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HUNT’S

MERCHANTS’

MAGAZINE,

§y Wjctkty Jjkwffpnptv
THE

REPRESENTING

INDUSTRIAL

AND COMMERCIAL INTERESTS OF THE UNITED STATES,

{Entered according to act of Congress, in tlie year 1S84, by Wii. B. Dana & Co., in the office of the Librarian of Congress, Washington, D. C f

SATURDAY, NOVEMBER 29, 1884.

VOL. 39.

At New York the decline

CONTENT8.

NO. 1,014.
from last year readies 18 0 per

cent against 32*0 per cent November 15.
The sales of stock
aggregate a value of $92,015,000, against $128,900,000 in 1883,
Clearing-IIonse Retnrns
and Commercial
591 I Monetary
f>i<2 I
The Financial Situation
English News
597 and if we deduct double these amounts, there will remain for
Our Available Gold Supply
594 Commercial and Miscellaneous
the exchanges arising otherwise $306,881,509 and $424,531,400,
The Erie’s Report
595 | News
599
or a loss of 13 0 per cent.
Outside of New York the exchanges
THE BANKERS’ GAZETTE.
reach $257,975,255, against $282,204,909 a year ago, or a decline
Money Market, Foreign ExI Quotations of Stocks and Bonds 602
of 8*0 per cent; last week the loss was 17*9 per e?nt, and on
change, U.S. Securities, State
Railroad Earnings and Bank
and Railroad
Bonds and
! Returns
603
November 8 reached 10-8 per cent. Presented in our usual
600 I Investments, and State, City
Sto ks
Range in Prices at the N. Y.
| and Corporation Finances... 604 form the returns from the different cities are as follows.
THE CHRONICLE.

Stock Exchange

601

i

THE COMMERCIAL TIMES.

Commercial Epitome

607 ! Breadstuff's

613

Cotton

60s

614

| Dry Goods...

Week Ending
,

dtrxruicle.

Commercial and Financial Chronicle is published in
New York every Saturday morning.
f Entered at the Post Office, New York, N. Y., as second-class mail matter. I
TERMS OF SUBSCRIPTION-PAYABLE IN ADVAN ~E

Annual

6 10

do

subscription iu Loudon (including postage)
do

Sixmos.

do

:

$10 20

{including postage)

For Six Months

&2 7s.
£1 8s.

do

| Per Vent.
-48-6

$682,451,400;

1884.

15.

Per Vent

$527,541,755

-320*

(1,569,594)
(619,300)
(44,788,000)
(50,060,000)

(-28 3)
(+36*0)
(4 4*6)
(—45*4)

$62,930,056
4,278,700

—16*0

—28'2

Pales

of—
(Stocks....shares.)
hides.)
(Cotton
(Crain.. .bushels)
(Pet role um..bbls.)

The

For One Year

1883.

$555,711,509

Now York

e

1884.

Week Ending Nov.

November 22.

(1,537,851) | (-15-2)

(1,345,012)
(672,100)
(34,273,000)
(43,141,000)

(377,000), ( i-78 3)
(58,172,000), (—41*1)
(95,952,000/ (--550)

$67,0S0,531

$69,700,204!

-3-8

Providence...

4,533,600

4,738,200!

—4*3

Hartford

1.488.475

—hi

New Haven

1,098,932
913,939
721,854

1,074,352!
1,254,924!

Boston

Portland
Worcester

Springfield

.

Lowell

prices include the Investors’ Supplement, issued once in two
months, and furnished without extra charge to subscribers of the

—14*1

784,519

837,556:

—6*3

484,OSS

586,776

-17*4

1,348,136
1,197,730
983,389
839,870
675.720
575,989

$77,106,538

$80,548,869

4*3

$72,830,490

-iu 2

$46,1,80,736
8,363,370
13,253,413

$53,«67,778:
9,695,388

14*3

$37,740,784

-32*0

-13*7

—33*6

1*3

7,182,232
12,135,989

12 4

—

-2-2

934,051

816,746!

—116

-5*7
-10
—1*3
—24*4

+5-0

These

Chronicle.

Subscriptions will be continued until definitely ordered to be stopped.
The publishers cannot be responsible for remittances unless made by
Drafts or Post-Office Money Orders.
A neat tile cover is furnished at. 50 cents; postage on tho same is 18

Philadelphia
Pittsburg
Baltimore
Total Middle

Volumes bound for subscribers at $1 00.

cents.

Oflltosii) England,
The office of the Commercial and Financial Chronicle in London
Is with Messrs. Edwards A smith, l Drapers’ Gardens, E. <■.. where

subscriptions and advertisements will be taken at the regular rates,
and single copies of the pap. r supplied at Is. each.
Tho office of the Chronicle in Liverpool is at B 15, Exchange

Buildings.
t>

John

Total N. England

G.

1):

huid.

) WILLIAM 15. DANA <fc Co., Publisher*,
> id A: 81 William Street, NEW VOiliv.

^

Chicago
Cincinnati

Milwaukee
Detroit
I

dianapolis

Cleveland
Columbus
Peoria

Post Office Box 958.

Tot til Western...

*St. Lou's

CLEARING HOUSE RETURNS.
There is recorded

S

.

.1

New Or’e.i

’s..

-

13,427,080!

—

—

16-5-

$67,797,519

$76,990,252

—11 *9

$57,059,005

—2S* 4

$43,258,218
9,219,200
3,616,051
2,706,878
1,481, 52
2,231,367
1,218,998
957,767

$47,910,003
10,629,250
4,340,219
2,990,219

—9*7

-10*7

—16*3

$44,631,948
0,050,600
3,894,131

—9 5

2,880,008

1,492,201;

—0*8

1,572,112

2,228,873
1,3 49,273;

-{ <rv>

2,386,427

-5*8

j;*7
-42

1,324,879
835,38.5

—14 3

1,000,

$04,752,531

$71,9! 2,553'

—10 0

$i:6,550,880

-11*3

$1 »,300.539

$16,'e 5,96.*!

-11 *1

$ 15,502,352

--6-2

3

5 2 012

-21*4

—0*1

I ! ,369.353

-13*1

625,511

ill

its ‘

—

13,-51.518

—13*3

i

717,3 4

:<

-

13,37",53s!

r

—20-4

4-2*5
-3-7
—

—

13-3

12-8

general and quite satisfactory improve- j f. (Uisviilo
—27-0
11-3
4.259.309
3.." 00,2t>S
3, 78.510
went in the volume of exchanges for the week ending with l Kansas it
-4-22*8
4,2.50,193
+33*3
3,065.550
3,763.560
+30
1,761.173
2.068,006
1,831,332
-pi
2*9
Memphis
Saturday last. There are on’y eight cities which make a less
-7-1
3 7
Total Southern..
$36,512,279
$39,359,992 j
$37,890,654
favorable exhibit than on November ! 5 last, viz.: New Haven,
-25*5
—21 *9
$11,910,372
$13,363,243
$10,428,013
Portland, Worcester, Lowell. Milwaukee. Detroit, St. Louis, San Francisco
—28-6
and Kansas City.
Total
11
$772,965,793
$813.036.764
$964,656,309’ -157
On the other hand many, in fact most all
of the important centres record clearings which approximate
By telegraph we have received returns from a few of the
more closely those of a year ago than in any statement we
leading cities for the five days ended with Friday evening.
have previously presented. This is certainly very gratifying. The
figures really cover but four days, there having been no
A fad whi.di diou'd b • remembered in interpreting these
transactions on Thursday (Thanksgiving holiday), and the
;i

-.

—

v

•

-

s

results, and which

le.rs tins exhibit the

satisfactory,
falling off in the value of commodities during
the year.
Thus for in«t nice wheat (No. 2 spring) was selling
in New York a year ago at $1 09; now it is quoted 7o+77c., a
decline of about 30 per cent. And just at fa is season of the
year there is no item so important as wheat in the makeup of
our Northern and Western
exchanges. But besides wheat, !
every article of breads!uffs, and in fact every product sold, ■
whether of the soil or. of the mill, shows a loss in price,!
Remembering this, great encouragement may lie drawn from j
these figures. They indicate the turn in the tide which, with
favoring conditions hereafter, affords a fairer promise for
coining months than has been reccnt’y anticipated,
is the material




ron

more

New York stock sales in 1883 embrace
ation

only three days, Evacu¬
the Exchange The ex¬

Day having been observed on
quite satisfactory when compared with last year and

hibit is

also with

a

week ago.
'

Five

Days Ending Not

1884.

$363,320,918

New Yor.i

f Stock (sh*.)
Boston
S (b-s

o

Philadelphia..
Baltimore
St. Louis
Total

1883.

-

—

(1,053,189)

.

28.

Per Vent.

$395,797,056

-

SQ>

(155.515) (+131*2)

Five l)'yf

End'j A or. 21

1881.

PerCent

$4 70,08. ‘,399
(1,146.530)

9,381.338!

$32,683. J 6.
8,906.022
11,994.562

—21*6

$5 •,139.0 e.i
39,2 4,796
11.4'9,338
12,089,687

$409,9 !S,4P9

$449,981,126

-■*8

$58 ,: 3 5,269

Not

$28,411,972;
8,821,271-

received

j
13*1

—

-

1*0

—19*1

(-7*9)
-41

-14-5

+2*1
—10*3
—

17G

THE CHRONICLE

592
THE FINANCIAL

there

SITUATION.

bound rates

leave marks of its existence in various ways

and directions.

to be

f

pretty good reason for stating that east-

being maintained, while the issue of round
passenger tickets lias probably been stopped this
•week.
The disposition thus so plainly shown to limit
and contract the contest, certainly indicates an ani¬
mus in the direction of compromise and settlement, and
this accords with the inducements for peace enumerated

improvement in business which has been in progress
last three weeks, and which is still apparent, begins to trip

The

the

seems

[Vol. XXXIX.

are

previous page we give our record of exchanges, and
they fully confirm current reports ; especially is this evi¬
dent when we remember the lesser values prevailing now.'
Then again, more of our markets are coming within its above.
Another important and encouraging fact, is the state of
influence, and the statement is quite uniform that for the
Yesterday the Bureau of Statistics
closing days of the year the results more than meet antici¬ our foreign trade.
pations. There are likewise indications of a similar char¬ issued its figures for October, and they show a much
acter in the railroad earnings, some of the latest compara¬ better balance than was anticipated. Imports were only 51J
tive statements of traffic, making the best exhibit for many millions, being less than for any October since 18V9, while
a week.
In Wall Street also, the recovery has been the exports were almost as large as last year, only half a
million less than the year beforehand three millions larger
decided in both transactions and prices.
The following comparative statement,
With regard to the latter, it is difficult to siy how far than in 1S81.
the change is real or permanent.
It conforms to the signs which we have prepared, gives the result in an interesting
of the times ; and, undoubtedly, of the good properties, and instructive shape.
the floating supply of stock on the street has materially
EXTORTS ANI) IMPORTS OF MERCHANDISE.
a

lessened.
road

'

There

are

also

some

indications that ail the rail¬

to be

brought to a speedy end. But until
that is accomplished, more or less uncertainty with regard
to the future must prevail.
So far as this week is con¬
cerned, the cutting in the East, in the West and in the
South has been pursued with unparalleled bitterness.
Here, our trunk-line difficulties have perhaps been most
evident, because nearest to this centre ; but Western con¬
wars are

nections have shown

no

less recklessness, while the contest

between the

c

Erlanger system and the Louisville & Nash¬
ville connections has been prosecuted in an equally determined manner.
Altogether, an observer might have said
the early part of this week that our carrying arrangements
were as near
chaos, and the roads approaching general
insolvency as rapidly, as it was comfortable for either them
or the public to
realize.
And yet as stated, the week as it closes is not wanting
in evidences, that order may speedily come out of this
confusion, - that feeling being further encouraged by the
settlement yesterday of the controversy in the West, be¬
tween Chicago and Missouri Liver points.
Still a like
belief has many times prevailed before, only to be followed
by disappointment, for the wish, and the knowledge that
sooner or
later such is the inevitable end, encourage that
hope. Now, however, there is a feeling also prevailing,
that the managers who are engineering these contests may
have a new incentive to quicken their efforts and sharpen
their desires for settling their disputes.
This is found
in the improvement in the general situadon, the better
traffic reports that are coming in, the freer arrivals
of produce at the Western centres, the movement of a
very large corn crop just beginning, the early close of our
water-ways throwing all carrying business upon the rail¬
roads, and the opening of the New Orleans Exposition the
middle

indicate

of
or

December; for these
foreshadow the

are

all

straws which

direction which

the

current

is

about to take, since dearth of traffic, not abundance,
times of distress, not of recovery, foster fights.
But besides these

general influences there are not want¬
ing other signs of an approaching end to the trunk line
dispute. Evidences of weariness have become quite ob¬
vious in

one

at

least of the

contestants, and efforts at a

compromise

are generally believed to be in progress. Even
exhaustion is hinted at, and if the bondholders are in control
and mean to protect themselves, there can be little doubt of

the urgency

for a settlement. Whatever may be claimed as
running of a new road, ferry and all, with
limited connections, and still paying expenses at present
rates, local and through, anyone with knowledge of railroad
business must admit that it is impossible.
Then, again,
to




the

Merchandise.

J

1S79.

February...
April
May
J une
...

58,080,908
05,114,055

...

j

07.192,050

1834.

] 383.

$
73,989,007
50,000,533 60 ,855,239 01,240,620
02,013,872 77 .051,820 50,210,451
57,952,370 00 .903.905 49,893,504
49,178,90S. 58 000,194 48,841,037
51,077,9 10 54 350,811 53,330,523
54,017,511! 52 ,834,084 54,5S0,593

S

*

$

04,921,051

80 ,380,253

02,711,293

6! 420,749

54,188,700

54

128,052

52,833,094

72

008,813

71,072,743

.

07,514,718

71,225,897 02,491,379 02.815,827
87,734,094; 85,087.254 '.OS,018,010 71,547,973

.

O. tuber

Total

$

00.997,173 74,078,902
(5 4,828,757 [ 59.950,073 07,733,807
06,154,745 77,350,547 85,008,794
51,341,802' 70,500,538 70,885.015
52,355,280 65,600,477 61,140,179
45,095,081. 72,132,304 03,450.279
50,031,850 71.015,5 9 03,033,015

March

...

1832.

1881.

18S0.

59,409.1011

....

July.
A ujrust
September

!

*

Exports—
January

:

039

001,975,757 707,785,0^8 080,115,991 591,010,T09

555,929 570,187,602

'
:

Imports—

.

1

January
February....
March

April

May

33,890,451
41,287,507

June

July
August
September

33,515,040
35,373,119.
41.850,011
42,130,101
35,376,010

;
.

43,032,709

44,221,87.3;
47,789.142

October

:

;

:

On

50 971,198
58,820,920 50 300,51s
68,003,801 09 780.003
00,301,107 57 000,995
08,350,029 50 271,557.
02,089,0491 01 791,122!

54,103,013
50,155,944
52,153,319

50 989,930

55.113.239

53,20 8,4SS

45,284,858, 50,930,224

54,310,017

55,017,471
70,8S0,501
74,300,155
01,870.080
00,514,503

47,759,193
00,709,171
59,179.011
55,503,722
58,920,809.
52,422,079.
01,731,293
55,713,802
58,988 020

54,710,007

57,301,982
50,205,003
53,228,' 51
51.0:3.081

05,801,8 7S

01,203,130

05,718,433 58, 033,731 j 50,020,900
03,403,587 51 120,414 51,205,742
01,438,782 57 523,970; 51,713,433

Total.... 403,532.501 >02,322.597 550,214,004 038,159,4 70 >70 38 4,2 >4 541,5:0,054

The

foregoing indicates

a

balance in

our

favor of 191-

millions this year, against 1millions in bSS.'l and 10 mil*
lions in 1832.
In fact we must go back to 1880 tu find a

larger October
conditions of:

excess.

This is

very

satisfactory under the

currency—in fact it is quite essential in
and yet such small imports are only an evidence
of our commercial distress, the distress being itself made a
necessity—a means to an end—just because we will persist
in issuing silver and silver certificates and must therefore
have gold with which to fortify our position.
This statement looks as if we might draw further
considerable sums from Europe and force the Bank of
England rate up higher. The Bank certainly has no gold to
lose, while its present 5 per cent minimum is doing very
little towards replenishing its stock.
But the Bank of
France has a large reserve which is being freely used to
supply current wants, the late demand for Egypt and the
Greek loan having been in good part supplied from that
country. < )ur trade in November ought, however, to show
even better than October, for the movement of produce
lias been fair, while the exports of cotton have been
unusual in amount ; and in this we see the chief explana¬
tion of the easier rates for foreign exchange as the week
closes. It was only the inquiry for the long bills for invest
ment that gave the recent firmness to the market, the
importers’ demand being very small, so that a further fall
of rates and the resumption of specie imports seems quite
likely. bVc notice'that the last mail advices from Europe
represent the Austrian Finance Minister as very confident
of success in his efforts to establish a gold basis for Austro-PIungary, and that he is intending to begin operations
at once.
Still it is not at all probable that any such
that view;

our

THE CHRONICLE

November 29, 1884. |

could be successful before the spring or summer

593

months, for if made now the attempt might prove very
disturbing, or at least put European finances in quite a

against only^$42,942,000 on June 30, an augmentation of
just 34- million dollars in the three months. How or why
this addition was effected it is not so easy to state, but it

strained condition.

seems

measure

feature

The

in

the

stock

market

this

week

has

that

on

the

other side

of the account there is

increase of two million dollars in the item of

an

“stocks and

The rise in Chicago & bonds of other companies.” AVhat this two millions rep¬
Northwestern followed almost immediately the announce resents we cannot of course say, but last May the directors
ment that the directors had declared the usual half-yearly were authorized to advance, jointly with the Pittsburg &
dividend, and that after its payment a satisfactory Lake Erie, that sum for the completion of the Pittsburg
surplus would remain, St. Paul, as was the case las McKeesport & Youghioghenv, and take bonds or stock of
week, sympathized with the movement in Northwest. the latter road in return, disposing of the same on such
been

quite general advance.

a

$470,9*2

Erie stocks and

second consolidated bonds advanced

on

the announcement of the

sweeping change made in the
board of directors and on the promise by the new president
that the road would be managed with the strictest economy
and

11 useless offices would be abolished. New
Central advanced mainly on
free buying, in

that

York

u

part for investment, but latterly probably to cover short
The movement

sales.

settlement of the rate

was
war.

aided

by rumors of the speedy
Lake Shore was influenced

by the same conditions, the stock being largely oversold
on rumors

that Mr. Vanderbilt had lost control.

Strangely

enough, the fact seemed to dawn on the street about the
time of the general advance that the board of directors is
classified

that the

majority of the present board would
though it might represent a minority of the stock.
Lake Shore & Michigan Southern, however, filed its
report this week for the quarter ended September 30 with
the Commissioners at Albany, and the same was made public
yesterday morning. This report is interesting not only as it
shows the extent of the road’s income in that quarter,but also
because it indicates the amount of its floating and funded
With reference to the income, the follow¬
indebtedness.
ing are the gross and net earnings and the payments there¬
from, in comparison with the previous quarter—that ended
June 30—and also in comparison with 1883.
hold

so

!3 Months ended September

■

Net
’

*

*

expenses

earnings from operations.....

1S34.

j

1883.

j

13,741,209
2,221,916

!

$4,540,239
2,470,527

j

1881.
$3,538,378

$ 1,519,853

$2,003,712

!

$1,508,167

$135,000
853,743
111,206

$132,559

j
j

$135,000

$1,099,009

$1.007.261

j

$1,037,205

$420,344

$1,050,451

I

$470,902

Taxes
Int.

on

Renta

funded debt &

on guar,

stock

s

Remaining for stock
*

' j June 30,

I

Gross earnings

Operating

months
30,! 3 ended

Proportion for quarter.

both particularly

i

874,702

!

j

.

2,030,211

791,993
110,272

terms

is

conditions

and

that the

possible

as

the

increase

board
may

saw

fit.

So

it

be in part at least

that account, the Lake Shore issuing its own bonds to
obtain the necessary money to advance to the Youghiogheny
on

road, and holding the latter’s securities in its treasury for
the time being.
Then some part of the increase in the
debt may be supposed to represent the conversion into a
fixed form of a corresponding amount of floating debt, for
we
notice that the current liabilities now aggregate
$4,405,090, including in this $877,117 of interest accrued
but not yet due, against liabilities of $5,056,481 on June
30 without

accrued interest.
The position of the
company as respects boating debt wTould therefore appear
to be a comparatively easy one, for against the $4,405,090
of current liabilities, it has $1,505,900 of current accounts
due it and $87,508 of cash, reducing the debt to about
2 millions
J
net.
Pennsylvania $ statement for October is more unfavorable
than any monthly exhibit issued since last January.
It
goes without saying that there was hardly anything favor¬
ing traffic and rates in this month, but it was hoped that a
diminution in expenses would be effected which would go
far to wipe out the loss in gross earnings.
We find, how¬
ever, that the lines east of Pittsburg, on a decrease of
$427,801 in gross receipts, had a decrease of only $134,.
353 in expenses, so that the net have suffered a contrac¬
tion of about $300,000—in exact figures, $293,448.
It is
only fair to say, though, that this is on figures of last year
that were unusually large.
On the lines west of Pittsburg
the falling off is not quite so striking as heretofore, the
decrease from 1883 being $137,30 0, but this is because
these lines suffered a heavy loss in the previous year, the
surplus then having dropped to $208,853 from $513,209
in 1882.
Taking Eastern and Western lines together,
there is a decrease of $430,814 as compared with 1883,
and a decrease of $490,732 as compared with 18S2—very
large for a single month in either case. How the present
figures compare with previous years back to 1879, is shown
in the following—for October and for the ten months to
any

bad quarters for railroad
traffic, but the last was perhaps worse than the preceding,
so much so that it has
been repeatedly declared that the
road had not earned fixed charges in that period. We see
now"that so far from this being the case, there was a the end of October.
surplus remaining for the stock but little smaller than in
Lines East of
1881.
1880.
1879.
18S2.
18S3.
1S84.
1’itttburg.
the quarter ended June 30.
In that quarter the surplus
$
S
$
*
$
October.
$
was
and now it is $420,344. Of course, this is Gross earnings
4,447,547 4,875,3 IS 4,660,054 3,672,971 3,882,714 3,518,144
unsatisfactory as compared with the same figures in other Operate expenses 2.321,346 2,056,199 2,619,343 2,317,940 2,194,321 1,832,215
Net earnings...
1,925,701 2,219.149 2,040,7! 1 1,355,(31 1,088,693 1,685,929
years, as is evidenced by the fact shown in the table that
Western lines
V131,487 -1- 268,853 +513,209 +31)9,894 4418.170 +593,184
in the three months ended September 30, 1883,the road had
Result
2,(57,1 Ss 2,488,002 2,553,920 1,604,925 2,106,563 2,279,113
asurplus of $1,050,451, or $10"),000 more than in the two Jan 1 to Oct. 31.
earnings.
40,840,610 42,769,555 40,548,832 36,552,212 34,137,327 28,034,854
quarters this year combined.
Still, considering the gen¬ Gross
Operat'g expenses. 25,378,635 26,473,559 24,903,620 21,801,375 20,022,630 10,655,319
eral situation, and the many adverse features the road has
Net earnings... 15,467.961 16,295,096 15.045,212 14,750,837 14,114,097 11,379,035
had to contend with, it is satisfactory to know that it lias Western lines.
—518,036 +1163 211 + 1580,931 +2578,677 +2514,735 +702,018
Result
14,949 925 17.458,907 17,220,193 17.329.514 10.029,432 12,081i053
earned 1 S-10 per cent for its stockholders in the halfThus while the net result for the month is smaller than
year, or at the rate of 3-g- per cent for the year.
In comparing the present with the previous quarter, an in either 18S3 or 1SS2, it is very materially larger than in
interesting feature is the increase in the item of interest 1S81. when short crops and the rate war reduced net earn¬
on funded
debt, which reaches $01,000, being at the rate ings to a minimum. This is on the combined system ;
of
nearly one-fourth of a million increase in a year. This at on the Western lines the result is the poorest of all
once
suggests an increase in debt, and we find on exam¬ the years given. The same may be said of the figures
ination that the funded debt now is stated at $10,442,000, for the ten months, there being a deficit this year on
These




were

...

..

of

lines

these

CHRONICLE.

THE

594
half

over

million dollars,

a

against

made the result on the combined system
largest on record—from which we now have
heavy falling off of over 2;V million dollars, $800,000

present, and this
in 1883 the

the

the Western lines.
Bankers’ balances remain unchanged at about 1(7^ H per
cent, though yesterday there was a temporary rise to 2d

on

the Eastern lines and

$1,700,000

on

per cent, caused by the preparations for December.interest
and dividends. The domestic exchanges on New York at in¬

points, with the exception of the South, reflect a tend¬
ency of money in the direction of this centre.
The efforts
of the leading banks of this city to establish a maximum
rate no greater than 2 per cent to be paid on balances of
interior institutions, have been generally successful, and
as soon as
money becomes more active at the West we
may look for a withdrawal of these deposits. The following
statement, made up from returns collected by us, exhibits
the week’s receipts and shipments of gold and currency by
terior

the New York banks.
Week Ending

Nov. 23, 1884.

Received by

Shipped by

N.Y. Banks.

N.Y. Banks.

*

by

*934,000

and legal tenders

Movement.

*334,000

Gain

*010,000

Loss..

040,030

*1,040,000

Loss..

*58,0CC

Gold
Total gold

Net Interior

*400.000

*984,000

Currency

.

$000,000 of this was transferred in the shape of silver certificates
a deposit of gold in the Sub-Treasury.

changes in the bank holdings
of gold and currency caused by this movement to and from
the interior. In addition to that movement, the banks have
lost $500,000 through the operations of the Sub-Treasury
and have
gained $1,000,000 by imports of gold'
Adding these items to the above, we have the following,
The above shows the actual

gain to the New York
Clearing House banks of gold and currency for the
week covered by the bank statement to be issued to-day.
wdiich

should indicate the total

Week Ending Nov.

Into Batiks.

28. 1884.

Out

Net Change

of Banks

OUR AVAILABLE GOLD SUPPLY.

a

surplus of over a million in 1883, a million and a
half in 1882, and over 2-} millions in both 1S81 and
On the Eastern system, on the other hand, the
1880.
showing has been better in each succeeding year, till the

f.

question is asked—suggested by our remarks of
need is there for any action by Congress
with regard to silver coinage, when gold is coming in here
quite rapidly and when the old. stock according to the
Mint Bureau is so very large already and increasing year
by year ?
That is perhaps a fair question from a silverman's standpoint; and yet even if we should admit the
statements it contains, we cannot see that the necessity for
action would be any less pressing. The idea is that capital^
knowing the natural effect of a forced inferior currency,
fears the operation of the silver coinage law, and that that
timidity is preventing enterprise. The fear is positive,
unmistakable,—ask the first banker you meet, if you doubt
it; the conclusion is our own, but equally undeniable, being
based upon the known sensitiveness of capital.
YTe see
nothing in the question- then that makes Congressional
action any less necessary as a preliminary to business
revival, even if we should concur in its assumptions of
The

last week—what

fact.

•

clear idea of the actual
condition, suppose we admit for the moment that there is
a
large stock of gold in the country, but like Captain
Kidd’s treasure it is hidden away somewhere out of sight/
out of reach,—of what use would that stock be as a reli¬
ance in case of need V
Or, taking the situation more as we
find it, say that a part of it is visible, but that no commer¬
cial distress, no lack of business activity, no want of any
kind, however pressing, is able to bring any fraction of
the other part into sight—of how much importance in this
discussion would the portion of the stock be which is so
effectually buried ? AVe may tickle our vanity and deceive
ourselves by the frequent repetition of the larger figure,
but the significant fact is that the country’s endurance
when the trial comes, will be tested only by the available,
not by the unavailable stock be it large or small.
Two
Yet for the sake of

gaining

a

made up the visible supply of gold. This
only be done with accuracy’when the National Bank

weeks ago we

tn

Bank Holdings.

[VOL. XXXIX

can

only then
the date corresponds with the date of the Treasury state*
Ml 4.000
Gain.
11,510,000
Total gold and legal tenders....
*1,984,000
ment.
This was the case with the last returns, and through
The Bank of England gained £1 GO,000 bullion during
the kindness of the Comptroller we were able to publish
the week. This represents £ 1S4,000 drawn from the interior
them November 15 (page 551) and on the same day we gave
and £18,000 exported.
The Bank of France lost 500,000 a comparative statement of the total gold in sight, which
francs gold and gained 1,200.000 francs silver, and the
was as follows.
Bank of Germany since the last report has gained
7,2 10,000 marks. The following indicates the amount of Visible
Nov. 1,
Nov. 1,
Nov 1,
Sept. 30,
Nov. 1,
Supply of Gold.
1883.
1881.
1882.
1>S0.
1881.
bullion in the principal European banks this week and at
the corresponding date last year.
*
*
*
*
;
*
In the Treasury, less
Banks’ Interior Movement, ns above

1984,000

•1,040,000

Loss.

Bufc-Treas. operations &gold imptj.

1,000,000

500,000

Gain.

*30.000

500,000

returns are

called for at the close of

a

month,

as

|

133,679,349,107,781,909 148,435,4731157,353,700 130,514,384

certificates

November 27, 1884.
Cold.

Silver.

£

£

November 29, 1883.

Cold.

Silver.

£

£

1

Bank of

national

hanks,

in-

41,312,239 41,253,522 38.426,805 40,334.877
6 970,250 20,928,750
7,305,750 •21,917,250

1

eluding certificates.... 102,851,032 107,222,169
In

17,102,130

ing certificates

9i,127,324

97,570,057 117,185,000

17,892,500

18,255,300

!

State banks, includ-

19,901,491

20,250,000

253,032,511 294,905,509 ■200,455,297 273,179,117 207.949,384

Total gold

22,100,609

19,919,209

England.

Bank of France

In

point of chief interest to be noted in the above, as
we remarked at the time we prepared it, is that the total, so
Total this week
08,207,698 62,187,272 67,833,164 62,25 .’,127
r.971,957 61,868,670 67,479 352 61.608 906 small in itself, is a diminishing quantity, notwithstanding
Total previous week
the Mint Bureau says that the stock of gold has increased.
The Assay Office paid $18(5,101) through the Sub
Treasury for domestic and $651,518 for foreign bullion Furthermore, this shrinkage has been in progress at a time
during the week, and the Assistant Treasurer received when business transactions, and therefore the uses for
the following from the Custom House.
Bank of Germany

The

....

Dale.

Duties.
Gold.

Nov.21
«•

oo

**

24.

•“

25.

•“

26.

4‘

27

Total




$378,217 07
398,652 08
511,567 62
290,540 26
239,109 06

U. S.

Cold

Silver Cer¬

Notes.

Gcrtijic's.

tificates.

$i 000

$152,000

$32,000

9,000
8,000

127.000

69.000

225,000
126,000
77.000

106,000

173 OO;*

51,00j

110,000

3 t.OOO

123,000

$292,000

$789,000

3,000

5,000

$190,00
193,000

Holiday...
$1,818,386 09

$29,000

$707,00'

and

as active circulation,
the people
when

and

could

gold

Consisting of—

have been constantly decreasing,

have been growing poorer,
help contracting the hoards they are
reputed to have.
Must we not under such circum¬
stances then, take the quantity in sight as quite near the
extreme limit of our available supply for all commercial
purposes ?
And now what are the offices this 268 millions of gold
are
recjuired to fill.
Let us recall them. (1) It must
not

THE

November 29, 1834.J
serve as a

basis for local domestic transactions and

CHROXtOLE

595

ensure

THE ERIE'S REPORT.

the

convertibility of bank deposits in each neighborhood;
thus of the 137^ millions held by the banks September 30,
only about 74 millions were in New York, the balance
being distributed as usual throughout the whole country,
being needed for neighborhood purposes. (2) It is the
basis

for

local

Government

transactions, a consid¬
erable portion of the Government stock being quite
permanently held at depositories outside of New York city.
(3) It serves as a perpetual assurance of the convertibility
of 335 millions of bank-note circulation.
(4) It is the
guaranteeYund for the redemption of the 347 million
legal tender notes. (5) Finally it is the fund to supply all
the demands and purposes of our external commerce.
Do not the above, suggesting such a little base for so
big
a superstructure,
seem to furnish abundant explanation
for the caution which capital now exhibits and for the
lack of enterprise which everywhere prevails ?
A nation
with such large and varied uses for gold and so
meagre a
supply, that choses by violating one of the plainest laws of
currency to endanger that supply, does.,not deserve pros¬

perity.
But

as

there

who

are some

cling with unfailing trust to

the

large stock of gold with which the Mint Bureau credits
States, thinking it holds out a promise of relief
in the hour of danger, and thus justify their advocacy of the
silver dollar coinage, let us for a moment look at this ques¬
tion of invisible stock a little more critically.
Mr. Burthe United

chard's estimate

of the

total

coin

and

bullion

in the

The

publication of the report of the New York Lake
Railroad Company for the fiscal
year
ended September 30, is significant as
marking the close of
Mr. Jewett’s connection with the
property. As originally
Erie & Western

Mr. Jewett’s succession to

the management was

received

with decided

favor, and his continuance in power deemed
auspicious for the company, so now his departure is
regarded with positive satisfaction as indicating the dawn

most

of

a

better

Not

era

for the

concern.

unnaturally Mr. Jewett takes occasion in this his

last communication to the shareholders to review the work

accomplished by him in the

ten years

during which
undertaking, and directs
attention to
the many improvements
in the con¬
dition of the property and plant that
have been
effected in this period.
Most unquestionably the Erie
is a better and stronger
property than it was when the
late President acceded to power.
Moreover, from being^
comparatively local in its nature, it has risen into a trunk
line of important dimensions,
extending all the way to
Chicago in the one direction and Cincinnati in the otherr
and its business developed
correspondingly. It does not de¬
tract from the merit of the work done that it involved
heavy
outlays of money and increase of indebtedness and
charges. Mr. Jewett’s plans were large and comprehensive,
and he is entitled to credit for
having carried them out.
At the same time it may fairly be doubted whether he
he has

been

the head of the

at

country on October 1 this year and last year is as follows exercised that strict supervision of details in management
(see page 18 report of 1884, and page 21 report of 1883). that is the essential to success. Among his immediate
Oc‘ober 1, 1884
$610,500,000 subordinates, certainly, red tape and circumlocution in
October 1, 1883

606,196,515

office
to

were more

conspicuous than efficiency and attention

work, and this would

urally encourage was’e and
departments. This, Mr. Jewett
na

*$4,303,485 extravagance in some
could
have corrected;
this he
failed to correct,.
By referring to the table above, as to the gold in sight, Surrounded
by
a
body of
high-salaried officials,
it will be seen that these estimates would leave in the
reform
in
that
direction
was
not
attempted or
hands of the people now $342,551,000, against $333,017,thought of. That was a weak point that might
000 a year ago, or an increase in the twelve months of
9£ remain covered
up so long as business and everything else
millions.
Such a result, if it could be relied upon, would
was
flourishing, but was sure to develop the moment a
of course place the country in a very comfortable situation
change of conditions made economy and practical capacity
respecting its gold reserve. Say there are about ten the true test. Mr.
Jewett’s ability to build up a system
million families in the United States, this stock
(610£ has been demonstrated ; his
ability to work such system
millions) affords sufficient for the visible supply, and leaves with best results cannot be
admitted, and this no doubt
on an
average for each family thirty-four dollars, either
marks the change between the present estimate of his ser¬
actively used by its members t.s currency or stored away vices and the former
estimate.
Or

a

gain during the

in the house.

the

lips of

The

year

mere

of

statement of the

case

brings to

in active business life a positive
rejection of the claim; for the facts (1) that literally
no
gold is met with in one’s daily business transactions
and
(2) that no accumulation takes place in banks and
Treasury at a time when incomes are greatly shortened
and when exchanges are very much reduced because of
industrial inactivity, are abundantly sufficient evidence to
stamp these estimates as utterly untrustworthy. In Great
Britain where, according to the general belief, about the
same amount is held, it is the common
currency of the
realm.
So in France too, one receives it everywhere in his
daily purchases. Here the receipt of gold as change is as
surprising a rarity as a white blackbird.
We had intended to pursue this branch of our inquiry
further, giving data which would determine approximately
the stock of gold now in the
country. Lack of space
compels us to stop thus abruptly and defer these matters
every man

until another week.
In

our

article

on

“The

Financial Situation” two weeks since, in

referring to the year’s change in the stock of gold, we inadvertently
used Mr. Eurchara’e result for
gold coin instead of his figures covering
coin and bullion*




But whether

ticulars is

or

not Mr. Jewett is deficient in these par¬

longer

of any consequence. Thechange in management has taken place. Men and per¬
sons count
for nothing when control has passed out of
their

no

hands.

