
afloat
50,000
40,000
9»ia
9Hie
9 :h
...
9‘* 8
Receipts
from
910
9916
9
9 Ft
9 >8
9 Ft
9 Ft
9
9%
W
9;,4
ID l4 'w :s8
10%
9%
9-16
9*16
9ih<>
tiie
10%
9%
;
‘
910
•
9%
—
915lft
109]r>
U)
P
9Ji«
9 Ft
Plantations.
9%
9%
9%
©
loq^ss
10%
9%
9-ir,
94t
9%
9-4
9-"is
9%
9*ho
l
10%
10U2
‘)io
9*n,
1
0»16
J
9 Ft
•
9%
The following, table
indicates the actual movement each week from the planta¬
tions.
The figures do not include oyerland receipts nor
Southern consumption; they are simply a statement of the
weekly movement from the plantations of that
which finally reaches the market through the
part of the crop
out-ports.
42,200
183,000
4S.000
131,000
1885.
Oct. 21
“
40,000
52,000
N
v.
11
“
18
“
25
454,000
2,140,143
Total visible supply
2,751,205 2,187,58$ 2,120,019 2,003,113
Price Mid. Upi., Liverpool
5<V,d.
5:?lnd.
5’art.
5i«1(;d,
Price Mid. Upl., Now York—
lO'uc.
9;h(1e.
971(ie.
30710e.
(£51“ The imports into Continental ports this week have been
4
“
....
1386.
Ilec'iits from riant'ns.
St'lc at Interim Towns'.
Rrceiitts at the 1’urts.
lUt'Wc
Eivlinj—
.2,281,205 2.105,2s* 2.1 10,010
Total American
..
.
9H io
9916
9y16 '
-ho
Fri.
•
;
;
;
10 q a ->8
10 "8
!)h
Aj
9%
•
on—
Thurs.
Wed ties.
9L
lOL_,
10r»8
Memphis
Cim-inmiti
Louisville
:
1 0L>
10 xl7i
9° io
St. Louis
578,000
903,002
24 7.2s 1
270,100
382,300
473,000
Total East Tndia, &c
33,000
109,000
IS, 000
78,100
25,000
1 73,000
15,000
105,300
192,000
...
9»m
Augusta
2 ,281,205 2,105,283 2,1 19,919 2,119,143
Total American
East Indian, Brazil,
Egypt, Brazil, Ac.,
329,405
27,000
300,759
to-day..
United States exports
919,883
.
Philadelphia
247,000
131,000
300,000
157,000
512,000
855,738
300,231
18,950
313,000
1 18,000
398,000
301,000
124,000
Liverpool stock
bales
Continental stocks
American afloat for Europe...
United States stock
United States interior stocks..
..
Boston
40,000
2,75-1,205 2,4 87,588 2,420,019 5’,003,113
Of tbe above, the totals
closing quotations for middling cotton
Mon.
...
8,000
7,000
33,000
398,000
50,000
35,000
500,000
50,000
855,053
300,759
7,793
Egypt, Brazil,&c.,all t for EVpe
Stock in United States ports..
Stock in U. S. interior towns..
United States exports to-day.
<800
1,700
72 1,300
807,000
Total European stocks....
India cotton afloat for Europe.
Amer. cott’n afloat for Eur’pe.
GOO
30,000
8,000
223,300
279,000
48,000
2,000
113,000
3,000
30,000
4,000
12,000
37.000
Total Continental stocks
e
12,500
4,000
300
300
800
same towns have been
week last year, and since
415,000
18,000
bales\ 553,000
35,000
19,058 bales more than the same
September 1 the receipts at all the
towns are 274,101 bales more than for the same time in 1886.
Quotations for Middling Cotton at Other Markets.—
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each
day of the past week.
the
the item of exports from
exports
of1885.
Friday only.
1884.
1880.
1885.
1887,
| 1886.
1887. ■'
1885.
1
1886.
265,?iU 26 4818 271,700 161,182! 185,521 220,700 803,754 308.487
268,023 258.483 304.9.14 206 307*228 9.-t7 208,75.3 313,148 301,959
274,423 271,665 280,174 256,614 279,644 301,061 824,579 322,372
232,061 213,550 301,600 270,031 *317,*07 347,022 255,348 311,563
1887.
321,919
333.987
822,382
346,661
322.538
270,4 U 268,5'.-6 284,816 30.*,201 337,180 384,794 299,751 288,079
.'.. 250,025 280,262 2iy,3r8 340,405 366,073 409,4/3 201,069 80 ,162 274,022
The above statement shows—1. That the total receipts from
the plantations since September 1, 1887, are
in 1880 were 2.755.892 bales ; in 1885 were 2,749,837 bales.
3.200,147 bales;
2.—That, although the
receipts at the outports the past week
249,388 bales, the actual movement from plantations was
80,000 bales.
274.022 bales, the balance going to increase the stocks at the
The above figures indicate an increase in the cotton in sight interior towns.
Last year the receipts from the plantations
to-night of 2G0,017 bales as compared, with the same date of for the same week were 309,102 bales and for 1885 they were
1880, an / nerease of 331,180 bales as compared with the corres¬ 291,009 bales.
ponding date of 1885 and an increase, of 151,002 bales as
Amount of Cotton in Sight Nov. 25.—In the table below
compared with 188-1.
we give the receipts from plantations in another form, and add
At the Interior Towns the movement—that is the receipts
to them the net overland movement to Nov. 1, and also the
for the week and since Sept. 1, the shipments for the week,
takings by Southern spinners to the same date, so as to give
and the stocks to-night, and the same items for the corres¬ substantially the amount of cotton now in
sight.
ponding period of
statement.
it
£3
ct*
2
8 g ~ S ©. %
0
ZZ © O rt -3
% zr~
£ g W © J? d
r*
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£3
p
o
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-
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sr” 2’
r r a
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5-
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•
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•
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i
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•
•
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:
Receipts at tbe ports to Xov.25 2,87
Interior stocks on Nov. 25 iu!
ct*
p
H
excess
o
©
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r*s?
§ |5
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oc•
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£r?
; :
:
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=
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Southern
; :
i
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Total, in
03
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*The figures for Louisville in both years are
iigaics estimated.
-
r
Ci
*
<3
r*1
-$
■
i
<
“not.” fThis year's
The above totals show that the old interior stocks have
in :reused during the week 25,500 bales and are to-night 37,354
bales more than at the same period last year.
The receipts at
1,549 2,437,871 2,425,282 2,505,451
I
j
j 385,59* 31 8,018. 321,555; 219,918
3,200,147 2,755,s;pj 2,749,837 2,755,309
204,955; 1-17,080, 153,150
98,274
consuinx>t’ii to Nov. 1
85,000j 08,000- 00,000, 50,000
sight Nov. 25
f-4
t—*
a
September 1
1884.
Tot. receipts from plantat’ns
Net overland- to Nov, 1
1
71
ci*
of
1885,
18$0.
1 88'
H
r*
p
following
1880—is set out in detail in the
i-5
c
were
spinners’ takings
|3,550,102 2,970,97$ 2,902,993 2,903,043
to*
|
i
G02,140i
511,290
)
518,321
418,737
It will he seen by the above that the increase in amount in sight to¬
night, as compared with last year, is 579,124 bales, the increase as
compared with 1885 is 587,109 bales, and the inereaso over 1884
is 010,159 bales.
Weather Reports b? Telegraph.—Reports to 113 by tele¬
graph tc-night indicate that the temperature has been lower
during the week, with frest and ice in some districts. Good
progress is being made in gathering the crop, and our corres¬
pondent at Palestine states that picking is practically finished
in Texas.
The movement of the crop has been in some
measure interfered with by forest fires in Arkansas, Tennes¬
see, &e., and by a railroad strike in Texas.
Galveston, Texas.—We have had dry weather all the week.
Tbe thermometer has ranged from 48 to 75, averaging 65.
Palestine, Texas.—It lias rained on one day of the week,
the rainfall reaching forty-two hundredths of an inch,
Pick¬
and
about
in
Slate.
ing is finished here
everywhere e?se
the
Average thermometer 54, highest 74, lowest 34.
San Antonio, Texas.—The weather has been dry all the
week. Picking completed. Average thermometer 01, highest
78, lowest 44.
Neto Orleans, Louisiana.—It has rained on one day of the
week, the rainfall reaching thirty-one hundredths of an inch,
Tuo thermometer has averaged 61,
Shreveport, Louisiana.—Rainfall fur the week two inches
and ninety-six hundredths.
The thermometer has averaged
50, ranging from 30-to 72.
Coinm bus, Mississippi.—The weather has been very dry
diving the week. The thermometer has ranged from 12 to 70,
averaging 40.
November 26,
^1887, J
THE
CHRONICLE
Leland, Mississippi.—Telegram not received.
Greenville, Mississippi.—It has been cloudy during the
week, with rain to the depth of eleven hundredths of an inch.
The thermometer has averaged 53, ranging from 36 to 70.
Clarksdale, Mississippi.—Telegram not received.
Vicksburg, Mississippi.—We have had no rain all the
week. Average thermometer 57, highest 61, lowest 27.
Gloster, Mississippi.—Telegram not receive!.
Helena, Arkansas.—We have had rain on two days of the
week, the rainfall reaching one inch and seventy six hun¬
dredths. Many farmers are through picking, and some have
brought in tlieir last bales. Receipts falling off rapidly. The
thermometer has ranged from 22 to 72, averaging 49.
Memphis, Tennessee.—It has rained on two days of the
week, and still continues. The rainfall reached ninety eight
hundredths of an inch. Average thermometer 46, highest 71,
lowest 23.
709
Shipments for the iceek.
Great
Britain.
Conti¬
nent.
Shipments since January 1.
Great
Britain.
Total.
Continent.
Total.
Calcutta—
1887
1886
1,000
00,000
62,000
127,000
1,000
2,000
57,000
30,000
13,000
5,000
70,000
2,000
87,000
60,000
35,000
52,000
122.000
243,000
167,000
175,000
418,000
201,000
Madras—
1887
18SG
All others—
1887
1,000
1,000
1886
Total all—
1887
18S0
1,000
1,000
1,000
1,000
3,000
1,000
4,000
220,000
09,000
37,000
01,000
44,000
118,000
The above totals for the week show that the movement from
the ports other than Bombay is 3,000 bales less than the same
week last year.
