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'T^-: £')*■
■■■
.
V:
V
MAGAZINE,
MERCHANTS’
HUNT’S
§. W**Mb IMwispapey,
.
■■
■ ■
....
CONTENTS.
THE
CHBONICLE.
Monetary
The Financial Situation...
385
Railroad Earninirs in Septem¬
ber, and irom Jan. 1 to Sept.
....
30
387
-
British Trade
Canal
and
.
ilie
and
Commercial
English News
389
Bonds
393
Range in Prices at the N. Y\
Stock Exchange
394
THE
GAZETTE.
Quotations
and
of
Stocks
Bonds
Railroad Earnings
Returns
and
and Bank
Investments, and State. City
and Corporation Finances..
TIMES.
COMMERCIAL
400 I Rrcadstufls;...
Commercial Epitome
Cotton
401
=a>
NO. 955.
and in Liverpool, prices continue to evince a
tendency under accumulating stocks, but it
does not appear that the decline has as yet stimulated any
export movement of 4very large-, proportions. Provisions
go out in quite considerable quantities, and the exports of
corn
remain fairly liberal, but wheat fails to find any
demand, even at the low prices prevailing. It would seem
that the markets are so choked with wheat that they
cannot for the present take any more.
As to cotton, a
large reduction is now generally admitted, and while this
is no doubt an adverse influence with many interests,
the effect, both upon producers .and upon the world’s
supply, is likely to be overestimated. The planter will
downward
Suez
Money Market, Foreign Ex¬
change, U.S. Securities. State
-
this country
Commercial and Miscellaneous
News
THE BANKERS’
and
Railroad
Stocks
-
SATURDAY, OCTOBER 13, 1883.
YOL. 37.
STATES.
COMMERCIAL INTERESTS OF THE UNITED
1
REPRESENTING THE INDUSTRIAL AND
n
,
WiT'if'*-'-?.
Dry Goods
%\u direrutele.
compensation in a better price than he other¬
The Commercial and Financial Chronicle is published in wise would have obtained, while the world’s supply of
New York every Saturday morning.
cotton is certain to be ample for all wants.
The prospec¬
[Entered at the Post Oitice, New York, N. Y.. as second-class mail matter. I tive loss of cotton
traffic,' however, is already exerting an
unfavorable influence upon the properties of leading
TERMS OF SUBSCRIPTiON-PAYABLE IN ADVANCE:
Southern roads, and during the week this has been made
For One Year (including postage
$10 20.
For Six Months
do
6 10.
the basis for sharp attacks upon the same.
Meanwhile,
Annual subscription in London (including postage)
£2 7s.
present earnings continue good, aud our statement for the
do
Six
do
do
1 8s.
month of September, given on another page, shows a
Subscriptions will be continued until ordered stopped by a written
order, or at the publication office. The Publishers cannot be responsible
very satisfactory increase, considering the fact that com¬
for Remittances unless made by Drafts or Post-OIlice Money Orders.
Liverpool Office.
parisons are made with a heavy traffic a year ago.
The office of the Chronicle in Liverpool is at No. 5 Brown’s Build
As bearing upon the trunk lines, the award of percent¬
Ings. where subscriptions and advertisements will bo taken at tinregular rates, and single copies of the paper supplied at Is. each.
ages by Commissioner Fink in the east-bound pool has
A neat tile cover is furnished at 50 cents: postage on the same is 18
have
part
mos.
Volumes bound for subscribers at $1 00.
c?nts.
DANA.
M B.
WILLIAM
JOHN a
.
FLOYD.
WILLIAM B. DANA & CO.. Publishers,
79 & 81 William Street, NEW YORK.
Post Office Box 058.
\£
attracted
that
not
a
attention.
little
It will be remembered
when, early in July, the Nickel Plate and the Chicago
admitted into the pool it became necessary
& Atlantic were
THE
FINANCIAL
SITUATION.
readjust the percentages, ami Mr. Fink, as Commis¬
sioner, was given the task of making the new apportion¬
This he seems to have done with considerable tact
ment.
to
of affairs still wears a quiet look, and nothing
importance has occurred during the week mate*
as will appear from the
fact that up to the present time
rially affecting the business prospect. There was ^momen¬
none of the roads
have appealed from his decision to Mr.
tary disposition to invest the result of the Ohio election
with more than ordinary significance, but the efforts of Charles Francis Adams, Jr., the arbitrator, as they have a
interested parties in this direction did not meet with the right to do under the pooling arrangement.
The follow¬
success anticipated, and the matter is already
passing out ing shows the present allotment, which we understand to
of mind.
The proceedings of the bankers’ Convention at date back to the 1st of July, as compared with that in
The allotment covers dead
Louisville have commanded more attention, serving, as force prior to that time.
freight
and
applies
only,
merely to the shipments east
they have, to give prominence to two fiscal questions in
pressing need of-early solution. The evils arising out of from Chicago.
The aspect
of any
coinage of silver dollars have been fie
quently pointed out in these columns, and we have more
than once taken occasion to direct public notice to the
importance of the continued reduction of our national
debt in its bearing upon bank note circulation, for
which the debt figutes as a basis, so that these subjects
will not appear altogether new to our readers, hut their
significance remains all the same, and it is gratifying to
the continued
note
that
our
bankers
are
alive to
the
necessities of the
M i i-lii
t
,ji
•
leading grain and provisions maikets, both in
»-;i ii
Present
lload.
( 'i*ii I r:i I
K»* tjlimv.
Pm/tori inn.
.......
1 s 75
17(0
Former
I‘i o//orli'n
21 ‘25
24-25
..
“
Nickel-Plate
ir Fori Wayno A-Chiefi^o
(
St
1,mils A- Pit Islnit
Bii 11 itill>iv A- ()liio
Grand Trunk"’
( 11i<*.»>»-1» AAtlantic
JMi t >iim
s-uo
I n-25
S'OO
7 ’(-O
11(0
25-50
30-00
8-00
11 00
1 I 00
...
1<M> dO
Total
It will be
falls
situation.
In the
Name of
te ns,
seen
that the
loss under the new
loOOO
allotment
chiefly ut on the Vanderbilt and Pennsylvania syswh.ch seems not unfair, cmisidei ing that the two
THE CHRONICLE.
386
competitors to the old lines for the traffic in question
must, by their location, gain mainly at the expense of those
Week Ending
new
[Vol. xxxvir.
Received by
N.Y. Banks.
Oct. 12, 1883.
Shipped by
$820,000
Currency.
'
Net Interior
N.Y. Bunks.
Movement.
*$2,400,000
Loss.11,530,000'
Gaia.
7,000
7,000
the former allotment the Vanderbilt lines Gold
Loss. 11,573,000
Total gold and legal tenders.
$2,400,000
$827,000
—Lake Shore and Michigan Central—had 45 J per cent of
"1,575,OOO of this was transferred in the shape of silver certificates by
the entire business.
Now, if we include the Nickel Plate
deposit of gold in the Sub-Treasury.
as a Vanderbilt line,
they have 43-75 per cent. The
The above shows the actual changes in the bank hold¬
Pennsylvania lines—the Fort Wayne and the St. Louis &
ings of gold and currency caused by this movement to and
Pittsburg—had 35-50 per cent, but this included on the from the interior. In addition to that movement the
Fort Wayne the traffic of the Erie now going over the
banks have lost $520,000 through the operations of the
Chicago & Atlantic. In the present arrangement the
Sub-Treasury. Adding that item, therefore, to the above, we
Pennsylvania lines get 27£ per cent, and the Chicago & have the
following, which should indicate the total loss to
Atlantic gets 11 per cent.
It should be said that on live the N. Y.
Clearing House banks of gold and currency for
stock traffic the percentages are different, but that traffic
the week covered by the bank statement to be issued
is of much smaller importance, and we have not the space
systems. Under
a
to-day.
for the details here.
foreign exchange the market has been dull and irreg¬
Week Ending Oct. 12, 1883.
Into Banks, joufc of Banks J Net Change in
i Bank Holdings.
i
Early in the week the demand for sight bills was
$1,573,000
Dunks’Interior Movement, as above
$827,000 j $2,400,000 ! Lj
such as to justify an advance in the short rate, but some Sub-Treasury operations, net
j
J
520,000 j Loss. 520,000of the bankers marked the rate down again on Friday,
Total gold and legal lenders
I 4,-27,000 i $2,920,000 1 Loss. $2,093;000
mainly because of more liberal offerings of x bankers’
In the stock market the course of nriees has been almost
sterling and a less urgent demand. One reason assigned
uninterruptedly downward. The official announcement of
for the early advance was that money was more active
the determination of the managers of the Northern Pacific
in London, but bankers who are in constant communica¬
to issue a G per cent fifty-year second mortgage for 20 mil¬
tion with that metropolis assert that there has been no
material hardening of the rate in the open market, and lions, subject to the approval of the preferred shareholders,
at first had a stimulating effect upon the Villard properties,
the last quotation indicated a rise of not more than J of 1
mainly because it was reported that’. IS'millions of the
per cent.
The advance in the sight rate may therefore be bonds could be
immediately placed and also for the reason
attributed to the temporary scarcity of sight drafts.
that it was rumored that a prominent speculator had
Commercial bills are still limited, and the best command
become interested in the property.
The short interest in
rates
For
•
ular.
S3.
X
bankers’ sterling. The more liberal sup¬
ply of the latter and the offerings of cable transfers
witliin the past few days,
are supposed
to result
from a movement of securities, chiefly prime investment
stocks and railroad bonds.
The prices of some of the
former have been relatively higher in London than here
during the week, and reports are current that quite large
very near
the stocks
was
well closed
out
in
the rise which ensued,
Tuesday and "Wednesday the speculators for a
again attacked the properties, but there seemed
to be a fair support given them and they did not yield as
much as expected.
On Monday cable advices reporting lower prices for
grain in Liverpool unsettled the "Western markets and
amounts of New York West Shore & Buffalo bonds have
been sent to the Continent.
It is believed that the unfavorably influenced the stocks of the Granger roads?
the theory advanced being that- as the fall in Liverpool
outward movement of securities is now in excess of the
was
reported to be due to an accumulation of stocks,
importation, and if this should continue it will have a there would be a
very light export demand, even though
very important influence upon the course of exchange.
The following shows relative prices of leading bonds prices should also fall in our markets, and therefore the
railroads leading to the grain centres, and the trunk lines
and stocks in London and New York at the opening each
east, would have little business. The stocks of the lastday.
named roads were also affected by the announcement of the
0,7
Lond'n
•
s.
N.T.
Lond'n
0,7
Or*. 10.
(Jet
N.Y.
Lond'n
Lond'n
N.Y.
11.
N.Y.
|
0(7.
Lond'n
12.
N.Y.
prices* prices. prices.* prices. prices * prices. prices.* prices. prices.* prices.
U.8.4s,c.
120-28
U.S.4,%8. 11397
Brie
30-4(5
12089
120%
120-70
111-21
114
113-97
120%
120-19
120.%
120 02
114
11 1*08
111
114-21
120%
114%
30%
94 %
30-37
30' i
30*20
30%
29-80
120%
114%
25'%
9020
94
9520
94
90-10
94' ;s
127%
I143f
128*30
128
128-00
1270;
127-93
127
110-42
no
110-18
114%
IIO’OO
114%
20-031
50%
21%
Wv
20--IS*
30%
94%
30 61
95 20
2d con.
95-15
Ill. Cent.
129-38
128
128-90
N. Y. C..
115-06
114%
11530
Heading
20 214
49-..S
25-394
Ont.W’n
21-84
21-87
8t. Paul.
100-49
21',.
99?4
9987
50%
21%
99%
20 63*
21-74
10030
00%
21%
99%
21 02
ICO'10
21-09
5o%
21%'
99-77
90%
..
Rxch’ge,
cables.
*
4-8 Vi
4*86
4 "86
4-80
4-80'.j
Expressed in tlieirNe-w York equivalent,
i Reading on basis of $50, par value.
Money remains in abundant supply on call, and there
are no present indications of
the activity usual at this
season.
The movement to the East and to Philadelphia
appears to be at an end, but the West and South continue
to draw upon this centre quite liberally.
Out of the 32
bonds
in
millions
embraced
the 121st call, the redemptions
to October 11 amounted to $23,<3ff0,300, and it is now
reported that the Secretary of the Treasury contemplates
making another call for the 3 per cents early next week.
The following statement, made up from return's col¬
lected by us, exhibits the week’s receipts and shipments
of currency and gold by the New York banks.
a
and
on
decline
business and the assertion (yet
to be verified) that they were so unsatisfactory to some of
the lines that an appeal would be taken to the arbitrator.
On Wednesday, and again on Friday, there was a sharp
percentages on east-bound
decline in the Texas
& Pacific securities, because it was
reported that holders of the income bonds, upon which
has not been paid for the last two years, had
demanded payment and threatened legal proceedings in
case
of further refusal, to pay.
The decline in Texas
& Pacific stock unfavorably influenced the other South
westerns, and the shortage in the present year’s yield
of cotton was also used against these stocks and against
the stocks of Southern roads.
New York West Shore
& Buffalo bonds have exhibited marked strength during
the week, owing to reports of purchases for European
account, and also because of the transfer of coupon into
registered bonds, indicating domestic investments in them.
For two or three days the market was turned upward during
the last hour of business, showing either that the speculators
for a rise were yet in control, or that their opponents were
fearful that a sudden advance might be made.
The trading is still confined to the professionals, ther.e
being scarcely anything to encourage outside speculation.
Even an upward movement sustained by manipulation, if
interest
October
possible in the existing condition of the market,
while it might entice the unwary, would not give confi¬
dence, since the belief is pretty general that the leaders
are heavily loaded and have no interest in
the market
except to dispose of their holdings. Confidence can only
be restored by publication of truthful and prompt reports
of earnings, gross and net, and of financial condition, and
GROSS EARNINGS AND MILEAGE IN SEPTEMBER.
such were
the properties in the sole interest of their
proprietors—the stock and bondholders.
by managing
England return for the week shows a Joss
of £492,000 bullion, and as there was a net receipt from
abroad of £31,000, the shipments to the interior must
have been £523,000. The proportion of reserve to liabili¬
ties was reduced 1 11-1G percent.
The Bank of France
lost 3,350,000 francs gold and 5,050,000 francs silver, and
the Bank of Germany, since the last report, exhibits a
decrease of 11,560,000 marks.
The following indicates
the amount of bullion in the principal European banks this
week and at the corresponding date last year.
The Bank of
Oct.
Oct. 12
11, 1883.
1882.
,
Gold.
Silver.
Gold.
Silver.
£
£
£
£
Bank of Germany
21,194,01S
38,828,475 40,808,786 39,150,700 45,196.591
6,389,500 19,168,500
6,694,500 20,083,500
Total this week
68,786,884 60,892,286 66,734,218 61,365,091
Total previous
69.557.109 61,527,296 67,301,811 64,309,772
23,263,909
England
Bank of France
week
of road.
1883.
Burl; Ced. Rap. it
No.
Consisting of—
Date.
Duties.
Gold.
Oct.
“
5...
*
$309,544
276,551
436,660
769,742
424,289
345,199
6...
“
8...
“
9...
“
10...
"
11...
Total.
56
76
01
60
31
70
$2,561,987 94
U. S.
Gold
Silver Cer¬
Notes.
Ccrlif.
tificates.
$17,000 $206,000
10,000
193,000
16,000
19,000
325,000
12,000
28,000
647,000
$73,000
63,000
77,000
82,000
13,000
16.000
342,000
54,000
14,000
22,000
274,000
35,000
$14,000
5,000
$384,000
$
260,357
Chesapeake it Ohio*.
252,707
221.413
Eliz. Lex.it Big San1
Chicago it Alton
Chic, it Eastern Ill
Chic, it Gr. Trunk •...
Chic. Milw. it St. Paul.
Chicago it Northwest.
Chic. St. P.Minn. itO.
Cliie. it West Micli.y'..
Cin. Iml. St. L. & Cli j
Cin. Wash. Sc Balt
Cleve. Ak. it Col
Denv. Sc Rio GrandeT
Des Moines it Ft. D.*
51,217
902,955
33,364
912,692
172,215
201,451
1,950,710
Central Iowa
.
Detroit Lans’g Sc No..
Eastern*
East Teun.Va. it Ga..
Evansv.itT. Haute*.
Flint it Pere Marq.
Flor. Cent, it West’ll
Grand Trunk of Cant..
.
Gr. Bay Win. it St. P.
Gulf Col. it Santa Fe*
Hannibal it St. Jos...
Illinois Central (III.)..
Do
(Iowa lines)..
Do
(South, uiv.)
Ind. Bloom, it West...
Kan. C. Ft. S. & Gull'...
Lake Erie it Western.
Little Rock it Ft. S...
Little Rk. M. R.&Tex.
Long Island
Louisville it Nashv...
Marq. Hougli. it On*.
Memphis it Char’toti.
Milw. L. Sh. it West..
Missouri Pacific..
Central Branch.
lnteru’l it Gt. No...
Mo. Kan. it Texas..
St. L. Iron Mt. Sc So.
Texas it Pacific.
Mobile it Ohio
Norfolk it Western..
Shenandoah Valley.
Northern Pacific
Ohio Contra!
....!
Ohio Southern
i
Peoria Dee.it Evansv.
Rich, it Danville
Cher. Col. it Aug.*..
Columbia it Gr’v*..
.
...
Virginia Midland*..
West. No. Carolina.
Rochester it Fittsb...
St.L. A.itT.II.m.line.
Do do (branches).
St. Louis it Cairo*
St. Louis it San Fran..
St Paul it Duluth
j
St. Paul Minn, it Man
Wab. St. Louis Sc Pac
j
155,537
256,959
2,221,000
2,567,900
523,300
96,612
Grand total
+ 55,508
+ 270,290 j
+ 14,859
+ 1,100 |
+9,531
—
+ 4,103
+ 22,800
+ 5,194
+ 13,230
i.OOO
595,200
29,768
152,632
244,327
385.085
50,878
188,277
292,965
125,034
92,2 tO
146
347
234
2,322
2,322
1,855
225
+ 31,950
-8 14,345
+ 36,790
534
225
482
292
919
402
-4,893
+51,572
+ 19,806
+ 22.745
+ 1 (•, / 3 /
-
1,114,512
110,514
—19,464
+ 22,185
+ 9,106
+ 143,326
+ 44,928
8 4,474
83,012
801,416
100,249
—63,114
+ 116,684
+ 45,914
+ 50,728
+ 26,142
+ 40,397
+ 27,971
+ 437,162
72 4,160
473,240
157,879
232,774
63,714
772,838
119,377
16,686
+ 1.312
—
38,511
+ 7.051
+ 21,711
65,524
362,292
3 40.581
§32,923
§28,331
§26,025
§34.552
§ SO,02 5
5
§60,837
27,172
32,502
131,033
83,734
27,629
33 6,8! >41
46,241
83 309
126,170
79,57Ol
29,400
376,5761
131,681!
+4,592
+ 8,527
+ 19,788
+ 19,069
+ 50,807
—4,883
j 1,682.3821
292
928
402
578
684
386
189
385
163
170
352
352
2,066
2,023
103
330
326
996
385
825
103
330
276
996
383
775
1,386
1,296
684
362
151
385
168
170
795
1,487
1,412
528
502
239
528
423
239
2,365
1,298
212
128
254
757
337
294
353
190
212
128
254
757
30 3
294
353
190
108
195
121
146
664
20S
195,
138
116
730
208
-54,972!
1.324
+
3,518
54,801'j
578
905
304
-4,164!
+ 1.7711
+ 39.772f
+ 11,466!
120,2151
832,7761
1,020
3,423
•2,007,660:51,730 47,259
551,013!
5»i,80oj
3,822
+ 373
+ 1,968
+ 12,732
+ 190,688
267.706
.
1,160
+ 17,417
+ 6,000
+ 45,113
—
391,245
618,701
91,685
1,302
1,123
24.938
1,210,000
102,691
39,823
72,575
386
363
281
144
—4,723
26,906
280,438
1,305,20a
91,050
106,659
92,118
944,742
145,177
184,021
273,171
1,070
410
363
281
144
55,601
187,440
23.793
1.486.229
34.831
13 4,349
247,363
152,196
43,401
328.131
735,385
770,104
529,968
1,170
+1,570
148.374
43,774
512
130
847
240
335
4,383
3,374
+ 64.727
102,339
75,509
3,101
4,550
242,757
284,075
2:3,159
335,617
659
983
276
3.771
320.358
655,093
193,170
1882.
110
225
283
900
146
347
234
.
691,883
401
3,003
512
130
847
240
335
‘
139,402
33,026
166,299
261.708
690
1,931
143
225
283
24,574
204,863
29,793
1,531,342
14,971
+3.923
5
618.000
[ 23,075,970;
-9.737
-16,678 !
201,929
| 27,494,170| 23,486,510!
Oregon R’way &Nav.|
+ 17,853
87.0S1 f
190.723
205.852
54,109
!
—184,445
+ 31.294
522.200
175,752
777,8<'4
1,737,132
—1,032
+214,865
+2,827
2,553,041
Mileage.
| 1883.
$
489,122
Central Pacific
Total
RAILROAD EARNINGS IN SEPTEMBER, AND
FROM JANUARY 1 TO SEPTEMBER 30.
1S82.
115,651
2.311,000
Canadian Pacific
.
$74,000 $112,000 1,992,000
Increase or
Decrease.
261,439
274,257
112,824
2,495,445
...
Assay Office paid $81,105 for domestic and $246,*
000 for foreign bullion through the Sub-Treasury dur¬
ing the week, and the Assistant Treasurer received the
following from the Custom House.
The
j
Gross Earnings.
Name
Kentucky Central
Eank of
387
THE CHRONICLE,
13, S863.J
+30,787 j
26,037,523! + 2.038,4171
*
Three weeks only of September in each year.
t For t lie four weeks ended September 29.
Railroad
earnings continue to record improvement. Our
September shows results in the
aggregate much the same as in August, there being a
gain of somewhat over two million dollars on the total of
a year
ago, and the ratio of increase standing at about 8
In September, 1S82, the gain was 14 per cent,
percent.
and this was on earnings of 1881 16 per cent above those
of 1880, which in turn were 22
per cent above those for
1879, so that there has been no break in the upward
movement for several years.
General business was of
only moderate proportions this year—and this must have
affected the volume of general and miscellaneous freight—
but the grain movement was large, and the cotton move¬
§ Freight earnings only.
11 Not including the lines in Utah.
statement for the month of
Northwestern roads, it will be
seen,
make
a
less favor¬
able
showing this month than in the month preceding,
but
it
should
be
remembered
that
these
roads
had
gain in earnings for the month, as
given above (S per cent), is not quite equal to the ratio of
gain in mileage, but it is scarcely to be expected that new
mileage should yield a very heavy business at the outset.
The following table
gives earnings and mileage of each
exceptionally heavy earnings in September a year ago.
Further, it should be said of the Northwestern roads, as
well as of those in other sections, that they all had one
disadvantage this year, namely, a smaller number of
working days. September, 1882, had only four Sundays ;
September, 1883, had five, which left 25 working days,
against 26 in 1882. The importance of this extra day
will be readily seen when we say that in the case of a road
like the Chicago & Northwestern it means a difference
of fully one hundred thousand dollars in receipts, the
average daily earnings on the Northwest being over that
amount.
This loss of a day this year did not come in to
disturb the comparisons until the last week of the month,
and hence it was that the fourth quarter made so much
less favorable ail exhibit than did the previous quarters
of the month.
Despite this drawback, however, very
satisfactory gains in earnings are reported by the roads in
the Northwest.
The St. Paul has a gain of $270,200,
after having gained no less than $306,000 in 1882 ; the
Northwest gains $15,000, after having gained $260,000 ;
road this year
and the St.
ment also
was
above that
of
18S2.
In the
case
of
some
roads, the quietude of trade seems to have brought with
it a decrease in
passenger business, but this may be only
temporary and exceptional, and, besides, it should be
remarked that there
warrant any
not sufficient details
yet to
general deductions therefrom, the number of
are
as
companies giving full particulars of receipts being very
small.
The ratio of
and last.
i
Paul & Omaha records
a
nominal increase.
THE
*388
after
CHRONICLE.
having gained $150,000, or over 40 per cent, a year
the basis of one less working day in 18S3.
Among other Northwestern roads the Burlington Cedar
Rapids & Northern has a small decrease ($1,000) after
quite a large increase in 1882 ($40,000). The Central
Iowa, with materially enlarged mileage, adds only
$2,827 to its earnings of last year, though its receipts
then were not more than about 13 per cent above those
of the year before. The St. Paul Minneapolis & Manitoba,
which of late months has been showing such a large
falling oil in earnings on account of the loss of the con¬
struction traffic of the Canadian Pacific, and also on
account of the diminished immigration to that section of
the country, this time exhibits a much smaller decrease
—in fact, the falling off is less than $55,000, though the
gain in 1882 was $347,000, or over 70 per cent.
The lines running south and southwest from Chicago
exhibit in a number of instances smaller totals than in
1882, and on such roads as the Chicago & Eastern Illinois
and the Evansville & Terre Haute, as well as others, the
reason, no doubt, is found in the failure of the wheat
crop in Illinois, Indiana and the whole of that territory.
ago—all
on
[Vol. XXXVII.
also
gain in the corn movement at
St. Louis, Toledo and Peoria (the latter accounting very
likely for the gain in the earnings of the Peoria Decatur
& Evansville), but the aggregate of these is very small
alongside that of Chicago. It is to be noted, too, that the
receipts of oats are increasing quite rapidly (Chicago and
Peoria being the points of chief importance in this
table.
There
was
a
respect), and that this cereal is playing a bigger part in
the grain movement than heretofore.
The roads that make perhaps the best showing for
September are those in the South and Southwest. These
roads, as a rule, had quite large gains a year ago, and the
additional gains which they report this year are the more
noteworthy for that reason. Chief among them is the
Louisville & Nashville, which records an increase of
$190,688, after having gained $163,000 in 1882. The
East Tennessee gains $65,000 in addition to the $24,000
gained in 1882, and the Norfolk & Western gains $40,000,
after having gained $12,000.
Both these latter roads
have increased their mileage this year.
The St. Louis &
New Orleans (Illinois Central Southern line) improves
$51,000 on its earnings of 1882, but we have no figures
to
The main line of the Illinois Central has an increase of
compare with for 1881.
The road delivered 14,342
bales
cotton
of
at
New
Orleans
in September, IS S3, and
about $37,000, but this line, unlike the Chicago & Eastern
Illinois, had no gain of any consequence a year ago. The only 8,343 bales in 1882. Larger cotton receipts also
Chicago & Alton, which runs both to St. Louis and operated to swell the earnings of the Mobile & Ohio,
Kansas City, has a small loss, but this is after a very which gains $26,142 this year, but lost about double that
heavy gain ($138,000) in 1882. The Hannibal & St. j amount in 1882. The Memphis & Charleston has swelled its
Joseph, which forms part of a line to Chicago, makes a ! earnings in the sum of over $22,000, though its loss in
gain this year, and had one last year. The Wabash also 18S2 was less than $7,000. The Richmond & D mville lines
records improvement this year, though only in small also do well, while the Gulf Colorado & Santa Fe down in
amount, after having gained $192,000 in 1882. The road Texas keeps making handsome gains. The Gould South¬
has Toledo astone of its termini, and probably shared in western lines are particularly conspicuous for their favor¬
The Missouri Pacific last year enlarged its
the increased movement of wheat to that point, besides able results.
bearing no doubt some part in the gain in corn shown at earnings some $176,000, and this year contributes
Chicago. The grain movement at the different ports this $143,000 additional in the same direction. The Missouii
year
KKEEIPTS OF Ff.OITR AND GRAIN'
1883
1882
MiPkec-1883
1882
St. I/if}—
1883
1882
Toledo —
1883
1882
Detroit—
1883
1882
Clevl’d —
1883
1882
Peoria—
1883
1832
Dp.lut h —
18s3
1882
..
..
..
..
..
..
Flow-,
Wheat,
Corn,
bbls.
bush.
bush.
bush.
198.953
L91,94.7
3,072.443 10,622,989 4.411,217
1,530,177 4,485.031 2,674,4 44
Barley,
bash.
20-
Rye,
bush.
776,717 1,025,841
555,162
305,265
549,496
511,741
53,410
53,450
137,445
214,700
599,931
499,627
33,328
32,475
2,135,292
2.397,770
930,498
120,085
644,77(5
481,187
186,9 14
89,69 i
79.982
250,111
17,089
3,097
3.042,905
2,711,420
591.162
161,638
740
49.029
359,187
170,933
2,912
23,632
179.070
183,522
15}
..
..
..
..
,995
61 112
1 2,277
784,652
91,434
870,363
25,320
353,393
143,778
13.645
15,07 <>
9.314
373.100
4.400
500
191,218
41,000
5,500
71.100
3,009
47,180
1,000
1,000
851.040 1,502.005
374,800
742,100
78.000
35,800
158.025
..
..
..
..
..
FOR FOUR WEEKS ENDED SEPT KM HER
Oats,
CliieVo—
Kansas
and last, compares as follows.
4.077
28.545
5,194
30,200
131,000
17,200
1,240,011
42
18,102
39
78,950
1,577
86.393
1,32 1
Tot.of all
1833
700,781 11,820,201 13,267.920 7,283,811 4,600.377 1,346,705
502.503
18-2
070,1 15 11.679,2 Id 5.423.973 4,174,622 1,202,327
812.859
032.083 4.924.735 1 4,896,784 3.40S.889 1.55 1,582
1831
..
&
Here
we
about the
see
same
total movement of wheat was
1883 as in 1S82, but that the move¬
that
in
the
varies. Chicago loses quite a
little, and St. Louis also loses some, to be ascribed no
doubt to the smaller crop of winter wheat this year; but
ment
at
individual ports
records
$1 16,000 increase this year,
$69,000 last; the Iron Mountain $46,000, besides
$15,000; and the Texas & Pacific $57,000, besides $128,0C0.
The International & Great Northern is the only one
besides
the Gould roads that has fallen behind, and this
records a decrease of $65,000, which, however, is much
smaller than the gain in 18S2, the latter having been
about $114,000.
The St. Louis & San Francisco, which
may also be classed as a Southwestern road, has further
augmented its receipts about $40,000 this year, after
having augmented them $57,000 last year. As the cotton
movement plays an important part in the business of
many of the Southwestern and all the Southern roads, we
give below the receipts for this and last September at the
leading Southern outports. The contraction at Mobile, it
should be said, does not reflect the result on the Mobile &
Ohio, which really carried more cotton this year than
last, but rather the falling off in the Mobile & Mont¬
among
..
..
Texas
gomery
division of the Louisville & Nashville.
RECEIPTS OF COTTON AT SOUTHERN PORTS
Galveston
bales.
Indianola, Are
...
1833 AND 1882.
Difference.
1833.
1882.
71,830
3,359
73,730
4,654
6
45,933
Dec....
1>ec....
Inc
22,Sj4
Dec....
751
312
84,018
82,713
1,344
53,470
Inc
Inc.....
Dec....
4,262
12,359
New Orleans
Mobile
Florida
Savannah
IN SEPT,
....
....
1,909
1,295
18,324
10,445
439
1,335
noteworthy gain, its
610
Brunswick, Are
Inc
9,971
63,4 11
Charleston
receipts for the four weeks of 1883 reaching 1-t million
602
Inc
24
626
Port Koval, Are
1,353
Dec....
9,346
7,993
Wilininjrton
bushels, against only 124,000 bushels in 1882. The corn
101
Dec....
436
335
Moreiiead City, Arc
Inc
1,063
19.714
20,777
movement (all ports) is two and a half times as large as Norfolk
4,447
luc
4.567
8,984
City Point, Arc
in 1882, and of course Chicago gets the greatest part of
20,433
Inc
319,061
Total
339,499.
the gain.
This increased movement of corn at Chicago
Among the Pacific roads, the Canadian and Northern
was
quite a feature this year with many Western
roads, but the roads that must have been chiefly ben- Pacific, under increased mileage, continue to record large
efitted by it, like the Burlington & Quincy, are not in our gains in earnings.
The Central , Pacific, on the other
Duluth
on
the other hand
makes
a
..
....
....
....
....
....
October 13,
THE
1883.]
CHRONICLE.
Net
earnings for August and the eight months to
August 31, are pretty generally favorable. As in the case
of gross earnings, Southern roads seem to occupy a lead¬
ing position in recording improvement on a year ago. We
have the Louisville & Nashville, the Chesapeake & Ohio,
the Elizabethtown Lexington & Big Sandy, the Kentucky
Central, the Norfolk & Western, and the Shenandoah
Valley, and these ail make excellent exhibits. Then the
Cnicago Burlington & Quincy in the West, under a heavy
corn traffic, continues to swell both
gross and net earnings,
while the Atchison Topeka & Santa Ee in the Southwest
keeps reducing expenses very largely and augmenting net
in a corresponding ratio.
The Pennsylvania, too, has a
very good statement this time, and in general it may be
of $184,000, which however still
leaves a good part of the gain made in 1882, when earn¬
ings were $310,000 above 1SS1.
The Union Pacific
figures are withheld.
As to the east and-west trunk
roads, we have none of the principal lines in our table,
hand, has a decrease
Trunk of Canada makes a moderate
The Lake Erie & "Western, which is affected
the Grand
but
increase.
of trunk line traffic, has a small decrease,
by the course
The Indiana Bloom¬
quite an increase in 18S2.
but had
ington &
Western has a small gain, as it also had a
From Baltimore we have Mr. Garrett
reporting larger earnings in August than ever before on
year ago.
the Baltimore
this
& Ohio, and earnings but little smaller than
said that
during September.
very
of the year our table makes and
The aggregate gain reaches about
good exhibit.
earnings of all roads that will furnish monthly
publication.
net
exhibits for
1million dollars, which is equivalent to an increase
GROSS AND NET
14 roads recording a decrease,
and 51 an increase.
The heaviest decrease is made by
the Central Pacific and the Marquette Houghton & Onton¬
agon.
The heaviest increase, aside from the large aug¬
mentation in receipts reported by the Canadian Pacific
and the Northern Pacific, and excepting the Milwaukee & i
St. Paul, which leads all others (having a gain of nearly |
millions)—the heaviest increase on any roads as a class ;
of 9 per
on
occurs
There
cent.
those
table contains very few roads that have not
a year ago.
The following gives gross
our
done better than
For the first nine months
a
389
are
of the South and Southwest, namely?
Nashville, Missouri Pacific, Kansas & Texas,
Texas & Pacific, East Tennessee, &c.
The following is
our usual table, giving full details.
Louisville &
GROSS. EARNINGS FROM JANUARY
1 TO SEl'TKM BER 30.
J
j
Name.
Road.
Chesapeake A Ohio.*....
Sandy
Chicago A Alton
Chic. A Eastern Illinois
Chicago A* Or. Trunk)
Chicago NIilw. A- St. Pan
Chicago A Northwest......
Chie.St.P.-Minn.A:* >maha.
Chicago A: West Mich*...
Cin. Ind. St. L. A Chic.*.
Cin. Wash. A: Baltimore.
Clove. Ak. A Col
Denver A Rio Grande
Des Moines A Ft. Dodge*
Detroit Lansing A No
East Tenn. Va. As Gil
Eastern*
Evansv. Ac T. Haute*
Flint A Here Marquette..
Fla. Cent. A Western*..
Grand Tr. of Canada!
Green Bav Win. A St. P..
Hannibal & St. Joseph...
Ill. Central (Id. line)
Do
(la. leased lines).
Southern Division
Indiana Bloom. A West.
Kan. City Ft. S. A Gulf*.
Little Rock A Fort-Smith
Little Rk. M. R. A Tex...
Long Island
Louisville A Nashville..
...
Marq. Houghton A Out.Memphis As Charleston'...
Milw. L. Shore A West’ll.
Missouri Pacific
Central Branch
Int. A Gt. North
Mo. Kansas a Texas.
.
St. L. Iron ML A So
Texas A Pacific
Mobile A Ohio
Norfolk A Western
Slnnadoah Valley
Northern Pacific
Ohio Central
Ohio Southern
Oregon Kailwav A Nav..
Peoria Dec,A Evansville.
Richmond A Danville...
Chari. Col. A Aug.*
Col. A Greenville.*
Virginia Midland*
West. Nor. Carolina
St.L.A.AT. II. main line
Do
do (branches)..
St. Louis A Cairo*
St. Louis A S. Francisco
St. Paul A Duluth
St. Paul Minn. A Man...
Wabash St. JU A Pac
Total
„
1332.
Increase.
Decrease.
*
&
$
*
2,120.800
i)l 4,781
.848.1 12
00,000
13,17 4,3 41
2,7(50.520
507.110
19.07*),021
2,318,773
338,705
6,301,207
1,228,140
2,1 10,321
5,005.840
1,300,710
1,541,234
1 0.501.000
14,008,004
17,130.801
3,533.30 1
18,020.00
»
3,812.021
1.1 17,220
1,772,720
1,383,024
300,802
1.0 44,301
1.837.8721
228,107
1,108.002
2,805,7 23
1,274,014
307,009
4,702,700
248,4 42
1,173.072
2,203.003
2,045,053
2,474 248
520,437
039,100
1,55 4,273
281,812
12.008,025
4,700.500
1,851,751
200,780
12,078.0 17
282,171
1,800,834
4.8-0,005.
