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financial;
umtk
HUNT'S MEUCHANTS' MAGAZINE,
EPRESEJf riNQ
THE INDUSTRIAL AND COMMERCIAL INTBREST3 OP THE UNITED
SATURDAY, OCTOBER
VOL. 47
NO.
13, 1888.
WeeX EnMnt Vctobtri.
1886.
Terms of Subscription— Pajable in Adrance
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For
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iCottfm
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bbU.) 117.93S.000)
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U
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wTFTTiM B.
R DANA.
niHi ( IVII.IilA'n: R.
WILLIAM
102 WlUlam Street, NE&T
JOHD O. FLOVD. >i
Post Office Box 958.
YORK.
CLEARING HOUSE RETURNS.
gain reaches 1259,100,767. This very satisfactory result is
due to a number of causes. In the first place transactions on
the Stock Exchanges in New York and Boston were in excess
of those for the previous week, the dealings at the last-named
city being considerably stimulated by the fall in the price of
Atchison stock. The very active speculation in wheat here
and at Chicago has had an appreciable influence on clearings
at the.latter point, while at New York the week's operations
on the Produce Exchange were enormous. Altogether the
current statement is a very favorable one, the total having
been exceetied but once in 1887, twice in 1886 and not at all in
either 1885, 1884 or 1883. Mercantile failures for the week,
as reported to Messrs. R. G. Dtin & Co., reached a total of 211
(of which 184 were in the United States and 27 in Canada)
against 220 last week, 228 the week previous and 313 for the
same period
last year.
Instituting comparison with the similar week of 1887 we
find that there is an increase in the total for all the cities of
18-7 per cent, the gain at New York reaching 20 per cent, and
outside of this city being 16-3 per cent. Losses from a year
of last year. As is our custom, we
deduct two-and-a-half times these values from the New York
totals to arrive at the exchanges due to other business, the
result reached being $.529,813,651 and $426,636,492, respect"vely, in
the two years, or a gain of 24'3 per cent,
633.816,704
+10-4
(l,aM,437)
(+86:8)
(881.800)
(7«,«S6,430)
(16,018,000)
-TO
+w-«
88,905,654
5.130.300
-f81-4
-fll-8
8i.I«l,4S5
5,7:ie,S0O
8.197.494
1,M2,990
-hI31
1,646,684
1.430,6.14
1,)!00,000
1.8k3,9H0
1,186,857
1,185.746
-HIH
l,156/^0
•fI8-8
4,S964(W
634,671
+8 4
131,729,M4
10I,58!f,8l8
•fl9»
84,895,58;
70,020,838
11,919.350
15,549,V3«
06.1 16.746
10.1.97,848
-f7-5
68.383,188
-fl80
10,U8J»7
97,488,836
89,475,027
et,iio«,5n
11,460,500
4.845,848
4.447,958
Cleveland
85,438,857
11,690.750
5,869,685
B.664.03S
1.088.'9t
8,666,373
Columbus
2,363.!210
Peoria..
1,670,887
8.500.387
5.836.850
S.167,36»
4,293,48
Total
New
England.
Total Middle..
Chicago
,
Cincinnati
Milwaukee....
Detroit
Indianapolis...
Omaha
Minneapolis...
Denver
Paul
Qrand Haplds.
Wichita
Uuluth
8t.
Total Western.
8t.
Lonis
St.
Joseph....
+»»
+1«»
4*o
13.518,488
-f9-0
88,015,968
+8-2
fsa-4
85.f54,]44
8,515,060
4,081,407
4,306,115
+18-9
-8-4
-l-l-I
-(•811
-f85-l
—5S
2.04.S.281
3,493,107
2,530,205
1,358.8»1
+834
8.948.>:86
-tlS-7
-f8'l
-6-9
-2-6
1,686,4:16
8,187,589
8,192,885
1.688.83B
8,403,561
4.348,288
8,480,118
3,475,816
548,707
664,796
2,580.728
315,219
-U»
+11-4
-110
+T*
+3-0
+S8-|»
+82-8
+r»
576.701
6,998,976
8.498.44U
4.446.1S4
640,008
736,484
S.liil.fSa
8,4<'8.0i6
361,807
289.9U8
-3-4
+1-0
-81-7
-8-0
f24-8
139,629.917
118,51 5.l>04
"+240
109,781,733
19,062.548
1.446.261
17,087.930
1,484.8)1
8.767.8M6
5.787.559
7,001,908
8.494.000
11-9
+-2-6
17,088,080
l,a<> 1.800
+18«
6,56«384
-14-9
-8-0
7,6(».7.'i3
6.688,941
8.527.587
2.011.826
-I-26-7
— 12-8
+158
+84-6
-1-0
+«-«
—SS-0
+2Sn)
+8r»
+18-1>
+l»-(^
+81-8
—19-8
4.807,199
7,349,618
1,358,801
-t-a-7
1,9P2.I.S7
+-84-8
663,880
-«e-i
+8-8
+19*
-1*8
8,0.>S.419
2,1187.977
1,081.929
1,811.003
-156
48.S08.248
45.602,088
+B-9
40,101,245
20,398,898
18,388,980
+10-9
17,946,850
+9-4
1,839,168,188 1,043,919,603
+187
880.067.481
+10t
S87.7IX.lll
+-I63
S41.7B0.717
+-10«
Norfolk
Total BoDtbem...,
Bon Francisco
Total all
Ontslde New York..
+90
14,860,U39
648,<«>8
Topeka
—v»
1.><IW,615
68H,ii2U
427.«49.637)
Our usual
telegraphic returns of exchanges for the five days
have been received and are given below. The total for the
seven cities exhibits a decrease from the corresponding five
days of last week of one hundred and two millions of dollars,
but in comparison with the similar period of last year there ia
an increase of
On
3 "4 per cent.
the basis of these telegraphic
week ended October 18
would seem to point to a gain, compared with 1887, of about
3-5 percent.
Messrs. R. G. Dun & Co. report the number
of failures for the week ended Friday night as 227 (193 in
the United States and 34 in Canada), against 211 last week
and 203 for the week of last year.
returns, the estimate for the full
Bttwrm
WMk
t>v
Bndint October
1888.
Total.Bdays
lUmated 1 dor
Total fall weak.....
BalsBos Ooanurr*
ToUl week, alt
*
Wt4k Knift Ocue.
13.
TtUjratK.
ago are recorded at ten cities, the most important declines New York..
Sal« 0/ StMk (tkara)....
being at Wichita and Memphis. In percentage of excess Boston
Chicago leads this week with 39'4 per cent, and is followed as Philadelphia
named by Denver, Detroit, Topeka and Peoria.
(^0hgo
Share transactions on the New York Stock Exchange for St.LooU...the week cover a market value of $112,683,000, against New Orleans
week
+80-0
(1,744,841) [-(-18-B)
(548,600)
-S8-7J
(30,846,000) (-f358-6)
(17,2«e,U00)
(+3-7)
l,i6a,2*2
i,8ve,ei8
The aggregate of exchanges for the week ending October 6 New Orleans.
Louisville....
Jargely exceeds the total for any other week in the curren* Kansas City.,
Meiuphis......
year, and compared with the week immediately preceding the Galveston.....
199,826,000 for the
P.Omt.
886,688
1,018,>99
1,146,787
675,685
Baltimore
I<ondon Aeents
DANA &
107.893,797
Philadelphia.
HittsburK
Advertisements ordt red for less than one month, In the Commerciai.
A FiNANCi.vi. Chronicle, are published at 25 cents per line each insertion. When orders are delinitoly jriven for one month or longer, a liberal discount is allowed, and the nelprieei may be ol)talned on application at the otHce. The lowest rates on permanent cards dettnitely ordered for one year are 8 cents per line each insertion, making $.58 for
one inch space one year. Space is measured In agate type -14 lines to
the inch.
Messrs
End't Sefil.at,
78.
Boston
Blx Mos.
do
do
,
do
£1 8s,
Providence..
These prices Include the Investors' Sdppleiubnt, of 120 page" Hartford....
Issued once In two months, and furnished without extra charge to New Uaven..
Portland..,.
Bubsoriiiers of the Chronicle.
BulisiTiptlonH will be continued until definitely ordered stopped. The Worcester...
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Lowell
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A Illii cover Is furnished at 50 cents; postage on the same
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IFmJIi
P.Omt.
676.831,482
811,618,651
IStockM
11 28
6 64
M2
1887.
1,216.
Sain of—
910 20
6 10
do.
STATEfiV
1887.
P. art*.
t
+8
687.«M7,850
001,064,778
689.483.831
(1,085,818)
(8,000,163)
86,530,M54
53,918,707
79,781,617
68,134,281
+8-5
+3-4
18,196,310
63,998,000
17,846,3«3
7,816.086
10.453.816
53.733,000
15.751.153
+-16-7
648.765,098
160,287,140
810,006.444
169,308.108
.
S,8«8,74«
1,003,058.847 ~87»J<n,550
107,160,065
110.468.694
iTl 37680.041
I.0««.4«7.fll5
IMctlieluU week, based on last week's retam*
(-45-7)
+ 19
1888.
1
P.CtfU.
+S6-*
(l,758,.'U3)
8-J,816,498
+80-I
e9J)«8,0«6
13.151,038
71,446,000
+148
+SIW
+»*
+T0
-16-8
5.738.308
+40
»44,8T8,SaB
171,700,000
+M-0
+1-0
+8-4 i,ttsAn,saa
+3-1
182,f07,8B8
+»«
l.8»l.1AI.7a5l
o-I.S-T
THE CHRONICLE.
422
we
therefore,
THE FINANCIAL SITUATION.
of
the
free
I
cannct
but
movement
anticipate
Vol. XL\II.
continuance
a
currency
of
out
the
of
bond purchases banks for the prefent, though of course the phewhich nomenal outflow of last week is not likely to be repeated.
indicate that the Secretary has reached a pr:ce at
as Money on call, as represented by bankers' balances, has
fact
the supply is abundant. That is an important
can
there
that
loaned this week at 4 and 2 per cent, averaging about 2^ per
"We may assume at least
affecting money.
be no striagency which the Secretary cannot relieve, unless cent, at which renewals have been made. Banks and
tbe Government's freedom of action has been limited by trust companies have loaned nothing below 3 per cent;
notes. some of the largest of these are doing much better.
As
its decision, referred to below, about national bank
get
to
ability
the
as
to
expressed
heretofore
reported,
demand
been
the
for
time
light
loans
is
and
has
doubt
Hitherto
bonds at any price. That doubt, so far as pretent needs go the offerings of money are liberal, the quotations being
can exist no longer. This week the total ofEerings (of which unchanged at 4^ to 5 per cent for four, five and six
The developments
of
the
week
as to
summaiy will be found in our Bankers' Gazatte) months, but the security must be reflly prime to secure
have reached about 42 million dollars, though the Secre. the lower rate, good mixed satisfying the higher rate.
Commercial paper is in fair demand from every quarter.
tary'a takings were not quite 20 millions. Anotner develop
ment has been an apparent change of policy in making Some of the city banks want 6 per cent, and those who
purchases, that is, confining acceptances to the A^i since refuse to take less have to confine their purchases to lower
Tuesday. How far this action is to be taken as indicating class or good single names. Out of- town buyers generMr. Fairchild's future plans we do not know yet the ally accept a less rate and ard said to begetting the better
natural assumption is, that the rejection of all 4s, though grades of double named and j jbbers' paper.
Current
a
.
;
offered at the price be had been paying, was not a
mere
impulse, but showed either a settled purpose to continue to
do 80, or eke that the 4s offered and declined were bonds held
We
see that Mr. Fairchild has
for bank note circulation.
given notice that the 3 milli on !imit for monthly deposits
of lawful money to withdraw national bank notes has
been already reached for October, and that, therefore, i>o
more of the bonds can be taken until November. We
are a little surprised that the provision of the law covering that subject should be interpreted as applying to bond
purchases.
Strictly Bp9aking it
may
of course be so inter
But without doubt, the intention of Congress in
passing the restriction was not to cover bond redemptions
by the Government, but to check a panicky desire on the
part of the banks to get rid of their circulation hence a pro.
viBO was attached to the section to the effect that the limitation should " not apply to bonds called for redemption,';
" nor to withdrawal of circulation in consequence thereof.''
These purcbafes are not, strictly speaking, bonds called
preted.
;
quotations for prime are
day endorsed
4|@5
per cent for sixty to ninety
5@5^ for four months
good single nam?s having from
bills receivable,
acceptances, and 6@6,J^ for
four to s-ix months to run.
The decided influx of gold into the Bank of England
from outside sources this week wiihout the export of a
pound sterling has had the effect of increasing confidence
in the hope that the present official minimum may after all
do the work intended. The Bank gained this week
£329,000, but a special cable to us states that this was
made up by an import from
foreign
several
sources
of
and by shipments to the interior of Great
Btitain of £435,000.
Of course anything sent to the interior is only a temporary loss. As a consequence fie discount
market in London has been easier, sixty day to three months'
bank bills being quoted yesterday at 3i@3f per centThe open market rate at Paris is 3|- per cent; at Berlin it
The Bank
is 3 per cent and at Frankfort 3^ per cent.
of France shows a decrease of £599,000 gold, and since
£764,000,
for redemption, but that is the effect of the operation, the last report the Bank of Germany has lost about
and they become such after the offer has been made to sell £582,000.
them furthermore, they are obviously just the kind of
Our foreign exchange market has been dull and heavy
trancaction Congress intended to except.
The decision this week, and yesterday sight exchange was reduced oneis only of importance to the banks now, and of no half cent, making the rates now 4 84
J for long and 4 88-Jimportance to the public, but it might become a serious for short. This change is due to a light demand and a
hindrance to the Government in relieving the money better supply of bills. The arbitrage houses have been
market in an emergency
and so long as we have moderate buynrs of stocks, and drafts against these were
got to endure the burden of a surplus, that is a at once offt-rtd. Bat besides that, cotton has begun to
;
;
not to be lost s'ght
consideration
move mucti m-re freely and breadstuffs to a limited extent,
making more commercial bills. Toe tendency is evidenily
here a "withdrawal of national bank notes" is a form, and down ward, and the let-ling that the present high ra'es cannot
does not result in any immediate withdrawal of bank nous re maintaiiiOd, deters purchases. The declmnin the qiotaor any continued deposit of legal tenders. Ye', as we tions for discounts at London has also had eome iuflaence
well understood by
all
stated last week, the purchase and
only relieves the
It is
of.
money market
payment
course
of
our readers that what
is
called
of such bonds
to the extent of the
pur
upon the
bars
to
tone.
Taere was an export of $500,000 gold
London on Tuesday, but this was a special
chase price above the 90 per cent on the par of
the bond order.
At the then ruling rates for sterling, tbis shipwhich circulation is issued.
ment must have involved a loss, but the consinBee may
There has been a smaller movement of money to the West have decided to order gold out from New York rather
this week; the South has taken just as much, or more than than risk a detang-meut of the London market by drawever.
As a whole, the amount going out. is still unusaaily ing It from the B<ink of England.
large, and we see nothing as yet to support the opinion
The vo ume of business coniinues large and the condientertained among many, that we are very near the end tion of trade sati.- factory,
Yellow fever and the del»y in
for
of this outflow.
The crops
are largp; the cotton crop has
the
movement
only just begun to move, the
activity in
weeks behind
efitct
last year,
movement being fully three
while corn, which is pro^aHy a full
half thousand million bushels larger than in 1887,allrema'iiB
to be marketed.
Besides
railroads say that the
capacity),
thip,
business
trafBc offering
and speculation
is
active
is
is
very active (the
in excess of ttieir
also.
Aliogettier,
of
operate to restrict industrial
cotton
the South, and this in turn
on certain lines of
goods, for inbtince, where trade
before.
But aside from
this
large,
and confidence
in
is
having some
—dry
not quite ao brisk as
there
influences, all accounts agreeing
and
is
business in other sections
that
are
few retarding
busiuess
is
active
the future very strong.
October
THE
13, 188"J.l
(
HRONICLB.
423
NoitU company then alio held $3,365,000 of its own boadg
enough
unsold, which no longer appear in the balance sheet. The
and West report
difRculty,
offering,
and
this
it
exhibit would te a better one than it it, if cost of road
freight
of
the
take
care
to
will be furthtr increased when the new and quipment had not increased nearly two million dolIS expected,
Evidence of the same situa- lars in the six months, while over $800,000 hat alto been
corn crop begins to move.
In the current six
tion is afforded in the generally good comparison of gross added to the stocks and bonds held.
earnings wiih the large totals of last year. For the month months there should of course be a decided improvement
of September our table on another page shovrs a small Tne October dividend (2^ on the preferred, nothing on
For the first the common) calls for only a little over $500,000, which
decrease, for special reasons there set out.
increase
we
have
a
small
week of October, however,
4^ per with say 3^ millions for interest, makes $4,000,000 alto,
by gather. At against this, net earnings in these six months
tome
heavy
losses
notwithstanding
cent on 46 roals
Southern roads and a few in other sections, and notwith- last year were about 6]^ million dollars.
The stock market this week has been dui and irregular.
standing also that la^t year there had been an increase in
that Week of nearly 12 per cent and the year before an The engagement of half a million gold for export and ft
Tne improved exhioits of sharp bieak in Atchison stock in Boston, with reports
increase of over 9 per cent.
bank clearings in recent weel^, also reflect the prevailing tbftt this might cause embarrassment there, had a weak
tendency, though in that case speculaiion has played a enirg effect, but with a recovery in Atchison and reports
that no more gold was likely to go out, a steadier tone
part in enlargicg the totals.
There has been considerable discussion lately as to the prevailed. The news has generally been favorable. Rttea
amount and character of the Milwaukee & S'.. Paul roid'a were restored in the Northwest, October 10, according to
previous announcement, and the passenger rate war
floating or current liabilities, more or less conQicting and
contradictory reports with regard to the same being cur- between the roads running east from St. Louis haa
To set at rest all rumors and inquiries about also been settled up. Elsewhere aho the disposition is
rent.
to secure better rates.
matter, we have obtained an official transcript
The Agricultural Bureau report
'.he
en the condition of the crops was very favorable
of the company's ledger on June 30, 1888, the close
better
than expec'ei in the
of the half year. To a correct understanding of these as regards corn, and
wheat.
Tde Secre'ary made very liberal
results and the changes they show to have taken place in case of
Railroad
man&geis nearly everywhere
the
ia
Ihat they cannot supply
cars
(
—
—
the interval since Dec.
bear
mind
in
that
1887,
31,
the
is
it
sis
first
necessary
months
to
and hence that the casd accounts
:he lean half of the year,
a
much
lower ebb than at the end of the second six montts.
This
at
the end of
period
this
necessarily at
are
year the situation in this respect
is
marked
especially
pretty well maintained for the better
however, net earnings having been so largely reduced.
The company had full dividends at the old rate (2^ on
There
common and 3J on
dealers,
but
preferred) to meet in April, calling
If million dollar?, and
roughly for
addition had to
in
take care cf a half year's interest, requiring say
somewhat
than 3^ million dollars, making nearly 5^ million
As against this, net earnings for the six
dollars together.
less
business.
its
have obtained
mary
will
JutuSO.'SS.
$41,610,900
3».«8i.381
Common
Bonds
Voachers and
n8.988,00«
pay-rolls
8,784,8*1)
Dae other o
>nipitnie8, Ac,
Dividends unclaimed
Coapnns not preKentod
Interest accrued not jet
payable
Income balance.
889,H7^
88.386
36,37&
companies
and supplies
Cashonband
Due from Hgents,
chiefly ite interest falling
$910,000
1,334,000
Loss. $4,938,000
Loss. 1,834,000
$7,100,000
Loss. 18,190,000
Taking the foregoing in connection with the S ib-Treasury operations and gold exports, the result is as follows.
Week ending
OutofBankt. Set Okante in
InCoBanilts.
Oct. 12. 1888.
comptinies, Jko
a.
Banks Interior Movement, as above
Sub-Treas. oper. and gold exports..
$910,000
£0,800.000
13.ffl0,000
Gain. 8.000.UOO
Total gold and legal tenders
$^1,710,000
$19,900,000
loalo. $1,310,000
8,784,419
The following
GorerDment
BUI* receinble
European banks
ponding date
last year.
aggregate of current
553.387
848,327
81,200
and $3,451,602 of "
1.
$6,7)
in-
represcnls
Taking these
9,t'>84.
•
Oct. 13. 1887.
Oct. 11. 1888.
SUvtr.
20.3-'8,310
<nraM»~
Onrmaa]*....
Au»t..Uun«'y
41,11P9.0«1 48,799.491
1
Total.
Sold.
aUver.
£
»
a
DO, (98.53)
4S,I»1,000
ai.3J8,0Jii
Netherlands..
».;08.a<iu
144S7.i)<X)
4.010.1*1
Nai.it«lgliu>.*
8Ai7.0O>
n.vn.<»"
1.3,<3.UUi)
3.880.001)
8.5Ji.di)0
t,>87.dU0
8.1(;-3.i)<>0
6,9a».0'»i
rot.thUwMk
1
Tot
lr.!.-<
on hand, were $ 1, 095,332 of actual cash and
and accounts receivable. Ai the date of the
report (December 31, 1887), with current liabilities
rdlls
was $2, 7 1 6,3 19, and the
20.004.541
48..«t.58; 47,610 303
».',o3o,a.).) 11,7)0.400
B,«a4>)'. lS.4i4.i)iW
we get an
Toe cash
of maiKfials
20.38'',840
8s.8J4.000 14.417.000
NalloaalltMy
against thir, if we omit the $3,7aO, lOSof bonds
and stocks of other companies owned and the $2,761,415
a
Bnfftsod.. ....
in
offsets
the cash on hand
amount of bullion in
week and at the corres*
Bankeo/
£
liabilities of
this
7otaL
1187.889,-63
Total
due July
Ixiss. $6,190,000
table indicates the
the principal
Held.
rolls,
...
$7,100,000
1,096,332
conueciion with the other but smaller items,
less,
$5.8n6,000
Bank Boldtnf.
other
terest acciued, not yet payable," whichi latter
$300,000
Net Inttrior
Movement,
SM|>tMdt>v
r. Banla.
iV.
1910,000
1187,689,788
649 due on vouchers and pay
last
Beeeived by
T. Banla.
Oct. 12, 1888.
Total gold and legal tenders
3,780,106
.Materials
chief items of current liabilities are the $2,764,
$822,894 of
of propwrties,
very little trading, except by the professional
and the outside public holds aloof.
The following statement, made up from returns collected
by us, shows the week's receipts and shipments of currency
and gold by the New York banks.
Gold
June 30,'88
Auet*.
(179,227,010
Road and eq nipmant
other
Bonds and stocks of
V.
8,451,802
899318
Total
The two
class
appear from the following brief sum-
stock-Preferred
London
is
Currency.
Under sach a state
to see the company
of the balance shee*'.
LiabUltits.
in
low priced stocks show a drooping tendency
If.
everybody naturally looks
low in cash and cash items, and it ia chiefly for that reason that a special desire exists to know the company's
The substance of the figures which we
actual position.
of things,
the
Week vndiHQ
months were only $1,875,926, so that the company had to
pay out over three million dollars more than it received
in the ordinary course of
money
purchases of bonds, and with easier
Europe has again taken to buying our stocks. Oregon
Improvement has resumed dividends on its common
stock, and St. Louis & San Francisco declared the usual
2^ per cent semi annual on its preferred stock. Prices are
constitute
prait.w'k
I3,o;9,.<)3l
8,61)9
14,531.*"
)t,ll«.'»v>
t
S0,0O4,5tl
939U.88S
aHTSIJMO
21
Orfll.JOO
18H3.000
l,tia,m>'
8,101,000
N9.«in,*91 M1.70l.ti3 108.41) <.7il s7ttJ.7Ui)
I9T»N,4»
8U8<7.4I<> ^J.llS.Slu l09.0«.;!t,S
l9l,k»,'H0
The dlTlaion (betsrouu itohl and sUver) Klvea lu our tabla of coin and
biiUlon in the Bunk ot Uenmsay and the Bank of BeUlam la nude from
the beat estlmista we are able to olttaln; In neither oaea M It elalined to be
aouonte, am those oaulu uuka no dUttaoilon In tiiuir wtt,'Kljr report*.
merely reporting the total Kold and sllrer, bat we bellere the dlrl.iloa
we nialie la oluae approximatton.
Nora.— We receive the above roaolta weekly by oable. end while
not aU of the date Klvea at the head ot the coluinn, %tfy are the
return* tMOed neareat to that date—that la, the lateat reported Ucarea.
'
THE CHRONICLE.
424
WHEAT SUPPLY AND THE WHEAT COBNER.
[Vol. XLVII.
Consumption to July
Needed for seed
1889
1,
386,110,000
35,000,000
The Agricultural Dapartment has this week issued its Export, say
usual estimate of the wheat crop for 1888. As we art now
in the throes of a violent
estimated at 271,704,000
bushels winter and 139,297,000 bushels spring wheat, or
a total say of 411,000,000 bushels for 1838, as against
456,329,000 bushels the total crop for 1887. Tae details,
This year's crop,
seems,
it
is
worked out by us on the Agricultural Djpartmant's
acreage, ( he report no w published only gives the yield
431,110,000
Left over for stock
speculatioa in that cereal, based
on the general belief that there is to be this year too little
wheat to go around, it is wtll enough to test that view
by using the fac'.s now made public.
100,000,000
To
46,507,137
year's consumption
la;t
we have added
about the rate of population increase, and t?
we hive added
figures for seed
we
2 per cent,
last year's
1,000,000 bushels
get 100,000,000 for export with 46,500,000
for stock.
If
foregoing
it
;
left
still
over
our binks cannot find any error in the
margins on wheit had better
strikes us that
be broad.
as
p?r acre in each State) are as follows.
Winter Wluat.
Pro-
Indicated
Product,
"1888.
duction,
Sprin] Wheat.
1887.
Busluls.
rork
Bush€l8,
0,403,000
10,187,000
Maine
Pennsylvania..
19.275,000
13,785,000
Tennessee
11.0a4,OOC
»,595,000
Wisconsin
Minnesota
Kentucky
11.6W,0tJ(>
11,118,000
Ohio
Michigan
Indiana
2H,394,00<
85.895.000
21.672.000
Nebraska
21,S65,00(
»,814,00(
37.828.000
Illinois
23,85 1, OK
.36,861,000
Dakota
Idaho
Missouri
19,4'.:l,0OO
»7,74;,000
Kansas
11,006,000
California
3.S,3:5,000
Oregon
14,846,000
7,«07,000
80,429,000!
ie,ico,ooo|
Kew
Total
All others
Cjlorado
New Mexico
Washington
duction,
1888.
18S7.
JSlMTlflS.
Bushels,
34,10!,OJO, All others
570,000
13,468,000
26,407,000
25.431.000
481.000
18.0B3.000
3«.;oa.ooo
17.628.1)00
16.585.000
26.837.000
2,356.000
2,514,000
36,750,000
52.400.000
1,175,000
2,001,000
1.120.000
3,233.000
1.221.0U0
1.945.00(
1.971.000
8.577.000
8.943.000
Total U. S
71,704,00(
"We have read with
of the
1.760.000
137.511.000 162,002.' <I0
1 60.000
1.758,000
258,766,000
Total U. 8
Pro-
Indicated
Product,
THE POLICY OF THE INTER-STATE COMMERCE COMMISSION.
163,482,000
that assumption
point),
the
we
first
is
of
it
endanger the business interests of the c )mmuaity, and
which may, if pursued, seriously impiir the authority of
the Comm'siion
to act
a.",
1,
1837
,
wheat in 1887
..
clearly tha principle of
making
more and more
cost of sarvxa the standard
of railroad ratea.
This
the
is
more disappointing because
utterances promised
At
a sound policy
their
earlier
both of
in
these
they did not merely investigate the
fi:st
complaints brought before them in their narrower aspects,
but acted with a view to the broader interest of
concerned,
—consumers
all
parties
as well as prod ucars, investors as
well as shippers.
In their annual report to Congress they
wieely said: "
act to regulate
to injure
any
The
commerce was not passed
and protect. It
interes's but to conserve
had for its object to regulate a vast busiuess according to
In following out the
the requrements of justice."
Bushels.
principle here stated, they were obliged to take cognizance
34,413,137
456,329,000 of the interest of that large class of the public which had
390,500,000
.
left
over July
A word or two will
its
who used
1,
1888
56,617,137
be necassary to explain the above.
The estimated consumption and the amount needed for
seed we make up from the Agricultural Dapartment'd
In March, 1888, the Agricultural Department
in the railroads, as well as the interest
the roads.
decisions
first
It
was because thty did so
commanded sach
universal
body standing in the
It was
which the Commission then occupied could protect
bhippers and investors alike against the shortsighted
policy of railroad agents on the one haad or of reckless
It was this public confidence
legislators on the other.
respect.
34,000,000
money
invested
of those
that their
119,63"),0O0
434,133,000
figures.
they are ceasing
first place,
in the Eecjnd place, they are adop'.iog
490,743,127
for seed
Total
In the
itself.
a protection to conservative railroad management;^
reach the following as the left-over supply on
Totalsupply
Estimated consumption
Actual export
Used
gives a solid starting
of July, 1888.
Visible supply July
Crop
not correct, but
Thuy are
adopting a line of policy which seems to us likely to
respects.
From the above it is easy to figure up ttie amount
which will be left this year for stocks and export. Starling
with the crop for 1887, and on the assumption that there
was no wheat in the country Jaly 1, 1887, except what
was included in the ordinary visible supply table (of course
ice: easing regret the recent decisions
Commerce Commission.
Inter-State
felt that
a wise
position
rather thin
any
specific
Commerce Act which gave
provision
of
the
the Commission
Inter
its
Sate
authority.
But what do they say to-day? In their recent decision in
sumption of corn and wheat." On page 73 of that report the matter of the Chicago St. Paul & Kansas City they
"The Act has doubtis given its estimate of consumption for the first eight express themselves in this manner:
months of the year, that is from July 1, 1887, to February less conferred upon the Commission a greater power to
29, 1888; the figure it reaches for that period is 187,- protect localities against the carriers than ifr has to protect
issued a special report on the "Distribution and cjn
000,000 bushels, which covering two-thirds of the year the cirriers against themselves or each other." When we
would make the twelve months consumption 280,500,000 take this utterance in connection with the circumstances
bushels as stated in the foregoing.
For seed we adopt which led to it, we see an abandonment on the part of the
the total given in that repart. TUe exports are of course Commission of the attempt to protect investors as such, a
the Government figures issued by the Bareau of Statistics withdrawal from the broad position which we believe
a short time since.
These data bring us to the conclusion strong and sound, and the adoption of a narrow one which
that even granting there was not a bushel of wheat in the is dangerous both to business and to the Commission
country when the
last year began except what was visible
even on that assumption there must have bean left over to
swell this crop 56,617,127 bushels.
Taking that then as
our basis for this year we come to the result given below.
Bushels.
Stock of
crop left over July
Crop estimate now made
last
1,
1883
56,617,127
411,000,000
itself.
For it is to be observed in the first p^ace that the law
was not intended to give the Commission the kind of
Eighteen months
power which they have now assumed.
a law-making
have
that
we
should
expected
no
one
ago
body such as the Commission has proved itself. It was
expected to be an administrative body entrusted with
the execution, and at times the suspension, of the law
;
lotslsupply
„„
467,617,187
October
13,
188
rather than with
dec:sions
is
interpretation.
its
law
THE CHHONICLE.
.]
The authority
much based on
not so
is
Congress as upon the inherent soundness of those
Tha
ions themselves.
sions in the
of
its
the acts of
deci::-
success of regulation by commis-
Uuited States
is
due
to the fact thali they
cm
426
the chance to do business, would
cauM
a scare ty in tb«
city (because the land at intermediate points
woald be to m
great extent insuGBcixnt to meet the demandi of tbo
bnsineea), all for the benefit of the fanci'd right of a few
producers at intermediate points to a somewhat aibitrarj
We have mentioned this case b^caoso
and when they shrink from the exercise of that power by it is one where it is alike for the interests of New York
a narrow interpretation of the law they lose the iufluence City, of the farmers as a whole, and of tho railroads, to
which they once enjoyed. Such is the general experience have a good volume of traflic sacured.
Rates m'ida with
of S'.A'.e commissions.
this object in view meet the interest not merely of railBut this is not all. Experience has also shown that the roads but of a great majority of the producers and cononly way to prottct the shippers is by regarding at the sumers, while rates which are based on a computation of
same time the rights of iavestors. It is popularly as- cost of service, if they sacrifice that voluu.e of businesc,
sumed in any case which comes up for di9CU3sion thot would do harm to a great majority of the paities conthe complainant demanding low rates represents the cerned and good only to a few.
public and that the railroad wishing to maintain rales
To base rates on what the traffic will boar gives the rail<
represents a class interest.
This is often far from bt'ing roads a dangerous power and one which is often wrongly
the case.
It may readily happen that the complainant's applied, but it is the principle which enables them to serve
interest is that of a small class while the railroad the community most efficiently. When the courts attempt,
protect
all
interest
is
interests instead of representing only a tow,
that
of
things being equal,
the
it is
community
as a whole.
It
Other as they so frequently did, to set up a wrong principle ia
its place and regulate everything by fancied differences ia
cost of service, they deprive themselves of the chance o£
community
enables them to
for the interest of the
that railroads should be profitable.
giva more eflScient service, to do a larger volume of
and thereby
and exchange
If the complainant in any case
in all their branches.
demands the adoption of a schedule of rates which shall
interfere wiih railroad profits without removing a real
hardsh'p from himself, he is demanding, in an indirect
way, a sacrifice of the general interests of the community
It is because a commission
to his own fancied advantage.
has the impartiality and the technical knowledge to balance pub'ic and private advantages in the matter of railroad regulation that it is entrusted with this great work.
If it docs not show both the impartiality and the knowledge combined, the work can be better done by the courts.
This has be-in the experience of England, where the Railway Commission of 1873 has been, on the whole, a disappointment, if not a failure. We had hoped that we
should be spared this disappointment in America. The
grounds for such hope are not so strong to-day as they
were some months ago.
business,
The second
to facilitate production
error alluded
to,
namely, the attempt to
no less serious than the
first; in fact, its results are in some respects more dis
The standard is one which
tinctly and immediately bad.
no complicated and well organized railroad system has
been able to apply. The efforts of legislatures or courts
and even of State-owned railroads to put it in force have
only shown its impracticability. Many roads began by
trying to base rates on cost of service, but all have been
obliged, in order to serve the public well, to charge what
the trafiie will bear or, what amounts to the same thing,
to make rates which will secure a large volume of
base rates on cost of service,
is
;
business.
York
An
article bears
market, say
1
point of shipment
cents
is,
let
;
a certain price in the
its
schedule of rates.
New
cost of production at the
us say, 5 cents
;
]the difference
between the two marks an absolute limit of charge which
If the attempt to apply an
the railroads cannot exceed.
«qual mileage basis carries them beyond that limit they can
get none of the business. The case of milk rates recently
decided by the Inter-State Commerce Commission was an
The decision, as it happened, was correct
instance in point.
enocgh in its bearing on the case in hand, but the reasons
given were wrong.
The opinion assumed throughout that if the railroad were free from the effects of competition it would arrange rates on an equal mileage basis.
If any railroad should undertake to do this, it would
seriously restrict the area from which a city could derive
its milk supply, would cut off the distant producem from
true principle is equitably and wisely
was an encouraging feature in the early
history of the Inter- S ate Commsrce Commission that
they did not try to base rates on o:st of service. Ia
seeing that the
applied.
It
vj. Providence &
Worcester RR. Co. which was, on the whole, remarkably
handled
well
by them, they explicitly refrained
the case of the Providence Coal Co.
from making cost the basis of charges; but at the sime
time they claimed and exercised a right of control which
might prove no less efficient against the railrcads and far
more salutary to the business interests of the cammunity.
They
virtually admitted the correctness of the principle of
charging "what the
traffic
bear,"
will
but they also
claimed that the Commission and not tha railroads should
be the judges whether that principle was fairly applied.
The course upon which they thus enteied was a difficult
had it been persistently followed out we believe
We regret to see that
would have proved sound.
In the Dakota
they are gradually moving away from it.
wheat cascS, while still admitting the general principle,
they made a somewhat hap-hazard application of it. With
the Pacific wheat they to a great extent abandoned it and
attempted to base relative rates on investigations of cost
In the milk producers' case, on which they
of service.
have just published their opinion, they seem to make cost
of service the chief and perhaps tho sole standard for
That they do not give judgment against the
differences.
railroads in this particular case seems to be rather due to
certain accidental details of the traffic than to any clear
conception of the general principles which they themselves S9 plainly enunciated in the Providence & Worcester
one, but
that
it
Should they persist in
decision.
this course
their fate will be similar to that of
sion.
That body from the very
we
fear that
the English Commisfirst
took
little
or no
account of the investors' interests in its decisions; and it
also adopted the policy of trying to base rates on the
Neither of these methods was sound,
cost of service.
and as a
result of this radical
unsoundness the Commis-
The American Commission adopted a different policy at the outset and in so
doing gained large measure of success. They have not
yet forfeited the confidence and the authority which
sion failed to achieve
its
objects.
But this authority
upon a somewhat narrow basis; and any serioM
knowlerrors, whether of general policy or of technical
edge, may seriously impair if they do not altogether
their original policy so well deserved.
rests
destroy
it.
^
THE CHRONICLE.
426
LOUISVILLE d .NASHVILLE AND SOUTHERN
DEVELOPMENT.
[Vol. XLVll.
Out of this a 2 per cent stock dividend calling for $600,000 was
declared in January and a 3 per cent stoc k dividend calling for $918,000
in July-toi;ether ii!l,518,000.
Note —The mileage on which earnings have been based is as follows :
At the end of fiscal year IST.'J, 970 miles; 1880, 1.704 miles; 1881,
1.872 miles; 1882, 2.028 miles; 1833, 2,065 miles; 1884, 2,065 miles;
188i, 2,U75 miles; 1886,2,023 miles; 1887,2,023 miles; 1883, 2,118
II
of
Not only as showing the growth and development
the miles.
showing
as
also
but
roads,
of
system
an important
country upon
growth and development o£ the section of
Thus both gross and net earnings are the largest ever
traffic, is the Louisville &
its
for
relies
system
that
That however is a comparatively minor matter;
which
reached.
1888, and
Nashville report for the year ending June 30,
it is the exteat or degree of expansion thai; has occurred,
last week,
No.e, for instance,
which we gave at some length in our issue of
to which we would direct attention.
so
recently
uotil
was
South
deserving of attention. The
that while in 1878-9 gross earnings were only $5,387,595
expansion
industrial
overshadowed by the
and net but $2,231,772, fcr the late year the former
stand at $16,360,241 and the latter at $6,092,706, with
extended
more
and
larger
a
towards
progress
In other words, the present
that steady
total net income $6,621,534.
this the older part of
in
making
then
even
was
threa-fold
what it was nine
is
business
income, both gross and net,
case, while rethe
been
has
however,
Such,
that the comcountry.
however,
claimed,
may
be
the
It
years ago.
there has been
miles of road
since
the
one,
fair
cently (we mean with the last two years)
a
hardly
is
parison
especial activity in thai sectioa, as we all know.
covered has doubled in the iuterval and this would naturBut
The Louisville & Nashville in its earnings and traffic,
with it an increase in earnings.
completely
West
going on in the
that
many
lost sight of
the fact
bring
taking a more recent year for comparison say 18i0-l
the contrast in favor o: the present, year is Jast as striking,
ally
In extent of terriserves to illustrate this development.
the
system occupies
traffic,
of
diversity
tory covered aud
In
country.
the
of
part
that
in
none
to
position second
a
number
the
of miles of road
operated there
is
but one
President
other system which can sho v a larger aggregate.
Norton in his report gives the length of line operated,
miles,
directly or indirectly, on June 30, 1888, as 4,015
new road still in process of construction. The
Richmond & West Point Terminal Company is the only
with some
in fact
We
reaching 4,500 or 4,600 miles.
ago to the Central of Georgia as a
weeks
few
a
referred
prominent system with a heavy mileage, but in that Cisa
the total of road in tparation and under construction is
&c.,
Charleston,
only about 3,000 miles, and this includes ssveral hundred
miles also embraced in the Louisville & Nashville, the
more
so considering the small addition to mileage
In 1880-1 the average number of miles of
road oparated for the twelve moaths was 1,840 miles.
For the late year tha average as already stated was 2,027,
since then.
the increase thus being just abaut 10 per cent.
Between
these years gross earnings have increased from $10,911,651
and net from $4,198,518 to §6,092,706—
with 10 per cent more road, earnings have increased
to $16,360,241,
Southern combination having a larger mileage than this, that
the total for it, if we include the Eist Tennessee, Memphis
&
—
is,
50 per cent in the seven years.
Over half of this gaia, marejver, has occurred during
the last two years.
for
three
The income kept growing
18801
company
afier
1884-5 and 1885-6 the
years, but in
experienced a decided set-back, so that from $14,351,093
in 1883-4 the gross in 1885-6 had dropped to $13,177,018,
la the
the net declining from $5,527,310 to $4,963,723.
roads controlled by the Georgia R tilroad & Bjnking Com- two years since 1885-6 the gross has risen from $13,177,pany being operated under joint leise by the two com 018 to $16,360 241 that is, about three and one-fifth
The Lauisville & Nashville also traverses some of
panies.
and the net is up to $6,092,706 from
—
million dollars—
the best portions of the South, and it connects important
The system covers a good part of Kentraffic centres.
tucky and Tennessee and the line to the Gulf runs through
Birmingham and the mineral region of Alabama.
Altogether the system
Though
is
quite representative in character.
the company,
however,
controls
over 4,000
miles of road, operations and earnings are based on only
about half that mileage, the remainder (including chiefly
the Georgia Rwkoad and the Nashville Chattanooga &
St. Louis) being operated under separate organizations.
$4,963,723, the gain in total net income bjing even more
from 15,171,530 to $6,621,534. As a result
striking, or
of the great increase in earnings the gross per mile
which
1878 9 when the total mileage was 972 miles stood at
$5,542, aad in 1880-1 on 1,840 miles was $5,930, now
in
for 1887-8 stands at $8,071.
Taese larger earnings represent an absolute increase in
They are not the effect of higher
traffic and business.
the contrary, in the South as in the West,
steadily downward, and the decline in
tended
rates have
In exact figures, the mileage reported on stood at 2, 118
very great. To those who have not
been
has
average
the
miles June 30, 1888, the average for the twelve months
followed the matter it may be a surprise to hear this, but
however being only 2,027 miles. Here is a summary of
perhaps it will be even more of a surprise to learn that
earniogs and income of this part of tne system for the
not only has there been a heavy decline in recent years,
late year, in comparison with the yearj preceding.
For some reason
but that the average now is very low.
have incorporated columns to indicate also the changes in
in the rate per ton per mile
rates.
On
We
there was a trifling increase
stock and debt.
GroM
in the late year, but
JVet
r«or. Earnings. Earnings.
7otal
Net
Income.
Rentals,
Interest
ds Taxes.
Surplus.
Stock.
Funded
Debt.
even with
this increase the
average
is
only a little over a cent, the actual figure being 1-06 cent.
How this compares with the rate on Western roads, will
1
t
(
i
i
5,387,896, 2,831,772
2,231,772
TS-'SO. 7,436,843j 3,227,844
80-'81 10,911.651 4,198,518
'81-'82 11,987,7441 4,55S,874
3,227.544
4,123,727
•78-'70.
4,824,816
t
t
•465.263
2,199,455 *1,02», 189
3,319.059 51,103,769;
4,303,368,
521,418
1
1,766.509;
t
t
9,052.950 +17,308,770
9,059,381 +30,978,020
18,130,913 H8,485.44l
18,133,51K V59,372,778
'8»-'83.
13,234,811)
B,135,32U
6,270.090' 4,5';5,870
8a-'84
14,351,093
6,527.310
5.800,146[ 4,706,14-
Sl-'SS. 13,036,348
6,7il,0»l
6,962,68s
4,637,8061 1,314,877 19,000,000+82,808,314
13,177,0:8
4,963.723
8,033,531
B,0«a.-0«
5,171,530
6,513,38U
4,643,727
•se-w. 18,080,584
•gi-m. 16.380.241
'8B-'86
694,220 25,000,001 ^59,330,830
l,094,0v8 25,000,000' 1-58,910,512
527,80.
10,000,000 +81.556.251
4,881,340 1,882.041 10,000,000
6.821,534 W,012,786 |1.609,78f ,11.518,000
lll,0o9,o»6
64,046,660
Out of this 4 per cent diviaends were paid, calMug for $361,445.
Including City of Louisville bondp, now all paid off.
Out of thin, 8 per eent dividends were paid, ualiinx for $724,567.
5 Out of tliiB, two dividends of 3 per ijeiit eaoli, calling for $1,087,800,
*
t
j
If ere paid.
6 Includes In addition to loss on Georgia Railroad l"a8e ($3,4i3 fur
this year) tlie Ions of $333.9*3 on tlie operatiiiu of the Pcnsacola
At'.autic— the latter an item not previaugly brought into the L.
N.
Inooinu accounts.
appear when we say that on the Chicago & Northwestern
the average dropped below a cent per ton per mile for the
In
first tirae in the twelve months ending May 31, 1888.
1880-1 the average on the Louisville
—that
&
Nashville was as
nearly one half higher than at
present, and the increase in total earnings and in earnings
per mile has been made in the face of that circumstance.
Looking now at the figures showing the company's traffic
high as 1'503 cent
we
find that in 1887-8
carried one
is.
997,000,000 tons of freight were
amount was only
mile, while in 1880-1 the
mile
& 493,000,000 the number of passengers carried one
&
was 173,000,000 in the late year and 82,000,000 in 1880-1;
October
THE CHRONICLE.
18, 1888.]
briof, both passenger and freight traflic has more than
doubled in the seven years, and it is this circams'.ance
which explains the gain in earnings, notwithstanding a
heavy reduction in rate*.
A word or two may be useful with reference to some
In
of troops
427
from the Sulian.
man man-of-war came
to
These l)eing reiis'ed, a Oerthe rescue, putting on shore a
marine force and accomplishing the death of somo twenty
Tae G -rman ve«g"»I a^, the sam'* time, for
what w»8 deemed satisfactory reasoop, bombarded Tongwe.
of the natives.
It will be noted that while The natives, however, aasembled in force in Pangani; and
compared with the year immediately having compelled the German Planters' Company to retire
preceding) there had been a large gain in the gross earn- both from that place and Tongwe, restored the Sultan's
ingi
over 1| million dollars the increase in the net has authority. A week or ten days later the coa«t tribti
been hardly more than nominal.
