Full text of Commercial and Financial Chronicle : October 14, 1893, Vol. 57, No. 1477

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^turiffpfeY ,

REPRESENTING TH E IN D U STRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
Entered, according to A ct o f Congress, In the year 1893, by TVs. B. D ak a a Co ., tn the office o f the Librarian o f Congress, Washington, D. C.
V O L .

S A T U R D A Y ,

57 .

% ht

O C T O B E R

1 4 ,

18 9 3 .
W e e k E n d in g O c to b e r

C h r o n ic le .

1 88 3.

T e rm s o f S u b s c r ip tio n
Payable In Advance:
F or One Y ea r............................... ................................. $io oo
F or 8iX Months
.........................................
6 00
12 00
in Subscription tineiutajgr p ostage)................
European
in Subscription Six Months (including p ostage). 7 00
European
Stibicrlptfoti in London (Including postage)......i 2 Il10s.
{
Annual ~
.* 1 10a.
do.
do.
Six Moa,
The IsvES-roBS* S cfflem e st o f 180 pages i* leaned every other
jjo n th , on the hurt Saturdays o f January. March, M ay, July, September
and November, and furnlahed without extra charge to all aubacrlbers
o f the CiiJtoKteLE for *Jx m onth# o r longer.
The Statb »xr> C ity S cm J P O n rr o f 134 pages !* also given to every
tta r la subscriber o f the C
CnyostGL*.
yearly
ukmnici.k.
Snbinerlpttons
eon
....... ......„ will
_ _ be _continued
u
Subscriptions
“ n til d efin itely ordered stopp ed.
The publishers
cannot t>e responsible
for remittance* unless made by
p u b -.....„ .........................
_
drafts o r by Post Office or Express m oney orders.
File covers are sold at 50 cent* each, and to new subscribers fo r a
rea r one tile oover 1* supplied without charge; postage on the same U
tS cents.

Terms of Advertising—(Per Inch space).

O n e tim e ............ ......... .
$3 50 |Three Month* (13 tim es)..$ 2 5 0 0
One Month
(4 tim es).. 11 00 Six Months
<26 ** ) .. 43 00
T w o Months
(8 *'
18 00 |T w elve Month* (52 « ) .. 58 00
(The above te rn s fo r one month and upward are fo r standing cards.)

N ew Y o r k

774,1*18,159

(7 79,072)
< I3 .0 1 « V * » )

(S b a e v s T s ;

Sales o f-*

(Stocks...... ...*futra.)

(O r a l* . ....... ..bm h sis.)

Messrs. E d w a b d s
scriptions and advertisement*, and supply single copies o f the paper

At IS* ©»<$!».

eiana

jo bs a . r u > to .

C
'>

l i d I * l A 7% B * D A S A Sc CJo.j I*u bH»lM>r#|
1 02 W illia m stre e t, N E W Y O R K .

I

P o st Office B o x 958.

Cue# arstn*.
Nesr York.

1883.

W o r c e s t e r ..

w

Portland* *
Fell Rirer.............. .....
L ow ell.,...,... . . . . . . . ...
New Bedford,. ..........
Total Hew Hagtttttd.

St, JbaoM................. ..............
S ew Orleao*............... ..........

*520.20l,»3S
85,835,1 «0
59,130,030
13.541,853
00,911,000
23.007,440
9,284.128

-22*0
—23*8
-26*3
-2 0 6
-20*8
-18*5
—20 9

Seven cities. 5 Say* . . —
Other cltiM, S d ay s...-------- -

*619,317,855
115.400,623

$^01,871,325
165,013,424

-22*8
-80*1

Total all<Tt>«. 5 Jay, ...
day____________

*734,754,778
145,3*27,039

*900,034,749
213,332,710

-28*0
—31*8

Total all cities for week,.

*380,083,417

*1,180,317,459

—25*4

PMtadeipMa . . . . . . . . . . . . . . . . .
Baitiroor*3...______ _ . . . . . . . .

Ail

The full details of clearings for the week covered by the
above statement will be given next Saturday. We cannot, of
course, furnish them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence in
the above the last twenty-four hours of the week have to be
in all cases estimated, a* we go to press Friday night,
Qnr usual detailed figures for the previous week, covering
the returns for the period ending with Saturday noon, Oct. 7,
a# well as the comparative totals in 189*<2, are given below.
The aggregate exchanges show an increase of about one hun­
dred and eighty-four million dollars over the previous week,
the gam at New York being ninety-four millions. Contrasted
with the corresponding period of 1892, all but eight of the
cities record lessee, a n d in the aggregate for the whole country
there is a decrease of 29 per cen t.
The roost important per-

=!o-s

t . t m

m

IS ! 1
T il

m

m

1 0A S H .09 5
02.487.fi4O
11,015,650

101.O30.3S1
10,247,3; 0

iolffllSi

Buffalo,.. . . . . . . . . . . . . . .

W aefetefftO Q ......................

Rocheeter.... .... .......
iyraeaa*-....... . . . . . . . . .

w itmtiwton... . . . . . . . . . . .
Bias humt o n ...........

Total M iddle.......

• 6 UKJ 0 0
857.30©
100.514,910

m
m

I

863,780
907.410
305.900

tH + m m o

LlStltWO

IM 9M

Indii
idiupid*............nffton....................
__Ilf,. ...............

»

262.916

-to il

T35ju3SS

ld d .0 H .0 7 ?

2,685,5M
810,533

m iju i
m m

-

1,062,Vi i
170,000

16,707,088 "

U M

-*lo*2
-?r7
-in s

i.Tioaie

—53*3
-7 1 * 7
—0*7

M5.995

iio.raj
ni.iVo

-78*5

15.788,195 - = m
7 ,(70 .55 1

imSm

—40*7

2,509,259

rS'i
*

=SS

1,488.105

1,521,11ft

1,231,711

—4.4'

=JH
397.1W
-32*3
297.713
—45*
—87‘
-Hi*8 W 4ll

Lincoln.
Wichita..
Topeka...
g T e m o x it...................... m .....

Fltuchtaaon.t

S p rin g fie ld , M o . * . , , ..........
H a s t i n g s '.......... .
T o ta l O th er W e s t

=8<

'«5,7M
—31*0

St. Louie.*,
N e w O rSeac
L o u IisyIII# .,

Galveston,.
Houston...,

m

fa c k s o iiY iile .

S85.05*

2«
757,m

tg i

if—11

400.770

»

8

Total Southern ......

IJ7,62<!,«1

Total all.......
Oatfide New York...

858.015.543 1,317,31)3,739

Montreal ...
ron to .. .. .

Hfax .....

.an
#,**"•

Total Canada.
• NotlBdadea la totals,

I b . b i s .m

-is*i

= iii

2,052,783

W a c o .... . . . . . . . . . . . . . . . . . .
P ort W o rth .
ircD In g h am

-3 0 * 1

1,734,3*1

-1 * 4

£ K

A tla n ta . . . . . . . . . . . . . . . . .
C h a r l e s t o n . * , , . . . . . . ..........
N o r fo l k .... . . . . . . . . . . . . . .

-= m

H
r
1 :000,000;

ASAUr*

Na#h?tile..
Sarannah....
e m p h ls
Mei

-tT
=k 4

-aii,72S,W50

-11*7

3.437.1*4

R ich m o n d ,

“

= ff

-28 0

St, P .a l...................

■•ax City

=83

- 3 6 1-0

IJfciK

~t. Joseph

213.916

=111

—3**7

lg m

i«MS0
107.075,548]

0,331,787

Kansas City.......
Minneapolis........ .
Omaha-.............

5?3.t..:! 6 ,a i7

-*43*4
-81*0
-5 7 * 8
-27*0

-12*2

•457.018

-22*8

-»•*

—73*5

ill
- 35*4

827,387
072.531

+ 25 *6
-4 * 4

m

«

211.
T i .2 i7 .s 3 a
772,600.1

-22*0

852,060,010

UI.IU.S:,!

10.7 11 ,17ft

2a,7io.at>7

17,740,410

-!

K 588

tit on

per cent,

(-7 -2 )
(—39*5j

(+ur■I

i f

Philadelphia...... .......
Plttkbvr*...... ........ ..
BaIUcqop*. ...........

8100* Fall.............. .
Aihadoerquet
Total PMlflo....

M o a .s s s .m
95.2S8,9S5
15,576,825
B.W0.201
72.038,830
18.S77.16t
7.342,720

P.Omt.

teo.ess.8io -SI-,

..................

P a - CWit,

Sept. SO.

1893.

i f

S Z tS K
Total Middle Western.

Wm* Emtio* Ottotwr H .
1B93.

IF«* End's

—27*9

H a r t fo r d ... . . . . . . . . . . . . .
N e w H a ................................

The following table, made up by telegraph, etc., Indicates
that the total bank clearings of all the clearing houses of the
United States for the week ending to-day, October 14, have
been $880,063,417, against $95fi,fll5,0ifi5 last week and fl,180,317, Lib the corresponding week of last year. The figures I»* Afwtelee.
l o t New York Inst year cover only five days, the Columbus Heleoli* ....
holiday having interfered.
R etu rns by Telegraph.

1 4 7 7 .

Boston.***.....
ProTiaunon........ .......

A ston t.........................
gprttiiftald. 0 ....... ........

CLEARING HOUSE RETURNsT

7.

P . Cent.

W & L

811, *14,222

Chice#o.......
C in c in a a t i...*
Milwaukee...
London Agents:
stroll........ .
& Ssttni, 1 D rapers' Gardens, E. C., will take sub­
creljuid....

w n r ia m it

N O .

o

t Publication dlacoutluued for the present.

