View original document

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

xmitk
HUNT'S MERCHANTS' MAGAZINE,
tlEPRESENTINO THE IISTDUSTRIAL

VOL.

AND COMMERCIAL INTERESTS OF THE UNITED STATEa

SATURDAY, NOVEMBER

41.

CONTENTS.

above remarks, of course, refer to the whole country, for, with
excluded, there is, in every instance, a margin in

THE CHRONICLE.

THE BANKERS' GAZETTE.
I

change, U.S. Securities, State
and Railroad Bonds and
604
8to ks
Eangc In Prices atthe N. Y.
605
Stock Exchange

I

|

I
|

Quota) lon.s of Stoclts and Bonds 606
Lucal Securities
607
Railroad EarnlnRS
608
luvoatuient and Railroad lu-

The

609

i

|

620

I

621

and Fin-^scial Chronicle

is published in
every Saturday morning.
( Entered at the Post Ollloe, New York, N. Y. as second class maU matter. 1

CtoMMiasciAL

New York

,

Terms of Subscription— Payable in Advance

:

$10
For One Year (Including postage)
do
6
PorSix Months
11
European Subscription (including postage)
*2
Annual subscriptiou in London (luoludinK postage)
do
£1
do
Six Mos.
do
These prices include the Isvestors' Supplement, issued once
months, and furnished without extra charge to subscribers
Chkonicle.

20
10
28
78,
8s.

in

of the

;

Is

England.

offloe of

1868,938.911

the

Roriptiuns and advertiscmonts will be taken at the regular rates, and
Blngle copies of the piper .supplied at Is. each.
The office of the Chronicle in Liverpool is atB 15, Excliange Buildings

(Stoclt»....ihara.)

1665,711,509

+ 66-4

1886.

$779.244,?87

iPtrCemt
1

(4,442,200)

(1,345.912) (+230-1)
(B72,I00) (-29-7)

+47-7

(3,216,499) ,+104-9)

(Cotton.... bates.)

1472,300)

(Orain...buthcU)

(86,211.000)

(34,273,000)

(4- 6-7)

(43,990.600)

(+16-4)
(-1-8)

(71,938.000)

(43,141,000)

(+68-7)

(85,720,000)

(+71-2)

»94,335.791

$87,080,531

$87,166,520

5,404.100

4,5.'i3,800

1,434,198

1,488,475

982,406
963,430
803,067
573,252

913,039
721,854
784,619
484,688

+40-6
+19-2
-3-6
+7-6
-)-88-5

883,591
869,239
500,149

+38-8
+24-8
+88-4
+20-6
+5-»
+27-2
-1318

1104,490,338

$76,007,606

+37-6

$97,781,191

+36-8

160,747,634
12,743,552

$46,180,736
8,363,370
13,253,413

+81-6
+0-3
-3-8

$60,433,828
7,367,325
11,963,117

+38-6
+2-8
-1-4

$81,879,431

$67,797,619

+20-8

$69,764,270

+22-3

153,585,46.)

+23-6

$53,380,961

+ 19-6

+10-4
+38-1
—16-7
+52-0

2,833.016

+0-9
+3-0
+12-4
+6-9
-6-9
+3-8
-17-8
+48-3

ProTidenoe
Hartford
Portland

Lowell
Total N. Bngland
Philadelphia
Pittsburg
Baltimore

8,888,245

Total Middle....

+2-4
+18-8

(714,400)

5,320,600
1,866,031
1,185,161

Cleveland

1,670,545
2,467,611

Columbus

1,724,874

Omaha

797,540
2,842,269

$43,358,218
9,219,200
3,646,051
2,706.836
1,481,052
2,234,367
1,248,998
957,767
1,869,378

180,225,79!)

$66,721,867

+20-2

$73,541,294

+14-6

»1 6,568,444

$14,800,539
625,521

$16,048,217
709,146
10,756.831

2,068,006

+8-9
+40-9
—2-4
+19-5
+46-7
+8-1

+8-6
+3S-7
-6-2
+16-7
+18-S
+14-1

$41,537,183

$87,703,807

+10-2

$88,803,167

+4-5

19,738,110

$10,428,013

-6-6

$11,542,971

-3-2

Cajlcago

Milwaukee

4,181,179

Detroit
Indianapolis

3,624,815

8t.

St.

Lonls
Joseph

881,422
12,942,122

LoaUvlUe

4,535,751
5,812,897

D.INA
PabHstaers, EansaaClty
.„. )WIIiIiIA..lI
WILLIAM B. DANA > WII^I-IA.TI B. ».1NA & Co., PuMUhers Memphis
ANA. f
^g jj gj William Street,
YORK.
JOHN a. FLOYD. S
"
Post Oi'FICE Bo.x 958.
Galveston*

NEW

CLEAR mo HOUSE RETURNS.

PtrOenl.

Sala oj—

Total Western...

Commercial and Financial Chroniole in London
with Messrs. Edwards & Smith, 1 Drapers' Gardens, E. C, where gub-

The

New York

]weekXndintNov.U.

81.

1884.

9,428,500

two

SuliAcriptlons will be continued until definitely ordered stopped. The
pulilisht'rrt cannot be responsible for remittauces unless made by Drafts
or I'ost Ofllco Money Orders.
A neat file cover is furuishe<l at 50 cents postage on the same is 18
cents. Volumes bound for subscribers at $1 00.

Office* In

Week Ending Sov.
1886.

TIMES.

613 Breadstuffs
614 Dry Goods

Oommeroial Euitome
Cotton

favor of the current year.

lPetroUmn..bbts.')

—

telligence

THE COMMERCIAL

1,066.

New York

Twelve Months pSnded with
Clearincir.Hise Returns
595
596
October, 1885
(300
The Flimmlal Situation
Monetary and Commercial
New York Lake Krio & Western
601
EnKllsliNews
599
iicpon
Oommerclul and Miscellaneous
Itn|>oit.>i and Exports for Octo603
ber, unci for the Ten and
News

Honey Market, Foreign Ex-

NO.

28, 1885.

2,236.547

13,858,871
3,787,510

3,668,560

-l-3-S

9,132.900

+14-7
+33-9

4,010,050
3,238.930

+60

1,680,806
2,228,607

Baa Francisco

4.195,271

5,084,835
2,008,968
1,706,073

2,345,348

Total Sonthem..

1,371,950
689,074

Under the heavy speculation everywhere in progress ex- Total all
+390
-(-45-7
»1,075,677.1'«
$814,370,821
11,186,815,767
changes have further improved, and now reach an aggregate Outside New York 1317,876,866 $258,658,812 +22-9
+20-4
$296,432,893
whicli has been exceeded only once since Dec. 16, 1883, and
* Not included In total.
that was in October, 1883, when for the week ending the 18th
The returns of exchanges for the five days as received by
the figures were in excess of the total now recorded by
about $31,000,000. The improvement is not confined to any telegraph this evening continue of a very favorable character.
particular localities, appearing, with but one or two excep The figures actually cover only four days, there having been
Comtions, at all the points which our table embraces, although in no transactions on Thursday (Thanksgiving holiday).
general the heaviest gains are at the leading commercial cen- parison with 1884 exhibits an excess in the aggregate of
The transactions on the New York Stock Exchange for $311,329,085 or 58-4 per cent, and excluding New York the
tres.
the week suri)as8 those for any similar period in the history of increase in the remainder of the country reaches 27 per cent.
the Exchange, the sales of shares reacbmg 4,442,206, against
1,345,912 for the six days of 1884, an increase of 230 per cent,
and representing a market value of $355,128,000, against
$93,915,000 a year ago. Dealings in railroad bonds also rose to New York
SaU$ of Stock
a large total, the sales including a par value of $32,265,500,
equivalent to an actual value of $20,665,497. On the Produce Philadelphia
and Petroleum Exchanges operations were in excess of 1884,

Five

Day Bndlnt Sov. 27.

1886.

$628,817,082
(Mhi.)

(2,277,178)

63,843,511

37,800,851
7,772,963
.17,936,000

1884.

$363,320,918

Per

Cent.

+73-1

(1,053,189) (+116-2)

+473
43,352,497
+81-3
28,414,972
-11-9
8,821,271
+S8-6
28,616,447
9,381,338 ;+22-7
+18-1
10,154,468

the latter largely, but cotton contracts exhibit some falling off. St.Lonis
11,606,653
11,487,793
As compared with the previous week's returns tiiis exhibit New Orleans
+62-8
shows an increase of $111,188,587, while in comparison with
$798,663,843 $492,061,901
+11-6
41,226,704
45,963,847
the corresponding week a year ago there is an excess of 45 '7 Balance, Country*
+68-4
$844,617,690 $083,288,606
Total aU
per cent. Compared with 1883 there is a gain of 23 per cent,
$169,967,687
»2)6.S0O,608
but from 1882 a loss of 33'2 per cent is recorded. Contrasted Ontalde New Tork
* Batlmsted on the basis of the last weekly returns.
with 1881, however, there is an increase of 4 per cent. The

B D'v$ Bna'a Sov. 20 •
1885.

$726,790,869

Percent
+64-8

(3.618,042) (+215-1)

78,548,788
61,017,168
11,017,990
48,479,000
13,(M3,8S8
10,78«.4«1

$938,679,805

+39-»
+30-1
-8-B
+24-9

+T«

H-n

».687,268

+T«

$998JMn,0e8

-H4-S

'$2eS,47B,18«

+ai-&

THE CHRONICLFw

596

THS FINANCIAL SITUATION.
Our money market has undergone no

Merchandise

essential

tle

1S84.

•;2,I32,S04

6,S,«0.a-0' 51,077,966

54,.360,81

7I.015,5na

63,033,816

54,617,541

August

87.192,858

September.
October

71,825,897
85,nS7,354

67,514,71S
62.401,370
68,018,6JR

62,714,293
82.815,82

52,884,084
81,428,749
54,438,002

Total...

1885.

71,547,973

58,330,5<7[ 48,483,020
54.612,492[ 4,5,828,317

64,203.524, 44.237,881
65,2i0,490l 48,149,795
r2,808,813| 71,669,582 72,478.718

707,785,088 688.415.09) 194,046,400 839,555,920 579,217,8031547,030,527

Imports—

We

have to note a slight renewal January ...
in the flow of money from this centre to the interior, February...
March
which it 18 claimedjis only temporary, but which if business April
May
is reviving and the crops are to be moved, ought ia
cent.

1883.

July

was touched, with an average for that day
but for the week the average has not

Receded 2% per

1882.

June

Bankers' balances have perhaps been in a litbetter request, the inquiry on Monday being so urgent

of 3 per cent;

1881.

188P.

Exports-

change

this week.

that 4 per cent

[Vol. XLI.

55,208,48S

of things

Our

continue.

70,886,561

60,709,174

74,388,455

59,179,614

64,978,880
80,614,563

55,603,721'

66,361,167
08,350.029

5>l,920.8(ll

62,880,649

July

67,304,982

52,422,67;

August
September.
October

banks

have
recently received some temporary accession of strength by
the arrival of gold (mainly French coin) from the Continent, said to be merely in transit to the French West
to

45.284,858
47,759,493

June

nature

the

55,817.471

85,804,878
65,718,433

5S.22S.r.6l| 55,7;.S,802

83,409,.587

51,120,414

51,3.'>9,183

54,033,683

61,438,782

57,628,076

51,975,3241 53,782,934

58,263,063

61 .73 1.20

56,956,224

56,971,198

54,310,6;7

68,826,926
88,803,801

68,300,518

54,710,607

60,780,003
57,006,005

81,263,130

42,221,171
42,027,633

52,976,345
48,799,398

54,183,0(13

68,274.557 56,155,944 45,894,950
84,791,422, 52,153,319, 49,312,658
58.980,930 65.125.524l 49,111,668
58,833,731 50,682.760 00.749,309

j

58,988,820

50,365,859

Total..., 602,322^597^6^214,064 838,159,478 570,384,254 541.879,451
485,034,913
'

Bar silver advanced on Monday of this week to 47 7-16d.,
and yesterday there was a further rise to AT id. The early
though we have seen no notice of its re-shipment as yet.
Of this there was .$1,748,000 from Bremen and $945,700 advance may have been due to a short supply or an in
from Havre last week and nothing so far as yet reported this creased demand, but as it came almost concurrently with
week. Almost all of these arrivals went directly into bank. an announcement from Brussels that some arrangement
had been made which ensured the adhesion of Belgium to
As an illustration of the condition of the loan
Indies (freight

rates

making

the

this

cheaper route)

market,

may mention

the tender last

nois Central 4 per cent

week

of $1,500,000 of

we

the Latin Union,

Illi

of which, except one bid for a small

and the bonds were awarded

&

The

Co.

total

the lowest offer

amount

were above par,
Vermilye

lot,

now
and

was $14,500,000,
for the whole block was 101 1-10 and

we took

it

as being

in response to that

is

to

We

settled.

in block to Messrs.

bid for

and

some extent a confirmation of it, although
the very same papers contained a cable from Paris stating
that the question of the admission of Belgium was still unfact

mortgage gold bonds of 1951.
Bids were received on Wednesday last from 16 firms, all
first

notice a report also that Belgian exchange is

in favor of France,

flowing from

and in consequence Belgian silver
France into Belgium to an embar-

rassing extent.
What effect if any this has had
Our foreigQ exchange market declined a half cent per upon the negotiations it is impossible to say, or what is
pound sterling on Monday with the decline in money in the result reached, if any has been reached, is not announced.
the open market in London to 2^
per cent, but One condition proposed by Belgium was that France

accrued interest.

the decline yesterday.
These lower rates for should agree to the adoption of a gold standard. At all
London were probably due in part to the re- events the new convention which the other four nations
payment by the Bank of England of funds borrowed by it signed (the text of which has just been made public)

recovered

money

in

of the other institutions during previous weeks,
to dull busmess; the latter influence being

and in part
in an unusual

degree adverse this week on account of the elections now
in progress.
After the political excitement has ended,
a better condition of trade

Balkan war
probable.

is

looked

for, especially if the
speedily brought to a close, as now appears
In that case the commercial demand might
be
is

bring up the open market rate for money,
so
would approximate the Bank minimum. This differ

sufficient to

that

it

ence in rates for

money

very potent in our foreign exchange market on account of the distrust felt here
respecting silver and the coming action of Congress
with regard
is

seems merely to be an arrangement for liquidation, a
means for getting one another out of their embarrassment,
and eventually of reaching a gold basis. After the first year

any State which holds a surplus of the silver issues of
either of the other contracting parties is to receive 1 per cent

when the interest is to be 1^
per cent, the arrangement providing that within the fifth
year the whole is to be redeemed.
interest until the fifth year,

It

There has been no change in the condition of business.
would be too much to say that we are enjoying general

prosperity, and yet many departments of trade show
improvement, and compared with a year ago this is probto dollar coinage— the better rates at
gave the facts about iron, steel and
London making it ably true of all.
profitable as well as prudent for
They furnish at the moment very hopebalances to be left on the coal last week.
other side. Hence it is that exchange all
But as to textile fabrics little profit is
the time keeps just ful indications.
above the gold-importing point,
notwithstanding the very still the rule, and makers of some classes of goods com
free buying of securities on foreign
account which has for a plaid bitterly of loss on every yard of cloth manufaclongtime been in progress, and notwithstanding
notice in cottons, that prices are not in all
our present tured.

We

We

favorable trade balance.
Even this
of bankers' bills is reported,
resulting

week a large supply cases as steady as they were, some concessions being
from the purchase granted to stimulate large movements. Speculation in proand shipment of securities. As
to the present condition duce has also received a check through the more peaceful
of our foreign trade, we
have now the figures of Mr news from the Balkan Peninsula; still such a check amounts

Switzler, Chief of the Bureau
of Statistics, for October
and they show a merchandise
balance in our favor of
nearly 19 milHon dollars; it is
to be presumed that
the
November statement will be still more
favorable, as cotton
IB moving now quite freely.
The fi^iires for October and

ten months, for seven years, are as
follows.
PNITED 81ATE8 E.X1-ORTS AND IMPOKTS
OP MERCIIAKDI9B.
Merelunaite

18S0.

1881.

Bxportt—
January ,...
February

t
ee.Bw.iTB

t

. .

March
AprU

May

1882.

1833.

1884.

74,078,962

64,921,061

80,380.253

69.9.j|t,6;3

73.986 60

87,733.^0.

56,600,533

77.360,547
7D,aeO,&38
B5.688.477

66,835,2391 81,246 82(i

a-),06,S.7»4

«2,613,B72

70,BS5,»15
64,110,179

77,651,820 66,-il0,454
67,932,378 60.903.903 49.S93,3«)
49.178,!)fl8l 58,08«.i»4 48.R4l.6-':

1885.

to

little,

as

it

does not appear likely that values here will

accommodate themselves to European views. The pile of
wheat we have accumulated will be kept all the same for
our speculators' amusement, and the see-saw motion in prices
upward again as soon as another war rumor floats
over the water, which past months' experience teaches will
started

not have to be waited for very long.
The progress that has heretofore been so regular and
constant towards a complete settlement of trunk line

We

difficulties, received an apparent check this week.
say apparent, because we do not conceive that either of
the events referred to, can have any present important

influence on railroad traffic

arrangemdnts.

The one

that

November

moment

looked at the

rejiorted to

another page, and

—

the

Island which

it is

only necissary to say here that the

acquisition (whether a bona fide

cover

tlie

much

ever

negotiations

may

it

feint to

batwaen the

tnmk

lines,

road has at

this da»,e

a large enough

earnings to waste anything more in

left in

how-

serve as a disturber of the peace in

No

years to come.

margin

move or a mere

purchase of Jersey Central) ought not materially

to complicate

597

more threatening was the new down to a half per cent per quarter what beneSl coald
the Baltimore k Ohio the old status bring to shippers? Ther are chiefly inhave secured. The details are given on terested in having business prosperous, and that requires,

terminus on Staten

was

THE CHRONI(]LR

28, 1885.]

fight-

as a

condition,

remunerative and therefore steady
than unremunerative and consequently
fluctuating ones; in fact, every business interest loses when
first

charges,

rather

the capital employed suffers.

Besides, rates are no longer a
question between the railroads and the public; our railroad

commissions have changed
transferred

all

those interests

that, for

the

to their keeping,

people have
and they do

we showed

that such was the condition of the Balti- not ask the self-immolation of these magnanimous stockOhio last week, and have shown it of all the other holders to help them. Under the circumstances they are
roads on previous occasions.
Peace, therefore, is not only much more likely to fear these Greeks, even bearing pres

ing;

more

&

moment and

in accord with the spirit of the

pose of

all

with the pur-

recent settlements, but a dictate of necessity as

well.

With regard

made

any event be
Litigation

is

to the Staten Island terminus, it

use

of

for a considerable

always tedious, and

the other trunk lines towards the
it

will

require

We

plan.

time to

if

the present

new comer

attain the

are not permitted

cannot in

to

full

is

period.

animus

unchanged,
of

results

doubt that

of

in the

the

end

—

In the nature of things

must.

it

It

is

We

make no

general statute which

reference to

the provision of the

by inference

forbids the consolidv

tion of rival roads, because the proposed arrangementcould by no construction whatever be brought within that

provision.

We

see

nothing, then, in either event, that

can delay or in any manner discourage the expectation of
a permanent settlement between the trunk lines.

The

which has probably done most to stimuon our Stock E.x;change, and been in the
main the basis for the advance in prices, is the disposition
of railroad
managers all
over the country
to harmonize
their
differences
and enforce more
paofitable rates. For
one reason or another, howinfluence

late speculation

whether by this route or through the Jersey Central or in
some other way the Baltimore & Ohio will succeed in its
efforts.

ents.

a rich

West and South,
money in carrying

corporation, with extensive connections

ever,
trunk-line
and has already spent large sums of
returns
(so far
as
published) do
out its purpose; it would show unexampled weakness to not as yet record the improvement expected of them.
allow itself at this late day to be balked by obstacles. We have already shown this in our monthly review
This view must, we think, in the end be adopted by the of earnings for October in the case of some minor lines.
other lines, and then the problem, whether the ter. Now comes the Pennsylvania Railroad corporation with
minus is a good or a bad investment, and whether it its return for the same month, disclosing results that are
would have been wiser to have accepted the Pennsylvania likewise in great degree disappointing. Both east-bound
offer (certainly leaving out the question of terminus, a and west bound rates were advanced at the beginning
very liberal one) will remain to be worked out by the Bal- of the month, and the advance was maintained
all
through.
The tariff was not as high as at
timore & Ohio for itself.
As concerns the injunction against consummating present it was 20 cents east-bound on grain, and
the New York Central & West Shore settlement, we put a 60 cents west-bound on first-class freight, against 25 and
very small estimate upon its effect, just about as small as 75 cents respectively now but it was decidedly above the
the court must have put when it fixed the amount of bond figures that had been obtained in the months preceding
at two hundred and fifty dollars
We are of course Yet the Pennsylvania statement shows a loss in gross
compelled to take that as the extreme measure of the earnings as compared with the same month of 1884 of
damage whicb, in the view of the Judge who granted the $88,373 (small to be sure, but a loss nevertheless), and an
order, could be done by the proceeding; for prospective increase in net earnings of only $13,111.
And on the
damage must often be measured not so much by the Western lines the surplus above the amount necessary to
value of the target aimed at, as by the calibre of the gun meet the liabilities on those lines was only $92,595, against
which seeks to do the work. On the merits of the case, $142,833 in the previous year. Earnings in October,
we are at a loss which way to look for them. All but a 1884, were not large either. On the contrary, they then
trifling few thousand dollars of West Shore's creditors exhibited a decided diminution from the total of the year
all
hive assented to the settlement
the stock- preceding, so that the decrease has been continuous. This
holders of the New York Central but the plaintiffs may be seen from the following table in our usual form
desire it; while since its consummation the bonds of the showing the smallest October net result (on the combined
former and the stock of the latter have advanced in value, system) since 1881.
the one about fifty per cent and the other about twentyLilies E'lut of
1885.
1384.
1883.
1881.
1880.
five per cent
PitUburg.
a pretty substantial popular verdict on its

—

—

1

:

—

October.

advisability.

But
side

may

this

the

of

Gross earniDes

be

considered as only the personal

whereas

question,

Stockholders sink

all

these

self-sacrificing

personal interests and call upon the

-Court to intercede on the ground of "public policy."
L

Looking

at

it

from that point of view, what has

^transaction done?

Has

it

not lifted

this

the public out of the

t

(

$

*

t

4,359.174
2,42J,382

4.447,547
2,521,816

4.875.348
2,656.199

4,600.054

3.672.97:

2,619,343

2,317,910

1.93S.8U

1,925,701! 2,219,149

2,040,711

1,355.03:

1,6>«,893

-1-92,595

-|-142,833i -f268,85i

-1-513,209

-(-309,8«4

-i418,)70

2.488.002

2,553,9iU

1,804,925

2,106,968

Jan. 1 to Oct. 31.
Gross earnings... 37.596.800 40.84B.B48'42.7M.25'i 40,548.832
Operat'g expenses. '21.437,023 25,3(8,685,26,473,550 24,903,620

21,8')l,375l

OperatV

e-xpoasea.

Net earnlnf^s...
Western lines
ResDlt

8,031,407

Not earnings. ..113,159,783

2,oe:<,534

15,46; ,961

1

S.882,714
2,194,321

3rf,552,2l2

6,295,098 15,616. 3 1 2 14,750,837 14.114,897

1
dumps, steadied the value of all railroad property, put Western linos
'— llS»5,3i3 -519,028
163,2 U
1580,99 -|-2578,677 -t-2S14,7SS
confidence everywhere in place of the prevailing distrust
lll.U(M,4«nll4.fllS.a» 17,45S.«07 17.226.193 17.829,614 10,629,432
and given a start to our industries again ? Or even narTue question thus arises, why has the improvement
rowing the view still further and looking at it solely as a expected not been realized ? Some of the causes at work
shippers'
question
of rates—-although
it
impeaches it is not difficult to suggest. In the first place, there may
;

the

honesty

-claim

any

of

interest

the
in

plaintiffs

rates

as

which

;

-1-

'

to

have been unexpired time contracts outstanding, so that on

dividends

a part of the business the company failed to get the benefit

stockholders

bring

-i- 1

THE CHRONICLE.

698

In the second place, a year ago in
October rates had not yet become totally demoralized as
they subsequently became. In Mr. King's report on the
Erie, issued this week, it is stated that rates were at one
of the higher

down

time
to

New

tarifi.

on grain from Chicago

to 8 cents per 100 lbs.

York, out of which the cost of 3 cents for transNew York harbor had to be deducted, leaving

ferring in

only 5 cents net, or just about one mill per ton per mile.
This happened, however, not in October last year, but

and illustrates the extreme virulence
that was being waged before the late peace

months

several

of the conflict

arrangement.

later,

From

this 8 cent

rate, the

20 cent rate of

October, 1885, marks a degree of improvement which it
must not be supposed exists with reference to the comThen it is known that the
parison with October, 1884.
first effects of the advance in rates has been a falling o3
in

volume of

the

of

and

traffic

much

too

Finally,

on.

later

With navigation

trafiBc.

can be no permanent withholdgain
this may be a source of

ures this week for the month of October, and as in previous
months there had been a gain in net on smaller gross, it is
not surprising that with larger gross now there should be
The improvement in the gross
still further gains in the net.
was not very striking only about $60,000 and yet it is
significant as marking a change in that particular. Expenses
slightly increased during the month, leaving the gain in
And the total of the net was large
net $43,898.
October being one of the best months of the year. As a
result of these heavy net earnings, the surplus above the
month's proportion of the charges is very satisfactory
namely $332,669, or more than the surplus
in amount
The surplus
in the whole of the three months preceding.
too was some $16,000 greater than in October of last
year.
The company is now (for the four months ended
October 31) $591,696 ahead of its charges, which is a
very good showing, all things considering. Of course, in
the winter months the property can not be expected to
make equally favorable exhibits. The following are the
figures in tabular form.

—

—

in business, as invol-

attached to the reports of a revival

ving an immediate and large increase in the tonnage
There has been some improvement
of the railroads.
improvement has been pretty
this
in business, and

But it should be borne in mind that
merchants cannot discount the future with the same fury
They do not suddenly
as the Stock Exchange people.
well maintained.

orders

their

increase

50 or 60 per cent.

Previous 3 Mos.

Total 4 months.

SorCktrii Pacific.
1885.

1884.

(

*

been

has

importance

f,|

—

however, there

closed,

ing

through

[Vol. XLI.

1885.

I

l,52ii,285 1,461,510 3,196,255 3,291.600 4.718.541 4,753,111

Gross

633,671

636,794 1,448,04411.661,761 2,101,7162.298.555

Charges...

868,614
633,945

824.716 1,748,211 1,629,839 2,616,825 2,454,556
608,6)5 1,489,184
2,025,129

Snrplus

S32.669I

316,071

Bxpenses

Net

591,690

The following indicates the receipts and shipments of gold
and currency by the New York banks during the week.
Week maim Nov.

Receivedhy

27, 1885.

Shipped by

Net Interior
Movement,

N. r. Banks. N. T. Banks.

They proceed

$900,000

Currency.

(699,000

Gain.

1205,000

500,000
500,000
Loss
and therefore the freight which the railroads carry, Qold
JUOO.OOO
11.105,000
I^OSH
$293,000
Total gold and legal tenders.
which represents these transactions, can only increase
and
The above shows the actual changes in the bank holdIt is true that in other
in an equally moderate way.
gold and currency caused by this movement to an d
for ings of
sections of the country the returns are very good
from the interior. In addition to that movement the banks
November, as now coming in, particularly good but of
have lost $1,500,000 through the operations of the Subcourse an exception to our remark must be made in the Treasury.
Adding that item to the above, we have the
case of the roads that are traversing new districts just following, which should indicate the total loss to the New
undergoing development, and moreover the advance in York Clearing House banks of gold and currency for
the week covered by the bank statement to be issued to-day.
rates has been wider in character than generally supposed.
been a little less excited this week,
"Wall Street has
Into Banks. Out of Banks. Net Chanoe in
Week enAino Nov. 27, 1885.

slowly,

.

.

—

—

being disposed

And

rather

to

take

results

Bank HoWinjs

more

Loss

Banks' Interior Movement, as above

yet there

is

no

real

«900,000
3.200,000

$1,103,000

4,700,000

Loss.

$295,000
1,500,000

Total gold and legal tenders....

$4,100,000

$5,895,000

Loss.

1,795,000

abatement of the fever prevailing,

nor any disposition to

belittle the

influences

work

at

which are increasing confidence in and improving all
railroad property.
Our only danger now is in making
haste too rapidly.
A marvelous change was wrought in
the whole situation when West Shore was withdrawn from
its pugilistic position of general challenger, and the South
Pennsylvania was put where it could do no harm. This
week further progress was made in the same direction,
when Messrs. Morgan, Depew and Green bought West
Shore.
They have bought it as individuals and own
it
absolutely, free
from all incumbrance
no bondholder, no stockholder, no creditor, except such as the
sale was made subject to, has any interest in the property.

The Bank

To be

sure, Mr. Morgan has agreed to give a certain bond
guaranteed by the New York Central to the West Shore

bondholders, and

if

we can imagine

that the Court should

adopt 80 remarkable a course as to continue the injunction
granted, he would not be able to

carry out the arrange-

But

ment.

that could not cause the least embarrassment.
Satisfactory
substitutes
can
easily
be suggested.
all

events

if

this

new

firm wants any additional

mem-

we can furnish it dozens of them. Speculators
may try to make much of this hitch in the original plan,
but OHr readers may rest assured that the arrangement

England reports a gain

The following indicates the amount of
cipal European banks this week and at

become

in

in

its

letter

it

Northern Pacific appears to be maintaining the gain in
net earnings that has characterized all its monthly
returns
thus far in the new fiscal year.
have obtained the

We

fig-

bullion in the printhe corresponding

Nov. 27, 1884.

Nov. 26, 1885.
Bold.

BUver.

0old.

•

SUver.

S,
«
«
S.
Bank of England ........ 21,263,971
19,918,971
46,503,356 43,713,390 41,312,533 41,259,251
Bank of France
Bank of Oermanj
7,638,575 22,915,725 6,969,000 20,908,000

75,405,902 66,629,115 68,200,504 62,166,231
Total previous

The Assay

week

.... 74,752,362 66,151,755 68,061,647 62,139,263

$1 12,216 through the Sub-Treasury
and the Assistant Treasurer received

Office paid

for domestic bullion,

the foUowing from the

Custom House.
Oontisting

Datt.

Duiie$.

of—

Kov.20.
"
•
"

21.
23.
24.
25.

2,500
1,500
2,500
1,000

$1,056,897 72

$8,000

26

"

Total.

$500

35
51
40
50
96

$326,853
377,699
343,218
380.292
228,833

TT.8.

Qold

Silver Oer-

Note*.

Bold.

"

should

any particular impossible.

of

date last year.

bers

will be carriedj|out in its spirit, if

.

£334,314 bulThis represents £38,000 net
lion during the week.
received from abroad and £296,314 from the interior.
The Bank of Prance gained 3,420,000 francs gold
and lost 1,748,000 francs silver, and the Bank of Germany since the last report gained 14,594,000 marks.
of

;

At

.

calmly.

Oertiflc't.

tiflcates.

$75,000
106,000
87,000
126,000
70,000

$224,000
218,000
196,000
182,000
115,000

$27,000
40,000
58,000
68,000
43,000

$464,000

$935,000

$5^6,000

HoU

Included in the above payments were $7,000 in silver
coin, chiefly standard dollars.

I

November

THE CHRONICLE.

38, 1885.]

THE JSEW YORK LAKE ERIE

c*

599

WESTERN

now

Railroad managers having

as

so generally accopted

finances of such of

them

had become embarrassed through the long continuance
policy, naturally marks the next step

of the opposite

towards a rehabilitation of railroad property. One by
one the companies are falling into line by so providing for

and arranging
they

The

burdens that each may hereafter as

their

due, successfully meet and discharge them.

fall

firm

has agreed

relieve the

to

company

of its floating

conditioned upon the consol second mortgage

liabilities,

188041.

I9,«7B,T74

80,718,808

:8,oe<i,o«4

18,888^0

8.807.WO

7,488,818

I

WS»*£Vi

Orotc* (MrnlDci*

Otwratlng ojcpvaiat*.

!4347,SI7

.

Not pnrnlDO
UlMWiliUKiouii Inoome.

i«,au.OT(i

i.oa»,aM

(rm,7W

780.888

844,8««

S,9M,II«8

8.JIM,«a8

IfiKJUb

8j«ajm

H.«0S.487

loterest on bondii
Renlitli&otbortnt.,Ae.

i.077.(ne

IM)W,7«8

Total incoDM

4,<109,4«7

4.B48.SM
«,4SS,eM

4.818488

4,148,748

1,400,

3.801.204

n»

Total

a.(M.8ai
l,im,V4li

8,188,8*4

8jM8,«7tl
tUOlM*
+T38BS* TTISgiSa

7,008.808

Balano*

-8II6.M8

8. 4IBJ88

tAUSlnk.fd ro-nm'D.lst Mod
Intoreston tnoomes. ...
DlTldend on pref. itock

lOO.OOO
80,480
488.088

100,000
80,480

engage public attention is the Eric
Messrs. Drexel, Morgan & Co. having last Saturday sub- Surplus
In brief, the Funded dobt
mitted a plan for reorganiicing its finances.
to

latest

1881. 8«.

U4444W8

IIH8-84.

*

the policy of peace in the conduct of their transportation
business, a re-adjustment of the

\maj».
tt.ao«.t47

ISM-W.

REPORT.

488,088

80,480

484340

648,017

001,184

ijBei.88e

78.«87.187

7B.M8.4SS 7B.a68.4S8

70.887,186

67.168.688

IncluilInK 68 per cent of tho eamlogn and tbe entire working, ezpenie* of
the New Viirk PennnylTanla 4c Ohio road for Bve rnoatb* In 18t>»-89, and for fall
yOir« IM8»-*1 and 1884-85.
+ Including a full year'H allowanco for Interest on the second consols.

As to the changes during these years, it is interContemporaneous with this esting to observe that the present deficiency of $1,376,943
coupon of June, 1886.
announcement, wo have the annual meeting of the stock- contrasts with a surplus of over If millions in 1880-81.
holders, at which substantially the old board of directors The reasons for the difference are obvious. The demoraliwas re-elected, and the publication of the annual report zation of rates, the increase in the number of roads comshowing the results of the year's operations. The report peting for the traffic (in addition to whatever njury the
the competiwill of course be examined with particular reference to Erie may have suffered indirectly from
bondholders funding their back coupons and also the

it has an interest apart from
of
the West
tion
marks the first year of Mr. King's that the building of
management of the road, and that it covers a period in wanna affected the
which the unfavorable influences at work, it would seem through traffic), and

Shore,

the plan in question, but
the fact that

that, in

should be remembered

it

the Buffalo extension of the Lacka-

it

road

directly

on

both

and

local

the general depression of mercantile

maximum.
and manufacturing interests, are the main causes. It is
The distinguishing feature of the new administration clear that the decline in rates has played a very important
has been the great economy and saving that it has exer- part in the decline in earnings, and in passenger receipts
cised in conducting operations.
One does not appreciate in the late year it appears to have been the so'e cause.
the extent to which the work of retrenchment has been Yet it is well to understand that, taking a series of years
carried till one sees and compares the figures for the late together, the decrease in receipts is the work of a smaller
To bring this
year with those of the year preceding. This late year, as volume of traffic as well as of lower rates.
we have already said, was a very bad year, and, taking the fact out, we give the following table of the traffic moveThe result on
Erie proper and the Pennsylvania & Ohio leased line to- ment and rates for the last thirteen years.
reasonable to conclude, were at their

gether,

gross earnings

from the

no

off

fell

less

than $2,702,862

Now, how much

of 1883-4.

total

of this loss

is not incorporated in these
has been operated only during the
last two years, and to include it would be to destroy the
Some of the statistics for the
value of the comparison.
last year are incomplete because the company has not as

ducing exorbitant

omy

and of enforcing rigid econ

salaries,

Tear.

Tons
Moved.

loss

in

Other FreioU.

Cool.

On* MUe.

only

$692,301, as

coming as it does after a deficiency in the previous
year, makes the deficiency for the present year quite
heavy, namely $1,376,943
but that is the deficit that
exists after allowing for the interest on the second consols
in full.
No part of this interest was paid, and as the
charge included on that account was $2,015,844, it follows
that leaving the same out of the consideration there is a
This
surplus on the year's operations of $638,901.
surplus, in other words, represents what was earned on
the second consols somewhat less than 2 per cent.
;

—

In an estimate,

made

of August, but not

we

when

those for

Onts.

the

figures

to

as a probable

fixed 2.V per cent

1878-79....
1879-80....
1880-81....
1881-82....
1882-83....
1883-84...
1884-88....

4.410,327 500,436,551
4,067,674 432,329,839
0,518,850 574,533,287

than we supposed

much

heavier

and that there was also
some falling oil in the miscellaneous income. But even 2
per cent must, as Mr. King suggests, be regarded as a
quite satisfactory outcome of the year's operations, in view
of the circumstances
" so difiScult, extraordinary, and so
highly discouraging" under which those operations were
it

would

be,

—
—

The following

table

compares results for the

2,509,850

8,854,426
3,8i2,567 S38,3TO.821
3,307.844 261,928.578

1-260

•988

2,934,341
i

•788
•640

.1,300,362

1183

678,267,229
776.508.343
841,601,825
957.419,188

1-064

•944

1024

850

3,802,314 1,068.785,886
4,648.318 l,28>>.78836e

6,104,672 811,078,125
6.580,820 640.491,106

•808

6,3^.319 676,180,027

-671

5,384,670 1,338,957,882
4,896.619 1,118,786,482

•888
•788
•728
•800
•746

6,137,242 705,276,525

-589

4.116JM7

982,270,163

•704

IreUiM

(li

all

•738

5,567,973 1,409,861,818
5,790,566 1,343,313,686

•845

•758

Passenters.

Kinds.

Rate Cost

Year.

Tona
Moved.

Tbfu Moved

Number

One Mile.

Carried.

p.m. p.m.
«».

6,812,702 1,032,986,000 1-454
6.304.2T« 1.047,420,000 1-811
6.239.943' 1,016,618.000 1-200

1873-74
1874-75
1875-76
1876-77
1877-78

CU.
930
•910
•95*1

5.972,818 1.040,432,000
6.182,45 1,114,586,000
6,160.466 1,224,783,000

1008

-886

-9S5
-973

-752
•56!

674

Rate Cost
Carried ppns ppaa
0n« MOe. p.m. p.m.
t4i

CU.

3,922,156 164,838,000 srws ....
4,223,130 160,204.000 2-313 ....
5,052,855 156.396,000 S-227 l^SGO
5,042,881 168,074,000 ^•|08 l'88t
4,887,238 170,888,000 1-884

14«

4.896.327 140,396,000 2188 i-mt
4394.627 :49,115,000 2-091 1^0»4

8.212,8»1 1,569,222.000
8,715.898 1.721.112.000

•836

•084

5401 ,431 180,460,000 2041 1881

80S

•529

11,895.23* 1.954,390,000

•749

S86

ll.965.49( 1,979,448,000
ll,07l,03>i 1,794,916,000
.

-780

ll,086,823!l,984.3fl5.000

1R7S-79
1879-80
1880-81
1881-82
1882-83
1888-84

IffM-m.

2,387,376
2,665,174

1-199

3.218,110 i72,»81,395
2,850,100 287,344,5801

the end

minimum, but

2.400.760

3,911,942

September, had been pub-

appears that the loss for September was

carried on.

Moved.

per Mile.

1872-73....
1873-74....
1874-75....
1875-76....
1878-77....
1877-78....

187S!-73.

lished,

Tbna Moved Bate p. ton
per MUe.
One MUe.

Tona

Tna Mov'd Rate p. ton
Cents.

earnings, though

net

stated,

I

full details.

generally.

The

it

Ohio

figures, since that line

Only $692,301. And why?
Simply because expenses were reduced in the sum of
And Mr. King takes pain to inform stock.S2,016,561.
holders that the saving has not been at the expense of the yet furnished the
physical condition of the property, but is the result of
abolishing sinecures, of removing superfluous men, of reappears in net earnings?

&

the Pennsylvania

786

•532

•719

•519

8,144,168 200,484,000 2016 187B
6,784.196 225.131,000 1-947 1-ats
6,816311 200,366,000 !ro«4 1-8M
6388,889 169,699,000 1M8B i-ean

.rW7,547.000

666

10.2n.<i..|««l

1

Thus the volume
There has

been

of the coal

....

6,899.767

traffic

has kept up

a considerable falling off

well.

during the

THE CHRONICLE.

600

two years in the number of tons actually handled, but
on the other hand the haul has been longer, so that the
It
tons moved one mile was larger than ever before.
is this coal business that has in recent year3 undergone
the greatest development, and aided the company materially in passing through the late crisis.
It does not
detract from the merits of the labor expended in building
up this traffic, that the business is no longer so profitable
When we come to the merchandise
as it once was.
find that
the tonnage in 1884-5 was
freight, we
last

only 4,116,247

would be erroneous, we

think, to

of this falling off to the construction

and the West Shore, and

King

Morgan &

Co.

stated

is

it

that

XU.

loan

the

to

is

be raised on bonds of the Long Dock Company, but nothing is said as to the amount of these bonds, nor as to

what portion of them

is

to be used

in

reduction of the

For some reason not apparent

floating debt.

to us,

Mr.

iving invests the matter with a certain degree of mystery,

and refuses

answer questions connected with the sub-

to

however,
matter in very simple form.
Investigation,

ject.

enables us to present the

At first blush the call lately issued for redemption of
$727,000 of the collateral trust bonds (and which has not
million tons, against attracted general notice), would appear rather singular at
millions in 1880-1. this juncture; but on examination it is seen to be a really
attribute the whole necessary preliminary to the issue of the new Long Dock
The capital stock of $800,000 of this Long
of the Lackawanna mortgage.

tons, against 5,790,56G tons in 1881-2,

and the tons moved one mile but 982
1,343 millions in 1881-2 and 1,409
It

Drexel,

[Vol.

states that in the late

to business

depression.

Mr.

year competition was at times

Dock Company
as

security

was, along with other securities,

the

for

were

collateral

trust

pledged

when the
Erie company

bonds

1883, and the
do anything ihat would in any
in some instances to withdraw entirely from the contest
and let other lines take the traffic. That will explain, too, way impair or diminish ihe value of any of the
As the amount of bonds ahead
why the decline in the rate realized on merchandise securities pledged.
so violent, and rates so low, that the^Erie felt itself obliged

latter

bound

freight

has been so

per ton per mile, or
But, after

all,

little

— only 42

less

than half a mill.

thousandths of a cent

—

was realized) was very low indeed certainly
For it should be borne in mind
that this does not represent the through rate, but the
average of both through and local, and includes all the
various classes, high and low-priced, light and bulky
and this whole tonnage has been carried at a rate equal to
lower than ever before.

between Chicago and New
York.
The rate on through traflic alone we do not
know, but it must have been very small indeed, for we
notice that on the Pennsylvania & Ohio leased road,
which we may suppose to be more affected even than the
Erie by the course of trunk line traffic and rates, the
only 35 cents per 100

lbs.

average per ton per mile
thousandths of a cent

(local

—that

not

and through) was only 479

than half a cent per ton
than a 25 cent rate between Chicago and

in

to

Long Dock

the

increase the

the rate of 704 thousandths of a cent (the

figure that

of

placed

itself

same

in the nature

of

stock

now

is

only $3,000,000, to

would bs clearly
impairing and diminishing the value of
to 7 millions, or more,

the stock in question, and therefore not permissible.

