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eUNT'8 MERCHANTS' MAGAZINE,
REPRE3KNTINO THE INDUSTRIAL AND COMMERCIAL INTERESTS OP THE UNITED STATER *
lEntereil aooordlnn to Act of Oongrega, In the year 1891, by Wm. B. Di.wa A
Co.. In the oltloe of the Librarian of Oon^rreM, Waahlnvton, D. 0.1
VOL.
SATURDAY. NOVEMBER
53.
OLEA RING HOUSE RETURNS.
The following statement shows the bank clearings
week ending to-day (November 7.)
T«l«0rap)k.
«»11.876.641
-3-5
9)'.462.33t
10S,9.1S',547
«0.H 1,780
86,099,908
11.853,932
-7 9
-91
Boaton
PMUclelphla
Baltimore
ChlcaKO
t. Louli
H»w Orlean*
12.091.637
82,522.000
20.648,348
8«Ten cities, 6 days
Other cities, 5 days
Total
all cities,
6 daya..
AU cities, Iday
Total
all citiea for
week...
New York
SaUtof—
$&90,27»,16e
+2-0
7('.184,000
+8-3
10,487, i><6
20.184,108
11,918.034
+1-3
-12-2
$874,476,449
167,716,428
»806,03B,070
15«,092,613
-34
+17
$1,032,182,877
211,286,418
1,080.128,683
244,604,892
-2-6
-13-0
$1,243,478.296
The exhibit of clearings f 01 Oct. and
I
since Jan.
isasfoUows:
1
TBIJMMI
1,U»,C
-U-4
(1.161.300)
(688.700)
(62,621.060)
(704.000)
(1,686,280)
<d3S,800)
(86,616,462)
(1,780,000)
(-27-81
88.413.336
7.148.400
1,808.802
1.999.024
1.236.184
1.217.600
1.323,802
881,676
380,892
104.327,201
6,862,800
1,902.038
1.210.608
1.268.741
1.381.248
1,886.244
1.088,346
886,338
111.712.581
118,316,680
Philadelphia.
66.456,330
Pitubura
13,e'.!2,346
Baltimore
13,588,;82
8.269.198
1.446.494
1,356.162
74d.898
-2-8
-18-2
+6-0
"8-4
-20-6
-7-6
817,087
68.223.404
15.520,983
12.935.818
7,6J5.878
1.817.888
1.165.414
738.363
966,239
106,332,611
109,282.778
Chicago
89,882,16-
('Inctnnatl
13.200.800
87.196,982
12,485,200
Milwaukee
7,568,9-^0
8.9S8..H23
Detroit
6,661,509
4,920,158
8.165.400
2.268,672
1,699,398
817,782
6.638,223
6,426,413
4,228,900
2,166,880
1,000,762
706,661
129,983,804
19,367,197
2.249.817
1.448,480
749,421
tfutra.)
(Cotton
balu.)
buMhtU.)
lOrain
(Pttnlmm
»6ls.)
Boaton
ProTldenca
Hartford
.New
Haran
.SprlmtSald
Worcester
Portland
Lowell
.New Badford
ToUl Maw England.
—
Washington..
Uochester
Wilmington...
r^rracnse
Ten Montht.
1891.
NewTork
P.Ct.
1890.
1891.
*
S,28S.109,6J7 3,586,533,484
Total Middle.
1890.
*
27,542,016,057 38,241,348,714
Cleveland
Boston
216,21(6,800
+5-.',
88.08;*,02.')
+0-'l
68,052.1)71
Worcester....
528,662,932
651,714,237
-4-5 4,510,936,210 4,880,286,039
2,7^3,601,482
581.347.8J6
8,095,287.61.^
600,77.1,279
832,-242,301
36,168,1)81
8,2ii8.810
320,278.946
72.885,527
35,134,857
37,277,018
285,064.156 + 12-1
662.811.876 -14-9
70.781.521)
35,463.1511
486,436,767
533,872,646
-89
4,351,300,761
4,816,04.5,565
hleago
431,.'.21.165
405.879.992 +3-9
59,381,150 +2-2
49,873.860 -16-2
29,293,400 +4-8
26,385,557 -7-8
16,055,000 -7-6
10,242,736 -16-6
3,630.973,749
647.711,250
256,814,619
260.386.687
218,707,464
129,591.600
81,104,491
73,800,566
36.946.349
3,369,683,777
6,234,868,684
4,967,464,940
JUwankee....
Aairolt
Mveland
olDmbus
34,261.7<)7
30.632,199!
24,370,3751
14,B34,300'
MHanapoilB...
•oria
8.615,«37
rand Kaplds.
4.1UU,406
ToUM.West.
607,461,396
B.lltf.tU'
-6-8
8,664,.J85
3,473,1136
+29-3
600,039,816
-(-1'2
-50
+3-0
-0-9
33.794,722 +10-3
Total Middle
80,868.600
-71
Indianapolis
Peoria
Qrand Rapids
Total Middle Western.
San Francisco.
Portland
Salt Lake City.,
Seattle
Tacoma
-120 Los Angelea
339,T63,781
74,783,668
6«,887.82r
3,816,609
4,173,072
Inclnoatl
+8'4
54.78U,240 -4-8
49.398,521 +29
60,607,085 +20
81,438,07a +e-6
17,347,821 +13-4
Portland
Loweil
Raw Bedford
ToUlN.lCnii
Colnmbns
4,298,3o5,754
ProTldence...
Hartford
New Uaveo..
BprlnKHeld ...
-3-a
Kansas Citj
MlnneapoUa
St.
Paul
Omaha
WIchlU
218,652,81)7
Lincoln
127.159.400
87,299,483
88,831,759
31,941,121
Topeka
Total Other
Weatem.
Lonia
iNew Orleans
83,148,979
11,246,000
4,068,139
6,0^,000
lAa Angeles.
Total Pacldc
3,778,837
107,282,955
5,444,628 -26-3
8-6
5,379,616
3,213.121 +18-5
738,995,164
81,881,976
41,493,096
40,282,041
31.615,928
702,153,570
75,462,613
46,88 l.mO
36,697,557
28,047,868
-0-9
933,948,193
887,035,450
108,207,143
Soaas
+31
Citr...
Baha
.'.'
KiTer..
-Jlntb
Joseph ..
Bloax Cit; ..
Das Moinaa.
Wlohlta
Bt.
Llneoln
Topeka
TOtOth'rW.
IlkLonls
Inw Orleans..
'
tonlSTllle
Msmphls.
^Uchmoni
...
'•alvesloa
Nashrllle
Dallas
Kort Worth...
Norfolk
Chattanooga..
BlrmlfiKham.
Lexlntfton
374,958.810'
281.852,119,
3,09.1,,0691+40-4
84,918,472,
39.803.021
33,808,324!
3,298,,848-26-8
3,159,.164-21-7
2,108,,831 -9-9
21.886.049
22,149,919
16,409,628
413,704,437
238,873.513
183,765.411
211.825.8 7
215.8t»,758
86,720,108
61,090,867
38.535,231
27,287,663
38,008,163
24,606,286
16,121,031
+0-8 1,492,829,025
1,689,992,305
45,334 ,589
40,100;1,396 ^91
+14-1
21,653,
-lS-3
24.446,
-2-3
21.638.
-21-7
10.835,
8,931.16361 +;-8
4,803.,2591 -7-9
nneapolls..
UPaul....
187.590,037
187,098,128
104,433,739
46,u79,4U7
29,481,918
14,888,813
16,760,000
28,216,621
8,61 -,407
8,760,000
2,414.868
6,819.983
1,800.000
2,447.671
1.998.989
97,714.841
50.454.149
33.526,734
12,0j3,640
1. ,154,067
20,014,633
1(>,966,0U
6,646,833
4,610,126
7,178,889
+4-7
-8-7
-12+83-5
-t6-9
+81-0
-20-8
-82-4
-46-6
-18-9
2,7-^0,000 -83-8
8,110,973 —21-8
1,878,968 +1-0
281,925,831
18i).0.i9.02l)
174.82' 1,349
191,189,0701
81,801,833
931,651,390
404,426,918
299,349,220
97. i 96.678
88,617,086
126,423,066
88068.274
88,460,812
«,878,840
48410,086
19.872,000
25,927,492
18,680,910
-1-2 2,220,687,771
[,«xlnston
Savannah*
AtlanU*
Total Sonthara.
Total
88,889^4
-8-t
-H8T4
128.688,364
+1-0
138,632,681
+4-S
20,606,1.50
--6-8
2,312,320
1,744,480
1,183,688
1,217,407
888,400
-2-7
-17-7
-36-8
—20-3
18.201,886
2.473.732
1.390.921
-M-8
+11-8
-16-0
-20-8
+100
878.170
788,400
-18^
26,785,024
27,862,365
-7-6
22.861.886
~+vi
10,313.166
8.247.600
6,221.444
4,763.303
+1-*
10.286.838
8.466J;2S
6.762.338
4.337.207
4.787,572
1.682.816
619,560
386.407
10,171,280
8,811.647
6,119.318
6.854.614
4.111.679
2.471,524
1,687,126
1,078,783
628,733
696.803
828.887
410.438
40,61 1.485
"
+X2
12,801,050
7,369.007
6,486,041
-1-8
8,1-29.000
-l-«
-t»
-0*
+1&-8
+ii-4
-30-8
-0-»
+39-0
-23-8
—17-6
-U-1
1,091.718
1,183,811
624,648
681.848
483.810
+11-*
-••4
+ios-«
-26-8
-7T>
-7-8
41.408.788
-ri
41,700,744
~+"?7
21.169,019
12,488,712
7,328,062
3.960.646
2.366.067
1.951.631
+8-8
-14-9
-18-6
+18-8
+18-0
23,30S,«78
11,18<.418
5.777.116
6.038.881
8.817.447
+••1
-8-8
-18-8
+21-0
+102
-18^
2JW0.000
+11-0
-41-8
-tnra
8313.840
+101>
-18-8
+81-1
2.-208.358
l,ii73,9»7
-110
8.407.582
1.462.082
1.024.602
1.682.846
—ia-8
638.000
678.8S8
461,600
-31-S
-ore
-8-0
rW-7
1318082
-4a*
-88^
900,000
840. <7»
1.338.810
408.000
880.586
-18-1
-11-4
-81-1
8«a.«4.^
+17*
«,M)8,428
eo.64o.su
803*13M
1-4
1.169,407,487 1.2«7.S3a.017
-8-8 l.l7J.»4l3ie
486.198.160
484.788.149
478,324,:
—4-1
+1-8
-6-7
839.84(1
1-7-0
+7-B
8338,475
1,950,76a
1.880,441
+2-1
-18-6
+6-2
-28-1
+0-8
-u-»
Mot Ineladad la totala.
of Bales, &c., for ten
OUT compilation
Our
CO
+0-*
-=fk
*
-4-3
926,258.,082 +0-6
401,134.,818 +0-8
837,068,,867
tl-7
8e,U2,,500
94,375,,.S51 +5-1
81.430.,1901+64-0
86,638,,627| -rt-7
484)20,.408-23-1)
41,600,,618-34 -3
86.288,,677 +11)-27,802,,aoo-28.'>
33,409.,720!-224
18,602,
-U2
—
nn
n«
Mantht. 1881.
D—ertpUtt. Par Value
Aetuoi
or Quantity
KoilM.
months
\
»r
I
foUowa
ttoHtU, IH*.
Avtr'ml Par Valmt
Prie*.
i$
Actiaal
Valw.
<taaMUy
-10
5,809,390,833
46,286,836,681 50i677r893,828! -8-6
2,242.867,899
18.768,620,824 19.333.346.209
-30
''wcr
68.805,128
Stock j9>».'»
IVal. •868a0188l6 {8138027833
RR, S»i.e84.8ao 1819.608.00o! 74-8
-
bonds
11.331.800
1.840.180, 116-8
State bonda.
8^688.800
•1.681,006:
(iov*t
Bankstoeka
iMW386
*^7^78n
'
81^1)8,1001
U8-3
iM8;.448'
M^
«in.8MI.4l5
i3.og5.M8 I8O3
ir.808.101
I
I
1
Total valael
UM
|
$8«»4.88e.l40'|l.a«4«N4a»
(6SW8a8800 13,364038181 87-7
Total
110.T16.000 »nT,OST,
88.808.0001 28.829.080 881-lOei
Patl'm.bhls
114-04
I8.14t,«00
21.803,800
Cotton, bis.
1.014.«ea.6tl
Uraln.buab. 1810.881.080, U38iieeoi7a|,970.
. .
2,242.540.9a0|
+47-0
_-l-6
ltl,a783<t
1,074,6M
m
OuUlda New York
472,602
-6-8
-8-1
+11
+-15-7
87.88«.780
all
1.248.734
1.224.185
l,«0a,384
-51
-18-3
-1-4
+10-$
+8-1
602.498
1.364.818
187,060
672.988
424.861
3.039.678
1.684.786
Chattanooga
Illrmingbam
1.308.5-28
-6-4
860.00
,
l,88e.7«6
1.302.881
l>6J>80.087
Galveston
.Norfolk
7483.100
-4-8
+7-8
-2-6
—12-5
+2-9
+6-7
-16-6
+18-2
-8-8
-26-4
+6-1
-10-8
4.721,801
1,708,067
2,150.000
1,783.03»
8,782,114
Dallas
Kort Worth
+M-8
-in
«a90,003
Memphis
+6-3
86,631.881
834.417
811.201
21388,938
Kichiuond
(8S4.U0O)
-7-«
Ul.582.783
10,610.136
Houston
(-«0-4)
-8-7
Louisville
.Nashville
(1.110.798)
(Sat.lUOl
(SaM7.400)
+11-8
1,769.912
l,700.C0O
957,978
874.139
631.344
nes Motnea
80t.671M7
-18-0
-1-7
Daluth
Joseph
284,806.289
248,958,754
U
''Omt.
1.410.486
4,327."
Slonxaty
Uil
1.6es.3l>9
Denver
St.
aa followt:
truk Und-tOtt.
-UA
978,-.J00
Total Padflc.
630,2U,460
+6-4
ia
1,37«.
18.821.880
18. 117.603
8.924.083
903.909
St.
84,286,080 —1-4
9,864,710 +14-1
81
8S7,(«3,38e
(Stocks
Buffalo
$I,a04,73».67.'i
week ending October
Watk BnMnt Oclotsr 81.
uei.
1880.
P.Cmt
PtrOmt.
1890.
1891.
V*m York
for the
for the
EndinQ Hownbtrr 7,
irMfc
IClkauhos.
fi«tum« by
The exhibit
NO.
1891.
7.
"l|0,814«7783Sl
~|
!>a,a8li>««lt'
Ol-l
THE CHRONICLE
650
An
LVoL. LUI.
event of a different character has been the failure
Maverick National Bank, which closed
in Boston of the
THE FINANCIAL SITUATION.
its doors on Monday morning.
This institution did a
very large and wide collection business, and, consemany
occurrences
for
conspicuous
The
confidence, quently, its failure locked up considerable sums of
of wLich bave not tended to the growth of
money belonging to other banks. The disaster also led
but some of them are certainly of a very encouraging
to
the recall by the Examiner, of the buhiuces with
to
place
high
Among the latter we give a
past
week
is
character.
have banks and correspondents of the Maverick here. Furthe teaching which the elections leave. Politicians
thermore, there was a feeling of caution produced by
demand;
public
was
a
coinage
been preaching that silver
the failure among Boston banks, which induced a
of
sure
was
favor
in
its
declared
which
that any party
against
it was drawing in of funds hold in New York to strengthen
declared
that
party
the
while
success,
The elections have proved all of these the position at home. This disquietude was to some
sure of defeat.
In the important State of Ohio, extent aggravated by the run en the Five-Cent Savings
•etatements untrue.
where the issue of free coinage was distinctly raised, Bank of Boston and by the failure on Monday of the
the vote shows most emphatically that the proposition First National Bank of Damariscotta, Maine. Altowas not popular. Indeed, the defeated party admitted gether, the actual movements of currency from this
frequently during the canvass that the position announced centre, resulting from the causes mentioned, and the
on that question weakened their cause. It is strange fear which was induced by the lack of knowledge as to
that any one living there should have counted on a difTiie fact is, Ohio has always been found
ferent result.
standing on the side of sound money whenever the question has been so presented as to afford the opportunity
The crudest currency noior an unqualified verdict.
tions afloat have always secured conspicuous advocates
there, but again and again they have brought defeat to
the party advocating them.
In a diiiercnt way, though
if possible more unequivTuesday where it stands.
In New York the party which has succeeded took adTanced ground against free silver and against its subWas that position unstitute which is almost worse.
popular ? Does forty-six thousand majority have that
ocally, the
look
?
East showed
last
Massachusetts, too,
is
another conspicuous
lustration of the 'condition of public
il-
opinion on that
most important of all issues. The truth is that a party
advocating free silver coinage or anything like it could
not carry a single Northern State east of the Mississippi
River, and yet its advocates have been so noisy in the
past that many have mistaken noise for multitude. We
are very glad to see that President Simmons is determined to disprove this false assumption by pushing the
Chamber
of
Commerce
into
aggressive action.
It
is
high time that opposition to false currency ideas, which
are to-day doing so much to cripple enterprise, had
some public body at this center about which it could
gather and tlirough which it could act.
Another indication of the drift of public opinion
equally satisfactory though in a very different field,
was the meeting of the Trunk line Presidents on
Thursday and
the proportions the disaster might assume, led to quite
money market. The Maverick
which promises to be a disastrous one to stockholders, and to some extent even to depositors, has
been a depressing event all through the week.
There was no disturbance in our money market until
Wednesday. Then the calling in of loans for the purpose of meeting the demand for remittance to Boston
and the uncertainty as to the proportions which the
trouble might assume (for it was on Wcdneslay that
the run on the Five Cent Sitvings Bank began) made
money so active that the rate was put up to 15 per
cent before the close of the day the rate fell to 6 per
cent.
On the following day 10 per cent was paid early
in the forenoon, but in the afternoon the supjdy grew
abundant and 4 per cent was recorded at tiie close.
The extremes }'estcrday were 10 and 5 per cent, the
For the week the lowest
closing rate being 7 per cent.
figure was 3 per cent on Monday and the average for the
week was about 5^ per cent. Renewals were made at 5
per cent until Thursday, when C per cent was
demanded, while the banks and trust companies
quoted 5 per cent as a minimum, some obtaining 6 per
cent.
For time money there were free offerings, but
very little was done because borrowers were unwilling
to pay the higher rate demanded by lenders, who after
Monday advanced their figures to 5 per cent for thirty
to sixty days and 6 per cent for all dates from three to
six months
on good Stock Exchange collateral
commercial
there
an improved
In
paper
was
the
City
until
Thursday,
nearly all
business
banks and other institutions, and some banks at
a sharp spasm in our
failure,
;
its harmonious conclusions.
Differences
with regard to both east-bound and west-bound freight interior points other than the East, being in the market;
rates were adjusted, though the former was an old issue on the above-named day the New York banks declined
steadily growing worse for months.
The question with to buy, preferring to wait until the flurry in Boston
reference to the use of "tourist cars," which has been a was at an end.
The supply of first-class names condisturbing condition in passenger business, was also tinues small, and merchants are not large borrowers.
put in the way of settlement. All this is encouraging Quotations are 6 to
5^ per cent for sixty to ninety day
for it gives assurance of the prevailing spirit, as
it°also endorsed bills receivable; 5^ to 6 for four mouths commeets the prevailing need. Railroad earnings, as we mission house names, and 6 to
6^ for good single names
indicate in our remarks below, continue to show
satis- having from four to six months to run.
factory results, and as the movement of the crops
must
In London some uneasiness has been felt regarding
be free all through the winter, the only need is
The bourse
stable the condition of financial affairs" in Paris.
rates to ensure enlarged dividends.
But without an settlement however passed off quietly on Thursday andi
assurance of added dividends there is nothing
gained the situation it is hoped may improve later on. Thei
]
;
'
'
,
|
j
this year
in
looking for higher prices of stocks. In revolutionary
outbreak in Brazil, which is said to be
former eras of Stock Exchange activity gross
earnings instigated as a part of a movement for restoring the
could advance quotations. This year net
earnings have monarchy, has also had a disturbing effect.
In Chili the
become the only tost of values. To secure
that end news reporting the election of Admiral Jorge Montt to
under the present low state of rates there
can be no the f)resiiiency of the republic is a stttisifactory solution of
room for disHgreements.
the political situation in that country and givi-s promise
I
NOTBMBKR
THE CHRONICLK
7, 1891.]
and
trade
Hy
finances.
651
At thi« date in 1«93, notwithstanding the stringency in money and otlier untoward
At Paris the open occurrences, tlio Hccounts with regard to the condition
reported in London 34@3i per cent.
market rate is 3 per cent at Berlin it is 3^ and at of trade were generally (jnito goo<l, though it waa aa
of
an improved condition of
cable, discounts of
its
bank
sixty to ninety-day
reflect thoir presence.
bills are
;
The Bank of England lost
Frankfort 3f per cent.
£355,000 bullion during the week. This, as wo are
advised by special cable to us, was duo to an import of
£31,000 from Portugal, to the export of £222,000
wholly to the Argentine Republic, and to the shipment
The
of £164,000 to the interior of Great Britain.
Bank of Franco gained £130,000 gold during the
week, and the
Bank
of
Germany, since the
last report,
shows an increase of about £113,000 of this metal.
Foreign exchange was quiet and without special feaure until Wednesday, when it grew firmer, notwithstanding large purchases of stocks by the arbitrage
houses for European account and dearer money iit the
Stock Exchange. On the following day there was an
easier tone, the market then feeling the effect of
arbitrage bills and active money, but had it not been
for the latter the tone would probably have been firm
because of the scarcity of commercial spot bills.
Bankers have 'been calculating upon a supply of grain
drafts to be delivered late in October and early this
month, but they have not come forward, and hence the
market
almost bare of this class of
is
clear as any event of the future could be that a perio<l
of depression was impending, just as has since hap-
So now wo may suppose it is only a question of
time when the new and improved conditions will make
their influence felt and change the situation.
We have this week compiled our statement of bank
pened.
month of October, and it furnishes
confirmatory evidence of the inactivity of trade which,
as said, is the prevailing feature of the industrial sitnation at the moment.
In September, the large stock
clearings for the
sales
on our Stock Exchange served
of clearings, and consequently
first time in any month this year.
In
October the Stock Exchange relapsed into dulness, and
hence clearings again show a decrease. The falling off,
however, is not as pronounced as in some of the earlier
over 1890 for the
months, amounting to 61 per cent for the cities as a
whole and to only 3*1 per cent for the cities outside of
New York The following is our usual statement,
giving the results for each month back to the first of
the year.
MONTBLT CLEARIKOa.
Rates con-
bills.
tinued unchanged through the week till yesterday.
Brown Brothers quoting 4-81 for long and 4-84^ for
OUanno$, Tatat
OUaHngi OattUU Ifnt roHk
All.
JfanUl.
1891.
short and the other drawers reporting 4-81^ for sixty
days and 4'85 for sight; yesterday however the Bank Stnnaij...
of Montreal also dropped its demand rate to 4 84^ and February
March
the market closed heavy under liberal offerings of
1st qoar.
Rates for actual busi- April
bankers' and commercial bills.
ness were 4-80it to 4-80^ for long; 4-83^ to 4-83f for Maj
1890.
1.982,344.370
1.981.0tK.g3«
-IVi
1,644,931.332
1.628,251,112
4.211,421.507 4,040,485,100 —9-2
l,766.31IJie5
1317,561.516
3,919.471,428
4,449,730,658
13,100,236.e;i U.846,a«l,U0
-8-7 6,302,593,687 S,426,8«e,5«l
+0-1
+1-0
-0«
-o-o 1389.518,330 1.904.531.973 -0«
4,;8a,s6o.ei2 5,88»,78«,427 -18-6 1382322.090 2,090.1!53.6a6 -10-*
4.358,910,217 6,092,636,768 -14-4 1318.102,596 1,084.025.081
4,785,30(1.124
Jane
4-84 to 4-84^ for cable transfers ; 4-79^ to 4-79^
for prime and 4-78f to 4*79 for documentary commer;
P.Ot.
1890.
-\~\—r~\—
-80
4,93».:U3,T36| 6,285,«4«,S4«,
.
short
volume
to swell the
there was an increase
4.828,116,139
Sdqnar..
13,933.571,953 16306,639,322 -11-8
5,685,448,015
5,034313,710
e month!.
27,033,806,621 30,151,200,432 -10-S 10,978,036,708
U3<1.«73.»S
-S-O
4.871.385.688 4.827.282,487 -9-4 1393,269,741 1.904.U5.04S -»I
cial bills.
The gold arrivals for the week have been Joly
4.168,848.818 4,794.466,3731—13-3 l,755,350.7« 1334.a29.0tS -4-f
on Saturday, Oct. 31, by the La Touraine $258,000 to AuxuBt
September.) 6,275,486.189 4,992.353,798 +61 1,962,064.960 i.9ao3«o.4ea
Lazard Freres; on Nov. 1, by the Aurania, 1250,000 to
6.601.585,488 5,T28314.SC7
8d qnar... 13,806,719,996 14.614,102,658
Kessler & Co.; on Nov. 3 by the Eider, $80,000 to
9 months'40,839,5^,e20 44,765,303,090 -8-8 16.679,«22490 i7,oaa.4873i«
Muller, Schall & Co., and $3,900 to Heidelbach, Ootober....' 6,466,008,061 6309390333 -e-i 2.173386.484 2.242357 jwl
Ickelheimer & Co.; on Nov. 4 by the City of Paris,
It is worth noting that when a comparison is made
$500,000 to Lazard Freres, $500,000 to Brown Bros., of the clearings at the more prominent cities, Chicago
$130,000 to Muller, Schall & Co., and $250,000 to and St. Louis both show enlarged totals in fact the
Kessler & Co., making a total import during the week heaviest totals ever reached in the month of October.
—
On the other hand New York, Boston, Philadelphia,
with prices un. &c., show lower totals not only than in the year precedsatisfactory as a rule, and were it not that the leading ing, but also lower than in many other recent years.
conditions which must control the future of business
The following brings out these facts.
such as the large crops, the heavy exports and the reBAMK CUAHIK08 FOB OCTOBEB AT LEADRIO CniBS.
turn fiow of gold all point to early improvement, the
1890. 1889. 1888. 1887. 1886. 1883. 1834.
of $1,970,900.
Trade remains
in a lifeless condition,
—
000,0001
would appear rather discouraging and
situation
tive of further depression.
the
9
9
9
9
in
New York...
3,282
3,667
3,618
3,194
It is too soon yet to feel
Bo8t«n
PhUadelphla
Asstited ou a pre-
Baltimore...
Clilcago
453
340
69
330
472
308
62
32J
Oii
«3
&i
82
it is,
of the iie* co^iditiona.
effiM'ts
Tious occision,
theorn
imporiant section
crop
—the
—has not yet
the evidence
is
surplus crop of an
bfgon
to move.
Bt.
San Pnui'oo.
—
usm-r
and pav
the
money
to
off their debts, instt
take
up
their
ad of spending
Total
Other cities..
end the
effect
must be very
it.
beneficiaL
TotHlall...
Battiiat
Outside N.Y.
probaliiliiuM of tiie
from the
272
54
254
42
88
273
57
268
75
43
71
6,030 4.5 r2
9
3,190 8.371
342
237
53
23*
289
908
70
«
S2
56
9S
M
W
M
M
4.1.'kit
4.a67
4,3 1»
9,n9
SSt
S34
28a
«43
3,456 5,80!* 5.5<I9 6,050 4.J46 4,701
2.1-4 2,243 I,9,>1 1.856 1,566 lAi3
4.41) r
MS8
l.3>.7
1.IBT
67
406
100
50
84
4,702 »,09S
894
711
639
478
.
SOS
,
flf
in dedlings
l.ss
ibaa 6f
million shares of stoclc were sold in October, agiinst
over 11 million shanrs in the month prec dii.g. The
a-nouut was alsi somewhat less tliau in Ooioixf last
trdubtcliv^nd then aggregating 7,IW,7S1
This follows | year, the
1
immediate future.
do noiiUus tarly nbum.
fact that the crop conditions
484
340
9
•
We have referred above t> the foiling
on the Stock Excliange. It appvais tlMi
Itisio
be nmembeied. too, that the trade situution at this
time of he year rarely furnishes a correct guide to thiI
455
306
CI
422
101
4U
83
9
2,980 3,248
381
388
mortgiiges
is a hopeful and an encuraging sign, nther than the
reverse, for it indicates tiiat an important section of tincoramai.iv are putting their affairs in good shnpe; and
in the
Louis
Urleona
Now
Far-
mers are getting god returns for their wheat, but
they are pur-uing a conservative course that is, they
are
1891.
mnitted.
As
favor of an early recovery.
indica-
THE CHRONICLE.
H52
The further
acter.
KBW TOBK STOCK BXOHANOB.
liLBS or BTOOKg AT THB
month
1891.
of
Sham.
of Shares,
ActuaL
Par.
6,618,789
540.138.550
|P»b....
8,276.894
818,304,686
848,087,346
Itereh.
8^8,978
litqr 18,541,6«1|1.20«,6SO,S20
April...
7,183.818
1I»T....
8,288.332
3,978,614
Jsna..
899,30«,»30
616,644,000
390.688,685
1
ActuaL
Par.
$
6,199,190
316,979,801
311,174,518
4,497,663
383,141,125
234,407,948
639,450,782 16,049,882 1,401,752,925
861,581,663
468,465,200
5,082,477
372,333,38« 11,052,779 1,051,139,066
233,397,187 6,440,123 518,713,025
304,199.207
288,489,883
176,883.847
196.297.063
6,353,019
«2.98S,610
1128,978,858
822,129,909
i.02H.ru.o«ti 21,676,379 2.036,307,290 1,256,307,974
Sdqr. 17,460,664 1,706,539.4*5
37,625,241 3.438,080,215 2,118,889,637
• moi.. 29.992.226 »,91S,0«9,968 1,668,164,846
JnlT...
8,164.417
Anciut
5.845,383
1
»09,«e2,100
674,306,260
Bapt.... 11.176,232 1,079,688,850
180,696,163
3,004,918
824,048,668
692,864,462
4,141,605
276,741,235
392,072,815
6,141,641
488,382,390
176,583,444
250,580,605
311,310,476
of
net earnings for the
come
very
rule
also
as
a
Louisville
&
Nashville
gain in
ports $157,377
t
648.418,800
472,192,000
t
J»n....
are
returns
of September that have
Valua.
Nwnber
Vaiu4t.
ManOi.
1890.
1
LUL
[Vol.
week
this
The
month
that
for
gross
in
satisfactory.
and $70,144
re-
in
net.
& Ohio has $88,888 gain in
the Wabash $163,510 in
and $31,053 in net
gross, $13,163 in net ; the Northern Pacific $310,666
in gross and $103,544 in net, offset by a loss of $15,781
in gross and $31,601 in net on the Wisconsin Central.
The Cleveland Cincinnati Chicago & St. Louis has
increased its gross 146,619, and its net $33,718.
The
Mexican Central has added $133,345 to its gross, and
The Chesapeake
gross
;
The
$6,635 to the net.
&
Buffalo Rochester
Pittsburg
j
Mar.
Smos..
738,474,524
20,176.082 il,9«3,687,200 1,097,299,283 12,288,084 1.157,195,940]
2,855,344,181
50,168,257 4.878,767,166 2,786,464,128 49,913,305 4,596,266a65
6,786,872
Oct
652,261,460
87»,663,805
7,166,781
421,614,882
681,879,82ol
against $63,537
has net of $86,653
Savannah
the
;
& Montgomery $33,483 against $30,637
& Ohio Central $50,871 against $48,173
Americus
;
the
Toledo
;
the
value of the share sales in October this year was
only 373^ million dollars, against 435^ million dollars in
October last year. The loss is 53 million dollars, and on
Flint
million dollars falling off in total clearings, thus improv-
against $189,347.
& Pere Marquette $92,095 against $86,987; the
Ohio & Mississippi $143,913 against $135,857; the Milwaukee & Northern $76,053 against $67,660; the
transaction
each
2^^
checks
to
of
average
an
York Ontario & Western $78,991 against $65,398;
of
New
the basis
of
130
in
clearings
off
falling
a
represent
Louisville
New Albany & Chicago $93,031 against
would
the
this
and the Philadelphia & Erie $167,830
million dollars and account for that much of the 353 $99,773;
The
The stock market this week has been depressed and
The announcement that the Pennsylvania Railroad lower. The failure of the Maverick National Bank of
had declared a dividend of 3 per cent, making 6 pcj. Boston and the fear that other institutions might be
ing the comparison.
cent for the year, is an event of considerable importance
and of decided encouragement. The Pennsylvania is
not only very efficiently managed, but the Board has
always followed a very conservative course. Hence the
fact of an increase in the rate of distribution (in November last year only 2^ par cent was paid) is to be
accepted
as
evidence
and
of
income
are
satisfattory.
pany's
figures
the
outlook
We
of
both
that
the
gave
earnings
last
for
present
the
for
state
future
week the comthe
first
nine
affected
by that disaster have been the dominant influ-
ence and have been used by operators for a decline to
market.
The efforts
unsettle and demoralize the
met with marked
absent,
success,
thus leaving very
as the
outside public
support
little
to
is
prices
There was considerable selling from Boston of properties in which that centre is interested, like Atchison
and New York & New England, but the coal shares,
the Villard stocks, the Gould stocks and others were all
Late in the week the stocks of
freely offered for sale.
roads in Texas and the Southwest were raided on unconfirmed reports that the Texas Railroad Commission
contemplated further radical action in the matter of
months of the year, from which it appeared that
on the Eastern system net for 1891 had been 1629,943
better than in 1890, and on the Western system $379,516 better, making a total improvement of 1909,458. reducing rates. The favorable influences affecting the
Thii fact alone would have warranted an increase in general situation are entirely lost sight of for the mothe rate of distribution,
but in addition
it
is
to
be
Even the
ment.
increase in the Pennsylvania dividend
remembered that the company the present year, unlike and St. Paul's very heavy gain in earnings have had no
last year and the year before, does not have any contrieffect in arresting the downward tendency of prices.
make out of earnings to repair the damage Among the miscellaneous stocks American Cotton Oil
by the great fioods in 1889, thus furnishing and Chicago Gas have been exceptions to the rule and
another reason for a more liberal distribution. It is to
have been strong.
b6 noted that the dividend rate was increased both last
The following gives the week's movements of money
year and this.
In 1889, as in 1888, the total payment
to and from the interior by the New York banks.
was 5 per cent, in 1890 the payment was 5^ per cent
bution to
done
(3 per cent in
1891
May and 3^
in November), and
now
for
be 6 per cent. Stockholders have not had
io large a return in any year since 1884.
it is to
Returns of earnings for the various roads in different
parts of the country, continue in the highest degree encouraging.
On another page in our usual department
Week Endint Nov.
8,
Received by
1891.
Ourrency..
aoid
The Chicago Milwaukee & St. Paul has an extraordinarily large gain— $570,886, or nearly 20
per cent—
and
the
New York Central has a gain of
$538,509, or
nearly
trating
generally
result! it
the
15
per
cent;
favorable
but
character
as
of
Total gold and legal tenders
Week tlniing Nov.
...
6,
only necessary to say that for the fourth
week the totals in our tables indicate 10-67 per cent
imis
provement and for the month 10-30 per cent. Later
and
fuller returns will of course modify the
showing somewhat, but not to an extent to change its
general char-
$3,311,000 Lo88.$l,31»,000
3,800,000 Loss. 2,300,000
$2,492,000
$6,111,000 Lo89.$K,ei9.000
Into
Banks.
1891.
BMffes* interior moTOinent, as aboye
Snb-Trea». oper. ami gold imports..
$2,492,000
14,500,000
Out of
Net Change In
Banks.
Bank Holdings.
$6,111,000 L03».$3,819,000
13,500,000 aain. 1,000,000
$16,992,000 $19,611,000 L08B.$2,619,000
Total gold and legal tenders
Bullion holdings of European banks.
Sank
Nov.
5,
Nov.
1891.
6,
1890.
of
Total.
Ooid.
Silver.
£
£
£
'£
21.869,401
21,869,401
19,544,613
Oold.
illug-
the
Movement.
$1,892,000
600,000
Result with Sub-Treasury operations and gold imports.
we
present preliminary summaries of the gross earnings
both for the fourth week and the month of October.
Wet Interior
Shipped by
N.Y. Bank!. N. Y. Banks.
Snglanl.
franee
aermany.. ..
Aut.-Hnn'j.
Netherlandt..
Nat. B'lf lam
SUvtr.
52,663,000 50,014,000 102,680,0001 47,869,000 49,793.000
84,057,500 11,352,600 46,410,000 24,348,687 12,173.333
5,483,000 16,777,000 22,260,000
4.961,000 16,620,000
t.656,000 6,085,000
9,640,000
4,663,000 6,287,000
8,730,667 1,385,333
4,098,000
8,760,000 1.380.000
Total.
£
19,514,513
97,663,000
88,610,001)
81,581,000
9,930,000
4,140,000
Tot.thl> wetk 130,361,568 86,603,833 80-),955,401 104,144,181) 85,233,333 180,377,513
Tot. preT. w'k 1«0,635.288 86,56:i.3,l3 203,009.6211103.883.482 85.130.000 180.022.462
,
November
THE CHRONICLE.
7, 18SI.J
CHANGES IN GOVERNMENT DEBT AND
658
Another noteworthy fact
monthly Treasury reports
to be
gathorod from thoM
that the national bank
for the time being not only
CIRCULATION.
is
circulation afloat has
stopped contracting but is on the increase again.
The
disclose several interesting facts.
It seems that another lowest point which the volume afioat of this
currency
amall lot of the old refunding 4 per cent certificates reached was on Juno 30 1891, when the total ouUbindhas come in during the month and been converted ing was reported at $167,806,757. Since that date
into 4 per cent bonds.
Those refunding certificates there has been a not addition each month (being how-
Tlie Government's monthly reports
issued this week
were issued over twelve and a-half years ago under the ever very small in October, only $250,402), the total
That any of these certificates outstanding October 31 aggregating $172,007,721.
act of February 2G, 1879.
should be so long left in that form instead of being conTerted is u little singular, and yet one can easily imagine
circumstances under which such a course might be
adopted.
At all events we notice that there are still
outstanding $89,070, and as the issue is not currency
The foregoing
figures are of course the totals
afloat,
and hence include the amount in procesj of being
retired.
If we were seeking to determine the aggregate
currency incirculation, those are the totals weshouid have
to use.
But a bettor standard for judging of the vitality
but bonds, and only a little more than twelve years of the banking system and of this class of circulation
old, it is hardly presumable that any of them are lost. is to include only that portion afloat against which the
We must assume that they will all come to light in banks still have bonds on deposit with the United Statei
time.
The amount presented last month was $4,050, Treasurer. Hence, deducting the amount in process of
carrying accumulated interest of a little over $3,000, being retired we find the lowest point the bank circulabringing the new issue of 4 per cents up to $6,050, the tion has reached was on November 1 1890, when the
small balance of interest being paid in cash.
This total reported was only $124,958,736; the correspondincreased the Government ing total reported for October 31 1891 was $136,753,funded debt during the month just $3,000, the amount 837; which indicates that during the last twelve months
the banks have taken out by the deposit of bonds $11,of the accumulated interest.
transaction consequently
Other changes during October in the actual amount
of the Gov«rnment debt were caused (1) by the redemption of $3,915,400 of the 4^ per cents which matured
September 3 1891 (leaving only $4,601,500 of these 4i
per cents still outstanding) and (3) by the redemption
of $3,660 of matured debt of a previous date not given.
In one other item there was also a decrease ; that was
in
the
legal tender fund,
which fund,
as our readers
know, was by act of July 14 1890 turned over to
and the account thereby made a part of the Government debt. In October this fund decreased $1,109,467 50. Altogether therefore in October the actual
well
cash,
debt bearing no interest decreased $4,037,527 50, while
debt bearing interest increased $3,000, making a
•the
795,101 more of currency than they have retired by
withdrawing bonds.
Again Secretary Foster has decreased
By
ings.
further reducing disbursing
hit
money hold-
balances
&c. the loss to the Treasury, according to the debt
statement, has been only $5;316,049.
But the currency
officers'
items have been drawn upon to a larger extent than
that, as may be seen from the following comparative
figures.
1891
>
HoMitigi by Treamrtr in Sub-Treat, de.
Ottobtr 1.
Hottmber 1.
Net gold coin and bulUou
$132,523,222 «127,674,433
Net gUrer coin and biiUlon
3,652,829
4,382,244
V. B. Treasury notes, not July 1-t 1890....
7,045,909
a,251.78«
Trade doUar bullion
2,394.260
1,670,433
Legal tender notes
3,104,815
3,362,037
National bank notes.
5,695,080
5.738.795
Fractional sUrer
16.846,620
15,196,379
.
month of $4,035,537 50. Hence
Treasury cash, besides being required to meet
Total Qor't cash in sub-treasuries
$170,262,723 9160,276,080
21,137,977
20.378,104
ordinary disbursements, was drawn upon to the amount Amount In national banks
Total cash In banks and sub-treasuries. $191,400,705 $180,654,190
of this decrease ($4,035,537 50) in the matter of debt
xeduction.
The total net holdings in banks and sub-treasuries
With reference to the changes by payment and by ex- on November 1 were, according to the above, $180,tension of the <k^ per cent bonds which have of late been 654,190 and on October 1 $191,400,705, disclosing a
net decrease in the
the
an progress, it is of interest to note in passing that the loss during that month of $10,746,515. On September
«xtended 3 per cents (of which there are outstanding 1 the same items aggregated $207,099,771, indicating a
485,364,500) are almost all held by the national banks, decrease in the two months of $36,445,581, or only a
there being at the most but a trifling amount in other little more than the amount which has been disbursed
As
kands. For instance, these banks held of the 3 per cents since Sept. 1 in the redemption of the 4J per cents.
October 31 1891 on deposit to secure circulation $31,- the draft on the cash in the Treasury for debt pa3rments
648,100 and to secure public deposits $3,108,000, or a in October was, as set out previously, $4,027,527 50,
total of $23,756,100, leaving to be accounted for only the ordinary disbursements must have exceeded the
$1,608,400.
The same institutions probably had at the revenue only about 6J million dollars. But the Octosame date about 4^ millions in United States bonds (on ber revenue from all source^ was very low, being only
September 25 1891 ihoy reported $4,439,450) in adamount held for circulation and public
deposits
the 4^ millions being presumably the amount
required (under the national banking law) to secure
the charters and not in use for the'objects named above.
We have no means of knowing how much of this last
total of bonds is two per cents and how much is 4 per
cents or currency 68
but as we have seen above that
there are only $1,608,400 of the 2 per cents not accounted for among the bonds deposited with the Treasury
for circulation and for public deposits, it would not be
surprising if nearly all of this remnant was to be found
in the same hands.
dition to the
—
;
We do not,
$28,560,000, against $40,216,000 in 1890.
however, see that the immediate future affords any
amendment in this particular and if
would appear that disbursements of cash in ex-
clear promise of
not
it
;
cess of receipts cannot be
This latter fact
is
much
longer continued.
chiefly of interest to the public
It haa
to the money market.
been noticed that the Government during October
added to the available supply of currency in the channels of commerce through the Treasury loea of cash
It also added about 4J million*
10 million dollars.
becanso of
its
relation
Treasury notes to the circulation. By
imports of gold and by gold production our currency
silver bullion
THE CHRONICLK
654
was
also increased
amount
in the
of about 19 million
Altogether, therefore, there was afloat
dollars more.
from 34 million dollars
in the United States not far
than on Oct. 1.
more of gold and notes on Noyember 1
money of one
of
supply
an addition to our
uiL
rvoL.
According to the Census statement, the total co^^^
output of the United States in the calendar year 1889
(anthracite and bituminous) was no less than 141,229,513 tons.
Of this amount only 45,600,487 tons were
anthracite all from Pennsylvania except 3,000 tons
Surely here is
to increase confidence from
sort and another large enough
—
New England and
53,517 tons from Colorado and
other words, the production of bitumIn
if New Mexico.
business,
of
departments
and put activity into
anthracite and
are, too, inous coal is over twice that of
money were the only thing needed. There
tons.
At
the
amounts
million
previous
to
Census,
fair
the
95f
enough substantial facts in our crops and
covered
the
fiscal
when
the
statistics
year
ending
best
afford the
prices we are getting for them to
total
production
June
the
of
30
anthracite
the
1880,
that
then
Why is it
prosperity.
all
possible basis for
respond
general business of the country does not
CCAL DEVELOPMENT IN THE
?
UNITED
STATES.
How many persons have a proper conception of the
magnitude of the coal industry, of the importance of
of other
that industry as an aid to the development
which
freight
of
amount
immense
industries, and of the
rail
interests,
carrying
the
to
furnishes
coal all by itself
an
examinaon
itself
suggests
query
This
and water ?
tion of a lecent Census bulletin showing the producIt is not alone the
tion of coal in the United States.
large aggregate reached that invites attention, for that
merely tells part of the story; to get at the true significance of the results one must go outside of the
Census bulletin and consider and
and figures,
bring to mind
important
bearing
on the suban
have
only
which not
emphasize
and
illustrate
the
serve
to
which
but
ject,
magnitude of the totals with which we have to deal.
It is of course evident that coal is a prime element
Indeed, it
in our industrial growth and advancement.
is difficult to conceive how our manufacturing industries could be carried on without the aid of this essenNot alone that, but to our railroads
tial article of fuel.
interest generally an abundcarrying
the
also and to
of
pre-eminent
coal
is
importance in
of
supply
ant
making possible low transportation rates. If the leading trunk lines to the seaboard were not so advantagefacts contained in the
certain collateral facts
and bituminous was only 71,481,570 tons. Hence
the annual output has nearly doubled since then, the
year's production in 1889 having been about 70 million
tons greater than that for 1880.
Of this addition of
70 million tons to the annual output, all but 17 million
tons has been in bituminous coal, which shows how
wonderful has been the expansion in the latter. In
anthracite coal the increase has been from 28,049,812
tons to 45,600,487 tons, but in the soft coal the increase has been from 42,831,758 to 95,629,026 tons, the
ton used throughout being the net ton of 2,000 lbs.
It will give some idea of the magnitude of this coal
industry to say that it furnished employment during
1889 to an average number of nearly three hundred
thousand persons in one capacity or another (299,559),
that the amount paid in wages was in excess of one
hundred and nine million dollars ($109,130,928) and
that the capital invested, including only lands actually
development, was over 342| million dollars
In 1880 an average of only 170,867
persons was employed, and the amount paid in wages
was but $55,276,055. Of course Pennsylvania con-
under
($312,757,929).
tributes the bulk of the
whole production, but many
other States are rapidly coming to the
front.
The
Keystone State produced 45,544,970 tons of anthracite
and 36,174,089 tons of bituminous, or 81,719,059 tons
altogether.
As the aggregate amount mined
country, however, was 141,229,513 tons,
it
in
the
follows that
nearly 60 million tons of coal were produced outside of
Pennsylvania.
Among
these
outside
States
Ulinoiii
with an output of 12,104,272 tons. Thisi?
at cheap prices, who will assert that freight could be an increase for that State since 1880 of about 100 per
moved at the existing rates? It is therefore no cent, the production in that year having been only
exaggeration to say that coal lies at the very foundation 6,115,377 tons.
Next after Illinois comes Ohio, with a
of our industrial strength and development.
Fortu- product of 9,976,787 tons, this comparing with 6,008,595
nately the United States is blessed with the possession tons in 1880.
of very extensive coal areas, which are easily worked, and
West Virginia follows Ohio, and its ratio of inously situated in respect to their ability to obtain coal
ranks
which contain practically inexhaustible stores of the
These coal areas are well distributed too, and
are to be found in nearly all sections of the country.
The Census bulletin before us states that in 1889 (the
year covered by the Census investigation) coal was
mined in no less than 30 States and Territories.
crease
first,
is very striking ; for 1889 the output was 6,231,880 tons, against 1,829,844 tons in 1880. Still more
noteworthy is the progress made in Alabama, where the
product in 1889 was 3,572,983 tons against no more
than 323,972 tons in 1880. In Tennessee the output
was 1,925,689 tjns against 495,131 tons in Maryland
By far the >:r.>att-8t portions of the coal areas are 2,939,715 tons against 2,228,917 tons; in Easerii Kenatouolied, aiid yet our apnnal product is of exceed- tucky 1,108.770 tons against 365,797 tons and in Westingly large dimensions.
In this pai t of the country we ern Keutacky 1,290,985 against 580,491 tons ; in Vir-
fuel.
:
are clmflv familiar with anthracite or haid coal, that ginia 865,786 against 45,896 tons
and iu Georgia
iMiug the kind employed for domestic and family uses 225,934 against 154,644 tons. Special intjr.-st attaches
wd also very extensively for manufacturing purposes. to the figures for the Southern States, since these States
HeB(« we are apt to overlook the fact that, after all, the during the last few years have become quite primiiient.
production of aiiihracite forms only a part of the
total As for the other sections of the country, Io.va proproduction of the United States. The truth is>,
the duced 4,095,358 tons against 1,461,116 tons; Indianthracite coal areas are very limited—at present
Missouri
only ana 2,845,057 tons against 1,454,327 tons
;
;
ineignificKnt
amounts
are
mined
any Sta-e but Penn 2,557,82 5 agiiost 844,304 tons; Nabr.^ski aud Kansas
^Ivaniu— and are entirely out of ihe reach of most
against 771,642 tons; Colorado 2.544,144
sec- 2,222,443
lioiiB of the
country.
in
It is the bituniiiioui>, or soft,
co;il
nearly everywhere, and it is ihis
kiiid of
•oal theufoie tLat in mined in largest
quantities.
Uiat
is
foui.d
],388,947
tons; Wyoming
462,747
5^9,595 tons; Washington 1,030,578 ngiiiust
Indian Territory 762,833
145,015 tons, and the
tuns
against
agi4in>i
NOBBMBCn
tigaiiist
THE CHRONICLE.
7, ISOl.]
Noue
120,947 tous.
of the othor ouul-produc-
played by
it
055
even in the
affair* of rooda not ipcciflcally
ing States produced as much as half & million tons, classed as coal-carriers, it will
well to giro horo a fow
N'ew Mexico's production buing, however, close to that iilustraliona bearing on the matter, drawn from the
.ignre 48G.4ti3 tons, with a small additional amount latest reports of some of our prominent
comp^nioH.
Montana's output wus 363,301 tons
of authracitc.
It is unnecoBsary to refer to the extent of the coal
tons; Arkansas's,
Utah's, 23C,()51
279,584 tons; freight on such conspicuous coul-oarrying roa<li aa the
^
—
Texas's, 128,316 tons.
Large though the present production of coal
United States is, future production it is evident
will bo
Tliis
follows
;
ing and general activity.
The possibilities
of expansion
in the coal-mining operations of the
United Scates are
practically limitless, and hence the output ot coal we
may suppose will keep pace with the growth and development of the country. Leaving anthracite entirely
out of the calculation, wo find that Pennsylvania on its
area of 9,000 square miles of coal fields produced in
1889 over 30 million tous of bituminous coal. But
Illinois has a coal area of 37,000 square miles and as
yet produces only about 12 million tons; Missouri has
an area of 26,900 square miles and produces only 2 J
million tous
the Indian Territory has an area of
;
20,000 square miles; Kansas, 17,000 square miles; Iowa,
18,000; West Virginia, 16,000; Kentucky, 14,OOo';
Ohio, 10,000; Indiana, 7,000; Michigan, 7,000; Ala-
bama, 8,660; Arkansas, 9,100, &c.
These facts possess especial significance in view of
their
States
Pennsylvania or the Philadelphia & K'>ading.
But
take some others which are not generally tuppojod to
bo distinguished for the amount of their coal traffic.
from the constant There is the Wabash for example it will bo a rovolapopulation and the growth of manufactur- tion to most persons to learn that in the lato fiscal year
a great doal heavier.
additions to
in the
bearing upon the probability that the United
may before long become the heaviest coal-produc-
ing country in the world, for at present the output of
our mines still falls considerably below that of the
United Kingdom, albeit we have gained considerably
on the mother country during the decade. While the
United States produced 141 million tons in the calendar year 1889, the United Kingdom in the same
year
produced 176,916,724 tons and in 1890 produced 181,614,288 tons. Moreover, the British figures
are stated in gross tons and therefore must be increased
12 per cent in order to bring them to the same basis as
those for the United States.
In short tons of 2,000
pounds Great Britain's output for 1889 would be
27*09 per cent of the road's entire freight consisted of
coal, 1,695,082 tons being coal out of a total of 6,256,064
tons of all freight.
The Chicago & Alton also would
hardly be considered
much
of a coal carrier by the gen-
eral public, yet out of its total
tonnage of 3,399,705
the calendar year 1890 no less than 1,180,192
tons was coal.
The Rock Island in the fiscal year ending March 31 1891 had 1,328,852 tons of cool in its
tons in
freight tonnage of 6,000,168 tons.
The
St.
Paul in
the year ending June 30 1891 had 1,141,555 tons in a
total of 10,397,035 tons.
The Lake Shore in the cal-
endar year 1890 carried over 2J million tons (2,385,294
tous), its total freight traffic having been 11,531,266
tons.
The Denver & Rio Grande in its late fiscal year
had nearly a million tons of coal and coke out of a
total freight tonnage of 2,093,660 tons.
Instances of this kind might be multiplied, bat a
striking way of showing the general importance of the
coal traffic of the roads is furnished by comparing the
totat amount of coal mined with the total traffic in all
kinds of freight on United States railroads. The
amount of coal mined in 1889 we have seen was 141,229,513 tons.
The
amount
total
of
freight
trans-
ported on United States railroads in the year ending
June 30 1889, according
to
the report of the Statis-
Commerce Commission, was
The first-mentioned amonnt
539,039,583
toes.
is over 25 per cent of
the latter.
Of coarse not
tician of the Inter-State
went over the railroads
amounts were sent by water. But on the
other hand the 539 millions of freight transported on
198,146,730 tons, as against the 141,229,513 tons for United States railroads must be supposed to include a
the United States, showing a difference in favor of the considerable amount of duplicated tonnage that is,
United Kingdom of about 57 million tons. In the tonnage reported first by one road and then by another,
amount of coal consumed, however, the two countries and hence counted twice. A yet more striking illusmuch more closely approach each other. The United tration of the importance of the coal traffic is furKingdom in 1889 exported 28,974,129 gross or 32,451,- nished in the equipment statistics for the Middle
024 net tons of coal, which if deducted from the year's States as reported in the Census bulletin which we
production leaves a remainder of 165,695,706 net tons. reviewed at length last week. According to that balall
of the 141 millions of coal
—large
—
The United
States exported only 2,958,379 tons of
produciion, leaving the
tons,
which thus
falls
home consumption
its
138,271,134
only about 27 million tons behind
that of Great Britain.
there were 334,155 cars in the freight service of
lees
the roads in those States, and of this numbt r
two-thirds
nearly
is,
than 205,721 were coal cars— that
This proportion, howof the whole were coal cars.
letin
m
We stated above that the fact that the supply of coal ever, would hardly hold good for the whole country,
was so abundant, and hence that the coal could be ob- since in the States in question the coal production k
tained at comparatively low figures (especially in the unusually large.
As to the price received for the coal, Mr. Ingalls, the
territory east of the Mississippi) constituted -a great
advantage in the operation of our railroads in giving
chem a cheap supply of fuel. But in addition all the
coal that is mined has to be transported longer or shorter
distances to market, and it consequently follows that
the large coal production is Jproving of advantage in
another way, that is in furnishing a very important
President of the Chesapeake
&
Ohio, in his late report
company, stated that the management had made
contracts with new mines for the delivery of coal
of that
suited to the use of the romlat the low price of 60 cents
a "ton loaded in the cars. This must ba regarded as
quite exceptional.
And
yet the price of coal at the
mines averages very low. For the whole of the United
source of trafiic.
That is an element in the
was only
situation which has not yet received the attention it States the average on bituminous cojil in 1889
•1-44.
only
was
deserves.