The

of the very
to lack.
Though

a matter

new

executive

has

been

selected be¬

qualities that Mr. Jewett is understood
Mr. Jewett is supposed to have relin¬
quished control voluntarily, one reading his report cannot
fail to notice that he is not entirely content with the
course affairs
have taken.
At the very outset, after
depicting the prospects in store for the road, he remarks :
Whether or not this result will be realized, is simply a
question of management,” conveying the idea that there
is doubt on this point.
In another part of his report, he
takes pains to say : “ But like other systems, its character
and efficiency can be destroyed by an unwise and inexperienced management much more rapidly than it was
“built up.” We notice these manifestations of ill will
only to remark that the reflections upon the new manage¬
ment seem both unwarranted and unfounded.
Mr. King,
we
believe, cannot be charged with either unwisdom or
inexperience, and there is no reason to anticipate any dancause

“

“

“

“

THE CHRONICLE.

596

[Vol. XXXIX

If lie should exercise a and $1,401,004 from a decrease in business. These figures
of expenses, that is pre¬ it should be said cover the Erie proper, the results on the
cisely what lie is expected to do, and no one will claim leased New York Pennsylvania & Ohio road not being in¬
that that is likely to prove detrimental to the company’s cluded, since that, though operated throughout the whole of
the past year, was operated for only five months of the pre¬
interests.
Of course it is possible for Mr. King to reverse Mr. vious year, and no comparison on that basis is possible.
Jewett’s policy in other respects.
For instance, he might Besides the loss from freight the depression prevailing also
allow the system built up at such great cost to go to pieces caused a loss in passenger earnings to the extent of $458,by failing, (intentionally of course) to do certain 314, though this was in part counterbalanced by a gain in
things necessary to keep it intact. But we do not think miscellaneous receipts, so that the" total loss iij earnings cm
that he contemplates such a course.
We should regard the Erie proper for the year was $2,970,505, which was met
any such attempt as very unwise.
Even where leases or by a reduction in expenses of $1,509,362, leaving the loss
connecting lines are proving burdensome, it would seem in net earnings $1,470,233. The decrease in expenses
to be better to meet present losses, rather than risk a dis¬ should be noted, for when we come to the entire system
ruption of the system or the loss of valuable feeders. (including the leased road) we find a large increase in them,
The Erie combination, as it now exists, is well planned, which is thus to be attributed to the Pennsylvania & Ohio
and every part appears necessary to the preservation of the line.
The ratio of expenses on the whole system was
rest.
It consists, as all know, of four divisions, the Erie 69-52 per cent, and even on the Erie proper as high as
proper, the Pennsylvania & Ohio, the Cincinnati Hamilton GST per cent (against 65-92 per cent in 1882-3).
Under
& Dayton, and the Chicago & Atlantic.
these
circumstances, what kind of an exhibit as respects
Of the auxiliary
lines the Pennsylvania & Ohio entailed in the past year income and charges is the road able to make ? The fol¬
(per report) a loss of $270,281. This was in a year of lowing, giving the results for the past year in comparison
exceptionally bad business, and considering how essential with'four previous years, will answer this question.
the road is as a feeder to the Erie, this* sum does not ap¬
18S3-84.
1SS2-S3.
1881-82.
1880-81.
1879-80.
pear to be a very high price to pay for the privilege of
8
*
8
*
$
*21,037,435 “22,802,217 10,075,774 20,715,605 18,093,109
retaining the connection, especially as the result in future Gross CiUnine's
Operating expenses.
*16,358,078 *15,414,583 13,OSS,004! 13,256,280 11,643,925
years may be so much more favorable.
The Cincinnati
Net earnings
5,270,857
7,857,664
0,837.680
7,459,375
7,049,18-4
Hamilton & Dayton, on the other hand, has been able to Miscellaneous income.. 1,077,020
844,306
876,700
783,957
780,055
take care of itself thus far.
Total income
0,856,183
The Chicago & Atlantic
8,231,463
7,883,144
8,303,081
7,068.335
Payment.-•>•
returns less satisfactory results
than any other division, Interest
debt
3,963,873
•1-4,005,487
4,148,715
4,546,390
4,310,369

ger from his management.
stricter scrutiny of the items

...

.

-

on

but it must be remembered that the conditions

and business

have

as

to rates

been

extraordinarily unfavorable, as
Mr. Jewett points out.
The obligations of this line are
$6,500,000 1st mortgage bonds, calling for S390,000 per
annum, and $5,000,000 second mortgage bonds, which
when all. issued will call

for

The Erie is
responsible, jointly with the Pennsylvania & Ohio, for
interest on the 1st mortgage bonds to the full extent of all
gross earnings derived on business to or from the Chicago
& Atlantic.

$300,000

Mr. Jewett does not tell

Chicago extension

is

proving

better to hold

on

to

very

us

how much this

Still, even if this
unprofitable, it would

it, rather than lose what has

already been put into the undertaking.
Now let

us

see

what

the

Erie

was

able

to

do for its

security holders in a very bad year.
That the 12 months
ended September 30 did constitute a very bad year hardly
needs to be proven.
Yet a few figures in illustration will
serve to give force to the remark.
The unfavorable features
were depressed business, demoralization of trunk line
traffic,
low rates,

and

unsatisfactory state of the coal trade.
The depression in business (resulting in a diminution of
merchandise traffic) was the most important of these, and
yet the contraction in rates was a factor of hardly less
moment.
The report furnishes the. figures that enable us
an

to state the loss from

each

circumstance.

Thus out of

a

decrease of $2,357,701 in the

traffic, $1,701,527
and

was

earnings from merchandise
due to a falling off in tonnage,

$506,267 to the fall in rates.

loss is

wholly

Total

Balance

In the coal traffic, the

2,450,110

2,122.582

2,185,324

2,207,518

2,078,647

7,055,000)

0,068 07S

0,5)1,693

0,416,263

6,042,520

dl. 00.',623

1,265,485

0586,042 ~1, 887,418

1,700,621

Lets—

i

Sink.f’d
Interest

re-org’n.ist lien

100,000.

incomes

5U.4-0

on

Dividend

more.

involved the Erie in the late fiscal year.
seem

Rentals & either int.,&e.

on

prof, stock

488,088'

Surplus
Funded debt

016,017;
75,268,485

75,2..7,137'

103.000
30, ISO

30,480

485,028

464,340

551,184

-1,392,QOS

1,790,621

70,267,138 07,165,666

67,173,715

*

Including 08 pur cpnt, of the earnings and the entiie working expenses of
lh‘- New Ynik Pehn.sylvan in & Ohio road lur live ifionths in 1582-83, and for full
year in 1883-4.
t Including a full year's allowance for interest on the second consols.

li

is evident from the above that the company

has lost
heavily in net income, not only as compared with last year,
but as compared with other recent years.
Yet notwith.
standing this loss (amounting to nearly two million dollars
net) the company has fallen only $698,623 short of meet¬
ing the interest on the second consolidated bonds in full,
illustrating the strength of the road’s position in the past.
To put it in another way, in a year of extraordinarily
unfavorable circumstances the company Jias been able to
earn
nearly 4 per cent on these second consols. The deficit
shown proves to be just what Mr. Jewett estimated it
would be in the latter part of October.
"We were led to
suppose at the time that he had omitted to make any allow¬
ance for decreased
earnings in September, but it appears
now that there was a
gain of over $200,000 in miscella¬
neous

income, which in the absence of

anv

figures

on

that

had to assume the same as in the previous year.
This gain in miscellaneous income was derived almost
solely from the item of k; interest on securities held.” It is
proper here to say that the deficit for the year would be
even smaller were
it not that the company has charged
against the year’s accounts $135,037 paid the New York
Pennsylvania & Ohio in adjustment of earnings and expen¬
ses for the
previous year. This, if left out, would reduce

point

we

of rates. The company received
205,501 tons less coal for transportation than in the
previous year, but as the average haul was greater, the
tonnage mileage increased 35,688,021 ton miles, and this
would have given it a gain of $270,522 in earnings on the deficit to $563,586.
On the other hand the report, as
this traffic, except that lower rates caused a reduction in already remarked, says nothing of the extent of the contri*
receipts of $571,712, or $301,100 more than the augmented but ion required to meet the interest on the first mortgage
traffic mileage could offset.
Taking coal and merchandise Chicago & Atlantic bonds, for which the company is in
together, we find a total loss in freight earnings of large part responsible. But supposing it had to advance
$2,658,084, of which $1,167,080 resulted from lower rates the whole year’s charge on these bonds—$390.000—the




on account

November 29,

3 per

CHRONICLE,

597

the second consols would reach only about Canadian demand for gold have had a good effect upon the
Stock Exchange; but the improvement lias not been suffi¬
cent (instead of 2) ; that is, there would still remain
ciently established to justify any material extension of busi¬
cent earned on these bonds.
ness.
It has still to be borne in

deficiency
3 per

THE

1884.]

on

mind that

gold coin will be
quantities in connection with the war
in the Soudan, and that the 5 per cent Bank rate has not done
much more than check the outflow of gold to other
quarters.
pared the following table, giving on one side the current It has yet to be proved, therefore, if gold will be' attracted to
the London market from foreign countries. Doubt is
liabilities aiid on the other the possible offsets.
expressed
whether this will be the case; but a return of gold from the
Cui'rent Liabilities.
Offsets.
Loans payable
$2,‘255,533 : Due by agents,
$2,088,054 provinces may be relied upon. The better opinion seems to be
Bills payable
355,110 that a five
1,053,418 : Cash
per cent rate of discount will at least be main¬
Bills
Interest accrued, &c...
receivable
*009,091
59,047
Another

subject of interest in connection with the road’s
affairs is the amount of its floating debt—gross and net.
To determine this, or aid in determining it, we have pre¬

Rent leased lines, &c.
N.Y. Pa. <fcOhio, rent..

’ 410.810
327,005

Pay-rolls
Audited vouchers, &c.7

1,918,503

.

895,853

Trailic balances
Bundiies

017,150

150,831

Total

Advances to —
N.Y. L.E.& W. Coal Co.
Do
Dock & Imp.
Chic. & Atlantic
Do for notes ind’sed
Advances to other Cos.
Stocks held
Bonds held
Total

$8,238,899

wanted in considerable

tained.

1,916,999
431,649
019,137
J ,086,226
2.174,241

2,985,315
293,820

$11,593,207

*

This is given at $2,288,901 in the report, but we have taken out the
ten months' interest on the second consols, which t lie company, under
the terms of the mortgage, can defer for a certain stated peiiod.

The money market has been firm in tone
during the week,
and the rates of discount have had an
upward tendency. At

the commencement 4 1-10 and

4}£ were the quotations for the
months, but at the close very few bills are taken
under
per cent.
The discount houses have raised their
rates of interest for deposits }± percent, which has occasioned
some surprise.
It naturally indicates that money is by no
best three

The

The total current liabilities
the second consols
to

as

a

be about 8-L million

(not counting the interest on
demand debt) would thus appear
dollars.
The offsets given, were

they all available, would be 3 millions

abundant.

means

following

are

the present prices for money.
Interest allowed

Open market rates.

for deposits by
Bank Bills.

London

Trade Bills.

Disc't FTse
than sufficient
Joint
Three
Four
Six
At 7 to 14
Three.
Four
Six
Stock
to take care of the whole amount.
But they are not all
Months Months Months Months Months Months Banks. Call. Days.
available.
Some of them am clearly unavailable.
We Oct. 10: 3 3>g® 2JS® 3 © 2A3 -'3-:3U@3L5
2 -2
3 © -,3Ji§>
make no attempt to distinguish between the two,
m3> -—j3 @
m 2 -2
17[
3
3!4@%
leaving
3 © —;8\i% -3 A3
2
2 -2
3JLS3)8 3V£'S
24i3
the reader to use his own judgment in the matter, but may
3
3m
4 © -'Mi® 2)4 3 -3
354© -4 ©
31; 4 3)4©
Nov. 7, 5
s A 3^4-4
4^S©4H 4V^nom j3^nom
3A
—4 ©
say that the figures hardly bear out the oft-repeated asser¬
if 0
3 H 4 -4M
1:>8©
4 noru 4Vsj34->& 4}-6© --'4JI©
m
tion that the condition of the company in this respect is a
Annexed is a return showing the present position of the
desperate one. The obligations on account of car trusts
Bank of England, the Bank rate of discount, and other
should perhaps also be mentioned in connection with the
items, compared with previous years:
demand liabilities.
The report gives full particulars on
1884.
1883.
1882.
1881.
J&
£
£
£■
this point, according to which the company will have to
Circulation
25,308.390 25,461,975 26,209,010 25.985,570
4,4 1 4,05 0
4,(530,22 J
2,545,824
3,122,601
pay in the current fiscal year §870,000 of principal and Public deposits
Other deposits
2.264,107 24,129,60 4 22,593,159 23.323,220
$325,200 of interest on these trusts. The interest is Q o vernm’t securities. 13.312,6,3 14,679,008 10,631,057 13 244,014
Other securities
21.866.639 19.571,301 22,531,912 20,645,329
$33,000 less than was paid for this purpose in the late Res’vc of notes A coin 9,760, sl9 12,363,211 9 813,947 10,445,449
Coin and bullion in
both departments.. 19,319,209 22,083,ISG 20,307,957 20,681,019
year, and to that extent this favors the present year, the
Proport’n of reserve
charge being always properly included in the year’s interest
to liabilities
35*79
42*75
39*8
3S7d

more

-

O

-

“

O

-

-

A*

“

-

-

“

-

—

—

“

—

account

deduction from net income.

a

as

The payments

required for principal are also much smaller—over $300,000; but, of course, $870,000 is a pretty large amount to
have to take care of.
Still, it is to be observed that if the
company should compel the second consol bondholders to
forego their, interest for the whole year, the surplus earn¬
ings on the basis of the results .above for the past year
would be sufficient to provide for the whole sum.

Eank rate
Consols

Eng. wheat,

5 p. e.
av.

lotion
40h. Id.
5*51P.d.

5 p.
lul7d
40s. lid.
C3u,d.

5 p. c.
100*2
46s. 3d,
6iiod.

9*ed.

9r*sl.

led.

103-td.

No. 40 mule twist

The Bank rate of discount and open
now and for the

have been

as

November 13.

November

Open

Bank

Open

Bank

Open

Bank

Open

Market

Bate.

Martet

Bate.

Market

Bate.

Market

2)4

3
4

BATES OF EXCHANGE AT LONDON AND ON LONDON

Frankfort

4

3A
3A

AT LATEST DATES.

Hamburg

4

m

Amsterdam

8

Brussels
Madrid
Vienna.

4

St. Petersburg..

0

Copenhagen

4

Time.

Amsterdam.
Amsterdam.

Rate.

Date.

Short.

12 2*3 @12*3*2
12 5
@1'2*5 A
25*55 @25*60
Antwerp...
1«
20*64
it 20*68
Hamburg..
44
Berlin
20 65
920*69
44
Frankfort...
20*65 @26*69
44
18*4 4
@18*50
Copenhagen.
44
St. Petersb g
2 41 m@241s
4*
Paris
25*50
@2.5*55
Paris
Checks 25*28 *4 a)25*3 5 34

Vienna.
Madrid
Genoa....

12*42*2® 12*47*2
46*s @ 46 *4

• t

<4

25*65

Lisbon
New York... 60 days
44

....

Short.

Rate.

@25*70

51916 ©51Hiq

dem’nd

Calcutta

la
Is.

••

Alexandria..

7*ig
7*md.

Hong Kong.

Shanghai,...
[From

3

3

4

3%

4

\\<2

VA

3

S

2H

4

3A

4

3H

4

4

3%

4

3A
39s

4

3

3

3

8

3)4
4A

4

4A

3A
4A

3

43 s

4A

3A
2H
2H
4A

4

4

4

4

4

4

6

0

0

0

0

0

0

5

4

4

4

4

4

4

-

12 15

oar own

Nov.
Nov.
Nov.
Nov.

14 3
14

iiios.
it

14

4 i

14

Short.

25*32*2
20*48

20*23*2
20*4s

•

Nov. 14 Checks
Nov. 14 3 1110 s.
4
Nov. 14
44
Nov. 14
t

|Nov. 14

44

Nov.’l

25 30*2
25*35
12*27
47*60
25*30

1 Cables.
Nov. 14
44
Nov. 14

Is. 01oJ6d.
Is. G7yd.

Nov. 14 4
Nov. 11

3s. 8d.
4a. ll^ad.

“

mos
4ft

4*84*2

correspondent.]

London, Saturday, Nov. 13, 1884.
No further

change has been made by the directors of the

Bank of England in their rates of discount, and
consequently
the minimum
quotation remains at 5 per cent. The more

favorable

4

2%
3M
314
SA

3 11108.

.

Bombay

Nov. 14

Time.

October 28.

Bank

4

On—

October 30.

0.

Bate.
3

EXOHAXGE OX LONDON

market rates at the
previous three weeks

follows:

Paris

Latest

p. c.

chief Continental cities

Berlin..

EXCHANGE AT LOXDOX-Xov. 14.

3

Clearing-House fet’n. 97,010,000 12 4,981,000 138,159,000 147,261,OuO

Interest at

f$tottefnvg!@(rmmerct;iX English Jlcuss

price

Mid. Upland cotton..

10o7l6
32-». Od.
5"isd.

return




and

the

cessation of

the

American and

In reference

the

to the

state of

the bullion

market

during

past week, Messrs. Pixley & Abell remarks

Gold.—The demand for abroad has, in consequence of the riso in tho
Bank rate of discount, decidedly slackened, the amounts of bars from
the Continent have only been placed in the open market at a very slight
increase on the Bank’s buying price, whilst the imports trom Paris have

quite ceased, the bank of France charging a premium of 4 per mille on
gold required. The only withdrawals since ourlast have been £95,090
sovereigns from the Bank for Lisbon, Monte \ idee and Egypt. The
arrivals comprise £25,000 from New Zealand, £11,009 from River
Plate, and about £35,000, chiefly from Holland. The Tagus has tuken
£70,000 to Lisbon and the River Plate, the Tasmania £99,00u, in coin,
to Egypt.
Silver.—The market has daily declined since our last circular of the
6th inst.
We then quoted ,'oqd. per oz. standard, but under the influ¬
ence of considerably lower exchanges from
India, and the consequent

decline in the rates at which tho Indian Council drafts and transfers
have lately been sold, the price of bars has fallen t >-day to 4913ihd.f at
which the amount by the Neva has been placed as an exceptional oper¬
ation. The Don has brought from the West Indies £22,0 0, the Neva
has brought from the River Plato £66,900 and the G-rmanic has
brought from New York £10,009, making a total of £128,900. Tlio

Tasmania takes £25,000 to the East.
Mexican Dollars.—Pending the arrival of the French West. Indian
steamer at St. Nazaire, there is no business doing, and we are unable to
give any quotation.

The

quotations for bullion

are

reported

as

follows:

THE CHRONICLE

698
Price

Nov. 13.

of Gold.

t.

Bar g
Bar

.Id, fine . oz.
gold, contain’g.

20 dwts. silver.oz.

Span, doubloons.oz.

77

d.

6.

Nov.

77

9'A

........

.««

•

.

the ninth in succession,

Nov. 6

49 15-10

50*4

was

a

state, and numerous failures have

silver,contain¬
50^

ing 5 grs. gold..oz.
Cake silver. ...oz.
Mexican dols...o*.

and during the last 155 years there

longer period than six successive wet years.
The iron trade of the country is in a very unsatisfactory
before

never

d.

d.
Bar silver. flne..oz.

Bar
77 11

77 11

Nov. 13.

Silver.

d.

8.

9>$

Price of

fVoL. XXXIX.

Glasgow.

been taking place of late in

r

.

public sales of colonial and foreign wool have been
material change in prices has
In consequence of the advances which have been made by
taken
place, compared with the previous series.
Dutch banking firms in Holland to the Javan sugar planters,
The weather has continued favorable, and the sowing of
financial trouble is reported form Amsterdam and the Hague.
winter corn has been nearly completed. This has been accom¬
A prolongation of time for paying bills has been applied for to
plished under most satisfactory conditions. The wheat trade
the Dutch Government.
has been very dull, and prices have further declined about 6d.
An unwelcome feature is that the Chancellor of the Exche¬
per quarter.
The quantity of wheat and flour afloat is esti¬
quer will announce in Parliament, on Monday, that in order to
mated at 1,690,000 quarters, being about 200,000 quarters less
meet the expenses which are being incurred in Egypt and at
than at this period last year.
the Cape of Good Hope, the income tax will be incurred two
The following return shows the extent of the sales of home¬
pence in the pound during the first six months of the next
grown wheat, barley and oats in the 187 principal markets
financial year.
of England and Wales during the first ten weeks of the sea¬
The following summaries of our trade in October and dur¬
son, together with the average prices realized, compared with
ing the ten months ended October 31 are given in the Board of

S.Am.doubloons.oz

The

50

commenced this week, and no

last

Trade returns:

season :

,

Animals, liv’g (for food) 1,257,177
Articles of food
and
drink, duty free
14,206,748
Articles

of

food

and

3,27G,003
338,051

drink, dutiable
Tobacco, dutiable

1,301,352

Metals

Chemicals, dyestuffs &
tanning substances ..
Oils
Raw materials for tex
tile manufactures
Raw materials for sun¬

953,823 10,469,418

20.816,977
2,433,435
1 J,014,;36

P,°48,175
9,566,722

8,410.300
5,277,-06

696,250

675,294

69,755.299

4,964,239

Manufactured articles
Miscellaneous articles..
.

69,669,815

35,833,755 31,097,132 355,128,514 325,958,226

Total value

EXPORTS OF BRITISH AND

In Ten

-In October.
1884.
1-83.
£
£

Animals, living
Articles of
food

1883.

Months
1884.

47,275

597,803

],123,251
1,274,182

835,479
11,263,156

8.787,649

and

1,114,692
1,225,817

11,512,353

Articles manufactured
and
partly manufac¬

tured, viz.—
Yarns & textile fabrics. 9,510,793
a

ufactured

9,375,617

93,431,660

93;053,308

3,146,314
1,100,563

34.141,034
11,251,549

31,776,804
11,097,421

tides man¬
therefrom

s.

Wheat

Apparel and articles of

911.0G7

900',246

9,452.886

9,011,539

680,480

689,807

6,464,206

6,663,739

2,921,319

2,756,907

25,363.171

24,923,862

21,138,859 20,414,162 200,803,944

197,383,259

Chemicals and chemical
and mediciual prepa-

d.

8.

Barley

or

Total value

part-

EXPORTS OF FOREIGN AND
,

COLONIAL PRODUCE.

In October.
1883.
1884.
£
£

,

In Ten Months.

1883.

1884.

£

£

1831.

d.
41
5
35 2
20 10

s. ' rf.
49 2
34 10
21 4

Converting quarters of wheat into cwts., the
the whole kingdom are
Wheat..

...cwt.

Annexed is

estimated

as

total sales in

follows:

1884.

1883.

1882.

1881.

10,423,710

9,305,700

8.571,489

8,317,140

a

return

showing the extent of the imports of

produce into the United Kingdom during the first ten
sales of home-grown produce, as well
average price, compared with the previous season:

cereal
its

1884.

cwt. 11.790,559

Wheat

4,8.-0,036

Barley
Peas
Beans
Indian
Flour

oorn

4.378,466

1882.

17,176,045

2,833.953

1881.

13,311,389

3.066,415

2,577,198
338.155
255,504
346,541
3,820,108
2.801.908
6,385,232
2,992,677
2,825,2-_0
2,272,117
wheat and flour available for consumption in ten weeks,.
2,246,815
391,973
742.4 80

Oats

1883.

14.388,‘833

Btocks Sept. 1 not

2,636,014

134,741
538,528
6,272,664
2,892,016

1,620,800
171,117

being included:

1833.

1884.

Imports of wheat, cwt.ll ,790,559
Imports of flour
2,992,677
Sale* of home-grown

1832.

1881.

14.388,333

17,176.0 45

13,3 tl, 539

2,892,046

2,825,200

2,272,117

produce

10,423,710

9,805,700

8,571,489

8.317,140

Total

25,206,946

27,086,579

28,572,814

23,900,346

40s. lOd.

41s. 5d.

49e. 2d.

30,625.000
*1,827,000

16.100.000

21,300,000

1,913,000

2,479,000

AU other articles, either

manufactured

56,822

1832.
8.

19 11

3

19

Oats

d.

40 10
33 11

32 10
32* O

per qr.

Supplies of
3,487,962
1,225,169

292.779

IMPORTS.

£

556,584

8

452,782
43,394

1883.

1884.

as

£

55,000

157,165

weeks of the season, the

AND MANUFACTURES.

IRISH PRODUCE

757.265

108,520

Oats

1881.

479,835

AVERAGE PRICES.

3,125,281 22,70'?,437
2,575,066
220,‘‘Ol
1,326,757 14,7&2,808
549,468

675,8 JO

721,742

936,253

Barley

9,502,182

4,714,262 3,578.827 38,22^,643 35.395.461
4,534,945 4,532,249 45,074,749 45,367,066
1,425,779 1,266,519 12,380,358 11,012,125

dry industries & infs.

qrs.

1882.
49 4,503

1883.

1884.
Wheat...

9,903,874 124,848,839 101,058,223

656,028

3,427,160

..

Metals and

SALES.

*

COUNTRIES TO BRITISH POSSESSIONS.
In October
, ,
In Ten Months—•
1884.
1883.
18-4.
1883.
£
£
£
£

IMPORTS FROM FOREIGN

Av’ge price of English

wheat for season.qrs. 32s. lOd.
Visible supply of wheat
in the U. S...n.bush.36.025.000
Afloat to U. K.....qrs, *1,720,000

.
*

Baltic

supplies not included.

4,758,654 54,513,000 53,156,916
the official report, was in defect
English Market Reports—Per Cable.
over the whole of the United Kingdom, except in the north of
The daily closing quotations for securities, &c., at London,
Ireland and the east of England. \n the latter district the and for breadstuff8 and provisions at Liverpool, are reported
by cable as follows for the week ending Nov. 28 :
excess was entirely due to a heavy fall in the second week,
ending October 13. In all other parts of England the defect
Fri.
Thur8.
Wed.
Tuts.
Mon.
Sat.
London.
was very considerable.
Both in Scotland and England the
49 7b
49 7b
4978
50
d. 50 *8
only period in which the fall was in excess of the aver¬ Silver, per oz
100 i1 if 100« |6
10013, 100%
100 Sg
Consols for money
100%
age was the second week.
In London the fall was 1*01 Consols for account
100’e
100I110 1009^
10078
78 921a
79-00
79-20
rentes (in Paris) fr 76*87*2 7900
inches, which is 1*73 inches less than usual.
During Fr’oh
117
11718
116%
U63g
1163g
U. S. 4*ss of 1891
12614
125%
12578
12558
125*2
the last 72 years there are but three in which the fall U. 8. 4s of 1907
465s
46*2
46*8
46*8
457g
Canadian Pacific
for October was less ; these were 0*80 inches in 1830, 0*40 Chic. Mil. & 8t. Paul.... 79
81*2
8 b r>s
79‘4
787s
14*2
14
147s
14*8
in 1834 and 0*76 in 1879.
Both in October, 1880 and 1881, Erie, common stook.... 1358
12z78
i2m>
119*4
1194
119*8
Qlinois Central
53
the fall for the month was more than five times as great as Pennsylvania
52 »s
52%
523a
52*4
12
12
11*2
11*8
1158
Philadelphia
&
Reading
this year.
92
The rainfall returns for the last 70 years show Mew York Central
92*8
92*4
90 ]4
90^8 1 90*8
that October has been the wettest month of the year 21 times.
Fri.
Tfhurs.
Wed.
Mon.
Tues.
Bat.
Liverpool.
The principal point of interest is not so much the fact that the
9.
d.
8.
d.
s.
d.
8.
d.
d.
d.
8.
8.
fall for the month is in defect, but that the whole year has
10 9
10 9
10 9
10 9
10 9
Flour (ex. State).100 lb. 10 9
6 10
been dry ; a fall of over 11 inches is now required to make up
6 9
6 9
6
H
6 8
6 8
Wheat, No. 1, wh. “
6 7
6 7
6 7
6
G
6
6
6
6
the annual average.
Spring, No. 2,n. “
The total fall for the ten month", from
9 8
9 8
9
8
9
8
9
8
9
8
Winter, South, n “
6 7
6 7
6
7
6
6
6
6
6
6
to
October,
only
13*42
which
is
G*92
January
is
inches,
inches
Winter, West., n
“
6 8
6 8
6 8
8
6
6
7
6
6
Cal., No. 1
"
less than usual.
The returns for the last 70 years do not show
6 5
6 5
6
5
6
5
4
5
6
6
Cal., No. 2
“
5
0
5
f,
0
5
5
Ob?
0*2
0*a
so small an account for a corresponding period, but in 1847 the
Corn, mix., old... “
5 4*4
5 3*2 5 4*2 5 4*2
5 31-3 5 3
Corn, mix., new..
“
0
amount was only 13*52 inches.
It is now a certainty that the Pork, West. mess.. V bbl 66 0 66 0 66 0 66 0 66 0 36
37 0
33 0
C8 0
39 0
40 0
40 0
Bacon,
long
clear
n o
present year will be the first break in the succession of wet
81 0
81
0
31 0
81
0
Beef, pr. mess, new,# to 81 0
IQ
0
38 0
38 0
37 3
38 0
years recently experienced, and that generally over the whole Lard, prime West. # ewt 33 0
62
0
0
62
1
Cheese. Am. choice
’62 0 62 0 62 0
country, although more especially over England ; 1883 was
Tot. val.

(part, est’m’d) 6,672,000

The rainfall in October, says




..

•

r

599

CHRONICLE

THE

1884.]

November 29,

({notations In Boston, Philadelphia and Baltimore.

(Ccmmievciat ami pTiscellaueo as 3Jeius

SECURITIES.

Exports for the Week.—The imports of last

Imports and

with those of the preceding week, show
an increase in both dry goods and in general
merchandise.
The total imports were $6,871,765, against $5,998,954 the pre¬
ceding week and $8,036,061 two weeks previous. The exports
for the week ended Nov. 25 amounted to $6,463,831, against
$7,085,519 last week and $5,543,248 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Nov. 20 and for the week ending (for general
merchandise) Nov. 21; also totals since the beginning of the
week, compared

first week in Januarv:

1883.

1882.

1881.

120*o

7s.

74

...

§

::::::

.*

Lowell—7s
6s
Boston A Providence—7s
Burl. A Mo.—Ld. gr., 7s.

1884.

Dry goods

mer’dlse..

Total
Since Jan. 1.

$1,798,793
5,742,087

$1,237,193
5,233,183

$1,559,827

$7,431,000

$7,540,880

$6,470,331

$6,871,763

5,311,938

$103,092,449 $121,656,873 $112,663,104 $105,497,590
Gen’liner’dise.. 296,039,740 331,083,901 30°,012,207 278,763,031
Cry goods

Total 47 weeks. $399,132,139$452,740,774 $114,680,311 $384,260,621

report of the dry goods trade will be found the im¬
ports of dry goods for one week later.
In

our

The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Nov. 25, 1884, and from January 1 to date:
EXPORTS FROM NEW YORK FOR THE

1881.

1883.

1882.

$6,506,431

$7,049,570
336,803,677

For the week...
Prev. reported..

WEEK.

305,299,853

1884.

$6,463,881

$7,327,303
314,935,325

286,223,507

Total 47 weeks. $343,853,217 $311,806,2*4 i 322,263,128 $292,687,388

The
at the

since

following table shows the exports and imports of specie
port of New York for the week ending Nov. 22, and
January 1, 1884, and for the corresponding periods in

1883 and 1882:
EXPORTS AND IMPORTS OF SPECIE AT

NEW YORK.

105
83

Week.

Great Britain
France

i

Germany
West Indies
Mexico
fiouth America
AH other countries...

-

56,865.858

389,088

1

4,352,821
1,6 00,420

1,327,427

|

3,838.014

338,9(59
2,878

7,800

13,992

314,847
30,186

12,001

846,051
783,092

49.500
11,988

3,067,061
5.323,161
4,622,003

$61.488 j $38,019,574 $2,070,366 $20,237,108
458,166 13,996,866
23,0m.|
001,693
210,607
3,127,697
3.100; 33,832.954

T#tal 1884
Total 1883
Total 1882
Silver.

$181,400|$10,802,672!

Great Britain

$2,480

$195

858, *S0|

ll,432i'

France...,
German/

813

4G.590

168,7451

2,300'

61,641!
211,117:

2,732
14,648

|

68.084:

1,090

83,992 j

50<J

$200,132 $12,255,131
363,109 19,719,236!
365,561 * 10,218,1(5!

$19,165
125,117
167,378

West Indies
Mexico
South America

2,00m

All other countries...

Total 1884
Total 1883
Total 1882

Of

Since Jan. 1.

$.

i $26,481,370

$

....