Ex-

cept for a provision in the collateral mortgage covering

such a contingency,

just

Erie to

make

vision gives
of

the

figures

Dock

the
the

in

the

at

certain

fixed

deed of trust (that of the Long

being

stock

would be impossible for the

pledged,

securities

named

it

new loan now contemplated.
This procompany the right to redeem any

par),

either

by

a

deposit

of collateral trust bonds at par, or by paying the requisite
cash to the trustee of the mortgage, " in which latter case

" the trustee must

"them

draw the bonds by

lot,

and. pay for

110 and interest after three months' notice."
This appears to be precisely what was done in the presat

ent instance, for the call

is for $727,000 of the bonds at
premium, requiring $799,700, or only $300
New York. We are in these figures referring to general short of the $800,000 deposited with the trustee.
merchandise freight alone, exclusive of coal freight. When
Of course through this transaction the amount which
we come to the latter, we find that the Erie suffered a the Erie will have available in reduction of its floating
very heavy reduction of rates in the late year from debt from the new issue of Long Dock bonds, is corre0-674 cent to
589 cent, and competition no doubt had spondingly diminished. This new issue, Messrs. Drexel,
much to do with this reduction.
Morgan & Co. inform us, is to be for 7-^ millions, and to

per mile, and

less

is,

less

10 per cent

—

If

now we suppose

that in the current year the com.

bear

and of the total amount 3
to take up the old mortlines) on its entire tonnage, local and through, coal
and gage on the property, leaving 4^ millions of the bonds
merchandise, what would be equal to an advance of only available.
If out of this 4^ millions we take the $800,000
5 cents per 100 lbs. (it should be much more if there is required as above, the amount of bonds actually remaining
no break in the latest rates established), or one mill at the disposal of the company would be $3,400,000.
per ton per mile, the advance would be worth to the Erie This is much smaller than the figure at which the
floating
(on the tonnage of the late year) $1,687,547, and of course debt has generally been placed, but it should
be rememthere would also be some gain from higher rates on the
pas- bered that in this debt the past due coupons (three in
pany

will realizi

(under the

new compact

of the trunk

On the Pennsylvania & Ohio leased line
an advance of 5 cents would be worth .$694,232, of
which
the Erie would get 68 par cent under the lease.
But it is
not necessary to enlarge on this point; it is clear that
the
senger business.

prospects of the Erie, as of all the other trunk roads,
have
greatly improved under the latest arrangements
between
the trunk lines.

6

millions

per

is

cent

to

be

interest,

reserved

number, and calling for $3,023,766) have always been
and these past-due coupons are to be funded
into a special bond, along with the coupon due next June.
The coupon due the ensuing December is to be paid in
included,

cash,
to

but in great part the
the funds for that

get

company should be able
purpose

out

of

current

earnings.

As

already said, the full annual report of the
company
has not yet been given out, and therefore "the
contents of
the balance sheet con'.aining the items of the
floating debt
and the cash offsets are not known to us. But in
his com-

munication to Messrs. Drexel, Morgan & Co.,
as pub
Mr. King distinctly states that the new loan
pro.
posed will wipe out the floating debt in full—
which, of
ourse, settles that point.
In the advertisement of Messrs.
lished,

I

IMPORTS AND EXPORTS FOR CCTOBER, AND
FOR THE TEN AND TWELVE MONTHS

EMDED WITH OCTOBER,
The Bureau of

1885.

has this week issued its detailed
statement of the foreign commerce of tlie country for the
month of October, and the ten and twelve months ended
with October, and we give the figures below,
Statistics

.

I

November

THE CHRONICLE.

28, 1880.J

fflonttavvii(£>0mmzvcitnl%nali3li ^ewa

MBKCnANDISB.
For the 10
\itonthat;ndf(t
Oil. 31.

For the
month of

|

I

Octobtr.

Fur Ihe

1

UonthnrmUtl
Oct. 111.
I

BATES OF EXCHANOE AT LONDON AND ON LONDOM
AT LATEST DATES.

«5J3.S8 1,781 $701, U 10,104,

^-fj.— Exporta-DoiiHMitlo..
Forulttn ...

,

601

1,282.170

Totiil

13.1 IH.713

4)72,478,712

i(t>i7,<>:io..'>j7

,MI!>.I8S

*ri7,

171I.Tl,'VJ

axoaxNea at LosooN-sot.

13.

577, Il7,:ii2

5.'1,7'»2,931 48.">,»:ti.i)ij
Imtiurts
f oxiiorts over Imports $i8,00J,778| $(>l,Uit5,U14

Onr-

9lt4 ,7u:!,u;ii.>

•

over export*
«70.fii)8,ll4 $566,040,384 $710 ,128,441
-lixports-Dotucstlc
l,Ot!1.4'l8
1ft
13.177,219
Fiirolgu

Aim.

Tbn*.

MxoBAirsM
LaUtl

oir

lohdoh.

niiw.

Mak.

.Nov.

12 Bhort.

1205

Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.

12 Short.
"
12
«'
12
II
11
II
12
"
12
11 3 mos.
12 BUort.

Dal4.

nf liii|Hirt8

l-'-^i.

.

«734 ,M'^7,7»il

«71,ti.M).ftf(2 $,S7U.2i7,t;6j

Totiil

541,87!),45)^ J<S2 .Vn,4l3
$37,338,ia2 $8^, ,2tlB,380

51,'l75,32t

Imports

Amstnrdatn. 3mn«. I2'2\ «12'3s
Amsttirdam. Short.
12 lVt»121%
HaiubiirK..
3 mos. 20-52 »20-56
**
20 52 •20 56
Berlin
.

ii

Vienna

••

12-72111 i»12-77ia

Trieste

\Pi>s» of oxportu ovnr Imports !f;Lt),ti84,2>H
voes8 of Imports over oxporta

'«

ia-72'«»12-77'«
25-47ia»25-62i»

Antwerp
8t.

GOLD AXD 8ILVBB—COIN AND BULLION.
^S5.

— lixiwrta— (iold— Uoni.

400
$139,12U
$1,674,006
8^9,<U7
$2,524,823
$2,663,943
$1,323,811
1,925,229
$3,249,040

Silver

Total

exports over imports
KxeesK of Importsovcr exports
1834.— Exports— Gold- Uoiii.

$3,87«,146
5.974.711
$9,852,159
$22,283,664
11.104,40i)

$33,688,133
$43,54n,!»92
$23.3.'>3,46.">

17,»53,793
$1 1 ,307,2.'>8
$2,233,731

$27",M4*,828

$9,209,651

Eiocs."" of

585,097
$189,270

. .

u

.

i<

PetofBb'g

23>4923>«

Bhort. 25-21!4»25-27'«
3 mos. 25-40 »25-4iS

Pari*
Paris

$3,^15,622
8,073,151
$9,188,773
$18,630,932
9,335,774
$27,»6«,70«
$37,155,479
$12,928,702
15,017,058

1^138,720

Foreign
Total
Silver- Dom
Foreign.
Total
Total exports
Imports— Gold.,

2042 «20-56

Frankfort...

(lenoa

25-65 «2»-70
457g345<>e
45''s»45'g

**

Madrid

11

"

Cadii!

Usiion
Alexandria
Constant'ple

Bombay

"

"

Oem'd

Calcutta
Now York...
Horn; Kong.
Slianglial. .

ai^g4913|

.

•'

.•*

—

....

Is. 66i«d.
Is. esjed.

20-34
12-60
2.5-24

23 as
29-22

....

..*.

Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.

20-34

8034

12

3moa.
12
•>
11

46-60

•

12
12

....
....

11 3 nioR.
13 rel. t'rs
*«
13
13 80 days
13 4 mos.
<
13

«•

109-00

la. 66334.
Is. (Pud.

3b. 558d.
4a. 8»8d.

(From onr own correspondent.]

London, Saturday, November 14, 1885.
Stock Exchange is to be regarded as the barometer of
$192,5^3
public opinion, the hopeful anticipations as to our commercial
$1,351,123
1,219,529
future may be said to be becoming more pronounced. The
$2,573,632
rampant speculation in American railways is extending,
$2,766,195
though certainly in a minor form, to English railways and
Imports— Gold
$ !.451,402
the securities of industrial enterprise. Notwithstanding the
2,743. 13ii
Silver
Total
$5,194,538 $30.10.>,y»6 $.i8,l02,9i9 absence of any prospect of the early settlement of the troubles
Txcess of exports over Imports
$34,025,485 $31,300,631 in Eastern Europe or of any decisive information pointing to
2,428.353
xeess of imports over exports
a rapid expansion of trade, there can be no question that a
more confident feeling is asserting itself. Politics are not
TOTAL MERCHANDLSE AND COIN AND BULLION.
exercising that influence they were a few weeks ago, at least
1885.— fixporls— Uomcsiic
$/3,<J10,16S $5.i5,728,338: $727,771,973
32,948.371 so far as relates to foreign affairs. The coming- election is of
2 ,132.487
2S,457.66S
Foreign
Total
f75,142,H5.') $.i84.18H,006 $760,720,3 i4 course for the time being a hindrance, but that is transient
57.031. 974 5 2,980,741 613,724 ,580
Imports
and will be speedily overcome. Furthermore, we can hardly
Excess of cxpoi-ts over imports $18,110.0811 $71^205,265 $110,995,764
expect there will be much change during the closing weeks of
Excess of imports over exports
,l«
lS84.—Exports— Domestic
$72,141,507 $6ir>,10S.6Sl $771,659,132 the current year, but a general belief undoubtedly holds that
Foreign
2,28 4,260i
28,237.423
32.871.927
the new year will soon exhibit evidence of a commercial posiTotal
$74,425.7671*613.344.081 $804,531.35
Imports
57.169.802! 571,980,447 690.964.342 tion to which we have long been strangers.
Kxcess of exports over imports $17,255,9031 $71,363,637 $113,567,017
The advance in the Bank of England rate of discount from
Exces.s of imports over exports
3 to 3 per cent was not brought about by any expinsion in the
The following statement has also been issued, showing, by demand for money for trade purposes, but was principally due
principal customs districts, the values of merchandise im- to the necessity for protecting our bullion reserves. There is,
ported into, and exported from, the United States during the however, evidently more movement going on in money, and a
month of Oct., ISS.j, and during the ten months ended maintenance of the movement will strengthen the hopes of
with Oct. in botli 1885 and 1884; also the total stock of goods those who indulge in optimistic views as to the future. Specuremaining in the United States warehouses at the end of the lation in stocks has not extended to produce, and for this we
period.
have to be thankful, as in these days, where profits are cut so
fine as to always approximate the vanishing point, it would go
Imports.
Exports.
hard with our manufacturers to be compelled to purchase the
Ct'SToMS PisOctober, 1885.
Ttn months en^iriQ
Ttn montlu ending
raw material at inflated prices. Beyond the advance in the Bank
Oct 31.
Oct 31.
Pouts.
of England rate of discount nothing of importance has
Imporlt. Erports.
1885.
1881.
1885.
1884.
transpired during the week, either commercially or finan$
*
«
$
.

Foreign
Total
Silver— Dom...
Foreign
Total
Total exports

$31,536,883 $35,367,9.^0
5,697,277
5.736^47
$10.284. ItiU $11,124,497
$14,179,394 $17,163,038
11.416,02.'!
9.362,927
$:3,8 12,3^1 $28,579,063
$64,126,431 $09,70.-?,5(>0
$17,532,954 $2'.', 89!). 994
15,SOi,035
12..')68.0i2

3,2C3

If the

;

:

|

]

1

j

I

He.iufi>rt. a. C.
Boston. M:u*s..

8,31K).fll9

S43.839

8,MS,275

33,025
7a,2«0

534,30i
85.813

87,431,
f

1,54U,2»3|

$

t

1

.itlmoro.Md.
Me...

.iiiifor.

4.0W,460 45.081301

9.079,738: 29..'M4,S21
lOl.Wl
671,:«8i

31,5:«.355

9,1;i.945

845.295

45,829,558

53,941,1^1

343,291
493

693,525
1,197.874

807.833
1.480,000
3«.i.54

Braz'js de 8untittKO. Tuias.
Brunswick.Ca.

49,709

Buiral.iCk,N.V

8W.a<W

Chainpln, N.Y
Cliarle9t'n.8.C
ChlCllBO.lll...
Detroit. .Mi<:h.
Dulutll. Mlnu.
^.iilvest'n.Tex

Huron, Mich..
Minn'^'it.Mtnn
Mobile. Ata..

Kew

Ori'ns.l.H

N.'^ Vork.N V
NinjiHra, M.Y..
.N'.rfolk. Vu...
tMr.'i:on.Ore»r..

uswega'ie.N.V
OswcKO. N. \
.

68.739
91 952

1

23.WI

33.1.914

1.24S
4.049.652

2il9.104

lflO.128

45,793

4.087.,S!/5

2,090,9.56
32i.lJ24

17I1,S«2

8.597,499

S70.178
201,017

1,-115,1.38

851,«5i,
241,1186

32.3inl 4.v36.9n3

129.819
72i,440

Sl.'J.lUS

9.W.333

1,706.717

S'.OOHl
217.,f03

10,72H
9I.B73

571.80*

s;7.o;.T

5l,'.O0

l?a.D7R

7,182,401

24,008

s.Piiv.'i

7-2,47 f

3,884,2a2;

2.331,145
382.790
4,315,810
1,809,449
11,432
694.87:
2,089,15)
415,707
5l;,OI8
199,273,
8. 79 1,

270,188
1.2.'>2,889

i,.~>r),s,,'^09

9.707.801
l,5i9.»«5

li.2vu.r,itn
2.-' '8.851

4,5',J3.II08

3.20t.TlM

2.:5S.151
8.0*1.184
6,H«4.270

ll,891,4li6

l.o.'JS.J'.'O

9.408,141

12-1,344

U«,l«8

l,H5,nsV

2,U.j.4'i2

2.5<0,833
49.9'.i3 ISH

'.'.9;i-i.4i'*

5",'.lXit.!li8
-50
:U.3tl.319 28,l0I,l><2 !20,04c>..^7.l 3'H.7-8,89.' •,i78,ll:).31S 2;o,Mi';.8^'2
155.959
4.070
5H,0i3
87.2'l0
2,603,257
2,838,429,
11,810 1,71)0,885
10 ',056
93,287
6,33^.697
7,320,159
l«4.3fl2
1.2S.S,020
«.19I
2«».74B
132,143
l,Hs:i,529
2aB..Sl153.H43
1,551.353
1,222.770
l,38.'i.059
3,719,411
4,01fl„3S3
l,241.8;r7,
189.701
8,137.811
i.WX'iHi
1,8.34.0 14

«7.^.1pHa

R.

Paasam'dy.Me

52.8U,S

Pensacola.Fhi.
Phlladel'a. fa.
Portland, Me..
Kichraond. \ a
Saluria, Tex..
San Kr«n.,Cal.
Savannah, Ga.
Vonnont, Vt.

14.HS0
2.855.9«4

02,0>C

393,1!52
4,0 ; 1,037

Wlllamettc.Or

41.7;ii

a.'ia.4oe

WIlmrg'n.N.C
Yorktown, Va.

203,483

0.432

l,189.1tl2

6,3,638

S«3

22,748

SI .804

1,388,194

961.680

10,260,390

3;<,22U
8I.5:<8

492.H2S
89.103

2.8M.HM8

27.85.).Hl)»

12 -.Bit
687.979

1,338,707
21,418

20,1170

21.7.1131

3,S5S,30ll 3.515,a5:i

28,332.031

15.1.

Wsl

7.27.1'
58.:f'i2

3«,323
590.17:

5.a5-<.r>ort

538,719

853,188

itt'f.Via

88.36S
1.S93..I0O
31,94S,717
1,861,J58
8.344,333
237,904'
1,7n7.«3;
154.852
la.'5,098
3o,30n,810 27,73.1.14.1
423.890, 10,8,'i4,M4H
4,997,32li
1.131.911
390,741
S.290.H41

2,017.8*1
30.511,332

28,753,9:i9

207.921
28,915

8,117,10-1
1.294 ,aja

5.112.7110

l,4.",M7l
.M1I.21I1

28,7ul,.l31
l;l,a"i4.877
1

,2n:,,-iia

2,r)l,'i..5U9
2.48:).i)4.-)

2,920,248

All other cus-

toms districts
and ports
Totals

*.9»r,740 ( 7.861,888

9,S2«,235

•S>f.-Ha.934'72,t7«.7;M 185.034,9:3 541,879,451 547.030,527 579,2I7,«IW

Remaining in warelouso October 31,1835
ReualnlDg In war<:tiouao October 31, 1881

cially, until

to-day.

News comes

this

morning that hos-

119,ll.,a

39.905
5S,10S.83B

$35,243,173
32,907,42

have actually commenced between Bulgaria and Servia; but it is not believed that the conflict will be allowed by
the Great Powers to become general, and it is not improbable
that energetic action may now be adopted which for the time
at least shall settle the disputes in that quarter of Europe,
and prevent any interference to reviving trade. Nor is any
long trouble expected with Burmah, with whom we are now
tilities

at war.

The metal m-irket has baen exhibiting greater steadiness
during the week. Copper has advanced about £1 per ton and
iron is about Is. dearer, the close being strong in each case.
That precautionary motives weighed with the directors ia
influencing their decision in advancing the official minimum,
becomes more evident from an examination of the weekly return. In point of fact the position of the Bank is stronger
now than it was a week ago, the reserve having increased
£429,411 in the interim, and the proportion to liabilities being
41-64 per cent against 38-83 per cent. In bullion an increase
of about £76,000 is shown, notwithstanding the export demand, from which it can only be inferred that coin is being
The stock is now £20,713,000, or
returned from Ireland.
about £1,400,000 more than at this time last year, whilst the
reserve is £11,772,000, or about £2,000,000 more. It is satisfac-

THE CHRONICLE.

602

tory to notice that the total of private deposits is being gradually reduced, the loss on the week being £755,869, thus indicating a better demand for money; and,a decline of £803,559 in
Government securities bears witness to the endeavors of the

the open market follow their lead b'
contracting the large balances still unemployed. But the
question arises, will the Bank be successful ou that point ?
IJnless they can elevate quotations out of doors, it will be very
It is the state of the
little use putting up the official rate.

Bank directors

to

make

[Vol. XLI.
SILVER.

GOLD.
London Standard.

iVov. 12.
>.

Bar KoM, fine
oz.
Bar gold, contain'K.
80 dwts. silver. 01.
Span, doubloons. oz.
3.Am.donbloons.oz.
.

n

CHov.

d.

<.

ojii

77

77 11

Ijondon Standard.

8.

.Yof. 12

(t.

A-nr

/I.

9«

Bar silver
oe.
Bar 8i1ver,contaln-

77 11

iDRSfirs. K0ld..OZ.

Cake Bilver ...ozMexican dols...oz.

fi

47K

47H

47
47
51

51

47«

47

The speculative excitement in Stock Exchange circles has
been daily stimulated by the advices from New York. The
rush for Canadian and American railways has been very
great. Not only liavo English operators been dealing freely,
but we hear of large parcels of stock being absorbed by Dutch
and German houses. The advance in prices is naturally very
decided, but the rise is merely the reflex of an advance which
has previously occurred on ypur side. The last day or two
has, however, witnessed an extension of the speculative movement. Previously it had taken its initiative from New York,

open market which governs the exchanges, and this regulates
the ebb and flow of gold. Some significance must therefore
be attached to the circumstance that the joint-stock banks
have not fully followed the lead of the head establishment. It
is usual for the different banks to fix their rates of allowance
for deposits at notice at 1 per cent under Bank rate, but this
time they have only advanced the quotation % PC cent,
giving \}4 per cent, instead of 2 per cent, as was expected.
and was confined to the securities dealt in at that centre but
The discount establishments also have raised their rates only
per now English railways are being readily purchased and there
ft per cent, giving \% per cent for call money and 1%
is also a run upon gold and copper mines, Rio Tinto copper
cent if with notice. From tliis it can only be inferred that
mine shares being the special attraction of a French syndithe principal financial establishments do not contemplate that
cate.
The new development of this speculative fever has
the absorption of present supplies of idle money will be at all
moment at least, the discount been so sudden that the permanency of the movement is
rapid. Meanwhile, for the
;

market, without being active, is firm, three months" bills
being negotiated at about
per cent below the Bank rate.
The rates for money have been as follows

%

questioned.
It is difficult to discover what has occurred during the past week or so to influence the value of Stock

Exchange securities to the extent noticed, and it would create
no surprise were there to be a sharp reaction. The fortnightly
settlement which was concluded yesterday^ was not without,
Interest aUowed
Ovtn maTket rattt.
for deposits by
some disaster. The checks of a large operator were returned
and it is believed that heavy losses will fall within the House
Dtsc't Wst
Joint
At 7 to 14 The speculator had an enormous account open for the fall in
Four
Thret
Six
Three
Four
Six
Stock
Months Months Months Months Months Months Banks. OalL Dant
American, Canadian and Mexican railways.
I
m® - l«a - 2 ® - 1H^2
The Peninsular & Oriental Steam Navigation Company
- V4'3 - 2H® «- H
1®
1
iHm'4 a^i-ss
recommend a dividend of 5 per cent per annum, with a bonus
- l«ia -2>i» - 1,'^«2 19<«2M2.i(Sl8
1
ma
- 1
a ® -ma H- H of 3 per cent and 1 per cent from the underwriters" account,
.2<4'A -3 ®
-1
1
'.W92 2K(32Mj2}<® - 2 a -[249214 3 ® :

UmAm

9'

8

"

16'

2

"

2S! 8

Oct.
•

•'

8
Not. 6 2
"
1.1 3
30|

1

I

s«® - 2«9 -l2«9 -

3

2iHaS

1«

®S!i 3M93)<

1«-13<

the year.

The following return shows the position of the Bank

of

England, the Bank rate of discount, the price of consol.«,
theprice of middling upland cotton and wliea% and the Bankers,'
Clearing House return, compared with the three previous
years
1885.
1884.
1883
1882
a
M
Aether bills.. 24,691.370 25,30s,39a 2^,461.975 26,20'),O10

Olronlatlon.exchKlIng
7-daj-

Pablic deposits

2,8^5,910
Otlierdepo.sits
25,161,6^9
Qovenim't securities. 14,315,210
Other securities
19,816.'. 13
Kes've of notes Aoolii 11,772,543

m

Coin and bullion
both departments.. 20,713,913
Proport'n of reserve
to liabilities
41-64 p. c

Bank

rate

3 p. 0.
10U7l fi.

Consols
En(?. wheat, av. price
Mid, Upland cotton..
No. 40 mule twist
Oiear'if-House ret'n

.

24, 29,»i01

22,.i93

14,679,0 )-i
19,571,301
12,36^,211

10,631,05/
22,531,912
9,818,917

19.319,209 22.033,18a

20,307,937

13,3 a.H?-*
1

2

66.639
9,7i>U819
!,R

328.

l.'.g

lOU-ne

33"8 p. o.
o ().
lOl'a

40"

40s.

p. 0.
3 P. 0.

IOUSh

Id
4%d.
8 Ted.

42^

35S|» p. 0.
5 p. 0.

31h.

92,765,000

2,i4i.8;4

4,«30,22i

4,111.0 >()
2i.(14n.007

0,1.

SMd.

'

1(1.

59] d.

11a
5 lad.

•' 01*9»8d.
lOd
IVU.
."TJi.
97,010,000 121,9Sl,OuO 138,1.19,000

The Bank rate of discount and open market rates at th p
chief Continental cities now and for the previous three weak

s

have been as follows:
Nov.

Batuof
Interest at

Nov.

12.

Fnnklort

3
4
4

Hunborg

4

Amsterdam

2«

Brussels

8
4

2«
2H
2«
2H
2H
2H
SH

4

4

6
4

6
4

e
4

Madrid
Tlenna
St. Petersbom..
Copenbjufen

Messrs. Pixley

5.

& AbeU

S

Oct. 29.

Bank Uptn
BaU. Market

~2%' ~S

4

2H

4

23i

4

3

2H
2«
2^

4

4

3
4

4

8X

4

6

6
4

4

Oct. 22.

Bank

Open

Rate.

Market

~2>r ~S

2H
2%

4
4
4

2H
2H

4
4

2J«

4

8«

2H
2H

2«
S

2«

4

4

extension of the speculative movement in New York will infuse anything like life into the trade, and of that no signs can
be perceived. If New York shows weakness, our market,
which all the time keeps below New York, cannot be exjjected to be strong.
The advices of the advance in freights
on American lines, which should increase the cost of placing
wheat at Liverpool, and, pari passu, enhance its value, have
either been ignored or at least have fallen very flat, and have
failed to steady prices in any way.
The market is for the moment, in fact, sufficiently well supplied with produce, notwithstanding the contracted American shipments.
The
aggregate importations have become more liberal, and for the

weeks now show an excess over

last year of nearly
a deficiency of about 600,000
cwts. in the receipts of flour. Farmers have been sending
forward somewhat more freely during the past week or two,
but the gross sales in the principal markets since the commencement of the season still show a falling off of about
Meanwhile values keep low, the average for the
73,000 qrs.
season being Is. 9d. per qr. below that of last year.
The following return sliows the extent of the imports of
cereal produce into the United Kingdom during the first
ten weeks of the season:

past ten

sa

4

an

e

8
4

e

write as f oUows

4

on the

4

state of the

OTPOHTS.
1885.
owt. 12,001,600
3,2-3.474
2,688,167

WhfOkt

Barley
Oata
Pea«

379,883

Beans

774,9><5

[ndlanoom

Gold has been in RtroHK demand since last
but the ralsinn- nf
Bank rate to day from 2 to 3 per cent week, o a certain nv?^^,
win
1*1 \yit\, will 10 u (ircain extent
fiirtiifr Avti^tiH^d
Ti.«, T>

the

(

"'*'*''''"°= K'^«'-P"«e. *166,500; Cape,'"*(i6''"o6;
tolal,

an nr,kM^';frnl^^VJM^l?M:.T^'''" »»••!»'> 1'i'^fation of 47t%d. and on
*-"»f"«l>,Miut beii.K received, the iiiicB rofe
to 47101
»t tJ 1,1, ,i,„

5,466,357
2,313,186

Flour

The quotationB

1885.
rmportsof wheat, owt.12.009,600
imports of ttour
2,343,186
Sales of hoine-^trown.. 9,i<09,085

23,653,171

The extent of
oats in

for buUion are reported as foUows:

1883,
11,3S8,«33
4.87-',466
2,6ii!,014

I3*,741
5:18,528

6,272,66
2,892 016

1882.
17,176,045
2.888,953
1,620,800
171,117
255.504
2,801,908
2,8i5,280

1):

Total
th^l.^en^hmlamcr'"'''"'''''"'"*'' """""'"S the receipt of supplies by

1884.
1,7911,559

4,830,086
2,216,815
391,973
74i,480
3,820,108
2,992,677

Supplies available for consumption (exclusive of stocks on

September
*"386,650:

is still

4

2i4

2H
2H

bullion market

check

The wheat trade remains in a lifeless condition. There is
an entire absence of any special feature. Millers still altogether
refrain from allowing their operations to go beyond supplying
actual requirements. Factors, and not without reason, are
complaining of the slackness of business, and farmers are
equally disappointed at the prices realized. Nothing but an

130,000 cwts.; but there

Bank Open Ban* uren
BaU. Market BaU. Market

Parla
Berlin

making with the interim dividend already paid 8 per cent for

the

first

1884.
11,790,559
2,992,677
10,352,592

1883.
14,388,833
3,692,016
9,805,700

1882.
17,176,015
2,825,280
8,571,489

25.135,828

27,086,.579

28,572,814

home-grown wheat, barley and
the leading markets of England and Wales during
tiie sales

of

ten weeks of the season, together with the average

i

NovcMBSR

rcalizod,

l<ri

in

tiK'

THE OHRONICLE.

28, tSSS.J

compared with the previous season, are

zroarit

eihowi

603
4jiu i«pii«ra

followiuK statement:

nam tobb.

m- ••iMiia »t

Maporlt.

Import*.

*ioid

tS8S.

«.

M

:

It.

Ol;,8.^o 19

Barley
Oats

I

iroal Biltaln

f^

8aU*.

648,372
1
812.504 30 !0

Wheiit, qr«

Ii8).

1884.

T^

««"•

r21,74rt

WtM.
• 1,071

ieruianr
tlt»t

U.

40 10

675,'<«rt

lt36,'J.'>3!32

757.2li.'Sl:i3

11

157.185)9 11

3|

«
945.700

12,Htl
04,401

,

WttM/Mt.1

Wiek.

«324,nAl

SaU..

32 10

lOJ.iUOllO

tinea Jan.l,

«426.123
3,24ll.0<:0
0..-,U..J7»
l,29.-..0i9

13:i.i<6l

isiiobio

0,661,859

28,261

2i',iV<'6

317,052
492,b07

79,285

21,970

a7,080
839,004
74,743

$178,641
B;,I88

»6,873.541
38.01 9,.^74

H. 182,087

$12,43.5.903

2,UT0.:UI6

23.0i)il

fiiilleii

601,693

4fl8,l«(;

20,237,108
13,906,808

*f»M[l00. ..,,..,. .,..,.

8oath Amnrio*
411 other oonntrlea...
ratal 1886.
Total 1884
Total 1888

Converting quarters of -wheat into cwts., the totals for the
whole kingdom are estimated as follows:

Silver.

Wbast

owt.

1885.
9,300,035

1884.
10.352,593

188.1.

9,805,700

The following shows the quantities of wheat, flour and
maize aHoat to the United Kinf^dom:
Atprttent.

Liu I week.

qnt. l.HBi.OOO

Wlieiit

l.40),000

Lout year.
1.570,000

ISi.OOO
202.000

l'.!l.000

l(i7.000

Haizo

Iti7.00()

(ir«.

Bncllsli

The
«ffe

FlnKUclil .««riieis— Per Cable.

daily closing quotations for securities,

reported bv cable as follows for ^he
Londou.

Hon.

Sal.

paroz.,
Consols fur inonej
Consols for account

Bllver,

d.

I

<fec.,

week endintt Nov,
TKun.

Wtd.

TutM.

79-,iO

U5>a
I2714

S5°8

56%

97%

98%
26%

100^

142 14
57 Hi

142
56 '4

I3>«
IO9I8

ll's

Phlladel|)htaA^ Readlnf^

Sew York Central

FH.

79'80
1151a
127 14

79-.56

1151a
127>4

5.')>4

nilnols Central

27:

fi

Canadian PaolUo
56 >4
Chlo. Bill. A8t. Paul.... 100
Erie, ooiumon stook
27%
Pennsylvania

at Londcjn

47T
477,
47',6 "477 i^
471a
475iB
lOOOja 1001^8 lOOlSifl 10016, iOO'Bio 100 1 -lie
lOl.u.s 100 :\»
101
l00;BiB 10016,, lOO'SlH

Fr'oh reuten(ln Parts) ft 80 07 hi 7995
llfti?
U. 8. 4>«so<1891
1151a
U. 8. 4s of 1907
127% 127^

261a

142

5«i3
1208
107»8

106 13

1

.

5

12714
581a
10013

56%

142%

142'3

"

5B''9

.')608

•<

1278
109»8

12%

'

116^

I

I

10!)%

been organized:
3,408—The

First National Bank of iloscow. Idaln. Capital. $j).0J0.
Miles C. Moore, Prosldent: vvillimn W. Baker. Caaljler.
Trailers' National Bank of Sp ikane B'alla, Washiufftou Territory.
Caintal. $75,000.
Edward J. Briokell, Presideat.

8,409— The

Jaooh Hoover, Cashier
3,410—The Second Naiiiinal Bank of Owosso, Mich.

Capital, $60,003.
r. Nichols. President; E. M. Miller. Cashier.
HlUslioro' National Bank, of Hillsboro', Dakota. Capital.

A.

ijiiO.OOO.

Amos L

Plumiuer, President; Alliert L. Hanain.

Casiiier.

3,412— The Union National Bank of La Croase, Wis. Capital, $100,000.
Angus Cameron, President; 1. N Perrv, Caihler.
8,413— The Union National Bank of Richmond, Ind. Capital, $100,000.
Jesse Cates, President;

J.

K. Jones. Cashier.

—

Imports and Exports for the Week. The imports of last
week, compared with those of the preceding week, show a
decrease in dry goods and an increase in general merchandise*
The total imports were 16,975,812, against $6,817,148 the preceding week and $7,253,676 two weeks previous. The exports
for the week ended Nov. 21 amounted to |5,6S8,429, against
$6,431,91:5 last

week and

$6,120,806

two weeks previous.

The

following are the imports at New York for the week ending
(for dry goods) Nov, 19 and for the weekending (for genera)
merchandise) Nov. 20 also totals since the beginning of the
;

first

week

in

January:
FOSBiaN IMPOSTS AT

For Week.

1882.
5,742,087

$1,237,193
5,233, ;83

»7,540,880

Gen'l mer'dlse..

1883.

$1,793,7!)3

Dry Goods
Total
Since Jan.

NBW TOBK.

$8,470,381

1884.

1885.

$1:241,107
5.734.705
$6,871,765

$6,975,812

1.

Dry Goods

«121,656,873 $112,068,104 «105.497,590
Gen'l mer'dlse.. 331,033,901! 302,012,207 278,763,031

Total 47 weeks. f452.740,774!$114,6S0.311 $381,260,621 $317,914,770

In our report of the dry goods trade will be found the im
ports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreig^n ports for the
week ending Nov, 24, 1885, and from January 1 to date:
BXPORTS FBOM HBW TORK FOR THB W8KK
1882.

For the week...
Prev. reported..

*6.506,431
305,299,853

1883.

$7,327,303
314,935,825

1884
Sfl.463,881
286,223,.>07

1885.

$5.68?,429
291,727,046

Total 47 weeks. $311,806,281 $32i,263,128 $292,687,338 $297,415,475

l%e following table shows the exports and imports of specie
at the port of New York for the week ending Nov. 21, and
since January 1, 1885, and for the corresponding periods in
t^
1884 and 1883:

^ ^

523,891
748,047
10,266

685.026

$223,415 H.261..i85
200.132 13,2.^5.!31
3i;3,iog

$13,873

$1,694,627
3.295.073
5,482,240

19.165
ia5,ll7

13,719,236

Balaneet.

142%
12-«

nthoroonotrle*...

Oate.

100 »8
2708

57

8.303

Of the above imparts for the week in 1885, $50,325 were
American gold coin and $7,172 Anlerican silver coin. Of the
exports during the siitne time, $43,:J71 were American gold
com and $2,200 American silver coin.
United States Sub-Treasury.— The following table shows
the receipts and payments at the Sub-Treasury in this city, as
well as the balances in the same, for each day of the past week

281s

27%

$27,004
10,609

5«.(V56

6,876

Total 1885
Total 1884
Total 1888

la

®0mmcvclal and W^lsctll^neans M^vos
National Banes, — The following national banks have lately

3,411— The

ill

15(i.0J0

Flonr.cciiml to ijrs

tn<ileii

$

3fl5,4B<^

117.000

133,500

Vent

loiith Aiiiorica

1.7l><.000

1883.

$198,300 12,468.618
12,290
656,912
5,<'00
149,468
1,2.50
242,905

Iruat Kiitain
France. ....... .......

N0V.21
••

•'

23.
24.
25.
26.
27.

Total...

PavmenU.

ReceipU.

Ooin.

%

•
913,506 16
1,210,'33 83
1,08.'J,595 27
736,389 50

Ourreney,

$

734,153
566.600
541.5K3
516,983

«

31 169,641,274 40 ll,fi55.657 62

45 170,288,755 67 11,114.609 73
68 170.684,283 77 11,181.113 22
30 170,822,247 07 11,262,551 12

Holi dav
l,0S5,6i>l

90

5,639,126 75

848,525 59 171,638,395 07|11,283,479 52
3,207,831 33

1..

—

Ontnrio & Western. In the spring of 1882 this
company abandoned the branch from Norwich, N. Y., to
DeRiiyter, which had always been unprofitable, taking up
the rails and allowing the bridges and other structures to
decay. Litigation ensued and the case was decided againsi;
the company, and appealed. The court has now rendered its
judgment atflrming the order of the court below, and holding
that the company must reopen and operate the part of its line
which it had abandoned. This involves, on the part of the
company, the nece-isity of rebuilding and puttlni; in proper
construction about 28 miles of road running from Norwich to
DeRuyter. The case will probably be carried to the Court of

New Vork

Appeals.

Ohio Central,— At Charleston, West Va.. Nov. 25, the Ohio
Central Railroad was o])ened by a general test of the bridge
over the Ohio River at Point Pleasant, Through trains were
to be run over^the road Nov. 26.
Western Maryland. The gross earnings for the past year
were $619,217; oper.-iting expenses, iS;387,031 net earnings,
$232,135, The expenditures in betterments were $101,124.
Passengers carried during the year, 672,316 freight transported, 285,485 tons.

—

;

;

—

Anction Sales. The following were sold at auction lately
by Messrs Adrian H. MuUer & Son:
SKare».

Share'.

50 Broadway & 7th av. RR.274%
20 Brooklyn Acad, of Music
200 Canton Ci)
51
(with admission ticket). 116 14
lOil Seventh Ward Nat. Bk... 103=9
15 Imp. & Traders' Nat. Bk.265
10 Sixth Av. RR. Co
207% 17 Oiiental Bank
160
150i«
15 Dry Dock E.ist B'dway *
12 Market Nat. Bank
B.ittery KB. t^o
Bon<ift.
201%
150 Second Av. RR. Co...20bie-0B $27,000 Waliash RR. Ist m.
100 Iron Steamhoat Co
2413
C.X 7s, due 1890.
Feb., '85,
couponw on
24 Germanla Fire lus. Co..l27ia
llOia
25 Giiardiiin Eire Ins. Co.. 70
$1 .000 N. Y. City & Northern
I The Monmouth Casino... 51
RU. l8t ;s. May, '82, cou1 Brooklyn Art A.<80o'n..$54 lot
pons on
110
80 M'tropoliian Concert Co.
$1,000 N. Y. Emery Co Ut
(Limited)
$40 lot
m. 6.«, due 1839. April, '81,
72 Mechanics' Nat. Bank.. 154
coupon on
^;26
'2.800 California Water and
$15,OiiO Third Av. RR.78 r»g.,
Mininu: Co
5c. per share
due 1890
110% & int.
10 Bank of America
167
$1.1100 V. Y. State 68, Sk.Fd.,
800 Chaiham N.it Bk.,ta\-p'd.l57is
due 1887
105% & Int.
20Ch"mi.'Bl Nat. Bank
2725 .$3,000 N. Y. City 68, Central
10 Anicricau Kxch. Fire Ins 102
Park, due 1837
tod's & int.
10(»E(initahl« Ga^Liitht Co.. 1351a .$2,000 N. Y. Co. 6b, Bounty
50
lOSig&int.
30 U. S. Wareh use Co
B'und, due 1886
.

,t Leather lik..l30>a
Continental Nat. Bank. .10919

6 Nat. .Shoe

6
3
28
100
18

Market Nat. Bank
1!50
Merchants' Ex. Nat. Bk.lO iig
Canton Co
52
Nat. Bk. o^the Republic. 119ia

100 Ball iEUoredc Montgomery
MininsCo.... $11,000 for lot
03 City Fire Ins. Co
115
IBO lackson Iron Co
350
20 Rnal Estate E.xch. ifc Auc1
1

2
1.50

48
60

36

tiim Boom (Limited) ...111
Ire City Fire Ins. Co.lOO
CeniralTriiat Co
...333
tmporiers' & Tr. Nat. Bk.267%
Couev Islaiid.IockoyClub. 120
Bioadwav Nat. Bank. ...280
156
National Park Bank
ISijifl
Chatham Nat. Bank

Em

$3.0 ,0 Br'klyn City 6s,Walcr,
...U-.ia&int.
due 1391...
$1,000 Br'klyn City 6«,Watfcr.
12.514 A int.
1896
due
$13.00.1 Pullman Palace Car
•

Co.. 1th seriea 8«,duo 1902.117''9
East Illinois KR.
Chic.
Co. l8t 6< S. F., due 1907. .116%

&

$610

$5,000 42d Street Manhattanvllle & St. Nicholas .\v RR.
Illi4<bint.
lHt6n,duii 1910
$5,000 I'hird Av. RR. Co. 78
lllOs ct int.
res., due 18i»u
.$10,<ii'0

Kalamazoo

Allcftan

& Grand Rapids 8s. dun '88.110\
$10,000 East Teun. Va. & Ga.
(iB.

due l8;t5.for

$2,000 Alb.

&

fdg. cps..

71%

SiLsquehanna
due 1906.126'%

lat con. guar. 78,

THE CHRONICLE.

604

%hz

iJaukers' Ciaxjette.
DIVIDENUS.

The foUowlni dlvlrteafls have reoently been annoanoed:

When

Per

Jfame of Company

I

cent.

i

Payable.

Kallroads.
Cliicngo

&

3

No. West

Do

do

prpf. (((uar

Chic. St. P. .Minn.

)

-

& Oiualm prif..

Connectlcnt Kivcr

Northern

(Jf. H.'..Phila. Wilniinstnn & Baltimore..

Wilmington

it

Weldon

Deo.
Deo.
Jan.
Jan.
Deo.
Jan.
Jan.

1%
3
$4
$3
4
4

mscellaneons.

* Hndson Canal (iiuar.)
Lehigh Coal and Navigation

1>«
2is

Del.

Dec.
Dec.

—

The

rates of leading bankers are as follows

November
E*rime ooramerolal

Parl8(franos)

Amsterdam

10
Nov.

to Deo. 10
28 to Dec. 7

WALL

STREET, FHID.*Y, NOV. 27-5 P. M.
Market and Financial Situation.—The
the Tlianksgiving holiday has made a break in

occurrence of
the week, and shortened the volume of busines.s.
Events transpiring since our last report have been of unusual
importance in their bearing upon the railroad situation, and
they have tested quite severely the real strength of the underThe announcement that the Baltimore
current of the market.
& Ohio had secured terminals on New York Harbor, and, in
another direction, that an injunction had been issued to
check the great New York Central-West Shore negotiation,
were matters of no ordinary import though as to the latter, it
can hardly be said that the usual temjjorary injunction, presumably obtained for speculative purposes, is regarded with
much fear among railroad men as an obstacle to the final sucTlie actual sale of the West
cess of an important transaction.
Shore road on Tuesday was also an event which had its effect
on the market iu stiffening prices_ immediately.
The reduction on Friday in the rate of dividend on Northwest common stock from 7 per cent per annum to 6 per cent
(the rate on the preferred was reduced last September from 8
per cent to 7) was likewise an occurrence of some moment,
and was used tp depress the market, though in the face of the
larger earnings now reported it would seem simply an evidence
of conservative action.
The advance on east-bound freights, just established, should
naturally have the effect of checking shijiments by rail for the
moment, but since inland navigation is now practically
closed for the
season, the freight must come forward by
rail in the near future, and whatever is held back at present will
make the volume larger hereafter. The comparatively low
prices of wheat and corn and the moderate export demand still
remain as drawbacks to a large movement to the seaboard, but
the new year may see a change in this respect, and in the
meantime the movements of general freights and of passengers
are likely to show improvement.
Reports of increased earnings still continue quite a favorable
feature of the situation.
The statement of the Pennsylvania
for October is not as good as had been expected, in view of
the advance in rates in that month, but the full effects of the
better rates cannot be felt all at once, and as there has now
been a further advance in the tariti this will hereafter count as
a more decidud influence. Some of the lines controlled by the
Pennsylvania do much better than itself, for the statements of
both the Northern Central and the Baltimore & Potomac show
important guins in net for the month. As regards Western,
Northwestern and Southwestern roads, the weekly reports thus
far received for November are almost all very satisfactory,
those in the Northwest particularly being distinguished for
improved results, though some of the Southwestern lines give
equally good accounts of themselves.
The open market rates for call loans during the week on
stock and bond collaterals have ranged at li@4 per cent, and
to-day at 2@4 per cent. Prime commercial paper is quoted
at 4 @.5 percent.
;

The Bank of England weekly statement on Thursday showed
a gain in specie of £334,314, and the percentage of reserve to
liabilities was 46^, against 44Jlast week; the discount
rate
remains at 3 per cent. The Bank of France gained
3,430 000francs in gold and lost 1,748,000 francs in silver.
The New York Clearing House banks,
21. showed
total surplus

in their statement of
an int^rea-se in surplus reserve of $894 V2'>
being *27,389,375, against $26,495,150 the

the
previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks.
ISS-V
Nor. 21.

Differ'nees fr'n\

Previous

Loans and dl8. $330,193,200 Deo.
Specie

(t3,«.5H,aoo [no.

Cireulutiou...

2l).00.'»,70(j

HeldeiH)(<itii..

Legal teudcrn.
Legal rcnervc
Beecrvo held.
Bnrpliu

Inc.
3^1, 106,900 Inc,
10,077,30» [no.

It'ee*.

1884.
Nov. 22.

1883.
Nov. 24

S'<7.5.M00 *288,.'i39.70o! $324.63B,70^->

860,000
252,300
872.700
123,300
$218,200

4 86

(gulldere)

84,370.500
11.711.600

fli't.Sliry.HOn

32,^,887,400

31.1,677,0011

l.'),400.7.;0

$9.1.276,750 [no.
:22,(;66.O0o Inc,

1,112,300

37,347,400
27,837,5U0
Ssl,471,850 «78,91 9,400
121,717.900
8i,203,300

»27,389,250 Inc.