We have become quite impressed lately with 99 cents, and even on anthracite coal it
biluminoM,
on
the growing magnitude of this item of traffic, and as Pennsylvania shows the lowest average
ery few persona Appreciate how prominent is the part namely 77 cents. la West Virgmi* the average u
railroad
^
THE CHRONICLE.
6')i
rvoL. Lui.
Ohio 94 cents; in Mary- for only $255,369, so that over and above the amount
Illinois 97 required for this purpose a surplus remains of $50,000
land 86 cents; in Kentucky 99 cents; in
on the operations of the twelve months.
In many of the newer sections the average
cents.
Five per cent on the full $6,250,000 of preferred
is
it
where
runs much higher, as for instance in Texas,
stock
now outstanding would call for $313,500, which
$2-33.
and in Washington, where it is
•ents; ia Virginia 93 ceats; in
$2-66,
relates to the wages paid is slightly above the $306,138 earned for the stock in
the twelve months, but IJ million dollars of the stock
is that miners get a very
impression
miners. The general
was not issued till April last, and hence received divibear
not
do
figures
Census
the
But
poor rate of pay.
As bearing on
because dends for only a small part of the year.
poorly
fare
miners
The
impression.
out this
full
earn
dividends
the
road
to
ability
of
the
on the
because
they are employed only part of the time— not
the
current
fiscal
stock
enlarged
amount
of
year,
it is
regions
the rate of pay is low. Thus in the anthracite
the
first
quarter
that
for
this
interesting
to
note
of
year
had
however,
the pay averages $2-40 per day ; the men,
months
ending
30
three
September
that
is
for
the
In
days.
only
179
work only half the time— that is
the net earnings have been $311,661 against only
the bituminous mines of Pennsylvania, where 40,100
$315,523 in 1890, giving an increase of $96,138.
Gross
210
$1-93
with
was
average
the
employment,
Another fact of interest
—
.
men had
during
the
same
months
three
increased
days work. In Ohio the average was 11-95 per day,
with 181 days work, 14,733 men being employed. In
Illinois, where there were 15,386 miners, the pay was
In the two
tl'98 and the number of days work 177.
receipts
being employed in each case. Even in those instances,
however, the average was not very small, being $r53
per day for Virginia, with 285 days work, and II -46
for Georgia and North Carolina, with 291 days work.
above the dividend of $76,434. For the first three
weeks of October earnings have also increased, being
$54,250 larger than in 1890.
It is propsr to state that $116,400 of the $255,369
allowed for dividends for the late year was paid not in
$190,655, the total being $740,481 against $549,836.
Moreover, from a statement appended to the present
appears that in this quarter the amount
it
stock was $154,528, whereas the IJ per
earned
for
the
rate
cases where the proportion of time was largest the
took
only $78,094, leaving a surplu*
cent
dividend
though,
men,
of wages was lowest, only a few hundred
cash but in preferred stock, the net earnings represented
THE RIO GRANDE WESTERN.
The Rio Grande Western
as either
ia
not a large system as far
mileage or earnings are concerned, but
report
it
by the same having been used in betterments. The
dividend paid in stock was that of January 1891. Since
then the dividends have been in cash. To show what
occup'es an important place in the general railroad sys-
the results would be on a cash basis,
it
is
necessary of
and there has been a wonderful
transformation during the last year or two in the condition and prospects of the property
a transformation
which extends both to the road's finances and to its
course to treat the stock dividend as
if
it
had been a
tem
of the country,
—
physical characteristics.
The appearance of
the annual
The management began with
cash dividend.
dend simply
a stock divi-
matter of prudence and conservatism,
cash dividends being deferred till it was seen that the
as a
company's earnings and finances warranted such a
step.
report of the company, covering the operations for the
With reference
twelve months ending June 30 1891, invests the mat-
stock issued in the spring. President Palmer states that
to the $1,250,000 additional preferred
ter with fresh interest.
some change has been made in the method of applying the
The report makes a very favorable showing, and fur- proceeds from that originally announced. He says that
nishes marked evidence of the change which has oc- it had been intended to use $300,000 of the proceeds
The statement for the year preceding had also for the construction of a new line twelve miles ia
curred.
been a good one, but at that time the company had not length, with easier grades, at "Soldiers' Pass," $450,yet advanced sufficiently far on the new stage of its 000 for new equipment, and the remainder for improvecareer to enable positive predictions to be made as to ments at Salt Like City and elsewhere.
But no satisits future.
The operations of the late twelve months, factory location for the new line could be found that
however, are for nothing so noteworthy as for the very would involve a cost of
decided further improvement in both gross and net and so large an outlay
income which has been established. In fact, this improvement still keeps up, having been continued
through all the weekly and monthly returns since the
close of the fiscal year, and it forms the most striking
feature in the company's affairs.
Briefly stated, gross earnings for the year ending
than half a million dollars,
wa» not considered the traffic
of the road warranted at present.
It was also concluded that the estimate for additional equipment might be
reduced.
The amounts thus saved, the management
decided to apply (1) to the widening of the narrowgauge branches; (3) to new terminal improvements
at Helper; (3) to additional sidings, fences, etc; and
less
it
June 30 1891 increased 45 per cent and net earnings
(4) to the ajquisition of the
full 73 per cent over those of the year preceding.
That Riilway, a standard-gauge line
is to say, the company earned 12,346,130
gross in 1891 to Salina, 26 miles.
against only 11,622,234 in 1890, the addition
thus
being over $723,000—an amount of increase in
excess
One
in
from Manti
the plan under which
the Rio Grande Western has been reorganized is that it
has placed the new company in excellent position finan-
made by many of the more extensive systems.
larger business of course entailed larger
operating
expenses, but even after providing for these
a considerable addition was left for the net earnings,
which thus
respect
proved 1379,000 better than in 1889-90, the
total being
$896,053 against only $516,717.
Interest
only
of that
The
of the strong points
securities of the Sevier
in operation
cially,
capital
and
at the
wants.
is
now
same time provided means
As
a
result,
very satisfactory.
the
for future
situation
Evidence
in
this
to that effect
furnished by the report. Thus it appears that not
has the company no floating debt, but it has
taxes &c. consumed only $589,915 of
the $896,053 a large reserve of bonds and stock in its treasury.
In
net, and hence the amount remaining
for the stock'was the first place, there is a balanca
preof
of $1,250,000
over three hundred thousand dollars—
$306,138.
The ferred stock unissued. Then there is a reserve of
8 per cent dividends paid on the preferred shares
called $2,000,000 of first mortgage bonds ; the mortgage procharges,
is
'
NOVKMBBB
THE (CHRONICLE.
1891.
7,
Tides for a total issue of $16,000,000 of theao
bond
667
pleted, but only 114,000,000 of the bonds are outstand-
takings in the whole of Europe have therefore inor«Med
302,297,000 pounds, or fully 500.000 b»let of tho arirage weight of 400 lbs.
Moreover, thcso gains follow
Finally, the company has the sucuritius just
acquired of the Sevier Railway, namely $642,500 of
year.
and
the full mileage agninst
the same has boeu com-
ing.
bonds, $385,600 of preferred and 1257,000 of common
stock.
It is to bu remembered, too, that this is the
considerable additions to tho lakingH in the preceding
Tiie weights given in tho above table are ordinary
weighti, covering of course
all varieties
of cotton.
We
hare, however, had cabled the average weight* of th*
made standard gauge leading growths for the season of 1890-91. Thej were
and outlays connected with for American, 474 lbs.; Egyptian, 698 lbs. and East
Indian 396 lbs. These compare with American 406 lb«.,
that operation have been paid.
The Rio Grande Western has always had the adraii- Egyptian 682 lbs. and East Indian 396 lbs. in 1889-90.
tage to be derived from a good geographical location, In 1888-89 the weights were 465 lbs., 693 lbs. and
tut so long as the line was narrow gauge and the 398 lbs. roipoctively. Whilo tho results for the year ia
finances of the company in unsatisfactory shape, the pounds are disclosed by tho above, a clearer presentaproperty was heavily handicapped and not free to tion of the relations which one season bears to another
develop its full possibilities. Now that this has been is obtained by reducing tho bales to a uniform size.
changed now that the gauge of the road is of standard That we have done in the subjoined table, which covers
•width, permitting of the interchange of traffic and cars the stocks held by the mills, their takings and their
with other roads, and the company's finances are in consumption, in each of the last three years all reduced
the best of shape earnings and traffic are expanding to bales of ^00 lbs. This statement anables the reader
in just the way that might be expected, and, moreover, to see at a glanco the changes in each item from season
the acquisition of new branches and extensions will to season, both in Great Britain and on the Continent.
situation after the road has been
and
after all the expenses
—
—
«erve further to strengthen the hold on local traffic
now possessed. As compared with roads in the
Eaet, the
average
year
late
Grande Western
Rio
rates,
realizes
rather high
the
lbs.
1890-91.
each.
Grb4t Britaiw—
Stock Oct.
on freight in
average
been 1"954 cents per ton
the
having
Bale» of 400
1
I
I
tbeginning of year)
,
Deliveries during year
>
86,000
4,274,000
5S.000
the increase in
traffic
should furnish com
pensation for the loss resulting in that way.
This,
however, relates entirely to the future. At present, as
already pointed out, earnings are increasing in a very
decided and a very encouraging manner, and President
Palmer
is
fully justified
52.000
3,773,000
4,06.^,000
4,3«0,000
Total Bopply for year
Total consumption for year.] 4,349,000
'
this
decline,
1688-80.
!
per
comparing with 307 cents in the year
preceding.
While the average must be expected to
mile,
1889-M.
|
|
4,120,000
4,034,000
,
3,828,000
3.770.000
llB.OOO
8^,000
59.000
237,000
1 (beginning of year)
4.8.j7,0OO
Deliveries daring year
181,000
4,336,000
167,000
4,083,000
Stock Oct.
1
(end of year)
|
CoinXHBST
Stock Oct.
Total supply for year
4,854,000
Consamption daring
4,^^38.000
4,517,000
4,290,000
4,250,000
4,069,000
316,000
227.000
IHl.OOO
year..
in the remarks he makes in
the opening paragraph of the report that stockholders
Stock Oct. 1 (end of year)
totals for the whole of Europe for the three
The
have no cause to feel disappointed at the results of
of 400
operations, " which have fully vindicated the wisdom years are as follows (in bales
" of the large expenditure made to strengthen the Gt. Britain and Continent. 1890-91.
"line since it was decided to convert it intj a link in
313.000
Oct. 1
" the most central of the great thoroughfares across Stock
8,901,000
Deliveries daring year
" the Continent."
lbs.):
18S9-90.
|
9,214.000
8,7e3,00O
Total supply
Total coDSumption
COTTON CONSUMPTION OF EUROPE AND
THE WORLD.
Mr. Ellison has issued this week in Liverpool his
usual Annual Review of the Cotton Trade, and, as has
been our custom in previous years, we have obtained by
cable all the results of importance contained therein,
and present them below. The takings by European
apinners in actual bales and pounds during the season
of 1890-91 compare with the figures for the two preceding years as follows
Jfrom Ctto>er
1 to O. tobtr 1. Ortal Britain.
Oontinent.
lolaX.
For 1890-91.
T»kln){B by aplnii»r8...t>ale»
ATer»)(» weiKhl of balm.lbr
Taklnggla pound*
7,663,000
464-6
478
1,709,643,000 1,850,741,000 3,560,384,000
8,677,000
4,080,000
453
For 1889-90.
Tsklngg by spinners... bales
7,361,000
3,903,000
3,453,000
452-8
442
AveratfB weigbtof bales.lbs.
46S
Takings In poiuidH
1,625,403,000 1,732,624,000 3,358,087.000
For 1888-89.
7,008,000
Takings by spinners . bale*
3,720,000
8,288.000
448-4
Averaga welgbt ot baler .Ibe
439
459
Takings In miunitn
1,509,297,000 1.633,321.000 3,142,618.000
. .
We
Stock Oct.
1
(end of year).
431.000
|
i
I
1888-89.
I
219,000
236.000;
8,101,000 ,7,856.000
8,637.000
8,334,000
313.000
|
8,"<75,000
7,1^39,000
j
236.000
!
cable also contains the
In addition to the above, our
average weekly consumption, in bales of 400
lbs., aa
follows:
Consumption per Week.
1890-91.
1880-90.
Continent
81,635
87,260
77,577
82,500
Total.
168,^8S
160.077
Great Britain.
1888-89.;
72,600|
78.260.
150.780
All the figures heretofore given relate merely to takings and consumption of cotton in Great Britain
and on the Continent. To obtain, therefore, a com-
prehensive idea of the amount of cotton consumed in
the world, the United States and India must be inIn our annual crop report we showed that the
cluded.
had increased their use of cotton
over eight per cent during the season of 1890-91,
bringing the total up to 2,958,000 bales, of 400 pounds
mills in this country
average weight.
The annual
report of the
Bombay
which
Millowners' Association, tho
coatho
of
evidence
furnishes
we have had cabled,
in
cotton-mannfaciuring
of
growth
rapid
and
tinuod
salient features of
from the foregoing that spinners in the
number of
United Kingdom have taken this year 84,180,000 lbs. India. It shows that on June 30 1891 tho
construction was 134, a
of
course
in
and
the
working
Oontinent
mills
more than last season and that on the
fire being the
gain has been 118,117,000 pounds. The aggregate reduction from the previous year of 3—
see
THE mUONlCLE.
658
[Vol. LUl.
We have also received by cable Mr. Ellison's estimate
however, increased
of
the number of spindles in Europe, America and
1890-91
in
77,496 and looms 1,119, and the consumption
India
during 1891, and give it below, adding, for pur393
of
bales,
exceeded that for 1889-90 by 170,444
Spiudles,
cause of tue uecrense.
pounds each.
poses of comparison, the figures for the previous three
we give the followAs
made
by ladiau mills
progress
the
shows
which
ing,
years.
of interest in this connection
1390.
1891.
Spindles.
18?9.
1888.
44.750,000 43,750,000
25,150,000 24,-575.000
14,781,000 14,5-0,010
3,351,000 3,270,000
43,500,0ro
43.i>0'>,000
24,001 .,000
2:^,500,000
14,1-5.000
2,760,000
13,525,000
2.490,000
63,032,000 88,145,000
84,43.5,000
82,515,000
during the past sixteen years.
Great Britain
PR00RE8S OF ISDIAN MILLS DORtVO TUB PAST SIXTEEN YEARS
Yean
STo.
endint;Junt
of
0/
30.
gpiniilts.
amount of cotton
consumed
Cu>ts.
47
51
53
56
,
5(!
57
05
67
79
87
95
103
114
124
9,139)
10,aS5 5
1,100,112
1,244,-06
1,2S9,706
10,5;-3
1,45.^,7H4
13,111;)
1.461,590
13,.502
392
lbs.
Not stated
42,914
44,410
936,547
1,076,708
the excess.
l,5i:-i,09()
4ii,430
1,620,814
1,790,388
48,467
53,476
1,326,461
1,391,467
1,597,94 6
1,859,777
2,088,621
60,:i87
67,186
74.383
76,942
82,307
91,598
102.721
111,018
20-.58.i
307.631
378.989
3!t7,562
cover
the
world.
400
reduced
being
2,541,965
596,749
013,204
726,276
The unprecedentedly
2,7.i5,970
7S7,42(I
that prevailed in almost
2,'i51,214
3,110,289
8S8,6i4
3. .529,617
1,008,462
4.126,171 l,178,'.i06
Below we give these
the
to
uniform
all
of
World'i
Qreal
Brilain.
1878-79
1879-80
1880-81
1881-82
1882-33
1883-84
1884-85
1885-86
1886-87
1887-88
United
Continent
Slates.
2,843, 000 2,596, 000 1,784,00[,
3,350,,000 2,750,,000 l,981,00r
7,,135,230
3,691,,000 3,640,.000 2,42J,00U
3,841, 00'; 3.796,,000 2,530,000
,001,300
711,800jl0,,168.3U0
771,670 10,,933,070
3,770,,000 4,069,,000 2,0<5.000
4,034,,000 4,290,,000 2,731,000
870,880
988,293
11,,394,880
2,956,,000 2,118,000
3,640,,000 3,198,,000 2,197,000
3,744,,000 3,350,,000 2,375,000
3,666,,00( 3,3 ?0,,000 2,244,0J0
3,433,,000 3,255,,000 1,909,000
3,628,,000 3,465,,000 2,278,000
1888-89..
1889-90
1890-91
Total.
202,230
301,480
371,400
389,600
447,400
520,700
581,803
630,300
3,572,,00
,
India.
1,245, 000 1,5
017,400
424,600
946,40'
,310,70ii
,1S1.SOO
12,,013,293
,00012,059,000 l,155,3;8|l2,,S96,:-.28
'.8,
The above demonstrates with how great regularity
and how decidedly the consumption of cotton has
developed throughout the world. As remarked last year
the only retrograde movement was in 1883-84 and
1884-85, but since 1884-85 the advance has been rapid,
now the consumption reaches an aggregate of
until
12,896,328 bales of 400 lbs. each, an increase since
1878-79 of over 72 per cent. The gains during this
same period of thirteen years in the various countries
per cent
;
Great Britain, 49 per cent ; Continent,
74J
United States, 65f per cent, and India, 340^
:
per cent.
Mr. Ellison estimates that the world will in
1891-92
need for its consumption 10,388,000 bales
of 463 lbs.
average weight, making 12,024,000 bales
of 400 lbs!
each, and he bases his estimate of supply
on an American crop of 7,550,000 bales. The estimate
in
detail of
amount required is as follows, the actual
supply in
1890-91 and the actual consumption for
1890-91 and
Lrqmre'le.
lSJl-92.
Amrrican
Braz Itan
fnyptlan
S'nyni.'i
w. India, Pern,
Ea«
Inaian
.Total
hales
bales
500.(.0i
27,000
».'.,0!i0
Actual
Actml
Supply. [Conaum'n.
1890-91.
1890-91.
bale:-
1,300,0(^0
639,000
27,000
94,000
1,317,000
213,001
540,00(
20,000
87,000
1,500,000
bale. 10,388,000 10,869,000
10,217.000
Average weicht
Baleaof 400 lbs
Cunguiuptlon per week!
463
12.0.'4,0:H
464
sections of the cotton belt
movement of the staple to market. Never
month has so great an amount of
been brought into sight as in the month just
before in any one
cotton
and
this in face of an undoubtedly smaller yield
than last. Our statements show that over two
million bales have come into sight through the ports,
interior towns and the rail movement overland, whereae
in October of 1890 the total reached but 1,723,759 bales.
Furthermore, the aggregate for the two months of 1891
this year
is
2,853,137 bales, against 2,581,033 bales for the like
Spinners have been quite free takers
psriod a year ago.
during the month, low price.3 having been the inducement, and their total takings for the season to date consequently exhibit a considerable increase compared with
last year.
OVERLAXD MOVEMENT TO NOYEMBEE
463
7,315,000
154,000
425,000
40,000
71,1,00
1,691,000
9,'ii'6,OOU
457
I2,610,000,ll,839,00fi 11,065,000
231,231
242,6151
227,073
212,788
1.
1890.
18S9.
108,791
59,897
45,243
2,532
33,334
28,580
36,514
2,437
60,307
48,035
16,512
1,695
19,023
19,248
40,165
2,116
65,037
35,091
12,967
2,078
12,331
21,108
17,236
322.328
207,181
167.363
1891.
Aelttal
Comuitt'n.
1889-90.
1.
Overland the movement has been heavier than in any
preceding October in our record, the gross shipments
reaching 273,769 bales, which compares with 171,615
bales in 1890, 145,744 bales in 1889 and 207,670 bales
iu 1887, when the previous highest record for October
was made. The larger movement this year has been
pretty well distributed over the various routes, and in
some cases the gains are notable. For example the
Missouri Kansas & Texa3 has mDved via Hiunibal
45,243 bales in the two months of 1891 against 16,512
bales for the same time in 1890, or an excess of nearly
one hundred and seventy-five per cent. The movement
via Louisville has more than doubled, and the shipments from St. Louis record an increase of over fortyeight thousand bales.
The nut overland for the month
is also conspicuous as surpassing all former results for
the period covered, being for October this year 216,779
bales against 131,292 bales in 1890 and 101,290 bales
in 1889.
The total for the two months exceeds that of
a year ago, 90,458 bales.
The details of the whol«
movement overland for three years are appended:
OVERLAND TO NOVEMRER
hulm 8.216,000 8.655.000 7,857,000
balo
2oO,' 0(
237,000
so.i.alcf
all
ally large
1889-90 being inserted for comparison.
Eelimrled
favorable conditions of weather
8, ,382,480
Note.—Tlis above doeH not iucludo Ainericau eoctou couiiuaied in
Ciuada, in Mexico, and burnt.
have been
1.
during the month of October encouraged the rapid
gathering of the crop, and has resulted in a phenomen-
closed,
weight
lbs.
CoTisumpUon.
MOVEMENT TO NOVEMBER
531. •?6i
returns combined for thirteen consecutive years,
bales
COTTON CONSUMPTION AND OVERLAND
456,556
Bringing together the results for Europe aud India,
and adding the figures for the United States, we substantially
This shows an increase in the spinning power of the
world of 1,887,000 spindles, all the countries sharing in
3
13,707
14,172
15.373
2,001, 6(i7 16,262
?,l»5,o4(i 16,537
2,261,561 17,455
i,421,280 18.536
2.489,171 19.49a
2,762,518 21,561
137 3,271.198 23,412
131 3,3.11, Ht'l 24,531
,
Total....
Dales of
daily.
1876
1877
1878
1879
1880
1881
1882
1833
1884
1885
1886
1887
1888
1889
1890
1891
(Jontinent
Unitrd States
East Indies
Approximate.
Average
Numter nufnb'rof
hands
employ* d
looms.
Amount shipved^VlaSt. LoulB
Via Cairo
Via Hannibal
Via Louisville
.,
—.-,..
Via Cincinnati
,
Via other routes............ .
Shipped to BolUs, not included above...
Total trroaa overland
1,516
NOTOMBBH
7,
THE CHRONICLR
18Q1.J
Ovorlsad to Nuw York, Boston, Ao....
Between liit«rlur townn
Qalvestoii, Inlnnil and local uillU
New OrleuDB, Inlund uud
local mills...
Mobile, Inliiudaud looal mills
1891
"27,»7S
15,907
and
L^vlnff total net overland*...
13,077
60
6,443
17,067
3,592
7,905
319
274
75
4,712
1C8
2.531
1,801
3.S94
0,450
6.309
74,410
49,731
52.013
217,888
157,430
looal mills..
Total to be dedacted
i«t,»83
319
Baranuab, Inland and local mlUs
Charleston, Inland and local mills
N. Carol'ii laorts, Inland and looal mills.
Vlr^clnlu ports. Inland
18 81.
21.014
0,698
1890,
4,2-<9
6.778
193
156
15.350
1
total Includes slilpinenM to Oaniida by rail, wbloh nliice
September 1 In 1891 amannt«d to 8,087 bales, In 1890 were 0.158
bales and In 1889 were 4,&33 bales.
* Tills
RECEIPTS, EXPORTS*
The
boon marketed than does the statement of overland
movement. As stated in our review for October 1890,
the receipts during that month were the heaviest ever
recorded for such a period
but in the present season
;
the total
is
pared tho following:
Total reoolpts to November, 1, 1891. as khore
baiM.
Stock on hand comineaeemQotot fear (Sept. 1, 1890—
At Northern porta
142,16)
At Boatliom porta
80,524— 231,01)4
At Nortbem
greater by 187,195 bales than in 1890, being
It will be noticed, moreover, that fully
two-thirds of this addition to receipts has
made
its
ap-
A
pearance through New Orleans.
majority of the
other Southern ports have shared to some extent in the
Interior
market*
Burnt North and South
Stock on hand end of month (Nov.
porta
At Noctheru
Interior
ttt,4M
2,7»9fit0
94
1,
1891)—
AtNorthevn porta
AtBouthem
>,Mt,lS7
a,7«IS—
Total supply to Novombirl. 1891
Ot this supply there has been exportwl
toforelfrn ports since September 1.1,051.911
Leu foreign cotton Included
3,014-1.019,897
SsDt to Canada direct from Vest...
8,047
much
subjoined table of receipts furnishes a
1,532,426 bales.
Northern spinners during tho Humo poriod w« haro pr«-
AND SPINKERS' TAKIXQS.
better indication of the rapidity with which cotton has
6fi9
210,236
897,896-1,138,133
11,040-3.207,210
markets
Total takings by spinners since September
1,
1891.
093,349
Taken by Southern spinners
111,0M
Taken by Northern spinners since Sapt. 1, 1S91
Taken by Northern splunorssams time la 1300
i8I,il49
bales
436,631
Inoreaaelntaklnzi by Northern spinners this year.... bale*.
44,We
The above indicates that Northern spinners had up
to November 1 taken 481,349 bales, an increase over
the
corresponding
1890
period of
of
44,698 bales
and an increase over the same time of 1889 of 172,109
bales.
AMOUNT OF CROP KOW IN 8I0HT.
and Wilmington being the only exIn the foregoing we have the numb3r of bales which
ceptions.
For the two months the excess over 1890 is has already been marketed this year and the twj pre111,782 bales, and compared with 1889 reaches 322,181 vious seasons. An additional fact of interest is the
bales.
In the earlier part of the month the exports to total of the crop which was in sight on Nov. 1, comincrease, Norfolk
foreign ports were appreciably less than a year ago, but
pared with previous years. We reach that point by
been a very free outward movement, adding to the above the stock remaining at that date at
and as a result the total for October is only 44,310 bales the interior towns, less stock held by them at the
less than for the month of last year, reaching 850,046 beginning of the season.
In this manner we find the
bales.
The addition to the port stocks during the result for three years on November 1 to be as follows:
month has been 514,731 bales, and on November 1 the
1890.
1889.
1891.
excess over the similar date of 1890 was 525,099 bales.
latterly there has
Our
usual table of receipts, exports and stocks
lows
since
Sfpt.l. 1891, to
Sept.
IB91.
1.
Galveston
El Paso. Ac
Orleans.
New
..
1,
IS90.
428,817
420.19b
32,736
17.523
8,S00
281.74':
77,857
75.998
28^,009
183,7«
90.203
20.755
411,336
57,237
188,348
3.870
45,821
48,790
98,611
17,«69
14,298
85,6e3
60,644
128,153
15-.;,204
Boston
Baltimore
99,960
4,817
8,073
11,867
8,308
Phlladelpbla,Ao.
18.0a7
93,095
26,973
S4,I0O
11,480
20,930
83,620
2,094.418
185,000
2,8.53.137
2,58 1,033
2.279.418
and 573,719 bales greater than
As
it
in 1889.
reader to see what has
will interest the
month
into sight each
come
during this and
of the season
we have prepared the following, which
shows the movement for the last four seasons:
previous years,
1888.
1889.
1890.
1891.
Mtmlht.
201.782
92.930
17,086
3.40
16,8:
8l.<
74,427
16.322
8'',019
8.913|
120,141
8,393;
4.273!
86,378
16,068
3.516
1,830
650,21)
183,763
J87,0<0
83.202
8.4o0
Tm.ob;
Oreat Britain exports Include to tUe Cbauuel.
1,8 ^7.068
860,274
2,026.205
1.723,759
1,623.848
430.209
1,502.289
Total 2 months.
2.584,033
2.279,418
1,933,498
2,853,137
1,568
S.S8li
6.308
826.932
6^5.770
September
October
883
2,097,467
1
230,136
25
Total isai
Total 1890
17,««9
31,981
2.3.13,897
23.b,OUO
8.800
100,406
10,020
bales.
2,568.137
This indicates that the movement up to November 1
of the present year is 269,104 bales more than in 1890
131.731
316.512
S.870
61,307
807,901
371
65,786
3,9
Tntal 1889
1.
1891.
162,257
Brunswick. Ac.
Cbarleaton
Port Boral.Ac.
Msw York
BHtain*
Nor.
7b to!.
l.«60
5,49S
We»t Point..,..
Newp'tNcwa.Aa
1891, TO-
Continent.
49'i.S41
43l<,3t8
JTorfolk
1.
Stockt
Oreat
e.ifio
Ilorlda
WashinKt'H.&c
EZPODTS SINCE SEPT.
619,531
Bavannah
WUmlnKtOD
Receipti
$inct
Sept. 1,
18»t.
...
Mobile
*
Total marketed, as above
bates.
Interior stocks In excess of Sept. 1
Total In slKht
Itovement from
Nov.
as fol-
is
:
713,119
41,807
170.398
450
86.823
808.083
le.OJO
83.181
41.102
H,8«S
S0>
3,81(1
4,780
847,936 l."ei,91l l.l&t.l2«
sotf.Tsg 1.290.041
613,028
i.iai.gia
6Se,280
WEIGHT OF BALES.
furnish a more exact measure of the receipts up to
Nov. 1 we give below our usual table of the weight ot
bales.
"We give for comparison the figures for the same
To
tim« in the two previous years.
Sam*
7im>
Using the facts disclosed by the foregoing statements,
we shall find that the portion of the crop which has
reached a market through the outports and overland,
and the Southern consumption during September
this year and the two previous years, is as follows
:
1891.
1890.
1889.
Total receipts
bales. 2,457.137 2,251.897 2.002.118
Boatbern consnmpLion since September 1
92.000
Oa.OOO
111.000
Total to Nov. 1
bales 2.568.137 2.3,53.><fl7:2.0il4.U8
monlh$ endini/ Xot.
1,
1891.
ptrfdin pirfdim
1890.
Kumbtrof
BtLltt.
Pound*.
438,016
233.572.0J2
n3
1
25
Louisiana
eio.-ssi
30J,641,.'S91
499
1:0
100,466
493.121
207,975
256.090
66,075
386.803
61,438.^92
246,018.067
104,7«9,4S6
127.970,734
33.915,597
3.568.137
Alabama
,
,
South Caruuna.
Virginia
Sorth Carolina,
I
bMn see, Ae..
X
Total.
•
1889.
Awtragt A*
WttgAL
Weight (n
rezaa
Qeorgla*
Receipts at the ports to Nov. 1
bales. 2,203,249 2,097.467 1,847,068
"*' 157.430| 115.350
''''''
netslilpments overland daring same time
247,838
1
51200
498-90
5O370
4D.VT1
532-73
.^0232
51400
60575
50300
493 53
51150
501-37
195.752,' 78
500-00
90<00
1."'03.1S»."7(>
.\07- 13
^0'*
74
804 33
Inolndtnff Florida.
It will bo noticed that the movement up to November
marketed since September 1 in
1891 is thus seen to be 214,240 bales more than in 1 shows a decrease in the average weight as compared
1890 and 473,719 bales greater than in 1889. To with the same period of the last year, the average
determine the portion which has gone into the hands of this year being 507-13 lbs. per bile, agaioat 508*74 lbs.
The amount
of cotton
THE CHRONICLK
660
[Vol. Lnr.
504-33
per bale for the same time in 1890 and
Cleveland >fr Pitts ...
CoLHocli.Val. &T0I.
A Hudson.
& Western
Delaware
DRT GOODS TRADE IN OCTOBER.
Business during the month of October was
wherever dependent upon the demand for
Do
inactive
current
pref
were bought irregularly,
light-weight3in brown sheetings being in better demand
than standard and other heavy makes, and low-priced
& AU.
•Do
&
E.Teun.Va.
Do
Do
Ga. Ry.
Istpref.
2d pref.
B. 8
&
Lex.
Eliz.
7
15
6
45
13
16
125
pref..
Evansv. & Xerre H..
Flint & Fere Marq...
Do
pref..
and higher grades of bleached shirtings moving more
Great North'n, pref..
Prices in some quarters GreenBay W.&8t. P.
freely than medium grades.
rto
old.
have favored, buyers iu lain as well as colored cottons, H.>U8. &T. C
tlllnots Central
steady
fairly
ruled
has
market
the
generally
but taken
do least), lines
although there are considerable stocks in quarters,
they are not being unduly pressed for sale. Print
as,
cloths were sluggish all
month and
right at the close a
decline of l-16c. per yard for standards,
was recorded
patterned
in
fabrics
in printed
dress
quoted
was
yard
per
i 15-lGc.
new
spring
well
as
ityles,
good
in
business
feature
jobbiug
in
L
&, St.
Do
&
St. L. & Tex...
iVIanhattan cousol
Memphis & Cijar.s...
some specialties
Central.
dark goods only Mexican
Michigan Central
Collections
circles.
improved during October, particularly in the South,
and although outside markets all reported a quiet business in actual progress they show continued confidence
in the future.
Mllw. L.
&W
8.
Do
pref.
Do
&,
Do
N.Y& Harlem
N. Y. La<5k. (fewest..
W.
N. Y. Lake Erie
pref.
Do
New England
N. Y.
N. Y. &Nor. pref....
&
1890.
1891.
^
1..
2..
a..
4..
6..
«..
7..
8..
9..
81*
8l8
8ll«
300
7
3-1
7
3 00
7
8ifl
3-00
3 00
3-00
8«„
H-(.0
10.
8"!,
3 00
714
714
714
5%
916,„
f>\
91!>1«
»16,<1
714
714
714
714
714
714
5%
7
71*
7
714
714
714
714
7I4
5%
5%
5\
5%
5%
916,8 3-31
...8...
8ifl
B^ifi
8»,fl
11..
12..
13..
14..
7
7
7
7
7
300
i
3-00
3 00
3 00
3-00
81„
Vl»lfl
8 'l«
lf>..
7
7
7
16.
H'lfl
I'l..
8
300
300
18,
19..
'M..
T'<^
3-00
7
T'a
300
300
300
300
300
7
7
7
8.
..
8
8
8
8
'2i„
24..
25,.
26..
a;..
28..
29..
30..
31..
714
714
714
714
714
714
7
7
7
3-31
9">,« 3-31
3-31
9'fl
9lb,„ 3-31
916,, 3-31
9l6,e 3-31
55,
9H.,fl
f>H
5\
f,\
5%
53,
...8.
3 00
1}>
716|« 3-00
3
^l^'"
V
7
7
7
Oil
300
m'"
7
3-.)0
fl«
7H
7
7
2-94
''"l«
The above
714
7I4
7I4
714
714
916,fl
916,
5%
K^5%
5%
5%
5%
5%
o\
5%
b^
5%
prices are -For cotton,
714
714
714
714
614
6I4
6»4
6I4
7I4
714
714
714
7I4
714
714
714
7>4
7>4
714
"14
3 "si
331
3-31
g'R
3-31
9'«
91S,6 3-31
3'31
714
714
714
714
714
714
714
714
714
7M
714
714
918,6
913,6 3-31
3-31
913,„ 3-31
331
94,
911,6 3-31
91V
95s
958
3 31
3-31
H^lfl
331
9»i.t
3 31
9ii
3-31
T*
7H
7^
714
714
OF
614
(il4
6>4
KM
6I4
6I4
6I4
714
714
714
714
714
6I4
6I4
6M
714
714
714
714
714
714
IM
714
714
7>4
614
6I4
6I4
6I4
614
at
New
OCTOBER-
The
following table shows the highest and lowest
prices of railway and miscellaneous stocks at the
N. Y.
Stock Exchange during the month of October,
1891.
KAILROAD and MlSCBLLANEOnS STOCKS.
Low. High.
Railroads.
Albany Biisquch'na.. 165
165
Chicago & Alton
Railroads.
Roch.
Do
4i
Pltub.
pref
Bnrl.C Rap. A Nor..
•California Paciflc...
Oanadlan Pacitic
Oanaila Southern
Central or N..Jersey..
Centra] PaciHc
Che».AO.,Vot.Tr.cert.
Do
Do
do
do
iBtpref.
2d
pref.
41% 46%
sag
39%
do
pref.
^c.Burl.&Ouinoy..
& East 111
79
80%
Do
pr
35
35
Ohio. MIL & 8t. Paul
14
14
Do
pref..
^
87% 90
Olio. A Northwest...
57
611*
Do
pref..
12(ll4 CJilo. A Rook Island..
114
42'e
18
22%
14
St L. pref.
e'e
& Nav.Co.
N..
741a
24
20
lOia
33
Read, certs.
L
T>r>
&
Chic.
32% 34'8 0hlc.St.P.Mlnn.&O
25% 27%
Do
pref..
57% 60% Ul. Cln. Chic 4 St. L.
38% 41
Do
pref..
Low. High.
137
139is
157
157
93% 100%
70% 72
7258 7%H
116i« 119
lIS's 117%
138
78
139
8414
31% 3558
92% 93
70% 74
95
97
i«
271a
731a
23%
pref.
Chic.
Pittsb. Ft. W.
W. pf tr. rec
Pitts.
651a
.
150 4)
37
Richmond Terminal.
126r
&
Do
•
Homestake .Mining..
Maryland Coal
Minnesota Iron
22
84
12is
12
7
5
40 H
39
270 270
4i«
6
80
Cent. Coal
& Perry C. & I.
Silver Mln..
Pennsylvania Coal ..
Quicksilver Mining..
N. Y.
19ifl
Do
27'8
61 14
Tenn. Coal
pref.
Various.
45
144% Am. Cotton
Do
861a
Oil
55
pref.
Do
89
241s
pref..
.
93
80
96
961s
99
57
79
Si's
50
74
&4
80
pref
Cit'ns' Gas of B'klyn
Commercial Cable ..
Conaolidated Gas Co.
71
40'8
17
2311a
41%
27%
41% 51%
21
21
81ia 90%
Co
13i«
31''8
2514
21
36
89
prel..
& Iron
Do
391s
16i«
2814
111*
15%
85
82
1191a 137
98"4 101
& Cit. Feed. Co- 50% 53i»
102%
97
EiUson Gen. Electric.
745
Ilia Farmers' L'n& Trust 745
4
414
14
411a *Keely Motor
181a 20i«
18% Laclede Gas, St. L...
3ifl
...
31a
56% Manhattan Beach
IS's IS'g
3018 "Mcx. Nat. constr
93%
77 'e Naiioual Cordage
9816 lOlSg
pref
Do
251a
17
•National Lead Trust
19
6 'a *
Do T'ri*t r'cts ItiSs 1658
181s 25
7478 National Linseed Oil.
33
23
25'8 National Star.h Mfg.
1714 21%
231a North American Co.
24%
11% Oregon Improvem't.. 21
3514 3338
421* Pacitlc Mail
S/^s 63%
28 '8 •Pipe Line Trust
34%
34
6714 •Posial Tel. Co
15058 Pullman Palace Car. I8914 196%
97%
95%
391a Silver Bullion certs..
18
17
rex. P.ic. Land Trmt
I'k-'s
81% 83%5913 Western Union Tel..
Dis.
21''8
om
.
1
Unlisted.
The range of Government bonds sold at the Stock Exchange
m October was as follows:
GOVERNMENT BONDS.
4»,
reg., exl.'mi p.c.
4«, 1907,
1907,
6»,
coup.
reg.
e. '98,
reg.
c. 99.
reg
•1195»
6s
•117%
•»»%
116%
116%
•120
•117%
-100%
117
117
•119%
•117
'99%
116
116%
•120
•117'a
'99%
117
117
Closing
The followiag highest and lowest prices are from actual
sales at the New York Stock Exchange:
RANGE OF STATE BONDS IN OCTOBER.
Opening
g-...
Highest
Lowest,
t,
Low. High.
Low High.
106% 106% Tenn. new aettlem't 6s. 106 106
101
101
158
5a
Ark's f und.6s,nnn-Hol 156
69% 70%
114
38....
Dist. ofCol. 3-65S, CP..114
66% 68%
3ssmill
N. Carolina consoL 4s. 975b 98%
Al&bama Class B
.
So. Car. non- fund. 68..
Brown consol. 6s ...
FOREIQN EXCHANGE.
Buff.
191a
91a
61a
GOVERNMENT BONDS AND
At«hlsoii Top. AS.Fe.
Atlantic A i'acltto
16
229
6I4
^
IN
36%
53
6I4
35ia
2314
Ills
21
.
.
&
50 is 60
138 1* 142"
. .
821a
37
P. O. C. ifcSt.
149%
lioia 118-
United States
WeUs, Fargo & Co. .
Coal akd Mining.
Colorado Coal & Iron
Col. & Hock. C. &I ..
Cousol. Coal
24 la
285,
Southern
PhUa.
134
American
IS'e
.
6I4
6I4
6I4
Adams
714
pref .
Greg. Sh. L. & U.
Peo. Decat. & E'viUe.
Peoria & Eisteru
7958
21^8
.
pref.
Mississippi .
Omaha &
19
7718
pref.
Express.
American Dist. Tt-1..
•Am. Sugar Refln Co.
Tiref..
1714 22lf
•Do
Amer. Tel. & Cable
791a 84
pref.
Co..
Tol>.
40
Amcr.
471a
254
254
Chicago Gas Comp'y.
Junction
Ry
106
107
Chic.
4%*, 1891
low midilllng uplanls
PRICES
<fc
Oregon Ky
7\
^
STOCKS,
Do
23% 323s
36% 39
pref..
& L. Erie
108% 115
Northern Paciflc
Ohio
1514
&
Do
2ft
.59 13
54I4
421a
1421a
831a
la's
pref.
& Western.
Do
OlJl)
York
lor prtniliin clothe, m»auUoturera' net prioes: tor slidottQiri,
aKbUts''
*'' a»^-ri?ed(93ouatof 5 par cent, except
?"''•'?"*
Srh^fAM"^"'"'"
when otherwise sUteil: SoutUorn sheetings net.
REVIEW
Do
Norfolk
6H
...8...
3-31
N. Y. N. H. <& Hart.
N. Y. Ont. & West....
N.Y. Susq. &We8t...
6I4
...8...
t>^
5%
714
714
"14
71*
S'lh'n
3-yd.sheel
ings.
...S...
...S...
8I9
3-31
3-31
3-31
68''e
&
OoU'n Print- Shett- Lan- S'lh'n OoU'n Print- Sheet- Latilow
Um ing mgs, ca^ter
easlT 3 -yd.
mid- ClotM, SlaHO- pmg- sheet- mid- clolhs. stand- ainqdling. 64x64 ard.
ings. dling. 64*64 ard. Kains
t^
1314
&
Wisconsin Cent. Co..
62%
25%
&
16
43i»
20
111% Ontario
Texas...
'N. News &.Miss. Val.
N. Y. Cent. & Hud. R.
St. Louis
N. Y. Chic.
Ist pref.
I>o
2d pref.
Do
17''8
107% New
pref
Missouri PaoiHo
Mobile & Ohio
Morris & Essex
Vash. Chatt. & St. L..
Union Pao. D. &G...
80
IO8I4
pref..
Mo. Kan.
81
151a
3919
81
West'n
Paciflc
11%
6
14
17
41T8
1510
Whael.
24%
8
44
7M
20
47
100
& St. L.
Minneapolis
IO314 115i«
18
46
Wabash
Do
30
93
97
,
13%
91
18i«
21%
151a 19%
35% 36
...
& Man.
Paul Minn.
*Tol.Peoria
76% 8lia
2713
24
13
171s
IO014 lOlia
22^8 2238
...
pref
9
3
IO1I3
25
59
pref..
Nash V.
Louisville
80
111
122i8 I26I4
99
97
Louisv.N.Alb.&Ch..
The
a slow trade has transpired at first hands.
in
all
directions,
jobbing trade has been quiet
special "drives" being few, and the scarcity of these
compared with the experience of a year ago is the most
notable
Linisv. Ev.
pref..
Do
&
25ifl
27%
woven- Lou
in
styles
for
as
but
a
;
making 64x64s
Lake Shore
Long Isliknd
D.>
Paul & Duluth
12% Union
3
pf..
Soutli Carolina
Soutliern Pacific Co .
Paoitlc
Texas
No. M.
Tol. Ann A.
Toledo & Ohio Cent..
pref..
Do
125
101
91
10
pref..
Lake Erie (feWest'n..
pref..
Do
St.
14ia
I6I4
11
Do
St.
7
76I4
Iowa Central
.
&8. F. let
SoJthw
45
103
11
Western.
St. L.
St. Louis
17%
25ifl
le
Do
pref.
Rome Water & Cud
St. L.Alt. &T. H ...
7i«
8I4
6%
& Ft. D..
Des Moines
'Dulutli 8. 8h.
Rio Gran
127ia 136«i
139
144>s
IHH 21
4714 SO^s
Uen.& Rio Grande...
Domestics
requirements.
Lack.
Del.
Low. High.
4 1 Tg
40
73i«
72
1071a 111
33 14
33
76>4
76
10
8
RVILROADS.
Low. High.
150
151
3Hfl 34 ij
Railroads.
lbs.
in 1889.
^
EB^
33
2%
98
2ia
8
7
Vlr.68 def.tr.reots, at'd.
98
daily posted rates for 60 days and dewand sterling
in Octobsr are given below, it being understood,
that bankers' actual rates are usually a fraction btilow the
prices posted
The
exchange
BANKERS' 8TERLIN0 BXCHANOB (POSTED RATES) FOR OCT., 1891.
Oct.
1.... 4
2.... 4
3.... 4
4....
5.... 4
6.... 4
7.... 4
3.... 4
60
De-
days.
mand.
81
31
80%-l
8
80%-l
4
84
4 84
4 84
4"84""
80%
1 4
80-% 4
80-% 4
9... 4 80- la 4
10.... 4
11
12
...
4
84
84
84
84
80-%' 4 84
8.
80%
4 84
60days.
13...
14...
15...
16...
17...
18...
19...
20...
21...
22...
23...
24...
4 80%|
4 80%-l
4 81-%
4 81-%
4 81-%
S.
4 81-%
4 81%
4 31-ia
mand.
4 84
i84-%
Oct.
25....
26.... 4
4 84%-5 27....
De-
60
days
De-
Oel.
mand,
9.
8l%-2 484 < -5
4«1%
4 84%-5 28.... 4 81-%
4 84%-5 29.... 4 81->s
30 ... 4 -1%
4 84% 31.... 4 81-%
4 84%
4 84-%
i81%-2 4 84%
4 8l%-2 4 84 %5
4 811S-2 4 84%-5l
Open. 4 81
4
84%
4 84%-5
4 H5
,
J
4
84 %5
84%5
4 84
Low.. 4 80
4 85
4 84
Last.. 4
4
High.. 4-<2
81%
,
81%5
NOTEMBKR
THE CHRONICLE.
7, 1891.1
DEBT STATEMENT OCTOBER
Tho
following
is
States public debt
SI,
^onctJivws®ommctctuI ^ngllah l^eui
1891.
the official statemoat of tho United
and
of the cash in the Treasury at
the close of business October 31, 1891.
INTBRBST-BBAIUNQ DBBT.
trrom our own sorraaponiianl.
Ix>NDON, SittiinUy. Oot. $4. 1»1.
Gold continue* to be withdrawn from tho Bank of EnKlnnd
in coniidorable amountB.
Thi« week £100,000 wan withdrawn
I
fnt'r't
Amount
Pav'U
JaaiMd.
ATMumt
Outatandlitg.
RtgitUnd.^ Coupon.
«M«.B''n'dLoan.l8lll
Continued at 8 p.o. Q.-M.
Q.-J.
4a, F'doil Loiui..llK)7
it.
Q
K«('d'K Certiflo't.j
man
rofal.
tS60.000.000
740.8S4.B00
tss.aa4.eoot
t«5.8a4.t00
488.6M,060 7S.881.I00 B6».578.1tO
40.018.7S0
88.070
A(Rrei»te exol'd'n
B-da to Pao.
RR.
1.080,847.260
The American demand, which eaaed oft tor a
while, has aKain be(?UD, and there ia a Terjr atronK Oerdemand. Ttiere are fears that the RiuMian demand may
for Rusaia.
little
rui« 0/ Loan.
B«l
soe.9sa.s30
78.aai.ioo
»88.08d.7«0
DBBT ON WHICH INTBRBST HAS CBASBO BINCB MATURITY.
also increase, but those
who
are in the be«t position to b« in-
formed assert that very little will be taken. Ruaria necda to
import large quantities of food, and Nho hiw not the moans Imtself of paying for it
but the belief here i* that a large part of
;
the proceeds of the loan just raised in Paris will be
pay for the imports.
OMd
to
Regarding the American demand for gold, the boat opinion
is that it will fall chiefly upon the Continent, and especially upon France.
Almost immediately gold is to be sent to
Buenos Ayres it is said that at least half a million Bt«rliag
will go; but on the other hand almost an equal amount ia
expected from Brazil, so that the Argentine demand it is
thought will not reduce our supplies.
It will, howerer,
divert from us gold we should otherwise liave received. And
here
Funded Loan of
IfiOl.
matured September
1891
t,
l7Mb8U0
11.(101,500
Old Dubt miitured at varioua tker dates prior tu January 1, IHai, and other tterns of debt matured at TarU
oua dates aubaequent to January 1. 1801
... 1,807.78)
Ajcramte of debt on whlcb Intereat baa oeaaed
matontT
'
'
1810380
ainoe
(A.iOO.aso
t».i27.8«o
DBBT BBARINQ NO INTBRBST.
Ijeyal-tendor notea
Old dencitid m-tea
National M ink notes:
t346.»<l,01«
f»
Ki7
^.o«i
Redeoiptlon account
Fractional currency
Laaa amount natlmuted aa loat or deatroyed
35430871
;
as there ore sure to be miscellaneous
demands
for
India,
'
Egypt, South Africa and other countries, the stock held by the
Bank will continually decline, even if the shipments to New
8.906.B»i
AcKreKate of debt bearlnit no Intereat
York are not so large as heretofore expected.
Besides,
t3S8.074.uS6
OHRTIKICATaS AND NOTES 133UBD ON DEPOSITS OP GOLD AND Scotland will take in the course of a few weeks about threequarters of a million sterling.
At the present moment tlie
SILVER COIN AND LBaAl,-TKNDBR NOTES.
whole stock of the metal held by the Bank of
Intht
England barely exceeds 2i^ inillions sterling, and, as
In
Amount
CUutlficaUon of Ctrtijlcata and Ifotet.
Tretuury. Cfirculatlon
Usufd.
just said, about three-quarters of
a million will go
Qotd certlnoatea
tSU.790.4S0 tl3e.100.:n9 tl5e,890.7BI
almost immediately to Scotland.
If therefore the foreign
Sliver ccrtldcatoa
S.803.7S9 321.068,612 323.68S.401
demand should prove large, it is quite possible that next
Currency cortiflcatea
330.000
10,785.000
11,095,<100
Treaaury notea of 1890.
8,S51,738
6)1,473,484
month the stock may be reduced to 30 millions, or little
68,726.270
Agitreifate of certlflcatea..
t2a.977.IWa tK34.401.445 t5i'fl.379.4IO
more. The reserve held by the Bank is considerably less than
18^ millions sterling, yet the value of money is steadily fall 3
RECAPITULATION.
ing.
From day to day money is freely lent in the open mar
Ort.31.
ket at from
to
per cent, and the discount rate in the
Sept. 30,
Increate or
Claatincatinn of Dibt.
1891.
1891.
Decream.
open market has fallen to 3^ per cent. There are appeart
t
t
ances that the Bank of England is beginning to borrow in the
585.024.780
t585.08«,780
I. 8,000
outside
market for the purpose of removing the excess supply
Debton which Intereat baa ceaaed
6.209.'.!80
9.127.290 D. 2.918.06O
S88.0-.4.0.>6
there, and of so being able to raise rates outside when it ad380.183.483 D. 1,109.487
vances its own rate; but as yet the borrowing has not had any
^Bgregate of Interest and non-intereat bearing debt
980.309,976
884.835.503 D 4 026 597
influence upon the market.
Certlflcatea and notea offset by an equal
The silver market continues quite lifeless. There is some
amount of cash in the Treaaury...
660,879.410 849.806.748 I. 10.57J.862
there is scarcely any for
AsKrevate nf debt. Incl'K oert'a & notea. 1.540.688.386 1.634.144,251 I. 6.547.135 demand for Portugal and Spain, but
tl5.283680
8.87J.934
^
^
and speculation is quite absent. The price, therefore,
and silver securities too are
baa fallen to 44Jid. per ounze
neglected and dull.
The stock markets throughout the week have fluctuated frequently and considerably. The recovery in New York on Friday of last week did not materially increase business here
Quotations of course were all advanced, but selling exceeded
buying, and as New York was quiet on Saturday a very dul
India,
CASH IN THE TREASURY.
;
Oold— Coin
Bara
.^
Silver— i>oll»ra
Subaidiary coin
Bars
Tru de-dollar bars
Paper— Lomil tender notea (old Issue)
Treasury notea of 1880
;
Quid
certlflctttea
,
Sliver certlllcarea
Currency certia>:atea
National bank notes
Other— Honds, tntereat and coupons paid, awaiting
reimbursement
Minor coin and fractional currency
tl89,ei5.90&
74.16H.8.I7— t28».774.742
347.339.907
15.19H.881
45.810.248
1.B70.432- 410.118,888
14.127.027
2.251 ,786
20.TW'.420
2.525.768
SSD.OOO
5.738.79645.763.787
142.492
864.! 66
Deposits in UHtional b'<nk deiK)8 tanes—general aco't.
DlabnisinR offlcera' balances
AgKregate.,
16.047.S40
4.830,763-
t0.frH,T9t
t740.530.269
tone supervened here on Monday and Tuesday. On Tuesday,
more particularly, there was absolute stagnation, with a good
deal of discouragement, and the more careful observers feared
that unless a rally came soon in New York there would be a
The rally in New York on Tuesday and Wednesday restored courage for a while, but on Thursday afternoon
there was again very heavy selling. But yesterday a more
Currency cerlifl ates
Treaaury notes of 1-90
confident tone prevailed, with increased buying. The reasons
Fund for reilemp. of uncurrent national bank
S.407.ii8'<
OntetanJInK chofks an drafta
for the sensitive state of our market are several. Firstly
DlsburslnK oncera' balances
86.474.844
4,815.238- 40.478.9S9
there is a fear that political troubles in the Argen
Agency accounts. 40
Oold reserve
tWO.OOO.Ooo
General Mitre, the poputine Republic are imminent.
139.671,980
Net cash balance
Se.B71.820
lar candidate for the Presidency, has withdrawn, the coalition
t740.KtO.269
Ageregale
Ul,i«7.»«u
Cash balance In the Treasurr September 30. 1991
between him and General Rooa has broken up, the Finance
139,871,980
Cash balance in the Treasury October 31, 1891
oflSce, and the President has been cen13318.049 Minister has resigned
Decrease during the month
8ure<l by the Senate for attempting to induce General Mitre
BONDS ISSUED IN AID OF PACIFIC RAILROADS.
At the same time private telegrams reto change his mind.
Companut
excitement is very great, and theTe is
repaid
by
Int.
political
the
port
that
Balanet
7ntfr«t
InterMt
Prineipat
accrued
By Trant- BycaeK pay- of InUf ti evidently a fear amongst thoee most intimately connected with
paid by
OUtr
paid by
0/ RaUttKiy.
and not
m't«;6p. c.
portation
Buenos Ayres that disturbances may occur. Still, the best inthe V. S.
stan,llno.
vet paid.
nstsomlng*. M« 17. %
Servict.
formed are confident that at the right moment a capable and
t
t
t
t
candidate will be brought forward and that be
trustworthy
8S.866.57a
6S8,»i8
Cen. Paclflc. 25.885,1211
617.702 86.877.4U
6,883.664
1.4KS
More serious, perhaps, at the moment i» the
will
be
elected.
6.81
Ban. Paciflc! B.303.000
8.913.888
128.060 9.164.773
488,410 84,68.1,827
DnI'n Paclflo 27.23BJS12
18,939.034
641.780 38,031.376
weakness in Paris. In this correspondence tho attention
l'*n. Br. U.P. 1.600.000
6,927 1,S17,187
493.694
32.000 8.317.80H
of your readers has been again and again called to tile
8.604.761
West. Pacific 1,970.5HO
9.36'
89.111 8.614.118
2.065.978
aionxC.AP. 1.628,320
danger of a break-down upon the Paris Bourse. Theie
179.913
32.687 2.215.MB1
Money is likely
Totals ,...84,888.818 1.892.470V0.241..S79i
1,103.620 65.3-W.90l
is a very great lock-up of capital in Paris.
g3.7»S3»
DEMAND
Oold
LIABILITIES.
tI5«.880.7S«
S23.e«8.401
11.OB5.000
63.725.270— t580.S79.410
5.781.5.^
notea..
certlflcatea
Silver certmciites
I
break here.
