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HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATUa
[Entered according to act of Oongress, In the year 18S4, by Wm. B.
VOL.
NEW
39.
Dana & Co.,
In the office of the Librarian of CongrcM. Waahln^ton, D. O.l "^
YORK, NOVEMBER
^iuatuciat
^Ittatucial.
AMERICAIST;
ItDAlapKA l-'oundcd 1795.
Isuirerr.el usdcr L;^?;] of S:2t9 of Vsv 7ot^ ISE8.
Connected by private wire with main
DEALBK8
&
Alfred H. Smith
Printers op
BONDS, POSTAGE & REVENUE STAMPS,
LEGAL TENDER AND NATIONAL BANK
NOTES, of the UNITED STATES; and for
182 Broadway, Cor. John Street.
fliietit
and most
FROM
:oapu7.
SAFETY PAPERS.
Worlt Executed in Fireproof Buiidings.
LITHOCRAPHIC AND TYPE PRINTINS.
BAILWAY THKETS OF IMPKOVF.I> 8TTLE8.
Calendars.
>9bow Card., Lubels,
Cor. Third
8. ir.
H.
ALBERT G. COODALL, President.
VICK-PRESIDKNTS
A. D. SHEPARD,
J. MACDONOUGH,
TOURO ROBERTSON.
W. M. SMILLIE,
STAYNER. Treas.
THEO. H. FREEURD, Secty.
PoTTiB,
p.
I»re«t.
J.
W. Work. Cashier.
Maverick National Bank,
BOSTOX.
CAPITAL,
8IJKPL.ITS,
......
-
-
-
.....
$400,000
409,000
AoooanU of Banki and Bankers Bolldted.
CoUectlons made upon favurable terms.
Government Bonds boujtht and sold.
Tbomas
a. vrsii.
Member N.
w.
E. n.
vysk.
Y. Stock Exchange.
Sis.,
PniliADBLPHIA.
Private wire to
Simons
&
Chew,
STOCK BROKERS,
i
Ezcbanse Court & Sit Broad tvay,N.Y
Bonds and U. S. Qovemment
Bought and Sold on Commission.
Stocks,
Securities
Bktiblt chew.
Member M. T. Stock Exchange.
Member N. T. Produce ICxcbange.
R.
J.
&
Co.,
New
Seventeen Years' Membership In the
Stock Exchange.
ALrsED
WALSTON H. Brown.
Uebbxrt
B.
York.
New York
Gilder & Farr,
& 33 BROAD ST., NEW YORK.
Bbown.
BANKERS,
Members New York and Chicago Stock JCxchanges
also
2
EXCHANGE COURT,
New York.
20
TROY,
Opposite Stock Exchange.
N. Y., 14
&
15
HALL BUILDINQ
Private Wire to Troj.
Securities carried on oumla. interest paid on bal'nocs
&
Holt,
BANKERS,
No. 10
WALL STREET, NEW YORK.
a GENERAL BANKING business.
received and INTEREST allowed on
TRANSACT
DEPOSITS
balances.
Buy and sell GOVERNMENT, MUNICIPAL
RAILROAD Bonds.
and
O. S.
TAINTOR.
G. D.
GEO. n. nOLT.
L'HUILIER.
W. M.
Earl,
MEMBER NEW YORK STOCK EXCHANGE,
BANKER AND BROKER,
65
TO
69
DREXEL BUILDING,
Neir York.
STOCKS AND BONDS BOUGHT AND SOLD
STRICTLY ON COMMISSION.
Fred. H. Smith,
BROAD ST., NEW YORK.
STOCKS, BONDS AND PETROLEUM
Bought. Sold, and Carried on Margins.
BROAD STREET, NEIV YORK.
all
F. TI.
S.
twenty
unquoted s**
railroads for past
years. Parties desiring to buy or sell
curitles will do well to communicate.
Smith, Members N. Y. Mining. Stock ft Natlunai Petroleum Exchange.
i
W. Smith. {
Hamilton
&
Bishop,
PINE STREET, NEW YORK.
New York Stook
BANKER.S AND BROKERS,
No. as
(Members
Kxebanga.)
DEALERS IN
Aeoonnta of Banks, Banken and other* reeelTed.
strictly CnmmleilOB
Interest allowed on-Balanoas.
Business In the purchase and sale of stocks and boadto.
Private Telegraph Wire to Albany. Troy, Byraaaee,
Utlca,
BuSalo,
Cleveland
Rochester,
and Chlcaa*
Draw on CItjr Bank of London In amounts to sett.
Special attention given to Securiiles tor InTestment.
INVESTMENT SECURITIES.
Jameson, Smith&Cotting
J.
Mahoney
F.
No. 15 WTALI.
FTSKBT C. TiWEiK. Member N. T. Stock Bzalu
KBNB8KI.AXB WB8TON.
STOCK BROKER.
Lansdale Boardman,
NEW YORK, SO BROADWAY A 5 NEW 8T
Exchange.
Stocks, Bonds and Miscellaneous Securitlee.
Correspondence Solicited.
Quotations cheerfully fomlsbad.
BANKERS AND BROKERS,
No.
Taintor
BANKERS,
Special
WESTON,
New York Mining Stock
Rolston & Bass,
Securities carried on
Governtuent Bonds and other Investment
dc
-
Intimate knowledge of
BANKERS AND BROKERS.
TINKER
panles.
No. 30
NO. 30 NASSAU STREET,
NEW YORK.
Interest paid on Balances.
Securities boui;t)t and atjid on ctimmisson.
-auentlun to orders by mall or telegraph.
But and sell on commission all classes of Stocks
and Bonds, for cash or on martcln.
Agents for Bunks, Bankers and HaUroad Com*
LoimsBiBT.
FREn. A. Bbows.
P.
BUOADWAT.
Members N.Y. Stock Exchange.
DEALERS IN FIRST-CLASH INVESTMENT
BANKER3 AND BROKERS,
ROBEBT J. Kimball.
Co.,
Private telegraph wires to Providence and Boston.
Kimball
No. 18 Wall Street,
&
B. Hollins
BANKERS AND BROKERS.
InTeetment Securiiles.
New York. Rultlmore and other places
5G Broiidway & 7 Exchange Court, N. V.
Branch Offlco at the Everett Iluuse, Union Square
and 17th Street.
IMarfiln.
H.
Frank CJIoixiNi.
KA.YzxAaA.
H-B.Uollins.
SECURITIES
Vyse & Son,
BANKKRS AND BROKERS, Walston H. Brown & Bros
31
Mew
74
and Chestnut
JAB. D. SrMONS,
Aba.
Co.,
Deposits recelTOd sabjeot to check at slfirht, and
Interest allowed on daUr balances.
Stocks, Bonds, Ac., bought and sold on commission In
Philadelphia and other dtles
Particular attention Riven to Information reffardlng
:
S.
&
H. Taylor
L.
VUiNK BOOKS OP EVEBT DESCETPTION.
~
But snd Sell on Commission, for CHsh or on mar*
gin. all securities dealt in at tbe
York 8tOdl
iczchanfie.
Interest allowed on dally balances.
z
BANEBRS.
STEEI, PLATES,
spocial
SAFETY COLORS.
Members N. T, and Philadelphia Stock Exchangee
artistic style
tiltzauit to pierent C0UlfTESmiQT9.
Special papers Duufsctcrei cxclusiToly foi use of the
mth
New
All deposU-s subject to check at slfrht.
Particular attention to orders by mail or t^tgrtpb*
ForelKn Governments.
In the
ofllcc,
IN
Co., FIRST-CLASS INVESTIHENTS.
IMPORTERS,
ENGRAVING AND PHINTIXG,
HANK NOTKS, SHARE CERTIFICATES,
GOVERNMENTS AND
1U»1>S FOR
CORPORATIONS, KRAFTS, CHECKS,
EXCHANGE,
STAMPS, &0.,
BII.LS OF
Sons,
Sistare's
York.
IfcorKUQlzcd 1879.
Exi:r.\V!!r.3 asi)
1.
10 & 18 Broad Street, New York.
121 Sonth Third Street, Philadelphia.
DIAMONDS.
BROADWAT, NEW TORK.
1,01
^iuauctat
Geo. K.
Bank Note Company,
142
NO.
29, 1884.
AU
classes
bought and
of
CItj,
&
Co.,
STREET,
A
Town and Railway Bonds
R. T. Wilson
STOCK BROKERS
AND COMMISSION
sold.
&
Co.,
BANKERS AND COMMISSION MERCHANTP,
S Bxcbanse Court, N«w kork.
33 Broad
St.
JIERCHANTS,
and 57 Exchanee Plaea
STOCKS, BONDS, GRAIN and PUOVlSIOMt
bought and sold In New York and Chlouo.
Chicago Correepondents, WM. T. UAKKB 1 CO.
Direct and exclusive private wire.
THE CHRONICLE
ii
&
Morgan
Drexel,
Issue Travelers' Credits, arailable in
world, through the
PARIS.
BOMBSTia AND ToREION BANKERS.
Securities
boOKnt and sold on commission. Interest allowed on
Deposits. Fnreign Exchange. Commercial Credits.
Circular Letters lor Travelers,
Cable Transfers.
•ratlable In
all
parts of the world.
MOKGAN &
& W. Seligman & Co.,
BANKERS,
Brown
&
Co.,
No. S9 'WAI.I. STRKET, N.
BUT AND SELL
Issue Letters of Credit for Trayelerg,
On SFLIGMAN BROTHERS, London,
SEI.IUMAN FKEUES & ClE.. Paris,
SEL10MAN& STETTHKlMKK,
OF EXCHANOE
ALTMAN 4STETTHEIME11,
Parable tn anv part of Europe, Asia, Africa,
Draw
TniDsfem of
TRANSFERS
OF mONEV
AND OTHER COVNTBIES.
COL,l,KCTION8 OF DRAFTS drawn
HAKE
points in the United States and
abroad on
JUAKX: TELEGRAPHIC
all
Canada, and of Drafts drawn in the
United States on Foreign Countries.
J
&
&
Stuart
Co.,
J.
NASSAU STREET.
BILLS OF EXCHAKGE ON
52 ^VlUlam Street,
SMITH'S,
BANKERS, LONDON;
lOTANCHESTER & COUNTY BANK,
THB UNION BANK OF LONDON:
BRITISH LINEN CO. BANK, LONDON AND
SCOTLAND.
i
ULSTER BANKING COMPANY,
BELFAST. IRELAND;
AND ON THE
NATIONAL BANK OF SCOTLAND,
EDINBURGH, AND BRANCHES;
ALSO,
C4BLE TRANSFERS AND LETTERS OF CREDIT
PARIS:
NEW YORK: LONDON:
^- DAVIS. W. G. H. HIATH.
William Heath & Co.,
BANKERS AND BROKERS,
No. 80 Broadn'ay, Nenr York.
Members of New York Stock Exchange.
FOREIGN EXCHANGE. CABLE TRANSFERS.
William Heath
&
Frank
Office, 320 Broadway.
Connected by Private Wire.
> Members of the N. T. 8to<A
and Mining Exchanges.
F. Dickinson. (
WALCOTT.
Kennedy Tod
J.
&
Co.,
Buy and
sell
on commission all classes of Railroad
and l*rovisions.
Securities: also Grain
Private TeleKraph wires to Philadelphia, Wilmlng*
ton, Baltimore, Washington, Bridgeport, New UaTeo..
Boston and Pittsburu.
WASHBURN
CALJ>^VEL,L,,
Bills of
Exchange and transact a peneral
financial coiumisslon business.
(tven to American Securities.
BANKERS AND BR0KEB3,
No.
WALL
3
Oiler Investment Securities,
Buy and sell bonds, stocks and securities in all American, Canadian, British atid Dutch markets on commission. Collect dividends, coupons and foreign and
inland Drafts.
Exchange on
MEI.VII.l.K, EVANS
CO,
LONDON,
&
HAMBKO ifc HON,
H. OYENS *.- SON, AMSTERDAM.
IIOTTINCJIJER Jt CO., PARIS.
C. J.
&
Kidder, Peabody
Purchase and Sale of
Co.,
BOSTON, MASS.
all
Une
No. 19
&
Orders solicited for London and American markets
for Investment or on murgln. llailwuy, State and
City Loans negotiated.
&
John Munroe
Co.,
No. 32 Nassau Street, Neiv York,
No. 4 Post Office Square, Boston,
CHEQUES AND CABLE TUANSFEIlii ON
MUNROE &
PARIS
CO.,
sterling cheques and bills at sixty
iiavs sight o.v
ALEXANDERS
ic
CO., I^ONDON.
Lansing
Caldwell.
akd CnEinTS fob Tuavelkus.
&
Ruckgaber,
a9 WIIiLIAin STREET, NEW YORK.
Schulz
B ANKE^ia,
COHHESPONDENTS OF THE
International
Bank
(Ijtnilted)
lacssrs.
of
London
London,
FOREIGN
J.
jonn RcrcnbcrK, Gossler & Co.
Ilii]iibiir;>;.
raessrs.marcuard, KranRS& Co., Paris.
Commercial and Travelers' Credits.
BUIa ef Exchange.
Cat>Ie Transfers,
&
A. Kohn
19 Broad St.,N. Y., ITlills Building,
Transact a General Banking Business..
Foreign Exchantte, Bonds, Stocks and Miscellaneous Securities buuKht and sold on commission.
Junes A. Kohn, Daviu ochs. Mokitz ochs,
ilemb. X. V. stock Ex.
Memb. N. Y. Stock Exch.
&
John H. Davis
Si.
BROTHERS,
KOVNTZE
BANKERS,
120 Broadway, Kfjuitabie BiuUling.New York.
LETTERS OF CREDIT AND
CIRCULAR NOTES
Issued for tiie use uf travelers In ail parts of the
world. Bills drawn on the Union Hank of London.
Telegraphic translers made to London and to various
piuoes in the Unileti States. Deposits received subject to check lit siglit, and interest allowed on balr
ances. Government itnd other bunds and investment
Becurltles tjought and sold on commission.
G0AD15Y &
B. E.
WALKER,
Canadian Bank of Commerce,
16 EXCHANGE PLACE.
BUT AND SELL STERLING B-VCHANGK, CABLE
TRANSFERS, ETC.
ISSUE COMMERCIAL CREDITS. A VAILABLE
IN ALL PA UTS OK THB WORLD.
L, S. FHAXICENUKI.MKK, M. SKt.IOMAN,
Members N. V. Stuck Exchange.
&
Co.,
BANKERS AND BROKERS,
No.
51
Co.,
BANKERS AND BROKERS,
No. IT WALL ST., NKiV YOKK.
MemberaofNcw York &
Philndelphia Stock
Exch'gM
WIRES TO:
IV ATE
PA.,
CHICAGO.
EXCHANGE PLACE.
&
Oilman, Son
Co.,
BANKERS,
C onnESrOXDESTS :
BARING BROTHERS & CO., London
PERIER VRERES CO., Paris.
JIEIVDELSSOHN & CO., Berlin.
Asiel
Co.,
BANKERS AND BROKERS,
YOUK,
A.ND
K. ASIEL.
Washburk.
Sts.,
JOINT AGENTS
CiBCtn.AB. Notes
C.
CABLE TRANSFERS, BILLS OF EXCHANGE
J. H.
th.
New York.
philadelphia,
baltiiuokf:,
B.4lNKERS,
Wall and Nassau
Co.,
Scribe, Paris.
Securities dealt in at
Stock Ezchange.
I'Jt
COMMEKCIAL AND TRAVELERS' CREDITS.
William Heath
$(TKEET.
Interest allowed on deposits sabjeot to algbt draft
C. B.
Act as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, also foreign and domestic
travelers' letters of credit in pounds sterling St dollars.
I'articulur attenliun
dc
TOWKSEND
10 Throfl^morton Ave., IdOndon, Ens*
Draw
Whitely,
NEW
Chas. J. Townbens. Member N. Y. Stock Exchange
BANKERS.
Sell Bills of
&
Prince
VORKNo. 64 BKOABW^AY,
Ave.. New York.
i»r, »*.^„
OFEICK8 1 53^ j5(^^ gj^
BRANCU r^-^^^^oil^I^'lfth
WashiDRton. D. C,
New York
WILLIAM STREET,
No. 63
Cor.
Co.,
H. Ckuger Oakley^
James Whitkly,
MAvyjiiu) C. Kyke,.
Hakrt C. JjOOAN,
Henky II. Dodge, Washington, D. C.
WM. R. TllATKKS, Special Partner.
Transact a general BankiiXK Business, inoludicx th.
AliEXANSKR BABINQ,
Member N. Y. Stock Excb.
K«Nlf«nT Ton.
H. O. NOBTHCOTI,
J.
"LIMITED;"
CHAS^K^OmNCKY.'''^"^
New York.
Accounts and Agency of Banks, Corporations,
firms and Individuals received upon favorable terms.
Dividends and interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends; also as transfer agents.
Bonds, stocks and securities bought and sold on
commission, at the Stock Exchange or elsewhere.
Sterling Exchange and Cable Transfers bought
and sold.
dc
MANCHESTER, PAYABLE IN LONDON
BrancU
Jos, C.
DRAW ON
33
SmiTH, PAYNE
California.
John Paton & Co.,
SUCCESSORS TO
JTESUP, PATOX & CO.,
Martinique and Quadalonpe.
TBIS
Au-
Exchange and malce Telegraphic
of
Monev on Europe and
stocks and Bonds bouKht and sold on Commission.
Orders received in MininK Stocks, and in Unlisted
Securities. Collections made and Loans NeKotlated,
Dividends and Interest Collected.
Deposits received subject to Draft.
Interest Allowed, investment Securities a Specialty.
We issue a Financial Report Weekly.
.
IN STBRLINO.
BSTWSSy
Bills
Co.^
BANKERS AND BROKERS,
No. 24 Pine Street, New York,
Transact a fieneral Banking Business
Berlin.
traUa and America.
ATAILABLB IN ANY PART OF THB WORLD.
In Francs, in
Frankfurt,
AI.SBF.KG GOI.DBEIIG, Amsterdam,
If.,
ON GREAT BRITAIN AND IBKLAND. VRANCK
OKBMANT, BKLQIOM, SWITZKKLAND. NORWAY, DENMARK, SWEDEN AND UOLLAND.
Issue Commercial & Travelers' Credits
And
York.
INenr
STREET, LONDON.
Brothers
BIL,L,S
BROAD STREET,
No. 23
Y.
St,, N.
&
C. Walcott
J.
on California. Europe and Havana.
CO.,
and 62 Greene
St.
sell on commission, fur investment or on
all securities dealt In at the ^<ew York Stock
Exchange.
and their C(»rrespondentB.
Attornkts and aokvts of
inessrs. J. S.
Ho. 22 OLD BROAD
New York Stock Exchange,
FOUEIO.V KXCBAXOE, GoVER.MIENT
of the
Buy and
margin,
Also Commercial Credits and Transfers of Money
J.
I.V
AND OTHER INVE8TW K.VT RoNIlS.
STEItLI.NG LOANS A SPECIALTY.
54 'Uall
ȣ ROTHSCHILO,
ITKESSRS.
FHILADELPHIaI
DEALERS
parts of the
all
awtX groliei's.
Chas. Unger & Co.,
BANKERS AND BROKERS,
Members
Nos. 19 and 21 NaMftau Street,
No.34 Sooth Third Slreet, 31 Boulevard Ilaussmann,
Deposits received subject to Draft.
Co.,
BANKERS^
"nUrexcl.Harjes&Co
Co.,
&
Co., August Belmont
nrALIi SXKKET,
CORNER OF BROAD, NEW YORK.
Drexel &
gaukcvB
f^oxj^iQU %xc}xmiQZ.
'gov&iQM %xc\imiQt,
XXXIX.
[Vol.
No. ea
cbdab stbeet.
Banking Business, buy
And Sell Government Bonds and Investment SecuriIn addition to a General
Simon Borg
No. 8
&
Co.,
WALL STHEET, NEW YORK.
DEALERS
IN
ALL KINDS OK
Railroad and Inrestment SecnritieSr
RorTHERV
PKriTTRTTnW A HPPtOHl.TT.
nnMBERT,
Member N. Y. Stock Bich.
E. C.
E.
John
C. Humbert
J.O.
liUMBEKT
&
Son,
BANKERS AND BKOKER.%
WALL STREET,
No. 89
OREXEL Biiir..DiNa,
Hatch
NEW YORK
&
Foote,
BANKERS,
No. 1% Wall Street, N. Y,
We make U. S.
Bonds and investment Seonritlee »
and BO.N'I>3
specialty, execute orders in STOCKS
for ca«h or carry the same on margin.
We transai*
ageneral BA.NKliVO business and ALLOW ^^fTKKKST on DEPOSITS. Branch Offloes. connected \a
private wire, Norwich, Conn., and Boston, Uaai.
:
November
and
I^autievs
iU
'govtiQu 'SauhcvB,
§\o\itx».
&
R. A. Lancaster
Co.,
Wood,
BANKKR8 AND BROKERB,
31
DlikLIKtl IN
Railroad & XiscelIan«oa8 Secnrities.
Southern Senurities a BpeciaUy.
&
Hucstis
PINE
8T.,
Railway Share Trust Co.
StICCENHORH TO
A
^VOOI>
(LIMITED),
l>AVIS.
Execute onlcrn In all securities listed at the New
York Stock Exchange. Kur Sale,
KIUHT-CLAHH RAILUOAU KIII8T MORTOAOI BOKDa
QBOBOBO. WOOD, n n. HUKgTIg. UM. I^WA^
Howard
&
Lapsley
PINE STHEET, NEIV YORK.
\V.
W.
Capital Paid Vp, ie97 1,880 >l*rllnc.
New York.
DtnECTOnS:
W. H. Goadby&
Co.,
BANKERS AND BROKERS,
No.
Dt'DI.KY.
&. BATEnAN,
GREEN
WALl. STBKET, NKW YORK.
IVALL STREET,
8
Ik CC>..
W A WHIMOTOW.
N
COLLJ.TUHNIR, JA8.TCBJ<«K.
Memb. N.Y. Stook Bxob.
Bia UIMRT
16
&
boiuht
LONDON, ENOEAND.
HEAD
New
&
Bouden
Jenkins,
THREADNEEDLE
OFFICE.
ST.
BRAUCBES
Bond
H. Dewing & Son,
BANKERS AND BROKERS,
York.
l»'all Street,
Stocks and Bonds ISoUKht and Sold on ('nrnmlsslon
allowed
on balInterest
and
received
Accounts
lances. which may be checked tor at sight.
^
.
-
......
Cl.AHK DEWING. F. T. BO>TICOU.
(Member of New York Stock BzchaoKe.)
Street,
Ludgate
I
Hill,
Knlgbtsbrldge,
Uolbom,
I
to Iioans of
Issues
§t.
- l^ew^ORK)
Parchas9 and sell on Commission OOTKRNMBNT
and RAILROAD BONDS and STOCKS, and all
eluses of Securities dealt
BTOCK EXCHANGE,
NBW
the
YORK
reputable Securities
In at
or all
OPEN MARKET. LOANS
COMMERCIAL PAPER negotiated. Interest
boUKllt and sold in the
paid on
DEPOSITS, subject to check.
Loans on the I/ondon Market, acts as A«ent for
or Registration of. Stacks In London, or otherwlM.
London.
The Bank^whlle conducting the general business
London Bankers, gives special attention to the
A.
(1.
KKNNKDY. Manager.
TUB
Anglo- Californian Bank
Head Office, 3 Angel Court.
SAN FKAN<;iSCOOffloe,422 California St.
NEW YORK Agenta, J. A W. Selipman dc Co.
BOSTON
Correspond'tB, Massachueetts N.
tnthorlzed Capital,
Paid-up Capital, •
Ueaerve Fund,
-
•
-
Bk
THB
Railway DebentureTrust
York,
Bay and
Inveatment Secnrltlea.
p. O. BOX 2,847.
WATLANO TBASK. H. J. MoBSI.
Sell
A. M. KIDDIB.
.
LILIKNTHAT,.
So*
Brnnch OOice, ViS La Salle St., Chicago,
TRA.NSACT A OK.VERAI. BANKING BUSINKSS,
INCLUDING TllK I'l.KCHASK AND SALE OF
STOCKS AND BONDS KOK CASH OK ON MAK<iIN. BUY AND SKl.I. 1NVKST.MRNT SECURITIES. INTEREST AI.I.OWKD ON DEPOSITS
SUBJECT TO CHECK AT SIGHT.
D
P. O.
A. BOODT.
Box
447.
C. W.
McLBLLAN. JB.
REUBEN LELANV.
Bank of
Shanghai
47 William
Threadneedle
St.
Australasia,
(INCORPORATED
St.,
1885.)
London, England
Narr
&
Co.,
AMERICAN BANKERS,
STUTTGART. GERMANY.
TURNER
A. P.
A CO.,
EOM>ON.
Broadway,
OOMMEROIAL PAPER.
UTall Street, Corner
STOCKS, BONDS
<t
Stocks and Bonds bought and sold on commission
at New York Stock Kximange. Adrtnces made on
tiulness paper and other securitler.
Railieay Btuare
Directort as the
Company
TruH
(Limiled).
CAPITAL PAID LP, with
Snrplaa,
Blake Brothers & Co.,
LONDON, ENGLAND,
Sallcit accounts and agencies of Banks, Rallwsn.
(Corporations, tlrms and Individuals, upon favor
able terms; also orders for the purchase and
ale of Bonds. Shares, Ac, Ao., on ConunlMloa
on the Stock Exchange.
Hesotlate Railway. State and City Loans and
laene CommerolaJ Credits available in all parts of
the world.
De Twentsche
Bankvereeniging,
B.
Exchange.
U.W.I.O. New Turk Slock
mwMimta
^ Philadelphia Stock Exchange.
L. de Steiger
&
Co.,
BANKERS,
FRANKFORT-ON-MAIN, GERMANY.
W. BLIJDENSTEIN k
AMSTERDAItl,
.
>
•
E8TABU8HSD
-
CO.,
HOLLAND.
ItKSl.
gnbscrlbed Capital, 8,000.000 - OoUden («S.aoO.0OO.-)
"
($8,148,440.-)
Pald-Up Capital, 7,871,100"
(fSsg.lMAM)
848,863 87
Bwarve Fond,
Amsterdam.
BRAUCBBS
Laadaa—KZCHANQB A INTB8TMBNT BANK.
Head
Office,
B.
THREADNEEDLE STREET,
i
BANKERS,
Same
fl.BOO.'.no.
Onarantee and Reserve Fnnds, JE',:is,0O).
Letters of Credit and Drafts Issued on the 112
Oranches of tiie Bank In the Colonies of Uneensland,
New South Wales, Victoria. South Australia, Tasmania and New Zealand. Bills negotiated or sent for
Collection. TelMraphlc Transfers made- Deposits
received in London at interest for fixed periods on
terms which may be ascertained at the office.
"
PBIDEADX BBLBT, SeoreUrT.
BO
VNITEDBANK BUILDING,
LONDON, ENGLAND
£1,956,410 Sterlinc
and I^ndon.
A. M. TOWN8END. Aceot,
PAID-UP CAPITAL,
Place, N. Y,
BANK BUILDINGS,
i'ii/»hl«r
Bills payable at Bombay, Ca.cutta, Singapore, Saigon,
Manila, Hong Kong, Foochow, Amoy, Nlngpo,
Shaiighal. Hankow. Yokohama, Uiogo, San Francisco
4
^
4
$6,000,000
»7.r00,000
Pnid-up Capital
4,4')0000
Reserve Fund
400,fliiO
Reserve fnr Egualizatlon of Dividends ....
7,5C0,000
Reserve Liublrity of Proprietors
The Corporation grant Drafts, issue Letters of
Credit for use of Travelers, and negotiate or collect
l
B A N K E R .H
5S Broadway* cor. Exchange
No.
(LIMITED),
.
Transact a general banking business. Issue Commercial credits and Bills of Exchange, available in all
gnrt8 of the world. Collections and ordersfor Bonds,
tocka. etc, executed upt»n the most favorable terms.
w. C. Hill.
ISoodfft
COMPANY
..>... 1,500,000
400,000
BANKING ASSOCIATION.
New
Addren—Patt, Lohsox.
Cable
Anency of Foreign and Colonial Banks.
Hong Kong &
Transact a Oeneral Banking Bnslness, indudlnfr
the purchase and sale of STOCKS and BONDS for
cash or on margin.
na^
Tottenham Court Boad
Paddlngton,
Aldgate,
Old Street,
FRED-R F. LOW.
iManaaera
IGNATZ STEINHART.t^*""**
No.
TnutM
approved Bailwayi, neiotlatee ant
of
P. N.
CKy Co.
BANKERS,
18 WALL STREET,
Mamwlns Director.
payments of Interest on Loans, Dividends oa
ter of
(LIMITED).
25 f me
E«].,
C B.. M. r
Bart.
Railways and other Corporations, either In the
LONDON,
and
M. P.
This Company nndertakaa the bnslneM of
«4, 000,000
4,000,000
1,000,000
Reserve Fund, £300,000.
HIHAM DIWINO.
No. 18
...
AaihorlzFil Cnpllal,
Subncribnl i'apllul
Paid-Up Capital,
New York «nd rhlomo niark«t«i
Hold in
irnd
Esq.,
(LimrBD,)
Co.,
New York.
AND PROVISIONS
L
DaCMHORD WOLPV,
FRANCIS PAVr,
The City Bank,
gpaolsl.
18 Broad Street,
STOCKS, BONDS, GRAIN
C, B.
O. C. M. a., K.
B. LlNBLTT.
&
Turner
U. P^Cbalnaao.
BibCharlxs Lawrenck Youno.
T>.o.
BANKERS AND BROKERS.
Eiq.,
Oehehal IIenht IlaPKiNioii,
Malcolm a. Laino, Ksq.
JOBN Pender,
PrlTnta Wire to WuhlnKton.
J.
LAINO,
and Foreign Kxcbance
Stock*, Cotton
C.
B.
JOH.V IIOKATIO Llotd, Esq.
New York.
35
WAT WMAN
LONDON, ENGLAND.
BROAD STREET,
No. 84
DonOLA88 OKECN,
Memb.N.V.CottonKxoh
BATEMAK,
A. K.
Memt.N.Y. Stock Rxoh.
BANK BUILDINOS
No. 4
Co.,
BANKER8 AND BKOKEK8,
Stewart Brown's Sons,
STOCK UROHERS,
TBB
Co.,
NEW YORK,
BANKERS AND BROKERS,
VNITEU BANK BUILDING,
BUOADWAY AND WAM. 8THKKT, NKW VOBK
88
!
THE CHRONICLE^
1^84.]
20,
:
No*, ee
W. BLMniNSTIIN A Co.
A S6 Threadneedle Street, KO.
Rotterdam-DB WISSBL-en BFFBCTKNBANK.
Eaechod»-B. W. BL1JDBN8TWN, JB.
AlBielaa-LEDEBOKB A CO.
Transact a general Banking and (k>mmliilaa
oaH
In Bills, gtooka. Share*. CToopons,
K«W TOUK
Bul-
Aa
CORB«8PO!«D»I»T8
Messrs. KNAUTH, NACHOD
ft
KUHNS
,
THE CHRONICLE.
Iv
©awadiau
^ew
'g^VLhsxs,
OAPITAI,,
SURPIiUS,
C. F.
-
-
-
-
BMITHERS,
W.
$12,000,000, Gold.
$6,000,000, Gold.
NEW YORK
&
^o«. so
Gl
WALL STUEET.
Tl^EYBOSSET STREET,
PROVIDENCE, R. I.
Merchants Bank
$5,790,000 Paid Up,
-
•
-
-
.
.
UOBBHT ANDERSON,
inONTKEAI..
HEAD OFFICE,
QBOROE IIAOUK,
J.
ohange. Cable Transfers, Issues Credits available In
all parts of the world, makes collections in Canada
and elsewhere, and Issues Drafts puyabie at any of
theofOcesof thc.bank in Canada. Kvery description
of foreign banking business undertaken.
New Tork Agency, No.
61 TTall Street.
HENBT HAGUE,
JOHN
B.
HARRIS.
)
JH..
i
a^^,.
Agents.
AGENCY OF THE
Bank
JOS.
M. SHOSUAKIR.
STREET.
No. 52 II^ALL
Buy and sell Sterling Exchange and Cable TransIssue demand drafts on Scotland and Ireland:
also on Canada, British Columbia, San Francisco and
Jos.
No.
China, Japan and the East and West Indies. Also,
name of
Limited, available In the Brazils, River
BANK
and other banking business transD. A.
MCTAVISU,
H. 8TIKEMAN.
.„„„,.
(Agents.
)
H.
8.
HOWLAND, Pres't.
D. R.
WILKIE,
Cashier
HEAD OFFICE, TORONTO.
|
&
Narr
Mieetlons
No. 322
Promptest attention paid to collections payable
Gerlach,
PHILAOKIiPHlA.
Orders executed by private wire in New York. Bos
ton and Baltimore.
Drafts issued on all principal points In the United
tales and Kurope.
galtimorje '^miktxs.
INVESTMENT
and
NATIONAL BANKrXC. ASSOCIATION.
CHARLESTON,
ESTABLISHED
Co.,
SOUTHERN SBCCRlTlKa
Correspondence solicited
and Information
N. T. Correspondents—MoKlm Brothers
in
Robert Garrett
No.
York.
7
&
Cobb
&
Estabrook,
BANKERS,
No. 36
CONGRESS STREET,
BOSTON.
a
.
n7w. Harris &
Sons,
BANKERS,
SOUTH .TREET,
FOREIGN BANKING RITSINKSS.
WH. MiDDEMDOBr.
WM. B. ()lITIB.
Middendorf, Oliver & Co.
BANKERS AND BROKERS,
(KBTSER BUILDING*^
N08. 23 & 25 GERMAN ItrEET,
Box 397.
BAIiTimORE, HID.
^^anthfixvi gatttueicB.
ALSO.
Co.,
IBiTESTniENT BAKKER8,
DEARBORN STREET,
CHICAGO, ILIi.
Schoo
DrkATT^Q State, County, City, Town, 8eh<
Dl-'IM JJO, and Car Trust Bought and Sold
No. 176
Write us
tlon.
If
entire Issues receives special atteuyou wish to buy or sell.
^
HB
T
Texas Land
&
Mortgage
COMPANY LIMITED,
(OF LONDON, ENOIiAND),
fni-
& Co.
AlTD
BOSTON STOCK EXCHANGES.
Co.,
Defaulted Bonds of Missouri, Kansas and Illinois a
Good Investment Securities, paying from
to 10 pe r cent, lor sale
Transact a Konerai Financial and Agency Business In
the State of Texas and Europe.
C. B. WKLLB8LBY,
New Tork Correspondents:
General Manager,
Blake- Buos.
& Co.,
Dallas,
—
Wall
-rrs-tbxab.
Street.
D. G. FONKS,
President.
j
STATE BANK^
)
\
Incorporated 187o.
)
C. T.
WALKIB
Cashier.
German Bank,
lilTTIiE KOCK,
Capital (Paid in) -
ARKANSAS.
- $250,000
all business In our line.
N. Y. CoRHKSPONDKNTS.— DonneJl. Lawson & Co.
md the Metropolitan National Rank.
-
Prompt attention given to
Wm. W. Thobnton, Cash,
SOIV,
THOS. M. Thountox.
IV. F.
THORXTOIV &
(Established 1859.)
BANKERS AND BROKBRS^
Members Baltimore Stock Exchange.
MEMBERS OF THE NEW YORK
&
Keleher
F.
4^
BALTIMORE,
J.
1871.
OLIVK STREET, ST. LOUIS,
Dealers In Western Securities.
specialty.
nlsned.
EllXEST H.PKI-VGLE.Cash.
BAXK OF CHARLESTOIV,
The funding of
&
of the United States
all nart-s
:3pecialty.
CHKSTNUT STREET,
Wilson, Colston
Ciuhler
305
^ttfllatxig gattfejeyg. TKANSACT A GENERAL DOMESTIC AND
Brewster,
made on
WM.C.COUET.\EV,PrcS.
P.
BANKERS ANB BROKERS,
any part of Canada.
Approved Canadian business paper discounted at
the Head Office on reasonable terms, and proceeds
New
C
Pblladelphla.
I
BosANQDKT, Salt & Co., Bank of Montrkal,
73 Lombard Street.
59 Wall Street.
%tm
St.,
Walkeb.
A. K.
'Wi&SlZXM %A\xktxs.
BALTIMORE.
Catharines, Port Colbome, St. Thomas, IngersoU
Welland, Fergus. Woodstock. Winnipeg, Man.,
Brandon, Man.
Dealers in American Currency k Sterling Exchange.
Agents In London
Agents In New York;
N. €.,
First National Bank,
WritMINGTON, N. C.
BANKERS AND BROKERS,
8t.
remitted by draft on
B. BtTBBUSs, Pres't.
Stocks and Bonds Boufht and Sold on Commission
BRANCHES:
:
DIJRHAIV,
S. C.
Special attention* Given to CoLLECTioxfl,
DEALERS IN CAR TRUSTS AND OTHER
INVESTMENT SECURITIES.
Imperial Bank of Canada.
CAPITAL (paid np), - • -91,500,000
SURPLUS, ....... $6T8,000
Durham,
Bank, of
With ample means, and facilities excelled by no
Bank lu the State, Invites correspondence and pays
%m\kzxs.
BANKERS AND STOCK BROKERS,
134 SOUTH THIRD STREET,
NEW LONDON & BRAZILIAN
in
The
PHILADELPHIA.
E. W. Clark & Co.,
Chicago.
Plate, &c.
Bills collected
acted.
P. A. WrLKY,
Cashier.
President.
M. Shoemaker & Co.
fers.
CIRCUI.AR NOTES Issued In Pounds Sterling
available in all parts of the world.
CO:>i:>IEKCIAI^ CREDITS ISSUED for use in Europe,
Co.,
Special attention paid to collections, with promot
remittances at current rates of exchange un day of
payment. Buy and sell State of Alabama and City
of Mubile Bonds.
Correspondents.— Bank of the State nf New York,
New York Louisiana National Bank, New Orleans;
Bank of Jiiverpool (Limited). LtverpoQl.
ROBSBT M. JAJiNKT.
No. 35 South Tblrd
North America,
British
&
BANKERS.
HIOBIIiE, AI.ABAITEA.
BANKERS,
0»
BKNJ. A. BOTTS.Pres't
special attention to collections.
^ctttisyliuattia
General Manager.
WKEM8. Cashier.
Thos. P. Miller
Stackpole,
Esq
H.PLUMAIEK. Assistant Qeneral Manager.
BANKERS:
LONDON. ENG.— The Clydesdale Bank (Limited.)
NEW YoitK-The Bank of New York, N.B.A.
The New Tork Agency buys and sells Sterling Ki-
all
;
DEVONSHIRE STREET,
BOSTON.
No. 60
$1,250,000
ANDREW ALLAN, Esq.
President,
Vlce-E^esldent,
4,
BANKERS,
OF CAIVADA.
•
B. F.
W. T. Blackwjcll,
&
on
Baldwin, W.
Mcllhenny, B. F. Weems.
BOSTON, MASS.
Parker
collections
Botts. Pres't; F. A.Rlce,
B. Botts, Rob't Brewster, 8. K.
C. C.
MEMBER OF BOSTON STOCK EXCHANGE.
Ko. 22 Abcliurcli Lane
Texas.
attention to
DiKECTORS.— Benjamin A.
Samuel G. Studley,
COMMISSION STOCK BROKER,
No. 4 Excbange Place, KooM No.
give
special
accessible points.
IMvate Teletrraph Wire to New Tork and Boston*
BoT and sell Sterling Exchange, Francs and Cable
Transfers: grant Commercial and Travelers' Credits,
available in any part of the world; Issue drafts on
and make oollectlone to, Chicago and throoghoutthe
Dominion of Canada.
Capital,
BeserTC,
We
ExchaDKO.
[
Office,
CAPITAL, «S00,000,
Dealers In Commercial Paper, Government and
other first-class Bonds and Becuritiea and Foreign
OFFIUE,
WALTBR WATSON, A^nta.
ALKX'R Lang,
liOndon
THE CITY BANK OF HOUSTON,
Houston,
BANKERS AND BROKERS
63
President.
S^auVixtxii gaulicvs.
& Co.
Wilbour, Jackson
BUCHANAN, General Manager
J.
gu0latitl gaulijers.
Joshua Wilbour,
chablbs H. Shkldon, Jb.
binjahin a. jacesok, williau binnkt, jb.
Bank of Montreal.
XXXIX.
[Vol.
SHELBYVILLE, ILLINOIS.
Collections made in Shelby and adjidninn Counties
and Proceeds remitted on Day of Payment.
IlEFF-KENCES.— Natitinal Bank of Commerce, New
Yoric Unit>n National Bank. Cindnnuti: Third NaTraders' Bunk, Chicago;
tional Bank, St. i:.Viiis
First National Itank. Indianapolis.
;
;
Dealer* in Mnnlclpal, State, Railroad
and United State* Bonda.
Perkins,
Dupee
(FormerlT Chab. A.
&
Swnr &
Co.,
Co.),
BANKERS AND BR0KEE8,
STATE STREET,
BOSTON, MASS.
No. 40
3>eid«n In Munlcijwl, State and Railroad Bon4l.
MERCHANTS' NATIONAL BANK,
RICHMOND, VIRGINIA,
Collections made on all Southern points on best
terms; prompt returns.
JOHN F Glenn,
JOHN
Cash.
P.
BRANCH,
Fhbb. R. Scott. Vice-Pres't
THOnAS BRANCH
BANKERS
A.N'D
President.
ESTABLISHED
C0.M.M1SS10N
CO.,
MERCHANTS,
&,
RICHMOND, VIRGINIA.
Virginia Bonds funded under the Funding Act
passed by the last Legislature, for Mi per cent comNew North Carolina 6 per cent bonds,
mission.
secured by lien on the State's stock la the ^'orth
Carolina Railroad, for sale.
185St
Eugrene R. Cole,
eT^rOESSOU TO
BEARS
ft
COLK,
STAXIOM'IR ANJ» PRINTER,
Supplies Banks. Bankers, Stock Brokers and Cor>
porations with complete outfits of Aoeount Bookg
and Stationery.
New concerns orKanhitng will hare their or*
ders promptly executed.
ty
No. 1
WILLIAM STREET^
(UANOVEH SQUAUE.)
:
November
THE CHRONICLE.
89, 18e4.]
Svnst ^omp^nitB,
'giwxncinl i^ompuniea.
or Sixrety sliip. United
I3on<ls
NO OTHER
Co.
rn.h r„„it«i
'SSS'SSS
4<X>,0U0
214,000
A-"OtS
<';tsll
with Inauraaoo Dipartinout
Vlc«-l*rei>l<lont:
IToldent
UoN. JA8. KEItRIIB.
glK At.KX. T. UAI.T.
l)ui>'-'ii
ManxinK
Director
:
EDWA RD RAWLIN08.
NKW YORK
OKKICK:
BROADWAY.
NO. 1T8
TOMPKINS,
Secretary.
W. Drexel, A. 1.
'I'.pklns, H.Victor Newoomb. .lohn I'aton, Danle
1).
New Vohk
J.
I>inErToiis— Jiineiili
Torruncc. Edw.
V.
8U A 218 BROADWAY,
NKW
this <^oiuuunT
nfthiB
iit
OR
ADRIAN
wn,HA.M H. MACY. VIoe-Preelilent
JAMBS S. CLAU>C. Second Vloe-Piest
nVLLER &
n.
SON,
NEW YORK.
PINE STREET.
No. 7
ness, as well as relUilousand boneyolent institutions,
will And this oompany a convenient depository (or
JOHN A. HTBWART, Presldenu
money.
i£^axaxatxciix\
S.
i£/^x&s.
nuidenite elmn.'es.
are accepted by courts
B.ChltUnden,
JohnU.Uhoades
Anson P. Stokes,
Charles E. Bill,
D. Willis James,
Wilson O. Hunt, John J. Astor,
WniH.Macy,
John A. St«wart,
Clinton Gilbert, S.M. Buckingham
Daniel D. l,ord,
11. K. Jjiwrence.
Ueorge T. Adee*. Isaac N. Phelps,
Krastus Comlntt,
Samuel Sloan,
Brinckerhoff, Turner
Robt. U. .MIntum
&
Oeo. H. Warren,
QeorKe
Bliss,
Wllllaiu LIbbey.
John C. Brown,
Edward Cooper.
W. Bayard CutUng.
nBNRY
York.
I,.
Policies l.ssnod against accidents causing death or
totally disabling; Injuries.
Full Information as to details, rates, Ac, can be
obtained iit head office, or of Cotnpany's Agents.
Wm. M. KicHAiiiis. Prest. John M. Cuank, Sec'y.
ilou'T J. Hn.i.A.^. Ass't Secretary.
COTTONSAILDUCK
TliuUNKLl,, Secretary.
iJliLblCTOKS:
David Dows,
W. 0. Low.
Geo. T. Hope,
Charles Dennis,
A. S. Barnes.
O. U. Williams.
J.S.T.Stranahan, II. A. Uurlbut, Alex. Mitchell.
J. O. TermUye, S. B. Chittenden,
A. B. Uull.
tieo. S. Coe,
Wm. M. Richards.
The Union Trust
eil
AND
And aU
Co.,
PHILADELPHIA.
»1,000,000
Authorlied CaptUI
000,000
Paid-up CapltiU
Charter Perpetual.
ReAdministrator,
Asslftnee,
Executor,
Acts as
ceiver, Guardian, Attorney, Aiicent, Trustee and Committee, alone or In connection with an IndlvldtuU
appointee.
Takes charge of property collects and rem,t8 Interest and income promptly, and dtscbarfies faithfully the duties of every trust known to the law.
All trust assets kept separate from those of the
BAOS, "AWNINQ 8TKIPK8.
Also, Agents
UNITED STATES BUNTING
A full sapply, all Widths and
No. 109
;
Bherman S. Jewett. Pres. JosiAH Jewktt, V.Pres
WILLIASI C. COBNWELL, Cashier.
Bank of
Company.
Buffalo,
CAPITAL,
¥300,000
BUFFALO,
annum,
This bank has superior facilities for maklns collections on uU accessible points In the United States,
Liberal terms extended to
Canada and Kumpc.
accounts of bantcersand merchants.
CoRRESi'ONDENT.s.— New York, National Shoe
A
I.(,ndun.
