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mmtk
AND^
HUNT'S MERCHANTS' MAGAZINE,
RSPRESSMriNQ THE INDUSTRIAL AND COMMERCIAL INTBRBSTa OP THE UNITED STATES.
VOL.
SATURDAY, NOVEMBER
45.
CONTE
NO.
26, 1887.
Wak EniUng tTov.
>tT8.
19.
P.Cmt.
THE OHBOmCLE.
Clearing House Returns
The Financial Situation
The
687
688
Prominence In the
("iiual's
Grain Movement
690
Baltimore St. Ohio Lost
How
Ite
Imports and Exports for Octo-
and
Englieh
News
Commorolal
News
New Tor*
thaTt$.
691
(Cotton
{Oratn
butheli.
695
iPetmlium
Mfet.
bMi.
%ht
ForSlxMonths
do.
European Bubscrlptton (inolndlnc postaite)
Annual subscription in London (Including postage)
do
do
do
8tx Mos.
6 10
XI 28
London AKcnta
Denver
WILLIAM B. DAKA.
fOHN G. FLOVD.
WILLIATI
B.
102 trilUam
Milwaukee
Detroit
—
Indianapolis...
Cleveland
Columbus
Peoria
Omaha
Minneapolis
..
Paul
Grand Rapids.
NEW YOHK.
box 958.
satisfactory exhibit, both
-fS-l
104.470,434
+3-3
70,508.969
12,ll»,16«
13,706,717
66,453.215
9.663.488
14,036,388
4-2-«
^S•4
00,344,366
10,374,847
11,411.308
St.
St.
compared with preceding weeks
-i-a
i-4-l
1-8-4
-t-81-2
•i-13-0
-2-3
Lonls
Joseph
Kansas City..
Memphis
Ualveston....
Norfolk
+*»
-8-8
4-0-4
4-31-8
4-6-«
4-80-8
4*^
-19-1
-(-6-8
82,133,016
4-8'4
62,277.384
11,502,«00
4.318,546
4.012,800
1,711,059
-I-35-4
-(-O'B
4-10-4
4-14-9
60,510.996
10,218,800
8,008,685
-1-16-8
4,:t88,591
-HI8-2
8,4.53.867
-l-S-9
8,078,653
1,003,099
2,003,190
4,861.812
1,776,746
3,956.771
4-28-0
-l-3r2
8,508.357
3,138.141
Tw-3
4-81-0
-l-SO-0
4-16-8
+«4-l
500.8!i7
4-27-6
318,3711
4- 133-1
714,095
-t-64-l
-1-18-8
-I-86-7
-)-18-5
—0-7
+14;3
8,358,'106
1.802.910
3,117.371
6.337.875,
2.276.285,
4.559,117
672.901!
4-86-7
4-0-7
4-18-3
+5-4
8,895.477
288,817
119,367,741
93,777,098,
4-8r3
17,460,830
1,516,311
14,471,753
6,818.713
8,499.079
3.044,046
8,801.749
1,369,831
16,848.790
1,324,014
10,906.900
4,846.779
6,887.848
8,013,95*
1,902.099
1.481.688
4-7-6
4-16-8
4-32-7
4-38-9
4-38-2
4-16-5
58,006,118
41,987,818
+22-8
of
Total Southern...
-t-S-0
90,loe,ll5
,776
Orleans.
Louisville
week under review make a very
-(-S-3
3.,653,110
Total Western.
CLEARING HOUSE RETURNS.
for the
-t-55-4
637,797
743,147
Wichita
Duluth*
Topeka*
(1,419J8S0) (-96-3,
(1,196,000) (4-U5-6)
(38,4««,a80)
(16,976,000)
108,911,461
,792.998
,575.050
,960,915
,661.385
,779.88«
,590.106
,636,330
,376.491
,890,370
,481,887
.851,430
,687,737
New
Bank exchanges
(9e,8»3,00oi
Co., Pnbllabera,
Street,
Post Office
Cincinnati
St.
DANA &
(M9,t(W
(60,«8S,0Offi
Total Middle..
Chicago
•t Is. each.
New England...
Pittsburg
Smith, 1 Drapers' Gardens, E. C, who will take
snbscrlptlons and advertisements and supply single copies of the paper
-14-5
602,240.30*
867,104
1.184,140
1,043.B17
Baltimore
Edwards &
P.OrnU,
111,215,141
Worcester.
Subscriptions will be continued until definitely ordered stopped. The
publishers cannot be responsible for remittances unless made by drafts
or Post Ollice Money Orders.
These prtc«s include the I.nvestors' StJPPLBMBKT, of 120 pages
Issued onoe in two months, and furnished without extra charge to
•ubsorlbers of the CHROyicLE.
A file ooTer is furnished at 50 cents; postage on the same is 18
oenta. Volumes bound for subscribers at $1 00.
Messrs
1887.
92,146,091
5.490.600
1,742.684
1,173,078
1.113,484
1,129,887
964.416
714,830
1,116.971)
rtalladelphla.
Ji2 78.
iBl 8s.
.Vol'. 13.
90.980,422
5,087,900
1,681,046
1.838.612
1.031,368
987.128
928,748
657,?68
Portland....
Total
$10 20
For One Year (Includini; postage)
TO)
New Haven.
Lowell
:
+3-e
(3,688.869)
1,749.898
1J4 1.833
BDrinsflelil.
Terms of Snbacrlption —Payable in Adrance
750,713,896
(8,437.778)
(894.800)
(133.894.417)
(23,488,000)
98.S01377
^571,000
Boston
Prorldenoe..
Hartford
Clxrcrnick,
777,uS5,374
ITMfc End'g
Sataot—
(Stoaa
Commercial and MisceUaneous
692
Suri>lU8
693
ber
Monetary
1,170.
4-4rs
-8-1
106.199,768
17,673,131
1,138,694
13,130,690
5,494.718
7.801.073
3.078,162
2,061,8801
4-11-8
4-5-<
-6-2
4-3o-tt
4-17-0
4-15-8
4-13-6
1,446,383,
4-10-5
88,118,331
4-19-9
current year and with the corresponding period in 1886.
4-17-5
16,748,793
18,468,004
18,816,404
San Francisco
In fact the present aggregate has been exceeded only twice
4-7-8
968,686,908
1,178,057,910 1,01)9.291,377
Total all
since January 1, 1887, the weeks showing heavier totals
4-14-8: 360386,903
~PF3
400.132,536 348.577.488:
Outside New Tork.
being those ending January 8 and July 3, the usual yearly
* Not Included In totals.
•nd half-yearly settlements having much to do with the
The returns of exchanges, as received by telegraph this
Furthermore, evening, cover only four business days, the Thanksgiving
larger volume of clearings then recorded.
although on four occasions in 1886 a greater total than the holiday having intervened.
In comparison with the correspresent was exhibited, it was caused in each case by the ponding period of last year, which also embraced only four
tiie
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 Novemone, as the returns for some of the more important cities then ber 26, based on these telegraphic figures, points to a decline
embraced only five business days. But passing those cities from the week of 1886 of about 9 '3 per cent. Messrs. R. G. Dun
we find that of the other clearing houses only six show losses, & Co. report the number of failures for the week ended to-night
and in most cases they are so slight as not to be noticeable.
as 207 (187 in the United States and 20 in Canada), against 334
Contrasted with the corresponding period of last year there last week and 316 for the same week of last year.
is a gain at New York of 3'6 per cent, while in the whole
Wuk Xnd^t A'of 19.
Wetk Andin« A'or. 86.
country the excess reaches 7 '2 per cent, and with New York Rsturru by Tele^apK
.
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, ()4'1; Indianapolis, 62'2; Lowell, 55'4; Galveston, New Tork
Sola of Stock (fAarei)
47 '3; Peoria, 37 '3 and Louisville 36 '9 per cent. Providence, Boston
Philadelphia
Baltimore and Norfolk alone record any falling off.
Baluinora
As regards stock speculation, the transactions on the New Chloago
York Stock Exchange cover 3,437,778 shares for the week, St. Louis
against 3,022,2o3 shares for the similar period of 1886. The New Orleans
Total, 5 days
market value of these sales has been respectively |129,962,000
Estimated 1 dar... ..
and $129,1.50,000, and, after deducting two-and-a-half times
Total full week....
these values from the New York totals, the exclianges arising
Balance Coantrr*
through other business exhibit an increase this year of 5 '9 per
Total week.alL
..
cent.
*
tor the
full
1887.
t
1886.
I
t
P. Cent
1887.
P.
ant
-803
639368,943
-01
(1,043,493)
(8,818,480)
(-53-0);
(2.099.027)
(4-1-7)
Sl,168,87i|
66,847,668
-10-8,
44.913,964
4-9-o|
8,938,666
8,788.486
37,491,000
10,948,488
-6-3,
88,408,666
89,311,171
11.40 l,60i
4-9-8
48,939,339,
4-887
14.494,870
-8-8
4-8»»
4-ro
8,986.844
_8-6
18,807.679
4-*4'9
4e»,106,«37i
46,000,000
11,866.340
8,498,884
89j,067,e
5I>,77S,000
4-4-e
653,801,180
178,008,467
771,738,166
168,638,819
-19-3,
87S.6S5JI80.
4-3-6.
190.000.000,
4-W7
888,808,647
100.467,018
940367.015
-11-9, 1.063.803,380
4-80-*, 114,142.18;
4«-»
4-ir»
83,480,111
«99.970.6« 1.09S.1W7.196
week, based on last west't retui
-»8
1.177 7D7..1II7
-H-a
.
THE CHRONICLE.
688
Merchandise.
is
During the present week there has been a speProbably the banks there have
drain to Canada.
reserves.
cial
found it necessary to increase their cash holdings, in view
the
of the condition of money and credit prevailing
m
Bank
Central
cities
West
Jan
FeD
March.
Aprtl...
May....
June. ..
July....
August.
just
So far
tion
of
as
call
continue,
considerable
lost
bankers'
so
Sept....
Oct
balances
money,
there
during
the
the
situa.
been
no
and
very
*
;
ing contracts, very
on
first-class collateral
and
4^@5
6 per cent bid
I
71,534
54,777
63,317
47,568
43,836
47,958
49,398
35,426
53,255
76,050
t
$
31,951 19,588
59,168 •4,379
62,894 2,423
63,581 •16013
t
3,536
144
578
15430
904
505
2,170
5,979
58.66H
61,232
56,593
65,739
56.017
60,861
of
•13274
•7,197
•10313
•782 14,08(1
15,186 12,890
Excts*
Im-
of Export*.
ports. ports.
Imports.
(
629
1,677
2,445
1.494
297
620
496
24J
176
812
82r.
Excess of imports.
month
t
$15,186,000.
is
estimated
t
2,907
+1,533
+1,887
+1,105
607
+ 115
1,682
5,737
t
1,915
2,351
1,634
2,847!
1,925
1,748
2,008
2,058
2,779
2,388
13,913
12,578
»
721
1,019
t
1,194
1,332
1,218
1,417
1,384
982
1,333
1,718
1,492
1 ,450
43»
1,230
641
766
678
810
1.317
93a
last
week
Excess of exports.
merchandise balance for the
This
not quite as large as
is
w&
that the balance would be, the imports
having turned out over 2^ millions larger than we
antici-
pated.
The
successful
placing of the Northern Pacific loan ia
an important event and a very happy hit for President
Harris's administration. Only those who are familiar with
the company's affairs
attended
its
know how many
diEBculties
have
accomplishment, and yet how necessary a part-
of present and prospective plans
its
road has thus been relieved from
achievement was. The
all
embarrassment, and
has also been put in possession of abundant funds for
few new engagements being made; the
quotations for 60 days to 4 months are
ports.
It will be noticed that the
3 per
the extremes are 7
change
cent and the average about 5 per cent, at which figure
renewals have been made. Banks are generally asking 6
per cent, and they have loaned very little at 5 per centIn time loans the business is chiefly renewals of matur.
material
rorts.
Ex-
41,132 8,388 32,744 21,478 13,492 7,981
20,342 40,623 +20,281 21, .351 13,415 7,936'346,524
61,
f29
12,928
9,189
3,740 •47.967 1.5,017 l-i950
485,035
1883.
1881. 379,2181341,879 37,339 17,532 40,284 h3'4.752 23,842 12.568111274
week
represent
has
Ex-
1887. 366,517 596,693 •30176
1886. 553,290 553,060 a,23«
our
altogether
that
cash
omitted.)
Silver.
Excess
Jm-
ports.
issr.
of Toronto,
South
and
I
Exvorts. Tmportt. of Ex-
any cause for increased anxiety. Very likely the money
may not be needed long, as the situation, so far as
we can judgp, does not appear at all alarming. In the
meantime, however, the drafts upon this centre from the
banks have
Gold.
Bjcws
rtar.
The failure of the
now.
which occurred last week, and
the announcement this week of a reduction of the capital
of the Naty-inal Bank of Quebec from $2,000,000 to $1,disclose
333,332, are the chief facts made public which
leading Canadian
XLV.
1
evidently hardening gradually.
increased
This may be the result, in some measure, of an
in
activity
demand due to the higher prices and greater
the
of
depletion
stocks, but is mainly owing to the steady
The money market
TRADE MOTEMENT OP THE UNITED STATES— (OOOs
fOREia.V
THE FINANCIAL SITUATION.
rVOL.
its
Cascade tunnel and other work needed in completing the
main line and perfecting its connections with the Pacific
per cent bid
on mixed secu-
Ocean (through Puget Sound) and with Portland. There
are many who think the company ought never to have
out-of-town institutions. The quotations now are 6 per surrendered its right under its charter to build a direct
cent for 60 to 90 day endorsed bills receivable, 6@6| 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
good single names, having from four to six months to run. in default of 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^ per cent, while the open mar- equipped at both ends, running along its entire course,
ket rate at Paris is 2| per cent, and at Berlin 2^ per cent. and 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 market 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 conOn 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 Earopean differ- rich in
coal
and iron, and
promise
favorable
ences.
The loss of bullion by the Bank ot Eagland this results for future business.
The present mortgage,
week is reported at £35,000, which according to a private which is called the third, was authorizad 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£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 certifiOar 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 mortOn 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 coursa. At all events
with the market dull. This change in tone was reported whether they are extended or not, the company has suffito be mainly due to offerings of bills drawn by the arbi- cient money to meet the other contingency of payment,
so
rity.
As
to the commercial paper market, our city banks
are entirely out of
it,
and the
little
that
is
being sold
is
to
;
—
trage houses against purchases of stocks for European acis not unlikely that the announcement of the loan
far as the holders
count. It
may demand
it
when
due, besides
provision for the needed rolling stock and
work
ample
in progress.
to the Northern Pacific Railroad which was made on WedThe application this week for the discharge of the renesday had some in fluence on the market, though we are in- ceivers of the Puiladelphia
k Reading Railroad marks one
formed that none of the amount will be immediately drawn of the final steps in the reorganiz ition
of
that road.
Of
Yesterday the market was weak. Mr. Swilzler 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,. reason to believe a permanently brighter era. Taus one678,000 and for the ten months ot the year the net gold after another the affairs
of old embarrassed companies are
imports are $32,744,000 The detaUed monthly statements
being settled up, and the debris of past disasters removed.
or 1887 and the totals for previous years are as follows.
Among some of the more^recent previous reorganizations
for.
,
.
NOVEUBRR
or forecloiures
Texas
Plate, tho
York
City
&
TH£ GHKONIOLE
1887.]
i36,
may be meniioned those of the Nickel
& Pacific, the Central Iowa and the New
Northern, while this week in addition to the
Reading two other companies
in
the
coal business have
We
taken steps to regain control of their property.
to the Central of
&
New
refer
also clear that in the case of
is
last.
Stil', making due allowance
augmentation in ezpenaes is altogether
loo large to be accounted for by them, especially when wo
bear in mind that
application
the previous year.
to their owners.
New York &
Lnrw BAsn or
rio,
and there
cern.
New
is
ganizations
is
that they usually result not only in reducing
1887.
a comparison of results for a
is
1888.
1888.
1881.
October.
t
4,787,881
I
4389,174
4,417.847
s,see.s3s
2,974,604
2,480,808
2,621316
1,783.988
l,868.747i
1.938318
+iS0,48S -1-264360
-(-187,928
1.920,701
-1-149383
9,003.473
2366,738 S,06S33t
t
erou
earnlnxs
Op«rat'R ezpeiuea.
Net Mrnlnxi..
WwtsiBllne*.....
Bmnll
a large Continental interest in the con"
The new company will be known as the Western
York & Pennsylvania. Quite a feature of these reor-
follows an even heavier augmentation
Here
Pitts BUBO.
the new company which
of Western Pennsylvania with Lake Erie and Lake Onta-
it
series of years.
Philadelphia,
is to manage the reorganized
property has also been definitely formed this week.
This
is a system of roads connecting the bituminous coal fields
2,127,007
Net earnings.
Western lines
.
»
1881.
8
437834R
4,660.004
8366,199 2,619.318
2.219,149
2,040.711
-f51.-l30a
2,488308 23(8,920
18,844,618 14334.S78jl8,15»,783 15,467,061 1639e.l)«6 15.649318
+'816,418 -1-171,824 -1116,869 -619,096 -f-lI6331l|-flS80381
Resnlt.
variety of divisional mortgages, of uncertain and fluctuat-
Thus the $391,929 increase
can be more easily determined.
1888.
Jan. 1 to Oct. 31.
Gross earnings
40,048,196 41,603,634 87,e96306 40.846,646 42.7ga,3SS 40348338
Operat'g expenses. 80,19e,I«8 20,788,05; 24,4S7,O!8»,87»,«'0 26,473,590 24,903,880
the burden of obligatory interest charges, but also cause a
ing value, to be replaced by one or two large mortgages,
covering the whole property, and whose value therefore
it
least, rates thia
for these facts, the
made
In the case of the Buffalo
a year ago, while
grain at
year were lower than
New York
for the discharge of their receivers, and will on January 2
now than
cost of operating ia greater
Jersey and the Buffalo
Philadelphia, which, like the Reading,
be restored
689
17,l«3.0Se 15.006.40S: 12.03,284114,948.938 17.4S8,S0}|17,«26,193
in expenses this
October
ia
$454,242 last year, making a total of $846,171
two years in one single month. In the same time
Thus in the case of the earnings have increased only $630,347, so that the net has
in addition to
m
Western New York & Pennsylvania, all the old mortgages declined $215,824, and is now lower than in the same
have been retired except the $800,000 of Wairen & month of any other year since 1881. In view of this, we
Franklin bonds, and there will be simply a general first think the conclusion is unavoidable that, as in previous
mortgage,
at 5 per cent, for $10,000,000 (to include the months, expenses must include some large amounts for
Warren & Franklin bonds), and a general second mortgage improving the property. On the Western lines, the showfor $20,000,000.
The second mortgage interest can till ing is more favorable, and the surplus above liabilities has
1893 be paid in scrip upon certain terms and conditions, further increased slightly, and now amounts to $280,485,
and of the
mortgage bonds only $7,700,000 wiU be against $264,260 for October, 1886, and $127,926 for
The obligatory charges under this arrange- October, 1885. Ttte same lines show an improvement of
ment will be $441,000 per annum. In the year ending Sept- $1,144,589 for the year to October 31, and the Eastern
30,1887, net earnings were $485,052,out of which, howeven lines too notwithstanding the poor exhibits of recent
about $1 15,000 had to be paid for taxes and rentals. But months have gained more than a million dollars ($1,012,first
issued at present.
—
—
this result
real
hardly affords a correct idea of the property's
earning power, as the company was up
hampered by an unfortunate coal
terms of which
it
was obliged
low price of $1 25 per ton.
we may
say that $475,542
for the year were
made
till
June
contract, according to the
to deliver coal at Buffalo at the
064) over last year, so that
result
is
on the combined system the
$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).
As bearing upon
of the
in the last
that point
There has been somewhat of a halt this week in the
$485,052 net earnings upward movement in the Wall Street market.
Stockg
seven months.
which were prominent in the rise last week have either
The general character of the reports of earnings is remained stationary or else shown a sagging tendency.
much the same as heretofore. There are many favorable Indeed, if it were not for the fact that some special stocks
returns, and others that are not quite so satisfactory. The took a decided upward turn, the course of the market
exhibits
of
gross are
generally
As it is, there has
quite good, our might be said to have been downward.
tabulated statements for the current weeks of the present
been a loss of buoyancy, with the course of prices irregu*
month, given in another part of the paper, being
lar,
and the tone somewhat unsettled. Except for a rise
dence that the totals are still increasing. Even in the in Delaware & Hudson, the coal shares have not been
Northwest the showing as to gross is better than expected, prominent in the speculation for higher prices, notwithfor the loss on the Chicago & Northwest for the month standing the announcement on Wednesday that the Readof October, according to the figures issued yesterday, is ing and the Central of New Jersey were both to be
only $24,750, while the St. Paul for the third week of taken out of receivers' hands the 2d of next January. Nor
November reports a gain of $76,136. When we examine have the trunk line properties or the grangers been distinevi-
is not infrequently guished for an upward tendency, while Western Union and
have obtained the September figures the Gould stocks have been distinctly weak. On the other
of the St. Paul, for instance, and find that while, as was hand the stocks of the Pacific roads have pretty generally
known, there was a decrease in the gross earnings for that advanced, and Union Pacific is several points higher than a
month of $194,347, there was at the same time an increase week ago on rumors of a heavy increase in earnings for
net results, however, the comparison
disappointing.
We
of $30,912
in expenses, so that the net stands at only October, and also of a favorable report from the Con$1,026,569 this year, against $1,251,828 last year, a fall- gressional Investigating Committee. At the same time
ing off of $225,259. The Pennsylvania, too, presents the
Northern Pacific shares and Oregon Transanother unfavorable statement.
The Eastern system continental were stimulated by the intelligence that the
shows a 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
and business, but this increase in gross results was accompanied by an augmentation of $391,929^ in expenses;
hence; the net has been reduced by $139,759. It is
understood of covirse that in a numUjer of particulars the
amount
of its
new
bonds, and been placed in an easy
condition financially as
the result.
Apart from
these,
Richmond Terminal stock has been strong and higher
on large earnings and reports of the prospective acceaeion of some strong names to the board of directora
THE CHRONICLE.
690
of the meeting of Congress
Tue near approacli
engage
persons disinclined to
makes some
[Vol.
TffE CANAL'S
XLV.
PROMINENCE IN THE GRAIN
MO VEMENT.
in active speculation, while the
demand upon this centre for money for Canada, coming at
The present dispute between the trunk lines ,\nd the
also
a time when the drain to the interior is still active,
Grand Trunk of Canada appears to be an entirely new
constitutes an unfavorable feature temporarily. The Stock disagreement wholly distinct from the difficulties that have
Exchange has decided to abandon trading for the account.
This method of dealings was introdu?ed a short time ago,
but BO inclination was shown to avail of it, transactions in
that way having been insignificant, and now the plan has
prevailed
more or
less
among
all
the lines with regard to
In connection with this latter, however,
grain rates.
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
The following statement, made up from returns collected
by us, shows the week's receipts and shipments of currency
and gold by the New York banks.
competition with the canal, the water route has been getting
Week ending Xovember
Net Interior
Movement.
Shipped by
Received by
N. T. Banks. N. T. Banks.
36, 1887.
11,137,000
Cnrrenoy.
Gold
Total gold and legal tenders.
;i,X57,000
I
t2.125.000
1,400,000
jLogs,
»98S,000
Loss.
1,400,000
$3,535,000
lLoss..f2,S68,000
may
be supposed to have given the railroads in their
an increasing proportion of the grain movement to the
seaboard.
It will
be remembered that for some months the
tariff
on grain between Chicago and the East has been but inThere was very
differently observed by the railroads.
little, if any, deviation on shipments intended for domestic
bank holdings consumption, but on shipments destined for foreign ports
gold
by
this
movement
to and from the concessions have been very largp; indeed if any
and
caused
of currency
the interior and to Canada, In addition to that movement credence can be given to current rumors, some of the
the banks have lost $1,100,000 through the operations of roads at one time accepted consignments for Europe at a
The above shows the
actual changes in the
Adding that item
the Sub-Treasury.
we have
to the above,
the following, which should indicate the total lo3s to the
New York
Clearing House banks of currency and gold for
the week covered by the bank statement to be issued to-day.
It is always to be remembered, however, that the bank
statement is a statement of averages for the 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.
rate
no higher, including the cost of ocean transportation,
New York,
than the ordinary charge between Chicago and
To put an end
in
to this state of things the trunk line
September agreed
to restore the tariff,
managers
chargirg the same
on export business as on domestic business. As this
however, was only partially successful, it was
resolved in October to abolish differentials altogether on
effort,
export shipments, and
to
charge one uniform rate to
Europe via all the Atlantic ports, the trunk
Week endinj November 25, 1887.
Into Banks. Out of Banks. Net Change in
lines thus assuming the responsibility for the varying flucBankHoldlnns.
tuations in ocean freights. But just as the managers were
Banks' Interior Morement, as above tl,157,000
13,535,000
Loss..t2.3a3,000
4,700,000
ready to give this policy a trial, the Grand Trunk of
Total gold and lesal tenders ...
»5,857,000
19,325,000 lLoS3..»3,iM,000
Canada announced its intention of insisting on a differThe Bank of England lost £35,000 bullion during the ential in its favor on shipments over its road, and it is
week. This represents £123,000 net shipped abroad and
now taking grain at 2@3 cents less per 100 lbs. than the
£93,000 received from the interior of Great Britain, The
Bank of Francegained 4,525,000 francs gold and 4,100,000 United States lines. The recent action of the same road
francs silver.
The following shows the amount of bullion in making cuts on dressed beef rates, and the action of
in the principal European banks this week and at the the trunk lines in meeting the cuts, have for the time
corresponding date last year.
being somewhat unsettled things generally.
points in
November
Nm<ember 25,
24, 18S?.
Banks of
Oold.
sutler.
£
Total,
Gold.
£
£
£
1
A
1888.
Silver.
,
2o(a(.
£
£
ngland
20,278,627
20.275,627
20,100,177
20,100,177
France
—
45,495.936 47,761,6¥8
20,264,660 17,970,450
93,267,624
52,371,102 45,643,357
17,750,230 15,740,770
68,014,459
88,235,000
AuBt.-Hnng'y
7.481.000 14,597,000
22,078,000
6,69l),0()0
13,882,000
20,578,000
Netherlands..
4,046,000
8,100,000
12,152,000
6,434,000
8,055,000
Nat.Belglnm*
14,480,000
2,542,000
1,271,000
3,818,000
2,742,000
1,371,000
4,113,000
8,983,000
1,118,000
8,101,000
7,419,000
942,000
8,361,000
Germany*
National Italy
33,491,000
Tot. this week 107,088,11.3 90,824,188 197,912,231 113,512,506
85,634.127 199.140,636
Tot.prer.w'k. 106.P29.S461i)0.48:t,S92 187,318,737 1
13.691,999 83,385,193 199,077,192
'
(between sold and sUver) given In our table of coin and
v^iP®.*"!*,?'".^
bnlllon
In the Kank of Germany and the Banic of Belgium Is made
from
tie best estimate we are able to obtain; in r.eltlier case Is It claimed
to be
conrate, as tliose banks make nodlstinoilon in tlieir weeklv renorta
merely reporting the total gold and silver; but we beUeve
tbe
c di-nsion
loiou
we make Is » close approximation.
.
NOTB.— We recelre the above results weekly by cable, and
while
not aU of the date given at the head of the column,
they arTthl
returns issued nearest to that date— that is, the latest
reporte(l figures
^
The Assay Office paid $154,076 through the
Sub
Treasury during the week for domestic bullion,
and the
Assistant Treasurer received- the following
from the
Custom House.
•
$182,162
109,955
502.475
716,499
278,042
78
20
50
04
49
$4,000
2,000
2,000
3,000
4,000
$1,873,134 99
$15,000
" 24.
Total..
these
events
now
is
valuable, simply as
rail tariff to
the seaboard
was not enforced, whatever further headway the canal
has been able to make against the railroads on the grain
traffic has been in the face of that circumstance. Of course,
much
of the
gram
arriving at the seaJ)oard
consumption, and, on such,
rail rates
is
for domestic
have as said been
observed but on the other hand it is undeniano inconsiderable portion of the whole movement embraces export shipments. It is interesting therefore to note that in October (the figures for which have
fairly well
ble
that
Just
come
;
into our possession) the canal further increasad its
New York, and brought
than 54-04 per cent of the whole, as against
proportion of the grain deliveries at
in
no
less
only 45'10 per cent by
year in October,
when
all
the
rail
routes together.
Last
the conditions were not nearly so
favorable to the water route, the roads then charging full
ratio
Dude*.
eold.
Kov.18.
" X9.
" 21.
" 22.
of
25 cents per 100 lbs Chicago to New York, the canal's
was only 45-63. Hence though total deliveries this
Confuting of—
Date.
recital
emphasizing the fact that as the
U.S.
Oold
Silver Oer-
Notei,
Oerliflc'a.
titicates.
$35,000
53,000
43,000
76,000
40,000
month
$109,000
117,000
388,000
574,000
196,000
$33,000
29,000
90,000
57,000
36,000
$247,000 $1,384,000
$245,000
Hon day
year were nearly If million bushels
Included in the above payments were $21,000 in
silver
coin, chiefly standard dollars.
i
last year,
over 300,000
the
bushels.
less than in the same
amount coming by canal increased
In October, 1885, the proportion
coming by canal was only 38-00 per cent, but that was
after the railroads had been taking grain at very low rates
all summer. \
Moreover, this is not an exceptional result conSned to one
single month, but has been observed in nearly all the
returns since the canal season opened
—
if
anything, grow-
—
1
November
THE CHRONl(n.E.
26, 1887.1
691
Thus in June derbiU roads with the canal, we get a total of nearly 80
July 47 32 per per cent for these three routes, leaving only about 20
cent, in Auguit 53-44 per cent, in September 53 93 per per cent for all the other routes.
Oa the exhibit for the
cent, and now for October 54 04, the latter being the ten months to the end of October, the showing as to the
iog more pronounced in
the later months.
the ratio by canal was 52 30
the
for
heaviest
limited
canal
Nor
year.
now
only
the canal
cent,
the
is
one or two
to
extends
is
per
in
prommence
It,
Not
the whole range of cereals.
to almost
increasing
hold on
its
the two main
wheat and corn, but making decided
other items of grain.
Of
3,399,840 bushels of wheat in its native state delivered
here during October, the canal furnished no less than
Of 2,919,243 bushels of corn, it
3,274,100 bushels.
items of grain,
the case of the
inroads in
roads
separate
of the
formerly.
cereals, as
deUvered 2,748,300 bushels; of 667,3 ;0 bushels of bar.
and of 28,342 bushels of rye 16,600
somewhat
is
Central having
ttie
Wcst
Stiorc has increased
(^olober.
different, the proportion
been sligQtly
its
the remaining
IJ.1
reduced, though
percentage as in the case of
roads the variations in the
percentages of the two years for this period
been reduced from 8-03 per cent to 4-2
canal, however,
are very
L ickawanna, whose
except as regards the
slight,
by
the
has
ratio
Tae
per cent.
J
as conspicuous here as iu the results
is j ist
month.
Notwithstanding the fact that during
nearly half of the ten months that route was not open to
the
for
navigation, it has contributed 36 42 per cent of the
were not for the shipmeats of entire receipts at Ntw Yoik, this being a larger percent*
oats and malt, the railroads would make a very sorry age than in any other recent year, as may be seen from
ley 533,600 bushels,
In
bushels.
flour,
fact,
if
it
showing indeed. E/en in the case of the latter two, the
canal had 485,500 bushels out of 2,934,500 bushels of
oats, and 90,800 out of 349,998 bushels of malt.
No
Another point with reference to the prominence of the
is worth bringing out, and that is that on the
the canal excels, even
cereals
when we take
account the deliveries at the neighboring competing
At
Boston, Fniladelphia and Baltimore.
into
cities,
the latter three
points the receipts of wheat (not including flour of course)
during Ojiober were 875,527 bushels, while the
same
eries of tUe
els,
cereal at
making altogether
delivered by rail at
rail deliv-
New York
less
all
1
to
were 121,000 bushthan a million bushels of wheat
the four seaboard
as
in,
188B.
1887.
TO OCT. 31,
3JkX. 1
1884.
188gL
cities,
Bmlul$.
ButheU.
SiuMm.
20,00S.9J0
20-15
23.20',i.811
3«,488,33«
«8-87
31.861,093
17.670.493
17.309.937
BiutuU.
N. r. Cent.
Per
.
ot.
Brte
sud,
I
20,061,8811 16,434.149
1606
19-25
8.491,633
7-06
12,868.2 OJ
12-33
Del.I..aW.
Per a.
West Shore.
Per ot.
4,356.240
4-20
8,659,14i
8-03
4313,382!
4-65
8,-261,47I
6,416,120
5-05
8.988.734
8-50
Vsr'ua RRs..
Perct.
5,739.234
5-53
4,8(S9,108
664.051
0-61
Total RRs.
65,039,909
62-67
68,968,551
83-97
Per ct.
Biuheit.
Auksb.
wj)4a,oei' i«,974J>15
39-34
SS-S*
34,SI«,30c! 18,a6S.4l»
22-94
ao-se
11,304,313 13,4483S8
10-63
13-99
S«iW
8,103,339
7-81
while the
17-b7
I
'
9,S(W,448
10-10
I
7-98
4,8;9,T7;
4-53
4,059,484
3-81
4-66
I
4.975.431
5-41
519,333
76,901,574^ 59.380.886
67.125.590
63-11
81.369,475
68-73
1,983,987
4-16
3.107.819
2-93
2,097,013
3-85
S0,617,S51
88-30
36,124,193
83-96
25.786,989
28-93
I
0-49
W-54
73-73
498,173
0-59
I
I
Of
3,274,100 bushels.
21-53
17-1)2
Per ct.
PennsylVa..
Per ct.
RlT.&coast..
canal alone brought
TOBK, BY KOUTES,
Oct. 31.
water route,
leading
HEW
BKOBIFTS OF GRAIK XT
Jan.
however, came by canal.
flour,
the following.
Per
910,655
1,747.868
1-63
S,008,fW3j
37,094.520
34-41
24,396.887
23-39
0-01
ot.
8-88
I
corn
we get
in the
same way
deliveries of
rail
by
bushels, against 2,7 48,300 bushels
We now
263, 1S6 bushels, against 533,600.
detailed statement
showing the
canal,
receipts at
1,045,742
and of barley
give our usual
New York
Canal
Perct.
37,793,900
36-42
ToUlall... 103.774.464! 107.810.939 104.807,001'
With
9I.9-,?2.72I 106,357,432
reference to the earnings that
83,163,42
a
the trunk lines
dur-
derived from the grain trafiBc, it is more than ordinarily
and difiScult to make an estimate.
In the first place, it is imIt will be observed that of all the years embraced
water.
possible to tell what proportion of the total receipts was
in the exhibit only one can show a lirger percentage
for domestic consumption and what for export, and in the
by canal, in October, than the present year, namely 1834, second place there are no data for determining the precise
when the ratio was 54-25 per cent, against 5404 per cent amount of the cut on the latter.
Wd think, hiwdver,
now.
that 22 cents per 100 lbs. from Caicag
to Ndw York
RBCE1IT3 OF QRA.IX AT NEW TOBK BT BOUTB8 DCKINa OCTOBER.
would be a fair average for the month, and this compares
1885.
1884.
1887.
1886.
October.
188a
with full 25 cents a year ago, and 20 cents in October,
1882.
N. Y. Cent. ..bush. 2,197,888 2,357.»04 2,654,177 2,707.326] 2,489,065 3,043,685
1885.
Ou that basis, and allowing one-lialf the amount
ing
the
month by each
of
the
various
routes, rail
>
Brie....
Per cent.
bush
Per cent.
16-62
23-93
13-77
18 47
I
15-60
22-15
j
1,222,611; 2,13a,S9«
d-24
14-28
1,932,371
17-42
1,485,373
10-15
3,133,31tli
2,15S,621
15-70
19-52
I
[
915.660
PenaaylT'a..bash.
Per cent.
I>aLL.& W..bu9h.
Per cent.
4-59
6-32
484,544'
8-21
921,7U2'
6-16
910,940
8-20
1.067.011
7-28
1,100,162)
155,777
494,557
600.316'
3-12
1-40
1,639,038
11-03
6-85
8-87
in each
case
to the lines east of BaSdlo, the
the five leading roads to
New York
revenue to
would be about as
follows.
APPROXIMATE GROSS REVBXVE FBOM THBOUOH OSA.IN TOiTHAGB.
I
We<t Shore. bnab.
Per cent.
1,111,5011
8-40-
1.033,604
6-91
Varloug HKs.buah.
402.2)3'
541,149
Per cent.
Total
RU.bush.
Per cent.
304
'
795,745
7-18
0-57
362
35,123
0-25
46,915:
0-30
5-28
5306
58-70
113,044
0-86
195,392
3<>4,«00
7,148,900
54-04
e,3S4.280
45-63
6,630.526} 7,289.';74; 8,87"„467
44-53
45-29
60 03
^
j
RlTer & coastw.bu.
Per cent.
Canal
bush
Per cent
1887.
176,896!
8-30
1-31
i-20
4,215,161
3800
7,951.300
,54-25
237,045;
1-60
.
177,705
1-28
8,52S.800i 6,089,718
53-11
48-69
New Tork
all
1
1 to
Oct. 31.
1885.
1887.
isae.
»
*
*
119.000
26,000
19,000
48,000
188.000
120,000
58,000
52,000
58,000
241.000
416.000
290.000
Central..
53,0C0|
PennsflTunla
Del. Lack. & West..
West Shore
..
t
188S.
87,000
41,000
.1
I
*
>88.000 I.S«3.000> t .106.000
96 ,000
1,037,0001
73tl,000
483.000
186,000
831,000
il3.00o!
500.000'
7,000
330,000|
513,000,
S>i,000
439,0001
377,000
.128.000 3.78-^000 -J.833.00U
...buab. 13.227,325 14,936,060 11.091,136 14,668,782 16,052.119113,743,800
Note.— lu the above table Sour baa been reduced to grain outhe basis
of 4>s bushels to a barrel, and no distinction made In the weights
of the diflereut kinds of bushels, all being added togetber on the same
basis.
Besides
the prominence of
the cinal, this
brings out another characteristic
of
the
statement
movement
the
shows that the two Yanderbilt roads,
Ne^ York Central and "West Shore, like the canal, have
increased their proportions as compared wiih last year
the former from 15 77 per cent to 16-62 per cent, and the
latter from 6 91 to 8-40 per cent, while the other roads
the Erie, the Licka wanna, and the Pennsylvania
have
present
t
95.000
Brie
Total
Total
1886.
I
j
7,938.408! 6,511.395
5,963.381
45-10
Jan.
October.
773,259
82,38!
year.
It
;
—
• .^stained
very heavy reductions.
Combining the Van-
Hence
last
there
year in
the
is
a decrease as compared with October
case
West S^ore, which
of every
carried
a
one of the roads
larger
—aven
quantity of grain
than in 1SS6, showing a reduced revenue. Tue reasons are
first the lower rates, and secondly the fact that so large a
proportion of the deliveries by railroad were oats, which
weigh only 32 lbs. per bushel, while corn weighs 56
Of couise, this revenue from
lbs. and wheat 60 lbs.
through grain tonnage is no gauge of iQe general course
of earnings, as may be jadged from the fact th,.t both the
Pennsylvania and the New York Central i their Ojiober
It indicaicj rather what
returns show very large gains.
a decided improvement there must hare been on 'Jieae
roads in general traffic.
i
;
THE CHRONICLR
692
HO W BALTIMORE db
The annual report
OHIO L OST ITS SURPL US.
&
of the Baltimore
of the President
Ohio Kailroad has never been a very lengthy document,
and this time is shorter than usual, as perhaps is natural
temporarily.
and
facts
new
debt, not to speak of the accumulatioijs of floating
that
amount
or the
obligations
may be necessary
of
new
them
to take
consoliiated bonds
up.
The Pesident gives
Note, now, the end of this policy.
each year an item stating the increase in
account during the twelve ironths. This
in his report
holding ofBce only profit and loss
however, that increase in profit and loss is nothing more nor less than
Standing the surplus of earnings remaining for the year after deof meaning.
considering that the present occupant
The few
of
iLV.
[Vol.
is
figures,
the report does contain, are full
by themselves of course they seem to possess
little signifiducting dividends and all the regular annual charges. For
but when contrasted with similar results and the late year the increase is stated at only j36,259, after
figures for previous years, they point a lesson so obvious allowing for the dividends of 4 per cent each paid in
that even the wayfaring man we think cannot fail to see it. November, 1836, and May, 1887.
