View original document

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

financial

xtmtk

omttttiiwfl

HUNT'S MERCHANTS* MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATES

YOL

NEW

43.

YORK, NOVEMBER

"giimncUiX,

27,

^inatuciala

^iuaujctat.

AMERICAN
YORK.

DIAMONDS.

IPLI

I

•

-

a«>r Ixra mf *UU af ttm
Ummttmmttrl 1ST*.

Encb wrJ'-s AXO

F*in2n-KXS

&

Alfred H. Smith
Tart,

Co.,

IMPORTERS,

ItML

182 BroAdiray, Cor. Jokn Street

or

Btooka and Honda booght and aold on Commlaaloa,
In Mining Btooka, and In Dnllatal
Becarttlea. CollecUona made and loana negotlatad.
DlTldeada and Intereat collected.
Deposlu raoalrad rabjeot to Draft.
Intareet allowed. I
aa l iitan t eecnrltlea « ipeelalty
We laaae a Wnaaelal Beport weeklf.

Ordan recelTed

Joa. C.

fRAJK

Foralcn Governmanta.

ENGRAVING AND PRINTING,
J««TM. RHARE CrBTiriCATKB, WOTTO*
roH eOVEIt.HJtE.fT8 AND COBPOKtTlONI,
PKAFT*. CHKCXa. BILM •F EXOHAJTO*.
•TAlirB, A*., la Um iacM u4 BMt artlaUa atjia
riAV STKEl. PIATM.
VKUL lumrAna la nuiui «« iiiuuiiMk
M»

af tW C awpiay.

•AFETY COLORS.
Wark E»««la4

SAFETY PAPIRSa
l<«D4l«ab
piiMTwa.

la rir»»r.«f

umouunae mo

nn

SOLID SILVER.

GORHAM

M'fg

Co.,

Broadway and Nineteenth Street,
AKD 9 MAIDEN LANE.

VlCA-PEESIDt.TrS

A. D. SHEPARD.
TOURO ROBERTMIL
«. IL SNILUE.
ntta K FREELAND. SaeO u4 Tnaib

Co.,
Bros.
BANK BRB,
niLWAUKKE, \ns,

1 ACD0N0U6N,

Maverick National Bank

...
....

A*«maU

9400,000
9400,000

-

COLLBCnuNB

Oar faaHNIaa

for

COLLBOTIOXS v*

anr part of the ennntrr
Aoouuula of Baiok*, Marobanu aoa

at lowaat rataa.
otkacB •oUettaO.

Rxna TO—

;

Robison,

BARKEBS AND BBOKKB8,
Ho. % Kzehanc* Ooart, Hoar Tork.

•zeallant

TxaTO-tomL

C.

*f talaciaph Ibroafhoat tha Ciilta« BUtaa
> koa«ht aad aolil, and exehaaga*
Bwdafor bank* without extra okarita.
Wa kara a markat for prima Irst-olaaa Inraatmant
aaantiaa. »nH nrlU propoaaU from Stataa, CooaMaa aa4 Qtlaa, vhaa liaahia bonda.
Wa«aa«aaaraihaBkla«baalnaaa,ao« larlU oor-

ABA
«•«.

P.

POTTEB,

W. WOBK,

Pr«Bldcnt.

Naav Tork.

«nrr a nvxn. Maaikar R. T. gtoek Bzeh.
BaaaaaukBB Waaroa

STOCK BROKER.
Lansdale Boardman,
irVW TOBK, 80 BBOADWAT A B ITSW BT.

T««T,

n. T., Ba. 17 riBST BTBBBT.

A.

Coveapondence

to.

H.
T3

Ac

T4

BBOADWAT, NEW TOBK.

DEALERS I.V OOVBKNME.VT, MUNICIPAL AND

DEMAND
.INTEREST

E. L.

IlEPOSIT

and forelaa rxchange.

Oppenheim
ClSTABLISHXI)

& 63 New

Bdwanl

Roberts

&

SCBWABZ.

Schwarz,

tpeclaltj of the bnjlng, aelling

and

We aoUdt corrupondeaoe.
L.al>ATaBOP. OaOABB.8MinL J.B.OUPHANT.

k

Oliphant,

BA.SKERS AND BH0KEK8,

37

BROAD

ST..

NKW TORK,

• PACIFIC AVB., CHICAGO.
Mambera New Tork Stock Exchange. New York

O«t*oa Asohaage, and Board of Trade, Ckleage.

Co.,

«fe

17

NASSAV STBBET,

NEW TOBK.

MATNABD C. BTBB.
HavBT B. Ooooi, Waahlnjrton.D.O.
Wh. R. Tbatbhs, Special Partner.

ptactni of Brat mortgage bonda of rallroada, water
worka, gaa woaka and other OnUolaaa corporation*.

Lathrop, Smith

Walter Pel. Mar

Makx)LM CAUPBgLL. Member of N. T. Stock Bxoh .
H. CBDOIB OAJU,>r,
jAJUa WHTTBLT,

INVESTMENT SECURITIES.
make a

Leonabd Stbisi.

Oppenheim.

BANKERS AND BBOKERS,

(HIEiLS BUILDING,)

Wa

L.

Street and 42 BroadwAf.

Orrica, 91

Inatltatlona.

PAITI.

18SS],

Alexander Campbell

aret-claaa InreatBaat Becaritlea,

M. ROBCBTS.

& Co.,

BANKERS AND BROKER*,

Particular attootwm ifireoto iDveatmenta for Cap-

8.

ACCOUNTS RECBIVBD

ALLOWED ON DAILT BALANCES.

Bkahch

BKOAD

Tmat Funda aad

Co.,

Tranaact a General Banking Bnalneaa,

61

Co.,

BT., If. T.
Biriu>iMO), 19
Mamt>er* of the New Tork hu>ck Kz'^banxe.
orderaon coniml8aloufurBenda.8tocka
Bxaenta

ttaliata.

&

BANKERS

BANKBRB AND BROKERS,

Daatlera la

solicited.

B. Hollins

B»,->»-"y*

Kohn &

(KiLU

Cuhlar.

TIKKER * WESTON,
BAHKERS AKD BBOKEB8,
•, % XOHANOB GODBT,

ponded

Wiluah Robisoh

Mambera New Tork Stock

T.

Streeta.

CBbaxch OtncR, MO Bboaowat.)

8. OoraniBant BoonrltlM
BoBd* aad
Boai^t and Bold on Coanalaalon.

Wa dnv oar

owa axakaaca oa LoaAoa aaa tb«
lA aaUa OMa traaafar* and pLoa

Ifoa.

C

Staak*,

Wm.

taMM.

Trowbridge,

ItAILKOAU SECURITIES.

&

Floyd- J ones

Mambera af the New Totk
Btook Bkchanaa

BANKER AND BROKER,
9 Ac 5 Broad or 39 Wall

In

Marehanta' National Buik and Bank of North AmerMa, New Tork Marohaau' Mailonal. Chicaiio; Mar.

Buka, Baakara and CorporaUon*

of

made

artek National, Buatoo.

BOSTON, MASS.
CAPITAL,
•rBPLUS,

&

Houghton

:

)

DiCKlMao». S

F.

Member of the New York Stock Exchange. Director of Merchant*' Exchange National Bank.
American Sarlnga Bank, American Bafe Depoalt
Companj. Ac, Ac.
Becurttlea bought and sold on pommlaslon, for
caab or (>n mirgin. All Inqulrlea gratnltoaaljr r«a-

or impkovkd
AiLWAT TicKinra Lakala, l'aUra4»n. »•
•k«« •arda.
BLANK BOOKS OF EVERY DESCRIPTION
ALBERT 6. COOOALL, PrMWent

Walcott,

F. E.

»

k

Co.,

m

•ONDS, POSTAGE A REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES of the UNITED STATESl and fof
fe&!TK

&

BANKBRB AND BROKBRS,
If*. 94 Plaa Streat, Reir Tork.
TranBAct a GenerAl BAnklng Bnginess

78 TO 86 TRINITY PLACE,
WmI»iii r.MJl* ITMk

Ca Walcott

Je

Bank Note Company,
NEW

NO. 1,118

1886.

!fO.

Prince & Whitely,
64 BBOADWAT, NEW TOBK.

RB A w/TW riaairaa ) "* ^'^^ At*., New Tork.
BBAifCH OFH0«»Jjfl„,5t^gt^_virBahlngton,D,0
Bn7 and sell on oommlaalon all olaaaea of BallroaA
jeonrltlea^lao Oraln and Provialona.
Pnrata Telegraph wlrea to Philadelphia, WUmlng.
con, Baltimore, Waahlngton, Bridgeport, Now Uaran

^^

Hoaton and Pltuborg.

W. H. Goadby &

Co.,

BANKERS AND BBOKBBB,

H*. 94

BBOAD STBBB1,
Hair Tark.

THE CHRONICLR

tt

lawlicrB

&

Morgan

Drexel,

grawcrs of i^oveian

atjjft

Drexel &

No.

of Sth ACbeatnut 8U. 81 BoQlevard

'Jot.

raiLADELPHIA

& Co

HaoMmann,

PARIS.

.ATTORNXTS AND A0EKT8 Or

•

fort oxiii,

n.

AND THEIH CORRESPONDENTS.
Draw

J.& W.Se]igman& Co.
BANK
No. 33

Brothers & Co.,
NEW YORK. Boston.
4ND
ALEXANDER RKO\»'N & SONS

Phila.

BALTIMOKK

Available In any part of the world, in Francs for
ase In Martinique aiidUuadaloupe, and In dollarsfor
sse In this and adJHcent countries.

TeleKrapliic TranoferB of

BetHreeu

tills

IAKE(;(»I.L,ECT1<»'8 OF
abroad on

Money

Couutrr uiid Europe.

DKAFTS

drawn

points in United States and Canada,
in the United States on
foreign countries
and their London bouse, Messrs. BROWN, SHIPLBT
A CO., receive accounts of American banks, flrma
and Individuals, upon favorable terms.

&

Ofler Investment Securities.

C. J.

BANCHESTER & COUNTY BANK,
"LIMITED,"

BDINBURGH AND BRANCHES;
OABLB TRANSFERS AND LETTERS OF CREDIT.

John Munroe

&

Co.,

No. 32 Nassau Street, Nenr Yolk.
No. 4 Post Office Square, Boston.
Circular Letters of Credit for Travelers' Use
Abroad aKainst Cash or Satisfactorj
Guaranty of Ke-payment,

Bxcbange on London, Paris, Berlin
and Znrlcli.

Ruckgaber,

CORRESPONDENTS OF THE

International Bank of London
(Limited), London.
Messrs. Jolin Kerenberg, Gossler dc Co.

Uaiuburg.
Messrs. Marcnard, Krauss & Co., Paris

DRAW ON

&

Co.,

BANKERS AND BROKERS,

Acts as Financial Agent In the neKotlatlng and
marketinK of Securities. Deals in Bonds— Corporatlon. Railroad, SUle. Municipal, *c Executes orders
on commission in Bonds. Stocks. 4c Collects Interest
and dividends. Receives money on deposit, ailowIng Interest.
As de»lrabie lnve.<<tments offer, will
Issue its Debenture Bonds, secured by its capital and
assets.

Officers

:

WILLIAM BROCKIK, President.
BARKER,

HENRY

.•^,¥^,Ji;T",'"*
iT„.»i.-„ M.
HOYT, Jr., Treasurer.

yice-P esldent.

Heidelbach,
Ickelheimer & Co.»
39 WILLIAM STREET,
Cor. ExcliaiiKe Place,
NEW YORK,

FOREIGN BANKERS.
BUT AND DRAW BILLS OF EXCBANGB,
MAKE CABLE TRANSFERS, ISSUE TRAVEL.
KRS' CREDITS.

ISSUE COMMERCIAL CREDITS,

ATALLABLB
ALL PARTS OF THE WORLD, ON
Messrs. C. J. Haiubro & Son. Londoa.

IN

#pjejctal Itiwestmsnts.

Kanawha & Ohio Railroad
Kanawha & Ohio

First Cs.

Common &

Continental Construction Stock.

Pensacola

Maitland, Phelps

&

BANKERS

&

Atlantic Railroad Stock.

BOUGHT AND SOLD BY

TOBEY
4

AND

6

KIRK,

A.

BROAD STREET,

NEAV YORK.

Co.,

Geo. H. Prentiss & Co.,
COMMISSION MERCHANTS, No. 49 WALL ST., NE1V YORK,
AND

AND

33

dc

24 Exchanse Place,

New

»08 niONTAGIIB ST.,

York.

GAS STOCKS

bills of exchange, letters of credit,

telegraphic transfers of money
ON MEXICO. CUBA. Jtc. <l:o.

Kidder, Peabody
1

&

Co.,

FOREIGN BANKERS,
Street, New York,

Nassau

AND

GAS SECIJRITIES,
Street Railroad

Messrs.

BARING BROS. & CO., London

Stocks and Boiid»

AND ALL KINDS Of

BROOKEYN

SECIJRITIES
DEALT IN.

113 Devonshire Street, Boston,

ATTORNEYS ASD AGENTS OF

BROOKLYN.

BBS OAB QUOTATIONS IN THIS PAPBB.
Gbo. H. Prentiss. W. D. Pbbntiss. W. W.
Member N.Y.Stock Ezch.

Members of the New York Stock Exchange
COMMERCIAL CREDITS,
Obalkbs in Foreign Gxcuanob, Govebnment
First Mortgage 6 Per Cent Gold
Circular Credits for Travelers.
AND oTHi£H Investment Bonds.
STERLING LOANS A SPECIALTY.
(Sl-AOOO PER MILE),
44 'Wall St. and 03 Greene St. N. Y.
Buy and sell on cummiSHion. for investment or pn Cablb Transfers and Rills of exchange on JACKSONVILLE TAMPA & KEY
m^irffin, ail securities dealt In at the New York Stock
Great Britain and the Continent.
Bxcbantia

Canadian Bank of Commerce.
OAHTAL,

SUKPLns,

11.600,000.

GOABBY & ALbX. LAIRD,
AGENTS,
EXCHANGE PLACE, NEW YORK

J.

IS

46,000,000,

H.

BUT AND SELL STERLING EXCHANGE, CABLE
TRANSKEK8, ETC.
ISaOB COUMBKClAL CREDITS, ATAILABLB
IN ALL PARTS OF TUB WOBLD.

Pre-

ferred Mocks.

SCOTLAND.

Commercini and Travelers' Credits.
Cable Transfers.
of Excbanne.

Unger, Smithers

New York.

THE UNION BANK OF LONDON
BRITISH LINEN CO. BANK, LONDON AND

•

Bills

CHESTKVT STREET^

Copltal, «2,000,000
Full paid.
Fuys and sells Bills of Exchange, drawing on
BarlnK Bros. A Co., London, also on Paris wui
^^

:

BANK BBS
WILLIAM STREET, NE\r YORK

H9

of Philadelphia.
3IO

(

Accounts and Agency of Bi^ks, Corporations
and Individuals received upon favorable terms
Dividends and interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends also as transfer agents.
Bonds, stoclfs and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought and

Made bt Cable.
Paris House— MUNROE & CO.

&

CO.

firms

Obidits Opkned and Payments

Schulz

&

HON,

53 UrUllam Street,

sold.

ALSO,

dt

John Paton & Co.,
8UCCE880R8 TO
JESIJP, PATOW & CO.,

BANKERS, LONDON

NATIONAL BANK OF SCOTLAND,

UAMBKO

MARCVAKD, KRAI)88 & CO.,ipARia
'jPARIS.
UUTTINGUEU Ac CO.,

EXCHANGE ON
SmiTH, PAYNE & SmTH>8,

BELFAST, IRELAND;
AND ON THE

Exchange on
EVANS CO., IrnmnoM
LONDON.

Sell Bills of

IHELTILLE,

ULSTER BANKING COMPANY,

WILLIAM STREET,

Buy and sell bonds, stocks and securities in all American, Canadian, British ai^d Dutch markets on commission. Collect dividends, coupons and foreign and
Inland Drafts.

BILLS OF

lane

No. 63

Co.,

Act as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestic
travelers' letters of credit in pounds sterling & dollars.

&

MANCHE8TKB, PAYABLE IN LONDON

&

BANKERS.

Stuart
Co.,
J.
33 NASSAV STREET.

J.

BROAD STREET,
New York.

Kennedy Tod

all

and of drafts drawn

INVESTMENT

Issue Letters of Credit for Trarelers
ETHKLBKHT WATTS, Secretary.
Board of Directors— William Brcjckle. George S,
On SKLIGMAN BROTHERS, London.
Pepper, Morton McMichael, Whanon Marker, Uenrr
SKLIGMAN FRKKES & (^IB, Parif.
Gibson,
SELIGMAN 4 tiTElTJIElMER. Frankfurt. C.AdvisoryT. Wislar Brown. Williiim Potter.
of su ckhoiders.— George M.
AL8BERG, GOLDIiKUG i CO., Amsterdam. Troulman, Committee English, Isaac
Gustavus
H. Clothier,
ALTMAN & 8TETT11K1MKR Berlin,
William Pepper, M.D., Thomas Dolan, John G.
Payable In any part of Europe, Asia, Africa, Aus- Reading. Joseph K. Gllllngham, Jolin Wanamaker,
tralia and America.
Henry E. Smith, Charles B. Wright, Henry Lewis.
Draw Bills of Exchange and make Telegraphic CraigeLippincott,HamiltonDisston, Clayton French,
Transfers of Money on Europe and California.
Francis Rawle.
J. Kennedy Tod.
Alexander Baring
H. O. NORTHCOTE.
Member N. Y. stock Exoh'ge

Exchange
ON GREAT BRITAIN AND IKKLAND, FRANCB
GKRMANY, BELGIUM, HOLLAND SWITZEBLAND, NOUWAY, DKNMAKK,
8WBDKN AND AUSTRALIA.
•ane Commercial Sc Travelers' Credits J.
IN STEHLINQ,
Sell Bills of

THE

Berlin.

EzchanRe on, and make Cable Trans
Knsland. France and (J*»rnmnv.

Bills of

rers to.

CO.,

Brown

make

*

deKottaacblld,.Ea<i., Vienna.

XLIU.

Jlxctoauge.

al'

&

OLD BROAD STREET, LONDON.

Buy and

Street,

ERS,

nORGAN &

S.

Pine

Meaara. N. [>I. Koihochlld
Mens, London
"
de Kolbiirhlld Broa., Parla.
"
M. A. dp liathachUd i& Hona, FrankH.

Securities
DepoaltB recetved subject to Draft.
boturnt and suld on coaimisslon. Interest allowed on
Deposits. Forelfrn ExchanKe. Commerolal Credits.
Circular Letters for Travelers.
Cable Transfers.
available in all parts of the world.

nessr*. J.

12

available In
parts of the World, throURta

DOMRaiia AlfD FORSIGV BANKERS

Wo. 22

Co.,

BANKERS,
IS8DB TBATBLER8' CREDITS,

Drexel, Harjes

Co.,

&

Co., August Belmont

WAUL STREET, CORNER OF BROAD,

NEW YORK.

[Vol.

.

KOVKTZE BROTUEKS,
BANKERS,

120 Broadway, Equitable Building, New York

LETTERS OF CREDIT AND
CIRCULAR NOTES
Issued for the use of travelers in all parts of the
world. Bills dniwn on the Union Bank of London.
TeleKraphic transfers made to Londnn and to various
filaces in the United States. Deposits received subect to check at sl^ht, and interest allowed on balances. Government and other bonds and iavestmeai
gecuritlea bootfht and sold oa oommiuion,'

Walsh

Bonds

WEST

RAILWAY COMPANY.

Principal
Issue llmlled to tl.'Se.OOO.
Interest payable in New York .lanuary

Completed Feb.
rails.

22,

1886.

due 1914.
and July.

Standard gauge.

Steel

Kirst-class e<]uipment.

This road f.'rms a part of the through line from
New Vork to Tarac a, Florida, over which the Cuban
mail is now carried. Werecommendtlie.se bonds as
secured by a largeand rapidly increasing through
and local business. Price, par and accrued Interest.
Pamphlets and copies of mortgsge furnished.

R. A.

LANCASTER

dc

10 Wall Street.

CO.

NOTKMBXB37,

THE CHKONICLE.

1 80.)

ISattliers

Fred. H. Smith,
BANKEB ft BROKER,
II*. SO BAOAD ST., NKW YORK.
T»i«ll jmi' •zparlwMW in Batlmad Bonds. P*'
Ha* iilifm to bar or mU Uaearreot Bundi wl.i
Blaaaa oosMaaloatei
toaka boaakt ta metional IjoU or olkarwlM
Ittar for Caafeor on Marctn.
F. w. Omra. t Maaban CoaaoUdatad Stock and
& W. Bmitb. I Patroleois Bxehsmre. New York.

CmAa.

TumoaxD.

J.

Mambw N.V. Stock

LAxaiKS

VtAaauuax.

C.

BxelwDtra.

and

JBrolicts in

&

BAKKfKS AMD BK0K£B8,

New York.

Boiurht and Sold on Coauniaalon
far aaak ar aa aiarila.
Cnllatad SaenrlUaa.
DUMal attantHia (tTaa to '~
•"--nlTad «r"'
aabiaat to Chaek at Steht.
Coi lea iH danoe WoHelted.

Hoika aad Booda

—

m

"^— —

CHATia r.
t. camoiam,
Maabar N. T. Bloak MxaiUBca.

Wm.

&

Carol in

cox

Cox,

BANKEB6,
Wall St., Cor. New, New
TRANSACT a OENSRAL BANKINO boalnesa.

No.

11

DBP08IT8

raoalTed and

BEOAOWAT,

taaok OMca, S1& MadlaoD A T. cor. «ad SU. Maw Tort
Oaaoatu racalTad aablact to ataaak at Blcht,anl
tetaraat allowed on dally balanaaa. All Stoeka and
iaaailllii dealt In at the New Tork BCoak Bxehana*
boaakt and sold oa CoaiiUelaa, for Oaah or apoa
ilarrni.

Wood,

&

Huestis

BKOKKBS.

tfrcccamjiui

WOOU A
Baaala mdaia

Bny and seU

RAILROAD

OOVERNMBNT, MaNICIPAL

.

O.

TAINTOR.

New

Toak Mask bakaMO. roraaia:
fiBi»dAaa HAiLauAD rmar MoKTOAaa BoNDa.
C. H-UUBBTia. L.M.aWAll.

HutBBBT

ntanw A. Baow>.

P.

BBomr.

Walston H Brown & Bros
.

BA.XKER8,
HO. SO

No. 18 Wall Street,

boa^t and

N«.

taonanta of Banka, Bankara and othera raealTad.
lalaraat allowad oa baianiiaa A »tneuy Coaimlaalao
BaiMaaa la Ifea patakaaa aad aala of stoaka aad ba<*da,
PnTaMTalaBapk Wirat.. Altaor.Tror. ^rraoasa.
Baakaatar. Utlak Baauu. Qereland »ad CbMago.
DfBW oa City Biaak uf London in amonnta to salt.
I »l»aa to Mee aflUaa for ipyestnieni.

J.

C.

BANK.BH AND BUOBBU;

AULUio

P.

Dickinson & Ailing,
ARBKRS AND BBOKBBB,
Bat aad aaU

at N. T.

&

CLARK STREET.

buy or sell are invited to call
Prompt and personttl attention glraa

InTOiitors wlsbtnK to

or correspond.
to all orders.

John ilowABD Latham, Fridkriok W. Pvbbt
Menber of N. T. Stock Exchange.

m.<k Eicbante.

for IN-

Co.,

UNITKD BANK BUILDINO,

WALL STREET, NEW YOBK.

County. State, Kallroad. District of Colombia
Bonds and Foreign Bzchange.
Correspondence Solicited.

Robertson,

L.

.

J-

BONO AND STOCK BROKER,
Dealer In InTestment Secnrities,
No. 7 NABBAU STREET,
(ConUiiental National Bank Balldlng,
Neiv York.
.

&

Rolston

Particular sitentiun giTen to Information recardlnf

Bass,

BROAD STREET, NEW YORK,
STOCKS, BONDS
AND niSCELLANEOUS SECURITIES
Ho. 20

solicited.

Vuobatlons cheerfully furnished.

Wm. B. ROL8TON,

C^K ECo.
R
B
A

No. 18

S

x\

New

Bay

,

York.

andl Sell InweatoBant Seenrltiea.
Watlasd Tkabk. B. J. MoBsa.

W.

C.

Exch

w. Alkx. Bass,

Jr.

to.

&

Chew,

STOCK BROKERS,

Transact a Oeoarml Banklna Baalaaaa. Includint
tha porobass and sate of STOCKS and BONUS for
esak or on Baniin.
A. M. Kioout.

Y. Stock

Simons

WALL BTKBBT,

York.

ur oa MARUI.N. alJ claaaaa of Stocks
and allow lataf est on detioalta, sabjact Uj

&

H. Latham

No. %
ClUr,

York.

s«caiir;««s.

tt fc

AND
Dealer in Miscellaneoos Secaritles,
MILI^ BUILDING (3d Floor,)
Boomaaskas.
33 WALL 8TREET.
8TATB AND CITY BONDS OF OEOROI A, ALSO
8BCURITIB8 OF THB CBNTKAL KR. A BANKING CO. OF (JKOKOIA A SPKCIALTY.

Raoalra deposits mud cimslcnmenls of Balllon.
Deal In InTestment feecuntiee and ft'ureljcn Bxchaniie sod InTitt^cMrrespoudaiiaa.
In.satnent

CHICAO**.

BROKER

Janney,
New

NEW YORK.

A. Dutenhofer,

Ordcm for Stocks and Booda exacnted at all
Ksclianaes.
Kapeeul atienilon trlren to sopplylnR higb-cUsa

BANKERS,
36 Naaaaa St.,

Elxohange.

8TKEET,
AND

Maaber N.

for laaaatai aat or oa

Bdwaao
W. H. Dickinaoir.
MaBbar N. T. Stock Bxebaaaa.

TiirMBNT

Members N. T. Stock

WALL

11

Co.,

aattaaN.rTSioea boh.
AL#uu> B. liUcaaasMT

New

Co.,

BANKERS AND BROKERS,
No. 10 WALL ST., NBW YOKK.

n Taafa> Maabankla New Tork Moak Bsebaa««.
MaBbafB Pklladalpbu Bloek Biohaaaa
*••. 1« * IS **•« Mv«a«e Haw T«rk.

No. 30 Pine Street,

&

J.

&

John H. Davis

I.H.WAOOUNBB

Frank. C. Rollins
Co.,
BANKERS AND BROKERS,

<n.

*

on CommlBston, for cash or on margtB

UOLUNS. B.U. EUCRaON,

parabaaa and sale of stocks and bonds for cash or or

BAXKERS AHD BROKERS,

BaraadaaUc
anila.aUMea
BoaaaT J. Kimbaij.

Turner,

J.

16 A 18 BROAD ST., NEW YORK.
Tnuuaauacaoaral Panklns buslnaes, Inelndtnstba

Noa. as

sell

Onrraspondenca

&

Kimball

K.C.

Co.,

Yaars' Membership In the N.T. Stock KzclianKe)

Bishop,

MKW VOBK.
(Maaban Maw Tock Slack Kzohanca.)

R.

&

Member N. Y. Btook Bzeli

Chrystie

BA.SKEK.t A.NU RUuKEKS.

Buy and

aecmities dealt in at the New Tork Stock Ksohanfie.
Interest allowed on daily balances.
AH deposits subject to cneck at slicht.
ParUcular attention to orders by mail or t«le<Taa

•JAS

BANKERS AND BROKERS,
nillB BnUdlns, 35 Wall St., New York
ADtm O. QOKHAM.
CHAS. W. TUHITEK,

>KW TORK.

&

sold.

Chab. O. Nobli.

IN

FIRST-CL.ASS INYESTnEBTTg.

New York.

INVESrnENT SECVBITIKS.

•« riNB STKBBT,

Tork.

DSALBB8

Stocks and Bonds Boojrht and 8old on Commission
PartlcnJar attention friven to Information regardInz Inreatment secarltles.
lows Loan A Trust Co. 6 per cant Debentures

NAMAO STMBBT,

Hamilton

GBO. H. HOLT.

H. Dewing & Son,
BANKERS AXD BROKERS,

(U

Sons,

Sistare's

all

HIHAII DlWTNO. CI.ARK DlWINO. F. T. BONTICOC
(Member of New York Stock Bichance.)

a»OIWC.W OOt>.

B. Baown.

and

Secnrltlei.

Prirata telexrapb wires to Provldeaca and Boston

to

I>AVI8.

la all aaeartuaa listed at tk*

WAiatom

allowad oa

balancaa.

Co.,

NEW YORK,

PINE 8TREET,
BANKKBS A.ND
SI

INTKUE3T

Gorham, Turner

Butkera * Commlaalon Stock Broken
No. 90

Geo. K.

Holt,

Q. P. L'BCtLIBR.

Washburn,

H*. • ITall Street,

IJorli ®tttj.

16 4c 18 Broad Street, New York.
121 South Third Street, Philadelphia.
Tork. CoDDected by Prlrate Wire with main office. New

Jxo. P. TuwiisKXD, Special Partner.

Townsend

&

Taintor

JJcw

iii

HIIJ_

&

5'^ Uroudwny, N. Tl
Exchanxe Court
Stocks, Bonds and United Htatea Governmex
Securities Boutfht and Sold on Commission.
JA8. D. SIMOKg,
BKTXKI.T CHXIT.
Member N. T. Slock KxchanKe.
Member N. Y. Produce Kschanue.

*A

William T. Meredith,
48

WALL

(Bank of

l3ood^*

8TBBE.T,

New York

BuUdIng).

Bonds and Stocks bought and
Tork Stock Kxchange.

.sold at the

New

BONDS AND INVESTMENT 3BCUBlTIigS FOB

Albert Pearce,

SAL IS

Gilman, Son

&

Co.,

BA2(K£B8.
II*.

U a«dWloa

BS
la

CBBAB BTBBBT.

BA N K KR

Howard

H,

cor. Exehaase Place, N. Y.
Brmach OMce, -HI La Halle rtl., Chlcacs,
TBANSArT A OBNKRAL BANKING BU8INK88,
iNri.uDiNO Tim pi;k('iia8K and sai.k ok
STOCKS ANI> BONUS KOK CAHU OK 'tli MAUOIN. BUY ANIl SKLI. INVBSTMKNT -BCL'KITIBB. INTEKEKT ALLOWED ON DBPOSITB
SUBjaCT TO CUKCK AT BIOUT.
P. O. Box 447,
C. W. MCLXLLAir.
D. A. BOODT.

as Broadway,

RBITBBW LlLAM).

a Oaaani Baoklnc B naln ass, Boy
•

BAXKKBa

&

T«^BOADWAT aa4|9|NEW|9TBBBT,
Z*rk.

NASSAD

ST.,

DKALBB8 IN ALL KINDS OP
Railroad and InTestment Secorltleit
BODTHRB* SECnUTIBa A SPKCIALTT.

Walsh

STOCK

&

Floyd,

B R.O.K E R 8

it

COitliEHCUL PaPBK.

Stocks and Bonds bought and sold on commtsslun
Mew Vork st'.>ck Kxchange. Adranccs~ made on

at

bosineea vaper and other saculUes.'

^sh>

,

BROAD STREET, NEW YORK.

NIOOU.
jAMXa W. WAI.8H, JB,
Member N. Y. Stock Exchange

BAMKKB8.

STOCKS, BONDti

Co.,

NEW YORK.

Co., ONITBD BANK BUILDING, Stewart Brown's
Wall Street, corner Broadwrar.

Ajn> BBOKEB8,

N«w

No. IT

No. 26

aad iBTaataMot Saovt-

Lapsley

&

Simon Borg

BBOAB

ST.,
* 1*
Ul ALL KINUB OP IMTBBTMJCin
BONDS, MiaCBLLANBOCS 8BCUK1TIBB
AITD DBPAULTBD BONDS
COSRBBPONDntrB BOIjriTBD^

1«

BOKKB

riA>TI>,

JB

Sons,

stock brokers,
•4 BrokAwar

* 10 Now

8t.,

Naw York

THE CHRONICLE.

iT

nuA "goxtiQU gaulis

©atiafliati

E.

Hong Kong &

Bank of Montreal.
O. F.

-

913,000,000 Gold.
^6,000,000 Gold.

-

8MITHER3,
W.

Noa.

President.

BUCHANAN,

J.

^pecinl investments.

FOREIGN.

CANADIAN.

CAPITAL,
SURPLUS,

^nn^^s.

atifl

General Uanager.

ySW rORK OFFICE:
69 & 61 WALL STREET,
Waltxb Watson, *««>"•
...„,.
AUIX'B LAND,
J

Shanghai

Sterling Exchange, Francs and Cable
Transfers ; grant Commercial and TraTelers' Credits
•rallable In any part of the World ; Issue drafts on,

PINE STREET.
DKAUNOS

and make Collections In, ClUcagoaad throughont the
Dominion of Canada.

Paid-up Capital
$7,5 00,000
4.500,000
Reserve Fund
BOO.OOO
Reserve for Equalisation of Dividends....
7,600,000
Reserve Liability of Proprietors
Corporation grant Drafts, Issue Letters of
The
Credit for use of Travelers, and negotiate or collect
at Bombay, Calcutta, SInjfapure,
Bills pavable
Saigon, Manila. Hong Kong, Foochow. Amoy,
Ningpo, Shanghai, Hankow, Yokohama, Hlogo, San
Francisco anc London.
A. M. TUWN8EMO. Aseat. 47 Wllllaai 8t.

Iiondon

Office,

No. 32 Abchnrcb Lane.

Imperial Bank of Canada
CAPITAL (paid
SURPLUS,
H.

8.

up),

•

-

$1,500,000
9500,000

•.--•WILKIK,

HOWLAND,

BEAD

D. R.

Prest.

Cashier.

OFFICE, TORONTO.

BRANCHES IN ONTAKIO.
NiaKars Kails. Toronto.
Bssex Centre.
Fort Colborne. Toronto, Tonge 8t
Fergus.
St. Catharines. Wetland.
Gait.
Woodstock.
St. Thomas.
IngersoU.
BRANCHES IN NORTHWEST.
Brandon.
Calgarj.
Winnipeg,
London

Ai;eiut« in

Lloyd'B, Barnett's

&

:

[

Bos-

& Co.,

liONDON, ENGLAND.
Negotiate Railway* State and City loans.
Execute orders for Bonds. Shares, etc., on

A SPECIALTY.
Cash paid at once for the above securities i or they
be sold on commission at seller's option.

will

Investment Securities
BOUGHT AND

WANTED

ALBERT

A.

Columbus Hocking Talley
Toledo

& Oblo.
&

CO.,

S.

J.

16 and 18

ADOEPH BOISSEVAIN &

CO.

Amsterdam, Holland.

ALL OF TUB

Heinemann

&

Co.,

NEW YORK AND BROOKLYN
COMPANIES'
BOUGHT AND SOLD BY

62 6regham House, E. C,

Merchants' Bank

EONDON.

OF CANADA.
$5,799,200 Paid Up.
$1,500,000

-

Seserre,

ANDREW

President,
Vice-President,

BEAD

AI,1jAN, Esq.

ROBBRT ANDERSON,

Ksq.

OFFICE, MONTREAL.

GEORGE HAGUE, General Manager.
H. PLUMMER, Assistant General Manager.

J.

BANKERS:
LONDON, ENO.-The Clydesdale Bank (Limited.)
KKW YORK—The Bank of New York. N. B. A.
The New York Agency buys and sells Sterling El-

8oltcU accounts and agencies of Banks, Railways
Corporations, Firms and Individuals upon
favorable terms; also orders for the purchase and sale of Bonds, Shares, &c., Ac. on
the Stock Exchange.
Interest allowed on Deports, subject to 60-daTS
Bight drafts, at Bank of England rate, and
one-percent below that rate subject to

demand

drafts.

Neffotlate Railway, State and City Loans.

Change, Cable Transfers, issues credits available in
all parts of tile world; makes collections in Canada
and elsewhere and issues drafts payable at any of
ihe oflflces of the bank in Canada. Every descrlpioa of foreign banking business undertaken.

Hew York. Agency, No.

61 IVall Street.
HENRY UAGUE,
Agents.
HARRIS, JR., IamiHb

JOUN

B.

See

H.

of

18

COREESPONDENCE INVITED

McTAVISH,
H. STIKBMAN,
D. A.

Gzowski

&

)

.-„„,,
Agents.

)

Capital Paid Up, £9 T 1,3 80 Sterllns.

of

TABEES OF BOND TAEEES,
PUBLISHED AND FOB SALX BT

approved Bailways, nesotlates and

Issues Loans on the London Market, acts as

CEO.

Agent for

ter of

payments of Interest on Loans, Dividends on

Buchan,

COLLECTIONS MADE.

Staten Island Securities
A SPECIALTY.
Railroad Co. & Aniuseiuent Co. Stocks

Cable Address—Patt, Loin>OH.

Australasia,

(Incorporated by Royal Charter, 1335.)
Tbreadueedle St., London, Engrland
I'ald-up Capital,

Reserve Fund,

......
.......

THE
A.nglo-Californian

Bank

(LIMITED).

FOREIGN.

4

jei,8(

O'OUO

XTSO.OOO

Letters of Credit and Drafts issued on any of the
numerous branches of the Bank throughout Australia and New Zealand.
•

Bills negotiated or sent for collection.
Telegraphic transfers made.
Deposits received in London at Interest for fixed
periods, or for transfer to the colonies on terms
whioh may be ascertained on application.

PKIUEAUX 8ELBY,

D, mills Bnlldlng.

GEO. B. RIPLEY,
66 Broadvoy. f ooni

Stocks and Bonds, Sterling Exchange, Drafts on
bought and sold at CURRENT PRICES.

of

DOUGHERTY,

Room

TORONrO, CANADA.

Bank

lY.

Railways and other Corporations, either in the mat-

or Beglstratlon of Stocks in London, or otherwise.

STOCK AND EXCHANGE RROKERS,

DEGHUEE'S

This Company undertakes the business of Trustee
lioans

Elliman,

TTALL STREET, NEDT YORK.

North America,

to

&

Buttrick

RANK RVILDINGS

in this paper.

Railroad Bonds.

Specialiiits in

LONDON, ENGLAND.

>OTKS
ISSUED

YORK.

CITT RAILROAD STOCKS & BONDS
BOUGHT AND SOLD,

Railway Share Trust Co.
No. 4

Buy and sell Sterling Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland,
also on Canada, Hritish Columbia and San Francisco.
issued in Pounds Sterling
CIKC'LI.AK
available in ail parts of the world. COitlMEUfor use in Europe,
CIAI.. CKEI)IT.s
China, .lapan. East and West Indies and the Brazils,
Blver Plate, Ac.
Bills collected and other banking business transacted.

BROADWAY,

NBW

J

W^ALL STREET.

L. Grant,

No. 145

Bee Quotations of City Railroads

Bank

No. S3

and Saturday's EwTiino Post.

In Daily Indicator

(IJUITKD).

New York,

96 Broadway.
my quotations of Trust and Telegraph Stocki

THE

AQENOY OF THE
British

Stanton,
BROAD STREET.

TRUST Co.'s STOCKS

.

Capital,

& Toledo.

Ohio Central.

KanaVwba

AI<0

anquet's Bank, limited,
Promptest utteijtioa paid to collections payable In
any part of Canada.
Approved Canadian business paper discounted at
the liead Office on reasonable terms, and proceeds
remitted by draft on New York.
Dealers in American Cur'y and Sterling BxchangC'

&

East Tennessee Va.
Georgia,
American Speaking Telephone.
Bouthem Telegraph.
BocGHx AND Sold by

18 Wall Street, New York,
38 State Street, Ronton, Idass,

Agents In New York
Bank of Montreal,

E. HACHFIELD,
No. S>« Pine 8tr«<l.

CkHn-

ence with

BROTHERS

SOLD.
I

Toledo Ann Arbor & North Michigan lata.
Southern Central Ists.
Mlddletown Untonville & Water Gap 5a.
IndianaiHjliH & Vlncennes Ists and iids.
Scioto VaUey Bonds, all issues.

mission, and transact a general Banking and
Commission Business.
Special attention given to the execution of
orders for Securities on the New York, ItondoD and Amsterdam Exchanges In correspond

BL.AKE

IN

INSVRANCE STOCKS

RANKING CORPORATION.

Blake, Boissevain

Bailey,

S.
fiig

)

Baj and Sell

Seoretary.

xLin

fvoL.

&

Cahoone

Wescott,

18 Wall Street,
Execute Orders

In

all

8.

New York,

Becurlties Listed

on

LONDON, Head Oflice, 3 Angel Court.
NEW YORK STOCK EXCHANGE.
SAN FRANCISCO Offloe, 422 CaUfornlaSt.
Special Attention given to
NEW YORK Agents, J. & W. Bellgman & Co. GoTerumeut & other luvestment Bonds
BOSTON Correspond'ts, Massachusetts If. Bk,
Correspondence Solicited
• 96,000,000
Anthorlzed Capital,
IF YOU WANT TO BIV OK SKLL ANY
- 1,500,000
I'ald-up Capital, PUTS OR CALL!* <»N -STOCKS OR BONDS
'

Reserve Fuud,

-

-

'

-

-

write

400,000

Issue Commercial credits and Bills of Uzchangff, available in aU
§arts of tne world. Collections and or lers for Roods,
tocks, etc., executed apm tne most fiV' arable tjrms.
B'ill> >•<
. T,ovV,
1m... . ..
IQNATZ STBlV'lABT,jiS*" ""^'•
P. N. L'LXB.VTUAL,:Ca»M(:r.
'

to.

telegraph

t,,,

send

tor,

or call on,

II. W. ItOMK^KAlJM,
60 Kxchanxp l*ln<-», >•»• Vorb.

Transact a general banking business.

Bend for

my

r**""

Circular

lusr

issued.

Gas, Insurance, Bunk", City Railroads,

Send for list published Mondays.
J. F. WINTUI,\UUAai, 36 Pine St., N.Y.'

&.C.

NOYKMBKR

THE (IHRONICLE.

1880.]

37,

I^inattcial (Companies.

FIDELITY A CASUALTY CO.
Motk

lUAlllS

BRUADWAY. NKW TOBK

^BigBrSfMiMd irtth

th« N. r. ln>.

DepX tat

tte praMctkin of PuHcr-boldera.

twin, Juiurr i<t. 1W8. iauu>K) 4a.
OB<lal*o( bsbX. ilaUTuwl* and Kxpran Compa-

— a—.-

»«

.-« ciarkj of Pnbllo Com-

..^

IM.
f
paaftH, iBgtttoOooa and Commarclal flima. oan ototntn

•NIM OP 8I7RBTYSHIP

tnm lUs Oomvmnj at nodarata diantea.

uf thia (X>aipanj ara aooapted by the
aoaiU of tS* Tariooa Blataa

CASVALTS BKPARTnENT.

MUUt

dIaaDltiui Injnrlea.
ITnir infnrmatKin a< to datalla, rataa, *<L, eao b>
afelalnad at Bexl uam. or of Coupan j'a Airanta.
Wh. M. HirHAHiX, Praat. Ju^s M.CtLA2tm,ltmn
KubT J. lliiXii», AaatSacretarr.

MKECTOKS:

MESSRS.

Naasan and Cedar

New Tork

City,

on and

Grarcl Koid

6^.

Bent4>n t'ouiity, Indiana—

GniTel Koad d'.
Ondiinuti niclimond

MonaareTs.

A

Co-

Fort WaynaBallroad

C'Uiity, Indiana—
<;nivr| Uoad As.

Marion ounty, Indiana—
C.nrty 4^a.

"h rg Kurt Wayne A Chicago Bailway Co.—
Firt .Mortgage 7s. series F.
P,-cond .MortKage 7s, series M.
Bp*h oonty. Indiana—
Plti

Q. Lo»,
Charlea l>«npla.
iS.T. ittnuiahan, A. B. Barnaa,
Aia^i. Mlichdl.
11. A. Ilarlbat.
A. H. llDiU
"aa.
P " '*
J. U. VanaliTa.
J. L.KIk«r.
Wn. U. kJrbarda.
Uao. a. Cam.

Kei'indttiit 0fl.
81. Ctiarien -t. Itailroad

Pint .Mortgage

Company of New Orleaaa.

•-

R«.

.

UEORMBER

%.

i

Wabash O-nnty. Indiana—
Qrarel Boad

<;

Os.

DECEMBBB

8.

Bonds

orSuretj^Mhip.

Co.

OF NUUTU AMERICA.
Onah Ckvltai
NSO.OOC
AaaaCaand Uvoarcaa
iMCaoo
pfOilt mill u>iiMnaaD««nnaiani
V ica. Praaiaaat
PiiaHaut
K IHUBB.
HUK . J AK.
AI<Ba 1 UAUt.
V—ff-Y inraeur: nwaiui Kawuxo*.
-

MKW ruHK

6s.

GraTel Uuad

UKKICB:

BKOAOWAT.

Ma

DECRMBBR9.

KOAI) COMPANY.
f...„t

Oa.

Handrick County, IndianaAnnual Oa.

DECEMBKBK,

France.

fls.

.

New Vukk. -Not. 20.

ItWO.
CANADIAN PACIFIC RAIL*
WAV COnPANY.
OMAHA DIVISION-St Lonis Kansas
WECHKTAKY'S OVFICE,
City & Northern Railway Conipauj.

3iU.NTIteAI„ NOV. 13, 1HH6.
The

LA

NOKMAM>III.da

Kar>ablae....NoT.
BHKTAl..M;:.ila JouacUD, tiat., Iln-.

LAUA9LUU.NK.BautaUI
Tnm ttar luaa m. .>urin

8 A. M.
A. M.
1. 3 A. M.

VT.

Hat.. Dec.

t. II
1

HlTar, (out ul Murvun ot
avoid bothtranalt br Kncllah
TraTatan bf thia Una voM both tnuultbr^ncllah
aTatan bt
rair ma* tna dlawforu ot wiiaal— tkaChaasal
laaoaaflbc
Pbicb or rAaBAaatinelndlnc wteato—To Havranf«aMts,(lu(iaft4|t«; aaennd oabin, |M: ataaridwHa* will*, baddlna and ntanalla. BaI at Tan ladoaad rataa. Cbaakaoo Banqaa
«•, BaTraand Pana,ln amuanutoaalt.
,

—

-

Byrtal Trmla t*»m Havr* to Paris.
Tka OoapaanM uanaraJa Tranaatlantliiaa dalKart
•tlUoMaala N«« Vurk apacial train Uekata rron

Han* to paru. Haaaaaa enacaad tbroaah u> ParU
vtihont aaaai)natit>n ai Havra, prvvidad paaaanaan
teT« iha ^^a daiivarad at tha Company'* d'tca In
Saw Tetfe. Piar «il Murth BlTar. toot of Morton 8U
!•••( two hunia bafura tha dapanat* of a ataaniar.

Flt^TIl iiaUyeurly interest coupon on the
moriga*(e >k,(.<1., of the .Maoitiibn Southwestern
ColonliaMor. Kal.wayConip ny du«* n l*t IVcember
prvximo. i*nd payai'le by the Canadian I'aciflc Rallaay Company, umlcr tin.' t, rma of the mortKage.wlli
be paid n and alter tli:tt date, on presentation
at the once of Mr»rr'. J. Kennedy T<d A C"., A3
WlilUmMiaet, .Se<r Vork. oral tlie office uf Blalie,
Bolsae'ain ktJo., 11 Coi.iliall louit. 1., ndon. B. C.
C. DHl.NKWATKK. Secretary.

t

.OOia OB BKBIAN, Aceat,

<

•

'FHB LOIISVILLK:

NASHVILLE

BAII.ROAI) C(>.Mi'A.\V win pay on presentaNew Vork City,

FIRST OF OE-

CKMBKR.

IMW, the ojupona thao due on the follow.
Ing mortaaga iMt'-da
.oui.Tllla A NaahTllle Ballraad Company General
M'trtgace.
l«ouisvllle

Mori Kane.
LoulsTllle

A
k

NaahTlIIe Railroad
.N'ashTlMe Railroad
.Sathrille Klrat

lUndersirn

A

Company Trust

Company, EyansMortasge,

Mrmphia X Ohio Railroad Company StarUoc Ftnt

W. MORRIS8. AaalaUnt gocratary.

•Vrw VOBK, Not.

Th« Board of

71

WALL

ST.,

C09IIII13IMIOX

Wisner,
NBW YORK,

UERCIIAXTS,

tha Cattoo. CoSka and Prodoaa Hzoh*!

Mamban of

AODirT uv

THE HAXALL CRENSUAW

CO.,

KK^IinOMD, VA.
tlaDdaff^ Brand* uf Kloar for Hhipmant to
i.llmala* alwajr* on hand.

Wars

ORIENT ULANU MANUFACT'Q

CO.,

tlUIEMT, L.
Standard

l»ai>«rpbaaphat«>.

gULPUlR MINKS COXPANT
or

viuiiiRiA.

Blah Orarda I'yntM frea from Araaek).

Fabyan &

Bliss,
Hew

Co.,

Yark, Hoston, Pbilkdelphia,
AI.SNTt) ri}H LBADINO BKAND8

mXINO

•Wn

A BLKArHBB MHIRTINOS
ANU MMKBTIMON,

PSINTS.

lllCNiMll.

Aonaal IMTldeod of TWO AMD OMB-HAUr PBK
upon the capital stook OC tka Company, clear
of all lazaa, payable on and aflar Mot. Mth. next, to
»— •'-^ "- «V» iMnfr-^ '"' ** rn
thafili-'Ootobar tUDx alt. On Novembar SWh diTldenda will
RDM UMU 8M ITU,
b« paid to women only.
First Vice-Prerident and Acting Treasurer,

—" -

TICKS, DCCKS, *•.

T«waia,qalUa, Wblta Voods* Hoalarr
DrUlt, »/iittinu', *t, forBxporl Tradt.

JUHN

COMPANY.
A sale under

"

Ml.M.NO COilHA.NV, MILLS BtTILDINO,
Broad street, .New Vork, Nor. M, 1880,
DIVIDEND No. IM.
of

15

N. C. Not. 2(Kh, 1886.

'paK 1^TM11.ST nATURINU ON
the First Mortgiige ilunds of

VALLEY

•'.«'

It
-•

L

Trust
dnpos-

iisat^ssment

.ti>

BEACH.

Chairman.

KAILWA7

IR^O.
tnu unden*li£<<od at
'^8,

Is

adver-

UondH nhould

No

OH Wllilam
Hired befi<re December 1. IHW Copies of the reor>
Ranlsatlon airreemei t can b- obtained there.

CHAKLKS MOKAN.

Chairman,

Important Notice.
10 EOLDEBS OF KANSAS B£AL ESTATB
KOHTGAaES:
Send

to

nODGKs^ A KNUX. TOHEKA. KANSAS,
coinpIle<I Laws
He^il

thcCAHE FKAH

BAILWAY COMPANY

on liacaiuber Isiwlli be paid at the office of the
Fanners' Loan and Tr.i!"! Company. New York.
JULIUS A. ORAY, President.

Estate Mortifti^es.

Investors'

334 La Salle

Agency,

CliIc«KO, Ul.y

St.,

L. SCUUDER, Jr„ Proprietor,)
ANSWERS INgUIRlBS CONCKKNINO
American Stock* and Sccurltlea

M.

LarKe Library of llailroad Doouuienta.

Competent

iLXperta.

Confidential Reports,

Moderate Chanxi

John
41

at

Douglas,

F.
43

WALL 8THEKT,
NEW

INVESmEXT
FIKiiX

PITTSBURG Six

4c
consulldatot First Mortgage Conpona maturing
Deo. la will be paid on and after that date, at
the Union Trust Company of this dly.
FRKD. A. BUOWN, Treaaorer,
(Signed)

A YADKI.N

r^'aifree-Iholders

decree of foreclosure

th**

be dunoMted with

Tranafer bt^jan close on the 24l ti ini,t.
l^il.'.NnKKKV A CO., Transfer Agenu.

-^

U.

I>KCKMhKt{

FIFTY CBNT8

lias b.H>n dacUred for October, payable
Company** ofbce, San Kranosco, or at ihe
Transfer Agency In -New Y€»rk. on the 30th Inst.

per share

•t the

FATrmTit.L»,

itil.

CITV A

tised to bo had

r)PPICE OF THE ONTARIO MIL VElt

""

li.lli

pLARINDA BRANCH— 9(T. LOriS
V-' KAN8A8
NOUTIIBUN

The

CKNT

1JOCUESTKR

h.

Ar

U. l^WV.

can depoMt tliflr bonds >^
Company, on ur before N
ited after tlat date will I., ptt.jv.
ul ten dollars for each bond.
liated Movember U. lr>H6.

PI1IIJII>U.PHIA, KoT. 1. 1886.
Directors haathladaydaelared a Seml-

The Raguiar Monthly DiTidend

I.

meitt of Jun<>

VXuuas reUitliie to
CO.

TBBAaU&BU'.t DEI'AHTMB.NT,

Ccmtuircial dVLX&s,

&

f2.H50.0(io, hareaj«r»eiu.-.l it.tlu

IbrFree Pamptilet coiituinluK the

23, IHSA.

PENNSYLVANIA RAILROAD
^

Crenshaw

A decree of fnreclosuru and pale bnTlntr been obtatned. the Oroahii I)tv)Mt>n of the abi>ve railway
will be sold DKCKMRKK2H, ISHrt. Holders nf more
ttian IS^S&OJJOO of tht' bund!), "ut <-f a total ls(>ue ot

Mortgage.
A.

^n. 3 Roaalinc Rraan.

4c

tion at Its office. Su Eii'hanira Ptatoe,
on and after WKI>.Nl»UAT. tha

rilla

required In jr*T-

riK^h

Comrmn)

t'eriui' m1
vili N!*ii»- $9,bi'ariiij; 5 jut cent je riy cu-. i»tirnt>lo fCiiii-annuHl >.

iiohundrf'd f«h tres "f the Terrolnttl ('oiiii'Hiiv [imy subscribe ttiwurds the said $5.) 00,000 to the extent of itne-thir<i ui the par ralao of bu
stock and shiill receive for htn Huhiicrlption thirtythree and one>thlrd bharea uf preferred stook and
flftjr shares of the Incieased common »t- ck.
SubflCilptlona will be payable at the Central Tmst
OoBDMnr. in three equal lostalmeou, Uea 8, Jan. 3
and reb. 3.
Payments may beantloipated at a rebate of per
cent tntTeet per annum.
The Trust Company will Issue receipts.
The books are now u|>en snd will close Not. S9,
18Ha,at 3oelirck P. M and will r<>-itpen on Dec. 8.
ISan.atlO A.M.
Al.KUKU SULLV. I>re8ldent.

•

1&

Columbia Cty, Indiana-

first

1.A

ri,_.

!uck.

DancKck County, IndianaCounty e«.

THB

aXXntAL TRANSATLANTIC CO.
NBW TOBK mm* HAVRB.

iw.-...,f

(;raTfi itoadS*.

DEOEMBBRW,

MtlwiiiiB

the fo.OOO.OOO

T'l prnTulM

Bahdolph Crontr, Indian*—

MlamlCoanty, IndianaUraval Road Os.

ONL.T

Kings Cnnty.
Ne« > ork County.

This compHnr has pnrchafed a mitJoHfy nf tb«
Btuck of the KICUMUNU & I>A^ \ li.Lk UAli^

DECEMBBBIOl

Wabash County, Indiana—

jrteamslttps.

UN.

THE RICHMOND k WEST POINT
TERMINAL R.\1LWA\ & WAREHOUSE COMPA Y.

7s.

UraTal Road

11.

Hiibllr.
Certificate fiud in

Yermllilon County, Indiana-

Municipal

B.

NoUry

8a.

DECEMBKB

D.J. T<>MI'KI.NS,HaeratarT.
irawTOUl OtnacTuita-Joaaua W. Drazal, A. L.
niiillai B. Viator Na«eusia, John Paton. Daalal
>. winaiow, Kraatoa Wlman. r. P.
fmnSSk
Oiaottaad J. K. Psiarnrd.