NASSAU STREET,
DXALEB
IN
GAS STOCIiS,
protected by Improved time locks.
Wilis kept in Vaults without charge.
Bonds and stocks. Plate and all valuables securely
kept, under guarantee, at moderate charKCS.
Car trusts and other approved securities for sale.
Money received on deposit at Interest.
JAS. LONG, Pres't. JOHN G. READING, V.-Pres't
8. STOKKS, Treasurer & Secretary.
D. R. PATTERSON, Trust Oflicer.
DiKKCToas.— James Long, Alfred S. GlHett, Allison
White, Dr. Chas. P. Turner, William S Price, John
T. Monroe, W. J. Nead, Thos. R. I'atton, John G.
Heading, Jas. 8. Martin, U. Uayes Agnew, M. D.,
Jos. 1. Keefe. Robert Patterson, Theodore. Engei,
Jacob Naylor, Tlicis. «. Icmci. Edward L. Perkins,
Philadelphia; Samuel Kiddle. (Jlen Rii,i>lk, Pa.;
TRUST
CO.'S
TELEGRAPH
STOCKS,
STOCKS,
Stocks, Insurance Stock*.
H. L. Grant,
No. 145 BROADUTAir,
NKW YORK.
CITY BAILROAD STOCKS & BONDS
BOUGHT AND
SOLD.
S.
T
PINE STREET.
DIALINGS IN
INSURANCE STOCKS
A SPECIALTY.
securltlea
;
wll be sold on commission at seller's option.
or they
Jiiaf e
§tpoBit (^ontpmiits.
The
Safe Deposit Co.,
OF NEW TORK,
First Established in the World.
OFFERS UNEQUALLED SECURITY.
140, 142 * 146 Broadway.
FRAN CI S U.J BNK 8.
;
W. Cooper. ALLE.NTOW.v.
The Brooklyn Trust Co.
Cor. of Montague A Clinton its., Brooklyn, N. Y.
This Company Is authorized by special charter to
act as receiver, trustee, guardian, executor or administrator.
It can act as agent In the sale or management of
real estate, collect Interest or dividends, receive
registry and transfer books, or make purchase and
sale of Government and other securities.
Religious and charitable Institutions, and persons
unaccustomed to the transaction of business, will
find this Company a safe and convenient depository
RIPLEY ROPES. ITesldent.
for money.
W.CORL1K8, Vtce-Pres't.
EDMUND
TKUSTBES:
Joslah O. Low. B. F. Knowlton, H. E. Pierrepont,
Alex. M. White, John T. Martin, Henry K. Sheldon,
Wm. C. Kinzsley. C. D. Wood.
A. A. Low,
Fred. Cromwell, Wni. II. .Male.
Alex. McCne,
Henry
.Sanger
Ripley
Wm. B. Kendall. K W. Corlles.
Ct'RRAN.
Ropes.
JAH. Ross
Secretary.
THE
Bailey,
fCash paid at once for the abore
;
Mlch'lChauncey.Jonn P. Kolfe,
8«e Quotations of City Railroads In this paser.
E.
Dr. George W. Kelly. Uahhishl'KO. Pa.; J. Simpson
Africa, UCNTlNODo.v Henry S. Eckert. Readi.vg:
Edmund 9. Doty. Mipplixtow.n ; W. W. II. Davis,
DoYLESTOWN- R. B. Monaghan, WB8T CHESTER
Chas.
President.
MANHATTAN
Safe Deposit& Storage Co
846 & 348 BROADWAY,
Comer of Leonard Street,
NEW YORK.
Safes to rent from $10 to $200 per year,
AND CAN BK RENTED FOR A
SAY WEEK OR IdONTH.
Provident Lif e &Trust Co
OF PHILADELPHIA.
Incorporated Third Mo.. 22d,
BKOWN
ASSETS «I1,5S3,444 S3.
INSURE LIVES, GRANT ANNUITIES, onREdeCEIVE MONEY (<N DEPOSIT, returnableoropowmand, or on which interest is allowed, and are
SSd bylaw to act as EXECUTORS, ADMINISI'rAT(IRS TRUSTEES. GUARDIANS, ASSKiNEIOS,
COMMITTEES. RECEIVERS. AGENTS, etc., lor
the faithful performance of which their capital a id
surplus fund furnish ample security.
All trust funds and investments are kept separate
and aoart from the assets of the company.
'I'be^ncomo of parties residing abroad careinlly
collected and duly remitted.
K.
SHIPLEY,
BLEACHED SHIRTINGS
AND SHEETINGS,
tc
PBINT8, DENIMS. TICKS, DUCKS.
Dnllt, SKeetitigt,
Metropolitan Trust Co.,
New York.
«1,000,000.
PAID UP aCAPITAL,
legal Depository by order of Sn-
Designated as
oreme Court. Receive depostu of money on Interest,
agent, or trustee for corporaut as Osoal or transferexecute
any legal trusts from
tions end aeeept and
pereoBS or oorporatlens on as faTorable terms as
.^ .- .
other similar companies.
THOMAS IIILT.IIOUSE, President.
FREDBUIC
WA1.TE11
J.
I).
TAPPEN. Vloe-Presldenl
BiUTTLN,
Beoretarr.
<tc.,
Joy, Lincoln
43
A
WHTTl STBHtT,
NKW TOBK.
Ae.
for Export Triule.
&
IS
45
Motley,
CHAdJCIT BTBUT.
BOSTON.
A0IIIT8 rOB
Ocean mills Co. Atlantic Cotton IHllla,
Peabody Mills, Clilcopeo Mfje, Co.,
Wlilte lOfk. Co.,
EUertouNewjnills.
Saratoga Vlctorjr mije. Co.,
Hosiery and Yarn nUl'.
.&
Brown,Wood&Kingman
SELLING AGENTS FOR
Geo. H. Gilbert MfK. Co.,
Freeman nt'c. Co.«
Arlington mils.
Uenl>eiv ma- i'»; Juiiii-k I'lillllps, Jr.
Fltilibiirs
Womtod
<'o.,
George Wliitney, C'outlueutal MlUs,
Lincoln mils.
BOSTON, 31 Bedford Street.
MTTTir i-nuB-JSS * 60 Worth Street, and
NiWTiOKK.j3j
^ 37 Thomas Street.
Bullard
&
Wheeler,
119 IHAIDEN LANE,
NKW YORK.
BAGCING AND IRON
TIES,
(FOR BALING COTTON.)
Agents for the following brands of Jute Bagstns,
•Kiwle Mill8,""Hrooklyn Oity.'-Georgla.'-Caronns?'
'Nevlns. O," "Union Star." "Salem," "Uorloon Mllls,^
'
Jersey Mills " and " Dover Mills."
UdPOKTEUS OF IRON
TIKS.
BAGGING.
WARREN, JONES
4c
tiRATZ
ST. LOUIS, Mo.
Mannfaotnrers' Agents for the sale of J ate
President.
WISTAR BROWN. Vice-Prealdent.
ASA 8. WING. Vice-President and Actiuiry.
T.
Mills Building, 35 Wall St.,
Co.,
Towels, Qnllts, W^blte Good* Sc Hoalerj
IMtlO.
(CHARTER PERPETUAL.)
CAPITAL
f 1,000,000
SAM'L
&
York, Boston, Philadelphia,
BKLLING AGENTS FOR LKADINO BRANDS
;
CITY RAILWAY STOCKS
Street.
New
I
No. 21
Dnane
Bliss,Fabyan
MAHLON
MptclviX tiwtstm&nts.
CO.
Colors, always In stook
in their
FIr« and Burglar-Proof Vaults,
N. Y.
Leather Bank; L'nion Bjtnk of
_
Burglar-Proof Safes and Boxes (having chrome
steel doors) to rent at t6 to 100 per
new and elegant chrome steel.
kinds of
CANVAS, FKLTINO DUCK, CAB
COTERINQ, BAGGINO, RAVHNS DUCK. BAH.
TWINES, AC., "ONTARIO" SHAMLBSS
OOTTON
CHESTNUT 8TUBBT,
613
Co.,
Manufacturers and Dealers In
LOUIS O. HAMPTON. AsalsUnt SMreUry
CASL'ALTV DEPARTMENT.
The
of
WKDNBSDATB AND BATUBDATB.
INTKRKST AM,0WBD ON DKP081T8,
rompany
New
of the State of
Bank
K£UULAB AUOTIOH
aU clueee
of
which may be made at any time, and withdrawn aftai
are days' notice, and will b« entitled to lotarMt for
the whole time they may remain with the compMiy.
Executors, administrators, or trustma of estalM,
and females unaccustomed to the transaction of busi-
i
BO.\DS OF !$i;iiK'rvsuiP
b'liuls
BALES
STOCKS AND BONDS
Dan. H. Arnold, James Ixiw,
CO., Thomas
Slooomb.W. W. Phelps,
YORK-
Banks. Railroads and Express Companlea, Manaireni, Secretaries, and Clerks of Public Compantea. lustltutlonsund Cunnnorclnl firms, can obtain
The
te Uadenlgned bold
TRVSTBES:
OfflclHia o(
from
1
This company Is a leffal depository tot moneys paid
Into court, and Is autborlud to aot as guardian or
recelTer of estates.
WInslow. Kra^lus Wlman.
FIDELITY & CASUALTY
No».
BONDS
and
At Auction,
•.....• «3,000,000
S,S41,e08
Capital,
Surplus,
OF NORTH AMERICA.
STOCKS
Co.
or KKW YORK.
No, 40 WALL STREET.
IirslXESS.
The Guarantee
States Trust
^ttctton ilitUs.
Bacgum
IMPORTSKS OF
IRON COTTON TIES.
OFFICE
CARPETS.
ci^^rorn/ssi.^re.^Tt"«rLL%;
basement
CarTCt Store, 114 Folton
St.,
Chc«i>e«t place in the city. IX
Tenlent to call, send lor samples.
floor
otoon-
—
THE CHRONICLE
•d
^p^ccial %mat3tmznts.
Geo. H. Prentiss
No. 49
WALL.
&
Jntexcstf ^ivi&cn&Sf
Co.,
ERN PACIFIC R.ULWAV COMPANY.)
hereby given that the undersigned, the
trustees under the raortg.ige dated May 1. 1881,
made bv said company to us, to secure an Issue of
140 bonds of $1,000 each, all of that date, have designated, and we hereby call in, for redemption, as provided in the mortgage, all the outstanding bonds of
said Issue, namely, bonds numbered as follows.
120
15
99
38
7S
16
100
121
37
79
122
17
80
101
44
18
123
45
81
lOi
101
124
18
40
82
104
123
20
47
83
126
21
84
105
48
106
127
2i
49
85
23
86
107
128
50
108
129
at
51
87
130
25
88
109
52
131
29
110
89
63
132
27
60
111
23
ia3
56
91
112
134
29
93
113
57
30
114
135
58
93
136
31
94
113
59
32
IIH
95
60
33
73
96
117
34
118
76
97
35
119
77
98
Being one hundred and one (101) bonds of $1,000
IfORK,
AND
SOS
MONTAGUE ST., BROOKLYN.
GAS STOCKS
GAS SECURITIES,
Street Railroad Stocks and
ANB ALL KINDS OF
Bonit
DEALT
IN.
8KK GAS QUOTATIONS IN THIS PAPBK.
W. W. WALSB
•GIO. H. PBBNTI88,
Member N.
each.
Y. Stock Bxohanae.
The said bonds must be presented and delivered to
Messrs. WInalow. Lanier & Co., bankers, 26 Nai-sau
Street, New York City, for account of the undersigned trustees, on or before the first day of .May,
1885. The interest on any bond not delivered by
that day shall thenceforth wholly cease.
Stock Privileges
NEGOTIATED.
OCTOBKR2-',
BOUGHT AND
WILLIAM
SOLD.
WANTED!
Calveston Houston & Henderson 1st mortgage
Kome Watertown & Oudensburg Ists and 2ds.
& Home Bonds.
& Northern Indiana Bonds.
T*rre }laute & Indianapolis Stock.
ING bonds
E.
December
Stock.
1,
»,„„.,„„.
Trustees.
S
THE FOLLOW-
is
HACHFIELD,
No. 6 AVall Street.
Cincinnati Kicliniond
Uoad
&
NEGOTI.\TED BY THE
ravel
Uoad
'
Choice Brst mortKaues In the best Farming Districts
tn Iowa Missouri, Kansas and Nebraska. Interest
paid at your own borne in N. Y. Kxchange. Twelve
St.
[8
8WEKT,
the oldest and largest institution In Kansas,
dTlng exclusive attention to the Negotiating of
high rates
of Interest. It has negotiated over $«>,000,000
of these loans for Savings Banks. Insurance Companies, Estates and private parties East. Send for
drctilar.
,
Farm Mortgages
In Snms of $100 and Upwards on In
diana and Oliio Lands.
NOTHING SAFER. ALWAY? PROMPTLY PAID.
BEND FOB PAMPHLET.
JOS. A. MOORE,
84 East Market St., Indianapolis, Ind.
THE
DECEMBER
Ve million
County
DECEMBER
TIK9T MORTGAGE LOANS UPON IMPROVED
FARMS. Interest and principal paid on day of maturity In New York. Funds promptly placed. I^ar^
No losses. Send for ciroalar, referencei
V.M. PERKINS. President; J. T.
L. H. PERKINS, Secretary.
CHAS. W. GILLBTT, Treas. N. F. HART. Andltol
•xperience.
«nd sample forms.
WABNK, Vlce-Pre<it.;
TO HOLDERS OF DEFAULTED
BONDS.
The undersigned
invites
correapondenoe
with
all WK8TERN DEFAULTED OR REPUDIATED BONDS of Cities, Counties, Townships
holders of
or School
Districts.
Will purchase at beat rates.
and address
Give
T. J. CHEWr, JR., St.
DECEMBER
tis.
Josepb, Mo.
Only the most desirable loans.
Absolute safety and satisfaction. 'J'lie KansasMissouri Ijoan & Trust Co.. Wyandotte. Kansas.
No
Water.
l-SE
New York
No
DECEMBER
10.
Brush.
THE
Moist Letter Copying Book,
MANUFACTURKD BY
Nenr Tork Stationery &. Envelope Co.,
No. 92 JOHN STREET. NEW YORK.
ai:d Sold.
Minueapolitii,
3..'0.
&
Minn.
Flagg,
O TV I>
POST, MARTIIV
CO.
3.
OTOCKHOLDERS OF THE BOCHKSTEIi & PlTTSBUUtJ
BROWN
WALL
SrHKK:T,
Nkw Yultli, November 25, 1884.— A dividend of
TllREK AND ONE-UALF PER CENT on the common stock, and TWO PER CENT on the preferred
stock of this company will be paid at this office on
the26tli day of December next. The transfer books
will close
1884.
December
3,
and re-open December
M.
SYKES,
L.
NEW
29,
Treasurer.
YORK, Nov.
25, 1884.
r|.ALTESTON HARRIS BCRR & SAN
ANTONIO RAILWAY COMPANY SECOND
MORTGAGE COUPONS due December 1 will be
paid on and after that date at the office of Messrs.
DBE.XEL,
ft CO., corner of Wall and
MORGAN
Broad
Streets,
New York.
CHAS. BABBIDGE.
Treasurer.
OF THE MERCHANTS'
AGENCY BANK
OF CANADA.
HenrvHaouE.
&
CO.,
PINE STREET.
FOR SALE— SUNDRY STOCKS.
J.
f.
No. 3«
WINTRINGHAH,
JiTUKKI".
PINK
Fifth
N.
IT.
Avenue
HOTEL,
& BROS.,
PIIICAGO & NOTHWESTERN RAILOH'KICE. 62
S.
lOshiires Brooklyn Academy of Music.
1 share Clinton Hall, with use of Mercantile I..ibr^
t'.liii) l^aokawauna & Bloomab'g Ist mort.7«, due Iddo.
lO'i sharea OtiaP:iev»tor.
20 Union Ferry.
RAILROAD
CO. and
t)tbers desiring to subscribe for the stock of the new
company, as proposed by the second mortgage bondholders of the Rochester & Pittsburg Railroad Co.,
must apply before December I next at the offices of
H.
No. 34
1S84.
The Board of Directors has this day declared a
Semi-.Vrnual Dividend of THREE PBH CB.NT upon
the capital stock of the Company, clear of alt taxes,
payable on and after November 29th, next, to shareholders as registered on the books at 3 P. M., October 31st, ult.
JOHN D. TAYLOR, Treasurer.
•^
Bought
Prlviite Bankers.
ABLE CAR TRUST ISSUES, ADDITIONALLY
SECURED BY THE DIRECT OBLIGATION OF
THE BAILROAn E«{U1PMENT COMPANY.
30.
Philadelphia, Nov.
full (f.escriptioD
MORT»SA<JEH.
Buz
CO.,
SPEClALTr OF THESE VERT
SAFE SECURITIES, AND BUY AND SELL BAMB
PRICE.
AT MARKET
WE OFFER A LIMITED AMOUNT OP DB8IB
Haricock County, Indiana-
^-UO.\D COMl'A.NV,
Offers to Investors the best securities In the market
P. O.
S'«j]C4
Car Trust Bonds,
20 Nassau Street, N. Y.
LAWRENCE, KANSAS,
BLAKE &
Choice Mortgasres on Improved City 1 roiierty.
WB MAKE A
9.
County, Indiana7s.
WALSTON
Co.,
Bank and o Uer
13
6.
White Countv, IndianaGravel Road 6s.
WEitTERIM
Farm Mortgage
InTr^cf-rr-i^nf-c
llVCallllCllLa.
Mortgage 7s. series '* F."
Second Mortgage 7s, series " M."
New OrleansFirst Mortgage lis.
TREASURER'S DEPARTMENT.
CHOICE FIRST MOKTt; AUE LOANS at
STANTON.
Minneapolis, Minn.
attention given to
„„.-.„.,„ Srecial
""«'-''""»
Itemittan
Coll eCtlOnS.^
ces on day paid.
First
RAILROAD
PENNSYLVANIA
^
GEO. M. NOBLE, Sec
Pres.
W. OPDVKE,
BROKERS AND DEALERS
1.
Miami County. Indiana—
Gravel Road Os.
TOPEKA, KAN.
T. B.
C.
J. 8.
Re-organization Committee.
Charles Street RK. Co. of
County
THE
Kansas Loan & Trust Co.
HALSTEAD,
GRINNELL BURT,
D. B.
Wayne & Chicago BB. Co.—
Co., Bankers, N. Y. City,
Illinois.
s.
DKCEMBKU
Pittsburg Fort
Oilman, Son &
Mkkciiants' National Ba.nk. Chicago,
from
Mortgage Bonds and other securities, with the
amounts of assessment thereon, must be deposited
with the Central Trust Company on or before Monday, December 1. 1884.
CHARLES J. CANDA, Chairman, 53 William St.
luilty 5s.
First National Bank, Corning, Iowa.
years* experience in loaning for Private Investors
and Trust Funds. Send for circular giving full particulars as to loans, references, etc. Interest from
date of receipt of money.
„ ,.
Chas. C. NOKTO.N, Cash'r. Lew E. Dakhow, Pres't.
of re-organization can now be procured
the undersigned. To avail of Its benefits. First
Reed
MArion County. Indiana—
'i
MAIN LINE.
The plan
Duncan Building, Cor. Nassau & Pine Sts.
ENTRANCE No. 11 PINE STREET,
Mineral Range Railroad Co.
First MoitgageSs.
^
Ohio Central RR. Co.,
Wayne RR. Co.—
Fort
7s.
Howard County, Indiana—
(i
m
Os.
First Mortgii^'O
Safe Investments.
CENT 150NDS and MORTGAGES
PER
5
York.
PRR
18»4:
Allen County, Indiana—
(iravei
New
115 lif-nadwny,
AXD
7
8
CENT FAn:d MOHTGAGE.S.
CumiifUnt with safety it is fair to suppose that aJl
}e>}(le)->i win Keek the most re miuierat ive channel for their
funii». Our loans are the safest and
xt retnu'neraiivti
securities to bt had. Large and »mall inrfMors should
cnU for information. Collr Hon of interest as sirnple
a:* upon a Government bond.
Inerest and principal
payable at owr office in New York. All Utans entered
upon our books and cared for durinrj their term.
"'«'
)
payable at the banking house of
Messrs. WIN8L0W, LANIER &CO.,comerof Nassau and Cedar Streets, New York City, on and after
OswciJO
ALBERT
LANE.
S.
^pHE INTEREST ON
Bs.
Jiilict
Grand Rapids & Indiana Bonds and
1884.
CHARLEMAGNE TOWER,
INVESTMENT SECITRITIES
TheCorbin Banking Co.
is
M
BROOKLYN SECURITIES
Fluaticial.
Sec.
RAILROAD COMP.\NTf
WESTERN
''or Ml.V.NKSOTA (now ST. PAUL & NORTHNotice
NEW
ST.,
fVou XXXIX.
SladtKon Square,
NEW YORK..
The Liirgest. Best Appointed and Most Liberally
Managed Hotel in the City, with the Most Central
and Delightful
I-"H«f.^'g
&c00K. DARLING * CO.
Groesbeck
&
Schley,
MEMBEK3 NEW YORK STOCK EXCHANGB
26
BROAD
ST.,
NEW YORK.
&
Spencer Trask
Bankers,
Co.,
61 Wai.lSTHKKT,
i .„,.
John B. HAKRls,Jr.. S •*^"- New York, Nov 25,lf84.
Notice Is hereby given that the coupons due 1st
Deceml)er ne.xt on lK>nds Nos. 1 to 2.400. incUisive,
Issued by the
COMPANY. OF CANADA, will be paid
In London, England, or on presentation at this office
at option of the holder.
Nos. 16 AND 18 Broad Street,
T>HE GALLATIN NATIONAL BANK,
Connected by Private Wire*.
No. 38 Wall Street New York, will, on and after
December 1st next, purchase at par the c«>upons ma'
turlug December 1. I88», on the Consolidated First
Mortgage Bonds of the Rochester & Pittsburg RailA. W. SHERMAN, Cashier.
road Company,
Philadelphia, 132 South Third Street.
Albany, N. Y., 65 State Street.
Providence, R. I., 13 Westminster St.
Saratoga, N. Y., Grand Union Hotel.
RAILWAY
I
Private Wire connection with FliUadelphl^
Baltimore and Waeblngton.
Banking Business
MANITOBA* NORTHWESTERN Transact a General
Branch Offices:
.
I
"
—
xmtlt
0iiiiiitrfl*
AMD
HUNT'S MERCHANTS' MAGAZINE,
REPRESENTING THE INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
(Eutcrcd soconUng to act of Congress, In the year 1884, by
VOL.
Wm.
B.
Dasa & Co.,
In the oOloo of the Librarliin of
SATURDAY, NOVEMBER
39.
29,
Congreu, WoshloKton, D.
NO.
1884.
C.I
1,014.
CONTENTS
At New York the decline from last year reaches 180 per
cent against 33'6 per cent November 1.5. The sales of stock
THE CHRONICLE.
aRgregate a value of 102,915,000, against $128,960,000 in 1883,
Mouetary and Commerolal
^i)l
Clenriiig-Honeo Returns
if we deduct double these amounts, there will remain for
and
597
5li'2
EnslishNews
The Fiiiancliil Slliiation
594 Commercial and MlsceUaneons
Our Available Odd Supply
the exchanges arising otherwise $366,881,509 and $434,531,400,
599
News
595
The Erie's Report
or a loss of 13-6 per cent. Outside of New York the exchanges
THE BANKERS' GAZETTE.
reach $357,975,2.'>.5, against $283,204,909 a year ago, or a decline
602
and
Bonds
of
Stocks
Quotations
ExForeign
Market,
Money
Kullroad Earnings and Bank
of 8-6 per cent; last week the loss was 17'9 per cent, and on
change, U.S. Securities, State
003
Returns
and Railroad Bonds and
November 8 reached 10-8 per cent. Presented in our usual
600 Investments, and State. City
Sto k«
and Corporation Finances... (iU4 form the returns from the different cities are as follows.
Bange In Prices at the N. Y.
601
Stock Exchan«e
|
i
THE COMMERCIAL
TIMES.
Week Eiulint Xmember 22.
6'3
614
607 Breadstuffs.
60{< Dry Goods
Commercial Epitome
Cotton
I
I
1883.
18Si.
New York
fVetk
EfuUnt Nov. 15,
I
Per Cent.
I
-18-6
Percent
ISSi.
$527,541,755
-82-ft
(1,5(19.504)
(-»8)
(619,300)
(+8eo>
('n.788.000)
(+4-6)
(-45-4)
|S5S,T11,509
$682,451,400
iStocta..,.sharta.)
(1.845.91*)
(1.587351)
(-15-2)
(Ctton.... baits.')
(6-2,100)
(377,000)
(+73-3)
(—ill)
(-550)
—3-8
—4-3
—11-1
-12-4
$62,930,956
4,278,700
1,348,136
—
yatea of
Tn
I
COMMBBCIAL AMD FlIfABCUL CHBONICLB W ptlMsked IB
New Fork every Saturday morning.
Kntered at the Post Oflioe, New York, N.
Y., as secondKjlass
TERMS OF SUBSCRIPTION-PAYABLE
IN
mall matter.
ADVANCE
i
$10 20
6 10
For One Year (Including postage)
ForSixMonths
|
do
(Grain... busheti)
(84,273.000)
(59.172,000)
iPctroleum..bbts.)
(43,141,000)
(95,092,000)
107,080.531
4,533.600
t6i).70C,264
Boston
Providence
Hartford
1,468,475
4,788,200
1,671,352
New Haven
1,098,932
],2!M.024
Portland
913.939
Worcester
721.8M
931,051
816,746
837,556
*2 78.
Annual subscription in London (including postage)
fprinjrfield
*1 89.
do
do
do
Sixmos.
Lowell
These prices include the Investor-s' Supplement, issued once in two
Total N. England
months, and furnished without extra charge to subscribers of the
Chronicle.
,
^
^
^
j
Philadelphia..
Subscriptions will be continued until definitely ordered to be stopped.
The publishers cannot be responsible for remittances unless made by
Drafts or f ost-Oltice .Money Orders.
A neat tile cover is furnLshed at 60 cents postage on the same Is 18
eeuts. Volumes bound for subscribers at $1 00.
Offlcea tn
office of
the Commkkciai.
England.
London
E. C. where
In
with Messrs. Edwauds i t*.«iTH, 1 Diapers' Gardt-ns,
subscriptions and advertisements will be taken at the regular rates,
and siiiKle copies of the pai)er supplied at Is. each.
The oltico of the Ciikosiclk in Liverpool is at B 15, Exchange
Buildings.
Is
WILLIAM
JOHN
O.
B.
DANA.
FLOVD.
&
Pnbllshers,
Co., Publishers,
Co..
'WI1.I.I.V7I B. D.41VA
81 Wiiliaiu Street, fikW
1»
>
)
&
>
Post Ofi-ice Box »oS.
YORK.
586,776
$72,330,490
-18 3
-14-3
-18-7
-1-S
$37,740,784
7.182,238
-32-0-
12,135,989
-SS-ft
-15-5-
—W*
J53,'>87,778
Baltimure
13,253,413
9.695.388
13.427,0S6
$67,797,519
$7^,990.2,12
-11-9
$57,059,005
$43,258,218
^,219,200
3.e4a.0}l
-9-7
—13-3
—16-3
-9-5
-e-8
+0-2
-8-7
—4-2
$44,631,948
9,030,600
8,804.131
-100
$aO,5S0,880
Detroit
iDdianapoIis
2,:06,878
Cleveland
2,2ai,SB'
Columbas
1,218.093
957,76
$47,916,063
10,629,250
4,346,219
2.800,2:9
1,482.261
2.22S.879
1,336,273
1.000,390
$04,752,531
$71,942,553
Cincinnati
.Vlilw,.iukee
1,4S1,'
Peuria
St.
Louis
S
Joseph
.
52
-1-*
-1-3
4-3
$4«.IR0,738
8,3«3,3"0
Total Middle....
-141
—28-8
-5-7
-)84-4
-
I
-16»
889,870
875.720
575,989
-8-S
-17-4
Ftttsburjf
Total Western...
CLEARINO HOUSE RETURNS.
-ire
$80,518,869
Chlcajzo
axu Fi.sancial CHROjncLE
1,197,730
-2-8
»*7.106,5a9|
;
The
7M,91I>
484,aSS
(50,060.000)
-10-7
-204
-I-8-5
-3-T
1,572,112
2,S8S427
1,324.879
838,385
$15,502,352
5<2.012
$14,300,539
625,521
13, 351,518
-fS'O
11,369,353
—18-3
-6»
-14»
— 12-8-e-2
-21-4
-18-1
New Orleups
recorded a general and quite satisfactory improve- Louisville
-«rO'
3.f00.208
3.-78.510,
+33-3
4.289.193
3.703.5e0j
volume of exchanges for the week ending with Kansas City
+3-91,761.173
2.088,006
.Memphis
less
make
a
which
cities
only
eight
Saturday last. There are
-7-4
$30,512,279
Southern;
Total
favorable exhibit tlian on November 1.) last, viz.: New Haven,
-25-5
$11,919,372
Portland, Worcester, Lowell, Milwaukee, Detroit, St. Louis, San Francisco
—
28»
$772,065.793
—157
t964.«5a.309l
$813.fl85.764
Total all
and Kansas City. On the other hand many, in fact mo.st all
approximate
which
the
clearings
of
record
few
centres
of the important
By telegraph we hare received returns from a
more closely tho.se of a year ago than in any statement we leading cities for the five days ended with Friday evening.
have previously presented. Thii is certainly very gratifying. The figures really cover but four days, there having been no
A fact which should bj remerabereJ in interpreting these transactions on Thursday (Thanksgiving holiday), and the
There
ment
is
in the
,
—
1
and which renders this exhibit the more satisfactory,
the material falling olT in the value of commodities during
the year. Tims for instance wheat (No. 2 spring) was selling
results,
New York stock sales in
is
ation
in
now it is (i|Uoted 76(3 77c., a
about 30 per cent. And just at this season of the
is no item so important as wheat in the make up of
New York a year
decHne of
ago at
.$1
09;
year there
our Northern and Western exchanges. But besides wheat,
every article of breadstuffs, and in fact every product sold,
whether of the soil or of the mill, shows a loss in price,
Remembering tliis, great encouragement may be drawn from
these figures. They indicate the turn in the tide which, with
favoring conditions hereafter, affords a fau-er promise for
coming months than ha? been recently anticipated,
1883 embrace only three days. EvacuThe e.\the Exchange
Day having been observed on
when compared with
hibit is quite satisfactory
also
Fire Dai/s BiuUng Xov. 28.
1881.
1
$388,320,918
Sales of Stock (ahs.)
(1,053,188)
1883.
$28,414.0721
8.e2J,»7t
Louis
Total
9,381,838{
$400,938,499;
\per Cent.
-82
$395,797,006;
(4S6.645) (+1S1-8)
Not! received
Philadelphia
St.
last
year and
with a week ago.
|
$32,683,436
..
-
-131
Fire D'y> Knd'« .Var.2I
U84.
$470,080,399
(1446.539)
$66,130,019
39.104.700
11.410.338
PerCtHt
—10-1
-41
-14S
!',90B.022
-10
11,994,562
-21-8
12.088,087
-10«
$449,381,126!
-t>3
$JX«<,(8),M8
-17-0
.
THE CHRONICLE
592
[Vol.
XXilX.lJ
THE FINANCIAL SITUATION.
there seems to be pretty good reason for stating that eastbound rates are being maintained, while the issue of round
progress
in
been
The improvement in business which has
trip passenger tickets has probably been stopped this
begins
to
apparent,
still
which
is
the last three weeks, and
week. The disposition thus so plainly shown to limit
directions.
and
various
ways
in
its
existence
leave marks of
and contract the contest, certainly indicates an aniand
exchanges,
of
record
give
our
wo
previous
page
On a
r.^.us in the direction of compromise and settlement, and
this
eviis
especially
reports
current
confirm
fully
they
dent when we remember the lesser values prevailing now. this accords with the inducements for peace enumerated
;
more of our markets are coming within its
and the statement is quite uniform that for the
closing days of the year the results more than meet anticiThere are likewise indications of a similar charpations.
acter in the railroad earnings, some of the latest compara-
above.
decided in both transactions and prices.
million less than the year beforehand
Then
again,
Another important and encouraging fact, is the state of
Yesterday the Bureau of Statistics
issued its figures for October, and they show a much
better balance than was anticipated. Imports were only olf
millions, being less than for any October since 1879, while
many
for
exhibit
tive statements of traffic, making the best
exports were almost as large as last year, only half a
been
the
has
recovery
"Wall
Street
also,
the
a week. In
influence,
"With regard to the
the change
is real" or
of the times
;
difficult
latter, it is
permanent.
It
how
to siy
far
our foreign trade.
than in
There are
also
good
properties,
some indications that
the
all
and instructive shape.
must
So
prevail.
far
week
as this
cerned, the cutting in the East, in the
is
West and
con-
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 connections have shown no less recklessness, while the contest
between the Erlanger system and the Louisville & Xash;
ville
EXPORTS AND 1MP0BT3 OF MERCH.INDISE.
rail-
road wars are to be brought to a speedy end. But until
that is accomplished, more or less uncertainty with regard
to the future
1879.
1830.
1881.
1882.
1833.
1884.
*
%
t
t
$
69,409,19-1
68,997,173
74,078,962
59.958,673
67,733,807
84,921,051
56,606,533
80.380,253
64,828,737
March
66,154,745
77.851,820
64,841,868
85,068,794
70,885,615
62,613,872
April
77,350,5*7
70,660,538
t
73,989,607
61,248,628
58,210,431
May
52,355,380
65,686,477
61,140,170
49,178,988
Mercliandlse:
Bxporti—
January
February
—
. .
86.855,230
57,952,376; 80.903,005
49,893,564
48,811,687
June
45,095,081
72,132,304
51,077,9'.6
July
60.1)31,858
71.015,530
63.450.279
63,033,815
58,088,194
54,330,811
54,017,611
52,884.081
54,580,593
Auijust
68,680,068
67,192.656
67,514,718
62,714,203
81,4-J6.749
54,188,706
September
O.tobcr
65,444,0» 71,828,807 62,491,379 63,815,827 51,,28,052 53.833,094
.
87,7;«.99»
85,687,234 ;68,018,616
71,547,973
72,603,813
63,330,528
71,072,743
Total... e01,97o,757 707,7S5,0J8 668,415,994 594,016,400 839,565,»20 578,187,602
connections has been prosecuted in an equally deter-
ImportsJanuary ....
33,515,640
53,20^,483
45,284,858
50,936,284
68,971,198
54,310,617
Altogether, an observer might have said
February....
33,373,419
65,647,471
47,759,498
58,826,926: 56,300,518
March
41,856,611
64.710,607
61,863,130
mined manner.
week that our carrying arrangements April
May
•were as near chaos, and the roads approaching general June
insolvency as rapidly, as it was comfortable for either them July
the early part of this
or the public to realize.
And
week
yet as stated, the
as
may
it
wan'ing
closes is not
come out
of this
by the
evidences, that order
speedily
settlement yesterday of the controversy in the "West, be-
tween Chicago and Missouri River points.
belief has
many
Still
a like
times prevailed before, only to be followed
by disappointment,
August
September
October
70,880,561
60,709,174
83,803,801
42,138,101
74,388,155
59,179.614
86,301,187, 57,006.905
35,876,046
61,878,680
60,514,563
65.503,722
68,920,809
68,35'3,029
58,274,537
54.163,038
56,155,044
62,689,849
61,791,122
52,133,319
57,304,982
86,263,063
52,432,671)
63,804,878
56.9,80,930
55.U3.839
61,731,293
55,713,802
58,958 820
65,718,433; 68,633,731
63,409,-587 61,120,414
60,626,980
53,223,65!
64,033.68)
61.438,782
61,713,433
38,890.451
41,887.507
.
43,082,709
44,224,878
47,789,142
80,780,603
57.583,978
51,295,718
Tota'.... 403,632,584 602,322.507 556,214.081638,159,478 578,384,254 311,5 ;8,0M
confusion, thai feeling being further encouraged
in
three millions larger
following comparative statement,
conforms to the signs which we have prepaied, gives the result in an interesting
and, undoubtedly, of the
the floating supply of stock on the street has materially
lessened.
The
1881.
The foregoing
indicates
a balance in our favor of
millions this year, against 15 millions in 188.3
lions in 1882.
In fact
larger October excess.
we must go back
This
is
1
9^
and 10 mil-
to 1880 to find a
very satisfactory under the
—
and the knowledge that conditions of our currency in fact it is quite essential in
that view; and yet such small imports are only an evidence
hope.
Now, however, there is a feeling also prevailing, of our commercial distress, the distress being itself made a
that the managers who are engineering these contests may necessity
a means to an end just because we will persist
have a new incentive to quicken their efforts and sharpen in issuing silver and silver certificates and must therefore
their desires for settling their disputes.
This is found have gold with which to fortify our position.
in the improvement in the general situation, the better
This s'atement looks as if we might draw further
traffic reports that are coming
in, the
freer arrivals considerable sums from Europe and force the Bank of
of produce at the Western centres, the movement of a England rate up higher. The Bank certainly has no gold to
very large corn crop just beginning, the early close of our lose, while its present 5 per cent minimum is doing very
water-ways throwing all carrying business upon the rail- little towards replenishing its stock.
But the Bank of
roads, and the opening of the New Orleans Exposition the France has a large reserve which is being freely used to
middle of December; for these are all straws which supply current wants, the late demand for Egypt and the
indicate or foreshadow the direction which the current Greek loan having been in good part supplied from that
for the wish,
sooner or later such
is
the inevitable end, encourage that
—
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 wanting other signs of an approaching end to the trunk line
country,
—
(^ur trade in
November
ought, however, to
show
even better than October, for the movement of produce
has been fair, while the exports of cotton have been
unusual in amount and in this we see the chief explanaEvidences of weariness have become quite ob- tion of the easier rates for foreign exchange as the week
vious in one at least of the contestants, and efforts at a closes. It was only the inquiry for the long bills for invest
compromise are generally believed to be in progress. Even ment that gave the recent firmness to the market, the
exhaustion is hinted at, and if tlie bondholders are in control importers' demand being very small, so that a further fall
and mean to protect themselves, there can be little doubt of of rates and the resumption of specie imports seems quite
;
dispute.
the urgency for a settlement.
to
the
running
of a
new
rates, local
road,
ferry
and
as
with
paying expenses at present
and through, anyone with knowledge of railroad
limited connections, and
business
Whatever may be claimed
must admit
that
all,
still
it
is
impossible.
Then, again.
likely.
Wo
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 Aus-
tro-Hungary, and that he is intending to begin operations
Still it is not at all probable that any such
at once.
1
1
NOTEMBER
20,
;
.
THE CHRONICLE.
1884.
693
measure could be successful before the spring or summer against only $42,942,000 on Juno 30, an augmenUtion of
months, for if made now the attempt might prove vo'y just 3J million dollars in the three montbs. How or why
disturbing, or at least put European flnancos in quite a this addition was effected it is not so easy to (Ute, but it
seems that on the other side of the account there ia «a
strained condition.
The feature in the stock market this week has increase of two million dollars in the item of "stocks sod
been a quite general atlvance. The rise in Chicago &
Northwestern followed almost immediately the announce
What
bonds of other companies.''
resents
we cannot
two millions
this
May
of coarse say, but last
rep-
the directors
mcnt that the directors had declared the usual half-yearly were authorized to advance, jointly with the Pittsburg ii
and that after its payment a satisfactory Lake Erie, that sum for the completion of the Tittsburg
St. I'aul, as was the case las
McKeesport & Youghiogheny, and take bonds or stock of
surplus would remain.
dividend,
sympathized with
movement
in Northwest. the latter road in return, disposing of the same on such
bonds advanced on terms and conditions as the board saw fit.
So it
the announcement of the sweeping change made in the is possible that the increase may be* in part at least
board of directors and on the promire by the new president on that account, the Lake Shore issuing its own bonds to
that the road would be managed with the strictest economy obtain the necessary money to advance to the Youghiogheny
and that all useless offices would be abolished. New road, and holding the latter's securities in its treasury for
York Central advanced mainly on free buying, in the time being. Then some part of the increase in the
week,
Erie stocks and
the
second consolidated
may
part for investment, but latterly probably to cover short
debt
The movement was aided by rumors of the speedy
Lake Shore was influenced
settlement of the rate wai-.
by the same conditions, the stock being largely oversold
on rumors tliat- Mr. Vanderbilt had lost control. Strangely
enough, the fact seemed to dawn on the street about the
fixetl
sales.
time of the general advance that the board of directors
is
we
be supposed to represent the conversion into a
form of a corresponding amount of
notice
current
the
that
floating debt, for
liabilities
now aggregate
$4,405,096, including in this $877,117 of interest accrued
but not yet due, against liabilities of $5,056,481 on June
The position of the
30 without any accnied interest.
company as respects floating debt would therefore appear
majority of the present boa'd would
to be a comparatively easy one, for against the $4,405,096
might represent a minority of the stock.
of current liabihties, it has $1,505,900 of current accounts
Lake Shore (6 Michigan Soulhern, however, filed its due it and $87,508 of cash, reducing the debt to about
report this week for the quarter ended September 30 with 2| millions net.
the Commissioners at Albany, and the same was made public
Pennsylvania's statement for October is more unfavorable
yesterday morning. This report is interesting not only as it than any monthly exhibit issued since last January.
It
shows the extent of the road's income in that ciuarter,but also goes without saying that there was hardly anything favorbecause it indicates the amount of its floating and funded ing traffic and rates in this month, but it was hoped that a
"With reference to the income, the follow- diminution in expenses would be effected which would go
indebtedness.
ing are the gross and net earnings and the payments there- far to wipe out the loss in gross earnings.
We find, howfrom, in comparison with the previous quarter that ended ever, that the lines east of Pittsburg, on a decrease of
June 30 and also in comparison with 1883.
$427,801 in gross receipts, had a decrease of only $134,.
353 in expenses, so that the net have suffered a contrac3 montlis
classified so that the
hold though
it
—
—
8 Months tnOfd .September
80,
eniUd
Juiifi 90,
18S4.
188J.
|3,741,80U
2,221,916
%i 510,230
1884.
i
2,476,627
1
$3 538,373
2 0?n.211
Net earnings from operations
* 1,519,85:1
12,063,712
tl,508,167
Taxes
* Int. on funded debt X ooRuar. stock
•Renta 9
:tI3S,000
85;,713
1132,550
tiiuoon
•
>.
lll,2fW
Remaining for stock
*
"I'O"-*
874,702.'
U0,272
*
1
$1,009,009
tl,007,?61
»l.037.2fl.'5
t420,£M
tl,056,45l
ti-iO.WH
P roportlon for quarler.
These were- both particularly bad quarters for railroad
tion of about $300,000
—
in exact figures, $293,448.
only fair to say, though, that this
that were unusually large.
the falling off
is
On
is
on figures of
It is
last
year
the lines west of Pittsburg
not quite so striking as heretofore, the
decrease from 1883 being $137,360, but this
is
because
heavy loss in the previous year, the
surplus then having dropped to $268,853 from $513,209
Taking Eastern and Western lines together,
in 1882.
there is a decrease of $430,814 as compared with 1883,
and a decrease of $490,732 as compared with 1882 very
these
suffered a
lines
—
was perhaps worse than the preceding, largo for a single month in either case. How the present
so much so that it has been repeatedly declared that the figures compare with previous years back to 1879, is shown
road had not earned fixed charges in that period. VTo see in the following for October and for the ten months to
now that so far from this being the case, there was a the end of October.
suiplus remaining for the slock but liltle smaller than in
Linet East of
1881.
1880.
18791
1883.
1882L
1884.
PIUsburQ.
the quarter ended June 30.
In that quarter the surplus
S
*
Ocliber.
t
t
«
t
was .$470,902, and now it is $420,344. Of course, this is
4.447.547 4.878,e»8 4,660,091 9,«7«,07tl 3,888.714' 3,518.144
Gross earnings
8,3i7,mo:
i3a«,ais
2,eiSfl.l9«
S,619,S1S
2ai>4,tiiii
other
2.321,340
imsatisfactory as compared with the same figures in
Operat'g expenses
but the
traffic,
last
—
yeai-3,
as
is
evidenced by the fact shown in the table that
months ended September 30, 1883, the road had
a surplus of $1,0.J6,451, or $103,000 more than in the two
Met earnings..
Western Hoes
2,040,7Ui 1.333,l»l| l,Cs8,i>ll3 i,e83,9a*
208,633 +618,200' -f,"k,«,80Jj -1-418,170 -;398J81
1,92S,701
2,219,149
+131,487
-f
2,'.07,18S
3,488,0021 8,533,i>i"0; l,0C4,984
in the three
quarters this year combined.
eral situation,
had
to
earned
contend with,
1
Still,
considering tbe gen-
and the many adverse features the road has
it is
satisfactory to
8-10 per cent for
year, or at the rate of
3-|
its
know
that
it
has
stockholders in the half-
is
the increase in the item of interest
on funded debt, which reaches $61,000, being
at the rate
of nearly one-fourth of a million increase in a year.
once suggests an increase in debt, and
ination that the funded debt
now
is
we
find
This at
on exam-
stated at $40,442,000,
2,lO«,B<j3j
2.V7«,H3
Oct. 31.
40.840,616 4J,TB9,865 40,848,834 30.r59,212 S4,1S7.3£; i9,0g4,8»*
Gross eamlnKS.
Openit'K expenses. 25,378,685 29,47J,559|V4,90S,61»^I,H01.37J a0,0ei,«3O16,«aMl»
-
Net earnings..
Western lines. ..
Besult
;3,467,a«l 10,205,6111 15.645,212114,750,887 14, 11 4,8117
-ei3,03e -1-1163 211 -1-1880,981 1-««8,677 -^2614,738
14.940
Va
result for the
in either 1883 or 1882,
1881,
when
H.ST»,0»
-(702,018
17.458l»07 17.g2«,188!l7.829J14|IB.«».43» U.Ohl.OtS
Thus while the net
per cent for the year.
In comparing the present with the previous quarter, an
interesting feature
Bosult
Jan 1(0
it is
month
is
smaller than
very materially larger than in
short crops and the rate
war
retluced net earn-
on the comliined svstem
on the Western lines the result is the poorest of aH
The same may be said of the figures
the years given.
ings to a minimum.