1,118,015
2,801,107
2,217,3 8
1,321.110
357,8 s 1
250,28 1
2,1 18,155)
10,050,48(5
058,573
802,250
735,108
0,775,553
272,005
1,014.303
5,120,008
1,407,717
2,200,005
1,007.700
1,100,521
299,308
130,357
1.950,587
9,030,310
924,328
725,0S«J
031,330
t
ilit
108,31
>
578.090
2,192,930
581,04 4
278,027
72,833
189.0: (>
10-1.968
Butlalo X. V. & Phila... lss:{
1882
Do
do
200,0.' 0
120,060
232,163
116,5)04
& No...1886
109,880
1 S82
232,022
221,921
1883
1882
3.81,716
381.431
Law. &
•
do
Burl. Cedar
Do
flap.
do
Chesapeake & Ohio....
Eli/. Lex. & Big San. .1883
1882
Do
do
Chic. Burl. &
'Do
Connotton
Do
Quincy.
,
do
Valley
do
Des Moines & Ft. 1)
Do
do
........
207.48 1
8.077
900.122
10,106
225,171
ii.io's
13(5,270
101,132
1,1 15,812
422,177
258,627
1,003.504
1,309,475
1,071,120
010.0 40
G 557, / 5 4
4,853,137
785,882
740.040
38.033
301,000
200,4-0
3,771,244
580,503
32,510
103,958
2,550,290
100.078
435,141
150,733
04.50::
........
-
204.347
12.790
2,550,903
172.185
741.080
192,342
0,118,304
12,285,011
208,831,875 191,001,073 19.945,030
January 1 to September 29.
........
1,709.3671
! ,711.097
407.091
507,032
7(50,717
172,81 (
40.265:
2.013,813
2,097,360
824,140
610,275
400,85)3
131.701
17,5001
300,401
91,096
7.463,093
1,11*8.52 7: 1,294,597| 10.720,0.32
1)7(5,2(56 1,110.592 12,867,479
24,174'
188^
1883.
3
1.8.219
1882
28,242
18.57(5
20,99(5.
(551
73,710;
4 4 001
3 5,4 0
57.5(51
40,2(5“
1Ss3 1,231,1271
1382. 1,013.012;
716 113
09(5,220
531 981
3 4 7,(592
-13-.S33
115,62 i 1
2,0815,858
19.259
',71*5
102.1
9.86U
7,24*5
122,87 S
106,540
.181-3!
92,146;
50,652
(
1882;
60,090
j
1SS3}
587.272
50,298
307,062
i
280.210
1882i
025,970
294,324
j
331,01(5
Ogdensb. & L.Ch inipl’n.1883;
(57.700
68,800
44, tOO: I
23,(500
do
Do
_
N o rth e r n Ce n t ra 1
Do
do
Do
1882!
do
Oregon Improvem’t Co. 1883;
1882
do
Penn, (all lines east
Pitts. A Erie)
Do
do
of
47,100l|
241.462
366,707
270,8 pj
5,752.290
16,324>:
2(51,711:
222,1(5L
|
107,071 !
I
1883; 4.775.380 2.632,753
1882' 4.(571,179 2.(538.319
:
1882;
383,890
420,329
247,719 !
233,911 1
Philadelp’a& lteadinut. 18s3j
3 538 033
Phila. .fc Erie
Do
32,794
9,792
15 Is, 129
223 SWS
8,701.286
8,228,57(5
1,(590,33.3
1,43s,600
027,3(54
42.87 0
4)0,008
3,437,439
3,641,798
737,741
601,823
97,332
231.072*tef.20,413
4.006.410
3,65)8,210
1,034.393
1,358,920
2,088,122
834.321
2,019,526
685),886
21.700
125,245
103,173
2,142.622 33.208,909 12.101.182
2,032,860 31,471,176 11,870,075
1883;
do
5,700,607
133.637 10.477,605)
221.214 9,309,932
594,024
1,025,9.17 j
1,732,468'
1,393.994: |
93.58(5
120,877
46.4"S(; 1
47.087
703.100
59,792 ij
(51.0-.5
1,011.609
9(5,146;
119,510
10S'.2.)6
871.988
do
1882
Ft ill Central
Do
1883
do
1882
mmmmomm
........
1,<5I1).(»1):|!
1.8(5(5,105
1,615,208
171,193
181,790
Do
West
1883
Jersey
do
Do
1832
89,1)5
920,908
7,5)80,747
278,(51!)
64.30(5
106 887
62,870
118,921)
215.98-5
199,21(5
bf
778,5(02
3s1,106
591,343
371,034
360,097
30.
Jan. 1 to Sept.
September.
........
943607
2,022,699
1,91.8.942 17,482,5(87
950,086 13.033,948
1,975.993
Rome Wat. & Ogdensb.. 1883
•
2,606,160,
1882;
do
........
100,603
136.171
186.418
Phi la.& Read. (\* Iron.1883
Do
do
1882
Do
........
Name.
230,373
Gross
\l)perating\
Net
Earnings] Expenses.\ Earnings.
........
*
........
205,755
!
*
;
15
,
20.730
11.919
268.110
1,120,831
791,404
5(6,010
30,800
316,716
215,(5(511
1882
340,5.81.
185,998,
West. Nor. Carolina..1883
Do
do
1SS2
46,211
27.172!
25,5111
1;V-2;f_
Gross
........
........
........
Uhieratinijl
Earningh Expenses.'
........
■egon &
Do
California
...
do
1KK3
*87,000
2,506,296
173,613
Jan. 1 to July
July.
Name.
$
2.716,5(74
234,297
362,292!
_
*
14 -,631
151,583
551,013
do
Net
1,876,833
1,343,216
317,800
581,800,
Gross
Earnings. Earnings
3,870.202
3.771.244
264.000
Oregon R’y & Nav. Co.1883
Do
do
1882
Richmond & Danville. ..1883
Do
*55,400
31.
Net
Gross
Net,
Earnings
Earnings
Earnings
*31,600
*023,212
*114,281
1.S82
........
iiw.iiuiim/ Cimtril nt
\cw .1 rwsev for .1 line. .1
........
BRITISH TRADE AND
17.770,302
eacli year,
The Jordan Canal
........
ulv and
andotle River,
’list in 1883.
THE SUEZ CANAL.
scheme, to which attention was called
couple of weeks ago, may now be
regarded
thing of the past. The article in B/ackwoods Magazine was its death sentence.
Up to a certain
:::::::: date it seemed to be
winning its way into popular and
31,077
30,859 even
imperial favor. Now, on all hands, it is pronounced
visionary, ruinous, impracticable. The Euphrates Valley
186,139
scheme, attractive enough in many respects, labors under
167,784
the one serious disadvantage that it is off the beaten track
2174,237
of commerce.
It is bad for any enterprise when it does
not offer immediate returns; and this, fortunately or unfor........
58.021
075.7 80
173.013
035,930
3(5,701:
1
72.637
70,212
131.427
202,075
323,003
1,704,317
82,037
44,095
509,077
277,143
2,723,088
934,328
35.56(5
70*\090
110,090
110.SO •
1SS3j
1,012,789
450,230
4 41,553
1,039,775
5,032,725
12,117,227
980,100
75.831;
54.2(51.
535).003
4.821,040
........
1,026,170
1.110.0. )2
1,00s,008
........
154,589
........
208,(510
3,015.430
1 ,0* 1,(580
18821
Norfolk & Western
do
Do
Do
310,048
58,510
75,924
101,572
*220,991)|
s
168.036
91,35)9
40.41)8
20,128
18>2:
Louisv. & Nasliv
Do
do
149.709
s
1883
.1883!
do
60,069'
Net
9.100,5)25)
9,206,01 I
2.4115.124
501,742
3.438,032
3.875,202
528,482
2,710,074
532,273
485,048
1,132,510
203,115
Do
612,110
80,470
G ross
700,82s
63*9,002
1883
ls>2
........
20,245
5,010
4,150,821
295.380
........
65,152
632,000
170.815
.
do
Do
$
*
508,072
.
........
108,980
32,1: >3
33,701
Earnings Earnings
1883
13s2
Kan. City
Do
Shenandoah Valley..
........
G ross
Net
Operating;
Earnings Expenses. Earnings
*
78,567
5,050,7 41
033,012
2,403.470
4,373,78 4
5, l 40,003
luues tluer weeks only of September m
447,747
Jan. 1 to All ;. 31.
1,-6:5,900
1,251,6(52
901.280
1.050,0-0
2.002,100
5.353.88 1
5.582.10 1
Net lucrease
*
6,312
1,9-70.030
1,714,050
1,900,72 i
3,8 11,1(52
Burl. Cedar Ran. it No...
Canadian Pacihe
Central Iowa
Central Pacific
E!iz. Lex.A: Big
18 S3.
A iigust.
ihinta Fe...1 ss;{
1882
do
&
Ateli. Top.
Do
Kentucky Central.
Name of
EARNINGS TO LATEST DATES.
in
these
columns
as a
a
390
THE
CHRONICLE.
[VOL. XXXVII,
tunately, is the case with the proposed route to India along stock, in spite of the conquest and virtual
occupation of
Euphrates Valley. Public sentiment again falls back
Suez Canal is French
property, and is controlled
upon the Suez Canal line; and the opinion gathers and managed in tho interest of
France, and for the benefit
strength that if the present canal cannot be made more of a French Company. The recent concession of two and
the
available for the purposes of British trade and the
general
interests of the British empire, the
remedy lies in a rival
canal in
the
immediate
neighborhood and solely under
British control.
The London Times, which usually reflects
the sentiment of the moneyed and conservative
classes,
comes out
strongly in favor of a rival canal. “We shall
be greatly surprised,” says that journal, “if the result of
the holiday meditations of the ship-owners
and the public
of England is not to confirm them in their demand for a
new canal under
English control, and if the Government
does not ultimately come to see that in this manner
only
can the
question be solved.”
half francs per ton on ships in ballast has had
little
effect.
The Times seems to strike the
keynote
a
says
that the only solution is
when it
canal.
fgtonef argi Commercial ^uglisTt Hems
BATES OF EXCHANGE AT LONDON AND ON LONDON
•
AT LATEST DATES.
EXCHANGE AT LONDON—Sept. 29.
On~
Time.
Amsterdam.
Amsterdam.
Hamburg...
Berlin
Since the time of the Draft agreement,
a new
healing
| EXCHANGE ON LONDON.
Latest
Date.
Rate.
3 mos. 12-4% 'cb 12*5
Short. 12-2*4 ® 12-314
3 mos. 20-62 '2)20-66
i i
2063 @ 20-67
ii
20-63 '2)20-67
Time.
Rate.
,Sept. 29 Short.
1
1210
’Sept. 29
20-42
20-42
20-42
11-90
1
.....
Sept.
Short.
u
29
which was the Frankfort...
;Sept. 29
Vienna
12-1114212-13% •Sept. 29
cause of so much
excitement, and which brought no little Antwerp....
25-5114225-5614
os.
st.P’t’rsburg 3
23%ft223%fl
odium on Mr. Gladstone’s government, many
23%
Sept. 29 Short.
fresh facts Paris
Checks 2525 225-30
Sept. 29 Checks
25-251.2
Paris
3
mos.
25-43% @25-4834 Sept. 29 3 mos.
have been brought to light, all tending,to show that the
25*26%
Genoa
25*50 225-55
Sent. 29 Short.
25*25
Madrid
457g240
47-10
Sept. 29
present state of things is not such as will long be found Cadiz
46 246is
1710
iSept. 29
Lisbon
5115i6252
53%
Sept. 29 3
compatible with the requirements of British trade. In a Alexandria..
ISept. 26
95%
4-82%
report drawn up by a naval officer who has made himself New York...
Sept. 29 Short.
Bombay.... GO d’ye
tel.trsf.
Is.
iSept.
29
ls.7»ied.
7193od.
familiar with all the details of the canal, and which has Calcutta..
Is. 7%(jd.
Is. 7i%pd.
Sept. 29 tel.trsf.
Hong Koug..
4
3s.
8%d.
Sept. '29
been submitted to the Admiralty, a
5s. l%d.
Sept. 29
strong case is made Simutrhai
out against the present canal and its
I From our own correspondent.!
management, the
London, Saturday, Sept. 29, 1883.
entire argument pointing in favor of a new canal.
Some
The Bank rate of discount has this week been reduced from
of the figures are suggestive.
Jt appears that 7,000,000 3>i to 3 per cent—a point
to which it might have been lowered
of tons annually pass through the canal.
Of these a fortnight ago. A downward movement in the value of money
7,000,000, not less than 5,500,000 are English. More than at this period of the year is of more than ordinary significance
four-fifths of the tonnage is English—that is, more than as the market is usually expected to advance in consequence of
the pressure of the autumnal demand for accommodation. This
four-fifths of the ships are English ships, manned
by Eng¬
season the discount
inquiry lias fallen away to a remarkable
lish crews, trained in English methods of
navigation, and extent, and is now
upon the most limited scale. The cause of
of course speaking the English
language. Yet the man¬ it is not difficult to ascertain, as the present contraction of busi
agement is absolutely and entirely French. The existence
of a few English officials in unimportant positions does not earlier in the year regarding the course of business in the
ii
ii
ii
....
....
in
t(
ii
ii
ii
ii
mos.
ii
((
......
ii
.
.
.
.
.
ii
.
mos.
....
“
—
,
affect the truth of this
general statement. The rules and
regulations, and the manner in which they are -carried
cut, constitute a fruitful and unending source of annoy¬
ance.
It appears from some published statistics that
United States.
The American failures have
evidently had
a
very adverse inliuence, and as some rather
have arisen here of late, business is likely
important difficulties
to be conducted with
excessive caution during the remainder of the present year.
Some branches of business, and especially the cotton depart¬
discrimination is made in favor of French steamers as ments, have been in a state of much
depression of late, and as
against British, and that while the French massagerie employers regard a reduction in wages as a necessity, the rela¬
steamers get through the canal in about 48 hours, the tions of employers to employed are not just now very satisfac¬
The question of a reduction in wages has brought
British steamers find it difficult to get through in 71. tory.
about a strike iu some districts, and business is, in consequence*
The pilotage also is complained of, only three of the 117
much interfered with. The iron trade, however, is moderately
pilots being British. Nor does the harbor system com¬ active, and other departments of trade, though quiet and, it is
mend itself to the British commanders.
The dues are said, unremunerative, are steady in tone. There now seems to
high and the police is defective. - Liquor, it is said, is too be but little calculated to influence the money market in either
easily obtained; and violence and robbery are frequent. direction for some time to come. The ease which prevails will
naturally affect the exchanges and will have no power in attract¬
It is easy to conceive that from such causes
annoyances
ing
gold from the Continent. Any additional improvement in
must frequently arise.
the position of the Bank of England may be regarded as doubt,
It would seem, however, that the general
management ful ; but, at the same time, the resources at the command of
of this canal is unsatisfactory from other causes.
Among the Bank are great, and are certainly fully adequate to all
these is mentioned the incompetency of many of the chief demands which may be made upon it. More than this is hardly
employes. For the special work in which they are desirable. On the contrary, it would indicate a better condition
of things if the distribution of unemployed money were to
.
engaged, they have had
asserted.
The
claimed that he
“
no
professional training, it is
Chef de Transit ” lives in Ismalia.
It is
assume a more
active form.
Although there has been
a
settlement in
progress
on
the
ought to live at Port Said. A difficulty Stock Exchange during the week, the demand for money for
arising at Fort Said between a ship's captain and the Com. short periods has been very limited, and the rate is only from
pany, is referred to the “ Chef de Transit ” at Ismalia ; 1% to 2/2 per cent on the best security. The discount inquiry
is very limited, and the rate for the best three months’ bills is
the “ Chef de Transit” consults the “'Agent
Superieur*-’
2/| per cent. The banks are now only allowing 2 per cent
at Cairo ; and in nine cases out of ten, the “
Agent Supe¬ interest per annum for deposits, but the discount houses have
rieur ” transmits the case to Baris.
The more thoroughly made no further alteration. The
proportion of reserve to lia¬
the working of the canal is understood, the more
bilities
the
Bank
is
now
at
hopeless
47?s Per cent, comparing with only
the English seem to regard the idea that a French Com. 39^i per cent last year. The total supply of bullion amounts
to £24,355,909, against £21,982,775, while the total reserve is
pany should ever be able to provide in a satisfactory man¬
£14,830,314,
against £11,543,900 in 1SS2.
ner for a trade which is almost
wholly British. In plain
The following are the quotations for money and the interest
terms, the British people have discovered that in spite allowed
by the discount houses to-day and same day of the
of the heavy investment made by the Government in Canal
previous five weeks:
October
THE CHROmCLJi,
1&, 1868,
E91
&
Interest Allowed
Open Market Rates.
s=
SQ
Au?.
24
4
31
4
7
4
Sept.
“
14
*»
21
“
|
Biink Bills.
e
$$
London
1
1
| Four !
Three
\
Trade Bills.
m
| Three
Six
for Deposits by
|
1
Four
|
Stock
At
Six
Months Months Months[Months Months Months
-j3fcs4 q ©iq
@4^|4J^@4%
3313431 4 @4 }4
4
|S11@431
i 33-1-33*5
3
3
3
3
331-33*5
3
j 334-331
3
—
Annexed is
7 to 14’
Call.] Days.
3%@ - 3>4@3%
3*4 3V^3>^ 3'A®3% 3V@4 3J4@4
3 @ --.3^4
3U5
8l4@3^:3J!@33!
3)4 2H®2% 2 @8*6:2263 “3 @8>6j2^@3« 3 @3«
3
2')63> —.2 >£© —.2 V^3 2)1@3J4 3 @3q
23
Disc’t ITses
Joint
■
23*5
234
23*5 2%-2[<i
2
2
2
j 231-231
1234-231
statement showing the present
a
position o f
Bank rate of discount, the price of
consols, the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair second
second quality, and the Bankers’ Clearing House return, com¬
pared with the three previous years:
the Bank of England, the
1882.
18S3.
£
1881.
1880.
£
£
£
buildings upon market lands of the corporation, which will
yield immediate returns in rentals, the construction of under¬
ground drains and the paving of the principal streets with wood.
Messrs. Ilollsbowe Brothers & French have issued
a
circular
showing the results of the working of 15 of
our principal rail¬
during the half-year ended June 30, 1883, compared with
the same period in 1SS2. The reduction in the dividends
paid
on
ordinary stock amounts to £103,014 for the half-year.
The gross receipts on 21 principal railways in the United
Kingdom during the week ended September 23—on 14,759£j
miles—amounted to £1,304,003, against £1,282,383 last year oa
14,569% miles, showing an increase of 189% miles, or 1*3 per
ways
cent, aud
increase of £21,620,
or 1*7 per cent.
receipts into the Imperial Exchequer from April 1
to September 22 were £37,49S,666, against£36,693,195 last year,
while the expenditure was £38,380,145, against £39,6S2,437—
an
The total
increase in the former of £805,471 and a decrease in the
an
latter of
£1,302,292, making a net gain of £2,107,763.
importations
of foreign wheat and flour are still very
24,470,1S5
15,377,851 large, and the cousequence is that our heavy stocks are well
18,611,369
14,336,314 11,543,900 12,508,691 16,178,671 kept up.
Compared with last year, however, they show a fall¬
ing
off
of
about
1,500,000 cwt. for the first four weeks of the
24,355,909 21,982,775 23,069,226 28,144,401
season ; but in 18S2 they were upon a
Proport’n of reserve
scale of great magnitude.
4734
39R>
41 q
to liabilities
50 % p. e.
The
deliveries
of
3 p. c.
5 p. o.
Bank rate
4 p. c.
wheat
have, up to the present
home-grown
2q p. c.
100 q
Consols
10110
97 70
99%
been
time,
disappointing both as regards quantity and quality.
41s. 9(1.
42s. Id.
48s. 54.
42s. 114.
Eng. wheat, av. price
5 Si 4.
Some of the wheat was harvested in poor condition,
Mid. Upland cotton..
7a.
67gd.
7716d.
owing to
No. 40 Mule twist...
10 %4.
9C24.
10qd.
loqa.
the
unsettled
weather.
That
portion.of the crop is being now
Clear’g-house return. 85,433,000 129,101.000 87,702,000 82,452,000
as no advantage is to be gained by holding it; but
marketed,
rate
and
The Bank
of discount
open market rates at the
farmers believe that during the winter months good dry English
ehief Continental citie3 now and for the previous three weeks
wheat will command a better sale and a higher price.
Those
have been as follows:
consequently, who can do so, are indisposed to sell just now.
20.
During the past week the trade for wheat has been very slow.
Sept 27.
Sept
Sep t. 13.
Sep t. (5.
Rates of
Millers fail to perceive that any rise upon current prices is pos¬
Interest at *
Ba ilk
Bank
Rank
■Rank
Open
Open
Open
Open
sible, and are, therefore, unwilling to increase their stocks.
Rate. Market
Rate. Market
Rate. Market
Rate.
Market
Prices, however, do not vary much, though the tendency is
3
3
Paris
3
3
296
214
214
-j 214
4
downward.
The average price for the present season is 42s.
4
3
Berlin
4
331
3;q
Frankfort
3
3'j
2T,s
o)i
per quarter, against 43s. 7d. per quarter last year.
Hamburg
34
2~A
3K
The following are the quantities of wheat, flour and Indian
*>1
33 4
Amsterdam
3'.j
u.q
334
314
33
3'4
Brussels
corn
estimated to be atloat to the United Kingdom, Baltic sup¬
3.1*
3!
S3*
m
‘3!U
331
3J-*j
33*4
5
5
5
5
5
Madrid
5
5
5
plies excepted:
4
4
4
4
4
4
4
Vienna
4
25,269,595
6,102,926
25,053,510
13,693,631
21,137,618
Circulation
Public deposits
Other deposits
Governm’t securities
Other securities
Res’ve of notes &coin
Coin and bullion in
both departments..
26.188,875
26,310,535
26,965.739
5,100,799
23,895,915
11,682,205
24,341,156
5,076,209
24,961,655
14,512,649
21,585,220
7,153,116
The
.
.
C
or /
** .4
—
—
{
—
—
—
—
'
<
i
St. Petersburg..
6
0
fl
0
In reference to the state of
0
the money
0
0
and bulli
on
At present.
0
markets*
Messrs. Pixley & Abell remark
Wheat
Flour
Indian
161,0 4)
309,000
corn
Annexed is
Gold.—A few orders for South America have been received this week’
and nearly all the bars that have arrived have been taken. The Bank
lias, however, a largo amount of sovereigns and other coin sent in since
our last, the aggregate purchase.* being '£314,000. £10,000 (-sovereigns)
have been taken out for Lisbon and £10,000 for Alexandria.
The
l*ekin” lias brought £5,700 from the East, the “Gart h Castle” £145,1 50
from the Cape, the “ Para” £ 10,000from the West, Indies and the “Ville
de St. Nazaire” £82.000 from Central America—total, £272,010. The
Siam” has taken £5,000 to Lidia.
Silver.—The market has again improved, and 50V1. has been paid,
with an otter of 50 15-lGd. tor immediate shipment; at this rate the
**
“
consignment by the “Para” from the West Indies has been sold The
the demand for India has
£17,000 from New York,
£16,000 from the Pacific and £22,000 from the West Indies—total,
£85,000. The Peninsular & Oriental steamer has taken £141,300 to
amounts to hand have not been large, and
been considerable. The arrivals cr.mpri.se
India.
Mexican dollars have also improved, and may be quoted 50*^1. per
ouuce.
We have received £13,<»00 from New York and about £12,000
are
Bar gold, fine—oz.
Bar gold, contain’g
20 dwts. silver..oz.
as
below
j
Price of Gold.
Sejit- 27.
reported
d.
s.
77
0
77
Sept. 20.
Sept. 27.
d.
d.
Bar silver, flne..oz.
y
d.
50 15-10
50>1
Bar silver, contain77 10VZ
77
10'xj
Span, doubloons.oz.
73
\)\4
73
034
S.Am.doubloons.oz.
73
83*j
73
S'4
!
Mexican dols...oz.
U. S. gold coin...oz.
Ger. gold coin.. .oz.
70
3J*:
70
33d j
Chilian dollars..oz.
_
ingSgrs. gold.oz.
Cako silver
oz.
51 5-10
513^
54 11-10
544
491*2
The National Bank of Australasia invites tenders for
Wheat
cwt.
South
Australian government
loan of £1,438,500 in bonds of £1,000^
£500, £200 and £100 each. The principal is repayable at par
on the 1st of April, 1918.
The minimum price is £98 10s. per
£100 bond. The loan is for railway and other works of utility
Barley
1,094.681
1,020,095
60,771
7,753.923
573j 8 7 0
1,1 SO,088
71,042
0 01,992
1,410,891
1,005.821
285,117
2,526,380
1,057,023
corn
necessity.
The Railway Debenture Trust Company, limited, invites appli¬
cations to an issue of £250,000 4/2 per cent debenture stock at
102 per cent, redeemable at par on July 1, 1911.
Tenders are invited by the Union Bank of Australia for
£200,000 4/£ per cent debentures of the Corporation of the City
of Melbourne, at a minimum price of par.
The principal pur¬
poses to which the loan is to be applied are the erection of
1831.
2 880.
4,63m, 295
109,633
1.277,826
7,540.094
1,303.060
43,487
206,275
2.729,418
899,206
61,745
115,902
4,314,876
854,966
626 079
SUPPLIES AVAILABLE FOR CONSUMPTION—FOUR WEEKS.
1883.
Imports of wheat.cwt. 6,309.238
1,057,029
Imports of flour
Bales of home-grown
2,837,500
produce
Total
10,203,767
-
1S82.
1881.
1880.
7,753,923
1,005,821
4,638,295
899,206
7,540,094
854,966
2,973,620
2,515,413
2,453,000
8,052,914 10,843,060
11,733,3G4
Av’ge price of English
42s. 04.
wheat for season.qrs.
Visible supply of wheat
int.heU. 8
bush.24,500,000
43s.
74.
52s. 34.
41s. 2d.
13,S0O,000
19,800,000
14,200,000
2,201,000
1,989,000
Supply of wheat and
flour afloat to U. K.
1,823,000
qrs
the
Iiome-grown wheat,
barley and
principal markets of England and Wales, during
first four weeks of the season, are shown in the following
sales of
in the
statement:
*
f.
1883Wheat
qrs.
Barley
* p;<a.
1882.
2l->2/3
31,409
145,120
13,433
10,286
11,315
AVERAGE PRICES FOR Till; SEASON
18S3.
1880
7
18.81.
s.
d.
52 3
36
3
21
6
34
4
22
5
23
5
21
8
Wheat.
43
Barley
32
6
Oats
21
O
Converting wheat into cwts., the following
kingdom:
'
totals for the whole
1883.
Wlmt
cwt.
2,837,500
141,523
2 *,808
10,586
(pOl’ qr.).
1882.
s.
d.
<7.
42 0
.v.
1880.
1881.
171,555
29,733 *
30,611
Outs
and
1882.
0,399,23S
Oats
Peas
Beans
Indian
Flour
oats
a
113,000
2 L7.000
IMPORTS.
1883.
The extent of the
I
1881.
1,945,000
return
.
Price of Silver.
Sept. 20.
s.
:
291,000
Lust year.
1,960,000
193,000
137,000
showing the extent of the imports of
produce into the United Kingdom during the lirst four
weeks of the season, the sales of home-grown produce, and the
average price realized, the visible supply of wheat iu the United
States, and the supplies of wheat and flour estimated to be afloat
to the United Kingdom, compared with the three previous year3:
a
Straits.
quotations for bullion
^
cereal
by the West India steamer ; a considerable portion of these had been
previously sold. The “ Indus” lias taken £101,500 to China and the
The
Last week.
1,6(55.000
158,000
qrs.l,742.000
are
8.
41
d
2
the estimated
*
-
1882.
1881.
1880.
2,973.620
2,515,113
2,453,OOo
CHRONICLE.
THE
392
|VOL. XXXVII.
r*r
Canadian Pacific.—The Manitoba
EugliMli Jlarltet Reports—Per Cable.
daily closing quotations for securities, &c., at London,
provisions at Liverpool, are reported
by cable as follows for the week ending Oct. 12:
The
and for breadstuffs and
Sat.
Silver, per oz
d.
Consols for money
Consols for account
Fr’cli rentes (in Paris) fr.
U. 8. 4*2S of 1801
U. 8. 4s of 1007
Chic. Mil. & St. Paul
Erie, common stock
Illinois Central
N. Y. Ontario & West’ll.
50l~,pi
lOOl^ie
Pennsylvania
Philadelphia & Reading.
New York Central
50*5,
50*516
(.
100
101 *8
7 / b)
1 17 *8
123 78
103
MI *4
132 *4
22
61 *2
26
ns *4
un-Ha
77 73
1 1 7*8
12 r-h
10 5
«>
13 2*4
o
2*4
*3
26 *4
11 8*4
6 l
Wed.
Tues.
Mon.
London.
Thurs.
Fri.
50 78
50 15if>
50i5.G
100 *8
101 li»
101 l4
7772 *2
117 *3
123 7S
100 *8
101 *3
77-7 2
117 fo
121
101 *3
777'7 *2
117 ’e
121 :$8
102
*4
31 *e
lo3 !4
31 *4
103
31
132 *2
132
22 •*8
131 ^2
22 *2
61 *8
2<i *8
26 *8
1 IS *4
eastern.Railway transferred the road to the bondholders—that
101 1*2
77-1 )0
is to the control of Canadian
117 S3
121 :*8
Pacific.
Pittsburg & Western.—A recent dispatch from Pittsburg
the Chicago Times said: “A few weeks ago it was re¬
ported that the Pittsburg & Western Railroad Company, whose
headquarters are in this city, was in financial difficulties. This
to
102 *2
>4
*3
30 *4
131
21 ''8
64 *8
26 *8
22 *8
•61 *2
•26 ’4
118 *4
ol *4
118 *4
] 003 1 p,
-
Southwestern Railroad
has been transferred to the Canadian Pacific,
The construc¬
tion will be begun at once. The line is located to its destination
in the Souris coal fields. • The road will no longer be a rival of
the Canadian Pacific, but, when constructed, will be an impor¬
tant feeder.
The land grant is 600 acres per mile, and the
total length of the road will be 312 miles.
—At Montreal, Quebec, Oct. .6, the directors of the South-
report was denied, but it has come to the suiface again, and
with it the report that the road is to pass from the control of
the present stockholders to Jewett, Garrett or Gould, with the
118 *4
probabilities in favor of Jewett.” It was stated that a meeting
of the syndicate which controls the road would be held, at
which a majority of the stock would be transferred to H. W.
8.
d.
d.
s.
d.
d.
s.
d.
s.
s.
s.
d.
O
0
0
12
12
12
O
12
12 0
Oliver, Jr., the extensive iron manufacturer. Mr. Oliver had
Flour (ex. State).. 100 lb. 12 0
6
8
6
8 6
8
6
8 6
8 6
Wheat, No. 1, wh.
“
been buying Pittsburg & Western stock in large blocks.
The
O
9
O
9
0
9
9
0
0
9
0
0
No.
2,
old
“
Spring,
stock
of the company, including that of th^ Rradford & Buf¬
8
8
8 2
8
8 3
8 3
Spring, No. 2, n..
8
9
9
8
8
9
8
9
9
8
8
falo, with which it was lately merged, is 155,000 shares. Of this,
0
Winter, South, n j
‘
8 8
8
8 8
8
8
8
8 9
8 0
Winter, West., u
“
6,200 shares of the original Pittsburg & Western stock is held
9
4
9
4
?9 4
4
9
9
4
0
4
“
Cal., No. 1
as a trust, whose object, is to preserve the independence
of the
9
O
9
0
0
1
0
9
9
9
1
0
Cal., No. 2
“
road. {Since the merger with the Bradford &' Buffalo the
5
3
5
5
2*o
5
3
21-2
5
3
Corn, mix., new.... “
0
72
O
0
72
72 0
70 0
trustees have not held a majority of the stock, and could not
Pork, West, mesa..3#) bbl. 72 0
0
6
35
3 1
0
35
6
3 l
6
34
Bacon, long clear, new... 33 6
prevent its sale to some other corporation. The road, within
70
O
0
0
0
70
70
70
70 0
Beef, pr. mess. new,$t,c. 70 0
the past three years, has grown from a little narrow-gauge
39
6
10
6
40 0
10
6
41
0
Lard, prime West. $ cwt. 41 0
7 0
>7 O
until its rails now cover over two hundred miles of territory in
57 0
6
57 0 157 0
Cheese, Am. choice
Western Pennsylvania.
About one-half of this is of the
standard gauge. It has not paid more than 80 per cent of
©ownxevcialaiid BXtsceUaiieaus IXeiua expenses, and although valuable connections have been arranged
for, they are still in the future.
Imports and Exports for tub Wbbk.—The imports of last
Texas & Pacific.—Suits to recover payment of interest on
week, compared with those of the preceding week, show a
Texas & Pacific income bonds for past years have been instituted.
decrease in dry goods and an increase in general merchandise.
The company claims that the division on.which the incomes are
The total imports were $8,073,830, against $3,005,547 the pre¬
issued has not earned the interest.
The plaintiffs are in New
ceding week and $0,972,011 two weeks previous. The exports
York, and apparently base their claims upon the terms of the
for the week ended Oct. 9 amounted to $0,599,430, against
income bonds, which state: “Interest is secured by mortgage
$0,820,497 last week and $7,442,024 two weeks previous. The
on the net revenue from 524 miles of railway.
This bond shall
following are the imports at New York for the week endipg be a first
mortgage
on land in the State of Texas east of Fort
(for dry goods) Oct. 4 and for the week ending (for genera
Worth, and also upon the net income of said line of railway,
merchandise) Oct. 5; also totals since the beginning of first
current expenses, reconstructing and repairing, and
deducting
week in January:
also interest on the first and second mortgages of said line.”
FOREIGN IMPORTS AT NEW YORK.
Mon.
Sat.
Liverpool.
Wed.
Tats.-
Fri.
Thurs.
'
*
o
•
>
>
;>
-o
o
1881.
$1,346,246
6,494,012
$2,214,436
5,743,757
$8,310,258
$7,958,193
$102,617.015
278,288.085
$80,925,2 16
249,189,108
Total 40 weeks $380,935,700
$339,114,351
Dry goods
Geu’l mor’dise..
Total
Since Jan. 1.
Dry goods
Geu’l mor'dise..
Toledo Ann Arbor
Grand Trunk Railway of
1883.
1882.
1880.
For Week.
Grand Trunk.—This road and the
Canada have been united by the com¬
pletion of the line between South Lyons and Pontaie, Mich.
$1,947,678
$2,222,10 f
5,959,689
6,726,202
Toledo Pelphos & Burlington.—The committee appointed
$S,673,830 j by the bondholders to investigate the affairs of the Toledo
$8,181,793
Cincinnati & St. Louis road advised that steps be taken at once
$107,440,535 $99,655,1 16 ! to secure the foreclosure of the mortgage.
The lirst mortgage
283,509,065 255,4 13.696 is for
$1,250,000 in 30-year bonds drawing 6 per cent interest.
$390,949,600[$355,OG3,*12
Virginia Bond Cases.—In the United States Supreme Court,
"
j
October 9, a motion to
advance
was
made bv Mr. William L,
found the imports ! Royal 1, of counsel for the plaintiffs, in what are known as the
of dry goods for one week later.
Virginia bond cases, on account of their public importance.
The following is a statement of the exports (exclusive of
Much confusion has resulted from different interpretations
specie) from the port of New York to foreign ports for the given to a decision of this Court in another case by Judge Bond
week ending Oct. 9, aud from January 1 to date:
of the United States Circuit Court and the judges of the State
In
our
report of the dry goods trade will be
EXPORTS FROM
NEW
YORK FOR THE
1831.
1880.
WEEK.
1883.
1882.
’
For the week.'..
Prev. reported..
$8,525.611 j
$5.536,912
30!),7n0,S52. 292,279,994
$6,592,524
255,559,81s
$6,599,430
268.522,701
i
Total 40 weeks $318,316,473 $297,816,906 $262,152,342 $275,122,131
Court.
The condition of affairs is explained by the statement
of the defendant in error, who in concurring with the plaintiffs
in asking that these cases be advanced, represents to the Court
that he cannot know liis rights and duties as collector of the
State’s taxes until it decidesGlie questions involved,
Wabash St. Louis & Pacific.—The Wabash Company reports
filed with the Illinois Board of Railroad and Warehouse Com¬
missioners, for year ended June 30, 1883, shows: Total earnings
as
The following table shows the exports and imports of
at the port of New York for the week ending Oct.
specie
6, aud
since Jan. 1, 13S3, and for the corresponding periods in 1382
and 18S1:
EXPORTS
AND IMPORTS OF SPECIE
AT NEW YORK.
|
Exports.
Week.
Since Jan. 1.
20.0*0
Silver.
Great Butain
Frauee
German
West Lillies
Mexico
South America
All other countries
Total 1883
Total 1882.
Total 1881
$12,000
•
2,850
$427,668
33.802,734
411,796
$344,373
$327,900 $11.137.155
Since Jan .1.
$2,113,622
46,630
79,492
115,351
262,‘>03
133,735
12,000
All other countries
Total 1883
Total 1882
Total 1881
$
1
Germany
West Indies
Mexico
South America
Week.