THE CHRONICLE.
t562
to be dear next month, owing to the large payments
that will have to be made for the grain needed both by France
and Russia. German capitalists and speculators have for
months past been fl coding the Paris market with securities of
And the crises in Spain and Portugal are growing
all kinds.
very serious. The struggle over the Russian loan has resulted
in a very considerable fall in prices. The members of the
syndicate assert that the loan has been a great success, and
they announce that applicants for more than 93 bonds will
receive only 7J^ per cent of the amounts applied for. Yet the
general public in France and outside insist that a very large
part of the loan will have to be taken up by the syndicate,
and that consequently the bankers forming it will be unaFurthermore, the reble to operate as freely as hitherto.
It is said that thirports from Russia are very grievous.
teen provinces, with an area twice the size of France, and
UIL
[Vol.
The weather all through the week has been very stormy and
damage has been done to the crops in the later districts which have not yet been carried.
It is reported that in
some cases grain is still lying out in the fields and has been
wet, and
quite flooded this week. Upon the whole, however, the appearances are that the wheat harvest is very nearly up to the average. Farmers who have already begun threshing report great
inequality. In some districts the yield is better than ha? been
expected, in others it
disappointing, but generally
is
appears
it
The market continues very quiet, with no
eagerness on the part of sellers. During the past day or two,
however, there has been some excitement in the oats market,
caused by a report that the Russian Government is about to
prohibit the export of oats, maize and buckwheat. It is said,
too, that a ukase prohibiting the export of wheat has actually
been drawn up and submitted to the Czar.
England and
The following return shows the position of the Bank of
with a population nearly as large as that of
Wales, are suffering from actual famine, and these provinces
are the richest grain-growing districts in Russia. Hitherto
they have exported very large quantities to the other provinces
and to the rest of Europe. Rioting is already reported, and
it is greatly feared that there may be serious political troubles.
The whole trade of the empire, too, seems to be paralyzed,
and heavy failures are reported from Moscow and other large
towns. But if anything very grave should occur in Russia
the consequences both to Germany and France would be very
serious.
Moreover, there has been a heavy fall in all kinds of
Spanish securities. The best-informed observers, however,
think that, though prices are likely to fall lower, there will
not, for a while at all events, be an actual crisis.
Whatever
may be the case later in fhe year, money as yet is both cheap
and plentiful, and it is hoped therefore that the banks will
combine to iwstpone, if not to avert, a regular break-down.
Besides Spanish securities there has been a very sharp decline
in Egyptian, Suez Canal, Portuguese and industrial securities
especially Rio Tinto copper shares. In addition to all this
the disturbances in China are increasing the depression in the
trade of the Far East, And the banking crisis in Australia
—
continues.
The crisis in Spain has been intensified this week by a report that the French Government has decided to increase very
greatly the duties upon Spanish goods. Since the quarrel with
Italy France has imported
from Spain immense quantities of
crude wine, but it is feared that if the duties are raised the
imports may be so greatly checked that the prosperity of
Spain will suffer, and especially that the railways will lose
traffic in a ruinous way.
Consequently Spanish railway securities of all kinds have fallen heavily in Paris.
At the same
timethedepreciationof the notes of the Bank of Spain has
caused a great falling-off in the Spanish demand for Spanish
Government bonds. There is no doubt at all that while the
Spanish Government u in great Snancial embarrassments
the
country itself has made marked progress for some
years past;
and Spanish investors a little while ago were buyiag
the bonds
of their Government so freely that they
kept up prices. But
Bincethenotesof the Bank of Spain went to a discount
the
buying has ceased, and as investors outside of
Spain have for a
long time not bought the price has been
steadUy falling for
some time past.
The
copper company shares in Paris is the more
remarkable because the condition of the copper
trade itself appears to be exceedingly good.
In only 3 months out of 30
since March, 1889, have the deliveries
of copper in the United
Kingdom and France been below the monthly
supplies; and
months the aggregate consumption has been
over
l^l
"^^"^ "'^ '"PP"^^ ^*^« °°' qiiite reached
ofll'n^ 'T'
^,000. The visible supply therefore has fallen from about
135,000 tons at the end of March, 1889, to
less than
fall
in
^^
60,000 tons
the reopenin- of tlie
Anaconda mine will largely increase the
output; but, for all
that the statistical position does
not seem to warrant the
at the
end of September
last.
No doubt
movement now going on. The real reason
in i'ans was carried too far.
The condition of trade in this country
is
rhe break-down
is
that speculation
fairly satisfactory.
South America, the McKinley tariff
the
the crops on the Continent have no doubt caused
a falling-off in the exports; but
thero 18 some increase in other
directions, and the home trade
famme
in
m Russia and the deficiency of
^'^^ New orders for ships are being
^tf^'^e'y
nt^r"' Scotland,
placed
and the improvement in the iron
and
steel trades is maintained,
m
f
to be fairly good.
Ekigland, the
Bank
rate of discount, the price of consols, &c,
last three years :
compared with the
1891.
1890.
1889.
Oct. 21.
Oct. 23.
Oct. 23.
£
£
25,851,565
£
tSSS.
Oct. 24.
£
Circulation
Public deposits
Other deposits
OOTernmont securities
Other securities
24,532,890
24,558.090
24,783,441)
6,1)25,137
3,450,840
4,044,383
5,431,351
23,963,389
29,303.831
28,218,485
12,.'i82,042
16.198.500
22,955,041
16.257,401
27,697,012
RcBerre
13,394,838
11,518,1183
20.188.072
11,703,344
Oolnand bullion
22,798.101
10,601,578
20,084,434
26,901,500
17,189.985
19.90).886
12,09S,19«
20.880.636
S7«
Prop, assets to liabllitles.per ct.
pcrct.
Bank rate
3
Consols 2« per cnet
»iii
186,619,000
ClearlnK-House returns
3115-16
S8X
5
94 13 IB
129.029,000
6
38J(
5
97W
97H
133,582,000
110,225.00
The following shows the imports of cereal produce into the
United Kingdom during the first seven weeks of the season
compared with previous seasons :
IMPORTS.
cwt
WTieat
Barley
Oats
Peas
18^)1
10,5t>9,099
1890
11,279.041
4,269,766
1R89
1RR9.
8.077,'ii8
10,0.56.913
3,3S«,399
2,097,816
153,294
595,118
4,485,895
2,137,953
1,825,545
2,723,185-
1890.
11,279,041
1,966,009
6,111,552
1839.
8,077.248
2,137,953
7,215,242
1888.
10,056,913
2.643,804
3,763,764
Total
17,044,359 19,356,602
1891.
1890.
30.*. 1 Oil.
Aver, prioo wheat week.343. 9a.
Average price, seaaon.. 363. 9(1
32s. Id.
17,430,443
1889.
16,464,481
1888.
3,753,163
1,937,281
138,931
1,777,174,
132.990
233,292
616,810
360,259
381.283
2,735,271
5,273,674
3,505,692
Indian corn
Ploiir
2,152,533
1,966,009
2,613,804
Supplies available for consumption (exclusive of stocks on
Beans
September
1):
1891.
rmport80twlieat.cwt.lO,589,099
Imports of aour
2,152,533
Sales of home-grown. 4,302,722
323.
343.
29». 101,
29s. 9d.
Id.
Id.
The following shows the quantities of wheat, flour and
maize afloat to the United Kingdom:
This teeeJc.
Wheat
qra. 1,571. .500
Flour, equal to qrs.
176,000
Matee
qrs.
150,000
EnslUh FluaRcial
Laslwcek.
1,521,000
189,000
204,000
1890.
1,600,009
1SS9.
1,421,500
226,00»
339.00«
i
;?'i2,a00
353,000
ntarlcets— Per Cable.
daily closing quotations for securities, &c., at London
are reported by cabl'j as follows for the week ending Nov. 6:
The
London.
Silver,
Sal.
d
per oz
C3onsol8,ne\v,2Si percts.
foraccount
do
Mon.
44»8
95i,8
9514
»0\
Chic. Mil.
78^4
& St. Paul....
Central
106
Il28
Lake Shore
Loinsvillo& Nashville.. Sl^s
75^
Me.^icau Central 4s
N. Y. Central & Hiulaon. 116'ii
N. Y.Lake Erie &We8t'n 31%
109
do
2d cons
Norfolk cfe Western, pref. 54
76^^
Northern Pacifle, pref .
b7h>
Philadelphia & Eeading. 20i«
4214
Union Pacillo
29'8
Wabash, pref
[llinoi.s
.
TMirs.
FH.
43 >9
95
94'S,8
9518
9413,8
951,8
43I2
9478
951j«
949712 94-72'a 9515
102:^
121
9118
n
1
|
Wed.
43%
953,
Fr'ch rentes (inParisjlr. 9565
'102%
U. 8. 4ias of 1891
U.S. 49 of 1907
|121
Canadian Paciflo
Tues.
43^8
p
102%
102%
9515
102%
121
121
121
91%
9118
9078
7719
104i«
127 1«
78
106
106
78
106
127!3
127%
127
81%
81%
VO-a
80%
75^1
II6I4
31
ioa>9
751a
116>a
31 14
75 •«
115%
7514
II514
301«
loiim
53 '8
76 'a
76I4
7878
109
54
3058
IO914
53%
75
5778
2014
53
57%
20%
2014
42
41^8
2978
29%
41%
28%
53
74
57 "•
19%
40%
27%
(SiommtTCcinliinA 3?XtsccUaiieous %%i^voa
Imports and Exports for the Week.— The imports of last
week, compared with those of the preceding week, sliow an
The
increase in both dry goods and general mi^rchandise.
total imports were S10,5-:J6,1U, against $9,333,2)2 die preceding week and $7,854,570 two weeks previous. The -exports for
the week ended Nov. 3 amouuted to ^7,237,733, agaiust
$8,393,648 last week and $8,442,094 two wet-ks previous. The
following are the imports at New York for the week ending
(for dry goods) Oct. 29 and for the week endioa; ( for s;eneral
merchandise) Oct. 30
also totals since the begin ning of the
;
first
week
in January,
NOTBHBBR
THE CHRONICLR
T, 1831.1
romuoH iMPoiim at
tbr We*k,
1888.
Dry OikmU
tl.Tnn.lin'
0,035.290:
I
Seu'l lunr'aiHO.!
hibw tors.
(o plare iMtforo
1800.
1889.
I
1891.
$1.SJ3.(!7»
0,U0S,27.>
i»2,:!9.1.057
7,703,002
6H8
i|>3.1tn..1l)0
8,:t7lt.71j
ment
From
our readern
tho d«t«ili of f»orpm-
tn-<\:xv
and dls'iurHementu for the month of
recelptg
roturuH wo <)')t>»ln t'lthnt minnctr cuniilKt"
ten tuonlha ot the calendar yoari 1801 ai«i
prt'vi 'ui
•iiimths. und in
'
"
Ootobi-r.
prmriDun
.fit for th«
.r
>
>/>.
i
aminitu OWHininItt*!).
Total
$10,020,111
|i8.606,401 lao.lSO.O 59
8htef Jim, I.
Dry Oooils
$110,742,922 Jilll.nia.Olfl $130.S4.^.23a $100,117,101
0«ol mei'UI»«.j i:81,7o6,lU3 308,000.875 329.810,3111 341,173,181
$8,79 1 ,050
I
imt.
Xotari4 weeks. $39S.500,HS $423,703,0 21 $-180.153,600 $141,50 3,283
la our report ot the dry noo'U trade will bo found the
mports of dry gooJii for cue wook lat«r.
The followijix is a statemont of tho exports (osclusivo ol
•pet'.io) froTU the port of New York to forei;);n porta for the
week endia;; Nov. 3 and from January 1 to date :
KZPORT8 PUOM HB\7 YORK FOR TH8 WBBK.
1889.
1890.
$7,3.19,03
$3,701,097
201,602,988
1888.
For the wcelt..
Pro V. reported.
fiS-l.-jCBOit
214,309,358; 280,807,831
1891.
$7,227,75!)
306,850,708
Total 44 weeks. $24g.86a,461l«204,00d,808 $297,424,680 $S14,078.4G7
The followin r
shows the exports and imports of specie
at the port of New York for the woi>,k ending October 31 and
since Jan. I, ISOl, and for the corresponding periods in 189('
and 1889
EXPORTS AND IMPORTS OV SPBCIB AT NEW TORK.
cable
Exports,
IMO,
Out-
tntrr'i
torn;
fl#v'u# *>i»r«'f
total.
~i~ ~»
Jinuary
S.VK7
ll,IM3
rabmarr
lli,»V4
•.ibo
Uar«b
Apnl
May.
iun«
1S.878
ItCal.
tome.
~T~ ~i~ ~i~
W,71B
»M\
lO.lHl
X.TIIt
iii,iin|
lM.t>IW|
10.1 1&
1.7M
I
03318 rtfO"
I
11.98t
u.aiHi
t»,4IM
<W,T78 »7,l.*i
M.mo
U053
i».SBej
tajum
II.1M6;
ia,9S!l
«3.1» t7,«t7
17.'
I4.I(I0'
13,7711
Sl.Tai
jaiy
13.46(9
14,AH
Auinut
September
Ootobor
15.1115
\t.t>Oi
ToMl
10
11^07
U.I'.21
IMJOd
M.ZIS S8,883
ll.uis kl.KM »,00l
13,»S1
13.uri«
months. J8t.8(M
1»2.9-B
NattAoMl
InlSHI:
,
ltS.a.M an».l>3l
1I,''I8
M.8I0
U.a90
li,M7
ii.ni
B.tSI
IMM
MM
«tUT7
nt.44«
I»33I5 y.O»t
WMlg
mdll.MU, tiiatotaltauot«««r
k%Sii.mi.
<(IU3.7^>.
«l2,700.Ma.
Octuber 31, 18WU, beioK tT.Olv.uio.
I
<|IM,US.
4 |VV).aOO.
*W>.)t3ft.
<;
l>'IIU:
Ill
tJKn
;—
h|.1KUS.
i>»ii!i,iiii>.
fctiio.sTu,
S). ixtll, beloif «:.!,«?3.<)M.
i.aM
AM7
IMU
ml.MS
buiitc d9p«ialt f uitU tncliidoil
,1 t'<45;74l>
tva.wti.
W
n laOS.tW. tk« total to
$3,031 ,000.
DISBURSKMENTS (000* Omlttndl
Imports,
UK.
1891.
aoM,
Week.
Great Britain
\SineeJaH,\.
..'$37,107,069
France
1(1,547,1831
Uennanv
Since Jan,i,
$245,000
otlier cuiuitrios.
3,898,56.')
3,268,8.'>7|
'56',354
14.213
1,011,810
33,655i
3,171
7,319
1,510,881
57,694
382,539
500,147
$245,000 $73,614,944 $1,249,638 $23,247,180
Total 1891...
Total 18'J0...
Tot.ll 1880...
18,842.025
48.344,770
Ii0,417l
63,030
7,371.107
5.248,681
39,7431
130.8251
Exports.
Imports.
Silver.
$399,420 $13,890,734
74,iJ00
925,161
210
250,406
43,000
603,125
838
138,373
,
Germany
West Indies
Mexico
Boutii America
Si>ieeJan.l.
,
All otlicr countries..
$173,838 $13,857,045
Total 1891
Total 1890.
Total 1889.
182,7501 14.913,3i)i)
338,2.1 ll 17,422,007
Week.
$2,187
117
20,632
$4,»70
91,285
54,980
403
211,7.i7
745,246
441.711
538,788
$134,310 $1,980,438
147,703
6,080,408
1,222,938
86,106
—
Mr. B. F. Lieber, at 17 and 19 Broadway, publishes a telegraphic code for the use of bankers, brokers, merchants and
Others who have cccoision to use the wires freqnently. He
publishes the names of a large number of thoie who have
used his cipher and to whom he can refer for their opinion of it.
Cbanqes in Leqal Tendsbs and Nationaj, Bank
Notu.x to
Comptroller of the Currency has furnished
OS the following, ahowin;? the amounts or national bank
notes Occ. 1. together with the amounts outstandina; Nov.
also
1, and the increaw or decrease durini? the month
the changes In le;<al tenders held for the redemption of bank
1.
Amount
Nov. 1:
Bank Motet—
to
Saiional
$171,817,319
oiiUttandintr Oct. 1, 1891...
durini? Oct
*1, 868.260
retired during uot
*172 087,721
Feb
(114.0^5
17.811
Haroh..
cii.itta
9.818
*pril... d«8,7ia
864
Botes Oct.
to
redeem national bank
$36,727,942
1891
1,
Amount dcpo.^ited rtnrinic Oct
Amotmt reissued A b'nk uotes retlr'd
Amount on
lu Oct.
«11 1,090
1,522,04^
notes .V„v. 1, 199 1
f35,113.881
Olrculatlon or nacioaal Kold uaans, uot laoludixl anuve, $1 16,837.
*
According to the above the amount of legal tenders on
Nov. 1 with the Treasurer of the United States to
Xitm
national bank notes was 135,318,^84. The portion ol
ma<le (1) by banks becoming insolvent, (3) by
banks going into voluntary liquidation, and (3) by banks reducing or retiring their circulation, was as follows on the first
of each of tne last five months
thfa deposit
InsolvTbks..
Uqiiid'Kl)ks..
I,
Sepi, 1.
$
82-'.692
5,4.;O,0OS
783,870
3,3i5,',51
713,880
5,274,724
Oct. I.
$
730.420
5,334,161
yo>,
1.
$"
719.817
5.279,900
Bed'c'K uiidr.
»ct ol •74..* 34,341,669 32,503.061 31,403,128 30,659,358 29,314.101
Total
40,581.066 38,714,482 37,423,712 36,723,942 35,313.3'11
•Actor June 20, 1ST1 »iid July 12, 1882
OOVKKSMJCNT ItlCVENUK AND EXPE-VDITURKS. ThrOUgh the
courtesy of the Secretary of the Treasury, we are enabled
—
%
7.916
8.ne
860
108
81.7i6
Sl,4»8
9.924
IR.Otl
10.9W
»..'<a8
1,33S
8,355
88,931
13.95S
8.618
8,641
8,81(1
an
U.59)
«8»
718
80.772
38,903
13.394
18,-82
o.asa
8.781
1.514
laly.... g23.'23t
13,663
8.8^3
a»,7^
1114.903
fll3,l75
8,001
489
AOif
iopt.... fclBJ>37
0lS,7il
0,683
4 IS
10.97;
6,174
80,738 ) I4.73-.1
83.835 1 lS,lfl7
31.t7i p8a.4«3
t
»,0*)
*
t7JS»
957 nfiw
17.SIS
874 89.008
811 87.88}
818
/1M83
«,0(«
BU
1430*
I4JH3 7.838 *.0M 80.au
S7S 1.730 a>1.304
1833W
S8'13.41>>
4.581
4.313
141
ll.Oil?]
83.18»
Si.031
10 mos.. I8«.4H 91.83* 16,144
40 «W.4-0 140,060 llit.495 4!<.M^ l'.8M 3MS,1I9
NKtioniil banli redemption fuad InclaJmi :—
,
^
In 1891: ot2.4«1.7«<i. 6 *i,j;M.:U(l
c $2,440,811.
d »'.3»fl,0«l. « tJ.O^I.rW.
/»i.274,8«a.
( $l.'3O0,u3«.
o »l,»il,457, the toUU to
<i$l,6-<8.0'7.
fc 1.697,773.
Octobo-
b«ln< $H»,'-lW,3JJ.
:n, 1891,
In 1891:
October
($103,750.
81, 1>B0.
hein*
p
18.071,431.
$l.-'4.i,al0.
$!5,13 >.IJ8.
$2.208.78-<,
tho total to
—
Auction Sales. Tlie foUowin;? were recently Bold at aucby Messrs. R. V. Harnett dc Co.
tion
Bonds.
$25,000 Mich. Cant. RR. Co.
Shares.
25 Bowerr Bank
20 Corn Exohaugs Bank
12
Cbatham
308
341
420
Bank
liat.
(Jack. L. >k Sac. Div.) 1st
103'»
ext. 3». 1901
$X,00> Midland RR. Co, ot
9AH
Ind.5«, 1917
The following were recently sold by Adrian H. lIuUerA Son r
Shares.
Shares,
263 K, Y. Bowirr Ins. Co.... 70-71
135 ^
20 Peter Coopur Iu». Co
125
68 Phenii Nat. Bank
220
4 Eagle In.«. Co.
70 U. S. Kiro Ins.Oo
125M
230
30 Continental ln». Co
ICUutoa Hall Aasoclafn. 53 1
242Nac«au
Oa.i LiKliI Co. ot
Brooklyn, witli right*. 129
1 B'k of the State of N. Y..1 lOia
500 Uostetter Cuke Co
50
lOOioberire Id*. Co
80
10 Knickerbocker Trait Co.Wdis
10 Pavlflo Fire Ins. Co
148
SitwUtU0 and
liflttauclal.
...
LIBERTY NATIONAL BANK,
.>r»T Verk.
Central
143 Llbertr
liililainz.
."ilreet.
»30«,00»
-
ACCOU.VTS or BANKS. BANKERS AND MKRCHAXTi .«>)I.ICITKU.
UK.XRV UKAVEi Vlcu-PrcJiJenl.
HENRY C. TINKGU, President.
JAMK8 CHRISTIK. Cashier.
OlftECTUBSi.
HEVRY
C.
TINKER,
IIK.SIIV UllAVK^I,
GKO.
K.
K V
C.
W.\I.
Ill
H.
YOl-N<!,
MAXWELL.
C.
J.
FAHNB9T00K,'
<1. A. UOBAk¥.
A.GAaUAND.
I
HON.
.NKI.fi
mi.MO.NTCI.AllKE.
J.NO. H. 8 r AKIN.
BAKKIt,
;
THE MERCANTILE NATIONAL BANK
OF TUS CITV UP NEW VUUK.
No. 101 Broudwajr,
$1,000,000 Sarploe * Prattta, $950,000
WILLIAM 1". 3X. JOlI». Pr3»l(1e:lt. KKSOEttlCK B. SCUBNCK. Uuhler.
Capltml,
-
I
I
JA.'tf Ei
V.
LOTT. AasHtant Cksblor.
ACCOUXTel WOLICITKD.
THIRD NATIONAL BANK
OF THE CIT¥ OP WEW YORK.
$1,000,000
Cpllal,
J. B.
HBSRTCaAPlM,
August
t
ts.eso
eHWM
:
Julii. I.
t
t
83,961
40
lune...
1.410,053
deposit to redeem national bank
by—
*
Prwm. IttaL
In.
terat. turn:
•**T....
J. 11.
Legal Tender yotet—
Amount on deposit
*
8,831
250,402
1,617,858
Amonnt oatstanding Nov. 1,1891*
Otpoiits
«
CAPITAI,,
Am lunt ias'ied
Amount
atfyru.
I.C81
—The
up
Ptn-
nary.
oso.ooe
:
notes
OrM-
Since Jan.l.
Of the above imports for the week in 1891 $558,87.5 were
American gold coin and S405 American silver coin. Of the
•zports during the same time $1^ were American silver coin.
Nov.
In- Iprwn-
•loiu. teregt. lunw.
*
(an
Oct
Week,
Oreat Britiln
France
Pm-
OrMnary.
$993,071 $7,890,008
105,123
9,201,018
17.0S1,5.57
West Indies
Mexico
Boutb America
AU
Week:
AcooonU
WOOOWARO
CMblorU. K.lSJSS.TiA^V—
(O.
•ollolted
PreslJeat.
Spencer
f»o». 16 and
Al.liA.Nr N. f.
TR.IL.VSACT A
Trask
BANICKRS.
18 Broad street,
&
Co.,
„
.
_.._
t*
„\"S5pV*J'r
H. 1
-J
PHoriOB-ICK.
BVJIKI^O BIT^IXIW.*.
8AKAl''J«A. S.
OKNBIHI.
D*i>fl«»lof»
_^--^.—^^^—
__^
^ Baranfed.
!*•;?».
»:
All clancs of Seoorltles Bamtht enil «oM ?" ti,';"^??!^*
£TMi to InTMtmant 8«aarlUe«. .Olrect wire to tct oMaeaaa
uatun and Chlcaao.
V««l.O«fcler
and oarefal aueuU}a to lUe lotareeu of
THE CHRONICLE.
6-^4
:i^lxc
United States Bonds.— Government bonds are quoted lower
week for the 4 per cents at 116(3,117. The closing prices
at the N. Y. Board have been as follows
^^BtXU,
§nnktts
this
:
DIVIDENDS.
irame of Company.
KallroadB.
,••""_,
Catawlssa pref
Ohio. & AJt pref. andcom.(quar.)
N. Y. Prov. & Boston (quar.)..
oid Colony
Pennsylvania
-
-
Pitts. Ciiin. fhle.
&
-.
St. L. pref...
I»II»ccllaiie»u».
Co
I,4diigli Coal & NaT.
[Voi, LIIl.
Books Closed.
Per
When
Cent.
Payable.
3^
Nov.
Deo.
Nov.
$2 90 Deo.
Nov.
3
Nov.
2
2
21a
2H
Nov.
( Dayt
inclusive.)
19 Nov. 1 to
1 Nov. 11 to
10 Oct. 31 to Nov. 10
to
1
28 Nov. 1 to
20 Nov. 11 to Nov. 19
to
25 Nov. 1
28
Interest
Oct.
Nov.
Nov.
Nov.
Nov.
Periods
31.
2.
3.
4,
5.
991*1 * 9i1l2
reg. Q.-Mcli.
reg. Q.-Jan 116?»; *116%
•116%
'11634
(J.-Jan
coup.
*111
reg. J. & J. '111
*112ia
'11218
reg. J. & J.
*115
reg. J. A J. '115
88,
68,
6s,
6s,
68,
our'cy,'95
our'cy,'96
our'er,'97
cur'cy,'98
our'oy,'99
rest. J.
reg. J.
:.
&
J
J.
1171s *117i«
*120
*1Z0
99I4
99I2
'
48,1907
48,1907
WAI.I. STREBT. KRIDAV. NOV. 6. 1S91-.'J
Sltnatlon.-The MavThe Money Market and Financialthe general elections on
and
erick Bank failure on Monday
week against
:
116
111
111
*1121« '1121s 1121s
1141*
115
115
;ii7
111
116>4
•11714 '1171s '117
'120
120
'1191s
•Thlsis the price bid at tnemoralns board; no sate
was
iuaaei
in gold for
various coins:
Fine sliver bars.. 9439 a
— 90 a
Fivefitijos
Mexican dollars.. — 73 is 9
76
72
®
4
XXReiolimarks. 4
Do uncoinmerc'l — — **
4 78 a 4 85
25 Pesetas
—70 a
Peruviansols
Span. Doubloons. 15 50 a 15 70
Mex. Doubloons. 19 50 ®15 70 lilngllsli silver.... 4 80 9
—
75 a
dollars
trade
prem
U.S.
par -aH
Fine gold bars...
Sovereigns
Napoleons
991a
•116% II6I4 116
tt
Coins.— The following are the current quotations
P.M.
Nov.^
116.
$4 83 «$4 87
3 85 ® 3 90
— 95
— 95
— 75
— -
— 72
the adverse circumstances of the
4 90
Add to the bank trouble
•which our markets had to contend.
for money here, owing to the
the resulting effect of high rates
situation which
withdrawal of funds for Boston, and we have a
GoTeruinent Purchases of Silver. —The following shows
at the^Stock
anything but favorable for active dealings
amount of silver purchased by the Government in Nothe
bank failure
It is quite remarkable that so large a
vember
that were
«>uidtake place under methods of management
to the banking
most reurehensible, if not positively alarming
current of
Price paid.
Outlets
Ounces
community, without disturbing more seriously the
purchased.
offered.
of the general
th"financial markets. It is pretty good proof
tlie
and
in general,
a
confidence felt in the soundness of banks
reported
on a fictitious basis, that Previously
468,000 $0-9500 ® $0-9580
belief that prices of securities are not
1,203,000
2
November
4""'
Boston.
763,000 $0-94-i75® $0-9500
'1,685,000
no great flurry has taken place either here or in
and
6'
475,000 $0-a475 ® $09478
1,004,000
The prosperity arising from heavy movements of grain
'^ $ ......
concerned.
puroliases
is
•Local
first
the
cotton is being fully realized, so far as
remul,7O6,OO0!$0-9475 ® $0-9580
The movement of wheat from the Northwest at good
•Total in montli to date. -'3,892,000
section, and
nerative prices is quite unprecedented in that
* The local puroUasos of eaoU week are not reported till Monday o f
Bepockets.
farmers must begin to feel the money in their
approaching corn tratbc, tlie following week.
sides the wheat movement and the
even at the
State and Railroad Bonds.— The sales of State bonds
the demand for oats to export is very large,
feature, include $10,000 Tenn. settlement 58 at \Q\M, $25,000 do. 3s at
high prices, and this comes as a comparatively new
both for the farmers and the railroads, as the Europeaa de- 691^, $3,000 Ala. "A" at 100Ji®101>i and $5,000 Ala. "B"
mand for oats has heretofore been supplied to a great extent at 107.
.,
.
Railroad bonds have not been generally active, and prices
by the Russian crop. At the South cotton moves very freely
prosperdrawback
to
Texas
the
yet
a
was
are
bond
prices
low
prominent
the
but
The
most
lower.
have ruled
to market,
itv.
Pacific 2d income, which was sold very freely and closes at
"in our money market the drain for Boston sent rates up 381^, against 33 last week, the large sales being attributed by
to 16 per cent for call loans, but this was exceptional, and some to the failed firm of Berlin bankers and by others to the
they soon relaxed to 6*7 per cent as outside figures. Time Gould interest, though the latter hardly seems probable. It
money on good collaterals is in fair supply at 5;rt:5J^ per cent. is well understood that the holders of one-third these bonds,
The" open market rate for call loans during the week on say about $7,750,000, can request the trustee (Mercantile Trust
stock and bond collaterals have ranged from 3 to 15 per cent, Company of N. Y.) to take possession of the property if the couthe average being SJ^ p. c. To-day the rates on call were 5 to pon due March 1, 1893, is not paid. The American Cotton Oil
Commercial paper is quoted at 53:6 per cent.
10_p. c.
8 per cents have been in demand up to 10 1>^, on the good
The Bank of England weekly statement on Thursday sho wed showing of the company. There has been no particular
a decrease in specie of £355,000, and the percentage of reserve feature in other bonds, except that they are usually 1(^3 per
to liabilities was 36-73, against 33-53 last week the discount cent lower than last week, and some of those selling ex-coupon
rate remains unchanged at 4 per cent. The Bank ot Eranco since November 1 look cheaper at their present prices, for iiishows an increase of 3,000,000 francs in gold and 400,000 stance, the St. Louis Southwestern Ists at 66. The St. Louis
«
francs in silver.
Southwestern incomes have been among the weak specjThe New York Clearing-House banks in their statement of alties and close at 293^, against 31 J^ last week.
Nov. 6 showed an increase in the reserve held of $389,500
and a surplus over the required reserve of $13,333,535, against
Railroad and Miscellaneons StocliS.— The stock market
$12,391,150 the previous week.
has been irregular and generally weak, with the lowest prices
towards the close. The elections and the Maverick Bank
Different sfrom
1890.
1S89.
1891.
failure were the two principal paints relied on by the bears,
Prtv. week.
Oct. 31.
2^01!.
1.
Nov. 2.
but on the other hand were the strong reports of earnings recently made by many railroad companies and the |)rospect of
*
$
Tlie
Capital....
59,372,700
60,812,700 60,762,700 still larger earnings when corn begins to move freely.
Surplus. ..
64.931,000
62,331,600 55,945,100 latter influence is of longer duration than tlie former, and
Loans and disc'ts 407,974,200 Ino .2,371,800 399,791,900 396',14'3,000
the present halting position of the market, giving time for the
3.fi03,400
Circulation
5,.595.-20O Inc.
19,200
4,O56,'200
distribution of stocks on the higher level of prices that has
Set deposits
;418,169.100 Ino .1,768,500 396,284,500 402,117,700
Specie
83.544,900 Inc. 1,334,800 77,671,700 72,797,600
been reached, is about as healthy for the future prospects of
-- —
Legal tenders.... 33,335,900 Dec. 945,300 ~"
22,101,400i 28,85i,300
the market as anything we could have. Stocks and income
Seserve lield....lll6,880,800 Inc. 389,500 99,773,100 101,649,900 bonds ought to rise in the long run by keeping pace with tlie
Legal reserve
I04,54'J,275 Ino. 442,125 99,071,125 100,529,425
increased income of their respective companies, and the
earni igs to develop and
Sorpliu reMTve. 12,338,525 jDeo.
52,025
701,975
1,120,475 present waiting period gives time for
for the most promising stocks and bonds to cut loose from
Foreign Kxchange.— The rates for sterling bills have been those that depend for their buoyancy almost entirely on
firm the last few days but easier to-day commercial bills are market booming.
reported in moderate supply and the demand for exchange
The '- big four" of the market— St. Paul, Burlington, Rock
fair.
Cotton exports are getting large now and amount this Island and Atchison— the four stocks that have been leaders
week to 281,219 bales against 276,956 bales last week. Gold since July, have all sold off this week in spite of the larze net
afloat for this country is estimated at $3,693,000.
Actual earnings lately reported by three of these companies, Roclc
rate for exchange are Bankers' sixty days sterling, 4 SO^^ffl
Island being tlie only exception,owing to the lack of old com
4 80J^ demand, 4 83;^(ffl4 83^ cables, 4 84@4 841^.
on its route. Perhaps the course of these stocks shows the iinPosted rates of leading bankers are as follows :
mediate temper of the market better than anything else, and
shows how much the circumstances above referred to in the
November 6.
Sixty Days.
Demand.
first paragraphs have influenced particular stocks, however
strong their position. Chicago Gas, with the usual crop of rumors
Prime bankers' sterling bills on London.. 4 81
4 8lis4 84^^4 85
Prime coiniiierciaV
about agreement with the Economic Company has been
4 79>4»4 79ia
Documentary commercial......'!!!."! .r. 4 78^*4 79
active and closes at 57. Cotton Oil, on the good financial exParis bikukers (francs)
!!!!!!!!! 5 2438<*5 23%'5 Sl-'saS 211* hibit in its report, closed at 363^, though the directors pay no
Amsti'fdam (guilders) bankers..'.!!!"'!'!! 39i'i«a39''8
401,6* 401a dividend on the preferred, as they keep the surplus earnings
Frankfort or Bremen (relcbmarkslb'nkers
941839408
95 a 9519
working capital. Northern Pacific preferred has been
The following were the rates of domestic exchange on Ne«. for
Tlie coal
active, closing at 71I4, against 1i% last week.
^ork at the undermentioned cities to-day: Savannab, buyin)! quite
stocks have not improved as a group and tliev remain weak.
par, selling, ]^ premium; New Orleans, commercial,
$1 35 Among the Vanderbilts the C. C. C.
St. L. (Big Four) has
discount; bank, 50c. per $1,000 discount: Charleston,
buying
active to-day, declining from 70 to 68 at the close.
most
been
^(a3-16c. discount, selling, par; St. Louis, 25c. per
$1,000 disThe unlisted have been dull. Sugar closing at 82}^ and Lead
<50unt; Chicago, par.
at 13^. Silver bullion certificates are down to 94J^.
Sesday were
w^
ExcSe.
:
|;ji
.
;
I
1
1
;
:
;
;
^.
I
I
!
&
•
November
THE CHRONICLE.
7, IHUI.J
NEW fOBK STOCK EXOllkS^E-AOVIVa STOOKH
Bd6
for iom% encUng IfOV. «,
and
HIOHSBT ASO LOWS8T FBIOW
STOCKS
BatordaT,
UoodsTi
Oot. 31.
KK.
AetlTe
iitoblBou Toi).
Si
Mtocka.
Sauta Fe
43>4
"6i«
Atlantlo <& i'acltlo
OsnaiHaii I'licitlu
•8719
6OI4
1141a 115i«
(if Now Jersey
Central Faotflo
,
dtesuiivake i& O., vot. tr. oert.
I)o
do
l8t pret
Do
do
2d pref
Oeutriil
A
Alton
OhlcaKOMUwaukeeiSeSt.Paul.
Do
Ohlcaffo
pref.
ife
Do
32
'2&ii
58
Northwesteru
pref.
98 "b
'
75%
S>8
88\
ihH 25^
58
135
139
9816
97%
70
70
71i«
101
74%
7508
118% 118% 118
I
72
96
96
38>t
142
97I9
7514
115!|i
118%
116%
138
140
3379
Do
Do
31% 81%
3119 3II9
I28I4 129
127»4 129
139 140ie 139>4 140«4
•18
20
Do
_
2d pref.
Wew York Lake Erie M'est'n
Do
pref.
new » ork New England
New York New Hav. & Hart
New York Ontario A Western
New York Susquehan. & West
Do
pref
Norfolk & Western
<fe
.
<fc
„
fo
.
pref!
Northern Paclflc
^^.
D"
pref.
Ohio & Mississippi
Ohio Southern
Oregon K'y & Navigation Co!
Oregon .--h. Lhi^&trtab North
Peoria Ueea'ur & Evansville.
& Read., vot. trust, cert.
Pittsburg Cinu. Chic. & St. L.
Phlla.
Do
_.
Pitts, ii West
.
pret. tr.
oref.
certs.
Blohmond ifeWestP'tTermlnal
„,
fUo
Do
pref.
Grande Western
Do
pref.
Some H atertowu & Ogdensh
Bt. Louis
»t. Louis
'I719
6I9
6
44>9
1719
4l>a
43>« 120,0«&
88
88
69 >s
101
75I9
68
68 >9
74%
101
75I4
8118
33%
94
31
14
13>9
111
30
19 >9
<13
I919
61
124
96%
79
47
I
19
47
6
44>9
1319 14
iimiim
IOII9
IOII9
9%
•27
19
6II4
123
9%!
30
I9I9
OII9'
l'J3
79 19
32 19
93 19
68
95
8019
um
61
I23I9
1221s
96% 96%l 96
97I9I
77% 78141 7678 78
23)8 23%
2178 2178
9U>4lOO
&
j
louig 100%
19>9 19%l -18
20
10519 106
IU5I9 106
•78
"75
84
83
109 1 12
109 112
6I9 7
'6)4
7
I
59% 59%
SO'8
SO^g
44
30
*68%
4419!
30>4'
69i«!
A Lake
'225
230
•919
*36i9
*17
•52
10
38
18
53
Do
Weago
Gas
ctfs.
pref., temp. ctfs.
Co., trust rec'ts.
Oalorailo Coal
A
gjnsoildatod Gas Co...!'!.!!!
Dtatilliug A Oattio Feed'gCo.
gaison General Electric
•Mo ual Cordage Co
_
'>o
national Lead Trust
pref.
•2719
27%
74
74 >4
25;
1919
2414
23
20
20
38''g
39%
19% 19%
38^8
27
67 14
26
•26I4
67
6619
39
"I'sis
58
58
41''8
41 '8
'57
60
4II9 41>9
7219 72I9
110 IIOI9
73 14
"14
86
245
2.136
630
310
000
200
Line Certlflcates'^'!!!!!!!
Pullman Palace Car Co
„
Mlver Bullion Ceniflcates....
Tennessde Coal A Iron ..
.
D:)
28,699.
13%
1.315
112,690
100
26% 27%
28>9
77%
18%
51
83)4
93>4
55 >4
36
27
51
83 1«
9314
57
.3619
•99% 101
51% 51%
98
92%
*98i9
98
93 >9
99 19
16
zeu 27>9
50% 52
8214 83^
93
93
I
51% 51%
97% 97%
93 >4
99% 99%
16
16
18>4
18%
pref.
western I'ninn Telegraph
* These are the
pricea
Wd and aakedU
•24
„
I
no
Bale
made
18% Oct
* Prlcea
trom
t)«tt
xeh»B«M. xBxdlT.
|
6
1
2
Mar. 9
19 Jan. 5
14% Jan.
257b Aug.
12% Jan.
48 Jan.
28 Jan.
10% July
49% Aug. 1
23 Jiu. 2
5514 Jan.
2
X 105% Julys
120 Jan. 6
6 June 11
12 Aug. 4
24 Jau. 16
85 Jan. 6
100 Jan. 2
23 Jan. 16
Jan.
I
20i4
8ept31
82
Jan. IS
Apr. 38
30
24%8ept24
43% Sept 31
387,
Oot 33
68% Sept 23
43% Aug. 35
19%
76%
44
Pell.
7
Fob. 10
1
May
7578 Sept 18
114% Apr. ll
122% Jan. If
10
Oet 20
19% Get 31
38\8epl. 21
00% July 37
115% Oot 26
44% Sept 38
11%Ju1t27 16% Sept 21
June 30 21
e
Apr.
61
June 8 88
Sept. 21
Jan. 13
Feb. 16
32% Aug.
14
8%
3.664 33% Jan.
16,595 57% Jan.
1,263 85
Feb.
5778 100,411 34 Jan.
36% 3,076 27% July
694I 92% July
8.700 41% Feb.
1.2-6 88 Jan.
4,180 73% Mar.
652 98 Not.
5,728 14% July
21,749 1 1 %'J.-in.
100 15% Jau.
8.720 31% Jan.
89 ijanMM 51% Aug.
Nov.
.61 174
174
04%481.0i>« 94% Nov.
4.400 24% July
37
80 Jan.
90
81% 3.612 Trt J:iii
57>«
56
35'8 36^
•99 -9 101
93
41 7^ Sept 30
Aug. 4
Aug. 17
19,0071 1579 Jan.
25
.3619 37
37»9
37
5878 5914
59% 60%'
I8919I8919 11175 175
95>9 95^8
95% 96
36I4 37
36%
36
•90 100
•90
100
82 >4 '«1% H2%
82
25
7|
11 52% Apr. 38
Aug. 11 24% Jan. 14
Mar. 10 16 Sept 18
ie7aJan. 1 34%K«pt21
8.9'.>5 29% July SO 30% Sept St
2 80 Septtl
6,295| 67% Jan.
050. 15 July 30 28% Jaa. 14
4014
1919
38 >4
2678
Aug.
46% Aug. 6 57% Jan. 14
20% July 30 307, Bept 23
58%July 3l| 78%Bept31
1 5 % Mar. 1 1
26% Sept 18
480 13
100 45
78
I
Pi|>e
_
12,385
18
48
84
•24
Paoiflc Mail
2514 8ept 10
107% Oot 30
21
65
26I4
i6i9
'13'% "li'14
72
14
14
80
23 19
2414
18% 19
Oreron Improvement Co
I
6
Aug. 3
7% July 30
10,765
66,337
18
74
16
orth American Co
Apr.
6% July 30 11% Sept 30
pref.
pref.
82% May
29 >« Apr. 27
109
3%
25
13
'""pref!
Erie
Do
May
May
6g>4 8ept21
I26I4 Oet.
5
09l4 8eptl6
93 Jan. 18
19 113'4 8ept31
9 Aug. 34
18
AU'.-. 24
llWMar. 14 20 Sept 18
li<% Mar. 6 29% Sept 17
54^0ct 2 77%8«pt31
306 26 Jan. 21 45 Sept 21
100, 79% Aug. 17
May 29
9819 July 28 115 Oot 21
0819
I
19% 19%
Gulf
Am. Sugar Eef.Co..temp.
70
o
1319
wwco nsin Central Co
nUrrliaiiooiiH Siockn.
American Cotton Oil Co
944^53 July 31
6,295 xl05i9Joe30
650 86 Jan. 3
28,974' 657, Aug. 14
800 18 Mar. 9
995 95 July 30
200 17% July 29
1,220 87I9 July 30
38% 39%
Pacific
Wneellng
Do
_.
Si
i
22% Oot 18
57 Jan. 2 84 Oct 10
23 Jan. 2 4719 Oct 14
17i9July 311 S17gO<,t 7
47 19 June 29 72% 8ept IS
31 July 30 43 Septal
225 July r> 271
Keb. S
14 July 30 23% Sept 17
.
&
a4T,0(it.
1
n
pref.
Onion Paciflo
Union Paciflo Denver
rab. 34
no
Ann Arbor & N. Mich.
& Ohio Central
Do
pref.
Wabash
Dc
_,.
JUM 39 I93«Apr.
July 80 SH Bep<.af
July 20
July 31
M.«y 12 3919 Oct. so
Mar. 7 l(K)SH<ip|.38
635 41% Jan. 3 73i9i^pl.31
6 83 Jan. 2 103i9fl<ipt.31
,.„
113,708' 50% Jan. 3i 7614 orL as
7,237 10519 Jan. 8 123 Sept. 31
8,985 loai* Mar. 9 117% Oot 38
„ 140 130 Mar. IH I38I9 Jitn. 13
32,091 63% Mar « 87:s. Hept 21
3,30<) 21
July 30 357, Hopt23
11
Toledo
Toledo
„
47l«B«pt.n
10
Au(C.
72 14 Jan. 6 01 ftntii
47% July 30 6IW0X. ii
33 If
03 >9
22.% 77i«Jiin. 211 »«% Oct
70
28.885 .10% July 30 7419 Sept 31
96
670 00 July 27 98 Jan.
31
31>4
1,700 22 July 31 34%8«pt.3«
I2t>9 12019 U.tii7 12119 Nov. OUmSept 8
13614 I38I9 73,396, 130% July 27'14.%% Sept 21
18
I314 July 30 21
(Xt 3
47
300; 40 July .30 637, Jan. 14
6
6
250, 5
Jnly 30
814 Jan. 14
44 50
lOOl 42
July 20 66 Jan. 14
13)9 1319
400 97HJuly 30 lOigJan. 14
tlll>9 l''el>. 5 129
Apr. S
110 110
440 72 Jan. '-'Ill Oet 3S
IOOI9 101
032[ 90
Mar. 9 l04i9Qot. 31
914
9)4
160
6 Aug. 10 12 fileptlO
28
28
25! 20
Jan. 3 33i«B«|it21
19
19
1,3501 12i9July31 JlieOct
5
St. Paul Minn. & Manitoba...
Bouthern Pacltle Co
Texas
4%
H9?
9,046
pref.
..
34% Mar
300
6««
•
25'»9
Alton & T. H., pref.
Southwestern
„ Do
•t Paul & Duluth
-. „ D«
60
27
pref.
16
80
33I9
90
10
47 14 47>9
Louis
Mobiles Ohio
94
23% 2378
100% 100)9
'16%
60
74%
31
96I9
7814
'I4I9
HKkMt
60
68>a 60^
11319
2,621 ion 14
•32
33
31 32
20
247) 3&I9
24
4.8161 UI4
247s
55
56Si S7i4
5619
2^16, 42
38
38
3.'\% 87
900 22
137
142
135 142
.. 10123
06 19 0778 06l« 07% 6«,470|
75%
60% 70%
123
Loui»ville& NaahviUe
LouIbv. New Alb. <fe Chicago.
Manhattan Elevated, consol..
Mexican Central
Michigan Central
Milwaukee Lake 8h. & West..
Mashv.ChattanoosjaiSrSt.Lonis
New York Central & Hudson.
New York Chic. & St. Louis ..
Do
Istpref.
3i%
10219 102)9
•919 1019
2519
LoWML
Bbaru,
6.
11319113% 113
71%
lU
Do
pref.
, ^
I/ake Shore & Mloh. Southern.
I-onB Island
Do
pref.
Mo. K.& Tex., ex 2a m. bends.
Do
pref.
„.
Missouri Paciflo
6i4
8II9
1319
Western
& St.
42'*
88<W
6919
31l9
45
pref.
Do
41%
88%
*
71
•«
2d pref.
Minneapolis
00
76»«
•1719
Istpref.
lb
Mot.
5.
128 129% 125 12719
139% I4OI9 137% 139%
Bvansvllle & Terre Haute....
Great Northern, pref
Illinois Central
Iowa Central
Lake Erie
e8>«
7l'«
7514
•91
&Ga
Do
40
180
09
34
94
pref.
fiast Tennessee Va.
Not.
118% 110% II8I9II9
117% 11819
llli's 116% 115%116>4 114% 11579
138% 138% 138 138
71I9
71
I
20 ••
60
139>9 13919
81's 82i«
81% 82%
33>9
'90
lalMl.
WMk,
l^day.
'
2519
88
38
68
3;j]9
142
99
72
102
11608 116%
138>« 139
•71 19
48l«
0>4
8Q>«
50% eoi«
114i()115l«
6««
89
33
2619
TliurMtay,
42%
59Tg
6d
aeve. Clnoln. Chlo. A St. L. ..
Do
pref.
Coliinibus IlocklnitVal. ATol.
Delawari- & llud.wii
_
42!||
fiifl
*32
82I4I
33T8J
9419I
Do
41%
•87!W
KaD^aof
of tb*
WednsMlaTi
KOT. 4.
1U%1I5<«
S3
CUoaKoRook rsland&PacIHo. 82
33T9
OhioaKO St, PuiU Miuu. & Om.
Do
pref. *92
Delaware Liirkuwauua<Sc West
Denver & Klo Grande
2.
5919
39I9
'38
•137
&
BurliiiKtoii
Qiiinoy.
Ea9t«ni Illiuuls
pref.
OUoaKo &
Do
89
60
Canada Souiheru
OhloaKo
ClUoago
13i«
51s
Tueaday,
Not. 8.
Nov.
IWl.
titua JAtf. I,
Balm
,
LowMt U ex dW.*
SO
68
3
3
17
Apr. SS
Apr. SS
03% Sept. SI
08 BepCSl
3 6f)% NVT. 4
90 SO%Mar. 16
3 101 Oct 3S
16 5478 8»ptl6
27,
Sin
11 104
6
28
Fob.
S
May ST
110%Mar 7
21% Jaa. If
2l%Oot.
2
7
S2% May
•
1
26 41% Feb. SS
7
H
«1
1-.X!%
Feb. 10
Jan. 14
5 lo7% Jan. 14
30 41% Or^ I*
«
(M>
-•
•^'M«!«eptl>
rt«hu.
I
fl»p«.Sl
Ex rKM>>
THE CHUONICLE.
666
[Vol. LIIl.
NEVf YDSK STOOK EXC1IA.NGE PRICES (Coatian^l)— INACTIVE STOCKS.
Xov.
Inactive stocks
Range
6.
II
..100
100 160
Cliarlotte Air LIT-. -.100
88
Bellevillo & South. 111. rrcf....lOO
100
Boston & N. Y. Air Line prel
130
Atlanta
&
<fe
Pitts
Preferred
Preferred
&
Atlan.ll
PreferredlF
niut & Pere Marquette
Prjferred
Oeorsia Paeifiolf
Green Bav Win. & St. Paul. ...100
lOOi
Houston iS Texas Central
100 *
Illinois Central leased lines
lOOi
Kanawlia & MieliiKan
100[
Keokuk & Des Moines
100;
Preferred
liOuisv. Evans. & St. Lo., cons. 100,
100]
Preferred
IflO J
louisv. St. Louis & Texas
50.
Mahonins Coal
Preferred
50j
11
—
Memphis &
135
99
June 140 May
June 1031s Feb.
30 Apr.
Apr.
30
74
20
13
Sept.
Cliarleston
Mexican National
»4
90
10
144
6I2
1
11%
5
3
2
13
90
10
1
7
23
55
5
AmericLnBank NoteCoH
Mar.
8I4 Sept.
17% Oct.
27'>b Sept.
June
86I9 Apr.
8% Jan.
12% Oct,
4I3 Aug.
July
July
Jan.
July
Bept
Feb.
Jan
May
90
16
Feb.
6
Aug.
ISifiApr.
30I2 Jan.
Aug
63
18
85
Jan.
Jan.
Mar.
151s
Jan.
70 July
75
112 101 Apr. IO912 Apr.
40 Jan.
22% Oct,
25
5 Is Aug.
Jan.
5
lOOl
1371* July 1 48i« Mar.
50 UliJa
104 Jan. 110 Mar.
100
16 Mar. 22 Apr.
100 16
18
June 113lOct.
100 I 93i III4 5
.lOO 152
134 149 Jan 1521s Nov.
Jan.
'
SECUEITIES.
100 148
43%
ISO
134
Oct.
150
Feh
113
Jan.
123
Feb.
Mar.
Pept
Sept'
451*
7812 June
961s Oct.
9 June
69
81
821-2 .\pr.
101% Mar.
June
July
7715 June
14
21
Jan.
80
86
92
Mar,
July
Mar.
July
I0313 Jan.
231* Mar.
12 July
1933 Jan.
137
Oct.
40
May
2SI4 Oct.
211s Sept.
60 Jan.
16
15
68
Mar.
16
Jan.
2313 Sept
May
Sept
Jan.
May^
Fell.
24
May
Jan
38
Fet),
Oct.
6~8 Jan,
40 Fob.
Aug.
23
34
20
14
13
44
Nov.
Mar.
ig'gApr.
70 Jan.
5018 .luno
;
137
Oct.
4238 Jan.
33 Oct.
May 290
38
60
3%
Mar,
83
181s Oct.
22 Oct.
9I2 July
>
1
SECUEITIES.
Ask.
Bid.
BONDS NOVEMBER
VVilQ^^.— STATE
Feb,
145
Jan.
New York
City
Bank Statement
(00< omitted.)
Baokot Ne\r York.
8rchant8'
Mechanics*
America.
Pbenlx
Olty
Tradesmen's
Otaemical
Mercbante' Kxchange
•allBtlu NationiU.
Butchers' £ Drovers'
Mechanics' dt Traders
Ch-eenwlch
Z«eatn6t Manufact'rs.
.
Seventh Natloiuil
New
Survlut.
Loans.
apecit.
LtgaU.
*
»
t
t
%
York....
American Exch.auge..
Commerce
Broadway
Mercantile
Faolflo
Bepnblic
Obatham
Peoples'
Rerth America.
Hanover
Irving
Oldzens'
750,0
300,0
600,0
1,000,0
300.0
400,0
200,0
800.0
300,0
1,200,0
5,000,0
5.000,0
1.000,0
1,000,0
422,7
1,500,0
450,0
200,0
700,0
1,000,0
.100.0
800,0
500.0
760,0
600,0
600.0
1,000,0
Haamn
Markets Fulton
Bt NIcholai
A 1/eatlier
Oku Kxcliange
ODntlneotal.
Oriental
Importers' A. Traders'
Kant RlvBr..V.""ir"
Fenrth National
Central National
Second National
Htnth National
First Natumal
Third National
"'
"
K. Y. Nafl hxcbRDKe
Boirery
York Connty
Oermar A nii;rlr4in "
Ohaee Nulonal....
WUtli Avenue
.
Kxchaage.'.".
Germaula.. ...
Halted Suiea
•.
.
l«tncoln
Sarfleld
Fifth Nallonal
Baak of the Melrop.
WeetSlde
BeatwanI
Blxtb National.
Western .NntionU...
nnt Natiaual,B'klyn
T«*l
1,896,7
1.638.2
P40,6
1,971,
2,0.'iO,3
445,2
2,4 84,1
12I,'2
6,673,6
164,0
i,Bes.s
301,6
414.V
149,n
667,8
70.2
505.7
2,109,0
3,331,0
1.6.i8,3
1,,')20,7
4.!'<,3
988,--'
b34,4
321, :i
575.6
1,8S)3,S
312.U
4:4.7
11,460,0
10,541,0
7,47<>,7
8,204,0
14,723.4
4,310.0
9,612,8
1.81«,9
22.308.9
3.430,9
6,145,1
1,730,7
2,130.0
1,116.5
3,013,»
1,272.9
3,325,9
ll<,51(i,0
19,014,(1
5.621,2
7.677,4
2,870,0
9,>'6*,?
6.0.i7.0
2.2t;l,7
4,7.19,3
14.314,3
3,119,0
li,89(i,3
244,!>
2,814 8
778.7
4,(.P2,0
112 9
1,937,8
2i3.1.8
',i.8;0,0
1,1882
1,000.0
283,ii
300,0
408.1
7.03
l,i
4.3SU.1
1,980,0
i,5on,(,
.VJ31.1
22.4!l«.«i
2.000.0
i.im,»
2/!,97.'^,8
250.(1
I4i.:>
1,122,9
19,0ll,l
6,»c2,0
4,432.0
2.4 4«.0
3,200,0
i,7.a.o
'i.OOU.U
64i',d
300.0
7S0.0
600,0
1,000.0
300.0
350.0
408,".