For the whole of India,
Nashville, Ten tu: see.—We have had rain on two days of the
therefore, the total
week, the rainfall reaching thirty-live hundredths of an inch. shipments since January 1, 1887, and for the corresponding
periods of the two previous years, are as follows :
Average thermometer. 40, highest 51, lowest 34.
EXPORTS TO EUROPE FROM ALE INDIA.
Mobile, Alabama.—It has been showery on one day of the
week, the rainfall reaching three hundredths of an inch. Ice
1887.
1880.
1885.
formed on Monday. The thermometer has averaged 53,
rang¬
Shipments
to
all
This
Since
This
ing from 25 to 73.
Europe
Since
This
Since
wcc!:.
Jan. 1.
from—
week.
Jan. 1.
week.
Jan. 1.
Montgomery, Alabama.—We have had rain on one day of
the week, the rainfall reaching twenty six hundredths of an
1,000 1,000,000
Bombay
3,000 1,010,000
1,000
003,000
inch.
The thermometer has ranged from 21 to 74,
averag¬ All other ports.
l,o00j 118,000 4,000 201,000 0,000 221,000
ing 50.
Total
2,000*1,18 1,000 7,000 1,277,000 7,000 914,000
Selma, Alabama.—We have had no rain all the week. The
thermometer has averaged 49, the highest being 69 and the
Alexandria Receipts and
Shipments.—Through arrange¬
lowest 21.
ments we have made with Messrs.
Benachi A Co., of
Auburn, Alabama.—Rainfall for the week live hundredths Liverpool and Alexandria, we now Davies,
receive a weekly cable of
of an inch.
We had thick fog on the 19th and 20th, frost on the movements of cotton
at Alexandria, Egypt.
The follow¬
the 21st and 22nd, and ice on the 20ili and 21st.
The ther¬ ing are the
receipts
and
shipments
for
the
past
week
and for
mometer has averaged 48.
the corresponding week of the previous two
years.
Birmingham, Alabama.—Telegram not received.
Madison, Florida.—It has rained on one day of the week,
Alexandria, Egypt,
1880.
- iSSt,
1885.
the rainfall reaching one inch and twenty-two hundredths.
Nov. 23.'
The thei mometer has ranged from 22 to 73,
i
averaging 51.
Receipts (cantars1)—
Macon, Georgia.—We have had rain on one day of the
This Aveek
1
180,000
200,000
180,000
_
■
Since 8cpt. 1
Columbus, Georgia.—There has been no rain all the week.
Tke thermometer has averaged 48, the highest being 03 and
the lowest 20.
Savannah, Georgia.—It has rained lightly on two days
and the remainder of the week has been
pleasant. The rain¬
fall reach d twenty hundredths of an inch.
The thermom¬
eter has averaged 50, ranging from 25 to 71.
1,200,000
This
i
|
j week. Sept.
1
|
Exports (bales)—
To Liverpool
14,000
To Continent
5,000
■
Total Europe
1,1 S 2,000
Since !
Th is
week.
l.J
19,000 143,000
|| This
Since
j week.
Sept. 1.
07,000 11,000
40,000 i 5,000
1,213,000
!
week.
02,000
*
Since
Sept. 1.
13,000' 74,000
20,000.
5,000; 34,000
10,000.' 118,000l
18,000 108,000
*
A can tar is US pounds.
Augusta, Georgia.—Light rain has fallen on one day of the
week, the rainfall reaching thirty-five hundredths of an inch.
This statement shows tint the receipts for the week
ending
Cotton continues to come in freely. Tne thermometer has
Nov. 23 were IS),Odd cantars, and the
shipments to all Europe
ranged from 24 to 72, averaging 46.
19,000 bales.
Atlanta, Georgia.—We have had no rain all l he week. The
first killing frost of the season occurred on
Manchester Market. —Our report received by cable to-night
Monday. Average
from Manchester states that the market is dull but
thermometer 41, highest 68, lowest 17.
steady for
Charleston, South Carolina.- It has rained on two days of both yarns and shirtings. We give the prices for to-day
the week, the rainfall
reaching twenty-seven hundredths of below, and leave those for previous weeks of this and
last year for comparison :
an inch.
The thermometer has averaged 50,
ranging from 28
to 67.
Statebarg, South Carolina.—Rain
of the week, to
has fallen
two
on
days
the extent of fifty-three hundredihs of an
inch, and on Monday and Tuesday we had the first killing
frosts of the season. The thermometer has
ranged from 21
3 2.s' Cop.
Twist.
to
71, averaging 46-6.
Wilson, North. Carolina.—It has rained on one day of the
wreek, the rainfall reaching fifteen hundredths of an inch.
The thermometer has averaged 45, the highest
being 62 and
statement we have also received by telegraph,
showing the height of the rivers at the points named at 3
o’clock Nov. 21, 1887, and Nov. 25, IS86.
Nov.
Feet.
New Orleans
Above low-water mark
...Above low-water mark.
...
Memphis
Nashville
Bhreveport
...Above low-water mark.
...Above low-water mark
Vicksburg
*
Below
M, ’87.
zero
Inch.
Nov.
Exports
we
o
O
3
Feet.
1
6
’1
»>
OO
3
*4
4
;>
it
7
October
1
1887
18SG
1885
188-J
Total.
Shipments Since Jan. 1.
j Confin&nt.
Total.
8
7
a!
k> 7i7
d.
>4
7;ko
5*io
5
d.
7 *8
4
UlG«'711 m
5H1C 7;h o'"'~11 io
b'-'lO 7:fs wS ‘
0
0
515o
».
*11 is 5
5
<b 7 *8
5
5
5
7:ts 7TX
from
d.
{ 1880.
Ihs.
!
24,234
d.
d.
7 ^2h 0
7
it 0
7J‘>
7 b>
7 Jg
5*16
53i 6
7 bj
7 b.
5:{i6
712«'0>
7 J2 a (>
7 L>
i
„
>
3]8
5;b ^
Great Britain.—Below
&c., from Great
1886, as compiled
It will be
pounds.
Total of Alt,
18-7.
|
1836.
] 1887.
Lhs.
Yds,
!
Yds.
1
23,612
409,067
188(5.
188:7.
Uts.
Uis.
U)S.
74,539
77,894
98,773
—
i
tn- mufactures
Uplds
7*2
8.
noth.
428,415
Cott’n
Mid.
it 0
7
have reduced the movement all to
1887.
•
l<
1886.
Ihs.
101,5.06
153
190
1,676
1,700
0,602
103,402
The foregoing shows that there lias been exported from the
Unite 1 Kingdom during October 100,602,000 lbs of manu¬
factured cotton, against 103,402,000 lbs. last year, or a decrease
Receipts.
This
Week.
71g (b (>
7bjre0 10
7 bj «0 10
d.
5
the Brit sh Board of Trade returns.
we
Total exports cotton
BOMBAY RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
Great
liritaim
d.
0
0
Cotton Goods
of
Stockings and socks
Sundry articles.
bringing the figures down to Nov. 21.
Shipments this week.
0
Yarn A Thread
India Cotton Movement from all Ports.—'The
receipts
and shipments of cotton at
Bombay have been as follows for
1 Great Conti¬
BrU'n. nent.
s.
a
8 It Ihs.
Shirh ngs.
OCO.'- omitted.
of gauge.
the week and
year,
d.
7 'g
Uplds
32 s* Cop.
Twist.
give the exports of cotton
by us from
noticed that
Inch.
5
8
2
o
l
Shirtings.
yarn, goods,
Britain for the month of October in !8-?7 and
25, *86.
o
1
d.
d. js.
!r>
Oct. 21 7:ts ® 8
“
28 738 w 8
!<r>
Nov. 4 7
a. 8
15
“
11 7:H WH:!8
|5
“
18 7'-h a 8 '-i |f>
«<
25 7*g '<i 8 Js *5
the lowest 28.
The following
Cott'n
Mill.
SU Ihs.
of
Year.
2,800,000 lbs.
East India Crop— The
following is from the Bombay Com¬
1,000;372,000 004,000 1,000,000 0,000 1,53.1,000 pany's Limited report of Oct. 21 :
3,000 32S.000 088,000 1,016,000 21,000 1.172.000
Reports from the districts have been satisfactory on the Avhoie during
1,0001221,OOO 172,000 603,000 1 1,000 ! ,050,000 ; tin: past fort night. Rain lias fallen throughout tin* Briars, .just when it
i>ooo 2,000 3,000508,000)655,000 1,163,000 0,000 1,500,000 j was required, and the plants letve been 1 hereby materially be noli led, ami
Avith .seasonable Aveather henceforward a yield lit 1 le, if anything, less
last year is expected. The pro*poets of the Reiigal erop are reto the foregoing, Bombay appears to show a |i than
ported to be more promising. The -weather recently has boon all that
decrease compared with last year in the week’s
I
could
be desired, which lias helped great ly to repair 1 he damage done,
receipts,
of 12,000
bales, and a decrease in shipments of 2,000 bales, and some time back by excessive moisture, ami tlie yield now is likely to lav
the shipments since Jan. 1
show an increase of 50,000 bales, larger th an was lately expected Would be. the case. ( omptahs and I)harwars are progressing satisfactorily, but
in some parts there has been a,
llie movement at
Calcutta, Madras and other India ports for lit tie too much rain lately. From Rroaeh and 1 >holh*ra complainls of
the last
reported week and since the 1st of January, for two insufficient rain have been received, and rst imates of t lie probable outt urn
of both these crops Iiuac. been considerably reduced din ing the past tortyears, has been as follows. “Other
ports’’ cover Ceylon, night. The Broach
crop, Avhieh once, promised to be very large-the
Kurrachee and Coconada,
L.
acreage planted being much greater than last year—is now exported to
1,000
i ,obo
3,000
j
According
•luticorin,
.
710
Total bales
been with seasonable weather, lmt
the end of November prospects will im¬
said of Dhollera. Both crops are expected to
other hand Bengals and Oomras are ex¬
pected to be a fortnight to three weeks later than last year. .