This follows from atticked the German residents of Bagamoyo.
A marine
heavier expanses, the Louisville & Nashville showing the force was landed from the Leipsic, and the natives were
same characteristic as most other roads in different parts again driven off, 150 of them having been killed. Sach
of the country.
We do not propose to go into an analysis bad become the excitement, and so great was the fear of
other features of the exhibit.
in the late year (as
—
—
of the reason for this increased
operating cost, but as
another descent of the native
tribes, that
the
British
showing one of the contributing causes President Indian traders deemed it prudent to leave the place.
Norton states that besides a large amount of new equip- At Kiloa two Germans have since been murdered.
ment paid for oat of capital account, the cost of 885 new The plantations at Lena have been twice attacked; and
cars was charged directly to operating expenses.
It is much damage has been done.
At Meckindani and at
same time 863 cars were broken up and
true that in the
destroyed, leaving the net addition paid for out of earn-
ings very small; but the important fact
way
a
is
that in this
renovation of the company's equipment
is
being
Lindy, the Germans have been driven to the
s^a, making
and being saved at the
last-named place only by the timely appearance of an
narrow escapes
in both instances,
As
English gunboat.
the British flag has also been fired
same operation having been noted the year upon, terror has spread into the British part of the terribefore, though then only 779 new cars were charged to tory; and although assurances have been given that the
expenses, against 885 now.
opposition is only to the Germans, British subjects have
With reference to the relation of income to charges been forbidden to proceed into the interior; and arrangeand dividends, there is an excess of earnings abovo ments have been made for the safe retreat of the misinterest, rentals, &c, of $1,608;768.
In the previous sionaries. Of course Germany is strong enough to proyear the excess was $!, 832,049, but the reduction tect her own interests in Zanzibar, and she is taking steps
apparent only, the management having this time to do so. But she may find that colonization in Butern
is
taken out
and very properly too the deficit of Africa, as e'sewhere, is not without its drawbacks.
Th's, however, is only one feature of the muddle.
The
$238,943 on the Pensacola & Atlantic for the twelve
months.
Except fcr this, the excess above charges deaths in succ°s8ion of Major Barttelot and Mr. Jamieaoni
would stand nearly the same in the two years. As is taken in connection with the mystery as to the fate of
known, the company has been using surplus earnings in Mr. Stanley, have made an end for the present of the
making additions to and improving the property. It original expedition for the relief of E-nin Pasha.
being desireH, however, not to leave stockholders entirely That .expedition was essentially British; and it is
without a return while this was going or, dividends in reasonable to take it for granted that had Stanley
stock have been begun
Emin, or if Emin had been reached by
5 per cent having been so paid to found
represent the 1887-8 surplus.
Tne call for that purpose Barttelot or Jamieson and his relief eff-cted, Britain
in stock was $1,518,000, against which we have seen the would have kept her hold on the territory of Wadelai,
Etnin in all likelihood remaining as the British representexcess of earnings above charges was $1,608,768.
ative. Such is the view which is now opealy taken in the
THE EAST AFRICAN SITUATION.
Britishprefs, anlby allthosjwho have shown any interest
A few weeks ago it seemed as if a new and promising in East African affairs geoera'ly. The expedition, howera was opening for Eist Africa, and as if, through the ever, has failed, and there are no signs of another movecombined influence of the greater Powers of Europe, ment in tte same directio", so far as England is conGermany has come to the rescue. At the
civilization would be extended along the entire east coast, cerned.
effected, the
—
—
—
moment
vigoroifs preparations are being
beginning made tow irds the regeneration
France was in posof the whole of the Dark Continent.
present
an
Emm Pisha
Eession of a large part
of Madagascar; Italy, already in
Massowah, bad obtained some concession?
fuither south from the Sultan of Zanzibar; the Garmans
and the British, by consent of the Saltan, had divided a
large part of the coast line between them, with a stretch
of teiritory into the interior, some 150 miles long: Such
a combination of forces, harmonized as they were with
the purposes and plans of the native ruler, would surely
prove a blessing to tho eastern part of Africa, if not,
of
G«rman men, conducted under
possession
G man
and an
effective
of
How
defined,
the
comp'etely the whole
some
cause
the
natives
Germans
;
or
have
and the
situation
risen
Suit an
in
has changed
yet
not
causes
completely
rebellion
having
agains'.
interfered,
his
It
will
made
for
be composed
the auspices of the
Government, acd susainei by Girman money.
It has commanded already the encouragement and support of all those, from the Emperor down, who have
laken any interest in the German E»st African Company.
31
Naturally enough,
if this
expedition should prove a suc-
Emin Pifiha, with all that he is and ha', will come
under G rman influence and protection. Germany, not
cesp,
Great Britain, will be the gainer.
According
and Germany,
and by both with the Sultan of Zanzibar, the line which
separates the territory of the two companies runs from the
mouth of the Umba to Kavirando B»y, on Victoria
It is precisely here
indeed, to tLe interior.
From
relief expedition.
to the arrangemeiit
where the
difficulty begins.
made by Great
Britain
power has also been resisted. As to details, this much Nyaiz», deflecting somewtiat to the north so as to include
has been made clear and intelligible: About four weeks the famous mountain, Kilima-Njaro. The British territoiy
age, the director or chief agent of the German Conipiny lies on the north of this line, the German territoiy on the
was fired npon while landing at Pangani, on the maioland. south. It is part of the arrangement, made in July of
Retuining to the Island of Zanzibar ho obtained an escort la?t year, that each should give the other free scone to the
THE CHRONICLE.
428
XLVII.
[Vor-
that showed a gain of $2,907,696 on 117 roade, following an
west of the spheies of their respective influence, but
increase of $2,882,431 in 1886 on 77 roads.
In other
inroads
neither should cross each other's territory or make
nearly
three
millions
increase
had
for
words,
we
pass
two conto
is
on the same. The new Emin Pasha expedition
and
in
view
that
fact
years,
of
and
secutive
the
and
smaller
coast,
Zinzibar
through German territory from the
included
days
the
present
year,
of
the
falling
It
number
off
north.
march
to
the lake regions it is
after
it
reaches
territory if the now reported could hardly occasion surprise, even if there
one of the diffi- had not been the other unfavorable influences mentioned
The other is that in passing to the north the below to contend against. Here is a summary of the
culties.
for a series of years.
Germans will establish posts; and these, it is feared, may Ssptember results
by and by become more important factors in determining
Jtfflfoje.
Baminoi.
what would become British
will pass over
Tais
lines were extended westward.
The
rights than words in a treaty.
is
third difficulty
is
that
Ferioi.
Year
Tear
Year
Year
Given.
Preceding.
Oiven.
Precedlnj.j
Miles.
Miles.
42,907
47,73a
51,730
89,587
44,564
65,297
64,989
60,923
87,383
43,172
47,259
37,879
43,372
53,095
61,242
68,507
|
Emin Pasha, being a German, may be easily induced to
give the Germans the full benefit of all that he is and has.
It is contended by Sir Samuel Baker, by Grant, the companion of Speke,
object of the
and by hosts of
East African
others, that the great
Company
is
imperilled,
and
that the results of forty years of British exploration and
discovery are being flung away. AH the central lake
region
the result of Eaglish discovery;
is
given Eaglish names; and
East African
British
Nile sources and to
it is
the lakes were
one of the objects of the
Sept., 1880 (39 roads)
Sept., 1881 (SO roads)
S
pt..
1882 (61 roads)
Sept., 1883 (08 roads)
Sept.. 1884 (52 roads)
Sept., 1885 (5« roads)
Sept., 1886 (77 roads)
Sept., '87 (117 roads)
Sept., '88 (105 roa(Js)
$
*
Decrease.
(
1
15.486,880
13,713,665 inc. 2,773,105
25,368,176
21,832,848! Jnc. 3,355.328
29,750.857
26,108,43i'J)ic. 3,642,423
25,186,510 Inc . 2.007,61)0
27.494,170
19,856,064
20,394,816 D«. 1,138,152
20,353,358 Dec .
82.913
25,019,276 IHC. 2,882,431
29,113,648 Inc. 2,907,696-
20,272,445
27,931,707
32,021,344
28,118.303
28,690,325 Dec.
572,02*
In one important section of the country, largely represented in our table, the circumstances detailed above have
Company to get command of tde
been
make a continuous connection with
of
positive
minor consequence alongside others of a more
and decidedly adverse character. By an exam-
Egypt. Sir Samuel Baker reminds the British public that
ination of our detailed statement for the month, given
Emin Pasha was Gordon's lieutenant, and that he now further on in this article, it will be
seen that most of the
rules as such; and he characterizes the bungling policy of
roads reporting decreases are situated in the South.
the Government as being of a piece with that which led
These roads have suffered severely, first from the effects
to the abandonment of the Soudan, and which has all
of the yellow fever scare, and secondly from the greatly
Such
along prevailed with everything regarding Egypt.
diminished movement of cotton. "When yellow fever,
is the
present situation of afiairs.
which had previously been confiaed
broke out
and Dacitur,
Ala.
a panic seized the inhabitants of the South, and in
many of tke S.ates quarantines were widely established,
some of the minor towns inaugurating a shot-gun patrol,
and rigidly excluding all intercsurse with the outside
world, not even the passing of trains through the localiAmong the larger systems whose
ties being permitted
operations were interrupted in this way may be mentioned
the Memphis & Charleston, the Erlangar roads, and the
Lou'sviUe & Nashville, but the heaviest sufferers were
the lines running through the State of Mississippi, like the
Mobile & Ohio, the Illinois Central Southern line, the
Louisville New Orleans & Texas, the Vicksburg & Meridian
President Duncan, of the Mobile & Ohio, reports to
&3.
in other sections
—
SEPTEMBER GROSS EARNINGS.
"We hive an unfavorable statement of earnings for the
Oa the 105 roads included in our
of Saptembar.
a
falling
ofE as compared with the same
table below, there is
month
last year of $572,020, while the number of miles of
road reported on is 2,356 miles (or 4 per cent) greater
than in 1887. Moreover, no less than 58 companies con-
month
tribute to the falling oS, only 47 roads being able to
show
larger earnings than a year ago.
abundant reasons to account for this unfavsome special and local, others general and
the whole body of roads.
Among those of the
Tflere are
orable exhibit,
affecting
latter
may
class
be
meatioaed,
first
of
all,
the
fact
—notably
to Florida,
at Jackson, Miss.,
September this year comprised one less work- us that by the action of the authorities in Mississippi the
ing day than the same month last year.
Tnis fol operation of his road was entirely stoppad from Sjptem
lows from there having been five Sundays in the month ber 23 to September 29, neither passenger nor freigh
in 1888 and only four in 1837.
As far as the separate trains being moved.
weeks are concerned, theinfluencaof that circumstance was
The diminished movement of cotton has been an
not felt at the same time by all the roads ; thus some equally important matter, all the mo e so that last year
companies noted it in the comparison for the second week, the movement had been exceptionally largo and free.
a great many more in the comparison for the fourth week, Only 16,538 bales gross went overland by rail in Saptem-
that
while wiih
still
others
it
may have counted
the other quarters of the month,
the
way
of dividing
concerns the
full
up the month
month, however,
it
show the
in some of
depending upon
iato weeks.
all
fered the loss of this working day.
will suffice to
all
As
far as
roads of course sufJust one illustration
bales in September, 1887, but
an insignificant part of the entire movement.
Looking at the receipts at the Southern ports, we find an
aggreg_ate of only 331,065 bales this year, against 653,722
ber, 188S, against 48, 178
this is only
bales last year, being a falling
off
of
about one
half, or
every one of the
diffirence in results that this has
over 322,000 bales.
made. The "Wisconsin Central reports for the month
increased earnings notwithstanding the loss of this day,
but in the fourth week there was a decrease of $13,000.
the Atlantic Coast.
informed, an increase of over $5,300. While we are speaking
of this road we may say, too, that last year o^^er $10,000
a comparison for six years on a number of leading
companies in that section. It will be noted that among
In this falling
off
ports has shared, the decline being especially
marked on
It is not surprising that with this and the yellow fever
Had, however, the week contained the same number of to contend against, only two or three Southern roads
working days as in 1887, there would have been, we are should be able to report increased earnings for the month.
Here
is
back pay for mail service went into the September earnings. the roads given, the Norfolk & Western and Cmcinnati
Another circumstance of a general nature which ailects Southern are the only ones which have larger totals than in
the comparison with last year, is that earnings for 1887 1887.
Last year's totals, however, had been very heavy
were very heavy. Our September statement for that year in all cases but one.
OCTOBKB
THE
18, 1888.J
a»pUmher.
1888.
$
Cbeupeake A Ohio
Chos. Ohio
A
l,4<4,03S
1.437.008
l.tfiSJWO
104,891
174.157
897.0U4
404,030
153,900
158.480
a43,S48
S77.«34
430,4S7
109,300
1B0,680
174,358
819,884
108,315
SU.tM
P.
B. Tenn.Vu.ikGjl.
St Nuta.
Moiuphl8,t Chiur..
Moblloft Ohio
Norfolk A West. ..
..
^ot«l..
4.000000 4.431,088
I
1884.
•
1868.
•
f
80»,0»7
1S8,S0<
a41.81»
818.424
803,103
117,018
«42,7»7
1,148JI14
105,1»S
1,146.388
1.»S4,I70
110,381
•180.880
1D1,IW>
988,300
3Bt,390
lOO.O.'W
887,874
8nrs,474
1.10.037
1W1I,7N7
889,31
Sill.4:i4
•la^.o-w
se6,.ie7
381, 17^
270,010
837,881
171,888
173,358
170,'J88
3«3,<93
181,205
i<,n06.Bl«
8.388,087
8i527T«ll
8.IWII.703
am.ioi
&
Not
*
•
868,MS
t«0,M4
48e.8S3
8.W.
an.N.O.*T»x.
lllohm. ft DanT.
V». Uldland
•
1880.
410,828
I87,04«
80S,U17
504.481
+3(W,88'>
Loulsrllle
1888.
1887.
(.'HRONIOLE.
Inoliullni; the tit. Louis
Cairo.
Fciirtli week tukou aaiue iia last year.
t
may seem
It
singular, but
exhibit by any roads as a class
is
a
that
faot,
made by
is
the best
the systems in
The heaviest gains in our table are those
of the Northern Pacific and the Milwaukee and St. Paul,
and they are the only ones reaching over $100,000. Both
the Northwest.
these roads are affected
429
WMt, bave derived the most benafli from It
Moreover,
be noted that while the grain recelpu are
heavier
than last year, the receipts of flour have been
lew, and
in provisions only pork shows an increase,
cutmeat*
it
will
and lard indicating a heavy falling off. Of live hoga
tbe
arrivals at Chicago in September, 1888, were only
263,438,
against 374,885 in 1887 and 468,430 in 1886.
At the interior markets outside the Northwest, the
cereal movement this year was generally larger than
in
1887.
And yot even here there was more or less irregularity.
For instance in corn Peoria has suffered a loss
of about half a million bushels, while most of the other
potts have gained in that cereal.
Toe same paint, how-
ever,
had an especially heavy increase
our usual statement giving
We annex
in oats.
with reference to
These figures cover the four weeks
full details
west, though the
by the conditions in the North.
gain on the Northern Pacific doubtless
comes in large part from the Pacific end of the line. In
the grain movement.
ended September 29. It should be observed that the
total wheat receipts, though over 2 million bushels heavier
addition to these, however, the Burlington Cedar Rapids
Northern, the Central Iowa, the Wisconsin Central, the
than last year, are 3^ million bushels smaller than in 1886.
BEGEU18 OF FIX>DB AND QBAIN lORKOCR WEEKS EHUEO 8KPT 29 Am
Chicago
Northern,
tral,
all
&
Paul
St.
and
show
the
gainp,
Kansas City, the
Iowa lines of
and only the
the Milwaukee Lake Shore
&
the
Cen.
Illinois
St. Paul & Dululh,
Western, the Minneapolis &
and the Humeston & Shenandoah report
diminished earnings, We annex a comparison for eix
years on a few roads.
Louis,
St.
Seplembfr.
1887.
I
•282,019
Bar. C. Rap. & Nor.
Central Iowa
Ohio. Mil. & St. P.
138,570
2,478,000
168,656
1.641,708
168,181
Ill.Ccnt. (la. lines).
Nortliern Paclflc.
St.
Paul
& Duluth.
Total....
•
4.889.134
1885.
t
(
1884.
153,879
1,408.210
185,512
$
297.853
298.973
124.254
142.044
2,553,971 2,273,278
190,0381
167,288
1,372,673 I,224,9£5
210,721
172,57!
4,497,857
4,749,5051 4.280.11
Z89,0»2
121,370
2,359.824
Fourth week taken sauio as
1883.
t
t
280.357
131,513
261,160
149,950
2,201,241
18«,028
2,230.681
1,236,560
1,104,714
153,143
142,878
4,157,680
4.152.053
201,0U7
last year.
The generally good returns by these Northwestern
companies is all the more noteworthy because, aside from
the fact that there had been a pretty general falling o2
last year, there were few circumstances favoring an
improvement the present year. The advance in rates
—
agreed upon did not go into effect in that month In
fact, not till this week, October 10.
The grain move,
ment, as a whole, cannot have been much larger than in
1887, while
the live stock and provisions
movement was
At
Minneapolis the receipts for the
four weeks ended September 29 were fully a million
certainly smaller.
bushels less than in 1887, while at Duluth there
further decline of 735,264
SINCE JANI-ARr
1.
Milwaukee &
was a
Whtat,
Com,
Oau,
(buth.)
(but£)
Onuh.)
(bbU.)
Borlfy,
OMea^o—
4 wks. Sept., 1888
4 wka. Mept., tw<7
^Ince Jan. 1, 1888
Since J;in. 1, 1887
MU^iKittkee—
4 wk». Sept., 1888
4 wks. .Sept., 1887
Hlnoe Jan. 1,18.88
Since Jan. 1, 1887
St. Lnxiis—
4 wks. SeiJt., 1888
1 wks. Sopt., ib8'
Since Jan. 1. 1888
Since Jan. 1,1887
477,044
514,834,«37,1««
4,543,727
2,400.833
,(i8:.',>:251
'
163,402
142,983
5S4..<!90
7''6,9'.6
1,7(16,0 14
4,997,C8S
4,883,804
1,777.459
85,901)
96,243
663,.'«1
795,937
8.8^l)..^33
7.3ll,7l.'«
I
1
U.OO l,2.).l
15,719,309
2,06».B9S
1.210.110
9.89H.60)
11,631,160
6.480,460
4..'56.1.i,lll
4r.u74.45M 3H aj9,ri5
36,025,392 33,921,010
800,068
8I,3»>
i.2.'St.rsri
1.9OH.027
5.178.5M 1,4T7,7»
7,133,7C1
632,381
88,210
214,000 1,023,000
40,«iOl
135,750' l,IIM!S«i
713,93 ii 2.i)l«,U(Xi' 2,.".78.418l
OOD.ObNl l,8i»,108, 2,70»,69«l
1,124,875
l«7,(m
8l!,000
42«,aia
147,070
138M«
"12,860.510
11,739,276
1,465,755
1,0:4.300
844,840
290,672
7,80s.H4ii
1,1J.".,"01
0,797,905
1,383,840
^^
297,950
105,949
309,328
35,363
1,716,004
1,433,979
865,. iwt
16,500
19,881
117,886
100,470
128,281
8o2,>-B0
147349
ToUcio—
4 wks. 8cpt., 1888
1 wks. Sept., 1887
9.685
24,3:15
Since Jan. 1, 1888
Since Jan. 1, 1887
Detrfnt—
4 wks. Sept., 1888
4 wks. Sdpt., 1887
Since J. n, 1,1888
Since Jan. 1, 188>
Cleveland—
4 wks. Sept., 1888
4 wks. Sept., 1887
Since Jan. 1,1888
Since Jan. 1, 1887
114,20)
103,91)1
1.880,720
1,151,8H7
5,8U6.502
7,460,39'
1,.303,573
22.643!
20.3951
159,5631
4,621, 3«0
134,652
5,476,422
63,72
83,219
665,327
1.189,098
312,514
444.809
21'O.lin
41,186
211.831
271,304
5."i,951
208,7981
2.-/97.74-
171 .B3>
l,M;,3ill
1,298,425
2,137,830
166,989
2,019,086
4 wks. Sept., 1888
4 wks. Se t., 1887
18.100
364.f00
577,400
6,il90
since Jan. 1, 1888
Since Jan. 1,1887
03,578
59,972
120,<H)0
l,liVI.295
81.5,075
38,331
95,945
867,376
677,823
H»t,102
1,527,158
1,094,928
29,280
80.3;8
580,0 ;i'
682,607
IS
19.430
40,780
tt8
1,
I«i-,:160
140,091
Peorfn—
49,800
141,000
648.965
619,600
1,077.«60 l,S?0,t»00
8.9.a,TB0 10,917.880
4,931,860 8,458,226
S6.1SA
ssBiSn
«0,M1
Duluth4 wks. Sept.. 1888
4 wks. Sept., 1887
.Since Jan. 1. 1888
Since Jan. 1, 1887
164,456
131,«ll
1,206.050
880,510
Total of an—
4 wks. Sept., 1888
4 wks. Sept., 1887
4.wks. S pt.. 1886
981,618
956,872
818,90'
885,766
1,«21,030;
6,161.249
6,38S,15;
0,854,916
7,085.J00
lO.S'SfllO 11.404,001' STOfl.Wfr
9.5'(i
8,0n
-
12..'J03
i-lnce Jan. 1, l>-88 9,048,'6»; 44,331,511
Since Jan. 1,1887 8,559,247 54,3«,:illl.
Since Jan. 1,1N«« 6,.S»ii.ltiBji,a(0.3>.
i.foi.sse
-10
US
6!l.«l
57,541.
I
.
..-0..348
.
74.rta3.i'0.: 5i).4;i;j.3t.-i in
.s.<
l.'l:i<).470
Note— Receipts at .Vllnnoaoollsnot Incladed In the abora table were In t.ka
four weeks this year 3.863.780 Bushels ol wheat, against 4,876,8J0 bushels during the corresponding period of 1887.
bushels this year, after a
fall
From these figures it would seem to follow that the
Only at Chicago roads in the Middle Western States, or at least many of
do we find larger receipts, and the extent and sources of them, must have had a heavier grain traffic,
yet the results
the increase there are indicated in the following, which on those roads are by no
means uniform and the most of
covers the even month.
them report diminished earnings. The trunk lines and
BECKIFTB AT CmCAQO DUBtKO BEPTEUDEB AHD SIIfOE JAN. 1.
last
year of about 4| million bushels.
their connections
SepUviber.
1888.
Wheat, buah
2,580,407
Jan.
New York
1. to Sept. 80.
1887.
1888.
1887.
1888,
1,170,662
2,165,550
8.000,815
15,635,540
tember 30 as a
$88,517, or
1888.
8,fl06,ff9
8,035,612
8,541.136
48,898,331
88,838,48 <
8,467,707
49,818,088
0310,170
4,Tie.aas
86.844,375
84,014,882
30,546,784
8.103
4,999,092
83,377
118,388
1,477,987
527,312
736,951
1,254,871
2,031,780
1,959,187
5,180,506
7,055,344
7,697,640
Total grain
10,970,2jO
16,323,523
17,510.853
99,095,794
94,008,569
96,757,188
Flour. ..bbls.
4,826,654
4,518,781
2,574.494
LlTehoffsNr
2«3,43>i
547,788
742
13,107,440
8,853,538
374,885
881.171
Lara.... lbs.
489,657
2,402
7,752,340
8,498,326
Corn., bnsh.
Oat«...bush.
Bre....bnnh.
Barley.bush.
Porlt...bbl».
Cut
m'ta.lbs.
1.813
.
27,719
52,815
16.181
8,472,188 100,415,685 186,868,788 119.238,508
7,979,148 48,034,380 65,858,264 64,238,148
468.430
8,807,353
3,562,084
4,J78,043
also
as
a rule report
Central the falling off
is
On
losses.
the
comparatively slight;
using the estimated statement for the quarter ended Sjp'
of
basis,
less
we make
$380,000 in 1887.
the loss
is
the decrease for the
month
than 3 par cent, and this after an increase
On
the
Grand Trunk
of
Canada
$69,975, or about 4 per cent; and on the
bash Western
it is
$56,670, or 9 per cent.
Wa-
Tae Chicago
and Atlantic, the Cincinnati Washington & Baltimoret
and the Ohio & Mississippi, also all have larger or smaller
Ttis shows an increase of about 3| million bushels in losses.
There are a few roads in the Middle Western
the aggregate of all grain arrivals, of which nearly 1^ section which have done remarkably
and increased
million bushels was in wheat.
men'.ioned
the Kastwtiich
may
be
among
We do not know how it their earnings,
may be in the case cf the other cereals, but as regards em Illinois and Indiana Coal, the Hocking Valley &
wheat, tin CO the gain has been more largely in winter than Toledo, the Wheeling & Lake Erie, the Columbus & Cinin sprirg whea^, ihe roads running south and southwest cinnati Midland, the Lake Erie& We8'.erD, and the Toledo
from Chicago, rather than those running west and north- & Ohio Central.
wM
THE CHRONICLE.
430
[Vol. XLVII.
For the nine months to the end of September, earnings
In other sections tha Atlantic & Pacific has a very
heavy increase, and some of the Eastern companies, Lke on 101 roads, as given balow, are $5,352,383 ahead of
In some instances heavy losses are reported
the Long Island, the Ljhigh & Hads o the Western last year.
New York & Pennsylvania, and the Siaten Island, are also and in others equally heavy gains. Among those falling
The Mexican roads behind may be mentioned especially the Grand Trunk of
able to submit very good statements.
of the Vera Cruz Canada, the Wabash Western, the Milwaukee Like Shore
case
heavily
in
the
very
fall behind
—
&
road, which has been submerged by floods.
GROSS EAKKIKGS AND MILEAGE IN SEPTEMBER.
1888.
Atlantic APaclflc...
Buff. Eoch. &Pltt8l).
•Burl. Ced. Eap. & No.
—
& CMc...
Cauadlau Pacillc
Cape Fear & Yad. Val.
Cairo Vine.
Central of Iowa
Central Vmuoiit
'Chesapeake & Oliic.
Ches. Ohio & SoutUw.
CMcago &
Chicago
Atlantic...
& East 111.
Chic. & Ind. Coal
Chic. M11-W.& St. Paul.
Chicago & Ohio Elver.
Chic. St. P. ife Kans.C.
Chic. & West Mich.. ..
Cln. Jackson & Mack.
Cin.N.O. &Tex.Pac..
Alabama (jt.South..
N.O.& North East..
Vicksb. & Meridian
Vlcksb.Sh. &Pac...
Cin. Eich. & Ft. W...
Cln. Wash. & Bait....
*Clev. Akron <feCol...
Cleve. & Marietta
Col. & Cin. Midland. .
Col. Hock. v. &T0I...
& Bio Grande..
& E.G. West..
Detroit Laus'g & No
Denv.
Denv.
EastTenn. Va. &Ga-.
Evansv. & Ind'naii's.
EransT. &T. Hante..
Flint
& PereMarq.
..
"Georgia Pacific
Gr. Kaiiids
&
Ind'a..
.
Other lines
tGrand Trunk of Can
Houston & Tex. Cent.
Huuieston & Shen ..
m.Cent.dll.ASo.Div.)
Cedar Falls & Minn.
Dubuque & S. City.
Iowa Falls & 8. City.
Ind. Dec.
&
Western.
Kanawha & Ohio
*Kan. C. Ft. S. & Mem
*Kan. C. Clin. &Sp...
Kenmcky Central
•Keokuk & Western
Kingst. & Pembroke.
Lake Erie & Western.
Lehigh & Hudson
•Little Eoek& Mem..
.
Long
Island
Louis. Evans. & St. L.
Louisville & Nashv.
.
Loulsv.N.Alb. &Chic.
Louis. N. O. & Texas.
Mar. Col. & NortU'n
.
Memphis &
Chai-'ton.
JMexlcan Central
"JMexiean Bailway..
Milw. L.Sh.&West...
Milwaukee & North
Minneap. & St. Louis.
Mo. Kansas & Tex...
Int. & Gt. Northern
Mobile & Ohio
N.Y. Cent. & Hud. B..
.
N. Y. &Norlheni
N.Y. Out, & West'rn.
Norfolk & Western.
Northern Pacillc
Ohio & Mississippi...
Ohio Elver
Ohio Southern
Ohio Valley of Ky....
Peoria Dec. & Evans.
Pittsburg & Western
.
& Ariz. Cent.
Eichm. & Danville...
Prescoit
Va. Midland Div.
Chart. C.
& A.
. .
Div
& Greenv. Div.
Western N. C. Div.
Wash. O. & W. Div.
Ashev. & Spar. Div.
Bt. L. A.&T H.brchs,
Bt. Louis Ark. & Tex
St. Louis & San Fran
Col.
Paul&Duluth...
Ban A. & Aran. Pass.
Bt.
Btateu Island Rap. T.
Texas & Pacific
Tol.A. A.
&N.
Mich..
T0I.& Ohio Central
..
& West...
Valley of Ohio
Tol. Peoria
Wabash Western
West. N.Y. &Pcnn...
Wheeling & L. Erie.
Wisconsin Central.
.
.
.
226,969
151,153
193,667
65,838
1,110,000
27,554
132,570
258,795
277,953
169,215
188.765
196,498
48,376
2,478,000
10,207
250.258
114,871
.53,578
321,154
118,866
63,423
28,833
39,338
36,899
196,779
59,969
23,155
46,860
307,820
710,300
125,100
96,244
469,853
24,891
76,007
180,974
66,591
193,521
15,595
1,727,907
336,228
14,800
010,671
10,620
88,975
69,061
351,763
24,674
249,288
18,075
101,322
23,435
20,500
224.480
22,785
37,142
371,341
85,035
1,424,035
217,619
148,755
7,641
104,391
367,847
125,200
281,356
99,202
120,500
587,568
328,159
174,157
3,350,038
52,671
163,598
397,094
1,644,708
399,995
54,044
48,009
10,324
71,739
175,918
10,137
404,050
152,900
68,200
39,400
48,600
14,025
11,050
86,133
289,886
,^67,212
163,181
95,440
97,363
525,883
65,467
110,017
93,099
58,692
562,343
309,100
74,386
384,032
1887.
166,225
220,501
180,710
65,837
1,063,207
28,637
121,370
249,095
295,431
187,046
212,301
183,421
43,6^0
2,359,624
7,772
215,241
122,040
53,746
309,917
137,863
56,332
51,939
58,816
39,272
218.3ii9
37,273
26,909
31,005
261,689
753,561
120.000
102,012
504,481
22,019
8 ',750
223,833
84,955
224,091
16,463
1,797,882
353.925
16,908
1,099,738
9,781
77,592
66,507
38,674
19,914
263,457
14,700
107,318
24,169
18.893
208,244
17,694
60.597
359,996
92,701
1,437,908
214,346
181,248
6,611
156,499
367,945
215,264
334,075
97,002
129,720
621,334
333,393
242,948
3,438,.555
53,727
156,742
377,234
1,408,210
408,054
43,538
52,881
8,158
78,402
200.341
6,831
439,427
165,300
86,931
."^0,726
68,555
15,100
9,539
94,975
285,032
593,496
185,512
57.670
92,337
543,377
55,781
107,419
94,440
57,373
619,013
278,420
64,0 .'5
36ij,683
Increase or
1888.
Decrease.
+ 60,744
—69,348
+12,957
+1
818
294
818
294
l,046j 1,039
2671
267
4,481
3,419
3,418
513
-17,697
—2,108
96
-189,067 1,953
76
+839
143
+11,383
184
+2,554
152
+ 1.089
129
+ 4,760
—14.169
671
163
+ 3.375
—5,996
254
-734
148
115
+1,607
592
+16,233
+5,oa
63
—23,455
135
+ 11,345 354
-7,666
278
513
96
-
200
510
500
502
398
208
256
146
5,298
86
602
414
286
336
295
196
143
170
86
281
144
106
70
325
1,317
369
268
1,098
138
156
363
382
440
32
1,953
76
143
184
152
129
671
163
2-54
148
115
548
63
135
354
254
13,873
2,173
2,023
+3,273
—32,493
537
514
45
330
537
512
45
330
1,236
1,236
+ 1,030
—52,108
go
—90,064
293
293
-52,719
592
577
+2,200
303
269
—9,220
351
351
—33,766 1,386 1,386
—5,234
775
775
—68,791
687
687
—88,5X7 1,447 1,447
—1,056
58
54
+.6,856
320
320
+ 19,860
554
539
+230,498 3,390 3,081
—8,059
616
616
+ 10,506
211
172
-4,872
128
128
+2,166
100
75
-6,«63
254
254
-24.423
367
367
+ 3,306
73
73
-35,377
797
797
—12,400
355
355
—18,731
373
373
—11,326
296
290
—19,955
290
290
-475
50
50
+ 1,511
70
70
-8,842
203
188
+4,854 1,215
975
—26,284 1,329 1,189
-22,331
230
225
+37,770
353
238
+4,976
21
21
—17,494 1,487 1,487
+9,633
248
184
+ 2,593
226
226
-1,341
247
247
+ 1.317
—56,670
+3J,630
+10,361
+ 15,349
91
1,001
91
1,001
663
187
818
063
187
818
Total 1105 roads).. 28.118.305 28,690.325
572,02059,923 58,567
Includes three weeks only of September in each year.
f For four weeks ended September 29.
i Mexican ourrency.
*
Name of
1887,
+46,793 4.66O1
—1,083
234
510
+11,200
+9,700
500,
502!
—17,478
398
—17,831
—23,536
268
256
+ 13,077
146:
+4,696
+118.376 5,670
86
+ 2,435
790
+35,017
414
—7,169
346
-168
336i
+11,237
295!
—18,997
196
+7,091
143
—23,106
—19,478
170
86
—2,373
281
-21.020
194
+22,696
106
—3,754
70
+15,855
325
+46,131
—43.251 1,462
369
+ 5,100
323
—5,798
-34,628 1,098
138
+2,872
156
—4,743
—42,8.59
363
-18,364
401
440
-30,570
—868
32
—69,S'75
Texas and the
Tne statement
San Francisco.
is
St-
as follows.
GROSS EARNINGS FROM JANUARY 1 TO SEPTEMBER 30.
Mileage.
Oross Earnings.
Ifame of Boad.
&
&
Missouri Kansas
Western, the
Louis
Road.
& Paciflo
Atlantic
Boch. & Pitts. ..
*Biul. Ced. Eap. & No..
Cairo Viucennes & Chic.
Buft'alo
Canadian P.acillo
Cape Fear & Yadkin Val
•Chesaneake
&
Ohio
—
Ches. O'hlo&So.West....
Chicago & Atlantic
& Eastern lUinols.
& Ind. Coal
Chicago Milw. & St. Paid
Chicago & Ohio Elver.
Chic. St. P. & Kan. City.
Chicago & West Mich. ..
Cin. Jackson & Mack
Cin. N. Orl. i Tex. Pao..
Alabama Gt. South'n
New Orleans & No. E.
Vlcksburg & Meridian
Vicksburg Bh. & Pao.
Cln. Bich. & Ft. Wayne
Cin. Wash. & Baltimore.
*Clev. Akron & Col
Clev. & Marietta
Col. & Cln. Midland
Col. Hock. Val. & Tol...
Denver & Elo Grande.
Denver & E. G. Western
Deti'olt Lansing & No...
EastTenn. Va. & Ga
Evansvllle & Indianap..
Evans v. <k T. Haute
Flint & Pere Marquette
Grand Eapids & Ind....
Chic.
Chic.
.
.
.
.
Tr. of Canada..
Uoust. ic Tex. Central..
tGrand
Humest'n & Slienandoah
111. Ceu.— (Ill.&So.Dlvs.)
Cedar Falls & Minn ...
& Sioux City.
la. Falls & Sioux City.
Ind. Decatur & West'n
Kanawha & Ohio
*Kan. City Ft. S. & Mem.
•Kan. Citv Clin. & Spring
'Keokuk & Western
Kiugstou & Pembroke ..
Lake Erie & Western
Lehigh & Hudson
•Little Bock & Memphis
Dubuiiue
.
Louisv. Evansv. & Bt. L.
Louls ville ik Nashville .
Louisv.N. Alb. & Chic.
Louisv. N. O. & Texas.
.
Mar. Cidumbus & No
Memphis & Charleston
tMexican Central
.
•.'Mexican Bailway
MU-w. L. Shore & West'n.
Milwaukee & Northern
Miimeap & St. Louis....
Missouri Kan & Tex
.
—
& Great Northern.
MobUe &Ohlo
N.Y. Cen. & Hud. Eiv..
Int.
N.Y. Ontario & West'n.
Norfolk & Western
Northern Pacillc
Ohio & Mississippi
Ohio Elver
Ohio Southern
Ohio Valley of Ky
Peoria Decatur&Evans
Pittsburg & Western
& Ariz. Cent...
& Danville..
Va. Mid. Div
Char. C. & A. Div
1888.
1887.
$
f
2,053,160
1,396,733
1,856,4'3
532,97(1
9,350,483
2.-i 1,844
995,722
3,234,724
1,425,240
1,613.668
1,540,796
375,971
17,032,000
42,755
1,599,404
1,044,776
387,892
2,674,623
1,098,322
.595,121
314,862
357,114
300,519
1,541,820
467,639
201,686
271,255
2,189,893
5,642,991
953,122
743,821
4,036,435
179.372
636,528
1,799,251
861,857
1,934,869
Increase.
9
118,291
178,005
136,575
24,914
1,.574,73S
1,992,978
557,884
7,904,469
193,723
950,749
3,159,982
1,366,679
1,615,034
1,482.598
292,757
17,407,448
51.766
1,123,928
1,036,765
341,766
2.426,796
1,093,372
462,249
364.254
309,762
300,972
1,597,958
403,061
1,446,014
38,121
44,973
74,742
58,561
1,368
58,198
83,214
375,448
9,011
475,476
8,010
46,126
217,827
50
132,872
49.392
12,648
6,453
56,138
64,578
22ii,435
238,345
1,995,148
5,721,292
820,801
848,289
3,755.349
175.715
641,858
1,928,188
823.041
1,771,092
119,828
14,410,903
1,677,669
146,690
13,369,518
1,814,320
1,738,821
111,922
106,703
8,262,310
8,3^9,036
71,6b7
85,873
591.594
506,653
574,231
487,880
-312,6.;6
269,059
128,847
202,959
2,979,223
3,337,737
190,282
181.338
231,013
223,747
123,122
145,212
1,560,024
1.550,010
183,758
185,653
541,008
471,489
2,525,218
2,671,406
737,584
688,957
11,850,545 11,551,330
1,651.161
1,038,959
1.351,501
1,580,804
49,012
63,695
1,180,625
1,118,424
4,171,545
3,434,219
2.639,776
2,781,529
2,063,630
2,473,690
699,106
782,8^6
970.625
1,071,273
4,552,706
5,461,900
2,131,722
2,211,523
1,727,431
1,763,316
26,096,633 26,275,7H9
1,153.455
1,286,846
2,976.813
3,561,282
9,357,525
12,352,746
3,031,931
2,795,289
312,136
255,045
411,488
401,730
64,700
96,294
508,223
635,687
1,480,280
1,459,883
Decrease.
9
18,749
32,910
194,745
78,301
132,321
l64,468
281,086
3,657
5,330
128,937
1
38,816
93,423
26,862
1,041,445
75,499
5,214
12C.72()
14,206
5,059
86,353
43,567
74,112
358,514
8,944
7,266
22,090
10,014
1,895
...
69,579
146,190
48,627
299,215
7,795
2-29,303
14,633
62,201
737,326
141,753
410,660
83,780
100,648
909,194
79,806
35,882
179,168
133,391
581,469
2,995,221
238,692
87.091
9,758
31,594
127,464
20,397
Prescott
Eichmond
Col. (feGieenv. Div....
West. Nor. Car. Div
Wash. O.
At
W. Div
. .
....
Ash. &Sp. Div
St. L. Alt.& T. Haute Brs
Bt. L. Ark. & Texas
St. Louis & S. Francisco.
St.
Paid
& Diduth
& Araus.
Ban Ant.
Pass
Staten Island Eap.Trau,
Texas & Paeitlc
&
&
Nor. Mich..
Tol. A. A.
Ohio Central
Tol.
Tol. Peoria
Western
&
Valley of Ohio
.
..
Wabash Western
Western N. Y. & Peuu.
Wheeling & Lake Erie
Wisconsin Central
3,232,590
1,337,7»3
632,124
417,228
456,873
89,939
81,200
601,860
2.009,618
4,064,868
1,122,222
709,338
743,480
4,377,582
470,531
856,245
616,714
492,274
1,183,954
.
.
2,338,407
613.594
2,773,869
3,036,154
1,220,852
581,678
363,116
517,401
88,427
49,056
196,436
116,941
50,446
54,113
60,528
1,512
32,144
ii,987
673,1547
1,707,025
4,437,148
1,187,683
302,393
356,472
690,861
4,028,434
382,478
783,649
692,930
462.406
4,747,324
2,055,526
514,276
2,723,596
352,866
52,616
349,148
94.103
102,596
372,280
65,461
.
...
46.266
29,808
563,370
282,881
99.318
50,273
Total (101 roads).... 222,535,901 217,183,518 11^94,463 6,242,080
5,352,383
Net increase
Includes three weeks only of September in each year.
To Saptember 29.
J Mexican currency.
*
t
OCTOBEB
THE CHRONICLE.
18, 1888.1
1^0 tt«tars g ©jammevcial ^uflXiBli Slcujfl
late,
481
wU
operators are inclined rather to
tlian to buy.
Th«
piuse in business, however, i^ nut likely to hut. On the 0th
of October the interest on the national debt will Ite paid, and
(From oar own oorreapondent.]
will add largely to the supply of loanable capital hi the
London, Sept. 29, 1888.
market. While in a week or two more the money now withAlthough the RiiHsian and Argentine demand for gold condrawn by the India Council will And its way fa«ok Into tho
tinues, the directors of tlie Bank of England h ive not rais id
abort loan market. The probability is, therefore, that specatheir rate of discount this week. Thursday, the day on which
lation in the second week of October will be more active than
they usually meet, was the middle of the fortnightly stock
ever.
exchange settlement, a heavy one as it happens, and rathe''
Trade continues steadily to improve. The B:iard of Trade,
ditlicult, because money was scarce and dear. Apparently the
the Clearing House and the railway traffic returns all show
directors were unwilling to add to the difHcuUirs of it by ad"
this.
The banks report that in every part of Great Britain
vancing the rate in the very middle of the settlement. Besides,
transactions are more numerous and for larger amount*,
they doubtless hope that the 4 per cent rate will enable them to
while the feeling in all branches of trade ia decidedly more
keep their stock of gold at about the present amount.
hopeful. Prices of steel and iron, perhaps the beet iniicatioa
Against the considerable withdrawals there are also considerof the state of business, are advancing. The consumption at
able receipts. They hope that these receipts will continue
home is constantly augmenting, and exports are growing.
and that they may be able to get through the year without a
Large orders for iron and steel rails are reported this week.
further advance. Oa that point there is much diversity of
The Russian Oovernment is favoring a project which, if
opinion amongst bankers. Most are inclined to think that
upon
we shall have a 5 per cent rate before long, but others argue carried into execution, may have an important influence
the petroleum market. Sometime ago it granted a concession
that an advance by the Bank of Eagland would immediately
for laying down pipes between Baku and Batoum through
be followed by an advance by the Banks of France and Gerwhich
petroleum was to be pumped, and negotiations were
many, and thus that nothing would really ba gained.
Next
opened
with Eoglish capitalists for the construction of the
week the rates of interest and discount are likely to be exline.
The negotiations have at length, however, broken
ceptionally high in Lonioa, for the Council of the Secretary
down, and I believe the concession itself has lapsed. It has
of State for India, which has at the present moment between
been represented to the Russian Oovernment that the pipe
five an 1 six millions sterling lent to the outside marKet, is
line is entirely unnecessary, that the Don and the Dnieper
calling in that large sum in order to pay dividends due at the
approach one another within thirty or forty miles, that the
beginning of October and to redeem 4 par cent sterling bonds
and offers no engineering difficulties,
which fall due on the 10th of October. The withdrawal of so country between is level
and that a canal can be constructed connecting one river
large a sum is sure to make money both scarce and dear and
with the other at avofM. cost and in a short space of time.
may have some effect upon markets.
allow vessels loaded with petroleum to pass up
The following return shows the position of the Bank of This would
the oae river and down the other into the Black Sea, and
England, the Bmk rate of discount, the price of consols, &c.,
would thus bring the petroleum beds into immediate water
compared with the last three years
communication with all the European ports. There ought to
:
1880.
1887.
1880.
I88S
£
ClroalBtlon
PDblle depoalU
Other deposits
£
4,878.934
4.909,190
«4,S16.508
22.015,108
8B.I38.096
3,859,392
2J,408,441
27,997,031
14,781.400! 12,732,flOS'
!2,836,S43
17,218.048
20.7-4.7371 20.793,016
22,092,178
22,505,744
84.789.990
,
OoTemment
tecoritles
Other securities
Beserreof notes and coin...
Coin and ballton
Prop, assets to Uabilities
,
5,714,682
:2.Sl3.250i lI,87-*,536
11,812,686
12,457.598
21,200,781
21.9)8.453
41
86«
43«
4 p.
c.
10O«
retam
23,200.855
»'),80,1,240; 20,688,696'
Bank rate
ConaoU
Clearlnjc-noase
24.4S8.160
106,134,000
4 p. c.
2 P.O.
3« P.O.
101 9-16
101
87,811,000 128,762,000 105,938,000
good deal this week. I ^
Yesterday it was
43J^d. per ounce, and the movement seems to be upward.
There U still much uncertainty as to the buyers. The belief
is that both the Russian and the Spanish governments have been
purchasing, but that the largest buying has been on account
of Paris speculators.
At all events very large amounts of the
metal have been sent from London to Paris. The rise in
silver is causing the Indian exchanges upon London to advance and there is some fear that this movement in the exchanges may interfere with the exports from India. Telegrams from Bombay, Kurrachee and Calcutta report that the
quantities of wheat being sent down to those three ports for
shipment are much larger than at this time last year, notwith
The
fell
price of silver has fluctuated a
to 43d per ounce, but
is
again rising.
standing the rise in freights. It is feared that if to dearer
freights is now added dearer exchanges, the Indian export
business may be checked, unless indeed there is a corresponding aivance in wheat prices in London.