Direct Line to

WalTEB

Attest:

Bandolph Connty. Indiana
XraTHi Kosd 0..
White Connty. IndlanaUraTel Boad Or.
County

^

)^- H. C08TE.I. o'

DBCBMBIRS.

The Onarantee

NO. Ill

Cl.».]

Wabarh Cnnnty. Indiana—

MO oiuKu uvtumsDA.

m

Hoad

ravel

.l.PIERfONTMORu.,.-,.,Tru»tee8.
~,„ ,„.
K. ATKiN
DREXEL, M)11QA.H
A'O.,
,

Blaoktnrd Cnnnty. Indiana—
<*

In accordanca with the provl^ons of the abOTS
bonds, we. trie undersigned, liereby give no. ice that
the following nutubers. Tit.;
2-.>7
3-3
aw 21H1 lesi 8491
2265
577
-.79
11183
6&^
84.7
T4
2«5
407
198S
8'
810
317
ineu
444
181
l>-«5
f»%
18.->7
2(177
S314
SI
2343
sail
lvM8
2aS7
710
2W &43 4MI 8 1< I8:« 977
2S4
KM 2I7'1
vwl
1«7 •682
IM
MH 1714
2108
l.MW
1407
:3
ISIIl
1438
8<«l
8S»
WS8
l.«<«
la-i
18liA
SIS
81
m.i
634
1351
1780
r«i 8V07 230M 24 11 lull 2>5l
8VI0
8112
831U
17S
14' It
h8«
I 54
KS*
775
12iS
747
1143
875
888
2112
Ii8d
»s23711
14K8
1017
ID
31«
IS 7
1,«77
15'9
IWW 1878
g.«B
040
1739
2180
2SU5
17S6
740
I.S.<
1879
88«l
ware this day de«ii?nHt*'d by lot in our presence to be
redeemed. t(w iher »\\\i the p-emiuiu th leon. aa
proTide-1 in said bonds, 't the L .niioii ,t ^an rancid
CO Rank. Limited. No 88 O d tlnad stie- t. oodon,
E. C, England, .,r at ih- .-fHce of Mr-.-.srs. T.'Xel,
ew Y rk, on he ls4
M(rg.«n A t'o.. in th.-Citvof
day of April, 1887.— iited
»w VoBK, m.v. 24, 1888.
I

«.

W.

Uatld Lhiws.

atreets.

after Dec. I. l(«i
Allen County. Indiana—

Howani

OKIAHA BltlDCK BONDS.

is

•

Pollelea tjaaad a^mlnat aeeldanta caualnx death oi

B. G. WUllama,

payable at the banking houa« of
WI.NjT/JW. LAJJIKR A C»., corner of

ing bonds

FinatictaX.

X'c.

PtOIFir^
THB FOLLOIT- T-HB UNION0«»1HPAN V RAILROAD

T'IIEI.>TERESTON

h irvi

Tka bga^

ptuideuds^

Itttetrcst,

Per

TORK.

liECIJRITIES.

mOBTUACiU

Bonds

Cent

AT PAR AND ACCRUED ISTKKEST.
Security unquestioned. Principal
payable in New York.
For further [larticulars apiily to

and

Interaat

THIBD NATIONAL BANK,
CUattauooica, Teun.

R. T. Wilson

&

Co.,

BANKERS AND COMMISSION MKKCUANTB,
a Exebanae Gonrt, New York.

THE CHRONICLE.I

[Vol.

^lunucial.
87

&

RR.
HILK STREET,

Atlantic

Pacific

BOSTOS, Oct.

Co.,

80, 1886.

XLm.

^tuawcial.

and Intercet at 4 per cent of the company's existing
mortgage indebtedness. If the bondholders will accept such guarantee, and In consideration thereof
exchange the existing bonds of this company.
The plan has already been acquiesced in and approved by many holders of the bonds, and in large
amounts. Its success is contingent upon the assent
on or before Dec. 27. 1886, of the holders of a majority in Interest. If such assent Is not obtained by
that time It will be considered that the plan Is not
acceptable to the bondholders, and at the option of
either company may be abandoned. In that event it
cannot be expected that any other plan can be presented so advantageous to the bondholders as that
now proposed, or that In any other way can they so

Jarvis-Conklin
Mortgage Trust Co.,

Theholders of ttalB company's bonds known ults
8DCCE88OR TO
" Western OItIhIod" 6«, due 1910, and of lu "Central
DlTtslon" 6f dne lOSS. are taerebj Informed tbej can
ezchanKe those bonds, of each class, for an eqnal
amonnt, par for par, of new Four<4) Per CentOoaranteed Trust Gold Bonds of this c mpany.
The new bonds are to be dated Jan. 1, 1887, to mn
00 years, to bear interest at the rate of Four (4) Per
Cent per annum, payable semi-annually, January
Capital Paid I7p
91,000,000
and July, and are to be 'guaranteed by Indorsement
upon each bond for due payment of principal and In- effectually protect their Interests.
The new 4 per cent bonds, so guaranteed as to SAini/EI. nr. jarvis, Prea't,
terest by the Atchison Topeka & Banta Fe Railprincipal and Interest, and with all the advantages
E. WILSON, Ist VIce-Prea't.
road Company and the 8t. Louis & San Francisco
P. inoRGAN, 2d Vlce-Pre»>t.
Railway Company to the extent of ne.half by each stated, ou^ht to be highly regarded for investment
and at once command a market value equal or apcompany, and are to be secured by the deposit in
R. CONKLIN, Sec'r.
proximate to that of the most approved securities
trust by such two companies wilh the Mercantile
WOT. F.
Treas*r.
Trust Company of New York of the bonds for which of like character.
By the deposit In trust of the existing mort«;age
GEO. W^. OTcCRARIf, ConoMl.
the new bonds arc to be friven in exchange.
The necessity for making this proposal to the bond- bonds to the extent that they are exchanged, the security of the lien of the present mortgages on all
holders has long received the careful consideration
The above Company negotiates mortgajKS
of the three companies and is now urgent, Thead- the property will continue for the benefit of the on Improved Real Estate worth from three
to
TlsabUlty of its acceptance on the part of the t>ond- holders of the new bonds.
five times the amount of the loana.
The
The Mercantile Trust Company of New York will
holders will be eTident from the following statebe the Trustee under the Trust Indenture made by Mortgages are for five years and draw six
ment:
and seven per cent interest.
Notwithstanding the establishment of a new the three companies to secure the new bonds, each
It also offers its ten-year Debentures, drawthrough trans-continental line over the Atlantic & one of which will be authenticated by it, and a copy
ing six per cent interest, which are direct
Pacific Railroad between the Mississippi and Mis- of the same may be seen there.
The said Trust Company, at New York, and
souri RiTers and the Pacific Coast by contract with
obligations of the Company. They are issued
Messrs. Kidder, Peabody A Co., Boston,
Southern Pacific Railroad Company, and also bythe
in series of $100,000 and secured by an eqaal
Messrs. Seligman & Stettheimer, Frankfort-o-M.,
completion of the California Southern Railroad to a
amount ot First Mortgages on improved Seal
Wurttembergische Vereinsbank, Stuttgart,
connection with the Atlantic & Pacific Uoad, the
Estate deposited in trust with the Mercantile
Rhelnische Credltbank, Mannheim,
expectations entertained at the time of the inception
Trust Company of NewYorlf City. Theyar*
Filiate der Rhelnischen Credltbank, Karlsruhe,
of the enterprise have not been realized or to any
farther secured by the entire paid up capital of
Filiale der RheinlHcben Oeditbank, Heidelberg,
•atisfactorr degree fulfilled. .This hus been owing to
the Company, amounting to $1,000,000.
Filiate der Rhelnischen Credltbank, Constana,
causes which could not be foreseen. Delays in conterest and principal payable at Mercantile
Filiale der Rhelnischen Credltbank, Frelburg-i-B.,
struction occurred, while the cost exceeded careful
Alsberg, Goldberg & Co., Amsterdam,
Trust Co.
estimates general depression In business has exwill be prepared to recei ve from hoi lers of the presisted, active competition and unprecedentedly low
Write for further information and referenoe
rates have prevailed, and, as the result of all, the ent bonds the deposit of the same, with all coupons to our oflnoes at Kansas CSty, Mo., or to
earnings of the Atlantic & Pacific Road have to attached, to be exchanged as stated. THE MERCANTILE TRUST COMPANY OF New York,
A. D. R.
Manager,
this time been wholly insufficient to meet its fixed
charges, although the interest upon its bonds has Messrs. KIDDBB, PEABODY A CO., of Boston,
411 TTalnnt St., PblladelpUa.
been regularly paid. The funds for this purpose and the FRANKFURTER BANK at Frankfort-o^
OR TO
and to pay some of the other fixed charges of this M.. will give temporary receipts, which will be exompany, have been from time I o time advanced by changeable for new bonds as soon as ready.
niesara.
Sc
For each Western Division Bond so deposited they
the Atchison Topeka & Santa Fe and the St, Louis
Managers,
& San Francisco companies, because of their large will also give $20 In cash, as and for interest, and
respective interests In the securities and their con- for each Central Division Bond $13 S3 in cash, as
37 Cnatom Honae Street,
and for Interest, and one of the proposed new guarfidence in the ultimate success of this railroad.
The
ProTldence, R. I.
present obligations of those companies to pay money anteed bonds, bearing interest from Jan. 1. 1887.
on account of interest upon Atlantic & Pacific The new bonds are to have coupons annexed, but
provision is also to be made for their registration;
bonds now issued are to advance to the extent of
and if at the time of the excliange they are not ready
only 25 per cent of the gross earnings derived by
them
from the business passing over their respective for delivery, receipts or certificates will be issued
entitling the holder to the bonds as soon as they can
lines and coming from or going to the
OTASS.
road of the
be duly prepared.
Atlantic & Pacific Company and their
THE BEST APPOINTED HOUSE IN WESTERN
advances
NEW KNGLANO.
Application will be made to have the Guaranteed
are made only as loans, which are to be
repaid with
Convenient
the tourist or business man. Near
Trust Gold Bonds placed on the regular list of the Union Depot. for
Interest. In order to maintain the solvency
of the
New York Stock Exchange, and also admitted for
W. H. CHAPIH.
Atlantic & Pacific Company, and In the
hope of
dealings at the Exchanges abroad.
better reanlts in the future, the Atchison
& San
By order of the Board.
Francisco Companies have already advanced
sums
H. C. NUTT, President,
largely in excess of their obligations
under traffic
Atlantic & Pac. RR. Co,
contracts; but the time has come when
such assistApproved
ance can be no longer expected, and the two
comEDWARD F. WINSLOW, President,
panies have given notice that It will not
nradfson Square,
be con.
St. Louis A. San Francisco Railway Company.
tinned. They have, however, agreed
that on the
The LarKest Best Appointed and Most Liberally
Approved
new basis proposed each will in future absolutely
ManuKed Hotel In the City, with the Most Central
WM. B. STRONG. President,
and DeliKhtful Location.
guarantee the payment of one-half of the
Atchison Topeka & Santa Ke Railroad Co.
principal
HITCHCOCK. DARLING & CO,
.

Conklin

Jarvis,

&

Co,,

KANSAS CITY, MO.

EDWIN

HENRT

«

ROLAND

SHELLEY,

;

CRAWFORD,

OTORGAN

BRENNAN,

Massasoit House,
SPRINGFIELD,

,

Fifth

Avenue

HOTEL,

NEVT YORK^

Grand Rapids & Indiana RR.

CALIFORNIA PACIFIC RR.

Notice to Holders of 5 Per Cent
Bonds,
.wT"
this

CO.

The $9,290,000 FIRST MORTGAGE 7 PER CENT
BONDS of the above company mature Jan. 1, 1887,
payable In New York. The company has resolved
to
extend the same at the rate of 41^ pe cent
per
annum for the term of twenty-five years, vis., till

?**} *J® requirements of the Stock Exchancs
bond ha.s been newly engraved and thoI^SS;

Jan.

1,

bonds

1912.
will

Principal and Interest of the extended
be payable, as heretofore, in United

States gold coin.

Holders who wish to ayall themselves of the privilege of extension are requested to
present their

cxter'''fEir:':'iii?jni.'S2?L'^""«"'"' -"" '"«
J- H. P. IIUOllAKT,
Secretary.

bonds at the office of the undersigned, where their
bonds will be stamped and the new coupon sheets

NASSAr
P. O.

ST.,

BOX

Speyer

1,482.

N*l^f,?T',^ T,*

business. Inolndln* the
purchase and sale of securities
listed at the New
York Stock Exchange, or in the
open market.

"^'^^

'"
"t'^"''
intereet on dally balances.

Qoremment.

ho«^

State,

*«*

»t

.^

onnT«"

WBSTEKSr RAIL-

li'

"'iS^- ?"',""'"'K

County, City and Railroad

tnutfonda^

Co.,

...""* "^'-•"lA, Nov. 20, 1886,
holders of bonds of the Soot hside Railroad
"""™'"' Com.
^-om"

Sp^K^
1

"ght and

constantly on hand for .ale
or exchanTa,
Partlouiar attention given
to th, subject
"'"'"*'
menu for institution, and

&

MILLS BCILDISG.

NEW YORK.

TrMsact a general banWn«

J^^7
allow

G.

Moors.

W. k. Kitchen,

Moore

&

o. B. sohlbt

Schley,

BANKERS AND BROKERS.

26

BROAD STREET, NEW TORK.
•BRANCH OrriCBs:

78 Wall

N. Y.

II 4 80, Third St., Phila.
Connected with
A. EVA.va ik Co., Boston,
Corson a Macakt-vbit, Washington, D.O.
St.,

'

January

B. L. Brewster & Co., ChlcaKo.
IIDBBAHD A Farmer, llartford.

Prirate Wire Connections.
Stocks, Bonds and Mlseellaneons
New Vortc Exchanttes; also Qraln and
Provisions on CbloaKO Board of Trade.

Bar and

sell

Securities on

.1

Spencer Trask & Co.,
BANKERS dk BROKERS
16 and 18 Broad Street, N. Y
Albany, N,Y.

Providence, R. I

Saratoga.

ist, Ii-87:

ana »m.j.ooii .hoc inrt Preferred 6 per cent
and l9iw7Kerw,d"'p^/'"i,*'i'"«™'' « Percent
dated Mortuage Il.,nd8 of the Southslde Consoiu
Railroad
Comnanv, maturing January 1, 1887. are
hereby no'hexatne. together with the six
i'J^tVS"'
imerest coupDns thcroon, then due, will m^ths^
be nSr
chased and p. Id for at par at maturity,
senlalion ot the bonda and c.upons at tn on the £?el
s otHce
Interest onsald hond. will cease nut.hat
d,™e
.— r HOBEHT W. SMITH, Treasurer.

|

I.

affixed, until Dec. Ist, free of charge.

Henry S. Ives & Co.,
BANKERS,
No. as

John

Transact a General Banking Businen,
Direct Private Wires to each office and to

PHILAJ>ELPHIA,
BOSTON,

WORCESTER.

xmtk

OlWlltfO^ff

HUNT'S MERCHANTS' MAGAZINE.
REPRE3BNriNG THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES

VOL.

SATURDAY, NOVEMBER

43.

CONTENTS
Betnnu

617

RaUroad EamlDKS
623
Monetarr aad Commeralal
En«IUh News
623
Gommerolal and Mlacellaaeoos
Kews
625

6le<

Tnmk-Una Earnlnn.

630
Pro«pM(iorO«orcia Central.. 632

$358,683,911, respectively, in the

two

years,

or a g;ain of 37 3 per cent.

THK CHBOmCLE.
Oiaartaig-Hoiue

Tbsn<i«mei*l8ltiutlon
Vaw York Onkln R«reipt* and

and

$493,415,895

NO. U18.

27, 1886.

Wttit

Endint Won.

13.

Hew Tork
»/lSUxki....ikant.)
(Ot>t(0it....ftaiM.)

(Sra4n...t>uJjUi<J

Tas UoxMXROiAi. Ain> FntAirciAL Chboniclb it
Nm» York Mery Satwrday morning.

(PetroI<um_MlJ.)

publithtd in

(«t(Nd M tha Post Offlae. ITew York. N.T., a* eeoond olaaa mall matter.

Boston
ProTldanoa
Hartford

New Haren.

Terns •t Sabserlptlon— Payable Ib Advance:
fWr One Tear (tneladlns postage)
do
nrSlz Montka

—I
a—Mam.wibeertptton In uindoa (iwilndlng poatege)
1w
4q

(|0

Lowell

11 28

aSTs.
......

ai

tmranoBS' SiTPrOEXnrr, laanmi'onee
and fomlabed wtthoat extra eharge to ubaorlbeta

prteea toeliida the
,

Sprlnfffleld.

6 10

Mpaaa Sabaerlptlon (Inolndlnx poatagei
4o

Portland

Worcester

$10 20

8fl.

in two
of the

Saiaortptiona will be ooottnoed nntll deflnttel^ ordered atopped. The
eaoiiot
reaponalble for remlttanoe* anleaa made by Orafta

be
fMlalMin Monar OnLva.
tr Pm* OMae

A aaat Ua oarer b mmlabad at 50 oanta: poetage on the aame
•Mia. Taiaaaa boaa d for rob«crlbera at •! 00.
Oflleaa la

18

tt tka OoioiaaoiAL Ain> PutAjicixL Citxoinou In London
BDwaana A Smith, l Drapers' Gardens, E.
where sul>aad adrarttoBiiianta wUl be taken at the re^nlar rut«a, and
paper sappUed at la. each.
iBOncLB Ui Urarpool la at BIS. EzohanRe Bnildlngs.

C

wttk Maan.

WILUAM
«OB»

O.

a. D4WA.
rLOTD.

BaltUaora.

Cblaa«o
CInotnBatI

MUwaakee.

BBcIand.

Tka t^Sta*
li

la

Philadelphia.

PttUbanc,

Detroit
Indianapolis
Clerelaad.

Ooiniabu

^nLLIAH
TB

4c

B. DA!<rA A Co.. Pnbllshera,
81 Wllllaia Street, MBIT YOKK.
Pimr UPricc Box 958.

—

On page 631 will be fonnd th« detailed retarnR, by States,
of the National banka, under the Comptroller'a call of October
Previous returns
7. kindly famished us by Mr. Trenbolm.
were published— thoee for August 37 in the Ciironicle of
October 3, page 891, those for June 3 in the issue of July 10
on page 47.

CLEARING HOUSE RETURNS.
A

more active speculation in railroad properties at New
week under review has acted as a stimulus to
dMrings, and in consequence the present flares for this city
•zbibit an excesa over November 13 of $46,141,610. The dealings on the ottier New York exchanges have also been of much
greater volume than in former weeks, especially in petroleum.
Outside of New York an increase over last week of 117,915,694
is recorded, the most notable gains being at Philadelphia, Sin
n«ncboo, Cleveland and CincinnatL
Goatrasted with the corresponding week of 18S5, there is a
This decline is due to a large
loss in the total of 8*3 per cent.
Yorii daring the

falling off at New York, for, excluding that city, an increase
of 6'7 per cent is exhibited. Furthermore, the loss at New

not doe to less favorable trade conditions than at this
bat rather to stock operations, which were decidedly heavier in 1885, the sales that week being in fact the

York

time

is

last year,

largest

Not loolndsd

for the five days, as received by
telegcaph -^his evening, cover only four business days, the
Thanksgiving holiday having intervened.
In compari^^on
with the correspomling period of 1885, which also embracel
only four days' transactions, there is a loss of 1'8 per cent in
the whole country. Outside of New York, however, an in-

crease of 10' 1 per cent

1886.

New York
Sola oj Stock
Boston.
Philadelphia

Baltlmota
Chioaffo

Loots
Orleans

New

Share transactions on the New York Stock Exchange for the
week cover a market valae of |12O,149,O0O against 1^55,138,000
As is our custom, we deduct
for the week of last year.

is

recorded.

nv* Day

St.

on record.

In total.

The returns of exchanges

Total
Total an

18».

»5»!!,067,82S
(riu.)
...,

1828.817,082

(9,«18,420)

(2.277,1761

68.M7,«S8

6S,848JS',1

44,913,964

37,800,851

8,788,486
37,491.000
10,»t8,4S8

7.772.943
37,935,000
11,B06,6S3
11,487.793

8.986,844

S

Siuttng Nov. 86.

PtrOuU.
-B-3
(-8-6)

+7-4
+20-4

+13

ik

1888.
l63-.94rt,S83

(2,061,067)

78,028,824
86.682.851

JVoti. 19.

PerOttU
—12-2
(-429)
—4*6

+111

11.664,657
44.998,000
13.438.153

+5-9

-21-8

9,455.108

-12-8
+18-6

1

-1-2

—

1-9

1"1

+3-0

-9-3

1771,738,166
72,236,483

t79S.663.843

-3-4

58.933,817

42*5

1849,213,726
71,883,768

(843,974,640

»857,617.690

-I -a

»«21. 097,479

-7-a

VS.i.lrySurt

-.4-7

valaes from the New York totals to arrive at the Ontslde Now York |«l,gO«.H^7 law 801) «0H -HOI
* Kstlmatdd OD th0 buU of the last weekl j returoa.
ezchcngrs doe to other business, the result reached being

docUe these

D^§ Snd-g

THE CHRONICLK

618

active this week,

rate was, however, the

The higher

15 per cent.

result of manipulation for the purpose of influencing the

At no time daring

stock speculation.

borrowers
procure

with

money

acceptable

per

6

at

the

Where

cent.

the

to

security

is

remittances.

The

that

withdrawals of gold from London.

In the discussions about the National banks and the

week have

been unable

collateral

ZLm.

commercial bills are
likely to b© heavy the next two weeks.
Much, however,
depends upon the movement of securities which, though
in our favor now, might be quicKly reversed on any large
reason for this expectation

bankers' balances having oaned at the Stock Exchange at
4 and

New Year

the inquiry sets in for the

THE FINANCIAL SITUATION.
The money market has been more

[Vol.

continuance or discontinuance of the system, which are
becoming so active now, the fact of the popularity of

mainly the national system among the people ought to be kept
prominently in view. Tuis popularity is well illustrated
the raw Hn been much his;h«r, averat(ing probably 8 pe'^ by the circumstance that altfiough all the profit on cirand it was this coadiiion and the inq liry from tbi^ dilation which ha'i heretofore existed is lost, and although
cent

was

oSdred

inferior

of

grade,

of stocks wfiich have been recently

consisting

and rapidly advanced)

;

source that penuiited the raie to be btd up to 13 per
at wtiicn,

howrfver,

only

amuutiis

stn»ll

wnre

c-^nt,

loaned.

R^nnWtU of good loans wtiicii stood at 5.^ ptjr cent
week ijave been marked up to 6 and some a little
desirable to

6}- p-tr

liberal lenders

on

less

Banks indeed have not been

cent.

call,

last

for although they are in a better

conduiou as rei^ards reserve the demands upon them for
time lo4t)s and for discounts have absorbed about all the
money they have been disposed to put out. A few insii
tutions including insurance companies and savings bank
are reported as making long loans on really prime coUatera
at 5 per cent, but this is entirely exceptional and the
borrowers consider themselves fortunate.
The cable reported on "Wednesday a further decline
in discounts at London, the open market being easy at
2f@2J- per cent for 60 day to 3 months bank bills, but
there was a recovery [to 3 per cent yesterday.
By a special cable to

us

we

see

in

part the cause of the decline

banks have to buy bouds at a high premium as a prelimiand although there have been a

nary to organiziiion,

very large uuinber of banks going out of the business
becausH of the necessity presented (through the calling

bonds th^y held) of giving up their charter

of the

in

vaatag' s
in,

the

latrst

reiuriis

Tuis

not

is

of

The Bank

holdings

£20,099,595.

of

bullion

This condition of

are

now

therefore

the exchanges, permit-

movement of gold from the Continent and
elsewhere to London (as these arrivals indicate), with no

ting

the

immediate prospect of further large calls from America
in the absence of any considerable trade demand gave'
the downward tendency to the open market rate-

7,

full details of

page 631)

because the

which we

has been uninterrupted.

capital

wanted

the systenn,

but because the people would not trust State banks, and
so forced capital to undergo all the disadvantages referred
sake of obtaining public favor. To indicate
this growth we give below a little statement made up
from the Comptroller's reports of the previous seven
the

for

to

years,

adding to

it

the figures for the past year as they

appear in the returns already referred

the

from the interior of Great Britain of £171,000, and
an export principally to South America of £340,000.

(October

on

publish to-day

Bank of England on a subsequent
of £19,000 reported Thursday being made up by an
Tear
import from Australia, etc., of £150,000 and by receipts SntUa wUh
early in the week, the net loss

—

notwithstanding all these disadthe pariiality for, and confidence of the people
the system has been and is so great that growth up to

or baying ottier bonds

AveroQe
CapttaL

Capital.

1886
1885
1884

2.853

t
548,240,730

1883.

3,501

1882
1881
1880
18T9

2,289

2,714
2,464

and published

Banitt Ortanized Barino Tear.

Total Btnkl.

Number

October.

to,

page.

2,1:8

194,380
196,810
203,800
212,910
217,510
218,950
221,730

457,800,000

2,018

Capital.

174
145
191
262
171
86

21,425,000
18,938,000
16,042,233

454,100,000

57
3S

Capital.

1

»
192,028

527,300,000
524,300,000
600,700,000
483,100,000
463,800,000

2,090

Average

Nambtr

28,634,350

issoai
116300
81,000
100,310

15,787,3'X)

ss;no

9,651,050

iis,2aa

6,374,170

111,770
117,100

4,460,000

Tt|^ foregoing shows that there have been 174 banks
organized during the past year with an average capital of

If a further decline in sterling exchange occurs here, or if
any considerable amount of gold should be ordered out
from London for America, as bankers think is possible
during the next two weeks, the open market rate for
money at London would undoubtedly feel it and probably

that 33 banks

francs

portions of the country.

$123,844; but as the total number of national banks in
the country only increased during the year 141, that shows

must during the same twelve months have
from one cause or another. We
have taken the trouble to make up from the weekly
advance further.
record of new banks formed the exact amount of
Our foreign exchange market was irregular early in capital each of the year's additions had, and we find
the week with a firm tone for commercial and long bank- that of the number stated (174) there were 93 banks, or 56
ers' sterling and an easier feeling in cable transfers and percentof the whole, which had only $50,000 capital each,
short bills, caused by ofEerings against outgoing securities while 49 others ranged from $52,000 up tc $100,000 capiand by the Manitoba loan negotiation. On Wednesday tal, making 147 banks out of the total of 174 of $100,000
the nominal rates of sterling were reduced in consequence or less capital, and leaving only 27 banks of larger capi
of a liberal supply of bankers and commercial bills, the tal.
These few facts show what an important work this
latter coming from cotton exports to Great Britain, while national law is doing throughout the interior and poorer
fell off

because of a pressure of

breadstufEs and petroleum
for account of the

and

drawn against
made by bankers

bills

of drafts

tobacco contract which

this season of the year.

As

is

awarded

at

gone into liquidation

or to readjust
so that

it

it

to the

Is it

new

may prosper and

worth while

to let

it

die out,

conditions of the public debt,

develop as the country develops 7

a result the close that day was

The rights and powers of State railroad commissioners
Yesterday there seem in a far way of baing pretty clearly defined and

weak and bankers ordered out more gold.
was no change in the conditions. Since our last the gold materially limited under the recurring decisions of the
arrivals have been about $1,000,000, and the amount United States Court.
At first it was claimed that a
started this week, so f ar aa we can ascertain, is about $1,000,- State legislature had full authority, through its otBoers, to
000 more. The arrivals are almost wholly from the Con- regulate in any way it chose freight and passenger rates,
tinent, and the amounts still afloat are from the same and that railroads and their security holders had no
source.
It would be no surprise if there was for a time redress
whatever.
Tuis arbitrary notion was what
a

little

larger

movement

of gold this way, that is until

gave

these

Commissions

their

unpopularity.

Not

MOTSMBER
that

or

Buperviaion

SiAte

in

harmful, but

oeoMsarily

led

often

authority

lute

THE CHRONICLE.

27, 188«.]

to

was

itself

that

an

undesirable

the claicn of

excess

of

zeal

abso-

and

abuse of pover, which interfered with both trade and
Just a month ago we referred to the
Tested rights.
decision

of

the Uaited

States Courr, handed

down

that

week, in the case of the "W abash Riilroad, which held
substantially that the provision of

the Federal Constitution

which conferred upon the General Government control
over interstate commerce, made invalid any S'.ate law regulating fares and charges for transportation which aSected
such commerce. Tue significance of that decision may be
appreciated when it is remembered that a leading cause of
difference between the railroads and a State has heretofore been that railroads charged and had to charge
(because

of

the

greater competition

TiiisinoM) a larger price

to

for

the through

carry freight within the State

than they did to c»rry it a longer distanca where it went
beyond the State. It was th? attempt of State Commis•ioaers to bring

down

all

business to t^e

lowest competi-

619

This brief summary shows how important aud at the
same time how judicious the direction of the Court is. According to it, a State has not the power to fix a tariS which
will produce an income less than cost of maintenance, repairs and six per cent on the cash value of the road. No
S ate ought to desire to exercise that power if it had it, for
regulations which do not permit earnings such as are here
provided for, amount to confiscation.
At the sama time.
Judge Hill's order aSords no cover for stock watering it
is maintenance and not to exceed six per cent on the cash
value of the property only that he allows for.
"We do
not see, therefore, how any one can object to the principle
the Court lays down.
Railroad earnings have latterly been a trifle more
;

the

irregular,

tendency not being so uniformly in the

direction of larger totals,
as

far

and yet on the whole

November

showing to better advantage than'Dctober,
there appeared to be a
temporary check in the upward movement. There is
is

when, as will be remembered,

making that the standard), which was an exception to be noted
Tue conclusion of the Granger or Northwestern
cause of controversy.

tive rate (that

(at least

concerns the roads making weekly returns)

as

is,

the case of some of the

in

Taus the St. Paul
narrovel very materially the scopa of shows a decrease of no less than 1117,479 for the third
State authority, by conSnmg it to business wholly within week of November, and the Chicago & Northwestern a
the Slate's jurisdiction.
decrease of $72,000, and this may require a few words of
Tois week we have another ddcision aSdCting in a very explanation.. In the first place, it should ba remembered
difltirent particular Commissioners' duties and powers- that the earnings of the Northwastern roads last year at'
The case we refer to was that of Bond, Receiver, against this time were extraordinarily large, the increase for the
It should be third week of November in the
the Railroid Commissioners of Mississippi.
case of the St.
aid, however, that it is not a final determination of the Paul having been $35,437, and in the case of the
question involved, like the Wabash case, for that was Chicago & Northwestern $S1,500.
In the second place,
a judgment rendered on appeal by the Supreme Court much business that usually ouuts in November had this
of the United States, whereas this is simply a decision year been crowded into earlier months, and the returns
rendered by Judge Hill of the Uaited States District for such months had been exceptionally good. Grain came
Tbe further fact should also be forward very early in extraordinary amounts, and this
Court of .Miisis5ij)pi.
a ohief

roads.

eoart therefore,

involved in the Bond case brought the usual return freights correspondingly early,
hands of a receiver, and therefore under the leaving less of such freights for the later or current
Wd periods. Finally, it is to be remembered that storms of
control and in possession of an officar of the court.
do not know how far the principle laid down would be wind and snow materially interfered with"' business this
affected by this latter fact, as we have seen no opinion, only year, and that the pork packers' strike was only comthe order of the Court; but the conclusion reached seems pletely settled in that week, so it too must have exerted

mentioned, that the railroad

was

in the

to be a rcasonble

determination of the question at issue

an adverse

effect

The papers presented showed western does

upon earnings.

The Cuicago & North-

S'.. Paul because it
Commissioners of Mississippi fixed a gets the benefit of the activity in the ore districts of
In other sections of the country,
tariff of rates for the roads of the State; that the road of Northern Michigan.
which Mr. Bond was receiver (the Vicksburg & Meridian, there is no c'lange in results, unusually good reports com-

and

of general application.

relatively better than the

that the Railroad

one of the roads of the Queen Jt Crescent system), operated
under this tariff for six months, and was not able to earn
even cost of operation and maintenance, its earnings
and expenses netting a loss of $40,000 for the six months;
that under the tariff of charges fixed by the Railroad
Commission this loss could not be made up from the
earnings of the road during the following six months.
On presenting these facts to the Court, the Judge set

aide the Commissioners' tariff and
Beosirer make out a schedule of rates
—tat

ordered that

the

trantportation of freight over saidrotd, to be shippod

ing from the roads affected by trunk line rates, and also

from many of the Sjuthern roads, among which latter the
k, Western is as usual very conspicuous.

Norfolk

Tne Pennsylvania statement

for October has also been
was that for Siptember, somewhat disappointing, though the disappointment applies
rather to the net thau to the gross results, and only to
issued this week,

and

is,

ai

thaJLutsra lines. Taesej,£istern lines show a gain of
$378,177 in grois earnings, but the increase in receipts is
met by an even heavier increase ($454,242) in the expenses, leaving the net actually $7 6,065 below those of

Xrom p3int4 withm Che Slate, to other points within the Bute, October, 1835. Tais is the more surprising that the gain
and that ii doing «o no unjuit discrimination shall bii made
In favor of or a^Uasc an/ individuti or place, and that such in the net last year had been only trifling, so that the
rates shall baoiadi, julginjt from the past and reajonible
any October since 1831. The
praspeotire baitnais ol the road, includiog all its Income froui
bisretat) traiap>rtation, the carrying of the UuiDcd Suites
miU, expres-t traisportation anl otherwise, as wilt be sufH^ieut
to pay all thi expenses of operating the road, keeping in repair the roaJoed, track, bridges, rolling stock, etc., together
with all taxes, d tm i^j for injuries to pers) is and stocK, aa 1
other 004U aad espia-ns instdsnt to operating the road, auJ
pay an inc > ne to be applie 1 to paymiota for the purohaie of
rolling ilick aid other biCterm>)nta, and u>tho iadibteiua-isof
rdulroal cjiapiny, not toexc^el 8 percent on the esUmated OMh value of sti I railrotd, with its rolling stock and
tb« (jt>ier or >party a«ed in operatinx said railroad. It is furti-v. ni9 Rjoairer subn't the sshalule of rates
tl,
ul Oja-nlssioa of the State for revision.
t> I

mM

total

now

is

the smallest of

gross, onthe''other
in 1333.

therefore

ha id, have been only one 3 exceeded

Tue u isatisfactory
is

ex'aibit as to the net earnings

wholly the result of the heavier expenses.

do not know

We

any reason for increased expenses, except that in time of pro3p3rity railroad managers are
naturally mora libaral in the way in which they apply earnOa the Western lines the
logs to repTirs,~renewal3, & 3.
showing is mi :h mora ftvorabla aad against a surplus
abj/e

o'.

iiabil.-,js fjr

fie

moath

of

$127,9.!'5

in 1886, the

THE CHRONICLE.

620
tuiplus

DOW

Here

$256,842.

is

Lin 18 Rast of
PiTTgBDBO.

ings of gold

from the interior. In addition to that movement the banks
have lost $600,000 through the operations of the SubTreasury and have gained $1,000,000 by imports of gold.

1888.

18m.

1884.

1888.

I
4,737331

t

0rou eAmtnin

4.SSe.]74

4,8)9,348

Operftt'R expenses.

8.874.III>1

(
4.447.S47
2.&21.84A

2.>»<1,IV9

2,«1».«3

2,317.1M0

Net eamioKs...

1,M2.717

l,8:l»l.8I2

1.825,7111

2,21».14»

2.010.711

1,855.031

H«7,9i«

+ 14i,833

+268,003 +918,209,

October.

WMtern

;

line*.

Beenlt

Jan-lUi

»

2,0M.7S8 8,0«8,9S4 2,488,008

S,119,&8B

1881.

1882.

$

t

I

4.80O.O&4' 3.(m.971

-l-309,I«94

2,863, V20! I,de4,»23

Oct. SI.

41.8i>3.n»l 37,B9e.80« 40.818.B48 42,769.255 40.548.«32 36,552.212
Gross earnintrs
Operat'g ex peases- a9,78».0'B,a«,4«7,(W8 25.37,^,685 26,473,659 M.MM.OSO 21.801,875

Net earnings...

Weatem lines
RMmh.

XLIII.

The above shows the actual changes m the bank holdand currency caused by this movement to and

a comparison ou both

is

the Eastern and Western lines for six years past.

IVou

14,834.578 I8.IS9.T83 1S.4S7.96I 18. .^85.696 5.0«ft.212 11.750.837
,94l|-llie.Sb9 —519,028+1163,211 +1590,081 +257S.eT7
i;

U.i^SS.nW 18.1)43.224 14.9)8.9.35 17.1S8W07

17.M2P.514

For the ten months ending with Ociober, owing

to the

Adding these items

to the above, we have the following,
which should indicate the total loss to the New Y"ork
Clearing- House banks of gold and currency for the
week covered by the bank statement to be issued to-day.

always to be remembered, however, that the bank
is
a statement of averages for the week,

It is

statement

whereas the figures below should

week and Friday

TOiy heavy gain in the early months, the net earnings of
'he Eastern system for 1886 stand $1,674,796 above those

change

reflect the actual

the banks as between Friday of last

in the condition of

of this week.

Wtek tndtnt Ifovembtr

26, 1888.

Set Ckanoe in

Into JSankt.

Bank Boliinni.

we

add the improvement of Banks' Interior Morement, as abore
1744.000
11,305^000
Loss,
tSOl.O^
Sab-Treasary oper.aa(l gold Import.
5,900,000
5,300,000
(jalo..
400,000
$1,111,618 on the'Western systeir, we get a total gain on
Total eold and tei^al tenders
t6.6i<.0«0
»a.8i».oon
Loss.. 1161.000
the entire system of $2,786,414, which certainly is a very
The Bank of England reports a loss of 119,000 bullion
good showing.
during the week. This represents, as said above, £190,000
There has been an active speculation on the Stock
net sent abroad, and £171,000 received from the interior.
Exchange this week, but the movement of prices has been
The Bank of France shows a decrease of 8,950,000 francs
irregular.
The low-priced specialties are still a feature of
gold and of 225,000 francs silver, and the Bank of Gerfor_1885, and

to this

if

—

the speculation, but they are not

quite so conspicuous as

One or two new ones have been

previous weeks.

in

many has gained 9,540,000 marks.

amount of
.brought forward during the week, and have gone through
this week and
the usual process of making a sharp spurt upward, aod

Among

then remaining* comparatively steady.

and moie substantial
quite prominent for

a

prospective

reason

dent

movement
Nickel

in

rise

the solid

.Voe.

Bold.

Increasing earnings and

have ^_been

dividend

the

for

the principal European
at the corresponding date last year.

large transaclions and advance in

its

in

Plate

assigned

A

also

Ists

a

as

stock,

the

revived

25, 1886.

aUver.

M
Bank
Bank
Bank

of Ent^land

Total this

week

fetal prevloaH

.VoD. 26.

banks

1885.

Oold.

Silver.

*

20,099.595
21,263971
52,371.645 45.643,170 46,503 372 43,733,40<
17,750,760 15,741,240 13.947,750 17,047,250

oJ France
ot Qermanj

coinci-

the

The following shows

bullion in

Lake Shore has been

properties.

touching yesterday 99^.

price,

the

week

..

90,222,000,61 3?4,410 81,715,. 93 60,780,656
90.346.190 61.m9.220 SO,374.977 60.399,572

rumor of an impending settlement with that
The Assay Office paid SI 64,993 through the Sub-TreasAbout the only circumstance having a general ury for domestic and $837,266 for foreign bullion during
bearing upon the market has been the assurance that the the week, and the Assistant Treasurer received the foldifferences between the Baltimore ,&j Ohio and the Penn- lowing from the Custom House.
sylvania, as well as between the Reading and the Pennsylaonti»Ung of—
vania, would soon be satisfactorily adjusted.
This latest OaU.
DutieM.
v.a.
Oold
Silver OerBold.
manifestation of the desire of railroad managers to work
Notes.
Oertifle'f.
tificoUa.
old

road.

harmoniously together,

we have always

is

merely in accord with the views

expressed,

that

when

the time

came

"Jot.

19.

"

20-

22
" 23
" 24
" 25.

t299,050 09
566,650 85

$7,000
«15,000
11,500
59,000
Cus torn HouM
5,5lX>
107,000
7,500
130,000

•'

would

it

has

found

be

an

reaching

in

received

that

the

was

there

understanding
reports

no

but

;

much

difiBculty

market

the

in

nature

the

of a revelation, and they have consequently inspired

With

confidence in the situation.
there

are

many who

high considering

its

reference to Heading

protest that the stock
prospects,

and

new

this

mination of the receivers to default in

is

selling too

week the deterthe payment of

Total

694,558 28
718,860 39

$215,000

$33,000
49,000

44'J.OOO

Closed

403,004
489,000

79,000
92,000

S341.0O0 $1.551.00..

«253,000

Holi

$2,179,119 61

i31.5(>0

Included in the above payments were |5,500 in silver
oin, chiefly standard dollars.

NEW YORK

OHAIN RhJGEIPTS AND TRUNK
LINE EARNINGS.

on the consolidated bonds has been announced,
The grain movement to New York continues very heavy,
but nevertheless the stock with stubborn persistency conand that portion of it coming by rail is large beyond
tinues to rise, and yesterday reached 43J.
The unfavoranticipations.
The figures for the month of October have
able reports of earnings for Northwestern roads already
now been compiled, and while the aggregate is not as
referred to have tended
interest

to depiess

roads, while

the

the_shares of those

heavy as that for Saptember, the total is larger than
same month of any other recent year except 1883.
For bituminous

anthracite coal properties have sagged

in the

The
under a continuation of mild weather.
deliveries reached nearly 15 million bushels (14,956,060
coal for manufacturing
purposes the^demand is very
bushels), or almost four million bushels more than in
active, and the shares of roads interested in that species of
October, 1885, when the aggregate was only 11,091,156
coal are consequently firmly held.
The following statement, made up^^from returns col" bushels. In the corresponding month of 1884 the total
was 14,658,722 bushels, in 1883 16,052,119 bushels, in
lected by us, shows the week's receipU and shipments of
1882 13,743,890 bushels, and in 1881 11,356,056 bushels.
gold and currency by the New Yorkj,banks.
Prior to 1831, of course, the receipts had for 3e\reral years

WUk tnMnt Hmembtr

86, 1686.

Cnrrenoj.

Beeelviiby

Shtppea ftt
H. T.Sanli,. H. r. Bank!.
I744,0(>0

«ol4
Total gold m<l le«»l tenders..

Il,266})00" Loss.

40,000
»744.0«0

Set Inltrtor
Movement.

•1.306.000

been much_ heavier, but those^ were in many respaots
exceptional years,

when

the

movement

1521.000
Loss.. .,Uu,000

of

Loss..

1883 deliveries were greater

.

1561,00.1

wheat was

liberal.

of corn as well aj

Indeed the only reason why the
|

is

iltt

icit ilit

njilitd

NOVKMBIR

THE CHRONICLE.

27, 1886,]

Dashels of the

5,542,93U

against only 3,163,286

total,

621
ATKEW YORK BT

RECEIPTS OF ORAIW

buahela the present year.

Oar readers know what accounts
gate this year.

It is

for the heavier aggre-

mainly the fact that

larger crop of wheat

we have

raised a

N. T. Cent. .bush.

per cent.
bush S,13«JMI»
U-28
Percent.

Erie

and are exporting our surplus quite

Thus wheat contributed

the total receipts

to

5,823,724 bushels, and flour 2,364,780 bushels, or 8,388,504

Percent.
Del. L. t W..bu8h

|

.

3,160.646

3,133.316

2.158,681
15-70

3.736,896
84-88

1,639.038
11-03

1,336,680

85,183

17,074

1015

17-J2

010.910
8-ao
156,777

»21,7«!

6-16
Percent.!
West Shore.. bosh. 1.033.604;
6-«l
Percent.'
511.1491
Varloni RRs.bnsta.
3-62
Percent.;

1881.

2.480.0651 3.143,665
22-15
15-50

1.488.373

23-IKi

»45,<W0|
6-38

1882.

1883.

«,707.328
19-47

l,»32.S1l

.

PennSTlT's..bnsh.

freely.

«,95«.IT7

2.SS7,e04
15-77

ROUTES DtTRINO OCTOBER.

1884.

188S.

1952

1,067,011
7-28

1.100,162
6-85

401,557

iT83

600.316
8-18

1-40

S-S7

1221

|

bushels together, out of the 14,956,060 aggregate for the

month, or over 55 per cent. Corn contributed 3,163,286
boshels, and oats 2,225,142 bushels, the latter cereal
maintaining quite well its aggregate of other recent years.
Besides these, the only o^ier important items are barley,

which supplied 631,628 bushels, and malt, 373,498 bushels,
peas, rye and com meal contributing the remainder. The
competition of the canals

is

best

shown

in the case of

whsAt, of which cereal 4,721,524 out of 3,823,721 bushels
flam* by water.

In corn the prominence of the canal

is

not nearly so conspicuous as in the months preceding, the
railroads having in fact brought in almost an equal

amount.

In the case of barley, however, 428,733 out of

631,628 bushels are credited to the water route. In oats
and flour the water receipts are made up almost exclusively
of the coastwise shipments.

We have stated
grsfttar than in

any previous October back

to 18S0 with

With regard

no

rail

RR.bash. 7,9M.40S
5306

Percent.
RlTer St coaatw.b n.
Percent.
bnsh.
CAoal
Per cent.
Total

such exception need

and

made,

be

tained in October both this year and

last,

but the

tariff

5-«
6,530.528
44-55

3a4.60C
s-ao

178.896

257.045

7,951.300
5«-28

1-81

6,821.260
45-63

7,382.076
64-48

7.8t)0,7<4

4,215.161

I

OK

25

0-30

45-29

160

1-1»

3M-00

all ...bn!>h.ll4,v66,a6c> 11,0»1.156 14.658.788

4,033.080

S6-5S

8.525..100

53-11

18.052.119 13.743,1-90 11.386.066

mr

has been redacied to grain on the basis
of 4'j bashnU to a barrel, and no distinction m ida in tlie weights of Cba
different kind« of bualial^, aU belu^ added tc>;<etli«r oa the samo basla.

We have

table

fl

N^w York

referred to the falling off on the

we take the Central in connection with the
West Shore, the result is much more favorable, the two

Central, but

if

roads having 3,391,508 bushels this year, against 3,449,-

922 bushels

In that way,

last yaar.

of 22-63, which compares well with

when

18S1,

As

progress.

a

W3

too,

get a percentage

the years preceding

all

trunk-line war was in

fierce

months, the deliveries by mis-

in previous

cellaneous aoads are unusually large, both in
ratio,

we consider that the most important fact disclosed by the
Through rales by the trunlc lines were well mainfigures.

46.015

773.250

6.511,395
58-70

195.392'

Note.— Tn the above

to the move-

the single exception of 1883.

ment by

Totil

1883 except

that the total deliveries this year were

706,746
7- 18
02,386
0-5T

j

amount and

to that source this

541,149 bushels being credited

62,335 bushels in October, 1883, and

year, against only

the reason of course

Lqhigh Valley continues

that the

is,

to be acuve outside of the trunk-line pool.
Perhaps the feature of most interest, however, in con-

was five cents per 100 lbs. or a dollar a ton
nection with the rail movement relates to the revenue
higher.
It was suppoied that this would operate greatly
derived from the same.
Fjr the first time this year we
In point of fact, both
to the disadvantage of the roads.
are comparing with a period last year when the truok-line
the water route and the railroads have carried more grain
Hrjnce we know just how the rates
tariff was maintained.
than in 1885, and while of course the c»nal has increased
for the two years compare, and hence, also, the difference
its percentage of the total movement as a result of the
As
in favor of the current year is no longer what it was.
this year

higher

rail

UriS, yet this increase brings the percentage
the same month of 1884

only up to 45-63 per cent, while

m

the ratio was 34^ per cent, in 1883 531 1 per cent, and in
1882 48-69 percent. Moreover, in no other month this year
DCe the canal was opened except May has the ratio been
quite as small as for October.

avly

that) is after all

Of course 46 per cent

(or

now

against the 25-cent rate

—

ruling, the rate in

October

that is, the roads got five dollars
last year was 20 cents
a ton in 1886, Cnicago to New York, against four dollars

But

in 1885.

with

only

that

case

in

Sip'.emberthe five-dollar

$2-20

previous

the

over

being

100

per

compared

taiiSE

increase

the

/ear,

a heavy proportion, but the point dollar
per ton improvement in October

in

one-

Tiie

cent.

fquivalent

is

make is this, that at a time when it was to only 25 per cent increase.
even
Still,
that
expected the rail movement would be quite small, it turns IS considerable. The 7,936,40.S bushels coming by rail
ont to be exceptionally free. In illustration we give below we figure had an actual weight (taking the customary

we

wish to

the October totals for the last nine years, and the amount
contributed to those toUls in each year by the railroads.

The 1886

ratio of course is not the heaviest, but the

amount

—with the exception only of 1880.

is

standard of the weight per

bushel of each of the differ*

ent cerfals) of 179,000 tons, and on

the one dollar
which one-half, or

this

increase would represent $179,000, of

say $S9,000, would go to the lines east

amount brought

E<cludin»;, however, the

at

TMol

By

JfaO.

JUaiptt.

RiU.

UneouB

Biuk.

ntai

7jaS.4M, ISSI..

IIJM,IM

•,»II.S8B

ll.8ail,0M

rwj.'iT 'the

Thns while

18S0..

total of

IO.OSO,8Sl

aO,8S8,761

B.sie.aie

movement had

20,328,761

bushels,

roads

is

different of course,

— Lackawanna

B

itfalo,

miscel-

and

two

yeai-s,

and allowim; not only for the diff ^re ice in
amounts carried in
here is the result as to earnings on each of

the five roads.

in

1880

West

and only the two new
Shore record larger

—

Compared simply
totals than ever before in October.
year, the Lvskawanna is the only one
with the previous

ORUN

January

only 5,916,-

and

7,393,117 out of 19,356,542, in 1886 it had 7,936,408 out
In the case of individual roads
of 14,956,060 bushels.

the showing

roads,

APPBOXIXATB OROSS REVEinTB FROV TBBOnOR

in 1878 the rail

918 oat of a

as,78M,«7a

1878..

T,*M.774I
*.»W.««7l

i0ja(i.Btii

IBM
i«toas,iu

of

by fie

rates, liut also for the difference in the

t«JMjOS»

U.TWJ80'

in

lf»«.

1886.

»

New Vork

Central.

Krte

PennsxlvHnla
Del. I.sck. & West.
Waattlhore
Total..,

183.000
180.000
53.1100

68.000
6^.000

4I8.0O0

Ine or [kt.

«

1

Ut Oct. 31.

1886.

I
*
S
14.000 1.363.000 I.106.0<i0 Inc. S68,00S
81.000 1.027.0(10 7i«.000 Inc. 8t>0,000
IK.OOO 5011.000 4S;1.0O() Inc. 17,0a«
lf-6.000 I'O. 320,000
4.\OllO
615.000
377.000 331.0UO Inc. 60,000
e-.'.0"0
I

I

1 10.0011

TOKKkO*.

no.

67.000 Inc.
41.000 Inc.
7.iKI0|lna.

P6.00O Inc.

SMOUOiliio. l»a OOP

8.7«l!.00fl 2j<33.ii«lo lis.

Tnis shows larger earnings from the grain

940,000

traffic

on

trunk roads that has a greater ratio (ihe canal's every one of the five roads, the heaviest increase bHing by
of the
percentage having increased over that year), but all have the Lrkawanua, which agniust a revenue of only $7,000
baavier amounts except the New York Central. Here in I8H3, had a total of $52,000 this year. Tiiu Erie
five

an

the percentages and amounts for six years.

comes uezr, with a gain of $33,000, while ine West.

_

THE CHRONICLE.

622

Shore hai an iacrease of $22,000 and the Central an
for the two Vanderbilt

increase of $14,000, or $36,000

[Vol.

XLnL

favor the idea that i^is in that and the States contiguous
that the greatest development

is

to be expected in the near

Birmingham, Ala., the iron centre of the South,
Taking the five roads together, the increase reaches is not very far removed from the capital of Georgia, and
For the ten months the with Alabama thus on one side, and Tennessee and
$126,000, or over 40 per cent.
increase on the same five roads aggregates nearly a million Kentucky on the north, and her own resources but very
dollars ($949,000), and in this case it is entirely the result partially developed as yet, there seems every reason why
of the better rate?, for the roads in question carried only its future prospect should look particularly bright, and
about 64 million bushels this year, against over 76 millions specially inviting both to local and to outside capital.
In view of the attention, therefore, directed to this
last year
ihat is, the million dollar gain in earnings was
made on a movement diminished by 12 million bushels- territory, any figures or accounts of the operations of the
Only as regards the Lackawanna can it be said that the better roads situated there are invested with greater importance
on the Pennsylvania the

loads;

increase

is

$12,000.

future.

—

were reinforced by a heavier movement, as the

rates

fol"

.

RBCBtPTS OF OR\IM AT

Jan.

1

to Oct. 81.

NBW TORK BX ROnTKS
1885.

1886.

1884.

M. r. Cent.. bush. 23,809,611 29,188,326 24,361,093

Per cent.

rle

21-52

26-60

1881.

1882.

1883.

25-24

we grant

If

that the prospect points to

29,974,016 37,825,775
30-71
33-82

States

—yet

to

decade in

within the last

even then

the future

of interest to

is

it

know how

faring

are

section

older enterprises in that

—

as happened
newer Western
some of the

hardly offers a fair guide

or

the

have

bush. 17,809.937 20,081,881 16,4»4,149 24,399,200 18,853.453 31,767,381

1606

Per oent.

19'2S

8,49l,63S 12,868,200
12-33
Tga

Percent.
Del.

S!8-27

JAN. 1 TO OCT. 31.

«6,8l:i,0ei

than heretofore.

an industrial development so pronounced that the past

lowing table in our usual detailed form will show.

L.&W. bush

4,819,382
4-65

8,6:9.142

803

Percent

West Shore, bush.

17-87

26-21

80-59

28-94

9,280,446 11,304,513 12,443,832 17,301,077
14-27
10-10
18-95
10-63
4,279,777 4,059,484
8-81

6,416,120

681,061
0-64

4,976.421
6-41

619,3%;
0-49

498,173

821,074

0-66

0-88

Total RR.bush. 68,968.651 76,901,574 6(»,330,886|67,li5,5H0 61,269,475 87,115,307

Per cent.
RirerAcoastw.bu
Percent.

CmmI

78-73

64-54

3,00^,543
.2-88

1.983,987
2-16

63-97

63-11

1

1

Total

all.. bush.

by

the

Central

the

publication

Railroad
31,

many respects the road
pose we have in m-nd.

so

it

happens

that

in

peculiarly adapted for the pur-

is

It

a solvent and not a bankrupt

is

operated by receivers, virtually irrespon-

It is not

road.

of

and

1886,

Such an opportunity is
week of the report
Georgia for the year

this

71-87

88-72

3,107,649 2,097,0131
2-35
34,09:^931
2 93
28-13
bu»h.|37,09l,520;24 ,398,887 30,817.861 [36,124,193 25786936
[
33-30
33-80
28-03 J
31-41
Per cent.
23-31)
1.747,888
1-62

of

the immediate past.

in

afforded

ending August

8,963,734
8-59

Per cent.
693
Tarloos RRs.bush 4,88»,10»
4-53
Per cent.

fared

1078109SU 104307004'91,932,724 108357432 89,153,423 121209241

except to the court and having no obligations to

sible

managed

by

the stockholders,

meet,

but

vitally

concerned in and seeking to promote

As

the

is

name

indicates, moreover, the

line

who

is

are

welfare.

its

centrally

located, and running as it does from Atlanta to Savannah,
PROSPECTS OF GEORGIA CENTRAL.
it passes through a very desirable portion of the State.
No one any longer questions the truth of the statement Besides, it has lines diverging both to the East into South
that the South has entered upon a new era of prosperity, Carolina and to the West into Alabama.
Some of these
which promises to excel in practical results and benefits all lines it operates directly, and others indirectly through
previous similar eras.
The awakening was delayed for a stock ownership. It is thus responsible for an important

long time after the war, both because of political misfor-

body of roads, not the least of which are those comprised
the Georgia Railroad & Banking Company, which is
which that section of the country was adapted was operated under joint lease with the Louisville & Nashville
cotton raising.
But now its various and manifold advan- Hence in the accounts of the Central of Georgia we have
tunes and the erroneous idea that the only industry for

in

tages as a

presented to us

field for

general industrial activity are beginning

to be recognized, and with this recognition rapid develop-

ment

road,

not the operations of a single piece of

however prominent, but the

results of a very large

Already the indications are that the system of roads.
present revival of business in the United States will be
Perhaps, also, an interest attaches to the Central's operdistinguished for nothing so much as for the way the ations apart from all this, namely with reference to the
South has shared and led in the movement.
Very little of
contest for the presidency of the company.
is

assured.