In other words,
cance,
To
say that a great change has
come over the
affairs of
the Baltimore & Ohio is to say what (after recent developments) everybody knows. The measure of that change,
however, and the exact causes that have produced
are
it,
A
few
not so clearly within the knowledge of the public.
years ago the management was everywhere regarded as a
model one among
finances
its
in
splendid condition,
wholly free from water,
assured,
its
Its reputation
railroads.
its
was the
in danger of being overtaken
—in
last
by a
all
short,
it
was
the railroad
one that seemed
Today
calamity.
its
control has been surrendered into the hands of a syndicate
of bankers,
in return for
therefore,
proportionately
aid furnished in relieving the
so,
the
company had
balance on the year's operations.
trifling
a very
Bat the
signi-
becomes apparent when we contrast it
for previous years.
Here is a comparison
ficance of this only
with the result
of the yearly surplus for 10 years.
small and
stock
among
enjoying unqualified prosperity, and
it
excellent)
dividends regular and well
its
earnings large and increasing
properties in the country
was
though the stock of the road is very small (less than 15
million dollars), and the requirements for dividends,
SURPLUS ON TEAR'S OPERATIONS.
1877-78
1878-70
18-9-80
$972,607,1882-88
•$1,855,881
1883-84
1884-83
1885-88
1886-87
1,940,319
1.092,
».358,984
1880-Sl
1881-82
],6»7,0S8
1.648,979
* After
nati, &o.
charging
$854,846 for
off
'
'
I
110,819
232,84a
36,259
loss incurred
on Marietta
Thus though the balance has been small
years, that of the present year is the smallest of
&
Cincin-
for
three
all
— and-
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
company
— except
stamp the result as exceptional and the work of
Bat in addition observe that against the
change the assurance of a more prosperous state of things
surplus
for 1886-7, the surplus oa the 1883-4
$36,259
problematical.
stems doubtful and
If the reasons for
was
and on the 1882-3 operations
operations
$1,940,316,
wonderful
transformation
can
be
clearly
this
established,
property
to
those
who
wisely see in this very
cient to
special causes.
—
we
$1,855,821, in the latter case after charging off $854,846
think the experience will be woith relating.
To what,
disaster ?
policy
—a
then, does the Baltimore
The answer
is
&
its
present
The road has had
simple.
policy inaugurated
Ohio owe
by the elder Garrett, but
a
in-
loss incurred
on connecting lines, so that the surplus was
and that, too, after the payment of
$2,710,667
really
—
10 per cent in dividend?, instead of only 8 per cent, as in
Tne falling-off from this large sum to the
the late year.
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.
was that when, in 1885, the other trunk lines harmonized
But this 13 only a partial illustration of the way the
their differences
Except for what has been
the Central taking the West Shore and company's policy has worked.
the construction of the South Pennsylvania being stopped said 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.
same spirit, but pursued its policy of aggression, if any- Qaite the contrary. The company carried less grain to
herited by the eon, who, zealous to carry out the father's
ides,
—
—
thing with more
determination
—
than ever.
must reach Philadelphia nay, must
delphia and on to New York.
previously been very conservative
various extensions had been made
The road Baltimore the
push through Phila-
The
in
last
year,
and
company bad merchandise, east and west,
new woik tons, or about 30 per cent.
its
—some of which being
also less live stock
ber than in the previous year, but
its
and lum-
tonnage of through
increased no less than 800,000
At
the same time the total
tons, though on
was a falling off. Moreover,
was finally reached where nearly all the divisions were self- both kinds of traffic have been increasing year by year,
sustaining on their own operations, not to speak of their as may be seen from the following.
contributions to the traffic of the main stem. Perhaps it
1882-83.
1883-84.
1884-85.
1883-88.
1886-87.
was the success in these efforts that prompted the
Coal <k colie oarrlert
further and larger step.
At all events the company went On mair stem (fns) 2,581,657 3,268,621 3,487,170 3,678,448; 4,209,477
on with its plans almost regardless of financial results;
Of wLicli for com-
Beverly criticised, but justified by the result— and a point
coal
tonnage increased about 450,000
some
of the divisions there
1
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.
the debt was increasing at a very rapid rate.
the issue of $11,616,000 4^ per cent bonds
delphia branch, then
came the $10,000,000
Meanwhile
First
came
on the Phila-
of 5 per cents
secured by Pittsburg & Connellsville collateral;
this was
followed last year by the 4^ million 5 per
cent mortgage
on the Schuylkill East Side road, while in the
current year
the company has issued a 2^ million
4^ per cent equipment loan, making altogether a total of over
28^ millions
pany's ns«
On Pitl»l)arg Dlv..
On TransOliio Divs
On riiila. Dlv
Total
966.458
2,003,982
909,694
4HP,?61
2,427,238
1,329,681
2,137,227
1,168,859
6,392,676
6,400,746
7,430,367
7,878,608
409,695
2,402,130
684,696
439,912
2,157,696
6,668,383
443,544
653,114
383.04S
Carried to Baltimore.
717 2.»s
Flour......
bbla
701,935
762,160 1,271,513
766,163
Wheat
bush. 6,633,443 6,415,660 3,200,025 3,437.169 6,600 027
Corn
bnsh. 4,935,900 3,472,940 8,383,859 9,474,276 6,223,770
Total grain of all
kind!
l)nsli. 12,770,392 11,653,052 13,048,268 13,718,428 12,977,035
Live stock.... tons.
90,530
82,187
43,220
70,520
67,890
Lumber
tons.
93,332
107,398
70,103
86,560
92,631
Through merch'd'ao.
Ea«t&West.. tons. 2.108.325 2.275,252 2,338,147 2,731.119 3,637,207
Ordinarily this would be regarded as proof of the devel
opmtnt
(
f the
company's business ar d the steady growth of
.
NOVKMBER36,
THE CHRONICLE.
18S7.J
In the present case
traffic.
altogether legitimate
it is
— that
is,
natural to regard
in part
as not
trafllc
view
this
is
sup-
first
$1,354,735, but an increase of only (316,978 in net earn
may have been
the
over
previous year
in
the case
of
but a gain of only $152,210 in the case of
Admitting
that
the
of
operating
stem. Tnat shows an iDcreas« in
compared with the previous year of'
as
ings.
the entire system) of
find a gain (on
693
the main
Thus we
$2,236,593
the gross,
Take
gross earnings
great measure by the figures of gross and net
in
earnings.
it
the result of
And
gained only by sacrificing proSts.
ported
..
,
Here,
The Chicago
tration,
however, the eSects on
through busineM
modified by the results on local busineM.
division
therefore afford a better
will
because that division gets very
illus-
little local traffic.
There was a
heavy augmentation
shown in expenses. in expenses, so that the net has been reduced from $269,the extraordinary augmentation
conclusion
is
natural (in view of 917 to $81,122.
said,
the
As against this $81,122 net for the late
Hence, as
p»8t
policy) year, the net of the same division in 1883-4 was $488,'
about
the
company's
know
we
what
that a large amount of traffic was carried at unprof- 988 and in 1882-3 $573,503, so that while but a short
If we go back to 1882 83, we find the road time ago this division earned the charges on the bonds
itable rates.
had only 2,108,325 tons of through merchandise, against out on it, with a surplus besides, now it does very little
So too
3,537,207 tons now, while its coal traffic was only 5, 6G8,3?3 better than meet ordinary operating expenses.
the
net.
that
has increased,
fact
tons, against 7,878,608 tons.
sion in
traffic,
cost
alone could
not
account for
In the face of this great expan-
however, gross earnings have increased only
$919,199, while net earnings have been reduced $2,166,918.
By going one s*ep further, we can make the argument
more
still
should of
The effects of the policy pursued
course be most marked on the divisions where
cocclusive.
the competition
This
severe.
is
with rival lines was most active and
To bring out
precisely what we find.
give below the gross and net earnings
each of the ten divisions for a series of
we
that feature
separately on
years.
1882.83.
Xtiin Stem
(.Biilto.
1883-84.
1884-85.
1885
U
6,432,183
6,237.742
3,969,900
4,026,366
4,343,344
346,505
124,257
335,944
155,613
316,308
120,537
326,321
80,815
350,400
88,839
222,248
180,331
104,771
738,527
478,466
643,163
601,440
847,757
498,909
663,044
601,697
676,830
587,873
48,848
161,347
88,937
Wathtnglon Branch'
{ReUiy tv^Vll9hi^lgton)^•
Oross earnings
Sjcpenses (partial)
Net earnings...
Parktrsb'g Br. (Grafton
to Parkersburg)
Gross earnings.......
291,661
—
Bxpeusea
Net earnings
260,061
to
ColumftiwJ—
1,103,839
716,050
Net earnings
ZjoJu
1,169,773
793,135
1,060,166
764,310
376,638
295,856
1,270,476
79;,963
exhibit
decrease in
1,288,526
753,158
best
on those having the
(
999,128
707,347
1,016,508
764,808
817,785
697.860
1,013,014
1,080,463
703,308
788,599
261,700
119,910
309,711
291,864
2,046,881
1,567,893
1,724,612
1,463,007
2,098,668
1,828,63)
2,070,033
1,988,911
673,503
488,988
261,605
239,917
81,122
115,879
75,407
254,021,
223,732,
299,372
291,531
446.259
432,809
405,610
484,640
WheeUno 4 Pltlsburo.
<Tnwrfo loPitliburg.)Expenses
Net earnings
7,841
40,472
Kiw'rk Snm.Sc Straitn
(.VwrJr.O .to Sh'wneeh
Groas earnings
Ex lenses
Net earnings
164,781
145,269
19,612
13,450 dof.18,930
118.430
147,632
214,291
179,083
183,011
180,435
758 ae{.29,102
86,208
2,570
2,294,827
1,252,695
1,999,960 3,430.085
1,226,541 1,587,664
2,r)99,074
1,012,132
842,421
1,004,204
114,76:
99,521
794,(1«2
168,533
167,775
P(tff.4Conn'nir.(P(f».
Cumberland Br's)Gross earnings
Expenses
to
1886-7.
2,818,172
1,334,897
1,594,810
1,478,275
773,419
Div.—
Gross earnings
.
.....
Expenses
Not earnings
Tot 0/
718,741
16,24G def, 76,281
nU linen op'raVd-
Gross earnings
Expenses
1885-3 to $88,957 in
which
such a large debt has been incurred, fell $76,221 short of
meeting its operating expenses. Taen note that on the
Central Ohio division
tbe
net has
been increased from
$478,523 to $530,368, and is now the best for all the
years given, and that the Pittsburg & Connellsville likewise
has a heavy gain in part, however, the result of the im-
—
provement in the coal business while the Lake Eriedivi'
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
Newark Somerset & Straitsville the falling off is more pronounced.
Altogether we have never known a road where the
unfavorable results of a given policy could be so clearly
This being the case is
traced as in the present instance.
not the fact that that policy has now been abandoned,
and a different one substituted, the best augury that
could be offered for the future ?
IMPORTS AND EXPORTS FOR OCTOBER.
Statistics has issued its detailed
follows.
statement as
MERCHANDISE.
For
the
For
the
10
month of Months etided
Foreign
Oct. 31.
For the 12
iIont?u ended
Oct. 31.
$74,99.5,354 J556,463,967 $712,016,486
1,054,651
10,053,589
12,609,249
1887.—Exports— Domestic.
. .
$76,050,005 $566,517,556 $724,625,735
60,863,938 596,693,221 707,062,498
$17,563,237
$30,175,665
$68,554,137 $543,966,911 $683,678,230
1886.—Exports— Domestic
13,343,618
11,328,931
1,078,903
Foreign
$69,633,040,
$555,295,842 $697,021,848
Total
54,805,262 553,059,912 655,873,616
Imports
$2,235,930 $11,148,233
Excess of exports over Imports .^14,827,778
exports
Excess of Imports over
Imports
GOLD AND 8ILVEK—com ASD BUUJOH.
1887. -Exports— Oold—Dom. .
Foreign
Total
Silver— Dora....
Foreign.
Total
Total exports
Imports— Gold
BUver
,
19,739,837 10.436,60' 16,616,642 18,422,488 20,659,036
11,034,014 11,676,307 10,973,586 12,035,743 14,120,131
Net earnings...... 8,703,823 7.760.301
5.643 037
9,386,6P6 6,638.905
$312,503
$312,.503
$1,264,813
1,123,658
$2,388,471
$2,700,974
$12,890,18
1,449,546
$14,339,728
Excess of exports over Imports
Excess of Imports over exports $11,638,751
$263,212
1886.—Exports— Gold— Dom.
800
Foreign
$204,012
ToUl....
$93.'>,240
Silver— Dom
Foreign
797,849
$1,733,089
Total
$1,997,101
Total exports
$5,412,995
Imports- Gold
1,576.237
BUver
$6,989,232
Total
Excess of eximrts over imports
Excess of Imports over exports »4.992,i'31
.
Net earnings
in
Notice also that the I'Uiladelphia line, on
Total
«jfc
PhHaikliihi.1
that business.
Total
1,304,604)
1.878,167
G ross earnings
of
Excess of exports over Imports $15,186,067
Excess of Imports over exports
Chic. June.
Net earnings
amount
has been reduced from $161,317
630,368
0., to Cfhlcago, III.)—
Gross earnings
Expenses
least
Notice for instance that on the Parkersbnrg branch net
October.
Net earnings
ClUc. Ml).
very striking.
with regard to the other divisions; the results are pooron those affected most by the through business, and
ErU IHv.(yewark
to Sandu»ky)—
Gross earnings
Expenses
is
gross, but a
the
est
The Bureau of
Cent.Ohio Dio.iBellatre
Gross earnings
Expenses
trifling
—
86,
$
»
I
t
»
VFhUnQ and Br'nclM)9,846,613]ll,201,348
11,679,839 11,506.9581 9,733,?5:
Gross earnings
5,820,247
6,147,656!
6,269,216] 5,763,352
6,858,004
Expenses
Net earnings
In that case the
$4,348,881
4,039,423
$8,388,304
$15,076,643
6,390,375
$21,473,018
$29,861,322
$4,9!»9,759
4,0-19,137
$9,048,890
$18,132,412
9,045,708
$27,178,120
$36,227,016
$-11,131,958 $62,098,372
17,300,261
13,491,634
$54,623,592 $79,398,633
$24,762,270 isVifi',^!?
$31,737,031 $32,893,733
9,957,329
8,884,999
$40,(i22;630 $42,851,064
$1.1,196.578 $16,667,974
10,106.736
8.154,296
$21,350,874 $26,664,710
$61 ,973,504 $69,515,774
$20,342,767 $3l,0,i9.316
16,170,498
_13,4 14,838
$33,757,605 $17,229,814
$28,215,890 $22,285,960
—
THE CHRONICLE.
694
TOTAL MEKCHANDISE AND COIS AND BULLION.
For
month 0/
1887.— Exports— Domestic
Foreign
—
$76,572,67e
2,178^09
$78,750,97-'
75,203,6(i6
Total
Oct. 31.
Oct 31.
October,
case of the imports, we find that the receipts the first half of
the year were £178,867,159 an increase over the corresponding period of £8,026,516. At the end of October the aggregate
was £394,953,817, and the excess had increased to £9,485,669,
disclosing a further gain of £1,459,153. This shows clearly a
more liberal movement in trade which the steady development of the goods trafiic on the leading English railways
—
For the 12
For the 10
Months end^d Months ended
the
XLV.
[Vol.
$575,889,491 $735,148,657
25,704.094
20,489,3871
$596,378,878 $760,852,751
786,461,131
651,316,813
Imports
Excess of exports over Imports $3,547,313
$54,937,935 $25,608,380
Excess of Imports over exports
1886.— Exports— Domestic
S69,752,589 8588,901.120 P733, 129,939
33,407,683
28,368,226
1,877,552
Foreign
$71,630,141 $617,269,346 P766,537,622
Total
61,794,494 586,817.517 703,103,430
Imports
Excess of exiwrts over Imports $9,835,647 $30,451,829 $63,434,192
Excess of Imports over exports
EXPORTS AND EXPORTS BT PKI-VCIPAL CUSTOMS DISTRICTS.
proves to be
still
going on.
Growing ease has been characteristic of the money market.
The competition of bills is very keen and they are now negoLoans also are but little wanted and
tiated on low terms.
have been obtainable at 3 per cent.
The following return shows the position of the Bank of
England, the Bank rate of discount, the price of consols, &c.,
compared with last three years
:
Exports.
CcsTOMs Districts AND
PORTS.
October,
1887.
10 months ending
10 months ending
Circulation,
Imports.
\
Exports.
1886.
1887.
1886.
1887.
I
Baltimore.Md.
Boston, Maflfl.
BnflkloCk.N.Y
Gbampl'n.N.y
Cttarlest'n, 8.C
Chicago. 111....
ClnolnDatl.o.*
Detroit, Hlcb.
Dnlntta, Minn.
Galyest'n, Tex
M]lw'kee,Wls.
Ulnn's'a.Mlnn
t
692.033
4,B81.047'
SI2.47tt
601,883
9,004
1.148.555
188,098
320.487
21,082
t
,120.414
,882,4*0
103.048
186,088
,766,>-23
273,066
434.118
219.827
78,988' 4, 209,803
51.3751
I
t
11.424.
54,650,
4.:03,
3,252,
348.
10,461,
2,068,
:!,278. 638
147,,904
653,,306
525,,992
7.<,43f.
89.782
2,022 ,694
Homie, Ala...
18
7,356
«",,24
New Orl'na.La 860.41541,,749,8.i4 8,090,,372
NewYork.N.y 39.682,438 27,,572,808 392.177,,831
Niagara, >'.Y..
480.9061
+3,560
2,838,,514
329' 2,,837.2941
Norfolk, Va...
51,,985
Oregon. Greg..
84.678
228,,537
^"457
OBwega'ie.fTY
149,678
1,889,,082
Oswego, N.Y.. 1.206.758
W2..20 a,918,,827
Pblladel'a, Pa. 2,785.018' 8,
!,7e5.489 33.t84,,944
Portland. Me..
84.322
8".621
!,>».%,220
San Fran., Cal. 3,875.!»7S| 1,1,785,854 ai,220 ,609
SaTannab, Ga.
Louls.Mo.'
Vermont, Vt..
Wiliamette.Or
Wilmlg'n.N.C
Yorktown, Va.
St.
ToUle,
5,061,917
212,0 5
627,817
41,H17
S86
47,864
Vi9,'929
371,923
1,699.459
tOO.OSl
M9
02,
2,829,,875
4,761,,553
377 ,441
12' ,843
375,,536
*
10,013, ,S92 41,,819.707!
52,241, 6ni 45,,758,689;
382,1531
4.721,,578
2,854,;55'
,505,18»
00.885
481, 194
9,663,,323
;558.056
1,770,,332
,6S,422
2.088,,939
531,441
59,,471
537,,344
,623,359
394,,132
989,,844
624,416
38,,394
J,282,001
).821,833
6.778, 129
364,540, 147
1,9 10,844
+39.189
2,229,.960
,728,667
48,,809
166,,988
,000.898
1,920,,239
,573,329
2.934,,046
,558,604
,034,261
32,039,,134
1,867, 945
,703,978
33.680,,3o5
024,933
2.S1,,409
198,330
2.586,,307
4.569,,001
,179.808
325,1.082
249,604
li\ 321
,138.018
64. 608
,164,049
37.554,584
48,477,198
382,380
1,4(>],408
10,807,621
1,006,717
4.006,962
2,376,498
10.726,137
725,598
2,105,503
56.045,815
260,605,365
+57,262
7,146,738
1,S11,555
1,405,383
1,19c. 777
28,152.876
2,144,3«5
28,8:il,9S2
11,754,584
1.400.311
4,763,474
3,278,004
4,376.094
(In-
cluding all
otfa'r Plats.) 60,863,9.'>8 7fl,050.005
1887.
1886.
1885.
£
£
S
Oct. 31.
Oct. 31.
excluding 7-daT and
1884.
£
other bills....
Public deposits
Other deposits
24.301,495
34,827.255
24,691,570
25.308,390
3,271.245
3.140.763
22.588.582
23,785,340
2.885,910
25.161.699
4.444,050
22,640,007
Government
12.509 980
14.385.215
14,315,810
Other
Reserve of notes and coin
18,907.859
19.466.154
19,816.113
13,312.678
21,866.839
12,263,132
9,760,819
20,364.627
10,039,882
20,016.937
11,772,543
Co'nand
20,713,013
10,319,409
41=8 P- c
3 P.O.
100 5-168.
3oJJ p, 0.
5 p.e.
secnrltles
securities
bullion...
Reserve to
Bank
4710
liabilities
40H
4 p. 0.
10215-184-
rate
Consols
Clearlng-IIouse return
Messrs. Pixley
p. c.
100,646.00(1
& AbeU
p. c.
4 P.O.
lOlM
99,002,000
92,766,000
100 3-16d.
97,040,000
write as follows on the state of the
bullion markei:
Gold.— A good deiu.aiid for tbo Continent haa .igaln .sprung up. aud the
Bank of Eii.gland has received <)nl.y i£139.000 of the arrivals, which are
£169,000 from Chile, £205,000 from Egypt, £27,000 from West Indies,
£21,000 from South America; total, £422,000.
Silver, after gradually receding to 43^1-, at which price some
amounts changed hands, improved quickly uiion keen inquiry and short
sujiplies, until to-day we are able to quote 43^d. Arrivals are £80,000
from Chile and £139,000 fi-om New York— £219,000. The P. vSi O.
steamer takes £43,000 to Bomb.iy.
Mexican DoU.ars. — Some coin, valued at about £30,000, has arrived
duriug the week.
There is none now offering, and the market is
nominal.
806.693.221 553.050,912
555,2*5,848
Eemalnlng in warehouse October 31, 1886
$29,3,^4,284
Remaining in warehouse Octobe' 31 1887
$28,639,939
' Interior ports to wliioh
merchandise can be transported without
appraisement, under act of Jane 10, 1880.
t Incomplete, in the absence of law providing
the insans of collecting
the statistics of exports to aljicent foreign territory by railroal cars
and oth« r land vehicles.
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 tax. Mr.
Hugh McCalmont, Baron de Sterne, Mr. Russell Sturges,
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 £400,000.
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
London, Saturday, November 12, 1887.
Signs of a healthier condition of trade are multiplyirg between France and England, will cease to e.xist next year,
This -week we have had presented to us some unquestionable owing to the refusal of the Government to renew the conevidence on the subject. The Board of Trade returns for cession. The French Government were disposed to renew for
October prove conclusively that we are doing a better all- a further period of seventeen years, but the British Governround trade, and although we have tothanli the United States ment has decided definitely not to do so, and has already
arranged with the German, Belgium and Dutch governments
for the larger portion of the increase in our exports, greater
animation is apparent as well in our dealings with other quar- for the transmission of messages. The British Government
ters.
Confidence respecting the future is undoubtedly becom- will take over the company's cables at "electricians' value,"
ing stronger, and the belief frequently hitherto
but will pay nothing for good will.
expressed
The fresh capital creations for the week have been
that as the year grew older trade would become more
[From our own correspondent.]
active
noticeable that the
reports from all the leading centres, whether of the textile
manufactures or the hardware industries, although acknowledging the stronger position of trade generally, state that
business has been "quiet," or only about up to the
"average." 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.
is
being verified.
At the same time
it
:
LOCAL.
is
Automatic Accident Insurance Box Company (Llmitedi, £1
shares
R. Bell & Co. (Limited), £5 sh.ares
do
Five per cent debentures
'D. C. Green Compressed All- Forced Draught and Ventilating
Company (Limited), £5 shares
•F. Hooley (Limited), 4 p. ct. debentures
do
£5 preference shares
do
£5 ordinary shares
£60,000
100,000
30,000
75,000
50,000
40,000
30,000
COLONIAL.
New Ze.iland Antimony Company
tal,
£250,000,
first
(Limited),
£1
.shares; capi-
issue
British Broken Hill Proprietary
.'.
.
Company (Limited), £5
£125,000
shares, 1,200.000
*To acquire existing business.
The improvement in our foreign trade during the past four
Vienna advices state that the new Servian loan will be
months has been very decided. The gross value of our
ex. taken up by the German National Bank. The conditions will
ports for the first half of the current year was
£104,29.5,890, or be the issue of 25,000,000 francs rente at 5 per cent interest,
£934,128 more than in the corresponding period of 1886.
For the price of issue being 73 per cent,
the ten months the aggregat-" shipments were
£181,833,615—
October's Board of
returns are not unfavorable, a
Trade
an increase over last year of £4,094,832. That is to say,
the fair expansion being noticed both in the imports and exports.
increase has expanded from £934,138 to £4,094,832,
or by The gain in the former is £1,495,908, and of this £700,301 is
£3,160,694.
This is certainly a satisfactory result, even aftey
on account of raw material for textile manufactures. In cot"
allowing for the reduced volume of business transacted
during ton alone there has been an increase of £1 ,020,638, and some gain
June—the exports for that month falling short of those for
is shown in silk and jute; but wool, flax and hemp all disclose
1886 by £1,31,5,03.5— owing to the jubilee celebrations,
which a falling off. The value of the wheat imported was about
caused some operations to be deferred until July.
Taking the £275,000 less, owing to the contracted receipts from America.
:
NOVEMBBK
26,
THE CHUONICLR
18.'7.J
As regards copper and
tin,
which
of
in spefulative circles of late,
it
much has been said
A quieter businew has been passing
we have received There has been a general sulwidcnce
so
appears that
of the former during October 18,187 tons, against 15,816 tons
and of the latter 46,123 tons, against 87,430 tons in
last year,
1886.
The ten months' importations of all articles show an
excess over 1886 of £9,885,669 of which alwut £3,774,000 is on
account of heavier payments for food and £6,301,408 for raw
Our exports for the
which about £363,OOo
is due to metals and machinery.
The statistics relating to
our iron and steel trade with America compare very favor"
ably, and show that we have still a good customer in the
materials for
manufactures.
textile
month show an increase
United States; but
across the Atlantic.
of £511,378, of
we have
not sent so much machinery
The ten montlis' gross exports exhibit a
gain over last year of £4,090,823.
The following .are tlie totals of the imports and exports during October and the ten months:
^Imporit Foreign^ '- E/porU Brilith <t-. ^Re-txporl$ Foreign^
<t Colonial I'rodtiee.
/rwA Produce, rfe.
it Colonial Md»e, <te.
IXI.
10 Mas.
A
Oct.
5.467,028
5,801,753
B.840,(n7
»
M
.SOP.712,4^8
ISSfl.... 2«."54,81'»
2K3,468,U8
1S,«74.40S
lH.a24.H23
1887.... ,10.5511.307
204.963.817
1,S,73«.20]
17T,7)0,7»3
181,835,815
lOil,
per quarter.
The following shows the imports
of cereal produce into the
United Kingdom during the first ten weeks of the season,
and other items, compared with previous years:
47,(193.13«
40!757!4i3
com
Oxen and
Cows
No.
No.
No.
bulls
SUcep and Iambs
1836.
8,619
7
1887.
7,552
11
61
Wheat -Atlan. ports.cwta. 1.095,228
93ti,967
cwts.
cwts. i.ioa.'iro
cwts.
153,619
cwta.
10,496
cwts.
64,584
cwts.
48,198
Pacific porta
Flour
Bacon
Beef— Salted
Fresh
Hamn
Meat. unenumerat'd.cwt8.
Preserved
cwts.
Pork— Sal ted
cwta.
Bntter
cwts.
Cheese
cwts.
Fish
cwts.
Lard
cwts.
cwts.
Sugar, refined
Copper ore
ReKUhis, Ac
7-0,714
373,066
1,260,162
156,308
18,747
wheat.cwt.
Imports of flour
36,559
FO
636
27,676
9,907
8,517
63,493
1,312
44,191
14,587
14,912
2,677
53,217
1,8,'0
69,671
3,344
183,7; 4
5
506
3,515
Unwrought and partly
wrought
tons.
Cotton, raw
cwts.
245
701,309
141
1,0- 0,735
18,918
3,419
6,580
2,726,790
cwts.
Woodite timber— Hewn. Ids.
Sawn and split
loads.
Clocks
Leather
Sales of homo-grown.
£144,430
165
Total
'
ber
34,28s
20,149
11,48a
139,493
2,713,857
19,273
22,497
21,669
2,9s7,069
138,199
110,830
5,81.=i
90
384
*3,075
12,822
18,488
7,791
25,279
52,989
6,973
89,428
1,927
136,541
2,981
2,392
No.
tons
Woolen fabrics
Worsted fabrics..
yds.
403.200
yds. 3,261,700
."^1,900
Carpets
yds.
Hardware and cutlery
Iron and steel— Pig... tons
'is'.sai
Bar, angle. &c..tons
225
Railroad
tons
Hoops, sheet,*c.tons
Cast and wro't-.tons
2,'>48
remnf tr.tona
7,917
21,060
24.463
Old, for
Tin— Plates
tons
tons
cwts.
tons
un wrought
unwrought
Steel,
Tin,
Lead
211
8.826
24.781
16,188
53,010
f6,639
151,690
12,474
26,676
43,987
1,529
14,531
3,867
4,035
20,962
282.812
100,144
583
2,131
56«,00'J
2,«49,500
64,300
23,901
622
14,751
2,859
339
SOO
403
61
921
1
Stenm-engines
Other kinds of machinery.
Apparel and slops
Haberdashery & millinery
Alkali
cwts.
doz.
Cement
cwts.
Earthenware & porcelain.
Paper— Writing, printing,
&c
cwts.
All other klnd8.cwt8.
Bags and sacks
348,004
25,780
5,265
5,330
46.274
11,499
10.838
lfO,719
2,827
10.756
81,873
247,076
48,059
17,906
473
148
361
764
2,359
1,614
53,721
6,713
Bklnsand furs
Btationery.oth'rthan pap'r
The movements
in precious metals
Illinois
1885.
1886.
To ana from Vntted
10,352„'J92
SOg. 8d.
308. lOd.
318.
3l8,
Id.
Id.
329. Od.
32s. lOd.
I,
Tuet.
I
4378
|
Thutt.
TTed.
^
Fri.
130
130
55 »8
fr.
4313,8
103718
1037,8
81-60
110i«
Central
So^g
SOSg
3138
12114
57%
Pennsylvania
|
'
12978
55 >4
129^8
5579
79%
1
80 la
79 «i
1
31
120'3
.3138
120ifl
31%
120>2
1
'
130
55 12
57I4
57 14
57%
3612
sr.ia
Ill's
|112>4
11213
130
5578
8014
80i«
3m
l-20ia
31 14
I2OI3
57%
36%
:
'
57
36I3
112>«
112^8
^ammtKCiviX wolA pKiscellaueotts Hews
—
«9,45^
21,429
16.278
7,089
National Banks. The following banks have recently been
organized
3,811— The First Nation,al Bank of Ellsworth, Maine. Capital, *50.00O
Andrew P. Wiswi'll, Pre.sldent: Fred. L. Kent, Ca*hier.
3,815— The Merchants' National Bank of Ocala, Fla. Capital, $50,000.
John F. Dunn, President; R. ('. Jelks, ('ashler.
:
9,321
43,961
lo.sai
79.831
1,217
119,925
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 #8,146,7a5 the preceding week and $8,195,716 two weeks previous. The exports
for the week ended November 23 amounted to |6,090,816,
1,561
1,116
61,256
9K,27.i
15?,0<9
1
43^8
Philadelphia & Reading. 36%
New York Central
112»8
1887.
1
1884.
11,790„559
2,992,677
43I5i6 431Bifl 431516
103-'i6 1036,fl 1037ia 103B,8 1037, e
103H 1037,. 10312 1037j8 1031a
80-87>2 80-42ia 80-60 8110
81-70
IIOI4 11038 110% 11013 IIOI2
& St. Paul....
Erie common stock
,731
35,905
72,300
against $6,792,584 last week and $5,940,556 two weeks previThe following are the imports at New York for the
1,211
ous.
64,3(6
20,840
4,617
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
25,4(12
;
331,600
90,138
3.116
:
FOREIGN IMPORTS AT NEW TOKK.
13
2,475
44.727
For Week.
1884.
1887
1886.
1885.
I
13, .^00
Dry Goods
K^,0S8
70,03t
7,161
35,714
87,073
$1..559,827
Gen'lmer'diee..
Total
Since Jart.
j«l,241,107
$1,867,747;
5,153,284|
$1,331,193
7,105,110
$8,736,303
5,311,938
5,731,705
$6,871,765|
$6,975,8121
$7,321,031'
I
I
I
1,
$89,324,799 $104,257,543 «09 438.109
Gen'lmcr'disc.l 283,3(17,595 251,103.764 282,088,743 306 210,732
__^__
.___
Total 46 weeks $386,198,611 $310,428,563 $386,.316,286 $115.618. -^ll
DryGoods
1,261
$102,831,016
'
I
:4,160
52,909
6,871
In our report of the dry goods trade will be found the imports of dry goods for one week later.
The following is a statement of the exports (exclusive ot
specie) from the port of New York to foreign ports for the
week ending November 23 and from January 1 to date
have been as follows:
To and from aU Countries.
d.<
Chic. Mil.
-Value-
bbls.
3d.
3d.
Uon.
Sal.
Consols for money
Consols for account
Fr'ch rentes (In Paris)
U. S. li(!Sof 1891
U. S. 48 of 1907
Canadliin Pacific
39,450
16,955
4,412
8,1"8
2,922
4,716
18.034
19,516
galls.
24,629
24,775
Wool
lbs.
619,000
311,200
Cotton piece goods... yds. 1.816,300 1,993,500
Jute— Yam
lbs.
774,700 1,119,400
Piece goods.. ..yd8.12,443,100 10,838,900
Linen— Yarn
lbs
60,300
145,500
Piece goods.. yds. 5,411,100 5,999,800
Bilk broadstuffs
yds.
20,634
23,251
Other articles of silk only
Articles of silk and other
materials
Horses
Beer and ale
1885.
12,009,600
2,313.486
9,300,081
25.
Silver, per oz
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:
Bait
Spirits
week. 308.
I
119.129
3.331
1886.
OD
21,492.272 23,653,167 25,135,828
1887.
1886.
1885.
1884.
season. 298.
London.
1,777
9.860
1,736,225
21,441
13,350
18,281
- Quanlity1886.
1887,
1886.
10,857,932
3,181,967
7,452,373
Bnallsli Financial ilarkeui— Per OabI*.
The daily closing quotations for securities, &c., at London,
346 are reported by cable as follows for the week ending Novem-
No.
lbs.
1887.
9,903,254
3.816,874
8,829,421
22,519,549
Aver, price wheat
Aver, price wheat
271,173
127,828
666,790
327,744
25,767
138,797
91.823
14.929
145.816
123,686
105
59,162
13,893
33,305
156,220
3,246
75,2-9
150,106
45
12,640
59,.'S62
tone.
tons.
Tallow
£172,014
125
123
109,862
314.544
589,128
278,593
1384.
11,790,559
4,880.086
2,246.815
391,973
742,480
3,820,108
2,992,677
1):
Iraportfl of
Talue.1886.
1887,
.
.
1885.
12,000,600
8,283,174
2,688,467
379,888
774,985
575,206
428,880
,'5,175,195
1,361,277
5,466,3,57
3,816,871
3,181,967
2,313,186
Supplies available for consumption (exclusive of stocks
Indian
Flour
returns
Qitanttty.
1886,
10,857,932
5,311,113
3,350,979
307,731
501,428
Beans
8U .157
The following shows the imports from the United States September
during October, so far as enumerated in the Board of Trade
,
1887,
9,903,251
3,105,338
2,915,765
cwt.
Barley
oats .••>>>>.>>..
Peas
10 Mot.
48
in the grain trade
of the (lemand, and
although no actual recession in viihies can be reporte<l, the
flrmness has been less decided, and the advantage nas, if anything, rested with the buyers. The present weMneM is, however, looked upon as temporary, a return of flrmncs being
anticipated. The average price realized for home-grown wheat
for the w(?(>k ended Nov. 5 was 30b. 8d. per quarter.
So far
this season the jirice has ranged from 888. 5d. to BOs. 8d., and
current prices, therefore, though still very low, are Is. lOd.
per quarter above the lowt-st point. The average for the season, however, compares unfavorably with last year to th©
extent of Is, 7d, per quarter, being only 298. 8d., against 80«.
Wheat
MM
10 Mo$.
17B,.iaa,729
Oct.
«
1885.... ?fl.0T7.3a7
695
aialet.
1887.
186ft.
1886.
1887.
£
M
£
e
:
£
Imports
Oct
!.1»S,7I8
8«5.443
651,564
1)0
lOmontha. 10.197.101 I«,107,N77i 7,7W),fl76
Bzportffln Oct
1.40H.I54
82n,6'.i3i
aiw.sis
IK)
10 monlliH. 8.5S0,611) 10,4(12,142 7,844,813
In
SILTBR.
Imports In Oct
I>o
10 months.
Bxport.* in Oft
Km
10 m nth«.
«.8«7
I2.7'!S
805,898
8,011,171
19.51101
190,380
EXPORTS PROM NEW YORK.
4.1N3
8.').ra»7
ftatt,*".!!
IS.'^.O.'iO
1.^98,98'
l,73»,l:iU
1881.
6>i5,lB«l
7.S»4,177
'>tt3.i-io
8..1»l.l'IM
410.S"(
»'04.907
it.oaS.ai.
C.3IW,20>
fio7,iM
«,S!78.-ift!
a'-a.Har*
0,44H,,05fl
l<10,n00l
74,8<)t<
19S,8.'C
«,ia3,78I l,4as,i05
50
500,
Sill
2.760
,«IS,m2
«.K7?
S4,-
I
I
Prev. rcporte<t,.
$<;.0<H),<16
$.-),688.429|
$<i,231,173l
$6,163,881
289.771,302' 285,333.788 277,231. ,8H2 26>i.62.H,373
1
'
Total
Ifi
1887.
1886.
188,5.
I
For the week....!
weeks. .f296,2.35,l83 $291,022,217
$283,16.3,3.->5
$271,:i9.189
.
:
.
.
,
1
:
1
THE CHRONICLK
696
The following
Cold.
$13,760
8142,171
30,825
908,101
2,550,813
1,000
2,431,714
559,214
Great Britain
France
Oermany
-
West Indies
Mexico
fiouth America
All other countries.
.
85,348,339
8,444,297
17,331,497
4,606,137
245,i94
14,146
243,.539
2,464
587,687
20,877
$15,440
$246,591
6,500
5,000
1,523
<5reat Britain.
Fi'ance
... .-
Ccrm.my
West Indies
Mexico
8outh America
AH
,
Central
& Hudson
Riveb Railroad— $2,150,-
1,182,0871 12,435,963
listed $25,175,000.
.
&
Pullman Palace Car Company— $3,981,800 additional capstock, making the total amount listed to date $19,909,000.
Imports.
ital
Since Jan.X
Week.
$303,580
8,392,174
873,273
179,381
30,000
222.690
21,358
65,898
74,007
5,2iO
38,889
2,210
182,425
543,194
73,880
221,253
559,747
$289,014
266,779
223,415
$9,828,841
8,921,063
14,261,585
$45,681
195,039
13,873
$1,889,295
1,792,347
1,694.627
otlier countries.
Total 1887..
Total 1886.
Total 1885..
New York
$283,975 $36,575,042
1 415,6601 22,912,907
500
\SinceJan.\-
Week.
&
fol-
Railway—
Minneapolis Sault Ste. Marie
$3,400,000 additional first mortgage 5 per cent 40 yt or gold
bonds, making the total amount listed to date $7,400,000.
Atlantic
000 5 p^r cent coupon debenture ceitificates, making the total
amount listed to date $10,000,000. It w as also ordered that the
New York Central 63 of 1887 be dropped from the list on December 15 next.
.
,.
,
Rio Grind Railroad— $2,600,000 additional
Denver
amount
total
making
the
bonds,
cent
per
4
consolidated
first
Exports.
Silver.
\Sinee Jan.X.
Week.
$14,760 S6,683,338
54,292 37,469,082
6,873,541
178,041
Total 1887..
Total 1886..
Total 1885..
N. T. Stock Exchange— New Securities Listed.—The
lowing securities have been added to the regular list
Imports.
[Since Jan.X.
Week
&
branches, to Sand Beach, Port Austin and Almont.
NEW YORK.
ExporU.
XLV,
Noithwestern Road, subject to ratof the Port Huron
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
pany
specie
shows the exports and imports of
and
for the week ending Nov. 19
periods in
1887, and for the corresponding
table
New York
at the port of
|*nce January 1,
1886 and 1885
EXPORTS AND IMPORTS OF SPECIE AT
[Vol.