Messrs. PLxley & Abell write as follows on the state of the
bullion market
Gold.— AH arrlv<il8 of gold have been purchased by the Bank of
Englaiul, lailin;^
any oulside
Inquir.v,
and tho
China,
je.j
The weather seems to have changed again. Both Tuesday
and yesterday were wet. Wheat, except in the most backward districts, is now all cut, and a very large part of it is
secured. As the grain is damp and soft, the greater proportion of the harvest has to be stacked in the open fields and
left to dry, being thatched to protect it from the weather.
Where this has been completed no harm will be done, but
where it is not completed the damage already done may
be greatly aggravated. Last week, in consequence of the'fine
September, there was a downward movement in prices in ip7
towns of England and Wales, the average price, according to
the London Gazette, being about 9 cents per bushel lower than
the week before. This week markets have been firm and at
the close there is an upward tendency. The change in the
weather, if it should continue, will have a greater effect upon
barley and oats than upon wheat. Even in the South of
England the cutting and ingathering of barley are not yet
completed, while further North, in Scotland and in Ireland,
The unfavorable
the harvesting is still more backward.
change in the weather, if it should continue, would once
more renew fears regarding barley, and probably would lead
to a further fall in brewery shares. The oats harvest is even
more backward than barley, and unless October is fine much
of
it,
especially in the hilly districts,
lius bei.-n withdrawn.
Arrivals have been :
1.0 10; Niital, £12,000; Australia, *93,000 ; Washluit-
*<)7,00J has been shipped to India
ton, «rjo,O00; total, £'.J7H,00
in the steamers leaving 21fit and 27th inst.
Bilvor.— Towards the end of last week the demand for silver which
to lUd
baa lately existed entirely stoppeil, and ihis led to a fall of
on the 2.'>lh instant. Th»i TnUm quoted were entirely nominal. With
bettor exclitmires from India, iiutuiiirs were made for silver, but Willi
nosiK'i-ess.
t«-day (iaoto4;iil nominal. Arrivals have been: From
New York. £10.">,000. Shlpnieuto were: To Bombay, £55,000 to Calcutta, .£10,000.
.Mexican Dollirs have generally followed silver aad have t>een quite
•.
im
Wo
;
nominal.
Business in the Stock Exchange has been less active th's
week, owing chiefly to the fear that money for some little
time to come will be both scarce and dear. The fear is due
mainly to the action of the India Cjuncil, referred to above,
and as prices in all departments have risen considerably of
may not be
The following shows the imports of
fit
for cutting.
cereal produce into the
United Kingdom during the past four weeks of the season
compared with
last
total so diaiwsed of is
*442,000, while i;a08,000
From
be no difficulty in obtaining the capital necessary for the
construction of the canal, as the petroleum is very valuable.
In specific gravity it is intermediate b;tween the Pennsylvania
and the West Virginia petroleum.
Wheat
owt.
season
:
IMPORTS.
1887.
1888.
5.137.913
4,576,660
Barley
78S,6'J7
931,666
OaU.:
1,425,883
124,-20
242,100
2,227,461
1,333,186
1,042.919
189.379
Peaa
Beans
Indian corn
Flour
180.3!>l
1886.
4,760.652
1,414,13*
l.»22.2»5
136,378
„ 18J.357
2,234,211
1.350,209
1,773.^03
1,463,080
1885.
5,748,743
l,012.43a
993.968
145,794
396,036
1.904,101
854,0J8
SnppUes avaihible for consumption (exclusive of stocks OB
September 1):
1885.
Imports of wheat.cwt.
Imports of Hour
Bales of home-grown.
Total
1888.
5,137.913
1.383,186
1,227,517
1887.
4,576.^60
1,40S,«86
3,915.442
1886.
4,760.652
1.350.209
2,240,074
3,384.089
7,748,616
9,'55.788
8.350,935
9,986,934^
1888-9,
34*. lid.
week
Aver, price wheat
Aver, price wheat ....sesson 36s.
.
.
9d.
1887-8
988.
29a.
9d.
id.
S,748.74S
854.099
1886-7.
1885-6.
308. OtL
31a. lOd.
308. lOd.
31*. 3d.
THE CHRONICLE.
432
BnKllsb Financial raarKets— Per Cable.
The daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending Oct. 13:
BUver, per oz
<i.
Consola.new 2S4perct8.
for aecouut
do
IVoh rentes
(in Paris) fr.
U. 8. 4>28 0f 1891
U. 8. 48 of 1907
Canadian Pacific
&
Mon.
Sat.
Xiondon.
43
43
9«15iB
9718
9G15i8
82-40
IIOI4
131'8
58%
Paul.... GQifl
3038
£rle common stock
lrO"'9
Illinois Central
57 J«
Pennsj'lvania
PMladelplila & Beading. 2733
11238
New York Central
Chic. Mil.
St.
Thurs
Wed.
Tues.
43
97 14
97 la
973a
Amount outstanding October
Fri.
43
Amount di'po.sited during September
Amount reissued & b'nk notes retir'd in
Amount on
54,741
1.
1888
$88,045,042
'Circulation of national gold banks, not Included above, $191,597.
According to the above, the amount of legal tenders on
deposit October 1 with the Treasurer of the United States to
redeem national bank notes was 183,045,043. The portion of
this deposit made (1) by banks becoming insolvent, (3) by
banks going into voluntary liquidation, and (3) by banks reducing or retiring tlieir circulation, was as follows on the first
of each of the last five months
Deposits by-
June.
1.
July
1.
August
1.
Oct.
Sep'. 1.
following are the imports at New York for the week ending (for dry goods) O !t. 4 and for the week ending (for
general merchandise) O^t. 5 also totals since the beginning
of the first week in January
FOREIGN IMPORTS AT NEW YORK.
1.
1,116,503 1,13.5,883 1.098.179 1,081,359
Llquid'K bks, 7,130,011 7,012,738 6,9.11,804 6,812,769
Red'c'g uudr
act of '74.* 86,222,479 81,369,536 82,470.337 80,195.655
80.271,846
94,168,993 92,517,977 90, '560,370 88,099,783
88,015,012
Insolv't bks.
The
previous.
1,099.733
$3,004,895
3,039,636
S.;pt.
deposit to redeem national bank
notes October
--is
two weeks
2,823,545
$243,409,950
deposit to redeem national bank
notes Septemlier 1, 1888
979,8
977,a
97.1,6
977,,
97%
975s
82-25 8<!-22>a 82-471^ 82-47ifl 82-35
110--4
1101-2
1101-3
1101.2
llOia
13178
ISl's
130% I30I3
ISl^e
59 14
59 14
5919
58=8
587e
(8
6834
e8-\
6838
30 14
2978
3014
3018
30 lo
12013 12034
12034
120%
1201a
57 16
5714
5678
57
57
27I3
27
27
27=8
271a
11218
11178
xlllia
112
lll^S
$6,773,571
1888*
Legal Tetufer N'otes—
—
week and
1,
$246,233,495
$551,020
3,074,565
Amount on
43
Imports and Exports fob the Week. The imports of last
week, compared with those of the preceding week, show a
decrease in dry goods and an increase in general merchandise.
The total imports were $7,811,178, against |8, 495,101 the preceding week and $8,371,193 two weeks previous. The exports
for the week ended Oct. 9 amounted to $5,887,711, against
$7,196,743 last
[Vol. XL"V1I.
yalional Bank Notes—
Amount outstanding September 1, 1888.
Amount issued duruiK Bept*'mber
Amount retired durlug Septc'jjber
Total
*
1,03.5,903
6,737,393
Aot of June 20, 1874, and July 12, 1883.
;
1885.
For Week,
Dry Goods
Qen'l mer'dise.
Total
Siitce
Jan.
1887.
1886.
1888.
Dry Goods
*2,418.384
7,033,352
$2,174,631
4,914.603
$2,284,130,
6,621,409
$2,000,151
5,811,027
¥9,451,736
$7,089,234
$8,905,539
$7,811,178
$79,857,342
215,881,067
593,212.463
241,890,090
$98,504,388 *102..579,0fi0
264,629,068 257,473,248
Total 10 weeks. $295,738,109 $335,103,553 1^363,133,456, $360,052,308
The following is a statement of the exports (exclusive of
from the port of New York to foreign ports for the
week ending Oct. 9, 1888, and from January 1 to date:
EXPORTS FROM NEW YORK.
specie)
Frer. reported..
1885.
1886.
1887.
$6,475,079
246,637,503
$5,989,807
236.601,297
$6,286,02 J
231,633,709
1
company
and
will this
retired so far
219,236,9-5
The following table shows the exports and imports of specie
at the port of New York for the week ending Oct. 6, and
since January 1, 1888, and for the corresponding periods in
1887 and 1886.
EXPORTS AND IMPORTS OP SPECIE AT NEW YORK.
Export*.
Importt,
Gold.
Great Britain
France
Since Jan.X.
$2,250
Week.
$6,394,030
21,900
.Since Jan.l.
West Indies
Mexico
29,702
5,038,370
110,469
$1,968
2,695,304
1,036.S67
1,207,067
Bouth America
12,r,io
434.932
732,288
3,675
5,614
230.1S
238,101
$49,46'2 $18,944,545
I4.47O1
6,402,865
25,7471 37,246,471
$119,758
$5,447,674
2,092,747
27,66H,il94
314,559
13,198,729
Germany
6,322,97.1
37,>j7S
All other countries.
5,000
Total 1888..
Total 1887..
Total 1886..
Exports.
»
Importt.
Silver.
Week.
Great Britain.
France
Germany
West Indies
Mexico
Bouth America
All other countries...
Total 1888..
Total 1887.
Total 1886..
Since Jan.
1.
Week.
Since Jan. 1
$3CO,250
12,700
$8.784,7.53
380,259
22,568
160,550
6,466
17l>,468
2,600
58,522
614,757
10,684
801
27,883
22.831
902.334
$375,850 $10,021,409
$17,951
37,066
27,297
$1,365,841
1,515,3)0
1.427,968
300
263,9041
113,9951
8.837,516
7.890.913
$44,631
112,054
85,593
Of the above imports for the week in 1888 $114,572 were
American gold coin and $150 American silver coin. Of the
exports during the same time $32,217 were American gold
coin.
Bonds Held to .Secdrb the National Bank CrRctiLATioN
Will NOT IIkreafter re Bought. -Acting Secretary Thoran.sou on
Oct. 11th issued the following: "Notice Is hereby given tlmt until
otherwise ordered the .Secretary will not accept offers of bond-j that are
held as sccut-ily for national bmk eirciilation. The offers already
accepted are fuund to Include bonds to deposited to an amount wliioU
exhausts tile three million limit f.ir the mouth of October and will
nearly or quite absorb that for November If the bauks debarred from
the October withdrawiils are willing to loie the interest between this
time and November
1."
Changes in Legal Tenders and Na'honal Bank Note."" to
Oct. 1.
The Comptroller of the Currency has furnished
us the following, showing the amounts of national bank notes
September 1, together with the amounts outstanding October
1, and the increase or decrease during the month; also the
changes in legal tenders held for the redemption of bank
notes up to October 1
—
last weak retired $4i5,000 collateral trus- bonds
week retire $425,001) more, miking $1,803,033
and leaving $6,700,000 outstanliag.
& Texis.- G3n. Fitzgerald, President
of the Mercantile Trust C \. states that by ttie recent arrangeire
Texas Co. will receive a little
ment the S*:. L. Ark.
than $3,000,000 in cash, which will provide for tae Nov. inThe memterest, the floating debtantl,t!ie needed new rails.
bers of the commit.ee were incorrectly given last week
they are now M's^rs. George C )pp'^ll. N. Garnsheim, L)uis
,uld.
Fitzgerald, Russell Sage and George
Louis .Arkansas
m
&
G
1888.
*5. 887,711
lotal 40 weeks. f253,ll-.',582 $212,651,104 $237,919,732 $225,124,606
Week.
:
this
St.
For the week....
<&
foil
;
1.
Qen'l mer'dise.
—
Mississippi. At the annual meeing in Cincinnati
iwing directors were elected F. P. Dimpfel, of New
York F. W. Tracey, of Springfield, lU., and G.orge S. Morison, of Chicago.
Kichmond & West Point Terminal.—It is stated that
Oliio
the
Paul & Dulutli.— An issue of $),003,03D 5 per cent
second mortgage bonds wos autborized at the annual meeting
in 1837. and the bonds were listed and sold to a syndicate last
July. The syndicate, it is said, has been offering some of the
boniis lately, and their first appearance probably led to the
report of a new issue. The earnings for the month of Septem •
ber were: 1888, $163 181; 1887, $185,511; decrease, $-33,330. The
decrease in gross is due to the loss of business formerly
obt'iincd from the Manitoba Riilroal by way of Hinckley,
which now goes over the Eastern Railway of Minnesota, an
offshoot of the Manitoba Road
Wabash. At Chicago, October 9, Messrs. E. Poppr, S. J.
St.
—
H
Purdy, the comnaittee appointed by the
Johnso-i and J.
opp sUion holde: s f the Wdbash fir^t mortgage bonds, finished
Mr,
their investigation of the road's books and accounts.
Popper eaid that his c-Dmiaiittee represented about; $3,000,000
of the total issue of the firsts, and that they propose to fight
The alleged ground of their oppott e planof reorganizition.
sition is that the divisions of the road on which their bonds are
secured earn their fu'l inter. 3':, and they think that they
should have the benefit of it.
In New York, it wa* said on behalf of the reorgan'zxtion
Committee that it is true there areabout $3,500,000 of the first
morigaaes who oppose the plan of reorgan'zation an 1 are
<loitig all they can to obstruct foreclosure proceedings, but
while they will neceesirily delay, they cannot defeat, the consummation of the plan of reorgan zition. It is understood
the m»tter will come up before the U. 8. Circuit; Court in
.
I linois
next week.
—
Auction Sales. The following were sold
auction by Messrs. Adrian H. Muller & Son
Knick'rb'k'rFlrelns.Co. 70
llOia
City Hre Ins. Co
Rutgers Fire lu.s. Co ... 121»a
Corn Exchange Bank... 210^3
Market National Bank.. 176
Continental Nat'l Bank. I'ZoM
National Citizens' Hank. 143
Mauhat'nCo. B'k leo'a-ieou
N. Y. E(p\itable Ins. Co. 169
1.50 Citl/,'us'FireIu.«.Co.ll4-114'«
15 Bilierty Fire Ins. Co
80
•20 Pennsylvania Coal Co.. 297'ii
93 Citiz'us'GasL'tCo.,Bkln
52-53 1»
174'a
24 Bank of America
213 Gallaiiii Nat. B.auk
24 Manhattan Bank
25
81
10
62
12
14
50
120
ino
at
Shares.
Shares.
80
15
60
50
24
25
100
206
27
recently
238'i!
161
N. Y. KquitaldB Ins. Co. 171
Pennsvlvania (;oal Co] 288
Bost'n&Prov.RK. Corp. 241
.
Cent. RR,&B'k;.'Co.of«a 121''%
Chic. & (Jr'd Tr'k R'y Co.
GHi
Eighth Avenue RR. C
148
231ia
N. Y. .t llariem, profd
U. S. TnHtCo..599-605'9-60t)
Pheni\ National Bank 130%
200 Farmers' Loau fcTr'stCo 515
1
.
.
75 Bowery National Bank. 22514
488 Phenir National Bank
130-130 '4-131 14
733 Lehigh & Wilkeo.Coal Co 31i«
300
Mec-hanics' Nat'l Bk...l71's-%
'-34
of New York
40 Bank
10 N.Y. Prod. Exch'nge B'k 110
6
62iaLitrlcR.&M.-m.RR.Co.
300 Tradesmen's Nat'l B'k.. 103
Jlond*.
.$7,000 MobileC'v (State .Via,)
43 until 1901, 5s until 1906
78'8
$1,500 Northw. Grand Trunk
lOG'*
R'r Co., 1st 6s, 1910
$33 30 Chicago & Gr'd Trunk
U'y Co., com. stock scrip $2 lot
$25,000 Menominee Riv'rRR.
131'4
Co. 1st Ts. 1906
$'>,00n O'd Dnin S8., 6s,'91. 97
.'i!5,000 Old Dom. 88., 6s '99. 102"4
$10,000 Columbus & Xenia
10538
RK. 1st 78, 1890
$14,000 Cino'mUl73ios. 19
131ifl&int.
$6,000 St. Louis Ore & Steel
46'4
Co. 1st 6s, 1917
:
.
'-2
October
THE CHRONICLE.
13, 1888.]
The
Prime bnnkem' nterllos
Prlmn <-onitn4*rctul
The foUowliiK dividends bare reoentlr been anDoanood
rer
WHon
BooKt Ulona,
Kame of Oompany,
(Day inelutive.)
Payablt.
Louis
Whcurg
2'a
Oct.
1
Nov.
l-ll
V (monthly).
:
BTK
1
I
'
lll:ir.)
WAL.!.
,.
,
4 8>l>i9i
•"•*•••
*i\
24N*a %i\
Purlrt (rraiicH)
ft
8»
SSONMSO
401 1«* 40i«
94%* 94^8
*0Ut4n»i»
•5U*baH
1
Out.
2.'>
Nov.
If
IDAY. October
Oct.
Oct.
10 to Nov.
l.'i
to Oct.
Coins.—The following are quotations in gold (or various coins
Sovcrclinis
<14 S4
»$4 87 Klnanllver ban.. — 91 9 — 99
1
NaiKiliMJiiH
— 92 * — 9ft
25 X .\ i;i>irlimarka.. 3 86 a 3 90 Five fraiion
4 74 « 4 80 Mexican ilollnm.. — l\^l» — 76
26F«Hetas
4 80 « 4 f<5
Do unooiumero'l — 74 a — 75 «
ISOH-i P. RI.
The Moner Market aud Financial Situation.— The main
feature of the past week hn.s beea its relative quiet and
iC
4 84 'a
4 82''j<«i nn
31 Oct. 2t to Oft. 31
15 Oct. 25 to Nov. 15
Nov.
Or.;
DMMMT.
MsiyOav*.
on London..
Praiikrorl or Hreiuon (relohmarka)
•!800 prof...
Iiref. (<iuar.)
A
bills
4 S2'-..«4
RiitlrtKulH*
Bt.
rates of leading bankers are as follows:
OeXober 13.
UIVIDBNDSi
Cent.
488
I'i,
Span'h Doubloons. 15 55
Hex. Doubloons.. 19 59
Finefculd burs....
par
'915 70
-319 70
-aiiproni.
Peruvian Hols
Kiigllah Kllver....
U.S. trade dollars
—74 » — 76
4 80 9 4 85
—71 9 ....—
—
United states Bonds. The business in Government bondsthe general lack of animation througliout the financial has been larger than usual during the past week, particularly
markets. The largo offerings of Government bonds to the of the 43, which declined on Thursday, owing to the refiusl
Treasury and tlie heavy purchases made have given promise of of the Secretary of the Treasury to purchase the large offerings
ease to the money mirkct, not only in the immediate disburse- «f the day before at 129,
The acceptances by the Secretary
ments for bonds taken, but also in the prospect that at the have been very large, however, being by far the largest total
prices now reached there will be bonds enough offered in the in any one week since the purchases began.
On Monday it
nezt few weeks.
was announced that the requirements of the sinking fund for
In railroad affairs there has been no new event of import- this year had been met, the total purchases since July Ist^
ance, and at the Stock Exchange business has relapsed into a amounting to |18,721,976, having been applied to this fund.
condition of dulncss. The different stocks are settling down The statement for this week is as follow^)
to a more reasonable basis, after the wide fluctuations that
have taben place so frequently ever since the St. Paul divi4 Per Omtt dtu IM7.
4ii Per Cento diw ISSl.
dend was passed, and operators are beginning to take a more
offcrlngt. \Pureh'ei. Prica paid.
OJerUidt. Pureh'a
PrlcttpaM.
rational view of the situation, and to weigh more carefully the
tl.lSiS.OOO. t485,0C0
129
ia8-108!4
41.571,400 (1,411,800
real value of different stocks as based on a fair estimate of the Saturday
2,881,700 «,811,700 108M-108X
1,970,750 1.680,5:0
I28-13»MondHT
. .
respective properties.
As to the railroad negotiations and settlements that are yet
pending the East Tennessee lease will presumably be adopted
the appointment of Messrs Cross and EJdy as receivers of the
M. K. & T. is not in the interest of either faction, and according
to the best accounts is a good appointment; the mysterious
New England remains as dark as ever to
deal in New York
the outside public, and among the various rumors floating in
the air none crystallize into matters of fact; the Wabash reorganization has a shade ot uncertainty hanging over it so long
as the opposition of some f3,500,000 of flrst mortgage bonds
remains active, and a rulin» of tlie Court at an early day will
probably be necessiry to bring things to a point.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 2 to 5 per cent,
and to-day the rate^ were 8@3J per cent. Prime commercial
paper is quoted at 4|@5J per cent.
The Bunk of England weekly statement on Thursday showed
a gain in specie of £329,000, and the percentage of reserve
to liabilities w.is 34'2(i, against 33'78 last week; the discount
The Bank of France
rate remains unchanged at 5 per cent.
lost 14,975,000 francs in gold and 8,450,000 francs in silver.
The New York Clearing House banks in their statement of
October C showed a decrease in surplus reserve of $3,339,675,
the total surplus being |11,417,500, against $14,757,175 the
—
&
previous week.
The following table shows the changes from the previous
week and a comparison with the two preceding years in the
averages of the New York Clearing House banks
1888.
Oe:
6.
Difffne't fi'm
Prer. Wttk.
1887.
Oct.
8.
1886.
Oct
9.
$
60,702,700
40.818,200
Capital
Surplus
Iiwne and
dlsc'ts. 3!) i,H.'1t!,4'iO Inc .4,029, 100;348.18.-i,700 343.7."^0.900
Boeole
Circulation
Het
dtpo.sita
IiSgal tenders
liegal reserve
Beserve held
BarploB reserve...
74,974,500 75,690 SCO
8,18:>.4fi0
8.113,300
350,374,200 349.H24.800
29.705,300, Dec.l,0o4, 00 20,731,800 16,813,200
103,190,710 Inc. 1,011, 975 87,.593,550 87,481,200
114,608,200 Dec.2,327, 700 95,706,300 92,540,000
84,H02 tt'jODec.
0.517,900 Dec.
4-2S, .'itiO
321, 100
•ll2,7CJ,8i.'0 Iuo.4,Ol7, 900
11,417,-50 :i Dec. 3,339,675
8,112,750
5,058,800
Exchange. — Sterling exchange has been dull all the week,
there having been little inquiry beyond the regular requirements of trade. The market has been rather weak in consequence of the dulness and also a slight increase in the offerings of commercial and security bills. Actual rates are a shade
easier, and the posted rate for short is \z. lower.
Posted
figures to-day are 4 84i and 4 83^.
A shipment of half a
million dollars in gold was made, but it had no significance as
an exchange transaction.
To-day the rates on actual business were as follows, viz. Bankers' 60 days' sterling, 4 83^^84 84; demand, 4 88®4 88i.
Cables, 4 88i ' 4 88}. Commercial bills were 4 82i@4 82 J. Continental bills were: Francs, 5 23J@5 23i aud 5 21i@5 204; reichsmarlcs, 94}@ti4J and 95J@95| guilders, 40@40i and 40^.
The followiug were the r.ites of domestic exchange on
TTew York at the under-mentioned cities to-day: Savannah,
buying \ discount selling \ di8C0unt®par Charleston, buy:
;
;
ing J discount; selling ^ discount; New Orleans, commercial,
fl 25@fl 50 discount; bank, par; St. LoiUB, 75c. discount;
Chicago, 70c. discount.
Tuesday
Wedn'sday.
3.4»;!,1S0
Thursday..
Friday
1,303,0001
Total.
.
..
2.000,000
613,000
2,000,000
19.081,890 12,491,350
SlnceAp.23
The
2,843,190
4,338.9*0
4,330,900
|32,«3I,750
4VM, 1891
reg.
1891
1907
coup.
4s, 1907
6», cur'oy,'95
08, our'cy,'96
68, cur'cy, '97
68, our'oy,'98
gs, our'cy,'99
coup.
4>«8,
*
10»-106^
I0e)«-108M
4,738,700
129
4,833.200
9,917,800
6,491,900
S,S82,100
87,081,350 t7,S24,500i
91,'!04,700l
US-ISS
1M-70-13»
closing prices at the N. Y. Board have been as follows
Interal
Periodt
48,
108X
lOSW
108X
108X-108«
This
Is
reg.
Oet.
9.
Oct.
6.
Oj<.
0.
Oct.
Oct.
Oel.
lu.
II.
12.
r
*108ie * 10818 *103U •108 14 108M: •108 14
'108"8 *108i8'*V08i4 •IO8I4' 108 14I 108 14
128'* 127 \
1.19
129 '129 '129
12818 127 5»
129 •129
139 •129
«121
•121 •121 •121
121
12:
-I23I3
*123>-2 •123
I2313 I23I3
*120ia *121
•1261a •1201-j '12«ia 126I3
*128i-2 *128
128 "a •12813 12313 I23i«
•13119 '13112 131l9> 131 1»
*131»3 •131
!
I
—
reg.
reg.
reg.
reg.
reg.
I
the prloe bid at the morulnic board
;
no lale was made.
—
State bonds have been more
State, and Railroad Bond8.
active, with brisk dealings in Tennessee settlement bonds as a
Prices do not fluctuate to any great extent.
feature.
In railroad bonds the business has been moderately active,
so well distributed over the list that there has been no
Prices have been irregular and
feature of special importance.
some bonds unsettled and inclined toward weaknesf, while
others have presented a strong front, with an improving tendancy.
and
Railroad and Miscellaneoiig Stocks.
— T4.e
stock
mar-
during the past week has been rather uninteresting.
There have been no developments or features of special importance, business has been quite dull, and the fluctuations of
The
prices, except in a few cases, have been insignificant.
market started out on Saturday, the 6th, weak and declining,
with the bear element in the ascendant, but there was no severe decline, and ptices showed a fair degree of strength
There was another spell
in recovery early this week.
weakness on Wednesday, in sympathy with the
of
Boston market, where Atchison was sharply depressed
and freely sold. New England was sold here very freely and
declined to 49i, from 51 J at the opening. This had an unsettling effect on the general market, but it did not last, as
prices have since shown some strength on a small volume of
business.
Atchison recovered sharply at Boston on Thursday,
selling up to 74i, and New England advanced here, giving a
firmer tone all around.
Next to New England, St. Paul has commanded the most
attention, the dealings in it having been relatively large, and
The rest of the
the fluctuations wider than in most others.
grangers have moved in sympathy, though the changes^ in
none of these have been important. Amang the Vandcrbilts
Lake Shore is still the leading feature, and after the early
weakness showed rather more strength than the others ot its
group. The story of the Vandcrbilts buying has been revived,
it being rumored that they have been large sellers of GovernTo-day, Friday, the
ment bonds to the Treasury lately.
market was Arm on a small business, and there was quite a
movement in E ist Tennessee 2d preferred, which closed at
preferred, closing at 70;
27i, and Richmond & West Point
Luke Shore closed at lOSi, St, Paul at 67 and New England
ket
at 514.
THE CHRONICLE.
434
STOCKS-PRICES AT
[Vol. XLVII.
STOCK EXCHANGE FOB WEEK ENDING OCT.
N.Y.
AND SINCE
12,
HIGHEST AND LOWEST PRICES.
STOCKS
Monday,
Saturday.
Oct.
Oct. 6.
Active
RR.
Stocks.
9H
Atiauticfe Pacitio
OanacUau Pacitlc
Canada Southern
&
O., reorg. cert.
Do let pref.
Do 2d pref.
reorg. cert
reorg. cert.
&
Chicago BurUngton
55 12
90I4
•35
201a
17 13
*19
Central ot New Jersey
Central Pacific
•Chesapeake
571a
55
Oot.
8.
9I3
*9i6
914
*56i3
Tuesday.
9
56I3 571a
57
55I4
9012
5538
541a
89% 90
9012
'3513
201a
171a
I814
36
20^8
171a
I
9.
Oct. 10.
I
2018
20''s
I8I4
ISI2
90 14 9038
35
35
9114
2018
I8I2
IS's
H4
19%
2038
18
18
18
18
Oot. 11.
9
43%
I
I
,
Do
75
1st pref.
2414
117
Ind. Bloom. & West
Klngstouife Peml)roke
*18ia
18
•32
94
95
118
18
Lake Shore & Mich. Southern.
Long Island
& Nashville
New Alb. Chicago...
LouisvUle
<fe
Manhattan Elevated, consol..
Michigan Coutral
Mil. Lake Shore & West
59%
6OI2
41
44
96
9018
96^8
9018
50
56
50
88
6%
16%
88
92
-6% 8
pref
& St. Louts
pref
Do
Missouri Kansasib Texas
Missouri Pacitio
Minneapolis
89
25% 26
•86
!
2414,
9
9%
9
9
83
83
I2I3
12
82%
80%
Mobile* Ohio
lOij
III4
Nashv.Chattauooga&St. Louis
83
84
6%
6%
10
18
121a
811a
'96"
55
90
12
81%
10
83
83
77
76
76
Do
jiref.
_
106
lOi 106
Oregon Railway * Nay. Co...
95% 95 %l •93% 95 14
Pacitlc .Mail
37% 38% 37
38
Philadelphia Co., Nat (iaa..'.'.
81% 81%' 80
81
Pullman Palace Car Co
173% 175 17334173%
Western Union Telegraph
85% 86% 85% 86%
American
United .States
Wells, Fargo & (Jo
Iiiartlvo stocks.
A.merlcan Tel. & Cable Co
At<^his<)ii Top. * Santa Fe
•Qncinnatl Wash. & Baltimore.
Do
pre'
Houston &Texas Central....
& Northern, pref
N. Y.
Ohio Southern
Oregon Short Line
'>o.
*
81% 81%
75% 76
•214
•4 -4
prof.
Alleghany, as.s. pd ..
Bt Louis Alt * Terre Haute
Bt Louis Ark. & Texas
Toledo & Oliio Cent, pref ..
Oolumbus * llockiua Coal
Tennessee Coal * Iron
VarluUK Stocks, dec. (Unl
Aiuer. Cotton Oil Trust
Pipe Line Ccrtitlcatos !
3
5
39
34
150
•214
•414
9%
39
11% 11%
52
55
24
31
24
31
is ted.)
150
110
81
•140
81
23
13
9%
•38
45
50
,
8I14
74
27
66 14
•48
27 14
91
91
31% 32%
31
72% 73%
72%
112% 114
112
83
83
43
44
30
2%
5
81
66%
51%
'
110
17
10
36
20
21
9%
38
16% 14
46
50
2t%
3I14
31
153
26%
60%
33
16%
16
145
16
•8% 10
72%
45
45
23
23
31%
31% 31%
235
15
1534
28% 29
61% 61%i
I
8II4'
3,200;
74
3,0)0 103
74
105% 105%'
94
94%
38
38
82
82
I
153
111
80%
140
•214
414
•14
•JO
•16
34%
150
•9
153
112
82
145
81%
74%
3
5
20
23
17
36
153
15
47% 15
9%
11
60
23 I4
56"' "li%
60
22%
31 14
31%
31% 31%
790 45
101 14
3i.=>
32
Mar.
Apr.
Apr. 3 116%
Mar. 29: 61 34
Mar. 29 105
Apr. 2 114%
Juno 6 26 34
July V 25%
Apr. 2 63%
30%
68%
35%
Miir.
4,070 28 % Apr.
1,615 75 July
1,482 13514 Apr.
5U,710| 70% Apr.
118 137
15 106%
879 67
128
16
Oct
1
July 19
Aug. 4
Jan. 28
Jan. 23
Sept
Aug.
Oct
Jan.
30
May
62
Oct
Apr. 2 38%
Mar. 29 83%
Jan. 3120
Mar. 9 77
July 2 107%
466 SlUApr.
Sept. 11
2n%8eptll
Feb.
12
21
8II4
118% 118%'
Jail.
64
28% Oct 1
54% Sept 8
27 % Oct
2
6 79% Oct 12
13 94% July 25
36% Jan. 5
2! 74% Oct
5
27
Mar. 24
44%Jau.
3
6,979]
2,9^5
10,955
5
29%S.pt 11
24
63
18%
3,400
172% 172%
85% 85%
I
3,195
]35
2,610
6,815
1
19
82%
105%
35%'
i
,
1,35U]
5,020]
22
62%' 67,413 48
16
•10% 11% 11
•50
,50
60
2234
62
38%
60
Mar.
26 Apr.
15% Mar.
41% Mar.
19% Apr. 3
4234 Mar. 31
17% Mar. 27
17 14 Apr. 2
1534 Apr. 2
4334 Xag, 13
19 Apr. 2
11,980, 55
103% 104
21% 21%'
21%
1
Sept 12
28 11% Sept 12
2 37% Sept 29
21 23 14 Sept 13
31 58% Sept 19
June 13
7%
35
2?,039
2,700
173,935
46,730
44
47%
98% 93%
15
15
1
14
600
31%]
73%'
113%]
38% 33% 36
43
48
2,025
1.675
2,
20
30%
112
2%
1.53
3614^
3014
81% 81%' 81
74% 74
•15')
1,214
24
70
•1%
4I4
750
200
17
10%'
21
3II4
104
I
38H 38%
:00
]
92% Oct
12
11
83
2,745
1,115
27% 27 14
53% 54%
26% 27
77 14 79%
•88
90%
32
73
114
5
5
14 19
18
•20
23
23
17%' •16% 17
33 14! 31% 34%
150% 150%
10% 9% 10%
38
140
81
81%
67% 69%
1% 2%
•4%
340
100
56% 56% 11,937
20% 26% 2.041
60% 60% 36,910
56
81% 82%
145
44
Apr. 2
June 18
25
9
80 Jan. 10
Mar. 271104% Jan. 5
3% Mar. 28 9% Apr. 30
9% July 6 13i4Apr. 30
10 June 11 18% Jan. 5
67% June 12 89% Jan. 3
6 % Mar. 29 13% Jan. 27
71 Apr. 2 85% Sept 4
102% Apr. 2 111 Sept 28
12% Mar. 31 20 Oct 1
6l%Julr 6 76% Oct 4
1
28 Mar. 31 44% Oct
22% Mar. 9 30% Oct 1
55
83
2i
I
16%
10%
35%
150 155
•110% 113
82
72
48%
95 June
64 14 Jan.
45 Oct.
Juno 12 98% Sept
Aiir.
Apr. 2
Apr. l"
25,895
29% 30
66% 66%' 2,350 52% June 13! 67% Oct
51% 52 179,125 29% Mar. 22, 53i4pct
24% 25
24% 25
21% '23% 21%
61% 62% 61% 62%
I514 15% •15
15%
28% 28% 28% 28%]
60% 61% 60% 6II4
34
34% 31% 35%'
81 '4
81
81% 81
117% 118
11314118%
•74
76
75% 75%
I
77%
4,700
2,420
11% 11% 1,780
24,220
82% 81% 82
11% 10
11%
49
53%] 48% 48%
98% 98%l 96
93
102% 102% 102
87%
50%
910 30
89 91%
•6%
8
14 18
29% 30 14
27
27
53 '4 53%
25% 26%
77
77%
90% 91
53% 54%
25% 26%
76% 77 14'
14 20
18
20
23
16% 17% 16%
10%
23% 23%
31
31%
81
145
71
39
I
60
29%
65%
49%
10%
10%
152%' >150 155
•110% 113
113
81)4
1%
4I4
3
5
33 14 3314! 33
151 153
150
15% 15% •15
.
'
81
155
112
81
145
73% 74
15 17 15
21 23 20
16% 17% 16
9
Quicksilver .Mining Co
Klch.
]
34
150
Ft Wayne *Chio
Pitts.
150
IIUI4IIOI4I 112
80
81
80
•140 145
140
89%
76%'
105 105
104 106
104 106
•93% 95
93% 93% •94
95
38
38% 37% 37% 37% 38
80 82
82
83
32
84
172 14 172 '4 17214172%
173 173
85% 86 14 85% 8ui4 85% 85%
I
150% 153
42
29%
29% 30%
•75
ExpresM Stocks.
A.dams
76
44
16% 17
10% 10%
35% 35% 35 14
19% 20 14 •19%
55 14 55%
55%
26% 26% 26%
59% 60%] 59%
24% 24%
117% 118%' 118>4 119
76
104
97
100
10,455
108% 108% 108%
18% 19
19% 19%
75% 76
75% 76%
49% 51%
I,
(
8214
18% 18%
.
»».
117%
118
43%
18
12
6%
12%
93% 93%
60% 61
45
44
96% 96%
89% 90%
61
•16
12
8II4
66I4
1
I
94%
8
13
29 <4
1
j
•16
•43
505
5,766[
I
55
92
74
1
2,115
11414114%'
108 14 10814 10814
.
7% Apr. 3 10% Jan. 10
55% June 11 62i4.Ian. 3
45% Apr. -a 57% Oct. 1
6,845 73% Apr. 2 91% Oct.
1
410 26% Mar. 26 37% July 30
2,493 11 July 17 22% Oct.
1
940 10% Aug. ll 20% Oot. 1
9
51%
•88
11% 10
82% 82% •82
New York Central & Hudson 10838 10813 IO8I4 108% 109 109
18ia I914 19
19
New York Chic. & St. Louis.
19% I914
•74
74 76
Do
Istpref. •74
76
77
Do
2d pref.. 43 la 44% 42% 43% 43
43
29% 29% 29%l
Hew York Lake Erie & West'u 29
29% 29
Do
pref.
65 >4 66 14 66
66% 66% 66=4
51 14 52%
New York & New England
51% 52% 51% 52%:
New York Ontario* West
161a 17 14 16% 17
16% 17
lOia 10% 10'4 1014 IOI4 10%:
New York Susq. & West«rn.
Do
pref. 35% 36
35% 36% 35=8 35-'8
18% 21
Norfolk* Western
20 '4 20 '4;
20
20
Do
pref
51=8 55%
65 "4 55% 55>4 55%
26I3 26%
Northern Paoltlc
26% 26=8 26% 26%
59 14 60%
Do
pref
59
59% 59% 6OI4I
Ohio & Mississippi
24% 24% 21% 21!^'
Oregon & TniuH-Continontal..
29% 30% 29% 30% 29% 30%
Peoria Decatur & Evausville.
27
27% 26% 2714' 27
27%:
Phila. & Head. Vot. Trust. Cert.
52 14 53% 53% 5418'
52=8 53%
Richmond* West P'tTermiual 25
25 14 26
26
25% 26%!
Do
pref.
75% 76% 76% 76%
75% 76
Borne Watertown&Ogdensb'g 90
90%l
91
90
90% 89
St Louis * San Francisco
31%'
32% 33 14 31% 32
31
Do
pref.
73
73% 72% 73 14 72% 73%
Do
Istpref. 112% 114
112% 114 •U2 114
BtPaul* Duluth
54 55% 54% 51% 53% 53%
Do
prof
98 100
98
98% 97% 97%
Bt. Paul .Mlnneap. *M;anltobB. 102 14 103
102 103% 103
L03
Texas & Pacific
24% 25 14 21% 25% 25
25%
Texas & Pacitio Laud Trust.. *23
24% •23
24% 23
24%
Union Pacitio
61% 6.!% 61% 62 14 61% 62%
Wabash 8t.L. &Paclllo
14 15% 1434 15% 15% 16
Do
pref
27=8 27%
27% 28 I4 28% 29 14
Wlieeling & Lake Erie, pref..
60% 60% 6OI4 60% 60% 61%
iniscellaiieous Stocks.
Colorailo Coal * Iron
35 14 35 14 35
35
35% 36
Consolidated Gas Co
81% 81% 80% 81% 81% 81%
Delaware* Hudson
Highest.
1
48
•10
III4;
1888.
I
55
81%
Lowest
1,
1
92
12
12
8214
Range Since Jan.
I
89%
6%
8
'16% 18
1888.
i
9%
32
55
92
18
12
82
11
'161a
Canal
Oregon Improvemeut Co
H9
2II4
118
33>4
17% I8I3
17=8
52 13 5358
53
10214102% 10138 10213
LakoErie& Western
pref
Do
Do
118
19
33 14
86
2414
9% *9"
89
117% 118
118
18%
18H 18% 18
3314
3314 32
18% 18%
18%
18
53%
5338 53'8i 53
101% 102% 101% 102%
94 95 91 95 *.\:93 94% 93
60 14 60^8 60% 61
00% 6II4 60%
43
42% 42% 42% 42%' 43
43%
97 14 97
9714
96
97 14 97% 97
8914
89%
89
8it%
89
89% 90
•48
117
*32
1758
521a
77
2513
9
9%
77%
25% 26 14;
76
86 14
89
*9
Illinois Ooutral
liOuls.
76
25
761a
2614
*26
*8G
Shares.
1,
539 10 July 26 2li4 0ct. 1
3,587 109 14 June 12 130% Jan. 27
1,000
43% 43%
40 Mar. 19, 4414 Oct. 5
9314 98%
9.219| 89% Mar. 2 99
9314
93
Oot.
5
66% 67% 66% 67% 135,015 60% Sept. 15! 78 Feb. 24
107 107
IO714 IO714'
1,211 98% June 12 117
Apr. 27
113% 114
113% 114% 34,800 102% Apr. 2 116 Sept. 4
•143
....
143 147
1133
Apr. 3,146 Sept. 29
2,248 100% July 5 114% Jan. 27
109 109% 109% 109%
881' 11% July 23 17% Sept 29
I614 15% 16%'
16
4OO1 29% Mar. 31 41
39% 39% 38
40%
Sept. 28
39% 40% 39% 40
2,885] 32% Apr.
2] 42% Sept 28
»107% 109
140 100 June 13 110% May 1
107%
90
90% 90% 91%' 2,611: 65% Apr. 2: 93% Oct 3
61% 62 14 62% 62%; 2,400 42% Apr. 2| 65 Oct 1
2914I
7,450 17 Mar. 21 36% Sept 11
28% 29I4 29
141 I42I4 142 142%' 34,700 123% Apr. 3145% Oct 1
19 20% •19 20
200 15 JiUy 2 23 Jan. 6
52 14
1,260 44 Mar. 21 55% Oot
52%
1
""
10%l 1,554
10% 10% 10%
8% Mar. 221 11 14 Oct 2
7314
4,724 55
79
78
78
Mar. 22] 79
Oot 12
2714!
4,603 17i4Apr. 2j 27% Oct
25% 25% 26
3
86 89 •86 89
84 Mar. 22 90% Sept 11
24
21]
4(T%
July
21%
Jan.
14
3
2414I
'9"
500
914
9
9
7% Mar. 20] 12 July 25
889 114 Mar. 5 123% Aug. 8
118% 118% 113 118
766
17% 17% 17% 17%
9% Mar. 28 19% Sept 12
100 27% Jan. 16 37% May 1
32
32
18% 5,186 12% Mar. 22 19% Sept 29
17% 17% 18
7.210 40 14 Apr. 2 55% Oot
53
53% 53% 54
1
102 103 14 102% 103%' 63,025 8514 Apr. 2 101% Oct
1
4.{%
. .
2d pref..
Do
KvansviUe <fe Terre Haute
Fort Worth & Denver City
Green Bay Winona & St. Paul.
Oct. 12.
55
& East. Illinois
98
98%
pref
Do
66% 67%
Chicago Milwaukee & St. Paul.
106%
107
106
106%
107
107
106%
14
106%
pref.
Do
11333114
112^8 113"8 113%114i4 113 14 114
Chicago & Northwestern
143
148
143 148
148
143 148
pref. 143
Do
10914
109 13 109
14 108% 109 14 109
Chicago Rock Island & Pacific. 109 14 109
•16
I6I3
17
I7I3
16
16
17
Pittsburg.
151a
Chicago St. Louis &
39
41
39 41
41
381a 39
pref. *40
Do
40
40
40
4018
40
40^8
40
14
39%
Oin
Chicago St. Paul Min. &
fl-07%107%
pref. 1071a IO713 10713 109
Do
9II3 9II3 "g'i" h'i'ia
91
91%
9213 921a
Clncln. Ind. St. Louis & Chic.
62 14 62=8 621a 6212 62I4 62 14
62
62
Cleveland Col.Ctu. & Indianap
28I3
29 14
28I3
28%
28%
28
29%
&T0I.
281a
Columbus Hocking Val.
141'8 142% 141% 142%
Delaware Lackawanna & West 14158 1421a 141 1414213
19%
2OI3
21
19
•I9I2
20
21
19=8
pd
Denver & Rio G. assessm' t
5214 52% 51% 52% 51%
51% 5214 5138 52
prefDo
10%'
10%
10%
lOifl
IOI3
10^8
lOHs
lO's
R'yBast Tennessee Va. & Ga.
77% 78%
<3hloago
Week,
'57
I
113% 114% 113% 114
i
Friday,
57% 57% 58
55% 55% 55%
90% 90% 90% 90%
35
35% 3514 35 14
19% 20
19% 19%
I714 I714 'I6I4 18%
If
18
17% 17%
•5713
55%
18 14
20
18%
1141a 114 11413 II414 115
43^8 44
43% 43% 431a 4:
97 '8 98% 97% 9313 9314 98-'58'
65 1« 66^8 66
67%
651s 6614
Quinoy.
j_
8% 8%'
5814
54% 55
914
57
31% 34%
36
Sales
of the
Wednesday, Thursday,
I
JAN.
Feb. 17
Sept 4
Aug. 28
Oct
6
Aug.
6
2
May
2;
2!
97
2
86% Oct
40% Oct
1
9 106% Feb. 15
Sept
20
3 175
Apr. 12 155
Mar. 22 112
Jan. 4l 82%
Jan. 19il43
5
Oct
4
Sept 22
Oct
11
June 23
82 Sept. 28
10 99% Feb. 20
Aug. 31
4% Jan. 9
4I4JUIIC 5
6 % Feb. 24
May 16 23 Feb. 6
10; 12
20 Mar. 27 21% Aug. 2
..
10 Mar. 22 17% Sept 29
Oct 12
2,295] 13%.Mar. 26 36
46 150 Sept 24 155 May 14
9 Mar. 19 13%Jau. 12
1,300 33 Mar. 31 41 July 17
337
8% Aug. 16 16% Oct 1
35 Mar. 27 48%Oct 1
250' 10% July (! 16% Jan. 16
35 Aug. 13 56 Sept 20
700 17 Mar. 22 30 Jan. 9
3,009 24% Apr. 2 33% Sept 10
3611 70
4,630
I
67%
1%
Jan. 12
Oct.
I
'
1
I
45% 48% 45 14 46% 45% 40 14 46% 47
81.501 25 Mar. 21 49
48% 47% 47% 49
92
93% 92
91
92% 93% 91% 93% 92% 93% 93% 94% i/jjoopo 7134 June v'7 100
These are the prices bid and a«ked; no sale was made at
the Board.