The progress making is seen not only in the opening ot the stock is held here, and this contest, under ordinary
and iron mines, the starting of new manufacture s, circumstances, would merit little notice. It seems to us,
and the development of trade and business generally, but however, that there is a principle at issue, and that is
coal

in the avidity with which railroad enterprises, both old

and new, are being taken hold of in that section. There
is decided rivalry shown in supplying new transportation
facilitiep, and contest for the control of those already ex_
isting.
Companies that have previously had only an in.
different, struggling existence have become possessed of
new energy, laying out extensions and providing additional branches and feeders.
New charters are being
secured, and enterprises long dormant are being revived,
Wall Street, always quick to recognize a change in the
situation, is

receiving

with new favor.

the securities of

Southern roads

For weeks they have been the

whether stockholders are to have frequent and full information of the condition of their property, or whether this
information

is

to be considered the exclusive property of

those for the time being in control.
case,

we think

special qualifications for the

step forward.

As

far as that is the

the election of General Alexander,

As an

office,

would mark a

who has
distinct

illustration of the policy controlling

the present management,

it

is

only necessary to say that

they positively refuse to publish monthly statements of
It is too late in the day to be compelled to urge
earnings.
the advantage of the policy of publicity as opposed to the

The dimensions to which our weekly
policy of secrecy.
upward movement of the market. As usual, of and monthly tables of earnings have risen, is evidence that
course, the Stock Exchange will discount this prosperity manager^ nearly everywhere have begun to recognize the
too rapidly, but of its piesence and development no one public demand for current returns of earning?. &c.
We
can be in any doubt.
cannot be certain ot course whether General Alexander
real leaders

in the

At the moment Georgia seems to be the State where would inaugurate a change in this respect, but he is an
new railroad enterprise is most active. Georgia has for a able man of liberal views, and, besides, the report for 1882,
long time enjoyed a great degree of material prosperity,
while railroad undertakings have been more successful
there than in

many

other sections.

Besides, appearances

prepared by him at very short notice (he having succeeded
to the presidency at the end of the fiscal year on the death
of

William M. Wadley), gave more and

fuller

information

NOTKMBEB

THE CHRONICLE

27. 188«.J

with regard to the statas of the aystem, its leases, liabilitiM on behalf of branch and connecting roads, &c., &c.,

623

3d week of Xovemtier.

1836.

Buff. N. Y. *
and we think Buffalo Rijcli. Phila
& Pitts
Cairo Vlu. & Cliio
that the desire then shown to enlighten stockholders and
Canadian Paeltlo
the public may well be taken as an indication of what Chioatio & Atlanilc
CUo. HU. A St. Paul
would be done if the same management were again in Chioaeo A Northwest...,
Cliie. St. P. Minn. AO...
Cliioago & W<'8t Mich ....
control.
(In. Iiid. St. L. A O
But our main purpose was to show briefly what the Denver J> Rio Grande
Det. Lansinff &, Northern,
Central of Georgia a prominent and extended system of iMUf; Inland
I»iil8ViIle & Niighvllle
the better class
had done in the late year ended the Ist LouUv. New Alb. A Cliic.
Manhattan Elevated
of September.
How much was earned for the stock, and Mi'xicaa Ciutral
how doea the year in that respect compare with other MllwauKee L. S. & West
Milnaiikee
Nortlieru..
A. Western
recent years ?
We have already stated that the opera, N. V. Ont. Western ....
Norfolk A
tiona of the Central comprise a vast body of roads. Northern PaolHc
St, Louis * San Fra'isoo
Taking the accounts as given, we find that four per cent St, Paul * Duluth
Toledo A Ohio Central

than has been given in any report

40.8 00

since,

28,011
16.05 3

,

—

—

..

.

248.000
33,564
517,000
495.500
132,500
25,.548

47.500
156,020
22,006
51,420
299,545
37,702|

156,779
89,5.50

46,101
13,981

.

<fe

. .

were paid in the year, calling for, say, Wabash St. L. & Paoifio
Total (26 roads)
$300,000, and that after this payment there was a surplus

dividends

.

1885.

s

24,772'
87,646,

297,139
108,100
34,916
19,482)
240,000,

53,300
27„55
11,579
186,000
2t>,969

634,479
667,300
144,700
28,714
43.800
133,695
21.532
50,144
271.640
36,362
144,082
78.250
31,390
12,715
24,586
60,193

Increase.

*
6,500

459
4,474
62.000
6,593

117.479
72,000
12,200
3,168
1,700
22,323
474'
1,2761

27,905
1.340.

12,697
11,300.
14,711
1,266
i

186
27,453

3C»4,670

121,914
38,510
5.594
279,000

3,281,633. 3,340,900

7,531
13,8

$81,100, or

the equivalent of

33.006
210,049,

one per cent more.

Only two years before the company had paid
dividends, though that occasioned

$41,000.

The

result

a deficiency of about

reports

$3,683,501 this year, against |5,261,038 last year,
less

269,316
59,267

For the second week of November we now have complete
from 06 roads, and they show aggregate earnings of

six per cent

year would seem to be

this

U

3,624
13,833

Net decrease

of

Decreate.

9

an increase

of $421,413, or about 8 per cent.

and it is this more particularly that
2d week of November.
There were quite a number of
exceptional and extraordinary items in the late year which
Prevly rep'ted (29 roads)
had not occurred in previous years. There is $54,500 Burlington C. K. A No...
Central Iowa
charged as the year's proportion of the cost of ChicsKO A Alton
CUca«o*WpKt41ich....
the change of gauge. Tnis item of coarse appears Cin. N. 0. & Texas Pao. ..
Alabama Great 80
in the company's acconnu
New Orleans AS.E....
for the
first
time, but
favorable, therefore,

we wish

to

appear

will

explain.

VluksburgA Meridian..

again in the current year (the ;^managers

having determined to distribute the cost over a series
years), so we do
not take it out, but merely
refer to its exceptional character.
The deficit on account
of the rental of the Qeorgia fi%ilroad ($44,815), has also
never appeared before, but may very likely appear again,

of

VioksburKShrcT.

A

Pao.

Ciriclnniti Wnsli. A Bait.
Cl'-velanil AUrou ACjI...
Col. i Cin. .Midland

Don Molniw\t Fort Dodge
E«stT<nu. Va. A <Ja
Kvansvtile A Terre H
KUnt A Pere Manmette..
Florida Rwav dt Nar. Co.

•Oram Trunk of Canada.
Honntnn A Texas Cent...
Cut.

*s<o. D.»...

and so cannot be deducted in determining what was
Ci-dar FiilU A M
Dubuiiiio A Sioux City.
earned on the stock. But the deficit of the previous year
Iowa Fallfl A 8.
Indiana Bloom. A West..
(made good out of this year's earnings) amounting to Lake Krii- Wontem
A
$72,266, and the judgment against the company on .Mauhutum Klevated
Maniuetle il. A Out
acooant of ceruin back taxes, amounting to $41,127, Meniptila A Cbarleston
Minubsota A Northwest.
•re extraordinary items not likely, it wouId~8eem^ OhiuAMl'<sliwl|ii>i
OreKon R'y A Nav. Co.
to be repeated. Taking these latter two in conjooc- St. U Alt. A T. H.. H. Line
III.

(III.

1886.

. .

with

tion

the

$81,100

already

surplus

•nd we have an actual surplus on the

mentioned,

year'd operations ^f

$194,493, equivalent to an additional dividend of over 2^
that is 6| per cent was earned on the

per cent more
stock.

tome

Wboooaia

—

3,533,277
72,781
36,249
184,933
28.548
61,002
29,.556

17.251
14,936
13,358
49,093
9,305
6,614
8.526
101,283
13,555
41,812
21,277
367,519
99,960
275,800
4.300
24,000
16,100
58,448
21,150
151,984
16..549

44 575

That certainly

is

a good showing.

^To

be sure, in

13,494
01,382
111,399
26,343
20,520
45,813
31,9.>3

6.604
11,088

A Minnesota

Total (66 roals)

8,682.501

Week ending November

3,250,248
76,945
31.041
182,3>i8

30,025
58,094
21,415
15.946
15,227
12,914

S
308,866
....

.

25,837
4,164

5.208
2.543

1,477
2,908
8,141
1,30S

291

414

32,90il

16,193

8.459
5.807
9,214
93.556
14,004
41,638
27.038
303.413
95,027
268.291
3,565
20.640
14,790
47.773
19.674
138,413
13,031
41.158
0,429
83,598

846
837
688
7,727

449
204
5,761

64,106
4,933
7,.509

735
3.3-iO

1,310
10,673
1,476
13.571
2 918
ai417
4,065
7,784

89,753

151,1.52

26,842
15,273
42.446
30,387
5.209
3,488
8,201,O88|

1

*

Deereaie.

497
S.247
3,367
1,.178

1,485
7,600

500,330
421,413

78,917

13.

of the years preceding the stockholders received 8

per cent dividends, but on the other hand in the previous
period of depression no dividends at all were paid from
June, 1874, to December, 1877. ^B»ring this in mind,

and

Ark. A Texas ..
Hlnfoualn Central
HInu. St. Cnilx A Wis..

St. Loul't

InereoM.

9

.

Branobos

1885.

also the fact that in 1881 a dividend of 40 per cent in

certificates

on which interest

is

^being regularly paid was

distributed to stockholders, and that the road has bad to

meet new competition
line to Brunswick,

in the

we think

shape of the Eist Tennessee

the reenlt

shown

is

the reverse

of unfavorable and speaks well of the district and territory

which the svstem drains.

RAILROAD HARmyOS.
Thf nnfaror^bla returns by ih ? roiis

in tha

Northwest (some

reasons for which we give in our article on the Financial Situation on another pane) mak^ the exhibit of earnings for the
third week of November show a falling off {as compared with
the oorrespondinK period last year. The statement, howevn',

oompriaes only 28 roads, and the result may be changed with
tbe receipt of a^lilitio lal returns. Aside from the decrease on
the Northwest'TD lines, and on one or two others, the statemmt is quite favorable. In amount tbe heaviest gains are
2jrt*I b/ the C nadUn P.toifl !, th^^L^ ui^v[ll e A], Nashville,

Vortaik

A

Wdstera and the Diuver &Rio7}ranle.

P(otietariis®0 mmerictalliigltBtt ^ems
(From oar own correspondent.!
LiONDON, Saturday, November 13, 1886,
If firmness of utteraice anl the dUtinct enuaciatioa of a
decided policy to be resolutely pursued be a guaraitee for the
maintenance of peace and the accentuation of reviving confidence, then the week just concluded has not been barren of
Hitherto we have been more or less
important events.
groping in the dark respecting our foreign relations, and the
development of commercial industries has been hindered in
consequence. But now our course of action under certain
emergencies has been clearly mapped out ia Lord S ilisbury's
speech, and we are in a position to more intelligently estimate
the difficulties of the situation and form some definite idea of
the chances of peace being miintatned or brok'?n. Upon one
point there is a general unanimity of opinion, an 1 that is, if
only Continental statesmen speak out as plainly as the British

Prime Minister, the prospect of hostilities commencing will be
modui vioendi would be disreduce! to a minimum.
covprcd, and the final settlement of the " Eternal Eistem Question" would agun be indefiaitely poatponed ; and if in the
interim these "rising nationalities" show themselves to be
worthy of the name, and set thiraselves to work to develop
and mature their economical resources, the excuse for any
neighboring power intermeddling in their internal affairs

A

THE CHKONICLE.

624

is no reason why a long lease of
should not be vouchsafed to them, and the Insatiable desires for territory on the part of Russia be kept within bounds.
As we take it, the chances of peace being maintained have
increased during the week, and wa may therefore presume
that trade will benefit and enterprise, by the close of the year,
be greatly stimulated. Should such prove to be the case, 18S7
would open brightly. Up to the present we have been, in
some measure at least, trading upon hope, basing our anticipations of future profits on the American revival. We are
certainly doing more business here than was the case a year
ago, but the army of the unemployed has been only slightly
reduced in numbers, and the commercial demand for money,
though larger, is yet far from active. The reports from the
iron and steel districts and from the centres of the woolen
and cotton industries are improving, and warrant the indulgence in bright hopes for the future but for all that we are
not making rapid progress. Nowhere are there are any signs
(Jf a " boom."
Occasional attempts are made to manipulate
the metal markets by that class of speculators who appear to
deal indiscriminately in shares, produce or commodities, but
hitherto with very partial success, realizations being invariably attended by a decided reaction. Except in the case of wool >
which has recovered its loss, values generally are still appreciably belo ve what they were a year ago. However welhave no cause
to grumble at the progress made, and if it only continues
ought soon to fiad ourselves in a fairly prosperous condition.
The money market has become distinctly easier. Even the
fortnightly Stock Exchange settlement has failed to produce
animation, the demand for loans being hardly up to the limit
of last account, and the rates for the fortnight not exceeding
4^ per cent per annum. The commercial inquiry for money
has remained slack. Day-to-day loans have been obtainable
as low as 2@2}4 per cent. The discount inquiry also has
been weak, the charge for three months' bills falling to
per
cent below the Bank rate. We have had no inquiry for gold
for America, and some parcels have been received from Paris,
the result being some slight addition to the stock in the Bank.
The weekly return U favorable. The reserve has gained £483,792, of which £207,342 is on account of increased bullion and
£276,4.^0 due to decreased note circulation.
The proportion of
reserve to^ liabilities has increased from 38-7 to 40*32 per centThe rates for money have been as follows :

would be removed, and there

life

;

^

Open market rata.

London

Bank

t

B<It<.

Diac't H's

Joint

1

row

Three

Six

.

Four

Thrte

Six
At 7 to 14
Stock
Months Afonth. MorUht Banks. OaU. Dana

Montht Jfontht
Oct. 8
" '6

Intereet allowei
for deposits by

IVad<

BiUe.

-

3~@m
- 3 9- 3
- 3J<a3>* 3W® 2
2
- 3«» - SHi. - 3iin 3)ii®4 3«@33i 2«
23 4 3«a
3^34
2H2H
" 29 4 3H» - 3M® - an® - 3^»4 3«®4 3}i9i
^H man
Kov. 5 4 3«(835< sm - 3Mia - 3H»i 35<44 3«a4
2«
ta 2U'2H
"
12 4
SHoSH 3«a - s«a - 3>«a4 3«a4 3^134
2St
in 2H-2H
The foUowmg return snows the position of the Bank of
England, the Bank rate of discount, the price of consols, &o.
2>49

3

®3>4

2

•i

3« 2J<»

•

1886.

1889.

1884.

£

£

£

Clronlation.

1883.

&

Messrs. Pixley
Abell write as follows on the state of the
bullion market:
Oold-Tbe dpinand for the States has now entirely fallen off, but ther e
has been a suihU deiuaml for Indlu. The Bank has received il7»,000
Jrom Parla. The onl}- additional amiiunt to hand diirlntt the week has
been about £(i,OC)0 from the Kiist and the Cai>e. The f. d( O. steamer
hns tatceu £30.000 to Bombay.
Silver has liui>roved raiiidly with a stroni; Continental demiuid. aided
also by the satisfactory sale by the ludia Council vestorday, tlie
market closint; tlrui at 4(J'8 t- The arrivals lomprisc £20,000 from New
lork. £10,000 from River Phite and £L,OMI from Auntralia; total,
£34,000. The P. & O. steamer has taken £i6.0 JO to Bombay.
Mexican Dollars lias followed the upward movement In silver, the
present iiuocatiou being 4&<8d., with small supiiliea to hand.
The quotations for bullion are reported as follows:

SOLD.
tofldm .Standard.

The totals of the imports and exports
have been as follows:
,— Imports
<t

Foreiyn—.
Colonial Proituce.

Octoiwr.

31.097.132
29,677,327
29.054.J99

,

,

,

14,385.216

14,31S,21U

l8,S12.67^

14,679,003

111,466.154

19,816,113

21.866,rt39

19,571.301

Calves

10.939.682

11,772,543

9,760,810

12.388.411

Sheep and lambs

4 p.

99.092.000

The Bank

92.765.0<:h

SSJtp.cl
6p. c.

425i p.c.

8 P.O.

100 S.16C1. 101 13-16d
97.040,000 124,981,000

Oxen and
Cows

bulls

BaUtof
Inttretat

Bonk Op«n
BaU. Marktt
a

2H

an
SH
an

Pnmkrort.

Hamburg
Amsterdam-....

Nov.

8.

Bank

Oiwn

Sots.

Market

Oct. 29.

Bank

Opsn
Bate. Market

2),

3

3

8X
3«
SH
Hi

en
2M
2^

««,

2s<

8J*

an
an
an

~)r
2«
2M

«i

m

2)i>

4

4

4

4

4

4

4

4

an

6
S

5

8«
4X

4

St. Petersburg..

4
B

S

6

3

S

3

8

Oopenhaver.

.

»H

Oct. 22.

Bank
BaU.

~~3~

Optn
Markel

£
5.'»,186.91«

48.812,167
47,641,188

Quantity.-

Pacific ports

Flour

Bacon
Beef— Salted
Fresh

Fish

Lard
Sn^ar, refined
Ci>pper ore
KeKOlUH. &C

-Value.-

1886,
,8,619

£141,192

61

7

1,505

1885.

946

64

1,892

487.467
703.907
793,499

1.035,228

16(>,«2l

owts.
cwts.
owts.

14.582
67,872
39,060

1.103,269
153,619
10,496
64,584
48,198

198,225
282,628
452,851

cwtfl.

25.564
8,467

80
17.676
9,907

1886.

£172,014
125

61.669
53,890
139,045
14,212
113,827
8,630
7.705
81,640

owts.
ewts.
owts.
cwta.

936.967

owts.

13,H49
65,246
5,978
67,936
8,S13

tons,
tons.

672

8.517
63,493
1,312
44,191
183,744
5

3,223

506

...owts.

285,-595

23.847
178,574
94,341
11,061

128
409,862
344,544
589,128
278,593
14.929
145.816
123,688
105
59,162
13,893
33,305
156,220
3.246
75.289
150,106

45
12,610

Unwriiu«ht and partly

3H
s«
8«

2H

Si*

2J<

2>«

8
8

Madrid
Tienna

Brussels..

£

4.768.601
5,467,923
6,339,753

cwts.
cwts.

Wheat— Allan, ports. owts.

Fresh
Butter

'

Paris
Berlin

£

197,381,259
17 9,362.729
177,740,793

1885,
7,844

No.
No.
No.
No.

Hams
and open market rates at the Meat, uuenumerat'a.cwts.
PreSHrviid
owts.
now and for the previous three weeks Pork— 8i>lted
cwts.

13.

coun-

returns

niieese

Nov.

all

£

rate of discount

ohief Continental cities
have been as follows:

and from

20.414,162
18,674,498
18,224,823

£
809.712.458
285,408,149

,

41HP.C,
Sp.C.
100 5-1 6d.

e.

to

The following shows the imports from the United States during October, so far as enumerated in the Board of Trade

J2,640.007

101 e-i6d.

*»H

<*-^ ,-Iie-exportt Soreigrt-,
Irisfi Produce, rfc.
rf Colonial Mdtie, <tc.
ial
October.
10 Jtfos.
October.
10 Mos.

326.9.^8.899

£

1884..
1885..
1888..

25.161.699

rate

45

Mrportt British

,

10 Hos.

23.7t-5.340

Consols
Clearlng-Honse return

ma

tries

Other deposits

Bank

oi-

£4,704,593, against £3,439,747 -an increase of slightly under
Taken as a whole, we certainly catmot grumble
83 per cent.
at the condition of our American trade.

4,6)0,222
24,1x9.604

19.319,2091 22,083,186

silver

Mexlciin dolN. ..nz

47
5u s-ie

45^

tng 5 Krs. gold.os.

Gake

dated mortgage 40-year 6 per cent gold bands (part of an
authorized issue of $1,000,000) of the New Orleans & Gulf
Railroad Company, at the price of 93 per cent, or £196 per
$1,000 bond. Mtssrs. Barclay, Bedau, Eretton & Co., are
authorized to receive applications for £61,650, being the balance of an issue of £137,000 in 4}4 per cent first mortgage
debenture bonds of the Halifax Grading Dock Company, at
£97 lOs. per cent.
The Board of Trade Returns are rather disappointing at first
glance, but not so much so when the statistics come to be
carefully examined. It will then be seen that the falling off
in the totals is more on account of reduced values current
than because of the smaller quantities dealt in. The deficiency
in the value of the imports for October is £633,928, raising the
aggregate falling off for the ten months to £31,244,309. Our
indebtedness to America for wheat, flour and cotton during
October exceeds ihat for the corresponding month of last year
by, roughly, £857,000. In the exports of British and Irish
produce and manufactures the loiss for the month was £449,675, and for the ten months £1,631,936.
Our ten months'
shipments of iron and steel to the United States amounted to
652,060 tons, against 324,338 tons last year: that is to say, the
quantities shipped more than doubled. The values were

4.441,060

20,713,913

77 10

46^

&

2,886.910

i40-32 p. c.

<L

Bar silver
oi. 4SK
Bar sliver.ooDtaiD-

77

for 6 per cent sterling bonds.
Messrs. Satterthwaite
Co
are prepared to receive subscriptions for $800,000 first consoli-

3.140.763

20.016.937

ifov. 4.

<!.

the financial items of the week Messrs. Baring
announce that the Eastern Railroad of Missachusstts is
prepared to offer |3,150,000six per preferred stock in exchange

25.461,975

Beoerveof notes and ooiu
Cob) and bullion
Beserve to llabiUtiea

Nov. 11

d.

t.

Among

26,309,390

securities
Other securities

London Standard.

JVoc. 4.

Bros,

24.691.370

Government

«.

Bar gold, fine., oi. 77 9
Bar KOld, coataln'g
SOdwta. silver. oi. 77 10
3pan. doubloons.oi.
3.Am.donh1nonM.n7

H.8i7.2Si

t

SILVKR.
Nov. U.
«.

excluding 7-da7 and
other bills
Public deposits

£

XLIU.

[Vol.

2M

4
4
5

3JS

»

a

3

2«
4

tons.

220

cwts.
owts.

596.920
10,142
7,i67

245
9.614
9,860
701,309 1,662.548 1,736,225
15.679
21,441
18,918
M,S!H
13,351
3,419
Wood* timber— Hewn.lds.
ll,ii04
loads.
18,281
6,580
34,248
8awn and split
No.
31.733
4,812
17,610
8,420
Clocks
138,199
lbs. 2.378,874
2,726.790
128,581
Leather
Below are the exports of British and Irish produce to the
wrought
raw

Cotton,

Tallow

United States, as far as can be gathered from these
statistics, during October
:

official

MOVKMBKK

THE CHRONICLE.

S7, 1880.1

-Folue-

- Quantity—
1886.
1885.

BonM

27
3.612
bbU.
35,300
ton*
galls.
19,933
lbs. 3.232.700

BikU
Spirits

WOOL

Oottonjtiem goods... yds. 2,056,9>iO

JiUfr-Tam

1.904.700
yds.!!,"'
95,000
Fleeegoods
91,900
lbs
Unon— Tarn
Pteoe Koods-.jds. 5,336,200
ydd.
35,374
flOk broadstiiAi
Otkar artlolra of silk only
of silk and other
.lbs.

London.

1985.

«6,970

2,9^2
18.0S4
24,629
649,000
1,816.300
774.700
12.143.100
60.300
5,111.400
20.631

16,215
24,089
6.197
106,382
63,409
13,784
91,152
2.578
145,642
5.12G

«3.075
12.822
13.488

136,541
2.981

597

2,392

7,791
25,279
52,989
6,973
8i),4'.;6

1.927

I

Woolen fabrics
Woratod fabrloa

yds.
217.100
yds. 2.966.700
OMvMs
yds.
81,900
Bantwaieaad cutlery
Iian and steel— PtK- .tons
8.601
Bar, ancle, dU)..tons
112

53,010
66.S39
151,690

40,519
37.043
157.560
13.261
24,7? 8
25,615
1,080

403,200
3,261,700
51,900

.

225

tons

130

3,948

2,849

53

330
200

21,031
1.105
3.214
252.253

1.452

Lead

nn. nnwrongbt

1

tons
tons
tons
owts.

7,947
21,060
24,463
61

684

Old. for remnftr.tons

Tln--Pbaes
Sieel. im WTOO^tit

403

17,.533

1,636

806,730
45.587
80,700

I and sacks
doz.
St
owts.
Bart hen ware A porcelain.
T»t*t Wilting, prlntlnc,
4h>
ewts.

.

19
3,220
3.405
36,177
9,816
14,838
97,241
K,360
9,759
67,688

348,0^4
25.780
105,300

1,529
14.534
3.867
4.085

20.962
282,812
109,144
921

21.:i63

OCber Unds machinery
Arawl and slops
Babeidaabery A millinery
owts.

2.131

5.330
46.274
ll.liiO

10.838
100.719
2.827
10.756
81,872

Tband/rMtoil OmuUrisa,

UBt.

Isuurta
Ixf to

1885.

s.aaSriao
675,830
l,e3lr,4U

io,«v;.ioi

IJHI.Ott

uQsm

In Oet..

7,»ii.ms TjM4.ir7

£

»Jin

801

.

moot h«..

111,723

us.ia8

uo^ioo

7A,aen

s.4«.r.iii i.4:8.0'is

ita firm featuraj thrju^hout the week.
There has
along been plenty of room for improvement, and the sarpriae i* that it hat not come earlier.
Even now we are not
otrta in that it will be maintained. Had the trade been regulated aotely by statiiticil influences, we might have calculated upon a much firmer market than that at present ruling
but there is in fact ao very little doing beyond preparing for
current requirem^pts that millers have had the trade m)re or
leM under their sole control, as needy sellers have been by no
SMana aoaroe. Of late, however, some cargoes have been
takan off coast for France. This extension of the foreign
damaad, coupled with tbe approach of the time when
asvisation should be clowd, ought to bring the trade into a
parmanently soondsr oonditioa, ad further iaroaUa into home
tooks wdl be naoeMitateJ. But buyers look upoa the future
with comparative indifTerenoe, and it is clear that whatever
dvanoa sellers mar suoceed in secur ing will be very reluctantly OJnoeded. Tbe trade is certainly imp roving, but there
aranorignaao far of an early and decided enhancement of

nitained
all

;

qnotatioos.

Tbe following shows the imports of oereal produce ioto the
Unitad Kingdom during the first ten weeks of the season.
utrom.
IRAS.
ewt. 10.H57.932
5.311.4IJ

WMat...
Barley

3,3.'W,»79

1885.
12.003.600
3.383.474
2,684.467

1884.
11.700.559
4.88),086
2,246.815

m83.
14.M88.S33
4.8;8.tti6
2,6.<<,0i4

397,731
501.42J

379,848
134.741
381.973
53-1.528
774.«8t
742.480
5.175,4tf»
6,272.661
5.466,3)7
3.820.108
3,181,967
2,343,486
2,892,016
3,9<)2,677
„
available for consumption (eacluiive of stocks on
,

SoppUes
Biptember

Avar, prieo wiiaat

2,-443,486

9,300,081

1884.
ll,7fl0..559

a,99J.677
10,352,592

9.805,TOi)

2l,XVi,271 21,0}3,167 2),135,3{8 27,086.^79
1481.
ISil.
1886.
1883.
week. 3'^a 8d. 31«. Id. 324. 01. IO4. Id
.

yiear.eqaaltaqrs
-

"

102U«

1023,,

I12''a

10218

102%

102ii(i

83'22is 83-22%

113%

11316
132

113
131=8

132

71

7II4

96%

97

as's

3SSg

97 14

137%

39
138

7116

97 14

713a
9816

137 19
5938
21>«

eo

'MladelpblaA Beading 21
11716
New Tork Central

102li,,

I31I4
71>4

131

JVi.

4678
1021,6 1021,9

IO214
1021,6
83-22ia 8315

112«t

Thurt.

591s

21
11678

211s
11738

38»8
I3714
591a

22%

59%
21%

117»8

111678

38»8
I3714

|1173a

—

Imposts ajsd Exports pok thb Wbek. Ttie imports of last
week, compared with those of the preceding week, show
a decrease in both dry goods and general merchandise. The
total imports were |7.331,031, against |9,493,871 the presading week and f8, 400,307 two weeks previous. The exports for
the week ended Nov. 23 amounted to $6,331,473, against
18,257,483 last week and f6, 750, 333 two weeks previous. The
following are the imports at New York for the week ending
{for dry goods) Nov. 18 and for the week ending (for general
merchandise) Nov. 19 ; also, totals since the beginning of the
''
drst week in January:
roaaioii impokts 4T xaw tdek.

Ar Week.

1886.

1885.

1883.

1884.

$1,237,193

• 1.241.107

5.-^33.188

$1,559,827
5,311,938

5.734,70i

$1,867,747
5.453.254

•6,470,381

*6,871,765

•6,975,812

$7,321,031

aeu'lmer'dlse..

Total
Since Jan. I

«1 10.321.958 «in2.831,016

Ory Goods
aenlmar'dlse.

283.367,595

296.157,389

i89,324,7J9 (1104.257,543
231,103,761 23-2,088.743

ital

week ending Nov.

33, 1886,

and from January

1,

1886, to date:

BXFOBTB FBOM HBW TORK fOB THS WBBK.

•6,463,981
28^77 1, 3y2

307.5:(5,904

1886

1885.

18H4.

1883.
•7,327,303

Fur tbe week...
Pre V. reported..

«5,6d8,129
285,333,788

•6.231,473
277,-231,832

I.iUl 46 weeks. «314,913.237|j2 16,235,183 $291.022.217 •283.463.355

The following table shows the exports and imports of specie
New York for the week ending Nov. 20, and
and for the corresponding periods in

at the port of
ainoe Jan. 1, 1886,
IS85 and 1884:

ZPOBTS iMD

Or SPSOia iT BBW TOBK^

IMPOB-rs

Imporli.

Xxporlt.

ilreat Britain .......

franee

Germany

...

Vest Indies
dexloo
loath Amerioa......
ill other oonn tries.
T«tal 1886...
rotal 1885...
Total 1884...

Week.

BineeJan.l.

Week.

7,350 «12,553,g25
11,580.539
5,471,569
6,549,426
86,020

*3.762.3I6
6.150.764
9.595,268
2,723,832
45,383
361,495
i',sb6
273,849

1,251^98
23,846
138,516

620,748
e93,47a

c.obo
5,922

SineeJan.1.

•54.292 137,4 69.682 •1.415.660 •22,912,907
6.873.541 1,182.087 12.435,963
178,641
61,488 38.019,574 2,070,366 20,237,103

MlMT.
ireat Britain

franco
Jermany....
Vest Indies

.... ..

$114,950 •8,021,421
865,077
92,000
t<8,250
S2.000
235,7b8
7,829

187,038

9&',3V5

•1,002
50,360
31,238
1,041,087
230,884
382,299
55,387

8,obo

ilexloo

loath America.....
ill other oonn tries.

105,292

•266.770

Total 1886.
Total 1885.
Total 1884.

22:<,415

200.132

48,921,063
14 261,585
12,255,13l|

9195,039

•1,792.347

13,873
19.165

3.295,073

1,694,6-27

m

1880, $14,434 were
Of the above imports tor tne week
Of
American gold coin and $8,915 American silver coin.
the exports during the same time $46,942 were American
gold coin and $3,839 American silver.
Frmieic- TraDB OP NkW YoRK— MONTHLY STATEMENT. In
addition to the foregoing tables, made up from weekly returns,
we give the following figures for the full months, also issued
by our New York Custom House. The first statement oovet»

—

the total imports of merchandise.

1883.
14.388,833
2,892,046

wbeat
seMou. 30<. 1 ;d. 31i. Id. 3i».,10d. 40s. I'JU
The following shiws the quantities of wheat, floor and
maisa afloat to tbe United tCiagducn.
1884.
Last year.
ThU mtk. Latl tsfK.
qr*.

46Uig 4678

IMPOB-rs IKTO WltW TOBK.

1885.
12,00«,600

priee

Wksat

Wed.

46i5i„

8315

5g!>B

1)

1886.
eiwhaikt.ewv 10,857,932
3.181,967
loar
at
7,452,373
Uf kcmiegiiiaii

Tsr.

Pennsylvania

885.386, 3.011.171
«(,50U|
5^a.^50
180.3M); l.«8^.9J0

NW.S1U:
M3.IW «n,a>i
flu
800
BuocU la Ool..
ao
TfalOs
ii,7ni.mH H.3'V.o<>i «.21)<,IBSS
a24ii
aw
2.760
An adranoe of Od. to U. per quarter has been pretty general
in tbe value of wheat, and tbe market baa more or leas

OaU
rum

13m

Tua.

46 weeks. «406,479,347 (386.193.641 t>340,428.563 •386,346,286
The folio wyig is a statement of the exports lexclusive of
specie) from the port of New York to foreign ports for the

1886.

M

twonsla Uot..
Do lOaxmths..

..d.

1021,8
Jonsols for money
1021,6
^Qsola for acooant
Pr'oh rentes (in Paris) f r 8300
112^
0. a. 4'sB of 1891
n. 8. 48 of 1907.,
71 Tg
Canadian Paoillo
"^ilo. Mil. 4 St. Paul....
981s
38
^rie, common stock....
138i«
.lUnols Central

r

lb and from VnlUi Stoto.

ISbA.

a«t

peros

Dry Goods

484
473
1,W7
2,359
934
3.361
1,644
II otlinr klnds.oirts.
443
58,721
Bklnsand furs
58.644
6,718
BtaUonerr A>lli*i Uian pap'r
7.275
Tbe movwiiantB in the precious metals have been as follows:

Imvn^* in
OolOi

I

47

1:'.-I74

26,676
43.987

692

Hoops, sh«et.Ac.tons

Osstand wiu't-.tons

BaUroad

SilTtf,

Mon.
47

Sal.

1886.

90

No.

Beer and ate

625

l.oH •.••'M

1,515.000

2(l.'i<)3

2i>ii.oo0

i67.i>J0

1,570.000
121.OO0

21/.OOO

279.0O.1

167.0JO

1j3,'>0U

l,3*/,ooo

JCoatk.

Dry
Oooib.

General

Soodi.

Qvneral

Merchan-

IMol.

<Uu.

•

*

*

lannarT
fTsbnury

Dry

Merchant

0.410.164
.

Harota

\prU

2838S.73S

.709.800

10.808.800

17.648,208

28.457.008

1S.070.429

26.681,316

.601,74!

18.630.822

I23I6.72S
8,MX33I'

26.384.461
S8,ei8.38R
94.775.653

181.1811

10.214.408
10.38S.68U

26.261.03!"

'<8.g45.3W
35.646.728

17S.719
464.000

6,262.084

25.906.407

32,<>S0,481

6.246.225

22.856.630

28.101,865

e.8M1.971

1iO.2V8.61V

36, 110,180

6.271.511

81.703.187

30.074,698
33.370,601

Hay
Jane.
ioly

daily closing qaotaciotis for seounties, <tc,, at Lm-on
raponed 1^ cable as follows for the week ending Nov, 29:

Tb*

Bn

9.S,S0.75

87.MM.-68

37, 100.52

B.721.58S

24.6111.018

\aRast«....

14,-21«.:«'l

24.2^7JS84

38..476.885

10J80I.600

24.608.536

4aptemher.

.qrs.

10.O^4.'^7

2it.273.5t)3

3»l,.207.816

11.170.773

21.750.620

32.030,402

{1.016.1)57

28,132,140

36,,148,107J

7.860.260

W.5I1O.O6O

34.464,810

October...
Total....

98.1

saj<»i ^.4»5J»t< 364,649,H7;

S1.9U0,14S

87.237.041 282,002.6111 320.040.857

THE CHRONICLE,

626
XPOBT8 FROM NEW TOBK.

CUSTOMft RECBUTS.

1886.

1889.

1888.

188S.

INTEBEST PAYABLB JAIV1JARY & JULY.

*

*

10,988,448

10,898,881

11,799,732

10.496.966

12,900,233

11.877.048

April

10,434,186

9,977,783

83.T8S,«1«

38,718.154

February...

W,3U,S21

83,715,450!

Uarch
AprU

98,304,081

26,137.314[

84,&8e.4U 26,967,843

May

a6,iia8,4si

3ua»

W,3a3,380 28,530.936

June

Jnlr

», 784,041
2S,8S7,S01

Aocaat
Sept«mber

9,021,800

9,520,647

11,878,0111

0,637,884

Jaly

18,605,425

11,717,836

Aoguat
September
October

£6,398,739
27,116,833
28,149,209
88.161,182

ae,06s,78»

....

Total

May

28,341,086

S9,547Ji77

(DUE

Jannary
February
March

Janoarr

14386,978

13,248,451

12.936.964

18.154.708

11,961,389

10,755,168

...

ToUl

8«0,707,r78 «7«.88e.6»l

atwX ^ittaiiclat.

HIVOXVII.L,E & OHIO RAILROAD CO.
FIRST MORT«.\UE SIX PER CENT GOLD BONDS,

MontK

Month.

Oololrar

%:xnMnQ

At ITnD York.

Total MerchatUUtt.

fVou XLIII.

118,490,874 109.039,841

At Central Trust

1»-J.'S.)

Oo. (Trustee),

New

York.

We oflTer, siibjcet to sale, a limited amount of the above named bonds.
Xbene boiidK nre a Hrxt aud ouly ITToriKa!:« uii iiie Knox«
vlllc A Oiilu Uallrt>Hd 4;oifi|>aii>'N propi-ny,— a diviHioii of
the K»Ht Teiiiie'Hi'c Vlr^iiiln ^k (;<M>r;;la Italiivay, by tvhlcb
It iiiakeM coiiticctloii I'or buhiiieNa \%'ltli <'liieliiiiail aud

lioulavlile, mid over wlilrli all the roal imcd by Ilin Kaat
TeiiiieaMcc Vlrt£liiia Ac t^eiir^la HyMieiii, and Miipplied to tlie
terrltury tributary to flfleeii Iiuiidred nilles <>i lt« line
ninst pass. Tlic, main line of the Knoxvili.e A Ohio Kaii.koad is
Kixty-Hcviii miles lii leugtli; exteiuliue from Knoxville uortli to Jeilioo,
on the KiDtiieky 8tat(^ Line, where it connects with the Louisville <b
Nashvilb- Kullruad for Lonisville, and with the Kentucky Ceiural for

United States Sab-Treasnrjr.—The following table Bho\TS Ciuctuimti. forming the only line and the connecting linn between the
the receipts and payments at the Sub-Treasary in this city, as Northwest and the cilies of Louisville and Cincinnati, and the commercial centres of E;i«t Teriuessee and points South and East.
well as the balances in the same, for each day of the past week
Owinrto the moiintainoiis legion traversed, tills line was exceedingly
:

Batanee*.
Date.

Paymentt.

Reeeiptt.

9
NOY. 20
••
22
« 23
« 24
" 25
" 26

1,528.791

Tot»l

7.

Coin

Coin.

Ourreney.

Oerl't.

9
9
806.410 125,708.980 29,851,740
914.751 12.'5,724.383
1,040,331 125,799,003
I,178,'>41 125.858.210

1,27.^.719

1,742,407
1,568,198

9

I

21,239,784
21,151.278

30,28.5,810

30,805,280
30,730,590

21.253,2.12

30,344,766

21.312,867

21,358,299

TTc.lldav

i,75'3,429 r25,9J9,897

1,373,853

.

5.9J9,56>

488.971

—Atlantic &

m

1

Pacific— The plan

exchange of the
"Western Division 6s and the Central Division 63 into Guaranteed 43 is advertised in full in another column.

— Attention

for the

Messrs. Roberts &
This house, although organized October Ist of the present year, is composed of experienced business men, both members having been formerly engaged in
business in New York and New Orleans, Their references
comprise some of our largest and best known banks and
business firms. They make a specialty of buying, selling and
placing first mortgage bonds of railroads, water works, gas
works, and other first-class corporations, on a strictly commission basis.

Sohwarz, of

is

called to the card of

this city.

Unlisted Securities.

Bank.&Merch.Tel,, iren.M
Boat. H. T.<t West stk.
Debentures
Brooklyn Klev'd-etock..

64>4

Mich.

77'<

78"^

18

20
95

N. Y.

Pac— Stock

22

Memphis
lat

A Texas, stock

a.

m

a

100
6Hl

25

25
95

40
44>!i

25
100
62 »4
141-j

6s...

mort
2d mort
Incomes

35

6>a

10

13

95
68
16

West N. Car.— 1st

mort..,

100»4

— Following are the totals of the Boston banks
L.T'nders.

Specie.

Circula'n

Deposits.'

S

•

U'T. 6 146.528,400

0,727,800
" 18,148,233,300 9,675,400
" 20ll45.O6O.4OO 10,154,900

3,403,500 110,037,800 14,290,800
3,464,700 110,642,700 l«.8O7,00O
2,875,900 110,558,700 13,700,200

Agg.Cl'ng
*
93,979.554
89,479.268
90,920,422

Fiiiladeiphia Banlis.—The totals have been as follows:
1886.
IfOT.

"
"
*

Circula'n

Agg.Cl'ngs.

4,211.800
4.223,000
4,243,000

e3.936..321

S
8
13
20

86.456.100
86,882,800
87,005,400

23,312,810
23,58.i,100
2:<,506.100

84,866.700
89.584,700
S5,931,600

58.631.686
6<l,458,249

Incladlngr the item " due to other bankft.'

^aakiag ami

IfiastacttiL

Ualted States Qoverninent aud other desirable

SECURITIES
FOR

INTESTOBS.
AU stocks and bonds

listed on tUe New York Stock ExoUange boaght
sold on oominlsslon for cash.
Deposit accounts riicolved and Interest allowed on monthly bala icer
«ub)eot to draft at sight,

•nd

HARVE7
28

PISK

Nassau Street.

&
New

York.
General Samuel Thomas, President E. T. Y.

&

New York,

J

October 16, 1886.

2 Wall Street, New York.
Dear Sb Your favor of October 14. making Inquiries about the
Fir.st Mortgage six per cent gold bouds of the Kno,xvllle A Ohio Railroad
Company, is received.
The KnoKville & Ohio Railroad Is the line by which the East Tennessee
Virginia & Georgia RK. lu.ikcs eounoction with Loui.svile aud Ciuoiunati at .lellico, near the State line. It is of vit.il imp irtance to our system in giving us the control of the business from nori^liorn cities to East
Tennessee and poiuts further south. Tue road was built through the
mountain ranges at great cost, and while it is ouly seventy miles In
length, about four million dollars was expended by tbe city of Knoxville,
the counties through which It passes, and the present eonipauy, in its
onns:ruetion. It caiiuot be p.iralleled aud oeeupies a commaudiog position for future growth, passiu; through aud being the oulv line reaching
thelargi'and well-known Coal Creek coal field Iroui which all the coal
used by the East Tennessee Virginia & Georgia Hues aud by the people
living in the seelions re.iehed by its tiaffle, must eouu-. This traffic alone
gives it a suflicicut revenue to Insure the payment of the interest on the
bonds; but in luldltion to this the Knoxville & Ohio Company owns valuMil.

Wayne Griswold.

—

able real estate in the City of Kuoxvilli;, a number of uiilea of coal
brunches, and equipment with which to do Us business, all covered by
this mortgage.

The Kast Tennenitee Virginia & Georgia RnlUfay Com*
pany could not alTord to have tikis property paN<« beyond
its control. It' Ita eariilngN ivere uot Nufllclcot to meet Its
lixf d cUarges. Its entrance to K noxvllle, a city oftivcnt ytlve thousand Inliabilaiiti aud the business cent'e of Kasl
Tennessee, Is so valuable that the road would be e igerly
Jc > nshvllle or the Cincinnati
coiiii>anles, to gain access t,» the large
business it controls, for this reason Ihree-fourths of Its
4'apltil Stock was purchased by tbe Kast Tennessee Virginia & Georgia 4'onipany several years ago, and lis managcnient controlled by that company.
'J be property Is able to earn the interest upon Its First
mortg-tgc K<»nds from Its net revenue, and has d4»iie Hi* for
tbe past tno years, aud from this year on must sboiv a
large surplus wlkicb will go t<» tlie credit of Us owners, but
If this WHS not the case tbe position of the road an<i its cost
is such that tbe Interest must be furnl»be 1 by Its oivnera.
These Ijoud.s are carried by theKast Tennessee Virg iii.i Jitieorgla Company as ail iudetiteduess on which intci'f st must he pa'd, along with its
underlying di\l8iiDal liomls.and is so stated in its lejiorts. The earnings

souglit for by the L,ouIsvllle

Soulbern railroad

Lawful Mon'y Deposits."

Loans.

letter of

East Tennessee Virointa & Georgia Railway Co.,
No. 10 Wall Street,
Samuel Thomas, Pres't.
Ml/

24

1st

13

24 b
9i('8

n.
Utah Central.— lat,
Vickab. A Meridian
Pref

44 >8

Loans.

Ark.

Tola.

<t L.

Boston Banks.

Atlantic

Louis Ft. 8. A Wich.. ISHi
PaulE.&Gr.Tr.,lBt8s 105

St.
Sr.

7Hi

mort

1886.

21

A

Ist mort
2d mort

9Hi

B. Ist, Ss..
Mexican NaiiouaJ
Pref

1»4

A

20

Bonds, 1st 6s
Keelv Motor

Stock.

99

St. L.

4^

1st pref
2(1 pref

AB

lat mort
Pittsb. .t Western
20
1st mort
00
Postal Tel. ACab.,when iss 21
Rich. York Riv.
Ches.. 100
St. Jo. A Grand Isl

70

Kanawha A Ohio

.Sh.

Northern

Peusacola

97
33
109

Ist6s
2d8

W.

&

annexed

Ga. Kallway.]

North. Pac.— Dlv. bnnds..
North Rlv. Cons.— Scrip.

81
14

.

Oeorfria

[See

.

.

2d mort

^122,290 21
for the present fiscal year will be largely

GEISWOLD & GILLETT,
Successors to Wavne Griswold,
No. 2 Wall Street, New

60

New Jersey & N. Y
N y & Green*d Lake, Ist
N. Y. City

U

.T

Exohauge.

Ist mort
^f.K.*.T.— iQCotne scrip..

92
90

lieavlng net revenue
The gross and net earnings

Ohio

64
34

let Uiort
1(15'4
2(1 niort
,
79
California Pacific
let luort., 78
104
Cont. Cons. Iiiin. Co
48^2
Eeu. & R. o., when issaed 681a
DeDv..<e RioOr.W
21
Dee Moines & Ft. Doilge
12
Prelerrfd
181,
flint <& Pere Marqtiette.
32

Pref

A

.

No better security has been offered to Investors in this market at the
price named.
Price 102 1-2 flat. These bonds are listed on the N. Y. Stock

SECURITIES.

Amer. Cotton Oil Trast...
Am. Bank Note Co
Amer. Tel. & Cable

;

hi excess of the above.

—Quotations from both exchanges:

SECURITIKS.

expensive to build, and cannot be paralleled or Its trade diverted except
at an enormous outlay of money. The road was built with tuimels
arch d with Rtone. iron bridges and stone abutments over tho streams,
and the grades brought down to less than sixtv-slx feet, in order to
aci^ominodatc a largn tralllc. Over three and one half milllena (.f3,.500,00) were spent by the old company in its comiruetl m and e(iulpment.
It Piksses thiough a couiitiy unexcelled for coal an 1 Iron ore, wnich is
being riipldly developed to Bujtply the demands Houth and Ea^t, aud
owing to the superior <|uallty of the co:il will always furnish a large,
Increasing and protitable tralllc. Tlie mortgage to secure the $2,000,0)00
of tlrst mortgage six iKT cent bouds covers sixty-seven miles of main
lin, all side tracks and coal branches to the mines now in operation.
All the equipiuiuf owned by the coiup my, which is ample for the shipment of a half million tons of coal per annum; vamable real estate
Kno-tvillc, u.sed Jointly by this company and the Ea-tt Tennessee Virginia & Oeoigi:i Kailroad Company, and valuable real estate along iU
line necessary for its operation.
The Knoxville & Ohio Kiiilroad is owned and operated by the East
Teuuessie Virgluia & Georgia Railway Comiiauy, aud Is praetically a
part of its system contributiug a larg,^ aud iucrea.sin.: tonii ige, which
IS transptu ted by the latter to nearly all the important iioints in tbe
Southern States.
It is oiier.«ted by the officers of the East Tenne^sse Virgt da & Georgia
Hallway Company; the gro.^s earnings reported and the prop irtiou of
the Interest due on these honls set ap*rt for that pirpose.
GroBS earnings Tor fiscal year ending Jane
Q/\ ifiSA
-. .-.S341 987 08
Operating expenses, taxes, bettermenita, etc.. 218,996 87

SONS,
Tobk.

property are included in the rciiorts of the gross ea'niuiis of t!ie
East Tenues.sce Virginia & tkoivia Railway, an I the atlalis of the Ckimmanaged as a part of the system of wlii^jh I am Presideu".
of the

p.m.v

The bond about wbicli you Inquire Is a clear first mortgage bond upon all tbe Knoxville & Ohio property, free
from any complications, and legally executed, and la In
my opinion a perfectly sale investiucut for parties who
want a security which will give them no tronbleand on
whtcb they will always receive their Interest without
delay.

Very truly yours,
(Signed)
Pres.

E

SAM'L THOMAS.
Tenn.

Vii. <t (la.

igr The East Tennessee Virginia & Georgia Railway

Kui woy Oo.

Coi'iimuy hiive
Just refused i>ar from two syndicates for $700,000 of the $1,100,000
Capital Stock of the IJnoxville & Ohio Road, and would not name a
1 lice at which they would sell.

NOTKKBBB

37,

THE CHRONICLE.

1W6.

®a«ettje.

fork

DITIDBNDS.
rka toUowtmc dlTtdandii tuTe reoently b«en annoanoed:

When
<7(n<.

PayabU.

A

1^
«

Coiuolld«(«>l Uttii
Del. A HudaoD Canal (qaar.).
tatilgh Ooal
NaT. Co

Dee.
Jaa.

Ik

Chic. (qnM.).

WUmlnxlon di W< Idon.
niacellaneo na.

Dec.
Deo.

Deo.

the

J discount, selling
count, selling par; New Orleans, commercial, 150c. discount,
bank, 75c. discount ; 3t. Louis, 50c. @75c. discount Chicago,
40c. discount.
The rates of leading bankers are as follows :

4 to

—

Kowmber

Bixly Days.

Demand,

4 8119

26.

4 85

Prlmebankers'aterllng bUIson London..

*
2
WALL, i«TKBKT. PKIDAT. NaTeaber
The Monej Market and Financial

bittineM of

rates of domestic
cities to-day :

under-mentioned

at the

;

Books Olo$ed,
(Dayi inelutitt.)

Ballroa4s.
Ctn. Ind. Bt. I~

exchange on New
Savannah, buying
J discount; Charleston, buying I dis-

The following were the

She ^mxhtvs'
#«n« O^ OMMPOMV.

627

Nor. 28 to Dee. IS

!M. 18»MI-3 P.

Bl.

Situation.— The

week has been broken by the occurrence

of

Prime oommerolal
Dooamentaryoommerolal...

4 8OI494 8C1«

ParU(franos)
i^msterdam (fruUders)
TnaktoTt or Bremen (relohmarks)

8 25=895 25

—

7U\a4 80

4

39%«39!3ia
94>a«94°B

5 231895 22>a

39i»u»40

9f8995

The following are quotations in gold for vanous coioB

Coins.
$4 83 • $4 85 Silver iiis and iss. —
—
Five frano8
Napoleons
3 85 9 3 90
X X Belohmarka. 4 74 « 4 76 Mexican dollars.. —
ZQaUderB
3 96 9 4 00
Do unoommero'l.—
Peruvian sols
^pan'tiDoabloonB.lS 55 915 65
EuKllsti silver.... 4
Met. Duubloong..l5 55 «15 65
par '9 ^ pren) n. 8. trade dollars
Fine goln bars..
101 3102
Fine sliver bars
a. S.stlverdoUars—
Dimes & >• dimes. — 99H9 par.

Sovereigns

par.

99''ei>

F3

«—

94>t

Thanktgiving on Thursday.
79^9 — 80>a
78>9» — 79ls
There was a little flurry in money on Monday and Tuesday,
— 74 » — 76
79 9 4 84
and an attempt was made to bid up rates (a quotation as high
79 «
80
as 30 per cent hanng been recorded), but not much was
99^9 100
thought of this, while the bank statement on Saturday, 20th
United states Bonds. Government bonds have been moderThe arrivals of gold since
inst., was unexpectedly favorable.
ately active and the tone of prices much firmer than last week,
our last report have been about $1,000,000.
the 4s and 4(9, to which the business has been confined, having
Severe storms at the West have btgun at an unusually early advanced moderately.
The closing prices at the N. Y. Board have been as follows :
date this fall, and it is quite remarkable for rai'iroads to be
impeded with snow drifts in November. But it does not fol-

—

Nov.
20.

Inlerett

low that the balance of the season will be equally unfavorable,
and prior to Jan. 1 we seldom look for any serious interference
with buaioess from bad weather.
The prospect for large grain freights on the trunk line roads
daring the winter seems to be almost assured, if the managers
It would seem to be inadvisable to make any
act wisely.
advance beyond 85 cents per 100 lbs. on grain from Chicago
to New York so long as wheat remains below 80 cents in
Chicago. But with rational management by the holders of
grain and by the railroads, there seems to be every reason to
think that Europe can be induced to take at least 70,000,000
bushels of wheat, at fair prices, between this time and the first
of May, 1887.
The great buoyancy in non-dividend paying stocks continues
and while it may not be desirable to make the bald and unpleasant statement that the price of any particular stock is too
high,

we may

repeat our conservative diagnosis of last week,

many

that the current prices of

stocks are baaed largely upon a

great confidence in the future.

The open market rate* for call loaiu during the week on
took and bond collaterals have ranged from 4^ to 9 per cent,
with 19 and 20 per rent exceptional rates, the usual rate to
atockbrokrn Wing 506 per cent ; to-day the rates were 5@7
Prime commercial paper is quoted at 5@6^ per cent.
per o nt.
The Bank of England weekly statement on Thursday showed
a loaa in specie of £10,000, and the i)ercentage of reserve to
liabilities was 44 11-16, against 43 7 10 last week; the discount
The Bank of France
rate remains unchanged at 4 per cent.
kMt 8,960,000 francs in gold and 229,000 francs in silver.
The New York Clearing House banks, in their statement of
November 20, showed an increase in surplus reserve of
^0S8,0SO,the total surplus being $0,B80,000,against $7,801,350
the pterioos week.
Tne following table shows the changes from the previous
week and a comparison with the two preceding years in the
Teiagea of the New York Clearing House banks
i8>ie.
.Va*. 20.

Eacal leader

18R5.
Ifov. 21.

1884.
Xov. 22.

• 113,300 •S39.493.2<10 $288,539,700
84.3TO.S00
[ao. 2,704.S00|
93.«.i6.300
29.0i>0,700
:i,711.60O
Deo.
9^,700
lao 3,l^7,i00| 38 1. 106.900 32».S87,40O
37,347,400
Ino.
116,000
10.077,300
I7.g32.000
•88.711.700 [bo. •79l,iiS0 •95.270,750 •8I,47I.8»0
•8,611.700 luo. 2,820,M0 122.666,000 121,717,900

I/oaoaaatf dls. f?41.833.500
Ii0.709.700
9.030. too
8;4.i'(a.8oo
Mdapoiita

•pwda
OUBuUttOD

Difftr'neufr'n
Der.