1,562
The purpose of this issue of stock is stated to be to enable the
company to provide capital required to meet the cost of additional equipment and for further extensions in the near
future.
_,
Central Iowa Railway.—The Mercantile Trust Company
,
s
receipts for $3,355,000 main line bonds out of a total of
$3,700,000; $581,000 Eastern division bonds, out of a total of
$633,000; $465,000 Illinois division bonds, out of a total of
$613,000, and $3,827,000 consolidated gold bonds, out of a
The bonds, which are to be represented
total of $3,853,000.
by the rtceipts, have already been deposited with the trust
company mentioned. The Governing Committee also ordered
that the common and preferred stock be called hereafter
"first instalment paid," and that the bonds of the old com;
Of the above imports for the week in 1887 $126,894 were
American gold coin and $3,981 American silver com. Of the
gold
exports during the same time $14,643 were American
pany be stricken from the list.
com,
Central Railroad Company of New Jersey.— $14,461,000
In
Statement.—
Monthly
general moitgage 5 per cent 100-year coupon bonds, and
FoEEiON Trade of New York—
Additional
addition to the foregoing tables, made up from weekly returns, $4 816,000 registered bonds of the same issue.
we give the following figures for the full months, also issued amounts up to $31,663,000 are to be abided to the list upon
by our New York Custom House. The first statement covers receipt of certificate from the Central Trust Company that
tne total imports of merchandise.
they have been issued. The issuance of the bonds mentioned
IMPORTS INTO NEW TORK.
reduces the outstanding securities ot the company as follows:
convertible bonds to
Consolidated bonds to $4,201,000
$1,336,000; debenture bonds to $802,000; and New Jersey
The interim bonds will be
Southern bonds to $731,200.
stricken from the list on November 28.
Oregon I'rans-Continental.— Mr. Elijth Smith has resigned
as President, and Mr. Sidney Dillon has been chosen as his
;
1886.
1887.
tfontk.
Qeneral
Drv
General
Dry
Merchan-
OooSi.
Qoodi.
Merchan-
Jannary....
11,159,704
t
9,410,164
23,389,73:
32.799,899
16,798,684
23,748,188
23.022,778
34,907,892
rebmuT
39,822,442!
12,070,425
26.821,316
38,691,741
Msroli
April
9,831,882
31.391,618
41.028,530
12,818,725
28.361,461
39,181.189
8,887,961
83.856,900
41.144,894
8,566,330
28,613,389
37,179,719
M«T
7,806,663
87,620,499
41,041,892
24,775,653
32,464,900
Jane
30.013,838
31,355,197
7,689,337
6,689,605
6,881,571
29,228,619
36,110,190
JniT
10,599,06o| 26,118,808
36.717,668
9,330,756
27,888,788
37,199,524
August
September
14,913,036
29,372,693
44,285,729
14,248,301
24,227,584
33,475,'8I
10,632.560' 25,145,2871 35,977,847
10,024,823
26.273,693
30,297,816
October...
10,263,916' 20,268,493| 39,532,438
8,018,057
28,132,140
36,148,193
.
99,053,889 21^5.495,258 361 549.1
Total... 108.484.204 285,593,627 392,077.831
EXPORTS FBOM
NEW
C
CUSTOMS RECEIPTS.
TORK.
At Ntw
Total tterchanMM.
Tnrk.
Month.
Jannarr
24,476,387
23,723,618
Jannary
11,792,309
10,925,448
Vebmary,...
March.... ..
22,294,833
22,314,321
February....
13,096,217
11,799,732
28,365,160
23,204,081
12,500,233
23,207,963
24,598,455
March
AprU
14,200,782
prU.
Kay
11,420,147
10.434,188
23,776,711
May
10,947,639
9,021,800
June
25.623,035
28,268,431
29,395,320
June
11,816,236
11,879,019
July
27.891,594
29,734,941
July
12,814,817
12,fl05,425
Ansiut
28,374,721
25,837,301
14,826,578
25.338,878
29,547,577
18,826,754
12,938.564
27,972,808
26,065,729
August
September
October ....
15,602,350
fieptember
October....
12,380,666
11,561,389
Total....
.
Total
236,022,088 280,707,775
127,898,947 118,490,371
United States Snb-Tressnry.—The following table shows
the receipts and payments at the Sub-Treasury in this city, as
well as the balances in the same, for each day of the past week:
successor.
Port Royal & Augnsta.—The earnings and expenditures
have been as follows:
for ihe year ending the 30th ult.
Tutal e.iruings
Total expenses
^.iJo'^nf
-'''^"'
Net carninRS
From
wliicli
deduct interest and sinking fund
*o-'§on
di,izu
$5,177
of the road for the year past hav e
been a little in excess ot the average for the last eight years,
bat are not yet sufiieient to pay any interest upon the general
mortgage bonds of the company,
Richmond Fredricltsburg & Potomac—The annual re port for the fiscal year ending September 30, 1887, shows:
Income from transportation. $530,854; income from sleeping
cars, $5,375; income from rents, $1,292; total income, $537,532;
expenses of transportation, $383,886; net earnings, $170,366;
deduct interest on bonds and dividends on guaranteed stock,
$83,369; net profit, $170,336. Out of this profit a dividend ot
3 per cent was paid to common stockhold^ira on July Ist, 1887,
and the board proposes to pay on January Ist, lt88, a dividend
of zQ per cent additional.
Staten Island Rapid Transit.—The annual report of the
Staten Island Rapid Transit Company for the year ending
September 30, 1887, will show: Gross earnings last year,
$778,093; this year, $843,277; operating expenses last year,
$731,136; this year, $618,430; 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, $352.
Sntro Tunnel— 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, and save it from foreclosure. If the elaborate pamphlet of Mr. Sutro is correct (and there seems to be no reason
to doubt its accuracy, nor any difficulty in getting full information) it would eeem to be palpably for the interest of the
Btockholders to pay this assessment and still keep this great
bore for themselves. The earnings are largely increasing;
also 4 per cent bonds at 50 are given for the assessment. Information at the oflSce 128 Produce Exchange,
circular is issued signed by
Wabasli St. Louis & Pacific
Leaving net
The earnings and expenses
A
Balances.
J>ate.
Nov.
"
"
"
"
"
liecelpls.
19
21
22
23
24
25
Total.
775,783
1,402,821
2,049,.559
Paymenlt.
003,522 132,051,842
943,060,131,999,074
1,098,308
076,701il31,931,3.57
706,167 131,420,218
1,168,010
1,009,402 131,306,005
0,494,4871
3,998.912'
Holiday
I
American Cotton Oil Trust— A
Mr.
J.
Coin Cert's] Currency.
Coin.
19,300,4971 10,758,007
20,010,843 10,013,656
21,177,008 10,894,000
22,103,410 10,811,183
22,390,094
10,797,028
circular of the President'
H, Flagler, says that "the trustees have rescinded and
annulled the action of the board taken June 30, 1887, in ordering
that there be divided a sum eqail to $4 upon each share of interest in the trust.
This action was taken after the most
careful consid^ ration, and in the clear conviction upon the
part of the trustees that all interests would be best conserved,
protected and benefitted thereby."
Flint & Pere Marunettc- Fort Huron* Northwestern.—
Ttie purchase by the Flint & Pete Marquette Railway Com-
—A
the bondholders' committee and by the purchasing committee
requesting bondholders to deposit their bonds with the Central
Trust Company under the new plan of reorganiz ition. Sjmo
of the second mortgage divisional bondholders are opposed to
They
the plan and claim that they are not fairly trrated.
will hold a meeting next Wednesday to consult. The ciicular
is given in full in our advertising columns.
Western Maryland.—The Western Maryland Railroad's
gross earnings this year are $706,610, and net earnings $300,-
— —
:
November
.
THE CHRONICLED
91, ISHT.J
prfcf(JIng were
increase of operating expenses |10,800, DuriuK the jf ar 700,040 passengers andf 809,3.'50 tens of freight
The increase of earnlnRB over the joir
813.
$41,872,
were
and
lh(^
New lork
697
City BaakR.—The following Mtementebow8th»
Bank* of New York City for the
oondltion of the Amociated
week ending November
card of Mr. Augustus Floy<J, broker in invesl raeiit
43 Pine Street, appears in the columns of the
Chuonicle to-day, Wr. Floyd (foes no business on margins, but
gives liis persoral attention to d<»aIinRB for investment, ond can
therefore give greater f are to that class of business, Hs is a
friend acd relative of the publishers of the Chronicle, and
they take pleasure in intro(iucing him to their patrons as a
Sarty to whom investment but^iness may wiU and safely be
;uBted.
—Tli9 attention of bankers, brokers
and other parties wish-
ing to keep stocks, bonds or valuables in a safe place is called to
the advertisjment of the Sa'e Deposit Cotnpaiy, 142Rroadway.
This institution is one of the oldest in the United States and
pofsesses all the latest iiuprovements as regards protection,
besides the best of accommodations as regards convenieoce to
customers, the premises having been newly furnished and refitted.
— M< ssrs.
& Co,
amount
the Railrcad Equipment Com-
Pest, Martin
offer for sale a limited
cf the five per cent bonds of
pany, This company was organize d in 1879, since when it
has made 93 car trust issues amounting to |13,381,000, of
which 55 issuf 8 have been paid off in full, leaving outstanding
now 1:4,574,000. The company has always regularly paid
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 Riilway Company due
December 1 will be paid on that day at ihe B..nk of Montreal,
59 Wall Street.
The Ontario Silver Mining Company announces its 138th
interest
—
—
$75,000 (for October), piyable at the transfer
agency of Messrs. Lounsbery <Jfc Co.
dividend of
—
The Homestake Mining Company has declared its 112th
dividecd of 20 cents per shsre, payable at tho tranbfer agency
& Co.
of Messrs. Lounsbery
—The Daly Mining
Oanla.
Loam and
Company has
i action Sales.—The following were sold this week at
auction by M^ ssrs. Adrian H. Muller & Son
Shrref.
Share.
107 Butolicrs' & Dr. Nat. Bk. 101
1,600 Brooklyn City RK. Co
Ins. Co
1.52U
Fire
."JO
Bowery
.115^117
IIOI9
85 Thii'd Ave. RE. Co
225
62 Seeond Ave. RR. Co
162i2®16258
Oil
Tr.
200 EiY'hth Ave. RR. Co.... 160
50 Standard
85N. Y. Coiisol. GasCo.... 75%
20 (?len Cove Stanli Co
106
5(20,000 Eighth Ave. ER. Co.,
25 Mailison Square Bank... 100
6s, c;ert. of Indebt'n's.lOTis & tut.
20 Ninth Ave. RR. Co
108'4 $1,000 Ban. Mans. & Kcwaik
119
55ia
100 Howard Fire Ins. Co
ER. Co., 78, 1909
20 lawyers' Title Ins. Co.,
91,000 Brooklyn aty RE.
.
of N.
Y
112®117
102'-2
Co., 5s
125
Ilauiilton Fire Ins. Co...
MenliRnts'
Meohalilcs'
ll,47O,',<00
Phenlx
8,083.000
City
e.eovoo
TrsdesmaD's
Pulton
Chemical
»,6«7,''00
1,-<97,100
18.t)9>,300
MerohsiilA* Kxch.
UallatlD Natioual.
Bntcliera'
Drov.
»,2ua,2oo
e.S7 1,200
Greenwich
Leather ManuCrs.
1,066,100
».:*i.ioo
1,100,800
3.3-i8,'i00
910,100
330,000
113.000
141,900
619,900
313,600
696.100
Anierlc'u Exoh'ge.
16.466.000
a,0'<6,000
Commerce
Broadway
le.iio.iioo
9.888,800
1,294,900
1,340,700
604,300
1,963 600
643.100
439.600
361,»00
3,464.100
604,700
701,400
286,800
74 0,000
314,900
646,000
781,000
742,700
A
HAChanlvs' A Tr».
l,7«S.ftOO
l.H.-il.OOO
Seventh Ward
SUteof N. Y
Paclflo
8.e60,«00
7.364 ,'J00
3.661.100
7.928,800
4,403.e0O
Peoples'......
l.O'iU.VOO
Mercantile
North America.
9,788,000
10,404.600
2,901,000
a,4U3,600
..
Hanover
Irving
ClUzeug'
-
Nassan ......
Market
•i.SlHMO
......
3,983,310
2,120,000
3,116.000
8.077.100
4,611,600
l,»40,a&v
1H,5« 8,9(0
at Nicholas
A
Leather...
Com Exchange ...
Continental
Oriental
Importers' <t Trad.
edward
Eichange bought
month'y balances
SONS,
York.
walter stanton
coffin.
COFFIN
&,
STANTON,
BANKERS,
11
\r.lI.L
municipal. Railroad, IVater and Gas Bonds.
8ECUKITIE3.
CITY OF TOPEKA, KANSAS,
PER CENT mPROVeiTIENT BOMD«.
ISSUED FOR STREET IMPROVEMENrS.
These bonds, besides being baited on the credit of the city, aro a first
on ail tlieabultiiig property, valued at $6,93-^,000. Assessed
valnntlon of the City, $7,276,234; actual valuation over
$25,000,000; totui ludcbtedncMs, exclusive of tills Issue
lion
9422,900. Population about 40,000.
For further particulars
call
on or address
ORISWOLO A GILLETT,
3
WALL ST., NEW YORK.
3.763.2U0
'hMOO
638.70O
362,600
1,709.000
3, 1 9 1 .100
1,072,(100
3,640.301
1,222.000
3.210.C0O
24 9, « 00
494 600
330.800
128.800
988.800
666.900
214,700
288,300
894.300
173,400
07,000
292,000
314,000
694.600
339.000
l2.3J2.00i)
10,9.18,000
e,0t'2,<0ll
7.61'6,O0O
'^iiioo
4.4n6.>oa
2.0B1.7OO
3.231.600
43,000
l2.O95.'.'0O
46;6o3
40,700
46,000
2 851. COO
3,30 7,4 00
2.8,1
1
.300
3,l!!8.i00
). 930.1 00
434,400
3.296.000
6,333.000
5.089,000
2.024.000
447",306
iii'.wa
38,400
jl.«07,V0O
1,997.500
1,064.600
..
Central Nutional..
7,46e,000
second Niitioijal
Ninth Natioual
678,000
1,215,700
3,561,200
716,300
142,500
3,638,1100
..
4,938,700
20,303.V00
4,668.400
1.305.8OO
2.321.300
First National
Third National....
Bowery...
N. Y. County
German.Anieric'n
Cha.%e National
UnlUidStates
2.d32,100
6.002,400
1,416.200
367,100
141.400
251,600
221.600
86.600
309.900
a,616,li00
734,300
16(i,-00
2,207.400
2,478.a00
159.1)00
178,(.00
l,064.s<00
012,100
FltU NaUonal
B'k of the Metrop.
West Side
),81:<,700
Sixth National
Western National.
2,065.200
1,869,400
7,082,600
T'*«'
r<'!2.1fl«.7ilO
l7, 1.52,600
8,224 000
4.241.000
6,286,300
18,154.000
4,160 500
1.067,400
2,663.100
2,814,500
9,285.900
6.416.900
3,518,900
3,073.100
46,000
'si^ooo
180,000
46,000
39,000
46,000
447,200
s'di'edo
823,800
180,000
'67",5d6
923,'<00
7.n Min
43,100
129,000
186,000
3."364'o65
3,26 J.200
46,000
46,000
138,900
278,700
297,000
2,206.300
1,567,700
4.354.100
2.05U.500
9B.I00
728,400
2.0.>«,I00
5,51^6,500
180,000
32,000
71.710.81" 2l'!2n.-nn 35'i.774,000
8,0365oO
3,17'J.OOO
2.524,600
1,880,000
1.430.200
s.coe.ooo
tiarOeld
123,000
375,000
326,300
1,01,0,200
487,800
370.400
367,400
2,0!«3.200
Fifth Avenue
German Exch*uge.
1
960;soS
46,000
899,400
113,(100
1,936,00,1
3,38i,80o
1,487,000
"iiebd
{36.600
43,000
2,076.800
3,063.600
104.700
Fourth National
90,003
4.6:3.40()
68i(,400
838,600
422,300
288.600
737.700
210.500
370,600
410,000
18'i,<00
44,'20O
"42,606
1,046,500
Hostou Uaak8.—FoUov7ingare the totals of the Boston banks
Loans.
L. T'nders.
Specie.
Deposits.*
Oircuia'n
•
*
8
" 19 13S,431,»0(
2.938.000 106,443,200
3.3K4.400 10!i,l2S,tiO0
3,239.600 105,81 l.OJ(
8.73'2.100
8,987..';00
9,288,000
Loans.
1887,
Agg,Cl*nxs
•
8,408,801
8,282. '.0(
8,07«,40-
Lawful Mon'y Deposits.*
Oircuia'n
$
Nov.
"
5
12
19
86.996,800
87.166,900
87,085,000
99,928,693
02.146.091
90,50l,o7T
23,3Sti,O0O
8S.e09.3OO
fS.656,70O
'.12,870.900
86,»4(<,900
23,674,200
2.315 750
2.3 8 .'30
'2.811,750
Agg.Cl'nts
6P.057.36l
60.344.36 8
70,608,938
'Inolndlng the tCeai "due to o',her banks."
Unlisted Securities.— Quotations from tioth Exchangee:
SECURITIES.
Bid. As>.
Bid. Ask.
SECURITIES.
Am. Bank Note Co
All.
Ifex.
90
Ctiar.— Stock... 85
Ist, 78 ll»Hil20
ifc
A Char. Air L..
At.APac.-latM.O.D.o dOs
Bost.H. T.* West.— Stk.
100 >s
26
99
46
Brooklyn Klev'd— stock..
101^8 105 's
91
98
40
Ciun. dk Sprlngfleid
Coot. Cons. Co. Tr. stock.
Den. * Uio Or. W.— Sfk.
Dul. a. 8hure A At.— Stk.
Edison Electric Light
Fla. R.y. <t
ueorgia
Nav.
Co., ptef.
Pac—Stock
Ist 68
6
3,169,900
l,'-: 06,400
20,40.«,300
114.7(10
1st
Ches.3iO., ser. B.rtcf. scrip
STREET, NEAV YORK,
MONEY ADVANCED ON MARKETABLE
ll,'2OM0O
917.500
00
17,477,'
Cape Fear A Yad.Val.,
NEGOTIATE
State,
'*'•
368,000
1.0-^7,300
16,48'i.OOO
Allan,
^vil.
6,647,1100
126,;i00
344.000
490.300
'is'OOO'
9,f64,900
2,98«,000
376,300
72.300
818.000
861.000
993.00l>
957,'200
4*5,000
9,046.700
Park
North River
••
All stocks and bonds listed on tlio New York Stock
and sold on coiumi.ssion for oasti.
Deposit rtccouQts ro(5elved and interest allowed on
gabject to draft at sight.
Nassau Street,
Man.
10,081,000
0,343,900
l9.-(36.tl00
FOB
33
OmOa-
PUiadelphia Banks.—The totals have been as follows:
INTESTORS.
&
New
890.000
£40,000
esH.MOu
626.000
460.100
141.000
891.000
908.800
66,700
482.000
812.200
449.800
86.600
320.000
1,2V8,100
No. 6 138,815.600
" 12 1S8.617,600
HARVEY FISK
oliur
than U.B.
3.964,800
4,934.300
$
SECURITIES
1.630.roo
9,390,000
918,000
1.167,000
1,661,(00
640,000
1,870.400
344,200
849.000
6.613.300
039.400
10,(80.000
H.806,000
7,1H0.100
8,1 61.000
MkutaHttsuCo
Bboe
ntpoHU
.v<t
•
yf^^ York
1887.
United States Government and other desirable
Leaal
7fndtr$,
apteU.
UitCttunU.
N.Y.Nat.Exch...
declared dividends Ni/S 8
and 9 (175,000) payable by Messrs. Lounsbery & Co,
37
1887:
Averagr iliwraitC 0/-
—The
eecurities,
f
10,
cai riod.
Henderson Briilge—iitock
Kanawha A
M^i
Pitts.
3
6
14
18
U
28
170
'g
M
S3
Vioksb.<ft Meridian
7
8*s
v»
33
7S>t 78
38
80
90
38
1
1
1
103
15
35
40
80
^
>•
i»
Pret
Sdpret
latOs
60
70
6
74
10
23
PanlE.AGr.Tr., 1810s 100
H.AMan Mon.Ex,4s
Sontheru Tel.-l«t
18
Kan. City & Omaha
Istmurt
Kee y Motor
AWest. BR.-3t03»
..V* Tol.
32
A. A. * N. Mich
U.S. Slectric Light
108
3
10
4
Ohio... ......
1st pref
36
100
AlUnUo....
!<t.P.
18
48
97
*
Postal Telegraph— 1st, 68.
Rich. York Kiv. A Cbea..
St.
I'll
Co.
tr. rec.
7"»
8<a
Ist mortgage, tr. rec
40
42
9
Newi>. N. tfe Miss. Vai
11
N. V. M. Un. -lei.— Hlock. 73
....a
North. Pac.— Dlv. bouds.. :oo .....a
Sccan Steam.Co., 1 st guar. 103 105
Pensacola
78
95
10;
NatConstmcfn
Mexican Naiional
1
75
U
BO**
48
Sdmort
H
10
WeatVa. RR.— let. 68... ..... 101
91
94
Western Nat. Bank
WmI N.
Car.-Con. M....
9ft
Martinsbnrg ft Potomac—This road, from the Potomao
River to Martinsburx, W. Va., operated by th« Cumberland
Valley Railroad has been sold at public sale, and knocked
down 10 Mr. Thomas B. Kennedy, of Chambersburg, for
The purchase is supposed to be in the interest of the
$85,000.
Cumbeiland Valley Railroad.
:
IHE CHRONICLE.
698
The following dividends have recently been annoanoed
Name of Company.
Per
When
Cent.
Payable.
Railroads.
& Albany
(quar.)...
CatawlsEa, pref
2
Dec.
312
Sov.
niiscellaneoua
Lehigh Coal
&
Deo.
Navigation.
I.
and 401(a40J.
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day Savannah, buying
:
:
i discount; selling par@4 "premium;
Charleston buying |
discount; selling par; New Orleans, commercial, $1 50 discount; bank, par; St. Louis, 75c. discount; Chicago, 60c.
discount.
The rates of leading bankers are as follows
Books Closed,
(Days inclusive.)
31 Deo.
I
to
Nov. 29 to Dec. 8
November
WALL. STREET, FRID-4Y,
Vol. XLV.
Commercial bills were 4 804(^4 80i;
Cables, 4 86@4 86^.
Continental bills were: Francs, 5 23f@5 241 and 5 21i@
5 21f ; reichmarks, 94i@94J and 95i@'J5J; guilders, 39J@40
^Ix^ gattkiers' (^nzttU.
DIVIDENDS.
Boston
:
Nov. 25, lS8r-5 P. M.
Stxly Days.
25.
Demand.
Prime bankers' sterling bills on London., 4 82 9i Si^t 4 86 94 86>a
4 8034*4 81
Prime commercial
4 S014 ti 8j»»
Documentary commercial
5 ,!4%a5 iS-'k. 5 21''8a5 21«4
Paris (francs)
The Money Market and Financial Situation. -The occur,
rence of Thanksgiving Day put a check oa business this week, Amsterdam (guilders)
4018 l403,s
3918,.ia40
93i8a95i4
94%a94''8
Frankfort or Bremen (relchmarks)
as many parties are out of the market till next Monday.
matehas
not
week
The relatively strong tone developed last
Coins, —The following are quotations in gold for various coins
rially changed, and while prices have not been pushed up Sovereigns
$4 83 ®$4 86 Silver '4s and 'as. — 99%® — ....
— 93 ® — 95
Five francs
Napoleonic
3 83 ® 3 88
further (except in the case of Union Pacific and a few others), X XReiclimarks.. 4 74 ® 4 77 Mexican dollar.^.. -75 ® — 76
00
— 7412 3
Do
uucommerc'l
96
®
4
3
X
Guilders
seems
to
market
the
and
the general tone of confidence remains
— 73143' — 7i'«
Span'h Doubloons. 15 55 S'15 70 Peruvian sols
EujrllsU
silver
4 77 ® 4 83
®15
65
.15
55
Doubloons.
Mex.
condition.
in
healthy
be
a
-73 ®
8.
trade
doUais'
par s^iprem. U.
Fine gold bars
A single press dispatch from Pittsburg this week threw a Fine silver bars. — 95 ® 96 U. S. silver dollars — 99%8 1 00
,
.
States Circuit Court
had entered orders
receivers of three prominent
ing, Jersey Central
railroads
and BuSalo
Dimes
United
It stated that the
side li-;ht on the present situation.
—Philadelphia &
is
Read-
and there is no feature to this market. Prices liave been
and are not changed from those of a week ago.
The closing prices at the N. Y. Board have been as follows:
dull,
Philadelphia.
tion
and the recovery from insolvency to a
steady,
state of financial
soundness on the new basis of reduced liabilities.
The general rains throughout the central Western States,
ported this morning, are calculated to relieve
much
that section of the country, and also to dispi
gard to winter wheat
in
1
Interest Nov.
Periods^ 19.
4'S8. 1891
4'ss. 1891
4s, 1907
48, 1907
re-
distress in
anxiety in
re-
6s,
6s,
6s,
68,
been suffering for lack of moisture.
"We are now within a week of the closing of canal navigation, and on their next five months' traffic the trunk lines will
have their usual opportunity to secure higher rates; there
seeius to be every prospect
of a
good winter
business,
*
at
5J@6
The Bank
of
and we
a loss in specie of £35,000, and the percentage of reserveto
the total surplus being $7,488,000, against $8,587,400 the previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks:
Loans and
1886.
-You. 20.
1885.
Nov. 21.
dlsc'ts. 352,'
68.700
71,71O.b00
8.035.700
353,774.000
Specie
Circulation
Net deposits
Le^al tenders....,
liOgal reserve
Beserveheld
Surplus.
Exchange.
Inc. 231.100 341,>J33..50O339 493.200
Dec. 3,0'JO,900 80,709,700, 93 656,100
Dec.
600
8.020,400; 29, 009,700
Dec. 2,494,800 354,84B.80Oi38l, 106,900
24,2:;0,700 Inc. 1, '367,800 17,932,000 10, ,077.300
38,443,500 Dec. 623.700 88,711, ,700 95,,276.750
95,931,500 Dec. 1,723,100 98,641 ,700122,,666,000
Doc. 1,099,400,
.eoup.iC.-Mar.inoaSa •108 !»( 'loss, -lOSiSs
...reg. C ,-Jan. i*li63a •12H3« -12638 '12638
.
&
is
;
J
d
i
&
This
Nov
24
*123i.2*123'3*123'«
'1231a *l-^3ia -1251a
•127iai*li7ia '12718
•1291a *12'Ji2 •12918
the price bid at the morulug board
;
no sale w.*s
.^
C
.-,
;
;
Nov.
25.
•10713
•10858
•12638
•12038
•1211a
'1231a
'1251a
•1271a
•1291a
m .da.
Prices are generally steady.
Railroad and Miscellaneous Stocks.^Business was interrupttd 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 dealA slight reactionary tendency prevailed during part of
ings.
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 verv fair resistance to these influences has been offered, however, 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
On the whole, the
not been averse to a temporary reaction.
changed from
not materially
tone of speculation has
the previous week, though the buoyancy of that week's
There is not much news calmarket has been wanting.
culated to affect prices either way, and the fluctuations have
been largely due to the temper of local speculation and to the
was 48-23, against 47-72 last week; the discount
rate remains unchanged at 4 per cent.
The Bank of France
gained 4,52-5,000 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,
liabilities
~
23.
Railroad bonds have sympathized with the stock market and
have been somewhat irregular during the week. There has
been some appearance of weakness at times, though no declines
of importance have occurred, and as a rule bonds have been
The demand has somewhat fallen off, however,
well held.
and a few classes have had a tendency to sag a little. On the
other hand some have been firm, while a few have been quite
No special activity in any particular class has been
strong.
noticed, and on the whole a quiet but generally healthy tone
is apparent, while the fluctuations have, as a rule, been narrow.
percent.
Diffr'n&s ffn
'
Prev. Week.
Nov.
2i
..reg JQ.-MaT.,*107»a >107i2*10?ifl'-107'fl
J.|n23i3
cur'cy, '96. ...reg.ij.
cur'cy, '97. ...reg.,.I. & J. '12312
cur'cy, '98. ...reg.lj. &. J. •1271a
J.,*129is
cur'cy. '99. ...reg J.
actions.
we
England weekly statement on Thursday showed
1887.
Xov. 19.
Noo.
21.
Stale and Railroad Bonds.— Very little business has been
done in State bonds, and few classes have shared in the trans-
had during the quarter ending Sept. 30.
The open market rates for call loans durmg tne 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
Nov.
coup. !Q. -Jan. 126% IW-<A 12»%*12638
68, cur'cy,'95. ...reg.ljr. ii J.l«121'i *121ili*i21ia*12l's
those important States which have
ouijht to see a better ratio of net to gross earnings than
par.
*
the fortunate conclusion of defaults and litigation continued for a long time past, and it marks the era of rehabilita-
This
.
H dimes. — 99>a®
Now demonetized.
United States Bonds.— Government bonds have been very
for the discharge of the
New York &
&.
9,930.000| 27,389,!dO
—
Sterling exchange has been somewhat irregular
tone during the past week.
In 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 88 advanced their rates
ic. to correspond with the rates of others.
These conditio ns
did not continue, however, as the demand fell off and there
-was considerable pressure from security bills, which
caused
in
I
,
some weakness
in actual rates and a marking down of ^c
in
posted rates by some drawers. Posted rates to-day are 4 82
82i and 4 96mH.
To-day the rates on actual business were as follows, viz
Bankers' 60 days' sterling, 4 814(^4
81i; demand, 4 854(^4
.
a
•
85i.
changes of certain stocks under special influences.
Of these special features the Pacific stocks have beeu somewhat prominent, though they did not attract any particular
Union Pacific
attention until the latter part of the week.
started the movement by a ra])id rise from 54 to 574 ou
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 mortgage bonds. Another
feature has been the activity in the Richmond Terminal stocks,
which have been prominent all the week and 8har|)ly advanced
The influence in this case was the report of a
times.
possible change at the election in the board of management
and the ])residency. Wheeling & Lake Eric was also active
and strong at times, though it subseijuently reacted somewhat.
at
I
I
V
.....
Not EMBER
26, 1887.
THE CHRONICLE.
J
8T0CKS-PB1CE8 AT
STOCKS.
Active
RK.
Otintiul Paclflc
Clieottwutke dk Olilo
l>o
1)0
Ohloago Biu-UnKton
OtUoago Milwaukee
Ills
54's
SS>4
70>4
l8t pref.
2<l i>rel
•31^
78>a
70>4
32'.j
32
3V,
5»8
3>s
3^
St. Paul.
77 'i!
pref.
114'i)
13211)
Do
pref. '143
l)o
pref.
Paul MIn.
A
iO
I
3H
eh
3>a
133
7S
j
76-'8
114% 114
nils
Oui
116%ll6as
.
4II4
4178
Do
East Tennessee Va.
Do
Do
55
2«>'a
4
<fc
St.
Paul.
Illinois Ceuiral
117
Ind. Bloom. & West., ass.pd..
Kingston oi Pembroke
&
'15i«
341,
1614
Westi^rn
do
47%
pref.
Lake Shore & Mloh. Southern.
Long I.sland
95'8
LoulsrilleA Nashville
Lottls. Now Alb. i Chicago...
Hanhattan Elevated, consol..
Memplil.1 A Charleston
Mlehigaii Central
HU. Lake Shore & West
Do
ClnneapoUs
Do
&
I
I
St. IjOuIs
pret.i
Mew York & New England...
New York Ontario & West
Now Y'ork Suaq. & Western. ..
Do
pref.
&
6l°ij
62 14;
!
89T8
87
108
87
108
'10
•23
24
10%
1608
958
10
32
32%
*16l4
4278
Western
17
i
'91%
61%
•87
pref
1st pref
73
113
115
*65
(>6
A Duluth
90
10
23
10
Pacitto .Mall
Phlladelimia Co., Nat. Gas
Pullman Palace Car Co
Western ijnion Telegraph
Express Stocks.
Adams
Onlted States
Wells, Fargo iCo
inactlTe Stocks.
Tel. & Cable Co
& Minnesota
Alton
Cinciu. hill. St. Ix)uis i Chio
Cincinnati Wash. & Baltimore.
Do
(
eutral
New York Uick. & Western..
Omaha At .St. l.oul.>i, pref
Oregon Short Line
Pulhuaii Pal. Car Rights
QulcksUvir Mining Co
Do
„
pref..
Elohmoud & AUeghany
»L Louis Alt. * Terre Haute..
Louis Ark. •& Texas
Whitci)rp;istFuelCo
Coluniiius A- Hocking Coal
New Ct iilral Coal
Tennessee Coal & Iron
Various .stocks, ^kc. (Unl
Amer. Cottou Oil Trust
Bt.
PlpeLlne
•
Certificates
iV6%;
15
33
15% 16
15
33
47% 47%
96
96%
92% 92%
61% 62%
62%;
•38
46
103
101
50
10%
.08%!
10
20% "26%
92% 91% 92%
•12
12%
•10
"79% 79
'78
79
80
108% 108% 108^8 10878 109%
19%| 19% 20
187a 19
I
•73
29^8
73
30%
40^8
30%
67%
41%
17
17
67
9%
9^8
•73
75
9%
i
9%
Lowest.
1,
1887.
Blxhast.
21%
70%
27%
61%
90
90
90
367e
73^8
367a
3678
17
I
115
67
•103% 105
109 109
.•
112
114
64% 64%
j
1'
102
105
•o7
'36
73% 74%i
73%
i'>113
144
•8
11
•8
11
140
75
143
110
3%
•5%
•25
9
•35
1678
15
•3%
•6
7
214
214
•25
37
25
9%
6
•25
•35
1«78
33
15
I
30% 30%
•14%
3278
7378
74%1
103
25
17
25
0%
6%
*8
1478
103
25
17
6%
30
26
30
36
9
•35
36
17% 17%
87% 87%
32% 337e
9
87% 87%|
33%
32
39%
Those are the prices bid and asked; no sa.c
34
7,320
1,079
*
*
7
200
140
145
110
68
130
140
109
66
128
•8
74
135
•70
4%
•5%
•14% 15
17
9%
6
1,000
1
140
145
109
66
131
12
140
75
4%
6%
-14% 1478
I
I
2
17
25
25
18
18
9% 10%
6% 6%
9%
6%
29% 29%
10
'«!
35% 40
15% 15%
87% 87%
32
32%
38%
10
387g
87% 87%
33%
'14% 15%
30% 30 7g
32
30% 32
74% 75
317g
I
t
30
67
Sent :o
Sept.
96% Sept.
53% May 19
May 19
20 89
21
106% Nov. 25
54% May 31
34
Aug. 26
79%
32%
89%
Oct. 13 105% Hay 19
Sept. 21 58% Apr. 7
Feb. 8
Sept. 20 115
1,550
2.010 1136 Nov.
90,275,
9
159% May 23
67% June 24
8178 Nov. 17
25!l39%Jau.
4,152
Aug.
B
130106
Sept. 20
110 62
Feh. 17
Aug. 31
June 6
Oct. 14
74% Nov. 18
20,
120
1,6 U|
70
""8!
1.010|
3
100;
20
11%
99%
467 25
410 12
16
19
Nov. 10
Oct.
14,
10,
31
11,649
23%
19i
Oct. llj
July g-
Jan.
3
10% Nov. 19
8%
Jan. 10
35 May 14
11% Feb. 18
45%Jnne 6
26
Feb. 13
87% Nov. 21
60
Aug. 30| 18
21% Sept.
Ez-dlvldeudtu^dprlTi.ege.
10%
Oct. 25 2J5
Oct. 31 45
Oct. 20 22
May 38
Oct. 19 109
Nov. 18 31% July 16
10,100
54
7
May 16
Feb. 19
Jan. 13
Jan. 14
Feb. 9
Jan. 3
Apr. a.
900 85% Nov.
,7..*f.'»iol
Jan.
Aug. 31 104
Sept. 19
7
87g Nov
9
53ll
4% Oct. 12
2,90j,
Oct. 13
400; 23
200
2 Oct. 7
Jan. 8
1,400, 30
65ui 10 Sept. 16
28,6651 22
lOOl
9
19
Oct. 27 155
4% Sept.
"435 200
118% .May 14
76
Sept. 20 137
7% Nov.
130
2001 66
"5361
28% 29
•6
12,470!
76
79% 80%
80
140
74
3
16% Jane IS
68% Jan. 18
64% May 19
86% Apr. 19
43% Apr. 13
0%Jao. 8
i
•93
139%
135
65% Jan.
28% Oct.
30
I
76
8878
73
14
Sept. 20,
14
Nov. 111
0%
1,035
4
Nov. 11 17 Jan. 13
4
4
480|
3 Nov. 11, n%Jan. 20
120 129 ,2,202 1237, Oct. 17ll.5fl May 17
69%
Oct. 17 9.^^
May 18
,7J'»,78%^112,397
114
114
:)5.')110
Oct. 17 127% May 17
111% 112% 27,415 104% Oct. 17 127% June 7
•141% 142%
200 137% Oil 17 1.53% June 7
115
115
1,302 109
Nov. 1 1407g.May 17
^'^ 12% Sept. 21 22 Apr. 23
'iil? ^*1?
40% 40%
300 35 Jan. 27, 52% Apr. 23
40% 41% 4,450 34 Oct. 17 54% May 17
•107%109%|
135 100 Oct.
118% June 7
1,175 47% Oct.
537a 54
68 Apr. 11
26
26
5251 15
Sept.
39% Jan. 11
133% 134% 61,980 123% Oct.
139% June 1
23% 23%|
945 20% Oct.
32% Apr. 14
67% 6778 2,100 6278 Oct.
68% June 4
11
11% 1,480 9% Oct.
17 Jan. 3
•64% 66
1.145 62 Sept. 21 82% Jan. 13
24% 24% 3,360' 18 Oct. 17 32 Jan. 3
91% 91%!
lOO; 80
Sept. 20 100
Anr. 9
'48% 487g
21% Fell. 4 62% May 7
•10
10%,
700l
7% Sept. 21 17 Anr. 7
•115% 117
589;il4 Oct. 18 138 May 28
15
16%
132! 12
Sept. 20 27% Apr.
1
1*33
34
330 -.8% Oct. 17; 47% Aiir. 21
16% 16% 2,879, 13 Sept. 20 24% May 16
46%- 47%. 4,345 39% Oct. IT 61 Apr. 29
„
95% 96% 46,875 89 Oct. 14 98% June 30
•91% 92%
214; 85
Sept. 20 99% May 14
62
62% 37,010 54% Oct. 13 70% Apr. 14
40
40
100; 30% Sept. 20 67% June 11
102% 102%
660 93% Aug. 3116178 Apr. 20
200, 45
Oct. 191 64% Anr.
5
I,9t5 80 Aug. 1 95% May 19
88% 88%
560 66% Jan. 6 94% May 18
108 108
210 98 Jan. 4 119 May 18
10
10
1,175
8% Oct. 14 20% Apr. 2
•22%
320 18% Oct. 14 48% May 31
19% 20% 8,640' 17 Nov. 1 34% Apr. 9
91% 92% 29,242 84% Nov, 1 112 May 19
'9
978 Oct. 15 19% Jan.
8
•78
79%
600 68% Oct. 14 88% Jan. 3
108% 109% 7,768 101% Oct. 14 114% May 19
19% 19%
96.^1 18
Nov. 11 20% Nov. 18
•73
74%
185, 73
Nov. 21, 77 Nov. 17
30
30% 36,840 24% Oct. 14 35% Apr. 12
67
67
1,050! 59
Oct. 13 76
May 23
39% 42% 44,532 34% Oct. 17 66 Mar. 29
16% 16%; 3,310 14% Oct. 13 20% Jan. 3
9% 9%
8i!5;
7% Sept. 20 14 Feb. 14
32
32
1,840; 24% Sept. 21 38% Feb. 14
•15% 17
423 13 Oct. 17 23% Jan. 3
43
43% 6,661' 34% Oct. 15 5578 May 16
2378 24%
3,230 20 Oct. 12 34% July 18
47% 49% 22,695: 41% Oct. 18 63% .May 19
24% 25
20oj 21
Oct. 17 32% Apr. 4
21% 22% 39,580 16 Oct. 13 35% Apr. 7
21% 21% 1,755; 17% Sept. 21 39% May 25
70% 71% 221,050 34 Feb. 1 71% Nov. 16
27% 28% ia9,'.05 20% Sept 21 53 Jan. 17
5,&50l 43
63% 64
Sept. 20 87% Jan. 17
'87
90
22 75 Oct. 18 95 Jan. 17
36% 36%
450 30 Jan. 27 44% May 26
73
73
3,057 61% Fob. 2 84% May 26
114% 114%
20 107 Oct. 13 120 June 2
64% 64%
565 65 Oct. 14 95 June 20
102% 105
10 99 Aug. 2!ll4%May 23
108 108%.