$11,800
$
Great Britain
France
|
Imports.
658.902
2,474.872
2,965.867
78,308
171.231
120,933
255,342
708,095
$
$8,533,735
1,352.427
44,983,226
$
1.666
466,419
243,3^2
43,276
13,773
16,394
43.490
112,648
4,894
3,4 47,705
132.001
13,946
$327,900 $11,677,317
$161,032
$4,311,4 47
9,412,916
8,362.932
6.454
23,131
2,002,719
53,200
170,246
2,211,77 L
Of the above imports for the week in 1883, $20,233 were
American gold coin and $1,733 American silver coin. Of the
exports during the same time $12,000 were American gold coin,
and $125,000 American silver coin.
$17,232,981; operating expenses and tax^s, $11,996,385; net;
$5,236,596; interest, equipment aud construction, $5,750,228;
deficit, $513,632; balance debit -last year, $2,908,497; total
deficit, £3,432,129; capital stock. $50,346,000;- mileage, 3,4S2’4,
funded debt, $70,724,224; unfunded debt, $9,772,010; debt per
miie, $34,766.
—The report of the Ilong Kong & Shanghai Banking
Corporation shows profits for the half-year ending June 30
last of $633,165, out of which a dividend of £2 per share has
been paid, $100,000 added to the reserve fund for equalization
of dividends, and $52,509 carried forward to the credit of the
present half-year’s profit and loss account. The capital of the
bank paid up now amounts to $5,926,000 and reserve funds to
$3,398,000.
Mr. A. M Townsend is the agent in New York.
—Notice is given that the regular 2 per cent
dend on the stock of the St. Paul Minneapolis &
road will be paid on and after November 1.
quarterly divi¬
Manitoba Rail¬
Auction Sales.—The following, seldom or never
Stock Exchange, were sold at auction this week
Adiian H. Muller & Son.
S ha res.
333 Phenix Nat. Bank
102*4
100 Atlantic Av. RR. Co. of
sold at the
by Messrs.
Roods.
i
$4,000 Atlantic A v. RR. Co.
of Ri ooklyn, 7s, One 1894.114
Brooklyn
1G1 *2 $1,200 Jeflei son Ins. Co.scrip. 45
$2,000 Jersey City 7s, due
Brooklyn Trust Co
106
1013
...102*4 & int.
154 8* I
Metropolitan Nat. Bk
Tradesmen’s Nat. Bk. ...108*4 $1,000 Broadway A* 7tli Av.
120
150
100
40 Merchants’ Ex. Nat. Bk.. 95
13 Peter Cooper Fire Insur¬
ance Co
165*3
15 Republic Fire Ins. Co
85
10 Home Insurance Co
140
RR. Co. 7s. due
1884.... 103*4
$2,000 B lee eke r St. <fc Fulton
F’ry RK.Co., 7s, extended,
due 1000
$210 23d St. R’wy Co.,
111*4
7s..104*4
393
CHRONICLE.
THE
1883.]
OCTO BEK 13,
Quotations for foreign exchange are as follows, the prices
being the posted rates of leading bankers:
J'he f8auketsr (Gaaettc.
Ol tober 12.
DIVIDENDS.
dividends have recently been announced:
The folio wins
Per
Gent.
Name of Company.
Books Closed.
When
{
; Payable
(Days inclusive.)
Kaflroads.
Baltimore *fc Ohio
Do
Washington Br.!
Nov.
•Nov.
1
Nov.
St. Paul Minn. & Man. (quar.)
Insurance.
North River...
.....r.j
NEW
YORK,
1 Oct. 20
1
1 Oct. 21
to Oct. 31
to
Nov.
FRIDAY,
On
dem.
OCT.
Vi,
1883—5 P. M.
Market and Financial Situation.—The gener¬
There have been
specially unfavorable developments, no failures of
financial situation remains unchanged.
no new or
Coius.-
i
The Money
al
Prime bankers’ sterling bills on London
Prime commercial
3Documentary commercial
Paris (francs)
Amsterdam (guilders)
Frankfort or Bremen (reichmarks)
3overelgns
4
Sixly Day* Demand.
4 82
4 81
4
5 23 3g
40
94
:
4 85
5 205q
4014
95
The following are quotations in gold for various coins:
Silver 4s and 4s. — 994 7b par.
$4 82 @$4 80
Napoleons
3 85
X X Reicliwarks.
X Guilders
4 73
3 90
Span’ll Doubloons.15 50
tb 3
@ 4
@ 4
•a 15
89
76
00
GO
@15 GO
Mex. Doubloons.. 15 45
Fme silver bars
1 104& 1 114
F ne gold bars
par@4 pretn
Dimes & 4 dimes. — 994*
par
..
Five francs
Mexican dollars..
Do uucoimuerc’l.
Peruvian soles
—
—
—
—
7b
—
94
S*J4^>
—
867s
«5
81
—
854
—
82
92
cb
@
English silver
4 75 cb 4 81
68 @—704
U. S.trade dollars — 374* — 884
Prus.silv.thalers.
—
U. 8. silver dollar*
—
90ib 7b
1 ar.
United States Bonds.—Government bonds continue to show
great importance, no change in the prospects for trade, but
neither has there been any revival of confidence. The mind great strength, and the advance for the week on the long-date
issues amounts to
per cent.
of the business community remains still indoubt as to whether,
The closing prices at the N. Y. Board have been as follows:
the basis of trade, as now manifest in moderate crops on the
Oct.
Interest
Oct.
Oct.
Oct.
Oct.
Oct.
onehand and unusually large supplies of all manufactured
12.
9.
10.
Periods.
11.
6
8.
articles on the other, justifies the expectation of an increase
*114
*114
*11418 11414 *11414
4^8,1891
reg. Q.-Mar. *114
of activity. These features are not confined to the United
11 418 114
114
114
*11418
4*fls, 1891
coup. Q.-Mar. 114
120^8 *120^ *12012 *12058 *12034 *120*8
4s, 1907
reg. Q.-Jan.
States, but prevail also in Europe, where an unusually long 4s. 1907
120 qj 1 20'**8 *12012 120*8 12034 12078
coup. Q.-Jan.
reg. Q.-Feb. *100^ *101)12 10012 *100^8 lOOq *10014
period of peace has permitted industry to be applied without 3s, option U. 8
*129
129
*129
*129
*129
Gs.cur’cy, 1895..reg. J. <fe J. *129
interruption to the production of all sorts of commodities. 6s,cur’ey, 1896..reg. J. & J. *130 *130 *130 *130 *130 *130
*132
*132
*132
*132
*132
6s, cur’cy, 1397..reg. J. & J. *132
The testimony given by foreign buyers of European commodi¬
J. <fe J, *135q *13512 *13512 *13512 *13512 *13512
*
x
ties for American houses in all lines of trade is unanimous on
point that there seems to be an overstock of almost all
articles, and that manufacturers, not only of the luxuries, but
of the more necessary articles of life, are not sanguine about
any improvement in the near future.
There lias been unusual activity this week in West Shore &
Buffalo os at advancing prices.
This is presumed to have
been, to a considerable extent, speculative rather than legiti¬
mate investment, though in view of the lack of other employ¬
ment for money there may have been purchases for invest¬
the
ment also.
It is
lease of the
Trunk,
one
reported that negotiations
are
pending for
a
of the proposed terms of such lease being the
not known.
Two financial events of the
past week were the authoriza¬
$00,000,000 general mortgage by the Denver & Rio
a $20,000,000 second mortgage by the Northern
Pacific.
We have the authority of the syndicate of bankers
interested for stating that $18,000,000 of ihe Northern Pacific
loan has been taken by Them, viz., $15,000,000 firm, with an
option for six months on $3,000,000 more, the price being 87) .<
per cent and tlie commissions being 5 per cent, the bonds thus
netting the Northern Pacific Company say $12,375,000 for
$15,000,000 or $14,850,000 for $18,000,000. The fact that rail¬
way loans are being taken by syndicates of bankers of high
standing, is the most encouraging feature of the present situa¬
tion, ;\s it indicates that they feel confident of finding, a
a
Grande and
market for such securities.
Money continues superabundant in this market for .call
loans at 2 per cent on collaterals of good railway stocks, and
at 5 per cent for time loans on the same collaterals.
Rates
for mercantile discounts remain nominally unchanged at 5}<
and 0 per cent for first-class double names for 00 days and i
months, and 0 and 7 per cent for first-class single names.
The bullion in the Bank of England decreased £402,000
during the last week (and £000,000 in the preceding week), and
the percentage of reserve to liabilities was this week reduced
to 42*2 per cent from 43 15-10 last week.
The Bank of France
showed. 'a decrease of 3.350.000 francs in gold and 5,050,000
These movements of specie
francs in silver in the last week.
out of the two great banks are presumed to indicate increased
activity in domestic trade.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks.
1883.
Oct. 6.
1
Differ’nces fr'm
| previous week.
1882.
Oct. 7.
1881.
Oct. 8.
1
Loans ana dis $326,059/ >00
56,602/ ‘00
15,082.! soo
Circulation...
312.090.20!)
Net deposits .
Specie
Legal tenders.
23,508,
Dec. $3.70 4.100
$314,495,100 $320,123.9: 0
50,534.400
111c
Dec.
1,273,500
50,403,600
1 15.700
18.90S.50O
19.807.100
Dec.
2,017,300
563,500
286,181.500
21,613,600
298.897.900
14 856,800
$504,325
$71,545,375
$74,724,475
710,OOJ
72,017,200
71,391.20c
.
V0O Dec.
'
$78,022,
Reserve held.
0 Dec.
80,111.700 Inc.
Surplus
$2,089,1
Legal
reserve.
5o'lne
.$1,214,325
$471,825 df.$3,333,275
Exchange.—The New York rates for sterling exchange were
reduced
cent on the £ on Friday, after having been ad¬
vanced
cent early in the week, and the quotations now are
4 82 and 4 85.
The rates for actual business on Friday were :
sixty days, 4 81)4 @4 Sl3^: demand, 4 84(44 Si}cables,
4 84**£@4 85; commercial bills were 4 80(u4 80) <.
*
.reer. J.
& J. *135
This is the price bid at the
*136
*136
*136
*136
*136
morning board; no sale was made.
Sub-Treasury.—The following table shows the receipts
payments at the Sub-Treasury in this city, as well as the
balances in the same, for each day of the past week:
U. S.
and
Balances.
Date.
4“
“
“
“
Payments.
Coin.
Currency.
$
$
1.122.533 72 113,779,179 19
8..
9..
10..
11..
1,628,241 96
1,821,073 42
1,468,423 451114,085.354 23
975,763 Of
930.783 61
835.305 78; 114,990.701 70
689.902 04 115,433,313 73
2,021.675 17 114.266.642 50
$
930.983 65
6.784,627 12
6,868,047 29
6,711,296 23
6,787.075 90
12..
1,815,515 35
713,520 35 114.886,443 25
7,269,270 15
Total
*
Receipts.
$
40,673 69
6..
Oct.
New York West Shore & Buffalo to the Grand
guarantee of the West Shore bonds by the Grand Trunk.
Whether anything will come of this negotiation of course is
tion of
6s,cur’oy, 1898..reg.
6s,our’oy. 1899.
...
Above
8
8,015.051 04
6
*6.851.369 51
payments include $525,000 gold certificate* taken out of cash.
State and Railroad Bonds.—There was more business in the
railroad bond market in the last week, but at generally lower
prices for the speculative issues, while the first-class bonds
were, as a rule, only steady to firm.
The New York West
Shore & Buffalo 5s were, however, an exception to the general
rule.
They were active and higher, the extreme advance
being 4} 4 per cent, and the net 238. Texas & Pacific incomes
were also unusually active, but lower, the decline on these
being 3 per cent and on the Rio Grande division firsts S'*3
per cent.
The range of fluctuations for the most important
issues during the week was as follows, viz.: New York West
Shore & Buffalo firsts at 74}{, 70, 75, 79, 70)£, 77^ ; Texas &
Pacific land grant incomes at 52)o, JS-’#~ 49J£; do. Rio
Grande division firsts at 70'>g, 74, 70, 70, 7134, 71 : Denver &
Rio Grande Consols at 87/4, 88, 80)4 ; Burlington & Quincy
debenture 5s at 917n, 92, 9l:{8'; Kansas & Texas general mort¬
gages at 79)2* 7914. 81. 78)2,79: N. Y. Chicago & St. Louis firsts,
at 99; j, 99) 4, 100, 99)4, 99^4; New Orleans & Pacific firsts at 85,
8514, 8U.;, 84 4: Denver & Rio Grande Western firsts at 71,
09)4, 70; Ohio Southern incomes at 24. 20; Chesapeake & Ohio
currency Gs at 48)4, 484*4, 47:!4, 48; East Tennessee incomes at
30, 29. 30, 28, 28)4, 28: Ohio Central firsts at 70, 09, 09)4; Erie
second consols at 94)4, 94; Louisville & Nashville general mort¬
gages at 93, 9114, and Kansas & Texas seconds at 54, 52.
The business in State bonds was small.
Tennessee Compro¬
mise sold at 39)4. Virginia Consols at 70, and Arkansas 7s
issued to Central RR.. at 7)4.
Railroad and Miscellaneous Stocks.—The stock market
has shown declining prices during the greater portion of the
last week. There was a temporary firmness during Monday
and Tuesday, but since that time the market has drooped for
first one and then another group of stocks each day.
The
Vanderbilts have on the whole shown the greatest falling off,
and after these come the South westerns.
The Northern
Pacifies and their kindred stocks (all, except Northern
preferred) also show greater or less declines, but
they are no longer the weakest, as they had been for sever¬
al previous weeks.
The coal stocks. Western Union, Union
Pacific, Northern Pacific preferred, and a few others, have
been pretty well sustained, though even some of these have
depreciated. The principal declines for the week are Lake
Shore, 2 per cent; Michigan Central, 344; Canada Southern, 3;
Northwestern, 2)4; Omaha, 3)4 on common and 4 on the pre¬
ferred; Texas & Pacific, 4)4'; Kansas & Texas, 24#': Missouri
Pacific, 234': Wabash, 1 on common and 2)4 on - preferred;
Western Union, 11 <: Northern Pacific common,3;'8 (preferred ;>8
higher); Oregon & Trans-Continental, 344; Oregon Railway &
Pacific
Navigation, 3)4: Canada Pacific, 1 r>g; Louisville & Nashville,
2^; Pacific Mail, 1)8; Rock Island, D8; Denver, 3)4; Erie,
1)2: Lackawanna, J8: Reading, )4. Jersey Central is 138
higher.
Aside from these, the changes have been fractional.
THE CHRONICLE.
384
PRICES FOR WEEK ENDING OCT. 18, AND SINCE JAN. 1, 1883.
NEW YORK STOCK EXCHANGE
DAILY
STOCKS.
Oct.
RAILROADS.
0.
1
Rtulingtou Ceil. Rapids <& No.
....
prof
pref
57 %
52%
78%
80'%
11%
"27%
...
nref.
Cincinnati 5 and. ifc Cleveland
Cleveland Col. Cinn. <fc Ind
Do
...
Cleveland & Pittsburg, guar..
Columbus Chic. & I ml. Cent...
Delaware Lackawanna &West.
Denver & Rio Grande
East Tennessee Va. & Ga
81
81%
50
50 %
5 5 ■%
51%
78%
52%
80%
05%
51*4
79%
05 %•
50 %
52%
80%
60’-*
Do
pref
Harlem
Houston tfc Texas Central
Illinois Central
Do
•
leased line
10%
28 ‘ j
Jit)
10
*14%
*27%
29
*17
18
27%
"10%
96-%
98%
55%
50%
*50
57
28*4
90*4
97*4
2%
110% 117%
8
20
20 %
7*4
14%
11%
_
_
82
..
Chic
I
Do
common
Manhattan Beach Co
j
Memphis <fc Charleston
Metropolitan Elevated
Michigan Central
1
%
23%
19%
98%
7*4
_
*48%
99%
70
70
50%
48%
49
41
80
43
41
*81
*40
41
80
43
*40
40
*90
*40
92
42
92
SU'%
Sl'%
*40**
I
pref.j
••
Missouri Kansas & Texas
Missouri Pacific
Mobile & Ohio
Morris & Essex
94
79%
80%
22%
22%
23
18
59
*45
50
23%
24%
97
23%
95%
% 1 %
24%
90%
55%
......
110 %
117%
25%
20%
7 *4
11%
7
14
ii7*.t iis
25%
190
195
......
.
......
23
...„.
20%
*21
%
01
2 *8
2 it --j
s
20%
40
23 *4
......
.
98%
99%
70
40 34
70
49%
30%
-
%
20
v
78%
21%
94*4
*12
13
13
1 3 ;.j
i)'e
*50
Richmond it West Point
j *20
Rochester it Pittsburg
j 16%
IS
St. Louis Alton it Terre Haute'
8 %
.....
30
%
*14
0
845
17
30 Hj
40
31 %
03%
)>.*>
04 *4
3
20 %
2=4
27 ’i
24%'
40%
90%
13
!
42%
83
*42
*40
*85
13%
50 US
‘-M's
85 %
2014
32 %
;014
20
33 1-2
Pacific Mail
Pullman Palace Cur
125’, 126%
38
-U
1
*92
77%
79%
47
*21
"45
24%
23*4
{).>%
13
g
niug
-
6,785
10,365
2*1*50
55
160
100
94
81%
29%
70%'
....
21
21
30
‘2
»>< 1 T
G2:>4
2%
3
21*
•>
20 >4
10 >4
*20
47
*88
......
127
05
47%
......
13'4
51%
1,000
205
*42%
10%
45
55 %'
201}i
40
*92
94
io%!
30%
78%
*20
*45
*88
31
47
00
-p>
70
108 *4 108 %
22 *2 2 5 -*8
80‘s 87 %
109
25%
78
......
21%
94*4
23
95
12
122
*200
.....
22%
94%
12*4
19%
21 >4
20
20 *2
33
31 '4
33
31 %
32%
04
04
120% 12 i * ’
38
3S%
125% 125*2
123
33%
7
31
80 U
78 %
*79%!
|
130% 130!,
131
*80
'"58
00
02
-.T9
01
117
110
*117
119
89%
131
s9%!
200
471
300
20,807
10%
29%
20
34
21*4
*4
*14
30
28 >2
03 *«
3
28 *4
5 %
10
3t’t
84%
74%
20
64
*2
*2
3%
4%
4%
8
50%
49 *4
12 %
50 %
54
29
55
29
12
55
2!)
10%
*4
14%
*40
50
81
*20
30
47
90
45
90
15%
50
81
30
45
90
8!)
SO
00
(JO
1
70
130
!
..v.-
131
881.2
7-->%
70%
131
131
80
SS
5S
j
!
j ...'.
!
L%!
’*2*62
70:%
88 %
118 >2
410
I
i
i
Pennsylvania Coal...
;
40,834.
130
132
SS'-. 88*-.
*58
02
117
119
100
391
20
115
loo
200
!
1
!
*275
prices bid and asked;
2S1
|
Oet.
’“9” ’ V)
L1/
100
12
!)
18
■
270
14
-
t Ex-privilege.
55
98% 11934
‘23%
45%
\Ul
40
39%
71%
14%
62%
j 76 *8
Mav 18
0
Mai’.
i
!
:
■
17
It
Jan. 15
1
Jan.
8
Feb, 10 35% an.
Feb.
2 280% July 21
18
Feb, 27
Jaii, 3
% Jan. 12
% Mar. 20
1
....
1
1
27%.Tan. IP
19
Jan. 19
Aug. 21
Oct. 12
132
Sept. 71
7% July
7
36
7
19.!*
2%
K4
26
13
13 % 23
40
33
240
245
37
18
“
1%
6%
*4
2 34
lo
4
1
2
_
93%
149%
97%
80%
27%
15 %
1%
1%
------
5 '*4
sale was made at the Board.
34
Jan. 18
36% Jan. 18!
57%Jau. 1M
Aug.14
Aug. 14
t
.
43
8!IO434 Jan. Is
126% May 5 135
Jan. 5 I 133
j 88 Mar. 10 94%June 9 90
55% May 17 05% Jan.
0 I 62
110% sepl.19 128 Jum?21 125
! 24
::::::
Oet. 12
74
Gl%Aug.31 69%Junol5l 65
132
.1 uly IS 140% Aug.30; 125
25
53%
18*4 Get. 12) 39% Apr. 10
103*8 Aug. 30:112*8 Apr. 14 102 34 11934
15
19%
80%
31
Jaii.
IT
|
Aug.
25
55
Mar. 13:125
55
July 20,
75
Sept.241 91% Mar. ;•! |
119%-Oet.
June 14) )*128“ 163%
4 150
28
Aug.14! 44% Apr. 9j 32% 48 34
145
117
Feb. 2 a j 134
June 131
\
no
77
4j 103
6
Oet.
2i
9% Mar. 3
32% Oct. 12' 40% Mar. (>j
7134 Aug. 10 88% June 1-1
_
Cameron Coal
Central Arizona Mining
Dead-wood Mining
Excelsior Mining
Robinson Mining
Silver ClitV Mining
Standard (’onsol. Minin:
Stanm'"*
the
!
58%
363*
37
3,080
7.3(H)
3.e30
!
New Central Coal
Ontario Silver Minin.!.
19
59
141
t
Maryland Coal
4l%
18:
68% Jan.
! 121
138
120% 120%
37
37%
125% 120
0%
0%
32 % 32 %
78 % 79*4
)
Oct.
....
41
2,420
10
75
......
May 17
Aug. 13
22% Aug.
70,490
21%
199,471 ! 85%
10,.>00 : 15
25,033 | 2934
|
i
20!
55
94%
Apr. 11
31
46%
36% May 31
43
66%
Aug.lt! 59%Juno 2:
j 87 % A ug. 23 j 100 % Jan. 11 i 79% 106%
26
42 34
33
Aug. 13 40% Jan. 9
68
91
Feb. 20i 9734 June 16;
99%
9,713 | 110334.1 uly 241109% Apr. 16] 108% 166%
80
1.215 '
.
4;
93
105
21
Sept,24 89% Mar. 61
28% Aug. 13 40% Jan. 18) 33 % 4334
Jan.
5i 67
88%
72
Aug. 13 83
Oct.
1 52% Jan. 9' | 45
1,200
1!)
60%
186
169
Jan. D 183
May 28 168
3,22*5 1934 Aug. 13 293a Apr. 14 j ) 20% 31%
5
8% May 10'
Aug. 28
1134 Aug. 11: 2134 May 10
44 %! 60
2,750
32
Aug.lt 4934 Jan. 2();
28 34
145.114
54%
28% Oct. 12) 53 % .1 une 14
199,926
57% Oct. 4 90% June 14; 66 34 100%
4.208
2
11% 25%
Oct,
3! 14% Apr. 13
27 I 42
3,200
27
Aug. 141 3634 Apr. 13
90
Feb. 10 112% June 13:
90% 112
11
900 I
23%
7
J illy 24j 1434 Apr. 24
120 ! 20% Oct. 11
32 *.lune26|
3334 36
98 34
277*215 I 47% Oct. 41 89 Jan. 19; 60
930 1 12
23
Jan. is)
3934
Aug. 30: 28
67%
40,000 | 46 % A ug. 27 61 *a June 15:
25 ; 129% Sept.24; 138
Jan. 10); 130 139
13
300 !
40
4 % Oct. 11
15% Apr. < 0, |
52
800 1 47
250
J ill v 23:
Jan. 13 72
23
263
39
Feb. 16
Juno 2;
1,600 i 21
6,392 ; It Aug. 1 I 23
Apr. 4 j | 17% 36%
400 i 47
J une 15*
20% 50
8/
Oct. 10
200
75
lit
500
1,600
18*4
18*4
105 % 105*4
U1
01
19%'
3
77
77
13
14
67,961
03
03%
133 '4 133 %
131'2
*2
*58
117 *2 117 *2 *117
’
117*2 117 *2
-*
|!
73%
‘8
19
Aug. 13
Feb. 15
Aug. 13
16% Oct. 12
Aug. 23
100
30%
.
26% 42%
80 % 112%
19% Jan. 5! 12
3534
129*4 Juuell II934 128
47
87%
64% Jan. 22
129% Mar. 10 123% 13810*o
17%
15% Jan.
5
27
35
Jan.
4!
37%
105
Feb. 16! 100
109%
90
81
350
110
108% 10834
21*4 *32 *4]
80% 88%
17
7
250
92
03
63
62% 02%
133
133*4 133*% 133'%
20 »a
10
20
20
10%
105 % luo
105 % 100 >4 100
100-'%
*17
10
18
10
*
*100
120
120
120
811
80
70
70
121
120
121
120*2 m" i:ii"
30 a,
V 37
.37 *2 37%
37 *2
120
120
120
120
125'2 120
*0
7
*5
7
oii
"32 *2 31
rs>2
10%
120
50%
113%
1,0.<5
84%
28%
74%
47 %
133 *4
130
97%
97%
June 15
Jan.
5
18)
S L
7V11 g. 14
21%
0 Aug.
34%
Jan.
10
1 *±
04
'8 J
till. 18!
93
Aug. 14 100% Apr. 9!
38,300
9
10*8
'■
108% 108%
21% 23
80% 87%
19 34 20
31
31%
1081-2 108*4
22-'I* 23 >2
80 *2 87 %
21%
120
*73“
63*4
82%
19*2
Aug. 15
47
30,827
122
9
30
|
30 *4;
01 >2!
3 *4j
20
50 %
*20
*45
*88
31
47
00
20%
32*8
133
20
*44**
89
88
95% Sept
11 100%.I an.
Jan.
18
10 Juuell
36% Oct. 12 48% Jan.
19*4 Aug. 14 30% Jan.
700
100
*52%
114 *4 114%
21%
20 *4
50 *4
13 %
51
It)
*40
10%
80 %
132% 133
20% 20%
106
100%
17% 17 *•>
85%
76
May
77 *4 Oct-
50,515
*
21
28%
47
100
20
20%
*13
30
1,800
30%
70
53
-20
10 *2
47
*7()0
10%
40
20
70
20*4
49%
.
230
.
85
8
51%
3,490
80,050
45
4o
22
48
0
13'4
50'*4
1,625
2,125
54.418
*83
77%
30*8
7_
40 >4
825
5x0
*42%
78%
85
27
50 >2
511J
130 *4 130
55 *2
......
......
40%
29%
20
02
......
850
*95
38 *2
30 %
32%
04%
0%
246,924
66,890
1,380
05
05
0
17
40
oij
01 %
7
13%
47%
31%
42%
114% 114%
*8 *4
8 %
*
17%
84%
30%
7
*5 %
10%
99%
122
*52% 54
*95
*8 4
117%
24%
15
.....*
8*->
17
...
13%
127
122
124
54
85 ‘4
EXPRESS.
Adams
American
United states
Wells, Fargo * Co...
COAL AM) MINING.
Consolidation Coal
Homestake Mining Co
23*8
83
45
*88
108%
‘-’4%
103% 109%
122
pref
Western Union Telegraph
54%
9734
17%
*95
30 %
67
May 3
71% Jan. 19
27
13*2 Aug. 14 2334 Jan. 20
27% 41%
Aug. 14 35*2 Jan. 20
21
29
Jan. 22
17*2 Oct.
8 27
128
Aug. 15 137% Jan. 22 127% 145%
115% Feb. 20 129% Apr. 13 120% 141
97 *2 Aug. 14 108*2 Jan. 20
96% 128%
116
Aug. 14 122% Sept. 7 114% 144%
124
150 34
119
Oct,
8
8:140%
Apr.
13
*
175
137 *2 Aug. 14 157
Apr. 13 136
140%
117% Aug. 13 127*4 Jan. 5 122
10*2 Aug. 31 22
Apr. 21
38
Aug. 11 5734 May 16
55
35
Oct. 12
Jan. 18
29% 58%
94
97% 117
Oct. 12 113% Jan.
5
44
62
38
May 22 49*2 Mar. 9
Oct,
3 84
54
65% 92 •%
Jan./5
140
Jan. 26 133
124*2 tug. 13 142
2
Oet.
1
7 % Mar. 5
3% 21%
116*2 Oct,
6 131% Apr. 13 116*4 150%
21 *4 Aug. 21
51*2 Mav 3
38% 74%
8
16
7
Aug. 14 11*4 Apr. 13
15% 26%
13*2 Aug. 11 23
Apr. 14
6
16
5
Feb. 9
10% Apr. 12
45
110
38
Mar. J> 46% Jan. 17
72
72
Jan.
3 97*% May 5
111%
208
190
Aug. 28 200
Jan. 29 196
61
92%
57 *2 Oct,
4 82*2 Apr. 5
124
Aug. 14 148 June 14, 12734 150%
77
Feb. 17 82 % Oct. 121
49%
19*2 Aug. 14 35*2 Apr. 9; 30
15
Oct. 12
33% Jan. 18‘ 23% 45
98
120%
97% Oct. 12 114% Jan. 18!
60
Jan.
2 80'% June 301 49% 65
40% Aug. 27 58% Jan. 20; 46% 10034
78
30% Oct.
9 68 Jan. 5! 57
38
60%
Aug. 14
53% Feb. 9; 40
82
80
98%
90
Jan. IS;
Aug. 1
40
56
53
Feb.
10:
38
Aug. 17
37
15
Feb. 21
30% J une 30; 15
Jan.
Hi 42*4 82%
34*2 Aug. 13 55
1,250
«> *>
Oregon Improvement Co
Oregon Railway* Nav.Co
Do
94%
99%
40
9 4
*4)
48
88
*40
88
35%
82%
21%
17
47
17
Sept.24j 65*2
84 July 5
23
300
750
82%
21%
40
2 1 '4
8%
8%
95*2
80%
68% Jan.
8
62 *2 Aug. 13
05,415
4,217
2,-06
12
40
82
22 *4
17%
|
Quicksilver Mining
25%
7 *8
14
4 1
91
21*4
121%' 124
54
1
50
MISCELLANEOUS.
31%
......
45
83
45
22%
94%
*12%
81
60
48'% Allg. 14
7,898
104,055
135 % 135%
.
*3*9 * *4*1* *."!!!
21%
50'
52 '4
'2ll“ *3*r
2S
48
00
American Tel. it Cable Co
1
Bankers’ it Mere hunts’ Tel...' 132% 13314
*»•>
Colorado Coal it I ron
Delaware* Hudson Canal... .j 100 *2 106%
Mutual Union Telegraph
100
120
New York * Texas Land Co..
are
....
99%
77%
21%'
10%
17
48
95
......
' *20
Do
pref
i
St. Panl Minneap. it Manitoba
Texas* Pacific
1
Union Pacific
j
Wabash St. Louis it Pacific... j
nref.
Do
These
21*4
......
17*4
80 %
82
48*8
*10
*90
20%
130 *h 130*8
.»
5 *8
%
50
50
29 *-» 29 %
r, 7
35%
127% 127*-
4GJ4
40
94
20%
30%
0
50%
11
38
35
94
55
98 34
03 %
*42
83
*42
20%
50 %
*12%
49%
118% 118%
......
*50
22%
..
......
70
20 %
pref..
St. Paul & Duluth
*
......
......
111% 115%! 114% 115
S l
Ho *4
4
<
*13%
99%
44
80
43
84%)
39%
32 U
01 %
%
33 %
o; %
99%
117
137% 138%
55%
*21% *21%'21% *2*1 % '21*%' *21*’ *2i% *21%
22 %
f>3 > )
22 *•>
7
14*4
22
*83%
29%
70 %!
70%
30%
”4
*1 1
40
32
7
......
*95
------
......
High
84% .Tune 14
84% Mav 3
52**% Aug. 13
170
300
100
448
Low.
Highest.
Mar. 28-
78
75
10,280
14,450
31,500
24,790
10
28
18
119% 120%
130
24%
......
|
30%
98 34
L10 %
110% 117% 117
20
14*4
......
....
j
*95
81 *.,
55
05%
......
44
35*8
94%
81%
04%
......
......
..
30%
'
50%
81
55
123% 124%
99%
110*4
120%
138% 139
118'% 119
*13% 14%
’130
18
j
pref.
55%
121%
*95
84 *4
j
Trans-Continental..'
1st pref.
55 *4
21%
123
58
*
Oregon Short Line
St. Lonis it San Francisco
55 %
*39
*21%
8%
j
Philadelphia it Reading
!
Pittsburg Ft. Wayne it Chic..;
Iticb.it Allegh.,st'ok trust ctfsJ
i
Richmond & Danville—
95%
40
*90
114% 114% 115
j 114’i
8 %
S *.»
8%
Peoria Decatur it Evansville..
30%
95
42
*38
123
*51
j
NaslivilleChattanooga it St. l.i
Louis..I
35%
90%
*84
*41
41
95%
Do
pref.
New York Elevated
!
New York Lack, it Western ..j
New York Luke Erie it West. I
Do
pref.!
New York it New England
New York New llaveu it llart.
New York Ontario it Western.j
New York Susfi. it Western...)
Do
pref.
Norfolk it Western, pref
|
Northern Pacific
!
Do
pref
•
Ohio Central
}
Ohio & Mississippi
1
Do
pref
Ohio Southern
!
37*4
18
98%
*40
35 %
94%
28
110
11!)
...
54%
49%
*14
*20
*15
15%
132% 132*4
123% 124
124%
12 1 %
99% 100%
99%
110%
110% *110
120% 113% 120%
13!) % 140
140
130
119% II934
*13
14%
......
Milwaukee L. Sh. & Western
.Do
pref.j
Now York Central & II udson.
......
30%
41
*81
*40
1
119*4
I
124
*12734 128 % *127% 128*4
82%
24
19%
99%
23%
20
139 %
49%
80%
05*8
553,
50%
81%
05%
*
82%
23%
19%
98%
82%
99
110%
119%
0
*0
0
i.24%
55
50*4
52*4 ) 49%
I
80*4
82
04%
00%
10 )
15%.
27% ! *27
17% ) *17
55%
*
12734 128
Lake Shore
I)o
0.>%
*15
14%
28 I
20%
Longfslaud
Minneapolis & St. Louis
1
i
20
*7 %
*11
"5 %
Bay Winona & St. Paul
Hannibal”& St. Joseph
Louisville <fc Nashville
Louisville New Albany
Manhattan Elovatod
Do
1st pref...
00 %
110% 118%
Green
Indiana Bloom’u «fc Western
I.ake Erie & Western
|
53
Lowest.
78*2 Feb. 17
137
For Full
Year 1882.
Range Since Jan. 1,1883.
(Shares).
Oct, 12.
......
'
2 %
pref.
Do
Do
Do
81
„
pref.
Chicago St. Paul Minn. & Om.
Do
81
110% 110% ! 1 10% 110'4
120
122
1 119
120%
138% 142 '4! 138% 139%
118% 119% 119
119'4
*14
15
*40
45
37
37 %
30% 38
Do
Ntyv York Chic. ifc St.
'9.
"17
IS
17% 17j-j
132% 132% i 131% 131%
124% 125 I 123% 124%
99% 1013,
98% 99%
Chicago <fc Alton
Chicago Burlington & Quincy.
Chicago Milwaukee & St. Paul
Do
pref.
Chicago & Northwestern
Do
pref.
Chicago Rock Island
Pacific
Chicago St. Louis Sc Pittsuurg
Oregon &
50
05 %
1st
2d.
Oct.
li:
Oct.
Oct. 10.
8.
Friday,
Thursday,
Wednesday.
Oct.
Sales of
the Week
r
!
Canadian Pacific
Canada Southern
Central of New Jersey
Central Pacilic
Do
I)o
Tuesday,
PRICES.
LOWEST
AND
_
Atchison Topeka ifc Santa Fe.
Boston & N. Y. Air-L.,'nref...
Chesapeake & Ohio
HIGHEST
Monday,
Saturday,
[Voi, XXXYIt.
4
2
%
4%
19 34
1 %
1
October
THE
13, 1883.]
CHRONICLE.
395
kc:
QUOTATIONS OF STATE AND RAILROAD BONDS AND MISCELLANEOUS SECURITIES.
STATE
Bid.
SECURITIES.
SECURITIES.
BONDS.
Ask.
Ask.!
Bid.
SECURITIES.
SECURITIES.
Bid.
Aak.
.;
Louisiana—Continued—
Ex-matured coupon
Alabama—
Class A, 3 to 5,190G —
Class A, 3 to 5, small...
Class B, 5s, 1900
Class C, 4s, 1900
Os, 10-20s, 1900
Arkansas—
|
; N. Carolina—Continued—
No Carolina RR.,J.&Jt
64
G234
|
M ielnsran—
J
7s, 1890
!
Missouri—
'
101 4
108 4
j
Asyl’m or Univ.. due’92
Funding, 1894-95
!
1
...
0s, due 18S9 or 1890
;
|
7s, oonsol., 1914
7s, small
jj
Os, old, A.<tO
j
j
j
33
33
Railroad Bonds.
(Stock Exchange Prices.)
Ala.Central—1st,Os, lOlSi
Alleg’y Cen.—1st, Os,1922!
S.Fe—44.1920
linking fund, Os, 1911.!
Atl.& Pac.—1st, Os, 1910
Balt.it O.—1st,Os,Fra.
Ti.iet
Uuvtf
A-
IS.
—
*
1st, Pa.
9 5*4
•
Div.,cp..7s,1917
Susa.—1st, 7s...