$894,100

$40,246,050

$5,283,900

5

40i)«a40ia

Frankfort or Bremen (reiohmarkfll

94"8'«95

20®i

1938

403ib34014
953839513

—

United States Bonds. Government bonds have been only
moderately active and prices barely steady.
The closing prices at the N. Y. Board have been as follows

The Monej

Nov.

Demand.

4 83i«
1 811294 813l
1 81
a4 81>4
5 2212 85 21 'e

Dooumentaryoommeroial

1

:

Sixty Days.

27.

Prime bankers'sterllng bills on London.

2

16

XLI.

Excliau^e. Sterling exchange has been in rather limtied
demand, and under an increased supply of bills, chictiy on
account of shipments of securities, there was early in the
week a reduction of one-half cent, but on Friday, under a
scarcity of commercial bills, quotations were advanced again,
leaving them the same as on last Friday.

Bookt Closed.
(Days inclusive.)

24lDec 6 to Dec. 27
24 Dec. 6 to Dec. 27
20, Jan. 1 to Jan. 21
17 to
1

[V^OL.

Nov.

4i«B,1891
4>«8,1891

49,1907
49,1907

Nov.

Nov.

21.

Interest
Periods.

23.

24.

reg. q.-Mar. *112J.i *112»4
.ooup. Q.-Mar. 1131s *1133|i
..reg. Q.Jan. 12334 1231-2
--

.

ooap. Q.-Jan.
Feb.

38, option U.S.....reg.
69, oar'oy, '95.....reg.
63,our'or, '96.....reg.
69, oar'oy, '97.....reg.
6«, oar'oy, '98.. ..reg.
68,onr'oy. '99.. .ree.

&
&

&
A
<Se

J.
3.
J.
J.
J.

1235s
102S>
*1283e
*13058

".1Z^•102 3j

•12'<3g
*130Sfi'
•1323,;'
•132^
*134T8 •I34'el

*137 "137
the price bid at the morning board
1-

no sale was made.
State and Railroad Bonds. Business in State bonds has
not been so active as in some other recent weeks, the sales
embracing $583,000 Virginia 6s deferred at 11-13; $1,000 do.
trust certificates at llj; $133,000 North Carolina special tax
bonrts at 7f— 71; $8,000 do. consol. 4s at 90; $54,000 Louisiana
stamped 4s at 75-75|; |5,000 do. consols at 87J; $1,000
Alabama Class A at 99, and $30,000 South Carolina 6s, non'

This

Is

:

—

fundable, at 5^-6.
Railroad bonds have followed the course of the stock market
to a great extent, and at One time showed some weakness latterly, however, they have been stronger, and some of the most
active classes have advanced to the highest prices of the year."]
The closing prices and range of a few leading bonds are
;

annexed.

Sange

Closing,

Nov.20.:Nor.27.

N. Y. L. E.& Weat., 2d consol. 68
Arlantic & P., West. D., 1st, 6s

go's

Incomes
Pac. inc, and

26'8

Do do

Texas

&

Id. gr.

83

50

78

Do do
Rlos, 6s, coup, oft'
Mo. Kan. & Tex., gen., 68,1920
Do do
General, 5s, 1920..
EastTeun. Va. & Ga., con., 5s..
Do do
Income, 68
West Shore Trust Receipts, 5s...
North Pac. 2d coup. 6s
Viiginia Mid., iuc

63

t

92%

80

79
66
22

66'rt

22 "a

92

46I4
91

60%

66

40%

,

Previous to September range
Sold first November 12.

2434
4834
62I2

92^8

6s
ludiana Bloom. <fc West., inc., 6s
N.Y. (*ic. A- St. L., Ist, 63
Ohio Southern, iuc, 6.s
•

89%

3,1

9134
391s
is

.

since Jan. 1.

Zoircst.

4514 June
69 Mar.
I312 Mar.
30 Airil
47 April
63 Feb.
49=8 Jan.
44 Jan.
10 Jan.
2812 Apr.*
8SI2 Nov.l

36I9
9134

6(>

July
Mar.
Jlay

42

20

June

48
15

Highest.

901* Nov.

84

Nov.

273s Nov.

50

Sept.
64'8 Sept.

9314 Nov.

80

Nov,
Nov.
23 1« Nov.
46'8 Nov.
93 Nov.t
66% Nov.
39 Nov.
9278 Nov.
43 Nov.
681ri

for the bauds,

Railroad and Miscellaneous Stocks.— The stock market
little irregularity the past week, and prices
have fluctuated quite widely, showing alternate strength and
weakness as they were influenced by the operations of dealers
on one or the other side of the market. In the early part of
the week prices were decidedly weak, and declined verv
has exhibited not a

sharply under the influence of operations supjiosed to be for
those favoring lower values, but assisted by unsettling reports
of various kinds, the most imjiortant being the negotiations of

Baltimore & Ohio to effect an independent outlet to New York
and the issuance of a preliminary injunction restraining N. Y.
Central from leasing West Shore.
The rush to sell, in anticipation of an important reaction, became very general, and prices
gave way materially, especially for the Vanderbilts. On Tuesday, however, the tone of speculation ijuickly changed when it
was found that the effects of the above-mentioned reports had
been exaggerated, and prices recovered very rapidly, the
leaders in the upward movement being those stocks which had
been most conspicuous in the previous decline.
Since Tuesday
the market has been incguUr, with an inclination towards
lower prices.
The movement of individual stocks under special influences
has been less a feature this week, most of the market following
tlie course of the leading stocks.
Kansas & Texas, however,
has been conspicuously active, and has fluctuated widely
under varying rumors that opposing parties were seeking
control, and wished to break the lease to Jlissouri Pacific.
Jersey Central, also, after showing considerable weakness in
the early dealings, later became quite strong, influenced by
& Ohio wanted possession of the
road, de.':])ite the Staten Island scheme.
To-day (Friday) the market was weak almost from beginning
to end, and little or no effort appears to have been made to
arrest the decline.
St. Paul went off decidedly, and so did
the Vanderbilts and the ex-Villards.

rumors that the Baltimore

November

THE CHRONICLE.

28, 1885.J

(505

NEW YORK STOCK EXCHANGE PRICES FOR WEEK ENDING IVOVK.nBCK
HIOHX8T AND LOWEST FBICES.

BTOCKS.

CiinitiliiHiiiitJiirii

Ccuiiiil

Nrw Jersey
i&

OlUo

20

21

Do

2dpret

13>a

131a

1.37>a

137 "a

ClilcnRO

A

linrllnifton

Alton

CUicajto .Milwaukee

A Qnlncy.

& St.

Piiul.

Clileaeo

Do

US

A Ncirthwostcm
liref.

Uoek

A rneillo. 12s
A Pittslmrc. IH

iKliiiid

CUIcnt'o St. Louis

i

Do

97

lisia
113«8 IL-iU
137 137>3

prcf.

I)o

Cliloiit;!)

Vi

128 la
I61.J:

pref

37iai

A Om.|

41Hi

42'a

ClilcntioSt.Paul Mliin.

37 'rt

Do

101
(fj
Clevclanil Ool.Clii.A rmliaiiap.
63
Delawaro .ni'kawaniiu A WoHt 121% 123
Denver A Kio Uraiide
20
21''s
East IVniKsseo Va. A Qa
7% 818
pref.
13
14%
Do
70
EvansvlUe A Terrc irimto
70
21ifl 2.5
Fort Wiutli A Doiiverl'ity
pref.i lO-J

I

Gr<eii liay Wiuuun A St. i'uiil.
BuUKtuii A Texas Central
Illinois Central
Indiana HIndniinst'u A West'n
Laki' ]:rle A Western
Lake .'^liore A MIeb. Southern.
IjOU;,' Inland
Louisville A Nashville
Louis. New Alb. A Chicago...
Manhattan Kievatid, eonsol..

40 14 50i.>
30
36
30
77
24

39
77^!,

25
53

Do
pref
^Ih
Missouri Kansas ATexivi
33 >2 36%
104 13 1051^1
Missouri I'aeiUo
I6I4 17%i
Mobile A Ohio
48 14!
48
Nasbv.Chatlar.onjEraASt. Louis
Hudson. 104 =s 105T«
Now York Central A
lOio
10
New York Chic. A St. Louis.
,

Do

21%

18>2
8>8

A

DanvilU'

j

Riehuid A West P'nt Terminal
Koehester A I'ittslmri!
St. Louis A Sau Fraueiseo

11%
2119

8I4

81s

38

38

8I2

8%

38

2«i9

19'fl
88 '8

85^8

37

1381a 1381a
261a 27%
21
20
8718 89 14

2714

19

37

»ia

48''8

51

.5078

37 la
II9I0

I

397fl

78 M
241a
.52ifl

361a

105%
161s

49

106%
10%

I

1

!

7%

7%

39,762;

I2I3

I314

67 13

68

20,862
1,040
1,050

10
37

49
34

39

51%
35=8
I513

48
104 14
913

38%

35-'>8

191a
914

19 13

23%l

221a

23%

22

12M

I2J4

1278

32 %[

12
31

61%

64ie

63

64=8

25 la

24

25

19H 2118
34% 36

18%

191a

214

2

24 18 25 14

2%

2%

25

257fl

1'8

I913
*2«i2

19% 20%

19%

27

271a

21

24

33% 35
2II4 22%

34% 36I4
22% 23 la

24
82

24%

22

231a
83I2

24%!

39

1

"3314

231a

40 ig

27 V

36%

22% 22%

3,0.50

48 14

4013

42 14

40%

4%

48I4

1

4%

38I4

13
21=8

24=8 25
23%
Oas Co
103 la 1041a 102 '8
96 14
Delaware A Hudson Canal. ..
97=8 99
33 14 33 '4
3212
Orej.^)U [[uprovement Co..'...
105=8
Oregon Kailwyy ANav. Co... IO6I4 108
Consolid.-ited

P.aeitie .Mall

Car Co
Western Inion Telegraph

Pu'.lniau Palace

65 13
671a 6Sia
I35I3 I3714 134

78

7OI4'

KxprcHS Stockx,
Adams

145

American

104
60

United

.states
Wells, I'ariro

102

104
60

59 H:

A Co
Inactive Stocks.

•116

A Santa Fe.
A Pacitlc
Bankers' A .Merchants' Tel...
Burling'on Cod. ll.ipids A No.

87% 87%
lOia 10%

Cedar

15

Atchison Topeka
Atlantic

Falls

Columbia A Green\ iile, pref..
Cobunbus llockius: v'al. ATol.

E

izab( tl t Le.x.

Illiiu is

A

City

,

A

145
104
60
120

Western..

Do

pref

*4

lOSs
5

Rich. A

Co

A S.ratoga

g Slock trusi ctfs.
St. Louis Alton ATeiTC Haute.
Virginia Midland
Cameron Coal
Consolidation Coal
Maryland Coal Co
New Central Coal
.\ll(

,

150
104

*60
118

25%
101 la
9913
3478
IIII4

68%

13%
22%

135

79%

62
118

I4213 1421a

104

1016

4%

IOI3

IOI4

104

88

10%

4%

ni'
19

21

20%

2II3

45
35

46
38

4((

19

63
19

19

19

10

10

10

211a

161a
23=8

38% 38%

155
578

•40

46
36 13 37

241a 2513
53

54

•712

81a

47
25
181a

13

42

16
22 14
48
37

23% 25%
102% IO3I4
97%

1413

42

"is'ii

18%

7%
9

171a

17 '8

171a

1479

;

li" 14
no

sale

2513

was made

at the Board.

8I3

Ilia

m

27

1479

18
21

27
20

Oct.

26

3II4 Nov. 18

65% Nov. 18

28
24
26
87

Nov. 21
Oct.

Nov.
43I4 Nov.
6% Aug.
24% Nov.
.1<|7, Nov.
99% Nov.
3978 Nov.

2=8 Mar.

17% May
July

1,060

Nov. 20

3678 Nov. 20

9'

May

18

i

Apr.

22
27
27
17
18
20-

24
25
9«% Nov. 25
110% N<.v. 20

77% Feb.
79% Jan.

251- Nov. 23

62% Nov. 13

Apr.

1.5% Nov. 1»

6% May

Nov. 13

2

8

80

Oct. 12
71
2<>% Nov. 20
Mar. 21 104% Nov. 16
Jan. 22 1(10% Nov. 4
Jan. 3 3178 Nov. 25
Jan. 29 IIII4N0V. 25

Jan. 27
Jan. 3

66%
21
59%
46% Sept.

134
77

Nov. 20
18, 70
6778 101.589
2,048 107% Jan. 2 I3714N0V. 21
137
78% 130,062, 53% Jan. 2j 81% Nov. 3

143
103
62
119

103
62
119

I

201130

Jan.

lOOj 87% Jan.
237I 48
Jan.

30:104% Jan.

Sept. 3
3;101%Oct. 19
2: 62% Oct. 15
2,120 Nov. 17

2 145

200 66% July

9%

•3

IOI4
5

10,830!

89

8% Oct.

OH Nov. 14

%Oct.
57 Feb.
9 Jidy
1.200;
7 F. b.
6,911
400 14% Jan.
Aug.
2,547! 18
375' 53 Jan.
7 Oct.
1,412
231 84 Jan.

20%
361*

3OI4

24

24

.53% 53%
I3314 1.33%

I

100% 100%i

141% 141=8

8%

8%

2%

80

11

28

28

17%

1778

1478

1478

49
43
67
20
93
11
24

200 16
34%
29 June
790 114% Jan. 2 133%
2 100%
250 84% Jan
Jan 2 202 14
11(1 1 75
210 119% Feb. 17|141''s

3% July

111

120 136% Jan. 29

3,710|

1

15

May
May

6OOI 15

Jan.

L6.120
100
273!
40OI

5% July
Feb.
7% Apr.

19

4i4May

Oct.
4
Oct. 13

23=8 Nov. 21

Feb.
Oct.

80

10

17.''8

1,220;

0<K»

Nov. 14

11% Nov. 6

100

400:

*24is

43

34%

18% May

il6% 20,800

9118

541a

155
7
43

13

7,502!

20

9118

20

1378 Oct. 24

3

4473 J;»n.

6,230
2,931

65I3

20

24

23% 23%

These are the prices bid and asked

16
22
48
37

54
54
133 133
•99 101
20218 20218 202I420214

54

13

1413

24

21 14
897u
8OI4

July 3
Jan. 17
Jan. 29

7% Juno

3,480

10

155
7

61a

171a

19
91
10

81a

155

23

19
91

Sept.

28%

82'

6519

"54" "54'

81a

16%

139%

1473 Mar. 21
10% Apr. 8

7,'201i

x97

10.8%
66I4

39%

914 Apr.
Mar.
76,515: 41

5978

82

I3314 133 14
A Essex
New York Lack. A Western.. 100 100
New York New Ilavcu A Hart.
140
Pittsburg Ft. Wiiyue A t hlo... 14018 1401h! 140
Kensselaer

140
104

81
16

Morris

Qulck,-il\er .^llning

25

88

10

line stock

Keokuk A De5 Moines
Mil. I^ike Shore

24''8

17'

621a

Uig Sandy.

Cent leased

24%

10278 101
102 la' 100
97% 9713 99% 981a
33
331a
10613 107 109
109
6678 tiS%
67%
68
134
133 13412 1341a
79 13 7778
7818
77

Mar.

17
21

% June 3 2% Nov. 20
May 4 28% Nov. 13
7% June 21 21% Nov. 21

300 51

69

69
24

10

A Miimesuta

Central Iowa.

DnMnpie A Sioux

76

681a!

11%

May

9.398

niiHccllaneons Stocks.

681a

71

Jan.

30
1,604 79

39%

8=8

14%

21
20

IOI4

4,1(>4
98
98
108 H IIOI4 16,895,
24
25% 126,020

58%

5

Oct.

Nov.
Nov.
Nov.
Sov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.

12
21
21
12
14
62 Jan. 2
18
22 Jan. 1(! 51%
IS
11% Jan. 6 40 Oct. 28
63 Jan. 15 120 Nov. 20
27% Jan. 15 41 Mar. 7
46% May 7 7i>% Nov. 14
10% Jan. 26; 26 Nov. 13
21% May 29! 56% Nov. 14
14% Jan. 221 37% Nov. 27
89% Mar. 21 106 Nov. 18
6 June 5. I8I4 Nov. 20
33 Jan. 7 49 Nov. 25
81% June I.IO714 Nov. 14
l%M»y 5; 11=8 Nov. 20
4 Mar. 23 26 Nov. 14
9i4May 29
Nov. 13
18 June 29 .57 Nov. 21
12 Jan. 17 38% Nov. 20
6% Apr. 14 2078 Nov. 17
914 Nov. 21
1 % June 2
473 Jan. 27 23% Nov. 25

36%

300;

•96% 99%

24%

July

1% July
50% May

4,6l0i

85

60
121

.37% Jan.

8

35

23%

Jan.

4% Juno

43,383. 15

122,112
22,965
15,830
1,736
27,310

!

Ami-riean Tel. A Cable Co....
ColorailoCoal A Iron

2%

14

5,3(K>

30

23
24=8
87
43 14

8(!

i

32%

36%

25
51,

!

22 14

24
84
*4

I

34

831-j'

,

l,336i

9,551
16,685
5,233
3,530
5178
1,535
37% 245,853
104%] 10,535
16%! 2,707
48
2,200
IO6I4 114,961
10%; 9,,535
22
5,085
26% 172,821
52% 3,321
36 14 26,811
20% 4,646
9% 9,970
2278 17,920
12
1,.530

24%
19%

23ifl

5
-

June H
Apr. 30
82=8 Jan. 22
4% June 23

81

64I4 118,281
2I4 21,825
26I4
7,625
20
5,405

22%

I

22 la 22I3I 22i8 23%! 23% 23%
47J4 4Sia' 48
49
Do
pref
47
47
9913
97
98
99
Do
ist pref
97
97
38I2!
37
36
37
38% 3978
8t. Paul A Diduth
371.J 38I4!
96=8!
98
98
pref
96
97
98%
Do
961a 971a
107''8l09% 109% llOia
106% 108
St. Paul Minneap. A Manitoba. 108 14 110
23 13 24=8 22% 23
22=8 2:i^
23% •2.)l8
Texas A Paeillc
6II4
6018 60-8
59^8 (>li4
,59
58
Union Paclllc
,591a'
11^8 i2>4:
12
14
I314 14
1X^8 14
Wabash St. Louis A Pacific...
2OI3 23%
19 '8 20%
23
23
lirof20
22 la
Do
23 14 23%;
49 14
47
97I2 97iai

2878
6112
2

40%

5

5i8i

35=8

8I2

41% Oct. 31
44% Nov. 18
105% Nov. 18

July 11
Apr. 21

.5

38
761a 78
23=8 24
101

18%

25,.t65!

118%

36

14

66
23

740 119% Jan.
31,455
7% Juno

20%

II8I4

2OI4
I2I4

6218

37

88I4 330,895;
7978
510
50% 33.205

8%

30%

11=8

86%

3313
181,

33i«(

23

14
9,751
3
600. 14

27

K5s

33

I

25=8
I914

l!)ia

2978

35%

72,630
3,160
2,912
2,970

I

7''9

3OI2I

BIfbmt.

I

nMi4

371a

0,275

23,4 10

37 14 37 M
H(Xt
4118 42% 23,.583;
4,010
1021a 104
61 la 6378'
2,710
120 121=8 123,1571
22% 23I4 5,565

8
211a

2915

2%;

18M.

]

181a

31%

2ie

1,

I

.5212

29 14

63.^8'

1886.

Anr.
56=0 Nov, 27
Mi»y
47% Nov. 14
31
Mnr. 2.-1 .52 Aug. 13
47
2(i% Jan. 31 49
Nov. II
liii Ills
8 Apr. 7 12% Nov. 2V
20 li 20 14
7 Apr. 7 23 H, Nov. 20
14
0.50
4% Apr. 22 I514 Nov. 20
14>a
128 Jan. 2 I 10 Nov. 23
133 135
3,105 II.5I3 .Ian. 2 i:i'-% Nov. 13
04 la 07 14 380,601 64%,lnne K !)'.) Nov. 12
116 Ueia
2,368 102 .Ian. 2S ll!l.>i Nov. 13
112 11414 108,633 84% Jan. 2 115% Nov. 20
137 138
642 119% Jan. 2 l3!t7H Aug. 13
129 129
1,110 105 Jan. 2 1:12
Nov. 14
2,(K)0
6% Star. 31 isl.^ Nov. 2
161a 16%

2II3
25I8

32I4

51s

56«8

35%

351a

LoWMt.

<8b'reii)

43% 44
45% 47

.5413

28 14
6OI4
2

33

Nov. 27.

24
27 14

31%

84
41

I

7978
491a

20

1,

Bancs iloca Jana

Woek

FrldBV,

713

()2J-2

|

4(1%
1114

21

55>4
459^
4»7h
47>4

88
38
371a
118 119
118
37 14 40
37
37
39
76 la 75=8 79
75
781a
22% 23'% 23 la 24% 24
52
481a 50
501a 52 la
3tii4
33»8 35=8
35
35%
103 104
103% 104% 1041a
15^8 15^8
1618
151a 16
47l.>
•4513 48
48
48
101 104 14 104 106% 105 14
9ie 10%
10
8% 10
isia 21
19% 22% 23
24 14 25% 24=8 2713 26
53I4
.55
54
49% 55

8=8

29 13 30 la
pref

im

21

>4

I

20%
12% 12%
32% 33

pref

10%
20%

11

20

S4%
44
45

Thanida}^,
Nov. 2U.

34I2
I7I3

2II2

Ohio Cen trid
Ohio A MUsissippi
Ohio .Sou tlieru
Orei;on Short Line
Oiegou ATrans-( ontlnental..!
Peoha Dceatur Evansville
Philadelpliia A Heading
Kiehnioiid

57
38 14
19

36

Northern raeiflc

Do

26-a
•'%

5.5

..

Do

221.J

26

pref.

New York Lake Erie A Wcsfn.
Do
pref.
New York A New England
New York Ontario A vVestem.
New Yoik Susq. A Western.
pref.
Do
Norfolk A Western

45

4514
46»8

llOia II6I3 119

118

Louis

4,'>>a

48!^

19I3
18
82^8 8OI4
78I3 78%
471a 48%

88 >4
79

7!)

54%

4ai'H

24 14 27%

21'4

87

Miehl^an Central
St.

•36

37

I9I8

Memphis A Chaiiestou
MluuiaimUs A

71a

37

S4

14
141a Hia •1418 15
140
1,37
137
1341a 135 14 13410 135
135 13512
OoOh
94"h 97%
9618 97'8
lldU llOUj 116's 11738 1171a 118
1121.1 11418 113ns 115 '4 113%115i4
137 137
13634 137 14: 137
1371a
128 128
128 129
120 129
-16
17
•37
S8ia
361a 371a' 37% 37%
40
41>.|
41
42% 42 14 43%
IO214 102% 103«8 103% 104 104 13
61 la «2
601a 61 la' 631a 64 ij
121 14 I20I3 122=8 121
122\
2018 20 la
2214 23%
22
24
714
7»8
7%
7% 8
8
131$ 13%
12^8 13%
13
I314
*65
69
(18 la
681a
24
24
24
241a

8

138% 139
21!
28%

Nov. 23.

1.

4.114

41

19
14
140

•.'

53 14

44

H'b

lot prof...

Nov.

4418

401a

llVl

I>u

Clilciif-'o

41%

>.i

Ceiitriil I'ailtlr

Cbc8n)»'u ku

S2I9

53 >a Bl
43
AHha
44 14 4(1
4(1
46

CaiiiHlliui Piiclllo.

WedneMlnjr,

TllMllftJ-,

Nov. U3.

Arllvv Kit. Stocks.

SbUw

JAN.

of th«

Mondny,

Saturdn}',
Nov. 21.

I't

AND SINCE

97,

1

11%

1.56

Oct.

Nov.
Aug.
Nov.
Nov.
Aug.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.
Nov.

26
13

11
25
7

27
19

24
27
27

25
27

5
H

25
51 Oct. 21
28 Nov. 27
19% Nov. 20

11%

.2379 Nov. 18
1614 Nov. 17

15% Not. 18

THE CHRONICLE.

606

JSOVEMBEB

qUOTATIONS OF STATE AND RAILROAD BONDS,
STATE BONDS.
SECURITIES.

AUbama— ClMS

Stamp

95

1900

1(17

*
&
&

10

9

ArkftiiBas— 68. foixded
Ft. 8. 188.
7», L. Rock

l.-i

RR
RR

7s, Uemp.A L.Rock
N.O.
7», li. R.P.B.
R. R. RR.
7», Ml8». O.

Bid.

15
24

15

7a, Arkansas Cent. RR.
202
Oaorrla—6s, 1886
103
7a. 1886
7a, gold. 1890

104

V

SECURITIES.

Ask,

48

7o'«

New

bonds, J.&J., '92.8
Special tax, all classes..

76

101!%'

A,

Do

109 >Q

69, 1919
0WO-6S, 1888
South Carolina—
6s, Act Mar. 23, 1869)

113
104
lOli
1131.2

non-fnndable, 1888.

1892
1893
10

Bid

Tennessee Continued—
68, new series, 1914

20

50>a

C'mp'mlse,3-4-5-68,1912

7-3

Virginia— 6.'*. old
68, now, 1868
11434 115=4
6b, oonsoi. bonds
68, ex-matured coupon.
105 106 >2
68, consol., 2d seines
6s, deferred

5%

4^1

t

Tennessee—6s, old,1892-8
68, new, 1892.8-1900 ...

.10

act, 1900.

SECURITIES.

Ask.

—

Brown consol'n 68, 1893

N. Carolina-6s, old, J. AJ.

Funding

WU.C.&Ru.R.

Consol. 4s, 1910

llSia

1891

68, loan,
68, loan,
6s, loan,

Bid.

XLL

27, 1885.

N. Carolina— Continued-

80

Missouri— 6a, 1886....
68, due 1889 or 1890.
Asyl'm or Univ., due '92
Funding, 1894-96
Hannibal A St. Jo., '86.
New York-8s, reg., 1887

10.5

OlMt C, 48, 1906

SECURITIES.
Lonislana— 7s, sons., 1914

100

A, 1906.
OUw8 B, 6s, 1906
6s, 10.308,

Ask.

Bid.

[Vol.

District of Columbia—
3-658, 1924

110
5234'

60

--.

52\
81

43

80
52
64

66

11

ilii

116

Registered
iio'

Funding 5s. 1899

B0>3

60
43

Ask,

RAILROAD BONDS.
SECURITIES.

SECURITIES.

Ask.

Bid.

Del. L. <S

Railroad Bonds.

Morris

Bid.

W.—Contlu'd& Essex— Ist, 7s

Bonds, 7s. 1900
7s of 1871,1901

Atl. <t

I'ac— 1st,

Baltimore

8s, 1910.

*

&

&

*

&

Beg., 5s, 1913
Central Iowa— 1st, 7s,'99t
East. Dlv.— 1st, 68, 1012
111.

Div., l8t, 6s,

1912

106 Hi 107
67H!

6812

68

..

Cbesapealie & OUioPur. moneyfund.,1893.
6s, gold, series A., 1908.
6s, gold, series B., 1908t
6s, currency, 1918
Mortgago.es, 1911

Chic— Ist

Ist, guar. 1564), 79,'94
2d, (360), 78. 1898 ....
2d, guar. (188), 78, '98

Miss.K.Br'ge-lst,s.f.6s
Chic. Burl. <fc Qnincy—
Consol. 7a, 1903
68, sinking fund, 1901..
6s,

debentures, 1913

la.

Dlv.— .S.

Id., 5s,

Sinking fund,

48,

—

1919
1919

Denver Dlv.—4s, 1922..
Plain 4s, 1921

C.R.I.&P— «8,

op., 1917.
6s, reg., 1917
Ext. .feCol.,5s, 1934....
Keok.A Des
Ist. 5s
Cent, of N. J.— Ist, 7a, '90
lst,con8. assent. 7s, 1899

M.—

Conv., assented, 7s,1902
Adjustment, 78, 1903...
Conv. dcbeut., Os, 1908.
l.eh.<6W.B.— Con.gd.as.
Am.D'k&Imp.— 5s,1921
Ohio. Mil. i St. P.—
1st, 88, P. D.,

1898

2d. 7 3-108, P. D., 1898l8t, 78, .«g.,H.D., 1902.
1st, La C. Div., 78, 1893.
M., 78,1897...
Ist, I.
l8t,I. &D., 7s, 1899...
Ist, C.
M.. 7s, 1903...
Consol. 78, 1905
Ist, 7s, I.
V. Ext..l908
l8t, 8. W.Div.,6s,1909.
Ist, 58, LaC.& Dav. 1919

&
«

&

l8t,S.>Iiun.Div.,69,1910
Ist, H. <ftD., 78, 1910...

Chic.&Pac.Div.,es. 1910
lst,Chic.&P.W.,58,1921
Mln'l Pt. Div., 58. 1910.
C.<S L.Sun.Div., 58,1921

Wis.*

itiu.Div.,58,1921

Terminal 5.S, 1914
Fargo & So. 5s, A88u.,'24
Chic, it Northwest.—

.

Cousol. bonds. 78. 1915.
Coupon, gold, 78, 1902.Regisfd. gold. 7s, 1902.
Sinking fund, 8s, 1929..
Sink, fund, Os, 1929. reg.
Sinking fund, 5s. 1929
Sink, fund, 58, 192U,reg.
Slnk'g fd.. deb.. 5a.l933.
25 years dob., 58, 1909..

102
.77

Peninsula— 1 st, conv., 78
Chic.itMilw'kee— l8t,78

A St.

1'.— lst,78,'87

grant, 3iaa, S. A..
G.— lst.79,1900

*

1st, cons., 6s,

1930

-.

Ex coupons 9 to 12
Divisional 53, 1930 -.
Ellz.C.cS: N.— S.f.deb.,c.,6s

353,

Ist, 88,

—Ist, extended, 7s...

Erie

II7I4 118

117

1191a'
1'24

1

1341a'

I33I2
llOia iil-j
1281a
1161s 1161a,

143
143
121
'8714 88
871a 88

141
141

76 14
50

581a

76^18

68
59

95

96
124

j

.

C—

.

DetM.AT.— lst,7s.l90B

130
106 14 107

Long

Ist, consol.. 58,

1931.

Louisv.A Nash.— Cons. ,78
2d, 78,1907
122
Cecilian Br'ch. -78,1907
MU.it Mail.— Ist,6s.l905 114
N.O.&Moh,-lat,68,1930
Ott.C. F. * St.P.— lst.5s
loevj
2d. 68. 1930
C.C.C.it Ind'a- 1 8t,78,s.Jd 'i'ii" 123
E. H. A N.-lst.68, 1919
Consol. 7s, 1914
'121
General, 8s. 1930
Consol. sink. fd. ,7a, 1914
Pensacola Dlv.—6s,1920
Oeuerai consol., 68,1934 100 i^
St. L. Div— Ist, 6s, 1921
Chic. St. P. llin. & Om.—
2d, 3s, 19,S()
Consol. 6a, 1930
118
Nashv. A Dec— Ist, 7s..
C.8t.P.&M.-lst8s,1918
126
S.AN Ala— S.(.6s,1910
No. Wis —1st, 8s, 1930.
Louisv. v.. A L 0s,1931
8t.P.A8.C.— Ist.Os.lOlO
124'
Trust bonds. 6s, 1922
Chlc.it.E.111.— l8t,8.f.cur. 1171, 118
10-40,88,1924
Consol., 1st, OSi 1934. .. 106 la 105%
Pens. AAt— l8t,8s, gold
Chlc.St.L.&P.— lBt,cou.58
89
L. Erie AW.-lat, «s, 1019
Chlo.(6W.Ind.-lst.8.r.,68
Sandusky Div.— 0s,191H
Oen'l niort., 6s, 1932 .. 1061a
Laf. Bl. A >r.— Ist,8a.l919
Chlo. ASt.L.— 1st, 88,1915 103
Loniav.N.Alb,AC.— Ist.Ua
O0I.& Orocn.— lst,68,1916
Oencnil mart., 6s, 1914
2d^8, 1926
Lou. N. O, A Tex.— 1st, 6a
Ool.B.-t'al.* Tol.-ls't.ria •81 la 81
Mauhat B'ch Co.— 78.1909
7,
Del. L. A W.-78,oonv.,'92 118
120
N.Y.AM.B'h-l8t,7s,'97
Mortgage, 78, 1907.
137
Metpn. Elev.— lst,7s,1908
Syr Bini'.AN.

Y— 1st Ti

134

'

2d.8s, ISftn

No prioee Friday

;

113

1st,,

1922..
Rieh.AAlleg.-lst, 7s,1920
Consol., l8t,

B.S,

Trust Co. receipts
Rich. ADauv.— Cons., g.,
. .

Debenture 68, 1927 -.
Atl.ACh.— lat, pr.,78,'97
Incomes, 1900
Scioto Val.— 1st, cons., 78

122ial

107

108
1201a 123
102
1021.2
101
87
88
113
104 106
93
97
106
•52 "a
116

N.Y.W.ShABuff.— Cp.,63

I

Registered. Bs, 1921
Gen.,2d M.KK.& l.g.s.f.,
gold,8s.lll33,cp.orreg.

100
88
86

8213 "se'
91
93
lOOi-a'

1st. goneral, 5s. 1932...

Ohio Cent.— Ist, T.

1071.,

these are latest aaotatlons

46
Sodus BayA So.-lst,5s, g,
79 14 Tex.Cen.— 1 st,8.f.,7s,1809
60
l8t,7s, 1911
Tol.Del. A Burl.—Main, 6s
113 Hi
Ist, Dayt. Div.— 6S.1910
113Hi
1st, Ter. trust, 88, 1910

1113, 112

om

j

Tol.AO.C.-l8t.g.,6s,1935
Tol. P. A W.— 1st, 7b, 1917

Ist,

91Hii

si'

92 'i

92 14

Oregon Imp. Co.— 1st, 6s.
95 Hi 95'.
Oreg'nR H, ANav.— l8t,68. 111
Debenture, 7s, 1887

Panama— S.f.,sul).68,1910
Peoria Dec & Ev.— Ist. Bs

—

&0r.— Ser. B.,
Land grant bonds,

8s. »102Hi
Os. >103i<
Bonds, 68.. 111
(Cal.)— Ist.Bs 113

Bs. 10314
So. Pac. of Ariz. lat, 6s •99
So. Pacof N.Mex.-l8t,8s' -98

-

101
C.Br.U.P.-P.c, 78,95 103
Ate. AP.— Ist, 68,1905 100

Co.AW.— 1st, Bs
Oreg. Short L.— 1st, 6a
Ut. So.— Gen.,7s,lH09
Exten., Ist, 78, 19U9

—

A

6s, Class B, 1908
Ist. (is. Pierce C.
O.
Equipment, 7s, 1895..
Gen. niort.. 6s, 1931 ..
.So. Pac. of
lst.8s

Consol,. 8a, l;(05t

Income
Rio

A Id. gr.— reg.

G., 6s,

113

112
101 Hi

mule

this

Weat'n— Ist, 7s,'8»

113
H)4
103

2d, 7a, 1893
<l.ATol.— Ist,

Han.

116
116
il434 115

ii6"
108H2

108
"65 i;

94
75

28
101
68
68

87 Hi
•92

92
116
'66
61Hi

97
67
52

•62 Hi

55

102 Hi 103
•9914

25

78,

1890

•84 ii 86
10934 111
99HlilOO

90

A Naples— l8t,7a

Ill.ASo.Ia.— lst,ex.,Bs

StL.K.C.AN.— R.e. 76 107 14
Div.— 1st. 78.
Clar'daBr.—8s,1919
Oiii.aha

87
•58

66

reg

if

A Pac— Inc.,

earnfd.
1910...

Gr.BayW.ASt.P.— 2d,inc.
Ind.Bl.AW.- Con., inc,6s
Ind'sDecA Spr'd— 2d,iuc.
Trust Co. receipts
A Wiikesb. Coal— '88

Leh.

99

II834

i05"

104
104

106
96 '<
105

E A W.— Inc.. 78,'99

Sand'ky Div.— Inc.,1920
f.af.Bl.AMun. -Inc.,78,'99
—Incomes
Mil. L. Sh.

AW

Mob. A O.— lst,prf.,deben

debentures
debentures
debentures.
N.Y.LakeE.AW.— Inc.Ba
Min'l D.— Inc.,7s
Ohio
Ohio So —2d, inc., Bs,1921
PeoriaD.A Ev.— Inc.,1920
Evansv.Div.- Inc., 1920

28
23

2Si8

•2811,

29 'a
38

38
•20

25

•.31 14

32
32
33
87
66
42
36
33
60

31

31
77
64

2d, prof.,
3d. pr(^f.,

4tll, pref.,

,

C—

Rocli.APitt,ah.-Ine.,1921

97 Hi

Rome W. A Og.— Inc.,

7s.

•44
•44
•64
41

So Car. Kv.— Inc., Bs, 1931
St.L.A.A'r.lI

'82"

— Div. bds-.

42
45
45

45
36
5434

Free LIm.

48 Hi

Col.C.A Ir.Co.- lst,con.6a
1st, Bs
Ft. W. A Denv.

C—

•8534

A Il.of '82.-181,68

•64

Iron Steamb.Co.— 6a,1901

RR.—

1021, 102 Hi

102H
t

88 Hi
89 's
70

78
106
120

Gal. II.

.

week.

llSHi

.

Lake

Aug. cp. on
ex Aug. cp. '62';
A tor. 6s
66

Pa.Co.'sguar.4 ia8,lat,cp
Pa. Co.'8 4i.28.reg., 1921.
Pit's r',,t-«t T, -lat,c .7s

Equlp'tbds., 78, '83.
Consol. conv., 7s, 1907

Central of -M. J.-1908....
Chic. A E. 111.— Income ..
E.'r.V.AGa.-Inc.,8s,1931

105 '( 106 Hi!

A

Mo —
Tex.A Pac— l8t,B8,1905

8434

115
112
104
116

Income Bonds.

98
98 Hi
90
117

..

Ist, St. L. Div., 7s, '89.
2d, ext., 7s, 1893

(Intenut imyubh'

Mo. Pac — 1st, con8.,8s. ioi' 104 Hi
3d, 78, 1900
Pac of Mo. 1st, Bs
2d. 7s, 1891
St.L.AS.F.— 2d. 88, CI.
6s, Class C. 19(16

109 Hi

75I4

AU.

112i< 1.13

111

111

llSHi 115
110 llOHi

N.W.Telegraph.— 7s,1904
Mut, Un.Tel. -S.fd.6s.l911

1'203<

93
112

8934

Tol.AVV.— lst,ext., 7a 111

7s, 1900,

—

Union Pacific— 1st, Bs.. llu's
Land grants, 7a, '87-89' 105 Hi
'93-

73H>

St.Chas.Bgc- Ist.Bs 92
No. Missouri — 1st, 78. 116
West.Un.Tel.— 78, 1900 .. 121

West. Pac—
No. R'wav
So, Pac of Cal.— lat,

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

70
111

70

Gt.

102 Hi
Ev.'ins.Div.- Ist,8s.l9'2l)| •99
Peoria A Pek. U'n- lst,6s 105
Pac. UR.— Cen. Pac— G.Bs 114
115
San Joa^iuiii Br. 8s.
106 108
Cal. A Oregon— 1st, 68 IO234I 10334
Cal.

•68
73
110
89
118
93
•48
115
110

Cairo Div.— 58, 1931 ...
Wabash— Mort., 78,1909

Min'lDlv.,8a. 1921.

Or.ATransc'l-B8,'^2,1922

841,

105%

Ind'polla Div.-68, 1921.
Detroit Div.— 8.S, 1921..

Tr.. 8s

Ohio So.— 1 St, 88, 192 1 ...
Oieg'nACal.— lst,8s,1921

Gen- inort.
Pennsylvania
llaia

'463i
781a

Trust Co. receipts
N.O. Pac— l.st.8.s.g.,li)'2ni
6638 86 Hi) Tex. A N. O.— Ist, 78,1906
Norf.AW.— Gen., lis, 1931 100ia|102ia Sabine Div.-lst,68,1912
New River— lst,6s,1932 HO
Va. Mid.— M. inc., 6s,19'27
OhloA Miss. "Cons. s.fd. 7s. 122 Hi 1331.2 Wab.st.L.APac.— Oen.,68
Consolidated 7a, 1898... 122
l'23Hi:'
Chic. Div.— 5s, 1910....
2d, consnlidat,e«l,7s,1911 115
115 Hi
Hav. Div.-6s,1910
1 at Springfield Div., 78.
09
Iowa Div.— 88, 1921 ....

Do

9038
*75

— l8t,7s,1909

(Jencral. Bs, 1921

N.Pac— G.l.gr.,lst.cp,,6s

.\t J.

I

Shenand'hV

58
Midland of N.J.— l.st,68 98
N.Y.N.H.AII.-l8t,rg.,4s •111

Denv.Div.88.a8s.,'99
1st, consol., Bs, 1919.

120

87

ext., 5s, 1922.
Bs, 1921

Con..

101 la
105^8
St. L. A Iron Mt.— Ist, 78.
115
78,1918
2d. 7s, 1897
Nash.Chat.ASt.L.— l8t,7s
Arkansas Br'ch— 1st, 7s
2d, 68, 1901
Cairo A Fulton— 1st, 78,
1063, 107i<
N. Y. Central— 68, 1887
Cairo Ark. & T.— 1st. 7s
Deb. certs., extd. os
104 li 105
Gen. r'y A l.gr.— 5s,1931
138
N.Y.C.A H 1st, cp., 78
St.L..\lton A T.H.— lst,78
Ist, reg., 1903
2rt, pref.. 7s, 1894...
-105
Deb., 5s, 1904
2d, income, 7s, 1894 ....
Harlem— ist, 78, coup.. 133
Bellov.A So. 111.— 1st, 88
let, 78, reg., 1900
St.P.Minn.A Man.— lst,7s
1321a
N.Y. Elev.- Ist, 78, 1906.
2rt, 6s, 1909
N.Y.P.& O.— Pr.rn,8s,'95
Dakota Ext.— 6s, 1910
N.Y'.C.AN.- Gen.,8s,1910 6918 60
l8t COU.S0I., 6s, cp., 1933
Trustee, receipts
1st consol. ,6s, reg., 1933
681a 59»<
N. Y.A N. Ellgl'd-lst, 78t 125
Min's Un.— l8t,(Sa, 1922
1st, 6s, 1905
St,P. A Dul.— l8t, 58,1931
t 115
N.Y.C.&St.L.-l8t,68,1921
91
911a So. Car. R'v— Ist, 68, 1920
62
2d, 6s, 1923
•2d, Bs, lii31
Registered, 58, 1931
Trust Co. receipts
N. Y. Susq. A W.— l8t, Ost
Debenture. Bs, 18971. ..

106H»

106
113

Roch.&Pitt.— 1st.

79 'e 80
113 113 '-8

Pac—

130

1261a 127
1201a 121

99-'(

,

A

June— lat, 8s, 1922
McK. A Y.— lat, 6s,
UomeW.A Og.— lst,73,'91
Pitts.
Pitts.

S'thw.Ext- l8t,79,1910 117'a
Pnc. Ext.— 1st, 6s. 1921 110
Mo.K.A T.— Oenl.,6s,1920 923i 93

Collatci-al Trust, 68. .
Do
58, 1907
Kans.
1st, 0s,'95
1st, 6s, 1898

lAke Shore— Div. bonds rli"
129

113
110

.

C—

coup., 1st, 78.
reg., 1st, 78..
coup., '2d, 7s.
reg., 2d. 78...
Isl. UR.— Ist, 7s, '98

iio'Hi

1st,

—

Consol.,
Consol.,
Consol.,
Consol.,

8 fd.,78

1892.
,

Collateral trust, 8s, 1892
Ist, Exten.sion, Bs, 1927
Morgan's La.&T.— Ist, Bs

55

s. f., 6s,

142

139
131

2d, 7s, 1898
2d, guar., 78, 1898
Tol.- lst,6s
Pitts.CIeve.