1,405 94% Oct. 17 12078 May 27
27% 2779; 25,730! 20 Feb. 3 35% May 23
57
58% 120.567 44 Oct. 17 63% Hay 18
18
18
5,800 13% Feb. li 22% May 6
32% 32% 6.925 23% Feb. II 38% May 18
487s 49% 21,800j 35 Sept. 21 63% Apr. 18
104% 106% 8,9071
41
41%
1,625
90% 91%! 2,920i
38% 39% 28,050
40%
90%
32% 31% 32%
74% 75% 74% 75%
was made at the Board.
31% 32%;
74% 75
34
38% 39%
76
104%
73
0%Oct
I
•14% 16
•14% 16
•14% 16
30
31% 3078 31% 30% 30%
isted.)
32
4%
7
1478
6
30
9
36
73
215
26
102%
87% 87%
3178
140
109% 109% 108
•65
•65
69
•128 131
130
4
•6%
215
26
25
7379
64% 64%
104% 104%
144
138% 138% •135
74% 74% •72
17% 17%
9% 10%
37
116
!
73
•14%
90
108% 110
10878 109
27% 28
27% 27%
53% 54% 54
57%
18% 18% 18% 18%
3278 33%' 3278 337s
327g 33%
49% 50% 49% 50% 49
4978
74
101
25
e
o
n
"
27% 28%
52% 53%
18% 19
900
l.OW 48%
i
42% 43%,
22% 22%
46% 46%;
•25
19^8
11%
S'*!!"
I
979
31% 31%
16
16%
42% 43%
22% 23%
46% 48%
25%' -24% 25%
20% 1978 21%
21% 2178 22
71% 70% 71%
29% 28% 29%
63%; 63% 64
17
I
•72
34
75
30%
66% 66%;
39% 41
16% 1678
30
31% 32
16
42% 43%
22''a 23%
46% 46^8
25% 25%
1978 20%
22% 22%
70% 71%
27% 28%
61% 61%
73
•25
10
20% 21%
91% 92
I
66% 66%
128% 129
135
50
'
143
110
73
46
103
89% 90%
87% 87%*
'23
145
108% 110
'65
68
123 131
pref.
Harlem
Houston & Texas Central
•48% 4878
U6%
108%/
10
11
65
24%
I
38% 40% 38% 40% 38%
39
76% 76% 76% 76% 76
76
104 104% 104%
104% 104% 105
•40
40
40
41
40
40% 40
90% 90%
90% 90% 90
90% 91
38
39
37% 38% 37% 38% 377$
94
94% 93% 94
139% 139% 139
110% 141% 139% 141
80% 81% 80% 81% 7978 80% 79%
I.'*
i
92
38
76
104
140
American
11
65
24
65
90%
87% 87%
'
I
21
'113
•65
|
Oregon improvement Co
Oregon Railway A Nav. Co. ..
24%;
90
23%
73%
73
.
iniacellaneous Stacks.
r
90
•87
36^8
90
'36% 37%
Do
103% 105
pref
Paul Minneap. & MaDitobai 109
110
Texas A Paoitic, ass. paid
27% 28
Union Pacific
5338 53%
Wab. St. L. & P.,P. Com. repts
18% 19%
Do
33
33%
pref.
Wheeling & I>ake Erie
49% 50%
& Iron
OousolidHted Gas Co
Delaware A Hudson Canal...
62
•38
101
i
26
134% 133% 134%
•91% 93
623g
16
Bt.
Oolorailo Coal
•90
31% 32%
17
43
Borne Watertown Ogdensb'g
Bt. Louis & San Francisco
^ti
26%!
24% 25
44
103
*38
102
1
28
e.'J
1
46%
110
26>4
58% 58=8
11% 11%
93
9%
.
Do
Do
107%
53% 58%
•23%
66% 68%'
4078 42%
16'3 17%
•67% 68%
ife
Mexican
1M7.
Ranee itnoe Jan.
!
15
53% 53%
133<)8
87% 88%
23% 23%
Do
46»8 47%
pref.
Ohio A Mississippi
25% 25%
Oregon i« Trans-Continental
20% 21
Peoria Deiutur
Evaiisviile.
22% 23
Philadelphia i Reading
70% 71%
Blohm'd & WestP'ntTermlnal, 26% 27 14
Do
pref •61% 61%
Cliicaf;o
Shares
1,
I
111% 112
142%
116%
109
109
'107% 108%
41% 42%
pref.
American
Cedar Fal
NovTK.
77% 78%
'6
1
92
Northern Pacific
et Paul
Week,
5ii"
77
7T»8
77% 78%
'113% 114% 114 114
I
53% 53%
|
Do
Friday,
•II
•3%
Xl29 129%
132
IV.'-W 11138lll'«
I
Norfolk
Sales
of tbe
/AN.
1
3
•3%
tl4!tt
lUssouri Kansas & Texas
20% 2138 20%
Ml.HSOun Paii He
92
92% 91%
"12
•10
Mobile d( Ohio
14
Nashv.Chiittanooga&St.I.oal8 •79% 80%
79
New York Central A Hudson. 108% 108 'e 108
New Y. Chlc.iSt.L., new.... 1914 19% 19 14
Do
7478 74'h
73
Istpref.
new York Lake £rle ibWest'ni 30% 30 14 29%
pref..
7914
6%
78
II
11
54% 64%
58% 60
78% 78%
32% 34%
•4814 48
•I014 10%
117 • 116
117% II6I4 l;6>4
161a '15% 16%^ 15% 16
•33
34%
34%
I6I2 "l6% 160^
16
I614
48
47% 4814 47
47%;
9538 95'8
9638,
95% 96%'
92
89%
'
11
59
32>j|
132
I
55
26 >2
•38
43
10114 101 14
pref.
Do
0\
I
Brausvllle & Terre Haute
Fort WorthiDenverClty....
Green Bay Winoua
78
•32
32
3h\ •3
133>8 I33'a 133'8 135
23'8 24 14
243s 24%
58 '8 59.'8
59>9 59I3
ll'e 13
U^s 12
64% 65
'641a 66
25% 25% 241, 25
•90I2 92
'4818 48^8
IOI9 IOI3
10% 10%
pref.
Oa. R'y.
1st prei.
2d pref
Do
I
Wednesday, Tliorwlar,
Nov. 83.
Nov. 2"
I
pref. '108>allO
OlevelandCol.Cln.i ludlanap.
Ooluuilius Uocklrig Val.&Tol.
I>eia ware LuckawauDHJc West
Deuvertk Rio G.,a8ae88m'tpd
jLake Krie
|
142i« 142>9 14214 142
14 141%
115^1 115^' 115
116% 115%
•I414 1513
15
15% 15
41
401a 401a
41
40'a 41»8, 40% 41I4, 40%
144
•40
41 'a
11
•53
5814
I
3 Hi
3 '-J
131!U 13314
ll'Ji.l II2:!»
Chicago Rock Island & Paoillc.
OliliMwo 8t. Louis <k Pittsburg
11><
7&>«
lit
Do
11>4
•53
11'4
54^
64 Hi
59
Uuinuy,
Nurtbwestom
St.
Tuewlay,
Nov, 2J.
68
<Sc
Do
OtUoago
m-
AND SINCE
»«,
1
SlockB.
AtlHlltll'itPnolttO
j(
Monday,
_Nov. 21.
Saturday.
OauHiilan Pacltlo
CaiiuiUt Soiitbern
Oeatrul of New Jersey
ObloaKo
STOCK EXCHANttE FOB WBEE ENDINtt WOV.
HIGHEST AND LOWEST FRICBB.
N. I.
J?o>-'
H99
54%
Apr. 27
Jan. 11
Jan. 14
64% Jan. 3
75% N.w. 17
..
.
.
THE CHRONICLE.
700
"bonds-latest prices of active bonds at
OU>$ing.
Jtailroad Bondt.
N. ¥.
Range since Jan,
Nov. 18 Kov. 25
STOCK EKCHANOE. AND BANtfE SINCE JAN.
Railroad Bond*.
^^
Oen. Iowa-l8t, 7a, '99^ <•<>'>&
1C6?4 104 12 Aug
106
Central of N. J.-lst, 7s, 1890-.
107 1« Jan.
114
Consol. 78, 1899, assent.
113 b. 109 Jan.
113
aasent
Convert. 7s, 1902,
IO5I4 Jan.
Acl)u»t.78,1903.. .....
116 h. 113 b. 83''8 Jan.
Convert, deb. 68, 1908
95 Sept.
Interim bond certificate.. .... 100
Sept.
lll>flb. 109
1909,a8'nt 11^4
Leli. & W.B.,con.7B,
b.
102
99 Jan.
Aiu. Dock * Imp., 5s, 1?21- •• 102 >fl
11313
Feb.
b
116
1898..
68.
Central Pacitic^gold
llli« Feb.
Ban Joaquin Br. 6e, 1900
>«
July
102
100
102
1890...........
Land grant Bs.
107 a 110 Sept,
"98
Ches. & O.— Pur. m. fund 68,
68'
66 Sept.
"b
coup, ofl
6«, gold, ser. B. 1908,
"eii"" 62 Oct.
66
Ezten. coup., 48, 1986
15>9
14 Nov.
14iab
1918
6«, currency,
88 a. 89 a. 89 Nov.
Mort. 6e,1911
103 b. 101 Feb.
103
b.
...
W.-5-68jl911
Oies. O. &8o.
102 b. 101 Oct.
CUcBur. & Nor.-lst, .5s, 1926.
103 ^sb. 102% Nov.
Chic. Burl. & Q.— Deb. 5s, 1913. 103 ?»
92 Oct.
93^s
Denver Divls., 4s, 1922. . ....
9913
94 Sept.
99
36
Ist,
58,
R.,
Coal
Chic. & Ind.
l>. 117
Oct.
1171s
Ch.Mll.& St.F-lst,I.&M.7B,'97 118 b. 125 b. 124 Nov.
b.
....
125
.......
1905...
Con80l.7s,
b.
IIII4
114
Oct.
114 b.
iBt, So. Mln. Div.-e8,1910....
102% Oct.
'21 10378
1031a
XBt, Clil. & Pac.W.Dlv-58,
IOII2
Oct.
100
WlB.&Min. Div.-58, 1921.... 101 >sb. 101 b.
101 Oct.
Terminal 58, 1914..... ........ 102 a.
b.
137
Nov.
136
Chic. 4 N. W.— CouBol. 78, 1915 138 b. IZ8I4I}.
127 Sept.
128%
Gold, 78, 1902........
117
May
Binklng fund 6s, 1929
BInhiiigfnnd 58,1929......... 107 b 107 b. 105% Nov.
107
Nov.
106
106
b.
Binking fund debent. 58, 1933
102iab. 103%a 102% Nov.
26-jear debcnt. 5b, 1909
133
128% Sept.
Chi. K.I. APac— 68, coup. 1917. 13114b.
108 b. 1081a 107 July
Exttn. <k col. 56,1934
b.
119
'30
116 Sept.
llPia
Ch. Bt.P..M.& O.— Consol. 68.
12314b. 122 Oct.
St. Paul A 8. C.-lKl, 6b, 1919 12314
100
b.
98% Jan.
Ch.et.L.A Pitts.— let,con.5B,'o2 98 I
104% Oct.
C. C. C. &Iud.— Gen. 68, 1934.. 105
98
b.
95 Oct.
Col. Coal & Iron— l8t, 68, 1900.. 100
721a
60 Sept.
Col. H. Val. & l"ol.— Con. 5b, '31 72
63%
118%
75%
110
119
Mil. Lfe.Sh.
2d, 68, 1931
fl9isb.
112
l6t,WacoAN.7P,1903
114
2d,contol. M. L. 88,1912
100
Gen.mort. 6s, 1921
65
Jnd.Bl. AW.— lst,pref.,78,1900 110
94
1st, 5-68, 1909
2d, 5-68,1909
75
Eastern Division— 6e, 1921 . .. 93
Incc.nie,68, 1921
23
Int. A Gt.Nor.— Isl, 6s,gold,'19 110
Coupon, 6s, 1909
to
92%
97
Oct.
Oct.
35 b 28
120 b. 118
95 b. 97
lOHkb. 106%
115% 112
113%b. 108
115 b. 113
106 b. 94
55
37
2d Income 88, 1911
Gnlf Col. A San.Fe— 38t,7B, 1909 120
96
Gold, 68, 1923
HendereouBr.Co.— lBt.68. 1931 108
114
H. A Tex. C— iBt M. L. 78
l8t,'We8t.D.,7B,lS91
1
110
91
75
b.
b.
b.
90%
June
Mar.
Juno
75%
Jan.
Jan.
Jan.
Feb.
108% June
107% Mar.
108% Apr.
99
May
121% June
82% June
Apr.
Jan.
86% June
May
10138 Apr.
Jan.
108
104^8 May
95i4May
98% M..y
109% Mar.
Jan.
Jan.
92i4Feb.
109 May
53 May
Aug. 125% Juno
106% June
Oct.
Mar. 110
Sept.
Feb.
119% May
War.
119%May
Feb.
Feb.
Oct.
May
May
79% May
119% Jan.
12414 Feb.
86
70
88
108%
0.
a.
113
103
b
108''8
10514b. 104
46 b.
84%b.
128 b.
104 b.
135 b.
108 %h.
47%a.
84%
128 b.
103 %b.
135 h.
108 b.
ISOigb- 130 b.
60 b
62%
118%b. li8%b
126 b. 126 b.
108
108
10838b. 108
a.
b
11934
112
May
89% Juno
98% May
Aug.
99
Sept.
Sept.
Oct.
112
110
105
36
1
19%
Nov. 113%
Feb. 114
108
34'8 Apr.
Oct.
May
Jan.
Jan.
Apr.
Apr.
Jan.
Apr.
Sept.
60% Mar.
89 Mar.
131
Apr.
Sept.
Aug. 107% Apr
137
May
130% Sept.
106 Mar. llOSs-Tuna
133%
Apr.
127% Oct.
85 Jan. 101% Jlay
99 May
70 Jan.
58 Sept. 80 Apr.
11678 Sept. 123 Jan.
12478 Oct. 128% Apr.
106 Sept. 110 Jan.
106 Sept. 11058 Feb.
77 Apr.
69 Feb.
87 Oct.
96% May
115%
May
107 Aug.
40
93
125
103
1905
1
114
1
Oct.
Aug.
111%
Oct.
Oct.
—
I
1
(
.
.
A
44%
44%
109
109
93
112%b 113
11214b. 113
3.'j
1892... 109
2d mort., 7s, 1897
Gen. Ry. A land gr., 5e, 1931.
St. L. A San Fr.- 68., CI. A,1906
68, Class B, 1906
68. Class C, 1906
Gen'l mort., 6s, 1931
Gen'l mort, 5s, 1931
80. Pac, Mo.— Ist, 68, 1888..
St. Paul M. A M.— Ist, 7b, 1909.
2d, 68, 1909
Ist cons., 6e, 1933
reduced to 4%8
Do
Shenandoah Val.- let, 7e, 1909
Gen'l mort., 6e, 1921
So. Carolina— let, 6s, 1620
2d, 68, 1931
Inc., 68. 1931
80. Pac, Cal.— let, 68, 1905-12
80. Pac., Art.— lat, 6b, 1909-10
So. Pac, N. M.— lat, 6a, 1911.
Tex. A Pac— Inc. A Id gr, 7a. '15
Rio Grande Div.— 6s, 1930...
Gen. mort. Aterm., 68, 1905.
Tol. A.A. AN.M.— lst,6a,1924
Tol.A.A. A Gr.Tr.— let, 6b, 1921
109
91
b.
b.
107
109
li.
b.
89%
123
119
Apr.
Jan.
112% Apr.
111% Apr.
50% May
10278
112
106
May
May
Jan.
104% Apr.
115% June
112
77
115
114
120
117
Feb.
Apr
June
Apr.
Mar.
Apr.
112% May
104% Mar.
108% Apr.
75
116
Apr.
June
11239 June
108 Jan.
Juno
Apr
48
10233
55% Jan,
Sept.
Sept. 115
Jan.
May 114% Mar.
Oct.
99
Jan.
Sept. 115% Jan.
110% Nov. 117 Apr.
112% 110% Nov. 117% Apr.
113% 113%b. 108% Feb. 115 May
100 b. I00%b. 97% Sept. 101% June
10238b, 102%
100 July 104% Jan.
111 b. 110% Jan. 118 Aiir.
115 b 1^5% 112% Oct, 121 Mar.
11633b. l]6%b. 114% Sept. 120% May
98%a, 97%b, 98 Feb. 101% May
b.
95
94 b.
60 b.
14%b.
95
66
97
109
32
95
65
13
14%b.
Sept,
Oct.
May
Seiit
l(.9%b, 108% Ocr,
lll%b. lll%li, 110 Feb.
108 b. 108 b, 105% Jan.
50%
51%
May
May
92% Nov. 109
b.
36%
67%
68
b. 110
60 b,
Nov. 122 Mar.
62
i90
77% Nov. 98 Feb.
90
2 b 64 Jan.
Kent. Ceutr.-Go'.d 48, 1887.... 72I3
102
101 b,
78 July
74 b
KnoxT. AO.— 1st, 6s. gold, 1925 OOigb. 90 b.| 89% Oct. 100 Jan.
73
Tol. Peor. A West— lat, 78, '17
Lal:eBh.-Con.conp.,l8t,7s,1900
125%b.l24 Aug. 129 June Tol. A Ohio Cent.— iBt, 58, 1935 94
94 b,
Con. coup., 2d, 7p, 1903
123iab. 123 b. 122
Oct. 126% May
94%
Tol.8t.L.& Kan. C.-lst,68, 1916 94%
Ixng Isliiud— let, 7e, 1898
117 b. 118%b.' 12058 May 125 Sept. Union Pacitlc-lst, 6s, 1899
116%1),
117
let, concol., 5s, 1931
113 a. 112%a.!ll2%July 115 Feb.
lol b. 101 %b,
Land grant, 78,1887-9
112iS8b. 114 b
Ion. A Naeli.— Coneol., 78, 1898 121
118 b.;il8 Apr. 121% Feb.
Sinking fund, 88.1893
». O. A Mobile— let, 6b, 1930. 109 %b. 109%b.l05 Jan. II314 June
Kan. Pacitlc— l8t,6s, 1895.... 110%b. 113%b
2d, 6s, 1930
95
b.
96 b
99% May
lll%b 112 b
go's Jan.
1st, 6b, 1896
E. H. A N.— l8t, 66, 1919
114 b. 115 b.lll2 July 1178eMay
Denver Div.— 6b, 1899
Geneial, 68, 1930
113 b 111 b.'107 Jan. 114% May
101
101%
let consol, 68, 1919 ..
Trust Dot(]B,6e, 1922
108i2b. 108 b. 104% Jan. 109
May
Oregon 8h. Line - Ist, 68, '22.. 09% 100
10-10,68, 1924
98 Jan. 103 Apr.
"Virginia Mid.— Inc.. 69. 1927,
Lon. N. A. A C h.- let, 6e, 1910. Ill b. 113 a. 109 Jan. 115% May
81 a, 82 a.
Gen'l mort., 5s, 1936
Coneol., gold, t's, 1916
93
62
90 Sept. 99 June Wab. St.L. A Pao.-Gen.,6a, '20 56%
55 1).
Hem. A Cli'leton-6e,goId, 1924 102isb. 102 b. 100 Aug. 107 May
10'.;%b
Chicago Dlvieon- 58, 1910.. 103
Hetro. Elevated.— let, 6s, 1908 117 b. 116% 113 Sept. 120% May
9.i
Wabash- Mortgage, 78, 1909
a.
93%
2d, 68, 1699
lOOijb. 106%b. 106
Sept. 113
Apr.
Tol. A Wab.— Ist, ext.. 7s, '90 112 b. 11114b.
Hexican Cent.— Kew ase. 4b... 70 b,
51
Feb
75% June
Ill
110 b.
let, St. L.Div.. 78,1889.
Irccmie. 38, 1911
22%
22%a. 19% Sept. 27% June
2d, extended, 78. 1893..
95 %b. 93 b.
Mich. Central— Ibt, con., 78. '02 1243eb 124 b. 124 Nov. 131 Apr.
90 b
Con., conv., 7s, 1907
Jdlte'iiPac-let, cons., 68,1920 llOiaa. 10«68l>. 109% Nov. 119 Apr.
Ill b.
Great Weat.-lst, 78, 1888
112%
8d, 78, 1906
116 b. 115 Nov. 126 Apr.
9.T%b. 92 b.
2d, 78, 1893
Pac. of Mo.— let, 6e, 1888
lOl'sb. lOl'sb.'lOOi* Aug. 105 Jan.
St.L.K.C. AN.- R.eAr.,7e,'95. 110%b. 110%b.
2d mort.. 78. 1891
103 b.|105%Julv 110% June
Ii0% 100 '8
West Shore— Guar. .48
Mote— The letter " b" ludlcstea price bid, and "a" price asked all other prices and tue range are from actual aalea.
21
108
81
90
May
2d, 6b, 1936
Ir. Mt.— let, 7e,
St. L.
8878 Jan.
Jan.
91
HI
71
b.
Nov.
Mar.
Mar.
111% May
104% June
100%
76% Nov. 102%
66 Nov. 89%
June
IIOI4 Mar.
IO914 Apr.
135 Jan.
110% Feb.
1 2478 May
127% Jan.
102 Feb.
120
70
8OI4
107 14 Oct.
OhioSouthei-n- lat, 68, 1921. .. 105 b.
102 Feb.
35 b.
31 Sept.
2d,inc.,6B, 1921
98%
Oregon Impr. Co.— lat, 68, 1910 96%
89 Sept.
Jan.
Ore. R.&Nav.Co.— let, 68, 1909 11038b. llOkb. 108
99 b. 99%
Consol., 5s, 1925
99 Aug.
93%
90 Sept.
Oregon A Transoon.- 68, 1922.. 94
Peo.Dec. & Evans.- Ist, 68. '20. lll%a. I12%a 109 Nov
106 b
Evanav. Div 1 st, 6a. 1920.
IO514 Oct.
60 b. 5514 Oct.
Rich A AU.— Ist, 78, 1920. tr. rec 60
Richm. A Dan.— Cone., 68, 1915 112%b.
109 Sept.
Debenture, 68, 1927
106 Feb.
Roch. A Pitts.— lat, 68, 1921... 116 b. 11614b. 114 Feb.
114%b. 114 b. 108 Jan.
Consol., 68, 1922
Rome W. A Ogd.— let, 7e, 1891. 109 n, 109 b 107% Nov.
102 %b. 10231
93 Oct
Consol., extend., 5s, 1922
97%b, 98%
92 Oct.
St Jo. AGd.Isl.- let, 68, 1925
60 a. 45 b. 65 July
2d, Income, 5s, 1925
113 I, 113 Aug.
St.L. Alt.AT.H.— 1st, 78, 1894.
110 a. 110 a. 107 Sept.
2d, M., pref., 78, 1894
103 a. 103 Nov.
2d., M.,1ino.. 78, 1894
42
33 Oct.
Dividend bds, 6e, 1894
98 b. 97 b. 95% Sept.
St. L. Ark. A Tex.— iBt, 68, 1936
120% Sept.
110% Mar.
il37
1115
Highest.
N.Y.SU8.AW.— Deb.,68,'97,cp.oD '91%"' 96'
"b
let ref undine, 5s, 1937
MidlandofN. J.— lat, 68.1910 110% 110%
76%b. 77%
N. O. Paclflc— let, 68, 1920
69% Sept. 86% May
117
North.Pacltlc— l8t,coup.,68, '21 115%
113% Sept. 118% Apr.
98 %b. 100 '8
96ii Oct. 107% Mar.
Gen'l, 2d, coup., 1933
Jamea R. Val.-lst, 69, 1936..
106% Jan. 111 May
100 July 107% June
N. Pao.Ter.Co.— Ist, 68, 1933... 101 %b,
2d, consol., 7e, 1911
Springfleld Div.— 7e,
Jan.
Jan.
56
1887
85%a.
OhioA Miss.- Coneol., 78, 1898. 115%b, 116
105% May
82
78
72%
108
113
107
N.Y.&Har.— Ist, 7s, 1900
N.Y.Chio.ASt.L.— lat, 6b, 1921..
2d mort., 6a, 1923
N.Y. City ANo.- Gen., 68, 1910
N.Y. Elevated— iBt, 78, 1906....
N. Y. Lack. A W.— Ist, 68, 1921.
Construction, 58, 1923
N. Y. Ont. A W.— Ist. 68. 1914..
Jan.
b.
8314
Mobile A Ohio— New, 6», 1927 ..
let. Extension, 6b, 1927
1st pref debentures, 78
Mutual Un. Tele.—S. f., 6b, 1911
Naeh. Ch. & St. L.— let, 78, 1913
N.Y. Central— Extend., 58, 1893
N.Y.C. AH.-lst, cp., 78, 1903
Debenture, 58, 1904
103% June
122% Jan.
130% June
119% June
142
133
70
Consol., 7b, 1904-5-6
Jan.
109
108
LoKest.
.
Feb.
32
100
Gen. gold, 68, 1904
Feb.
Denver & Rio Gr.— l6t,7s, 1900 117isb. 117isb.
78 b.
Oct.
7914
let con. 4s, 1936
75 b. 75 b. 70 Sept.
Den. & R. Gr. W.- Ist, 68, 1911
69%
64
Sept.
69
Aesented
77i«b. 68
Apr.
Den. So. Pi. A Pac— Ist, 7s, '05 77 b.
Sbifib 29
Sept.
Det.Mae.& M.— Ld.gr.3i«e,1911 35
95%
91% Sept.
£.Ten.V.& G. Ry.— Con.,58, '56 9678
Sept.
95
Ellz. Lex.& B. Sandy— 6B, 1902. 97 a
129 Sept.
1920 131 b. 132
Erie- let. consol. gold
112 Oct.
112isb. 115
Long Dock, 7s, 1893
115 Jan.
114 a. 112
Con. 68,1935
101
1969
93% Feb.
lOlifl
».Y.L.E.(SiW— 2dcon. 6b,
84% Oct.
Fund* d coupon, 58, 1969. ..
84
78 Sept.
84
Ft. W. ADenv. C. -let, 68, 1921
10914'). 105
Oct.
Gal.Har.A San.Aut.-let, 6s, '10 109
105 June
110
2d M., 78,1905
WcBt. Divlflou— Ist, 5s, 1931. 94 a. 9312a 91 14 Oct.
Gr'nB.W.ASt.P.— I8t,68,i911 99
Nov.
June
106% May
118% Mar.
Oct.
Jan.
Jan.
116
105
115
81
Nov. 18 Nov. 25
1.
since Jan. 1.
& W.— Ist, 68,
Imp. A Equip.— 6e, 1922
Mo. K.&Tex.—Con., 68,1920...
Consol., 58, 1920
June
118% June
108% June
116
100
116
Range
119% 117% Nov. 123
1921.
115
114 Jan. 121
Michigan Dlv.— Ist, 68, 1924..
Minn. & St. L.— let, 78, 1927.... 132%a. 130 a. 130 Aug. 133
38% June
231a Oct.
W.D. lno.,6s,1910 28 >s
Ati
90 Jan.
8258b. 82'2l). 80% Sept.
Gnar., 4e, 1937
June
i'-VaWd
109
%b,
Sept.
105
104
106>sn,
CaD. Boutli— l8t guar., 5b, 1B0» t'3
92 1>. 87% Sept, 95% Jan.
•„
2d, 58, 1913
80 Aug. 94 May
28
APac—
Closing.
1.
Highest.
Lowell.
XLV.
[Vol.
43
58
56
89
100
70
91
92
114
102
110
i
1
Sept
Sept.
80
Jan.
28% Jan.
115
112
110
July
Apr.
Juno
66% Feb.
78% May
Sept
Jan.
72
100
Oct,
Oct.
Oct.
Oct.
109% June
Jan.
Jan.
Sept
119% Mar.
103% May
Apr.
May
112
Feb,
99% Jan.
9758 June
120
Feb.
10!»% Sept, 115
May
108%
113
99
95
95
75
49
89
Sept.
115
Jan.
Feb.
60% May
104% May
Mar.
Nov 117% Apr.
Nov. 109 Apr.
Oct. 107% Jan.
99 Jan.
Apr.
90 Apr.
Oct.
82
Aug.
110%
Jan.
Jan.
106
96
80
109
97
May
97
117% May
May
May
May
117% May
107 May
116
Nov. 108
99
Oct,
Jan.
93% Nov.
109
I
55
107% Jan.
Mar. 114% July
Jure
Sept, 110438
;
STATE BONDS.
SECURITIES.
Bid.
Alabama—Class A 8 to 5
1906
Clasa B, 58
1906
Class C, 4e
1906
6b, 10'20
1900
JiTkaufas— 68, funded. .1899-1900
7b, Little Rock A Fort Smith, ies
78,
7b,
Memphis A
Little
Aikansae Ceutial
Georgia— 79, gold
lioulsiuna- 7s, cons
Stamped, 48
yirhlgnn
—79..
Rock,
RR
100
108
103
105
10
18
Ies.
Ask.
Missouri- 6s
Ill
105
107
15
lAPO 105
North Carolina— 68, old
Funding act
New
bonds, J.
Chatham
RR
105
108
111
115
1893] 118
JAJ 35
1900l 10
& J. ...1892-1898
,
Special tax. Class 1..
93
Bid.
due 1889 or 1890
Aeylum or Uulversity, due 1892
I'unding
1894-1895
New York— 6s, loan
1892
68, loan
26
24
1890 104
1914 100
91 5r
SECURITIES.
Consolidated 48
69
""
Ask.
108
15
8
10% 12
1910 96
1919 118
98
122
SECURITIES.
Bid.
Rhode l9land-69, cou.. 1893-1894 115
I
A 8k.
5% 7
South Carolina- 6s, non-fund. 1888
Brown consolidated 6s
1893 106 108
60
63
Tennessee- 6e, old
1 892-1898
70
73
C'oiupronilee, 3-4-5-68
1912
1913 100
New settlement— 69
99
1913
58
1913 72% 73
38
48
Virginia- 6s, old
90
6e, con^Dlidated bonde
60
6s, consolidated, 2d seriea
10
11
69. deferred, trnet rec..
—
1
NOTRHBEB
33, 1887.
TH« CHRONICLE.
J
701
BONDS—STOCK EXCHANGE QUDTlTIONS ON FRIDAY OP IMICTITE RAILROAD BONDS.
8KCURITn:8.
Bid.
beci;ritie8.
ABk.
B«y
A Alp. -Ist, 0.... 1913
A Ga.— Ist, 7B...1900
Oet.
Blnkliig fund, 68
Brei'ii Creek -lat gold, 18
of Alabama—
I«t, cons,. gold,0«
1P26
Gils. C. A N.— S.f., deb., 6s. ..1921
iBt niortg., 68
1920
Bfklt.
k
B.
Iflll
1936
B.
•ao
123
106
Oalo-lBCG«, Park B.. 1919
1925
68. (fold
itck'lstered
Bo8t.
11.
A W.—Deb. 58.. .1913
Tun.
Broolilvii tlov.-l8t, «., 6a. ..1924
C.
Tenn. Va.
87%
105
A W.
Erie— Ist, extended, 7s
RiKlstered
A
St. U-lst 7b, (TU . 1027
C. &. Wi'St. - iBt 78 .... 1909
N., Ist 68.1920
Miun.
Oed. Rap. L F.
A
lBt58
Bnff.
N.Y A Phll.-Cons.
1921
106
00
68... 1921
38
Trust certlfloates
Gencnil 6b,
Evans.
1924
65
CoiiK. sold bonds
Cent. KR. A Hnnking Co., Ga.,
Colliit«ral Rolil, 58
1937
Clice.
O.— 6s. sold, Bor. A. ..1908
Chcs. O.
So. West.—2d 6s. ..1911
Chicn»to
Alton— Ist, 78
1893
A
99
91
98
A
A
115
BlnklUK fund, 6s
1903 123
Louis. A Mo. River— iBt 7s.. 1900 •119
2d 78
1900 '116
Bt. I.. Jackp.A Chic— Ist, 7b. 1894 •llSM
l8t, RHiir. (564), 7b
1894 113%
2d mortjT. (360), 78
1898 115
2d, miar. (188), 78
1898 115
Mis.'*. R. BridKe— 1st, s.f. 68.1912 .1051a
Ohio. KurlluR. A Q.— Cons. 78.1903 ISiij
68, sinkinK fund
1901
Iowa Div.- Sink, fund, 58.. 1919
86
Binkiugfuud, 48
1919
Plain, 4s:
1921
Nebraska Exlcntirn 48
98
1M27
Chlf. Burl. A No.-Deb. 6s.... 1896
Chi. R. Isl. A Pac— 68, coup.. 1917 isi'
131
Befifistered
Ext. A Col.,
5s
R>gist«red
Des Moines A Fort
1934 108 la
125
119
Ist, 68,
117
118
1031s
g.l933
•
116
62
107
94
109
•111
•114
Registered
2d Div., 78. ..1894
85
Ccd. Falls A Minn.— Ist, 78.1907
Indianap. D. A Snr.—
Ist, 7a, ex. fund, conjion
1906 100
Lake Erie A W'n-Ist, g., 5a. .19:: 103
Lake Shore A Mich. 80.—
961a
Cleve. P. A A.— 78
1892 109
Buff. A Er.— New bonds, 7s. 1898 117
97
Kal. A W. Pigeon— 1st, 7s. ..1890 105
Det. M. A T.— 1st. 7s
1906 1201a
Lake Shore— Div. bonds, 7e. 1899 118
Consol., reg., Ist, 78
1900 I2414
Consol., reg., 2d, 7s
1903 119
C—
D.— l8t,4s.l905
1905
ImV. a We8t.-Conv. 78.1892 113
114
1907 13II3 136
Mortgage, 78
A
Y.— l8t,78.1906 13U
Morris A Essex— Ist, 78
1914 139
N.
1311a
Spok.
Bt.
A
Paul
—
*
No
price Friday
;
thCEc are lateat quotations
made
tills
week.
Francisco—
Pierce C.
A
Equipment, 7a
Kan. Cltv A 8.- 1st,
C—
'
—
Bt. L.
Alton
Bt.
A Ter. Haute—
A 80. 111.— Ist, 88.
A Car.— 1st, 68
Bellev.
Bellev.
Paul Minn.
A Man.—
Dakota Exten.—68
Min's
Un.— l8t,
6s
120
..1896
nil*
1923
1910 1151a
1922 110
St. Paul A Duluth— 1st, 53. ...1931
Sodus Bay A So.— Ist, 5a, g...l924
Tex. Central-lst, s. t, 7«
1909 70
65
1st mortg. 7s
1911
Tex. AN. O.— Ist, 78
1905 112
100
Sabine Division, Ist, 68
1912
Valley Ry Co. of O.-Con. 6s. 1921
Wab.St.L A Pac- Hav. Div.-6a.'10
Indianapolis Dlv.—6s
1921
Detroit Div.— 68
1921 1071a
Cairo Div.— 58
1931
Tol. A Wab.-Equip. bd8.,7sl883
Quin. A Tol.— Ist, 78
1890
Han. A Naples— 1st, 78
1909
lU. A So.Iowa— l8t,ei.68.1912 100
K. C.
St. L.
116>a 117
103
Ellj.City A Nor.-2d Ino
1970
lud'ap. Dec A Spr.— 2d inc.. 1906
Trust receipts
__
Ix)h.
WllkesD. Coal
1888
Mllw. Lake 8h. A W.— Income
Mobile A Ohio— 2d pref. deben....
3d
99
111
105
114
96
101
116
104
118
871a
7814]
78 Is
ioi%
109
108
1919
A
lOlia
•Id's
80
lie"
A N.—
Clarinda Br.-Os
Bt.Cbarles Br'ge— l8t,6s.l908 100
No. Missouri- Ist, 78
1895 114
Wab. Bt. L. A Pac— Iowa Dlv., 6s
West. Union TcL—Coup. 7s.. .1900
117
Registered
N. W. Telegraph—78
1904 110
93
Wheeling A L. E., Ist M. 5s. .1926
Manhat. Beach Imp. Co.— 78.1909
Teim. C. I.A R'y.— Consol., 63. 1901
South Pitts.- Ist, 68
1902
82
Bir. Div.— 1st con. 68
1917
Col. A Hock. Coal A I.— 6s, g..l9I7
Iiicoiuo itoiids.
(Interest payable ij earned.)
Atl. A Pac— Cen. Div
100
1922
l0t% Cent. Iowa— Coup. debtoertTa
Dividend extended
Pal.-l8t, 8. fd., 68.1936
A N. P.— Gen., 6b.. 1923
112
Registered
2d, 7s
Helena A Red M'n—l8t,g.,68.1937
1891 109 llOis
Uonns, 7s
Dul. A Manitoba— iBt.g. 68.1936
1900 116
78 of 1871
UcL B.Vttl. A Butte, 1st, 08.1937
;i;.iooi 123
Ist, COD., guar., 7s
Drummond A P'bg let, 5s 1937
1915 I36I4 136%
Del A Hud. Canal— Ist, 7s.. .1891 109
N. O. A No. E.-Pr. 1., g., 68 ..1915
1st, ext., 78
New Or. A Gulf -1st, 8b
1920
1891 107
Coupon, 7s,
Norf. A W.— Gen., 6s
1894 1141s
1931
Registered, 78
114
Rlvor-lst,
6s
New
1932
1894
Pa. lMv..coup.,79,
Imp. A Ext., 68
1934
1917 138
R'gistercd
138
Atljustment M., 78
1924
Albauy A Susiiue.— Ist, 78..'l888 1031s 104
Ogd. A Lake Ch.-lst, 6b
1920
1st, cons., guar., 7s
Ohio A Miss.—Cons., B.f., 78. .1898
1006 125
Registered
193'2
General 58
let, cons., guar., 68 .... .'.Vio'06 117
11738 Ohio Cent.— 1st T. r. Tr., 68... 1920
Registered
117
Mln. Div.— l8t,68
1921
Bees. A Bar.— l8t, coup.,7s.l92'i 140
Ohio River RR.-l8t, 5a
1930
141
Kegistered
;
139
Omnba A St. L. R'y.— l8t, 4«. 1937
Det.^ack. A Mar.-lst, 08'.'.'."i92i
1921
Orcuon A Cal.— Ist. 68
Bvra. King.