: Prices from both Exchanges.
Oct 12
Mar.
6
OCTOBJtB
THE CHRONICLF.
13. 1888,J
BONDH-LATEST PRICES OF ACTIVE BONDS AT
Kanga
Oiottng.
Jtailroait
S Oet. la
1iio.,6b. 1910
Gaar.. 4b, 1937
Oan.Bouth.—lBl «"»<. 60. 1908
8d,!>», 1913
Oenlralof N. J.— Ist.Ts, 1890..
Connol.7s, 1899
Oouvert. 7«, 1902
General lui.rt., 58, 1987
24 >8
24%
S-i"*
82 ag
106
lod'i
92's
Lotut,
19
Apr.
6«, gold, 8er.B,1908,roorg.eor.
Ext.i'ouii., 4», l!»8t!, reorK.cer.
6«,oun-ency, 1918, reorg. cor.
Mort. 6c. 1911
5-68, 1911 ...
01»e». O.
Ho.
78'4b
sola
111 b.
112
106
W.—
b.
105 >9b.
Ohlc.Bnr. A Nor.-l8t,58, 1926.
Okie- Burl. A y.— Con. 78. 1903. 13liBb. 131 b.
104 >9b
10478
Pebenliire 58, 1913
Ooiga. 90\b.
Denver Uivif)., 48, 1922
Nfbraaka Kxt. 4h, 19-7
92 ><
92!<i
Oblo. A Kant. 111.— Cun. 68. 1934 llv a. II 6 Hi a.
9913
Gou. couHol. l8t. 5a, 1937 ....| H9'g
'36
Ohio.
Coal U.,. iBt,
_ ....A Ind. ...
.J 58,
- ...- 101 K lOl^^b.
Oh.Mll.A at.P-l»t, I.A M.78,'97 .jjj ^ 114 b.
Consol. 78, 1905
122%b. 123
l8t, 8o. Mill. Uiv.— 68,1910.... 109>ab. 109'8
lBt,Chl. A Pac.W.Ulv— 5b,'21 102 l«. 104
Wl8. AMin. Ulv.— 88, 1921.... 99''8b 1(0
A W.-lat,6«. 193L 120 a. llH%b. IIH June 131% Apr.
Mllw. A Nor.— .M. I.., 68. 1010.. lOHiaa. lOH b. 1 US'* Jan. 111
1&.
107 lab 107 \k 104% Jan. 108i«ir»b.
Extension. Ist, On, 1013
Minn. A 8t. I.,.— Ist, 78, 1927... 92 b. 93 b. 01 JUM Ilio Jaa.
Mo. K.ATez.—Con., 6b, 1920... 63 b, era
S7i« Juoe 73% Jaa.
88 b. 08 b. 80>a Mar. «4%Aii«.
OonBol.,8s, 1920
94
03 b. 90 Mar. 10«>aJaZ;
Oonaol., 7b, 1904-8-6
Mobile A Ohio— New. 8a, 1937 . 113 b. 113 b. 108 >t Jan. 116 Jao.
47iab. 30
General mort. 4b, 1938
38 June AO Anc
97%
Mutual Uu. Tele.—«. f., 6b, 1911 97<>8
99 Juljr
84>i Jan.
Na»h. Cli.ASt. L.— l8t, 7s, 1913 130 b. 112 b. 138% Jan. 132 Jan«
N.Y. Central- Kxtend., 88, 1893 10614b. 106%
103 May. 107 Oct.
135 b. 132% Jan. il36%JaBa
N.Y.C.AH.-l«t,op., 7b, 1903 136
Iioia
UelMSnture, 5b, 1904
101 la Apr. 112 Jair
133 b. 133 lab. I27>a May 133 •« Oct.
N.Y.AHar.-lBt, 7a, 1900
86I4 Jan.
91
N.Y.Chlc.ASt.L,.— l8t,48, 1937.. 91»lt
93% Sept.
N.Y. Kl.>vatn<l— 1st. 78, 1906.... 116%<>. Utfis
lU Mar. 118>*Jim«
N. Y. I^ck. A W.— l8t,6«, 1921. 131 b. 131 b. 127 Jan. 133 Jaa*
llli«
Ill Bab. 107T8Jaa 112 JaU
Ooustriictlon, 5», 1923
106 la 100 b. tO'JBaJan. 10H<tBept
N. Y. A Nor.-lst, 15s, 1927
N. Y. Out. A W.— let. 6s. 1914.. 112 a. Ulia
109 Jan. 119 Sept.
N.Y.Hiifl.AW.— I8tref.,5s, 1937. 94 ^|b. Dliali. 90
Mar. 9S%Aiu.
U^iab. 100 Apr. 115% 8«^
Midland of N. J.— lat, 68, 1910 112>4
N<irr(ilk .* West. - Gen., 6a, 1031 Iig>ab. 119 lab. U 21a Jan.
120% Aug.
116>«b. 1151a Jan. 119%Juna
North. Panltlo— l8t,ooup.,6B, '21 11714
110
110
Gen'l, 2d,ooup.. 1933
102 Jan. 113% Sept
98^8
Ocu'l 3d, coup. 68, 1937
89 Juno 101 Sept.
N. Pac.Tcr.Oo.— l8t, 6e, 1933... 10514b. lu&iaa. 99% Jau. 106
Sept.
Ohio A Mlna. -Consul., 7s, 1898. 117 b.
1141a Jan. 119 June
117 b. il7%b 116 Apr. 119 Julr
2d, cousol. .78, 1911
OhloSoutliorn— l8t,68, 1921. .. 105 14 108
991a Jan. 100% Mar
49 a. 40
2d,lnn.,68, 1921
29 Mar. 50 Oct.
Oiuaha A St. L.-l8t,48, 1937.. 72 b. 73 b. 70 Mar. 76 Jan.
Oregon Iiupr. Co.— let, 6a, 1910 104 b. 105 <a
9414 Jan. 108% Cot.
109 lab. 108% Feb. 1113 B<ar
Ore. K. ANav.Co.— 1st, 6b, 1909 1091a
101
103 laa. 9i>i4 Jau. 101 Mar
Cousol., 8», 1925
Oregon A Transoon.- 6s, 1922.. 102 b. 102 -a
93 Jan. 1103 Ofit.
10i)%b. 106
Peo.Ueo.A Evana.- 1st, 6a, '20. 114
Jan. 114 Cot.
Evanav. Ulv lat, 68, 1920... 105 b. 1 04 lab. 102 Mar. 107 Mar
Apr.
lii6»sJuue
r.>3>a
111!
Aug.
109
June
16t>g
Hi la Juno
1161.1
July
103% Jan.
ll'5>4 Sept.
IIII4 Fell.
62>4Mar.
62 Apr.
78>sb,
79
33
'27>«Jan.
Otl'B Alllf.
1
8018 Sept.
HOlaScpL
34 "a on.
114 Sept.
IlOWiJuiy
103 Jan.
134 June
Apr.
Jan.
00 >g
103 <4 Mar.
98
Apr.
129 >« Jan.
103 Sept. 1071a Feb.
90'9 Sept. 95 Jan.
91 Sept. 97 Jau.
113 Jan. 110 Sept.
91>«May 100
96
Oct.
IOOI3
Apr.
113%
Oct, 119
123 Oct. 128
107'a Sept. 114
May
Apr.
May
Feb.
lomjan.
107 Aug.
OS's Sept. 104 May
101 b. 100 Jau. '.03 Juno
Terminal 58, 1914
101
Ohlc. A N. >V.— Consul. 7a, 1918
139>9Jan. I4414 July
Gold, 7b. 1!)02
130%b. 130%a. 126 June 13218 May
einklDK fiiniltia, 1929
117 b.
118>4 Apr. 121
Feb.
Bluking fim.l 58, 1929
108 b. 108 b, 106 Apr. 1 1 1
Fob.
Sinking fund dubuut. 5b, 1933
lll>lb. 107
May. 11218 Sept.
25-yeBraebont.58, 1909
106
104 May. 1061a Apr.
Extennion 4», 1926
94^b,
giiflMiir.
O-i
Aug.
Olil. R. I. A Pac.— 68, coup. 1917. 131 "sb. 13.iH>b. 130
July 134 Juuo
iOeisb. 106%
Exten. Acol. 58, 1934
104 Miir. 108 May
121%b. 119>« Jau. 123 la -May
Oh. Bt.P.,M. A O.— CoiiBol. 68. '30 BO'S
Oh.Bt.L.A Pitt*.— lBt,oon.88,'32, 96'sa, 98 b. 95 Oct. ,100 la Jau.
C. U. A Ind.— Cousol. 73, 19 14 131 b.
123 Jan. 131 July
Gen. 68, 1U34
Ill b. IllHia. 107 >« Jan. '113 May
Col. Coal A Iron— let, 68, 190U.. 104 b. 104
100 Jan. 106 May
Col. H. Val. A Tol.— Con. 58, '31 fOisb, 80%
63 Mar. 841a Aug.
Gen.gold, 6b, 1904
83 b. 84 b. 63 Mar.
S7 Sept.
Denver A KluUr.— l8t,7B, 1900 120 b.
US'* May I21I4 Mar.
7813
l8Ccou.4a, 1936
75 Mar. 791b Jau.
Den. A K.Gr. W.-l8t,68,1911. 81 a.
83 Aug.
71 Jan.
6«''8
Assented
60 Mar. 76 Aug.
Den. So. Pk. A Pac— l8t, 78, '03 72 "ab.
81
71 Aug.
Apr.
Pel.Mac.AM.— l.a.gr.3'«8,19H 35 a.
34 May 43 Jan.
103 1< July
B.Ten.V. A G. Ky.— Con..58, '56;i02''eb.
Bill. Lex. A B. Sandy- 68, 1902. 100
104 Jau.
Erie- lat. cousol. gold, 7s, 1920 ISri a.
1381a Aug.
Long Uock, 78, 1893
118 Apr.
|113
Con. 68,1938
I2i>
Aug.
S.Y.L.Ii.AW- 2doon.68, 196910114
10218 Oct.
Ft. W. ADouv.O. -Ist, 68, 1921 9iht
9338 Sept.
Gal.Uar.A San.Ant.— lat, 68, '10
1061a May
2dM.,78, 1905
106 July
West. Ulvlslon— Ist.Ss, 1931.
94 Oct.
Gr'nB.W.ABt.e.— 2dlnc.38,1911 33>aa.
42% July
I22I4 May.
Galf Col.ASan.Fe— lat,7s, 1909 118 b.
Gold, 68, 1923
9^38
98 Srtpt.
Henderson Br.Co.— Ist. 68, 1931 1,08 >«
lloia June
H. A Tex.
Ist M. L. 78
123>4b.
123 Sept.
lBt,We8t.D.,78.1891
12.mil.
1231a Oct.
lst.WacoAN.78,19u3
114 Feb.
105 b.
Zd.couaoi. M. L. 8a, 1912
1081a Jan.
Gen. mort. 6h, 1921, tr. rcc...
72 « Sept.
Ind.Bl. AW.-lst,i>rer.,78,1900
1121a Jau.
i
j
1
a
1
1
C—
95
l8t. 5-6b. 1909, tr. reo
94 b. 94 b.
2d, 5-6s, 1909, tr. rec
72 b.
East. lilv.— 6h, 1921, tr. reo.. 94 b. 91 b.
Income, 68, 1921, tr. rec
24ia
23 %3.
Int.
Gt.Nor.-lst. 68, gold, '191102 "ab. 10238b.
Coapon, 68, 1909
68 b. 65 b.
Kent. Ceutr.— Gold 48, 1987....! 72
71>4
Knoxv.
let, 6B,gold,192Si OShb. 98>4a.
L. Erie
Ist g., os, 1937 .. 107 a. 107
Oct.
741a Sept.
95 Sept.
28 Sept.
I
|
I
A
IllisJau.
77 Jan.
78 Jan.
100 June
110 May.
!
AO.—
A W.—
Irakeah.—Cvn.conu., let, 78,1900 127%a. 12^%b.
Con. coup., 2d, 7h, 1903
liS^b. 125%
Long Island— iBt. 78, 1898
121 %b.
.58,
1931
i
Loa. A Nash.— Consol., 7s, 1898 llOigb. il6l4b.
N. O. A Mobile— l8t, 68, 1930. 113 o. 114 b.
2d,6B,1930
99
114
E. H. A N.— 1st, 68, 1919
General, 6s, 1930
Trust Bonds, 68, 1922
10-40,68, 1924
SO-year 5s, 1937
Lon. N. A. A Ch.-lBt. 68, 1910.
Cousol., gold, 68,
1916
Metro. Klevatcd.— l8t,69, 1908.
Aug.
May
1161a July
1 It,
.May
110% .May
104 Feu.
10238 Apr.
118
H7
June
Aug.
b.
b.
b.
1051a June
117 May
108 July
131 »a Oct.
lllia Aug.
iI13i«Jan.
a.
!l08
i
Cousol. 5«, 1902
;1 12
MtSB'rlPBo.- Ist, UOU8., 68,1920 112
8d,78, 1906
il20
Pao. of itfo.— 2d M.,78, 1891.1108
NOTS—The letter" b"
100
lU'a
Mlcb. Central— Ist, OOD., 7b, '02131
12113 June
I26i< .May.
1221a June
1 1 5
J une
\'i3
Feb.
1151.J
99 lab.
b 116 b.
llSisb. 113 b.
109
109
101 Vo. 102 "ab.
iol b. 100 b.
113>4
115
94
94'u
Mem. A Cb'lston— 68,gold, 1924
2d, 68, 1«99
b.
1
Indloatea prloe btd.and
'
Jan, \,
Oil.
108 1« Jau.
120 June
b,
18M.
Highnt.
80 Jan.
SI
May
104% Aug. 10H% June
b 89 >4 Mar.
i>2
10a'4b 104 Aug.
121 b. lim Jan.
121 b. 115 Jan.
12J
lOft^ lOSBg
98 Jan,
Leii. * W.B.,coii.76, l909,ae'iU 1 l.'i b. lie b. 112>flApr.
Am. Dock * Iiu|<.,5i), 1921. ..|107>4 107%b. 101 )< Jan.
Oeiitral I'acilli*— «olil Ob, 189tJ..ill5 I.. lib b. 113>aJan.
liy'sb.
113>« Apr.
Ban J<>a(|Ulu Br. Ua. 1900
11 OHih. 100
b 100 Apr.
Land Krunt Ub. 1890
101 b. lomi Apr.
Mort. 6«, 193B
102:>s
114 b. 108 >4 Feb.
Chee. A O.— Piir. ni. fund 6b, '98
108
I,
San^MMMM
OlOtUHQ.
XaUroad BoruU.
AU. *Fao.— W. D.
let, cousol.,
STOCK EXCHANQB. AND RANGE SINCE JAN.
1,
BitmU.
Oel.
A
N. T.
$tne« Jan.
436
20
a" prloe of feed;
Oit.
Mav
all
5
13
Oet.
LotMU.
Btthmt.
Mil. Lk.Bh.
I
I
I
W»
—
2d mort., 5s, 1927
A Real.— Gen. 4s, 19.58...
lat pref Income Ss, 19.58
pri^f.
Income 88, 19.58
2d
3d pref. Income 58, 19.J8
Phil.
Jo. AOd. lal.— 1st, 68, 1925 .
2d, Income, 8s, 1925
St. L. Alt.AT.H.— lat,78, 1894.
2d, M., pref., 7a, 1894
2d., M., Inc., 78. 1894
Dividend bda, 6s. 1894
8t: L.
A Tex.— 1st, 68, 1936
Ark.
2d, 68, 1936
A
Ir.
Mt.— l8t, 7b, 1892...
2d mort., 78. 1897
A Fulton-l8t, 7s, 1891
Gen. Ry. A laud gr., Ss, 1931.
St. L. A San Fr.- 68., CI. A,1906
68, Class B, 1906
68, Class C, 1906
Qea'l mort., 6s, 1931
Gen'l mort., 58, 1931
St. Paul M. A M.— lat, 7s, 1900
2d, 6s, 1909
lstoou8.,6s, 1933
Cairo
88%
a.
80
85
116
981a
90% Sept.
Apr.
Apr.
Api
Ma
99
Oct.
118
Feb.
114 b. 114 b. 113 Jau. 117% May
109 lab. 110
107 Jan. 110% Mar
10 i%
105 b. 100=8 Apr. 108% Jon*
107
106^8
98 Jau. 107 Got
45 b. 48 b. 40 May
82 Aii«.
114 b.
112 Jnlv 114% Mar
109 b. Ill a. 108 Feb. 1 10% Jan.
104i«b. 108 b.ilO'J
Jan. 108 Apr.
41 b.
38 Apr. 42% Ai]«:
9914
98 Jau. 104% Feb.
981a
41
40 a. 36 Sept. 48% Jan.
107 lab. I07%ii. 1061a Mar. lll%Jaii.
110 b.! 105 June 112 Jan.
103 %b. 104 <4
102% July 108% Jan.
86 b. 86 b.l 80 Apr.
92% Jan.
11814
118 b.' 113i4Jsn. Ill9 Jnlr
117% 118
118% Jan. jll0%Jnna
117 b. 117 b. 114 Jan. 119% Julr
115 b.
1121a Jan. !118 June
Iu2%a.
100% Jau. 105% June
lis a. 112 Jan. 1 19 Oct.
113 b.
116 Apr. ,120% Sept.
llOiaa.
114 M,ir. 120 Jons
97 b. 97 b. 96 14 Apr.
98% Jnna
87 b. 87 lab. 80 Mar. 87%Jalr
94 b. 94 b. 90 Jan. 95 Apr.
38>tb. 35 b. 29 Apr.
36% Jan.
101 lab. 102 a. 97 Jan. 108% Aug:
80 a.
69 Jan.
87 May
I7I4
18% Jan.
13 Apr.
111 b. 11214b. II
Apr. 116 Mar.
10514 Jan. 108% Mar.
94
92 May
98% Aug.
93%
42 14
38 14 June 45 Au^
43
10l<>8b. 102
85 Jau. 104 Mar
106 b. 10 i
Jail.
101
107% Mar
99 b. 99 %b. 93 Jan. 101 June
91 Juue 94 Feb.
92«sb. 94
Jau. 117% June
11614b. 116i4b. 114
100 b. 100 b. lOOia Apr. 104% Mar.
II8I3
I18%b. 1131a Apr. 121% Mar
110 b. 11.' 14b. 109 "a Fell. 112% Jan.
111 b. limb. 109% Feb. 112 M*r
115 b. 118 lb. 112% .May 116 Apr.
1
Gen'l mort., 68, 1921
Carolina— l8t. 68, 16'20
1931
m
80. Pao.,Cal.— l8t,6s, 1905-12..
80. Pac, N. M.— lat, 68, 191 1
Pao.— lat, gold. Ss. .2000
Tex.
2d, gold. Inc.. 5s, 2000
l8t,6s. 1924.
Tol. A.A.
.
A
AN.M.—
A Gr.Tr.— lat, 68, 1921
A Ohio Cent.— 1st. 5s, 1938
Tol.A.A.
Tol.
59 >a
81
109
a.
118%
I
2d, 68, 1931
.
77i«
663g
62
77% Oct
89% July
.89% Sept.
77%Oot.
Aug. 67%8epfc
Apr.
b2%Oet.
Jan. 116 Jana
j
Blienaudoah Val.— 1st, 7s, 1909.
too., 6a.
8818 Oct.
8514 Aug.
6919 Aug
i
reducetl to 4ia8..
Do
Montana Ext. 1st, 4,i, 1937...
So.
69
8838
89
98
St.
St. L.
77
7639
66»s
611b
115 b.
Rich A AH.— lat, 7a, 1920, tr. re<RIohm. A Dan.—Cons., es, 191.*^
Conaol. KOld 5^, 1936
Eloh.A W.Pt-Ter.- Trust 68..'37
Koob. A Pitta.— 1st, 6b, 1921...
Consol.,6a, 1922
Rome W. A Ogd.— let, 78, 1891.
Conaol., extend., 5s, 1922
May
76iab.
88»8
88 lab
.
C—
l8t,Gs, 1916
Tol.8t.UA Kan.
Union Paclrtc-lst, 6s, 1899....
Laud grant, 78, 1837-9
Blnkiugfuud, Ss. 1893
Kan. Paoltlc- Ist.ee, 1895
lat, 63, 1896
DeuverDiv.— 68, 1899
II014
llO-^j
lat cousol, 68, 1919
Oregou 8h. Line -let, 68, '22.. lO'Sab. 108
83^8
Virginia Mid.- Gen. m.,o8,l936 831a
Wall. St.L. A Pac. - Geu..«s, '20 4014b
41 b.
Chicago Uiviaon- 58, 1910....
Wabash— Mortgage, 7s, 1909..
114%b.
Tol. A Wab.— Ist, ext.. 78, '90
lis b.
let. St. L.Div., 7s, 1889
2d, extended, 7s, 1893
90 b.
!
1
i
101% Jan.
Ill
100
109% July
Feb.
Oct.
84 Sept.
Jan.
Apr. 47 Jan.
98% Feb.
Jan.
Feb.
90 Jan.
107 Apr. 11£ Aug.
IO714 Apr. Ill Julr
95 Oat.
85 Apr.
90 Jan.
83 Jau.
Con., oonv., 78, 1907
ll3iab 11314b. I05>a Apr. 111% Aug.
Great West.- 1st, "8, 1888
93 Oct.
85 Mar.
93 b 93
2d, 7s, 1893
10<i8
9978 Jan. 104% Jon*
We«t Shore— Guar., 4a
103 14
Wheel. A Liiko E.— Ist, 58, 1926 IC0%
941a Jan. llo2%aept.
78
37
93
84
i-m
other prioes aud tne r^og^ ara (rain actual Balaa.
8TATB BONDH.
SECURITIES.
I
ABk.
Bid.
due 1889 or 1890J
iUabama ClaaeAStoS
1906 103% 104% Missouri— 6s
Asylum or Uuivcrsliy. duo 1892
Class B, 88
1906 108
1894-1895
Funding
Class C, 48
1906 100.
1892
New York—68, loan
1000 102 105
68, 10-20
1893
68, loan
Arkansas- Os, funded. .1899-1900
12
7
JAJ
North Caroliua— 68, old
7s, I.ittleRoikA Fort Smith, l8B.
8
19O0
78,"
Funding act
.V Llllle Rook, la«..
8
1802-1898
New bourla. J. A J
1"
10
eutial RB
Chatham KU
id
1890 103 104%
SeeSpecial tax. Class 1
LonlBUiiiii-Ts, i-ona
1914j 108
1910
Oonsolidated 4«
91%' 91 '8
Btauijied, 48
111'!
Hs
M!o'ilir«"-7«
1890' 105
i
Bid.
8ECURrr(B8.
SECURITIES.
Rhode Island-6B, oon..l893-l894| 108
—
3
South Carolina 6s, non-fund. I88S1
106
1893. 104
Brown consolidated 6b
61
189"J-1898
Tennes«e«v-68, old
1912, 71
Cbmpromlse, 3-4-6-6«
1913i 104% irs%
New eettlement—6a
9.
100
1913
6b
1913 00% 70
SB
M
48
Virginia— 6s, old
6«, con'ollnated bonds
6«, (onsolidated, 3d serlas
«.
.1..f,.r.Ywl. rrii«»
r-*i*
.
^
70
AO
9
_0%
THE CHRONICLE.
436
[Vol. XLVII.
BONDS-STOCK EXCHANGE QUOTATIONS ON FRIDAY OP THE LESS ACTIVE RAILROAD BONDS.
BECUEITXES.
Bid.
Ask.
94
98
BECUEITIES.
Railroad Bonds.
(Stock
Atoh. Ton.
Exchange
Erie— (Continued)—
IO513
91^2
82
93
104
85
B. N. Y. A E.-l8t, 78
N. y. L. E. & W.—Col.
Funded coup., 59
115»3
1925 106
68,pold
108%
1988
gold,
Cons. moit..
5s
971a 99
Boat. H. Tun. * W.—Deb. 5a... 1913
106i« 108
1924
68...
Brooklyn EleT.-lBt, G.,
85
1915
2d, 3-5s
Brunswick & West.— Ist, g.,49.1938
Burl. Ce. Eap. & No.— let. 5b. 1906
& col.tr, 5s.... .....1934
& St. L.-lst 78, gn 1927
lo-waC. <&We8t.-l8t 78.. ..1909
Ced. Eap. L P. A N., l8t 69.1920
ConBol.
.
.
94lS!
'
.
Ask.
tr.,
1920
1928
1920
1908
1916
681922
1969
95
A Cal.—1st, 59
1927
*
110
92
81
58
95
82
111
72
95
120
93
117
117
115
115
115
102
Cal. A Oregon— Ser. B.,
We9t. Pacillc— Bonds, 68. ...1899 112
No. Railway (Cal.)— 1st, 6s. 1907
Gold bonds, 6s
Gold bonds, Os
Gold bond9, 69
1895
1896
1897
6 1892
Hons. E.
1151a
South. Pac.,Ariz.— 1st 68,1909-10 107% 108%.
Union Pac— 1st, 6s
1896 113% 114»2
1st, 68
1897 113% 114%
let, 68
1898 115
Col. Trust, 69
1908
Col. Trust, 5e
1907
1895 106%
C. Br. U. P.— F. o.,78
Atch. Col. A Pac— Ist, 69.1905 105% 1057ft
Atch. J. Co. A W.— iBt, 68.1905 '103
99 llOl
1909
Ut. 80.— Gen., 7a
97
1909
991a
Extern. l8t, 78
116
We9t Div. 7s, tr. reo
111
2dm. 88 M. 1. tr. rec
A W. Tex— Ist. 78.. .1898
io7%
59.
.1937
Cons,
gipld
i09H
Housatonic—
110
llllnoi9 Central— iBt, g., 48. ..1951 106
Utah A North'n.-G., 5s. .1926
47
1951
93% Missouri Pac—Trust, g.. 5s,1917
lat, gold, 3's8
97%
1952
Gold 49
Pac. of Mo.— 1st ext. 48... 1938
Bpringf, Div.-Coup.,..69, . 1898 114
Bt. Louis A San Francisco—
1921 113
Coupons off.
3008 111 112
Middle Dlv.-Eeg., 5s
Ist, 6s, Pierce C. A
1919
7612
Clies. O. <fe Bo. West.— 2d 68. ..1911
Equipment, 7s
1895
O. St. L. A N. O.—Ten. 1., 78.1897 119% 122
1897 119% 122
V hlcago & Alton— Ist, 78
iBt, consol., 78
1987
1893 112»i lis'
1st, trust, gold, 5s
1907
Sinking fund, 68
1903 124
2d, 68
Kan. Citv A 8.— Ist, 6s, g.l916
1951 115 n7i»
lonis. &Mo.BiTer— l9t79..1900 '122
Gold, 58, coupon
Ft. S. A V.B. Bg.— 1st, 63.1910
2d Div., 78. ..1894 111%
2d 7s
1900 '117
Dab. A 8.
St. L. K.A So.Wn.— 1st, 68.1916
70
Bt. h. Jacks.* Cblc— l8t,78.1894 II3I4 II4I2
Ced. Falls A Minn.— 1st, 7e.l907
Kansas MId'd.— 1st, g. 48.1937
Ist, guar. (564), 78
1894 11354 115
Ind. Bloom. & WesternTex. A Pac.,E.Div.— Ist, 6s 1905
Zdmortg. (360), 78
Ohio Ind. & W.— 1st, pf., 5e.l938 105
1898 115
Pennsylvania RK.—
84
1938
2d, guar. (188), 79
1898 115
1st, 58
Pa. Co.'s guar. 4%9, l8tcp..l921
108
66
Miss. fi. Bridge— 1st, s.f. 68.1912 105
1938
2d, 58
Pitts. C. ASt.L.— l8t,ep.,7s. 1900
98
100
lilo. Burllug. & Q.— 59, 8. f...l901
1081s Ind. D. A Bpr.— Ist, 7b, ex.cp.l906
Pitts. Ft. W. A
l9t, 7s... 1912
1947
»()
Iowa Dlv.— Sink, fund, 58.. 1919
Ind. Dec. A West.— M. 5s
2d, 78
1912
95 12
1948
50
Sinking fund, 48
1919 95
2d M. inc. 58
3d, 78
1912
91
86
Plain, 48
192]
Kan. atyAOmaha-lstg. 58.1927
Clev. A P.— Cone., 9. fd., 7s.l'.iO0
9234 93?
CMo. Burl. & No.-Deb. 68. ...1896
Kan. C. Wyan. A N.W.— l8t,58.193S
1892
4th, sink, id., 6s
Cliic. Kock I.sl. & Pac—
Lake Shore A Mich. 80.—
St. L. V. AT. H.— 1st, g., 78.1897
80
i)e8 Homes & Ft. D.— l8t,48.1905
.....1892 109
110%
Cleve. P. A A.— 79
2d, 78
1898
l8t,2ia6
1905
Buff. A Er.— New bond9, 78.1898 119% 121
1898
2d, guar., 78
83
Extension, 49
1905
,
Kal. A W.Pigeon— 1st, 78.. .1890 103%
Pine Creek Railway— 6s of 1932
Keok. & Des M.— l8t.59.... 1923 102% .05'
1906
Det. M. A T.— 1st, 7s
Pitts. A We9te: n— l8t, g., 48. .1917
Cent, of N. J.-Conv. deb. 68.19<J8 106
Lake Shore— Div. bonds, 78.1899 120 121% Pitts. Cleve. A Tol.— Ist, 68. ..1922
Chic. M.& St.P.— l8t, 8s, P. D.1898 123
Consol., reg., Ist, 78
1900 125% 1261«! Pitts. Junction— 1st, 63
1922
2d, 7 3-lOs, P. D
1898 117
1903 125% 125'8 Pitts. McK. A Y.— 1st, 69
Consol. reg. 2d, 78
193
Ist, 7b, $ g., E. D
1902 123 1-J4it
Mahon'g. Coal RR.— 1st, 5S.1934 106
1927
Pitts. Y. A Ash.— 1st 58
1121* Long Island— Gener?l, Is... 1938
let. La Crosse Division, 78. .1893 111
93
94% Rochester A Pittsburg—
l8t, I. & D., 78
1899 II7I2
101
N. y. &K'wayB.—lsr,2,, 58.1927
Buff.Roch.APitte.— Gen, 58.1937
iBt, C. &M., 7s
1903 123
N. Y. A M. Beach— iBt, 7b.. 1897
Rich. A Danv.—Debenture 63.1927
iBt, 7b, I. & D. Ext
1908 121
N. Y. B. AM. B.—lst,g.,.59.1935
Debenture, ex coupon
lat, B. W. Dlv., 69
.1909 IIII2
Louisv. ANash.-Cec.Br.— 78.1907 105
Atl. A Char.— Ist, pr., 7s. ...1897
let, 58, La C. & Dav
1919
Pensacola Dlv.— 68
1920 103
Incomes
1900
let, H. & D., 78
1910 120 122
1921 115
St. Louis DlT.— Ist, 69
San Ant.A Aran8.-l8t,6s,'85-1916
let, H. &D.,58
100
1910
1980 55
2d, 38
1926
l8t, 6s, 1886
Chicago <fe Pacific Div., 68. .1910 117
120
Nashv. A Decatur— 1st, 78.. 1900 118
1910
Scioto VaL— 1st, cons., 78
Chic. &Mo. Riv. Div., 5s ...1926
99
1910 107%
B. A N. Ala.— 8. f.; 6b
Coupons oU
Mineral Point Div., 58
101
1910
Louisv. C. A L.— 68
1931
St L.ALM.—Arli. Br., 1st, 78.1895
C. &L. Sup. Div., 5s
1921
96
Pene. A At.— l8t, 69, gold.. 1921
Cairo Ark. A T.— Lst, 79. ...1897
121"
Fargo & South., 68, Assu...l924
1931
Collateral trust, 58
St. L. Alton A Ter. Haute—
Inc. conv. sink.fuud58
86
1916
Lou. N. O. A Tex.— lst,48.... 1934
BeUev. A So. lU.— 1st, 89. ..1896
Dakota & at. South., 59
1916
1934
40
2dmort., 5s
1923
Bellev. A Car.— Ist, 68
Chicago <fe Noi thwesteraManitoba S. W. Col.— G. 59... 193
St. Loids AChic— lBt,con.6s.lH27
Eecanaba <fe L. 8.— let, e8...1901 110
Mexican Cent.- New, ass.,4s.l911
St.P.Minn.AM.— Dak.Ext.,69.1917
Dee M. & Minn.— let, 78
1907 1221a
Michigan Cent— 68
1909
1922
Mln'9 Un.— Ist, 6s
Iowa Midland-lst, 78
1900 131
Coupon, 58
...1931 'llo%
Wont. Ctn.— 1st, f.uar„ 63-. 1937
Peninsula— Ist, conv. 78
1898 124
1891 103%
Jack. Lan. A Sag.- 6s
St. Paul ADuluth— 1st, 58. ...1931
Chic. & Milwaukee— Ist, 78.1898 12uls 121
MHw.L.S.AW.-ConT.deb., 58.1907
89% Sodus Bay A 80.— 1st, 58, g...l924
Win. & St. P.-2d. 79
1907 132
Michigan Div.— 1st, 68
1924
112% Tex. Ceutral— Ist, s. f., 7s
1909
MU. <t Mad.— let, 6b
1905 110
AsMandDlv.— Ist, 6s
1925 112 112%
1911
1st mortg. 7s
Ott. C. F. & St. P.-lst, 59.. 1909 10512
Minn.ASt.L.—I'a Ex.— lst,78.1909
84
1905
Tex. AN. O.— 1st, 78
Northern m.— Ist, 5
IO7I2
1910
55
2d mortg., 7b
1891
1912
Sabine Division, 1st, 68
CI. Col. Cin. & lud.— Ist, 7e, s.f. '99 121
Southwest Ext.— lat, 7s
1910 75
1917
Tol. Peoria A W.— 1st 4s
Consol. sink. W., 78
1914 luti
75
Pacmo Ext.— iBt, 6b
1921
95
1919
Tol. A. A. A Ml. PI.— Us
Cblc. St. Paul M. & O.—
56
Impr. A equipment 68
1922
1917
Till. A. A. Acad.— 6s
Chic. S. p. <k Jttinn.— 1st, 6s. 1918 125ii 127
Minn. A Pac.— 1st mortg. 58.. 1936
VaUoy R'y Co. of O.— Con. 08.1921
Ko. Wisconsin— 1st, 6s
1930
Mum. S.Ste.M.AAtl.— lst,58..1926
Virginia Midland.- Inc., 6s. -.1927
Bt. Paul & S. C— 1st, 68
1919 V23 124% Mo. K. A T.— Con8.,2d, inc
1911
Wabash St. L. A Pac—
OUo. & E. lU.— iBt, B. t., cur.. 1907 119% 121
H. A Cent. Mo.— Ist, 7s
1890
106%
Chicago Div, ,5d. Trust reo ..
Ohic.St. P. &Kan. C.-59.... 19o6
Mobile A Ohio— Col. tr., 68 ...1892 102
1910
HavauaDiv.,68
Minn. & K.W.— Ist g. E8....1914
100
1st Extension 68
11-27 103
1921
Indianapolis Div.— 68
Chio. & W. Ind.— l8t, s.f., 6s. .1919
St. L. A Cairo- 48, guar
1931
72
1921
Detroit Div.— 68, tr. rec
General mortgage, 6
1932 •115
Morgan's La. A T.— Ist, 69
1920
112
Div.—
5s
1931
Cairo
Chic. & St. Louib— 1st, 68
1915
119%
1st, 78
112
1918
Wabasli. M., 7s, Trust rec
Cin. I.St.L.<fe Chic- l8t,g.,4s .1936
94I4
Na9h. Chat. A St. L.— 2d, 68.. 1901 107%
Wab.—
Toledo
A
Ist ext., Tr. rec.
Cln. Jack. AtMac- lBt,g.,58...1936
95
Consol. gold, 58
1928
97
98
St. Louis Div., 7s, Trust reo...
Cleveland & Canton— 1st, 5a..l917
93=8 93% N.J.Juno. — Guar. 1st, 48
1986
104%
2d M. ext., 78, Trust reo
Col. & Green.— 1st, 68
1916 100
N. Y. P. A O.—Prior Uen, 68 -.1895
1883
Equip.
bond9
2d, 68
1926 75
Y. A Nortliern.— 2d, 48
192;
57
Consol. couv., 7s, 'l'rii9t rec...
Col. <te Cin.
93" N.
1921
I8t5e
95
Pacific
137%
1.
Central Iowa— Ist, 78, Tr. Eecl899
1912
East'nDlv., lBt,68
minoia Division— l8t 6s
1912
Cons, sold bonds, 68
1924
Cent. KR. & Bank.— Col. g., 59. 1937
Ches. & O.— 68, gold, ser. A... 1908
Ask.
2dM.,4%s
..1921
RRs.- Central Pacillc—
105
& 8. W.—Mortg. 68. ...1908 bV
Evan. A T. H.— Ist, cons., 6S.1921
1923 104%
Mt. Vernon— Ist, 68
Evans. A Indian.— 1st, cons. ..1926
Eureka Springs R'y, Ist, 68, g.l933
Fl't A P. IMarq.— Mortg., 68.. .1920 120
Grand Rap. A Ind.— Gen. 58. .1924 97
Green B, W. A St. P.— 1st, 68.1911
1911 118
Han. A St. Jos.- Cons., 6s
Houston A Tex. Cent. Istm tree
81
ICO
Bid.
•113% 116
Panama—Sink, fd., 9ub., 69. ..1910
•101% IO214 Peoria A Pek U'n— Ist, 68....1921 110
Buff.
90
SECURITIES.
Oregon
4th, extended, 59
5th, extended, 48
Ist, con9., fd. coup., 78
Eeorg., let Uen, 68
Prices.)
& Ban. Fe— 4is8 ...1920
1911
BlnWnp hmd, 68
1937
Collateral Trust, 58
Cliic. S. Fe&Cal.— 1st g.. 58.1937
Beecli Creek— l6t gold, 48.. >. .1936
Bslt. & Onlo— l9t6s, ParkB ..1919
Minn
Bid.
9714 97^
83
93
97% 98
105
C—
107%
108% 1091*
'118
C—
,
142% i43~
140
133
114
ib8%
74%
110% lllia
110
115
,
94
05
'IIOI4
,
Coenr d'Alene. 1st, 6s, gold... 1 91
Lack. & West.— tXuiv. 79.1892
Mortgage, 78
1907
Syra. Bing. & N.Y.— Ist, 78.1906
Morris <te Essex- l9f,7e
1914
<
DeL
N. Y.
ANewEng.—Ist, 78....1905
65
108%
107%
115
110
lien 138
133%
2d, 4138
N. Y. N. H.
1937
A H.— Ist, reg. 4s.l903
145
N. Y. Tex. A Mex.— 1st, 48 ...1912
1881 107 '1 108
Northern Pac.-Dividend scrip
1900
1'25
Dividend extended
1901 i"4i4 127
James River VaL— l8t, Oa. .1936
let, con., guar., 7s
1915 140% 142
Spokane A Pal.— 1st, 63
1936
DsL & Hud. Carai—lat, 7s.. .1891 108
St. Paul A N. P.— Gen., 68. .1923
let, ext., 7a
1891 lOOi-i iloifi
Helena
A
Red
M'n—lst,g.,6s.iy37
Coupon, 78,...,.,
1894 II3I4
Dul. A Manitoba— Ist, g. 68.1936
?»-Liv., cour,,7s
....1917
Do Dakota Div.— 1st, 68.1937
Albany <!t8UBQ.— l8t,gu,,VE.19ob 1385b
130 135
Hel. B.Val. A Butte, Ist, 0s.l937
lit, cons., guar.. Of
iWOf 121 12II4
Drummond
A P'bg.— lat, 58.1937
IteCB. <fe Bar.- let, coup., 78. 1921 140% 149
Helena A No.— lot, g'U, 58.1937
Dcnv. & K. G.— Imp. g. 0?....1M28
88
La
M.
A
Mo.
Riv.- Ist, 58 1937
i)et. Bay C. <fe Alp.- ist, 6....1M1S io6H 107%'
N. O. A No. E.— Pr. 1., g., 68 ..1915
DulutU&lrouKaijge— Ist, 58 l!i3
90
New
Or. A Gult-lst, Us
1926
Dnl. Ko. Sh. & Atl.-,';e
193
92%; Norf. A W.—Now Riv.- Ist,6e.l932
£. Tenn. Va. <te Ga.— Ist, 78. ..1900
123
Imp.
A
Ext., 68
1934
Divisional 58
1930 •107 109%! Adjustment M., 78
1924
R'y Ist ext., goia, 58
'li.37
93% 94%i Equipment. 58
190S
Mobile & Bum.— Irt, g., 5s lli3,
93% 94=8 Clmch Val.D., Ist equip. 58.1957
E.&W.oIAla.— ist,coui).OB,K.,lS".it
Ogd. A Lake Ch.— Ist, Os
1920
EU». O. & M.— S.f., deb., 68. ..1921
Ohio A Miss.—Cons., s.f., 78. .1898
iBl uiortg., 6b
1920
Sp'gHeld Div.— let, 78
1905
Erie— Isi, extended, 7a
1897 120
General 58
1932
2d, extended, 58
1919 'li3
Ohio
River RR.- Ist, 5s .....1936
. Sd, exiended, 4A!a
192a 108 110%
General mort., gold, Ss
1937
Ko price FrldMr; these are latest qaataUons made thls^week."
2d, 79.
Bonds, 7b
78 of 1871
:
73
80
110%
116% 117%
104
102
117
118%
i02\i
i02%
102
i.
I
45
12Ha
110
'110%
50
78% 79
ioJ%
ib'dia
IIOI4
90
89
110
8i
93%
91%
8ii%
25
86% 88
90
2d, 7e, Trusiree
1890
Quln. AToU— l9t, 78
Han. ANaples— lBt,7s....l90£)
l8t,ex.6a
1912
lU. A So.lowa—
St.L.K.C. AN.-R.E.A Rlt.7s.'95
—
191.
Cluriuda Br. 68
St.Charles Br'ge— l8t,6s.l908
181)5
No. Missouri— Ist, 7s
West.N. Y. A Pa.-lsr, 58 ....1937
1927
2dm. gold 3-ns
Warreu A Frank— Ist 79. ..1896
Wett. Va. C. APitis.— Ist, 69.. 1911
West. Union Tel.—Coup. 78.. .1900
1904
N. W. Tekgraph- 78
Market St. Calile Ry., 1st, 18.1913
90%
111
109
i03%
115
93%
39
Its
A
114
Railway—
I'enn. Coal Iron
1917
reun. Div., 1st, 6s
1917
Bir. Div.— l8t con. 68
1907
Cababa Coal— 1st g. 78
Hock. Coal Ji, 1.— 68, g.. 1917
Col.
193,
Georgia Co.. N. C.-59
Pree liist.
Cin.ASp.— 1st, K.,L.a. AM. .78.1801
Cin. Haul. AD.iy. cuu. s.f. 7a.. 1905
85% SOI*
88% 89
107
A
94
96
103%
Ciimberl'd A Pa.— Ist, 63
Erie iv Pitta.— Cuusul. 78
101
80
1891
1^98
ASt. P.— l8t.lu.H.AD.78.1902
N.J. SoutUcru— lui. guar. 66.1»99,*i00
Mil.
115
II2I2
"50"
Manhat. BeacU Imp. Co.— 7a. 1909
Am. Water Works Co., Ist. 68.1907
vH
113
'112
Gt. West.-lst, 78, Trust rec
Ist, 6b
1905
IIOI4 1121a N.Y. Suaq.A West.-Deb. 6s...l8b7
92%
90
90
'
Midland-lst, ti8..1914
142
128%
106%
1211a
'
I
OcroBBB
THE CHRONICLE.
18, 1888.]
New York
rity
Bank Ntatoment for the weekenr|in< Oct.
We omit two ciphers (00) in alt c.njifin.
6, 1888. ia as ftillowa.
bankb.
Surplw.
Cupltol.
SpM«.
Lo^ni.
DrpoMi.
I>«al<.
(00> oinUtnt.)
Bank
Xew York..
of
Manhattan Co....
M«iMli,in(.s'.
,..
.„..,,„
s
$
i,«2i,n
•.•.o.-,o.()
l,i<:<,'i
•-'.(Mm.ol
747,0
M5^- hauler'
•-'.itoo.ol
America. .............
PbeiUz
:(,(>(
i,4sn,o
i,Hno,4
Olty.
Tnnlesmon'B,.'.
Choniic;;!
Morchaiits' Rxoh'ngo
Oilhitln .National
Batchers' ft Drovera'.
M«oh inics' A Traders
Greenwich
Leather Mannfa -Crs.
Beveuih N.ill.inal
Now
Btktisnf
Vork...
Amorio^u KxcUaugo,.
Comraeroe....
Broadway
Paclilo
Ropubllo
Chatham
Hanover
Trrlug
Cttlz.?n3'
A
Fulton
8t. Nicholas.
Shoe A Leather
Corn fixchanjce
Continental
Oriental
Importera' <& Traflers'
:iipi>,o
1,545;()
.'..OlX^O
3,014,7
1,458,2
056,3
311,2
760,0
4i>n,o
49.3,4
200.01
237.6
457,3
071.3
235,0
354,9
178,9
700.0
1,000,0
000,0
G00,0
000,0
750,0
000.0
000,0
1,000,0
1,061,0
1,01)0,0
300,3
,345,1
3,006,5
1,704,6
100,2
115,3
1,157,2
502,2
200,0
253,9
,-.00,0
5,629,4
22,35'2,2
1,01)0,0
203,6
116,9
352,9
93,0
211,8
017,7
6,711,9
1,563,6
2,304,0
2,375,1
2,818,6
7,965,4
3,982,5
2,486,1
2,343,5
4,122,0
2,K03,8
2,191,6
1,438.8
;!i)n.o
2.-.0,0
20fl,0
750,0
000,0
100,0
200,0
200,0
000,0
300,0
200,0
150,0
Oerinanta
United States
Lincoln
Garfield.
Fifth National
Bank of the Uetrop
West Hide
65-2,1
366,1
364,8
481,4
161,2
225,8
239,2
4i9,6
.sno.o
200,0
500,0
200,0
Seaboard
Sixth National
3,500,0
N. Y. Banks.*
Specie.
LegalB.
.
•
148,180,1,10,408.0
118,906,6 10,740,8
6
Bept. 23
" 29
Catawls-a— .M.
i'2;'
A
T.— lst,78..
26,139,0
1I6,90'<,0
'25,843,7
Bid.
Atch.