This
for the ten months,
there being a deficit this year
ia
on
.
THE CHRONICLE.
694
these
of over lialf
lines
million
a
over a million
surplus of
in
against
dollars,
and over 2^ millions in botli
On the Eastern system, on the other hand, the
1880.
showing has been better in each succeeding year, till the
present, and this made the result on the combined system
in 1883 the largest on record
from which we now have
the heavy falling off of over '2i million dollars, $800,000
on the Eastern lines and $1,700,000 on the Western lines.
Bankers' balances remain unchanged at about 1@1^ per
cent, though yesterday there was a temporary rise to 2^
per cent, caused by the preparations for December interest
and dividends. The domestic exchanges on New York at inin
half
OUR AVAILABLE GOLD SUPPLY.
a
and a
1881 and
million
a
1883,
1882,
—
terior points, with the exception of the South, reflect a tend-
XXXIX
fVoL.
I.
—
The question is asked suggested by our remarks of
week what 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
—
last
Mint Bureau is so very large already and increasing year
That is perhaps a fair question from a silverby year ?
man's standpoint; and yet even if we should admit the
statements
contains,
it
we cannot
see that the necessity for
would be any less pressing. The idea is that capital
knowing the natural effect of a forced inferior currency,
action
fears the operation of the silver coinage law,
timidity
is
and that that
The fear is positive,
banker you meet, if you doubt
preventing enterprise.
ency of money in the direction of this centre. The efforts
unmistakable, ^ask the first
of the leading banks of this city to establish a maximum
it; the conclusion is our own, but equally undeniable, being
rate no greater than 2 per cent to be paid on balances of
based upon the known sensitiveness of capital. We see
interior institutions, have been generally successful, and
nothing in the question then that makes Congressional
as soon as money becomes more active at the West we
action any less necessary as a preliminary to business
may
made up from
4;he week's receipts
the
The following
by us, exhibits
gold and currency by
look for a withdrawal of these deposits.
-statement,
New York
even
revival,
we should concur
if
its
assumptions of
and shipments of
fact.
Yet
for the sake of gaining a clear idea of the actual
banks.
condition, suppose
Walt SnMna Nov.
in
returns collected
Btceived
2i, 1884.
try
If.T.BankM.
NUInUrior
Shippedhv
N.T.BankM.
we admit
a large stock of gold
in
Jlovement.
for the
moment
the country, but
that there
like
is
Captain
hidden away somewhere out of sight,
what use would that stock be as a reliTotal ROM andlemU tendon
t934,00a
tl,040.000
Loss..
«36,0t0 ance in casei of need ?
Or, taking the situation more as we
$600,000 of this was tran.sferred In the sliape of silver certificates find it, say that a part of it is visilile, but that no commer•by a deiwsit of gold iu the Sub-Treasury.
The above shows the actual changes in the bank holdings cial distress, no lack of business activity, no want of any
of gold and currency caused by this movement to and from kind, however pressing, is able to bring any fraction of
the interior. In addition to that movement, the banks have the other part into sight— of how much importance in this
the portion of the stock be which is so
lost $500,000 through the operations of the Sub-Treasury discussion would
effectually
buried
?
We may tickle our vanity and deceive
-and have
gained $1,000,000 by imports of
gold.
the
frequent
repetition of the larger figure,
ourselves
by
Adding these items to the above, we have the following,
1981,000
QoM
»400.000
•010,000
Oain
.
Loss..
(J-U.OOO
C40,030
Kidd's treasure
out of reach,
—
it is
of
which should indicate the total gain to the New York but the significant fact is that the country's endurance
House banks of gold and currency for the when the trial comes, will be tested only by the available,
week covered by the bank statement to be issued to-day. not by the unavailable stock be it large or small. Two
weeks ago we made up the visible supply of gold. This
Week Endins Xov. 28. 1884.
Out of Bantu Net Change in
can
only be done with accurasy when the National Bank
Bank Bolditi'jj,
Banks* Interior Movement, as above
returns are called for at the close of a month, as only then
f084.000
11,010,000
Loss.
$36,000
•Clearing
'Sub-Treai. operations
& gold
Impt \
Total told and legal tenders....
l.OIJO.OOO
500,000
11.984.000
Gain.
SOO.OOO
Gain.
1414.000
the date corresponds with the date of the Treasury state-
This was the case witli the last returns, and through,
England gained £166,000 bullion during
the kindness of the Comptroller we were able to publish
the week. This represents £184,000 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
The Bank
ment.
of
last
report has gained
7,240,000 marks.
The following indicates the amount of
bullion in the principal European banks this week and at
the corresponding date last year.
November 27, 1884.
Gold.
November
29, 1883.
Nov
VislMe Supply of Oold.
1,
Nov.
1880.
In
the
Treasury,
less
Oold.
Silver.
19,919,209
22,100,60,1
41,312,239 41,253,522 38.426,805 10,334,877
6,976,250 20,928,750 7,305,750 21,917.250
certificates
-Bank of France
Bank of Germany
. .
Total this week
Total previous week
08,207,693 62,187,272 67,833,164 62,25-',127
,971,957: 61.S68,6T0 K7.47n 3")2 61.60-* iiOH
The Assay
OfBce paid $186,19;) through the Sub
Treasury for domestic and $651,518 for foreign bullion
•during the week, and the Assistant Treasurer received
the following from the Custom House.
Consisting
DaU.
—
JS'ov.21
••
-22.
" 24.
" 25.
" 26.
07
08
62
26
06
$1,000
9,000
8,000
3,000
5,000
$1,8:8,336 09
$29,000
$378,217
398,652
511,567
290,540
239,409
" 27.
Total
of—
JI.S.
Gold
Silver Oer-
Notes.
Oertific's.
tijicatet.
$152,000
127.000
225,000
126,000
77,000
$.32,000
09.000
106,000
51,00j
34,000
$190.00
19J.000
1,
Sept. SO,
1883.
1881.
7,S9•^,500
97,570,057 117,185,000
18.255,300
20,250,000
.253.6.12,1511 291,905,569 260,455,297 273,170,117l2(i7,«49,3(M
The point of chief interest to be noted in the above, as
we remarked at the time we prepared it, is that the total, so
small in
itself, is
a diminishing quantity, notwithstanding
the Mint Bureau says that the stock of gold has increased.
Furthermore, this shrinkage has been in progress at a time
when
business transactions,
and therefore the uses for
and when the people have been growing poorer,
and could not help contracting the hoards they are
Must we not under such circumreputed to have.
stances then, take the quantity in sight as quite near the
extreme limit of our available supply for
110.000
123,000
purposes
$789,000
all
commercial
?
And now what
$292,000
94.127,."t24
173.00,1
Holiday...
$707,001
Nov.
gold as active circulation, have been constantly decreasing,
Duliet.
Oold.
Total gold
1,
l(-82.
In national banks, in
oludlnK certlBcatea... 102.851.033 107.222.169
In gtate ounk.s. Includ17,102,130' 19.901,491
ing certlBcutes
'
Bank of England
Nov.
«
t
133,679,349 167,781,909 148,439,473 157,353,760 130,514,334
.
Silver.
1.
1881.
are recjiired
to
are the offices this 268 millions of gold
fill.
Let us
recall them.
(1) It
must
NovKMOKii
THE CHllOXICLE
30, I8$l.l
serve as a basis for local domestic traAsactions and ensure
the convertibility of bank deposits in each neighborhood;
695
THE ERIE 8 REPORT.
The publication of the report of the Now York Lake
by the banks .Septoinl)er 30,
& Western Railroad Company for the fiscal year
Brie
only about 74 millions wore in New York, the balance
September 30, is significant as marking the close of
ended
being distributed as usual throughout the whole country,
thus of
tlio i:t7i
millions held
being needed for neighborhood purposes.
(2)
It is
the
Mr. Jewett's connection with the property.
As
originally
succession to the management was received
Government transactions, a consid- Mr. Jewett's
local
for
basis
with deci'Jed favor, and his continuance in power deemed
erable portion of the Government stock being quite
most auspicious for the company, so now his departure is
permanently held at depositories ouUide of New York city.
(:j)
of
It
serves as a perpetual assurance of the convertibility
3;ir>
millions of
banknote
circulation.
(4) It is
the
guarantee fund for the redemption of the 347 million
legal tender notes.
(5) Finally it is the fund to supply all
regarded with positive satisfaction aa indicating the
dawn
of a better era for the concern.
Not unnaturally Mr. Jewett
takes occasion in
this bi»
communication to the shareholders to review the work
accomplished by him in the ten years during which
the demands and purposes of our external commerce.
he has been at the head of the undertaking, and directsDo not the above, suggesting such a little base for so big
attention to
the many improvements in
the conabundant
explanation
furnish
to
a superstructure, seem
property
and
plant that
have
been
dition of the
for the caution which capital now exhibits and for the
unquestionably the Erie
Most
effected
in this period.
A nation
lack of enterprise which everywhere prevails ?
is a better and stronger property than it was when the
with such large and varied uses for gold and so meagre a
Moreover, from Ijeing
late I'resident acceded to power.
supply, that choses by violating one of the plainest laws of
local in its nature, it has risen into a trunk
comparatively
currency to endanger that supply, does not deserve prosline of important dimensions, extending all the way to
last
perity.
Chicago in the one direction and Cincinnati in the other,
But as there are some who cling with unfailing trust to
and its business developed correspondingly. It does not dethe large stock of gold with which the Mint Bureau credits
tract from the merit of the work done that it involved heavy
relief
promise
holds
out
a
of
the United States, thinking it
outlays of money and increase of indebtedness and
in the hour of danger, and thus justify their advocacy of the
charges. Mr. Jewett's plans were large and comprehensive^
silver dollar coinage, let us for a moment look at this queshaving carried them out.
Mr. Bur- and he is entitled to credit for
tion of invisible stock a little more critically.
time
it may fairly be doubted whether he
At
the
same
chard's estimate of the total coin and bullion in the
exercised that strict supervision of details in management
country on October 1 this year and last year is as follows
Among his immediate
that is the essential to success.
(see page 18 report of 1884, and page 21 report of 1883).
subordinates, certainly, red tape and circumlocution in
$610,.-.00,000
Oc'ober 1, 1884
office were more conspicuous than efficiency and attention
606,196,51.5
October 1, 1883
to work, and this would na urally encourage was'e and
extravagance in some departments. This, Mr. Jewett
Or a gain during
the year of
*$4, 303, 48.5
correct^
failed
to
have corrected; this he
high -salaried officials,
a body of
Surrounded by
or
not attempted
direction was
that
in
reform
That was a weak point that might
thought of.
remain covered up so long as business and everything else
was flourishing, but was sure to develop the moment a
change of conditions made economy and practical capacity
Mr. Jewett's ability to build up a system
the true test.
his ability to work such system
has been demonstrated
admitted, and this no doubt
cannot
be
with best results
could
referring to the table above, as to the gold in sight,
will be seen that these estimates would leave in the
By
it
hands of the people now $342,551,000, against $333,017,000 a year ago. or an increase in the twelve months of 9.V
Such a result, if it could be relied upon, would
millions.
of course place the country in a very comfortable situation
Say there are about ten
reserve.
its gold
respecting
million
families
in
the United States, this stock (610.^
;
millions) affords sufficient for the visible supply,
and leaves
on an average for each family thirty-four dollars, either marks the change between the present estimate of his seractively used by its members as currency or stored away vices and the former estimate.
The mere statement of the case brings to
in the house.
But whether or not Mr. Jewett is deficient in these parman in active business life a positive ticulars is no longer a matter of any consequence. Thoevery
lips
of
the
rejection of the claim; for the facts (1) that literally
change in management has taken place. Men and perno gold is met with in one's daily business transactions sons count for nothing when control has passed out of
and (2) that no accumulation takes place in banks and their hands. The new executive has been selected beTreasury at a time when incomes are greatly shortened
and when exchanges are very much reduced because
cause of the very qualities that Mr. Jewett
is
understood
of
Though Mr. Jewett is supposed to have relinto lack.
industrial inactivity, are abundantly sufficient evidence to
quished control voluntarily, one reading his report cannot
stamp these estimates as utterly untrustworthy. In Great fail to notice that he is not entirely content with the
Britain where, according to the general belief, about the
At the very outset, after
course affairs have taken.
same amount is held, it is the common currency of the depicting the prospects in store for the road, he remarks
realm.
So in France too, one receives it everywhere in his " Whether or not this result will be realized, is simply a
Here the receipt of gold as change is as " question of management," conveying the idea that there
daily purchases.
surprising a rarity as a white blackbird.
In another part of his report, heis doubt on this point.
had intended to pursue this branch of our inquiry takes pains to say " But like other systems, its character
further, giving data which would determine approximately "
and efficiency can be destroyed by an unwise and inexLack of space "
the stock of gold now in the country.
perienced management much more rapidly than it was
compels us to stop thus abruptly and defer these matters "
these manifestations of ill will
:
We
:
built up.
until another week.
In oar article on "The Financiiil Situation" two weeks since, in
referrinn to the yenr'8 chauge in the Btocli of gold, we inadvertently
nsed Mr. Burchard's result for gold coin instead of his figures coverlif
<oin and bullion.
'
We
notico
only to remark that the reflections upon the new management seem both unwarranted and unfounded. Mr. King,
we
believe,
cannot be charged with either unwisdom or
daninexperience, and there is no reason to anticipate any
.
THE CHRONICLE.
596
ger
from
cisely
management.
his
scrutiny of
stricter
what he
that that
is
If
lie
should
exercise
items of expenses, that
tlie
a
pre-
is
expected to do, and no one will claim
prove detrimental to the company's
is likely to
XXXIX
[Vol.
and $1,491,004 from a decrease in
it
business.
These figures
should be said cover the Erie proper, the results on the
leased
New York
Pennsylvania
& Ohio
road not being
in-
cluded, since that, though operated throughout the whole of
the past year, was operated for only five months of the pre-
interests.
vious year, and no comparison on that basis is possible.
might
Besides the loss from freight the depression prevailing also
For instance, he
Jewett's policy in other respects.
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 in earnings on
Of course
it
possible for
is
Mr. King to reverse Mr.
We should regard the Erie proper for the year was $2,979,505, which was met
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 tlie line. The ratio of expenses on the whole system was
that he contemplates
any such attempt
such a course.
as very unwise.
know, of four
It consists, as all
rest.
&
proper, the Pennsylvania
&
divisions, the Erie
Ohio, the Cincinnati Hamilton
& Atlantic. Of the
& Ohio entailed in the
Dayton, and the Chicago
lines the
Pennsylvania
(per report)
a loss of $270,281.
69-52 per cent, and even on
68|^
auxiliary
these circumstances,
what kind
past year
income and charges
is
is
as a feeder to the Erie,
this
how essential with
sum does not ap-
four previous
yeai's, will
1883-84.
pear to be a very high price to pay for the privilege of
retaining the connection, especially as the result in future
may be so much more favorable.
& Dayton, on the other hand,
Hamilton
take care of
thus
itself
far.
The Cincinnati
has been able to
The Chicago & Atlantic
Grogs earnings
Operntlnp expenses.
,
answer
make ?
The
fol-
S
this question.
1880-81.
1881-82.
1882-83.
«
I
years
of an exhibit as respects
the road able to
This was in a year of lowing, giving the results for the past year in comparison
exceptionally bad business, and considering
the road
the Erie proper as high as
per cent (against 65-92 per cent 'n 1882-3). Under
t
!
«21.6.i7,-130>22,S02,217|
I
1879-80.
«
$
20,715,605
18,01)3,100
I'lO.SlS.O": '•15,414,583' 18.05109)' 13,250,230
11,043,925
1,382,598
1,790,021
19,073,774
Net eamincs
AUseellaneuus income.
Total Income
returns less satisfactory results than any other division,
must be remembered that the conditions as to rates
and business have been extraordinarily unfavorable, as
Mr. Jewett points out. The obligations of this line are
$6,500,000 1st mortgage bonds, calling for 8390,000 per
annum, and $5,000,000 second mortgage bonds, which
but
it
all
issued will call
responsible,
1st
for $300,000 more.
with the Pennsylvania
jointly
on the
interest
mortgage bonds
The Erie
Less—
Sink,fMrc-ortf'n,Ut Hen
Interest on incomes
Dividend on pref stot k
&
is
Ohio, for
to the full extent of all
gross earnings derived on business to or from the Chicago
Mr. Jewett does not
Atlantic.
involved the Erie in the late
Chicago extension
seem
Total
Balance
.
when
&
Interest on debt
Itentals & other inc.,&?.
better to
is
hold
tell
fiscal year.
us
how much
Still,
even
proving very unprofitable,
on to
it,
it
if
this
this
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 an unsatisfactory state of the coal trade.
The depression in business (resulting in a diminution cif
merchandise traflac) was the most important of these, and
yet the contraction in rates was a factor of liardly less
moment. The report furnishes the figures that enable us
to state the loss from each circumstance.
Thus out of a
decrease of $2,357,794 in the earnings from merchandise
traffic, $1,761,527 was due to a falling off in tonnage,
and $590,207 to the fall in rates.
In the coal traffic, the
loss is
let
us
see
wholly on account of
205,501
tons less
coal
rates.
for
tonnage mileage increased 35,688,921 ton mites, and this
would have given it a gain of $270,522 in earnings on
lower rates caused a reduction in
your In lW»-4.
t Including a
It
is
full year's
allowance for interest on the seco::d consols.
evident from the above that the
mileage could offset
company has
lost
heavily in net income, not only as compared with last year,
as
compared with other recent years. Yet notwith.
tliis loss (amounting to nearly two million dollars
standing
net) the
company has
fallen only
ing the interest on the
ilUistrating the strength of
To put
it
$098,623 short of meet-
second consolidated bonds in
full,
the road's position in the past.
in another way, in a year of
extraordinarily
unfavorable circumstances the company has been able to
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 allowearn nearly 4 per cent on these second consols.
ance for decreased earnings in September, but
now
it
appears
that there
'•
against
the years accounts $135,037 paid
the
New York
Ohio in adjustment of earnings and expenThis, if left out, would reduce
ses for the previous year.
Pennsylvania
&:
the deficit to $563,586.
On
the other hand the report, as
already remarked, says nothing of the extent of the contri-
lOOmore than the augmented bution required to meet the
Taking coal and merchandise Chicago & Atlantic bonds,
together, we find a total loss in
But
freight earnings of large part responsible.
$2,058,984, of which $1,167,980 resulted from lower rates the whole year's charge on
receipts of $571, 712, or $301,
traffic
831,1341
75,208,48J r.j,2i7,ir.7 70,2e7,13s! 07,103,600 07,178,745
* In-'iudlnt' OS per ppnt of tilt* earnings and the entl'** wurkinu ex]}ftnses'of
the New ycnk I'cunsylvania & Ohio rosd lor Ave months in 1&3;J.83, and for full
was a gain of over $200,000 in miscellaneous income, which in the absence of any figures on that
point we had to assume the same as in the previous year.
Tills gain in miscellaneous income was derived almost
It is
interest on securities held."
solely from the item of
proper here to say that the deficit for the year would be
The company received even smaller wero it not that the company has charged
transportation than in the
previous year, but as the average haul was greater, the
this traffic, except that
640,917,
Funded debt
would but
rather than lose what has
already been put into the undertaking.
Now
S'jrpjus
interest
on the
first
mortgage
which the company is in
supposing it had to advance
$390,000 the
these bonds
for
—
—
8
.
NOVEMDBB
1
THE CHRONICLE.
law.]
20.
.
697
Canadian dmnand for gold bare had • (ood effect upon th«
remain Stock ExchanK'*: but tho improvi'mont ha< not bMm mUAeiently establiiibcd to justify any material oxintuAou of boiU
3 per cent earned on these bonds.
ness.
It lias Btili to be borne in mind tliat Kold coin wilt b«
Anotlior subject ot interest in connection with the road's wanted in conRidcrablo ciiiantities in connection with the war
gross and net. in the Soudan, and that the ^ per cent Bank rate has not ilone
tflairs is the amount of Us floating debt
To determine this, or aid in determining it, we have pre- much more than check the outflow of gold to other quarten.
pared the following table, giving on one side the current It has yet to be proved, therefore, if gold will be attracted to
the licmdon market from foreign countries. Doubt is czpreawd
liabilities and on the other the possible offsets.
whether thiH will be the case; but a return of gold from the
f^urvent Ltabiiilirs,
provinces
may he relied upon. Tlie l>cttcr opinion seems to be
Diii<
by
«o
9>.S84,054
asenle,
$a,'i95,.133
:iblo
pij\
IjOftns
3.")5.116
t'lii-li
1, 0.^)3.1
BlllA pa;, alio
that a five per cent rate of discount will at least be mainlilll»
rec(lval>le
5y,047
*0O(»,O91
ax'
rued,
Ac.
Intcrist
deficiency on
the second consols would
3 per cent (instead of 2)
;
that
is,
reach only about
there would
still
—
.
1
Kent
N.Y.
I'i. \t)lilo, riul.
Piiv lolls
Aiulilfil v»nclicr». <J:e.
Tiiillii luliitices
8ull(lllC8
Total
' Tlil.s 1«
Adtaneee to—
410,840
U':iscil linos, dio.
tained.
N.Y. L.Ii.& W.Coal Co.
Dock J: Imp.
Du
327,(i05
89.^.833
1,1)1S.503
«17,13(i
1,016,099
434.IM9
The money market has been firm in tone during the week,
and the rates of discount liave had an upward tendency. At
Do foriioieslnil'Kcd ],()t!e,226
the commencement 4 1-16 and 4,>>g were the quotations for the
1
X50,S04 AdVHUce« to otUcr Coa. 1 1 7
2,0f!.'S.;a5
Stocks held
but at the close very few bills are taken
Boudslidd
233,320 lx;st three month?,
under 4t,^ per cent. The discount houses have raised their
Total
fll.59.'?,207
$9,23S,S90
rates of interest for deposits }i per cent, which has occasioned
at $2,288,961 In tbo report, liut wo Uhvo taken out llie some surprise.
It naturally indicates that money is by no
consols", -nlitcU tlie company, under
(Uli,137
elite. .& Allaiillu
.
1.'.'
given
ten nionllis' iiitoreot. ou tlio second
the terms of the mortgase, can defer for a certain stated period.
The
total current liabilities (not counting the interest on
the sccoud consols as a
demand
debt) would thus appear
The offsets given, were
they all available, would be 3 millions more than suflicient
But they are not all
to take caro of tlie whole amount.
available.
Some of them are clearly unavailable. Wo
to
be about
8^^
between the two, leaving
use his own judgment in the matter, but may
obligations on account of car trusts
The
desperate one.
Interut aUowtA
tor StvoM* tv
Op(n market rata.
Tradt BUU.
D(wsta*M
7tol«
Joint
At
Sir
Six
Thru Four
BloeH
Thrte
Four
Xonthi'ilmtlulitontht irantiu Montht Ifonlki BanJu. OoU.
\
Oct. 10
.s
to distinguish
say that the figures hardly bear out the oft-repeated assertion that the condition of the company in this respect is a
money.
prices for
million dollars.
make no attempt
the reailer to
means abundant.
The following are the present
'•
8l| 4
Not. 7 8
u
••
s
|
a - 2ii»
®-3 9
»H« 2Ma - s a - 3H9 - 3H3
3H9 - SJ<« -14 a - 3««
-
-sua -.eua^a
- 854» - 3X»1IM
- 3!<a3« 3>«a -4 • -J4Vt« <W3-i!i ISSnom SJimm iKHH 4H» - 4
1?^ -I^Mnoml nom 4)j'S4H 4H« —m» —
a>8.a
2j«a - a
2H» -[s
£««.
3
IMS
2
a
IX « -t
iM a -s
3
ajt 3
an
3M^-4
-S
-8
smU -*H
Annexed is a return showing the present position of the
Bank of England, the Bank rate of discount, and other
should perhaps also be mentioned in connection with the items, compared with previous years:
gives full particulars on
which the company will have to ClroDlatloD
Public deposits
pay in the current fiscal year $876,000 of principal and Other
dei'osits
sfccurltles.
$325,200 of interest on these trusts. Tho interest is Qovomiu't
Other securities
$33,O0o less than was paid for this purpose in the late nee' ve of notes A coin
Coin and bullion m
both departments..
year, and to that extent this favors tho present year, the
Froport'ii of reserve
tollaWlilies
charge being always properly included in the year's interest
Bank rate
account as a deduction from net income. The payments Consols
demand
liabilities.
The report
this point, according to
required for principal are also
000; but, of course, $876,000
much
is
smaller
— over $300,-
a pretty large amount to
1891,
1882.
•18S3.
1S84.
«
«
2.",W8.3flO
4,411.0")O
2,261,107
13.312.ii78
21.8tJ6.63!)
y,7eo,^i9
25.aS5,570
2.515,8-21
3,122,601
4.(!30,-J2i
21,l2y,G0l 22,593, ir.:t 23,323.220
Il.li79.0<i8 10,«3 1.057 l.S 244,014
19,571,301 22,531,012 20,615,329
10,415,449
i) 81-J,917
12,30s, 211
20.209,010
25,1G1,!)75
19,319,2C9
20.681,019
22,083,150 20,307,037
42-75
3 p. 0.
35-79
5 p. e.
lOo^.g
80>«
6 p. c.
ICWfl
3S"3
5 p. .-.
lol'g
lOU'.a
46«. 3d.
40.». Id.
40b. lid.
32<. Oil.
wheat, av. pi-lce
eiigd.
aioind.
e'l.d.
o^]«d.
Mid. Upland cotton..
lOM.
lOd.
8»nl.
9 lad
No. 40 mule twist
147,201,000
CloartniT-House ret'n. 97,010.000 I2i,9n"',00u' 133,159,000
Enj?.
have to take care of. Still, it is to be observed that if the
The Bank rate of discount and open market rates at the
company should compel the second consol bondholders to chief Continental cities now and for the previous three weeks
forego their interest for the whole year, the surplus earn- have been as follows:
ings on' the basis of the results above for the past year
OclolKT 28.
Octolxrao.
Kovfmber 13. So\)tmber 0.
BataoJ
would be sufficient to provide for the whole sum.
Xaitrttt at
pXouetargs®0mmct;ctai;^n0lisfe;j|.cujfl
BATES OF EXCHANGE AT LONDON AND ON LONDON
AT LATEST DATES.
EXOBANOB XT LONDON-Hoe.
14.
KXOBANeS OS LONDON
,
On-
Tim€.
Rati.
Date.
Time.
Rale.
Pails
Berlin
Antwerp
Nov.
Nov.
Nov.
Nov.
Haiiiburj;..
Berlin
Frankfort...
••
(
•'
*•
"
25-55
20-04
•20B3
•20-G5
-aaj-iiO
*20-68
©20-CO
®20-69
Sliort.
18-11 -al8-.50
21lig-a24'8
....
25-50 tt 2.=)-.i5
Not. 14 Checks
Ctaecka 25-28i4a25-3,i% .Vov. 14 3mo3.
*•
Vienna
3m«8. 12-4212 a 12-17 's Nov. 14
*«
i(
4«i83iei4
Madrid
Nov. 14
*t
««
»-2i-;0
25-C.5
Nov. 11
Genoa
«
5l»i6a5liiia
..
Lisbon
Nov. 14 Cabiea.
New Yoit... tiO days
.Nov. 14
18 73l0
•<
Nov. 14
Calcutta
Is. 73i(,d.
....
Alexandria..
Hontf Kon^.
Nov. 14 4mofl
...
"
ShaBghui
Nov. 14
CopenliJigoii.
St. Pettrsb K
Paris
Paris
(«
natt.
Bank
Opwi
Rate.
arorlcel
3
4
4
Batik
RaU. JforlM
8
3
4
3M
4
3W
1
9ii
4
4
SWi
4
SH
S
8
3
8«
3
4
4
8M
i%
•i«
1«
3M
4«
4
8
S
4,>4
4«
4
S«
4
6
S
4
Amsterdam,..
Brussels
4
Madrid
Vienna
Hiimburg
Open
Uarktt
3
PetersburB.
4
e
4
4
4
e
•
4
4
8M
S<K
SK
4M
4
4
S
4
4
1215
.
11 3 moa.
•*
14
"
11
14 Short.
....
.*.
Bin*
Marlut
3M
S«
Gopenbaxon..
Nov. 14
Op«n
Bate.
4
4
S
Frankfort
St.
Amsteidaiu. Short. 12 2'-j »12-3>a
012-514
Austerdam. 3 moa. 125
Bon*
~3
25-.-5212
20-48
20-23ia
SOU
2530I3
25-35
12-27
47-GO
23-30
4-84 Vi
In Iil5,i,i1
18. 6"ed.
3«. 8d.
4g.
ii%a.
mom uar own aorreeiH>naent.J
In reference to the state of the bullion market during
Abell remark:
the past week, Messrs, Pixley
&
Gold.— Tl'.edeniand for abroad has, in conse<|uenceof the rise In the
Bank rate or disc lunt. decidedly slackened, the anionnts of bars from
tho Continent have onlv been iilaced In the open market at a very sliKht
aiH have
increase on the Bank's biivinf; price, \vlill<t tlu- im|">rts fioiii
niille on
onlto ceased, the bank of France charv-inn a i>ieniiiiiii of 4 p. r
Bold reuuired. Tho only withdrawals slmu our last have h_.-m ij' '.;>U0
The
niidhirypt.
ideo
N
.Monte
IlKhon,
ivcrelKiis from the I'.ank for
arrivals couiiirise a25.0lW from Now Zealand. £11,1H)U fiom Klvcr
The
Holland.
P.ate. and about *35,000, ehlelly from
/"^V" Jj''" ««kfn
*;o,OiJ0 to Lisbon and the River Plate, the Tasmania *U9,000, la coin,
1
%ilver.-^The market has daily declined since our la.«t clrenlnTOf the
6tb Inst. We then quoted oOijd. per oz. standnl-d, but uiHlcnce of conKldeiably lower cxchanjie.-i from(' Indiii, and tlj.
.iinril drnftdecline In the rates at which the Indian
have lately been sold, tho prieo of bars h ibeen
[•
whlch the amount by the Neva has
'
Btlon. The Don has broueht from the Wi-M
;'^ ';,';;; 'IT.
has brou^-ht from the Kivcr Plato ZW.Wi mo.I the
bronghtfroni New York «40,000, making n total of £128,900. The
TaeiuaDia takes *25,('0O to the Kast,
_
,
„.„., ,„..|._
,
.
Mexican Dollar.s.-rendlog tho arrival of the French ^^"t '"^^
steamer at St. Nazaire, there i» no business doing, and we ore unable to
give any quotation.
The quotations for bullion are reported as follows:
i
i
'^'
London, Saturday, Nov. to, 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 return and the cessation of the American and
<
,
—
-
THE CHRONICLF.
698
Nor.
Price of Gold.
gild, fine
77 11
rVoL.
XXXIX,
the ninth in succession, and during the last 155 ytars there was
never before a longer period than six successive wet years.
The iron trade of the country is in a very unsatisfactory
Nov.e.
d.
49 15-18
BarsllTer.flne..
Bar silver.oontalnIn^ 5gr8. gold. .OS.
Cake siWer. ...oz.
gold, coataln'x.
30 dwts. silver. oz. 77 11
Span, doubloons. oz.
S.Am.doublooDs.oz
13.1
d.
d.
8«
02.
.
Nov.
Price of Silver.
6.
d.
Bar
Bar
.
60Ji
state,
and numerous
have been taking place of
failures
50.?^
late in
Glasgow.
5()
Mexican dol8...oz.
The public sales of colonial and foreign wool have been
In consequence of the advances which have been made by commenced this week, and no material cliange in prices has
Dutch banking firms in Holland to the Javan sugar planters, taken place, compared with the previous series.
The weather has continued favorable, and the sowing of
financial trouble is reported form Amsterdam and the Hague.
A prolongation of time for paying bills has been applied for to winter corn has been nearly completed. This has been accomplished under most satisfactory conditions. The wheat trade
the Dutch Government.
An unwelcome feature is that the Chancellor of the Exche- has been very dull, and prices have further declined about 6d.
quer will announce in Parliament, on Monday, that in order to per quarter. The quantity of wheat and flour afloat is estimeet the expenses which are being incurred in Egypt and at mated at 1,690,000 quarters, being about 200,000 quarters less
the Cape of Good Hope, the income tax will be incurred two than at this period last year.
The following return shows the extent of the sales of homepence in the pound during the first six months of the next
financial year.
grown wheat, barley and oats in the 187 principal marketsThe following summaries of our trade in October and dur- of England and Wales during the first ten weeks of the seaing the ten months ended October 31 are given in the Board of son, together with the average prices realized, compared with
last season
Trade returns:
SALES.
nirOKTS FROM FOREIGN COnNTEIES TO BRITISH POSSESSIONS.
:
In October
IS-'l.
1883.
;
Animals, livy
Articles
diiuk,
Articles
driuk,
953,823
1,257,177
(for food)
f(jod
and
of
duty free
In
,.
Ten.
„
Wheat
Umiths-
1883.
IHfi.
10,469,418
9,502,182
14,206,748
Metals
Cheiulcals. dve-atulTs
tanning eubstauces
2,575,066
14,732,808
20,816,977
2,433,435
11,014,-36
5,277,-06
it,
8,U0.300
656,028
696,250
549,468
675,294
P,?48,173
9,566,722
3,427,160
4,964,239
69,755.299
69,669,?15
4,714,262
Manufactured articles . 4,534,H45
Miscellaneous articles.. 1,425,779
3,578.827
4.532,249
3fi,22i\643
35 395.461
45.367,066
11,012,123
..
Oils
Eaw materials for tex
tile manufactures
Raw materials for sundry industiies & mfs.
Total value
45,074,749
12.330,358
1.2i>6,519
35,833,755 31,097,132 355,12f',511 323,958,226
PRODUCE AND MANtlFACTCRES.
BItlTISU A>'D IRISH
In Qclober.
1-83
1884.
Animals, living
Articles of food
-Tji
Ten Months
1884.
£
£
£
55,060
47,275
597,803
556,534
1.114,692
1,225,817
1,123,251
1,274,183
8 835,i79
11,263,156
8.787,649
11,512,353
9,510,793
9,375,617
03,431,660
93,053,308
Articles manufactured
and
manufac-
partly
&
textile fabrics.
Metals and a tides manufactured therefrom
(except iiiach nery... 3,487,962
Av'ge price of English
wheat for season.qrs.
Visible supply of wheat
£
£
£
54,513,000
53,156,916
in defect
;
Both
and
in October, 1880
month was more than
255,.50l
2.801.908
2.825,2;0
1883.
14,338,333
2,392,048
1882.
17,176.015
2,823,260
13,311,539
2,272,117
10,423,710
9.805,700
8,571,489
8.317,lt»
Total
25,206,946
27,086,579
28,572,814
23,900,S4&
U.K
32s. lOd.
40s. lOd.
41s. 5d.
49s. 2d.
bush.3e,02-),000
30,625,000
*i, 827,000
16,100.000
1,913,000
21,300,000-
qrs.*!, 720,000
1881,
'
2.479,000
Baltic supplies not Included.
Ensllsta market Reports— Per Cable.
The daily closing quotations for securities, &c., at London,
and for breadstuffs and provisions at Liverpool, are reported
by cable as follows for the week ending Nov. 28
:
London.
Silver,
per 01
Jfon.
Sat.
.d.
50 19
50
Wed.
Thura.
rri.
49 -^e
49-'8
1001 "ij 100»,e
49 '8
100 la
100 sg
78-80
Tuea.
49'?rt
Consols (or money.
Ck>Dsols for account.
Fr'oh rentes (in Paris)
10058 10013,, 10034
lOO's
lOO's
100%
79-20
f r 73-87ia 790O
11638
11638
D. 8. 4is8 of 1891
116?i
1-25 la
125=8
125%
O. 8. 48 of 1907
4618
4618
45 'e
Canadian PaciHo
79 '4
7878
Chlo. Mil. &8t. Paul.... 79
13'i9
14
Erie, common stock
14%
II9I4
119 1«
11914
[lllnois Central
52 14
5238
Pennsylvania
52%
Ills
ll'g
Philadelphia & Reading 11=8
90 14
Mew York Central
9088
90%
;
Tuea.
lOOUie
I0(>»ifl
TL'-OO
78-9;^ ij!
117
II718
I26I4
4658
125-'9
46 13
8u=8
14'8
121H1
52 \
12
92 14
Wed.
f.
d.
«.
10
9
6
6
8
10
6
6
9
6
6
6
I
;
1831.
homo-grows
times as great as
this year.
The rainfall returns for the last 70 years show
that October has been the wettest month of the year 21 times.
The principal point of interest is not so much the fact that the
Liverpool.
Sai.
Jfon.
fall for the month is in defect, but that the whole year has
d.
a.
been dry a fall of over 11 inches is now required to make up Flonr (ex. State). 100 lb. 10
9
"
6
Vheat,
No.
8
1, wh.
the annual average. The total fall for the ten month?, from
6
Spring, No. 2. n. "
6
winter. South, n "
9 8
9 8
January to October, is only 13-42 inches, which is 6-93 inches
"
6 6
6
Winter, West., n
less than usual.
The returns for the last 70 years do not show
"
Cal., No. 1
6 8
7
"
5
6 4
Cal.. No. 2
BO small an account for a corresponding period, but in 1847 the
0i«
5 0"a
Com, mix., old... "
amount was only 13-52 inches. It is now a certainty that the ijorn, mix., new.. "
31-j
5 312
66 o
bbl 66
Pork, West. mess..
present year will be the first break in the succession of wet Bacon, long clear V
40 o
40
81
years recently experienced, and that generally over the whole Beef, pr. mess, new,1|l toiSl
38
Lard, prime West, if owt 38
country, although more especially over England
!62 O 162
1883 was Oheese. Am. choice
five
338,155
346.541
6,38^.232
2,272,117
.
4,75e,654
was
.•)38.528
6,272,664
2,8a2,016
1881.
13.311,5893,066,4152,577,198
produce
Afloat to
In Ten Months.
1883.
18-4.
rainfall in October, says the ofiicial report,
the
Imports of wheat.cwt.il, 790,559
Imports of flour
2,992,677
Intheins
over the whole of the United Kingdom, except in the north of
Ireland and the east of England. In the latter district the
excess was entirely due to a heavy fall in the second week,
ending October 13. In all other parts of England the defect
was very considerable. Both in Scotland and England the
only period in which the fall was in excess of the average was the second week.
In London the fall wiis 1-01
inches, which is 1-73 inches less than usual.
During
the last 72 years there are but three in which the falj
for October was less
these were 0'80 inches in 1830, 0-40
fall for
2,992,677
24,923.¥62
.
13-1,741
1882.
17,176,045
2,S8S,953
1,620,800
171,117
Supplies of wheat and flour available for cousumption 1q ten weeks,,
stocks Sept. 1 not beiuK lucluded:
25,363.171
1884.
1883.
3.8-20,108
2,756,907
0-76 in 1879.
1881.
8,317,110
1882.
8.571,489
14.388,833
4.878,466
2,636,014
391,973
742.480
radian corn
Flour
Sales of
£
the
Wheat
Barley
OatS
Peas
21,138,859 20,414,162 200,803,944197,383,259
Tot. val. (pait. est'm'd) 6,672,000
and
1884.
cwt. 11.790,559
4.8^0,036
2,246,815
6,663,739
October.
I'Jll
d.
a return showing the extent of the imports of
United Kingdom during the first tea
weeks of the season, the sales of home-grown produce, as well
as its average price, compared with the previous season:
6,464,206
In
a.
49 2
34 10
21 4
41 5
35 2
20 10
is
689.807
1983.
40 10
33 11
1883.
9,805,700
1884.
EXPORTS OF FOREIGN AND COLONIAL PRODCCE.
in 1834
Annexed
9,011,539
,
d.
a.
cereal produce into the
9,452,886
and u!edlclnal meparations
686,480
All other articles, either
manufactured or partly manufactured
2,921,919
32 10
32
19 3
1884.
cwt. 10,423,710
Wheat
900,246
911.067
d.
t.
Converting quarters of wheat into cwts., the total sales in
the whole kingdom are estimated as follows:
31.776,=0l
11,097,421
personal use
The
perqr.
34.141,034
11,251,549
Chemicals and ciiemical
Total value
Wheat
Barley
Oats
3.146.314
1,100,563
Machinery & mill work. l,v25,169
Apparel and articles of
1831.
1883.
d.
».
BeauB
tured, viz.
Yarns
1832.
1881.
IMPORTS.
and
drink
479.835
292.779
58,822
1883.
£
Raw material**
1883.
491.509
452,782
43,394
1884,
22,70ii,437
3,276,003 3,125,281
220,^01
338,051
1,301,352 1,326,757
1883.
675,830
757.265
137,165
AVERAGE PRICES,
9,903,874 124,843,839 101,058,223
and
of food
dutiable
Tobacco, dutiable
EXPORTS OF
1834.
721,742
93j,253
108,520
qrs.
Barley
Oats
6
OlB
3)«
66
39
31
37
62
O
117%
126H
8mi
47
SlTg
141a
122T8
15
12338
53
12
53<tt
9258
92
Thura.
Fri.
d.
a.
d.
a.
10
9
10
9
6
7
8
6
9
9
7
6
8
7
8
5
6 5
d.
9
6I(»
6 7
9 8
6 7
6 8
6 5
5
5
66
8
41s
O
81
3
:)8
O
|62
o
I
66
33
81
38
62
5
66
37
81
38
4%:
O
62 O
.
({iiotiitiiiiiH
i^XigccHtmgPttg j>ciua
ni mciciiil unci
WEEK.—The imports of last
week, cdinpared with th(xse of tho proccilinK wet<k, shriw
an iiicreiise in hoth dry Roods and in general merchuudiae.
against fri.;)98,()5-l tlie preThe
The e-xports
ct'iliiiK week Hnd if^t.O^'.d.OOl two weeks previous.
for the week endi'(l Nov. 2") ainoiinted to f(l,40;l,H31, against
Tlie
^7,0S."),."ili» l;ist week and |n,.j.|;i.'.!18 two weeks previous.
foliowintc are the iini^orts at New York for the week enilinjr
(for dry );o<x1b) Nov. 20 and for the week ending (for general
merchandise) Nov. 21; also totals since th« beginning of the
first
iiii|Mirl.-(
week
wo.ro
^ (1,871, iC"!.
January:
in
rORBIOH IMPORTS AT
.
,».
1
$1,798,793
S,74J,0-<7
$1,237,193
5,:33.18S
$1,S.S9,«27
5,96o,.592
$7,181,000
$7,510,880
J6,470,3S1
»6,871,76.^
$103,092.14"
290.039,;40
tl21,B.^>t).«73
llUani.
5,311.938
In our report of the dry goods trade will be found the imfwrts of dry goods for one week later.
The following is a statement of the exports (exclusive of
«pecie) from the port of New York to foreign ports for the
week ending Nov. 25, 18S4, and from January 1 to date:
EXPORTS PROM HBW TORK FOR TBH WEEK.
6»
Prev. reported..
1883.
1882.
$fi,-,n«,431
31.15,299.853
1884.
i.i.,
Total 47 weekB. i313,853,217 $311,806.2^4 (322,263,128 $292,687,388
'M»4
Boston
A
shows the exports and imports of specie
At the port of New York for the week ending Nov. 33, and
«ince January 1, 1884, and for the corresponding periods in
1883 and 1882:
EXPORTS AND IMPORTS OP SPECIE AT NEW TORK.
table
Cittiiw
Burl. A Mo.-I.d. ifr.,7«
Kxenipt 117
Nelji-ssks, 6s.
Nebraska, es.Noii.ex'pt 10}
NubruHka. 4n
HJ
PttsHiiinpslo—7».l
Wetk.
Oreat Britain
Frauc«
'
...
Gennany
West Inaies
Mexico
eoulli America
,
49,500
11.968
All other couii tries.
Valley -e«
K. City l.awr.
K. City Ml. Jo.
Ro,-6s..
.t
Lllt:e R.
K..C'lty ^<|i
SiTiceJan.l.
Week.
*26,48 1,370
4,352,821
«
389,088
SineeJan.1.
i6,865.8.'S8
l,Ct;0,t20
1.3i7,m
3,888.014
7.SO0
846,054
783,092
338.969
2,878
12,004
3,067,061
5.323,161
4,622,003
13.992
314,847
30,136
$195
2,732
$2,480
8>3
46.590
1,017,974
14,ti48
1,898,439
68,0841
1,090
83,992
500
264.432
61,315
$200,1.52 .*12.2.i5,131
363.10 J l:f,719,236
819,165
125,117
167,378
$3,29.s073
5,432,240
2,722,317
$'.81,400 «10,802,672i
Great BtitalD
France
14,43 ^
g.iS.^SO,
2.00
168.745i
61,641
3,300
211,117
'Oerman.
West Intlles
Uezlco
;
South America
AH other countries.
Total 1884.
Total 1883
Total 1882.
3fi5,561
10,218,165
Of the above imports for the week in 1884, #481,208 were
American gold coin and |2,63l American silver coin. Of the
exports during the same time, |61,488 were American gold
coin and ^'i.fWO 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
—
:
Balances.
Date.
KoT. 22.
"
24.
**
2.5
26'.
"
Payments.
Receipts.
1.438.553
1,400,151
942,682
803,096
80
00
0)
20
27.
2a.
"1.933,548 59
Total...
6,573,031 64
•'
"
Coin.
Ourrency.
$
927,998 771126.005,645 66 9,885.109
803.539 Oti 126,475,130 66 1".012.2J6
1.6S3 147 69 125,606,791 16 10.140,110
1.481,712 92 125.345.510 61 9,727,744
44
38
24
07
...Hiiliilay ...
*-,444,7u8 56il25, 149,847 83
9,162,156 83
OS
99
35 >«
8
77 ^
Mexican Central— 7»
Income
—
ills
1
liK) Postal Tel.
Co
2\
Co. let 68
1051s
$5,000 Southern Tel. Co. 68,
due 1902
]9'8
7.
.\
H
•.r..l890
,1
Conn. .>lithacaA.x
8H. ll.«h.V.-l
im 1194
1:13
it., 1112:1.
iN. O. Psc.-lst,6s, 1020.
No. Penn.— Ist,6s,ap.,'8S
2(l,78.cp.