•79
H.ACent.Mo.-l8t.78'90 •105 108
831a Mobile A Oiiio— New Bs.. 'lllia

B.N.Y.&E..-l8t.7s,1916 132 "a
ISO's
N.Y.L.E.<S:W.-N'w2d«9
Collafl trust. 8s, 1922 igs
i04>i 104 Hi
BufT.&.S. W.— M. 8s,1908
116
Ev. A T. II.— 1st, cons.. 6s
-97
106
Mt.Vern'n— 1st, Us,1923
•95
115
Fl't& P.Marq.— M.6s,19'20
Gal.Har. & S.Ant— l8t,68 106
132 14 1323<
2(1, 7a, 1905
1031a
131
West. Div. 1 St, 5s
901a
110
11
2d, 8s. 1931
1081-2 110
Gr'nHayW.cSStP.- Ist.Ss 79'
llli-j 112
118
OUIIC0I.& S.Pe.- 78,1909
1061-2 10714
831.2 8334'
Gold. 6s, 1923
1061-2
Han.* St. J.— Con. 88,1911 116ia:il7ia
110 ill"' Hend.Bridge Co.— Ist, Bs. 104 JIO512
6412 66
H.& ex
1st M.L.,78t -991a 99^8
107 "2, 107 =j
1st, Western Div.. 78l
'941a 96
87
88
>96
1st, Waco A No.,78t
81
2d, cousol., main line, Ss
135
2d, Waco A No.,8s,1915
123
General, 8s, 1921....
681a
129
H0U8. E. AW.Tex.— lst,7s
119
2d, 8s, 1913
'122 12 12315 Ill.Cen.— Spd. Div.— Cn.
119 120
12312
Middle Div.— Reg., 68
110
129
C.St.L.&N.O.— •ren.l..,„ 120
12934 131
1st, consol., 7s, 1897.- 123',
127 I2I 129
2rt, 8s, 1907
118
lie's
Gold, 58, 1951
111
100'
Dub. A 8.
2d Div.,78
116
Ced. F. A Minn.— 1st, 78
115
124
126
Ind.Bl.AW.— 1st, pref., 78
120
92 14 93 14
l8t, 5-68, 1909
102 13 10234
•76
78
2d, 5-Os, 1909
100
Eastern Div.—68, 1921
93
100
Indianap.D.ASpr.— lst,7s
102
103
1st, 7s, ex fund, coups
10: i< Int.& Gt. No.— l.st,8s,goUl 1121a 116
i'ii'i 115
Coupon. 68. 1909
84
83
Kcnt'kyCeut.— M.8S.1911
139
8tamped4p. c, 1911...
1331-2 Lake shore A Mich. So.—
Cleve & Tol.— N bds.,78 1013^
ie
Clevo. P. A Aah.— 78..
II5I2 lis
116
Buff.AErie-New bds.T
121
107
Kal. A W. Pigeon— 1st
108
iosHi
10234

A

101

1891

1912
1912
P.— Cons

StL.V.AT.H.— l8t,,g.,7s 122

Mich. Div.— Ist, 88. 1924 *108
Miuu.AStuL.- Ist,7s.l927 -130
Iowa Ext.— 1st, 73, 1909 120
2d, 78,

Ft.W.AC.— l8t,7a 141

2d, 7s,
3d, 7s,

Clov.
4th,

A No.— 1st, 68, 1910
1st, 68, 1884-1913
MiLL.S AW.— lst,Bs,1921

General, 58, 19'20

2d, extended. 5s, 1919.. lllia
106 le
3d, extended, 4 las, 1923
4th, extended, 5s, 1920. lioia
6th, 78, 1888
1091a
Ist, cons., gold, 7s, 1920 1271. 1'28
1'22
1st, cons.. Id. coup.. 78.. 1191^
Reoig., 1st lien. 8s, 1908
Long Dock b'nds, 7s, '93 123

I

1931

Cons., 7s, 1904-5-6
Cons., 2d, income, 1911

i'2d'

67 14

2d,7.s.l913
Pitts,

1061.2

Registered, 5a, 1931,
Jack. Lan.A Sag.— 6s.'91

115

83

128

,

58,

Ask.

P.C.A 8t,L.— l8t,reg.,78

48=9

Milw.

II514

1920

EUz.Lex.&BigS.andy—68

Esoanaba & L.S.— lst,6s 111
Des M.*Min'ap.— lst,78 124
Iowa MldUnd— 1st, 8s.
Win.

Den.&BioG.West— l8t,6s
DetMack.iMarq.- l8t,6s
Land

.

<fc

Trust Co. receipts
Den,So.Pk.& Pac— lst,78

E.T. Va.

112>ii

Ches.O.dts.W.— M., 5-68.Cbicago & Alton—
1191a
l8tmort..78, 1893
121>s
Sinking fund, 6s, 1903
La. & Mo. Kiv.— 1st, 7s. 1'23
118
2d, 78, 1900
St. h. Jack.

1909
Coupon,
6a.

Bid.

RR.— Con tinned—

Penn.

Con.sol, 53, 1902

*125

Del.
Hud. Canal— lst,7s
1st, 63, Park. Br., 1919.
IO714
1st, ext,, 7s, 1891 ....
6s, gold, 1925
Coupon, 78,1894
-,-- -j68, gold, reg
Registered, 7s, 1894,
Bur. C. K.xp.& No.— l8t,5s •lOS'i
Ist, Pa, Div.. cp.,7s,1917
col. tr.. 58, 1934 •98%
Cousol.
1st, Pan. Div., reg., 1917
Mlnu.&St.I..— l8t,78.gn 130
West.- lst,7s
Alb. <S Susq.- 1st, 78...
la. City
l8t,cous,,guar.7s,1908
C. Rap. I.F.it N.— l8t,6s
l8t,cous., guar. 8s, 1908
1st, 09, 1921
45
P.—Cons.6
Reus.
Sar,— lst.cp.,7s
Buff. N. Y.
M334
General, 6s, 1924
1st, reg., 7.S, 1921
104
Denv.dt Rio Gr.— Istj, 7s.
Can. So.— 1st, int. guar.,5s
8434 85 "a
Ist, consol., 78, 1910
2d, 68, 1913

SECURITIES.

Ask.

Bid.

1911

7s,

1st, M., 78, ex-i;p..8,7,A8
Mich. Cent.— Cons.78.1902

1321a 133
Ist, consol., guar., 7s
126
N. Y. Lack.ife W.— l8t,68
1041-2
Conatmction, 58, 1923

Ohio—

Jt

Mex. Cent..— Ist,

141
115

2d, 78, 1891
(Stock Exchimge Prkea.)
AtCh. T.& S. Fo-4 ij.'t. 1 920
Sinking Fund. 88. 1911.

SECURITIES.

Ask.

Jefl'erson- lat, 78. 1889...
Mcni..ftC.— lat.Tonn. I..,7a
N. J So., int. guar.6a.l899
rn^- ^ Ht. I..— Gen. 1sf.(i«

90

.

Coupons off,

'i^

50

NOVKMBKK

'JS,

THE chroni(u;r

1885.J

New York

Inaarmnoe 8l«ek

M-ked tlias iM mr« P»r.
not NationaL

170

1(17

1M>1J 125

Bxohaaffa...

276

U2

flntrliors^ADroTV

a

ivi"

2(1

118

100
100
100
Corn Kxohang**.,.. 100
85
KKrtt Itiver
95
KUniMitU Ward*....
100
Kiftli
100
PfTiii Avenne*
100
100
30

'i.'>5

riiy

loi"

uo

A

Tmet

Ftrernt'n'B
Fran kl hi

Uennan-Aineiioui

A Kmp..

.

lii"
(Greenwich
Haniillon

HanoTor

Home

HowarA

1(H)
lilB

Jtifforfton

262
132

KiuifH C'nty (Rkn.).

147

Traders'

In-luK

Long l»l'il (B'klvn)
Hauut»o.«BalM..

KnU'.korhooker

181

Mech.

144
160
136 IIU
BCeoliaiiloa'A Tnda*
100 119
BCeroantlle

60

Keroiiant«'

Kmiilro City

Olnhe

100
100
60
Leatiier ManaTrs*.. 100
60
Mauhuttan"
100
100
Market
as
MecluuilOB*

Imp.

K»Klo

96U

•2i

102"'

ibo"

60
100
100
BCetropohtan
100
Murray HUl*
50
Nassan*
100
New York
Kew York County 100
N. Y.Nat. Exch.... 100
100
Niutli
70
North America"
80
North River*
25
Oriental*
60
Paolflo*
100
Park
26
20
60
100
100
St. Nicholas*
100
Seventh Ward
100
100
Bute o« New York* 100
. . .
Third
100
40
60
United States
100
Wall Street
50
We*tSlde*
100
Merohants* Ezoh...

± Tratters'

.

Mechanics' (Bklyn)
......

29 «

26

las
173
136
102
110
lOi

i22"

Muntniik (Bklyn.)..
N»9«aii (Bklyn.) ...

ieo"

40
SO
20
40
50
100
25
60
60
60
60
60

People's

60
60
25
60
100
100
25

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

mo

City.

.

113
118
a;

1-20

125

2'JO
•2:m

80
100
36
60
?26
130

UO

210
72

no
130
133
75
123

l'.i2

120
70
115
215

<iS

135
105
165
104
145
106
135
115
85

I

—

CaUtornia Southern
Chic.

Connecticut RlTer
Conn. A Passumpi^lc
Cleveland A Canton

25
20
1,000

100
20
1,000

100

Bonds
Nassau (Bklyn.)

1000

Scrip
PeojMe's (Bklyn.)

60

Bonils
Metropolitan (Bklyn.)

1,000

Municipal— Bonds
Falton itfnnicipa^

1,000

100

100

Bonud
Equitiible

'ibo
1.000

Bonds

100

mort
1,000
Br'dway & 7th At.— St'k.
100
Ist

1,000
1,000
10
1,000

let inort
24l nmrt
Brooklyn City—Stock
let mort
Bklyn. Crosatown Stock
Ist mort. bonds
Bnshw'kAv. (Bkln)—Sf k
Central Crosstown Stk.
Ist mort
Cent. I'k.N.A E.Riv.-Stk
Con.sol. mort. bonds

—

100
1,000

100
100

—

1,000

100
1,000

Ohrist'ph'rilOth St^Stk

(i.— F.

250,.000

A.AO.
Q.— F.

100 1,200 .0(10
SOOAc. 900,,000 J. AD.
Scrip
100 1,20(1,,0(10 F.A A.
Eighth At.—Stock
100 1,000,,000 «. Scrip
A.
100 1,000,,000
i2d 4 Wr'nd St.F'ry— Stk
100
748,,000 Q.— F.
Ist mort
1,000
236,.000 A.AO.
HouBt.W.8t.*P.F'y-Stk
250,,000 (J.— F.
100
Ist mort
500
500,.000 J. A J.
Second At.— Stock
100 1,862 .000 J. A J.
Ist mort
40(1,,1100 M.AX,
1,000
1,(1110 M.AN,
Conaol
1.000 l,0.',o,
100 1,501 l.lMllllM.A H,
SIH h At.—stock
Ist mort.,consol

FA

,

,

Thiol At.—Stock

•

iitort.

l.O(M)

1,000
I

1,000, J.
J,
500,
I,000! Q.— F.
2,000,

"20"

Debenture

100>»___

Os, reg,

Con8.,Bs, 1920....
Cons., 58, 1920....

Newt.

Ul
110

A N.Y.— Ist

{55

Phll.A R.— lBt,6s,1910.. 131
116
2d, 78, coup., 1803
132
Cons., 78, reg., 1011
Cons., 78, coupj, 1011 .. 133

—

g., l.B.0.1011
6s, g., coup., 1897
6s, g., conn., 1808

Cone., 6s,

Imp.,
Gen.,
Gen., 7s, coup., 1908
Income, 7s, coup., 1896
Cons. 68, 1st 8er.,c.,1922
Cons. 5s, 2d ser.^., 1933
CouT. A(1J. Scrip, '86-88
Debenture coup., 18931

{96

83

80
41
36

37
IS

87
3(
40

Scrip, 1882

ConT.,7s, R.C.,1893..»

Conv. 7s, (jp.otf, Jan.,'86
PhU. Wil.A Bait.—48,tr.ct 100

A

Pitts, can.
St. L.— 7s....
B.— 78,cp,
Pitts. Titus.

—

A

SharaoktnV. A Potts.— 7b
Shen. Val.— 1st, 7s, 1909
Gen'16s, 1921
Income, 6s, 1923

Sunbury

A

120'4
{40

63

40
39

Erie— lat, 78.

Sunb. Haz. A W.— Ist, 5s 103", 103%
95
97
2d, 6s, 1938
Syr.Oen.A Com.— 1st, 78
Tex. A Pac— 1st. 6s,1906 105>4
81
Consol., 63, 1905
41
Union A TituBT.— Ist, 78
United N. J.—Cons.63,'94
Cons. 6a, gold, 1901....
Cons. 68, gold, 1908....
Gen., 4s, Kold, 1923....

Ist, 7s,

(Sh,

58^

US

2d preferred

Delaware* Bound Brook
East Pennsylvania,
Elmlra A WiUiamsport..
Preferred

Oct.

28 >9
114
276

1, '85i'2l35

109

Hi

Ul

lOSij 109

214

218

lO.S

112
176
112
167
167
118
143
123
140>«
Utf

168
105
162

16'J
Oct. 1, '85,._Not..19'22!11J
Oct. 1, '85 141

Dec, 1902 I'Jl
NoT.,1885 135
Oct.. 1898 110
Nov. ,1885:203
June,

'93|1I4
Feb., 1914ilO(i
Oct. 1, '85 240

l'J07h
116'!i

109

Nor..l885iU8
illl
1894
July, 1885 ''205
!10S
1910
May. '88 105
Sept., '85' IC.')
July, '90
Nov., '86 315
Jan., 90

UO
Ul

Aug.,

This colomn snows last dividend on ito<^, bn( date

'85
_-

'

i260
,117
;155
1131,

210

no's
116
326
113

260

••"3ni2
o(

—

A

N.Y..
Phila. Newtown
Reading
Phlla.
Bait
Phlla. Wllni.
Plttsb.Cln

A

A

St.

L.— Com.

matnntyol bonds

Cons., 7s, reg.,

PennsylT.— 68,

Lehigh Navigation
Pennsylvania

{42

58

Bx.dlTldend.

I

125
87

Parkersbnrg Br

SI

67
11

..„„

RAILROAD BONDS.
A Charl.—Isl
Inc..
108 "i /laltlmora A Ohio—48.
Cen. Ohio.—68, l8t,M.AS.
12>» 12V Charl. Col. A Aug.— Ist.
2d.
CIn. Wash. A Halt.— Ists.

117Hi
103 Hi'....

120
101

119>* 130
97',

105
108 >4 108%
101
70'4

101%
71

2IH1

ColnmblaA OreenT.— Ists
---•-•
2d8
No. Central— 4 Hi», J- * J
68,1900, A.AO

A

A

20

6H1

39\ 40

J...
68, gold. 1900, J.
6s, Series
58, Series B... ---",-1-,

122 Hi

Per share.

2d8
Sds
1st Inc., 58, 1931

Vo'

S4%
186
138

60

55 Hi Atlanta

209 H>

90
100

60

Western Maryland

106
100

{68'

60
60

Central Ohio—Com
Pref

A

»

1910..

lOU

cp.,

1st pref
2d pref

I'ittsb.- Ist.r
Ashtali.
l8t,6s, ree., 1908
Belvlil'e Dol.-lst,6s,1002
3d, 6s, 1887
Bell's Oai>— l8t,78, 1893.
Ist, 6s, 1905
Consol., 6s, 1913
Buff. N.Y.A Phil.— lst,6s
2d, 7s, 1908
Cons. 6s, 1921
1st. Tr. «8. 1922

117

84
Atlanta A Charlotte
100 177
Baltimore A Ohio

62S4

66
65 k

81

110

BAt.TIM«IRK,„
RAILR'U STOCKS.IPar

.

Allegh. Val.-7 3-lOB, '93
7s, E. ext., 1910
Inc. 7s, end., coup., '64

—

UO
UO

..

Sohuylk. Nav.— lst,68,rg.
2d, 68. reg.. 1907

48 U 48 Hi

Schuylkill Nav.. pref...

68, P. B., 1896
Gen., 78, coup., 1901...

63 14 Lehigh Nav.-6s,reg.
Mort. RR., reg., 1897
60>il

42 >3

Dnlted N. J. Companies..
West Jersey
West Jersey A Atlantic.

CANAL STOCKS.

124

1899

CANAL BONDS.
Ches. A Del.— 1st, 68,1886
'84.

66^4

MlnehiU A sch. Haven...
Ne8(juehoning Valley
Norfolk A West'n—Com.
Preferred
Northern Central
North PennsylTanIa
Pennsylvania
Philailelphla A Erie
Phlla. Oer. A Norristown

A

6'4
8>4

Broad Top ao>4

BaILKOAD BONDS.

260

Keb., 1914ill0

NOT.,1888 2.13
April. 93 112

A

Preferred
Lehigh Valley
PrefeiTcd
Little Schuylkill

July 1, '851 27
July,1900lll3

2.)0 (100 ^f.*^I

100

Bonds
1st

100

A
2,000I.OOOlJ. A J,
1,0001 F. A A
000,

1,000

tuori,

Twenty-third St.—Stock

73

1st preferred

1

6.10,,((()()

A PhU

Oatawlssa

June. 1901
1914
50(1,,(1(111, J. A J.
2,000,,000: U.— F. SHi Nov.,1885
Jan., 1902
,000|J. A I.
800,Oct., 1835
200,,000 A. A O.
Jan., 1888
400,1
,000 J. A J.
Not.,1885
500,1
,000 Q.—S.

100

DryIJk.E.B.& Bat'y— Stk

Gap

Huntiugd'n

AD.

121
26'

100

Preferred
Camden A Atlantic
Preferred

300,,000
2,000,,000
1.000,,000

600,1
,()()o; q.— J.
250.1
.000 M.AN.
1,800,.000 Q.-J.
1,200,,000 J.

.)

114
Cons. 68, 1909
W.JerseyAAtl.— lst,6s,C. {108 >9
Western Peon.—6s, conp. 107

Buffalo N.Y.

780 000 M.AN,
3,000, poo

A
4

Hot

,06
uo
r~ lBt,7a,g.,I890 UO
*9t
00%
-l8t,gld.,78
ittie'm— lst,0s
li, M., lU
I,eli.V.-lat,es,C.AR.,'9M 123
139
i3a%
'2d, 78, reg., 1010
126
Cons. 88, C.A R., 1023.
05 .
N. O. Pao.-l8t. 8s, lOaO.
"08. 136 "i
No. Ponn.- 2d. 78, op.
!«• ,(..__
Uen.,7s, 1003
9

.li'll-lst,8s,188»

Warren A F.— 1st, 7s, '96 lOlHi
112
West Chester -Cons. 7i
117
W. Jersey— 1 st, 6s, op.,'96

Bell's

400,,000 M.AN.
IDO ,000 A. « O.
1,000,,000 unar.
1,000,,000 A.dtO.
1,000,,000

J.
900,,000 J.
700,,0001 J.
J.
2,100,,ooo' Q.—J.
1,.'>0(),,000 J. &D.

,

13S<*

Preferred

700 000 M.&N.
1.000,,000 Quar.

1,000

Boiiilrt

lot

2eig

RAILROAD STOCKS, t
Allegheny Valley
Ashtabula A Pittsburg..

&

[(JuotatlonB by H. L. Grant, Broker, 145 Broadway.]

Bl'cker «.& Fult.F.— Mtk

IW

PHIL.ADEI.FIIIA.

1.200, OOO) Var's
250, 000 A.
O.
35,430,,000'
758,,0001 Qnar.
700,,000 F.* A.
3,500,,000l Quar.
1,500,,000 M.&N.
1.000 000, Var's

Var-s
10
1,000
var's

25

13*
M>»

•'Wmsn't-fst.Ss, 1010
erp«tnal

Phlla.

13°8
Mexican Central
Nashua A Lowell
-„„,
S7>8 37 "4
N. Y. A New England ...
99't
Preferred
Northern of N. Hampsh. « -- 1'25
Norwich A Worcester... 164
162
•";
Old Colony
Ogdensb. A L. Champlalnl «14
127
Portland Saco A Portsm. «
28
Rutland— Preferred
12 Tf 13
Huiiimit Brauch
Worcester Nash'aA Koch UO 130
16=4 17
Wisconsin Central
25
Preferred

^^•

g

••I

Phll.AErie— l8t.78,cp.'88

101
106
67
67 "a
117 1-20
Fltchbnrg
17s» IS"*
Flint A Pere Marquette.
90
Preferred
90
86
Fort Scott A Gulf
130 132
Preferred
75
rowa Falls A Sionx City. •74
64
Kan. C. Clin. A Hprlngfd
65
64
Kan. C. SpriuBf. A Mem,
43<!i 44
Little Rock A Ft. Smith.
20
23
Louisiana* Mo. River..
50
Preferred

2,000, 000 Var's

136

,

C—

3

il8

A ooiip

Perklomen— 1 st,6s,cp.'87

Det. Lansing A No., preJ.
Eastern, Mass

232

reg.

110
1 90004
Cor.CowanA Ani.,dsb.Os,
Delaware— 6n, rg.A ep.. V.
Dot A Bound Br. -1st, 78
East Penn—lst, 7s, iMS 108
/KaaionAAmb'T— 6s, 1030 100
Connect'K 8s, cp.

Norfolk A Weat.-aen.,68 101
9H
90
N. R. OlT., lat, 88.1033
ioiig N. V. Phll.A Nor.-lst, 6s 105 >4 I0«
Inc.,es,1033
88
Oil CltyAChlc— Ist, «s..
10% Oil Creek— Ist, 88, conp.. 87
PennsylT.—Oen.,68, reg. 130
il8""i
aen.,88, cp., 1910
182
Cons., 68, reg., 1905.... 120
184<.,.
Cons., 8s, coup., 1906... 120
12313
UO
Cons., 6s, reg., 1019
10
Pa. A N. Y.
7b, 1898. 133
7,1908
IS",

I

Period

;

S105
170
{07

Preferred
(1.
Mass. Central, pref.
Metropolitan

Amount.

New 7s,

63

cleTe.

Concord

105

. .

Bonds
Bonds
WiUlamsbnrg

A

Maine Central
Marq. Hought'n A Onton.

Par.

ConsoUiIated Oas
Jersey City <& Hoboken,
Metropolitan —Bonds ...
Mutual (N. Y.)

A west Michigan..

Cinn. Sandusky

9>ii

93
94

Cheshire, preferred

120

Brooklyn Gas-Iiight.
Citizens' Oas-L.CBklyn)
Bondri

i

Cambrid&o

Gk« and CItr Railroad Stacks and Bonds.
[Oas ^notations by G£0. H. PBEimsB A CO., Brokers, 49 WaU Street.]

OA8 COMPANIES.

108
104

STOCKS
87 «
A Topeka
10 1«
A Paciflo
Boston A Albany
Boston A Lowell.
Boston A Maine
184
Boston A Providence
Bos^ton Kevoro B. A L}^nn 122

87
loa
138
125

2'20

Chat. M., 10s, 1888

00

Atlantic

138
120
100
56

50
100
130
120

no

119

10>l<4 10B>ii

Atchison

UO
170
UO
146
UO

50

.

Sonora— 7s

90
100
105
45
85
86
112
100
145
HO
165
70
140

165

Cam. A Burl. Co.- 8s, 07.
Cslswissa— 1 St, 7», con. c.

Kutland-8s, 1st

2120

83
»5
95
36
80
80
1U8
90
140
85

IM

2d, ««, 1904
Conn.. 6 p. o

I

90

88
26
40
218
125
105
100
67
105

108

.Mort..6«, 18H9

Cam.

i

no

lO.'S

A Amboy—6s, c.,'8»
A All.-Ul,7s,f.,'«8

Cam.

131 >9 133
Mass.— 0», now
Fort .Scott A (iulf-7s
i'lo"!"'"
K. (Mty I.a«r. AMo,-8s.
K. City .St. Jn. A V. B.— 7s
Utile K. A Ft. H.-7S, 1st i'lflij
K. City Sp'd A Mein.— 8« uo
40S4I 50
Mezlcan Central—7s
14 Is 16
Income
91
Scrip
88
liebcnture, 10s
1'2»'4
M. Y. A N. England- 7s.. 123
U3".j 113^1
ds
102
101
2d mort
N. Mexico A So. Pac.—7s 123
08
OKdensb.A Ij.Ch.— Con.8s i05
29 04
Income
Old (;olony— 88
123
PUBblo A Ark. Val.—7s..

'246

75
78

KovBinas.

Ask,

Kast'rn,

30
23U

BaUlBior».

Ruir.P'tU.A W.-flsn.,0s

Nebraska, Bs. Kzsmpt
Mebraska, Hs.Kou-sz'pt
Nebraska, 4s
Conn. A Pfwnumpalo— 7s.
Connntton Valley -8s..,

170
170
130

60

Star

WUUamsbarg

US

26
10

Standard

United States
Westchester
117
116

Ask.
163
103

07
lau
loo

37 -a
N. Y. Equitable.... 36
100
N. Y. Fire
SO
N lag ara
26
North Biver
26
Pacific
100
20
Peter Cooper

110

116
150
160
153
140

Bid.

liii

50
100
40
100
30
60
17
10
100
100
60
60
25
100
16
50
100

Bid.

HOHTONAtoh. A Topiika-lit, 7s,
lAnd grunt, 7*
Boston A Mams— 7s
Boston A Albanr-7a ...,
Boston A Lowsll— 7s....,
8s
Boston A ProTldencs—7s
Burl. A Mo.-I.d. gr.,7s.
,

17

6t«)'

1:2

Pine m.]

20
70
100

KaiTllKUt
Fti-onKMrn

100 uo
76 1(14
Oeninui Amerloiui*.
eeniian Exohaoge* 100
100 I6j
Germaiila*
Greenwloli*

Urmiklyn

KzclinnKO

SO iao"

Ualtiitlu

26

Conmu^rclftl
L'onlluontnl

168
107
176
100

(NmitiitM-ce
Coilt.illMlUil

Ainorlonn
50
Amor. Kxcliuige... 100
UuwtM-y
25

IMly
Clinton

100 270l>

Cltl/oiirt'

Par.

t'lMifiie'

IM

Ctutttiiiin

OOVPANIKB.

Hrufulwfty

100 10.1
100 160

Oiitnil-

8K0URITIBB.

Iilat.
><

PHIOB.

A«k.

Bid.

100
A.ni«r.

8. Bkller, 6

PRtOS.

OOMPANIKH.
ftf

tPriOM b7 K.

wd

qnotationa la Boston, PhlladelpliU

Local Seonrltles.

Bank Sl*ek LUt.

«07

21%

88'

90

I2OH1
laoHi

100%

Plttsb.ACon'olla.—78JAJ

Union RR.— Ist.guaJAJ
Cant^m endorsed
106
Virginia A Tenn.— 68

—

88

W.Md.—68,

Ist, g.,

A

vi-v
J.AJ.

J
•2d,rref.,J.
2d, tuar. by W.C0.J.AJ
68, bd, guar., J.AJ
Wllm. O. Aug.—6a

WU.

A
A Weioon—68

111
135 >s 138
107
107

117%
107

103

7s.
t

In det»»lt.

i

Las' Prloe this week.

THE CHRONICLE.

608

New York

RAILROAD EARMNtiS.
earning and the totals from Jan. 1 to
latest date are ^ven below. The statement includes the gross
eaminKS of all railroads from which returns can be obtained.

The

latest railroad

Latest Earnings Meporled.

BOAOB.

Jan. 1

to

week ending November

Loans and

1885.

1884.

1885.

1884.

New York

.

1

.

BufF.X.Y & I'liU. Soptcmber
wk Nov,
Bur.Cid.R.& No.
Canadian Paeiflt 3il wk Nov.
Central Iowa-. 2d wk Nov.

238,308

M

7(i.9l,5

162,000
31.040

223,869
63,343
144,000
34,071

.\m;ust.... 1,3.58,122 1,622,112

2,663,785 2,358,436
7,373,654 5,065,507
1,114,790 1,271,424
9,272,178 10,302,410
2,454,924 2,683,433

309,097 303,103
5.57,241
76,252
509,500
72,519
960,420
Si'iitimher
138,892 117,916 1,108,916
21 wk Nov.| 182,374 210,985 6,886,008 7,648,757
Si-ptomber 2,640,035 2,707,110 19,0.50,141 18,505.825
~"
46.879
36.520 1,464,461 1,379,688
Cliic. A Kiisi. 111. ;!awkNov.
635,000 510,042 21,313,050 2l),(iO5,501
Chio.Mil.AiSt.P. 3 IwkNov
563.500 1S(1,OIIO 21,(1 10,«51 20,0 17,0 13
Cliic, & Nortliw 3(1 wk Nov
12S,WOO 5,100.933 5,I'.)-<,5S3
147,,500
Cli.St.r,Miii,.*;0. 3ilwkNov.
28,067
25,585 1,008,849; 1,204, SOI
Chio. & W. Micl).,l.slwkNov
47,930
47,878 2,068,077] "2,131,130
Cln.Ind.St.L.&('. 2ilwkNov.
257,163 242,380 2,167,160! 2,188,010
Cln. N. O, A- T,l', Ootobcr...
32,900
35,935 1,468,920 1,601,265
Cin,Wasli.& Hall 2(1 wk Nov.
8,458
426,669
425,730
Clev.A.krou.^rol jd wkNov,
8,825
321,228 344,481 2,252,925 2,447,421
Clev,Col,C..t lud Aiisust ...
24,478
21,690
168,251
15^,583
Danliury & Nor 'Scptemher
Denv. & Klo Gr 3d wk Nov. 138,901 107,907 5,476,328 4,002,007
125,615
91,300
840,025
661 ,025
Denv. it K. G. W. Ocrol).-r
9,215
9,473
326,200
307,715
DCS. Mo. & Ft.D. 2dwkNov.
21, .532
D(t.I.aus'git No.iSd wkNov
24,954
Dub.ASioux Gity 2d wk Nov
20,600
21,348
769,616
803,813
411,3S0 412,289 3,309,812 3,236,630
E.Ttiin. Va.AGii. October
14,075
14,863
653,818
65(i,844
Evansv. & T. II. 2d wk Nov.
41,638
40,721 1,662,743 l,0OS,(i51
Fliut & P, Marq, 2(1 wk Nov.
22,648
18,978
795,242
808.014
Flor. U'wav A N, Ist wk Nov
Ft.WortU & Deu. October
43,793
39,867
401,611
387,581
270.235 226,751 1,003,338 1,718,808
Gal.IIar.&S. Au.|Aii,i;nst...
Wk.Nov 14 303,413 342,533 13,260,620 15,017,070
Grand Trunk
31,761
23,581
Gr. H.W.ASt. P.iSeptcmbir
290,011 211,061 1,380,472 1,424,891
Gulf C(d. & .8. Fc. lOcIolier
240,468 103.878 1,234,161 1,425,185
Hou.s. <fe Tex. C-.Aiiiiust ...
Ill.Ccnt.(m,&So) 2d wk Nov.
268,300 281,006 0,232,557 8,817,772
(lowai 2d wk .Vov,
39,000
Do
40,107 1,414,568 1,486,848
47,773
ITnd. Bloom. \-\V, 2dwkNov.
47,033 2,064,004 2,042,514
k.CFt.S.iiUnlf. 2dwkNov,
51,600
40,078 2,106,089 2,076,180
28,760
28,480 1,310,706
Kan. C. Sp. & M. 2iliWk Nov
005,700
Kenliickv C'eut'l Si^i tcuil)er
89,204
09,891
623,350
677,154
L,Rk.M,Biv,ctT, S picnib.
26,2 15
26,419
211,614
227,470
L,Kk.it Ft.Siuitl; Scptcud>cr
49,797
48,271
371,184
355,171
Long Island
;3d wkNov.
50,144
41.157 2,634,413 2,550,400
52,350
La, & .Mo. River. Auijust. ..
66,iil9
358,993
431,381
47,439
Loui jana West.;Aii^n.sr
37,074
377,812
285,198
LoiU v,&N(isUv, 3ilwkNov,l *;...,, x\t\f 291, 1,50 12,162,925 12,010,332
Manli:itlau Elcv'2d wk Nov,
143,969
Mar,£lo>ieh.& O, idwkNov,
13,631
8,103
779',5b5
786',9fl6
Mcui. & Cliarle.i.lOetober
133,705 126,245 1,029,954 1,111.864
•Mexican Ceni'l. 3d wkNov,
78,200
68,030 3,125,114 2,505,610
*lIex.N.,all line.s Octolier
128,610 146,2,52 1,285,158 1,334,,508
Milwaukee & No 3(1 wk Nov.
12,715
10,011
497,868
464,880
Mll.I..Sti.&\Vcst. 3il WkNov.
31,390
22,625 1,102,682 1,000,568
Minn. &St,Ix)uis 3(^ptciuber
135,557 173,672 1,240,200 1,324,743
Mobile & OUio
October...
225,878 212,4,59 1,537,670 1,622,443
Morgan's La,&T, August
323,966 246,706 2,433,391 2,086,605
NasG. Ch, .kSt.L.;Oct()ber
191,846 203,737 1,7.50,712 1,965,160
V.O.St. Nortlioasi October
77,415
80,041
538,921
333,393
N. Y, City A: N.i i20dysNov
28,402
10.438
5N, Y,L.Erie AiW, September 1,.505,377 1,732,730 11,345,039 12,396,412
N, Y, Pa, & O. l.-iepiembet
485.718 546,525: 3,500, <J01' 4,156,361
N,Y. & New Ehr. Stptinibcr
345,312 2S 1,638 2,1^2,386 2,446,500
N. Y. Ont, & W.'. Ociobor..
168,796 185,043; 1,570,405 1,631,005
N.Y.Susq.iWcst' )ct.ilier..
105,087
00,050:
008,605'
840,240
Norfolk & West 2 « k.s Nov.
120,317 102,200 2,317,786 2,206,341
Northern Cent'l. (Jctobor
534.011
519,795 4,490,620 4,601,504
Nortliern PacillC|2d wkNov., 301,1.58
a86,158 9.958,605 11,341,224
Ohio A Miss
'September
344,619 357,1.52 2,699,147 2,788,070
Oliio Southern 'October
52,130
46,313
377,075
376,146
OrcKou Imp. Co. §• pt( luber 244,496 280,578 2,110,301 2,504,384
Oregon Short L.|8( iit( mber 184,174
96,741 1,323,092
658,368
Orcg. 11. & .V. Co.|2d wk Nov.
151,1.52
91,202
Pennsylvania. locti ber
4.35i),174 4,447,547 37,596,806 40,846,646
Peoria Dec. .SiEv, 3d wk Sov.
16,406
15,164
6W6,002
6.32,284
Phlla,&Erie ....Scpteirber 338,775 352,265 2,3(il,622! 2,661.706
Phiia.&Rl_adin^'|8ellt(mb•.'r2,80()3«s 2,m7(Ci51 2ro03'lo'i "Tliil 0"'i
Do Ct^Iron, September 1,751,214 1,571,607 Iia72l251 lii/iKMlSl
Bichm'd &Danv.|0"t,il)er
410,S()0
42S.UI(1 3,2 13,644 3,131,660
Ch. Col, iSt .\U).', Septcmlier
80,150
64,276
561,415
511,120
Caluiuliia.V Gr. Septi niber
63,400
51,130
4.54,107
418,743
Georgia Pac...|8e|)iciuber
62,069
46,974
458,412
390,146
Va, Midland.. October...
150,022 167,505 1,284,807 1,351.760
West. No.Car (Jetobor...
4.5,841
41,3.50
383,385
359,678
Boch. & Pitlsb'){'3d wk Nov.
2«,934
24,383 1.087,145 1,018,445
BonioWat. &Otr. 8cpt<-mber
172.001
184,7861 1,233,563 1,243,541
St. Jo. * Gd. Isl. 2d wk Nov.
18,3.58
23,460
912,213
et.L.AltonJ;T.lI. 'ill WkNov,
24,020
23,972 1,040,085 1,17,5.652
Do Blanche.'! '2d wk Nov.
15,280
16,084
645.845
649.322
8t, L, F, 9. k W, idwk Nov,'
16,320;
12,064
557,759
437,491
St.L.ASau.Fran. 3d wk Nov.
121.014
92,320 3,875,775 4,177,38 1
Bt.PanlADulutb 3d wkNov,
38,04'
35,83
1.209,228 1,165,647
gt,P..Min.vMun. (X't..ber ..r 908,858 1,014,8/2;
5,938,693 6,615,318
Bcloto Valley... September
51,998
....
Soath Carolina. 'October
134,061
157,352
916,210
968,263
So.Pac.Ciunp'.v—
Seiitcmbcr
Siptiuiber

.

.

.

.

.

.

.

New York

of

.

Merchants'

10.460,000
9,H»4.000
8.506.500
8,917,000

, .

Mechamcs'
America
Phenix

-

.

ll,S'o'.2.900

.

3.0(10.000

City

9,921,400
2,384,800

Tradesmen's
Fulton

969,000
I6,l»7.900
3, 215.0 JO
5,630.600
1,706,500
1.336.500
990,000
3,393,900
1,207,400
S,77O,G0O
13,848,000
19,031,400
6.441,300
6,442,300

Cliemical
Mercliants' Exch,
Gallatin National.,
Batchers' A Drov,.

& Tr,

Mechanics'

Greenwich

,

Leather Manul'rs,
Seventh Ward...
State of N. Y
Americ'n Exoh'ge.
Coniraerce

- ..

Broadwav

--.
...

Mercantile
Pacillc

Net Deposits
other

Tenders.

tKan a.

-

...

North America

1.25!'.:00

1,453,900

2,744,000
6.2S4,90O
18.933,600
4,7:^6,000

Nassau . ...... ..
Market
Nicholas...
Shoe & Leather
St.

Com Exchange ...
Continental
Oriental
Importera'A Trad.

Park
North River
East Biver
Fourth National..

9,'J2S,000

First National
Third National ...
N. Y. Nai. Eioh..

429.700
268,600

303,400
607,000

17,87l),!i00

Central National..
Second National.,
Ninth National...

4f'0,2Q0

1,404,200

1,V93.000
2.136.000
2,172,400
2,771,800
2,793,600
3,026,000
1,979,600
1,043,200
2,7 '6,700
2,204,700
1,310,800

Citizens'

187,400
251,700
312.700
211.600

2,,'i06.'.'00

530,800
733.900
460,400
768,200
282,600
714,000
708,600
64,5,! 00
271,000
5,817,300
6.840,300
71.000
282,500
3,524,700
2.084,000
641,000
1,601.000
4,482,500

183.400
237,900
110.400
473.600
606,000

1,531,400
308.300
643,800

924,300
185,100
540 500

8,817,400
3,030,000
2,462,500
2 552.200
3,219,100
1,988,300
3,161,000
6,49a.O00
4,974.500
1.780.100
20.262,200
19.039.400
1,711,000
1,119,300

trving

1

751,600
1,141,100

3,75!<,l00

..

Hanover

2(12,100

61.S,200

6,230,600
4,101,200
1.597,800

Peoples'

1,236,800
634.000
600.900
249.000
1,813.000
23S,200
127,600
657,200
227,600
753,500
135,300

0.678,000
4,927,300

Bowery
N. Y. County
Gi riuan- .Vmeric'n,
Chase National...
Fifth Avenue

German Exch'nge.
Germania
United States
Lincoln
Garfield
Fifth National....
B'k of the Metrop..

2,779,000
16,2)6,600
2,217.300
1,801,000
22;743,700
3,129,500
4,985,700
1,679.100
1,501,100

I,32x,000
1,484,100
157,000
104,600
1.149,700

651,000
387,000
376,900
742,1100

602,300
133,600
218,000
303.400
132,900
191.100

8Vi7,300

437,300
241,700
102.400
2 3,300

258,700

,8eal>eard

Sixth National

1.548,401)

429,000

98,01)1)

252,300
101,400
233,900

"i'eno

4.070.000
16,034,000
17,391,200
6,527,700
7.389.600

^ 8 1,900
897,100
45,000

3.1180

500
423,000
45,000

5 845.600
4,480,300
2,109,100
4,:; 16,000
10,045,500

180.000
300.000
269,000

3,0(10,000

3.321,200
3.425.500
3.073,500
2.005.200

444,100
439,000

3,7;l3.000

4.077,800
3,e60,-200

ld3,50'0

1,965,700
24,525,100
25.0-0,700
1 917.000

98l',600
4,^,000
22i'8b'd
1811,000

l,'ll7,4O0i

18.903.500
10.35S.000

247,000
37,000
45,000
437,100

3,4i;0,000
6.166. IOC

20,018,900
5,483,900
1,256.200

179,600
225,000
180,000

2,:i48,700

2,529,900
2,614.000
3,548.0J0
3,309,500
2,737,800
2.656.200
3.216.300
2,737,700
1,382,600
1,530
1 ,2
4,318,900
l,f58,000

467000

380,000
43,990
179,200
135,000

1

296,800
368,100
73,100

1,1

'go.bdo-

609,200
44,700

2.89,700

1,541,500
1,672.600

West Side

246,000

1, -200.800

400,000
277,900
36,500
280,300
127,900
158,600

1,06:1,000

150,000
3'56,30»

l,038,0:)O

114,4!)0

270,000
377,200

tion.

2,922.200

23.S,60o

173,500
603.000
280,000
721,300
416,000

Circula

ll.;409,400

238,600

474,500
680,800

1,21>S,100
3,20.1,800

9,315.100
8,675,000

426,1100

3,i3.100

S.

9
10.9P3.000
11,036.000

633,000
749.000

3,322,000
2,312.000
1,462,600
2,073.000
2,350,900
490.000
6,849,900
322,300
1.445,600
10,369,900
726,500
1,133,500
312,500
101,100
120,100
651,600
258,300

2.:'OS.^00

Repnblio

Chatham

City for the

Amount of—
Leoal

Specie.

Discounts.

Latest Date.

892,335
861,849
104,273 109,734
Ala. Gt.South'n October..
At«U. T. & 8. F. iScptember 1,385,.585 1,513.046 11,038,536 11,852,819
161,877
222,302
ISeptcmber
16,89
24,708
•Soiiora
12,5,145
114.377 1,099,414 1,017,584
Bolt. & Potom.ic, October . .
407,264
422,820
9,090
12,01
Boat. H. T. & W. 3.1 wk Nov

.

Banks

21, 1885:
Average

Bankt.

Manhattan Co

tCenlral Paciflc.
Clicsiip. & Ohio.
Ellz.Lex.JiB.8.
CTies. O. & S. W.
Chicago & Alton
CUic. Burl. & ')

—The foUovrtng statement shows the

City Banks.

condition of the Associated

'»

Week or Mo

.

[Vol. XLI.

1,8211,800
1,S3L1,600

191,000

. .

Total

333,493,200 93.656,300l29,009,700 381,106,900|lO,077,300

The following are
Loans.

1885,

totals for several
\L. Tenders.

Specie.

weeks

Deposits.

past:
Oirculatio7i\AaQ. Clear'gi

9

.

|

I

.

.

. .

.

Atlan. Systbiii AnaniRt
Pacllio

A

system A m;H8t

...

N. O... Ausfust

740,131' 586,212
1,000.362:2,240,456

5,345,833

4,632,206

...i

Oh,400
75,.5'J2
63i,272
541,597
<k St, lx)uls 2.lwk Nov!
40.293
34,746
Union PaciHc... .September 2,518,122 2,.186,827 18,378,778
18,271,252
VlcksirKA ,Mer.'0(!Iober,.
47,99
55,333
347,C 26
3011,356
Vicksb.Sli.iPac. October
58,499
46,888]
317„50',
182,1.50
W»l>. St. L. ic P.i4tli wkOct
420,112 485,890 ll,.505,17t 12,634,170
1 We.1t .lersoy. ISeptember 125,123 131,4061 1,018,056 1,060,816
Wlscousln Gent' l;2d wk Nov.
30,388
29,283! 1,268,700 1,227,196
.

.

•

Boston Banks.

.

.

.

"'" 1'"''*'
rJ„^L"',",i'°''.''.,
Central l*actHc system.

™"9' ""rth

^^''

"

or GosTien

now oamnrhin"'

Decatur A Sprinjrfleld In either yea-.
^"'^ ^°'''' ^""isy'va"'* & Ohl.) roai.

'"'•""lapnlls

And branchS^'"'

L, Tenders.

Specie.

Nov, 7 154,375,300

CircalrttiOTi Agg. Clear'QS

S
6,063,000 117.163,700 21,473,000
5,4(16.3001 1 17,772,900 21,639.5011
5,10»,300il 16,57 l,lO0!21,627,60(l

9,014,700
9,148.200

" 14 155,283,600
" 21 155,322,100

9,160,00(1

Philadelphia Banks.—The

91,173.896
87,165,520
04.333,791

totals of the Philadelphia

banks

are as follows:
Loans.