TJ5

616

THE

C H R O N IC L E .

|Von. L'VII.

is a b e tte r fe e lin g in co m m e rcia l p a p er b u t v e r y
lit tle is d o in g in th e c ity , th e p u r ch a ses
s w £ m v city d w h t m e n t , b e in g m a in ly b y co u n try b a n k s a n d p r iv a te in d iv id u a ls .
S e e p a g e s 6 4 9 , 6 5 0 , 6 5 1 , 6 5 2 a n d 6 5 3 for our T h e su p p ly is g o o d a n d th ere is a fin e a sso r tm e n t o f
State and City Department.
n a m es, w h ic h is a lm o st d a ily in cr ea sin g . R a te s are &
All advertisements with relation to State and City Bonds p er c e n t fo r s ix ty to n in e ty -d a y en d orsed b ills r e c e iv ­
will likewise be found on the same and following pages.
a b le, 6 to 8 p er c e n t fo r fo u r m o n th s’ c o m m issio n
h o u se n a m es a n d 8 to 10 p er c e n t fo r g o o d s in g le
THE FINANCIAL SITUATION.
n a m es h a v in g fro m fo u r to s ix m o n th s to ru n . T h e
T h e in c e r titu d e o f affairs h a s c o n tr o lle d co m m ercia l ca n c e lla tio n s o f C le a r in g -H o u se lo a n c e rtific a tes h a v e
a n d fin a n cia l cir cles d u r in g th e w eek . M en ’s th o u g h ts b een la rg e th is w eek , r e d u c in g th e a m o u n t o u ts ta n d in g
h a v e b een cen te red u p o n th e p ro cee d in g s in th e S en a te fro m $ 1 9 ,5 5 0 ,0 0 0 on F r id a y o f la st w eek to $ 1 0 ,5 1 5 ,a t W a sh in g to n m ore th a n u p o n b u sin ess, a n d tra n s­ 0 00 la st ev e n in g . T h e B o sto n C le a r in g -H o u se h a s r e ­
a c tio n s a n d ev e n ts h a v e b een sh ap ed b y th o s e p ro ceed ­ d u c ed th e o u tsta n d in g ce r tific a te s to $ 1 4 5 ,0 0 0 .
in g s. T o b e su re, in th e sto c k m a rk et a lit t le q u ic k ­
A lm o st th e o n ly fe a tu r e ab road is th e h ig h r a te fo r
e n e d m o v e m e n t an d s tr e n g th h a v e a t tim e s b een a p ­ m o n e y in H o lla n d a n d G erm a n y , b o th o f w h ic h c o u n ­
p a r en t, b u t th a t h as p ro v ed e x tr e m e ly fitfu l, m a in ly tries are d ra w in g g o ld fro m th e o p e n m a rk ets in L o n d o n
co n fin ed to th e m a n ip u la tio n o f in d u str ia ls, a n d based a n d P a ris, a n d th e b a n k ra te a t A m ste r d a m is u n p r e c ­
a lm o st w h o lly u p o n m o m en ta rily h o p e fu l p ro sp ects of e d e n te d ly h ig h , s ta n d in g a t 5 p er c e n t, w h ile th e o p e n
th e rep ea l m easu re. O n th e o th er h a n d , in th e m er­ m a rk et ra te is 4 £ p er c e n t. T h e ca b le rep o rts d isc o u n ts
c a n tile a n d m a n u fa c tu r in g d e p a r tm e n ts th e d ep ressio n o f s ix ty to n in e ty d ay b a n k b ills in L o n d o n l f @ l - £ Per
h a s in crea sed a n d th e o u tlo o k is d ish e a r te n in g , trad e c e n t. T h e o p e n m a rk et ra te a t P a r is is 2p, a t B e r lin
b e in g very slo w a n d m ore an d m ore s tr ic tly co n fin ed it is 4 f p er c e n t a n d a t F r a n k fo r t 4 f p er c e n t. A c ­
to im m e d ia te n ec e ssitie s.
T h e co u rse o f th e c o r d in g to ou r sp e c ia l ca b le fr o m L o n d o n th e B a n k o f
fo r e ig n e x c h a n g e m a rk et h as also c o n tin u e d to E n g la n d lo st £ 3 1 6 ,1 4 4 b u llio n d u r in g th e w eek , a n d
v a c illa te in c o n fo r m ity w ith th e g e n era l situ a tio n . h e ld a t th e clo se o f th e w eek £ 2 6 ,4 4 9 ,8 4 9 . O u r co rres­
W ith th e sta te o f ou r e x te r n a l co m m erce in a p o n d e n t fu r th e r a d v ises u s th a t th e lo ss w as d u e to an
m a rk ed d eg ree fa v o ra b le, ju s tify in g v e r y lo w rates im p o rt o f £ 1 8 0 ,0 0 0 (o f w h ich £ 1 0 0 ,0 0 0 w as fr o m A u s ­
for e x c h a n g e , th e m a rk et h as r u le d str o n g , an d tra lia , £ 6 8 ,0 0 0 fro m E g y p t a n d £ 1 2 ,0 0 0 s u n d r ie s), to an
th o u g h a su d d en d rop h a s a c co m p a n ie d ev ery fresh c o n ­ ex p o rt o f £ 1 0 2 ,0 0 0 (o f w h ic h £ 6 2 ,0 0 0 w e n t to B o liv ia
sid era b le su p p ly o f co m m e rcia l b ills, th e b ills h a v e b een a n d £ 4 0 ,0 0 0 to H o lla n d ) a n d to £ 3 9 4 ,0 0 0 se n t to
q u ic k ly ab sorb ed a n d th e m a r k e t h a s reco v ered a g a in . th e in te r io r o f G reat B r ita in .
F o r e ig n e x c h a n g e w as a c tiv e a n d lo w er ea rly in th e
T h e r e is to -d a y on e re d e e m in g fe a tu r e , b u t it appears
to b e th e o n ly on e a m o n g th e b u sin ess v e n tu res o f th e w eek in co n se q u e n c e o f o fferin g s o f so m ew h a t lib e r a l
w h o le c o u n try , a n d th a t is th e W o rld ’s P air a t C h icago a m o u n ts o f c o tto n b ills , w h ich w ere r e c e iv e d b y
a n d th e g o o d effect its p re se n t p ro sp e rity i3 h a v in g M o n d a y ’s m a ils, b u t a d e m a n d to r e m it fo r raw
u p o n th e fin a n c ia l re su lts o f th e P a ir a n d u p o n r a il­ su g a r a n d a n in q u ir y fo r m e r c a n tile r e m itta n c e s,
ro ad ea rn in g s. T h e n u m b e r o f p a y in g v isito rs in th e q u ic k ly ab sorb ed th e o fferin g s; ra tes r e a cted a n d th e n
g r o u n d s are ev en b ey o n d th e m o st sa n g u in e e x p e c ta ­ th e m a rk et b ecam e d u ll a n d stea d y . T h is c o n tin u e d
tio n s , sev en h u n d r e d a n d e ig h te e n th o u sa n d b ein g re ­ fo r th e re m a in d er o f th e w e ek u n til y e ste r d a y ,
p o r te d o n a sin g le d a y th is w eek ; th a t n u m b e r th o u g h w h e n th e m a rk et b eca m e firm er o n th e W a sh in g ­
w as o f co u rse e x c e p tio n a l; y e t th ree h u n d r e d th o u sa n d to n n ew s. T h e p ro g ress o f th e d eb a te in th e
or o v er h a v e b een rep orted o n o th er days. C h ica g o S en a te over th e rep ea l b ill a n d th e v a rio u s rep o rts
h a s ea rn ed ’a n d d eserves th is su ccess. B u t a sid e from w h ic h w ere c u r ren t as to th e p rob ab le fin a l d is p o s itio n
th a t, a fin a n c ia l su cce ss m ea n s a p u b lic b e n e fit, fo r it o f th e m ea su re a ttr a c te d q u ite as m u c h a tte n tio n
saves n o t o n ly C h ica g o b u t to an e x te n t th e w h o le a m o n g th e fo r e ig n b an k ers as in o th e r c ir cles, fo r th e
c o u n tr y fro m th e effects th e o p p o site c o n d itio n w o u ld reaso n th a t it is g e n e r a lly b e lie v e d th a t th e p a ssa g e o f
h a v e p ro d u ced w h ich h a v e b een so o fte n p ro p h esied as th e rep ea l b ill w o u ld be fo llo w e d b y a n im m e d ia te
resto ra tio n o f e x c h a n g e to a n o rm a l c o n d itio n
a n a fte r r e su lt o f th e P a ir.
M o n ey is g r o w in g ea sier b u t m a in ly b eca u se o f an a n d lo w er ra tes, w h ile th e d e fe a t o f th e m ea su re
a c c u m u la tio n o f u n e m p lo y e d fu n d s. O n c a ll as rep re­ w o u ld m o st lik e ly b e su c c e e d e d b y a rise in
se n te d b y b a n k ers’ b a la n ces it lo a n ed th is w eek a t 3 e x c h a n g e in a n tic ip a tio n o f fr e e sales o f A m e r ic a n
a n d a t 1^ p er c e n t, a v e ra g in g a b o u t
p er c e n t. R e­ se c u r itie s h e ld ab road . T h e lo w p ric es fo r g r a in
n e w a ls h a v e b een m a d e g e n e r a lly a t 3 p er c e n t an d ca u sed b y a n in cr ea se in t h e v isib le su p p ly o f
b a n k s a n d tr u st co m p a n ies q u o te 4 p er c e n t as th e m in ­ w h eat o n ly p a r tia lly s tim u la te d a n e x p o rt m o v e m en t
im u m , w h ile som e o b ta in 5 p er ce n t; b u t th e se loan s an d co n se q u e n tly fe w g r a in b ills h a v e c o m e u p o n th e
u su a lly rem a in u n d istu rb e d . T im e m o n e y is also m a rk et. C o tto n fu tu r e s fo r O ctob er a n d N o v em b e r are
easier a n d it is so m ew h a t fr e e ly offered th r o u g h b rokers h e ld a t h ig h ra tes. T h e fo llo w in g ta b le sh o w s th e
fo r fo r e ig n a c c o u n t a n d fo r so m e in s titu tio n s o th er th a n c h a n g es in ra tes o f ex c h a n g e b y th e le a d in g d r a w e r s :
Fri..
b a n k s.
T h e d em a n d is lig h t m a in ly b ecau se
Wed., Thurs.,
Mon.,
Tues.
Oct. 6.
Oct. 9. Oct. 10. Oct. 11. Oct. 12. Oct. 13.
o f th e sm a ll b u sin ess on th e S to c k E x c h a n g e ,
84
84
84
4 84
3J4-3-K §3^-4
86 86
a n d th e co m m issio n h o u ses, w h ich are u su a lly Brown Bros.... j Sight..... 4 86 o}4-5-}4 85&-6 86
84
84
84
84
84
Baring,
560 days.. 4 84
86
86
86
86
86
4
86
la r g e borrow ers o n tim e , are d o in g little or n o th in g . Magoun & Co. i Sight......
84
84
84
83^-4
84
British
( 60 days.. 484
B a n k s are n o t le n d in g o n tim e , fe a r in g a flu rry in th e Bank
86 85>6-6 86 86 86
No. America.. ( Sight...... 4 86
84
84
84
84
84
m a rk et in case o f th e fa ilu r e to pass th e rep eal Bank
of
J60 days.. 4 84
86
86
83
86
86
Montreal........«< Sight...... 4 86
b ill. Q u o ta tio n s are 4 p er c e n t fo r th ir ty d ay s, Canadian Bank (60 days.. 4 84 84 84
86 86 8684 8684 8684
of Commerce. ( Sight...... 4 86
4 £ p er c e n t fo r s ix ty to n in e ty d ays a n d 5 to Heidelbach.Ick84
84
84
84
$60 days... 4 84
85^
86
86
86
86
6 p er c e n t fo r fo u r to six m o n th s, b u t a good elheimer & Co} Sight......, 4 86 83*
84
83« 84
. 4 83«
cla ss o f co lla te ra l is in a ll ca ses req u ired . T h ere Lazrrd Freres... j
86 8486 8480
85« 86
. 4 86M
THE

O ctobeb 14, 1893.]