'200,1,
750,0
600,r
100.0
300,0
300,0
600.0
800,0
200.0
150,0
800.0
300.0
600.0
200,0
2.100.0
800.0
270,3
8,800
32,7
160.5
490.5
679,2
277,1
1,C3H,»
8U0.2
6lb.9
6(i3.3
eso.'i
85!<,7
8K6,0
301.4
6:oi.7
242.0
18t,8
360,8
23,700.9
3,iu3,b
1,112.3
2.509,11
2,9,19,3
2.781.8
12,I97,S
4,611,9
2,80b.
2,618.5
4.6li3,;;
4,067,6
8,5S9.7
1,S7,^,3
>,99(>.y
2.:(I2,0
3.575,0
1,681.0
8,2
800,7
1
New York
week endiug Oct.
OaptU.
2,000.0
2.050,0
8,000,0
2,000.0
8,000,0
1,000,0
1,000.0
Santiattan Co
for the
We omit two ciphers(00) in all eases.
as follows.
1, 1891, is
2,030,0
2,158,0
1,93 !.l
1,833,0
2,849,3
60 1.0
3,559,6
328.7
7,335,8
481.6
033.4
235,9
293,0
172,8
416,7
870.0
646,0
199,U
649.0
l,18f,4
.171,0
1,382,(1
1:(2.7
1,848,1
l(i4,y
260,(1
l!o!li
890,1)
277.5
6911,3
40'<,2
l,01.->.it
6(1 6,
3,439.8
1,322,8
2,785,9
13,592.0
14,038,1
4.65 i,3
8,265,2
3,424,8
10,424,
34(),.i
3,202,6
5,114 5
15,647,1
374,0
5
319,H
176.8
312.4
.'.73
3,087,(1
3.320.4
3,l:'8.8
SS'2.8
4,211.7
243,4
l,8.-,7,0
36,i,(i
3.120,11
23o,0
17»,7
5,03:i,5
,5,3?5,0
6,8'J4,4
1,817,0
l,63S.O
162.9
1,117,6
40J,0
195,0
304,9
1,115,8
60;i,l
228.5
170,0
13(1,11
5,966,0
1,900.0
21,108.0
28.493,6
91!1,6
19.433.8
7.881,0
6,2«1,,0
8.187,8
22,3112,9
2,81i?,9
1,322.7
2,7H0,0
3,290,0
2,5 6,4
404. ri
VSl.l
2.2:(8,5
1,302,-,!
l:i,84^,9
l,Uo5,4
1 85,2
248,7
456,8
32>',0
4.16,4
4.h79,3
8,294,7
8,;n;.7
6,'. 93.9
4,726,1
3.B50,b
1,921.5
4,768,3
2,222.0
4,013,0
1.518,3
1,031,2
97,2
8(
8.i
50.',
,110,4
270.9
216,1
318,1
259,0
199,0
313.0
l.OSi'.O
314,0
712,0
178,0
V. York.'
*
Oct.
"
"
1,31(1,0
.'11,6
1,384.3
1,32(1,7
3.697,0
».dl7.5
361,0
3'6,0
3,87.1,0
S».»71i.7 84.(>»l.o' 407.1174,2 1-3.644,9
33,335.9 418!l89.1
L
Loans.
Specie,
Oleannt:
Oeposits.i Ci-'d'cn
urgalt.
lO?, 592,8 5,621 6 8114.460,81
404, 751,3 5,031 7 739.7441
413, 139.8 5,579, 1 724,263,8
416,400.6 6.3 70, 0i0n2.57'i.»418, 169,1^5,595, 2i6i7,033,3
405,833.5 64.158.8 :19,1.692.1
401,842,3 70.076.9 37, 750,4
4(15.351.3 75,900,0 36, 414,6
403,6.12,4 82.210.1 34 ,281.2
407,974,2 83,314,9 33, 335,9
24....;i24,303,
"
I
9S
3....!l21.S40,
10.. ..11-28,064,
17....'l'i4,303,
31.... 124,303
Boston.
65.842
85,842
61,612
154.612.7
154.430,4
17....
24....
35,793
35,783
3L...
35,793,:
97,871,0
97,8:2,0
97,703,0
Oct.
17....
"
24....
31....
"
100,531,1
i,972,h 131,,»95,3 3,965,
:,584,:^ 131,,181.64,113,
1,118,5 131,,931,74,093,
8,7«F,8
8,892,0
8,776.1
140,'212,8
95.63'i,»
96,113,»
FbllR.'
Oct.
"
•
Wtonll tt03 cip\e
delpblit,
2,2(15,0
i.on,<,2
8,2.i7,8
36'<,3
62,1,0
11,670.3
1,760,4
24,516,8
•(
13'i,b
111,2
srb.u
3,^5.1,0
3,9:14,8
1.217,11
1,6'J4,7
4,067,7
1,848,0
1,113,0
734,1
4,6^5,8
92.7
7,7^8.2
6,984.0
14,825.7
4,241,0
1,741,5
2,614,0
2,561,4
85,(1
10,73.').0
5115,2
206,7
121,0
507,8
l,74«,.'i
10,710,0
256,7
18.S,7
'i32.8
422.8
1,689,8
1,001,9
321,2
897.0
4,184,0
419,8
698,0
357,9
773,9
126,3
544,0
813,1
1,084,3
Dtpotitt.
{Capttrt/ dc
.Surtiliu.
I
Ask.
Bid.
99
S.C.(cont.)— Brown consol.6s.l893| 97
1392-18981
Tennessee- 6». old
1912 70
Comiromise, 3 4-5-63
110
1913 101
New settlement, 68
100
1913
5s
1913 6914! 7 01*
3s
Virgini.a— 6s, old
68, consolidated bonds
6s, consolidated, 2d series, reels.
6s, deferred, t'st rec'ts, stamped
Boston and Philailelphta Banks
City,
Bakes.
6.
SECURITIES.
Ask.
Bid.
to 5
I
Verman
16is SeptJ.
:
1
Hew
14
Apr
9%
..
100 :ii8
100 80
Am. Telegraph & Cable
American Tobacco Co., pref ..100 98
100
Brunswiclc Company
Chic June. Ey. & Stock Yards. 100
Preferred
100
Citizens' Gas ot Brooklyn
100 80
82
100 15
ColumbusA Hocking Coal
100 135 138
Commercial Cable
100 26
Consol. Coal of Maryland
30
Laclede Gas
100 18
19
Do
100
pref
Lehigh & Wilkes. CoalU
15
18
100
Maryland Coal
21
21
Minnesota Iron
100
81
National Linseed Oil Co
100 21
23
National Starch Mfg. Co
100 32
34
100
10
12
New Central Coal
40 14
Ontario Silver Mining
100 39
Pennsylvania Coal
50 250 230
100 lOlis 103
P. Lorillard Co. pref
Phila. Natural Gas
50
3414
Postal Telegraph— Cablell..
33
Quicksilver Mining
4
5
100
I*referred
100 211* 22
17
19
Texas Pacific Land Trust
100,
100 501s 52
U. 8. Express
100 138 143
Wells, Fargo Express
1906 10012 IOII2' New York— 08, loan
1803 101
1906 1061s 107
North Carolina— 6s, old
Class B, 53
J&J 30
93I3
1906
Funding act
Class C, 4s
1900 10
1920 951a 961*
Currency f undine 48
New bonds, J. & J. ...1892 1898 20
13
Arkansas—68,fuud.Hol. 1899 1900
7
Chatham EK
3
Special tax, Class 1
do. Non-IIolford 150
183
3
i
7
7b, Arkansas Central UK
3
Consolidated 48
10
1910 971s 100
1914 103
loulsiana— 7s, cons
6s
1919 120 125
Stamped 4s
Rhode Island— 6s, cou.. 1803-1894 101
861s
1894-1 895 103
Missouri-Fund
South Carolina— Os, non-fiiud.1888
2
3
Sboe
17
7618
;
Alabama— Class A, 4
State of
33
76
.
I
NEW YORK STOCK EXCHANGE
a
Mar
Aui
Aug. 185
5 Feb.
26I3 Jan.
55 Feb.
312 Jan.
35'
American Express
7^8 Sept.
Sept,
165
Sirjhetl.
miscellaneous Stocks.
AdarasExpress
Aug.
Jan.
15
180
15%
in 1891
(sales)
Lowest.
100
Oct.
Feb.
Apr.
100
100
100
Virginia Midland
Nov.
Morris A Essex
K. Y. Lack. & Western
K. Y. & Northern pref
Peoria & Eastern
Fltts. Ft. Wayne & Chicago.
50
Pittsburg & Western
No prloe Friday latest price this week
. .
Toledo Peoria it WestemU
Toledo St. Louis & K. CityH
9
June 152
76I4 Oct.
6
&
811s An.?.
4% Feb.
12
5
12
&
40
14
3^ Mar.
100 165
100
100 30
Saratoga
South Carolina
43ie Sept.
Jan.
Jan.
Apr.
29
:
Des Moines & Fort Dodge
8. liore
162
:
Burl. Cedar Eaiiids&Nor
California PaoiflcH
Cellar Kalls& Minnesota
Cleyeland & Pittebnrs
Oolumliia & Cireenyille pf
Dnhith
"27'
100
100 sgis 39'8
100
76H 79's
40
100
23
14
100
100
50 143 150
100
100
6H 1h
13
20
100
6I4
7
100
16
14
100
34
27
100
83
100 80
5
7
100
Brooklyn ElevatedT
Buffalo Eocliester
170
92
150
&,
&
liamc
6.
Ask
Bid.
St. Joseph
Grand Island
Bt. Louis Alton
T. II
St. L.
Ban Fran, let pref
May
Aug. 167>s
Nov.
Indicates unlisted.
Rensselaer
Alabama & Vlikbursi;
Albany & PusqiielrauBa
Indieatet actual sales.)
(t
Inactive Stocks.
Highest.
Lowest.
Lid. lAsb.
f Indicates nnlisted.
in 1891.
(sales)
'/»
i'l all
t;»:i9
(t((,,-«».
tae Item " d u9 to otaer bxukj."
60 253,t'
99,,3U,o'3,14t,
99,,.•506.0 3,167,
99,,570,0 3,191
28,907,
29,870,
29,848,
t i,i3 aliirf, cor
69,09f',»
66.156,3,
Jjs^oaaaJ
I'ntia
City Railroad Securities— Brokers' Quotations.
Atlantic AT.,Bl5lyn.St'k.
I
l(l,'k
1
28
Ist mort.. 78., 1 90(>-.J&J 110
Sr'dway fe 7th-Vv. -St'it.. 190
1st mort., 53, 1904 .J&D 102
3d mort., 53, 1914...J.feJ; 100
114
100
92
lirooklyu City— Stock
;s8
Ist mort., 5,s, 1902..J JtJ 100
B'klvn cnnBt'tt 5s., 1808 108
13kn.(J'yifeN'u5a,1938 J.tJ 103
95
162
102
1
Bank Stock LUt— Litest
lat mort., 7s,
BANKS,
prices of
Bid.
360
lUO
German Am. 12U
German Ki. 330
Germaula
330
Greeuwich.. 145
Hanover
345
i>i
lU stieij tais
Ask.
Hud. Klver.. 115
153>-2
45l)C
Im,
530
430
4800
600
1511
i75
250
Oommorce... 186
28<l
Leather Mts' 240
l,iucolu
370
Manhattan... 175
Market* Ful 220
Mechanics'.. 190
Ootuiubia
0)atiueutal
137
Corn Idxca...
115
Deposit
187
^
i.-fS
243
Fifth
Ave
FUth
...
i'oarth
iVO
iseo
Wii
250
113
i'/lkj
Merchants'.. 145
Merch'taBx. 118
Metropolitan
7
Metropolis... 370
Mt. -Morris .. 2.^0
Murray HIU. 300
Nassan
ItO
Bid.
2.!5
1)50
U(_l
N.Y.Nat-Kx.
107
Ninth
1.-th
Ward
Ait.
'24»
140
110
16U
N. America.
Oriental
16'J
-235
Pacilio
Pivrk
!183
Pcople'e
;30O
I
240
330"
138"
Ex. 117
Kopnblic... 175 iso"
Seaboard ....il72i-:
Second
...|325
U25
Sovoulh
ShoedtLeath. 50 isS'*
Pheuix
1:0
Proitoice
225
197
218
;
.
2000
300
2600
first
First N., S. I. 108
11th Street.. 170
1
M'chs'JtTrs'.
2'20
Mercantile.
Uast iUver.. l.'iO
Ward... 200
nth
Trad's' 3S0
Irving.
183
York...
N.Y.Oo-dllty.
123
360
130
Jt
vvo;}!:.
I
New
120
490
100
City
ditizens'
io?"*
jioallOO-
1103
,58, 1909.M.fcN 100
170 1176
ve.— Stock
300
ve.— Stock
J&J 108 li-iT
1st M., 5s, 1937
Tweuty-tbtrd St.— Stock.. 250 2J0
Il(12 1101
Ist.mnrt,. 78.1893
Gallatin
Garllold
,
9-''
.4.
Central
—
io-
51
.4
lh',1
OUatUam
106
ns
1st mort.,
Sixth
Tlilrd
ttatohs'i&Lic.
OUase
I
*
1','8
daemical
240
1894. .J<SJ, 100
95
Ni,uh .Vvo
So ml Ave.— Stock
105
147
117
125
117
132
103
BANKS.
imerlca
202 207
Vm. Eioi... 147 "a 132
Sowery
305 3:5
Broadway... 256 •275
Kry— Stk.
in
210
lo»
230
HoU3t.W.St.iP.F'y—.Mtk. 200
111)
lentral crosstown— si'k..
115
Ist mort., 8.1, 1922.
dent. Pk.N.& K.Kiv.— stk. 122
Consols. 7», 1902 ...J&d' 113
Jty Dk.E. B.& Bafy— Stk. l2-(
lat mort . 79 ian:<..j.tel)' 1(10
St.
I
104
1
ar'nd
lat mort., 7s, 1893..\JcO 1(12
'42dSt. MauIl.A St.N.Ave.! 37
let moi t.. Us, 1910.. M&S, 110
2d .M„luooinB,63....J&J 49
104
104
,'.i4;
Ist, OS, gii
3nil 6s, int. as rent,, '03.1
&
4'2d
2()U
B'way
M&N
'Drv Dock E. B'yJk B.—
99
Scrlo
205
iSlKllth A.T.— .Stock
ElglltllAv.— ScrHl,6s,1914 103
110
Gen. .M.,53, 1909...A&O 100
Bl'ofcerSt. m, Fal. t'. -stk.l 28
\bi
St. NlclioiBa.;l'20
12".
Slate oJ N.Y.I 101
iiT'
Third
10s
11
ll'JO
Tradesmen's.] 97
Uuit'dstatea -JOO
116
Western
West
Sirte...l20O
NOVKMBEK
THE CHRONICLR
7, 1891.]
667
BOSTON. PJIIL\I)EliPIirA AXU RALTIXORB STOCK BXCHANUEH.
tV
Active Stocks.
Iiullcates iiullatod
II
31.
Oct.
43 Vt 43%
Atch. T. & S. Fo rx;aiilo»;.100
•5
"
AtUatli! A Pao.
100
104
BalttmiM-c A Ohio (Bait. J. 100 103
"
"
l»t pii-fiirreil
2il |>icfi'n«(l
3(>stmi\- AllKiiivi
Boston
Boston
>Vc
Lowell
A Maine
Conttiilof Muss.
100
100
Boston;. 100
"
100
"
100
"
100
"
100
"
100
131
i'ii"
'203
178
100
•17
35
PrefiTiTil
Olilo.Biir.cVQuIn.
Oliio. Mil. & .St. P. rP*i7.;.100
Olilo.
177
107
7599
& W. Mich. ri<o.'to»;. 100
& Ciintou
100
Olevp.
100 •31
100 73!^
100
Preferred
100 •si"
Hiiut A Br. Top. fPliUa ). 50 47"
"
Preferred
50
"
/>ehlEh Valley
50 49%
Maine Cciitnit CBostoji^.lOO
"
Mexican Central
100
"
N. Y. * N, Ene.
100 •38 >a
"
Prefernid
100 101
Sorthcrti Central (Batl.). 50
Northern PacifluCPA//«.;.100 27«8
"
Preferred
100 7418
Old Colony
<Bnston).\O0 160%
Pennsylv.iuia.. fPhita.J. 50
55ie
Phlladcl. A Krie.
"
50 •3414
Phlla. A Heading
"
50 lOij
Buuiinlt Branch (Boston). 50
'•
Union Paiiflc
100 4058
trnltedCo.s.of N.J.rPAi7a.>100 224
•8
WesternN.Y.APaC/'Aaa.MOO
"
"
"
raiaeellaneonii Stocks.
Am.SiiK'rRefln.TI (Boston)
"
Preferrea
'
Sell Telephone ..
Bn9t. A Montana
221a
35 14
•8%
191i
224
8%
5438 S4%
•34
35%
19T„19il,^
Xl8l
54
.100
.
lOOi
18
68
42
15
15
255
43% 43%
18
80
1148%
184
40
15
14
255% 255
45%
45Tfe
44
44
18
18
50%
ls% 18%
xl6% 40%
•25% 26
15%
14
II
15%
162%
39
14
14
2.56
•00
61
45% 45%
18
18
48% 48%
50%
17% 18%
45% 46%
26
26
14% 14%
X Ex
I
!
'
IK.O. 8t. Jo. AC. B., 78.. 1907',
L. RockAFt. 8.,lst,7fl..l905,
23
JAJ
JAJ
4%
70
letcoiisol.luconiC8.3g,non-oum.'J
I
I
15
1
118>a
A
A
AAO
''»
liMXi,
V"
Ohlolg..
'
'
.
.
I.
|
100
101
WW
101
105
I105>a
100%>10l
114
....»
118
109 <4
104
il3% 114"
.
116
I
IIO
West VU.C.AP.1S1.6K. 1911. JAJ
Wcsf- V.a
Cousol. 6 K.
10«
1:11 1,
JAJ,
1900.
U^
JAJI
A Aug., 6s.. lUlU. JAU
MI8CBU.ASBU03.
Baltlmore-Clly Hall 6«. 1900, O-J
'Wilm. Col.
11
FuudlngSs
WeU HarylM KB.
Water 5»
1
1
,
I
106% wi'i
4th Series. 3-4-59..... 192 1, MAS
I92U. MA:» 103% ids"
6th Scries, 8s
,
i
100%
9»
v
I
I
—
i
Conn.. 5 «
,
22
22% Char. CIn.A Chlc.lst jg, 194'/. q—
6 iCIearfleld A Jeff., Ist, 6«. 192. JAJ, 118
1900-04. MA8!
13 'connecting. «s
12
12% 13 Del. A B'd Br'k. 1st, 78. 190.5, FAA ize"
l»tM..r..«.1930,M4N,
13% 14 EitotonAAiu.
4% Elinir. AWilin., 1st. 69.1910, JAJ. 101
lUuut. A Br'dTop,Cou.5».'95,AAO
75" iLchIgh Nav. 4%s
1914, O-J 108
1897, JaD 111
11% 2d 68, gold.......
11
General mort. 4%8,K-1024,O—F
JAD 113
l>»...l'J98,
Ist
Lehiu'h Valley,
200
1910, MAS 134 ^135
id^s
30
29
1933,JAl>
128
ConsoLO
liii'
172 173% 'xoith I'oun. 1st, 7s.. ..1896. MAN 110
12.%
1903,
JAJ|
7s
Gen. M.
130
iso' I'si "1 Pennsylvaula gen. 6s, r..lOip, Var t
194
10O5. Vsr
Cimsol. 69. e
jLutprice tku week.
Bonds.— Bali'more. ,.,
iimJ.JW 117%
I
I
'
..••
ftOH
Po'keepsie Bridge. 6 g. 1938. FAA
107%
Schuyl.R.E..-iide,l9t5g.l935,JAUl
•>>••«
Steuben. A Ind.. Ist m.,.5s. 19 14, JAJI 104
1894, AAO 101
United N. J., Og
Wurieu A Frauk.,l9t,7s,189«,F*A 10a %
'
f
1808,F4A
2d, 59...
45
Bonds.-Philadelihig ,,,
lOs.
3
18»8, JAJ 110
Val.,7
AilegTieuy
g.. 1910,M*N| 103%
2% lAtlautic City Int Ss.Os..
JAD lia
1st,
1902,
Del.,
11% iBclvidere
IWOO, FAAl
69 Icatawissa, M..7»
J'
W
AAO 103%
g.. 18'.'",
."1
Ogdcn. A L. c.,Con.6».1930,A4O*
-1926.
lnc.68
lOOi MAN {108
17%| 'Rutland, Ist, 6s
100
Con. M.,5 K..«t»mped.l!)J3.MAN] 100%
Statcn Island. 3d,
BaLAOtaio 8. W.. lsl,4%.. .:•• •• .. .vJ
;CapeF.AYad.,8er.A.,6j{.iai6, JAU
1916. JAD
Series B., 6k
1916. JAD
Series C, 6 k
1H30.
M*8
Cent. Ohio, 4% K
Chart. Col. A Aug. l9t 78. 1895, JAJ
JAJ
g..l93».
On. Car. A Nor. Ist 5
I90a JAJ
North. Cent. 6«
1I»04,JaJ
68
193it.JAJ
Series A,8a
1025.AAO
4%!,
Oxf.AClarli.,lut.KU.,6 g. 1937,M*N
Plt!dni.ACoin.,l»t. 5 g. toil. FAA
Pitts. A Conuells. l.it 7». 1 8!»8. JAJ
Virginia Mid.. Ist Us. 1908, MAS
1911 MAS
2d Series, «•
SdSories. 6»
}2i!?'Ji"S
'
llt%
SPb 8SI«
67%
PhiL Wilm. A Bait., 18.1017, AAO;
P11I9. C. A8t. L.,7«....l!t00. FAA 115%
Pltt.s.
2dconsol. incomes. 39, non.«nni.l«
N. Y. A N.Eng., 1st, 7«. 1906. JAJ Si 19
l(»«5,JAJ§H0%lll
Ist mort. 63
19M, P4A }
104
2dmort. Os
F4A &
mort.,8caled,5s...l903,
2d
___
Feb. 1
48
48^
Feb. 1
34% 35>a
1893, AAO! 105
106 Aft
1911, JAD 138% ....*«
1911, lAD 117
......
Income 69
71%
35% 36%
19
19%
,
1
llOH
g, ll»5-<,
g, 195»<
2d, 78
Baltimore
i
27
Bid. Aak.
r
AtlantaACharl., l8t78.
1
82%
dlv.
ConsoL mort. 79
Consol. mort. 6 K
ImprovemeutM.
119
§
S
It
8e|it.
'
2d pref. Income, 5
3d pref.lucome, 5
I
I
70
Loui8.,Ev.ASt.L.,lst,6g.l936,A40}l07
1030, AAO 4
2ra.,2— « g
1935, AAO {
Mar. 11. A Out., Os
1923,JAD«100
Exten. 68
Mexican Central, 4k... 1911, JAJ J 71%
ii'
71
69
25
M
U
]
1
MASS
Blr.,lst,5s,1937,
4 51 % Hept, 33
18 146
Feb. 11
311
iPhila A Read, new 4 e.. l'<58. JAJI
l8t prof. Income. 5 k, 195S, Feb 1
i
C
17% July
1919, Var' 112%
92
1013, JAD
Pu. A N. Y. Canal, 7s... 1906, JAD 122
1939. AAO
Consol. 5s
Perkiomen, 1st ser.,59.1918, Q-Jl 102%
Pnila. A Eric gen. M. 5g..in30, AAO 112%
1930,A4O
Gen. mort,, 4g
1
63
100-Vear income 5 g., 1989.8«pt.
63%
A Mo. River Exempt 6a, JdcJ 114
1918,JAJ 103
Non-exempt 6s
1910,J&J 80
Plain 49
Chic. Burl. A Nor. Ist 5,1926, A*0 [100% 100%
1918. J&D ilOO% 101
2d mort. 6s
1896. JAD
99%
Debenture Cs
Chie.Burl.A Qulney 4.S.. 1033, FAA j 88%
ls)l!i, AAO 5 00
93
Iowa Division 48
Chic.AW.Mich. gen. 5s. 1931, JAD 5 02
88%'
Consol. of Vermont, ."w.lrttS, JAJ J
Current River, 1st. 58.. 1937, AAO J
107
Dct. Lans.ANor'nM.7s.l907.JAJ §
121%
Eistern 1st mort. g., 1906, MAH S
I rce.Elk. A M. V.,1 st, 0s.li)33, A AO {
Unstamped 1st, 6s .... 1 933, AAO § 1 10 iio'i
05
K .C.C.A8priug.,lst,5g.,1925.A40'}
*'. B. <K i»l. con. o.s, Lv^n, iuwn'o
K.
'K.C.Mem. A
S
1,784
Penna. Consol. 5s,
CoUat. Tr. 4% K
1
I
Jan.
Bonds.
Burl.
57
Rept.28
85%
3.910
3,084
Ask.
IBoslon) 100
Westing. El.
60
25
14
Oct. 2«
51
Jan. »
7%fb-|>t. It
41% July 31 50% Got. 38
47% July 30 53 Mar ft
117g June 23 21%Oct. 5
i38% Aug. 5 52% Sept. 31
2«
28
315 34% Auk. 14 26% Septal
14% 15% 19,125 14 Not. 2 24% Apr. 2S
"
100;
2% 3
"
tr. rec.K
80
9% 10%
Boston. „^ ,^,l
fosnd—
3.F.100-yr. g.,1989, J*Ji
81% 81%
90
18
48% 48%
50%
17% 17%
44% 45%
Lowest la ox dirldeud.
Bid.
70%
I
45% 45%
•43% 44
44
2
13
14
14
873 84% Mar. 11 97% Bejit. 22
863 173 AnK. 27 220 Jan. 14
1,746 39 Not. 6 50 .«ept. 2
1.105 13% Jan. 2 20 Bept. 2
117 240 July 31 380 Mar. 81
49% Jan. 27 62% Sept. 1
135 42 Auk. 1 49 Jan.
63 43% Oct. 26 50% Mar.
3261 15
Mar. 30 24 Jan. •
40
14
18
4.898
82
82^
93 "i 93%
18i 181%
40%
2 40 frt). t
7 10«%H^pt.2»l
58% Jan. 17 93%BepttI
65,463
255% '252
M
a i»:
Jan.
12 l«%Peb. •
10 2<m% Peh. It
4 30%J»n. It
31
705
185
I
li
4,970
18
8
»
A|>r.
A|>r.
99
100
53% 54
40
224
III*
An*. St
(let.
es 94
72
8
7 131
July 31 427, Hrpt.18
July 31' ]10%Jnu. IB
63% Jnne 1' 71 Auk. 31
20<i July 30 30%«opt.21
58% July 31 78% Kept. 31
101
Nov. 4 168% Apr. 99
49% May 19 56 Oct. 2S
24 Julr 30 35% Oct. It
13'» .Auk. 4 21iai.8ept.31
4% Pel). 5 7% Ang. Si
32% Anx. 11 82% Apr. SS
22i July 31 230 Feb. t
6% July 31 97a Sept. It
S,114
26%
39
•223
Am.
120
7.220;
0.235
16,130
10
8,552
n
61
Inactive stocics.
110 43%
10%
«N
101
4,
Mar. 19 27% Hept. It
July 30 86% Apr. 23
Jan. 2 28% Kept. 23
Mar. 20 40 8ept.31
603' 457, June
160
8%
'
4S% 49%
50
18% 18%
20
Ask.
3978
224
'8
184
42
61
•45% 46
18
4978
39%
224
8%
17%
Am.
50
98
70
537g 54
33
33%
181iu 10%
401%
181
42%
I
Aul aoorued InteteaU
.Ian.
Jtifie
172%
47%
98
•60
26
20% 27%
71% 73'9
225
255
26
14
6
1)2
1
3:1
156 00%
38% 37
98
180
64%
•8%
19
S3
83% 8178 82%
93% 03% •93% 91
17
11
Mar.
Jan.
Jan.
at
121
20%
98
161
40%
497g
36% 37
98
70
We
224 224
•8%
8%
4978
131
•33% 843h
19. lu
183
26
2
1978
72
25
•86% 82
10
a0''8
27% 27%
72'8 78%
27^9
73%
82% 83
92% 93
1658
100
(Boston) 25
••
Pewal)ie .Mining
25
Pullman Palace Car..
"
100
Qulney Mining
"
25
Tamarack Jlinlug
"
25
i
51 '8
'34
26
10
"
27^8
7338
73=8
18% 18'8
49% 49%
25
25
25
50
10
10
25
25
37
72
4973
37% 87%
27%
50%
18% 18%
47% 47%
25
100
25
"
4. (Phila.)
20 ig
Thom.Europ.E.WcldH
Water Power...
"
"
% UuUttcd.
27 14
no sale was luade.
.
85
127
113
3,398 157 July
031 10 Nov.
to 34%Jao.
7,00s 757, Mar.
8,000 Bl
Jan.
41
Mar.
"so 8 Mar.
S 17 Mar.
47
6
47
50
98
39% 40%
17
i
101%
17%
lllfflMM.
4%'Jann3o
170
11«
132
118
203
175
07%
74% 76%
72
121%
40%
Bid.
73
25
49 ''8
SO
100
too
234i« 224
50%
.
Illinois sieell)
47%
49^8
19%
49% 50
Atlantic Mining.
City I'assenirer KK... (Bait.) .
Bay Slate (ias
(Boston)
"
Boston Laud
"
"
"
73
21
370s
II
43%
181
75V 78% 74»» 75%
..„..
"7% "0"
;;;:;:
21% 21% •20
22
7
19%
4518 46
•4314
•18
'•
Freuchnrn'sBayL'ud
Huron .MininK
75% 75%
122
20
37
73
160
55I4
54
93%
6
181
Ixiweat.
2t%Mar. 10 47%IMipLflt
43,71
26
2758
83ae
Sburo*.
6.
41% 42%
S%
130
117 117
117
202% 202% 203" 203
203
175 175
174% 178
160 1U5
i'co'i 102
160%
16
la
10
•15%
87
87
08
98% "96% 97% 96%
73
23
74 18
8^
41% 42%
8l>f
38'8
9338
Wisconsin Central... (7io«to») .100
Preferred.,
"
100
Worc'st.Nash.AKoch.
"
100
XhemsuKlec.Weel'irfl
•20%
Not.
m
87
07% 98
74% 75%
22%
.
Pri-leiied guar.
OMei,!,. .Miriiii!;
105%
16% 16%
165
6.
msuKLLANEOUS.
AUonez Mining
(Boston)
5
Week,
103% 103% io8% 103% •ioi% 104
'
177
'
4.
Baa«a orMlaa la IMl.
of the
Krlda;,
'
49% 50
100 89%
100 248
50 25
50
50
50
50 53
10
100
100 121
100 223
Delaware A Bound Br.(P7(i7a.) 100
Har.PorLs.Mt.JoyAL.
"
50 t 79%
Kan. C'yPt.S. A Mem. (Boston) 100 30
tCvFts. AGulf pf.
"
100
K. City Mem. A Birm.
"
100
Little -Sdiuvlkill
67
(PhUa.) 50
Manchester A Law.. (Boston) 100
Maryland Central
(Bait. ) 50
MineHill A8. Haven (Phita.) 50 66
NesquehoniuffVaL...
"
so 53
Northern N. H
(Boston) 100
North PeuiLsylvanla. (Phita.) 50
81
Orejton Short Line... (Boston) .100
22
rarkershiir};
(Bolt. ) 50
Pennsylvania A N. W. (P/iUa. ) 50
Raleijih A Gaston
(Bait. )100
Eutiand
(Boston) 100
Preferred
100
Seaboard A Koanoke. (Bait.) 100
••
1st preferred
100
West End
(Boston) . 50
69%
Preferred
"
50 82
West Jersey
(Phila.) . 50
West Jersey A Allan.
50
Western Maryland..
(Ball.)
50 12
Wilm. Col. A Augusta
•
100 107
Wilminct'nAWeldon
"
100
Ktarsarjje Miniuir
117
202%
49^1
1211s
3514
Nov.
Rales
I
Thursday,
Nov. 8.
42% 48%
131
73
101
Wednaaday,
102% 102%
71
"82"
20 "4
47
Atlanta A Charlotte (Bnlt.)
Boston A Providi'uce {Boston)
Camden A Atantiopf. (PkUa.)
Catawissa
"
l9t preferred
"
2d preferred
"
ventral Ohio
(Bait.)
<JUar!. Col. & Augusta
"
ionueetieut & Pass. (Boston)
Connecticut River...
"
Morns Canal guar.
4211a
'
751a
83%
Inactive Stocks.
Centennial Mining...
Fort Wayne KlectricTT
Franklin Mining
41%
180
100 180 ISO
43% 43% 42
25
I5I9
15
15%
25
'262
25 '252 255
"
Bntto A Boston..
"
Calumet A Hocla
"
Canton Co
(Ball.).lOO
"
Consolidated Gas
100
Brie Telephone rSo»toii;.100
Lamson Store Ser. "
50
Lehi'hConlANav 'FMl./ 50
N. En?. Telephone rSwr ji JlOO
North American. (PhU.).lOO
Thnmwo-lVnUl. .(Bost'n) 25
"
Preferred
25
West End lyand..
"
* Bid and asked prices;
Prices of Nov.
2.
35
'j'i
"
Prefcriod
FL & Peru Marq.
Nov.
48
••
Fltohl)nri;nrer.
Tuesday,
Nor. 3.
6
181s
0S%
»h«ro Prlrea — oot Per flsntam Pricaa.
Monday,
Saturday,
I
68.. 190.'.
FiindloKSl
KxohAum 3%»
Virginia (State) 8s.
new
iCliempeakeUaa,6<....
OoiMur.Uas,6a
5«
Ml*'.
1916.
M*3
M.*.-*
«><
^lOS
"'•.'"••'•H
1 !•;•-•.
.
<
""<
JAJ
'^" 113
106
'
'Bnnltnhte ri««.
|
lo-v
US
riu«%
THE CHRONICLE
668
IjEW YORK STOCK EXCHANGE P RICES
lUlLBO^ A»D
M.8CEI..
BONDS.
Range
Mte^OVU!*^
(Coniiiined).-ACTIVE
(sales) in
BONDS NOV.
|
Bailboas and Misoel. Bonds.
63%
1318
84
66%
16
75
Oct.
Sept.
Sept
JAN.
'
Inler'st Price
Period. Noc. {
N. Y. Central— Extend., 58.1893
1903
Ist, coupon, 78
Deben., 58, coup., 1884.. 1904
N. Y. A Harlem— 78, reg. . . 1900
Lowest.
isb.
1891.
1,
(talet)
in 1891.
H%gheil,
100
100 Nov.
MAN
A J 124 %b. I2314 Aug.
106
MAS
Oct
MAN 119 104
II6I4N0V.
4g..-1937 A A O 94
89 July
I
75 Mar.
383e Mar.
O'sJnly
69 July
83 14
AND SINCE
"
Highest.
Lowest.
At.Top.&8.F.-100-yr.,4g.l989:J * J
1988 eepi.
100-year iDConie, 5 k
AtL & Piic.-W.D. inc., 68-l)»J0 J
V'a'"t
& J
Guaranteed. 4 R--------1S37
Brookl'uElevafdl8t,6,g.l924 A & O
J
& J
1908
Caii.Boutli.-l8tKuar.,58
1913|M * 8
2(1 5g
Q-J
1899j
J.'-Coii8.,78
OentralofN:
Consol., 78
JS22'i A I
General mortgage, 5 ?;-1987;J « J
Leli.&W.B..con.,78,as'd.l900i_y—A.
1912
58
do. luortRiiBe,
& J
Am. Dock & lnjp-.58----l§?l J
J A J
.1898
Gold,6B
Central Paciflc—
A
A O
Che8r&bliio-Mort.,6 g--19Jl
6,
"
Ouufng
Range
1891.
Lm,
[Vol
10314 Mar.
I2714 Apr.
19
J
110
b.
b.
Jan.
123 Mar.
Jan.
72isb
9559 Sept
*109 b. lOS's Apr. 1121s June N.Y. Chic. ASt L.—
113isb,
J
115 Apr.
1906
A
109
July
N.
Y. Elevated— 78
10213 July 107% Oct
lOOTg
125 b. 125 JiUy 1132 Jan.
N.Y.Laok. A W.— Ist 68. .1921 J &
97%b, 951s Jan. 100 Feb.
107 b. 108 Feb. |109%June
1923 F A
Construction, 58
115 b. 115 Jan. 118 Mar.
133isa. 1321s Oct 137% Feb.
N. Y.L. E. &W.— l8t,cou.,7g. 1920 M A
116 b, 120 May 123 Mar.
106
b. 103
J
1893
A
June 1071s Apr.
Long Dock, 78
109^ 107 Jan. lll^s May
115 b. 115 Jan. 1120 Sept.
1935 A A
Consol., 6 g
July 113 Jan.
lOaVtb, 108
106
J
D
1969
A
June 110658 Oct
96
May
2d consol., 6 g
92 Aug. 99
nils 110 Mar. 1115 Feb.
N.Y. Ont A W.— Ist 6 g..l914
108'9b. 1051s July 1081s Jan.
97isb.
D
J
A
98 Sept
1939
90
June
Consol. I8t5g
llOifib. 0738 Aug. 112% Mar.
94 Jan. lOlie Aug.
N.Y.Sus.&W.— Istret, 5 g.l937 J A J 99%
114 b. liois July 117% Mar.
115
b.
1116
1910
O
nils
Sept
May
Midland of N. J., 6 g....
99'«b. 941s May 1021s Oct.
-"
1st consol., 5 (5
June lOOis Feb.
vv4So^
Norf. A W.— 100-year, 5 g.l990 J A J 90 b.
73 Oct.
72i«b, 651a July
B.&A.UIv.,let eon.,2-4g.l989 J A J
11658
J
A
J
117%
Oct
113
Jan.
North.Pac— lstcoup.,6g.l921
64 July 75 Oct
do 2d con., 4 g... 1989 J A J 73
General, 2d, coup., 6 g-.1933 A A O 111 b. 109 May II414 Mar.
1911 F A A 103>i!b. 1021s Aug. 114 June
Ches. O. & So. W.-6 g
110
a.
J
D
llSHFeb.
A
July
g--1937
General, 3d, coup., 6
1061s
J A J 121 Hib. 1171s July 123 Jan.
Cailc. Burl. & Q.-Con.,78.1903
8578 Jan.
1989 J A D 82
761^ July
Consol. mort,5g
97 b. 95% Aug. 1021s Apr.
Debenture, 58
'^"i„
8414 Mar.
Jan.
Chic. A N.P.— 1st 5 g.-- 1940 A A O 7814
761s July
Sept. 95
S8%b.
86
A
F
A
1922
48
Division,
Denver
102%b- 101 Sept. 109 Feb.
6g---1938
Jan.
North.
Pac.
AMon.—
88%
30
July
Soifib.
Nebraska Extension, 4s. 1927
isb
107
110
J
Mar.
A
J
g.-1933
104
July
North. Pac. Ter. Co.— 6
108 fss June 116 Oct
CaUc. & E. 111.— lst,8.r.,68. 1907 J AD' 115%b.
Ohio A Miss.- Cons, s.f .,7s 1898 J A J 109 "sb. IO8I4 July 112 Feb.
1934 A A O llSMi 1181s Nov. 121 Jan.
Consol. ,6g
Isb,
112
109
May
J
J
1898
A
July
107
Consol., 78
96i8a- 95
Jan. 100 Apr.
General consol. l8t,5s..l9iJ7
Ohio Southern— 1st 6 g-..1921 J A D noo b, lOlisJuly 110 .Mar.
95 Oct
»93ieb. 81
Apr.
CWcago&Erle— lst,4-5 g-1982
*60
63
Feb.
1921
b.
Jin,
55
General mort,4g
26 June 42 14 Oct
1982 Oct'b'r 39
Income, ."is
b,
50 Ju';e 58% Jan.
Omaha & St. Louis— 4 g 1937 J A J
SOI3 Aug.
921s Apr.
Chic. Gae L. &C.— I8t,5g.l937 J A J 843ib.
Isb,
103%
1910
D
100
Feb.
A
90 Jan.
A 125%b 120 Jan. 1251s Feb. Oregon Imp. Co.— 1st, 6 gChic. Mil. &St.P.— Con.78.1905
1939
A O 64 14 58 July 74 Feb.
Consol., 5 g
112 h. 1081s Aug. 112% Oct
A
let. Southwest Div., 68.1909
I06i«
110
Mar
A
J
I0514 Sept
Ore.R.ANav Co.— I8t6g-1909
Jan. 1141s Oct
115»4b. 110
A
let. So. Min. Ulv., 68....1910
'89 b,
1925
Aug. 100% Mar.
Consol., 5 g
104 Jan. 107i9Oct
A 107
Ist.Cll.&Pao.W.Dlv., .56.1921
4i9g.,
•105
106
Jan.
1921
A
J
b.
coupon
102 July
Pa. Co.
100 a. 94 Aug. 100 Oct
Chic. & Mo. Riv. Dlv., 5s. 1926
A J lOOisb. 100 Jan. 109% May
A 105Jsa. 100% July 105 Oct Peo. Dec. A Evans v.—6 g 1920
Wis. & Minn. Div., 5 g..l921
103
Feb.
101
b.
95 .Tan.
Evansville Div., 6g.-..1920
A 104 b. 100 Mar. 105 Oct
1914
Terminals g
7478 Apr.
1926
69 Isb. 66 Jan.
87 Feb.
2d mort,5g
S43»
811s July
A
Gen. M., 4 g., series A. ..1989
Sept
A
81%
A O 78
73 June
A D llCab. 107 1« Jan. 112 Feb. Peoria A East. Cons., 4s-1940
Mllw.&North.—M.L.,68.1910
1990 April. 28 a. 16 .Tiuie 29% .Sept
Income, 48
107 Jan. 112 Apr.
A D Ill
1913
let, con., 68
85
Oc\.
Phila. A Read.- Gen., 4 g.l95S J A J 821s
741s Aug.
Chlc.&N.W.—Consol., 78. -1915 Q-F 136 h ISlisAug. 139% Apr.
6838
1958 Feb.
47% Mar. 71i4 0ct
lat pref. income, 5 g
1902 J A D 12414b 121 June 127% Feb.
Coupon, gold, 78
52
Oct
1958 Feb.
32 Mar.
481s
2d pref. income, 5 g
O «112 b.llll July 115 Feb.
1929
Binking fund, 68
3958 Sept.
1958 Feb.
36
2514 Mar.
3d pref. income, 5 g
1929 A A O 106isb.|l05 Jan. 109 Sept
Sinking fund, 58
78iab.
81
Feb.
Pittsburg A Western— 4 g.l917 J A J
75% Jan.
N lOOHb. 1021,1 July 109 Feb.
Binkiug fund deben^ 58.1933
N •103 a. 102 July 105% Apr. Kich ADauv.- Con.,6g..l915 J A J 108 ish. 107% Sept 118 Jan.
1909
25-rear debentures
1936 A A O 79 b. 78 Aug. 91% Jan.
Consol., 5 g
1926 F A A 95 a. 93 Oct. 100 Jan.
Extension, 48
Kich.AW.P. rer.-Tru8t,6g.l89 F A A 87 b. 82 Sept 100% Jan.
98 a. 921s July lOOis Jan.
Chic. Peo. & St. Louis— 5 g. 1928
56
51 Sept 75 Feb.
Con. 1st & col. trust, 5g-1914
Chlc.B.I.&Pac—68, coup. 1917 J A J 12014b. 1181s July 127i4Feb.
73I4 Aug. 78% Oct
Rio G. Western— 1st, 4 g--1939 J A J 78
lOOifib. 95 14 Mar. 101 14 Oct
Extension and col. ,58. ..1934 J A
105 Jan. 114 Mar.
K. W. A Ogd.— Con., 58. ...1922 A A O 1091s
101 b. 100 Feb. 103 May
Chic. St.L.<S,Pitt.-Con.,5g. 1932 A &
N
119i«
843„l).
g..l925
Island—
6
82% Mar. 92% J an.
II3I4
119^6
Jo.
A
Gr.
June
Oct
St
Chic. St. P. M. &0.— 68.. ..1930 J A
StL. Alt AT. H.— 1st 78. 1894 J A J 110i8b. 08 June 110% Mar.
88 a. 8Gis Apr. 911s May
Cleveland & Canton—5g.. 191' J A
A
F
A
101
Aug. 107 Jan.
1894
pref.,
7s
1051s
132
Feb.
2d
128
Oct.
C. C. C. & I.— Consol. ,7 g.l914 J A
100% Aug. 105 Jan.
StL. AlronMt— lBt78...1892 F A A 102
1934 J A J 11514b. 113 July 121 Mar.
General consol., 6 g
104
19b.
1897
04%
May 108% Apr.
106
2d,7g
101
Jan.
1900 F A A
!«
981s Oct,
Col. Coal & Iron— 6 g
Cairo Ark. A Texas, 7 g- 1897 J A D 108 b. 103% Julv 10714 May
62 Apr.
711s Sept
Col. Midland— Con., 4 g...l940 F A A 69 12
A
O
A
86
a,
May 93% Jan.
land
gr.,5g--1931
81
R'y
A
Aug.
Gen.
89% Oct
86 b. 78%
Col.H.Vul.AtTol.— Con.,5g.l93]
110i«b. 108
Juue 114% Oct
StL. A San Fr.— 6 g.,Cl.A.190(>
1904 J A D 9319b. 80 July 94 Oct
General, (ig
llOisb.
Juue 113% Apr.
OlassB
1906
106%
11438
llOisFeb.
6
June
g.,
U5
Denver & Rio G.— 1st, 7 g. 1900
llOisb. 107
June 1 14 Apr.
1906
6 g.. Class C
77 Aug. 83 Feb.
1936 J A J 79%
Ist consol., 4 g
J
10714b.
A
July 110 Jan.
mort,
6
1931
103
General
g
Det.B. City & Amcna— 6 g.l913 J & J 00 a. 90 Oct.
961s Feb.
66
65% .Inly 71% Oct
35% Sept St L. So. West— 1st 4s, g. 1989
Det. Mac.& M.— L'dgrants. 191 A & O 32 b. 291s Jan.
35 14 Oct
J
Aug,
income
1989
J
A
25
4s,
2d,
291s
g.,
Dul. & Iron Range— 5s. ... 1937 A A O 96 b. 95 Jan. lOOia May
N 115 b. 114 May lis Jan.
B.P.M.AM.— Dak. Ex., 6 g.l910
85 July 99 Feb.
Dul. So. Sh. & Atl.— 5 g. .1937 J A J 96i«
117
Feb.
J
A
115%b.
July
consol.,
6
1933
111
Ist
94
g
E.Tenn.V &y.— Con., 5g.l956
93 Oct. 104 Jan.
A J 98 a, 97 July 102% Feb.
reduced to 41s g.-do
Knoxville & Ohio, 6 g...l925 J A J 104 a, 102 July logie Apr.
-May
87%
D
A
82
MontauaExtensiou,
b
Jan.
1 g-1937
80
Eliz. Lex. ABigSau.- 6 g.l90ii
SO b, 80 Oct.
95 Jan.
A J 60 b 61 Oct 74 Feb.
San A. A Aran. P.— Ist 6 g. 1916
Ft. W. & Denv. City— 6g..l921 J A D 101
93 Aug. 105 Jan.
Feb.
73%
J
61isb.
A
1926
61 Oct.
Gal.H.&San An.-W.Dlv.lBt,5 g.
9313b. 91i2July
9714 Oct
l8t6 g
A A 98
113isb. 110 Mar. 117 Jan.
95 Aug. 103 Mar.
8eattleL.8.AE.—l8tgu. 6-1931
Han. & St. Jos.- Cons., 08.1911
108
Oct
106 b, 102 Aug.
nunois Central—4g
1952 A A O 93%b. 93% May
Bo. Car.— Ist, 6 g.,ex coup. 1920
97 Mar.
29 Sept^
23isa, 13
Jan.
Income,6s
1931
Int. & Gt. No.— l8t, 6 g....l919
116
IO912 July 116 Sept
May
103%
J
1909-10 J A
102 b, 100 Sept
Coupon, 6 g., trust rec..l90y
7014b, 68
Mar. 76 Jan.
80. Pac, Ariz.— 6 g
1905-12 A A O 110 b, 109% Apr, 114 Mar.
Iowa Central— Ist, 5 g
1938 J A D 85I4
So. Paciflc, Cal.— 6 g
801s Aug. 87 May
Mar.
198'
101%
*99
Kentaoky Central—4 g....
b,
J A J 80 b. 78 July
1938 A A O
97% Oct
Ist, consol., gold, 5 g
821s Jan.
KingsCo. El.— lst,5 g....l925 J A J 98
1911 J A J 102 b, 101 July 1 04 Apr.
97 Oct. lOOisMay
So. Piicitic, N. M.— 6g
Jan.
94
LacIedeGas- l8t, 5g
1919 Q-P 7719
Tenn.C. I. ARy.— Ten.D., 1st 6g A A O *90 a 82 Aug.
711s June 821s Jan.
191" J A J 92
Lake Erie & West.- 5 g
1 937 J A J 107 14
84 Aug. 96% Jan.
105 Aug. 109''eJan.
Birm. Div.. 6g
117i3
Apr.
90%
L. Shore— Con. cp., 1 8t, 78 1900 J A J 1201ih.
2000 J A D 82
81% Oct.
8ept. 122% Jan.
Tex. A Pac— Ist 5g
Consol. coup., '.id, 78
1903 J A D 12214b. 118 Juno 124 Jan.
2000 March. 281s
27 Aug. 3514 Jan.
2d, income, 5 g
Long Isl'rt— Ist, con., 5 g.. 193
Q-J 112 b. 110% Jan. 116 Sept ToL A. A. A N. M.— 6g
1924
93 a. 92 Aug. 99% Feb.
General mortgage, 4 g..l938 J A D 90
103 July 108 Apr.
88 June 9213 Jan.
Tol. A. A. A Gr. Tr.— 6 g- . . 1921 J A
iouls. & Naeh.— Cons., 7s. 1898 A A O 112l!!b. 110 Sept. 11558 Mar.
1935 J A
101 b. 102% July 107% Jan.
Tol. A Ohio Cent— 5 g
K.O. &Mob. Ist, Og
1930 J A J 11714b. 11338 July II8I4 Nov.
A
1917
75
71% July 77 JaiL.
Tol. Peo. A West—4g
do.
2d, 6g
1930 J A J H2i«a 105% Aug. 112 June Tol. St L. A Kan.
A D '88 b. 79 July 91 Jan.
6 g.-1916
E. H. & N. Ist, 6g
1919 J A D 1133,b. 111 June 113% Oct
A J lll%b. 110 Sept II418 Mar.
Union Paciflc— 6 g
1899
General, 6 g
1930 J A D 115 b. 112 July 117 May
105 b. 105 Sept. 111% Feb,
Sinking fund. 8»
1893
Unified, 4 g
74 Apr.
1940 J A J 79 b. 7678 Aug. 85^8 Mar.
CoUat trust 413
191h
70 a. 69 Feb.
Louis. N.A. &Ch.— l8t,68.1910 J A J 107 b. 101
Mar. 112 Sept
Kansas Paciflc— 1st 6 g..l895 F A A 106%b. 10458 Aug. 111 Jan.
Consol., 6 g
1916 A A O 93^b. 84 Mar. 98 Apr.
1896 J A D •107 1). 107 July 10956 May
I8t6g
Louis. St. L. & Texas—6 g. 1917 F A
821-ib. 65
Aug. 88 Jan.
Denver Div. —6 g
1899 -MAN •107 b. 106 Sept llli4Mar.
Hetro. Elevated— Ist, 6 g. 1908 J A
11358b. 11108 J.in. I1513 June
l8tC0U80l.,6 g
1919
104% 101 Nov. 111% Apr.
„ad.6»
1899
103 b. 103 June 108 Apr.
Oregon Short Line— 6 g..l92J P A A 100 b. 95% Aug. 106% Jan.
Kloh. Cent.— Ist, con., 78. 1902
118 June 1241s Apr.
119H!
Or.S.L.AUt'hN.— C0U.5 g.l91ii A A O 73%
66 Aug. 80% Feb.
Oonsol., 58
1902
•106 b. 106 Nov. 1081s Oct
U.P.Den.A Gulf con. 5 g.l939 J A D 74
64 Aug. 82 Jan.
Mil. Lake8h.&W.—l8t,6g. 1921
118 b. 117 June 127 Apr
1937
107% 106 Jan. 112 Oct
Union Elevated— 6 g
Exten. & Imp., 5 >;
1929 F A
99%
97 Aug. lOl's Jan.
77% Nov. 89% Feb.
Virginia Mid.— Gen. in., 53, 1936 .MAN 77%
H. K. &T.— Ist 48, g
1991) J A
78%
74% Jan. 791s Oct
79 Nov. 90 Feb,
do
stamped guar79
Sd 48,g
1990 P A
44
36 July 48 Sept Wabash— IstSg
1939
96% May 10359 Oct
100%
Ko. Paciflc— let, con., 6 g.l920
103 b. 103 May HI Mar.
80 Aug.
1939
70 Feb.
2d mortgage, 5 g
79
8d,78
1906
SeptH2
a. 105
July 116 Apr.
1939
Debent. M., series B
42 b. 27 May
Pac. of Mo.— l8t, ex.,4 g.l938 F A A 96 b. 94 June 100 Jan.
Jan.
103
July
Shore—
Guar..
2361
48
101%
99%
West
2d extended 5s
1938 J A J 103 b. 991s Jan. 10358 June West N. Y. A Pa.— Ist 5 g.l937
98 b. 96 Jan. 101 Feb.
. Kobile & Ohio— New, 6 g.. 1927 J A D 11414b. 112
Jan. 1171s Apr.
July 36% Sept
2dmort, 3g.,58C
1927
3278a. 27
General mortgage, 48. .. 1938
67%
62 July
70 Feb.
99^8
98 Jan. 100% Apr.
West Un. Tel.— Col. tr.,5s. 193^1
Ch. A 8t.L.— l8t, 78.1913 J A J;125isb. 124 July
97 Jan.
Julv
Co.—
1937
88
1st 5 g
93
Wis. Cent
1271s June
Oon-.5 g
1928 A A 0!l04°s 1021s Oct. 1071a May
193'
Income, 5 g
40 a. 28 July 47 Sept
Note— b "indicates price friff; "a"prloe asked; the Range Is made up from actual sales only.
* Latest price thl3 week.
1
MAN
MAS
MAN
AA
I
MAN
MAS
U AN
.
MAS
MAN
MAN 54
- .
AD
—
.
MAS
MAN
.
—
(
r
AA
MA
MA
MAS
MAS
MA
MAN
MAN
MAN
MAN
MAN
-
MAS
MAN
.
MA
MAN
MAS
MAN
MAS
MAN
MAS
. .
I
.
MAN
.
C—
MAS
MAN
.
MAN
MA
MA
MA
HA
MAN
MAN
MAN
MAN
MAN
Sm
MAS
uh.
•
NEW YORK STOCK EXCHANGE
SECTTRITIEB.
Railroad Bonds.
Bid.
Ask.
PRICES-{Coiitinued).--rA^4Crrra
SECURITIES.
B,
Bid.
&
O. 8. W., Ist g., 4%8..-1990
Mob. Rlv., 1st g., g. 59
1919
Oent'l Ohio Reor.— lat 4%a. 1930
Ask.
BONDS-NOVEMBER
SECURITIES.
6.
Bid.
No.— (Contin'd)
L.— lat 78, gu.. 1927 109
Minn. ASt
ido ibi"
towaC. A West- l8t78.---1909 100
Boat H. Tun. & W.— Deb. 58.1913
97
98%
Ced. Rap. I. P. A N., lat 63. 1920
80
85
Brooklyn Elevated— 2d, 3-5s. 1915
1921
90
Ist 53
Bufl. Rooh. & Pitts.— Gen., 5s. 1937
92
94
C.Ohio— ;ol. ACin.M.lat,4%9.1939
Roch. APitts.— 1st, 6a
1921 11710
;ent RR. A Bank.— Col. g.5a.l937
Bait & Ohio— l8t, 6s, Park B.1919 115
do
Conaolidat'dl8t6a.]922 115%
Chat KomeA Col.— Gtd g.5a.l937|* 81
5«, gold
1925 •105 10514 Buri Ced. Rap. ANo.—
101
Sav.AWeat— lsteou.gtd.5s.l9i9* 74%
I8t58.1906
_ConB. m ort,goll. 6«
19,88
Conaol. A collat. truat. 5a. .1 934 • 91
!ent. of N. J.— Oouv. deb., 6s. 19081
* Ho price rnoay
tbM*
are
the latMt qaotaUon* made this week,
;
(Stock Exchange Prices.)