&c.—The market for bagging has
the orders being for jobbing wants
sellers quoting 5%c.@5%c. for
lb.,
steady,
€c.(aGbgC. for 1% lb., 6t£c.@6;73c.
standard grades. A. light trade
Philadelphia—To Liverpool, per steamers
for 2 lb. and 7c.@7igC. for
is doing in jute butts. For
grades quo'ations are
Exported, to—
Nor.
Nov.
3.
10.
Nov.
17-
Nov.
24.
!
|
j 3,419
tfcherBritleh ports.
12,*86 18,389 11,S68
1,877
1,633
2,658
—
No. Europe..
52
50
150
2,841
6,997
5,t£8
5,390
2,142
3,981
3,759
9,890 11,128
6,273
3,138
...
27,646
...27,64
6
®rand Total
Galveston
26,344
13,798
18 279
4,314
12,667
4,892
37.855
39 234
31,611
23,720
9,651
81,403
70,998
1.887
703j ’To* 9
5,132
2,050
3,672
159
7,069
5,722
703
...
6,550
5,890
Baltimore
Boston
1,091
3,402
New Tore.
i
from—
V-
Since
This
Since
This
Since
Sept.1.
lueek.
Sept,1.
2oeek.
Sept. 1.
'
Receipt*
Orlean.*..
Vexas
9»T&nnuh
..
This
;
Total...
100,838
week.
13,792
....
....
968
'
12,152
7", 628
260
955
3,403
37,379
1.186
3.400
3,145
33,733
75,556
21,410
302
1,136
This year.
51,280
524.381
*0.^51
155,634
Wat rear..
54.157
511.371
1*L«80
13^,855
2,494
!
827
2,717
1.IS5
22,043
8,215
61,365
5,351
41,965
12,450
60,799
York—To
Liverpool, per steamers
Egypt, 2.080
Chiswick, 3,656.
Camellia, 3,590.
5,100.*
Helmsley, 5,500 Nov.
Blanche, 3,165... Nov. 23Steamers Ponca, 5,162; Sahara, 5,445.
West Point—For Liverpool—Nov. 18—Steamer Federico, 4,749.
Boston—For Liverpool—Nov. 15—Steamer Venetian, 3,687
Nov. 16Michigan, 4,062; Pavonia, 1,254....Nov
1,770. .*
For Yarmouth—Nov. IS—Steamer Yarmouth, 6.
Baltimore—For Liverpool—Nov. 19—Steamer Meat nor:',
Steamers
Palestine,
Pennsylvania, 739
.
Spain, 2,641
.
Savannah—To Liverpool, per steamers Anjer
Wylo, 4,012
To Bremen, per steamer Wolviston 4,400
To Reval, per steamer Sylvia, 6,163
Head... 5,500
Coronilla*. 1,900... Winston, 3,100
Chondor, 1.000
Coronilla. 1.850
Charleston—To Liverpool, per steamer Lemuria, 4,339
To Havre, per steamer Pera. 6.113
To Sebastopol, per steamer Paxo, 4.948
Galveston—To Liverpool, per steamers Bellini, 4,350..Countess,
5.936
Cyp.iirenes,4.902 ...Galveston. 5,269
per Bark
To Barcelona, per steamers
To Santander, per bark
To Genoa, per steamer
stored in the
of cotton 011
1,335
steamers
Merchant Prince, 4.100... Ocean
2,^67.
bunkers of steamer Kimberley. She had 8,360
board and Was to sail next morning. Damage
as
.
was
-r
while coming into port.
at Galveston Nov. 20, damaged about
thousand bales of cotton, part of the cargo of live steamers.
steamers escaped with small damage.
c
Cotton freights the past week have been as follows :
from getting ashore
A tire on the new wharf
|
Satur.
Liverpool, steam d.
I)o
sail...r/.
“64
Havre, steam....c.
716
3,667
400
295
1,236
l.OOOj
3.759
1,255
3,335
302
159
20,427
4,005
14,222
16,656
7,996
7,277
9,512
1,400
6,163
5,300
1,000
1,850
4,339
6.113
4,948
21,792
.7
8,327
Wilmington—To Lherpool. per steamer Roraima, 3.184
3.184
NoRKot.iv—To I.iverpool, per steamer Enrique, 5,710
5,710
West Point—To Liverpool, per steamer Pownattan, 6,550
6.550
Newport News—To Liverpool, per steamer Duke of Bucking¬
ham, 5.990
5,890
Victoria.
To Bremen, per
Prime, 1,227
Bremen—Nov. 15—Steamer
bales
reported
small.
Winchester—steamer (Br.)—A dispatch from Bermuda, Nov. 17, states
that steamer Winchester, from New Orleans for Sebastopol, which
arrived at St. Georges Oct. 24, with cargo on lire, was lying along¬
side the wharf there on Nov. 17, where the whole of cargo
being discharged, about one-half of which is badly burned and
wet. Government divers had examined the vessel's bottom, and
their report was awaited to ascertain if she sustained any damage
Adriatic, 1,126....
Wisconsin, 1,778.. 10,774
3,667
400.
Monarch. 295
1.236
Saale, .800
714
Moravia, 3,045
1,255
Belgcnlaud, 1,315
Yaderland,
-.
2.020
1
To Christiana, per steamer Thingvalla, 302
To Naples, pci* steamer Sidonian, 159
Sew Orleans—To Liverpool, per steamers Haytien. 5.201
Nieeto, 5,364
Professor, 6,255
Scholar, 3,607
To Havre, per steamer Austerlitz, 4,005
To Bremen, per steamer March, 5,170... Worcester, 9.752..
To Reval, per steamers Crown Prince, 4,440
Europa,
6,340... Glenmavis, 5,976...
To Genoa, per steamers Acuba, 3.482... Amy Dora, 4,514..
Mobile—To Liverpool, per steamer Heraelides, 7,277
18—Steamer
Donau, 540.
Rotterdam—Nov. 18—Steamer Lero, 100.
Philadelphia—For Liverpool—Nov. 22—Steamer British Prince,
Below we give all news received to date of disasters to ves¬
sels carrying cotton from United States ports, &c.
Kimberley—steamer (Br.), at New Orleans for Liverpool.—At 10 P. M.
Nov. 21st a lire was discovered in two hundred bales of cotton
For
For
Hipparchus, 1,305
Td Hull, per steamer Buffalo,
To Leith, per steamer Critic,
To London, per steamer Egyptian
To Havre, per steamer La Bourgogne,
To Bremen, per steamers Fulda, 200 ..
To Hamburg, per steamers Australia,
To Rotterdam, per steamer Rotterdam,
To Antwerp, per steamers
Atrato, 8,649.
Savannah—For Liverpool—Nov. 22—Steamer
Charleston—For Havre—Nov. 21—Steamer
For Bremen—Nov. 18—Steamer Laurestina,
Wilmington—For Liverpool—Nov. 19—Steamer
22—Steamer Cam Brae. 4,901.
Norfolk-For Liverpool—Nov/ 19—Bark
reached
Aurania, 1.106...
carrying
bringing our data down to
5,104.
News.—The exports of cotton from the United
States the past week, as per latest mail returns, have
900,480bales. So 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 Y^ork we
mclude the manifests of all vessels cleared up to Thursday.
Total hair-.
.Skw
156 bales to Yarmouth
this week of vessels
United States ports,
Canton, 4,433; Ship Caldera,
For Bremen—Nov. 18—Steamer
•
Shipping
29,226 11,248 10,005 200,480
from Boston are
s
....
5,280,
786
4,302 11,354 33,251
1,300.
Sculptor, 2,997....
2,192....Nov. 21Steamer Kimberley, 8,010; Red Sea, 7,865.
For Havre—Nov. 19—SteamerGlenmarvan, 7,511 .'.Nov. 22—Steamer
.
3,041
12,*-53
foreign
....
i
42
9,534
....
2,614
399
60,985
6,764
Carolina
■^.Carolina
Virginia....
■orth’n p’ts
V»nn.,Ac....
0o.
1
....
001
Florida
...
20,314
3,725
11,655
24.935
1,912
!
Mobile
....
!
..
445
the latest dates :
Galveston—For Vera Cruz—Nov. 18—Steamer Whitney,
New Orleans—For Liverpool,—Nov. 18— Steamer
Nov. 19—Steamers Navarro, 8,250; Venezuelan,
Sept. 1
I
102,209
142,457
130,404.
7,460
11.941
5,710
6,550
5,890
2,878
1,287
4,172
770
add the clearances
we
cotton from
Baltimore
j This Since
i week.
3,184
i*543
Included in the above total
and 40 bales to Annapolis.
Receipts of Cotton at
Philadelphia and Baltimore for the past
1887.
Philadelphia
8*327
890
.
Philadel’ia.
The Following are the Ctross
Sfew York, Boston,
week, and since September 1,
;
15,400
30,119
4,948
5,710
Newport N.
275,267
31,394 21,602 26,182 283,590
Boston.
6,113
28,525
1,850
6,300
6,463
Total.
26,182
63,306
7,277
3,184
...
i
1,000
4,400
21,792
.
Genoa
and
Reval. tander. Naples.
159
1,236 4,759 4,892
7,996
4,005 14,222 16,656
7,277
9,512
4,339
Norfolk
West Point.
HO
j
3,138
All other
Ac
1,633
2,658
......
JK>'o>Op’rto,Gibi.’it,r,&c
Total Spain,
Savannah
Charleston.
lena
and liana db <&San-
10,774 4,362
20,427
New York.
N. Orleans.
Mobile
Below
1,236
1,877
topol,
Load. Havre. Hamb.
pool.
13,609! 18,279
!
Sebas-
dam,
Bran. Chris-
Hull,
h&
Liver- Lei
141.246! 153,924
40,074
Roller-
Aniw'2>, liarce-
'
I
Bremen
Iotal to
year.
15,136|
1,236
j
Other French ports
Hamburg
©ther ports.
Sept. 1.
......
770
nts, arrang'd in our usual
!
Wilmingt’n
previ’ut
3,402
200,180
particulars of thesg sliipm
follows :
The
\p)
British King, 1,830
Nederland, 770.
form, are as
period
Total
since
10,774
9,56< 13,794 11,968 4,362
4,593
steamer
’156
Total
Same
Week endina-
1,572
Lord Clive,
...
To Antwerp, per
2^c.@2,4U. and for bagging
qualities 2^c.@2%c.