A San
1019 105
1895 109
68, g.l916 105
105
Ft. 8. A V. B. Bg.— ist, 68.1910
120
98
St. L. K.A8o.Wn.-lat, 6a.l916
Tex. A Pac— Ist, 6b
1905
lieia
100
Ist, 68, ex coupon
08
100
Consol., 0», trust receipts. 1005
Pennsylvania RR.—
91
Pa. Co.'s guar. 4>ss, Ist op. .1921 loea^
Pa. Co.'s 418B. reg
1921 105
103
Pitts. C.ASt.L- l8t,op.,7s.l900 117
lU3is
2d, 7s
1913
141%
Pitts. Ft. W. A
iBt, 7b... 1012
13914
2d, 7s
1912
121
3d, 7s
1912 •130
Clev. A P. -Cons., s. fd., 78.1900 •127
108i«
4th, sink. fd.,6s
1892 1071a
114i3'120
121
Bt. L. V. A T. H.— Ist, g., 78.1897
110
2d, 78
1898
122
2d, guar., 78
1898 105 110
Pine Creek Rallwaj-—68 of 1932
Pitts. Cleve. A Tol.— 1st, 6b... 1922 107
Pitts. Junction— 1st, 6,^
1922
Pitts. McK. A Y.— Ist, 68
1932
90
Rich. A Danv.— Deb. ex cp.6s.l927
106
85
Consol. mort., gold, 58
193'7
Atl. A Char.— 1st, pr., 78.. ..1897
Incomes
190O
8718 83%,
Rich. A W. Pt. Ter'L Trust 68. .1897
1221a San Ant.A Arans.— lst,6s,'85-1916
Ol^s
1st, 68, 1880
1926
Scioto Val.— Ist, cons., 78
1910
50
101
Coupons off
St. Louis A Iron Mountain
Arkansas Branch 1st, 78.. 1895 111 113
Cairo A Fulton- 1st, 7s
1891 105 Is
Cairo Ark. A T.— 1st, 78. ...1897 110
Mahon'g. Coal RR.— ls% 58.1934 101
871* Long Isl.and RR.—
60
N. Y. A M. Beach— Ist, 78.. 1897
Extension, 4s
N. Y. B. A M. B.— Ist, g., 58.1935
Keok. A Des M.— 1st, 58 ....1923 108 i09' Louisville A Nashville—
Crntral of N. J.—
CeoiUan Brancn— 7s
1907 105
Central mortf;., Ss
1P8T
891s 9988
Pensacola Div.— 6s
1920 100
Chic. Milw.A St.P.- l8t,88,P.D.'98 127
Bt. Louis Div.— 1st, 68
1921 lOSis
2d, 7 3-lOs, P. D
2d 38
1980 55
1898 *119
1st, 78, $g., R. D
127
130
Nasliv. Abecatui>-is't,'7s..l900 1181a
1902
Ist, Xji Crosse Division, 78. .1893 1161a 117%
8. A N. Ala.— S. f., 08
1910
Ist, I. AD., 78
Louisv. C. A L.— 68
1899 118
1931
Ist, C. AM., 78
1903 125 128
5 p. c. 50 year gold bds
1937 99
Ist, 78, I. A D. Ext
95
126
19081 125
Pens. A At.— Ist, 68, gold.. 1921
1st, S. W. Div., 68
Lou. N. O. A Tex.— lst,48.... 1934
1909. 112
l8t, 5s, La C. A Dav
1041s
2d mort., 58
1919
1934
l8t, H. A D., 78
1910 122 122i2i Mexican Central— Ist, 78
1911
1st, H. & D., 58
99
1910
Ex coupons 6, 7, 8
Chicago A Pacific Dlv., 68. .1910 119
Mich. Cent.— 1st, con., 58
1902 106
Cblc. A Mo. Riv. Div., 58 ...1926
99
68
190i<
Mineral Point Div., 5s
Coupon. 58
1910 100 1021a
1931 '104
C. A L. Sup. Div., 5s
Registered, Ss
1921 100
1931
Fargo A South., 68, As8U .. .1924
Jack. Lan. A Sag.—Os
1891 lOlis
Inc.conv. sink, fund 58
Milwauk. A North.— Ist, 6b. ..1910 •110 115
1916
Dakota A Ot. South., 5s
Extension, 68
1913 '107
1916
Chicago A NorthwesternMllw. Lake S. A West.—
Extension bonds—4s
94
Conv. deb., 5s
98
1926 93
1907 * 94
Ext. registered
Ashland Dlv.— Ist, 68
1925 •1141a 117
Escanaba A L. S.— 1st, 68. ..1901
Minn.ASt.L.— I'aEx.— l8t,7s 1909
Dee M. & Minn.— Ist, 7s
2d mortg., 7s
100
1907
1891
lowaMidlaud-lst, 88
Southwest Ext.— 1 8t,78
1900
1910
Peninsula— Ist, eonv., 78
Paclflc Ext.— 1st, 6s
1921
1898 120
Cblc. A Milwaukee-lst, 78.1898 120 |124
Minn. A Pac— Ist mortg. 58. .1936 101
lOlia
Win. A St. P.-2d, 78
Minn. A N. W.— Ist, 5s, gold. .1934 101 lOlis
1907 127iall30
Mil. A Mad.— Ist, 6s
S.StcM.AAtl.—
Minn.
l8t,58..192U
1905
Ott. C. F. A St. P.-lst, 58. .1909
Mo. K. A T.— ConB.,2d, inc.. ..191
Northern 111.- 1st, 5
109
H. A Cent. Mo.— 1st, 7s
106
1910
1890
CI. Col. Cin. A Ind.— Ist, 7s, s.f. '99 118
Mobile A Ohio— Col. tr., 68 ...1892 10^
Consol. 78
118
1.
St. L. A Cairo- 4b, guar
1914
1931
74
Consol. sink, fd., 7s
Morgan's La. A T.— Ist, 6b.. ..1920 10613
1914 1161a'.
Cliic. St. Paul M. A O.—
Isf, 7s
1918
Chic. 8. P. A Minn.— 1st, 68.1918
Nash. Chat. A St. L.—2d. 6b. .1901 1061a 1071a
No. Wisconsin- Ist, 6s
N. Y. Central-6s
1930
1887 10:; =8 103
Chic. A K. lU.— 1st, 8. f., cur.. 1907 111
N.J. June— Guar. Ist, 4B
1986 104 1051a
Consol., 1st, 68
Registered certitlcates
1934 1121s 1131a
Ohic. A W. Ind.-lst, s.f., 6s. .1919 lllia
N. Y. P. A O.—Prior Uen, 68 .. 1895
General mortgage, 6
1932 II4I3 iie' N. Y. A New Eng.— Ist, 78.. ..1905
Chic. A St. Louis— 1st, 68
1st, 6s
1915
1905
On. I.St. L.A Chic— lBt,g.,48 .1936
N. Y. Chic A 8t. Louis—4b.. ..1937
85% 8dia
Registered
Registered
Cin. Jack. AMac— l8t,g.,58...1936
73i» 76
N.Y. Susq.AWest.— 2d, 4I38...I937
Col. A Green.— Ist, 6e
N. Y. N. H. A H.-lst, reg. 4s.l903
1916
„2<l,6s
N.Y.Tex. A Mex.-lst, 48 ...1912
1926
Col. A Cin. Midland— Ist, 68. .1914
Northern PaclHc— Dividend scrip.. 103
Del.
St. I,oulB
1st, 6s,
951s
117
108>s
1st, 2125
103
Mort bond. 6b
19.36
West. Paclttc— Bonds. 6a. ...1899 112>e
No. Railway (Cal.)-l8t, 6a. 1907 1I7>« iV»"
Union Pac-lat, 68
1896 lll>a 115<s
l8t, 68
1897 115 llSi*
1st, 6s
1898 1151a llG>a
Col. Tnist, 6s
1008 106
95
Col. Trust, 5s
1007
O. Br. U. P.— P. o.,7a
1895 lOm
106
Atoh. Col. A Pac— 1st, 68.1905 101
•«•
Atch. J. Co. A W.— 1st, 68.1905 100
93
95
Ut. Bo.—Gen., 7a
1909
Ezten., 1st, 7a
1900 91
Mlasourl Pad Ho— -»
Vcrd'B V. Ind. AW., 1st, .'58.1'>26
95%
I>er. AC'y Val A. f,.,lst,.58.1026
130
130
'
Dab. AS.
RR-Oent»l Pkolflo—
1805 ll&is
1898 •IIMS
1897 115%
Cal. AOregon-lar, 6a. ...1888 103
CaL A Oregon—8cr. B., 6.1892
Fl't A P. Mani.— Mortg., 68... 1920 11738 119>4
Grand Rap. A Ind.— Gen. 5a.. 1924 90
BeglstemI
Han. A St. Jos.— Cons., 6»
1911
Hous. E. A W. Tex— 1st, 7b. ..1898
Illinois Central- iBt, gold, 48.1951
Ist, gold, 3>s8
19.M
Springf. DlY.— Coup.,..68, . 1898
Middle Div.-Reg., 58
1921
C. St. L. A N. 0.-Tcn.l.,7B.1897
Ist, consol., 78
1897
2d, 68
1907
Gold, 5b, coupon
1951
78
Yi"
Gold bonds, 6s
Gold bonds, 6b
Gold bonds, 68
119
A Indian.— Ist, oonB...1926
Eureka Springs R'y,
22
TriLsl cirtltloatPB
Cen.l'wn— Eaet'nDlv.,l8t,6B 1912
niliiols Division— l8t 68
1912
Panain»-81nk. fcL.snh., 6s...igi0
PeorU Deo. A Ev.-2d, 6»....1027
*P«k U'n-l8t,6a....l921 110
ad M., 419a
1021
70
Paoltlo
1897
1910
1923
1920
1888
1920
1908
1916
681922
Bid.
Peoria
111%
2d, extended, 5a
105
3d, extended, 4iaB
4th, extended, ba
lOSTg
5th, 78
128
Ist, cons., fd. coup., 7»
Rcorg., Ist lien, 68
130
B. N. Y. A E.-lst, 7s
104
N. Y. L. E. A W.-Col. tr.,
110
90
Buff. A S. W.— Mortg. 6b.. ..1908
971a Evan. A T. H.-lst, cons., 68.1921 •117
Mt. Vernon— 1st, 6s
1923
97'^
106
2d, :i-5B
10151 82>8
Burl. (6. Kap. & No.— l»t, 58. 1906 lt6»a 107
Connol. 4 col. tr, 5b
1934
Iowa
10814 110
117i«
1930 105
Divisional 5h
0BCURmE8.
Aak.
Bid.
Knllroiul Buiidg.
(Slock Eirhiwqe Pricei.)
Tup.
ii Hiiii. tV-4HB...in20
Atc\\.
110
100
100
83
25
95
100%
12
13
...•••
56
••••••
......
••••«•
104
25^
dobeuture^
4th i)ref. debentures
pref.
N.Y. L. E. A West.- Inc., 68. .1977
Ohio Cent.-illn. Div.-Iuo.7a.1921
Ogdens. A L. Cham.— Income. 102t
BUeuaudoah Valley— Inc. 6a..l02o
115
•
..MM
Free List.
ObIv'u. H. a li. of 'da. l8t,58..101S • 67
74
Roeh. A Plttsb,— Income
1«21
67
Wab.F'dInt.Bd».— Tol AIll.Div.,7f •100
Lake Erie Wabash A !SI. L.....7^ I'OM •••••«
Ot. Western 18 mortg
7. •100
Illinois
D-
•
A Southern luwa
iir
. K
St l/>Mi.
7r
•
95
00
-•••••
•*-••«
—
...
. ...
..
.
. . . . ..
.
THF CHRONICLE.
702
XLV
[Voi.
Jan. 1
Latest Earnings Reported.
to
Latest Date.
KOASS.
Ittuestttiewt
Weekor
$
2dwk Nov
Lou.N.A.&Chic. 3dwk Nov
345,710
39,624
65,145
6,830
Loui8V.&Na.shv.
Railroad
lutelligeitce.
Louisv.N.O. &T. 3d-wk Nov
Mar. Col. & No October
.
exhibit o,f
The Investors' Supplement contains a complete
oftheStock.^MU
mnded Debt of 8'atej and Cities
Mar.Hough.
md
the
2dwk Nov
2d wk Nov
3d wk Nov
October...
3d wk Nov
(feO.
Memphis ifeChas.
Chronicle
at 50 cents each,
anlto
to
Minn. A-No. West. |2dwk Nov
October ..
Miss. ATenn..
October
Mobile & Ohio
Nash. Ch. A St.L. 'October
August
Nevada Cent
New Brunswick. Septemb'r
N.Y. Cen. AH.R. Octolier...
N.Y. CityANo..;Wk. Oct. 8
.mbsenbers of "in
others at $1
per
.
. .
RAILRO/ D EARNINGS.
Gross Earnings to Latest Dates.— The
toits and the totals from
for all the railroad companies
Jan.
1
latest railroad earrto litest date are given below
from
whom
cN.Y. L. E.
reports can be ob-
AW
Latest Earnings Reported.
KOJIDS.
Week or Mo
Jan. 1
to
Latest Dale
1887.
1887.
1886.
180,959 159,615 1,483,551 1,321,' 1(1
1,061,221 1,672,072 15,295,395 12,724,747
910,319
823,461
124,357 100,186
49,443 2,261,939 1,322.595
51,994
986,129
129,034 123,756 1,063,905
Bait. & Potomac Septemb r
53,977
429,343
62,717
541,658
Septemb r.
Beeeli CTeek .
Allegheny Val
Septemb
.
r.
Atch. T. & 8. Fe. October
Atlanta & (^liar jScptemb r.
Atlantic & Pac. i^d wk Nov
.
.
.
251,589
28,166
48,600 2,508,026
65,500
32,577 1,766,542
39,920
71,559 2,472,779
71,781
14,621
662,334
16,021
.V:
24,474 1,246,311
34,261
62,504
59,677
572,782
ICamden & Atl'e Septemb r
Canadian Paeilic! 3d wk Nov 292,000 247,000 10,039,468
24,231
222,992
29,132
Cp.F'r &Yad.Val|October
43,484
54,483
Carolina Cent.. |Septemb'r
138.371 135,136 5,376,446
Central of Ga...!2dwk Nov
128,978 1.33,365 1,079,977
Octolier
Central Iowa
Septemb'r 1,042,420 1,095,.503 8,626,374
Central of N. J
1,161,8.50 8,516,688
1,383,842
Aueust.
Central Paclilc
10,115
8,013
Central ol S. C. Bcptcmb'r.
34,956
38,508
362,011
Charlest'n A-Sav Septemb'r.
7,740
11,468
Chera-w &Darl Septemb'r.
372,031
413,272
3,688,151
Chesap. & Ohio October
90,074
101,530
894,014
Eliz.Lex.&B.8. October
219,833 181,437 1,586,510
October
Chee.O. &8.
73,964
75,579
493,422
Septemb'r.
Cheshire
6,212
6,539
Septemb'r.
Ches. & Lenoir
817,641 715,166 4,782,572
Chicago & Alton July
47,504
36,244 1,945,520
Chic. & Atlantic 3d wk Nov
173,062
1,786,413
Chic. Burl. ANi Sr]itcnib"r
ptciiili'r
,464,924
20,290,935
Chic. Burl. A- c>
48,879
1,775,340
Chic. & Ea.'Jt. III. 'M wk Nov
353,819
12,369
Chic. & Ind. Coai;!d wk Nov
Chic. Mil.* St.P.iSdwk Nov
Chic. & N'thw'n October
Chic. St.L.iPitts (h-t obcr
BrunsWk AWest Septemb r.
Boff.N.Y. Ar Pbil 3d wk Nov
Biiff.Roeh.i PittiBd wk Nov
Bur.C.Rap.i No.ilst wk Nov
Cliic ,211 wk Nov
Cairo V.
Cal. Scut hem... 2(1 wk Nov
i
.
. .
.
. .
'
wk Nov
Det.Mack.AMar. 2d
E.Tenn.Va.AiGa. 2d
Evans. A Ind'pli.«
Evanev. A T. H
Flint & V. Marq.
Fla.R..SNav.Co.
wk Nov
wk Nov
Ft.W.i; Den.C'lty
Georgia Pacific
Gr. Rap. & Ind
Grand Trunk
Gn.Bay W.ASt.P
.
GulfCol.&S. Fe.
Houa.&Tex.Cen. list
wk Noi
HmneatiiA'Sheiii.ieptemb'r
ni.Ceu. (Ill.kVSiii October.
Cedar F.&Miu.iOctoher.
Dub.&pioux C. October
la. Falls & S. C. October
Ind. Bloom. &\V. 2d wk Nov
.
Ind. III. & Iowa ()etober
Ind. Dec. & Spr October
Ind. ii St. Louis
:d wk Nov
Jack.
T.&K.
\V Septemb'r
K.C.Ft.8..fcGulf. I St wk Nov
Kan. C. 8p. ifeM 1 St wk Nov
Kan. C. CI. A: 8p llstwkNov
.
Kentucky Cent October
Keokuk & West. 4th wk Oci
Klngst'n
&
I'em. 3d wk Nov
.Septemb'r
Knoxv. &Ohio
Lake K. tt West
Lehigli & Hud.
L. Rock * Mem
Long Island
.
.
2d wk No\
October ...
1st wk No\
3dwk No\
IiOUl8'n&Mo. R.iJuly
Ujuls.Ev.
.SiStiL.
2d
wk Nov
1,800,063
50,325
47,.501
2,804
16,549
45,024
1,4-29.624
.
.
,
.
.
.
.
.
,
4,237,494
1,444,683
19,326,863
1,533,341
.
,
So. Pacitlc
Co.—
I
218,811 2,385,558 1,920,582
295,09
C4al.Har.&S.A. Septemb'r.
469.257
57,267
607,836
Septemb'r
72,936
Louls'a West
Morgan's LAT. Septemb'r. 375,759 339,967 2,954,828 2.899.017
111.260
125,200
17,402
18,440i
N. Y. T. & Mcx. Septemb'r.
714.312
89.285!
917.921
109,993
Tex. A N. Orl Septemb'r.
.114.429
871.266 723.771 6.991.423
Atlan'c system Septemb'r.
Pacific system Septemb'r. 2,627,354 ,322.21." lll.:!-<5,3()(i, 17. 214,730
Septemb'r. 3,498,620 3,045,985 20,370,72' 23.329,159
Total of all
So. Pac. RR.—
980,449
168,971
187,827 1,127,580
No. Div. (Cal.) August
494,132 106,2.55 2,671,124 2,079.502
So. Div. (Cal.) August
122,418 110,774 1,087,318 1,020,673
August.
Arizona Div
.
.
.
.
.
August. ...
Septemb'r
Stateii Is.Rap.Tr October
Texas A Pacltic. 2d wk Nov
3dwk Nov
ToLAOhioCent..3dwk Nov
2.'i.414
Tol.A.A.AN.M'h
Tol. P.
A West
Union
2,58'
2 ,643
2d wk Nov
'Septemb'r. 2,743,980
jOctober . .
60,237
. .
Pacific
Valley of Ohio
6,644
71,373
155,738
20,975
28,002
23,061
8,870
101,283
3,816
13,164
41,842
21,277
13,423
24,772
50,382
367,519
33,740
261,689
101,354
17,407
1,138,385
17,168
106,994
79,731
58,448
11,622
40,153
40,948
23,776
49,749
33,560
3.528
92,260
7,469
.
1
.
.
.
.. 2d wk Nov
Wab., E. of Miss October...
IScptemb'r.
tWest Jersey
Wil. Col. A Aug Septemb'r.
Wheeling A L. E. 3d wk Nov
Wiscou.<in (^'ent'l 2d wk N()v
Chic. Wis. A M. 2d wk Nov
Mln. St.C. AW. 2dwk Nov
Penokee Br... 2d wk Nov
2d wk Nov
Wis. A Minn
Wab. Western.
—
. .
t
And branches.
127,013
679,753
135,008
79,434
14, .3.39
51,120
14,203
9,9.53
1,782
6,660
*
451.939
484,776
46,242
.=4,419
.10,104
5,788
693,591
750,566
56,691
161,410 5,105,072 4,924.629
3 2.390
465,105
9,365
716.277
936,721
19,482
824,(r33
754.717
17,551
2,517,793 20,781,843 18,830,058
509,871
543,229
65,734
108,40r 5,698,325 4,805,564
5,763,941
133,'726 1,167,153 1,0' ,141
4'
,316
523,161
55,433
5 7,378
655,036
12,342
31,9(1
1,850,075 1,320,669
5,99.
580,122
245.931
438,387
6,694
'.
5, 09 J
259,085
165,540
Mexican currency.
cNot including earnings of N. Y. Penn. A Ohio.
tNot including Cen. of N. J. in either year.
K Including Ind. & St. Louis.
Latest Gross Earnings by WeelvS.—The latent weekly
earnings in the foregoing table are separately summed up
below.
On the twenty-one roads that have reported for the third
week of November, there is a gain over last year of f 399,899|
or 21-17 per cent.
3d week of Novemoer.
BiiffiiloN.
Y &
Buffalo Roch.
Phila
Canadian Pacltlc
Chicago & Atlantic
Chicago & Ind. Coal
Chicago Mil. A St. PaiU.
Denver A Rio Granrtc...
Kingston A Pembroke
Long Island
51,4'20
Louisv. N. O. A Tex
Mexicnn Central
1
ouisville N. Alb.
MUwaukee L.
1887.
A Pittsburg.
35,765
30,618
20,366
26,-40
51,005
17,164
51,658
7,174
63,361
179,55^
12,r30
.
October..
2d
.
. .
. .
Mid
.
.
New Mcx. Div
A Col.
Clev. A- Canton October...
Clev.Col.C. A: Ind October
Clev. & Marietta 2d wk Nov
Col.Hock. V. <k T. 1 Rt wk Nov
Denv. & Rio Gr 3d wk Nov
Denv. A R. G. W. 2(1 wk Nov
Det.BayC.A-Alp. October.
Det.Lan6'gA.No. 2d wk Nov
468,80.<
.
Spar. Un.
wk Nov
Cin.Rich.iVFt.V>". 2dwk Nov
Cln.Wash.A.Balt.'2d wk Nov
Clev.Akron i^Col 2d wk Nov
Cin.
347,584
$
305,680 13,777,177 12,030,643
37,702 2,021.492 1,657,037
.
Erlanger Syst 2d
&
184,475
4,913.240
1,073,043
7,729,723
7,653,255
I,3(i7,4li7
. .
Col.
8,8S3,41(i
3,307,316
766.S26
Chic.St.P. iitK.c. (Hti.lier...
Chic. St.P.M.i*;". Septemb'r.
"'
"
Chic. & W. Mich.
Cin. Ham. & D.
Ctn.Ind.St.L.&C.
Cin.Jack. cStMac.
Cln. N. O. & T. P. 2d wk Nov
Ala. Gt. South !'2dwk Nov
N. Orl. & N. E 2d wk Nov
Vicksb. <k Mer. 2d wk Nov
Vicks. Sh. & P 2d wk Nov
Coeurd'Alene..
I
606.0S3
500,640
.
.
'
561,(>9
.
. .
W
2,316,444
1,265,809
2,407,419
1886.
1
N.Y'. Pcnn.AO. August...
N.Y. & New Eng. Septemb'r
3d wk Nov
N.Y. Out. & W.
N.Y. Phil.&Norf. Septemb'r.
N.Y'. Sus. AW... October
Norfolk A West 3d wk Nov
N'theastru (S.C.) Septemb'r
Northern Cent'l. Septemb'r
Northern Pacltlc 3d wk Nov
2d wk Nov
OhioAMiss
Ohio River ... j2dwkNov
October
Ohio Southern
Omaha & St. L Septemb'r
Oregon Imp. Co Septemb'r.
Oreg. R. A N. Co. 'Septemb'r.
Pcuiisylvania. .. October..
Penn. Vompativ.]
No. West. sys.. Septemb'r 1,742,095 1,452.805 13,478,102 11,230,602
So. West. sys.. Septemb'r. 1, -274,380 1,145,353 10,338,3"" 8,595,016
14,272
14,835
745,014
699,452
PeoriaDcc.&Ev. 2d wk Nov
294,872
29,494
October ..
Petersburg
339.523 .•157,034 2,971,951 2,697.762
Seiitemb'r.
Phila. A Erie
tPhila. A Uead'g. Septemb'r 1.9(W,612 1,834,114 16.003.531 M, 194.341
Coal A Iron Co. Sei»touib'r. 2,135.081 l,(i48,815 13,.539,282 1(),k78,475
38,568
34,924 1,738,710 1,348,455
Pitts. AWcsfm. 2dwk Nov
222.212
33,164
20,762
235,592
P'rt Royal AAug S(^ptemb'r
8,33"
Cen
August.
Pres.A Ariz.
27,658
'l6,.553
Pt. R'alAW.Car Sciilemb'r
R.AD.Al'sdr'ds 'Jil wk Nov 225,400 209,500 6,796,058 6,303,832
190,409
19 3-2-2
Rich.&Petersbg. October ..
Rome W. A Og Septemb'r. 335!604 293,540 2,356,205 2,096.431
46,580
40,948 1,873,145 1.611,972
TISt.L.Alt &T.H. 2d wk Nov
672,709
819,376
24,040
20,517
Branches
2d wk Nov
48,670 2,218,696 1,470.648
77,671
St.L. Ark.ATex 2d wk Nov
5,4-25,734
4,232,499
St.L.ASauFrau 3(1 wk Nov 169,000 108.111
42.322
34,004 1,456,804' 1,363.092
St.PaulADiduth 2d wk Nov
October.. 1. 061.933 950,057 6,670,120 5,916,664
St.I'.Miu. AM;
(17.11),';
OitolM'l- ..
423,964
S.Ant.AAr.l'ii
496,156
70,447
579,698
Septeiuli'r
77.768
Scioto Valley.
65,C3K
46,067
Seab'rd AKoan. Sejitemb'r
615,286
95.00(1
81,954
742,778
Shenandoah Val October...
774,214
836,438
142,25
101,899
South Carolina Septemli'r.
.
tained.
'.\ugust..
,
S
I
990,168
927.074
49,624
1,458,804 1,182,4.54
106,000
89,1543 4,184,519 3,298,809
143,732 173,056 1.427,453 1,444,260
49,6781
46,101 2,927,060 2.082,927
567.177
14,814
851,333
21,082i
129,7'20
154,625 1,071,273 1,087.670
43.518
13,494 1,254,014
414.914
59,963
62,394
372,572
322,351
2.".7,173
1,6h2.654
234,410 1,971,769
265,024 213,200 2,520,810 1,957.057
3S,5S4
5,097
52,689
8,072
75,186
590,128
589.257
81,407
26,8'20.121
3,534,900 3,190,361 29,810,699
419.243
11,358
12,473
441,6641
1,769,759 1,659,120 13,064,888ill,779,098
604,288 577,317 3,960,721; 3,992.666
411,691 390,772 3,102,700 2,906.645
31,044
24,772 1,384,1331 1,207,324
317,988
43,574
36,623
389,607
909,159
131,409 109,868 1,129,632
87,646 3,691,295 2,8i;7,391
109,942
54,359
43,428
390,078
399,555
452.632 472,945 4,679,189 4,006,834
372,229 296,139 12,116,.539 11,098,732
95,059
86,847 3,625,332 3.381.934
168..594
277,357
10,257
4,530
415,936
61,129
54,993
472,618
36,631
34,632
362,443 286,569 2,9'7i',43i 2.144,741
487,240 556,006 3,591,305 3,769,281
4,989,521 4,737,351 46,043,195 41,603,634
2-2,841
pubMhe' *Me-xican Cent
Bonds of Railroads and otner Companies. It is Januaiy. •Mex. N. (all Ins)
month--mz.,
other
eva-y
Mil.L.Sh.itWest
In the last Saturday of
isft - Milwaukee A- No. j3d wk Nov
March, May. July, Septen her and November, ond
& St. L. Septemb'r
charge to all regular subscribers of t'>( Minneap.
nished without fxtra
Extra copies are sold
Chronicle.
1887.
1886.
1887.
Mol
Sh.
A
A
.
55,500
39,920
292,000
47.504
12,369
593,000
172,000
2,650
58,046
Chic.
.39,624
West.
65,145
106.000
49,078
1886.
Increase.
$
«
48,600
32,577
247,000
36.244
4,570
516,864
155,738
2,587
51,420
37,702
47,501
S9,.5.13
46,101
6,900
7,343
45.000
11,260
7,799-
76,136
16,262
63
6,626
1,922
17,644
16,457
3,577
Decrease.
$
...
November
THE CHRONICLE
26, 1887.J
3d week of \orember.
1897.
Mtlwaukoc ,t Nortliom...
New York Out. A West.
Bt, I,oiii.H,V:
Fran
.8,111
.Villi .\. .V
Tolcild
A-
Wheeling
Increaie.
No. Mich,
Ohio (Viitial
Jk Lnkc Krle....
14 ,814
('.,272
87, ou'i
22,296
296,.139
,090
108 111
(SO,,9h9
0,,3(!5
3.,165
p. o.).
I
34;
300, 808
300, 808
....
For the second week of November the gain
on se vent v-f our roads.
week 0/ Xoteinber.
2rf
1887.
1886.
is
14'64 per cent
Incretue.
9
Prev'ly roiwrt'd (23 roads)
&
Atlttnt i«
2,532,205
51.994
34.261
138.371
48,879
11.593
28.802
Pile iflc
Califonua .Southrni
Ceiitnil of (ieorKia
Clileaifo ii Kast tll.s
Chicago
A
Chic,
West .Michigan
au.
d:
Ind. Coal
St.
Iiiil.
I/.
.
& C
.53.677
C"iucliiiiatlJa(k..t Mack
Cln. N. O. A Te.\a.s Fac...
Alaliaiiia Gt. 8oiitheni
New
8.527
70.916
34.920
16.399
15.638
E ..
Vicksliiiix A Meridian
Vlckshnix Shivv. & Pae.
Orleans
&
X.
21.(!29
W
Cin. Rich. &F.
Cln. Wash. <fc Bait
8.454
49.463
10.171
7.317
8.185
26,000
11,300
114,850
4,001
16.470
49.555
26.428
20.250
33,255
45,573
361,390
54.065
2,725
42,688
21.638
345,710
22,841
49,624
120.300
43,518
95,059
Cleveland Aki-on &Col...
Cleveland & Marietta ....
& Cin. Mid
Rio Or. West
Detroit Mack. & Marq
Col.
Den.
<.fe
.
EastTcim. Va.& Ga
EvansvillcA- lud
H
& T.
Flint & Pere Marquette..
Fla. Rv. .V- Nav
Fort Wcjrtli v^ Deuv. City.
Georgia Paiitlc
Evansville
Grand Itaiiids & Ind
Grand Trank of Canada..
Ind. Bloom, ii West
Kingston A Peiiibroko
Lake Erie ife Westeni
Umisv. Evansv, A St. L..
Louisville
Nashville....
A:
Marquette Hough.
A
& Ont.
Charleston.
Mexican Central
.Meniiihi.-i
Minnesota & Northwest
Ohio it .Mississippi
Ohio River
PeoriaOeo.it Evans
Pittsburg .t Western
Rich,
it I), (ik
.
10.2,57
14,272
38,568
225,400
leased lines).
& T. H. M. Line
& T. H. Brchs
•St. L. Alt,
8t. L. Alt.
Texa.s
.V
46,.580
24.040
Pacilic
179,5.57;
Toledo Peoria & Western.
Wisconsin Central
C.
W.
Minn.
Wis.
&M
St.
&Min
349,956
428
0,914
5.364
'852
702
C.IJCd
.->,093
4,624,832
&. St.
185
3,306
7.713
5,151
6,827
8,483
Chic. St. L.
& Pitts.
.Gross.
Net
Caurd'Alene
..
545,356
130,506
18,034
9,689
425,500
111
12,070
4,474
40,030
6,292
4,600
31,918
30,024
8,212
5,727
$
Jtoadt.
&
A
Phila
Approximate.
.Gross.
Net...
17,211
$
9
$
$
$
$999
1.
^Ocl.
I to
1886-7.
Sept. 30.-.
1885-6.
1887.
1886.
278.420
81,086
238.280 2,716.389
2..598,.569
485,0.52
549,727
37,1,50
Totals
30.
1886.
1887.
$146,630,682
3,469,321
$147,O47.07S
3,448,571
6,607,590
1,470.868
26.058
404.394
9,285
3 120,072
2,ly3,347
6,628,8»4
1,892.65$
37,51T
$163,961,617
Li:MlUier.
$164,059.95*
$89,423,300
56,424,333
107,000
13,355
$89,428,30*
56.424,33$
107,000
9,35»
2,057.75O
925.411
Capital stock
real estate.
and rentals, &o
1.387,412
963.808
2,410,521
1,753,119
11,473,460
$163,961,617
404.394
128,7'tS
^.836,^33
2,534,76$
2,298,H«
1.324,597
1?,385,090
$164,959,954
Baltimore & Ohio Railroad.
('For the year ending Sept. 30, 1887.^
directoj s
4,002
19,154
8.208
3.259
1.507
603,342
676,131
$^,147..5<>(
At the annual meeting held
18,14'
Gross.
278.420 238,280 2,085,,526 1.942.360
372.020
444.806
81.086
37,156
Net..
Burl. C. R. ANo.... .Gross.
2(>9.002
297,853 2,081,.330 2.019,(!50
486,017
Net...
74,6,56
104,411
453,931
Chic. Mllw. & St. P. .Gross. 2.3.59.624 2.553.971 17,407.478 17.200,172
Net . 1,026.569 1.251,828 6,136,308 6.380,858
429,368
Wheeling JtL.E.... .Gross.
53.270
.544,295
64.045
156,8.13
92,404
Net...
18.826
15.515
Buff. N. Y.
$l.5ff0,37»
Totils
Phil..
K'jatfs.
$1,072,967
563
3,644
15,900
5,632
3,523
^-Jav. 1 to Oel. 31.->
1887.
1886.
,
$703,399
Interest .accrued
465,637 4,775,684 3,036,689
6'4«,086
111,884 1,248,010
Sei'iember.
3,577, 1S«
.'$1,018,303
Dividends declared and unpaid
Due for wagi 8. supplies, &o
Due other roads
Surplus balance
1.
YEAR BEGINNING OCTOBER
3,577.132
Past due bonds
,
Buir. N. Y.
$4.6.50,099
qr.)
Funded debt
Bonds and luortga.ces on
Grogs.
Net...
Mexican Central.. .Gross.
316.053 3,859,719 3,036,824
993,173
Net...
1.59.500
149,036 1,657,886
Pennsylvania
.Gross 4,989,521 4,737,351 46,043,195 41,603,634
Net... 1,722,088 1,862,747 15,846,643 14,834.570
Petcrslmrg
294,872
Gross.
29.494
Net...
17,582
Rich. & Petersburg. .Gross.
100,409
19.322
Net...
10,052
.-Jan.
1 to Sept. 30.—
September.
1886.
1886.
1887.
1887.
.
$1,597,682
894,283
0.
Cash on hand
4,809
6,120
4,383
$
$
$1,912,986
891,283
Div. pd., (1 p.
*c
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
1887,
1,
the other tables showing those roa<:ls separately whose fiscal
years begin at other dates than January 1.
Boo<f».
Balance
Supplies on hand
Harlem eonstiuctlon account
Harlem e((ulpment account.
West Shore construction account
Due friui agents and others
Louis.
October.— -^
1886.
1887.
$3,487,006 $11,805,984 $12,008.43S
1,889.324
7,245,885
7,760,931
Stocks and bonds of other companies.
Ownership In other lines, real estate,
Net Earnings Monthly to Latest Dates.— The tables follow-
TEAR BEOIN-NIXO JANUARY
$3,830,472
1,026,886
Road and equipment
13,5(iT
p. o.).
Including Indianapolis
Net earnlngii....
First] charges
Aeiet$.
2.029
1,541
5,025
2,439
5,995
6,694
30.-«
18o6-7.
$9,550,074 $30,506,361 $35.S07.05C
6,063,1.68
18,610,377 22,3i8,6»
BALANCE BHIsET SEPT.
270
370
866
31,9(i(i
—1885-6.
Year ended Sept
.
1S87.
Gross eaminus
$9,717,147
Operating expensfp. 4,877,675
Burplus
8,271
45.024
88,382
13,494
86,847
4.530
14,835
34,024
200,500
40.048
20,517
161,410
17,551
The returns of this compaD} to the N. Y. State Commi*aionera for the (juarter ending Sopt. 80 now comidete th*
fl»cal year, and permit the fli<iir.» of earnioipi, dec., to b«
made np. The company's full report is not made till near
the close of December, but the figures d ffer little from tboM
now given, and ihe results of the fiscal year are nowdefioitetx
shown to the public, as well as the balance sheet at It* clo«&
The increase in earnings is highly satisfactory, while the 1»crease in operating expenses is known to arise in some de;{ree
from the increased amounts spent on permanent improve,
ments. The percentage of op-ratisK expenses to eirnings wai
55 95 in 1885-0 and 83 48 in 1S86-7,
The mileage at the cloM
of each tiscal was 1,405, but from October 1 to December 81,
1886, it was only 95«.
1886.
254
1(!.549
Central * Ilndson KIrer Railroad.
year endiny 8tpt. 80, lt<87,>
the
^Quar.endtdSept.SO.^
4,677
50.382'
5,300,963
47
2.551
9,787
3,235
7,000
6,366
367,519
58,448
2,614
30,618
17,164
305,680
!>.95:i
Detreatr.
9
2,182,356
40,443
24,474
135,136
40,070
5,227
28.548
40,000
8,055
61,002
29,556
17,251
14,936
13.358
8.184
49,093
9.305
5.288
6.644
20.975
8,870
101,283
3,816
13,164
41.842
21,277
13,423
24,772
14.2(131
C.&Vf
Total(74 roads)
Net increase (14-64
*
21,643
51,120
(For
,932
,907
19, 4 8;
1
New Tork
6,269
24 772
2,2S0,01u' 1,880, 118
Tot4il (21 innds)
Net Inorcnsc (21 '17
ANNUAL REPORTS.
Deereait.
«
21,082
31.041
109.1M2
372,229
169,000
12,530
25,414
14.339
.
Norfol k ,(; Wi'Htprii
Norlliini I'Hfltlo
Tolcdd
1986.
$
703
were elected
:
in Baltimore the following
William F. Burns, James Carey Coalc,
George W. Dobbin, Rot)ert Garrett, T. Harrison Garrett. Joha
Gregg, William Keyser, Charles F Jlayer, J mes L. M Lane^
Decatur H. Miller, James Sloan. Jr., and G. A. Von Lingen.
The new directo s named were Messrs, Charles F. Mayer, William Keyser, James L McLane and James Sloan, Jr.
The President's annual leport was submitted, but contained
nothing concerning the syndicate negotiations, except the following brief statement: " Under an arrangement made with a
syndicate of eminent bankers, funds sufficient to care for the
floating debt of ihe company have been secured, and thia
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, aa
increase of |2,236,598 over those of 1883-'86, but this increaie
is offset by an increase of working expenses, which reduces
the amount to be added to the surplus fund to |36,258. The ncminal iurplus fund representing invtsted capital derived from
net earnings and not represented by either stocks or bonds,
But this surplus b: a not beea
amounts to 148,083.720.
thought much cf this year in financial chcles, owing to the
fact that it was unavailable to protect the company from
embarrassment by its floating debt. The percentage of working expenses on the main stem is 61 22, an increase of 2*13,
while on the entire system, embracing the main line and all
the other divisions, it is 68 34, an increase of 3'01.
The statistics relatirgto traffic will be found in an article is
our ed.torial column".
The report says " All the fracks of the main stem, and of
nearly all the branches ea--t 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 stan'lard. A large number of new
sleeping coaches, parlor and thoroughfare cars, have been
added, replete with every midern improvement and convenience." * * • '-77 engines and 3,963 cars have been acquired and built at company's shone during the year. The
cost of there engines and care has been #3,734,03*." • • •
'On the 17th of August, 1887, a contract was made with the
United States Express Company for the sale to it <jf tbo
express franchises ami privileges of the Baltimore & Ohio system, and for the opera' ion of an expresi line overall the
•
railways controlled by the Baltimore & Ohio Company." •
"Ihe company, being in need of equipment, fxecuted on the
9th of February, 1887, a car-trust mortgage for |2,500,00«
:
:
.
,
:
ITHE CHRONICLE.
704
have been *"'-,^>*ed, and
tuider which 72 locomotive engines
gondolas, 3 refrigfollowing cars 3,856 house. 250 hopper
10 sleeping and 10
passenger,
15
baggage,
5
express,
erator
Se
:
and its branches
^The ^088 and net earnings of the main stem1885
were
and of the other
divisions,
ascomparf d with
.—Earnings, 1885-86.
Gross.
Mata stem.
86,
-Earnings, 1886-87.-^
Gross.
yet.
$4,026,366 $11,201,348 $4,343,343
291,561
380,400
234,506
88,957
676,830
161,347
530,368
1,283,526
478.521
291,864
1,080.463
309,711
81,122
2,070,033
269,916
2,098,568
2,599,074 1,004,264
842,421
2,430,085
465,610 de£ 18,930
13,450
446,259
718,741 det. 76,220
15,246
114,767
2,575
183,010
35,208
214,291
etc......... ?9,846,613
325,320
663,044
1,270,476
1,013,014
Wasliingtoii Branch...
ParkerRBurg Branch...
Central Ohio Division.
lake Erie
Net.
:
Division..
..
Chicago Division
Pittsburg Division
Wheeling and Pitt. Dlv.
Philadelphia Division.
He-w 'k Somerset &St'le
$18,422,437 $6,386,694 $20,659,036 $6,538,904
Totals
New York & New England
Railroad.
[Vol.
1883-34.
$
Disbursements—
Rentalspaid
Interest on bonds*.
Int. on floating debt.
88,903
916,273
10,113
82,108
.
Int.oucartr-8t8&im8.
7 percent dividend..
XLV.
1884-85.
1895-86.