Alabama Mirt.-l«t g., 6« ....1928
Atlantic 4r Dan>.— l»tg.,68..1917
Atl. A I'HC- 2d W. D.,gn. 66,. 1907
.
Aik.
Burl. Ced. Rap. A
"
95
98"
85
7»
NovbmrerT,
(\-
THE CHRONICLE
1891.]
NBW TURK STUCK BXCHANGE PRICED.- mAOTIVB BOSDa-fOotMmMiJ—NOVBMBBR
SEOURITIES.
Bid.
Lanil
(triHit,
."is.
09
104 Vt
1900
g
'
.')i'.yi<ar
HousaUinie- Cons, gold
'"ii'
l!i:iM
."ia
98>» 100
104
. . .
A o.— Pur. M. hind, tis. IH'.W
Olii's.
A
190H i"l3'
1911
Bk. »t<>ld, sprle»
Clips. O.
8(>. West.— -id, 08..
Ohk^airo
Alton— 1st, 7s
einkinx ruiid, 8s
A
A
Louts. A Ml).
2d, 7s
115»8
lOtK)
idi'
107
ICO
81nkin>rfund,4s
1919 91
«8
Plain, 4s
1921
95
Ohlc A Indiana Coal— 1st 58. 1930
106\
idi
IO8I1
104
94
'
D
119
123
lBt,7B,f c., R.D
1902
l8t, Ij& Crosse Division, 7b. 1893
A
120
121
lOl"*
II911
102
*115
110
99>a
A Milwaukee— Ist, 78.1898
ASt. P.— 2d. 78
120
120
11419
1907
A
Mil.
.Mad.— 1st, 68
1905
Ott. C. K.
St. P.-l8t, 5s. .1909
Northern III.— 1st, 58
1910
111
102 >9
A
LAP.— D.M.&F.D.,l8t4s.l905
aR
90^1
103
iof'
78... 1S98
Wtii.
54
1905
Extension, 4s
1905
Keokuk A Des M.— Ist, Ss.. 1923
Ohlc. St. P A Kan. City—53.. 1936
Minn. A N. VV.— Ist, K., 58. .1934
76
62 H)
A Minn.- l8t,6s...l918 119
C— let, 68
1919 120
A W. Ind.- l8t, s. f., 6s. 1919
General mortKaRe, 68
Ham. A D.— Con. 8. f.,
1932
1937
L.A Chic.— Ist,i?.,4s.l930
68
1920
Oln. Jack. A Mac— Ist, «., 53!l»36
Kiev. Ak. A Col.-Eq. A 2d 68.1930
92
aC.C. ASt. L., Cairo div.— 48, 1939
85
8t.Lou.Ulv— l8tcol.t3'W8,(?.19im 85
Sj.ring.ACol. Div.- l8t,g. 4s. 1940
JVhite\V'.V»I.Dlv.-lst,^.48. 1940
Cln.San.Acn — Con.l8t,g.58, 192s 105
Ol.Col. Ciu. A Fnd.— Ist, 7»,8.f.l.~i99 111
Consol. sink, fund, 78
1914
Oleve. A .Mali. V.— Gold, 5s...l93H 102
OoluraUo .Midland— Ist, (5., 6s. 1930 108
OoluiubiaA Green.— Ist, U.S.. 1910
99
90
,
2d, 68
Del. Lack.
111
W.-Convert.'78',1892
132
125 128'«
134
1900 110
1901 119i«
1915 136 138>«
1907
A N. Y.-lst,
Moms A Essex—Ist, 78..7V.1906
..1914
8vra. BiuK.
Bonds, 78
780flS71
1st, eon., (filar.. 78
Bel.
Hud. Can.- I8i, ex.
A
Ooupon, 78
7s.l891
,
'
5s
»q.4Inip.,g.,58
Mobile A Birm.— Ist,
i;.'.';i93'
109
1421s
1261*
119
i'do'
80
112
"s's'
1938 "ii'
g., 5s..
1937
Alabama Central— Isl 68. ..1918
nc-lst, extended, 78
113
189
extended, 58
Sd. extended, 4ia»
4th, extended, 58
5th. ext(md«d. 48
1919
1923
1920
V. 1928
1920
1908
1916
«[,
1st, cons., fd.
coup., 78
^^'K- Ist lien, 68
B.N. Y AE.-l8t, 78
N. Y L E. A W'.— Col. tr.,68.192a
Funded coup., 58
1969
Income,
119
i'09'
iis'
101
128
1035b
132
'si's
110
95
1977
6s....
.
Mt.
. . .
1923 110%
Sul. C>). Branch- Ist,
g.. 58. 1930
vans. A Indian.- lal, eons. .1926
110
FUnt A P. Mar.,.— Mort., 68...1920 117 118
l8t con. gold, OS
1939
97
Port Huron— Ut..58
1939 07^8 »9
»
5a---.1918
tJJforUi AR.G.-Utg..58..1928
Nu
107 «
00
108
110
70
73''e
102's
115
'125
lll>« 1151a
lOd 110
100 >« 101 14
99
116
94 100
ao
34
;io5
84
ids"
103
112 Hi
61>«
'
ATox.— ist,
48.
114
6»
A
CUarl.—Os,
Ist con. Tenn lieu. 78
.Mexican National— Ist,
2d, income, 63, "A"
2d, income, 68, "B"
.Michigan Central—6s
g.,
'
82
72'
A
A
Arlx. Cent. l8t,6a,g. 1916
1916
A
Daiiv.— Debenture 6a. 1937
lOOO
M. a. f.,g.. 5a
Atl. A Char.- lat. pref., 7i..I897
19O0
do.
Inrnine. Oa
RloGr. Junot.,lBt.gtiar.,g..SB.1938
Rome Wat. A Og.— 1st M., 7i.l89l
1026
St. Jos. A Gr. Is.— 2d Ino
Kan. C. A Omafio— 1st, 6a. .1027
Inc7a.l894
8t. L. A. A T.U-id m.
98
99 If
115
1917 43
11
1917
1909 '115
102
40
14
120
112
99
1027 109 <
1909 106 107
67
2dniortg., 7s
1891
Southwest Ext.— 1st, 78
1910 95
95
1921
Pacific Ext.— Ist, 6s
1922 59
Impr. & equipment, 63
60
Minn. A Pac— 1st mortg., 5s. 1936
86
Minn.S.Ste. M. A AM.— lst,58.1926
86
Minn.8t.P.AS.S..M-l8tc.g.48.1038
Mo.K.AT.— K.C.AP., l8t,4B,g.l000
73
86 Si 89
Dal. A Waco— Ist, 58, gu.... 1940
90
Missouri Pacific -Trust 58... 1917
1920 79 1« 80
l8tooU.,.58, g
St.L.Al. M.-Ark.Br.,lst. 78.1895 105 Vt
6s...
Ist
ext.,
1927 II014
Ohio—
Mobile A
80
1931
St. L. ACairo
48, guar
109
6s.
1920
A
T.—
1
Morgan's La.
81,
1018 120
Ist, 78
109
Nash. Chat. A St. L.— 2d, 68.. 1901
.Vew Orleans A OiUf— Ist, 68 .1026
Pr.
I.,
68..
1015
No.
E.—
g.,
N. O. A.
1005 lOlia 102
N. Y. Cent.— Deb. g. 48
N. J. June— Guar. Ist, 48.. .1086 100
Seech Craek— lat, gold, 48.. 1036
951a
108
N. Y. N. H. A H.— Ist, reg. 4s. 1903 105
N. Y. A Northern— 1st, g., 58.1927 104
1927
56
2d, 48
2d, 4ia8.1937
75
83
N. Y. Susq. A West
1940
82
Gen. mort., Ss, g
102
North'n Paeiiic— Divid'dscrlpext
James River Val.— 1 st. Ss. . 1 936 106 >•
1036 100>a
Spokane A Pal.— 1st, 6s
—
1932 110
1034 108
1924
1008
1067 04
76
Ogd.A Lake Ch.— 1st con. 6«.. 1920 104
Ubio A MI.S.3— 2d consol. 78... 1911
1905
8prlng.Uiv.— IstTs
General 58.
J?2? .
193«,*
Ohio Klver RR.—lBt. Si.
Geu.g.,58
;--}»»«7i* 87
Oreg.
Ry ANav.-OoLW. g..B«a»lB.'
made ttala week.
price Friday: tneae are tbe lateat quotations
75
77
4S....1932
St. Lou. AS.Fran.-Equlp., 78.1895 100
95
1931
General 38
1987
1st, trust, gold, 58
Kan. City A 8.— lat, 6s, g...l916
90
Ft. S. AV. B. Bg.— lst,6«...1910
1931 105
8t. Paul A Dululh— l8t,6»
1917
2d mortgage 5s
St. Paul Minn A M.— Ist, 7a.. 1909
1909 '114
2d mort.. 6a
Mlnneap. Onion- l8t.6a....l922 112
Mont, Con.— 1st, guar., e8..1937
1937
lat guar. g. 68
98
East. Mlnu., lat dlv. lit 68.190s
San Fran. A N. P.— Ist. g., 58.1919
Car.
or*
110
84
71
AShawt-lstg.
80
lom
lis
i'u>a
100
00
88
80. Pac. Coaat- lat, guar.,4a.l037
Texas Central— Ist, a. f., 78. 1909
1911
1912
Sabine Division, Ist, 68
Tex. A Pac, E. Dlv.— Ist, 6s.l905 •101
llSi*
1937
(N.Y).—
I8t5a,
Third Avenue
80% 80 1«
1917
ToL A. A. A Cad.—6s
1919
P1.-6S
Tol. A. A. A Mt.
1940 "si"
Tol. A A. AN. M.-58. g
1896
1897
1898
1908
Collateral Trust, 68
1907
Collateral Trust, 68
1894
Gold. 6a, ool. tr. notes
1895
C. Br. U. P.— F. c, 78
Atch. Col. A Pac— Ist, 6s... 1905
Atch. J. Co. A W.— 1st, 68.. 1905
U.P. Lin. ACol.— lst.g.,5s. 19l»<
Union Pacltic— lat, Cs
lat,
Ist,
6»
6s
.
107%
109
110>4
911a
80
93
100
77
80"
-31a
73
106
75
1926
Oreg.8.L.AU.N..col.tr8t.,5a.l919
Utah
A North.— iBt, 78.
190t.
Gold. 5s
Utah Southern—Gen., 78 ..1909
70
98
96
1909
Exten., ist, 78
106
Valley R'y Co. of O.—Con. 68.1921
Wabash— Deb. H., series "A". 1939
1895 107 ••
No. .Missouri- 1st. 7s
St. L. K.C.AN.- R.E. ARB.78. 1 895 105 >« 107
8t.Charle8 Br' ge— 181,68.. .190S •lOd
West. Va. C. A Pitta.— Ist, 6a.l911
104
WheeLAL.E.— Ist. da, gold. ..1026
1930 03 1«
Extension A Imp. g., .58
.UiKcellaiieoua Bonds.
Amer. Cot. Oil Deb., g., 8a... 1900 101% 101%
103
Amer. Water Work.s— ist 6a.. 1907
97 •
1907
lat oona. 58, g
Cahaba Coal Mln.— lat g. 7b. 1007 108 113
Chic J un. AB. Yds.—Col.t.i,6a, 1015
1919
Colora<lo Fuel—Gen. 6a
95
Col. A llock. Coal AI.—6a,g.. 191
Couaol'u Coal— Converges... 1897 '102 la 10«
7«ia 78
Cona. GBiCo.,Chio.-lat gu.5a.l936
Denv. C.Wat.WkB.—Gen.g. 5a.l910
Det.Uu.Dcpot48tn— latg. 4a.lB38
09 If
Edison Elec. III. Co.— lat, 6a. 1910
.
Equitable G.
A F.— lat 6a... ..1006
6a.l931
5a. 1910
Tcleg-li—
«.1911
6a.
Uni.ui
.\lutiiiil
Gen.,
6b.
.1933 116>i 117SI
St.Paul A N. P.—
Natiuu'i SUrch Mfg.— lBt,««.1920
HelcuaAKcdM'n-lbt,g.,6«.1037 00 100
68,1920
1.—
lat,
g.
C4
Perry
DulutbAManitoba— l8t,g.6tl936 104>a
N. Y. A
Northwe«temTelegraph-7., 1904
Dul.AMaii Dak.Dlv.— 18168.1037 104 •« 106
People'aGaaAOoko 1 Iatg.6a.l0O4
C«ur<rAlene— Ist. 68, gold. 1016
$3d«.aa,1904
Co., Chicago
1038
104
Uen. l8t,g.,«3
1919
Peoria Water Co.—aa, ft.
Cent. Washington— lst,g..6iie38
Pleaa. Valley Coal^lai g. «a.l020
Norfolk A West.—General, 68.1931 117%
Equlpuiout, .58
Cliucb Val. l8t5B
Soloto Val. A N. E.— 1b1,4»..1900
103
101
55
1804
Dividend bonds
Bellov. A 80. lU.— Isl, 8a. ..1896 110
1923
Bollev. ACar.— 1st, 68
Chl.8t.L.APad.— I8t,g<l.g.5sl917 100
81
8t. Ixuils So.— Ist, gd. g. 4s. 1931
65
do
2d lncoino,5s.l931
Ist mortgage, 78
1931
1940
Mil. L. S.AW.— !7onv. deb., 53. 1907
99>a
Mich. Div., 1st, 68
1924 115
Ashland Division— 1st, 6s ..1925 115 123
River, 1st, 68
88
Texas A New Orleans— l8t,78. 1005
Coupon, 5.S
Mortgage 4s
New
91>*
101
100
. .
. .
1:il5
6s. 1927
Pitta, dt L. Er.— 2d «. 6i, "A". lOa-i
Pitta. Mc. K.
1932
lite*
Pitta. PalnsT.
F.— iBt, &a...lOie
Shenan.Val.- Ist Ts, g. tr.reo.l909
Gen. 68, g., tr. rec. aast'd...l031
1031
South Carolina -2d, Os
...1934
1934
1917
1000
gold.. 1924
g,
i'do
1
,
Eciillp.
100
8S
112
98
Ohio (nd.AW.— lstpr<-f..%a..lu:iH
Peoria A Pek. Union — Ist. 6a. 1921
2d mortg. 4 >«i
92
Plilla. A lieiul.— 3d pref. convert
ntt8.C:.CA8t L.—Con.g.4>««AI940
Pitta. Cleve. A ToL— lat, A«...1922
Rich.
•111
>
U
2d Income, Bs
At,-
Ist, 6s, gold. ..1921
Collut. trust, 5s, g
1!»31
Nash. Klor.
S. Ist gu. 5s.,1937
Bill.,
2d. 7s
1013*138 139
3d, 7a
1013 13*
1*9
Clev. A P.— <>ina.,i. fd., 7».l»90l 130
4tli,slnk.rund
S«.I8»3| 101%
Bt.
V. AT. II.— l«t,e«., 71.18071
lis
3d, 7s
18081*103%
3d. guar., 7a
1808
Peo.AE. lnd.B.AW.-I»l,pf.7a.I9O0 itaif
Presc't
106
100
100
103
97 «
97
A
Lou.N.Alb.ACh.— Gcn.in.g.58.1940 80
A
BRointiTm.
AY.—
112
•106
.
.
85
70
106
91
1
Imp. A Ext., 68
Adfustmont M., 7b
\«mon— l8t 68
r.*ii'°'l, ^^J'';.-^'"'
75
03
.
114
A 8. W.-Mortg. 68!;!.'l908
•?>»• «• 5s
1909 1025
^^^ft'lV
Coal
A RR.—»!
6s...
ih2 '
Svans A r.H.-lst,con8.,6i"l92i iVs"
Buff.
61
. . .
1894 10s 14
•;» l"v., coup., 7s
1917 138
Albany A 8n8q.—lst,gn.,78.1906 125
Ist, cons.
(Tuar., 68
1906 116
K«ii». A Sar.— lat. coup., 7s.l921
0«nver City Cable-lst, 6s.. .1908
D«nv. A R. G.-Imp.,g., 5s... 1928
79>a
B. Tenii. Va. A Qa.— Ist,
7s.. .1900 111
DlviBional .58
1930 105
let «xt.. (fold,
98 >t
Incomes
Minn.A St. L.— Ist, g. 78
Iowa Ext-ntlon, 1st, 78
lj)2(j
A
MortKago 78
lom 101%
. .
.Memphis
123
8.1905
St.
I.
Consol
'
Manhattan Ry.— Cons. 48
2d. Kold, 4I9S
Oin.
.
2d mort., 5s
Louis. St. L. A lex.— 2d
Paul AS.
Oil!
C—
Lou. N. O.
Chie.St. P.
8t.
l8tg.,,5s (Int. gtd,
1937
g. 6s (int. gtd)
1912
Gen. g. 48.(lnt. gtd»
1821
Dobent. 6s, prin. A Int. gtd.l897
Debent. 4s, prIn. A int. gt<1.1897
Illinois Central— Ist, g., 48
lOIVl
Ist, gold, 3ia8
1951
Sprliigr. Div.—Coup., 6s. ... 1 800
Middle Div.— Reg., 58
1921
0. 8t, L. A N. O.-Ten. I., 78.1897
1st, oonsol., 78
1897
2d, 68
1907
Gold, 58, ooupon
1951
Memp Dlv., 1st g. 4s
1951
Dub. A 8.
2d Dlv., 7s
1894
Oed. Falls A Minn.— Ist, 78.. 1007
Ind. D. A 8pr.— Ist 78, ex. op. 1006
Inter. A Ot. Nor.— Coup. 6s.
1900
Kanawha A Mioh.— Mort. 4s. 1990
Kan. C.Wyan. A N. W.— st, 38. 1938
L. 8h. A M. So.— C. P.AA.-78.1892
Buir. A Er.- New bonds, 7s. 189m
DeL M. AT.-lst, 7»
1906
Lake Shore— Dlv. bonds, 78. 1899
Mahun'g Coal RR.-lat, 58.1934
Kal. All. A G. R.— Ist gu. 5?.1938
I*highV.,N. Y.-lst gu.g.4'a8.1940
.ItchL Car. A West.— 1st 63. g. 1916
l/onglslaud- 1st, 78
1898
N. Y. A B'wayB.— 1st. g. 58.1027
2dinortK., iiic
1027
emithtown&Pt.Jeir.— lst,7» 1901
Louis.Evans.&St. L.— Con..5s.l939
Ixiuis. ANasb.— Cecil. Br. 78.1907
Peusacola Division, Os
1920
St. Louts Division, Ist, 6s.. .1921
2d, 3s
1980
Nashv. A Decatur- ]8t,78..1900
S. f.,68.— S. A N. Ala
1910
10.40, gold, 68
1024
50 year 5s. g
1937
Pens.
102i«
l8t, 2i2S
Ohlc.
e4>f
77
80
37 >« 89%
9a7 103 >a 104
1
1014,
1901
Os
Dc6 .\I. A Minn.- l8t,78....1907
Iowa .Midland— Ist, 88
1900
Chic.
125
119
'117
L. 8. Ist,
Peninsula— Ist, eonv.,
i'32
119\
M., 7»
Escanal)a
97^
118»8
OUl. Mil. A St. P.— l8t,8s,P.D.1898
2d, 7 3-lOa, P.
1898
1897
A D., 78
1899
l8t,C. A M., 78
1903
let, I. A D. Extension, 7a... 1908
Isl. LaC. ADav., 58
1919
l8t,H. .t D., 7»
1910
l8t. H. A D., 5s
1910
CWiitiKd A Paclflo Div., Os-.IOIO
Mineral Point Div. 5s
1910
C. A L. Sup. Dlv., 58
1921
FarKO A South., (is, Assn.. .1921
Inc. conv. sink, fund, 5s
1910
Dakota A Gt. South., 58. ...1910
Oblc.&.N.W.— 30 year deb. 58, 1921
'
. . .
101
104
104
Ohio. Burl. A Nor.— Dob. 08... 1890
Ohif. Biirllnir. A Q.—5s, e. f..l901
1!I03
5b, convertible
Iowa Div.— .Sink, fund, Ss.. 1919
A
1
Cons.
Klver— 181,78.1900 lie
A Chic—
l8t, I.
iBt, I.
Os. ...
«.
Penn.RR-P.C.A8.U-lat,e.,7l.1000,'lTo~
Pitts. Ft. W. 4iC.-lat,7a...lori
Haven A Derby, C<>ns.5a..l918 101
I12i« Hnus. AT. C— Waco A N. 78.. 1003 111
118
I.. Jftoks.
lBt,7s. 1894
1st, iru»r. 0«4), 7«
1894
MIss.R. Krldi{(v-lflt,s. f.,0s.l9l2
8t.
*k.
N.
1H93 101^ 105%
1903
Bid.
Hnr. A Han Ant.-lat,0ii.10in
0*1. H. AS. A,— 2rt mort.. 7s..l90S
Wont. Dlv., 2d 6a
1 931
U«. Bo. A Fla.— IbI, g. 68
1987
Grand Rap. A Ind.— Gen. 5s.. 1934
Green H. W, AHt. P.-lst6a .1911
2d Income, all subs, paid
rial.
lOT's
West. Pixtllo— Boudii.es.
lSi)9
N". Kallwiiy (Cal.)— l8t, On. 1!)II7
SECnRITIKB.
ABk.
t06\
Osntral Pnolflo—Gold bda, Bs, 1805
add bonds, 68
18»e
»old l.oiids, ea
1807
8nii Jomintn Br., 6«
I!)00
Mort, Ki.ld !Ss
19:»9
'
669
Henderson Bridge-lat
g.
Hobokeu Land A Imp.—f.
961a
107
104
106
104%
06
iod"
1031a
96%
100
06
ioi~
ProctorA Gamble— lat,«., 6a. 1040
Weat. Uulou Tel.— 7b... 1*76-1000 110
ITnllaled B«ada.
9S%
90
Ala.AVlcks.-C<m80#.->g..l92l.A*0
income till '94. 1921..AAO 70
M..
2d
07%' too
Vlcks. A .>lorid..UtUa,1921.AAO
7«ia
Atlanta A Charl. -lat 7a,l907J*J 118 '1
31
ComaUKkTiin.-Inc4a, 1919.IIA.S 37
Georgia Pac-lat 6a. 1923.... J*J. 101% 109%
A*0| 64H 64%
OonaoL 5 K 19-23
Ineome 6a ...
08
79~
UttiVK-AMem.- lat6«.l»ir7.MM "78%;
110 iiu
.
J
THE CHRONlCLEi
670
[Vol. Llli.
Latest Earnings Reported.
%nmstmtnt
Roads.
Week or Mo'
OeorgiaER
Septemb'r.
Geo. So. AFla.. .Sei'temb'r.
Oeorget'nAW'ii August
Gr.Kap.AInd.. 2d
wk
Oct.
Oin.R.A Ft. W. d wk Oct,
The Investors' Supplement, a pamphlet of 150 pages,
Other lines. .. 2d wk Oct.
Total all lines. 3d wk Oct.
tantains extended tables of the Stocks and Bonds of Rail- Grand
Trunk... Wk.Oot. 31
Chic AGr.Tr. Wk.Oet. 21
roads, and other Companies, with remarks and statistics conDet.Gr.H
AM
cerning the income, financial status, etc., of each Company. Great Nortb'n- VVk.Oct. 24
P.
M.
AM.
month—
8t.
every
other
Saturday
the
last
October
of
It is published on
East, of Minn. October...
viz., January, March, May, July, September and November,
Montana Cent. October
.
.
. .
furnished without extra charge to all regular submsribers of the Cheoxicle. Extra cojnes are sold to subaeribers of the Cheonicle at 50 cents each, and to others at
and
is
$1 per copy.
The General Quotations of Stocks and Bonds, occupying
in pages of the Cheonicle, are published on the third
Saturday of each month,
RAILROAD EARNINGS.
Latest
Eamtngt
Week or Mo
BO^DS.
Alabama Midl'a Septemb'r
AUegheDy Val.. Soptemb'r.
Atoh.T.&a.Fe. 3(J wkOct.
Half owned ... 3d wk Oct.
Total system. itliwkOct.
St L. A San F Sd
Half owned.. 3d
.
.
wk
wk
Oct.
Oct.
Tot.S.L.&S.F. .ithwkOcr.
AK*r. total .. ItliwkOct.
AtlantaJzOhar.' Aiiaust...
Atlanta <tl'"lor'a Septeml/r.
Atlanta A W.Pt. Septcmirr.
B.AO.EastLines Septemli'r.
Western Lines Septemb'r.
„
Total
Septcmb'r.
BaLAO.Soutbw. 4tUwkOct.
Balt.&Potoa)r>i< Sepicmb'r.
Bath&Ham'iids
AiiRiiat ...
BIr. & Atlaiilic. gentcmb'r.
Bir.Sh.A-Teun.K .4nsiiPt
Baff.Rocli.A-Pllt
ithwkOct.
Bar.C.Kap.&S. 3d wk Oct.
Oamden AAtl. Septemb'r.
0»nadlanPacltloi4thwkOct.
Op.F'rAYad.Val 2d wk Oct.
Car.Ciim.OACh.Aiij.iist
Car. Midla nd
Aiigu.st
Ced.Rap.i.-Mar..!.Septemb'r.
Oen.Kk.A Bk. Co July.
Central of N. J . Septemb'r.
Oentrul Paciflo. AiiRust.
Central of B.C.. .^upist
Ohar.Cin. ACliic Septcmo'r.
Charlest'n A Sav Septemb'r.
Ohar.Siim.&No. Septemb'r.
Chatt'n'gallni'u Septemb'r.
.
.
.
.
.
Oheraw. ADarl.
Cheraw. A Sallsb
Obes.AOblo....
Ohe.8.p.AS.W.
Clue.
A
August
Aujnist
tthwkOct,
Septemb'r.
„,.,„^„,
Alton.
.Septemb'r.
Burl. A Q. Septemb'r.
East. 111. UthwkOct.
CkUy.iiio A Erie. Augusit
^
^o.A
.
.
0.
^c.Mi,.ASl.l'.,4thwkOct.
Ohlc.AN tliWu. Septemb'r.
Reported.
1891.
1890.
Jan, 1
to Latest
1891.
I
Date,
1890.
OUcSU'.M Ao.Leptembr:
Calc AW Micii.
wff Oct.
Oln.Oa. A Ports. Beptemb'r.
:irt
Cln. Jack AM,ic.l4ti,wkOct.
Cln.N.O.AT.P.
sdwkoet
wkOet.
wk Oct.
Ala.Ut.Soiitli. 3d
^.0^1. AN. E. 3d
Ala A Vicksb. 3d wk Oct.
VICKS. fill. &p. 3d
Erlaii^erSyst. 3d
Oinii.
wk
wk
Oct.
Oct.
Norlhw'u Soptcmb
^^- }'Vti * V..'Sti.lcmi.'r.
Col. A »lay»v.k(.pteml)'r
aa.Wab.AMicb.'septemb'r.
raev.Akr.iuACol 3d wk Oct.
Oie-r. A Uuiton.. AiiKUst.
OI.C1U.C11.AS.L 3d wkOct.
V^.''"^''''"-H^<1 wk Oct.
m.
^'•*,'Ji',"etta Septemb'r.
.
.
OoLBUuwiiccAU October
. .
I
g!?I' * »*'» «r-UthwkOct:
SS! M°l\-^ No. Septemb'r.
Oct.
Oct.
. .
A
I!iu(ir.'4thwkOct.|
»». Car'la
<k
No 'August
2H.371
10.242
16.300
190,360
1,902
26,008
I
00,163
691.910
34.181
7.116
20.99'
89,5C5
39.221
23.311
16.812
14.99
183,909
2,050
2J,461
l,iill
969
75,300
20.237
54.627
17,277
68. .528
55. .576
273.094
35.66b
279.370
33.118
34.685
55,923
316,683
36,146
7.2C(i
BlUatbB.H.AAtllAugiisi
»u^uthA\v;ii,n.Se,4cmb'r:
="*^*kOct.
KiI?n''?J';-5^''^
Elgin Jol.Atasi. Soptemb'r.
«to.Lex.AB.8...|July
gT«n».Atnd'pll> UiUwkOct.
T»n«T. A T. H. 4thwk Oct.
August.
S!?'''*'?^
IJlnt.AP.Maru, :i,l wk OcU
Soreiice
August....!
gor. Cent.* P. 3d wk Oct J
FtVi.
1-6.072
40.375
<!0,19'2
Colusa A Lake.. Septemb'r.
Conn. Itiver.... Septemb'r.
CurrcLt Klver..|3d WkOct
-•' «"
n^.V?*^
DeULans^A-V'P
i{AN(>'3d wk
862,312
36,764
7,001
20,405
338.982
70.157
2,750
102,948
3.262
275.500
15.055
20.756
..
Housatonic
.
.
Septemb'r.
.\ugust
Humest'iiASheu Siptemb'r.
Htitch.ASouth'n Septemb'r.
IlliuoisCentr'l.. 8eptemb'r.
Ind.Dec.AQuin. Septemb'r.
In. AGt.North'ii 3<1 wk Oct.
Iowa Central... tthwkOct.
Iron Railwav... Septemb'r.
I'k'nv.T.AK.W. Septemb'r.
Kanawha&Micli 3d wk Oct.
Kan.C. Cl.ASp 3a wk Oct.
K.C.F.8. A Mem. 3d wk Oct
K.C.Mem. A Bir. 3a wk Oct.
Keokuk A West 3d wk Oct.
A
So
L. Erie All.
West .
L. Erie
A
Septemb'r,
llhwk Oct.
Shore A M. 8 luly
Lehigh A II uu.. October
L. Rock A Mem 3d wk Oct
.
4S,003
43,693
238,064 248,631 1.871,881 1,92.5,143
789.9S6 7 12.960 26,299.495 24,767.978
40.133
39.2.53 1,367,041 1,322.094
1,163,760 1,099,6' ;2 2S.830.296 27,189.731
172.9S7 156.037 5,426.088 5,145.217
39.390
38,409 1,338,107 1,294.791
326,874 287,057 7.091,971 6.727,063
1 .490,635 1,386.719 35,922,267 33,916,796
61,409
65,964
10.201
15,357
46,775
46,.525
3'20.875
330,870
1,803.018 1,710.630 14,177,049 13.858.245
5U0.335 512.193 4,083,126 4.210.928
2,303,353 2.222,823 18.260,175 18.069,173
81,036
73.233 2,059,174 1,938,968
155,989 143,386 1,303,282 1,'257,922
2,796
2,550
14,147
12,343
4,045
6,345
38,403
58,319
1 5,682
20,393
131,865
126,088
97,986
73,333 2,333,172 1,808,670
101.861
81.013 2,925,603 2,545,054
84.473
78,642
666.675
670,657
656,000 602,000 16,231,700 13,749.335
15,715
16,559
461,2(!7
431,434
3,688
2,559
29,385
16,983
4.381
4,876
2.7O0
2,551
496.9S2 416,641
1,271.638 1,237,244 10.416,476 9,912,558
1,610,914 1,637,457 10,785,909 9,970,502
7.707
7.901
61,964
75.758
12,000
13,573
112,465
89,120
46,663
49.837
554,256
500,443
17,000
9.300
84,600
47,880
8,517
9.955
74.800
86,570
6.252
7.836
65,276
62,257
1,328
1,448
15,275
14,365
292,650 234,240 7.262.169 6,399,640
211,636 206.449 1,697,471 1,53:.',437
755,400 659,800
3,713.13.1 3,244,467 24.466,057 25.919.126
90,139
88,020 3,105,851 2.6S9.132
250,485 235,761 1,700,717 1.807.135
1.202,524 953,843 23.554,6L 21,706.564
3,186,213 3,030,659 20.656.800 20,376.035
24.540
17,540
911,714
561,197
31.111
ithwkoct.
S?"':-''''-'";!Co
.H. ^ Ji Tol. October
A Chicago.
I-.
»
$
01ilc.Peo.AS.i>. 3d wk Oct
Ohlc. K'kl.Al'.a October
1.739,477 1,756,431 14.141,301 14.287,8'^5
Clilc.8t.l-.AK.l;.l3d wk Oct
100 531
I
Tot. system. October
Gnlf
28,344
262,49
5,479
159,560
62,147
80,000
10,428
33,329
641.698
57.,")07
2.086
20,572
20,000
8,062
2,02'
106,54:
3,209
282,000
14.074
26,405
9.054
25.649
216.498
4,215
16(i,.5fl7
61,866
78,067
9,455
31,308
701.640
3.616,613 3.467.713
5,424.132 4.833.672
1,118,311 1,273,050
50.063
49,070
607.388
563,776
3,464.872 3,539,543
1,481,420 1,535,181
904,991
974,930
493,8SS
510,366
469,576
457,170
6,814,748 7,026.195
15.596
15.002
179.278
169,303
9.435
7,207
542.386
444.977
762,324
678,339
458,241
352,999
10.708.206 10,528,772
1.333.188 1,194,284
253.926
210,511
1.696.850 1 ,559,247
2,712,840 2.484,146
481.453
252,553
21,865
19,210
824.511
843,410
124,190
13.4,4 31
7.070.761 7,155,817
9.5.638
88,051
146,807
161,455
366,870
429,893
1.002,292
978,413
54.032
5,634.559
510.667
417,274
283,563
973,721
4.546,9.57
56.130, 2.337.409
2,490
27,637
22,4141 1.119.268
12,199
216.322
3.7J7
73.003
38,256
5,916.554
432.971
446,063
249.908
879.126
4.595,556
2,368,885
24,761
927,7«8
117,586
36,892
Long Island
.
IthwkOct.
Louis.AMo.Kiv July
Louis.Ev.ASt.L. 4thwk Oct.
Louisv.ANash'v. Ithwk Oct,
Louis.N.AACU. 4thwkOct.
Louisv.N.O. AT. 4thwkOct.
Lon.St.L.ATex. IthwkOct.
Lyucho.&Dur'iu Septemb'r.
Memphis A Cha.= 3d wk Oct.
tMexlcanCent... 4tbwkOct.
JMex. National 4thsvkOct.
.
IMexican K'wav
Mich.C.ACan.So
Mil.L.Sh.AWcsl
Milwaukee A No
Mineral Range..
Miuneap. ASt.l..
M.St.P. AS.S.M.
Wk
Oct.
3.
July
IthwkOct
IthwkOct.
Septeu.b'r.
Septemb'r,
Septemb'r.
Mo.K,an.ATe.vfc Ithwk Oct.
Mo.Pac.&IrouM IthwkDct.
Mobile ABirm.. IstwkOot.
A Ohio..
October...
Monterey&M.G
Septemli'r.
Mobile
Nash.Ch.AStl..c Septemb'r.
N.JersoyAN.Y. August
New
N.
N.
N.
N.
N.
N.
Orl.
A
So'n Septemb'r.
Y.C. A U.R.c October...
y. L. E.
A W.
August....
V.Pa. AOhio August....
Y. AN.Eng.. Septemb'r.
Y. ANorth'u. Sepieml)'r.
Y. Ont. AW:. 4thwk Oct.
N.Y'. busq. A W.. Septemb'r,
Norfolk AWest.. ithwkOot.
N'theasfu (S. C.) August. .
North'n Central. .Septemb'r.
Northern Paei lie 4Ih\vkOct.
.
No.Pac.AW.C.
Ohio A Miss
Ohio River
Ohio Southern..
Ohio Val. of Ky.
Ithwkoct.
IthwkOct.
4tlnvkOct.
4thwkOct
3wksJuly.
Omaha A St. 1... Septemb'r
Oregon Imp. Co. August
Pennsylvauia .. Septemb'r.
PeonaDec.AEv. 4thwkOct.
Petersburg
Septimb'r
A Erie...
A Kead'g
Coal A Iron Co.
Phila.
Phila.
Septemb'r.
Septemb'r,
Septemb'r.
Total both Cos. Iseptemb'r.
Pitts.
Mar.
A Ch.lSeptenib'r.
Pitt.Shen.AL.E.;scptomlj'i'.
Pittsb.
A
West'bjuiy
Pitts.CloT.AT.'Jnly.
Pitts.Pain.AF. July
"Total system IthwkOct.
Pitt.Youug.AA. Septemb'r.
Pt. Royal A Aug. August
Pt.Koy.AW.Cu. .\UgU8t
Pres.AAriz.Ciu. Septemb'r.
QuincyO.AK.C. Septemb'r.
Bich.ADauville. Septemb'r.
vir. Midland.. Septemb'r.
Ohar.Col.AAu. 8e|)temb'r.
Col. A Green V. Septemb'r.
West. No. Car. Septemb'r.
Georgia I'ao
Septemb'r.
Wash.O.A W.. Septemli'r.
Ashv. ASpart. Septemb'r.
Total Sys'm. 3d wk Oct.
Rich. A Petersb. Septemb'r.
Rio Gr'dc South. October...
Rio Gr. West... 3d wk Oct.
Rome W. A Ogd. October...
Sig.TuscoIaAU. Septemb'r.
.
St.L.AAT.lI.Ii's
St.L. Southw'ru.
3d wk Oct.
IthwkOct.
St.PaulAUul'th October...
S.Aut.&Ar.Pass. tthwkSep,
S. Fran.AN.Pac, 3d wk Oc-.
Sav. Am. AMon. Septemb'r.
Beattle L. S. A E. 4th wk May
Silvertou
August
SiouxCityANo. August
South Carolina
So. Pacillc
.
Septemb'r.
Co.—
Gal.Har.AS.A, Septemb'r.
Louls'a West.. Seiitemb'r.
Morgan'sLAT. Septemb'r.
W V, T. *!Hpy Sepreuih'r.
1891.
1890.
140.118
61.488
2.930
50,172
176.537
68,642
3.103
53.482
9.837
3.785
67.104
9.971
to Latest
1891.
',398
71.24
25,520
V!
*
1,294.034
1.267.373
524.168
26.402
2.087,017
552.60G
27,913
1,898,131
1,601,427 1,330,122
149,578
75.852
8.833.004
878.511
1.058,600
1,868,633 l,514,92i: 10,770.112
2.947
2.890
26.565
158,6.58
152,990 1,004,713
18.000
15,170
122,1,04
9.167
1,638,907 1,552,924 13,278,296
41,457
39,876
350,613
117,015 105,211 3,036,944
52,818
45,616 1,439.556
2,705
2,855
25.643
4.',189
29.942
565.832
7,755
7,082
258.204
5,790
8.383
248,( 39
102,861
92.710 3.695.588
29.065
22,077
919,269
8,779
9,042
320.711
6,467
6.370
53,956
102,617
84,620 2.671,908
1,840,«5;' 1,701.812 11.390.897
34.781
34,011
346,223
21.135
17,563
531.020
75,749
76,837 3.551,811
42,053
31.3.i2
233.040
49,944
42,745 1.294.498
645,790 593.410 16.609.890
89,302
82.807 2.394.690
171,420 119,287 2,915.695
16,224
13.089
382.648
11,525
12ci.94
12.156
43,523
43,633 1,258.066
279,174 196,170 6.025,8*^9
150,604
95,466 3,495,53.S
68.5
87,100 3,123.333
1,261.360 1,193,764 8.220.360
114,'307
126,649 2.998.388
62.578
43,091 1,432.281
13,924
12,439
104,927
196.530 152,8u>0 1.244,563
265,530 167.099 1,679,209
367.390 342.788 7,640,598
1,050,000 931,000 20.881,80"
7,065
6,840
195.146
317,936 325,700 2,8a3.755
75.671
40,150
652.200
479.9.55
350.009 3,372,071
30,209
26,857
188,545
1 '22,986
13.583
11,992
1.173,663 3,63.5, 1 .54 36,172,094
2,916,268 2,798,618 19,550,584
699,624 667,071 4,532,716
58*3,790
562.784 4,619,930
47,388
40,553
380.771
100,049
78,784 2,545,858
158,121 145,716 1.218.550
186,219 181,555 7,.505,804
36,788
501.^72
42,334
625.919 608,278 4,979,824
1
,040,5
4
2O..508.O9
1,036.236
1
1,192,070 1,218,283 24.756,715
94,769
3,522,1 3 1
84,943
"
17,-'25
572,41
15
483,410
18,448
16,450
155.423
16,188
13,976
350.533
5l',145
46.111
440,610 419,870 2.676,762
6,159,557 5,780,339 49,527.125
2v>,773
731,896
22.921
399.349
36.031
39.125
503,796 483.619 3,803,058
2.124.961 1,932,712 15,970,414
2,318,269 ,097,116 14,612.281
4,473.230 4,029.828 '30,582,69
3.5'24
32.920
3.902
212.080
35.141
22,523
819.137
140.680 123.989
256.946
46.830
39.715
168.516
32,991
24.612
69.912
71,703 1,887.107|
932,101
150,081
121.2S
24~,133
25.518
22.305
262,669
26.476
31,111
100,013
12.200
12.962
l''9,729
26,313
24.495
490.300 498.550 4.357,000
213.100 210,200 1,707,039
696,546
71.900
85,900
598,801
67,600
79,800
117,628
108.946
.
114,900
176.200
17,620
16.700
353.705
25.294
42.5J4
61.900
354.509
11.498
35.140
183.359
248,373
43,59'.
19.505
52,820
10.150
13.756
32,10157,000
Dale
1890.
351,379
372,607
177,455
171,210
2,426.966 2,630,834,
4'20.271 16,201,816 16,823,579
75,847 2,985,496 3,075,526
26,139
976,353
921,818
4,695
61,838
43
Jan. 1
85.'200
786,380
158.300 1,416.070
117,855
16,950
121,133
15.700
331.075 10,922,636
250.216
25.667
240.942
4i'.206 2.054.972
356,235 3,335.012
77.349
10,772
32,930 1.123,875
174,501 3,478,867
173,013 1.48f.729
50,120 1,281,876
702.555
20.944
357,071
43.689
144,7.^5
13.158
70,847
12.105
278.228
28,704
162,332 1,211.033
7,784,342
561,233
909,300
9,254,872
30,023
1,015.688
116,969
'
11,853.217
333.512
3,074.757
1,380.222
27,530
445,560
266.547
339,032
3.8'24.793
935.541
289.8'23
50.426
2.539.686
11.625.662
305,182
441.941
3.384.801
228.197
1.079,661
15.833.618
2.187,042
2,303,093
330.799
71.577
1,458.534
5,195,561
3,067.440
3,130,760
8.036,764
3,319,415
1,315,084
91,885
1,050,708
1.451.427
7.240.551
20.829,266
186,034
2,751.645
264.965
2,756.540
171,604
104,647
33,416,877
19,027,119
4,741,374
4,460.715
396,176
2.038,311
1,133,688
7,060,423
408,583
4,998,810
,
I
9,522,161
!3,S94,068
3,480,828
566,878
453,777
116,201
455,423
2,955,166
19,044,171
660,901
408,073!
R.«09,477
(
5,259,9-27
I
3,133,8071
:8,693,734
27,797
194,288
1
I
•:
I,
83'2,128f
273,725
158.'283
l.s7'2,699
1,062.646^
207,727,
251,067'
90,079
182,018
4,12.5,700
1,657,.102
674,179
610,978;
705,777'
1,367,775:
111,415
109.456,
10,424,7841
255,4 30|
.
I
.
,
I
-
1.447.772
3,311.7721
«
74,4131
1,038,454!
3,249.34a
1,236,191U
1,189,177^
638,82a
254.513'
146.00S
54,708
Loliitf^
4
<
'
451.312
102.198
473,846
30.771
427.702
111,199
520,876
29.32,1
3.174,235
716,916
3,780.624
154.846
3,053.-'i
851."
3,857,7 ^
^15^67;
,
KOVEMBKR
7,
I
Roam,
THE
18«1,J
Lalett EarnUigt Rtporltd,
\WeekorXo\
IV«.
N.iiii
.v
A"! •;
IM.tlSO
s<>i>t('inb'r.
"
•'
1890.
1«'?,819
l,2<S.3i2 1,271.018
ti'iiib"!-.
;i.(i54.000
l,8l)2.l'O0
ii'iiilp'i'.
I'
1991.
Jan.
CJHRONlCLJi
tmt
1 to Ijateit
2G7,0?0
ijojisil! jfllosiooo
An/r.iia
150.78(1
Un ..i.Vimiat
New Mox.
I'll,
Tofl
Imtli Oil's Se|ik!iiil)'i'.
St.
I
-lor
K.C. IthwkOct.
.%
I,.
Del
it
.\tiKU4t
M^f^Jm
.\ll|!U8t
Tiit.U.P.Sys. Aiiiciist
Cent.Hi'.ikl-.L, Aiienst
cdul'led
Tilt,
.\ii(;ii.st
Un.
Maii..\l..>£ Itiir.
.
V
H
:
:
.
>.
509. 3H3
3,328.690
ValU" 8?[i(emb'r.
18,589
total
Aiigiitst
4thwkOct.
I
:
>
602,031
450.220
550,003
27,'206
I
nil
,
43,l,«22
47,877
2.998
3.537
AUKU!<t
August
AuKist
Joint. owa'd."* AUKUSt
I.eav.Top. its.
(i.
4Jl»,0UO
Clv'^t.&W. .\uTOst
Tu
O.Olii
Bi'p.emb'r.
21,0.18
Hciitt-mb'r.
W. V.(>!i.\- l»itts. He ntciub'r.
154.890
93.448
WfstVlr.A-Pltts AuKiiat.
Westi Til of Ala. September
Wfsl N.Y. &Pa. 3il wk Oct.
Waei' iii'fi L. E. 4tU»kOet.
23,.'-8.'^
sii.
-t
Soutli
.
Jertov
&
August
Wl.'ii'o:!: Ill Cent.
ItbwkOet.
Wrik-iit-v.A-Tfia. July
Ohio... l.^txyk Sept
Zaiii^-.
Wll. Col.
A'-s.
.^-
675,910
79.191
810,912
41.390
702,018
709.007
40,510
800.410
l,2'i2,320
1,235,124
709,558
1,550,740
260,695
757,198
1,310,388
251,600
50.622
V5.80(;
40.95>52.32.-]
151.J5D
6,175
3,607
Fitfures coriir
Ear.iiii^'.^
t
aThc
ii-Tiires
Latest Gross Earnings by Weeks.— The latest weekly
earnings in the foregoing table are separately summed up as
follows:
roads which at this date have made returns for
'li" fourth week of October furnish any guide to the general
-lilt, the showing is very satisfactory, there being a gain of
ii; 67 per cent in the aggregate of the 47 roads included below.
As
far as the
4lh week of October.
Atch. Top.
&
8.
F. (2 rds)
S.Fran. (2 rds).
Ball. & Ohio aouthwest'ij
Baffalo Roeh. & Piitsb...
B». !..<&
Caniiiliaii Pacific
CheiapoaKc
OhloiKo
it
Ohio
*
Kast. Illinois..
Mil.
8t. Paul..
Cln. Jackson v .Mackinaw
C()lora(Io Midlanrl
&
Otilcairii
Denver .t Ulo Orande...
Evausv. & Indlanaoolis.
KvBiisv. A Tcrre Haute..
Ft. Worth & liio Grande.
Grand Trunk of Canada.
^iowa Central
Xake
Erie ct
l.onK Island
lioulsv.
Western
Kvansv.
&
St. L.
Na.shville...
Louisville ife
Louis. N. Albauv
Louisville N. O.
Louisville St. I.. &
& Chic.
& Texas.
Texas.
Mi^xiPan Central
Wexieaii National
•Jllwaukee L. 8h. & W eat.
.Mllwaultee <s: Northern..
Mo. Kan.
& Tei
IronMt...
Wew York Out. .k West.
orfolk & Western
Sorthem
;01ilo .t
1891.
Paeiflc
Mississippi
'pUioRiver
Onlo Southern
Sc Western
^t Louis Houlhwestern...
iflltabun;
Texas &i'acinc
-roleUo & Ohio Central..
Increase.,
Decrease.
»
S
9
$
1,099,662
320.874
81,030
97,980
656,000
292,650
90.139
287,057
73,233
73,333
1,202,524
20,105
60.192
275,500
10,428
33,329
20,000
432,398
52,818
102,617
75,749
49,94 4
645,790
89,302
171,4'20
10,'224
279,174
150,604
114,307
62,.578
1,050.000
100,049
186,219
1,010.511
91,769
17.'225
reoria Decatur AEvansv.
1890.
1,103,760
367.390
»Io. I'liciflc A-
18,448
20,773
69.912
183,359
310.031
51.838
60,610
602,0110
234,210
88,020
953, «43
20.997
55,923
282,000
291,t»54
10,776,405
9,737,040
Erie...
Net liicreaBe(10-07p.c.)
and numbtr of romli
52.380
6.195
52.133
2,535
83.001
55,138
.....••
12,312
19,487
2 1,002
119.0(W
21.205
4,601
4,278
9,827
1,651
1,998
*
........
2,148
1,791
8,838
15,077
1,968
8,079
40,(00
2,716
week of
neck ot
lUi weak of
iHt week uf
'2(1 week ot
34 week ot
4th week of
l«t week of
2(1 Week of
2(1
3(1
i
»
June (Bt mailK). 0,391.208 6.293,12.1
June (<l niaital. 6,320,008 0,173,502
June (8 1 roailm 7,930,010 7,205,581
July
July
July
July
Auk.
(80roiiiN).
|83 ronrU)
(83r()aJn).
0,379,000
(M7roail-').
lt.997,313
im5 roiilH).
7.12'l.'.'24
0.780,071
Auir. (86 roailM)
'
i
•
lot
(80roii(ls|.
(80 roaiU)
(^1 roadn)
«
P.€t,
!•»»
2-37
£05.3-^O
0-l.%
517.717
9 -39
8-9H
8'US
19,507
5 U),03 1
7.M.I18
5:i.-.,r,32
'
8l«
H-m
239.518
3'40
7.201.400
347,(181
9,0M,2ll
508
4
3 2..52!
4-69
7-71
8-49
7-5X
7-43
0,921.410
0.221,722
7.718.822 7,101,190
8.0"1,223 7,440.315
8,091.808 7.519.152
('OrondH). 10.7.il.048 in,008.'.'51
8,072.909 8,160,1)21
9,201,583 8,073,470
(8Jr<mdH). 0,275.021 8.403,509
(47 roaUd) 10,776, 105 0,737,010
552.032
630.878
572.350
71 (.397
(81 roads*.
(88roii(U).
.
50:),345
.591,1 1«
871,512
1.039,305
2»
O 83
10.36
10-67
Net Earnings SInntlily to Latest Dates.— The table foTlowinj; shows the net earninf^ reported this week,
A full
detailed statement, including all roads from which monthly
returns can be obtained, is given once a month In theoe
columns, and the latest statement of this kind will be found
in the Chronicle of October 17.
The next will appear in th«
issue of
November
21,
Ci-oti
Earmngt
1891,
$
Soadi.
257,2.50
lioch, & Pitts. .Sept
Jan. 1 to 8ppt. 30... 2.0o2.022
liuir.
710,291
803,113
July 1 to Sept. 30...
Chesapeake i OUto.Sept.
Jan.
1 to
Sept. 30:.. 6,1-24.526
July 1 to Sept. 30... 2,409,081
0!ev.Cln,Ch.iStL.8ept. 1,227,402
Jan. 1 to Sept. 30... 9.915,213
July 1 to Sept. 30 .. 3,654,251
Colorado Fuel Co... Sept
July 1 to Sept. 30
245.156
Flint (fc Pere Mar<i.. Sept.
Jan. 1 to Sept. 30... 2,170,913
Loul.sv. ANashvllle.Sept. 1.823.10R
Jan, 1 to Sept. 30... 11,072. 305
July 1 to Sept. 30... 5,1.8."',95l
292,483
Louts. N. A. & Chic. .Sept
Jan. 1 to Sept. 30... 2,122,910
Sept.
623,170
Mexican Central
Jan. 1 to Sept. 30... 5,253,002
Sept.
171,893
Mil. & Northern....
Jan. 1 to Sept. 30... 1 .253.94
470,010
July 1 to Sept. 30...
232,705
N. Y. Ont.A Wesfn.Sept.
Jan. 1 to Sept. 30... 2,200.700
877,709
July 1 to Sept. 30...
Sept.
Northern P.iclflo
Jan. 1 to Sept. 30... 17!437,'592
July 1 to Sept. 30... 6,733,061
492,3^9
Wisconsin Cent... Sept.
Jan. 1 to Sept, 30... 3.794.942
1.408,'291
& MlsstsRlppl.Sept. 408,008
Jan. 1 to Sept. 30... 3.11-2.110
July 1 to Sept. 80... 1,182,031
503,796
Philadelphia AErle. Sept.
Jan. 1 to Sept. 30... 3,803,058
Am. A Mont.
52,820
.Sept.
357,071
to Sept. .30...
125,181
to Sept. 30...
136. 158
O. Cent. . .Sept.
Toledo
Jan. 1 to Sept. 30... 1,070,410
111.911
July 1 to Sept 30..
Sbt.
Jan.
1
Sept. 1,350,112
Jan. I to Sept. 3O...10.0iix,151
July 1 to Sept. '30... 4,021,463
Whltebr'st Fuel Co.. Sept
Jan. 1 toSept.SO
July 1 to Sept, 30
Wabash
Kel Eamtn at.1891.
1
1890.
.
1890
»
•
•
207,821
211,.307
63.527
521,762
171.08S
190.255
1,0.10,311
l.-.'22,98»
070,237
412.187
3,214,093
1,142,357
26.640
67,131
232,1.31
92.033
011,337
2.203,192
083,781
1 ,665,729
11,04 1,6!>S 5.100.751
1,817.850 2,032,238
0<,031
202,030
510,430
1,930,190
20«,571
490,131
4,626,235 1,802,387
15.1,850
70.053
4f.6.»72
1,171,625
193,107
137,374
7 ',091
215,105
552,723
1,800.383
267,431
765,646
2,.508,222 1,178.589
16.599.341 6,748,839
6,041,201 2,812,933
190,305
508,170
3,834.816 1,347,793
575,179
1.194,251
3,016,303 1,3-4.894
20.134. Ih7 8.O9l).033
8,138,456 3,388,118
143,813
392,386
924. •i79
3,081.360
38«!.396
1,123,900
107.830
483,019
3,809,177 1.400,090
22,483
44,383
136.403
255,237
49,203
114,221
50.871
141,190
372.071
1,081,807
155,577
422,861
363.811
1,193,632
2,572,896
9,581,397
3,501,217 1,124.606
10,236
60.483
16.0S9
608,117
3-9,709
3.259,43»
1,001,130
22,563
57,037
8B,9«7
635,683
013.640
86,653
078,515
254,993
1,581,3.19
005,033
714,230
5.003.907
2,085,901
1,180,783
0.02 1 ,038
3,317,125
5,19 1,137
1
,82-2,615
99,773
570, 1,M)
201,936
1,&7.5,66»
67,cea
S91,541
158,678
65,298
401,468
211,392
1.076,045
6,424.467
2,777,920
217,9
l,410,f
591,'
I,2()3,»51
7,835,085
3,302,41»
13o3S7
897,878
396,618
189,317
1,233,619
20,«3T
116,393
5 1. 899
48,173
416,001
145,049
351,048
2.418,035
1,0S6.80»
is.e3e
117,I»<»
34.867
la
iBterest Charges and Snrplns.— The following roads,
alBO
addition to their gross and net eaminES given above,
or deHcrt
report charges for interest, &c., with the surplus
above or below those charges,
,._.
^Inter't, rentnls. iff.-. -Bat. of Iftt Fnmj.-«
li*»p.
isni.
1890.
1891
•
9 .
•
•
JhMUf'.
16»,3iK
-2-20,112
191,093
217,791
C lev.Cln.C:h. iSt. L.Scpt.
415.814
50-2,108
6-15,616
640.251
July I to Sept. 30...
40.596
41.057
10,391
48,039
Flint * Pore Marq. .Sept
22S.6SO
183,516
107.032
4-27,871
Jan. 1 to Sept. 30...