THE CHRONICLE

T h e m a r k e t clo sed d u ll b a t firm a t 4 8 4 fo r lo n g
•aad 4 86 for sh o rt. R a tes fo r a c tu a l b u sin ess w ere 4 8 3*
to 4 8 3 j fo r 60-d a y; 4 8 5 i to 4 S o* for s ig h t; 4 8 5 f to
4 86 fo r cab le tran sfers; 4 8 2 f to 4 83 fo r p rim e an d
4 824 to 4 824 fo r d o cu m en ta ry co m m ercia l b ills.
W e h av e a llu d e d ab ove to th e la rg e a tten d a n ce a t th e
W o rld ’s F a ir a n d to th e fa v o ra b le re su lts w h ic h h a v e
fo llo w ed fro m th a t circu m sta n ce. T h e r e are som e o th er
fe a tu r e s c o n n e c te d w ith th e m a tte r w h ic h le a v e a d eep
im p re ssio n . I t is c e r ta in ly a m o st im p o s in g a c h ie v e m e n t
to h a v e h ad w ith in th e p re cin c ts o f th e F a ir th ree q u ar­
ters o f a m illio n p eo p le in a s in g le d a y , as wa3 th e
ca se o n “ C h ica g o D a y .” A t n o p rev io u s F a ir in a n y
p a rt o f th e w o rld , th e rep orts te ll u s, h a s th e m a x im u m
a tten d a n ce c o m e a n y w h ere near a p p r o a c h in g th is
fig u re, an d d o u b tle ss p rio r to th e a c tu a l o ccu rren ce no
o n e w o u ld h a v e v en tu red to p re d ict su ch a fig u re ev en
fo r th e C o lu m b ia n E x p o s itio n . P erh a p s n o less sig n ifi­
c a n t is th e fa c t th a t th e v a st crow d s w h ic h m a d e u p
th is n o te w o r th y a g g reg a te w ere h a n d le d w ith o u t im ­
p o r ta n t d ra w b ack s or serio u s m ish a p s. S u c h a sh o w in g
sp ea k s w e ll o f th e fo r e sig h t o f th e m a n a g e m e n t o f th e
E x p o s itio n an d also o f th a t o f th e ra ilroad s. F ro m
th e very first, ev ery o n e w ho h a s b een to th e F a ir h as
referred in glowing terms to the artistic beauty o f th e
E x p o s itio n b u ild in g s an d g r o u n d s. T h e e v e n ts o f th is
week demonstrate th a t the practical management o f
th e u n d e r ta k in g h as b een n o less e x c e lle n t. 1 1 is to
h e rem em b ered th a t th is g r ea t a tte n d a n c e w as reach ed
in a p erio d o f b u sin ess d ep ressio n . T h e m in d grow s

bewildered at the thought of how great the number of

a d m issio n s w o u ld h a v e b een h a d th e co u n tr y b y th e
g ra ce o f its le g isla to r s b e e n a llo w ed to en jo y a fu ll
m e te o f p ro sp e rity . T h e r e are few' c itie s in th e w orld
th a t h a v e th e fa c ilitie s an d a cco m m o d a tio n s n ecessa ry
fo r su c h an E x p o s itio n as th a t n ow in p rogress a t C h i­
c a g o , a n d ju s t as fe w co u n tr ie s th a t co u ld su p p ly th e
e le m e n ts n ecessa ry to m a k e it a su ccess.
T h e I llin o is C en tra l R a ilro a d , w h ich is d e r iv in g
s u c h im p o r ta n t b e n e fits fro m th e F a ir , h a s th is w eek
su b m itte d a n o th er s tr ik in g ly fa v o ra b le sta te m e n t o f
ea r n in g s, r e p o r tin g fo r S ep te m b er, 1 89 3, g ro ss o f $ 2 ,1 2 6 ,0 8 8 a g a in st $ 1 .1 6 2 ,8 2 3 for S ep te m b er, 1 89 2, th u s
sh o w in g an in crea se o f 1 3 6 3 ,2 6 5 . I n J u ly a n d A u g u st
th e in crease was # 6 5 8 ,0 0 0 , so th a t in th e first th ree
m o n th s o f its n ew fiscal y ea r th e co m p a n y h a s added
o v er a m illio n d o lla rs to its gross r e ceip ts, n o tw ith ­
sta n d in g th e u n fa v o ra b le in d u str ia l c o n d itio n s w h ich
h a v e p rev a iled an d w ith o u t a n y in crease in th e e x te n t
o f road o p era ted . T h e sta te m e n t o f n e t ea rn in g s fo r
th e m o n th p r e c e d in g — th a t is fo r A u g u st— h a s also b een
fa m is h e d th is w e ek . I t ap p ears th a t w ith # 3 1 7 ,8 3 9
in cr ea se in g ro ss ea rn in g s in th a t m o n th , th e in cr ea se in
e x p e n se s w as o n ly # 1 9 ,0 0 7 , th u s le a v in g a g a in in n e t o f
# 2 9 8 ,8 3 2 . I n J u ly , i t w ill be rem em b ered , th ere had
b een o n ly # 1 4 ,7 2 8 in crea se in e x p en ses o n # 3 4 0 ,1 7 0 in ­
crease in gross, m a k in g th e g a in in n e t # 3 2 3 ,4 4 2 . F o r
th e tw o m o n th s c o m b in ed th e r e fo r e th ere h a s been
$ 6 5 8 ,0 0 9 in crea se in gross an d # 6 2 4 ,2 7 4 in cr ea se in n et.
U n d e r th is im p ro v em en t th e to ta l o f th e n et fo r 1893
sta n d s at # 1 ,1 5 3 ,9 8 7 a g a in st o n ly # 5 2 9 ,7 1 3 for th e tw o
m o n th s la st y ea r, th u s sh o w in g an in crease o f c o n sid e r ­
a b ly over 100 p er ce n t.
S o m e o th er road s are a lso fa m is h in g ev id e n c e s o f
im p ro ved r e su lts, a id e d n o t o n ly b y th e F a ir tra v el
h a t also b y th e re su m p tio n o f in d u stria l a c tiv ity w h ic h
o ccu rred a fte r th e p a ssa g e o f th e silv er rep eal b ill in
th e H o u se o f R e p resen ta tiv es. H ow far th e im p r o v e ­
m e n t is to b e c h e ck e d u n d er th e m isera b le fiasco in th e

617

S en a te o n ly th e fu tu r e ca n d eter m in e. A t a ll e v e n ts
th e C h icago M ilw a u k e e & S t. P a u l rep orts fo r th e 1 st
w e e k o f O ctob er a n m erea se in g ro ss ea rn in g s fo r th e
first tim e sin c e th e e n d o f J a n e : th e in cr ea se is
$ 4 0 ,6 2 6 . T h e M isso u ri K a n sa s & T e x a s also h a s an
in crease fo r th a t w eek a n d h ad a n in crea se in th e fo u r th
w eek o f S ep te m b er, th ese lik e w ise b ein g th e first g a in s
fo r a lo n g tim e . F o r th e m o n th o f S ep te m b er
th e W est V ir g in ia C en tra l & P ittsb u r g rep o rts a n in ­
crease o f $ 6 ,9 9 1 in gross ea rn in g s a n d a n in crea se o f
$ 6 ,7 2 9 in n e t ea r n in g s. O f co a rse th e se road s s ta n d
ex c e p tio n a l, an d lo sse s, n o t g a in s, are s till th e ru le . T h e
im p o r ta n t p o in t is th a t th e lo sses h a v e b ec o m e sm a ller,
a a d g e n e r a lly th e retu rn s h av e b een g r o w in g b etter. T h e
G eorgia R a ilro a d in S ep te m b er lo s t $ 2 3 ,1 6 1 in g ro ss
and $ 7 ,8 2 5 in n e t. F o r A u g u s t th e L o u is v ille N e w
A lb a n y & C h ica g o rep o rts n e t o f $ 1 2 8 ,7 2 5 a g a in st
# 1 3 1 ,1 3 8 , th e O h io R iv er # 3 7 ,4 7 4 a g a in st # 4 6 ,6 3 4 , th e
O regon Im p r o v e m e n t $ 9 3 ,3 0 8 a g a in st $ 1 0 4 ,9 6 1 , th e
P h ila d e lp h ia & E r ie $ 9 5 ,2 5 7 a g a in st $ 1 6 6 ,3 6 3 , th e T o le d o
& O h io C e n tra l # 5 0 ,8 4 5 a g a in st $ 7 6 ,7 1 3 , th e F lin t &
P ere M a rq u ette # 5 5 ,1 5 7 a g a in st $ 6 4 ,5 6 0 , th e C h ica g o
& W est M ic h ig a n $ 2 9 ,8 6 6 a g a in st $ 5 4 ,8 7 9 , an d th e
D e L o it L a n sin g <$. N o r th e r n $ 2 8 ,1 0 2 a g a in st $ 4 7 ,9 1 6 .
T h e fo llo w in g s ta te m e n t, m a d e u p fro m ro tu rn s c o l­
lected by n s , sh o w s th e w e ek ’s re ceip ts a n d sh ip m e n ts
o f cu rren cy a n d g o ld by th e N e w Y o rk b a n k s.
*T«k E nding (VI. 13, 1833.

Jlu tivcd by Shipped by
X . r . B an k* X . T . Banks-

N et I n te rio r
M ovem ent,

$0,119,000 $3,104,000 Gal u$2,955,000
1,821,000
891,000 Gaia. 830,000
Total gold and legal tender*—

S7.440.000 $3,853,000 G*tn.$3,585,000

R esu lt w ith S u b -T rea su r y o p era tio n s.
Bank,' interior movement, as abov
Sah-Treaeury operation,...............

Out o f
Banks.

In to
Banks.

m m trullnv <Kt. 1*. 1883.

N et Change in
Bank Moldings,

$7 M O , OOO 53.855.000 Gain. $3,586,00*

14,200,000

18.100.000 Gain. 2,100.000

sn.sto.ooo $13,955,000 Ciain$5.885,000
The following table indicates the amount of bullion
in the principal European banks.
Total gold and legal tender*,.,.

(October

Bank o f

Gobi.
t

12. isos.

| Silver.
*

October 13, 1892.

Total.
M

England........ 2«,4U»,8,S>! ............. 26.419.SI9
118,577,283
franco.......
9351,750 39.107.000
Uertuanj- ..
Aaat.-floog'jr 10.68*3.000 18,2551,000 28.041.000
Motherland,.. 2,402.000 8,873,000 0.3J6.O00
Nat-Belgiom* 2,122.8*7 1,3*1.3.13 4,081.000
7,017,0*0 6.358.000 14.273.000
Spain............

Bold.

Silver.

&
Jl
20.085,511
88.931,192 51.351,317
32.559.000 10.853.000
10.830.000 18.920.000
8,188,000 7.088.000
3.010.000 1.523.000
7.811.000 1.993.000

Total.
M

26.085,SU
118,282,503
43.412.000
27.750.000
10.252.000
4,5*9,000
12,000,000

Tot. tht, week i t r j m A w ' s u s s . m 838.807,132 150,828,708 92,728,317 212,5)57,023
Tot, prey, w'k U7,709.1<M:n,<W4,7M KI9.353857 151,108.810 93.827.500 214.434,110
3 ' The division (between gold and silver) given In oar table o f coin and
bullion In the B ank o f Germany and tbe B ank o f Belgium Is m adefrom
the iHsst estimate we are able to obtain: In neither oase Is It olaimed t o
be accurate, as those banks m ake no distinction In their weekly returns
merely reporting the total gold and silver, bnt we believ e the d ivision
we make Is a close approxim ation.

TH E F A IL U R E TO FORGE A
THE SEN ATE.