Lawful Money.

$

1886,

$

Deposits.*

80,6l'6,500
30,534,700
7
88,454,600
>-0,832,.-00
30,;i01,5'J0
14
87,156,800
8(1.978.000
29,760,600
21
86,938,900
"inoindlng tlie lietu "due to other banks."
'•

"

Unlisted Securities.

week

—Following are

Securities.

Bid.

*Pac.— C. D„l8t, oM
Cent, Div., 1st, new
comes

I'ref
'I'rnst

05
12

IV

bonds, Cs

Elev'd- Stock..

liioiiklyu

Si

28

56,589,70 5

50,433,827
80,747,634

latest quotations for

Cent, trust CO! t
Jt Atiaulic

1234
17a,

38
50

.

A itio Gr.— 5s
Denv. i Rio Gr.W
llenv.

:o
97
45
181,

25
99
4H1-J
'.8'„

HMison Electric Lizht.... iOO 110
Georgia Pac Stock
15',
1st (iiort.,6s
105
100
2d inort
47-'!;
48
Henderson Bridge— Stock 80

—

Motor
Mexican National
lie. ly

61r

16
29 7r
54 'a

414

luort

M. i<.*T.— Income scrip
N. Y. M.Un. Tel, —stock.
N, V. W, Kh. A B,- Stool!
Keceivers' cert
North, Pao,— Div. bonds
.

7
5

SOU
Yl"'

"i'^t

....

1st mort
Pittsburg* Western
1st mort
Po.ital Telegraph— Stock.

Uulland KH
Southern Tel.— Stock
Ist mort

l!>

Can. So.— 1st.
Tel Cn.-Pref

Coniiiieri:ial

Bid.

Seeiirities.

North Riv. Cons.— 100 o.c
New Jersey & N. 5'. I'ref.
N. Y. & Green'd Lake, l.-<t
2d nioit
Ohio (Jent.— Riv. Div,, 1st
Pensacola

108

t

niort

nitcago

Aik.

84

24 1^
.Accumnl. land prant
Atla. & Char. Air L., si'ck. 821,
1st niort., gen. boud3..x 119
lucoaies
96
Bo»t. H.T.A We8t.-Stk.
a
Iiebentures
60
Bnlf. N. y. <6 Phila
12

|2<]

7,419.500
7.413,823
7.420.500

a

past:

Atl.

Ii.

Olrculation.^Agg. Clear^gt

$

Nov.

l:(t

the

Deposits.''

S

Pref

Mexican currency.

tv?.','iV,'''.",'V."''

—Following are the totals of the Boston banka

Loans.

l.-lt .ItO:

Tex,

S

9.992,400 775,413.618

14 340,369,100:92,796,300128,757,400 380,234,200i 9,952,00(l! 779,2 14,2.SB
" 21 339,493,200:93,056,300129,009,700 81,1 06,9001 10,077,300 868,938,9 1

••

.

.

Texas

Nov. 7 340,958.900 93,844,900 26,799,800 380,768,400

State of Tenu.— sel't.Ss.x
Settlement, 58

A Grand
Incomes

St. Jo.

Stock

Texas

Pac

<t

21

Ask
22

20
20
8
11
25 li
10^4
SOUg

87

11

6B

m

11

..

i^
^9.

4
2

22

25>a

64^4

OSHi

9(1

101
Isl., 1st..

— Scrip 1'<S4.

rox.Jt8I,L.;!&ADiv,.l.st.

1023.
57«.'

581a
38

38

M\i
5

Pol. it 0.

Plot
Vi.ksh.
Pref

con. com. stuck.

JE

Meridian

68
10

71

4>!>

48

Incomes
13
lOi" Vicks.shreve.tt Pac— Ino 10
93>4 West N. Car.— Con. molt. 8S

19

20

NovKUBcn

;'h,

THE CHBONICLR

188S.J

than

3itiwcstm.cttt

when duo; with

^alTvaafl StitttXlflcucc.
The Investors'Scpplembst aontaini a complete exhibit of
the Fan'li'il Debt nf States and Cities and of the S'
Bonds nf li'tilnmiln and. oihsr Companies. It is
on the last Satunlai/ of eo'.ry other month— viz., /

'

'

/

and Denemher, and

•

-

:

.

,.,

furnished without extra charge to all rei/tilar subscribers of the
Chiionicle.
Extra opiei are .lold to subscribers of the
Chronicle at 50 cents each, and to others than subscribers
at ifl per copy.
is

ANNUAL REPORTS.
New York Lake Erie & Western,
(For the year ending September SO, 1885.)
The annual meeting of stockholders was held November 34th,
and tlie directors elected for the ensuinis; year were Messrs.
John Kins. J. Lowber Welsh, Henry H. Cook.W. A.WhpHlock,
GeorRe W. Quintard, W. L. Strong, Morris K. Jesup. W. N.
Gilohrist. .lohn CJ. McOnllough, Cortlandt Parker, Wm. Libbey,
William Whitpwright, O^den Mills, W. B. Dinsmore, James
J. Ooolwin, Jacob llxya and Charles E. Loew. Mr. Josup and
Mr. Loew are elected in place of Messrs. George M. Groves
and James A. Raynor. At the meeting President King voted
180,637 shares of stock and 16.623,300 bonds. J. G. McCullough voted 2'")0,613 shares of stock and $17,706,300 bonds. I.
& S. AVormser voted 48,834 shares of Erie common, 3,308
preferred and $995,000 bonds. The new directors convened
subsequently and re-elected the present officers of tlie company.
The report of Mr. John King, the President, was submitted
at the meeting, and while it discusses at much length the
affairs of the year, it says nothing of the floating debt or balance sheet at the close on September 30. At the present
moment, when negotiation of the new loan and funding of
coupons is in progress, it was particularly desired that a full
statement of the company's financial condition should be
made. T!io annual statistics of traffic, detailed income, balance sheet, etc., are not yet issued. From the report of the
President the figures below are compiled. Mr. King states
the net result of the year as follows
Net Pariiinsa from trnlflc.
wlilcli add earnings from other sources

To

a greater nuni hIiouIiI the eom*
to pay the Interent nuiiliirlv
the proviso, however, that ihe rnliK and G dhould be reduced from to 5 iwr cent. Tl
BJtion having, up to the present time, fx-en accepted by over
80 per cent of the holdern, paymentfi of JntereNt have l»eon
r.. 'I, III ly and
promptly inaile thereumler to Ruch RiwentinK
During the present fiscal year, this company, having
final amount of principal and interest of s rie» M, haa
acquired title to 2,9!)!» freight cars covered by that trtiHt, at a
cost of $1,187,81.5. The car ecpiipment, which has not been
kept up to the standard for several vears past, has been put in
proper condition, the sum of $750,840 having been ex|M>nded
repairs and renewals of freight cars, and passenger car*
also well maintained at a cost of $184,154.'
CINCI.V.V Alt HAMILTON A UAYTOV RB.
After reviewing fully the Cincinnati Hamilton
Dsytotl
affair and the termination of the contract by the courts.
" It would be a great mistake to
President King remarks
suppose that the east-bound business which came to the Erie
line at Dayton was contributed by the Cincinnati Hamilton
Dayton Company, It was nearly all traffic which the agents
of your company secured at Cincinnati and other points in the
West, and for which the Cincinnati Hamilton & Davton Co.
simply furnished train and track facilities, charging therefor
much more than the character of the services justified. As
the result of this controversy, to which undue importance
was publicly given by those who desired to injure your eompany, the Cleveland Columbus Cincinnati
Indianapolis
Railway Co. came forward and offeretl much better terms for
the service between Dayton and Cincinnati, and a contract
has been made which will shortly be put into operation."
five per cent annually, anil
eleot: agreeing further

pany bo

A NO

April, Jane, Augnst, October

ooe

$1.5(»7,055
1.002,691

m

&

:

&

&

CHICAGO & ATLANTIC RK.
" Large sums of money were advanced to the Chicago <fe
Atlantic for purposes of construction, without coinjjensating
advantages to the Erie Company, as results so far have shown.
Notwithstanding the assertion that the Chicago & Atlantic
was practically an extension of the Erie system to the city of
Chicago, and that the road was to be under the control of the Erie
Company, this company is now and has been for nearly a year
past witliout voice or influence in the management of that
company or the conduct of its business. The relations of the
two companies are now the subject of disagreement and
litigation."

In regard to the great reduction in expenses

made

necessary

by the circumstances of the year 1884-5, Mr. King remarks:
"Sinecures were abolished, superfluous men removed,
$.5,.')?9,747
Total
exorbitant salaries reduced, and a direct responsibility enforced,
From wblcli lU' luct amount for interest on funded debt (exall of which, with the further exercise of the utmost economy
clusive ot second consolidated morcgase bonds) rentals of
4,950, S47 at all points, resulted in the enormous reduction
leased lines iind other charges
of $3,010,561
liCavlng
$638,900 in the operating expenses of the company, as compared with
the previous year. Had this been accomplished at the expense
A sum nearly ei|ual to two per cent on the second consolidated mortgage bonds, the interest on which amounted to 2,015,844 of the physical condition of the property, it would have been
false economy, but the track, the car equipment and locomotive
Makiug the deficit for the year
$1,3 76,913

The earnings and expenses of the company (including the
operations of the New York Pennsylvania & Ohio Road) for
the year, as compared with those of 1884, show a decrease in
gross earnings of ^3,702,863, a decrease in working expenses of
The
i3,010,5(il and a decrease in net earnings of $693,301.
working expenses have been 69'79 per cent of the earnings
(Including for this purpoie the entire gross earnings of the
New York Pennsylvania & Ohio Road) an increase overathe
previous year of 37-100 per cent.
The earnings and expenses for the year, for the New York
Lake Erie & Western Itailroad proper, excluding those of the

power, are in better condition than at the beginning of the 3'ear."
The following statistics are compiled for the Chronicle,
(including the N. Y. Pa.& O. RR. from May 1, 1883, of which.
68 per cent of gross earnings are included).
OI'ERATIONS

AND

FISC.\I.

RESULTS.

Operalioiia*—
18,Sl-82.
1883-84.
1892 83.
Passougers carried..
6,784.195
6.934,724
6,734,045
Pa-ssen^er mileage .. 225,130,883 247,147,117 235.105.053
Ri«e ^ pa-s-s. S mile
l-!)17ct«.
l-9(j:» cts.
2-lP9cts
Freight (tons) moved 11.895,238 13,610.623 16,21il,5ii8
Freight (tons) mil'ee 195438!>710 2306946832 249-<8S8976
Av.rate ^ tou i^ mUe
0-730 Ota.
0749 cts.
0-6H5 cU

1834-85.

14,959.970

23^1778927

hurnings —
$
$
$
$
4,384.510
4,632,229
4,675,872
3,9^6.793
Road, as compared with tliose Passenger
Freight
14,642,128 17,213,621 15,773.004 13,813,249
for 1884, show a decrease in gross earnings of .$3,138,530, a MaU,exi>r's,rent«,&c.
949,136
956,396
1,188.559
1,134,530
decrease in working expenses of |1,405,758 and a decrease in
Total gross carn'gs 19,975,774 22,802,246 21,637,435 13.934,572
net earnings of $733,763.
Opcratihg expense —
The gross earnings of the N. Y. P. & O. road accruing to the Mainteniueeof way. 1,995,368 2.720.174 2.602.368 2,369.045
N. Y. L. E. & W. under the lease viz., 68 per cent for the Maintenance of cars.
l,299,98i)
1,009.662
l.'/47,324
1.305,864
4,44t,908
4,74i),570
3,6.)9,o08
4,158,186
year were $3,444,116, and its entire working expenses were Motive power
5,832.!i79
Trau.S)i. expenses...
7,0.)n,155
6,421.979
5,961,475
$3,683,937, resulting in a loss in its operation of $339,830, as General expenses...
610,578
553,536
699,660
549.946

New York Pennsylvania & Ohio

—

—

against $270,281 for the previous year.
Of coal tonnage there was carried on the N. Y. L. E. & W.
6,137,243 tons, being 238,077 tons less than the preceding year,
but an increase in ton-miles of 29,090,498. The earnings per
ton per mile on this traffic were "589 cents, being a decrease
from the previous year of "085 cents. ^
The gross earnings from passenger traffic on the N. Y. L. E.
W. were $3,106 707, being a decrease of $593,183, as compired with the previous year, or 16*0I per rent.: but the number of ))assenger8 carried in ]8><5 was 5,899,757. us aaainat
5,385,669 in 1H"J4, or an increase of 9 55 per cent. The dvcreiise
in earnings was due to the decreased rates brouglit about by
the fierce competition for business and the demoralization of

&

« migrant rates.
No change has taken

place in the funded debt of the company since the last report, except that no interest upon the
second consolidated mortgage bonds has been paid during the
fiscal year and that amount has accumulated.

CAR TRUSTS.
" Under the original agreements governing the car trusts,
there was due and payable, during the present fis al year, on
account of principal and interest, the sum of $1,201,300. The
company, however, proposed to the holders of the various-car
trust securities that, instead of making the payments of principal as provided, it would make none on that account for the
year 1885, but would pay one per cnt each for 1886 and 1887,
two per cent each for 1888 and 1889, and thereafter not less

Total

Net earnings
P.o op.cxp.toearn'8

13,088,093 15,444,583 16,358,077
6.887,681
7,357,663
5,279.353
64-78
69-52
65-50

14,347,516
4,587,056
69 70

• In all the figures for 1833-'<4 the N. Y. Pa. & Ohio statistics are
included for the eitireye.ir, but in 1832-83 they were included tor llvo
onlv. wliicli accounts for theai)parent increase in business in
18-<3-s4. The llgui-es ot tr.llic do not im ludo co.il and oiher supples
for the u^e of the two co-Jipau'c-*.

months

Oregon KaiUvay *

N:iTi:ralion

Company.

(For tlie year enrliiig June 30, 1885.)
Mr. Elijah Smith, the President, says in the report, just
" There is a large decrease from the earnings
issued
of the previous year, due not only to the continued
:

depression in general business prevailing in all parts
of
country, and
which seriously impaired the
tlie
earnings of all transportation companies, but also to
special local causes which made the business prostration
more severe in the section of the country from which this
company derives its revenue." These causes, Mr. Smith says,
were the cessation of railroad building, the lower price for
wheat during the year than ever before known, ami the carrying over of stocks from 1883 by merchants in general causing
light shipments. The stock on hand has since been reduced
to such an extent as to warrant large orders to replenish, but
purchases are limited to small quantities, which "state of
affairs will probably continue until the coming crop hag been

THE CHRONICLE.

610

INCOME ACCOUNT.

larger purharvested and marketed, wliich will stimulate
and increase of business." * * *
chases
" A reduction of $1 per ton in the rate on wheat was raaae
farmers
September 1, 1884, on account of the low price the
were compelled to receire for that product.

"The operating expenses have been reduced $464,721, which
would have made a better showing of net earnings but for the

m

fighting the
extraordinary expenee of $180,005, incurred
snow-storm. The expenses have alsp been increased by the
default on the part ot the Oregon & California Railroad Company in the payment of its proportion of rental of the property
* * »
of the Northern Pacific Terminal Company.'
" It is however, gratifying to note that the results of the
month of June, the last month of the fiscal year, indicate that
* "
the situation has changed for the better."'
" An enormous crop of wheat tributary to the line already
busassured insures even a greater increase in the company's
for
iness for the coming year than is indicated by the returns
June, and the results of the next fiscal year must be very
satisfactory as compared with any of the previous years of the
road's history." * * *
.
.,
,
"The railroad is in good condition. Nineteen miles of steel
during the year, leaving lli miles to be laid to
rails were laid
make the main line and Baker City Branch all steel rail, of
which 24 miles must be laid at once." * » *
„
,
,
" On December 1, 1884, the Baker City Branch was finished
and connection made with the Oregon Short Line at Huntington, making for our company a second through line from the
Pacific Coast to the East; and while it will be the policy of
the O. R. N. Co. to preserve a strictly neutral basis between
the lines, with both of which it has traflic contracts, it must
derive great benefits in the way of increased business frorn
having two strong and powerful lines working for and with it."
The total number of passengers carried on the R. R. division
during the Tear was 123,100; the total number carried one
mile was 16,635,292; total tons of freight carried were 385,916; total number carried one mile was 74,142,473.
"The repairs on the Columbia & Palouse road mentioned in
last year's report were completed, and that line operated by
The Centreville branch,
this company, August 1, 1884.
between Pendleton and Centreville, was also turned over to
the operating department on the same day, and the construction department was abolished. The only lines of road now
contemplated— the work of which will be done by our operating department are the following: (1). The extension of the
Columbia & Palouse Ilailroad to Moscow, work on which will
be begun by August 18 and will te completed by October 1,
" (2).
branch f rom Starbuck to
1885, 28 miles." * * *"
Poraeroy and Pataha, about 31 miles, and (3), the Farmington
branch of the Columbia & Palouse RaUroad, running northerly from Colfax, about 25 miles." * * *
" The Legislature of Oregon repealed last winter its obstructive law relating to moitgages, thus making it possible
for this company to carry out its plan of making a consolidated mortgage, and of issuing five per cent bonds thereunder
to provide for the payment of the debentures and scrip certificates and the company's other requirements.
The necessary authority was given by vote of the stockholders at the
annual meeting in June, 1885, and the mortgage and bonds
we now being prepared. It will be necessary to negotiate a
Bufficient amount of these bonds to retire $600,000 of scrip
maturing November 1, 1885, and, if it can be done, $600,000 of
•crip maturing November 1, 1886, and also $1,000,000 of debenbentures, at present unsold, but which have been pledged
against the floating debt. As it was thought unwise to sell
any more seven per cent obUgations which would mature in
80 short a time, money has been borrowed on these debentures
at about four per cent per annum, pending the preparation
and sale of the consolidated mortgage bonds. It is expected
with the greatly increased earnings which are now assured,
that these bonds can be sold at a satisfactory price, and that
these results will be accomplished, leaving the company without floating debt."
The claim against Henry Villard has not been paid, and it
has not been possible to sell the property held as security at
any price which it was thought wise to accept.
Regarding the lease to the Northern and Union Pacific,
the report says : " Many obstacles and legal difficulties
have occurred in connection therewith, but it is hoped that
a lease or traffic contract can be devised which will be safe for
this company to adopt, and on terms that will be satisfactory
to the stockholders.'*^
Comparative stetistics for four years, compiled for the
Chro.nicle, have been as follows :
EABKINGS AND EXPENSES.
,

—

A

487
$

Pacaenger

I,084,5fi8

^elght

3,675.175
188,237

Mall, express, &c....

Total gross eam'gg
Operafg oxp.i taxes

Ket eandafl

•,....

1&82-83.

473
$
1,320.035
3,408,179
372.298

18=3-84.

399

1883-84
*
2.393,450
301,444

1,482,760
138,903

2,516,164

2,489.213

2,694,894

1,621,663

112,760
444,743
1,296,000

145.429
444,270
1,584,000

354.180
440,160
1,800.000

124,087
529,165
1,080,000

1882-83.

Rccei2>ts—

Netearaints
Other receiiits

of last winter, unequaled for twenty
the busiyears in duration and severity, practically destroyed
great loss
ness and earnings for two months, besides causmg a
The Manager
to the property and machinery of the company.
damages
estimates the loss of business, increased expenses, and
not less than
to property caused by the snow blockade at

1881-82.

180,72.>

2,394,046
95,167

1881-82.

"The snow-storm

„ , operated, miles
Koad
Eariungi—

[Vol. XLI.

1884-85.

657

1,533,307
3.406,713

1.039,941
2,528, 5:j;i

424,886

513,641

4,947.980
a,612,541

5.100,512
2,706,466

5,364.906
2,971,456

4,082,118
2,599,358

2,335,439

2.394,046

2,393,450

1,482,760

2,335.J39

Total income
FHsbursenicnts—
Eeiitals paid
Interest on debt
Diviiioiids
Rate of dividend.. .
Mis. and. sink, fund

(8)

a'a)

(9)

13,60J
1,867,10J
649,061

79,855

2,252,929
*226,284

Total dlsb'inents .
Balance, surplus . .

79,230

1884-85.

$

(*H!)

110.091

2,674,195
1,852,343
(20,699 Dcf.230,680

* Adding bonds retired by sinking fund during tlie year makes surplus
t Dednoting $Mi ,000 for depreoiatimi
$63,000 larger than hero given.
ot steamers leaves a deficit for the year of $70,300.
GENERAL BALANCE AT CLOSE OF KAOII IISCAL YEAR.

Assclfi

1881-82.

—

1883-84.

1892-83.

lus'noeA- reuewal
Other nceouuts

179 111
612,..'J53

210 801

22,547

76, 297

26,284,492

32,608,251

39.847,193

39,576,437

Bills i)ayable
Ins'nce & renewal td.
Vouc's A: pay-r'llSj&c
Miseellaueous

loss

26,'j84,492

liabilities..

1,028, 2:n

6,200,000 21.800,293 24,000,000 24,000,000
1,200,000
1,200.000
1,200,000
1 ,200,000
5,788,000 10,719,000 10,690,000
5,851,(J01)
275,070
274,200
19,179
373,198
358,95!*
305,352
301,650
378,990
397.287
454,127
909,560
181.444
268,932
173.303
843.299
657,708
863,893
057,160
26,000
26,000
47,738
33,670
1,460,2!)2
1,107,778
1,809,446
2,263,856

1

(see S[I1'1''m't)

and

4,141 !647

1,124,3.'.9

Acernel interest
Dividends
Book & sup'nd acc'ts
Bonds canceled

Total

314
518

215,865
2,386,457
17,976

f'd

Total assets
Liabihties —
Stock, common
Scrip cei'titleates

Pi'oflt

(2,495, 42-<

151,816
1,295,140
14,978

Miscellaneous

Bonds

1884-

$

23,166,451 28,163,723 31,050.722
CoUKtr'n and equip.
305,971
160,121
476,637
Real estate
518.732
Pow.K. & Pal. lands.
3.687,227
645.710
645,710
8fkii' b'ds.ow'd, cost
179,550
52,694
17.100
Bills reeciv.aWo
l,830,r'09
693.210
372,735
Materials, fuel, &c..
242,490
1,127,126
143,925
Cash on hand

32,608,251

39,847,193

39,576,437

East Tennessee Virginia & Georgia.
(For the year ending June 30, 1885.)
Mr. Henry Fink, the receiver, makes a report of the operations for the fiscal year ending June 30, 1885.
" The receiver's liabilities on the 30th day of June, 1885,
The liabilities do not
exceeded his resources by $53,841.
include $213,740, the interest due July Ist, 1885, on the company's divisional bonds. The company's liabilities other than
for matured interest on its bonded debt, as far as they have
been ascertained and audited, amounted June 30, 1885, to
$118,792. These liabilities were incurred mainly for labor,
materials and supplies necessary for the maintenance and operation of the road. The Court has as yet issued no order
authorizing the receiver to pay these claims against the com»
*
#
pany."

"On

the 3d day of March, 1885, the East Tennessee Virginia
Georgia Railroad Company entered into a contract with
Post, Martin & Co. for the consolidation of the three car trusts
(A, B & C) and the extension of certain payments on account
of car trust A. This contract having been submitted to the
Court, the receiver was authorized and directed during the

&

terjB of the receivership to make any and all payments coming
due under the lease warrants under said contract, and to do
each and everything in pursuance of said contract which the

A

table in the report gives all
company agrees to do.
the dates at which payments are to be made from April 1,
1894." * » *
1885, to October 1,
" On the 4th of June, 1885, the Memphis & Charleston Railroad company filed an original bill against the East Tennessee
Virginia & Georgia Railroad Company in the Chancery Court
at Memphis, praying for a cancellation of the lease of the
Memphis & Charleston Railroad to the East Tennessee Virginia
& Georgia Railroad Company." » * * "No step has been
taken since the filing of this bUl."
In the general balance sheet of June 80th, in addition to
the regular items of stock and bonds, are the following: Car
trust certificates, $2,186,392; less interest not yet due, $683,136;
Interest due July 1, 1885, unpaid,
balance, $1, .503,256.
railroad

i?!, 098,465.

,,

The following
for the

statistics for

two years have been compiled

Chronicle:
OPEEATIONS AND FISCAL RESITLTS.
1883-84.
1,098

1884-85.
1,098

971,814
39,449.294

899,341
42.708,085
2 52 cts.
1,.163,382
223,520,335

Total miles operated

Operations—
Passengers carried
Passenger mileage
Kate per passenger per mile
I'retght (tons)
KrelKht (tons)

moved

1,518,966
206,»06,303

mileage

Average rate per ton per mile
Earnings —
Passenger

&e

Total gross earnings
Operating expenses

—

\t.iintenance of way,
Maintenance of cars

ifec

Transportation expenses
Motive power
Ueneral
Total

t

1'37 cts.

'

1-19

Ota.

.-...

$1,097,287
2,844,095
231,881

$1,079,991
2,667,816
273.860

$4,173,263

I'reight

Mail, express,

2-78 cts.

$4,021,567

$554,046
178,194
811,999
733,238
195,861

$615,515
177,923
869,941
895,602
174,243

$2,473,338

$2,733,224

NOVEMBKB

THE CHRONICLE.

88, 1885. J

.

fl.JSH :M3
07'i'0
Hu-l-S.-J.
ii<i.'.'m.:M»

1,402.90.^

rti'lit

l.lil-i.fl.M

4il.«l7

<m
uu

liil,i.»t
lniii(--t

lA7.7ftl

tl'j.'il.l

blllH iittvnble

Tttxi»

"$l,ift?,0l2

Total
flnlaneo

fl.dTf.'ilH

217.313

dcf. ai)'.'J75

siir.

Memphis &

Cliarle8ton.

(For the year ending June 83, 188.5.)
The report of Mr. Siimiiel Thomas, President, is

liiiiitrd to
coiniuont-j upon the oi>eritiona of ihe year, and siiys nothing
Ho remarks: " Nolwithstandinx thu j;ieal
of the (inancea.
doprtssion of tlie business interests of the country during the
year 1SSI-H5, the company's earnings show a decrease of only
^9,111. c(iual to aliout six-tenths pjr cent as compared with
The expenses show
tlie gi o^s earnings of tlie preceding year.
a large inorease, mainly in maintenance of way and in conIt was necessary to put a large
ducting transiwrtation.
niiiiil>ir of cross-ties in the tracU to make up for deftciencies in
prirriling years when the company ould not fully supply ita
»
waiiUs. Theiacreaseiu this item of expense was !f-tl, 704. * *
" The war of rates which broke out between the so-calldd
Western lines last November continued until February, and
it not only caused your company a considerable loss of revenue,

but it also increased the expenses of conducting transportation
because of the freight blooka'ies induct-d by low rates and the
unfavorable conditions under which the business had to be
handled. Your company's revenue sulTered a further decrease

war of rates that was made by
Nashville Railroad in connection with the
Georgia Air Line.
Lines, upon the Virginia Tennessee

from the

entirely unjustiliable

&

the Louisville

Trunk

&

This wius commenced February
July 10, 1885."

10, 1885,

and continued

i'W
1831-35.
"

i

1983-84.

Passcnwrs

330

330

379,063

H60,9J2

17,364,7.55

17,l»6,0i>l

333,458
51,920,335

378,811
68,202,228

mil^.

carried

Pa8«ei)f,'i'rs I'lirrioil

one mile

Freight (lous) carried
Frelxlit (toiin) curried one mile

EABNIMOS AND EXPENSES.

476,1.')8

1884-85'
fSlii,834
4.5J,230

19,495
29,012
2^,3l2

17,663
41,834
24,344

$1,394,019

$1,334,905

Earning*—

1883-84.

Freight
Pas.'cnKera
Expre.'w
United States mail

f844.041

MJaceUiineoiis

Total

$350,608

coupons pureliased by

New York

office

now

In

coupons
845,535
Coupons unpaid (iucUidlng couiwns due July 1, 1885
Bills payable
Pay-roil for June. 1885, and unpaid vouchers
Unpaid on pay-rolls previous to June, 1885
their hands, including .Fuly, 1885,

and oorporationa

New York oilioe coupou account
Less New York offlce general account

$5,073
7:48,814

64,596

400
9.046
3,122

l>ue to railroads

317;000

299,820— 17,179

Cheshire Railroad.
(For the year ending Sept. 30, 1885.)
statistics are from the reports to the Massachusetts State Commissioners
QKNEBAL EXmBIT.

The following

:

1885.

accrued

I.

.[jcH

iSiiri.l i^

declared, 3 per cent

1S;I,775

67,44ti
48.1.00
63,0ii0

Rent:il..<

$'i86,6>>5
40."i,»09

2l3,8.")6

Not income

1884.

$581,203
847.317

Total Income
Total expense

I)!Vi.

63,000

.'S7,6>J8

18,000

65,590

for tiic year

1J,109
20,180

$176,082

$177,8.56

l.'i.llO

Balance Sept. 30
ANALYSIS.
Knr7i"!;TspnaReDgcr department
;^:s

1

1

;

freight

;r.in

department

3.l(),;8i

543,6(^4

0B'!i.r>37

17,539

OH1..1 income
Operating expenses
Taxes

367,.->81

17,790

portation earuingj

18,017
336.634
19,274

4.930,153

4,908,226

169,092

lt)1.373

329,5.56

TRAFFIC FIOURES.
Passenger mileage
Passengers carried,
Freight mileige

Tons

of Ireight oarrteU

York,"

At a meeting of the Rapid Transit Company seven directors
were elected in the interest of the Baltimore & Ohio Railroad:
Thomas M. King and E. J. D. Cross, of Baltimore, and E. A.
Leslie, Charles P. Craig, A. C. Rose, D. H. Bates, and C. H.
Sedgwick, of New York. The six directors who retain their
J. Frank Simmons, A.
Elaces are:Holton Wood, Ex Norton,B. Boardman, JamesItH,
an i I. K. Martin.
is
•avis, H,
understood that the Baltimore & Ohio buys the control of the
of the principal and interest of the
stock with a guarantee
bonds of the Staten Island Company.
Boston

& Albany.—A

bill in

equity has been filed in Boston

$3,3.58,000 in 5

21I8.41H

$1,116,642
$958,108
$263,263
$135,911
Ketearnings
No income account for the year is presented; the balance
sheet has the following items on the side of liabilities in addition to the bonds and stock, viz.
Coupiius ti'-Bt mortgage bondx
$94,153
Coupons Hr.^t and second mortgage bonds extended. 142,765
93.100
Coupous tlrst and .second mortgage Tenn. Dly. bonds
323.050
Coupons consolidated mort^fage bonds
197,540
Coupons second mortgage bonds

Iiitcn.<t

;

62,2.'i8

72,966
240,943
e»,911
46,906

Total

inniridu.tls, agents

&

Supreme Judicial Court by the Commonwealth, against the Boston & Albany Railroad corporation.
On April 1, 1882, the Commonwealth assigned to the corporation the 24,115 shares owned by the State at the rate of |160 a
share, lor which the company returned $400 in money and

$377,738
247,6U0
71,182

22-',6S9

^

Due to

—

—

5y,3p8

$299,691

*

General expenses

liBBS

:

in the Clerk's office of the

Oneratim expenses—
ConduetiuK transportation
Motive, power
Mainteuanic olcars
Maintenance "f way
Taxes

BiiUlmnre & Ohio.— On Novembar 23 it w.w anni" "'•..!! in
the newspapers that thlH ooiiipany had male coitr
,1
the Staten Island Uipid Triinsit (;>. for the use of ii
line, and its terminal facilities at New lirighton.
liv tltw
arrangement they would pnxnire an entrance into New Vork,
by availing themaelves of the exlennive water front on Htatcn
Island, owned by the Rapid Transit Itailroad, which also po«aesses viiluablo friinchLses from the City of New York of two
ferries from the IJ.iltery, at the foot of the elevate'l railway system, to Staten Island. The distance Ixftwonn the
Uattery and this ^wint, which is known aa St. (Jeorge, ia
leiH in time than fifteen mtniiteH.
The diatamuj from St.
(leorge. the landing on Staten Island, to Ellzalicth is about
four miles. Il^re the Kill is said to \hi only 000 feet in width,
across which a drawbridge is to be built to the ./orsey shore.
Froai this point to Bound Brook the distance ia alx^ut 18!^
miles, and the Baltimore & Ohio has a contract witli the Phila.
& Heading as far as Bound Brook. Mr. Erastaa Wiman, who
has been the most prominent figure in the R-ipid Transit Company, said to a rrife'ine representative "The terms of the
o mtract require an equal division of the earnings, the through
traftii being guaranteed to yield as much profit as the local
The impending revolution in communication promises
traffic.
to make the lacal trafUs very profitable, and t!io Staten I-tland
people were reluctant to part with it already in their possession unless they were assured of an equal return by a trunkline connection.
Hence the guarantee that the freight and
passenger trailic from Elizabeth shall yield as good a return
as that direct from Staten Island. The Staten Island company
issue two and one-half millions of bonds at 5 per cent to run
forty years, the principal and interest of which are to be guarOhio, and the proceeds to be exanteed by the Baltimore
pended entirely for paying for the two miles of water-front
already acquired for the completion of the railroad as originally Contemplated for the erection of wharves and coal
piers, tlie construction of new boats and all other things necessary for a first-class terminal railroad in the harbor of New
;

until
;

OPERiTIONS.
Ecail oiiorntPd June 30

GENERAL INVESTMENT NEWS.

18M-SS.

1883 84.
»t.6u0.tt2B
NetenrnliifW
60'26
Pcroeiit of oiiera. oxpeiuoK tooarnlDRn..
IM^iiMK ACCOUNT.
1883-8I.
l;,,.i,,lt$t,on.'.it2.-i
N,!
niiliiKR

611

27,541.921 28,970.669
023.583
501,320

twenty years.

per cent bonds of the corporation, payable ia
bill says that on September 27, 1883, the

The

corporation voted by its directors to distribute among its private shareholders 17,588 shares of the capital stock received
from the Commonwealth. Tne plaintiff asks that tlie certificates of stock of 17,588 shares shall be declared void, and that
the corporation be enjoined from paying dividends on the
stock so distributed. An order of notice has been issued.

—

Central of Iowa. Within thirty days this road will comElete its new iron bridge over the Mississippi River at Keithsurg, connecting the Eastern and Illinois divisions of the railway. About the same time the connection to St. Paul will also
be completed, and it is said that the new line from St. Paul to
New York, via the Central Iowa, will be 104 miles longer than
the shortest line now construct"!! between these points. But
the detentions usual in passing through Chicago will be
avoided, which will be an inducemen to ship freight by this
route.
At Mason City, Iowa, Judge Ruddick has made a decision
affecting the Central Iowa and the Burlington Cedar Rapids
Northern. The case was the application of the State of Iowa
for a writ compelling the Central Iowa to operate its own road
and run its own trains from Manly Junction to Northwood.
Judge Ruddicks'
It has been in litigation for some years.
decision sustains the course pursued by the railroad commission, declares void the lease to the Burlington Cedar Rapids
Northern, and commands the Central Iowa to operate its own
track between the points mentioned.

—

&

&

Chicago & Atlantic—It is reported that there is a movement among the bondholders to foreclose the first mortgage
on this road, and that as soon as a sufficient number of signatures are secured proceedings will be begun. The interest has
been in default since November, \S8i.— Railroad Gazette,
East Tennessee Tirsinia

& Georgia.—The gross and

earnings by months are as follows
.

.

Ifei Earnings.
1835.
1884.

,

$90,161
121,697
159,201
19 1.708

$131,328
133.345
162,534
200,905

4 montUa. $1,371,451 $1,419,033

$564,767

$628,112

AuKUSt
September
Total,

—

Gross Earnings.
1381.
188.5.

net

$298,821
328,496
379,421
412,289

July

Uctobcr

:

$27H.037
312,723
369,311
411,350

THE CHRONICLE.

(U2

Fort Worth & DenTcr City.— Earnings for October, and
were as follows:

for the fiscal year,

to

1884-8i.

$419,538

$477,486
2o6,4b3

:!49,'!96

$221,003
$T99i842
$24,713
Illinois Central.— For the §1,500,000 Illinois Central 4 per
cent first mortgage gold bonds of 1951, bids were received
from sixteen firms, all of which, with one exception, were
above par. The bonds were awarded in block to Messrs. VerCo. The total amount bid for was $14,500,000.
milye
Lake Shore & Michigan Sontheru.—The report of earnings of the Lake Shore road for the third quarter and the lirst
nine months of 1885 and 1884 is herewith given
JULY 1 TO BEl'TEMBEU 30.
Dec.
1884
1885.
$63,903
$3,877,301
Gross earniugs
$3.7il'2?2
13,791
2,i21,916
2,208,1 ia
Operating expenses

&

$1,519,:!53
1,019.008

$50,117

$4i0,345
$383,20?
JANDART"1 TO SEl'TEMllER 30.

$37,137

Ket earnings
and rentals

Surplus

.

$1,469,236
1.08H,028

1881.

1885.

$10,162,564
6,595,906

Gross earnings
Operating expenses

Not earnings
Interest, taxes

12,980

and rentals

$10,963,668 Dec. $801,104
143,334
6,452.572 ^ Inc.

$>,566,65S
3.259,35K

$1,511,096 Dec. $344,438
62.533
3,196.826 Inc.

$1,314,270 Dec. $1,006,971
$07,299
In 1884, in addition to net earnings, $36,854 wa? received
from other sources, making the total net for the nine months
Dividends of $1,731,327 were paid, making a total
$4,.'J89,S87.
deduction from net earnings of $4,900,193, leaving a deficit of
SiirpUn

$317,057.

& St. Lonis.—The Mercantile Trust
of New York and Noble C. Bucler, trustees for the
holders of first and second mortgage bonds of this railroad,
filed a bill in the Federal Court at Indianapolis, Nov. 16, asking a decree of foreclosure and order of sale. The bill recites
that in June. 1881, the company issued 30,000 forty-year bonds
for $1,000 each, and in March, 1883, after the purchase of the
Eastern Railway, 1,000 more bonds for
Evarsville Eockport
$1,000 each were issued to raise means for construction and
maintenance. It is claimed that these are first and second
liens respectively on all the property of the company, as against
the claims of It^aac T. Burr, Henry Eeis and Robert A. Watts.
Reis claims a $900,000 mortgage on the Evansville Rockport
Eastern road, and Watts a mortgage on the whole line fo
$300,000.
Mempliiii & Charleston.—The gross and net earnings for
Louisville Evansville

Company

&

&

October and for four months from July
October.

.

1S85.

Gross earnings
$133,795
Operating expeijses....
84,08^

Net earnings....

.

$49,707

1881.

$126,215
83,735
$37,510

1
,

have been
.

Juli/ 1 to

1885.
$'18, 6^0

—

Oct. 31.
18t<4.

294,159

$456,763
314,9S8

$124,471

$141,775

Mexican National. — At a meeting of bondholders of the
Mexican National Railway Company, held in London on
the 5th instant, Mr. Joseph Price, who occupied the chair,
Baid that as to the future the problem to solve was the
completion of the intervening gap. He had that morning
received a letter from an engineer who had had a great
deal of experience in Mexico, and he had also, since the
last mreting, had an interview with another engineer,
who had built a portion of the railway. The exact distance to
be completed was 363 miles, with 5 per cent for sidings, and
it was estimated that the whole work could be completed for
$5,000,000. Of courae there would bo an amount necessary to
remove the floating debt and to provide rolling stock. It
seemed, Mr. Price said, to be the opinion of all who knew anything about Mexico that the Mexican National Railway passed
through a much better country than the others: and if the
Mexican Central line could eain $3,000 per mile, the Mexican
National ought, he considered, to earn $5,000 per mile. That
being the case, and with such wealthy persons in the concern,
it seemed to him that it would be very easy to raise $5,000,000
or $7,000,000 to make their capital available. He concluded
by proposing a resolution appointing the following committee
to represent the bondholders, with power to add to their number: Messrs. Thomas Collier, R. Fleming, W. Grantham, M. P.,
E. Gray (Vivian, Gray & Co.), L. Messel, C. Pothonier, A. G.
Eensljaw, E. Wagg and J. Price (as repiveenling the as ociation).
short discussion fullowed, and the resolution was
passed unanimously, with the addition of the word^ "in consultation with Slessrs. Matheson & Co." The chairman, in
answer to Mr. Fleming, said they would be very happy to add
the name of Mr. DiUwyn Parrish to the committee.—iV; Y,

A

Herald, Nov.

—The

20.

American

.

1884.

$225,878
123,857

$212,459
127,862

$97,021

Gross earnings
Operating expenses

$84,597

Netcarnings

New York

—

-JutyXto

Cet.

31.

—

1884.

1S85.
$Gvl0.673

479.855

$646,1158
60ii,137

$140,818

$139,921

& Hudson— New York West Shore &

Central

Bufl'alo. At Syracuse, N. Y., on Nov. 21, Judge Kennedy, of
the Supreme Court, granted an injunction prohibiting the
New York Central & Hudson River Railroad Company from
guaranteeing $50,000,000 of the new West Shore bonds. The
plaintiffs in the suit are Elizabeth B. Gere, Marshall R. Dyer,
Joseph Falter and August Falker. Altogether they represent
339 shares of New York Central stock, of which Elizabeth B.
Gere holds 269 shares, Joseph Falker & Son 50 shares, and Mr.
Dyer 10 shares. The complaint recites the terms of the DrexelMorgan plan for the practical consolidation of the New
York Central and West Shore roads, and asks that the operation
of the plan be estopped in the interests of all the stockholders
of the New York Central road. The plaintiffs allege that
" the threatened action of such defendants " is beyond the
authority conferred by the charter of the defendant corporation or the laws under which said company was or(<anized.
It is also urged that, as the New York Central and West
Shore roads run on parallel and competing lines, they cannot,
under the law, be merged or consolidated. Attention is called
to the fact that the West Shore Company propo-es to execute
a lease of its property and franchises to the New York Central
for 475 years.
The plaintiffs maintain that such a lease would
be illegal for the reason that the New York West Shore
Buffalo Company, is by the terms of its charter organized for
the period of 100 years only. In granting the temporary
injunction. Justice Kennedy ordered that the defendants
show cause in Syracuse on Nov. 28, at 10 a. m., why the injunction should not be continued.

&

—

New York Lake Erie & Western. The negotiation for the
funding of coupons on the second mortgage bonds and payment of the floating debt were mentioned in the Chronicle
Tiie circular of Messrs. Drexel, Morgan & Co.
last week.
will be found to-day in the advertising columns.
New York & New England. —The

final

regular meeting

&

New England Railroad
of the directors of the New York
prior to the annual meeting of the stockholders was held this
week in Boston. All the nineteen directors were present excepting Dr. Webb of New York. Inspectors of election were
chosen and an auiitor appointed to examine the receiver's acrough draft of the tenth annual report was read
counts.
and accepted.
vote was passed authorizing the President
to appear before the court and represent the company when
the petition was entered to have the receiver discharged, and
to assent to any disposition of the property that should be
necessary in transferring the road to the stockholders. It was
voted to hold a special meeting ftn Tuejlay, D'c. 1. Nothing
was said at the meeting as to the recent sale of the State's 3d
mortgage bonds, and the rejection of . the bid of Jlessra.
Brewster, Cobb
Estabrook, representing Messrs. Field,
Sage and others of N. Y., at 95I3. in favor of the bid of F. L.
Higginson at 90, with an agreement to take 33 per cent of the
amount, $1,843,000, in new preferred stock at par. Governor
Robinson has stated, on this point, that he considered Messrs.
Sage and Field as opposed to the best interests of the road; and
that he and the council were of one mind that they ought not
" Had there been no other alternative,
to accept their bid.
the bonds would have been kept unsold in the treasury."

A

A

&

New York West Shore & Buffalo.— At Newburg, N. Y.,
Nov. 34, this property was sold in foreclosure. No bid for less
than $23,000,000 could be accepted, and of the purchase money
$750,000 was required to be paid on the day of sale. Another
condition of the sale was that it should be subject to the claim
of the receivers for greater compensation than the $40,000
allowed each of them, as the matter should finally be decided
by the court. Mr. J. Pierpont Morgan bid $33,000,000, the
amount of the upset price, and no other bid being made the
property was knocked down to him at that price. He announced that he had bought the road on behalf of J. Pierpont
Morgan, Chaunoey M. Depew and Ashbel Green. The $750,000
required was paid by them to the referee in the shape of a
certificate of deposit upon the Union Trust Company of New
York.
Northern Central.
ber and from January
.

— Tne
1,

ea'nings and expenses for Octo-

in 1884

and

October.