/m/v 1 to SepL SO.—
.<lrplrmbrr.I8KI.
1S90.
1891.
"Sft...
No. Pae. * Wis. Central—
8,201,»fl«
3,010,393
P-IH'SS
8.211,278
QroM eamhiK«
1,<>30,3-1 1,722.112 1,813.-38 4.776.087
Openktlng axpenaea
—
.
—
54,091
—^
ltl,.'.00
."
0.58l,.592
7."ill.01t
7..'81.1',9
3a W(>ckof Auk. (87 road-o.
<lth we(!k of Auk. (77 roadrt).
tnfrratt.
07,7(1
I
5,832,189
0,122.972
0,210,010
9,242.895
0,672,53l»
1,293,051
1,3:4,894
184,093
llUoellaneoua locomo..
1,508,987
Net Inromti
1.069,873
Fixed ehargea.
1, 3.10.4 SO
489.U2
347.305
Neteamtngs
34,490
1,094,316
1,039,365
weoldy ro-
—
1800,
$
litrtuded.
I
&
1,088
n[ tho
e.kiixi.son.
1891,
July 1
"7a99
71,703
174,501
Total (47 roads)
A Lake
439,00(1
592
6.500
2,021
7.801
12,127
7.202
17,991
VlBconsln Central
Kun.City.
>rtKKLT uiiowi
Pfrlori
Ohio
4,269
31,308
12,199
420,271
45,610
84,620
7S,837
42.745
593,410
82,807
119.287
13.089
190,170
95,466
120,649
43,091
342,788
931,000
78,784
181, .555
1,030,230
84,912
15.571
16, 150
22,921
a comjiarifwn
a soriw of weeks pant.
Tot. both Co.'8..8cpt. 3,211,278
Jan. 1 to Sept. 30. ..21,232.535
July 1 to Sept. 30... 8,201,950
2H,681
973
40,958
151,550
J'heellnit
a
followinj? will fiirnUli
July 1 to.8cpt. 30...
61.098
39.817
7.803
21.053
51.000
58.101
2,119
9,1.15
49,870
52,537
399,000
38,242
182,016
Toledo St. L.
Aaba.sb
The
Bulli for
week of Sept.
2(1 week ot 8op^
3(1 week of 8ei>t
4.08 1,100! 4,8,S5,1.59 4th week otHcpt
3.408.715 2.787.139 1st week of Oft.
3,556.858 3,675,071 2(1 week of Oct.
522.308
922.887 3.1 week of Oct.
13,614,823!1.5.341.870 4 th week of Oct.
80,020
480.095
601,194
2.710
19„50!»
19,721
26.307
3.488
23,108
46.124
206.255
322,012
3,984.369 20,810,348 28,049,039
20.088
110,155
146,361
3H9,000 11,401,260 10,862.472
38,908
6.45(
43,179!
22,008
212,250j
207,250
129,349 1,110,892 1.109,608
91,626
821,005
697.970
10,5!<9
112,403
07.308
57,76t
386.287
399,101
70,1011 2,921,341 2,912,873
38,24-;
1,07(5,241
973,149
58,H08
011,143
608,175
182,010 4,218.017 4,371.907
0.210
52.511
47.413
101,2'21
3,419
93,580
rr
9J,303,Ol71o'a(>
I
I
only that part ot railcane located In South Carolina
Bivcu arc on whole Jacksonville Boutheastern Systeiu.
from Jan. 1 to date include coiToctions tor tho llrst tureo
6 Kau.sas City & Paoitlc included in both years.
m<iiitli.-ol' each year.
f Western and
Atlantic included in Sept., 1891. but not in 1890.
I Mexican
rf Includes earningi" from ferries, etc., not tclven scpar.uel.y.
cnireicv.
e Includes Kome Water. & 0({<i. In both years tor October
aiid tae ten mouths.
*
'
_
700,108
r
/>i<rvn»
if3<4.H.II,7'in
ob.^crycd lliat on tlio «1 roal* cmlirncod la tho
"'*""" ""*•* "''•'^ '* * « "" »' « '.a-o."" i^^'H-aV]:^?^;:
1,471.112
150,080
5,830,512
5,700,79
35,315
Ihku.
(ii,H30.7»n
I
1,200,000
80,517|
66,217
2,00 1,'.-28 2.1 "9,477
3.700,212 3.8 3,011 20,1 16.870 -27,0 13.021
4'i3,22
64.330
714.001
101,21Si
3.801.4110 3,938.245 0,580.0.13 23,327,627
,
Miiiit Ilia
l.l.'^G
05.199
0,227
49,870
23.821
52.539
51,971
027,973
Uu.Pa(\0..tO. AitKUXt
Bt.Jo.&()MIsl \UlCllAt
Iliioa..
973
80,983
0,829
51,838
24,03
60.0 1
53,029
1,501,278
4, 1.52,439
(0.^ roitdt)
nt for thft
low.
Ir will lie
I
.lou PuolUo—
Or.8.r..&U.V AuKiI^t
Or.Ur.&N.Oo. .\ iRiist
Ailotb.
2i>4,954
i:>,l.3l!
109,2 14
Senn. Mi.lliinl.. Hi'ptciib'r.
(»zafl * PiuMtk' KtnvltOot.
»«.8.V.ii&S.\V.i:M wk Oct.
Sol. A A..tN. M.Irtoptomb'r.
ftol. C.i!. ft Ola .;;iil -.vkOot.
Ii 1 Atiblo Civit. ItliwkOot.
T'l P. i West.. (1 wkOct
T
310,0.'U
ll.Olil
105.28!)
vft
'
I
70.004
179,248
17,515
88.587
niv.!AU!{>l«t
Cot. |Aiii;(iat
BtBt.'ti I-il. R. T.'.Sc|.ioinl>'r.
flli>n,ir:^l..vCMt..'AUKU»t
Bamii;it liraiirli.'Sc!i>reuiirr.
Lykcna VallcM .Si^ptomb'r.
Bpar.
238,130 1.481.216
540,820 4,271,024
144,708 1,283,993
73,173
081.827
11,358
87.230
103.385
831,317
15,127|
41,003
105.175
9 10.709
70.080
689.715
175.800 1,030,512
I S.094
140.056
6il8,:Ui7
(itOHK cikruiiiKH
1,179.8741 l,:i!>l,94l
n,O83,310| 9,3l0.il97
Br.r,.. !,.;.Co.i^I )lv.(Qil; Ail.TUSt
eu. Div. (C.ii.)!.\ii;>iiit
We hr»vi» nlio preonrfil a prr'li
montli of OctoixT, nnd tho tahl.'H .11
Mon'h of Orlohrr.
1H91,
1800.
ItJOl.
H71
Burplo.
3«,.V29
3,388,118
3MgMm
i>a.o«»
3.7J7.98a 3.460i44»
\tJ»1*Mt
3,153.176
351>,809
504.410
47e.l«*
THE CHRONICLE.
672
I
v<H. UII.
City, thence by way of Olean to Rochester and to Buffalo, and
also from Oil City via Mayville to Buffalo, making connections with all o? the great lines to the East in the States of
ANNUAL REPORTS.
New York and Pennsylvania.
Rio Grande Western Railway.
Nothing is said in the report about the payment of any cash
fFpr the year ending June 80, 1891
interest on the second mortgage income bonds, though the net
W.
J. Palmer will be 'o^^d
President
of
report
annual
The
charges last year was about >450,000.
Cheonicle giving many details income above
.on a !u£equpnt page ot the
Oi)erations, earnings, charges, &c., have been sompiled for
be condensed in this
o?theW.workinK which could not shows
at a glance th. the Chronicle as follows
column^ The foUowiuK general exhibit
year:
OPKKATIONS AND FISCAL EBSCLTS,
:
fiscal
essence of the financial results for the
operation
from
6»rnlngt
Qrosi
.lo
077 11
^Hto
i,*au,»/<
Op«r»tlug expeutes
oth»r •ouroos
o'orq 00
nn
2.262
^898,318 15
been
Against which the following charges have
dS4.471
,7 Ann An
Insurance
Rental leased line
Other charges
^^^ g^g ^g
f 50,769 56
Ket credit to Income lor the year
dollars was
•
One hundred and eighteen thousand four hundred
This amouut was
deela°ed pavable In preferred capital stock.
amount of
equal
an
and
year,
for
the
Charged a'galnst the Income
•xpenditures for betterments adjusted through coat of road.
The comparative tables for the two past fiscal years ending
with June 30 have been compiled for the Chronicle in the
usual complete form as follows
1,582,867
31.406,571
2-394 cts.
4,362,492
445,981.766
0-576
29,294,865
2-449 ota.
4,602,454
485,958,164
0-600
~^
??^f^f";::::::::::::::::;:::::::::::::
Mali, express, &o
^M^^22
oKnqfiliTR
_25^36876
•DWde.d.
639
.
1 ,392.022
Earnings—
Aax.es
1890-91.
639
—
•
Net earnings from op«ration
Add r«oelpl« from
1889-90.
Miles of road operated
Operations
Passpngera carried
Passengers carried one mile
Kate per p-issenger per mile
Freight (tonai carried
Freight (tons) carried one mile
Rate per ton per mile
Total earnings
Expenses
—
Maintenance of way, Ac
Maintenance of equipment
Couductiug transportation
General
-,
$
752.979
et,
2]7&
123,520
2,877,695
131,995
8,641,056
3,562,669
698,654
563.850
626,994
507,083
1,'225,102
1,158.072
193,63»
154,985
2,485,783
1,076,887
69-7
2,642,591
Xotal
Netearnings
Percent of oper. expenses to earn'gs...
mCOMB ACCOUNT FOB
998,465
72-6
1890-91.
:
KOAD AND qUlPMIST.
Netearnings
Other income
1889-90.
Ifilei owned
Iflles leased
368
Total
386
i"
Total
Disburtemcnts—
40
S82
89
Passenger, mail and express oars
Freight cars
Other ears
1889-90.
Freight (tousi
Freight (tons)
il?'?n?
>191
mileage
eta.
2-20 oti.
569,209
81,812,208
1-954 cts.
2-727
Average rate per ton per mile
Marning$—
cts.
*, „ „
Passenger
Freight
Ao
Total gross earnings
Operatinu expentei—
1890-91
229,003
29,050.798
8H2,502
51,488.010
2'OS
moved
Mall, express,
'
•„
•
471,010
638,776
1,067.202
84,021
1,S96,015
111,340
1,622,233
2,346,110
226,174
Maintenance of
Maintenance of equipment
Transportation expenses
Contingent
6u0,«71
Oeneral, taxes and Insurance
107,298
314,164
214.966
790.087
24.415
147,078
1,132,514
489,719
69-81
1,491,610
854,520
63-58
1889-90,
189091.
way, Ac
175,1 1
23,<i59
Total
»»t earnings
Per cent ot oper. expenses to earnings
IMOOMITACOOCHT.
BeeeipU—
$
489.719
30,968
Heteamlngs
Other receipU
Total Income.
.
Interest on debt.
Dividends
.
VTestern
CFor
June
&
:
EABNINQS AMD BXPENSES.
856,782
8,762
193,500
14.400
535, .500
2,381
744
404,643
116,044
806,013
50,769
1889-90.
mUes operated
—
Freight
Mail, express,
.
1^9
$
237,865
Gross earnings
Operating expense* and taxes
Ketearnings
161
?26745
i^./*o
?I5'55}
497,094
1.102,639
607,94*
473.457
494.68B
H.VVi.L
oi.fioa
1890-91 .
494,685
44,05«
«n',
Ac
1890-91.
252,326
706,839
143,566
o^i
INCOMB ACCOUNT.
Railroad.
30, 1891.^
;
&
below
520,687
The report of the President, Mr. Calvin H. Allen, states
that the gross earnings of the road during the last year were a
little less than during the preceding year
at the same time
the net earnings were somewhat greater.
During the
earlier and the greater part of the
year
the
traffic
was fully up to the utmost capacity of the rolling
stock of the company, expedited as much as posisible,
and all that could b« obtained from connecting roads
interested in joint traffic. With more card, the earnings
would have been greater during that time. In the latter part
of the yeai, owing to the general stagnation in business, traffic
tell off somewhat
but mostly in the lowest grade or least
profitable freights—coal and lumber.
Purchase of additional
rolling stock, which has been made on long time and favorAble terms, will hereafter materially improve the earning capacity of the road. In the operating expenses for the year are
charged about |50,000, which, if the rules established by the
Railroad Commissioners had been strictly followed, would
have been charged in betterment account. The road and
rolling stock have been much improved during the year, the
cost being partly charged to operating expenses and partly to
betterment account. It is proposed to build in the interest of
the Western New York
Pennsylvania RR. Co. a railroad
from Oil City to near Turners Station on the Stoneboro and
Newcastle division of the W. N. Y. & P. RR., about 43 miles.
This piece of road will form a continuous line for the Western
New York
Pennsylvania RR. Co. from Newcastle to Oil
;
the road, and new ones constantly opening. President Mackay
says their lines practically reach all the coal in Indiana, and
that it is of a grade equal ti the Hocking Valley. The increasing demand for coal in Chicago and in the Northern Indiana towns, where the natural gas has given out, is giving
an im-,)etus to the coal traffic. The officers of the companyare looking forward to a large business for the World's Fair,
in common with aU the railroads entering Chicago.
Earnings and expenses and the income account were at
Earningt
Passenger
New York & Fenusylvania
the year ending
The annual report is entirely statistical. It appears, however, that this road has about the largest amount of equii^
ment for its mileage of any road in the West. It has now 48
locomotives, 33 p:i*senger and 3,989 freight cars; of the latter
468 were added this year, being required for the company's increasing coal business. There are 43 coal mines on the line of
Total
Miscellaneous
mrplus
Eransville ft Terre Hante Railroad.
ffcrr the year ending June 30, 1891.
if
255,369
Total
$632,773
$448,188
Total
Surplus
854,520
2,262
DiiburtcmenU—
Rentals paid
„A'o52
uo'o«i
86,80i
Taxes
OPBBATIOKI AND FISCAL RBSDLTB.
OperationsPassengers carried
Passenger mileage
Bate per passenger per mile
a.-„o :«/»
* „, Vca
Interest on first mortgage bonds
Interest on real estate mortgages
Interest on equipment notes
67
Locomotives
*^'°'^J'?§?
*'0'*
$1,080,961
Net earnings
Otherincome
5251312
Total
Disbursement*—
Interest on debt
Dividends
??Hnn
150,000
TotjJ disbursements
surplus
354,300
171,012
538,741
2-21,175
165,000
386,176
152,561
Cleveland Akron & Columbus Railway.
CFor the year ending June 80, 1891.^
The annual report says " Your directors decided to exerto P«T
cise the right which was reserved in the first mortgage
the principal of the first mortgage bonds on 3a.nn^ry hJMn.
|2B0,Uuy
Provision was made for this payment by disposing ot
your
general mortgage 5 per cent bonds. In accordance with
to
authority, your directors caused to be executed a mortgage
dated
the State Trust Company, of New York, trustee,
:
August 1, 1890, for $890,000, payable in gold, 40 years after
per
date and bearing interest semi-annually at the rate of 6
to
cent per annum, .secured by a first lien upon new equipment
proceediol
be purchased and paid for by the trustee out of the
furtner
the bonds to be issued under this mortgage, and
were
secured by a lien on all your other property. There
bonds
$600,000 equipment trust and second mortgage gold
expendea
issued under this mortgage and the proceeds were
'
by the trustee
in the
1,075 freight cars."
purchase of
3 freight locomotives
ana
NOVRMBKR
THE CHRONICLE,
18B1.J
7,
The President, Mr. N. Monsarrat, states that irrt>H|)octive
of cmpital expenditures utwn the property, extensive iinprovomentfl ii» the truck, brid^i's and trestles, stnictiirt's, nOliiiK
itock and iniichine shops have boon effected ^ince the nrt;anitatiiMi (if the company, and the coat of these iinprovenienis
has lit'ea defrayed out of revenue. Tlie main tracks especially
flhow a marked improvement.
The earninKs and expenses and income Account (including
Dresden branch) are (fiven below for two years.
BABIIINal AND BZPB:<SI(.
1899-00.
>85
HUeR nperntcd
Ktirningt from—
tsecvoi-
108
,
•
•
PBUMiiKcrs
FrelKlit
Hall, ciproM. etc
Totftl curiilnKS
Optratlug expenses and taxas
Net earnlngt
265,71
273,912
477,9M9
"'.'87
5.V'\,717
72,!)or>
707.S88
floZ.Oaa
OOi.^iSi
6H'2,386
198,700
220,148
nOOlIB AOCODRT.
1890-31.
1889-90.
«
22(>,U8
^^
195,796
Kel esrnlngs
I>i»6 H rtemenU—
Bentiil*
37,0f'3
38,220
InterestoVi bondB
Kent of equipment
87.^01
16.467
110,63.%
141,114
64,882
161,487
58.66
Total
Balance
12,6i*2
GENERAL INVESTMENT NEWS.
American Cotton Oil Company.— The annual report, on
another page, will be found of much interest. It is a full
report as to the property and the fitiancial operations and condition of tlie company and shows the heavy task that was
assumed in undertaking the financial resuscitation of the
Cotton Oil Trust, and how well it has been accomplished,
mainly through the extraordinary efforts of Mr. Edward D.
Adams, of Winslow, Lanier & Co., the Chairman of the
Finance Committee.
At a meeting of the stockholders of the American Cotton
Oil Company held on the 5th day of November the following
resolutions were adopted:
Whertcu, The board of directors of the American Cotton Oil Company adopted, on the 4tJi Instant, the following resolutions, to wit:
[Resolutions of the lioard quoted Just below.]
A.nd whereas. We have heard and considered the annual report of
the Chairman of the board, and the further statements and reports
presented therewith
Besolveri, That we, the stookholders of the said company, in annual
meetindfassembled, hereby record our unanimous and hearty concur,
rence in the sentiments so expressed by the directors, and our grateful
appreciation of the skill and ability which have been so succeasfuily
devoted by Mr. Adams to our service during the past tifteen months;
Retohvd farther. That a copy of these resolutions, duly engrossed
and certified, be transmitted to Mr, Adams by the Secretary of this
company, and that a copy of the annual report, aoooraianied by these
resolutions, be seut to every stockholder of the
company.
At a meeting of the board of directors of
held
November
were adopted
4, 1891,
this
company,
the following address and resolutions
:
The annual report of the Chairman of this board. Mr. Edward DAdams, and the remarkable record it presents, calls for some acknowl.
lioncnt by this company of its obligations to its Chairman, and for
•cognition of the rare abilities that have made such results possible,
rmhis company's history, the year 1890 was one of gloom. Aithouuh
ronght safely through legal complications and practically transformed from a trust Into a corporation, it had yet to face the equally
crave and imperative necessity of financial reconstruction and internal reorganization. Its position was perilous— distrust prevailed— it
was without leadership -its enemies were counting the days of its life
The fiscal year 1891 closes amid general gratulations. Reorganized,
rekuilt and strengthened, without a dollar of floating debt, and with
ample working capital, it has become a splendid and stable business
rganization, enlarged in scope and in high financial and oommercia
ink. Such a complete and significant reversal of conditions is with.
to
It a parallel in our experience, and we deem it but common .lusllce
Over a year ago the discouraged stockand doubt, united in calling
upon Mr. Adams to undertake the work of Internal reorganization,
ndto lend to the company his name and influence. To this rcquet
as added that of the Beorganization Committee
Estpcmiug such a call an honor, but taking up the burden with no
lakp this
acknowledgment.
uoldcrs, after eight
months
of hesitancy
uception th.'it it would become so exacting, Mr. Adams has been
liawa into absorbing and incessant devotion to the company, by
ight as well as by day, without rest or change for over a year, and at
When, however!ie sacrifloc. too, of health and personal concerns.
•we conunltted to the work, and thus become responsible to the
nancial and commercial intore.sts involved, he declared his deK^rml-
company through, and was too loyal
consiilcrations to draw him from the task, or to
Lition to bring the
;
orsonal
to permit
lessen his
N'votion.
The record of his administration shows abolishment of unnecessary
reduction of salaiies. and rigid economies, tt shows
more systematic business methods, more energetic and Intelligent
nicasures for the marketing of the products and their world-wide in
T-oduction. That an intelligent plan of consolidating properties and
implifjlng management has been pursued; that the ranks have been
"fflces, fearless
«73
morn dimetnnm
oIommI up, and
M
operation Biiund. TiMt
adVM**
ba« bam abanliitalr and In urerr
single iiisUDOe itefoatrd
That llin KuropMn MUl Nnutb and Central
Amorloan markets have been more flrnly MlablUlHMl, wblle Um do
mesilo Interust* bare liecn atrengtheDCd and eaanrliML That UM
oomiiany has been plaoed In a finn poaltlon In Iha baaMaff aad
buslnoM world, and It* aooonnts and palrnna«e are now M.
teeromt and sought for. Tbnt every element of dlneonl and diatmat
has iMien removed, and all part* of the nrganlzatlon have been brn i^M
Into hiirmonlou* and cordial followshlp; tbal an ttprU ilemrpihma
been developed that binds the thousands of workmen and hundred* of
legislation
and
In
all hostile litigation
more olTuctlvo co-operation.
Ample working capital, several million
ofnclals Into
dollars In ainoiinl, ha* bam
provided; the floating debt extlngiilshoil ; ihe flnanrra plaeed oa a
sound l>aal« twenty million dollars of products inaiiufa'^tunid. aold
and actually paid for, nnt) sulHnlent earnings made t pay six timae
over the interest on the debenture bonds, and after payment of Intorest to distribute (if It were deemed wtaei six per cent upon the prafcrred and tbreo and a-hulf upon the oommon stook.
We reoognlxe that It Is only through the exercise of the rare talents
and sagacit} potaessed by ,Mr Adams that such end* could be attained,
and only by his tireless and Inspiring Iniliistry that such eminent results could be achieved. Although daily serving for fifteen months In
the most oommandlug |>ositions which the c<>riH>ratlnn could confer
upon btm, that of Chairman of this hoard. Chairman of the KInaoo;
Committee,and ('resident of several of the more Imimrtant cnnttitaent
companies, he has sleadllv declined all salaries and remuneration
therefor. While honoring the work, we wish to remember the worker
Therefore hr it retoleeii. This Board records Us adniira lou for and
grntitude to .Mr .\daiiiS, and requ st-s him to accipt these views a< the
spontimeous and sincere coiiviclion of his associate", who realize that
the .scrvi< OS thus rendered cannot bo measured In ordinary r(M*om|»ensa.
WbiU^ recording these Kentiinontit, we also declare, wltii much satlafactlon. that closer study and more direct luauageiiient has demonstrated to us that the bllsine^s itself Is one of undoubted merit, only
needing the continuance of such management to make Ita future as;
'
sure
I.
Kenolvetl further. That » copy of these minutes, engrossed and duly
ccrtined. bctransmltiedto Mr. Adams by thi^ .sccrctaty of the company
Itufl'ulu Rochester a I'lttsbiirg.— The report for the quarter ending Sept. 30 is as follows :
1800.
1S91.
*
9
Urosseamlnvs
59!i,»00
Operating expenses
430,645
Net earningOther Income
l6!»,2-)5
740,387
491,301
249,006
5,937
5,732
174.987
170,677
Total Income
and taxes
Interest, rentals
Surplus
Denrer & Rio Grande.
—Tne
elected organized thi^ week
as Chairman of the board;
254,093
17»,9Ci.
75.028
4.310
board of directors recently
by choosing Mr. George Coppel
1
Edward
T. Jetfrey as Presilont
Gilluly as Treasurer and W.
and General Manager; J. W.
Wagner as Secretary and Assistant Treasurer.
Mr. Jeffrey
formerly of the Illinois Central, and was agreed upon
some time ago as the successor of Mr. D. H. Moffat.
LonlsTiUe New Albany & Chicago.— It is understood that
at ihepostponed meeting of the stockholders to be held Nov.
9 in New York President Thomas will recommend that additional stock to the amount of |2,000,000 be issued to stockholders or to a syndicate at 25.
wa-s
The improvements for which this additional capital is
needed, according to a circular issued by the management,
are: " Increa.sed terminal facilities in Chicago, so that trains
may be loaded and freight moved with dispatch additional
freight cars and passenger equipment, for which cougtant and
lucrative employment exists to replace in steel the wooden
bridges, which in the near future will be unsuitable for usa,
and to replace with steel rails the portion of the line which ii"
still laid with iron and to improve the general superstructure
of the road."
;
;
.nilwankee Lake Shore Ik Western.—The following is a
statement of earnings for the quarter and nine months ending
September
30.
—Or. ending
Sept. 30-^
Siiu mtht. to Sept
1890.
30-.
1891.
1890.
Gross earnings... $1.161, 681
Oper. ezpen««8... 739,155
1891.
$1,118,583
634, 167
$2,923,114
1.861,377
$8,662,804
422,526
484,416
1,071,787
975.800
Kct earalngs..
New Bonds and
ing
is
a
list
new
of
1,687 004
Stocks Anthorized or Offered.— The followissues of securities offered or to bo offered
AROESTmE. WTAirooTTE
:
'™Pfo^«™7»»<'
.November 16, by J. O.
Co., KAK.-$40.<K)0 internal
Bids will ba received till
.
.
, _., ^_,
.,
and '^•<« __^
HCH..N.!iii.H.-*r.2.0OOreMndlng
Port
fSS,
»"*f. J| f"
till I>ee.
bonds, due in 1.1. .iO and J.-) year*. Bids will be reoehed
1 by P. M. Wright, Controller.
w_«j.
.^
ar^
bond*
MARiiM.RoriiH, Mas*.-$30,(I00 -l per cent 30 year-water
per cent bonds.
Uasklll. Mayor.
8T ALBANS. Vt.'— 885.000 water bonds are authortxed.
TrscoLA, III.—$12,0OO Imnds are authorized.
Central & Hudson River.— The report for the
ending Sept. 30 is as follows. Rome Watertown A
New York
(itiarter
Oedensburg
is
included in 1891 but not in 1890.
1891.
(irovs earnings
oiM-rating expenses.. (68-8 1
•".•'iSi'^^S
p. c.)
NetearolBSB
VT«tcSu^
Proflt
Dividends
(1 p. c.
Balance
qnar)
<»ef.
$Hj!Hi7,987
6,237.523
t«4-4l p. CO 7.<ta7.003
$2,826,712
2.082.000
$4,S3A.9M
$744,712
894,283
$ir7M.0S0
$149,071
SII^$$69.Tn
994.383
THE CHRONJCXE.
t)74
[Vol. Mil.
%6paxt3
Hailroads in Massnchnsetts.— Tbe following roads have
reported for the quarter ending September 30
aiitl
-I
Cocwinjeuts.
:
— Boston
<Jro8s eariiuies
Opei«t:ng exjonses.
. .
-Old Colony.1891.
1890.
1890.
Albany.1891.
s
$
2,369,-180
.1,423.633
2,510.964
1.806,632
2,4C4,<16
l,5&b,66l
2,454,739
1,505,466
945,847
704,332
880,745
14.518
9 19,273
945,847
212,313
704,332
220,4t0
733.D34
483,842
Net 'nniinse
Other income
Total
taxee aud rcmulR..
Int.,
Balance
<t
895,263
426,102
469,161
RiO
GRANDE WESTERN RAILWAY.
ANNUAL REPORT TO THE STOCKHOLDERS FOR THE YEAR*
ENDING JUNE
30. 1891
j
i
New York,
Novembers, 1891. »
Rio Orande Western Eailwayi
14,518
To the Stockholders of the
Company.
I
This Cgmpany has no cause to feel disappointed at the busi- "
526,856 ness results of the past year, which have fully
vindicated the
96.3.791
436,935
i
r-.V.
S.Y.i
r. Prot. di
1890.
$
GroBS camin.is
Operating exiK-nses
Net earnirss
Otter Income
Total
Int .rentals
&
taxet.
Balance
Boston.—
1891.
*
-Connecticut Jiivet:1891.
1890.
$
*9p'297
2 39, < 45
397.297
249,753
318,364
190,924
308,234
182,939
1G5.462
147,544
127.440
13,888
125
137,028
27,322
165,462
129,538
147,544
135,693
141,328
_
"35.924
11.831
111,482
.
129,846
29.i
11,733
109,706
of the large expenditure made to strengthen the line
since it was decided to convert it into a link in the most ceatral of ths great thoroughfares across the Continent.
Although the benefit of these improvements, as regards
wisdom
operating an unbrolren line, could not be enjoyed before
November 16th last (when the standard-gau-'e trains of our
Eastern connections were first able to reach uj at Grand
Junction).
The gross Earnings for
the year ending June
30th.
1891,
]
,
have
amounted to
of Georgia.— Negotiations Operating Expensea
Messrs.
by
headed
syndicate
with
a
concluded
been
have
Speyer & Co. for a loan foroneyear of $i,5C0,000at 6 percent NetEarninga
Taxes. Rentals and
and"2M ppr cent commission. The company's consolidated 5
terest on Bonds
per cent bond.s to the amount of §7,009,000 are given as secu-
Eiohmoud Terminal— Central
-.
,i
—
$2,346.130 73. an Increase of 44-6J percent
1.450,077 53, an increase of 31'0a i)er cent
$396,033 15, an increase of 73-00 percent
j
In-
I
$589,914 84
'
$306,138 31
This mortgage was authorized last year, Leaving bal.-ince of
was published in ihe Chp.onicle of Oct.
One dividend of two and a-half per cent and two of one
35. page 571. The authorized issue is for $13,000,000, of which anel a-quarter per cent each have been declared on the preper cent ferred stock in January, April and July, amounting to $235,S4,80y,000 are res^ervcd to retne the tiipartite 7
bonds due Jan. 1, 1893. The syndicate are given an option for 368 75; and there remained for the year, showing to the net
the putcbasei f these bonds at 80 and interest. This loan and credit of income, $30,769 56, which, added to surplus at beginthe extension of one held by a leading financial institution for ning of year, less paid judgments and claims on business of
$700,000, provides for tbe entire floating debt of the Central previous vears, makes net, credit to profit and loss, or surplus,
June 30, 1891, $338,239 43.
<f Georgia Company.
President Inman of the Terminal says this floating debt of
The Company is without floating debt.
pressing
financial
matter,
was
the
only
Central
The January dividend of two and a-half per cent (2}^ per
the Geoigia
provide
for
sys^tem
having
arranged
to
pails
of
the
the other
cent) was paid in preferred stock and is included in the above
Very sensational stories statement as a charge at par against the year's income tbe
their obligations as they mature.
have been published from time to time in the newspapers amount of cash corresponding thereto, to wit: $116,40i), havwithout substantial foundation.
ing been used in betterments.
The average mileage oi)erated has been 407 miles.
Kio Grande Souihern— Ttenvor & Rio Grande.— The Eio The Gross Earnings per mile were
$5.764 45
'•
<jtrande buulhem will be completed its entire length, frim TheExponaes
" "
3,66489
^Dallas to Durango, Col., 180 miles, before the first of the
"
"
Eamiu.ra
And
the
Net
$.;.099
58
built
has
been
by
par:ies
interested
in the
year. The read
The expenses have been at the rate of 61-8 per cent of tbe
Denver & Rio Grande, and has entered into a 3o-year traffic
alliance with the D. & R. G. for an interchange of busmess. earnings (or 63-58 per cent after adding taxes and insurance).
Five hunelred and sixty-nine thousand two hundred and
The road passes through one of the richc st agricultural and
minir.g sections of Colorado. The pine timber is of great nine tons of freight were haulel, a gain of 49 per cent over
size, and s-aw-niills have quickly followed the track-laying.
the previous year and 239,603 passengers (a gain of about kt
It must prove an important feeder for the D. & R. G.
The 303.^ per cent).
1
earnings on 50 miles in operation from Dec. 1 to Sept. 1,
The tonnage was hauled an average distance of 143-7 lies, and
nine months, were $171,251 gross and §98,098 net; while the the average receipt therefrom was 1-954 cents per ton per mile.
annual interest charge on the $1,350,000 covering this 50
The passengers were hauled an average distance of 126
miles of road was §6J,500. There are now 100 miles in opera- miles, at an average receipt of 2 7^ cents per mile.
tion; the earnings are published weekly in our usual column.
Of the entire earnings from freight and passengers the
" trans-Continental" earnings were 15-38 per cent.
United States Boiling Stock Co.— This company, with a
The " through" earnings (including traus-Conli-aental) were
capital of atiout 84,000,000, failed a year ago, and a nieetingof
20-4 per cent.
the holders of Receiver Hegewisch's ceriiticaii-s and of other
The earnings from busineso originating and terminating on
unsecured creditors was held this week at the othce of Lawyers Sewaid, Guthrie and Morowitz to listen to a plan of re- our own line were 44-68 per cent and those from businessi
organization. Proceedings for foreclosure of mortgages had originating at or destined to points in Utah (including tbe(
been begun in Illinois, Indiana and Alabama, where the cen- above 44-68 pe-r cent) were 79-6 per cent.
The freight earnings from business originating and termi-J
tral works aie situated, and it was imperative that action
should be taken -to rescue the property, of which the S' curi- natmg on our own line showed a gain of 46 per cent over the>'
ties are mo^tly held in England.
The New York Herald re- previous year. They amounted to 69 per cent of the whole
port says that the meeting represented $653,000. Mr. Guthrie in tonnage, and yielded about 46 per cent of tbe total freight;
explained the situation and submitted the plan of reorganiza- revenue.
The freight originating at or destined to points in Utah (intion.
It cimtemplates the issue by the new company to be
f j.med of $1,750,000 first mortgage 5 per cent fifty-year gold cluding the 69 per cent) furnished nearly 90 per cent of the
bonds, of which 8375,000 will go to the present real estate entire tonnage and nearly 86 per cent of the freight revbondholJcr.* and $1,200,000 to the holders of the consols. This enue. The "through" freight furnished 10-4 per cent of tbe
will leave a surplus of $275,000. New secmd mortgage bonds tonnage and 14-18 per cent of the total freight revenue of
to the amount of $3,000,000 will al o be issued, of which this " through" freight the " trans-Continental " amounted to
present del enture bondh'oldi rs, and 45,399 tons, or e'ght per cent of the whole, and ihe revenue
fid^^^i*" '*,'" '^'° '° "*®
from it $155,427, or 9J^ per cent of the total freight earnings.'
?700,0U0 to the present stockholders who assent to ft
e reorThe passenger earnings from business originating and ter-;
.New car trust bonds to the amount of
ffnlfn"'^*'^" "^Ifu
f 1,000,0( will be rssued to take the place of those at present minating on our own line showed a gain of about 38;^^ per
cent over the previous year. They amounted to 67)4 per cent'
outstanding. New preferred stock to the amount of
$1 750 of the total, and yielded about 31-79 p?r cent of total passen-;
000 and new common stock to the same amount will be issued
and an assessment of $10 for every $50 share of stock will be ger revenue. The passengers originating at or d-stined to
points in Utah (including above 67J^^ percent) furnished about
levied. A comivittce of five was appointed
representing the
per cent of the whole anel yielded 76 '3 per cent of the
largest ci editors to examine the books and accounts
with the 763^
reorganization committee.
total passenger earnings.
The "throuah" passenijers w?re
per cent, and the earnings therefrom 33J^ per cent of the
Wisconsin Central.— At the arnual mcet:ngof the stock 33}^
total.
Of these through passengers, the '• trans-Co itineatal"!
were 208 per cent and the revenue therefrom 33-2 per cent
of the total.
Twenty-six locomotives, 13 cars for passenger trains andj
213 freight cars were added tcfthe equipment during the yenr^
making the total now on hand, 74 locomotives, 53 px3?enger,j
baggage, mail, express and officer.-.' cars, ani 1.158 ir>ighti
and Giorge \V. Johnson, Brookfield, Mmss.
Officers were cars.
This includes 20 locomotives, 7 |ia<seiiirer. m-r I, exelected as fellows: Edwin H. Abbot
Pres deTand Trea- press and baggage cars, anel 445 freight cars svill of n..rro.v'^•'V,A''''°^: Vice-President and
1 reasurer
guage pattern.
Tl^/J"^r
at
MilwauKre; Howard Monis, Assistant S
-cretary and GenThe torjnage of coal, coke anel charcoal aiio.intfd to ^67,0" i
eral Solictor; Henry ¥. Spencer, Assistant
Secretarv and a"
tons, or 47 p. c. of the total, and the revenue from the sainsi
««iant Treasurer at Bostoi; Thoma* J. Hyman
Auditor
$538,638 09, or 33 p. c. of the total freight revenue
rity for the loan.
and an
abstiact of
it
—
;
m
[
I
'
|
;
AssSt
NOVJUIBBB
THE CHliONICLE
7, 1S91.1
The revpniw fmin Rpnoral merchandise amounted
to $817-,
130 89, or nearly 30 p. c. of the total freight revenue.
Tlic trallic in ores cmne next, amounting to 9137,363 79, or
not quite 8 i>. c. of the tola! fri-iKl>t rovenui'.
The San Pote Division (an important branch to tap the i)roductive valleys of the San IVte and the Sevier), authorized in
thesprinKof 1890, was completoj from Thistle (on tho main
line, TO miles east of Salt Like) to Manti, the capital of S.in
I'eto Vallev, a distance of (JO'8 miles, and opened for tralHc
January
1."
676
For tho flmt three weekn of October thn pro.g earalnica
stimated
the Aulitor, am mnted to $10.m,Ii5).
Respectfully submitted,
l)y
WM.
rOMl'ABATIVK STATEMENT OP EAtUniTOB AKD aXPSllSn.
Earxixor.
Last Tiar.
nUTear.
On
Alarch 3oth last an issue of preferred stock, out of tho
ill
the reserve, was aiith irized to the amount of
$1,250,000, for the puriM>se of makiuj; certain improvements
anil a idinK to the rolling stock. This was ofTered to stoclthoMeis in the proportion of 10 per cent of their holding.^, at
$0'i per bhai-e, and was subscribed by thom April 15th.
Of tiie proceeds of this subscription it was intended to use
for the construction of a new line of easier gradient about
twelve miles in length, at " Soldiers' Pass,'"' the sum of $'J(Ki,000; §450,000 for new equipment, and the remainder for improvements at Salt Lake City and elsewhere. But the more
careful, furtlier examination of the western slope by our
ensiueers, alter the meltiDs of the snow in May, permitting a
thorough survey, failed to show a lino of two per cent gradient
practicable within that allotted cost. No sitisfactory location
was found, in fact, that would have cost less than half a
million dollars. It was therefore deemed best not to undertake it this year, but to wait until a still further enlargement
of traffic should warrant this heavier outlay of capital. It
was later found also that the estimate for additional equipment miglit, for this year, with safety be reduced to $350,000.
The Board accordingly decided to re-adjust the budget of
capital expenditures for the year ani authorized the application of the §500,000, saved from the above, to the following
purposes, deemed, under the circumstances, more immediately
advantageous to the Company:
First. To the widening of the remaining narrow-gauge
branches, viz.: the San Pete Division, 60'8 miles, from Thistle
to Manti; the Wasatch Mountain Branch, from Bingliara
Junction to Bingham, 18 miles.
Second. To new terminal improvements at Helper to enable
the miin line to be operated in two divisions instead of three.
PflKl't
1,0(I7,20J80
038,775 20
8i>
471,010 40
3l.:i4 2 H3
4«,l»7.'> 74
8,063 24
TotaIoarDln|r«... .2.340,13073
1.022,234 51
38.6757t
70,44870
Kxpnxs
.MlitculUueoua
7,215
6,250,000
7,500,000
Pr«ferred CaDital Stock
CkHumou Capital Stock
The Company has in
its
treasury as a reserve
if
Aa
c»ddl to the
reports
of
tne
$2,000,000
OroM
«-,
BOOfi
733.890 33
ZUSt
;i.ri.-,i
Itondway
Bridget and Build-
tMtt Ytar.
Htock
Inereate.
P.Ct
%
09,802
31-74
"u.,o*»v
30 at i*
9
270,92125
!"«»
Itolllng
irar.
$
of—
201,053 95
4.3.242S3
25,11582
211,96020
18,12701
175,113 67
89,852 59
72-17
a2-7»
790,98052
24.41461
000,87125
C'oMcliictlugTransporlallon
100,IlS2f
3lKt
2:i.oM)
.-.'S
I.3.t500
|KU,'.iUH
41
25,247 70
5-87
31-44
Operating
Expenses
1,450.077 58 1,105,517 05
Net Earnings
890,053 15
516,710 80
314,559-93
370,330 '.:9
311«
304,802 27
74-09
Coiitiiigcnt
Oi'iieral
Expenses.
Expenses
103,546 11
Total
Ptroeiifagn of Operating Expcises
Net Eariiiiies after
diMlucting Taxes and
01-81
08-14
Insurance
854,52068
Percentage of Operating Expenses, In-
489,718 41
(^luding
612.5
63-58
6981
,
EARNINGS, EXPENSES AND INCOME.
EvnNiNOS— Freight
$1,596,015
638,775
33,875
70.448
7,215
Passenger
Mails
Express
17
'id
71
70
89
$2,348.130
'0
Conducting Transportation
Contingent Expenses
(ieaeral Expenses
1,450,077 59
NetEamings
$896,058 1»
2,315 1»
Keeeipts from otlier Sources
$898,315
Less—
Taxes
15^
$37,187 76
4,314 71
Insurance
41,532 47
Net Balance after deducting Taxes and Insurance
.
$856,782 OS
.
Income AccorNT.
Dr.
Net Balance from Earnings, as above.
Intere.ston
Or.
$8a0,782 68
.
Bonds
ifWSS.JSOO
00
255,368 75
Dividends.
Interest, Discount and Exchange..
Rental Leased Line
Net Credit to Income
744 37
14,400 00
50,709 50
$856,782 68
$856,782 08
CONDENSED BALANCE SHEET.
ASSETS.
$27,750^000 00
Cost Of Boud and Equipment
Cashouhaud
$155,51774
Cash In hands State Trust Co.. Trustee. New
York, to pay Coupon due July 1, 1891. ... 290,000 CO
Subscription to Preferred Capital Stock
(payable in July, August and Sept., 1891) 110,800 00
$85,808 99
Due from Agents and in transit.
15,054 08
Due from U. 8. Government
Due from Individuals and Co's. $107,601 69
Less due to Individuals and Co's 20,72 1 03
86,880 68
t
187,743 7»
210.72' 'I
Material on band
—
$ua,7UJ,«4' o«
257,000
UABILITIBS.
Superin-
~
OperatlLgEx ensei
77
$270,921 25
43.212 8 J
214.966 26
790.986 52
24,414 61
105,546 11
S-.^.SOO
liLor.
Eariiliga
7341
Taxes and
Insuiance
1,2:^0.000
during the year.
The line a id a >oend i3;es are in good order.
Ttie issae of chi< rep >rt liavin^ been ddlayeJ, we are able to
append ascil'ji.'ai fir tae tirst quirter of the third tlscal
year of th > com^aay, viz.: July, Augait and Septem;>er, 1891,
as follow
.i
549,377 7
The carefully-prepared cables in the
report of t'le lacier set forth the basinets aid accounts of the
company in all nece8:iary detail. Toe offijerj and employe.-*
of all deoart.n.'nts have rendered faithful and eifijieat service
I id
<«»•<(%
'
:
First Mortgage Bonds (making up the total autliorized
Issue which is limited to !(H 6,000.000), against which the
required mileage of railway Une has already been com-
pleted
^.
Prcferrod Htock of the total $7,500,000 heretofore authorized by the st.ickh'ilders
FirH Mort'^ igii H .u isof thi) devler Unllway Cuinpauy
Pi^ferred ist«ik nf the Sevier Railway Coiupnoy
Oouimon cttock of iho devier Railway Cami>any
r.OI
W
»2H.*12
li;?-
OTKUKTlUa EXrCRHE*.
ThU
Mainleiuuioe
Mlscellaneons
To additional protection of the line against water,
with some further sidings, fencing, etc.
Expenses— Matntenaune of Roadway....
Fourth. To the acquisition of all the issued securities of the
Maintenance of Bridges and Buildings.
Miintonaucp of Kolliug Stock
Sevier Railway Company, being those pertaining to the
twenty-six miles of standard-gauge line constructed southward from Manti to Salina. This corporation was organized
to build a line, beainning at Manti and extending thenco
southerly through Utah, into and up the well-watered and
well-populated valley of the Sevier, to the very promising
silver mines on its upper waters, with c?rtain extensions and
branches to mines of coal, iron and other minerals and forests
of timber.
These securities consist of $642,500 first mortgage bonds,
$;3S5,50O preferred stock and $i57,000 common stock of the
Sevier Railway Company.
On July 1, 1891, the first division of the Sevier Railway,
south of Manti to Salina, 26 miles, was completed and turned
over to this Company, which is operating the same under a
lease providing for a suitable division of earnings with our
main line and branches.
Since July 1, 1891, the entire line operated consists, thereThe Company
fore, of 472-3 miles, of which 43-9 are leased.
owns, in addition, 7-4 miles of tramway communicating with
Alta, and 10'5 miles of same from Bingham to Wasatch.
By the 12th of July last the last remaining section of narrowgauge line was widened, and since that date the entire system
has been operated as standard-gauge.
Tiic Amount of Bonds now Issued, all First Mortgage Four
$14,000,000
Per Cent. Fifty Yoar Gold Bonds, is
Jntrratt
17
l,S(»fl.01.'5
PniHouger
Mall
Third.
Aiten.io.i
PALMRR.
pTwMeni.
1801.
$3,.'")00,000
tendent
J.
$-40,480 82
4ae.-« 19 6ii
*3ll,B61 Ih
Net Kauin,'e
l**» luterodt. axe-s m.^orance and Ruutal Leased Lines. I )7.I 3J0.I
Preferred Capttil Stock
Oommou Capital Stock.
First Trust
,
$6.2 jO, 000 00
7,5<M,000i'0
$43,750.000 00
Mortgage Bonds
14,00.>.000
00
$37,7Sa,«00:M
$11i8,-J0O33
Vouchers
Pay Rolls iPatd In July)
p.iy Check*
Unclaimed Wages
901.48S 21
to Foreign Roads
tnterest on lioiids
raxes to July isi, 1891 (Payable Ocio-
Dae
-i
1
Dividend No! 3 (Payable Ang. Ut, ls91
Eanipmen t Destroyed
tfalauoe to Credit of t-rolll
•
and
^
414.411'W
ll,M«SI>
- . •
»*.« *» 4«
LoM or Sarpliu.,
.
.
^154,528 lb
One and one-qinrter per cent Dividend on Preferred Stock
forthp Qiartar....:.
fiurplu.*
78.093 75
»7<».*3*
"
»28.7aa.84S 88
There was charged to proUt and Io» during Ihr year. *"^*'* <25f
lo /i>lT,t8lia
commrted rlor to
JwJT. iww^
•eitlrment of
cl .ims.
damage ul'»,
ete.,
)
wblob aooounu for ibe $Ul,645 91 roduottoo. la surpliu •a
wltb prevlotu year.
—mtmi tA
THE CHRONICLE.
676
THE AMERICAN COTTON OIL
COMPANY.
ANNUAL REPORT FOR THE FISCAL YEAR ENDING
AUGUST 31, 1891.
The American Cotton Oil Company,
ExECUTiyB Offices, No. 39 Broadway,
New York, November 5, 1891.
the Stockholders of the American Cotton Oil Co.:
So many changes have takea place during the past two
years in the proprietorship represented by your Company that
a brief review of the events of that period wiU give present
To
the status of their
properties, its business, its financial condition,
its resources and its prospects.
In November, 1889, it was decided to incorporate the bu»iBeea under the protection of accepted law.
The plan adopted for this purpose received, with but trifling
exceptions, the hearty support and co-operation of all parties
interested and The American Cotton Oil Company was duly
stockholders a better understanding of
Company,
;
:
&
"We
:
The Bankers recommendations and
^?hl
of the
All the debenture bonds were promptly paid for on or before the maturity of the instalments.
The reorganization of the personnel of the business then received the attention of the Finance Committee, while the interests imperiled by legislation and litigation were carefully
watched. Radical changes and reduction of expenses in many
departments were effected. Direct business methods were
introduced, unnecessary offices abolished, small companies
consolidated, concentration of management secured, and provision made for the protection and promotion of your business
interests in all directions.
The directors have been in regular monthly session. The
members of the Finance Committee have given continuous
daily attention, at home and abroad, at this office and at the
distant properties, to the details of the business and its reorganization.
its
created and organized.
By reason, however, of special conditions, heretofore eipltdned to you in detail, the practical execution of the plan
was delayed during the ensuing eight months.
As the season for the active operation of the crushing mills
approached, large amounts of cash were required for the purchase of cotton seed and supplies and the operation of the
companies. It was then July, 1890, and the money market
was already under the influence of impending financial disIt had been designed to provide fixed working capital
aster.
through the sale of the preferred stock, but under the conditions then prevailing the advantageous sale of the preferred
stock was found to be impracticable. $3,000,000 of additional
cash working capital were needed for the operations of the
opening season, whila the floating debt of $4,000,000 was rapidly maturing. It was evident to all that energetic measures
and effective action must be promptly taken.
At this stage, under date of July 38, 1890, a number of
stockholders, representing a majority of the Capital Stock,
addressed the following communication
" To Msssrs. Winslow, Lanier
Co.,
" Bankers, New York City.
would be pleased to have you aid in perfecting
" the organization of The American Cotton Oil Com" pany of New Jersey, and request you to assist in the
" formation of a Board for this Company of men of
" high character, including one member of your firm."
This was supplemented August 11, 1890, by a communication to the same firm, signed by all the members of the Reorganization Committee which had been appointed by the
certificate-holders, and reading as follows
" Recognizing your special abilities for the task, and
" the large atock interest you represent, we respectfully
" suggest that you address yourselves to placing the
" financial and general affairs of The American Cotton
.
" Oil Company on a more permanent basis."
In response to this call these Bankers at once inaugurated,
with the assistance of experts, a thorough investigation to
ascertain the financial prospects of the Companies, the physical condition of the various properties and the requirements
for their protection and development, the legal status of this
Company and of the organization, the condition and prospects
of hostile legislation, and the necessary measures and
men to
eatablish the enterprise upon a stable foundation
At the conclusion of their investigation, and about
the
ftrst of
September, 1890, the Bankers announced their
opinion that the business was one of merit
and permanency, and that under proper business
management it
gave every promise of fair returns upon the capital
invested.
plans,
when submitted
the investigations, to the
1/ and the Reorganization representatives
IfJ^Th
Stockholders
Committee re-
ceived prompt and unanimous approval, and
at the reoues't of
these mlerest, the Bankers assumed th^
charge an" duty of
their practical execution. The resignations
of the majority ot
the Board of Directors were accordingly
tendered to the Rank
«s. and Mr. Adams of that firm wasi^cLurcharged
[Vol, LIU.
INFORMATION AND REPORTS TO STOCKHOLDERS.
LisTiHG OF Stocks and Bonds.
Effort has been made to afford all stockholdprs the fullest
possible information respecting the property and business, by
personal explanation to those wiio have called at the office, as
well as by printed statements mailed to the addresses of all
owners of record.
Among these statements were
An official statement, dated August 16, 1890, distributed
with the circular of September 9, 1890. This statement included a resume of the consolidated accounts as of June 30,
:
1890.
The annual report for the year ending August 31, 1890, distributed at a meeting of the stockholders November 6, 1890.
This included a statement of accounts to the close of the fiscal
year, besides many details of organization and business.
An official statement made April 14, 1891, to the New York
Stock Exchange, in which was given full details of organization, the terms of the common and preferred shares and of
the debenture bonds, and the balance-sheet of April 1, 1891.
copy of this document was also maOed to every stockholder
of record. Twelve different documents, in certified form,
comprising the charter, by-laws, schedules, financial statements and all needful records, were filed with the New Y^ork
Stock Exchange for the action of that body and for the protection and information of all parties in interest.
After the most thorough official investigation by the New
York Stock Exchange into the organization, business, assets
and legal status of the company, the debenture bonds and thq
common and preferred shares were formally admitted to
quotation on the regular list of that Exchange; and all increased issues of the same are now subject to the restrictions
and publicity required by the rules and regulations of that
A
body.
ADVANTAGES AND BASIS OF THE INCORPORATION.
The advantages now secured to you through the execution
of the plans may be briefly summarized as follows:
1. An established corporation with the protection and publicity of
the laws of the State of
New
Jersey.
The reduction of capitalization by the amount of $10,646,938, without any reduction of assets.
3. Ample working capital for present volume of business.
4. Adequate resources for additional funds should conditions
2.
warrant
their
procurement, but without personal
liability to
the stockholders.
5. The maintenance of high commercial credit by restrictions against any mortgage liens.
6. The division of the Capital Stock into two classes:
(a.) The Preferred, representing the investment part of the
business, evidenced by real property; and
(b.) The Common, representing the equity in the assets.
impossibility of increase in stock capitalization
7. The
without the consent of stockholders, as required by law.
In general the plan of capitalization has been so framed as
that, with successive periods of prosperity, the common shares
may retire all fixed charges and other preferences by the following provisions, and become the sole owners of the entire
property.
The Gold Debenture Bonds outstanding amount to $4,000,are part of an authorized issue of $5,000,000 bear quarterly interest at the rate of 8 per cent per annum, and mature
000
;
;
November 1, 1900. These Debenture Bonds are not secured
by mortgage. There is no mortgage on any portion of the
Company's property or any of the properties in which this
BolrrorSt^o?;.^'^^"™"''"^
Company is interested, and no mortgage can be made without
The first measure presented for permanent
relief was the the vrritten approval of tlie holders of eighty (80%) per cent in
^^"•''^'"^ Bonds to h: amount of the Debenture Bonds then outstanding.
amount or $4,000,000.
WX)*^*!?""??"^'?
New Directors were selected the ro Debenture Bonds are subject to compulsory redemptionThe
at
bankers secured, and the prospectiJof
""'^'^^^ o^ the 110 per cent upon not less than sixty days' notice.
?£!^*I?°
Debenture"^^''T?"
Bonds issued September 9, 1890
Th* Preferred Stock outstanding amounts to $10,198,600.
In conformity with the conditions
made by the old Rn«rH r>f
It is entitled to receive non-accumulative dividends at the
Debenture Bonds were firtt offered
^^^
tolhf rate of six per cent per annum before any dividends for the
^^*Sl??^
•tockho^ders.
In order to protect the Company
from the disas same year are paid upon the Common Stock. Its participation
"'
°f
"^
P^^t
the
^^^
stookSoMers or of in the profits is thus limited in consideration of the security
W,V '/
I ^^"k"'!
and income given by its preference in dividends and in final
liquidation. The Preferred Stock is subject to compulsory
redemption at $105 per share, and has like voting power with
^"^^
wUh"
Fina'nceCo'mmitfe^^of^fe
ToZ^oTWo
&,
stockholders in the circular of September
9 1890
^wn.'^rtvi^ssiroT^r^*^^^^^^^^^^^^^
and pressmg.
As the stockholders accepted a^
paiTfor onlv
''"''' °' '^'''.P'-" '•«*« amount
the wisdom o^f
ttVu^ZT^'
^^' recognized and the expense incident
tCeto
approved^
the
Common
Stock.
The Common Stock outstanding amounts
to $20,337,100.
It is entitled to all dividends declared in excess of six per
cent per annum upon the Preferred Stock. It may be increased under the provisions and restrictions of the laws of the
State of
Jersey, and in conformity with the regulations
of the
York Stock Exchange, and thus furnish means to
New
New
retire the
Debenture Bonds and Preference Stock.
^jj
NOTBHIIIH
THE CHRONICLE
1801.
7,
LIOXUTY OF OROANIZATIOH.
Otl Tank Cars, 836 in number, for th« transp'>rtotion
of the crude oil to tho rednorles and the r"llm«i| oil to
the oonsumeni, a facility that Ik an economy and
•
(8.)
Th«
leKBlity of this orKaniEation has been passed uuon on
behair of th(> liankerR by Mesiirs. BrUtow, Peet
Opdyke and
&
&
Montgomery,
Olin, Rives
ber 5, 1890. their opinion:
who
state,
under date or Septem-
and commercial advantaga,
Real Estate. Huitdings, Machinery ^nd propvrtr, comprisiDK plant and refinery iu New Jersey and crude oil
mills
Southern States.