VOTE I N

T h e p a st w eek w ill alw ays be m em o ra b le as th e o c
ea sio n o f a sta r t a n d a fin ish in w h a t w as b elie v ed to
be th e final str u g g le fo r th e rep eal o f th e p u r c h a sin g
cla u se o f th e 18 9 0 silv er b ill. O n W e d n esd a y th e lo n g
co n te m p la ted session b eg a n , an d a t 1:45 o ’c lo c k y e ster­
d ay m o rn in g (F r id a y ) it clo sed , h a v in g p roved a co m ­
p le te fa iln re so far as th e a c c o m p lish m e n t o f th e objocA
in v ie w is co n cern ed .
This contest seemed to be entered upon quite osten­
tatiously a3 a mere trill of brute force— a “ test of
physical endurance,” So far as such a continuous
session is a more trial of physical endurance it is

618

THE

C H R O N IC L E .

w ith o u t reason an d ca n n ev er g a in its p u rp ose.
B u t i t is h a r d ly fa ir to a ssu m e th a t a m e th o d
fo r fo r c in g a v o te in sev er ely c o n te ste d ca ses
c o u ld h a v e b eco m e e sta b lish ed a n d h a v e b een in
p r a c tic e so m a n y years in su ch a b o d y as th e
S e n a te is , if it h a d n o b e tter b asis th a n th a t fo r its
e x iste n c e . S u c h str u g g le s h a v e g e n e r a lly b e e n b rie f to
b e s u r e ; b u t y e t w h e n h a s th e p r a c tic e b ee n u se d as a
la s t reso rt a n d fa ile d in m a k in g th e lesser p a rty y ie ld
i f it w as in th e w r o n g ? P resu m a b ly th e r ig h t is w ith
th e m a jo r ity ; m o reo v er th e m in o r ity m a y a lw a y s be
co m p e lle d to h o ld th e m ore tr y in g p o sitio n , fo r it m u st
ta lk or o th erw ise w o rk u n in te r r u p te d ly to d efer a v o te
w h ile th e m a jo r ity n ee d o n ly w a it fo r an o p p o r tu n ity
to v o te or fo r a c o n se n t th a t a v o te b e ta k e n a t som e
fu tu r e d a y . A ll th a t is re q u ire d o f a m a jo r ity is to
k e e p a q u oru m w ith in rea ch .
E o r th e se reaso n s th e m in o r ity in a te s t lik e th a t o f
th is w e e k ca n b e p la c e d , if su c h is th e w ill o f th e m a ­
jo r ity , a t a d e c id e d d isa d v a n ta g e; a n d h e n c e th e su cce ss
th r o u g h th is m e th o d o f a n y m easu re w h ic h a m a jo rity
o f th e S en a te m ay fa v o r, is a ssu red if th a t m a jo r ity is
r e a lly in ea rn est. M o st c e r ta in ly th a t m ea n s th a t th e
v ita lity o f th e p r a c tic e th e S e n a te h a s in th is in sta n c e
s o u g h t to g iv e a n illu s tr a tio n o f, h a s h ith e r to b e e n d u e
t o its h a v in g b ee n u sed as a te s t o f m o ra l en d u ra n ce
n o t o f p h y sic a l en d u ra n ce. C o n se q u e n tly w h en ev e r
t h e d e te r m in a tio n o f a c o n te st in th e S e n a te is re ­
d u c ed to a m ere tria l o f n erv e, m u sc le a n d d ig e stio n ,
fa ilu r e o f a n y g o o d r e su lt m u st b e as e v id e n t a t th e b e ­
g in n in g as a t th e en d .
T h e se s u g g e stio n s ra ise th e g ra v e q u e stio n , h ow
m a n y o f th o se w h o h a v e d ecla red th e m se lv e s as fa v o r ­
in g rep ea l e a rn estly d esired it ? T h e r e h a v e b een c e r ­
ta in in d ic a tio n s th e p a st tw o w e ek s w h ic h h a v e in c lin e d
th e p u b lic , b efo re th e issu e w a s d e te r m in e d , to lo se its
f a it h in a sa tisfa c to r y o u tco m e, b ec a u se it h a d lo st
fa ith in th e m o tiv e s o f in d iv id u a l S en a to rs ; h e n c e o n ly
& p h y sic a l te s t w as p o ssib le, fo r in th e ab sen ce o f w h oleso u le d su p p o rt n o m ora l fo r c e c o u ld b e e x e r te d . H a d
th o s e w h o h a v e ex p ressed th e m se lv e s in fa v o r o f rep eal
b e e n as th o r o u g h ly in te n t as th e p e o p le are on th e s u c ­
ce ss o f th e rep ea l m ea su re, th e r e ca n b e n o d o u b t
w h a te v e r as to th e ch a ra cter o f th e c o n c lu sio n .
T h e g r e a t o b sta cle h a s o b v io u sly b e e n in th e
lu k e w a r m n e ss o f m a n y o f th e a d v o c a te s fo r rep eal.
I n so m e ca ses th is h as b e e n sh o w n in a n ex p ressed d is­
b e lie f in th e n e e d o f su c h a rem ed y fo r th e re sto r a tio n
o f b u sin e ss p ro sp e rity . B y so m e it h a s b ee n sa id th a t
b u sin e ss w as p ro sp ero u s a lr ea d y or in a fa ir w a y to be
p ro sp ero u s so o n . O th ers a m o n g th o se w h o h a v e fa v o red
t h e m ea su re h a v e h e ld to th e o p in io n th a t ou r tro u b les
w erS n o t d u e to th e S h e rm a n law . O f co u rse if a p o r ­
tio n o f th e m a jo r ity r e a lly ca n b e lie v e th a t th e co u n ­
tr y ’s in d u str ie s are, or so o n w ill b e, in a sa tisfa c to r y c o n ­
d itio n w ith o u t th e co n te m p la te d a c tio n , or if a n o th er
p o r tio n a ssu m es th a t co m m erce ca n n o t b e re liev ed or
m a d e p ro sp ero u s th r o u g h th e su cce ss o f th e m ea su re,
w h a t h o p e c o u ld th e r e b e in p r o lo n g in g th e str u g g le ?
N o m o ra l te s t w a s p o ssib le b y su c h an in c o n g r u o u s
h a lf-h e a r te d b od y o f a d v o ca tes.
E v e r y o n e w ill ask n o w w h a t is to b e th e n e x t ste p in
th is p r o c e e d in g to in d u c e th e S e n a te to carry o u t th e w ill
o f th e ir c o n stitu e n ts. T h a t th e in d u str ia l situ a tio n re­
q u ires a b so lu te rep ea l b efo re a n y h o p e o f f u ll p ro sp erity
c a n b e in d u lg e d , is b ey o n d q u e stio n . T h a t h as over
a n d over aga in b ee n m a d e clear b y u s an d b y o th ers.
B e sid e s, it is th e b e lie f o f th e p e o p le , a n d a m a jo r ity o f
th e S e n a te h a v e also a n n o u n c e d th a t th e y w ere in fa v o r

[v o l .

Lvn.

o f th e m ea su re b efo r e it. U n d e r su c h c ir c u m sta n c e s
it is first o f a ll e v id e n t th a t n o c o m p ro m ise o f a n y so rt
ca n be a c c e p te d ; if th e p u b lic c a n n o t h a v e th e r e lie f
th e c o n d itio n s req u ire, lea v e th e la w as it n o w is. T h e n ,
a g a in , if th e S e n a te c a n n o t p a ss th e e x is tin g b ill, it
ca n n o t p ass a n y b ill to w h ic h a m in o r ity o b je c ts, an d th a t
b od y has b ec o m e an o b sta cle a n d n o t a n aid to g o v e r n ­
m e n t. C an th e S e n a te afford to lea v e th is s tr u g g le
w ith o u t a sse r tin g th e r ig h t o f th e m a jo r ity to r u le ?
T h e p eo p le c a n n o t if it ca n .
IN D IC A T IO N S OF T E E SE A SO N ’ S CROP
Y IE L D .

T h e A g r ic u ltu r a l B u rea u a t W a sh in g to n h a s th is
w e e k issu e d its u su a l O ctob er sta te m e n t b e a rin g o n th e
year’s a g r ic u ltu r a l re su lts. W h ile th e d a ta fu r n is h e d
d o n o t a d m it o f d e fin ite a n d e x a c t c o n c lu sio n s r e g a r d ­
in g th e y ie ld o f m o st o f th e crop s, y e t th e y fu r n is h , w e
m a y su p p o se, a p r e tty fa ir in d ic a tio n o f th e p ro b a b le
p r o d u c tio n . I t sh o u ld b e d is tin c tly u n d e r sto o d
th a t th e B u rea u its e lf h a s m a d e n o e s tim a te o f th e
crop s; su c h e stim a te w ill n o t b e fu r n is h e d u n til th e
clo se o f th e y ea r; b u t th e avera g es o f c o n d itio n a n d o f
y ie ld p er acre w h ic h it g iv e s o u g h t to fo re sh a d o w p r e tty
c le a rly w h a t th e e stim a te s are lik e ly to h e, a n d w e h a v e
fo llo w e d ou r u su a l p r a c tic e o f s e e k in g to in te r p r e t th e
a v era g es w ith th a t p u rp o se in v ie w .
T h e crop s w h ic h are o f m o st im p o r ta n c e to th e c o u n ­
tr y are co rn , w h e a t, c o tto n a n d o a ts. I n n o n e o f th e se
ca ses h a v e th e c o n d itio n s b e e n fa v o ra b le to a la r g e
y ie ld , b u t th e rev erse, c h ie fly b y rea so n o f th e d r o u g h t
a n d th e o th e r a d v erse w e a th er in flu e n c e s w h ic h h a v e
p re v a ile d a t o n e tim e or a n o th e r d u r in g a n d p r e c e d in g
th e g r o w in g season . A n d th is rem a rk a p p lie s n o t a lo n e
to th e crop s m e n tio n e d b u t to th e w h o le a g r ic u ltu r a l
s itu a tio n . T h e sea so n h as b e e n a v e ry tr y in g o n e , e s ­
p e c ia lly in th e p ro lo n g a tio n o f th e p erio d o f d r o u g h t in
som e o f th e p r in c ip a l p r o d u c in g s e c tio n s. T h e co u n tr y
is o f su c h w id e e x te n t th a t a to ta l crop fa ilu r e is a lm o s t
o u t o f th e q u e stio n , b u t th e e ffe c t o f a d v erse fa c to r s
lik e th o se e n u m era ted b eco m es a p p a ren t in a d e c id e d
lo w e r in g o f c o n d itio n a n d a d im in u tio n in a v e ra g e
y ie ld s. B e a r in g th is in m in d , a co m p a riso n o f th e
avera g es fo r th e v a rio u s crop s th e p r e se n t year w ith th e
avera g es o f p re v io u s years a t th e sa m e d a te afford s a t
o n c e a clear a n d co m p reh e n siv e su r v e y o f th e w h o le
a g r ic u ltu r a l s itu a tio n , w h ile co n fir m in g th e sta te m e n ts
m a d e re g a r d in g th e ch a ra cter o f th e sea so n . A c o m ­
p a riso n o f th is n a tu r e is fu r n ish e d in th e fo llo w in g .
1893.
Corn.......... 75-1
B uckwheat 73-5
P o ta to e s.. 71-2
T o b a cco .... 74-1
C otton___ . 70-7

1892.
79-8
85-6
66*7
83*0
73-3

eosruT iojr o r chops .
1891. 1890. 1889.
91*7
92-5
70-6
92-7
90-7
90*0
91*3
61*7
77-9
85*4
93*8
80-7
75-7
80-0
81-5

1888.
92*0
79*1
86-8
85'7
7 8 ‘9

1S87.
72-8
76*6
61*5
73-8
76-5

188680-0
86-5
81-0
86-6
79-3

1887.
12*1
10*1
25*4
19*0

1886.
12*4
11*5
26-4
22-4

AVERAGE YIELD PER ACRE—BUSHELS.