BOSTOTf.
BilLRO.AD PTOCKS.t
74
>t)stonA Albany
»8
74*4
200
133-'(
Ask.l
Bid.
I
Cheshire, pref
Ohio. Bnrl. <)t North'n....
Chicago i West. Mich... } 33
Cleveland A Canton
Preferred
Concord
Connecticut Jt Pass
Kaatern
....
Preferred
28
iio
107
Hanover
200
Hud. Kiver..:
Im.A Trad's' 360
14th Street., <155
Nassau
Leather Mfs'
Manhattan...
MarketA Ful
Mechanics'..
M'ohs'A Trs".
5S..383.2
Bid.
Ask.
.—......
104
86
102
104 >i
83
Flint* Pere Marqaette. 38
Preferred
100
Kan. C. Kt. Scott A Mem .
f. O. Momph. & BIriu. ..
Louisville Evans. & at. L.
Preferred
{ 16
109
6s
111
114
38
80 Hi
85
86
10
Consol. of Vermont— 58..
38 "i Eastern. •>£ ass. - 6i. new., laaH, 123
Ill's
i.e. »t. ScottAMe'B..6s
50"a' K. C. Fort Scott A O.—7s lis"
110
35
Kans. City l.aw.A So.— 8s
93 >u 04
K.C. Meiiiph. A Bimi— 58
1'20
Kan. Cit. St. Jo.AC. B.— 78
HI
K City Hp'd A Mem.—fls
100
lU «.0. CUnt. A Sprin/ff.—Ss
107 Hi
109
Uttle R. A Ft. 8.-78
104""
104 Hi
tiOllsv.Ev.A.St.L.- 1st. 6s
i
39
100 tj
9dmori.,2-6s
Mar. H. A Ont.— 1908,
ft4'>
Sb,
48
100
08
1923, 6s
Mexican Central—4s
lO^,
Gas
Jersev City A Hoboken.
Metropolitan— Bonds
MutuaKN.
Y.)
Bonds, 6s
[City
Wisuoasin Ceiiiral
Preferred
AVih.
Ooli.
9
4
BONDS.
.......
11'.
17»s
39 S,
Topbia-lst.Ts. 120
90
Trnat, 59
RAILROAD STOCKS.)
18>!)
Boll's
Gap
40 "a Caiudeu .«l At antic, pre<.
East Pennsylvania
120 « Elmira A Wlldamsport..
9t
".J
Prefer'-.'d
55
«
1
|
Last Drtce lUs week.R
ISO
114
101
Tradesmen's.
United St'es. 205
West.Tn
94
158
235
People's (Brooklyn)
Willlarasburg
Boudu, 6s
Metropolitan (Brooklyn).
Municipal Bonds. 78
—
26
113
170
lOSHl 104 >a
103 Hi 104
96 100
90
96
13S 137
105 107
160 les
100
140 180
140 160
lie 1'20
85
36 Hi
116 118
Christ'phTAlOthSt- Stk. 120 1'26
111
113
Bonds, 7s 1898
Dry Dk.E.li.A Bat'y— s'tit'. 125 128
109 111
let mort., 7s, 1803
D.
.
I
|
"mT
Bid.
74
7S
125 '128
106 111
85
ST
105 110
134Hi'13S%
105 109
120
112 ...^.
I
I
I).
E.B.
A B.—Scrip 6»
Eighth AV.— Stock
ifcrip, 68, 1914
42d A Gr-nd St. F-ry-Stk.
1st mort, 7s, 1893.
42a St .Manb. A StN.Ave.
Ist mort, 68,1910...
2d mort, income, 6s
HoastW.StA P.F'y-Stk.
Istmort, 78, 1894..
Ninth Ave
Second Ave.—Stork..
Istmort. 6s, 1910...
Sixth Ave.— Stock.
1st mort, 7s.
" 1890..
Third- Ave.-Stock.
Bonds, 78, 1890
Twenty-third St Stock.
l8t mort, 78. 1893
'
I
A
7thAv.-8l'k..
iBt mort., 6s, 1904
2d mort., 58, 1914
B'way Surface b'dB...1924
Bonita guar., 58, 1905
Brooklyn City— Stock
Ist mort., 6s, 1902
Bklyn. CroB«town— Stock.
Ist mort, 7h, 1888
Bnshw'k Av.(Bklyn)-8t'k
Central Crosstown— St'k..
1st mort., 68, 1W22
Cent. Pk.N.A E.Riv.— Stk.
Consols. 7s, 1902
Br'd" ay
I
I
I
I
I
I
—
I
I
•
•
I
—
Unlisted Secaritiea, Quotations from both Exchangee:
SECUBITIB8.
SBCURITIES.
Bid. ;Ask.
Am. Bank Note Co
A
Atch.
A
28
Mex. Nat— New Ist, 68..
2d series A. 6s
2d series B, 6s
Mt Des.« East Sh. Ld.Co.
N. J.soatliem
Newp. N. A Misa. Val....
30
Pike's P'k, 1st 68 104
Char. Air Line
7«, 1907
92 Hi
120
l.st.
39
Brooklyn Elev'd—stock.. 36
Atl.
Brunswick Co
11
...
California Pacific
1st mort., 448
2d mort.. guar
Chic. A Atl.— Ben.,
Clue. Gas Trust
Dul. S. Shore A
107
105
tr. reo.
9»»
34 Hi
Consol. 58. .........M.
Ii)Coinc58
Kanawha dt
•
Ohio..........
Ist pref
2d pref
"9
N.V.
110
109
9V
35 Hi
PoDsaoola
PtalL
un\
51
76
25
2
9
A
I
V
Pref
St.
Paul
ais. pd.
A
A
Chicago
E *Or.Tr..lat98
Valley. 1st. 78
ad, 7s ...
r<'cloto
M
aU
Poatal Telegr«ph-Cable.
Rich. York Klv. Acnes..
s.
Wloh.,osrt
76 •« St L. Ft.
St Louis
"io"
Ist68
Atlantio
Aug.- Isu..
Incomes
'is
4
10
A
Reail..
Port Royal A
38
12
V.'.S.A Bnir
N. Y. A areem-d Lake, Ut
3d mort
N. VMatnal Tel
North RlT.Oona. Co. scrip.
Ooaan Staain.Co.,lst guar.
7
22
22
....
TolMlo PeorU A West...
Vlok>b.A Martdia:.— 1st
id mort
a
Lehtgu A NVakea.Oaal...
...«. .....
iDComes
L.N.A.AC.-t'.AI.Dlv.,68 102
Mex. N atconsirucl'n Co. 27 Hi 28 S aiiak, pr«l -•««.«•....
Weal .N car.
9
Mexican .National tr, reo.
West Un.TeL.eoll.te. 6a
48
45
Ist mongace, tr, reo.
I
Per sbare.
(120
Second
320
ShoeALeath.
State of N.Y.
RB. Quotations by H. L. Obaht, Broker, 149 Broadway.)
Bl'ckerSt. A Ful.F. -Stk. 25
111
Ist mort., 7»., 1900
tfo^ly *(otor
Klnitst'n ,<i Peinb., Ist
111,
120
Seventh..
I
8ntnruit
Ilrauoh
SeaboanL
1
Fla.R'y* Nav.Co.,con80t.
Flint A Pere Marqaette..
.Georgia Pac—Btook
I8t6(
.......
2da
;
ISB
143
135
130
.
143
Nicholas. 118
Fnlton Municipal
Bonds, 63
OK"* lOOH)
100 |102
Equitable
no
Bonds, 6s
99 llOl
l'.'3l4
li3
113
:13H.
Maine Can tral
105
Hi
i'ii
2d
mort.,
6s..
i
Manchester .b J^Awrence
Ogdens. A L.O.—Con8.,6s 100 101
Mexican central
96
1434 U-r, Rutland— fis
N.Y. AN. Eng..pref
04
121
Southern Kansas 5s
Northern
87
{1,50
Texas Division— Ss
Oli
Norwich ,t Worcester.... {175
89 Hj
OK'lciisb. tt Lake OUam..
Wlscon. Cent. -1st M., 68 89
40 '9 41
Old tN.loQV .
iYs'ii 174 "a
Income 6s
Portland saco & Porta... 125
I'KII.AUEL.PUIA.
—
Phoulx ...
Republic
St.
|
108
65
103
81Hj 82
170
114
107
03
100
Brooklyn Gas Liftht
Citizens' Gas-Llght
.....
Bonds, 5s
Pref
N Y.A N. Enr.-l8t. 7»..
10
154
York... 230
1.32
Ok* and OUT Railrsad 8t«eka anal Bontfa.
Bid. A8k.JQ VS Ca.\f PANtBS.
GAS COMANIES.
At— Stk.
67 «8
150
200
160 (103
Metropolis... 235
New
134
I.
Ninth
N. America.. ,148 1A3
North River. '138 143
Orients.
200
Pacific
167
Park
173 Hi
People's
190
172
170 174
155
Mercantile... 150
Merchants'.. 140
Merch'ts Ex. 118 120
MetropUtaii. 12a4 15
i230
^^allatln
N.Y.NatEx.
Qermaiiia
200
Greenwich... 120
Irving
Aak
B.d.
I
N.Y. County 1200
.300
German Am. 114
—
63.032,4
California Soath.— 1st, 6s.
1-29
A .iu(r.,68.;910.
Local Securities.
Bank 8t«ek Lilat.
BANKS. Bid. Ask. BANKS.
130
235
235
3500 3800
Chemical
Citizens'
145 150
340
City
Commerce... !l70 175
Continental 1126 123
Corn Exch... 1210
Ea.-*t Rtvflr., 135
11th Ward... 150
Fifth Ave.... 900
2OO0
First
138
Fourth
CircTn CUaringt.
Mo. R. in Neb.—
Non exempt,
Wll. Col.
week.
this
Oarflcld
,
117
210
242
163
Uallforala .Sontherii
36 "li
Central of Massacbasetts
18
Preferred
38
'
S<>ab'dARo'n'ke-5vl92«
We«t. Md., 3d guar, 6s..
.
758,0
620,0
6s
Aux.— 1st, 7s
A
Cin. Wash.
Bait,— lata.'
'I
3ds, 08
8ds. 3s
1st Infl., 6a, 1931
122>s:
173V, 176
America
Au; Exch... 142Hi 143 Hi
Broadway
270
Butchs'A Dr 180
Chatham
A T'p'a.— (Cont'fl)-
A
'
Char. Col. A
105
Trust Loan
Central
150
A Maine
A Providence
Rov. B. A I.ynn..
Fltohbur)?, pref
iBnrl.
I
1381^ 142
CUaso
96.018.0 2,702,8
96.688.0 2,700,0
TYust,,
l
.t Char.— 1st. Ts.
Income, 6s
Baltimore A Ohio—ts...
Cape Fear A Vad. l8t,6sl
Cent Ohlo-6s, 1890
Atlanta
1'20'4
. .
Mortgaice, 5s
......
i
A .iag'sta
HAILROAI) BONUH.
ad,78, reg.,1910
Cons. «s, C.A R.,1923..
North Peiin. 1st M., 78.
BANKS.
BECURITIES.
Ask.
Preferre<l
Wilm'ffton Col.
1.30
V
.
WestArn Maryland
Peun.-Uen.,68,conp.1910
87
1st pref
102
102".
113
104
105
122
104
«t
RAILROAD HTIX'KS.I
A Ohio
1'20
— l»t,6a
101
107
104
Baltimore
3d pref
Central Ohio
Leh.V.— lsc.a8,0,AH.,'9i)
Scrip
96.560,0
117
117
130
115
rr. a,.4s
ii.iit.
A AtL— 1st, 68
B*l,TI»imlK.
92
12U
91
6s.
...
W.A
W. Jersey
112
Joff.-lst. 6*
B.
123
104^
110
10t<
.8..
M...
Warren A Prsnk.-lsl.78
Wes' Jersey— 1st M..7s..
22
1900.
7s,
Nassau (Brooklyn)
SECURITIES,
jJosti.ii
116"
pri«t.
New York
Qaotations iu Boston, Pblladelphla and Baltimcrc:
Following are quotations of active stocks and bonds. A fulj
I ist is given in the Chkonicle the tliird Saturday of each month.
Boston
Boston
S-in«. '99
Ino. 7s. end., eonp.. '94.
Bells Oap-lst M, 6s
Cam. A
M., e«, '89
Oaniilcn AAtl.-lst M,7s
4»flS,
6
26,285,8
97,640,0
96,967,512,702,4 70,020,3
* We omit tiOocipherB in all these fiyitret. t Including, for Boston and i'hlia'
delphla. the Item " due to other banks.'*
Toi'Oka
AU»Kh. Val.-7
Perklomen- 1st, 6s.op.'87
t Per share. { Last price
•Oct
<fe
Phil.
Bteubon. A lii'l.lstm. 6s
United N. J.-(ien. 4s
Cons.. 6s, conp...I905..
Cons., 5s, coup. ..1919.
Philadel. Banks.*
Atotitaon
Isi
Phil. ANorf
Inco^f o, 68
3.434,2'll«.764,4'0,744,7 81.31.5,9
3.460,5 110,525,8l5,74».(; 84.191,4
3,382,0 122,433,2 5,632,0 107,893,8
147,472,7ilO,94.'5.6
.
2d pref
8d pr,.f.
Consolidatcil
_ Boston Banks.*
Sept. 22
29
Newgsn., 4s, «., t9S4
Cons. ft. Istser., 1923
Dafsrred Inrornes. ..o ..
60S
'Vii-i
N.V.
$
$
391.937,3 80,599,7 .32.0'21,3 406.309,1 7,930,3 702 31.3,4
390,7U7,3'85,326,4 3i,li09,5l408,714,9'6 839,0 535,316,7
395,636,4184,902,0 29,703,3,412,762,8,6,517,9 811,518,6
.
.
I
II
220
04
48 Hi
—
1,684,4
Depo8U9.^•
70
HA
65 Hi
'2d mortK., 7s
Consol. M., 58
60,762,7 49.818,2 ,395,636,4 84,90'2,9 29.705,3 412,762,8
Loan*.
Oct.
139,8
77,4
35,5
64"
Hi
A
*
ad,7s,e. A I. i>..i,i
Oon«.,7s, eonp,, 1*11
Cons., as, c.. 1.11.0.11111
Imp., 9; („ eonp,. 11*07
United I'o's of N.J
W^^t Jersey
West Jcrsi y » Atlantic.
Hunl'n.t
34'2,0
1,965,0
2,303,0
1,710,1
10,070,9
63
Del.AB.I.B.-lst, 78.190."
Eastnn,t.\mhoy.mort. 58.
Elmira A Wlll'm.- Ist, 68
Harris. P. Mt J. A !.»—4s
170,6
101,5
4,225,0
1,240,0
456,0
1,303,6
4,026,1
1,436,7
239,8
030,0
674,8
455,3
1,806,9
73,9
109,4
225,0
977,3
636,8
465,6
459,6
1,164,4
Phils.
Phil.
Erie
^uiibury A I^wiaton....
Cletrfield
17'2.6
.3,249,0
'201,0
06',
R3"
Pennsylvania....
Col. A cm. Mid.— 1st,
Connecting—Os
Delaware -Mort., 6s
'2,871,4
5,088,',!
40 <<
56
7()ii
Amb—
5,109,1
2,038,2
1.266,3
19,013,6
7,853,0
3,570,0
45»i
70
KAfLl(OAI> BUNDa,
334,8
637,0
1,119,6
881,8
1,960,1
21,97,5,2
19,64'2,9
750,0
»oo,0|
Avoune
...
German Exchange...
6
218,8
227,3
soo.o
Fltth
Oct.
4,052,9
1,865,7
8,0»1,0
6,943,2
4,764,7
I
,'lvnnla
1,397,3
307.6
3,025,6
860,2
185,6
628,7
3,098,3
514,0
489,1
228,1
809,4
BItOUKITIBH.
iPenn. A.v
t
1,1,89,6
2,38.5,2
620,1
1,000.0
240,0
2S0.0
S,200,0
2,000,0
6.796,4
8,088,8
2,623,1
10,288,0
4,656,0
2,034.3
3,850,7
12,925,9
3,017,0
2,697,6
Ask,
Bid.
Broad Tod
>rt'ir,rnCentr<\l
h
108,0
125,1
717,8
427,1
1,009,3
2.244.0
2,255.0
3,599,3
1.307,4
3,483,7
10,590,0
A
Valley
L')hl)th
N
1.070,1
569,1
19,.303.0
122.7
1,ROO,0
Geruan. American...
Chase National
Sept. 22
' 29
1,619,7
720,0
5,6*2.0
535,8
9,534,6
403,6
1,'207,6
74,fi-
000,0
Bowery
Totil
12,741,.'.
4,10.->,0
10,031,"'
3.4411,7
ta-
1.200,0
.1,
New York County
Western National....
l,64'i,0
5,046,3
1,904,5
2,256,0
'2,000,0
East Kiver
Ponrth National
Central National
Hocond National
Ninth National
First NailoDil
Third National
N. Y. Nat 1 Kxchan^e
11.636,0
1,000.0 1,25.5,4
noo.ol
27(1,0
200.01
108,4
200.0
87,3
(100.0
512,1
,
Park
North River
3,600,0
2,006,0
3,129,0
10.HI0.3
2,011,0
Peoples'
North Aiuerloa.
001,0
11,700,0
10,430.0
7,704.0
1,000.0' 2.210.0
i.noo.Oi
211,0
:too,n 5,8S1,0
(iOD.O
110,0
1,000,0
1,000,0
Mercantiie
NaHMaa
Market
Ki.oi
1,000.0
BECUniTIRS.
niiiiilntfton
Preferiivl
LIHl"HclillTlklIl
MInehlll A H. Ilnven....
Nesi|U''hi.iilnK Valley...
•
a.oon.n
487
40
THE CHRONICLE.
438
[Vol. XLVII.
Latest
%nmsimtnt
Roads.
Eamingt
"WeekorUol
Reported.
1888.
AND
& West. 3d wk Sept
& Pern. Ist wk Oct.
Knoxv. ds Ohio Jnly
Lake E. & West Ist wk Oct
Lehigh & Hud
Sept' uiber.
The Investors' Supplement, a pamphlet of 132 pages, Leh &WilB.C(),al ^AugiLst....
contains extended tables of the Funded Debt of States and L. Rock & Mem 3d
wkSept
"
IstwkOct.
Cities and of the Stocks and Bunds of Railroads and other Ixmg Island
La. & Mo. Riv.
June
Companies, It is published on the last Saturday of every Louts. ET.&St.L. IstVkOot
other month —viz., January, March, May, July, Septem- Louisv.&Nashv. IstwkOct.
ber and November, and is furnished without extra charge Lou.N.A. &Chic. 1 St wk Oct.
Louisv.N.O. &T. 1st wk Oct.
to all regular subscribers of the Chronicle.
Extra copies Lykens Valley
August ...
Keokuk
ltailr0a£ %nidlxQznu,
1
Kingst'n
.
'
.
.
i
..
subscribers of the Chronicle at 50 cents each,
to others at |1 per copy.
are sold
and
to
•Mexican Cent
Ist wk.O^
Int ttUt.X'rtb, Sept'mber.
Mobile & Oliio
Sejit'uiber.
Nash. Ch.&8t.L. Augu.st
Xat<ihez Jac. tfeC August...:
New Brunswick. July
.
BoADS.
Weekoriio
1888
Reported.
1887.
Jati. 1 to Latest Date-
1888.
1887.
9
$
August
185,713 192,725 1 ,327,664 1.302,592
Atch. T. & S. Fe. July
1,333,826 1,534,'^ 02 8,508,398 10.026,537
Atlanta & Char July
...
91,053
85,168
715,986
680,954
Atlanta &W. Ft.. August ...
ie.SO.'i
26,081
248,739
234,707
AUantioA Pac. IstwkOct.
61,335
52,785 2,117,495 1,987,654
B.&O.Ea8t.IJnes August
1,565,043 1,601.693
Western Lines. August
393,505 429,988
August
l,95M,.n48 2,031,631
Total
Bait. <fe Fotoniai August
133,940 116,227 1,006,524
934,872
August
Beech Creek
73,2411
63,755
618.629
472,124
Buft.Eoch.ifcPitt IstwkOct.
34,853
41,766 1,431.586 l,»il6,494
Bnr.C.Rap.&N.j. 3d wk Sept
68,511
66,552 1,856,403 l,^92.978
Cairo V. & Chlc 1st wk Oct.
16,306
15,793
549,276
573,677
2(1 wk Sept
ObI. Southern .
20,424
24,669 1,158,061* 1,003,^48
{Camden & AiV, August
147,3ti8
149,98:1
507,242
510.278
St wkOct.
Canadian PaeiH
281,000 267,000 9,631,483 8,171,469
Cp.F'r & Yad. Val Sept'uiber.
27,554
28,637
231.844
193,723
Carolina Cent.. .lulv
33,911
2T8.92S
28,866
260.611
Cen.RR.&Bg.Co. August.... 528,783 466,182 4,24s,721 3,597.259
Central Iowa
tthwkSept
31,425
28.831
995.722
950.749
Central of N. J
August
1,369,315 1,187,827 8.381.613 7,518,718
Central Pacitic July
1,385,438 1,229,537 8,695.502 7,116,926
Central ol 8. C. July
6,9.58
5,0858,166
46,721
Cent. Vermont. 'stwkOet.
63,695
63,124
Oharlest'n &Sav July
37,419
30.2.-)7
337,804
293,i77
Cheraw A Darl July
4,179
4,060
41,786
38.813
Ches. & Ohio
3d wkSept
87.107
98,477 3,234,724 3,159.982
Ohes. O. & 8.
Sei.t'iubcr.
.
169,215 187,046 1,425,240 1,366,679
Cheshire
June
50,835
57,699
2(16,507
298,647
Chee. & Lenoir.. July
5,816
4,774
44.315
35.718
Chic. & Atlantic. IstwkOct.
41,656
48,341 1.655,324 1,663,375
Chlc. Burl. <feNo. August
186,537 181.226 1,160,146 1,613,351
Chic. Burl. &Q
August... 2,273.702 2,382,103 14,113.168 17,826,011
Clilc. & East. III. 1st wk Oct.
57.400
52,100 1,598,196| 1,531,698
Chlc. & Ind. Coal IstwkOct.
10,794
10,860
386,765
303,617
Chic. Mil. &st.P. I St wk Got.
615,500 618,363 17,677,500:18,025,811
Chic. AN'thw'u. August
2,295,291 2,609,-94 15,922,383 16,6.59.115
Chic. & Oh. Rlv Si pt'iuber.
10,207
5 '..766
7,772
42,755
Ohic.8t.P.&K.C. Sepi'inber.
250,258 215,241 1.599,404 1,123,928
Chio.St.P.M.&O. August...
605,507 592,339 3,950,404 4,146,826
Chlc. & W. Mich. ithwkSept
30,248
38,851 1,014.775 1.0.^6, 70 5
Cln.Ind.8t.L.&C. July
196,731 214.384 1,458.695, 1,500,111
Oin.Jack. &Mac. IthwkSept
14,393
15,903
387,892'
341,766
Cln. N. O. &T. P. Sept'mlier
321, 15i
309,917 2,674,623 2,426.796
Ala. Gt. South Sept'uiher.
11&,86G 137,863 1,098,322 1,098,372
N. Orl. & N. E Sei)t'iuber
63,4'.;3
56,332
595,121
462,249
Vlcksl). & Mor. Sept'mber
28,833
51,939
314.8()2
364.254
Vlckg. Sh.&P. .Sept'mber
39,338
58,816
357.114
369,762
Erlanger Syst .Sept'uiber.
571,614
614.867 5,040.043 4,721,437
01n.RieU.&Ft.vV. IthwkSept
10,588
13,128
300,519
306.972
Ctn. Sel. &Miib.. August
7,73(1
8,618
65,856
61,223
Cln. & Sprlug'U ;S wks Aug
71,443
73,971
730,0^8
715.704
«n.Wash.&Balt. 4lhwkSept
55,639
69,145 1,541,820 1,597.958
Olev. Akron &Col 3A wkSept
16,760
11,752
467,639
403,061
Olev. & Canton .iugust...
34,382
33,097
249,355
234,635
CleT.Col.C.& Inil 3 wks Aug 216.190
264.939 2,470.803 2,599,737
Whole system. August ..
722,631
764,833 4,793,641 4,956,449
Cley. & Miuiuttii IthwkSept
6,921
7,686
201,686
220,435
Color. Midland.. IthwkSept
112,375
961,917
Ool. & Cin. Mid ithwkSept
10,293
8,699
271,255
238.345
Ool.Hock.V.AT. IstwkOit
81,728
72,527 2,271,621 2,067,675
Den V. & Rio Gr 1 at wk Oct. 157,000
181,000
5,799,991
5,902,292
Deny. & R. a. w. 4thwk8ept
39,625
41,775
953,122
820,801
Den.S.P'k&Fac. July
109,059 126,333
8'20,416
720,174
Det.BayC.&Alp. August
40,221
53,834
323,287
322,863
DetLans'g&No. IstwkOet
22,175
20,676
765,996
868,965
DuluthS.S.&Atl. iKtwkSepl
44,377
39,20:
935,970
927.915
E.Tenn.Va.&Ga. IthwkSept 136,117 157,577
4,036,435 3,755,349
Bvans.ilnd'plia 1st wk Oct
5,225
4.622
184,597
180,337
Eyansv. & T. H. IstJwkOct.
16,301
18,496
652,829
660,354
Fitchburg
.. August
531,365 486,023
Flint & P. Marq. IthwkSept
47,677
66,365 1,799,251 l,928".i8'8
Fla.K.&Nav.Co. August
58,717
64,153
674,748
667,775
20,137
'^tJf,-* """•City '.id WkSept
17,142
668,554
456,671
tWhole syst'iu. 2d wk Sept
41,350
Georgia Paciiic 3d wk Sebt
23.672
34,964
86il857
823,041
Gr.Rap.&l!id... 4thwkSept
55,799
66,108 1,677,6G9 1,771,092
Other lines.... 4thwk8epl
4.333
5.156
146,690
119.828
Grand 'I'runk ... Wk Sept ^9 433.831 454.371
13,369. 518114. 41o;963
Gull Col. Ji 8. Fe. July
280.117 219,321 1.478,816 1,289.177
Hou8.&Tex.i:en. Itliwk Sept
91,6^5
83,019 1,738,821 1,814,320
Huinest'n&Shcn Sp]it'uib(T
14,800
16,i'08
106.708
111.922
Ill.Cen. (Ill &8o) .Sept'uiber
910,671 1,099,738 8,389.036 8,-62,310
Cedar B.& Mm. Sept'mber
10,62(1
9,781
71,667
85.>-73
Uub.A Sioux C. Sepfmber
88.975
77.592
596,653
591,591
I».Fall8&8.C. Seiit'mber
69,061
61), 507
574.233
487,8-iO
Iowa lines... .'Sept'iuber
168.656 153,879 1,242,553
Total all
iSept'mber 1.079.327 1,253,617 9,631.589 1,165.346
9.427,656
Ind. Dec.&West Sept'uiher.
39,763
38,674
209,05;*
31 V, 620
Tnd. 4; St. Louis 3(1 wk Aug
45,893
47,187 1,215,189 1,264.890
KanawhaAt Ohio 4thwk Sent • 7,417
5,479
202.959
128,847
K.C.Ft.8.&M<.,K. 3.1 wk S.lit
83.212
99,7.59 2,979,223 3,337.737
<-'!• '*'8l>
i;bl wk Sept
5*^'
6.213
4,977
190,282
181,338
K. CWy.A N. W.JAugust....
29.211
Kentiurkr Ceuf Sept'mber.
101.322 l"67,3"l'8
Allegheny Val.
N.Y.Cen.&H.R.
.
N. Y.
& New Eug.
August
.
N. Y. & Northern 1st wk Oi't
N.Y. Out. & W.
IstwkOct.
!
N.Y.Sus.&W... August ...
Norfolk & West 1 St wk Oct.
N'theastrn (8.C.) July
Northern Cent'l. August
Northern Paoitlc St wk Oct.
.
1
Ohio&Miss
IstwkOct
4thwkSept
Ohio River
Ohio Simthem
Sepl'm'.er.
Ohio Val. of Ky Sepfmber.
Omaha <k St. L. August...
Oregon imp. Co. July
Oreg. R. & N. Co August .
.
.
.
I
.
Greg. Short Liue'July
Penusylvauia. .. August.
Penn. Co
to Latest
1888.
Datf.
1887.
9
8,050
223,747
3,705
149,318
37,534
277,207
44.032 1,609,719'
17,694
185.653
849,003 6,547,151
20.199
471,489
77,3
2,755,8.47
46.467
205,619
24.252
711,107
350.380 12,187.885
48,890 1,700,070
49,677 1,622,896
65.181
674.282
6.6il
63.695
34.792 1.118.424
83,029 4,255,988
M
231,013
126,827
2,50,255
1,594,042
183,758
5,444,757
541,068
2.602.540
272.289
7(11,836
11,901,710
1,707,849
1,401,178
417,-521
49,012
1,180.625
3,517,248
139.163 1,.500,62 7 1,144,645
66.288 2.781, .529 2,639,776
67.515 2,132.903 2,541.205
21,897
805,206
721.003129,720
970,625 1,071,273
146,751 4,668.631 5,608,651
32S159 333,393 2,131,722 2,211.528'
174,157 242,948 1,727,434 1,763,316
272,1-5 272,481 2,024.784 1,985.638
10,496
12,315
92.520
99.8U0
75.609
72.344
477,546
434.722
3,350.038 3,438,555 26,096.633 26,275,799
2,44ii,7H(i 2,411.831 17,666.146 17,240,698
554.526 512.073
516,308 475,471 3,423.074 3,225, 83»
12.787
11.050
32.336
31.443 1,319.182 1,184398
146,655 131,475
928.978
887,144
116,330
98.308 3.677,612 3,075,121
33,651
31,945
375,452
312.823
600,205 608.628 4,062,692 4,226.557
473,945 348.328 12,826,691 9,705,853
104,268
109,025 2,899.557 3,141,006
14.479
10,-84
342,136
2 )5,045
48,009
52,881
401,730
411,488
10,32 4
96,294
8,158
64,700
34,490
33,872
250,819
273,252
421,037 376.393 2,911,618 2,180,795
56^,211 422,776 3,8^4,183 3,Ili<,060
222,094 174.872 1,397,870 1.090.686
5,390,939 5,022,012 38,071,519 86,017, lOfr
25.?.24
69.273
22.380
120.500
115,925
N'rthw'm sys. July
1,374,447 1,518,121 9,735,630 10,100,320
S'thw'rn sys. July
1,074,848 1,184,154 7,439,259 7,822.255
PeoriaDec.&Ev. Sept'mber.
71.739
7-<,402
508,223
635,687
Petersburg
Augu«t .
31,621
290,-540
27,588
238.198
Phila.<feEri'e
August..
476.845 381.051 2,815,487 2,632,428
.
& Read'g. August.. 2.014,568 2.(155,764 13,102,192 14,034,919
Coal & Iron Co. August.. 2,438.162 1,979.716 11,401,123 11.404.209
Tot.bothCo'8.. August .
4,452,73 4,035,480 24,503.315 25.439.119
Pitts. & West'm 4 th wk Sept
52.519
61,136 1,459,883 1,480.280Phlla.
.
.
Seiit'mber.
& W. Aujus;
N.Y.Penn&Ohlo TiUy
N.Y. L. E.
.
W
91.692
7,641
19,414
84,443
8.013
176,729
1
RAILROAD EARNINGS.
Hamingt
42,<I92
Mar.Col.ife Nor'u [Sept'iiiber
Memphis &Clias. 4 thwk Sept
Guad'jara Br. IstwkOct.
The General Quotations of Stocks and Bonds, occupying Mex.
N. (all Ins) .Viigust
six pages of the Chronicle, are now published on the •MexlcaiiRailwT Wk Sep. 22
MII.L.Sh.&West 1st wk Oct.
ttaird Saturday of each month.
Milwaukee ^ No. Ist wkOct
Mlnneap.ife St. L. Sept'inber
Mo Kan &Tcx. IstwkOct.
Laletl
.S
7,252
4,106
39,848
49,695
22,785
1,068,940
12,361
84,431
33.281
22,150
337,340
48,906
Jan. 1
1887.
P'rtRoyalAAug. July
Ft. R'al&W.Car. July
Prescott.
& Ariz.
22,693
21,552
Sept'mber.
1(1.137
Rlch.&Allegiry. August
64,719
UAW.P.Ter.Co-
AUauv. IstwkOct
148,9.-0
Va. Mid. Uiv.. l>twkOct.
C. C. & A. Div. Ist wk Oct.
37,400
26,850
Col.
16,'200
Rlch.
& Gr. Uiv,
West. N. C. Div
W. O. & W.Div.
wk Oct.
1st wk Oct.
1st wk Get.
iBt
Ash.&Sp. Uiv. IstwkGrt.
Total all
1st wk Oct.
Rich. & Peters'g August
KomeW. &Og.
July
TI8t.L.Alt.&T.H. 3d wk Aug
Branches
IthwkSept
St.L.Ark.&Tex IstwkOct.'
St.L.&SanFraii. IstwkOct.
St.Paul&Duluth Sept'mber.
St.P.Min. &Man. August ..
S.Aut.&Ar.Pass. Sept'mber
Scioto Valley
July
Seab'rd <& Roan July
Seattle L. S.i E August ...
Shenandoah Val. August
South Carolina.. August
So. Pacific Co.—
127,901)
163,182
790,000
95,440|
52,7-9
38,215
16.091
87,000
01,378
..
Gal.Uar.&8.A.'july
Louls'a West. July..
Morgan's L<&T. July ..
N. Y. T. * Mex. July
Tex. &N. Orl.. July ..
Atlau'o system July..
Paoitlc system July ..
Total of all.. July ..
RR.—
3.381,490
1,375,193
65 -,974
433,428
494,273
93,239
3,6(10
19,131
83.775
6,500.272
176,371
1,798,914
1,215,189
87,260
86,726
548,562
76!,292
2,575
250,125
402,344
3,182,fl54
1,257,452
608,528
380.515
554,001
92,027
51,631
6,10ii,808
152,231
291.480
1,677,371
1,264,890
47,187
673,847
31,196
661,860
78,458 2,0 .0,603 1,785,483
130,626 4,192,768 4,567.774
185,512 1,122,223 1,137,683
684,934 5,703,371 1,752.397
356,472
709,338
57,670
423,346
69,335
361,974
312,894
357,772
32,218
554,473
694,181
I
182,368
554.678
155,598
84,842
New Mex. Div June
Spar. Un. <&Col. liUy
8tatenl8.Rap.Ti Sept'mber.
SumiuitBrauch Augu.st
SutroTunnel
Texas & Pacific
Tol.A.A.&N.M'b
Tol. & Ohio Cent.
Tol. P. & West
Tol.8t.L.&K.C
Union Pacitic...
.
VaUeyof Ohio..
Wab. Western...
Wab., E. of Miss
WestN.Y.&Fa.
Western of Ala.
West Jersey
W.V.Cen.&Pitts
Wheeling &L. E.
t
Col.
146.400
3«,600
26,850
17.400
36,600
186,433
150,265
j
No. Div. (Cal.) .Tune
So. Div. (Cal.) June..
Arizona Div .. June
VVil.
196,427
178.431
90,936
402,222
266,322: 251,414 2,120,893 1,810,397
452,416
71,125
70,540
516,421
335,5261 297,388 2,773,038 2,239,407
92.063
9,793
9,547
62,448
686,875
109,4241 107.730
773,672
792,191
736,639 6.246,468 5,281,156
2.947,469:2,467,162 19:549,542 15,0s2.841
3,739,659 3,203,801 '25,796,01l''20,363,998
.
So. Pac.
37,400
3.300
2,575
252.525
20,459
300,398
45,893
25,443
80,990
17,843
13,642
6,831
65,65
& Aug
oWisconsln Ceu.
5.851
164,585
29 -(.081
130,383
62,399:
4,941;
796,257
888.892
3.388,459 1.952.603
835,701
1,136,098
372,908
540,839
36.1 '27
53,751
690,864
743,480
790.184
957,9101
171,803
227,891
4,513,932 4,176,282
393.641
491,789
776,093
884,557
692,980
646,714
97,363
92.387
145,577 119,942
August
27,334
9,526i
Ist wk Oct.
136,350 147,848;
Ist wk Oct.
15,v08
11,163
1st wk Oct.
28.312
22,4441
4thwk8ept
22,937
24,023
August
55,088'
66,107
August
2,587,356 2,530,598 18,625.000
Seiit'mber
492.274
58.692
57,3751
1st WkOct.
126,000 137,000 4,309,954
July
511.999 638,573 3,423,965
Ist wk Oct.
69,200
57,6,0 2,407,6o7
August
27,793
284,023
33,957i
August
243.238 231.060 1,100.911
Augu-t ...
39,218'
63,870
397,828
Ist wk Oct.
17,071
14,1971
660,665
July
44.1,47':
45,590
44,119
ISLwkOot.'
78,683' 2.855,461
81.592
18.037,863
46i,406
4.>-84,324
3.721,410
2,113,126
283.112
1,031,544
217,178
458.473
394.506
2,802.279
1
,'.'•
}
And branches.
*
Mexican oiirrenoy
Includes whole system from Fort Worth to Denver, but not earnings
onjoiut track— Pueblo to Trinidad.
I
H Including Indianapolis
A St.
Louis.
a All lines Included.
OCTOBEB
THE (JHRONICLE.
18, 1888.1
Latest Gross Earnlngrs by (feeks.—The latest weeklf
earninga in the foragolng table are aepa'ately aum-nsd up
as follows.
tBMk of Oetobtr.
AtlnnUo
1888.
Cfinral Vrrinont
63.69.5
4I.)IS6
6.3,124
A Atliintto
* Kiist. Ills
A
CUli'iim)
lad. Coal
Chli Miro .illl.
St. Paul..
0)1.
V.il
Toledo....
*
H
&
I).'ii\rrtH: Klo (Jraiulo ..
Dm. I.aiia. & North ..
Kviiii.Hvlllo A IniUamii)..
Evauavillf & T. H
Klnxstnii A Pembroke ..
.it
Wo8t«rn
LoulsvUU.
N
&
St. L...
Na<hvUle
Alb.
Loiiisvllle N. O. <t
&
...
Chlo.
Texas
Mi'xiiHU Central
MllwiiukcMi
M
il
waukeo.
*
West.
I...
Sli.
A
Nortlicrii
.
,
Kan. A Ti'xas..
New York A Xorthem
New York Ont. & West...
Norfolk AWVstcm
Mi-ssouri
Northern Paeitlo .........
Ohio A MUslsslppt
Richmond A DanvUle
....
Viricinla Mid. Ulv
Cliiir. C.
A. Div
Or. Div
Col.
A
5M00
10,794
10.860
618.363
01,5,500
A
West. North Car. Div...
Wash. O. AW. Div
Ash. A Spar. Div
St. Louis Ark. A Texas...
8t Louis A San Fran
Tex.18 APacltio.-.i
Toledo A. A. A No. Mich..
Toledo A Ohio Central ...
27,l'37i
72,.527
9,201
1.57,000
181,000
20.676
"i',499
5,2 i5
4,62i
l;i,301
18.490
3.705
44.032
77,324
24,252
350,3 -iO
48.S90
49.677
83,029
67,515
21,897
146,751
11,056
31,443
98,308
348,328
4,106
22,
t
.SO
337,340
48,900
42.092
84,443
0!).273
22,380
115.925
12,787
33,336
11«,330
473,945
104.268
118,900
37,400
26,850
16.200
37,400
3,300
2,575
80,990
127.900
136,350
Net...
Gross.
Net...
0,083
"08
5,300
81.729
22.175
A Mar. Oo..<ir.>H.
Petersburg..
Petersburg. .Cirosa.
Net...
Wlsoonslu Central . Gross
Net...
Rich,
lb
. .
24,000
•
def.
1
"ioil
liE
No. .Gross.
Net...
2,102
13,040
10.
7,585
1,U4
1,758
481
30,826
1,731
Intemat'l
A Gt.
lOmoaths.
•
—
.
1887
.
•
03.695
49,013
27,211
21,829
Jan. 1 U)July3\.—-,
1888.
1887.
9
No.. Gross.
Net...
Rome Wat. A Ogd.. .Gross.
Net...
Oct. 1 to July 31, > Gross.
Jan. 1 (o Sep'. 30.—%
1888.
1887.
.
6,611
3,449
9
1.22 (.211
2(),510
2<8,ia8
99,747
100,040
176,371
ia2,331
60.769
08,409
2,380,837 2.3M,01»
«
TulD.1888.
''
Rocutt.
1,300,821
8,00!)
7,641
3,594
36 1,5 10
l.l41,4«a
U1,I>7X
011,583
2 l»,8«7
211,507
120,07.5
92,567
3,881. |H3 3.118,000
19,131
•
0,603
7,107
l/tiO.O
2 '8.092
337,573
.
Ko€Ut.
Marietta Col.
1.140.469
317,339
8.V),125
17.1,482
181,923
27,588
10,222
396
20,459
147
377,929
133,384
738,»
3t>,»
1,136 a«fl2r..5l8
4-.'2.776
dor.
705,2110
19.5.9 in
l,50<J,fl27
105.9O0
80,426
44,591
27,001
Seplember.
1888.
1887.
603
2,195
"'ai-niSI:-
Mel...
s
11,550
48,341
57.400
64,431
Loiiisv Evans.
ic
64,33.)
4'>,69.5
liOim- Islau()
Loul.svll ,
26,955
563,211
346,180
31,621
Ore. R'jr
14,000
><c
Net...
"e,903
207,000
Utito
31,MtmM.
Uozloau Nutloual...Orou.
Ohio River
281.000
A
Auk.
9
CuiKillftn Pacltlii
Lak« Krin
(M),475
to
s
""513
riili:ii;o
Orou.
1
$
1.5,793
('hiciiiTii
Mlna. ilcHt Louis
Orow.
11 Nionthi.
Decrtai*.
62.785
41.756
Pnclflo
& Pittsburg.
<fk
Rdi'h.
VIn.
130.101
Net...
Qroat.
Net...
170.720
8,318
106,181
84,064
Ojt.
Ineruu*.
lU.3(ia
tll.ilo
1887.
109,082
38,810
1887.
34,851
B
<'air<>
18M.
101,621
16,100
KaatU.
Oeorgl* Paolflo
Net...
Earnings are again improvlii;^, and for tha Rritt wa'c of
October there is a gain of i"ii p it o )nt o » 43 roiis.
lit
439
*
..
1,390,401
..def. 67,783
300,398
128.9P1
291,48D
131,136
{Net...
1,79-<,<>14
1,677,371
70«,o:t7
678 397
2,658.308
1,10J,1C3
2,459.614
1,'I60,.50»
893
18,022
125,617
ANNUAL REPORTS.
4,757
109,0^.5
'2,500
146,400
30,600
26.850
17.400
36,600
8,600
2,575
78,45^
130,626
147,848
11,163
22.444
137,000
57,600
14.197
78,683
800
Western
Uul>)ii
Telegraph Co.
l.-ZOO
800,
CFor
"'300
the
year ending June
The annual report of the President,
30, 1888. J
Dr. Norvin Green, has
2,532
just been issued for the fiscal year ending Jane 30, 1888. The
reports of this company do not give any balance sheet, and it
1.5.208
4,015;
is therefore impossible to get at the facts relating to floating
28.31'2
5,868
debt, if any, and the various other item) umally given in>
126.000
Wabash Western
11,000
detail in the g-^neral balance sheet of railroad companies.
ii,'6o6
6 ',200
Western N. Y. A Penn ...
There is brought forw.ird ia the income aocoant from year
17.071
2,874
WbeelluK A Lake Erie
81,=>»2
2,909
Wisconsin Central
to year the item of " surplus," which oa June 30, IS.S'j, was
but elsewhere the surplus is stated as 119,05(5,7.11,
|7,49S,.54S
Total (46 mads)
207,407
4,073,623 3,931,099
124,8
and the discrepancy between these amounts is explained iu
142,524
Net Increase I4'28 p. c.)
the report of the President quoted below.
The capital stock of the ompany outstanding U $S6,199,p-For the fourch week of Septenber our final statement
shows a losi of 3'99 per cent oi 6i roads. Yellow fever and 853 06, of wliich |25,976 70 belonra to and is in the treasury
a diminish id cotton movement opera'es to reduod earnings on of the company. It was increased during the year to the
Southern roais, while in some c ises, also, results this year are extent o! f5,0(K),000 for thi special purpose of acquiring the
Obio Telegraph Co.
small p )rtioa of it is
Baltimore
based on one less working day.
still repr.'sented by certificates of indebt »dness, for which
capital stock certificates have not yet been issued.
lnerea»e.
Decrea.'e.
ith week of September.
The bonded debt at the close of the year was as follows
9871.398 00
Bonds due March 1 1900, 6 per cent
report'd
roads)
Prev'ly
(42
248,066 Bonds due May 1, 1900, 7 par cent
4,920,000 00
Central Iowa
1,325,000 OO
Bonds due May 1, 1902, 7 per cent
Chicairo A West Mich
8.603
Omoinnati Jack. A Mack
1,510
»7,116,3WW
2,540
Cincinnati Rich. A Ft. W
"The maintenance and opera
The President's report says
13,506
Ciu. Wash. A. B.ilt
765 tion of 14,.561 miles of additional line, with 91,607 miles of adClevelanil A .Marietta
Col. A Cin. Midland
"2,156 ditional wire, and l,5S3additionalofli ;es. requiring3,831 addiDenver A Rio Grande W..
21.460 tional employes, and the transmission of 4,i)6U,42.5 additional
East Tenu. Va. A Oa
18,688 messages, made an increase of expenditure inevitable; but
Flint A Pere Marquette..
10,109 added to the necessary increase of maintenance and oparation,
Grand Kapids A Ind
823
Other lines
total expense of the Baltimore
Ohio system
20,540 there was the
Grand Trunk of Canada..
for some months, with the additional cost of buying off onerHouston A Texas Cent. ..
Kaniwha AOhlu
ous contracts for leases of useless offices, an i for other privi31,2.^9
Loulsv. N. O. A Tex
and services which could not be utilized, th-) coutinued
15,378 leges
Memphis! A Charleston...
35,759 reconstruction of trans-continental lines, and th^ extraordiMissouri Kan. <k Texas
nary expense of rebuildmg and repairs consequent upon the
Ohio Valley oi Kenlueky.
Peoria Dec. A Evans
memorable blizzard of last March.
8,617
Plttsl(\ir« A Western.