2d, 7s, 1885
112
1st, 5s, 1921
!
Euf.N.Y. it Phil.—1st,6s!
Can. So.—1st, int. g’ar. 5s:
2d, 5s. 1*13:
'
Central Iowa—1st,7s, ’99
East. Div.— 1st, Os, 1912j
Char. Col. & Aug.—1st,7s
Ches.it Ohio—Pur. m’vfd.'
1st consol.. 7s, 1910—
i
!
99
9o 41
90
j*
Denv.So. P.it Pac.—1 st,7s.
! ’ Den.it RioG.NVest.-3 st.Os
Det.Mac. <t Marq.—lst.Os
I
i
110
u"f
—
Os,
Os,
Os,
Os,
Os,
j
!
j
1
O
105
37
35
35
39
30
40
30
70
42 4
50
Registered
Funding 5s, 1899
Do w small
T
i
Do
10
109
109
...1 109
1 110
3-05s, 1924
Small bonds
1
*4
•...
I860
1807
consol, bonds
ex-matured coupon.
consol., 2d series
new,
new,
O
103
Os’ deferred
District of Columbia—
[
i
1
registered
..J
BONDS.
Registered, 5s, 1931
99
Pitts. B.it B.—lst.0s.1911
*90
Rome W.itOg.—lst,7s,’91.*107
Con. 1st, ex. 5s, 1922...!
03
92 4
Roch.& Pitt.—lst.0s.1921 ,*107
Rich. & Al.—1st, 7s. 1920;
70
;
Jack.Lan.it S*ag.— 0s.’91
Ext.—1st, 7s.
99 4
90
1014
92
4
05 4
73**
97
Rich.it Danv.—Cons.g.,6s;
Debenture 6s. 1927
1
1909i HOV’llS
2d, 7s, 1891
j
112
S’thw.Ext.—lst.7s.1910. "111
Pac. E xt.—1 st. Os, 1921.! *993, 100
Mo.K.&T.—(Jen.,Os. 1920! 78 *4 79
Coms. 7s, 1904-5-0
] 1004107
52
Cons. 2d, income, 1911.
H. it Cent. Mo.—1st,’90;
Mobile it Ohio.—New. Os. < T05
Collat. Trust. Os, 1892..!
8"
1 100
......! 70
Land grant, 34s, S. A..
| jE.T. Va.it G.—1st,7s,1900 118
.....j 80>4 ; 1st, cons.,5s, 1930
!
Divisional 5s. 1930
!
j 93
1
116
HMil. it No.—1st, Os, 1910.
1121*4,
1
85
°=
99
!
0
6
0
0
0
0
79
Os, coupon, 1893-99
Iowa
!l
j
;
|
>104
1 st, cons., guar.7s. 1900
1st cons., Os, 1900
l
Rens. & Sar.—1st. coup. *132
,
4
;|Mil.L.S.«feW.—lst,0s,19211 101
>1243i Minn.&St.L.—lst.7s,1927 122
1st, reg.. 1921
i •134
Denv.it RioGr.—1st.1900,r
C.Rap.Ia.F.&N.—1st,6s
4
i| Mich. Cent.—Continued—j
Cou]*on, 5s, 1931
1
114 4
114V
A lb. <t
*20 4
7s
192 4
113
Coup., 7s, 1894
Reg., 7s, 1894
-
Hr.
,
1st, 7s, 1884
78.1891
1st, ext., 7s, 1891.
•
Atcli.T.it.
'
4
4
107
Os, new series, 1914
C’mp’mise,3-4-5-6s, 1912
Virginia—Os. old
0
Rhode Island—
KAILKOAD
Del. & Hud. Canal—
1
......
4
Os, 1880
1
\
j
......
3
4
Do
class 2.. 1
Do
to NV. N. C. RR.
Do
Western RR...
Do
Wil.C.it Ru.R.
Do
W’n.itTarR.
Consol. 4s, 1910
Small
Ohio—
! Tennessee—Os, old, 1892-8
Os, new, 1892-8-1900 ...
12
12
10
Special tax,class 1, ’9S-9
Hannibal it St. Jo., ’80.1
do
Do
’87
New York108
Os, gold, reg., 1887
0s, gold, coup., 1887
t 108
113
0s, loan, 1891
0s, loan, 1892
! 115
0s, loan, 1893
! 117
oO
N. Carolina—Os, old, J.<t J.
30
1
10
10
bonds, J.itJ., ’92-8
Do
A.itO
Chatham Rlt
!
112
118
109
109
|
7s, new, 1880
7s, endorsed, 1880
7s, gold, 1890
Louisiana—
New
Os, Act 51 ar. 23, 1809 )
non-fundable, 1888. >
j
•
10
1808-1898
Do
,
110
t
A.itO
Do 7 con p’s off. A.itO.
Funding act, 1800-1900
100
0s, due 1880
0s, due 18S7
0s, due 1888
Os, funded, 1899-1900 ..
7s, L. Rock it Ft. ». iss.
7s, Memp.it L.Rock lilt
7s. L. R.B.B. & N.O. RR
7s, Miss. O. itR. R. RR.
7s, Arkansas Cent. RR
Connecticut— 0s, 1883-4.
Georgia—0s, 1880
Do
South Carolina—
j
100
100
135
135
584
Atl.&Ch.—1st. p., 7s.,’97 j
Incomes, 1900
j
SciotoVal.—1st. cons., 7s.
•St. L. & Iron Mt.—1st. 7s! 112
2d, 7s. 1897
'*197
Arkansas Br.—1st.
-
7s...j 100 4
Cairo it Fulton—1st,7s.'
Cairo Ark. & T.—1st, 7s!
Gen. r’yit 1. gr., 5s. 1931 i
St, L. Alton it T. H.—1st.
107
190
*72*
79 4
2d. pref., 7s. 1894
!
104
income, 7s. 1894
Bel lev. its. Ill.—1st, 8s, 115
Morgan’s La.it T.—1st. Os'
Nash.Chat.itSt.L.—lst,7si 117
2d,
2d, Os, 1901
! 100
St. P. Minn.it Man.—1st,7sj 108 4 10S4
N. Y. Central—Os. 1887.-1*100*4
2d, Os, 1909..2.
! 100 4
Deb. certs, extd. 5s .. I05;'ti
Dakota Ext,—Gs, 1910..; 110
Eliz.C.it N.—S.L.ileb.c.Os
N.Y.C. it II.—1st, cp.,7s 129 4i
99
08
102
1st consol. Os. 1933
1st, Os. 1920
1st, reg., 1903
| I294T3034:
Os, gold, series A, 1908.;
98
Min’s Uu.—lst,0s,1922.
95:4 9o-V Eliz. Lex. it Big S.—Os...
Hnds. it.—7s, 2d,s.f..’85j 105
|
]
Os, gold, series B, 1908.;
130
I
47
48• iiErie—1st, extended,7s...
St. P. it Dill.— 1st,5s,193l!
Harlem—1st, 7s, coup..]
Os, curreuej’. 1918
09
1 0-*4 I
N. Y. Elev’d—lst.7s.190G, 110-2 117 4 So. Car. Ry.—1st, Os, 1920 101*4 1024
2d, extended, 5s, 1919..I 108 4
Mortgage Os, 1911
95
-----*•
2d, Os. 1931
N.Y.Pa.itO.—Pr.l’n,Gs,’95j
Chicago & Alton—1st. 7s.,*.*-.*• H7 4 j 4tli, extended, 5s, 1920.,'
ibo‘“
Shcn’d’h V.—1st, 7s, 1909 105
j 5th, 7s, 1888
,
||N. Y.C.&N.—Gen.,6s,1910, To"
Sinking fund, Os, 1903.!
4
90
General, Os, 1921
I
1st cons., gold, 7s, 1920. 124 4 *244 j
Trust Co., receipts...... *40
La. & Mo. Kiv.—1st, 7s.'
i.07
103 4 !Tex.Cen.—1st,s.f.,7s,1909
4 109
108
1-t cons., fd. coup., 7s..i
IN.Y.
'!
v " it NewEng.—1st. 7si*190
2d, 7s, 1900
1074
190
!
1st mort., 7s, 1911
'
]j 1st, Os, 1905
j Reorg., 1st lien, Os, 1908 *....
ftt. L. Jaek.it Chic.—1st,
99 4;,Tol. Del. it Bar.—Main,6s *20
N.Y.C'.itSt.L.-lst,0s.l921
99
;
Long Dock b’ds,
115 !*•-*;
1st, guar. (501),7s,’94
132
J
!
1st, Dayt. I)iv., Gs, 1910: *]0
2d. Os. 1023
Butr.N.Y.itE.—1st, 1910 130
88
2d (300). 7s, 1898.....;
'
1st, Ter’l trust, Gs, 1910, "10
N. Y. L. E.it\V.-New2d 0 j
| 94-j N.YAY.Sh.it
2d, guar. (188),7s,'98.,
01
i
Va.
Mid.—M. inc.,6s, 1927;*
Buf.itS.W.—M.
Os,
1908'
......
....
it NV.—1st, Os
;
-IN.Y.
Susq.
Miss. R.Br’ge—1st,s.f.Os;
71
127 VNVab. St.L. it P.—Gen’l.Osj*
;
Debenture, Os, 1897
JEv. it T. II.—1st, cons.,Os!
C.B.&Q.—Consol. 7s,1903,
77
Chic. Div.—5s, 1910 ... J ---f
Midland of N.J.—lst.Gs
j Mt. Vtrn.—1st. Os. l‘.*23: 5s, sinking fund, 1901.. *
84
91
Hav. Div.—Os, 1910....! --91*4 Fl’titP.M’rq.--M.6st1920: 10(4---N. Y.N. *I.it H.- 1st.rg.,4s
5s, debentures, 1913
100
Tol. P.itNY.—1st,7s, 1917! 195
Nevada
Gal. IIar.it S. Ant.—1st,Os!
190
Cent.—1st. Os
!
Ia. Div.—S. F., 5s, 1919.
Iowa Div.—Os, 1921
N. Pac.—G. 1. g., lst.ep.6s;
'I 2d, 7s, 1905
|
8. F., 4s, 1919
ilex, it Pac.—1st, 5s.
Ind’polis Div.—Us, 1921
Registered, Os, 1921
Denver Div.—4s, 1922..,
2Detroit Div.—Os, 1921..I
80
Cairo Div.—5s, 1931
00
i
,
L9
13
90
111
71
'
_
->1084
109;<s
I
,
7s,’93.!
Bull.—Cp.5s!
-----
HO
..
t
Wabash—51.,7s,
1909.J
-----
10o4
Tol. & W.—1st,ext.,7s|
1st, St. L. Div., 7s,’89|
Adjustment,..-,
Leh.itW.B.—Con.g'd.as; t
1st Ter’l Tr.t Os, 1920...
main line. 8s
2d, NVaco & No.,8s,1915
General, Os, 1921
!
2d consol.,
Am.D’kit Imp.—5s,1921 /30
C.M.& St.P.—1st, 8s, P.D.
2d, 7 3-10, P. D., 1898.
- ----1st, 7s, $ g., R. D., 1902. ■ 131
1st, LaC.Div., 7s, 181)3.} *---
i
.1)0 4
|:}1
.
!
lions.E.it\V.Tex.—lst,7sj
TOO
O r. it T ra n s’ 1—Os, ’82-1922;
2d, Os, 1913
! 79 ;
Greg. Imp. Co.—1st, 6s...j
Ill.Cent.—Sp.Div.—Cp. Os; 113 4
Middle Div.—Reg., 5s. J
Panama—S.f., sub. Os, 1910
1194 Peoria Dec.it Ev.—1st, Os
! C.St.L.&N.O.—'Ten.l.,7s *i
Evans. Div., 1st,Os,1920
1st consol., 7s, 1897
*117 V
Peoria it Pek. U’11—1st,Os
2d, Os, 1907
....*1104
Gold, 5s, 1951
*105-4 10534 Pac. lUIs.—Ccn. P.—G.,0sl
i
.18
-1st, 1. & M..7s. 1897... 119
1st I. & D.,7s. 1899....{*ll«i
1st, C. A M„ 7a. 1903...|
■Consol. 7s, 1905
j
“,
2d, 7s, 1884
1
,
..
!
1
!
!;
91;:4 ;
Miil’l Pt. Div.. 5s. 1910.1 91
C.& L. Sup.Div.,5s, 1921! -----'8
Wis. & Min. D.. 5Sj_19211
2d,58,T911
-- ! 110
Gt.No.—1st,6s,gold,*I Coupon, Os, 1909
j 80
Kent’kyCen.—M.,6s,1911!
L.Sh re-M.S.itN.I.,s.f„7s *100*4
’
C.&N
Interest
Consol
Escan’ftit L.S.—1st,Os.j
DesM.& Min’s—1st,7s:
Iowa
Midland—lst,8s_.-!
Peninsula—1st,conv. 7s;
Cliicagoife Mil.—1st,7s.'
Win.it St. P.—1st,7s,’87
2d, 7s. 1907
1
Mil.it Mad.—lst.Gs, 1905
13o 128 1
-9b4;10i y
IOO4.IOI 4
93
—-•!
!
Consol
Consol
!
130 |
,*20
consol.,
Consol.,
Col.it Green.—1st,Os,1910
2d, Os. 1920
1....
Col. n.Yal.it Tol.—1st'5s
Dei. Ii.itW.—7s, conv.,’92
Mortgage 7s. 1907...-...!
reg..
_
T08
|
!
Leban’n-Knox—Os,1931
Louisv.C.it Ii.—6s,
105
...
i
!
'
99*2’
L. Erie A W.—1st.
1931
Os, 1919:
93
Sandusky Div.—Os,1919 *
Laf. Bl.it 5r.-lst.0s.1919 *
Louisv.N. A lb.it C.—l st.Os
Man bat. B’cliCo.—7 s, 1909 *
87
79 4
no
N.Y.Laek.itW.—1st,Os *1174
*
No price
123
;[ Consolidated 5s. 1902
I
Os. 1909
..
Friday—these are latest quotations made this week.
(Interest payable if earned.)
Allog’y Cent,—Iuc., 1912.
So.—Gen.,7s,1909:
Exten., 1st, 7s, 1909j
,
Mo. Pac.—1st, cons., Os.
3,1, 7s, 1900
100
192
Mo.—1st, Os!
2d, 7s. 1801‘
190
lll;,i
3-Os, class C, 1900
j
3-Os, class B„ 1900....
1st. Os, PeirceC.it O..I
00:*4
Pacific of
mol
104 »4
1*194 4
! 110 4
1895..J
t., Os. 1031..
..
Income it Ld. gr., reg
1
1st, RioG. Div.,Os, 1930!
15
!‘8
08
.
So. Pac. of Cal.—1st, Os. j 101 7J
Union Pacific—1st, Os., 11334!
Land grants, 7s,’87-9. *107 4 108 4
Sinking funds, 8s, ’93. 110 1110 a4
97
90'h
93
i
Pennsylvania Ult¬
ra. Co’s gu 1 r. 4 4s,1st c.
Registered, 1921..—
Pitt.C.itSt. L.—1st, c.7s
1st, reg., 7s, 1900
2d, 7s. 1913
1
100 4
92
484
48-\
70 4
70
9534
05-V
Clev. it Pitts.—Cons. s.f. *
4tli. sink, fd., Os, 1892. 110
2d. 7s, 1898..
2d, eruar.. 7 s. 1898
t
Chic. & E. 111.—Inc., 1907
DesM.it Ft. D.—1st, inc. ,0s
Dot. Mae. it Marq.—Inc..
E.T. V.itGa.- Inc.,Gs,1931
G. BavNY.it St.P.—2d,inc.
Ind. Bl. «t \V.—Inc., 19101
Trust Co. certificates...!
Leh. it NVilkesb. Coal-’88!
Lake E. it NY.—Inc.7s, ’99[
115a4
..J
Coupons cn since 1809.
i
ao
30
28
284
—-
44
*70
*^0
30
*81
05
37
82
Sand’ky Div.—Inc.,1920
Laf. B1.&Mun.—Inc.7s,’99
51 il. L. S. it NY.—Incomes
5Iob. & O.—1st prf. debon.
2d pref. debentures
3d pref. debentures
4th pref. debentures
N. V.Lake E.itNV.—Inc.Os
Ohio Cent,—Income, 1920
Min’l Div.—Inc.7s,1921
Ohio So.—2d inc.. Os, 1921
Ogdens.it L.C.—Inc., 1920
PeoriaD.it Kv.—1 nc.,1920
Evans. Div.—Inc., 1920
Peoriait Pek.U n.—I ne.,Gs
Roch. it Pitts.—Inc ,1921
Rome NY. it Og.—inc., 7s.
73 *s
T6*‘
39*“
30
28
80
52 4
15
*19**
**4*6“
50
*40
*42"
23
05
Car.Ry.—lnc.,Gs, 1931
st.,7s, pr.i.a
um’latlve
St’gl.itKy.-SOi B.,inc.’94
1114
94
95
Consol., Inc., Os, 1921..Ind’s Doc.it Spr’d—2d inc!
St.L.A. it T.H.—Div. bds.
Sbena'li V.— 111c.,0s, 1923
j!
23
93
la.—Coup.debtctfs.
Ch.St.P.it 51.—L.g. inc.,Os
2d, Os, int. a
!
100*4
Cent,
St. Ti.it 1.51.-
V
•
BONDS.
Atl. it Pac.—Inc.. 1910...
Central of N. J.—1908....
so.
Pitts. Ft, \V. it Ch.—1st! 137
2d, 7s, 1912
: 134
127
3d, 7s, 1912
St.L. V.ttT. IL~lst,g.,7sj
INCOME
N.Y.P.itO.—lstinc.ac.,7s
99:*4
103*2
Tex.&Pac.—1st,Os,1905 104
"90
Consol., Os, 1905
j
77
107
Oregon RR. it N.—1st, Os
So. Pac. of Mo.—1st
i'20’
Syr. Bi 11 g.it N. Y1 st,7s T 24
Metr’p’lit’11 El.—1st. 1908 1004loi
Morris it Essex
1st,7 s 138 !
2d, Os, 1899
....j 89 r3 00
2d, 7s, 1891
*113 4 114 4
*00 i
Mex. Cen.—1st, 7s. 1911.
Bonds, 7s, 1900
109 j
7s of 1871, 1901
"118 I
Mich. Cent.—Con.7s,1902 124 4 125
1st, consoi.. guar.. 7s.’
102 7e
108
Gen.
97
N. Y.it M. B’h—lst,7s,’97
Marietta it Cm.—1st, 7s.1
I
"
*
Os.j ^02-2
Equipment, 7s,
i bo'
105
90
il4*4
.
West. Pac.—Bonds, Os 1
St. L.ifc S. F.—2d,Os,cl. A1
Pensac’la Div<—Os, 1920
8t. L. Div.—1st,Os, 1921 j
2d, 3s, 1980
!
Nashv. it Dec.—1st, 7s.j 114
s.it X. A la.—8.f.,Os, 1910
90
98
\
General, Os, 1930
...
San Joanuin Branch.,
Cal. & Oregou—1st, Os!
State Aid bds., 7s, ’84,*102
Ijand grant bonds.
Ut.
1224'
2d, 7s... j 12ly4i;2J*4 '
Long Isl. R.—1st,7s, 1898 119
1st consol., 5s. 1931
;
Louisv.it N.—Cons.7s,’98i iir»'
2d ,7s, gold. 1883
! 101
Cecilian Br’ch—7s. 19071
N.O. it Mob.—lst,0sl930j *i)o‘
E. H. it N.—1st,Os, 1919 *98
C’.C.C.ifc I lid’s—1 st ,7s,s.f.! 12134 123
121
>
Consol. 7s, 1914
C. St. P. M. it O.—Consol, ,0s 108 !108-H
O.St. P.it M.-l st,0s,1918 115 4 110 4
N. Wis.—1st, Os, 1930..1
1.13 4
St.P.itS.C.—Ist,0s.l919 113
97
95
Chic.it E.lll.—lst.s.f., cur.;
Chic.St.L.itP.—1st,con 5s
1st, con., 5s, reg.. 1932.:
Chic, it All.—1 st, • s, 1920
4;'.
.
11214
100
120
110
coup., 1st, 7s. *125
reg., 1st. 7s..! 1254
conj)., 2d, 7s.' 1214
101
100*
Han.it Naples—1st,7s
Ill.&So.Ia.—1st Ex.,Os
104
4
St, L. K.C.itN.—R.e.7s
1004
Oni. Div.—1st, 7s
80
"93
Clar’da Br.-0s.1919!
83
'9o
St. Chas. Br.—lst.Os!
119
No. 5Ii>souri—1st, 7s. j
114
i 2 4 112 V West, Un. Tel.—1900, cp.
114
107
4!
1900, reg
loo
••••
N. W. Telegraph—7s,1904
103*^
84 4 85
Mat. U 11.T.—S.F.,0s,1911
Den. Div.,0s,as’d,’99' 108*4 109
99 4
99
1st consol., 6s, 1919.
C.Br.U.Ib—F.c.,7s,’95 100
”94“
93
At.C.it P. -1 st,Os, 1905
90
At. J.Co. itW.—1st, Os!*
Oreg. Short L.—1st,Osl 94 4 95
Det.M.itT.—1st,7 s,1900; 123
84
89
90 4
87
.1117
Registered 8s, 1893...
Collateral Trust, Os...
do
5s, 1907
Kans. Pac.—1st,Os,’95 T07
1st, Os, 1890
j '107
Clove. & Tol.—Sink, fd. *'10434
New bonds, 7s, 1880.. *104
Cleve. P. <t Ash.—7s
I 110
Buff. & Erie—New bds. 1*118
Kal. it \V. Pigeon—1st.!
.
j
Coupon.gold, 7s, 1902..
Reg., gold, 7s, 1902
Sin Ring fund, Os, 1929.
Sinking fund, 5s, 1929.
Sinking I’d,deb. 5s, 1933!
sinking fund, reg
|
i
Int.it
JHJ'e
Exteus
1st, 7s. 1885
1st. Miu’l Div., Os, 1921.
1921
|
Oreg’iiitCal.—1 st.Os, 1921!
Ohio So.—1st, Os,
974
----
2d. ext,, 7s, 1893
)*100
Equiji. b’ds,7s, 1883..
84
Consol, conv., 7s, 1907,'
Gt. West.—1st, 7s, ’88; 104
2d, 7s, 1893
Q. it T.—1st, 7s, 1890.!
Tol. Del.it B.-Inc.,Os,1910
Dayton Div.—Os, 1910..
Tex.itSt.L.-L.g.,inc.If 20
Gen. L. Gr.it Inc.—1931
Tex.itSt. L. in 5f<»
A 2d
35
50
386
THE
CHRONICLE.
RAILROAD EARNINGS.
Tlie latest railroad earnings and the totals from Jan. 1 to
latest date are given below.
!
utest
Earnings Reported.
New York City Banks.—The following1 statement shows the
condition of the Associated Banks of New York City for the
week ending at the commencement of business on Oct. 6:
Average amount of—
Jan. 1 to Latest Date.
Banka.
Roads.
Wecic
Alo
<//■
1863.
$
AJa.Gt.Bouthero
Atoh.Ton.A S.Fe
Buff.N.Y.&Pliil.
Bur.Ced.R.ANo.
Canad’u Pacific
Central of Ga...
August
August
—
90,210
130,000
July
171,800
Central Iowa— September
Central Pacific. September
115,051
2,311.000
85,410
Cliesap. A Ohio. 3,1 wk Sept
Chicago A Alton IstwkOct.
216,132
Chic. Bur. AQ.. August.
2,495,124
Cliic. & East. Ill. 4th wk Sep
42,152
Chic. AGr.T.runk WkSept.29
68.651
Chic. Mil.&St. P. 1st wk Oct.
539,000
Chic. A Northw. IstwkOct.
607.800
Ch.St.P.Min.AO. IstwkOct.
133.800
Chic. A W.Mich. 3dwk Sept
32,901
Cin.Ind.St.L. AC. 3 wks Sept
175,752
Cincinnati South August
241,133
Cin. Wash.A Balt! 1 st wk Oct.
44,806
Clev.AkronAColjlth wk Sep
Clev.Col.C. A hid August
Connotton Val.. August
Danbury A Nor.!.July
423,777
40,498
22,648
149.200
Eastern^
14th wk Sep
!3 wks Sept
E.Tenn.Va.AGa 'September
Eliz. Lex. A B.S ,3dWk Sept
Evansv. A T. H. 3d wk Sept
Flint A P. Marq.Sith wk Sep
Flor. Cent. A W. 3d wk Sept
Flor. Tr. & Pen. 2d w k Sept
Ft.W. A Denver. 3d wk Sept
Grand Trunk,.., WkSept.29
Gr.Bay W.ASt-.P. 4th wk Sep
Gulf Col A San. Fe 3 wks Sept
Hannibal A St.,1 < 1 st wk Oct.
Hous.E.AW.Tex, August
(’en.(III.)| uh wk Sep
Do
(Iowa) 1 til wk Sep
Do
So. Die 4th wk Sep
Ind.Bloom.A W. 4th wk Sep
K.C.Ft.S. A Quit 3d wk Sept
Kentucky Cent. September
K. C. Law. A So.
L. Erie A West’ll
L. R. AFt.Bmith
L.Rk.M.Riv.AT.
August
Dt wkOct.
September
September
Long Island— IstwkOct.
La. A Mo. River. July
Louisv.ANashv.j 1st wkOct.
'
14.155
Denv*. A Rio Or. 1st wk Oct.
Denv.A R.Gr.W.llst wk Oct.
Dee Mo. A Ft. D. 3d wk Sept
Det. Ban. A No..;4th wk Sep
Dub. & Sioux C.
Illinois
18sl
1883.
$
73.794
Mar.Hough.A O. 3d wk Sept
Memp. & Chari. jSepL mber
.Mexican Cent..I istwkSept
Do
No.Divl.3d wk Sept
Mexican NatT.JlthwkAug
Mil.L.Sh. A West 1st wk Oct.
Minn. A St. Louis August
11 Missouri Pac.. (IstwkOct.
26,600
8,399
44,326
29,201
*
637,823
497,380
9,105,929
9,206,014
1.969,724 1,976,036
3,971,462 1,782,656
1G5.914
1,594,300 1,458,449
112.824
848,112
914,781
2,495.445 18,174,34: 19,078,621
81,696 2,766,520 2.318,773
218,981 6,517,339 6,121,821
2,086.858 15.725,032 12,867,47s)
45,026 1,223,149
1,306,716
68,000
53.850 2,119,324
1.541.234
508.798 17,130.000 14,606.862
581,000 18,628.705 18,020.861
116.200 3,945,821 3,049,594
28.829] 1,117,229
190,723
1,772,720
228,3341 1,625,565
44,739
15,165
1,423,790
399,802
436,318
29,123
19,974
157,400
2,645,830
120,450
4,945.700
1,044,391
1.S37.872
1,031,869
1,319,633
367.609
2,710,091
110,244
4,920,199
7,677
47,273
29,124
228,197
1,168,962
776.773
803.364
244,327
385,085
242,757
2,474.248
17,266
17,308
61.599
9,939
10,562
21,435
59.937
8,685
5,942
2,645,063
2,895,723
507,110
529,437
1,851,754
290,789
8,517
9,800
134.349
58,100
57.400
30.324
2
175.300
51,000
92,700
71,590
49,767
92,246
189,006
31,704
43,774
26,906
61.477
52,100
325,870
33.325
106,659
27,563
248,442
1,173,972
2,263,063
338,765
639,100
1,554,273
‘281,812
277,508
333,874
400.339 12,978.047 12,008,925
402.790
10,095
166.299
10,774
.543
163,7.8 1
46,651
70,972
70,422
32,823
75,509
154,968
24,629
43.401
24.938
57,463
282,171
272,065
1,928,23-)
1,701,763
199.935
16 <.214
1,8'9.65)5
1,413.915
2,801,407
2,217,808
1,321,1 10
5,129.068
1,041.630
758,095
357,884
299,3*6*8
256,231
180,357
2,014.050
252,900
9,311,171
1,107,717
2,299,665
1.5)07,760
1,108,52 1
353,400
280.855 10,382,350
33,656
658,573
862,256
84,474
44,300
1st wk < >et.
Tradesmen’s....
Pulton
Chemical
Merchants’ Ex..
Gallatin Nat...,
Butchers’* Dr..
Mechanics’ & Tr
Greenwich..
Leather Man’f’s
Seventh Ward.,
State of N. Y
American Exch.
Com merce
6,130
17,356
21,146
18,450
194,515
495,125
756,614
124.856
122,893
1,029,411
341,300!
I,053,000
3,020.400
5,000.00u
13.027,000
10,712,200
5,051,700
0,432,700
284,700,
45 0,8901
1,614,00 01
2,22),900 j
Republic
...
1,500.000
Chatham
...
450.000
200.000
700.000
People’s. ...r
1,000,000
500.000
Metropolitan
000,000
500,000
500,000
Nassau
Market
300.00C
Marine
Park
Wall St. Nat
North River.
ffiast River
400.000
1,500,000
|
! 2.000.000
500.000
210.000
!
...J
250.000
3.200.)'00
2.000.000
Fourth Nat’nal
Central Nat.......
Second Nat.ion’l
Ninth National.
Fir3t National..
Third National.
N.Y. Nat. Exch.
Bowery Nat’nal.
300.00C
150.000
500.0 -0
1,000.0 r
300.0U0
25<).d00
200.000
75 0000
3<'0,"00
100.000
200,000
200.000
500,000
YorkCounty.j
ierm'n Ain'c'n.. j
Chase National.
Fifth Avenue..,
German Exch.
Germania
U. S. Nat
I
Lincoln Nat
i
649,786
921.234
'
Scioto Valley..
47,526'
45.462'
July
285,901
289.944!
South Carolina August....
85,35 4;
726,605
75)4,It 3
79,8 2 2
Tol.An Ar.AG.T.! J une..
|
72,000
j
80,975
Tol. Cm. A St. L.'2d wk Sept
31,500!
I
Union Pacific... August
2.652.000 2,770,000 13,632,76') 18,755,278
Utah Central... August
93.5361 120.877
753,105 1,011,"09
Wab.St.L.A P...! 1st wk Oet
West Jersey
August
Wisconsin Cent.'3d wk Sept
*
400,261
215,986
30.035
Since June 1st in 1883 includes
27.571,
294.490
269,109
368,011 i 12,517,488 12,653,022
199,246!
871,988
778,902
|
5)99,24 i:
earnings of Cent. RR. of New Jersey,
t Freight earnings.
J Included in Central Pacific earniugs above.
Includes St. Louis Iron Mountain A Southern in both years.
||
M Includes International A Great Northern iu both years.
58 <>»)(>
540,400
139.500
Circula¬
tion.
$
8,050,000
6.193.800
6,669,100
7,373,000
3.290.600
450,000
317,000
7.443.400
3,002,000
595.000
1,100
256,600
7,510,700
105.6001
793,o66
2,037,800
95,0001
1.339.600
378.500 15,004,500
399,200
2,"99,100
144.600
2.421.500
68.400
1,628 ,• 500
96,000
1,(160.000
96 >,300
130.600
389,800
2.779.400
85,700
1.2 2,300
155.400: 3.592.500
1,439,000| 10,100,000
l,;"2a.70uj 11,302,500
379.600
4.2 9,200
55‘ ,0 ol
6,921,000
165.100
2.654.900
223.900
2.808,(500
264.900
4.163.600
109.6001 1.808.500
2"5.300
3.288.200
1,014,900; 10,3. >5.700
; 14,i 00
2,861,000
478,000; 8,659,000
21 ,600
2,*561.800
125.9001
2.547.400
113,100, 2.523.900
39.100
2.042,400
166.0001 2.8*2.090
3.822.200
168,000,
32 ',300
6.796.900
281.700
770.900
242.900
45,000
2,600
525.700
15,900
900.500
894,900
260,000
180,006
45,000
5,100
90,000
377.000
2.152,000
266,000
449,300
456,bo6
4,600
450,000
„
298.100
2.U08.300
29 \4(l i
*50,",300
451,300
15,O47.100i
235,000! 4.142,0 0
270.000
1,276,500: 21,555.100 1,329 900
981.100 21,336,400;
45,000
127/»oo; 1.76",700
168,000
1,500,000
9 4,7.10
934.100
222,700
966.500 1.5, .88), 300
351,000
18 5,000
8,344,000!
297,000
290,000
3,9 *5,000:
45,000
5,034.6 '0
276,066
l.lOl.loT);
174. 00
1
609,000
294,900
5,277,600.
3.200]
56' ,400
61.100
535.900
100,9)0
205.000
314.000
110.600
180.400
107.500
1,862,7)00,
225,000
180,000
2.172. *00;
2.343.900
5.435.400
2.124.800
2,115,6 0
2.343.500
5.148,300
2.489,000
45,666
444,500
45,900
671,000
179,700
61.162.700 326,059.5100 5(5.(502,900 23.503,8001312.0 *0,200 ’.5,082,800
Total.
The deviations from returns of previous week are as follows:
The
are
Sept-22., .331.701,900
29.. .329.764.000
Oct.
6.. .3*26.059.900
“
Boston
1883.
Sent 24..
oet.. 1..
8..
*
L. Tenders.
$
Deposits.
*
*
■
318,013.400
15.408,300
24.077.300
314.137.500
15.193.560
56,602,900
23,503,>00
312,030,200
15.082,830
Deposits.* Circulation. Agg.Clear.
^
4,967,500
4,769.600
5,722,700
♦
700.082.400
703.567,3:30
7 59.872,865
the totals of the Boston banks:
are
L. Tenders.
Specie.
115,700
:
55.324,400
Banks.—Following
$2,017,300
Circulation. A9 .Clear.
55.360.300 26.050.4')0
Loans.
$
143.675,660
142,66", 600
142,236,600
Including t he item
“
Dec.
Dec.
the totals for three weeks
Specie.
$
Loans.
$
Not deposits
Circulation
1,278,500
568,505
Dec.
following
1883.
$3,704,100
•.
Lie.
90.0.35,900
89.654.500
4,404.200
4,653.800
4,416.200
90,608,300
|
4
27.307.000
64.836. Ill
59.482.125
27,244.800
27,*99,200
74,8.7,606
duo to other bunks.
Philadelphia Banks.-The totals of the Philadelphia banks
are as
follows:
Loans.
J
IS83
Deposits.
Circulation.
$
69.010.'564
1.7
77.9:1,164
1M.814.155
69.912."93
8
77,955,914
18,751,7:2
70,147,539
i
9,317.791
9,292,523
9,2" 1,823
55.865 088
51.762.5J2
62,713,335
Bid. Asked.
Am. Railw’y Tmp.Co—
Ex bonds.and stock.
Bid. Asked.
N.Y.W.Sh.ABuff.—Stk
2-1
Atl. A Pac.—Gs, 1st
22
Incomes
Blocks 135 per cent. .104
Cent. Branch
Accum’d I’d gr’t bds
Am. Safe Deposit perp. tual dob’ure bds. 100
Bost.H.A E.—New st’k
r,s
Oal
a4
Bull'. N. Y. A Phila...
Pref
Chic A Atl— Stk
45
dcl.wh.iss.on old sub
71)4
North Pac. div. bonds.
No. Rlv'.Const.—lOop.C 82
N. J. Sou them... 7
Ohio C.—Riv. Div. 1st. 31
5
Incomes
Oregon Sii. Line stock 13
Bonds
93fi
Pensaev A Atl
lbtD4
-
....
....
....
....
....
do beneficiary
1st mort
stk..
....
....
....
*4
lfj
1st mort
...
Pitts. A Western.
....
1st mort
....
21
Ricli.AD.Ext.subs.70#
....
Con tin’ t’l Cons. Imp. Co
do
do
Sop.c.
bonds and stock.
Roch.APitts. cons., 1st
Rutland RR
Pref
....
Light,...
82
12
.
.
•
0l4
22 Lj
91
13
34
90
•
52
93
90*
.
.
•
Kcely Motor
L.A N.col.trust bds '82
7,8)4
Lehigh A Wilkesb. Co.
11
Mexican Bonds—3 p.c.
Mexican. Nat
*
SI
31*2
Mich. AO.—Subs.85 p.c
M. K. A. T. inc. scrip. 30
4
Mahoning Coal A RR.
Incomes
do
bonds in Texas
90
79
20
•
•
•
gra’tAiue.bds in Tex
Texas Pac. ine. scrip.
U. S. Elec. Light
Vicksb’g A Meridian :
©
6
32
100
„
„
.
-
•
•
•
•
99
65
25
m
’
•
•
....
....
90
127
4
Pref
■
1*5
...»
.
Tex.AOol.Imn.—60 p.c 85
e'x-bd
T. x A St. L
1st mort.,M.AA.(liv.
150
79 "2
37
8-
1st mort
24
83 64
do
Incomes
: St. Jo. A West
St. Jo. A Pacific 1st.
..
1st mort
Denver A N. Orleans.
Edison Elec.
34
32
Sel.,R.AD.st’k.st'mp'd
.
Den.A R.G.R’y—Cons. SO
Denver Rio. G. A West 101s
Ga. Pac. R’y., 1st m..
r. B. A W. inc. bds....
87
7 0*3
ex
....
1 I
Picf
32
/ 5
...
Chie.ACan.South
CommercTTeleg’m Co.
Agg. Clear.
*
18.177,165
Oct.