•9.930,000 loc. >2.03a.650| »27389,250| »40,2i6.0!>0

SxAkaage.— Sterling exchange haa been quiet dull, though
ioring the early part of the week rates were well maintaioed
and firm. On Wednesday, however, a reduction of ic. was
made by some bankers, owing to the lack of demand, posted
Gold continues to arrates being now 4 81| and 4 89.
rive to a limited extent, the total for the week being about
|1.COO,000.
To-day the rates on actual business were as follows, viz..
Ba kers' 60 days' sterUng, 4 80}O481 ; demand, 4 84i®4 84^.
Commercial bills were 4 79i@4 70^;
Cables, 4 64I04 85.
Cot ttnantal bills were: Francs, 5 24|<S5 25and 5 21i®5 22^:
wkkmarka, IMi^Mf and 05®95t;
40ia40i.

guilders,

3&i®40 and

Periodt.

Ifov.

22.

...re»t.Q.-Mar. np9»» logo's
•111
.coup.,*, .-Mar.
12T»8lM2758
..reg. t .-Jan.
.'.
ooup. C .-Jan. 127 1*1 12758
3b, option U.S. . ret? t. -Fen. '100%:-10t38
68, ciu-'cy, '95. ...reK.J. A J. •126% •12618
66, curVy, '96. ..reg.J. A J.*128% 'i2e\
6«, eur'cy, '97. ...regJj.
J
6a,oiir'cy, '98. ..reg.J. & J. '133 '8 •i3a\
•136
6«. onr'cT. •99. . .r«ir. J. * J. "ISti

4>«»,1907
4'as, 1907
4b, 1891
48, 1891

HI

Mam '13m

A

Nov.
23.

•HO

•YOF.

Nov.
26.

.Vol!.

21

25.

110^

110>8

iim
1S8»«

•Ul>e lll>8
1281* •l28>e
128 'viS't
•100 ^8 '100
•125'8 •12688
•127't •129
•131 •'.31 >«
«133^ •133'b
•ISO's *lS6i4

•128*4
•100 la
*126»g
•129J4
•131««
•134 Jfl

5?

;

•1?6»«

;

mornlnc tMard no $aU was made.

' Tills la tbe price bll at tlie

:

—

State and Railroad Bonds. The business in State bonds
ha? been quite active, and has covered a large number of issues,
though prices have not changed much either one way or the
other.

bonds the transactions continue on a pretty
and the business is well distributed, with consid-

In railroad
liberal scale,

The general tone of prices
has been firm, though the market has sympathized somewhat
with the changes in the stock market, and there has been no
marked advance except in a few cases. The old leaders Erie
2ds and West Shore 48 have again been jprominent, and
advanced to the best figures of the year on an active business.
Other active and strong bonds have been the Texas & Pacifies,
the South Carolina bonds. Nickel Plate Ists and Milwaukee
Lake Shore incomes.
erable activity in a few specialties.

.

—

—

&

—

Railroad and Miscellaneona Stocks. The stock market
has been quite active the past week, but as usual of late the
business has been confined in great measure to a comparatively
few so-called "specialties," the usual leading stocks btingmore
The number of tuch "specialties" has been
or less neglected.
somewhat enlarged, however, during the past week, and haa
included several ordinarily obscure stocks. The fluctuations
have been largely conflaed to these stocks, others not changing to a great extent, and being many of them weak in
Taken as a whole, the market has been unsettled and
tone.
irregular.

The Southern

stocks are

lation, especially

still

very conspicuous in the specu-

Richmond Terminal, the

business in

which

has been very large indeed and the fluctuations wide. The
sharp advance noted last Friday continued Saturday and made
further progress on later days, the highest point being touched
on-¥u*lay 77J. The result of the negotiations with Richmond & Danville is that a controlling interest in the stock of
Several
the latter company has been secured by the Terminal.
other Southern stocks have also been very promioent and have

—

fluctuated widely.
There is no particular development in regard to these stocks, though the old report of a general consolidation under one management has been resurrected.

Jersey Central fell sharply early in the week on the rumor
that the new friendly relations between Baltimore & Ohio and
Pennsylvania would involve the breaking of the contract recently made between B. & O. and Central, and has been more
It has also been stated that B.
O.
or less irregular since.
would abandon its Staten Island terminals; but this has been
denied by President Garrett. Reading has been very active
and has advanced throughout the week, notwithstanding the
announcement that there would be a default in the payment of
Lackawanna has been
interest on the consolidated bonds.
pretty weak most of the time, on the continuance of mild
weather.
The Vanderbilts have been somewhat neglected, with the
exception of Lake Shore, which has been strong and haa advanced to the best figures of ttie year. The grangers have been
quite weak at times, though not at all active.

&

THE CHRONICLE

628
PRICES OP STOCKS AT

N. T.

STOCK EXCHANGE FOB WEEK ENDING NOV.

AND SINCE

36,

HIGHEST AND LOWE3T PRICES'
BTOOKB.
tetoTday,

Nov. 20.

Active

KR.

Monday,
Nov. 22.

70ie

67

Stocks.

Canadian Parltto

..•

Canada Bouthem
Central of Npw Jersey...
Central Pacitlc

Cheeapeake dtOhlo

Do
Do

iBtpref...

2dpret

69 >2

65

Sl^i

60»9

10»8

*10>4

10»B

47
10

47
10

20

20

li

12^8

12^8

Shares.

68^8
66ie

68% 69%
66

67

53

51

52%
47

68»8

10

10

10

19% 19%l
12% 12%i

19^8

lO"*
•12

Nov. 26.

51

6578
53Vl

20

Week,

65%

68% 69

66>4l

4913

ID'S
19'8
•12

Friday,

47

69

65%

404 SSKg
47% 47\

70
06

13

19
'12

144 144
Chicago A Alton
140>9 141 tl38i3 14014 138 138
Chicago KiirllnKt4)n A Qulncy 140 19 141
94T8 9586
9412 95ie
CbloaKoMilwaukeeASt. Paul.
93»e 941a 93 14 9379
120'4 120% 12018 I2014 12014!
pref. laois 121ie' 120
Do
11938 120%, 119% 119^,1 119
Chicago A Northwestern
H9%t
120>a
14118 141 13 •14114 141% 141% 141%
142
pref.
Do
Chicago Rock Island A Pacific. 127>2 I27I3' 12714 128'4I 127 1275e' 127% 127%
18%!
14'8 17>4
17% la's 18
19%! 18
Chicago 8t. Loois A Pittsburg
41%l
43%! 4112 43% 41
40
35 "s 40
pref.
Do
5414!
53
53
53%! 5278 53%l
CMcago St. Pan! Minn. & Oiu. 54>« 55
pref. II514 115% II413II514 114% 114%! 114% 114%!
Do
73 13 74121 73
73%' 73
73%!
ClevdandCol.Cin.AInfllanup.
7»H) 751s
43% 45
Colunibu8 Hocking Val. &T0I.
44H 45>9 140»8l41i4! 42% 4H% 4214 43%!
139% 141% 139% 140%
Delaware l.ackuwunn a lV West 141 142
33
33% 33^8 32% 3314 33
Denver<b KioU., assessm't pd 33 Sg 34

4,005
24,754

pref

& Ga. R'y.
let pref.
2d pref.

EyansvlUe A Terre Haute
Green Bay Winona & St. Paul.
Houston A Texas Central
Illinois

Central

ladlana liluoiulngt'n

A West'n

Lake Erie & West., ass't paid.
lake Shore A Mich. Southern.
Long Island

13%
75%
32%
86%
11%
38
135

1378

14

10%

2,220

8«%[
11%!

11% 11%

39%

3914

9,711 67 Sept.
31,0631 28
Sept.
920I 67% Jan.
1,200
8 Jan.

77

33%
88

11%

16% 16%
1.5% 15%
96% 97%

16

I

97%

800 25 Miir.
369 132% Nov.

132% 132%
17
17%
15% 16
98
99%

133

17%

9714 97%1
98
97
98
98
62 14 63
6214 63%i 61% 62%
627g
62
Louisville & Nashville
h9
69
69
69%
Lonis. New All). A Chicago...
165 165%
oonsol.. I60
166% I6514I66I4 165 166
Manhattan Elevated,
65
69 %i 59
64
60
64
69% 62
Memphis A Charleston
96% 96781 95% 957e 95% 96%
96% 97
Michigan Central
6II4 0314 '61
•63
64
65
65
Mil. Lake Shore A West........ *61
94I4 95
9479 98
94^8
95% 96%
94
pref.
Do
23% 23%l 22% 2378 22% 22% 22% 22%
Minneapolis A St. Ixinls
50'8 52%, 49% 52
49% 50% 49% .50
Do
pref.
36»8 37%| 36% 37
Missouri Kansas A Texas
36% 36% 36
36%
115% 116% 115% 116% 115% 11578
116 116%!
Missouri Pacitic
19%' 19% 21% 2078 21%
19
Mobile & Ohio
19% 20
87I4 89%l 87
89
87
88
87
tfashT.CUattanooga&St.I^ouie
88%
New York Central <fe Hudson. 113%ll4i4j 113% 114 113% 113% 113% 113%
I514 IoSb! 14% 15%
I514 15%!
14% 15
Hew York Chic. A St. Louis.
28% 29
27% 28
Do
pref.
28% 2958! 28% 29
Vew York Lake Erie & West'n. 36''8 3778i 3768 38%l 37% 3778 37% 37%
79=8
78% 79%! 78% 79
pref.
78
78% 78%
Do
6558
62=8 6358; 63
65
66% 64% 66%!
Wew York & New England
Hew York Ontario A Western
20% 20% 20% 22% 2078 21% 21
21%|
0%l
9% 10% 10
11
10% 1079!
Vew York Buhq. A Western. .. i9
24% 25%' 24% 265«i 26% 28
26% 27%
Do
pref.
23%i 22=8 23%! 22% 23% 22% 23%
HorfolkA Western
22
54%! 53
52
52%i 52% 54 %l 53
54
Do
pref
28^8 29
28% 2-731 28% 28% 28% 28%
Horthem Pacific
63% 64% 63% 63%! 63% 63% 63% 63%
Do
pref
Ohlo& Mississippi
34
33% 34%' 33% 35% 31% 35
34%
Ohio Soutliern
20% 20%l 2078 21
20% 21
36% 36% 3578 36% 35% 36%
Oregon & I'rans-C 'ontlnental
3(i% 37
34%i 34
3458
Peoria Oecatur & livansville.
34
33% 34
33% 33%
Philadelphia A Heading
40% 41 %l 40% 41% 40% 42% 41% 42%
14
13%' 13
Kichuioiid * AUeg., receipts..
13
13
13% 13% 13
Richuiond * Danville
200 200
73% 77% 74
Kiohuj'd A West P'ut Terminal
67
76
77% 72% 75%
•92
Rome Watei-town <feOgden8b'g 8'% 89% 91% 91% 93
...
93
Bt.Liouis &8an Francisco..
35% 3578 35% 36
34% 35% 34% 34%
71% 72% 71% 71% 71% 71%
Do
71% 72
pref
llri
117%
Do
1st pref. II714IITI4 117% 117%|
62% 63''8 6378 64
"6i% '6378 63% 64%|
Bt.Paul& Duluth
'110%111% 111% 111%I
Do
pref
I
117% 11779' 117%11 % 117% 118%
117 118
Bt. Paul Minneap. A Manitoba
Bonthern Pacitlc Co
37
37% 36% 37%' 3 % 37% 30% 36%
Texas A Paoltle, trust cert...
22% 23% 22% 24% 23% 2i% 2378 24%
61
61% 6J% 61% 61%
DnionPaoittr
61% 60% 62
20
Wab. Mt.L. At., P.Com.rcpts. 20% 2.% 20% 2il%! 20% 20 s 20
37 14 37%| 37
3758 3778
Do
37% 37% 37%
pref
miscellaneous Stocks.
ColoraiUiCoaldt iron
36
36
36% 35% 36%' 35% 36
37%
83%! 81% 83% 80% 84%
81
ConBolldated Uas Co
8414 85%
Delaware A Hudson Canal.. 106% 107% 106 14 106%' 10.78 100% 105% 106%
Oregon Improvement Co
41
43
43% 43%' 40% 4i
42
44
Oregon Railway ANav.Co.. 107 107
106% 107
106 10li% 105% 101%
PacifleMail
5i% 54 14 53% 54%i 53% 54% .04-. 54%
Philadelphia Co., Ndt. Gas ..
127 1J7% 121 127%' 123 124
122% 125
144 144
Pullmaii Palace CarCo
143% 144
143 145
143 145
Western Union Telegraph...
7878 79%
78% 79%! 78% 79% 77% 78%
Kzpress Stocks.

97

1,410'
5,345!
93,9751

97

3.475
35,360

62% 62%

!

.

I

«1

a

o
ta

35

.

I

18.'^

74

36

26,665

185
75

Wells, t'argo

& Co

141
108
62
127

131

141
108

62%

3,200i

l.XOO

A Santa Fe

Atlantic <jb Pacmc
Bulla 10 Ko. h. A Pittsburg....
Central Iowa
Charlotte Col. & Aug
Clnciunaii Wasn. A Haltim're.
pref.

I'o

Colnmtila

& Greenville, pref.

Joliet titcci

Co

MorrlH A Kmscx
Pittsburg P„rt Wayne A Chic.
yuioksUver .Mining Co

Do

8t.

pref.

.

Louis Alton ATerreHante.

Scioto Valley.
Bouib ('aroUua
Toledo cSc Ohio Central

Do

Virginia Midland
Oamertiii i:o»l

Maryland Coal Co

Hew

t;entr»UX)al
Tennesnee Coal & Iron

M

iah..*

98% 99%

131

37
2378

61%
20%
37%

37% 39%
81% 82
106

25.141
29,291
7.164

100%'

4.1% 47%
105% 106%
54
54%
122% 124%

5,.^30 1
.

78% 78%

141

138

10.-)

107% 108

140% 140%!
107% 107%

64
130

131

63
128% 128%!

141

61% 63

128

1

30>4

15%

1514

6%

im
129

•6%
•4

36%
10

pref.

%

13%
3014

6_'%

6%
11%
129
7
24
41
10

47

11

52
130
141

44

6%

11%

11'4

11%

55

67

57

6%

6%

142

40% 41
12
12
14% 1H%

•17
•17% 19
18%
19
19% 18% 19

96

6%

:h8%

38

12

13
21

li
19

16

97%

24
17
18

9979

99

These are the prices bid and asked; uo sale wa« made at

5978

tli«

Hoard.

6%

60

141% 141%

144
7

•36

3-'

60%
24% 2i%
18
18%
1H% 18%
60

25%
17

18%

99

100
1

7

39%
12% 12%
18% 22

39

38
12
24

60% 61

17% 17%
17% 19
97

57

142

37

16%
4»

11% 11%

130% 130% 130% 130%

141

14|% 143% 144% 144%! 144
7
24% 24%

•38
•38% 39
39
38
62 14 61% 62% 6 79 (ill,
5.>
50
51% 48
47% 61
26
20%
2H7g 2714
27% 24

00

l.i%

48

1678

52
130

'37
61

95

14

•30% 30%

47% 48
6% 6%
11% 1178

47

I

98% 98%
12% 13%

97% 98
13
13%
30% 30%

44
6

Lv>wer price

17
22
26
15
200 Nov. 15
77% N..V. 23
93 N .V. 23
36% Nov. 16

is

Sept.

72%

May

100

ex-dividend.

Nov. 15

118% Nov. 13
67
114

Apr. 12

June 18
124% Oct 14

11%

A|ir.

25

Niv. 26
Oct.
5

63%

pt20
38% Sept. 20

39%

Nov. 28
Feb. 8
Feb. 13
47% Nov. 28
May 4 10979 Sept 14
Jau. 2
Feb. 23 67
Oct. 14 130% Mhv. 17
.May 3 147% Oct 14
June 9 79% Oct 30
4

1

87%

108%

-.

79

60%

Jan. 18
June 8

11

15 138 Aug. 21 1.50
319 101% Jan. 28 111
111 51 May 15 66
244419 Mar. 26 130

Feb. 12

Aug. 10
Feb. 26
June 22

13

Mar.

99% Nov.
13% Nov.
30% N.iV.
22% Jan.

500 30

Jan.

48

39,5.50

847g Aug.
7
Mav

875

22% Sept

3,0.50'

24

2178.-S,

747oJune 3

45 i 128

71,991

•60

97% 98%
12% 13
30% 30%
14
14%

i2%Nov. 4

37% Nov.
34% Nov.
43% Nov.
15% Nov.

17
May
37% May

21

27
Nov. 16

35% Nov. 22

.lau.

10,8051 16
4.9201 93
8,645l 49

-138

130

65

1.775 106% Jan.
37% 2,645 30% Mar.
25 150,885 17% Oct.
61% 32,185 44% Mar.
2078
2,120 12
May
38% 5,315 23% May

1*107

98% 98%
1278 13%
30% 30%
14% 15%

54%Niv. 22

Mar.

27%

N.iv. 23
Nov. 23

29% July

260 97 May
4,424 37 Jan.
555 99% Jan.

62% 63%
111% 111%

Inactive Stocks.
Atchison Xope.ka

11

28

23% Nov. 22

Mar.

289 25

1

64

25

210 75
137.525

34% 34%
70% 71

I

141
108

38% .\.'V. 22
81% Sept 24
68% Oct 5
22% .^ov. 26

33% 34
6.090 16 Mar.
4178 43% 652.977 18% Feb.
13
13% 3,335 2 May

i

108
•60
128

3

;

I

138

22%Oit, 19
H9%Nov. 26
June 21

15!

Jan. 20,100

80

37% 375^149.716 22% May
77% 77% 5,22.1 50% Jan.
63
65 107,656 30% Mar.
21% 22%! 23,305 15 May
10% 1"''8 23,0*5 6 Feb.
26% 27%| 20,905 17% Jan.
22% 22 7e 20.450 8 Mar.
53% 54
59.884 25 Jan.
28% 28% 2,329 22 May
63% 6379 12,11.7 .53% Mar.
34% 34% 33,665 19% May
20
20%
825 13% Mar.

I

Adams

14% Nov.
76% May

1

164% 165

i

Dnited states

Julv

12

64

33% May 3 63% Nov. 22
600' 32
Mar. 25! 70% N. v. 19
4.462 120 Jan. 21175 Oct. 16
.59% 60
43,532 29 May
69% Nov. 22
96% 97% 9,915 61 % May
97% Nov. 26
•62
65
250 22 Jan.
71% June 3
95% 9579 4,475 50% Jan.
96% Nov. 24
'22% 23%
237gNov. 19
3,845 16% Mar.
49% 50
8,206 40% Mar.
52% Nov. 20
36% 37
3-',645 21
377g Oct.
6
May
115% 115% 6,925 100% Mar.
113 Oct. 14
21% 2178 11.395 11 May
Ul7e Nov. 26
87% 8778 17.640 43% Apr
89% Nov. 18
114 114%
9,429 98% May
114% Sept. 20
14% 15%! 5810 4% Mar.
17% Oct 18
28% 2878' 6,260 11 May
31 Oct 18
"

I

American

May

128% May

79,400 82% May
2,308 116 May
17,947 104% May
6«0 135 Jan.

3914

133% 133%. 133
17% I714 17% 17%i 17%
15%
15% 11)14 15% 16
97
97% 9678 97% 96%
135

Apr.

8% May

76%
33%
87%
11%

Oct. 18

Nov. 20
Sept. 24
50% Sept 29
13% Jan. 8
21% Jan. 6
15% Feb. 13
146 Aug. 11
151141 Nov. 20
Sept. 20
4 99
31125% Sept. 20
41120% Nov. 19
181144
Aug. 9
Fob. 17
14 131
19% Nov. 22
43% Nov. 22
65 Nov. 19
116% Nov. 19
75% Nov. 19
45% Nov. 20
191143% Oct. 18
Sept. 30
41 35
60 Nov. 26
15 No^'. 22
78 Nov. 22
34% Nov. 22
91% Sept. 15
13% .Aug. 20
39% Nov. 20
26 143% Feb. 9
5
17i 2878 Jan.

119% 120
119 119%
141 141%
127% 127%! 1.8681 120% May
17% 18%] 16,697 9% Mar.
41
40
24.899 26% Mar.
52% 53%! 20.860' 35% Mar.
114% 114% 1,450! 97 Mar
73% 74% 5.905 43% Mar.
41% 43% 6ri,830l 2678 May
139% 140% 66,300! 115 Jan.
33% 33% 7,525 21% May
59% 60
3,489 59% Nov.
14% 14% 20,391 11 Oct.

77 14 78

32% 34%

32=8'

73
67

Feb.

13

246!
l,777j

14% 15
14% 1478
7t>% 77%
33% 34% 33 14 34
87% 87% *87% 88

15

76 14 78

7«%

Highest

34% May

93% 94

1

Do
Do

61

1886.

since Jan. 1, 1886.

60 42% Jan.
735 38 Mar.
450
7 May

19
13

1,

Lowest.

58' 138

m^

Do

JAN.

159,<

I

East Tennessee Va.

Range

Sales
of the

Wednesday, Thursday,
Nov. 24.
Nov. 25.

Tuesday,
Nov. 23.

ZUn.

[Vol.

19
20
11

5
24
23
6%
9.752
2% June
12
19
18,8021
5 July
26
950 42 Feb. 25 60
23
405 105 Nov. 12 130%
145 132% Jan. 9 144 June 18
2150 -Mar. 6
48 141 J;in
4% June 21 8 Jan. 6
200;
300 20 May 17 29 July 16
3.610' 27
June 2 46 Kmi.. 3
1,.500
6% Nov. 10' 13 Nov. 23
10,817 losi June 24 24 Nov. 24
37 Nov. 17
26 Oct.
62% Ni.v. 22
2,698 46 % Oct.
51% Nov. 22
3.7' 10 15
Mar.
27% Nov. 17
12,753
9 Jxn.
20 Nov. 10
979 Apr.
700
20% Nov. 19
9 May
4,265
M ir. 100 Nov. 24
5.938 3«
9,836

Nov.
Nov.
Nov.
Nov.
Nov.

XOTXHBKB

THE CHRONICLE

37. 1886.

FBICES OF ACTITE BONDS AT

N. ¥.

STOCK EXCHANGE ON FRIDAY, AND RANGE SINCE JANUARY
Rixngt Since Jan.

Oloting.

Name of

AU-APae. W.D.— lit,

1886.
1,'86.

Bond.
Nov. 19 Hov 2o

Higher,

Lmeesl.

Jror.26.

1,

Range tinee Jan.

OloHni.

1, '8t>.

Kam* of Bamt.
yor.H.

629

Loieent.

Bighest.

'22 B lie's Jan. 127% Aug.
8i4>4
|82 Mar. 90 Jan. Mo. Pac.— (Cnnfd)- 3d. 78.1908.
20I4 Mar.
104 14 104%
21%
SlHOct.
103% Aug. 107 Jau.
Pao. of Mo.— l8t, 6s. 1838
lOS'ab.llO? June Ill
BnrL C. E«p. dc N. lat. !a. 1906 lO^^eb-i
Mar.
109 Oct. 113 May
2dniort., 78, ISkI
iimib.
98 Aug 110 Mar
Oooanl. .ki-ul. tr ,S«, I9J4.... I03%b. 10'%
Oct.
Mil. A Nor.-l8t, M. L.. 68, 1910 10619b. 106%h 102
106% May
Can. 80a' h.— Ill Kuar., 9a, 1908 107% ,10H%li.!103>4 Jan. 103% June
103 %b. 100 Jan. 104 May
lat. onexten., 68. 1913
94 Ub. 84 Jan.
2&.t». 1913
94 >4
95 Auk. Mil. Lk.Sh. A W.— l8t, 68. 1921., 115 a. I15%b 112% Jan. 121% June
Nov. 111 Apr.
Cfcn. Iowa— lat. 78. "»», COTP. oO too a. 100 u. 97
Mioblgsn Div.— l8t. 68, 1924.. 115 a. ll5%a. 106% Jan. 120% May
Oaalnlvf N. J.— lar, 7a. 1890.. lO?"*!).!!©-) b 107 Oct. 114»« Apr. Minn. A Ht. L Ist, Ts, 1927 .... 133 b. 135 b, 28 Aug. 136 Apr.
lioe Jan. 118 June
104<« ,108
93 b. 94 b 90 Aug. 100 Feb.
Coaaol. 7a. 1899. a<(a«iit
Imp. A Equip.—tie, 1922
lOTiflJan. 1-0 July
108 b.llOS
101 b. 10-.< b. 101 July 102 July
OoQTert; 7«, 19'i2, aaaeot.
2d. 78.1891
Mar. !Mo. K.ATei.—Con., 6s, 1920... 104^9
10t%
A<Oiut 7-1. 19' 3..'
|105 b.ilO> b.|l03>4 Jul.r 112
87% May 10518 Not.
92 1« Oit.
CiinvarT. dMb. 84. 1908
63 Jan.
92=8
9218
8378*. 80
Const.l., .58. 19J0
72% May 93% Oct.
Jaa lll4>9Juy
109%h. 110% 108 Got. 118 Jan.
Le'hAW.B..o<>ri.7a, I9*>9.aa*Dt!lll
;110>ib. 103
Consul., 78, 1904-5-6
»9 h. 89 Jau. 103 Aug.
1 15
114 b 111% Jan. 116 Feb.
Mobile & Olilo— N.w, 6s, 1927
Am. Dork dc Imp. S«. 1921. .. 90
105 b. 10tt%b 101 Jan. 106 June
let. Extrn»ion. 68, 1927
Oratral Pa^illf—gold 6a l>4W5-8 1159gb.ill5%b.|112>a Jan. !11S% Juue
74
71 %b 53 May
I Juxiain Br tia. luOO
112 b.|lll b. 107% Jan I112 Jan.
1st pref. delK-ntures. 78
74% Nov.
|102\b. 10i>B Oot. 110;% Mar
44%
42 b. 3! Mav
2d prer. ilebeutures, 78
Landvnuitia. 1890
44% Nov.
1 14
Oot. 1 17 Feb.
35
32
Chaa. *0.—Pur m. fande!!, '98
3d pn>f. debentures. 78
30 NOT.
35 Jan
4th pref debentures. 78
28 b. 28
110^ b. 103 >4 Jan. Ill Feb.
25 Nov
31
ea.Sal<L«erleaA. 1908
Jan.
116
60 May
88 Jan.
Morgan's L. A T.— let, 68, 1920
78
104% Jan 116 Aug.
aa.S"ld.aer. B.190e,eoup. oSi 76%
2S May
125 a. 125
33
1st. 78. 1918
41>sFeb.
aB,eaiTei.cr. 1918
118 Aur. 127 June
33%
94>< May !0.j Fell.
S-i
Mutual Un. Tele.—S. f., 68, 1911 85%
Mult. 6?. 1911
75 June 90% Mar.
98»sa. 99
\\-0i b.
88 >s Jan. 102 Not. Nash. Ch. A 8t. L,.— Ist. 78, 1913| l:'0%b. 130
123 Jau. 130% Nov.
Chw. O. 4 8<>. W.— .».«a. 1911 ...I
121 14 June iN.Y. Central— Extend , .58, 1893 lOti^aa. 106
Chleaco A Alloa -1st, 70, 1893.,
ill'< b. 117 July
104 Nov. ,4108% Apr.
Chic. Burl. &U.— Dfb. Sn, 1913.|107%». i06>ab. 105 Au.r. liO"* Apr.
N.Y.C.4H -Ist, cp.. 7«, 1S<03 137^a.,137 b. 134 Jan. 140% June
97>«8rpt. 101 14 July ll
jl09
Debenture, 5s, 1901
109
OanterDlTl-.. 4«,1922
99'«
07% Sept 112% July
92'* Nov. 101 S; July
H.y.&Har.— lst,cou.,7s. 19O0ll32 b. 131 b. 3^ Oot. 139 Jan.
FUlB4«,1921
91 b
97''8
84 May
ObtcAE. lU— lat,a.r. 6a,1907 117 b. 116 b. il5 Jan. 122 Mar. iN.Y.Chlo.ASt.I Ist, 6s, 1921. 97
99% July
70
Mar.
NY. City A No.—Ocn.. 68. 1910.' 71
54 Jan.
OoBMil. 6«, ia:u
73% Oct.
|114 b. 114%b. 110 Jan. IIK
I24%b. 123 Not. 130 June
99
92 Sept. 99 Nov. liN.Y. Klevated- l8t. 78, ia06.... 126
CUe. * Ind. < oal R., lar. 9a. '36i 98>«
\Vi* b 122 >i Auk. 127% Apr. In. Y. Lack. A W.— l»t, 68, lU21.;i30%a. 130%a. 125 Jan. 13.^ Juns
Ch.lin*8C.P-liil,I.*M.Ta,-t*7
138
128% Jan. 136 June
Sonstrnelion. 5». 1923
108% lOa'^g 106% Jan. 113 June
OoomM. 7». 190^...
ll»>tb. 14i«Jan. 121
June N. Y. AN. E.-l8t, 78. 1905
125 Jan. 130 Mar.
llt.Sa. Mln. UiT—ea,1910... IIH><
108 >«
106% 103 Mar. 109 June
1U3 Jan. 111 June N. Y. Onr. * W.— Ut. e.t. 1914. .'107
lat. Chi. A Pa<-.W.DIr— 5a. 21>108i«
Ist.Cs. 'U.op.ofl 85%b. 88
76% Jan. 88% Not.
Wla.AMIn.DlT.-Sa. 1021 .. 107>4b !07'«b. 102 Jun. iO»% June N.y.Sus.
Debenture. 6s. 1897. coop. otJ 62
t>4 b,
105 h 105 li. lOmJan. 1084 Jime
65 Aug,
Tmnlnat.^a. 1914
52 Jan.
I3^i«
Midland of N. J.— lat, 68. 1910 108 b. 107
lJO%Xov. 143 13 June
100 Jan. 10 1% Aug.
Oklo.
N. W—Cuuaol. 7a, 1915,139^
N. O. Paclflc— let. hh, 19J0
82%
83%
51 Jan.
Ciinoo.n>ld.7«.1903
134 b.;tJ4»gb. 130 Jau. 140 May
»3%Nov,
Norfolk A W.— lieu'l, t!8, 1931..|lll%b. lll%b, 104 Jau. 1 15% Aug.
115 Oot. I'^l Mar.
StaUaK <^d I a. 1929
New Klver-lst. 68. 19JJ
>108 bil08>* I1O8
Apr. 112 Jan.
(113%
914% Jan. 115 July
Slaklus fnnd Sa. 1M29
'
Imp. A extension. Us, l!i34
Staking liml debmt Sa. 1933il08 a 107%b. 10.^ Jun 110>sJiUy
87% May 101 July
North. Pacltle— 1st. coup.. 68, '21' 116%
117
11 % Jan
W-jrear debent. ftD. 1909 .... jl06>ab 108 b.iomjaii. lOO Apr
120 June
Oen'l, -.^d, coup , ltf33
1:<A b.a28V(Jan. 140
Oi;t.
102% li2%
91% Jan. 103% Sept.
Chl.B.LAFae.-««,oiap. 1917.
108 b. 10^% July 109 June
May
JamesR.Val. Ist, 68, 1936..
Sztra-ditol. S^ 1934
Ill b. limb.lIO^ J<tn. 113
Ck.BLP.M.* 0.-Cona»L 6a. '30ll23%b lv!4'«a. 118>sJan. 126% Sept. j|N. Pao.Ter.Cu— Ist. 68. 1»33 .. lOS's 105 b. 02% Mar. 109% June
Olilo A Ml88.—C0U80L , 78, 1698 1 20 b. 121 b, 118
92 Feb. 100 Apr
Sept, 125
Ok.mL« PUta.— lllt,eon..^*.'32|
Feb.
2d.consol .78. 1911
109% 100 Mar. 10!*% Not.
121%a. 120 a. 113%Jan. 120 Not.
C. * Ind.—0«n. ^•, 1934 .106%
8pringlleidDiv.—78, 1905 ....; 110
110 a. 91 Feb. 110% Not.
OoL OmI a In>a- lat, 6k, 1900. 9§^ lOOit
90 May 101% Nov.
l8t, eeneral. 58, 10^12
94 b. 87% Feb.
CM. B. Val. « ToL—OoB. 5a, '31 89>c
87
82 Oct.
94 Feb.
94% Mar.
04'8 Not.
97% Not. Ohio Southern- 1st, 6a, 1921 ... 109 a. 107%
a«B. (lid. 6a, 1901
97% Jan. 107% Not.
ge>ta 93
2(l,ine.. «8, 1921
46
44%
SaL * Hud. Ck" -lat. 7a. 1891 112l« 112 b 110% Oot. 115% May
34 Jan.
49% Not.
Ore^jon Inipr Co.— Ist, 68, 1<>10! 97
llSifb 1151a 0«t. 121
9'*%
Feb.
^-J7i«, l->94.
84 June 99 Mar.
Ore. K. A Nav. Co.— 1st, 68, 1909illO%b. 111%
114>«Jan. 124 Ot.
110 Oct. 114% Jane
Daarar* IUnOr.-liit.7«. 1900 118 b
Consol.. 5-, 192,5
ObsmI 7a. 191U, Trnat r><i
87% Jan. 115 Nov.
]107
102 Jan. 108% Mar.
80
f»ft% July
Oregon A Transoon—6s, 19-,22.. 101% 101%
7J>*Jan.
Dan « H. Ur. W.- lat. 6a, 191 1 81
92% May 104% Oot
Aaasfiiad
'>'i
May $3%.liilr Ppo.Dee.AKvan-'.— 1st, 6s, '1.0. 114 b.
103 Jan. 119 Juns
7e>ab. 7d
iDOOiiie, 6s. 1920
8» Mar.
Dan. Bo. Pa. * Pac.— lat. 7*. "OX 83 b
72 May
82%
81
43 Jan,
82% Not.
EvansT. Div
1 1 1 a. I10%a. 100% Jan, 111% Juue
95 b. 05 b 55 Feb.
I Rt. da, 1920. .
X>*t. Mar. * Mar.-lat. 6«. Iy2t
97% N,.v.
46itb 20 Feb.
Income, e.t. 1920
82
49 Oct.
81 a. 44 Jan,
I«adsraat3>ia,I91I
48
82% NoT.I
42iab. 42 b. 13
Ang. 43% Not. Penu. Co Uuar., 4%% oou , '21 106%h. 106 %b. 102% J«n, 108% Aug.
Ia(«B^7s. 19.1
'
PItto. Ft.W.AC'b.-lst, 7e, 1912. 142 b. 142%b. 141
Jan, 145 June
S. TVn V. * (>•. -1 »|. 7a. 1900
181>tb. 121>ab. 118>«Jau. 126 June
2d, 7s, 1912
99
E.Trn.V.*i). Ry.—Ooo..5*. 'S« »;•%
140%b. "74%" 138 Sept. 142% Jtine
94>e8rpt 99 Nov.
BUx. Lex. * B. Daodr—ta. 1902. lM%a. 106 b 99 Jan. 110 Aue. Rich A All.— Ist, 7s. 1 920. tr. roc 78
65 May
80 July
~ ' lat. cooaul. cold, 7a. 1920*132 b. 184 a 129 Jan. 1J9% July RIehm. A Dan.—<;on8., 6s, 1915 115
115
111%/an. 119% June
~
- 1893
Debenture. «», i9'27
13% llJ%b. 86 Van. 111 July
117 b 117 b.'tl4 Mar. 120 Apr.
LaaC Dock, 7a. '--Debenture, as«>n tod
117% lt4>*Apr.
I06%b. Ill a, 1116% Oct. 113% Not.
July
Cp«. aa.t935
7«''g Jan.
Roch. A Pitts,- Isl, lis. 1921... 115 I). 115 b. 113% Jan, 117 June
K.Y.L.B.AW-2dreD. Oa. axe. 102T« lOSab
101 Nov
Con»ol., 6<. I9i2..
109 b.l 109 b. 105 June 112 Mar.
Fnadtd conpoo. 5a. 19»9
77% Feb. 9ii% Ma-.
ir— l.troaa. e>i.'21 ll8i«b.
limjan. 120% June R inie W. A Og<l.— Ist. 78. 1891 lll%b.jill%b. 110 JiUy 117 Mar.
Consul., eit«nd , 58, lt*22
Il01%b 102'e
8 7% Jan, 103 Sept.
-lat.«% 1023. 110 b.
|103 Jan. 112% Not.
luovme, 7«. iw3'2
118leb.ill6 Jan. 122% Auk.
98 %b. 43 Jan 100 Oot.
niDl. * Pan Marq.—6a, IBM
St Jo. Atid. I'll.- Int. 6s, 192S .107%
107% 101 Jan. 110% Apr.
9«%
1^ W. ADMIT.
1ft, 6a. 1921
81 Jan. 95 % Nov.
94%
'id, Income, .5h. 1925
71 b. 71 b ,^5% Jan.
74% Not.
Oni.BBr.ABaD.Anc.-li.t,6a,°10ll08 b 106 a.'l07 8ept 116 June
Ilir8
St h. .ill. A T.H
l-.t. 78, 1894.
115 b. 115 Oct, 119% May
adM.,7a. 190A
Jan. 119% Mar.
2d, M., prrf., 7a, 1894
Weal. DiTkion— lat, Sa. 1931
illO b. 110 b. 110% Oct, 114 Aug.
t00<\i
92 Jan. 103 Oar.
2d., M.. Inc.. 7s, i89t
1U5 b
80 Jan.
94 Not.
103% Jan, 108 Mar.
Z4. 1 a. 1931
..
108 a.! 80 Jan, 107% July
Dividend b'Is. <!a. 1894
39 b. :<3 Sept, .50 Feb.
Or'aB.W.AStP.-lat.aa. 1911.'
38''«
87 b.| 2t>< Keh. 42% Mar. St. L. Air.
MtocooM^a. 1911
lst,7s.l892...1 .. ... 113 b. 110 Aug, 118 Jan.
2d mo- 1., 78, li^tf?
Ooif Co<.A8>B.I0e— lat,7a. 1909il23>ao l2.<%b.;ii6>aJan. 128% June
,112% 112 a. 111 Aug, 1 19 Msr.
103
Oen. Ry. A laud gr., 5s. 1931
1113
(ioM, 04. 1»i3.
98 %a. 99%
90 Apr, lOU July
86% Jan. 106% Sept.
Ban. A t-t. Jo.—OSBan] 6a. 191 122 b 120 b.lli9>«Jan. 125 Se t. 81. L. A San Fi .- 6i-., i:n. A, 1906 113 b 114 b 108 Jun, 118 July
0.s% Jao, 118 July
68, Class B, l!iO 1
114%b. 114
BrndrrMHi Br.r'o.— I>t. 6*. 193<'l08't 108 lab.; 108 >« Apr. 112 July
113%I) ll:)''8b. 105% Jan. 117 June
68. ClaSHC. 19i>e
B.ATez.t'.-UtM.L. 7a. coa OS llOkib ilO>,b.I02 Juu. 114% Aug.
Grnl mort, bs, 19.a
lac,Wrat. !>.. 7a.lM9I.roa.oir, 03 b li'3>a
113% 112%b. 99% Jan, 113% Nov.
97 Api. 108% July
80. Pac., Mu.— lat, 68. 1'SS... 103%b
la«.WaeoAM.7», 19 3.coa.oa 104<4b 105 %b. 100 feb. 105 July
3 Jan, I16 June
112 July 116 Mar.
M.««MOl. W.
76 May 91% Juns St. Paul M. A M.— 1st, 78, 1909.
8a.lBli
87'tb.
2d, 6a, lu09
Oct, 12^% Feb.
(Ita.aart. as iw2t
67 b 67l«b. SO May 71 Jnly
ill9 b. 120 b. 118
lat eoii8., rs. l-iS.t
June
123 b. 122% 115 Jan, 125 June
in. Central— lat, gold. 4a, 1961 .109 b 109 b. 106 <* Sept. 110
1102 a
70 Feb,
98 Not.
a«id.«>t«.19.M
99% Not. tu2% June iBhenandoah V»l.— Ist. 78. 1900 90 b 95
Chm'lmi.rt., #s. 1 .21
47
47
29 July
49% Not.
L.AN.O.—Oold9a,IBM 117>* 117% 112 Jan. 120% AU)?.
106 b. 107
116 Jnly 120% Apr. So. Carolina— Ist. 6s, 1620
10 i Oct, 113 Mar.
1*4.81. A W.-1at.prrf.. 7a. 1900 i:e>«b. 118
-2d.6«. 1031
94
83 b 85 b. 82 Sept, 90 Feb.
l•^b«i.l90M
94
89% July 104% May
Inc., 6s. 1031
31
90 Mar.
22 % June 33 Nov.
M.5-«a, 190»
83 %b. 89
«>6>aJuly
,
9*
EMtrrn DlTUIoa-«». 1921.
9J>«
89 Jnly 105% Mar. 8& Smix. «%I —1 St. r<s. 1905 12 1 10%b llo%b 1115% Jan, 114 Sept.
lBcoin«, 6-. i91l
31% July 41% Mar. 80. Pao., Art —1st, Us, 180910.. Ill %b. 112 b. 10 J% Jan. 10*1% June
29>eb. 39 >•
ao, Pac. N.
1. 8
b. loa
Jau, 108% Not.
lat. 6s, 1911. ..
37 • 39 a. 20 Feb. 41 Oct.
Ind. D.A8pr— Itie i90e,tr.Kr.
Tex. • Pac.— Inc. A Id Kr. 78. '15 58%b. 59
34 May
61% Aug.
Jan. 119 0<t.
Int. A nt. Nur.-lat. ea, Kold. 'IK ll6>«b. 116 b. 114
Rio Grande Div.—iia. 1930 .
75%
45% Jan. 76 Not.
74%
Conpon, A«, 1909
94%b 94>l9b. 84 Mar. 96 F. b.
67 %h. 31% May
Oen. morr. Aterm,, 68, l:t05..i 69
69 Nov.
Kraiontr—8tnninNi4a,19lli 68>«b. 68 • 59>iFel>. 71 Mar.
K6>« Jan. 105% June Tex, AN.
811b. Div., 68.1912 105 a. 104%). 100% Jan,
107% July
KnozT AO.-lat,6a.«>id,1925!l02>a 102
in4%h. li'l Mav 107 Aug.
LakeEriflAW.— Iat.iia.lyl9. 1IO2 b. 102>ab. 92 Jan. 105 S^pt. iTol.A.A. A Ur.Tr— 1st, 6s. 1921
36 b. 20 Aug. 40 Nov. iToI. A Ohio ( ent.-lst, 58, lfli)5 100 b. 100 b. 92% Jan. 100% Not.
laroinfi, 7a 1899
35
Tol. Peur. « West—lat. 7s, '17
105% I<i5
91
May 106 Oct.
91 Jan. 107 Keb.
Lnray. HI. AM.-lat.e«.1919..ll04 b. 106
.»0% Sopt
Union Paelflo 1st, 6s. lb96-9.. 116% 1163sb 114 Jan. 119% June
49 b. 51 b. 81 Jan.
InroiM,?', 1869
Land gnint, 78. 18-t7-9
101%b. 101 %b. 101% Nov. 10«% Feb.
LnkeSh.-C a.«>np., *m7a,1900'l3o a 130 b 127 Jan. 134% Jime
Binkligfuiid -8.1893
118
118
116 Sept, 123% Feb.
119% Jan. 127 May
|125Tib. 120%
Obo. eoap., 2d, 7V, 1903
'.30
Kan. Pa'ltii Isi, 6s, 1895.... 111 b, 112%a. 110% O't, 114% Jan.
Mnr.
lit Oct
I«nat8i>nd-l>t.7a.lM>8
1st, 68. ]8»tf
113»8b. 113 b. 11
8' pt, 116
Apr.
114^ 114 b. 108 Jan 115 July
!•(, roiwal., Sa. 1931
lUKsb 114% 1 3 Jan, 118 Oot.
Denver Div.— 6s 1899
ton. A Naab.—C'ooMM., 7a. 1808 119 b. Il8>ab 11; May 12^ F.b.
99>« Jan, iO:i% Oct.
lat eonsol. 68, 19i9
IO«%h 1013%
lO?!*
99 Mky 107% Nov.
It. O. A MobOo-lal, 6<i. I93it.ll07
97''8 Feb, 109
t-6
Orecon 8h LiUH Is', 64. '22.. 106% 106 1
lulor
Jiilr
96 Nov.
j<(,«a.1<>»>
94
H9
Virginia Hid -inc.. 6s. 1927... 97
53% Jan. 100 Not.
June !1H>% Apr.
-.1919
K.Tt.\
114>ah. 115 b.;112
109% Nov. Wall 81 L A Pac. Oen..Ks, '20 «4 b, 63 b. 44 Jau. 6.V Aug.
0»n fii
iu9>«b. 109%b. 100%Jan
8i Jan,
94%b,
(/'hica.o DviKOn— 5», 1(<10 .
95% Not.
i;»22
9t Jan. 106% Nov.
lO-fa
Trual
106
90 Not.
D''trol' DIvisl.ui— 6a. 19.1..
89
78 Jan.
10-4<', I.K. i;»j.
99% (Jet.
98 %b. u9 b.l >-4<«May
sh— .Mongiige, 7a, 1909
86 a. 70 May 91 Mar.
Wab
85
Loo. N. A A li.-l>t. 6a, 19ia lll>tb. 111 b. 100% Jan. 120 June
lir>
Tol. A
.!>.— l^t, e«t.. 78, '90 li3
110 June 115% .Ian.
95%l>. 9'>sb. »4% Ort. 1"0 June
ObuMil.. Kold. (a. 1916
107 b. 1O8 b OH June
10 Jan.
1st, 8r. L.Div. 78. 188tf
106% 10 J May 10«l% Nov.
Mam. A L'k'Uloa-6sKOld, 1924 106
101 %h. 10:
2d. citeuileil. 78. 1893
97 May 105% Feb.
118
115 Ja». 123 June
Mrtro. KIrTated.— I«t 6a. 1j08.
95 b h5 b. 81% June 100 Feb.
11M% Apr.
Con., coiiv.. 7», 1H07
110
110 b 10<% Jan.
«.aa 1-1W9
112%ii, I12%l>. 100% May 114 Jan.
On-ni West —lat. 7s, 1888
.>l%b. 3k
Jim- 52 Nov.
52
Mazlrnnt en.-Jtr«r»«<.,7«.l»l
10l%b, I 3
96 Miiy 1116 leb.
2d. 78. l^gj
12'i''9>OV. 1 13
Apr.
l'.J7>«
MIcli. fVni.al— I t roi.. 7«, '02 l'J7>«
lim h. 107 Jan. 111% Mar.
B eAr..79,'9S. '10 I), UO%b. ir>9% Jan. 116 Mar.
8t.L K.C. A N
lat. •nn<ol, ft*. ll»"2
WmcRlin o -Ooar.. Js
103
lO^ Jan. 117 n.-r,
105% lOiiTg Aug. 1US% Not
HWa'H Par.- I't r..na..6'. 1»'0 113^ 115 h

W.D.

lor.. 6«.

6», 191CI

8S<<

|

30%

1910

I

1

'

—

1

'

|

1

!

I

'

. .

i

'

!

'

^

.

I

i

1

1

1

I

!

I

I

1

I

!

AW—

!

A

1

1

1

i|

1

.

I

aa

'

t

i

I

!

i

—

"~

.

—

1

{

in

C-

1

I

—

1

j

I

M —

1

.

I

1

U

aw

I

I

.

M—

j

1

O—

1

I

—

>

1

I

Wg

I

W

—

,

Jtt/ra -I'nn IdMO' b

ia'li«ateiprioe''Md."audaprlae"a«Kt)a:"

all

oUier lyioes auJ cue

rdUgmFO fiomaoiaalsolea.

THE CHRONICLK

630

NOVE.nBER

UUOTATIONS OF STATE AND RAILROAD BONDS,
STATE BONDS.
BBCtJRITIEB.

107

103

104

IIV

^t>

* N.O. RR
A R. R. RR-

15

t,^fcq^f)aji*

N. Carolina^—Contlnned—

103^1

6s, oonsol. bonds
Boulh Carolina—
7'8
T-4
68, non fuuilable, 1888.
68, ex-'natnred coaponBrown cousol'n 08, 1893 110
6s, consol. 2d aenes
B4
65
6s, deferred
Tenne8see-«s, old,1893-8
64
«.l
District of Colnmbla—
6«, new, 1892-8-1900 .
64
«ft
8-668, 1924
6s, new series. 1914
74
76
yondlng68, 1899
C'mp'ml8e.3-4-5-68.1913

17

6

10
111

Arkonus Cent. RR.
gol'l,

8B0DRITIKB.

103
104
108
113
116
103

.

12

10

T», L. R.P.B.
Ta, Mlsa. O.
ri,

Bid.

,

l(l»

Arkanau— 61, tnnded...
7«, L. Rock*Pt.8.l«fc
T«, Memp.A L.Rook BR
Oeorrl»-7»,

BBOURITIKB.

Aak.

10ft "n
1(17

A, 190«
OlMs B, 6a, 1906
OUm C, 4s, 1906
•,10-3U8,leO0

1800

U4

7b, 0O1U..1914

6s, loan,
OS, loan,
es, loan,

^"j--

•

New bonds, J. AJ.. '93-8

Bid.

6b,

8E0URITIB8.

Aak.

Tennessee—Contlnned—
New Ruttlem't— 68, 1913
14«B 14\
99^100
58, 1913

Speolaltaz, Class 1
Consol. 4b, 1910

121

1919

123»<

38,1913
Vlrglnla-6s, old
68, new, 1866

1(12
Ohio— Bs, 1888
Rhmle Isl.— (Is, cp.,1 893.4 120

113
115
118
35
12
22

1891
1893

1898
N. Carolina-Bs, old. J. AJ.
Fnndlnr act, 1900

83

82^1

StMPP'-d. 4b

38, 1886.

Mlssoarl— 6s, 1887
68, line 1888
8«, dne 1889 or 1890..
Asyl'm or Univ., dae*93
FondlDK, 1884-96
HuiQlbal A St. Jo.. '86.
New York— 6s,reg., 1887

Bid.

AUbama— Clua

XUn,

[Vol.

,

.

RAII.HOAP BONDS.
8ECCRITIK8.

BKCURITIEB.

Ask,

Bid.

,Bid.

Ask.

Del.ARud.Canal-lst,78 112 Ilia's
Railroad Bondg.
lat, eit., 78, 1891
Coupon, 78, 1894
.-_ 115V'16Hl
Exehangt Pricu.)
ISUck
144
89 ><
1st, Pa. DiT.,op.,78,1917 •141
AU. A Pao.-l»t, B8. 1910.
Alb. A Susq.- Ist, 78... 106
Balt&O.- iBt, 68, Park.B 109 111
133
Ist,can8.,guar.78,190b
1925
Bs, (told,
93
94
119»i
l8t,con8., guar. 68,1906 119
BOB.H.Tun.A Wn.deb.59.
Rena. A Bar.- lat,op.,78 140
Bnr.C. Uap.&No.— l»t.5- WSk
79'8
D.*B.a.RR.,l8to. 4s.'30.
col.tr.,58.1934
Cousol. &
79»8l
Denv. AHlofir.- l8t, 78..
Mlnn.ASt.L.— l»t,7»,5U
lat, cons., 78, Trust rec. iio'
la. City A West.- l»t,7B
110
Den.So.Pk.A Pac.— l8t,78
C.Bap.I.F.A N.— lal,68
103
Den.ARloO.WeBt— l8t,Ba 79 '4
lBt,6B, 1921
Assented
BnS. N. Y. A P.— Cous.Bb 106»,
lOli'i DetMack.AMarq.— lat.Bs
95
General, 6s, 1924
4BHi 471
Land grant, 3»a8, 8- A
Cui. So.- 1 Bt, Int. guar.,58 lOtl'', 107 »e
105
91 ^i 94%; Det. Bay C.A Alp.— l8t,68
....
2d, 68,1913
124
100
E.T.Va. AG.— lBt,78,1900
Central lowa-lst, 78,'99t
74
107
Divisional 5s, 1930
Eaet. DlT.— l8t, Bh, 1012
79
E.T.Va.A Ga.Ry.— Ist, 5s 98'$
111. Div., l8t, 68, 1912
Ches.A

117

O— Pnr. mo.fd.'9a

A N.— S.f .d6b.,c.,68
Ist, Ba, 1920
Eliz. Lex. A Big Sandy— Bs
Ell!i.C.

106
109H
77 >« 80
33
Erie Ist, extended, 78...
68, currency, 1918
SB's 99
2d, extended. 58, 1919..
Mortgage, 1)8, 1911. ...
102 103
3d,extendcd,4'.iS,1923.
Chea.O.&iS. W.— M., 5.68
118
4th, extended, 58, 1920.
Chic. A Alton— lBt,78,'93
5th,7a,1888
Sinking fund, Bb, 1903 . 123
lat, cons, gold, 7a, 1920
La. A Mo. Klv.— lat, 78. 118
Ist, cons., Id. coup., 78.
3d,7B, 1900
l8t i'ldk
Reorg., 1st lien. 6a, 1908
8t. t. Jack. A Chlc
Ba, KOld,8erieHA.,1908.
68,golrt,8eiiesB.,l«08t

—

—

Ist,

2d,guar. (1H8),78,'98

N.Y.L.E.AW.-N'w2dBs
ExJune, 1886, coup..

106 "2 107 -a

DlT.— S. fd., 5s, 1919
Slnkingfuud,4s,1919
Denver i)lv.—48, 1922.

ga'i

Collat'l trust, Ba, 1922
Fund ctnp., 58, 19B9.

1st, 68,

99%

103%
115% 118%

1884.1913

11634

Minn.ASt.L.— l8t,78,1927
Iowa Ext.— lat, 78, 1909
1891
S'thw.Ext l8t,78,19in
Pac. Ext.— 1st, 68, 1921
Imp. A Eouip.- 8s,1922
2d, 78.

140

109
123

111

2d, 68, 1901

112

N. Y. Central- Bs, 1887
Deb. certs.,

117'

ext^l.

N.Y.C.A H.— 1st,

Ss

115

111%
lOS
107

—
.

106
137

cp., 7b

isi

124% 127

78, 1906
O.— Pr.l'n,Bs,'95

N.Y.P.A
N.Y.O.AN

"70'"

Gen.,6s,1910

97 3<
"BO
106=8 lOB'e

88%

88
64
10784

A

C.C.C.Alud'8— l8t,78,8.fd,
Consol. 7s, 1914

I2314 125
135

N.Y.AM.B'h- l8t,78,'97
N.Y.B.AM.B.-lstcgos
N.— Cons. 7s,'98 118% 121

— 7e.l907
N.O.AMob..-l3t,B8,1930

Cecilian Br'ch.

Conaol. sink, fd.,78,1914
Oeneral consol., 68,1934
Ch. St.P. M. A O.- Cou.Bs
O.St.P-AM.- I8t68,1918
No. Wis.— lat, B8, 1930.

108i>4

109
124
127
132
1263. 128
116
114', 115

8t.P.AS.C.— l8t,6s,191il
Chlc.A.E.Ill.— l8t,8.f.cnr.
Consol., 1st, Be, 1934. ..
Ohlo.St.li.AP.— l8t,oon.68

•109

Chlo.AW.lnd.— lst,8.f.,6s
Oen'l mort., Ba, 1932 ...
Ohio. ASt.L.— l8t,tl8.191.T

112
107
107%
•96
07
2d, Ba, '930
E. H. A N.— l8t,B8,1910 116
109=4 110
General, 6a, 1930
Peuaacola Div.— 68,1920 100 105
St. L. Div.— Ist, 68, 1921 114%

68
2d, 38, 1980
Naahv. A Dec— lat, 78.
S. A N.Ala.— S.t.Us.lillO 107 'e
Loulav. C.