The Exports of Cotton from New York this week show an
increase compared with last week, the total reaching 26,182
bales, against 21,002 bales last week. Below we give our usual
table, showing the exports of cotton from New York, and the
direction, for each of the last four weeks: also the total exports
sad direction since September 1, 1887, and in the last column
Ube total for the same period of the previous year.
EXPORTS OF COTTON (BALES) FROM NEW YORK SINCE SEPT 1, It 7
paper
890
1,543
’445
1,091
(additional) 1,543
of Alabama, 445
Boston—To Liverpool, per steamer Catalonia, 1,091.
To Yarmouth, per steamer Yarmouth, 156
To Annapolis, per steamer Brunswick, 40
To Bremen, per steamer Wescr
To Antwerp, per steamer State
Jute Butts, Bagging,
been only fairly active,
are
Caspian, 890
Liverpool, per steamer
Baltimore—To
fce only half of what it might have
should rain fall between now and
prove, and the same may be
be early this season, but on the
Price-
[Vol. XLV,
CHRONICLE
THE
sail
Do
Bremen, steam
sail
Do
38
....
%
•
-
•
;q
38
....
....
%
a
mmmm
40*
40'
40’
-10*
*<
q
d.
a
9.}.,
....
....
....
q a 9;] 2
mm
m m
....
•
0
....
....
d.
mm
m m
•
38
•q
•
38
.
••
•
716
1
38
■10*
q £q0
q®»32
q
•
;
■
•
•••
....
73f
732
•
d.
Trieste, steam.. d.
Antwerp, steam d.
*
•
716
....
....
....
Barcelona,steam d.
Genoa, steam
5^2
1
710
....
*
....
....
710
The
Fri.
Thurs.
l
sail.../*.
sail
Wednes.
•
....
Amst’d’m, steam c.
Do via Leith d.
Do
3S2
38
c.
c.
Reval, steam
332® It64
«...
....
Hamburg, steam c.
Do
Tues.
•
....
c.
Mon.
one
..
q
*
732
732
732
q
q
0
732
732
32
q ®5;*>
732
732
q
q
1164
!164
Per 100 lbs.
Liverpool.—By cable from Liverpool we
ing statement of the week’s sales, stocks,
«
■
H
i
have the follow¬
&c., at that port.
1
Nov. 1.
.
Nov. 11.
Nov. 18. ; Nov.
25.
■
Sales of the week
bales
Of which exporters took
Of whieh speculators took...
Sales American
Actual export
Forwarded
Total stock—Estimated
Of which American—Estim’d
Total import of the week
Of which American
Amount afloat
Of which American
63,000
6.000
•l.OOOj
41.000
24,000
20.000
438.000’
234,000
91,000
78,000
265,000
248.000
85,000
S.OO0
1 1.000
52.000
1 1.000
27,000
447.000
247,000
113,000
87,000
263.000
250,000
61,000'
48,000
6,000
2.000
2.000
35,000
32.000
12,000;
30,000
30.000
10,000!
4*9,000
293,000
129,000
107.000
262,000
248,000
13,000
553,000
361.000
The tone of the
THE CHRONICLE
18S7,]
November 26,
Liverpool market for spots and futures each
ending Nov. 25 and the daily closing prices
spot cotton, have been as follows :
day of the week
of
1
1
[Saturday Monday. Tuesday.’ Wedncs. Thursday. Friday.
Spot.
(
p.m.J
Market,
12:30
!
1
1
Pressed
for sale.
Quiet.
Mid.Upl’ds.
Pale.a
5%
7,000
Spec. & exp.
1,000
5»ie
8,000
5%6
8,000
1,000
1,000
Moderate
demand.
Firmer.
5°i6
5%>
5%
5«ig
5° 16
12,000
1,000
10,000
1,500
5%
5%
5%g
Mid. Orl’ns
Harden’g.
Steady.
5%
7,000
1,000
Barley is ureettled, with buyers and sellers apart.
malt has
Market,
?
12:30 j\m.
J
{
Market,
Steady at
3-64 @4-04
advance.
Steady at
Steady at
partially
2-04 ad¬
decline.
1-04 adv.
vance.
Barely
steady.
Easy.
\
4 r. M.
Easy at
2-04@3-64
Firm.
Steady
ai
Exports
of
1-04 decline.
vance.
Quiet and Quiet and
Easy.
steady,
steady.
j
The
opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated.
The prices are given
4 b3-64tf., and 5 01 means 5
Sat., Nov
in pence and Giths, thus:
1-64(L
Mon., Nov. 21
19.
Open High Low. Clos.
4 63
means
Tues., Nov. 22.
Open High Low. Clot.
Open High Low. Clos.
d.
d.
d.
d.
d.
d.
d.
d.
d.
d.
d.
5 35
5 35
535
5 35
5 30
5 30
5 30
5 30
5 32
5 33
5 32
5 27
*
November..
Nov.-Dee... 5 31
Dec.-Jan ... 5 30
5 31
5 30
5 31
531
5 30
5 30
5 26
5 25
5 20
5 27
29
5 30
5 29
d.
5 -3
5 30
5 26
5 25
5 20
5 28
5 28
5 i3
5 28
5 28
5 28
5 28
Jan.-Feb ... 5 30
Feb.-March 5 31
Mar .-April. 5 32
5 30
5 30
5 30
5 25
,5 20
5 25
5 20
5 28
531
5 31
5 31
5 20
526
5 20
5 20
5 28
5 29
5 28
5 29
5 32
5 32
5 32
5 27
5 27
5 27
5 27
5 29
5 30
5 20
f 30
April-May..
5 34
5 34
5 34
5 34
5 29
5 29
5 29
5 29
5 31
5 32
5
31
5 32
May-June..
June-J uly..
5 30
5 30
5 30
5 30
5 31
5 31
5 31
5 31
5 33
5 34
5 3o
5 34
5 30
5
5 30
538
5 38
538
5 38
5 33
5 33
5 33
5 33
5 35
Fri., Nov. 2 3.
Thurs., Nov. 24.
YVednes., Nov.*23.
Open High Xo to. Clos. Open High Low. Clos.
November..
35
I
d.
d.
d.
d.
5 30
5 30
5 30
5 30
d.
1
d’
i
5 34
5 34
5 31
5 31
d.
d.
d.
5 30
5 37
5 30
5 30
529
5 30
5 29
5 31
5 30
5 33
5 34
5 29
5 32
5 29
5 32
533
5 32
5 34
5 33
5 32
Dec.-Jan—
5 32
5 32
5 31
5 31
5 30
Jan.-Feb...
5 32
5 32
531
5 31
5 30
Feb.-March 5 32
Mar.-April. 534
5 32
5 32
5 32
5 31
534
5 33
533
5 32
5 32
f 30
5 35
5 35
5 34
5 34
538
5 37
5 37
536
5 30
5 30
5 40
5 39
5 39
5 33
538
5 38
,
d.
5 31
5 33
.
High^Low.
! 33
5 31
Nov.-Dee...
536
April-May
May-June.. 5 38
Jun e-July.. 5 40
5 32
d.
5 33
Open
Clos.
d.
5 37
5 33
5 34
5 33
5 32
5 33
5 33
5 32
533
5 33
5 33
5 33
5 33
5 32
534
5 35
5 34
5 35
5 34
5 30
5 37
5 30
5 37
5 38
5 39
5 38
5 39
5 41
5 4U
5 41
'
30
5 38
i
|
5
40;
1
Friday, P. M., November 25, 1887.
Qu’ntities]
Barley, bush.
New York
Boston
!
Philadelpfra
!
December delivery
January delivery
February delivery
March delivery...
April delivery
May delivery
June delivery
December ’88
Indian
2 RED WINTER WHEAT,
Sat.
87
JIon.
88
88%
85)
%
89%
90%
91%
91*2
92%
92%
89%
90%
91%
92%
93%
93%
96%
Tues.
Wed.
Thurs.
Fri.
87%
88%
87%
•
87%
89
88%
90
90%
91 %
92%
93%
93 %
90
91%
92%
93%
93%
96%
91%
92%
93%
93%
96%
*5
delivery
95%
90%
variable in the first half of the
;
corn was
week, but
on Wednesday was quite active and
buoyant.
To-day th*re
was a further sharp advance, the effect of an active
specula¬
tion for the rise.
DAILY
CLOSING PRICES OF NO. 2 MIXED CORN.
Sint
Sat.
Mon.
Tues.
December delivery
55%
56%
55%
56 %
January delivery.
56%
56%
57
February delivery
56%
56 %
57 %
May delivery
58%
57%
Oats have sympathized with corn, and
.
.
.
.
.
Wed.
Thurs.
56%
57%
0 i %
58%
to-day
58%
58%
59%
—1
were
decided¬
ly higher,
daily closing prices of no.
Sat.
December delivery
.
34%
2 oats.
Mon.
Tues.
35%
35%
34%
35 %
35%
35%
37%
37
37%
Wed.
Thurs.
>»
18
Fri.
%
35%
36%
5
38
$
24,051
30,170,
Value.
220
158
42
00
150,703
83,948
9
11
Baltimore
i
New Orleans
j
San F.&Wil’m’tei
Other cus. dist’s*;
3-3.059
j
32,035'
15,758
399.010
200,331
151,040
84.177
1,125.4041
587,337
1,333,770
100,440
5,430
342,133
5.308
52,509
393,205
17,9821
093,027
20,817
187,538
13,008'
315,238
273,599
594,785
279,132
3,661,545
330,831
55,578
3SS090
1,014,972
1,859,809
491.950]
032,254
180,801
137
94
2H.749
21,538
742,770
2-8,037
1,038,638
728.823
Total, corn...
2,489,6951
Corn-meal, bbls.|
11/57
New York
j
1,241,808
3,294,56:1
1,515,549
7,725,409
3,701,571
31,723
9.712
9,048
40,440
47,285
132,484
29,394
29,794
23,185
1,720
1,201
514
3,511
1,541
40
140
Total, barley
242,280
308.340
15,740
Corn, bush.
New York
Boston
|
Philadelphia
10,018'
j
Baltimore
1
New Orleans
!
San F.&VVil’m’te
Other cus. dist's*.
.
Boston
11.529;
2-5
ISO
•
Phdadelphia.