*•
Law/ul Money.
78,160.548
Sept. 24
...
'
140.100
702.200
1,807,000;
200,000
...
...
1,848,000
295,600
132,9i.O
1.010,300
1,082,20 > 1,3 '6,500
2,050,8 X)i
480.400
69.300!
822,200
300.000
Garfield Nat.... j
205.500
233,300.
571,000
645.500
4,772,200!
0,041.4001 1.468.200
103.400
2,182,300!
3,501,0001 835,0: h)
10,017,2001 4,2.40,400
17,040,00 1 4.326,700
260,000
1," 10,800
21,000
1,5.87,000
178.900
1.138.200
10,2 -2.300 3,8l0,3u0
711,000
8,118,0 )0
5"8,< 100
3,401,00 i
974.100
5.30 ,2oO
14.55 1.000 3. *49, i<) i
783.400
5.314.100
92. -00
1.427.500
1 ,"20,500,
310,000
19.100
1,733.4001
2,7 2.8001
279.100
78 1,60 I
3,740,3001
2,122,000 j
386,*00
500,000
1,000,000
1.000.000
importers' A Tr.
1,753,100;
2923,800
2,407/ o)
2,817,000
2.440.100
2.4 "3,000
500,000
3t. Nicholas
Shoe & Leather
Corn Exchange.
Continental.
Oriental
303,300!
II,745,000
3,000,000
...
Citizens’
683,100!
1,199,000!
37",v 00
673,800!
875.500
122,600
2,14",800
4.343.200
3.740.200
1,031,500
3,2 10,000
0,240,700
3.0 4 7.'.00
422.700
...
21,500]
3,417,000
5.O00.000
1,000.000
North America.
Hanover
398.900
206,000
600,000
300.000
HOC,000
Specie
Legal ten ters
381,834
36,759
274,097
135,740
828,430
184.021
32,204
3,422,400
4,002,200
1.770.200
000,000
1,035.500
200,00C
200,000
1,000.000
v,
13,5."5,000
300,000
1.000.00C
1,000,000
300,000
Loans and discounts... .Do
/
Vicksb’rgA Mer. 1 August
7.204.500
3.154.500
1.672.100
000,000
Broadway..
Tenders.
916.700
831,000
2,0 "1,100
380.500
375.700
4,934,903
294.700
440.400
3,289,000j
Mercantile.......
Pacific
725,930
351,785 12,735), 491 11,158,489
65 4,659
20,747 1,092,848
M Mo. Kan. A T. j) st wk Oct.
256,643 8,290,087 7,033.906
Tex. A Pacific. 1st wkOct.
112,92.
4.586.561
3,550,932
Whole System IstwkOct
742,095 20,708,937 22,398,006
Mobile A Ohio.. ,Septeinber
157,879 1,44c, 902 1,309,475
Nash.Ch.ASt.L August
216,658
18s).787
1,514,115 1,357,605
N.Y.L.E.AWest. June
2,057,547 1,756.684 10,167,465 9,300,613
N. Y.AN. Engl’d!August
3 i
346.490, 2,315,109 2,177,413
N. Y. Susq. A W.{August
103,637
6 8.32 T
70,739
447,419
i
Norfolk A West !September j 273,171
232.774
1.963.504
1,671.429
Shenandoah V September:
6 It),019!
91,6-5!
295.386
63,71 t
Northern Cent. J August. ...! 587,272; 625.970 4.0 :6.410| 3.698.215
Northern Pacific
IstwkOct.; 359,40 »j 223,9 45 6,5) 17,15 i; 5,07 / ,362
Ogdensb.AL.Ch. August
67,700!
68,800
Ohio Central
3 4.1051
24,182
{4t li wk Sep
735,882
746,949
Ohio Southern., j4th wk Sep
9.090
9,344
301,99c!
265).480
I
Oregon A Cal ...July
I 87.000
323,212
Oregon Imp. Co.1 August
j 3«i6,707 270,849: 2,583,122! 2,049.526
Oregon R. AN.CVSeptember ( 581,800
551.013
3,875,262 3,771,244
Pennsylvania ..(August ..I 4,775.380 4,671,175) 33.2 5 8,905) 31,471.176
Peo. Dec. A Eve. 4th wk Sep
20,790
21,609
586,503
528,4821
Philadelp. A Eric August.
3 "3,890
420,329 2.656.160; 2.522,099
Phila. A Read.*1 August
3.538,033(1,975.95)3 17,4"2,5)37 13,533.948
Do C. A Iron
(August ...{1.866,105; 1,615.208 10.477,659 9,309,932
Rlchm.A Danv. September! 1362,292 1340,581
2,716,974 2,556,296
ChTCol.AAug. 3d wk Sept
114,210’
110,290
532,273'
450,236
Columb. A Or. 3d wk Sept (
115.650!
15),208
485,618!
441,553
Va. Midland.. 3d wk Sept'
t29,027i
119,468 1,132.519!
975,786
West No. Car. Septembci
263.115
t27,172
UO, 241!
173,613
Roeli. A Pitteb’g l st wk Oct
18,398!
5.655!
I
Rome Wat. A Og August...
...I
171,15)3; 181,799
St Jolmsb.A L.C July
20,187
21,079
141,6)8'
132,450
fit. L. Alt. A T.H i4 til wk Sep!
40.324 1,008,698! 1.039. ,77 5
36,371;
Do
(brchs.M-ith wk Sep!
24.850
25,030
55)9.077
635.936
St. Louis A Cairoj.Jd wk Sept!
9,562
9,223
277.113!
264.347
Bt.L.ASan Fran 1st wk Oct.,
80,50o!
78,35)1
2,629,25)7
2,Si?3.53"j
8t. Paul A Did..list wkOct.,
31,888!
32.450
96;.216;
7,4.4 36
8t. P. Minn.A M '4th wk Sep
259,821: 256.295 5.932,725 0,118,804
Bo. P.ic.Cal. N.D Jane
121,196
122.759
561,658
533,5)08
Do So. Div.! June,
387,319; 25)0.790 2,129.008 1,983.283
Do Arizona*. June
236.335
153.357
1.283,585 1,321,279
Do N. Mex; J une
72,037
356.583
37,202:
400,234
Central Br’ch
City
924,328
1,101.748
10,55*0,200'
3.000.000
1.000,000
1.000,000
1,000,000
Phoenix
Net dep'ts
other
than U. S.
Legal
Specie.
8.S32.000 1,723,GOO
557,000
7,011,100'
808,000;
526,5001
663,* 001
7,500,400; 1.104.200
8,380,0001
870,000 j 1,007,0001
4,223.300
755.700
149,700
2,000.000
1,200,000
Union
America
.
2,175),636
Loans and
discounts.
*
2,000,000
2,050,000
2,000,000
New York
Manhattan CoMerchants
Mechanics’......
Irving
610.700
32 >.358
Capital.
1882.
$
1,263,900,1,251,062
265,000
232,763
August
4tli wk Sep
81,712
75.235
1st wk Oct
[VOL. XXXVII.
.
1st mort
2d mort
96
Incomes
23
.
•
•
OS1-!
25
October
397
CHRONICLE.
THE
13, 1883. J
—
■
-
-■
The increase of $1,798,457, being- 18 per cent in the gross
expenditures, is because of rentals paid for the American
cables, the Cuba cables and the Gold & Stock Telegraph Com¬
^Investments
AND
(all the rentals paid by the company being" charged in
expenditures', whilst these rentals were paid for only
a small portion of the preceding year,
The percentage of cost of operating the land lines of the
company has been steadily reduced.”
pany
intelligence.
railroad
current
“
Supplement contains a complete exh ibitofthe
Funded Debt ofStates and Cities and ofthe Stocks and Bonds
The Investors’
of Railroads and other Companies. It is published on the
last Saturday of every other month—viz., February, April,
June, August, October and December, and is furnished with¬
out extra charge to all regular subscribers of the Chronicle.
Single copies are sold, at $2 per copy.
Northern Pacific Railroad Mileage and
Bonds.—The total
mileage operated by this company, on which its earnings are
based, is now reported as 2,365 miles, including branches. The
part of this mileage on which first mortgage bonds may be
issued, as recently stated by the Vice-President, Mr. Oakes, is
only 1,874-38 miles. The provisions of the mortgage deed are
quite clear as to the road on which bonds may be issued, includ¬
ing only the main line and one branch, described in the follow¬
ing language :
“
The
general route of the said main lino of the said railroad has been
r.USINESS OF Till: YEAR.
$1,00-1,2-10
Surplus July 1, 1882
The revenues, expenses
ended June 30, 1883, were as
and profits of the year
follows:
$19,4M,002
Revenues.
Expenses (including leased line rentals and taxes) 11,794,553
$7,600,340
Profits
$9,324,58i>
From which there
-was
applied:
$5,199,124
For dividends
For interest on bonds
For
426,817
40.094
sinking fund appropriations
5,666,035
$3,658,55 3
Deducting which, leaves surplus June 30, 1883, of
Represented
as
follows:
Surplus of net revenue for the year over dividends, interest
and sinking fund appropriations
$1,994,313
1,664.210
Surplus at commencement of year, as above...
located, from its terminus in theState of Wisconsin at or near the mouth
of the. Montreal River, which river forms in part the boundary between
$3,658,553
Summing up iu round numbers, the net earnings for the year
$7,660,000, out of which $467,000 wrere paid for interest
tin*general route of the said branch across the Cascade Mountains has ij vrere
and sinking
bonded debt,
the states of Michigan and
Wisconsin and flows into Lake Superior, to
its terminus cn Puget Sound via the valley
been located from the said main
of the Columbia River; and
line to the same terminus on Puget
Pursuant to the above
provisions in the mortgage deed,which,
observed, includes no branch road except the Cascade
branch, the mileage oh which bonds may ever be issued would
appear to be substantially as follows :
Main Line*.—Superior, Wis., to Wallula ^Junction, Oregon
1,679-00
it will be
New Tacoma to Kalama,
Wash.Tor
\
)
Superior, Whs., to Ashland, Wis., 60
Prom-ess
j jobless. _ J
) Kalama to Portland, 42
Iii
in
Projected—Ashland, Wis., to Montreal River, 50
Cascade Branch.—New Tacoma to Carbonado, Wash. Ter
105-50
5-.88
3
34-00
completed road October, 18S3
:
1,874 38
Projected—Carbonado to Palouse Junction via Yakima Valley
Total
274 miles
about
With the above details
we
have the following
which Northern Pacific bonds may
mile, viz.
mileage
on
be issued at $25,000 per
:
Total miles completed October, 1883,
Total probably completed in 1834,
Total if Wisconsin division is finished
to Montreal River,
Total if Cascade branch is finished,
1,874-38=
1,920*50=
1,970-00=
2,240*50=
$46,859,500 in bonds.
48,012,500
*‘
49,250.0)0
56,012,500
From the above amounts in each case must
“
be deducted the
full amount of the Missouri and Pend d’Oreille
division bonds
$6,481,000, against which the first mortgage bonds are held and
cannot be issued except to extinguish them.
In making the foregoing estimates of roads in progress and
projected, the following account may be given of their present
status. The Portland division to near Kalama, and the Wiscon¬
sin division as far as Ashland, are in active progress, and will
probably be completed early in 18S4.
The road from Ashland
Montreal River, 50 miles, will probably not be con¬
structed for some time. The Cascade branch or division has
east to the
fully surveyed or located, and in view of the financial
for
the present in other directions, the constructUn of
demands
its unfinished portion, say 274 miles, will probably be post¬
not
been
poned for
seme
time.
ANNUAL
and $5,199,000 in dividends
of
the
on
surplus before accumulated.
During the past year the Mutual Union Telegraph Company
has been absorbed by lease, the rental agreed to be paid being
the interest on live millions of dollars in outstanding bonds*
and a sum equal to one and a half per cent per annum on its;
capital stock of ten millions of dollars. This transaction was
followed by the usual vexatious litigations and injunctions, in¬
volving extraordinary expenditures of over three hundred
thousand dollars, from being compelled under the restraining
older of court to operate that company separately for somemonths after its absorption. But for these unforeseen elements
in the business of the year the protits for the year would havt*
reached eight millions of dollars, as estimated in the last
annual report.” * * *
The company has other large and valuable assets, which
were not purchased and paid for at a fixed price, but which
were
taken over under contracts with the several companies
absorbed by lease or amalgamation, and which, therefore, had
no specific cost value at which they could
be entered into the
general accounts of the company. These are included in the
following list of marketable assets in the treasury of the
company, June 30, 1883, with their marketable value as nearly
“
“
as can
be ascertained.
Par Value.
Marketable Securities.
Gol! & Stock Telegraph Co.V stock
Go d <fc Stock Telegraph Co. of Caliioi ma, stock
Gold it Stock Telegraph Co.’s bonds
1 nternational Ocean Telegraph Co.’s stock
REPORTS.
Company.
{For the year ending June 30, 1883.)
The report was submitted at the annnal meeting held this week,
when the old board of directors was re-elected with only two
exceptions. Mr. John Hay was chosen in place cf E D. Wor¬
cester, and Frank Work in place of Z. G. Simmons. The report
is very biief in details, and gives general results only. Thus,
it is not stated what the operating expenses were as dis¬
tinguished from the numerous rentals, and the amount of these
various rentals is also unknown, although they are becoming
a very large amount in the annual disbursements.
No general
balance sheet is giveD, nor any statement as in former reports
of the amount of the expenditures for new construction,
patents, &c.
Dr. Green, the President, after commenting upon the progress
of the company for-some years past, remarks :
“Nor does the past year exhibit any lagging in the race of
progress. It exhibits an increase of 13,234 miles of line, or
about 10 per cent; and of 58,358 miles of wire, being 15/£ per
cent over the previous year; while the earnings show an in¬
crease of $2,340,937. or about 14 per cent, and the net profits
an increase of $542,279, or about 8 per cent over the year pre¬
ceding.
$1,749,420
451,500
1,623,100
1,5 41,945
stock
'.
District Telegraph Co., of Boston, stock.„
American District Telegraph Co., of Baltimore,
Stock
American Speaking Telephone Co.’s stock
Telephone it Telegraph
Metropolitan
1
stock...
Bell ’telephone
Co.'s
Co., of Philadelphia, stock....?
Southern Bell Telephone it Telegraph Co.’s
.,
Telephone it Telegraph Construction Co., of
Detroit, stock
Central Diutiiet it Printing Telegraph Co., of
Pittsburg, stock
Delaware it Atlantic Telephone & Telegraph
Co.’s stock
,
Commercial Telephone Co., of Troy, stoek
Commercial Telephone Co.,of Albany, stoek...
Bell Telephone Co., of
Non hern Paeilie R. R.
Canada, stock
r.
Co.’s preferred stock..
.
yalue.
$1,943,800
Philadelphia Local Telegraph Co.’s stock
Dominion Telegraph Co.'s stock
Western Ur.ion Telegraph Co’s stock
Hrooks Ui del-ground Toiegraph Co.’s stock
American District Telegraph Co., of New York,
stock
Western Union Telegraph
fund
stockholders, leaving $1,994,000 (nearly two millions)
excess above dividends and tixed charges
to be added to
to
Sound.”
.
“
Jo 1,000
65,300
05.300
300,000
288.300
600,000
288,300
261,400
130,700
175,575
117,050
16,080
95,000
20,190
100,000
22,500
45 000
1,207,500
1,811,250
400.000
1,200,000
125,000
250,000
188,700
283,050
185,750
371,500
136,000
272,000
20.000
20,000
25,275
9,200
101,100
27.600
9,000
5,490
37,200
37,200
Telegraph Co.’s stock and
other miscellaneous securities in small lots
consisting of telegraph and railroad stocks,
Anglo-American
566,060
bonds and scrip
$10,023,054
East Tennessee
Virginia & Georgia Railroad.
{For the year ending June 30, 1S83.)
report of this important^ company for the yearending June 30, 1883, has just been issued.. The report is
limited mainly to a statement of the condition of the roads*
and the earnings and expenses of the system, and no remarks
are made upon the finances, nor any income
account given,
showing fixed charges for interest, &c. '
The important parts of the report are given in the followings
The annual
extracts and
compilations
:
During the fiscal year the increase in the number of miles
operated by the company was 197 (1,098 miles at the close of
the last and 901 miles at the close of the previous fiscal year*
“
3
THE
CHRONICLE,
including the 18 miles from Lauderdale to Meridian, belonging
Railroad, over which the company runs
fVoi. XXXVII
CONDENSED LEDGE it
BALANCE ON JUNE
30, 1883.
to the Mobile & Ohio
Equipm’t & cost of r'd.$82,500,000 i Capital stock (com.).. .$27,500,000
Construct'll an l e:piipDo
I
(pief.)... 10.500,000
ment account
1,100,017 j Income bonds
10,500,000
Profit and loss
183,517 j 147 (is, due May 1, ’>(>.
147,000
Cash on hand A in bks.
80,0(57'92 (5s. due JulyT, ’8<>..
02,000
Hills receivable
2,(59 0 ! 217 (5s, due Jan. 1, ’83.
217,000
Railroad, but is operated by our trains under a contract with U. S. 1*. O Department
-1,313 j 70 (5s, due July 1, '83
70,000
that company. Of the Atlanta Division 17'G miles operated Suspended accounts...
23,080 1 (5s, due May 1, 1882.
1,000
Two sleeping ears
1 1,442 1 (5s, due July 1, 18S<>.
1,000
are the joint property of our company and the
Georgia Pacific Car-lifter,
Lynchburg
2,507 1 4s, due Jan. 1, 1887.
05,000
Railroad/’ * * *
Telegraph Cio. stoe/c
1,750 ■ 3,123 7s, July 1, lOOO.
3,123,000
“The Atlanta division (from Rome to Macon—158 6 miles)
Express Co. stock
0 5,000 ! 2,(550 5s, Julv 1, 1030.
2.(550,000
Soulii’n Car W’ksst’ck.
10,000 j 1,000 (is, July1'!, 1018.
was opened October 4, 1882, long before it was in condition for
1,000,000
Bonds, State of Tenu..
2,000 j 1st M. 5s, $14,502,000
the proper conduct of business.
The extension of the Ohio Bonds, Memphis City..
1,000 j
issued
22,000,000
Branch, 27 miles long, was not opened until June 4, 1883, and j Coal Cr’k & N. ltiv.Klt.
(5,011 Car trust bonds
1,000,000
Coal
lands
32.540
the Ooltewah Cut-off, 11 o miles long, July 3, 1S83; and as the
Rogers Loco. Tr. bond.
115,000
Mem. *fc Cliarl. Kit. st’k.
105,375 Cin. & Georgia bonds
2,000,000
equipment during the busiest season of the year was entirely
Do
1,11(5,455 Bills payable.
coup, aeo’t
28,500
its trains.)” * * *
The Ooltewah cut-off, 11.5 miles, was notopened for busi¬
ness until July 3, 1883.
Of the above-mentioned road 18 miles
of the Meridian Sub-Division is owned by the . Mobile & Ohio
“
„
.
.
...
.
inadequate, it is safe to say that the company during the last
only derived no benefit from the opening of its
new roads, but that such opening was of
positive disadvantage
in diminishing its net revenue—the earnings of the new roads
having been insufficient to pay their operating expenses.
Under these circumstances it is gratifying to note the large
fiscal year not
“
increase
in
the
of the older loads, and it is safe to
opera¬
tion, and with the additions which have been made ..to the
equipment, the earnings for the present fiscal year will fully
meet the expectations of the friends of this important system
revenues
predict that, with the additional 197 miles in successful
of roads.”
*
*■
.
Car Trust, series “A”..
1,475,215 { Dividends unpaid
115,000 Mempli. & Char, cash
7(57,431 j
account
211,502 Infest due July 3, 1883
870 State of Georgia
Rogers’ Loro. Trust...
Bonds & st’ks unissued
Indiv’ls, agents & Cos.
City lots
Supply store, Selma,
J Pay-roll balances
Ala .stock on hand..
Cent. Trust Co., N. Y.,
5 per cent bds.
to take up prior
held
liens
3,(502 j Pay-rolls for June and
j
|
unpaid vouchers
Samuel Thomas, lTes’t
7,408,000 i Due indivs,ag’nts&eoS.
$95,391,289 I
•
*
11,845
401,120
582,335
731,380
23,231
3 74,220
250,5(57
78,075
$95,391,289
Gulf Colorado & Santa Fe Railroad.
“The necessity for increasing the company’s equipment was
{For the year ending July 31, 1883.)
fully demonstrated during the fall and winter of last year, when
the company was unable to accommodate the traffic offering.
The annual report states that there were in operation July
Large additions have been made to the motive power and rolling 31, 1882, 430 miles and a total of main line on July 31, 1SS3, of
stock, and it is believed that the former will prove adequate, at 536 miles. The average mileage operated during the year was
least during the present year, while the latter is still insuffi¬ 493 miles. There is now completed :
cient to meet the requirements of the rapidly-growing business.
Main line, Galveston to Lampasas...
274 miles
Timely additions should therefore be made to the rolling stock, Houston
division, Alvin to Houston
24 miles
especially to the box and coal cars now owned by the company. Eastern division, Somerville to Montgomery.
5(5 miles
It will be seen from the Auditor’s report that the total num¬ Fort Worth division, Temple to Fort Worth
..128 miles
5l miles
ber of passengers transported over the road during the fiscal Northeastern division, Cleburne to Dallas
year was 832,032, of which 802,636 were local and 29,396 through
A total (exclusive of sidings) of
53(5 miles
passengers. The total mileage of passengers •was 34,387,197
“
and the total
revenue
$965,478 51. The average number of
miles traveled per passenger was 41-3 cents, and the average
rate per passenger per mile, 2 8 cents.
The report says : “The business of the year has been very
satisfactory, considering that the one hundred and six miles of
road added but little to our net earnings.”
This was
There were transported over the road 1,350,177 tons of increased
owing
to
lack
of
depot
facilities
in
Dallas
; to lack of connec¬
freight, of which 211,556 tons were through and 1,13S,621 tons tions at Houston for want of a
bridge ; and to Hoods in the
local. The mileage of tons was :
Brazos River. The difficulties are all obviated, and the business
Tons.
'
Through
40,010,000 prospects for the coming season are good, although it is esti¬
Local
mated that the cotton crop will fall short twenty per cent of
1*22,107.870
last year’s yield.” Iu June last your directors ascertained that
Total
171,^17,83(5
the cost of your road, completed in a first-class manner and
The revenue for tonnage transported was $2,603,225 29. The
carefully equipped, together with the necessary depot facilities
rates per ton per mile were as follows :
(which were purchased at large, cost) at all the principal towns
Local
$ 1 72 and cities through which yo.ur road passes, would amount to
Through
<) 00
more than the proceeds of
your authorized first mortgage bonds
Average of local and through
1 51
and stock.
As the
*
capital stock authorized and issued
*
*
-X
*
-:<•
“
“As
previously stated, the extension of the Ohio Division
was opened
for traffic early last June. The result of its
operation has been satisfactory. This road, in connection with
i-
•
______
a
•
n
_
a.
rni
.
•
l
•
.•
•
i
i
the North Carolina Branch and the
roads of the Richmond &
Danville system in the South, and the Louisville & Nashville
Railroad and its connections in the North, furnishes a short
line of communication between the Carolinas and the North¬
western States, the want of which has long been felt.” * * *
EAKNINoS AND EXPENSES.
Receipts from—
J’assenr/er.
Passage
$9(55,178
Freight
Fret a hi.
Total.
$
$9(55,473
2,(503,225
2,(503,225
Express
Mail
95.}52
Miscellaneous
2(5,(589
28,030
$1,145,498
$2,(531,255
$233.1 19
$4(51,538
$094,088
23(5,21 1
490,308
90,s«> |
4 08,(502
129,923
72(5,519
129,122
Cl 5,892
1 8 4 ,4 4 8
$1,581,2(57
$1,049,987
$2,383,701
$1,393,052
Total
receipts
Expenses—
Conducting transport at ion...
Motive power
Maintenance of cars
Maintenance of way
General expenses
95’
38,227
237.290
5 /, ).).»
Total expenses
$802,434
$343,0(54
^et earnings
152
54.719
*
$3, / 7(5,754
amounted to $4,560,000, the full face value
cash, thus forming an ample basis of credit and
security to a further issue of bonds, it was determined that no
further issue of stock should be made, but, instead, that the
stockholders be asked to authorize a second mortgage six per
cent forty-year bond of $13,000 per mile, the issue to be
limited to $2,000 per mile the first year, and the proceeds from
their sale to be applied to the payment of all floating indebted¬
ness, and increasing the road’s efficiency.
Oa August 1 the
stockholders authorized the issue, and the bonds are now being*
prepared for issuance in October, when the floating debt will be
canceled.
“The further issue of second mortgage
bonds is limited to
$1,000 per mile per year for each mile of main line of road
completed or to be completed, and the proceeds are to be U3ed,
if used at all, together with the proceeds of the first mortgage,
bonds, in the farther extension of road, main line or branches.
The limitation of the issue of the second mortgage bonds to
$1,000 per mile of road each year will, of necessity, compel a.
conservative course, but still will enable the company to grad¬
ually extend the road, if your directors so determine. When
it is taken into consideration that twelve years must elapse
before all the second mortgage bonds can possibly be issued, it
will readily be seen that they will be sought for as a
perfectly
operating expenses to gross revenue was 63 11
As compared with the previous year, the gross reve¬
nue shows an increase of $631,271 62—equal to 20
per cent, and
the net revenue an increase of $298,697 22—equal to 27 3-10 per
safe investment.
Construction
and
equipment,
$1,188,846 ; masonry, C. and E., $35,614 ; Ooltewah cut-off,
$199,329 ; Indian Grave Tunnel, $10S,11S; taxes, $74,767 ;
machinery, Atlanta shops, $25,246 ; tunnel, Atlanta Division,
$28,630; Atlanta shops, $16,599 ; terminal facilities, Atlanta &
Macon, $7,763 ; bolt shop, $115.
dend-paying investment. Dividends
“
The ratio of
per cent.
cent.”
*
Construction
*
*
expenses:
LENGTH OF LOAD OPEKATED JENE
last Tennessee Division—Main line
Do
Do
do
do
North Carolina Branch
Ohio Uram-li
Alabama Division—Selma Sub-Division
Do
Meridian Sub-Division
Atlanta Division
Lrunswiek Division—Main line.
Do.
JIawkinsville Hram-li
.
Total
30, 1883.
2 !2-0 miles.
43*3
05-5
2(54-0
113-0
15s-(j
100-0
“
loo
“
“
The development of the country traversed by your road,
and the yearly increase of business therefrom, will give us suf¬
ficient increase of earnings to pay all increase of interest on
bonded indebtedness, without affecting your stock as a divi¬
may
from this time forward.”
The unoccupied lands
be regularly expected
along the line of road are being:
steadily taken up by permanent settlers, and the towns increas¬
ing in population. Large business houses have been, and ar^
being, established along the route of the road, and everything
indicates increasing business.
The comparative statistics for three years, compiled for the
Chronicle,
are as
follows
:
LOAD AND EQUIPMENT.
“
Total miles operated
Locomotives
Pass’ger, mail & exp. cars.
Freight
1,080*4 miles
of which went into
the road in
ears
Coal and all other cars....
1881.
1 s s 2,
22(5
430
53(>
27
18
705
7
42
29
51
1,229
8
1,3(57
.
1883.
37
8
October
THE
13, 1863.]
CHRONICLE.
OITRATIONS AND FISCAL RESULTS.
1881.
Operations—
Passengers carried
3’assenger mileage
Rate per pass’ger per mile
Freight (tons) moved
Freight (tons) mileage
Av’ge rate per ton per mile
The
1882.
-
62,285
3,825,584
1,883.
109,606
3-3 els.
5 17,1 76
2 S3 ct*.
259,639
26,320,4 12
39.961,051
63,066,544
2 5 cts.
2 5 cts.
2-5 cts.
$105,5S7
$201,289
$333,574
645,834
26,013
978,946
1.57S.1 19
70,838
157,264
Earnings—
Passenger
Freight...
Mail, express, &e
Total
gross earnings..
g expenses—
Maintenance of way, Ac..
Maintenance of ears
Motive power
Tra n sport at ion e xpense s.
Taxes
$777,434*
$1,251,073
$2,008,957
$117,4 23
$1.8*2,039
26,527
63.329
148,666
243.132
1*2/171
436/109
253,431
355,587
12,895
515,676
22,238
26,590
44,614
$531,194
$836,980
Miscellaneous
Total
Net
earnings
432,792
.
Ope rat in
$76,280
$245,940
$114,093
6836
66 90
64-20
Receipts—
Interest
on
debt
Total disbursements..
Balance, surplus
1 882.
Receipts—
Net earnings
is
a&
18837
$
199,668
263,774
227,088
89,931
...
13,862
Total disbursements
503,893
...
177,304
292,886
Balance, surplus or deficit
general balance at cl<»e
acti
fiscal yea.ii.
1882.
Assets—
and cash receivabl
s
Cash
hand
on
$
...7,512.722
i
6.720
Chicago it Eastern Illinois RR. ext
...
Strawn A Indiana State Line RR
Evansville Terre Haute A: C. RR. Co...
Miscellaneous items
1881.
1 8.82.
1883.
$414,093
$740,491
17.417
346,033
13,458
291,900
130,001
$163,450
$305,358
$4 30,001
Coupons and unclaimed dividends
$82,490
$103,735
$310,193
Miscellaneous liabilities
Income account
232.405
88,697
25,002
50,028
Total
Liabilities—
Stoek
Funded debt (see
Bills payable
Other accounts
1883.
$
Railroad, buildings, equipment, Ac
Aeeount
$
...2,998,268
...4,267,81 1
.
-....!
Suit*lkment)
...
...
165.700
191,082
20,697
.
...
20.823
439,443
8,017,169
140,160
83,311
73,479
232,405
88,697
12,998
91,090
8,739,309
$
2,998,268
4,268,811
*356,305
t306,384
47,748
29,464
732,329
V K A Fi.
'
.Assets—
Cost of road, equip’nr, Ac.
Real est’e, depot gr*ds. Ae.
1881.
$11,601,494
247,516
272,35s
43,742
397,970
94,403
51,955
71,982
53.500
80.140
14 5,755
214,414
32.284
24,064
45,872
47,474
$6,873,887
$10,143,782
$12,939,74 0
82,550.000
$3.4 80,900
5. 192.000
5,505,000
4 77,8 15
$ 1.560,000
O.s 10,000
25,767
29,800
stores
Fuel
Bills receivable
Sundry accounts.:
Balance due
106,379
156.497
Cash
Total assets
Liabilities—
Capital stock
Total liabilities
1883.
$9,227,467
Telegraph line
Material and
1 882.
$6,188,167
Bonded debt.
Pav-iolls and vouchers
Bond cottp’ns (outstand'g)
Snndrv creditors
152,339
1 1,585
760,755
...
13.1 lO
8 4,461
216.851
10,4 85
768,465
82, 190
6. 13 1
191 ,225
5< *1,71 5
$6,873,887
$10,143,782
$ 1 2,.,939,7 16
2 1.718
Income account
36,230
"
Total liabilities
Chicago & Eastern Illinois Railroad.
(For the year ending Jane 30, 1883.)
The annual report just issued gives the following statement
of earnings and expenses on tlie two divisions of the road in
the year ending June 30, 1883 :
The gross earnings, as compared with 1881-’82, are as follows :
Main Line
18s 1-82.
1882-83.
.
.
Freight
214,355
—
Terre lla\ lie Dir.—
1882-83.
1881-82.
$1,033,984
$232,571
$303,572
67,490
69.836
19,261
202,675
17,801
9,982
4,396
3,811
4,111
11,002
42,552
45.996
1,681
4 94
Total
..$1,389,179
Operating expenses
$1,310,440
$369,952
$381,825
758,080
790,645
200,860
238,535
Passengers
Express
Mail
Miscellaneous
and taxes
$519,795
$169,092
$601,099
earnings
earnings, whole line, year ending June 30, 1883...
earnings, whole line, year ending June 30, 1882...
Net
Net
Net
...
Increase
3,811
$143,290
$800,870
093,414
$113,125
The report says : “
It will be observed that the gross earn¬
ings of the road show an increase for the fiscal year, while
there is a decrease of operating expenses, making a net gain
of $113,425 as compared with the previous year. This result
is extremely gratifying when we consider the severity of the
past winter, and has been arrived at only by rigid economy.
A much larger volume of business was anticipated, but tiie
great depression of the iron trade has interfered seriously with
the coal traffic over the line of this road ; it is hoped that
renewed activity in this important industry will, before long,
lead to
an
increased demand for fuel.”
Charges aggregating $39,509 have been made to construction
account during the year.
The expenditure on account of equipment has been very
large, the increasing volume of business having demanded it.
This item has been a heavy charge for some years, and has
absorbed a great deal of money.
We have 56 locomotives and
3,359 cars of all descriptions, an extremely large equipment for
the number of miles operated. In a little over two years the
Adams contracts will finally run out, and in four years the Car
Trusts will have terminated, and the road be relieved from
these heavy annual charges altogether.” There are 464 Car
Trust Certificates of $1,000 each still outstanding and payable,
with 6 per cent interest per annum, viz.: 1883, $48,000: 1884,
$95,000; 1885, $92,000; 1886, $94,000; 1887, $135,000. Balance
due by bills payable maturing during next fiscal year on 400
twenty-ton coal cars, $106,000.
The five lessees of the Chicago & Western Indiana Railroad,
namely, the Chicago & Eastern Illinois, Wabasli, Grand Trunk,
Louisville N. A. & Chicago, and Chicago & Atlantic, have by
agreement become the owners in equal shares of this valuable
property, including the Belt Railroad system around Chicago,
“
and the Indiana Elevator.
Includes notes given for equipment.
t Includes amount due for current expenses,
due other railroads. $47,929.
8,739,309
$258,456; and amounts
GENERAL INVESTMENT NEWS.
50.600
768,9
Connecting roads
...8,103,824
•
263,088
127/194
272,762
Arkansas Railroad Aid Ronds.—In June last, in Keokuk,
la., before Justice Miller, of the Supreme Court of the United
States, and Judge Caldwell of the United States Court for the
Eastern District of Arkansas, the cases agaiust the Arkansas
railroads
were argued on the suits brought against these corpor¬
by holders of tlie Arkansas State aid bonds. Judge
McCrary, of the United States Circuit Court, hearing au argu¬
ment on demurrer, had declared the bonds a lien on the rail¬
roads, but after hearing the case on its merits, Justice Miller,
sitting as circuit judge, has decided that the bonds were never
indorsed by the railroads and are not a lien thereon. Judge
Caldwell dissented. The case will, doubtless, be carried to the
United States Supreme Court, but tlie latest decision is a vic¬
tory for the railroads.
Brooklyn Flatbusli & Coney Island.—This company
defaulted in the payment of interest on its second mortgage
bonds on October i, amounting to $500,000, and in addition
there are first mortgage bonds to the same amount.
The bulk
ations
of both issues is held in
Brooklyn.
Canada Southern.—The hearing of the suit of tlie Canada
Southern Railroad, against
tlie Grand Trunk Railroad Com¬
pany of Canada and the International Bridge Company has
been postponed until January.
The three companies named
have made a settlement on the basis of $250,000 for the back
tolls, instead of $450,000 claimed.
Southern will have its
own
By January 1 the Canada
bridge built.
Chicago & Atlantic.—This company (the Chicago line of N.
Y. Lake Erie & Western) has made to the Farmers’ Loan &
Trust Company' of New York a second mortgage for $5,000,000,
with interest at 6 per cent per annum, the principal payable
This mortgage is given subject to a previous
$6,500,000.
Chicago Fekin & Southwestern.—The annual report of this
company to the Illinois Railroad Commissioners shows that the
amount*of capital stock is $2,000,000; funded debt, $1,175,000 ;
total liabilities, $2,626,500. The earnings of the passenger
department were $22,451 and of the freight department $250,August 1, 1923.
one
035.
-
$
770,190
643,085
—
Disbursement,s—
Rentals paid
Interest on debt
Dividends
Miscellaneous
$245,940
GENERAL BALANCE AT CLOSE OF EACH FISCAL
years
in»uMi: ao <n \ r.
59,627- Materials, fuel, Ac
INCOME ACCOi; NT.
Net earnings
Disbursements—
Rentals paid
general balance for two
1
$1,328,463
$740,494
Per ct. of op. ex. to earn’gs
account and
follows:
244,131
11,788,399
6,095,196
2-S cts.
income
399)
of
The total income from all
sources was
$273,879.
The
operating expenses and taxes were $218,996. The net income
duriner the year was $54,883. The assets of the company are
$729,184.
Denver & Rio Grande.—The special meeting of stock¬
holders held at Colorado Springs unanimously passed the res¬
olution authorizing the creation of a general mortgage for
$50,000,000, the bonds issued under which shall run thirty yrear»
and bear 5 per cent interest.
The issue shall never exceed
$30,000 per mile outstanding, including all prior mortgages,
and shall be made on the
finished road.
Three-fourths of the
entire stock of the road was represented at the meeting. The
directors of the Denver & Rio Grande Railroad Company met
in New York Oct. 11, and authorized the issue of generalmortgage bonds up to $5,000,000, in pursuance of the resolu¬
adopted by the stockholders at Colorado Springs last Sat¬
President Lovejoy stated that the guaranteeing syn¬
dicate had been completed and all of the necessary7- papers
signed.