103% 106

Ch.A Ind.Coal Ry— l8t,5a '98
Ool.A Ureen.— lBt,t'8,191(i 108
•92
2d, 68,1926
873,
Col. H.Val.A Tol.— l8t,5s
Oen. M..gol(l,8s. 1904..

Ba,

1922.

ib'ti

121

04
•107

108 '4
100

101%

1

.

I

*

Mo piioes IMdar

;

these are latest qaotations

made

101

1907

AtJ.Co.AW.— lat, B.s

OWjg- Short L.— lat, >i>
Ut. So.— Oen., 78,1901'
Exten., lat, 78, 190S'

Pac— lat, cona., Bs.
.

A

ClaaaC, 1906
68,Cla8aB, 190B
Ist, Bs, Pierce C. A O
Equipment, 7s, 1895.
Gou. mort, Ba, 1931

.

Mo — l8t,6>

1905t
Inc. A l.g.— 78Tr.rec
Rio G., Bs, Aug. op. on
Ba,

ex Aug.
,tr

ter.

fia

85
95

107>i

86

98%
47%

'47

75
75

cp.

Tr.r

lOB
93

104%

98!!,

99',

63

61
65

94% 95

60
•86

87

•60%

86
Wabash— Mort., 7a,1909
Tol.A W.— ]Bt,ext.,7s 113% 114

=8

lat.St. L. Dlv.,78, '89.
2d, ext., 7.8, 1893
Equlp'tbds.. 78, -83.
Consol. conv., 78, 1907
Gt.Wesfii- lst,78,'88

11434

110%

2d,7.s. 1KU3
tJ.ATol.— l.st.

110

A

7s.

Han.

108
102

109
10284

3

96

112%

....

102%

1890

Naples— lat,7s
Ill.AS0.Ia.-l8t,ex.,B,s

80

90

St.L.K.C.AN.- R.e. 7a 110%

1153,

111
103

Omaha Dlv.— lat.

101

108%

78.
Ti'uat Co. receii)ta..

Clar'daBr.— 68,1919

71

1023<

St.Chas.lifje.- lat.Us

114

122 123
110%
112
108
llt;%

No. Missoiin— 1st,

7s.

TruatCo. Receipta
West shore -lat, guar., 4s
Weat.i:u.'rel.— 78. 1900 ..

(Inttrest iniuable i/ en nieiL

115

AU.

114H
106%

1063,

A Pac— Inc.,

1910...

Det. Mack. A Mar.— Inc.
Or.BayW.&St.P.— 2d,inc.
Ind.Bl.AW,— Con., inc. ,68

106%
Ind'sDec.A Spr'd— 2d,iuc,
103%
Trust Co. receipts
106% 106«8 Leh. A Wilkesb. Coal— '88
Lake E A W.— Inc., 78,'99
88
Sand'kyDlT.— Inc.,l»'20
80
116

116

. ...

7«>fl

103

117%

105% 105^
123

85% 853»
99',

lOO

100
100

Laf.Bl.AMun...Inc.,7B,'99

29^
43
37
29

36
18
51

AW.— Incomes

104 >4 10434 Mob.AO.— l8t,prt.,deben.
111
2d, pref., debentures
114
115
3d, pref., debentures
114
4th, pref. .debentures...
113't
N.Y.LakeK.AW.— luc.B.'.
114
105
OhioSo.— 'id, inc., 68,1921

39
30
39
100
40
25

103

42
32
28

Mil. L.sh.

PeonaD.AEv.— Inc.,192(i

lO.I

104

71% 73%
43
34
30

*7S

44% 45
80

81
81

Evansv.DlT.- Inc., 19'20

iris. 113
10434 Bocli.Al'ittab.— Inc,1921
104

106

Rome W. A Og.— Inc., 78.
So Car. Ry.— luc

100

,6b,

1931

-i.- Div. bda..
O'd fal.- '2d, Inc.

St.L.-'-.A'l'.

98%
58»,

.

.

Juconio Bonds.

112%

105

101

W.St.L.AP.— IOK6diT.,63

N.W.l'elegrapli.— 79.1904
inut.Un.Tel.-S.fd.Ba.lOll
Col. C.A Ir.Co.— Ist.con.Bs
Tenn.Coal A Ir.— Coiis.,B8
So. Pitts.— 1st, Bs, 1902.

9534

Kan. C.A s.— Ist.Ba, p
rtS.AV.B.Bg.-lst,U:

Tex.A Pac— -.=i,88,190i

Do

W.— l8t,7s,1917

Sabine DiT...l8t,68,1912
Va. Mid.- M.lnc, Ba,1927.

2'J

Bs,

Oen. m.

1911

113

AtCAP.— lat, 68,1905

this ire«k.

107'

93%

95
*.

.

2d, 78, 1891
8t L. AS. F.— 2d, Bs, CI.

118

Tol.A.A.AG.T.— l8t,6s,g. 104%
Tex. A N. O.— lat, 7.8,1905

C7%

10b %

C.Br.U.P.— F.c,78,'9;i

Consol-

— l8t,78,1909

122% 1231a

100%

98%

98

189B

80. Pac. of

68,1931

T.A.A.AN.M.l8t6.s..l924

11034

'93.

3d,78,19vl6
Pac. of Mo.— 1st, 68

99
10-40,68,1924
Pena. A At.— l8t,B8, ifold .*9S
L. Erie AW.— let, Ba, f919 102% 104%
Sandusky Dlv.— Bs,l»19 75
85
Laf. Bl. A M.— l8t,Bs,191'J 105
Del. L. A W.— 7s,cc»v.,'92
LouisT.N.Alb.AC— Ist.Ba 111 lll»f.
Mortgage, 78, 1907
137
Cons, gold, 68, 1916
96% 98
Svr.Bing.&N.Y.- lst,78 181
91
Lou. N. O. A Tex.— l.st, 5a
Morris A Kasex— Ist, 78 142-4 142% MauIiat.B'ch Co.— 78,1909
2d, 78, 1891
112% I13i Me[n.&Cli»«.--88.gld,1924 1(15 105 14
Bonds, 78, 1900
Metpn. Kiev.- 161,68,1908 117%
7sof 1871,1901
126
2d,B8,1899
110
Ist, con., guar., 7a
137
Mex. Cent.— let, 7s, ex cp
H. Y. Lack.A W.— l8t,B8
51% .'.5
130^1 New assented. 48
ConfttrnpHnn..'>^
lO?'., 1(19
iMirh Cent.— (..n«.7i.l!lll'? 127'>« I"?"
98^4

58,

Ba, 192-.;

Wab.st.L.APac.— Oen.,6!
Trust Co. receipts
Chlc. Div.— 68, 1910...
120
Hav. Div.— 68,1910....
110
Ind'polis Dlv.— 6.S, 1921.
Detroit Div.— Bs, 1921..
107 %
Cairo DlT.— 58, 1931 ...

Pac— lat, B8,'9.")

6.8,

•2d,

1st, 78,

ilO

121

Denv.Div.B8,a88.,'99
l8t, conaol., Ba, 1919.

Mo.

A L.— Bs.lgai

Trust bonds,

Do
lat,

A

St.P.
Dul.— 1st, 58,1931
So. Car. R'y— let, Ba, 1920

Tol.AO.C— l8t.g.,58,193.''. 100

118
116

Kana.

Miu'a Un.— Ist,

120

191(1.

lat consol., 68, cp., 193;^

Tex.Cen.— lst.8.f.,7.s,1909

111% 112

Sinking fund, 88,
Reg., 8s, 1893

r.oui.sT.&

112

102% SodUB BayA So.—lst.Ss, g.

101-

Collateral Trust, Ba.

113%

Tol.P.A

Land grants, 7s, '87-89

114

Dakota Ext.— Bs,

Oeneral, Bs, 1921

110
105
1C6

1U8

.

1931

108%

St.P.Minn.& Man.— lst,7.s
2d,68, 1909

ilB's
102-'s

113

Cairo Ark. AT.— Ist, 7» 114%
Gen.r'yAl.gr.- 5S.1931
99 •«
118
st.L.Alton A I'.H.— lst,7s 115
110
2d, pref ., 78, 1894
2d,Income, 78, 1894 .... '107%
Bellev.A So. Ill.-lat, 8f 115
BeUev.ACar.— l8t,68, 32 110 113

Shenand'hV

—

Ist, cousol-, 5a,

72
71

97%

—

Conaol., reg., 2d, 76...

-_VL--

70%
128

Trust Co. receipta
N. Y.A N. Engl'd— lat, 7a.
lat, 68, 190o
N.Y.C.ASt.L.-lBt68l921
Trust Co. receipta
2d. 68,1923

A Iron Mt.— lat, 78.
2d,78,1897

Arkansas Br'cli— lat, 7s 115%
Cairo A Fulton— 1st, 7s. 1C9'^ ill"

109
132

Deb., 6s, 1904

Harlem — ist, 7e, coup.
N.Y. Kiev —let,
106

109

St. L.

lo;i34

Morgan'8 La.&T.— lat, Bs
1st, 7a, 1918
Nash.Chat.ASt.L.— l8t,76

107
134

Consol., 1st, 68,1922...

74
76
115 116
113% 114i»
Debenture Ba, 1927
i06%
ill
Asaented
77
Atl.ACh.— l8t,pr.,73,'97 '110%
116
Incomea, 1900
120
Scioto Val.— let, cona., 7ft
---- St.Jo. AO'dlal'd.- l8t, 68 107% 107»*
130

A Cairo—4s, guar.

St.L.

112

.

MahoningCoai K...lat,58
Long lal. KR.— 1st, 7s, '98

lOSfl

RomeW.A Og.— lBt,7e,'91 111%

114

i-i

117
107 Hi

137'l

128

110

1892

Rlcb.AAlleg.-lst, 7.8,1920
Trust Co. »Bceipt3
Blch.ADau\».,-Cona.,g.,BB

C—

A

68,

a. f.,

Pltta.Cleve.ATol.- l8t,6s
Pltta.McK. A Y.— l8t,B8

95
105

—

2d, 78, 1907
HU.AMad.— l8t,B8.1905
St..P.— Ist.Ss
Ott.C. F.
North.Ill.— l8t ,58. 1910.
Ch.— Ist.g.
Cln. I. St. L.

-133

Clev.AP.— ConB.8.fd..7s*124
St.L.V.AT.H.— l8t,g.,78

111%

.

,

142% 143>»
'140% 141

2d, 7a, 1898
2d, guar.. 7a, 1898....

110
90

Cons., 78, 1904.5.6
Cons., 2rt, income, 1911
H.ACentMo..-lst,78'90
Mobile A Ohio- New iSs
Collateral tru6t. Ba, 1K92
1st, Extension, Ba, 1927

.

,

C.—lat,7e

3d, 78,1912

Mo.K.AT.— Genl.,68,i920 104% 104%
Con., lat, ext., 68, 1922. 102% 102%
92% 62% Roch.APltt.-lat.Ba,1921 115
Oeneral, 68, 1920

Buff.AS.W.— M.Bs,1908

M

Ask.

PineC'k R'y— 68 0f 1932.

109
94
102

Mlnn.A N.W.— Ist.Ss.gld.

Evans.&Indps.— lat cons 'lOi?,
Plain 4s, 1921
lOlSi Fl'tAP.Marq.- M.B8,1920 118%
Chic. Biirl. A No.— let. 58 104
isgig Ft.W.A Den.C— Ist.Bs...
94'H( 94 's N.Y.Ont.AW.— Ist.g.. 68.
C.K.I. A P.— Bs, cp., 1917. 136
Uli* 111\ Gal.Har. AS.Ant.- ist,"
108
N. Y. Susq. A W.— lat, Bst
Kit. A Col., 58, 1934.
110
Debenture, 68, 18971. ..
Keok. A Des M.— Ist.Ss
2d, 73, 1905
-100
l-JS^ij
Midland of N.J.— lst,6s
West. DlT.— l8t,58...
Cent, of N. J.— Ist, 78, '90 108
<93
108
N.Y.N.H.AH.— lat,rg.,4B
l8t,con8.as8ent. 7s, 1899
2d, 6s. 1931
107 'e Gr. Rap. A lud.— Gen. 58. *85
90
N.Pac.— G. l.gr.,lst,cp.,Bs
Conv., assented, 79, 1902
108
106 "81' Gr'nBayVV.ASt.P.— lst,B8
Gen., 2d, gold, Bs, 193
Adjustment, 78, 1903.
James Riv.Val.— lat, 6s
aulfCol.AS.Fe.-78,1909 123=,
Conv. debeut., (5,1, 1908.
1()2
Spokane* Pal.,lst.8.f6
Leh.AW.B.— Cou.g'd.as. 110>a 111
GoId,68,1923
99' Han.ASt.J.— Con.6s,1911 120
No. Pac.Ter.Co. l8t.,g..B8
Am.D'k&Iinp.— 08,1921 99
N.O.Pac.— lst,6s.g.,1920t
Hend.Bridge Co.— lat, 6s. 108 % 110
Chlc. MU. A St. P.—
132
134
H.A Tex.C— l8tM.L.,78t llOH 111 N.O.A No. E.— Pr. 1., g.,B8
Ist, 88, P. 1)., 1898
125
- 2d, 7 3-108, P. D., 1898.
Norf. A W.— Oen., 6s,1931
1st, Western Div..78t.. 103% 1U4
135
New River— lst,B8,1932
1st, WacoANo.,7st ... lOo^i
iBt, 78, $ g., R. D., 1902
87
l8t,I.aC.lDiv.,78,1893. l-riOHl
Imp. A Ext.— Bs, 1934..
2d, con80..,roalnline, 88
123
67%
.4djustmt. M.— 78, 1924
General, 63, 1921
lat, I. A M., 7», 1897
125
Hous.E.AW.Tex.— l8t,78
Ogd.A LakeCh.— l8t,B8.
lat, I. A U., 78, 1899.
132
110
Ohio A Mias.— Cons. 8.f.7s
l8t,C. A M., 78, 1903... 130
lll.Cen.— latg. 4s, 1951... 109
*131
132
01
Consolidated 7 s, 1 898 ..
Gold, 3%8, 1051
Consol. 78, 1905
133
2d, consolidated, 7a,1911
l8t,7s, I. A 1). Ext.,1908 132
Spd. Div.— Cp. Ba, 1898.. '118%
IstSpringlield Div., 78.
iddle DlT.— Reg., 58 .
let, 8. W. Div. ,68,1909. llBiu
117'
Ist, general, 58, 1932...
1st, 58, LaC.A Bav. 1919 lO's ibg'-i ;C.St.L.AN.O.—Teu.l.,7s
117
l8t,S.Mlnn.Div.,Bs,1910 1164 118Si
Ohio So.— lat, Bs, 1921 ...
1st, console 78, 1897..
-118
Oregn&Cal.— l8t,Ba,1921
2d,6s,1907
l8t, H.& U., 78, 1910... 128
117
118
Or.Arranso'l-.B8,'82,1922
Chio.&Pac.Dlv.,B8.1910 119V1
Gold, 58, 1951
118
2d DlT.,7s
Oregon Imp. Co.— 1st, Bs.
l8t,Clllc.AP-W.,5s,1921 108%
Dub. A S
111
108% Ced. P. AMlnn.— l8t,78
Oreg'nRR.ANav.- l8t,68.
Mln'lPt. DlT., 68, 1910 lOll
Cousol., 58, 1925
C.A L.Sup.DiT., 5s,1921 loB -01'% ind.Bl.AW.— Ist, prel.,7s 117 118
94
94% Panama— S.f., sub. Bs,1910
Wls.A Min.Div.,58,1921 1071a 108
1st, o-Bs, 1909
105 lOtf
81% 82 PeoriaDec. A Et.— Ist.Bs
Terminal 5s, 1914
2d, 5-68, 1909
9;r
94% ETan8.Div.— lat,Bs,1920
Pargo A S0.3S, As8U..'24
Eastern Dlv.—Bs, 1921
98
lOB
Peoria A Pek. U'n— l8t,B8
Dakota A at. So.— Sa..
I mlianap. D. A.Sjir.— 1 st,78 105
2d M., 4%8,1921
Chlc.AN W.— Uou.78.1 915 139
lut.AGt. No.— l8t,6s,goW 118
94^8 '94% Pacific KK.—
Coupon, gold, 78, 1902.. 131 =B
Coupon, Bs. 1909
116% Ken. Cent.- Stmpd. 4.p.c. 68% 69
Sinking fund, Bs, 1929.. 115
Cen. Pac— Gold, Bs. ...
108 109
San Joaquin Br.—6a..
Sinking fund, 58. 1929.
Knoxv. A O.— lst,63,1925 10134 102
Slnk'g td., deb., OS.1933. 107».
Cal. A Oregon— Ist, Bs
Lake Shore A Mich. So.—
113%
Cal. AOr.— Ser. B., Bs.
25 years doll., 5s. 1909.. 108
Cleve. P. A A., 78
Liuid grant bonds, Bs.
Extension bonds— 1926.
Buff.AErie-New bd8,78 122%
Eacanaba A I..S. l8t,tis 116
West. Pac— Bonds, Bs..
Kal. A W. Pigeon— Ist. •105
Det.M.AT.— l8t,78,190C 126
Dea >tAMin'ap.— l8t,78
No. R'way (Cal.)— l8t,Bs
Iowa Jlidlaud- lat, 88.
So. Pac. of Cal.— lat, Ba.
Lake Shore— Div. bonds 121=8
Peninsula 1st. conv^,7s
Consol., coup., Ist, 78- 130
So. Pac. of Ariz.— 1st, Bs
128 -<
Chic.AMIlw'keo— lst,78 125 127 %
Cousol. reg. 1st, 7e
So. Pac. of N. Mex.~l8t,Bs
.26%
Cou8ol.,coup.,2d, 78.. I'JB
Union Pacitic— lat, Bs..
Win. A St. P.— l8t,78,'87 102 '8
.

Pitt*. Ft.W.A
2d, 78, 1912

4th,

136
122
102

Bid.

RR

Pa.Co.'aguar.4%s,lat,cp 106% 107
Pa. Co.'84%s,reg.,1921. '107
Pltb).C.ASt.L._l8t,o.,7s 1:9

11 i'

Aahl'd DiT.-l8t.B8,192.-)

*85
et.AT.H.— l8t,cou8.,8s*118'«
MtVern'n— l8t,6a,iy23 "llO

100%

121%

M1I.L.8.AW.— lat.B8,1921
Mich. DlT.— lat, Ba, 1924

SECURITIES.
Pennsylvania

ioi" 106*,
No.— lat, Bs, 1910 106%

MUw. A

129

b'nds,78,'93
Consol. gold, 6s, 1935.
B.N. Y. A E.-lst,78,1916

2d, (360), 7s, 1898 ....

sinking fund, 1901..
debentures, 1913

114
106

Ask.

Bid.

109

i'ii'
108 In

Long Dock

guar. (564), 78,'94

Mlsa.R.Br'ge— Ist.s.f.Bs
Ohlc.Bnrl. & (J.— Cons. 78
68,
6b,
la.

56
108

SECURITIES.
Mich. Cen.-Con.Ss, 1902
Ba, 1909
Coup, 58,1931
Jack. Lan. A Sag.—68,'91

St.

Jo

t

'70

98%il00
30
39
71

3034,

41
74>«

Free l.iHt.
C.ASp.— IstC.C.C.A I. .78
J.fleison KB.— lpt,7a,'89 104

69

75
N..r.Sn.— Int. tfunr..
"67"V 6884
'

loooponsoa]

Ba.'Oi*

95

115
I

97

NOVKKBEB

THE CHRONICLE

37, 1880.]

631

AB?TR\C;r FROM RSPJarS OF TdS XATIOXAL BAMK3 MA-DH TO THE COJIPIROLLER OCrOBER
DepoHU.
OapUal.

October 7, 1«8«

Burplut.
Ittdividual.

9

m
6 •nuant

10.360.000

2,343,256

i>,705,74l

VBoatoa

£iUm., other

ia<>

Rhofle lalmnd.
Coaneetlcut...

l£

..

61
84
&64

I

ToUilNT.No.!

(

Kew York Cttr

3 H. Yoit. other
m Kew JerMr..

267
74

2,bs9,144

4,lo7,83J
18.668,125
6,025,113
6,103,815

37.S81
113,557

l,237,7>tO

0,531.678
47,94ti,bl7

6o6,829

3,3o2.1o7
3,e09,ie5
4.009,537
1,436,951
3,350,134
912,205
9,432,439
126,674
11,647,162
1,907,731
8,963,99 i
9,133,4.M
9,224,257

233.9:2:

28

6

1,325,000

1

252,000
3,731.560

..

24
20

VlrsinU

112

23.7SN.a;j5l

484,965
«,0j7,132

1

2,3T6.0oO
1.779,100

5U9.666
814.198

2,68<>,0i>u

81*2,652

550.000

32,50V
3Sb,5J0
68,878
1,143,000
10.5OO
2.106.422
205, tOO

16
17
9
IS
7
8
1

liOailalana, oth.

Arkaaaw'illil
..

Kantnekr.oth.

I

1,93.^.000

625.000
3,425.000
100.000
7.685.000
755.000

Iteneane
Total Dlr.V«.4

18,393,339

l,333,UO»

24,944,045
15,245,707
45,182,420

7
101
3
47

9,«>00,U00
e,.^90,000

13,960,000
13,03K.50O
3.300,000
10,e0».300
6M).000

Xbtal iXt.So.3

ll,'j88,243

501,536

87,693,621
23,305,427

d7(<,816

4,325,.441

29,525,240

:>9», 000

8,402,46)?

43,6,50,119

2,053, .954
340, 000

20,403,693

1.02.t, 785

11,011.03.1

21,758 .Uo9

Iowa
MlaaeaoU.

2,433336
2,192,279
052.530
782,69'

oth'r

1,087,13(.

I Vebraakri'.
cmbraal
POakDta

1,197,286

521,216

TMal DlT J(o.6
Werada

40,347,560

0,166,497

10«i,000

3u,000
247,970
660,401
92,036
155.450
1.185,867

2,500,000

!CWUi»iila.oth

2.88.>,00C

l,320,0u0
1,115,000
7,»20,000

Wanhlnctoo T.
ToUlINr.iro.7
Cetondo..

87
6
..

1«

Wyomhu...

9
7
6

^MawMexlea
fDtah

8,8.53,275

16,389,431
13.e06.423

402.00.S

743 .500|

3.08.^.000

SCLoala...

309,868
86,462
868,385
579,627

4.803 ,940
3,411
3,308 ,000

6271 97.i5.'>.150

lOehte'n.other

I
j MUwankee....
P WlHmiaio,ath.

.

5,096,001
4,761,112
6,305,861
1,297,984
4,315.785
1,626,267
9,626,048
145,407
16,656,965
2,161,373

215,537
89,748
84,001
91,250

1.3*7 ,500

15
153

1

Maoiaaa

438,906

2.b8.5,115

9U,I«34,933

9
187 82,143.850
98 12^44.500

» Other.
^
.Oelratt

b

291,567
10,552,231
3,565,159
55,833,964

2,960,tll8;

.

[

16,485

774.939

62,14.5,^58

13

iCIaelnnaU
Cleveland ..
OUe^ other

I

4,d0J,O79
27,515.072
6,142,904
3,124,952

74
6
9:^4,401
9
8.S5 1.500
2,17»,797
99
9,758,9<X)
8S4,643
33
5,417,500
26 ^1 40.e44.IHH> 10,125,657

Tezaa .........

I

1,086.000

8.438.000
350,000
1,803,500
825,000
937, 17.^
900,000
7,21u,n75

S04,>i00

21,000
333,125
164,109
302.750

166JM0

5,596,91
209,870,l'P.

17,813,S3U
22,088.90
6, < 39 ,0.59
0,564,18
12,691, 1J5
14,214,338
4,585.618
87,i97,li9

eertifle'tes

3,691.350!
198,990!

2,185,597,
422,3CSj

71,393
91,913
60.003
253,7(;o

1.256.196

213.691
111.574
146,747
35.623
1^5.5^0
.50,4"

368,833
839,83

4,536..542

31,911.254
9,69S,28b
12,f.47.138

2,,:,^2.42:

910,536

14,662,310
18,967,286
5.209,593
115,513,546

1,036,663

2^0,495
1,963,412

259,681
3,390,601
8,770,788
3,504,450
2,435,976

3«,670
559,0::6

2,287,240

982.019
263,093
6,787,286
56,794
1,161,120
1,240,004
680,271
355.157
3,392,340

18.3111,495

12,997.3^9
4H6.094
6,079,138
1,838,718

447,996

9,934,2(!2

2,048,1.52

1,7p8.165
2d,797,82«

8r'.->.8o7
71
I Total DiT Jro.8
1.852,281
Total forU. B...tet02 541.240.7801 167,a«g.l9T f,172J6-<,.l6il 16.5rt3-30o

5,619,035
3,6S2,279
1.032,200
2,822,734
1,743,881
4,205,674
1,643,217
730,553
785,750

54.075
6,985
23,610
33,880
47,6-0
18.820

61,240

BTATKlUUrr or THB national, banks of the RE8EKVK

675,163
815,038
718,754
341,538
5,902,706

2,131

48,1 '40

10.090
2.905
20,690

490

951

34,610
11,360

196.207
42,216
19,024
271,756

113,368
1.680

11,591

l,4.W,i)64,-'7-l 56.202,-<07

991,269
1,231,191
1,129,763

188,980

6,230
6,630
52,316

783,515
39,152
405,582
96,061
36,336
55,095

770

20,060
13,337
207.28"

51,170

561,286
403,163

4^9,1011 17,600,736

113,974
4,052
44.271

500
6S0

98,740
461,190
404,766
609,589

15B.600
2,000
29.117
63,790
179,537
29,430
6,110
21,313
2,550
8.630

4,U81
13,900
80,473
37,018
24.416
160,768

8,890

485,918
e,417,H60
1,564.177
1.820,5«5
2.334,026
22,557.7 28

16^,292
178,347
91,172

1,484,972
5,390
1,310,099

58.620

92.862

4-«0

597,762

125,726
191,255
68,644

67-J,02o

3tl.650

23,170

17,414,V<*»

3U,613

12,5,80

90,9 SO

910

274,630
302,422

1,500

76,600
109.184
949,577

19,280
2„500

3.701.1U1

|

29,990
21,150
180,640
12,500
223,645
41,400
2,000

225,0101
32.217'
27,092

224,407
91,242
30,732
82,657
139,925
138.727
46.034
753.724

330,445
915,751
89,700
739,495
206,818

85,800

39,667
108,302
14,460

86,030
8,830
88,630
38,510
25,600
14,720
6,000
268,2:0

1,130,358
1,516,262
048,154

188,951
1,229,941

4»0

89,011
39,225
41,504

l,688,tu7

607,480

2'.',517,t>38

1.710

2,177.240

8,055,682
2.013,325
1,010,126
1,354.646

774,218
11.401.507
250.754.367 19.698.931

34,630
4.K#0
120.»^0

38,859
304,939
264,289
252,397
319,424
92,055
105,662

f«

370,020

13,100
9,060
32,910

536,490
231,600
108,190
128,080
828,890
159,630
800
4S,780
100,000
14,780

2,490,171

6,854,486

12.502.018

26,°J9ti

41,046
106,255

277,269
360,920
289
397,145
162,2l6
59.44?
37,710
377,882
44,Ono
411,008
50,770
333,073
120,700
2,600,071 1.018,740

494,614
887,007
I

3.172,423
1,739,776
4,674,741
2,111,757
7.'!.649 2,701,057
941.81)0 127.271.792

58,24ti

5(;0

1,370.446

4,500
73,985
21,321
168,265
34,900

157.335
76,779
45,436
10.919
122,761
24,844
496,320

270

171,478
128.939
162,409
3,439.643

56.),2

3,3.S.',427

79,770
133,070
3,500
25.320

65,484,145
32.611,643
10,303.373
25,S45,740

284,525
460,923
397,143
163,585
290.166
4. 1,795
204,;90

3,6!il,9>i9

272,167
259,663
78.148
519,796
222,978
2,914,426

1,329,35'

a

90-'-i

687,061
25,093
681,978
435,434
650.323
147,5s9
704.947

15,140
1.164,370
33,880
274,790
58,100
31,500
10,510
1 ,588,290

25,06J,U5 2,131,612

882,077
147,548
863,050
478,664
36,042
455,023
69,Mol
5,347,557

9,2"il.63.'.

10,148,099: 4,236.27ol 1.559.109

202.317

$

870
4,480
3.170
26.110
32.260
13,570
9.H15

648,928
140,221
292,«86

67,240
243,650

253,842,630 26,485,155;36,3tiy.l30|
8,.'i8*,566
605,093;
367,000
92,927.245 3,605,634 1.161,9'.o0
35,464,492 1,315,233
313.360
79,541,439 10,703,271'
69,780;
27,S30,095 1,749,509
456,020
72,8^4,630 3.475,064!
316.540
571.120.1 r 48,398,981 3f ,053,750

743,S)37

723,5uO
3,178.500
86a,3»7
383.000
60,000

S USmimlnpi::
New Orlnoa..

f

84.99 1.70 J
35.73B,912
77,724.453
20,983.316

2.033,9^5

CM., oth.

I

3.i.^,9.'»x.-t32

750.677
87,896

8,072..S12

67.557.8S.7

f

I

237.445.718

53-.',512,711

MaiTUuid, oth.

UMUarUie..

1,222,916

10..t68.382

11,713.2(10
2,7ltt,700

1886.

7,

Silver [Leg.tend'rt
Treamiry'd: U. S. elf*,
of depoiU.

Silver.

12.470
1,760
20.810

600,033
255,221
286,731
5,141,955

;

64,1>5»,U13

1

Wa^hUutoo

88,473,397
33,110,956
42,844,64^

303.21)3

157.94ti,4r>0

Worth Carolina
Booth Carolina

i
7

2.5,847,208
le9.tfB3,513

10

^ Weat Virginia.
T Total DlT.No.3

a

122.5-17,784

M5.419

arti,

—

• Balttmere
Diet.

0,497,767
4,082.245
9,744,803
3,777,406

133,79ii
24)4.453

5,915,121
74,087,300
54.429,^04
13,748,576

18,041,425
9,082,211
11,818,012

223.878
232.336
259.569
39U,951

DeUware.

m
m
E

34,8.Vt,760
12..i98.350

117,893
285,576
3S,490

4U 20,3'9 8,000
23 10,180,000
281 33,02^,340

PhlladelpUa.
B" PltUMirK
Peona., other
ij
I TotAlDiT.No.2
r

165.:i.'>8.37U

4,0S2.019
6,36a,295
41,5n0,492

45 45,I.SU,U00 25,7^1.410
l,237.0o0
6
1,750,000

• Albuir

-

20.340,050
24.B7 1.820!

Gold
Treasury

8

1042(9,663

6,1&3,000'
1,327,517
1,500,553
7,6nl,000i
50,i)50.000 11,648,242
45,li>U.S0U 13,><04.010

Gold and
gold C.H.

counts. IIncl'g\
oterdra/tt.) eertifleate*. eerlijieates

Other.

$

71

49
4»

K.Haaipahlrfl.

Loam tl dit-

1,415,741

48,426,H^o| »,I47,317|2,603.340 68.6tf7.32~

AND TOTAUS.

crriE-S,

TOTALS roa RUIHTB
CITUS, Ac.

I

I

la

MilVt.

17-36

Otbw

Matt.

UXM
!»«•

U. 8. boode..

»8» is-vo
«*I7 !«•«
18-31

OvMeola

S-u

I8W
38-W
l»-»

OoM TteHorr e«rt'>.
OaU dear. IIoomoUi.
.

vara. Mitt.

JfU'l. HU't.

8-M 7»«4 «7-83 tl9-M
1oaj v-oi 4-M
10
•M

48
44

•m
48

3-12

UWt. MiV: MtCl. MlVt. MWt. MUf:
e-88 8-86 •A4-M 13-ia 33-48 10-30

4-64

B-70

1-06
1-08
1-81

86
80

88
86

81
80

86

59-44
13-09

1991W

33860

30-84

01

-38

68

-38

38-81)

3-i-84

il«4 13-88

-89

96-97
33-24
33-38

144-40

33-48
81-88
341-48
34-09

36 30

7168

4481

3'8St

48-48
34-68

1-70

1-18

1-07

•0*

IW

83

l-Il

-»

-63

»

ia-77

S-04

»»

1-18

1«»

3-88

1-88

3-18

8-80

1-W

-W

-41

-4«

81

67

71

-W

-08

l-WJ

1-88

•87

•87

-80

8-08

1-01

12
81

•88

*»•

-86

-90

1-W

-88

88

28

-8<l

•10

08

i»
la

04

a-14

1-02

07
8-40

i^n -art*
-IS

-63

15

•18

«

•II

-03

-01

-03

•1»

3^«4

9-U
t»
118

9S

-7i

148

-87

06

•18

-08

01

•OS

»M
v. 8.

11-10

17

l-ta
itfk.

a( dapoelt..

1-78

•1«

It)*

•w

1-40

-u
an

8^8«
1-04

«o

.

DasftoaU.a. Trwa..

Silt

••7

-84

84

l-«

-08

-48

-81

-88

•la

•08

•26
•12

84

•47

-47

•7i

-50

8-81

6-05

1-96

s-os

116

-74

•80

-40

I

•in-M »'il7 IH45

908

8-18

9-43

-87

!»-"«

•«!

•36

IM-0* 4daO'>l I .l-M l.14-07'.tTlW 4.1 OS

1

.104

3308
93 64

33676

-01

9-16
3-61

63-81

538'S»

a-03 liB-ll
•06
02

U-84
4-78

8'4«

31-7M

l'i^:l9 4.1-8I)

77-sattl-M 18-78

a-»8

33-08

3-50

N-IS
3-88

•08

3.i-«8

-96

1-08 4-36
4-83 19-73

184

904

30

ISO

'08

13H8

3-00

-SO

3«

9-23

-21

48

-13

3-86

4-72

-81

1-38

4-68

-44

-65

980

-«i
-86

-10

1-72

5-41

-81

3-Sfi

-46

l»-7«

7-78

93-88

-40

-88

dT'S

1 14

•w!

18
48
04

14

3'30

-88

3'42

13M-70

•04

39-89
17-28

3-66

6-65 13-96
•74
3-31
•61
1-14

•1»

-88

ai

33-12

•80

•43

8'7» 17-88 13-94

1-83

MI7

ttaelataaka....^..

1-10

16 4S

•28.

td-w i8M«

Daa lodepoiMan. >

•56

•84

-08

11-71
3-18
1-07
1-46
•-M 4-44

3W

1-21

•7^

-84

•08

3-78

•ai

140

4-01
1-88
3-88

.«3'3» 9-irl'i

-03

115 30-W 18-18
l-OB

34 68

-03

-08

03

%i

1-S4

»-7B

3185

•01

-28

•83

M-75
1»8I
816

ll-M
8-«
19-M

.ViUiaiu.

1.430-88

09

80
84

dS'lB

CafllalMoek

•arylM toad
DadlTMad pradls.„

27
08

UUWmt.

-18

-88

•80

ia-33 I34-0J 47-18 43-03

»

1-64

-26

-48

8«

TolalB..

vi't. Uimoru.
3-88
664-11

to
•«

17

HoaM esdi'i.

•80

48

WVl.

s-au

ilMraotB.

r

-70

4-ui
1-88
1-52

B'SI

l.-J-TB

•88

-04

08

-04

•03

•01

-17

•01

9-08

1«»»

I

« I'B

1,147-8(1 l,360-<)5 3,313-88

18818
63 13

34 00

3-78
61)7

1.147^ 1.366 86

1.313-«».

THE CHRONICLE.

632
Mew York

City

Banks.—The following Btatement

condition of the Associated

week ending November

Banks

of

Loant and

Ditanmt:

Manhattan Oo

11,200.000
8,902.000

....

Uerohanta'

6.«6ti,100

Meolianlos'

8,«73.00O
10.680.700

America
Pbenlz

8.031. 000

9,:eMioo

Cttty

Tradeamen's
Fnlton ......
Chemical
Merchants' Bxoh.

1.6»-7.()00

olN.y

Americ'n Exoh'ge.
..

Mercantile
Paoiflo

Bepnbllc

Chatham
Peoples'

North America...
Hanover
Irving

2,><81,2a0
1,8CI0.8DO

Oreenwloh
Leather Manners.
Seventh Ward

Commerce
Broadvav

2.497.600
1.238.H00
18.031 20O
,

6.410.700

Oallatln Mational..
Botchers' A DroT..
Mechanics' A Tr..

State

......•••...

Oltixens'

Rassan
Market

1.108.500
3,196.000
1.110.300
3.66O.40O
15,591.000
17,S«b.500
5.006.900
6,221,200
2,376,600
6,e69,noO
4,619,100
1,868,700
2,876,«00
9.417,800
2,923,000
2,369,700
2,46(1.600

Nicholas
SboeA Leather..
Bt.

Com Exchange...
Continental
Oriental
Importers'dk Irad.

OthfT
tkan V. B.

Tenden.

3.113.700
2,033.500
3,646.000
6.403,600
4.654.100
2,032.000
19.758,600

2,412.000
1.898,000
1,370.500
1,B;< 6,000
1,673,200
610.000
4,333,300
372,100
715,600
,
10,161,000
768.300
1,033,200
391,900
91,000
112,400
827,100
277,000
461,400
4.013.0J0
2,518.900
803,100
1,389.400
68V.200
1,560.300
953,200
270,700
477,800
2,«80.100
638,000
854,400
266,000
682.800
175,400
866,000
778,600

794 800
245,000

Central National..
Second National..
Ninth National...
First National....
Third National...
N. Y. Nat. Kxoh..

Bowery
N. Y.Connty
German- A merlc'n.
Chase National...

3,271,7"n

4,602.600
6,077,800
173,000
177,700
4,130.400
1.688.000
760,000
1,466,000
.4,718.500
1,067,900
; 82,800
344,600
5H1,100
414,300
904,100
747,600
280,000
112.900
3,120,100
662,300
248,000
2H8,800
837,800

l,75t;,200

taev.AknmACoI 2d wk Nov
turn.

1,926.000
1,176,600
l?,088,700
8,710,000
3,'.'1H,000
5.-23:<.(l0O

lH.8«7,'iOO

4,884.800
1,418,600
2,281,100
2.263,400
2,569,100
3,183,400
2,334,100
2,892,700
4.02U,00O
2,422.300

16,00(1

6.S.19.600
7„S79.00(I
8,96:<,700

45,000

2,828.000
11.287.600
2.213.100
1.714.400
23.611.700
3,297,700

268,000

105.800

5.U4.500

eo!<.noo

1,848,800
1,740.000

233.100

l,102.-2O0

2.800
637.000
46,000

2,506.700
1.059,900
3,803.800
14.0i9.000
11.981.300
4.633.100
6.763,600
2.811,600
6,1'61.8C0

4,891,800
2.48H.H00
3.410.200
10,375,000
2,808.000
3,101.000

2,786,500
1. 915.300
3.852.000
6.506,100
5,319,400
2,080,100
21,874. »00
3S.OSO 000
2.140.000
l.U27.«00

565.300
334,000
1,217,600
933,300
156.000
139.800

0M

\8.-0-2
9,1 2,000

5.<7,400

683,000
244.000
300.400
457.400

s.ce^.ooo
5,i<81.100
ia,26!».900

80,000

976,900
45.OOO
44,91,0

349.300
45,010

444,300
436,400

Garfield
Fifth National....
B'k of the Metrop..
West Side

Sixth National....
Total

224,700
360,0)0
45,000
44,000
45.000
273,600
200.700
224,0JC
180,000
46,0011

8.020,400

Loan$.

totals for several
L, Tendere.

Specie,

weeks

Depositee

44.5(0
180.0UO

(Tirculatior. Ago. Ctea*' j

S
8.173,200 735.600027
8.116,100 704 672.ii84
8,020,400 760,713 886

341.948,800 78,006,200 17.816,000 861,719.401
341,883,600 sO.719,700 17,9,f2,0(10 iti 846,801

The Boston and Philadelphia banks

will be

found on

p. 636.

earnings and the totals from Jan. 1 to
given below. The statement includes the gross
earnings of all railroads from which returns can be obtained.
The columns under the heading "January 1 to latest date" furnish the gross earnings from January 1 to, and including,
the period mentioned in the second column.
latest railroad

latest date are

Latetl

B0AD8.

Eamingt

Week or Hu

1886.

Bvansv. A T. U.
Pilot A P. Marn.
Fia.Ry..*Nav.Co

1885.

Nov
Nov
Nov
Nov
Nov

Pt.W.AUen City October
Geor«la Paeilic. September,
Gr. Kan. A Ind.. Oetolier ...
. .

Qraud Trunk
WkNov.l3
HulfCol. AS. Fo. 4th wk Oct
. .

wk Nov
wk Nov
wk Nov
wk Nov
wk Nov
wk Nov
Total all lines 'Jd wk Nov
Ind. Blooui.AW. 2d wk Nov

Hoim.ATex.("tent 2il
ai.Cent.(tU.A8o) 2d

Cedar K.AMlu. 2d
Dub.ASiouxC. 2d
la. Falls A S.C.I 2d
Tot. Iowa lines 2d

Ind Die ASpr. October
Jack.Tam.&K.W .September
K..C.Ft.8.AGulf. Ist
KLan. C. Sp. A M. 1st

Kan. C.

el.

LakeE. A

WkNov
wk Nov

A Sp. ipt wkNov
We.st 2d wk Nov

Lcliigli&Hud-ou October . .
L.Kk.AFt.8inith September

Lou.N.Al.AChic. 3d wk Nov
Louisv.N.O. AT. October. ..

Maine Centrjil.. September
Manhattan El
3 wka Nov
.

.

Mar. A No. Ga..
Mar.Uouffh.A O.
Mempbis ACUaa.
'Mexican Ceut'l.
'M©x.N.,aU lines

October

.

.

2d wk Nov
2d wk Nov
3d wk Nov
October

Mich. A Oliio .. October...
Mil. L.Sh.A West. 3d wK Nov

Milwaukee

A No

3d

wk Nov

ATeuu. .. September
aMobile AOUio. October. ..
Misa,

.Sash. Cli. ASt.L.
TIN.Y.C.AH.R...
H. Y. CityANo.
<!S.V.L.ErieAW.
N. Y. Pa. A O.

Oetolier

. .

October

.

St.Y.Susq.AWest
Sortolk A West
Northern Cent'l.
Northern PaciHc
Ohio A Misa
Ohio Southern..
Orejfon Imp. Co.

October

.

Jan. 1

to

1886.

Latatt Date.

1885.

1886.

9.305
33.816
408.538
6.644

257.190
25.304
156.020
101,400
8.520
22,006
101,283
3,416
13,5.'i5

41,842
21.277
5i.499
87.715
200.740
367,519
65.666
1)9,960

275,800
4,300
24,000
16,100
44,400
320.200
58.'. 48
41,266
23,707
49,749
33,560
3,528
21,150
20,607
60,415
28,300
51,420
18,219
49,540
299,545
37,702
187,219
335,289
465,503
13.900
16,549
44,575
89,550
164,874
22,698
46,101
13,981

WkNov

Oct<5ber

3d wk Nov
2d wk Nov
October...
Septemlter

Ore«. R. A N. Co.
Oreg. Slioi t Line

2d wk Nov
September

Pt^niisyivania...

October

Va.Midl'd Div. October

.

80. Car. Div. October...
Col. Gr. Div.. October...

A

West.No.C.Dlv October
IRouie W.A Oad. Sept niber

A Gd. Isl

wk Nov
wk Nov
St.L.AltonAT.H.
Branches
2d wk Nov
St. L. Ark.ATex. 2d wk Nov
3l.l.,<!feSan.Fran. 3d wk Nov
ttPaulADuluth 3d wk Nov
2d
'.'d

155,124
87.421
67,902
52,569
293,541
23,459
26,345
20,517
45,813
108,100
34.916
945,99~
70,447
85,222
134,807

Latest Dale.

1885.

21,-532

l,07'i,763

1,091,.'>28

93,556 3,611,237

3,495,862

14,004
41.638
27,038
43,793
62.069
198,252
303,413
80,679
95,027
268,291
3,565
20,640
14,7K0
38.995
307.280
47.773
34.182
4,909
50,117
26,493

b51,0(i3

290,746

437.578
242,316
2,272,063
174,660
1,953,981
168.260
5,442,977
842,379
326,199

656,712
1,862,437

1,669,949

340,391
563,697

386,752
153,038

631.717

1,681,707 1.1)01,095
14,708,081 12,967,699
l,7tSO,708 1.405.633
2,512,389 2,170,200
9,037,695 9,262,552
151, X61

819,198
.533,900

113,162r
772.856539.317-

1,501,852 1.42i,33510,512,518 10.687,888
2,226,130 2,034,246
318,193
297.696
177.333
78,516
2,088,537 2,166.217
1,265,617 1,282,748
195,645
19,674 1,105,589 1,019,022
17,019
177.286
145.772

49,797
26.215
50,114
15.629
52,250
271.610
36,362
163,201
309.309
417,282

,245,487

2d wk Nov
Phlla. AErie.... September
Paila.AReadinti September
Do C. A Iron September 1,648,815
Rlchm'd ADanv. October. ..
435,144

1 to

188fi.

463.308
296.263
2,575,897
274,883
1,959.114
176,299
5,93 ',422

3,190,301

109,868
87,616
516,825
297,13H
91,382
54,993
286,569
111,399
162,830
4,737,351
14,167
357,034
2,929,616

Jan.

8,459
27,119
341,161
5,807
246.713
24.478
133.695
126,883
9,214

13,494
32,071
221,657
213.200

l.i4.625

—

3il

1885.

13,631
11,158
78,250
126.398
20.297
31,390
12,715
135.557
9,129
30,737
253,958
191,816

Wk.Nov.l3
10,292
August
1,659,120
Angnat
.577,317
S.Y.ANewEnK. September 390,737
AN.Y.Ont.A W 3tl wk Nov
24,772

St. Jo.

Beported.

wk
2d wk
2il wk
2d wk

Peoria Dec. AEv.

RAILROAD EARNINGS.
The

2il wit

Minn'ap. ASt.L. September
Minn. ANo. West. 2d wk Nov

past:

KoT. 6 340.984,900 77,070.000 18,242,800 350,718,800

E.Tenn.V'a.AOa.

Loiiis.Ev.ASt.L. 1st wk Nov
liOUis.A Mo. Kiv Augiist
Lrfmiflv.ANiishv. 3d wk Nov

4S,C00
45.000
46.000
136,000

The following are

Danbury & Nor. September
Denv. & Kio Or. Mi wk Nov
Denv. A R. O. W. Oetolicr ...
Des. Mo. A Kt.D. 2d wk Nov
Det.Lans'KA No. 3d wk Nov

886,900
45,000

3,290.300
3,096,700
2,818,600
1.131.400
3,018,600
1,719.500
1.493,100
4.053,900
2,104,300
2,017.200
1,980,500

.,6i;4,noc
l.:i88,70C

&

Col.
Cin. Mi<l 2il wk Nov
Col. Hock.V.eiiT. October.

L.Rk.M.K ATbx September
Longlsluud
3d wk Nov

341,833,600 SO.709,700 17.P32.000 354,846,800

Qermanla
United States
Uncoln

. .

48,600

4,22t).400

121,500
335,000
144,400
73,900
115,800
94,500
430,000
410,000
31,900
168,800
113,200
141,200
2S0.900
225.000
133.800
88,600

Canton. October

. .

..

180.000
217.300
90,000

4,929,000
1,216,600
2.543.100
2.801,100
2.343.000

20.'i.000

&

Clev.Col.O.* Ind AiiKUst

Evaui-.AIud'plls 2d

2,("»4,700

ll'3.000

352.000
316.000

l7.v-61.900

3,3»S',400

Firth Avenne
German £xch'nge.

Week or Mo

Clev.

anmia-

10,406.000
8.922,000

32.1,000

172.000
631 600
442.000
390.400
87.000
374,000
185,800
99,100
488,000
176,700
853,200
92,200
213.000
120.200
101.400
40.500
210,000
633,000
876,500
283,600
3S7,600
184,400
304,800
236,100
162,900
183.500
475,000
151,900
144,800
319,800
162,900
81,000
123.000

358800

2,131.700
1,780,700

Park
North River
East River
Fourth National..

1886.

Amount of—
SUDepotiU
Ltaal
«

KewYork

Latett Earnings Reported.

KOAC3.

20, 1886:
Avtragt

BmUa.

showtt the
City for the

New York

[Vou XLUI.

9,296
,437,348

441,338
351,611
24,586
105,087
60,193
534,011
304,670
83,598
52,130
241,196
151,152
184,171

131.019
213,180
2,761,627

731,580
350,261
12,350,501
1,657,037
1,279,752
2,281,121

371,186
211,611
2,623,307
600.839
358,892
12,193.140
1,492.805
934,546
2,140,436

927.077
775,021
1.180.565 1,104,336
3.298.568 3,128,113
1,430,080 1,204,532
151,l'i6
182,791
2,079,501 1,222,450
561,679
499.275
1,087,671 1,240,299
397,421
263,388
313,255
1,519,145 1,610,289
1.957.056 1,759,712
26.820,120 19,804,7e;O
477,617
391.602
11,779.097 9.839,682
3,992,666 3.111.185
2,907,929 2,188,711
1,204,481 1,121,813
909,160
908,606
2,885,082 2,131,566
4,523,658 4,199,029
11.145,209 10,263,916
3,404,596 3,231,215
415,937
377,076
2,144,741 2,109,101

1,158,110 1,323.092
,359,171 41,603,6J1 37,590.806
6«l,6;i9
11,075
635.880
338,775 2,697,762 2.361.622
,800,388 21,921,871 21,093,191
,751.211 10,878,175 11,172,254
125,516 3,308,150 3,249,361
152,939 1,289,653 1,294,129
95,17
623,615
656,892

88,737
16,771
172,379
18,358
26.842
15.273
42,446
121.911
38,510
,001,789
51,998
76,925
131,960

481,017
440,993

542,898
392,017

1,907,250
1.013,013
1,094,417
672,775
1,4S2.565
4.236,910
1,355,588
5,901,192

1,237,; 32

946,352
1,095.608

654,317
1,028,318
3,875,617
1,210,425
5,974,681

$
AtOh.T.dcB.F.. September 1,46'J,246 1,385.585 11,052.675 11,038,536 4t.P.Min.AMan. October
August
16,858
22.070
"Bonora
178,067
197,594 Scioto Valley ... September
495,015
129,640 125,145 1,108,842 1,099,416 Shenandoah Val September
B«lt. & Potomac October...
533,333
512,737
Bnff.N.Y.& Phil. 3d wk Nov
46,800
53.300 2,311,044 2,151.470 South Carolina.. October...
916^212
909,029
Bnfr. Boch.&Pitt 3d wk Nov
28,011
27,552 1.091.746 1,108,423 !4e».Pac.Comp'y—
Bni.Ced.E.&No. 2d wk Nov
72,781
76,945 2,480,201 2,663,785
Oal.Har.AS.A. September
218,811
322,113 1,920,582 2,202,626
16,0.'i3
Cairo V. & CUc. SdwkNov
11,579
576,603
G.W.Tex. A P.. September
4,343
34,522
7,501
17,.577
CttLSouthem... let wk Nov
583,816
424.818
Lonis'a West. September
469,257
57,267
47,006
59,877
56,031
.^t.0,835
tpamden A Atl 8ep' ember
468,866
Morgan's r,AT September
335,624 372,692 2,864,523 2,790,071
OuiadlanPaclflo .Sd wk Nov
248,000 186,000 8,851,786
111,260:
N.Y.T. AMex. September
18,440
23,546
22353
Cp.P'rA-Vad.Val! October...
24,241
184,486
171,334
708,577
Tex. A N. orl. Sepiember
714,312
89,285
77,304
Catawlssi
September
132,01
119,01,0
Tot.At.SysteiniSeptember
723,771 850,191 6,114,429 6.292.090
Central Iowa... 2(1 w k Nov
36,249
31,041 1.132,814 1,116,019
Tot. Pao. Sys.. oeptember 2,233,809
013.614 17,126.325 15,802,391
3(-8,99
Cbesap. A Ohio. September
309,09
3,025.28a 2,454,923
Total of all
September 2,957,579 2, 863,805 23,240.753 22,094,479
Ellz.Lex.&B.8. September
72.519
95,802
676.151
509.509 Statenlel'dRTr October .
583,219
56.712
704,6291
54,882
dies. O. &. a. W. September
160,944
138,892 1,186.030 1,108,916 Texas A Pacillo, October
612,790 692.187 4,569,0411 4,260,785
Ohloaeo & Alton 2d wk Nov
lt'4.933
182,388 6.897,520 6,909.083 I'oLA.A.AN.M. October
33,919
28.603
Chlo. & Atlantic 3d wk Nov
26,969 1,421,899 1,182,157 T0I.& Ohio Cent. 3d wk Nov
33,564
19.482
712,290,
5,594
Ohio. Burl. & Q. September 2,724.588 2,640.035 19.326,863 19.050,141 Unum Paoifc... September 2,517,793 460,920 19,153.669 18,272,613
Obio. & £aat. lU. 2d wk Nov
40.984
40,218 1.516.614 1,425,789 Valley of Ohio.. October...
47,513
501,868
57,721
Ohio. Mil. &8t.P. 3d wk Nov
517.00(
634,479 21.73^', 876 21,314.460 Wal). 8t. L. A P. 3d wk Nov
216,000; 279,000 11,333,791 10,506.289
C*io. A Northw. 3d wk Nov
495,500 567,500 22,436,llt 21,737,720 [West Jersey... September
133,726! 125.123 1.077,111 1,013,062
Chic. <fcO. EUv.. 3 wks Sept
4,957
5,641
Wlsnonaln Ceut'l 20 wk Nov
31,965!
30,387 1,306,125 1,267.361
Ch.Bt.P.Mln.&O. 3d wk Nov
132,500 144,700 5,391.505 5,194,212
15 -',670
6,694)
239,317
5,209
Min. St.C.A W. 2d wk Nov
Ohio. & W. Mich. 3d wk Niiv
25,546
28,7H 1,255,782 l,15s,309
132,227
Minn.. 2d wk Nov
265,122
11,088
3,188
Wis. A
Oln. & Eastern
September
19,846
14,704
5>i,!*96
Cln. Ham. & D. 2d wk Nov
59,545
a For purposes of comparison, St. Louis A Cairo, now operated by
01n.Ind.8t.L.&C '3d wkNov
45.800 2,292.017 2,106.883 the Mobile A Ohio, is included in both years from and after the 1st ot
47,500
Cin. J. & Maclr.. October
1<'.41«
12,647
149,42:
106,183 July.
Cln. N. O. &T.P, 2d wk Nov
61.002
58.094 2.437.b86 2,282.390
j> Figures of earnings for last year have been adjusted ao as to make
Ala. Qt. South 2d wk Nov
£§,551
2l.4>5 1,011,647
9U3.H27 basis of comparison tie same as this year.
N. Orl. & N. E 2d wk Nov
5>i8„57
17.251
15,946
5:W.j78
Tlcksl). & Mer 2d wk Nov
c Not including earn ngs of New York Pennsylvania & Oliio.
14,93(
15,227
425,104
377,347
Vlcis. Sh. &P 2d wk Nov
13,35f12.944
408.190
345.614
V Including West Shoie in 1886.
0,1 wi, Vol
49 (lO-J
32 noo' 1 730. i^K 1 4«3 72
t Including tiuce April, in 1886, the Utlca A Blitok Blver Bond.
* Mcjuian oarteLcy.
JAndbrtmches.
t And branches.
.

.

.

. .
.

.

.

1

NOTUIBBK

THE CHRONICLE

27, 1868.

({notations In Boston, Philadelphia

638

%nv&$tmtnt

and Baltimore.

.iND

BM.

SKOUBITIXS.

Aak-I

BOSTON.
toh.* T0Mk>-lat.T*-

12411

taaAimai, 7»
OUTBatMd, 7*.

sot::-.**!!

•:-•." 109

I«^

•3

cna*.?*

89

* Na-t*.
* WMl'n- Sa.