" In addition to the acquisition of the Baltimore
Ohio
5,753
Bt. L. Alt.AT.H..i)ranche8
Telegraph system, consisting of 6,711 miles of lines, carrying
Bt. Louis Ark. A Texas...
Ban Antonio A Ar. Pas4..
54,087 miles of wire, for which $5,000,000 were paid in the
1,086
Tol. Peoria A Western
capital stock of the company at par; and of the New York
Western N. Y. A Penn
Southern Telegraph system of l,.5'i8 mi'es of lines, and 5,090
446,792 miles of wire, there was constructed directly by the company
Total (68 roads)
246,937 and paid for out of the treasury 6.323 miles of line and 32,43(>
Het decrease (3 99 p. c)
miles of wire, on which account there was appropriated
Ntt Earnings Monthly to Latest Dates. The tables follow- f 1,219 590 67 in cash. There was also taken and paid for in
ing show the latest net earnings reported this week, the cash 1400,000 of additional stock in the Metropolitan Telereturns for eacii road being published here as soon as received, graph
Telephone Company at par. The total additions tobit not kept standing from week to week. The figures cover the plant were 14,561 miles of lines and 91,007 miles of wire,
the latest month and the totils from January I. In addition and 1,5S:1 additional and newly equipped offices. The acquito which we also give the totals for the fiscal year on those sitions during the year in mileage of lines and wire and numcompanies whose fiscal year does not correspond with the ber of offices are about twice as great as the entire plant of
calendar year.
any competing system the company ever ha-i, and greater la
-Augutt.Jan. 1 loAug. 31.-. mileage of wire than th • entire s.vs-.em of this company after
1887.
1888
1888.
1887.
with the Atiiericau and United State*
its coneo'idation
S
Boadt.
$
companies in 1866.
Bur. C. Rapids A No. Gross.
215,206 237.634 1,662,736 l,812.2fiH Tel€»raph
"The averajje rate receive<l per mes 'age during the year wa»
379,275
307,770
Net... • 35,031
47,400
49-',017 31 and one-fifth cen s. as against 30 and two-fifth cents for
75,7.58
78,322
467,132
Cairo VIn. A Chlcago.Gross.
154..1ilt
136,499
Not...
31,508
37,146
the previiuis year and the average coat to the company of
246,5i»5
26J,9 :. handling its messages was a fraction greater than the preMay 1 to Aui?. 31. J Gross.
110,855
82.953
jNet...
4 months.
Th« incr<;aae
vious year, 23 and one-fifth cents per message.
829,379
803,1.52
115,314 112.869
Central Iowa
Gross.
cent in th-^ average rate collectwl is due p»r28,914
o Ji» o' less than one
17,3J9
37.774
0/11%
Net...
8,311
advance of the ten and fifteen cent rates for
186,537 181,226 11G0 116 1 6rt 151 h'»Uy t''''e
Chic. Burling. A No.. Gross.
'4oii;684 short distance meiBSLgea, but more largely to thj greater per'ii9|i23
Net...
45,570
45.255
2,720
11,498
«
;
&
A
,
:
&
'
.
&
&
,
—
&
,
.
.
;
|
THE CHRONICLE.
440
[Voh.
xLvn.
centage of increase in the long distance messages, on which a meeting of the stockholders of the above roids, similar
actioa was taken. The effact of the onsolidation of th-sae
the rates have been reduced."
01 the surplus balance accumulated since 1886 the President cotipanies will be ti reduce the ag^rogate ciptalizuion aid
remarks " The balaoce of |9,0o6,751 is the aggregate surplus to form a syst.m of 535 miles of railway in I'jwa, Slinnesota
not represented by any form of capitalization, and whicti has and Dikoti, wittiheadqtiarters in Dubuque, and the President
chiefly be n invested in construction and new properties. and a majority of the directors in the VVeit, seven of them
The difference between this balance and that which is shown being residents of Iowa. The adjustment of stock for the
in the statement of " business for the year" is b. causa of new onsolidation was on the following basis :
:
appropriations for construction out of earnings previous to
-October 1, 1881, over and above the $15,'')36,590 capitalized by
the issue of capital stock in 1881, and which, pr::vious to
October of that year, had been carried into the quarterly
statements. Since that period, in compliano a with a resolution of the Board of Directors, a separate account of construction and purchase of new properties has been kept,
which, as shown in tlie last previous report, has been credited
with
with $1,000,000 received from the sale of bonds
$143,976 from the sale of telephone properties, and with
f 1,199,853 capitalized by the issue of scrip dividend since converted into stock all of which were applied as a credit to this
account.
Of the $51,185,565 which has been paid to stockholders in
cash dividtnds since July, 1866, $30,051, f'33 have been paid
since the consolidation with the American Union and Atlantic
Pacific companies in January, 1881, and in addition
thereto $13,193,'?23 have been alvanced and paid within the
same period for new and additional properties, on account of
which, however, $1,143,976 has been derived, as be'ore stated,
and the remainder advanced and paid in cash out of the
fraction less than $1,300,000 was
treasury of the company.
capitalized by the issue of the scrip dividend and credited to
''
"^.'.
this account."
The results for three years were as below, compiled for the
Issued before To rereine in
Dubuque & Sioux City
Iowa Falls & Siou.K City..
Crd:ir Rapids
CUerokee
;
—
&
A
Cheonicle:—
18S5-86
$16,208,639
Eevenues for tlie year
—
Exvenses
Operating anil gen. expenses
Eontals of leased lines
$5,510,658
1,892,347
Maintenance & reconstruction.
1,273,123
Taxes
499,592
Equipment of ofBccs and wires.
203,061
.
Total expenses
Prollts
Binltlug funds
Total disbursements
,
1,899,9.54
1,673,670
278,594
224,965
$13,154,628
if3,919,356 $4,037,282
Visbursemenis —
Balance of profits
aurplus July 1 (begiu'g of yr.)
Bounce of proUts for year
$9,077,445
$12,378,783
For dividends
For Interest on bonds
For
1886-87.
$17,191,910
. .
$3,399,573
494,461
39,991
$811,964
493,074
$3,934,025
det. $14,169
$4,324,004
def. 14,169
$1,344,929
$3,692,353
$4,309,835
2,692,353
39,991
Total nominal surplus June
30 (end of year)
$4,309,835
$7,002,188
* See remarks above In regard to tliis balance.
&
Cliicago..
& Dakota
The new board
Miles.
Authorix'yd,
mei'fffr.
143
183
43
156
^6,000,000
6,000,000
1,500.000
3,100,000
.¥5,000,000
4,600,000
1,300,000
3,100,000
cniHol. CO,
$5,000,000
2,875,000
25,000
100,000
{525 $16,000,000 $14,200,000 $3,000,000
of directors is as follow?: Stuyvesmt Fish,
V. R. Cruder, John Anthon, H. F. Webster, A'hert Wilcox
and W. D. Guthrie, New York; E. C. Wjodruff, Eliz ibeth,
N. J.; E. H. Hir.iman. Chicago; W. J. Kaigut, M. M. Walker,
J. T. Hancock and J. V. Rider, Dubuque, I«.; S. L. Dowe,
Cedar Ripids, la.; A. S, Gatretson and J. F, P^avey, Sioux
S.
City. la.
— The
decision of the District Court in the case of the
Sioux City Railroad Company vs. the Cedar Falls
& Minnesota Company, in which an injunction was issued
against tha latter roid b ised on the alleged fraudulent character of is lease, has been reversed by the State Supreme Court,
and the in junction vacated,
Dubuque
Flint
cmupiny
New Yo
&
& Pere Marquette.— The common
to the
amount
stock of thia
of $8,398,303 has been listed at the
k Stock Exchange, and
all
persons
now
holding or
desiring to purchase its fecurities will be interested in reading
tha fu'l application to the Stock Exchange on another pige
under "Rtjports and Documents."
—
1887-88.
Missouri Kansas & Texas. Judge Brewer in the United
Stites Couit at Leavenworth, Kan., Oct. 6, appointed two reTexis Railway. They are
$10,065,843 ceivers for the Mis ouri Kansas
l,942,48ti
Gecrgs Edrfy, a wholesale druggist and penonal acq'iaintance
2,0,5,126 of Judge Brewei's, and H. C. Cross, President of the First
355,878
241,269 National Bank of Emporia, Kid., and formerly connected
Texas. These are good appointwith the Missouri Kansas
$14,640,592 ments, and ic does not appear that either of them is in the in$5,070,572 terest of any ftc ion.
The report of the Investigating Committee on behalf
$4,043,9rO
490,-J58 of this company as to itspres-nt condition and relations with
40,0 JO the Missouri Pacific was publi^hed iatheCHKONlCLBof S^pt. 1,
on page 357. O.i behalf of Mr. Russell Sage and the Missouri
$4,574,208
Mr. E. C. M. Rind was a member of the joint commit$496,364 Pacific,
tee, and he has made an elaborate report, of which the ooncla$7,002,185
496,364 sions (from advance sheets cbiainei) are as follows :
"First—That the Missouri Kansas & Texas E illw.ay Company had
been bankrupt, as a result of careless inji'dicious and extravagant raan**7,498.549 aiteuient, from Its Inception up to 1880, tile time Mr. Goud and the
$19,711,164
&
&
^^^souri Pacitic liailway Company's direitors a.ssumed the mauagelut; that 11 was, and is now, too heavily burdened witb debt and
111
The following
table exhibits the mileage of lines operatei
number of ofiices, number of messages sent, receipts and
profits, for each year, 1865-86 to 1887-88 inclusive.
Mites of Mites of No. of
Year. Potts <t V'bl's. Wire. OMcrs.
Messages.
Receipts.
Profllt.
1865-66
37,380
75,686 2,250
1866-67.. 46,270
85,291 2,565
5,879,282
6,.568,925 2,624,91!
1867-68.. 50,183
97,594 3,219
6,404,595
7,004,560 2,641,7H
1868-69.. 52,099 104,584 3,607
7,934,933
7,316.918 2,748,801
1869-70.. 54,109 112,191 3,972
9,157,646
7,138,737 2,227,9(i{
1870-71.. 56,032 121,151 4,606 10,646,077
7,637,448 2,532,661
1871-72.. 62,033 137,190 5,237 12,444,499
8,457,095 2,790,23i
1872-73.. 65,757 154,472 5,740 14,456,832
9,333,018 2,757,965
1873-74.. 71,585 175,735 6,188 16,329,256
9,262,653 2,506,92*
1874-75.. 72,833 179.496 6,565 17,153,710
9,564.574 3,229,15';
1875-76.. 73,532 183,832 7,072 18,729.567 10,034,983 3,399,50i1876-77.. 76,955 194,323 7,500 21,158,941
0,812,352 3,140,127
1877-78.. 81,002 206,202 8,014 23,918,894
9,861,355 3,551, 54 i
1878-79.. 82.987 211,566 8,534 25,070,106 10,960,640 4.800.441^
1879-80. 85,645 233,534 9,07" 29,215,509 12,782,894 5,833,937
1880-81. .110,340 35.7,171 10,737 32,500.000 14.393,.543 5,908,276
1881-82. .131,060 374,368 12,068 33,842,247 17,114,165 7.118,07c
1882-83. .144,294 432,726 12,917 41.181,177 19.4t>*,J0'^ 7,660,3.50
1883-84.. 1 45,037 450,571 13,761 42,076,226 19,632,939 6,tilO,436
1884-85.-147,500 462,283 14,184 42,096,583 17,706,833 5,700,924
1885-86. .151,832 4h9,607 15,112 43,289,807 16,298,634 3,919,856
188H-87.. 156,814 524,641 15,658 47,394,530 17,191,910 4.03-,2-1
1887-88.. 171.375 616,248 17,241 51,463,955 19,711,161 5,070,572
.
GENERAL INVESTMENT NEWS.
Cahaha Coal Company;— This company, with a capital
stock of $1,400,000 and fiist mortgage bonds of $750,000 has
bad its securities placed on the New York Stock Exchange
list.
The officers of the company are Mr. T. H. Aldrich,
President and Treasurer, and C. Cadle, Jr., Vice-President
and Secretary, and the transfer office is with the firm of W.
S. Gumee, Jr. & Co., No. 7 Nassau Street. When a company
first lists a certain issue of its stock or bonds on the Stock
Exchange, it is very desirable to have the full application for
listing published in the Chromcle, as the statement thus
remains in the files and volumes where it can always be
referred to by persons de^iring original information in regard
o the company or the particular issue listed. Theapplicanon
of this company will be found to-day on a subsequent page.
Dnbnqne & Monx City.— A meeting of the stockhclders of
the Dubuque & Sioux City Railway Company was held in
Dubuque, la., last week. The capital stock was increased
from $5,000,000 to $8,000,000. Six new directors were added
to the list, m'lking fifteen. The new stock is to be if surd in
exchange for stock of the Iowa Falls & Sioux City Cedar
Rapids & Chicago and the Cherokee
Dakota railroads. At
:
,
&
interest charges.
'•
Second. —x'hiit
when the lease was made the Missouri Kansas &
lu running order,
ihe company of .fuU.yJS per mile and bonded for
cost
to
a
built at
^35,205 per mile, witb a cap.tal stock outstanding of $10,539 per railo,
and that since Mr. Gould and Mr Sage have had tlio iimnagemeut of the
property, tiiey have atlded 716 miles of road to tlio original 879, at such
lavoraiue terms and prices that tUocostot construotloii for the total
1,.595 miles has been r. dncod $11,853 per mile andibe bonded debt
mile also the capital stock $11,442 i>er mile— thereby givi> 5,970 iier
ing the boudbolders a bettor security by 16-9 per cent, and the stockholders au ass-t of 28 er cent more valuable, per mile, a road suiierior
and better in every particular than that ol 1880.
•'Third.— Thnt it bad never paid during a i-ingie year Its fixed charges
from its cmsolidation to 1880, and that since that lime it has paid tixed
charges i« full and .siieut for repairs, new equipment and bottermenta
more than was p <id for fixed charges a'ona p evious to the lease (1880).
"Fourth.— ThK Missouri Pacific directors up to the time of difault on
interest have Increased the averiigo annual business of the Missouri,
Kansas & Texas, and were able to pay the expenses, fixed charges and
other expenditures— all in the faci- of the fact that it is completely paral'eled and hemmed in by competing r,.ilwi»y systems, none of which
have any apparent interest in using its principal lines as connections or
its branches as fcedrs, but instead, have entered the same field for
Inisiness, causing grtai reduction in the rates for passenger and freight
This, with hostile laws, has produced the present dtlHculty,
Iratfic.
they being coiupelled through this competition and detrimental legislation to carry the tratfic the past two years at rates so ruinously low that
last year, tor instance, the net profit was only two and two-tenth mills
(o022) per ton per mile and five and six-tenths mills (-0056) per paasi nger i^er mile.
"Fifih—That the management for the past seven years has been or
the very best and lairest, notwithstanding eh.artics to the contrary and
the alleged division of tralHc, the latter -whclly untrue, as ttie records
for seven years pa'-t abundantly prove; charges which are unworthy of
consideration by the stock and bond holders in \iew of the facts before
stated, and tu.at the Missouri Kansas & Texas Railway property is In a
far better con<lUiou, jihysically, to-day than ever before, and better than
the majority of Southwestern roads.
" A'/xWi-Tbat if operated independently, the Missouri Kansas & Texaa
Railway would be iiowerlosa for sclt-preservatiou.
•'
The foregoing is stated without any prejudice whatever, and attor
carefully considering results and the matter in its entirety,' rather
than detairhed statements.
" In conclusion, I leave the problem prcFcnted as one tli.at must be
solved bv the common sense of those direcfy interested In the present
and future welfare of Uie Missouri Kansas & Texas Hallway Company.
The net earnings of this company by divisions are now furnished to the Chroniclb for the fi/st time, and since 1883
they have been as follows
NET EABKIKG8.
Total.
Xonh Division. Texts Dirision.
$3,197,007
$565,739
$2,631,268
188S
425,183
2.970,004
2,544,820
1H84
2,7; M,.553
2,234,077
564,476
I'<85
3,222,S90
\H-H\
2,490,265
732,624
1,611,376
255,206
1,866,582
1,S87
4!-3.rf93
12,!i65
506.859
18!i8(Jan. ltoJune30).
Texas Railway consisted of 879 miles eiiuippcd and
;
'
:
QP* For other railroad tumi let pages 432 and 442.
October
%eviovt3
FLINT
THE CIIRONIOLF.
18, 1888.J
THE CAHABA COAL MINING COMPANY.
and ^octtments.
& PERE MARQUETTE
APPLICATION TO THE
NEW YOUK STOCK
New York,
Ml
APPLICATION TO TlIK NEW YOUK HTOCK EXCIIANGK.
RR. CO.
,.
.
^,
.
New
YoBK,
A
-<
n.
i8f».
Application is ,hereby made to liavo pi,,
reirular
of the New York S ock Kxc^ttnKe tL
.„ 7 »,"
Gent 20-\oHr Gold Bonds of the Cnhal-a Coal Alininir
uJm-
EXCIIANCiK.
,
list
September
10, 1888.
1
,
Application is hereby made by the Flint & Pere jriiniu-tte
Bailroad Cornpiiny for the listing of 83,982 shades of tlio com- Poo"/ °' Alabama, amounting to $75(),i;0.l; ig.su.'.I ().-oI,<t n
mon stork of the saiil company, of the par value of |3,29S,2(iO. 1B8«, maturing .January 1, l«l>7; th pir v.ilii..
K)
This company wiis incorporated under the laws of the State each, numbered from 1 to 750, incliihivp int'
be
of Michigan, by filing under date of August HI, 1880, with the January 1 and July 1 at the Farmers' L(«in & Ti..,. ..„ :,„w
Secretary of State at Lansing, Michigan, a certificate of reor- York, at the rate of 7 jier cent per annum.
The Transfer Agent in case of registration, and Trustee
ganization and articles of association of the Flint & Pt-re
te
Marquette Railroad Company, successor to the Flint & Pore the Farmers' Loan & Trust Co,, of New York.
Also, the Capital Stock of the Cahaba Coal Mining
Marquette Rnilroad Company. The scheme of reorganization
C<nn.
and the transfer to the new corporation of all the profwrty, pany of Ala' ama amounting to one milli< n four huodnd
thousand dollars ($1 ,400,000;, corsisling of fourtftn thousand
riglits, franchises, trusts, etc., of the former corporation
was
approved by the United States Circuit Court for the Eastern (14,000) shares of one hundred dcllars (:^100) each.
The Cahaba Coal Mining Company was organized .July 13,
District of Michigan by the order of said court bearing date
1888, under the General Incoip: ration Laws of the State of
September 28, 1^80.
The capital stock of the corporation, authorized by its Alabama.
Ita property consists of 25,605 acres of coal and iron
articles of association, is ten million dollars, in shares
laoda
of one
lying in Bibb, Shelby & Jefferson counties, Alabama, with
hundred dollars each, divided into two classes, to wit
First— Preferred stock, which consists of the sum of |0 500 - six mines in operation on the property of sixteen miles of
stttndard g^uge railroad, substantially budt, with iron bridges,
000, divided into 65,000 shares of one hundred dollars each.
Second— Common stock, consistinar of |3,500,000, divided laid with 58-lb steel rail, and connecting its mines and mining
_
town (Blocton) with the Alabama Great Southern Ra.Iroad
into 35,000 siiares of one hundred dollars each.
The amount of capital stock actually issued and outstand- and the Birmingham Mineral (Ixiuisvi le & Nashville) Railing is as follows Preferred stock, |6,343,000 common stock, road, also with all the tolling stock necf sssry for its business
of its town, containing over four hundrtd houses, a store tOid
$8,298,2C0.
The company owns a line of railway within the State of depot, and such other structures necessary for its business,
all of which houses and structures are owned by the company.
Michigan, as folio its :
Its liabilities and asat ts are shown in the attached statement
MILEAGE OP KOAD.
" A ;" its earnings for the first three mouths of the
marked
Monroe to Liidingtoii
253-34 miles
Knst Siifriiiaw A; Bay City
present fiscal year ire shown in the statement marked "B."
12-68
'."
East Saginaw A Moiiut Ploasaut
1451 "
The total number of shares is fourteen thousand (14,000).
South tsaglnaw brunch
4-05 «
.'""
the par value being one hundred dollars ($10U), the capital
Uarrisou braucti
323.5 ••
11','.'
OttiT Liibt" branch
"
stock, therefore, being $1,400,000.
li)-r>i
'.'.'.'..'
Manistee Railroad
"
2J>-.")3
The officers of the company are: T. H. Aldrich, President
and Treasurer; C. Cadle, Jr., Vice President and Stcrctary.
3r.3-57 miles
The office of the company is at Blocton, Bibb County
Sidings
.22418 •'
'
"
•
;
;
'
:
;
'•
',
"
A'abama.
The transfer office is with the firm of W. S. Gumee, Jr., &
Of which 431'11 miles are laid with steel rail.
Co., No. 7 Nassau Street (room 14). New Yoik.
The company also owns four large steamers which ply beThe roMlstry office is with the Farmers' Loan & Trust Co.,
tween Milwaukee and Ludington, carrying freight and New York.
passengers.
Tiiis o mpany formerly had but one mine.
Upon its reorThe road is of the standard 4 feet 8^ inch gauge.
ganization in May, 1887, the stock was increased from
The following is the present equipment Locomotives, 80
$1,000,000 to $1,400,000, and its bonded indebtedness changed
parlor cars, 6 ; sleeping cars, 5 passenger, mail and baggage to $750,000, and the former issue of $500,000 retired and cancars, 73 cabooses, 38 box cars, 1,477 s'.ock and furniture celed. (See letter marked "C." from the Farmers' Loan
<fc
cars, 28 flat and coal cars, 1,334.
Trust Ca) Now, the mines, sir in number, are all finished
The bonded debt of the company, secured by mortgiigps, and are beginning to turn out coal, and when fully developed
which cover only 285.53 miles of the total mileage of 363-57 will have a capacity of 2,500 tons per day. Three hundred
miles, is as follows:
coke ovens are nearly completed, and contracts already made
Holly Wayne & Monroe bonds, 8 per ct., due Jan. 1, 1901... $1,000 000 insure a bu:iness for years to come at rcmiuieralive prices.
587^ miles
Total
:
;
;
;
;
;
;
Flint
&.
Pere Miirquette bonds, 6
i>er ct.,
due Oct.
1,
1920...
!^
1,000,000
In addition there have been issued $400,000 of Equipment
Bonds, which a^e payable |40,000 each year, beginning Nov.
and of which thi company holds for cancellation
$80,000, leaving outstanding, $320,000.
Ist, 1888,
DIRI-VG THE FISCAL
YEAR ENDING DECEMBER
eaminps were
Received interest and dividends
Tlie cross
-
f2,.'>72
«2,577,S00 79
1,815,-J82 95
^,
Op?ratlng expenses and, ^taxes
Not
Tlie payments were
Conpons .and interest
Dividends, 6I3 percent
31, 1887,
037 40
4,803 39
,
_
$702,517 84
750,557 33
$5,980 51
The company has remaining;
amounting to 79,377-65 acres.
Statement of the arsets and liabilities of the Cahaba Coal
Mining Compaay, March 31, 1888:
ASSETS.
.\econnt8 Receivable..
in its land grant, unsold lands
Bills receivable for lands sold,
$214,80!) 47.
$57,419 €8
Hiiildlngs
8»,'>12
Brickyard Plant
Coke Ovens
Coal on hand
Funded Interest
Inveiitiiryot Gooda in Supply House
Mine No. 1
"
"
"
$334.057 38
422,500 00
Balance
"A."
|
"
2
3
"
4
•'
"
" 5
"
" 6
Inventory of Goods In Store
Ofllco Fixtures
Real Estate
Radroad, Main stem and branches
Rilling Slock
Sinking I-'imd
60
33,304 22
42.5(,0 15
„
1,029 37
46,^50
1,.501
CO
70
11,5S1 31
•
.:
75,290
31,090
18,923
28,105
40
SO.oift
06
I,9i0
1,418.940
355.796
29.158
1,295
5,964
91
75
44
68
16
58
12
81
34
1,856 8«
Te>m8
W. Crapo, New Bedford, Mass. Telephones
960 06
Bedford, Mhss.; Lewis Pierce, Portland, Cash
9,040 26
Maine: Alfred M. Hovt, New York City; George Coppell,
New York Citj Jolm W. M.ackintosh, Boston, Mass.; FrancLs
$2,-261,149 99
LIABILITIES.
V, Parker, Boston, Mass.; J. Lewis S ackpole, Boston. Mass.;
$5;.915 63
Aceonnts
Payable
Henry C. Potter, Eist Saginaw, Mich.; William L. Webber,
12,r.38 88
Bids
East Saginaw, Mich.; Henry C. Potter, Jr., East Saginaw, BondsPayable
74!*,0OO 00
Mich,
1,40-,<00
OO
Capital Stock
47,695 49
Its officers are: William W. Crapo, President; H. C. Potter, ProUt and Loss
Vice Pr. sident; H. C. Potter, Jr., Secretary and Treasurer;
$2,2(11,149 99
David Elwards, Assistant Gen-ral Manager; Sanford Keeler.
The fixed charges for the year, consistinK of $45,200 12
Superintend- nt; William F. Potter, Assistant Superintendent;
requirements are
A. Patriarche, Genral Freight Agent; Gilbert W. Ledlie, interest and $3,442 19 for sinking fund
Auditor; William L. Webber, General Solicitor; W. B. Sears, charged off.
"B."
Chief Engineer; G. M. Brown, Road Master; A. W. Newton,
Net earnings of the Cahaba Coal Mining Company for three
Land Commifsioner.
mOLtlts ending June 30, 1888 :
Tlie ollice of the company is at East Saginaw, Michi.an.
$10.902 63
Aniil
Tlie tranfer agent is A. S. Apgar, at Merchants' E.\change
9.70433
:;:::::::......
M%y
National Bank, 257 Broadway, New York. The registrar of
o.7^4Be
June
trrnsfers is the Union Trust Company of New York.
$30,421 84
WM. W. CRAPO, President.
The committee recommended that the above-descrit)ed
Papers hereto annexed contain full statements and exhibits
$3,298,200 common capital stock be admitted to the regular required.
Very rtspectfu'lv,
Board of Directors: William
Loum Snow, New
;
CAHABA COAL MINING COMPANY.
list.
Adopted by the Governing Committee October
10th, 1888.
T.
U. Aldrich, Prt sident.
THE CHRONICLF.
442
New York,
Sept.
22d, 1888.
[Vol.
XLVn.
^kc CotwmercmX %xmz9.
COMMERCIAL EPITOME.
JStatements Supplemental to Application of the Cahaba
Coal Mining Company for Listing itn Bonds and Stock
with the New York Stock Exchange.
The mortgage securing the iesue of bonds covers 8,670 acres
of land, all of which is underlaid with coal; the entire railroad
and rolling stock; the six mines now in operation; the three
hundred coke ovens; the town of over four hundred houses,
The weather has been
Friday Nioht, Oct. 12, 1888.
some impulse to trade in
cold, giving
seasonable goods, but the chief interest of mercantile circles
continued to be directed to the speculation in wheat and
Weather reports
coffee, with growing attention to cotton.
and conflicting crop estimates are the chief bases of specu-
including its store, oflSces, depot, etc.,— in short, its entire
•workinK plant.
The land not included in tte mortgage has been acquired
since its execution, and is unworked and held for future development.
respect to the tot»l }ield of leading staples
action in
SINKING FUND.
opinions show a wide difference, and will probably remain so
and
pages
23
provides
(on
bond
the
securing
mortgage
The
US) that 3 cents per ton on coal shipped, and 5 cents per ton for some time to come, owing to the acknowledged difficulty
on coke, shall be paid into a sinking fund.
of getting reliable information.
On this account the company has paid into the sinking
Lard on the spot has declined materially, and closed somefund the sum of eleven thousand four hundred and forty-two
what nominal at 9o. for prime city and 9i^@9}^c. for prime
dollars and ninety- four cents (|11, 442 94), all of which has
been paid into the Farmers' Loan & Trust Company, and in- to choice Westtrn, with refined so unsettled that it cannot be
vested, or to be invested, in the company's bonds.
accurately quoted. The speculation in lard for future delivREDEMPTION OF BONDS.
ery reflects the complete collapse of the speculative corner at
The mortgage provides that the company may redeem its the West, attended by a sharp deoliae in prices for Oatober
interest,
accrued
value,
th^ir
face
bonds upon payment cf
more distant options, the
and a premium of 10 per centum. This provision is found on delivery and some depression in the
offerings to-day being quite free at still lower values.
pages 23 and 24 of the mortgage, and explains itself.
The company begs to state that it is earning, and has been
DAILY CL08INO PRICES OF LARD FUTtmES.
for over one year, sufficient to meet its fixed charges, its sinkBalurd'y. Uond'y Titesd'y. Wednsd'y. Thurtd'y. Friday.
8-90
9-90
,9-iO
ing fund dues, and to provide for a dividend on iis stock at Oct dellverv ...c. 10-40 1000
8-85
8-02
880
9-26
945
the end of its fiscal year; that its output and net earnings are Nov. delivery.. ..0. 9-'>2
8-47
8-55
50
8-78
8-58
8
887
delivery
o.
increasing each month; that it has paid the interest on its Dec.
8-15
8-49
8-50
8-79
8-75
8-52
Jan. delivery
c.
8-48
bonds as it matured; that it has an s ssured and successful busi- Fob. delivery
8-52
854
8-84
8-77
8-56
o.
8-47
8-50
8-78
8o8
8o2
ness; and that its property, the most valuable coal property in Year delivery.... o. 8-87
Alabama, is rapilly increasing in value.
Pork has been dull and weak, closing nominal at $16 25®
AU of which is respectfully submitted.
$16 75 for new mess and $18® $19 for clear back. Cut meats
C. Cadle, Jr., Vice-President.
ere unsettled and dull, prices at the close favoring buyers;
described
above
the
recommended
that
The committee
pickled bellies, 9i^@10c.; shoulders, 8?i@9c., and hams; 11®
Nos.
to
bonds,
1
20-year
gold
per
cent
f750,000 1st mortgage 7
Beef
750, inclusive, and the $1,4CO,000 capital btock be admitted to 113^c.; smoked shoulders, 9?^c., and hams, 12!^® 13c.
the regular list.
firmer at $7 503$S for extra mess and $10@$10 50 for packet,
Adopted by the Governing Committee, October 10, 1868.
per bbl.; India mess quoted at $23® $22 50 per tierce; beef
hams lower at $13 50® $13 75 psr bbl. Tallow is dull and
New York Stock Exchange.— New Securities Listed.— lower at 5J^c. Steaiine is quoted llt<@ll}^c. and oleomarThe Governing Committee of the New York Stock Exchange
gerine at 9c., a decline in both cases. Butter is in fair demand
have addtd the following to th^ list
$750,000 first and firmer at 20® 26c. for creamery and 12® 15c. for Western
Cahaba Coal Mining Co. of Alabama,
mortgage seven per cent twenty year gold bonds and $1,400.- factory. Cheese is firmer but quiet at 9® lie. for Slate fac000 capital ftcck. [See full statement on previous page.]
Denver & Rio Gr»ndb ER.— $3 000,000 improvement mort- tory.
gage five per cent gold bonds.
Cc flee on the spot has been active at buoyant prices, and
East Tennksske Virginia & Georgia Railway.— $100,000 the sales to-day were large, including Rio at 15%® IS^^c. for
additional extension five pf-r cent gold bonds, making the
No. 6 and 15J^c. for No. 7; also interior, June and September,
total amrunt listed $1,000,000.
Flint & Pere Marqoette RR. $3,298,200 common capi- sales at 18}4@18J'8<^. The speculation in Rio options was at
[See "Reports and Documents" in another column.] advancing prices to the close of Wednesday's business a partal stock.
HouSATONic RR.
$2,230,000 consolidated mortgage live
buoytial decline yesterday was followed to-day by renewed
lative
;
—
—
;
—
per cent gold bondp.
Mobile & Birmingham Railvs^ ay— $230,000 additional first
morttzage five ptr cent gold bonds, making the total amount
liBttd $3,000,000.
Toledo Ann Abboh
& North Michigan Railway— $5,300,-
000 capital stock.
&
Railroad— $74,000 additional con6 per cent gold bonds of lennessfe
the
total
division,
amount listed $1,254,000.
Utah
Northern Railway— $548,000 additional first
tnoTineme consolidated 5 per cent gold bonds, making the
Tehnesseb Coal Iron
tits'- mortgage
ancy and much excitement, the close being strong, with
ers as follows
October.
November
December
total
at 5 7-16c.
&
96 deg.
listed $1,907,000.
The New Jersey Land Improvement Company— Capital
stock upon the list was ordered di creased from $2,150,000, par
valu« $100, to $537,500, par value $25, at the reque-t of the
company.
—We have received a copy of the report of
the
Hong Kong
A Shanghai Bankicg Corporation for the half-year ending 30th
The profits amount to $710,441. out of which a
last.
dividend of £1 10s. i. per share is paid (equal to 15}^ ptr cent
per annum). $100,000 added to the reserve fund, rairing that
fund (o $4 000,000, and $10,441 carried forward to the credit
of next half-year's profit and loss account.
June
—
The Finance Company of Pennsylvania declared a dividend
of $2 50 per share, which was paid at the office of the company
on Oct. 8. The net earnings of the ccmpany on Oct. 1, 1888,
were $127,194, leaving, after payment of above dividend on
capital of $2,500,000, a balance of $64,694 undivided prcfi's.
Attenlitm is called to the special libt of bonds offered in
our advertising columns by Mr. George W. Dougherty Both
Investors and dealers n?ay find it advantageous to notice
the bonds wanted and for sale.
The committee of first moitgage bondholdera of t'
Richmond & Alh ghany Railroad opposed to the C&esappake
& Ohio schem" publish a notice to-day in the advertisiug
columns of the Chronicle.
Messrs. Blake Brothers & Co., of this city and Boston,
offer in our columns a choice lot of B jston city bonds. Parlies
looking for first-class investment will do well to refer to their
—
H"??"-
April
Jane
1410o. July
14100. August.
May
14-20c.
14-10o.
I
I
14-200.
14-20c.
14200.
I
|
for fair refining Cuba, and 6>ic. for Centrifugal,
Crop prospects are more favorable. The tea
test.
on Wednesday went
sale
off at
steady prices, though the
was
Kentucky tobacco is quiet, but very firm, and at the West
higher pries are demanded, owing to damage to the crop by
Seed leaf in fair demand, and siles fo the week are
frost.
offering
a large one.
Havana,
2,447 cases, as follows : 407 cases 1887 crop, Penn.
•
14@27c.; 240 casis 1887 crop, Penn. Havana seel, 93^@13c.
13i:.; 350 cases
seed,
Havana
Penn.
7?^®
crop,
1886
cases
300
400 cases 1887, Wis1886 crop, Wisconsin Havana, 7@llc
consin Havana, 9i^@12>^c 200 eases 1887 crop. State, 11 J^
®22i^c.; 200 cases 1887 crop, Ohio, 6@e3^c.; 150 cas s 1887
cases suncrop, New England Havana, 13)^® 35c., and 200
;
;
5@35c.; also 700 bales Havana, 60c.®|l, and 200 bales
Sumatra, $130® $2 00.
Spirits turpfntire rules very firm at 44@44J^c., but rosins
are easier with rather more doing at the reduction to Ql}:4o.@
$1 02J^ for strained. Crude petroleum certificates have varied
closing at
little, but to-day were more active and firmer,
94i^@94%c. Wool is in very good demand and choice hops
dries,
—
are
wanted
On
for export.
the Metal
Clover seed
is
active at
Straits tin
Exchange to-day
was
9>^® 10c.
fairly active,
but unsettled, selling at 22-70'.@22-60@2385c. for October.
Ingot copper was nominal at 17 45.•. for October. Dimestic
—
notice.
March
sugars have bten dull and close somewhat nominal
Raw
making
amount
February
14-25 o.
14-05C.
January
eolidatei
14500.
sell-
lead
*
was
active
and
firmer,
selling
at
4-90@4-92J^c. for
October and 4-80®4-85c. for November. Spelter tirmer but
nominal at 5c. The interior iron markets are doing better.
October
THE CHRONICLE.
18, 1888.J
COTTON.
Fridat. p. M,. Oct,
12, 1888,
Thk Movement of the Crop,
as indicated by our telejcran
from the South to-night, is given below. For the week uiidiiiK
this evening (Oct. 12), tlie total receipts have reached 2fl(),t)44
bales, against 1»(),SJ8 bah» last weeic, 138,890 bitles the previout
week and 89,677 bales three weeks since, making tiie total
receipts since the Ist of September, 1888. 741,t4!l bales, against
1,182,838 bales for the saino period of 1887, showing a decrease since September 1. 1888, of 488,695 bales.
Jteeeit l§ at-
Sal.
Wed.
Tut$.
Jfoit.
Total.
3,2(>1
6,105
404
6,003
5,056
128
6,782 11,927
369 1,174
35,218
128
64,733
8,439
Horlda
Wasli'gton,
6,85.%
7,901
7,997
r-,888
5,132
5.074
6,150
4,860
6,363
3,857
8,032
4,023
1,805
3,1.N8
1,050
2,703
854
2,405
1,001
Q.seo
&o
43.705
4,023
28,718
1,091
13,(!30
28
Norfolk
4,530
1,713
West Point, cko
5.038
3,343
5,438
3,202
5.001
2,223
5,132
2,733
28
30,421
10,381
4,382
6,367
New York
Boston
430
34
423
23
11
Baltluiore
PhUadelpUa,<feo
127
SO
423
225
4S0
lOO
Totals ttila week 38,634 47,170 52.245
1,332
89 33,876 48,121 2 50,(V14
30,'^
For comparison we give the following table showing the week's
total receipts, tlie total since September 1, 1888,
to-night, compared with last year.
Thia
Week.
Oct. 12.
TMt
Since Sep.
1, 1888.
Halveston ...
ElPaso.&o.*
New Orleans.
Mobile
Florida
35.218
128
64,733
8,439
Savannah
...
Week.
57,012
63,505
270,350
39,240
6,029
284,564
7,370
144,212
2,392
37,317
692
87,719
79,358
295
4,472
313
1,432
99,693
13,210
151,601
13,129
66,695
12?,042
50,357
1,084
16,025
47,148
23,416
861
70,296
24,028
55,713
Bruu8w.,&o
4,0 i 3
265
Charleston ..
P.Ro7al,<bo
28,718
27,518
ffllnilttgton
13,630
80,179
1,264
27,303
28
Wasli't'n,&c
W.Polnt.&c
105
62,209
30,421
1P,081
Boston
Baltimore
...
34
423
PhU'del'a,
&o
1,382
915
776
10,30J
268
32,i.0.S
8
170
711
3,226
1,703
1,679
1,167
562
23,110
57,042
8,t00
3,133
6,842
4, 000
1,439
1,807
744,113 276.876 1,182,838
250,644
Totals
9,58i:
25,339
22,358
New York
1887.
81,477
8, 8 ".7
Norfolk
1888.
191,063
42,795
.
Stoeh.
Since Sep.
1, 1887.
37,774
148,031
625
167,377
32,287
1,809
177,926
1,091
and the stock
1887.
1888.
Rtttipttto
We
On Shipboard,
Oct 12,
ATBrlMn.
(few Orleans.
Mobile
Olurleiitou
407,028
520.325
Not Included in 1887 until end ot season.
In order that comparison may be made with other years,
give below the totals at leafUng ports for six seasons.
*
8.973
8.500
6,000
2,300
...
Other ports.
1886.
1887.
1885.
1884.
32.975
62,331
7,758
46,313
30,410
None
rotal 1888.
52,913
12,954
42,062
Total 1887
80,821
96,633
26.845
6,007
78,444
43.388
Total
1886
The .market
—
—
—
—
UPLANDS.
Sat.
Ordinary
....
Btricl Ordinary
[}'i..d Ordinary ........
Good
Ordinary.
Si riot
BIrict
Low Middling
.»lb,
9V
10>8
Fair
816,7.9
for the week ending thia evening reach a tota
of 105,633 bales, of which 76,397 were to Great Britain, 16,570
to France and ]3,666 to the rest of the Continent.
Below are
the exports for the week, and since September 1, 1888.
iVom
Wttii Endins Oct. 12,
Bxportt
Iron
—
New
—
B,8»7
6.C51
10,346
3,696
4,000
Great
Britain. ^<»n««
11,948
30,400
17,443
38.928
u.»rs
17,678
e,BI4
6,081
31,293
Continent.
GULF.
BIonTuea Wed
Sat.
I
•»»-
7=8
8%
Si'"
.
i
9%
l^'
7ie
73,g
I
618,g
"'ig
7%
SSg
?7b
8»,8
9»lg
9««
91S
9»,g
9l»,g
Tli.
Frl«
I
'A*
»\
913,8
911
io>* Il0l,g
9*
10
10',g !10>4
»"lgl 916,8
10% 109, g !l0»,8 10>4 10>4 io>«
11
|101< 6l0»18 10>9 !l0>9
10%
IISS
ii»,g :ioii„ lO'g ilO^a
10%
iiui,g,ll»,g 1113 ill's
12
11^
.Middling
!
Middling Fair
8TAIM£i>.
Oood Ordinary
Strict Oood Ordinary..
lAwMldcOlng
77,,
'
I
nfon Taea UTed Th. Vrl.
Sat.
1
7
7"i8
.»lb.
r4'
87a
8°g
I
'•'b
75,,
8«,«
9"l8 9^6
Middling
616,8
9%
OH
9H
188*
MABKET AND
Tbtal.
3,666
30,207
6,787
07.007
11,350
39,023
I2,se8
Mobile
SALIIS.
The total sales and future deliveries each day 'during th*
week are indicated in the following statement. For the oon*
venience of the reader we also add a column which shows at a
glance how the market closed on same days.
SALES OF SPOT AlCD
Florida
Savannah
—
WUmlnKton
13,673
Norfolk
Weat Polnt,*c
7,919
6,533
17,488
Charleston
..
New York
Boiton
Baltimore
im
Pair
Exported to—
Oreatl
Conti- Total
Brtt-n.!*^""" Tunt. Week.
Orleans..
OalTeeton
Sept. 1, 18SS. to Oct. 13,
BxporUd to—
915,,; 9l{,6
,
Middling Fair
971,141
744,143 1182,838
8\
93ig
9i'l8
9»,s
9»9
9»,g
9ia,g 9>»w
9'8
106,4 10»9
10s,g 10>e
1098
10>8 i8'*"
10ll,gl 10J,» 10%
lO'g
loa^ 1014
U1,B li)li,g 10»t 10\ 10<^
llTg
11»8
ll"lg
1I3b
IIH
,
,
87,8
9>4
97,9
QoodHiddUng
Oood Middling..
The exports
Zi'8
8"4«
8
Ordinary
Strtot Ordinary
Good Ordinary
Biiiot Oood Ordinary
Low Middling
Btrlot I.OW MiddUng...
Wed Th. WrU
iHomiTne*
7>a
..
873,248
Blnoe Sept. 1
I
W®
853,726
All others.
!
;
Good Middling
Btrlot Good Middling..
Wt Point, &o
99
10,31»
generally regarded as eubstantially correct, excep-, in its figure for Texas (which it is believed i* pluced too low), o.used a
Sflling movement in which the aivince of Tue^lay was
wholly lost. Yesterday, the later months, after a weak opening, b came active and buoyant, on th-' rei o. t of heavy rains in
the Atlantic S'ates and the pred ctions of an early frost by the
Federal Signal S.^rvice. To-day an early advance, in sympathy
with a stronger L-verpool report, was followed by a sharp
decline under sal- s to realize, ending with a recovery on a
demand to cover contracts. CkitCon on the spot was rather
dull all the week.
Quotations were reduced 3-16c. on Monday
and changr-d from oil to new crop on Tuesday, involving a
nominal decline of 3^c., though pr^ctic-tUy unchanged. After
'Chinge on Wednesday a revision of qu )titions was posted,
reducing low grades of white l-16(a5-16c. and stained
5 16c., in addition to the decline of l-16c. en the regiuar
market. To-day there was a further decline of J^c, middling
uplands closing at 9 11 16c.
The total sales for forward delivery for the week are 527,900
For immediate delivery the total sales foot up this week
bales.
16,176 bales, including 7,772 for export, 8,404 for consumption,
in transit. Of the above
for speculation and
bales
were to atrive. The following are the otBcial quotations tot
aach day of the past week Oct. 6 to Oct. 12.
257,276
Norfolk...,
8,2i)5
6.(19
SO.r
for future delivery at this port wa«i ttn-tettled
212,289
Ac
Nouo.
.34,615
and irreeular for the week under leview. The feature wa*
the steady decline in options for October, due to some irregularity in quotaiions fore >tton on the spot, low grades Imnff
rated higher than they would sell at. A r.ivisirin of spot quotations on Wednesday after 'Ghanjie caused on Thursday a
smart advance for October.
Toe winter and spring
month) bccime more active on Tuesday, and pricee
advance!
smartly,
on an adverse crop report from
Nev Orleans and a tumor that the Bureau report
would prove unfavorable but this report, when made public on
Wednesday, was better than expected, and bting
231,401
Wllni'gt'n,
,
^
week 250,614 276,876 230,288
0harle8t'n,i]E0
315,069
286.817
9,200
1,000
26,375
12,001
3,827
...
270,715
210,362
162,921
.'),800
38,665
61,289
15,316
48,795
33,119
9,921
32,541
13,602
3,938
MobUe
137.218
18,1.52
10,«:t3
11. 8118
3,IK)0
29,716
61,562
12,190
44,453
37,084
8,248
25,553
14,986
8.491
Bavannah
Tot. this
37,774
81,477
9,582
55,743
28,294
10,576
25,339
22,358
5.733
2i«,284
2,0.'. 8
40,712
65,027
8,607
38,337
31,596
8,313
23,011
12,716
3,142
35,346
64,733
8,139
42,795
29,809
13,638
30,421
19,581
5,S62
New Orleans.
66.807
9,710
33,387
52,905
1,831
Strtot
Oalveston
33.0MO
3.500
17.000
la.70O
22,127
IH.HOO
19.700
9.000
2.100
we Low Mlddlinff
1883.
1.288
None.
2,200
5,100
None.
None.
None.
700
Total.
toite.
3,(;40
MlddlluK
1888.
Receipts at-
8,323
None.
l*atki§
Ooatl-
10,000
10,500
8,000
...
Oalveston...
Sew York
not eUartd—for
OOitr
'""Mi. fortign
None.
8,10»
4.20O
..
iforfolk
Galveaton
3,742 10,253 5,913
El Paso, Ao...
He w Orleans... 10,63!V 10,322 1C.062
Mobile
1,807 1,462
3,043
Bavannali
Brunsw'k.Ao.