1885.

have been
^10 mos. ended

1885,
,

1884.

:

1885.

Gross earnings
Operating expenses.

$534,010
289,884

$519,791 $1,499,628
279,009
2,693,502

Net earnings..

$244,126

$240,785

holders

of over $9,000,000 M?xican
National Itailway bonds have appointed, with Mr. Spencer
Trask as Chairman, Messrs. Selah Chamberlain, Cleveland,
O., George Burnham, of
Baldwin Locomotive Works,
Philadelphia, John De Ruyter, Henry Amy,
E.
Dodge Stokes, Charles J. Cauda, and Samuel B. Parsons, all
of New York, a committee to represent their interests in the
reorganization, and also in the proposed completion of the
unfinished gap in the line from Texas to the City of Mexico,
and liave issued a circular asking all bondholders to join the n
and to be represented by said cjmmittee. The Secretary is
Mr. W. W. NeviD, 33 Nassau Street.

.

1R85.

$23,653

Netearnlniis

Interest, taxes

:

Oclubcr.

.

1883-S4.

$39,867
lo,lo4

$43,793
80,140

—

Mobile & Ohio. The gross and net earnings for October
and from July 1 to Oct. 31 have been

Oel.Si.—

1884.

18?5.

Gross parnlngs
Operating expenses

^Xo<!.\

October.

,

[Vol. XIJ.

$1,806,125

Oct.

31.—

1884.
$l,6i)4,803

2,831,036

$1,770,766

Northern Paciflc— The gross and net earnings thus far in
the fiscal years 1884-85 and 1885-86, by months, are as follows:

Wm.

July

August
September
October
Total 4 months.

Land
amount

Gross Earnings.
1885.
1884.
$1,000,011
$1,022,438
971,289
1,1132,602
1,224,955
l,23U,5riO
1,522,285
1,461,511

-Vc( Earnings.

1835.

18S4.

$519,411
506,708
692,059
868,614

$493,393
489,997
616,419
824,716

$4,718,540
$1,753,111
$2,616.8 J5 $2,454,555
for the same period in 1885, 166,130 acres;
of sales, including town lots, $663,567.
sales

November

THE CHROMICLE

28, 1885.J

Oiitnrlii * West Nlioro Tcrmlaal Compnnj'.— A innjorlty
of the loiulora ujioii the bond!* i>f the Onlurlu
VVc^t ishoro

Drexel,

i-(iiii|):init>8

Morgan

&

&

;

On'ffoii Riiihvny & NnvljfiUIon.— The company has sold
anotluT 11.000,000 of Iwnds to Messrs. Chase & Hi>,'){inHon of
New York, who bought the previous $1,500,000. The price
paid for the Qrst lot was 95 and interest, less a commission.
The price of the second lot was not a great deal below par
net.
The company will probably sell no more for tlie present.
It h.is taken up the scrip due this month, and also has taken
up, or is prejiared to, the loan on debentures. The outt>tanding delwntures will all have matured by April, 1887, and will
be paid with proceeds from the sale of consolidated 5s, or bis
converted into 58. The order has lieen issued to build the
Farniington extension of the Palouse division from Colfax to
Farniington, So miles, but nothing may be done upon it until
sprini;.
Navigation was fortunate in buying its next season's
stei'I rails at |31 per ton.
They will be shipped around Cape
Horn. Boston Herald.
Pen.sacola & Atlantic— The Pensacola & Atlantic Railroad
Co. has just received from the State of Florida an .additional
1,000,000 acres of land lying east and west in the latitude of
Palatka.
These lands are estimated to be worth |3 50 per
acre.
It Ls expected that anotlier 1,000,000 acres will be received soon, making a total land grant of 4,000,000 acres.—

Jones tt- Co.
Pennsylvania Kallroail.— The gross and net earnin2;s in
October, and for ten months, are specially compiled for
Do)j',

the CiinoxiCLE in the tablas below.
In October, 1885, there
was a decroise of .$S8.y7iJ in gross earnings and an mcrease
of $13,111 in net, and for the ten months a decrease of
$3,249,811 in gross and |3,ii08,178 in net compared with 1884.
On the lines west of Pittsburg the net returns show a decrease
of $38,892 in October, 188.5, compared with October, 1884,
and a decrease of $677,387 for the ten months in 1885.
LINKS EAST OF PITTSBUKO AND ERIK.

—

Jan.

1 to

Jtmt

Orogs Earnings.-1895.
ias4.
$23,333,249
3,68.'5,105
3,989,0S5
3.95(j.30S
4,017.894
4.276,623
4.458,S7l
4,359.174
4,447,547

30. $21.319,.'593

July
Aujtiist

September
October

-Set Earnini/n.
1885.
1884.
if(>,,'>19.8o9

1,160.019
1,019.012
1, 892.051
1,938,813

,

$8,112,242
l,3i)l,ll6

2,151.507

Total 10 moa...Def.$l,195,323

—

Def. $.i]8,036

1.925,702

Dec. $677,287

Scioto Valley. In the suit against this company the motion
of Mr. C. P. Huntington to have the case remanded to the
Scioto County Court has been granted. This is a matter of
practice and does not affect the merits of the case an appeal
from the order has been taken.
Stock Exchange— New, Securities. The Governors of the
Stock Exchange have admitted the following to dealings
New York Lake Ekie & Western.—Second consol. 6s ex
coupon of June 1, 1^86, in accordance with the scheme en;

—

:

tru.sted to Messrs. Dre.xel,

Norfolk

Morgan

—

&

&

Co.

Wester.v. Adjustment mortgage bonds, dated
Oct. 29, 1884, due Dec. 1. 1924, redeemable at 110 after 1894;
interest 7 per cent., payable quarterly; $1,.500,000 in amount.
Improvement and extension tonds, dated Dec., 1883, due Feb.,
1934; interest 6 per cent; amount listed, $1,605,000.
Wabash St. Louis & Pacifc (Iowa Division).— Bonds secured l>y first mortgage on the Missouri Iowa & Nebraska
Railroad Company, upon which default has been made since
Sept. 1, 1881, or trust receipts representing the bonds deposited
with tlie Metroix)litan Trust Company under bondholders'
agreement both amounting to $2,369,000, in lieu of what
heretofore were called ''Wabash, Iowa Division 6s." Bonds
to the amount of $1,180,000 had been deposited up to Nov, 13.
St. Joseph & Ura.\d Island Railroad Company.- P'irst
sixes due July 1, 1925: interest guar, by Union Pacific Railroad, $7,000,00''; second mortgage income bonds, due July,

—

1925, 5s (if earned), $1,680,000.
St. Louis
San Francisco Railway Company.—
additional $1,4.54.300 of the common stock.
St. Louis
Pacific Railway Company. —Mercantile Trust Company's receipts to the amount of $16,000,000,
issued for general mortgage 6 per cent bonds.

&

Wabash

An

&

Pine Creek Railway.— First 6s, due 1933, $3,500,000; prinand interest guar, by the Central & Hudson, the Pniladelphia & Reading and the Corning Cowanesque & Antrim
railroads.

COMMERCIAL EPITOME.
Friday Niout, Nov.

27, 1886.

The interTentlon

of a oloseholiday— Thanksgiving— and the
termination of the season for autumn trade, leaves the current

week wifhout significant feature in respojt to trade matter*.
The death of Thomas A. Hendricks, Yice- President of th«
United States, haa caused deep regret, and expreesions everywhere of respect for his eminent abilities, his public and
private virtues. The event haa also caused some little uneasiness arising from the fact that any untoward occurrence
to Mr. Cleveland, the chief execuiive, would leave the Federal
government without legiil head— a sUte of sff.ira which,
however, will probably be speedily remedied on the meeting
of Congress on the 7th of December.
Lard for future delivery wasquite buoyant early in the week
but in the course of Wednesday and to-day there waa a sharp
decline, with speculative confidence greatly abated. The cloae
this afternoon was at 6430. for Dec, 6-50c. for J.in., <l-.59c. for

M irch. Spot lard was dull and has materially
and closes at 6'3o@6-30o. for primi city, 6-4O@0"42>ic.
for prime Western and 6-70o. for refined for the Continent.
Pork closes easier at $10@$10 25 for mess, $8@$3 .50 for extra
prime and $12@$13 50 for clear.
Cut meats have been
generally dull, but at some further decline there was more
Feb. and O-OOc. for

declined,

doing

pickled

in

bellies,

closing

at

5i^c.,

with

pickled

hams 8@8}^c. and shoulders 4%@5o. Smoked hams quoted
at 9i^@10c. and smoked shoulders 5;!^c.
Beef is steady at
$10 for extra mess per bbl. and $I7@$20 for India mess per
Beef hams are firm at $16 50 per bbl. Tallow is easier
at 4?^@4^o. Stearine is firm at 7c. Butter is steadier at
18(g28c. for creamery. Cheese has favored buyers, but closes
with a good inquiry at 6@9i^c. for State factory. The number
of swine slaughtered at Western towns from Nov. 1 to Nov.
toe.

24

was

940,447,

against 566,034 for the corresponding period

The following is a comparative summary
gate exports from October 28 to November 21
last year.

of aggre-

:

l,'-87,.'?93

Total 10 mo8... $37,590,806 $40,846.64(5 $13,159,784 $15,467,962
As to the lines west of Pittsburg and Erie, the monthly
reports issued in 1884 and for the current year show the results
below. The company's returns, however, state a loss for the
ten months in the present year, compared with the year
1884, of $676,297.
LINES WEST OP PITTSBCRO A ERIE.
Net Surplus over alt Liabititles,
1885.
1884.
Jan.l toJuneSO.. Def. $886,008
Def. $724,490
Dbo. $161,318
July
Def.
127,037
Deo. 13i>,805
3.163
August
Kef, 173,609
18.934
Dec. 1 92,633
Bcptember
Def. 100,801
52,813
Dec. 153,419
October
92,595
131,487
Dec.
38,892

cipal

%i.im

4^he vLoiiimcrUiii

&

have entered into an aKreeinont with
Co. to surrender their bonds for Wust Sliore
certirtciites,
ifoat of the $8,87"), 000 have been dp|H)Hit««l. For
eucli )f 1,000 the lenders receive a ii«300 certiflcntu and 2 |)er
cent ill ciush iis interest for
months ending l»if. ;U next.
The bonds had been iis.>d lis collatonil at 00. This tra^iction
will pr.iotieally consolid ite tlm terninial property ^mh the
West .Shore and relefise the Ontario
Weatern Company from
its guarantee on the terminal bonds
but it will still retain the
use of the torniinals.
teriniiiiil

(518

Pork

lbs.

1884.
2,738,200

1885.
3,52i»,8O0

Inc.

791 .60O

Bacon
...lbs. 25,287,706
29,113.988
Inc.
.".856,222
Lard
Ibs.
16,718,803
22,363,800
Inc.
5,613,003
Rio coffee on the spot has ruled dull and nearly nominal at
8J^c for fair cargoes, but the decline in options is followed by
much speculative activity, and the close this afternoon is witll
sellers at 6-50c. for December, 660c, for February, 6'70c. for
April and 6-85c, for June. Mild coffees are very dull. Raw
sugars have been only moderate, but prices are rather firmer
at 5 5-16@5j80. for fair refining, and crushed refined is quoted
at 71^0. Molasses has remained quiet.
Teas show some depression for Japans, but fine Formosas are dearer.
Kentucky tobacco has been fairly active, the sales for the
week aggregating 600 hhds., of which 450 were for export.
Prices are fully sustained at 0@8c. forlu^^s and 8}^.gl2c. for
leaf.
Seed leaf has also had a very fair sale, the transactions
for the week aggregating 1,610 cases as follows: 400 cases
1884 crop, Wisconsin Havana, private terms; 360 cases 1884
crop, Pennsylvania Havana, 4@ 15c. 150 cases 1884 crop, Pennsylvania seed leaf, private terms: 300 cases 1883 crop, Pennsylvania seed leaf, 9.913; 200 cases 18:Jl crop, Pennsylvania
seed leaf, 7@12o.; 150 cases 1884 crop. New England Hivana,
13@35c, and 150 cases sundries, 5^300.; also, 400 bales
Havana, 60@$1 10, and 200 bales Sumatra, $1 30@$1 60.
There has been great i-peculation and wide fiuctuations in
decline of 10c. per
prices for crude petroleum certificates.
The price fell
bbl. on Monday caused a number of failures.
below 90c. To-day a variable market closed easier at 93^8®
933^c., a dechne of llj^c. from the close last Friday; ciuUe in
;

A

quoted at 7@73^^c. refined in bbls. at S's^. and in cases
10%c. naphtha. T%c. The speculation in spirits turpentine has been dull at drooping values, and the close is at 37).40.
with sellers at 37c. for December and 38c. for January. Rosins have remained dull at $1 03>^@$1 10 for common to good
bbls.

^li'ti

;

;

strained.

The speculation in pig iron certificates has materially dimini!<hed, and the close is quiet at $16 75@$17 25, a material
decline. Tin irregular; spot offered at 21c., futures 20}^@
Ten tons January and ten tons Feb20'6-5c., closing easy.
ruary sold at 20'65c. Tin plate neglectci. Copper firm at
10-95@llJ^c. for Lake, 10@10)iC. for Baltimore, 9-80(alOc. for
Spelter
Orford. Lead strong at 4-30(a4-45c. for domestic.
easier at 4-35(S45^c. for domestic.
Qrain shipments have' been quite moderate; yet room is not
Petroleum charters have been
plenty, and rates close steidy.
brisk at Is. 10J^d.@23. l>^d. for refined to leading British and
German ports.

CHEONICLK

IITHE

614

COTTON.
November

Friday, P. M.,

as indicated

The Movement of isj^Ckop.

Beeeipttat—

by our telegram b

On Shipboard,

CoastOther
France. Foreign' wise.
Britain.

Great

ToUU.

SaTannab

39,486

None.
None.

177.491
23,975
73 105
81.677
49.176
33,459
146,386
42,287

19,515

226,182

627,556

161,713 137,017 1102,052 19,772
23,144 10.436
113,391 +8,887

321,154
197,853

582.,508

32,211
None.
None.
None.
2,4&9

None.
None.

1,343
2,800
2,000

109,916

35,030

63,701

Galveston
Norfolk

14,981 18,302
272 1,496
636
2,802
B,165 4,543 4,915

MobUe
Florida
Bavannali

750

7,060

6,460

5,519

94,804
9,366
2,902
33,692

7i0

9,431

9.589 18,195 24,006
915
3,738 2,310

.. ....

BrunBW'k, &o.
3,591

1,637

651

851

452

Norfolk

8,079

4,775

5,385

961

126

28:

800

3,038

Boston
Baltimore
61

Flilladelp'a, &a.

676
150

30

160

199

.
.

i

I

7n9,640

22,327

608

WestPoint.&o

Hew York

3,500

258

835

Pt. Koyal, &o.

Wilmington
Horeh'd C.,<&0

Total 1885.

330

300
1,000
2,100
10,003
2,330

The speculation in cotton for future delivery at this market
792
792
the past week has not been active, but prices for some days
4,335
430 1,113
267
267 slowly gained strength. The advices from Liverpool and Man4,402 33,241
5,981
more satisfactory, and the receipts at the ports
13,649 13.649 chester were

3,488

3,585

4,619

CDiarleaton

3,526

Other ports

fotal 1884
rotal 1883

3,782

27,379
None.
16,000
10,8C0
4,379

New York

Orleang...

Stock.

Toua.

106.222
1,800
18,500
21,100
42,085
20,425
6.750
8,000

42,S50
4.500
2.500
8,500
25,214
16,752
3,600
6,000

NewOrleans...
Mobile

6,139

not cleared—for

Leaving

Nov. gl, AT-

Obarleston

Indiaiiula, Ac.

New

In addition to above exports, our telegrams to-night also give
us the following amounts of cotton on shipboard, not cleared
add similar figures for New York,
at the ports named.
which are prepared for our special use by Messrs. Carey, Yale
& Lambert, 89 Broad Strpet.

Fri.

3,226

3,97S

7,079

8,078 10,986

Thuri.

Wed.

Tua.

Man.

Sat.

XLI

We

37, 1885.

from the South to-nighi, is given below. For the week endiri»
reached 2o'J,yao
thia evening (Nov. 27), the total receipts have
bales the previous
twlee, against 270.421 bales last week, 332,061
week and 274,433 bales three weeks since; making the total
againsi
receipts since the Ist of September. 1885, 3,435,283 bales,
sliowmg e
2 605,451 bales for the same period of 1884,
decrease since September 1, 1885, of 80,169 bales.

Galveston

[Vol.

676
600

Totals tbla week 36,134 51,867! 49,210 29.653 33,179| 59.882 259,925

have

failed to verify the great

still

year which

last

is

shown increasing

therefore,

increase in the yield over

currently estimated.

The

bull party has,

confidence, yet the speculation

by no means strong nor

for the rise has been

active.

It is

For comparison, we give the following table showing the week's

apprehended that the large crop movement will keep through-

and the stock to-nighf
and the same items for the corresponding periods of last year.

out the winter months and exert a depressing influence, and

total receipts, the total since Sept. 1 , 1885,

Galveston

Since Sep,
1, 1885.

Thi»
Week.

Ind'nola,(Sco

Hew Orleans.

94,801
9,366
2,902
33,692

Mobile
Florida

Bavannab
Br'sw'k,<fec.

750

Obarleston...

22,327

PtEoyal,&c

792

Wilmington.

MOieadC&c

207

Kortolk
W.Foint,&c.
Hew York..
Boston

33,241
13,619
3,038

Btiltbnore .
Phlladel'a,&c

676
600

91,605

100,752

1,218
62,154
4,334

10,218

22,668

53,881

2,300 for speculation

10,174

6,310
20,58*
10,382

81.028
11,217
123,051
6.310
21,032
5,000

2,50.';.1'>1

855,738

903,662

Ordln'y.^JB)

1

4,860

423

486
3,503
248
1,467

4,730
6,627

91,261

1

292,244
162,604
7,577
31,117

43,900
21,279

259,P25 2,425.282 284.692

Total

283,713
28,773
2,514
103,077

59,133
104
298,603
21.020
6,217
144,436

93,207
14,854
6,728
39,345
1,000
30,196

194

1884.

1885.

249
153,136

993

In order that comparison may be made with other years,
gjye below the totals at leading ports for six seasons,
BeetipU at—

1885.

Oalve8t'n,&c.
Hew Orleans.

1884.

1882.

1883.

22,895
93,207
14,851
39,345
30,197
5,283
65,179
13,432

33,177
64,756
14,687
30.377
17,615

Allotbers....

39.486
94,804
9,366
33,692
23,119
4,802
46,890
7,966

tWs Wk.

259,925

281,692

MobUe
Bavannab
Charl'at'n,

Ac

Wllm'gt'n,&c
Horfolk,

Xot.

Ac.

1881.

41,916
10,226

33,105
74.354
12,511
33,766
30,032
7,602
48.989
14,438

15,715
64,517
13,988
32,678
26,180
9,036
39,233
20,803

22,188
41,501
3 7,222
38,828
33,179
7,014
41,203
14,206

2'i2,lS5

253,097

222,170

218,341

6,451

1. 212.'S.282 2n0i.4 5I 21202'^1 2142,337 2345,214
2538,057
Gaivesiou 1 icluUos 11lOiauola OiubrlesK in inolud 38 Port R oyal. Ac:
Wilmington Includes Moreboad City, Ac; Norfolk includes West Point, Ac'
The exports for the week ending this evening reach a total
Of 137,485 bales, of which 76,182 were to Great Britain, 5,577
to R-ance and 55,726 to the rest of the Continent, while the
tocks as made up this evening are now 855,738 bales. Below
the exports for the week and since September 1, 1883.

Btaoe Sept.

re

Wuk EnMng

Nov

.

27.

JVom

ExporUd to—

SWpOTtt

France

Zbtal

nent.

Week.

1,

Sat.

G'd Ord
Low Midd'g
Btr.L'wMid

8tr.

6i3ie
7J4
83,8

8%
9
9J4
9'16

15.8Se

4.097

19.9&3

115.291

22,703

11.125

172.841

Mobile

OontU
netu.

8,918
86,875

30,512
136,199

6.200

Sat.

613i6
7I4
83,8
858

9

88,748
10,411
12,750
61,201

inCon

Taes

Btr.

G'd Ord

Low

."tfldd'g

Str.L'wMid

7

7

7

7

77,8

^>

813,8
93,8
97,8

813,6
93,8

77,8
838
813,8
93,8
97|«
958

77,,
838

813,8

?^«

909

.

8%

8%

9=8

9

9M

10

10

10

10

IOI4

IOI4
lOOa
1114

lOk

10I4
1098

11>4

1014
1069
11J4

10<>8

Oood Ordinary

Low

7

7

77,8

8%

77,8
838

813,6
93,6
97,6
958

97,6
953

Sat.
ipib.

658

iVUddling

878

Tb.

77,8
838
813,8
S3i«
97,8

813,6
93,8
Slie

958

10

Frt.
7

7
77,6
838

IOJ4
1058
11»4

n

IO14
1058

9=6

10
IOI4
lOOg

IIH

non Tnes Wed
6»8
76,6
8l8
878

1058

im im

WeA

10

10

101,8 10 14
107,6 10»8
111,8

STAINED.

9»8

10

lOOg
ll^l

9M

91*1.

Si*l«
2?i«

10

9

97,8

97,6
9O8

10 14

613,8
7>4
83,8
85n

97,6
913,6
101 16
Midd'g Fair 107,6
Fair
111,8

TEXAS.
IHon Taea

77,0

8%

97,6
9°e

613,8
714
83,6
868

Sn.VdMld

Sat.

813,8

9

Middling...
Good Mid..

bales

77,6

<'16

8%

ired Th. Frl. ired Tb. Frl.
Ordin'y.«lb
Strict Ord..
Oood Ord..

—

quotations for

official

7

613,8
7I4
83,8
8=8

9>4
9^
Middling...
97,8
97,8
Good Mid.. 913l6' 913,8 913,6
Btr. G'd Mid Idia 101,8 101,6
Midd'g Fair 107,8 107,8 101,6
Pair
1U,« 111,8

658
'8°4^

8%

Tb.

Fri.
65g

658

HoU-

7'S,«

day.

8^
878

HABKET AND SALES.
The total sales and future deliveries each day during the
week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a
glance how the market closed on same days.

139,459

15,101

4,037

Of the above,

NEW ORLEANS.

UPLANDS.
Mod Taes

yov. 21 to
Nov. 27.

1885. to Xov. 27, 1S85.

Great
BHtain. France

1«,920

QalTeflton
New Orleaiu.

— in transit.

were to arrive. The following are the
each day of the past week.

Exported to—

OmtU

Great
Brtt'n.

and

MiddUng
Stpl.

To-day,

caution.

—

we Strict Ord..
Oood Ord..

1880.

much

under an easier market at Liverpool and the stocks at interior
towns still accumulating, there was a decline of 4@5 points
and a dull closing. Cotton on the spot has been more active,
home spinners having operated in this market, prompted by
The
its comparative cheapness and the fuller lines offering.
speculative transactions reported on Saturday last were made
on Friday afternoon. To-day the market was quiet at 9 7-16c.
for middling uplands.
The total sales for forward delivery for the week are 339,100
For immediate delivery the total sales foot up this week
twles.
- for export, 3,815 for consumption,
5,515 bales, including

296,819
7,972
669,179
107,163
28,585
469,750
7,710
345,258

296

8,218
294,985
3,536
60,828
2,998
212,822
121,315
12,710

4,335

Since Sep.
1, 1884.

22,599

395,052
781
708,433
91,601
20,019
149,973

39,486

. .

This
Week.

both classes of operators act with

Stoeh.

1884.

1885.
Reeeipl* to
2f0T. 27.

Floflda.

Bavannab

16,005

16.!i05

6,318

12,162

Obarleston*...

S.814

WIlmlDKton...
Korfolkt

6.810

6,810

1S.S20

15.520

New York
Bmton

10.873
S.eS9

Baltimore...
Philaaelp'a,*o
.

Total

775

5,931

16.982

189

2.788

69,274
46,718
81,170
77,056
131,651

78.188

2.330

B.577

55.728

Total 1R«4..
76.178 27.853 42.S24 116.583
• locladaa export,8 from Port llural. Ac
T loolqdea exports from West Point. &e.

86,856
30,930

4,050

11.868

2.330

400

537

707.9D6
832.023

8A1,ES

SPOT MARKET
CLOSED.
Sit.
.Mon

Dull

rues

Dull

Wed

Firm

fhurs
Fri. . Steady.

484,270 1,321,918
'

1

27,8fl6

433.307 1.892.096

Easy

Tor,al.

OF SPOT AND TBASSIT.

Ex-

Oon-

port.

sump

Spec- Tranul't'n

sit.

672 2,200
289
221

Total.

Sales.

36,900
2891 47,300
221 71,000
l,4tO120,7O0
2,372,

1,460

DeHvtritt.

200
400

.Holiday.
6731

.

673

53,200

200

800
actually delivered tbe day

....'3.315 2,200!

The daily d»Uvenes given above are
revious to Uiat on wbion tbey are reported.

5,515i3'29,100l

November

THE CHRONICLE

28, 1885.J

T n e SAiiM AND Pricks or Foturkb are shown by the (oUon comjirehonsive table. In the statement will be found thf
daily market, the prioee of sales for each month each day, an*
the closinK bids, in addition to the daily and total sales
in;?

V.15

imt VuiBUi HunoiT or CXnroM to-nlehi, an made up by o»i>i«
is hb follows. The Continental stocks, as well aa

and telegraph,

those for Gri-nt Britain and the afloat, are this wf«»k's returns,
tad conse<|ii<>ntly all the European flffaree are brought down
But to make the totala the oomplat*
to Tbanxluy uvt-iiinK.
Ogures for to-night (Nov. 21), we add the item of exports
the United State6. Includins in it the exports of Friday only,

bom

atook at Liverpool
Uook at lyondoD

1H84.

1883.

430.000
48,000

467.000
45,000

Soa.OOO
73,A0O

478,000

512,000
2.000
51,000
40.000

580JtOO

IH85.
4l.t,000

bales.

1(4,000

Total Oreat Britain (took
dtoek At Rnmbtu'g
Stock at Broiuun
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Oenoa
Stock at Trieste

433,000
3,0)0
31,»00
30,000

eoo

800

2,600
113,000
3,000
36.000
8.000
7,000

1,700
134,000
5,000
28.000
8,000
7,000

Total Continental stockr

235.100

Total European stocks .... 66-1,100
2.1.000
India cotton afloat for Europe.
Amer'n cott'n afloat for Eur'pe 512,000
40,000
Egypt.Brazll.&c.uflt for EVpe
Stock In United States ports .. 8.'S5.738
Stock in U. S. Interior towns.. 300,231
18.95J
United States exports tOHlay..

3.ftOO

33,0'M
41,000

1892.

3,000
25,000
7,100

700

1,500
UK)

7.000
41,000
7,000
9,000

1.400
135,000
2.60O
28,000
8,400
7,100

262,000

301,600

218,300

740,00U
40,000
578,000
52,000
903,662
247,281
43.200

913,000
78.000
461,000
56,000
957,499
326,625
8.000

703,800
87,000
523.000
57,000
785,035
236.008

4,

13l»,000

5,500

2.420,019 2,603,113 2.700,723 2,.492.343
Of the above, the totals of American and other descriptions are aH foUovs
A.mencattrbales 300.000
247,000 26^,000 252,000
L'verpool stock
103.000
157,000
131,000
207,000
Continental stocks
Amerloanatloat for Europe... 512,000 57M,000 4Kl,0O0 .'.23.000
78.5,P35
&.''5,73^
803,682
957.498
United States stock
247,231
236,0,18
326,625
300,23
United States Interior stocks
42,200
5,500
8,000
18,950
United States exports to-lay..
Tn^-Nl visible

supply

.

2,149,919 2,149,113 2,225,123 1,904 543

Total American
Sast Indian, Brazil, Ae,—
Uverpool stock
Londonstock
Oontinental stocks
India afloat tor JOurope
Egypt, Braill,<So., afloat

183,000
48.000
131,090
40.000
52,000

109,000
18,000
78.100
25.000

.

40,00i)

202,000
45,000
94.600
78.000
56,000

253.000
75,500
115,300
87,000
57,000

270.100
4i4.000
475.600
587.800
2.149,919 2,149.143 2,225,123 1,904,543

Total East India, dEC
Total American

2,420.019 2.603.143 2,700,723 2,493,343
Total visible supply
S'Sigd.
6d.
5»4d.
6d.
PrIooMld.Upl., Liverpool....
IOTibC.
lO'igO.
York....
S'lac.
109ie,o.
Price Mid. Upl.. New

jar The imports

into Continental ports this

week have been

58.C00 bales.

The above figures indicate a decrease in the cotton in sight
to-night of 183,124 bales as compared with the same date of
1884, a decrease of 280,704 bales as compared with the corresponding date of 1883 and a decrease of 73,324 bales as
compared with 1882.

—

TOWNS the movement that is the receipts
since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
period of 1884—is set out in detail in the following statement.

AT THE

for the

INTEBIOR

week and

KMlr'r'TJSJai

o

O
2

V

B

"1

H»

P ¥ ~;r.o s O C

§sw||'S-§
p g o gc- a

9

O

g-fs'O

t— to

o

OD

O ®
Sc .£- O

.1 =1
re

OS

03
Ol'toV*
tH

C

t-*

!0

CO

0*0 W OS
to O" *J

o
to

!0 00 to

M 60 « H' K) M

vo

^§

CO

c-^CiiC^MCOilfcO

tf*woi»

M^-*osioeiioco*»

I

Moucwi'-aD^-jt-K.oo-atccoyiocj'^jx

I

,_

C;"

C 2,^--

iffc

^ to M

oscaotoooD

o o <i

cju

t^ tc

;;«

MOO
oo'y

w to*o o 01

«coi^ao-jwto

cocn

OS *» to

u

*>•

to

X Q «?

1^

^

MOS

a

i)'

c o a« © -^ a< CO 00 en * wV'^

tF>>if-O^KlCtOr-at0^r^^VC^CCl^V

MM

OtooCN*-ut£00T.; os'-y-osGcc:^
a.oocosi<»'C;>i(^>'0-.

«;»

a Ci u3 c»
CO CO CO X CO
o
to

<:£

>-'

::;i

w> o&QoiOQ>^««^ao|

W
MM

* lucladeB sales In September, 1885, for September. 130,200 ; SeptemIwr-Ootober, for October, 301,700.
We bavo Incladed in tbe aboye table, and sball oontlane each
week to f^ve, tbe average price o{ f ntnres each day for each month. It
will be found under eacb day following tbe abbreviation " Aver." Tbe
average for eaob montb for the week Is also given at bottom of table.
Transferable Orders—Saturday, 9'35c.; Monday, »-40o.; Tuesday,
9-450.; Wednesday, 9-50o.; Thursday,
Friday, 9'50o.
;

t^

The following exchanges have been made during the week:
•22 p<I. to eich. 300 Jan. for Mcb.
11 pd. to exch. 100 May for June.
•36 pd. to exch. 1,500 Deo.for Mch.
•11 pd. to exch. 1,100 Deo. for Jan.

•.M pd. to exch.
'31 pd. to exch.

300 Mch. for Aug.
200 Jan. for Api-il.

OMOo-aaa*QDMM"-t-|-»

Vc^ X VtO 3>
X M 00
bO — OS
'-0

•'I

to

ffi '.3

CO Oi tw CO

ce to CO

^ w a. »-

to*"

m

1^^ OS t3 M to w <» Co
oe

OCOOif^CO<lf-*OiMM<Oi<B-4>^rf^CO-^CCn

M
MM to C^XWl^O
—

^l*'icMw*.»p^_x»oo:jiucOMp»»cj»co

cctoocJXKitox<i-.i:j"y(U*j*jM.-cuto
*-^oc;cr»asc«oso00si^*toxcn*^-Jco-j»

Vox OO00*3i^a»« A c»W»O00K^30
<ici*"i(*''=ccorfkOOMO*':>'COMO:o«
TT

X'^O03t0O>-'-^C0«J0SUc0'>-IC0X»>^-^:D

COMM
OtOtOCSO — »0

?ao

V OS b» yt c»1- CO *- X Vj to ki^^i <i 10
OC:i^iUiF>--^]i(ikCiCocc-^rf^09C>:c;ix&:ccos
O'tiMl^--' — tOMCOtO

c CO o a cv o «

_5_r

I

« M Hwl

coooby'tooooa^wM'

tOM

M|Sd

boJWMaVtcIo

ostootoco<xacooo>* OOCOlOtOOSUC^i^

<

I

i^sL
t'

show that the old interior stocks have
increctsed during the week 35 883 bales and are to-ni^^t 52,950
The above

totals

THE CHRONICLE.

me

[Vol. 35LI.

—

Little Rock, Arkansas. Telegram not received.
The receipts at
t.lia.n at the same period last year.
Helena, Arkansas. We hive had no rain all the week.
towns have been 9,430 bales more than the same
week last vejir, and since Saptember 1 the receipts at all the The thermometer his ranged from 26 to 72, averaging 46.
towns are i.j9,7»8 bales more than for the same time in 1!;84.
Memphis, Tennessee. It has sprinkled lightly on one day

bales

more

—

the same

Quotations for Middling Cotton at Other Markets.—

give the closing quotations of middling
In the table
cotton at Southern and other principal cotton markets for each
day of the past week.

below we

Week eiulUm
Hov. 27.

0L08IN0 QUOTATIONS FOE MtDDLINO COTTON ON-

Mon.

Satur.

Tues.

Wednes.

Thurt.

9%

93,8

New Orleans.

S"l6

9i«
8>6,«

Mobile

81 6i.,

81^6
8 '8

9^6
8i6ie
8I618
8^8

9

9
9

9

8V
9

9

9

Galveston

Savannah

i>hi

.

.

.

8%

.

Charleston
Wiliulugton
Norfolk

.

..

9

FH.

9

9

8i5ie

81^18
6 '9
91a

9

>,

9M
9^

—

of the week, the rainfall being inappreciable. Picking and
The total
marketing continue to make good progress.
receipts to date are the largest
eter 40, highest 70

and lowest

on record.

Average thermom-

30.

—

Nashville, Tennessee. It has rained on three days of the
week, the rainfall reaching six hundredths of an inch. The
thermometer has averaged 44, the highest being 08 and the

lowest 30.
Mobile, Alabama. It has rained lightly on one day of the
week, the rainfall reaching one hundredth of an inch.

—

We

9H
9^

had killing frosts on Wednesday and Thursday mornings.
9^
Boston
9>a
938
938
93e
0%
The thermometer has averaged 50, ranging from 83 to 73.
91,6
Baltimore
958
9=8
9=8
!)5«
9»e
Philadelphia.
8''8
Montgomery, Alabama.— ^fe have had rain on one day of
B^
8%
S-'S
8%
Augusta
9
9
9
9
9
Memphis
the week, the rainfall reaching eleven hundredths of an inch.
9
9
9
9
9
8t. Loiils
9i8
gifl
91a
Many planters are holding on to their crop for higher prices.
9>e
Cincinnati
»H
9
9
9
9
9
lAoisviUe
The thermometer has averaged 48 -e.
Receipts from the Plantations. The following table
8elma, Alabama. It has rained lightly on one day of the
indicates the actual movement each week from the plan- week, the rainfall reaching three hundredths of an inch. We
The figures do not include overland receipts nor have had three killing frosts. The thermometer has averaged
tations.
Southern consumption; they are simply a statement of the 47, the highest being 68 and the lowest 30.
weekly movement from the plantations of that part of the crop
Auburn, Alabama. We have had rain on one day of the
week, the rainfall reaching seventeen hundredths of an inch.
which finally reaches the market through the outports.
BECEirrS FKOM PLANTATIONS.
There were severe killing frosts and ice on Tuesday and
Thursday, and light frost on Saturday. Average thermomeBecelpU at the Porta. SVk at Interior Tovnts. Rec^pis from Plant'na. ter 47 '7, highest 69 and lowest 27.
WtOt
StiMnQ—
Madison, Florida.— Telegrum not received.
1881.
1885.
1883.
1884.
1885,
1885.
1883
1884.
1883.
Macon, Georgia. We have had no rain all the week. The
252.&15'2-5.U2 21)1,704 236.988 /.26,511 161,182 286,861 321,969 308,754
Oct. 2a.
weather has been fine for picking, and planters are taking
.',.,
1-241,921 277,110 268,023,276, 734 156,058 208,307;2S1,6')9 304.017 313.148
30
advantage of it.
'20-;,6O4 257,041 274,423 313,249 174,996 236,844'304.119 275,079 324,759
N«v. 6
Columbus, Georgia. There has been no rain during the
IS
!242.07SJ26U,1I4J232,(101 343,t.29 l«8,970|279,93l'272,758 2ti3,088|255,84S
week. The thermometer has ranged f rdm 38 to 55, averaging
222.610 258,774 270,42lj359,74s|220,539|309,261 1238,329 289,84s|2fl9,751
20
9»I8
9>«

9'ie

93l6

s
§
K

. .

—

—

—

—

I

I

I

I

—

••

••

87

|822,185)aS4,692l259.9?5's74,66l'207,133'3i0,405'237,001 .122,286'291,0e9

The above statement shows — 1. That the
September

total receipts

from

are 2,749,^37 bales:
in 1884 were 2,75-5,369 bales; in 1883 were 2,745,693 bales.
2.
That, although the receipts at the outports the past week
were 259,935 bales, the actual movement from plantations was
291,069 bales, the balance going to hicrease the stocks at
the interior towns. Last year tlie receipts from the plantations
for the same week were 323,386 bales and for 1883 they were
237,001 bales.

the plantations since

1,

1885,

—

—

Savannah, Georgia. It has rained on one day, and the
remainder of the wt-ek has been pleasant.
The rainfall
reached fourteen hundredths of an inch. Average therniomand lowest 35.
Augusta, Georgia. The weather has been clear and cold
during the week, with only one light rain, tlie rainfall reaching twenty-three hundredths of an inch. Picking is approaching completion, and planters are m .rketing their crop freely.
The thermometer has averaged 47, the highest being 71 and
ter 52, highest 72

the lowest

29.

—

—

Atlanta, Georgia. It has rained on one day of the week,
the' rainfall reaching forty-five hundredths of an inch.
First
to uiem the net overland movement to Nov. 1, and also the killing frost on Thursday. The thermometer has averaged 44,
ranging from 29 to 63.
takings by Southern spinners to the same date, so aa to give
Albany, Georgia. It has rained on one day of the week,
eubstantiaUy the amount of cotton now in sight,
the rainfall reaching five hundredths of an inch. There has
1885.
1884.
1883.
1832.
been killing frost and ice on one night. The thermometer has
Keceipts at the port.-* to Nov 27 2,i25,282 2,505,451 2,420,28l'2,442,337 ranged from 27 to 71, averaging 54.
Interior stocks on Nov. 27 lu
Charleston, South Carolina. It has rained on one day of
excess of September 1
324,555
249,918 325,408 259,215 the week, the rainfall reaching forty- five hundredths of an
Average thermometer 53, highest 72 and lowest 34.
Tot. recelptB from planta'tns 2,74P,<S37, 2,755,369 2,745.692,2,701,552 inch.
Stateburg, South Carolina.— We have had no rain all the
l.'.3,156
98,274
Ketoverlaiui to Novenibi^r 1..
126,859.
93,S57
consumpt'n to Nov. 1
60,000
Southern
50,000
59,000
59,0o0 week. Ice formed on Wednesday night. The thermometer
has averaged 55-6, the highest being 66 and the lowest 31.
Total in sight November 27. 2,963,993 2,903,613 2,931,5)1 2,854,409
Wilson, North Carolina.— There has been no rain all the
spinners' takings to
Northern
week. Ice formed on two nights. About all the crop has
November 27
518,3211 418.737
563,036 500,391 now been secured, and about
two-thirds has been marketed.
It will be seen by the above that the increase in amiunt in sight The thermometer has averaged 46, ranging from 30 to 60,
to-night, as compared with last year, is 59,350 bales, the increase
Tlie following statement we have also received by telegraph,
aa conip.irert with 1883 Is 31, -112 bales and the Increase over 1882 is
showing the height of the rivers at the points named at 3 o'clock
10?,584l)ales,

Amount of Cotton in Sight Nov. 27.—In the table below
we give the receipts from plantations in another form, and add

—

—

Weathee Reports by Telegraph.— Our

November

36, 1885,

and November

27, 18S4,

telegrams from
Aop. 26. '85 ifci». 27, '84,
the South to-nigbt indicate that the weather during the week
has been very satisfactory for crop gatheriog. The temperaFeet. Inch.
Feel. Incli.
New Orleans*........ Above low-water mark.
12
9
6
ture has, in general, been lower, with killing frosts reported Memphis
Above low-water mark. 11
5
3
8
Nashville.-.
Above low-water mark. Miss ing.
7
over a very wide section.
Q
Shreveport
Above low-water-mark.
2
7
8
Galveston, Texas. It has rained on one day of the week, Vlcksburg
Above low- water-mark. 21
3
6
the rainfall reaching twenty-five hundredths of an inch. The
Now reportetl above low-wator mark. Instead of below high- water
mark as prior to Oct,)ber 30, 1885.
thermometer has averaged 63, ranging from 48 to 79.
India Cotton Movement from all Ports. The receipts
Jndianola, Texan. We have had one fine shower during
the week, the rainfall reaching one inch and fifty-three hun- and shipments of cotton at Bombay have been as follows for
the week and year, bringing the figures down to Nov. 20.
dredths. Picking is progressing finely.
The thermometer
BOMBAY BE0EIPT8 AND SHIPMENTS FOR FOUR YEARS.
has ranged from 50 to 82, averaging 64.
Shipments (Ms week.
Shipments ainee Jan. \.
Receipts.
Palestine, Texas. There have been light showers on two
This
Si'iee
days of the week, the rainfall reaching sixteen hundredths Year Great Oonli- Total. Oreat OontiTotal.
Bril'n.\ nent.
Britain iient.
Week. Jan. 1.
of an inch. Picking makes good progress. Average ther1885 1.000
1,000 221,000! 172.000
14,000 1,050,000
mometer 53, highest TO and lowest 35.
1884 l.ooo 2,000 3,eO0 503,000!fi.55,000
9,000 .599,000
1883 4,000 1.000 5,0001 16 l,OU0|788.OOO
18,0(K) l,(i67,000
New Orleans, Louisiana.—'We have had no rain all the 1882 4,000 2,000
6,000|785,000|a26.000
14.000 1.697,000
week. The thermometer has averaged 55.
According to the foregoing, Bombay appears to show an
Shreveport, Louiilana. Telegram not received.
increase compared with last year in the week's receipts of
Columbus, Mississippi. We liave had no rain all the 5,000 bales, and a decrease in shipments of 2,000 bales, and
the shipments since January 1 shew a decrease of 470,000 bales.
•week. Average thermometer 45, highest 70 and lowest 3 1.
Leland, Mississippi. The weather has been cold during The movement at Calcutta Madras and other India ports for
Che ast reported week and since the 1st of January, for two
the week, with three heavy frosts. The thormo'neter has
years, has been as follows.
"Other ports" cover Ceylon,
averaged 4J-2, the highest being 80 and tlie lowest 34.
Tuticorin, Kurrachee and Coconada.

—

—

—

—

|

1

—
—

—

November

THE CHRONICLE.

28, 1889.]

SMpmenU tlntt Janttary 1.

Sht/ymtnttfar th4 vntk.
Oreat

Oonltnenl.

,

ToUU.

Oreat
Britain.

„
,
OotMntnl.

se.ooo
82.500

Britain,

__ ,

18.030
42,700

14.010

1,000

_

_..

.

Total,

Oaloacta—
188ft

1884

77,0OC
125.20f

Miiilra»—

18HS
1881
Allothera—

1,000

P,0CO

1,000

15.000

56,000

017

Weather Record for October.—Below we

50,O!H<

Augtut,

SoinAiu.

3,000
2,000

1884

1.000
1,')00

4.000
3,000

ni,o:o
71,i00

6S,000
43.000

120.000
117,800

1.000
2,000

18tift

2.000
1,000

6,000
3,000

137,000
213,300

81,000
35,700

S21,00b
209,000

give the rain,

and

thermometer record for the month of October
and previous months of this and tho two preceding yean.
The figures are from tho records of the Signal .Service Buresn,
except at points where they have no station, and at thow
points they are from records Icept by onr own agents.
fall

IMS.