..
Baltimore
j
New Orleans
San F.JtWil’ n’te
Other cus. dist’s*;
18
4
751,959
110,951
i
4,373;
2,1->9
25,228:
00,799
I4,058i
5.880
2,008
r,071
9,829'
*23,917
22,112
02,478
105,375;
278,544
34,758
12,921
57,090’
22,a84
|
I
1,270
j
250
8.
Baltimore
New Orleans.
j
San F.&Wil’m’te
Other cus. discs'1,
28,531
New York
Boston
122,184
171,148;
Baltimore
New Orleans
J
San F.&Wil’m’te,
Other cus. dist’s*
170,910
Total, oatmeal..
Rye, bush.
New York
020,042
....
10
51
3,730
1.322
0,900
3,041
33,97 ^
800
240
28,315
10,915
7,241
555
322
839
44,347
10,985'
120,980
49,023
220.225
222,550
179,00'
0.544
5,585
3,250
103,075
717,001
3,888
18,489
140,000;
200
7
343,910'
10,940
31,800!
1
“kii!
10.200!
1,300
2,5741
5,306!
'
818,
12,355
5.130 j
2001
Philadelphia...
340
127
023
5
28
1,519
5,807
12,147
Total, oats.....
Oatmeal, lbs.
30
84:
404
111
3
192
,
Philadelphia
95
13
184.383
28,470
1.80,523
'
Total, corn-meal
Oats, bush.
New York
Boston
3.051
120,120
050
30
715,
540
49
203:
8,500
3,500; 2,073,000
53,500j
439,8501
1,050
10,871
3,303,275
60,202,
1,090,461
45,252
10,844
!
3
3
520
442
3
2
3,57e
5,997
Boston
Philadelphia
Baltimore
j
New Orleans.
j
San F.&Wil'm’te;
Other cus. dist’s*
"
..
3
!
New York
Boston
j 1,509,885
Philadelphia
!
1,938,385
1,308.059
182,988
297,200
200,890
221,5291
301.327)
322,559
55,478
008,054
203,217
1,650,308
07,542
52,s07
628,741
540,1981
000.827
803,339
83,985!
104,188
2.740,073; 2.106.7971
053,102
508,200
45.313
455,807
204,357
2,755,334
0,941,370
4O5.6P0
140,679
05,952
1S0,190
1,729,484
1,277,011
1,117,980;
301,890
301,780
223,180
23,757
122,300
2,208
157,060
83,02?
Total.wheat-flo’C 1,008.784 4,483,009
910.350
4,038,985 ;
;
Philadelphia
'
i
Baltimore
New Orleans
San F.JtWil’m’tei
1.900
120.730
Other cus. dist's*!
Totals.
New York
Boston
d60.445
293,792
920,097
8,040
503,915
87,037
3.005,634
990,487
597,608
1,213,761
!
Philadelphia
j
Baltimore.
!
New Orleans ...j
Ban F.&VVil’m’tel
Other cus. dist's*:
240,949
.
995,100
889,303
Value of exports from other customs
Brazos, Texas
*9,539
Chicago, Illinois
250,713
Detroit, Michigan
104,957
Duluth, Minnesota...209,39J
103,018
Huron, Michigan
Miami, Ohio
18,500
90,204!
552,120;
11,239'
020,5351
363,230;
are
072,012!
222,445
1,013,093
17,243;
283,507
337,005
0,000,315
3,270,232
068,503
4,900,080
83.029
1,210,2')8
1,505,530
3,957,739
18,004,599
1,412,844
1 3,633,545!
1,380,035
20.920,729
5,082,005
I
045,106,
1.348,173
!'
379,397
3,820,480
9,068,849
1,834,043
7,512,705
5,574,487
3,033,010
53,820,807
districts for the month of Oct., 1887:
1771
Portland, Me
Richmond, Va
Yorktown, Virginia.
26.553
99,923
Total
£889,303
_____
Note.—This statement includes about 93 per cent of
articles named from all ports of the country.
following
12.903.555
1,702,740
1,402,504
3,473,848
2,824,542
4,711,387
3,902,538
1,152,850
999,192
0,331,209! 0,178,198
4,308,427! 3,298,088
11.646,8041
593,012
•
The
4,424
6,990j
14,318,208'
; 1,220,038
IGrand total
843
5,077,272; 36,591,819 31.598,017
3,402,040
j
Wheat-flour, bbts;
New York
Boston
‘
093
445
529
'
i
the closing quotations
the entire
exports
n,e
<ji
:
FLOUR.
Fine
$ bbl $2 25 a2 50 ®
Superline
2 80 Tv
Spring wheat extras
Mi nil. elearand stra’t.
Winter shipp’g extras
Winter XX and XXX.
Patents
Southern supers
South’n com. extras..
3
2
3
4
2
3
Soul hern bakers’ and
family brands..
$3 60 ®$4
Rye Hour, superfine.. 3 25 a) 3
0
Fine
50 i
40 w 0 60
\2 50
3
3
4
3
10
20
i
«...
85 Tv
20
85 w
Corn meal—
25 d) 4 30 !
Western, Ac
25® 5 00 1
Brandywine
Buckwheat flour, per
80® 3 10
100 lbs
25 S) 3 50 J
2 75 Tv
*>
90
O)
<>
30
ct>
2 95
2 95
0
45
GRAIN.
Fri.
57%
Four Months.
QuantitiesJ Value. [Quantities |
Value.
20:
Total, wheat
ICES OF NO.
1880.
r
advance in
it btcame steadier.
1887.
1.887.
Baltimore
l.
I
New Orleans
San F.&AVil’m'te
Other cus. dist's*.
corn
1887.—The fol¬
October.
Breadstufs Expts,
The flour market for the past we. k presents no salient fea¬
ture.
It has not been found practicable to maintain an
pric s to correspond with the higher prices recently
paid for w heat. The export buyeis would not go on except at
old prices, and the local trade was quiet, as it usually is in a
holiday week. To-day ihe market was quiet.
The wheat market has eho wn less activity and excite nent
in its speculative features, though the volume of business was
quite large. Prices have been variable and unsettled. On
Monday reports that the fall sowings in the Northwest were
suffering from drought save a fresh impulse to the buying for
the rise, but dull foreign a Ivices caused depression on Tues¬
day. On Wednesday buying for the rise was renewed with
vigor, and the dcoline of Tuesday nearly recovered. To-day
the market opened dull and weak, but from sympathy with
October,
for
under-mentioned customs districts of the United States for
the month of October in 1887 and 1886; and for the four
months since July 1, 1887 :
Total, rye
Wheat, bush.
BREADSTUFFS.
Breadstuffs
lowing, made up from the statement issued by the Bureau of
Statistics, shows the exports of domestic breadstuffs from the
I Steady at
1-04 ad
Barley
rtadily brought full prices.
I.
Futures.
711
Wheat
—
Spring, per bush...
Spring No. 2
80
®
93
80
a
Red winter No. 2...
Red winter
White
urn—West’11 mixed.
West’n mixed No. 2.
Western white
Western yellow....
White Southern....
a
87
®
78
TV
80
Tv
54
07 % s
S
57
56
®
®
58
87
88
5)1
92
50
Canada No. 1
Two-rowed State..
Six-rowed State
Milwaukee No. 2...
58
60
Malt—State, 4-rowed.
State, 2-rowed
58%
58 %
bush.
G2
w
64
35
®
36
36
w
®
37
®
94
80
85
85
®
38
42
37
38
Barley—
Buckwheat
Rye-
State & Pa., $
Oats—Mixed
White
No. 2 mixed
No. 2 white...
...
...
50
®
®
®
97
83
86
®
88
80
85
w
60-
a)
THE CHRONICLE,
712
The movement of breadstuffs to market is indicated in the
statements below, prepared by us from the figures of the New
York Produce Exchange. We first give the receipts at Western
lake and river ports, arranged so as to present the compara¬
tive movement for the week ending Nov. 19, 1887, and since
August 1, for each of the last three years:
Corn.
Wheat.
Flour.
Receipts at—
Oats.
Bye.
Barley.
BblsAWlbs Bush.GOlb? Bush. 56 lbs Bush.32 lbs Bush AH lbs. Bu. 56 lbs
Milwaukee.
Toledo
Uflt.rn if.
Cleveland
189,043
179,(543
80,387
150,"39
4.C32
..
20,50 J
St. Louis
Duluth
30,449
28,720
40,78»
29,63?
16,465
45,394
65,624
8.450
39,193
31.539
94
139,385
120,675
10»,380
G,9i:9
130,450
224,406
13,2 0
4,400
•
19,000
980,995
2,250
Peoria
234,372
250.900
Tot.wk. ’87.
Same wk.’80.
3,845
-
248,7(54
2,525,399
l,612,7u8
4,070,(550
52,215.039
31,025,721
1838*
3,177,205
49,499.974
84,86(5,324
1885*
2,991,903. 31,813,941
31,020,143
one
713,662
783,713
76,678
31,414,034
.23,605,174
25,140,540
11,289,653
10,911,477
8,270,041
774,706
1,"06,975
1,085,932
1,66 L,323
from Western lake and river
shipments
ports for four years:
Wheat
Corn
Oats
‘20.
Week
Nov 21.
Week
Nov. 22.
370,008
181),235
110,7(52
221,47(5
5*10,1.87
38(5,203
1,003,05*1:
103,345
(512,708
.IS,/ 1 /
307,3 14
58,003
535,220
1,00(5,032
713,700
4 17,070
25,427
52(5,101
313,0X3
024,528
3(51,5X7
42,(51)0
2,303,540
5)01,280
1,080,212
2,400,1 iy
last four
Week
Nov. 10.
Nov
bids.
bush.
Flour
Barley
Itye
Total
The rail and lake
weeks were:
Flour
bltls.
1SS4.
1885.
188(5.
Week
1887.
Week
end in q—
Nov. 10, ’87.
Nov. 12, ’87.
Nov. 5,’87.
Oct. 20,'87.
1,135,000
902,194
.
week extra.
the rail
are
shipments
ai
;
Wheat,
Corn,
bush.
bush.