Week.

Since Jan.l.

......

j

1,017,974
1,898,431*
264,432
61,315

$3,295,073
.

5,462,240

2,722,317

the above

imports for the week in 1884, $481,208 were
silver coin. Of the
exports during the same time, $61,488 were American gold
coin and $2,000 American silver coin.
U. S. 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 :
American gold coin and $2,631 American

Receipts.

Payments.
$

$

Nov. 22
“

24!

“

25.
26.
27.
26.

“
“
“

Total...
*

1,438.553 80

1,400,151 00
942,682 05
S06.096 20
•

9m

Coin.

Currency.
$

$

927,998 77 126,005,645
803.539 06 126,475,130
1,683 147 69 125,606,791
1,481,7*2 92 125,345,510

66

9,835,109 44
66 1>*.012.236 38
16 10 140,110 24
61 9,727,744 07

ILiliduy
*J,444,738 56 125,149,847 88
...

1,933,548 59

6,573,031 64

9,402,150 83

7.311,227 00

Includes $235,CO J gold certilicates taken out of cash.

Auction Sales.—The following, seldom or never sold at the
Stock Exchange, were sold at auction this week by Messrs.
Adrian H. Muller & Son:
Shaves.
<6 Second Av. HR. Co
100 lbird av. RR. Co .301*4-3003*

16

3^4 Brooklyn City RIC Co
-'^0 Pennsylania Coal Co
1-0

210 *2

23 l

Firemen’s Fund Ins.Co..
5
45 Mobile Gas L’t A CokcCo. 52
10 Metropolitan Gas L’t Co.233
10 New York Gas
Light Co. .156y

Tus. Co
^OJefferson
20 Union

121y

National Hank....144
100 Postal Tel. Co




1919

80

.

$ i ,0* 0 Lafayette Bloom’ton &
Muneie RR. Income

1CX4

$1,000 South Side RR. Co. of
Long Island 1st 7s

103*2

$3,000 Second av. RR. Co. 7s,
due 1888

106

$15,000 W’msburgliGas Light
Co. 1st 6s

105*2

$5,000 Southern Tel. Co. 6s,

Efit
,..._

$26,000 Lafayette Bloom’tn <fc
Muneie HR. 1st fc's, due

ewe

due 1902

197e

AErie—2d.7s,cp.,’88
Cons., 6s, 1920

Phil.

*6*0

preferred

;

12
101

!

167

Preferred

17 b

87*4;
130
83
33

37
20

.§

Maine Central

i

j

Gulf

Little Rock A Ft. Smith.
Louisiana A Mo. River..

Cons., 5s, 1920

**13*'

i .... .
Conn. A Passumpsic
1
-GO
Connottou Valley
Det. Lansing A No., pref. 103
39
Eastern, Mass
112
Fitchburg
16
Flint A Pere Marquette.
87
Preferred
Iowa Falls A Sioux City.
Kan. C. Spring!. A Mem.

‘id*
95

-i

Pliila. Newt. A N.Y.—1st
Phil. A R.—1st,6s, 1910..
2d, 7s, coup., 1893
Cons., 7s, reg., 1911
Cons., 7s, coup., 1911..
Cons., 6s, g., 1.R.C.1911
Imp., 6s, g., coup., 1897
Gen., 6s, g., coup., 1908
Gen., 7s, coup., 1908
Income, 7s, coup., 1896
Cons. 5s, 1st ser.,c.,1922
Cons. 5s, 2d ser.,e.,1933
Conv. AdJ. Scrip, ’85-88
Debenture coup., 1893}

Gen., 4s,

PHILADELPHIA.

Allegheny Valley
Ashtabula A Pittsburg..

Elmira A Williamsport..
Preferred

16
50

51
50

T 20

Pennsylvania
Philadelphia A Erie

Phila. Ger. A Norristown
Pliila. Newtown A N.Y’..
Phila. A Reading
Pliila. Wilni. A Balt
Pittsb. Cin. A St. L.—Com.
United N. J. Companies..
West Chester— Cons. pref.
West .1 ersey
West Jersey A Atlantic..
CANAL STOCKS.

61

..

'6s,

reg.,

si y

62
51 *4
13

108

iiy "1 iy
198 4
45
38

Allegh. Val.—7 3-10s, ’96 111
7s, E. oxt., 1910
Inc. 7s, end., coup., ’94
Ashtab. A Pittsb.—1st,6s
1st, 6s, reg., 1908
Belvid’e Del.—1st,6s.1902 121
102
2d, 6s, 1885
103
3d, 63,1887
Bell’s Gap—1st, 7s, 1893.
1 st, 6s, 1905
Consol., 6s, 1913
Buff. N.Y.A Phil.—1st,6s
2d. 7s, 1908
t

Per share.

io2vio2y
119*a 120*3
125

107

122*4

To”
42

10*4

50

Central Ohio—Com
50
Prof
50
Western Maryland
50
RAILROAD BONDS.
A
Chari.—1st
Atlanta
Inc

Balt.AOhio—6s,,’85 A. AO
Cen. Ohio.—6s, 1st,M.AS.
Chari. Col. A Aug.—1st..
2d
Cin. Wash. A Balt.—lsts.

2<is

3ds
2ds

6s, 1900, A. A O
6h, gold. 1900. J.AJ
5s, Series A
os, Series B

Pittsb.ACon’ells.—7sJAJ
Union RR.—1st, gua.JAJ
Canton endorsed

Virginia A Tenn.—5s

VV.MdV—6s, 1st* g”J. A J*.
117

...

120*3 121
120
104
122
128
99

121

*99 *-j

my

103**4
117
113 y
118
118
107

......

69 34

70

'46*'

52

30

37

94*4

...

**95
70

i'o*2
78
•

105
82
....

.....

114

100
.117

113*3
113
105

106*3
107

72

lo4 **4 105*4
114
83

85
105

78

Columbia A Greenv.—lsts

.

133
1134
121 b'
55
I

1907

! RAILR’D STOCKS. Par
Atlanta A Charlotte
Baltimore A Ohio
100
49 *«
1st pref
1
2d pref

55*3

106

82'

BALTIMORE.

No.Ceutral—Cs, ’85, J.AJ.

Schuylkill Nav.. pref...

Ex-dividend.

Mort, RR., reg., 1897
Cons., 7s, reg., 1911

Parkersburg Br

Pennsylvania

*

Leliigli Nav.—6s,reg.,’84.

63*ij
58 *d

42-V 43

Leliigli Navigation

1st, 7s, 1899
Cons. 6s, 1909
W.J ersey A A tl.—1 st,6s,C.
Western Penn.—6s, coup.
6s, P. B„ 1896
Gen., 7s, coup., 1901
CANAL BONDS,
dies. A Del.—1st, 6s,1886

2d,

Nesquehoning Valley....
Norfolk A West’n—Com.
Preferred
Northern Central
North Pennsylvania

98

119*3

old, 1923—

Pennsylv.—6s, cp., 1910..

60*3

Lehigh Valley

....

107

Schuylk. Nav.—1st,6s,rg.

15

Huntingd’n A Broad Top
Preferred

■

Warren A F.—1st, 7s, ’96
West Chester—Cons. 7s..
W. J ersey—1 st, 6s, cp.,’96

RAILROAD STOCKS.!

1st preferred
2d preferred
Delaware A Bound Brook
East Pennsylvania

118*4

Scrip, 1882
Conv., 7s, R. C., 1893..4
Conv. 7s, cp.off, Jan.,’85
Phil.Wil.A Balt,—4s,tr.ct
Pitts.Cin.ASt.L.—7s, reg
Pitts. Titus. A B.—7s,cp
ShamokinV. A Potts.—7s

Manchester A Lawrence.:
20
Marq. ltouglii’n A Onton.j
14
50
Preferred
} .45
Shen. Val.—1st. 7s, 1909
Metropolitan
1 *80
8‘4
Gen’l 6s, 1921
Mexican Central
!
6*«
Nashua A Lowell
j'T44
Income, 6s, 1923
10*4!
N. Y\ A New England ...j
10*t.
Northern of N. 11ampsh.
Snnbury A Erie—1st, 7s.
j
Sunb. llaz. A VV.—1st, 5s
Norwich A Worcester...
I
2d 6s 1938
Old Colony
143*a 144
Svr Don A Corn.—1st. 7s.
Portland Saco A Portsm. -----l’ex. A Pac.—1st, 6s, 1905
Rutland—Pref hired
! 17*2: 18
12
Summit Branch.
Consol., 6s, 1905
j
Union
A Titusv.—1st, 7s.
Vermont A Mass
United N. J.—Cons.6s,’94
Worcester A Nashua
10
Cons, (is, gold, 1901
Wisconsin Central
§20
Cons. 6s, gold, 1908
Preferred

Preferred
Bell’s Gap
Buffalo N.\r. A Phil.
Preferred
Camden A Atlantic..
Preferred
Catawissa

119
116

II

Cambrid.e
Chic. A West Michigan..
Cinn. Sandusky A Cleve.

107
115

2d, 6s, 1904
Cons., 6 p. c
Cam. A Burl. Co.—6s,’97.
Catawissa— 1st, 7s, con. c.
Chat. M., 10s, 1888
New 7s, reg. A coup

Cons. 5s, 1895
ItliacaAAth.—1st, gld.,7s
8H. Leh. V.—lst,6s,C.AR.,’98
Income
77^
2d, 7s, reg., 1910
Scrip
90
Cons. 6s, C.A R., 1923..
N. Y. A N. England—6s..
TOO
99\
N. O. Pac.—1st, 6s, 1920.
7s
No. Penn.—1st, 6s, cp.,’85
N. Mexico & So. Pac.—7s 116*i(
2d, 7s, cp. 1896
Ogdensb.A L.Ch.—Con.Gs
1 ncome
Gen., 7s, 1903
Debenture 6s, reg—
Old Colony—7s
118
§116
Norfolk A West.—Gen.,6s
6s
116
y
Pueblo A Ark. Val.—7s..
N. R. Div., 1st, 68.1932
98
Oil City A Chic.—1 st, 6s
Rutland—6s, 1st
94*4 95
Oil Creek—1st, 6s, coup
Sonora—7s
STOCKS.
Pennsylv.—Gen., 6s, reg.
*73*4! 73*2
Atchison & Topeka
Gen., 6s, cp., 1910—
7*4'
7 :,0
At lantie A Pacitic
Cons., 6s, reg., 1905—
167
|167-4
Boston A Albany
Cons., 6s, coup., 1905.
99^
190
Boston A Lowell
Cons., 5s, reg., 1919
*162 81 163
Boston A Maine
Pa. A N. Yr. C.—7s, 1896.
*164
|
Boston A Providence
7,1906
100
Perkiomen—1 st, 6s,cp.’87
Bo-don Revere B. A Lynn!§.

Cheshire,

106*3

1114*2 EastonAAmb’y—5s, 1920 103*u
El AWmsp’t-1 st,6s, 1910 113
107
5s, perpetual
96
Jlarnsb'g—1st, 6s, 1883..
112
I H AB.T —1st, 7s, g., 1890

114

117

RAILROAD BONDS.

Bonds.

Atl.—1st,7s,g.,'93

Delaware- 6s, rg. A cp.,V.
Del. A Bound Br — 1st, 7s
East Penn.—1st, 7s, 1888

1

Preferred
Little Schuylkill
Minehill A Sell. Haven...

Balance s.
Dale.

j

Preferred

Imports.

Exports.

Cam. A

/Conuect’g 6s, cp., 1900-04
j Cor.CowanA Ant.,deb.6s,

K. City Lawr. A So,—6s..!§—
K. City St. Jo. AC. B.—7 s 117
95
Little R. & Ft. S.—7s, 1st
99
K. City Sp’d A Mem.—6s
35*4]
Mexican Central—7s

Fort Scott A

Gold.

|

117

1*1*7”

Nebraska, 6s. Exempt
Nebraska, 6s.Nou-ex’pt
Nebraska, 4s

East’rn, Mass.—6s, new..
Fort Scott A Gulf—7s

$1,523,408
5,960,592

1
t

—

GbnT

>

Rostnn A

Amboy—6s, c.,’89

Mort., 6s, 1889

j

Ask

.

Cam. A

125

....

Bid.

Cons. Os. 19-1

1 1st. Tr. 6s, 1922
j Buff.Pit ts. A W.— Gen.,6s

§15

Income
Boston A Maine—7s
Boston A Albanv—7s

6s

j

118 *ol
77 y
y

3113

7s

Atlantic A Pacilic—6s

Conn. A Passumpsic—7s.
Connottou Valley—6s —
5s

FOREIGN IMPORTS AT NEW YORK.

lor Week.

BOSTON,
Atch. A Topeka—1st,
Land grant,

ij
SECURITIES.
Bid. Ask.j!
|'jEuff. N.Y A I\—(Cent.)—
121

j

2d, guar., J. A J
2d, guar, by W.Co.,J.AJ.
6s, 3d, guar., J. A J
Wilm.C A Avtg.—6s
Wll. A Weiuou—Gold, 7s.

I In default.

60
175

118
9
50

14

12*3
108
78
101

109
80

106*3
105
85

106

96
63
29
94 *3
56

64

29*3
95*3
58

102*4
IS
115
101
101

1*20*4
121
106

108

107*3 107 34
109
117

112

§ Last price this week.

THE CHRONICLE

600

3£hc jankers7 (§&zctU.

rvoL. xxxix.

30 premium; New Orleans commercial, 50 discount; bank,
100 premium ; St. Louis, 75 premium; Chicago, 50 premium.
The posted rates of leading bankers are as follows :

DIVIDENDS.
November 28.
The following

Name of Company.

Railroad*.
Boston A Albany

Per

TVhen

Books Closed.

Cent.

Payable.

(Days inclusive.)

$2

Dec.

31 Nov. 30 to
15
26
26
1

Boston Ac Lowell

3

Chic. Burl. A Quincy
Chic. A Northwestern, com

‘2

Dec.

3*2

Dec.
Dec.

do

Do

Sixty Days Demand.

dividends have recently been announced :

2

pref

Northern (N. II.)...

$3

Wilmington & Weldon

4

Wilmington Columbia

& Augusta.
miscellaneous.

3

3

Lehigh Coal A Navigation

Dec.
Ian.
.Jan.
Dec.

Nov. 24 to- Nov. 29
4 to Dec. 28
Dec.
Dec.
4 to Dec. 28
Nov. 19 to

to Dec. ,8

81%
79%

4 85%

79

243a

5 21%

397a

40%

943@

95

-

$4 85

X X Reichmarks. 4 74
X Guilders
3 96

10

4
4
4
5

Coins.—The following are quotations in gold for various
coins:
Sovereigns

Napoleons........ 3 85

15

9 Nov. 30

Prime bankers’ sterlin g bills on London
Prime commercial
Documentary commercial
Paris (francs)
Amsterdam (guilders)
Frankfort or Bremen (reichmarks)

^$4 S9
7b 3 89%
7b

Five francs
Mexican dollars..
Do uncommerc’l.
Peruvian soles

4 78
4 GO

7b
7b 15 G5

—
—
—

92%A
85% A
f 4% A

—
78
Max. Doubloons.. 15 55
ftlo 65
English silver
4 78 7b
P ne silver bars
1 03%?? 1 03% i U. 8. trade dollars — 85% A
Fi ne gold bars....
par A % prem j U. 8. silver dollars — 993* 3
D mes& % dimes. — 99 %A par

Saan’h Doubloons.15 55

i

NEW YORK,

FRIDAY. NOV. 28, 1884-5 P. M.

—
—
—

94%
86
86

4 84

..

par.

Money Market and Financial Situation.—There has
United States Bonds.'—The transactions in government
been an improved tone this week, both at the Stock and
bonds have been on a very small scale the past week, but
Produce exchanges.
have been strong and quotations have advanced slightly.
An opinion has prevailed to some extent that the first of prices
The bids for the 3s have been higher, probably on the reports
December would be a period from whence a new departure that the Treasury Department would issue no more bond calls
might well be taken for a fair advance in prices, and as senti¬ for the present.
The closing prices at the N. Y. Board have been as follows:
ment has much to do with the movement of the markets, it is
The

quite possible that this feeling has had something to do with

'

the better tone.

Interest
Periods.

Nov.
oj

Nov.
24.

Nov.
25.

Nov.
26.

*113% *113%

Nov.
27.

Nov.
28.

*113%

189L
reg. Q.-Mar. 113% *113%
after another is removed 4%s,
:
*114%
4%s, 1831
coup. Q.-Mar. *114% *11 4 5* '111% *414 -H
122% *122% *122%
122%
from the field, albeit in some cases by the severe process of 4s, 1907
reg. Q.-Jan. *122
12234
4 s, 1907
*122% *122% 122%
cout). J.-Jan. *122
foreclosure, the atmosphere becomes clearer, and the chance 3 s, option U. 8
•'101%
101% *101%
reg. al.-Feb. *101
*129
*129
*128
*128
6s,our’cy, ’95....reg r. a j. *128
for general improvement is greater.
This week there has been 63,our’ey,
*131
’96....reg J. A J. *129% *129% *129% *131
*133
*131
*131
*133
an upheaval in Erie, which is accepted by the Street with sat¬
63, onr’ey, ’97
reg I. A J. *131
*134
*13 4
*133
*13 3
Gi, cur’oy. ’98
reg r. a j *133
isfaction; while the Texas & Pacific lias practically completed 6s.our’ey, ’99.. .reg. J. A J. *134 *134 *134 *135
*135
its adjustment, and will apparently go forward under better
This is the price bid at tbe morning board; no sale was made.
auspices, where its undoubted vitality as a growing property
State and Railroad Bonds.—State bonds have been nomi¬
will have a chance for development.
nal, the only transaction reported being $3,500 Alabama, class
The excessive abundance of money in our city banks is a A, at 81.
Railroad bonds continue to improve, and the demand has
conspicuous feature, and the receipts of gold from abroad may
been quite brisk at the advance.
The Stock Board lists show
yet continue, in spite of the Bank of England rate; at all a
larger and more widely distributed business in bonds than
events there seems to be a good prospect of very easy money we have had for a
long time past. Erie 2ds advanced sharply
for some time to come.
on large transactions,
being stimulated by the change in the
The reports from manufacturing, mining and railroad com¬ management of that road; the price to-day closed at 58%,
51% last week. West Shore 5s have also been quite
panies of a reduction in working force, and also reductions in against
active and advanced to 41% on Tuesday, but close to-day at
wages, continue to be as numerous as ever.
Thus far the 41%, against 40% last Friday. Atlantic & Pacific (Western
employes are generally showing their good sense by accepting division) lsts, after considerable sales, close at 79, against 77%;
the reduction, for hard as it may be on them to accept lower do., incomes, on a brisk business, at 17%, against 16; East
Tenn. 5s at 52%, against 53%; do. incomes at 14%, against
wages, the fact is obvious that the companies are losing
13%; Kansas Pacific 1st consolidated at 95%, against 92; New
money, and they have no alternative but to obtain a conces¬ Jersey Central consolidated assented at 101%, against 99%;
sion from their operatives or shut down.
Missouri Kansas & Texas consolidated 7s at 104, against 102%;
do.
general 6s at 74, against 71 ; Texas & Pacific Rios at 54,
Rates for call loans during the week on stock and bond col¬
laterals have ranged at % t0 1% P3r cent and to day at 1@1% against 51%.
Railroad and Miscellaneous Stocks.—In the early part of
percent. Prime commercial paper is quoted at 4%@5% per
the week the speculation on the Stock Exchange wa§ dull and
cent.
The Bank of England weekly statement on Thursday showed somewhat irregular. On Monday the market was dull, except
for a few leading shares, and the only features were a slight
a gain in specie of £166,000, and the percentage of reserve to
liabilities was 39%, against 33 3-16 last week; the dis¬ rise in the Vanderbilts and Lackawanna and a decided break
count rate remains at 5 per cent.
The Bank of France lost in Northern Pacific preferred, on free selling assisted by
various speculative rumors. Since Monday the market lias
500,000 francs in gold and gained 1,200,000 francs in silver.
The New York Clearing House banks, in their statement of greatly improved and prices have advanced quite sharply on
an active market, the advance being led by the Vanderbilts,
Nov. 22, showed an increase in surplus reserve of $2,771,525,
the surplus being $40,240,050, against $37,474,525 the previous Grangers and Lackawanna. This is reported to bo largely the
result of speculative action, though there are some indications
week.
The following table shows the changes from the previous of a healthier and improved feeling, and there have been
week and a comparison with the two preceding years in the rumors of late that a number of the leading bears of the past
year have materially changed their views of the market.
averages of the New York Clearing House banks.
As

one

embarrassed company

J

*

—

—

*

.

1834.
Now 22.
Loans and dis.

Diffci ''nccs fr'm
Previous Week.

Legal tenders.
Legal reserve

$81,471,850

Circulation...
Net deposits..

1882.
Nov. 25.

$238,539,700 Doc..$ 3,010,700 $324,638,700 $309,208,800
84,370.500 Inc. 2,015,900
r> 2 9.900
11.711.6)0 Dec.
530.700
325,837.40(1 rne.
888,3 09
37,347,400 Inc.

Specie

1883.
Nov. 2 4.

Reserve held.

Tnc. $132,675
121,717,900 Inc. 2,904,200

Surplus

$40,240,050 fnc .i? >2,771,525

48,245.500

50.865,800
15,400,700
315,677,000

18.590,700
277,9 10,009

27,337,500

19,165,800

$78,919,400
84.2033,00

$69,482,500
67,411,300

Union Pacific and Western Union fluctuate to some extent
independently of the rest of the market, and have continued
relatively weak while other stocks were advancing, and show
little improvement over the close of last Friday.
Northern Pacific preferred has been moderately active, and
declined sharply early in the week, but has since partially

recovered.

.

between the N. Y. Central and the West
Shore is still watched sharply, and is commented upon in con¬
The railroad

war

the Stock Exchange markets.
There is little
change to be noted; there are constant rumors of an adjust¬
ment, but there seems to Vie no good foundation for them,
Exchange.—The sterling exchange market was moderately unless it turns out that the mediation offered by Erie shall
active early in the week and rates were well maintained, some result in something.
drawers being inclined to advance their posted rates. - On
The change in the management of Erie has been a signifi¬
Wednesday, however, rates were reduced %c., and it is con¬ cant feature and has done much toward the improved feeling,
cluded that the recent large shipments of cotton have created though the annual statement of financial condition cannot
a more abundant supply of commercial bills.
bo said to be very favorable.
To-day tue rates on actual business were as follows, viz.:
Chicago & Northwestern announces its usual dividends,
Bankers' 60 days sterling, 4 80%@4 81; demand, 4 S4%@
accompanied by a vague statement of the net earnings in the
4 85.
Cables, 4 8554(5)4 85%.
Commercial bills were 4 79($ past six months. It would have been far more satisfactory if
4 79%.
Continental bills were: Francs, 5 25 and 5 21%; reich- the company had given a frank exhibit of the half-years
business.
marks, 91!^t®94?3 and 94%@95; guilders, 39% and 40.
The following were the rates of domestic exchange on New
To-day the tone was variable, being rat her weak in the morn¬
York at the under-mentioned cities to-day: Savannah, buying ing and stronger afterward, with a spurt in Louisville & Nash¬
% discount, selling % discount @ par; Charleston buying ville, but weaker again towards the close, and prices generally
%@3-10 premium, selling par id} 3-10 premium ; Boston 25@ below those of Wednesday night.




$5,253,900 (If. $2,071,200

nection with

THE CHRONICLE,

November 29, 1884. ]

001

NEW YORK STOCK EXCHANGE PRICES POR WEEK ENDING NOV.
2S, AND SINCE JAN. 1, 1881.
HIGHEST
STOCKS

Saturday,

Monrtay.

Nov. 22.

Nov. 24.

AND

LOWEST

Tuesday,

PRICES.

Wednesday,

Nov. 25,

Nov. 20.

Sales of
the Week

Thursday,

Friday,

(Shares).

Nov. 28.

Nov. 27.

For Full
Year 1883.

Range Since Jan. 1,1884.
Lowest.

Highest.

l? A Hi ROADS.

Albany «fc Susquehanna
Boston & N. Y. Air-Lino, prof.
Burlington Cod. Itapids it No.
Canadian Pacilic
Canada Southern
Cedar Falls & Minnesota
Central of Now Jersey—.—
Central Pacilic

Cliosapeako & Ohio
Do
Do

126
July 3 135
80*2 Mar. 27 00
44
32

10%

41%
34*s
*4%

42%

*434

Chicago & Alton
Chicago Burlington & Quincy. 121
70%
Chicago Milwaukee it St. Paul
Do
pref. 105%
88%
Chicago it Northwestern
Do
pref. *125
Chicago Rock Island <t Pacilic 108*4
7%
Chicago St. Louis it Pittsburg.
Do
pref. *15
20*4
Chicago St. Paul Minn. & Oin..

31*2

12

no

12

*44%

pref.

Do

125

j

100

|

7%!
17

I

1*4

4*4

7*.»

7

%'

Green

Houston 0: Texas Central

j

Illinois Central

'31

*110

117

leased lino 4 p.cj

Do

Weat’nj

Indiana Bloomingt’n it
Lake Erie it Western
n.ake Shore

33 *4
*5

10%

40*2
31V
12

45
32
10
42
34

I

42*4
315«
U

0*2

II

10 34

45
32
13
43
35
0
12

45*2
31%
*10*2

1 1 :*4
0 *2
8
0*2
8%
130
130 i*12!) *2 130
110
120*2 120 "4 121
1

'

108*4 108%
*7
7%
*15

120

120

108

110%

111

0
10
30

*7
*15

*0%
*15,

17

28 a4
00
*

108

01*4

01%

31
92

31

35

8%

30*8

7
*30
-5

7*4

.

32
6

*3 L

*4*6"

110

117

15

*11*2

7*8

7*8

5

5

0

r

*7 *4
*30
*5

*15 •%

15 %

12 %

*11%

050
343

130,005

0%

4*4

4

4

*8

025

%

3*100

7%

1,000

5*4
*

*225

15%

500

07 %
05 %
25 %

"go*

142*404

05 %

28

110

13,405

common

consol..

*70%

Do

2,075
*

400

00*4

270

13

13
20

425

pref.

Minneapolis & St. Louis
pref.

Do

•

27%
10*8

Kansas it Texas
Pacific

04%

17%
0434

Ohio
Essox

122% 122*8

Nashv.Chaltanoogait St.Louis

38

38

New York Central it Hudson.
New York Chic, it St. Louis...
Do
pref.
New York Lack, it Western...
New York Lake Erie it West.
Do
pref.
New York it New England
New York New Haven it Hart.
New York Ontario it Western.
New York Susq. it Western...
Do
pref.
Norfolk & Western
Do
pref

88%

80 34
5 %

5%

I

1,100
8,150

5,800

“224
200

78,728
530
100

*8

*14*4

15%

47**10*6

31

32

800
000

11%
2%

11%
2%

500

<1
M

5

Do
pref
Ohio Central
Ohio <t Mississippi
Ohio Southern

Peoria Decatur it Evansville..

Philadelphia it Reading
Pittsburg Ft. Wayne it Chic...

o

18

IS

a

18*4

18%

41%

42%

1%
17*4

1%

2,050
91,557
5,073

17*4

100

13%

14*4

14
23 %

15
23 %

17,057
2,100
4,700

10

10
3

200
800

20 *4

300
1 50

850

Rich, it Alleg., st’k trust etfs..

1Z0

Richmond <t Danville
Richmond it W’t P’t Terminal
Rochester it Pittsburg.........
Rome Watertown it Ogdens!)..
St. Louis Alton it Terre Haute
Do
nref.
St. Louis it San Francisco
Do
pref.
'
Do
1st pref.
St. Paul it Duluth
Do
pref

2%
20 *4

m

21%“
40% 40%
83'% 83%
81

St

12%

13%

50 %

51
5

D

pref.

Bankei

& Cable Co

833

317

52%

52%

510

*8

!)
01 %

too

Oregon Improvement Co
Oregon Railway it Nav. Co
Pacific Mail

520

2,235
150

1,050

527a
111

0*2

,

Do
Western Union

pref
Telegraph
EXPRESS*.

OO-'a

53;ia
111

10,031

>2

501
8t 0

01*4

100
5l,30u

O

Adams
American

131

130

05

United states...
Wells, Fargo «fc Co
;*10S
INACTIVE STOCKS.
Atchison Topeka it Santa l’e..
Chicago it Alton, pref
J olie t it
Chicago

*51

05
55

40
5

107*2 108

155

,

23%
35*q.

14%

27

_

51

45

Jan.

8*2 Feb.
Nov. 14 185
Nov. 14

20

J uno20
51
J uno23 140
80
July
June21
20*4

70
9
6 7s June

Jan
Feb. 13
Mar.

Jan.

27 1934 Jan.
03**8 Nov. 10 10434 Mar.
02
May 24 78*4 Mar. 15
22*2 Juno 24 513a Mar.

110
30

June27 127
June 20 58
83*2 Nov. 7 122
5
July 1 10*8

83s Nov. 24
83
June 20
11 *8 J uno 27
20 June 27
8
J uue 24

175
7

July

7

Juno27
2 *2 Oct.
0
8*4 Nov. 25

-10
17
14

Jan. 20
Nov. 25
Juno27

37*4 Juno 27
1®8 June 18

14*58 May 14
5

Juno 12

834 Aug. 8
6 *4 J une 20

Jau. 29
Mar. 14
Mar. 13

10%

*5*6" 8*2 *3
124
148
77
84%
17*2 35 %
13*2

10
Nov. 11
35
J an.
40
Jan. 22
07
Aug. 20
82
Jan. 21
93*2 Apr. 7
42
Jan. 23
05
Aug. 21
00 *2 Nov. 8 70
Aug. 22
10
Mar. 18
Aug. 20 24
23
June 27
40
Jau. 11
85
June30 105
Apr. 15
5134 June27 04 *2 Mar. 4
20
Feb. 11
10
Jan.
7
31
Oct. 22
41
Apr. 10
7*2 June 23 18*2 Jau. 7
17
June21
30*2 Feb. 11
0*2 June 27 23*4 Jan. 5

63*2 May 20 100 Juue2l
ft 1^ Tmw>9n
0*4 June 20 1334 Mar. 24

75

5

33%

92 »4 114%
58
86%

.

40%
30
38
80
38

58%
68

53%
90
53

12*2
32
76
77
10
35

30%
55

95%
100%
18

1G34
33

19*2

48%
30%
68%

86

34%
106%

10
120

19%
129%

50*»

64%

111*2 129*8
7

15%

2()34 Feb. 14

13%

94 *2 Apr.

83 3,

35
89%

Fob. 15

12
28% Jan. 5
Mar.
71
17*2 Apr.

3

May

1

10*2 Ian.

7

184
0

4

267|

40%

72
17*2

83

109

15%

Feb. 28

52*4
183

29%
8%

47|

18*4 Feb. 10
12*2 Nov. 3

14
10

2134

42

32

23*8

49%
53%

49%

90%

Feb. 15
Jan.
7
Jan.
7

27
57
4 *2

Sept. 5

25 7g Mar. 17

1134 Oct.
24

7

Mar. 22

18

2

14*4

21
7
19

36%
1434
32

29% 89
34*8 Jan. 7
28
J uno 20 1734 Aug. 20
12
46% 61*8
2034 Nov.
60% Eob. 23
120
June 30 135
Apr. 14 129Q 138
2 *8 May 21
4
5
J an. 11
15%
32
J uly 3
72
47
61
Feb. 14
7

12

June20

17s J uly 24

It
18
70

Oct. 18
June27

July

Juiie 30
J uly 11

15
05

70*8 Get. 20
5%.I uno27
23
4
0

32

Feb. 15

16*8 Feb.
24
50
90

Mar. 21
Mar. 17
Feb

29% Aug.
50

4

221

Alar. 18|

90% Apr. 101
32% Jan
9l
90
99

Jan.
Jan.

20j
7

22% Fob. 11

21
14
15
35
80

20%
40
87
33
90
94

39
23
34
85
103

30%
59%
100%
40%

9734
109%

17%

43

15

30%
57 V

Juno 30
June 27

81% Feb. 10'
19% Jau. 7!

70% 104%

May 20

32

29*8

Jau.

5

57
69%
01% Jau. 8
127% Apr. 10i 118*4 140%
14
7
393b
17% Mar. 17
Feb. ll| 102% 112%
82% Oct. 18 114
10
25
15
May 10 17% Jan. 10|
125
55
Fob. 9
122% Jau. 7 170
50
8% J uue 28 05% Jan. 7
91%
150
90
Jan. 28
00%.) une20 112
31
44%
May 10 56% Mar. 17! 28
90
Jan.
May 2-1 117
7| 112*4 134
5
9%
3% June30
0% Feb. ll|
20
30
June 20 32% Feb. 5
46%
At ay 14
49
88%
71%
78*8 Feb. 16
49

May 10

1

Coal it Iron
Delaware & Hudson Canal
Mutual Union Telegraph
New York it Texas Land Co

Pullman Palace Car Co
Quicksilver Mining

1,835
11,305
251,075

13%

s' it Merchants’ Tel

Colorado

17%
90
8b*

61
13
23

Jan.
Feb. 1)
Jan.

17

71%

84%
65%

68*4

0734 Jan.
15
28

47*4

May

3
1,100
11% Juiie 20
1,300 *21% J uno 30
527
70
May 15

13 %

MIHCRLIiANEOr*.

American Tel.

100

100

St. Paul Minnoap. A: Manitoba
Texas it Pacific
Union Pacific
:
Wabash St .‘.ouis it Pacific....

Oct. 2

185

’**1*6

Oregon Short Line
Oregon it Trans-Continental...

Dr

30
4

550
100

A

Northern Pacific

June 30

86

10

Jan. 18
Jan. 11

__

00*4

West’n|

Milwaukee L. Shore it

71*4

—

Metropolitan Elevated
Michigan Central

12
90

135

78
75
48 78

128
140*4 Feb.
137%
12734 Feb. 16 115% 129%
58*4 June 2. 94*4 Jan. 3
9134 108%
95 78 June 27 119
19
lob. 16 115
122%
8l%Juue2 3‘ 124 leb. 12 115*4 140%
117
-3 149*2 Feb. 12 134
Juno2
157
100*4 June23 12034 Peb. 11 116*2 127%
0
10*2 22
Sept.20 13*4 Jan. 5
10*2 Nov. 18 35 Jan. II
33
57%
30
38
2l78Juno20
55
*« Aug. 20
91
8034 Juno 27 IOO Aug. 20
113*4,
28
June27 09*2 Mar. 14
54
84
125*8 Juno‘24 141
124*a 142:
Apr.
00 >2 May 20 133*8 Mar.
111*2 131*2
6% Juno 23 25*8 Jan.
21*4 51*2
52
Oct. 25
82 " Mar. 10
92
77
3 *2 May 14
4 4
11*4
8*4 Feb. 15
0
Juiie 12 14 *2 Feb. 15
11*4 2‘A

3,017 no

12

Louisville it Nashville
Louisville New Albany & Chic
Manhattan Elevated

Manhattan Beach Co
Memphis it Charleston

30
5

Jan. 10

58*4 Jan. 18
57 7e Feb. 11

2434 Juno27
8
May 22
30*4 Get. 25

800
*

Long Island

Missouri
Missouri
Mobile .it
Morris it

100

100*8 100%

120% 120%

15

5,303

1,220

117% 121*4
>'11%

2,110

137% 137%

32' * ‘*3*3"

13

415

107,345

"

3*800

*31** *4*6’ *

10

218,800

30*2

7%

80

400
Juno 27
300
9*2 Juno 20
320
O'h Nov. 17
125 118
Juno23
3,405 107 Juno2'7

00*2

8
32

June28
June 27

127

T

9 *s

-

Do
Do
Do

35

0

*

*25

34*4
"5*2

7,005
7,242

30*2
00*2

10834 110*8

8%

42%

120*2
110*2 111%
*7
7*2

....