103

Mfra. If >M.-6a. Bsw.. 128 il-i»<t
ixa
B.*Mo.V.-4a..
K. C rort 8«Mt * G.—7i
X. Oltr Lavr. A 8o.-««.. iiayK. Cltr t<i. Jo. * C. B.—T«
K. 0I» np-d * Umn.-U i'lo" 110>a
'
103
K.C. CiiDt * Springt.

TmLSk

liie

lis

in*, a*.

Hasina 0«tnl-4<

V

53

I
I

1U6
lUO

68

»7
16\l

ortp
Debantoro.

7S
)12»
117

lOa.^

If.lfax.* 8a.Pae.— 7s

H.

80
118
110

Ms, 6a,
Oaaaab.* I..Oh.-<s..
OoMolMMad 8a

*

Ark.

-.-

127Vta8

T.* IC. Knclaad— 7s.

W.—aen.,6<

«3

VaL—7s..

,12«

1st 6s....-

lOOS
97

96

IbOtt

11/0

Hoatkora Kansas Bs

86

84

IIU

Cons., 6 p.

Kaat

PauL- 1 at, 7s,

t»

« Topaka

1888 105

BLAWm8p-t-lst,68,1910 120
107 112
68, perpetoal
Harrisb'g— lst,68, 1883..
106
B: AB.T.— Ist. 7s,«.. 1890 iVds
101
102
Can8.6s,189S
l8t,cld.,7>

Lsli.V.— lst,6s,C.AR.,'9H iie"
I40>a
8d,7s,ro«.,1910.
139
Cons. 6s, C.A R., 1923..
N. O. Pao.— 1st, 6s, 1980.
126
No. Psnn.— 3d, 7s, op. '96.
134
Oon., 7s, 1903
DobantnreSs, reg
Norfolk A West.—Oen.,6« Ill's ..
N. R. DlT., 1st. 68.1832 ilU»>i
N. Y.PhU.* Sor.-lst, 6s 110'4 1H
Inc., 6s, 1933
Oil Crook- Ist, 68. oonp..

PannsylT.—Oen., 6s,
Oon., as, op., 1910

rog.

108

68
33
7<«|

W

gSiii'illirit'BiiVar" .III

"""io»

VMakMn

WtSMt4 Fi
lA 'afa

...

..|.._^.„

Soak. Haa. A
9d, 6s, 1938

W.— 1st, 5s

PiWanad
Kaa. O. BHiad. A Maat.
UMIa BaS Art. aatik.

miaaOsatwl— ..»....
IteJ^HMCkfa A Oalaa.

•8

M

J

to
146
I 38

I4»

38%
107
13

•

Mailiaa niainl

H.T.AHawKaclaad...

a

My

I «•
il46

147
189

IlarwlaliA

Chaaplala
AL.a

OBOilwar

'w'
186

llBl

rMliaalisiii

116

raUs A OsaT.
I

•aaialtBTaaeh
Wlaaaaila Osainl

34

86 >»
......

18
I

38

Wanaaiar Kaab*aA Uoeh itS6

13

10lVl02's

laa
35
126

108
'i8a'

HH

100
188

99
3J
116

106

dA^AL BONDS.

A DaL-lst. 60,1886 95 100
Lahlgk NaT.—4KS, 1914. llOS.
Most. KB., rag.. 1887 .. 118
132 'a
Oona.. 7s, rag., 1911 .... 138
90
93
PaansrlT.-Oa, en., 1910..
9s >s
NaT.-lst,6s,rg.
Boboyfk.
70
^MUaa. rac.. 1907
Chaa.

MAL.TIMOKB.

PHIUaOBLPaiA.

BAlLBOAO STOCKS.)
BaK. B.T. A PUl.,ass.pd.

:::::\lt

A Pae.-lst. 6a.l906 108
OaBaal-6a. 1906.... ..
Oalaa A Tltosr.-lst, 7s. 84
Caltad K. J.—Cons.Os.'M
Oaas. Sa, cold. 1901....
Oaaa.«a.gold, 1908....
108
eaa..4a, raid. 1983.
Warrsa A F.-Ist, 7s._'96 104
Wast CT<aator-CoBs. 7s.. 111
W.JsraaT-lst,6s,cp.,'96 116
184
1st, 7s, 1899
„
Ooaa. 4a, 1909....
V*Atl.-lst,6«,0. ioT'
WJaraaji
oonp. 106
Waataral
111
6a, P. B.. 1896
ts,raa.,I983
iioL.

Kaa. O. CUB. A HprlsfFd
Kaa. Cltr Pt. 8. A OuU ..

Parts. Ot.

A B—

ShamoklnV. A Potta.—7a
raabBiT A Krl»—1st. 7s.

34S Slub.ALewlBt'D 7s.C,.'96
99 > lOj
»rT.Usa.A Com.— 1st, 7s

lawB raUa A Hlou Cl»

Oiiiask

Ooor. 7s, ep.off. Jan..'8t
Dafenad Incomes, cp...
BalL—4s,tr.el
Phil.
Pttta. ClB. A8t.L.-7a..
7s,op.
Pitta. Titos.

)I8

Marqoatta.

PnMmv •••••••••••••••
~

}
118
Imp., 8s, g., oonp., 1897 104 ,106
Oaa., 6a, g., ooap., 1908 \^^^"^'*
Oen., 7a, oonp.. 1908. ...
621)
mooma, 7s, oonp., 1896
CanT. AdjrBcrip, '86-89
.e.,1983
Cana.68ristser„e.
Ooaa. 6a; *d sar.,o., 1933
Oalieatara coup.. 18931
OoBT., 7s, R. C, 1898. .«

WU.A

OaLBfiiiBcf.ACta....

Ooaa. A Paasamnte ..
i)ai.laaata« A Re., praL

....

100

Oons..6s,g.,rB.C.19n

3<l««

'

7

t

I

'

3d, 7s, oonp.A rec.,1893
OoDS.,7s, rag., 1911 .... »i27^'"»:'
126
Cons., 7s, oonp., 1911..

toil
Caatnl ut Maaaacboaetu "lO's 16

A Bast'D IlllDots...
cue. Burl. A North'n....
CaUa. A Waal Mloblgaa..
Olaa. aaadaakr A i/laTa.
OtonlSBd A Caataa

107

134
132

PhlLA B.— Ist,88,l910..

19»>4
A Albaa/
IM
A UtwsU.
A Malay
A Viuildanaa....
Caa. A M.. prat..
•vara B. A I^aa 143

Oblc.

133
131

Cons., 6a, rag., 1906.... ili>3
Cons., 6s, oonp., 1905...
Oona, 6a, roc., 1919....
Pa.AlJ. Y.C.-7S, 1896.
118
7,1906

Oona., 6s, 1930
iii'iiia'
Cona.. ts, 1020
PhUa. Newt. A N.T.— 1st

97

BAILB'O STOCKS.) Par
10 's

A

A

60
50

Pref
)7aatam Marrlaad ... .60

BAILBOAD BONDS.
AtlaaWAOharl.— 1st....
""a

iM^MmSda'.'.'.'.'.'.'.

aUsr.

63

76

Ina.

1st lno.,5s, 1931
OaliunblaA Uraenr.- 1st*
3ds
No. Central—4 >as, J . A J
•s,1900, A.AO
6s,fold.l900,J.AJ....

A Homatawa » 1' "s
Pklla. llairtawa A M.T.
aoH

PMht. uir.

PM^ABsadhia

PMIa. WIte.Alalk....
Uallad H. J. OaBpaalaa.

Wast Janar
Waa* Jaraar A

AUaatte..

OANAL STOOKS.
Umgh NaTlcaOoa---—
Bifcafllilll HaT.,pral...
KAILROAD BOIfOa.

ais
69
48

ea,B«iaaA

40
49

6s, Sartsa B
Ptttab.ACon'ells.-7sJAJ

Ml miilMil

)

Par skaia. tin dotaalt. <Uwt price thia week.

centration in this year's operations of the large amount of
charges of an extraordinary character, and the under-estimate
made for the earnings of three months succeeding the declaration of the dividend. The deficit of last year was then explained to have occurred through the inaccuracy of estimating
the final result of the year's work three months prior to the
close of the fiscal year, the last semi-annual dividend being
declarable in June and the fiscal year closing Aug. 31," * *
" The gauge of the track from Savannah to Atlanta was
changed from five feet to four feet nine iuches on Tuesday,
June let, and a like change made in all the other lines during
the few days preceding and following that date. Half the engines and cars were changed during the two months preced•'
»
»
xhe cost
ing, and the remainder since that time."
of this work, so far as it could be eliminated from operating
expenses, was |318,U00. As indicated in the last report, it is
proposed to distribute the liquidation of this account over
several years, and with this policy in view, $54,500 is charged
off, as shown in the statement of disbursements."

The Georgia R;iiIroad lease was a charge on this company
Gurfor the year closing March 31 of $44,814. The Mobile
ard Railroad was leased for a i eriod ot ninety-nine years from
the first of June. The leading conditions are that this company is to pay the interest on its bonded debt, now amounting
to $1,080,000, and permit no increase of the same, and $1 50
per share upon its capital stock. The capital stock consists of
12,683 shares, of a par value of $100 per sh^re, of which the
Cent, Ga. owns 4,538 shares. "As the road has been operated
for many years past in friendly co-operation with this com-

&

pany, which was already an endorser upon its bonds, the
*
*
change is to a certain extent nominal."
" It was deemed advisable by the Board to render financial
assistance to parties constructing r^ads in upper South Carolina, reaching Spartanburg, Greenville and Anderson, and connecting with the Augusta & Knoxville RB." * * "The money
required to render this aid was partly secured by the sale of
some of the securities held in the treasury, and noc needed for
the control of other property, and partly by temporary loans.
Arrangements have been etiected to continue the indebtedness
thus contracted, in its present shape, till it can be funded in the
securities of the new companies, which will be coneummated
at no distant day."
The earnings and expenses, and the income account, for two
years were as follows
:

Centml BsUroad—
SaTunnah DtvlRlon
8outbwe8t Divlnlun
Columbus it WeiiWni

33

34
lia>a

98
109
iii'i'a

181

i8i>i

110
liO

«

$

Hrl Earni^gt

—

1884-86.

1885-86.

A Kufaula.

Bank A Invest's

»«- ings

1.806,563

677,'?44

867,(166

544,H29
947,2J5
173,442
299,161
24,544

...

Netlnoome. as above

&82,8«'9

121,213
197,185
53,987

199,751
244,488

141,'J54

116,803
4,718

140,058

55,667

97A,719
173,207
299,690
23,276

DUburtmentt—

Totol

Balance

378,908
120.783

.'S2,128

442,1.'^9

36,221

$143,958
566,220
276,000
1 15,000

$444,204
566,220
27H,000
115,000
(5%)374,945

<4M)''!99,956

..$1,776,369

$1,913,842

Dff $7B,577

Interest on bonas
iDterett on (rertUlcates ot hidebtednesa
Siiiklog rand pat meuts

Dlvldeuda
Other pajrmeLts

9,23 <

3,911,.507 3.9;6,»91 1,699,792 1,994,934
mOOMK ACCOl'KT,
1895-86.
1884-85.
$1,994,934
91,699,792

Beutals

Bur.$'tl,092

•212,7€8

Inrlndlnff ohanfe of Rauge, jiidinneiit for State laxeo, iieHo1encr of
year's net earnings to
Georirla R. R to meet rental, aud d. flclcncy in
iu> et dlvideudi*.
•

Um

12(ls

120
113

.

188^-86.

1,782.248

Atlunt:( l)ivl»i(in

T.itj»J

183 >s 124 <«
104

— aroi» Eamiiig$
1881-89.

18>s

Calon BR.— lst,rna-IAJ 115
Canton endorsed.
«l»s 49', Virginia A Tenn.—6s
8
8a
W. lid.^s,"l sY g.V jVa J'.

3d, rref., J. A J
AUacb. Val.-7 3-lOa, t« 171
113
ad, i,nar. br W.C0.4.AJ.
TOt. aat., 1910
V8
83
6s, Sd, gnar., J. A J
lae. 7s, sod., ooaa., 91
110 >t Wllm. C. A Aug.—6e
-.-Jarts. 113
Bait AO.K. m(<1o-C<
Wll. A WaMoo— 6s. ..„..
BalvM'a Dal.- lst,«a.l9M 119
7.
101 •« 108
34.6a.ltW7
>

and

-

Cent.B.R.

loft's
Baltlmora A Ohio—4s ....
107
»«1l Can. Ohio.—6s, lst,M.A8. 108
Chart Col. A Ang.— 1st.. 115
61
111
8d
63
64
Ctn. Waah. A Bait.— lata. 103 *• lu3<i
88
83
ads
79
47
Sds
79

67

P—as/J raals

of the Stocks

'

7
Si's
64

36

MhMMU A Sak. HaTaa.,

and

ANNUAL REPORTS.

Eofama A O' syton
Ooran Steamslilp Co

136
180

Ist prat.

39
163

Cities

Central Ballroad & Banking Company of Georgia.
(For the year ending August 31, 1886.)
The annual report, just published, remarks upon the opera*
tions of the late fiscal year that, "comparing the results with"'
those attained the year preceding, a gain of $295,150 in the
net income over operating expenses is shown to have been
made. This increase would have warranted, and a larger dividend would have been declared, but for the unavoi<feble con-

Montgomeiy

Obarlotta.
Atlanta
11
Ohio ...100 166
I«>S BalltnioTa

fdpraf
»7\ Parkarabnrg Br
Oaatral Oblo-Cooi
67

and

and December, and is furnished without extra charge to all regular subscribers of the
Chronicle, Extra copies are sold to subscribers of the
Ohbonicle at 50 cents eac h, and to others it 11 per copy.

103

BastaiAAmb'7—6s, 1930 114

itbacaAAUi

of States

April, June, August, October

128 Hi

AC. M.-l«t. 68.191*

Oonneef s «8,qp.,1900.OI 125
DeL 4t Boond Br.— lBt,7e

93' 103S PerUomon— I st,es,op.'87
93 >a PhlLAKHe— l8t,78,op.'88
60

m-OCKSi

Funded Debt

Catawlaaa— l8t, 7b, oon. o.

,

109

The Investobs' SupPLEaiEtrr contaim a complete exhibit of
the

Bonds of Railroads and other Companies. It is published
of» the last Saturday of every other month^viz., February,

V Now 78. reg. A oonp.

70

Mar. H. * Oat.— 1808, (•,

112

84,78, 1908
Oona. 68.1931
I»t.TT.6«, 1938

lOOSi 100', Col.

-.*Tt.%.-7».
LtMUB

110

N.r.* Phil.—l8t,6«

2d,68,190i
e6>!i

Ooaa. VwBDiit, 5*....
Ckla. Bari.
CkM. K. O.

Buff.

Bnff.P!tt«.<t

CaUttn3a8^-<«

Ask

Cam. A AmboT—6s, o.,'89 lOSHi 107>s
lOft^ IDS']
Hon., 68, 1M9
Cam. * AU.— l8(,78,g.,'93 115 120

110

teaan^asaByt

Bid.

l«t,a«,l90S...
Oon., 6s, 1913

MV

S«
l(<»t«a««,6a
PijftlD.

8E0URITIB8.
BaU's Osp— l(t,7«. 1893.

GENERAL INVESTMENT NEWS.
Atchison Topeka
103
103
103

& Santa Fe.— At

Boston, in the United

Statts Circuit, Court, this week, Judge Brewer pre-idinif, the
applicai ion ot C. H. Venne r for a restraining order to prevent

itie Atchison Topeka & Santa Fe Railroad Cumpaiiy from
extending its line to Chicag'S and »lso to enj'tm it from
guarante-ing the bonds oC the Atlantic & Paciho Company,

was

refused.

THE CHRONICLE.

634

(Vou xun.

Baffalo New York & Philadelphia.— At Bufifalo, in the State of Michigan amounted to 1,830,000 acres situated in the
Bupreme Court, before Justice Corlett, the bondholders of the counties of Chippewa, Mackinac, Marquette and Schoolcraft.
Builalo New York & Philadelphia Railway Company are hav- The land grant mortgage covers these land-i subject to an
appropriate one half the net proceeds of
kig a contest which attacks the reorganizition scheme. The agreement to
proposition to foreclose a first mortgage of $3,000,000 on the 400,000 acres, which shall first be sold to secure the payment
main line between Buffalo and Emporium is being fought by of interest ou the first mortgage bonds, and the other half of
a faction. They say that this part of the system is paying, such proceeds to be used in payment of expenses in the care
that they do not want their money, preferring the 6 per cent and sale of all the lands. There was a further reservation of
20,000 acres, the proceeds from which were to be paid to the
Becurity.
FoUcwing is a statement of the gross and net earnings Detroit & Marquette Construction Co, In March, 1886, the
company stated there had been soli and applied for 43,028
of this road as specially obtained by the Chronicle
acres, and tlie total receipts to January 1, 1886, were $389,233,
October
188.^.
1886.
of which $264,283 was from sales of timber. Out of these
$210,662 receipts $93,400 was paid for interest on first mortgage bonds.
OronaeamiaKS
$227,384
177,999
Operating expenses
1!)0,492
Only 35 per cent of proceeds are applicable to payment of

—

:

•

,

$62,663 interest, and the residue goes to constitute a sinking fund for
Net eaniiiiKS
$36,832
Buffalo Rochester & Plttsbnrg.—The annual meeting the purchase of the bonds.
* Eastern (Mass.)- The amount of certificates of indebtedness
The only
was held this week, and directors elected.
change in the Board is the substitution of Mr. Henry I. Barbey deposited for exchange into preferred stock was considerably in
tor Mr. F. O. French, of the old.board. The annual report shows excess of the required sum of $3,150,000 [$4,1 1 1,000], but Michael
gross earnings of $1,393,013; operating expenses, |966,966; M. Cunniff and others, holders of common stock in the Eastern
net earnings, 426,046; interest, rent, and taxes, $443,924; de- Railroad, have filed a bill in equity for an injunction to resThere is shown a balance of cash and cash train the Eastern Railroad Company from issuing $3,150,000
ficit, $17,877.
assets over accrued interest, current liabilities and matured of preferred stock in exchange for certificates of indebtedness
obligations amounting to $372,000. These figures embrace the as proposed. It is claimed by the complainants that the exentire system in New York and Pennsylvania.
change would be illegal and void.
Central Iowa.—The New York Tribune says: "The directEast Tennessee Tirginla & Georgia.— At a meeting of
ors of the Central Iowa Railway Company are discussing plans
the first preferred stockholders of the East Tennessee Virginia
for a friendly reorganization of the company, which has no & Georgia Railroad Company, held at Knoxville, Tenn.,
money in its treasury to pay the December interest on its authority was granted the officers to issue the $1,500,000 new
bonded debt. Mr. A. B. Stickney, its new President, has rnade a 5 per cent loonds remaining pn their treasury, and apply the
thorough examination of its affairs, and has communicated proceeds to betterments.
the results to the directors in a long and careful report. He
Grand Rapids & Indiana.—The following is a statement of
estimates the cost of putting the property into good condition
road as specially obtained
^as good as that of other roads in Iowa at about $2,000,000. the gross and net earnings of this
He recommends that the property should be placed at once in by the CHRONICLE.
Jan. 1 to Get. 31.
October.
1885.
the hands of a receiver, and the company should then
1b86.
1885.
1880.
"

—

.

,

enter upon the work of reorganizing the company on
the basis of bringing its fixed charges within its probable
net
income.
The plan which President Stickney suggests involves the reduction of interest on
the bonaed debt to 5 or 4 per cent, and the issuing of
preferred stock for that part of the debt which cannot be paid without bringing the fixed charges above the estimated income. It limits the new bond issue to $8,250,000, of
which $2,000,000 shall be devoted to the betterment of the
road, and the remainder to the exchange for the outstanding
bonds on an equitable basis. This adjustment, it is estimated,
would require the issue of $4,700,000 preferred stock, which is
to be entitled to 5 per cent dividends. The $3,000,000 bonds
intended for improvements, it is proposed to offer to stockholders at par, and to those who accept the offer common
Btock will be given for their present holdings. The reorganized company, if this plan is adopted, will have

—

,

12.'i,893

130,522

$1,681,707
1,094,612

$74,847

$67,730

$587,095

$200,740

GrosseamlnKS
Operating expenses....

Net earnings

$19-1.252

$1,604,095
1,128,221

$475,874

&

yVeatern.—Kier nan's circular
Representatives of the Indiana Bloomington &
says
Western fay that upwards of $2,500,000 of bonds have given
their assent to the plan of reorganization proposed, and that

Indiana Bloomlngton
:

its

'

'

success

is

practically assured."

Kentucky Central.— At

Louisville,

November

Judge

24,

Court gave the receiver leave to pay about
$120,000 and interest on the bonded debt of the Maysville &
Lexington Railroad, owned and operated by the Kentucky
The order was made with the promise that the
Central.
Louisville & Nashville's claim of a lien of $80,000 on the rolUng
stock should not suffer.
Lake Erie & Western,—At a meeting of Ihe directors a
A. M, White and
Bondcflrteht
$3,250,000 committee consisting of E. H, R, Lyman,
Preferred Bt >ek
4,750,C0'> M. P. Butler was appointed to co-operate with the stockComiuou stock
10,0)o,000 holders in their attempt to raise a second assessment of $6 a
Fixed charges, if at 4 percent
330,000
..
A resolution was passed for the issue of
stock.
" The Board of Directors has yet taken no action in regard share on the indebtedness for the a sessment, convertible into
certificates of
to the proposed plan."
preferred stock, which will also be issued for the first assessChicago Kansas & Western.— At Keokuk, Iowa, Nov. 21, ment already paid. Later in the day an informal meeting of
articles of incorporation of the Chicago Kansas & Western Rail- stockholders was held, at which it was requei^ted that John B.
way were filed with the County Recorder. The capital stock is Rutherford and E, H. Watson be added to the reconstruction
$31,500,000, divided into shares of $100 each. The line will be committee to represent the stockholders.
constructed from a point on the Mississippi River, in Lee
Lake Shore & Michigan Southern.— The official statement
County, Iowa, in a southwestern direction through Missouri to for the quarter ending with Sept, 30 shows as follows
1895.
Kansas City. The incorporators are George R. Peck, E.Wilde,
1&86.
$3,677,381
C. W. Smith, George W. McCrary and A. S. Johnson, This is Gross earnings
^'?o^'S£J'
2.337,128
.i.ObU.oei
supposed to be the proposed Atchison Topeka & Santa Fe Expenses and taxes
Barr of the U.

S.

:

liniB.

Dayton Division Toledo Delphos & Burlington.—The
Boston Herald says: A syndicate of gentlemen — J. H. Maugham of London, J. O. Arnold of Dayton, and G. C. Wattles of
New York — has an option on tlie Dayton Division of the

Leaves
Interest, rentals,

Balance

"^^S'lt?
S4a,ssi

&o
-

$1,310,233
957,023

$785,789

$3e3,207

Lehigh Coal & Navigation.—The reduction of this comToledo Delphos & Burlington railroad, agreeing to purchase pany's dividend from 2>^ per cent to 2 per cent semi-annually
the property for $350,000 by Jan. 1, 1887, or surrender $50,000 was not generally expected. The reason for the reduction is
put up as forfeit in tlie hands of the bondholders' committee. the low price for coal this year, which has lessened the earnThis railroad is 95 miles long, and runs from Dayton to Del- ings, and it is against the policy of the company to pay
phos, O. It was of the Toledo Cincinnati & St. Louis system, dividends not fully earned.
and has been operated by trustees for the bondholders since
Mobile & Northwestern.—At Oxford, Miss, in the U. 8.
July, 1824. The parties having the option have not made one
Northwestern
Court, a foreclosure suit against the Mobile &
or two payments due for other reasons or because there is
Company, of which Colonel T. A. Lyons is President,
some question whether the trustees, under the authority given Railroad begun. It is a line of railroad fifty miles in length,
boen
them in the agreement of April, 1884, could give a clear title has
extending from Helena, Ark., southwest toward Mobile.
to the property. The trustees have accordingly sent a circular
Mobile & Ohio.— In the report of this company as published
to holders of International Trust Company certificates of deChrokicle an error occurred in the figures for
posit for bonds of the Dayton division to obtain a more com- in last week's
The item "other receipts, $10,402," in the income
1885-86
plete and certain form of sale.
the acaccennt should have been given on the other side of
Denver & Rio Grande Western.- The gross and net earn- count as expenses. With this correction the surplus for the
ings for September, and from July 1 to Sept. 30, have been as
report
vear was $6,686, instead of $27,490, as printed. The
follows
includes $1,023
states the surplus as $7,709, but that amount
^
Se]>t.
Jvly 1 to Sept. 30.
balance from previous year.
188'!.
1886.
1885.
.

—

,

1885.

Mississippi & Tennessee.—The coupons due Oct. 1, 1886,
on the consolidated mortgage bonds, series A, will be paid by
Wall Street.
Net earnings.
$ai,ll7
$16,570
$83,951
$102,489 Messrs. E. H. Harriman & Co., No. 17
Orleans & Gulf.— Messrs. Satterthwaite & Co. in LonDetroit Mackinac & Marquette. In the proposed reorganNew
ization of this road as part of the Duluth South Shore & don have issued a prospectus for a loan of $800,000 first conAtlantic, the old land grant bondholders receive 35 per cent solidated mortgage forty-year six per cent gold bonds of this
of common stock in the new company, and also retain their company, being part of an authorized issue of $1,000,000.
lien upon the land.
The original grant of lands from the With respect to $300,000 of these bonds, the operation is a

Gross earnings
Operating expenses..

$104,953
59,439
5^,383

$HO,'>56

—

$27il,724

195,773

$281,564
182,075

2TOVUBBR

THE CHRONICLE.

37, 18ae.J

fondling proposal made to English holders of a like amount of
ezistiog divisional eeven per cent bonds falling due in 16
yeara. The remaining $300, 000 of the issue is open to public
ubecription. The line of the road is from New Orleans south
alon^ tba MiMssippi River to Point-a-la-Hache. with a branch,
making 68>{ miles in all, of which 30 miles were operated in
1835.

New York t New ED^Und-New York Danbnry & Boston.-

A Boston ^pecial to Lock wood &Croe8man says:

"The contract
for building the connecting line between Oanbury and New
York, connecting the New York
New England with New
York has bten awarded to Heman Clark
Co., and the papers
hftTe be«n signed. Work will be begun at once and the contnot calls for the completion by May 1, eo that through trains

&

&

may

be running by June 1.
The Boston Herald also says " The public can rest assured
that there is a lasin for the reports to the effect that the coDtract
for extendirg the Danbury road to a connection with the
Second Avenue Elevated Railroad in New York has been given
out, and that the subscription list to the line is full."
:

Norfolk * WMtern.— The Treasurer of the Norfolk
Western road gives notice that he will poichaseon presentation
$100,000 first preferred 8 per cent and $93,000 second preferred
per cent consolidated mortgage bonds of the Soutluide railroad, maturing Jan. 1, 1887, together with the six months'
interest o upons thereon.

&

Mortkern Central.— Followmg are the earnings and expenses for October and for ten months ended Oct. 31 :
October.

.

.

HstMimtaci

^lOm.eiuttd

188V

18»6.

_

Chvsi samlog*
•JIO.834
OpscatlDK ex|>«aaM.... 325,»dO

31
ISii.

Oct.

1886.

,

$33«.010 «L523,658 «l,«9s<,628
28»,884
3,953,139
2,ti93,&u2
9214.126 fl,570,518 91,806,123

•190,8<t«

NaTlgation.— A meeting of the lease
committt ee of the Northern Pticific Railroad and the Oregon
RaUway & Navigation compai.ies was held this week at the
oUcitation of the Northern Pacific committee. The Tribune
reports that the conference was without positive results. The
Northern PaciQo committee wished to know how that coinMay oould be admitted to a participation in the lease to the
Uiuoa Pacitic RaUway, and the Oregon committee replied r>y
demanding whether the company wmild juin in the lease if it
ooold be admitte<4. Further consideration of the subject was
poatponed until the position of the Union Pacific Riiilway

OrcfOB Railway

ft

tfrtfCB Short Line.— The gross and net earnings for
September, and from Jan. 1 to Sept. 80, have been as follows:
Sepkmbtr.

.

.

1883.

1866.
«m^,>i:i0

OrMi

m»H cam

—

.

Jan.

1 (o Sept, 30.

1886.

atdtaxn US.TttS

117,931

9-i7,0eS

966,228

99M.3S1

ll«L

9t«l't,17<l

FMUiylTaaU Railroad.—The

gross

—

ISS.*).

91,456,110
1,061,778

91,3^3.092

911».S7d

9U3,5U

and net earnings

in

In OctoOctober are compiled for the Cuko.viclb below.
ber, U88, there was an increase of $378,177 in gross earnings
and a deoteaae of $76,0(3 in net, compared with October, '85.
Sinoe Jan. 1 rtom earnings show an ucreaae of $4,006,829 and
art an increase of $1,674,797, compared with the earoe period
in 1865. On the lines west of Pitt^-burg & Erie the net ra'-ult,
after payment of all chargts, »hons a gain of 1128,916 in
October, 1886, compared with October, 1889. Since Jan.
1 the net result i-how« a gain of $1,111,618 compared with the
lame period of 18t&

uxas BAST or nTTSscao akd
art>$t

.

Kaminai.

1896.

,

.

Irti45.

sbib.
Xtt Kamina:
18H6.
ISH.'S.

Jaa.l to JnoeSO. 923,250.16*

921,319.S93

July

4,3S6.a77

3.(«.'<,!0^

I..'»fi0,«i2*

aacoM

4,Ma.9B0

3.96e3(>6

1,90-<.04.'»

avpUinlMr
Ootobrr

4,674.032
J,737.3S1

4.'^76.ei28

],SI8..'^33

\,'9iM^\

4 339,174

1,862,748

l,n3.-,>-13

97,' 09.624 96.niB.ri.%9

l.lCO.niO
1.K4901.!

9U.834,380 913,139,784
URBS WBST or rrmiBOHO a crib.
pvymtnt of eharget.
K*t mrptHt or dffleU after

TMall0luODtiu9n,6<'3,C3t

9i7,Vje,80e

188A.

1886.

Jon.

1

to Jnae3l>.

JolT

AaCHt

9spU»bsr
Ovlsbar

D<-r. 96511,198
Bar. 236.321
69.671
Hot.
»i2.423
Bur.
Bur. 236,813

*4.»il

Total 10 montlM. Def.

Uijir.

9987.040
87,108
130,061
90.326
127,926

Oef.
Def.
!>«{.

l>eC

Bur.

in 1886.

Usiii.

9338.892

Oalo.
Gain.
Oain.
Uain.

1»»,7J2
172.619

273,4'.ifl

128.9U

Qaln. 91.111.618

Def 91 .1 16,9:9
.

PeaatTlraala— Baltimore A Ohio.— Nothing definite has
yet transpired as to the rumored agreement between these
two eompsatee. but current reports favor the belief of a joint
seof tns Stateo Island temiinaU for freight purposes and
a like joint use of the Pennsylvania line to New York for passengers.

Fearla Deeatnr

*

ETanirllle.— Following

is

a statement of

the gross and r et earnings of this road as specially obtained
bj t£e CBSomcLX
.

Btpltmtm:
1886.

9W,j81

OroMeamlom

1885.

^-Jan. 1
1836.

to Sep'.

1885.

979,196
3«.7l7

9^t>l,»«!'

29H.03 3

•;«3.^"1
299.475

9J4.il2

ranilnss

9(0.430

9293.936

92»2,98«

Pkiiadelphla* Reading.— There are many rumors
aftjat oonc^rning the

**—n of mf< rmation

30.-

3e,0«9

oIi!r»UD(?6MH>n»«>S

KM

At a meetias of the receivers of the PhiladelpUla & Reading Rail
Company lieM to-iUy It waa iletenuiiied tUat. as there is no luouer
hand applicable to the payment of Interest on the consolidated bonoa
due on Dec. 1 prox., the same will not be paid."
•'

road
In

—The

Amendment Committee of

Post of Friday says: "The

the Reading Board of Reconstruction Trustees met at Mr.

Wanamaker's

John

morning, and finally approved the
reorganization plan as drawn up. All were present except Mr,
Alfred Sully, who, it is declared, is in accord with the spirit
of the plan. The full board is in session this afternoon. It ia
thought that the plan will be approved without dissent, and
that Sir. Sully will be chosen to succeed Mr. Henry Lewis in
office

this

the voting trust."

Richmond & West Point Terminal— Richmond & Dan-

— After the purchase of more than a controlling interest

ville.
in the

Richmond

&

Danville stock, the old board of directors
resigned, and on Saturday, Nov,
20, the following-named gentlemen were elected as directors,
viz. Alfred Sully, Emanuel Lehman, Isaac L. Rice, Thomaa
M. Logan, George F. Stone and J. A. Rutherford. The new
Board organized by electing Alfred Sully president and T. M.
Logan vice-president. The Richmond
Danville stock is $5,
000,000, of which the Terminal purchased .t2,500.00», and already owned 12,000,000, thus giving them all but 1-500,000. The
price paid for the 25,000 shares was reported to be $5,000,000
cash and $1,500,000 in common stock of the Terminal Company when issued. The stock of the Terminal Company ia
now $15,000,000, and it is stated that the company has voted
to increase its present common stock to $24,000,000 and to
issue preferred stock to the extent of $5,000,000. The preferred stock 18 to have preference over the common stock to
the extent of a 5 per cent yearly dividend, which will be
cumulative, and is to be secured by placing the 25,000 shares
of Richmond
Danville stock
the hands of trustees for
that purpose. The company offers to its stockholders of
record on Nov. 29 the privilege of subscribing for the
$5,000,000 of preferred stock. Each stockholder is entitled to
subscribe to the extent of one-third of the par value of his
stock, and each 100 shares of stock is entitled to receive on
the payment of subecription 33':] shares of the preferred
stock and 30 shares of the increased common stock. It haa
been reported also that a bonus of $500 in new common stock
of the Terminal Company would be given with each $333 of
preferred stock, but this iS not mentioned in the notice.
of the Terminal

Company

:

&

m

&

Rome Watertown & Ogdensbnr^. — From

the

returns

made

oooid be asoertainet*.

«W1>ln«i
Optr. rJHiSsif

635

is

daily
Beailin? affairu. but the most positive
the following, under date 23d inst.

to the Railroad Commissioners, the following figures are
obtained for the fiscal years ending September 30, including
Black River Roud in 1885-6 :
the earnings of the Utica

&

1885-6.

OroMeaminKS

92.40«,7y3
Operat'gexieuMB and taxes. 1,495,298

Net
Income from other soarofs..

$911,494
29,748

Ii<84-.1.

9l.70/,732
1,180,2S1

Inc.
Ino.

9704,060
316,067

9322,501

Inc.

9388,998

4(>,63g

l>ec.

10,891

f.

TotallDcome
rntereat and rentals

6ri3,i7«

$->6:M40
517,092

[no.
Inc.

$378,103
145,736

$247,763

$15,447

Ino.

$232,315

$911,242

Barplus for jear

..

The

result of the year's business leuTes
five (5) per cent on the capital stock.

a surp' a? equal to

Lonls Fort Scott & Wichita.- This company made
its bonds, and the minority stockholders claim that
this was quite unnecessary, and done for the purpose of
defrauding them. The road has been controlled since 1882 by
the Mii'Souri Pacific or Mr. Jay Gould, and is said to be a
St.

default on

valuable property. About $5,000,000 of the $0,014,855 capitel
stock is owned in the Gould interest; cities, towns and
counties along the line own about $400,000; and the rest is
htld by parties in New York, whoprop<i8e to follow the course
Grand Island. They have
they took with the St. Joseph
made application for the appointment of an impartial riceiver,
and the case soon comes up before Judge Brewer of Topeka.

&

Savannah Florida & Western.-This company has pw>
chased the road now being built in Georgia and Florida, known
as the East Georgia & Florida Railroad, extending from JesIt is stated that the new
sup, Ga.,. to Hart's Road, Fla.
owriSTS w"ill complete the road from Jessupto Folkirton, Oa.,
and will tuild a branch line to St. Mary's, Ga., opposite Fepnandina, Fla. The price paid for the railroad is said to have
The new route will shorten the distance from
i>een $'>00,000.

New York

to Jacksonville, Fla,

Stock Exchange New Securitlea.—The Governors of the
.Stock Exchange have admitted the following to dealings at
the Board

CuiCAQO Milwaukee

& St. Paul Railway— An

$303,000 terminal mortgage 5 per cent bonds,

additional

making amount

now listed $4,303,000.
Delaware & Hudson Canal Co.—An

additional $1,000,000 capital stock, issued for the purpose of providing money to
retire $1,000,000 Union Coal Company's bonds maturing Jan.
1, 1887; total capital stock now is $24,500,000.

Buffalo

New York &

Puiladelpiiia Railroad—Bank

of New York's certificates of deposit for iJT, 000,000 consolidated
6 per cent bonds and for $3,300,000 general mortgage 6 per

cent bonds.

Boston Hoosac Tunnel

&

Western Railway—Deben-

ture 5 per cent bonds due in 1913, and redeemable at the option
of the company at par $2,000,000.
ToLEiDo Ann Arbor & North Michigan Railway— Firs*
mortgage 6 per cent gold bonds due May 1, 1924— $2,120,000.

—

THE CHRONICLE

636
Denver

&

Rio Grande Railroad— First consolidated 4

per cent gold bonds due Jan.

1,

1930, $22,575,000; preferred
138,000,000; these In

stock, $23,650,000, and common stock,
lieu of securities of the old company.

COMMERCIAL EPITOME.

Sonth Pacific Coast— Southern Pacific Company.— The
capital stock of the South Pacific Coast Railroad, running
from San Francisco to Santa Cruz, a distance of eighty miles,
has been transferred to the Sjutbern PaciBc Company and

Improvement Company. The amount paid is
between $4,000,000 and $6,000,000.
Termont & Massachusetts.— This company's report for the
past two years is as follows

the

Jpaciflc

Jbelieved to be

:

..

.'.„

Totallncnme
Total expenses

..'...'

$194,580

1884-5.
$186,1 00

3,000

3.000

1883-6.

^ellnoome

.^ilS3,000
«191,3S0
$183,000
$191,580
'Wvldenils (6 per cent)
Vicksburg & Meridian.—Judge Hill, of the United States
Court of Mississippi, has rendered a decision in the case of
. Frank S. Bond, receiver, against
the Railroad Commissioner
of MissiBsippi,
which the right of a State Commissioner to
fix a tariff for a railway which is not paying its current
charges is denied. The order of the Court says that it appearing to the Court that said railroad was operated during the
past six months at a loss of nearly $40,000. and that under the
tariff of charges fixed by the Railroad Commission this loss
cannot be made up from the earnings of the road for the next
six months, after paying expenses and charges, it is ordered
that said F. S. Bond make out a schedule of rates for transportation of freight over said road, to be shipped from points
within the State to other points within the State, &c., &o. It
is further ordered that the receiver submit the schedule of
rates to the Railroad Commission of the State for revision. It
is further ordered that the rate of travel on said railroad be
continued at three cents a mile, as heretofore fixed by order
of the commission.
.(.

(Vol xcjii.

m

Friday Night, Nov.

26,

1886.

A close holiday (Thanksgiving) has

interrupted the regular
course of trade this week and somewhat disturbed speculative
values, through the closing of aooounts by pa-ties who desired
to be absent from the city. The weather has been more
equable, though not unseasonably mild, and is to-day clear
and cold. Enough rain has now fallen to completely remedy
the effects of the recent drought, and cause tuch a rise in the
rivers of the Southwest as to permit their free navigation.
pressure in the money market was not seriously felt in
mercantile circles. The necrology of the week includes
Charles Francis Adams, Sr., whose services to his country as
Minister to Eagland during tha late civil war can never be

Wabash—Indianapolis Pern & Chicago— Champaign Havana & Western.— A ppecial to the Cincinnati Commercial

A

overestimated.

The speculation

in

lard

for

future

has been

delivery

and activity, but in sympathy with the
course of the corn market prices have slowly hardened. L'ird
on the spot has been only moderately active in any grade,
the demand being quite moderate from all quarters; but a
slight depression in prices was recovered, and the close to-day
was brisker at 6'15c. for prime city, 6'27i^c. for prime
Western and 6'60p. for refined to the Continent.
variable in spirit

DAILY CLOSING PKICKS OF LARD FOTOBES.
ilond'y.

Saturd'y.
6-21
Nov.dpllvery.,
6-21
Dfc'mli'r
*
6-27
January
6-35
Pdi)i-ii»ry "
..

Tuesd'y.

Wedwi'j/.

6-2.<

6-21
6-26
ti-

14

Thurtd'g.

Friday

5

6-26
6-32

6-23

6-a3
6-29
6-38
6-43

ti-23

3
B

6-28
6-38
6-44

610

6-42
6-47
"
6-42
..
March
Gazette from Wabash, Ind., Nov. 22, says: " It has just leaked
Pork is firmer, and closes fairly active at $10 62.'^® $11 for
out that the Wabash road has in reality purchased trie Indiananew mess, .$10@|10 37^ for extra prime and $14 50(afl5 25
polis Peru
Chicago from Indianapolis to Peru. At the sale in
Indianapolis on the 13th, M. H. Swayne purchased the road for clear. Cut meats have met with a less urgent demand,
for $850,000, presumably in the interest of the bondholders. but prices are steady; pickled bellies 6%@7i^o., hams ^@9^c.
He also purchased the M. C. I. line, running into Michigan and shoulders 55^0. smoked hams 10@ lOJ^c. and shoulders
City, for $155,000, and it now appears that these purohas^es
dull at $7 50@{8 for extra mess and $8 50@$9
were for the Wabash peop'e, and that the $40,0U0 forfeit 6?^o. Beef is
money required of bidders was furnished to Mr. Swayne from for packet per bbl. and $15@f 17 for India mess per tierce, but
the Wabash office at St. Louis."
beet hams are firmer at $19 per bbl. Tallow is dull at 4}^c.
Holders of Champaign Havana & Western Railway Com- Stearine is firm at ej-^c. and oleomargarine is quoted at 6J^o.
pany's first moitgage preferred and common bonds are notified
Butter is in moderate demand at 19@29(J. for creamery.
that Mr. Anthony J. "Thomas will pay the same upon presentation at his office, Drexel Building, New York City, and that Cheese is very firm at 10'j^@13?^c. for State factory and 53^@
interest upon said bonds will cease on the 6th day of Decem- lOJ^c. for skims. The following is a compirative summary
ber, 1886.
of aggregate exports from Nov. 1 to Nov. 20:
Western Maryland— Baltimore & Harrisbnrg.—At a
188.^
1888
3,.')<:P.8i)0
825,800
Deo.
2,704,000
Baltimore recently an agreement for the Pork
IbB.
meeting held in
2.\0t>o,>»i7
2",143,H88
4,0.^3,071
Dec.
road to the Western Maryland Company was Bacon, 4c
lease of this
13,035,044
35,398,8,'iO
Inc.
22.36J,806
Lard
finally completed, the contract entered into in July last being
The speculation in Rio coffee met with a renewal of buoythen finally ratified. It was agreed that the consolidated Baltimore & Harrisburg Company should execute a mortgage to ancy and excitement, but has latterly been weak and fitful,
cover an issue of f690,000 in 5 per cent bonds, of which closing to-day at some recovery from inside prices, with
$415,000 are to be retained by the trustees to take up the
sellers at ll'lOj. for the near months and ll-45c. for the mora
bonds of the several lines composing the new company, and
the remaining $275,000 were to be sold for the purpose of pro- distant options. Ciffiie on the spot was in good demand, and
viding funds for the purchase of the several stocks. These closes firm, with fair cargoes Rio quoted at 13®13i^c. Ra^w
bonds have been sold to several bankers in Baltimore at sugars have rul-^d firm at 4%c. for fair refining Cuba and
Under
'91J^, yielding a surplus over the amount required.
5 3-16c. for centrifugal, 96 deg. test, with a moderate trade,
the agreement the Western Maryland Company will he not
Harris- and refined sugars are firm.
only lessee but practically owner of the Baltimore
burg Company, subject, of course, (o the lien of the bondKentucky tobacco has been very quiet, but prices are mainholders.
tained. The movement in seed leaf was quite large, as well
Wilmington & Weldon.— At the annual meeting in Wil- as otherwise excepti inal in its character, amounting to 2,911
mington, N. C, Nov. 20, resolutions were passed approving
as follows: 1,336 cases 1884 crop, Little Dutch, ll@13c.;
the contract made for the purchase of the road-bed and right cases,
of way of the Clinton Warsaw Railroad, and authorizing the 100 cases 1883 crop, do., 9c-.; 120 cases 1883 crop, Pennsylvadirectors to complete that road and to operate it as a branch. nia, 12>^@13c!.; 180 cases 1883 crop, do., 10@12>^c.; 330 cases
resolution was also passed authorizing the directors to issue 1885 crop, do., 9@18c.; 130 cases 18?5 crop, Pennsylvania
income bonds to the stockholders to such an amount as ma^
Havana seed, 10>ai7^c.; 300 cases 1885 crop, Wisconsin Havbe considered advisable, to represent improvements and additions to the property made from the net earnings of the road. ana seed, 7J^@10o.; 135 cases 1884 crop. State Havana, ll><c.;
R. R. Gazette.
200 cases 1885 crop, do., 12^@16^c., and 100 cases 1885 crop.

&

&

;

—

'

&

&

A

—

—Messrs.

&

Gillett, who are now offering the
Railroad Company's first mortgage 6 per
cent gold bonds, due 1925, report a large and increa-ing demand for these investment bonds. They estimate that the
gross and net earnings for the present fiscal year will be largely
in excess of those for the year ending June 30th, 1886, partly
owing to the profitable coal traffic.
The well and favorably known firm of Messrs. Lithrop,
Smith
Oliphant, of this city and of Chicago, call the attention of the investing public ti their card in the Chronicle
this week. Being members of both the New York Stuck and
the New York Cotton Exchanges places this firm in a fitting
position for the prompt execution of all orders in either line
entrusted to their care.
—The Ontario Silver Mining Co. has declared its usual dividend of $76,000 for October, making a total; of $7,850,000 to

KnoxvUle

—

date.

&

Oriswold

& Ohio

New England

Havana, 19@25c.; also, 380 bales
$1 05 and 200 bales Sumatra $1 25@$1 60.

Crude petroleum certificates advanced to
week, but have since been unsettled, clciing
773^0.

Crude

Havana 60o.@
the
afternoon at

79o. early in
this

Prices in the regular trade are the same as last week :
in shipping order quoted at 6=^@6?^c. per gallon, refined

in bbls. 7c.

and naphtha

closes firm at 37c.

turpentine is scarce and
firm with a fair demand at 97J^c@

83.^0. Spirits

R )sins

$1 07J^c. for common to good strained.
On the Metil Exchange block tin has been firmer, but today was dull and easier, closing with sal-s for December at
22 40c. Ingot copper is firm but quiet at 13"05c. for Lake.
Oi'ean freights nave not been active, because there was but
litlle room oflerine and the recent higher rates were fully
maintained. To-da\'i' business incluiled grain to Liverpool at
4i^d,
4J^@4»^d, to Hull at 5}^d and to Gibraltar for orders 43

NOTBJtBKB

THE CHRONICLE.

18M.1

37,

COTTON.
Friday, P. M.. Nov. 26, 1S86.
Thb MovBlUHT or TBS Cbof, oa indicated by our teleKr&ms
from the South to-nij<ht, isKiveD below. For the week undins
thia evening (Nov. 26i, the total receipts have reached 280,363
tmies, against :)68,o96 tiales

laiit

week. 273,530 baled the pruvioue
making the totttl

week and 371,605 bales three weeks since

;

receipts !iiaoe the Ist of September, 1886, 3,437,d7'l bal08,against
a,4°')5,4'iJ oalm for the laine pttriD'l of IS45, laowiog t n iaorease
Heptember 1, 1886, of 13,593 bales.

la addition to above exports, our telegrams to-night also give
as the following amounts of cotton on shipboard, not cleared,
tt the ports named.
add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
Jt Lambert, 3-1 Beaver Street.

We

On SMpboard, tu>t eleartd—/or
Not. 26,

AT—

Am*.

Vad.

2.700

JTon.

7,734

5,073 12,020

8.033 21,398, 16.06 S
1.473 2,216 3,144

m.

Thurt.

4,778

7,706

Total.

[

6,4331 38,788

8,261 14,550

2,656

7,333

7,564

0,801

7,411

7,377|

8,336

4,339

3,897

4,100

3,300

1,933

3,406

1,325

1,717

930

.',SU

2313

9.700
3,063

8,213
3,677

6,303
3.110

6,63^
3,125

103
504

91

703
897

813
467

430
710

920

48,747
1,60 j
1,608
1,710 20.802
1,112
1,112
1,332
9,753

8.768

Bruiuw'k.*o.

PI B«ral.*e.
WnMlagHm....

76,815
10,922

920

784

650

KnrabdC.^.

WMtrolnMko

•V Tort...

348

318

41,430
4,li9 19,9S7
410
2,460
2,669
1,804
1,S04
109
2,0)7
1,956,

Leatina

OUur OoattBntain. Franae. Foreign %ei»t.
Oreat

25.031
9.000

2,0

29,521
None.
10,900

17,500

None.

2.<,9(!0

9.22J
28,0
4,200
8,oOO

.V-^vOrleanB

.1,456

None.

7,020
None.

60 J

7, MOO

37,458
None.

Slock.

Total.

2,356
6,000
2.000
4,000
7.331
2,000
None.
None.

94,389
14,000
24,400

27,030
30,000
12,700
9.000

190.024
12,009
57,431
101,231
64,216
27,667
151,237
59,159

22,687

256,919

662,904

109.916 S.^O.SO 63,701 19.315
161,713 137.617 il03,053' 19,772

228,182
321.154

627.556
582,508

M)bU6
BaL

637

Oiarleaton
S trannah ..
Oilveston..
N.rfoUt

9,U0(I
....
....

N wTork
O iierporte
Total 1886
To^al 1885
Total 1884

Njne.

1,000

109 977 44,014

....

83,241

1

1

4.1,400

1

The market for cotton for future delivery has been unsettled
the past week. Feeling the approach of a close holiday, the
fluci nations were often without upparent cause.
An advance
on Saturday was due to the appearance in the Bureau report

November

for

as printed, of an e$<timate of the total crop at

Unfavorable piokiog weather and continued
moderate receipts at the interior towns were also elements of
strength; but on Monday the large receipts at the ports
rMMelpX te.
S3
81
78 1301
caused selling to realizt*, aad prices give way. On Tu-sday a
03,698: 50,708 4l,Sii3 36,547 soisis 380,262
demand to cover contracts from parties who wished to leave
For companaoo, we give the following table sho wmg the week's town over Thauk&giving cancel an advance, but the failure of
total raoatpti, the total cinoe Sept. 1, 1886, and the stock to-nigh ,
lid the —ma Items tot the rorrespoadiiiK periods of last year. Liverpool to respond quite broke down the market on Wednesday, though the close was at some recovery from inside
1885.
«ta<*.
ISM.
prices, owio^ to the smaller receipts at interior towns. To-day
Sine* t*p.
Thi$ M)te*a«i>.
jr**. 20w
1880.
1883.
Liverpool was stronger, and our market advanced smartly,
Wttk. 1, 1880.
Wtk. 1, 1885.
6,^38,000 bales.

nu

OslTeatoo..

40530S 39.4i6

395,052
761

91,216

9;,261

033.014
87.311

38.788

708,4331
91,301
2 ,049

281.413
26.009

283.713
28.775

140,631

2.314
103,077

31.337

419,973
8,218
294,983

81.831

01,605

703

X336

4,0'i6

4.335

60.828
2,0 J8
243,822

Z3,3dl

10,218

57,607

53,834

163,927
9,000
11,930
19,862

133,136
6.310

lBd-Biilii.*a

•vOitosaa. 76,815
b20

10.2!<4

04.801
9.366
2,00i

48,747
1,008

486,158

33,6t)2

10,922

rionda...
lavaBaak.

B>>«Wk.*s

14,197
340,004
11,010
84,286

30303

rUteyakAe
WlUalsctoa

1,112
9,733

348
W.Artat.*c.

KawTotk...

267

1,9*

41,t3u
19,987

378.9d5

33,341

U4.61

i;;,0i9

3,4ao|

33,310

3.6t.9|

8.49B
13,982

3,038

12,^45
l\7U>

670
600

494
4.730
6.02

14,^1

1,101
2,007

Tout.

730

«19.H43

1,638 bales, including

30,5-)4

10,382

8^5,738

Ib onlar that oom panson may be mad« with other yean,
giva below the totals at leaiting porta (or six seasons.

0PLAND8.
NEW ORLEANS.
TEXA8.
.don Taea Sat. nion TUM 8.4. in on Toes

Sov. 30 io
Nw*. 26.

Sat.

eal*srt'B,*e.

VsvOrtosM.
MoMla
••vanaab

...

Chart'M'D, *o

WUai'«t'B,*o
Korfolk

W.ratat.*o.
Tut. this

v^

MaasSapt.

1.

38,788
70,815
10,022
4a,747
31,014
10,101
41,430
ie,V87
11,558

30.486
01,804
0,300
33,692
33,110
4.002
33.311
13,049
7,000

1881.

1883.

1883.
31,177
01.756
14.667
30,377
17.613
6,151
33,629
11,287
10.220

28<,6i3 223 185

235.097

14.8U
39,345
30,197
5,283
43.900
31,279
13,433

32.67-)

26,180
9,056
3!,17U
8,054
30,603

22^.170

Cliarlwlon inolade* Port Royal. Ac.>
irUuiliiinua InnllMlMMnmh'iintr *" " Waal Point luoliuleaCitjr Point. AuTiM expocta for the week wnding this evening reach a tnial
tt VU,4M bales, of which l»},06a were to Ureat Britain, 9,1 .3
to France and 46.6:^3 to the rest of the Uoatioent. Below are
the exports for the week and since Supte-uber 1, 1SJ<5.
.

mm Stn.

Wnk

1.

uoa,

u

Xov.

», ism

mtpartMloOkau-I

mat

SmK
i«»e

10,471

VawOTia

l*.W.rT|

ObMt-

8Jt» 1TM4,

4«,40x

CharlMtoa...
Wllmlacton..
Korfolk

9AM'
7.7;»|

4,516

S8.0S4

1*J»1

ujan

W.S17

4<.ir^a

is,7ns

33.871

Low MILfK «"l« B»ia

dtr.L'w Mid
Klddilnx...

9

n.Tta

tr;

:l
iin.*M)

107,

US

Via

itf.ivi

•.an

U16

rork..

A.n<

4t,061

l«.44s! 27.614

4jn

2^*1

Tall

t80.S«Si

18.«n

ia.7a»|_^,.

.

'.»4|

•,713

ToUL

um

7a,i>a

tfn
9»i«
»a»

!>•'«

8'»
9»i«

9

1

9

S^is
87*
B3i«
93i

«»1«

WmI
OrdJay.ati
dulotOnl
.

7U,8
Uuod Onl
*tr. li'd Ord
•<H
Low .VIilil'K S"I8
»

MlildUn*.
flood Mid..
Sir 4'd .MUd

9-'n

.

Mr

ftlr

f^M

9<>a

9°g

('fl

I0I4
lO^a

I0>4
io'a

H'S
1U1«
10^8

4«J»>«jl»<.M9

»M,40i«7.»ai'''Ml,4«l

».5T7

M.im

7OT.99a!lili>,»:»'

ia7.4«»

<i.i\t

J4.n«
I3U,M7

484,870 l,3ai,»18

i"i

9<>ii

6=R

7',«

7>I8

8

8
S7,«
8'h
93,8

•>>

:

O'b

6^8
71,8

8

9>*

87„

8"ia

"''»

K7,e
b's
y^it
»^^

1
s

ai'18
lO'ii
10it,«

•

9

t)=>.8

1

t>^
H78 uaa
9ll,» »>,
101 8 10>4
93,8

ca

wd Ordinary
B .riot Oowl Ordinary..
j« jfliUMnir
tf

hi'b

»">.