I-

lSe4. IHSH

.

vikoinia.'
Nnrfiilk.—

total nil—

1885
1884

S-91

3-si

IS

S-TO
10

8-90

IS

10

9

4

4'04
IS

S-89

4-71
13

e-87
15

0-58

5-19
14

.1W)

770

2-»I

1-38

1-88

8

18

»

18

B

a-M

8-48

KHinritll.ln

a-87

18

Diirs rnln..
N. CAK'NA

I

S-m

«

I

9

»-47

10

0-17* s-aa
I

4

H'Uniinfft'n"

The above

totals for the

week

week show that the movement from
is li.OOO bales more than same

Bombay

the ports otlior tlian

For the wliole of Imlia, therefore, the total
shipments since January 1, XBBH, and for the corresponding
last year.

perioils of the

two previous

Kninriill.ln

l>uvH ruin..
lVel,l:,n.~
lUilnfiill.ln

DiiyM r,ttn

Days rain..
Days rain..
WIlMIl—

1883.

Jan.

teeek.

Tkit
veek.

1.

Days

ThU

Sine*

Jan.

Sine*

Jan.

vnek.

1.

10

I

d^JS.OOO

."l.OOO

1,163.000

221,000

3,000

V!99,000

5,000 1,252.00*
4,500) 271,000

7,000

Tot«l

911.000

6,000 1,462,000

9,600 1,526,0C0

I

11
6-11

8

8-60
11

1-06

8

4

6 08 1-88 8-80
4
9
16

18

This last statement affords a very interesting comparison of
the total movement for tlie three years at all India ports.

Alexandma Receipts and SmPMESTS.—Through

arrange-

ments we have made with Messrs. Da vies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable oi
the movements of cotton at Alexandria, Egypt. The following
•re the receipts and sliipments for the past week and for th(
orreeponding week of the previous tivo years.

3-46,

8-no

6

10
3-841

8-W

8,

4-00;

4-81

6-84

1>

10

14

I

I

4-aei

15

rnln..

6-70 18-Oe
9
14

Knlnrull.ln

Days
S.

S

6-88

3-80

7

4-88

6

2-9-1I

3-ae
6

4

1-14

4-94' 0-61

a-48

4

4-48
7

I

18

7

1

8-46

9

l>

rain..

7-28

8

I

7-97 16-18
3
13

6-86
I

8-04

6

!

0-00

U

10

CAIIOI/A

—

Ctuirkittim
liulnfall.ln
Days rain..

(

9-68

18

Paailtf—
Dayn

8-98 19-18
14
18

3-89'

Kalnfall.ln

—

Uiiys rain.
Stateburij
liulnfall.ln

—

Days

Aimitita.—
Kalnfall.ln

Days

I

1-88

B

8-98

7

1-61

S

8-00' 0-86

S'Se'

18

0-99

8-96
10

6

9

'

I

7-60'

10

,

I

6
0-06' 3-41
8
1
I

i

4-83

0-76 8-79
7
8

4-88

8

9

,

;

S-OT

X-V)

1-88

10

10

8-81

10

3-33
.10

104

6-67

•II

8

6

10

9

1

8-16
18

18

12

Om

8-48

7

s-rs
18

4-84

1-88
11

4-15

0-«8

1-6*

6

10

8

9

8-58
7

6-61
18

0-08

0-6H

3

3

9-28! 12-00

4-56

8-65

6-89 S-4I

a-70

11

3-60
7

rjln..j

QEOROIA.

3-38 11-03
14
6

6-18 lO'Oe
16
11

8-69
12

rain..

Cohitnbia
RiiinruM.ln

6-91

9

8-83

I

I

rain..

AtlanUi.—
4-08
:8

Rainfall, In

Days

rain..

Savdittiah.

Aorandria, Eaypt,

9

7-75
18

4-08i 0-16

I

«01i 2-OR

10
6-»l

11

i

All other porta.

8

!

TOO

18

0-88

FayettevUle—

I.

1.010
u.ooo

Botubay

8

6

l-Bl

8-94.

H'tW 18-39
18
18

11

6-W

8-31; 7-90

I(nlnf.tll.in

Sh'omefilt

Europe
from —

10

!

e

I

Ralnfail.ln

1881.

<o all

I

0'9I 10-70
6
17

9-84' lA-BS

6-60
'

OltarlotU—

BXPORTS TO EDROPB FROM ALL INDIA.
1885.

.

UiiliirHll.ln

years, are as follows:

III

—

6

8-06
18

8

I

0-10
4

;

.Votvmfter 25.

KHinfall.ln
Diiys rain..

1883

1881.

1885.

3-88
13

UHlnfall.ln' 4-35
4

9-41
15

3-27

Riiinrall.ln 3-04
Days raln..{
7

8-93

8-31

8-41

4-58 14-38
15
15

16

1

13

!,

17

11

I

7

ro:

8-89:

1-41

6

,

14
0-93

Coluiiihtis.—

Beoelpts icantars'l—
Tills week....
Slnoe Sept. 1

180,000
1.213,000
Since
%oeek. Sept. 1.

210,000

1? 0,000

1,253.000

]

TMe Since
week. Sept. 1.

182,000

Thie
Sinci
week. Sept. '.

oantar

Is

8

98

74,000 22.000
34,000 8,0.0

93,C0O 23,000
ti,000

31,0(10

§8,000
33,000

18,000 108,000 130,000 129,000 31,000 121,000

18,000 bales.

Manchester Market.

—Our repoif received from Manchestt r
We

to-night states that the market is firm.
give the prices
for to-day below, and leave previous weeks' prices for comparison.

18

7

9

7

8

8-55

0-6-

117

1-73

7-80
7

j

1885.

an

S2f Oop.

1884.
Ibl.

Shirtinge.

Iwiet.
a. >.

aep.25 83,ga8»g 5
Oct. 2 3'4 aSi'ie 5

d.

7

.

OoU'u
Mid.
Upl'^t

5
23 814 ^s^,^ 5
" 30 818 ai^n.gS
Kov. «8i8 a'('li6 5

BM

32« Cop.

7

4

4

6

9

8-44

6-S8

501

8-67

1-W

11

14

8

10

4-19
6

10

13

7- 16

808

8-F8

7-86

c-ai

7-83 10-63

18

18

18

18

82

«-l7
10

8-02
16

5091 1009 8-11
lu
18
17

3-91

8-38

8-66

10

19

11

FLORIDA.

8

i4i(l.

TTpldt

8
8

d.

SSieaS'a

m
m

ffl7

1»7

li«
lis

.^'igag
8i« a9

514

S9i«»9i8

8
8

»7

7 ©7
5i4»6 10i4
519^6 lOij

615,,

SijiXi lU>s
514 i»6 Idi*
5ias6 10i«

5»s

8I4 aS'^iols
85i«asi3,e 5
SSi6«8i3i«;5
5»18 8»i«a813j8 5
5l8

8

d.

5
5

5%

li«

Crop Prospects.— By

d.

«.

51a
57,,

7>7

»7
«7
«7

d.

8-'i6a9

5ifl

«7

8

" 2-1318 «8llieit

India

|5
15
|5

8.

0ia«7
8
9

9

»7
•?
»7

cable from

1

2
2I3

d.

5%

3

0«5

0-88

8

!

4

5-11

0-65

1-80)

i-er

4

9

8

Ruint'all.in
rain..)

Days

rain..

I

Madison—

?'l«
5^16
511,

1

3-36

8

7

9

8

4-88
10

0-13

0-38
10

4-77

0-89

i

8

6-88

n

20

17

3-37

6-76
18

3-63

8-77

6

7

I

i

10

1

1083 6-»5 861 11-68 1-95
13

16

10

IS

7

8

4-181

8

786

6-60
rain..] 18

6

078

4-70
i

8

IS

I

Halnfall.ln

6-58' 5-57

6-75 11-09
19
88

r48

10-7S

8-02

18

20

6

655

9-87

6-16

1-86

16

18

10

3

rain..

19

i

TaUnluU9fi—\
rain..

ALABAMA.
Montgom''y.—
Ilainfall.in
Diivs ruin..

764
22

8-80
11

Kaliifall.ln

Days

rain..

2-08

4-88

0-58

0-28

2-38

1-87

11

16

16

8

7

6

4

1-26

5-88

9-86
16

1-78

0-96

1-25

0-68

3

3-93, S-06

0-871

8

16

\

i

3-81

4-96

15

13

3-31

6-07;

9

20

6

6

4

1-56

104;

6'

4-87

18

3

2-07

1-9S

8-98

802

0-00

6-92 12-02
11
lU

2-31
1..,

K:ilnfa1l.lD
Days rain..

6-86

9

12

8-2f
6

llalnlalt.ln
Days rain..

692
16

6-38
14

;;;;i

6-16

4-18

8-J

0-87

20

IS

16

8

4-S9

006

0-28

12

3

4

6-21

2-85

1-97

rain..

'

,

8-30

7

Seliwi—

Auburn—

7

6-361 0-84

6

1-80

8-20

]

Twr.iilii'n*'-iy ~

Hainfall.ln

8-00
1

6-74

00

6

:

4-66

'

S
1-80

6

4

3-49

4-77

0-81

6-08

0-57

3-01

11

11

8

7

4

3

0-66

8-60
10

8-43

4-32

OiM

0-97

381

8-60
10

10

11

<

LOUIS'ANA
5",s

Bombay

—

East India Exports. We have received from Messrs. Lyon
& Co., Bombay, a detailed statement of the exports of cotton
from East India ports for the first nine months of the year
18S5, ending September 30, showing a total export to all
foreign porta during that period of 931,808 bales.

JCTE Burrs, Bagoino, &c.— No important movement has
occurred in bagging for the past week. Trade has been of a
steady character and goods are moving quite freely, and considerable stock is being worked off. No inquiry is reported
for large parcels, the trade being confined to filling jobbing
orderi".
Prices are steady, and sellers are quoting 9e. for IJ^
lbs., 9J^c. for
\^i lbs., 10i.^c. for 2 lbs. and lie. for standard
grailes.
Butts have been in rather more demand ami some
sales are repo ted, about n,000 bales having found takers at
full figures.
Selleis are firm in their views and do not oa'e to
name le.'s than 1 ll-16(nil"iC. for paper grades and 2<i2>^c. for
qualities.

7

'

Ralnfall.ln

Days

6
7-28

I

O-IO

\

ArcMT—

Days
Sanford—

8

9-16

4-10

j

Cedar Keys.KainfJl.ln

Days

to-day we are advised that the crop is doing well and the
prospects of a large supjily continue very favorable.

bagging

8

!

JacksoiLvUlt-

Days
Oott'n
the.

Shirtinge.

Iwiei.

61ig

97

'5

13|dii.,a9»8

A.

«7

8

8

innH asiin

" """ '"
208im'a-i»8

4

6

2-84

!

0-86

8

19

4-17

3-24

0-90

9-381

4-04

Italnfall.ln
Days rain..

UnhUt.-

East

SOS

0-18
1

Halnfall.lni 8-75
Days rain..: 10

Hainfall.inj

"

4-00

Ronie.—

Days
lbs.

This statement shows that the receipts for the week ending
Nov. 25 were 180,000 cantars and the shipments to aU Europe

d.

1-54

7-74

0-00

9

I

Kulnfall.li-.

S.nOO

Total Europe

A

4

3-3<ll!u-10

Dii^s lain..

Ijlverpool..,,. .... 13.000

To Continent

*

6-89, 1-30

farayth.—

Exports (bales)—
I'o

Days rain..

OrteanaRalnfall.ln

.Vf It;

Days

rain..

Shrerf]>ort.~
Ralnfall.ln
Day.s rain..
Qrtl. VuUaitrR:ll'.full.>n
Days rain..

8

17

18

0-72

4

6-70
16

8-10

5

10-68

7-57

1-75

0-42

10

6

6

18-56

0-92
1

4-18
11

8

6

8-18! 0-8SI
i

3
1-20

8

9
res, ovj

3

18

%•'
I

8

Pt.l*teax(tnt-

Kuinfall.ln

Days

raln..i

4-83

6-36

....

1-88

9-J8

17

;;-;

6

18

7

4-41

....

8-79

roe

1-80

:::•'

6

9

1-63

8-80

6-96

O-TS

0-16

8-16

6

2

13

8

3

6

4

B

9'88

6-12

0-84

1-01

108

8

4

4-84
11

8-10'

LlliertuUai—:
Itaintall.in
Days rain..

M1:<SI.V1>1.
Oolutiibua.—
Ralnfall.ln

Days

raln..{

8
4-32 12-00

8

10

6-81

5-75

Vickuhurg.—
Rainrall.ln

Days

raln.,j

18

8-611

2-16

8

8

1-86

18

8

16

8-78

1-90

2-50

8-10

3

13

12

3

8-10
14

3

6

4-80

2-25

1-80

1-40

7

7

8

1

1-98
11

4-97
10

0-70

1-10

8-SD

8-66

4

9

1

1-90

2-60

Days ram..
UltiiidKalnfall.ln

6

8-70

4

8-76

0-86

3

Kalnlall.ln

rain..

6

8

Grefurittf'-

Days

0-86| S-9S

1-10

Brookhavt n—

KalnfalMn 880
Days rain.. 13

1-01

8

6

1-81

9

731
4

3'S4

6

:::

I

6

ARK'NSAS
4-66

6

8

•*

4-11

8

4-67'

8-17

9

1-90

1-05

S

n'98

9

8-07,

7

6-40

S-30
ft

8-lcl

6-8o;

7

I

6-66

6

8

13

1-60

0-80

0-70

rf8

8

1

3

11

1

, > PlKQTes for 88
H'lxures prior to February, 1886,. are for Spartanbnrt.
Greene Spring*
arj for MllioilKeTllIe.
t FIK'ares prior to Sept., 18»t, are for
•

t|luapprevlablv.

...^

THE CHRONICLE.

618
A UQUSt.

Julu.

1885. 1884''1«>83.!|186S. 1884. 1883

Helena—

1885. 1884. 1883.

ALABAMA

Balnfall.in

S-78

4-35

2-87

111

Days rain..
Smtt\-

11

10

B

8

Ralnfall, In

a-48

S-«6

2-08

8-78

0-88

a

8

10

6

6

rain..

2 33
8

Sfontgom'u.Highest... 98-0 94-8

1-95

1-03

5-03
7

4-OS

2-SI

9

Lowest

1-32

7

Days

2-81
11

43e

1-27

BOO 236!

1-85

2-19

1-78
14

1-70

4

8

10

7-30
11

rain..

4-84

3-60

5-SO

4-71

0-»

2-08

3-23

4

1-70
4

8

9

e

4

7

3-55
4

3-35

1-51

1-65

3-19

9

3

8

Kainfall.lD

Days rain..
Austin—

18

10

3-|»

3-35

0-97

2-29

8

12

8

6

4

»

IB

4

9

I

1-05

6-24
21
8-86
13

l-18i

5
2-40

1-16

1-74

8

9

7

10

2-08

0-Sri

0-61

0-67

8

4

10

Rainfall. In '0-33
rain..

0-66

1-87

0-06

—

Kainfall.ln

Dava

rain..

0-30

4-63
11

7-94

0-73

2-46

12

8

10

18

1-47

i

1-00

1-4S

4-47

2

4

8

10

6-5(1

0-84

4-97

5'4B

533

S

rain..

Days rain..
Austin—

9-8<

600
13

12

5

9

10

15

8

2

Rainfall.in

Days

18

2-87

3

Fort Elliot—
Cleburne
Rainfall.in

6-78

9

7

5

Hiuhest...

Average...

0-32

3

3

0-62

0-51

6

1«8 000

5

5

.>>

I

0-47

1-02

2-BI

11

8

4

8-97

:

0041

1-661

10

....
....

1-75

1-S2

5

3

8

I

i

2-01

fl5-(

102-0

70-(i

83-1

82-C

88-0
82-8
96-0
64-0

700

800

80-0

8elma—

950

96-(

80-0

6fl-(

78-(

10

92-0
59-5
78-0

890

910

64-1

62-0
77-5

78(

Lowest
Average...
Shreveport.—

Highest

92-6
74-5
82-6

Lowest...
Average...
Gr*d Coteau—

Lowest

. .

86-2

83-1

97'
87-

92-0
86-0

96-6

690

Highest....

82-7

85-e

82-8

93-6

Otiarlotte—

Highest...
Average...

Lowest

88
82-0

81-3

85-8
84-4
77-4

98-2
84-B
79-6

04-5
61-6
76-2

92-4
64-6

94-3
80-2
77-9

760

935 900

9>-0
82-2
80-7

89-3
BI-4
70-0

89-4' 85-0

58-9
73-9

80-5

96-5
6a-o
78-2

66-3
70-5

81-6
42-8
60-4

890 ._.
3»-2l 47-1

B4-6

62-2

90-1
69-0

40'

721

88-6

880
520
690

78-0
37-0
67-7

88-3
81-7

87-5
59-0
71-8

83-8
45-4
62-6

97-0 102-0
84-0 62-0
78-8 79-8;

98-0
58-0
77-B

92-0
B2-0

96-0
54-0

44-0

75-J

75S'

71-1

96-7
81-5

99-5

90-5'
63-9,

91-2
52-4

770

94-7
e2-7
77-8

92-7
88-0

79-4

75-1

75-6

70-71 75-1

640

731

930

925 900
480
880

88-0
67-7
75-2
95-0
B2-0
74-7

89-0
51-6

63-3
76-9

6S-0
66-1
78-2

97-5
64-5
80-5

93-5
72-0
76-8

98-0
64-5

93-4
60-8
77-2

960
580
80-0
81-1

68-0
82-6

930
dS-O
63-7

88-0
45-0

610

860

88-0

42-1

498

66-8' 63-8

mo

9B0

101-0

Lowest

660

69-2
82-2

73-0

Atlanta.—
Highest..

Lowest
Average..

81-9
85-1
87-1
78-8

t3-4,

62-0' 66-0

70-9

81-0

96-0
64-0
80-0
92-0
BM-O
78-3

101-41

61-7
80-7

Highest...

Lowest
Average...

Lowest
Average...
JTodison—

Highest.

87-0
52-0
71-3

00-0
68-0
S9-4

76-0
si-o
81-2

88-0
42-0
65-3

Average...
Hjunt Ida.—
Highest..
Lowest...
Average...
Helena
Highest...

95-0

010
79-4

67-B
80-8
84-8
85-3
76-5

86

67-f

65-0,

786

79-0

BIO
760

78-9
eo-B
70-9

87-0
Kt-Q
73-2

89-4
6-i-O

77-2

90-0
58-0
74-3

Sl-C

460
85-2

94-0

S60
67-8

91-4
45-2
71-2

83-0
63-0

51-0
71-9

700

.S8-0

870

450
730

50-0

67-7 BOO
40-9 34-0
56-2 68-5
87-0

880 920

60-0

B4
36-0
68-4

88-0

68-0
76-0

930

98-0

930

91-(

B4-0
7»-6

680

950

64-0
78-2

600

60-0

78-2

77'

94-0 100-0
85-8 71-7
80-9 83-4

991

93-8

63-7
79-2

640
791

98-0
63-0
76-9
92-0
60-0

78-7

75-1

7r4

99-

96-0
68-5
82-4

99-5
72-0
84-4

94-0
69-0
81-1

92-5

9B0

890

85-5
80-8

93-0
78-0
80-0

97-0
73-0
84-0

90-0

980

96-0
6S-0
80-6

93-0

6ro
820

96-0
86-0
81-0

«6-0
68-0

93-0

98-0

65-4
t2-B

94-0

630 840
780 780 80-0

940
870

94-0
7SS-0I

98-0
74-0

80-8

6S0

95-0
42-0
70-9

93-0
62-7
81-3

90-0
72-0

80-3
41-7
66-7

80-4
46-7
72-5

7T3

39-2

93-4
43-6

74-5;

78-81

90-0
38-0

81-B
40-5

87-0
51-5
71-8

«9-0

60-0
74-0

92-0

77-n

B50 660
740 71-8

400
59-8

95-2
61-8
73-8

910
67-0
70-4

MB
BB-5
73-8

87-2
53-0
69-5

87-5
62-2
74-B

90-0
64-0
71-7

90-3
82-0
76-0

88-2
60-B
76-4

900

95-0
74-0
84-0

89-0

90-0
B9-0
80-0

92-0
58-0
78-0

040

840
68-0

79-8;

770 780

66-0
75-3

96-0
63-0

93-0
58-0

88-0

860 760

83-0
6S-0
75-0

96-0
64-0
78-2

84-0
65-0
78-5

92-0
61-0
74-0

93-5
38-8 138-0
59-8 70-8
81-!)

78-7

650
780

6B-0
80-0

91.0
65-0! 62-0

79-5

81-0

81-8
71-0
82-1

700

SI-0
71-0
75-8

91-0
71-0
80-9

82'B

«6-C
69'B
84-1

94-1
70-2
80-7

92-5
68-4
83-8

81-0
70-2

840

93-6

700
78-8

50-0
75-0

98-7
61-4 70-2
80-8! 82-9

96-5
67-8
81-8

97-2

87-5
81-8; 82-5
79-8; 78-2

96-0
65-0
80-8

92-0
53-0
73-9

93-6
62-B
78-5

95-2
54-3
75-0

81-8
38-4
81-2

92-0
60-0
78-0

98-0
89-0
78-0

940 920 102-0
800 70-0
730 77-0 820

8S-0
59-0
73-0

930

85-0

100-0
59-0
<6-0 80-0

75-0
38-0

98-71

94-0

82-0

94-0
64-0
79-0

72-0
(-3-0

880

96-0

94-0
66-0
81-0

79-5

66-0
67-0
83-0

9S-0
68-0
82-0

94-0
65-0
80-0

95-0

1000

570

60-0

98-0
82-0

89-0
58-0
80-5

99-0
60-0

8001 76-0
66-0
73-3

52-0
7»-6

70-0

Average...

850

61-0

810

98-8 104-5
83-8 65-4
80-0 81-2

94-7

97-4

Lowest
Average
TB.VNBS'E.
Highest...
Average...

Memphis. —

TaUahassee.—

Highest

91-6

Lowest

746
83-0

820
7S-0
81-0

9H-0

37-0
83-0

44-0
67-0

900
500

900

05-0
62-0
73-3

64-0

860

89-0

320

28-0
59-3

32-('

80-0
as-o
68-0

820
350

60-|i

81-0

7D-0

74-5

40-0
71-6
88-0
54-0
74-0

60-0
83-0

77-8

91-0

690
77-0

8S-0' 90-0

63'C

S.-!-(

68-0

94-8

49'0i 58-8

320

.SScO

71-2

77-3

57-21 64-3

94-3
54-7
74-1

88-2
46-2
70-3

91-2
51-5
74-3

80-2
50 5
68-9

77-8
33-2
55-7

91-9
30-2
65-2

85-7
44-8
62-9

970 840

88'3
61-8
71-7

94-0
61-0
76-0

92-0
51-0
70-2

81-6

92-0

88-0
44-0
65-1

650

90-0
50-0

93-0
52-0
72-0

81-0
60-0
70-2

91-0

103-7
57-1 98-4
77-2 76-2

08-1
67-8
78-5

93-8

96-1

l'3-8

811

781

76-6

56-5
77-3

94-3
56-5
75-4

98-5
59-3
78-3

62-0
77-8

61-5
78-8

49
64-8

88-0 880
60-0 56-0
80-4 78-5

92-0
77-0

700

920
49-0
68-2

B8-0
82-0
78-3

050
580

92-0
56-0
73-3

920

76-6

710

92-0
54-0
75-8

70'2i

82-5
72-8
81-2

83-3
70-6
83-8

95-0
7S-0
81-8

80-7
8S-5
79-9

60-5
74-0
83-5

90-0
63-5
79-4

60-3

96-3
84-0

86-5
70-0
81-8

87-0

Highest..
Lowest...
Average..
Austin.Highest.
Lowest...
Average..

98-1
56-1

94-0

94-01

650

82-1

70-6

61-0
78-8

96-0

960

93-0,

520

62-0
77-8

58-0
77-3

84-9

94-8
78-0
83-2

83-8

96-2
71-8
83-0

980 651

950

85-8

980

01-0

78-2
83-S

73-7

72-B
82-8

720

7:i-4

693

90-0
81-2

81-9

83-8

79-5

78-21

69-8

98£

67-5
71-U
81-6

97-5
84-2
80-4

B7-6
62-0
80-1

97-0

93-3
58-4
74-8

95-5
49-0

83-2
39-5
62-1

89-1
48-1
66-8

94-0
41-0

81-1

87-0
33-5
69-4

88-0
27-5
6B-8

78-3

840
80-7

42-0

Bl-OJ

50-0

420 360
69-2
76-0

68-3
04-0

BB-4

Bti-8

84-0
50-0
67-0

780
820

94-0
30-0
65-7

86-0
44-0
66-9

87-2
57-S
74-8

87-0
54-5
76-9

85-0

800

479

54-0
74-0

S9-8
56-8
78-8

320 280

66-9

TEXAS.
QatvesUtn.Highest...
Lowest...
Average..
Ja<tianow.—
Highest. ..

52-0

550'

8«-(l

7B-o:

680

44-0
66-0

93-0

90-0
BO-0
72-0

75-0
86-0

870
440

Averagre

86-0

82-01100-0
42-01 38-0
61-7 86-8

94-5

750

84-0
74-0

Fort EUiot-

750

540 520
710 730

550

67-0

96-0
62-0
72-7

600
74-8

92-6
67-9
78-3

89-1
86-7
77-8

90-S
82-6
78-B

49-4
67-6

49-4
72-8

92-C
78-0
31-5

94-0
67-0
78-8

89-0
86-0
77-7

880 910

88-0
45-0
74-0

93-8
68-4
78-6

.

.

580

81';'

900

58-0

90-0
66-8
80-S

.

500
700

Ash-tvood. —

93-0

420

91-2
68-5
78-8

70-1

93-0

Lowest

920 900 920'

POO
750

83-7

86-6

84-0
36-0

99-0
80-0
78-0

Average...

Average..
Palestine.—

Highest. ..
Lowest....
Average...

08-4
83-4

Highest...

901
61-8

.

960
53-0
70-1

Clehwme—
Highest....

Average..
Austin—
Highest....
.

.

66-0

740

84-8

80-3
65-B
79-7

83-9
61-4
88-8

44-0
68-8

90-4

80-0
52-7
74-3

Bl-O
78-8

83-0

640

48-2| 66-5

78-3

70-4

83-0
48-0
65-0

74-3

02-0
59-0
74-2
87-5
60-0
71-9

100-8
63-S
73-8

96-0
54-0

799 781

..

Lowest

80-0

88-0
55-0
73-2

Sfashtriiie.-

88-0
52-0
73-0

74-8

lOS-0
90-0
88-0

84-8
70-0
79-7

63-5

98-0
48-0
76-0

90-0
S2-0
74-0

975

Highest...

90-0
32-0
73-0

71-0
82-7

Lowest.... TOO 69-8
Average... 79-4 bl-3

80-0

460

Smith-

78-0

61-01

720

79-5

590

92-0
42-0
70-0

91-0
61-0
77-0

980 870

660

Fort

81-5
53-2
70-0

96-0

79-1

69-Si 71-3

73-1

68-0

92-0
44-5
70-6

69-9!

7I-O1

090

900
500

600

81-5

82-4
47-0
64-5

92-5

82-3

64-0

870 970
670 74-0
7S0 82-9

63-0
85-6

81-0

Highest...

90-8
33-»
87-8

81-2

900
700 710

60

I

86-(
70-1

66-11

Lowest

94-5
74-0
80-8

78-0
32-0

460 BSO
72-0 860

56-0

...

Average...
82-9

90-0

84-0

Lowest.

960
880

78-0
54-0
66-7

57-0

—

west

Lowest
84-8
70-6
82-4

Lowest

Average.

..

Lowest

Lowest

880

San/ord—

.

92-7
42'3

Utile Rock.-

.

98-0
BS-0
77-0

81-3
63-0
78-4

Highest.... 100-0 se-0

tUghest....

83-4
38-4
60-9

190 49-8

AKKANS'j

81-6

Ardur^HUhest....

.

85-0
45-0
82-4

FLORIDA.
Lowest
Average.

Average.

91-0
40-0l 30-0
80-9 66-9

'^aeksonviUe,

Cedar Keys.
Highest...

Lowest

800

910 800
60-0 800

Bom*.Lowest

Highest....

89-0
58-5
70-8

80-6

80-0

Average.

98-0
48-8

80-Oi 7;-o

Leland—

92-0
480! 55-0
73-3 7G-6

950
620

660

Forsyth.Highest..
Lowest..,
Average..

75-4

97-8
62-0
80-2

95-2
51-8
75-2

84-0

67-1
82-0

.

900

90-4
63-4
78-0

Average.

Highest...

74-4

6I-(

960 690

Average.

480

92-0
6U-0
7a-8

1000 98-0 1010

98-0 107-0

620
810

Lowest....

ao-0
66-4

63-3
76-9

98-0
80-0
81-0

Highest....

91-9; 85-0

83-0
66-0
79-0

Macon.—
Ijowest..

Average...
Oreenvitle-

73-8
37-8
67-2

91-2
B8'0
78-2

Highest...
Lowest..

_Average...

Lowest

91-8
61-0
68-5

Oolumtms.—

Highest.

Highest...

910

90-8

Savannah.Highest..
Lowest...,
Average..

88-7

90-0

83

Brookhaven—

49-4
78-8

GBORQIA.
Average...

Lowest

89-1

Columbia

Lowest

80-0
41-5
67-9

80-2
48-U

80-5

90-5

Average...
94-5

Auautta.—
Highest.

Vicksburg.—
Highest...

1.1

Highest..

Average...

Lowest ...
Average ..

47-8
69-9

Charleston.-

Lowest

94-0
33-0
69-3

79-4

702 630

87-0
69-0
78-5

94-0
80-2
76-9

91-5
58-0
75-0

S.CAROL'A

—

78-8
37-5
60-9

57-5
76-0

590

940

930
650

8B1

Average...

91-0
40-0

72-3

Hlguest....

flOO
79-7

9B-0
58-0
77-8

Lowest

89-0
39-0

640| 81-0 68-2

92-3

79-5

Average...

80-5

Stateburg.
Highest....

77-0
45-0

920

680

Highest...
98-8
S9-4
80-5

950

Highest...

94-0
44-0
70n)

MISSISS'PI.
Columbus.—

8O-0!

.

81-5
S8-0

65-8
77-1

86-0

1885. 1884. 1883.

9.S-0

. .

77-0
33-0
57-5

750

76-2

916

960

..

1886. 1884. 1883.

93-0

Average...

B2-5,
73-H,
83-3'

M-0

83-9

Lowest

93-0
75-1

670 640

88-0
56-0
74-0

78-0
83-9

—

Average...
Paeolet'—
Highest.

93-4
43-7
7-i-2,

.WO

68-0
78-0

93-0
61-0
77-0

91-0
46-3
78-3

41 .-7

84-9

81-1
78-3

820

820
78-0

92-0
73-0
83-3

790

Highest...
lowest....
Average..

Average..
Fauetteville

93-0

61-0
78-0

828
62-9

94-4

63-0

86-0
53-0
73-4

67-0
81-0

Average

Wilson—
Highest....

76-t

77-8

83-0
50-0

90-4
59-f

Highest....

I

Lowest

i

8:

93-0

97-7
60-4
SO-3

.

;

80-2

«8-o!

96-1
67-0

87-0

Higfaest.

.-

'

100-0

8'.-0

Average..

820

Average..

69-4
68-0
82-0

1IOO-7 104-0!1020
61-8| 84-0 63 81

Lowest

Lowest....
Average..
Kitty Hawk-

Lowest

78-7

93-4
65-5

91-1
74-5

102-1
71-5 71-1

..

.

94'.

71-4
85-8

Septemhe.r.

100-0

.

85-0
43-3
71-2

LOUIS'NA.
W. Orleans.
Highest..

Auj/ust.

WUminaton-

Highest

71-5i

L»srti/H/ll-

N.CAR'LA.
.

830

Lowest..,.

2-63
B

VIRGINIA.

Average..,
ITeldon.—

95-9

960
640

93-0

July.

Thermomn't

Highest.
Lowest....

08-0
79-0

Pt. Pleasant-

Obseryations taken on eleven days only.

tror/oBc—
Highest...
Loweat...
Ayera^e..

75-2

77-0

95-0
61-0
78-3

1885. 1884. 1888.

*

60-9

970 98

,W0

900

9J-0

710

Lowest

Average..

1S2

79-4 961
400 400

78-0

90-7

650:

:

Lowest

e-eo
19

13

6

7

Palestine—

Days

Average...

Highest...

4

53-0!

96-H

80-a

I

dubxtm—

2-71

3-22

0-32

Indianola.—
rain..

91-2
6B-0
79-0

Average...

11

2601

a-80

rain..

Days

95-« 101-0
09-5 71-0
80-1 88-8

Lowest

4

TEXAS.

Raintall.in

94-0
66-0
79-7

Average...

Qalveatwi,—
Rainfall, In

96-4
61-9
79-7

Highest...

4-50

Days

Days

93-6
69-2
82-4

Highest...

2-43

3-18
12

Aahtvood—

Kainfall.ln
rain

810

MobUe.—

3

2-S8
IS

13

rain..

«3fi

8O-2I

Lowest

586

Uainfall.in

83-1

Average...

5

I

TENNKS'K.

JtfempftM.—
Ratnfnil.in

18M. 1883.

1886. 1881. 18S8.

1

wort

Days

September.

Julu•

1885.11884. 1888.

BalnfaO.

Days

ThermomeUr]

September.

Vol. XLI.

950 990
68-0 720
81-1

65
98-0

65-0
46-0
72-9

580
74-6

86-0
58-0
83-2

98-0
66-0
86-S

91-0
5S-0

770

98-5
6S-5

88-3

810

98-0
70-5
84-8

94-5
57-5
80-0

81-1

101-5

l Figures prior to Sept., 1884, are for

93-0
61-4
79-6

750

74-91

40-0
66-1

96-0
66-0
81-1

84-0
34-0

630

89-0
41-0
6B-3

94-0
71-0

83-5
42-0

88-5
49-5

66-21 69-0

Greene Springs.

The following remarks accompany the month's weather
reports for October, 1885

:

Norfolk, yo.— First frost of the season October 22.
WeUlon, N. O.— Sliicht frosts on the 5th aud 22d.
Fayetleville, If.
Cotton is opeuinjr rifrht well, but there Is some com
plaintiiboutits slie(ldinp,biit wehope it will not seriously injure the crop.
Stateburff, S.
Fro«t lias formed on seven mornings during the
month, but was conflued entirely to the low grounds, where it has been
severe enough in many places to kill the tender shoots of cotton and
sweet potato vines. On tops of hills there has been no frost as yet. Tn
my g.ai-deu the tenderest plants have not been touched. Snapbeans,
peppers, tobacco aud mango are still green and growing. The weather
generally has been favorable for cotton picking, and many planters

C-

C—

I am Informed.
The crop has fallen very
Few will make as much as two-thirds, and generally planters
estnnate the yield at about the half of what was expected In July, and

have about tinished picking.
short.

some evo n
+ Figures for 1886 are for MUledgevUle.

less than this.
Angusia, Ga.— Light frosts occurred on the 22d, 23d,

and 3l8t.

25th, 26t!i

November

THE CHRONICLF.

28, 1886.J

S/irnnnaA, "a,— Screre|iiU>i'in on 11th and 12tb, oaimluK
dohiK Ki'M' <lrt"'i'R« 1 1 rl<i' iTop.
^.
f'(i/i(iiifMi.<.

rriiMi'

'

.

.

nniiitn

and

,

mill upverti ralim In tnliitpotliin liHrn
Till'
xluof voltoii t'unxliU rablj. Onr reuolpm, wi< iliink, will
c'oiulDK In i|Ultu frcriy, and iilckliiK la
your. Cotion IH

««.-

'I

to:i'

frei|iu'iit

/;,,,,,,.

are the name exports reported br telegraph, and publMiwl la
With rMard to New York wc
the CiiKoNioLA Uat Friday.
Include the manlfesta of all veiwela obared np to Thuradsj
niKht of this week.
Total batti.

'
iii« lii'»vlo/<t fi-oKt iif

l»rit

«19

the »en»on ooonrrod un Novuaibor

Imt not ilcBtnuMlvf, killing only ponito vines, coiostora nnd oi hor
tender plttiito, iiud minio cotlon In low lylnir lan-in.
Fornylh, <;«. — Lowrm iiMniicnitmo for (H'tolior In the liwit Iwolvo
ycari".
Wo liurdly ovit licivi- uniirtlllonH ax niifnvorablo for culton nil
Si'ureoly any k-iMid
tliiiy bavo btcu iliiiinK 8<!i>trmlitr and Orldli.r.
cotton bn^< l)ei'n tiaHieri'il. Tliu laliMiolt'in, wilb ratcriiilluH jum lool
..\ of
wcatliir. b:i« badtt hard time In innttirloit. Tlu< initnil"
','.
tbo MniiiiKr will not bo rinll/.cd. Wo will banlly kot im
On tlio '.((III a lioiivy rain storm oucmii i. :.. ..^.nmnt
AVi II ^)r(/. A7(i
of rMliifall liolnu 6i)ii inibrs iu 17 bonm.
Tiillahassrf, >7rt.-Tlio conilmiouH dry weather has boon Kood for
plrkloK the uoiion. wblub l.s only about bait a crop la this county
<U'on). but bud for full Kurdonn, which RroBtly need ram.
Light frost reported aliout three
Mobile, .4/(1.— Miinlli ([ulto dry.
nillea In tlio i-oiiniry on ^-ZiX and TiA.

Hbw York—To LlTerjMml, prrsteHuixrs Adrlutir, <103

white frost on 2Jd

I"lr»t

A

l..'S.i:t

.

C;liy of .Monlrnal,

Alaska,

5.429
1.390

:i. i.'tft

Hab!^no.^33
To Hull, per steiimor Martello. i.fjr."
To Olasgow, perslenmers D^'vonla, Ul....(^lynipl«,3i>3...
To Havre, per steamer Norm:vndle, 775
Werr4, (170
To Bremen, per steamers M«ln, s.n
To II niburg. per steamers CalMornla. .iTi ...LcmlDg,
To Amst«*rdam, |H<r steamer /'landitni. 74B
.•
To Antwerp, per steamer rennland. 1.301
To Copenhagen, )>er slenmer rblngralla. 00
To Cbrlstlana. pen teainer Tbingvallu, 73

—

TiiscaliioKd, .l/o.-Klmt troBl. on 2l8t.
black or killing frost up to November ft.

..Blein,

14'>

3,

.

4ft4

l,3'.il

1,304
1,098

77B
.

74S
1,301

00
79

per steinnt^r Neustrla, S^i
OHi,KANfr-To Liverpool, per steamers American, 2,837
Bernard Hall, 6,498. ..Carmono, 8,«28.. .Delambre, 2,382
Batumlna,
I>nglslator, 4.050
Discoverer, 3,760

T<» (lenoa.

Hkw

31,034

5,(i.'iO

No

4S3

To Havre, per (teamers Alexander

Balgrano.
Blxlo. 4,422
23,817
5,141,...Corona, «,20-l....lxla,^,75J
4,343
To Kremeo, per steamer Balcarrui Brook, 4,3 1)
To KoVttl, per steamers Petrlann, 2,298.... Sir Garnet Wol9.299
seley. 7.001
0,100
To Barcelona, per steamer (Jrlstobal C ilon, 6,100
4398
To Genoa, per steamer Orpintfton, 4, '*2:I
940
To VeraCru/,, i)er steamer Estaban de Antunano. 940

cotton bloom will perfect or
boll In one niunlb. A bloom of September 21 would, I borefore, l>o safe
from froHl October Ll. Late frost will Increase the cotton crop on
lowlandf.
Setmii. .4/n.— We bad a light frost on the Dlght of theZUt, but not

heavy enough to do any damaKe.
Auouru, ,i((i— Two llichi frusta occurred at this plaoei bat not
eniuiKb to

CHARUUtTON— To

vicinity.
Ht. Ida, Arkansas.— A remarkably dry month, as there has boen only
30100 of an Inchof rain since the ISlhof September— iOdriys. Splendid
weather for picking cotto i, which has been got out very clean and nice,
and Is now nearly all gathereil. Flcklug Is not usually completed until

To Bremen, per steamers Ilarrowgate. 5.600 Upland
9,912
Kathleen, 4,:n2 Upland
3,750
To Uevnl, per steaciiiT Dunedlii, 3,7.50 Upland
6,000
To Sebastopol. per Hteamer Longblrst. (1,000 Upland
1,350
To Genoa, per bark Viltorla, ,a50 tlpliind
1,400
To Salerno, per bark Skndenaes, 1,40) Upland
Savannah—To Havre, per steamer Santlaiiuena, 1,100 Upland. 1,100
Sultana,
To Bremen, per steamers K'lpls, 0,luu Upland
11,810
5,710 Upland
1,810
To Bergen, per bark Anna Howlij. 1.210 Upland
4,650
To Barcelona, per steamer Shail wan, 4,650 Unland
1,000
Pasages, per steamier SantiiMpiena, 1.000 Upland
To
1,026
To Hantander, per bark Amaranth, l,020.Upland
4,800
(jenoa. pes steamer J. M. I^ockwooil. 4,80.i Upland
To
BALVE8TON— To I.iverjrool, per steamers Kcpcbville, 4,078...

kill vegetation.
ilriiiLiI VoUan, /,«.— Tho tine weather throuRhnut the month has been
eniincntiv ruvorablo to cotton Katberlnif, and thoi'gb the fui'inors
have liciii haril at work, the lb Ids are still white. Cano, loo, looks line.
fiil,iiiih:is, J/i»<.— Frost on the 'Jlst, but no damage.
I!r<i;l.h,ircii. .Ui»».— Llfht frost on 1-itb, 15th and Uilh ; killing frost
on J2d. Crops nearly all Katbcrvd. About half a crop of cotton in this

New Year.
A r/.-.— First frost on the4tb. First killing frost on the 21st.
Ashwooil. feiiii.— Light frost on Ibo 5th, 7th, 9th and 2 1st. Heavy
fro»t on the J.">Ib, 25tb and 3 1st. Thin Ice on the 22d and 24th.
Paltttine, Texd*.— Frosts on the 11th. ^Oth. 22d and 2S)th.
Cleburne, rej-o*.— Frost" on the I3th, 20th, 21kt and 2itth, but not
killing. About one-half the crop of cotton is gathered, and is coming In
freely. The niovemeut Iu grain Is sluggish. There has nut bceu as
muoh ralu as needed for griilu, but much is sown already, and there Is
probably an increase in acreage over last crop. Com turns out well,
and an abundance is raised. The month has beeu simply unexceptionable In weuthur, and passed out with glowing prospects.
the

lil»r( Siiiilh.

Cotton' Spi.vnning .\.nd Weaving Mills in India.— We are
indebted to Messrs. Lyon & Co., Bombay, for the following
very complete statement of cotton spinning and weaving milla
working and in course of erection in India on June 80, 188.");
X

cgwjg
X- J- J.

i-

^S

Sa'agnB
1^4 -0B2;£5rH

,

;b

and

211

1

Coventry, 4 ."iOl ...Edraondsley. 3,513
BelUnl, 4,260
....Phoenix, 4,201... Propitious, 4,800.. .St. Muugo, 4,323 29,706
4,771
per steamer Queen, 4.771
To Havre,
948
To Vera Cruz, per steamer Harlan. 918
1,805
Liverpool, per bark Charlotte and Anna, 1,805
Wilmington—To
WyNorfolk- To Liverjjool, per steamers Eduardo, 5,933
8,106
dale, 2,171
5,650
West Point— To Antwerp, per steamer Hartburn, 5,650
1,750
bark Beatrice Havener, 1,750
To Ghent, per
BALTI.MOHK— To Liverpool, per steamoi s Barrowmore, 3.328
4,955
Peruvian, 1,627
500
To liremen, per steamer Nurnberg, 500
Norseman,
Boston To Liverpool, per steamers Iberian, y64
4,267
1,78!".... Palestine. l,o44
02
To Halifax, per steamer Carroll, 62
PaiijiDELPiiiA- To Liverpool, per steamer British Prince, 1,170 1,176
•

—

—

216,215
particulars of these shipments, arranged in our usual
form, are as follows:

The

X

-

.

c

;

»'

3

o ®

.

1

i

3

:

:=*.§..: 5

5 _St=3»:

*
'.

--^ ^>
o^
:

;

lUval Antw'p, lona, Genoa
Breiiiei (tml Bergea Pasagesand
md <£• San- .5a/dt Uam- SebastATC'
onni Havre, burg. topol. nhent. tander. erno.