100%

42

78
70:,4
107
107
02
01*2
*2

111%
7%
18

30

......

2,718
1,015

120

"*4*8 **4 *4 ’*4*8 "4*1*1 “4%

*

....

125

40
32 *o
13

*10
-7 *2
12!)
120
121
121

121%
77
70*8 78*4 ! 7 I 7s SO *8
105 <**8; *105*4 100 *105*4 105a4 ! 100*2100*2
8!)%i 80 "a 00 *4 SO *8 01 78 01*4 02 a4

Evansville & Terre Haute

Bajr Winona it St. Pauli
Harlem, pref
i
...i

41*2

*5
0
*10
10 34
-5
7%
02!)
130
11!)
119%
70 % 77 *4

20 *4
20*8 29*s
Do
00*4 00*4! -80% 00
pref.
*34
32
Cleveland Col. Cinn. «fe Ind
35*2! 32
Cleveland & Pittsburg, guar.. 13734 137% 137% 137%
Delaware Lackawanna & West' 100 r*8 107*2’ 107*4 108%
0
9%
0
Denver & Rio Grande
Dubuque & Sioux City
East Tennessee Va. <t Ga

31*2
*0*2

41% 42%
33% 31*4

35*4
5%
10*4
0*2

10

1st prof
2d prof

32

-11*4
31*4

50
30

Jan. 30

Aug. 10

Oct. 17
June 27

120

July 15 137

87
45
93

J uue24 102

Apr. 24

120% 135

88
94*4
55%
01% Feb. 7
128
Feb. 131 j 113
May 20 115
Alar. 20

May 17

.

62
142

New York Elevated
Ohio it Mississippi, pref

Rensselaer it Saratoga
Texas it New Orleans
United companies of N. J.....
Virginia Midland
Canton Co
Sntro

I uunel
ke Mining

Homest

Maryland

i

260
30*2

Co




are the

prices bid and asked

30*2

300
50

Coal
New Crnt rai < oal
Ontario Silver Mining
Pennsylvania Coal

These

00

Juno23
80% Jan. 7
Juno 13 152
Feb. 10
137
Alar. 4
Apr. 12 1-15
Juno 21 l.d)
115
Junol3
45
Aiay 15 90 Jau. 9
133
Juno 18 140% Apr. 18
Feb 11
90% Nov 22 93

; no

sale

was

made at the Board.

138

90

8434
150
138
105

90
112%
139% 145%

192%.Jan.*

8 193% Alar. 21 j 187% 197
20
.Ian. 24i
31%
29 21
50
Nov. 2 Li 50
39% Nov. 28 40
%
*8
% Nov. 21
*8 Nov. 211
15

S

7
100

78%
140

5
It
204

.1 uiy

Mar. 25
Nov. 18
Nov. 18

11
15

Jan.
4
Feb. 21 i

10*4 Jan. 31
May 10 29% Jau. 29
Fob. 19 204
Fob. 191

t Lower price is ex-dividend.

8
10
9
18

35%

200

280%

19
17
14

■

CHRONICLE.

THE

(>02

fVoL. XXXIX.

XOVE.UBEK 2S, 1S8I.

QUOTATIONS 01' STATE AND BAILltOAD
BONOS.
STATE .ISONDS.

l

Rid. ; A

SECURITIES.
A labaraa—Class A,
Class B, os, 1906
Class C,4s, 1906

994
78V

Missouri—6s, 1886
!
I..6s. due 1889 or 1890....’
j
9
! Asyl’m or Uuiw. due’92

101
2
10
10
10
10
8
100
101
110

08,10-208, 1900
Arkansas—6s, funded—
78, L. Kock A Ft. S. iss.
7s, Memp.& L.Rock RR
7s. L. R.P.B.A N.O. RR
7s, Miss. O. & R. R. RR.
7s, Arkansas Cent. RR.
Ceoicia—6s, 1886

’/v

7s. 1886

7s, gold, 1890

j Funding, 1891-95
1
ij Hannibal & St. Jo., ’86.
!

1

|

New York—6s, rog.,

08, loan, 1891
6s, loan, 1892
6s, loan, 1898
N. Carolina—6s.

I

1

1887;

117
SO
10

1

Funding act, 190!)

Bid.

<Stock Exchanoe

j

Pri't*.t

Central-1st, 6s. 1918
Alleg’y Cent.—1st,6s, 1922

.

Ala.

I

85

86 4

Mlnn.&St.L.—lst.7s.gu.
Ia. City.* West.-1 st, 7s
C.Rap. I. F.& N.—1st, 6s *90
1st, 5s, 1921
!

Pur. money

lst.cous.,
70

98 4

!

fund,1898..!

6s, gold, series A, 1903.1
6s, gold, series B, 1908 .!
6s, currency, 1918

!

Mortgage Os, 1911
j
Chos.O.&S.W.—M. 5-6s...
Chicago & Alton—1st, 7s.1

131

’

130

...

1st, cons., gu.. 6s,

!

!

i

j

1906 1124

Registered.

Rens. & Sar —1st, cp.,7s
1st, reg., 7s, 1921
Denv.& Rio Gr.-— 1st, 1900

*133

Iowa Ext.—1st,

;

Fundimr 5s,

Ask,

07

....

'•! 2d, 7s, 1891

1074

2d, 7s, 1900

:

1st, 6s, 1920

Eliz.Lex.* Big Sandy—6s

!

*84

lErie—1st, extended, 7s...
i
2d, extended, os, 1919 ..] 406
3d, extended,. 44s, 1923 lul

422

-----

..

1st, reg., 1903
Deb. 5s, 1904

...

425

I

*10
122

1024

994

1

j

78,1909. 112

1

j

Registered

-

1374

.4284

|126

4th,s.fd.,0s.l 892
; 1C84‘
St.L.V.&T.1I.—lst,g.,7s
111?
2d, 7s, 1898...
!
1102
2d, guar., 7s, 1898 ....,*112 ;

jPittS.B.* B.—1st,Gs, 1911;

----

108

\

Consol., 1st, 0s, 1922

70
924

i

Rich.&Alleg.—1st,7s,1920 ;
I Rich.* Danv.—Cons.,g.,6si!
Debenture 6s,

1927

504

|
'

Atl.&Ch.—1st,pf.,7s,’97
1
j
Incomes, 1900
1
Scioto Val.—1st, cons., 7s.
!

92

**92*4

40

49:4

106

*1*12**
j St. L. & Iron Mt—1st, 7s j 1114
102
102

4
2d. 7s. 1897
!
Arkansas Br’ch—1st, 7s 1074 10834
105
106
Cairo* Fulton—1st, 7s
Cairo Ark. A T.—1st, 7s j 103 4 105

i 102

j

:

67

Gen’lr’y Al.gr., 5s,1931;
*115
T.H.—lst,7s *115

Stt.L.Alton *

! 105

112

2d, pref., 7s. 1894
'1 105
j 100
2d, income, 7s. 1894
j
Bellow* So. Ill.—1st, 8s
1

110

jSt.P.Miun.A Man.—1st,7s,
| 108
2d, 6s, 1909
103 4

131

130

119

-

2d. 7s, 1912
,136
3d. 7s. 1912
Clew* Pitts.—Cons.s.fd. *

102 1
114
102
74 4!
5^4
104 4
06'

!*10O

;

1384

Pitts.Ft.W.& Chic.—1st

11 Romo W.A Og.—lst,7.s,’911
Con., 1st, ext., as, 1922.)

,

118

Ask.

P.C.ASt.L.—1st, reg.,7S;
2d, 7s. 1913
1

’90

,,

Bid.

|

J 45
1

1 ----jl024 1 Hud.Riv.—7s,2d, s.f., ’85 104 4 ... 105 4 i' Harlem—1st,7s,coup...1 1-7
IM)
1
l!
1st, 7s, reg., 1.900
xl-8 ;
....

iio

1899

Penn. RR.—Continued— 1
Pitt.C.A St.L.—1st, c.,7s *

Va* <

S’thw.Ext.—1st, 7s,1910: 113
Pac. Ext.—1st, 6s, 1921. j 101
Mo. K.A T.—Gen’1.6s,1920; i<>
- General, 5s, 1920
1 08
;j Cons.
7s, 1904-5-0
1 104
Cons.
!

i*1314

110

SECURITIES.

-

,

-VR i
IfO
J-120
110

Sinking fund, 6s, 1903..I 119
La. & Mo. Riv.—1st, 7s.!

it

\

80
!
2d, income, 1911..
--46 4
H.& Cent. Mo.—1st, ’90*100
1st, consol., 7s, 1910
j
88
1 Mobile & Ohio—New Gs..! 103
|
Den.So.Pk.* Pac.—1st, 7s
364 374! Collator’l trust, 6s, 1892
'
I)en.& RioQ.West.-- 1st,6s
J
; 55
1] 1st. Extension, Us, 1927;
!
Det. Mack.*Marq.—1st, Gs,
404
|
i iMorgan’s La.* T.—1st, 6s ------!
Land grant, 3 4s, S.A...!
101
105
! Nasli.Chat.&St.L.—1st,7s; 117 J —]
E.T. Va.*Ga.—1st,7s, 1900 115
75
I 2d. 6s, 1901
!---5141 52
„.i 1st, cons., 5s, 1930
! *93
26 4
j
'IN. Y. Central—6s, 1887... *10i> ---J
^6 Ha 94 4 Divisional os, 1930
!M Deb. certs., ext’d os
> —
*102
Eliz.C.AN.—S.f.,deb.,c.,6s
-----N.Y.C.& H.—1st, cp., 7s 1304 131
102

8

District of Columbia—

77

Milw. &
1 stf, 6s, 1884-1913
Mil.IL.S.*W.—1st,6s,1921!
Minn.* St.L.—lst/7s,1927

,

40
5

Registered

Bid.

SECURITIES.

110 4

guar.7s,1906 1244

Registered

98 7s
75

74 *2

’99
East. Div.—1st, 6s, 1912
Ill. Div.—1st, 6s, 1912..;
Char. Col. & Aug.—1st, 7s
Chesapeake & Ohio —

Susq.—1st, 7s

430

394

BONOS.

Ask.

.

6s

Genoral, Gs, 1924
So.—1st, iut. guar. 5s
2d, 5s, 1913
!

Can.

Reg., 5s, 1913
Central Iowa—1st, 7s,

Alb. *

i

No.-lsl.’os, i910, *95 * 95

1st, Pa. Div., cp.,7s, 1917
1st, Pa. Div., reg., 1917.

40

40

3-65s, 1924

131

Registered, 7s, 1894

44

Virginia.—6s, old
6s^ new, 1866
| 6s, consol, bonds
'
6s, ex-matured coupon.
t 6s, consol., 2d series
6s, deferred.;

384

i

1st, 5s, 1931...

4

40
40

384

....

C’m p’mise,3-4-5-08,1912

106
40

Brown consol’ll 6s, 1893
Tennessee—6s, old, 1891
6s, now, 1892-8-1900

I

Del. L. A W.—Contin’d—
Morris* Essex—1st, 7s

Registered

Buff. N.Y. & P.—Cons.,

o

!i

|

Atch.T.&S.Fe—4 Vs, 1920
Sinking fund, 6s, 1911..
Atl. & Pac.—1st, 6s, 1910.!
Balt.* O.—1 st, 6s, Prk.Br.
Bar. C. Rap.* No.—1st, 5s
Consol.,

1869 \

I; Mauhat-B’ch Co.—78,1909;
1364 ; N.Y.*M.B’h—lst,78.’97j
1134
115
Metropolit’n El.—1st,1908
2d, 7s. 1891
...!
2d, Us, 1899
j
Ronds, 7s, 1900
:
Mex. Cent.—1st, 7s, 1911.;
7s of 1871,1901
! 119 '....
Mich.Cent.- Cons.Ts, 1902
1 st, consol., guar., 7s. J 125 4127
j nv, >/uuoui., ^.**»■•» • -j- 118 81 119
|
Consol, as, 1902
-..I
N.Y. Lack.* W.-lst, 0s *97 4 100
6s, 1909
!
Construction, 5s, 1923
79 ; Del.* Hud. Canal—1st, 7s1
Coupon, 5s, 1931
•
U124
>n3
Registered,
5s,
1931
—
1st. ext., 7s, 1891
|
103-4 ld'324
Coupon, 7s, 1894
1 1164
,j Jack.Lan.&Sag.—-6s,’91.
It

ltailroad Bonds,

105 4 107

non-fundable, 1888. V

Bid.

SECURITIES.

Ask.

*8*2* *
105*o

South Carolina68, Act Mar. 23,

6s, new series, 1914

'!
44

*

1910

6s, 1919
Ohio—6s, 1886

IIAILROAD
SECURITIES.

Wil.C.&Ru.R.

Do

Ho

old. J.&J. j

18
34

Special tax. all classes..
Consol. 4s,

Ask.

1 Tennessee—Continued—

N. Carolina—ContinuedNew bonds, J.&J., ’92-8

j

103 *3
109
|
110
115
1
110
I
100
HI
|

Bid.

SECURITIES.

Ask.

Bid.

SECURITIES.

|

71-v

Loui Oana—7s, -*ous., 19141Ex-matured coupon
j

81

1906.

I Ask.1

Bid.

SECURITIES.

sk.

'

109

Dakota Ext.—6s, 1910...

...

1st, consol., 6s, 1933— 1024 103
1st. cons., 6s, reg., 1933.!
!
Min’s Un- 1st, 6s, 1022 *109
!
St. P.& Dul.-lKt.5s, 19311
;
iSo. Car. R’y—1st, 6s, 1920 102
i!
cw
,j 2d, 6s, 1931
88 I

4th, extended, 5s, 1920.
Chic.—1st HO
120
1st, guar. (564), 7s,’94: 110
115
!
N.Y. Elov’d—1st, 7s, 1906 119
;....
1 11882
2d, (360)), V 1898
j 1st, cons., gold, 7s, 1920
)
; I N.Y.P.* O.—Pr.l’n, 6s, ’95 J
- - - — ....
1st, cons., fd coup., 7s..
2d, guar..(188). 7s, ’98 118 -2
34
•’ge—1st. s.f.6s lo- !
I lnwin.6s, 1908!
, N.Y.C.& N.
Geu.,6s,1910,
Iteorg. 1st
mu miu.
lien. uo,
Miss. R.Br’ge—1st.
33 4
Long Dock b’uus, 7s,’93 rlll-4
j Trust Co. receipts
! ,33 U)3 Shenand’hV.—lst,7s,1909
O.B.& Q.—Consol.7s, 1903; 1-9 [130
General, 6s, 1921
i
BuftVN.Y.* E.—lst,1916|
133
i
N.Y.&.
N.
Engl’d—1st,
7s
19234
6s, sinking fund, 1901 ..J
94
TVT^O.1 it I
I
,Tex.Ceil.—1st, s.f.. 7s, 1909
97 !
964 96-8
1st, Cb, 1905
*
N.Y. L.E.AW.—New2d 6
6s, debentures, 1913—
99
104 !
984
1 97 !i*2*6‘
N.Y.C.*St.L.-l8t,6s>1921
I
1st mort., 7s, 1911
j
Collat’l trust,6s, 1922. |
la. Div.—S.f<l., 5s, 1919;
92 4
! 2d, 0s, 1923
I 41* iTol. Del. & Burl.—Main,6s.*H5
Buff.'* S. W.—M.,Gs,1908:
Sinking fund, 4s, 1919
’
97
92
N.Y.W.Sh.* Buff.—Cp.,5s
I
1st, Dayt. Div., 6s, 1910;
j
Denver Div.—4s, 1922..
I’Ev.A T. II.—1st, cons., 6Si
j Registered, 5s, 1931 — j
i *7*6* ! 1st, Ter’l trust, 6s, 1910;
i1 Mt.Vern’n—1st, 6s, 1923;
Plain 4s, 1921
1
Tex.*
N.O.—1st, 7s, 1905!
N/Y.fsusq.AWest.—1st, Gs
Farpro it So.—1st,
ll)24j 113
C.R.I.*P.-6s,cp., 1917.
i
Sabine Div.—1st,Gs, 114121
j 82
j Debenture, Gs, 1897
i 83
08, reg.j 1917 ............ ; *1]36
Fl’t*
P.Marq.—M.Gs.l 920
; 55
liVa.Mid.—M.inc.,6s. 1927
Midland of N.J.—1st, 6s
804
Gal. Har.A s. Ant.—1st, 6s 1054107
Keok.i; Des M.-lst, 5s' 103 ,
I jWab.St.L.&Pac.—Gen’lOs
N.Y.N.H.AH.—1st, Ig.,4s! HO
38
39
2d, 7s, 1905
i 100
Central of N. J.—1st, 1890 113 4 113 4
C’hic.
!
1910
! 72
Chic.
Div.—5s,
Div.—5s.
71
92
Nevada Central—1st, 6s..
Mex. * l’ac.—let, 5s—|
lstcousol.assented.isoo 1014102
Hav.
1910
Div.—6s,
102:,4jly2
4
N.Pac.—G.l.gr., lst,cp.,6s
2d, Gs. 1931
i
Conv.,assented, 7s. 1902,
80
82
•-’121.
1024;
; Tol.P.AW.—1st, 7s,1917
Registered, 6s, 192
! 74
70
Adjustment, 7s. 1903...! 100J4 1014 Gr’nBayW.ASt.P.—lst.Gs
O l
58
Iowa
Div.—6s,
1921
*2|
N.O.
Pac.—1st,
6s,
1920;
g.,
-78,1909 111
Conv. debent. Us, 1908..
;• -! 1Gulf Col.* S. Fo
90
i 90 4
Ind’polis
Div.—6s,
1921
94
Norf.AW.—Gen’l,
Os,
9b
1931;
| 2d, Gs. 1923 ..
Leh.&W.B.—Con.g’d.as.
Detroit Div.—6s, 1921..
80
Am. D’k* Imp.—5s,1921
j
;Hann. & St. Jos.—8s,conv.1, 1034 1034; New River—1st, 6s,1932
Cairo Div.—5s, 1931
Consol. 6s, 1911
i 1124113 :;Ohio*Miss.—Consol, s.fd. 118
Chic. Mil. & St. Paul—
69 j
118
j
j
Wabash—Mort, 7s, 1909
Consolidated 7s, 1898...' 11 *
1st ,8s, P. D
1 Houston * Texas Cent.—•
!
1394
Tol. AW.—1st, ext., 7s 104
consolidated
1911
2d
7s,
-113
2d, 7 3-10, P.I)., 1898...! ......423 j; w M. L., 7s, 1891
| 110 11034 1st, Springiield I)iv., 7s *1014 102 4
964 100
1st, St. L. Div., 7s, ’89
1st 7s, $ g.. R.D., 1902.! .*-6
i
j 1st, Western Div.. 7s ...; 1044
94
4
95
2d. ext., 7s, 1893......
Ohio Central— 1st, 6s,1920;
544 55 i|
Lac,'. Div., 7s, 1893.1 11<^ I
; 1st, Waco & No., 7s
1084
Equipm’t
bds,
7s,’83.
2d, consol., mainoline,8s 110
1124 1st, Term’l Tr., 6s, 1920j .
!
ist! rr&M.'.Ys; 1897'..: i 1 is 4119
79
797a
•Consol, conv., 7s, 1907
2d. Waco & No., 88,1915:
'
1st, Miu’l Div., Os, 1921
1st, I. * D., 7s, 1899....! 117
84**1 **8*5 4
Gt.West’n—1st, 7s, ’88 102
General, 0s, 1921
i
97
Ohio So.—1st, 0s, 1921
1st, C. * M., 7s, 1903...; 120
130
94
4
2d, 7s, 1893
Cal.—1st,6s,1921;
Consol.
7s, 1905
asol.73,
1130 '
: Houst.E.*W.Tex.—1st,7s *
"
i 924 Orog’n*
67£
Q.& Tol.—1st, 7s, 1890
Or.ATrausc’l—6s,’82-1922; 6(5
1st,,7s. I.* D. Ext., 1908 120
122 | 2d, (is, 1913
I
:
68
70
Hau.A Naples—1st, 7s
Oregon Imp. Co.—1st, (5s.;
. Illinois CentralS.W. Div., 0s, 1909.1 109
109
Ill.* So.Ia.—lst,ex.,Gsi
Oreg’n RR.* Nav.—1st,6s
Springfield Div. -Cp. 6s. *111
1st!os, LaC.*Daw, 1919! *95 i 98
99
il02*
St.L.K.C.&N.—R.0.,7sj 974
-----IhSl..
Middle
Div.—Reg.,5s...Debomures,
is,
lst,S. Minn. Div.,0s, 1910. 1084 109 n
97
98
Omaha Div.—1st, 7s
Panama—S.f., sub.6s,1910;
I
I
C.St.L.A N.O.—Ten.l.,7s *115
1st, H. * D., 7s, 1910...!
122
89
Clar’da Br.—6s. 1919i ......
120
Peoria Dec. & Ev.—1st. 6s:
\ |
97 |
11434’
Chic.* Pac. Div.,0s,1910 *H4
1st, consol., 7s, 1897. ' 118
82
St.Chas.Bge.—1st, 6s j —
96 4
;
Evans. Div.—1st,68,1920
93
95
2d, 6s. 190
1st,Chic. A P.W.,5s. 1921
110
4
No; Missouri—1st, 7s. i 110
98**
96;4
Gold, 5s, 1951
1 105 7g 10i5 4 Peoria * Pek.U’n—1st, Gs;
1014 j WeHt.Un.Tel.—1900,coup.,*110
Min’l Pt. Div., 5s, 1910.
90
98
S.
C.—2d
Div.,
Dub.
&
7s
*115
4,116
Pacitic
Railroads—
i
j__
;
C.*L.Sup.Div.,5s, 1921
1900. reg
*107 ; iVo"
90
98
i
Central Pac.—G., Cs
; 1104 111
Ced. F. * Minn.—1st, 7s 117
Wis.A Mm.Div.,58,1921
105 | N.W. Telegraph—7s, 19041
San Joaquin Br.—6s.., 101
1
Ind. Ill. AW.—1 st prof., 7s * 115
Terminal 5s, 1914
1
98
99
Mut.Un.Tel.-S.fd.6B.19111 684 694
Cal. * Oregon—1st, Gs;
1st, 4-5-Os, 1909
! 72
Chic. & Northwest.—
99
!
' Spring Val. W.W.—1st,6s
Cal. * Or.—Ser. B, 6s.
Sink, fund, 7s, 1885
20,4-5-68,1909
55
\
99
i
i!
Land grant bonds, Gs..
Eastern Div., 6s, 1921.J
76
Consol, bonds, 7s, 1915.
104
•
j
INCOME BONDS.
7s 1014
West. Pac.—Bonds, 6s:
Extension
110
108
! (Interest pnunble >f earned.)
No.R way (Cal.)—1st, 6s,
1st
95
954
4
Alleg’nyCent.—Inc.,
1912
Pac.
of
So.
Cal.
lst,0s
gold 105 4 107
Coupon
17 4
17'*
72
; Atl. A Pac.—luc., 1910...j
_
So.Pac.of Ariz’a—1st, Gs!
Reel"'
So.Pae.of N.Mox.-lst.Gs;
| Central of N. J.—1908
1911! *04
Sink
112
1124 iCent.Ia.—Coup.deb.certs.j
Union Pacitic—1st, 6s ..!
Sink, fund, 6s, 1929, reg t09 4
'!Lake Shore
Land grants, 7s, ’87-89 ! 106 4 10634 iCh.St.P.AM.—L.gr.inc.,6s
102
M. S. * N. I., s. f.. 7s ...i*101
Sinking fund, 5s, 1929.. 100-2
Chic. A E. Ill.—Inc., 1907
1174
118
104
Sinking funds, 8s, ’93.
Clove. A Tol.—Siuk’g fd.
Sink, fund, 5s, 1929, l og 100
.102
1174 DesM.A Ft.D.—lst,inc.,0s
Reg 8s, 1893
New bonds, 7s, 1886..I 103 4
Slnk’g fd. deb., 5s, 1933
954| 95-ri
4 117
Collateral Trust, 6s...i*
1024 Det. Mack. A Marq.—Inc.
25 years deb. 5s, 1909.
9334 Oleve. P. * Ash.—7s—! 114
13:4' 14
do
1194 123
5s, 19071
1
i E.T.V.AGa.—Inc.,os,1931
Buff. * Erie—New bds
Registered
|
Kans.Pac.—1st, Gs,’95; 109
1104 Elizab. C. A Nor.—2d, inc.
Kal.* W. Pigeon—1st..j
Escanaba& L.S.—1 st,0a ......!
i
1st, 6s, 1896
! 107 4 109
Gr.llayW.A St.P.—2(1,inc.
Det.M.A T.—lflt,7s,1906 118
j
DesM.*Min’ap.—lst,7s
!;lnd. Bl. A W.—Inc., 1919
I>env.I)iv.0s,a8’d,’99 104-v
Lake Shore—Div. bonds 119 4
Iowa Midland—1st, 8s
,
127
4
1st, consol., 6s._ 1919|
954! 96 !i Consol., inc., 6s, 1921...
Consol., coup.. 1 st, 7s.
Peninsula— 1st, conv. 7s *120 ]
!
125 4
;
C.Br.U.P.—F.C., 7s, ’95!
Ind’aPec.A Spr’d—2d,inc.) ..
Consol., reg., 1st, 7s...I
Chic.* Milw’kee—lst.7s *1234 124 1
i
Trust Co. certificates
]
118
1184
At.C.A
1\—1st,
1905
6s,
Consol., coup., 2d, 7s..'
Win.* St.P.—1st, 7s, ’87 107^1108 !
95
Leh. A Wilkesb. Coal—’88,*..
114 4
At. J. Co.A W.—1st, 6sj
Consol., reg., 2d, 7s ...!
,*117 118 |
2d, 7s. 1907
E.&
Lake
W.—Inc.,7s,
’99!
Orcg. Short L.—1st, 6sj
Mil.* Mail.—1st,Os,1905
----!
'1 Long I si. lilt—1st, 7s, ’98 118
Sand’ky Div.—Inc., 1920]
Ut. So.—Gen., 7s, 1909i
1.1214
1st, consol., 5s, 1931
*lul
C.C.C.&Ind’s—1st,7s,s.fd.
Laf. Bl. A M un.—I nc.,7 s,’99i
Exten., 1st, 7s, 1909;
119 j
Consol. 7s, 1914
>
Louis. West.—1st, 6s
80
| Mil. L. Sli.A W.—Incomes
Mo. Pac.—1st, cons., 6s.
Consol, sink, fd., 7s, 1914
j!Louisville & Nashville—
58
50
Mob. AO.—lst.prf., debeu.
3d,
7s,
1906
Consol.,
7s, 1898
1134
General consol., Os, 1934]
2d, pref., debentures
Mo.—1st,
6s...
Pac.
of
Cecilian
Br’ch—7s,
1907:
88
4
Chie.8t.P.Min.& Om.—
j 3d, pref., debentures
79 4
2d, 7s. 1891.
N.O.AMob.—1st,6s,1930 *
Consol. Os, 1930
] 113
l| 4tli, pref., debentures ..
St.L.A S.F.—2d, 6a, Cl.A
2d, 6s, 1930
!
C.St.P*M.-lst,6s, 1918 ‘' '
i N.Y.Lake E. AW—Inc. 6s
i’o*6**j
3-6a, Class C, 1906....
E. H.A N.—1st, 0s, 1919 *
No. Wis.—1st. 6s, 1930.
90
3-6s, Class B, 1906....
jfN.Y.P.A 0.-lst,inc.ac.,7s
General, 0s, 1930
8t.P.& S.C.—1st,08,1919
44
Ohio Cent.—Income, 1920
1st, 6s, Pierce C. A O.
Pensacola Div.—6s, 1920
Chic.* E.I11.—lst,s.f.,cnr.
Min’l Div.—Inc.,7s,1921
78,
Equipment,
1895..
St.
L.
Div.—1st,
6s,
1921
Chic.St.L.A P.—lst,con.5s
2034
Ohio So.—2d inc., 6s, 1921
Gen’l mort., 6s. 1931..
2d, 3s, 1980
Chic. & Atl.—1st, 6s, 1920
Ogdens.A L.C.—Inc., 1920
115
So. Pac. of Mo.—lst,6s
117
Nashv.
*
Dec.—:1st.
7s.
2d, 08,1923
40
PeoriaD.AEw—Inc., 1920
Tex. A Pac.—1st, 6s,1905
S.& N.Ala.—S.f.,6s, 1910
Chio.&W.Ind.—1st, s.f., 6s
Evansv.Div.—Inc., 1920
Louiav. C.& L.—Us, 1931
Consol., 6s. 1905
Gon’l mort., 68,1932
Peoria* Pek.Un.—Inc.,6s
77
79
Income & Id. gr., reg..
Trust bonds, 6s, 1922...
Col.A Green.—1st, 6s,1916
GO
45
Roch.A Pittsb.—Inc.,1921
81
90
let,Rio G.Div.,6s,1930
L.Erie A W.-lst, 6s, 1919
2d, 6a, 1926
31
28
Rome W. & Og.—Inc., 7e.
assentet
79
do
Sanduskv Div.—6s, 1919
CJolTlI. Val. A Tol.—1st, 5°
50
So.Car.Ry.—Inc., 6s, 1931
Pennsylvania RR.—
Laf.Bl.A M.—1st, 6s, 1919
794
d.L.& W.—7s. conv., ’92
SLL.&I.Mt.—let,7s,pr.i.a.
*95*
Pa.Co.’eguar.44s,l8t,cp
Lonisv.N.Alb.AC.—lst,Gs *91
Mortgage 7e, 1907
40*
St. L.A.& T. H.—Div. bde.
General mort., 6a, 1914.
■8Pa. Co.’s Reg., 1921
Byr.BtMg.A N.Y.—1st,7s
6t. L. Jack. &

t

'

r

^

f.^ir

I* 4*8*

,

,,

j

•

---

„

„

,

.

,

,

•

.

_

.

.

,,

,

‘

•

1

.

,

.

..

*

.

*

No

prices Friday; these are latest Quotations




made this week.

..

November 29,
'

THE CHRONICLE.

1884.]

~

—

RAILROAD
Latest

Road*.
Week

KL.RCk&FtSmih

EARNINGS.

Earnings Reported.

or

Ala.Gt.Southern October...

Jan. 1 to Latest Date.

18fc4.

1883.

1884.

1883.

*

$

*

$

109,734

New York City Banks.—The
following statement shows the
condition of the Associated Banks of New York
City for the
week ending at the commencement of
business Nov. 22:
Aver ape Amount of—

Banks.

112,363
884.81
853.996
September 1,513,016 1,362,983 11,852,819 LI,510,593
October.
156,000
2d wk Nov
9,153
’*6,080
392,051
295,721
New York
2d wk Nov
63,343
71,617 2,358.43
2.423.688
Manhattan
odwk Nov
163,000
123,00(
5,292.960 4,847.002 Merchants’ Co....
1st wk Nov
2*,6s8
32,182
1.214,846 1,077,804 Mechanics’
October... 2,152.000 2,196,091 L8,732,496
20,771,323 Union
Chesap. & Ohio. 2 wks Nov
128.548
165.90b 3,071,850 3,421,002
America
Eliz.Lex.&B.S. 2 wks Nov
27.788
31,427
655,167
631,310 Phenix
Chee. O.&S.W., 2 wks Nov
63,573
60,01
1,1c 8,40c 1,123,449 City
Chicago & Alton 3d wk Nov 202.549 211,718 7,816,256 7,877,697 Tradesmen’s
Chic. Burl. & Q. Septembet 2,707,110 2,919,165 L8.505.825
Fulton
18,634,197 Chemical
Chlc.A East. Ill. 3d wk Nov
36,717
40,60.1,385.68
1,481,079
Merchants’
Exch.
Chic. Mil. &St.P. 3d wk Nov
549.000
546,86:- 20,600,000 -,0,776.ll‘2 Gallatin
National..
Chic. & Northw. 3d wk Nov
486,029
504,208 20.883.629 22,505,373
Butchers’
A
Drov..
Ch.St.P.Min.&O. 3d wk Nov
128,800
130,00<
5,184.998 4,913,229
Mechanics’ A Tr...
Chle.A W. Mich. 2d wk Nov
26.777
30,16:
1,318,311 1,377,644 Greenwich
Cin.Ind.8t.L.&C. 3d wk Nov
47.293
50,543
2.167,513 2,245,794 Leather Mannf’rs.
Cln. N. O. & T. P. October...
237,503
260,3312,137,44* 2.127.083 Seventh Ward....
Cln.Wash.&Balt. 2d wk Nov
36,289
36,364
1,531,698 1,687.788 State of N. Y
Clev. Akron & Col 2d wk Nov
Americ’u Exch’ge.
8.825
9,54 c
424.327
469,291
Commerce
Clev.Col.C.& Ind September
320,129
411,614 2,767,551
3,225,032
Connotton Val.. September
Broadway
29,174
32.782
Mercantile
Danbury & Nor. September
21,690
16,725
158,5e>t
157.316
Pacific
Denver & Rio Gr. 1st wkNov
111.550
129,747 *5,119,192 *5,905,600 Republic
Deny. & R^G. W. 3d wk Nov
21,180
Chatham
Des Mo. & Ft. D. 3d wk Nov
8,378
8,896
sie.o
Peoples’
301,938
Det.Lans’g&No. 2d wk Nov
2 >,711
3 0,4 24
1,177,004 1,3^6,334 North America
Hanover
Dub.&SiouxCity 2dwk Nov
21,348
29.426
! 52,780
782,506
Eastern
October...
Irving
323.097
339,178 3,020 977
3,079.967
E.Tenn.Va.&Ga. October...
Metropolitan
412,289
455,593 3,236,63*
3,359,665 Citizens’
Evansv. & T. H. 2d wk Nov
14.855
14,930
662,504
640,994
Nassau
Flint <fc P. Marn. 2d wk Nov
40,721
55,134
l,996,54t
2,229,432 Market
Flor.R’wav & N. 2d wk Nov
25.162
21,279
826,2'Jf
St. Nicholas
792,161
Ft.Worth & Den.