2d,
1«90
78, c
-•
'
1903
Oen.,7s
6s,
Debentt
Debenture
I
I
118
rejr
Norfolk A West.—«en..6B
N. R. DlT., lst,8A.1932
6b, coup..
Gen., 88, reg
88, cp., 1910
7>4
7>.
Cons., 88, reg., 1905
167
167>,
Cons., 6s, coup., 1906...
9U3< luu
Cons., 5s, reg., 1919
182 !« leu
N. Y. C.-78, 1896
iPa.
94 «i
_-....
A Topeka
Atchison
Atlantic
•73 >.
,t Pai-.itlc
A
&
Boston A
Boston
Albiiny.
Lowell...
Mitlue
Provlilenco
Boston
Lynn
Boston Revere B.
Caiubritl-e
Cheshire, preferred
West Michigan..
Chic.
Clun. Sandusky A Cleve.
184
A
12
lul
107
Connecticut Hlver
Conn. A Passxiinpsio
(;«nuotton Valley
A
Det. Lansing
Oil
103
39
112
16
87
Fltcbbnrg
Flint A I'ere Marquette.
Pref eiTed
Gull
Fort Scott
A
* Sloni City.
A Mem.
Kau. C.
Little Hock A Ft. Smith.
Louisiana A Mo. Blver..
Gen
37
.':jiirliigf.
Preferred
Maine Central
1
iw
A Lowell
A New Kngland ...
Northern of N. Ilampsh.
Norwich A Worcester...
Nashua
6s, 1920
Cons., 5s, 10'.!0
summit Branch
Vermont & Mass
Worcester A Nashua
A
17 Hi
871.
ser.,c., 1933
Conv. Adj. Scrip, '85-88
Debenture coup., 18931
Scrip, 1882
Conv.,7», B.C.,1893..t
Conv. 7s, cp.oflT, Jan.,'8a
8>4
lOH
lO-i
Snnlmry
•-.:-.-
""a
Tax.
S
50
0s,1908
95
70
102
78
105
88
18911
113
107
18U6
A Del.— lst,B»,1886 72
Lehigh Nav.—Cs,reg.,'84 lu4<k 105^
114
Mort. BR., reg., 1897 .
Ches.
51
Cons., 7s, reg., 1911 ...
Penn.sylv.—6s, cp., 1910.
Schnylk. Nav.— lst,6s,rg.
2d, 88, reg., 1907...
to
Broad Top
bOta
North Pennsylvania
Pennsylvania
Parkersburg Br
•
1"8
62
Central Ohio—Com
Pref
Sl'4)
Western Maryland
IS
108
45
38
A A tlantlo.
STOCK.S.
,
,
Aug.— Ist
Bait.— lats.
2ds
No.Central-6s. '85, J.AJ
8s, 1900, A.
6a,gold.l900. J.AJ....
AG
Virginia
8b
A Tenn.— 68
W.Md.—6.S,
117
l8t,8», 1901
Conaol., 68, 1913
N.Y.& PhU.— l8t,68
l8t. «.,
J
2d, guar., J.
60
175
118
8
50
14
12>a
108
78
lee
"0
101
lOBig
105
86
96
63
29
9*S
66
.
10<
64
39 >•
58
1U2<«
lis
iVi'
101
12Ut«
»
A
.
In default.
A
<
121
J.* J. 106
2d, guar, by W.CO..J.AJ.
88, 3d, guar., J.AJ..
Wllm. O. Aug.—68
Weinon—Gold, 78.
Wil.
A
2d, 78, 1908
Per skaie.
86
105
78
Canton endorsed
--.
191
102
1893.
r
A
2d
Cln. Wash. A
6s, Series
58. Series
103
3d, Cs. 1887
Balt.AOhio—6a,.'85A.AO
Cen. Ohio.—68, ls^M.AS.
A
B
Plltsb.ACon'ellB.—7sJ*J
Union RR.— lat,gua.JAJ
HI
Inc. 7s. end., coup., '94
Pitt^h.— Ist.Bs
1908
I
ColumbiaA Greenv.— Iste
lOS
.
Belviil'eDel.-l*,88,l»02
2d. 6s, 1885
I
•2d8
84ls
42%
Lehigh Navigation
Pennsvlvanla
A
RAILROAD
A Chart.— 1b(...
Atlanta
Inc
Charl. Col.
198 >>
60
50
60
60
—
BONDS.
I
HH ll"»;'
N*.
Allegh. Val.— 7 3-108, '98
7b, K. ext., IblO
1st pref
bo's
A
Schuylkill Nfcv., pref...
Atlauta A Charlotte..
100
Baltimore A Ohio
Hi
68 H.]
49 Hi'
oIt*
A
Philailelphla
tJrle
Norristown
Phila. Her.
N.Y..
Pbila. Newtown
Phila. A Reading
Bait
Phlla. Wllm.
RAILB'D STOCKS. Par
53
"Vi'i'
83
BALTIMORE.
Preferred
Bx-dlvldend.
78.
CANAL BONUS.
60
120
Preferred
Little Schuylkill
Minehlll A Sch. Haven...
Nesquehoning Valley
Norfolk A West'n—Com.
Preferred
Northern Central
'
7.S,
68, P. B..
Lehigh VaUey
Buff.
Krle— Isl,
Gen., 78, coup.. 1901.
Ist preferred
Uap— l8t, 78.
A
Cons. 6s, 1909
2d preferred
Delaware A Bound Brook
East Pennsylvania
Elmlra A WlUlamsport..
Bell's
37
94'*.
W.JerseyAAtl.— lBt,68,C. 105
Western Penn.—68, coup. 106 Hi
16
1st. «s.re!{.,
30
B.—78,op.
A Pac— l.st.
Ist,
CaiawLssa
Ashtsb.
70
Cons. 68, gold, lUUl.
Cons. 6s, gold, 1908.
Gen., 4s, .old, 1923.
SHi
Preferred
CANAL
69 ^
"ii"
1100
Warren A P.— 1st. 78, '96
114 ,117
West Chester— Cons. 78
W. Jersey— 1 at, 6s, op.,'96 113Hll
A
.1
A
Union A TIIU8V.— Ist, 7s
United N. J.—Cons.8s,'94
Prett-rred
West
West J ersey
West er.sey
117
113 "a'
118
118
107
Sunb. Uaz. A W.— 1st, 58
2d. 6«. 1S38
Syr.Gen.A Corn.- Ist, 78.
14S"ii
Bell's (tap
Phil
Buffalo s'.Y.
Preferred
Camden A Atlantic
A
99^
119
lllV
Gon'lSs, 1921
Income, 8s, 1923
Income, 58, 1914
*144
RAILKOAI) STOCKS.)
A
,
I2'i
I'ia
ShamokiuV. A Potts.- 7s
Shen. Val.— 1st. 78, 1909
Allegheny Valley
Ashtabula A Pittsburg..
Preferred
BaU.—48.tr.ot
Pitts. Titus.
PHILADELPHIA.
Huntingd'n
121
120
1U4
Pltts.Cln.A St.L.— 7s, reg
14
46
80
01
«c3
10
«-0
Preferred
120>i 121
Cons. 58, 2d
•ii
Consol., Bs. 1905
Wisconsin central
122i«.
103 •«.
A
N.Y.— iBl
Phila. Newt.
R.— l8t,8s,1910..
Phil.
2d, 7b, coop., ;8»3...
Cons., 78, reg., i911 .
Coos., 78, coup., 19 II ..
ConB..8s,g., I.R.C.19U
Imp., 6s, g., coup., 1897
Gen., 6s, g., coup., 1908
Gen., 7s, conp., 1908..
Income, 7s, coup., 1898
Cons. 58, 1st 8er.,o.,1922
"is"
.--.-
N. Y.
OlilColony
Portland .saco A Porlsm.
Rutland— Preferred
7,1906
Phil. Wil.Jt
1
107
Cons,
'.i
Preferred
Motrcpolitan
Moxi<an Central
—
Perkloiiien— lsl,6s,cp.'87
Phil.AErle-2d.78,cp.,'88
20
Manchester A Lawrence.!
Marq. lIoughi'nAOnton,
I
ll9<t:120>«
,
A
83
Falls
Creek— Ist,
Pennsylv.
73 Hi
"•00
No., pref.
Mass
65
on CltyAChlc— l8t,68..
'W
A
Kaslern,
"vs
95
|1X4
V
121
1».»
Sonora— 7s
STOCKS.
96
iia
.7s
2cl,7s,t...;.
Cons. 6s, c.A
I
II6H1
RAILROAD BONDS.
Jionds.
ShaV'S.
178ia $26,000 Lafayette Bloom'tn St.
76 Second Av. RR. Co
Muncie KR. 1st 6s, due
100 1 bird av. KR. Co .301>4-30n3i
3'^4 Brockljn City KR. Co....216's
1919
80
o Lafayette Blooin'tou &
23 I
,0'
250 PfDu-ylania Coal Co
$
Muncie RR. Income
I'JO Fir»'nion'rt Kuiid Ins. Co..
5
ICH
$4,tOO South Side RR. Co. of
45 Mobile Gas l.'f&CokeCo. .52
10 Metropolitan Gas l.'t Co. 233
Lons Island Ist 78
lOS^
10 New York Gas Light Co.. 156>4 $3,000 Second av. RK. Co. 78,
iiO Jcllcisou Ins. Co
due 1838
106
12m
2<i L'uion National Bank
144
$15,000 W'msburghGas Light
.V.
ill,
.«•
US
'Is,
Pneblo A Ark. Val.—78,
Rnllanil— Os, Ist
J. ('oinpanies..
Chester— Cons. pref.
Auction Sales. The following, seldom or never sold at the
Stock E.xchange, were sold at auction this week by Messrs.
Adrian H. Muller & Son:
El
'W\
Income
Dili Colony— 7«
Unlteil
Includes $23.5, tOJ gold certifleates tjken out of cash.
"''"104
Illar-
HtTip
1)0
N. Y. A N. England—88..
lUO
••
7e
N. Mexico A So. P»« 78 ll«ia
Ogileusb.A L.Oh.—Con.68
Plttsb.Cin.A St. L.— Com.
7.311,227 00|
11*
,w,iip
•
r...
<1
«s
A
*'
Ka>.t
117
A
*
)|)ol
5
—
7s. rsff.
Delaware
•8
A O. «.—7b
A Ft. H.--78, 1st
A Mem.— Os
Iowa
$61,488 «38,0! 9.574 »2,070,366 $20,237, lOS
453,166 13.996.^63
23.0ii(.
tlOl.eaS;
210,60'
3,127,697
3.100 33,832.954:
Tatal 1884.
Total 1883.
Total 188^.
New
Connecl'K
Cor.Cowsi
.....
PreleiTed
Imports,
Exporlt.
eoid.
„
|i.
Co.-e».'»T.
|MH»— 1st. 7s, roo. e.
Chat. M., Kis. 1»<'<H.
ProTid«n«»—7B
Concord
The following
>»..
lis
.'irl.
A
$7,327,303
314,935,825
wn
W.— 0«li.,9>
imn
A AnilM>r-8«, «.,'89
Mort.. Bs,
.V Ail._Ui,7»,«.,'9»
A All>iuiy—7s ..
Hn
Bnnton A Lowall—7s ...
Bof*t»n
1881.
"
Mslflo— 7s....
«fc
Mass.— B», new.. I-'.
Fort .Scott A Oalf—7s.... 1'7
$112,069,104 $10.'i,497,r,90
331,083,901 30?,')12,207 278,763,031
$7,049,570
336,803,677
IVil...
IH'OIIIO
BoHlnn
Buatou
Aak
Bid.
(Oonl.)-
P.
itiiri.riitii.A.
""
'
.
Baltlaor*.
BKCDMiTIKS.
Ask.
77'
Allnnlloa I>aclHo-«s
6«
Kasi'rn,
lotal 47 weeks. $399.132, 139 $452,740,774 $114,630,311 $384,260,621
For the week...
I
Ateli. .k ta|i«k»-tst,7«.| 120<ii 121
llK{11^
I.H111I (rrunt, 1»
L'oiiiiottAu
1884
1883.
1,.123,408
D-y rooAt
Bid.
mM
FklUdelpkU
.»
(.01)11. tt
TORK.
1882.
•Oin'liner'dlae..
Total
gitieeJan. 1.
1 ry eoods
Oed'l mer'dl»6.
mW
itwitoa,
ill
|
1881.
for Week.
599
BKCliRITIKB.
iMTORTS AND ExpOBTs FOB THE
total
.
THE CHRONICLE
Norp.MiiEB 89, 1884.1
iC
—
.
103
107'!
107^
109
117
iia"
Last f rioo ttls week.
.
:
:
;
THE CHRONICLE.
600
SIx^ jankers'
30 premium
100 premium
New
;
Oia^jettje.
The posted
DIVIDKNUS.
Per
When
Cent.
Payable.
Railroads.
Boston
Boston
<t
Albany
f2
& Lowell
Chic. Burl. & Quincy
Chic. & Northwestern,
3
2
Deo.
31 Nov. 30 to
Dec.
Dec.
2
Dec.
$3
Dec.
Jan.
Jan.
Dec.
Nov. 30 to Dec. 8
4
3
iniscellaneons.
Lehigh Coal
ifc
Navigation
NEW YORK,
FRID.IY. NOV. 28. 1884-5 P. M.
The Money Market and Financial Sitaation. There has
been an improved tone this week, botli at the Stock and
Produce exchanges.
—
An opinion has prevailed to some extent that the first of
December would be a period from whence a new departure
might well be taken for a fair advance in prices, and as sentiment has much to do with the movement of the markets, it is
quite ix)ssible that this feeling has had something to do with
isfaction; while the
Texas
& Pacific has
practically completed
adjustment, and will apparently go forward under better
auspices, where its undoubted vitality as a growing property
will have a chance for development.
The excessive abundance of money in our city banks is a
conspicuous feature, and the receipts of gold from abroad may
yet continue, in spite of the Bank of England rate; at all
events there seems to be a good prospect of very easy money
for some tirue to come.
The reports from manufacturing, mining and railroad companies of a reduction in working force, and also reductions in
wages, continue to be as numerous as ever. Thus far the
employes are generally showing their good sense by accepting
the reduction, for hard as it may be on them to accept lower
wages, the fact is obvious that the companies are losing
money, and they have no alternative but to obtain a concession from their operatives or shut down.
Rates for call loans during the week on stock and bond collaterals have ranged at 14 to IJ2 per cent and to-day at 1@ 13^
percent. Prime commercial paper is quoted at 43^@5>^ per
Paris (francs)
62138
The Bank of England weekly statement on Thursday showed
a gain in specie of £166,000, and the percentage of reserve to
was SOJg, against 38 3-16 last week
the discount rate remains at 5 per cent. The Bank of France lost
500,000 francs in gold and gained 1,200,000 francs in silver.
The New York Clearing House banks, in their statement of
Nov. 22, showed an increase in surplus reserve of $2,771, ."JS.j,
the surplus being $10,246,0.50, against $37,474,525 the previous
week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks.
liabilities
;
1834.
Xov. 22.
Differ' ncesfr'm
1883.
Previous Week.
A'or. 24.
1882.
Kov. 25.
Loans and dls. $2S8, .539, 70r Dec.$3,OlO.70O $324,038,700 $309 ,208.80 >
48' 245,503
Specie
S4, .370, 500 Inc. 2,01.i,900,
5d.865,800
Circiilntion...
.
Legal tenders.
Legal reserve
Kescrve held.
11 .711, 6 JO Dec.
3 '.'5 ,837. 400 Inc.
37, .317, 400 tno.
.••'-•9,900
530,700
888,3 JO
$81. ,471, 850 Inc. $13 2,675
121, .717, 900 Inc. 2,901,200
1.5,400,700
IS 590,700
315,677,000 277, 930,000
27,337,500
19, 165,800
$78,919,400 $69, 482,500
84.20J3,00
d7. 411,300
$40,^43,050 rnc.5i2,771,525
$5,283,900 dr. ^2,071.200
—
Exchange. The sterling exchange market was moderately
active early in the week and rates were Well maintained, some
drawers being inclined to advance their posted rates. On
Wednesday, liowever, rates were reduced J£c., and it is concluded that the recent large shipments of co"tton have created
a more abundant supply of commercial bills.
To-day the rates on actual business were as follows, viz.
Bankers" CO day? sterling, 4 80;'^@4 81; demand, 4 84-',@
4 8.5. Cables, 4 8.5 1^@ 4 85;V.
Commercial bills Srere 4 79(S)
4 793^. Continental bills were: Francs, 5 25 and 5 21%; reichmarks, OniigOi^^ and 94Jg@95; guilders, 89Ji and 40.
The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buyinp'
discount, selling
discount
par; Charleston buying
3-16 premium
J^(g3-16 premium, selling par
Boston 2.5';e
M
5 2178
40i8
3979
9439
Coins.— The following are quotations in gold
85^
4
95
for various
:
$4 85
3 85
Napoleons
X X Relchmarks. 4
X Guilders
3
Soan'hDoubloons.lS
Mdr. Doubloons.. 15
F ne silver bars .. 1
Fine gold bars
D mes.& ij dimes. —
®$4 89
»
3 8919
74 a 4 78
96 a 4 00
55 ®15 65
55 '915 65
OS'sS 1 OS's
pHrdi4prem.
99'aa par
— 99%a par.
— 92138 — 94ia
Five francs
Mexican dollars.. — 85143 — 86
Do uncommero'l. — C414* — 86
Peruviansoles.... — 78 ®
silver ^45
and
>fl8.
English silver
4 78 a 4 84
U. 8. trade dollars— 85>aa
U. 3. silverdollars— 89%'J par.
—
United States Bonds. The transactions in government
bonds have been on a very small scale the past week, but
prices have been strong and quotations have advanced slightly.
The bids for the 33 have been higher, i^robably on the reports
that the Treasury Department would issue no'more bond calls
for the present.
The closing prices at the N. Y.
Interest
Periods.
4>«B,1891
4>«8,1831
..reg.
coup.
..reg
coup.
4s, 1907
4s, 1907
3s, option U.S.. ..reg.
6«,our'oy, '95.. ..reg,
6i, our'oy, '96 ..reg.
6 s, oar'cy, 'iJ7 ..reg.
6i,cnr'oy, '98 ..reg.
6s,oar'ey. '99
*
This
is
Board have been as follows
Xov.
Nov.
24.
22.
rcK
A
A
&
J
'129%
3
n22i4 "12212
134
•131
133
Xov.
27.
113%
lUH
128
J.
J.
J.
26.
1221-2 *122Vsj'n2258;
1
[.-Jan. 1*122
[.-Feb. • 101
&
&
Xov.
25.
1131a *113i«;'*113%
-11458'*114^i
i.-Mar. 1131*
[.-Mar. '11 409
i.^an. '122
Xov.
I
122=8'
'IOII4 '10114
•129
128 *128
1291a n29ia •131
*131
131
M33
134
133
133
131 »134 135
!
:
b
rz
—
M
^
lU'a
122''g
122%
IOII4
129
131
'133
134
135
the price bid at the morning board; no sale was maaa.
State and Railroad Bonds.— State bonds have been nominal, the only transaction reported being $3,500 Alabama, class
A, at 81.
Railroad bonds continue to improve, and the demand has
been quite brisk at the advance. The Stock Board lists show
a larger and more widely distributed business in bonds thjin
we have had for a long time past. Erie 2ds advanced sharply
on large transactions, being stimulated by the change in the
mmagement of that road: the price to-day closed at 58}^,
West Shore 5s have also been quite
again.st 51J^ last week.
active and advanced to 41 -'g on Tuesday, but close to-day at
Atlantic & Pacific (Western
411^, against 40ig last Friday.
division) Ists, after con.siderablo sales, close at 79, against 77i^;
do., incomes, on a brisk business, at 17J4, against 16 ; East
against 53}^ ; do. incomes at 14i^, against
Tenn. Ss at
13^3: Kansas Pacific 1st consolidated at 95}^, against 92;
Jersej' Central consolidated assented at 101 '4, ag.ainst 99)4 ;
Texas consolidated 7s at 104, against 102%;
Missouri Kansas
Pacific Rios at 54,
do. general 6s at 74, against 71 ; Texas
Wi,
&
against
New
&
Sl;''^'.
Railroad and Miscellaueons Stocks.— In the early part of
tlie speculation on tlie Stock Exchange was duU and
somewhat irregular. On Monday the market was dull, except
for a few leading shares, and the only features were a slight
rise in the Vanderbilts and Lackawanna and a decided break
in Northern Pacific preferred, on free selling assisted by
various speculative rumors. Since Monday the market has
greatly improved and prices have advanced quite sharply on
an active market, the advance being led by the Vanderbilts,
Grangers and Lickawanna. This is reported to be largely the
result of speculative action, though there are some indications
of a healthier and improved feeling, and there have been
rumors of late that a number of the leading bears of the past
year have materially clianged their views of the market.
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 parti.ally
the week
cent.
Surplus
4Rlis
(guilders)
Sovereigns
its
Net deiiosits
Sixty Days Demafid.
Frankfort or Bremen (relohmarks)
the better tone.
As one embarrassed company after another is removed
from the field, albeit in some cases* by the severe process of
foreclosure, the atmosphere becomes clearer, and the chance
for general improvement is greater. This week there has been
an upheaval in Erie, which is accepted by the Street with sat-
:
4 791a
4 79
coins
bank,
;
premium.
;
Prime bankers' sterling bills on I.ondon..
Prime commercial
Documentary commercial
Amsterdam
-
15 Nov. 24 to Nov. 29
2() Dec.
4 to Dec. 23
26 Dec. 4 to Dec. 28
1 Nov. 10 to
15
10
com
Do
do
pref
Northern (N. H.)
Wilmington & Weldon
Wilminsrton Columbia & Austusta.
Orleans commercial, 50 discount
;
November 28.
Bookt Otosed.
(Days inclusive.)
XXXIX.
St. Louis, 75 premium
Chicago, 50
rates of leadmg bankers are as follows
The foUowlng dlvldeads have recently been announoeil
Jfame of Company,
[Vol.
%
@
@
;
recovered.
The railroad
war between the N. Y. Central and the West
watched sharply, and is commented upon in connection with the Stock Exchange markets. There is little
change to be noted; there are constant rumors of an adjustment, but there seems to be no good foundation for them,
unless it turns out that the mediation offered by Erie shall
Shore
is still
result in something.
The change in the
management of Erie has been a significant feature and has done much toward the improved feeling,
though the annual statement of financial condition cannot
be said to be very favorable.
Chicago & Northwestern announces its usual dividends,
accompanied by a vague statement of the net earninf;.? in the
past six montlis. It would have been far more satisfactory if
the company had given a frank exhibit of the half-year's
business.
To-day the tone wiis variable, being rather weak in the morning and stronger afterward, with a spurt in Louisville & Nashville, ibut weaker .again towards the close, and prices generally
below those of Wednesday night.
.
NOVEUBER
11
..
1
THE CHRONICLE.
30, 1884. J
COl
NKW YORK STOCK EXCUANHE PRICES FOR WEEK ENDINQ MOV.
99,
AND SINCE
BIOHKST AND L0WK8T PRIOBS.
STOCKS
8stard*T.
Nov.
MandaT,
Nov.
2*1.
*J4.
Tneadar,
Nov. 2S.
JAN.
B«UI« «BM Jm. 1.
Wednwdiir, ThorMUr.
Nov. 26.
NovrilT;
'rbtar.
I<OWMt
Novr2».
18g4.
I,
r^M,
MM.
Vmw. HIgi
nickMi.
KAII.UOADH.
A
AlliAio'
Uosicii
Niiflfiiirtmiiuft
N. V. Alrl.lue.
.t
IliitHiii.-l«n
(M
•44
iile
.
li
•44V.
lU
MltiiioMota.
JtTsey
\v
l'( ..;
...•
(.'eutittl rui-iilc
Che^ni'ouko
t&
31"4 SlHi
•10
12
41». 42-4
8;; Hi 84 <4
•a
U
•10
10=4
8'.'
III
<^
Uhlo
Ito
iBtprrf
Do
*.2dpr«f
41',
4'.'-\
»4>ii
3S>4
•10
lOki
•4=4
C'lilcaicu
lIurliuKton
llilwaukoe
Do
<t
Qiilncy.
£
St.
121
rani
^u^,
prof.
lllj=Sl
& NorUiwostem
liref.
Chicago Kock Island * PaclHc
Chicago St. Louis & I'ltUbiirK.
pref.
Do
Chicago St. PanI Minn. A Oni..
pref.
Do
Clovi^lauil Col. C'Inn. * I ml
Cloviilaiul A lMlt»l)tirK, Kuar.
C'liicaRo
I>o
•J
7'a
lar.
lOHVi
"H.
8l>a
•1)1,
41>a
38 >4
5
10=4
U'a
4e<a
8l<a
12
42 '4
84 <^
U
101*4
4S
82
45
32
10
18
42
48
84
80
.?« 6
11=4
"a
ISO
180 l.SO •129 'a
121 "-J
120 >g 120=4
110<V, 119
77'
7011 77 '4
71)', 78 14
77',
106^ •108 "4 100 '106 "4 105=, 106 la
89^ »U'4 89 1, 91', 91 '4
125
124', 125 "4 126
126
126
108 Vi 108=4 108 110', 111
lot)
•7
•7
•eia
7'a
9
•15
•16
17
17
-15
19
29', 29 le
2i)>4
28=4 8U
30
UU>4 •89 >s i(0
90
91^4
91=4
32
85 "a
32
31
33
-12it
111)
ChlcaKutt Alton
Clilcafro
46>a 40
81^
43
84
prof
•31
Illinois Central
llti
Do
84
117
leased line 4 p.c
<& W'OHt'u
KriB
ti5i4
^[loro
1
.;l.'
I
i.iu-
Island
villeA NashvlUo
Ij.ui
I>misvilte
IIU
117
16
UUHj
li5=E
•«3
B5
24 Hj 24=4
•08 la
•25
33
129
121
130
121
SOh)
loo's
9J=4
126',
11 'a
15
13%
400
iMO
826
llO'alll'i:
•7
7'a
30 'a 80 'a
OOia
OO'a
isfiimii
loo's 109'8
O",
9%
4%
4'.i
7=4
7=,
16=4 'V6=4
70
64
67 » 69
26
23 'a 28
70
71
•70>a
71 "4
60
60
60
60i«
6014
12
25
12% 12%
13
13
29
67-4
OO'a
a.mo
1,220
common.
70
couttol...
70 »
70 'a •70'4 71
70
136,903
625
iVieo
1,900
Jlilwiiiikco
l>o
Shore
I..
Minneapolis
<fe
67
110
13,493
prol.
•11
Lonla
<& St.
Do
25 "a
pref.
Kansad&Toxaa
15»4
25 14 25 14
15^4
15=4
93=9
•a la
9
A- l-Issex
a^2
.
Do
<fc
9
•b'a
•121
123 "a
5>*4
pref.
New York Lack. & Western
New York Lake Erie A We.st.
Do
prof.
New York A New Enjrland...
New York New Haven A Hart.
New York Ontario A W'ostern.
New York susq. & Western...
Do
13i»
10
13'4
10
2'%
2=8
pref
(>
18
42=4
:
.
A
22=1
2<a
2'a
•20
•7.1
-20
•39
•80
Manitoba •81
ll's
•2 "a
18
IS
17=4
18
41
42%
i!"
Mail
!'!;;:
:M I'alaco
ijMiijI.^i
78,728
580
100
"l4ii"l6>8
31
32
47.160
a
M
11% 11%
•'"
599
530
100
O
a
18
38
I8I4
181.
•28 'a 35
10
10
...
800
600
U'a
ll'l
2%
2',
,
o
2
17
18
17% 18
18
4OI9 4II2
40=4
1=4
I'e
18't
42%
41% 42%
2
17
U'a
14";
12'8
13'.
18
13 ^a
1=4
1=4
I714
I7I4
1213
12^4
13
12'(
13
13
23 14
28%
23
141a
I4I4
231a
231a
2,950
91,557
6,078
100
14 14
10
17.057
15
2312
2.1U0
4,700
;;:;::::::::
25
85
22
401a
85
2=4
•18
•76
19
•37
24
85
20
40
84
84
20
•19
•39
63^
2=4
88
-80
83
12
11=4
49 'b 501a
4=4
•11=4
4=4
•2
*8'9
4
2%
2%
21
17
17
20
20
20
21 Vj
40 Si
2II4 21%
391a 41
831a
83
20
•a
Ola
52=4
4
9
OOl-j
90 "a
290
3
>;9o
211a 22 14
40 >a 401a
83=4 83=4
83
20
300
1.50
100
1,100
1,300
527
100
::;;;;;:;:;:
84
84
12'8 13=4
oOis 51
52=4
•8
19
20 14 20 14
" "85"
831a 8.1 la "84
121, 12\
ll's 12'8
49'8 Oils 49 "8 6i%
"4=4 ...
5
5
•11=4...
•11=4
221, 22 '8
i",835
14,303
231,073
5
5
13^1
131a
52=4
52=4
510
9
91 'a
"526
-8
tBO
9
90=4
833
317
2.283
109 'a
'
59 'a
II
Slates
I'.irtro
INACTIVE STOCKS.
52', 33%
111 111
52 14 62%
52-\
52 'a 53 "s 62=4 riili
10913 109 109
110 110
llu'sllD'e
4I3
5=4
51,
SVj
4'a
•30
30
80
39
30
=%
59
60
61 >«
60
60's 00=4
'a 00%
132
•
150
221a 221a
71
72»r
70 'a
70
•3
Santa
1»,
850
..
Western Union Telectaph
'
200
51a
133
131
94', 94 's -94
55
•S2
54
108 110
106
135
90
54
110
•130
•93
•98
•31
-51
107=4 1091a 106
'131
135
95
54
185
96
55
110
Sia
60%
181
93
•51
107 'a
1,930
16.631
391
5'a
8L0
100
61 •«
61,863
138
95
55
108
>g
Oct. 23
May 14
U\
7
S
i
May
11)714
. '.
1
1
'.'D
V
:<
D;
I'J
12 ii»4
l.'>7
ll6S|l37i4
10% 22
88
II
67%
66
83>«ADK.20 80
lOU Adk.30 91
118%
69% Mar. 14
84
141
Aor. 1 134% 143
1X31, Mar. 1 lll%llSl%
11
S
M
82
3
Mar. 10
61
8
Jan.
Nov. 14 183
61%
77
•3
11% 28
46
S
7|
8
81a Feb.
311,
4% 11%
8I4 Feb. 15;
Jnnoia 14>aF»b. 15
Oct. 25
-27
I'^H
1(1
7»
10'.
.Nov. 14i
Jan.
82%
148
Feb. 13 134
Mar. H 77
84%
Jnne2l| 20i4Jan. Bi 17% 86%
6',Jnne27 19% Jan. 7 13'-^ 33%
63% Nov. 10 104% Mar. 4 92=4 114',
62 May24< 78i4Mar.l5! 58
86=4
22>aJune24i 61% Mar. 4 40% 68%
10 Nov. 11 85 Jan. 4
68
40 Jan. 221 67 Aiur.26
SS^b
82 Jan. 311 98% Apr. 7
00
43 Jan. 33 65 Aug. 31
63
69 "a Nov. 8 79 Aug. 23
10 Aug. 20 24 Mar. 18
80%
23 Jnne27l 40 Jan. 11
S3
66
85 Jnne30 103 Anr. 15, 78
•6%
51>4Juuo27i OliaSfar. 4 77 100%
10 Feb. Ill 16 Jan. 7
10
18
31 Oct. 22 41 Apr. 10
36
48%
7iaJane28 ISiaJan. 7 16% 30%
17 Juno 2 1 36% Feb. 11; 83
68%
9'aJuue27 28'4Jan. 3 18 >• S4>
100 Juue21
86 106 'Z
63'a May
6i4June'-'0 13'4Mar.24, 10
-18%
116 Jun6',i7 127 Jan. 29, 120 129%
SO June2il 58 Mar.l4
SOS. 64',
83% Nov. 7 122 Mar. 13 111%,K9%
6 July 1 10% Feb. 13
7
16%
8% Nov. 24 20=4 Feb. 14 13% 35
88 June 26 94% Apr. 12 88% 89%
11% Juno 37 28% Ian. 5 26',' 4p'a
20 June 27 71 Mar. 3] 72
83
8 Jane 24 17% Apr. 4
17% 63%
173 July 7 184 May 1! 168 183
7 Jane 27 16%.lan. 7:1 16%
1%
2% Oct. 9 6 Feb. 28
4',
8%
8I4N0V.23 I8I4 Feb. 16 14
21%
10 Jan.
10
29 12% .Vov. 3
1
Nov. 25; 42 Feb. 13 33
49%
14 June27 27 Jan. 7
33% »8>;
37% June 27 67% Jan. 7
90%
1 % J one 1 8
i'. 14
4 % Sept. 5
14% May 14 23% Mar. 17 21
88%
6 June 12 11=4 Oct. 7
7
82*
8=4 Aag. 8! 24
Mar.22 19
6%Juuo26 34%Jan. 7 29% 89
13
38
7 Jnne20i 17=(.\ug.20
20=4 Nov. li 60% Fob. 23
61%
••120 Jane30 133
Apr. 14i 120^ 188
4
16%
2% May 21 5 Jan. II
72
32 July 3 61 Feb. 14
47
21
38
12 Jane2a 33 Feb. 16
'
83
I', J Illy 24 16% Feb. 4
84
14 Oct. 18 24
15
Mar. 21
85
18 Jnne37 60 Mar. 17
8S
70 July 8 96 Feb. 6 80 103
ll%Jane26 29% Aug. 22 80% 86%
69%
24%JnDo80 60 Mar. 18 40
70 May 13 96 % Apr. 10 87 100%
15 JnnoSO 32=4 Jan 9 88
40'a
97%
63 July 11 90 Jan. 26 90
84
160%
7B'9 0ct. 2(1 99 .Ian. 7
5%Juu627 22% Feb. Hi 17% 43
28 J line 30 84% Fob. 16 70% 104=4
36%
19=4 Jan. 7
16
4 June
9 May 20 82 Jan. 5| 20% 97%
June 26 61
June 28 140
July 81 86
60
4'
,
M
t
C
68%
May 1 Hi 61% Jan. 8 57
Oct. 17,127% Apr. lli |U8'4 140 S.
89%
.fane27l _.
17% Mar. 17' 14
82=4O0l. 18'114 Feb. 11 10^1,112%
25
13
10 May 16' 17% Jan. 10
122% Jan. 7,170 Feb. 9 55 125
66
91%
8=4 June 28 63% Jan. 7
90 130
60=4 June 26 112 Jan. 28
44%
81 May 16 56=4 Mar. 17 28
90 May2l;ll7 Jan. 7 112i« 134
6
9%
3%Jane84ii 6% Feb. 11
481!
20 Jano20: .S2% Feb. 6 80
49 May 14 78% Feb. 16! Tl% 88%
49
1
7
I
vatcd
,
DO'S bo's
100
•01 "a.
VirKlui.i Mldl.uul
1 ae»e are the prices bid
:
!
1
16
17
17
39'a Sgia
10
May 26, 115
123
91%
85%
1
Apr. 12 145
Mar.
Jane '24
l.HI
JunolS
43
138
f.
^m
Jan.
Jan.
40
Nov. 21
Nov. 21
i'O'-j
UH
June 33 80=4 Jan. 71 78%
Jane 13{ 132 Feb. 16 140 ISO
142
137
115
May
9
isa
1S8
4;
I
90
96
10s
112%
145%
'
N"^
197
15
J ul J -
tuio
39%
Nov.-2.>»,
-^
.;
%
«'• Nov. 2
100
5>,
7
3
14
364
sale
i\^. .„
1
61% F"
M.iy 17
Mar. 23 11
Nov. 181
Nov. l.H
{
•235
;
13S
M
102
200
10
6>,
and asked no
June 2
"•
Ay:
Jnlrl.'i 137
192% Jan.
16
<,'o
Sutro runnel
Home-* tike Mining Co
Maryland Coal
;
New Central >*oal
......
Ontario silver Mining
Pennsylvania Coal
1
63
i'e..
^ippl, pref
'
3
1»
79
2
1
17
Jan.
1014 Feb.
6%Jiuie3S 25% Jan.
126
40 87
5 43
155 98
prof
t;.:is-.i.i.r 1^- saratoifa
'i'rxA^ .',- .Veworioans
I
Mil".: I (unpanies of N.J.
CiUltou
Hay 36
St
1
prof
.\lt<iii.
38
38
88 's 89=4
5<a
'8
901a
10
SH^
I
I
CarCo
A Co
To|u'ka A
"224
91%
-5
......
•7'8
•86 'a 89
1413
14
s''i"8'i
89
her Mining
.
11»9 11=8
62=4
Slia
Do
94=4
'mi; IMii
19
•2>a
•81a
1'"
A
'4
...
Mutual Cnion Ti'Jet'raph
New Yolk A 'i'exas Land Co
Orejroii Iiuiirovi-uuuit Co
OretroM I'.ailway A Nav. Co
Chicai:.)
1.1 '(
•2=4
11=9 12
49^4 50 1,
-4=4
6
121a 12 "a
A
Debmare A Hudson Canal
"1
I3I4
14
2=4
:.oul8
Pacific....
pref.
HII^'<;i:•,I<l,ANF.oc;(4.
Ameri< an Tel. A Cable Co. ...
Banker;.' A Merchants' Tel...
Colora-lo Coal A Iron
AtcUi.xin
9
871a
ll's
27 '4 27',
423
1,100
8,160
6,800
17%
18;)
pref
Wabash st
Dr
-.
I8I4
5=4
Duluth
St. Paul Minneap.
Texas A Pacilio
Union I'aciiic
.
•5
•7=4
27=4
161,
15
A Pittsiiurff
Rome Watertown »t Ojrdonsb,
St. Louis Alton A TeiTO Uante
Do
urof
St. Louis A San Francisco
Do
pref.
Do
Ist pref
Do
270
1
Rochester
:
•3U
87 >a
123
88
89 14
•25 "a 30
15', 16%
94 >8 94=4
•U'a
9
1'22
123 "a
-37
39
88=4 90',
Jan.
Feb.
«»'.
47(4
>
-
Richmond & Danville
Riehlnond .t W't Vl Tolininal
\Si
13
21'a
18
Kvansvlllo..
.fe
Iteadluir
PiUjbuti-' it. Wavne di Chic...
Rich, it Ailes.. sfktnistcUs.
I
27
28
10 's 10 %
16%
94 '8
"6>a
128
•8U
13'(
2
•16
2
:i-»-Continental...
1'.
-fl^
:
12
25
16
98 '4
28
IS*
1
i
18
42
t
A
89
pref.
pref
Do
.Ar':im
&»i
8=9
iJ-a
Ohio Central
Ohio.t Mississippi
Ohio Southern
Or-'"" -'.". [,luo
A
•6
8=8
'80
13=9
180
Northern Pacific
Paul
400
Western
Do
St.
15',
93=,
37
37
87"" "88"
80 -Is 87=8
Nashv.cIi:Utanoofra*k Ht.T-onis
New Yorlc Ct»ntral it Hudson
New York Chic. & St. Loui.s.
Norfolk
U'i U'a
12 "a
26 la
1)3 Vj
Ohio
JlHlrilc it
2,673
Woat'n
Jiris>;onri
Jlis.-oi.il I'aiilio
Morri.s
•57
68
31',Jane2«
80% Jans 27
6
30
4
185
223 20
1,017 110
70
9
142,464
OO'a
'26'i"iJ6''a
M. iinj olitAn Klevatod
ili.lML-:in Centnil
16
?....-»,,
660 28 Jnnea?
343 126>,Jane34
iBtpref..
&Ianhalt.in Beach Co
Menivliis <fe Cliarleaton
Jnnaar
129 118,465 1".
127=4 I'eb.
218,890 68i4Juiii:J7 94141811.
413 93 'a J line 27 119 Hih.
167,345 81iaJunn23 124
(eb.
2,110 117 Jnne'28ll40<*Feb.
6.808 0O^Jnne2S l36%Fcb.
100
6 Sept.26 la^Jao.
164 Nov. 18 SS Jan.
Manhattan Elevated
Do
Do
Do
S
pu
62
82
83
120 >a 120>a
•3l" "Vo
Jaa. SO
80<|MU'.37 90 Ail«. 19
SO Judo 28 80 Jan. 10
89 Jnno27 6H'4Jan. 18
24%Jnn<<27 67', Feb. U
8 May 22 12 Jan. IM
»9'4 0ct. 25 90 Jan. II
SO Jnaem) 67% Jan. 10
I
70=4
107
107
91 'a 92 la
126 1261a
7=4
1,013
Y.fiei
7.248
64
26
66 »8 67=4
05
24 °s 24=4 "24Hj'25%
New Albany t& Chic.
85
12U
121
78=4
•U'a 12'a •U'a 12
06=9
'4
-7'a
117'9l21>4
•U'a 13
Western
it
"io'
•15
Indiana lilooniiUKt'n
liilce
81
*
•»"»
—
.
ja
42=,
•10
12
8 "a
1
Houston A Texas Central.
2.718
a-ihl
•101,
*15
18
20 '4
31
0U<4
92
•,u
36
137=4 l:f734 1873, 137=,
Delawai'o LackawjiiiiiaA Weat 10«»8U)7Hi 107 '4 108 "a 108 109 'a 108a^llO'fi
l'
9
8=4
Drantlo
UHs
Itio
8=4
Denver (fe
9
U
DilbuoiHi A Sioux city
4 '4
4
4'4
4'8
4'4
Eaat'lVnnosijee Vu. Jt Oa
4>s
4's
7"^
7',
71,
•714
J»o
prof
7'a
8
•30
82
•SO
82
EvansvillB A Torre Hanto
•5
a
•8
(irepn Bay Winona & St. Paul
5'4
IfarU'in
July 3 135
136
i>ref.
Uaplils .& No.
(Ml.
(
was made at the Board.
t
I,ower price
Jan.
4
U ex^Uvidend.
1)
reo.
ii-
,
31%
50
8- ,9^
Id
May
10
Feb. 19
iO
17
14
18
35%
|i<K>
|a8CV
.
—
.
1
.
.
'
. .
1
THE CHRONICLE.
602
QUOTATIONS OF STATE AND RAILROAD BONDS,
STATE BONDS.
XXXIX.
fVoL.
IVOVEMBER
aS. 18St
'
SECUniTIES.
,
&
&
KH
RK
78.1886
7b, gold,
81
09
78 "a.—
1890
A8k.
Bid.
SECURITIES.
Loui nana,- 7.'<, on8.,1914
74=^1
Ki-matiired coupon
63
Missouri— 6.S, 1886
lOSia
68, rtnel8S9 or 1890.... 109
'92
A syl'm or Univ., rtue
110
FnuclinK. 1894-9.5
115
Hannibal <fe St. Jo., '86. 110
New York-6s, reg., 1887 106
68, loan, 1891
111
69, loan, 1892
1!.T
6s, loan, 189a....
117
N.Carolina— 69. old-. J.&J.
iiO
Pundlnit act. 1900 -..10
•2
10
10
10
10
3
100
101
110
New
bonds.
Special tax.
Do
Bid.
SECURITIES.
A8k.
Del. L. A
if orris
Ilailroad Bonds.
6s,
AUeg'y Cent.— 1st,
l.st,(>s,1922
(>s,19-J2 -Atch.T.& S.Fe— 4ii9, 1920
AtL
Cs, 1911..
Pac.— 1st, 68, 1910.
O.— 19^ 6s, Prk.Br.
<fc
Salt.^
Ra|).& No.-lst, 09
Consol., l.st, 5s, 1934--.
,finr. C.
lu.jr'stcred
arlnn.&i3t.I..— l8t,78,su.
!». City.A West- 1 at, 79
CRan. I. F.A N.— 1st, 68
Ist,
08
Hi:
Regi-stered
7413
76
Ren9.
102
1921
Denv.A Rio Or.- 1 st,
•87
1st, consol., 7a,
Den.So.Pk.A
.
1910
Pac— Ist,
88
. .
1
l8t, 6s, 19'20
I
A
•2d.
I
extended, 58, 1919
llHill....
2d,(o00),79, 1898
2d, guar. (188), 7s, •98i"U8'.j!....
Mies. U.Br'L'e— 1st. s.f.Osi *102
129
O.B.dS, Q.-C6n80l.79. 1903;
ISO
6«, sinking fund 1901..!
96^
68, debentures, 1913
1
1st, reg.,
Deb. ^»,
125
»
Baff.A S.W.— M.,63,1908
Ev. A T. H.— Ist, cons., 68
Mt.Vem'n— 1st, 69, 1923
Fargo .t So.-lst,6s, 1924
Fl'tA P.Marq.- M.68,1920 113
cp., 1917.1 l'^3"4J
126
103
.
'
.
1
I
i
A
2d,
I
126
120
let, 78, I. A D.Ext., 1908 120
Ist, S.W. Div., 68, 1909. 109
>95
lst,5s, LaC,.tDav.,1919 "95
M., 78, 1903...
78,
[130
1905
122
WacoA
General,
6s,
No., 89,1915
1921
1
Hou8t.p:.AW.Tei.— l8t,7s
*
2d, 68, 1913
Illinois Central
Sjiringtleld Div. -Cp. 69. *111
if iddle Div.— Reg., 5s
x.
I
98
lst,S.Mlun.Div.,68,1910' loaHi 109
let, H. AD., 78, 1910...^
122
I
I371.J
1'28>«
126
1081a
1102
I
I
I
'llO
921a
I
6OI4
92ia
493.
I
A Iron
'2d.7s.l897
St. L.
1
Mt.— let, 78 H! 13112
'102 11121a
Arkansas Br'ch— 1st, 79 luTia IO834
Cairo A Fulton- Ist, 78 105
lOB
Cairo Ark. A T.-lat, 7a 103ia 111."!
Gen'l r'y Al.gr., 59,1931
67
St.L.Alton A T.H.-lst,7s *115
2d, prof., 78, 1894 ....
1105 I1I2
2<1, income, 7a, 1 894
100
IBellov.ASo. 111.— 1st, 8sl
1
....
1
j
130^131
'
1st, 78. reg., 1900
,*128
N.Y. EleVd-lst, 79, 1906' 119
St.P.Minn.A Man.— l8t,79 110
•2d, 69, 1909
108 109
Dakota Ext.- 69, 1910.. 107>,.
l9t, consol., Os, 19:13
102:5 108
I
1st. cons., 6s, reg., 1933.1
lat, 6s, 1922 *io9"i;;.".";
St.
l8t,.5s, 193l[
So. Car. R'y-'' St, 6s, 19201 102 (..