Practically the entire ownership in one hundrn<l and
(4.)
twenty-six (126) manufacturing properties hereioafur
enumerated.
These ownership include the good will, trade-marks and
kindred asseta of a larj^e and established business, with sole
agencies in all tho principal cities of the United State*.
Canada, Spanish America and Europe.
LIST or MANUKACTUBINO PBOPKBTIXa.
financial
(8)
" Tliat i'lie American Cotton Oil Company is a legally
" orpmi/.ed corporation of tho State of Now Jersey."
lu their le^al certiticate, filed at the Now York Stock ExchaiiRo, under date of May 5, 1891, Messrs. Sullivan & Cromwell state
" That The American Cotton Oil Company was organ" ized by U3 under the laws of the State of Now
" Jersey, and its organization is in strict conformity
" with tlie laws of that State." Also,
"That tho Stock of the Company, Preferred and
" Common, is issued in conformity with the laws of
" New Jersey, and is valid."
All the above-mentioned firms have also approved the legality and Talidity of the Bebeuture Bonds in certiticates duly
m
71 Crude Oil Mills,
15 Refineries,
6 Lard Plants,
7 Soap Factories,
IS Cotton Ginneries,
filed.
BUSINESS.
The American Cotton
Oil
Company
is
as an ammonial fertilizer.
Linters. The results from re-ginning the seed, which product is a short staple cotton and maintains relative
value in the markets of the world with " middling
cotton.
Cotton Seed Hulls. Only recently recognized as of value,
except for fuel, but which are coming into favor for
cattle feed in lieu of hay, and also in the manufacture
of a iJuip for paper stock.
From these direct products from the seed we are enabled to
present to consumers the following among numerous other
commodities
'
Summer and
Summer and
winter yellow oils,
winter white oils.
Salad and other oils.
The most widely known articles manufactured from the
"ibove-mentioned products are
" Cottolene." An approved substitute for lard composed
of refined oil and pure beef stearine.
" Oold Dust" Washing Potvders, Laundry, Toilet and
Scouring Soaps, manufactured from cotton seed oil soap
stock.
Cotton Seed Bull Ash,
as fuel
;
5 Cotton Compressors,
8 Fertilizer-Mixing Establishment*.
a manufacturing and
mercantile orpfanization, producing and dealing in the products of the seed of American cotton.
Before tlie value of the products from cotton seed was
known the seed not only went to waste but was a source of
expense and inconvenience to the ginner. To-day it is converted into valuable merchandise.
The principal products of this industry are
Cotton Seed Oil. Obtained from the seed after separating
the hull from the kernel, cooking and then submitting
tho mass to hydraulic pressure.
Cotton Seed Cake. The solid residuum of the seed after
expressing the oil.
Cotton Seed Meal. Recognized as the most valuable of all
similar feeds for cattle and sheep, and of highest merit
Jiejuied Oils.
ft77
The product of the hulls after use
and extensively use4 as a to-
rich in potash
127 Located in sixteen States.
All these properties are free from mortgage /ten.
CRUDE OIL MILLS IN OPKRATIO.V.
Adams, Natchez, Miss.
Huntsville, Huntsville, Ala.
Alabama, Montgomery, Ala.
Jackson, Jackson, Tenn.
Albany, Albany, Q&.
Macon, Macon, Ga.
Anchor, Helena, Ark.
Meridian, Meridian, Miss.
Argenta, Argenta, Ark.
Monroe, Moziroe, La.
Arkansas, Texarkana, Ark.
Montgomery,
Montgomery,
Atlanta, Atlanta, Oa.
Ala.
Augusta, Augusta, Oa.
Mu cogee, Columbus, Qa.
Brinkley, Brinkley, Ark.
Nashville, Nashville, Tenn.
Brown, St. Louis, Mo.
Oliver, Charlotte, N. C.
Capital City, Jackson, Miss.
Oliver, Columbia, S. C.
Central, Selma, Ala.
Planters', Memphis, Tenn.
Columbus, Columbus, Miss.
Raleigh. Raleigh, N. C.
Crescent, Gretna, La.
Rome, Rom^ Ga.
Emma, Pine Bluff, Ark.
Sunflower, Clarksdale, Miss.
Fort Smith, Fort Smith, Ark.
34d-1260th8 of Valley, MemGalveston, Galveston, Texas.
W;)his, Tenn.
34-130th8 of Gayoeo, Memphis,
aco, Waco, Texas.
West
Tenn.
Greenville, Greenville, Miss.
Greenville, Greenville. S. C.
Grenada, Grenada, Miss.
Gretna, Gretna, La.
Hamilton, Shreveport, La.
Point,
West
Point, Mis*.
Wilmington, Wilmington, N.
C.
465-500 of Yazoo,
Mi6s.
Yazoo
City,
Linseed Oil Mill, St. Louis, Mo.
Castor Oil Mill, St. Louis, Mo.
Hanauer, Memphis, Tenn.
Houston, Houston, Texas.
Total. 46.
CRUDE OIL MILLS-DORMANT.
City,
Memphis, Tenn.
Little
Rock, Little Rock, Ark.
Maginnis, New Orleans, La.
Corsioana, Corsicana, Texas.
Palestine, Palestine, Texas.
Dallas, Dallas, Texas.
Globe, Memphis, Tenn.
Total, 7.
CRUDE OIL MILLS— DI8MANTI.ED.
"bacco fertilizer.
EXECUTIVE MANAGEMENT.
Memphis, Memphis, Tena.
Baton Rouge. Baton Rouge, La. Mitchells, Mitchells. Ala.
Neel, Pine Bluff, Ark.
Belton, Belton, Texas.
Newport, Newport, Ark.
Brooklyn, Brooklyn, N. Y.
Paris, Paris, Texas.
Canton, Canton, Miss.
Planters, Algiers, La.
Catawba, Chester, S. C.
Texarkana, Texarkana, Ark.
Charleston, Charleston, S. C.
Union Springs, Union Spring*,
Columbus, Columbus, Texas.
AU.
Helena, Helena, Ark.
Waco, East Waco. Texas.
Lexington, Lexington, Miss.
Austin, Austin, Texas.
conduct of this extensive business is under the general
direction of the Finance Committee, the President and his asTil*
sociate executive officers in this city.
The financial affairs of the entire organization are directly
supervised in daily session by the members of the Finance
Committee, who are salaried ofilcials.
They have immediate charge of the Treasury, Insurance
and Audit Departmejits, Domestic and Foreign Exchange,
Bank Accounts, Fidelity Bonds, Bills Receivable and similar
assets.
Total, t».
Ttie President and his staff have in charge the commercial
interests and general physical condition of the manufacturing
properties, and the purchase of seed and supplies.
The immediate physical condition of the properties is closely
supervised by competent officials, by districts, of which there
CRUDE OIL MILLS— SBBUILDINO.
Demopolis, Demopolis, Ala.
Aldig6,
New
Gulf City, Mobile, Ala.
REFINERIES.
Union, Providence, R.
Orleans, La.
I.
Fairbank, Hutchinson, Kan.
American, Cincinnati, Ohio.
Fairbank, St. Louis, Mo.
and expedite the business affairs of the Com- Brooklyn, Brooklyn, N. Y.
pany, it has been deemed advisable to conduct the business Brown, St. Louis, Mo.
Gretna. Gretna, La.
through departments, of which there are the following
Hamilton, Shreve|iort, La.
Chickasaw, Memphis, Tenn.
Little Rock, Little Rock, Ark.
Crescent, Gtetna, La.
Treasury Department,
Soap Department,
Maginnis, New Orleans, La.
Fairbank, Chicago, 111.
Audit Department,
Domestic Sales Department,
Aiaerican, Guttenburg. N. J.
Seed Department,
Foreign Sales Department,
Manufacturing Department,
Insurance Department,
In all 16 RellnerUs. (One leased and 7 are not active at
Cake and Meal Department,
present.)
Transportation Department,
Refining Department,
Law Department.
LARD PLANTS.
Fairbank, Montreal, Que.
Fairbank, Chicago, 111.
PROPERTIES.
Fairliank, St. Louis, Mo.
The property of this Company, as described in detail in the Fairbank, Hutchinson, Kan.
above-mentioned documents already sent to the stockholders,
Wilcox, Guttenburg, N. J.
consists of its
In all 6 Lard Plants. fOf these one is not active at prttent.J
Cash Capital, represented (a) by cash on deposit, and
(.1.)
BOAP FACTORIES.
(b) by interest-bearing advances made by it to mills, reFairbank, St. Louia, Mo.
Cincinnati, Ohio.
fineries and other companies in which this corporation American,
Gretna, Gretna, La.
Chickasaw, Memphi-n, Tenn.
is concerned, and employed in the purchase of seed,
Maginnis. New Orleans. LA.
the manufacture of its products, and other business Fairbank, Chicago, III.
Union, Providence, R. I.
purposes. In the marketing of these products this
Company reimburses itself for such seed advance* before In all 7 Soap Factories. (One leased and one it not active at
are six.
To facilitate
:
the close of each business season.
preeent.y
THE CHKONIOLE.
678
these resulting profits there has been deducted the
expense of administration and agencies, the debenture bond and other interest matured and accrued to
From
COTTON GINNERIES.
Mitchell's, MitcheU's Station
Albany, Albany, Ga.
September
Ala.
Dallas, Dallas, Texas.
Ktzpatrick, Fitrpatrick, Ala.
(Tou Lin,
Thompson, Thompson. Ala.
Union Sprinp8,Union Sps, Ala.
Fort Smith, Fort Smith. Ark.
Van Buren, Van Buren, Ark.
Galveston, Galveston, Tex.
Whitfield, Whitfield Crossing
HuntsTille, Huntsville, Ala.
on A. & W. P. E. R.,Ga.
Jackson, Jackson, Tenn.
465-oOOths of Yazco, Yazoo
Macon, Macon, Ga.
Citv, Miss.
McKinney, Allen. Tex.
active at
In all 15 Cotton Ginneries. COf these two are not
1,
lb91
$579,187 47
Leaving the net profits for the fiscal year ending August
$1,322,994 08
31, 1891
Had these net profits baen distributed they would have suf
ficed to pay to the shareholders of this company 6 per cent
upon the preferred stock and about SJ^ per cent upon the
common
stock.
The volume of the present business requires the use of these
net earnings as additional working capital. Their retention
present.
avoids the necessity of borrowing that amount of additional
COTTON COMPRE680ES.
money in the form of temporary or floating debt and of the
Fort Smith, Fort Smith. Ark payment of the interest charges thereon.
Arkansas, Texarkana, Ark.
Little
BALANCE or PKOFIT AND LOSS ACCOtlNT TO AHGHST 31, 1891.
One-half Compress at Pales- 26-52nds of Compress at
tine Texas.
S-lSths of
In
Rock, Ark.
all 5
The net accumulated profits tp August 31, 1890, as per
pr«Tiou» reports, amouuted to
$3,957,331 39
at Aberdeen, Miss.
Compress
From
this there has been deducted for depreciation of
properties and expenses of Debenture Bond issue, etc.,
the sum of
Cotton Compressors.
FERTILIZER-MIXING ESTABLISHMENTS.
Jackson, Jackson, Tenn.
Macon, Macon, Ga.
Raleigh, Raleigh, N. C.
Rome, Rome, Ga.
Mo.
Columbus. Columbus, Miss.
Brown,
St. Louis,
Eufaula. Eufaula. Ala.
Greenville, Greenville, S. C.
Total,
8.
ROLLING SrOCK.
34G Oil Tank Cars.
18 Box Cars.
1 Barrel Car.
active Crude Oil Mills own 812 Seed Houses, with a total
storage capacity of 75,000 tons.
The
One
of the
VALUATION OF PROPERTIES.
acts cf the new management was
first
to inau-
gurate measures to ascertain from independent and competent
authorities the actual values of the various properties. This
valuation was commenced in December, 1890, and the voluminous reports thereon bear witness to the care with which the
work was done.
The real estate and
buildings were valued in nearly all
cases by the most reputable real estate agents of each locality.
These valuations were then submitted to the officials of the
banks with which the local Companies transacted their business, or to some other impartial' authority. The machinery
was valued, in most instances, by experts of the Companies.
FinsJly, the reports passed the fun her examination of the
District Supervisors and the General Manager, and came to
this office certified by all these authorities and bearing the
evidence of care, intelligence arid
reliability.
The
appraisal shows that the tangible assets of these
properties have a cash market value as of August 31, 1891, of
«I5,773,J»:i6r3.
The accuracy of the valuation of December, 1890, has been
oonfirmed by the independent valuation of numerous local
insurance experts in sixteen different States where the properInsurance to the amount of $9,326,528 was
ties are located.
in force August 31, 1^91, on the buildings, machinery and
products alone, irrespective of the lands, storage tanks and
other uninsurable assets of the Company. The buildings are
insured at not exceeding two-thirds of their cash value, and
machinery at not exceeding three-fourths of its casli value,
1.194,745 40
$2,762,585 99
Net profltsfor the year ending Aug.
31, 1391, asabovc..
1,322,99408
Net accumulated profits to Aug. 31, 1891
$4,085,580 07
The valuation of December, 1890, disclosed to the Directorsthat some of the companies had not charged off and were still
carrying on their books various old accounts no longer represented by any property, good will, or other value. Thtse accounts Included absolute and irrecoverable losses by flood,^
sales of fixed property or plant at less than book cost, and fire
losses in excess of insurance recovered.
The Directors are unwilling to present a statement which
does not take account of these facts, and have made reduction
accordingly.
Instead, too, of charging the expenses of issue of debenture
bonds to construction account, or of charging off one-tenth
part thereof each successive year during tiie ten-year period
for which the $4,000,000 debenture bonds were issued, it has
appeared wiser to your Directors to charge off from past ac-
cumulated profits the entire amount at once.
While not affecting the net cash receipts from manufacturing profits or changing the actual values, it is believed that
the action of the Directors in charging off the amount above
set forth and reducing the assets to real and present conditions will meet with your commendation.
The following details of the business of this Company and
of those in which it is interested will assist the stockboldera
in forming a better idea of the enterprise in the fortunes of
which they share.
MANUFACTCRINO PKOFITg OF ALL THE PnOPEBTIES, EXCLUSIVE OF
INTEBEST CHARGES AND OENEBAL OFFICE EXPENSES.
Periods—
ProflU.
Organization to May 31, 1886
$394,007 77
Twelve months to May 31, 1887
2.448,225 78Twelvemonths to May 31, 1888
2,459,152 48
Fifteen mouths to Aug. 31, 1889
1,835,79517
Twelve mouths to Aug. 31, 1890
129,979 77
Twelve mouths to Aug. 31, 1891
1,902,181 55
ANNDAL BEPAIKS OF BDILDING8 AND MACHINEBT CHABGED EACH YEAR
AS A PART OF THE EXPENSES OF MANOFACTDRING FOB
THE SAME PERIOD, INCLUDISO LARGE SUMS
FOR IMPBOVED APPLLANCE8.
Period—
Antounl.
aa appraised for insurance purposes.
Twelve months to May 31, 1887
$191,669 76
Twelvemonths to May 31, 1888
350,931 71
FINANCIAL STATEMENTS.
months to Aug. 31, 1889.
488,964 71
The following statement is based upon this appraisal, Fi/(ce»i
Twelve menths to Aug. 31, 1890
339,892 96
brought down to the close of the past fiscal year, and includes Twelve mouths to Aug. 31, 1891
379,521 S3
all personal properly then on hand :
Total
$1,750,980 46
8TATEHEHT OF CAPITALIZATION AS OF AnOUST 31, 1891, BASED ON THE
VOLUME OF BUSINESS AND TRADE LOSSES FROM BAD DEBTS.
VALUATION OF DECEMBER 1, 1890.
Per Cent
Capital Stock—
$
iR
$
Trade Losses of Loss on
CJommon
20,237,100 00
Business
Amomit of
from
Preferred
10, 198,600 00
Pertod—
Done.
Business Done. Bad Debts.
30,435,700 00
*
Organization to May 31 lo87
*
$33,944
Ual)ilities—
*
Twelvemonths
May
*
to
31,
1888..
34,676
Debenture bonds
4,000,000 00
Fi/lecnmonthsto Aug. 31, 1889.. $24,486,140
3ii^f^ot\%
81,991
Current accounts
443,215 32
months
Twelve
to
Aug.
1890.
31,
23,750,000
38,995
186,0^,
of W
4.443,215 32
,
3 4.878,915 32
Beat
estate, buildings,
based on
tlie
machinery,
valuation of Dec, 1890
Caali in banks
Bills
and
etc.
iiccts. reoeiv'ble
$1,452,606 03
1,328,788 37
9,845,598 27
ill
Uie busluctis.
..
_. •T"*!)'!"''','"""'*''
Own
VMluatiirij of eulire
.
cu Til
Ooiuniuv
SBHOtrt iu wli
On
teu
with'>ar>
luauiii;;
whntover
inoneityand
is
a'ly
(
69,795
3*"ioooO*l''
Figures not available.
RECORD OF THE YEAR.
The business of the past year has been beset with many
3,146,944 00
Amonoau
31, 1891. 20,126,500
These Jlaures show the actual cash sales to the public, and do uol
include sales from one Company to another witnin the organization..
'
'Marketable products and
upplies ou h'nd available
Twelvemonthsto Aug.
dif-
ficulties.
It commenced with financial
lation, poor quality of seed ana
5,928,338 46
ot-
embariasement,
interested,
declmiog
methods
ofiicial
inciuent to changes in management.
Many imf.oiiaut changes have taken place in administration
illowauce
f..
ko .1 will, etc
15,77J.930
repriseniiiiK k od will, contraolo, loaves. pntoutH. iirooesses,
fcrauds "Ud kiiidr.-a a-'Brts of au
BNanoe
lioslile legis-
inierior product.'),
maiket«, anu at ihe outset with (he hesitating
73
and methods.
Offices have been abolished, ranks closed up and promotions
eetablisbod basi *<
made.
t'»,104,97!? 59
'3I,87!>,T15 32
li^xpensee have been reduced, and all the organizations have
"""^^ •""=« *"« Invenrory have been InTT^SiTSfUil been brought into harmonious and helpful relations.
»SlS5o'i?'*'
For ecniiomy and uirectness in management the namerouei
Companies ot aijy one State have, where praciicable, been:
»'.0'^'"'ce of not more than $3i.000
.wu
is
u»
««^™!!lifl'^''"^"'*'
••be
madp fi.r t-r -ma 1 interest outsi.Hidiu^.
con;-olidated into a single State Company.
-*TKVLNT .^r PKOFIT, FOR TUB FISCAL VKAB BNl.INO
It has ueen demonstrated tnat the It gitimato temporary inADO, 31. 1891
»j.rolt«of 111. m .u f ct riuj a..acommc,cl
debteiiness iucuried once a season in ihe purchase of raw mallmsiness
•f UiiKC«n.pi.,.y
tot
udoi the corporuiionsiu wUicl iu"
t^e ye ir oiidiu.t August :i
18
af L r
"'."'"" *""" •"•"""i'ctHrmcandope^
n-|>.lr^
POo*s»ry to mil ttiu Ml,, ao i,-«
Rl,. cb.hlLu,-.
tite ..f Illcir.cV „ud the
ro. t.- J r .r
1
^iTV"
mioii. .h.
£r..|.e
-i
»4a «r io
i«lf
<1
tralu ..cojuuts.
amount
to
.
«)
can be liquidated by the sale of the products before the
end of the same season.
Thefiscal year of the allied Companies was closed without a
dMar of nabitity on loaus or txills payable accounts to anyone
outittde of the organization.
terial
>
,
90' I8l 55
^OVKMBKB
7,
THE CHRONICLE.
1891.]
There uxire $1, 453.000 03 of caih in bank.
The quieh assets on fiand, including said cash, amounted to
%r,.KsM^
679
tCXAS UltTKICT.
John
I..
Kane
H.«il,|aartrr. at
16.
mortijtiiji: lien
The tystem has
ostablisliod of bondiaj; with respinBiblp Omrantee c jrporatio.is all olHoiiU intrujted with o wh
^eceil)t^ nil Uisi>iir<ein?atj.
litiudrei aiii sL^tBaii of
!<ucli otHfiiala are now bonded to the azirrezattf a'.noant of
Jol.nI.Co»ln«lon
lf«w York Clt,.
TRANSPORTATION nEPARTMeilT.
Fox
P. N.
ened aud new ones formed.
The
UaaiR-ial and mercantile accounts of this Company are
sought by bankers and merchants at home and abroad.
The couimercial and financial standiuK of this Company is
now ranked amonn the highest.
In all the changes rearle in the personnel of the orRaniz-ition
it has been the aim of the new management to discover and
reward ability and faithfulness among the old officials in
preference to the introiluction of new men. The fact that only
two new men out of a toial of five hundred and soventy-iwo
oflicials have been brought into the organization, notwithstanding the many vacancies and promotions that have been
made, is strong testimony also in favor of the character snj
ability of the gentlemen composing the presenc ofiiuial staff of
now
N. K.
Ftmntte Committee
satisfactory result of the year's business, despite many
unfavornble conditions, is largely owing to the loyalty, zeal
and esprit de arps of the oflicials", to whom the thanks of the
stockholders are due.
The volume of the annual business of the organization indicates its importance as one of the largest distributers of money
for wages and supplies in sixteen different States, fro;n Rhode
Island and Illinois down the Atlantic Seaboard, and the Valley of the Mississippi to the Mexican Gulf.
It gave employment during the past active season to about
i.OOO
men.
disbursed during the past year in this country about
$18,000,000 cash for raw materials, wages, transportation, advertLsin r and general expenses, and received in actual cash
over §20,000,000 for its products sold at homo and abroad.
The transportation of the materials and products of this organization ranks next in importance in the South to that of
It
(JobnU.
,
H
Janie< B.
'..'...'.'.'.'.'.'.'.'.
mW.
the
D.
Walter H. Field
I.
Ohio)
CInoInmitl. Ohio
LOUISIANA PROPERTIES.
New JcrMr
New
(The Union Oil Comiiany of
James M.«ln»hlp
Adeisory Commtitee in
)
New Mean,
5 r."m'
Orleanx. La.
WahUMe^"^™"
fM.8teni.
.
TEXA3 PROPERTIES.
(The National Cotton Oil Company.)
John L. Knnn.
Oilreston.
.AdeisoryCo,„n,i,Ue,nTe.a.
j-Vohlfrka'^'e! Oa.?,i."o"n'''"'''"' Ooorirc C. Street. Houston.
DOMESTIC HALES.
William O. Maul
New York ntw-
Frank BurrouKhs
£..?„'
Phlladplplila
?• Ai.iri.Sf
j.A.Aldrlch
.
Baltliliore
ADVERT ISI NO.
JohnT.ColllD»
New Yor* City
CE.VTEAL LABORATORY.
David Wesson
Prof.
FOREIGN REPRESESTATIVE3.
Sf\.^''i''H'"f
R.
Onttenburii. ».
/
Iliadquariors at Borlin.
•i.-V,
ForiiarU
1'.
Centi aland So iih America
TRAVELLING AUDITORS.
N. Peet.
Thomas
P. Bethell.
B. H. Monck.
Admixisteation Ofkicss
OF
The American Cotton Oil Company.
Executive Offl-cn:
No. 29 Broauwat,
\S THK
Nkw York
Cirr.
Principal Office :
STATE
OF NEW jEllSEr, AT TUB CoMPASV'H RKFIHKIir
"
Glttenbebo, I.N U.MO.N ToWNSUir, HU08U.1 CoD.STr.
«>lS
Trantfer Agenle and Reniilrarn of X>ebentnre Boudt:
Messrs. WIN'SI.OW, LANIER & COMPAVY. BA.NKKBg,
No. 17 Nassac Street, New York <.1tv.
Regxatrar of Preferred
and Common
Sloek:
CENTRAL TRUST CO.MPANY OF NEW YORK.
No. 54 Wall Street. New Yi.kk Citt
ADAMS,
Board of
MnXabon.
MeMiiUa.
Providence, R.
THE AMERICAN COTTON OIL COMPANY (of
Owen
EDWARD
J.
UNION OIL COMPANY.
Charle. C. NIehoU
Its
Chairman of
Hew York CHr
".C. nnnnonl.
John II. Mfixea.
,
ilon:reaHJeparlo>enl
m»
.M,
_
V/. //Oiil« I'ritirlmr.nt
.V.:r Yorl! nr/i'irhiieiil
cotton.
exports exert an important influence in turning the balance of trade towards this country. Its industry is National.
Its en ouragement by Ijcal and Federal proieclioa means
State prosperity and National wealth.
Its products are healthful, and have been so pronounced by
the highest professional authorities in the world. These products are being marketed in this country under their own
title.=, without disguise, and have received that mark of popularity whu'h tuo A nsrican people always give to pure and
nutritious articles of food that are sold under honest labels.
The record of this business during the past year is that of
constant and anxious care.
The management has striven to prepare for future business
upon fair margin of profit, but with increased volume, smaller
risks, less expense and greater facilities.
The business is now well in hand, and the present outlook
for the current yesir is promising.
i .Morton
Ii
Depnrlmeut
hftif/n
the organization.
The
FAIRBANK * COMPANY.
(Edward
I
_.
Clilraco,
$1,086,001).
CoiiBisnnient accounts hive been closed and cash term^ iiiauziirated.
The foreign relations have received personal att.mtion in
Kurope, whore old alliances have been modified or btrengtli-
-,
now
Orlraiu, La
INSURANCE bEPARTMRNT.
l)e»'n
Om
OolTeWon. Tm...
8KED DEPAKTMK.VT
and personal property is absolutely free from
Henry Marx
or pledje of ami kind.
entire real
'/7»(;
Directors.
—The annual meeting of tho stockholders of the Knickerbocker Trust Co. was held Tliurs<lay at its main ofHoe. 8M
1>IBECT0R8 CF THE AMERICAN COTTON OIL COMPANY Fifth Avenue, and the following dirt-ctois elected : Joseph &.
Auerbach, Harry B. Ilollins, Jacob Hays, Charles T. Barner,
NOVEMBER fS, 189 1.
Adams. Edward D.Ncw Yorlc City. Ilobart, Garret A..P»tcrsoD. N. J A. Foster Higgins, Robirt G. Kemsen, Henry VV. T. diali,
AldiR«, Jnle.H
Now Orleans, La. Inman, Jolin H
New York City, Andrew H. Sands, James H. Bi-eslin. Gen. George J. Magee,
niinlett, Jolm R. ..\cw York City. LcUiuau, Ma.ver
New York City. I. Townsend Burden, John S. Tilnev, E. V. Loew, Henry F.
Cbuncy.TUoraas K.N'cw York City. Masuu, Alt. Bishop. New York City.
Kwiii, W A. ;
.vcw YorkCltv. Morrisou, Georg't A Now York City. Dimock, John P. Towiisend. Charles F. Watson. David H.
King. Jr., Frederick O. Bourn.-, Robert Miclav. WalK-r StaaFairhaiik, N. K
CLieago. 111. UrquUart, E
Little Ruck. Ark.
Kleld, Walter H..Cmiiiinatl, Ohio,
Wilsoo, K. T
New York City. ton, C. Lawrence Perkins, Edward \Vo<id. Wm. H. BcadJof
(rank, M
Atlanta, Ga.
ton.
The following statement of the condition of the comEXECUTIVE OFFICERS OF THE AMERICAN COTTON OIL pany at the close of itd fi.scal year on the 31st of 0--tob<r
COMPANY, NOVEMBER 5, 1891.
submitted: ToUl resources, $1.812.493 liabiliiK~<. $1,4»7,4U ;
I'hnirman of the Board of Direelori
Edward D. Adam9. surplus, $825,082, which sho^vs an increase in surplus of $W,(Edward U. AdumR, hairmau 832 net over the previous Tear. During the ye.ir tliec7n)p:inr
Finance Committee
^George Austin Moirison,
aldo paid a semi-annual dividend ot 8 per cent on its capital.
(Mayer Lehman.
^
President
John R. Bartlett
srnmd Yice-hresident and General Manager
Arrangements have been ra.ide with M --isrs. Speyer
Thomas R. Chaney.
-"iriaru and Auihlor
.Mn ro. Co. for exteuding the California & Oregon 6 |i.-r crnt. bonds
Rohert
r.a^urer
Ju.«tusE. Ralph. maturing' January 1, 181)3.
There will be cam-cMvl by tbe
*•)«< CMtmel
SulUvan & Cromwell, 45 WaU8t,N. Y. City.
linking fund 91.r>()0,U<iU, leaving ft.8'>8,0.)0 to t-.e extended to
January 1, 1918. the boniU to bpur |x>r cent iiitercHt. HoldDepartmental and Local Representatives.
ers who wish to avail themselves of the privilege of extensioD
are requested to present their txudu before tiK- 13:h iiist. at
MILL SUPEEVrSORS.
theotliceof Messrs. S()eyfr & Co., in this city, or at their
ABKAKSAS DISTRICT.
houses in London and Amsterdam.
W.H.
.
w^
;
<
—
A
!•'
.'>
WriKht
it.
Frank
James H. Winsbip
Headquarters at Uttle Bock. Ark.
ATLANTIC COAST DIBTBICT.
Headquarters at Atlanta, Oa.
LOUISIANA DISTRICT.
Hca.lquarter8a(NewOrleJU8,I<aMlSSISSiri'I DISTRICT.
John A. Lowla
Headquarters at Meridian,
'
W. MJteoD
MiM
TERNESSKB OI8TKICT.
Headquarters at UompLlj>,TeBn
.«...T....
— Messrs.
&
Bjring, M.igoun
Co. offer for s de a-id recomto investors a limited amount of the ext<-n'lc>d guarantee
fund 6 per cent noii-M of t'l.' Aic'ii^)!! Toj) ka \ s.iu :'• UJl.
Co., due Nov. 1, 1H93.
TIk-m- i.utes ar«- u hr.-l lien tipiin 4*10
mil>-» of tne bi-st part of the roa I anl are b>-si \>* >c iii.-<t Iqr
an e()uiil amount uf g-<> eral
>rtgage I p r cc ii ixi .d »f
cump'inv deporili d with the Union Trust Co. tor llif purpoas
of retiring the»e Bjtfs at maturity.
mend
m
•
tm
THE CHRONICLE.
e^d
Friday. P. M.. November 6, 1891,
indicated by our reiegrams
from the South to-night, is given below. For the week ending
this evening the total receiota have reached 341,697 bales,
against 850,489 bales last week and 380.121 bales the previous
week, making the total receipts since the 1st of Sept., 1891,
Thk Movement of thb Crop, as
1891.
6,
LIIl.
COTTON.
OPommjemal gimcs.
COMMERCIAL EPITOME.
ghie
Friday NiaHT, Nov.
fVoi.
The week has been a fairly active one in mercantile
3,488,079 bales, against 3.401,833 bales for the same neriod of
notwithstanding the interruption of the election holiday. The 1890, showing an increase since Sept. 1, 1891, of 86,346 bales
at
imscale
export of breadstuffs has been on a very liberal
Receiptiat—
Hon.
Sal.
Tues.
Wed.
TKura.
Fri.
Total.
proving prices, large orders being executed daily for wheat,
Salveston
10,458
10,953
reported
6,539
9,873
9,288
was
6,883
Brazil
53,984
com, rye and oats. A political crisis in
£lFaso, ihc...
1,028
1,628
and caused a flurry in coffee. Cotton declined under free re- New Orleans... 37,811 18,075 25,369 13,367 14,571' 13.402 113.195
The
crop.
current
the
for
ceipts and increased estimates
MobUe
2,687 6,394 2,404 1,973 1,325 2.721 16,384
274
35
weather has been variable, snow having fallen in middle lati- Florida
309
Savannah
7,«79 13,383 6,500 6,260 7,002 5.489 46,313
tudes.
10,984 10,984
Brunsw'k, Ac
The following is a comparative statement of stocks of leadCharleston
3,348 7,811 6,749 5,583 3,467
321 32,281
given
dates
at
merchandise
of
ing articles
82
83
Port Royal.iJbo
circles,
I
I
I
:
,
:
bbU.
Pork
JmiA
tOB.
Imag.
Tobacco, domestlo
Tobacco, foreign
Coffee, Rio
Coffee, other
Coffee, Java, iSu)
bales.
bags.
bags.
mate.
bhds.
boxes.
bags, Ac.
hbds.
Sugar
Bugar
Bngar
Melado
Molasses, foreign
Molasses, domestic
hlids.
bbls.
No.
Hides
Cotton
Bosln
Spirits torpen tine
Tar
Elce, E. I
Rloe, domestic
Linseed
Saltpetre
Jntebutta
Manila bemp
Sisal
-
hemp
Flour
bbls.
and
1891.
1891.
Ifov. 1.
Oct. I.
18,167
42,264
20,613
35,051
204,557
21,010
45,502
65
None.
409.251
None.
779
bales.
bbls.
bbls.
bbls.
196,296
19,559
bags.
pkgs.
25,000
1.200
None.
17,000
51,000
507
7,650
159.V0O
nags.
bags.
bales.
bales.
bales.
sacks.
16,585
34,857
19,978
42,464
216,242
17,603
43,830
18.808
52,691
2i,94»
33,377
160,917
36.0M6
33,700
792
.<A0
101,916
None.
125
3,200
371.100
49,872
16,180
1.321
390
15,500
401.400
159.897
25,998
1,698
868
775
503
26,000
900
None.
19.800
50,500
20,825
4,300
None.
15.300
70.007
4,700
2,900
267.150
2,707
11,590
13 '1,970
Lard on the spot has met with a moderate demand and
grain markets.
DAII.T otrOsnio PRioBS
Sal.
o.
Jaiuary delivery
February delivery
March deUvtry
o.
o.
c
6-31
6-42
Tuet.
Wed.
6-45
6-63
6 72
6-82
.
6 55
645
657
«
?
6.63
6-67
a
N'wp'tN's.Ao.
216
Boston
Baltimore
mess.
Tallow
is
active at 45^c.
1,563
1,566
6,863
3,200
4,124
4,474
5,510
1,164
425
1,137
363
417
435
1,673
287
636
398
608
228
Phlladelph'a.Ao
1,455
5,252
704
9,300
1,156
136
138
5,670
1,925
1,393
31,610
14,784
1,614
1,759
5.596
534
1,343
1,026
1,307
461
813
1,594
3,144
Totals this weak 65,867 66,736 61.446 47,031 45.402 57,215 344,697
For comparison we give the following table showing tho
week's total receipts, the total since September 1, 1891, and
the stock to-night, compared with last year.
Not.
Thur.
6-40
6-58
6-68
6-78
F^i
6-42
6-61
Wash'tn.Ao
Norfolk
New York...
Boston
Baltimore.
6 81
Phll'del'a.dco
..
Totals
Tliit
Stock.
Sine* Sep.
1, 1890.
1891
1890
472,331
2,314
130,966
117,765
.574,242
316,210
31,548
188,660
10,533
H5,660
12,018
141,692
119,937
7,000
63,314
30,033
31,430
72,072
34,038
3,391
309.142
18.000
16,990
6,650
45,204
344,697 2,483.0791 300,366 2,401,833 1,173,00*!
643,888-
1,
aklveston... 53,984
ElPaso.&o.
1,628
New Orleans. 113,195
16,384
Mobile.
Florida
309
Savannah. .. 46,313
Bruns.,&o. 10,984
Charleston .. 31,231
82
P. Royal.io
9,800
Wilmington
6'7I
Cheese in better demand
Sitiee Sep.
This
Week.
6.
1890.
1891.
Beeeipti to
Pork has been quite active on the basis of $t0'2a@10'75 for
new
1,992
New York
West Point.
NwptN.,Ao
or laxd fctukes.
Uon.
6-30
West Point...
5,191
3,327
l,37iJ
closes steady at 6c. for city, 6'45rd6'4T3^c. for prime Western
and 6'60(a: 6'80c. for refined for the Continent, which prices
show a partial advance. The speculation in lard for future
delivery has been dull. Yesterday, there was some depressson, caused by selling for account of Western packers, but
to-day there was a firmer feeling in sympathy with the dearer
December delivery
1,568
None
Noup.
628,576
None.
11. .500
2.10,900
Wilmington...
WaSb'gton,Ac
Norfolk
1890.
Nov. 1.
136
31,610
14,784
1,614
1,759
5,596
1,594
3,141
1891.
Week.
476,373 52,033
484
10,827
704,915 80,701
114.283 17,580
5,742
403
474.980 49,786
62,291 10,948
331,537 30,320
453
78
73,453
9,836
483
209
178,683 29,509
111,026 18,503
3,715
1,684
3,332
2,268
15,490
2,463
3,615
1,326
2,225
14,535
107,873
21,163
464,672
63,183
208,668
103
106,555
492
231,291
111,839
7,005
6,181
5,361
3,601
7,537
876
52,859
14,000
9,839
4,390
and firmer at 83^(0 10c for State factories, full cream.
In order that comparison may be made with other years, we
Coffee on the spot has been active at a further advance in gfire below the totals at leading ports for six seasons.
rices.
Rio is quoted at 1S}4® 13%c. for No. 7. Mild grades
E
1888.
1887.
1891.
1889.
1886.
1890.
ave also met with a good demand at better rates; good Receipts at—
Cucuta is quoted at 19Jic. The speculation in Eio options has Gl»lv'Hton,Ao 55,612 53.517 44,557 36,830 45,044
34,091
been unsettled and prices show considerable irregtdarity. New Orleans 113,195
78,207
97,093
80.701 103,374
87,870
There was a sharp advance in the near-by deliveries on the
17,580
10,822
9,398
12,052
Mobile
16,384
9,087
political troubles in Brazil; then there was a decline in the
60,817
Savannah. ..
46,313
49,786
49,128
44,459
44,413
distant months on increased estimates of the growing Santos
30,407
17,186
Charl'st'n.Ac
32,363
20,398
32,587
19,041
crop; and to-day there was a slight general decline in conse11,360
Wilm'gt'n,&o
9,436
10,045
9,688
8,858
8,051
quence of more favorable political advices.
The close was Norfolk
26,032
31,610
29,309
25,829
30,364
34,680
steady, with sellers as follows: November, 18-OOc.; December,
35,186
W't Point, &o
16,398
20,187
20,633
31,864
18,8 IS
11-750.; January, 11 -SOc.; February, 11 -350.; March, 11 -S.ic
23,386
19,613
13,467
11,698
6,928
17,723
April, 11-25C.; May, ll-30o.; June, ll-lSc; July, 10-90c!' ill others
showing irregular fluctuations.
rot. this week 344,687 300.366 300,135 272.091 301.600 273.550
'•
I!
'
Raw
sugars are slightly higher, but the trading has been
quiet, closing at 3c, for fair refining muscovado and 3%c for
centrifugals of 96 deg. test.
Refined sugars have been airly
active and close firm; crushed is quoted at 5 5Uc. and
granulated at 4 1-I6(a4 3-16c. At the tea sale on Wednesday
the offerings were reduced but prices were a trifle easier.
Kentucky tobacco has been quiet, but prices are well maintained. Seed leaf continues to have a pretty free movement
and sales for the week are 2,182 oases, including 1,282 cases
1890 crop, Wisconsin Havana, 13^15c.; 200 cases 1890 crop
Pennsylvania seed, 13,dil5c., &c., &c.
On the Metal Exchange, business was very dull to-day and
prices were quite nominal. Straits tin was quoted at
19-80c
on the spot and 19-8.5c. for January, showing some depression
Ingot copper has declined to ll-40c. for Lake on the
spot and
domestic lead is again lower at 4 -050. The interior iron
markets
continue quite dull and irregular; sales have been
made at
sUghtly lower prices, causing a very unsettled closing.
Refined petroleum is quoted at 6-35c. in bbls.,
780c in cases
i
r.
and3-85c. in bulk; naphtha, 5-75c.; crude in bbls.
5-55c. and
are partially lower than last
^oil'^r^
i^-petroleum
P]"^ prices
week.
Crude
certificates sold to-dav at 57^" 58o
closing at 57>^c. Spirits of turpentine has
"declinea under
•'"' «lo8«s fairly active and steady
at
?«/«o2;''^|,''''.™"^«'|'
85>i(a36c. Rosins are firmer at |1 35® 1 40 for strained.
Wool
haa a slow gale. Hops in good demand.
..
Since rtept.l. 2488.079 2401,833 2225.211 1829 740 3340,345 1889,016
The exports for the week ending this evening reach a total
of 231,319 bales, of which 143,843 were to Great Britain, 32,196
Below are
to France and 66,830 to the rest of the Continent.
tba exports for the week, and since September 1, 1891,
IFeik Ending Nov.
Oreat
OonttBrU'n. France nent.
QalTeston
31,4311
Nsw
Orleans..
34,763
Mob. & Penc'la
SaTaunah
Brunswick
11,709
Charleston....
6,610
Wilmington...
Norfolk
4.186
18,414
6,209
Point...
14,85*
6,981
N'portNwB,4«
New York
18,705
West
6,000
1,707
19,672
8,676
6,078
6,900
4,460
Ptailadelp'a,&e
1.
'
1«»1, to JVou. 6, 1801
Exported to—
Total
Oreat
Week. Britain. France
41,805
62,91*
S5,S73
11,709
11.285
8,078
20,553
11,4
U
308,828
198.720
3,870
62,087
29,378
40,501
24,100
28.070
13.303
Oonttn«nt.
Tola.
261,10»
87,776
87,62S
77.668
10,020
78.462
18t,.i0»
31.338
17.498
6,900
1,460
89,378
71.921
41,598
36.370
17,7«»
26,953
3,400
364.161
3.870
1
j
f
1,2S6
4.636
9,788
Baltimore
Sept.
mxported to—
Bxporti
from—
JVom
8.
Jivi
3.897
350
8,653
2»,676
9,762
6,800
618
618
UZ.SIS 23,198 66,680 131.219
Total, 1890.... 107.848
40.804
76.'i8^'S2».030
136,046
42.826
19.965
4,134
9,686
46,442
450
2,200
86,737
800
198,174
41.076
47,908
1,*3«
1
1
;
,
807,668 140.034
809.886 1.257.668
8B1.S23 133 406
4«5.»4i 1.47s 071!
!
November
THE CHRONICLR
1891,)
7,
In addition to above exports, our telegrams to-night alao
giye us the following amounts of cotton on shipboard, not
add similar flgurea for
cleared, at the ports named.
Pfew York, which are prepared for our special use by MeMn.
We
Oarey, Yale
&
Lambert,
On Shipboard,
Qalveston
32,436
93,815
Savannah
<t,100
.. ..
i>ort8
20,000
8,000
27.300
5.000
25,000
Total 1800... 113,005
Total 1889...
97,214
The speculation
CoastWitt.
20,112
None.
3,500
35,709
6,070
22.000
93,738
66.IH4
35.900
.Vone.
2.i,000
9,481
7,023
3,900
1,500
None.
None.
None.
7,000
5.S0O
21,000
None.
None.
None.
8.000
41,300
11,350
40,000
21,162 122,585 24,904
349,303
823,703
89,950
82,485
249,686
238,812
394.200
436.V93
1
'
!
550
None.
Total 1891... 177,651
>'i>
29,240
32,165
1
1
I
?r^«
222.472
«l»,052
t
130,160
99,193
23,943
30,772
46,.500
7,000
21,591
26.948
Sloek
total.
i::3
197.7!)2
*SS I*-"'
54,719
some of Ellison's figures led
under which part of the advance was
of
to
selling
l«
lost.
1 •.0":
A^Oa
OOxSoD
ODOOOQO
ODQO
OCOO
ODOO
opop
XOOOOO
CO"-**
T*.«:
10
(KXOOD
opopooo
>i(i*hi
l«>i*hi
KWM" MM^-"
!•.••:
o>
<BODe«
i©*©
I
^
QOOD
M»-
2
I
ordinary
f lb.
Ordinary
Good Ordinary
Strict Good Ordinary
LowMiddlins;
6
Strict
Low
515,8
6'ie
6»3
7>4
Strict
?!•«
She
Middllufir
Mlddlin?
838
8>'i6
Good .Middling
StrictGood Middling
Middling Fair
8l5i,
Fair....;
9^8
y
linary
Low
.Middling
>ldlin?
:.
id
7»8
7«i,
§^«
8»,6
8%
9%
9%
.Middiing
lictUcio^l .Middling
I'lllng
e\
6l3i«
7lli«
8
838
818
813,6
:
638
63i
7»8
7l»i^
638
^\
lb.
Ordinary
*'hI Ordinary
let Good Ordinary
w.Middliue
97n
9iai.
moniTnes Wed
Sat.
"let
ric-t
8»8
8'8
9'i«
91<i«
9^
GULP.
7'8
818
85,«
8»9
8^8
7'9
8>«
71*18
84t
ikA
I
9l»l« 9^
10>,. 10'4
Fair
ilr
STAINED.
w .Middling
idling
POT MARKET
CLOSBD.
Saturday Quiet and easy.
Quiet at 1,6 dec.
2531
....
1
iiiir--^<l;iy
133;
112;
49,
....
1,123
1,6 dec.
fTiday...
,
•
;[
Total...
....
....
....
....1
•"•
....1
I
I
2
"
»
:
133
112
49
117.400
97.800
147.500
1.123
993.800
2
cicii
©OSIO"*
».*:
I
«.*
cD,c
-ix_
2
•<
'
ftv
I
A
I*
*
2
*•
SI©
©X
•.»:
I
2
**
•.«:
-
XX ^
2
-1-J
*«
•-";
M
xxox
I
xxf
*jab^ab
X
xob
aw:
«
<
2
=?*
ox
M CB«*a
^^ >
XX <
cox •
©O t
».»«:
^
xxox
<e-i*«
M^ 10
XX ^
1^
^
"^
:
I
>
<
ciii
2
•I©
I
I
I
o
XX 5
^co
XCO
xu
x»
«
CO
xxox
I
I
•
2
^
•.»:
opop
^
i^x
2
•
X©
I
•.':
-J
xxcto
ce6*6
M
©«*
ex
6*
toco
I
^
2
^
».»:
Ktoex oe
c66*«> ii
X MO
xS
»<>^
I
xob
obob"=oi)
IvCO
^-^
I
S
V
xxox
xx^*
xxoo
X X
X
«0C0 c>
a.«>;
»r:
X
a
x;co^ xxocD
«©'=
ob,i
66°o»
i~ab
i <66*o
I
n
xxSx
2
*.•:
CO
a*"
opop
coco
•JCO
(CM
.
I
xxox xxox
ciw*!" ^«*»
MCO
q5» ^
XX
M*
1*^
••
57,400
132,700
ob
01
>
I
576
253
c>>rf^
ts.,
I
,
Saleto/
.4
<Lc>©»
©w O
XX ^
I
1
6
Futuret.
COi L« CO
GpOp
^
xxox
xxox
2
opoo
obtD
.
».»:
^
ccce
oboe
I
I
apxox
•<
Ms X ox xx^x xx^x
ob
*a'
_
'x eoco^cp coco 6«CO
xcw
00
^x
I
Holt day.
o*:
xob
kO^
I
Total.
••:
©CK
MCO
6.«":
-j^
xco
•»
xob
MCO
SALES.
....
I
«.":
X
6
.
Quiet
Quiet at
XX ^
»»
2
MCO ^
I
538
6'9
e-'s
7H,«I 713
....
....
_
fc.
5
OCCD
o
06
XXQX XXOX XX^X
'b.
7^8
576
,
«.w:
xob
61J?,
1
<
_
2
<
9»
^
*.«;
«3X
9
SI"
Con- Spee- Trantump. [uPi'n tit.
XX
*3X
I
7'',«
7^9
porl.
xcx xxox
2
811,^
SALES OF SPOT ASD TBAKSrT.
2
ax
^^
HoU61»„ day.
Sx-
M
».":
QCQOOOD
»co
K
o
f
o
W.-^:
lii"
8»,6
8'3,«
938
93»
days.
%-
tra>
cox
9
I
CO
xxox
The total sales of cotton on the soot and for future delivery
nih day during the week are indicated in the following
itement. For the convenience of the reader we also add
column which shows at a glance how the market closed on
irae
a
ifc
7
MARKET AND
8.»:
coS
7'8
8I4
SHi
811,6
^
0000
coco
2
OOC^H*"*
00O«
^^i.
xxox
7lS|e
dim
I
I
XX ^ XX
xx
2 Or»St9
I
^
0000
^
coco
2
c^aa.-''
M
^
2
.OH'"'
73,,
6'16
611.6
538
5H>
6>8
<$ lb.
^
2
-'i-i
0D~
Si.
9'3,. 9'3|8
103|» 103.
non Taes Wed
Sat.
Ordinary
not Good Ordinary
"id
2
"^
•.*•:
OD
1
--
9%
9%
TH. Fri
7«,«
7'8
8I4
SJs
^
I
ac00C'3B
CDXSOD
X
xxox
^8 xxox xxox
'a ax *d
cox t^ >-«>
718
77,6
611,
XX
»e^
uco
5''8
6»,e
CO
MO*"'
03
nijii
5
0000
w
030)
<**ci
toot
2
0000
«.>*:
0000
*i)i
1
2
-
an
0C'<]pOX
X
xxox
Frl.
5'8
614
7>8
7'l6
7ISi„
8li«
814
8»,«
813,6
I
9f:
e
QDODQaD
•."•:
aooooo
t^A.9^
9I4
9»,«
9^8
IOI4
95,6
I
S
2
UM
-
5
2
(KOO
—
W^ed Tb.
©_
opap
coco
were to arrive. The following are the oflSclal quotations for
each day of the past week October 31 to November 6.
noa Tnea
2
0000
».'«;
QOacQOp
OC'XOOD
:
-I
»0J
^
0000
t«to
*•
—
Sat.
^
i
AA
2
o> #>>-•"'
There was some
gentlemen who had recently traveled through the cotton region. On Thursday an irregular but generally stronger opening, from no apparent cause, was followed by a sharp decline
under a moderate selling movement to realize profits, many
of the bulls showing a loss of confidence.
To-day the marke*
was greatly depressed by the full crop movement an d the de"
clica in the Liverpool market, but at the decline the speculaion was more active and the close steady. Cotton on the spot
declined l-16c. on Monday and again on Thursday without
attracting attention from buyers. The market was dull and
weak at 8)^c. for middling uplands.
The total sales for forward delivery for the week are 553,800
bales.
For immediate delivery the total sales foot up this week
1,123 bales, including
for export, 1,123 for consumption,
bales
for speculation, and
in transit. Of the above
UPLANDS.
».»:
w.^v^
I
•
I
-•
ODODOOp
•itKO'i
22
r*ja:
«.>*:
I
S'A9(A
I
—
1
I
«»:
inclination to increase crop estimates, the effect of private letters from various parts of the South and the reports made by
——
i__
I*;
I
I
realize
to
2_
1
marke^
in cotton for future delivery at this
i4«'
M
O
opened the week under review at declining prices, not w^t'i'
standing the low figures to which values had alreeidy receded'
The weakness of the market was due mainly to the large reThese continued in excess of estimates,
ceipts at the ports.
and their influence was supplemented by declines in the for'
eign and Southern markets. On Wednesday a firmer Liver'
pool market and the announcement of some figures from Elli
son's annual circular caused the pretty smart recovery
of 10^13 points; but a disposition to dispute the accuracy
I
thowo hj lb*
Leaving
New Orleans...
Other
arc
not eUanA—for
Other
'«'«««• Fortifpi
Britain.
New York
Tan SALK8 AND Priou or FOTURU
(ullowlnK comprehenaire table:
Beaver Street.
'ii
yo». 6 al—
Charlaaton
Uobile
Norfolk
681
I
I
I
I
3
"<
I
:
!•
I
I
I
I
•:
:
I
©CO M
Inolndes sales in September, 1891, for SepteTiber. 19,6)0.
week:
The following exchanges have been made during the.-^
•07 p<L to exoh.
1 1 pd. to
•10 pd. to
1 2 pd. to
29 pd. to
•12 pd. to
exeh.
exoh.
exoh.
exoh.
exoh.
200 Sov. for Doo
6O0 Ivc. for Ji«u.
Doc
for Jiin.
100 Doo. for Jan.
1.000 Vov. for Feb
900 Jan. for Kcb.
3')0
- pi.
for Uaa.
to exch. 'JiW Jan.
15
lid. to cich. 10 > Dbc for fm.
36 pi. to fxcti. 900 Jan. for Apr.
•06 p.1. to exoh. 100 July for kag.
J4
•no pd. toexch. l.OOO Ian. for.Vu«.
.OJ i>d. to exoh. 100 May tor Ja^.
The Visible Supply of Uotton to-night, as made a br cable
ireU •»
and telegraph, is as follows. The Continental stocks, as
weok s retarne,
those for Great Britain and the afloat are thU
dowm
and coneequently all the European fiRures are broURhl
But to make the toUU the complete
CO Thursday evening.
of exporta froia
flKures for to-night (Nov. 6), we add the item
only.
United Statee. including in it the export* of Jriday
the
THE (HRONECLE.
682
1891.
SSSS
aJ iiirn°°V.-r.?.^!!! :
Bocka
_::»
Antwero
Btock at Havre
Bi^cli at
.
II
..
Btock at Marseilles
.
BtockltBSnl:;;;;.;:::::
Rtnrlr at
R "ioa
.
Btock StTdesw:::::."..
.::::::
Total CoBtlnental stocks
1888.
_« j;^ ^»
57:000
2,000
62:000
16,000
BrlZen.*:::::::::::::
stock at Amsterdam
Stock at Rotterdam
1889.
1890.
is.ooo
4,000
8,4oo
3,000
300
ouO
300
10 000
3 000
34:000
7,000
27:000
20,000
0,000
4,000
90,000
2,00C
30,000
4,000
5,000
345,100
209,500
168,900
145,500
Boston
438,500
Baltimore...
Philadelphia
Jo.OOO
460,000
22,000
669,807
2o9.174
4 0,498
3,427,757 2,551,701 2,347,375 1,914,979
Of the above, the totals of American andother descriptions are as follows:
A merican—
535,000
219,000
695.000
bales.
A.-nerlcan afloat for Europe...
1,173,001
Calted States stock
373,630
30,023
CultedSt.atesinteriorstooks..
United States exports to-day.
Total American
M ul Indian, BrazU,
Uverpool stock
Londonstock
335,000
103,000
660,000
643,886
281,451
47,864
29'),000
98.000
672,000
675,505
238,838
2i,l32
187.000
62,000
4ri0,000
669.807
259,174
40,198
3,025,657 2,061,2012,007,473 1,678.479
<te.—
139,000
9.000
126,100
33,000
65,000
OoBtlnental stocks
India afloat tor Europe
Egypt, Braill, Ac, afloat
Total East India, Ac
272,000
31.000
106,300
31,000
50,000
172,000
18,000
70,900
39,000
40,000
99,000
7,000
83.300
23,000
22,000
402.100 490,500 339,900 236,500
3,033,657 2,061,201 2,007,475 1,678,479
Total American
Total visible supply
Price Mid. Upl., Liverpool
Price Mid. Upl., New York
Satur.
5,000
100,000
3,000
27,000
5,000
5,000
TotalEuropeanstooks.... ra>8.100
33,000
695,000
65,000
EKTpt,Brazil,&c.,afltforE'rV
Btock In United States ports.. 1,173,004
Bock In U.S. Interior towns.. 373,630
30,023
Oalted States exports to-day.
Liverpool stock
Continental stocks
Ifov. 6.
200
Amer.cotfnanoatforEurope.
3,427,757 2,531,701 2,347,375 1,914.979
Jalveston
'few Orleans
713^6
8
MobUe
Savannah
7 '8
Sorfolk
7''8
713,9
8
Louis....
Olnclnuati..
8
Louisville.
8%
.
711,6
7'8
7'iie
7'8
713,8
7%
7h
7%
71a
71a
788
7=8
71a
786
7»8
758
814
81a
858
7S8
7\
7%
7i58
8
8
8I4
8>8
8%
7%
8U,8
8^,8
81s
811,8
7%
7l",«
7'»1B
7%
7^=,8
715,,
7ii',e
Receipts
7^8
7'e
81s
8I9
8i8
important
at other
7^
7%
Newberry
Nashville
Selma
71%
Natchez
711,8
Shreveport
73ls
.
7%
Columbus, Miss
Eafaula
7"l8
716,8
8I4
8ie
SH
"8^'
7=8
.