Loan* and

Atoh. T.& S.Fe
Atlantic A Pac.
Bost. H. T. & W.
Bur.Ced.R.& No.
Canadian Pacific
Central Iowa
Central Pacific..

$

-

7,699,000
7,229,600
8,149,000
4.522.200
10.272,500
2,594,000
6.891.900
2.135.800
1,059,600
14,354.000

40,600

..

Gal.Har.A S.An. September
Grand Trunk
Wk Nov. 15
Gr.BayW.&St.P. 2d wk Nov
Gulf Col. &8anFe October...
Houa.E.&W.Tex September
Ill.Cent. (Ill.)... 2d wk Nov
Do
(Iowa) 2d wk Nov
Ind. Bloom.&W. 2d wk Nov
Ft.S.A Gulf ! st wk Nov
Kan. C. Sp. & M. 1st wk Nov
Kentucky Cent’l 2 wks Nov
Lake Erie A W.. September

266,231
342,533
7,816
207,843
20,932

...

[September

L.Rk.M.Riv.&T. September
Long Island
3d wk Nov
La. & Mo. River

July

Louisv.A Nashv. 3dwk Nov

Mar.Hough.A O. 2d wk Nov
Memph. & Chari. September
Mexican Cent... 2d wk Nov
Mex.Nat., NoDd 1st wk Nov
Southern Div. 1st wkNov

.

281,000
40,100
56,413
44,837

34.905;

146.0U0I
48,271

26,419
41,157
50,200

287,470
8,102!
110,384
64.700
13,22 .

..

N.Y. & New

Eng September

N.Y.L.ErieAW.f/!septeml)er

395,812
1,985.039

312.216

387,319
2.562,007
399,753 14,998,285 16.848,110
10,760
2~lf74£
347,831
263,43c 1,461,29.=
1.691.892
*

2s,968

19i,4S(
8,763.040

307,390

228,909

9,480,130
1,766,659

51,14=
51,765
48,992

1,479,31
2,337,597
2,024,931
985,00:-

2,610,409

35,314

79b.429

742,483

23.852

13.457
Other lines e.. 1st wkNov
2,120
Milwaukee A No 2d wk Nov
10,320
Mil. L.Sh.AWest. 3d wk Nov
22,625
Minn.A St. LouW October...
171.746
Mobile & Ohio
October...
2lH.2t»7
Mo.Pac (& I M.) September 1,537,016
Nash. Ch.& St.L. October...
203,7e7

JT.O.&Northeast October...

43,665

148,374
44,858

355,173

1,617,751

357,240

27,087
227,477
261,675
43,335 2,554,330 2,509.020
52,100
364,759
353.5 42
280,810 12.0Jl,26b 12,493.060
17,545
788,274
854,6i-8
101,382
980,060
85 “,285

2,507.593
469.5s!

658,406
224,89447,93!
985,34!
l,497.02v

10,142

22,920
151,576

415,754
9 47,432
1.308.435

256,271

1,623,191
11,900,011

1,697,334

20320

1,965.169

1,913,23)
61,625
2,7.->5,866
15,269,335
5,107,253
8 43,049

8 1,011

12,435

281.638

348,647

358,571

2.450.14'-

M.K

Corn Exchange
Continental

...

.

...

.

..

....

791.500
3.024.700

13,652,000
17,108,800
5,585,000
5.975.100
2,067,600
4.367.500
3.276.700
1,354,300

Park

North River
East River
Fourth National..
Central National..
Second National..
Ninth National...
First National....
Third National...
N. Y. Nat. Exch..

Bowery

N.

Y. County
G- rmau-Americ’n.
Chase National...
Fifth Avenue
German Exch’nge.
Germania
United States
Lincoln
Garfield
Filth National....
Total

Not including Utah lines after July 1.
d Corpus Christ! to
Saltillo, 397 miles; up to May embraced only
236 miles, Laredo to Saltillo.
e Only
136 miles now. but prior
to May represented 297 miles.
g Not including earnings of New York
Penn. A Ohio road.
A Not including Central New
Jersey in either
year prior to June 1.
4 Inoluded in Central Pacific

1

Embracing lines in Missouri,




Arkansas and Texas.

earnings above.

540.400
172,000
262.200

3,001,200
7.531.400
2,570,000
1, < 93,000
2.396.800
2.176.100
2.719.500

2,988,700
494,600

20,000
881,000
130,000
603.300
65,900
355,000

2,065,400
2,803.000

4.836.400

472,200
1.413.200

1,884,6001
16.942,300
16,731,000
1,020,000
1,064,300
12.799.900
6,716,000
1.934.900
4.114.700
15.131.900
4,380 600
1.203.500
1.869.100

1,053,400
400,000
1,723,000

85.100

3.174.900
2.411.700
1.659.800
1.882.200
2.772.100
1.532.900

6.795.300
4,146,000
20,000
J 33,700
4.171.300
1,740,000

1,920,300
178,000
141.300
1,344,400
1,588.000

424.000
863.800

393,000
403.700

5,064,900
597,000
233.400
332,000
219,190

709.300
915,000
228.700
226.400

7 2* *,500

415.300
336.200

872,000
658.700
103,000

400,000

366.300

181.600
230.300
251.800

59.100

88,760

16,975,900
4.373.600

869,600
900 000
854.000

6.795.900
2,612,500
4.462.900
3.470.400
1.703.800
3.306.300
9.231.100
2,721,000
654,000
3.444.900
2.554.400
2.477.300
1.963.800
2,962.000
4,Lu6,700
6.815.600

423 000

45,000
5,400

360,000
380,200

45,000
270,000

4*40.000
439.000

ea.iod
1,3*14*90*6

1.842.100

22,353,500
21,145,■* 00
1,560,000
882,600
14,528,800

45,000

224,40*6
860,000

8,501,000
2,431,000

297,000
45,000

4,335,700
17,<’46,900
4.712.100

108.300
243,000

967,200

4.022,200

181,660

314,4 00

"2,600
504,400
26,000

12,012,000

361.300

1.147.500

1,0'0,700

45,000
449,900

1.186.900

1*80,066

1,1*76,800

225,000

2.413.400
2.855.800
4,064,400
2.651.300
2.209.900

180,000

*45,666

2.286.600
3.401.400
1.836.900
921,100
1.115.100

180 OOO
45.000

178,000

135,000

J288,539,700 S4,370,500J37,347,400 325,887,400 11,711,600
are

totals for several weeks past:

Loans.

Specie.

$

$

L. Tenders.

Nov. 8 290.287,900 80 106,800
15 291,550.400 82,354,609
“
22 288,539,700 84,370,500
“

Boston

Deposits.

Circulation Agg. Clsar’gs

$
$
$
$
33,289,700 317,081,100 12,800,200 477,210,695
36,159,100 325,356,700 12,241,500 527,541,755
37,347,400 325,"87,400 11.711,600 555,711,500

Banks.—Following are the totals of the Boston banks*

Loans.

Specie.

$

$

N’v.10 142,066,500
“
,17 142,544,800
“
24 143,129.000

L, Tenders.
$
5.850.900
6.432.900

7.298,500
7,160,900
7,259.100

6,517,200

Deposits.*

Circulation Agg.

$
$
98,813,600 23,560,000
99,788,500 23,564,200
99,106,80. 23,435,500

Clear'gs
$

68,639.916
62,930,956
67,080,531

Philadelphia Banks.—The totals of the Philadelphia banks

are as

follows:

1884.

Nov. 10
“

17

“

24

*

Loans

Lawful Money.

Deposits.*

Circulation.1 Agg. Clear'gs

$

$

$

$

73,454,475
73,322,857
73,041,072

22,659,888
22,891,740
22,711,752

$

69.321,065
70,209,74 4
70,16i,659

7,954,869
7,914,545

44,014,967

7,919,241

46,180,735

37,740,784

Including the Item “due to other banks.”

Unlisted

Securities.—Following

are

week past:
Securities.

Bid.

Am. Bank Note Co
Atlantic A Pac.—Stock....
West-. Div , 1st mort
Incomes

A sk.

7

7*4

76

15*4

Cent. Div., 1st., new
Acciinml. land grant

Bank.AMerch.Tel.—1st M
Gen. mort
Bost. H. A E.—New stock
Old
Bost. 11.T.A West.—SL’ck
Debentures
Buff. N. Y. A Plilla
Pier
Cent, of N. J.—Debent
Continental Const.Imp.Co
Denv. A Rio Grande—Con'
53
Denv.A Rio Gr. W
Den. K. G. A W., 1st M.,
Guar, by D. A R. G
Edison Electric Li^lit

Securities.

Bid.

North. Pac.—Div. bonds..
Nortli Kiv. Cons.—100 p.c

75 4

New Jersejr A N.Y.—Pref

10
15

Ohio Cent.—Riv. Div., 1st
Incomes
Pensacola A Atlantic....
1st mort

Pitisburg A Western....
1st mort
4
4 Postal Telegraph—Stock.
7
1st mort., 6s
50
6
9

55

12
49
21

13

44
34 4
65
13
90

40

Georgia Pac.—stock
1st mort., 6s

89
37 4
5

2d mort

Keely Motor

40

644

Mexican National
Pref
1st mort
Mut.Un—SL’ok trust ctfs

1*4
4
18
10

!

1H\

32 4
*

*3 ^

Postal Tel. A Cable—Stock
Southern Tel.—Stock
let mort
State of Teuu.—set’m’t.Ss
St. Joseph A Western
St. Jo. A Pac., 1st mort.
2d mort
Kans. A Neb., 1st mort.
2d mort
Texas A Pac.—Scrip ls84.
Old scrip
New scrip
Tex. A St. Louis—
M. A A. Div., 1st mort..
M.AA.Div.,incomes,as p
6s, 1st mort., in Texas..
..

Gen.
Tex. A

—

..

latest quotations for

74

*24

56
4

-d

1st,ld.gr. A inc.as p.
Col. Imp.—Ex-bd..

U. S. Electric Light
Vicksburg A Meridian...
Pref...
1st mort
2d mort
Tnomn-M

a

Atk.

84
16

2^

56

84

.........

Mo. Pacific—Old stock
AT.—Income scrip
N. Y. M. Uu. Tel.—Stock.
N. Y. W. Kh. A B.—St new

1*5*4
64

*1*2*

Louisv. A N.—AdJ. bonds

*

1,061,700

1.897.700
2,550,-400

following

1884.

649.300

3.978.900

Importers’A Trad.

745,100
1,648,000
2,433,900
585.400
649.600
136.800
791.800
427,000
185,000
541,000
674.700
647,000
141,000
451.500
330,000
216,00u
360,900
617,000
496,000

698,000
1.955.200

215,900

967,300
2,555,4 00
1,21 i, 800

469.300
188,600

6.204,800

292,500
606,000

850,000

292,000

397,000
380.100
1,077,900
2,425,000

985,900
2.584.800

...

Oriental

The

8.700
270,000
100.700

*20,700

1.832.400
1.701.300
18,796,000
2.397.400
3,473,200
1.721.900

601,000
439.500
210.700
106.000

3

1,100
242,700

2,305,000

14,346*00

171.800

244,500
1,000,800

349,200

4.694.600
12,130.300

138.500
1,027,900

6,903.000

460,000

7.870,000

219.200
1,368,500
346.000
1,473,000

8.163,400
287.800
1,246,100

2.733.800

Leather..

1884.

1.732,739 2,129,04 4 12,396,412
5 46,525 i 711,897
4,154,892
99.059
94,043
849,249
215,418
175,496
263.298
297,027 2,194,012 2,274,562
ShenandoahV October...
73,857
89.374
631,37.’708,464
Northern Centr’l October...
590,748 4.601.804 5,142,885
519,795
Northern Pacific 2d wk Nov
286,158
296,400 11,311,083 8,629.044
Ohio Central....!2d wk Nov
21.313
24,20 L
969,190
950,812
Ohio A Miss
3d wk Oct.
99.786
106,119
Ohio Southern
2d wk Nov
12.681
8,483
393,887
31*5,196
Oregon A CuL.. Septemberi 100,518 106,300
Oregon Imp. Co. September
289.821
382,242 2.504,893 2.973,363
Pennsylvania
October... 4,447,547 4,875,348 40,840.646 42,769.255
Peoria Dec.AEv. 2d wk Nov
14,5891
14,487
669,126
625,524
Plilla. A Erie
September
352,265
386,274 2,661,706 3,012,436
Phila.A Rcad’g/t September 2,876,451 3.333,217
19,053,431 20.816.204
Do
C. A Iron September 1,574.007:1,861,194 12,010,951
12,338.853
Bichm’d A Dan vJ October...
429,179
429,831 3,135,733 3,146,808
Ch.Col.A Aug.[October...
96,753
98,205
6U7.877
668,966
ColumbiaAGr. October..
98,019
86.247
516,763
602,169
Georgia Pac.. October...
65,990
42,501
Va. Midland.
October...
167,596
176,167 1,351,770 1,420,703
West. No. Car. October...
41,513;
44,006
312,321
362,658
Roch. A Pittsb’g 3d wk Nov
23,4301
19,310 1,025,226
556,996
Rome Wat. A Og~. August
176,353! 171,406 1,073.206 1,049.653
8t.Johnsb.AL.C. September
31,080;
30,048
214.616
207,931
flt.L. Alton AT. H. 2d wk Nov
24,531!
29,461 1,149,831 1,277,7 s 1
Do
(brclis.) 2d wk Nov
16,090
19,590
649,306
717,853
St. L. Ft, S. A W. 3d wk Nov
9,289!
8,998
432.780
23 1.726
St. L A San Fran., 3d wk Nov
92,329;
90,600 4,152,290 3,355,919
St. Paul A Dul’tbiSd wk Nov
34.015
36,081
1, L73.531
1,200,430
Bt.P.Min.A Man.jOctober... 1,008,389
916,8.81 6,570,839 6,849,606
South Carolina 'October...
157,351
146,294
968,264 1,073,280
Bo.Pac.Cal.,N.D. August,.
153,099
9 i 9,896
140,640
832,941
Do So. Div.i. August..
282.88 4
344,901 2,339.677 2,775,514
Do Arizona.!. August....
130,645
207,124 1,217,276 1,633,219
Do N. Mex.i. August....
62,994
65,188
447,325
531,976
Texas AN. Ori’s. September
107.074
69,318
610,917
830,465
Louisiana W’n. September
35,053
62,909
320,251
413,404
Tex. A St. Louis .j 2d wk Nov
36,429
27,763
849,618
Tol. A. A. AN.M October...
24,570
3 93.403
19,211
160,933
Union Paciflo... September 2,499,271 2,881.610
18,370,563
20,819,800
Utah Central.
October...
112,301
116,127
868,513
973,999
Vlcksb’rg A Mer. October..
55,113
64,935
387.830
401,688
Vicksb.8h.APac. October...
27,495
46,773
180,983
97,900
Wab. St. L. A P. 3d wk Oct.
401,000
381,475
West Jersey
September
131,406
110,932 l,0fc>0,812
982,924
Wisconsin Cent’] 2dwk Nov
29,285
31,289 1.236,182 1,254.448
N. Y. Pa. & O. September
N. Y.Susq.&West, October..
N. Y.Ont. AW.. A ugu t.
Norfolk A West. October...

Shoe A

966.000

380.000

$

11,680.000
8,377.000
6.924.800

679,000
870.300

1,720,000
1.703.300
4.196.500

tion.

$

2,015,000

1,045.200

4,816,000
1.685.200
730.000

...

$.

2,083.000
2,298.000

CHrculo-

other
than U. S.

Venders.

$

10,520,000

Net Deposits

Legal

Specie.

Discounts.

...

October

603

30

79
2

184

31
8
10
19 4

50
12 4
16
95
100

37
90

40
34
38

36

214
3

25

80
5 L
V«

THE CHRONICLE.

604

[VOL. XXXIX.

There was, therefore,
And to depression in

Investment

due to the depression in this business.. $1,761,526
rates
596,267
$2,357,793

Total decrease

AND

there was earned during the year 6,375,319
tons, being 205,501 tons less than the preceding year, but an
increase in ton-miles of 35,688,921.
The earnings per ton per
mile on this traffic were *674 cents, being a decrease from the
preceding year of *084 cents.
Of coal tonnage

l^ailvvaiT

%ntcXItgcnce.

The Investors’ Supplement contains a complete exhibit of the
Funded Debt ofStates and Cities and ofthe Stocks and Bonds

of Railroads and other Companies. It is published on the
last Saturday of every other month—viz., February, April,
June, August, October and December, and is furnished with¬
out extra charge to all regular subscribers of the Chronicle.
Extra copies are sold to subscribers of the Chornicle at 50
cents each, and to others than subscribers at $1 per copy.

ANNUAL

REPORTS.

There was, therefore, due to depression in rates
But the lesser amount of tonnage having been hauled«. greater
oistance offsets this loss to the extent of

had remained equal to
low rates of that year, the
earnings would have been sufficient to provide for all its fixed
charges.” * * *

Railroad.
(For the year ending September 30, 1884.)
The annual meeting of the New York Lake Erie Sc Western
Railroad Company was held in New York on Tuesday, Nov.
25, and marked the beginning of a new era in its history.
The change in management, which is practically complete,
although four members of the former board were re-elected,
assures changes in policy where they will be beneficial to
the property.
A large pecuniary saving has been already
begun in the heavy reductions in the executive and clerical
forces, and one of the directors remarked that the expense of
the executive department had already been reduced 30 to 50
]per cent.
There was only one ticket offered at the meeting.
The total
vote was 720,750, made up of 409,870 stock and 250,880 bonds.
Of this, it was reported that Mr. King voted proxies for
$25,000,000 stocks and bonds, Mr. McCullough $38,000,000,
I. & S. Wormser $7,500,000, R. Suydam Grant $2,000,000,
and Drexel, Morgan Sc Co., $2,000,000.
The directors elected
are
John King, William Wliitewright, J. G. McCullough,
Ogden Mills, William A. Wlieelock, James A. Raynor,
William B. Dinsinore, William Libbey, George M. Groves,
William L. Strong, J. Lowber Welsh, Henry H. Cook, George
W. Quintard, Cortlandt Parker, James J. Goodwin, William
N. Gilchrist and Jacob Hays.
All are new members except¬
ing Messrs. Strong, Welsh, Parker and Goodwin. The board
was subsequently organized by the election of Mr. John King
as President, and the President is now Chairman of the Execu¬
tive Committee.
Of the subordinate officers, E. S. Bowen was
re-elected Vice-President and A. R. McDonough Secretary.
Charles G. Lincoln was made Treasurer in the place of Bird
W. Spencer.
The resignation of Charles G. Barber, one of
the two assistants to the President, who has been cannected
with the company since Mr. Jewett’s first election, was
accepted, but the vacancy was not filled. No one was chosen
to succeed Vice-President George R. Blanchard, whose resign
nation went into effect on Tuesday.
The office of Assistant
Secretary was abolished, at least temporarily.
The following summary of operations presents at a glance
the fiscal results in each of the past two years:
1884.

Operating expenses.
Net

earrings

16,358,077

15,444,533

$5,279,357

$7,357,6(53

Otlior iucomo

1,077,625

Total

$6,356,983
5,375,736

Interest, rentals,«fcc,

Balance
$981,217
Int. on 2d consols in
default to Sept. 30
*1,670,370
Balance
Del. 608,622

Changes.

1S83.

$22,802,246

876,800

that of 1883, with even the very

The

Inc.

5)13,404

Dec. $2,078,305

Inc.

200,325

$->,234,463
6,5)68,078

Dec. $1,877,480
Dec. 1,593,212

$1,265,435

Dc_\

$284,238

present extent of the stock and funded debt of this

company is the result of a programme of re-organization
agreed upon by committees of the stock and bondholders of
tlie Erie Railway Company previous to its re-organization
in 1878.
It was acknowledged, however, that in the then con¬
dition of tlie road and property of the company, it would not
be able to meet the charges thus imposed upon it, and at the

provide for its further extension and improvement,
particularly in times of depression in business and of active
competition therefor between the railroads.
Hence, in view of such contingency, it was provided in the
second consolidated mortgage and bond that ‘ in case default
in the payment of interest shall be made and shall continue

same

time

“

until

on

interest

eacli of six successive due dates of coupons some
the bonds secured hereby shall be in default,’ no

on

proceedings to enforce the same or its provisions upon the
company can be instituted until after such continued failure
to pay such interest.
The very state of facts contemplated by these provisions
existed on the 1st of Jiwie last, when the interest upon the
bonds secured by this mortgage matured, and in view of all
the facts and circumstances, it was deemed wise by the board
of directors to avail itself of this provision of the mortgage
and to postpone the payment of the interest due thereon at
“

that date.”

*

*

*
CAR TRUSTS.

Mr. Jewett remarks of the car trust policy that the result of
it is “ that in 1884, instead of paying out $316,797 for cars (as
in 1879) in which it had no ownership, and over which it had

control, it has received in excess of its payments to other
companies for the use of their cars, $59,982 for the service of
its own cars upon their roads, thus making a saving to the com¬
pany on that account of $376,779.
This saving is more than
the interest upon the entire car trusts for 1834, which interest
is being reduced from year to year as the car trusts are paid
off.
When paid off, the cars and engines covered thereby
will belong to the company.”
The condition of the various car trusts will appear in the
following statement. From 1878 to 1884 inclusive, there was
paid for principal $5,158,545 and for interest $1,649,851. There
is yet due on the principal of ear trusts $5,660,000, running up
to May, 1S92, and payable in fiscal years as follows:
no

Dec. $1,164,8 i 1

Fiscal Years.
1885
1886
1837
1888
1880
1890
1891
1802

Sur. $1,265,435

Inc. $1,961,107

Total.

Principal.

Interest.

$376,000
822,000

$425,200
2 75,070

822,00 0

1,047,750

71S.0U0
524,000
260,000

225,750
176,430
127,110
78,000
38,250
9,570

$5,666,000

$1,255,380

$6,921,380

822,<>00
822,000

Total

unpaidfrom Dec. 1,1833, to Sept. 30,1884
One of the last official acts of Mr. II. J. Jewett, before retir¬
This is ten months’ interest

of the company

SECOND CONSOLIDATED INTEREST.

New York Lake Erie & Western

$21,637,435

270,522

$301,190

Total decrease

“If the business

“

Gross earnings

$571,712

$1,201,200
1,097,070

098,430
040,110

796,000
562,250

269,570

CONNECTING LINES.

“Tlie

object and

purposes

of securing, in tlie interest of

the New York Lake Erie & Western Railroad Company, the
Cincinnati Hamilton & Dayton Railroad and the Chicago &
Atlantic Railway have been fully stated in previous reports
made by the board of directors to the bond and shareholders.
There can be no difficulty in maintaining tlie relations thus

connection with the New York Lake Erie Sc
Company, was to issue his report as President,
for the disastrous year 1885-84.
The statistics of the annual
report, in comparison with three preceding years, are fully sought to be established, and of securing ^perpetually to the
compiled in the tables below. Mr. Jewett’s report states that: New York Lake Erie & Western Railroad Company the full
“The working expenses have been 09*52 per cent of the benefit of such connections and outlets to the various sources
earnings (including for this purpose the entire gross earnings of trade reached by them, so long as it complies, in good
of the New York Pennsylvania & Ohio road), an increase over
faith, with the obligations assumed in seeking such connec¬
the previous year of 4*74 per cent.” * * *
tions and necessitated in securing them.
“The result of operating the New York Pennsylvania & Ohio
“The Cincinnati Hamilton Sc Dayton Railway Company
road from the commencement of the lease (May, 1883,) to Sep¬ has been a
self-sustaining organization from the date of such
tember 30, 1884, i3 as follows:
arrangement. The Chicago Sc Atlantic Railway Company
Net profit for the first live months to September 30, 1S83
$199,540 being completed to the point necessary for the through busi¬
Boss for tlio year 188 4
270,28 L ness about
May 1, 1883, was opened for that purpose, and lias
Net loss to September 30, 1884
$70,741 been of incalculable advantage to the New York Lake Erie &
This loss is small when considered in connection with the Western Railroad Company and its leased line, the New
depressed condition of railroad business and rates during the York Pennsylvania & Ohio Railroad, since that time. With¬
out J|these connections your company would be absolutely
past year, and I am convinced that this road will be a source of
dependent upon other and competing lines to and from the
profit to your company, rather than a burden, and this quite various
sources of trade in the Northwest, West and South¬
independently of the great strength which it and its connec¬
tions afford for the control of traffic over it and the road of west. If it had been in such a state of dependency at the
beginning and during the period of the present contest for
your company.”
traffic between the different lines, it is very manifest that its
FREIGHT AND COAL TRAFFIC—N. Y. L. E. & W. PROPER.
through
business would have been reduced to an extent much
There has been carried during the year of merchandise
greater
than
it has been.” * - *
freight 4,096,619 tons, being 688,051 tons less than the amount
CHICAGO & ATLANTIC RAILROAD.
transported during the previous year. The earnings per ton
Mr. Jewett explains the Chicago & Atlantic bond matter as
per mile on this traffic were *746 cents, a decrease from the
follows:
“ For tlie purpose of providing the necessary means
preceding year of *054 cents.
ing from bis

Western Railroad

“

^




,

November

THE

20, 1884.]

CHRONICLE.

put its road in proper condition for active and economical
working, both for the through and local business, and to repay
to your company the advances it has from time to time made,
the Chicago & Atlantic Company was induced to put upon its
property a second mortgage, securing bonds to the extent of
$5,000,000. Before the bonds were really prepared for the
market, negotiations were entered upon with different parties
for their disposition, during the pendency of which the firm
of Grant & Ward made application for the
purchase of the
entire issue of bonds, offering ninety per cent therefor, which
price was fifteen per cent above that suggested by any other
party or parties. That firm was then in good standing, and
was engaged in large financial transactions with other railroad
companies and financial institutions of the highest repute in
the country.
One condition of the negotiations with them,
however, was that the bonds should be listed upo i the Stock
Exchange, for which purpose application was made; but after
considerable discussion on the part of the committee of the
Stock Exchange having the subject in charge, the
application
was rejected because of a defect in the
engraving of the bonds.
This involved a re-engraving of the bonds which necessitated
a delay of some Weeks.
In the meantime the business of the
country and the relations between the railroad companies,
instead of improving as hoped for, became more and more
depressed and the competition between the roads more active
and with reduced rates of transportation. The advances to
the Chicago & Atlantic Railway had been made
by your
to

company.
“

Locomotives

605
1080-81.

1881-82.

514
405

50 h

1882-83.
*504

4-55

*013

20,09 L

20,200
2,080

*25,040

24,887

*12,309

12,193

Pass.,mail

A exp.cars
Freight ears
Coal and other ears..
*

Tn 1883

and in 1384

3,218

including all N.Y.

1SS3-84.
*805
0L6

Pa. & Ohio equipment except locomotives,

including locomotives

also.

OPERATIONS AND FISCAL RESULTS.

Operations—

Passengers carried..

18S0-81.

1831-82.

1892-83.

1883-84.

0,144,158

6,784,193

0,93 4,724

0,734,045
235,105,058
2-189 cts.

10,219,598

Freight (tons) mil’ge 1984394355 1954389710 2300940832* 2498888970
Av.ratc

p ton tp mile

hammy s—

0-805 cts.
$

Passenger
Freight

0 749 cts.

0780 cts.

$
4,384,510

$

Mail,expr’s,rents, Ac.

4,011,207
15,992,275
082,003

14,012,123

Total gross earn’gs

Maintenance of way
Maintenance of cars

Opcrat'y Expenses—

Motive power
Traiisp. expenses
General expenses...

...

Total

earnings

P.

op. exp.to cam’s

e.

$

949,130

4,032,229
17,213,621
956,390

4,075,872
15,773,004
1,188,559

20,715,005

19,975,774

22,802,240

21,037,435

2,098.905
1,050,805
3,732,802

1,995,308
1.009,002
3.039,590
5,832,979

2,720,174
1,299,980
4, 443,908

2,002,368
1,247,324
4,749,570

0,121,979

7,059,155

010,578

558,530

099,000

13,088,093
0.887,081

15,444,583
7,357,063

10,35S,077
5,279,353

05-50

04-78

69*52

5,851,335
460,323

13,250,230

Net

*0-685 cts.

7.459.375
04 00

*

Tu all the figures for 1883-34. the N. Y. Pa. A
Ohio statistics are
included for the entire year, but in 1832-83
they were included for five
months only, which accounts for the apparent increase in business in
«4.
The figures of traffic do not include coal and other
supplies

My anxiety to recoup the-treasury for these advances (I
having no reason to doubt either the integrity or solvency of
Grant <Sc Ward) led to a change in the arrangement from an for the New York Lackawanna A Western Company’s use.
absolute sale to a temporary loan and a conditional sale and to COMPARATIVE STATEMENT OF PROFIT AND LOSS FOR FISCAL YEARS
ENDING SEPT. 30.
a reduction of the amount of the bonds to be
placed in their
hands from $5,000,000 to $2,500,000.
1881-82.
IS82-83.
1SS3-S4.
Upon this amount they
Credits$
$
agreed to advance $1,500,000 upon notes to run for a period of
3 9,975,774 22,802,247
21,037,435
four months, which were to be returned canceled at the end of
13.038,094 15,444,583 10,353,078
that time, and to carry the loan for the full
period of one year,
Net
0,887,080
7,357,00 L
5,279,357
during which time they represented (and I had every reason Pavoniaearnings
ferries -earnings
304.231
281,151
301,918
to believe it) their abdity to
dispose of the bonds at the price Pavonia Horse Rli.—earnings
21,979
21,700
21,720
agreed upon, retaining from the proceeds thereof the $1,500,000
70,235
72,089
73,108
so advanced, and
35,521
18,910
17,954
accounting to the Chicago & Atlantic Com¬ Grand Opera House, Ac.-rents
29,560
3,805
5,317
pany (or to your company, as the st ite of the account between Unclaimed baggage, Ac.
2,819
2,537
1,181
the two companies might justify,', for the balance of the
18,818
24,710
20,741
pro¬ Brooklyn Annex—earnings
ceeds of the bonds.
0 4.500
49,244
Before the four months expired, how¬ Elevator at Buffalo
22,220
Blake's dock, Buffalo—earnings..
82
70,891
43,912
ever, they suspended, and it was then discovered that among
Interest on securities
238,593
299,070
477,975
their other transactions, they had used the bonds in the mean¬ Sterling exchange
723
1,13 4
502
Paterson
A
Newark
HR.—rent...
6,840
time, as well as the notes given to them as above stated, to
0,177
3,171
Rent
and
i
expenses of stockyard;
31,043
2 7,395
9,039
raise money for their own purposes.” * * * “Your com¬
Ei-: e buildings — rent
19,920
18,232
pany could lose nothing by the transaction, even if it were
Total
credits
obliged to redeem its notes at their face value, because it had
7,008,335
8,234,403
0,356,933
Debits—
already received into its treasury the entire proceeds thereof,
$
5?
$
Pavonia ferries —oxponses
200,03s
245,103
200,0 40
amounting to $1,500,000, and had credited that amount upon Pavonia
Ilor.^e RR.—expenses
2 4,851
20,872
29,621
the advances to the Chicago & Atlantic
do
Company. If, there¬
i
interest on boi
7,000
0,878
7,123
fore, the necessity arose for it to redeem its notes, the effect
67,045
70,088
71,014
Weohawken docks -expenses...
would be simply to re-instate the relations to the
28,442
25,107
25,899
Chicago & Grand
Opera House, Ac.—exp’s
57,848
15,518
20,003
Atlantic which existed previous to the negotiation. The
only Unclaimed baggage. Ac
4,514
4,024
4,047
damage which could result to it would be the effect which the Brooklyn Annex—exp uses
33,924
89,850
33,299
Elevator at Buffalo—expenses
failure might have upon its credit.” * * * *
30,407
11,707
40,722
Blake’s Docks, Buffalo—expenses.
19,550
87,729
In regard to the English committee that came to New
42,200
York, Interest on funded debt
4,310,509
4,540,390 *4,605,487
Mr. Jewett says: “This committee, after its arrival in New
Long Dock Co. bonds—interest
210,000
210,000
210,000
York, without inquiry of sources from which facts could be Wechawken Docks—interest
0 4,453
04,453
04,453
Guaranteed interest
50,908
50,908
50,908
obtained, or without giving credence to facts when stated to Interest on loans
94,447
91,033
104,103
them, circulated the most serious and unfavorable comments Interest on mortgages, Ac*
17,070
18,021
10,431
upon the company, its condition, its ability to meet its obliga¬ Interest on equipment.
3 46,418
404,358
358,834
Rentals
of-leased
lines
704,301
tions, the d mgd’ of legal proceedings, &c., all of which more
724,003
723,053
Br. A E. J. HR.—rent
18,290
13,287
14,909
seriously impaired and injured the credit of the company than Susp.
1,250
Countersigning bonds
the failure of Grant & Ward or,
indeed, any two such failures London cilice expenses
13,318
13,750
12,582
would have done, had they taken
State of New York—taxes
130,502
127,524
120,510
place.” * " * “The State
i 1.647
Pennsylvania—taxes
24,548
11,764
company, in the process of its various improvements, had State of
of New Jersey—taxes
20,421
20,000
42,399
incurred a limited indebtedness, which was fully secured
4 89
by (’Mins prior years
8,025
15,181
collaterals deposited with the parties who held its obligations. Erie. Building—expenses
•.
10,365
1,143
New York state taxes for 1880...
It had the ordinary
56,00<
)
current debts for supplies, labor and other N. J. State taxes for 1879-80
11' 430
items, which, when added to the bills payable and to the loans Extending 3d mortgage bonds
2 4,260
24.260
secured as above stated, amounted to between four and five Railroad Commissioners’ exp'scs.
5,523
millions of dollars, all of which the committee designated as Adjust, earning^ of N. Y. Pa. A O.
135,038
floating debt,’ and they undertook to relieve the company
Total debits
6,501,093
6,908,978
7,055,606
from the embarrassment arising from their visit by
agreeing
to raise the
Surplus income
1,100,042
1,205,435 *<def.098,022
money necessary to pay such debt.”
“The steps necesssary on the part of the board to
accomplish
n 2d consolidated bonds, though
only
this change (of executive) had, however,
hardly been entered
year was actually paid.
upon, when it became an acknowledged fact that the English*
CONDENSED BALANCE SHEET SEL’T. 30, 188 2, 1833 AND 1884.
committee, who had agreed to furnish the money for the con¬
1882.
1883.
1834.
siderations before stated, were either unwilling or unable to do
Debits—
$
$
$
so, and th it their programme for the company’s relief was,
4,542,721
4,848,907
to Construction—Main line
4,737,102
that extent at least, a failure. Subsequently, three
Third rail
1,424,400
1,178,449
1,191,091
gentlemen
in this
1,530,758
2,315,190
4,058,721
city of known financial ability proffered to assume to Equipment
Real estate
012,499
580,250
583,201
a certain extent, if no
the
further,
44 3,258
obligations of the English Construction branch lines
401,540
500,521
committee, provided that the gentleman named by the com¬ N.Y. Pa. A Ohio, construction
40,749
211,307
211,307
mittee as successor to the executive be chosen, which proffer Buffalo elevator
305,993
214.539
214,539
214.539
Ship basin and docks, Jersey City
was
accepted by the board of directors. It is to be hoped they Lehigh docks. Buffalo
120.714
126,71 4
137,964
will make good their assurances, and that the
37,113
40,503
40,503
arrangement Weehawken docks, construction..
will prove a
Blake’s docks, Buffalo
134,545
153,345
158,344
satisfactory and profitable one to the company.”
25,340
25,340
25,340
The tabl s of comparative statistics, compiled for the New York A Fort Lee 11R
31,500
31,506
Improve’ts at 40th St. stock yds..
31,566
Chronicle, for four years past (including the N. Y. Penn¬ Flagg’s railway gate
3,500
3,500
3,500
sylvania & Ohio RR. from May 1, 1883, of which 08 per cent N. Y. Pennsylvania A Ohio
93,229
Paid on account of equipment....
of the
2,001,501
3,800,300
3,532.347
gross earnings are included), are as follows:
Stocks of other companies
3,269.107
2,985,315
2,909,05 2
.