Un.—
P.ADul.—
Min'a
69, '951
I
,
N.Y.C.A N.— Gen.,6e,1910| 32
34
2d,68,l[(:i'
Trust Co. receipts
32
331a Shenand'hV.- ]9t,7e,1909l
N.Y. A. N. Engri-let, 78 102 >4 103
General, ,.', 1921
let, 6a, 1905
94
Tex.Cen.— lst,8.f.. 7e,1909'
N.Y.C.ASt.L.-let,68,1921 "ii'u. 99
Istmorf., 7s, 1911
2d, 69, 1923
88
92
I
'
,
48
1
'
I
97
Tol.Del.
N.Y.W.Sh..t Buff.— Cp„59'
Registered, 5s. 1931..
IN.Y'.ftusq.A
Keok. & Des M.— 1st, ."is
"
Har.A S.Aut. -Ist,
6s' lOJia 107
Oentralof N.J.— Ist, 1890 113'«'ll3ia' Gal.
*100
'2d, 7s, 1905
Istconsol. assented, 1 S9t) 101 14 102
Mex.
A
Pac—
92
Ist, 39
Conv., assented, "s, 1902 100
2(1,68. 1931
10,13- ,-nV;
Adjustment, 78, 1903.
^"^ ^ Gr'nBayW.A.St.P.-l8t,68
74
il*
Conv. debent. 68, 1908..
58
Gulf Col.A S. Fe-7s, 1909 111
94
I/«h.<S\V.B.— Con.g'iLas.
96
•2d, 6s. 1923
Am.D'k&Imp.— 58,1921 •80
Hann. A St. Jos.— 8s,conv. 10319 103 "a
Chic. Mil, <SkSt.Paul—
Consol. 6s, 1911
112»8ll3
l»t,88, P. D
1291a
Houston A Texaa Cent
2d, 7 3.10, P.D., 1898...
1122
1st, M.I,., 7s, 1891
110 llO'j
Ist 7b, $ g., R.D., 1902. 128
Ist, Western Div.. 78...; 104 Hi ..
1st, LaC. Div., 78, 1,893. 117
1st, Waco A No., 79
1081a
lbt,I. AM., 78, 1897... 118:<119
2d, consol., maine liue,8s 110
11213
let, I. A D., 78, 1899.... 117
,
73
58
104
I
Collat'l trust.6s,1922
Plain4s, 1921
's-
119
Conspl.. Ist, 68, 10^22.. .j
Rtch.AAUeg.— lst.78,1920'
Rlch.A Danv.— Con8..g.,69|
1
.X.Y.P.A O.-Pr.l'n,
119
92
74 1»;
Debenture 6a, 1927
40
Atl.ACh.-lst.pf.,7s,'97| 106
1041a
Incomes, 1909
56
Sclnto Val.— 1st, cons., 78.
I
1021a'
lOS
'
Ask.
I
Roch.A Pitt.— let, 6a,192l'
102
114
102
*102
1903
I
I
2d, guar., 78, 1898... .1*112
Pltts.B.AB.-l9t,6s,1911l
RonieW.AOg— l9t,79,'9ll 108
Con., 1st, ext., 58, 19'22.
70
1901
,10314
Registered
Hud.lUv.-78,2d,8.f.,'85 1041a
Harlem -l8t, 7s, coup... 127 1,30
'
Div.— S. fd.. 58, 1919 104
Sinking fund, 48. 1919
Denver L>iv.— 48, 1922..' 92
I
Deb. certs., ext'd 5s
Long Dookb'nds, 7s, '93''111^
Buff.N.Y.A E.— l8t,1916i
;133
N.Y.L.E.AW.-New2d6l
la.
93
N.Y.C.A H.-l8t,cp.,78l 130'all31
•106
..
1
Bid.
'
St.L.V.AT.Il.— l8t,B.,79
2d, 78, 1898
!:....
99-,
I^IOO
S'thw.Ext.-l8t, 7s,1910| 113
Pac. Ext.— Ist, 6s, 1921.! 101
2d, 68, 1901
1
3d, extended, 4 ".js, 1923 101
4th, extended, 58, 1920.
Sth, 79, 1888
let, con9., gold, 78, 19'20 115
lat,con9.,fd coup., 7s. -I
Reorg Ist lien, 6s, 1908'
i
lst» C,
*85
7s, 1904-5.6
SECURITIES.
RR.— Continued-
4th.9.fd.,68,lS92
N. Y, Ceutral-6s, l.S87...;*10o
Eliz.Lex.A Big Sandy— 6s| •84
Erie— lat, extended, 78 ...'
!
A
52
I.
Clev.APitts.-Cons.s.fd.,*
Morgan's La.A T.— Ist, 6s{
Nash.Chat.A St.L.— lst,79 117
Elil.C.AN.— 8.f.,deb.,c.,6B'
I
110
'
Collator'l trust, 6a, 18921
Ist, l.;xteiision. 6s, 1927|
65
I
E.T.Va.AOa.-lst,7s,1900, 115
61»4
1st, cons., 5s, 1930
'93
Divisional 08, 1930
110
1
..
2il, income. 1911..*
H. A Cent. Mo.— Ist, '90*100
Mobile A Ohio— New 68.
103
1
I.
Pitt.C.A St.L.-l8t,c.,78 *
P.;-.ASt.l..-lst, reK.,78,
2d, 7.9,1913
......I
Pitts. Ft. W.A Chic~l3ti 138
2d, 7s, 1912
136
3d. 79. 1912
10712
2d, 78, 1891
Cons.
Cons,
46'al
78'
Det.Mack.AMarq.— lst,68
Land grant, 3 Sjs, S.A.
1
Consol.
1884.1913
liMo.K.A T.— (ien'l,6s,1920i
General, 58, 1920
i^l31ri..
1900| 80
Den. A Rioa.We9t.-.lat,68: "36^1 37l»
ruu.1,1898.. •104
1917
*133
Isf, 69,
1
I
68, reg.,
A Sar— l8t, cp.,7s
1st, reg,, 7s,
106
68, gold, aeries A, 1908 . 101
71
6«, gold, series B, 1908 .
'..•8
Hi
68, currency, 1918
27
*... .
Mortgage 68. 1911
94 Hi
69
Ches.O.ctS.W.- M. 5-6s...
119
Chicago <fe Alton— 1st, 7s.
Sulking fand, 69, 1903.. 119 120
La.
Mo. Riv.- 1st, 78. 119 1122
2d. 78, 1900
Chic— I St 1 1 6 . . .
6t. L. Jack.
l8t, guar. (564), 79, '94 116 I120
•C,R,I.&P.— 6s,
I
.
4<l
Penn.
Minn. A Mt.L.— l8t,79,1927 118
lowaExt.— Ist, 18, 1909' 112
:
(..
'..
1
Ask.'
'
Mil. I..S.AW.—l8t, 68,1 921
!
Itegistered
1899
Jack.Lan.&Sag.— 6s,"91.
Milw. A No.— let, 6s, 1910
I
40
46
4,
"39J3
1924
Registered
FundinirSs, 1899
*iO
79, 1911
Mich.Cent.- Cons.79, 1902 122
Consol. 58, 1902
102 la
68, 1909
Coupon, 58, 1931. ..
•bo"!
Registered, ,5s, 1931
L.
I
1st, cons., gu., 68, lOOej 1 12 ij
98',
77
'2d, Us,
Ist.cous., guar.78,190(JI 124*a'..
70
38
41
40
40
3-60.S,
Bid.
Metropolit'n El.— l9t,1908
'
1914
Bs, ex-nialureil couiion.
69, consol., 2d series
68, rtef en-ed
District of Columbia—
SSh
SECURITIES.
Mex. Cent.— l9t,
I
series,
C'mp'mt3e,3-4-5.68,19l2
41)
Manhat.B'cli Co.— 7s,l 909
llSi^llo
I
Ask.
BOIVDS.
iVi)""!;;!";
W.—
new
Virginia— 6s. old
69, new, IgtKJ
6s, consol. bonds
106
N.Y..»M.B'h— l8t,7s.'97
t
Oliio—
«&
I
13b la
I
&
money
134
Construction, 59. 1923: •97 "a 100
';8
79
Del.A Hud. canal -Ist, 78'
113
l8t. ext., 78,1891
10314 iira^j
Coupon, 78, 1894
no's'
85
86 "a
Registered, 7.9, 1891
l8t, Pa,Div., cp., 7s, 1917 •130 1131
Ist, Pa. Di%-., reg., 1917.
130
Alb. A Susq.— 1st, 7s ...t no's
100 (..
2d, 7s. 1885
*90
P.— CousV.ds
89, 1924
Can. So.— iBt, int. guar. 59
2d, 59, 1913
Reg., 59, 1913
Central Iowa— l8t, 7s '99
East. UiT.— Ist, 6s, 1912
HI. Div.— 1st, 6s, 1912..
Char. Col.
Aug.- 1st, 7«
Par.
'
let, conaol., guar., 78. . 125»!il27
1st, 68' 118Sill9
N.Y. Lack.A
yeneral,
-ChesHiH-ake
Ask.
mi
)
Tennessee- fls, old, 1892-8
68. new, 1892.8.1900 ...
1
1921
.'>s
Baff. N'.V.'&
A Essex— Ist, 78
1,886
nou-fnnilaljlp, 1888. (
Brown consol'n 6s, 189:1
I
68,
82
105 H; 107
lOiSi
1919
Ohio— es,
W.— Contin'd-
'2d, 78. 1891
Honda, 78, 1900...
790f 1871,1901
^Stock Eiclmnof Prv-fg.^
AJa.Centr»t-lst,68, 191S' --
Sinking fund,
Bid.
Shi
Wil.C.&Ru.K.
South Carolina—
68, Act Mar. 23, 1869
Bid.
Tennessee— Continued-
18
.T.<SJ., '9a.8
all classes..
Consol. 49, 1910
RAIL.KOAP
SECURITIES.
SECURITIES.
N. Carolina— Continued-
1
KH
jA.rkaiisiis— 6a, fnndert
78, L. Rock
Ft. f*. Is8.
78, Memp.A L.Rock
78, L. R.P.B.
N.O.
Vs, Jdiss. O. <fcR. R. RR.
78, -Arkansas Cent. RB.
<J -ur«ria— Gb, 1886
6ECURITIKS.
Ask.
Bid.
Aia<>auia— Claas A, 190tf
Class B, Ss, 1908
Class C, 48, 1906
6«, 10.208, 1800
"'4"l'
"76'
Debenture, 68, 1897
Midland of N. J.— let, 69
97
ABurl.- Main,«8|*115
lat, Davt. Div., 6s,
let, Ter-l trust, Os,
Tex.A N.O.— 1st, 78,
..I
West.— l8t, 68
97
120
1910
1910
1905
Sabine Div.-l8t,68,1912
«'i
Va. Mid.— M. inc., 6s. 1927
55
Wab.st.L.APac— Gen'l 6s 38
39
Chic. Div.— 58, 1910
71
72
N.Pac— O.l.gr., l8t,cp.,6s i0234 1027,1 Hav. Div.— 69, 1910
Registered, 6s, 1921
1021a
Tol.P.AW.— 1st, 78,1917 80 •S2N.O. Pac— Ist, 68, g., 1920
671a "bi"
Iowa Div.— 68, 1 921
70
Norf.AW.- aen'1,68, 1931 BO
9U<»
Ind'polls Div.— 69, 1921
NewRiver-lst, 69,1932
Detroit Div.- 6e, 1921 ..
OhioA Miss.— Consol. s.fd. lis"'
Cairo Div.— ,59, 1931 ....
Consolidated 7s, 1898.
lis
Wabash— Mort. 79, 1909
2d consolidated 7s, 1911
113
Tol. A W.— Isl, ext., 78i 104
Iq
102
let, Springfleld Div., 78, '101
la
96 14 100
1st, St. L. Div., 78, '89
OhioCentml— 1st. 6s,19'20i 64ia ""
2d. ext.. 7s, 1893
941a 99
1st, Term'l Tr., 69, 1920
Equipui't bds, 7s, '83.
let, Min'l Div., 6s, 1921
Consol. conv., 78, 1907
79''8
79
87 .jOhloSo.— 1st, 68,1921 ....
84
83 Tf
„,,
'88
Ot.West'n—
102
l9t, 79,
921a OregnA Cal.— l8t,68,1921
2d, 7s, 1893
9414
'66'
jOr.ATranec'l- 68,'82.1922|
67»(
a.ATol.-lsl,78, 1890
Oregon Imp. Co.— let, Os.
68
70
Han. A Naples— 1 st, 78
lOreg'nRR.ANav.— lst,6a 109
III.A.So.Ia.— I8t,ex.,e9
[
8019
In.Y.N.H.AH.— l8t,rg.,4s 110
Nevada Central— Ist, 6s--
Si"
I
'W
.
I
j
-v.-l
DfbeiHtires, Is, I8HI...I 99 1102
St.L.K.C.AN.— R.e.,78 Oi
Omaha Div.— 1st, 79 97
"9"7'
98
Peoria
Dec.
Ev.—
A
let,
68
96b
Clar'da Br.- 6a, 1919
89
Evans. Div.— lst,68,l'J20
93
95
9«"4 98"
St.Chas.Bge.- let, 6s
82
Peoria A Pek.U'n— 1st, 6ai
lOlia
C.AL.anp. Div., 58,1921 96
98
No.
Missouri— 1st, 7s. 110 !110'-a
A
Pacitic
Railroaiie—
Wis.A Mtu.l)iv..5B.1921 96
98
West.Un.Tel.— 1900,coup. ,'110
A
Central Pac— G., 6e
llOialll
'I'erruinai .58, 1914
1900, reg
\>im 110
Ind.Bl.AW.— lstpref.,7s:*115
Chic. A Northwest.San Joaquin Br. 6a.. 101 105
N.W. TeIegraph-78. 1904
iBt, 4-5-6S, 1909
72
Sink, fund, 7s, 1885
Cal. A Oregon— 1st, 6si
98
99
104
68I4' C913
Mut.Un.Tel.-S.fd,6s,1911
2d, 4.5-6S, 1909
55
Cal. A Or.-Ser. H, 6s.
Oousol. bonds, 78, 1915. lasts'
99
iSpring Val. W.W.— lst,63
Eastern Div., 68, 1921..
76
Laud grant bonds, 68.
Extension bonds, 78, '85 lOSVi'
99
Indianap.D.ASpr.—
lo
lst,7s!
101
West.
Bonds,
let, 78. 1 88.')
Pac—
69
104
104
INCOME BONDS,
2d,6s, 1911
No.R way(Cal.)— Ist, 6s '108 110 ulntrrest puythle it eanie<i.)\
Coupon, gold, 78, 1902.. 127 "-j l-iC, Int.AGtNo.—
'"
'
let,
68, gold 1051a 107
So. Pac of Cal.
l9t,68
95"* 93- Alleg'nyCent.— Inc., 1912
Regist'd, gold, 78, 1902. *;23
Coupon, 6s, 1909
72
So.Pac.of Ariz'a let, 69
Sinking fund, 6s, 1929.. 109 Ii'kji.
llAtl. A Pac— Inc., 1910...
!;
17
Kent'kyCent,- M.68,1911 *64
Sink, fund, 6s, 1929, reg i09'ii!
So.Pacof N.Mex..-l8t,68
. . .... ICentral of N.
J.— 1908 ..
Lake Snore—
Sinking fund, 58, 1929.. lOO^a'
Union Pacitic— 1 9t, 68 .. 112
,_,.
M.S. AN. I., s.f.. 78... 1013< 103
Ji.i* Cent.Ia.— Coup. dob. certa.l
Sink, fund, 5s, 19'-'0, reg 100 j'02
Land
grants, 78, '87-89
4 lCh.St.P.AM.-L.gr.luc,6a
Cleve. A Tol.— Sink'g fd. 104
Bink'gfd. deb., 59, 1933
Sinking funds, 88, '93. ir^y
95^! OS-^a
117% J9^
118 I, Chic. A E. lU.— Inc., 1907;
New bonds, 7s, 1886.. 103 19
25 years ik'b. 5s, 1909
Reg, Ks, 1893....
933,
1171a iDes.M.A Ft.D.-lst,iuc,6s
Cleve. P. A Ash.— 78... II412
It, fri.tcrod
Collateral Trust, 69...;'
1021a: ]I)et. Mack. A Marq.-Ihc'
119i»
Bnff. A Erie— New bds
Escauaba A L.s.— let.Os
do
58,19071
K.T.V.AGa.— Inc.,68,193l|
Kal. A W. Pigeon-l8t.
Des M. A Mtu'ap.— l8t,7s
Kane.Pac- lat, 6b,'95' 109 llfli., Elizab. C. A Nor.— 2d, inc.
Det.M.A
T.—
l8t,78,1906t
118
Iowa Midland— Ist, 89..
let^Os, 1896
ll):ial09
Gr.BayW.A
St.P.-'2d,luc.
Lake
Shore—
Div.
bondsl
119
Hi
Peninsula— Ist, conv. 78
Denv.Div.6s,as'd,'99! 1U4\
Ind. Bl. A W.-Inc, 1919
Consol., coup., 1st, 78.1
1271.
Chic.A Milw'ke»-l9t,"
Ist, consid., 6s. 19191
9514 96
Consol., inc., 6.S, 1921...
Consol.. reg.. 1st 7s. ..I'
125Wln.A St.P.— let, 7e, '87 107=4 108
C.Br.U.P.-F.c,7s,'95l
jInd'sDecA spr'il- '2d,incl
Consol., coup., '2(1, 78. .'118
118ial
At.C.AP.-lat,68,1905i 85
2d, 7s, 1907
'117
118
Trust Co. certiticates .
Coneol., reg., 2d. te ...i ...
Mll.A Mad.— l8t,6a,190'
1141a
At.J.Co.A W.— Ist, 69I bO
li.eh. A Wilkesh. Coal— '88
Longlsl.
RR.-lst,
78, '98 118
95
C.C.C.AInd'8— l8t,7e,8.fd,
Greg. Short L.— Ist, 6s|
.. 1211a
Lake E.A W.-Inc,78,'»9
1st, consol., 59, 1931
*lul
Consol. 78, 1914
Ut.So.— Gen., 79, 1909 96
110
.sanirky Div.— luc.,1920
LouLs. West.— l.it. 63
Consol. alnk.fd., 7s,1914
Exton., Ist, 78, 1909: 91
Laf.Bl.AMun.-.Iuc.,78,'99
Louisville A Nashville—
General consol., Os, 1934
Mo. Pac— 1st, cons., 6s.' 91
Mil. L. bh.A W.-Iucomes
Consol., 78, 1898
80
llSi^
Chic.St.P.Min.A Oui.—
3d, 7s, 1906
99 100
Mob. A O.— lst,iirf ., doben
CecilianBr'ch-7s, 1907' 88I0
38
Consi.l. r.s. 1930
Pac. of Mo.— l8t, 6s... 105
105%'
2d, pref., debentures
N.O.AMob.-lst,6s,1930.*
C.StPAM.- l8t,68, 1918
'2d, 78. 1891
1081a
3d, pref., debentures
•2d, 68, 1930
....
No. Wis.— Ist. 68, 1930.
S.P.—
StL.A
2d, 68, CIA
99
4th,
pref.,
debenture9
..
E.H.AN.— l9l,08, 1919 •
100
Bt.P.A S.C.-l8t,69,1919
3-68, Class C, 1906 ....
98
N.Y.Lake E.AW.— lucOs
General, 6a, 1930
90
Chic.A E.IU.— l8t,9.f.,cur.
3-68, Class B, 1906....
98
N.Y.P.AO.-l8t,incac,78
Pensacola Div.— 68,1920
ChlcStL.A P.— lst,con.5s
let, 68, Pierce C.A O
Ohio Cent,— Income, I9'20
St. L. Div.— Ist, 6s, 1921
4ii
Chic. A Atl.— let, 69, 1920
Equipment,
76, 1895.. •102
Min'l Div.— Inc.,7s,1921
•2d, 39, 1980
I9'23
2d, 68,
Oen'rmort,., 66, 1931.. •
100
Ohio
So.— 2d inc., 6s, 1921
Nashv.
A
Doc—
let 78. 115 117
ChlcAW. Ind.— let, s.f., Os
So. Pac. of Mo.— l8t,6^ 104
Ogdens.A
L.C.—
Inc.,
1920
S.A N.Ala.— S.f.,68,1910
Gen'l niort., 6e, 1932....
Tex.A Pac— let, 83,1905 100
PeoriaD.AEv.— Inc., 1920
Loniev. C.A L.—68, 1931
Col.A Oreen.-lst, 68,1916
Coneol., 68. 1905
Evansv.Div.— Inc., 1920
Trust bonds, 6s, 192'2...
77
2d, 68, 1926
Id. gr., reg
Income
A
3*734 38
PeoriaA
Pek.Un.—
L.ErteA W.— 1st. 68, 1919 81
IncBs
Col. H. Val. A Tol.— let, 5l8t,Rio G. Div., 69,1930
63 '( Roch.A Pittsb.— Inc,1921
Sandusky D1V.—6S, 1919
45
60
el.L. A W.— 78, conv., '92
do
assenlei
62
Rome W. A Op.— Inc., 7s. 28
Laf.Bl.A M.-lst, 68, 1919
31
791a
Mortgage 7s, 1907
Pennsylvania
BR.—
So.Car.Ry.—
Inc.,
68, 1931
Lonisv.N.Alb.AC.-l8t,68 •81
60
yr.Bing.A N.Y.-lst,7s
Pa.Co.'8guar.4ia9,l8t,cp
97ia
8tL.Al.Mt.— lst,78,pr.i.a.
General niort., 6b, 1914
flPa. Co.'s Reg., 1921
St L.A.4 T. H.— Div. bds.
No prices Friday; tbcM are lateat qoototions made
this week.
ChicAPaclMv., 68,1910 "114
1143,
lst,Chic,AP.\V.,59,1921;
Min'lPt. Div., 5s, 1910.1
C.StL.A N.O.— ren.1.,78 *115
1st, con.sol.. 7s, 1897 ..' 118
2d, 69, 1907
Gold, 58, 1951
lOS's
Dub.
S.
2d Div., 78 •! 16 la
Ced. F.
Minn.— Ist, 79! 117
C—
i
120
Panama— S.f., Bnb.6s,1910j
1
:
'
I
1
I
i
i
I
—
|
I
1
I
I
"
j
I
—
V
I
- .
1
,
.
'
1
.
I
1
|
I
1
1
)
November
20,
A
I'm-
IciliiT.
(>.
EAKNINUH.
Mamingt Ktpornd.
AlitOt.Soutlinni OcKilier...
Atoll. T.J( HK«
s. piiiuber
..
BoBt. 11. r. A \V 'J.lwk Niiv
Bur.(>.I.R..tNo. '2.1 »k Noi
IIM3.
lliU4.
100.7;?*
l.ftl'I.Oltl
Nov
Vov
1884.
112,.1A!!
»
8H4.H17
""6,6¥o
.192,oXl
wk Nov
DeH Mo. A
wk Nov
Dot.I/insyA No. 'Jil wk Nov
Dub.A8louxC'ity|-.d wk Nov
\V. 3il
Ft. 1>. 3(1
It. (i.
Ea«t«m
October...
B.Tenn.Va.AOa. O.tolicr..
AM wk
ETiinsv. A T. \l
Flint A V. Maro.
Flor.R'way
*
A Ucn. OctobiT ..
GalHnrA S..\n.|Wi'iit' iiiber
Olraud Trunk... Wk Nov. 15
Gr BavW.A8t.P.!-.'d wk Nov
FfcWortli
U.1S3
63,343
1 83.000
•Jii.V.T'ii
2!,180
8..178
2.'.7 11
21,318
323.097
412.289
40,72
21.279
40.60b
266,231
342,533
7,816
207.843
124
1,177.1)114
1,3'6,334
782.506
3.020 97:
.1,079.907
319. 17t-
662,50,
3,359,105
640,994
.•.5,13c
1,996,54)
2.229.4.32
25.162
Nov
.^0,200
Ceut...'2il wk
Mex.Nat., No Urfilst
Mexican
Nov
wk Nov
IstwkNov
Boutheni DIv.
Other lluea e.
.
Milwaukee
1
A No
at
-Jd
wk Nov
wk Nov
3d wk Nov
Mil. L.Sh.AWest.
Minn. A St.lx>uli- October..
Mobile A Ohio
Octiber.
. .
Mo
.
287,470
8.102
110.384
64.700
13,220
Louislan.a W'li.
September
wk Nov
Bt. Louls.;i2il
A
£9,.11K
35,053
36,429
I
>c
:
ober.
.
Vicksb.Sli.APac. ))ctober...
Wab. St. I,. A 1". :id wk Oct.
West Jersey
September
Wl«con«luCeut'l|2d wk Sovi
55,1 13
46,773
401,000
131.406
29.23.1
*
Not Including Utah
a.fiut.i'oo
1,U77.»I)0
2.42.1,000
«.'20«.800
Ueveuth Ward
8Ute of N. y
Amerlo'n Exoh'ge.
13.6ft"2.0(K)
Commerce
17.103,800
Brojilway
Mercantile
Pacific
Hepuhlic
Peoples*
00.700
397.000
380. too
5..";a5.IIOO
lil>8,600
5,975,100
2.067.800
l.9S5,'200
4.367.51)0
3.278,7110
1,061,700
7.5;l
1,400
2.98-1,700
Irving
Metropolitan
2,570.000
1.193.000
2,3»6.300
2.176.10O
2.719.50O
2.065,400
494,600
20.000
'2,80:1,000
4,3i>8,4llO
.3SS.0O0
CUUens'
Nassnu
Market
.
St,
472.200
3,978.000
oriental
1.41:V200
8S.100
9,795.300
4,146.000
20,000
1.834,6'>0
16.942,300
1«,7H1,UU0
1,020,000
1.061.300
12.799.H00
6,716,000
Park
North River
East Ulver
Fon'-th National..
Central Natlou:U..
Second National..
Ninth National...
1S,),700
l,H80«0O
4,171.300
1.740.000
424,000
863,800
6.061.900
597.000
1,203.500
'23-i.lOO
1.86".I.IOO
3H2.000
219,100
72O.500
8T2.000
3.: 74.1)00
Fifth Avenue
German Exch'nge.
2.411,700
1,639,300
Oermanla
1.83'J.200
103,000
314.400
Unite<l States
2,772,1,'MI
1,147,(100
Lincoln
1,532,900
967.200
866,300
69,100
1,0-0,70)1
88,71,0
742'48'3
489.5'-!
22 ^,89)
140,010
34t,!)0
207, 1 24
65,188
107.071
62,909
27,763
64,935
27.495
381,175
110,932
31,289
447,i)3S-
l,30.-<.435
1,623,191
1,697.331
1 1 ,900,01
1.9)3.235
81,625
2,7)5,860
5.26<».335
4,154,8;i2
819,24;.
5,107,353
813,049
2,194,012
631,374.601.804
11,311,083
2,274,562
703,464
5,112,885
8,6i9.044
950.812
399,887
315,196
2.504,893 2.973,368
40,846.616 42,769.2.55
023„S24
669.1261
2.661,706' 3,012.431
19.053.431 20,816.204
l:i.010,951 l'.'.338.353
3,135.733
607.877
Total
3,146,808
516,763
663,966
602,169
1,351.770
1,4-20,703
302,658
312,121
Loan$,
1,149,831
649.306
432.780
4,152.290
717,853
23 i.7-26
3,355.919
1.173.531
6.570,839
1,300,430
6,849.606
903.204
919,893
2,339.677
1,217.276
1,073,-JSO
832,911
2,775,514
1,633,219
447,32-.
531.976
610.917
830,405
320.2511
413,404
849,616
l'66',9S3
193.403
18,370,563 20,819,8110
868,513
973.999
337.830
401.038
160,983
97,900
1,060,812
1.236,182
982.924
1,254.448
lines after Juir 1.
Corpus Chrlstl to Saltillo, 397 miles; up to May embraced onlv
236 miles, Laredo to Saltillo.
e Only 136 miles now. but prior
to May represented 297 miles.
g Not Including earniniis of New York
Penn. A Ohio road.
A Not including Central New Jersey la either
year prior to June 1.
i Included in Central Paolttc eamlngg above.
) £iubra(Mag lines ui Mlaaourl, Ariuuiaas and Xexaa.
L. Tenden.]
$
W3'.60^
6oe,oo»
1,721,900
316,)>0«
8-<O,U00
067,800
3,656,400
604.400
,800
SS.OOO'
"s.ii^o
H«(),eo0'
586,400
649,600
186,800
791,800
427.000
185,000
641,000
674,700
i.STi.MO
000 000
6,795,900
854,000'
1.31'.
2,6 1 '2.600
423 0»6
46,000
6,400
4,462,900
3.470.4IM)
1.7o:).>)00
;!.;:i>«.»oo
U.231,100
SiO.OflO
647,0011
'2,721,000
141,000
451.500
330,000
316.000
654.000
3.444.000
2..-> 54.400
2,477.300
336.300
45 000
270.000
1,963,800
2,a62,000
4,106,700
1.053.400
6,816,600
400,000
1.842.100
1,733.000) 22,353.600
l,9'2O.;(0O, 21.145.400
l.SlJO.OOO
178,000
141.300'
882.000
1.341.400. 14.52»,800
1.6)J8.0UO,
8,501.000
3D3.000
2.431,000
4,335,700
403.7UO
709,800 17,046,900
915.000
4.7l'2, 100
1.1 '6.900
228.700
22j,400
l,i'7i.,8oO
41i,h00
2,413.400
2.8i5.800
338.200
361,300
4.061.400
181,6.0
2,651,300
400.000
2,209,900
2,'286,600
108.300
3,401,400
'243.U00J
181.600
1,336,900
921,100
230.300]
251.800
1,116,101)
44e.(K>6
S'iO.BOOl
617,000
4»6,000
43».0d6
6a°,ido
i.s'ii'iioo
46,000
224,400
360,000
297.0)0
46.000
45,U0O
449,000
180,000
223.000
l»0,0O»
U 0.000
46.000
176.000
130,000
weeks
past:
DepcMt. KTirculoHonUw.
ft
I
f
'
Cltar'ti
I
Nov. 81290,287,900 80,106,800 33.289.7001317.08 J. lOOllS.-i 00,200477,210.89 »" 10 2'.)). 550.400 '82,354.60(^ 38,459,100 :i23,35B,7)»l, 12,24 1,500,,127,64 1,75»
" '22l-288.539,700lH4,370,50ti 37,347,100 1325,-87,400) U. 7 ll,e»Oio55,711.i)0»
Boston Banks.
Loans.
1884.
N'V.IO 142,066,500
'•
"
n
—Following are the totals of the Boston banks^
Specie.
L, Tendtrt.
Deposits.'
^
m
r.298,600
$
$
5,850,900
142,544,81)0 7,16ll,i<00
143,129,0001 7,259,100
'24
6,43'2,9O0
6,617.260
Philadelphia Banks.—The
AM.CUw'm
Ciixu2a/i4>n
98,813.600 23.660.000
99.788,500 23.664,300
99,106,80o 23.436,600
68.639.91662,930,»6S67,080,681
totals of the Philadelphia
baak»
are as follows:
Nov.
"
"
*
Loans
Latofui Honey.
$
$
10..
17..
73,464,475
73,.(2-',857
22.6.i».888
22,31)1,740
24..
73,011,072
22.711,752
(HrculiUion.^ An.
DeposUs.'
<Mm'i»
a
*
69.321,063
70,-2U9,744
70.161. 869
7.954.869
7,914.545
7.919.241
44,014.96T
37.740,784
I
46.1 80.7 3»
Including the Item " due to other banks."
week
Securities.
I
Am. Bank Note Co
ttanUc A Pac— stock..
West. Div,, 1st
iiiort...
Cent. Oiv.,
Jst.,
a
M
Oen. luort
Best. U.
7
76
15»i
64
Ist niort
PilisburK
A K.—New sUKk
7^
IS
"la"
Kdt-iou Klectrlc LlKht....
(ieorgia Fui:.—.-stock
Ist ioort.,6s
40
A
1«
89
37 (J
6
trust ctCs
18
10
— Stock.
..
18V
60
Western ...
St, Joseph
Pac., 1st mort
St. Jo.
95
A
A
6s, Isl mort., in 'rexsn..
18"<
Uen. l«t,ld.Kr.Aluo.aii p.
rei.ACil. liiiu.-Kx-bd
U.S. Klectric I.l(lit
Vlossburic A Muridlar.
Pret
32 9!
Isl iuort
34
adiuori
I
s
Cable—Stock
'lei.
1st uioit
stale ol 'lenu.— £3et-m't.3s
61>g
Pref
1st inert
Ponlitl l'el.,t
la's
Incoiii.-ii
...*
.
10
100
37
•0
2d woi-t
Texas A Pac.— Scrip le84. 'ii'
88
Old scrip
NSWSGUD
36
Tex. A St. LoulsK.* A. Ur.. 1st mort.. 31>t
M.A A.l)lv..lncoiiies,a4 p 8
4>t
34
.v.— Adj. bonds
Mo. Piiclllc-Old slock....
M. K. AT.— Income s.'np..
N. V. M. Un. Tel.— Stock.
N. V W. Kh.A R.— -"toclt
8"»
18
w2M
3d mort
Kans. A Neb.. Isc mort.
21
Mexican Nauouat
MtttUn— Sl'ck
A Atlantic.
A Western..
16
Postal relcRraph-stock.
iKt mot t.. Us
Southern
6
9
49
2d mort
Keely Motor
55
50
Uenv. A Klo Uraude— Con
6s
DeoT.A Uio Or.
Ben. K. U. A W.. 1-t M.,
Ouar. by D. A U. O
W
UIT., 1st
1st luort
H.T.* West—Sl'ck
Pref
Cent, of N. J.— Dehent. ...
C onlinental Const.lmp.Co
Ohio ceou— Kiv.
Incomes
Peusaoola
'l2'
'!',
Debentures
Buir. N. Y.A Phlla
4slu
Pac— Div. (mihIs. 7»_
TV Nonh Hiv. Cous.~100 p.o 7>i
New Jersey A N.Y.— PreJ 10
North.
new..
Accumul. laud Krant.
Bank.AMerch. Tel.— Ist
old
latest quotations for
SeewritUs.
Ask.[
Bid.
16l«
Incomes
Bost.
—Following are
past:
556,99ii
1,049.653
207,931
l,277,7^1
214.616
a,473,'200
12.012,000
16.975.000
totals for several
Specie.
Unlisted Securities.
1,025,2-26
1,()73,206
S.iS.TOO
l.»J'/.400
1.701.800
18.796.000
3.897.400
288,539,700 84,370,500 37,317,400 325.887,400 11,711.6).0
The following are
1894.
12.396,41i
969,190
ia,i»i,»ao
Bowerv
N. Y. County
415,751
947,432
9i5,34!'
1,497.02!.
1,965. 1H(.
34'J,64:
2.450.11.-
First National
Third National ...
N.Y. Nat. Kxoh..
Uarlleld
FUtb National....
658.406
10,112
22,920
151.576
256,271
1,9-14.000
4,114.71)0
342.700
l,«48.l>00
2,4.(3,900
881,1.00
130.000
603.300
65.900
•i.Voi
2,:)O5,00O
14.:)4i;,())Xl
4.0-23,200
510,400
172,000
262.200
Hanover
13.1:l0.!lll0
Ih8.e00
745,100
«49.:<l)0
3,U01,l,!O0
...
4.6U«.>!00
601,000
439.500
210.700
106.000
ava.ooo
1
1,354,300
North Amerli^a
Loulsv.
<f
'27)>.)>00
O.riuan-.Vmerlc'n.
.
A Mer.
730.000
7BI.«nO
3.024.700
985.900
Chase National...
.
Vlck-tb'ri!
Leather Mannfrs.
»' 6.700
2,509.0.0
N..M October.
24.570
19.211
Union Paoiflo... September 2.499.271 2,881,6 lOi
Utah Central.
o.;tober...
112,301
116,127
Tol. A. A.
(iret-nwloh
JMl.MM)
00.800
1.)
l,tt8A.'200
2.554,3.30
!
TexasAN. On's.jSeptcmber
4.8t6.l'0O
/.7S3.800
Butchers* A I)n>T..
MeehanlCH' A Tr...
52.10<
364,75!
353.512
280.810 12.0)1,203 12,41)3,060
17,545
788,274
854.6^8
101,3s2
980,060
85.S2S5
.
Tex.A
Oallatln National..
*4ii.kd*
7.X7U.UOO
171.800
136.500
1.037,900
'24)1.100
l.S07.7nO
2,550,400
.
Arizona.i. j.XUf-ust
N. Mex.t.'Au;;uiit
^
I.
e.8o:<.U0O
357,246
261,675
.
153,009
232.381
130,615
62,994
.7<>6.6:
i.
1,0511, liou
U.iM.UOO
227,47:
.
So. Div.i. Aiijcust
2.1.).
Fiilton
Chemical
Men-hants' Rxoh.
3',55,i7o
1
Do
Do
Do
1
M7:i,ooi),
44,8.^8
!
Bo.Pac.Cal.N D.LviiKUSt....
1,179,31,
346.000
'.too
'.MOO
27,08
43.335
'35.314
1
. .
TradMraen't
.000
i,HOn
6.9l4,>
966.INto
2i9.-:oo
^'.000
4M(M»
M>oo
679,000
H-0,3O0
1
!>,•<
2.610.409
1,6)7,751
(A 1 M.) September l,ft37,01H|
Nash. Ch.A8t.L.,OctO'.er...
203,7 j7 201.320
W.O.& Northeast October...
80,0 11
12,435
N.Y. A New EnK'Scpteiubcr
281.638, 358.571
K.Y.L.ErieAW.(/:Hepteniiier l,732.73'J 2.129.014
N. Y. Pa. A O. September
5 16,325
711,81)
N.Y.Susq.AWcst October..
flg.oifll
94,01!
N. Y.Ont. AW..I.\uj{U-t....
215.418' 175,4.96
Morfolk A West Octoi)er.
^63.298* 297.027
Shenandoah V iOctober...
73.S571
89.3T4
Northern Centr'l October.
519,795 5!10,74S
Northern Pacittc.'dv.k N'ov 286,158 296.400
Ohio Central.... 2d wk Nov
24,20.'
21.313
OhloAMIss
j3d wk Oct.
99.786 106.119
Ohio Southern 2d wk Nov
12.681
8,483
Oregon A €al...'Seplcui' er
100,518
106.300
Oregon Imp. Co., September 299,821 382.242
Pennsylvania. lOctober.
4,4*7,.547 4,875.348
Peoria Uec.AEv. -.id wk Nov
14.5391
14,4a7
Phlla. A Erie
September 352.26il 386,274
Pbila.A ReadV •'September 2,876,451 3.333.217
Do C. A Iron .September 1,574,607 1,861,194
Bichm'dADanv. October... 429,179 429,83 4
Ch.Col.A Auk. October...
96,7,i3
98.205
ColumbliutOr. lOctober..
86.'247
93.019
GeorKia PaclOcteber...
65.990
42,501
Va. Midland. October...
167,596
176.167
West. No. Car. lOctober. .
41,513
44,000
Boch. A PlttHb'K 3il wk Nov
23.43(1
19,310
Bome Wat. A Ok. \u.just
176.>l,'.3
171,406
8t.John8b.AL.C. .3epiember
31.080
30,048
8t.L. Alton AT. H. 2d wk Nov
24.531
29.461
Do (brcliR.) 2d wk Nov
16.090
19,590
St. L. Ft. 8. A W 3d WK Nov
9,'289
8,998
Bt.L A8an Fran. 3d wk Nov
92,329
90,606
Bt. PaulA Uul'thiSd wk Nov,
36,031
31,015
Bt.P.Min.A Man.jOctober... 1,008,389
916,831
South Carolina October...
157,351
146.294
.
lo.:':-j -.oo
CUy
2,0 16,000
i,7o;i..»oo
')•),.'.oo
I
2,337.597
2,024,931
985,00:
798.42i
I'ae
. .
l,Olft,9oO
1.720.(100
4,.')2.','/00
9.480.130
13457
21:<,2o7
7,'J2H.«IN)
Union
America
Ph*nlx
8.703.040
2,507.59o
2,120
10,320
22.625
171.716
a.ooi.uoo
3.298,000
N.UU.IKK)
[mportera*A 'Trad.
148,374
Louisv.ANasliv.'Sd wk Nov
Mar.Hough.A 0.l2d wk Nov
Heuiph. A C'harl. Soptpniber
in.B'jd.ooo
7.6(19.000
Mcoiiauloa'
1.691. S92
2-'H.909
23.8521
34.905'
146.0
48.271
26,419
41.157
lionK Island
i3d wk
La. A Mo. Klver July
Manttattun Co
Merolmnta'
2-l,74:i
1.401.29;
194. 4S(
307,396
51,14
54,765
48,992
L.Rk.AKt.Sniith .Septeiuber
l,.Rk.M.Ulv.AT. September
New York
Nicholas
.Shoe A Leather..
Com Kxcliauge ...
CoQllneulal
317.831
•
ii
826,2S);
792,101
43,60,")
395,81'.
312.216
337,31H l.9^5.03Sl 2.»62.007
399,753 14,998.28.'. 16.848.110
20,!t32
Kan. C. Bp. A M.jlstwkNov
Kentucky Cenl'li2 wks Nov
L»ke Krie A W.. ISeptemlier
5i,7!»ll
3.2:)ii,(;3.
281.000
40,100
56,113
44,837
-.'d
!
455,593
14.930
wk Nov
Do
wk Nov
Ind. Blooiu.A W.
wk Ni.v
K.C. Ft.S.A OiiU 1st wkNov
(Ill.)...j2(l
(lowa)l'.'(l
aoV.o.iH
.I'ie.O'r,
29.426
3i),
Hous.E.AW.Tex'septenihcr
lU.Ceut.
.
ff~
Tm im,
Ditcoitnti.
(Tliatliara
"8,8i»Vi
10,760
263,43)
29.908
Gulf Col ASatiFc October.
Amrf Awmmt
tfOafu ntui
ISIl.OOU
Nov
wk Nov
wk Nov
yii
N. 2il
th*
New York CJty for tb«
enilinK at the coaunenoeiiMnt of buaineM tior. 28:
week
»
853.996
1,363,983 11,8.V2,8I9 ll.A10,B93
.
A
bow*
toOo^rtngtUtmmmt
'^•'J' PJ^. "'.•*tII»*
(jondltion
of the AMOoiat«d Bank* of
18SS.
.
Deiiv.
«0S
"^.7
Jan-lloLaUtUM*.
71,617 2.35H,43- 2.42).fl8s
123,00(
5,292. 9o(' 4.H47.0)ri
2'',0»>8
32 18- l,214.H4i' 1.077.801
Ceutntl Pitcltlc. octdlur
J.l,">2.0(>0 2.196!091 1.3,732. 4»t. 20.771,323
Clwann. i Olilo -J wk.* Nov
128..'>I8
165. HOI
3,071,850 3,421,00.'
EUz.I.^'X.AII.H.h! wks Nov
27,78*>
3l,i27
6.55. lO:
631.310
Chc8. O. A8.W.. i wknNov
63.ft73
1.1.'8,40.-,
60.01
1.1'23.449
CbK-HKO A Ali"ii|:)il wk Nov
3U2,»19 2U.7I>< 7,816.256 7,877.697
Chic. Burl. A O jS.>iitiMiil>iM 2.707.110 2,9t>g,IO.'> l8..505.H2.'i 1«.).34,197
Chic. A Ka«t. Ill :,1 wk Nov
3»,717
40.6O11,385.63;
1,431,079
Clile. Mil. A Ht.f, :t(l wk Nov
540.1 MM'
54'i,86." 20,606.(101 20,776.112
Chlo. A Nortliw Id wk Nov
486.029 504.2u>' ill, 833.629 22,505,373
Oh.St.P.Mlii.AO. 3.1 WK Nov
128,30(1
130,00(
5,184.99»- 4.913.229
Chic. A W. Mich. .'(1 wk Nov
2(1.777
30,16.'
1,818.311
1.377,644
Cln.Incl.8t I-.AC. XJ wk Nov
47.293
50,54 S 2.167,513 2,145,791
Cin. N. O. A T. r.lOctolH'i-.
237..^03
260.33
2,137,442 2.127,081
Cln.Wiwh.AUult.Vil wk Nov
3(;,289
30.3^4 l,531,6:it- 1.687.788
Clev..\kn.iiA o'lj.l wk Nov
8.SV5
9,.S4.'>
424.327
469.291
Clev.Col.<^A In<lis<.ptetnlier
320,12!»
411.014 2,767,531 3,225,032
Cotitiotton Val. Seplciniicr
29,174
32.782
Daubury A Nor. Mi'|it' miIkt
21.690
16,726
Isii'.sVt
157.316
DenvarAlUoOr. uiwkNov 1 1 1 ,r>50 129,74; *5,119,19i 5,905,600
OftDiMltaiil'notnc .'il wk
Oentrnl hiwii ...hatwk
.
THE CHRONICLE.
KAILROAII
WtKorM-
—
9
1
1W4.]
LattMt
Allaiillo
1
1
.......
..
*P
THE CHRONICLE.
604
%uvtstmtnt
There was, tlierefoie,
And
[Vol.
flue to the depression in this husiuess..
to depression in rates
XXXIX.
$1,761,526
596,267
Totalrteorease
$2,357,793
coal tonnage there was carried during the year 6,375,319
tons, being 305,501 tons less than the preceding year, but an
increase in ton-mdes of 35,088,931. The earnings per ton per
mile on this traflic were -674 cents, being a decrease from the
preceding year of •084 cents.
There was, therefore, due to depression in rates
$571,712
But the lesser amount of tonnage having been hauled a greater
Oistauoe oflsets this loss to the extent of
270,522
Of
'^niXvan.A
%ntclXiQicncc.
The Ibtvestors' Supplement contains a complete exhibit of the
Wunded Debt of States and Cities and of the Stocks and Bonds
of Railroads and other Companies. It is published on the
—
Saturday of every other month viz., February, April,
June, August, October and December, and is furnished without extra charge to all regular subi bribers of the Chronicle.