Charleston
Port Royal, Jco
Wilmington....
In aildition to above exports, our teleKrams to-nlghtalso irtT*
aa the following amounts of cotton on shipboM-d, not clfiand
at the jxirts named.
add similar ngun-s for New Yor^
which are prepared for our special use by Mumn. Carer Tale
/.»•••
t Lambert. 24 Beaver Street.
Bavannah
IH.
Thuri.
443
....
Philadelp'a'&o
Total
T'tal 1887..
.
7,118
9.849
8,018
7,918
6.C32
36,464
3,330
B6
3,386
9,013
35,698
6.538
69,936
17,068
5,633
1,498
7.120
S,S95
3,013
6,781
1,889
998
998
78,397
16,870
74,069
7,187
6,754
3,013
2S,H»g
.022
336
128.323
17.889
ll,fciS0
4,763
16.81 J
0,358
683
e.ou.
S.888
83,468
106,633
240,034
41,986
60,843
313,801
61, 185' 143,441
368 622
37.00li
168.888'
6e9.41l
l»,e<!6'
rOK UAXKMI
Sxport.
Sat
..
Easy
7,727
6,517
45
300
333
207
861
677
7.772
8,404
Mon Kaay aijgdec...
raes.jQulct
Wed . Q't4at'y»i,6deo.
.
Thius Kasy » rev. quo.
Frl...; Steady a >ede«..
TotaLl
Con-
Bpeo- IVon-
$wnp uCfn
IMoi.! «iM«f.
14,244
800
833
207
861
722
44,200
91,700
106.100
100,500
104.600
72,800
16.176.527.000
The daUy deUverles given abors are aotuallj deUvwed
prevlons to that on wuoli Uier are r«port«(L
!2Mi»
THE CHRONICLR
444
The Sales and Prices of Futures
ng comprehensive table
are
The Visible Supply op Cotton to-night, as made up by cable
shown by the follow
:
xLvii.
rvoi,.
is as follows.
The Continental stocks, as wells a
for Oreat Britain and the afloat are this week's returns
iiid consequently all the European figures are brought down
But to make the totals the complete
to Thursday evening.
"igures for to-night (Cot. 12), we add the item o' exports from
'.he United States, including in it the exports of Friday only,
and telegraph,
th
>se
1888.
1887.
1886.
270,000
9,000
430,000
39,c00
316,000
ii2,000
ii2,00O
279,000
2,500
9,400
4,000
4C9,''00
SS,.500
338,000
1,400
17,000
29,000
1-2,000
381,000
3,500
33,400
28,0OO
300
700
•iOO
300
400
700
(iOO
71.000
2,000
25,000
6,000
7,000
142,000
2,000
17,000
5,000
12,000
106,000
6,000
33,000
10,000
13,000
2,000
113,000
3,00O
30,000
9,000
8,000
rotaJ Continental Btooks
126.900
260,900
201,600
230,300
Toial European stocks
India coTton anoat for Europe.
Anjer. cott'ii afloat for Eur'pe.
405,900
32,000
107,000
719.900
513,600
40,000
270,000
27,000
449,738
119,819
19,000
620,300
38.000
228,000
13,000
459,990
95,364
16,214
Itock at Liverpool
Stock at London
bales
Total Oreat Britain stock.
Stock at Hamburg
8wek at Bremen
St>>ck at Amsterdam
^toi'k at Rf)tt6rdam
3t*ick at Antwerp
«r(K-k at Havre
Mn.ckatMareellle8
Barcelona
"tflok at
Stick at Genoa
*took at Trieste
Bo
pt, Brazil, cSic.,!iflt for K'r'pe
iitocE In United estates ports..
Stock In U. 8. Interior towns.
18,000
407,928
Oulted States exports to-day.
29,933
4,500
(!0.000
399,000
36,000
.'•26,-:25
179,580
25,214
110,o:i0
1885.
362,000
Total visible supply
1,200,797 1,946,019 1,468,157 1,470,803
Of the above, the totals of American and other descriptions are as follows
Ameitcan —
L
vei pool
C
lutlnental stocks
uerloan afloat tor Europe...
A
UHted
stock
161.0-0
48.000
197,000
bales
States stock
150,000
99,000
270,000
190,000
83,000
399,000
526.325
179.580
25,214
407,!129
44ri,738
233,000
141,000
228,000
459,990
95,364
16,214
UiltedStotes interior stocks..
UaitedStatea exports to-day..
116,036
29,933
Total American
Eatt Indian, Brazil,
Liverpool stock
London stock
i.'o-tlnintal stocks
959,897 1,403,149 1,107,557 1,176,568
^
a nfloat for
rfc.
109,000
9,000
78,900
32,000
18,000
Europe
l^gTPU Brazil, &c., afloat
Total East India,
Total American
119,819
19,000
&0
210,000 166,000
39,000
22,000
167,900 105,600
60,000
40,000
36,000
2 7,000
129,000
22,000
92.30O
38,000
13,000
246.9
512,900 360,600 294,300
959,897 1,403, li9 1,107,557 1,176,568
Total visible supply
Prlw.Mld.Upl., Liverpool
Prl-^- Mid. Upl., New York
1,206,797 1,916.<14!) 1,468.157 1,470,868
5''8d.
5'4d.
OHieO.
9>iie.
ES~ The imports into Continental porta
57ied.
Oi'ieO.
b-hef^.
9 igo.
week have been
this
13,000 bales.
The above figures indicate a decrease in the cotton in sight
to night of 739,-.i52 b-iles as compir-id with the same date of
la87, a decrease of 261,360 bales as compired with the corresponding date of 18i6 and a decrease of 3(51,071 bales as
compared with 1885.
At the Interior Towns
the
—that
movement
is
the receipts
week, nnd since Sept. 1, the shipments for the week,
and the stocks to-night, and the same items for the corresfor the
(j(inding period of 1887
ct.
—
set out in detail in the following
is
g'atem
<—
Id >-"
ai
<s
V
o
V<
to
H cji'w o
OJO^IOviOCO
i)i
;.:
^ ij -
1
:..
-"
ff-
>t- 1 i
cc
»f.
c ^ li -J cs
to
r
09
CO
,-
«D
to
^]
M to
toy xo
O w M := :0 O
CO
(
C:^*^
"«!
1
Mo;"to to
CO
I
I
i
^
I
i tt to
I
I
1
-.1
tgOK-tosoo
CO
~1
•^ ci -4 Oi CO OS JO
0'_~.
— c;
cDaco'i3i4-Qo^l3»wwo<lo;ioiotoacco
f-tOi*-oirf^^<iwxo-^;ouic:ioaoirf*M
no*
*CSKItOO;>-'t»MMCO
CO #» 01*. too
-0:-rf.^-COit».*.COC/)tOrf**.1XODGOtO-5l-'
coc:io*-^OX'iGctocij'C;<^xcori-oto
Oh^M>Xa;CC49?)rf^t0t0pE.,uc;OC0
H'
M;
HM
XtOCit-CCs;
I00l^^l-J*-0
O OOJC 0K.-.00
01
Includes sales in September, 1888, for September, 165,300.
to
c to l: M tv to
cci^te
p
CJ
O
c-*
.•ccp -
O W M CS H- c Ci
*
O'Oa^-iociMMMWw
(-'-WSl&CO
— c- 0< X c- c -! c y -.D 0* c;
ic
oi
c.
OUQP
H
CO
"bQootajVixwi^M'^' *.VcoVwi-'CnM
©xoccc*;citf.Mh-x: tooaoc^l 3-.0 X
cctoo^-cs^(0i0(cc;« c^-*j;**Jco^io
t-itcctowc;tott-®u;*»ol>^^oxca)
igOiO>XO«'«Ci;CCOr->h-<IU>JD&:o>X03
t3r We lUkTe
week
inolnded In tha above table, and Bball continue cash
to (1ve, tbe average price of f atores edoli day for each moatti. 1
•will b« foand under eaob day following the abbrevlatioD " Aver."
The
«verage for eaob month for the week Is also given at bottom of table.
Ol
-4
I
Transferable Orders—Saturday, 9-l5o.;
9
303.;
Wednesday,
9-200.;
Monday, 9-35o.; Tnesdai
Thursday, 9-25c.; Friday, 9'35o.
09 pd. to exch. 500 Nov. for Deo.
•20 pd. to exch. 100 Nov. for Jim.
•.54 pd. to exch. 1,500 Dec. for June.
•09 pd. to exch. 100 J an. for Feb.
•21 pd. to exch. 500 Nov. for Jan.
«-!
»f».
M
CO
a» Toj-* to
oo
o^ a o
M to O
O
60 U»V] U?
X
cc
CD
10 (»»
The following exchanges have been made during the wet k:
•C6 pd. to cxih. EOO Nov. for Dee.
•10 pd. to exch. 200 Oct. for Dec.
08 pd. to exch. 100 Dec. for Jan.
i'H pd. to exch. 3,000 Nov. for Deo.
37 rd. to exch. 300 Oct. for Nov.
© '0
— - CD
.*-.
_- J-
O «C #* to
i)i •.© •--
00 00
I
pioos
1-3*—
CO
'
I'tje
O
(t».
tffc
oc
w
I-
to
J^l*.^
o w •^'c'to to
.T'i^
:;' >(*
ooocco
»**
^ ^!^^
wb - lo
'*.
I+*
M(coywiootow-^i-xoio>»*'^i*''-'os
01
kO
^i
'^cot;-o
if^ CJt
o
o to
•
HtfuraH ror
il^Turee eatiiuatcd.
oascio:1uM'#*Vj'roO'
"o-wCiVxoVto
(^•-loo iui»-»y>»^03y«.
-J
*vj c:;
iAiui«vUie la Uoih yeivn* «ro
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*-
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tXiiia year*ft
THE'XimONlCLF.
'T^i-^-'ST^J
0070BBR 18A1888.]
f
show
that the old interior Rtocks have
to-niKlii 42,823
The receipts at
t»,lei> less thun at the same period last year.
the Bsnio towos have been 8,280 bales less than the same
week liiKt year, and since September 1 the receipts at all tbs
towns are 284,054 bales less than for the same time in 18fc7,
The
aboi(> totals
in Ttaned during the week 87,703 bales and are
Quotations tor Middlinq Cotton at Other Mabkktb.—
In the table below we give the cIosinK quotations of niiddlins
cotton at Southern and other principal cotton markets for eacE
day of the past week:
CLOSING QUOTATIONS FOB HIDDLINO COTTON
Week ending
Galveston
Ohn
...
Kcw Orleans.
9'l6
9J3
Mobile
Bavaiuiiih ...
Cliaileston ..
WIliuliiKton .
Horfollc
BoRton
Bultlmnro
U>«
8»1«
9<>B
!'.»«
10»8
Fhiliult'lplila
AiiKU8t:i
Memphis
....
Louisville
...
»H
Id's
f"l»
938
0'l6
9>fl
9 '8
0\
9%
10
Frl.
9»i«
9^18
9l>is
9' 8
94
l»i
8''8
8~e
S'^a
9>9
0^18
93i«
9>4
gu
loaiioia 9''8ffl0
978
lOS.g
105,„
S'eait
)»8
9»ie
05 9
O"*
flOg
O^S
i)H
9^1
10Vi®38
9 '8
— The
Receipts from the Plantations.
ON—
Thur$.
014
9'i«
8 '8
8'rt<»9
10
10
Wedne*.
O^S
9»1«
9V|
1008
0>S
«»18
Cliieluuatl...
981
9'i»
9>i
&^(«9
O-eaVi
St. IxJiils
!>'l«
S'ld
038
8^8
9I3
99,8
038
103e»'9
10
103831a
...
Tua.
Mon.
Salur.
9>«
O^ia
9 "4
O'sfllO
9^8
lO^iA
9
9>g
OH
iiH
0\
following table
Indicates the actual movement each week from the plantations.
The figures do not include overland receipts nor
Southern consumption they are simplv a statement of the
weekly movement from the plantations of that part of the crop
which finally reaches the market through the outports
;
Week
Receipti at the Ports. St'* at Interior Tovmt. Bu'ptt from
'
Plontw
Xftdififf—
I8S«.
Sept. 7.
"
••
"
Oct.
"
42,681
14..
Tl,9'.5
21..
108,801
88..
1S«,4<'S
6..
197,106
230,283
12..
1867.
1888.
1887.
1886.
1888.
188S.
I
1887.
I
85,437 S9,l«4 49,757 84,754 17.828 47.019 96,3U8
120,041 45.691! 60.863 53,S18| 21.29l! 73,020 143,7119
187,740 e»,677, 68,731 »2,E54| Stf.5 *,114,47«'217,:82
238,745 12S.S90: 72,654 Il-<,9«l| 81,474 170,SS8 275,152
25I,186'190.663|111,575 147,999| 98.2I0|iSe,087 280,224
a78,b76l250,«44 148,852ll7»,580 139.fll!7262.5O5)f08.457
I8B8.
41.617
49,154
1C4,894
153,3«5
227,304
2i>2,101
The above statement shows—1. That the
total receipts from
the plantations since September 1, 1888, are 8C8,4a5 bales;
to 1887 were 1,339,588 bales ; in 1886 were 912,571 bales.
2.
That, although the receipts at the outports the past week
were 250,644 bales, the actual movement from plantations was
ease the stocks at
2^2,101 bales, the balance going to
the interior towns. Last year the receipts from the plantations
—
mc
for the same
262,565 bales.
week were
308,457 bales
and for 1888 they were
Amount of Cotton in Sight Oct. 12.— In the table below
we give the receipts from plantations in another form, and add
to them the net overland movement to O^r. 1, and also the
takings by Southern spinners to the same date, so as to give
Bubstantially the amount of cotton now in sight.
1S88.
Receipts at the ports to Oct. 12.
Interior stocks on Oct 12 In
excess of Beptember 1
Tot receipts from
Ket overland
plantat'ns
to Oct. 1
Boutheru cousumpt'n to Oct.
1.
Total In BlgHt Oct. 12
1887.
188».
121,292
155,750
95,792
103,282
8<i8,4So 1,338,588
912„%71
19,635
32,000
8fi2,008
9,09
3t«,4iI2
3«,000
35,000
013,52'; 1,413,050
Northern gptnneri' takings to
Oct. 12
1886.
744,143 1,1S2,838.
175,301
212,301
2'4910
2»,U00
964,206 1,013,918
174,343
196,734
In amount In sight to
409,523 baits, the decre<tse as
night, as comi>arcd with laat year,
compared with 18S6
50,i>7i) bales and the decrease from 18tj5
Is 100,391 bales.
It will be seen
by the above that the decrease
U
u
Weather Reports by Teleorafh. — Advices
to us
by
tele-
graph to-night indicate that under the influence of generally
favorable weather conditions picking and marketing have
made good progress. Light frosts are reported in some sections but without damage.
Galveston, Texas.— Tho weather has been dry all the week.
Average thermometer 74, highest 85, lo .vest 63,
Palestine, Texas, There have been light showers on three
days of the week, the rainfall reaching thirty hundredths of
an inch. The thermometer has averaged 71, the highest
being 88 and the lowest 54.
Huntaville, Texas. We have bad no rain during the week.
The thermometer has averaged 71, ranging from 55 to 88.
Dallas, Texas, The weather has been dry during all of the
week. The thermometer has ranged from 54 to 85, averag-
—
—
—
ing
70.
—
416
Columbia, 7>X(M,— There have be»n light showen on t wo
The tberiuooieter has averaged 71, ranging
from 55 to 86.
C'tMro, Texas.— lio rain has fallen alt the we»k. The thermometer has ranged from 48 to 87, averaging 6.8.
Brenham, Teaas.— It has been dry all the we«k. Average
thermometer 72, highest 87, lowest 00.
Bellon, Texas.— Utin has fallen on one day of the wc«k, (•
light drizzle) to the extent of one hundredth of an inch.
The
thermomet;:r has averaged 70, the highest being 87 and Ui»
day8 of (he week.
lowest
53.
Weatherford, Texas.— "Wo have bad dry weathfr all tb»
week. The thermometer has ranged from 49 to 64, average
ing
65.
Weto Orleans, LouMana.—TheTe has been no rain all th»
week. The thermometer has averaged 69.
Bhreveport, 2^oui«{ana.— Rainfall for the week rigbty-fotir
hundredths of an inch. Average thermometer 63, bight tt 84»
lowest
50.
Oolumbtn, Mississippi.— 'R&m has fallen on three dajs of
the week to the extent of one inch and twelve hundredths.
The thermometer has averaged 60, the highest being 74 and
the lowest 44.
Clarksdale, Mississippi.-Telef^raim not received,
Vicksburg, Mississippi.-It has been showery on one day
of the week, the rainfall reaching five hundreelths of an inch.
The thermometer has averaged 65, the highest being 85 and
the lowest 50,
L«land, Mississtppi.-TelegTSLva not received.
Meridian, Mississippi. The weather has been cool, witb
frost al o rain on one day.
Plantei s are making good prcgres»
in picking cotton,
JAttle Bock, Arkansas.— Telegnm not received.
Helena, Arkansas. It has rained on thn e days of theweek, the rainfall reaching twenty- two hundredths of an inch.
Cotton is coming in slowly, the movement thus far being only
about half what it was to this time last year. The thermometerhas ranged from 47 to 72, averaging 60.
Uemptiis, 2'ennesnee. L'ght rains have fallen on five days
cf tbs week, but the weaiher is now clear »nd cool. Tiio
rainf II reached seventy-fix hundredths of an inch. Picking
and marketing have made good progrtss. Avetsge th<eimometer 57, highest 75 and lowest 47'5.
JUashtille, Tennessee.— It has rained on four days of th»
week, the rainfall reaching sixty-two hundreatbs of an inch.
The thermometer has averaged 58, the h'ghefct being 75 and
the lowest 48.
The weather continues very favorable
Mobile, Alabama
for picking. There have been light frosts in som-i districts,
but no damage. Ii has been showery on two days of the
week, the rainfall reaching five hundredths of an itch. The
thermometer has averaged 64, ranging frnm 50 to 88.
Montgomery, Alabama.— Ruin has fallen on thiee days of
the week to the extent of sixty-three hundrtdths of an inch.
Since Thursday evening the weather has teen deci(?edly
cco'er. The thermometer has ranged from 49 to 84, avi raging 68.
Auburn, Alabama.— Ccop condi'ion continues thi same as
Cotton is being picked. The week's rainfalllast reported.
has been sixty-seven hundredths, of an inch. The thermometer has averaged 64-9, the highest being 81 and the lowest 48.
have had rain on one day of the
Belma, Alabama.
week, the rainfall renching forty hundredths of an inch. Average thermometer 63, bigliest 78, luwest 48.
Madison, Florida. We have rain on one day of the week,
the rainfall reaching one inch and fifty bund edths. Tne
thermometer has averaged 08, ranging from 50 to 01.
•
Columbus, Oeorgia.—Hain has fiilunon three days of the
week, to the extent ot oeo inch and forty-five hund'edtfas.
The thermometer has ranged from .50 to 80, averagi- k 61.
Savannah, Georgia. We have had rain on two days tf the
week, the rainfall reaching two inches and feventy seven
hundredths. Average thermometer 63, highest 79, lowest 31.
Augusta, Georgia. The early part of the week was clear
and pleasant, but rain his fallen on three dajs in the latter
portion, and accompanied by high wind on Wednesday night.
The rainfall reached two inches ar.d ninety-oce hundredth*.
Picking is progressing well ar.d cotton is coming in freely.
The thermometer has averaged 69, the highest being 80 and
the lowest 49.
Charle.ston, BouOi Carolina, We have had rain on five
days of the werk, the rainfall reaching two ii.ches and
Average thermometer 66, highest 81»
sixty- five hundredth?.
lowest 55.
Btatebnrg, South Carolina.—Thfre has been ram on two
days of the week to the extent of sixty-four hundiedth.-' of an
—
;
—
—
t
—
—We
—
—
—
—
Texas. We have bad light showers on three
days of the week, the rainfall reaching nine hundredths of an
inch. Average thermometer 72, highest 86, lowest 67.
Luling, Texas. Dry weather has prevailed all the w:ek.
The thermometer baa averaged 78, the highest being 89 and
The thermometer haa
and the lowtst 45.
Columbia, South Coro/tno.— Telegram not reotivtd.
Wilson, HoHh Carolina.— It has rained on twodajsof
the we?k, the rainfall reaching ore inch and nmety-etvfn
hundredths. The thermometer has ranged from 44 to 76,
the lowest
averaging
Ban Antonio,
—
<'i6.
inch.
We have had
averaged 61
S,
59,
one lubt
frott.
the highest b»ing
7-*
THE CHRONICLE.
446
The following statement we have also received by telegraph,
nhowing the height of the rivers at the points named at 3
o'clock Oct. 11, 1888, and Oct. 13, 1887.
Inch.
'el.
Above low-water mark.
Above low-water mark.
Above low-water mark.
Above low-watermark.
Above low- water mark.
JTewOrleana
Mempljlg
Ka«hv)lle
BhreveiKirt
Tlok«burg
3
1
3
2
7
7
7
4
3
2
4
6
Ineh
6
4
2
6
Feet.
4
BMpmenta
Total.
KalnfalMn
Days rain..
Days rain*
S.
Rainfall, in
rain..
Xeceipt*.
1.
ThU
Days
rain..
Days
Since
Jan. 1.
Week.
7
7
3-14
12
Britain.
Continent.
Days
3-S4
10
ratn..
Days
rain..
Ralnfall.in
Days rain..
86,000
226,000
60,000
127,000
1-78
831
16
7
5-6»
11
816
IS
13-18
13
6-17
14
1-10
6-81
6
4
8-25 11-62
11
12
5-87
6-00
7-84
14-12
S-55
7
11
14
10
4
6-06
10
4-46
14
4-01
4-12
18
3-28
13
6-33
13
7-74
12
6-97
13
9-20
I
17
2-10; 5-85
7
12
S-B9
9-21
7
13
4-10
8
4-90
15
2-41
1
(
4-76
9
IB
7-84
11
4-98
12
4-^2
i
2-12
6-81
0-75
8
19
5
8-40
1!
!)-97
3-50
8-04
S-49
6-21
0-66
9
10
19
18
12
6
1-79
tl
883
7-61
8-85
IB
12
10
6-83
12
1-87
8-RH
4-79
9-66
10
17
2-82
7
8-6S
3-69 10-76
10
12
7-24
12
Days rain..
Columbus.-
Total.
14-00
19
18
6
4-71
Days rain..
3avannah.—
1.
6
OKORGIA.
Rainfall.iB
Great
1-82
iO
4-54 10-78
4-51
—
Atlanta.—
Shipments rince January
8-37
450 425
Kainfall,ln
8.000|l,4".;.00O
26,000
99,000
4-85
7
7
17
4-72
14
708
7-83
16
1-89
6-33 15-61
7-39
9-68
11
8-43
17
6-49 10-42
8
11
IS
e
19
22
16
10
7-68
14
10
0-81
4
2-36 14-86
11
13
4-20
7-32 10-34
17
16
1-97
8
7
6-T3
7
8
8-80 11-05
16
7
1-70
7-65
a-86
2-66
3-46
6
12
9
7
7
8
2-84
11
306
11-18
3-oa 12-70
2-57
6
17
7
8-69
11
2-92
9-68
15
4-78
8-30
16
4-86
9
8-66
11
7-81
Ralnfall.in
Days
21
1-85 14-1!
2-29
rain..
2-70
tarayth.—
1888
1887
Allother»1888
1887
2,000
5,000
2,000
5,000
25,000
49,000
8,000
6,000
33,000
55,00J
RainfaIMn
Days rain..
2,000
4,000
2.000
4,000
59,000
81,000
31,000
33,000
90,000
114,000
JacttstmvUleRalnfall.in
110.000
4,000
99,000
P,i'CO
9,000
229,000
166,000
GXl^KTS TO EURUi-d FROM ALL INDL4.
4,000
1887.
1888.
Bhipmentt
Europe
from —
ThU
io all
Since
Jan. 1.
week.
Sombar
Thii
week.
»36,000
209,000
4,000
4,000
All other ports.
1
20!).000
395,000
Days
rain.
Since
Jan.
4,000
8,000
395,000
14,000 1,432,000
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The follow
ing are the receipts and shipments for the past week and for
the corresponding week of the previous two years.
Alexandria, Egypt,
1888.
Oct. 10.
1887.
55,000
163,000
ThU
M(yntgom^y.—
Ralnfall.in
Te Continent
Total Europe
ThU
1.
iO.OOO
172,000
6-26
14
16
6-45
9
7-08
12
5-91
16
8-37
10
5-50
14
4-40
12
2-47
4-19
11
12
7-41
3-75
7-75
7-90
4-25
16
8
10
13
4
3-37
10
8-51
2-C4
5-37
11
5-73
15
208
6-68
14-35
4-31
3-55,
3-04
11
6-21
6-26
11
3-74
1-72
T.Odfl
.
4
9-40
rain..
Days
rain..
Qrd. VoteaurRainfall,ln
Days
rain..
7,000
8,000
8,000
25,000
6,000
17.000
7,000
16,000
4,000
1,000|
24,000
that the receipts for the
8,000| 20,000
week ending
and the shipments to
all
^
Europe
Days rain..
MISSIS'Pl.
QolumbuA.—
Rainfall ,io
Days
rain..
Vicksbwra,Rainfali.in
8H
8M
Mid. 32( Cop.
TwUt.
Upldt
Mid.
Vpldt
lb*.
Shirlinga.
d.
d.
8.
d.
d.
d.
d.
d.
8.
8.
d.
18
5'ie
51a
57i8
and ihemx meter record for the month of Sept^ mber and
previous months of this year and the two precedmg years.
The
figures are from the records of the Signal Service
Bureau
except at poiiite where they have no station, and at
those
|X)int8 they are from records kept by our own agents.
July.
August.
1886,
1888. 1887. 1886.
3-86
12
8-56
80
1-11
10
2-51
7
3-45 12-45
16
536 481
17
Days
rain..
4
6
13
16
16
22
8
12
4-98
4-f6
19
4-65
1003
1-77
3-25
8
16
6
9
8-16
14
4-56 21-09
20
6
4-40
14
4-52
4-32
5-24
7-18
9
10
10
6
8-09 11-83
13
11
e-so
2-02
13
7-85
4-67
2-40
20
4-36
17
12-74
20
25
18
13
4-00
11
4-16
16
2-97
11
8-85
10
2-58
11
8-76
12
207
8-60
5
3-32
15
6-73 11-81
1-89
11
6-63
807
8-0?
18
13
16
6-17
6-26
18
1-86 11-15
10
4-30
:o
8
3-28
5-20
6-43
7
12
18
9-63
21
12
530
8
9-71
14
8
3-24
16
8-80
8
8
3-90
8-74
4-81
6
16
8
4-15
12
2
8-51
7
8-64
7
0-37
6
4-62
3-27
4-31
C-86
14
7
6
4
4
6-30
4-07
1-38
10
8
4-44
11
2-79
7
3-86
7
8-04
4-1:
1-68 11-10
2-44
8
17
8
16
10
1-80
2-50
10-10
3-70
7
9-20
17
8
12
7
0-00
B-OS
2-80
7
10-39
2-99
14
2-20
7
2-75
6
2-91
18-04
1-94
3-36
7
4-67
6
2-27
4
8
4-65
5-50
11
14
7
3-70
1-90
6
QreenviUt—
RainfalUn
Days rain..
—
13
Kainfall.in
7-07
(Aland
Days
rain.,
4-48 10-00
13
10
6-85
0-98
16
8
8
IS
4
6-97
9-72
1-40
15
5
8-61
2
7
0-51
6-30
3
3
2-69
1-83
4
3
ClarltAdals—
14
U
7
0-20
1
rain..
4-20
11-50
13
23
8-70
5
ARK'NSAB
IMtU Roek.rata,
Ralnfall.in
Days
rain..
Fort Sml h—
Kalnfall,ln
Days rain
2-SO
14
8-92
16
3-78
1-74
2-81
16
10
7
10
6-02
1-29
6-31
3-22
5-43
13
3-20
7-25
1-33
6-28
11-13
14
6
1-04
5
12
13
16
8
7-67
2-30
e-ov
4-31
14
7
4-68
14
2-31
7-68
14
20
4-82
16
1-04
3-79
1-26
8
7
8
8
1-78
1118 1-38 4-11
6
10
4-91
l-8',i
0-50
3-74
12
10
3
10
7-03
12
2-89
7
6- BO
8-82
10
8-86
6-49
12
106
2-15
4
9
2-99
3-42
2-6(-
13
2-26
11
4
TBNNBS'E,
IViubvitle.
Kainfall.in
Days
rain..
3-36
12
8-77
1-90
16
7
8-oe
15
s-ia
3-30
10-44
10
14
6-52
7
16
1-21
7
6-20
11
4-27
k-34
11
0-9;
11-93
2-51
5
11
8-33
10
4-78
10
1-64
1-82
1-20
14-46
6
10
7
13
19
lu
.Vemphts.—
Rafnfall.ln
Days
rain..
Atthtvood
—
Rainrail.ln
Days
rain,
10
6
4
8
4
Au«ttn
Days
September.
1888. 1887. ls(-«.
26
8-81
Kainfall.in
Jun«,
14
8
3-30
.
BI4
M KATBEB Record fob Siptkmber.— Below we give the ram-
l8»tl]«V.
10-21
13
12 89
17
H«'ena—
wall
aainfatt.
20
6-82
8-31
2-18
11
Days
®fS8 5 8 ®7 0>s 5iii,e 714 ®71B,8 5 7J«®6 9d.
agJs 5 10-67 2
6
714 ^716,6
7>aa!>6 9
51B„ 7>4 a7i6n
5 10 9 7 2
7»sa6 9
6
E7 i
6
7>«*6 9
7&ie®8
«8»B 6
1
ftC, 7i!>,e»8
7»a*6 9
nib's 6
»? 1
5'8
7% ®8
713^6 9
18
4-82
rain..
Days
Days
Ootfn
21
0-72 14-49
11
aintter.—
Ralnfall.in
1S87.
lb*.
80
13
6
Brookha'oenRalnfall.ln
RainfaIMn
Days rain.
:
Shirtinga.
3-74
2-26
LOUIS'ANA
yew Ortean*-
Rainfall.in
5,000
1,000
12
12-56
10
8
rain..
Kainfall.in
Days rain.
Rainfall.ln
7-37
16
rain..
1-86
2-62
4;
6
6
TBXAB.
1888. 1887. 1886.
TIBGIKIA.
Ga/tJMlon.Ralnfall.ln
Days
rain.,
9-77
10
8-28
6-80
2-57
S-87
8
8
8-18
14
6-43 t2-46
12
11
3-82
8
0-27
2-80
7
1-87
13-81
Palesti/ru6-70
11
B'34
11
17
5-26
12
6-83
8-06 10-28
lU
17
14
«. CAK'NA.
S-S6
e-41
8-81
10
la
16
'Welfnti.—
Balnlall.in
Ijhys n.lo..
Dayaraln..
6-70
8-40
12
lo
5
Days
Auburn—
Sept. 1
1888.
Kaiiiiall.li
11
2i>
7-75
4-11
week.
market cottinuee quiet for both
yartp und theetictis. "We give the prices for to-day below,
and leave those for previous weeks of this and last year
RBlntull.in
12
17
6-00
4-15
Kainfall.in
week. Sept. 1.
Ircin Manchester states ibat the
_I)»yBr»ln..
9
SeJma—
UbenyHmr-
Since
Manchkbthb Market.— Our report received by cable to-nigh t
Dajsniin..
9
8-90 17-97
5-28
13
8-91
Since
1
This statement shows
tlor)nlk.—
Balntall.ln
15
6-12
18
Kainfall.in 13-56
Days rain,
10
ThU
5.000
3,000
Oct. 10 were 55,000 cantars
8,000 bales.
7''8
16
6-56
12
Days rain.
UobUe.—
Days
.'Ezporta (bales)—
82* Cop.
TwUt.
ratn..
Ralnfail.ln
1886.
90,000
206,000
Since
week. S^t.
7'r.
^ 7''8
12 7''8
3-49
ALABAMA.
Shreveport.—
Ralnfall.in
Secelpta (cantars*)—
This week....
Since Sept. 1
for comparison
Kainfall.li
Days
993,000
242,000
Alexandria Reckipts and Shipments. Through arrangements we have made with Messrs. Da vies, Benachi & Co., of
7 '8
5-42
Tallahassee—
1.
12.000 1,235,000
—
Days rain..
Arclvr—
RalnfalMr
Days rain.
Daytiirain..
ThU
week.
,037,000
Rainfali,ln
Tittisvaie—
Rainfall.in
1886.
Since
Jan. 1.
5,000
9,000
8,000 1,045,000
Total
d.
2-50
Cedar Keys.-
1888
1887
*ept.7
10
4-26
FLORIDA.
Total all—
"
6
rain.
Columbia.
6,000 1,114,000
4,000|1,C01,000
Madras—
<Oot.
4-03
6
Sfken.—
Kainfall.in
"14
"21
"28
3-82
—
Stateburg
Ralnfall.ln
30T.000 672,000 1,037,000
993,000
321,00t) G72,000
219.000|467,000 686,000
Calontta—
1888
1887
3'ptember.
1888. 1887. 1886'
i^partai.b'g~
[lainfaU,iD
Days rain.
Au^rusta.—
Ralnfall.in
Total.
August.
1888. 1887. 18S«.
CAROL'A
3,000 1,297,000
Continent.
July.
1888. 1887. 18f 6,
Charleston—
836,000
Shipmenlt for the week.
ereal
Britain.
June.
1888. 1887. 1886
Ralnfall.in
Total.
214,000,1(22,000
4,000
5.000
4,000
1,000
R,000
3,100
2,000
1,000
Mm
OonliSritainl nent.
Oreat
Brifn. nent.
1888 1.000
1887 ..^.ooo
1886 2,000
Shipmenlt Since Jan.
this week.
Ttar Great Oonti-
SLVlI
•Vilaonr-
ftfnroanton.—
Haiafall.ln
Days
IKDIA Cotton Movement from all Ports.— The receipte
«nd shipments of cotton at Bombay have been as follows for
(he weeTc and year, bringing the figures down to Oct. 11,
BOMBXT RECEIPTS ASO gmPMEICTg FOB gODH TEAM.
I,.
Raln/an.
11, '88. Ocf. 13, '87.
Oct.
iV.
5-00
in
lee
4-44 11-04
10
I*'
6-8?
18
6-;7 21 '12
19
17
461
l-4«
6-27 10-40
1-82
6-88
6
18
7
lU
1-P8
7-48
IB
1&
14
12
8-06
14
9-B8I 4-98
I
C-9S
Is
9-02
16
16
I
50<
8
6-10
8-06
22
7
Ralnfall.in
i>ay8 rain..
Fort EUiol—
Kainfall.in
Days
8-28
16
0-46
7
1-Sl
7
IB
1-75
7
8
Ralnfsll.ln
6-34
!--S!6
16
16
1-24
0-68
6
4
6
8
4-00
2-27
13
2-17
10
1-36
8-17
8
9
1-60
0-9ii
0-95
6
6
8
8
2-50
rain..
15
Auslin—
Kainfall.tn
Dajs
I
8
2-89
0-92
7
5-18
10
8
6
2-27
12
S-62
7
4-571
0-71
8
2
8
6-40 16-30
18
16
209
0-45
4-U8
6
O/efrums—
Days
10-66
rain..
3-21
12
1-60
S-31
12
1-84
rata.
4-63
12
Inappreciable.
8-84
6
6-39
1-67
8
8
1-52
!
10
3
6-01
1-16
6
I
3
7
8'8S 12-83
6
1
13
Octotor
THE CHRONKJLK
18, 18S8.]
JUM.
July.
1887.
l888.|t88T.
llumuimttei
AVtuH.
'**
447
Hfpitmhrr.
thtrmonuUr
I8|«.,U8T-
UU
<*•*
»''*
"*'
88-1
91-4
MO-i
ttO-1
04-4
411-0
4111.
.-..11)
7«-»
I-"!! '«-»
68-7
69.1
il8
96-8
95-0
85-8
75-0
98-8
87-8
43-9
91-0
BOH
77-0
"I-l
Bit
91-9
68-8
74-9
98-0
6S-0
93-8
88-5
95
1888. 1887.IJ8B8.
VIKUINIA.
ynr/olk.—
IIIullKSt...
l,ow,.iit...
tw-s
SS-0
SS'B
73-6
BUS 5«5
7S-1
71-3
»8-8
94-3 in-5
Fh-h its-3
74-3 TO-7
**X
(B'« 100-0
CO'MI OS'S
76-B HU'U
04-5
6H-0
78-6
"•"'i
""'
wo
N. I'AU'I.A
Wlhinn'jtan«I7-B
M'8
Lowest....
Mil BSO
ATeratre.
78-»
Bn-»
7B-S
lllullOHt.
.,
WMan,—
78-8
Hiuboat.
DTK) M-0
M-0 ero
l.i.u.-^t..
A V :iue..
Ch,:
74-11
.
7B-9
08-8 IOS-0
M-ii! ew-o
76-6 bO-8
101-0
50-8
79-0
94-0
OB'U
100 im-a
93-7' 100-0
OTi-l
59-9
70-7
9S'0
92-0
4»-;i
OtO
400
09-0, 6H-8
78-0
91-9
88-0
P.I
bi-S, 88-4
74-71 75-
;i»-8
sirs
05-7
70-1
00-8
8:f3
78-4
.....
9S-0
87-0
....
42-11
580
....|
7!J.
76 3
75-a. 78-7
1
llik-li.'-t..
A vci
73-8
888
9R0'lCl-9
81t-7
58-3,
Mf
iU'e..
1W8
;5-«
boo: «5-«
711-1
77-5! 7U-6; 76-31
ee-0
BIO
080
08
f'5-4
I)
ir.-;.-..;,
I
Ihfln'ili...
ne-o
l.nn,.Mt...
M-0
Aviinite...
-.9-7
—
fltorijtiitttin
llliihest...
liowettt....
wo
81-0
77-a
1010 98-0
(ISO
8.V0'
580
!18-0
80-8
81-9
7S-9
98-0
63-0
78-7
I
01-0
57-0
74-S
80-0
78-0
08-0
69-0
78-9
Pe-«
09-s
6.-4
77-5
(ifl-7
100-0
(iHO
97-9
H9-8
64-7
I02N)
BO-0
7»-8
80-0
03-7
78-4
88-0
57-0
76-4
87-0
4U-0
7»-«
llit^WHl...
94-8
'>!
aZO
ATeraue...
I
OiO
ero
98-0
98-0
118-0
870
48-0
80-8
78-6
68-0
98-8
87-0
79-8
8U-8
88-o' 98-0
83-0
78-8
800 (i9-o
380 380
86-0
5M-0
l»-7i 67-U
78-1
890
800
87-8
80-5
B.CAROL'A
CharJentoiu—
.
AV(
.8-a
Highest.
Lowest
..
AversMie..
Jr,l,;.. j-.j.lli,.
.
,
•«!,...
Ave..i#ie.
78-8
7B-S
AUstn—
Uixbest....
Lowest
88-0
79-8
Averiiue...
—
IKuhost.,..
9B-3
Lt'We?'t
AveniKO..
970
103-0
04-8 87-0
77-9 78-3
90-n
"J-O
680,
790
lOlS ^9
84 u
78-0
79-
i
87-8
780
80-
tl7-0
49-1)
77-7
930
64-8
77-9
98-t
59-2
77-1
98-0
57-0
75-6
98-0
BH'8
78-8
Bfl.,
49-^
74-01 74.,i
86-0
67-0
75-8
K2-4
S7Ui
(i.lil
70-2
73-3
880
430 BOO
98-8
8l)-0i
(•7 6
4)1-0
77-2
09-9
71-3
96
78-
98-0
71-1
980
94
81<8
B5'0
88-0
BOO
79 6
79-81
97-3
67-5
78-1
loss
6:-0
98-0
94-0
00-0
79-1
1010 96-0
Coluint'iit
981
79-9]
107-(i
M'3 0X0 «^o
^-'^l...
I.
99-0
93-fl
78-Ui 81-7
77-3,
76-7
9.1-8
98-
86-0
76-e
48-8
78-0
GEOIiOlA.
Auausta.—
Lowe.-tt....
Averjiiie..
99-2 103-8
68-3
78-8 789
Uilthest...
OS".'
Lowest
59-3
74-8
lllt-liost...
Ml
AvernKe...
Savaniinh.—
Hilihest..
97-0
67-1
000
I^owest
Averuxe...
97-0
88-8
77 9
«o-o;
73-3i
94-5 100-0
K5-S 89-0
78-9 77-0
77-1
77-1
79-8
9B-0
08-0
88-0
95-0
92-0
BU-0
79-0
71-01
81-0
Bom*.—
IlUhest. ..
Lowest....
97-0
87-0
AverjiKe...
7^0
Forsith.—
HiKhesl...
103-8 103-8
6S0 08-8
79-2 81-8
94-4
78-9J
99-7! 93-2
no-o, B6-.1
95-8
x*owest
ATeruKO...
Columhutf.—
HiKhest. ..
1128
75-5
Lowest
9.V0 101-0
08-0
^-0
AreraKe...
7V1
1
'
90-0
81-0
78-0
920
94-8
51'-9
80-
41-8
44-»
HiJ-1
78-4
78-M
77-8
60-6.
738
74-7
»0-0
53-0
TJ-8
100 8
93-0
PS-
912
94-0
86-9
93
e..-o
81-5
78-5
54-1.
«20
430
44-8
77 8
70-2
70-0
t6-6
721
99-1 lOt-6
8«B H9-U
78-8 80-4
98-0
97-1
9r5
93-81
91-8
93-0
6u-a,
81-3
78-5
650, 85-8
79-9
47-5,
72-B|
500
79-H
73-0
772
05-0
73-0
84-0
1080
98-0
95-0
H7-0
80-0
9S-C
69-1
^0-C
87-0
900
92-0
650| BOO
880
90-0
70-0
80-0
75-0
870
7«0
080
670
99-0
67-0
78-0
95-0
61-0
77-0
9S-0
98-0
880 960
90-0
8.1-0
93-0
64-0
850
81-0
780
T8-C
42-0
09-U
97-0 108-0
72-0 73-0
81-5
82
91-0
65-0
79-8
97-0
98-0
62-0
80-3
9-t-C
96-P
87-2
79-6
971
87-7
80-^
93-8
81-9
80-4
90-0
71-0
hO-V
91-7
70-0
75-8
80-8
9B-0
74-0
83-8
101-0
87-0
95-0
B3'»
909
688
691'
81-t
81-0
mo
Oil! 08-8
5-1-0
99-8
7-^-0
80-5
BSO
82-0
88-11
810
68-0
79-7
74-0|
45-0
71
92-0 101-2
47-U o20
72-8 76-5
08-7
83-6
58
740
91-0
59-0
78 6
FLORIDA.
Jackaoni>iUe,
HiKhest...
Lowest....
AveraKe...
Cedar Kty».~
HiKhest...
f8-8
94-1
H4-:
91-3
79-8
77-1
80-7
98-4 100-3
68-U 69-8
80-2 81-8
98-7
6:t-a
89-1
90-1
B6-4
80-4
00-7
71-3
80-8
87-8
Lowest
88-0
88t
63!
AveritKe...
80-1
78-.
Hljihest.... 104-0
Bfl-9
Archer—
98-1
68-9
70-1!
80-9
680
80-S
Lowest
860
98-1
68-(
Averane...
81-7
71-1-
98-0
88-0
79-8
108-0
68-0
88-8
93-1
60-1
78-7
94-8
H4-4
77-8
94-7
68-0
79-3
880
eO-8
98-8
67-9
80-5
92-0
80-8
»i-6
78-0
8^-o
93-0
71-0
81-7
78-0
79-9
78-0
9.1-8
102-0
9S-0
97-1
100-4
9S-0
6P-8
TX-B
81-B
63-1.1,
e7--
704
B5-!i
7»H
77-5,
81-3
79-7
79B
98-0
680
75-4
B.i-O
849 798
92-7
(18 7
951 08-0
553 680
7B-0, 78-8
91-1.
tB-u
75-4
970
690
81-9
94-4
B9-4
94-4
87-9
90-8
82-2
77B
91-4
09-4
79-4
93-0
98-0
6-2-0
760
79-0
82-8
91-7
92-4
85-5
76-3
rifu.M jjlellilfhest....
Lowest
.
.
Averttee..
lallahassee -
HiKhest
Lowest
.
700
.
Averai^e..'
96-0
78-1
93-0' 89-0
78-Ui
92-5
89-6
8D-8
64
7r8
93-0
91-5
78-0
700
88-7
88H)|
91-0
49'U
74-7
76-8
08-:
87-8
K8-4
90-8
48-8
98-8
50-0
91-6
800
71B
75-7,
77-4
94-0
560
ALABAMA
Monti/oTn^y,—
IllKhest..
1'
Lowest
AveraKe.
.
Mobilt.Ulrhest..
Lowest...
AreraKO..
fielma—
HiKhest...
Lowest...
AveniKO...
90-1
9.1-S
98-31
HO-o
77-8
n2B
II5-4
77-1'!
m-o B4U
(SO Oi-O
77-9
77
Auburn —
lIlKlieat...
L<tweat
AveniKe...
95-1
85-1
'
96-8
6--5
80-5
9T8 9^7
680 64-8
8U-4
»7-i
7Bi
95-ft
I18-0
84-,
79-8
97-2
61-n
78-8
59
1
7»-ii
Lowest
AveraKe...
S^Tfi'epnrt.UiKliust ...,
98-2
93-(l
97-0
87-4
79-9
eo-ti
58-.,
7811
«5-2
7»-9
»0-0
91-1
cBO
93-1
75-1
85-(
72-(.
91-0
B3-0
81-0
77-.
78-4
8d-0
44-0
71-0
911
9J-0
97-81
72-r
53-2
77-0
51-7
77-8
91-0
50-0
74-7
89-0
73-0
80-2
OS-.
960
ei-B
8;-o
950
9-^-0
68-1
88-0
bO-0
78-0
80-8
Oil
6-i-ii
BS-8
48-;>
760
rra
78-4
7
K-V]
72-3
Sll.
74-3
5U-0
70-0
92-3
91-8* 92-0
98-5
HS-H
98-9
94-7;
8«-5i
77-3;
««-i
7o-8
81. -0
94-3
71-u
81-0
91-0
55-a
75-2
94-0 92-0
Bul 61 8
77-oj 77-8
?o-
7«-f.
78-2
98-5 lOi-S 100-4
Bo-9 1.9-1
B5-1.
81-4, 82-4 81-u
97s
94-8
87-8
81-4
i
.,0
9'
It...