6(«
616,,
7*1

1

87,8

8V

^

m

»*l»

n

n^
»>
10>4
lo'^a

1

7^

Frt,.

6i4

6i4
6i"ie

61i>i,

75i

»

Tuea Wetf Th.

ev.
1

Frl.
C»8
V'18

e<^
9^8
lO'l
l.'s

10 >4

nmu Mou

STAINED.

Th.

BV

90g
978

toil,, l.t7g

IOI4
10^8

lOTg

On

I

Tli.

»i>S

9^

XO^

Wed

We4

7M8

4

!>'(*

Frt.

Fr».

.

JU.L'wMl.l

94

l-Og

ll»l«

rii.

57,8
»•»

8

HV

9''*

0^8

»Sl«
b3||
97,97,.
f»»
9li.. O'li. h'b
Mldd'tt Fair, 101,," loi,; lol,i 10S4
F«ir
Il0><i« luilioiou,. luTg
.

'»!«

v-'u
9

6>i>„ Holi1

7%

7\

day.

MlddttM

8»8

MARKET AND SALES,
The total sales and future deliveries each day during the
week are indicated m the following statement. For tne conranienoe of the reailer we also add a column which snows at a
glanoe how the market closed on same oays.
SAUEa or sroT and TBAMsrr.

Sat

.

Coea

.

Uiilnt

Oon-

9i>oe-

rump

ul'Vn

227
218

bul Orin..

.iLiiHj)ull aU'l

•Ted

&cport,

eaiy

I'^e
62rt

.

Edgy

fhiua

fn

.

183

Uoll day
288| ..

tli.i«7

4,4IS

New

ijtaa
7».TJ0

B''.,

»'!•
»•!,«

Woo
S2.1«3

«il,l«3|

87„

B"*
d>>i*

67|g
6'*

6'b

•rOT MABKKT
oixMsr.
197.124

87,«

8»4

67,,

6'«

180.103

4300

Bh»

>*'4

OM Ord

•1.171

ua.«2;i

8^1«
»'•
»».«

8tr.

MoMla...
noMSa...

•anusl

7118
8

6=8
7li«
8

6°«

8

A

7",. 8
-

3«37,«74 3435.282 2->0^.45l'2420.^8t 2442,337 '2345.211

flilriiiliin tniilnrtsi Irnlliiinl*

Sh

7i,e

7l'>i«

>tldd'K

2S0!363 359.035

6i>8

7li«

7U,»

01517
13,383

6I>8

67,

(ioodOrd..

15.713

33.405
74.334
12.311
33.766
30,032
7,eo2
40,556
8,433
14.138

22,805
93,237

6«ll

7'U

Ordln'y.^fc
JtrtotOrd..

Str.U'dMId
1884.

consumption,

for export, 1,473 for

were to arrive.
eash day of the past week.

Oood Mfd

we

—
—

in transit.
Of the above, \6i bales
and
The following are the olBcial quotations fo r

183 for speculation

249

t*0.2H7 2,417.874 3^ft.92' 3,12^.1')2

but the close was at some reaction from best prices, owing to
the rapid accumulation of stocks in Southern markets. Cotton
on the spot has been very dull, with prices nomiually unchanged, and clojea quiet at 9 316o. for midJlia,; uplinds.
The total sales for forward delivery for the week are 376,3.0
bales.
For immediate delivery the total sales foot up this week

Steady.

FranTotal.

...'1,4781

183'

Dtliv

227 72.100
218 H4.S00
369 48.S0O
526 t<3,0U0

_288

-I

rota-

8ale$.

rritt.

100

87,6(}0
.'

-J-

1,65? 376,3O0l

100

The dally deUvertaa <lven aiMve are autually duUvmod tbe day
pfaviooa CO tbai ua wbloa taey are reiwrted.

Tax Sales and Pbioes of Futures are shown by the follow
iag oomprehenaive table.

THE CHRONICLR

638

[Vol.

XUIl.

to Thursday evening.
But to make the totals the complete
tixures for to-night (Nov. 36;, we add the item of exports frcm
the United States, iucludmg in it the exports of Friday only.

S cook at Uverpool

188 3.
48^,000
15,000

18S4.

1S^3.

4,S0,0O0

467.000
45,000

433,000
3,000

478.000

12.S00
4,000

31,91)0

33,000
41,000

30O
900

Stock at London

1885.

415.000
14,000

501,000

bales.

600

800

48.000

512,0C0
2,000
51,000
40.000

Total Oreat Britain stock
stock at Hamburg
Stook at Bremen
Stock at AmBterdam
Stuck at Rotterdam
Stock at Antwerp. ....... ......
Slock at Havre
Stock at MarBelUes
Stock at Barcelona........ ....
Stock at Genoa
Stook at Trieste

156,000
2.000
30,000
4.000
12,000

2,600
113,000
3,000
36,000
8,000
7,000

1,700
134.000
5.000
2H.000
8,000
7.000

1,500
4,100
139,000
7,000
41,000
7,000
9,000

Cotal Continental Stocks

223,300

235,100

262,000

301,610

Total European stocks .... 724,300
33,000
ladla cotton afloat for Europe.
A luer'n oott'n atloat for Eur'pe 398,000
56,000
EKypt,BrazU,&c.,atttfor E'r'pe
Stock In United States ports .. 919,883
Stock In U. 8. interior towns.. 329.405
27,000
Onlted States exports to-day..

668.100
25,000

740.000
40.000
578,000
52,000

813,600
78,000
461,000
56,000
957,498
326,625
8,000

1,6J0

3.f.00

30,000

51-2,000

40,000
855.73^
300,231
18,950

90:).662

247,281
42,20D

2,487,588 2.4-,i0,019 2,603,143 2,700,723
Total visible supply
foUows:
Of th6aboTe,the totals of American and other desorlptloDs are as

Uverpool

313,000
118,000
398,000
919,883
321,105
27,000

.bales

stock.......

Continental stocks

American afloat for Europe.
(Jolted States stock

aoiied States interior stocks.
United States exports to-day

KMt Tndla &o

S^ American

13,950

265.000
207,000
461,000
957,493
3^6,625
8,0Q0

2,105,288 '2,149,919 2,119,143 2,225,123

Total American
Xatt Indian, Brattl, *e.—
Liverpool stock
London stock
Ooutlnental stocks
Cudia afloat for Europe
Egypt, Brazil, Ac, afloat
Tntal

217.000
131.000
578,000
903.662
217.231
42,200

303.000
157,000
512.000
855,738
300,231

^TS'XXS
.ie'SSX
'25'^sS
?3'S2X
b6,000

.

202,000
45.000
94,600
78,000
Sd,000

183.000
48,000
131,000
40.000
62,000

109,000
18.000
78.100
25.000
40,000

473,600
451,000
270,100
382.300
05,289 2,149,919 2049,143 2^25.123

.

:...;.'...;:2,1

2 437,583 2,420.019 2,603.143 2,70

Total visible supply ...
Price Mid, Up!., Liverpool
Price Mid. Upl., New York

5i3i„d.
lO^ioO.

514I.
S'lac.

63,8d.
93i60.

.',723

61.

10»,sc.

tW The imports into Continental ports this week have been
...
,„„ m sight
The above Bgures indicate an increase in the cotton

53,000 bales.

,,

.

.

.

.

comparedwith the same date of
io-niuht of 67,569 bales as
ijrith the conreadecrease of 115,555 bales as compared
1885, a
13o bales as
date of 1884 and a decrease of 213.

ponding

compared with 1883.
receipts
Ar THE XNTERIOB TOWNS the movement—that is the
the shipments for the week and
f J the week and since Sept, 1,
for the corresponding
the stocks to-night, and the same itema
oUowing statement.
period of 1885-18 set out in detail in the f

2S3

,ag,as-?£?.g|i-g;5.-

GO"

B >—
ST, =

3 5-S2:.»3.?..-«?|S

O
%

!?<:

,<»

SS>«<.'^

3S

1

M

»r'?'

"In-i

I

^ -^ W

MWMiU

»-ro toto*.io

QD

wwooDMOsVb"^*-;o:a"-3V30*^o'»-*'-4

_3S

to

'

yi r; 5;

.*^ 9"^

'

(X 0) -* H*

*j— o<i-aw;

0)

C;i

1^
06

pd.
pd.
pd.
pd.
pd.
pd.

to
t"
to
to
to
to

excU. 2,500 Deo. for Mar.
exeh l,7iMi Deo. for Feb.
exch. l.Ono Dec for Mar.
ir.
exrh. l.SOO Deo. for
exoh. 100 Drtu. for Jan.
exeh. ;'','iCO Deo, lor Feb.

M

11 i>il. to exch.
•10 pd. to exoh.
«>2 pd. to exuli.
at pd, to ex.ih.
11 pd. to exoli.
•21 pd. to exoh.

."iOO

V'lsiiiLii

W5«

MtO

I

if^toMyirf*.

i?

M

^-I-.OO-IO

CO

l-',^3i*-<»wwS"

o © w ' J 00 to O C0»OO'-^'^»c0WXO3i05»-4yi^W
O r* *^ ^ O
Cff

CA

fcoat©y«Qo_osao

X "- A X :^ * w
w oo*j«*y' oo'"- o: 3s 'o^
to,^*.Oi-*-,OOto^y>'^»3ixtO;cA.x 1^

h

?

j

CO
(O

.

SUFi'i.Y OJf Cotton to-night, as made Uj^ Dy caiile
a .1 telegraph, is ae followH, The Contmeutai stocks, as well i s
t jiuje for Oreat Bnlain and the afloat, are this week's return;-,
and consequently all the European figures are brought down

XuK

QO'—

M Mto-iw

I

cooa SN)9x

;

M

for July
tut June
for Feb.
for Feb.

.-'

O 030^00 cOtOV

I

p

'

*M
1^

*

03
to

— to

H«M

'

MO — ®"4t*0

I

O » -• X 0> to ** W to a»
M iO CO 35 X *n p <1 b io

*oto*a»oto»o;

cjjVto'xbb;

X J»iWrf*>if*'

*»toy<»o i-'^p^p^^f^
wx
oxoy — x-'-J'-tox-Jio-'jc;«0-»--J o
,fk,fk.Of-'totoio«-'aato«4i-*vj:^;)i^c>^v
oi'jf

QOt«*^to'c>OOT

OB

Feb. for Mar.
for Jan.

800 Deo
SOU Jan.
200 Deo
800 Jan.
500 Deo.

M jc to *

''J I-"

:

•32
•22
•33
•33
•11
•22

,

to

;

The following exohani^es ha^e b^en made darinj]; the we^k
63 pd. to«!coh. 500 .Tan. for July.
10 pd. to exch 100 Dec. for Jan.
22 pd to exoh. 2,^^00 Ddc. for Feb
•31 pd. to exch. 100 Deo. for Mar.
37 pd. toexob. 50ii Apr. for Auir.
•61 j>d.t<>e.xcli. l.'iOOD e. Iiir Juno

I

M w to M w

"b«fcO>-''bVwoy>bVos'^b>'»b©-^»'.o
^ifkOOOCd^ao JC(;;irf^occooyt sowX|f>•

O*-O--QDO«>f-'O0S

t^
ko

a>

'-o --4

-r.

I

nr

2

CO-a^WCOMWMMW ^-»aici^3:w**» ?2R
O 10 *^ H* GO to ^ P_50 Wj* 5".* j^i'' .^
O3XM'-J*^jVH»'-'^itot0:;t— jocjOiCBObi
— Ci — o X » 5 0:
w w X 1^ to ^t ji
CO

— MwO

CO

*•

*InolQie8 8»iw<ln 8«iptenih«r, 1886, lor September, 42,900; SeptemberOotober, for October, 287,200.
w» u»ve muiiicttia lu guo dbore table, and aball oontlnne eatli
week to give, tlie averaKe priop of futures each day for each month. It
WUl be found under eai-h ifav followlUK the abbreviation " Aver." The
ftverasre for each month for the week in also given at hott'Om of table.
Transferable Ordnm ->4aturda}',9-10c.i Monday 9'05o.; Tueedaj,
©•Ooe. Wednesday, 9 05o.; Friday, 9-100.

Sg
»

I

J-J

'

wos

I
!

MO-^0i3)3y>-'

OS

)

CD

o

OUC3tOi^U!0«3>
I

1-*
;

CD

« « MM
OM

to 3S -4 *»
*J *;

WM

tfc-

'.D

tO lo

aox3a>*'j«i^i-osw

riiU year's fljjares estimated.

totals =)how that the old interijr stocks have
chH week 37,531 -ilijaol ar^ c'>-/jn<u 29,147
The receipts at
jAioa more than at the same pert, id last year.
the same towns hare be')a V2,iL^J .>ale3 less Chan the same

The aiove

increase

,

.iiiriau:

NOTUBKR

THE CHRONICLR

S7, 1880.1

639

week last yeMr, and since September 1 the receipts at all the has made good progress. The tributary riveru are higher. The
towns are 16,006 bales more tnan for the same time in 188-^-85. thermometer has ranged from 31 to 71, averaging 53-4.
Memphis, Tennessee. Heavy rains on four days of the
QDCiTA.TiO!rs roB MiDouNa CknroN at Othbb Markets,—
In the table below we give the closing quotations of middling week has interfered with picking, but the weather is now clear
cotton at Southern and other principal cotton markets for each and pleasant. The rainfall reached four inches and twentyfive hundredths.
Average thermometer 50, highest 73 and
day of the imst week.

—

0ti0S»O QOOTATIOm FOB MIDDUNO COTTON

JTmlM.

Mpw

nu«.

If on.

SalTMion
orlaaoa.

Mobil-

WtdneM.

JW.

ThMT$.

8<^

8'i,e

K"l«

«"•!«

Bift<r)uja*ta

KV

..

.

Chitrlmtoa

WllllllIMbMI..

8%

MortiHk

H >1«

...

B«iOi.
aWlisnrs....

8'

fs

'6

«
3

»».;
*•>,«

rWUdalpMk.

B%

4ai(Mte
•i. Lo-iia. ...

P"!*
6»;»
"*<

liM»>n|l-

8H
»»

Maupala

..

8N

»««

8*.K«^
8V>

to 79.

>»«

!»»
!«^

Ifmmt < t*a Part*.
!>*«.
UMt.
bML

I

\'tA.

I

van.

IBbS.

I

I

f^nnfUM

»**'-»>» frwfm

pwt*.

UMI.

IBBB.
I

I

Oat. ti ... |»u,ii':*ii.7oi ts '.SIS uu,siri«i.;8^i8Bjui8ai.aM803,lM 308.487
'
*:t.4:u »ku s i!»<,4>s i(M.r«rt'»j«.ao7 a8.s«7'ib4.0K'ais.i«8 30i.i«a
'r<7.oii vT«.t'i.i v:i.r.es ^7^,l»^ a^.stt Tnt.-HM sts.vtu 3m,»t« 3et»3
XoT. ft.
'
|aav.ii« t«t,a«iii73.&ui iwjno rm.iai 8i7.iMi7 3«8.oe8£sa,M48 8:iMs
- I*.. ...«3ayMim,iiuaM,flBSMa;9«ssaa,t«iss7.iso«wji3ii»e.7si 2M.U78

w

M

»

1

W4.SMII Mii.w% ssolms

tnxm *¥km» «8».<n« SW.X aii.oag soe.isi

The aboTe KMeaiMit stiowa—1. That the

total receipts from
1, 1886, are 3,7.55,8U2 bales;
in 1884 were 3,7.5.->,36U bales.
That, altboogh the receipts at the oulports the past week
980,988 bales, the actual movement from plantations was
900,160 bales, the balance giing to increase the stocks at
|h« taterior towna. Last year the receipts from the plantations
•or the same week were 991,060 bales and for 1881 they were
999.986 balea.
ttie

planUtiaaa siaoe September

is IMS wen 3,749,837 bsOes:

%

wen

Aiiouirr or Oonoir in Siobt Nov. 36.— In the table below
wvcire the receipts from plantations in another form, and add
Id hmbu the net orerland moTement to Nov. I, and also the
ti>""lir by Soothem spinners to the same date, so as to give
abstantfauly the amount of cotton now in sight.
1880.

1880.

1884.
I

18fS.
I

kSfttkapMlsto Nov. 24 3.437374 2.423,282 2,&0S,4ai 2.420,884
Mot. 30 In
318,019 324,&5si 240.918 323,408
lafaaMsaslmrl

a

1M. lesstpM from plaatartas
iMMov. 1
Dpt'ntoHor.

1

3,7AJt.B02 2,740.937 2,7.^5.364,2,74.'^,692
120.08«)
lS3.t»«|
98.271
126 8.59
So .001
&U,0<HM
OO.OOO
39,000

2,043,078 3,9«2.0B3 2,0u3,ei3 2.931,551

SrtallatfciilMor. 26

oitlMra •ptDBsn' taklags to
MoT.SS

t/it.'J^f

.M 8.321

41<t.737|

t63.0«6

by Uie sh<rr« that tbe denraiMe Id amount In nlxbt
aaauMred with laat jrear, U 19,01 A b«l(x, the Incremv
Hatgfct
ffsaBar•d wUk IttM la 40,335 biOaa and the Inonase over 18e3
It will be aaao

•

lS,427balaa.

Wkathkb Bxpobtb bt Tklkorapb.

— Our

telegraphic

to-night indfate that the temperature has been somePicking ban been
t higher at the S-JUth during the week.
intertuptad by rain in a few districts, but otherwise has made
good progress, and at some points is now completed. Farmers
oonti ue to market their crop freely.
have had rain on three days of the
hiiliMJilon, Ttxat.
wt-ek, the rainfall reaching fourteen hunilredths of an inch.
The ibtrinometer has nveriged 03, ranging from 43 to 74.
PaUttUti, f'jnji.— li liai. raiiit-il on two days of the week,
the rainfhli n-achi'ig twenty-nine hu.id>eiiifu< of an inch.

Xrts

— We

fnMt and ice on one oight. The thermometer hiw ranged from %) to 7 >, averaging 53.
ll»to Url-^um, LouMatia.— It has ramed on three days of
the week, tli>< rainfall reaching two inches and thirty-uix hundredths. The thermometer has averaged 60.
Shreveport, Lofidriano. —Rainfall (or the week sixty-nine
hundredths of an inch. The thermometer has averaged 50,

There h«H >>mi

killing

the higheHt being 74 and the lowest

8:1.

Columhtu, MusiJtfttppl.—yfe have had rain on two days
of the week, the rainfall reaching flfty-two hundredihs of an
inch, Co'ton is being marktt>:-d freely. The thermometer has
KTeraged 51, ranging from 24 to li.
have had rain on three days of
L»tawl, Mitrinfippi.
the week, the ramtuil reaching sixty-six hundredths of an
ineh. Average th> rmom-'ter 51, highest 71, lowest 'i'i.
.'(</7>/)».— Telegram not received.
OrMTtDiUe,

— We

H'M

—

Telegram not re<'*i.e<l,
Hock, 4 rfca/Mo-t.— Telegram not received.
U»i*na, ArKatucm. It has raine<i on three (lays of the
week, th" rainfall riac-tng three inche* and i ixht hundredths.
Tbs weather h is been tuo cold lor pi>;kiiig, out marketing
Garksilale. HiniiiuiippL

LUtU

—

—

Alnhamn. Th^re ha<< been rain on two days of the
the rainfall r-aching two incheH xnd Miirt^nine hundre tti8. riie iheruiouieter nas rangel from 3 J to 79, averag*
lug 5rt.
Anh'tm, Alabama.— It has rained on four days and the
remainil'-r of the week has b<en pleasant.
had killing
froHt on S-tiurdHV.
The rainfall reached two inches a-id
piKhty-eiiiht hundredths.
Average thermometer 554, highest
ti-i.ma.

w«>«»li,

8%

8!<»

— We

i

HiCKiKTH rBOM TBB Plju«tatiun8. — The folluwmg laiiie
the actual movement each ortvk from the planThH Uxuree do nut ini-lude nverlan<) receipts nor
SoBlheni ci>fir>uiuiiti<m; tbi«y are dimply a Ktatfiiieut of thi
iPMkly muveuif ut from the plautatiuiiH of that part of the crof
which ttnally rMu^htw the market tbn>uKh the outporta.

*

—

a

«)••

.

^owe8t 33.
Nashville, Tennessee. It has rained on three days of the
week, the rainfall reaching two inches and fifty-one hundredths.
Average thermometer 50, highest 74 and lowest SO.
Mobile, Alabama. It has been showery on three days and
has rained severely on one day of the wet-k, the rainfall reaching one incli and thirteen hundredths. The thermometer has
aver-tued 56. the highest being 74 and the lowest 33.
nUginiAitTii. Atartnmn.
had rdin on four days in the
early p*rt or the weel«, but the Intrer portion bus bten clear
and plfHxaiir. The rarn'all reach- d tw. incnes a"d seventyfour hu dre tbs.
Th^-re wa.-* killing frosr, ywterlay and
today. The thermometer has averaged 5(5, ru giug from 39

—

8H

H<^
»' IS

ON—

We

77.

lowB

t 2">.

jtirmmgham, Alabama. — It has rained heavily on three
da> s and the remainder of the week has been cloudv. PI <n<er8
are marketing their crop freely, and about two-thirds h<i8
already been marketed.
MadisoH, Florida. It has rained on one day of the week,
the rainfall reaching forty hundredths of an inch. The tharmometer has averaged 59, rangiug from 31 to 80.
Macon, Qeorgia.
have had rain on three days of the

—

— We
—

week.
Col'imbtu, Qeorgia. It has rained severely on one day ot
the week, the rainfall reaching two inches. The thermometer
has ranged from 33 to 68, averaging 53.
Savannah, Qeorgia. We have had rain on one day and the
remainder of the week has been pleasant. The rainfall reached
seven hundredths of an inch. Average thermometer 61,

—

highest 78, lowest 41.

—

Augtuta, Qeorgia. It has rained on three days of the week,
the rainfall reaching sixty-six hundredths of an inch. Planters
continue to market their cotton freely. The crop will be short
of w hat was promised some weeks back. The had effect of
the drought in September is now apparent; bolU failed to mature, seriously affecting the product of late cotton.
The
thermometer has averaged 56, the highest being 77 and the
lowest 33.
Atlanta, Qeorgia. Telegram not received.
Albany, Qeorgia.— \t has rained on one day and the remainder of the week has been cloudy. The rainfall reached
twenty-live hunifredths of an inch. Ice formed on one night
of the week in th is vicinity. Picking is completed and about
three-quarters of the ci op has been mirketed. The thermo-

—

meter has ranged from 31 to 70, averaging 59.
Charleston, South Carolina.— Vfe have had rain on one
day of the week, the rainfall reaching two hundredths of an
inch. Average thermometer 63, highest 74 ami lowest 36,
Btat«burg, South Carohna.—lt has rained on four days of
the week, on two of which to an inappreciable extent. The
rainfall reached nineteen hundredths of an in':h.
Ice formed
on one night. About all the crop has now been secured. The
thermometer has averaged 56'9, the highest being 73 and the
lowest 33.
Wilson, North Carolina. Telegram not received.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock

—

Nov.

2-5,

1886,

and Nov,

20, 1885.
A'ov. 25, '86.

Xew

Above low-water mark.
low-watermwk.

Orleans

Meiuphla. ........ ....Above

llaSbvllle.............Attov« low-watftr

Shreveport...
Vlcksbiuy.......

mark.

AI>ove low-wnter mark.

Above low-wat^^r

iijark.

IneA.
1

8

2
5

I

net.

5

G
22
9

yo9. 26, '86.

7

IneM,

6

U

8

Ml83
2
21

IniC.

7
3

India Cotton Movement from all Pobts.— The receipts
and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Nov. 35.

BOXBAT RKCBIPTS AND SBIPMBNTS ROB FODB TBABS.
BAit/intnIM this teetk

SMpmentt

Oreat
Oonti- _
,
TotaJ. Britain
Bril-n. n«.(.

Ttar Great

1886
1885
1884
LB83

1,000
l.OOU
4,000

.

3,0001 3,000 328.000
1,(100 .!21.000
2,i><)0
3,000 ,V.8.0O0
l.OOOi S.OOt' 104,000

Since Jan.

Oontinent.

t

Total.

Seeeiplt.

Thit

Tear.

Week.

88S.0OC 1,016.000 .1.000 1.472,000
4T2.000 H93.000 14.000 ,050,000
1

855,00^1 t,l03,00<J
78S,0Ot. 1,'/5^,000

it.OOO 1.5!I9,000

m.oou

t.<'U7.000

According to the foregoing, Bombay appears to snow an
inoreasi compared with last year in the week's receipts of
7,UUC liales, and an increase in shipments of 2,0>!0 bales, and
-ihipments since January 1 shew an inarease of 323,UUU bales.
The movement at Calcutta, Madras and other India ports for
the last reported week and since the 1st of January, for two
" Other ports" cover Ceylon
rears, has been as follows,
'
Tuticorin, Kurrachee and Coconada.

THE chronicle;

640

Oiipmentt tinee January

Bkipmtnti for the toeek.
Oreat
Britain.

Otloatta—
1888
1885

Brtat

Oontinanl.

Total.

02.000
59,000

87,000
18,000

99,000
77,000

39,000

1,000

1,000

PBOOUESS OF INDIAN MILLS DURING THE PAST ELEVEN TEARS.

1.

roku

OonUntnt.

Britain.

5,000
1,C00

44,000
15,000

Tears
ending June

30-

A'o.

Number

of

nf

Number

mills, spimtles.

looms.

Hkdraa—
1886
1886
All others—
1886
1885

2,000
1,000

2.000
2,000

1.000

1,000
4,000

1,000
1,000

3,000

14,000

66,000
64,000

118,000
129,000

52,000
65,000

167,000
137,000

261,000
221,000
Xbe aouve totals lor tue weeK stiow tbai tbe moTement froic
••Se ports other than Bombay is 2,000 bales less than same
wedc last year. For the whole of India, therefore, the total
hipmentB since January 1, 1886, and for the corresponding
penods of the two previous years, are as follows:

1886
1885

4.000
6.0€0

1,000
2.000

3,000
4,000

94,000
81,000

BXPOBTB TO BUBOPB FROM AU. IKOIA.
1885.

1886.

SMpmenti

from—

tetek.

Bombay

IhU

ainee
Jan. 1.

Europe

to all

1884.
Since

Bimse
Jan. 1.

Keek.

Jan.

%ieek.

1.

otber ports.

3.000 1.016.000
4.000 261.000

1,000
6,000

693.000
221,000

3,000 1.163,000
3,000 299.0(

Total

-All

1876
1877
1878
1879
1880

47
51

63
56
66
57
65
67
79
87
95

lt:81

Total all-

7.000 1.277.000

7,000

914,000

6.000 1,462,000

—

Albzandria REOBaPTS AND Shipmbnts. Through arrangements we have made with MessiB. Davies, Benachi & Co., of
Uverpool and Alexandria, we now receire a weekly cable of
The following
ttie movements of cotton at Alexandria, Egypt.
ttn the receipts and shipments for the past week and for th>
coneeponding week of the previous two years.
1888.

Nov. 24.

1885.

1884.

Beeeipta (oantars*)—

200,000
1,182,000

TblRweek....
Since Sept. 1

210,000

1SO,000
1,213,000

1,253,000

Thii
Since
week. Sept. 1.

ainee
Thi$
K4ek. Sept. 1.

Thit
teeek.

Sincf
Sept.^.

92,000 13.000 74,000 22,000
26,000 3,000 34,000 8,000

93,000
31,000

rports

To Continent

18W2
1883
1884
1885
1386

1.100,112
1.244,206
1,589.708
1,462,794
l,4bl,590
1,513,096
1,620,914
1,790,388
2,001,667
2,145,646
2,261,561

9.139)
10,385 \
10,538 i
13.018
13,502
13,707
14,172
15,373
16.262
16,537
17,455

Average] Approximate amount
of cotton
consumed.
employed
daily.
Bales of
Owls.
392 lbs.

numb'rof
hands

Not Stated
42,914
44,410
46.430
48,467
53,476
60,387
67,185
74,383

936,547

267.585
307.631
378.989
397.562
456.556
531,365
596,749
643,204

1,076,708
1,326,461
1,391,407
1.597,946
1.859.777
2.088.621
2.251.214

East India Crop.—We take the following from Messrs.
Gaddum, Bythell & Co.'s report dated Bombay, October 23.
Small eamiilee of Oomras and a few balen of Bengals have arrived in
our market, but the formpr can scarcely be taken to represent the crop,
being for the moat part not properly matured, whilst Die latter have a
suspicious appearauce. as though a good deal of old cotton formed part
of the compositloa of the bales. The weather has been very wet for
some days, and Is not yet settled at the time of writing, eitci pt in Bombay, where we have almost entirely escaped the rain-rather an nnusua
occurrence, as it irenerally comes to us first. In the Oomra dlstrlctl
some damage may be apprehended to the Hrst pickings, which are ilkels
to f how a sprinkling of dark leaf, but as we said in our last, it la muoy
better to get rid finally of the rain now than to have a second littlh
monsoon In December, which would cause Infinitely greater hurt. The
heavy fall in the Bhowuggur ilistriets has done nothing but good to the
cotton crops, which were decldidly in reed of some freshening moisturee
whilst from Broach also we learn that beui-flt will accrue to the plants;
through these last showers. T ikeu all round, the prospects for the
coming cotton crop continue to be very favorable.

The Bombay Company's (Limited) circular of the same date
says

Aletanana. Soypt,

(bales)—
To Liverpool.....

xlul

[Vol.

....

....

11.000
5,000

Accounts of the new Oomrawuttee crop are not so generally favorable
as hitherto; In the Bcrars too much rain has fallen, and in some districts
slight damage has been done. No doubt the crop will be retarded In
conseiiuente. but It line weather seta in aoon W3 do not think that any
damage o' importance need be apprehended, but the earlier arrivals
will probably show some dark lear. In the Dhollerah districta.where
some fear of drought was felt, owing to the absence of rain, there has

been a timely fall, and the prospects there are now much Improved. In
Guzerat rain has fallen, which it is expected will benefit the growing
Broach crop. In the Beng;il districts picking progresses apace, and a
full average crop of this description is looked for. The samples so far
received show slight stain and dark leaf, the result of recent rains, bat
later arrivals are expected to be free from these defects.

16,000 118,000 18,000 108,000 30,000 129,000

Total Eiuope

Crop Estimate of Ageioultural Department for November 1. We have received this week the full report of the
This statement shows that the receipts for the week ending Department of Agriculture for November 1. It will be reKov. 24 were 200,000 cantars and the shipments to all Euroie membered that in the portion telegraphed on the 10th inst.
the yield of lint per acre was omitted. That deficiency is now
16,000 bales.
Manchester Market. Our report received by cable from supplied, the pounds of lint per acre in each State and the
Manchester to-night states that the naiket is quiet for both total indicated yield in bales being given. The report says:
Tarns and shirtings, and that the demand for China is good, of" The old form of return has alo been kept uo, giving the number
pouaas per acre This has never been very s"tt sfaot}ory.
but for India poor. We give the prices for to-day below, and quires oalculitiOTi on the part of the correspondent, bales beiug as It rethe onlyleave those for previous weeks of this and last year for com- unit of measure practically known to the planter. Besides, while the
*

—

A oantar Is 98 lbs.

—

parison

was

1885.

1886.

Iv)i$t.

Ifl

d.
»7">8

Oct. 1 7>4

i»7%

d.

d.

7

8 73,6-711,8
1.1 7»9 «70b
" 22 73u-7ii,e

TTov. 5
••

"

Mid

8.

d

538
.Vl8
55,6
53l«

71a
7'»
7>s
7's
7»«

7^86 IH

73i6-7"i«

d.

d.

s.

A.

7

1»7

«8<>e

5

»8»8

h
»

8
8

©7
«7
«7
«7
«7
«7

8

n&H

i

8

713i„»8»,6 5

8

63,(1

778

5

8

5i«
5i8

7\

5

8

7B8

«8ia
»838
08l8

5 8
7>«a6 7'«
7>«06 71s 53ie 7llig«83„ 5 8
7i«»6 Tifl 58i> -\ nSH & 8

12 73,B-71i,a
19 73e ®8

s.

7«i,1»89„ 5
i

Ootl'r,

8>« Ihl.
Shirtinge.

<7<M>.

IwUC

d.

7

7ia»6
7Js»6
7'9»6

T^ «7»8

32<

Vpl

«6

7'al»6
7>8i»6

"
"

" 29

Oott',

8>« U>$.
Shirtingi.

82f Oop.

Bep.24

of lint were < ailed for, it has been shown that the actual return
in pounds of a certain traction of a bale, gross weight includedthe only kind of weigh", known t > the American planter, who gol^ pay
for the bagging and rope, and has it counted as cotton, though the tare
lsdi.%couut<!d on the oihtir side of the Atlantic. On this account It is
fairer to take the weight as gross rather than net.
" The returns of yield in November are somewhat lower than In October, and are given as follows: Virginia. 148; North Carolina 157; South
Carolina, 140; Georgia, 13.=-; Florida. 103; Alabama. 130; Mississippi,
175; Louisiana. 221: Texas. 200: Arkansaa. 14"; Tennessee, 167; other
States, 180. Average. 168 pounds gross. This Indicates a crop two per
cent smaller than that of laac year, say 6,438,000 bales.

pounds

:

«7
®7
«7

Mid
TTpldt

d.
1

A.

.V,„
51,
51a
S'la

2
2

2
2

54

lia
lifl

lis
lis
lis

f>M
53,8

On the basis of the above we have prepared the following
statement showing the indicated yield in each State
:

ftli

Pounds

5»ifl

Stales.
54
and Weaving Mills in India.—Through
Cotton Spinning
Virginia
he courtesy of Messrs. Lyon & Co., Bombay, we have re. No. Carolina
following statements of cotton spinning and weaving So. Carolina.
teived the
miUs working and in course of erection in India on June 'iO, Georgia
Comparison with the same date of previous years may Florida
1886.
Alabama
be had by reference to the second table
Mississippi..

" 26 73a

®8

. .

Approximate

I

,

Tot. Bombay Pi-sdoy.

Berar
Central Provinces
Byderabnd (Nizam's
Territory)

Central India

BenK» I'rcsidcncy ....
N. W. PruvR. and Oudh
Madras Prtsidenoy.
'J'ravancoi e

All others...

Total India.

Bales of

392

lbs.

Total

,

168

18,607,820

3,132,401,390

Bales.

14,710
349,080
501,520
839,000
59,680
746,730
930,250
457,450
1,541,930
690,680
235,410
22,200
I

6,438,610

1,388.773 12,068 44,111 1,369,039 391,1.54
312,165 89,1UU
310,024 2,567 10.C63

Jute Butts, Bagging, &c.— There is not much inquiry for
bagging, only a few buyers being in market, and these only
taking small parcels for present needs. Prices are easy, and

1,698,7S7 14,6:5 54,179 1,691,204 480,344
557
17,542
5,012
19.380
"406 2,850
65,597 .18,742
47,040

lb., 7J^c. for
sellers are quoting ej^c. for \}4 lb., 7c. for
moderate demand is
2 lb. and 8;^c. for standard grades.
stock have been
reported for butts. Some sales from spot

405
464

23,026

650
714

"858

6,372
2,981
2,925

355

3!',172

26.U36
227.916
£0,352
95,728
11,120

235

Uysore
Pondlcberry

175
221
200
240
167
iso

tpindCes.

Bombay City and sub's

1

,

Tennessee...

consumed.
Owls.

Up-oountry

Texas
Arkansas

amount of cotton

Ko of
ink«re UtHOted.

Louisiana

Poutids.

48,360
1,081,710
1,749,940
3,016,010
281.890
2,794,480
2,580,110
1,007,020
3,750,780
1,400,070
831,450
60,000

130

.

Acreage.

7,157,280
169,828,470
243.991.600
408.161,350
29.034,670
363,232.400
452,569,250
222,551,420
750,156,000
336,016,800
138,852,150
10,800,000

148
157
140
135
103

:

.COTTON SPINNINO AND WEAVING MILLS WOBKING AND IN COUHSB OF
ERECTION IN INDIA ON JUNE 30. 1886.

Production.

lint^

Per Acre.

'

'452

12,950
34,524
248,010
46,508
116,221
9,758

2,206

18,906

3,700
9,><64

70,860
13,288
33,206
2,788
5,4'

2,261,561 17,4.%5 74.383 2,'251,214 643,201

A

\%

made with more inquiry for parcels to arrive. SelUrs are
quoting 1 >8@ 1 ll-16c. for paper grades and 2(321^0. for bagging
qualities.

—

Shipping News. The exports of cotton from the UniUd
States the past week, as per latest mail returns, have reached
123,922 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegraph, and published in
With regard to New York we
the Chboniole last Friday.
include the manifests of all vessels cleared up to Thursday.

KOTKMBKR
__ _
H»w XORK—To

37. 1886.

THE CHRONICLR

J

Total bain.

Liverpool, per

»t<'aiuen> Arizona. 1.005

BrttitiiDir. 'J.07o...ntT of Brrlin. 1.425
Italv.
Oll>«T«. 1,496. ...Ucandinavia, 1,535. ...SUalee,

1.982
1,353

UniUrla, 435
Van U}ck,93-^
Hull, per eteamers Koonn, 1,349... Otranto, 2.433

—

To Bamborr, iwrateamen
....Roma, sll

Tu

Auatralla. 2.1 iS6

Wratpballa,

Market.

03

1.:

5.205

244

per steamera Noordland. 983

Waesland.

_l.j»34....

2.317

To Copenhagen, per steamer Hekia, 503
To Genoa, prr sleamprj Elysia. 710
Pameesla. 102
To Trieste, iier steamer Fnmewla 300
To Naples, per steamer Elysia. 195
IW OBLSam— TO Liverpool. per»teamera Architect, 4,462....
OoatalUoao,

500
812
300
1H5

?.00

Eiplorer. 4.500
17,102
BaTamiAH—To Liverpool, per steamars Anerley. 4,875. ..BostoD
City. «.5.^8
Cbelydra, 7,155 .... Richmond, 3,200....
Per bark Valnna, 2,851
24,639
To Kpval. per steamer Sjrlt la, 4,850
4,850
OBABLsaroK— To Havre, per barks Oebon, 3,000.. ..Melchlorre,
2,duu....Walle, 1,948
7,225
OaLTUTON—To Liverpool, per steameta QUro. 4.311
Haodalav. 4.721
9,0R2
To Bremen, per steamer Alice. 3.411
3 411
WtuinnToM—To Liverpool, per barks Jose Oinebra, 1,200....
Lydia Pesrhau, 1.272
2,472
MORroi-K— To Liverpool, per steamers Oaldo, 7,660.. .Kingdom,
6,240
13 905
9taJKma»m—To Liverpool, per steiimera Bwrowmore, 3,899.1.'.
Hova 8«otiaD, 1.624
5,573
To Rremen. per steamer Hermano, 1.529
1,529
To Antwerp, per stMMIMr Faze, 1,700
1,700
Bosn>!<-To Urerpool, per teameie Iowa, l,8&7
Palestine,
1.479. ...8aauu1a,SS....Vlnttnlao. 1.466
4.827
To Halifax, per ateaner UarroU. 3
3

To Yarmoath, iwriteemer Dominion, 50

50

VoMU..._..^..^..^..^. .._...
._....
iwrtioalarB of these hipmenta are

Tne

u foUowa:

12J,922

Botttrdant,

Annrerp,
Br'm'n Copt'- Oerxoa,

R'.!"?*.;:
«*lvaatMi.

Bali-

* Ham- Aoy. <f

LUtrueoL
TOTk. 1S.283

«ev

Bull.

Bam.

3.783

1.II6

burn.

Trietled faxi
Kttal. Naiilr: Tarm'lh Totai.

6.075

I7.103
S4,e39

3.061

27,624
17,108
29,489
7,225
12,473
2,472
13.905

l.3>,7

4.850

7,ns

•.0«S
•.472
ocfatk.... 13.900
BalitoBdn*
B,ftn

8,411

Wllmiiifft'a

BMMB> •*••

1,939

1,700

53

4,; 80

8,34111.015 8.611 1,307
^3 123.922
Baiow we add the eleanuioea this week-, at amal.
OALVBSToa— For Uverrool-Nov. 88— Steamer Brankelow, 6,318
Kov. 34— Bleamer UprtlngtoD. 5,335.
_ rvrTeraCtus-tlov. l9-ete*mer Harlan, 1,315.
OKLsaae-Por Liverpool- Ifov. 30-fllcamers Dehola. 3,615: West
Indian. 3.688.... Nov. SS-Btesmer Beo Pranelaeo, 5,101.. ..Nor.
sa-Bieamer Aredbo. S.03«.
ror Havrr— Mov. S3-8tcemer Helacsley, 5,007.
Tot Revel— Nov. 83- Bteeiaer Ocean PHnre. 4.400.
for Barrelona— Nov. 30— Bteamer Ponee de Leon, 6.44S.
Pot Urnoe -Nov. 82 Hteemer LeUmbro, 8.3S2.
Bataiisah— Por Liverpool— Nov. 30 Bteamera Benevolent. 3.126.. .Nov.
82—steamer I/mraatsr. 5391. ...Nov. 23-8leamer Handel. 5,631.
Per BreSMn- Nov. 20-8lramer Maharajah. 4.184.
OBARLBsroa— PteAntweriv— Nov. 19-8leamer Aitsiln Friars. 3i025.
WlUinioma— Per Liverpool— Nov. 22— Bark Haalx-t. l,40<i....Nov. 23—
Bleaaar Cveraet, 4.526; Bark Ueome Davie. 2.342.
MMVWJt— rar LiveriMol- Not. SO—Steamer Oellio Monarch, 5.200 ...
Her. 8S-B(eenier BrD<imbaaKb. 6.144: Ship Main>olla. 3,770....
Wov. 84—Bleetaer Maaeotte, 8,wS3 Bark Oatona, 3,696.
Per Ureraeol—Vov. 17—Bteamera Bnlearlan, 3,380; Cata8.788

bw

_

:

eenw—

lonia. 875.. ..Not.

Per

M-Bieaaier Pavonla.

1,1 10.

YamoMk- Not. 38—Steemer Dominion, 50.

BALTUtoaa-Por Uverpooi—Nor. aO-Steamer
fmiffhta the naat

JWmt.

wmk have been an follnwa;
rtta*.

*IS

BaTie,

Do

De

De

(an...

•ral. ilema...

Do

iu

5'l8

8,000

600

1.000

5»ie

10.000
2.000

10,000

00

2,'

12.000
2,000

Qnlet.

Quiet.

Futv.ru.
1

Quiet at

1-84 ad-

yance.
Quiet

Market,
4 p.m.

Steady at

l-«4 ad-

Market,
2:30 P.M.

vance.

Rasyat steady at
1.64to8-W partially
decline. 1-64 advan

Very

Barely

and

Firm.

steady.

steady.

Steady.

Steaoy.

Steady.

The opening, highest, lowest and closing pncee of futures at
Lrrerpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated,

C^

The prieet art aiven in peruse and 6Ulu, thui:
4 63-64<i.. and 5 01 mean* 5 l-e4d.

4.

Cms.

Tnea., Nov. !t3.

Orsn BIfk Low. Olos

Olos.

4.

Open H4«h Lou. OUu.

4.

4.

d.

4.

4.

807
805
SOS
BOS

November.. S0« 506 son 806
Nov.-Uee... 503 SOS S03 SOS
Dee..Jan.... S0» S02 60S SCS
Jan.-Peb.... 50< soa SOS SOS
reb.-Mar<!h 608 803 SOS 603

IS

S07 60A
8 05 604
808 6 02
803 8 0S
A04 604 808
606 soe 8 05
808
6 07
810 810 8 00
SIM 813 8 IS

Wednes.. Nov. -.44.

Thnra., Nov.

Opsa Btfh Letr Ota

Oym H<«*

Mar..apni.. SOS
April-May.. Sg7
.

SOS

Jnoe- July..

MS

May-Ions

BOS SO61SO6
607 'sot

8 07
8 09
8 IS

809|60a
SIS 8

4.

4.

4.

November.. 60« 80« 806
Nov.- Dee... 6 02 80* 601
801 SOI SOO
I>««.-Jan
8 01 801 BOO
Jan-Feb
Feb..March 808 SOS SOI
Mar.- Apr .. 6 03 SOI 603

Apr .-May

..

806

8011

63 msans

naB„ Nov. 32.

««I.. Nov. 'iO.

OpM H<«k

"t

4

4.

4.

4.

806
804
BOS
SOS
603
SOS
8 07
6 09
8 IS

£aw. Olot
4.

4.

607 6 07 807 6 07
60S SOS 60S 5

8(0
60»

6 01
8 01

5 01
5 03

60S
603
60S
6(6
610

606 605

May-June.. eoe 8 08 (07 807
808
Jane-July.. 811

0.-i

601
801

5 01

801
SOS
603 BOS
608 806
808 808
8 10 BIO
6 03

SOI
601
601

803
800
SOS
BIO

i.

FrI.,

3.1,

6 01

806

4.

4.

804 806 804
SOI 6 0S BOl
600 8 01 SOO
600 6 01 800
600 6 0S SOO
603 603 SOS
60S 60« 6 05
5 07 8 06 607
808 Sll 8C9

4.

4.

607 607 607
6C3 SOS 603
6 01 601 601
6 01 601 BOl
60S SOS BOS
604 804 504
80A soe sue
5 US 508 508
610 810 610

....

4.

507
6 03
8 01
6 01

BOS
604
806
603
8 10

;

The speculation in wheat has at times been quite active, bat
the efforts to advance prices met with only partial and tern,
porary success, to be followed by even greater depression than
before. This is especially true of the distant options, which
have been somewhat neglected. Foreign advices have been
fairly favorable, but

...•

....

options freely oiTered on foreign account.

ho

'.«

...-

...•

..*

~~^ itttLT OLOSntO PBIOaS op ho. 3 RID WTNTBB WHKAT.
Wed. Thurt.
TuM.
Man.
gat.
8d»8
8514
85^
S5«8
NOTSmber delivery
^
8.5''8
SSij
a
8«^
delivery
Oeoember
85's

••

•

•

•l.8tl

.*
•n»H
.••>

T«

•

—

IM>95S-

B)

*•

i
3

....

Hi-^

•»•»•

....

....

»H»'»«4 Tm«"m

m-"m
»».4»"4

•j»»»l«
»1«»'»1

100 the.

XMWwaoau—Bj oftbie from IiTerpo<4 we hare the foIlowlBg
iVor.

week
baler
Of which ezportera took ....
Of which speealatocs took..
Bales Amerloan
Bales of the

....

VNnrarded
9m eloek- Eatlmated
Of which American— Eatlm'd
Total Import of the week
Of whieb American
a m.Htf'aw

Ole<,

Pbidat. p. H.. November 26, 1886.

....

....

Ameoat afloat

611

The flour market has been quiet for the week under review;
The wet weather and the close holiday have naturally interrupted trade. Prices, however, have shown some strength
holders regard the position with confldence, and do not press

ht

•l.««»

m

8 09

BRE ADSTUFFS.

..~

•

Astoal ezporl

SOS
803
606

Nov. 3«.

Open Blah Lew.
4.

4.

6 09
6 0S
8 01
6 01

'is

'•S4»M I^M*** «.4»'« »S4«'4

.pl»l,.H

;«,<00

'is

fWssli.stsam...<. •at**i* •m«»is •«•».. •m»»is
»i.«'»» »l«»'it' 'K^'st .,.•7^

Of

Speo.&exp.

12,000

»l«

T»

r

8.000

.«.•

e.

d.

5%

sag'

.

'w

60*B5* 80855* 50»5S* 90»55*

4

san

Mid. Bales

....

laU....*.
e.

jlid.Orl'nB.

fit

(all ... e.

Do

Irrecnlar.

Tj.

>•••

h*

MMihnra, Meam. e.

AaMTa-m. steam

'u

....

ramaa.|iteam..e.

Freely
offerea.

53,8

T|«

Tie

a

Steady.

...

the statistical position proved somewhat
disappointing to the " bulls," and the scarcity and high rates
of ocean freight room checked the export movement. To-day
the market was weaker, and the regular trade dull, with

..—

...a.

tafl

FH
»ia

•aU...4.

Meaa

A-utay.

^le

UTWpooi, steam d »t.«WM

Do

TkuTB.

ir«fiM«

*I8

jroM.

Wedna nur$d'y.

Barely
Barely
supported supported

sales.

Siroeoo, 3.678. ...Nov.

23 - Steamer Oraamore, 2,778.
PMILAOaLTHiji— PorLlverpoot- Nov. 16—BteamerBritish Prince. 1,801.

Ootbm

Steady.

IjjiaOP.M.

Opl'da

8.752

4.n7

SMel... 89,818

I

Saturday Ifonday. Tuetday.

Bpot.

870

Oellert, 890.

ivutK-ntam, perateamer Lrerdam. 244

To ADlwcrp.

The tone of the Liverpool market for spots and futures each
day of the week ending Nov. 23, and the daily closing price i
of spot cotton, have been as follows:

12,283
3,782
1,116

To

To Havr«, per steamer La Cbampa^e. 1.116
To Bremen, per steamenSaale, 3^0
Werra, 550

641

a

60.00<i

4 00C
1.000
49,00c
10,000
11.000

345.000
170.000
88.000
67.000
317.00f
29H.P00

^or. 12

60,000
5.000
2,000
47,000
4,000
16,000
341,000
175,000
69.000
63.000
827,000
308,000

ITn. 19.

77,000
6.000
2.000
86.000
5.000
17.000
401.000
2:47,000

151,000
1:11.000

286,000
271.000

Kot. 28.

69.000
4.0(10

2.000
53.000

lannarr delivery

Febmary deUvory
Maydeifvery.....

June delivery

87'e
8t3e
9.Si«

BT'*
89i«
Ui^t

87'«
88X«
93J8

2
Z

S,

Sfl'e

S6H
92'8

94'e

Indian com has shown a disposition to cut loose from wheat,
with which, in the fluctuatioas in values, it has for some time
sympathized, without much reference to the fact that differ,
ent influences were controlling them. It is now quite appa.
rent that there is no excess in the supply of corn, and the
regular demand for export and home use, without speculative
To-day
interest, may be fully relied upon to support prices.
prices favored buyers, but the close was steady with a large
business for export.

4000

DAELT OlXiemO PBIOBS OP HO. 2 MIXBD OOBH.
Toe:
Wed. Thur$,
lion.
Bat.

20.000
4'<>>,000

313,000
17K.000
147,000
245,000
229.000

8779
8»>«
i)3\

Frt.

8t>H
85>4

November delivery

-16

46Hi

delivery
T^nuaiy delivery
Pebruary delivery
May delivery

4«39
47>«

4i;iig

JJcc^-inlicr

SO"*

47ig
48'»

51

4«J
47%

4059

460s

46''9

4« J.
60%

48
49
51

^
a
§
%
Q

Fri
461|

47

K^H

49i«
BO'S

THE CHRONICLE.

642

Oats hare been gaining strength, especially for prompt and
early delivery, for which the oflferinga are quite moderate.
Btill, buyers are inclined to move cautiously and the firmness
of prices has reduced the regular demand, and curtailed speculation. To-day the market was firm but dull,
DAILY SI^S:3(0 PB1CE8 Of SO. 2 OATS.
Fr
WeA. Thuri.
Mon. Tiim.
8M.
33I9
33 >4
33>4
>>
NoTetnber delivery
SS^s
33>a
.

December

33«8
34»8
SB's

(iKllvery

Janu»r}' delivery
Maj- delivery

33=a
34»8

3J»«
S***

3.1 "S

a
s

34'«

36*9
36%
Z&^
ta
Ry6 has been quiet. Buckwheat is stiadv. Btrley
and Bomtwhat unsettled; buyers and selleis are apart.
The following are the closmg quotaiiotia;

90»
2»9
7u9
409
Hinu. clear aiidatra't.
Winter Bliipp't! extras. 2 80»
XXX.. 3 409
Winter XX

V bW.

Pine

$1

Boperflne
Bprlug wheat extras.

2

2
3

<jt

Patent*

4 25l»

Boatbem snpers.....
BoUb'n com. extras

2«o-fl

ISO

3

33%

36>,i

dull

is

rtooB.
2 70 Boathem baker* '"•
family br rt^ $ bbl $3 50 »
2 90
3 10 Bye Soar, siiiMii'iiue.. a 15»"
2 303
4 50
Fine
3 30 Gorii mealWesteni, *<•...
2 30
4 65
Braudywlne
2 8>
500
3 00 B'ltwli'llloiu-,^ lOOlbs 1 y0»
3 35

Rye— Westeri

7S 9
85 e
34Hi»

Bprlng,per bn«b.

7.'i

;-

40

2

oft

2. new
Bed winter, tiu. 'i
Bed winter

BprinKSo.

7ft

—

58

»

Sift's

40

35>3..

White

3-^

No. 2 mixed
No. 2 white
Barley- Canada
Western...

L44i

37
..
80 « 88
S.j^s
70 i f-O
43 « 48
71
«0
46»«» 47^1
Two-rowed State
62 a 61
44 ® 43
8ix-roweilState
66 t 7 1
44 « 48
64 « 65
Peas— Canada
47 • 63
50 9
Buckwheat
45 O 48
t
The movement of breadstufts to market is indicated in
Statements below, prepared by us from the figures of the Ne^
first give the receipts at Wester i
York Produce Exchange,
lake and river ports, arranged so as to present the comparative movement for the. week ending Nov. 20, 1886, and sini e
July 24 for each of the lifist three years:

White

Com— West,

mixed

!

West. mix. Mo. 2.
West, white
West. yellow
WblteSonthein..
Yellow BoQtbern.

j

We

Corn.

Wlltat.

Flour.

MUctirtt atr-

^tuk.firi lbs

668.478
178,468
168,340
283,89b

908.487
34,520
70,492
61,027
19,500
28.%775
81,000

708,886
37,650
40,248

129,56ft

Chloago
MUwankee...
Toledo

85,284
8,6:i8

4.655

Detroit
CleTeland...
St. Louis. ..
Peoria

Bye.

BarUv.

Oatt.

Bwh.ax U» Buth.iBIbi

BbU.imilU Bwll.eetbt

MuhMl:
26,900
8,420

40,8f(l

371.916
147,970
6,100
24,311

35,000
132,110
145,125

4,000

149,165
10,200

1,000
18,863

2,737

16,870
2,868

69.500
88.853
7.160
906,873

Tot. wk. '»«

25l1,S00

2,363,542

1,439.401

1,135,000

Same wk. '85
Same wk. 'h4

248.764
278,000

1,4,-4,818

1,642,768

802,184
1,044,394

713,863
788,713
695,180

50,410
76,678
87,864

5,8;8

Duluth

mnu

JtUv
1866
1866

,

3,052,686

1,768,834

2,500

'ii

48.300,974

34,660,324

28,605.174

10,941,477

1,085,962

«,«94,U08

31,813.841

31.020,143

25.140.540

8.878.041

l,661,,'i23

3,686,805

57.851.248

29,521,766

26,305,737

7,111,098

2,957,082

8,447,206

1884

Philadelphia
Peoria

[ndlanapoUs
Kansas City
Baliii"'--*

no afloat
Miiiueaiioila
laken

oaual

71.800
94 ,3 9
75J,300

MlHHlHSlppl...

rot
r«l

1.127,479
1,.68,OuO

£arUu

Oals,

bush
130,004
21.000
39,445
193,229
59,165

bush.

btuh.

555,417
178.000
487,628
2,274
60,745
159.261
910,676
34 .',500
43,962

32,5.19

23,000
1,235

20,345
14,015
1,400
8.044
4.149

2,236

8,000

UluueapoUs and

Bt.

I

ri."13 5.ii4i,6iM)

..0

49,480
428,900

H,l O

59.551.1M 1'J.28».408 5.6.50,716

-.6. .'8.32. .54s
.V. •.l.-'ift. 5l.^;l.'i,t43

N.iv. l:i

N

r.ii.Nov. 2 1. '84138.17 9 ii>
I'oi. Nov. 24. H3t 32,251,158
*

256,536
100,311
52,500
140,i28
146,670

XLUI

5,3 1.930
315,0.-0

81. P.iiil

2ou

O

55
32

Oats— Mixed

86

86%
» 89

Boeton
Toronto
Montreal

2 85
2 Hi.

bush.