Extra copies are sold to subscribers of the Choeniclb at 50
last
and
cents each,
to
others than subscribers at $1
per copy.
ANNUAL REPORTS.
New York Lake
Erie & Western Railroad.
{For the year ending September 30, 1884.)
The annual meeting of the New York Lake Erie & Western
Railroad Company was held in New York on Tuesday, Nov.
S5, 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 80 to 50
per cent.
There was only one ticket offered at the meeting. The total
made up of 469,870 stock and 250,880 bonds.
was reported that Mr. King voted proxies for
stocks and bonds, Mr. JlcCullough ^38,000,000,
vote was
720,7.10,
Of
it
this,
$25,000,000
&
I.
Wormser
8.
^7,500,000,
K.
Suydam Grant
^3,000,000,
and Drexel, Morgan & Co., .$3,000,000. The directors elected
are John King, William Wliltewright, J. G. McCullough,
Ogden Mills, William A. Wlieelock, James A. Raynor,
William B. Dinsmore, 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 excepting Messrs. Strong, Welsh, Pai'ker and Goodwin. The board
was subsequently organized bj- tlie election of Mr. John King
as President, and the Prtsident is now Cliairman of the Executive Committee.
Of the subordinate officers, E. S. Bowenwas
re-elected Vice-President and A. R. MoDonough Secretar}-.
Charles G. Lincoln was made Treasui'er in the place of Bird
W. Spencer. The resignation of Cliarles G. Barber, one of
the t^vo assistants to the President, who has been connected
with the company since Mr. Jewett's first election, was
accejjted, but the vacancy was not filled.
No one was chosen
to succeed Vice-President George R. Btanchard, whose resignation went into effect on Tuesday. The office of Assistant
SecretLiry was abolished, at least temporarily.
The following summary of ox)erations presents at a glance
the fiscal results in each of the past two years:
1884.
1883.
Gross eamins^s
$21,637,43.5
Operating oApenses. 1S,:^58,077
Net carijiuga...
Otlier iucouic
Total
y22,8;)2,2-lG
15,444,5^3
Chmifjes.
Dec. $1,1G),8'.
Inc.
$7,3J7,«;3
S76,80J
Dee. $i.078,3(>o
Inc.
200, ;2j
$(i,35il,98a
$^231, 463
5,375,736
6,963,978
Dec. $1,877,450
Dec. 1,593,212
of directors to avail itself of this provision of
to posti)one tlie iiayment of the interest
that date." * * *
C.VK TRUSTS.
and
Balance
.
$9il,217
'1,079,^70
Det'.69S,G22
$1,205,485
D03.
$281,238
Mr. Jewett remarks of the car trust policy that the result of
" that in 1884, instead of paying out $310,797 for cars (as
in 1879) in which it had no ownership, and over which it had
no control, it has received in excess of its payments to other
companies for tlie use of their cars, $59,983 for the service of
its own cars upon their roads, thus making a saving to the company on that account of $370,779. This saving is more than
the interest upon the entire car trusts for 1884, wliich interest
is being reduced from year to year as the car trusts are paid
off.
When paid off, tlie care and engines covered thereby
will belong to the company."
Tlie condition of the various car trusts will appear in tlie
following statement. From 1878 to 1884 inclusive, tliero was
paid for principal $5,158,545 and for interest $1,649,851. There
is yet due on the principal of car trusts $5,666,000. running up
to May, 1893, and payable in fiscal years as follows:
Fiscal Years.
1885
1886
1887
1888.
1889.
IsOO
1891
1892.
.
.
.
Total
Sur. $1,265,485
Inc. $1,961,107
uapaiafiom Dec. 1, 1833, toSopt. 30, 1884
of the last official acts of Mr. H. J. Jewett, before retir-
Tills is tcumoiitlis' interest
One
ing from his connection with the New York Lake Erie &
Western Railroad Company, was to issue his report as President,
for the disastrous year 1883-84. The statistics of the annual
report, in comparison with tliree preceding years, are fully
compiled in the tables below. Mr. Jewett's report states that:
"Tlie working expenses have been 69-53 per cent of the
earnings (includmg for this purpose the entire gross earnings
of the New York Pennsylvania & Ohio road), an increase over
the previous year of 4-74 per cent." * * *
" The result of operating the New York Pennsylvania & Ohio
road from the commencement of tlie lease (May, 1833,) to Sep-
tember
Net
30, 1884, is as follows:
profit for tlie first five montlis to
Loss for
tlie
September 30, 1883
year 138 1
$199,540
270,281
Net loss to Septemlier 30, 1884
$70,741
loss is small when considered in connection with the
depressed condition of railroad business and rates during the
past year, and I am convinced that this road will be a source of
profit to your company, rather tlian a burden, and this quite
independently of the great strength which it and its connections afford for the control of traffic over it and the road of
" This
your company."
FREIGHT AND COAL THAFFIC N. Y. L. E. & W. PROPER.
There has been carried during tlie year of merchandise
—
.
,
freight 4,696,619 tons, being 688,051 tons less than the amount
transported during the previous year. The earnings per ton
per mile on this traffic were -746 cents, a decrease from the
.-preceding year of '054 cents.
tlie mortgage
due thereon at
it is
.
B.iiauco
Int. on 2(1 consols in
default to Sept. 30
$301,190
'
I
913,494
$5,279,357
1,077,625
Interest, icutals.&c,
Total decrease
" If the business of the company had remained equal to
that of 1883, with even the very low rates of that year, the
earnings would have been sufficient to provide for all its fixed
charges." * * »
SECOND CONSOLIDATED INTEREST.
" The 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 condition of the road and property of the company, it would not
be able to meet t)ie cliarges thus imposed upon it, and at the
same time provide for its further extension and improvement,
particularly in times of depression in business and of active
competition therefor between the railroads.
" Ht'iice, in view of sucli contingency, it was provided in the
second consolidated mortgage and bond that in case default
in tlie payment of interest shall be made and sliall continue
until on each of six successive due dates of coupons some
interest on the bonds secured hereby shall be in default,' no
proceedings to enforce tlie 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 tliese provisions
existed on the 1st of June 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 tlie board
I'lineipal.
$S76,O0O
822,000
Intercut.
$
!2.5,20()
8^2,000
718.000
524.000
260,000
275.070
225,750
176,430
127,110
78,000
38,250
9,570
$5,666,000
$1,255,^^80
8 i2,000
822,1100
Total.
$1,201,200
1,0J7.070
1,017,750
998,430
949,110
796,000
f.02,250
2tJ9,570
$6,921,380
CONNECTING LINES.
"The object and purposes of securing, in tlie intereit 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 the relations thus
sought to be established, and of securing periictually to the
New York Lake Eiie & Western Railroad Company the full
benefit of sucli connections and outlets to the various sources
of trade reached by tliem, so long as it complies, in good
faith, witli the obligations assumed in seeking such connections and necessitated in securing them.
"The Cincinnati Hamilton & Dayton Railway Company
has been a self-sustaining organization from the date of such
arrangement. Tlie Cliicago & Atlantic Railway Company
being completed to the point necessary for the througii business about May 1, 1883, was opened for that purpose, and has
been of incalculable advantage to the New York Lake Erie &
Western Railroad Company and its leased line, the New
York Pennsylvania & Ohio Railroad, since that time. Without Jthese connections your company would be absolutely
dependent upon other and competing lines to and from the
various sources of trade in the Northwest, West and Southwest. If it had been in such a state of dependency at the
beginning and during the period of the present contest for
traffic between the different lines, it is very manifest that its
through business would have been reduced to an extent much
greater than it has been." * * *
CHICAGO & ATLANTIC RAILROAD.
Mr. Jewett explains the Chicago & Atlantic bond matter as
follows: "For the purpose of providing the necessary means
a
.
NOVKMBBB
to put
THE CHRONICLE
20, 18S4.]
ms
road in proper condition for active and economical
1090<)1.
1881-47.
working, liotli for tlie through and local liiisiiiess, and to rt<|)ay Ixiromotlvrn
5.14
MH
8«t
riisii.,iiuill A
40J
4.1.1
to your (.•oiiipiiny tiie mlvanc<'a it ha« from timo to tinio made, PT.I(rtit ,-.,rn cxp.rnrs
*Otf
20.001
so.ion
31,4(7
the (.'liicaKo & Atlantic ("onipany was induced to put upon its Coril 1111(1 iitliori'iirit..
3,218
3,010
•»3,3J«
1.M03
j>rop<<i-ty a kocoiiJ uiortKiiKi'. sccuriti;^ lionds to tlio extent of
fS.OOO.ddO.
licforo tlio Ixmils wito ri'ully prepared for the
nnaVi\'ii''&:^^,ziz-,,^.'i,\\^^^
mar;.et, iicKOtiiitions wero enterwl uynm with (hlfererit partiea
Oi-ERATION* ASO HDCAI, nUCl.TS.
for their diinosition, during the |)endoucy of which llio tirm
I9sa8i.
isii-sa.
iH»2f)3.
of tir.mt & Ward niado application for the purch:iiiu of the
dcd..
0.141,1.18
lin
(M>:u.72t
entire issue of Iwnds, olferiu)? ninety jier cent therefor, which
w .. Cr)<>.H:i.;!)0 2'J',6,784.
i:io Ms:i VI- 11711price was fifteen per cent al>ovo that Huggested by any otlier
party o- parties. Xliat Urm was tiien in good standing. aii<
was en>.,";;ed in lar^e iinuneial transactions with other railroad Av.iuli- \l lull y luiUt osOJ ou. U 74U cU. 0-74U oU. ...: ..I,
•oO-jj eu.
coiupnni's and tinaucial iiistilutious of liio hixhest repute in
•
4.041.207
4,384.910
4.032.220
the country. One condition of th? negotiations with them, !I*^P«"
4,n7.'87»
Prellfht
14,0-12.128 17,213,6/1 l.'..77:i,004
however, wiis that the honds should ho listed upon the Stock MiUl,cxj>rg,renU,&i:. 15,002,27.1
0S2,0<J3
U4»,13U
0S0,3!i0
1,188,559
Exchange, for which puri)()so application was made; but after
'iv
20.715.005 10,973,774 22,802,246 21,037,48Jl
considerable discu.sj.ion on the part of the <!onimittee of the
Stock Exchange having the subject in charge, the application
2.oni»,no5
o r. >•. Ifiq
1,09.1,-|(J9
was rejected t)ecause of a defect in the engraving of tiie bonds. M:.
l.i)3«.»(05
C411'ii
l,oo!i.ii;2
:i.7»*2.SB2
This involved a re-onKniving of tlio l>onds which nece:<sitated Mo
;i.'i:i!»,.-, 1(1
ine« ...
5,('51.33.j
3.S32.!)71)
a del.iy of some weeks. In tho meantime the business of the 'Ir'Gciiunil u.\iii;uses...
410,323
010,578
O.iti.itiit}
iiit.t,WHt
count ly and the relations between tlie railroad companies,
itH
•
I
I
'
instead of improving as hoped for, became more and more
depressed and tho competition between the roads more active
and with reduced
tlie
Chicago
&
ratc>s
of transportation.
Atlantic Railway
had
Tlie advances to
t>een made by your
company.
" My anxiety to recoup the treasury for these advances (I
having no reason to doubt either the integrity or solvency of
Grant & Ward) led to a cliauge in the arrangement from an
al)solute sale to a temporary loan and a conditional sale and to
a reduction of the amount of the bonds to be placed in tlieir
hands from lJ5,000,000 to $3,500,000. Upon this amount they
agreed to advance $1,500,000 upon notes to run for a period of
four months, which were to be returned canceled at the end of
that time, and to carry tho loan for the full period of one year,
during whicli time they represented (and I had every reason
to believe.it) tlioir abdity to disijose of the bonds at the price
agreed upon, retaining from the proceeds thereof the |1, 500,000
so advanced; and accounting to the Chicago & Atlantic Company (or to your company, as the st ite of the account between
the two companies might justify;, for the balance of the proceeds of the bonds. Before tlio four months expired, however, they suspended, and it was then discovered that among
their other transactions, tliey had used the bonds in the meantime, as well as the notes given to them as above stated, to
laise money for their own purposes." * * » "Your company could lose nothing by the transaction, even if it were
obliged to redeem its notes at their face value, because it had
already received into
treasury the entire proceeds thereof,
amounting to |1, 500,000, and had credited that amount upon
the advances to the Cliicago
Atlantic Company. If, tljerefore, the necessity aro.se for it to redeem its notes, the ellect
would be simply to re-instate the relations to the Cliicago &
Atlantic which existed previous to the negotiation. Tlie only
danuage whicli could result to it would be the effect which the
failure might liave upon its credit." » » » *
In regard to 11\jb English committee that came to New York,
Mr. Jewett says " Tliis committee, after its arrival in New
York, witliont inquiry of sources from which facts could be
obtained, or without giving credence to facts when stated to
them, circulated the most serious and unfavorable comments
upon tho company, its condition, its ability to meet its obligaions, tlie danger of legal proceedings, &c., all of which more
seriously impaired and injured the credit of the company than
the failure of Grant & Ward or, indeed, any two such failures
would have done, had they taken place.'' * * * "Tlie
company, in the process of its various improvements, had
incurred a limited indebtedness, wliich was fully secured by
collaterals deposited with the parties who held its obligations.
It had the ortlinary current debts for supplies, labor anil other
items, which, when added to the bills payable and to the loans
secured as above stated, amounted to IJetween four and five
miUioiis of dollars, all of which the committee designated as
' floating
debt,' and they undertook to relieve the company
from the eml)arrassment arising from their visit by agreeing
to rair-o the money necessary to pay such debt." » » *
"The stejw necesssary on the part of the board to accomplish
this change (of executive) had, however, hardly been entered
upon, when it became an aclcnowletlged fact tliat the English
committee, who had ag^reed to furnish tlie money for the considerations before stated, were either unwilling or unable to do
80, and that their programme for the company's relief was, to
that extent at least, a failure. Subsequently, three gentlemen
in this city of known financial ability proffered to assume to
a certain extent, if no further, the obligations of the English
committee, provided that the gentleman named liy the committee as successor to the executive be chosen, wdiich proffer
was accepted by the board of directors. It is to be lioped they
will make good their assurances, and that the arrangement
will prove a satisfactory and profitable one to the company."
The tabl' s of comparative statistics, compiled for the
Chronicle, for four years past (including the N. Y. Pennsylvania & Ohio RR. from May 1, 18S3, of which (58 per cent
of the gross earnings are included), are as follows:
its
&
:
.
BOAD AND EQCU'MEKT.
Miles owned
Mile* I'sed A coutr'lcd
Total operated
.
1,020
.
Totnl
Netoaniiuirs
P. c. o p. exi>.to cani'g
COMPAIiATlVE glATEMEXT OF PISOflT AXI)
1»,358.077
3,270,808
09'5*
LOM FOB
TEABS
riSCAI.
1S82-S3.
1853-04.
P,!)7o,774
]3.08tJ,U34
22.80.',217
15,114,.J83
21,037,435
0,887,090
281,131
21,970
70,235
7,3.57,001
304,-J31
21,7l!0
5,270,3.57
301,!tl8
•;i,7.0
72,0 -iO
3o,ii21
18,910
3,805
73,108
17,954
5,317
1,181
20,741
61,500
43,012
477,978
1881-82.
„ _,.
CrediU—
&
Earuiu(ts—Main line
Working expcuseg
$
brandies.
Net carnluss
P.^vonlil fiii'ies -cainins:.')
I'avouia Hor.se KH.— laniiugs
N. Y. L. IC. & W. bngeaffo cxpre«»
WcebawbfU docks — earnings
(irand Opera House, Ao. -rents ..
Unelaiiiiedli.isrs,':igc,
&e
lu-ooklyii Ainifx— eaniiu53
Elevator at liiitralo
Ulako'sdock, liullalo— eamiugs...
.'
IntiTfst on securities
Sterlius e xcIiaTiiie
I'nterson A >'ewiii-k RR.—rent
Kent and expenses of stock yard.'t
Kr;e buildings— rent
Total credits
PeW/n—
Pavoula ferries —expenses
Pavouia Ilorse RR.— e.vpense.s ...
do
tuteii'St ou bonds
N'.Y. L. E. & \\'., baggage express.
WeohiiAvken docks -expenses
^Ti-and Opera House, &c.— oxp*8es
Umlalnicd baggage. Ac
Brooklyn Annex— cxpnses
Klevntor at Butfiiln— expenses
Uiakc's Docks. Burtalo— e.xi)enses.
riitercst
on funded debt
1
2>,3t;rt
2,840
18,918
40,214
s2
238,593
Co. l'ond.i-interest ..
Wceliawkeu Docks— interett
f iuarautcei interest
Interest ou loaiin
Interest on mortgages, Ac
"
Interest on eiiuiiniient.
Rentals of leased lines
Susp. Rr. A E. J. RU.— rent
Countci-signing bonds
I/0»idim otliee i-xpeuses
fitate of New York— taxes
Stale of Peuusjlvanla— taxes
.State of New Jersey— taxes
Cl'.iiiiis prior years
Lrlo liuilUiug— expenses
New York !<tato taxes for 1880...
N. J. State taxes for 1979-80
Ettemling 3d mortv-age bonds
2,.',37
24,710
•i?,-J26
:0,:i91
2^8,070
728
flOS
S.840
31,013
6,177
U.03U
19,<J20
8,171
2 7,395
18,232
7,068,335
8,231,463
6,336,983
$
$
24.j,l08
9
200.03-)
2»,S.'5l
20,872
6,978
70,b8T
260.010
29,621
7,123
71,014
25,899
20,008
4,047
39,299
40,722
42.200
7,000
67,045
28,442
37,848
4.314
2"i,107
13,318
4,0.i4
30.107
11,707
19,.^.'S0
.S7,7i9
4,.540,396
210,<i00
01,4.53
.50,903
91,li33
210.' -OO
01,4.53
50,908
f4,447
17,070
31H,4I8
704,301
18,021
4fi4,358
18,2ii0
724.003
13,237
1,256
13,S18
13O.502
127.524
24, .548
i;«,421
Y'.
Fu,
210,000
01,453
50.908
1(1,103
10,431
358,884
723,053
14,909
eo,0<K)
499
1.5,181
1
1.047
8,025
10,383
50,000
11,430
...
*4,0<;5,487
12,582
120,510
11,764
42,399
13,7.56
1,143
I
24,-JOO
24.26U
5.523
133,038
7,055,606
Itaili-oad Couiuilssionrrs' exp'ees.
Adjust, earnings of N.
10,1.53,078
1,1.34
4,310,309
Long Dock
A O.
Totaldebit.s
6,501,693
6,968,978
Surplus income
1,160,642
1,265,495 "dcf.OOg.Oai
" This allows for full interest on 2d eonsollilated bonds, though only
two months- interest of that fiscal year was actually paiil.
CONDENSED BALANCE SHEET seit:. 30, 198 2, 1883 AND 1884.
1882.
$
Debilt—
Tliiidnill
........
l'>(|Ulpllleut
Real estate
C'onstniellun branch lines
N.Y. Pu. A Ohio, construction
ItutValo elevator
Ship liaain and docks, Jersey City
I.cblgb (locks, liutfalo
Wecliawken doek». eoustructiou..
1883.
«
4,512,721
1,424,400
4,737,102
1,590.7.58
2,315,190
012.499
443,238
40,749
211,307
580,230
401,546
1,178,4.19
1884,
$
4,849,067
1,191,091
4,058,721
393.-201
300,521
U-e RR
Iraprove'ts at 4oih St. stock yds..
riagg's railway gate
N. Y. Penii.sylvaiila A Ohio
Paid on account of ei|Uipment
2,eo.',301
3,8<X).3()0
303,993
211.530
137.064
40,503
158,344
25,346
31,566
3,500
93,280
3,532.347
other ooiiipauies
lionds of other companies
.Vni'tsduobyag'ts, otherCos,, Ac.
3,209,107
273.8.0
3,158,479
2.90.».05J
2,995.315
•.•9.).9t9
Advances
3,40'),1'20
293.919
3.862.2OT
4.037.010
-
1,49 1, 109
070,095
308.017
..
ll.l--'0
New York A
Fi it
.•stocks of
1882-83.
59-2
594
1,028
1,028
C'ashou hand
1,622
(Jash in London to
Hills receivable
1,620
13,444,583
7,357,063
04-78
E.NDI.NG ShlT. 30.
580
4:0
1,060
13,088,003
0,887.681
05-30
*,I" »ll tlifl OgiirM for 1883-84 tUo N. Y. I'li. A Oli'o utatUtlos are
,
InoludiMl for the, i-iitli-o 3-par, tint In 1882-93 tlicv wero lii<>lmlo<l for flro
moiitlisonl.v, wliloli uccouDt't for tho npiianmt iiirvou.'<« lu li-dHlncmln
lHh3B'l. Till! Ilxuirs of tradic ilo not iucliuli- (o;il anil otlier suupU««
for tue Now York Liifliiiwaniia A Westmi Ooiiipanj'n use.
1881-82.
1883-81.
13,230,230
7.459,375
64-00
.Materials at shops,
Ao
pay coupons
211,307
214.539
1'2«.714
2 1 4, .539
126.714
37.113
134.545
23.346
31.566
3,300
153.345
25,346
31,506
2,500
31,CC7
40..503
4.2»9,8.>i
1.590.229
32 J. too
1 0.900
34,00;
897,890
840.4|B
i4.aaL
59,64)r
:
THE CHRONICLE.
r.O
tlie
Quarter end'g
l.-,0,901
Erie Railway,
<Sic...
Exteudiugsa mortgage
26n,(i75
2 59,675
269,675
476, '.03
471!, 163
29,788
150,659,735 150,311,883 150,147.676
lli4,0S0
218,310
172,602,350 178,089,495 179,815,587
Credits$
9
$
Common stock issued
77,037,600 77.150,600 77,192,100
8,140.800
8,134,800
Preferred stock issued
7.987,500
Fundeddebt (see Supplement).. 70,267,138 75.267,137 75.2ti8,485
2 255,533
Loans pavaWe
534,000
650.000
49,f00
1,053,418
173,634
Bills payable
2,288,961
1,292,002
Interest on bonds due and accniea
1,157,875
7.9^8
4.524
Preferred stock dividends
4.380
410.846
Eentals of le.ased lines, io
311,051
409.851
327,605
632,160
N. Y. Pa. & Ohio rent
895,853
939,584
Pay-rolls for September
684,826
1,918,503
Audited voucliersforfcupplies....
1,652.411
1,810,304
617.156
Trafflc balances, &c
1,018.521
598,066
150.894
Sundries
217,567
130,479
Assessments on com. stock Erie
2,791,224
EaUway ($4 per share)
2,791,224
2,791,224
Assessments on prel'd stock Erie
116.-190
Kaii-n-ay (f 2 per share)
116.490
116,490
Interest on assessments, &c
370,738
376,737
376,737
Balance of alvauces to construe.
tion and improvements
2,230.667
100,000
Sinking fund, tirst lien bonds
HO.OOO
Profit urd loss
5,903.043
7,120,354
6,470,378
Total debits
172.602,350 178.089,495 179,815,587
Total credits
GENERAL INVESTMENT NEWS.
,
:
—
,—3
Sejitentber.
.
IS-iJ.
1-83.
Net earnincs
mof.JulyX
1884.
Sepf.30~^
lo
$136,980
1«7.('84
.$80,123
& Northwestern. — The
East Tennessee Virginia
ings are reported as follows
& Georgia.—Gross and
1«84.
$105,615,865
$103,6-^7,144
LonisTille New Orleans & Texas.— Among the securities
recently admitted to the Stock List are the first mortgage bonda
of 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 lengih, aggregating .$13,641,000, interest payable March and September.
This prominent new railroad, 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
progress, will make a short route to the Texa,s, California and
Mexican roads in that interest. The road has but recently been
opened throughout for traffic, and it comes in season for the
moving of the cotton and sugar crop of the present year, as
well as for the passenger business of the New Orleans Exposition.
Although parallel with the Mississippi River, and distaht only a few miles from it, it traverses the line of densest
settlement, and touches in its course many towns and cities
from which
it
will derive
immediate
benefit.
Manhattan Elevated.— Following
a statement of the
Company for the
is
business of the Manhattan Elevated Railroad
quarters ending Sept. 30 and June 30
30. 18-*1.
Gross earnings
Operating expenses
$1,529,734
888,245
Quarter
endintj
net earn-
June
30.1884.
$1,728,742
917,2-J9
Net earnings from operation
Income from other sources
$641,489
-.iO.S.S
$781,512
20.315
Gross Income from all sources
Deductions from income as f.iU )Wfl
Interest on funded debt ot.the New York and
Metropolitan elevated railrOiid companies.
$662,001
$801,828
:
$341,019
22 ,>t67
4,167
Taxes
Rents
Totiil
deductions
all soulee^
$36=,238
$433,588
.-8368.141
Net income Irom
$293, 8i9
Northern Central Railway Company.— The comparative
statement of gross earnings and expenses for October and
for the ten montlis ended October 31, is as foUows:
.
OctoOei
/— 10 mos.
s
ended
Oct.
31^
1884.
1833.
$519,794
$590,747
$1.'
01,803
$5,112,884
Operating expenses
$243,617
Extraordinar.v i xpenses
35.362
$280,785
23,674
$2,519,692
314,383
$2,775,813
Qrosseamings
1881.
1833.
295.63-3
Totalexpenses
$279,009
$304,460
$2,834,030
$3.071, lift
Netearnings
$210,785
$286,287
$1,770,766
$2,071,138-
:
October.
.
4,314,ls4
4,164,962
loss
1.
188.''.
k(
$432,780
216.143
$95,231
$216,637
$239,896
directors of this railroad
company declared the regular quarterly dividend of 2 per
cent on the preferred stock, and a semi-annual dividend of
81^ per cent on the common stock.
Both dividends are payable Dec. 26. The books of the company will close Dec. 3
and re-open Dec. 29.
Vice-Presidetit Sykes stated that the
company's business during the five months ending Nov. 1 had
been satisfactory, and the earnings during that period had
been sufficient to pay the dividends just declared. Mr. Sykes
also said that the operating expenses of the road had been
reduced $600,000 within the last five months, as compared
with the figures for the corresponding period of last year.
Chicago
and
June 30. '84-.
$7tl.89S
2,783,981
3,244.769
.
Quarter
ending :^ept.
—
$153,871 $158,226
73 751
t2.y95
ProtlL
Quarter end'^
$741,997
Sept. 30. '8
Quarterly divid nd due. 1 "o per cent.
liue for wages, supples, etc
XXXIX.
:
Chicago & Eastern Illinois. A dividend of 2 per cent on the
income bonds of this railroad will be paid on and after Dec. 1,
Gross and net earnings have been as follows
1884.
Gross earnings
Operatiu.g expenses
[Vol.
1884.
1«83.
1882.
Marine National Bank
Discount on coinmou stock
Discount ou lioniU
Estate of
.
,
July
.
1
to
Oct.3\.
1883.
.
Pennsylvania Railroad.— The gross and net earnings for
$1,524,375 October and for ten months are specially compiled for the
219,117
7^7,396
767,521
Chronicle in the tables below. The result of the operation
Netearnings
$200,905
$.;36,470
$571,664
$756,851 of all the lines east of Pittsburg and Erie for the month of
Kentucky Central Railroad.—The committee of the New October was a decrease of $293,448 in net earnings and for the
York Stock Exchange has listed 1,880 additional bonds of this ten months a decrease of $827,736 thi-t year, compared with
company, making in all $6,380,000, and 11,000 shares of the the same period in 1883. On the lines west of Pittsburg there
Kentucky Central stock. This road is at present operated by, was a decrease in net profits of $161,314 for October and a
and as part of. the Chesapeake & Ohio Railway system. It decrease of $1,686,539 for the ten months, as compared with
1883.
$l.i5.5J3
Gross earnings
$412,989
Operating expenses 211,384
188i.
$1,372, M60
furnishes the Cincinnati terminus to the East Tennessee Virginia
Georgia, as well as the Chesapeake & Ohio, and by the
construction of a short gap between Elizabethtown and Lexington, will also furnish a Cincinnati connection for the
Chesapeake Ohio
Southwestern and Louisville New Orleans
Texas roads, thus establishing a third through line between
Cincinnati and the Gulf cities and Texas.
Lalfe Shore & Michigan Southern.— The statement of the
earnings, operating expenses and net income of the Lake
Shore and Michigan Southern Railway for the quarters ending
September 30 and June 30, is as follows
&
&
&
:
Quarter end'g
„
^epl. 30, '84.
.
Gross earnings
Operating expenses
$3,741,269
2,221,916
Nftenmings from operation
Operating
$1,519353
cost
Gross income from all sources
Dtductions from income as follows:
Interest on lundert debt and guamuteed
stock pi oportion lor the quarter
Taxep, proportion forilie quarter
Eentals, pi oi)oi tion for the quarter
Quarter end'g
June
30. '1*4.
$3..538.37is
2.030,211
81,-08.167
(59-39)
(57-38)
$1,519,353
$1 50-*
"' 167
$3,"2.742
$791992
135,000
111,^66
$1.0H9.I08
sources
$420.c44
GENERAL IIALANCB SHEET (CONDENSED).
,
..
„
„
Net income from all
1
i-ooo
llo',27,
$1.03 ,26;
$170,903
Asiett.
Cost Of road and equipment
Block ntid bonds of other companies
Other permanent Investments
Advances to V«lley Raili-oad
Due by agents and others
Supplies on hand
$81,000,000
13,771,018
4 819 379
'^"^'^^
_
..
,
,
'<
tiO-.
'276606
1,5'5SI00
1,125,423
1:19.078
276
Casfiouhand
$84 000 COO
11 67
7
4 S82'l-o
1
5''2'<tOS
87;.508
isiiioi
$105,615,865
$103,68-^444
Ziabilitiet.
,
Capital stock,
common..
$49,466,.«00
Capital stock, guaiantced
.'.33 5
Funded (Icnt-L. 8. & M. 8
46 442'o0O
Fund, d debt- Uet. Mon. & Toledo Road..
924 000
Ky
-iinded debt-Kal. & « hiteP.geon lioad.
Int. on funded debt accrued and not due.
600,'<
0>
877,117
849,406,500
v«
42
-•
n
442':
00
'92joon
coiiSoS
-jv^.^v/^
1883
:
LINES EAST OF PITTSBCItO
Oross Earnings.
18S4.
1883.
Six months.... $23,333,219 $21,352,579
July
3,9-^9.085
4,130.9-50
August
4.617,894
4.775,380
September....
4.458-871
4.63-1.998
October
4,447.647
4,875,318
.
.
AND
.
ERIE.
Xet Earnings.
1884.
1883.
$8.518.S26
$8,112, -.42
1,391.110
1.492,734
2,151,507
2,112,62-i
1,887,395
1,922,365
2,2i9,150
1,925,702
Total 10 mos. $40,816,640
$42,769,255 $15,467,962 $16,295,697
to the lines west of Pittsburg and Erie, the monthly
reports issued in 1883 and for the current year show the results
below.
The company's returns, however, state a loss sinceJanuary 1 in the present year, compared with the same pei^od
in 1883, of $1,681,247.
LINES WEST OF PITTSBURO A ERIK.
Net Hurptus over all LtaHtities.
1884.
1883.
Dec. in 1884.
$00 -,421
Def. $7z4,190
Six months
$182,931
.Inly
3.168
12i>,759
123.591
18,9.= 4
August
217,490
228.5:i6
September
52,815
318,522
265,677
131,187
October
292,801
161,314
As
Total 10 months
Def. $518,036
$1,168,503
—
$1,086,539
—
Philadelphia & Reading Central of New Jersey. President Keim, of the Reading Railroad, forwarded a letter toReceiver Little, of the Central Railroad of New Jersey, declining to pay the December dividend.
The letter was dated
Nov. 34, and stated that, the Receivers having declined to pay
the money for the December dividend on Central of New Jersey 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
the Philadelphia & Reading Company as lessee, on account of
improvements made by them. "The objects for which the
money furnished by the Philadelphia & Reading Company wasapplled by your company on capital accounts have been as
follows
For payment of principal of Car Trust Certieate
$680,604
>
Other bonds and certificates of indebtedness paid
Mortgage on real estate paid off
Floating debt paid off.
off
1
15. 630-
1.313
357,0<»
NOTEUBER
Tiili'iH'K'
\Vii;;i'«.
THE CHIIONIGLE.
29, 1^84.]
a criioil prim- to June 1. 18-):i, pHtd off
iiiuturluU, lil.H niitl book uvuuuiitA itoo June
9717,811
%ht
I, i>iJ3,
.ir
I'll
I
T.i\i'< ilin! prior toJil'iu 1. IS^S.pa'rt olT
eiiiulr}' ucuuuiir«, tickuts, wxi:. vXu
l.nj.^.^na
.
M.'ilt
n«9ct« mill hook noNiniitJi of t'f utral liiillioinl Ominiiiiy of New Jci'Mcy oxIalliiK Jiiuo 1, I8e3, Hiiit uliico ri'alI'Kl
1,3S9.04»
UOMMERCIAL EPITOME.
'
riifili
Total ln>1i'blr(liio.«4 piiM off
Eipouillturoa for itLTiiiniicut luiprovcnientH
From
(^ammttciiXl %*imcs.
10l,>'Sil
?J,UO,l 7
I^Ks
(Mil
Total expMirtlturos for cnpitAl
wlileli utdiiot
?l,7i?«,0;>7
2Ul,tt'i9
iii-coiint
$;;,0
amount
of bonds alrsady received
..,...,.,.„..., ..^
m-vuiinl
19,727
on
CO\00O
FiiiDAY Nrour, Nov. 2i. 18SI.
The intervention
this
week of a clow holiday (ThankuKivlog)
upon trade, altUoui{h the oolj weatlwr
ha« had its luual effect
hai not been without its natural efftjct in improving som*
branches of business. Reduction of wages and the curtailment of production in manufactures and mining have mad*
further progresi, and there can be no doubt that the new
4i.....
$I,UP,727
year will open on a plane very favorable to a sub«untial
injunction recently granteil by tlie
New Jerst-y Court to proliibit the New Jersey Centnil Railroail revival of industry and commerce. The reduction in wagps
from issuing any of its securities ta tlie Resuling Coiupaiiy has is attended with a reduced cost of living, and reduced cost of
been postponed till Doc. 2. In tlio uieantiiui* tlie re.sti-!iii)in« production promises not only revived
trade, but an extension
order was removed on Mr. Oowen's givinjf liia word that no
of its field.
issue of stix'ks or Ininds shouM be made before Doc. 2.
1 he speculation in lard futures w.is much depressed
The Ret«ivers of the Philade'peia & Reading have made
early in
arrangements with Messrs. Drexel
Co. to purchase the cou- the week; but a comparatively small number of swine mar.
pon and registered interest of tlie 6 and 7 per cent <'onsolidated keted at the West, and a firmer feeling
in corn, caused a
mortgage bonds, amounting to ij;6-27,ri25, due on Dec. 1. The
rr-aotion toward better prices on Wednesday.
To-day the
Messrs. Drexel stiite that the interest which was bought by them
in June from the Receivers was re-paid within one month, and market was again weak, closing at 7-14(i«7-16c. for the next
that the present advance is to be provided for in like manner. three months and 7 •34c. for February, with the later deliveries
Raliiuco*.
4
—The arKumeiit on the
—
&
& Western— Pi ttihiirj Cleveland & Toledo.—
I'/iiladelphi'n Press gives the following account of negotiations lietweeu these companies: " Tlie Pittsburg
Western
Railroad also owned one-third of the ro.id, and af;er the
troubles of Mr. (iarrison, the Pittsburg
Western l>ought the
whole road. Messrs. Garrison, Andrews and McCreery did
Pittsburg
The
&
&
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
were endorsed. The Pittsburg & AVestern bound itself to pay
into the Central Trust Company or some other trust company
or Kank in the city of New York $3,000 monthly from the
earnings of the Pittsburg & Western and the Pittsburg
Cleveland & Toledo, to meet the interest chai-ges on the
f 3,400,000 of first mortgage bonds of the Pittsburg Cleveland
Toledo. The Pittsburg & Western then agrees to transfer
to the Baltimore & Ohio 1.1,000 shares of Pittsburg Cleveland
Toledo stock. The Pittsburg & Western agrees to pay
f 500 a day into the First National Bank of Pittsburg to the
credit of the Baltimore & Ohio until the ^12,000 a month has
&
&
been deposited.
*'If the Pittsbvrg <fe Western fails to keep its contract it must
transfer the lease of the Pittsburg Cleveland
Toledo, with
all rights and privileges, to the Baltimore & Ohio."
&
Texas & Pacific.—The committee
of bondholders in Philadelphia have accepted the modified agreement offered by Mr.
Jay Gould, and President George B. Roberts oi the Pennsylvania
Railroad is the director agreed u]X)nby the representatives o'
each party. The ticket to be voted for at the next election,
in March, 188.1, is as follows: John A. Wright, John Markoe,
James P. Scott, Charles O. Baird, John C. Bullitt, J. J. Wistar. John N. Hutchinson, William Winsor, Jay Gould, E. S.
Hayes, Russell Sage, Thorais T. Eckert, George J. Gould,
Frederick L. Ames, A. L. Hopkins, John C. Brown and George
B. Roberts. The first eight of these represent the bondholders,
the eight heailed by Jay Gould represent the stockholders, and
Mr. Roberts, as stated above, is satisfactory to both parties.
The agreement is said to embrace the following points: The
interest on the consolidated bonds is to be paid in cash. The
new terminal bonds are to be used for money borrowed. Arbitration by railway experts to examine into the question of
rates with connecting lines, and, if inequitable, to adjust them.
Rio Grande division and New Orleans Pacific coujjons are to be
funded one at a time as netded under tie piesent scheme on
the basis of J^ cash and }^ in the new terminal bonds. Coupons of consolidated bonds, though pjaid, are not to be canceled, lint to be held in trust to protect the company against
suits of Income and Land Grant bond holders. Notice is issued
by the Texas
Pacific Company that the requirement obliging
holders of the Rio Grande Division and N. O. Pacific bonds
to present their bonds to be stamped have been dispensed with
Holders of bonds that have already been stamped can have tlie
stamp canceled, if desired, by presenting their bonds at the
office of tiie company.
&
Praclieal Hnnkini;- By Albert
S. Boli.es.
—Theauthorof
this work frankly Rtat»s that UU aim has not been to pro<lucc
original work but the best text book on the subject; and to
this end he has called to his aid and publicly acknowledges
the services rendered by bank cashiers. Clearing House managers, secretaries of trust companies and other practical men
connected with financial institutions. The work is treateiJ
under four divisions: Part I. relating to De|)08it and Discount
Banking: Part II. relating to Savings Banks; Part III, relating
to Clearing Houses; Part IV. to Loan and Trust Companies.
This work on Practical Banking is therefore specially intended for those desiring to learn how the banking business is
an
•conducted.
Price 83.
Roman's Publishing Company,
251 Broadway.
nominal.
Spot lard has been less active, and closes at 7-lOc.
for prime city, 7-30(a7a5c. for prime Western and '•j0(g7-5.5c.
for refined for the Continent.
Pork has further declined,
and closesat f 13@$13 25 for mess.
Cut meats and bacon have
favored buyers, but close steadier. Butter is easier at 20fa30c.
for creamery. Cheese firm at 8>^@ 12J^c. for State factory.
The following is a comparative summary of aggregate exports
from Oct. 27
Pork. Ills
Rucon, lbs
Lard, lbs
to
Nov.
22.
1884.
2.738,200
2.'>.287,7C0
16,748.803
19<^3.
4.82->.8O0
2i:,379,331
1!»,372,817
Dec. 2.087.f;0O
Deo. l,0;*l,!i«i8
Deo. 2.(>2 1,014
Total
44,774,769
50,577.951
Dtc 5,803,182
Brazil coffees on the spot close barely steady, but the advance of last week to 10c. for fair cargoes of Rio is nominally
maintained. Options, however, have sharply declined, under the
increased selling movement, and t>day closed with sellers at
810c. for Dec, 8-25c. for Jan., 8'35c. for Feb., 8-45c. for
March and 8'35c. for April. Mild coffees have sold fairly to
the trade. Riw sugars have been dull, and were to-day quoted
at a further decline to 4 13-16@4 15-16c. for fair to good refining, on the spot, while the speculation is quite dormant.
Refined sugars are also cheaper and unsettled
crushed
6^8@6?4^c., and standard "A" 5?g'@5%c. Teas quiet; Japans,
14@29c.; Cnina black, I4@37c.
Kentucky tobacco has remained very quiet throughout the
week, and prices are nominally as last quoted, being held
with much apparent firmness. Seedleaf tobacco also shows
a limited movement, and prices of most grades turning in
favor of buyers. Sales for the week include 150 cases 1883
crop Pennsylvania on private terms; 350 cases 1882 crop do.,
9@14c.; 120 cases 1881 crop do., 6@ lie; 130 cases 1883 crop
New England, 12^@35c. 100 cases Wisconsin Hivana seed,
16® 35c.; 80 cases 1893 crop State Hnvana, private terms, and
120 cases sundries, .j@33c.; also 335 bales Havana, 80c.(3$l 18
;
;
and 120 bales Sumatra, $1 30@|1 60.
The spe/;ulation in crude petroleum certificates has been
rather di^l throughout the week, and the fluctuations in
prices, in the absence of important advices from the wells,
have not been important, but the tendency of prices has been
upward, and to-day something of a "short interest" appeared,
causing a sharp advance to 77c., closing firm. Refined oil is
unchanged. Spirits turpentine has been doing better with
speculative transactions at 33J^c. for December and 33c. for
January, but the close is quiet and other naval stores more
or less nominal.
In metals, the speculation in pig iron has gained strength,
hut at to-day's excliange certificates were quiet at $19 50®
$17 25 bid. Tin at some decline closed about steady; Strait*,
16}^@16i^c., on the spot, and I6'46@16v')5c. for future delivery.
Tin plates are dull and easier. Copiier heavy at 12^3
L-fad nominal at 3J:i^@3?8C. for domestic.
li'gC. for Like.
domestic and foreign.
Ocean freight room continues scarce and rates have in some
cases further advanced, while shipments have been greatly
delayed.
To-day 7d. was paid for grain to Liverpool by
steam, while current rates were 7 32d. for cotton, 358. for
cheese and 27s. 6<1 @30s. for bacon. To London B.^^d., to BrisTo Cork for orders, chartol 6>i(a6?id. for grain, by steam.
ters have t>een nominal; grain vt-ssels 5s. for Dec, loading at
To
3s. 3d.@3s. 8d.
Is. 9.1. for Jan., and petroleum vessels
United Kingdom and the Continent large vessels with petroleum are done at 2s. 3d.@2s. 6d. The export movement in
wheat evidently awaits a lower range of ocean freight.
Sn>-lter dull at 4'40(g4'90c. for
1
COTTON.
Friday, P. M., November 28, 1894.
The Movement op 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 reached 281,693
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
2,420,284 bales for the same period of 1883, ehowing an
increase since September 1, 1884, of 85,167 bales.
at—
Hon.
Sat.
Galveston
Tues.
5,633
Thurs.
TVed.
Frl.
3,143
2,790
2,392 4,430 3,661
Indlanola. &o.
296
New Orleans... 17,461 21,925 11,871 12,024 16,630 13,273
Mobile
1,690
1,861
3,950 3,190 1,598
2,662
Florida
6,723
9,991
SavanniiU
6,096
5,016 5,331
6,119
6,762
Brunsw'k, &c.
1,000
Charleston
5,654 6,499 5,094
5,217 4,101 3,011
Pt. Royal, &.O.
1
Wilmington
Moreh'd C.,&c
Norfolk
756
<S:c.
week
10.33(!
1.377
2U6
New York
44,111
None.
3 0J0
6,000
None.
700
785
423
4.860
5,702 10,533
8,278
7,967
6,785
5,183
21,279
43.900
21,279
540
997
32
669
177
456
1,196
22
90
87
85
•12,555 59,210
423
486
Baltimore......
Phlladelp'a,
22,599
Galveston
Norfolk
857
192
811
3,503
218
72
218
1,407
39,010 37,599 41.003 00 316 284,092
For comparison, we give the following table showing the week 's
total receipts, the total since Sept.l, 1884, and the stock to-night,
and the same items for the corresponding periods of last year,
1884.
1833.
I
'Receipts to
This \SineeSep
Week.
1, 1894.
Korember 23
This
Week:
22.599
New Orleans...
93,207
14,854
6,728
39,343
l.OCO
30,496
298,819
7.972
669,179
107,163
28,383
469.750
7,710
315,258
1
1,218
229
4,8(;o
62,454
4,334
292,211
5,489
Moljilo
Florida
Savannah
Bruusw'k,
itc
Charleston
Pt.Koyal, &c.
Wilmington
M'heiHl C, &c
Norfolk
Westrolut,&e
423
43.900
21,2:9
162604
New York
486
Boston
Baltimore
3,503
219
993
PhUadelp'a.Jtc.
1.167
10,471
32,983
343,599
139
6.857
61,75(i
695,777
131.615
17,301
417.987
6.131
268.895
14,667
2.C41
30.377
236
17,386
902
2,161
5,337
139
89
1883.
59.133 95.695
101
111
293.603 321.091
21.020 41913
0.217
3,005
141,436 105.351
103,752
5,333
61,912
7,238
300,308
110,072
10,018
28.217
33,629
11,287
7,577
31,117
1884.
1883
1,
Galveston
Indianola,&o
296
£tock.
Since S'p.
79.420
1,035
17,722
1
22,668
81,028 53,627
11,217
123,051 193 827
6,310
4 905
21092 23 497
5,000 10.273
2.8 >9
5.490
2U,692 2,505.451 222,135 2,120.294 903 602 937.493
In order that comparison may be made with other years, we
give below the totals at leading ports for six seasons.
Tot.il
Seeeiptsal—
1894.
\
1883.
I
1832.
1831.
1830.
15,713
64,517
13,9*8
3i,678
26,190
9.056
39,233
2i»,S03
22.189
41,501
17.222
33.928
33,179
7,014
41,203
11,2)6
24.261
55 017
18,900
31,165
22.690
6,073
35,599
19,176
222,170
213 341
216,167
I
Galve.«t'n,&c.
Norfolk. &c..
All others
22.895
93,207
14.951
39,345
30,497
5,233
65,179
13,432
Tot. this w'k.