Lake Erie & Western.—At Lafayrette, Ind., Oct. 11, thfr
tion
urday.
annual election of three directors resulted in the choice of
Arthur Moulton, representing the Mutual Life Insurance Com¬
pany', as holder of first mortgage bonds, Nelson Robinson and
Frank Hollins, all of New York State. The general officers
will be elected at the meeting in New YYirk.
THE
400
CHRONICLE.
Marquette Houghton & Ontonagon.—This company has
completed its road to Houghton. Through trains will b±
running November 1. This opens the copper and iron districts
to rail communication
with the east.
Northeastern Oa.—This company has been thrown into the
hands of a receiver, Mr. Augustus Hull having been appointed.
The stockholders’ meeting will be held on the 17th of October.
In 1881 the city of Athens owned stock in the Northeastern to
the amount of $100,000, and had made contracts for completing
the road to Tallulah wirli parties representing the Air Line
Co. As the law prohibited the Air Line road from taking the
Northeastern, it was put in the hands of a terminal company,
which was virtually the Air Line.
In building eighteen or
[Vol. XXXVII.
^Ixe <&ammzvcml jinxes.
COMMERCIAL
EpTtOMR
Friday Night, Oct. 12,1883.
generally dull and disappointing during the
fine except in ex¬
treme latitudes, and promises to redeem in some degree the ad¬
verse effect upon crops of the cool and dry August and Septem¬
ber. The speculation in dohiestic products has received a check
in nearly every particular, and prices have taken a downward
twenty miles extension the terminal company mortgaged the turn in the past few days. Money is very plentiful, but very
road to the Central Company for $000,000, and this mortgage little disposition is shown to employ
it, except in safe invest¬
has been lying dormant ever since.
The cost of living is much less than one year ago, but
ments.
Northern Pacific.—A special meeting of the directors of wages are not reduced, and taxes complete the obstacles to
the Northern Pacitic Railroad Company was held October 6. manufacturing and mercantile activity.
The former officers were re-elected without opposition.
The
A better speculation in lard at somewhat improved prices has
adopted
following resolutions were
:
been a feature in provision circles during the week. The strength
Whereat:, There is now required to provide for the present unfunded
in corn has been the incentive, and a slight improvement in the
debt of this company bevond the cadi means available, the sum of
$9,459,920 83; and
Fork has sold
Whereas, 1 he additional sum of $5,500,000 will lie required to com¬ export interest has not been without effect.
plete entirely t lie construction of the main line now under contract, quite well for export and consumption.
To-day lard was again
including the bridges sind tunnels, and provide and pay for all equip¬
stronger; contract Western sold on the spot at 7 95c.; October
ment required and contracted for; therefore
Resolved, unanimously, That this board, subject to the approval of
options sold at 7’S2@7*S5e.; seller the year, 7*7le.; January,
three-fourths of the preferred stock, ant .hoi izes the execution of a second
mortgage for 20 millions of dollars on all the properly of this company, 7 74@7"77c.; February, 7 SOc., closing steadier ; October, 7'S3@
subject only to the priority of the present general mortgage. That this
mortgage shall he similar in terms and conditions to the general mort¬ 7 Stic.; November, 7’74@7 76c.; December and seller year, 7*70@
7 72c.; January, 7‘75@7"76e.; February, 7*82@7’S4c.
gage, subject only to the liens of said mortgage.
Refined
Resolved, That'the Finance Committee be directed to open negotia¬ to the Continent, 8'10@S'20c.; South America, 8'75c.
Mess
tions for tiie sale of $16,000,000 of tlie second mortgage bonds and
sold
50@.$12
cash
at
$15
25.
pork
at
$11
and
family
Beef
report their action to this board.
Resolved, That a meeting of the preferred stockholders of this com¬
quiet; city extra India mess, $19@$19 50. Beef hnms steady at
pany be culled, to be held at the ollice of the company in the .city of
$19 25@ fl9 50 for Western. Bacon was quite slow at 7/6c.
New York, on Tuesday, the 20th day of November next, at noon, to vote
Butter is easy at 27@30c. for the best creameries, and cheese
upon the question and issue of the 20 millions of second mortgage bonds;
for export has declined to 11%@11%c. for the best factories.
and that in accordance wiili the plan of reorganization, the Secretary
give notice of said meeting at least thirty days prior thereto by adver¬ Tallow is steady and sells fairly at 7 ll-16c. Stearine is still
tisements in newspapers published in the cities of New York. Fiiiladelslow at 8/|@8%c. for prime and 8%c. for oleomargarine; 500
phia and ISoston ; and that for the purpose of said meeting the transfer
hhds. of the latter have been recently sold on that basis.
books of tin* preferred stock of this company tie closed on the 20th day
of October, at 3 o’clock I\ M and remain closed until pie 26th day of
Rio coffee lias been active on speculation at a marked advance,
November, at 10 o’clock A. M.
attended by a failure in the trade on the “bear” side; to-day
Resolved, That the otli-ers of this company be requested to prepare
the market on the spot was quiet but steady at 11 %@for
and pu dish, with all dispatch, for the information of the stockholders,
fair cargoes; the supply here of Brazil in first hands was 109,993
a circular giving full particulars of rho funded and unfuded debt of this
company, and of the present condition of the operating and land depart¬
bags; options were less active to-day and declined 30 to 40
ments, including in the latter the cancellation of bonds with the pro¬
points; No. 7 sold at lO'lOc. for October, 9 40@9 55c. for
ceeds of land sales.
November, 9-40@9‘75c. for December, 9*35(l<9 65c. for January
Ohio Central.-—At Toledo, Ohio, Oct. 8, in the Court of and 9‘30@9"55c. for February; notwithstanding the decline to¬
Common Pleas, Mead & Johnson, attorneys for bondholders in day, these prices show an advance during the week of lx4c.;
the case of Nelson Robinson against the Ohio Central Railroad mild
grades have been quite active at firm prices; much of this
Company et al., presented a petition and bond for the removal trading has been speculative, based on an anticipated deficiency
of the action to the United States Circuit Court. This is a ca.se in the Brazil crop. Tea has in general brought firm prices at
wherein a receiver for the Ohio Central was appointed on Sep¬ auction. Spices have been quiet and cloves weak. Foreign fruits
tember 27. The application is supposed to hav« been made on have been
quiet but steady. Rice has sold well at firm prices.
behalf of bondholders, who desire a change of the receiver.
Molasses has been steady, especially New Orleans, which has
Ohio k Mississippi.—A press dispatch from Cincinnati, become scarce; the demand is not very brisk. Raw sugar has
been quiet but steady at 6 11-lOc.for fair refining Muscovado and
October II, says:
7 ll-16c. for 96-degrees test centrifugal; refined has declined to
The annual meeting of the stockholders of the Oltio
Mississippi
8%@S 11.-16c. for granulated, S%@9c. for powdered and 8%@
Railroad was held here this morning, and the President’s annual report
8%c. for standard “A.”
was read
The presence of James H. Smith of New York, with
the proxies of the London bondholders, showed that tin* contest was to
Kentucky tobacco has continued very firm, and the business
be made against tbe ticket which Mr. Garrett claimed the London bond¬
for the week aggregates 810 lilids., 368 of which were for ex¬
holders had agreed upon, namely, Robert Garrett, J. II. Smith and Mr.
"Whittaker. Mr. Smith presented, a, ticket composed <g himself, George port ; the total exports for the week are 3,062 hhds.
Lugs
H. Ilill and Mr. Whittaker.
Thereupon Mr. Garrett presented a new were firm at 6/£@7/2C. and leaf at 7%@ 12/2C.
Seed leaf firm
ticket, composed of himself, Mr. Whit right of New York and Theodore and more active ; the sales for the week embrace 3,300 cases,
Meier of St. Louis. When the voting began Mr. Smith presented his
Havana seed,
proxies tii st. but had not proceeded far when the discovery was made including 1.200 cases 1882 crop, Wisconsin,
that the same proxies were in the hands of both parties.
\ he judges assorted lots, 12/2(A20c. j 700 eases 1882 crop, Ohio, as¬
thereupon adjourned the meeting until to-morrow morning..
It is sorted lots, 8/2@12/12; 350 cases 18S0-S1 crops, do., as¬
thought that thoie are 900,000 votes to be presented, neatly double the sorted lots, 7@9c.; 300 cases 1882 crop, New England, includ¬
amount at any previous election.
Mr. Smith’s action is understood to
be in opposition to the control «f the mad by the ilaltimore A Ohio, but
ing seconds, wrappers and assorted Housat-onic, ll/2@20c.; 100
whether in the interest ot any competitor does not yet appear.
cases 1881
crop, do., 14@20c.; 250 cases 1882 crop. New
York State Havana seed, <l@24c.; 250 eases 1SS2 crop, Penn¬
Oregon Short Line.—On this Union Pacific branch, now nearly
completed, there have been listed $S,000,000 bonds and $4,000,- sylvania, 12@18>2c., and 150 cases crop 1880-81, do., 6/2@13c.;
also 450 bales Havana, 85c.@$1 20; and 100 bales Sumatra.
000 stock, and 524 miles of the road having been finished the
compauy has made application to have the bonds listed up to $i 15@$1 45.
Rosins have been quiet for export, owing to the higher rates
$12,500,000 and the stock up to .$12,500,000, the same to be
ocean
for
freights; 1,000 bbls. good strained sold to-day at
used in settlement with the subscribers to the stock according
$1
57/2.
turpentine has 'been advanced by the small
Spirits
to the terms of the original subscription.
Tlie Union Pacilic
Relined petroleum
retains one-half of the Oregon Shoit Line stock, which it will offerings on the spot; yard lots now 41c.
has been quoted at S%c. for 70 Abel test, though 30,000 bbls.
keep in its Treasury, the subscribers getting only one-half as
of re-sales were made at 8/|c.,and at the close more are offered
much of stock as they do of bonds.
at S;58c.
Crude certificates have declined badly, but are now in
Portland & Ogdensburg.—A meeting of the Special Com¬ better shape, closing at $1 10%, after selling at $1 08% to-day.
mittee of the City Council of Portland was held October 2 to
American pig iron is firmly held by the companies at $21@>
hear the proposition of the Canadian Pacific Railroad Company 22 50; no further
speculative sales of moment have Been no¬
for the purchase of the Portia d & Ogdensburg Railroad. ticed.
Steel rails are dull at $37, and the Lackawanna Iron &
Mayor Deeriner said that there are now three distinct parties in Steel Company, not satisfied with their appointment to the
the field who desire to purchase the road
He had received in¬ Chicago district, are offering large blocks at $30, as an effort to
quiries from New York inen, but declined to make public the break the combination. Ingot copper is steady at 15/Jc. for
sum offered by them for the road.
He said it would be fair to Lake. Pig tin is now 20%c. cash for straits. Hops are steady
wait until the Canadian Pacific and the men represented by the at 13@25c. for State 1883 and 25c. for
yearlings; a better ex¬
Messrs. Cleaves had submitted their propositions.
The latter port call has taken place.
had not shown their hands, and the New York bidders should
Ocean freight-room has been more active, and a go^d tone to
be iuformed of the existing state of affairs before their bid rates is noticed. Grain was taken to Liverpool by” steamer
was published.
A vote was passed that the committee would be to-day at 4>id.; do. to London by steam, 4%d.; do. to Glas¬
in readiness to receive all propositions for leasing of selling the
gow by steam, d^d.; do. to Hull by steam, 4%d.; refined pe¬
city’s interest in the Portland & Ogdensburg road Oct. 9.
troleum to Liverpool, 3s. 4%d.; naphtha to do., 3s. 6d; refined
Staten Island Railroad.—The stockholders of the Staten oil to Bremen, 3s. 4/2d.; grain by sail from Baltimore to Pork
Jslaud Railroad Company have ratified the lease to the Staten for orders, 5s. l%d.; do. by steamers for October, November
and December to do., 4s. 9d.@5s.
Island Rapid Transit Company,
,
Trade has been
week under review. The weather has been very
CHRONICLE
THE
13, 188S.]
October
COTTON.
Friday, P. M.. October 12, 1883.
The Movement of the Crop, aa indicated by our telegrams
from the South to-night, is given below. For the week ending
this evening (Oct. 12) the total receipts have reached 22S,S97
125,032 bales the previous
since; making the total
receipts since the 1st of September, 1883, 713,865 bales, against
6S2.976 bales for the same period of 1882, showing an
bales, against 165,401 bales last week,
week and 96,819 bales three weeks
1883, of 3),889 bales.
increase since September 1,
Wed.
Tues.
Mon.
Sat.
Receipts at—
10,607
Galveston
Indianola, Arc.
4,098
New Orleans...
6,473 14,669 10,995
2,536
3,928
2,159
....
....
Mobile
54
Florida
7,913
6,172
Savannah
Brunsw’k, &c.
Charleston
5,936
4,023
780
780
8,465 18,468
1,880
1,157
63,743
....
4,673
1,604
6,372
7,004
7,661
....
....
4,838
3,805
3,863
7,357
13,264
2,347
42,479
511
511
6,736
29,201
116
1)6
2,347
....
....
....
...
35,411
....
....
....
5,041
7,586
6.123
1,351
Total
Fri.
Thurs.
401
In addition to above exports, our telegrams to-night also give
the following amounts of cotton on shipboard, not cleared, at
the ports named.
We add similar figures for New York, which
crs
are
prepared for
special
our
use
by Messrs. Carey, Yale &
Lambert, 89 Broad Street.
On
Oct.
Oreat
France.
Britain.
New Orleans....
Mobile
Caantston
8ivauuah
Galveston
Norfolk
N iw York
13,706
None.
None.
11,622
15.293
None.
None.
None.
None.
2,500
Stock.
CZSel:\
™al.
None.
None.
40.621
None.
1,0 50
8,550
33,100
7,500
25,000
5.600
Not rec civet 1
73,565
4,003
None.
2,100
None.
1,000
85,158
12,548
53,560
47,472
..
Total 1883.
.....
9,109
12,443
6.600
96 805
6,000
20.976
5,000
None.
None.
None.
21,087
14,122
55,556
10,215
103,980
328,962
47,759
45,603
10,750
40.127
21,869
13,777
118,4 13
20,044
16,397
104,913
237,744
395,737
881
4.500
Osher ports
T)tal 1882
total 1881
Shipboard, not cleared—for
Leaving
12, at—
delivery at this market advanced
995
613
2,161
7,310 rapidly from the close of our last down to Tuesday morning.
687
1,449
1,375
Short crop estimates began to be more generally accepted.
350
350
4,882 22,435 Sales to realize profits, large receipts at the ports, and good
4,260
3,663
2,658
4,085
Norfolk
2,887
9,69S
9,698
West Point,&c
weather at the South, caused on Tuesday a decline from the
25
25
New York
highest figures of the morning, and the final close was even
390
123
70
99
20
78
Boston
below Monday's latest figures. On Wednesday the decline of
126
126
Baltimore
100
711
53
558
Tuesday was recovered on strong Liverpool advices, and
Philadelp’a, &c.
rumors that the forthcoming Bureau report would be unfavor¬
228.897
Totals this week 27,124 48,669 29,785 28,847 33,015 59,47)7
able. On Thursday the Bureau report was printed, and caused
For comoanson, we give the following table showing the week’s
total receipts, the total since Sept. 1,1S83, and the stock to-nigit a momentary advance here as well as at Liverpool; but as the
and the same items for the corresoonding periods of last years.
report came to be analyzed, it was declared to point to a crop
at least 5,800,000 bales.
of
Then came a sharp pressure to sell,
1882.
Slock.
1883.
under which prices fell olf sharply, and the close was 9@11
Receipts to
Since Sep.
This
Since Sep.
This
1882.
1883
October 12.
Week.
points below Wednesday. To-day Liverpool was decidedly
1, 1882.
Week.
1, 1883.
lower, and this market further declined 5@7 points, closing
133.076 82.296
62,284
Galveston
35,411
139,363 32,950
unsettled. Cotton on the spot has met with but a moderate
815
6.351
460
780
Indianola,Arc.
4,^60
31.379
101,653
72.471
New Orleans...
162.353
125,779
general demand. Quotations were advanced l-16c. on Satur¬
03,713
50,220 12,548
Mobile
8,007
31.013 17,092
13,261
day and again on Monday, and }qC. on Tuesday. To-day the
196
509
Florida
2,317
3,677
sales embraced a large line in transit, but the close was easy
155,332 80,572
Savannah
75,033
155,856 40,215
42,479
at 10;\±c. for middling uplands.
401
1,745
511
Bruusw’k, Arc
1,565
The total sales for forward delivery for the week are 897,200
110,174 62,110
Charleston
31,032
50,366
111,853
29,201
1.092
150
732
68
Pt. Royal, Arc.
116
bales. For immediate delivery the total sales foot up this week
1,577
19,121 10,706
12,297
4,692
7,310
19,261
Wilmington....
10,898 bales, including 400 for export, 4,598 for consumptionf
487
1.103
M’head C., Arc
785
350
1,400 for speculation and 4,500 in transit. Of the above, 800 bales
Norfolk
65,008 21,552
17,298
22,435
56,951 26,929
were to arrive.
The following are the official quotations for
21,304
West Point,Arc
22,911 11,177
9,698
311
617
each day cf the past week.
New York
1,847 103,405
41,03 2
25
Royal, &o.
Wilmington
Moreh’d C.,&c
Pt.
....
....
....
...»
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
....
Prices of cotton for future
....
...
..
....
,
•
Boston
390
126
1,149
1,023
2,608
Baltimore
Philadelp’a,Arc.
711
4,418
2,002
Total
228.897
118
713,865 206,136
9,268
1,091
3,722
3 0‘J5
1,510
6,008
4.965
6,129
10,744
682,976 515,238
«-
in order that comparison may be made witn other
give below the totals at leading ports tor six seasons.
1883.
Receipts at—
|
1882.
1881.
18S0.
Sat.
356,157
Ordin’/.$tt>
8516
83s
8%
years, we
Strict Ord..
Good Ord..
8tr. G’d Ord
813,6
9*8
1379.
1878.
Galvest’n.Arc.
36 191!
33,765
20 592
24,892
19,119
25.307
New Orleans.
63.743;
31.379
49.861
41 6)2
16.933
Mobile
13,261!
42,179j
17.092
11,315
42,541
14.819
15,783
3.527
40.215
36,163
35,918
33,272
39.3 14
31,761
2 4,969
33,538
27,071
32,893
5,796
30,633
8,428
6.o92
27.834
181,714
160.233
Savannah....
Charl’st’n. Arc
29.317
Wilm’gt’n, Arc
2,660'
5,179
5,524
7,02 4
Norfolk, Arc..
32,133;
33,10 3
32.775
42,062
Ali others....
4,1 10
5,636
9,854
8,933
'i
Tot. this w’k.
223.897'
Since Sent. 1.
7
206,13 3
191,056
210,367
7,503
13,865, 032,976 795.613 903,125 762,061 0 "'5,83 9
Galveston includes ludiaiola; Charleston includes Port Royal, «fce.!
Wilmington includes Morehead City, Am.; Norfolk includes City Point. <fcc’
The exports for the week ending this evening reach a total
of 74,083 bales, of which 36,910 were to Great Britain, 14,026 to
France and 23,117 to the rest of the Continent, while the slock*'
as made up this evening are now 515,238 bales.
Below are the
exports for the week and since September 1. 1883.
Week Ending Oct. 12.
^From Sept. 1, 1883. tc Oct. 12, 18*8.
Exported to—
Exported to—
Exports
Great
from—
New Orleans..
Trance
1,5' 0
10,770
3,743
5,070
Total
nent.
Week.
!
|
.
Wilmington..
5.030
Norfolk*......
3.575
New Yorx
9.509
Boston
1,30'
B ltimore
2,400
4,013
1,550
5.2 3
17,951
22.980
1,500
1,500
4,303
4,300
9.075
14,2 8
,
5,030
......
Conti-
Total.
nent.
10 510
7,890
19.902
0,004
01 038
,994
Midd’g Fail ll7iu
Fair
l‘2;ha
Wed
9,131
12,750
21,881
5.030
10,001
23,579
84 0 28
100
14,728
100
35,8.9
0,040
81,391
259 537
3,575
3.575
13,119
50,988
4,087
1,303
0,493
1,228
2: 001
74,083
110,341
01,802
217.254
37 930
3.171
3,171
30,940
r
23.117
14.020
0,540
-
*
*
03.429
17.908
includes exports troui
19.977 101 309
Port Royal, &c.
includes exports from West
Point, &<\
,
45 433
114
115a
123a
Wed
Fr».
Sat.
lb-
.......
8%
9
93,6
Tb,
| Frl.
j 8%
I 93,6
| 84
715ie
8
58111«
9-46
93g
j 9lc
103ft
104
1013,8
U
114
11-4
1178
125ft
Frl.
8%
8%
8%
93,6
93ie
10
10
10
10:4
103ft
105ft
103ft
105ft
I0
5y
1013,6 1013,6 1013,*
1 1
11
11
H4
114
11:4
117ft
125ft
114
113ft
l 1 3ft
H78
125ft
8
Hiai6
Tb.
103ft
105ft
93,6
Moil Toe* Wed
85a
.......
Wed
10
b?
11
78
125ft
Til.
Frl.
84
84
813,6
813,6
94
9 b}
103ft
103ft
813,6
94
103ft
The total sales and future deliveries each day during the
week are indicated in the following statement.
For the con¬
venience of the reader we also add a column which shows at a
300 022
days.
glance how the market closed on same
SALES OF SPOT AND TRANSIT.
3POT MARKET
CLOSED.
Sat.. Quiet at 1,6 adv.
Mon
Q’f A: st’y, 1,« itd
rues. Quiet at 4ndv..
Finn
vVed
Thurs Sternly
Fri.
Quiet and easy..
ConSpec- Tran¬
sit.
sump. uTV 71
Ex¬
port.
100
1
.
280
501
200
....
1,093
100
920
200
1,050
500
500
1O0
778
100
.
fotal
—
—-
—
...
Total 1882...
10 34
11
STAINED.
.
Total ...A..
109,6
8 34
8%
86}
84
84
81 ^ift
95,6
Strict Ord..
S15ie; 815,ft 93,fi
10
lO
110
934
9%
9%
Good Ord..
10 *8
1038
1038 '103Q
10b}
Str. G’d Ord 10'a
1 05#
10%
105*
1038
105rt
Low Midd’g 10 38
3tr. L’wMid 109,« 109,6 109lb 10131(J 1013,6 1013,6
111
11
11
10-%
10%
Middling... 10 34
11
11
114
114 414
Good Mid.. 11
11 -Ha
1138
11%
lHa
1113s
Str. G’d Mid IPs
1 1 58
11 %
114
11% 111 "8
Vlidd'g Fair, 11 %
1238
12%
1258 4 25ft
1 2:5h
Fair
1238
10,277
5,030
9%
0rdin’y.?t9Ib
Middling
89,6
85ft
94«
01316 97o
103,6 104
lo7,(. 106}
1058
1011,8
1011,0 10l«16 1058
Hd31B I07ft
1013,6 1078 ,11
1 1 1 1*5 1 i }s
ll'ia 11%
114
1 1 ■' 1ft 114
{1138 11%., 114
111 lie 11%
;1178
H,!m 11%
1~4r> 12 6,
12*16 1 263 I12«B
9
Good Ordinary....
Strict Good Ordinary
Low Middling
M011. Tnet
Sat.
1
89lB
10*8
10%
TH.
Mon Tues
8%
858
94.6 ! 03,6
913-6 97ft
10
1 03,6
104 4038
uir>8
104(1 106,
84
4
4
1.500
.....
3.550
1 1
12
Sat.
MARKET AND SALES.
3i
3,575
1,2.6.
iiladelp'a,&c
Great
Britain. Franu
1,503
......
....
Charleston
P
Conti-
l.too
Florid*
Savannah
j
Urit’n.
Mon Tues
9^16
915,6 10
Low Midd’g 103, e 10i4
1 0 « | ft
Str.L’w Mid 104
Middling... 109,1ft 10*8
Good Mid.. ioi^« 1078
Str. G’d Mid loi-'in 11
TEXAS.
NEW ORLEANS.
UPLANDS.
Oct. 6 to
Oct. 12
400
....
1
•
•
«
•
•
•
•
•
4,500
Total.
FUTURES.
Sales.
580 151.900
501 108.300
1,103 178,2.'0
1,426 122,100
1,750 114.700
5,478 133,000
1
Deliv¬
eries.
300
300
600
300
500
300
19,898'897.200 2,300
actually delivered the day
4,598 1400 4,500
The daily deliveries given above are
previous to that on which they are report id.
402
THE CHRONICLE,
The Sales
and Prices op Futures are shown
by the follov comprehensive table. In this statement will be found the
daily market, the prices of sales for each month each day, and
The Visible Supply os Cotton to-night, as made
up by cable
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week’s returns,
and consequently all the European figures are
down
eg
the closing bids, in addition to the daily and total sales.
►
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w -4 rt M © © rt
w
-4
©
W -* ^.4 m X © M © © X CD tC m CC © CJ> © <4 ©
rt © W © rt - 4 rt C' W •— (0 X O' X O' rt W — ©
CC CO
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8
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s
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6
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i
an
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to
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:
bales
CO
prt
i
6S0.300
378,251
442,550
850,706 1,503,909 1,193,150
o>
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W
II:
1
following exchanges have been made during the week:
-4 to
to WM©XMrt
©
Monday. 10*75e.: Tuesday
10’75c.; Wednesday. 10*75e.; Thursday, 10 65c.; Fridaj*, 10-bOe.
Short Notices for October—Saturday, 10-62e.;
Monthly, I0'62c.
We have iuclnded in the above table, and shall
continue each
week to uive, the average price of futures each
day for each month,
it
will bo found under each day following the abbreviation “
Aver.” The
average for each month for the week is also given at bottom of table.
”
to M
© tQ —4 M
X
©
X
rt
if!
m
©
>•
©
X ©
©
17,000
cc
M
©-4 0©5
r—*
1
M©X©C ©rt
© © X rt M © ©
to
1
rt
rt © © X -4
-1
©©
1'
M
5j
-
^
x©
150,250
98,000
■
M
MM
pd.
pd.
pd.
pd.
pd.
©
M
ob © -1
114,000
152,000
45,900
89,351
71,000
20,000
44.300
1,,800.132 1,531,006 1,951,459 1,571.401
tri8d.
6:^d.
0716d.
G34«l.
©
to
7* — C M
prt
•11
•41
•23
•2!*
•01
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0:
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Includes s:»les in September, 13S3, for September,
7(».20(>.
Transferable orders— Wjitnrday, 10’UOc;
The
to
©
M,
-
*
*15 pd. to exch. 100 Jan. for Feb.
'12 pd. to exch. 100 Oct. s. n. 5th
for regular.
100 Oct. s n. Oth for regular.
”15 pd. to exch. 500 Jan. for Feb.
”
15 pd. to exch. 300 Jan. lor Feb.
10 pd. to exch. 50u Nov. for Dec.
wtoto
M
-1-1
©
w
W
rt
©
1 @t«:
<i
1l
rt
0
©7*
133,000
'
177.000
16,000
-
544.300
as
w
M
:
Mm^M
292.000
81,300
1,,255,832
q
rt
My M
! ®
S50.706 1,508,909 3,193,150
C
^
03
M Mm M
©
x
§
®
^
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•
o
cn
cc
7*7*
00
tO
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X-l
—
rt
cc
©
:
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1 R
I
1 sd
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rt M — M
,rt
1 &: :
7*m
72,549
21,000
-
*
©
rt-ro1^
d'
MM
£ *0B:?B'rt
£3 O Jr* ~ J
s
M Mm M
1 vito:
M
MM
MM^JM
>
i
1
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—
or x
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O
MM'^M
M
MM
1 « m;
rt
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d dod
232,000
499.650
169,159
10,100
244.000
65,000
286,000
457,255
121,895
19,000
r-
I ato:
®cs:
d -'j o d
'
C?U<
S
*
s
M
fj.
M
169.000
356,157
O © p ®
rt
o
ri®2cr,>-'-d
S B
M —•© ©
®
tt © 0B rt M M
B
X
MM
o
©
C if-
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M ^5
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d©
H
o
1C
C ©
XM*
I ®es:
MM
H
o
r3
MM
-4 -1
M M r-> ^
mm
c. O'
M O*
HMjjrti
151.000
515.233
129.591
22,000
30,000
decrease of 151,327
>
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**
ft.
-T
1 ®
£m
TT
>3
m
-1-1
WO
x
MM
7*7*
1 ®
05 m
*ia
c.cs
(rt O'
^3
t*a
Mm0m
(M-C CO
CO
fl»
I
458,000
140,000
period of 1881-82—is set out in detail in the following statement:
c*
M
m
MMtCM
19,000
corresponding
1 «r’
M M
MM
dd©d
*“7!
CO CD
©
C> O*)_ ^
too
MiD M
10,100
At the Interior Towns the movement—that is the
receipts
for the week and since Sept. 1, the shipments
for the week, and
the stocks to-night, and the same items for the
•<
'
Mm^-M
1
21,000
144,000
83,000
pared with 1880.
M M
m
*r^
457,255
121,395
311,000
127,000
214.000
44,000
11 2,300
114.000
ponding date of 1881 and
Cc
O
Cl
Mm^M
<
a
&3
O'
^
20,000
499.650
169.159
indicate an increase in the cotton in sight
to-night of 269,126 bales as compared with the same date of 1882,
►rt
fcn
(S
tb
0
MM^M
cJ» O' c cit
O’
<
to 10
0- ^
M
M
Prt
rt
17.000
35,000 bales.
ilie above figures
M
MMgM
cb 9 d»
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©
six:
M M
h—* f*
<
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M M m M
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236,000
16.000
356.157
72,549
I3£"The imports into Continental ports this week have been
O'
07*
©-lO^i
r-»
M
Q M
9,300
177,000
169,000
1 ,255,332
Total visible supply
Price Mid. Upl., Liverpool
?9
bj
& to:
M M
©
rr
r-
M
c§
1
M* M
5,800
596.251
71,000
Total East India, &o
Total American
to
to to
®
W W to rt
1
1 ®w:
Mm‘mM
rt
I ®: :
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M
M
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M
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ft
M
M
mm
MM^M
M MQ
M
ft.
M
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7*7*
w to
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6,500
154,351
Egypt, Brazil, &o., afloat
03
6
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V!
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to to
c x
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M m
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8,000
5,000
925,550
98.000
232,000
rti
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11 7*0S0Om
M M J-I
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7*7*
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dt
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en
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M M
6©
w
MM
-M
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7*7*
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M^l M
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33.900
cd
rt O
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M
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mm
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606
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7,560
*
7J
London stock
Continental stocks
India afloat for Europe
©
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M
M M
4,300
45,200
13,000
838.3C0
114,000
151,000
30,000
Liverpool stock
<
©6
931
Total European stocks..
ndia cotton afloat for Europe.
Amer*n cotton afloat for Eur'pe
Total American
East Indian,Brazil, die.—
m
99
W
1
MMt0M
10
M
-'l of) c X
7*9 <
6©
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rt©
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MM
^ 00
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M M
i.
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M M
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to
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99O9
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h-*
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o
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rt
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2,210
290,250
Continental stocks
American afloat for Europe....
United States stock
United States interior stocks..
United States exports to-day..
©
XX
55,700
1,000
110,000
2,200
27,000
10,000
American—
<1
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O' rt
M
<
to
M
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rt
*—i
©
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MO M
CO M
O
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r XM
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14 L,000
1.400
2,900
25,600
11,700
202,000
Liverpool stook
©
CO
34,300
7,600
Total visible supply
1.300.132 1,531,006 1,951,459 1 571,40L
Of the above,the totals of Amenoan ana other descriptions are as follows:
*—1
1 9pl
X
to
o©
micOm
MM
^
JJ.
©6 cc
►-*
M M
1—l
&
h-*
w to
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MM
i
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^
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M
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MMrf.M
© >-* O '~i
.
'5‘c
©
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10
11
f>
to to
©MK(rt
1 ®m:
M
M
X-l
441,900
38,800
26,000
1,500
5,800
635,300
17,000
4.0,700
18,100
2,150
2,300
3.500
239.300
United States exports to-day..
c
M
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to
V
M
W
CD©
©
X -/J 0 ^
w.o
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Ot
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t0
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to-'1
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Aver
99
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10-98®
M M M
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517,300
44,300
Total continental stocks...
Stook ih United States ports
Stook in U. 8. interior towns..
M
MM
599,000
2,200
8,000
11,000
Egypt,Brazil,&c.,aflt for E’r’pe
*
©
CO©
c9
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M
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to
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10*9 312,0
M
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99
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M
M
1880.
396,000
45,900
99.000
8.000
39,000
..
r- f—
1881.
591,000
.’.
..
mm!
M
1982.
476,000
81,300
Stock at Trieste
o
1
M M M M
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1
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Stock at Hammirg
Stock at Bremen
o
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to
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....bales.
Total Great Britain stock
y>
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1883.
555.000
44,000
OOCrt
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brought
Thursday evening. But to make the totals the complete
figures for to-night (Oct. 12), we add the item of exports from
the United States, including in it the exports of Friday only.
to
3
<
[Vol. XXXV1L.
to exch. 300 Juno for Julv.
to exch. 300 .Jan. for Apr.
to exch. 500 Oct. for Jan.
to excli. 200 Oct. for Jan.
to exch. 300 Oct. 16th for
regular.
•44 pd. to exch. 2,600 Mar. for
July
^4
©
©
©
M
M
Iq
to © © w © ©
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to
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to to WM tow
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©©©ww©
© w ’-4 to © c w Oc -4 m 02 or -i © © to B- x to
tO © © rt O' to O' —4 © M 0 X © W to W to X -1
-4 -4 O' W rt © © rt M -4 © O' O' X M x X © ©
©
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to
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M
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to
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W rt O* to to rt ©
© © rt X -4 W —4 © -1 © M a- to © CC © X — -D
O' to © © © © © w -4 © r O' rt © to M m © rt
M -4 C © ©■© rt © © m © rt
to M © M © X ©
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to to M to
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*
This year’s figures estimated.
The above totals show that the old interior stocks hav^ in¬
creased during the week 24,065 bales, and are to-night 57,045
October
THE
13, 1683.]
CHRONICLE.
bales more than at the same period last year. The receipts at
the same towns have been 11,422 bales more than the same week
last year, and since September 1 th9 receipts at all the towns
are 42,458 bales more than for the same time in 1882.
_
day of the past week.
Galveston....
New Orleans.
Mobile
Satur.
Mon.
10hc
10%6
10%
10%
107,«
10n16
10%
t0yie
10%
10%
10%
10%
10%
10%
10%
10%
10%
lo%
10%
10%
10%
10%
1083
10
10
Savannah....
10h*
Charleston... 10% ftd %
Wilmington..
10*8
Norfolk
Boston
Baltimore.
10% <5
10%
10%
1 0%
..
Philadelphia.
11
Augusta
Memphis....
97s
10%
at. Louis
Cincinnati...
10%
10%
Louis vi lie....
10%
Receipts
Tucs.
10%
10%
10% 6? %
10%<; a/%
11
10
9%
10%
10%
10%
10%
10%
10%
Mobile, Alabama.—There lias been no rain during the week*
ranged from 59 to 99, averaging 77.
Montgomery, Alabama.—We have had warm and dry’
weather all the week. The
drought continues; there are no
signs of rain. The thermometer has averaged 79, the highest
being 96 and the lowest 59.
Selma, Alabama.—We have had no rain during the week.
Planters are marketing their crop
freely; average thermometer
75, highest 91 and lowest 55.
10%
10%
*
10%
10%
Plantations.—The
the
-
The thermometer has
Fri.
10%
101%6
101%,.
1 0% d)
%
105J($
10% <£/ %
10%
I0J*.
10%
10%
10%a %
11
10
■
10%
10%
10%
10 %
Thars.
10‘“
10%
10% a %
11
from
Wedncs.
Arkansas.—Telegram not received.
Memphis, Tennessee.—The weather has been warm and
dry all the week. Picking is 'making good progress, and the
crop is being marketed freely. The thermometer has
averaged
the lowest 50.
CLOSING QUOTATIONS FOR MIDDLING COTTON ON—
October 12.
Little Rock,
77, ranging from 02 to 88.
Nashville, Tennessee.—It has rained on two days of the
week, the rainfall reaching forty-five hundredths of" an inch.
The thermometer has
averaged 73, the highest being 80 and
Quotations for Middling Cotton at .Other Markets.—In
the table below we give the closing quotations of
middling
cotton at Southern and other principal cotton markets for each
Week ending
403
Madison,
10%
11
10%
11
10%
10%
10 %
10 %
10%
Florida.—Telegram
not received.
Macon, Georgia,.—We have had splendid weather for pick¬
ing purposes during the week; No rain.
Columbus, Georgia.—We have had no rain during the week.
The thermometer has
averaged 76, the highest being 88 and
10
10%
10%
10%
the lowest 07.