"

5*

.-4

Ams'dam, Barce-

I

eg'

Ss3|5-Si-'5

.

•

;

5,il9
Orleans. 34,o.?l
4,173
Charleston,
.1

-:

M

;

s

11==! If

IT

^
" WCSMMMM^OD
*

C^J-CCrf-OCS:
QCOCOOOO 0030
OQ

= B

c
i

Ft

I

M

•1

I

=§2^-

=-

iE.
to

Oi
>(^
/_

/_

/ i

&;«
c/*o
xoa

i

I

X

l-t-l~IX

I

'

X

!^?

- S B »

_

= = •"5H

3i

^

_ =

-!

I

-I to.
be

I

0Dt9

»

9,7)0
i,2i6

(i,^ii

?1

8,l0tJ

7,100
4,.!(i7

5^55
4^29

1,176

1,176

4,95.5

50O

2,6-2.').

9oe M

For Havre-Nov. 24-Steanier Cydonln, 1,«02.
For Bremen- Nov. 20—Steamer Roblala. 5,700... Nov. 2l-3teamer

'<3 3 5 o

£

o

h-

w

K.Sli
11.810

8.^3
4.'^23
2,7.>0

6,10J

Total... 93,951 30,163 29,462 19,049 10.659 12.776 13.228 210,215
Included In the above totals are from New York to Hull, 4,390 bales,
to Glasgow, 454 hales and to Copeahagen, 135 bale>; from New Orleans
to Vera Cruj, 910 bales; from Galveston to Vera Cruz, 948 bales; from
Boston to Halifai. 62 bales.
Below we add the clearances this week of vessels carrying
eotton from United States ports, bringing our data down to
the latest elates:
Qalvestow-P.t Liverpool— Nov. 21— Steamer Regius, 9,161. ...Nov.
21—Steamer Kegal, 6,691.
B'or Bremen— Vov. 21 -Steamer Hohenzollom, 4.097.
Haw OKI.BAN8— For Liverpool— Nov. 23-8teamers Cadiz, 4,553: Peoto,

O - B »

3-

~

i-^r

Norfolk....
West Point
Baltimore.
Boston
Phlladelp'a

I, loo

Total.

16.982
83.056
26.885
4,800 25,590
35,425
1.S05
8,100
7,400

2,049

:i.>*97

23,M7 4,343 9.29J

javannab..
Galveston 29,706
Wilmington 1,805

<S'

:

775

Sew VorK.

'

.

J.

4,473

Total

1=3

li JLti

steamer Prior, 4,450 Upland

Ijlverpool, i>er

Sea Island

r?x^3
- ox.-

Breina, 4.G02.

For (Jenoa— Nov.

2|.?
'

f

Ed

iT

6,125.

For Barcelona -Nov. 31 -Batk Altagracla, 1,643

'i

2

2^— Steamer Caoulc*,

CBARLESTON-For Liverpool -Nov. 20— Steamer Azalea,
21-Bark James Kenway, 800.
_

_cj<poai5»wcsp

-1

a*.
otb
-JO

a 3

j^

5,014. ...Nov.
„_,
Nov. 23-Brig
^,

Savassah-Foi- Brenieu-Nov. 20-8teamer Bedouin, 5,911 .. ..Nov. 24—
Steamer .Vmaryllls, 5.0V'.
. _,,
..
_w
Wilmington - For Liverpool— Nov. 21— Steanior Cyanus. 0.245; oarK
Deodata, ,!jC5.
„
NOKKOLK— For Liveriiool-Nov. 20-3teamer Mounts Bay,
Nov. 24— Bark Semantha, 3.520.
".

»3223
B^2,P —

—

K3e

I

«M »0 O W --3

.

I

-» _ r c
CM

3

SHiFPiNa

=

News.—The

I

-

^a

A.

1

CO

."«

p.;

ml
1:1

exports of cotton from the United
States the past week, as per latest mail returns, have reacht d
216,215 bales. So far as the Southern ports are concerned, theee

r,/^n

,.200....

Nov. 20—
1,628
Steamer Ceiibalonia, 961.
•
For Yarmouth— -N'ov 31— Steamer Alpha, 69.
For H.ilifax— .N'ov. 21-St«'.amer Worcester, 70.
—
BALTiMoitE— For Liverpool— Nov 21-8teamer Oranmore,
.
PHiLADELPtUA— For Llverpnnl-Nov. 24 -Steamet Lord Oongh,
For .\titwerp— Nov. 24-Ste iiner Switzerland.
Below we give all news received to date of disasters to veisel
carrying cotton from United States Dorts. &c.:
CURMONA, steamer iBr ), from New Orleans for Liverpool, was MCroiind
Nov. 24 on a mud lump, throe Huarters of a mile from the Jetty
channel. Her position Is not considered daugeroDS. A change of
wind to the southeast will cause a swell and tlien she will probably
loosen and go through the lump.
^^^
Petbiana. steamer (Br.), from New Orleans for Reval, put Into Newport
News, Nov. 22, to coal, and remained In i>ort. 24th to dtsoDarKe
pai t of cargo on account of ballast tanks leaking.

Boston— For Liverpool-Nov. 19-8teamer Iowa,

©"a K

_

THE CHRONICLE.

620

Bio Grande, steamer, of the Mallorv line. wUicli left GalTeston, Nov.
20, bound for New York, arrived at Key West, Fla., on Monday,

with the cotton in her forward comuartment, lower
hold, on Are. The compartment was flooded by means of steam
pumps and Are engines. Her oarpro consisted of 4,000 bales of
cotton and niercliacdise, on which there is an insurance of
$260,000. The vessel began to discharge on the 2'lth, but the
extent of loss cannot yet bo ascertained.
Cotton freights the past week have been as follows:

23d

inst.,

Hon.

Satur.

H

....

e.

6l«

Ha

e.

—

....

8all...(t.

Havre, steam

Do

sail

Do

Do

sail

—

Do
Do

....

38

H

61a

—

'16

'le

%

38

....

....

e.

....
;

=i

40*

n

d. 15ei®932

sail

H

^
§

8all...c.

steam

...

'la

:

40*

40*

40'

40*

Amst'd'm, steam.e.
Keva.',

5,6

^16

hi

-.-.

8all....e.

Hamburg, steam.o.

%
—

;

*

:

Tie

Bremen, steam..

Fri

Thuri.

Wednes.

^
—

^

hi

....

liTerpool, steam d.

Vo

Tuet.

...

I6g4®932

1^48»32 15643933 16m®932

e.

Barcelona,8team.e.

932

^33

932

933

7^2® k

7s2®<4

^Si9^

73; ©I4

'32

many

[Vol,.

XLl.

cases favored buyers, but there

is no general decline to
to-day decidedly weak.
The wheat market has shown a good deal of depression in
the speculation in futures, and wheat on the spot, except
choice samples, has slightly declined. The weakness was due
to the reports by cable that indicated an early re-establishment of peace in Southeastern Europe and the attendant
decline of the speculative confidence which the outbreak of

note, although the close

is

war had

excited. The lower prices were followed by some
spasmodic business for export, but shippers generally declared
that our figures were still above their limits. To-day rumors
of an important failure on the bull side at Chicago, where the
most of the visible supply is said to be carried, caused a sharp
decline in futures, but parcels on the spot were taken more

freely at the reduction.
DAiLr OLOSina prices op no. z red wistbr wheat.
Sat.
Mon. Tues.
Wed. Thurs,
96I4
Ill elevator
9512
95
December delivery
f'6^
9538
94^
9538
s
97-''8
98 "a
January delivery
9614
96%
a
100'4
February delivery
-9918
gsia
98%
"S

JV."-

93
93^*

•

94^8

96%
98H
lOS^a 104% 103%
May delivery
10314
lOl'a.
933
»32
Trieste, steam...
%3
Ss3
The market for Indian corn has sympathized but slightly
^^32
^32
^32
Antwerp, steam. .c.
H->
* Fer luo lbs,
with the course of wheat. The export demand has continued
LrVEEPOOL. By cable from Laverpool, we have the following on a fairly active scale and the supplies available for immeWe diate wants are still very small, while the evidence of the
statement of the week's sales, stocks, &c., at that port.
low
add previous weeks for comparison.
average quality of the new crop increases, causing prime
samples to be held with much firmness. There has been at
Nov. 20. Nov. 27,
Sov. 6.
Nov. 13.
63,000
60,000 times some irregularity as between early and late deliveries.
bales.
46,000
54,000
Bales of the week
2,000 To-day the market was rather easier and the tradings com2,0c
3,000
2,000
Of which exporters took
3,000
Genoa, steam....!!. 'ss*"*

932

c.

March delivery

a

[1007,

9,'.3

—

—

Of which speculators took..
Bales American
Actual export

Forwarded

— Estimated
Of which American—Estim'd

Total stock

Total import of the week

Of which American

Amount

afloat

Of which American

1,000
37,000
6,000
16,000
383,000
265,000
84.000
73,00t
183,000
175,000

3,000
43,000
6,000
13,000
394,000
280,000
82,000
73,000
199,000
193,000

3,000
45,0c
6,000

16,000
389,000
274,000
74,000
59,000
225,000
220,000

45,000
7.000
19.000
415,000
306,000
107,000
90,000
255,000
250,000

The ton© of the Liverpool market for spots and futures each
day of the week ending Nov. 37, and the daily closing prices
•f spot cotton, have been as follows:

paratively small.
DAILT CLOSINO PRICES OP NO. Z MIXED CORN.
Sat.
Mon. Tues.
Wed. Thurs.
[n elevator

54Ja

54ifl

Deceaiber delivery

53%

5Shi

January delivery
February delivery

50
49

50
49

48

4SI4

May

delivery

49%

Fri.

55H

5534
5314
5014

53Ta
503a

5378
50i«

•a

49%
48%

48

49 14

48
K
Oats have been fairly active for speculation throughout the
week, and lots on the spot are held with much confidence, but
the regular trade has been slow and the export movement decidedly checked and today, in sympathy with the general
depression, prices declined somewhat, and the close was with
an unsettled feeling,
;

Samrday Mondtty.

Spot.

Market,
12:30 P,.u.\

Steady.

Mid. tlpl'ds
Mid. Orl'ns.

Tuesday.] Wednet. TKurid'y,

Harden'B
tendency. Harden'g

5") 8

10,000

500

500

December delivery
January delivery

514

5J4

12,000
1,000

15,000
1,000

12,000
1,000

5'18

8,000

Bales....

DAILT CLOSING PRICES OP NO. 2 OATS.
Sat.
Hon. Tues.
Wed.

Firm.

514
5^8

53j8

Bpec.&erp.

Harden'g
tendency.

FnOa

51a

Futures.

Firm

Firm at

at
1-61 ad-

Market
12:30p,

Market,

l

5 p. M.

\

vance,
guiet
but
steady.

Quiet.

Steady.

Quiet at
an adv.

1-64 ad-

vance.
Steady.

BarolT

Steady.

steady.

The opening,

highest, lowest and closmg prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unleHS
Otherwise stated.
The pruea are given in pence and 6Uhs, thus: 5 62 means
6 62-64<i.. and 6 03 means 6 3-64(J.

or

Sat. Nov.

121.

Man., Nov. 33.

Oven High Low. OU». Open Hioh Low.
d.

November

..

d.

d.

d.

d.

511

5 11

511
SOU
sou
510
612
515

511
SOU
509
510

6U

5 19
5 22

5 19
6 2i

Nov..Deo... SOU

50«
so» 509
Dec-Jan
Jan.-Feb.... 9 1b 510
Feb.-March 812 512
March-Apr 515 5 15
April-May.. 51U 5 19
May-June... 5 22
June-July.. 5 26

5 22

5 12
5 15

526 526 388

WednM., Nov. aS.

d.

512
509 510
5 09 SOU
510 510
5 13 613
516 316
5 19 510
5 22 S28
5 26 627

d.

Clo».
d.

511
509

512
510
509 509
510 510
S13 5 13
518 516
519 510
5 22
5 26

Tnes., Nov. 24.
Open Bigh Low.
d.

d.

d.

Olot.

5 13

511

511

5 14

5 14
."in

511
514
517

5 23

5 20
5 24

687

627 5 27

5 20
5 24
5 27

Than,, Nov. 26.

517

."ill

f>U
517
B?n 5 20
524 5 24

Frl.,

5 27

511
5

10

Bigli

d.

November ..
Nov.. Dec...
Dae.. Jan ...

i
3

d.

613
511
510
511
513

SIS
511
610
511
SIS
616

Low.

Not. 27.

(1.

Cloa.

4.

513 5 13
611 611
6 10

5 10

611
513
618

AprU-May..

511
513
5 16
616
5 20 6 20 620

Hay-June...

3 24

Jan.-Feb....

eb.-Uarcb.
arch-Apr.

Jtine-July..

5 20

584 6 84 524
627 5 27 5 87 S27

Open Bilh Low.
d.

d.

613 5 13
511 611
510 5 10
511 511
514 514
6 17
6 20
5 84
5 21

d.

6 13

610
510
R11
nl,S

517

516
5 20 519
S84 5 23
5 8?

5 27

85

SpilngNo.Z
Ksd winter. No. 2

92
93
80
85
40
55
54

Bed winter
White
West. mix. No. 2.
West, white
West, yellow

White Southern .
Yellow Southern.

Thurs.

Fri.

34%

3514

36%

3538
36>3

53

'i

64 »
and Canada... 68 «
Oats— Mixed
33's9
White
94'a
37 «

Kye— Western

I

It

03
94

State

8102

9
9
»
a
®

36ia

42

34%» 35%
No. 2 white
3b%i» 39is
Barley-^fo. 1 Canada 93 ® 98
No. 2 Canada
80 a 82
Htatd, two-rowed
67 « 70
State, six-rowed
75 » 85
No.2mixed

9-4

.>6i3

56'4

58
57
62

66
70

m

We

Flour.

WTieat.

BbU.XMlbs Bush.60 Ibn

d.

Cbloago

Toledo

112,130

Milwaukee

510
511
513

oetrolt
Cleveland.

S 16

519

.

Peoria

00.969
7,855

Dnlutb

Fridat, p. M., November 27. 1885.
In the flour market the offerings have been rather
more
liberal, holders have shown less
firmness, and prices have in

3514
361*

57 »
Western
65 » 80
53 9 57
Buckwheat
53 <!>
The movement of breadstuSs to market is Inoicated
the
statements below, prepared by us from the figures of the New
York Produce Exchange.
first give the receipts at Western
lake and river ports, arranged so as to present the comparative movement for the week ending Nov. 21 and since July 35
for each of the last three years:

5 13
5 10

BRE ADSTUFFS.

®
®

spring, per bnsh.

Oloi

5 83
5 27

36

OBATR.

Wheat-

ReeUvts atr-

Open

3KI4

February delivery
36^3
37%
37
se^g
Rye has met with a fair demand at steady prices. Barley
meets with a brisk inquiry ani holders show much strength
at improving values.
The following are the closing quotations:
FLOUR.
Fine
^bbl $2 50 9 3 40 Southern bakers' and
auperline
3 25
3 65
family brands
$4 759 5 50
Siiriug wheat extras. 3 25 a 3 65 ByeUour
3 20a 3 4&
Minn, clear and stra't. 4 10a 5 25 Corn meal—
WintershippVextras. 3 50'> 3 80
Western, Ac
3 10» 3 25
Winter XX <fe XXX.. 4 l.=>a 5 10
Brandywlne. *o
3 25« 3 SO
fatents
4.50a 5 75 Buckwheat Hour, ip
City snlpplugux
3 75a 5 00
lOJ lbs
2 10® 2 25
South'ncom. exttas.. 4 10a 4 65'i

C>ni— West, mlxua

d

513 5 13 513
511 511 5 11
5 10 510 5 10

35%

35 >a

a. Loaia

3,417
..

...

5,429
26.920
2,045

Tot.wk.'SS

321,299
165,895
135.240
140.387
11.810
186.148
7.140
577,000

Com.
Bttsh.Sii ths

772,564
14,900
49,400
31,(29
20,000

Barley.

Oats,

Bush.32

lb.1

532,605
21.170
3.421

887,005

7,589
12.000
91.614
289.805

627,l<80

•

881.351
313,095
4.000
40.051
9,800
130,813
8.400

41,441
8.U0O

76,678
67,964
231,595

248,784
278,000

1,4«4.919
3,052,686

1,642.788
1,76«.834

l,014.a94

788.713
6U5 100

250,935,

2,480,026

8,151,882

1,407,784

BS 1,320

8.694,900

31,813,941

31,020,143

25,140 540

8.278,041

3.08U.905

Same wk. '84
Same wk. *83

07,8J4.348

89.521.'

28.305.7,1?

7,111,(188

26.855.715

8,300,932

902,194

Itye.

Buah.ialbs IlMh.S9t»3

1,573

81,565
5,200

8<nce Jut]/ 25

1(«5
1864

3.47O.460I 4n,U19.0'l2

The exports from the

endmg

48.fl23

OSO

1,661,323
2,957.088
4,347,671

several seaboard ports for the week
Nov, 21, 1885, are shown in the annexed statement;

NOVEMBKR
HrportM

THE (JHRONIOLE.

28, 188fi.]

Wheal.

BoHton.

Bath.

Ijs,rifl4

2*3.^0.%

8,000
10.740

01,79 J
34.201

.S2,5:(9

2^,<K)i>

10.002

8.532
189,073

1,020

802

393

9.793

232,705

572,103

111.493

131,496

s;91,154!

How York

Corn.

Bualt.

from—

540,239

183,294

18,502

.

MontrtMit.
Pbllmt.-l..
Biilllin'rr
N. Oil'iia.

Flour.

Bye.

Oalt.

Bbtt.
.^^.ll8
C3,88t)

Biuh.

Peat,

Stuh.

BiiiK,

1.427

32,970

122!2ed

Klclun'il

N. Setts.
Total w'k.

123.723

8'iuu time

1884.

30.750

The

73,596

We

odd tba

deattnation of these exports is as below.
oon^espondiiK period of last year for comparison:
Flour.

Cam.

Wheal.

1884.
Week.

1885.
Week,
Xov. 21.

to-

.Vop. 22.

Bbl$

Cn.Klog.
B.A

C.Am

w.

Imllps

.',8

43

10,200
10,020

Otli.o'n'U

144,493

Hot. 22.

By addinf?

1884.
Week,
Nom. 22.

305.835

402,191

375, 995

6:;8,3l3

125,H4'5

1«

31,437
5.09C
3,018
1,425

157.347
4,209
2,020
28

232,765

994,151

572,103

Buth.

785

Total...

1885.
Week.
Not. 21.

'9

100.240
10,087
10,789
13,220
21,952

Brit, col's

1884.
Week.

Btuh.
40.547
183,209

BblM.

101,594
442

Oontln'nt

1885.
Week.
Nov. 21.

183.294

Bush.

540,239

week's movement to our previous totals we
this season and last

this

have the following statement of exports
«eason:

WhtaU

Jlottr.

18W.
Auo. 24

1884.

AUQ. 23

U>

iVoi>.21.

to

H

to

Bwih.

BUj.

Blil>.

Awi.

A'uo. 21.

.Von. 22.

Cbm,
1S»*.

I88S.

1884.

188S.

Arm. 23 to Awj. 21 U> Aug. 25 to
Kov. 23.
Nov. 21.
Nov. ai.
Busk.

Bush.
8.3i*7,316

7.990.177

2.786.038

1,809.372

9,437.094

2,051.361

202.J41!

2.306

29,254

603,088
22J,178

Weat

Indlei.

2:)r.2«,s

Sti\.V«»

4,107

Brit. Col'nlM

20-.75J
8,680

223.K28
8,762

16,320

131
13,137

412.455
94,949
25,148

1.75^,501

2.132,2-5

6,125.887

17,S77,232

Toul

19.685

8,174

10,593,975

8,991,013

The visible supply of grain, comprising the stocks in granary
At the principal |X)ints of accumulation at lake and seaboard
ports, and in transit by rail and water, Nov, 31, 1885
Wheat,
Com,
Oals,
Barley,
Bye.
:

In tl»re xl—

bush

HewYoiK
Do afloat

10.035,087
952,000
2,000

Albany
Buflalo

4.23-',877

ChicaRO

Do

13,487,'.^92

Milwaukee
Duluth

2,437,985
1,750,160

Detroit

Oswego
8t. Louis
CiDCtunatI (14tb).

Boetou
Toronto
Montrpal (14tli)
PhUadelpUia
Peoria

249,000
2,662,717

167,340
242,.502

.

Indianapolis
Kansas City

Baltimore
Minneapolis
St. Paul
DownMlBBlbSlppl.

135,508
420,294
975,772
3,905
192,931
891,642
1.441,194
5.845,394
1,023,600

Domestic Woolen Goods.— As regards new business,

49,030
14,868
122,000
255,301
3,843
91,857
1,409
1,778
155,419
12,078
19,(.38

12.805
117,657

4,401
3,704

101,273
74,887
278,521

40,713
134,370
41,038
32,549
31,442
7,035

jeans icnd doeskins.

1,187.683

928.540
1,036,000

45,783
494,317

227,<;00

564,400

14,500

tricots

and eeaeonable

FoRKiGX Dry Goods.— The demand

for imported goods was
hand-to-mouth character, and light in the aggregate amount. Some fair-sized orders for spring dress goods
were, however, placed for future delivery, and moderate sales

of seasonable dress fabrics, silks and velvets were effected by
means of relatively low prices. Men's-wear woolens ruled
quiet, aside from worsted suitings, in which there was a fair
business. Linen goods were quiet and unchanged, and there
was a somewhat better demand for handkerchiefs, embroideries, laces and other specialties adapted to the coming holi-

bush.

111.352
8. SOU
0,800
23,476
273,517
5,U56

25.000
7,030
1,019,800
133,201
88,219
39,326
25,792
20,514

8,361
109
2,497
13.081
63,GJ9

"6i'2

44"4fl5

•3

1.525
8,175

3

day

Importatlonfi of Drjr Goods.
of dry goods at this port for the week

ending Nov. 30, 1885, and since January 1, and the same facts
for the corresponding periods are as follows:

1

444

ii?.

634

4.140.202 2,966,216 3,039,045 630,627
4,110,070 3,533,487 2,581.314 605.698
4,22li.407 3.482,072 2,446.910
008,448
8,884,165 5.987,600 3. 'i7 1,227 2,343.056
4,079,511 3,497,843 3,351,U05 1,159,294

§:

11

4.816

9.204
16,600
24,943

trade.

The importations

o
M
QCr

o:

Tot. Nov. 2l,'85. 54,535,343
Tot.Nov. 14, '85. 47.1107,012
Tot. Nov. 22,'84. 38,178,939
Tot. Nov. 24. '83. 32.251,158
Tot. Nov. 25,'82. 20,118,512

Ladies' cloths,

chiefly of a

bush.

368,047
82,100
422,915

was

styles of all-wool dress
fair orders for all-wool

00

47,230
191,.508

it

a quiet week in the woolen goods branches of the trade, but
there was a fair movement in fancy cassimeres, worsted suitings and overcoatinKs on account of former transactions, and
the tone of the market was quite stea-ly. Cloakin^s, jersey
cloths and stockioettes were taken in small parcels by jobbers and the manufacturing trade, and desirable makes are
well sold up and firm. Satinets were in light demand, but an
improved business was done in leading makes of Kentucky

148.448
110.000
05.600
234,118
150,300

:j,107,026

Toledo

On rail
On lake
On canal

425,9 29 1,485,227
431,500
30.000
21,600
119,524
5,975
249,007
85,130

47.000
3.071,060

attoat

wear.

3i;373

biish.

bush.

—

fairly steady in price.

4,2»3.357

150.310
171,774

25

and other colored cottons at steady prices. White g'>od8,
quilts, scrim curtains and table damasks were severally in
fair rrqui'st
for future delivery. Print cloths were leas active
than of laif, but prices ruled steady at 3!^c. for 04x648 and
8/i@2 13-160. for 56x60s res^pectively. Prints continued quiet,
but there was a freer demand for dress gin>:ham>< an 1 crinkled
seersuckers for the spring trade, and liberal orders were
placed for staple and fancy cotton hosiery and spring under-

S4 594

1.310.829

2i3.»7.'>

Oth. ooantr's

in some quarters, but bleached goodi were lightly
Cottonades continued in pretty good demand, and a
molerate business was done in aenims, cheviots, tickings,
in.

94.511

Btuh.

i.o:s.,s5o

Continent
fl.iC. Am...
.

more active

goods were in light request, but some
and worsted dress fabrics adapted to
the coming season were placed with the mill agents. Flannels and blankets continued in moderate request, and there
was a light business in c.irpets, while wool" hosiery, knit underwear and fancy knit woolens were comparatively quiet, but

On. KlnKdom
.

responding time in 1884 and 127,310 in 1885. There was an
irregular demand for staple cotton goods at first hands, and
the jobbing trade ruled quiet. Brown sheetings were rather
dealt

SxporU
forteeck

attended, and the competition was bo spirited that the enlire
was readily disposed of, but at rather low prioM.
Domestic Cotton Goods.— The exports of cotton goods for
the week ending Nov. 23 were 1,934 packages including 833 to
Great Britain, !10i to Haytl, 156 to Saadwioh Islands, 134 to U.
S. of Colombia, 00 to Mexico, &c., making the total ex|>orts
since January 1, 105,931 packa;(es, ajtainst 116,072 for the oor.
offering

8't,733

24,U90
2,077

621

If

<1M
h-^
tocp
QbO

8:
g:
;

i

:
:

1

:

1

;

:

S

i

j

•:

FitiDW, p. M., November 27, 1885,
Owing to heavy rainstorms in the foro part of the week and
the intervention of a holiday (Thanksgiving Day), business in the

wholesale branches of the trade has been restricted in volume
during the period under review. There was, however, a fair
demand for certain spring and summer fabrics by package
buyers ou the spot, and very fair orders were placed in this
connection with salesmen travelmg in the West and Southwest. Staple cotton and woolen goods were mostly quiet in
first hands, but a few large transactions in the former were
stimulated by slight price concessions and "dating ahead."
The jobbing trade was adversely aflfected by the unfavorable
weather conditions alluded to above, but a fair distribution of
department goods was made in execution of orders, and a considerable business was done in specialties adapted to the
coming holiday trade. The feature of the week was a peremptory auction sale of about 700 cases white blankets, the
manufacture of the'Willowdale Company. The sale was largely

Si

T

MCO
catQXOtw
-Jik

to to tot: CO

C0«D-JtO»

»0Q0Oif>^M

X03rf^W-4

H-

oco
OtO
coco
ctto

cc A-

t<t

01 10

ttJO^CO**.

C0<13;*-M

c

qSo
KifD

1^

t9IO

M

COlv

CK/tOKiOiUi

u

<»r)

E3

H
a

Off*-

feOc;tKixco

OitO

Win

tOQDCnCOO*

a>0

© ^©
o arts
a OCi

tOKiH-M
> K. -J- ^
^JDXWl**

t-»

on

o
00

C,/tU

rou
•^u
O*o-ro

»0

^XOCOD

tt

«

to to

tCQig'toi-*

Voooc3ic;<

coco

xi:^Ccj-q

WJO-l-JJCJt

MCJ"C^^I

Mi^
to It*
COM
ecu

CI

« (--I
ax
!»*

|fr>

ox
en XI

5S5

o ^w
o S§

cc

CO

o
th.

to

o
»1

<i-

<PO

Xif>>tOtCW

aw
WW
tox

i^ucctcc:
I

cc

WW*vO

o5 »©
lF->tOO<>

**M*vJ*-»0
!

-

3X
* C O — to
J*i -•

Cf«,t*«JW-J

totowtcto
oo xxa>

w<l

WXCCOiU

h-tO

©a

ioo:»--icoo>

fcOM
O0-4

fcOi-'

0«

wc;<

- J

C0i»<XO*»
V-'U'wi-b
ODWw:o»>
tOQsMqSCJ

COMCOtCCO

lUCCW^i-'

*x

-•^ox

w -' low
x
o
O

•

Otf^W'-CCO
-l<^X)t»i^
-lu^^^.fc.
VDOilPCXfO

i^-

M»0^i->
^-

^«-J

rc

^c;«w — !0
OaWi**ivOa

t.vo

a>

CP
03

w't-

c ^ ro « X

xto
opt

CD to _<J-Oit^*^<Xt_

Oi*^
<Hij

Oo'CCCXX

CO 00

U O" O ?l -4
tc
ti D -J

-

a
CO
w
^
^1

tOifl I;lfk •^

WtOl-MW

QOO

tteo<i>^x
t-:

X}U xco

Q0C^'I-'!0O

occ<i-io

0JO — « w

(0

THE DRY GOODS TRADE.

I

^10

mW

'£QO^]»OCO
to

M C: -l Ui

MCJ.rf^WOi

*-OC;

»M

w»

(xaiN-aci»

»o«-wc o
O C Xo^

tOrOCOUO

bsV
>-M
—

op^wca*-

M

O X 00 tj <i
o-ccooo

»J*.
!0>-

«*-

*.QD T

CM

tob'-JMIO

^w

c X ;c to -D
;»• -1;1W
— wcww
—

^cn:^cj>(0

CO

x»

y^i^

tc 30

A ^: JD

£3'

THE CHRONICLE.

622

[Vol.

^ttOXMCViS.

W.

William

Wf^isceXUnmxtS.

623 WAIJfUT &TKEET,
I'-lUIadelphia, Fa.

Corporation, Transportation and Commercial Law.)
HKli>EKKSCE8:— The Trust Companies, Tlie National

Banks and

Itallroad

ibe Judges

*rf

Companies in
any of the Courts.

PliiJadelpbia.

and

Fabius M. Clarke,
ATTOBNEV AT I^AW,

Commercial and corporation law and municipal
Circuit

Banking
New
Eastern
Bankinff Co and Gen. F. A. Osbor Boston, and the
t
Osbom, "
Bank of Topeka. Topeka. Kansas.
JndffOi Corbln

AOt as receiver, trustee. Kuardlaa, executor or administrator.
It can act as ^Kent in the sale or management of
real estate, collect Interest or dividends, receive
registry and transfer books, or make purchase and
•ale of Government and other securities.
Religious and charitable institutions, and persons
anaocustomed to the transaction of business, will
and this Company a safe ajuJ convenient depository

EDMUND

Moist Letter Copying Book.
(Patented November 26th,

UNIFORM
E.

President.
VlOO-Pres't.

Henry K. Sheldon
C.D.Wood,
Henry Sanger,

Wm. H.Male,
Mich Chauncey,K W. Corliea,
Rloley Ropes,
Wm. B.Kendall, H. E. Pierrepont, Ahram B. Baylls.
JAS. Ross

CUKRAN.

Secretary.

Attorney and Counselor at liaw,
ATI..ANTA, GBORGIA.
PRACTICES IN ALL THB COURTS,
tarporalion ami, Oommereial Law a SpeeiaUy.
Kefers to Judtres Stephen J. Field and Wm. B
Woods D. a. Supreme Conrt. Washincton. D O.

PAID UP CAPITAIi,

Prices Reduced.

^-^-iR

$1,000,000.'

BRITTIN.

J.

-*-

Capital,

Snrplns,

-

This company

mto court, and
Moeiver of

-

Is
Is

-

-

-

.

.

NO OTHER

$3,000,000
3,701,436

estates.

may be made at any

time, and withdrawn aftei
«ve days' notice, and will be entitled to interest for

she whole time they may remain with the company
Bzecutors, administrators, or trustees of estates,
,

and females unaccustomed to thetransaction of busiaeaa, as well as religious and benevolent institutions,
will and this company u convenient depository for
noney.
JOHN A. STEWART, President.
WILLIAM H. MACY, Vice-President.
JAMB8 8. CLARK. Second Vice-Pres't

TRVSTEES:

San. H. Arnold, W. W. Phelps,

Thomas Slocomb,

rJohn H.Rhbadei

Anson

u. Willis James,

Wm

HENRYL. THOKNBLL. Secretary.
L0DI8 G. HAMPTON. Assistant Secretary

811

Co.,

AND

613 CHESTNUT STREET,
PHILiADEKiPIIIA.

.Authorized Capital

tinnnnnr
*

Paid-up Capita";
i:.... .:".:
'sSoiooo
Acts as Executor, Administrator, Assignee etc
Mdeiecutes trusts of every description known to
All trust assets kept separate from those of
the

^

to »60 per annum.
wSF.'^iS'?,?*^^"*,?' 'a."?'".'"
Wills kept in Vaults without charge.
'""*'' '""^ """" valuables taken under

•Srantee

^of V^'t^"*'""^'
Money

Cash Capital
CashAssets

'*''""*'• ''^' ''ePt Ih Fire-

:

NEW YORK

NO. Ill
D. J.

FIDELITY

IHJNTINGDON Henry 8. Kokert REiSfMS"
J

&°^?'w^car. Ai.gi^TO°^!^- ^'^ Chsstek;

THB
ProvidentLife&TrustCo
OF PHILADELPHIA.
Incorporated Third Mo.. 82d, 1805

<CfiARTKB PERPETUAL.)

^
CAPITA^

$1,000,000
ASSETS $15,621,530 63.
_INSURES LIVES, GRANTS
CBIVES MONEY ok DEPOSIT,ANNUITIES onRlr
returnable
d^
mand. oron which Interest is allowed, and Is emiiow
•red bylaw to act as KXECUTOK, ADMINiSIha'
TOKTRUSTBK, GUARDIAN, ASSIGNEE Com"
MITtBE,
etc.! lor

SHIPLEY

the faith
aSdsurplSs
ouipius

President

ABA 8. WING. Vice-President and Actuary.
ABAS W&5«vSS^'^P""'<''''-t-

CASUAI..TY CO.,
NEW

&.

BOIVSS OF

from

SUKETYSHIP

this Company at moderate charges.
The bonds of this Company are accepted by

courts of the various States.

t'le

DEPAKTMENT.
Policies Issued against
CASrAI.TX

A
1

than

THREE AND A QUARTER
THOUSAND

|double-column octavo pages of
reading matter yearly, it presents in an ine.xpcnslve form.
'
ri
^ considering its great amount of
..
matter, with freshness, owing to Its weekly issue
and with a completenesi nowhere else attempted
The best Essays, Reviews. Crit.clsms. Serial and
Short Stories. Sketches of Travel and Discovery, Poetry, Sclentiac, Biographical,
Historical and I'olitical Information,
from the entire body of Foreign
Periodical Literature and
from the pens of the

AMERICAN
SHORT
WHITE
S. NEGLBY
HEO.B. TALBOT
WM. P. WATSON

value.
It is tlierefore indispensable to every one
who wishes to keep pace with tlie events or intellectaal progress of the time, or to cultivate in himself
or his family general intelligence and literary taste.

Opinious.
much

to say that with The Living
the whole Held of current literary activity and it has never been so bright, so comprehensive, so diversified in interest as it is to-day "
—Bostiin TniveUer.
"It has now for many years held the first place of
all our serial publications." * * "There is nothing
noteworthy in science, art, literature, biography,
philosophy or religion, that cannot be found iu It.
It c.intaina nearly all the good literature of the
tinw.''~The Churchmav, New York,
"AS'early the whole world of authors and writers
appear in it In their best moods." * * "The reader
is kept well abr&ist of the current thought of the

"It

is

not too

Age one commtuds
;

maybe

truthfully and cordially said tliat it
dry or valueless imge.^'—JS&w York

otTers a

" In subscribing fop it, our readers will secure more
for their investment than in any other wav of which
we are cognizant.''— iou;a Chuychmun, Ihivcjtport.
" 'oming once a week, i( gives, while yet fresh, the
S reductions of the foremost writers of the day."—
.lontreul Gazette.
" One cannot read everything." * * " >\, man
will
be behind the iitorature (il the times who reads Thk
Living Agk.'"— Xi'u/'.x iicmld. Bustou.
"Jt furnishes a complete c<inipiIation of an indispensable hterature."~c7n'f(fty Evening Journal.
"It saves not only time but money."—Pac<;lc
Cluirchjnun, Sun Francisco.
" It has become indispensable."—JV". Y. Observer
"The best publication we know in the world"—
Morn iiig Star, Wilminijton, N. C.

BROADWAY, NEW YORK.

C.

intcilectis, in

every departmunt: of .Literature, Science, Politics
and Art. find expression in the Periodical Literature
of Europe, and especially of Great Britain.
The Liviiis: Arc, fonnino four large volumes a
year, turnishes. from the great and generally inaccessible mass of this hterature. the only compilation
that, while within the reach of all, is satisfactory in
the OMPLETENKSS with which it embraces whatever is of immediate interest, or of solid, permanent

World.

FINANCE COMP'Y,
KAiSCIS A.

FOREMOST LIVING WUIIERS.
The ablest and moat ciiltivnted

readers to keep fully abreast of the
best thought and literature of civilization."— C'/i7-istinn Adviicule, Pittstyurgh.
"Biography, fiction, science, criticism, history,
poetry, travels, whatever men are inrerested in, all
are found here."— The Watchma/t, Boston.
' Through its pages alone it is possible
to be as
well informed in current literature as by the perusal
of along list of monthlies. "~P/it/.rt. Inquirer.
"In fact, a reader needs no more than this one
publication to keep him well abreast of English perioaicaIliterature."-*i'«*idrt|/ achool Times. Philadelphia.
"Foremost of the eclectic periodicals,"—.IT. Y.

DIRECTORS:

T

—

Ti'ilnuie.
" It enables its

Geo. T. Hone
David Dows,
W. G. Low,
Charles Dennis,
^•Jh Williams, A. 8. Barnes,
J.S.T.Stranahan,H. A. Uurlbut,
Alex. Mitchell
A. B. Hull.
J. D. Vermllye,
S.B.Chittenden.
Geo. 8. Coe.
Wm. M. Richards.

JAMBS

WEEKLY MAGAZINE,

gives flfty-two numbers of
<'Xty-four pages each, or more

"It
never

Full Information as to details, rates, &o., can be
obtained at head office, or of Company's Agents.
WM. M. RlCHAHus, Prest. JoQN M. CRANE, Sec'y.
UOB'T J. HiLr.A s, Ass't Secretary.

96

its

cess.

age."~Zfostf>»i Joui'na}.

accidents causing death or

totally disabling injuries.

Agnew MI)

Kobert Patterson, l"eodo?c knkS;
^2S-J-#®?*«' Thos. G. Hood,
Jacob Naylor,
Edward L. Perkins
PniLADELPHiA; Samuel Riddle, Glen RmiJle Pa
Dr. George W. lleily. Harhisbubg,
Pa^T J Slmnsm

R.

Erastus Wlman.

Nos. 214 & 216 BROADWAY,
YORK.
Cash Capital, $250,000, invested in U. S. Gov't Bonds.
$200,000 deposited with the N. Y. Ian. Dep't, for
the protection of I'olicy-bolders.
Apsets, January 1st, lb»5, $61S!,02e 11.
OfBcials of BauKs, Railroads and Express Companies, Managers.Secretaries, and Clerks of Public Companies, Institutions and Commercial drrns, can obtain

Nead,
« "iS-.A^S^lS"' W- J.Lucas, Thomas R. P?tt^n, JoSn
e. Reading, Wm. H.
D. Hayes

BAM'L

F Wlnslow

THE tlVING
forty-

enters upon

"

TOMPKINS,

Nkw

Torrance, Edw.

feo°K- '*^"™'' S- Glllett, Joseph
iBvS,*,™S'"'-;r,?*™«» P.
Turner, William S Price
V^^^'^P^- Charles

"""="
JS.J^I'.S.?'!;'"™ ,"«security.Its Capita
itmarumish ample

OFFICE:

BROAD1VAY.

Secretary.
York Dirkctors— Joseph W. Dreiel, A, L.
Hopkins, H. Victor Newcomb, John Paton. Daniel

MAHLON

HKOKIVER, AOEN'r.

|SOO,0OC
400,000

Deposit with Insurance Department
214,000
President:
Vice-President:
SIK ALKX. T. GAtT.
Hon. JAS. FKKKIIIR.
Managing Director Edward Rawlings.

received on deposit at Interest.
•A.^.- J^V^- Pres't. JOHN G. READING. V -Prest
8. STOKES, Treasurer 4 SeoretS?
D. R. PATTERSON. Trust Officer.

Africa,

Co.

OF NORTH AMERICA.

P. Stokes,

Charles E. Bill,
John J. Astor.
Robt. B.Minturn
Wilson G. Hunt, John A. Stewarl.lGeo. H. Warren.
H. Macy,
S.M. Buckingham George Bliss,
eunton Gilbert, H. E. Lawrence, William Libbey.
Banlel D. Lord, Isaac N. Phelps. John C. Brown,
Samael Sloan,
Brastus Corning. Edward Cooper.
James Low,
S. B. Chittenden, W.Bay'rdCuttlng
Chas S. Smith.

The Union Trust

BZrSINHSS.

The Guarantee

a legal depository (or moneys paid
authorized to act as guardian or

INTBKBST ALLOWKD ON DEPOSITS,

which

Bonds of Suretyslxip.

AGE

met with continuoua commendation and suc-

-

,

OF NEW YORK,
No. 49 UrAIiI. STREET.

1,1st.

third year, having

I

United States Trust Co.

Send for Price

^SjTN 1886,
.

Saorefary.

^xnst ®0mpatttjCB.

1878.)

WES

Littell's Living Age.

New Yorfe.

Designated as a legal Depository by order of Supreme Court. Receive deposits of money on Interest,
a It as fiscal or transfer agent, or trustee for con orations and accept and execute anv legal trusts from
persons or corporat).i)n8 on as faT'}ratle t«nui> as
other similar companies.
THOMAS HILLHOnSE, President
FRBDBBIC D. TAPPEN. Vioe-Presldent

WALTER

S

In the use of " This Book," th« great annoyance of
water, brushes, cloths, &c.. Is done away ivith— the
book Is ready at all times to copy any number of letters at onco. Parties using same pronounce It the
very thing they want; the copies are clear, distinct
and uniform.

Metropolitan Trust Co.,
Mills Bulldiug, 35 Wall St.,

COPIES.

TIME.
NO ^VAXER. NO BRUSH.
AIiWAYS READY.
L. FAKGO, Sole Manufacturer,
106 LIBERTY ST., NEW YORK

W. CORLIES,

Joslah O. Low, E. F. Knowlton,
Alex. M. White. John T. Martin,
A. A. Low,
Fred. Cromwell,
Alex. McCue.
Joiin P. Rolfe,

A. Angier,

E.

RIPLEY ROPES.

money.

TRUSTEES:

ftondSi specialties.
J. Brewer, U. 6.
Vork;
Co.,

Montague & Clinton eta., Brooklyn, N. y.
This Company Is aucliorized Xtj special charter to
Cor, of

ror

TOPEKA, KANSAS.
Refebencks: Hon. D.

THE KEPT YORK

The Brooklyn Trust Co,

Porter,

Attorney and Counsellor at Liaw
No.

XU.

'

President
1st Vice-President

8d Vice-President
8d Vice-President
Sec'y and Treas.

Authorized Capital Stock, $1,000,000.
Paid In . . . ._^. .
500,000.

Published wekki.y at

5^8

per year, free of postage.

m'TO NEW SUBSCRIBERS for the year
BOUND INVESTMENT BONDS furnished to Sav1S86, remitting before Jan, Ist, the numbers of 1885
ings Banks, Insurance
Companies, Executors and

issued after the receipt of their subscriptions, will be
sent gratis.

Trustees of Estates, and individual investors.
UNITED STATES BONDS, State Bonds, Municipal Bonds, Railroad Bonds, bought and sold.
DEFAULTED BONDS of States, Municipalities
and Railroad Companies negotiated or collected.

€lnb Prices for the best Home and
Foreign lilterature.

CALL AND TIME LOANS made on United States
Bonds and good Municipal and Railroad Bonds.
FINANCIAL AGENCY for railroad companies and
other corporations. Will also conduct the reorgani«atlon of railroad companies and other corporations
whose bonds are in default or whose property is in
the hands of Receivers or Trustees.

["Possessed of Tui: Livixg Age and one or other
of our vivacious American monthlies, a subscriber
himself in comnutnd of the whole situation.'*
—Phihuleliihia Evening Bulletin.']
For $10 50, The Livixg Age and any one of the
American $4 Monthlies (or Harper's Weekly or Bazar)
will find

will

RAIIiBOAD LOANS negotiated.
Circulars on application.

be sent for a year, post paid

LiVlXG Age and the
'

St. Nicholas.

lilTTEIili

4c

;

or, f or

8« 50.

Thk

Address,

CO., Boston.