231,632
New
Orleans.
Mobile
Savannah
Charl'sfn. &c
WHm'et'n.&e
33,1
61,756
14,667
30,377
17.615
33,405
74,354
12.511
33,706
30.032
6,451
7.602
44,916
10,226
48,939
14,138
222 185
255,097
1879.
Total 1884.
1 2505.451 2420.28l'2412.337 2345.
214I2539. 057 2351.105
Galveston includes Iiulianola; Charleston Inciudus Pore
Kovul ite
Wihniugton includes Morehcad City, Ac; Norfolk includesVeft
PoiiltXi.'
^eek ending
this
evening reach a total
or»??f
146,o5o 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 900,663
bales.
92,930
39.902
28.301
116.901
67.639
161,713
37,617 102,032 19,772
321,154
582,503
113,391
170.295
49,337
23.971
197,858
264.743
759.640
520 292
Exports
Great
Conti-
Total
Btil'n.
nent.
Week.
Galveston
New
Orleans,.
23.
....
28,139
24,516
~5,07B
34,219
5,075
66.901
Mobile
From Sept.
1131. to Nov.
Expoi ted to1,
Great
BrlUiin. France
77,734
18,^,330
I.BIO
89.373
Contlnent.
83,512
116,059
S,2BS
—
1
Charleston*...
"WJmlngton...
1,600
1,400
5,900
5,310
•^.nao
W.083
York
Baltimore ....
10.S13
1,805
1,842
Fhlladelp'a.&o
737
Total
18SS....
• Includes
1,207
8,560
2,BSl
1,049
7.100
0.740
5.660
26.533
20.279
1,805
4.333
1,785
70,001
73.109
21,374
123.361
102.141
S7.433
52,120
22
—
Ui'LANDS.
to
Nov. V8.
Sat.
Ordin'y <p tt)
Strict Ord..
Hood Old..
^>
hSs
1
Mon Tues
83,
NEvV ORLEANS.
Sat.
ITIoii
87,6
87,6
8*8
8'«
H-'k
9h» y'M« 97, „ 9iii» 91116
Str.
a'3i^ 913,„ 9'3io lOiie 101,6
LowMidd'g 101 18 101, fl 101, U<'<« 105,6
Str.L'wAlid IOI4
10>4
10^ lO'a loii
Middling... 107,9 10', ft 107,3 10iii6:i01i,«
Good Mid . 105s 10=8 10=8 IO'h lOTg
9tr.a-dMidlOl3,e I0l»i„ 10i3,e lli,« 111.
Midd-gl'iUr 113|« ll-'i,, 1>3,« llhe. 117,6
Fair
lllISi« 1113, iii;i,„ 121,6 i2i;6
GMOrd
Wed
Ordin'y
8<>H
.
97t«
ti'dOrd
91-"ib
>>
I^vwMidd'glOiie
Str.L'w.Mid l(i'4
Middling... 11 07(6
(;ood .Mid.. 10=8
Midd'gFair 113
Fair
Frl.
a
a
„
ll'^ib
Orilinary
Stiict Gooil Ordinary
Ijow Jliddlmg
Tl».
10T8
10=8
RT,n
lA
a
;=3
SV
911,6
101,6
105,6
lOV
loC io4
XOH
1011,6 1011,6 1011,6 10"is
J07„'" 10
It) 'a
Ill's
111,3 ll'ie li'ia 1IM«
ll'ifl 11'
ii'ie
11'
i2i;6 i2>;6 12116 l-'l6
V
fl
Wed
Frl.
Frl»
Tto.
10ii,olOU,p
fl
a
18
81a
9i,
9:5
MARKET AND
Tues
S'le
S'ls
8',e
8 '6
8'h
911,6 91 'ir, 0"ia.
101,6 101,6 101, i
105,8 105,6 10B«
H-'rt
lO's
111-6
ll'l«
lOTg
111,6
121,
121,6
87,8
8V
9"l«
S
101,8
103
3
K
lOllia
io4
lO^fl'"
111,
117*
ll'm
12116
inon Tues TTcd Tb.
Sat.
Middling
HIoii
87,6
R'fl
h'r
911,8 811,6
101,6 101,'
105,6 105i6
io4 vy-!f
lOiiin 111,8
113l' 1117 6
1113,„'l21,„
^ lb.
Sat.
87,6
8'8
S^S
911,6
9;,,
913,6 Kil,,,
101,6 :10--,«
1014 llOis
lO'ia MII13
STAINED.
Good
Wed
87„
83,
Ord
Good Ord..
Strict
Str.
Til.
«i
TEXAS.
Tues
83,B
H^R
713io
Sia
95,6
713,6
8I4
95,6
915,61
915,61
I
Frl
713,6
8I3
Holi95,6
day,
fl5,g
1)15, (S
9i4,a
713,9
SALE?.
The total B.%le3 and future deliveries each day during the
week are indicated in the following statement. For the convenience of the reader we also add a column which shows at a
glance how the market closed on same days.
Total.
S.II.ES
SPOT MAUKUT
114,710
CI-OSKD.
S90,6(i3
7,98
9,718
16,007
102.473
70,390
4,934
6.B06
70,342
228
3.050
21,2801
24,005
2.6S8
1-0,400
153,111
Fxport,
\
OF SPOT AND
Con-
1
Sr>ec-\
sump' uLH'n
20,308
120,007
aiO.083
37.061
79.175
25.t83
87,233
42.881 146,555
832,023 127,660
433,307 1.303,996
118.763
7,222
4X..374 152..15!)
83*.'«i.'i 1«4.'94.<3
4lii,nsn Lfiiti i;«
130
275
427
Quiet at ije dec..
.
Mon Steady
Tues. Firm
Weil Firmer
.
.
16,475
exports from Port Royal, *o.
T Includes exports from West Point, 4c.
10,436
14,211
—
jW/D
Sat
Savannah
Total
18W1
23,144
36.266
51,952.
TliAKjIT.
Tran-\
I
Total.
Sales.
flelieeries.
3,2J5
Florida
New
2.3.
250
169,057
16,920
We have had another week of speculative manipulation and
wide fluctuations in prices of cotton for future delivery at
this market.
Something of a "corner" on November options
became a feature at the close.
On Saturday tliere was
a sharp decline under sales to realize, promoted by the report
that November contracts had been generally settled, but on
Monday there was renewed buoyancy, favored by favorable
foreign advices and cold weather at the South. On Tuesdaythere was some further advance, and Wednesday, after a weak
opening, closed slightly dearer. To-day there was, in the later
dealings, a pressure on November contracts, and this month
advanced 12 points, while other deliveries closed only slightly
higher, and notices for December delivery were generally
thrown upon the market. The close, as compared with last
Friday, is sUghtly dearer for the winter months and cheaper
for the distant deliveries. Cotton on the spot lost on Saturday
l-16c. of the previous advance, and remained quiet and
unchanged until the close to-day, when middling uplands were
quoted at 10 7-lGc.
The total sales for forward delivery for the week are 43r),80O
bales.
For immediate delivery the total sales foot up this week
1,526 bales, including 100 for export, 1,426 for consumption,
for speculation and
iu transit. Of the above,
baleswere to arrive. The following are the official quotations for
each day of the past week.
Below
Week EiuUng Xon
Jljiported to—
40.391
None.
20 900
25,000
4,743
5,613
2,900
2,000
Stock.
Total.
wise.
129,546
4,200
49,800
51,500
20.231
52.727
6.150
8,000
Other ports
Total 1883
Total 1882
Ooatt-
3.502
1,200
4 500
3,800
3,770
3,000
None.
None.
Mobile
Charleston
Str, (I'd Idid 1013,,
Since Sept.
??P?'^,^ ^°'^ *'"*
Leavin
Great
Other
Bi itain. France. Foreign
NewOrle.-vna
Savannah
1
XXJIX.
Shipboard, not cleared-for
0)1
Nov. 28, AT—
33,190
None.
2,000
Ncmc.
93,207
14,351
6,723
39,315
1.000
30.496
a
S
[Vol.
51,163
3,000
21.400
22,700
967
Y'ork
Totals this
«
6
In addition to above exports, our telegrams to-night also give
as the following amounts of cotton on sliipboard, not cleared,
lit the ports named.
"We add similar figures for New York,
which are prepared for our special use by Messrs. Carey, Yale
& Lambert, 89 Broad Street.
Total.
795
WcstPoint,&c
New
„
«
THE CHRONICLE:
608
Seecipts
«„
.
Tliuri
Fri. . Quiet
Total.
The diilv
lireviou.i to
and steady
100
S'M
.Hid iday.
29J| ....
100 1,426
,>!
130
275
87,400;
84.8ai>|
400
a,
4011 78,700i
600
500
293
60O-
427|10!r.0('0
70,000'
1,626 430,800! 2.100
ddii-eries given a')Ova an a^tua'lr'^idellVBrBd
that oa whiju they are reported.
the day
Thk Sales akd Prices of Futures are shown by the following comprehensive table. 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.
^
.
KOTEMBER
I
-t
a
s
2»
9l4
Is
:
If
n
f 2|g
Ii.«|
ftt-v!
nu
litg
:
(it-j!
~; o
M 44
$
THE CHRONICLE.
20, 1884.]
:
S:
The
i^ii ?5,, CJ?!
lit| li?|
kn
:
;
atg
_:
:
III
I
•:
I
:
:
SE-2
•
ftts*
8
»nd
Hvenrr or Cottos to-niKht, m mmU up by •••ble
Tho Contin«nUI iitockii, m well
Great Britain and the afloat, are thU week's rnturnii,
Visini.E
tboae for
and consequently all the European fl^^nro* are brought d(»wn
to ThuFKlay evenini;.
But to make the totals the oomplet*
Hguree for to-niKht(N()v. '.M), wo add the Item of exports froa
the United State«>, iuuludinif in it the exports of Friday only,
1884.
1883.
1883.
18M.
Rtock
Uverpool
430,000
407,000
45,000
OO.^.OOO
478.000
3,S0O
33,000
41,000
800
512,000
3,000
51,000
40,000
580,600
),f>00
700
970
1,700
l,«0O
7,000
4,100
139,000
7,000
41,000
7,000
9,000
8.400
7,100
2.000
123,000
8,500
13,800
3,500
4.410
202,0 K)
331,600
218,300
224,670
740,000
40,000
Amer'n oott'n afloat for Eurpe 578,000
Egyiit,Brazll,J[0.,aflt for EVpe
52,000
Stock In United States irarts .. 003.662
Stock In U. S. Interior towns.. 247.281
United States exjiorts to^lay
42.200
813,600
7S,000
461,000
798,800
87,000
523,000
57,000
5,M)0
699,170
70,000
398,000
44,000
066,598
850,364
14,400
2,003,113 2,700,723 2,192.313
2, 542,.532
NU«iL
Stock at London
t|-l' HSf
u
tol«Krai)h, Is ax follown.
at
a:
609
4(i,000
Total Great Britain (took
Stock at Hamburg
Stock at Bremen
Stock at Amstcnlam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
Stock at Oenoa
Stock at Trieste
.
134,000
B,000
28,000
8,ilOJ
Total Continental atooki
Total Eiuopcan stocks ....
fndia cotton atloat fur Europe.
3,0<>0
413,000
89,600
474,600
13.000
25,000
7,100
135,000
2,600
2%000
.'>6,000
057,498
326,625
1^,0 JO
.
Total visible supply
75,500
7'j.%035
236,00-1
40,.500
10.800
Of the above, the totals of American and other descriptions are as toUoWH
'
American—
Uvorpool stock
Continental stocks
bales
247.000
Amerioanafloat for Europe. ..
United States stock
United States Interior stocks..
United States exjKjrtstOKlay..
578,000
265.000
207,000
t3l,0C'O
Total American
Salt Indian. Brazil, <te.—
UvoriKKil stuck
London stock
Continental stocks
247,281
42,20J
326.625
8,000
252,000
101,000
'23.000
3.)S,000
7-t3.o;ti
»ut;..'>g8
23A,0r)S
350,364
I4,4C0
S.f.OJ
327,000
lOJ.OOO
2,149,143 2,2.5,123 1,901.513 2,15^353
183,000
48,000
131,000
40,000
52,000
India afloat for ICuvope
Egypt, Brazil, <»zc., afloat
Total East India, dio...
Total American
00»,Gi!2
4>lt,O0O
9.>7,498
202.000
45.000
01,00>
2.>3,OO0
7'<.(K)0
o7,000
57,000
56,000
10j,000
75.600
H0,a.H>
11.6,30i»
121.570
70,000
41,000
l.il.OOO
47.5.0)0
517,800 386.170
.2,119,113 2,225,123 1,901,513 2,156,362
.
Total visible supply ...
Price Mid. Upl., Liverpool
2,603,143 2,700,723 2,192,34) 2,542.532
6d.
6d.
6n„d.
;"i6d.
imports into Continental ports this week have been
The
85,000 bales.
The above
figures indicate a decrease in the cotton in sight
bales as compared with the same date of
1883, an increase of 110,800 bales as compared with the corresponding date of 1882 and an inorease of 60,611 bales as
cjmpared with 1881.
to-night of
•JT.r)«0
At the Interior Towns
the movement—that is the receipts
since Sept. 1, the shipments for the week, and
the stocks to-night, and tlie same items for the corresponding
period of 1883 is set out in detail in the foUowiujf statement.
for the
week and
—
§ c 3 S 2 2 P * ^ £2&?i5l=gS|g5|2:?|:^g.>
?
-^E^
.^ 5*
,»' .1
9
^
P
•
MM
OB
" ."
a
>t^
<.••''
X "•
•
-t:^
•
M
C3
U O
u
ffi
00
-^ QO ;3
to a A
<c
A to a OD
a
* w
w o: CO w tn c
CO
o» c; 00 i»
Ck3
'J*
"**-
^'
i;> *L"
fx-
w vX
t:
1^ X*
i
—
".o
JL(
f-*
it..
o
IS
5.1
CO
l(^
ro
to
«
a>
a M
<)"-— 15^C;'W
1.V ^.«
l-w — w- WW
OStC
IV t5
•—
Vrf^
*. yi
r.:
13
-r
X - IC « »
h-Cl*I
A
w » ^^ ^
^M
lO JO
ASU^tCCO
•'?
o
e>3
• Includes sales In September. 1831, for September, 158,200
toer-October, for October, 121.800.
1^
We
;
Beptem-
The following exchangee have been made during the week:
•10 pd.
1 1 pd.
•11 pd.
•37 pd.
•13 pd.
•10 pd.
•11 pd.
exch.
exch.
exch.
eioh.
to oxch.
to eich.
to
to
to
to
100
100
100
200
100
Dec. for Jan.
Dec. for Nov.
Jan. for Feb.
Jan. for April.
Mar. for April.
for Feb.
to «-xch. ,"(00 Dec. for Jau.
Even 1,700 Nov. for Jan.
-11 pd. to excli.
Dec. for Jan.
500 Jan.
5W
-46 pd to exch. 1,000 Jan. for May'
-33 pd. to exch, 1.000 Jan. for Apr
-08 pd, to exch. 200 Jan. for Feb.
-20 pd. to exch. 500 Jan. for Mar.
•OS pd to exch. 100 Nov. for Feb.
Kvon 00 Nov. for Jan.
-30 pd to cxcb. 1,900 Dec. for Mar.
^33 pd. to oxi'li. 1,000 Jan. for Mar.
-09 pd to exch. 100 Dec. for Jan.
.
C "^ C »C O'* C ^
"•*
V i^
- •
K ic *1 K I^ X 1^
©
have included
in tbe above table, and sball oontlane each
weeli to Rive, the average price of futures each day for eaoh month. It
will be found under eacn day following the abbreviation " Aver." Tl e
average for each month for the week is also given at bottom of table.
Transferable Orders for November— Saturday. 10-35o.: Monday,
lO-SOc; Tuesday, 10-35C.; for December, Wednesday, 10-40o.: Thursday.
c.; Friday, 10'4Ac.
Short Xotlcos for December— Friday, 10-50»10-o2c.
•
JC>3 M JO
p
p
O Qo a OD c; M V \o
Mlii>>
00 »a
— cc iN 1^
tStCi-^QOOriaCN
^^
to
«:o^ocviO O
10
QD>->|OCO
»
pi
M
a'rOOOOJ^IW
^
O
»»
«• K- 10 »0 W« 00
u wv
O
u
to
c;* "-•
"^
o»
M
y cs'«^ tF a OD *> w V b«
to M^ i;^ C
cJS>lS£J'?i^aiO.k.>wCC0X^-«9V
KOI X C0O>C ^XXOD S CC r^MOOC -^tD
"J ^*o
rf^
13 CO
cf>i-M — o«jo
j^^jOi'M*!/;?^^
a«*oo<V«'icu»*'fc^i'-'^o>io*-i-« ©"-x
ifa.;;.i--«0'rit'X»x«'*>«o»C»k-«v-i-i
OSKr-^l
— »»C^iO©*4yo:M-^>^i^©
or
10
M — >- 10
kVc'vVcwj: "«*»«; Xicicx r.x^g
i
»^*M^yf
The above totals show that the old interior
increased durinK the week 34,868 bales, and areto-niKht 79,944
—
.
.
.
.
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 Septemter 1 the receipts at all the
towns are 147,719 bales Zess than for the same time in 1883.
Quotations for Middling Cotton at Other Markets.—
In the table below we give the closing quotatioas oC middling
cotton at Southern and other principal cotton markets for each
day of the past week.
[Vol.
XXXIX.
Shrev^port, L'ws'ana.—lt has rained on three days of the
week, the rainfall reaching four inches and thirty-one hundredths. The thermometer has averaged 50, the highest being
64 and the lowest 31.
Vitksburg, Mi.isissippi.— Telegram, not received.
C luinbus, Mississippi. We have had rain on three days
of the week, tho rainfall reaching one inch and forty-nine
—
hundredths.
Lit le Kock, Arkansas.
—
—
Telegram not received.
Fott Smith, Arkansas. Telegram not received.
Week emlhig
Helena, ArJ;ansas. It has rained constantly on two days,
Nov. -ii.
Fri.
Tuts.
Wednes.
Thurs.
Mov.
and the remainder of the week has been cloudy. The rainfall
Satur.
reached one inch and sixty-three hundredths. It is raining
10l8
inig
1018
1016
Galveston
103s
this morning, with indications of bad -weather fer cotton picklOig
101 16
loie
lO'ie
New Orleans. icie
ing.
Average thermometer 40, liighest 63 and lowest 36,
10
10
10
10
10
Mobile
9! 5,8
915,8
10
10
10
BaTiinnah ..
Memphis, I'ennessee. We have had rain on two days of the
10-10'. 18
10
10
10
10
Cbai It'ston
week, the rainfall reaching one inch and thirty-nine hun10
lol,6
10
10
10
AVilniiiigtou..
>,
a
dredths. Cotton is being marketed very rapidly. This week's
3 018
103,5
Norfolk
lOSia
lOSie
101a
l<>i4
lOSp
10»8
10=1,
Bo.-ton
receipts are the largest on record. The thermometer has aver10»s
1038
1038
1038
ID'S
Baltimore
103s a
aged 47, the highest being 63 and the lowest 34.
1058
n
lOSg
1058
1058
Fhiladclpliia.
Nashville, Tennessee. It has rained on one day of the week,
934
0^
Augusta
9\
9%
10
10
the rainfall reaching sixty-five hundredths of an inch.
10
10
10
Meiiii>liis
The
10
10
10
915,8
10
St. I.ouis
thermometer has averaged 46, ranging from 37 to 67.
IOI18
101,8
1018
101,8
Cin<-iimati ...
101,6
Mobile. Alabama. We have had rain on five days of the
10
1(1
10
1(1
10
Louisville
week, the rainfall reaching one inch and ninety-nine huntable
is
following
dredths. There was killing frost on Tuesday, but no seriousReceipts from the Plant.\tion.s. — The
prepared for the purpose of indicating the actual movement each damag;e has been done, as about all the crop had been secured.
are
somethe
outports
Receipts
at
The tribut.iry rivers are higher. The thermometer has ranged
jveek from the plantations.
Simes misleading, as they are made up more largely one year from 34 to 70, averaging 54,
Montgomery, Alabama. The early part of the week wa»
than another at the e-tpense of the interior stocks. We reach,
clear and pleasant, but during the latter portion we have had
therefore, a safer conclusion through a comparative statement
In reply to frequent inquiries we will add rain on four days, with a rainfall of one inch and fifty-nine
like the following.
that these figures, of course, do not include overland receipts hundredths. Planters are marketing freely. Average theror Southern consumption; they are simply a statement of tlie mometer 53, highest 69 and lo-west 83.
•weekly movement from the plantations of that part of the crop
Selma, Alabama. The days have been warm, but the
nights cold during the week, with rain on three days. The
which finally reaches the market through the outports.
rainfall reached one inch and ninety-six hundredths.
Cotton
RECEIPTS FROM PLANTATIONS.
is being marketed freely.
The thermometer has averaged 49,
FOR MIDDLISO COTTON OS—
CI.OSIXO QUOTATIONS
—
. .
—
.
.
.
ifj
—
—
—
—
Receipts at the Ports. \Sl'kat Interior Towns. Rec'pts from Plant'm.
Week
Ending--
jggj_
|
jg^_
|
jgg^_
jg^
|
^
jg^^
|
jggg.
|
,8s3.
j
M81.
64.31SJ 42.624
I'
179,883 165,401 168.72 ij 76.86-3 137,.536; 49,497 210.123 197210 182.063
206,136 228,897 205,813 95,675^164,915' 68,108 324,949'25fl.278]223.924
242 329 257.276 '24-2,289 125,OS9'202,»To| 92,654 271,693 395.3J1 266.835
211,-; 38 •252.845 285.113 I39.317|2.3«.086^129.511 256.010 286,861 321,969
256.6-23 241.021 277.470' 175.002 276.7»4'l56,05!i|2i«.393 381.669 301.017
1
" 21
" 31
Not. 7
" 14
"
^gg^
19,115] 58,939 20.427, 52,iaS: 69,7611 48,187
77.2-i 1 9e,St9| 8O.737I 29.935! 75,,79| 24.3171 88.093' 113.009' 81,637
13fi,-I7d 125 032 118.463' 46.6 .'2 105.778 3l),15o'l53.116 155.631 130.301
49,518
Sept. 12
" IB
" t»
Oct. 8
" 10
••
17
"
|
262.2D1 267.604 25;,Oll'211.740
259,151 242,078 269.114'24 4.133
242,169 222,510 258,774 250.175
255.097 2-22.i a5 284.BH2 27.^.700
SI
28
313.349 17l.90«^288.89« 304.119 275.979
343.9-39ll9S.97o'2ei,637 272.758;293,C88
36».718|229.539 257.221 238.329;2S9.343
87I.5B1 267,133 271,622 237,001 3-23,2''6
—
The above stitsment shows 1. That the total receipts from
the plantations since September 1. 1884, were 3,753,3(59 bales;
in 1883 were 3,745,61)3 bales; in 18S3 were 3,701,553 bales.
2.
That, although the receipts at the outports the past week
were 384,693 bales, the actual movement from plantations was
323,2 :S6 bales, the balance going to increase the stock at
the interior towns. Last year the receipts from the plantations
for the same week were 337,001 bales and for 1333 they were
27^.633 bales.
—
Amount op Cotton
in Sight Nov. 23,— In the table below
from plantations in another form, and add
to them the net overland movement to Nov. 1, and also the
takings by Southern spinners to the same date, so aa to give
we give tiie
receipts
substantially the
amount
of cotton
now
in sight.
1383.
1884.
1882.
1
18S1.
Eeceipts at the porta to Nov.28 2,505,151 2,120,284 2,442,337 2,315,214
Interior stoeks on Nov. 28 iu
219,918 325,408 259,215 347,661
excess ol September 1
Tot. receipts from platita'tns
Net overiaud
Bouthem
to
NoveuiUer
1
.
tousuiupt'n to Mov.l
Total in eight
Northem
November
2,7.55..3t)9
9«.2-4
50,(.
00
2,745,692 2,701,552 2.C92,S75
126,859
93,857 120.OS3
59.0UU
69.000
4.5,0)0
28. 2.903,613 2,931,551 2,854,4(W 2,863,958
spinners' takings to
November 28
418,737
5C3,0S6
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 27,908 bales, the inerea.-iO as
oomparea with 1882 is 49,234 bales, an-^raith 1881, 39,635 bales.
the highest 04 and the lowest 33,
Aiiburn, Alabama. It has rained on three days of the
week, the rainfall reaching one inch and sixty-three hundredths.
had killing frosts on Sunday, Monday and
Wednesday nights. The thermometer has averaged 48, ranging from 30 to 67.
Madison, Florida.—
have had rain on two days of the
week, the rainfall reaching one inch and eighty-two hundredths. There has been killing frost this week. The thermometer has ranged from 34 to 79, averaging 55.
Macon, Georgia. It has rained steadily on two days of th&
—
We
We
—
week.
—
C'flumbus, Georgia. We have hid rain on two days of the
week, tlie rainfall reaching three inches and nine hundredths.
The thermometer has averaged 54, the highest being 58 and
the lowest 33.
Savannah, Georgia It has rained on two days and theremainder of the week has been pleasant.
The rainfall
reached forty-four hundredths of an inch. The thermometer
has 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 showers on two days.
The rainfall reached twenty-seven hundredths of an inch. About two thirds of the crop has been
marketed, and planters are marketing freely. The thermometer has ranged from '53 to 77, averaging 55.
Atlanta, Georgia. Telegram not received.
Charleston, South Carolina. It has rained on two days of
the week, the rainfall reaching twenty-nine hundredths of an
inch. The thermometer has averaged 58, the highest being
70 and the lowest 43.
Stateburg, South Carolina. It has rained on two days of
the week, the rainfall reacliiug thirty-four hundredths of an
inch. It is raining slowly now. About two-thirds of the crop
his been marketed. The thermometer has ranged from 33 to
73, averaging 53'4.
Wilson, North Carolina. It has been showery on one day
of the week, the rainfall reaching nine hundredths of an inch.
Average thermometer 50, highest 69 and lowest 38.
The following statement we have also received by telegraph,
showing the height of the rivers at the points named at 3 o'clock
November 37, 1884, and November '39, 1883.
—
—
—
—
—
—
.Voc. 2 7, '84. .\ov. 2 9,
Weather Reports by Telegraph.—There
has been rain in
the South during the week, but in general 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.
Oalveston, 7'exas. It has rained hard on three days of thi'
week, the rainfall reaching three inches and twenty-three
hundredths. The thermometer has averaged 59, ranging from
almost
all sections of
—
Feet.
ll'^w
Orleans
Uemphle
NaoilvlllB
Shreveport
Vlokshurir
.
Belo-w high-water mark
Above low-water mark
Above low-water mark.
Above low-water mark.
Above low-water mark.
12
5
iTieh.
Feet.
9
19
15
9
22
9
3
7
2
8
6
83
iHen.
5
7
7
8
4
New Orleans reported below high-water mark of 1871 iintil
Sept. 9, 1874, when the zero of gauge was changed to high44 to 73.
Indianola, Texas.—We have had hard rain on two days of water mark of April 15 and 16, 1874, which is 6-10th3 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 has been frost, but not killing. The therWe have
India Cotton Movement from all Ports.
mometer has ranged from 44 to 75, averaging 60,
re-arranged our India service so as to make our reports more
Palestine, Texas.— It has rained on three days of the week, detailed and at the same time more accurate. We had found
the rainfall reaching 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 53, highest 69 and low- ports other than Bombay, cargoes winch proved only to be
est 32.
shipments from one India port to another. The plan now
Meu) Orleans, Louisiana.— We have had rain on four days followed relieves us from the danger of this inaccuracy an(J
of the week, the rainfall reaching three inches and five hun- keeps the totals correct. We first give the Bombay statement
j)dredths.
The thprmometer has averaged 59,
for the week and year, bringing the figures down to Nov. 27,
—
—
.
.
NovEUBER
THE CHRONICLE.
20, 1884.]
BOMOAT BIOBtPTB AWO SltimEtm FOB rOOB TBAB8.
Otpiiwnrt Ikii
(treat OmUiBril'n.} nent.
Tmu-
1384
1883
Oontl-
2,000
1.000
4.000
SKipMenl'tinfJan.
Hitieh-
IV><a<.
:i.ooo ,'i08,000
JUTB BCTTM, Baooino,
nu
Wttk.
/an. I.
9,000 l,.^90ooo
,'>,00o 4ii4,000 TS'J.OOO, 1.'.'.-).'.000 18.000 l.tiil7,(OC
H.OOO 78.'i.OOO, 0211,000 1.4 11.000 14.000 1,B»7.(00
(I.^."i,000 l,lti.'»,000
OH-I.OOO in.ooii 1,277,000
According to the foreKOing, Bombay appears to show a
decrease compared with last year in the week's receipts of
8,000 bales, anil a decrease in shipments of 2,000 bales, and
the shipments since January 1 show a decrease of f'O.OOO bales.
The moveinoni at Calcutta, Madras and other India (xirts for
the last reported week and since the Ist of January, for two
" Other ports" cover Ceylon,
years, has been aa follows.
Tuticorin, Kurrachee and Coconada.
Bhipmenit /or Iht
Great
OontU
BrUain.
nenl.
SlUpmtnU Hnee January
teeeJc.
1.
Oreat
Total.
Oontintnt.
Britain.
Cateutta—
1884
82.500
89,600
1883
Total.
12.700
9,000
4,500
4,500
4l,8v>0
1,300
56.000
43,100
3,000
74,800
70,500
43,000
61,500
117.800
All otiiers—
1884
1SS3
1,OCO
2.000
132,30<
»U—
213,300
85.700
293,000
201.900
72.100
274.000
The totals since January 1 in 1883 have beou revised.
The above totals for the week show that the movement from
the ports other than Bombay is 1,500 bales less than same
w^eek last year. For the whole of India, therefore, the total
shipments since January 1, 1884, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EDROPE FROM ALL I.VDIA.
1884
1883
2.000
3,000
4,^oo
1,000
4."S0O
g^
as the weeks in different years do not end on the same day of
the month.
have consequently added to our oUier standing
tables a daily and monthly statement, that the readier may
constiintly have before him the data for seeing the exact relative
movement for the years named. The movement daring
September, 1884, and previous years, has been as follows.
We
Tear Beginning Btpttntbtr
Monthly
Keeeipte.
1883
1884.
1882.
8ept'mb'r
345,445 843.812|
October. 1,090,385 1.046.092
1881,
1.
1880.
1879.
1882.
Eur
M Europe
ThU
to all
from—
Bombay
ThU
/Since
Jan.
week.
week.
1.
ThU
Since
Jan.
Jan.
1.
3.000 i,i6;?,ooo
3.000 2,)9,000
.",000 1,252.000
othorports.
274000
6,000 1,411,000
l.lOJi 291,100
Total
fi.OOO
9..500 1.526.030
7,100 1,705,100
4,500
Nov. 1..
" 2....
—
1884.
Xovcfntfer 26.
210,000
1,2 3.O0O
ThU
Thit
Since
week. Sept. 1.
This
Since
week. Sept. 1.
week. Sept. 1
22,000
8,000
Total Enrope
98.000 23,000
31.000| 8,000
88,000 13,000
33,000 5,000
59.000
9,000
30,000 129,000' 31,000 121,000 18,000
68,000
A cantar Is 98 lbs.
This statement shows that the receipts for the week ending
Nov. 36 were 210,000 cantars and the shipments to all Europe
30,000 bales.
•
—
M.^NCHESTKR Market. Our report received from Manchester
give the price
to-night states that the market is firm.
for to-day below, and leave previous weeks' prices for com
We
parison
1883.
1884.
8H
32t Oop.
TwUt.
d.
4.
«ep.26 3-,3» 9
Oct. 3 85,6 9
OoWn
a>:
Bhirtingt.
^.
d.
«.
d
Mid.
Upl's
d
7 a7
5iaa6 10'9
5 5is36 lOis
5
S's 5
" 10 85, ea 8''a
" 17 ai4 38i3,«
" 24 3"i(.-8>-'>i6
" 31 85ift-813,«
Nov. 7 S5,«-8»,.
5
5
5
5
5iii«6 10>a
51456 1012
6S,*7
6i«a7
8H
32* Oop.
IwUi.
d.
d.
lb:
Shirting:
«.
57„
d.
s.
^7^„® 9
5
87,8l» 9
5
5
®7
97
»7
•7
7 ®7
5
6
5
5
9ia i
9Je 5
6
6
8:i,„a813i6 5
5
83e a 9
89i«» 9
8',„» 9
87,„» 9
S'l.,® 9
6
6
6
6
-a?
a7
»7
®7
«7
d.
Ootfn
Mid.
Vptdt
d.
5%
l>s
lij
1>«
m
m
1>9
lis
8
9
9
37,218
4...
"
S...
34, S6
"
"
6...
34,599
56.307
29,523
7...
••
8..!
"
9...
8.
61.341
38 55?
- 34,133
32,773
8.
63,.57S
" 10...
44.f<91
" 11...
41.677
34.936
50,219
67,76)
29,397
33,268
8
57,258
30,801
31,943
31,427
57,331
28,558
12...
8.
51.4S2
38.643
31,601
41,333
65.818
42,555
968,31 «<
8.
58,210
39 010
37,59!)
41 003
66 316
|
I
1881.
1880.
1879.
:
the nieaibers.
8,
42475
46,365
31,304
40,389
33,590
46,514
37,897
33,538
41,656
55,664
29,924
8.
40.193
35,812
31.966
26,138
61,779
33.151
47,06:»
29.130
8.
52,090
33,566
3-',175
47,217
55,455
38,822
8.
8.
30,743
35.669
41.244
25,136
65,53
30,309
8.
49.862
41,557
31.535
31,094
61,119
28,335
8,
46,630
33,198
31,330
36,048
53,141
43,224
60,435
36,808
32,690
27,534
44,440
44,502
33,925
29,791
8,
33317
53,571
41,499
B,
40,619
34.394
26,970
27.748
47.126
39,460
37,411
8.
S.
B.
30,704
8.
46.140
33.310
30,902
29,682
49,319
23,562
8.
46,584
32.549
32,278
36.503
43,440
35,631
8,
33,405
39.097
27..5.53
26,413
51,249
26,574
8.
e0,920
35.470
33.349
41.6J7
51.232
This statement shows that the receipts since 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 1883.
add to the table
the percentages of total port receipts which had been recei fed
to November 28 in each of the years named.
We
The Following are the Gross Receipts of Cotto:? at
New York. Bo.ston, Philadelphia and Baltimore for the past
Niw
notices of delivery, after several speeches had been delivered
strongly protesting against the amendment, the following
resolution was carried by 4<i ayes to 34 nays
Rimlteil, That it Is the; »en«e of tliis meeting that the amended nilc 7
should be rescinded by the Boai-d of .Managers, and be replaced, if need
be.by oneninr? in cousi'iiance with the views and Interest of theuiEuority
49,216
37.582
36,297
57,777
38,851
8.
29,101
27,151
35,983
48,836
31,603
2,505,151 2,334,715 2,327,534 2,193,772 2,359,176 2,134,998
Total
Percentage of total
48-13
33-66
port rec'pte Nov. 281
46-47!
40-181
42-63
6
—
36,792
38.060
41.574
38,904
a.
49.735
31,026
27,893
39.560
45,733
23,398
week, and since September
a7 1
8i» «
7
1>«
»7 2
»7 2is 513,, s^H »
1>8
7
New York Cotton Excuanoe. At the meeting last Saturday, relative to amended rule 7, with reference to transferable
14 87, «9 9 5
< 21 8>« » 9 5
" 28 8»,B» 9H 5
••
43,62iB
"
" 17...
'* 18...
" 19...
'• 20...
" 21...
" 22...
•• 23...
" 24...
" 25...
" 26...
" 27...
" 28...
Since
32.374
8.
59,119
40,193
" 14...
" 15...
" 16...
Exports (bales)—
To Continent
853,19.")
i
1832.
31,747
3...
" 13...
170.000
816.000
180,00.1
1,182,1)00
1
1883.
"
'
1882
1883.
980,584
I
statement affords a very interesting comparison of
the total movement for the three years at all India ports,
Alexandria RECEini and Shipments. Through arrangements we have made with Messrs. Da vies, Benachi & 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 the previous two years.
Receipts icantars')—
This week....
Since Sept. 1
458.47fi
This statement shows that up to Oct. 31 the receipts at the
ports this year were 45,928 bales more than in 1888 and
128,590 bales more than at the same time in 1882. By adding
to the above totals to October 31 the daily receipts since
that time, we shall be able to reach an exact comparison of
the movement for the different years.
Last
Alernndria. Saypt,
429,777
TotOc.31 1,435,830 1,389.904 1,307.240 1,282.972 1,426,796 1,222,135
Since
week.
1.
32e,65£!
Totalycar 1,435 830 1,389,901 1,307,240^1,252,972 1,420.796 1,222.135
Perc'tajfe of tot. port
receipts Oct. 31...
81-72
2866
2718
84-28
2443
1884.
1883.
1884.
Upmeti
<tt
for hugging la
Comparative Port Receipts and Daily Crop
125.200
9S.60C
56.000
This
marVH
I
18S4
1883
AU
ftf!.— The
MoTonorr.
—A comparison of the port movement by weeks U not
accurate,
Madras
Total
Oil
shoxving some activity, and onU-ni.nre coniinK In iiiorn fra^lT.
There is a firm feelinK among sellem, and it in only wh»n •
liu-KP parcel is tokiii that any conceiwion can Ut obUlotd.
There have lieen Hales of several thounand bales various
wciRhts on the baHiH of «'.,(•. for lij \\m., Ol^c. for l\' lb., 10c.
for 3 ll««. and lOi^c. for standard cpialitv.
Hiittx havn'l<eoa
rather more active, though the iiupilry is crincipally for
paper grades, for which 1 'g(<«3c. is asked, with »ale» of 2,iyK)
balfs.
Bagging quality is selling in small parieU, 1,0W» btlen
flnding takerB at i^iQtHHc., and tbem figures are quoted at
the close.
I.
loUU.
BrUain^ ntHl.
1,1'00
2,0t)0|
S.00oll4.0lH>.'ll.'S.00Oi.N8.1.0OO|
1882 4,000
1^91 ll.OOol
1
..
BeeeiiiU
from—
S»w
Orleans.
Texas
-savannah
.
.
roKK.
1,
Boston.
TMt
SinM
TW»
wuk.
Sf.pt. 1.
weth.
11.8M
83.21S
117.569
9,819
83.«8
1,111
Ml
7.687
1884.
Phii.ai>klph'a
S(nc<
Sept.
I.
18,900
Sine*
nu*
Mm*
week.
StrLI.
week.
8w«.l.
143
.Mobile
4«1
So. Carolina.
So. Carolina..
»,»«
BS,U«»
Vtr»tala
8,3
n
»,93«
7«,73«
Florida
North'n ports
Tenna8see,Ac
CoralKQ
In response to this request, the Board of Managers has
decided to lay the amended rule on the table, thus making it
This Tear...
inoperative for the present, and leaving the old rule in force.
I
AH
s.oa»
.
2. 777
r«-w...
490
87
41,3M
211
12.S77
3.71S
3.953
S.«B*
M.818
083
1,110
£».«8S
...
97*
4.8%
BALTIKOBBL
TMt
9,81
•M
SOS
838
873
ni««
LOSS
«,«tt
B.882
84S
•,007
1,200
s,«as
40.01S
«4.«8a
4I,0H
i.ais
1.800
.•..>.
44'j.44S
18.973
tiajiis
2,108
80.4M
».9»
10S.448
4>W.fl»
1S.4SS
UT.Ot?
«.aaol
ST.19*
root!
10I4R7
:
.
..
.
THE CHRONICLE.
612
—^The
Caspian, steamer (Br.), from Baltimore, arrived at Liverpool Nov. 27.
The captain reported that a lire originated in the hold among the
cotton. When it was discovered the hatches were closed and kept
sbnt. Upon the arrival of the vessel at its dock the tire brigade
tillid tne compartment which contained the burning cotton wiih
water, the weiglit of which gave the steamer a heavy list. The
Hre was confined to the hold where it started.
exports of cotton from the United
mail returns, have reached
206,093 bales. So far as the Southern ports are concerned, these
are the same exports reported by telegrapli, and published in
With regard to New York we
the Chronicle last Friday.
include the manifests of all vessels cleared up to Thursday
SHiPPiNa News.
States the past week, as per latest
Cotton
freifi;]its
night of this week.
—
Total bales.
Nbw York—To
Liverpool, ner steamers Alask.i. 1.303
City of Chii^agn,
Aiiraola, 814
City of Chester, 1,157
1,072. ...England, SSG. ...Humboldt, 919. ...Vau Dyck,
To Hull, per steamer Martillo, 3,075
To Havre, per steamer St. Laurent, 1,207
To Bremen, per steamers General Werder, 549
To Hamburg, per steamers Polaria, 1,078
Werra, 400
Silesia, 1,139
....Westplialiii, i)69
....Noordland, 1,903
To Ciipenbageu, per steamer Hekla, 73
To Windsor, N. S., per schooner Phoeni.'C, 50
New
ORLE.tNS—To
Do
Do
Mon.
Hamburg, steam.c.
Do
'32*
he'
^16*
'10*
V
H'
H'
38
%'
'sa*
la*
....
....
38'
55t
5;t
»32®V
"laa^a-
551
i>32®%*
c
38'
>.
%
i
K
.--.
d.
sail
55t
551
HfSiH'
SitS-Se*
....
....
....
.--.
Barcolona,6team.c.
0;<2'
8.2*
O33'
9j2*
»32*
Genoa, steam
BiS*
»I6*
9ie'
«16*
»I6*
^s-
=8-
e.
V
Trieste, steam... c.
Antwerp, steam,
' Compressed.
»s-
c.
'3e4*
tP ^r
H3,6-13,4.
3l«-13,4' ht.-^^'ei'
lOOlbs.
,
—
Liverpool. By cable from Liverpool, we have the following
statement of the week's sales, stocks, &o., at that port. We
add previous weeks for comparison.
Nov.
Sales of the week
bales.
Of wlii<h exporters took
Of wliich speculators took..
Sales .\mencan
Actual export
Forwarded
—Estimated
Total stock
-
Of which American- Estim'd
Total iniDort of the
j
week
71.00C
7,000
1,000
49,000
12.000
26.000
437,000
220,000
71,000
Of which American
Amount
7.
44,00(.
215,000
190,000
alloat
Of which American
Xov. 14
70,000
8,000
S.OOC
47,000
9,000
28,000
411,00(
210,000
103,000
80,000
219,000
201,000
-Vol).
yov. 23.
21.
63,000
7,000
5,000
37,000
13,000
41.000
423,000
228,000
84,000
68,000
278,000
257,000
69.000
8,000
7.000
37,000
8,000
24,000
430,000
247,000
93,000
78,000
262.000
246,000
The tone of tho Liverpool market for spots and futures each
day of the week ending Nov. 2S, and the daily closing prices
of spot cotton, have been as follows:
Saturday Monday. Tuesday
Spot.
Market,
12:30 p
Jlid.
'4
Steady.
Mid. Orl'ns.
Sales
Spec.&exp.
QDlet.
5%
Upl'ds
Wednes. TAursd'y
Harden'g. Harden^g
5%
Fyiday.
Steady.
5%
Quiet.
515j«
51&18
515i8
515,8
51318
5i»ie
51318
5I618
12.000
3,000
12.000
2,000
12.000
2,000
12,000
2,000
12,000
2,000
10,000
2,000
Firm.
l-M de-
Easy.
Steady.
206,093
particulars of these shipments, arranged in our usual
form, are as foUows:
Reval,
Amster- Seias- Sarce-
pont.
New
York. 7,437
N.Orleans. 3ti,l46
Mobile
2,497
Charleston. 11.087
Savannah.. 19,194
Galveston 16,230
Wilmington 2,078
rf
Bull. Bavre.
1,207
3,075
8,389
1,500
2,649
1,510
iopol <£• lona
Gotten- and
werp. burg. Oporto.
burg.
4,135
6,778
4,303
5.295
771
5,700
4,450
13,603
4.4S8-
1,061
5 p. M.
1,530
5,502
Totat.
20.279
57.023
2,473
24.0S3
42,843
22,582
3,114
17,131
4,684
4.533
5,552
1,180
Total.. 126,675 3,075 15,265 22,793 5,074 23,753 7.05Si 206,093
Included in the above totals are from New York to Copenhagen, 72
bales and to Windsor, 50 bales; from Savannah to Genoa, 1,900 balesfrom Galveston to Vera Cruz, 354 bales.
Below we add the Clearances tliis week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:
Galveston— For Sebastopol— Nov. 26—Steamer Mount Edgecombe
4,560.
F^r Vera Cruz— Nov. 24— Steamer Harlan, 425.
New Orleans- For Liverpool-Nov. 21—Steamer Emillano, 4,250
22— Steamer Andean,
4,590.... Kov.
'
Steady at
Quiet
264 deciii.e.
Flat Rt
and
steady.
cliQe.
Steady.
Steady.
Quiet.
Barely
Barely
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.
The prices are given in pence and Glths, thus: 5 02 tneans
5 62-04(7., and 6 03 means 6 3-C4(?.
ty
Sat. Nov.
26—Steamer Austuriano'
Open
ifloft
how.
Clot.
It.
a.
d.
d,
d.
5 4?
5 47
5 41
5 44
6 45
5 13
5 41
5 45
5 51
6 50
4.
5«
5 47
5 47
5 47
5 47
Dec- Ian.... SIT 517
Jan.-Feb....
5 60
Feb.-March. 5 53
5 50
March-Apr. 556
April-May .. 5 50
May-Iune.. 5B3
5 56
5 60
June-July.. 6 03
luIy-Aug...
6 03
517
660 5 50
54i 5 45
511 515 641 513
5 47 518 5 4T 618
553 5 53 5 53
5 50
5 30
3;3
S60
5
5 63
5 61
6 00
563
6 53
5 60
6 63
6 03
SOS
5-!
Open Bigli Low.
d.
d.
d.
519 6 49 516
519 519
619 619 5 10
6 62 5 52 5:2
3 19
Olot.
«
5 49
5 49
6 4»
5 52
6 63
6 58
551 6 53 6 54
5 57 558
561 5 61
6 56
6 59
6 62
6 01
5 65
5 69
5 62
6 02
6 01
6 62
6 02
6 00
6 06
605 6 06
6 OS
5 58
5 61
6 01
6 51
Taes., Not. 23,
6 01
5 53
6 39
6 62
Sept .-Oct...