1S86-87
130,132
933,221
28,769
32,041
66,235
964,629
94,269
9,507
133.000
66,636
961,077
"8;.543
135,975
1,267,640 1,172,231
ll,16C8ur.l27,140
*Iuoluding Interest on cost of Boston Tei-minal lands and also full in,
teresl on bonds, whether paid or not.
1,124,163
1,097,397
669,275 def. 113,459
Tot'ldisb'ments.
def.
Balan ce
sur.
Denyer & Rio Grande Western Railway.
CFor the year ending July 31, 1887./'
The report of Mr.VV^. J. Palmer, President, says: "At the end
year following the company's resumption of its
close of the receivership, it is deemed fitting to
present the results for that period and the condition of tho
of the
line,
first
and the
company
:
$1.086.393
The gross earnings were
And the net
earnings
Deduct, taxes and Ins., and add small credits
$337,769
4,254
{For the year ending September 30, 1887.)
$333,514
Balance
The report of Mr. J. A. Bostwiok, the President, states tlat
Whereas the interest payments for the year,
" the property of the company lias not only been kept up to its
viz
readjustment,
under
the
during
previous standard, but it has been materially improved
$122,889
CouponNo. 2, Sept. 1, 1886
125,511
the past year. Including the Norwich & Worcester Railroad, AndcouponNo 3, IVIaroh 1, 1887
there have been 5.230 tons of steel rails placed in the track,*
$248,400
to
Amounted
representing about 55 miles of iron rails replaced by steel." *
$85,114
forthe 12 months
" The policy of your board during the past year has been to Excess
balance
credit
of the
1887)
a
to
besides
(July
31,
There was
19,549
Receiver's Income Account of
make all needed repairs and improvements on the property
chargeable to maintenance as rapidly as they could be got at,
$104,663
Total
while improvements have been made chargeable to the imAnd there was charged dmlng 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
*
during the year)
wise in the present financial condition of the company."
" The increase of taxation upon railroad corporations is a
July
income
account,
31,1887
$63,245
Leaving to credit of
The taxfs of your company for
matter of eerious concern.
Since the expiration of the twelve months which the above
the last fiscal year amounted to |213,410, which was 11 16-100
covers the earnings have been as follows
per cent of the net earnings of the company, and about 50 per report
Increast.
1886.
1837.
cent of the amount remaining of the net earnings after pay$103,426
$14,791
Gross, $118,217
No other property in August
ing the other charges againt income.
30,3t'3
7,104
Net,
37,488
procompared
with
its
equal
amount
90.556
32,866
Gross, 123,422
the State is taxed to an
September
16,784
48,513
31,728
Net.
value."
ducing
The Vice-President's report shows that the outstanding lia"On August 1, 1886, the receiver, on being discharged, had a
bilities of the company were increased during tlie fiscal year
balance to his credit of $194,074. The bstterments and imby the sale of 500 shares preferred stock at par, |50,000, which provements referred to in the funding circular of August 27,
realized a sum of |69,195; and a floating debt has been in- 1885, and which had been begun by the receiver, were chiefly
curred, which is shown in the general b ilance sheet as fol- made during the twelve months under consideration, and paid
balance.
They
interest and dividends for, as stipulated, out of the receiver's
lows Unfunded liabilities, $029,590
accrued, not due, $291,151; being an excess over available as- amounted to $117,231. In addition to this amount, $57,301 was
The principal expenses to account for this also charged to the receiver's balance, in settlement of other
sets of $143,901.
were an increase in construction accounts of $376,579, and the matters pertaining to his receivership, leaving the above balSpringfield & New London Railroad stock purchased, $89,493. ance of $19,549 on July 31, 1887.
" The road is now in good order, and future improvements,
"The balance sheet shows outstanding indebtedness secured
by lien on your terminal propprty in Boston and South Bos- except so far as they may be imposad by a considerable inton amounting to $1,631,533, to be added to which is the crease of traflic, will be chiefly those arising out of the
price at which we have the right to purchase Richardson's question of change of gauge and a change of location (to avoid
wharf, now occupied in part by the passenger depot, for ' Grassy Trail"), which should be considered in connection
The cost of this prop- therewith."
$300,000, making a total of $1,952,174.
erty, exclusive of the improvements thereon, is about $3,250,The details of earnings and expenses and sources of business
000. and its estimated value at the present time, including show the following
the improvements, is about $5,000,000. It is very desirable Earnings derived from local tonnage (50 per cent of the total
$334,368
fi-eiglit earnings)
that this debt should be funded at a low rate of interest, and
From Utah business Interchanged with the D. <t E. Gr. and
a special reason therefor is that upon the
:
:
;
:
-
payment of the
other lines (about 45 per cent!
amount due the State of Massachusetts, the company will From Trans- Continental tonnage
have the right to call upon the City of Boston to construct a
bridge across Fort Point Channel, connecling the freight
grounds of this company in South Boston with Oliver Street
in Boston. The building of this bridge will bring your freight
depot nearer to the wholesale business of the city than any
other depot in the city; and it is, therefore, of very great
importance. Authoriiy will be asked of the stockholders to
create a mortgage on all this property to secure $3,250,000 of
bonds, which, under the provisions of the first and second
mortgages, will be a first lien upon this property."
The statistics of operations, earnings, etc., for four years
are as follows
(5
343,605
38,246
per cent)
$766,217
Total freight revenue
.^297,247
total passenger earnings were
101,061
Of which 34 per cent were local
(about
12
From Utah business interchanged with Colorado
The
• 34,774
percent)
other Utah business interchanged with D. & B. G. and
other llnee (about 8 per cent)
'^^'S ?
136,349
Trans-Contluental (46 percent)
" The gross earnings of the company from a'l business interRio Grande Riilroad of Colorado
changed with the Denver
were $573,958, and those of the Colorado Co. were $686,325."
" The company is without floating debt at least as far as
the bondholders are concerned. The rolling stock which had
1883-84.
1881-85.
1885-86.
1886-87
Rio Grande RailMiles owned
326
326
belonged to the former tenant, the Denver
326
334
UUes Is'd and con'l'd
79
79
79
71
road Company, was turned over by it to the Rio Grande Western Construction Company under the final settlement of all
Total operaied*.
405
405
405
405
questions, but subject to a first lien on all such rolling stock
• Not Including K. & W., 66 miles.
The
in favor of assenting Denver Western bondholders.
bonds of the latter, therefore, now cover both railway and all
OPERATIOHS AND FlSCAl. HESnLTS.
Operations—
rolling stock. The sum of $313,000 and interest from Sept.
1883-84.
1884-85.
1885 86.
1^86 87.
Pasaengira carried.
4,368,090
4,616,014
5,240,906
5,698,794 1st, 1886, is due to that Construction Company, but is only
Passenger mileage. 54,29:1,316 58,015,468 63,870,470 66,370.777
payable after the bondholders' claims for current and funded
Rate per pass. p. m.
2 02 cts.
1-95 cts.
2-02 cts.
2-08 cts.
*
*
interest have been met." »
Freight (tons) mov'd. 1.786..'i3l
l,715,6>;i
2,099,340
2,22.S.141
Freight (tons) mll'ge.l38 5:14,292 107,639,953 135,470,333 152,739,575
The report eays that as all the lines looking to extensions west
Av. rate p. ton. p. m. 1-412 cts.
1-709 cts.
1-673 cts.
1-63 cts
Rio
of Colorado are of standard gauge, and as the Denver
Xamingt—
9
$
S
S
is also contemplating widening the gauge on its Grand
Passenger
1,095,530
1,139,916
1,296,896
1,3S6.4P8 Grande
Freight
1,955,6^6
1,850,266
2,262.479
2,485,913 River route in Colorado,the policy of this company should be"to
Mall, eiprcss, Ac...
286,685
298,764
304,619
279.516 widen its gauge in due time so as to receive and carry freely
on equal terms the business of all of these rivals— which it
Total gross eam'gs. 3,337,901
3,288,946
3,863.994
4,151,917
if all or
Op. expeu. <St taxes. 2,941,625
2,301,715
2,620,605
2,918,314 can manifestly do more profitably to them than
either had to build and maintain independent lines of their own.
Net earnings
396,276
987,231
1,243,389 1,233,603
"The passenger business is extremely gratifying, showing 23
P. c. of oper. exp. to
per cent increase over the previous year. The outlook for this
earnings
88-121
69-98
67-82
70-20
y. ar is tqually encouraging, if the reports of large excursions
INCOME ACCOUNT.
to California during the coming winter be true. This through
1883-84.
1884-85.
1885-86.
188687
Receipts
business travel forms a large portion of our passenger busiNet earnings...
396,276
987,231
1,243,389
1,233,60.1
ness, amounting for the year to over 38 per cent of the total
Other receipts.
31.846
23,473
35.411
65.768 passenger earnings, whereas our through freight business
Total income.
428,122 1,010,704 1,278,800 1,299,371 formed only 7 per cent of the total freight earnings."
From
&
—
&
&
—
—
NovEJomt
THE CHRONICLK
86, 1887.J
GENERAL INVESTMENT NEWS.
Brston & Albany.— The MaMacJ.usette
Rttilroad Ck)mmi».
fiorrrs oidertd a change in tlie report niadM by
All'iiry for the yfar ended September 30, 1887.
tlie
&
Boston
This chang-i
coi pisied in deducting from tho surplus over charneH iind
diviciend the |l.C44,4i 5 BoutOD & Albaiiy stock bought of tho
This makes a nominal
State end distiibuted to stockholdera.
deficit amouiaing to $882,701, while the total surplus September 30, 1887, is changed to a deficit of |617,191.
& riltsbnrg.— At
meeting of stockholders the followinK directors were elected for the ensuing
year: John O. Neestr, August Bichard, Henry J, Barboy,
Wheeler H. Peckham, J. Kennedy Tod, A, H. Stephens, F. D,
Tappao, Walston H. Brown, Frederick A. Brown, Adrian Isel in,
Adrian iselin, Jr., J. II. Ilocart and Alfred Roosevelt. The
financial report shows the following for the year ending Sept. 80:
BnlTulo Rochester
1886.
Gross carnlnirs
Operating expense's
Net earnings.
First cliarges...
tfce
18-!7.
Incroasn.
$1,393,013
966,968
$1,994,120 Inc.
l,3;8,ls7 Inc.
$601,107
401,221
$426,047
413,924
$625,933 Inc.
$19ii,'i86
4,')3,613 Inc.
9,689
Def. $17,877 Sur.$172,320
Balance
Sur.
$190,197
Clilcago St. Lonis & Pittsburg.— The gross and net earnings and charges for October and for the ten months, Jan, 1 to
Oct. 31, Lave teen as follows:
.
October.
Opcriiting expenses....
Netearuings
Cliarges
^lOmot.Jan. ltoOc^31.-^
1887.
1-80.
1,816,.'.35
1,862,748
Total lOmos... $46,043,195 $41,603,034 $15,846,644 $14,834,580
LISK8 WEST OF ITTTSBtTRO « ERIB.
yet lurpltu or defleit afterpayment of charget,
1887.
1886.
Dlff. in 1887.
Jan. ltoJime30..Bur.
Dcf. $514,923
Gain. $02.5,407
$410,484
Sur.
Sur. 262,508
I»«8.
July
87,008
17.5,50O
Sur.
282,4.55
Sur.
Gain.
August
78,651
203,t«04
Sur.
Sur.
Oaln.
September
255,981
81,328
174,883
Oaln.
October
Sur.
280,485
Sui-.
26-1,200
16,22S
414.759
353,752
3,527,073
$046,986
998,676
Perklomen —The Reading trus'ees have ratified the agree
ment by which the Porkiomen consolidated mortgage sterling
$282,876 Lo88.$351,fl90
bonds will receive second series consolidited bonds to bear
5 instead of 4 per cent intereat, as provided in the plan of reorganiziition. Deposits will be received under the amended
plan until December 10 without penalty, and for ten days
thereafter upon 5 per cent penalty. The June and December,
1887, interest on tho Perkiomen consolidated bonds deposited
under the plan will l)e paid at the rate of 6 per cent.
$15,576
—The report of
accrued and sinking fund
1887.
$1,309,002
48,583
1886.
$1,294,412
9,860
$1,260,419
1746,477
$1,284,-552
$513,942
188,859
$434,121
$325,083
$434,121
Balance
Dividends.
Sui-plus
850,431
of this
company
be awaited with interest, oviing to the extended transactions of the past year. The returns to the Riilroad Commissioners for the year ended Sept. 30, 1887, show Orofg earnings. 14,569,321
net earnings, $1,086,007 charges. $689,289
balance, |397,428 dividends, $366,488 surplus, $30,940. The
report of the Fitchburg includes the operation of the Troy
Greenfield and Hoc sac Tunnel Railroad from Feb. 1, tho Troy &
Boston from April 1, and the B ston Hoosac Tunnel & Westem from June last. The liabilities include : Capital sicck,
$19,437,800 do. account Troy & Boston, $1,333,300 funded
debt, $14,540,600 do. account Troy & Boston, $1,750,000
unfunded debt, $3,134,660; profit and loss, $381,674; total,
\iill
:
;
;
;
;
;
&
;
;
;
;
$39,478,034.
Florida Railway & Navigation Company— The fiscal year
erding Oct. SI of the F.ori !a Riilway & Nivigatioti Company, as operated by the receiver, shows gross earnings of
net earningp,
$1,086,618
operating expenses, $863,195
;
;
$303,423.
Memphis & Charleston.— A majority
of the stock of this
held in the interest of the East Tennessee Virginia & Georgia. The minority stockholders in Memphis
Charleston procured an injunction against the voting of this
mfljority stock, on the ground that certain legal req'irementa
had not been complied with when it was obtained. The E.
T. Va. & Ga. people, however, procured an injunction against
the holding of the annual meeting November 17, until the
reppective rights could be determined, and hence the old
beard holds over (as it is reported) until the period for the
next annuil meeting.
Mobile & Ohio.— 1 he annual meeting of the debenture
bondholders instructed the trustee to vote for the following
ticket: Adrian Iselin, Jr., H. B. Plant, Sidney Slfpard, Alexander H. Stevens, James H. Fav, R. K. Dow, J. P. Mcl^ahon,
Henry Hall. William Butler Duncan, T. Green Bush, W. L.
Heariu, E. L Ru sell and T. M. R. Talcott. The vote was
33,437 against 16,373 in opposition.
is
&
Northern Pacific.-This conpany has already sold to «t
syndicate, at tlie head of which were August Belmont & Co.
and Henry Vtllard, some $8,000,000 of its new third mortgage bonds, which will place ihe company in easy circum
stances for completing its new work and paying floating
debt.
— President Choate
explained to the stockhold
ers tho requeft for authority to issui tionds of the company to
an amount of not over $2,000,000. Ho said that Ihe issue had
no connection with the lease of the Providence
!ad, but was
R
to cover the purchase of the
Total 10 mos.Sur. $l,316,4'l3
Hanover Branch and to fund the
Sur. $171,824
Gain. $1,144,580
Philadelphia [& Reading— Central of New Jersey
>'. Y. & Philadelphia— Judg^ McKennan of the U.
Bnffalo
at Pittsburg, granted orders discharging
these three railroads from their receiverships and returning
them to the possession of their stockholders on Jan. 2, 1888.
S. Circuit Court,
& Western.—This company
having been fully
of the road is published in the Investors'
Supplement of this da'e. The first mortgage covers the
whole mileage owned of 226 miles, besides the leaseholds on
157 miles, making 383 miles operated; and the ttmount of
The old mortgage of
bonds issued to date is $9,100,000.
Pittsburg
reorganiz-iid,
Including $100,000 to trustees of sinking fund.
Fltebbnrg.- The annual pamphlet report
Old Colony.
1,580,625
1,90J.O-I5
$130,596 $111,884 $1,248,010
90,308
905,133
90,938
Net income
comp-iny
1886.
$7,609,02-1
$3,936,089
3,289,703
Total income (rental)
Total expenses
t
1887.
Jan. 1 to June 30.. $26,370,724
July
4,6.54,.370
August
5,022,012
5,0<K),568
Scptemlier
October
4,989,521
$4,77.').683
ing:
llltere.^t
PennsylTanIa Railroad.—The Kroes and net earnings for
October and for ten months, Jan. 1 to Oct. 31, were as below
stated.
On the lines west of Pittsburg & B^rle the net resnlta,
after payment of interest and all charges, is shown in the
second table.
LINES EAST OP riTT8Bt7RO A BBIB.
,— --Vet Earningt
-drou Saminef.
.f46.''>,637
the Eastern Railroad Company to the Massachusetts Railroad Commissioner for the year
ended Sept. 30, 1837, compared with 1885 6, shows tlie follow
Eastern (Mass.)
floating debt.
No opponltion waa nude to a motion authorlz*
Ing the directors to Issue the t>ond8.
The parobaieof the
Hanover Branch and the contract to ooerate tha Chatham
R lad were approv>-<l. The subjijct of toe lease of t*'.c Prorlderce I{'>ad wa^ taken up, and Pr- sident Ohoata stated that the
pioject had been approveii by the direotorn of both cim|>anle>».
The terms of the lease were 10 |>er cent dividends and |l,:iOO,*
000 cash, or about 11 per cent. The directors were n quested
to obtain such legislation as may be necessary to authoriz'4 the
lease of the Boston & Providence Road to the Old Colony,
$545,3.')C
$39,058
SuniUis.
,
1886.
1887.
Gross earnings
705
a
map
&
Buffalo Railroad has
$800,000 on the Pittsburg Bradford
been wiped out. In the three months July 1 to September 30
the net earnings were $159,6S6, and surplus over and above
interest charges |03,646.
Chiago.—The similarity of the name 'of this
8t. Loin is
8t. Louis has given rise to the
line with that of the Chicago
&
&
The fact ia
impression that they are one and the same road.
that the Chicago & St. Lcuis is row the now Atchison line out
of Chicago and part cf its route between that city and Kansas
The
City now known as the Chicago California & Santa Fe.
St. Louis & Chic, on the other band, commenc< s at Litchfield
and Mt. Olive and extends north to Springfield; it also operates
ovtr the C. C. C. & I. lires from Litchfield directly into St.
Louis. It has free trackage into St. Louis and terminal facilities there in consideration of the C. C. C. & I. getting a line to
Springfield, The St. Louis & Chicago's connections at Springfield are the Chicago & Alton, Illinois Central, Wabash and
Ohio & Mississippi railroads, and its proximity to tiunk roads
touching at Springfield and Litchfield give color to the impression that it may soon be absorbed by one of t hem.
St. Panl Minneapolis & Manitoba— This compsny's Montana Extension has i (ached Helena, Mont., after one of the
most notable examphs of rapid track-laying in th e history of
railroaab.'rZ I:-:^~"t![iii3l
t'tSZT^^^ f|»
BK <»'?
^ZZ
Western New Yiirk & Pcnnsylraiila- BnlTalo New York
6
Pliiliidelidiia— A special meeting of the stockholders of
New York & Philadelphia Railrosd Company of
the Buffalo
New York was held on the 22d to formally ratify the consolidation of the above ccnipany with the western New York
Pennsylvania Railroad Company of Pennsylvania. The vote
was taken without opposition and this practieally perfects the
reorganization of the Buffalo New York & Philadelphia Company. The stockholders elected the following directors: Carl
Schuiz, Arnold Maicus, John D. Probst. E. L. Owen, Gustave
E. Kissel, C. H. Allen, F. W. Foote, T. B. Atkins, I. N. Seligman, G. C. Gardner, Bryce Gray, Georj e W. Miller and E. W.
Clark, Jr.
The following officers of the company were
elected: President, G. Clinton Gardner; First Vice President,
John D. Probst; Treasurer, John Dougherty and Secietary, J.
R. Trimble. The question of the issue of the new seeurities
of the company was not disctwsed, it being considered proper
_
i*3l
that the directors should first pass upon the matter.
A map of the company's lines will be ftund lo-day in the
InvESTORs' StPPLKMSNT under the title Western New York A;
Pennsylvania, and the new secuiities ate th ere given as they
will appear when piesently issued.
,^^ JHIaA
BdHk
&
.
..
.
THE CHRONICLE.
70(5
[Vou. XLT.
COTTON.
^hje Cottnujercial gimcs.
Friday,
The Movement of the
C0MM3RCIAL EPITOME.
Feidat NiaHT, Nov.
25, 1887.
The business of the week has been interrupted by a close
hoUday—Thanksgiving—but amounts to a good average for the
week,
season. The speculation in food stiplen, so active laet
ae
has in a great measure subsided, but the higher prices
pretty well supported. An event of importance is the occurrence of extensive fo'est fires in the middle latitudes of the
Mississippi V.iUey, destroying much property and obstructing
railway and river transportation. Cjagress meets in a few
days, and mea ures for the reduction of taxation are again
under diecufsion, but party spirit and local jealousies are
likely to prove great obstacles to practical measures
The speculation in lard for fuure delivery has been active
Receipts
at—
Orleans
Mobile
at 20@30j.
for creamery.
Cheese
is
more
3,556
3,580
2,072
2,835
2,404
1,80-2
S99
40,003
1.530
17,149
1,291
1,850
1,291
8,652
Moreli'dC.j&c
Norfolk
West Point, &c
1,622
1,544
1,202
1,484
950
3,351
2,734
5,005
3,840
5,409
2,143
4,242
4,903
363
687
464
76
1,064
1.007
278
984
4,803
3,474
5
251
327
New York
287
287
3,849
9,331
26,659
26,425
1,186
4,143
406
548
442
Baltimore
43
Pliiladelpliia,&e
week 39,034
386|
548
1.449
62,.598 29,956 39,449 30,420 47,031 249,388
For comparison we give the following table showing the week's
total receipts, the total since September 1, 1887, and the stock
to-night, and the
last year.
same items
for the correspjiiding periods of
1887
Bruiisw.,&c
Charleston
P. Royal, &e
.
is dull, but fair cargoes
stiU quoted at
sugars have been dull and weak; quoted nominally at 5 3 16c. torfair refining Cuba and 5Jgo. for centrifugal, 96 deg. test,, and refiaed sugars are unsetiled. Molasses
is more sctive to-day at 213^c. for Sc. Croix and 36(a47c. for
new crop New Orleans. The tea sale on Wednesday went off
on the spot
Raw
at easier prices for Japans
and
Pmg
Sueya, but oih-rwise
Steady.
K'^ntucky tobacco is quieter. Sales are 350 hhds. of waioh
only 150 for export. A tobacco fair has been opened at DiiTille, Va.
Seed leaf is also quieter, an i sales for the week
are only 1,180 Oises, as follows: 180 cases 1883-85 crops, Pennsylvania, 9@14>^c.; 200 cases 1886 crop, Pennsylvania, 10@
lie; 300 cases 1885 crop, Wisconsin Havana, private terms;
100 cas s 1886 crop, New Engla id, 13@16c.; 100 ca^es 1886
New England Havana, 13>^(a35c.; 100 casts 1886 crop,
State Havana, 9@16c. and 200 cases sundries, 7(a28.'.; al8o400
crop,
and 850 bales Sumatra, $1 40@ Jl 75.
met with a moderate demand and closed
Rosins were rather more active at $1 05
60c. @$1 10;
Spirits turpentine
at 37@37,i4f5.
(8$1 12J^ for common to good strained, and there is a good
inquiry for tar at $2^g$2 05. Crude petroleum certificates
have ruled firm, with the flow of wells quite moderate, but
neither buyers nor sellers dare act freely, and the close is
nearly nominal at 74>4@74^c. Wool is quieter and hops
somewhat depressed.
The speculation in ingot copper has shown renewed activity,
and prices have materially advanced, but at the higher prices
the movement to-day was limited, selling at 13-90c. on the
spot, 13-95(ai4c. for December and 14@1405c. for January.
Straits tin has also shown renewed animation in speculative
features, in response to foreign advices, and was to-day fairly
mainly at Z\}4@32c. for January, but with a closing
sale for January at 32'05c., and an early sale for February
at
active,
is
5,727
1,530
Port Royal,&c
.
Lead
899
5,921
Brun.sw'k, &c
Cliarleaton
10® 1 l%c., and skims, 3@ 83^c
The speculation in Rio coffee has been toward lower figures, Wilmington
and to-day there was some further decline, closing With sellers
M'eh'dC.&c
at 15"2oc. for December, 14-90c, for January down to 13 80c. Norfolk ...
W. Point, &c
for September, and 13 55c. f.^r November and December, 18S8.
New York.
Rio
active; State factory, full cream,
80-40C,
75,544
10,161
1886.
This
Week.
Since Sip.
1, 1887.
Since Sep.
I
1,
1886
1887.
1886.
38,788
405,308
117,929
91.246
811,1771 76,815
107,329 10,922
632,614
87,331
10,284
486,158
14,197
240,604
11,010
84,286
1,948
278,985
124,616
23,540
14,512
8,499
13,982
288,490
28,076
284.413
26,009
131,184
146,631
57,100
3,035
23,150
81,831
4,086
23,381
46,754
10,580
57,667
10.5,070
12,000
12,622
19,663
163,927
9,000
11,830
19,862
280,26212,437,874
855,653
919,883
427,944
;
,
teady
8,022 12,725
666 1,363
6,492
;
Havana,
6,447 10,101
2,242 1,457
6,893
Jieceipts to
bales
33.457
8,794
:
ISJ^c.
Total.
5,387
3,769
6,346
6,176
This
Pork is again dearer, but the movement is quite moderate.
Nov. 25.
Week:
prime,
75@13
$12
do.,
$15
50;
new
Old mess, $14 25;
25@H5
33,457
»r,d clear, $16@$17 50. Cutmeats are rather firme. pickled Galveston
Iiid'iiola,&c
shoulders, 7c. and hams, 93^@9%g ^m ked
bellies, 7f8'37Jgc
New Orleans 75,544
•houlders, 7',{c., and hams, lOJ^OUc. Beef and beef hams Mobile
10,161
remain nominal. Tallow firmer at 4 7-16@4i^c. Stearine is Florida
899
quiet at 7^|'@8c. O. omargarine is quoted at tjisc. Bucter is .Savannah ... 40,003
Cuflfee
Tliun.
Fri.
1,314
12,723 25,526
1,845
2,588
. .
Savannah
Totals thi.s
demand
Wed.
Tues.
Florida
Saturday. Uond'y Tiiesd'y. Wedjisd'y. Thursdy. Friday.
7-36
7-34"
7-27
7-31
7-31
710
7-34
7-38
^
rt
7-47
7-37
7-40
7-44
7-53
7-43
7-46
7-50
736
March dullTciy
o
7-60
7-49
7-52
7-55
740
April delivery
a
7-67
7-55
7-58
7-59
750
May delivery
7-71
7-60
7-64
7-63
June delivery
in fair
25, 1887.
Inrtianola,&c.
New
Wilmington
:
Mon.
Sat.
6,091 10,550
Galveston
at buoyant prices— the movement being due mainly to sympathy with the advance in corn, and the mirket was quite
buoyant to-day, but closed qiiieter. Lard oa the spot has not
been active, but closes firmer at 7-25o. for prime ci'y, 7 53}^'\
7 55o. for refiaed to the C jntinent aad 7*70
for prim^
@7-75c. for South America.
DAILY CLOSING PRICES OF LARD FUTCRES.
Deccmb'r (Itlivery. 718
January delivery.. 7'23
February dellv'y.. 7-31
Nov.
P. M.,
as indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (Nov. 25), the total receipts have reached 349,388
ba'es, against 384,816 bales last week, 301 ,600 bales the previous
week and 389,174 bales three weeks since, making the total
receipts since the 1st of September, 1887, 3,874,549 bales, against
3,437,874 bales for the same period of 1886, showing an increase since September 1, 1887, of 436,675 bales.
Cri:)p,
firmer at
4%@ 4i^c
to 4^8 0., but closes nominal.
wholly unsettled.
,
The
and
spelter ha?
advanced
iron markets
continue
Boston
Baltimore
.
Phil'del'a,
&c
Totals
1,530
17,149
1,291
8,652
48,747
1,608
20,802
1,112
9,753
265,4-20
8,511
119,138
287
2,601
348
252,806 41,430
255,126 19,987
3,400
2,460
25,558
2,669
3,265
1,804
26,659
26,425
1,186
4,148
548
..
920
11,817
558,804
14,925
1,449
6,728
249.388
J, 874,549
2,097
In order that comparison may be made with other years,
give below the totals at leading ports for six seasons.
Ue'cipts at —
1883.
1886.
1885.
1884.
38,788
76,815
10,922
48,747
21,914
10,101
41,430
19,987
11,558
39,486
94,804
9,366
33,692
23,119
4,602
33,241
13,649
7,966
22,895
93,207
14,854
39,345
30,497
5,283
43,900
21,279
13,432
week 249.388 280,262 259,925
284,692
Galvest'u, &c
New Orleans.
Mobile
Savannah
...
Charlest'u,&e
WUm'gt'u, &c
Norfolk...
W't Point, &c
All others.
Tot. this
1887
33,457
75,544
10,161
40,003
18,440
8,939
26,659
26,425
9,760
we
^
1882.
33,17'
64,756
14,667
30,377
17,615
6,451
33,629
11,287
10,226
33,405
74,354
12,511
33,766
30,032
7,602
40,556
8,433
14,438
222,185
255,097
Since Sept. 1 i3874,549, 2437,874 24-25,2822505,451 24-20,284 2442,337
Galveston includes Indiauola; Charleston Includes Port Royal, Ac;
Wilmington includes Moreh'd Cit}', &c.; West Point includes City Polnt,i&e
The exports for the week ending this evening reach a total
of 163,943 bales, of which 99,580 were to Great Britain, 21,774
to France and 43,588 to the rest of the Continent. Below are
the exports for the week and since September 1, 1887.
Wu\ BnAim
Nov.
Bxvorted to—
XJKXtl
from—
/.I
-io
stw Orleana
.
29,585
17,0SS
Stpt.
1,30)
1,300
28,732
73.305
•AoW
18S7, to
ereat
Britain. France
118,900,
1,400
201.787 115,875
No«
Oonti.
runt.
25. 1887
Total.
36.322
169.857
156,882
507,510
14,580
158,581
2,S7.553
92 996
149,620
82,146
78,868
118,087
64,780
383,590
58,982
34,"05
28,755
ll,'^80
'loriaa.
1
<aTaanah
3.556
Charleston
Wilmington...
Sorfolk
20,557
Weat PolnU&o
Vew York
IMS')
'<o»ton
10,773
...
3,568
s,«oo
.
3altlmor«
1,
Bxported to—
Ortat
Ccntt 7jeai
BrU'n. rrance Mtlt. Week.
(ton
from
5.100
1(1,401
5,7 5
8,600
10,401
20,557
5,755
1,236
9,810| 26,182
6
840
BH.SSO
ino.oes
112,02!;
20.189
2.300
.
...
64,780
181,3201 13.798
8?,472
1.145
9,963
7.179
3,507
2 '..771
43 588 1A3Q4'!
956 878
lR.'^7fl2
604 881 1,725.131
9.715
46,85 188.463
905.4H5 1.S7.961
871,481 1.314.827
2.867
"rtJll 1SUB...
36.435
53.912
57.837
24.812
19,578
10,779
ftiUa<]elp'a,Ao
Total
70.748, 10,2.^0
...
NOVBMBBR
THE CHRONIOLP.
36, 1887.]
TOT
In addition to above exports, our telegraniH to-niglit also give
ua the following aiuounta of cotton on 8hi|)lK>ard, not cleared,
at tlio iK)rt« nanied.
add similar figures for New York,
whicli are prepared for our siMJcial use by Jlessrs. Carey, Yale
Lambert, 34 Beaver Street.
91lt mI Bit
hn
''-' |p|
""" im
We
&
On SMpboanl,
AT—
-Vor. 23,
Great
Fratice.
Britain.
NewOrleaug
Mobile
Chnrloston
SavaniiiiU
GitlvoHton
Other
Foreign
Coast-
12,158
None.
11,838
3,80<)
None.
2,100
Noni*.
l.'i,(K)0
1,.'^00
23,2(M>
Nono.
9,(100
7.22.->
4,100
13,392
21,200
<iSO
None.
None.
."i.OOO
2.=),0(K)
or.o
«,2">0
None.
2,000
None.
None.
12,300
17,000
51,913
30,192
80,241
63,701
22,687
19,515
7,200
i
2i»,6«.5
I
Norfolk
20,000
3,400
15,000
New York
Other imrta
I
_i_
Total 1887
!
Totnl 1886
Total 1885
'
1
Total.
Witt.
5,000
If.
121,101
43,1.88
I
109,977
109,910
44.014
35,0,'iO
1
'
*iiv flit
nol cleared—for
e,7(M)
32,1
,
9H^
lih
!
89,012
7.100
.50,9N2
246,694
'
I
2.56,910
228,182
Cotton for future delivery at this market has been quite unsettled for the week under review.
The opening was somewhat depressed, under unfavorable foreign advice', both
commercial and political; but en Tuesday a sharp falling oif
in receipts at the ports gave a fresh impulse to the speculation
for the rise, which with (ome fluctuations was continued to
near the close of Widnesday. In view of the recent small
crop 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
hat the strike on the railroads wis having the same effect,
was
little het ded.
To-day a d cided improvement in Liverand reports of the burnine of cotton gins and cotton in field
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-16c.
was quoted, followed by andiual advance to-day, middling
pool
uplands closing at lOJ^c.
The total
sales for forward delivery for the week are 576,400
For immediate delivery the total sales foot up this week
bales.
—
916 bales, including
for speculation and
—
for
—
for consumption,
export, 916
Of the above
in transit.
—
bales
were to arrive. The following are the ofHcial quotations for
each day of the past week— Nov. 19 to Nov. 25.
UPLANDS.
Good
Mlildllni?
Strict
Good
.»
758
tt>
I
9»,(,
758
81a
9i,a
99i8
9i5i„
7»8
8i8
9ii«
9»ig
;
I
Wed Tb
7111,
83i8
9i8
9»8
91*18
9i6iel0
10'i6 lO-iis IO.I18 11014
10^9
10% iiOTi8
ii03a
IO1I18
lO^S
10=8
1058
il0i3ial0i3,„ lOiSislO's
'""*
ll-V ll'ie
Illftl8lll3l6lll3iall''8
,
,
11^
GULF.
nronTnesWed Th.
Sat.
-¥
7^
111
8I4
^
,
!
T^
7%
8I4
.
93,8
93,8
91I18:
ai'isi
*
8I4
93,6
,
713,8
85ig
914
9%
9"l6
101,8 'IOI16 ll01,8 1018
105,8 1105,8 105,8 1039
IOI3 lOIa
IOI3
10% 10% 10% 10»i8
1019,8
1013)6 1016ia 1013,6 11
115l6 ll'lB 116,8 1138
Ill4,, 1115,, 1116,8 12
Middling...
Middlins
Good
I
9'i8
!
Middling...
Ordinary
Strict Ordinary
Good Ordinary
...
Strict Good Ordinary
Low Middling
Low
8%
I
Middling Fair
Fair
Strict
mon. Tuea
Sat.
Ordinary
Strict Ordinary
Go< d Ordinary
Strtct ii' od Ordlt ary.
Low Mlddlins
Strict Low MiddllnB ..,
Mlddlhm'
:...,
MldrilinK
Strict (ionrt .MiddllnK..
Mld(Uinir Fair
Fair
STAINED.
Good Ordinary
Strict Good Ordinary.
•*
"'•
LowMldming
MidiUlng
II»«
8I9
91,g
..."
I
ZT'8
8l8
9»,9
7ifl
77,8
8l8
83,8
918
91,6
915,8 10
1
I
1
M.VRKET AND SALES.
The total sales and future deliveries each day during the
week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a
glance how the market closed on same davs.
SALES OF SPOT AND TRANSIT.
SPOT KARKRT
CLOSKO.
Export.
Con- Spec- Trail-
mmpuei'n\
sit,
:
,
ioial.
DelivSales.
eries.
* laolnaea sales In Bept«mb«r, 1887,
lor Seplember, £58,200; Sep
tcmbe: -Oct Cher, for OctnUer, 570,200.
We have Included In the above table, and ahall continae eaok
week to K\fe, the average price of fntarea each day for each month. It
will be found under each day following the abbn-vlntlon " Aver " The
average for each month for the week In also ulveu at bonoiu of table.
Transferable Order* -Saturday, 10-35c.; Monday, lOSCc. Tuesday.
Friday, 10-450.
e.
10-400.; Wednesday, I0-40o. Thursday.
t^
;
;
;
Bat
..
Mon
.
Quiet
104
Ea«y
1371
Tuen. steady
e<l
'SJ
.
Finn
174
3) 1,8
adv.
Thiirs'
Fri... Sternly is f,e'idv
TotiU.I.
...
...
142
...
142 111,100
916 576,400
deliveries
to that
elren above arc Bctiially delivered the day
ou which thev aro reported.
The Sales and Prices of Futures
f oIlowmK
104 77,300
137 106,600
174 139,800
359 141,600
Holi day.
916
The dally
rreMous
3591
...
...
comprehensive table
:
are sht
wo
by the
The following exchangee have been made during the week 1
Oepd.toexch. 1,200 1 unn for July.
-13 pd. to exch. lOe Jan. foi Mar.
•35 pd. to exch. 400 Nov. for June.
27 pd. to exch. 100 Nov. for May.
01 pd. to exoh. 800 Nov. for Jan.
,
|
21 pd. toexoh.500
> 8 pd. to exch. 20d
•l.'i
pd. to
l-VI).
forMay.
Dec
for Jan.
for Feb.
exch -JOO Deo.
07 pd. toexoh.50<' Jan.for Feb.
f
I
The Visible Supply or Cotton to-night, as made up by cable
follows. The Continental stock j, as well aa
those for Great Britain and the afloat, are this wevk's returns,
and consequently all the European figures are brouxht down
But to make the totals the complete
to Thursday evening.
and telegraph, is as
S
.
;
.
THE CHRONICLED
703
item o/ exports from
figures for to-night (Nov. 2.5), we add the
Friday only.
tfa United States, including in it the exports of
the
i
1887.
1886.
1885.
1884.
tale*
553,000
Ja,uuu
486,000
15,000
415,000
18,000
430,000
48,000
Total Great Britain stock.
Stock at Hamburg
Btook at Bremen.
Stock at Amsterdam
Stock at Rotterdam
588,000
501,000
1,600
12,500
4,000
300
478,000
„'XX„
2,000
9.000
156,000
2,000
30,000
4,000
12,000
433,000
3,000
31,900
30,000
600
2,600
113,000
3,000
36,000
8,000
7,000
279,000
223,300
235,100
262,000
BtocV at Liverpool
Stock at London
Stock
Stock
Stock
Stock
Stock
Btook
—
.
:
„?'XXX
oo'nfiS
^^'2xX
go"
900
.
at Antwerp
at Havre
a t Marseilles
at Barcelona
at Genoa
at Trieste
nSn
17a
^
„'}JxX
o^'iKli
Total Continental stocks
3,500
33,000
41,000
800
1.700
131,000
5,000
28,000
8,000
7,000
724,300
33.000
398.000
56.000
919,883
329,405
27,000
867,000
35,000
566,000
Amer. cott'n nfloat for Eur'pe.
50,000
Egypt.Briizll.&c.afltforE'r'pe
Stock in United btates ports.. 855,653
Stock In U. S. interior towns.. 366,759
7,793
United States exports to-day.
Total European stocks
668,100
25,000
512,000
40,000
8.55,738
300,231
18,950
740,000
40,000
578,000
52.000
903,662
247.281
42,200
2,754,205 2,487,588 2,420,019 2,603,143
Total visible supply
Of the above, the totals of American and other descriptions areasfollows
Amencan—
afloat for Europe. .
United States stock
United States interior stocks..
United States exports to-day..
Amerioan
Total Atiie.loan
East Indian, Brazil, eec.—
Liveruool stock
liindon stock
Continental stocks
7,793
&0
306,000
157,000
512,000
855,738
300,231
18,950
247,000
131,000
578,000
903.662
247.281
42,200
2,281,205 2,105,288 2,149,919 2,149,143
173,000
15,000
105,300
33,000
56,000
192,000
35,000
155,000
35,000
56.000
India afloat for Europe
Egypt, Brazil, &0., afloat
Total East India,
Total American
313,000
118,000
398,000
919,883
329,405
27,000
361,000
124,000
500,000
855,6o3
306,759
bales
Liverpool stock
Continental stocks
109,000
18,000
78,100
25,000
40,000
183,000
48,000
131,000
40,000
52,000
473,000 382,300
270,100 454,000
2,281,205 2.105,288 2,149,919 2,149,143
2,754,205 2,487,588 2,420,019 2,603,143
Total visible supply
5t.i,ed.
5Ua.
59,nd.