Savannah, Georgia.—It has rained on tvGo days of the week
i and the remainder of the week has been
pleas nit. The rain¬
following table
prepared for the purpose of indicating the actual movement each fall reached
week from the plantations
Receipts at the out ports are some¬ I thermometer twenty-four hundred! is ■ of an inch. Average
09,'highest 85 and lowest 55.
times misleading, as they are made up more
largely one year
Atlanta, Georgia.—There has been no rain during the week,
than another at the expense of the interior stocks. Vvre reach ;
therefore, a safer conclusion through a comparative statement j The .weather is very favorable for picking cotton. Average
like the following. In reply to frequent inquiries we will ado thermometer 09 -1, highest 85 and,‘lowest 51.
j Auumta,
weather line been warm, ,jrv and
that these figures, of course, do not ineiade overland
receipts or
all the week, tending to increase the
Southern consumption j they are simply a statement of the •j favorable
bearing of the
7
,.U
r
±-u..
*1
..V
I
l"'uu
Picking is making excellent progress,* and the crop is
weekly movement from the plantations of
that prat of the crop | beiim* marketed tree!
:-iy. Indications now point to a fair averwhich finally reaches the market through the out-ports.
j a*-e Ttoo.
The thor mometer has
averaged 08, the
Qeoryiaf-i'lie
—,.4.
RECEIPTS FROM PLANTATIONS
! Receipts
;
ending—
tUy 2?
Aug. 3
J
....
17.
II
24
“
1383.
|
1 17.813
4,315
4,<11
*j
7..
;
3.2915
13,0(52
5,722
(5,3515
12.352
23.032
72.'512
23,03-.
...
31
Sept
1682.
(5.120
!
JO
wt
1 % 1.
at the Ports. ■St'katl nterier Towns. Rec'pts f rom riant’ns
13, '.51
....
fcfc
1
11
3.7.073
1
1SS1.
1382.
53,277
23.276
.
IP 1.050; 300130
,
.
.
1882.
IS-3.
2,780
5,086
21.446, 57,880
985
3.321
9.7 jfl 43,273
21.003
1.1,182
8,894
17,(536
1,438
1.798
5.026
30,199
10.114
9,875
52,652
83,600
24,231
22.754
29,081
37,728
09,7(51 !
10,305
15,371
16.535
11.365; 40,45)2
22.5 71; 46.422
33.393' 57.110
14.327
j
|
!
1381.
7,06-1’ 52,111
#
! >
1S83.
3.672
49.512 • 51,313, 75.452;
*•
O 1
! 113,293; 77,223 9 5.319 103,779
2->
131,751 1.70.47:) 125.032 124.53(5,
Del.
5.....
lT J.SiO, 179,333 1*53,4(51 155.5594k
f
week.
to 82.
The
(51,029
50.052
t
Charleston, South Carolina.—We have had no rain all the
The thermometer has. averaged
72, ranging from 50
|
Week
22S.S9711515
531
53,206
52,01(5
50,526
15.52.51 50.309
14.519
53,57(5
19.115; 5^,9,89:112,094
19,5 83; 75.179 140,020
following statement
have also received by telegraph,
we
9.115
*
|
52,108
83,093 113.009
New Orleans
Below high-water mark
Memphis
Above low-water mark.
{ Nashville
Above low-water mark.
j Shreveport
•16,022 If5.778 155,503 153.11(5 156,631
76„M5J; 137,533 205.843 210,123 197,219
95.475 164.9151 232 058 224,949-250 27(5
Oct. 11, ’83.
Oct. 1 2. ’82.
Feet.
Feet..
12
0
Inch.
13
*i
1
1
3
Above low-water mark.
Above low-water mark.
Vicksburg
7
1
0
0
Inch.
11
i
•)
<3
J
10
9
5
4
New Orleans
-
-nr
*
The above statement shows-1. fI„
lhat tne total receipts
from the ;■
.
highest
being 80 and the lowest 55.
iL
reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to high-water
ffiaFrk of A
n 15 aud 16 1B74
Vhich
is S-lOtlis of
foot above
rb*2,10b bales; in
2.—That, alt hough the receipts at the out-ports the past week
India Cotton Movement from all Ports.—We have rearranged
were 228,897 bales, the actual movement from
plantations was \ our India service so as to make our reports more detailed aud
250,270 bales, the balance going to increase the stocks at the } at the same time more accurate. We had found it
impossible
interior towns.
Last year the receipts from the plantations
j
to
keep
out
of
our
figures,
as
cabled
to
us
for
the
other
ports
for the same week were 221,949 bales and for 18S1
they were I than Bombay, cargoes which proved only to be shipments from
232,058 bales.
j one India port to another. The plan now followed relieves us
Amount of Cotton in Sight October 12.—In the table below * frora the danger of this inaccuracy and keeps the totals correct,
we give the
receipts from plantations in another form, and j
n.Tst *ive. the Bombay statement for the week and year,
add to tlii-ra the net overland movement to October
1, and « bringing the figures down to October 11.
also the takings by Southern spinners to the same date, so as to I
bombay receipts and shipments for four years.
give substantially the amount of cotton now in sight.
Shipments this week., Shipni siil< since Jan. 1.
Receipts.
plantations
1882
since
September 1
18bd. were S29,b24 bales; in
1881 were 910,779 bales.
were
in
j l87I.
or
a
16 feet above low-water mark at that point.
■
\
1833.
Itceeipts at the ports to < )<•!. 12
Interior
stocks on Oct. 12 in
excess of September 1
...
Tot. receipts from plnntat'ns
Net overland to October 1
Southern consumpt’n to Oct. 1.
1882.
1881.
fear! Great Conti-!
BriVn. nent. |
1880.
713,8(35
082,070
705,(343
003,125
115,750
70,190
151,130
109,075
S 29,024
19.235
702,100
17,080
28,000
18831 2.000
1882 7,000
•
188 U
ISPOj 2.00f
940,770 1,012,200
30,80(5
18,092
_
.
.
) Great
; Britain
Continent.
j
j
_
.
Th is
Week.
,
Total.
(3.000 8,000 4 18,000 803,000'1,251,000
3.00) lb.OOO 757.000:008.000; 1.3(35,000
(3,000! (3,00 ) 3 11,000! 54*.000
850.000
2.000
4.000 359,000j 193 OOOj
552.000
Since
Jan. 1.
7,000 1,570,000
5.000 1,632,000
5.000 1.17(3,000
S.OOo 1.088.000
,
According to the foregoing, Bombay appears to show an
compared with last year in the weeks receipts of 2,000
Total in sight October 12
878,850
807.840
997,075 1,015.292
j
bales, and a decrease in shipments of 2,009 bales, and the
It will Le seen by tlm above that the mcroa.se m amount in sight i shipments since
January 1 show a decrease of 114,000 bales
to-night, as compared with last year, is 71.013 bales, the decrease as
j The movement at Calcutta, Madras and other India ports for the
compared with 1881 is 118,3 ib bales, and with 1880, 100,133 bales.
j |as^ reported week and since the 1st of January, for two years
Weather Reports by Telegraph.—Our telegrams to-night | has been as follows.
“Other ports” cover Ceylon, Tuticorin*
show that the weather has continued very favorable for
picking j Kurrachee and Coeonada.
30,00C
20,000
15,000
nerease
purposes during the week.
marketed quite freely.
The crop is being gathered and
Telegrams have not been received from the following Texas
1
points: Oalveston, Iudianola, Dallas, Brenham, Palestine,
Huntsville, Weatherford. Belton and Billing.
New Orleans, Louisiana.—"We have had no rain during 1’
the week.
Tlie thermometer has averaged 79.
i
Shreveport, Louisiana.— The drought still continues. We
have had clear to fair weather during the week. Cotton men
are reducing their estimates on the
yield. The thermometer
lias ranged from Oi to 95.
S/i ipmenls since Jan nary
V
Great
Conti-
Britaind
;
i
nent.
j
.
Total all18S3
,
1.
Great.
r
Total.
Britain.
Continent.
Total.
1
Calcutta—
1883
1882
Madras—
1883
1882
All ot hers—
1883
1382
—
500
......
j
»
•
3300
500
^ v
I
i
-2,009 i
85,100
10.800
IQj'SuO
96,200
32,090
137,800
1,000
4,000
09,000
40,100
8,600
2(3,700
72.500
138,600
20,100
159,000
'
j
300
17.500
•
2,000
0-1,400
1,300
35,700
1.300
......
......
18.500
41,300
.!
2.100
.
|
2,100
1882
2,00(1 1
63.300 ! 279,600
| 2,000
210,300
Vicksburg, Mississippi.—Telegram not received.
The above totals for the week show that the movement from
Meridian, Mississippi.—Telegram not received.
Columbus, Mississippi.—We have had no rain during the the p >rts other than Bombay is 100 bales more than same
week iast year. For the whole of India, therefore, the total
ship¬
week.
Crop prospects are unchanged. The thermometer lias ments since
January 1, 1SS3, aud lor the corresponding periods
ranged from 01 to 98, averaging 89,
of the two previous yeats, are as follows.
,
1882.
1883.
Shipments
alt Europe
from—
Bombay
ports.
Jan. 1.
8.000
1,251,000
2,100
159,000
6,000
400
12,000 1,04 J,000
6.400 1.054,000
279,600
Alexandria Receipts and
and Alexandria, we now
of cotton at Alexandria, Egypt.
The following are the receipts
and shipments for the past week and for the corresponding weet
of the previous two years.
Receipts (cantars*)—
Exports (bales)—
6.000
Europe
Total
This
Sept. 1
7,000
667
1.855
3,007
8.855
3,000
io.ooo!
ending
Europe
6,000 bales.
received from Manchester
Manchester Market.—Our report
to-night states that the market is quiet with limited business.
We give the prices of to-day below, and leave previous weeks'
prices for con pa risen.
8q lbs.
Shirtings.
|
<L
d.
“
“
“
17
24
31
Sept. 7
•*
14
“
21
“
28 8"
j
e—8L*ih
12
>
5
5
r>
5
5
5
5
9
5
>•'5,,.® 9
5
5 S:{8
Oct.
n
d
0
0
0
0
0
O
O
O
«.
d.
8
W7
6
a>?
7r> 7
6
6 ®7
3)7
6
3)7
6
3>7
6
(5
®7
6
'3)7
CD 7
6
R.
9
s q
it 9
sq w 9
33IB cb 87s
8:iind S7h
sq n 87m
•8q n 87h
Anglo 8q
*OT-**
1
a.
d
d.
Shirtings.
s.
d.
6
@8
6
38
®8
6
s.
5iq« 9 q 310 *8 6
5iq, 9q*S> 978 6
5
9:q 3 97s 6
9vh
51 q.
9 7e
3 9 7h
51:11(5 9
5i»ie 9^8 3> 97s
9=<b 3 9:U
5q
5*q
578
oq
iq
1 L>
9q 3
9 :is <D
Op I (is
d.
71 IB
d.
0
0
0
6
4q®7 loq
4q ®7 loq
4 q 3 7 10 q
6
4q®7 ioq
6
3
1
6
6
9»i,5^911,^!6
93«'® 934
Ootv
Mid
8q lbs.
32.? Oop.
1 wist.
*
6
7q
7q
n
the full text of the
37
9
90
84
74
68
91
91
89
93
87
78
86
69
67
66
82
67
67
6S
65
71
7o
70
93
76
75
77
67
80
82
92
89
97
95
88
90
93
85
80
90
84' 88
9s
92
9s| 95
<
I
Aver. /:
I
85
89
86
82
83
90 88
91
88 82
96
931 89 82
9 4 100.401 100
96
90
96 100
89 84
78 86
8-VS
94-4
90-0
88-2
93-0
87-2
90-0
98 2
93-4
83*4
88
910
9“
93
87
9 i
89
871
99
80*4
i 89
92
94
92
issued,
on
the condition of cotton for October 1.
October 6, his report on
It is as follows :
prospect of the cotton crop has steadily diminished since Sep-
teinoer 1.
At that date the estimates of correspondents were effected
to some extent (and justly) by reasonable anticipations of favorable
weather. The few showers that occurred in m< st places during the first
ten days of August induced a second growth of the plants that gave
promise of adding materially to the yield. But the recurrence and con¬
of dry weather throughout September has destroyed these
hopes in great part.
In Southern Georgia—embracing, Southwest, East and Southeast
Georgia—the caterpillar has materially damaged the crop,—iu some
tinuance
localities 50 per cent.
The prospective yield compared to an average crop, as shown l>y dis¬
tricts, and ilie falling off since September 1, is as follows: North Geor¬
gia, 50, a loss of Li points; Middle Georgia, 50, a loss of 7 points;
Southeast Georgia, 50, a Toss of i points; East Georgia, (50, a loss of 3
points; Southeast Georgia, 71, a loss of 14 points; ihe whole State, 62, a
however, will be nearly ail harvested by the middle of October.
In the last report the opinion
-as expressed “that, the cotton crop
of Georgia cannot, in any event, exceed 75 percent of an average crop,
with the probabilities very strongly iu favor of a lower figure.”
ibis
statement was intended to he very guarded, and after mak ng a liberal
allowance for a seasonable and otherwise favorable fall, including the
circumstances of a late frost. These conditions h ive not occurred with
full force, and a late frost cannot now very materially atfeet the result.
specifications of thebuilding have been filed at tlw Building Bureau. The
excavations for the foundation and the test of the soil have
<'78
q37
1 q (t> 7
8
9
Gq
new
oq
for Oct. 1.
The cotton returns of the Department of Agriculture show
that the condition of the crop on the 1st of October was worse
than on the 1st of September.
The continuance of drought at many points, the ravages of
worms in regi ns most infested, and the more visible results of
reduced th^ general average of condition
In October of last year 88 foreshadowed a crop
from 74 to 68.
89
81-2
78-6
78-6
914
80-0
80-4
82*4 :
80-2
81-0
75 84’0 1
91
91
93
95
87
89
i
q
New York Cotton Exchange.—Plans and
7
Agricultural Department’s report on cotton
previous injuries, have
78
84
88
8/
80
7a
93
83
85
s5
87
83
90
81
So
86
94
87
86
•
*2
q
i
7q«
Department’s Report.—Below will be found
Agricultural
-T*
.
loss of 8 points.
I he seas n li;ts been very favorable for gathering the crop, and this
ritcumstance will generally favorably affect the estimates. The crop*
1882.
1883.
32.? Oop.
Twist.
June.
tJ
-
!
Georgia Agricultural Department Report for October 1.—*
The
3,000
This statement shows that the receipts for the week
Oct. 11 were 50,000 cantars and the shipments to all
were
Louisiana
Texas
Arkansas
Tennessee
t
Commissioner Henderson
Since
This
week.
Sept. 1.
9H lbs.
A can tar is
iMiss’sippi
172,550
Since
l.j
Florida
Alabama
100 roo
|
7,000!
5,040
1,000
To Liverpool....
To Continent
1
Since
Sept,
Georgia
Average
!
4,000
4,000
102.000
This
week.
•
!
.
50,000
This week....
Since Sept. 1
N.Car lina
8. Cm Tina
.
1881.
1882.
i
1882.
:.
June. Ju*ly.
of the
Shipments.—Through arrangements
1883.
year.
1883.
States.
Davies, Beaachi & Co., of Liverpool
receive a weekly cable of the movements
October 11.
and last
859,000
195,000
have made with Messrs.
Alexandria, Egypt,
between this year
1 Jan. 1.
This last statement affords a very interesting comparison
total movemeat for the three years at all Iadia ports.
we
son
Since
j
week.
10,00>j 1.365,000
2,0o0i
10.100 1.110.000
Tot ill
This
..
those for the
1881.
Since
Jan. 1.
This
week.
Since
This
week.
to
[Vol. XXXVII.
Taking the above figures for October, and adding them to
previous mouths, we have the following com pari*
KUROPH FROM ALL INDIA.
EXPORTS TO
All other
CHRONICLE,
THE
404
of 7,00(',000; in October of 1881 the average was 66 and the
crop was less than five and a half million bales.
The rate of
yield per acre was a thi»d greater than last year ; the indica¬
tions point to a crop a Hrtlr larger than that of 1881, but falling
short of the last crop by more than a million bales.
The highest condition is in Fiorida, where a small breadth
had an early ai d favorable start; the lowest in Texas.
The
entire Gulf coast suffered buth from drought and the cater¬
proved to be of the most satisfactory character. Mr. C. von
DestinoD, 54 Wall Street, Mr. H. T. Ciason, Bremen, and Mr.
Thomas F. Brown, Cincinnati, have been elected members of
the Exchange.
The following visitors were introduced this
week:
»
<’. L. Roclie, Charleston, S. C ,
J. M. Campbell, Columbia, 8. C'.,
W. T. Heaver, Ashville, N. (J.,
E. G. Muse, Kicumorul, Va.,
*
r
i
II. T. E. Rollbe, Utica, X. A'.
| 0. R. Hallums, Tennessee,
I A. Vialull, New Orleans,
!
W. \V. Screws, Montgomery.
Butts, Bagging, <£c—The maiket for bagging is without
change. The demand has continued quite active for
small parcels, and goods are moving freely.
The inquiry is
for all grades, and sales are reported of 1,5'JO rolls at full rates,
sellers at the close not showing any disposition to accept less
than 9c. for
lbs., 9)26. for 1% lbs., 10%e. for 2 lbs. and lie.
Jute
material
firmer in price for spot lots,
Orders are coming in for job¬
pillar.
The more northern States of the cotton belt escaped insect bing quantities, and for these holders are asking a shade
higher figures, paper grades being quoted at 21/4@2?8c* and
injuries and i lie worst severity of the dry seas-m.
The averages of condition are as follows: Virginia, 67; North bagging qualities at 2;8@2>ic.
There have been sales of
Carolina, 69; Sou'll Carolina, 67; Georgia, 66; Florida, 82; about 1,000 bales, mostly paper grades, at 2 3-16@2J.±c. and
Alabama. 67; Mis issippi, 67; Louisiana, 68; Texas, 65; Arkan¬
2%c. for bagging.sas, 71; Tennessee, 75
An attempt was made, for the first time, in October to get an
Comparative Port Receipts and Daily Crop Movement.—
estimate of the probable average yield of counties in hundredths
A comparison of the port movement by weeks is not accurateof a bale per ac e.
The result, after correction of obvious
as the weeks in different years do not end on the same day of
errors, is stated as follows :
Virginia, 36 hundredths of a bale per acre; North Carolina, the month. We have consequently added to our other standing
37; South Carolim, 32; Georgia, 29; F.ori la, 24 (including Sea tables a daily and monthly statement, that the reader may
Island ; Alabama. 3l; Mississippi, 35; Louidana, 43; Texas, 37;
constantly have before him the data for seeing the exact relative
Arkansas. 46; Tennessee, 33.
movement for the years named.
The movement each month
That the reader may have for comparison tlie condition ac¬
since S -pteinber 1, 1882, has been as follows.
cording to the Agricultural Department for October 1 of
previous years, we give the following, collected from its reports.
Year Beginning September 1.
:
Octnbi
y
M
O
r.
X
X
n
1
/
t-
j
X
X
iJC
r.
,
f—<
!
No. Carolina.. 6 *
0/ !
R >. Carolina
..
Mississippi
....
Texas
Arkansas
Tennessee
A
05
'-9 0
87
8-
i
1 s,i
1
Florida
Alabama
Louisiana
8.4 69
....
75
S|
.s
>
S
8
•
77
S‘J
-
t-
(
X
X
>
7>
8 1.
S t
89
81
79
S'
:• 1
80
80
8,4
t
i
SO
70
S3
>
7) 8.4 -8
8(1
77
71 .80
\ 70
70
9 1 77> 78
90 7 1
»)
»
9o
Ss 70 s
lu3 .).) -3
9' 50 90
.
*
“
70
so
8
(>
-
85
'•T
>
9 >
OO
8
10.
9<
10 !
/
/
tX
•X
82
0 1
98
91
so
IOO
91
*
90
80
88
\
Receipts. J
<
/
P
1 • •■>
172
,73
i /.4
70
73
•’70
.*
82
78
72
85
t
Sept’mbTl
80
are
active.
^3
;
1882.
1881.
1880.
1879.
1878
326,65t
429,77:
458,478
333,643
283,8 IS
0543
09-10
•
V
W
8.
*•»
_
7 ^
■*
J
07-89
.06-67
q
06-19
Sept. 30 tUe receipts at the
ports this year were 17,156 bales more than
85.965 bales less than at the same time
in
91
~
rc’tage of tot. pori
This statement shows that up to
>
99
313,812
receipts Sept. 30..!
1
•
Butts
more
^
l
1-
i1
'
grades;
and the market is
r-i
8 I
•
S
-
cr
1
y
-»
*o
-
X
71*
77
88
/
-
-
1
1
rH
—
^
7 I
Is-2 F2 82
► 8
77)
07
07 8 2 082 t
<> > loo »>•
40
9
71
06
Georgia
r-.
for standard
iu 1882 and
18S1. The
receipts since September 1, 1833, and for the corresponding
periods of the live previous years have been as follo.vs.
Tot. Sp.30
Oct. 1
•«
2....
‘
1882.
343,812
33,583
326,656
23,863
30,931
25,177
25,140
32,469
3....
23,4 30
“
4....
“
5....
24,985
35.295
«
1880.
1879.
1878.
453,478
35,186
333,613
288,34S
23,599
1881.
1883.
429,777
19,012
8.
'
8.
31,901
3G,G37
8.
35,010
27,147
25,784
25,535
39,051
33,555
17,537
24,181
8.
22.S62
25,371
2 0,161
8.
6....
27,124
36,417
“
7....
8.
21,231
23,393
43,061
‘A
8....
43.669
8.
33,710
44,019
37,355
25,309
21,335
“
9....
29,785
49,519
27,136
29,132
32,664
8.
30,586
23,504
42,489
8.
35,621
21,369
24,966
22,539
24,839
33,937
21,S19
27,622
26,969
37,697
«
11....
28,817
3 :»,015
12....
59,457
10....
,
8.
65,490
Total
The
form,
J mstcrBremcn dam <£
d: Ham- A atBarerLiverpool. ITavre. burg, iccrp. Iona.
549
2,426
1057
15-52
13 57
12-01
12-39
......
This statement shows that the receipts since Sept. 1 up t<
fco-night are now 7 7,3 43 bales more than they were to the same
day of the month in 1882 and 18,720 bales less than they were
to the same day of the month in 1881.
We add to the table
the percentages of total port receipts which had been received to
October 32 in each of the years named.
The Exports of Cotton from New York this week show a
decrease, as compared with last week, the total reaching 13,119
bales, against 14,715 bales last week. Below we give our usual
New York and their
total exports
last column
New York since sept. l. 1SS3.
Sept.
Oct.
20.
27.
4.
Same
Oct.
11.
Total
since
Sept,
period
previous
l.j
year.
48.188'
79.342
2,>00,
500
6,735
1,350
8,771)
200
9,569
Total to Great Britain;
9,365’ 8,085
8,970
9,569
Havre
5,927; 2.655
727
10,061
7,056
5,927j 2,655
727
10,0611
7,056
6,385
8,372
5,311
5,0.88
8,615
Liverpool
750
Other British ports.;
50,988j 79,842
Bremen and Hanover
2,025
1,161
1,250
2,424' 2,700
1,493
2,350
700
1.356
—
Hamburg
1,075
300
Totalto North. Europe
’
3,550
5,009
5,800
4,080
5,325!
1,600
4,923
I.
19 3tj l 0.5 10
Grand Total
•
,
Below we give all news received to date of disasters to vessels
carrying cotton from United States ports, Sic.:
sank at her wharf at Savannah,
with 18 bales cotton and other
merchandise, all of which was saved without damage
Endymion, steamer (Hr.),'at Savannah, loading. About 11 P. M. of Oct.
7 the cargo of cotton in the forward compartment of the steamer
Eudymion was discovered to be on lire, and 150 bales were
burned. 500 to 600 bales were damaged by water.
Cotton freights the past week have been as follows:
Mary M. Cooper, steamer, filled and
September 30. She was loaded
sail...d.
Do
| This
9,002
j
N. Orl’aus
I 7,110
Savannah 10,314
44,051
35,129:
Texas
Mobile...!
K7
.1
S.Car’lina
N.Car’lina
Florida
.
Virginia,
4.730
393
7,661
.j
*
This ;
week.
(i!7
479
39,34 i 156,377
..U.
....
Bremen, steam, .e.
716*
710*
7i0*
7i«*
716*
716*
....
....
....
1,799
Amst’d’m, steam.c.
sail
e.
sail
Do
a.
Do
sail
’
Since | This '• Since
Sept.l.t week. Sept. 1.
•
....
1lv
38*
....
....
....
....
.c.
....
V
e.
1,181
533
5,205
....
....
....
....
932*
%2*
0.JO*
9aT
9;t3*
....
1,052
!
(
1,186"
3,520
875'1
3 ‘ S(>
10.614
2,002
1.366;1 6.372
2,396;
-IT1
3,03.)
.
.
.
.
-
.
4 71
i
20.901
'
3.715
946
1
6,270
661
10,911
j
3,131 12,623 12.102
35,053
28,125
2,477 10,73 7 12,087. 28,551
United
reached
05,490 bales. So far as the Southern ports are concerned, the Je
are the same exports reported bvr telegraph, and published in
the Chronicle last Friday.
With regard to New York, w>
include the manifests of all vessels cleared up to Thursday
News.—The exports oi cotton from the
States the past week, as p^r latest mail returns, have
Shipping
night of this week:
....
1BI0A
5Q*
V
5g*
ss"
V
5g*
V
58*
V
5b*
58*
V
%*■
•V
38"
*8*
Com pressed.
we
have the following
We
Sales of the week
bales.
Of which exporters took
Of which speculators took..
Sales American
a etna 1 e x
port.
Forwarded
2
rota! stock -Estimated
Total slock—Actual.
Of woieh American—Estiwi’O
Of which American—Actual.
rotai import of tile week
Of whicn American
Amount afloat
Of which A’ceHoan
66 0- 0
7,500
9.00’
40,000
8.000
5,300
765,000
Sept 28
Oe.l. 5.
83,000 !
2.800
37,000
8.700
13.000
723.000
5.800|
5,700
56.000
8,500
60 000
H.-20O
1,006
30,001
71,000!
23.000!
29,300
8
7.9 )0
4.600
25.500
23 0 )0
76,006
.....
.
D3.000
3,700
616,000
43.5)6
1 2.000
481,000
Oct. 12.
noon
675,000
450.000
388,000
l!),5oe
9.500!
........
1
49.000
6,8 iO
........
3 >3,000
........
555,000
........
311,000
........
27.500
18.000
83,000
30,000
The tone of the Liverpool market for spots and futures each
day of the week ending Oct. 12, and the daily closing prices
of sp >t cotton, ha ve been as follows.
.
'
Total bale*.
York—To Liverpool,
per steamers Bailie. 2.021
(Vltic. 1,275
(I ailja, 641
O t v of Richmond. 2,171
Helvetia. 78 l
1 Ion ox, 606
Wisconsin, 1.77 L
To Brciii-n, per sfcomers Iilc-in, *50
Sain-r, iOj
To 1 lauil.uig. ]»<‘r steamer Suevla. 700
To Amsteialam. per >te »mcr Zian^m. 1.150.
To. Antwerp, per steamers Hermann, 350
Pm liatnl 109.
New Orleans— To Liverpool, per steamers IIa\tien. 2,<>65
Saturday Monday.
Spot.
Tuesday.
Wednes.
-
1
To Havre, per steamers Nantes, 7.027
Timor, 5,329
To Antwerp, per sreati-cr Nantes, 1<><>.
Charleston—To il wre. perst«*;inier Beilini, 1,516
To Barcolmia, per steamer Chiswick, 3.075
;
Savannui—To Brent -n. per st« am r 1 i fhington, 5,921 ...
To Amsterdam. per steamer Glailimu*. 5,;‘53
To < )p<irto, per bark Set-eia, 100
G alvest. >n— fo Bremen, per steamer Victoria, 5,7o0
To V« ra Cruz, per mig L. M. Merritt. 1,0 tO
Baltimore—To Liverpool, per steamers iribernian, 1,6 50....
Ne-smoie, 1.621
To Havre, per steamer F.achat, 109
To Bremen, per steamer llcrmanu, 2,154
1B16*
1Bt«*
Liverpool.—By cable from Liverpool,
New
2,"3 t
....
....
....
151«*
....
16,740
6,620
1
SI atc.-man,
V
....
Sept. 21.
28L
11,975
....
....
V
V
sales, stocks, Sic., at that port.
add previous weeks for comparison.
......
7.573
...»
....
38v
d.
Reval, steam
New
1
25.627
716*
7ie*
statement, of the week’s
22,388.
2,119
25
....
....
15o2*
160
18,743
....
7ie*
395
■
31,739j 1,992
J
I
>•)
North, pt-si
Tenn., Ac.I
Foreign ..!
since
wee!:. Sept. 1.
....
....
Genoa, steam
e.
Trieste, steam ...<*.
Antwerp, steam..e.
This I Since
week. \ Sept. 1.
B32
....
710*
York; Boston, Philadelphia and Baltimore for the past week,
from—
B32
....
....
604
Baltimore..
Fri.
710*
11 unburg, steam, c.
sail...c.
Do
IPhiladelphia.
B32
Thurs.
....
and since September l. 1833:
Boston.
B32
Wednes.
c.
sail
Do
Barcelona,steam.c.
Xcie York.
Tues.
....
Havre, steam—c.
1,494
The Following are the Gross Receipts of Cotton at
Mon.
*8
Liverpool, steam d.
2,893
14,715113.119! 84,6231104,019
5,725
20,914 16,971 15,734
15,322
3,497;
Spain, Ac
6,746
1,010
2,154
we
20,082
All other
Receipts
166
ioo
5,953
Galveston—For Liverpool—Oct. 11—■Steamer Scrapis, 1,550.
New Orleans -For Liverpool—Oct. 6—Steamer Inventor, 3,553....Oct.
8—Steamer Sculptor, 1,521
Oct. 10—Steamer Simoon, 5,966.
For Havre—Oct. 9—Steamer North Cambria, 5,670.
For Malaga Oct. 9 —Steamer Mayagtiez. 1.505.
Charleston -For Havre-Oct. 9-Steamer Wolviston, 4,613.
For Bremen—Oct. 9 — Steamer Cyprus. 4,775.
For Reval—Oct. 5—Steamer Fernwood, 1,900.
Wilmington—For Liverpool—Oct. 11— Steamer Woodsido, 5,030.
Norfoi.k-For Liverpool—Oct. 10—Steamer Bellmore. 3.5 75.
Boston—For Liverpool—Oct. 5—Steamers Illyrian, 808; Marathon, 500.
Baltimore—For Liverpool -Oct. 5—Steamer Serra, 2,406
Oct. 11—
Steamer Oranmore,
.
For Bremen—Oct 11-Steamer Strassburg. 3,087.
For Rotterdam—Oct. 9—Steamer George Heaton, 1,000.
Philadelphia—For Liverpool—Oct. 5—Steamer British Prince, 1,226.
Do
Spain, Op’rto, Gibralt*r,&c
3,075
-
5.4*21
5,706
Satur.
Other ports
Total
100
LOO 1,010 65,490
7,653 3,075
add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to the
latest mail dates:
Below
Other French ports.
Total French
1,600
1,950
.....
3,471
Total...
Sept.
Total.
13,119
17,355
7,593
11,977
2,426
Percentage of total
port rec’nte Oct. 12
Exported to—
Ter a
Cruz.
Oporto.
Philadeip’a
550 949
Week ending—
follows:
are as
549
602,166
Exports of Cotton (bales) from
usual
our
25^343
794,976
showing the exports of cotton from
in
particulars of these shipments, arranged
9.569
4,899 12.356
4,513
732,594
table
2,426
New York.
N. Orleans.
Charleston.
Savannah..
Galveston..
Baltimore..
Boston
636,522
direction, for each of the last four weeks ; also the
and direction since September 1, 18S3, and in the
the total for the same period of the previous year
549
1,900
....Ohio, 526
25,300
713,865
Total
Boston—To Liverpool, per steamer Cephalonia, 549
Philadelphia—To Liverpool, per steamers Lord Gough,
23,283
«
“
Total bales9
,
20,785
21,495
'
405
CHRONICLE.
THE
13, 1883. J
October
9,560
1,259
700
1,150
450
Market, 1
12:30p.m.
>id
j
Upl’rtb
Firm.
Firmer.
Firmer.
Firm.
•
6
6
•‘plG
12,300
2,000
12.300
1,00 )
St rung.
Steady.
.Strong.
Easy.
Strong.
Quiet.
Easy.
Firmer.
liiu.Orl’ns
611«
Fi'iday.
Active
and
Good
demand
tinner.
freely met
6
53JiS
6;i0
•r,irTfl
Thursday
'8
6*8
6's
64
,
10.0-0
8:6 os
4.690
1 2,3.16
10O
4,51
s
8pee..v exp.
)
1 _’:3u p.m.
^
5,053
Market,
)
(
1.010
3,171
100
2,154
-
15,000
2,000
18.000
2,0 >0
18.000
Firm.
Quiet.
3,090
F utures.
Market,
3.075
5.02 I
loo
5., 06
2,000
5
P. M.
Quiet.
Steady.
The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
piices are on the basis of Uplands, Low Middling clause, unless
otherwise stated.
406
THE CHRONICLE.
I3P*The 'prices are given in pence and Gitas, thus: 5 62
means
stnd 6 03 means 6 3-G4<L
Snt„ Oct.
Open' High
'
Mon., Oct. s.
"§i
Low. Clos.
High | Lo w. Clos.
3
5 62-64d.,
o
Spring wlieat extras..
High Low. Cloa.
>7
!
d.
d.
d.
d.
5 5i)
5 63
5 59
5 63
Oet.-Nov....
5 57
5 62
5 57
5 02
1
Nov.-Dee...
Dec.-Jan....
5 55
5 60
5 55
5 60
i
5 57
5 61
5 57
5 61
j 5 53
5 00
5 58
5 60
6(0
5 62
5 62
5 02
3 58
5 02
! 5 60
|
5 62
Jan.-Feb.... 5 58
5 02
560
3 02
6 00
Feb.-March
!
6 03
5 62
5 63
5 63
561
5 01
.6 00
600
5 63
0< 0
6 03
Mar-Apr...
6 02
1
5 63
0 06
6 03
6 04
6 01
6 02
C 04
;
6• 2
; 6 07
6 01
6 02
0 01 !
! 6
October
April-May..
6 01
6 07
6 04
6 07 :
May-Junc..
6 06
6 09
6 00
o
June-July..
July* Aug...
i
d.
:
5 60
...
....
....
....
6 00
5 59
straight....
Patents, spring
5 61
5 59
5 61
5 63
6 00
5 62
5 62
Patents, winter
5 59
5 60
5 5S
5 60
5 62
6 00
561
5 61
,
;
We cl lies. ,«et
1
10. 1
;
Open High Low. Clos.
6 05
6 05
09
6 !2
6 08
G 08
6 09
0«»
0 12
6 13
6 11
6 11
0 14
6 13
6 14
6 15
6 18
6 IS
6 18
6CS
1
....i
...j
....
;
I
d.
d.
d.
October
6 01
6 CO
6 00
i
6 02
.
6 04
6 06
Oct.-:Nov....
Nov.-Dec..
Dec.-Jan...
6 01
6 01
5 63
6 0!
6 03
6 04
5 63
5 63
5 61
5 63
6 00
6
5 63
5 63
561
5 62
6 01
6
Jan.-Feb.... 6 02
Fcb.-Mareh 6 05
6 02
5 63
6 01
6 03
6 15
6 02
6 03
6 66
6 07
6 OS
6 05
6 07
i 6(9
010
6 11
0 11
0 09
6 09
1
6 13
6 14
May-June..
6 ! 4
6 11
6 11
6 13
6 U‘,
June-July..
6 15
6 15
6 ID
6 15
j 6 15
Aug.-Sept..
....
....
...
J 6 21
|
d.
6 00
03 : 6 00
6 03 i 6 02
6 07
....
...!
....
[601
ion
03J
Mar.-Apr...
April-May..
....
....
...
6 22
i
'
j
Fi*i., Oct. 1
|
|
6 04
d.
d.
0 03
6 00
6 01
1 6 02
|5 65
00
6 00
6
j
6 02
6 04
6 01
6 07
0 07
6 12
6
6 15
1 0 SI
021
13,
I
Clos.
d.
6 00
6 02
5 62
5 62
6 01
5 60
5 60
6 01
5 60
5 60
6 01
6 04
6 03
! 6 07
5 63
5 63
6 05
6 U1
6 01
6 03
6 04
6 04
6 10
6 11
6 Ki
6(6
6 14
6 14
6 09
6 10
'
....
1
""I
l
d.
6 04
6
00
High} Low.
vJ.
-
.
.
....
....
•
....
•
•
•
Wheat—
....
Receipts at—
Flour.
Chicago
Milwaukee..
Toledo
Detroit
,
winter and
spring wheat grades. To-day the market was
quiet, but there was perhaps a
slightly steadier
apparent.
plies in such markets
still
tone
speeulatian but the export
The
ample
sup¬
London, Liverpool, Glasgow and Paris
unquestionably a restrictive influence on the foreign trade.
In addition the supply at the West is
steadily increasing audi is
now
materially larger than that held there at this time last
have
year or at
this date in 1881.
Prices have
here about 3 cents.
been no little
accordingly declined
As the quotations have receded
there has
covering of contracts, and on several days the
transactions in options, in fact, reached a
large aggregate. To¬
day the market
activity. No. 2
,4@>ic. higher with a fair
degree of
red on the spot sold at $1
Unde¬
livered, and for future delivery at £1
09%#$1 10>i for October,
§1 12%@$l 12% for November, $1 14/1 #81
14% for December
and $1
17 for January.