47,050
Barley,
' Oats,
Jtf/e,
25,427
5 t ,030
30,147
07,804
507,070
505,021
400,050
520,831
Tot. 4 wks. .1,058,105 7.581,788 7,581,788 5,477,700 2,000,787 178,104
4 weeks ’80.1,580,134 5,728,040 5,730,014 3,181,035 1,530,422 133,4 11
and gain at the seaboard ports for the
19, 1887, follow:
Wheat,
Flour,
bids.
New York
Boston
Montreal
130,552
Philadelphia...
Baltimore
Biehuiond.
0(5,75)5
1 1,75)3
30,033
72.771
bush.
1 ,03 1,012
25),2(55
1 14.401
<52,0X8
101,752
3,(505
2,0(51
1(5,/ 33
....
Norfolk, Va
New Orleans...
15,200
Corn,
Oals,
Barley,
bush.
bidi/i.
bush.
702,570
173,251
2 1,30 1
38,05)0
153,05)2
1,888
Rye,
bush.
555),,5)00 253,220
130,,(530
1(5,800
12,,(531
•17.,532
5,(51(5
1,550
4,802
57,000
5< >, 1 25
5,,220
2,100
1,5)75
,
100,310
-
(55
35,,330
Total week. 377,2 IX 1 ,35(5,808 1 .287,505
Cor. week ’8(5.. 332,481 1 ,(515,82(5 1 ,1(5(5,52!)
Wheat
Corn
>
1.1
801, 203 107,5(51
18.001
1887.
*188(5.
*188,").
*1884.
12,085,180
12,1(57,(572
12,15)5,55)8
basil.
80.517.5)40
13.28(5,310
33,38 1 .(533
4,170,431
(57(5, 1(54
(5(5,157,8(57
73,050,314
43,171,118
77,013,05)1
30,4X0,451
5,150,00(5
1,01 4,377
<55,75)0,304
42,157,531
......
Bye
Total grain
*
Include
35,131,278
4,007,321
5(58,240
30,178,4(55)
1.815,232
5,100,183
1(52,011,778 1 70,5)1 1,025) 1(515,111,3 13 118,371,710
......
...
one
Jan.
13,182,15)0
Oats
Bariev
,i>0(5
.bids.
.....
week extra.
The exports from the several seaboard ports for the week
ending Nov. 19, 1887, are shown in the annexed statement:
Exports
from—
Wheat.
Corn.
Flour.
Ilosh.
Bids'.
Bash.
0 its.
Bush.
1,5)5) 1.
New York
Boston.
Norfolk
Montreal.
I’liiladel
Ball im’ro
N. < XTns.
N. News
Bichm'd
4(58,030
Tot. w'k.
S’me lime
027, s 10
135,103
202,020
1,5)01
1,4 1 2,2 1 8
(550,375
185),72(5
32,8 12
.
123,870
7(5,73(5
Rue.
re
Bush.
187,25)3
47,018
12,(55(5
25,1(57
12,500
31,130
03,32(5
is.
Bush.
1,017
■
-
..
.
85,5)10
25,000
48,000
!
*
..
8(5,4 8f)
•t(W
0,817
l
.
188(5.
77,154
I
8X, 102
71,51(5
......
The destination of the exports is as below.
We acid the
corresponding period of last year for comparison.
Flour.
Wheat.
Co
ft.
*
Ej ports
for week
to—
1 v'X7.
b rrk.
Nor. 10.
Ua.King.
Cont’nt..
Bids.
177.113
27,0 10
1 XX| 5,
Week.
Nor. 20.
Bids.
15*8,7' i.»
13,025)
JS.AL’.A m.
W. Indies
Brit, col’s
1 8,785
10,tilt)
20.210
17.015)
(5,55X5
Oth.c’n'ts
1,15)0
403
Total...
202,02(5
180,720
Chicago
4,000,711
1 8x7.
Week,
Nor. 15).
Bush.
1 S* * ,»> 1 «3
4 11.527
1 8X(>.
Week,
Nor. 20.
Bu.di
5X5(5.274
445,0 1 1
........
0,xi3
027,840 1,412,2 IS
15,400
23,000
4,947
45,700
29,500
021,55)1
105,830
008,755) 1,305),470
77,(512
27,702
30,130
21,045.
50,078
20,303
18,989
120,5)30
37,418
1,523,889
Milwaukee
Duluth
Toledo
Detroit
Barley,
bush.
84,461
118,500
02,550
750,358
228,290
195,420
2,793,024
1,(594,(590
042,(500
43,000
50,348
49,335
129,778
707,802
Minneapolis
220,040
418,789
1,404,231
5,590,257
Baltimore
St, Paul
On Mississippi
On lakes
On canal & river.
14,057
12,000
......
04,117
Indianapolis
Kansas City
000
70,000
5(57,373 1,148,307
72,000
2(52,000
370,35)7
103,584
7,720
8,823
113,020
81,875
100,320
33,11(5
478,517
214,110
55),200
37,505
145,777
201,75)4
82,000
5,012,(590
Oswego
St. Louis
Cincinnati
Boston
Toronto
Montreal
t
217,200
bush.
17,040
32,090
098,800
74,490
110,000
75(5
8,515
4,249
7,200
194,103
40,310
3,200
14,409
10,800
58,939
140,000
18,700
20.880
1,347,580
1,352,000
8(57,5)30
1,508,700
30,(580
100,000
44,700
Nov. 19,’87. 38.871,950
Nov. 12, ’87. 37,233,887
Nov. 20,’8(5. 59,551,351
Nov. 21, ’851 54,535,343
Nov. 22, ’Sit 38,178,939
0,570,884
(5,933,309
12,289,408
4,140.202
0,408.3080,550,000
5,050,740
2,900,210
43.000
82,000
727,100
313,2(57 3,471,777
275,810 3,215,509
409,025 2,00(5,073
030,(527 3,039,045
098,448 2,440,910
4,220,497 3,182,072
Minneapolis and St. Paul not included.
THE
GOODS
DRY
New York,
The
TRADE.
Friday, November 25, 1837.
dry goods trade has not shown much animation the
past week, business having been interrupted to some extent
by the intervention of
There
wt-re
legal holiday—Thanksgiving Day*
a
comparatively few out-of-town package buyers in
the market, and selections at first
hands
were
consequently
light, while the jobbing trade has subsided into the quiet con¬
dition
was,
usually witnessed at this stage of the season.
however,
woolen
goods
a
There
steady movement in domestic cotton and
on account
of previous transactions, and staple-
goods in particular are
firmly held by manufac¬
because of the actual scarcity of many descrip¬
tions.
Fancy cotton fabrics as d»es3 ginghams, te rcurkers,
sateens, chambreys, &c., are largely sold in advance of pro¬
duction for the coming season, and agents hold very liberal
cotton
very
turers’ agents
orders for white
850, 3(58 331,822
The total receipts at the same ports for the period from
1 to November 19, compare as follows for four years:
Flour
2,000
2,549,343
b ush.
bush.
bush.
480,131 1.753,530 1,822,004- 1,200,881
400,754 2,010,235 2,104,883 1,337,073
400,082 1,752,871 2,300,(508 1,531,500
At—
483,100
Albany
Itye,
bush.
bush.
87(5,420 1,848,85)1
7,879,872
BulLilo
Tot.
Tot.
Tot.
Tot.
Tot.
Oats,
Corn,
Wheat,
bush.
In store at—
New York
afloat
Do
105,203
ports for
same
514,238 1,003,230 1,203,303 1,317,250
The receipts of flour
week ended November
supply of grain, comprising the stocks in granary
principal points of accumulation at lake and seaboard
ports, and in transit by water, November 19, 1887 :
Peoria
44,924
50,410
L,203,752
1,158,975
1,439,401
•4,607.833
3,5(52,542
Since Aug. 1.
1887
Include
6,223
270,285
The visible
at the
Philadelphia
Same wk.’So.
Below
472,053
1.998,600
Minneapolis.
*
23,388
801,937
53,800
7f232
779,514
513,194
493,032
lc.7,875
40,713
4,02(5
4,018
Chicago
|Vol. xlv,
3 8X7.
Week,
Nor 10.
Bash.
321.750
5)0,710
5.223
7.228
1 8 X(J.
1DW.\
Nov. -jo.
Bush.
4
goods, cottonades, camlet jeans, &c., for;
later dv livery.
Fancy holiday goods were rather less active
than of late in jobbing circles, but considerably more than an
average business has been done in th's connection the past
few wteks.
Reports from most of the principal distributing
points in the inteiior indicate that both jobbers and retailers
are doing a fair trade for the time of year, and collections arein the main
Domestic
satisfactory.
Cotton
Goods.—The exports of
ootton goods
for the week ending November 22 were 4,222
packages, valued at $270,450. These shipments include 2,0J2
to South America, 1,250 to China, 483 to the Wes; Indies^
172 to Mexico, 109 to Aden, 03 to British Guina, 03 to Europe,.
01 to Central America, and 14 to all other countries.
Since
the 1st of January the exports aggregate 170,827 packages,
valued at $10,374,343.
Of this total China has had 79,908
packages, valued at $3,792,637; and 37,937, packages, valued at
$2,711,639, have gone to South America.
For the similar
period of 1880 the exports to all ports reached 182,530 packages
and in 1885 were 160,455 packages. Owing panly to the de¬
pleted condition of stocks in first hands there was a less
active business in staple cotton goods than in previous weeks,
tut there was a good steady movement on account of back
orders, and the tone of the market continues buoyant and
stxocg. Leading makes of plain snd colored cottons, cotton
flannels, cottonades, csralefs, etc., are in many ca-es sold
ahead for months to come, and agruits decline to make con¬
tracts f r future delivery save “ at value.”
Print cloths were
in fair demand ai d prices have advanced to 3 7-lOc. for 01x04s
and On for 56xC0s, with transactions at these figures. Stocks
last Saturday and for the tlr.ee previous years were as follows:
from this port
58,0X3
155.3x4
27.771
0,187
1.183
2,050
435,403
050,375
Stock
of
Print. Cloth?—
II'lil by Providence manufrs..
Pall River manufacturers...
Providence speculators
Outside speculators (est)
Total stock (pieces)
1887.
N>,l\ 19.
1 8 SO.
For. 20,
57.000
1 S85.
Nov. 21.
188 1.
Nov 22.