Toledo, 5,576.
For Genoa— Nov. 21— Steamer Ingram, 2,775.
Savannah— For Bremen— Nov. 25— Steamer Klyde, 4,200.
Charleston— For Liverpool- Nov. 25— Bark liafrsijord, 1,400
For Bremen— Nov. 21— Steamer Parthian, 3,815.
For Barcelona— Nov. 26— Bark Aeolus,
Wilmington- For Liverpool— Nov. 2(o— Steamer Invernay. "'•''''"••••
^' 3 820
Nov. 26 -Ba:kGodeffroy, 1,840.
NOKPOLK— For Liverpool— Nov. 25-Bark Cedar Croft, 3,860.
Nov. 26— Steamer Preston, 7,617.
West PoiNT-For Liverpool— N<,v. 26-Sleamer Cauoubury, 4.417.
Boston- For Llverpool-Nov. 24— steamer Venetian, l,80o
Nov 25—
Steamer Iowa,
Baltimore— For Liveriwol-Nov. 24— Steamer Nova Sootian, 1,64''
ForBremen— Nov. 26—Steamer Braunsiliweig, 1,050
PHn.ADELPHiA— For Liverpool—Nov. 25— Steamer Illinois
I'or Antwerp— Nov. 25— Steamer Switzerland,
B<:low we give all news received to date of disasters to vessels
carrying cotton from United States ports, &c.
,
Clni.
d.
November.. 6 47 517
For Havre— Nov. 22—Steamers Cilumum, 5,844; Rhosina, 6,745
For Bremen— Nov. 21— Steamer Sapphire, 5, 868
Nov. 24— Steamer
.
Open High Low.
<l.
Nov.-Deo,,
Mon., Not. 'H,
'2-i.
Kag.-iept...
'
4,2.t0.
I
J
Ham- & Aiit'
1,036
Norfolk.... 17,131
Newport N. 4.684
Boston
3,477
Baltimore, .
5,552
Phlladelp'a
1,180
Futures
Market,
set,
12:30 P.M.
Market,
Bremen dam
Liner-
Fn.
Thurt.
'32*
sail...c.
Keval, steaai
Do
h*
%*
sail....c.
Do
Wedntt
Tttet.
.-.
Amst'd'm, steam.c.
50
Liveriiool, per
'ih*
Tie*
sall....c.
Do
as follows:
....
c.
3,196
. .
Nov.
sail
919
steamers Hugo, 5,72.')....
Niceto, 5,.5(K1... .Professor, 6,027. ...Ked Sea, 8,317....
Yucatan, 'J.S9.>
per ship Annie Goude.v, 3,632
3C,HG
To Havre, per eteamer Alexander Bl\io, 4,381
per baric
Bertha, 4,018
8,399
To Bremen, per steamer Viceroy, .t,810
5,810
To Hamburji, per steamer P.emembrance, 9dS
968
To Eevul, per steamer Monarch, 5.700
5,700
Mobile— To Liverpool, per baric P.alenuo, 2,479
2,479
Chabi-kston— To Liverpool, per steamer Border Chief taiu, 3,850
Upland. ...per barts EUifsif, 1,225 Upland.. ..Kex, 1,600
Koycroft, 1,700 lTpI.a!:d and
Upland and 31 Sea I.sland
41 Sea Island. .Sagoua, 2,600 Upland and 40 Sea Island. 11,037
To Havre, per bark Syttendi Mai, 1,500
1,500
To Bremen, per steamer Orsino, 5,295
5,'295
To Amsterdam, per brig Der Pumnur, 771
771
To Sevastopol, per steamer Cairnsmuir, 4.4,n0
4.450
To Barcelona, per bark Josetlno, 1,580
1,5:0
Bavannah— To Liverpool, per steamers Finsbury, 4, 939
North
Dnrh.am, 5,210
St. Bernhard, 5,845
per barks GariTonio,
baldi,
19.194
To Havre, per steamer Kiver Avon, 2,619
2,019
To Eeval, per steamers Brinklnirn, 4,950
Ripon City,
5,453
10,403
To Gottcubnrg, per steamer Kiohmoud, 3 200
3,200
To Barcelona, per steamer Bl.agdou, 5,102
5,402
To Oporto, per bark Lydia, 100
100
To Genoa, p^rbark Alphonse et Maria, No. 2, l,f;O0
1,900
Galvestos— To Liverpool, per steamers Acacia, 4,194
DucliSirocco, 5,127
ess, 4,420
per barkNorth Star, 2,183. 10,230
To Havre, per l)ark Saphir. 1,510
1 510
To Bremen, per steamer Knarwater, 4,493
4,488
To Vera Cniz, per steamer Whitne,v,354
b54
Wilmington—To Liverpool, per bark Hestia, 2,078
2,078
To Bremen, per bark Nordensk.jold, 1,036
1,036
Norfolk— To Liverjiool, per steamer Accomac, 7,142
per
barks Richard Hntehiusou, 2,832
S. J. Bogart, 2,944
Veronica, 4,213
17,131
Nkwport News— To Livei-pool, per steamer Trant Gwyuant.
4.684
4,684
Baltimore— To Liverpool, per steamer Baltimure, 3,477
.'',477
To Bremen, i)er steamer Hermann, 1,061
1,061
Boston— To Liverpool, per steamers Cephalonia, 414
MI9.
souri, 2,S67
Roman, 2,27 1
5,552
Philadelphia— To Liverpool, per steamer British Prince, 1,180. 1,1S0
The
Satur.
c.
Bremen, steam. .c.
4,303
72
Total
week have been
8.all...d
Havre, ste.im
Hermann, 1,417
To Antwerp, per steamer DeKuyt^r, 983
the past
Liverpool, steam d. 13ji-732. "m-T*;*
7,437
3,075
1,207
1,216
XX2IX.
[Vol.
Wednes., Not. 26.
Thnn., Not. 27.
Open Hi^h Low. Clot
Op«n Bigh Low. doe
d.
d.
d.
d.
November.. 5 IS 6 49 6 4S 641
NoT.-Dec... 6 4b 6 49 548 5 49
d.
d.
d.
d.
d.
616
5 46
5 45
5 46
6 47
5 47
6 47
6 46
6 46
5 48
5 52
616 5 16 5 46
616 313 6 46
519 648 6 49
517
6 47
6 49
6 47
5 47
6 49
5 32
6 52
562
655
3 59
6 82
5 36
5 59
3 62
6
5
6
6
5
6
602
6 02
5 49
5 52
5 53
5 59
6 62
6 62
5 53
5 59
May-June.. 6 01
602
602
606 6 OS 606
662
602
June-July.. 6 06
July-Aug...
.
Aiu.-Sept...
Bept.-Oct...
5 48
3 49
B52 5 52
5 S3
5 53
6 61
6 01
6 53
5 59
Open High\Low.
d,
5 IS
Deo.-Jan...
5 62
Jan.-Feb
Feb.-March. 6 53
March-Apr. 6 63
April-May.. 6 61
. .
FH., Not. 2S.
633
5 69
6 62
6 02
5 62
5 55
6 59
6 62
6 02
d.
47
47
50
53
56
69
663
6 02
I
Clot.
d.
6 47
6 47
6 47
650-
562
SB3
66
59
62
0!
666
660
S6S
60S
5
6
5
6
.
NovsMBEB
,
.
THE CHRONICLE.
29, 1884.J
BREADSTUFFS,
FRloxr. r.
H
,
still
lower depths.
Still,
wheat
flour
made.
have ruled Arm, with a
Ctaloigo
140.490
nothing of a
M.tU
;
but corn meal
has favored buyers to such an extent that late outside prices
B8J.3.)7
l,\»,0»n
i»9.a(H
«9.M)
«>B»
ttijaa
4«8/l»|
OlJtIT
S9,719
s;.4oo
S,»l
40jm
i«.«;o
9s.oa«
1«,1M
laSJHB
ssuooo
laijTM
*0(WtO
•.MS
tJM
1»T,471
T.1W
MM
4.WI
t»MB
•ajun
1.180
87.8U0
8400
wofiih
«78.'X)0
8.us4,as«
1.7«l,88»
1.0M3Ui
oee.iso
8T.M<
aoo,i«33
8,480.0aS
9.l6t.<M
i.«);,Tst
Mun>
ni,gM
«S7.303
1.834,r73
1,784,10)
Ma/Mo
4M087
8.a8o.aoo
87*14318 ».«1,7*» MJ03.73T
7.ni,o«
•.•07.009
8.470.460
40810.00'!
4S.aj8.O90
M,Ufi,7a}
4S.Mt.»7l
8i.8M.inn
».448,7»-»
8,S00MiS
»,»78.!W
43t7;Sn
8.4fti,ea)
Uuluth
1N81
1883
1883
BiuHMIMlmukMlf gg^jHH,
on.iwi
mtxaf
»SJH
Mjtm
and complaints of Same wk. '8U
wk. 13
Rye flour and buck- 8amo
Since Julv as
fair trade
am.
1
speculative character has been developed,
still
B»^.
(Ms.
BMi.lMIM BiuhMUu Buthlmt
28, 1881.
Tot. wk. -Kl
unsatisfactory returns are
TThMC
Jlsw.
November
The flour market has been more aotive and prices have MllwaakM..
T(>lado
shown n slight upward tendency, due mainly to the stronger Dot roll... ,.
turn of the wheat market. Dealors have accumulated stocks lloTOl»n(L ..
St. Loan ....
with more cenfidence, not having before them the foar of a l-eorl»
reduction in prices to
618
IV.Tt?
m.m
T^
•.«»
Uto
MJM
1.M)0,»I4
The comparative shipments of flour and grain from th« same
the ports from Dec. 24, 1883, to Nov. 23, 1881, inclusive, for four
years, show as follows:
are not maintained.
The wlieat market has
shown a considerable increase in
and the upward turn of prices,
1883-94.
volume
1882-83.
t«80-81.
1881 82.
Flotur
bbli. 10.725,160
9,700,285
7.153,59*
8,0^2.149
in sympathy with a movement at Chicago, which was referred
Wheat'
bush. 02.579.405
46.
44,581,716
.M ,7 19.821
Yet Com
to in our last, has been maintained with som3 vigor.
76 107,981
99,822. 13-i
02,303.120 1"
Oats
49.150,874
33,71I9,«7H
46,765.161
fluctuations must be noted, and the advance for the week was llarley
5.078.953
8,793,74%
4.661,0:)0
3,009.';30
5,873,340
f>,570,5l0
2.16U.2OU
by no means grea'. The change is more in the improved tone Ityo
Total gtalD .... 198,790,553 20;.53G,269 155.523,039 190.172,.'>02
than in the higher prices. The market seems to be in a someBelow are the rail shipments from Western lake and rive r
what anomalous position, which protects it in some degree
from speculative manipulation. The bulk of stock on hand ports for four years:
1882.
1881.
of speculative dealings,
to be held
by small holders.
DAILr CLOSIXO PBICES OF NO. 2 BED WINTER WIIKAT.
We<l. Thurs.
Fri.
Mon. Tiies.
Sat.
«4
H5
85 >«
Hl'fl
e2'a
Afloat
8-2
82
hl?4
delivery
81%
811a
!«
'9
December
8414
83=8
83»8
8131s
January delivery
814i
86»3
86=8
8i
85^8
87
February delivery
88'8
89
88
SB's
8Ta
Mareh dellvoi-y
>«
90^8
90
91
90^
A'lrll delivery
»!"«
92
92 "c
91^
May delivery
92-s
Indian corn has also improved a little during the week under
review. There has been considerable speculative activity and
a very good trade in the regular way, with a general increase
The close of the
of confidence in the stability of values.
canals of this State in the coming week will relieve the market at once of pressure to sell current receipts. The advance,
To-day there was more
however, is as yet unimportant.
activity, but an irregular closing.
D-VII.Y CLOSING PRICES OK NO. 2 MIXED CORN.
Sat.
MoH. Tues.
Wed. Thurs.
f,0
50ifl
50
50^
Afloat
47>4
48>8
47%
47 %
December delivery
45 <«
45 Sg
46
January delivery
45«i
45-8
45^4
48
February delivery
o
451a
4«
46
45%
a
March delivery
451a
1883.
1R84.
A
sharp decline does not
disturb them sufUciently to cause much "' unloading," nor does
a moderate advance promote free sales to realize. Consequently speculative influences, which at times are found
potent, have very little eflfect just now. The export and milling 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 pirt to the scarcity and high rates of
ocean freights, but futures recovered at the close.
seems
Week
\ov.
ir<.
Nov. 28.
bbts.
221,476
19i,5l0
240,801
8tJ,308
bash.
535,229
1,006.932
713,70J
195,298
47,950
395,501
562,506
975,043
441,03)
53,199
469.363
807,622
509,906
181.181
43,558
217.772
780.8S2
171,425
130,338
40,358
2.499,118
2,4J7,292
2,071,023
Com..., ._
Oats
Barley
Kye
Total
The
rail
and lake shipments from same ports
Week
Flour,
Wheal,
bbls.
btisK.
Oom,
45^8
45'9
4618
Barley,
bush.
Oats,
tnuK
115.175
141,876
234.324
103.265
N0V.22.. 358,233 1,797,768
Nov.15
360,390 1.6'j3,2i2
Nov. 8.. 325.259 1 .357.256
Nov. 1 . 308,334 1.774,061
bush.
1,245,311
752,738
1,149.473 8H5.49S
1,763.017
1)95.528
2,074.555 1.209,203
4 w. 1352. 266
4w'ki'83.1156,393
6.232,356 3. 883.0i9 805,014 594,640
6.815,129 4,.536,618 1,859.474 419,521
6,597,307
4,356,505
Tot.,
The receipts of flour and grain
week ended Nov. 23 follow:
Alr-
New York
Flour,
Wheat,
obi*.
frtuA.
P.iUadelphla...
Baltimore
Barley,
bush.
Oati,
bush.
biisn.
882.772
36,300
400
158,5.50
93,000
117,074
431,200
83 335
3.350
7,772
60.40J
33,429
13.623
5,'333
303,60l>
950
27,363
23.601
25,258
195,298
183.688
201,935
224,093
at the seaboard ports for the
Oom,
195,470 1,119,021
78,150
99,504
Boston
Portland
Montreal
9,600
249,093
Sy»,
frwiA,
71,850
1,000
318,375
10,200
,
25,022
91,200
24,813
Newp't News
New Orleans...
Ooc.
51
48
1,351,275
for last foar
weeks were:
endino—
7,817
week
'83..
350,403
957,391
.'.".~.'.'
.'.".'.'."
635,419 444,797 97.693
851,315 373,550 171.058
Totll week... 334,970 1,641,114 1,460,069
Fri.
Week
A'or. 24.
Flour
Whe.-it.,..
Week
Weete
Woe. 22.
917.010
total receipts at the same ports for the period from Dec
24, 1883, to Nov. 22, 1881, compare as follows for four years:
1880-91
1883-34.
1882-83.
1881-82.
11,636,231
bbls. 12.495,593
12.593,856
11,363,363
Flour
The
Wheat
bush. 65,790,304
85.825,247
80,930,634
58,237,3>!5
4373
4614
4618
42,1.57,531
79,395,535
29,470.333
98,322,090
45%
40 >4 Cora
May delivery
25.480,419
30,473,469
29,051,496
25,796.714
Rye and barley have been quiet and close unchanged. Oats
4.771.101
4,34.5,232
4,144.261
5,072,147
Barley
l,32i,0U
1,930,315
5,100,133
5,032,740
Oats were somewhat depressed early in the week, but a revi- Kye
val of speculation followed and better prices were maintained.
Total grain ...118,371,719 170.761,399 113,145.419 210,329,772
A feature of the future dealings was the sales for May deliv- The exports from the several seaboard ports for the week
ery at 31c. To-day the market was irregular; white oats were ending Nov. 23. 1881, are shown in the annexed statement:
Exports
firmer, but mixed dull, closing with No. 2 at 31%@33c. for
Bye.
Flour.
Oats.
Fms.
Wheat.
Oom.
from—
Dec. and Slcig. for May.
Btuh.
Bbls.
Bush.
Bush.
Bush
Bush.
The following are cloemg quotations:
81,.552
641
24,676
1,378
New York 529,338 321,437
FLODB.
Southern bakers' anu
family brands
91609 .5
Hour, superfine.. 3 509 3
3 50
4 60 Oom mea:—
3 75
Western, Ao
3 109 3
4 60
BrandywlnA. Ao
3 359 3
5 50 Buckwheat flour per
450
lOOlbs
2 009 2
4 50
fJbbl. $2 2.5a 2 75
Fine
SuperHiie
2 50» 3 CO
Spring wheat extras.
WintcrKhlpp'gextrae.
3 00Si
3 50»
3 00»
Winter
4 00a
Minn, clear and stra't.
XX
4 50»
Patents
4 00»
City saippiu^ex
Boatb'n stlp'g extras. 3 25 a
^e
50
85
Boston. ..
Portland
Montreal.
Phlladel..
Baltlm're
Spnng,per biuh.
Spring No. 2
Bed winter, No. 2
70
79
•
a
84 a
70 a
75 a
44 «
50 a
50 «
50 a
48 a
Bye— Westem
88
81
8
State
Oatfl— Mixed
White
9
9
9
Wlilte
',
90
No.2mlxed
Hft
No. 2 white
I
We
18,168
25,500
15,558
lu
90',793
N. Orl'ns.
4',7Y4
28.000
30
994,151
510,289
133,201
30,736
672,9231
S01.5S6
138.161
103.743
63
68
33is
72,230
1,366
17.861
Total w'k.
:i
73,594
S'lne time
The destination of these exports is as below.
corresponding period of last year for comparison:
31%»
38
3214* 32ia
33 a....
51
liuckwheat
Com— West, mlxsd
58 9 60
51
Barlev-No.l Canada. 82 a 86
West. mix. No. 2.
."^3
West, white
No. 2 Canada
75 9 80
55
White Southern..
State, two-rowed
60 9 65
Yellow Southern.
51
State, six-rowed
70 a 73
The movement of breadstulTs to market is indicated in the
statements below, prepared by us from the figures of the New
first give the receipts at Western
York Produce Exchange.
lake and river ports, arranged so as to present the comparative movement lor the week ending Nov. 32 and since Aug. 1
for each of the last three years;
Bed winter
39.506
12
N. News.
1893.
58
66
31
Ii8,y4l
40
40
SKilK.
Wheat—
519
120,911
137.376
177,510
Wheat
Flour.
Export*
for mek
to-
1884.
Week,
A'ou. 22.
Un.King.
Coutln'nt
s
A C.Am
\V.
Indies
Brit, col's
Bbls.
Bbl*.
109,246
16,087
19,789
13.220
24,952
120.076
13,773
21,407
15.069
11,636
1,203
183,294
183.164
OtU.c'n't8
Total.
1883.
Week,
Koc. 21.
1881.
ir«eilc.
Xov. 22.
Bush.
365,835
628,303
1883.
resile.
.V»r. 24.
Buth.
573.018
99,905
We
add the
Oom.
1884.
Week,
1883.
IfMk.
.Vor. 22.
Xov. 24.
Bush.
375.995
157,34
4.299
2.620
Busk.
441,669
8.364
45.953
4,005
23
16
'"i",566
994,154
672.923
540.289
501.558
:
..
THE CHRONICLE.
614
this week's movement to our previous totals we
the following statement of exports since September 1,
thiB season and last season
by leading jobbers, who also made liberal sales of
ginghams by means of very low price!=.
PniNT Cloths.— The following shows the course of the
market during the week:
By adding
styles, &o.,
have
1883.
tS>'4.
^Ufl. 28, to—
AxlQ.
Nov.
23.
Bush.
BlM*.
Kingdom
1,S4«.629
1,409 920
8.397.316
7,976,558
Oonttnent
*C. Am...
156,316
174.774
87,714
9,437,094
1-18.036
29.2H
Indies.
Col'nieB
221.968
217.456
223,628
207.071
131
10
Otta.ooantr'B
8,762
9,13d
13.437
6O0
'da.
.
.
«
West
B
rlt.
Total
2,132,275
2,079,338
l7,877.S!i8
Bush.
5,214,723
603,088
2,490,897
875
225,17S
91,541
24,594
8,174
568,442
134,139
60,839
103,528
3.691,813
Monday
Corn,
Wheat,
hush.
at—
Buffalo
10,657,S80
863,327
2,500
2,086,000
<;iiica^o
«,815,17,<
.
(est,)
^Newport News...
hush.
4(ir),213
396,665
7,000
140,000
1,045,339
Barley,
Rye
bush
bush
81,1.58
8'2,5T9
294,7^6
381,950
137.200
233,000
104,148
150,095
13,000
28,000
2i,9d6
2,141
47,541
63,000
12,0;)0
Milwaukee
1.799,2,=>0
1922,022
Toledo
Detroit
2,5."0,139
70,639
297,626
227.058
135,9.")1
Oswego
1^818
42,398
56.725
6,095
140670
18t),434
liO
Peoria
Indianapolis
Kansas City
Baltimore
146,597
278.0;6
066,410
7,101
124,900
880,121
1,137,481
On rail
On lake
f!42,913
l,S37,3<;9
2,5i:9.672
et. Louis
-Ciiiciunati
Boston
Torouto
Montreal
Thiladelpliia
©own Mississippi.
707,b76
oaual
20.831
14,164
1.783
151.820
67.2il
537,220
473.359
109.201
48,726
9,832
Tot. Nov.26,'81.
990762
213,261
204,720
180,909
502,719
2'
835
4,700
1,473
46,303
30,402
47,9 "0
36,823
171,631
Price 3 20, Price
Sales 5,000 'Sales
. .
.
.
..
...
5,000
Price 3 CO Price
Siles6,oao,Sale3
,
6,000
,
Price 3 15 Price 3-23 Price 3-35
Sales 4,000 Sales 8,000 Sales 1,000
l)Ut
8,000
.Holiday
Quiet
but
315
Price 320 Price
Sales 1,000 Sales
Price
Sales
steady.
1,000
15.000
;
Wednes-
;
ance in woolens, linen goods, white goods or hosiery.
Importations of Dry Goods.
The importations of dry goods at this port for the week
ending Nov, 27, 1884, and since January 1, and the same facts
for the oorresDonding periods are as follows:
Holiday goods were distributed
—
and jobbers local and out•of-town retailers having stocked up pretty freely with all
descriptions of fancy goods, &o. The jobbing trade was
inliberal quantities by importers
Price
Sales
—
Friday, P M,, November 28, 1884.
Business in the wholesale branches of the trade was comparatively light the past week, owing partly to the intervention of tlie Thanksgiving holiday; but there was a continuation of the improved feeling lately developed in the market.
The demand at first hands was chiefly of the hand-to-mouth
character usually witnessed at this time of year, but lower
prices enabled agents to effect some large sales of bleached
cottons, ginghams, &c., and confidence has been so far restored
that some very fair orders were placed for certain spring
fabrics for future delivery.
8-15
....
;
THE DRY GOODS TRADE.
•
Quiet.
...
Sales
ratal.
Domestic Woolkn 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 lots of old light-weight clothing woolens
were disposed of by means of low prices, but regular goods
of the best makes are held with 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 bteady, 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.
Foreign Dry Goods. There was a fair business in a few
specialties adapted to the coming holiday trade, but the general demand for imported fabrics was very light.
Handkerchiefs, laces, embroideries, cloaks and fancy goods met witth
a vfry fair distribution but silks and dress goods were mostly
quiet, and velvets, plusb, velveteens and cloakings were only
in moderate request, while there was no movement of import-
4,220,497 3,482.072 2,446,910 698,44^
4,3-'5,'.13 3,477.714 2,480,710
7mO,Oi-8
32.2.M 1.58 8,>;8j,Hi5 5,987,660 3,'i71,227 2,313,' 56
20,118,512 4.679,511 3,497.843 3,351.005 1,159,'Jfll
19,816.281 20,634,050 2,912,136 3,339,027 1,399, OliO
T.i Nov.?5.'82.
Wed'day,
Price
...
Transferable Notices— Saturday, 3-15; Monday, 3-15: Tuesday, 3'20
day, 315; Thursday,
Friday, 315.
T.r. Nov.22,'84. 38,178.93!)
Tit Nov.l5,'«4. 36.376,635
Tot. Nov.-j4,'83.
315
Price
Sales
Ma7'ch.
...
Total,.
16,73-*
810
430
99,189
Dull.
Friday,...j
5-29
2,868
3,483
Tuesday
Quiet
but
steady.
13,765
24.458
Price
Sales
Thursday
9,134
7,184
106,813
125,716
103,600
4,568
10,001
11,670
570,967
78,.'=,61
Quiet
but
315
Dull.
Price
Sales
Quiet.
Quiet
13,412
139,1,53
43.755
12.100
64.870
95,039
2,397
315
steady.
3 16.907
'Dululh
Ou
Oals,
bitsh.
1,195,461
Dull.
12,473,236
follows:
store
Price.
steady.
m
In
January.
Tom.
Saturday,
granary
The visible supply of grain, comprising the stocJis
«t the principal points of accumulation at lake and seaboard
fwrts, and in transit by rail and water, Nov. 23, 1884, was as
Ifew York.
Bo afloat
Albany
Futures.
SvOt9.
EXCHANGE
Nov. 24.
9,315,393
13,208,849
COTTOS
A.Mi}t21 to
8,736,038
16,583
SALES OF F0TUBES.
1888.
Aug. 27 to Aug.2S to
Nov. 22.
Nov. 24.
Bwih.
B^(».
Bbl>.
1884.
1S83.
1884.
AUQ. 27 to AUQ, 25 to
Nov. 22.
N^v. 24.
25 to
Com.
Wheat.
Flour.
rpnrt* tinct
XXXIX.
[Vol.
a:
mostly quiet as regards tran-*actions with buyers on the spot,
but the order demand was of very fair dimensions, and many
of the orders were accompanied by more cheerful reports in
regard to the business outlook. Stocks in the hands of jobbers and retailers are in excellent shape, and the supply of
domestic cottons and woolens now carried by manufacturers'
agents is much smaller than usual, because of the protracted
curtailment of production by many Eastern and Southern mills.
Domestic Cotton Goods. The exports of cotton goods for
the week were 3,077 packages, including 2,035 to Great
Britain, 550 to China, 216 to Venezuela, 104 to U. S, of Colom•toia, &c., making the total exports from this port since Jan. 1
Hope, Blackstone, &c., which were marked down by
agents to lower figures than ever before known. Colored
cottons ruled quiet, and there was a limited business in cotton
rflaunels and corset jeans. The late advance in the staple has
imparted rather more firmness to light brown cottons, dje
"Cambrics, &c. and print cloths have slightly appreciated. Prinj
cloths were in moderate demand, and closed firm at 8 3-16:-,
plus 1 per cent bid and 3i^c. asked for 64x648, and 2 13-l€(a
5^0. for 56x60s. Prints were in meagre demand at first handsj
Jbnl more than an average business was done in shirting
:
!
TV
j:
Vi to -* C)9
-^
M ** OD Oi
!
U
-lO — c»t';.•"-'
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M to 10
JO
O -1 — -1
go -J -•'ISP
S
£
C. CO
-J lo
w iK M
X lO CO
COC-
—
116,073 packages, against 127,310 for the same period in 1883
.and 127,100 in 1882. There was a continued irregular demand
for staple cotton goods at first hands, and the jobbing trade
was seasonably quiet. Surplus stocks of brown sheetings
'have been nearly closed out by agents, and there was consequently a lessened movement in these goods. Bleached
goods were more active in some quarters, owing to a reduction
in the price of certain popular makes of shirtings, as Lons-
:
:
,
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1
X&
NovEMBirn
THE CHKO.NICLK
SO, 1884. J
Snsuvavjct.
Til
Jnsiivtince.
The United
OFFICE OF TUB
ATLANTIC
(OROANI/KD
1890
I.N
T.
8 Voutb William Ai., N«w Vork.
OIIOKUS KOU Kt TLKB l>BUVKK«
KJtISCUTIS
C O T T O .\
York.
atiheNEW ToKK,
BROS.NAN. Pmldent.
II.
at the
The Tnistecs, lii couforuilt y to the Charter of
the Cuiiipany, ptihiiitt the foUo>viii>; Stateuit^nt
of Its iiOalrs on the SUt December, 1883:
Marine Klska from
iBt January, \9S3, to 3l8t DeoeuiVier, 1883
fl,168,933 10
Fremluuis on Policies not markul
offlst Januury, 1683
1,530,232 53
PreiutiuuR
oil
Total Marino Premiums
Premiums marked
off
$5,708,185 63
from 1st
January, 1883, to 3l8t December, 18s3
$4,260,423 93
Losses paid during the same
period
$1,901,042 38
Returns of Premiums and Expenses
$850,080 76
The Company has the following
United States
York
aiid State of
Stock, City, Bank
Death Claims paid at once as aeon as latlsfactorr
proofs nre received at the Home Offloe.
Absolute
combined with the largest liberalltf. nsanrea the popnlarltr and success of this Co.
All form of Tontine Policies Issued.
CO.MPAKISON or BUSIXESS FOIl TWO YXAIIS.
„
New
securttjr.
ifwa.
.
THE
MUTUAL LIFE
F. S.
1.956.500 00
WINSTON,
Rates Lower than other Companies.
1,538,306 79
335,710 6
Amount
Assets,
-
-
the outstanding certlllcates of prollts will be paid to the holders thereof, or their legal representatives, on
and after Tuesday, the Fifth of February next.
THE OUTSTANDING CERTIFICATES
of
the Issue of 1879 will be redeemed and paid to
the holders thereof, or their legal representatives, on and after Tuesday, tho Fifth of Feb
ruaiy next, from which date all interest thereon
will cease. The certillcat«s to be produced at
the time of paymeui and canceled.
A DIVIDEND OF FORTY PER CENT
is
declared on the net earned premiums of the
Company, for the year ending 3l8t December,
1883, for which certitlcuU'S will be issued on
and after Tuesday, the Sixth of May next.
Board.
H. CHAPiHAN,
Secretary.
James Low,
David Lane,
Gordon W. Burnham,
A. A. Raven,
Wm. Sturgis,
Benjamin U. Field,
Josiah O. Low,
William E. Dodge,
Royal Phelps,
G. A. Hand,
John D. Hewlett,
William H. Webb,
Charles P. Burdett,
Charles D. l.«verich,
William Bryce,
William H. Fogg,
•
Thomas B. Coddlngton,
Horace K. Thurber,
William Oegroot,
John L. Riker,
N. Denton Smith,
George Bliss,
William U. Maoy.
W. H. H. MOORE, 2d Vice-President.
A. A,
BAVEN, 8d
Vloe-PreeWeDt,
a IloPKiNR.
CUAULKH
l.crnd lioPKins
I>.
.MII.I.EH.
Hopkins, Dwight & Co.,
C O T T O I¥
COMMISSION MERCHANTS^
No.
134
PEARI. STREET,
NEW YOKK.
OBOERg FOB FfTI'R* CO.STRAtTg KXtCCTWD Of
New Yukk and LiveHpooL.
G.
&
Schroeder
GENERAL TRANSATLANTIC CO.
Betn-eeu NEIV YORK and HAVRE,
(now) ^2, Xorth lUver, fodt of Morton St.
TrHveler.-* hy this line avoid botbtninsit by Knj:lish
railway miU Hie aiacomforls of crussiug the Channel
in it small boat.
A.MKKK^UK. Santelll
Wed., Deo. 3, 5 A. M.
ST. (.KK-MA'N. Trauh
-Wed.. Uec. 10,11 A.M.
CANADA. l>e Kersiihiec
Wed.. Dec. 17. 5 A M.
PitK K UK 1'.assa<;k iinjludli»c wine):— To Havrel*ier
First cabin. *l(H) anil *>0; Hceunil cahin, ^(V); steerawe, $V6 -tncludioK wiiio. bedding and utensils. Keinrn tk-kels at very nvlm-ed rat *;--*. Cllock^*on Uanque
Ti-unsatlantique, Havre and fart, sin amounts to suit.
Special Train
WARE
SCHROEDER,
A.
COTTON COMMISSION MERCHANTa*.
POST BCILDING,
16 & 18 Exchange Place, New Torlu
Special attention paid to the execution of order*
for the purchase or Bale of contracts for future delivery of cotton. Liberal advances made on eea-
&
from Havre
133
Ai^ciit,
Cargill,
COTTON BROKERS,
AIJ«V§TA, GEORGIA.
Entire ftttentlon given to purchase of
TO OllDEK
COTTON
and E.Vl'OUTEUS.
COKRKgPO.MIE.N'Ca 80UCITEU.
IIEFIKENXES.— -N'atloiml Bank of Aumista. Ga.
nenry llentx ii Co.. Commlssiun Merclianis, New
York William B. Uana & Co.. Hroprletors CumhkkCIA & Ki.N'A.NCiAL CuiiuNiCLC, and utiier New York
for Sl'I.N.NEIlS
Farrar & Jones,
PEARL STREET, NEIT YORK.
EVRE, FARRAR &
,
CO.,
^^
KORFOLK. VA.
Sawy er, Wallace
&
Co.,
COMMISSION MERCHANTS,
BROADWAY.
No. 18
Liberal advances made on Cotton conslgnmenta
Special attention Kiven to orders for oonti-acts for
future delivery of cotton In New Vork and l.ivemr>oi
WALTER & KROHN,
53
©JOttOU.
and sale oS
Liberal advances made on Cotton conslimmeota.Special attention Klven to orders for cunlracts fur
future delivery of Cotton.
to Pails.
(!enerale Trnnsathintiquc delivers
at its otticf in .New Vork Hpecial train tickets from
Havrt' tt. Paris. UaKK'itte checked thnuiKh to I'arl!*
without e.vaminatitiii lit Havr\ pruviiled imssontiers
have the same delivei-ed ai tho Company's dock in
New Vi)rk. I*icr42 North Idver. fool of Morton St.,
at least two hmirs buforo tho departure of a steamer.
&
Co.,
NE^T YOKK^
Special attention idven to the purchase
Future Contracts.
The Cumpii^nie
Alexander
Co.,
8UCCKSSOK8 TO
No. «1 stone Street,
Direct Line to France.
From
^^
TUAUK.
Cotton Commigslon Merchants,
COTTO.\ BROKERS,
NEW YORK.
REAVF.R STREET,
F. Hoffmann,
COTTON BROKER AND AGENT
38 RUB DE LA BOIRSE, HAVRE..
W
&
enman Co.,
J ames F.
COTTOX BROKERS
No. 113 PEAHL STREET, N. T.
Established (In Tontine Bulldlnit) IMO.
:
t,
& Tainter,
MERCHANT
8,
RTHRET.
Waldron
Uoiues.
William H.Beede& Co., COTTO:«
COTTON BROKERS,
STREET.
(IT
PEARL
No. 5 and 7 U'lLLIAITI
Special attention iciven tti orders for the t)i./laff
sellloK of Corrox lou Knt'KK Delivkuv.
and
JOHN D. JONES, President,
CHARLES DENNIS, Vice-President.
QusTArcs
o]yi.Y
Robt. B. Mlntum,
Charles H. Marshall,
John Elliott,
James G. De Forest,
(If
CORRMPUNIfKNTfl;
MeMra. SmlUi, Bdwarda * Co., Cotton Brok«f*
MM V e rpool*
MeMHi. Samuel n. Back k Cn.. new Orleana.
^tjeamsMps.
TRUSTEES.
Horace Gray,
Edmtind W. Corlles,
Adolph Lemoyne,
tbemiW VOHK IMIODICK KXniANOK aa*
Ilia CUICAUO IIOAltK
SlOl, 148,248 25
No. 6 Butvliii;; <>rcen.
D. Jones,
Charles Dennis,
W. H. H. Moore,
Charles n. Russell,
at
14, 1842.
LOUIS DE BEBIAN,
J.
ci)Kh:k kv< ha.V(;k aa«
Robert Tannahill
$12,972,312 47
Kmr ob-
K K
signments.
ORGANIZED APRIL
BIX PER CENT INTEREST on
J.
President.
LIFEdENDO WMENT POLICIES
425.t00 00
Bank
t'.e
OF NEW YORK.
ISSUES EVSSr DESCRIPTION OF
$8,666,795 00
celvaolc
order of
CO.
and
otherwise
Seal Estate and Claims due the
Company, estimated at
Premlmu Notes and Bills Rc-
By
iRiw.
Insurance Written.... 13 SOO.iHio 00 fs.asi.noooo
Insurance In force
irt.TiH!,o(w oo im,!SO<(.o*w oo
Assets
6.UB,S1449 S.aw.aia 4H
Pajments to p<iIlcr-holdcrs 45B,H7»4il
47u,inaw8
Increase In new bunlness written In inna over 1882,
87 per cent.
GOOD AOENT.S, desiring to represent tho Com.
Sany, nre Invited to address J. 8. GAKKNKy,
nperlntendent of Agencies, ut Home Office.
New
other Stocks
In
All Policies henceforth Inned are looontettahle
for ary cause after three jean.
INSUIUXCE
Assets, viz.:
Loans secured by Stocks and
Cash
paar'a cliartor was §o amendsd In 18M that hereaftsr
shsll belong to the pollor-boldsn ex.
11 the proflu
cluslvalr.
NRW YOKK
I'
GRAIN AWn PROVIHIONS
Br ui
NEW YORK, Jaminrr 24, 1884.
i.ivkiii-imii. a.'«d
C O r
KRALtiou.Seo'r. A. WuKKLWiiioirT. AM'tSse
Gso. IL BlTBroHO, Actuarr.
set of the Lsolimture of ttaJi Stats this Com-
C. P.
Co.,
COM.MISSION MKK(IIA.\T»
)
& 208 Broadway, New
261, 202
&
Henry Hentz
States Life
Insurance Co.
THE CITV OF NEW YORK,
I.\
Mutual Insurance Co.,
<to\\o\\.
Dennis Perkins
&
Co.,
COTTON BBOKER8,
135 Pearl Street, New York.
Orders for Spot Cvilon and Futures promptlj
executed.
JOSEPH GILLOm
STEEL PENS
SotoBv ALL DEALERSTmrouohoutTie WORLD
BOLD MEDAL PARIS D(P0SITION-ia7S.
_
THE CHRONICLED
Tiii
[November
plisccHaujcoxts.
©ottou.
dyotton.
Walter
Woodward &
Stillman,
MERCHANTS,
& 18 Exchange Place
Post Building, 16
MADE ON ACCBPTABLE
INMAN,SWANN&Co
SECURITIES.
COTTON MERCHANTS,
OBDEK8 FOR CONTKACTS
roa Future Delitehy of Cotton.
&
Jemison,Gi'oce
li
Phenix Insurance Co.
OF BROOKLYN,
195 Broadway, New York City.
Company 1st Day of July, 1884.
CASU CAPITAL
$1,000,000 00
Office,
G. E. Staenglen,
NEW YORK,
statement of
NE>V ORLEANS,
Reserve for unearned premiums
Reserve for unimid losses
Netsurplus
AGENT FOR
& Gwynn,
COTTON FACTOBS
Lehman, Abrahiim &
ASD
New
COMMISSION MERCHANTS,
16 and 18 Excliangc Place,
NEW
Post Buildixo,
&
Rountree
YORK.
Co.,
co9i]:ais^io.\ merciiaikts,
NO. 12 OLD SLIP,
JiEVr
YORK,
fcP~ Special attention (riven to the execution of orders for the purchase and sale of Cotton, Urain, and
Provisions for future delivery. Orders also executed
oa the New York Petroleum ExchanKe and 8lock
Board. Liberal advances made on conslKnments.
Fergus Reid.
theo. H. Price,
VUx of
Eure, Farrar
Price,
&
Price.
&
Reid
NOUFOLK, VA.
Liberal advances made on Cotton consignments.
Bpectal altenti(jn given to the sale of cotton to
arrive or in transit for both foreign and domestic
Diarkets.
Correspondence
solicited,
Gwathmey &
co:mi91ission
No. 123 PEARL
Bloss,
merchants,
ST.,
;
York.
& Wakefield,
COTTON
Tuttle
And General Commission Merchants,
84 Beaver
St.,
coimnissioN mebchants,
No. 40 EXCHANGE PLACE,
UEilBERS OF THE COTTO.V, COFFEE AND
rnODVCE EXCHAXGES.
Up-town office. No.
Nenr York.
Liberal advances made on cotton coDsifroments
Special attention given to orders for contracts for
fature delivery of cotton.
&
Henry M. Taber
Co.,
YOBK.
141 PEABI. ST., NE^V
OF NEW^ YOBK.
OFFICE 119 BROADWAY.
CASH CAPITAL
13,000.000
Cash Assets, July
CHAS.
&
John C. Graham
BANKEB
SELMA, ALA.; MONTGOMERY, ALA.
NETSURPLUS
No. 2 Cortlandt
JAS. A.
BABCOCK&CO.
COMMISSION MERCHANTS,
17 Water Street,
BABCOCK BR0TUBK8 &
CO.,
&
&
jrOHN H. CL.ISBY
CO.,
COTTON BUYERS,
JKONTGOniEBY, ALA.
^tnaiaBAWE
26
WILLIAM STREET. NEW YORK.
Orders tn " Futures" executed at N. Y. Cotton Excb.
Geo. Copeland
&
Co.,
COTTON BROKERS,
ISA PEABI. STREET,
NEW YOBK.
1,923,185 95
4,000,000 00
St.,
Noav York.
ALEXANDEB,
Agent.
British
Mercantile
Ins.
Co.
Of
WALT. Street.
Wm. Mohr. H. W. Hanemann. Clemens Fischer.
BO
LONDON AND EDINBURGH.
United States Board of Management,
NEW
Mohr, Hanemann& Co.,
123 PEABI. ST., 180
New
GBAVIERST.,
New
York.
Hon.
8.
B. Chittenden.
Esq.
Ezra White,
Orleans, La.
FOR FUTURE CONTRACTS.
John M. Ewen.
Wakren Ewen, Jr.
OP
ORDERS
Ewen
J
J.
ASTOR, Esq.
E.
WHITE, SAM. P. BLAG DEN
Office, fi4
MANAOERS
William St., New York.
Brothers,
COTTON BROKERS,
Nos. 31 & 33 Broad
NEW
A. C.
YOKE:
Solon Humphkets. Ch'r'n, (E. D. Morgan & Co.)
David Dows, Esq. (David Dows & Co.)
E. P. Fabbri, Escj. Drexel, Morgan &. Co.)
CHAS.
ONLT on Orders for a Commission
Fellowes & Tileston,
COTTON, STOCKS, BONDS, &c.,
$9,192,643 80
$3,369,457 85
North
LIVEBPOOL,
Receive conpignroenta of Cotton and other Prodnoe
and execute orders at the Exchanges tn Liverpool
Represented In New York at the office of
Company
OF HARTFORD.
Buyers of Cotton for a Commission. Orders for Fu
tnre Contracts executed la New York and Liverpoo
B. F.
»7,S43,574 4i
Assets January 1, 1884
Uabllltlea for unpaid losses
and re-insurance fund
Capital
Special Attention Given to the E.\ecution
Xdrances made on ConelKnments of Cotton. Contracts for Future Delivery of Cotton bought and
flold on commission.
1884
Insurance
S
COTTON COMMISSION MERCHANTS
No. 18 William Street, New York.
J.
iETNA
Co.,
AND
1,
NABTIN,
President.
J. H. WASHBURN, Secretary.
York.
Orders e'^ecuted at the Cotton Exchanges In New
York and Liverpool, and advances made on Cotton
and other nroduce oonsigned to us, or to our correspondents in Liveritool, Messrs. B. Newgass it Co.,
and Messrs. Ij. Kosenheiui A Sons.
00
Reserve for Unearned Premiums
2,05^1,007 00
Reserve for Unpaid Losses and Claims.
350,312 42
Netsurplus
1,342,855 04
Church Street,
204
Company
Insurance
BRO'S,
Cotton AND Factors
NEW YORK.
Orders for future delivery of Cotton executed In
K«w York and Liverpool also for Grain and Pro-
Ulons in New
LEHMAN
Co.,
Cotton Brokers & Commission Merchants
Co.,
Montgomery, Ala.
Orleans, La.
New
AND NORFOLK, VA.
Lehman, durr &
Go.,
CBOWEI.I., President.
HOME
R. M. 6,000,000.
Caiiititl,
35
256.486 66
658,087 64
WM. R. CROWELL, Vice-President.
PHILANDER SHAW, .Secretary.
WM. CHAUTEKS. Assistant Secretary.
FRANCIS P. BURKE, Secy Local Dep't.
Autliorizod Capital, E. M. 20,000,000.
Paid-Ul)
ii,042,223
*3,057,6i6 63
STEPHEN
& Co., Galveston, Texas. COTTON COMPANY OF STUTTGAKT.
Fielding
Sons,
BANKERS,
NASSAU STREET, NEW YORK.
Special attention paid to I.VVESTMENT8 and
accounts of COUNTRY BANKKKj.
York.
Co.,
AND
Halek.
—with Interest upon balances.
Xcw
BANKERS
COTTON COMMISSION MERCHANTS,
No. 23 TVllUam St., New York.
it.
Personal attention given at the EXCHANGES to
the purchase and sale of STOCKS and BONDS for
cash or on margin.
DEPOSITS RECBIVBD-sabJeot to chock at sight
COTTON, ALL GRADES, SniTABLB TO WANTS
OF SPINNERS,
Offered on Terms to Suit.
Jemison
P. Hatch.
Arthur
BRANCH OFFICES j.13^ S^^^^h^'t'Jt^.^'i-J.'in
aPKCU.I< ATTEXTION TO
S.
Henry
Batch.
W. T. Hatch &
Cash Adxances Made on Consignments.
E.
T.
Nalh'l W. T. Batch.
NE\r TOBK.
I<OAKS
29, 1884,
VON Gundell.
YORK.
Charles Mayhoff.
von Gundell & Mayhoff,
COTTON BROKERS,
2*4 STONE STREET, NEW YORK.
VON GUNDELiTa: MAYHOFF,
Nob.
COTTON BUYERS,
L/ommercia/
Street,
raEiaPUIS, TENN.
(Union Ins. C^o,
(OF ZONDOirj
ALFRED
PELL,
Besidvnt llana§$r.
Cor. Pine
& William Sts
@FedFRASER