.

.

i

.

i

....

..

...

‘

..

,

ROAD AND

Miles owned
Miles l’sed A oontr’icd
Total operated




..

1880 81.

EQUIPMENT.
1882-S3.
592

1883-84.

5 40

1881-82.
580

480

4-0

1,028

1,028

1,020

1,000

1,620

594

1,622

Bonds of other companies
Am’ts due by ag’ts, other Cos., Ac.
Advances
Materials at shops, Ac
Cash on hand
Cash in London to pay coupons ..
Bills receivable

273.8.0

293,819

293,819

3,158,479
1,491,309
976,095

4,293,852
3,406,420

3,802,297
4,037,010
897,899

508,617

322,4 60

14,120

10.900

340.485
14.031

31,607

34,007

59,047

1,590,229

Marine National Bank
Discount on common stock
Discount on bonds
Estate of tlie Eric Railway,

$

*

$

Quarter eruVy

1884.
_$

1Q83.

188-4?.

&o...

194,030

1,652 411
598,066
130,479

179,815,587
$
77,192,100
8.140,800
75.268,485
534,000 2 255,533
173,634 1,053,418
1,292,002 2,288,961
4,524
,„Z*£38
410,846
409,851
327,605
632,166
939,584
895,8.)3
1,810,304 l,918,o03
1,018,521
617,15b
217,567
lo0.894

2,791,224
116,490

2,791,224
116,499

650.000
49,-00

pa\*able

Bills payable
Interest on bonds due and accrued
Preferred stock dividends

&e

Rentals of leased linos,
N. Y. Pa. & Ohio

1,157,875
4,380
311,051

rent

684,826

Pay-rolls for September
Audited vouchers for supplies
Traffic balances, &c
Sundries

Erie

Assessments on com. stock
Railway ($4 per share)
Assessments ou pref'd stock
Railway ($2 per share)

Erie

Interest on assessments, &c
Balance of advances to construe.

tionand improvements

bonds

Sinking fund, first lien
Profit and loss
Total credits

GENERAL

$7il,99S
4,314,434

$105,615,865

$193,6;7,444

Profit and loss

4,161,962

Louisville New Orleans & Texas.—Among the securities
recently admitted to the Stock List are the first mortgage bonds,
o2 this company.
These bonds bear 5 per cent interest, and
are issued at the rate of $30,000 per mile on the main line of
the road, 455 miles in length, aggregating $13,641,000, inter¬
est payable March and September.
This prominent new rail¬
road, a part of the ‘‘Huntington system” of roads, connects
closely with the Chesapeake Ohio & Southwestern at Memphis,
and with the Southern Pacific and Morgan Line steamers at
New Orleans, and by a “cut off” from Baton Rouge, now in

172,602,350 178,089,495
$
Credits$
Common 6tock issued
77,037,600 77,150,600
Preferred stock issued
7,987,500 8,134,800
Funded debt (see Supplement).. 70,267,138 75,267,137
Total debits.

June 30.’84.

$741,99 7
2,735,93 l
3.241,769

Quarterly divid nd due, 1 per cent.
Due for wages, supp ios, etc...

1^0,904
269,675
2 >9,675
26n,67o
29,788
476,163
4/6,163
150,659,735 150,311,883 150,447,6/6
218,340

Quarter end’g-

Sept. 30, ’81.

...

Extending 3d mortgage

Loans

[Voi. XXXIX.

THE CHRONICLE.

<0

the Texas, California and

progress, will make a short route to
Mexican roads in that interest. The road

has but recently been
opened throughout for traffic, and it come3 in season for the
moving of the cotton and sugar crop of the present year, as

-

2,791,224
116.490
376,738

business of the New Orleans Exposi¬
with the Mississippi River, and dis¬
tant only a few miles from it, it traverses the line of densest
376,737
376,737
settlement, and touches in its course many towns and cities
2,236,667
,1'0,000
100,000 from which it will derive immediate benefit.
6,470,373 7,120,354 5,903,043
Manhattan Elevated.—Following is a statement of the
business of the Manhattan Elevated Railroad Company for the
172.602,350 178.089,495 179,815,587
quarters ending Sept. 30 and June 30 :
Quarter
Quarter
^

well as for the passenger
tion. Although parallel

INVESTMENT NEWS.

ending Sept,
30. 1834.
Gross earnings

Chicago & Eastern Illinois.—A dividend of 2 per cent on the Operating expenses
income bonds of this railroad will be paid on and after Dec. 1,
1884. Gross and net earnings have been as follows :
Income from other sources.
September.—. /—3 most. July 1 to Sept. 30—•>

ending June
30. 1884.

$1,529,734

$1,728,742

$641,489
20,5:5

$781,512

$662,001

$S01,82d

$341,019
22,067

$340,801
23,962

947,221*

888,215

.

20,315

,

Operating expenses
Net earnings

1883.

1881. A

1883.

73 751

l2,995

$80,123

$95,231

Gross income from all sources
Deductions from income as foil >ws:

$436,980

$132,780

$153,874 $158,226

Gross earnings

197,'84

216,143

i
oMhe New York
Metropolitan elevated railroad companies.

Interest on fu-oled debt

$239,896

$216,637

Taxes
Rents

Northwestern.—The directors of this railroad
company declared the regular quarterly dividend of 2 per
cent on the preferred stock, and a semi-annual dividend of
Chicago &

Total deductions
Net income irom all sources

dividends are pay¬
will close Dec. 3
and re-open Dec. 29.
Vice-President Sykes stated that the
company's business during the five months ending Nov. 1 had
been satisfactory, and the earnings during that period had

33^ per cent on the common stock.
Both
able Dec. 26. The books of the company

Northern Central

reduced $600,000 within the last five months, as
with the figures for the corresponding period of last

Octobei

East Tennessee

Virginia & Georgia.—Gross

ings are reported as follows :

-October.

/

$1,372,360

$1,524,375

$200,905

$236,176

$574,964

$756,851

Netearnings

797,396

219,117

31, is as follows:

>—10 mos. ended Oct.

,

31-%

1883.

$519,794

$590,747

$1/ 04,8C3

$5,142,884

Operating expenses.... $243,617

$280,785

Gross earnings

$2,519,652

$2,775,9? 6

35,362

23,674

314,383

295,633

Total expenses

$279,009

$304,160

$2,934,036

$3,071,416

Net earnings

$210,785

$286,287

$1,770,766

$2,u71,l38

Extraordinary expenses

767,524

Railroad.—The committee of the New
listed 1,880 additional bonds of this
company, making in all $6,380,000, and 11,000 shares of the
Kentucky Central stock. This road is at present operated by,
and as part of, the Chesapeake & Ohio Railway system.
It
furnishes the Cincinnati terminus to the East Tennessee Vir¬
ginia & Georgia, as well as the Chesapeake & Ohio, and by the
construction of a short gap between Elizabethtown and Lex¬
ington, will also furnish a Cincinnati connection for the
Chesapeake Ohio & Southwestern and Louisville New Orleans
& Texas roads, thus establishing a third through line between
Kentucky Central

York Stock Exchange has

and Texas.

Cincinnati and the Gulf cities

comparative
October and

188 1.

.

$455,593

$36“,238
$433,588

1884.

year.

$412,289
earnings
Operating expenses 211,384
Gross

#368,141
$293,859
$293,859

1883.

and net earn¬

July l to Oct. 31.
188 k.
1883.

/

■>

1833.

1«84.

compared

3 475

Railway Company.—The
expenses for

statement of gross earnings and
for the ten months ended October

declared. Mr. Sykes
the road had been

been sufficient to pay the dividends just
also said that the operating expenses of

.

^

4,157

and net earnings for

Pennsylvania Railroad.—The gross

October and for ten months are specially compiled for the
The result of the operation
Chronicle in the tables below.
of all the lines east of Pittsburg and Erie for the month
October was a decrease of $293,448 in net earnings and for the

of

decrease of $827,736 this year, compare! with
period in 1883. On the lines west of Pittsburg there
was a decrease in net profits of $161,314 for October and a
decrease of $1,686,539 for the ten months, as compared with

ten months a

the

same

1883

:
LINES EAST OF

PITTSBURG AND ERIE.

Net

Earnings.18S4.
1883.
■Oros8

$23,333,219

Six mouths

July
August
September...

3,9-9,085
4.617,894
.

4,458.871

4,447.547

October

$21,352,579

Earnings.-

1884.

1883.

$8,112,242

$8,518,826

1.391,116
2,151.507
1,887,395
1,925,702

4,130,950
4,775,380
4,634,998
4,875,3.8

1,492,734

2,142,622
1,922,365
2.219,150-

Total 10mos. $40,816,646
$42,769,255 $15,467,962 $16,295,697
Michigan Southern.—The statement of the
As
to
the
lines
wrest
of
Pittsburg and Erie, the monthly
earnings, operating expenses and net income of the Lake
Shore and Michigan Southern Railway for the quarters ending reports issued in 1883 and for the current year show the results
below.
The company’s returns, however, state a loss since
September 30 and June 30, is as follows
:
Quarter end’g Quarter end’g January 1 in the present year, compared with the same period
Sept. 30, ’84.
June 30. ’84.
Gross earnings
$3,538,378 in 1883,‘ of $1,681,247.
$3,741,269

Lake Shore &

2,221,916

2,030,211

enmings from operation
Operating cost

$1.519 353

$1,*03.167

Gross income from all sources
Deductions from income as follows:
Interest 011 funded debt and guaranteed
stock proportion lor the quarter
Taxes, proportion for the quarter

$1,519,353

$1,508,167

Operating expenses
Net

Rentals, pxopoitiou for

135,000

111.266

$791,992
1 i^.oOO
110,27.

$1,099,(08

$1.03 ',26 \

$352,742

$420,344
SHEET

.

$i70,903

(CONDENSED).

Assets.

$84,000,000
13,771,048

Cost of road and equipment
Stock and bonds of other companies
Other permanent investments

Total

1,125,423

4,832,3-0
270,600
1,522,903
1,196,178

$105,615,865

$103,63 ',444

4,819,379

276,605

Valley Railroad

Due by agents and
Supplies on hand
Cash ou hand

$“4,rOO,COO
Il.fi7.v7-

1.5‘ 5,900

others

87,508

134,301

Liabilities.

Oapitnl stock, common
Capital Mock, guaranteed
Funded debt—L. 8. *fc M. S R’y
Fond* d debt- Det. Mon.
Toledo Road..
Winded debt—Kal. & IN hite Pigeon Road.
Int. on funded debt accrued and not due.




$49,466,.rOO
533,5 O

46 442,000
924,000
600,( 09

877,117

$49,466,500
533,5:0

42,942.’ 00
924,00o
600,000

PITTSBURG A ERIE.

Surplus over all Liabilities.
1883.

1884.

Six months

Def. $724,190

3.168'
18,97 4

July

52,815

Def. $518,036

$1,168,503

131,487

Total 10 months

Dee. in

$182,931
126,759

247,490
318,522

August
October

Net income from all sources

Advances to

Net

September

the quaiter

GENERAL BALANCE

(57*38)

(59*39)

LINES WEST OF

:

292,801

1884.

$90 \42L

123.591
228.536265,677
161,314

$1,686,539'

Philadelphia & Reading—Central of New Jersey.—Presi¬
the Reading Railroad, forwarded a letter to
of the Central Railroad of New Jersey, declin¬
ing to pay the December dividend.
The letter vras dated
Nov. 24, and stated that, the Receivers having declined to pay
the money for the December dividend on Central of New Jer¬
sey stock, the Managers applied to the Court for an order
directing such payment. This application was mainly based
on the fact that about $1,500,000 in stock or bonds was due to
t he Philadelphia & Reading Company as lessee, on account of

dent Keim, of
Receiver Little,

improvements made
money

by them.

the

“The objects for which

Reading Company was
capital accounts have been as

furnished by the Philadelphia &

applied by your company on
follows:

of principal of Car Trust Certicate5
Other bonds and certificates of iudebtedness paid
Mortgage on real estate paid off
Floating debt paid off
For payment

:

A

$680,604
115,630

off.
—

\'

357,OOJ

November 29,

THE CHRONICLE.

1684.]

Interest accrued prior to June 1, 18S3, paid off
Wajsres, materials, lulls and book accounts due June l, 1883,

$717,811

paid off

1,025,852

Taxes due

101/ 8:5
53,219

prior to Ju ie 1. 1883, pa d off
■Biindiy accounts, tickets, etc., etc

T?kc Commercial
COMMERCIAL

$3,110,1 ,7

3,ess cash assets and book accounts of Central Raiiroad Com¬
pany of New Jersey existing June 1, 18*3, and since real-

iztd

1,358,049

Total indebtedness paid off

$1,788,007
2til,G29

Expenditures for permanent improvements

Total expenditures for capital account.,
$2,019,727
Erom which deduct amount of bouds already received on
account

CO\OCiO

Balance
$1,149,727
—The argument on the injunction recently granted by the
New Jersey Court to prohibit the New Jersey Central Railroad
from issuing any of its securities to the Reading Company lias
been postponed till Dec. 2.
In the meantime the restraining

order

removed on Mr. Gowen’s giving his word that no
issue of stocks or bonds should be made before Dec. 2.
—The Receivers of the Philadelpeia & Reading have made
was

arrangements with Messrs. Drexel & Co. to purchase the cou¬
pon and registered interest of the 6 and 7 per cent consolidated
mortgage bonds, amounting to $627,525, due on Dec. 1. The
Messrs. Drexel state that the interest which was bought by them
in June Irom the Receivers was re-paid within one month, and
that the present advance is to be provided for in like manner.

Pittsburg & Western—Pittsburg Cleveland & Toledo.—
The Philadelphia Press gives the following account of nego¬
tiations between these companies: “ The Pittsburg & Western
Railroad also owned one-third of the road, and afier the
troubles of Mr. Garrison, the Pittsburg & Western bought the
Messrs. Garrison, Andrews and McCreery did
whole road.
not make much money by the sale, but they cleared all
expenses. The Cleveland & Toledo road was a valuable link
in the system of the Baltimore & Ohio westward by means of
the Junction and Pittsburg & Western, and it has endorsed
the issue of bonds of the company.
It has' been stated that
it endorsed the lease, but in reality it was the bonds which
The Pittsburg & Western bound itself to pay
were endorsed.
into the Central Trust Company or some other trust company
or bank in the city of New York $2,000 monthly from the

607

flutes.

EPITOME7

Friday Night, Nov. 23, 1884.
The intervention this week of a close
holiday (Thanksgiving)
has had its usual effect upon trade,
the

although

cold weather

has not been without its natural effect in
improving some
branches of business. Reduction, of wages and the curtail¬
ment of production in manufactures and
mining have made
further progress, and there can be no doubt that the new
year will open on a plane very favorable to a substantial
revival of industry and commerce.
The reduction in wages
is attended with a reduced cost of living, and reduced cost of

production promises not only revived trade, but

an

extension

of its field.
The

speculation in lard futures was much depressed early in
comparatively small number of swine mar¬
keted at the West, and a firmer feeling in corn, caused a
re-action toward better prices on Wednesday.
To-day the
market was again weak, closing at 7*14@7*lGc. for the next
three months and 7*24c. for February, with the later deliveries
nominal.
Spot lard has been less active, and closes at 7’10c.
for prime city, 7*30(a.7*35c. for prime Western and 7\>0@7*55c.
for refined for the Continent.
Pork has further declined,
and closes at $13@$13 25 for mess.
Cut meats and bacon have
favored buyers, but close steadier.
Butter is easier at 20@30c*
for creamery. Cheese firm at 8^@12%c. for State factory.
The following is a comparative summary of aggregate ex¬
ports from Oct. 27 to Nov. 22.
the week; but a

188 4.

Pork, lbs
Bacon, lbs
Lard, lbs

....

Total

Brazil coffees

1883.

■

2,738,200

4.825,800

25.287,700

20,379,334
19,372,817

Dec. 2,087.000
Dec. 1,091,508
Dec. 2,024,014

50,577,95L

Deo

10,7-18,803

44,774,769

5,803,182

the spot close barely steady, but the ad¬
vance of last week to 10c. for fair cargoes of Rio is
nominally
maintained. Options, however, have sharply declined, under the
on

earnings of the Pittsburg & Western and the Pittsburg
& Toledo, to meet the interest charges on the
$2,400,000 of first mortgage bonds of the Pittsburg Cleveland
& Toledo.
The Pittsburg & Western then agrees to transfer
increased selling movement, and t>day closed with sellers at
to the Baltimore & Ohio 15,000 shares of Pittsburg Cleveland
8T0c,
for Dec., 8‘25c. for Jan., 8*35c. for Feb., 8*45c. for
& Toledo stock.
The Pittsburg & Western agrees to pay
$500 a day into the First National Bank of Pittsburg to the March and 8*55c. for April. Mild coffees have sold fairly to
credit of the Baltimore & Ohio until the $12,000 a month has .the trade. Raw sugars have been dull, and were
to-day quoted
been deposited.
at a further decline to 4 13-1G@4 15-lGc. for fair to good refin¬
“If the Pittsbvrg & Western fails to keep its c ontrai t it must
transfer the lease of the Pittsburg Cleveland <Sc Toledo, with ing, on the 6pot. while the speculation is quite dormant.
Refined sugars are also cheaper and unsettled; crushed
all rights and privileges, to the Baltimore & Ohio.”
Texas & Pacific.—The committee of bondholders in Phila¬ Gf‘a@6/Tc., and standard “A” or,8'@5%c. Teas quiet; Japans,
delphia have accepted the modified agreement offered by Mr. ll@29c.; Cnina black, I4@37c.
Jay Gould, and President George B. Roberts of the Pennsylvania
Kentucky tobacco has remained very quiet throughout the
Railroad is the director agreed upon by the representatives of
week,
and prices are nominally as last quoted, being held
eack party.
The ticket to be voted for at the next election, with much
apparent firmness. Seedleaf tobacco also shows
in March, 1885, is as follows: John A. Wright, John Markoe,
James P. Scott, Charles O. Baird, John C. Bullitt, J. J. Wis- a limited movement, and prices of most grades turning in
tar, John N. Hutchinson, William Winsor, Jay Gould, R. S. favor of buyers. Sale3 for the week include 150 cases 1883
Hayes, Russell Sage, Thom;s T. Eckert, George J. Gould,
Frederick L. Ames. A. L. Hopkins, John C. Brown and George crop Pennsylvania on private terms; 350 cases 1883 crop do.,
B. Roberts. The first eight of these represent the bondholders, 9@14c.; 120 cases 1881 crop do., G@ 11c.; 130 cases 1833 crop
the eight headed by Jay Gould represent the stockholders, and New England, 12Y@35c.; 100 cases Wisconsin Havana seed,
Mr. Roberts, as stated above, is satisfactory to both parties.
16@35c,; 80 cases 1832 crop State Havana, private terms, and
The agreement is said to embrace the following points: The
120 cases sundries, 5@23e.; also 325 bales Havana, 80c.(a>$l 18
interest oh the consolidated bonds is to he paid in cash. The
and 120 bales Sumatra, $1 30@$1 GO.
new terminal bonds are to be used for money borrowed. Arbi¬
tration by railway experts to examine into the question of
The speculation in crude petroleum certificates has been
rates with connecting lines, and, if inequitable, to adjust them.
rather drill throughout the week, and the fluctuations in
Rio Grande division and New Orleans Pacific coupons are to be
orices,
in the absence of important advices from the wells,
funded one at a time as nee ded under the present scheme on
not
been important, but the tendency of prices has been
lave
the basis of Y cashtand Y *n the new terminal bonds. Cou¬
pons of consolidated bonds, though p^id, are not to be can¬ upward, and to-day something of a “short interest” appeared,
celed, but to be held in trust to protect the company against causing a sharp advance to 77c., closing firm. Refined oil is
suits of Income and Land Grant bond holders. Notice is issued
by the Texas & Pacific Company that the requirement obliging unchanged. Spirits turpentine has been doing better with
holders of the Rio Grande Division and N. O. Pacific bonds speculative transactions at 323^c. for December and 33c. for
January, but the close is quiet and other naval stores more
to present their bonds to be stamped have been dispensed with
or less nominal.
Holders of bonds that have already been stamped can have the
In nntals. the speculation in pig iron has gained strength,
stamp canceled, if desired, by presenting their bonds at the hut at
to-day’s exchange certificates were quiet at $10 50(&
office of the company.
$17 25 bid. din at some decline closed about steady; Straits,
~
~
1Z
16tf@lGi£c., on the spot, and 16*46@lG,o5c. for future deliv¬
Practical Banking. By Albert S. Bolt.es.—The author of ery. Tinplates are dull and easier. Copper heavy at 12'Y@
this work frankly states that his aim has not been to produce 12?gC. for Lake. Lead nominal at
for domestic.
an
original work but the best text book on the subject: and to Sp-lter dull at 4’40@4*90o. for domestic and foreign.
this end he lias called to his aid and publicly acknowledges
Ocean freight room continues scarce and rates have in some
the services rendered by bank cashiers, Clearing House man¬ cases further advanced, while shipments have been greatly
agers, secretaries of trust companies and other practical men delayed.
To-day 7d. was paid for grain to Liverpool by
connected with financial institutions.
The work is treated stearu, while current rates were 7 32d. for cotton, 35s. for
under four divisions: Part I. relating to Deposit and Discount cheese and 27s. 6d (a>30s. for bacon. To London 6%d., to Bris¬
Banking; Part II. relating to Savings Banks; Part III, relating tol G^CcdG^d. for grain, by steam. To Cork for orders, char¬
to Clearing
ters have been nominal; grain vessels 5s. for Dec., loading at
Houses; Part IV. to Loan and Trust Companies.
This work on Practical Banking is therefore specially in¬ 4s. 9J. for Jan., and petroleum vessels 3s. 3d.@3s. 6d. To
tended for those desiring to learn how the banking business is United Kingdom and the Continent large vessels with petro¬
jpnducted. Homan’s Publishing Company, 251 Broadway. leum are done at 2s. 3d.@2s. 6d. The export movement in
Price $3.
wheat-evidently a wait* a lower range of ocean freight.
_

'

Cleveland




~

THE

608

CHRONICLE;

In addition to above exports, our telegrams to-night
the following amounts of cotton on shipboard, not

COTTON.

us

November 28, 1884.

Friday, P. M.,

[VOL. XXXIX,

The Movement of the Crop, as indicated by our telegrams
from the South to-night, is given below.
For the week ending
this evening (Nov. 28), the total receipts have readied

New York,
Yale

at the ports named.
We add similar figures for
which are prepared for our special use by Messrs. Carey,
& Lambert, 89 Broad Street.

234,093

bales, against 258,774 bales last week, 269,114 bales the previous
week and 257,041 bales three weeks since; making the total
receipts since the 1st of September, 1884, 2,505,451 bales, against.

showing an

2,420,284 bales for the same period of 1833,
increase since September 1, 1884, of 85,107 bales.

Indianola, Ac.
New Orleans...

3,061

22,599

296

296

17,481 21,92) 11,871 12,024 16,650 13,273
1,593
2,662
3,850
3,190
1,690
1,864
6,728
0,149
6,762
5,331
9.991
5,016
6,09G

93,207

Mobile
Florida
Savannali

Briinsw’k. Ac.

Royal, Ac.

■Wilmington....
Morek’d C.,Ac
Norfolk

Boston

Baltimore

Philadelp’a, Ac.

4,101
700

7S5

....

....

....

423

423

5,185
21,279

43,900
21,279

....

....

...

177

841

997

669

456

510

....

....

....

....

....

1,196

58.210!

Totals this week 42,555

3,503

87

93

22

486

....

....

44,111
3 0)0

6,000

Total '1331.

25,000
4,748

48,800

3,800
3,770

51.500
20.231
52 727

2,909
2,000

161,713

37,617 102,052 19,772

113,391

48,387 | 25,144
23.971 | 56,266

16,820
51,952

92,936
38,902

6,150
8,000

28,301
116,901
67,639

321,154

582,503

3,000
None.
None.

5,613

169,057

10,436

197,858

759,640

14.211

264 743

520.292

4.800

857

32

None.
1.377
None.
250
None.

129,54G
4,200

4 500

and
wide fluctuations in prices of cotton for ' future delivery at
this market.
Something of a “corner” on November options

....

.

22,700
10,336

2,OJO

3.502
1,200

1

987

.

N one.
20 900

30,496

....

S5

40,301

None.

1

795

....

33/90

3.000
21.400

Stock.

1,090

756

192

51,163

Foreign

Leavin

Total.

3,911

....

8,278

France.

New Orleans
Mobile
Charleston
Savannah
Galveston:
Norfolk
New York
Other ports

Coast¬
wise.

Other

Great
Bt ilain.

Total 1883
Total 1882

....

6,785

23, AT—

39,315
1,000

....

7,367

Nov.

6,728

....

....

....

....

....

5,217

Shipboard, not cleared -for

On

14,851

....

....

5,702 10,533

West Point, Ac
New York

....

5,094

6,489

....

....

....

....

...

5,654

Charleston
Pt.

....

....

4.480

....

....

....

....

2,892

3,143

5,633

2,7S0

Galveston

Total.

Fri.

Th UPS.

TYcd.

lues.

2Ton.

Sat.

Receipts at—

also give
cleared,

248

218

72

1,407

39,010 37,598 41.093 60 31C 284,632

.....

170,295

We have had another

became

a

week of speculative manipulation

On Saturday there was

at the close.

feature

sharp decline under sales to realize, promoted by the report
had been generally settled, but on
Monday there was renewed buoyancy, favored by favorable
foreign advices and cold weather at the South. On Tuesday
there was some further advance, and Wednesday, after a weak

a

that November contracts

opening, closed slightly dearer. To-day there was, in the later
give the following table showing the week’s dealings, a pressure oil November contracts, and this month
total receipts, the total since Sept.l, 1884, and the stock to-night,
advanced 12 points., while other deliveries closed only slightly
and the same items for the corresponding periods of last year:
higher, and notices for December delivery were generally
Stock.
1383.
1884.
thrown upon the market.
The close, as compared with last
Receipts to
Since S'’p.
This
Since Sep
This
1833.
188 4.
November 28
Friday,
is
slightly
dearer
for
the winter months and cheaper
Week.
Week.
1, 1883.
1, 1884.
Cotton on the spot lost on Saturday
for the distant deliveries.
59,133 95,695
343,599
Galveston
22,599
296,819 32,988
l-18c. of the previous advance, and remained quiet and
101
111
189
6,337
296
7,972
Indianola, Ac
New Orleans...
695,777
293,C0C 324.094 unchanged until the close to-day, when middling uplands were
93,207
669,179 G 1,756
131.615
21,020 44 9i3 quoted at 10 7-16c.
Mobile
14,854
107,163 14,667
6,217
2,241
3,965
Florida
6,728
28,595
17,301
The total sales for forward delivery for the week are 430,800'
Sav&nnali
39,345 46D.75Q 30,377 417,887 111,436 105,351 bales. For immediate delivery the total sales foot up this week
236
6,131
],0C0
7,710
Brunsw’k, Ac
export, 1,436 for consumption,
263,895
100,752 75.420 1,526 bales, including 100 for
Charleston
30,496
315,258 17,386
for
speculation and — in transit. Of the above,
bales
1
1
1,035
220
5,885
Pt. Royal, Ac.
1,218
The following are the official quotations for
22,668 17,722 were to arrive.
61,912
5,480
62,454
4,860 :
Wilmington....
each day of the past week.
962
423
M’liead C. Ac
7,238
4,334
For comparison, we

—

Norfolk
West Point, Ac

43,900

292,241
162 604

33,629
11,287

300,503

21.279

486

7,577

2,161

10,018

3,503

31,117

5,337

23.217

6,310

4 905

248

993

159

21 092

23 497

1,107

10,474

89

2,8)9
5,480

5,000

10 273

New York

Boston
Baltimore

Pliiladelp’a, Ac.

53,627

123,051 193 827

284,692 2,505,451 222,135:2,420.284

Total

S1.02S
11 ,‘217

110,072

903.662 957.493

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

j 1884.

New Orleans.

22,89 51
93,207

Mobile

1831.

1382.

|

1883.

1879.

| 18S0. |

33.1771

33.405

15.715!

22,188

24,261

74,354

64.517

41,501

55 017

14,851

64,756
14,667

12,511

13,988

17,222

13,906

Savannah....

39,3 45

30.3 77

33,766

38,828

34.1G5

Cliarrst’n, Ac
Wilm’st’n, Ac
Norfolk. Ac..

30,497
5,283
65.179

17,615

30,032

32,678
26,180

33,179

22.GS0

6,4 51

7,602

7,014
41,203

6,073
35,589

All others

1U)2|

9,056!
39,233
20,8031

14.2)6

19,476

Galvest’n.Ac.

281,632;

Tot. this w’k.

2505.45

44,916
10,226

48,939
14,438

222 185

j

255,G97j 222

170j

l! 2420,284 2442.3371^2345.21

Since Sept. 1.
Galveston includes Indianola;

21S 31'

2tG,lG7

Week Ending Nor. 28.

j

Great
Brit' n. France

S*lfl

Ordin’y

87,6

37io

S",6

89,6

87,fl

S7,fi

87,6

87l«

S 78
87k
878
878
87s
Strict < >r<l..
8^
S78
8*8
9 J * yr
Good Old..
97,6
91‘16 9*1,6 9i4,6 9**16 9**16
97,6
97,6
Str. G’d Ord 913,., 901,6 90516 101,6 101,8 10*16 10*16 101,6 I0*,e
Low Midd’g 10110 101,6 14)1,6 10** 16 10° ,6 1 0*>,6 105,6 105,6 lC5,g
10*a
10 4*3
1 0 5*2
10*2
10*t3
lOha
10 u
10\|
Str.L’w M id 10*4
Middling... 107lfi 107,6 107,6 10U,6 10H,6 10*1,6 10111G 105 1,6 101*13
1
Good Mid
105b
Str. GVl Mid 10* 3,6 1 00*16
Hb 6
Midd’g Fair 113,
111
Fair.
1105,6
.

Wed

Ordin’y qj? 1

Til.

8-V,

Strict Ord..
3*8
9 b <?
Good Ord..
Str. G’d Ord
Low Midd’g 101,6
Str.L’w Mid 1 ( q

Middling... 10716
Good Mid.. 1;58
Str. G’d Mid 10*»lfe

|
r

lt,58

l078

10

11*16 11*16
117.6 11*16
121,o 12*16

107a
t078
I07s rl076
0*16 11*16 11*10 11*16 U*lfi
113,6 H71H 11'16 li ‘16 117,6
11 Oq* 121,6 121,6 12*16 121,6
Wed

33,6

87,3

3°a

3-8

97,fi

91116

O

Midd’g Fair U*c
Fall’

.

1(1

901,6
r.

Til.

Fri.

l.'U„3

10*,6

10U

10 *2

ri
0

107,6 'lOll.o
107g
107*6
111,6

'

1

•

17

*■

*

•

1 ‘ *. 6

11>3,« 121,6

:

:

87i6

S7,6

87,6

B78

87s

9*1,6

9**16

878

9*1,6

10',3

101,6
10516

I0-»ia

1 0

10^

Fri.

Th.

10*16
10°,6

ei

10*2

S
C

1014,6 10*1,6
1078
107e
11116 11*16
117,6 117,6
121,6 *121,6

10*1,3

w

Mon Tues Wed

Sat.

STAINED.

Wed

Fri.

io7a

1078

•

11*16

;

117,6

*.

121,6
Fri.

Til.

Charleston includes Port Royal, Ac.;

Exported to—

Exports
from—

Mon Tues

Sat.

!

4 2538 057 2351.103

Wilmington includes Morehead City, Ac.; Norfolk includes West Point,Ac.
The exports for the week ending this evening reach a total
of 146,555 bales, of which 76,478 were to Great Britain, 27,253
to France and 42,824 to the rest of the Continent, while the
stocks as made up this evening are now 903,062 bale3. Below
are the exports for the week and since September 1, 1884.
1

Mon Tues

Sat.

Moil Tues

Sat.

Nov. 1 8.

TEXAS'

NE TV ORLEANS.

UPLANDS.

Conti¬

Total

nent.

Week.

Frofti Sept. 1, 1831, to Nov. 23, l:.s84
Exported to —
Great
Britain. France

Conti¬
nent.

..tflb.

Good Ordinary
Stiict Good Ordinary
Low Middling
...

Middling...

1

■

7*3,6

705,6

713,6

705,6

705,6

8*a
9^16

8 4-2

8k,
9u,r,

8*2

noli-

95,6

day.

1)15,6

9! a,6

915,6

9‘bo
915lfi

8*3
9°16
9l°,6

MARKET AND SALE'.

The total sale3 and future deliveries each day during the
week are indicated in the following statement.
For the con¬
venience of the reader we also add a column which show's at a

glance how the market closed on same days.

Total.

SALKS OP SPOT AND TRANSIT.

FUTURES.

i

Galveston

.

•

5,075

5,075

•

24,510

28,139

New Orleans..

•

14,219 00,901

|

Mobile

Savannah

.j

...

Charleston *...

1,400

Wilmington...

5,000

New York

10,51-2

Boston
.

rhiladelp’a.&c

185,2301 89,373

110,059

390,002

3,295

1,500

5.900

7,100

70,001

7,921

102,475

5,340

0,740
5,000

73,109

9,712

21,374

......

70,290
4,93 4

20.5S3

123,301
102,144

•

•

1,207

.

.