407,000
321,000
320,000
150,000
1(5,opo
131,000
44,000
50,000
42,000
20 1,000
157,000
250,000
25,000
75,000
307,000
255,000
197.000
030,000 1,193,000
Prints
=3
—
-
in light end irregular
were
H
demand, but stocks are
prices a1 e firm in sympathy with print
cloths.
Ginghams, seersuckers, Scotch zsphyrs, chambreys
and sateens were severally in fair request, but transaction s
w(re almost wholly for later delivery.
Quilts, scrims and
white goods were rather more active, but table damasks and
towels ruled quiet in first hands.
Domestic Woolen Goods.—There was a steady movement
in light-weight clothing woolen3 in execution of back orders,
but new business was restricted in volume, selections having
teen chiefly confined to a few specialties in cassimeres, suit¬
ings, cheviots and worsteds.
For heavy clothing woolens
there was a light reassorting demand by wholesale clothiers
and jobbers, and cloakings were more or le3 3 quiet. Jersey
cloths and siockinets were fairly active in commission
circles, and desirable makes are firmly held.
Kentucky
jeans and doeskins were in moderate request, as were satinets,
and prices remain steady. All-wool dress goods were in very
fair demand for next season, but worsted dres3 fabrics were
mostly quiet.
Flannels and blankets were distribut'd in j
relatively email parcels to a fair amount, and there was a j
light business in carpets, shawls, skirts, wool hosiery and
htavy shirts ard drawers.
Foreign Dry Goods.—The market for imported goods has
ruled quiet, selections by jobbers and retailers having appar¬
ently been gauged by actual requirements. Silk goods woie
in meagre demand, and dress goods were lightly dealt in, as
were clothing woolens.
HousekeepinglinenB, handkerchiefs,
laces, embroideries, hosiery and gloves were distributed in j
moderate quantities privately an
through the medium of ;
the auc ion rooms, and desirable makes are fa’rly steady in
price.
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SOUTHERN.
Co,,
L.
A.
Hartridge,
GA.,
SAVANNAH,
Co.,
Philadelphia.
ment Securities for sale.
Transact a general banking business. Allow inter¬
est on deposits.
Members of the Philadelphia and New York Stock
SECURITY
BROKER.
Buys and sells, on commission all classes of Stocks
and bonds
Negotiates loans on marketable securities.
New York Quota! ians furnished by private ticker
fifteen minutes.
every
ATLANTA.
Humphreys Castleman,
BROKER
DEALER IN ALL
SECURITIES.
AND
KINDS
OF
Bonds and Stocks bought or sold on commission.
Georgia and Alabama Securities specially dealt in.
Correspondents— Tobey & Kirk and A.LUtenhofer,
New York.
References—Atlanta National Bank, Atlanta,
and Fourth National Bank, New York.
C. W. Branch Sc
Ga.,
Co.,
BANKERS AND BROKERS,
Harj cs,
Narr Sc
AND
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15
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State Bank Building,
Gerlach,
15 R O K ERS
,437 CHESTNUT STREET,
PHILADELPHIA.
Member* of the Philadelphia and New York Stock
Exchanges.
Cable Transfers, Bills of Exchange and Latter* of
Credit.
RICHMOND,
VA.
Private wires connecting wit h Washington, Balti¬
more.
Philadelphia and New York.
"THOMAS
BANKERS
AND
BRANCH «&
COMMISSION
RICHMOND,
CO.,
MERCHANTS.
VIRGINIA.
funding the debts of
Virginia and North Carolina free of cost; one-eighth
percent charged for funding. Southern Railroad
and State and City Bonds bought and sold.
Circulars ard information on
PITTSBURGH,
ESTABLISHED
PA.
1871.
Whitney & Stephenson,
Robert Garrett & Sons,
BANKERS,
BANKERS AND BROKERS.
57
FOURTH
AVENUE.
THvch an
H. B. Morehead.
No.
SOUTH
7
STREET,
BALTIMORE,
TRANSACT
A
GENERAL
FOREIGN BANKING
'WESTERN.
nished.
•sj
0
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I5ALTBMORE.
(INVESTMENT and SOUTHERN SECURITIES a
Specialty.)
Correspondence solicited and information fur¬
©
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Oldest Pittsbnn.h member* N.V. Stock
BALTIMORE.
Is
0
,
H M
r;
Railroad, Municipal and other dosirable Invest¬
No.
BANKERS AND BROKERS,
(Members of Baltimore Stock Exchange),
i
:
—
No. 35 South Third St.,
Private Telegraph Wire to New York and Boston.
Wilson, Colston & Co.,
!
:
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BANKERS AND BROKERS,
WRYBOSSET
;
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© © c © ©
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E. W. Clark &
BANKERS
X
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to CI
Philadelphia Stock Exchanges.
to
is
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Pittsburg Petroleum, Stock and Metal Exchange.
Private wires to New Y’ork, Boston, Philadelphia,
Baltimore and Washington.
Successors
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MEMBERS
No.
JOSTIUA WlLBOCR,
CHARLES IT. SHELDON, Jit
benjamin A. Jackson, William Binnky, Jr.
N. Y.
•
*
Cl
York.
in all Markets.
52
•
OF
BOSTON. NEW YORK AND
PHILADELPHIA STOCK EXCHANGES.
No,
CO ■
o_
Exchanges, and connected by private wire with New
BOSTON.
MEMBERS
>■!
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BANKERS AND BROKERS,
BANKERS AND
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Miscelan Wol. Manufct Total. Miscelan Flax. Cotn Wol. Manufct
Bilk
Flax Bilk Cot n
on
Street, Pittsburg, Pa.
New York and
NEW
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125 Wood
ALSO,
Dealer* In
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BANKER3 AND BROKERS,
STREET,
BOSTON.
STOCK
a •
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Rea Bros. &
BANKERS,
BOSTON
tr*
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Cot n Wool
PENNSYLVANIA.
Brewster, Cobb
THE
1—
Ent’dfor Total.
r+
Ikokcvs ©at of Jlciu
NEW ENGLAND.
OF
r+
l-t
—
C
Hankers anti
MEMBERS
C
5
importations of dry goods at this port for the week
ending Nov. 24, 1887, and since Jan. 1, and the s mie facts for
the corresponding periods of last year are as follows :
CONGRESS
e-t-
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Miscelan Mamifetu
©. -t-
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Importations of Dry Goods.
35
Flax Silk
2d5
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The
No.
•-3
f
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well in hand, and
&
718
CHRONICLE.
1
>
THE
1887.J
■
November 20,
Wm. Fairley
H. B. Morehead &
AND
ESTABLISHED 1671.
Co., P. F. Keleher 8c Co.,
STOCK, BOND AND NOTE BROKERS,
317
OLIVE
ST.
No.^51 WestSThird Street,
CINCINNATI, OHIO.
DOMESTIC
BUSINESS.
STREET,
LOU as.
Dealers in Western Securities and
Stocks and prime
Commercial Paper.
Local Bond*i
THE CHRONICLE.
714
Tvttst
pxn&t <&ompantes.
Union Trust
OF
NEW
Company
78 Broadway, cor. Rector St., N. Y.
CAPITAL,
-
SURPLUS,
Authorised
*1,000,000
*2,500,000
Executor, Administrator
Guardian, Receiver, or Trustee, and is
A LEGAL DEPOSITORS FOR MONEY.
to act
as
Accepts the transfer aRency andreRistry of stocks,
and acts as Trustee of mortRaRes of corporations.
Allows interest on deposits, which may be made at
anytime, and withdrawn on five days’ notice, with
Interest for the whole time they remain with the
company.
For the convenience of depositors this company
also opens current accounts subject. In accordance
with its rules, to check at sight, and allows interest
upon the resultinR daily balances. Such checks pas*
No. 49 WALL STREET.
Capital and Surplus,
James M. McLean,
Ambrose C. Kingsland,
James H. Ogilvie,
S. T. Fairchild.
I. H. Frothingham,
R. T. Wilson,
Wm. F. Russell,
C. D. Wood,
James N. Platt,
D. C. Hays,
George A. Jarvis,
C. Vanderbilt,
A. A. Low,
G. G. Williams,
R. G. Remsen,
J. B. Johnston,
Edward Schell,
Amasa J. Parker
Samuel F. BarRer,
James Forsyth,
Charles II. Leland,
Edward KinR,
E. B. Wesley,
D. H. McAlpin,
George B. Carhart,
Chauncey M. Depew,
or
American Loan & Trust
Co,
113 BROADWAY, NEW YORK.
Capital, Fully Paid
$1,000,000
THIS COMPANY TRANSACTS A GENERAL
AND
FINANCIAL
BUSINESS.
INTEREST ALLOWED OX DEPOSITS,
which may be made at any time and withdrawn
after five days’ notice, and will be entitled to inter¬
est for the whole time they may remain with the
All Checks pass
on
Executors, administrators, or trustees of estates,
females unaccustomed to the transaction of
business, as well as religious and benevolent institu¬
tions, will tind this company a convenient deposit¬
ory for money.
JOHN A. STEWART, President,
GEORGE BLISS, Vice-President,
and
.JAMES S. CLARK, Second Vice-Pres't
Real
Thomas L. Watson,
Elias C. Benedict,
William P. Anderson.
The Union Trust Go.,
AND
613
CHESTNUT
$1,000,000
Paid-up Capital
500,000
Acts as Executor, Administrator, Assignee, ete.
and executes trusts of every description known to
the law.
All trust assets kept separate
from those of the Com-
G. H.
BURFORD, President,
J. P. Fraxeigh, Seo.
A.
Wheelwright,A««’tSec.
Wm. T. Standen, Actuary.
-All the profits belong to the Policy-holder*
exolu*
•lvely.
All Policies issued
by this Company
All Death Claims paid without discount
One month’s
grace allowed in the payment of
Tontine Policies, and ten days’ grace
on all others, the Insurance remaining in full
foroo
Premiums
on
during the
grace.
Co.
GOOD AGENTS, desiring to represent the Com
re Invited to address J. 8. GAFFNEY, Super
interdent of Agencies, at Home Office.
pany,
Satihs
$500,000
keeping securities and other valuables, and
deposit boxes in burglar-proof
Bank of
rents safe
vaults.
of every description, acting as
executor, administrator, assignee, etc., and
executing Surety for the faithful performance
of any trust or office.