7ia
7ia»%'|
Riilelgh
From the Plantations.—The
following table
Indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a statement of the weekly
aiovement from the plantations of that part of the crop which
ftnally reaches the market through the outports.
Week
RecHpti at the Ports.
Bndxnff—
••
••
lOc.
"
1889.
2
9
16
23
Oct.
"
5%1.
30.
...
1890.
at Interior Totuns. Rec^pts from Plant'nt,
St'fc
1891.
1889.
1890.
1889.
1891.
I
1890.
1891.
I
245,374 248,938 2.30,968 87,742 87,879| 142,248
273,809 298.119 299,361 124.515 107,1125 191,133
304,501 311,313 375,820 158.925 148,872 268,12
320.578 813,451 880,121 178.013 in4,987 310,863
308,215 343,188 360,481 201,929 244.706 335,347
286,260 271,464 265,001
|
310,412'316,10:,'348,251
as compared with 1888.
At thb Interior Towns the movement—that is
the receipts
for the
for the
in the
and since September 1, the shipments
week and the stocks to-night, and the same items
corresponding period of 1890— is set out in detail
—
the plantations since September 1, 1891, are 2,805,780 bales; in
1890 were 2,604,714 bales; in 1889 were 2,449,490 bales.
2.
That, although the receipts at the outports the past week
were 344,697 bales, the actual movement from plantations was
883,983 bales, the balance going to increase the stocks at
the interior towns. Last year the receipts from the plantations
tor the same week were 337,111 bales and for 1889 they were
387.044 bales.
—
Overland Movement for the Week and since Sept. 1.—
statement showing the overland movement
for the week and since September 1. As the returns reach us
We give below a
1890.
1891.
November
6.
Since
TTcefc.
10
Via
Via
Via
Via
Via
Via
» <i o. M ai M en p tt » u o-waoxo.BiSEwowaaltSiS
Louis
Cairo
EvansTille
Louisvillc
&o
•
-
•
-
'
i
-
..^
.T*^. j^i^ j*"^
•i'
85,248
Deduct shipments—
Overland to N. Y., Boston, &c..
" w " to a <i o at
Between
interior
towns
Since
SejU.
21,926
13,523
1,420
1.
82,288
61,618
17,931
693
12.560
7,731
12,142
394,416' 69.998
277,1»
8,287
4,208
2,969
25,170
17,286
22,740
12,093
5,073
3,659
Inland, &c., from South
Week.
1.
136,720
73,060
51,442
2,736
48,129
34,951
45,378
7,109
Total gross overland
oo»w*-tctoo:<i
•
Sept.
32,986
16,614
8,033
1,173
11,980
7,351
St.
Hannibal
Cinciunati
Via other routes,
v-,^
37,472
19,391
33,079
05 Sf
*
Total to be deducted
20,825
S9,942J 15,404
65,198
Leaving total net overland*..
64,421
304,47l! 54,634
211,964
Including movement by
Canada.
rail to
The foregoing shows that the week's net overland movement
year has been 64,431 bales, ag.ainst 54,534 bales for the same
1890, and that for the season to date the aggregate net
overland exhibits an increase over a year ago of 93,510 bales.
this
Ssj
*^
MM
l«
0« -*«>
K
fc
I
S£WccccMy»cj
• I^ulsvlllc
1
Ci jO
ilKures " net " in
This year's
flfriire.s
'
341,6e6[359,74(l 432,857
332,131302.927 374,978
by telegraph late Friday night it is impossible to enter so
largely into detail as in our regular monthly report, but all
the principal matters of interest are given.
This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending Nov. 6
and since Sept. 1 in the last two years are as follows:
e>;g K.
i
336,88r352,0ea 442,8U
week have been Nov «
800,1.35 300.386 344,697 238.838 281,461 373,630 337,044 '337,111 382.980
The above statement shows: 1. That the total receipts from
figures indicate an increase in the cotton in sight
to-night of 876,058 bales as compared with the same date
of 1890, an increase of 1.080,403 bales as compared with the
•orresponding date of 1889 and an increase of 1,512,7(8 bales
week in
.1
lakings.
both ^
vears
estimated
Southern consumption to Nov.
Week.
6.,
Total marketed
Interior stocks In excess
Since
Sept.
1.
Sept.
1.
344,697 2,438.079 300,36n 2,401,8331
304,474' 54,534 21l,»ti4j
64,421
14,000
123,000, 13,000, 112,000!
Came Into sight during week 461,401
It will
Sinei
Week.
423,118 2,915,533 367,900 2,723,797!
38,283 317,701, 36,745 2C!«,881|
Total in sight Nov. 6
North' u spinners tak'gs to Nov.
J
1890.
1891.
In Sight mid Spinnerf
Receipts at ports to Nov. 6
Net overland to Nov. 6
W <r|5|o 1^ « M M
{
1
Fri.
7%
83,6
814
The closing quotations to-day (Friday)
5^d.
following statement.
....
Thurs.
71s
7=8
7»8
Southern markets were as follows:
AtJanta
7ia Little Rock ....
Columbus, Qa.
7% Montgomery
1014C.
foe the week,
7%
7%
8%
8I4
8\
7%
8%
8^
Memphis
5%d.
ports this
7^8
8I4
jt.
9is8C.
The above
7 '8
'
ON—
Wednes.
7%
7 '8
7%
713,8
7%
79i
Augusta
Tues.
Ifon.
7=8
.
WUmlngton
S'iic.
CT" The imports into Continental
.
Charleston.
4»,«d.
68,000 bales.
CLOSING QUOTATIONS FOR MIDDLISO COTTON
Week ending
3,000
113,000
IndlacottonalfoatforEiirope.
Total visible supply
—
300
653,900
39,000
672,000
40,000
675,505
238,838
2 8,132
Lm.
QaOTATIONS FOR MIDDLING COTTON AT OTHER MARKETS.
Below we give closing quotations of middling cotton at Southem and other principal cotton markets for each day of the week:
6,000
179,000
837,500
31,000
660,000
50,000
643,886
281,451
47,864
fVoL.
404,645
.;2,Oil2,67S
3,233,254
6.
537,05C
5S2,.538
be seen by the above that there has
come
into sight
during the week 461,401 bales, against 404,645 bales fur thei
same week of 1890, and that the increase in amiunt iu sight
to-night as compared with la'it year is 340,576 bales
|
'
NOVKMBKR
THE CHRONICLE
7, 1891.J
Weatitkr Reports by Tklkoraph.— ReporU to uh by telegraph tliit: evening indicate that tlie weather ha» in general
been favorable during the week, and the gathering and marketing of the crop has progressed rapidly.
Oalveston, Texas. It has been showery on two days of the
week, the rainfall reaching fifteen hundredth.) of an inch.
The thermometer has ranged from 46 to 79, and averaged 82.
Rainfall for the month of October one inch and six hundredths.
Palestine, Texas. There has been light rain on one day of
the week to the extent of two hundredths of an inch. Picking is active. Average thermometer 67, highest 86 and lowest
48.
During the month of October the rainfall reached twelve
hundredths of an inch.
Hvntsvillp, Texas. Picking u active.
Dry weather has
prevailed throughout the week.
The thermometer has
averaged 63. the highest lieing 82 and the lowest 44. Rainfall
during the month of October ten hundredths of an incli.
Dallas. Texas. Tlie weather Iws been dry all the week and
picking is active. The thermometer has averaged 64, ranging
from 46 to 82. October rainfall nil.
San Antonio, Texas. We have been without rain all week.
The thermometer has ranged from 54 to 80, averaging 67.
During the month of October the rainfall was sixty hundredths of an inch.
Luling. Texas. The weather has been dry all the week and
picking has progressed well. Average thermometer 66, highest 84 and lowest 48.
During the month of October the rainfall reached one inch and sixty -eight hundredths.
Columbia, Texas. It has been dry all the week. The thermomater has averaged 67, the highest being 82 and the lowest
53.
Rainfall during the month of October forty hundredths
of an inch.
Cuero, Texas. There has been no rain the past week and
picking is active. The thermometer has averaged 69, ranging
from 54 to 84. October rainfall forty-two hundredths of an
—
—
—
—
—
—
—
—
inch.
Brenham, Texas.
—Picking
is
active.
Dry weather has
—
October rainfall nil.
Satxtnnah, (Imrgia.—U has rained on one day of the week.
The thermomeUr liM averaged 90, the highoAt being 79 and
the lowest 41. October rainfall two Inches and forty -«lx hundredths.
Augusta, Oforfffa.— The weather has
—
Ix'cn
pleaMnt daring
the week, with light rain on one day, to the extent of two
hundredths of an inch. Cotton is coming in freely. The
thermometer has averaged 66, ranging from 85 to 81. October rainfall flftv-nine hundredths of an inch.
Charleston, South Carolina.— TUf weather haa been dry all
Tlie therniome'er haa ranged from 48 to 80, aTeraging 60. During the month of October the rainfall reached
four inches and twenty hundredths.
Stateburg, South Carolina.— Yfe have had no rain all the
week, but there have been four froets. Average therm imeter
54-4, highest 77, lowest 86-5.
Rainfall for October one Inch
and twelve hundredths.
H-tZioti, North Carolina.
Rain has fallen on one dry of the
week, the precipitation reaching six hundredths of an inch.
The thermometer haa averaged 51, the highest l>eing 73 and
the lowest 83.
The following statement we have also reoeired by.telegrrapb,
showing the height of the rivers at the pointa itamed at 8
the week.
—
November
j'clock
If
ew Orleans
and November
6, 1891,
NaahvUle
jkreveport
Vloksbars
15DIA Cotton Movkment
snd shipments of cotton at
the week and year, bringing
BOHBAT RECEIPTS AKD
JTot.e.'M
ftei.
JWt
1891 1,000 7,000 8,000
6.000 8,'I00
1890
1889 3,000 6,000 9,000
3.000
13.000
1,000
0-1
11
8-5
1-6
16K
Sept. 1.
Continent.
receipts
for
Seetlplt.
Thtt
Week.
Total.
3.000' 34.OOOI
1,000
1
00
SHIFXRNTS FOR FOrB TEARS.
Oreat
Britain
ContiBrit'H. nent.
B-2
15S
1-2
from all Poets.— The
Total.
Tear Great
31
Bombay have been as follows
the figures down to Nov. 5.
Shipment t tince
8h ipmen Itlhit week.
1888
6. 1890.
irm. », •»!.
Above low-water mark
Above low-water mark.
Above low- water mark.
Above low-water mark.
Above low-water mark.
VCempUs
pre-
vailed throughout the week. The thermometer has ranged
from 56 to 84, averaging 70. October rainfall eight hundredths
of an inch.
Belton, Texas. Telegram not received.
Weatherford, Texas. The weather has been favorable for
picking during the week, no rain having fallen. Tlie thermometer here has averaged 65, the highest being 84 and the
the lowest 46. During the month of Octobe'- the rainfall was
683
Cotumbuii,
i«. (/eoraia.— There hM been do
r»ln dnringMT
week. A vet
erage thermometer 08, bigheet 7-^ and lowest 47.
37.000
Sine*
Sept. 1.
08.000
49,000
52.000
23,000
5.000
11^,000
21,000' 7,000
30,000
7.0001 34.000
43,000 13,000
31,000l 8,000
According to the foregoing Bombay appears to show
a decrease compared with last year in the week's receipts of
nil.
3,000 bales and an increase in the shipments of 3,000 bales, and
New Orleans, Louisiana. —No rain all the week. Th" ther- the shipments since Sept. 1 show an increase of 16,000 bales.
mometer has averaged 68. Rainfall for the month of Octo- The movement at Calcutta, Madras, and other India ports for
ber two inches and thirty-eight hundredths.
the last reported week and since the Ist of Septemlier, for two
Shreveport, Louisiana. There has been only a trace of rain years, has been as follows.
"Other ports'' cover Ceylon,
during the week. The thermometer has ranged fro-n 4S to 83, Tuticorin, Kurrachee and Coconada.
averaging 65. October rainfall, twenty-two hundredths of an
SAipmenU linte Sept. 1.
the week.
—
^^
Shipmenit for
inch.
—
Columbus, Mississippi. The weather has been dry the past
week. Average thermometer 60, highest 80 and lowost 36.
Leland, Mississippi. The weather has been excellent for
picking, no rain having fallen during the week.
Here the
thr^rmometer has averaged 62, highest 86, lowest 39. Rainfall for the month of October one inch and sixty-five hun-
—
dredths.
—We
Little Rock, Arkansas.
had light rain on Sunday
night, but remainder of week has been clear.
The rainfall
reached thirty-one hundredths of an inch. The thermometer
here ranged from 40 to 83, and averaged 58. October rainfall, one inch and thirty hundredths.
Helena, Arkansas.— It has rained lightly on one day of the
week, the rainfall reaching eleven hundredths of an inch. The
Receipts
weather is cooler now, with indications of rain.
falling oflf.
Average thermometer 60. highest 78 and lowest
89.
During the month of October the rainfall reached one
inch and twenty-one hundredths, on three days.
Memphis, Tennessee. Picking and marketing continue to
progress rapidly. There has been light rain on one day of the
week, to the extent of ten hundredths of an inrh. The thermometer has averaged 58'4, the highest being 78 and the lowest 3S-8.
October rainfall two inches and twenty-one hundredths, on three days.
Na.ihville, Tennessee.
We have had rain on or.e day of the
week, the precipitation reaching twelve hundredths of an
inch. The thermometer has averaged 54, ranging from 30 to
74.
Precipitation during the month of Octob -r eighty-four
hundredths of an inch.
Mobile, Alabama. Picking is nearing completion and marketing is active. There has been no rain all the week. The
thermometer has ranged from 48 to 88, averaging 65.
Montgomery, Alabama. The weather continues fine and
picking is uninterrupted. This ha=i been the best picking sea-
—
—
—
—
son in the
memorv
of the oldest inhabitants.
Average ther-
During the month of
October the rainfall reached one hundredth of an inch.
Selma, Alabama. The weather has been fine and clear all
the week. The thermometer has averaged 64, the highest
being 85 and the lowest 46.
Auburn. Alabama. II has rained during the week to the
extent of seven hundredths of an inch. The therraimiter
has averaged 55-6. ranging from 31 to 78.
Madr.fon, Florida.— The weather has beea very dry and we
are needing rain badly. The thermDmeter has ranged from
mometer
63,
highest 83, lowest 44.
Oreat
Oalontts1891...
1890...
44 to
85,
averaging 71
Oreat
Total.
Britain.
1891...
1890...
TolaL
2,000'
2,000
4,000
3.000
1,000
11,000
11,000
5,000
8,000
16.000
19,000
2,000
1,000
2,000
1,000
14.000
21,000
9.000
10,000
23.000
31,000
2,000
1,000
4,000
1,000
27,000
33,000
16.000
20.000
43.000
53.000
1,000
others—
1891
1890
Oontineut.'
2,000
1,000
1,000
1,000
Madnw-
I
All
Total aU1891...
1890...
2,000
The above totals for the week show that the movement from
the ports other than Bombay is 3,000 bales more than the same
week last year. For the whole of India, ther-fore, the total
shipments since September 1, 1891, and for the corresponding
periods of the two previous years, are as follows:
EIPOUTS TO EUROPE FROM ALL [SDIA.
1880.
1890.
1891.
Shipmentt
<o all
Europe
Sine*
Thi*
Keek.
from—
Sinf
Sine*
Sept. I.
Sept
iw<il;.
I.
43.000
37.000
43,000
6,000'
1,000
21,000
83,000
2,000
04 000
12.000
80.000!
7,000
74.000' 11. OOP!
107.000
411 other ports.
Total
Sept. 1.
ThiM
week.
8.000
4.000
Bombay
9.000,
ALEXANDRIA Kkcbipts AND SHIPMENTS.—Through amng^
mente we have made with Messrs. Davies, Benaohift Ca.,M
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 tM
oorreeponding week of the previous two yeara.
AtAramfrfa, Sirypt,
November 4
1891.
Reoelpta (cantars*)
This week
Since Sept.
—
—
Continent.
Brltttin.
260.000
0,000
1,.II
1
A oantar ts 98
I
Thii
week. \Sipl. 1.
.
78.000
I9,000
127.000 114.000 20.000 110.000 18.000
91.000
.
Totol Enrope
l.O5«.000
81.000 13.000
29.000 S.OOO
13.000
7,000
To Liverpool .
To Continent...
~*
104000
100.000
1,817.000
ThU Sinee
week. Sept. 1.
KM*ort« (bales)—
1889.
1800.
ponnds.
THE CHRONK.LE.
684
UU.
fVoL.
Total bales.
the week entog
This statement shows that the receipts for
to all burope
shipments
the
and
cantars
260,000
were
4
Nov.
To Havre, per steamera Baron Douelai>, 5,500 ...Dupuy de
SoawfeU, 5,723
Sapphire, 6,300
Lome, 7,441
27,000 bales.
To Bremen, per steamers Darlington, 6,579
.
to-nignt
Manchester Mahket.—Our report received by cable
yarns ana
from Manchester states that the market is easy for
we
accumulating,
quiet for shirtmgs. Stocks of yarns are
fcr previous
live the prices for to-day below, and leave those
weeks of this and last year for comparison:
1890.
1891.
32» Cop.
Oct. 2
tt
84
A.
d.
m m
7^
«7i»i
731.
9T'a
9
9iaa7
97-'
9
®7'8
»7''8
9
9
®7%
8
" 16 7»n
" 23 738
I" 30 7i«8
Nov. 6 7»«
Cott'n
i6».
Mid.
Vpldl
Shirtings.
d.
d.
d.
8.
5%
4ia®7
415„ 8'ie®8lii. 6 4isa7
8''i«®8ni, 6 41337
8% asos
2
97
®7
37
*7
d.
d.
d.
8.
84
Mid. 32« Oop.
Twist.
Vplds
lbs.
Shirtings.
Twist.
(1.
OoWn
l»s
l"*
l>a
6
87,6381116 6
44|
6
458
49l6 8Ti6a8l!i« 6
Ola
53i
5%
5lli6
59,6
538
419317
412817
41437
Cotton Consxbiption and Overland Movement to Nov. 1.
our editorial columns to-day will be found our usual
Overland Movement report brought down to November 1.
Ellison's Annual Cotton Review foe the Season of
1890-91.—In our editorial columns will be found an article in
which we give the figures from Mr. Ellison's annual review
of the European cotton trade for the season of 1890-91, as
—In
received by us tc-day by cable.
Jute Butts, BAaarsa, &c.—The dealings in jute bagging
the past week have been strictly moderate, but stocks lieing
as a rule light, prices have been firmly maintained. The close
to-night is at 5^c. for 1% lbs., 6c. for 3 lbs. and 6i^c. for
standard grades. Jute butts have been very slow of sale at
\]4c. for paper grades and ?%c. for bagging quality.
Domestic Exports of Cotton Manufactures.— Through
the courtesy of Mr. S. G. Brock, Chief of the Bureau of
Statistics, we have received this week a statement showing the
exports of domestic cotton manufactures for September, and for
the nine months ended Sept. 30, 1891, vrith like figures for the
corresponding periods of the previous year, and give them
below:
Month ending Sept. 30. 9 mos. ending
fjpuxntAUe* of Manufactura of Cotton (colored ana uncolored)
exported to—
United Kingdom
yards
'*
"
GermaDy
Other countries in Barope
BrltiBb North America
Central American States and
British
627,10()
59,532
620,503
"
Mexico
Cuba
877.748
43,3i4
"
Honduras
'*
*'
"
"
•'
Braill
United States of Colombia...
Other countries in 8. America
China
British India and East Indies
Other countries in Asia and
Oceanlca
Africa
Other countries
"
"
"
"
"
"
Talneperyard
7.492,071
725.611
4!, 630
5,336.391
2.213.821
11,610,678
22,753.710
1,492,517
218,0(15
1,168.765
467.835
4,598,058
790,320
266,286
69,784
837,738
491,878
3,743,488
6.644.690
6,049,690
5,061,855
6,940,780
4,351.583
11,410.355 143,240,666
92,224.475
12.044,891
Total values of above.
6.126,929
248,677
1,735,066
676,625
5,625.603
1,169,834
3.2-2,200
470,683
60,949
1,664,818
Total yards of above..
899,550
23.010
16,536
78.026
BS4,944
2,101,25li
1,810.777
"
1890.
7,767.363
811,299
109.492
606,417
5,970,353
831,669
3.9'9,885
4.049,823
14.031,736
78.776.134
3,338,02'
955.498
88,964
6.718
67,147
848.197
70,468
681.972
680,903
"
Puerto Rico
Santo Domingo
other West Indies
Argentine Republic
1891.
1890.
1891.
Sept. SO.
404
133,029
8,012,12;
14«.648
615.128
22*.f)93
f
1758.762
J802.257
f0«30
I-0703
$9,399,346
$-0656
44(1,703
385,042
682,083
9.f54,044
1,101,895
6.987.060
$6,381,098
$-0692
Vatutt of other Manufactures of
Cotton exported to—
United Kingdom
Germany
$14,87
7,891
France
Other countries In Europe
British North America
Mexico
Central American States
HondQra<i
4,987
6,414
5,749
3,568
68,691
4n,6n3
76,<
01
!
British possesHl'ins in Australasia
in
Asia and
other countries
Oceanlca
;
Other countries
Total value of other manufac
tores of
AggregafeVHine of all cotton goodr
1.768
48,574
288,871
108,167
.
.
Hazel Brancli,
6,841
Victoria,
Cresswell, 1,000
3,100
To Genoa, per sttamerStura, 4,747
Galveston—To Llveroool, per steamers Clandeboye, 5,625
Hawklmrst, 6,385 ...Heatlifleld. 5,858 ....JfS'imore. 5,728
... Juno, 6.400 ..Leconfleld, 5,731... .fandfleld, 4,392....
Twickenham, 5,527
Queen, 4,667
To Havre, per steamers Phoeijix, 3,900
To Bremen, per steamer Beatrice, 2,750
To Vera Oiuz, per steamer Harlan, 1,100
Mobile— To Liverpool, per steamer Irthington, 3,870
BleSAVANNAH—To Liverpool, per steamers Antonia, 4,525
vllle, 6,935
To Havre, per steamer Wellfleld. 5,270
To Bremen, per steamer Louise H 4,225
To Barcelona, per steamer Cycle, 6.950
To Genoa, per steamer Amaryllis, 4,558
Ohahleston— To Liverpool, per steamers Benoroy, 6,842
Guido. 7,530... Karah, 6.165
To Bremen, per steamer North Gwalia, 6,071
To Barcelona, per steamer Pawnee, 4,144
Wilmington— To Liverpool, per steamers Schiehallion, 4,800
....Virginia, 6,050
Nokfolk—To Liverpool, per steamer Mlchtgan, 5,213
West Foint—To Liverpool, per steamer Michigan, 973
Boston-To Liverpool, per steamers Cephalonia, 597
Georgian, 3, 193. ...Roman, 2,123
To Windsor, N. 8., per schooner T. W. McKay, 50
BALTIMORE To Liverpool, per steamer NovaScotian, 1.614
To London, per steamer Michigan, 600....
To Bremen, per steamer Dresden, 3,684
To Hamburg, per steamer Slavonia. 1,661
Venanero, 815
To Rotterdam, per steamers Ohio, 409
Philadelphia—To Liverpool, per steamer British Prince, 616.
Switzerland,
300
Antwerp,
steamer
To
per
13,423
To Hamburg, per steamers
—
,
—
—
4,100
4,747
45,616
8,587
2,750
1,100
3,870
11,460
5,270
4,225
5,950
4, .558
20,537
6,071
4,144
11,450
5,213
973
5,913
50
1,614
603
3,684
1,631
1,224
616
300
269,978
particulars of these shipments, arranged in our usual
form, are as follows:
Bremen Rotter- Barce- y. Cruz dk
Wind
<£ Bam- dam dc lona
Liver- Hull di
Total,
sor.
pool. London. Havre, hiirg. Antw'p.Oenoa.
22,576
1,236
1,757
New York. 14,480 2,225
2,878
89,93*
N. Orleans. 40,500
27,164 17,523
4,747
1,100 58,083
Galveston. 45,646
8,537 2,750
3,870
MobUe.. .. 3,870
31,463
Savannah. 11,160
10,508
5,270 4,225
30,752
Uharleston. 20,537
4,141
6,071
11,450
Wilmingt'n 11,450
Total
The
tfi
Norfolk
West Point
Boston
Baltimore
5.913
1,614
Phlladelp'a
616
5,213
5,213
973
973
Total ....162,272
50
600
5,345
1,224
5,963
8,783
918
300
2,825 42,257 37,671
4,402 19,399
1,150 269,976
Below we add the clearances this week of vessels carrying
cotton from United States porta, bringing our data down to
che latest dates:
GALVESTON-To Liverpool- Oct. 30 -Steamer Kendal, 6,0J0 .Oct. 31—
Steamers Plymothlan, 3,768; Trewellard,5,275... Nov. 2- Steamers
Falrmead, 5,708; Vulcan, 5,506. ...Nov. 5 -Steamer Kiiig4and,
5,132.
To Havre-Nov. 5— Steaiuer Mandalay. 4,166.
To Reval- Oct. 30-Steamer Duchess, 4,400.
Nbw Orleans-To Liverpool— Nov. 2— Steamer
Nov.
Nlceto,
6,100
3— Steamers Buenaventura, 5,000; Caribbean, 2,350: Louis9,300... Nov. 4— Steamer Birchtteld, 6,200. ...Nov. 5—
lanian,
Steamer Astronomer, 7,200.
ToHavre— Oct. 31- Steamers Daybreak,
4,102; Harewood, 5,450;
Loango, 6,840.
To Hamburg— Oct. 31— Steamer Thuringla, 1,650.
SAVANNAH— To Liverpool— Nov. 4-Steairier County of York, 6,206.
To Bremen- Nov. 5- Steamer State of Alabama, 5,550.
To Eeval-Nov. 2- Steamer Cydonia, 4,500....Nt)V. 5-Steamer
Lord Warwick, 7,150.
To Barcelona— Nov. 3-8teamer Martin Saenz, 8,401.
To Genoa— Nov. 3— Steamer Fontiac, 4,071.
BBON8WICK— To Liverpool— Oct. 3 1- Steamer Ul iken, 6,309. Nov. 2 —
i
.
Steamer County of Salop, 5,4C0.
Oharleston— Jo Liverpool— Oct. 31— Steamer Dnnedin, 5,610.
To Bremen -Oct. 31- Steamer Havtrstoe, 5,675.
Wilmington— To Bremen— Nov. 3— Steamer Bramham 6,078.
Norfolk— To Liverpool- Oct. 30-Steamer Thorndale, 6,2(9 .Nov.
.
6,634
4.641
2.795
4,111
47,379
31,90»
29.698
50,78)
19,724
2.^260
219 9^4
359
241,634
1,673
1,798
7,692
29,605
6,461
15,947
1157,571 $1,381,745
1959.828; «10,781,090
$1,810,158
»7.S91,856
135
805
223
2,441
3,975
63
United States of Colombia
Other countr'es In So. Aniprlca
$213,668
28,888
48,369
87,651
5,028
1,591
83,222
6,019
33.268
31,111
30,342
40,798
6«0
Braill
BHIPPiHa
12,681
32,564
4,472
16,084
472,127
104,280
A British
Puerto Rico
Santo Domingo
Other West Indies
Argentine Republic
$190,737
2,614
65,896
11,327
1,871
Cuba
Arnca
$20,488
941
5
27,164
Soots Greyg, 3,200
7,967
8.645
*.r:
1,212
1169,546
1928,307
4.1.i2
7,285
3«,45U
3,351
.S,709
News,—The
exports of ootcon from the United
Bt^tes the past week, as per latest mail returns, havH reach.
2f>9,976 bales. So far as
the Southern ports are concerned, thew
we the same exports reported by telegraph and published ir
Ch«oniclb
last
Friday.
With regard to New York v e
•1
I aolude the manifests
of ail vessels cleared up to Thursday.
Wbw YOBK--TO Liverpool, per steamers Arizona, 179... cTty"'*"'*'
of Berlin, 1.567.. Cuflc, 3,013.... Denmark,
2,039....
Etrurla, 21
Gairick, 1,676
St.
S^S*i"^\i2i'
Jinocn, 4.yb8...
,. ,q«
ToHill. per stiamer Hindoo, 1,525 .. .v.'..
To London, p«r steamer LnrtgateHUl, 700....
" Vtoi
'^nn
To Havre, per steamer La Ga-cogne, 1,236...
i oin
To Bremen, pereteamcrs Ems, 327... Havel, 100
407
"''*• P"»t<'am«TS Marsala. l,002....TeutonYaV328
1,330
?!! ^^J^
Illinois.
985....Lepanto,
997
n^^^^J^rj'-.R?'""®''™®"
Wak.fled,
100 ...Westemland, 796
9 a-a
Wiw OBLEAN8-T0 Liverpool, per steamers
Alicia," e.odo""'
5. "00.
Gaditano, 6,806
S^^^l*'^,^?.«^'^ff^,?'^.'^»"'
...Governor, 5,6! 0... Holbein, 4,300.. .West Indian
7,500 40 50O
Steamer
4—
Wcfctliali, 8.384.
To Bremen— Nov. 3-8teamer Inflf xible, 5,900.
West Point— To Liverpool- Oct. 31 -Steamer Sicllla, 6,981.
To Ghent— Nov. 5— Steamer BeUiui, 4,460.
Boston- To .1 verpool - Oct. 27— Steamer Columbian, 3.509 .Oct. 30—
Steamers Palettine. 3,104... Samaria, 435... OC. 31-Steamer
i
Bulgarian, 897
Nov.
2— Steamer Michisian,
1,817.
Baltimore— To Liverpool-Oct. 30— Steamer Barrowmore, 3,897.
To Havre— Oct. 30— Steamer Goviuo, 350.
To Bremen-Nov. 4— Steamer Habsburg. 1,643
To Rotterdam— Nov. 4— Steamer Chicago, 91ii.
Philadeli'HIA— To Liverpool— Nov. 3— Steamer Ohio, 618.
Cotton freights the past week have been as follows:
Satur.
Liverpool, steamf?.
Do
bia...(i.'
d.'
Am.st'd'm,steam.<!.l
Indirect
Reval, steam
Do
Fri.
....
7<)2®'4
'3S«'4
''32
7^2
rf.
Hamburg,8teair.<i.'
Do
Wednes. IJiurs.
d.'
Bremen, Bteam..(J.[
Do
Tuei.
13,
-64
'33
Havre, steam... d. "'m.'SH
Do
Mon.
d.'
732
....
50'
50*
to*
50*
Itta
132
d. IBpiao,,
19,
43Bij'
19^43*16 l*t4®'n
50*
'.•)9
932 a 5]
d.'
Barcelona,steam(t.{
Genoa, steam.. .if.
Trieste, steam., d.
Antwerp, steam. rf
i-er 100 los.
%
H
H
\
^i.t
3,
*1fi
t
3|<.
Steamer November 17th.
3 18
November
THE CHRONICLR
7, 1891.
Li VEBPOOL.— By cable from Liverpool we hive the (ollowlofc
sales, stocks, &o., at that port:
statement of the week'*
Oel.
200,000
190,000
285,000,
275,000
350,000l
Bales American
Actual export
es,ooo;
643,000,
Of which .Viiinricim — EsUm'd
Total Import of tlio week
Of which American
atli <at
Of which American
ATu*.
460,000
60.000
4,000
3.000
50,000
4,000
Forwarded
30
484,0<)0
80,0001
08,000,
—
Total Ktook-Estlmated
Oct.
Oel. 33.
49.000
2.000
2,000
41.000
5,000
63.000
840.000
486.000
91,000
81.000
360.000
bale*.
8ale«or tbe week
Of which oxportors took
or which itpooulalors took..
Amount
10
49,000
1,000
1,900
41.000
6.000
62,000
62J,000:
47,000;
30,000
45.000
2,';oo
300
38.000
7,000
64,000
704,000
535,000
130,000
105,000
390,000
880,000
market tor spots and futures eat h
day of the week ending Nov. 6, and the daily dosing pric< s
of spot cotton, have been aq follows;
of the Liverpool
The tone
Saturday Uotutay. Tuuday. Wtdnet. ThuniPy. friday.
Spot.
Market,
1:45
P.
I
Doll.
u.\
Mld.Upl'd8
In buyer*'
(arur.
In bayen'
faTor.
498
6,000
8,000
8,000
8,000
5(,0
500
600
500
Spec <&exp.
Moderate
demand.
4"8
4°g
4<>8
4<>8
Sales
Fair
demand.
4».,
8,000
1,000
1:45
P.
Qnlet
}
Market,
4 p. M.
at
partially
u.\
l^adT.
)
Firm.
Steady.
Steady.
Easy at
deeline.
Weali.
5
The opening, highest, lowest and closing prices of futures at
Liverpool for each day are given below. Prices are on th e
basis of Uplands, Low Middling clause, unless otherwise stated
:
Sat., Oct. 31.
0|xn|Hi«A Low.
Clot.
d.
d.
d.
d.
»Ien.,
NoT.-De«... 4
Dec. -J an.... 4
Jan.-Feb.... 4
Feb.-Mch... 4
Mch.-Aprll. 4
April-May.. 4
May-June.. 4
June-July... 4
July-Aug...
Aug.-Sept..
45
43
60
;
'
'
53
....
4 36
4 36
4 33
4 40
4 43
4 45
4 48
4 61
4 87
4 39
4 42
4 45
4 48
4 SO
Tnea.. Not. 3.
'i.
Open Hiok Low. OlM. Open
NoTember.. 4 36 4S0 4 86 436
36
37
39
42
NaT.
4 36
438
4 40
4 43
4 45
4 48
4 61
d.
d.
d.
...-
463 463 4 61 4
4 60
4 49
4 81
432
434
436
441
4 50
52
4 31
4 35
4 37
Clot
d.
d.
4
4 31
486
489
442
4 42
4 45
4 46
4 43
4 62
448
4 48
4 49
448
4 51
4 52
4 62
4
433
433
4 31
4 32
134
40 486
43 419
4 89
4 42
4 46
Thnra.. Not. 3.
Wed., Not. 4.
Low.
d.
433 434 433
433 4 31 4 31
433 4 31 4 31
414 4S4 433 438
4 36 436 435 436
419 4 39 4 87 488
443 4 42 4 40 441
4 44 4 43 4 43 444
4 47 147 4 46 4 47
4 31
4 32
453 453 463
H<gft
d.
d.
Fri.,
4 50
4 52
Not.
6.
1
H<5fc| Low. Clo$.
Open
d.
d.
d.
KoTember.. 4 31 433 4 31 433
NoT.-Dec... 4 31 433 4 31 433
4 34
Dec-Jan.... 4 32
Jan.-Keb....
434
1
1
'
^
1
1
Aug.-Sept
4 Sa
436, 434
Feb.-Mcb... 4 37 4 39
Mch.-AprU. 4 40 4 42
April-May.. 4 43 4 45
May-June.. 4 45 4 47
June-July... 4 48 4 60
Jnly-Aug... 4 51 453
Open Bigh Low.
ClOt.\
d.
d.
d.
433
4 33
d.
4 37
4 40
4 43
4 45
4 48
4 51
4
34
436
4 33
433
433
426
.
4 62
.
d.
d.
....
•
''
..>•
....
Oioe.
428
428
428
131
434
43;
4 40
4 42
i
...
January delivery
Febraary delivery
0.
4 43
4 48
....
BREADSTUFF S.
:
4
110=8
110>4
Ul«9
lU
0.1113b
111
2.
^.
:
\\\]*
"'^
\Wl»
.Hl'i
JJ^U
112'4
VJK
58 •«
«J»
3
m
5m
30%
37%
S5>«
r
37>«
38>4
M
55l«
54H
M
td
SH^
39%
39<4
30H
40^
39%
\\\^
UJ^
l"^
bush.—
0.
Corn,
Wn
•
We«tem
72
69
o.
.
i>er
Wett'n mixed
mU. No 2
West'n yellow....
Sprliig,
.
98 9108
White
Data—Mixed..* bu. 3^ 9 40ia
39 a 44
White
3^'«» 39'a
No. 2 mixed
40 9 41
No. -.iwhlte
60 9 64
Buckwheat
Rye
70
white....
-••
-
99
atateand Jersey.. 97
BiTley— No.2We»'.'n. 70
Western, per bash.
• 73
9
9 74
9 72
9103
9101
a
...
The movement of breadstulfs to market is indicated in tba
statement below, prepared by us from the figures of the New
We first give the reoeipta at
York Produce Exchange.
Weetam lake and river ports, arranged so as to present the
comparative movement for the week ending Oat. 31, 1891,
and since A.ugaat 1. for each of the last three years:
tUntr.
Wkeat.
Com.
BI>I>.19<1U>
auAsoii).
8ue)l.5<l»>
SeeeipU ot-
jaioaao
MUmnkaa..
Dalath.
illnnaapolu
Foledo
Jetrolt..
.
3leTelaa^»..
JULool*....
'•aria
Bartn
Oote
Rim.
Biwa.S3IA* BtMa.4si'. Bw.oai'te
10t.B3S
66.147
1,447.883
l,01-<,980
l,8i7,oai
491,215
t42.&9»
388,45 •
23,200
120,600
6M,400
76,«M
78,431
2,693.17:
1.008
»,»18,8«0
646.500
600
7*.l'o<>
8,889
16038:
4,744
7,949'
27.580
10,124
33,646
3.950
741,113
40.500
2C 4,865
90,354
13,108
118.090
54.400
•8,SM
9,«0J
iU6,804
317 .042
814,326
8388,819
1.463.093
8,89).ie3
3,928,878
S.28 1,944
S,»73.23a
4,759,635
l,'163.4tl
18.100
89.831
16,700
46.156
396.413
498, K>
18 1,0 >
7M
«sa,tM
1.81MI0
l.H».S27
l,«8^T»4
1,894,»5
3 ,343,019
SI,**J,07»
10,373.839
ll,783,«a<
»,»7d.l»S
39.aM33)
8,9e8J«l
1«9.T17
i««,2et
I
18M
8,169.674
8,137,579
1889
aS»7.780
1301
m
m»
c.
0.
ThHTB.
est*
per bush... 100 9112
Red winter No. 2 1 O3I1 9 1 08
98 9110
Red winter
Wheat—
«tfW«4lW.
Fbidat, November 6, 1891,
the coarser stuflj have
f!l The markets in wh?at floui and
shown an improved tone during the past week. Stocks are
co-nparatively small and hold-rs are inclined, in view of the
advances that have taken place in values on the grain markets, to ask more money; but the demand has not, either in
extent or persistency, caused much it any more money to be
pail.
Today the market was generally firmer and more
111 Jtitrately
active, buyers being inclined to operate more
freely, when not shut o it by a material advance.
The wheat market has been active, both in speculation
and export, and price i have made a considerable improveCable advices have been stronger
iient during the week.
in
•"t 'ovored large orders for shipment, and the weather
its
ins-Mississippi region has not been satisfactory
upon the past crop that is still in the stack, nor upon
ket
the autumn sowings for the next crop. To-day the
was buoyant, with shippers ttking aboat 400,000 bushels, inluding No. 3 red winter for early arrival at |1 07;'i and
N'o. 2 Northern spring at |t 06^.
DAILY 01X)SIS0 PRICKS OP NO. 2 BJSD WII^BR WHEAT.
TAmi'j. f^^J;
Hon. Tuet. Wed.
Sftt.
\0i\ JO."*^ 10,51
vembor delivery... .0. 103\ 104
lOO'i
108 e
106
10o>4
h
oember delivery
c. loSSg
107\ lOsU UOJ
lanuarj delivery
0.107^ 107^
%
^Vi'i
10
108\
'OOJg
Pebmary delivery
0. lOS's
|
Kpillrt.lhery
'laydclWery;
5aJ*
S3>«
Tutt.
dull early in the week, but yesterday a Ikrge business in No. 2 Western was done at |t.01 for early arrival and
|1.03^(3 1.05 for January. To day there was a good btuineaa
Barley was active for feeding
for January at $l.05@t.07.
gradee, which advanced to .51(o9.')7c. Buckwheat is dearer,
with sales to day for export at 62363)^c.
The following are closing quotations for wheat flour in
(Corresponding grades in sacks sell slightly below
barrels.
theae figures):
FLOUB.
»bbl. $3 20»$3 65 Patent, winter
$5 OOaVJ 30
Fine
3 50» 3 90 City alilppln I, extras. 5 25* 5 30
Baperflne.
Hour,
superttne..
903)
00
Rye
5 00 a 5 40
3
4
Kxtra, No. 2
Pine
3 759 4 00
4 109 4 50
Extra, No. 1
450»475
Corn
me*l—
Clean
Weatern,Ao.. ...... 2 309350
4 70» 5 00
Straights
Braadywlne
3 75*380
5 15* 5 50
Patent, spring.
Buckwheat flour per 100 lb9., $2 9 82 10.
OBAD).
jam* wk.'St
March delivery...
Jfon.
e4>«
57>»
54>t
:
Tot.wk.W
lame wICSO
I
Sat.
64%
56%
55
Maroh delivery
55^~
53i«
MaydeUvery
52
o.
52>
63 «
54
Si%
O^ta have made a further great advance, in conjunction
with free buying for export. Shippers have taken nearly or
quite two million bushels. To day the market waa again
active and prices made a further advance.
DAILY OLOSMO PKICKS OF IfO. 2 MIZCD OATS.
Sat.
Hon.
Tua.
Wed.
Thun.
/H.
36''g
0.
36
>>
88>«
November delivery
SSif
S8%
36V|
0.
37>«
Deoember delivery
38^i
38%
3e>a
S
d.
429 429 428
439 429 428
4 29 4 30 428
4 32 4 32 430
438, 4 34 4 85 433
4 42 4 41 441 4 37 488 438
4 44 444 4 441 4.0 140 4 39
4 47 446 446 4 43 4 48 4 42
4£0 4-49 4 50 4 45 4 40 4 45
463 4 52 4 62 4 48 448 4 47
4 33
449
Open Higk Low.
d.
433 433
4 34 438
485 430 4 35
438 4 39 438
4 33
4 93
4 39
4 42 '441
4 45 |444
4 47 447
450
458
d.
0.
0.
c.
0.
Rye was
i-MO-IM
Steady.
November delivery
DeoemlMr delivery
MaydeUvery
500
Barely
TDnll at Steady at Steady at
ii.e4(»s-e4 1-94 defart tally stead/ at
1-64 dec.
-64 dec.
ollne.
decttne.
Indian corn hu advanced mat«riaUy. Tba ImproTsisml
to have been cauasd mainly by th« fraa M*lag for as*
port, which tpparentir increaaed rathw than daoraaaed aa
prio«a improved. It is evident that l>Mide« a lar^ dnmaail
incident to the situation, Indian corn haa rapidly grown In
favor abroK*. Current receipts and auiiplin* oontiaua mall.
To day the market was again slighlly <iearer from lympathr
with wheat. The oz|>ort demand continued good, 7147So.
for No. 8 mixed in elevator.
DAILT CLOStNU PKIOM OP RO. 2 MIX ID OOBD.
Mama
Jnnnary delivery
7,000
I^turet.
Market,
685
90.913.669
27W.93
37,«61.74
49 075.2 U-
31,061.141
S7.2».an;i
lA)k.8S)
sjoo.iei
Below are the rail shipments of flour and grain from
Western lake and river ports for four years?
nooi
.
mieat
C!om
OaU
Xot.
39J,873
26^,352
517.568
450.351
1,090,09»
631.139
313,613
boah. 1,278.887
30J.563
1,515,172
576.3^0
694.387
748.798
730,898
1,568.392
1,209,724
5 I2.77.i
9J.312
.328,361
Barley
Bye...
116,3
u
589,^59
91,176
Hot. 3
2.
247,932
bbls.
Week
We*k
We«Ac
iVo». 1.
1888.
1989.
189).
1891.
Oct. 31.
63,9i8
M71 3,3H.7J> 2,731,211
3..510.83T
Total
The receipts of flour and (train at the seaboard porta for tba
3,50
wsok ended
At—
Oct, 31, 1891,
follow
Oom,
OaU,
btak.
buek.
rioup,
W>t*at
bble.
buth.
1 1S.959 2,104,890
117,318 132,977
31.853 296.506
149,031
PhllMlalphla.. 72,560
Baltimore.. .. 71,347 363,10^
21.883
Blohmond .... 7,410
Sew Orleans . 19,534 185,300
new York
Boston
Montieal
^
Total week. .468,841 3,253.700
veak '90.339.101 831,518
Cor.
189,050
175,230
76,763
35,2 20
84.725
3).3l6
3,015
Bartty,
busk.
Rye,
kueh.
757.175 319,000 439.055
....i^
3.850
83.956
76.400 149,724 73.843
....„
160.223
^500
23,000
'••Zii
14,433
,,?S2
37,100
47,418
.%9),318 1,161.901471.574 5Jl.aOJ
5l.07»
7(J4.J15 1,01^.3J8 201.310
J°f*^7
The ezpona from the aeveral aeaboard P<«« atatament.
ahown in tbe annexed
anlinff Oct. 81, 1891. are
THE CHRONICLE.
e86
[Vol. LUI.
The value of the Ne\v York exports since January 1 have
been fl0,137,196 in 1891 against $6,6-i6,309 in 1890.
The demand for both brown sheetings and bleached shirtBuiK.
Bblt.
Buth
Bunk.
49.346 ings has ru'ed irregular for immediate need, with an
25,296 401,025
66,983
353,284
occairew Torn 1,091.887
34,508
23,880
29,499
135,252 131,367
Boston..
sional order of fair extent on spring account for prompt
Portland
shipment
water
freight.
Lightweiglit
59,752
by
brown
goods
are
30,189 122,134
26,883
236,940
Uoutreal.
and ^ bleached shirtings, while
generally well sold, as are
34,857
34,800
324,325
PhUadel
50,857
48,584
26
206,375
Baltlm're
the best grades of 4-4 bleached siiirtings are also in good
73,333
1,442
9,319
214,334
H. Orl'na
shape, medium lines ruling quiet and not always steady.
4,200
87,758
N.News.
Colored cottons have sold more freely where low prices have
Blolun'd
been made for spring business, a'ld the break in the price of
143,606
647,349
79,365
212,418
528,796
rot week. 2,296,871
Southern plaids, already referred to, has resulted in the
B'me tlmel
89,927 placing of free orders for these.
8,515
Dai k prints, ginghams and
C,132
281,868 433,680 145,815
1890...
woven wash fabrics have been slow throughout, and the deThe visible supply of grain, comprising Che stocks in grai ary mand for new spring styles has ruled quet. without special
and seaboard
at the principal points of acouinulation at lake
they declined from 3c. per
feature.
Print clotls are weak
ports, Oct. 81. 1891:
yard to 2 15 16c. for 64x64s last Saturday ; to-day business is
Bar ey
Hye.
Oau,
Oom,
Vheat,
practicable at 3J^o. per yard, and from the apathy of buyers
but
butn.
buth.
bulk.
btitli.
In »tore ot—
30,183 a still further decline may have to be recorded for 56x603
388,193 1,289,744 801,102
8,011,423
Hew York
58,300
132,000
33,300
the quotation is nominally 2J^c. per yard.
320,300
Do afloat.
Sxports
Oom.
Wluat.
from—
Oat:
tUmr.
By*.
%
I
;
..
;
.
169,843
1,832,061
5,076,924 1,212,001
549
376,311
Hllwaokee
3,503,490
Dolntli
13,451
1,963,026
roledo
2,b34
617,515
Detroit
5,000
30,000
Oaweto
89,087
3,051,819
8'. LonlB
51,209
Do afloat....
"7,000
14,000
Cincinnati
133,400
236,185
Boston
23,521
Toronto
""306
347,469
Uontrea!
89.691
778,174
PhlladelplilK
41,284
10,708
Peoria.
5,500
95,650
Indianapolis
114,0:0
606,592
Kansas Cltr
55,023
1,487,664
Baltlmvire
4,351,338
UlnneapoUr
164,102
OnHlaalssippl...
658,429
2,537,639
On Lakes
24,900
744,000
On canal & river.
Bnffalo
Ohtoago
'91. 36,231,''58
'91. 34,644,251
'90. 21,235,381
•b9. 25.713,506
3, '88. 33,695,199
rot. Oct. 31,
Tot. Oot. 24,
Tot. Sov. 1,
Tot. Nov. 2,
Tot Nov.
3,052,475
2,831,965
7,017,335
7,792,649
10,773,067
135,651
35,824
18,500
73,098
390,576
48.091
3,675
114,960
21,341
i7i',487
"6,155
33,500
126,353
737,576
3,174
8,OiiO
Albany
20,006
10,092
1,350
127,129
167,263
363,411
270,960
33,660
140,966
11,479
1,135
422,691
4,188,445
4,448,583
4,161,657
7,005,354
8.554,981
11,000
522.530
233,834
323,361
66,710
76,677
290,000
97,067
76,000
"is.bbo
749
""262
113,751
102,076
ia4,848
"3',802
"2,119
15,500
47,419
167.597
10,540
41,487
554202
560,000
2,519,759 3,173,141
2,719,807 2,70r>,259
717,3214,840,679
1,251,080 2,313, i 89
1,556,616 1,786,400
Outride speculators
is loncerned, the re-order demand being of a perfunctory nature, and entirely without distinctive character,
beyond the fact that it is mostly confined to lines which are
already in the best posiiion. Thus little relief is afforded in
it is mobt required, and irregularity in prices
becoming more marked in all wool goods. Moderate duplicates are recorded for heavy suitings and overcoatings to piece
out the winter's trade. There is considerable disquietude
over the action of certain manufacturers who. having run
out of orders for spring weights, are now soliciting business
in next season's heavy makes. This is weeks ahead of the
usual time of opening, and introduces a weakening element
which could well have been spared from the trade's present
.\ll-wool and worsted dress goods are in steady
perplexities,
—
FoiEioN Dry Goods. This has been a featureless week in
imported goods, outside of holiday novelties. In the latter a
good business haa^een done but 'or the rest the dtjinaad ha^
proved quiet throughout. Staple lines of worsted dress go jds
and men's- wear, silks and linens are steady in price, while ia
hosiery lines there
CWna
!?..
India
508
Arabia
Africa
West Indies
Mexloo
,
"i
,
J 03
,
Central America.
Soutli America...
Other ooontrles..
Total
China, via Vanoonver.,
TotaU.
'
From New
100
157
501
63
Cj
1,564
W t- OD
O lO to CO
'i*
OCOOif^OH
;
coos
I
co'co
»-XCOCOS
x»qc|xco
I
MlNXNt-
-Xi
O N
X-*Q-*rH
-iJ
t^W ?3 "N ©
<soscoi>r^
XO X
rH -f
tCi'-O
r-t
OSrH
iH
r- rH
i-TJ
tfi
CO
CO
<T,
CO «)
O^C^OtH
fXiHCO
Ni-^nOli-t
CO
X
a 01 <H -«
cortiowo
o cc cs
M Xr-lin«3l
C- Oi
12
lOOiOXfl
^X
bcoi>Ncoof
r^ -^
•*I>XCDN
rH
C4X-^tt>i-t
OOOXiHCO
«^
-^{NiHtHH
N -* X ClO
'-'
CoOt-r-CO
31 iH
CO CO'* IN CO
-H.ct>ar-.o
C^ r* T.
X
coin
crO>
ofco*
.
eoio
3i^»
I
xo
aDO>
x-«*
r^
n
iC^
rCO
«JtO>
010
cow
f-t
COOS
a
0*
•^f-t
50
rlO
»
H CO
CO CO
X^M
NOO'-X
00t>in'-0
X O CD X
,
--
coo
c<:o
o-
COCi
co-^
ocT
r-(
coo
-*<co
t*
O O
<#eoHt>iH
'-0
I
(N
I
I
rHtCo'rHO
OON^X
X^36f
8§
cTx
0»«XXCO
r*
iH
t-^CO
C0-.iO0i(N
X_
CO
(NX
O^iOCOrH
W^O-I'C^
cxt^aoofO
OlOOrHO
•^'<f!£>m>\
H
cso
ifSO
nn
•ox
b-rjl
lOt-l
ON
COO
1-4
•ooxoocs
co-H«Titm
Cit-^x-rsco
—X
® "# « o
»-H
rj«
'O T)
OS
©CO
lO ^ cs 33
o
COrHiHrH^
1890.
<J<
3i <*
X
<*i
N M r- t- r«HrHrHH
^
N »H :o O
t^
a-n
r-l-4<
COM
O'*'
C1-*
O CO X' -^
-Xi
Week. BinceJan.
210
84
250
•zoa
9,U6
2,215
6,1'J2
5
•
27,47.1
2,8.^8
£
:
s
;
13
192,740
23,301
6,389
1,564
216,041
Bnsland mill points direct.
7,167
« » N CO
HO O
O
h'COH'^O
178,663
>r: t>
inc4r-t.:4S4
3
'•
m
t- .0 CO
"-H
o CO
;
2
778
co*-<*
01
•*)<
in JO •*
11,841
2,213
5,289
1,947
3:oo
3)0>OC1
0» Cl 'O rH r<
357
7,494
29,561
»o'0
c o 'O on D
Sri
1,101
12
tO'CIJN'*
1
ecc
6,568
2,669
37,353
2,974
.'',370
2345
rH
;
Ift'tO
3,929
1,121
IC 8,074
8,028
11,898
4,695
11,925
<5
O (N ri iCitO
3.
16
15
considerable irregularity.
or the oorre«Donding periods of last year are as follows:
OoiiKSTio CkzrroN Ooods.— The exports of cotton goods
port for the week ending November 3 were 1 564
packages, valued at |94,433, their destination being to th*
points specified in the table below:
Great Britain
Other Eoropean..
is
Importations of Drv Ooods.
The importations of dry goods at this port for the wb' k
ending Nov. 5, 1891, and since Jan, 1, and the same fact?
nom this
Week. Since Jan. 1
280,000
business
and reports of business from outside distributing points indicate B(me return of late activity. The jobbii
g trade is
quiet with the exception of an occasional 'drive" in cotton
and other dress suitings.
Nov.
802,000
—
Domestic Woolens. Men'a-wear woolen and worsted fabrics continue in an unsatisfactory condition so far as spring
rephrts.
1891.
6,
apprehending lower prices. The print cloth situation is
another element of weakness, as standards are to-day worth
no more than 2Jgc. per yard, there being in fact no paiticular
demand for them at the price. This affects a considerable
range of low-grade cottons, and although not openly quoted
sellers have accepted i^c. per yard less for leading makes of
flat-fold cambrics than they wtre willing to take a week ago.
Ready collections continue a favorable feature of the market
HlW YOKK TO
None.
523.000
(est)
Total stock (pieces)
and considerable demand for spring, and good progress is
reported by all leading agents. In other branches of the
woolen department business is without change from previous
Basinees in dry goods circles has been quiet all the wei k,
%% in addition to the now CHtablished cautious character of
buying, electioneering interests have more or Itss interfered with trade. Buyers have been iu limited attendance
on the spot and their purchases mostly light, while ordew by
mail and wire from day to day have disclosed no new feature. Purchases of domestics for immediate shipment on
spring account have not increased to the expected extent,
but there is considerable business in abeyance which may be
concluded during the coming week. The general situation
in staple cottons is reported unchanged and steady, but some
low prices have been made by the New York Mills in cottonades, camlet jeans and ohect^, while in bleached shirtings
and brown goods buyers occasionally have the advantage.
There has also been a heavy break in Southern plaids, the
plaid agency meeting some low prices on the part of outside
mills by giving a rebate of 16 2-3 per cent on all purchases
through it from the closing week of October up to Jan. 1 next.
These are indications of the set of the market, although some
of the largest houses reaffirm that their stocks of domestics
are all round in such shape that they can see no reason for
1891.
1889.
Nov. 2.
261,000
19,000
None.
quarters where
322,590
215,800
Friday P. M., November
1890.
iVor. 1.
270,000
527,000
5,000
is
THE DRY GOODS TRADE.
»KW TOBX,
1891.
Oct. 31.
Btoek of Print Olotht—
Held by Providence manataoturers. 18^,000
Fall River manufacturers
335,000
I
•«
:3
:
•
:3
"So
8?o
-3
:s
OX
I
t*
@FedFRASER