1893.
W heat........ 11*3
E y e........... .. 13-3
O ats.......... . 2 3 '5
B arley....... 21'7

1892.
13-4
12-7
24-3
23*7

1891.
15*3
14*4
28*9
25*8

1890.
11*1
11-8
19-8
21*0

1889.
12-9
11-9
27*4
22-2

1888.
11*1
12-0
26*0
21*3

T h is sh o w s lo w a v era g es th e p re se n t year a lm o s t
w ith o u t e x c e p tio n , b u t it also sh o w s th a t th e r e h a v e
b e e n o th er years w h e n th e a v era g es w ere ev en lo w e r .
O f c o u r se .if w e co m p a re w ith th e re su lts fo r 1 89 1 t h e
co n tr a st is v ery str ik in g , b u t su c h a co m p a riso n is n o t
fa ir, as th e 1891 y ie ld w as p h e n o m e n a l a n d e x tr a o r d i­
n a ry , th a t year h a v in g b e e n in ev e r y w a y a n e x c e p tio n a l
on e. T a k e o a ts fo r in sta n c e . T h e a v era g e y ie ld f o r
th e p re se n t year is p u t d o w n a t 2 3 '5 b u sh a ls p er a cre ^

THE CHRONICLE.

O c t o b e r H , 1893.]

th is is 5 -4 b u sh els le38 p er acre th a n fo r 1 8 9 1 , b u t it is
o n ly e ig h t-te n th s o f a b u sh el less th a n la st y e a r, a n d
a c tu a lly 3 '7 b u sh els m ore th an in 189 0. S o , to o , in th e
case o f co rn , w h ile th e c o n d itio n n ow a t 75-1 co m p ares
w ith 92'5 in 1 8 9 1 , it co m p ares w ith o n ly 79-8 la st year
a n d w ith but 7 0 -6 in 1890. E v e n w ith o u t c o m p u ta ­
tio n s o f th e p ro b a b le p r o d u c tio n , th ere fo re, w e sh o u ld
c o n c lu d e th a t th o u g h th e 1893 y ie ld fe ll c o n sid e ra b ly
sh o rt o f b e in g a fu ll on e, it was y e t a to lera b ly fa ir o n e ,
a n d th is c o n clu sio n th e c o m p u ta tio n s th em selv e s c o n ­
firm . I n th e fo llo w in g tab le w e sh o w th e co rn c o n d i­
tio n figu res for th e le a d in g p ro d u cin g S ta te s, d isc lo sin g
m u ch th e sa m e g en era l r e su lts.
COUMTIOS OF c o a x .
1893,

S ta le*.

1892.

1891.

71

Kentucky-.........
Pennsylvania...

66
93
*9
64
til
65
70
68
86
00
76
75
73
61

SI
82

92
95
86
S3
94
03
97
95
74
34
91
97
93
03

A v ’ge V . States,

75-1

79-3

92-5

Illinois...............
Iow a..................
Missouri............
Kansas..............
Itulianj.............
N.-sraska..........
O h io .................
M ieM san..........
W I«eon*m ........
Mtaueaouk.........
Texas — .........

It*

92
70
77
73
80
70
80
85
93
m

1890.

1889,

72

90

1888.

73

97

80
43
71
54
CO
72
86
95
72
76
80
83

90
96
33
97
S3
66
76
86
94
93
95
89

98
99
92
77
93
97
89
86
36
SO
91
80
95
03

70-6

917

92

1837.
60
73
70
45
61
07
70
56
76
85
90
7g
58
96
72-8

b u sh els fo r 18 9 1 , b u t w ith o n ly 1 ,-MC n d l i u lu s h e
fo r 189 0. I n Io w a th e p r o b a b ilitie -s p o in t to a crop o f
2 4 8 m illio n b u sh els, a g a in st 2 00 m illio n b u sh els la st year,
in K a n sa s to 1 4 4 ,5 0 0 ,0 0 0 b u s h e ls , a g a in st 1 4 5 ,8 2 5 ,0 0 0
b u sh els. I t is p ro p er to sta te th a t th e K a n sa s S ta te
B oard e stim a tes th e crop fo r 1 8 9 3 a t o n ly 1 1 3 ,5 8 5 ,6 5 2
b u sh els, p a r t o f th e co rn a crea g e b ei n g rep o rted as u n fit
fo r h a r v e stin g . I n o a ts th e o u tlo o k p o in ts to a crop o f
640 m illio n b u sh els, a g a in st 6 61 m illio n b u sh els la st
year and 738 m illio n b u sh e ls t h e y e ar b efo re, h u t a g a in st
523 m illio n b u sh els iu 1 8 9 0 . I n th is case th e figu res
sh o u ld co m e very clo se to th e B u rea u 's p ro b a b le e sti­
m a te o f p ro d u c tio n , sin c e th e y ie ld p er acre is g iv e n ,
w h ich we h av e a p p lied to t h e p re v io n sly rep orted acre­
a g e. T h e sam e s ta te m e n t m a y b e m a d e reg a rd in g th e
in d ic a te d p ro d u ct o f w h ea t, w h ere a lso w e h a v e a p p lie d
th e figu res o f y ie ld s per a cre to th e rep o rted acreag e.
T h ese w h ea t r e su lts are ta b u la te d in th e fo llo w in g .
Winter Wheat.

o f th e S ta te s th e corn o u t-tu rn h as b een rem a rk a b ly good
— m u ch ab o ve th e a v era g e, a n d g r e a tly in e x c e ss o f la st
year. Iowa, of late years the largest corn producing
State in the Union, furnishes a striking illustration of
this. There the condition is 98 for 1893 against only
79 for 1892 ; Missouri also shows a high average at 89
against 82, Minnesota at 95 against 83, and Wisconsin
at 86 against 80, though those last two are not large
producers. The States which have done poorly are
Indiana 61, Illinois 66, Kansas 64 and Nebraska 05.
Bat even the Kansas average at 64 looks high alongside
the average of only 43 for that State in 1890 and the
game is true of the average of 65 for Nebraska when
compared with 54 in 1890. In the case of this cereal
there is also an advantage from the fact that the
acreage ti larger than it was last year. In the follow­
ing w e h av e by c o m b in in g the changes in acreage with
the changes in condition sought to furnish au approx­
imation of the probable production. In the same table
we also give the indicated product of oats for each of
th e le a d in g States.
C»rn.

ImUctUml
Prod act.

1£08.

Bushel*.
M ja tT M O

U4.SOO.OCO M5,8S»,000 Minnesota... ...
im jm jm
1S2.MW.000 WtamMttsaa.aa
140,099,000 1§7445,00© H u t u ........
85447,000
O h io...... ......
7!.m>WO ssi-moos Missouri., ...
73,04.2,000 Pennsylvania..
81474.00© New Y o r k ..
m ,m jw >
m jm jm

m i 57,000
m jm i.o o o
2 9 .m o.fm
m stru m
m h w im o

Basket*.

200,221,000
tx m tsm
w :m ,m
m M *m >

Bmhcte.
75,000,000
m .m .o o o

Spring W heat.

m

i Bmhete. j Bushels.

Ohio,..*.. ....... 4O.dd0.O00 38.022.000

M in n e s o t a .. .

Indian*..............! W.810,00©1 m*s& .000 IS. D a k o t a . . . . ,
Illinois............ 15,173,000! 38.370.000 Jn . D a k o t a .. . ,
Michigan..... ... ■ 18.3S*.000 23.s51.000 I o w a ........... .
K.................... IBJ98.0OO 70.831.000 jNebraska......
29,001,00©

30.157.000 ‘Wisconsin....

Missouri.......... !
Oregon... . . . . . . . j i2.088.0CO

,000 Washington..

9,770.000 Colorado
Pennsylvania, 1 1 7 4 10 ,00© 10.331.000 U t a h . . . . . . . . . .
Kt-ntoeky.... ... . W .m M Q l 11.835.000 / M o n t a n a . . . . . .
7,413,000. 8.5*0,000 I d a h o . . . . . . .
554,000: 8403.000 New M e x ic o .,
Total......... w
m
&
35,053,000
T.,t«i »Uit«t .... 37Q,»73,OQO

m

j t Total....

-ah others..
V.Ow Tula! spring,.

180.844.000 183,740,000

Here there is a loss in both winter and spring wheat,
'
th e aggregate only 391 million bushels, which is
smaller even than the 1890 product. But it is precisely
in this cereal that the loss is of least moment, since we
have in the country large surplus supplies left over
from previous crops. In Kansas the yield for 1893

worka o u t 2 6 ,2 9 2 ,0 0 0 b u sh els, a g a in st 7 0 ,8 3 1 ,0 0 0 b u sh ­

els last year. Ohio, Oregon and Washington are th e
only States of consequence which appear to h a v e
raised a larger wheat crop th a n in 1892. B r in g in g
now th e to ta ls for wheat, co rn and oats— th e th ree
g rea t g ra in crops— to g e th e r , w e h ave th e fo llo w in g
condensed su m m a ry , w h ich fu r n ish e s a p r e tty fa ir id ea
of th e crop situ a tio n , re la tiv e a n d a c tu a l, in r e c e n t

years.

CBOM o r WHEAT, CORK A 5 0 OATS

T om
Production.

Com .........
Wheat...........

MBS.

1882.

BiuheU.
I M W I .0 0 0

IS,-title.

!

1881.

X890.

is m .

Bmhtl*.

Bushels.
Bushels.
1,828,494.000 8.080,154.000 1JM # 70,00© 2,112.892,000

981.217,000 Slfi.M9.OOo; liU.TXO.OOU 399.262.000 490.560.000
640ASS.CIOO 861,035.000 733,304.000 523.621.000 751.515.000
Total.......... 8.814,800,000
2412,853,000 S.SS4,907,000

S0.572.00© Oat***........ .
44.004.000
m jm .o m

;

I
I

WtwsoMia.,..,
Mic&ixmn **•*,■**
iflcrs*.
....

ftete.

Pm duetkm .
mm.

18&3.

©
**
«

E& m tuckf
P m m fttm im * *

1802

Indicated
P rod u ct.
mm

Pm -

l drntfon,

P rod u ct,

I

Illinois........
Kaojm ... ......
MtUKKtrl........
S«MMkA.......
2O d U U i * . 4.
Ohio........
T«xa»_...........
T «o n « * «e ___

Bushels.
243/m .m x)
m .t e n .c m

Production,

|Indicated j
I

C a l i f o r n i a ......... ..