Acts as Agent or Attorney for the sale or manage¬
ment of real estate, and insures titles to real
estate and mortgages.
Receives Trusts
OFFICERS:
Buffalo,
BUFFALO, N Y
8. S. Jewett, Pres.
Wm. C. Cornwell, Cash’r.
Capital—$300,000 I Surplus
$250,000
This Bank has superior facilities for making Col¬
lections in and out of the city on the most liberal
terms, and with careful attention to the best inter¬
ests of its correspondents.
Correspondents:—Importers’ &
President-FRANK K. HIPPLE.
Secretary—WILLIAM R. PIIILLER.
Treasurer-WILLI AM F. NORTH.
Real Estate Officer—THOMAS B. PROSSER.
Principal and interest
W. T. Blackwell, Pres’t.
George Philler,
Edward T. Steel,*
Charles W. Henry,
John F. Betz,
Beauveau Borie,
Thomas Dolan,
William M. Singerly.
It. Dale Benson.
John Wanamaker,
So 1 icitor—GEORGE J UNKIN.
P. A. Wiley, Cashier.
The Bank of
Durham,
DURHAM, N. C.,
Pay Special Attention to Collections.
FIRST-CLASS FACILITIES.
The
Brooklyn Trust Co.,
New York Correspondents—The National Park Bank
a d Seventh Ward National Bank,
Cor. of Montague and Clinton Sts.,Brooklyn, N.Y.
CAPITAL (FULLY PAID) - $1,000,000
This company is authorized by special charter to
act as receiver, trustee, guardian, executor or admin¬
istrator.
It can act as agent in the sale or management of
real estate, collect interest or dividends, receive re¬
gistry and transfer books, or make purchase and sale
of Government and other securities.
Religious and charitable institutions, and persons
anaccustomed to the transaction of business, will
And this Company a safe and convenient depository
for money,
RIPLEY ROPES, President.
EDMUND W.CORLIES, Vice-Pres’t.
Josiah O. Low,
Alex. M. White,
J. S. Alexander, Pres.
A. A. Alexander, Cash’r.
Texas National
SAN
E. F. Knowlton,
AND
COLLECTIONS
INVESTMENTS
DIRECTORS.
J.Simpson Africa
C.P.Turner, Al.D.
W. J. Nead,
Wm. H. Lucas,
Rob’t Patterson,
Thos. G. Hood,
8amuel Riddle,
R
Alfred H.Gillett, Joseph Wright,
Wm. S. Price,
John T. Monroe,
Thos. R. Patton, J. G. Reading,
D.lI.Agnew,M.I) Jos. I, Keefe,
Theo. C. Engel,
Jacob Nayler,
Edw’d L.Perkins, William Watson
At
the
H’y K. Sheldon,
Collections made on all Southern points on beet
terms; prompt returns.
JOHN P. BRAN H, President.
John F. Gle ;n, Cash.
Fred. R. Scott, Vice-Pree.
'
WE SOLICIT THE AGENCY
of
Auction.
AND
BANKS
per
Annum.
GREEN & CUNNINGHAM,
BONDS,
Real Estate Brokers,
STREET, WASHINGTON, D. C.
Reference: Hon. A. U. Wyman, Ex-freasurer
U. 8., Omaha. Neb.
1405
F
ON
WEDNESDAYS
ADRIAN II.
AND
SATURDAYS.
MILLER &
SON,
No. 1 PINE STREET. NEW YORK.
Investment Securities
BOUGHT
Glen Riddle, Pa.; Dr. George W.
y.HAHRiHui KG,i*a.; ilenry S.Eckert, Reading;
Edmund S. Doty, Mifflin town; W. W. II. Davis,
Doyles town; U. E. Monaghan, West Chester.
AND
SOLD.
WANTED:
Southern Central of N. Y. lsts.
Middletown Unionvilledc Water Gap
Metropolitan Trust Co.,
Mills
Building, 35 Wall St., New York.
PAID-UP
CAPITAL,
-
-
*1,000,000
Designated as a legal depository by order of
Receive deposits of money on
8upreme Court.
^terest, act as tiscal or transfer agent, or trustee
ror corporations, and accept and execute any legal
1 rusts from persons or corporations, on
arms as other similar companies.
as
favorable
THOMAS H1LLHOUSE, President.
FREDERIC D. TAPPEN, Vice-President*
CHARLES M. JESUP Secretary.
BANK,
MERCHANTV NATIONAL
a
Undesigned hold REGULAR AUCTION
SALES, of all classes of
STOCKS
MADE.
Correspondence invited.
BONDS NATIONAL
At
Charge of *5
STOCKS and
Bank,
ANTONIO, TEXAS.
RICHMOND, VIRGINIA.
John T. Martin, C. D. Wood,
A. A. Low,
Fred. Cromwell, Wm. H. Male,
Alex. McCue,
JohnP. Rolfe,
Ripley Ropes,
Mlch’l Chauncey. E. W. Coriies.
Abram B. Baylls,
Wm, B, Kendall, 11. E. Pierrepont, H. W, Maxwell,
James Ross Curran, Secretary,
Fredkhiok C. Colton, Asst. Sec’y.
guar¬
Money received on deposit at intere t.
J. SIMPSON aFRIC \, Pres.; J.G. READING, V.-P.
MAHLON S. KTOK H!S, Treasurer & Secretary.
WM. II. PRICE. Trust Officer.
Traders’ Na¬
tional Bank and Chemical National Bank, New York;
Merchants’ Loan & Trust Co.. Chicago; Union Bank
of London, London.
DIRECTORS:
Hippie,
Henry C. Gibson,
Lemuel Coffin,
Frank K.
Repository for Western Mortgage loans, bearing 6
and 7 per cent interest.
anteed.
soon
Receives deposits of money payable by check and
allows interest thereon; also receives for safe¬
without charge.
and other valuables taken under
as
satisfactory proofs have been received.
This Company issues all forms of
Insurance, in¬
cluding Tontine and Limited
on-Forfelting) Ton¬
tine.
Burglar-Proof Safes to rent at $5 to $50 per annum.
Wills kept In vaults
are indispuT
as
V-
Bonds, Stocks
guarantee.
YORK,
1850.)
261, 262 & 263 Broadway, New York
TRUSTEES.
PHILADELPHIA.
NEW
IN
pany.
OF PHILADELPHIA,
1340 Chestnut Street.
STREET,
Authorized Capital
V
Geo. II. Warren.
CAPITAL,
ADMINISTRATOR,
GUARDIAN, TRUSTEE. ETC.
611
William Libbey,
John C. Brown,
Edward Cooper,
W.Bay’rdCutting
Chas. S. Smith,
Wm.Rockefeller,
Alex. E. Orr,
Wm.II.Macy, Jr.
Estate Trust
No.
ACTS AS EXECUTOR.
Elias Lewis,,Jr.,
Jules Aldigk,
Stevenson Burke,
George Bliss,
T II E
through the Clearing-house.
DIRECTORS.:
George H. Potts,
Wallace C. Andrews,
Ira Davenport,
John L. Macaulay,
William D. Snow,
James M. Vahnum,
John I). Kimmey,
John I. Blair,
Edward F. Browning, Frederic A. Potts,
John Ross,
Rowland N. Hazard,
Alexander G.Black
George S. Hart,
Frank C. Hollins,
Wm. B. Dinsmore,
OF
Absolute security, combined with the largest liber,
ality, assures the popularity and success of this com¬
MAKES INVESTMENTS OF MONEY.
ROWLAND N. HAZARD, President.
GEORGE S. HART, Vice-President.
WILLIAM D. SNOW, Secretary.
JAMES S. THURSTON,Treasurer.
CITY
(ORGANIZED
able after three years.
Charles E. Bill, ,John A. Stewart,
Wilson G. IIunt.'S.M.Bucki’gham,
Thos. Slocomb,
H. E. Lawrence,
Clinton Gilbert,
Isaac N. Phelps,
Daniel D. Lord,
Erast us Corning,
Samuel Sloan,
S. B. Chittenden,
James Low,
John H. Rhoades,
Wm. W. Phelps, Anson P. Stokes,
D. Willis James, Kobt. B.Minturn,
balances.
ALSO, A8 REGISTRAR AND TRANSFER AGENT.
tW~ An Authorized Depository for Court and
County Treasurers’ Fund.
THE
company.
Deposit subiect to check, and
on
allows Interest
IN
trustee.
HENRY L. THORN ELL, Secretary.
LOUIS G. HAMPTON, Assistant Secretary.
RONALDSON, Secretary.
A. W. KELLEY, Assistant Secretary.
LOAN, TRUST
Receives Money
$6,000,000
-
is a legal depository for moneys
paid into court, and is authorized to act as guardian
JohnJ.Astor,
Robert Lenox Kennedy, Geo. C. Magoun.
EXECUTIVE COMMITTEE:
Wm. Whitewright,
G. G. Williams,
James McLean,
E. B. Wesley,
Geo. C. Magoun,
C. D. Wood,
D. C. Hays,
A. C. Kingsland.
EDWARD KING, President,
JAMES M. MCLEAN, First Vice-Pres’t,
JAMES H.OGILVIE, Second Vice-Pres’t.
A. O
-
The United States Life
Insurance Co.
This company
TRUSTEES:
TRUSTEES:
Henry A. Kent,
^tisitvanxe.
OF NEW YORK,
through the ClearinR House.
Wm. WhltewriRht.
<x,
Companies.
United States Trust Co.
YORK,
[VOL XLV.
COLORADO
Consolidated
CENTRAL
Lichtenstein,
R. V
H. R.
Baltzer,
Vice-President,
W. E. MA.NTIUS,
9martinsen,
Treasurer.
cz: •**
Secretary.
ZZ, j-G. w. Hall, Sup^
Sv.
President,
ALBERT E. HACK FIELD,
Mining Co.,
4S EXCHANGE PEACE.
Paul
5s
Indianapolis & Vincennes lsts and 2ds.
Scioto Valley Bonds, all issues.
No. 51* Pine Street#
N.
W. Harris &
Co.,
CHICAGO and BOSTON.
DHIlinQ of Counties, Cities, &c., of high grade*
DU IN Do sDecialtv. Send for Descriptive Liete#
@FedFRASER