20,279

8,500

10,C97

1 805

1,805
1,6-1

2,0S1
1,049

737

4,323;

52,120

1,781

21,230

Total

76,473

27.253

42,824 140,555

f 0.703

7.222

48.371 152.359

.

Includes exports

SPOT MARKET

Rx-

CLOSED.

port.

Con-

1

Sat.

Quiet at i,s dec..

.

Mon
steady
Trios. Firm..
Wed
Firmer
Tiiiu-s
Fri.
Quiet and

...

i

from Port Royal, &c.

+ Includes exports from West Point, Ac.

i

3,050

1-0,400
153,111

29,303

0 303

-129 007

130

i

275!

70,812

249,083

220

37,001
79,175
25,-83

24,005

2.05S

427;

steady

Total.
The <la:lv deliveries

3<>l

100

'.

.

.

1

sump

.

Total 1883....




114.710

3,295

Norfolk K.......

*

35,512

•

Florida

Baltimore...

1,510

77,724

;

.

....

Spec- Tran-

ul't'n
....

....

....

...

....

100 1,426

....

given above ar>

previous to that on widen they are

....

Sales,

j

87,400'

cries.

427

401

73,700

400
300
600
500

293

70,000;

600

1.526

430,800! 2.400

ajt’.vi’.ly ddiver.*. I tho

reported.

Dcliv-

84.80**1
109.900,

130
275

....

..IIol iday.
293 j
....

Total.

day

.

S32.023 127,000

433,307 1,392,990

058885 104.243

410.030 1 939 133

Futures are shown by the follow¬
In the statement will bo found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sales.
The Sales and Prices of

ing comprehensive table.

November S9,

<

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1i

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descriptions

14,400

follows ’

are as

247.000

265.000

252.000

20 7,000
4 ‘1,000
1)77,49.8

10 <,000

247,281
•12,20 >

327,000
100.000
3 13,000
06 0,598
35 >,304
14,100

f

23.000
7 8 5,03 >
23-aOoS
5,\ 0 )

326.025
3.000

2,119,113 2,2 5,123 1.901,513 2,150,302
181,000
48,000
131,000

....

....

Total East India, <fcc
Total American

202,000

2.53.00)
7.5, ’.00

45,t):){)
9 1,60 )

40,000

7

52,0 00

56,000

45 1.000

475,6 >0

...

115,30J

»O0

-

10 8.000
30,6 SO
12 1.570
70,000

7,00)

ft

5 7,000

4

4,000

5 %7,w0:>
384.170
...2,149,113 2.225,123 1,60 1,513 2.1qG .362

—

...2,6»> L143 2,700,723 2,1 :t2,:M ; 2,512,532
51 hod.
6tl.
6d.
611 ;c,d

...

_

fcgp The imports into Continental ports this week have been
85,000 bales.
The above figures indicate a decrease in the cotton in
sight
to-night of 1)7,580 bales as compared with the same date of
1883, an increase of 110,800 bales as compared with tlie corres¬
ponding date of 1882 and an increase of 00,011 bales as
compared with 1881.
At the Interior Towns the movement—that is the
receipts
for the week and since Sept. 1, the shipments for the week, an l
the stocks to-night, and the same items for the
corresponding

period of 1883—is set out in detail in the following statement.

<1
ffl
►i

I $
1 1

ii

H

H

c

c

S3

S3

©

1i

w
10

'

§

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p

•

p>
<
d>
:

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t. lo *-* k o: > i oo

©

O' © GO O'

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c<

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to

©
to

©

•

f-

-

■

o.

vi if. i;

/.

—*
O'
1 *— CO O ©
© (0 —•
M M ©. CO O- -1 M ©
*-» X

M ©

1C

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.
mV

cv

^

^

to
©

I X.I

to

to

' 7-*

00

-1

ot

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OO

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to

cn to t;
-1

-1

Io

(0- ot X

W
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to

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©

-

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-l

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o'

.

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3

■

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V
-

1

!

J

o

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«

S
© to tO -1 -1 —1 to —' VI ©

tOOCOw t; MX

S 8^

OX "© © x'o' 7- O' 04 MX jl to to X to
c
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~~
52
I. © - -1 .0 -4 © © 0j -4 C X M -I ©

© ©

I 1 101 X

©

•

7-1

tO © 4© ® O' lO ©

•—

•—*ic

-u^©- o o: c.pxt; ©.x os_
5] g *- 5 x co '© © •

© ©7j
9]
x i o © © X to

©
cc

to

'

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1 ^
i ft. V:

to

©

©

-

to

cc © © ©

to

11

1

O’' ju

to © © M —1 CO ©
n- tO © <T. CC
CO
i© 00 CO J. 00 O' ©

© 03 o © © © ©
M © © M *■ ® ©'
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•

1i

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M

S’
X
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?

continue

each

Orders for

to excli. 100 Dec. for Jan.
to exch. 10O Dec. for Nov.
to exch. 100 Jan. for Feb.
to exch. 200 Jan. for
April,
to exch. 100 Mar. lor
Apiil.
to exch. 500 Jan. for Feb.
Tlpd. to f-xch. 500 Dec. for Jan.
Even i .700 Nov. for Jan.
*11 pd. to
exch. 5oo Dec. for Jan.

236,00 s
5,500

131,000
573.000
5) > <,002

London stock

ft

September. 1884, for September, 158,200; Septem-

following exchanges have been

Total American

’S

November—Saturday, 10-35c.; Monday.
oOc.; Tuesday, 10-55c.; for December, Wednesday,
10’lOc.; Thursday.
e.; Friday, 10 45c.
Short Notices fi>r
December—Friday, 10,505;10,52c.

The

966,593
350,364

I—

give, the average price of futures each day for each month. It
will be found under eacli
day following the abbreviation “ Aver.” Tie
average for each month for the week in also given at bottom of table.
IO

785,0.35

52.000

003,662
217,281
12,200

—

1 ®: :
i1

ner-Oetober, for October, 121.800.
Gr We have included in the above table, and shall
we<& to

Transferable

669,170
70,000
398,000
44,000

I

o-

f

798,800
87,000
523,000
57,000

ft

Hi

:

1i

►i

1 «: :

<<

>

<

C>
i

813,600
78,000
461,000
56,000
957,468
326,625
8,0 JO

©

c.

►1

1 d

710,000
40,000
5~8.000

©

t>

i ®: :

Total European stocks
Lidia cotton afloat for Europe.
Amer’n eott’n afloat for Eur’pe>
Egypt, Brazil, Ac., ailt for E’r’pei
Stock in United States ports

b

.

1
■

:

.

224,570

ffl

•

•

218,300

X

1 9 to1

IO

t-1

6!
s

-

b

© M

11

301,600

M

CC CC

11

b

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on M
C »

to to

J

M to

►
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M

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b
c

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M M

©

T

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5q

b

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8

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Mi

M

262,0 >0

*

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<

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IV

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11

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to

M

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11

1 Q

1

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r-

M M

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1 &

V

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10

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41,000

Total Continental stocks

b
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970
2.090

8.400

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130,000
7,000

700

1,400
135,000
2,600
2-,000
7,100

£

l ©«:

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h-

at Havre
at Marseilles
at Barcelona
at Genoa
at Trieste

1,700
134,000
5,000

13.000

7,000

§

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1 ©;i

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49,500
10,800

51,000
40,<>00
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4,100

East Imf ian, Brazil, dc.—

o

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474,600

3,000
25,000
7,100

0,000

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2,000

7,000

a

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512,000

41,000

Liverpool stock....
bales
Ci>ntintmtal stocks
American afloat for Europe...
United States stock
United States interior stocks..
Unitod States exports to-day..

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473.000
3,500
33,000

A incncan—

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435,000
39,600

at Rotterdam

at

1881.

505,000
7 5,500

8,00.)

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1882.

467,000
45,000

Of the above, the totals of American and ether

m

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at Hamburg
at Bremen
at Amsterdam

1833.

430,000
4sS000

2,663,143 2,7 o 0,7 2 3 2,102.3 43 2,542,532

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United States exports to-dny..

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123,000
3,509
13,800
3,500
4,410

Novembr.

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Total Great Britain stock

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1834.

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Cotton

to-night, as made up by cable
The Continental stocks, as well as
those for Great Britain and the alloat, are this week’s
returns,
and consequently all the European figures are
brought down
to Thursday evening.
But to make the totals the complete
figures for to-night (Nov. 28), we add the item of exports from
the United States, including in it the exports of
Friday only.

5*32.=

?*!g

Cl

ai a cp

S-v1

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009

The Visible Supply

and

,—s .

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go

Ohj3c5
CD ®

Cc:®*

CHRONICLE.

made during the week:

•46 pd. to exch. 1,000 Jan. for May
*33 pd. to exch. 1.0 JO Jan. for Apr
•08 pd. to exch. 200 Jan. for Fet>.
•20 pd. to exch. 500 ian. for Mar.
•08 pd to exch. 100 Nov. for Feb.
Even 100 Nov for Jan.
•30 pd. to exch. 1,000 Dec. for Mar.
•33 pd. to exch. 1,0(>0 Jan. for Mar.
01) pd. to exch. 100 Dec. for Jan.

M
©

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above totals show that

increased during the week

-■

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X © 1
© lO -1 — © x © »— to,
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03

r

C'' OP

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•

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00 rT1

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the old interior stocks have
are to-night 79,ol4

31,863 bales, and

THE CHRONICLE.

610

bales less than at the same period last year. The receipts at
the same towns have been 23,755 bales more than the same
week last year, and since September 1 the receipts at all the
towns

147,719 bales less than for the

are

same

Shreveport, L>us’ana.—It has rained on three days of the
week, the rainfall reaching four inches a d thirty-one hun¬
dredths. The thermometer lias averaged 50, the highest being
64 and the lowest 31.

time in 1883.

Vicksburg, Mississippi.—Telegram not received.
Columbus, Mississippi,—We have had rain on three days
of the week, the rainfall reaching one inch and forty-nine

Quotations for Middling Cotton at Other Markets.—
In the table below we give the closing quotations of middling
cotton at Southern and other principal cotton markets for each

hundredths.
Little Rock,

day of the past week.
CLOSING QUOTATIONS FOR MIDDLING COTTON ON

Week ending
Nov. 28.
Galveston
New Orleans.
Mobile
Savannah
Charleston.
...

..

.

.

Tucs.

lOis
10i8

1«>%
10'18

10i8
10%

10%
10%

10
10
10

10
10
10
10

10
10

10

lobe
1 Oh#

Wilmington..
Norfolk
Boston
Baltimore

10

%

....

St. Louis
Cincinnati...
liouisville....

10
10

10

10*8

9l»ie
10116

10

10

Thurs.

10

10
10

103ie

lO-hs

10 %

103q
105g
9%

105s
10%
1050
9%

10
10

10
10

IOI10

1O%0

10

10

Arkansas.—Telegram not received.
received.
Helena, Arkansas.—It has rained constantly on two days.,
and the remainder of the week has been cloudy.
The rainfall
reached one inch and sixty-three hundredths.
It is raining;
this morning, with indications of bad weather fer cotton pick¬
ing. Average thermometer 46, highest 62 and lowest 26. *
Memphis, Tennessee.—We have had rain on two days of the
week, the rainfall reaching one inch an 1 thirty-nine hun¬
dredths. Cotton is being marketed very rapidly. This week's
receipts are the largest on record. The thermometer has aver¬
aged 47, the highest being 62 and the lowest 24.
Nashville, Tennessee.—It has rained on one day of the week,
the rainfall reaching sixty-five hundredths of an inch.
The
thermometer has averaged 46, ranging from 27 to 67.
Mobile, Alabama.—We have had rain on five days of the
week, the rainfall reaching one inch and ninety-nine hun¬
dredths. There was killing frost on Tuesday, but no serious
damage has been .done, as about all the crop had been secured*
The tributary rivers are higher. The thermometer has ranged
from 34 to 70, averaging 54.
Montgomery, Alabama.—The early part of the week was
clear and pleasant, but during the latter portion we have had
rain on four days, with a rainfall of one inch and fifty-nine
hundredths.
Planters are marketing freely.
Average ther¬
mometer 52, highest 69 and lowest 32.
Selma, Alabama.—The days have been warm, but the
nights cold during the week, with rain on three days. The
rainfall reached one inch and ninety-six hundredths. Cotton
is being marketed freely.
The thermometer has averaged 49,
the highest 64 and the lowest 32.
Auburn, Alabama.—It has rained on three days of the
week, the rainfall reaching one inch and sixty-three hun¬
dredths. We had killing frosts on Sunday, Monday and
Wednesday nights. The thermometer has averaged 48, Hing¬
ing from 30 to 67.
Foit Smith, A rkansas.—Telegram not

—

Fri.

10%

•

9!

10-10118

10*8
1050
103s
1(50
934

10% <£ %
1058
9^

Philadelphia.
Augusta
Memphis

Wtdnes.

Mon.

Satur.

;

lOl!©

J
J
;

10

91516
10
10

>»
ra

10%
10%
10%
10%
9%

«H

O

w
1
I

10
10

Receipts from the Plantations.—The

1

10110

I

10

following table is

prepared for the purpose of indicating the actual movement each
week from the plantations. Receipts at the outports are some¬
times misleading,* as they are made up more largely one year
than another at the expense of the interior stocks.
We reach,
therefore, a safer conclusion through a comparative statement
like the following.
In reply to frequent inquiries we will add
that these figures, of course, do not include overland receipts
or Southern consumption; they are simply a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports.
RECEIPTS FROM PLANTATIONS.

Week

Receipts at the Ports. St'kat Interior

Endiuj—

Sept. 12.
44

IS).

44

2<S.

•

“

10.

“

17.

“

fil.

“

31.

Nov.

14.

44

21.

44

42624

19,115

29,933
40,6 >2
! 179,883, 103,401 168 721! 76,802
•200,136 228,897 205 313; 93,075
1242 320 237,270 242 289 125,039
211,738 232,843'285 112 139,317
256,023 241,921 277 470 175,092

202,251'207,60 4 257, (01l|211,740
259,1341242,078 209 ,114 241,123

7.

“

49,512: 04,348

! 77,221! 90,819 j 89 ,737
! 130,473 125 032 118, 463

3.

Oct.

.

242,109 222,510 258 ,774'259,175

.'253,097

2S.

Towns} Rec'pts from Plant'ns

; 1883. i 1884. j 1832. j 1883. | 1884. j 1882.

1882.

222,183 284 ,092 275,700

I 1383. j 1884.

58,989

20,427. 52,108 69,701; 40,187
75,179 24,,317, 88,093 113,009 84,027
105,778 30,,155 153,116 155,631 130,301
137,536! 49,,497 210,123 197,219 182,003
104,915 68, ,108 224,949 256,270 223,924
202,970: 92 ,654 271,693 295,3 11 260,835
230,933 129 ,511'256,010 286,801 3:21,909
270.734 150, ,05 s1292,398 281,689 304,017
313,241)' 174 ,990 298,899 304,119 275.979
343,929 193 ,970'291,537 272,758 293,088
359,748 229 .539 257.221 238,329 289,343
37 4.504 207, ,133 271,022 237,091 322,2-0

The above st itement shows—1. That the total

the

plantations since September 1, 1334,

were

receipts from
2,755,309 bales;

2,745,693 bales; in 1832 were 2,701,5")2 bales.
2.—That, although the receipts at the outports the past week
were 284,0)2 bales, the actual movement from plantations was
322,230 bales, the balance going to increase the stock at
the interior towns.
Last year the receipts from the plantations
for the same week were 237,001 bales and for 1882 they were

in 1383

were

271.022 bales.
Amount of Cotton in Sight Nov. 23.—In the table below

give the receipts from plantations in another form, and add
1, and also the
takings hv Southern spinners to tire same date, so as to give
substantially the amount of cotton now in sight.

we

to them the net overland movement to Nov.

1SS-1.

1883.

!

tH CC rn 1.

1882.

[VOL. XXXIX.

.

Madison, Florida.—We have had ram on two days of the
the rainfall reaching one inch and eighty-two hun¬
dredths. There lias been killing frost this week.
The ther¬
mometer has ranged from 34 to 79, averaging 55.
Macon, Georgia.—It lias rained steadily on two days of the

week,

week.
C Iambus,

Georgia.—We have had rain on two days of the
week, the rainfall reaching three inches and nine hundredths*
The thermometer has averaged 54, the highest being 58 and
the lowest 32.

Savannah, Georgia.—It lias rained

on two days and the
pleasant.
The rainfall
inch. The thormometer
lias averaged 58, ranging from 37 to 74.
Augusta, Georgia.—The early part of the week was clear
and pleasant, but during the latter portion there have been show¬
ers on
two days.
The rainfall reached twenty-seven hun¬
dredths of an inch.
About two thirds of the crop has Ken
marketed, and planters are marketing freely. The thermom¬
eter has ranged from 33 to 77, averaging 55.
Atlanta, Georgia.—Telegram not received.
Charleston, South Carolina.—It lias rained on two days of
the week, the rainfall reaching twenty-nine hundredths of an
inch.
The thermometer lias averaged 58, the highest being

remainder of the week has been
reached forty-four hundredths of an

70 and the lowest 42.

2,420,2s i 2,142,337 2,3 45 214
Interior .stocks
excess ol

Nov. *28 ini

on

bcptcmbi r

1......!

2 i 0,91S

32'. 108:

Tot. receipt > from plant.i‘ttm',755>,309 2,745,0 )2
Net overland to No eiiiln r L
j
1K2‘4! 12(5,-591
59.0 -0j
fooiituein eons..nipt u to N<>\ .11
50,• on
.

,.

j
^ [i!

p;

259,2 1 5

317

ooT

-75
126 OS 3
•15 O. 0

2,701,5^2 2.032
93.657
59.09

-

2,85-1,109 2,603 9.58

|

Northern sj inner.s’ takings to
November 28
|

Stateburg, South Carolina.—It has rained

!

418,7371

063,0301

500,391

637 740

It will be seen by the above that the decrease in amount in sight
to-night, as compared with last year, is 27,9ns bales, the increase as

compared with 1882 is 49,234 bales, and with 1881, 39,685 bales.
Weather Reports by Telegraph.—There lias been rain in
almost all sections of the South during the week, but in gen¬
eral the rainfall has not been heavy.
Killing frosts have
occurred in portions of Alabama and Florida; it is, however,
too late now for frosts to do damage. ,

Galveston, Texas.—It has rained hard

throe days of the
week, the rainfall reaching three inches and twenty-three
hundredths. The thermometer has averaged 59, ranging from
on

on

two days of

the week, the rainfall reaching thirty-four hundredths of an
inch.
It is raining slowly now. About two-tliirds of the crop
Ins been marketed. The thermometer has ranged from 33 to
72, averaging 52*4.

Wilson, North Carolina.—It has been showery on one day
reaching nine hundredths of an inch*
Average thermometer 50, highest, 09 and lowest 28.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
November 27, 1834, and November 29, 1883.
of the week, the rainfall

Nov. 2 7, ’84. Nor. 2

N

Orleans

Below

Memphis

high-water mark
Above low-water mark.

>w

Feet.
12
f>

Nashville

Above low-water mark.

Shreveport

Above low-water mark.

O
2

Vicksburg

Above low-water mark.

0

’

Inch.
9

3
7
S
0

Feet.
9
19
15
9
OO

Inch.
5
7
7
8
4.

New Orleans reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to highIndianola, Texas.—We have had hard rain on two days of water mark of April 15 and 16, 1874, which is 6-10ths of a foot
the week, the rainfall reaching one inch and ninety-two hun¬ above 1871, or 16 feet above low-water mark at that point.
dredths.
There lias been frost, but not killing.
India Cotton Movement from all Ports.—We have
The ther¬
mometer has ranged from 41 to 75, averaging GO.
re-arranged our India service so as to make our reports more
Palestine, Texas.—li has rained on three days of the week, detailed and at the same time more accurate. We had found
the rainfall read ling two inches.
Ice formed in this vicinity it impossible to keep out of our figures, as cabled to us for the
on one night.
Average thermometer 52, highest G‘J and low¬ ports other than Bombay, cargoes which proved only to be
est 32.
shipments from one India port to another. The plan now
New Orleans, Louisiana.—We have had rain on four days followed relieves us from the dawger of this inaccuracy and
of tiie week, the rainfall reaching threednelies and live hun¬ keeps the totals correct.
We first give the Bombay statement
dredths. The thermometer has averaged 50,
for the week and year, bringing the figures down to Nov. 27,

44 to 72.




BOMBAY RECEIPTS

348 1

Total.

Total.

nent.

Britainj

This
Week.

Since
Jan. L

3,000 508.000 055,000 1,163,000
18,000 1.667.4 ()0
5,00o 464,000 788,000 1,252,000
«,()o0 735,0001626.000 1,4 11.000 14,000 1,697.000
928.000 19 noo 1.277.000
3.000 14.0 K) 3 45.0OOl583.000

4,000
11.000

sales of several thousand bales various
lbs., O^c. for
the basis of 834'c. for
lb., 10c.
for 2 lbs. and 10%c. for standard “quality. ** Butts have been
rather more active, though the inquiry is principally for
paper grades, for which l 7s@2c. is asked, with sales of 2,500
bales.
Bagging quality is selling in small parcels, 1,000 bales
finding takers at 2;{8@2}^c., and these figures are quoted at

There

9,000 1,599.000

2,000
1,000
2,000

1,000
4,000

1384
1883
1882

j Conti-

Great

Tear Great Conti¬
Brit'n. nent.

Receipts.

Shipment* since Jan. 1.

Shipments this week,-

market for bagging is
coming in more freely.
There is a firm feeling among sellers, and it is only when a
large parcel is taken that any concession can be obtained.

Jute Butts, Bagging, &c.—The
showing some activity, and orders are

FOUR YEARS.

AND SHIPMENTS FOR

According to the foregoing, Bombay appears to show
compared with last year in the week's receipts of
9,000 bales, and a decrease in shipments of 2,000 bales, and

decrease

show a decrease of 89,000 bales
and other India ports for
1st of January, for two
follows. “ Other ports” cover Ceylon

The movement at Calcutta, Madras
the last reported week and since the

years, has been as
Tuticorin, Kurrachee

and Coconada.

Shipments for the
Conti¬

Great
Britain.

Great
Britain.

Total.

nent.

the close.

Calcutta1884

42.700

82.500
80,600

......

1883

MaMras—

125,200
98,600

9,030.

56.000

56.000

1884

4.500

All others—

Total all—
1883

61,800

4,500

209,000

85.700
72 100

213,300
201.900

3.000

1,000

2,000
4,500

117.800
132,30v

43.000

74,800
70.500

3,000

1,0C 0

2,000

43,100

1,300

41,3 JO

4,500

shipments

India, therefore, the total
since January 1, 1884, and for the corresponding
For the whole of

periods of the two

ibe 1c
c

All other ports.

This
week.

Since
Jan. 1.

This
week.

Bombay

1

IS82.

|

!

This
week,

Since

Jan. 1.

Since

|

j Jan. I.

163,000

5,000 1,252,000

6,D00 1,411,000

4,500j 274.000

llOjj

9.500 1.52*5.0 10

7,100 1,705.100

29 4.10C

of

Shipments.—Through arrange¬

Alexandria Receitts and
ments we have made with Messrs.

Davies, Bemciii & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt.
The following
are the receipts and shipments for the past week and for the
corresponding week of tiie previous two years.
Ale.rmiavioi, Euypt,
Xor ember 20.

Receipts (cantars*)—

ij

210 000

This week....

j!

1,2 3.0.0
|

Exports (bales)—
To

Liverpool

'

2 2.900

1

8,000

ij

98.000 23,000
31,0JO j 8,000

30,000 129,000
A cantar

*

!31,000

70,000

Since
j This
1. j week. Sept. 1

Sept.

33,‘,00

13,000
5,000

121,000

18,000

88,000

■

59,000
9,000
68,000

the week ending
to all Europe

Market.—Our report received from Manchester
to-night states that the market is firm. We give the price
for to-day below, and leave previous weeks’ prices for com
OotVn

6.

4.

s.

5
5
5
5
8l4
3^ It.—311 [ft 5
5
8 1 b—8111 r 5
5
5
8 b, (t 9

Sep.26 871(3a 9
3 8516/j 87*
10 35jrt® R7s

Con
“

44

17
04
31

<*
“

Nov. 7
14
'

“

14

85j«-Si:q«

21
28 S9lfi

9hB

New York

5

6
0
nbj 4>6 10 ks
5^j3(> 10 82
5^2 ft 6 10*‘2
0.
a.
7
®7

5 b> /£ J> 10L>
0 4,^7
0

6 3»®7
H
37
®7
9
9
®7

0
1

2
2 4?

Mid.

Upl

-

8

d

d.

d.

515lb 8;q6-38bJ1P.
534

8

®

9

87in® 9

9
8*1,® 9
*5<1« 8*16® 9
•51116 S7U® 9
■5*, 6

5^4
513,«

«.

5
5
0

5 ’1 ] 6

5 '2

8*4 lbs.
Shirtings.

32* Cop.
Iwisi.

8» l0®

5
5
5
5
5

84? ® 9^ 5
R*\» ® 94j 5

d.
s.
6 ®7
6
@7
6
®7
6 ®7
7
®7
6
*®7
6
®7
6
®7
7 ®7
7 ®7

d.
0

1^
1^
14i
1^
142
1^




that

up

to Oct.

24 43

24-29

27 18

31 the receipts at the

45,926 bales more than in 1883 and
than at the same time in 1882. By adding

were

year

128,590 bales more

the above totals to October 31
that time, we shall be able to reach
the movement for the different years.

to

an

exact comparison of
1879.

1880.

1881.

1882.

1883.

the daily receipts since

..L

1,307.2 40 1,282,972 1,426,796 1,222,135
29,101
30,704
36,792
46,514
32,374
8.
27,151
37,897
43.629 j
38,060
35,983
46,140
33,538
41,574
37,218

1,135,83011,389,904
31,747

Nov. 1

8.

“

2

“

3....

53.119

44

4...

40,193

|

38,90 4

48,836

41,655

38,310

8.

31,603

55,664
29,921

30,902
29,052
49,319
2S,562

5...i

34,86-i

61.341

“

6....

38 55*

49,216

S.

44

7....

34,599
56,307

42.475

40,365

8.

37.582

3 1,301

40 193

8.

34,133
32,773
63,578

36,297

35,8 42

8.

41,991

33,268

57.777

31 966

44

29.523

8....

44

11....

41.677

8.

38,651

40,3 .*9
33,590
17,069

4

12...

34,936

57,259

8.

29,131

51,779

8.

38.451

36.74"

8.

46,584
32,849
32,278
36,503
43,440
33.031

44

9....

4410....

44

44

44

13....

50,219

30,801

52,090

14....

07,76

31.943

33,566

>

29,897

15....

26,138

31,427

32,175

35.669

43.862

57,331

41.241

41,557

8.

25.136

31,533

38,465

44

17....

51.492

28,558

47,217
55.455

44

18....

33.643

8.

38,822

65,53 *

3

19

31.C01

49,735

8.

30,305

4,094
61,Hit

39,097

44

46,630

8.

28 335

3 0.198

60,135

8.

36,808

49,619

26,413
51,249
26,574

32,690

34 394

8.

27,531

26,970

60,920

33,470

S.

16....

44

20....

41,333

31,026

44

21....

65,818

44

22....

42,555

27,892
39,560

44

23....

8.

45,738

27,553

44

24....

58 210

23,398

44

25....

39.010;

S.

31,330
36,048
53,141
45,224

44,410

27,748

8.

33 317

47,126

33,349

53,571

8.

39,460

41,GV7

41,499

37.411

8.

51.232

44

26....

37,5981

44,502

44

27....

41

44

28.,..

66 316

33,925
29,791

003J

2,505.451: 2,334,715

Total

of total
port rec’pts Nov. 28

j

2,327,534 2,193,772 2,359,176 2,134,998

I

42-08

45-18

46-47

38-66

48-13

week, and since

Up Ids
d

This statement

6luie
Receipts
from—

J>1016

1^
142

51oi6

142

6

Cotton Exchange.—At the meeting last Satur¬

shows that the receipts since

September 1, 1881.

New

This

i

Since

j week, j Sept. 1.
Orleans.!| 7,627
83,212

Texas

Savannah

.

Philaoelph’a;

Boston.

New York.

6
6

to this request, the Board of Managers has
the amended rule on the table, thus making it
inoperative for the present, and leaving the old rule in force.

In response
decided to lay

|
21-72

2866

578

Ootfn
Mid

day, relative to amended rule 7, with reference to transferable
notices of delivery, after several speeches had been delivered
strongly protesting against the amendment, the following
ayes to 24 nays :
resolution was carried by
Hem'red, Tnat it is lb**, sense of ibis meeting that the amended rule 7
should be rescinded by the Board of .Managers, and be replaced, if need
be.by one more in const nance with the views and interest of the majority
of the members.

888,492

_

534

1883.

8*4 lbs.
Shirtings.

1

Sept. 1 up to
to-night are now 170,736 bales more than they were to the same
day of the month in 1883 and 177.917 bales more than they were
to the same day of the month in 1832.
We add to the table
the percentages of total port receipts which had been received
to November 28 in each of the years named.
The Following are the Gross Receipts of Cotton at
New York. Boston, Philadelphia and Baltimore for the past

parison.
1834.

980,5841

458,478
968,318

333,643

853,195

|

Percentage

Manchester

32* Cop.
Twist.

1,046,092

This statement shows

is 98 lbs.

This statement shows that the receipts for
Nov. 20 were 210,000 cantars and the shipments
30.000 bales.

429,777

343.812

ports this

8 46 000

Since

l.jj week.

j. week. Sept,
1

1

1,182,*>00 !

11 This

Since

This

|

180,001

326,656

345,445

Ferc’tage of tot. port
receipts Oct. 31...

44

1882

1883.

1884.

1879.

1882.

Total year 1,435 830 1,389,904 1,307,240 1 ,282,972 1.426.796 1,222.135

“

This last statement affords a very interesting comparison
the total movement for the three years at all India ports.

1880.

1883

October.. 1,090,385

Tot.Oc.31

209,000

6,000 1.462.000

Total

Sept’mb’r

1881.

1884.

1894.

1883.

has been as follows.

Beginning September 1.

Year

Monthly
Receipts.

EUROPE FROM ALL INDIA.

1884.
to all Europe
from—

the month.
We have consequently added to our other standing
tables a daily and monthly statement, that the reader may

previous years, are as follows:

EXPORTS TO

Shipments

as

274.0 )0

Tnr 'i lie totals since January 1 in 18"3 have been revised.
The above totals for the week show that the movement from
the ports other than Bombay is 1,500 bales less than same
week last year.

Daily Crop Movement.
comparison of the port movement by weeks is not accurate,
the weeks in different years do not end on the same day of

Comparative Port Receipts and
—A

September, 1884, and previous years,

Total.

Continent.

on

constantly have before him the data for seeing the exact relative
movement* for the years named.
The movement during

Shipments since Janua/ry 1.

week.

have been

weights

shipments since January 1

the

611

CHRONICLE.

THE

1584.]

November 29,

11.844

117,569

5,819

83,678

This

Since

This

Since

week.

Sept. 1.

week.

Sept.. 1.

week,

1,111

163

5,999

4,888 1

533

5.82

j

1,005

18,590

i

Mobile
Florida
So.

Carolina..;

6,592)

55,9291

9,922 j

No. Carolina..

{

Virgin**
North’n ports

8,3 77 j

72,73(31

48(31

......!

Tennessee,

Foreign

j

This year...i
T H.ct vp

rr...!

67 i

2.749

22.813

2111

3,553

12,577|

5.259

24,286
42,057

<

j Since
i

Sept. I.

l.llOj 29,483
600 j

80(1

533;

13,042

873j

6,298

9,0 *2

5,582

40,019

9 00

1,200

1,803

2 109

30 428

9,938

100,443

?.->'30

37,1 5 *

7 AO*>

jo* .007

31->

1.832

41,30*3! 442,443 13,573
27.957

Baltimore.
This

4*39.0

>3’

16 4:”.

113 5

Hj
117.0'‘I

612

THE

CHRONICLE

Shipping News.—The exports

of cotton from the United
week, as per latest mail returns, have reached
206,093 bales. So far as the Southern ports are concerned, these
are the same exports reported by
telegraph, and published in
the Chronicle last Friday.
With regard to New York we
include the manifests of all vessels cleared up to Thursday
night of this week.

[VOL. XXXIX,

Caspian,

steamer (Br.), from Baltimore, arrived at Liverpool Nov. 27.
The captain reported that a lire originated in the hold am
mg the
cotton. When it was discovered the hatches were closed and
kept
shut.
Upon the arrival of the ve:-sel at its dock the lire brigade
filled tne compartment which contained the
burning cotton with
water, the weight of which gave the steamer a
heavy list. The
lire was confined to the hold where it started.

States the past

Cotton

freights the past week have been
Satur.

Total baits.

New

Mon.

follows:

as

Tues.

Wednes

7;j2*

732*

Thurs.

Fri.

York—To

Liverpool, per steamers Alaska, 1,303
Anrania, Si 1
City of Chester, 1.1-'>7
City of Chicago.
1,072
England, 050
Humboldt, 010
Vail Dyck,

Liverpool, steam d. 1364"732* 1364“73»:*
Do

1,210

7,137
3,075
1,207

To Hull, per steamer Martello, 3,075.
To Havre, per steamer St. Laurent, 1 ,‘.0 7. i
To Bremen, per steamers General Werde.r. 540
To Ilambuiv, per steamers Polaria, 1,078
.

Wei ra, 400

010

Hermann, 1,417

Noordland, 1,903

Professor.

*.

72
50

5,725

6,027

Red Sea, 8,317
per ship Annie Gmuley, 3,0s‘2
3G14.6
To Havre, per steamer Alexander Bixio, 4,381
per hark
Bertha, 4,018
8,390
To firemen, per steamer Viceroy, 5.810
.•
5,810

To
To

llambmy, pel steamer Rcmemhrar.ee, 9d8
Keval, per steamer Monarch. 5.700
Mobile—To Liverpool, per hark Palermo. 2,479
Charleston—I o Liverpool, per steamer Border Chieftain, 8,850
Upland
per barks Ellil'sif, 1,225 Upland
Rex, 1,600
Upland and 31 Sea Island
Uoycroi'r, 1,7 00 Upland and
41 Sea Island
Sagona, 2,600 Upland and 40Sea Island.
To Havre, per bark Syttendi Mai, 1,500
To Brenun, per steamer Orsino, 5,295
To Amsterdam, per brig Der Pitimuer, 771
To Sebastopol, per steamer Cairnsmnir, 4.450
To Barcelona, per bark Joselino, 1,5.80
Savannah—To Liverpool, per steamers Finsbury, 4,939
North
Durham, 5,210
St. Bernhard, 5.845
per barks Gari¬
baldi,
....Tonio,
To'Havre, per steamer River Avon, 2,619
To Keval, per steamers Brinkburn, 4,950
Ripon City,
5,45 1
;.
To Gotten burg, per steamer Richmond., 3 200
To Barcelona, per steamer Blagdon, 5,402
To Oporto, per bark Lydia, 100
To Genoa, po,r balk Alphonse (t Maria, No. 2. 1,9 00
Galveston—To Liverpool, per steamers Acacia, 4,194
Duch¬
ess, 4,426
Si’oceo, 5,127
per bark North Star, 2,183.
To Havre, per hark Sapliir. 1,510

sail

068

5,700
2,179

....