5H(AIWce Mid. Upl., Liverpool
lOiac.
93]6C.
97i6C.
lO'isC
rrioeMld.Upl., New York....
t^" The imports
same towns have been 19,058 bales more than the same
week last year, and since September 1 the receipts at all the
towns are 274,161 bales mnrp. than for the same time in 1886.
QaOTATIONS FOE MlDDLINQ COTTON AT OTHER MARKETS.
^he
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.
CLOSING QUOT.4TION3 FOR MIDDLING COTTON
Week ending
Not. 25.
Galveston
Satur.
Man.
958
9»io
9=8
913
9=8
99l6
931
9=8
912
9»16
99,8
9%
9=8
...
New Orleans.
Mobile
9 •'8
Bavannali ...
9^8
Charleston ..
978
Wilmington
Norfolk
913io
1012
Boston
Baltimore ... 10^4®%
l>
.
India cotton afloiit for Europe.
into Continental ports this
week have been
80,000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 266,017 bales as compared with the same date of
1886, an increase of 334,188 bales as compared with the corresponding date of 1885 and an increase of 151,063 bales as
XLV.
[Vol.
Memphis
Louis
Cincinnati ..
LouisvlUe . .
St.
Fuet.
Wednes.
|
9''9
9 -8
915,6
109,6
a.
p.
1014®%
10=8
913
99is
9'l8
99,8
9=8
9=8
9%
9;'4
Fri.
91118
9=8
99,6
9=8
101s
10=8
9I2
OH
ON—
|
934
934
978
9 3,6
IOI2
lOSg
99l6
9»i«
99l6
Thurt.
99] 6
9^
95t
IOI3
\
9=8
99l6
9>3
1014®% 10l4®3g 1014®%
10=8
Philadelphia
Augusta
|
10=3
9=8
9=8
97,6
99,6
93t
9=8
9%
91-J
9»io
9%
9=8
—
Receipts from the Plantations.
The following table
indicates the actual movement each week from the plantaThe figures do not include overland receipts nor
tions.
Southern consumption they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports.
;
Week
Ending—
BecelpU at Vie Porta.
1888.
Oct. 21
'•
28
.
.
NiT. 4
" 11..
" 18..
'•
as
I
1888.
I
St'k at Interior Tmtnis, Rec'pts
1885.
1887.
I
1886.
I
1887.
1885.
from Plant'ns.
I
1886.
281,704 28'f,818 2n.79a|l'11,l8a!l85,5ir229,700 303,754 30S.48:
2"8,n23 268 4^3|s»4.034i!00.3J7[22S.997'2tl8,753'313.14S 301,959
. 874,4 '3 271.665 289,174'253.614 27i',6Sl!301.9Sl'324.";9 322.352
.J232,O8l'2r3,D50 301,800 279,9»l[317.697 347.022 25G.348'31I.683
1887.
321,019
338.087
322,383
846.661
.270,4 :l |28ti,8!i6 2S4,8I8 30J,28l[337,180 384.794 209,-51 288,079 342.588
30.i,162
1269,025280,282 210,388 340,405 386,073 400,4i8 291,069
is74,028
The above statement sliows
—
1. That the total receipts from
the plantations since September 1, 1887, are .S. 260.147 bales;
in 1886 were 2,755,893 bales in 1885 were 2,749,837 bales.
2.
That, although the receipts at the outports the past week
were 249,388 bales, tlie actual movement from plantations was
274,022 bales, the balance going to increase the stocks at the
interior towns.
Last year the receipts from the plantations
for the same week were 309,163 bales and for 1885 they were
391,069 bales.
;
—
compared with 1884.
Amount of Cotton in Sight Nov. 25.—In the table below
At the Interior Towns the movement that is the receipts we give the receipts from plantations in another form, and add
for the week and since Sept. 1, the shipments for the week, to them the net overland movement to Nov. 1, and also the
and the stocks to-night, and the same items for the corres- takings by Southern spinners to the same date, so as to give
ponding period of 1886 — is set out in detail in the following substantially the amount of cotton now in sight.
—
statement.
1887.
1885.
1886.
1884.
Recoi^)ts at the ports to Nov.25 2,874,549 2,437,874 2,425,282 2,505,451
interior stocks on Nov. 25 in!
excess of September 1
385,.'598] 318,018,
324,555| 249,918
I
)
o
Tot. receipts from pl.antat'ns 3,260,147'2,755,892 2,749,837 2,755,369
Net overland to Nov. 1
201,955 147,086 153,156
98,274
Southern consumpt'n to Nov. 1
85,000
68,000,
60,000
50,00O
1
i
1
tJD
Ift-
CO
t9
<J
M
W
If'
If
OD
^ *^ yi HI
wM
to CO
cIj
m ^I'cc *• o Ci'co'^ o
'-lOCOMC.^O&COKJC-^JOiiffitOOOtMl-':©
O '^ 0> CS to CO M M 0( 00 :c M Oi Q OS O OJ o
tcto
jUoo
O OT o
<y«
tt
fcO
j^oi
Kijoccos
01 b»V c;i"^ OiVil-
t
w o -J cc a CO
CO
-icoaoccJ-o
a -I m ce X CO X
if-
-f^
--3
Northern spinners' takings to
Nov. 25
&|!
if^
MtO
0>
M
CO
l_4tffcMC0<l
COtOCOlU
to CD Ot <1 CO CO 10
00 to tO^COOD»**H'Oi<iCO>lOMwTOjycD^OD
rf^ oi Vi'^'^q Vilo o; Cfc
ciw Ti^ loT^'cocj' 01
M
a
M
ODtO***Jt01-'GD*.X&;C>;-^0103tOMtOtOO
(£Q001t0010t01t;itOC;*0>^0'XOCDtOCOH*^
S-
2
00*
H
CO
p)cat
.£
CJO
U)
If-
•^
a
to
».
13
OQ
lt>.
l3,550,102'2,970,978 2,962,993 2,903,643
Total In sight Nov. 25
« O
U Of
M
M
O »MpO
CCOOOtf*.CO^tO
t--
(t-
M H
to
to to
wp
to to
to 10
K
O CD ,.
O CI ,_..,
CO to a
^tOUjO't'O'OCCCir^l'
*>>
o
Ci
C M c: w -J
o O
c o o a CD 01
MtO
©OtOOCDh-M
tOOCOOlCXM
MMW to
jopawciH-^
O'V.Cilfr.'tOCOO
CwCntOlOCn^CO
OOCCSCCClH'Qt
CO
cn
CI
MM
Ct^ltOClCtO^l
•-iQeowtitc^-
OOOOCOOOCCM
to
MMOO MMj>
>:>>
•
m M
to
oo*io:iu.ci»x
tOCDlolo^lOODOl
o
W®
i"*
WWrf^
tf».
MM
to CO
00 to 01 cn c"*Ci oiVi to
01 C-T 0> CO 1^ CO ' 1 rf^ »(>. CO
<| 01 00
p
-q to
a to (^ to » -^ CO oi M
i-'MW&3
MCOlOrfi.MtOO'
c;i
i^f^-^-^P
t;t;^-icocooto»ocoM-qca)Cioo»ioio
Mrf^OCCCOCOODQOOii^O^aoO^OOMQojg
.— w,
??
h-
l-'M
,fMMI.4
jf-oMioaiMM' laoc-j-qi-aow
511,290
518,321
418,737
Weather Reports b"S Telegraph.— Reports to us by telegraph to-night indicate that the temparature has been lower
during the week, with frcst and ice in some districts. Good
progress is being made in gathering the crop, and our correspondent at Palestine states that picking is practically finished
in Texas. The movement ot the crop has been in some
measure interfered with by forest fires in Arkansas, Tennessee, &c., and by a railroad strike in Texas.
Galveston, Texas, We have had dry weather all the week.
The thermometer has ranged from 48 to 75, averaging 65.
Palestine, Texas, It has rained on one day of the week,
the rainfall reaching forty-two hundredths of an inch. Picking is finished here and about everywhere e'se in the State.
Average thermometer 54, highest 74, lowest 34.
iSan Antonio, Texas.— The weather has been dry all the
week. Picking completed. Average thermometer 61, highest
—
c;i
C^IMCOODMtOtOeCtO M to to 1^01 CO *> CO
C to rf^ M X top p *jp to oi q5 o S -3 i£ w
5^ X! ^^ ^ ^ !£: Cj^ '3 ^2 to cn M cc Of o: CIO cn
SiS^S'tS^^Q^oc'-^^McoajJttoo^O'
»owoc-)ODco
602,1461
—
M to ^
to to
to COOJ
M <i
o
o <»
o <i 5
S
MMOOOODCDMCOOlrf^OoJtblOOMWcS
Q^i-'i"'
MOiOOCTtDOl^I
M CO to
x to tc M to
to
o»-cc(X>f»^cjH-too^iotoc;"OtotOi^to
Gc^cjtotOfcO*^(f.oicBeo»to^oajWOH*
1
be seen by the above that the Increase in amount in sight tonight, as compared with last year, is 579,124 bales, the increase as
compared with 1885 Is 587,109 bales, and the increase over 1884
is 646,459 bales.
It will
Y
e
2
lowest 44.
Orleans, Louisiana,— lb has rained on one day of the
week, the rainfall reaching thirty-oae hundredths of an inch.
78,
^
h
New
The thermometer has averaged 61,
Shreveport, Louisiana.— ^Mut&W for the week two inches
^'^«^« ^ "-'ll' y«a" a™ "net" tTUis yoar'.s and ninety -six hundredths. The thermometer has averaged
fi^^sc^uirttd"'"
50, ranging from 80 to 72.
^**}^ ^'''''^. ^^'^t *« ol'l interior stocks have
Columbus, Mississippi,— The weather has been very dry
rfj^r ^^\^
increased
during the week 25,560 bales and are to-night
37 354 during the week. The thermometer has ranged from 13 to 70,
bales more than at the same period last
year. The riceipts at averaging 40.
<|"m<0-3^1Co'
tt
MCI a CO CO.
Crf'CMccO'Xi-oCil
a. .- fc -j :£
£o
.
NOVBSTBEH
THE CHRONICLE.
26, 1887.J
709
Leland, Mis.Hssippi.—TelegTtim not received,
Shipmtnts far the tctsk.
Sh^tmsnis sines January 1.
Oreenville, Miimhsippi.—U hag been clouly durinf; the
Ortat
OonMOrsat
hundrttdths
of
an
rain
depth
of
eleven
inch.
Tatal.
to the
Oonttnent,
week, with
IWol.
Britain,
n«n(.
Brilain.
The thermometer has averaged r>!l, ranging; from 86 to 70.
Ottlouttiv—
ClnrksdaU, JUisstsnippf.—TelefiTam not received,
1887
00,000
127.000
326,000
Vicksburg, JtHs.sLssippi. We have had no rain all the
1886
1,000
1,000
63,000
37,000
99J0OO
week. Aver.ige tlieriiijineter 57, highest 61, lowest 27,
MadnuTelegram not receive 1.
(tlo.iter, ifisnixnippi.
1887
57,000
13,000
70,000
1880
2,000
2,000
5,000
89,000
44.000
Helena, ArkaiusdS. We have had rain on two days of the
others—
week, the rainfall reaching one inoh and seventy six hun- All1887
1,000
1,000
87,000
8R,000
122,000
dredths. Many farmers are through picking, and some have
1886
1,000
1,000
06,000
52,000
118,000
brought in their last bales. Receipts frilling off rapidly. The
Total
allthermometer has ranged from 33 to 73, averaging 49,
1887...
1,000
1,000
243,000
17.'i,000
418,000
Memphis, Tennessee. It has rain^-d on two days of the
1886...
3,000
1,000
4,000
167,000
94,000
261.000
week, and still continues. The rainfall reached ninety eight
The
totals for the week show that the movement from
above
hundredths of an inch. Average thermometer 46, highest 71,
the ports other than Bombay is 3,000 bales less than the same
lowest 23.
week last year. For the whole of India, therefore, the total
Hashville, Tenuisee. We have had rain on two days of the
week, the rainfall reaching thirty-five 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 84.
EXPORTS TO EUROPE FROM ALL 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.
Shipments
formed on Monday. The thermometer has averaged 53, rangto
all
Ettrope
ThU
Sin<x
ThU
mnee
TMs
Bines
ing from 25 to 73.
from—
week.
JanTl.
week.
week.
Jan. 1.
Jan. I.
Montgomery, Alabama. We have had rain on one day of
the week, the rainfall reaching twenty six hundredths of an Bombay
3,(K)0 1,016,000
l,OO0'l,O06,0Oo'
1 ,000
093,000
4,000 261,000
6,000 221,000
1,000| 418,0OO|
inch.
The thermometer has ranged from 21 to 74, averag- All other iwrts
—
—
—
—
—
:
—
—
ing SO.
Total
—
Selma, Alabama We have had no rain all the week. The
thermometer has averaged 49, the highest being 69 and the
7,000 1,277,000
2,000'l, 484,0001
914,000
7,000
Alkxandbia. Receipts and Sbipments.—Through arrangelowest 21.
ments we have made with Messrs. Da vies, Benachi & Co., of
Auburn, Alabama. Rainfall for the week five hundredths Liverpool and Alexandria, we now receive a weekly cable of
of an inch. We had thick fog on the 19th and 20lh, frost on the movements of cotton at Alexandria, Egypt. The followthe 2l8t and 23ad, and ice on the 20th and 2l3t. The ther- ing are the receipts and shipments for the pa.st weak and for
—
mometer has averaged 48.
the corresponding week
Birmingham, Alabama. Telegram not received.
Alexandria, Kgypt,
Madison, Florida. It has rained on one day of the week,
Nor. 23.
the rainfall reaching one inch and twenty- two iiundredths.
The thermometer has ranged from 23 to 73, averaging 51.
Receipts (cantjirs')—
This week....
Maaon, Georgia. — We have had rain on one day of the
—
—
of the previous
two
1887.
1886.
years.
1885.
I
Biuce Sept. 1
week.
1
—
Columbus, Georgia. There has been no rain all the week.
Tke thermometer has averaged 48, the highest being 63 and
the lowest
20.
—
Batannah, Georgia. It has rained lightly on two days
and the remainder of the week has been pleasant. The rainfall reach' d twenty hundredths of an inch.
The thermometer has averaged 50, ranging from 25 to 71.
—
Augusta, Georgia. Light rain has fallen on one day of the
week, the rainfall reaching thirty-five hundredths of an inch.
Cotton continues to come in freely. Tne thermometer has
ranged from 24 to 73, averaging 48.
Atlanta, Georgia. We have had no rain all the week. The
Average
first killing frost of the season occurred on Monday.
—
180,000
200,000
,296,000
1,1«2,000
This
Since
week, Sept. 1.
Export* (bales)—
This
Sinee
week. Sept. 1.
i
ThU
Sinee
week.
SepLl.
I
|
To Liverpool
To Coutiuent
97,000 11,000 92,000 13,000 74,000
46,000 5,000| 26,000, 5,000 34,000
14,000
5,000
Total Europe
*
180,000
1,213,000
_l.
19,000 143,000 16,00o!ll8,000l ^18,000 108,000
A cautar is 98
pounds.
This statement shows thit the recaipts for the weak ending
Nov. 23 were 180,000 cantars, and the shipments to all Eurape
19,000 bales.
—
Manchester Market. Our report received by cable to-night
from Manchester states that the market is dull but steady foe
We give the prices for to-day
Charleston, South Carolina,- It has rained on two days of both yarns and shirtings.
the week, the rainfall reaching t i^enty -seven hundredths of below, and leave those for previous weeks of this and
an inch, The thermometer has averaged 50, ranging from 28 last year for comparison
thermometer
4t,
highest 68, lowes.t
17.
:
to 67.
—
Sialebarg, South Carolina. Rain has fallen on two days
of the week, to the extent of fifty-three hundredths of an
inch, and on Monday and Tuesday we had the first killing
frosts of the season.
The thermometer has ranged from 24
to 71, averaging 46 "6.
Wilson, North Carolina. It has rained on oie day of the
week, the rainfall reaching fifteen hundredths of an inch.
The thermometer has averaged 45, the highest being 62 and
—
the lowest 28.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3
o'clock Nov. 24, 1837,
and Nov.
35, 1886.
Jfo».24,'87.
Jfoti.
25,'86.
(1.
Above low-water mark.
Above lo w-wator mark.
Above low-water mark.
Above low-water mark.
Above low-wat«r mark
KasUvllle
Bhrereport
Viokaburg
Feet.
2
3
6
'1
2
22
4
43
5
8
2
5
9
1
9
d.
a.
' 28 7^8
Nov. 4 738
7'a'<f0
8
®7
Twist.
d.
d.
514
5»16
514
511,8
5»i«
5»,n
7'3®610
'
" 18 7'i8 ®8'4
" 25'7'2 ®8'8
UpUls
d.
a.
7i2®6 9
7i3®6 9
7% @8
®8
»8
117% •3838
Oct. 21
Mill.
32» Cop.
10
7'2®7
d.
Ooltn
8>4 lbs.
Shirtings.
d.
B.
a.
7;t,g®7U,g5 7ia®6
Uid.
Upldt
a.
d.
7>a
7i9®6 7H
73,g®7ii,65 7iaa6 7H
7.1,8®71I.85 7'3a6 7>3 5>e
7:'8 38
5 T'aae 7''!
I5 7»o*« ""o
7% 3>s
7>8
•a7»8 15
Exports op Cotton Goods from Great BBiiAi.v.— Below
give the exports of Cotton yarn, goods, &c., from Great
Britain for the month of October in 18>«7 and 1886, as compiled
by us from the Brit sh Board of Trade returns. It will be
we
we have reduced
movement
the
all to
pounds.
lASS.
it«7.
Inch.
1
2
2
Cotfn'
8I4 lbs.
Shirtings.
32« Oo2>.
I'wisl.
noticed that
Inch.
Feet.
New Orleans
UemphU
1886.
1887.
Tam&7hread.
Tatttlot
AU,
OCOa omitted.
1887.
I
1886.
186*7.
18811.
Lbs.
Td>.
TtU.
18S7.
lesa.
I
7
Lbl.
I
Lbt.
Uu.
I
*
Below zero of gauge.
BOMBAY OECEIFTS AND SmFMEKTS FOB FOOR TEABS.
Year Great ContiBrU'n. nent.
1887
1886
1885
1884
1,000
3,Oo6
i'.obo
1,000
2]oo6
Total.
1,000
3,000
1,000
3,000
Shipments Since Jan.
Great
Britain
Continent.
1.
Total.
Receipts.
This
Week.
Tear.
372,00oi694,0OO 1,060,000 9,000 1,531,000
328,000 688,000 1,016,000 21,000 l,47-J,O00
221,000 472,000 693,000 14,000 l.O.iO.OOO
508,000 655,000 1,163,000 9,000 l,59l»,000
According to the foregoing, Bombay appears to show a
compared with last year in the week's receipts,
of 12,000 bales, and a decrease in shipments of 2,000 bales, and
the sliipments since Jan. 1 show an increase of 50,000 bales.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of January, for two
^ears, has been as follows.
"Other ports" cover Ceylon,
Xuticorin, Kurrachee and Coconada,
^i:— ^^a
_
decrease
T7,M»«
96,773, 101.S06
196
StockiDKS and socks
—
India Cotton Movement from all Ports. The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Nov. 24.
Shipments thit week.
84,834] »S,ei2) 409,967) 488,4161 74,(13((
October
Baodry
1,700
articles
Tra.m
Total exports cotton manufactures
there has been exported from the
Unitel Kingdom during October 100,603,000 lbs of manufactured cotton, against 103,403,000 lbs. last year, or a decrease
of 2,800,000 lbs.
The foregoing shows
tliat
East India Chop.— The following
pany's Limited report of Oct. 21
Keports fnim the
thi!
p»Ht
lortiiiKlit,
di.^trii'ts
Rain
liaro
ha.-i
1>C(
falliMi
is
from the Bombay Com-
:
n satisfai-torv on
tlic
whole durine
tlirmis:h.>iit llie l!cTnr»..|iist
wUcn
It
anil
was reqiiirfa, ami tliu plants havii lieiii thoiiO.y niiitcrially tKMielltcd. leas
with scasoniililo wiMtbcr honccforwar.l a .vivid little If auythini;,
nip
a
rirellciisal
.
The prospc.ts of the
i« expict.-d.
tbnu liwt year
ported to bo more proniisliip. The weather reeeiiUy lias U-cn a" ">»t
lone
could l>e de.slrod, which ha.s helperl loeatly to rep» r
bo
some time back liy exces.slve mnlstiire, ami llie yield W"
I'harem
ea«e.
<
larger th an was lately exiiecte<l w oiihl be the
I
1
1
Hatlsfaetorlly, but In some parts in, i. ii.s wen a
Uttlc too niueli rain lately. From Hroaeli and "J";"''' •",'"!'/
...?.i^
iiii>l>alile outturn
insutllcient nihi have been icielvcd. and estimates of the
rorv
of Imth the.sc crops have been eonslderably nviliieed dm iiii.- the past
very l»rgi?-tU0
niirht. The Broaeh crop, which once promlso<I to be
waraarc "proCTCSsinK
acreage pUiuted b«iug
much grcaUT than Uwt year-la now cxvcvteU
to
.
;
!
.
.
1
THE CHRONICLE.
710
•bouIv half of what
raiglit
it
have beeu with seasonable weather, but
November prospects ^"11"'^
2Sou"draUi fall bet vccu now and the end of
are expected to
SSvo anil the same mav be said of DhoUera. Both crops Oomras
are exir^'irhi"«eaaoirbut on the other hand Bengals and
than last year.
Jeeted to be a fortutglit to three weeks later
has
Jute Butts, Bagging, &c.— The market for bagging
[Vou XLV.
T'>tal balei.
Baltimore— To Liveriiool, per steamer Caspian, 890
To Bremen, per steamer \Veser (additional) 1,513
890
1,.543
To Antwerp, per steamer State of Alabama, 445
Boston—To Liverpool, per steamer Catalonia, 1,091
To Yannoiith, per steamer Yarmouth, 1.56
To Annapolis, per steamer Brunswick, 40
Philadelphia-ToLlverpool.per steamers British King, 1,830
445
1,091
156
40
3,402
....LordClive, 1,572
770
To Antwerp, per steamer Nederland, 770
itandard grades. A. light trade is doing in jute butts,
paper grades quotations are 2}ic.@2}4c. and for bagging
The
particulars of these
shipm
The Exports of Cotton from New York this week show an
reaching 36,183
we give our usual
Uble, showing the exports of cotton from New York, and the
ibection, for each of the last four weeks; also the total exports
«»d direction since September 1, 1887, and in the last column
the total for the same period of the previous year.
XF0BT8 or OOTTOH (BALKS) FBOM NEWTOBK SINCE SEPT l,18t7
last week, the total
tales, against 31,602 bales last week. Below
increase compared with
Same
Week etidino—
Mxported to—
Xnr.
if017.
10
3.
Uverpool
period
Total
since
!for.
previ'ue
year.
Sept. 1.
17.
8.566 13.794 11,968 10,774 141.246 153,924
4,362 40,074 2ti,344
3,419 4,5U3
I
atherBrltlBh Dort8
1
avre
1,S77
1,«33
1,236
2,658
13,60ai 18,279
ICO
•ther French ports
1,633
1,877,
2,658,
1,236
13,798
18,279
52
50|
150
4,314
Other ports
2,841
6,997
5,688
5,390
2,142
3,981
1,000
3,759
4,892
37.855
39 234
12,667
34,611
23,720
30TAL TO No. EUBOPB..
9,890 11.128
6,273
9,651
81,403
70,998
"7031 "l5'9
1.087
6,182
2,050
3,672
159
7,069
5,722
lOTAL Frehgh
Aremen
Bamburg
Rotter-
Sebas-
dam.
topol,
Antw'p, liarceBrem. Chris- Icna Genoi
and liana <£ <t San- and
Hull,
Jjiver' Lei k <&
Land. Havre, Hamb. Peral. lander. Naples. Total.
pool.
159 26,182
10,774 4,362 1,236 4.759 4,892
4,005 14,222 16,656
7,996 63,306
N.Orleans. 20,427
7,277
Mobile
7,277
4,400 6,463 6,300 1,850 28,525
9,512
Savannah
15,400
6,113
4,948
4.339
Charleston.
8,327
30,119
Galveston 21,792
3,184
3,184
Wilmingt'n
5,710
Norfolk ...
5,710
6,550
WestPoint.
6,550
5,890
Newport N. 5,890
445
2,878
890
1,543
Baltimore.
1,287
Bo.ston ....
1,091
4,172
770
Phlladel'ia
3,402
New York.
.
.
BpITAIN..'12,''85 18,389 11,968 15,136 181,320 180,268
SOTAITOOT.
arrang.d in our usual
nts,
form, are as follows
2J^c.@2%c.
^nalities
200,480
Total
b or
Total. .100,838 4,362 11,354 33.251 29,226 11,248 10,005 200,480
Included in the above total from Boston are 156 bales to Yarmouth
and 40 bales
to .\unapolis.
Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates
GALVE9TOX— For Vera Cruz— Nov. 18—Steamer Whitney, 1,300.
New Orleans—For Liverpool.—Nov. 18—Steamer Sculptor, 2,997
:
—
Nov. 19— Steamers Navarro, 8,250; Venezuelan, 2,492 ...Nov. 21—
Steamers Klmberley, 8,010; Bed Sea, 7,865.
For Havre— Nov. 19— SteamerGlenmarvau, 7,511 ..Nov. 22— Steamer
Canton, 4,433 Ship Caldera, 5,104.
For Bremen- Nov. 18— Steamer Atrato, 8,649.
SAVANNAH- For Liverpool— Nov. 22— Steamer Chiswlck, 3.656.
Charleston— For Havre— Nov. 21— Steamer Camellia, 3,500.
For Bremen— Nov. 18 Steamer Laurestina, 5,100.
Nov.
Wilmington— For Liver)>ool—Nov.l9— Steamer Helmsle.v, 5,500
22— Steamer Carn Brae. 4,901.
Nov. 23—
NOEFOLK-For Liverpool— Nov. 19— Bark Blanche, 3, IGo
Steamers Ponca, 5,162 Sahara, 5,445.
West Point— For Liverpool— Nov. 18— Steamer Federlco, 4,749.
Nov. 16—
Boston- For Liverpool- Nov. 15— Steamer Venetian, 3.687
Steamers Micdiigan, 4,062; Pavonla, 1,254. ...Nov 18— Steamer
.
l)'u,Op'rto,Qlbt'jt'r,&o
Another
8,138
'.'.'.'.'.'.'
Total Spain, Ac
3,138
.1
•kand Total
703
27.646 31,394 21,602 26,182 283,590 275,267
..
The Following are the Gross Receipts of Cotton
ew York,
week, and since September
1. 1887.
Philadilph'a
Nkw YORK.
JUctiyti
Dii«
wtth.
from—
. Orleani
Sinct
Sept.l.
7,460
Vexas
11.911
Bavannata
.
at
Boston, Philadelphia and Baltimore for the past
13,792
T»i»
week.
102.209
142,457
ISO.404
Since
Thit
Sept. 1.
toetk.
Baltimobi.
Since
Sept.l.
Thii
Since
v)ttk.
Sept.l.
;
Palestine, 1,770.
For Yarmouth— Nov. 18- Steamer Y'armouth. 6.
Baltimore— For Liverpool- Nov. 19— Steamer Mentnorc, 2,^67.
For Bremen— Nov. 15— Steamer Doiiau, 540.
For Rotterdam- Nov. 18— Steamer Lcro. 100.
Philadelphia- For Liveriiool- Nov. 22— Steamer British Prince,
all news received to date of disasters to vescarrying cotton from United States ports, &c,
Kimberlev— steamer (Br.), at New Orleans forLiverpool.— At lOP. M.
Nov. 21st a Are was discovered in two hundred bales of cotton
stored in the bunkers of ste.amcr Klmberley. She had 8,360 bales
of cotton on board and was to sail next morning. Damage reported
sels
968
301
Florida.
Carolina
6.7«4l
2,614
e0,983
290
12,152
i.'^aroHna
I
Ykrginla.
orth'n
8,534
70,628
12,S53
83.733
75,856
3,145
21,4I0:
3,041
p'ta
VaDn.,&r.
3.400
2,494'
3,403
37,379
788
S,S80
827
2,717
as small.
Winchester—steamer (Br.)— A dispatch from Bermuda, Nov.
Ttatarear.
Sl,280'
524.381
so.fSl
186.6M
1,195
22,043
8.81S
81,865
y««r..
M.l.'i?
511.371
l^.SSO
l.Si'.'iS!!
5.351^
41,965
ia,«50
60,799
—
Shipping News. The exports of cotton from the United
IBtates the past week, as per latest mail returns, have reached
200,480 bales. So far as the Southern ports are concerned, these
»re the same exports reported by telegraph and published in
the Chronicle last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.
Total balci.
Liverpool, per steamers Adriatic, 1,126....
Auranla, 1,106... Egypt, 2,080
Hlpparehus, 1,305
Pennsylvania, 738
Spain, 2,641.... Wisconsin, 1,778.. 10,774
To Hull, per steamer Buffalo, 3,667
3,667
Skw York—To
17, states
that steamer Winchester, from New Orleans for Sebastopol, which
arrived at St. Georges Oct. 24, wnth cargo on Are. was lying alongside the wharf there on Nov. 17, where the whole of cargo
was being discharged, about one-half of which is badly burned and
wet. Goverumcnt divers had examined the vessel's bottom, and
their report was awaited to ascertain if she sustained any damage
fi'om getting ashore while coming into port.
A fire on the new wharf at Galveston Nov. 20, damaged about one
thousand bales of cotton, part of the cargo of Ave steamers. The
steamers escaped with small damage.
1,138
I*r«ifin..
It
—
Below we give
1,012
obtle
•t>.
;
Cotton freights the past week have been as follows
Salur.
Man.
Hg
53.i®lla4
Liverpool, steam rf.
Do
Tues.
:
Wednes. Thurs.
Fri.
sail...''.'
.
To Lelth, per steamer Critic, 400
To lyondon, per steamer Egyptian Monarch, 295
To Havre. i>cr steamer LaBourgogne, 1,236
To Bremen, per steamers Fukla, 200 .. Saale, 800
To llamburg, per steamers Australia, 714
Moravia, 3,045
To Rotterdam, per steamer Rotterdam, 1 ,255
To Antwerii, per steamers Belgeuland, 1,315
Vaderland,
.'
„2^,20..,
To Christiana, iierstcamer Thingvalla, 302
To Naples, per steamer Sidonlan, 159
Hew ORLEAN.S—To Liverpool, per steamers Haytien, 5,201
Nlceto, 5,364
Professor, 6,255
Scholar, 3,607
To Ha\'re, i)er steamer Austerlitz, 4,005
400
295
1,236
1,000
3,7.59
1255
3,33,5
20 427
'.
4^005
To Bremen, i)er steamer March, 5,470
Worcester, 8,752
14!222
To Rcval, per steamers Crown Prince, 4,440
Eurona.
.
6,340... Glenmavls, 5.876
ToGenoa.per steamers Acuba, 3.482 ..Amy Dora, 4,5i4"
Mobile—To Liverpool, per steamer Heraelides, 7,277
Savaknah—To LiveriKiol, perstcamcrs Anier Head .. 5,500
Wjlo, 4,012
To Bremen, per steamer Wolvlston 4,400...'.
To Re val, per steamer Sylvia, 6,463
To Barcelona, per steamers Comnilla, 1,900. . .Winston, 3,406
ToSantander, per bark Chondor, 1,000
To Genoa, per steamer CoronlUa, 1,8.50
Charleston— To Liverpool, jwr steamer Lemurla, 4,339
To Ha%Te, per steamej- Pera, 6,113
.
To SebaatoiHJl, iier stft-imer Paxo, 4,948
'
.
.'
•ALVE8TON—ToLiveri)Ool,per8tca!nersBelllni, 4,350 Couiitess
.5.936
Cyphrenes, 4,902 ...Galvestim, 5,269. ...per Bark
16 656
7'996
7 277
9 512
4 400
6'463
5' 300
Prince, 4,227
ewport News-To Liverpool, per
ham,
,5,800
eteamer Duke of Bucking»
c.
sail
c.
Bremen, steam
Do
c.
sail
c.
Hamburg, steam
Do
Amst'd'm, steam
Do viaLelth
Eeval, steam
Do
%
c.
sail...f.
sail
40*
c.
<?.'
14^^32
'4®«3a
'
8 327
.^'isi
5710
6550
'
5 ggo
40
l4®932
>4®»32
)4®»32
>
732
Genoa, steam
d.
732
Trieste, steam .. d.'
H
Antwerp, steam d. ^8032
* Per 100 lbs.
Liverpool. By cable from Liverpool we have the following statement of the week's sales, stocks, &c., at that port.
add previous weeks for comparison.
. .
'
—
We
Nov.
1*850
6 lis
40*
(?.'
1000
4948
40*
40*
<*.
Barcelona,8teamrf.'
4'3S'»
Victoria, l,333f
To Bremen, per steamers Merchant Prince,'4,ib6""'6cean 21792
WlLMixr,ToN-To Livei-pool, per steamer RoraimaV3,i84
Norfolk— To Llveriwol.wr steamer Eiirinue, 5,710
..'!"
Wkvt Point—To Liveriiool, per steamer PowTiattAii,
6,550.
Do
,^
302
I59
.
Havre, steam
Sales of the
week
bales
Of which exporters took
Of which 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
.
4.
63,000
6,000
4,000
44,000
24,000
20,000
438,000
234,000
91,000
78,000
265,000,
248.000^
Nov. 11.
85,000
8,000
ll.OOOi
52,000
11,000
27,000
447,000
247.000
113,000
87,000
263,000
250,000
AoiJ. 18.
61,000
6,000
10,000
35,000
12,000
30,000
489,0<XI
293,000
129,000
107,0(X»
262,000
248,000
Nov. 25.
48,000
2,000
2,000
32,000
13,000
30,000
553,000
361,000
150,000
127,000
239,000
227,000
I
j
MOVBMBEB
:
\saturday, ilonday.
Miirkft,
l'.::30
)
Tuetday.
Prosaed
qntet.
I'.-M.
\
Wedne*.
Thurtd'y.
Friday.
Uarden'g. Moderate
demaad.
steady.
for «alo.
S>a
5»l«
Sia
50i«
8,000
1.000
12.000
1,000
10,000
5»a
Mill. Orl'iiH
8,000
1,000
7,000
1,000
^pecAcxp.
711
B.irley ia uD»ettled, with buyen and lellen aput.
*
malt has rtadily brought full prioea.
Dai ley
—
Exports op Bbbadstuffs ron Octubbr, 1887. Th« folmade up fruiu tho gtateinunt iaaued bv th« Bureau of
Statistics, shows the exports of domeatic br«adstuffa from the
Firmer.
under- mentioned customs dlstricta of the United Statoi for
the month of October in 18^7 and IttiO
an 1 for the four
months since July 1, 1887
;
:
51a
5»16
.-iia
^ il««
:
.
:
lowing,
5
MULUplMs.
1
THE CHKONICLK
26, 1887.]
The tone of the Liverpool market for spots and futures each
day of the week ending Nov. 25 and tlte daily closing prices
of spot cotton, have been as foUovirs
Spot.
!
50»
7.000
1.000
l,.5O0
1M7.
Brtaditufi
KapU
rourMimUu.
uea.
1887.
Futures.
Market,
l'i;30 i-.M.
Market,
4
I-.
M.
BtMtdykt steady
Easy at
Steady at
j
S-M M 4-64
5
advance.
deoUne.
partially
1-04 adv.
Z-«4adranoe.
Baiy.
Barely
•teady.
Firm.
Easy.
Steady at
}
at
1-84 de-
Tanoe.
oUne.
Quiet and Quiet and
steady.
•teady.
S
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 price* are aieen in uence and SUA*, thut: 4 63 meant
•1 bj-(jld., and 5 01 meant 5 l-64d.
1^
Man., Not, ai
8al., Not. 19.
Qu'ntlMes
Steady at
1-Mad
Toes., Not.
'i-i.
Qu'ntUiM,
Value.
Barttv, buth*
»
New rork
VoltM.
Quantttiet
Vatut.
IM
84.051
80.170,
Boston
Philadelphia
Baltimore
New Orleans
San F.AWU'm'te
Other ons. dist'a*
8'i.059
18.740
888340
844,880,
160,763
Total, barley
Corn^ buth.
82.0861
16.768
SW.OlOj
866.3311
181.040
84.177
1.125.404[
191.U5U;
6^7.337
032.25tl
186.8611
3.881.646
1.8e0,880
eM.es?
1.833.770
106.4401
842.133,
5.430
S..'i68
26.817
873.51IMI
I87,5:«,
594.785.
13.008,
137
815.2381
742.770
8-8.087|
.814.972:
8x.7«9,
1.888,638{
184.38B
88,478
1S8.52S
761,869
81,638
738.8(3
8.48U.8R5
1.341,806| 3.28i,588
1,615,649.
7,783,400
a.781.571
83.186!
48.440
47.88S
1.780:
lJ6t
188.484
118.861
3.S11
l.Stl
88.848
11
»
New Vork
Boston
Philadelphia
Baltimore
New Orleans
I0.l)18|
62.5119
893.806
San K.&Wll'mte
Other cua. dial's*
17.M82
3.II6I
56.878
126.1«0
879.133
883.006!
:
04
1
Open
fligk
Law.
Clot.
Open
d.
d.
(1.
d.
d.
Low.
Clos.
d.
d.
Open HU)h Low.
Clot.
Total, corn.
.
-
1
Corrv-»n<rtl, bblt.
NoTember.. 5 36
Not.- Dec... 531
Dec-Jan
... 5 30
Jan.-Feb... 5 30
Feb.-Uaich S31
Uar.-Aprll. i3i
April-May.. 5 34
May-June.. 5 3D
Jane-July.. 588
6 Si
5 31
5 SO
580
631
533
634
638
638
B36 835
d.
630 630 530 630
6 31
5 26
6 27
630 630
SSO 630
686
685
626
627
58»
621 585 586
688 6 85 6 88
686 5 26 6 21
5 31
5 81
5 31
6 32
5 32
634 534
636 6 36
B38 638
8 31
6 3J
6 88
Op«n Bith Low.
d.
536
KoT.-Dec... 533 533
NoTember..
5 38
Dec^an.... 5 3J 5 32
Jan.-Feb. .. 5 32 532
Feb.-March 5 38 5 3^
Mar. -April. 6 84 634
April-May. 5 36 5 38
May-Juao.. 5 38 538
June-July.. 5 40
5
Clot.
8 27
,
5 87
5 27
6 8i
6aj 529 589
5 31
5 81
6 91
633 683 633
WedneH., Nov.33. Thar*., Not.
d.
d.
it4.
d.
d.
538 5 33
5 29
5 28
5 32
5 2il
6 »8
5 28
8 30
5 28
528 688
588 529 688
629 5 30 5 99
6 31 532 531
533 5 31 533
6 33
5 36
FrI.,
5 35
,
1
d.
New York
633
Philadelphia.
6 30
5 28
6 28
5 29
830
5 32
5 31
5 30
NoT.'-.J.'J.
Open Hi«k Low.
Cloi.
Open
High,
Low.
Cioi.
d.
d.
d.
d.
d.
d.
d.
d.
5 36
5 32
6 31
5 31
5 36
634 634 6 33 isa
5 86
587 636
5 37
532
5 31
6 31
5 81
5 33
5 31
8 31
6 31
5 31
530 530 889
6 30 630 629
5 31 6 31 530
532 632 532
534 634 534
636 536 636
538 538 538
629
633
5 33
6 34
bai
636
5 37
36
632 538
6 32 583
683 633
581 636
636 6 87
538 639
5 33
6 33
6 32
588
6 40 6 41
8 38
5 40
5 41
532 532
533 633
5 33 535
537 6 37
40 589 539
d.
5 31
d.
6 89
6 39
6 88
534
533
533
539
Friday,
P. M.,
November
25. 1887.
market for the past week presents no salient feature. It has not been found practizable to maintain an
advance in pric. s to correspond with the higher prices recently
paid for wheat. The export buyers w ould not go on except at
old prices, and the looal trade was quiet, as it usually is in a
holHay week. To-day ihe marktt was quiet.
The wheat market has sho .vn less activity and excite iient
in its speculative features, though the volume of busiaesi was
quite larg"". Prices have been variable and ucsottled. Ou
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 Tuesday. On Wednesday buying for the rise was renewed with
igor, and the dicline of Tuesday nearly recovered.
To-day
the market opened dull and weak, but from sympathy with
corn it became ste.idier.