This reveals one other feature, and that is that in some

619

23 m
t /m

81.373.009 m .m i .f m
*8.541,000
23,177,06©
w $ m M ® XehrMiu......... ss.fm .& m m . m j m
m .m j m o

.27,347S M North M o t s , 1S S S U M 12.510,004)
S».2I8,0<» B attik Dakota*.
13,472.000
Tm m .
l&HNMW i s j n s r n
T@W, .......
Total,....... .m i m m * SH M f.QW i
Alt « k e t * ..... *45410,000
All others...... . UO.47U.OW" 80.7S9.000
T«t»i i:. * .... h z u a jm .coo i ,0* 4404.1** Total V . *.. . 94i% 4 m .m

Thus, owing to the larger acreage in corn, the yield
for 1893 promises to coine very close to that for 1892,
notwithstanding the lower reported condition; we figure
the yield 1,583 million bushels. Of course this is only
a rough approximation; if realized it will compare with
1,628 million bushels for 1892 and with 2,060 million

The sum of these three crops for 1893 is 2,614 mil­
lion bushels; for 1892 the aggregate was. 2,805 million
bushels. Leaving out of consideration altogether, there­
fore, the matter of surplus supplies from previous
years, it is a fact that the present season's yield does
not fall far short of the last, which was considered a
moderately good one. We may summarize the situa­
tion in brief by saving that the wheat crop has been
short, but is supplemented by large available supplies;
that the corn crop is fair in size, and that the oats crop
is distinctly good. We have said nothing a3 to cotton,
because we prefer not to make any estimates based on
the Bureau figures, which la tte r in the past have b een
d ec id ed ly misleading.

620

THE

CHRONICLE.

RAILROAD GROSS EARNINGS FOR
SEPTEMBER.

Our September statement of gross earnings shows
somewhat better results than the August statement,
and yet indicates a heavy falling off in the revenues of
the railroad system of the country. In August the
loss compared with the corresponding month last year
•was $6,344,348, or 13 per cen t; now for September the
loss is $4,971,503, or 9-77 per cent. The World’s Fair
■ was an even more important factor than in any of the
months preceding in swelling passenger receipts and
thus offsetting the loss in freight revenues resulting
from the depression in business. In view of that fact,
and the resumption of work (after the passage of the
silver repeal measure in the House of Representatives)
by a large number of concerns in various branches of
trade, it may be a disappointment that the improve­
ment should not have been more decided. But it must
be remembered that when a mill, a factory or a
furnace starts up the effect is not immediately re­
flected to the full extent in railroad earnings, for it is
only after the goods have been produced that the carrier
is called upon to transport them to market. Besides,
the returns became better as the month progressed.
If we take the roads which furnish weekly reports as a
criterion (and there is no other guide), this is made
plainly evident. Thus for the first week of September
the decrease on the roads reporting reached $1,118,606,
or 14-38 per cent; for the second week it reached
$900,395, or 11-40 per cent; for the third week, $848,546, or 10-37 per cent, and for the fourth week of the
month $1,154,433 or 10-69 per cent.
It is well to remember, too, that if the Fair has been
an aid tending to overcome the influence of business
depression, on the other hand there have been some
other agencies and conditions that have had precisely
the reverse effect—that is, have tended to increase and
accentuate the losses resulting from the disturbed con­
dition of trade. For instance, there has been a further
contraction in the cotton movement—a circumstance
which has played an important part in diminishing the
earnings of Southern roads. The general trade situa­
tion can be considered responsible for this contraction
only so far as it has operated to depress the price of the
staple and induced planters to withhold their
supplies from market. Very few persons appreciate
how great the contraction in the cotton movement has
been during the last two years. Taking the receipts at
the Southern outports as a basis, it is found that while
there has been more or less irregularity in the totals of
the different ports, in the aggregate of all the ports the
receipts were only 370,263 bales in September, 1893,
against 401,941 bales in September, 1892, and 670,849
bales in September, 1891. Nor can the loss in the
wheat movement at the West be said to follow in any
greater degree from the depression in trade—it must be
referred, in part at least, to other causes. Then there
were also some special drawbacks the present year.
Among these may be mentioned the heavy floods on the
Hew Mexico, the Atlantic & Pacific and the G-ulf Color­
ado & Santa Fe divisions of the Atchison, which shut off
traffic for four days and materially reduced earnings in
that period. Again, the holding of the World’s Fair
seems to have restricted ordinary local travel to a cer­
tain extent, and in two ways : (1) because of a disposi­
tion to economize in order to meet the cost and out­
lays connected with a visit to the Fair and (2) because
a number of local events were this year abandoned

[V o l . L V II.

owing to the superior attractions offered by the Fair.
In illustration of this latter statement, we may men­
tion that the Illinois State Fair at Peoria, which
has been a regular feature for a number of years,
was this year omitted, and the los3 in earnings for the
fourth week of thb month by the Toledo Peoria &
Western is ascribed wholly to that fact. It deserves to
be noted, too, that the Grand Army Encampment at
Washington last year added greatly to the receipts of a
number of roads at that time ; on such roads a falling
off in freight revenues the present year has been sup­
plemented by a falling off in passenger revenues, ex­
cept of course in those cases where travel to the Fair
has counterbalanced the loss. It is important to recall
likewise that the Western wheat movement a year ago
was of extraordinary dimensions, though, as we shall
presently see, the decrease the present year in that
item of the grain movement was in part overcome by
an increase in some of the other cereals. Notwith­
standing the very heavy grain receipts last year, our
statement of earnings at that time (taking the roads
collectively) showed only very moderate improvement.
The following table furnishes a summary of the Sep­
tember results for a series of years past.
Id ilea g e.

S ep tem b er.

1889 (114 roads)........
1890 (151 roads)........
1891 (140 roads)........
1892 (139 roads)........
1893 (131 roads)........
J a n . 1 t o . S ept.

Y ear
G iv e n .

Y ear
P r e c e d in g .

M iles.

M iles.

79,051
89,793
87,754
92,010
ee,689

70,653
87,325
85,537
91,154
94,249

77,953

75,638
85,391
85,116
89,516
93.619

30.

1889 (135 roads)........
IS90 (142 roads)........
1891 (138 roads).......
1892 (135 roads).......
1893 (128 roads).......

87,803
87,533
90,972
96.109

E a r n in g s .
Y ear
G iv en .

$
37,139,221
43,381,520
45,204,501
50,271,964
45,872,879

Y ear
P r e c e d in g

*

I n c r ea se .
o r D ec r e a s e .

33,680,203 I n c .
40,407,531 I n c .
41,472,704 I n c .
48,851.206 I n c .
50,844,381 D e c .

$
3,459,018
2,973,989
3,731,800
1,417,758
4,971,502

2S2,369,252 261,307,525 I n c ,21,061,727
330,459,314 305,450,003 I n c . 31,009,311
343,7S8,212 324,303,771 I n c . 19,484,441
377,109.633 354.218,021 I n c .22,891,609
387,067.095 389,397,333 D ec. 2,330,238

In any analysis the factors above enumerated must
be given a place. But after all has been said that can
be said on those points, the fact remains that business
depression and the unsettled state of monetary and
financial affairs have been the influences of paramount
and controlling importance. As evidence of the wide­
spread nature and all-pervading character of this influ­
ence, we have only to note how very few roads have
escaped a falling off in earnings during the month, and
the magnitude and extent of the losses in the case of
most of the leading roads. Our compilation for the
month comprises altogether 131 roads, and out of these
only 26 are able to report an increase in large or
small amount, even with the aid of the Fair ; the other
105 all show reduced earnings, and very many of them
in exceedingly heavy amounts. As in August, the
Northern Pacific leads with a decrease of $S11,319, the
Missouri Pacific stands second with a loss of $763,760,
the Atchison third with a loss of $676,670. The two
roads last mentioned represent conditions in the South­
west; the road first mentioned, the situation in the North
Pacific coast section. Then we have the Louisville &
Nashville in the South with a decrease of $408,470, and
various roads in other sections—the St. Paul with a
decrease of $333,534, the Denver & Rio Grande $255,500, the Cleveland Cincinnati Chicago & St. Louis
$158,970, the International & Great Northern $137,022,
the East Tennessee Virginia & Georgia $128,819,
the Norfolk & Western $124,796, the Wabash $109,329,
the Mexican National $104,362, the Missouri Kansas &
Texas $102,498, &e., &c. Perhaps the best idea of the
unfavorable nature of the”exhibit for the month is fur­
nished by the following formidable list of large losses,
the table comprising all such losses in excess of $30,000.

THE

October 14, 1893.]

C H R O N IC L E .

621

T h e g a in s in ex cess o f th a t a m o u n t are also sh o w n . year th a n m ig h t h a v e b ee n e x p e c te d , th is a g g r e g a te f o r
T h e co n tra st b etw een th e tw o sets ia s tr ik in g a n d n o te ­ th e fo u r w e ek s o f 1893 b e in g 5 5 ,2 7 3 ,1 7 ? b u sh els a g a in st
6 1 ,7 0 S ,7 3 8 b u sh e ls la s t y ea r. T h e fo llo w in g g iv e s fu ll
w o rth y .
d
e ta ils o f th e g r a in m o v e m e n t in o a r u su a l fo rm .
PKISC1PAI. CU.Os'UE* IX G R O S S KARSI.WS IS S E P T E M B E R .
In crea se*.
TOinois Central.............. $3(53,2(13
2 5 5 ,* 2 1
Chit-. A Grand Trunk___
L. New XIU A C hic.......
50.856
Pitts. A Western (3 rds).

43.S76

Che*. A Ohio...................

Gd. Rap. « tnd, (1 rds.)
M exican Central..........

Rio Grande W estern...
Kan. C. Ft; 8. A Mem..

$89,331
87.217
80.1*3
75,300
70.959
68,134
66,338
6 5,131
53,210
50,155
18.958
46,100
•14,520
44,437

st. Paul A D uluth.........
T o], St. L. A K. C...........
Total (representing S
roads)........................ $713,621 St. Louis Southwestern
Chk-. it. 1, A P a c in o ....
D ecrease*.
Wort-hern Pacific.......... $811,319 Ohio A M ississip p i----Missouri PaniUe............
763.760 Dui. So. Shore A A llan.
A toil. T. A a. Fe. ( i rds. > 876,670 West N. Y. A. Penn......
K'S.tTO Mobile A O hio...............
Louisville A- Nashville.
D enver A KIo G rande..
255.? CO Memphis A Charleston.
233.534 St. Jos. A Or. is la n d ...
Clile. Mil. & St. P a u l...
40,070
Clev. Cta. Ch. A St. t .
15,*,970 R io Grande S outhern..
39,918
137,022 Ohio P. A st Louts.......
list. A H i. N orthern—
38,895
K. Term. V.i. A l i a .......
128,819 T exas A Pacific..............
37,529
N orfolk A W estern.......
121.796 I Lake Kirfe A W estern..
37,202
Wabash............................
109,329 j Great Northern (3 rds )
30.973
i •i *.2 :r Loutsv. E vaosv.A St. IC IB .X .O .A T P. (5 rds.)
31.667
M exican N a tio n a l.......
104,362 ' .Minn. St. r . A 8 .8 . Mar.
10 2
Mo. Kan. A. Terra*.......
Total (representin g 43
Chio. A Gi. Western . . .
97,611
toads}...... ..............$5: ,501,394
Nash. Ch. A St. L ouis...
91,587

I t,821

, Ids

RECEIPTS OF FLOUR AND GRAIN FOR FOUR WEEKS ENDING SEPT. 3&
AND SINCE JANUARY 1.
F lour,
ibblt.)