977,173
10.000
350,088

4,589,312
103,000
316,573
57,118
111,620
1,182.670
10,479
13?,250
421,H18
1,211,521

Tot. N'lT. 20, -86.
4

Com,

Wheat,
bush.

at—

Cincinnati

Oil

»

.^ bnsb

Btate and Jersey...

90

store

St. Lxjals

Ou
Ou

OBALH.

Wheat—

58

.(4
-

In

[Vol.

409,*1'2'.

4

2 H«6.6''3

>tf.731 2,.5'>7

4H

4,140,2 >: 2.966. 16 6<l»,627 .<i3>».Ot5
2 (.9 ',44S 2 4.'i.Ul >
4.22 .,.973, -2
8,s8i,165 o,98;,ubO 2,J«3,03d .>,.71,.27

Paul not lu<

liided.

THE DRV GOOOS TRADH.
Nbw Yokr. Friday, P. M.. N,)v, 26. 18S«.
Business in the wholesnie hranchea of the dry g.nxjs trade
wms BpHHiiK'rlic; and irrenuUr the a-t wwl-, ut Hit" market was
har.icierized "y ttif shiii- tirmiie s of tone rH(,..rtc.l lor guiiie
tiiueiwHt.
he »tiir.-a of ine wh"l s ile h "UHts were noi. oiit*ned
oil Moiiiiay iiirewpe t lo ihe iiiHiii..ry <if be Uto
uiiiil 11 .\.
ex Pifr.i(leiit. A'thu , wiio^.^ fuii.rHl t.Kik p ao-oii C'iai.'iHV,a'iil
ThU'-day (Tnaiilisiivirig D»> ) w .s a« u.sual ol-erved as a dose
h'liday. Tlif liemanil lur 'b^joi" »ioods lequ^red lor immedit- oii-trihiit on w,«i vtry li^ht, th-i near approach of the
's'ocjk-takiug" period bavins? caused joiib'-rs to limit their
purchases lo actual wants. There was however a fair inquiry
for certain descriptions of spring and summer fabrics, and
some good-sized orders in this connection were placed for
future delivery by buyers on the fpot, and with the representatives of commission houses and importers traveling in the
West and Southwest. Fancy goods adapted to the coming
holiday trade have shown more animation in jobbing circles,
but the general jobbing trade was comparatively quiet as
usual at this stage of the season.
Domestic Cotton Goods. The exports of domestics from
this port for the week ending Nov. 23 were 1,708 packages,
including 460 to Argentine Republic, 335 to Great Britain, 186
to U. S. of Colombia, 209 to Brazil, 122 to Uiuguay, 109 to
Venezuela, &c. There was a slightly increased demand for
staple cotton goods by exporters, and converters continued to
operate with a fair degree of freedom in some descriptions,
but jobbers bought sparingly and in accoi-dance with actual
wants. Prices of brown, bleached and colored cottons ruled
steady, and stocks are in very good shape as a rule, in spite of
Print cloths were quiet, and
the late lull in the demand.
prices have become easier and in buyers' favor, extra 64x61a
56x60s to 3c. Stocks last Saturday
having receded to 3%c,, and
and for the three previous years were as follows
'

i

<

'

M

i

—

—

—

:

The eceipis of floor and grain at the seaboard
week endeo Nov, 20, 1886, follow:
Ftour,

AtKew York

Corn,

yrheat,

iMs.
137,428
62,633

bush.

7,650
237,577

454,100 230,800
117,898 16,725
•••
40,218 34,039
122,462 126,000
18,638
4,532
46,445

Total weelt.. 332,481 11,615,826 1.166,529
week '85- 295,678 816,283 1,473,369

804,293 407,564
455,823 453,027

Boston
Portland
Montreal

.

....

984,250
53,670

.

•

24,229
20,124

151,675

Philaitelphla..

Baltimore

62,8.57

247,164
52,731
13,350

Bichmond

Hew

535,«50
168,367

.

Orleans..

4,973
20,235

112,9,-6

39,400
37,873
13!',712

Oor.

Bye
bush
10.100
1,093
•

••
78

3,600
2,770

3.8
18,001
19,000

from —

irew Yori.
Bostou. ..
N. News

Wheat.

Com.

Hush.
751,868

Bush.
310.118
109,004

Flour.

Oats.

Rye.

Bbls.

Bush.

Bush.

83.995
56,730

685

1.5",2O0

Montreal

201.420

73,l74

9,U)'i

3i',557

Pnlladei..

l«6,i>,;p

.'.7,131

Baltim'r<
H. Orl'nb

274,702

62,3

2,400
37,497

"ebo

li!

36,106

Blohm'd
lot. w'k 1X12,218
>me tim'

650,375

189,726

32,842

71,516

232,705

572,103

144,493

131,496

123,723

1886.

The visible supply of grain, comprising the stocks in granary
At the princijial points of accumulation at lake and seaboard
orts, and in transit by raU and water, Nov. 20, 1886 :
Wheat,
bush.

In store at-

ew York
Do aUoat
Albany
Boltaio

Oo

Oats,

Rye,
bush.

Barlei >
bush-

50,225

107,644

00

215,800
07,500
272,932

120,900
7,.l33

i8,T33

2l^4,426

3,280,306

979,397

133,727

417,836

3,803

669

277,101

53,728
21,469

37,814

80,(

7,.5O0

56.550

10,6.^5,242

afloat......

Milwaukee

Do

Com,

bush.
bush.
4,391,383 1,702,718

afloat

OMoaKo

Do

,

12,155.715
728,000
11.093
2,6a7,113

2,805,7S7

afli>at

Dulutl:
I>o

8,692,635

afloat

Toledo
Detroit

Oawego

4.022,090
1,629,854
i;5,000

82,940
21,544
120,000

20,

1886.

Held by Providence manuf'rs. 37,000
FhII Hiver maniitaocurers... 131,000
42,000
ProvideBce speculators
25.000
Outside speoulators (est)

Nov. 21,
1S85.

Ifov.

204,000
157,000
250,000

407,000

24,
1883.
125,000

3 21,000
320,0.(0

422,000
256,000

7.5,000

150,000

60,000

22,
1884.

jYot).

253,000 680,000 1,198,000
863,000
Printed calicoes ruled very quiet ia agents' hands, and the
jobbing trade was sluggish, but a very fair business was done
in plain and crinkled seersuckers, fine dress ginghams, fancy
cotton drtsa fabrics, white goods and scrim curtains for future
delivery.
Total stock, (pieces)

—

Goods. There was a steady movement
woolens in execution of former orders,
but the demand was almost wholly of a hand-to-hand
Desirable
character, and but moderate in the aggregate.
Peat.
makes of cassimeres, suitings, worsteds and overcoatioga are
generally firm in first hands, and stocks are by no means
Bush.
rebundant as a rule, Cloakings were mostly quiet, but a fairly
3,206
good bus-iness was done in plain and fancy Jersey cloths and
stockinettes and leading makes are largely under the control
68,316 of orders. Kentucky jeans and doeskins were quiet but steady
in ptici-, and the u<-mand for satinets was light and irregular,
For Sfasouible descrip'ions of all-wool and worsted dress
g.iods iher« was merely a li(<ht nand-to-mouth demand by

several seaboard ports for the week
ending Nov. 20, 1886, are shown in the annexed statement:

The exports from the

Xxporla

iVot!.

Stock of Print Cloths—

Barley,
bush.

Oals,

bush.

bush.

ports for the

410

16,237

25,300

530,400

Domestic

Woolen

in light-weight clothing

pi(;Kage Duvera, but sonie very fair orders for t-prin^ fabrics
were placed for later delivery, and some of the most popular
makes ate heavily sold to arrive. Flannels and blaukecs conliaued quiet, but, stocks are so well in han<l that prices remain
steady. Saawls, ssirts, wool hosiery, heavy undern-ear and
fancy knit woolens were in strictly moderate reque-t by package buyers, but leading makes are steadily held, Caroets are
very firm at current quotations, but the demand h is continued
light.

Foreign Dry Goods.— Aside from a few

sp-^c'al'i-'s

adapted

to the coming holiday trade, in which a fair nu-iness was
transacted, imported goods have been quit t in first hands,
ana sluggish in jobbing circles. Tiie mo>c ttipl; tabrics are
steadily held in this market, and advii^es from a^iroad indicate
that nearly all silk, linen, woolen, coitjn and mixed goods
are very firm at the principal sources of supply. The auction
rooms have presented few imp..ruut olferiniis of foreign
goods during the week, a large sa'.e of 40,0J0 cartons of
ostrich and fancy feathers (wlii.:h provei io be asuccees)
having b, en the chief ftaCure of iiiterest.

Noy2^BEK37.

THE CHRONICLEI

1888.J

%RukSfJ^nnhtvs nud
BANKS.
w Oookdj. A«»t. C«»h.
Quo. STrson. fn^u
North-Westera Nat'l Bank,
CHICAGO, ILLINOIS.
Sorplns, $S0,000.

nto Baak hold* In vldltion 11.000,000 U. 8.4 per
MatBoadaU pu^lplMKed bj lU Kocktaoldsn for
procaoUoa of lu oaatanan. Said twnda^ u«

&

Narr
Ho. 437

WESTERN
ESTABLISHED

Gerlach,

ExchaDKes.
Cable Tranafera, BilU of Kxchange and I<ettan of
Credit.

W.

E.

WuxuM C. OouxwKix, Ca>bl«r.

&

Clark

BCFFAIX), N. Y.
baa aoparlor faeUltlaa for makinx oollectloaaoB all aeeoalbla poinu In the Uniied 8utt«s.
Caaadaaad an>pa, lllbaral tamu ext«adea to ao•oaaU at baakar* aad nwvhata.
„
OouuavoxuBXTS.—Naw York. National Bboa »
~ i ; Unloa Bank of l>ndun.

BANKERS AND BBOKBRS,
3fi Sonlh Tbird St., Phlladelptala.
Railroad, Mnniclpal and other desirable iDTeet*
ment Securities for eale.
TntDsact a Kenera) banking baslneaa. Allow Intereat

Thu bank

,

P. A. WiUT, Caahlar.

W. T. BI.ACKWUJ., Praal.

of Durham,

The Bank

DtTRHAn,

C,

N.

to CollectlouB.
riR8T.C1^88 rACILITIES.
Kaw Tork CorrwpuodrnU.—The Natluaal Park Bank
and »aT«Bth Ward National Bank.

P«7 Special Attention

Commercial National Bank,
aOL'STON, TEX.4S.
Collaeiloaa raeatra oar apaelal atttntlon and ara

HDtaKly rcmlltad

on deposits.

Members of the Philadelphia and New Tork Stock
Kxchangea. and connected bj priTate wire with New
York.

SHOnUKIK.

JOS. M.

Jos.

HOBXBT M. JAlCaiT.

M. shoemaker & Co.

BANKKR8 AND STOCK BR0KBB8.
(fo.

PHILADELPHIA.

Humphreys Castleman,
BROKER AND DEALER

IN ALL KINDS
SECURITIES.

New

York.

Reference Atlanta National ffmk. Atlanta, Ga.

Rea

& Co

Bros.

,

W.

Wood

Street, Pittsburg,

if.

•

•

fnmt* attaatioa aiTaa

to

all

Pa.

MEMBERS
York and Philadelphia Stock Exchanges.
Pltuborg Petrolenni, Stock and Metal Exchange.
Private wires to New York, Boston. PhUadelphIa,
Baltimore and Waahlnglon.

llepablic.

First National Bank,
WILm.MVTON, N. C.
aiaila

oa

paru nf (ha Pnltad

all

E8TABL1SB(0

RICHinOND,

Bi aronptraCBnia.
"^
'

JOII9

C.

P.

BKASrU. Pmldent.

BALTIMORE.
Wilson, Colston

Ruction

ipaljes.

STREET,

&

Co.,

The Undersigned hold RKUin.AB

SALES

aollclted

1

and Information fsr-

A Co.

o»l
INKSllAYS AN^^ATlfl^j>AprS.
WKDNKSl;
No. 12

OUtMTAHLE

^atm

STREET,
BALTIMORE,

KOKKUiN BA.VKINO BU!«INBSS.

Honda.

in|]L.I.KK
SON,
PINE 8TRKET, NEW YORK.
Ul Il.niNO.)

movtoaflCB.

SOIJJTH

EQUITABLE

TRANSACT A OK.NKRAL DOMESTIC AND

|»«al«n In .liunlrlpal. State, Ballroad

A

kN
ADRIA? H.

Robert Garrett & Sons,
BANKERS,
T

AUCnOH

of all olasMM of

NA
STOCKS AN^ RONDS,

SUUTUERN SECURITIES a

N. Y. Correspondenta— McKlm Brotben

No.

OP THE MEW YORK AHD
BOOTOM STOCTK EXCHAKOEB.

and BONDS
At Auction.

STOCKS

HAN'KERS AND BROKERS.
(Membcnot Kultiniori-Stix'k Kxoliunt^),

mpMf

irnltrd Ntatea

Co.,

Prlrate wires connnctlnc with Washington, Baltimore. Philurtelphia and Nf w Vorlc.
New York crrfsp'jnd.snla. I'rinct? A Whitely.

FOL'KTH AVKNCE.

OMTaapondenca

BOSTON.

and

Stephenson,

BALTinORB.

HANKERS,

If

&

State bank Buii.uino.

Oldes: l*ltt«borKnienil.cr« N. T.sliK-lt Kichanite.

(IirVBSTME.VT anJ

Estabrook,

No. t< COIMVRKMS

Branch

RICHinOND, VA.

1S71.

Soatbara polnu on bait

MEW ENGLAND.
Brewster, Cobb

&

W.

gtatea.

KKtr. R. -oirr. Vica-Praa't

F. Ol.«!«». ''a«b.

VlRCillVlA.

Clrcnlars and information on fundinttthe debts of
Tlivlnlaand North Carolina free of cost; on9-e4«hth
per cent charged fur fundtns. Southern Kallroad
ftod State and City Bonds boUKot and sold.

BANKERS ANo:BROKERS,
No. S7

BICIUiONO, VIBOINIA.
all

&

Whitney

HSBCHANTS* NATIONAL BANK,
oe

A

THOMAS

BRA]\X;H
CO.,
BANKERS AND COMMISSION MERCHANTS

PITTSBCRO, PA.

* Trmdan'

A. K. WAt.K«B,Caalil«-.

LB.Btnuicu.PrMt.

Patterson,

BANKERS AND BHOKERS,

- • 9300,000
bnalnaaa In una Una.

T.^»««ais>!<DBKTa.-lnipoftar»'
I B.ok and Nailnnal Bank >•( the

H.

BOND AND STOCK BROKKB,
ATLANTA, GA.

wire.

BANKERS AND BROKERS.
AND DEALERS IN FOREIGN EXCHANGE.

435

and Fourth National Bank. New York.

LITTLE ROCK, AKKANSAH.
OBPIMI (•'Idlu)

07

Bonds and Stocks boujrht or sold on eommlssloii
GeorKia and Alabama Securities speciallj dealt In.
Correspondents; Tobey A Kirk and A. Datenhofer.

State, Citr, R&tlroadand other Corporate Securities of Southern States wanted and for sale at all
times. MortKatre Loans on city and farm property,
two to ten years, paring six to elKht per cent, furnished. Prompt replies to correspondence, mail or

New

German National Bank,

ATLANTA.

SOUTH THIRD STREET,

IS4

ror.

«.

sale.

:

Caahlar.

noa-Praat.

PraaWant.

from four to eipht per cent, for

SOUTHERN.

'

«S00,000

CAPITAI.,

Co.,

Defaulted Bonds of Missouri, Kansas and Illinois
a specialty. Good Investment Securities, parloff

Co.,

No.

Buffalo,

&

STBKET, 8T. LOUIS.
Dealers In YVestern Secnrlttes*
809 OIaIVB

PHILADELPHIA.

SJrwnT. Praa. Jobiah JiwBrr.V.Praa.

1871.

Keleher

F.

P.

CHESTNUT STREET,

Member! of the Philadelphia and New Tork Stock

M
ajaat aod azeewlTe local taxation.

Bank of

of ^cxu IJorli.

BANKERS AND BROKERS,

pSSlaad aaaboT*. Inataad of baliMI haM by the Bank
a pan of lU l««al (orplii*. to aTold what we think
.-

©wt

IJroluevs

PENNSYLVANIA.

F.

ftflfT-', (SOOtOOO.

Vii

Mortgage Company.

WE!»TERN.

CBAMLka n.8niu>o».J»
Wii.»>i-H,
iBijAaiii A.JAcaaoM.WiJJJAii Bikkcy. Jr.

..CAPITAL (600,000.

ioaBTA

H. Poner & Co.,
Wilbour, Jackson & Co., Chas.INVESTMENT BANKERS,
O AND 7 PEK CENT
BA.SKKKS AND BHOKKR8.
CLEVELANB, OHIO.
eCABANTEED FARM MOBTGAGES,
aPKCiALTin:
WBITBOMET STBKBT,
Mo. ft

PROVIDENCE, R.

BONDS,
TOWN, CODNTY AN II CITYMINI.NQ STOCKS,
LAKE 8UPKB10K IRON
AND STKKKT KAII.KOAD SKCCRITIB9

I.

Paper. OoTamment and
and Mcnrltlas and Kurelgn

Tiaanii In ri.mmercial

*
Mharim-

Ikitida

laC Talaaraak wire

in

New York and

Boatoo.

Samuel G. Studley,
COVMISSIUN STOCK BROKER,
Ho. 4 Exrbanse Place, Boom Ko. 4,

BOHTON, MAM.
MWBBB

or

llf>»T )N

STOCK BXCHAWOB.

Jcseph G. Martin,
HTOrK DROKKR,
AMD DEALER

U» IN VKcTMENT SBCUBITlltS

H«. 10 !•«• Mrc«t, Boston.

&

Lamprecht
Ho. IS*

Sros.
Co.,
B aNK ER8,
»4;PKKIOK STREET,

CLEVLLAM), OHIO.
Tvmnaaet a Keoent> bMnkina baslneaa, and

INTll^VN. COLN'IV

AMI

<

ITY

Bl>.*(D8.

DEAL
LIsU

and orlces frrnlshed on applluaflon. Write as If joo
•rUh lo bu' or r«ll. Ileier. 1.7 permlmlon. to Soofetj
:ru.Mo.and National Baniu
for MaTiiv.^'i"!"*
of l^leTeiaiK*. 'Ibio.

N.

W. Han is & Co.,
and BOHTON.
CniCAfiO

of Cciuntlf..
•i.«olalt]r.

('i(u.<%.

Ac. of hyh grade a

HrndlarDeacrirtlve

l^iat*.

Prlnclnal and Intere't (rnamntced
01 the olBces 01 the Company.

and payable

any

H'way, Hosios. '.t3Coart8t.
11. lO-lto^, Man'ger.
CbL.":Ko»ler. V P.
41b HI., KnnaaaCIIT, Mo.,
Phlln., 11'.l M.
ATery. Gen. Man.
C. B. WUWneon. Man'irer. J. C.

Kew York.-.tOH

6%

8%

7%

The Amrrtoan In»«-liii4-nl lompnnT, Of KmniMsburii I""". ""•> - '•I'l-ui' capital of 8600,inrplua IPY.VOOO. "Ifers drrt MorMajfO
oSo.

« per cent 10InfJf.-- fully •"umoli-rd. AK..percent of flrat
Jear )el«!Ul" I. B..nd,.e nr.d by 105
Jlorti>«f loans held In Iru-t liy tho ,tl<-rrnntlle
"'
f"'"" I-''
!?'=^""',<','5
TruM <•••.. ^. »• ur.drr .ne ycnr. « lite f<.r full
deposit f..r lH.rl.Mls
Information and r feronces tu l..j company at ISO
'•

'',"'.!:'

i

Vlc«-rrei.id<jut;au

'

Ooneral Manager.

ITHE CHRONICLE.

Tfii

^arm

^tnst

^0vtd»djes.

INVEST THKOi;«JII TIIK MOUND AND
WESTERN i AltM MOliTGAUE CO.,
LAWUKMCt. KAK.

....

M. Perkins. PruB't.
L. H. Pkbki>"', Sec.
ITp Capital,
S-J30,000
The choicest fcirst MortKHge Farm L«.ati8. alwo the
CompHiiy's Ten Tear Debeiif urps. haHwl upon its
paid up capital and assets or i.Tt^r m50,OC-0. N(» Utsses.
r.

Paid

EJeven years' experience, with absnlute satisfaction
tooTer i.&OO Investors. Send for circulars, f onus and
full

Branch

Information.

New YorkURIce

Albany.

Hroadway,

UlNE A 80N, AgenU.

Farm Mortgages
In Suns of $100 and UuTrards en In
di aiia a nd Ohio Lands.
HOTHINO BAFKK. Al-WAYP PKOMPTliT PAIJ
8BND FOR PAMPHLKT.
JOS. A. inooRE,
t4 Iteat market St.. Indianapoll*« tnc

©jjmpatiljes.

&

Mercantile Trust

Deposit

-"sTN 1887
i

A WKKKI.Y MAGAZINE,

A LEGAL DEPOSITORY FOB MONEY.

rent at j^iO to I LOO per annum in their
new and elegant chrome steel FIKE AND BlIRGV.AH-PK<><JF VAULTS, protected by Improved
Time l^cks.
„
Wills kept in vaults without charge. Bonds and
Stocks. Plate and all Valuables securely kept under
guarantee at moderate charges. Paintings. Statuary, Bronses, etc kept In flre-proof vaults.
t«i

THK: living

entertt uixtn it» lorty-

it gives flity-two numbers of
stxty-four pases each, or more

than

THREE AND A QUAKTBR
THOUSAND

Accepts the transfer agencyxnd registry of stocks
and act s as Trust ee of mortgages or corporal ions. Takes charge <.>f property, collects and remits Intercftt and income promptly, and discharges faith-

steel doors)

AUK

cess.

Authorized to a<;t as Executor. Administrator,
Guardian, Receiver, or Trustee, and is

fully the duties of every trust known to the law.
Money rec- ived on deposit. All 'i'rust Assets kept
separaiefrom thoseof the Company.
Burglar-proof y^afes and Boxes (having chroTt-e

J-

fuorth year, having met with ocmtlnuuus oommenduliun and suo-

9.100.000
S'J,000.000

Cnplinl,

27, lti86.

Littell's Living Age.

BALTinORE.
Anihvrlxed Capital,

November

'gnhlic^xtions.

COMPANY. OF

N. Y. City and

offices In

Mfl

C. a.

I

double-colutun octavo ptiges of
reading mutter yearly. It preBents in an inexpensive form.
Bc'oriBlderlng its great amount of
,

its weekly issae,.
and with a completeness nowhere else attempted,
best Kssays, Reviews. Crlicisnis. ^erinl and
bhort Stories. Sketches of Travel and Dis-

matter, with Irt'shnef'S. owing to

Tbe

covery. Poetry, J'cienttflc. Biographicali
Historical and Political inlormatlon,
from the entire bodv of Fnr*>iKn
Periodical I-iteratnrp, and
from the pens of the

...

,

Real Estate MortKases on City
and Farm Properly, worth two
to four times amounts of mortKaKes. interest ti pi-r cent to
7 per ceut, principal and Interest absolutely guaranteed. Becurltles for guaranty held by the
American Loan 4 Trust Company, of Boston, .Mass.

NORTH-

WESTERN
GUARANTY
LOAN CO.,
MINNEAPOLIS.

Send for circulars to

Fald-Up Capital,
SttOO.OOO.

N£HER & CARPENTER.
Bankers, TroT, N.Y.

Authorti'd Capital

Eastern Managers for

^St,000.OUO.

Com pan t

20 YEARS ^''^^^J^'^"
^™ ^^
MONEY ON
LENDING

fARMS.

NO

C. E.

ILLINOIS

LOSSES. Seno for

C.

&,

List.

Peoria,

AND

611

613

DIRECTORS:
Louis McLane,
Spence,
CbrlstianDevrlea Robert Lehr,
C.Mort'n Stewart W. A. Tucker,

W. W.

Co.,

ThMS

from

thot^e of

the

Company.

Burelar-Proof Safes to rent at $5 to $60 per annum.
Wills kept in vaults without charge.
Bonds, Stocks and other vuiuables taken imaer
guarantee.
Palntinpn, Statuary, Bronxes, etc., kept in Fire-

Proof Vaults,

Money

received on deposit at interpst.
Pres't. JOHN G. RKADING. V.-Pres't.

JAS.I.ONG.

MAHLON S. STOK R^. Treasurer & Secretary,

D. R, PATTERSON, Trust Officer.
DiBKCTOHS.— James Long, Alfred 8. Gillttt, Joseph
Wright, Dr. Charles P. Turner, Vi iiiiaui 8. Price.
Monroe, W.J. Nead. Thomas R. Patt«n,John
John T.
JGReading. Wm. U. Lucup, U. Hayes Agnew. M. D.
Jos. I. Keete, Robert Patterson, Tbeodt.r C, Kngel,
Jacob Nayler, Thos. G. Hood, Edward L, Perltius,
William Watson, Philadelphia; Samuel Riddle,

KII>J-)LK, Pa.; Dr. Geuige W. Reily, HakhisPa.; J. toimpson Africa, Hunti>;gdon; Henry
Eckert, Rkai>i>'0; Edmund S. Doty, UifflinTOWN W. W. H. Davis, Dotlestown R. E. Monai^han. Wkst Chfst>i:r.

Glen

BUUG,

8.

Of

Union Trust Company
VmW VORK,

OF
73

Broadwa J,

CAPITAI,,

-

8UKPI.i;S,-

cor.

Rector St., N. T.

......
......

Capital

A LKGAL DKPOSITCKY FOK MONET
Accepts the transfer agency and registry of stocks,
and acts as Trustee of mortgages of corporations.
Allows interest on deposits, which may be made at
any time, and withdrawn on flye days' notice, with
Interest for the whole time they remain with the

company.
For the convenience of depositors

this

company

also opens current accounts subject, in accordance
with its rules, to check at sight, and allows interest
Dpon the resulting dally balances. &uch checks pass

turough the Clearing House.

B. T. Wilson,

Wm. F.UuBaell,

TilUbTEES:
James M. McLean,
Ambrose C. Kingsland,
James U. UgilTie,
8. T. Fairchild.

C. D.

Wood,
James N. Piatt,

1.

D. C. Hays,
James Forsyth,
George Cabot Ward,
E. B. Wesley,
D. H. MoAlpin,
Qeoree B. ( arhart,'

Henry

stokes,

U. Frothingbam,
George A. Jaryls,

,

is

and

la

a legal depository for moneys paid
antnoriied to act as guardian oi

tual progress of the time, or to cultivate in himsell
or his family general Intelligence and literary taste.

Arnold, ID. Willis James,
Thos. Slocomb, JohuJ.Astor,
( haries E. Bill,
John A. Stewart,
Wilson G. Hunt, S.M.Bucki'gham.
Wm. H. Macy, jH. E. Lawrence,
Clinton Gilbert, ilsaac N. Phelps,
Daniel D. Lord, lErastus Corning.
Samuel 81oan,
S. B.Chittenden,

Anm-sa

Samuel

Kobert Lenox Kennedy, Geo.

C.

Scbell,

Barger,

Maguuo.

EXECUTIVE COMMITTEE
Wm. Whltewrlght,
G. O. Williams,
James M. McLean,

B. B. Wesley,

J.B.Johnston,,
O. C. Hays,

C.D.Wood,

EDWARD

A. O. Klngsland.

KINO,

President,

JAMBB M. MCLEAN, First Vloe-Prest
Vloe-Prest,
JAMES n.OQiLViE, Second Vlce-Prw>t.

A. 0. &0NAIJ}8UN, Becielar/.

u

Robt.B.Mlnturn,
Geo, H. Warren,
George Bliss,
William Libbey,
John C. Brown,

1

The Brooklyn Trust Co.,
Montague and Clinton

Sts., Brooklyn, N.Y.
authorized by special charter to
act as receiver, trustee, guardian, executor or adminIs

istrator.
It can act as agent in the sale or management of
real estate, collect interest or dividends, receive re-

gistry and transfer books, or make purchase and sale
of Government and other securities.
Religious and cliarilable institutinns. and persons
unaccustomed to the transaction of business, will
Qnd this Company a safe and convenient depository
for money.
IIIPLKY ROPES, President.

EDMUND W.COKLIES,

Vice-Pres't.

TIIUSTBES:

JoslahO. Low, |E. F. Knowlton, H'y K. Sheldon,
Alex. .VI. White, John T. Martin. C. D. Wood,
A. A. Low,
[Fred. Cromwell, Wm. U.Male,
Alex. Mci ue,
Ijohn P. Rolfe,
Ripley Hopes,
Mich'l Chauncey,|E. W. Corlies.
Abram B. Baylis,
Wm. B, Kendall.lH. E. Pierrepont, H. W. Maxwell,
Jamf;s R08S CUKHAN. Secretary.
C.

CoLToN. Asst.

Sec'y.

THE
Provident Life & Trust Co
OF PHILADELPHIA.
Incorporated Third Mo., 22a. ims.

(CHARTER PERPETUAL.)
¥1,000,000

CAPITAL

ASSETS

$15,621,530 63.
INSURES LIVES. GRANTS ANNUITIES, RECEIVES MONEY ON DEPOSIT, returnable on de-

mand, or on which interest Is allowed, and is empowered bylaw to act as EXECUTOR. ADMINKS'TRA-

TOR, TRUSTEE, GUARDIAN, ASSIGNEE, COMMITTEK. KECKIVEK. AGENT, etc.. for the falfh.

performance of which Its capital and surplus
lund furnish ample security.
All trust funds and investments are kept separate
and apart from the assets of the company.
The income of parties residing abroiid carefully
ooUected and duly remitted.
fui

SAM'L

R.

SHIPLEY,

President.

WI8TAR BROWN, Vice-President.
ASA S. WING, Vice-President and Actuary.
T.

J. I'arker,
l*'.

Vlce-Pree'

Edward Cooper.
W.Bay'rdt utting
Chas. S. Smith,
James Low,
John H.Uhoades.'Wm. Rockefeller,
Wm. W. Phelps, Anson P. Stokes. Alex. E. Orr.
L.THORNELL. Secretary.
I.dlll-' O. HAMPTON. Assistant Secretary.

FREUJiKiCK

Metropolitan Trust Co.,
Mlllo Building,

35 Wall

8t.,

PAID UP CAPITAL.

OPINIONS:

DEPOSITS,

TIWSTEES:

This company

furnittbes,

therefore ndispensable to every one
who wishes to keep pace with the events or Intellee

JAMES S. CLA^K, Second

Cor. of

I.ivins Age, Jormtnt /our large tJOlunw* a
from the great and generally inaccessible mass of this literature, the only compilation
that, while within the reach of all, is satisfactory In
the COMPLETENESS with which It embraces whatever is of immediate Interest, or of solid, permanent

The

1/ertr,

value.
It in

and females unaccustomed to the transaction of busl.
nesB. as well as religious and benevolt-iit institutions
will And this company .1 convenient depository foi
President,
JOHN A. STEWART, Vice-President
money.
WILLIAM H. MACY,

HENRY

ablest and moNt cultivated Intt'llectai
department of Literature, Science, Polltics and Art, And expression In the Periodical Literature of Europe, and especially of Great Britain.
In every

$6,000,000

ALLOWED ON

''""iNTBBBST

C. Vanderbllt,

G. G. Williams,
R. O. Remsen,
J. B. Johnston,

Edward

street.

which may be made at any time, and irtlhdrawn afiai
Bve days' notice, and will be entitled to interest foi
tbe whole time they may remain with the company

A. A. Low,

Kdward King,

John B. Hurst,
Stewart Krown,
W. H. Blackford,

TORK.

and Surplus,

Sl.OOO.OOO
$2,U0U,U00

IIAuthorlied to act as Executor, Admiaistrator
Guardian. Kecelver. or Trustee, and Is

V7m. Whltewrlght,
Henry A. Kent,

ySW

FOREMOST LIVING WRIIEES.
The

,1ohn (JIM.

r>*'fr.rf1.

No. 49 IVAIjI.

;

:

Sec.

United States Trust Co,

— an. H.
$1,000,000
AnthorUsed Capital
500.000
Pald.up Capital
AdmlDlstrator, AsslKnoe. ete.
Acts as Executor,
imd executes trusts of ever; description known to

All trust assets kept separate

&

Robert Garrett. Jas. Carey Coale, E. A. Jenkins,
Chas. D. Fisher, Oliver A. Parker. Bernard Cahn,
Geo. P. Thomas, W. H.Whilridge, J.Willcox Brown,
O. H. Williams, J, A.Hambletou, Alex. Frank,

CHESTNUT STREET.

tbe law.

Treas.

EUecutors, administrators, or trustees of estates

^rust Companies*

The Union Trust

Vice-Pres't.

into court

ill.

L.C.FISCHER

W.W. SPENCE,

President.

This compan

M.ANTHONY.

Bankers.

JOHN GILL,

New York

"

To our mind THE Living Age has no equal, and

we cannot see where it could
tUm lit Work, Niw York.

be improved."— Chris-

" To have it is to hold th e keys of the entire world ut
thought, of scientific investigation, psychological re•
search, critical note, of poetry and romance." • *
••
It has never been so bright, so comprehensive, so
diversified In interett, as it la to-day,"— &iston Traveter.

" It contains nearly all the good literature of the
time." * • • •• There is nothing noteworthy In
science, art, literature, biography, philosophy, or
religion, that

cannot be found

in it."

its

"It

i*

monthly rivals. "—.411kii'V

Jririis.

Ti-ibune,

"It is one of the publications that intelligent peoi'rom its
practically indispensable,
pages one learns what the world is thinking about."
* "It is an eiluration in itself, as well as lUl
eijtertHiment."— ffiirt/onl Ctmrant.
"Through Its pagi^s alone, it is possible to be as
well informed in current literature as by the perusal of a long list of Uionthlies."— PAiJuiitiij/ita Jnple regard as

01/ ir r.

"The subscription price Is slight in compari.on
with the miissof the best current literature which
It brings with it in its weekly virits." • * • "In fact,
a reader needs no more than this one publication to
keeplim well abreast of Fnglirh peiiooical literar
ture,'"— iS'tind.n/-6'c'<ooi Timts, PliHadtiphia.
"Foiemost of the eclectic pelioaical8."

World

" It furnishes

— JV.

T.

^.

.
a complete compilation of an indis.,

,

pensable literature."— C'fticaoo ti>f i.itie Jourjial.
" It enables its readers to keep fuilj abreast of tbe
best thought and lUerature ol civilization."— CJiHsttidnAUvooite, Pittsbura.
"It is aiisoluiely without a rival. Coming once a
week.it gives, while yet fresh, the pr. auctions of
the foremost writers of the day." • • + *• Es^ay
and review, biiigrn pay, travel, science, fiction, poetry, the best of each and all is here placed within
reach." Morureai (jazette,
"It saves not only time but money."—P«i.(I«

Churchman, Sun Fruncuco.
" It keeps well up its reputation for being the best
periodical In the world."— ilorniny ^ar, Wilndngton,
-i
X. C.

Published WEKKi.T at »8 a year, free of postage.
tar TtiNEW siUBSCKlBKKS for the year IbST,
remitting before Jan. 1, the numbers of IHeti issued
after the receipt of their subscriptions, will be sent

^_

Drutls.

,

Club Prices for the best Heme and
Foreign Literature.

l

Possessed of The Living Aov, and one or other
of our vivacious American monthlies, a subscriber
will and himself in command of the whole situation."
["

— PWJ/'di'il)/ii<i
F'orliO

50.

Atit;

^

"

JS'intiwihilieltn]

TUK Living

1

and any one of tbe

H Monthlies tor Harper** Werklu or JJazar)
sent for a year, post paid; or, for *u 50, Taa

American
will

be

hivina AQg and the

.^t.

Siclujiwi,

Address,

LITTELI. & CO., Boston.

$1,000,000.

or transfer agent, or trustee for corpora-

and execute any legal trusts from
persons or corporations on as favorable terms aa
other olmilar companies.
tlons,^and accept

THOMAS HILLHOnSE. President.

FREDERIC D. TAPPBN,

WALTER J.

•

"It mav be tiuthfully and coidially said that it
never offers a dry or valueieas page.'"— AfttJ I'ork

Designated as a legal Depository by oi'der of Sn.
Receive deposits A money on interest,
tlBcai

*

appear in it in their best moods." • • • "The
reader is kept well abreast of the current thought or
the age. "—Bo- ((•« JourmiL
"It is edited with great fhlll and care, and its
weekly appearance gives it certain advantages over

preme Court.
act as

•

a library in itself."— The Cliurchman, Kew lork. \
"Nearly the whole world of authors and writers

Vice-President.

BBITTl.N, Seoretarj.

George

Eustis

&

~
B AKK JtBB.T
CINCINNATI, OJU

Co.,

KOTEMBKB

THE CHKOJNICLE

37. Iti86.]

%ns\xv^nce.

IX

lusttranjcje.

The United
IN

(OKGANIZKD

IN

&

York.

BURFO&D, Pi«aldent,
a P. ruAi,Miaa, aaCr. A. Whulwriqht, Aut Sao.
Wm. T. Stakden, Actnarr.
AU the proflta belong to tlie Pohcr-taoldera exdna. H.

JanowT

AU

23, 1888.

And aU

CAMTAg, FELTING DDCK, CAB
COYBBINQ. BAQOINO, RAVIENS DCCK.SAH,
TW1NK8, 4C., "ONTARIO" 8KAM1.B88
BAOB. "AWNINQ BTiUPB&

•a IM

CNtTED STATES BUNTING
A toll supply, all Widths and Colors, always
No. 109 Dniuie Street.

One month's grace allowed in the payment of
Premiums on Tontine Policies, and tan days' grace

1,339,525 10

oo ail others, the Insurance remaining In full force
daring the grsoa.
Absolute security, combined with the largest liber.
aJity. assures tbe popularity and success of this com

95.196,143 70

pany.

PtMDinma marked OS from 1st
Xanoarx, 18S5, to 31at Oeeem-

GOOD A0KNT8. desiring to represent the Company, are inrlted to address J. S. OAFFNBT. SuperI Dtendent of Agenclea. at noma Oflice.

»3.770.09* 8

bcr, 1885

naa— paid durtnc the same

MANHATTAN

91,915.020 67

9776.712 42

Ika Oompaar baa the fttUowloc
Uttad Btaiaa awl Btata of Now
Tock aiook. Cttj, Bank and

156

1.488.60

BmI «*!• and Clalma doe the
530,000 00
1.608.148 53
238.897 ttS

aak in Bank

„

AMOOat

tiie

ft

of

No.

(HANOTEH BOUARB.)

JOSEPH CI LLOTTS
STEEL PENS
EXPOSlTIOH-1878.
GOLD MEDAL PARIS

©0tt0tt.

>« ASBURANCt InlHSS
OlT8TANI>i.NO ARHrHANCI

MA.On.RTS 00
7,ia4.HM<Oft
C8.21 1.175 i<3
i8.09o.u5a IJ

Total paid
Paid Polloy-IIulden >lace Organisation

IKCUMI

&

Id ItSSb

Wheeler,

CtlTON COMMISSION MERCHANTS
NEW

VORK.

ALSO

BAeOinO AND IRON TIES,
(FOR BALING COTTON).
AdTannes made on Cotton Consignments and Special
Attention alTen to purchase and sale of FUTURH

CONTRACTS OF CijTTON.

S&I.SCW.aM UO

i'ullCT.Uolders In 188S

la

HC.VRT U. WHEKI.BIL

L. BULI.ABD.

$13,>*!l.a8» 13

any.

OF PE NS

THE MOST PERFECT

IV.

Atrpiiu ovrr l/ttilillUies. on srsr* Stoddard «/ aohiolarftr Ulan that uf any otktrlA/* JjauroMa (Join-

t

hare their orden

WILLIAH STREET,

1

Bullard

$««.588.387 60
ee2.HI«l.i48 in

will

promptly executed.

JnHN

(toit

Oainpaar, for the year endlax Slat Deoember,
1885, for which certlfleatea wlU be lamied oo
aad after Tueadar. the 4th of M«r naat.
Bj ofdar of the Board.

H. OBArOIAIf,

.

Account Books and

Stationery

Prealdent.
.

I8S6.

Supplies Banks, Bankers, Stock Brokers and CorpO'
rations with complete outfits of

V. Standard 4'9 per cent
Intereat. $1 7,4»5, 320,40.)

dadarad oo the net earned pwrnlnma of the

J.

HYDE,

RURPI.US

(Snrplua on

pa^VMBt aDd eaneelad.

A DITIUBTO or rOBTT FEB OEHT

B.

ASSrrH.JANUABT 1st, 1886
LIABIUTIKS, 4 per cent Valuation

ttalaaaaof 1881 wiu be redeemed and paid to
ttakoMtts' thereof, or their legal repreaentattvaa. OB and after Taaailar, the 2d of Febmary
axt, troa which date all latereat thenon will
The eftlllealea to be produced at the
I

ESTABLISHED

Eugrene R. Cole,
tw' New concerns organising

BROADWAY, NEW YORK.

120

HENBY

2d of Febmarjr next.

THB OimrAMDUlO CEBTIFICATEB

lUPORTIBS OF

IRON COTTON TIES.

LIFE ASSDRAKCE SOCIETY,

tac wrtUaataa of praau wUl be paid to the
told— tlMtaof, or thdr lc«cal rcpreaentatlTea,

GRATZ

dc

ST. LOCIS, Mo.
Manniactarera of Pure Jute Bagging.

EQUITABLE

.913,740376 46

MX TKR USMT rSTEREST on the onUtaud

• aa4 after Tueedajr,

BROADWAY. NEW YORK.

eomblnea tbe pn>tectiTe feature of life Insurance
wllb the Inreetment feature of the end (Wiuent
polle7« wbtle It aruldB the expe^rte atteiidlnK the
Ukitar by tbe orOloarr methud. An Inipruveiuent hiia
)«} been added to this new form ur p lioy wlintn
tbe re»r which ulrta tbeaasnred the option at ino
end of the period of taklnir the endowment in caith
or of oontlnalotr ine insurance fir a much larxer
amount without anr further pavment of premium
Indepeodeai '>f *.be condition of hvaltb at the time
ESTABLISHKD IS l^i^i)

aenred b7 Btoeka and

Oaayaay. eattaated at
aad Bllla Ba-

158

HEaVBT STOKES. President.
From PhtiaOtlphia Inquirer, Jan, 30, 18fU.
Tbe new plen of the Manhattan Life Iiifuranoe
ComMnr oontlnnes to meet tbe ^ mulur favor. It

Aaaota, tu.:

99,084.685

riwiiliiM Hetaa
ealTable

A

WARREN, JONES

STATIONER AND PBINTEB.

LIFE INSlRAAtCi: COMPACT

Premloma and Ex-

OO.
in atoak

BAGGING.

tine.

»3.856,618 66

1885

on PoUolek not in>rlr»Ml
JanuuT, 1885

of

Company

are utdispitt-

thla

rears.

All

tlit<

Total Marine Piemluau

f

iuaed by

Death Clalma paid without discount aa aoon
aa aaUafactorr proofs have been receWed.
Thla Companj Issues all forma of losorance, Ineladlns Tontine and Limited (Non-Forfeiting) Ton

to the Cbaner o.
following SUktement
of lU affaln on tbe 31«t December, 1885:
FTemlDina on Marine Biaka from
la( JaaawT, 188S, to Slst
T,

kinds of

COTTON

Also, Agents

Pollolaa

ABLE after three

naTmatM*. la eonformlty

Mm OomiMUiy, tubmlt

tn

COTTON SAILDUCK

alrelr.

KEW YORK,

Co.,

Manufaetnren and Dealers

I860.)

& 263 Broadway, New

261, 262

Mutual Insurance Co.,

Brinckerhoft, Turner

States Life

Insurance Co.
THE CITY OF NEYV YORK.

OFFIOX OP IHB

ATLANTIC

ptiacjellatteouB.

Alexander

&

Cargill,

CXDTTON BKOKEKS,

AL'OVSTA, GEOROIA.
TO ORDER

SINCE 1870.

SeeretaiT*

COTTOW
SPINNERS and EXPORTBRa

Entire attention glTen to purchase of

Chronicle Volumes

for

CQBHBSPONnENCI BOLICITID.
RgrgRKNCis.— National Bank of Augusta, Oa
Henry llents & Co.. Commission Merchants, New
York William B. Dana A Co., Proprietors COHHIU.
CLAL A Flnamcia l CHaoNicLl, and othar New York
;

Any olBoe
at

JaaeaLow,

WUlUm

Wa. aturgla,

llahars

moat of the

John Elliott,
Junoa O. De Fomat,

Dodxe,
William a. Hmcj,

a A. Band,
John O. Hewlett,
W>niam II. Wehh,
Charica P. Bordetl,
dmond W. CorUaa,

JOHV

'*

WILLIATI

Bryee.

79

A

B1

B.

DAIfA

&

TO..

WIt.l.MM «TRJ.>T,VEW

VOVK

New

Tork.

Walter & Fatman,
SS

BEAVRK STREET, NEW VORH.
b.

tainter,

cotton merchant,
COTTON EXCHANGE BCJILOINO.

F. Hoffmann,
COTTON BROKER AND AGENT,
BUE DE I.A BOUBSE. HATRE.
WELDED CHUUJIK STEEL AND IRON 38

Maltland,

iln Roond and

Flat Bars, and S ply Plates

FOR 8AFE8, VAULX8,

I

Oannot be Sawed, Cut or

Drilled,

and Angles

4o.

and

Geo. Copeland

practically

STEEL, WORKS,
BBOOKLYN, N. V.
Free.flB

CHROME
Clronlua

&

Co.,

COTTON BROKGB8,

BorcIar-Prf>of.

1

I

TloePraaldeBt

tireet.

SPECIAL ATTENTION T O COTTON FUTDRE8

W. H. B. MOOBZ, 2d yioe-Prcs^

RAVKIU 8d

12S Pearl

cuarl.es

Anson W. Bard,

Ylce-Presldent.

Co.,

COTTON BROKERS,

SECURE BANK VAULTS.

laaao Ball,
Flofd-Jonea,

D. JOITE8, President.

&

COTTON BBOR.ERS,
Orders for Spot Cotton and Futures promptly
executed.

|>tteccUanc0U3.

Edward

IhOBas

Dennis Perkins

complete sets

'^^^

Benrr E. Bawley,
Wllltam D. Morgaa.

fWAPiFJi DEMMI8,

A. A.

earlier Tolumer, or

_^__

re-

Parties baring

tbe period.

can be furnished.

Bert'niln H. ftold,
Cbarlea D. Leverlcb,
Jaatah O. Iaw.
XkaaaaB Coddlnxton, John L. Elker,
M. Denton Bmllh,
ftnilMB Degioot.
Oeorfce Bllaa,
BeraoeOray,

WnUamB.

Houses.

the more recent Tolumea can obtain from the pub

Adolph Lemojne,
Bobert B. Mlntom,
Obarlea B. Marahall,
Fredertok B. Ooaaltt.

A. 4.BaTea,

hand for oooTenient reference a complete and

liable Onancial history of

TBVSTBBSi
Ckarlaa Deaala.
W.H. H. Mooie,

possessing these Tolnmea alnoa 1870 has

134

PBABL STBEET, NEW YORK.

THE CHRONICLE.
^ottou.

Woodward &

[November

ptiscellaueotis.

C!i;ott0U.
Valttr
Nalh'l

Stillman,

INMAN,SWANN&Co

NEW YORK.
M»Am MADH OS ACCEPTABLB

COTTON MERCHANTS,
Tork.

& Co.,

Williams, Black

COTTON, GRAIN,
PROVISIONS, COFFEE,

IfEir

& 61
YORK.

Stone

STOCKS, PETROLEITIH,

New

COTTON.
&

R. Macready

Co.,

EXCHANGE
NEW

40 and 42 Wall Street,

Factors

PBODUOE EXOBANGES.
204

Church Street,

Cotton, Coffee, Grain and Petroleam Bon«ht and

Orders executed at the Cotton Exchances In New
Vork and Liverpool, and advances made on Cotton
and other produce conslKwed to us. or to our corresSondenta in Liverpool; Me^8^s. L. Rosenheim it
ons and A. Sttirn& Co.; In London, Messrs. B.
Newifass

A Co.

Sol4 for Caab, or carried on Margin, on theTarloaa

« In New York Citj.

Mohr, Hanemann&Co.,

&

Henry Hentz

Co.,

Sontb TVlllIam

St.,

COTTON
COFFEE
MEW TORE COFFEE EXCHANGE,

t

Mke

and

GRAIN AND PROVISIONS

tth*

NEW TORK PRODUCE KXCnANGE
the

CHICAGO BOARD OF TRADE.

aad

CORRBSPOin>BNTS
Mec^n. ftnith, Edwards A Co., Cotton Broken,
:

Urerpool.
jaa.

Lea McLean. New

Orleans.

Rountree

&

Co.,

COMMISSION MKRCHANTS.

COTTON KXC^A^OF, KVW YORK,
NORFOLK. VA.

and

COTTON. CJRAIN, PROVIMIONS,
Htocks and Petroleum.

Orders executed In New Tork, Chicago and LIt.
wpeol. All ^ades of coiton suitable to spinners*
anta offered on favorable t«nu8.

Geo. H. McFadden& Bro.
COTTON MERCHANTS,
PBILADEIiPHIA.

OF

AITENTION GIVBB to THB EXBOtlTION

FRFDRRIC ZBREGA

dr

CO.

&

Co.,

&

Co.,
Price, Reid
NORFOLK, VA.
Cotton Brokers & Commission Merchante,

&

PEARL

ST.,

NEW YORK.

Schroeder .&

Co.,

W

.„.,_,_..

f l,i99,a« JU
'iX-^Si

H

tS.421.870 T»

8.

8. In 19

years ..8in,'.2U0,138

E.

WHITE, SAM.

St.,

03

N. T.

BLAGDEN,

P.

DUDLEY, Deputy

Manager.

Phenix Insurance Co.
OF BROOKLYN,
195 Broadway, New Tork City
Company lit Day of Jan., 1886.
CASH CAPITAL
»i'29?S2 2
a.84fl.048 M
Office,

Reserve for unearned premloms
Reserve for unpaid losses
Net surplus

«

sH'TZS aI
714 11)7
.

STEPHEN CROWELli,

PresMeBt.
WM. B. CROWKLL, Vloe-Presldeht.
PHILANDER 8UAW. Seoretary.
GEO. U. FISKE, ABSistant SecrelArT.
FRANCIS P. BURKE. Sec'y Local Dep^

iETNA
Insurance

Company

OF HARTFORD.
$4,000,000 00

for anpald losses
re-insaranoe fund

Liabilities

Orders for future dellverj of Cotton exeonted

New Tork and

JOHN

ir

Liverpool; also for Grain and Pi

U. CLISBY

&

CO.,

HONTGOnERY, AI.A.
PIIROABB OMl.Y ON 0RDBB8 FOB A COMIfnatOir

2,057,776 24
3,202,320 41

and
Net Surplus

A«Mta Jam.

Chicago.

WARE & 8CHR0BDEB.
OOTTON COMMISSION MSRCHAim, FELLOWES, JOHNSON A TILBSTON,
COTTON, STOCKS, RONDS, *e^
C«tt*B Exchange Baildla«r,
M WILLIAM SI RBBT, NBW TORK.
tf^Xr YORK.
Oi«en Id - ratmree" exewte* at M. T. OoMea an
Bnooeaaora to

1888.

, „, -"^^^.u
.A013,a8318

Capital

COTTON BUYERS,

G.

—

Branch Office, 54 William

Bloss,

COMMISSION MERCHANTS,
No. 123

1,

tS,4!81,8?0

LIABILITIES:
Reserve for Unearned Premiums
Reserve for Unpaid Losses
Other Liabilities
Net Sni'plua

Liberal advances made on Cotton conslgnmenta.
Special attention given to the nale of cotton to arrive or In transit for b. -th foreign and domestic markets- Orders for Future Contracts executed in New
York and Liverpool.

Gwathmey

Jan.

statement of

Cotton Exchange, Nevr York.
AND

New Tork and

CoRRitspoNnxiiTg,

S. Branch Statement
Invested and Cash Fire Assets

Managers.

ORDERS FOB FUTUBB OONTRAOre.

Tlslons 1=

unmpooi.

LONDON AND EDINBURGH.

Torlr.

Hubbard, Price

Co.

Ins.

U.

JAS. F.
BPECIAI.

TORK. LIVERPOOL AND NEW ORUtANSCOTTON UXCHANaBS. Al»o orders for

British

Mercantile

CHAB.

New

Nenr York.

NEW

&

U.

XBCUTB ORDERS FOR FUTURE DELIVERY
at the

North

Losses paid In U.

COTTON EXCHANGE BVILDING,

COMMISSION MERCHANTS,
8

York.

01

Neiv York.

TORK.

New

nanhattan RalldlnK,

AND

nr^TOWN Office. No.

BVILDINg",

SAM'L D. BABOOCK,
33 Nassaa Street. New Tork.

BRO'S,

OOilIiniSSION niERCHANTS,
No. iOTEXCHANGB PLACE,
MEMBEBS OF THE OOTTvy, OOFFEE AND

COMMISSION MERCHANTS,
flOTTON

Cotton

Receive consignments of Cotton and other Produee^
and execute orders at the Bxchangea In LlveryooL
Represented In New York attheoflBoe of

Bethlehem Iron Comp'y

Montffomerr, Ala.

Orleans. La.

BABCOCK&CO.

COMMISSION MERCHANTS,
IT tVater Street, LIYERPOOI.,

&o.

LIHHAN. D0RR & CO

Co.,

LEHMAN

MIIXS.

New Tork.

inontEoiner7 and

HATRE,

St.,

IdBMAN, Stern &

BUYERS FOE AMERICAN

B. F.

ORDERS EXECUTED IN
NEW TOKK, CHICAGO, NEW ORLEANS, ST. LOUIS, LITERPOOL,

Co.,

St.

Cotton Commission Merchants,
No. 116 CHESTNUT STREET,
PHIjLADEI.PHIA.
No. 49 MAIN STREET,
NORFOLK, VA.
SPIITKEnS' ORDERS SOUCITBB.

Co.,

WILLIAn STREET,

rUTURB CONTRACTS
Mill Llrerpool.

M •tli W^llllam

&

BANKERS AND COMMISSION MERRCAAJJT8

ktUntloa glren to the parchMe and sale of

&

NASSAU STREET, NEW TORK.

14

NEW YORK.

Exebance Bnlldlns, NewTork.

Graham

T. Hatch & Sons,
BANKERS,

Edward H.Coates& Co.,

SiriT.

1

C.
J.

.Hate*.

—

Now

CottoK Comnission Merchants,

Tork

Heiiry P. Hatch,

Arthur M.

Personal attention given at the EXCUANGB8 to
the purchiiBe and sale of STOCKS and BONDS for
cash or on miirKln.
DKI'OSITS RECBIVED-snhJect to Check at sight
with interest upon balances.
Special att»ntl.m naid to INVESTMENTS an*
accounts or COUNTKT BANKERS.

OF 8PINNBR8

Robert Tannahill

HaUk,
T. HaUh.

\

SECURITIBS.

MTTON, AIX, QRADES, SUITABLE TO WANT8
T«

rr.

BRANCH OFFtCES Jgg i?a"p'e^M!r&'e'w?i.Vi.

ItoBHAL ATTXNTION TO ORDBBS rOR CONTRACTS
roB FtrruKH Delitbrt of Cottoh.

Omutis ON TlBHg

T.

W.

MERCHANTS,
fMrtBnlldin?; 16& 18 Exchange Place,

27. 1386.

1,

JAS. A.

8»,360,0»6 6S

1886

No. 3 Cortlandt

St.,

New York

ALEXANDER,

Agent.

Commercial Union
Ass URA NCE Co., LIMITED^
OF LONDON,
ogtt, Otr. Pint

rf

WUlimm

girettt,

Mmm Af*.