DAILT CLOSISO PBICES OF NO. 2 BED WINTKR WHEAT.
Sat.
Hon.
Tuet.
Wed. Thurt.
peceiuber delivery
87
88
8713
87%
89i6
January delivery
88%
88%
89
February delivery
8938
9014
90
90>9
S?
:
:
90ia
9113
9213
92^8
9578
delivery
April delivery
May delivery
Jnne delivery
91%
83is
93%
93%
9G%
9114
92ia
Fri.
87ia
SS^s
90
91>4
-o
9114
93%
92%
93%
?
92%
tt
93'4
93ia
9315
:
93%
December '88 dcUvery ....
96%
96%
96'i!
:
Indian corn was variable in the first half of the weak, bu t
on Wednesday was quite active and buoyant.
To-day thtr
was a further sharp advance, tho effect of an active apeculatioL for the rise.
DAILI- CLOSIMO PKICES OF NO. 2 MIXED CORN.
Sal.
Mon.
Tue».
_
Wed.
Thurt.
Fri.
,
,,
,
Cecenibcr deUvery
January delivery
Februury delivery
55%
56^
SCig
56>4
5714
Se'g
So'g
56^1
56^
56%
(->
57%
57^
57%
53%
May delivery
58i8
59ia
57^9
58%
S
Oats have sympathiz.d with com, and t&day were decided57
,g
=5
5339
ly higher,
DAILY
•>
t
,
December
delivery
January deUvery
Maydellvory
PRICES OF NO. 2 OATS.
*>'•
Mon. Tues,
Wed.
3479
35%
3478
35%
35i|
3511
35%
35%
371^
36%
syij
37
Fri.
35^8
%
g
36%
33^
715
640
650
30
Baltimore
New Orleans
San F.«Wd' .I'te
Other cus.diflt's*
'*!
*•!
4
"8,18«
4.378|
8^8
18.)i
Total, corn-meal
Oat>, bush.
Boston
1
Philadelphia
Baltimore
New Orleans.
614
48
140
'9.889]
m.»17
66,790
88,11*
82.47SJ
106375,
878.644
14.058
192
1,270
5.S86
84,758
67,990
88384
81
464
I8.92t|
127|
818:
848
1,519
1,880
111
6:i3
6'
8,730
256
l,.'i82
839
656
88*
33.972,
16.8I6
12,117
Total, oats
Oattneal, lbs.
28.531
New York
122.181
Boston
171, 14H
840
88,315
7341
18355,
44,347
18,98J
126,988
4»,«83
2.574'
6,1361
880.285
288.560
179.000
6,M4
183,676
717.001
18.480
ii)V2o6!
110,iX>0i
Total, ontmeal..
Rye, bunh.
620,842
5,586
8,250
80U
10.M6
343.910
6.3061
'
San F.aWll'm'te
Other cus.dlst's*
28
8.041,
800
7
176,9101
New York
10
64
6,906
6.807
200
...'
30
3
8]
I
.
95
7.671
25.828
San F.&Wirm'te
Other cus.dlst's'i
Philadelphia
Baltimore
New Orleans
89.794
I
New Vork
86
1
63,500
31.80J
438,850
10371
16314 3303375
89.202
1,896,481
45,298
8
8
639?
3378
321
3.500
3
8<I3
2.878,0001
8
1.060
Boston
Philadelphia
Baltimore
New Orleans.
..
San F.&WiI'm'te
Other cus. dist's''
529
415
3
1.509,885
1,308.659
281.529
361,387
382.659
65,478
468,684
283.217
182,988
287.260
860.880
45.818
486.887
804.357
1,938.385
67.542
3,402,619
2,756,334
NewYork
405.696
1.729.484
Boston
H0.679
666.415
293.792
920,097
8,016
503.915
361,890
Philadelphia..
Baltimore
...
New Orleans..
San F.iWil'm'te
Other cus. dist's*
Total, wheat
Wheat-flour, bbu
Philadelphia
65,952
Baltimore
186,1901
1.900
8an F.aWil'm'te
Other cus. dist's'
120.730
New Orleans
Total, wheat-flo'r
848
993,
87,837]
828.74-.
8,990
1,850,368
62,807
840. 19S
869.827
803,339
104,188
8S.9851
2.746,073, 8,168.71,7
653. 102,
60S,200j
4.481
14.818,298, 12,003.555
1,798,740
1,492.5 14
3,473318
2.'?24.512
4.711.387
1.152,880
6.334369
3.908,538
999.192
6.178.198
4,308,427,
3398,088
6,911,370. 6.677372. 86,591319, 31.598.617
1.277311
1,412.344
223,1861 1.117,980
878.018
804 .739
96381
83.757
12230'i
552,126
11,239,'
2.!J0B
1,008.784' 4.48;i.669
222,446:
1,013,003
17,243
8.000316
8370.888
9883B8
4,966388
13103W
157.066'
83.027,
820,535|
363,230|
288,597
337,005
1.5(10338
918.319
4,0a8.985[
3.957,789
18.004.699
lot^ils.
NewYork
Philadelphia
Baltimore
New Orleans
BanF.&vvil'm'ta
Other cus. dlst'i*
Qrand
6,088306
8328.480
0.068349
1,834343
845.108
1348,178
379,897
8,033,010
8,693.012
total..
*o.aa«,7ss
3,833.545
1.386.636
3.865.634
990,487
697,868
1,213.761
240.049
996,100
Boston
1320,938
7.512.706
6.674.487
.'11.646,804
63388,807
Value of exports from other customs districts for the month of Oct., 18J7
1771
Portland, Me..
Braxos, Texas
$9,539
a8.aM
Richmond, Va
856.713
ChicaK). Illinois
8»,8as
161.057
Yorktown, Virrtnia.
Detroit. MichUan
Oululli. Minnesota
809,890
103,018
Total..
Huron. Michigan
t88»38S
Miami, Ohio
13300
NOTc— This statement Includes about 98 per cent of the entire exports ui bue
articles named from all ports of tne country.
*
The following are
«bbl.
Fine
Bttporaue
Bprint?
wheat extras.
Mlnu. clearandstra't.
Winter shii)i''g extras.
Winter XX undXXX.
PaU'uts
Southern sutlers
eouth'u com. eztraa..
closing quotatioaj
FLOUR.
i2 253^2 50
Southern bakers' and
family brands
2 50a!3 10
9360»94
2 80a. 3 20 Rye Hour, supertlne.. 3 253 3
Fine
2 403 2 60
3 85® 4 50
2 85S 3 20 Com mealWestern, &o
2 75<»2 9&
3 25® 4 30
Braiidywinc
2 903 2 95
425® 500
2 80® 3 10 Buukwiieat floor, per
100 lbs
2 309 2 45
3 25 a 3 50
t'ae
osAur.
WheatSpring, perUusli.
Spring No. 2
..
Bed winter Xo. 2...
Red win tor
White
i
Thurt.
"
9.718
0.048
11.529
2 5
Cjm— Wesfn mixed.
West' n m xed No. 2.
CL08I.\-G
81.723
89.394
..
Boston
flour
March
Boston
T Jtal, rye
Wlieal, buth.
NewYork
BREADSTUFF S.
The
II. 157
Western wliito
Western yellow
White Southern....
H
tatoi&Pa.,Vbuab.
80
SO
87
78
80
54
® 93
a 87
S'
88
»
91
it
92
3
58I9
57>««
58 >9
59
5«
67
56
58
62
«
»
9 60
9 64
I
Oats— Mixed
White
1
I
No. 2 mixed
No. 2 white
Barley —
Canada No. 1
Two-ruwed
I
State..
SIx-rowod State....
Milwaukee No. 2...
Hall—State, 4-ro wed.
State, 2-rowed
Buckwheat
35
36
36
37
•
»
«
»
38
04
SO
35
85
•
•
•
•
•
•
•
97
....
69
4-i
37
89
85
M
.
THE CHRONICLE,
712
The movement of breadatuflfs to market is iadioated in the
New
Btetements below, prepared by us from the figures of the
York Produce Exchange. We first give the receipts at Western
comparalake and river ports, arranged so as to present the
and since
tive movement for the week ending Nov. 19, 1837,
August 1, for each of the last three years:
JUceiptt at-
BarUy.
Com.
Floitr.
Chicago ....
Milwaukee.
Toledo
Detroit
Cleveland
8t.Loul9
Peoria
lo7.S7J
5ia.lP4
49,713
49fl.Wi
4.926'
1S9.043
1:9,643
4.018,
4
..
633
l!i0,»39,
19,000
2,2.-0
Duluth
Same wk.'86.
Sxnct Aug.
1887
1888'
1885*
65.824
15.465
3!l.193
SI 539
94
120.675
108.880
6,9l'9
4,400
13,2
224,408
80,448
9S0,993J
1.9J8,800
284,372,
4.807.833
250.900
248,764
3.582,542
1,439.401
1,135.000
713,802|
50.410
2,52J,3U9
l,612,7ii8
902,191
788,713
76,678
Minneapolis.
Tot.wk. '87.|
8amewli.'88.
77U.B14
28.720
40,78»
29,807
8.450
139.383
1»0,150
80.887J
20.50J
Jim.
Blish.48 itsUu. 58tt.i
23.588
S01,9S7
472.033
6.223
270.285
58.800
3,845
45.394
7.232
Bbls.lMlbi Bash.6 0afBush.5a ih,
1,156.975
44,924
1,008,973
l.26,S,752
4.070.650
52.245,039
3,4;7.205
49,499.074 84,868.324
81.813.94l| 31,020,143
2,994,908
774.706
31.404,034 11.289.853,
38.805,1741 10.941.477; 1.085.9)2
1.661,323
8.278,041
25.140.54!)|
31.025,721
Includo one week extra.
*
from Western lake and river
Below are the rail shipments
ports for four years:
Week
Not 20.
Week
Nov 21.
Week
1884.
1885.
1886.
18S7.
Nor. 19.
Week
A^oii.
.bbls.
379,008
189,235
149,762
221,476
Wheat
bush.
540,187
386,293
1,003,654
447,979
25,427
526,401
343,083
624,528
364,587
42,690
193,345
612,798
718,717
397,344
58,008
535,229
2,303,540
1,901,289
1,980,212
Com
Oat«
Barley
Eye
Total
The
rail
and lake shipments from same ports for
weeks were:
Week
:
In
New
—
endinfj
Flour
Wheal,
bbU.
bush.
Corn,
bush.
bush.
bush.
Albany
Buffalo
2,.549,343
Chicago
4,000,711
1,523,889
2,793,024
1,694,690
642,000
82,000
5,612,690
afloat
Milwaukee
Duluth
Toledo
Detroit
Oswego
Bt Louis
Cincumatl
Boston
Toronto
Montreal
On canal &
Tot
Tot
Tot
Tot
Tot
Nov.
Nov.
Nov.
Nov.
Nov.
river.
19,
12,
20,
21,
2-2,
......
140,000
18,700
1,347,580
1,352,000
bush.
4,947
84,461
118,500
62,550
750,358
228,29U
195,420
29,500
77,612
27,702
21,945
......
50,078
26,363
120,930
37,418
70,000
507,373 1,148,307
72,000 202,000
103,584 379,397
7,720
8,823 113,020
81,875 106,320
33,116 478,517
59,260 214,110
37,565 145,777
261,794
1,464,231
5,596,257
Paiil
Mississiiipi
bush.
217,200
15,400
23,000
45,700
021,591 105,830
908,759 1,309,479
39,139
43,000
50,348
49,335
129,778
707,862
64,117
226,040
418,789
Philadelphia
Peoria
Indianapolis
Kansas City
Baltimore
Minneapolis
On
bush.
870,420 1,848,891
bush.
7,879,872
483,100
2,000
17,646
18,989
32,090
698,800
74,490
110,000
8,515
194,10»
16,800
900
14,957
12,000
756
4,249
7,200
46,310
3,200
14,409
58,930
•
20,880
867,936
1,568,700
39.680
100.000
44,700
43.000
38.871,950 0,570,884 6,468,308
37,238,887 6,933,369 6,550,006
59,551,351 12,289,408 5,650,746
'85t 54.535,343 4,140.'202 2.966,210
'84138,178,939 4,226,497 3,482,072
727,400
313,267 3,474.777
275,816 3,215,509
409,6'25 2,660,073
630.627 3,039,045
698,448 2,446,910
'87.
'87.
'86.
Minneapolis and 8t Paul not included.
t
THE DRY GOODS TRADE.
1,006,932
713,709
195,298
47,950
New
Yoke, Friday, November
25, 1887.
The dry goods trade has not shown much animation tho
2,499,118 past week, business having been interrupted to some extent
last four
by the intervention of a legal holiday — Thanksgiving Day.
Barley,
bush.
Oats,
at—
York
store
Do
22.
Flonr..
XLV.
The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, an i in transit by water, November 19, 1837
Oats,
Wheat,
Corn,
Bye,
Barley,
St
1.
[Vol.
There wtre comparatively few out-of-town package buyers in
Ei/e,
bush.
Nov. 19, '87. 514,238 1,903,239 1,203,303
Nov. 12, '87. 486,1311.753,539 1,822,904
Nov. 5, '87. 490,754 2,049,233 2,194,883
Oct. 29, '87. 466,982 1,752,8712,360,698
1,317,256
1,290,881
1,337,973
1,531,596
507,979 25,427
595,921 54,636
460,056 30,147
526,831 67,894
Tot. 4 wk8.. 1.958.105 7,581,788 7,581,788
5, ,477,706
2.090,787 178,104
the market, and selections at
light,
first
hands were consequently
while the jobbing trade has subsided into the quiet con-
dition usually witnessed at this stage of the season.
i weeks '86.1,580,134 5,728,640 5,739,614 3, 181,035 1,536,422 133,444
The receipts of flour and gain at the seaboard ports for the
week ended November
Wheat,
Flour,
—
At
19, 1887, follow:
Corn,
bush.
bbls.
Now York
OaLi,
Barley,
bush.
bush,
5,59,900 253,220
bush.
139,552 1,034,042
Boston
96,795
29,205
Montreal
14,798
114,461
Philadelphia... 30,033
62,088
Baltimore
72,771 101,752
Eichmond
3,605
15,200
Norfolk, Va....
2,961
New Orleans... 16,733
702,570
173,251
24,304
38,090
153,092
1,888
130,630
12,631
47,532
50,125
5,220
199,310
35,330
Bye,
bush.
2.400
1,975
65
1 to
November
„,
19,
bblB.
Wheat
bush.
Com
Outs
Barley
Bye
compare as follows
1887.
13,482,199
80,517,940
43.286,310
33,381,633
4.179.431
676,404
for four years:
-1885.
*1884.
12,085,189 12,107,672 12,495,598
*1886.
06,157,867
73,059,314
35,131,'278
43,474.418
77.013,091
39,480,451
4,997,321
568,'249
65.790,301
42,157,531
30,478,469
5,1.59,006
4,845,232
1,014,377
5,100,183
^
Total grain.
*
Ineliide
102,041,778 179,914,029 166,141,343 148,371,719
one week extra.
The exports from the
several seaboard ports for the week
ending Nov. 19, 1887, are shown in the annexed statement:
Sxjmrts
Jrom-
New York
Boston. . Norfolk..
Montreal.
Philadel
Baltlfn'ro
_..
.
Wheat.
Com.
Btith.
Bush.
123,870
187,293
408,930
85,910
25,000
48,000
12,656
34430
N.Orl'na.
N. News
Eicluu'd
Tot
w'k.
77,154
Bbls.
76,736
47,018
Oxls.
Bish.
4,994
Bye.
Peas.
Bush.
Bush.
1,917
25,167
12,500
93,326
86,485
462
6,817
627,8101
435,4031
262,026
4,99 ij
1,412,218'
650,3751
189,726
32,842'
B'nie tlino
1886.
Flour.
88,402
Ihe (lestination of the exports is as below.
corresponding period of last vear for r.nmp»,i=,«n
Flour.
Exports
for week
to—
1887.
Week,
Nov. 19.
Bbls.
tin. King.
Wheat.
1S80.
Wrtk.
Nov. 20.
Bbts.
138,775
13,929
20,210
9,813
6,596
Oth.o'n't8
177,443
27.049
18,785
19,610
17.949
1,190
Total...
262,026
189,726
Cont'nt..
B.&C'.Ani.
W. Indies
Brit
col's
1887.
Week.
Nov. 19.
1880.
Weel.:
Nov. 20.
Bush.
Bukh
18»',313
966,274
445,944
441,527
403
627,840 1,412,218
turers' agents because of the actual scarcity of
tione.
Fancy cotton
fabrics as dress
We add the
Bush.
321,759
99,710
5,223
7,228
1886.
Week.
Nov. 20.
Bush.
458,983
155,384
27,771
6,187
"iiiss
'"2;056
435,403
650,375
!ii2
many
descrip-
advance of pro_
duction for the coming season, and agents hold very liberal
later d. livery.
cottonades, catnlet jeans, &c., for
Fancy holiday goods
\\
ere rather less active-
than of late in jobbing circles, but considerably more than an
average bui^iness has been done in th°s connection the past
few wteks. Reports frona most of the principal distributing
points in the interior indicate that both jobbers and retailerei
are t oing a fair trade for the time of year, and collections are-
main satisfactory,
DoMES'no Cotton Goods. The exports of cotton goods
from this port for the week ending November 23 were 4,233
in the
—
These shipments include 3,0i)3
South America, 1,350 to China, 483 to the West Indies^
173 to Mexico, 109 to Aden, 68 to British Guina, 63 to Europe^
61 to Central America, and 14 to all other countries. Since
the Ist of January the exports aggregate 170,827 packages,
valued at 110,374,843. Of this total China has had 79,908
packages, valued at $3,793,637; and 37,937, packages, valued at
For the similar
$2,711,639, have gone to South America.
period of 1886 the exports to all ports reached 183,520 packages
and in 1885 were 160,455 packages. Owing partly to the depleted condition of stocks in first hands there was a less
active business in itaple cotton goods than in previous weeks,
but there was a good steady movement on account of back
orders, and the tone of the market continues buoyant and
strong. Leading makes of plain and colored cottons, cotton
packages, valued at |276,4o0.
to
flannels, cottonades,
Corn.
1887.
Week,
Nov. 19.
staple-
ginghams, eeen-mkere,
sateens, chambreys, &c., are largely sold in
orders for white goods,
Total week. 377.248 1,356,808 1.287,505
850,308 331,822 11,600
Cor. week '86.. 332,481 1,615,826 1,166,529
804,293 407,564 18.001
The total receipts at tha same ports for the period from Jan.
Flour
woolen goods on account of previous transactions, and
cotton goods in particular are very firmly held by manufac-
5,616
1,550
16,800
4,802
57,000
There
was, however, a steady movement in domestic cotton and
camlets, etc., are in
many
ca5e3 sold
ahead for months to come, and 8g?nt8 decline to make contracts f -T future delivery save " at value." Print cloths were
in fair demand and prices have advanced to 3 7-16c. for 64x643
and 3?. for 56x603, with transactions at these figures. Stocks
last Saturday and for the three previous years were as follows:
1887.
Nov. 10.
Stock of Print Cloths—
Fall River niamifactiirers.
Providence speculators
Outside speculators (est)
Total stock (pieces)
..
1886.
Nov. 20.
1884.
1885.
Nov. 21.
Nov
16,000
44,000
50,000
57,000
131,000
42,000
25,000
204,000
157,000
250,000
75,000
407,000
321,000
320,000
150,000
807,000
255,000.
686,000 1,198,000
Held by Providence niaiiuf rs.. 197.000
22.
NOVBMBEB
20,
THE CHRONICLE.
laST.J
713
Priots were in light and irregular demand, bat (tocka ar«
well in hand, and prices a-e Arm in sympathy with ptiat
Oinghams, seorsuckerg, Scotch zephyrs, chambreys
cloths.
[?.»ll
:
and eatcens were severally in fair request, but transaction b
were almost wholly for later delivery. Quilts, scrims and
white goods wrro rather more active, but table damasks and
towels ruled quiet in
first
;
^
hands,
DOMKtTic WocLXN GooDi.— There was a steady movement
MHU
»9
in light- wei;;ht clothing woolens in execution o( back orders,
but new business was restricted in voliim<?, selections having
leen chit fly confined to a few specialties in cassimeres, suitFor heavy clothing woolens
ings, cheviots and worsteds.
there was a light reasserting demand by wholesale clothiers
and jobbers, andcloakings were more or lea « quiet. Jersey
cloths and s ockiaet^ were fairly active in commission
Kentucky
circles, and (?e&ira'--le mites are flrmly held.
jeans and doeskins were ia moderate requeat, as were satinets,
and prices remain steady. All-wool dress goods were in very
fair demand for next season, but worsted dress fabrics were
Flannels and blackets were distribut<^d in
xnoetly quiet.
relatively small parcels to a fair amount, and there was a
ght business in carpets, ehawlc, skirts, wool hosiery and
heavy shirts ard drawers.
FOKEIQN Dry Goods.—The market for imported goods has
lied quiet, selections by jobbers and retailers having apparently been gauged by actual requirements. Silk goods wore
meagre demand, and dress goodj were lightly dealt in, as
rere clothing woolens. Housekeeping linens, handkerchiefs,
sees, embroideries, hosiery and gloves were distributed in
aoderate quantities private'y an through the medium of
be anc ion rooms, and desirable makes are fa'rly steady ia
>MMIOW
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Importations of Dry Good*.
O-i
Rea
Cobb
Estabrook,
Wood
Co.,
BANKERS AND BEOKEES,
STATE STREET,
Street, Pittsburg,
PUILADKLPUIA STOCK KXCHANOEa.
and Bonds Boneht and Sold
E.
W.
Binksy, jb.
Wilbour, Jackson & Co.,
BANKBRS AND BROKBBS,
WEYBOSSET STREET,
R.
Wire
to
I.
New York and
on deposits.
Members of the Philadelphia and New York Stock
Bzchanges, and connected by private wire with New
fork.
Boston.
Co.,
of Baltimore Stock Exohiinge),
BALTIMORE.
aNVESTMKNT and 80UT1IKUN SECURITIES »
and Information
M. y. Corres!x>odent«—McKlm Brothers
* Co.
IN
SECURITIES.
New
ALL KINDS
Oil'
York.
for-
W.
C.
Harjes,
Branch
&
Co.,
Stats Bank Btnu>iMa.
BIGHinOND, VA.
Oerlacli,
ic
CHESTNUT STREET,
PHILADELPHIA.
Members of the Philadelphia and New Tork Stook
Exchanses.
Cable Transfers, Bills of Ezchanse and Letters of
Credit.
PITTSBURGH,
PA.
1871.
Private wires connecting with Washington, BalU*
more. Phrudelphia and New Vork.
TUOmAS BRAKCU
A: CO.,
BANKERS AND COMMISSION MSRCHANTP.
BICHinONO, VIRGINIA.
Circulars und information on funding the debts of
and North Cari^iima free ef crwt; (.me-clKhth
porcont cbartiPd for furdtne. f^outbern KallnHUl
and State and City Bonds bouubt and aold.
Vlrjrlnia
&
Stephenson, Robert Garrett & Sons,
BANKERS,
BANKERS AND BROKERS,
No. T SOUTH STREET,
No. 5T FOURTH AVENUE.
Whitney
mpmhAm N.V. Rf/wV
TRANSACT A GENERAL DOMESTIC AHD
FOREIGN BANKING BUSINBS*.
Wm. Kaiblst
H. B. Morehead
&
STOCK,
BALTIMORE,
Wvr-hangn.
H. B. MOKEnSAD.
Co.,
K8TABLIS1IEO
P.
BOND AND NOTE BROKERS,
ISTI.
&
Co.,
F. Keleher
817 OLIVE 8TEEET,
ST. LOUIS.
ipeclalty.)
C<irre«pondonce loHclted
olahed,
&
Gerlach
n^ESTERN.
BANKERS AND BROKERS,
(Members
BROKER AND DEALER
BANKERS AND BROKEBe.
Succetsors to Narr
Oldest Plttshnrch
&
ATI.ANTA.
Humphreys Castleman,
Referrncee— Atlanta National Bank, Atlanta, Ga..
and Fourth National Bank, New York.
BALTIMORE.
Wilson, Colston
every flftcen minutes.
St., Ptalladclplila.
I8TABUSHXD
Dealen in Commercial Paper. Government and
^ther flrsUcIaaa Bouds ana Hecuritles and ForeiKO
KxcUanffe.
Private Telecraph
Buys and sella, on commission all classes of Stocks
and bonds
NeKotiates loans on marketable securities.
New York Quotatlans furnished by private ticker
Railroad, Municipal and other desirable Investment Securities for sale.
TransactaKencral banking business. Allow Inter-
No. 36 Soutb Ttaird
charlksH. Shkldon.Jb
PROVIDENCE,
Co.,
GA.,
Bonds and Stoclcs bought or sold on commission.
Georgia and Alabama Securities specially dealt in.
Correspondents— Tobey X Kirk and A.itutenhofer,
No. 437
No. S3
&
Clark
BANKERS AND BROKERS
In all markets.
Wiujam
Pa.
SAVANNAH,
SECURITY BROKER.
est
BOSTON.
IMEMBGRS OF BOSTON. NEW YORK AND
BiMjAjiiN A. Jackson,
A. L. Hartridge,
BANKERS AND BROKERS,
&
A. Evans
Joshua WrLBoiTB,
Co.,
Philadelphia Stock Eiohangei.
PlttabnrK Petroleum, Stock and Metal Bxc^jange.
Private wlrea to New 7ork, Boston, Phll£.delpt.ia,
Baltimore and Washinfrton.
OMUers In nanlclpal, State, Railroad
and United States Bonds.
Oi OJ 10 '^ to
SOUTHERN.
MEMBERS
ALSO,
'Stocks
&
Bros.
e'-'bcccd
^orli.
g^jew
New Fork and
BMBERB OF THE NEW YORK AND
BOSTON STOCK EXCHANGES.
No. 63
of
BANKERS AND BROKERS,
AND DBALBUS IN rOREIQN BXCHANQB,
4'i5
BOSTON.
[rving
@ut
10 ii » *. 3
t- A
»MW
c to X o o
»-o
PENNSYLVANIA.
BANKERS,
CUKGHESS STREET,
No. 35
W»-.1^0>
P.-l
OWh-O-l
gt0fecrB
EKGLtAND.
&
MjOWMOO
v< to
:
Irewster,
if'touif-i!
00 to
CO to
50 V]
*.'->O^05
The importations of dry goods at this port for the week
ending Nov. 24, 1887, and since Jan. 1, and the s.ime facts for
the corresponding periods of last year are as follows
NEW
;8uuxp
a
h-'
tOWUIWOJ
airtX
W
Q w' lO
cc to to w d
:/t
;.T
price.
gattUetB
ODC-iiaoop
0535
1
No.161
Westimird
Street,
CINCINNATI, OHIO.
Western Securities and Local Boad^
Stooiu and prime Commercial Paper.
Deslan
in
:
THE CHRONICLE.
714
"^vnst ©ompauijes.
®0mpatites.
'X^xnst
OF NBTT TORK,
78 Broadway, cor. Rector St., N. T.
111,000,000
•••---
•rRPixTs",
|3,60o;ooo
AnthoHied to act as Bxecntor, Administrator
guardian. Receiver, or Trustee, and Is
A LEGAL DEPOSITOR? FOB MOfTEY.
Accepts the transfer agency andrenlstry of stocks,
»rd acts as Trustee of mortgages of corporations. at
Allows interest on deposits, which may be made
any time, and withdrawn on flve days' notice, with
Interest for the whole time they remain with the
For the' convenience of depositors this company
»lso opens current accounts subject, In accordance
with lis rales, to check atsleht, and allows Interest
«pon the resulting dally balances. Such checks pass
through the Clearing House.
Co. The United
States Life
Insurance Co.
depository for moneys
IN THE CITY OF NEW YORK.
authorlied to act as guardian
R.T. Wilson,
Wm. F. Russell,
8. T. Falrchlld.
C. D.
I.
D. C. Hays,
C. Vanderbllt,
Charles U. Leiand,
Edward King,
B. B. Wesley,
D. H. McAlpIn,
Seorae B. Carhart,
"Executors. administrators, or trustees of estates,
of
and females unaccustomed to the transaction
business, as well as religious and benevolent institutions, will And this company a convenient deposit-
oryformone^^j^
President,
OBOBGK BLISS. Vice-President,
JAMES S. CLARK, Second Vloe-Pres't
LOUIS
EDWARD
JAMBS M, MCLBAN, First Vloe-Pres't,
JAMBS H.OGILVIB, Second Vice-Pres't.
0' BONALDSON, Secretary.
W. KELLKY,
Assistant Secretary.
& Trust
American Loan
113
Co,
81,000,000
THIS COMPANY TRANSACTS A GENERAL
LOAN, TRUST AND FINANCIAL BUSINESS.
Receives Money on Deposit subject to check, and
allows Interest on balances.
All Checks pass through the Clearing-house.
MAKES INVESTMENTS OF MONEY.
ACTS AS EXECUTOR, ADMINISTRATOR,
GUARDIAN, TRUSTEE, ETC.
ALSO, AS REGISTRAR AND TRANSFER AGENT,
IV An Authorised Depository for Court and
County Treasurers' Fund.
ROWLAND N. HAZARD^ President.
GEORGE S. HART, Vice-President.
WILLIAM D. SNOW. Secretary.
JAMES 8. THURSTON, Treasurer.
DIRECTORS:
wallace c. ansriws,
6x0bgs h. potts,
Ira Davbnpobt,
John l. Macaulat,
William n. Snow,
James m. vabnum,
John d. Kimmkt,
John I. Blair,
EDWARD F. Browning, Frederic A. Potts,
Rowland N. Hazard, John Ross,
George s. HART,
Alexander G. Black
Frank C. Hollins,
Wm. B. Diksmorf,
Elias Lewis, Jr.,
Thomas L. Watson,
JULES aldigb,
Ellas C. Benedict,
8TITENS0N BrREI,
WILLIAM P. ANDERSON.
The Union Trust
eil
AND
Co.,
All trust assets kept separatt
from
those of
CAPITAL.,
.
.
Chas.
8.
Smith,
Assistant Secretary.
_^
tlit
Wm.
J.G. READING. V.-P
MAHLON B.8TOKK8. Treasurer
4 Secretary.
WM. H. PRICE, Trust Officer.
DIRECTORS.
J.SImpsonAfrlcalAlfredS.Olllett, Joseph Wright.
aP.Tnmer, M.l.iwm. S. Price,
John T. Monroe,
W.J.Nead,
|Thos.R.Patton, J.G.Beading.
y?.-.% Lucas, D.H.Agnew.M.D Jos. I, Keefe,
Rob't Patterson. Theo. C. Engel. Jacob .Navler
Thos. G. Hood, iBdw'd L.Perkins. William Watson
W
Glen Riddle, Pa.; Dr. George
BMiir,tiiKKiooLKO.l-a.;ilenrys.Kckert, Reaijino"
Bdmund 8. Doty, Mikflintown; W. w. II Unvis'
DoYLEsrowN R. B. Monaghan. West Chester.
eUusnel Riddle.
Hnxs BciLDiNO,
PAII>>i;P
35
Wall St., New Yoek.
- • ^1,000,000
CAPITAL,
Designated as
a legal depository by order of
Receive deposits of money on
Supreme Court.
fOterest, act as fiscal or transfer agent, or trustee
'or corporations, and accept and execute any legal
'nut« from persons or corporations, on as favorable
•rmsas other similar companies.
THOMAS IIILLHOuSb.
rRBDKHIC
CUARLB8
D.
M.
President.
TAPPEn", VlOe-Presidmf
JB8UP
BeoreSry.
"
by this Company are indispitT
Co.
.
years.
All Death Claims paid wrrHotrr discoukt as soon
as satisfactory proofs have been received.
This Company Issues all forms of Insurance, including Tontine and Limited
on-Forfeiting) Tontine.
One month's grace allowed In the payment o(
Premiums on Tontine Policies, and ten days' grao«
on
all others, the Insurance remaining In full foro*
during the grace.
Absolute security, combined with the largest liberality, assures the popularity and success of this company.
OOOO AGENTS, desiring to represent the Com
pany, re Invited to address J. S. GAFFNBY, Super
Inter dent of Agencies, at Home Offlce.
lauBs.
8300,000
.
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 management nf real estate, and insures titles to real
estate and mortgages.
Bank of
OFFICERS;
Preeldent-FRANK K. HIPPLB.
Secretary-WILLIAM R. PHILLER.
Treasurer— WILLIAM
NORTH.
F.
Real Estate Officer— THOMAS B.
PBOSSBR.
DIRECTORS;
George
Edward
Philler,
T. Steel,
Charles
W. Henry,
John
Thomas Dolan,
John Wanamaker.
R. Date Benson.
Solicitor—
fits., Brooklyn.
This company
anthorlced by special charter to
act as receiver, trustee, Kaardlan, executor or a<!lmlnIs
Istrator,
It can act as a^ent in the sale or management of
real estate, collect interest or dividends, receive re-
and transfer books, or make purchase and sate
of Government and other securities.
ReliKious and charitable institutions, and persona
unaccustomed to the transaction of business, will
find this Company a sale and convenient depository
KIPLEY KOPKS, President.
for money.
W.COKLIBS. Vlce-Pres't.
gistry
EDMUND
JOBlah O. Low, |E. F. Knowlton, ,H>yE. Sheldon,
Alex. M. White, John T. Martin, C. D- Wood,
Fred. Cromwell, Wm. H.Male,
A. A.. Low,
Alex. McCue,
John P. Rolfe,
Ripley Hopes,
Mlch'l Chauncey. K. W. Corlies.
Abram B. Baylls.
Wr™, B. Kendall. H. K. Pierrepont.lH. W. Maxwell,
,
Jamks
of London, London.
I'he
J . 8.
C,
N.
Texas National Bank,
SAN ANTONIO, TEXAS.
0OLLKCTION8 AND INVESTMENTS MADE.
Correspondence Invited.
MERCHANTS' NATIONAL BANK,
RICHmOND, VIRGINIA.
Collections made on
terms; prompt returns.
JOHN
F.
Olevx,
WE
all
JOHN
Cash.
SOLICIT
Southern points on best
__
P.
BRANf^H,
Fred.
President.
R. Scott. VIoe-Pres.
THE AGENCY
OF
BANKS
BOND& NATIONAL
At a Cbarge of $5 per .Annnm.
At Auction.
The Unden Igned hold
Cashier.
A. A. Aliiandkr, Cash'r.
Alkxakdicr, Pres.
lioss CiTBRAN, Secretary.
C. Colton. A98t. Sec*y.
and
Wiley,
to Collections.
FIRST-CLASS FACILITIES.
New York Correspondents— The National Park Bank
a'-d Seventh Ward National Bank.
Fretjehick
STOCKS
P. A.
Pres't.
Bank of Durham,
N.Y.
$1,000,000
-
I
DURHAM,
The Brooklyn Trust Co.,
Cor.of Montatnie and Clinton
S'j.'iO.OOO
This Bank has superior facilities for making Coland out of the city on the most liberal
terms, and with careful attention to the best Interests of its correspondents.
CORBESPoxBEXTS:— Importers' & Traders' Nationii: Bank and Chemical National Bank, New York;
Merchants' Loan & Trust Co.. Chicago; Union Bank
Pay Special Attention
GEORGE JUNKIN.
CAPITAL (FULLY PAID)
!4nrplns
lections in
F. Bets,
William M. Slngerly.
Y.
Wm. C. Cornwell, Cash'r.
Jkwbtt, Pres.
S. 8.
Capital. ...8300,000
W. T. Blackwell,
Frank K, Hippie,
Henry C. Gibson,,
Lemuel Coffin,
Beauveau Borie,
Buffalo,
BUFFALO, N
REGULAR
GIIEEN & CUNNINGHAM,
AUCr^TO^
Real Estate Brokers,
F STREET, WASHINGTON, D. C.
Reference: Hon. A. U. Wtman, Kx-Treasurer
1405
8Al,£a, of aU olaBses of
STOCKS AND BONDS,
U.
8.,
Omaha. Neb.
ON
WEDNESDAYS AND SATURDAYS.
ADRIAN
No. 1
H.
MVLLER &
SON,
PINE STREET. NEW YORK.
Investment Securities
BOUGHT AND
ir ANTED
;
Metropolitan Trust Co.,
T. Standek, Actuary.
belong to the Policy-holders exaln-
All Policies Issued
vaults.
deposit at Intere it.
SIMPSON AFBICA.Pres.:
profits
President,
A. Wh«»lwbioht, AssI Sec.
ilvely.
Receives Trusts of every description,
Com-
Repository for Western Mortgage loans, bearing 8
snd 7 per cent Interest. Principal and interest guar-
BURFORD,
Receives deposits of money payable by check and
.
Burglar- Proof Safes to rent at $5 to |50 per annum
Wills kept In vaults without charge.
Bonds, Stocks and other valuables taken under
Mcney received on
W.Bay'rdCutting
TRUSTEES,
PHILADELPHIA.
»inv-
Edward Cooper,
or PHILADELPHIA,
No. 1340 Chestnut Street.
CHESTNUT BTBBBT,
618
Authorlied Capital
11,000,000
Paid-up Capital
500,000
Acts as Executor, Administrator, Assignee, etc.
and executes trusts of every descrlptton known to
the law.
J.
HAMPTON.
G. H.
rAll the
1860.)
& 263 Broadway, New York
Fbai,! igh. Sec.
0. P.
allows interest thereon; also receives forsafekeeping securities and other valuables, and
rents safe deposit boxes in burglar-proof
BROADWAY, NEW YORK.
Capital, Fully Paid
George Bliss,
William Libbey,
John C. Brown,
THE
Estate Trust
Real
O. Q. Williams,
Wm. Whltewrlght,
E. B. Wesley,
James McLean,
C. D. Wood,
Geo. C. Magoun,
A. C. Klngsland.
O. C. Bays,
KING, President,
G.
261, 262
ABLE after three
TRUSTEES:
Johnll.Rhoades, Wm. Rockefeller,
K. Orr,
Wm. W. Phelps, i.^nson P. Stokes. Alex.
Wm.H.Maoy, Jr.
D Willis James.iKODt.B.Mintarn,
Geo. H. Warren.
John J.Astor,
HENBY L. THORNBLL, Secretary.
EXECUTIVB COMMITTBE
A.
STEWART,
A.
Edward Schell,
Amasa J. Parker
Samuel F. Barger,
Chauncey M. Depew,
C. Magoun.
Geo.
Robert Lenoi Kennedy,
A.
(ORGANIZED IN
DEPOSITS,
James Low.
A. A. Low,
O. O. Williams,
B. G. Remsen,
J. B. Johnston,
James Forsyth,
ALLOWED ON
which may be miide at any time and withdrawn
afterflve days' notice, and will be entitled to interest for the whole time they may remain with the
I
H. Frothlngham,
George A. Jarvls,
Wood,
James N. Piatt,
This company Is a legal
paid into court, and is
or "nstee^^^g^
I
James M. McLean,
Ambrose C. Klngsland,
James H. Ojrilvie,
Henry A. Kent,
OF NEW YORK.
No. 49 WAI,!, STREET.
S«,000,000
Capital nnd Surplns,
Charles B. Bill, John A. Stewart,
WUson G. Hnnt,iS.M.Buckrgham.
Thos Slocomb. H?K. Lawrence,
Clinton Gilbert, Isaac N. Phelps,
Daniel D. Lord, IKrastus Corning,
8. B. Chittenden,
Samuel Sloan,
TRU8TEB8:
Wm. Whltewrlght.
3xisxxvmxct.
States Trust
Union Trust Company United
CAPITAL.-
[Vol xlv.
COLORADO CENTRAL
Southern Central of N. T. Ists.'
Mlddletown Unlonville * Water Gap 5s
Indianapolis 8t Vlnccnnes Ists and ;ms.
Scioto Valley Bonds, ail Issues.
AI.BERT
Consolidated
Mining Co.,
48 EXCHANGE PLACE.
Paul LiCHTissTinN,
President,
_ __,,
E. T |MAKTIN8KN,
IW»__Trea8urer.
1.
H. R. Baltzbb,
W.
B.
MANTIU8,
Secretary.
'^-.j
E. HACHFIELD,
No. S>< Pine StrMt.
N. W. Harris
CHICAGO
Vice-President,
^CG. W. HALL, Snpt.
SOLD.
t
DHKinC
DUI'iUO
&
Co.,
and BOSTON.
of Counties, Cities, Ac, of high grade a
specialty.
Hendfor Deacrlptlve L>Ute»
@FedFRASER