Indian
was
3 00®
3 40®
3 40
3 50
4 00®
4 20
#
100 11)3
Corn—
Yellow Southern.
Western white...
59
®
00
®
6 i
®
70
®
33 'c ®
36
®
Rye—Western
State & Canada..
Oats—Mixed
White
59
60
61
No. 2 mixed
No. 2 white
62
62
67
71
36
45
35
3 4h t>
37 q ®
Bariev..
Wheat.
Corn.
189,023
4,847
1,925
577,409
282,363
9,300
246,149
6,000
37*4
Nominal.
d100
95
Oats.
Barley.
Bye.
13,000
600,632
213,575
234,013
212,290
2,576,844
3.103.600
Cleveland,.,..
18S1
1,718,410
203,616
13,385
17,296
337,300
22,800
27,990
2,603,902
738,067
3,198,811
1,770,478
927,302
765.662
679,690
626,192
293,930
290,044
153,919
385,682
23,031,835 29,533,004
27,918,591 13.332,141
16,018,206 40,173,837
16,730,642
13,373,461
2,399,017
2,004,347
2,207,539
2,905,801
1,037,248
1,734,278
2,GOO
153,970
175,830
1,374,152
1.686.966
1.0J2.96?
1882
’
33,857
32,983
Duluth
359,870
269,612
43,573
88,837
550
St. Louis
8,530
121,574
41,525
42,931
70,271
7,200
100,831
3,323
3,303,397
•
«
•
•
•
9,917
000
*
500
The comparative
shipments of flour and grain from the
pons from Dec. 25, 1882, to Oct.
G, 1883, inclusive, for
four years, show as follows:
same
1882-83.
Wheat
6.793,443
5,813,619
1880-81.
1879-80.
6,820,592
3,694,591
bush.
31,825,305
87,233,686
39,579,805
42,271,359
53,079,421
29.502,863
41.439.581
55,803.092
90,321,700
29,631.337
2.8 19,052
2,992,357
106,152,087
23,462,126
Cats
Barloy
5,612.600
Rye
Total grain
Below
1891-82.
bbls.
Flour
Cora.............
as
11;
11 ■
15
100,523
«■
1883
Flour lias continued dull and weak. Tlie
European, South
American and West Indian markets are
reported to be well
supplied for the present, and the home demand, in
addition, is
quite moderate. The supply available here is liberal, both of
very extensive scale.
Brandywine. &e
Buckwheat flour,
Bbls.imbs Bush.tiO lbs Bush.bdlbs Bush. 32 lbs
BushASlbs Bush.56 lbs
54,424
603,714
2,105,413
1,100,349
SinceAug.l—
Friday. P. M.. Oct. 12, 1883.
on
Western, &c
The movement of breadstuffs to market is indicated in
the
statements below, prepared by us from the
figures
of
the New
York Produce Exchange. We first
give tlie receipts at Western
Lake and River ports, arranged so as to
present the compara¬
tive movement for the week
ending Oct. 6 and since Aug. 1
for each of the last three years:
Peoria
....
! 1
BREADSTUFFS.
freely
05
04
,
Tot. wk. ’83
Wheat has sold more
traffic has not been on a
'
9*
®1
1 03
®1
Red winter, No. 2 1 1 L
Red winter
90 ® 1
White
1 05
®1
White No. 1
1 15
®
Corn—West, mixed
51
®
West. mix. No. 2.59: (o 3
White Sou*, hern..
02
®
Same wk. ’82
Same wk. ’81
very
1
Spring, per bii3h.
Spring No. 2
....
1
""
6 75
4 85
4 00
Corn meal—
Buckwheat
d.
0 15
j
...
5 90
GRAIN.
i
....
1
6 IS
i
| >
.
;
Open High Low. Clos. Open
<l.
....
...
3 75®
.
....
Tliurs., Oct. ii.
d.
July-Aug...
6 09
6 07
d.
1
6(0
d.
cor; 6 07
....
....
4 50® 6 25
5 75® 7 35
5 50® 7 00 i
0 00
|
....
d.
6 03
,
Aug.-Sept..
d.
6 01
....
....
d.
d.
3 85®
City shipping extras. $5 60®
Southern bakers' and
family brands
5 25®
Soutli’n stip’g extras. 4 25®
Rye flour, superfine.. 3 75®
4 25®
5 63
....
....
d. '
3 00
3 30
3 75
4 25
6 40
4 20
Minn, clear and stra’t
Winter shipp’g extras.
Winter
cleat*
and
5 63 i 5 60
6 08
os;
|
d.
FLOUR.
No. 2 spring...# bbl. $2 40®
No. 2 winter
2 75®
Superfine
3 15®
Tues., Cot. 9.
1
[Vol. XXXVII.
are
....
4,663,313
2,201,770
170,914,703
129,303.465
the rail
ports for four years:
Wheat..
Corn...,
Opt. o
..
01T,.
bbls.
128,125
Visli.
3G0.072
1
515,107
.
Oats
weeks
2.371,985
Flour,
1881.
Week
on. 7.
1880.
Week
Orf. 8.
Week
on. 9.
40,7(35
232,929
122.815
417,005
559,327
1,082,19 4
249,9-40
280,500
05 4.058
727,515
18 4,473
10 4.275
100,050
109,420
1,510,559
3,251,105
1,772,187
shipments from
Wheat,
and river
1882.
same
were:
Week
190,353,830
235,531
50,653
Barley
The rail and lake
165,060,868
158.152
Rye
Total...
2,254,7 66
shipments from Western lake
1883.
1 \cek
Flour...,
2,696,759
1,676,893
Corn,
902,040
ports for last four
Oals,
Barley,
Bye,
ending—
bbls.
bush.
bush.
good export demand, and the Oct.
bush.
bush.
bush.
6... 210,334 1,293,010
2.233,597
1,460,366
341.325
the
prices on
183.870
spot have latterly been quite firm.
Sept. 29...201,925 1,763,029
2,671.182 1,34(5,861 275.017
Options have Sept.
325,934
sold moderately only, but some
22...219,031 1,884,904
3,257.543
1,356.295
191,223
depression in the fore part of Sept. 15. v.133,750 1,881,093 3.187,683
226,726
1,842,232 103.451
the week has latterly
213,472
given place to a firmer tone, which was
Tot.,4 w...965,013 6.822,672 11,400,005
6.005.801 917,019
especially noticeable yesterday, when the visible
supply m this 4 w’ks 82..S19.614 8,838,540 3,999,115 3,811,008 632,320 955,011
428,230
country showed a decrease of 631,319 bushels,
The receipts of flour and
compared
with
at
grain
the
seaboard ports for the
that of a week ago.
To-day there was a fair business, and week ended Oct, G follow:
cash corn was
steady, while options, which early in the
Flour,
Wheat,
Corn,
Oals,
Barley,
Rye,
day
At—
Obis.
were weak, recovered later
bush.
bush.
bush.
and advanced /£ to
bush.
bush.
New
York
12
4.205
%c. On the
1,151.100 1 497,800
415,808
38,850 1 73,550
Boston
spot No. 2 mixed sold at uO^c. afloat, but later this
75.195
1,200
182,32 4
150.310
1,500
1,000
figure was Portland
950
bid and 60c. asked; steamer white
10,400
9,700
Montreal
and yellow sold at 59c.
13,130
94.411
262,218
and
117
Philadelphia... 25.712
graded yellow in elevator at GO1#.; No. 2 mixed
52,1(0
25,400
36,000
for future de¬ Baltimore
20.042
335,280
41,830
46,650
2,850
New Orleans...
livery sold at 591/J@59%c. for both October and
3,702
213,378
438
1,675
November,
59
@59%c. for December and 58@5S%c. for
Total week... 209,5 42 1,3 47,769 2
January.
,023.410
008,203 40.767 1 77,400
Cor. week ’82.. 332,570 2,092,679
Kye has been moderately active, with Canada
774,235
430.250 80,807 65,068
and State
rather easier. Buckwheat has been
The total receipts at the same
scarce and
ports for the period from
quiet. Barley Dec.
has been quiet,
2,5, 1SS2, to Oct. G, 1SS3,
pending receipts of the new
compare as follows for four
corn
has met with
a
,
.
crop; No. 1 Canada years:
quoted at nominally 70@
Flour
depressed, but have latterly rallied iu
response to rather firmer markets at the
Wheat
West, and prices are Corn
now slightly
higher than a week ago, while there is a fair
busi¬ Oats...
ness in
Barley
progress. To-day the market advanced
%c.; N. 2 mixed Rye
to arrive has sold at 90c. and
Western is
75c. ;Oats were atone time
sold at
34%@34%c.
tor
October, 35%(g35%c. for
November,
36%@37c. for December and 3S@3S%e. for
January. •
The
following
are
closing quotations
:
Total
1882-83.
bbls.
10,276,677
1881-92.
1880-91.
8,936,098
9.331,577
7,813,034
bush.
50,075.939
70.361,133
23,766,020
2.322,182
3,921,032
63.111,195
26,102,35s
22,493,780
76,538.103
87,612,037
22.363,584
2.392,803
1,176,506
96.633.7 11
116,976,60 1
17.996.8 49
2,431.039
1,170,631
1879-30.
2,039,143
1,593,571
grain....150,152,611
115,609,003 190,072,093 235,2S9,90S
The exports from the several seaboard
ports foi week endirg
G, 1833, are shown in the annexed statement:
,
October 13,
Exports
from—
THE
188S.]
Flour.
Oats.
Com.
Wheat.
CHRONICLE.
Domestic Cotton Goods.—The exports of domestics for the
were 2,561 packages, of which 917 were
shipped to Great
Peas.
Rye.
407
week
Bush.
Bush.
268,339
935,204
105,159
Bbls.
New York
62,851
Boston.
Portland.
Montreal.
Philadel..
BaCtim’re
N.Orl’ns
48,086
Total w’k.
S'me time
1882.
148,366
..
Bush.
Bush.
3,478
Bush.
264
128,872
60
15
10,516
1.886
.
18 4.197
47,437
129,53 )
113,199
117,610
421,820
oo^3i6
8,485
16,527
5
976,314 1,098,595
3,543
Flour.
123.872
1,511
12,357
3,865
'
237.747
The destination of these exports
corresponding period of last year for
Exports
for week
there
207.018
167,994 3,093.927
..
1,2S0
Britain, 732 to Chili, 296 to China, 200 to United States of Co¬
lombia, &c. The demand at first hands was strictly moderate,
aside from a few fabrics adapted to the spring trade, in which
6,781
We add the
is as below.
comparison:
Wheat.
Corn.
fair business for future
delivery. The hardening
tendency of the staple has imparted a firm tone to the market
for manufactured goods, but the demand has been so light that
agents have not ventured to advance prices. Leading makes of
was a
brown, bleached and colored cottons, cotton fhnnels, &e., are
rule, and outside brands are not in excessive
supply at present. Print cloths were in moderate demand and
closed firm at 3 ll-16c. for 64x64 “ spots,” 3%c. for 64x64 “ fu¬
tures,” and
plus 1 per cent, for 56x00s. Prints ruled
quiet in agents’ hands, but some large lots were closed out by
well sold up as a
,
1883.
Week,
Week,
to—
(>ct. 6.
Oct. 7.
1
Jib If.
Bb/s.
i
106,138
UmKing.
Contin’iit
113,559
9,819
6.017
8.<fe C.Arn
W. Indies
Brit. Col’s
Oili.c’nt’s
i
1882.
•
Total...
11,015
14,232
10,623
13.704!
11.316
341
1,5591
3 832.
1883.
r>cA\
Oct. 6.
Oet. 7.
Bush.
Bush.
Week,
167,994
Week,
Week,
Oct. 7.
514.173 L,648.804 1,239,928
459,132 1,399,252 .231,245
33,379
0,225
3,009
133,030
79,073
15,961
5,107
4.818
4,570
........
50,871
jobbers at relatively low prices.
Domestic Woolen Goods.—There
Bush.
Bush.
r
j
1882.
-
Oet. 6.
13,0421
148,366
1883.
90,000
976,314 3,098,927 i.60S,595
237,747
considerable influx of
was a
clothing manufacturers from the West, who placed
fair
some
orders for
spring cassimeres, suitings and worsteds, but their
purchases were conducted with a degree of caution suggestive
of considerable ‘‘carried over” stocks. Heavy clothing woolens
taken in small lots to
were
a
moderate amount, and there
was a
fair business in
By adding this week’s movement to our previous totals we
following statement of exports since September 1, this
have the
and last
season.
Wheat.
Flour.
Exports sinct
Sept. 1, to—
Corn.
1883.
1382.
1883.
1882.
1SS3.
1883.
Sept. 1 to
Sept. 1 to
Sept. 1 to
Sept. 1 to
Sept. 1 to
Sept. 1 to
Oct.
Oct.
6.
Oct.
7.
0.
Bush.
Bbls.
006.6 IS
718,722
97,572
4,362,560
3,092,531
S.&C. Am...
88,479
375
West Indies.
05.344
97,480
104.018
6,574
Erit. Col’nies
97,055
Oth. countr’s
2,387
83,560
4,420
890.327
1,096,783
Total
7.
Bush.
Bbls.
Ln. Kingdom
Continent...
26.Si.-5
Oct.
7,462,046
Oct.
6.
Bush.
Oct.
7.
Bush.
9,876,852
5,310,779
436.424
9,298,955
14,234
4.2S4
1,300.475
228,966
128,140
82,301
61.407
10,632
59,004
87,196
99,792
13,096
2,333
19,283,531
7,032,945
700,404
The visible
supply ot grain, comprising the stocks in granary
principal points of accumulation at lake and seaboard
il and water, Oct. 6, 1883, was ae
ports, and in transit by
afc the
follows:
In store at—
New York
Do. afloat (est.)
Wheat,
Corn,
Oats,
hush.
bush.
bush.
',095,785
2.351,059 2,111,004
Barley,
Rye,
bush.
bush.
12,025
333,453
100.000
Albany
5,500
23,300
87,000
1,500
Buftalo
570,000
1.15 4.000
23 3.000
0.300
3 7 500
132.000
7,132,000
2,518.004
1,312,829
1,149.493
1,976
43,900
117,810
45,731
4,039
66,505
252,705
859.884
18,85 7
2,100
50.389
104.231
310
Chicago
Milwaukee
Duluth
Toledo
Detroit
1,713,913
Oawego
Bt. Louis
Cincinnati
Boston
Toronto
2,033,770
233,393
110.011
51.394
194,029
27.940
80,020
2,740
105,172
221.8S3
21,307
3,028
Philadelphia
720.404
53.718
7,290
Feoria
237.800
105,100
Baltimore
Down Mississippi.
On rail
On lake
On caual
2,532.771
4 01,043
309,972
345.79 4
1,107,500
9,732
31,383
270.528
60.505
25,000
55.959
117,810
The importations of dry goods at this port for the week
ending Oct. 11, 1883, and since January 1, and the same facta
for the corresponding periods of 1882, are as follows:
1,095
9,000
37,032
Indianapolis
Kansas City
42,1 18
2 •0.000
I 20,055
Tot. Sept.
Tot. Oct.
Tot. Oct.
Tot. Oct.
4,248
300,390
9,000
Montreal
Tot. Oct.
42
3i»i>orlation8 of Dry Goods.
118.181
74.857
21,350
a
i‘,099
053
300
51,52 J
48*955
IS 600
120,950
182,700
873.522 2,204.140
6, ’83. 23.523.488 13.4 44,957 5,088.013
784,962 2,008,673
29, ’83. 20,964,337 14.000,209 5,792,838
7/82. 13,940.219 5,070,554 5.007,042 1,243,038
590,575
8/81. 20,109,847 28.120.870 5.759,915 1,922,309 1,052,599
702,205
9/80. 14,422,150 19.934,220 3.477,208 2,177,379
DRY
GOODS
TRADE.
Business has ruled
quiet in the wholesale branches of the
the mildness of the weather having re¬
tarded the demand for consumption for nearly all heavy fabrics*
The domestic commission houses experienced a steady though
strictly moderate call for cotton and woolen goods, prints, dress
goods, sackings, &e,, but there was no snap to the demand,
and selections were entirely governed by actual wants. Foreign
quiet in first hands, and most kinds sold
■ooorly when offered through the medium of the auction
rooms.
The jobbing trade was light and irregular, and there
was only a moderate movement in clothing, shirts, cloaks,
suits, &c., from the hands of manufacturers. Accounts from
the West and Southwest continue satisfactory, but late advices
from certain sections of the South are not as favorable as could
be desired, the partial failure of the cotton crop in some of the
districts having had a depressing effect upon business, and
rendered buyers very cautious in their operations.
goods were
very
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Friday. P. M., Oet. 12, 1883.
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42.148
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50,389
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173,500
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80,79.1
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season
cloakings, sackings, repellents and stockinettes,
while Jersey cloths have subsided into a condition of compara¬
tive quiet, after having had an exceptionably brisk run. Sati¬
nets met with a fair share of attention, but Kentucky jeans and
doeskins were lightly dealt in.
Flannels were in steady re¬
quest, and stocks are so well in hand that prices remain firm,
but b’ankets were somewhat unsettled upon the announcement
of another large auction sale for the coming week. Dress
goods continued in pretty good demand and firm, because of
the light supply on hand. Shawls, skirts and carpets were in
fair request, but hosiery and knit underwear were mostly quiet,
Foreign Dry Goods.—The market for imported goods has
lacked animation, and yet there was a fair business in a few
specialties. Silks were dull in private hands, and sold poorly
when offered at auction, but velvets, velveteens and plashes
found ready buyers. Dress goods were in irregular demand,
and, upon the whole, sluggish, and transactions in men’s-wear
woolens were mainly restricted to placing orders for spring
weights. Linens, white goods and laces were severally quiet.
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CHRONICLE.
THE
408
lVol. xxxvil
gituTi statements.
23;iulv statements.
j&tuli Jdatcmcuts.
deportoftiie condition of tiie
XvMETltOPOLITAN NATIONAL HANK,
at New York City, in the State of New York, at the
close of business, October 2, 1883 :
DEPORT OF TIIE CONDITION OF TIIE
OF
CHEMICAL
NATIONAL
HANK
NEW YORK, at New York, in the State of New
York, at the close of business on the 2d day of
October, 1883:
DEPORT OF THE CONDITION OF THE
XVNATIONAL HANK OFTHE REPUBLIC,
at New York, in tiie State of New York, at the close
of business October 2, 1883:
RESOURCES.
$7,649,299 11
Loans and discounts.
Overdrafts
U. 8. bonds to secure circulation
Other stocks, bonds and mortgages...
Hue from other National banks
Due from .State b inks and bankers ...
Real estate, furniture and fixtures—
Current expenses and taxes paid
•Checks and other cash items
3.908
2.500.000
1,626.532
513,584
659.478
1,011,28'.
00
24
58
4*5
47
30.314 63
103,053 91
1,001,522 24
Exchanges for Clearing House
Bills of other batiks
Fract’l paper
93
112.114 00
716 43
2,020 870 80
curacy, nickels & pennies.
Specie
307,100 00
Legal tender notes
Redemption fund with U. 8. Treas¬
urer (5 per cent of circulation;
It
RESOURCES.
Loans and discounts
....$12,813,164
Overdrafts
5,124
s>
(pur
U.3. bonds to
cure circul’n
val.)
100,000
U. S. bonds on hand (par value/
368,000
Other stocks and bonds
245,546
Due from other national banns
755,966
Due front Stated priv.de b’ks&b’nkers
2-6,091
Banking hous-*
100.1)00
Current expenses
8,315
Checks and other cash items....
106,135
Exchanges far Clearing House
970.777
Bills of ot iter banks
92,500
Fractional paper cur’ey, nicke s & oenjs
5,326
$17,652,227 80
Total
$3,000,000 00
1,400,000 00
100,257 13
2,152,150 00
National bank notes outstanding
Dividends unpaid
.
8.890 01)
3,952.020 97
Individual deposits subject to check..
Demand certificates of deposit
Certified checks
Due to other national banks
Due to State banks and bankers
46,934
209.000
4.803,572
1,973,802
—
00
74
44
47
Total
$17,652,227 80
York, ss :
1, Geo. J. McGouhkey, Cashier of the abovenamed bank, do solemnly swear that the above
statement is true, to the best of my knowledge and
belief.
G. J. McGOURKEY, Cashier.
Subscribed and sworn to before me this 9th day
of October, 1883.
W. K. Cox NEEL,
Correct—Attest:
Notary Public, X. Y. Co.
ISAAC II. BAILEY.
Si>L>X in; d I’M RKYS,> Directors.
SAMUEL SHUTS!Alt,
10,880 00
3,855 00
...
225,047 68
deposit
112.165 6.8
Cashier’sch’eksoutst’u’g
44,285 37—14,955,188 .“it
Due to other national banks
2.140.393 04
Due to State & private banks A bank rs
656,871 60
Certified checks
$21,922,641 06
Total
State of New York, County of New York,**:
1, W.M. J. Quinla.X, .Jr., Cashier of ” i’he Chemi¬
cal National Rank of New York,” do solemnly swear
that the above statement i§ true, to the best of tuy
knowledge and belief.
,
QUINLAN, JR., Cashier.
Correct—Attest:
Notary Public, N. Y. County.
FREDERIC w. SI’EVENS,/
J. A. KO')8*“YELT,
Directors,
G. G. WILLIAMS.
)
RESOURCES.
$5,352,436 22
Loans and discounts
Overdrafts
U. S. bonds to secure circulation
lj. S bonds on hand
Other stocks, bonds and mortgages—
Due from other national banks
Due from State banks and bankers
74 91
500.000 00
10.001) 00
220.301 24
172,054 27
57,764 17
385,000 00
Hanking house
200,000 00
Other real estate
Current expenses and tuxes paid
Premiums paid
Checks and other cash items
23,140 99
46,505 43
13.017 09
2,042.624
9,892
7
1,374.211
242,300
Exchanges for Clearing House
Bills of other banks
Fract’l pnpvr cur’ey, nickels & p ‘iinies.
Specie
Legal-tender notes
Redemption fund with U. S. Treasur¬
er (5 per cent of circulation;
06
00
27
90
00
22,500 00
$10,671,829 55
HANK, at New York, in the State of New York, at
tiie close of business on the 2d day of October, 1883:
RESOURCES.
Loans an.1 discounts.
$13,030,047 67
Overdrafts
4,117 23
U.S. bds. to secure circulat,’n (par val.)
50,000 0 )
Other stocks, bonds and mortgages ...
28.400 40
1,159,314 75
Due from other national banks
Due front State and private banks and
bankers
383.05L 79
Real estate, banking house, Ac
349 165 04
Current expenses and taxes paid ..
..
63,766 71
( hecks and other cash items
814,978 <>o
National bank notes outstanding
Dividends unpaid
Individual deposits subject to check..
Demand certificates of deposit
Acceptances
Cashier’s checks outstanding
Due to other National banks
Due to State banks and bankers
00
38
0*
50
74
31
1.616,966 43
..
140,011 26
3,164.469 15
1,090,819 78
Total
$10,671,329 55
State of New York, County of New York, ss:
1, Fit El) Elite T A YLOit. < ’ashier of the above-named
bank, do solemnly swear that the above statement
is true, to the best of my knowledge and belief.
FItEI)
It 10 TAYLOR, Cashier.
Subscribed and sworn to before me this 6th day
•of October, ISS3.
W»i. II. claitksow
Correct—Attest:
Notary Public, New York Co.
11 >RA<’K POUTER,
/
HENRY M. T A BEII,
Directors.
EDMUND i). RANDOLPH, )
4,816,346 78
Exchanges for Clearing House
94,213 00
Bills of other banks
Speie....
1,367,663 77
1,401,000 00
.'
Legal-tender notes...
$23,591,170 14
Total
$1,000,000 00
200.000
67,807
450,000
13.769
2,914.868
13,037
LIABILITIES.
$5,000,000 00
Capital stock paid in
1,250,000 00
419,**87 47
Surplus fund
Undivided profits
6,803 03
outstanding
State bank circulation
Dividends unpaid
ii.ioo ro
10,059.203 88
Individual deposits subject to check..
Demand certificates of deposit
Certified check'*
Due to other national banks
to
and
Due
State
private banks and
bankers
355.530 03
1,700,9. >5 s
3,001,648 98
1,722,23 ) 70
.$23,591,170 14
Total
State of New York, City and County of New York,#s;
1, Dumont Clarke, (’ashier of the American
Exchange National Bank of the city of New York,
solemnly swear that the above statement is
the best of my knowledge and belief.
DUMONT CLARKE, Cashier.
Sworn to and subscribed before me this 9th day
of October, 1883.
A . R., Rouoers,
Notary Public, N. Y. Co.
Correct.—Attest:
W. (’. LANGLEY,
)
JNO. T. TERRY,
-Directors.
W. 15A Y A li 1 > C U TT INC,)
do"
true, to
*
"1> EPORT
OF TilE CONDITION OF TIIE
NATIONAL HANK, at the City
it’d in the-State of New fork, at the close of busi¬
ness, October 2
1383:
Report
of the condi
»ioOFTHKCITY
s ofthe
THIRD NATIONAL
HANK
,
it i.sociic i:s.
OF NEW
Loans and iliscounts
$3,268, n4
Overdrafts
15,971
U. S. bonds io secure circulation
Soo.ono
Other storks, bonds and mortgages....
1*,20.d
Due from other national banks
229.151
Due from State banks and bankers....
3.563
Real estate, furmiOre and fix lures
318.92
Current expenses and la ves paid
4,366
Checks and ni her cash i cm50,394
76 ...19
Exchanges-for Clearing House
Rills of other banks
Fract’l paper eur'ey, nickels
Specie
v
32.489
5.9lo
861.959
192,950
pennies.
Legal-tender not es.
Redempt ion fund \vi! h 1’. S. Treasurer (.5 per cent of circulation)
on
Loans and discounts..'
oa
99
92
overdrafts
LAS. bonds to
of)
06
59
o()
13.50i\i)
RESOURCES.
.
...
Speed*
(5
upti
n
per veal
3.926.655
259.9,5.S
39:t,s53
50 93
I
169.233
13I.0H
Total
$6,072,313 8S
State of New York.founty of New York, ss;
I*. Fimi, Cashier ot the above-named
1, Jolt \
bank, do solemnly swear that t he above statement
is true, to the best of my knowledge and belief.
.In IN I) FISK, Cash'ier.
Subscribed and sworn to Indore me this 5th day
HERMAN* K. *T-KKr.
Of October. 19-3.
Correct—Attest:
Xotarv Public.
.1 oilN T. WILSON ;
IlK.dl
J NO. N.
It A R
Row,
QUIRK,
foil I with U. '.Treasurer
of circulation.)
Total
Directors.
>
3.19,117 93
5 4-92 45
45.916
ci.il -s
765 760
52,71,3
7*
78
'.6
90
500 78
42 O')
Total
$8,397,018 08
State of New York, County of New York, ss:
I, E. H. Pullen, cashier of the above-named
bank, do solemnly swear that the above statement
is true, to the best of my knowledge and belief.
E. II. PULLEN, Cashier.
Subscribed and sworn to before me this 8th day
of October, 1883.
N. B. Sanborn,
Notary Public, Kings Co.
m N.Y. Co.
Correct—Attest:
Certitieate tiled
O. C. WILCOX.
JAS. B. .JOHNSTON,
H. \V. FORD,
-
*
)
> Directors.
)
Report of the condition of the
Pm I EN 1X NATIONAL HANK, oF THE
ci'y of New York, at New York, in ihe State of
New York, at the close of business, October 2 1883 :
Laans and discounts
overdrafts
U. S. bonds to secure-circulat on
Other stocks, bonds and mortgages...
Due from other National banks
Due from St*te banks and bankers
Real estate, furniture and fixtures
Current expenses and taxes paid
Prem urns paid.Checks and ether cash items
Exchanges f
*r 1
$2,975,170 19
45
300,000
(52.800
326,933
'
11.199
04
00
00
82
24
350.000 00
19,188 89
6,000 00
15,8 *3 93
2,697,601
49,614
64
835,697
119,300
learing House
Bil:s of other banks
Kjract’l paper eur’ey,
nickels A pennies.
Specie..
Leg il tender notes
Redemption fund with U. 8. Treasurer
(5 per cent of circulation)
61
00
72
45
00
13,500 00
$7,692,948 89
Total....
LIABILITIES.
$1,000,000
1*5,282
82,283
256,600
3,171
check..
3,452,2(59
Capital Stock paid in
r urplxs fund
Undiv’ded protits.....
National bank notes outstanding
Dividends unpaid
ituiividu.il deoosits subject to
Demand certificates of deposit
Cel t tied checks
tDshier’s checks outstanding
Due to other National nunks
Due to State banks and bankers
00
12
43
00
60
37
5,771 50
2,132,15(6 41
500 00
487,5(58 13
,
87,303 30
Total
$7,692,948 89
State of New York, County of New York, ss:
J, ALFRx.J)
Al. BULL, Cashier of the abovenamed bank, do solemnly swear that the above
st itement is true, to the b- st or my knowledge and
belief.
A. M. BULL,.Cashier.
Subs rib°d and sworn to before me ilii“ 5th day '
of Dctob r, 1n*3.
Eu.iAti H. Hiker
Correct—Art,e-d,:
Notary Public.
EJG
NE PUT’LIT,
,
R. J'AG ENS 6ECU E;f,
[- Directors.
,
H .NRY il KU V LI A HOT,
S
ofNATIONAL
r o\ of
Report
the condiHANK
FOURTH
OF the
THE
n um.i ni;s.
$1,000.01 in on
Canit al s' ock paid in
Surplus tun!
21 II i.O 9 09
16 1.9(7 39
:
Undivided pi*i 'li's
ndividn Id p sts subject to ••lieu’
Or mtud cert iti • fes of dep. >sit.,
Cer Hied checks
’.
*
'ashier s cheek * out si amt mg
Due t.i ot licr Nat ional hanks .'
Due to State banks and bankers
1,,91't.MO
■
19
31
23.161 •
3.1 *' | 1-2
?.*l 1 92
5->9,976, 59
617.-67 78
..
To/al
$7.ss2.7S: 63
-
State of Ne.v York. Count v of New York
;
I, (1. L. HrT ill N*;s. C shier
f the above-named
5,'iuk. do smem ilv swe ir ; h t theabov * stafetueul
is.tru ’, tothe best of my koowie I <*
d'l»e!:«*f.
<>. L. 11 U l’C 11
(iS. ('ashier.
Sui'se-iiu-d and sworn to before* me Kii* 81 h day
of ne.ohor, 1883
Eu EN
OKI.MMt,
Correct—Attest
:
RE- of ut’ES.
Loans and disc unit s.
$15,794 8)3
Over. 1 rafts
7.311
U.S. bonds to seen re circulat ion
1 9.0110
her
(>t
stocks, bonds and m *rtgages..-..
132:757
1 )m* f rom otiier nat i -n il banks
1,5-57.30 5
Due from 81 at e hanksand bankers..:...
3O.N80
Real esi ate. 1 urnit ui «v and ft.vt ur *s....
600,000
Current exp ns.*s and taxo s j»aid
31, *51
Premiums paid
s.ooo
78,919
Cheeks ami ot her cash items
Exchanges fur Clearing'House
10,563,491
Bills of m her banks..
lo.ouo
01
2!
00
Fraet’1 paper eur’ey, niekeis & pennies
Speeii*....
3,267,25(1
955',*95
L<*g 4 tender n<u es
Iledeiupt.iou tun I with U.8. Treasurer
75 per eem of cireiiiaf ion)
.
18,000
!>u • iri^m F. S. Troasurer. other .than
5 p-*r cent redcmijL.on fu ri
3.000
Total
$33, Usd, ■''33
32
„
-s5
js
tit)
00
33
00
90
6S
00
35
00
09
Of)
19
13 A 111 I. Ill ES.
•:
13o.ni >0
.2 >5
L.tioi jo
59,00(1 00
7*0.707 79
763, IT.5 (JO.
45o,000 ()i)
Legal tender note*
$ i00.060
270,000
.-
,....
$0,072,3:3. *,*
62.315
eireulat ion
o • ,s. bon I • and m > t gages
Duo from oi hoi National banks
Due fro n Suit banks and bankers
Real estate
Cu rent expense-, and I ax -s paid
;-'x<‘lianges for (’(earing House*
B 11s of oilier Banks
Fraet onal p p.-r currency, nickels and
cents
I.IA till.I TIES.
Surplus fund
Undivided prolil s
Nat'oiuil Rank n des ut-damling...
Dividends unpai 1*
Individual deposits subject to check
Demand cert;heat os of ’deposit
Certified checks
Cash er’se ecks outst L dig
■.
Due to ot her tint ional banks
Due to State banks and bankers
secure
$1,59‘5.922 97
Ot her st
Rede
Capital stock paid in
the 8 ate of New York,-at the
Tuesday, < hrtobor 2d, 1**3 ;
>
close of business
/’
Total
Y-f»RK,i
til
49
5s
5:>
60
61
A $1,500,000 00
Surplus fund
600,000 00
Undivided profits
264.903 19
Nati mal bank notes outstanding......
180,000.00
.Dividends unpaid
16,565 00
Individual deposits subject to check... 2,492,285 09
Demand certificates of deposit
98,802 99
Certified checks..
1,343,66*5 84
Cashier’s checks outstanding
300,000 09
Due to-other national banks
99 5,375 74
514.419 23
Due to State banks and bankers
CITY OF NEW YORK, it NVw V**r», in rhe^ta’e of
New York, at t be cb* e of business October 2, 1883:
iVUAKINK
r
LIABILITIES.
Cai>ital stock paid in
RESOURCES.
Report
ofthe
condition
of the
EXCHANGE
AMERICAN
NATIONAL
LIABILITIES.
Capital stock paid in
Surplus fund..1
Undivided profits
9,000 00
$8,307,018 08
Total
Sworn to and subscribed before me this 9th day
of October, 1 *<83.
Robert G. ltOBKltrs,
New York, at New York, in the state of New York,
at the close of business October 2d,1883:
Total
130,221 00
of
aertiticates
W.V1. J.
Report
of tiieNATIONAL
conditionHANK
of tiie
CONTINENTAL
of
137 49
374,251 50
Legal tender notes
Redemption fund with U. S. Treas¬
urer (5 per cent of circulation)
—$14,573,639 86
ject to check
Demand
Total
State of New York, County of New
Specie...
$300,000 00
3.000,000 00
855.452*
w” ,RO- 83
Undivided profits
.'
00
$21,922,641 06
State bank circulation outstanding
Dividends unpaid
Individual deposits sub¬
11.207 13
109,6 )2 70
1,650.497 36
3J,332 00
00
LIABILITIES.
Capita! stock paid in
Surplus fund
600.000 00
'
nickels & pennies
367,118 00
•
106,000 00
483,479 94
80,680 30
Exchanges for Clearing House
81,813 64—5.698,572 14
Legal tender notes
LIABILITIES.
Capital stock paid in
Surplus fund
Undivided profits
94
Bills of other banks
Fract’l paper cur’ey,
55
51
ceUitic’s 3.090,000 00
Clear’g House ctfs. 1,055,0 0 00
Cold
200,000 00
22
00
Gold treasury
Silver coin
$4,346,050 57
175.498 09
Over Rafts.,
U. S. bonds to secure circulation
Other stocks, bonds and mortgages
One from other national banks
Due from State banks and bankers
Real estate
Current expenses and tax is paid
Checks ami other cash items
$1,471,758 5,0
Specie, viz—Go«d coin
112,195 00
17
85
00
Of)
09
59
RESOURCES.
Loans and discounts
,
Notary Public, N. Y. Co.
r.N.Ji'llIMN,
PARKER H
M)Y;
WM. A. BOOTH,
pajd in
Directors.
$3,200,000 00
,
OiO.nOO 00
7gt* 03-5 93
Umlivide * profits
•
Natt'Uia! hank leu. a outstanding
Dividends irn ,<ai !.... ...
imfi vuiiial dep-»sit-> subject t * • check..
i eniiu
C'ltili 'ales uf li’eposit
Depusits toi a«*ce t anons
:
Ccshier's cheeks out s’ and og
Due t o ut lier mit ion • 1 bairns
Due to Stute banks and bankers
t.On.OOO 00
17, *51 557
......
14.21(1.27*5 i'8
*5.115-1 23
3,23 *..> * 7 32
40.733 28
10.12 \5 12 84
713 OuO 29
.*3:13*6,833
T ,tiil
7
.._
15)
Stilt «*«»f New York. Count y of New Yurk, *.* ;
l. Ui:*RY BurKlDUT.C *-lii r of t iie ai»uvp-n imed
b ink. d» solemnly swear that tiie ah -v** statement
is tru1', to the best of tijv knowledge ami belief.
HENRY BUFKI1 *UT. < ’niiier.
Subscribed and sworn to before me, t his 5th day
of O;to u*r, 1 ,*•*;*.
is *<
Fannin*;.
Correct—Attest :
No ary Pimlic.
A. KENT,
•
Roll T \V. -TIT \ RT,
V. L). BALDWIN,
E.
,
)
C-,; pit a I slock
sur'e ns fund
/
>
Directors.
)
t
y
@FedFRASER