W heat,
(bush.)

* wfcs. Sept., 1898 tw.m 8.470.708
0.013.374
4 trlta. Sept., 1892
Since Jan. 1, 1893 8,50*1,507
Since Jan. 1,1092
31,009,033
Milwaukee—
121,983: 1.426.930
I wks. Sept., m n
1 wfe*. Sept., 1892
118.455 1.520,920
1,218,10..;
Since Jan. 1. m
3,005 240 10,170,--"
Since Jan.

132.94*
4,171,030

8,425.582

St. Louis—

Cam,

(busn.)

(8 &

13,390.992 10.908,878

T o led o i wk*. Sept., 1893
■l wk*. Sept.. 1893

Since Jan. 1. 1 Spa
Since Jan. I, l&w

Detroit

10.5*55
9.ICO

1.058,300

4.714,9*0
8.115.070
17,816,158

818,195

10.050.9:18 0.192,017 .
02,285,154 60.636,539
1.116,517
50,970,7" ‘
193,050 8,284,201 2,838,977
87.750

0.U9.322

935.000 1,323.200

92,760 580.000 • 1.150,090
741.000 5.750.444 4.360.300
1,070,370 4,357,600] 4.738.26;i

■90,0*7 2.277.1,35 1,0.96,895 MS.sao!
i wka. Sept.,
I irk*. Sept..
998,460 779,188
Since Jan, l,
>5.138.305
1
Since Jan, 1,1892 i,5 l| iis 20,750,502 24,02$,1.72 7,180,KM

13«,«08

(MuS>J

:.■ **'.«**
I
511,500
47,10*
sjS&Ssi soevl '1
5.473.742
MS.*#5

142,274

mms

105,7m

5.301
19,200

14.005]
19l.<>4<*
1,350
I wk*. Sept.. 1892
60,091
MJ»li 1,058,281 128.121 W3.035
I t was sta te d fa r th e r above th a t o u t o f th e w h o le 131 Since
Jan. 1. Ir-M
118.016 5,027,11* 1,523.6 li 1.730.71* 336.120
Since J an. 1.
123.175; 5.501,030 772,907 1,441,139 SS3.123
Toads w h ich h av e c o n tr ib u ted retu rn s to o a r sta te m e n t (Jltmlfind—
* wks. Sept.. 1893
131,428
21.718
2S.S19
13.015
167,640
1.849
wks. Sept., 1892
17-.S10
33.25*:
o n ly 26 sh ow ed g a in s o f a n y a m o u n t, la r g e or sm a ll. 4Since
51.832 203.869
13.979
Jan.!, IS1«
200.67
f
1.345.135
400,095 1,87S.017 379,920
255.095 1,55*3,051 4*22.210 1,8)2,796 257,315
Jan, 1.1892
I t w ill be seen from th e fo r e g o in g th a t in th e ca se o f Since
Peoria—
wks. Sept., 1803
117,400]
010.750 1,812300
51,880
o n ly 6 o f th ese 2 6 roads d o es th e in crease reach 1 3 0 ,0 0 0 41 wks.
Sept , l«»2
asu
oo 691.400
1.339.150
Jan. 1. 1*93
$07,650 e.tei.GOH.f,-1,800
or over. T h e Illin o is C en tra l a g a in lea d s, w ith an Since
Since Jail i , v m
m a r s 1,101,900! !S.461.|»0J0430,;»'7
th in crea se o f $ 3 6 3 ,2 6 5 , th e C h ic a g o & G ran d T r a n k (th e I D# u lu-■•?!..
ISC 802,089 1,98048
4
wks.
sept.,
itm
5u.no
C h ica g o lin e o f th e G ran d T r u n k o f C an ad a) h as # 2 5 5 ,- Since Jml 1,18031
116,386
M.........
8U** 1 8 E 8 ?
SiaceJaa. l.lSPg 2.997,535 23,887,90«
8 2 4 in crea se, th e L o u isv ille N e w A lb a n y & C h icago MinnmpoUe—
5,580,540
# 5 0 ,6 5 6 in crea se an d th e P ittsb u r g & W estern $ 4 3 ,- twits, sept..
5,431.100
Jan. 1.1803
37.005,035
8 76 in crease. U f co u rse in th e se in sta n c e s th e g a in s Since
Since Jan. J, 1 594
44,.^8.017
Total o f all—
h a r e fo llo w ed d ire ctly from th e ex tr a p assen ger traffic i wks.
Sent, \m\
ru ssxst
318.831
sept. 1892 1.S-8.0J1? 8 & 8 & M
.
1,630,263
d er iv ed from th e F a ir — e x c e p t in th e case o f th e P itts ­ 4fawk*.
c e Jan. i,
® M < u w uf>.»ss.:st;o 102 .320.477
»
b u r g & W estern , w h ere th e in crea se fo llo w s fro m th e
fa c t th a t th e B a ltim o re & O h io is s e n d in g its th ro u g h
traffic over th a t lin e. T h e road 3, to o , w h ic h h av e
T h e losses in w h ea t o ccu rred in b o th th e w in te r
sm a ll g a in s ow e th e ir fa v o ra b le p o sitio n c h ie fly or e n ­
tir e ly to th e sam e ca u se, th o u g h th ere are a few e x c e p ­ w h eat and th e sp r in g -w h e a t se c tio n s, b u t c h ie fly iu th e
tio n s, lik e th e L e h ig h & H u d so n an d th e P ittsb u r g form er ; a t S t. L o u is th e re ceip ts w ere o n ly 2 ,2 7 7 ,1 3 5
S h e n a n g o & L a k e E r ie . M ore th a n th a t, ev en th e b u sh els a g a in st 4 ,3 0 5 ,6 0 0 b u sh e ls, an d a t T o le d o o n ly
road s re p o rtin g lo sses in ea r n in g s h a v e, m a n y o f 1 ,9 5 8 ,3 0 0 b u sh els a g a in st 4 ,7 1 4 ,9 4 9 b u sh els. T h e g a in
th e m , d eriv ed im p o r ta n t a d v a n ta g es from th e in corn in u red c h ie fly to th e a d v a n ta g e o f C h ica g o a n d
F a ir ,
e x c e p t for
w h ich cir c u m sta n c e
th e ir S t. L o u is, an d th e g a in in o ats to th e a d v a n ta g e c h ie fly
lo sses w o u ld be s till h ea v ier. It is p o ssib le o n ly in o f C h ica g o and P eo r ia . In th e fo llo w in g w e sh o w th e
a few in sta n ces to sta te th e p a ssen g er e a rn in g s se p ­ receip ts a t C h ica g o for th e e v e n m o n th , th e ta b le a lso
a r a te ly , th e m o n th ly a n d w e ek ly re tu r n s n o t g iv in g th e in c lu d in g th e receip ts o f liv e h o g s an d p ro v isio n s a t th e
n ecessa ry d e t a il. W e m a y n o te h o w ev er th a t th e sam e p o in t.
RECr.ttTS AT CHICAGO Dt'lUXO SECTFI! EEII AND SINCE JANUARY 1.
E v a n s v ille & T erre H a u te rep orts p a ssen g e r rev en u es
fo r th e m o n th in 1893 o f 1 6 4 ,8 0 9 a g a in st o n ly $ 2 9 ,7 4 0
Srvlrm btr.
Since J a n u a ry i.
in 1 8 9 2 , th e C levelan d C in c in n a ti C h ica g o & S t. L o u is
1803, | 1992.
1891.
i m | 1892. • 1691.
# 4 9 6 ,0 2 7 a g a in st # 4 3 8 ,8 9 5 , th e G ran d T r u n k o f C anada tVb**t.bn»h.
9,945,781 8,454,040 20,330.517 30,406,18$ 27,109,305
Corn...()0»b. 14.844.591 10,580,747 10 ,<589,838 02.285,103 50.639,500) 57.876,031
# 8 0 3 ,3 8 0 a g a in st # 6 7 4 ,7 4 1 an d th e C h ica g o & G ran d 0«U..t)B»tl.
lt'68*,9)9 9.735,949 7,301,764 CO,630,743 58,979,091 j 44,697,662
T r u n k $ 4 0 7 ,2 3 3 a g a in st $ 1 0 6 ,2 2 5 . In th e clo sin g Hr*. - .bush. 151,208 519 M b 2.013,205 1,216.477• 2,372,208 6.415.907
$50,878 1,011,660 u m , m
0,419,2x1 8,575,812! 6.110,267
w e ek o f th e m o n th th e la st m e n tio n e d road had Barlsr.btub.
Total grain 20M LH70 32.493.4*22 30.834.700 15S.988.H1 150,978.418 112,269,29*
p a ssen g e r e a rn in g s o f $ 1 2 0 ,8 3 0 a g a in st o n ly $26 ,16 1 in Vloor.. bbl*. 430,75$ 412,102 878,951 3,489,811 4,171,279j 2,860,343*
Pork....bbI*.
§57
2,309
4.8X5:
10,3111:
9.271
um
th e co rresp o n d in g p erio d in 1 89 2— th a t is, as a r e su lt Cm
m't*.!b, 9tm , m 10.812,242 13,150,377 83.280.91S 111,401,212 154.077.61?
0»r«.....lb*.
4,119,05*
2.9*0.370 3,851.52$ (19,069.090 57,802.156: 58,287,853
o f th e F a ir p a ssen g er rev en u es th is y e a r w ere over
| V:
»,?«8,tf.1 6.855.9S7. 5,838.670
508.708
u * ,m
61&8TL
fo u r a n d a -h a lf tim es w h a t th e y w ere la st year.
W h ile th e w h ea t re ceip ts a t C h ic a g o , it w ill be se e n ,
R e g a rd in g th e g ra in m o v e m en t, th e r e w a s, as alread y
sta te d , a h ea v y c o n tr a ctio n in th e re ceip ts o f w h e a t, b u t w ore o n ly 3 ,6 2 1 ,7 8 0 b u sh els a g a in st 9,945,7:21 b u sh els
an in crea se in th e r e ceip ts o f so m e o f th e o th e r cereals. in 1 89 2, a g g r e g a te g ra in re ceip ts o f a ll k in d s a t th a t
F o r th e fo u r w eek s e n d in g S ep te m b er 3 0 th e a g g reg a te p o in t ca m e w ith in tw o m illio n b u sh els o f th e h ea v y
a m o u n t o f w h ea t receiv ed a t th e W estern p rim a ry m ar­ total o f la st y ea r; th e figu res are 3 0 ,5 6 1 ,3 7 6 b u sh e ls
k ets w as o n ly 2 1 J m illio n b u sh els th e p r e se n t year a g a in st 3 2 ,4 9 3 ,4 2 2 b u sh els; in S ep te m b er, 1 8 9 1 , th e
a g a in st over 3 2 | m illio n b u sh e ls in th e co rresp o n d in g receip ts w ere 3 0 ,8 3 4 ,7 9 0 b u sh els, in 1890 b u t 1 8 ,3 5 8 ,2 7 0
p eriod la st y e a r ; th ere w as a lso a loss in b arley and b u sh els. T h e d iffere n t item s o f th e p ro v isio n s a n d h o g
rye : on th e o th er h a n d , in co rn th e r e w as a g a in of 3 J m o v e m en t p r e tty g e n e r a lly sh ow a fa llin g off fro m la st
m illio n b u sh els an d in o ats a g a in o f 2 } m illio n year. A s b ea rin g u p o n th e rev en u es o f N o r th w est­
b u sh els. I t is b eca u se o f th e in crea se in th e se tw o ern roads, it sh o u ld fu rth er m o re be borne in m in d
la tte r cerea ls th a t th e a g g r e g a te o f a ll g r a in re ceip ts th a t th ere m u st h a v e b e e n a h ea v y c o n tr a ctio n in t h e
co m e 3 closer to th e e x c e p tio n a lly h ea v y total o f la st 1 iron ore traffic from th e L ak e S u p erior m in es.
I n k s . Sept- 1893

1.182.002

622

THE

CHRONICLE.