A vvrii- e...
er'fl r.,f,„u-
78-2
10-7 100-7;
B«-8 «3-«
0-8 78-7
HlKliPst....
88-7
90-8
l>8-5
•
3-4
7a-3
7;-B| 78-7
Lowest
...
AvoriiKe...
Llberl v IIUI—
UlKriest....
Lowest
...
AventKe..
MIsM.-fS'el.
Oniu:nl„u.—
Ai
-;
91-c
690'
9*0 98
90-0
680 72-0 77
790 84-8 85-6.
1
44
..
70-11
111.; "-'t....
92-8
,.'.•
•
i
East India Crop.— The following la fr«m Messrs. O^iddam,
& Co.'s lepoit. dated Bombay, S pr. 4
:
There are
and there where more rain is wanted, and
have sntTcrtd from toit much rain, but on the
districts here
other parts win re lields
whole the crop is reiiort.d to be pnigressiUK favor.ibly lhnm.;h<>u' tlie
growing ilistilcts, the moisooii, alliiough uud r the avt-r ge, having
been panii-ularly seasou-bie in distribution. A t;n-at de«l. ow. ver,
will d. iH-uil on the hanu tcr of the 8eptt-mbur rains, and wi- must wait
unoihei four weeks b. fore we can s^eak with any eouli..eucc regarding
the probable oiiituru of the cr..p.
i
100-0' 97-0
lOI-B lOlOl
69-0
79-0
B.VK
81-6
83-K
68-0
53-8
87-8
94-
93-3
94-8
71-8
88-0
S9-5! 03-1' 90-2
54-9
70-9
The
AGHictJLTDRAT., Dkpartmbst's
— The Agricultural Department's rep
is
Rkport for Octobsr.
on cottoa for October
irt
given b low
The October returns
:
of the Depittment of Agricultural m ik a decline
Trie heavy rains ot ilie itti part of vugusc
o. lion.
en continued iluniig the birger art of the las moat >, oausiug
sprinting of hcimI in the boll:<, rottiti; of tlie low -r n sh- d.liu
f (ho
top Imlls iin.i liili.'igi-. R.iins au.l winds liavo interfered witii pickl .g
reiluce.l
Ri-eenlly
the
weather
the gr.id
and discolor.il the llbre and
liui>ru e<l. S.i.iie
has been more fav.ir. Me and quality ban somewh
i-or esnonileiits ii- o, t a short suiple.
The or p I- every when- l.ito. and
slight fr. Hts ilireiiten o rly de-iru.-tloii of the p auis; yet killing nMta
are «till in the future, iin.l the length of the sea.son thnr. fine uueo tula.
The average of reported eoinlilloi is T-<-:), a lifeline f oin -:<•< in Hepleinl)er. I/iiiilslana and South i^arolina show thegn- tf»t r diii-lioii, and
Te.xa». Florida au.l North Caroll a the le st. The 8iale(«.ttmat<-« are as
80; Xorih Carolina. SI; .Siuth Cni- una, 7.^;
folios:
Vii-i.'lnia,
l.mt si ma, 70;
'J: M s« xs ppl.
li.ii u-ln. 79; t'liirlila, 8^: Alabai.n,
.v. .no
he. aterpllla
; Arkansas. 8--'; Ten Hes.«eo,U I.
ive
pieoeut In all except tlie norlhem tl.r of >
l.i>u.iou
1.
ea
and
Paris gn^en
p
I me .laniiige.
ui-cU 10.-S elTectlvoly than usual, the heavy ruins wiwhlu.4 oir in. i>uisoaous powdeis.
That tue reader may nave for (-ompan^on th« co iditi n, «ocordins? to the Agriculturil D pa. iinent, fur Oct •!>• r 1 of
previcus years, we give the following, cullated frum iu
•
In the coiiilitlon of
liavH b
-
1
,.
n7-il
81-8
94-8
70-8
81-6
93-5
8-«-»
B9-3
6.1-7
83-3
79-;
0O-9
102-01 94-0 91-u
60-0; 78-01 71-0
8<-0, 888. 8>-0
102 8
67
79-0
94-0
71-0
87-8
98-0
lOVO
93-<i
CM-5
5.-)-l
581.
75-3
7i-l.
783
9S-0
9O-0I
(.S-O
48-Oi 880 68
78-8; 81-0, 81-7
08O 9801
9B0!
98-0'
o-S-f.
8'0|
r>2-0i
B2-0
5X-0
7«-0
79-U;
780
77-1.
W-O
78-0
42-0I 4-2u:
67-0: 71
91-6
98-7| 95-4
9^-3
90-8' 96-3
mo
70-0
010
5iU| M-Oi
54-8
88-0
04-0'
89
42
72-0
.-
I
.
I'O-O
...
^
1
1
cottou, It was much
liist year.
Alabama and Mia^i-sippi compUiii of too idii h raiu In the
Unit half of the mouth, which added somewhat to thi- daiuaiL;e that luwl
beiu pri-vlon»ly sustained by heavy storms. The tiijury to the plant
whicu was noted in our report for Anj^nat Is mphasized by oiir oorrespoiuleuts, and the esiiiiiale is placed at 1 * per cent tor the dl-tricr. Apkaiisas and Mis.sis..ii|ipi report the greatest dainuge, an.l Alabama Is not
far behind. N.'tHitbstandinE all this, the prusi cctive yi>-ld for the districts gives promise ot exceeding that of la.~t year by about '2^ per oenk
Teniieaseo nint Arkansas have the brightest prospects; Alabama will
yield about the same, while Mississippi reiiorts a decrease of 10 ler cent.
It all. mid. however, be borne in mind that the crop is not yet oui of danger from injury by frost. The season is fully two wt eks iat«-. an I uiatelial damage would be sustained in many localit-es it a killing frost
should occur earlier than the '20th of this month. The light trosluf Oct.
2 was not damaging in its visitation. The estimates giv. n by our '243
correspondents of the prospective yield are based on favoi. bio seasons
from DOW on. As a general rule lalior is in ample supply ml w..rklnf;
Interrupted niUwell, ex. ept in Mississippi, where a scarcity is noted.
road cominuuiCi.tion lUinng the latter part of September mav |H>ssibly
have some elTeet in keeping farm hands from the fields. Picking is progressing rapidly throughout the disti let, ai d the staple has couuueuoed
moving to market with great fretdom.
i
91-0
81-8; 80-5
in the main diirin^t .September waa favorable for
Itss favorable as c-onipared with the same month
B.>thell
89-:
78-1
720 700
:
While the weather
M-o
9S-0
6M-0
76-4
7U1I
78-7
Hill, Fontaine
published on Oct. 5 their regular monthly crop repor
for the Memphis District, as follows
96-2' 91-7
LOLl.S'NA.
K. Orlearu.UlKhest..
Memphis District Cotton Report.— Messrs.
& Co.
.
i
M
;
'
Ai.
;;r
I.'^'O...
dta.' 93-1
Oil-u
B4-.l|
B6 8
97-0! 96-3
68-3, l«'4
66 8
87-8
77-0
78-7
76-4
80-8
799
8U'Ul
78-1
IW
90-1'
940
98-0
8M-0
ao-r
60-1
98-0
6ir0
IBrv
.0-0
91-0
97-0
5s
70
Oro,
79-11
....
,
a«-i
8U-4
5.1-2
52-2
71
7j-U, 70-J
9S-0
B6-0
8:-o
58-0
94
70
53
1
.
11,.
I,,..
84-1
9>-:
^1
....
94-0
06-0
»t'0
naOi 09.1
(13-1
6H-.
tiO-0
78-
78-0
88-0
|.8-
64-.
HBO SS8 9Vi
70-0 7uO 87-1
74-
7X0' 82-n
81-0
74-11
781.
7S-'-
98-.'
95-U
84-0
KS-0
B6-0
81-'
82-8'
«r..\'
i.o«,i3i..:
Avetage..
«2-:<
87-1
94-0
6s-0
62-0. 78-U
'J
5l)0
1^30
B5-0
73
93-0
a.-o
-8-0
reports
•
THE CHKONICLE.
448
t^
00
H
Georgia
Florida
Alabama
MisRiBsippi
Ijouisiana .
7fi
H(i
77
7!)
7^
79
7r.
74
7.'i
Hti
96
14
HG
84
.
.
Texas
Arkansas ...
Tennessee ..
91
?t
Rl
«5
7b-9,76-5 79 3
Average
r-)
85
89
86
82
88
82
82
100
78
70
77
79
Bo. Carolina.
88
78,74-7
77
82
77
80
79
85
79
77
«H
88
80
84
8;-!
87
84
91
86
85
80 sa 77
65 103 64
85 96 90 98
106 102 100
66
81
84
HO
88
80
70
^;^
82
•U
86
71
90 83-6 82-7
81
only a moderate call
buyer, and
for bagging, and pricss are quoted according to
busithe present figures are llJ^@14o., as to quality. A fair
at 2 1-lB
ness is being doce in jute butts, and sales are reported
qualities,
©23^0. for paper grades and 2M@2^c. for bagging
with the marktt closing firm at these figures.
SmppiNQ News.—The exports of cotton from the Unixea
reached
States the past week, as per latest mail returns, have
86 318 bales. So far as the Southern ports are concerned, these
we the same exports reported by telegraph and {lublished in
the Chronicle last Friday. With regard to New York we
include the manifests of all vessels cleared up to Thursday.
uiviuv.>y
Jute Butts, Bagging, &c.—There
Total bales.
--City
Germamc, 2,193
of Chester, 1,5h5... Dclarabre, 1,224..
Plato, 1,349.... Sr. Ronans, 4,631....BerTia, 1,511
To'HuII, per steamer Martello, 2,104
To Leitli, per steamer Benlawers, SCO......
.....
To Havre, per steamer La Gasoogne 1,869....
Gellert, 700.
. .
.Polynesia, 896. .
To Amsterdam, per steamer Schiedam, 100.
To Antwerp, per rteamer Belgenland, 2,065
To Stettin, per Bteamer Slavonia, 800
Kew Orleans—To Liverpool, per steamers Astronom, 3,830
& exp.
1,596
Ftiiuret.
Steady
M
Market,
4 p. M.
100
advance.
I
A mslerdam
Bremen and
iTew York.. 14,879
2,604
6,700
3,666
9,6.i8
Boston
2,108
Baltimore.. 1,513
PhU'delph'a
1,281
2,604 10,192
Ciotton freights the past
Batur.
week
Tuei.
15„
15.,
J4®5i
16„
Do
"18
e.
.
viaLeithd.
"1«
®16
c.
"18
>4
I4
»ie
»1«
60*
60*
^4
,
.
c.
55«
60*
vlaLeith.d.
Beval, steam
sail
60»
60*
H
^4
21t4-"32 21«4-lls9 2lM-Ha
d.
'4
2i«4'a% 2184®=%
%
BaTcelona,steam d.
Genoa, steam .. .d.
Trieste, steam... d, Bjg'aiijo
Antwerp, steam d.
* Per 100 lbs.
"4
=8
"3!
"31
6i,
—
Liverpool. By cable from Liverpool we have the following statement of the week's sales, stocks, &c. at that port.
We add previous weeks for comparison.
Sept. 21.
bales
week
Of which exporters took
Of which speculators took. .
Bales American
Bales of the
Actual export
Forwarded
Total stock— Estimated
Of which Auicricau— Estlm'd
Total import of the week
Of which American
Amount
afloat
oc which Auieriean
Sept. 28,
43,000
42,000
6,000
5,000
2,000
3,000
30,000
2?,000
7,000
6,000
4,000
3,000
232,000 *301,000
116,000 *173,000
20,000
30,000
17,000
16,000
69,000
77,000
42.000
56,000
Oct. 5.
46,000
4,000
2,000
30,000
7,000
34,000
239,000
171,000
29,000
24,000
94,000
78.000
Oct. 12,
50,000
3,000
1,000
36,000
6,000
49,000
270,000
161,000
36,000
29,000
120,000
105,000
T-Actual.
The tone of the Liverpool market for spots and futures each
day of the week ending Oct. 12 and the daily closing prices
of spot cotton, have been as follows
'
Easy at
Weak
1-B4 dec.
8-64 dec.
Firm.
Easier.
at
5''8
10,000
1.000
8,000
steady at
Quiet BtJ
l.«ladT.
1-84 decline.
Qniet.
Steady.
Barely
10,000
1,000
500
partially
steady.
Mon., Oct. 8.
Sat., Oit. 6.
Open
October
....
BiQll Ijyw. OIo»
d.
d.
5 41
6 41
Steady at
2-64 adv.
Barely
steady.
5 24
Mar.-April
April-May.. 5 25
May-June.. 5 27
5
5
5
5
28
23
22
22
23
24
25
5 27
6
5
6
5
5
41
2»
23
22
22
22
24
25
27
am
Low.
Olos.
d.
d.
d.
d.
....
6.W
5 S3
623
619
518
513
619
5 24
6 21
5 21
5 20
6 20
5 25
5 27
6 23
5 23
6 25
5 22
b2i
6 23
5 24
5 37
5 85
6 21
6 »e
6 24
5 20
5 20
6 20
6 20
6 22
5 24
5 28
5 36
5 34
6 SO
6 20
5 20
April-May.. 6 24
May-June.. 6 26
6 24
6 26
6 23
619 B19
518 5 19 5 18 5 18
61» 6 '.9 618 6 18
6 20 5 20 519 5 10
8 37
6 22
6 25
6 20
6 21
6 23
6 22
d.
Mar.-ApHl. S22
d.
f36 6S6 6 86
5 24
Olos.
6 20
5 21
Oh*
5 87
d.
Jan.-Feb. .. 6 20
Feb.- March 6 20
d.
5 25
5 20
d.
Oct.-NOT... 6 25
d.
6:w a-M 6 87
i.
Not. -Dec... 6 21
Dec-Jan. .. 6 20 6 20
d.
6 2d
5 23
Open Hijh Lovj.
1
Open Bigh Low.
641
6 25
Wednes., Uct. 10.
OctobOT
TueR., Oct. 9.
Open
<«
a.
8
6
6
5
5
5
5
5 20
6 22
5 24
5 26
Tburs., Oct. 11.
Open Bith LOU).
d.
d.
5 22
5 22
5 20
6
111
519
618
518 510
619 5 19
5 20 621
519
518
6 22
5 24
5 22
5 22
5 24
d.
d.
5 IS
619
6 20
5 22
5 24
6 20
624
d.
6 22
6 25
6 2t
6 20
6 20
6 21
5 2i
6 24
6 26
5 19
6 21
521 6 20
624 622 523
C!o>.
d.
640 5 40 5 40
6 18 617 518
618 618 6 17 B17
5 18 S18 517 617
618 618 617 617
6 20
6 21
6 23
2;l
Open Bigh Low.
d.
634 5 35 5 34 5 35
6 22
5 18
5
Frl., Oct. la.
Cloi.
d.
6 23
6 IS
6 19
5 40
6 26
6 21
5 20
5 20
6 31
5 23
5 25
5 21
5 20
5 21
5!>4
5 22
6 24
6 26
6 23
6
6
20
6 21
6 20
6 20
5 20
5 20
5 22
620
2e
BREADSTUFF S.
Fkidat, p. M., Oct. 12, 1888.
At the advanced prices qu "' od last week, the market fo
flour and meal has ruled dul. with an unsettled tone, and the
,
dealings showing, in prices actually paid, not a little irregularity. Fancy patents and choice lines of shipping extras were
held for extreme prices, being comparatively scarce, but the'
business in
them was
The
of a retail character.
close
is flroi
but quiet.
active
in
its
speculative
aspects, but with less excitement than last week, and
prices fluctuating widely 3 or 4 cents a bushel in a single
day but in the aggregate losing some of the recent sharp
advance. Exports have come to a complete stand, and as
the period approaches when it may become desirable to move
some stock the bull party becomes anxious to know at what
figures it can be done. Still the best informed think we have
no great surplus to spare. To-day the market was dull and
—
—
weak.
DAILT CLOSIKO PRICES Or NO. Z BED WETTER WHEAT.
Tnes.
Wed.
Sat.
Mon.
Thnrt.
October delivery
c.l I814
November delivery
December delivery
0.11938
January delivery
February delivery
d.
Pteadier.;
The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
otherwise stated.
}ar The prices are giv en in pen M an d 64 ths thus; 5 63 means
5 63 64d.. and 6 01 means 6 l-64d.
sail...c.
Amst'd'm steam
500
The wheat market has been
Fri.
c.
Hamburg, steam
Do
Wednes. Thiirt.
86,318
e.
sail
Bremen, steam
Do
26,464
20,154
11,699
2,919
9,561
9,658
2,108
2,794
Ball...d.
Havre, steam
Do
2,165
Mon,
Uverpool, steam d. 15j4®l4
Do
800 6,700
have been as follows :
9,094
8,000
Total.
961
sj61
Total .... 54,763
Do
800
2,165
4,147
Thursd'y..1
Wednes.
578
Weak.
Steady.
,
8,323
N. Orleans. 11,831
Savannah.. 4,999
2,919
5,895
Chareston..
Galveston..
Norfolk
l^i^ug
In buyers'
favor.
S
The particulars of theae shipments, arranged in our usual
form, are as follows
Hull
at
1-64
Market,
12:30 P.
^'2x^
800
86,318
Ant'
Sareet£ Hani'
and
Liverlona.
pool. Leitfi. Havre, burg, xoerp. Stettin,
10,000
1,000
500
Feb.-Msrch 5aa
11,831
Yucatan, 3,956.
Discoverer, 4.045
8,323
To Havre, per steamer Eosarian, 8,323
4,999
Carolina,
steamer
4,999
per
Liverpool,
Savannah—To
6,700
To Barcelona, i er steamer Naples, 6,700
Mayaguez,
2,919
steamer
2,919
per
Liverpool,
Charleston— To
5. 835
Galveston-To Liverpool, per steamer Nigrctia, 5,895
3,666
To Bremen, per steamer Birch, 3,666
JTOKFOLK—To Liveipool, per steamers Abington, 6,128
9,658
Thanemore, 3,5 iO
Boston—To Liverpool, per steamers Bavarian, 259... Michigan,
2,108
1,325... Pavoiiia. 524
1,513
Baltimore—To Liverpool, per steamer Mentmore, 1,513
1,281
America,
1,281
To Bremen, per steamer
96^
Philadkuhia— To Liverpool, per steamer Ohio, 961
Total
8,000
Mld.Orrns.
J,Hb9
2,5.jl
To Hamburg, per steamers
515|g
515i8
5 '6
goo
l,2oO....Lalm (additional),
Aller,
Werra, 1,150
151
..
doiDff.
Mld.Upl'ds.
Sales
Spec.
Fair
busiueaa
Quiet.
Oot.-Nov. .. 5 28
Nov.- Dec... 5 23
Dec- Jan. .. S22
Jan.-Feb... IS 82
14,8/9
2,104
—
To Bremen, per steamers
Market,
>t,
)
12:30 P..M.\
is
Liverpo.-l, per steamers Botlinia, 2,377
New York—To
Monday. Tuesday.
00
00
Ho. Carolina
Sattirday
Spot.
stales.
XLTI.
[Vol.
1 IOJ4
118% 112
0.121% 1 20is
0.122% 12152
1 IS^a
1 14'e
c.l 23'i8
1 le^s
1 2212
1
1
1
10%
12%
14%
1 11"8
1 137a
1 1578
115%
Fri.
1 1314
1 I514
110%
1 1714
o.l 243-i 124
117% 1 1878 1 1978 1 18%
MaydeUvery
Indian corn has fluctuated somewhat with wheat, to which,
however, its relation is slight, except that at high prices of
wheat a smaller proportion of that staple will go into feed,
and thus the consumption of corn increased. The export demand continued good until yesterday, when it was checked
by the higher prices, to be resumed to-day on a liberal scale,
as prices yielded a fraction.
DABLT CLOSING PRICES OF NO.
Sat,
Mon.
53
October delivery
o. 54
53%
November delivery ....0. 54%
53%
December delivery ..... c- 5414
49 14
January deUvery
0. 49%
May
delivery
e.
4812
4Si2
2 BIIXED CORN.
Wed. Thuri.
52 n
51%
5213
6312
6318
5218
52 7e
53%
49 14
49%
48%
481*
48
48%
Tties.
Oits have been dull, changing very little in values.
DAILY CLOSINa FRICEB OF NO. 2 MIXED OATS.
Mon.
Tues.
Wed.
Ihurs.
Sat.
30i8
30ie
30
30
o. 30^4
October deli very
31
30%
3J%
30%
o.
31%
November delivery
32i8
31%
3178
32
31%
December deUvery
o.
32i-j
32%
c
32^
January delivery
flrmly
Barley
is
held,
with
and
wanted.
Bye is scarce
done.
^The following are the closing quotations:
.^
Fri.
52%
53
53
49
48 14
Fri.
30
30%
31%
32%
little
October
THE CHftONlCLE.
13, 1988.]
« bbl.
»3 15»»3 65 Bouthom bakori' anil
family braiiils
^i H^a S7A
3 10» 4 00
Ouiwrflnn
Bnrln:; wtioat extroa. 4 10» 4 nO Rye flour, auperUns.. 4 0()» I 50
Flue
2 70*3 00
Mtnn. .Icariiudgtrn't. 6S0» 6 7»
Wlat.Tslilpii'ifOXtTM. 4 20a 4 «.» Oorn inotil—
West<^rn, Ao.... .... 8 10 9 3 30
Winter X..K and XXX. 4 75» <i S.t
RranilvwInA
(i.'iO* 7 75
_ 3 30» ....
P^tonla
.°iO» 3 8
Biu'kwlunit Hour, por
3----Biiithnru •iipnni
1I>S
4
75
1U0
3 50 is ....
4
00«
extras
49oaUi'n earn,
rine
per bosh.
BiirliiK,
8pnii>; No. 2.....
Bed winter No. 3.
0.
0.
1 05
1 12
91 35
Wl 14
1
im»l
0.
state.
V ba
65
28
20
Oats- Ul zed.,
White.
13
•
w
9
9
No. 2 mixed
30
08 • 117
Bed winter
No. 2 white
105 ailS
3J>a»
White
53
Barley—
Cjm— Wpsfn mixed. 50 »
Canada No. 1 ...... 05 9
West'niulxmlNo.S. 53 9 55^
Two-ruwed State.. Rl •
9
Btt-anici- XI. 2
53
55
Western yellow....
BouiUera white
»
•
8lx-rowed State. ..,
55
58
Buckwheat
i
70
31>9
41
31
34 >3
08
86
90 • 92
73 a 75
We
noUT.
Wheat.
Blila.\»aibi
Biu».801I»
133.5U
627,739
2.112,793
1.808,947
02.50)
70,118
183,M7
23,780
99,000
76,471
114,644
56.533
76.103
219,875
438,000
150,224
61,800
2,863.791
1,116.482
1,604,217
833,047
1,039,410
20J.50S
42.818
55,828
4,081,339
1,748,888
6,087,016
483,479
791,207
OhlcaKO
MUwaukea...
Dalath
Minneapolis.
Oatt.
Barl<v.
nvt.
BasKMIbt BluKMlbn Blulk.48U»'Bu.54Iki
810.176
393.800
105.248
83,140
248,887
i.ts6.aao
Toledo
Detroit
ClsTeland.
8t.Loul«
Peoria
Com.
282,191
279,696
10,246
234,228
72,700
177,000
334,091
218.303
225,388
3.454.504
S,505,!03
2,728.780
1,782,581
3,820,911
2,111.757
1,1<S4.7S»
8.414,738
2.378.78S
33.388,839
22.853,596
19.447,744
24,738.485
23,212.053
20,889,533
21,363,074
2,884
4,410
5,230
..
22.3U
8,055
Tot.wk.'SS.
Bamewlc'S?.
Samewk.'SS
ainet Aug- 1.
1888
1887
1886
1,970,452
26,707,980
33.712,713
86,218
9.236
2gi,.')oo
9,122
16,933
15,549
6,378.36^
78
35,870
17,050
The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by water, Oct. 6, 1888
itore at —
In
YorS
ew
Do aUoaU..—.
Wheat,
bvsh.
8.038,13"
206,400
Albany
3,89S,On8
Baflalo
Chicairo
4260,892
HUwaiikee
Duluth
438,166
746.121
Tole<lo
1,883,522
Detroit
.-,
'OBwogo
Bt.
Loulg
Do
afloat
Clacmnatl
40,000
11,959
47,568
407.767
471.324
137.789
389.765
233.087
1,347,511
Bost'ic
Torouto
MoETeal
Failattelphla
...
Peoria
IndlanapoUs..-
Kausus
City.
Baltimore
Ulnneapolls..
On Misalsaippl
Tot. Oct.
8.'S7.
Tot. Oct.
9,'86.
Tot Oct. 10,'85t.
t
Barley,
0H9h.
1,638
1-J5,600
30,?'50
1.2
60.000
486.509 101,097
3,7.n,140 1,708,117
18,634
11,342
33,958
103.903 166"843
49,534
54,571
25.000
531.930 1 ,156,869
34.0U0
35,000
29,000
326,778 270,826
73'816
49,740
100.823
6.779
13.4t<3
72,239
7,133
3,600
84,862
399,586
76,734
70,9.i9
50,823
87,><86
1,832
47,05'3
15,164
112,259
51,000
6i859
41,000
9,738
6,000
393
55,982
3,796
1.726
107,964
584,339
67,296
287,125
149,9u0
buitk.
27,500
100
198.716
385,000
1, 3 i 8,000
l,90i,661
1,560,400
24.585
429,177
98,600
6, '88. SI. 536,885
XotSept. 29,'88.
*
bitsh.
44;72'9
i',i'i7
3,693
5,068
12,108
10,013,33 < 7,40=1,924
31.509.983 10.048,020 6,914,000
3i).H80,852 7,385,736 5,321,405
52,787,435 13,577,842 4,995,446
41,094,842 15,193,9313,095,067
li*10.
>
i
i
m
'I*V
1";
;
A,
THE DRY GOODS TRADE.
Vkw
Tork. Friday
60,000
923,394 407,620
83 4,403 364,438
312.443 1.619.456
539,678 1.807.721
467,921 920,766
—
AoRicuLTtTKAL DEPARTMENT REPORT. The Agricultural
Department's report on the cereal crops was issued on October
10 and is given below.
ThB returns show that the condition of the present com crop has been
«aualeil only three times in ton years, and is exceeded materially only
by tliatof 1879. when couilitlou was 98 and the 8Ubscu»cnt ascertained
yield 28 l)nshel9, by tlie census of 1880. The present average ot londitiou
is 9^J, aj^ainst 94 2-10 In September. There has been some redmtion
from troat in Nortliorn New Ensland, Now York and Miohijfan. There
has been no decline in the Nortliwest, and tlie status of tho gre:>n corn
flurplus States remains as on the Ist of 8epteml)er. Bad weather in tiie
.South has had a sliclit elfect in reducing condition. Tlie Indications
favor a result varyiUK little from 20 bushels per acre, maklug a full
average.
The district of commercial corn gives the folIowiaK averai;os: Ohio.
99; Indiana. 98; Illinoi.s, 98 ; Iowa, 99; Missouri, 92; Kansas, 77, anil
NeOra.ska, 97. The average of New York la 83j Penusylvanla, 93; Virginia, 86; Kentncky, 93; 'fennessee, 36; Georgia, 89, and To.'ca", 94.
The coudition of l)uckwheat has aeellned heavily— from 93 7-10 la.^t
month to 79 1-10— mainly from tho effect ot frosts, as this srain is pn)diicod only in tho hij^lier latitudes. In New Yorlc tlio declinrt was from
02 to 70; Pennsylvania, from 96 to 93, and MicUlgan, from 83 to 77.
The general average for winter wheat Is 12 bushels per acre and for
spring wheat siiglitly over 10 bushels. The former has yielded betu-r
than tho general e.\peitatiou; the latter much worse. This Is of ooarsB
in nirasured imsliel.i. Tho quali'y in much below the average, which
will -tJii further reduce the Bupi)ly, as will l>e sliown more exactly Ueroaf tcr from teslimnny of inspection and millers' weights.
Tlie wuitiT wheat averages of Htates of consid,<ral)Ie production are:
New York. 14 1-10; Pennsylvania, 13 7-10; Marvland. 115-10; Vlr-
Texas 112-10; Touueaseo, 9 2-10 'Kentucky, 112-10;
P. M., Oct. 12, 198».
The wf ek under review has developed few new
feature! ot
special interest in the wholesale branchet of the dry icoods
trade. The demand for seasonable Koods at flr jt hands was
moderate, jobbers and the manufacturing trade baring governed tbeir purchases by immediate requirement*. Oa
the other band, there was a very fair demand for certain
spring and Eummer goods by wholesale buyers, and orders for
both domestic and foreign fabrics were placed in this connection with a degree of liberality denoting ample confiJence in
the aspect of the spring trade.
It was a quiet week in
jobbing circle?, despite the vigorous efforts made by leading
jobbers to stimulate business by offering various lines of
goods at temptingly low prices. The order demand from
Western, Southwestern and near-by States was of very fair
proportions, but orders from the South were exceptionally
light for obvious reasons— and altogether the local j obbing
trade was below the average of the correspondmg time in
former years.
DoMKSTia Cotton Goods.—The exports of cotton goods
from this port for the week ending Oct. 9 were 1,936 packages^
valued at $99,015.
These shipments include 869 to South
America; 334 to the West Indies; 301 to British East Indies;
198 to Great Britain; 130 to Contral America; 74 to Europe; 25
to Mexico, and 95 to all other countries. Since the 1st of January the exports aggregate 115,520 packages, valued at
Of this total China has had 39,971 packages, val
$7,005,7'i0.
ued at $2,010,186, and 27,448 packages, valued at $1,770,169,
have gone to Sleuth America, For the same period of 1887 the
exports to all ports were 151,123 packages, valued at $9,058,495, of which 75,886 packages, valued at $3,606,654, went to
China, and 80,995 p&ckage<<, ralued at $2,235,263 to South
America. To the corresponding time in 18S6 the total shipments reached 169,007 packages, and in 1885 were 143,923
packages. At first hands the demand for staple cotton goods
was almoEt wholly of a hand-to-mouth character, and trans-
Rtrictly
—
actions were light in the aggregate, jobbers and the manufacturing trade having seemingly determined to govern their
purchases by actual requireoients for the present. Prices
have not materially changed, and there was little or no pressure on the part of the commission houses to forca goods upon
unwilling buyers, because stocks ii both first and second hands
are in such good shape that a brisk demand for reassortments ia
expected to follow the pending elections. Print cloths were
in steady demand, but a trifle lower, closing firm at 3^;^o. for
64x643, and Z%c. for 56i«03. Stocks last Saturday and tor tho
three previous years were as follows :
1883.
2i,bo6
16,800
Last week's stock; this week's not received,
Minneapolis and St. Paul not lucluded.
nl», 8 7-10
:
35,000
On Lakes
^n canal driver.
Oct.
Oats,
i}u»h.
2,21.5,972
BtPauI.
Tot
897,793
12.000
4,093,024
Com,
509.180 2,093,438
m
-
Tlio i»prlnt( w),
\
iota, H 7-H>; I v
riakota,
2-:0: .Mont iiiit, IK
16 3-10. Tliu Hprluif wlivas ot Ih
to 16 buahuU.
o.
The movement of breadstuffa to market is indicated in the
fltatement bel jW, prep ired by us from the figures of the New
(ir«t give the receipts at WestYoik Pro iiica Erchunge.
ern lake and river poits, a' ranged so a'> to present the comparative movement for tho week ending Oct. 6, 1833, and
«ince August 1, for each of the last three years:
BtceipU at—
T
Ohio, 11 2-10; ^r
•ourl, 12 >I-10:
OBAIB.
Wneat—
449
Oct. 0.
Slock of Print Ctolht—
Held bv Provi.iiuce manuTrers. 20,000
manufacturers
Fall River
8.000
Providence speculators
None.
Ontslde speculators
(est)
Total stock (pieces)
1887.
1886.
Oel.9.
Oct. S.
1,500
178,000
74,000
46,000
83,000
29,500
381,000
28,000
36,000
42,000
10,000
1885.
Oct 10.
835,000
298,000
200,000
160,000
116,000 1,053,000
Printed sateens, light drees ginghams, eeersuckera, zsphyrs
and chambrays adapted for the spring trade ware in good
demand for later delivery, but dark prints and ginghams were
mostly quiet ia first hands and sluitgi-h in jobbing circles.
—
DoMESTio Woolen Goods. The demand for men's-wear
woolens at first hands was spasmodic and irregular, fairly
active diys having been followed by others of comparative
quiet.
Heavy coatings, suitings, &o., met with a good deal
of attention, and stocks are so well in hand beciuse of a matcurtailment
erial
of production at the mills that holders are
firm in their vie w3 as to priced. Light-weight clothing woolens
were in moderate rt quest, and the movement onac'ountof
back orders was of goodly proponions. Satinets ruled quiet,
and there was only a moderate business in Kentucky jeans
and doeskins. Soft wool dress fabrics were fairly active at
—
—
times, and stocks of the be.tt makiw are so well in hand that
prices are steadily maintained. Flannels and blankets were
in moderate request at first hands and fairly active in jobbitig
circles,
—
FoREiON Dry Goods, As a whole, the market for importaii
goods was very quiet, but there was a fair biuinesa in « few
specialties, as wooldre«s fabrics of a f*ncy character, ribboos.
plushes, velvets, gloves, hosiery, Ac. Men's-wear wooleas,
linen gocds, handkerchiefs, embroi'Ieries and lace* ruled
quiet, but prices are without quotable changes. The aucti<»
rooms are fairly well supplied with silk goods, wool dre«
goods, millinery goods, &c., but the offerings were notof %
very desirable character, and the goods sold bcought^ret*.^
tively low prices
_ -
THE tHUONlCLE.
460
mi& 'gavtien SawUs
©awajataii
SawUets.
atua
CANADIAN.
FOREIGN.
Bank of Montreal.
XHE
[ISTABU8HID
CAPITAL
Paid In
...
8CRPL.U8
Eon. Bli
miNALD
BANK
No. 4
A. BHITH, President.
tVALTKR Watson, AgenU.
\
ALKX'a LANQ,
and Cont'.^r^tal Ezcliange
and Cable Transfers grant Commercial and Travel•n' Credits, available In any part of the World;
MQe drafts on, and make collections In, CUcago
Rid throughout the Dominion of Canada.
BCJIIiDINCa
LONDO>, ENGLAND.
LONDON.
Solicit acoonnts and agencies of Banks, Rallwayp
Corporations, Firms and Individuals upon
favorable terms; also orders for the pnr*
chase and sale of Bonds, Shares, &c., &o, on
the Stock Exohanffe.
Intereel allowed on Deposits, subject to 00-dar»
Bank of England rate, and
one per cent below that rate snbjeot
slKht drafts, at
Capital Paid Cp, £9Tl,Seo Sterllns.
Iiondon
Office.
No. 33 Abcbnrcli Ijane.
This
to
Company undertakes the baalneM
issues
Railways and other Corporations, either
in
the mat-
payments of Interest on Loans, Dividends on
The Merchants' Bank
$5,799,200
1,920,000
Begenre,
HEAD
OFFICE, MONTREAI,.
ANDRKW ALLAN,
Bso.. '•rmldent.
BOBEHT ANDEK80N. Esq., Vice-President,
GEOKGK HAGUE. General Manager.
JOUN GAULT, Branch Superintendent.
BANKERS
:
liONDON, ENG.— The Clydesdale Bank (Limited.)
MKW YORK— The Banli of New York, N. B. A.
A general
BanklnK business transacted. Letters
Of Credit Issued, available in China, Japan and
Other foreign countries,^
Kew York Aeency. No. 61
JOHN
B.
JB.,
•*•'»'''*
1
Imperial Bank of Canada.
......
CAPITAL, paid up)8CKPLUS
B. 8. HOWLAND, Pres't.
ID. K.
HEAD
-
81,500,000
-
T. R. MKRRITT, V.-P.
Cashier.
OFFICE, TORONTO.
Branches in Ontario.— Essex
alt,
Centre, Fergus,
Ingersoll, Niagara Falls, Port Colborne,
St.
Catharines. St. Thomas, Toronto (Yonge St. Br.),
"Welland. Woodstock.
EiiANcuES IN NORTHWEST— Winnipeg, Brandon,
Calgury.
Agents
in
London :"
Xloyd's Barnett's
Agents In New York :1
OF MONTKEAU
'
& Bos
REGISTRATION OF
American Railway Shares.
BANK
Other stocks, bonds and mortgages
Due from other Nat. banks
Due from State banks and bankers
Real estate
Current expenses and taxes paid ...
Premiums
Specie
1,45B.47M 00
148,000 00
don and collection of rights.
For shares reoiiitfi^cd in iUnami the Association
Redemption fund with U.
countersigned
by the London and Wts-tminpter Bank (l.imi'ed),
against the shares lodged with tlieBank. The certificates have dividend coupons attached, payubie In
London. The charge for registering shares in the
IndividUHl deposits subject
to clieck
& Co.,
Blake, Boissevain
KeffoUate Rallwar, State and City loam.
Execute orders for Bonds, Shar^, etc., on Com
mission, and transact a general Banking
Commission Business.
Special attention given
to
the
orders for Securities on the
STREET.
Bay and Bell Sterling Exchange and Cable Trans«rs. IsBue demand drafts on Scotland and Ireland;
a'Bo on Canada, British Columbia and Sau P'ran-
Europe, China, Japan. East and West Indies and
.he Brazils, Klver Plate, &c.
Bills collected and other banking business trans-
and
ezeoatton of
New
i'ork, Iiun-
don and Amsterdam Bzohangea, In correspondence with
BI^AKE
BROTHERS
Nassau
&,
CO.,
Neiv York,
38 State Street, Boston, masa,
6
dBCO.
ClRCTliAIl KOTES issued in Pounds SterIng, available in all parts of the world. ilOMJMEUCIAI. CKKDlTtt ISMJED for use in
Street,
AND
ADOLPH
A
BOISSETAIIV
The Bank of Australasia.
(Incorporated by Koy&l Charter, xy85.j
4 Tbreadueedle
(LIMITED).
liONDON-IIead Otlioc, 3 Angel Court.
\V.
Sellgman
&
Co.
BOSTON Correspond'ts, MassacliUBetts N.Bk.
Anlliorlzcd Capital,
Paid-up »;Hpltal,
Seserve Fuud, -
- -
•
Bills negotiated or sent for oolleotlon.
Telegraphic transfers madeDeposits received In liOndon at Interest for fixed
period*, on terms which mav be ascertained on ap-
plication.
SAN FKA^CISCO Ottice, 200San8omeSt.
PiEW \ OKU. (Jorrespondente,
&
- -
1,.S0U,000
500,000
FRED'K F. LOW.
„„„„„„,
lONATZ STEINHART, *l»nagcrs.
)
SBI.B7. Secretary.
Shanghai
BANKING CORPORATION.
Paid-up Capital
»?,.500,000
Reserve Fund
....
4,000,000
Reserve Liability of Proprietors.
7,5y0iu00
The Corporation Rrant Drafts, Issue Letters oi
Credit for use of Travellers, and neROtlate or collect
Bills payable at Bombay,
Calcutta, BlnKapore,
Halcon, Maiilli. Hohk Konff, Koochow,
a muy,
Nlnjipo, Jhanahal. Hankow, Yokohama, HIoko, San
Francisco and Lond(.»n.
i
Cashier.
PBJDEAUX
Hong Kong &
$6,000 000
Transact a general bankingbusiness. Issue Commercial Credits and Bills of Exchange, available In
All parts of the world. Collections and oi'Oers for
Bonds, Stocks, etc., executed upon the most favorable terms.
r. M. IJLENTHAL,
Loudon*
.......
Anglo- Californian Bank
J.
Street,
Patd-up Capital,
.£1,000,000
Reserre Fund,
800,000
Reserve Liability of Proprietors
under the Charter . - - - 1,600,000
Iietters of Credit and Drafts issued on any of the
numerous branches of the Bank throughout Australia and New Zealand.
T TTB!
75
2,464,893
23
4.833,408
33
4.133.005 2.1
700.318 10
Total
»8.687,434 83
State of New York, County of New York, s*:
I, G. L. UUTCHISGS, Cashier of the above-namoij
bank, do solemnly swear that the above statement is true to the best of mv knowledge and
G. L. HuTCiiiNos, Cashier.
Subscribed and sworn to before me this 11th day
of October, 1888.,
KUGEM5 DKLMAR,
Notary Public.
Correct— Attest
GEO. A.MORKISiiN,/
A.
in.
TOWN8BNO
Asent, 60
CIIAKLE< I.AMEi.,
>
u. A. V. rosT,
5
Directors.
(IF THE CONDITION OF THE
REPORT
CHASE NATIONAL BANK Of THE ClTlf
NHW
VOKK, at New Yom, in the State of
Y ork, at the close of business Oct. 4. 1888
OF
New
BF.SOURCES.
Loans and discounts
$6,492,,950 67
1 .656 6»
75, llOO 00
1,000. 000 00
202, SUO OO
Overdrafts
U. S. b<'nds to secure circulation
U. s. bond.H to secure deposits
Premiums paid
—
Otiier stocks, bonds and mortgages
Cnrret't expenses and tuxes paid
KcmI estat.-, furniture and fixtures
Due from other
»^. a 15
10,,000
national
banks
Due trom
66
79
00
4ii8. .^0
|521,64» 77
State b'ks and
bankers
Checks and other cash
items
77.457 86
7,106 06
ExchauKCs for Clearing-
CO.
ABKterdam, Holland.
McTAVlSH.) A„^r,+.
H. 8TIKEMAN, '{Agents.
D. A.
FOREIGJV.
100,'.£19
Due to other nat. banks....
Due to State bks & bankers
L.ONDON, ENGL.AIVD.
North America,
No. 52 IVAI4I.
203 82
41,440 07
288.878 99
J2.0(i4,
Demand
belief.
or
British
00
11,000,000 OO
180,000 00
64,733 26
45,000 OO
Undivided profits
National bank notes outstanding
.
Bank
6S
2,250
LIABILITIES.
Capital Stock paid in
ctfs. of deposit
CertiUcd checks
Cashier's checks outst'g...
S Great Winchester Street, London, K. C.
The Association acts as Transfer Agents in London for American Railway Ce)mpaniee, in conjunction with the London agente of the Mercantile
Trust Company of >i'ew York as Registrars.
Agents in the United States,
POOR 4 GREENOUQH, 36 Wall St., N.Y.
!,886,982
Treasurer
$8,587,484 88
owners' names, and collect llie dividends by power
of attorney. Full particulars may l>e obtained at
theoffices of the Associati .n.
SA.MI'KL POPE, Q. C, Chairman.
JOMEl'Tl PRICK, Managing Director.
Secretary.
S.
Total
Surplus fund
LINDLEY,
9S
8a
46 79
per cent of circulal Ion)
of tlie Association is 3d. per share. If Insured,
6d. per share, out a- d home (including registration),
the market value not exceeding £12 per share, 9d.
per share up to £25 per share.
The Assoriation will also obtain registration in
T.
00
g'^iiO
Legal tender notes
(5
60
85
D7S,78S
2Hi
50.000
206,861
399.2T3
23,885
27,085 5i
8,706 25.
paid
obtain registration of American Railway shares
(now passhig about on blank transfers) in the name
of the Asarciatlon.securiiigto the true owner full
voting power, prompt payment of dividends in Lonwill issue, tree of cliarge, certillcates
York,
44
8,391 18
40
1,875,874 47
7,lil4 00
lanquet's Bank, limited.
Collections promptly made In any pan of Canada.
Drawers ol SterliuK Exchauge.
AGEKOY OF THE
14,
and other cash items.
Eioh's for Clearing House.
Bills of other banks
Fractional paper currency,
nickelsand cents
THB ENGLISH ASSOCIATION OF AMERICAN
BOND AND BHAREUOLDBRS (LIMITED) will
New
KK80UUCE8.
Cii'Ks
tiOO.OOO
WILKIB,
York, at New York, in the State of
at the close of business, October 4, 1888
Overdrafts, secured ar.d unsecured.....
U.S. bonds to secure circulation
IxraU Street. name
HARRik
OF THE CONDITION OF THB
KEFOKT
THIRD NATIONAL BANK, of the
city of
New
Loans and discounts
Cable Address— PATT, Lobtoox.
OF CANADA.
•
ganfe ^tatetujents.
Loans on the London Market, acts as Agent for
or Registration of Stooks in London, or otherwise.
•
drafts.
of Trustee
Loans of approved Railways, negotiates and
ter of
Capital, Pal<l Dp.
demand
Neffotlnte Railway, Ftate and City Loans.
le,! SterllDK
;
Co.,
62 Gfresham Hoasc, £; C,
i
f'Biiysnc
&
Heinemann
(LIMITED).
W J. BUCHANAN, General Manageil
DSW TORS OFFICII:
69 & 61 WALIi STREET,
Soa.
^0t:jei0U*
Railway Share Trust Co
1818.]
813,000,000 Gold
- 8«,000,000 Gold
-
XL\1I
[Vol.
WaU St.
house
Rills of other banks
Fractional pai>er curcy,
nickels and cents
Specie
Legal-tender notes
U. c. certs, of deposit for
legal tenders
537,253 92
2,320 00
840 14
50
1,9112,3111
Redtmt>tlun fund with
U. S. Treasurer (5 per
cent ol circulation)
514,020 00
60,000 00
3,375
Total
00- 3,626,888 24
111,898,586
86
1500.000
500,000
87,807
30,500
00
00
38
LIABILITIES.
Capital stock paid in
8ur|)iusfund
Undivided profits
National bank notes outstanding
00
*
Individual detmsils sub12,899,208 09
Jectto clieck
13«,».'» 92
Demand etls. of deposit.
iwu,40i 84
Certified chocks
S,i,84 IS
Casiiier's ch'ks outs'ding
1,100,000 00
U. S. deposits
Due to other nat. banks 8,72f,16S 18
Due to State bks. & bk'rs 3,2ll,5U8 86-10,774.219 47
»11,898,BS6 86
Total
State of New Y'ork, Countvof New Y'ork, ss.:
I. WM. U. PoKTEll, Casnier of the above-named
bank, do solemnly swear that the above statement
is true, to the best of my knowledge and beiief.
WM. H. I'OitTER. Cashier.
Subscribed and sworn tt, before me this 0th dar
Ev.\ht8 L. Piii:ntiss,
of October, 1888.
Notary Public Kings Co.
1 1£. Hied in N. Y. Co.
Correct.—Attest
JOHN THOMPSON,.
KDWAUD
H. W.
TUCK,
CANNON,
>
Directors.
@FedFRASER