7lb*

7ie*

c.

sail

c.

....

Do

sail

Do

55 j

....

....

•

V

V

V

....

....

30

38'

....

55t

716*
V

.

I

....

38^

-

c

Genoa, steaut
c.\
Trieste, steam...c.j
Antwerp, steam..c.\

51oS33'
O.,o*

...4

9; O*
916*

9;2*

38*

'V

l«Vi*

l»f4*

.

.

„

.

j
J

....

.

551

O

«

....

R1C s3@‘

....

....

r~i

551

....

°,2V
9
if,*
V

Compressed.

r3

....

5:t.

O30 S- 3o* L>2 S 3g'

Bared ana,steam, e.j

’

....

....

....

d.

sail.

7r>2*

1

•

j

...

sailh.c.

Rcval, steam

•

ci
....

Amst’d’w, steam.c.
Do

.«

71S*

....

c.

—

•

71«*

Hamburg, steam.c.

4,303

To Copenhagen, per steamer llekla, 72
To Windsor, N. 8.. per schooner Phoenix, 50
New Orleans—To Liverpool, per steamers Hugo,

Niceto, 5,500
Yucatan, 0,895

Do

c.

....

Bremen, steam..c.
Do

3,180
Ruytcr, 983

Havre, steam

Silesia, 1,130

....Westphalia, OGO

To Antwerp, per steamer Be

sail...rf.

....

932*
910*

3

910*

a
a

r,8'

'

J

V

;

316-13. 4*

t Per 100 lbs.

Liverpool.—By cable from Liverpool,
11,037
1,560

5,295

5ve have the following
sales, stocks, &c., at that port. We
previous weeks for comparison.

statement of the week’s
add

771

4.150
l .5.-O

19,194
2,019

10,103
8,200
5,402
loo

1,900
16,230
1 510

To

Bremen, per st*. am.er Knnrwater, 4,188
To Vera Cruz, per sti inner Whitney, 851
Wilmington—To Liverpool, per bark Ilestia, 2,073

1.488
35 4

2,07s
1.0 0

To Bremen, per bulk Nordenskjoid, 1,630
Norfolk—To Liverpool, per steamer Accemae, 7,1 12....per
barks Richard Hutchinson, 2,832
S. J. Bcgarr, 2,944
Veronica, 4,213
17,131
Newport News—To Liverpool, per steamer Trant
Gwyuant,
4.OS l
4,Cs 4
Baltimore—'To Liverpool, per steamer Halt mere, 3,177
9,177
To Bremen, per steamer llei maim, ! ,061
1 ,, <;i
Boston—To Liverpool, per sr camel s Cephalonia, 114
?,Ii
soul i, 2,^07
Roman, 2,27 l
5,552
Philadelphia—To Liverpool, per steamer Brui.-li Prince, 1.1 so.
l.i-o

Xov. 7.
Sales of the week
'.bales.
of wlii' li exporters took
Of which speculators took..
Sales American
Actual export
Forwarded
Total stock—Estimated
Of which American—Estim’d
Total import of the week
Of which American
Amount alloar
Of which American

Xov. 14

‘-a

71.00i

70,000

7,OCR
1,000
49.000
12,000
20,000

8.000

c ITS

28,000

Xov. 29.

C 3.000
7.G00
5.000

69,000

37,000

37,000

13.900
41.000

8,000
24,000

S.OtK
47,000
9,000

Ij -j

6,000
7.000

4 37.000

■1 tt,00(

220,000

423,000

210,000

430,000

228,000

71,000
44,000

247,000

103,004

84,000

*93,000

89.00C
219,000

68.000

78,000
202,000
240,000

.

215,000
190,000

278.000
257,0 00

201.000

The tone of the

Liverpool market for spots and futures each
day of the week ending Nov. 28, and the daily closing, prices
of spot cotton, have been as follows:
'

—

Spot.

„

The

form,

200,093

,

particulars of these shipments,
are as

arranged in our usual

follows:

I. i rer-

36,: 40
2.19 7
1 1.087

19,19 J
10.230
Wilmington
2,078
Norl’ol i<
17.1'i
J,L3 [
Newport N.
Bobicm
3.17 V
Baltimore..
5.5 5 2
1,1 SO
Philadeip’a
.

Total.. i 20,075
.

Hr II.
3.075
......

.

.

....

......

......

......

......

0

4.150

1,5-u

-.13,003

5.902

2 l 1U3
4 2.8 1 8

4.1 -8
L030

•

......

771

2.019

1,510

Total.
2'i.27; i
57.923
2, 479

......

......

......

23.5-2

......

3.114
1 7.1 3 1
1.8s I

......

3,06.1

......

ia.

1,9-jo b.ilo

20- Sit

inner

Mount

Edgecombe,

4,500.
For Vera Cruz -Nov. 24—Steamer Harlan, 425.
New Orleans—For Liverpool-Nov. 21—Steamer Emiliano, 1.250
Nov 22—Steamer Andean, 1,590
Nov. 20—steamer Austuriano.
4,2 0.
For Ilaxre—Nov. 22—Steamers Cilurnum, 5,014; Rhosim. 6.715.
For Biemeu—Xov. 21 — Sleamei Sapphire, 5.808....Nov. 2
L—Steamer
Top (b>, 5,570.
For Gmioa—Nov. 21—-Steamer Digram, 2.775.
SAVANN mi—For Bremen—Nov. 25 — Steamer Klvdo, 4,200.
Cu Vitus ton—For Liverpool- Nov. 2.5 — Park Ilafrs'.jord, l,4do.
For Bremen—Xov. 21— Steamer Parthian, 3,815.
For 1) treclona — N0\. 20—Bark Aeolus,
Wii.MiNo ton — For Luerponl—Nov. ‘25--Steauu r
Invernay, 3,820
Nov.VO
La k Godellroy. 1,840.
’
Norfolk —For Liverpool—Nov. 25-Bark Cedar Croft, 3,800.
Nov. vO—Si earner Preston, 7.017.
West Point - For Liverpool—X. v. 20 — Sicamer
C'anonbnry, 4,117.
Boston—For Liverpool —Nov. 21—steamer Venetian,
l,S0.j
now 25 —
S'raincr Iov a.
.

.

.

.

Baltimore—For Liverpool—Nov. 24—Steamer Nova
S.-otian, 1.642.
For Bternen— Nov. 20—Steamer Brauns- liweig, 1.050.
Pint a 1»e 1 nil ' — For Li\erpool- Nov. 25—Steamer Illinois,
.

Antvveip — Nov. 25—Steamer Switzerland,
B< low we give all news received to date of disasters to vessels
or

.

carrying cotton from United States ports, &c.:




12 090

Th

llardeii’g. il.trden'g.

Friday

Steady.

Quiet.

9101 (J

1

534

nrsd'y

°lj16

51'he
5i3n:

12.009

51 ho
12.099

12 090

12 000

2,000

2,000

2,0C0

2.090

10,000
2,000

Easy.

Steady.

:>,V00

513in

...

Fu laics

Marl:et,

?

r.M.

(

'SI 0:14 v* at
2 Ut i b;11160.

steady.

Slecaly.

Finn.

(luil't

Fla * •-(.

Firm.

1-T4 (I

•-

eh ue.

Steady.

-

Ra rel y

Quiet.

Rarely
steady.

steady.

The

opening,” highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless

otherwise stated.
yJ The prices arc
’

5 02-0 If/., and 0 03
Sa:.

N

y ire 11

IJ X'
Lit

w

in pence and 0Ithdirts:

5 62

means

0 3-0 IP.

menus

+

31

v»

oik.

:>

OX',

|I

2 1.

Txsch,, Nov, 2>.

1

open

5,074 23,753

7,082 200,093
from New York to Copenhagen, 72

Seb.isTopol—Nov.

5-h

5’*°is

Spec. A exp.

LAW)

3,075 15,205 22,793

534

5‘um

Wednes.

•*

athl the clearances this week of vessels
cany in.2
cotton from United States ports, bringing our data down to
the latest dates:

1

.

Quiet.

^

■.

we

Galveston—For

.

«

Included in the nb ve totals are
bates and to \\ iudsor, 50 bales; from Savannah to Gen
from Galveston to Vera Cruz. 354 bales.

Below

Sale^

Market, !
5 p. M.
(

Atnsftr- Sd/tts- Barerdam
ha n! d) U>na
d Hum- A A nl- (infant- a.t.d
Havre,
bur !,
vnrp. hurt/. Oporto.
1o7
-4,1 3 5 4 ,3 3
■8,329 0,1 1 J
5,7o0

5.295

...»

Slcruly.

J

Bremen

pr.nl.
7. 137

(

i».m. 4

Mid. Upl’ds
Mid. Orl’ns.

12:39

Ber-.d,

New York.
N. Orleans.
Mobile
Ch arlefiton.
Savannah..
Galveston

Market,
12:30

Tuesday.

November..

Lou.'.

\cns.

d.

d.

rl.

d.

5 17

5 i?

5 17

5 17

'Open High

TjDK’.

d.

d.

5 U

5 45

5 it

f-y

C7m.j

'

i!

d.

:pcr. High
d.

Line.

d.

d.

5 45 ; i -5 1«3

5 49

5 4r^

Clos.
d

5 49

*n

5-17

5 17

5 -11

0

5 4 l

5 45

5 49

5 4W

5 19

5 17

5-17

5 17

5 17

5 U

|

5 19

i)ec.- bin....

5 15

5 44

5 45

;

5 49

5 49

5 49

5 49

Jan.-Feb—

i

is;
;

5 5:

5 52

5 - 2

5 52

5 '5

5 57

5 o'»

5 5)

i

5 3U

5 53

5 51)

5 59

-ij

Sex.-DcC..

or

5 5d

5 5 )

5 5)

5 59

L

4

5 is

5 17

5

Feb.-March. 5 .'3

5 53

5 53

5

53;

5 5‘i

5 51

55)

5 51

March-Apr.
A pril-May..

O <50

5 06

551

0

5 "->

]

O

•

5 51

5 5

5 54

CO

5 60

May- June..

0

June-July..
I uly-A ug...

•

5 50

j

'

5 60:

\j

31

5 7S

557

5 5.S

5 92

5 t»2

5 62

5 03

‘O

j' t >

5 63

|

5 i'2

03

5 61

5 61

5 61

5 61 ;

6 01

6 12

6

01

6 02

5 03

CC-3

6C3

6 Li

6 (0

6 (>!

6 CO

6 Cl

6 L-5

0 05

6 05

6 05

j

....

j

!i
j

...

\ ug.-Sopt...

SepL-Oet...

O

...

....

....

c

....

....1

”

-1

....

"'I i

....

.

..

....

■"*

!

Nov

.

*><».

Thins,, Nov. Z7.

Frl„ Nov. 2S.
1

i Oppn

r
Clos.
Open IH<jh Lou\

<1.

d.

November..

5 IS, 5 49

Noy.-Dec...

5 IS

Oec.-Jan....

5 JS

Jan.-Feb

5 52

,1.

d.

:

nigh Low.

Clnsd

j Open! High1 Low.

Clos.

1

d.

d.

d.

5 46

5 44

5 14

!

1

d.

d.

d.

5 44 :

1

5 47

5 47

5 47

5 47

d.

<L

5 4S

5 1

549

5 4S

5 49

5 16

5 14

5 16

5 44

5 47

5 47

5 47

5 47

5 49

5 4S

5 43

5 46

5 44

5 44

5 46

5 47

5 4?

5 47

5 47

5 52

5 52

5 52

5 49

5 49

5 49

5 49 :

5 49

5 5)

5 43

5 50

0 L/J

5 03

5 55

5 55

5 52

5 52

5

^

5 52(

5 52

5 53

5 52

5 53

March-Apr. 5 53
A pril-May.. 5 in
May-June.. tj 01
J une- J uly.. (> 05
July-Aug...
A ug.-Sept...
Sept.-Get..

5 59

5 53

5 5a

5 55

5 55

5 55

5 5“.

5 53. 5 54

5 50

...

Feb.-March.

■

5 i‘2

5 61

5 62

6 02

9 01

6 02

(3 06

6 05

6 06

1

j
:

i

5 59

0

u9

5 59

5 59

5 54

5 59

5 59

5 62

5 62

5 62

5 62 1

5 62

5 63

5 62

5 63

6 02

6 03

6 02

6 02

6 02

0 02

6 02

6 02

...-1

j

...

•

••

....

#

*

*

j
j

*

i
.

l

t

5 55 ;
5 59

i

Total

Saturday Monday.

.

.

.

j

....

....

....

....

November 29, 1884.J

THE CHRONICLE.

BREADSTUFFS.
Friday, P. M

The flour market has been
shown

active and prices have

more

Dealers have accumulated stocks

cenfklence, not having before them the fear of a
reduction in prices to still lower
depths. Still, nothing of a
speculative character lias been developed, and
wheat flour have ruled
has favored
are

still made.

firm, with

buyers to such

an

Rye flour and buck¬

fair trade

a

;

but

corn

meal

273,000

Same wk. ’S3
Same wk. V;2

3.053,030

250,935
257,393

2,430.029

Since July 23
1SSI

prices

not maintained.

Oats.

Barley.

Rye.

890,038

Tot. wk. ’SI

1,708,834
2.151,83.2
1,784,102

1,034,773

1,044,394
1,407.734
382,000

1883

095.190

87,904

094,320

231,595
91,394

400 997

3.0S9.9D5 57,334,318 29.521,700 20,305,737
3.470,480 40 919,032 42,023.030 20,S'5,735
3.401,629 43.591,571 21.833.330 20.443,755

18S3

extent that late outside

Corn.

....

complaints of

are

Wheat.

..

more

unsatisfactory returns

Flour.

Ebl*.\9m* Bush.&dlbs Bush.5(Mbs Bush. 32
lbs Bush AS lbs ■ Bush.56 lbs
Chicago .....
140,439
983,307
1,133,520
021,953
233,310
53,232
Milwaukee..
09.915
193.389
22.509
4 4.930
197,033
7,780
Toledo
2,483
453,678
91,317
5,204
40,503
8,184
Detroit
2,899
127,474
22,712
10,470
15,103
302
Cleveland.
4,094
63.583
27,400
20,030
19,797
St. Louis
29,070
322,967
138,205
121,233
127.785
7,906
Peoria
1,180
3,209
331,030
203,510
9,000
8,500
Duluth
27,899

slight upward tendency, due mainly to the
stronger

a

turn of the wheat market.

with

Receipts at—

November 28,188A.

,

(>I3

7,111,093
8,500.93:2

0,275,937

2,957,002
4,347,074
1,950,944

volume of speculative

The comparative
shipments of flour and grain from the same
ports from Dec. 21, 1SS3, to Nov.
22, 1881, inclusive, for four
years, show as follows:

in

Fiour

to

a

considerable increase in the

dealings, and the upward turn of prices,
movement at Chicago, which was referred

sympathy with a
in our last, has been maintained

with

vigor.

some

Yet

fluctuations must bo noted, and the advance for the week
was
by no means grea\ The change is more in the improved tone
than in the higher pric?s. The market seems
to be in a some¬
what anomalous position, which
protects it in some degree
from speculative
manipulation. The bulk of stock on hand
seems to be held
by small holders. A sharp decline does not
^

disturb them

sufficiently to

cause much

unloading,”

nor

does

moderate advance promote free sales to
realize. Conse¬
quently speculative influences, which at times are found
a

potent, have very little effect just now. The
export and mill¬
ing demands have been very fair, and choice reds have
advanced.
To-day the opening was weak, owing to the
posting” of a few loads as unsound, and the regular trade
was dull,
owing in part to the scarcity and high rates of
ocean
freights, but futures recovered at the close.

10,725,100

bush.

<

6 2.579,405
7 (» 107,98 L

Harley
Pyo

40,150,874
5,078,053*
5,873,3 40

Wheat’
’orn
Oats

Total grain

F RICES OF NO.

Alloat
December

delivery

January delivery
February delivery
March delivery
A"i-il delivery
May delivery
Indian corn has also

2 RED WINTER WHEAT.

Sat.
°2}a
8IUs
8 b'V,
85rVi

Tues.

S7r,a

H 3 93

IVed.
81iy
8 1 ’-3
83 gs
HiHS

85

82t3
SL’A}
86r,S

9o"-j

01 :e

v l

impre

le

31‘h
8 1 i.i
H'.ihl

o

83

*—1

9e:U
92 k.

during the

review.

87

week

u

nder

There has been considerable
speculative activity and
a
very good trade in the regular way, with a general increase
of confidence in the
stability of values. The close of the
canals of this State in the
coming week will relieve the mar¬
ket at once of pressure to sell current
receipts. The

however, is as yet unimportant.
activity, but an irregular closing.

To-day there

Flour

CI.OUNO FRICKS or N:>. 2 WINED

Wheat
Corn....

Aiiaat
December

delivery
January delivery

FebrnaVy

di livtry

March delivery

May deiivciy

Harley
live.

Total

Wintershipb’gextrug.

Ked winter, No. 2
Red winter

70

White

Corn—West,

mixed
West. mix. No. 2.
West, white
White Southern..
Yellow Southern.

S 1

4 i.

a
'ch
tf

39
50

a

i

>

it

50

(t

48

©

395,501

460.36:;

562,500

807,622
560,006

141,03 >
53,100

2,400,118

2 127 202

end in a—

bbls.

86,309

181.181

227.772
780,882
171,425
130,333

13.556

40,853

2,071,623

1,351,275.

975,018

47,050

1881,
Week
Xov. 26.

ports for last four

same

Oats,

Barley,

bush..

bush..

1,797,708

1,2-15.311
1,119,47.1

1.77-1,001

847.49-5
1,793 017
997.728
2,074,755 1,209,293

Tor., -4

0,797.307
4,350.503

0,232.870 3 833.059
803,01 l
0.815,129 1,380,018 1,839.474

1,603.222
1,857,230

1332,200
LWks’83.1 150,393
TV.

bush.
77 2.7J 8

Bye,

trash.
197.298
183.088
201,935

bush

113.175
111.870
234.324
103,203

221,033

39 1.040

419,521

The receipts of flour and
grain at the seaboard ports for the
week ended Nov. 22 follow:
Fiour,
Wheat,
Corn,
Oct-e,
Harley.
A t—
Bye.
nbls.
b u ::h.

New York
i> retail

105, 470 1,119.021
00,501

Pa-Maud

7.8,150

bash.
88*2.772

30 8

950

07,303
28 00 J.

25,256

30,3< o
1 5's,55«)
2 40,003

uu sn.
bash.
■181 .‘200 9.18.375
88 : IN.)
10,200

)

9,600

,772

9 3, non

00 .4 > »

17,07 4

38 ,12)

1

7,817

;; .350

400

1

3,0 20

•r)

S

bush.

71,850

1,060

25,022
01,200

21,813

>

......

(»8 5 .110 41 4.797
97.603
35 1,,3.5 3 ('3,550T 71,058

-17 p
1 'Ay
L5J.j
l'Sp

47:'t
45-Xj

4s 3
47rd
4-VH
-30
4046

S'

The total receipts at the same
ports for the perio 1 from Dec,
21, ISSd, to Nov. 22, 1331, compare as follows for four
years:

7-

FiOur

.bblp.

4

g

Wh' at
Corn
Oats

bush.,05,79 ),301

•

1 ) ’j
45 vj

>

40 tr

-t•»
4>As

Thar.?.'

1 883-8 t.

.

a 00
3
( 0

j

8 70
d
50

S mthrni

8 7 >
4 r.O
5 .70
7
70
30
4 ."<>
4 30

>a:rers' aa,.

superfine..

Wer.tern, Ac.,

.

j

Brand vwinm An
I-lucIc wheat Horn*

iOOlb.-j.

31 (103
3 bO T

7 70
s

"8
si
8
90
ss

:

;
i3

3 10©
3 87 3

3 J0
8 4 )

2<*03

2

*
31

Dfll'lCV
X. Cuflililvl.
No. 2 Canada
7. >
State, two-rowed
00
State, six-rowed
70

i

|

85,825,217
9^,322,(590
25,18 9,119

17U.7Ul.8i9

1,771.101

1,325,0 11
1 1 1.1

1,939.313

47,11.9

210,329,772

ports for the week
annexe;! statement:

Fr parts
Irani

—

New York
Huston.
Pert 'anil.
31 out real.
I’hiIn lei,.
Ual i im’rc
N. < )iTns.
N. News.

TT/icah
Fash.
520 338
519

Corn.

Hour.

Bush.
321,4 37
! _H,c4 i

120,91 I
137,8 70
177,510

1

)

On !s.

Pccis.

F.bts.
8 1,5:5 2
39,550

Bush.
641

18,108

17.861

Bush.
2

*,700

1,370

1.366

25.500
9

Bush.

1,0 76

15,5"8

•J.7i 4

72,220
-

u.

2 8,0 JO

32

Total w’le
,S’ine tine.
1883,

0)
0s

001,151

510,239

133,29

t

18,502

30,756

73,596

672.023

501,550

IS 8.1 61

3,918

102.743

152.895

The destination of these
exports is as below. Wo add the
corresponding period of las ■: year foi comparison:

88

51
7)'}
51

©
©
©

821 l4 «
33
fit*
38
a>
82
&

Uuckwheac

I)

80,030,(J8 L29, 170.333
25.79i»,7 I 4
3,‘<72,1 17

The exooris from the several
seahoar-l
*ndin
Nov.
1881, are shewn in the

..

White
No. 2 mixed
No. 2 white

11,030.231

1

M
f'

<r:ivu

7 '9. s 9 ~, .717

Is 80-81

3-bvb; >

yr

00

Oats— Mixed

>

38,287,3 >3

...1 13 8 71.719

...

1331 -S3.
11

e»

29,071,19(5
1,11 I 20 !
5.032.7 .0

,

Total

2,59S, -5

2,137,731
80.478,4.99
17.232
5,1 (jo, 183

Unity
Ltyo

1 ‘-?82-8S».
1

4

..

famiiy brands

j i£yy flour,

4 90

12,193,591

©

©

©
©

o

Flour.

^

"(50
8(i

Wheat.

O orn.

Exports
for ine/c.

to

-

1834.

1883.

1834.

Week,

Week,

Week.

Xor.

80
03
73

The movement of breadstuffs to market is
indicated in the
statements below, prepared by us from the
figures
of the New
York Produce Exchange. We first
the receipts at Wester 7
give
lake and river ports, arranged so as to
present'the compara¬
tive movement for the week
ending
Nov.
23 and since Aug. 1
for each of the last three
years;




555,22 »
1,006.932
713,70 )
105,208

1882.
Week
Xor. 25.
2 40,80 4

f»t)--q

!

Spring No. 2

221,476

,

1883.
Wee ft
Xol\ 24.
19 3,5 16

Wed.

Uvc—'Western
rt
£

100.172,502

r«iUn

Wheat—
70
79

155.523,630

4 217.257
2, i 60,206

Tar:.

GRAIN.

Spring,per bush.

205,536,260

3:.l). 2,229

.-()

2 70
30 w
00 w
8 00to
3 .'>()
.30 ft
3
^
d 09
00a,
4 09 rf
4 503
50 (i
4 003
00 >3
3 27
25 3
k
8

Winter X X
Patents
City sininingex
South’ll siiip’g extras.

5,570,516

1.661,000
3,000.030

Mon.

12 23
p 1>M. $2
25 y/.
j 2 73
77
exme.

33,700,078

8,705.745

Tot a! wo e-f:.. 38 1.070 1,044,114 1 ,40).o ;o
Car. week ’83.. 350,
*3
857,30 4
017.010

fi.on a.

Spiiug wheat

4 (T,582,000
•0'>,220,810

Bui.
no

15;a

M inn. clear and stra’t.

51,740.821
62.303,420

1880-81.

Nov.22.. 338,238
Nov.13
800.890
Nov. 8.. 823,239
Nov. 1
808.881

vaia more

.

Supertiuc

1,581,716

4

The rail and lake
shipments from
weeks were:
Week
Flour,
Wheat,
Corn,

New Orion's...

Rye and barley have been (pilot and clos:
Oats were somewhat depressed
early in. the week, but a revi¬
val of speculation followed and better
prices were maintained.
A feature of the future
dealings was the sales for May deliv¬
ery at die. To-day the market was irregular; white oats
were
firmer, but mixed dull, closing -with 2m. 2 at
dt:qVg»2e. for
Dec. and dtc'2. for May.
The following arc closing quotations:
Fine

bash.

.

.

advance,

ORN.

<

bbla.

M. ;rureal
1’ ;ihole!phi a...
Ihxbimore
N • * w p ’ t A e. v>- s..

e

DAir.V

8,022,149

1SP4.
Wee A:
ATor. 22.

c

.

90
92

'a

Fri.

‘

1881-82.

7,153,500

00,822,123
46,705.16 l

108,700,558

.

TJiurs.

1882-83.

8,700,285

ports for four years:

“

DAILY CLOSIN'.!

1883-8 4.

bblg.

!

The wheat market has shown

22.

Xor. 21.

PMs.

7Ib/s.

Un.King.

100,216

Coin in’n t
S A ( '. Am
\V. Indies
Hrit. col’s

16.687

120,970
1" ,7 7v>

10,780

21.407

13.220
2 4,052

15 069
1 1,036

Otli.c’n’ts

For. 22.

Bush.

305,835
023,304

1383.
Week.
For.

1334.

Week,

2 1.

Bash.
573 01

For. 2 2.
Bush.
375.995
157,347
4,299
2,62*)

3

99,505

........

16

1 83.204

1S8.10 \

901,15 I

Week,
Xov. 24.

Bush.

441,669
8,364
45.952

4,005

28

1.203

1,566

1

Total...

1883.

6 72.9 53

5 19.289

501.556

THE CHRONICLE.

614

By adding this week’s movement to our previous totals we
of exports since September 1,

have the following statement
this season and last season:

£7 rvorts since

A.ug. 25. to—

Aug. 27 to
N.V. 24.

Nov. 22.

Bbls.

Bbl*.

1884.'

1S83.

1884.

1883.

IS84.

Aug. 25 to

Corn.

Wheat.

Flour.

Nov. 22.

Nov. 24.

Nov. 22.

Nov. 24.

Bush.

Bush.

Bush.

Bush.

9,315,393
2,490,897

375

2,736,038
003,0.88
225,1 f8

16,583

91,541

134,139

131

10

24,594

13,437

600

8,174

60,839
103,526

1,344,020

1,409.920

8,397.316

7,976,558

156,316

87.714

9,437.094

5,214,723

& C. Am.,.

174,774

148.035

West Indies.

221.968

217,456

I*-it. Col’nles

223.826

Och. countr’e

8,762

207,071
9,136

2,132,275

2.079,332

S

Total.

..

29,254

17.877.232

•ports, and in transit by rail

follows:

13,208,849

Milwaukee
Duluth
Toledo
’Detroit

Oats,

Barley,

Bye

bush

bush

Boston

396,66o

7,000
140,060

1,045.339

------

63,000

137.200

13,090

12,090
294,786

2s3,000
104,148

28,000
24,966

2,141

47,541

Peoria

135.951
56.725

140.870

10,597

i:o

13,412
529

1.788

14,164

473,359
151.820
67.221

537,229

8,726

13.765
16,73^

9.832

810

-109.201
4

139,153

430

7,18 4

24,158

2,868

3,488

2 835

666,410
7,101
124,900

78,:’ 6 1
43.755
12.1 < 0

106.813
125.716

880,121

64,870
95,039

4,568

1.473

10,001
11,670
570,967

46,306
30,402

99,189

180,909

5 C 2,719

1,137,481

Baltimore
D >wr. Mississippi.
On rail
On lake
On canal

9,134

20.831

70,639
16,818

278.016

Indianapolis
Kansas ( ity

642,913
1,837,3* 9
707,676

2.397
990 762
213.26 k

204,720

4,700

105,600

47,9-0
36,823
171,631

698.146
4,226,497 3,4,82.1)72 2,446,919
7*0,0.' 8
4,325, • 18 8,177.714 2.180,710
8. -8 i, 165 5,987,660 3,271.227 2,3 13,< 56
4,679.511 3,197,843 3,351.0o5 1,159,29 4
19,816 281 20,634,050 2,912,156 3,339.027 1,399,090

38,178.939

Nov.22, '84.
Nhv.15, ,y4.

86.576.635
32.251 158
20,11 - .5 J 2

Nov.24. M3.
Nov.25 M2.
Tot. Nov 20, ’81.

THE

Price

Price

DRY

GOODS
Fin day,

TRADE.

P M

Business in the wholesale brandies

.

November 26, 1894.

of tlie trade

was com¬

....

....

Salts

3 20. Price
Sales 5,000 Sales

Price

Price

Sales

Sales 0,000 Sales

j

Quiet
steady.
Quiet

3

Price

but
steady.
„

3 20 Price

15j Price 3*23 Prico 3*35
3,000‘ Sales 1,000

Sales 4,000 Sales

8,000

.Holiday.
Quiet
Dull.

Friday....

Price

but

Total..

Thursday,

;

;

1,000'Sales

Sales

...

4,000

3*is;

Transferable Notices— Saturday,

day, 345

Priqe 3'20 Price

....

Sales

steady.

82,579
150,095

81,158
381,950

......

6,095
186,434

1

.■Philadelphia

VT -t.
T -t,
Tot.
T •

465,213 1,195,461

42,398

Cincinnati
'Toronto
■Montreal

Sales

and water, Nov. 22, 1884, was as
bush.

2,oi9,672

fit. Louis

Price

Sales

Quiet

Total.

January.

Price

but
stetuy.

the stocks in granary
at lake and seaboard

bush.

297.626
227.(‘58

4h>\ve<',u

December.

12,473,236

Corn,

2,500
2.086,000
8,815,173
316,007
1.799,250
1.922,022
2,.VO,l 89

Buffalo

8,691,613

bush.

10,057,380
863,327

^Chicago
Newport News...

EXCHANGE

£68 442

Wheat,
**

Albany

SALES OF FUTURES.
COTTON

but

The visible supply of grain, comprising
At the principal points of accumulation

In store at—
New York
Do
afloat (est.)

1883.

Aug. 27 to

Continent...

styles, &c., by leading jobbers, who also made liberal sales of
ginghams by means of very low prices.
Print Cloths.—The following shows the course of the
market during the week:

Aug. 25 to Aug. 27 to

Aug. 25 to

tJn. K'npdom

[Vol. XXXIX.

I

15,000

1,000

1,000

!20,000

Monday, 3*15; Tuesday, 3 20; Wednes¬

Friday. 345.

Domestic
Woolen Goods.—The main features of the
woolen goods market remain unchanged, and its general
condition is unsatisfactory.
Worsted coatings and suitings
were in fair demand, but spring cassimeres lacked animation
and dealings in heavy all-wool and cotton warp cassimeres
were
neither numerous nor important in the aggregate.
Some considerable lot3 of old light-weight clothing woolens

disposed of by

of low prices, but regular goods
a fair degree of firmness.
Indigo blue flannels were in moderate request, but prices for
the lower grades favor the buyer.
Ladies cloths, tricots and
Jersey cloths were taken in small parcels to a fair amount,
but cloakings were mostly quiet.
Satinets met with moderate
sales, but Kentucky jeans and doeskins ruled very quiet, and
there was a light movement in flannels and blankets from
agents’ hands, but shawls continued dull.
Fancy all-wool
and worsted dress goods were in steady, but limited request,
and plain worsted dress fabrics were generally quiet. Hosiery
and knit underwear ruled quiet in first hands, but a fair
distribution was made by leading jobbers.
were

of the best makes

means

held

are

with

Foreign Dry G >oi>3.—There

was

a

fair business in

few

a

specialties adapted to the coming holiday trade, but the gen¬
eral demand for imported fabrics was very light.
Handker¬
chiefs, la< es, embroideries, cloaks and fancy goods met with
a very fair distribution ; but silks and dress goods were mostly
quiet, and velvets, plush, velveteens and cloakings were only
in moderate request, while there was no movement of import¬
ance iu woolens, linen goods, white goods or hosiery.

paratively light the past week, owing partly to the interven¬
tion of the Thanksgiving holiday; but there was a continu¬
ation of the improved feeling lately developed in the market.
Importations of Ury C»oocls.
The demand at first hands was chiefly of the hand-to-mouth
The importations of dry goods at this port for the week
character usually witnessed at this time of year, but lower ending Nov. 27, 1884, and since January 1, and the same facts
for the corresponding periods are as follows:
prices enabled agents to effect some large sales of bleached
r-:
«s
‘-6
3
cottons, ginghams, &i\, and confidence has been so far restored
fT*
*6
that some very fair orders were placed for certain spring
c ^ rX % ®
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fabrics for future delivery.
s»; ; 3;
Holiday goods were distributed
»
3
s; ; .
iO
c.
: £
S
zi
;
3
c
©;
in liberal quantities by importers and jobbers—local and out2; : : ; S
3
3
I ; j 1 <5
:
: i
®; ®
;
of-town retailers having stocked up pretty freely with all
®: p. : »
5*
P
: ; ; : : T
3!
E;
; ; ; i • 7
descriptions of fancy goods,
The jobbing trade was
|
P
mostly quiet as regards transactions with buyers on the spot,
© ]
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but the order demand was of very fair dimensions, and m my
to
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of the orders were accompanied by more cheerful reports in
4w1
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regard to the business outlook. Stocks in the hands of job¬
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excellent shape, and the supply,of
domestic cottons and woolens now carried by manufacturers’

bers and retailers are in

agents is much
curtailment of

smaller than usual, because of the protracted
production by many Eastern and Southern mills.

X

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the week were 3,077 packages, including 2,025 to Great
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on
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©
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110,072 packages, against 127,310 for the same period in 1883,
to
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and 127,100 in 1882.
G--I
There was a continued irregular demand
oc c ©
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nr,
■was seasonably
quiet. Surplus stocks of brown sheetings
-1
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have been nearly elosed out by agents, and there was conCO
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dale, Hope, Blackstone, &c., which were marked down by
.agents to lower figures them ev:r before knoicn. Colored © to to to to 7* M to
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cottons ruled quiet, and there was a limited business in cotton
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were

in moderate demand, and closed firm at 3 3-10*,

plus 1 per c« nt bill anu 3)4**. asked for 04x0Is, and 2 13-10(2)
2;8o. for 50x00s. Prints were in meagre demand at first handsJJ
JLut more than an average business was d'ne in shirting




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