In speaking of the cotton movement in the South
further above, we stated that at the outports the receipts
for the month this year had been only 370,262 bales
against 401,941 bales last year and 670,849 bales the
year before. There was also a falling off in the over­
land movement, the gross shipments overland in 1893
having been 23,961 bales against 32,257 bales in 1892
and 48,559 bales in 1891. It should not escape notice,
however, that there was some irregularity in the port
movement, that at three or four of the ports the
receipts this year were larger than those of last year.
New Orleans is the point which has been chiefly dis­
tinguished in that way, its receipts the present year
having been 76,772 bales against 52,357 bales last year;
in September, 1891, however, New Orleans had received
as much as 179,721 bales. In the increase over last
year practically all the leading roads to New Orleans
have participated, namely the Illinois Central, the
Morgan road, the Texas & Pacific and the New Orleans
& Northeastern.
RECEIPTS OF COTTON AT SOUTHERN FORTS IN SEPTEMBER AND FROM
J A N U A R Y 1 TO S E P T E M B E R 3 0 , IN 1 8 9 3 , 1 8 9 2 AND 1 8 9 1 .
S ep tem b er.

Ports.
1893.

1.

1892.

1891.

1893.

133,456
4,093
52,357
16,573

179,237
338
179,721
39,747

14,940
7
13,973
3,161

109,770
8,948
39,171
2
13,395
13
15,241
8,922

150,908
0,723
55,205
5
19,074
28
23,609
16,196

334,498 434,848
24,212
29,027
682,687 1,017.927
60,982
91,377
6,854
7,453
296,053 357,811
13,879
60,483
76,985 126.251
103
3,166
40,553
37,235
184
3,454
118,332 170,151
46,011 147,542

370,262

401,941

070,849 1,099,614 2,489.444 2,971,878

Galveston.............bales.
El Paso, &c.................
New Orleans..................
Mobile............................

98,531
1.158
70,772
21,730
310
111.889
1,172
20,283

Savannah.......................
Brunswick, &C.............
Charleston.....................
Wilmington...................
Washington, &c..........
Norfolk.... ..................
West Point, &e............
Total........ .............

S in c e J a n u a r y

1892.

1891.
460,218
12,553
989,892
135,960
19,052
510,603
63,281
234,525
5,083
63,925
801
265,872
209,805

In view of the smaller cotton movement, it is per­
haps not surprising that Southern and Southwestern
roads should on the whole make the poorest exhibits of
any. There are only two roads in the South among
those from which we have returns that do not report' a
decrease but an increase, namely the Ohio River and
the West Virginia Central & Pittsburg, and these can
hardly be called distinctively Southern roads. All the
leading lines, like the Louisville & Nashville, the East
Tennessee, the Chesapeake & Ohio, the Norfolk &
Western, &c., have sustained heavy losses. The fol­
lowing furnishes a comparison for six years of the earn­
ings of some of the principal roads. The aggregate of
these roads, it will be noticed, is only $4,943,898 for
1893, against $6,026,365 for September, 1892, the
loss thus being $1,082,467, or 17'97 per cent.
EARNINGS OF SOUTHERN GROUP.
S ep tem b er.

1893.

1892.

1891.

1890.

1889.

1888.

*
$
$
$
*
*
851,474
940,805
Chesapeake &Ohio
898,009 +714,256
581,267
445,728
595,436
704,053
Cin.N.O.&T.P.Sy..
765,996
778,646
700,062
571,612
E. Tenu.Va.Afe G a ..
439,738
568,557
624,975
660,854
577,021
406,628
Kan. C.Mem.&Bir. a 80,154 a 94,950
100,162
102,143
88,991
64,343
Louisv. & Nashv .. 1,408,655 1,907,125 1,823,100 1,665,729 1,615,419 1,394,834
Memphis & Char..
87,763
132,200
128,988
102,450
138,725
104,091
Mobile & Ohio......
228,221
272,741
277,075
281,539
239,101
181,779
Nash.Chatt.&St.L.
353,540
448,127
479,955
350,067
300,210
271,179
Norfolk & W est’n.
717,017
841,813
820,776
802,493
648,675
579,103
South C arolina....
91,900
1L5,38S
150,876
162,332
131,835
100,688
T otal................ 4.943,898 6,020,365 0,070,513 5,680,509 5,027,356 4,180,155
a P igures here for 1893 and 1892 are simply the totals o f the earnings fo r the
fou r weeks o f the month as reported in the weekly returns; the m onth’s earnin^a usually exceed the weekly estimates quite considerably.
+ Does not include the Elizabethtown Lexington & Big Sandv road in this and
preceding years.

In the Southwest there are only two small roads
which form an exception to the general decrease.
The roads comprised in the following show $7,200,888
earnings for 1893 against $8,589,346 for 1892, the de­
crease being $1,388,458, or 16 ’16 per cent.

[V ol. LVI1.

EARNINGS OF SOUTHWESTERN GROUP.
S ep tem b er.

1893.

1892.

1891.

1890.

1889.

t

$

*

»

*

A. T. & S. F. >
Col. M id.. >
St-L.AS.F...
Den.&RloGr.
Int. & Gt. No.
K.C.F.S.&M.,
Mo. K. & Tex.
St. Jos &Gr.I.
8t. L . Sou’w.
Texas & Pac.

C3,429,359
170,234
839,399
807,098
430,881
430,901
1,039,753
94,046
447,131
660,116

\

915,833
813,700
464,074
0404,994
998,096
135,436
422,700
615,365

735,625
558.200
327,052
0334,035
895,598
93,612
357,600
570,480

3,137,549
168,144
770,612
836,079
399,074
421,489
862,392
91,358
386,639
688,686

2,691,550
136,292
090,400
754,543
399,074
412,152
719,161
110,601
388,583
581,591

1888.

*
2,543,072
122,378
721,272
377,043
597,726
124,880
296,288
526,490

Total...........

7,200,888 8,589,340 8,355.518 7,702,024 6,883,947
Figures here fo r 1893 and 1892 are simply the totals o f the earnings for the
four weeks o f the month as reported in the weekly returns; the m onth’s
earnings usually exceed the weekly estimates quite considerably.
a

Among the Pacific road3 the loss of $811,319 by the
Northern Pacific stands, ef course, pre-eminent. The
loss is due in paid to the general business depression and
in part to the stoppage of silver mining in Montana. It
is noteworthy that the Canadian Pacific, which is out­
side of the country, reports a small increase for the
month.
EARNINGS OF PACIFIC ROADS.
S ep tem b er.

Canadian Pacific..
♦North’n Pacific. )
Wis. Cent, lines $
Rio Grande W est..
T otal..............

1893.

1892.

$

I

| 1891.

| 1890.

*

1889.

$

1888.

$
$
1,574,407 1,130,947
2,125,291 1,711,275
429,768
391,422
143,588
126.625

1,885,000 1,875,031 1.835.659 1,607,715
2,718,888 2,509.222
492,389
508,170
255,400
250,8361 188,248
180,100

2,335,354 3146,673 j i

4.400.454 5.277.104 5.297.772! 4,812.355 4.273.054 3.360.269

* Includes Wisconsin Central to September 20, inclusive, for both years.

As compared with the heavy falling o£E in the
groups already meutioned, Northwestern roads have
done quite well. While losses are general, the aggre­
gate decrease is smaller. Thus the roads given below
show a loss of only $594,174, or 6‘49 per cent.
EARNINGS OF NORTHWESTERN LINES.

1892.

1893.

S ep tem b er.

$
434,797
447,431

Burl. Ced.R.& N o.f
Chic. & Gt. W est..
Chic. Mil. & St. P. )
Milwaukee&No 5
Chic. R. I. & P a c.. 2,118,589
Duluth S. S. & A tl • 171,303
Gr. Northern Sys.. 1,613,443
181,478
Iowa Central........
162,961
Minn. & St. Louis..
246,88G
M. St. P. & S. S. M.
160,684
8t. Paul & Duluth.
T otal................

1891.

1890.

1889.

1888 .

$
*
*
*
*
437,400
428,874
302,889
293,909
280,433
515,075
527,472
407,444
376,828
251,200
S 3109374 3,093,009 2,714,628 2,550,195 2,478,167
l 147,710
171,898
155,850
119,764
100,493
2,170,799 1,847,489 1,722,246 1,740,345 1,546,307
177,360
220,261
238,380
239,554
199,911
1,650,735 1,506,859 1,311,453 1,115,115
848,131
181,452
172,932
144,823
189,708
126,681
176,304
200,760
i52,820
145,048
128,957
275,992
174,814
117,341
278,753
176,258
229,118
182,777
139,066
170,784
164,000

8,561,123 9,155,297 8,713,557 7,580,074 7,004,818 6,225,854

+ Fourth week not reported figures taken same as last year.

It is the trunk lines, however, and the Middle and
Middle Western roads that make the best exhibits,
these roads having gained so largely in passenger reve­
nues by reason of the Pair. The New York Central re­
ports slightly larger earnings than a year ago; the fig­
ures in 1893 include the new Adirondack acquisitions,
but doubtless the good showing is mainly owing to the
heavy passenger movement to the Fair. On the roads
included in the following, aggregate earnings this year
were almost as large as last year.
EARNINGS OF TRUNK LINES.
S ep tem b er.

1893.

1892.

1891.

1890.

1889.

1888.

$
226,976
1,238,877
1,741,255
534,544
99,788
4,221,704
360,174
1,296,813

*
248,805
1,397,847
1,700,930
278,720
107,977
4,212,115
410,629
1,406,142

$
237,736
1,305,134
1,707,452
280,897
105,309
4,128,065
408,008
1,350,142

8
221,541
1,252,830
1,739,525
296,732
101,567
3,592,880
392,386
1,193,632

*
199,960
1,157,126
1,795,605
301,669
104,682
3,725,120
396,694
1,225,813

$
190,773
1,146,585
1,727,019
234,249
99,772
3,690,229
396,602
1,199,187

9,720,131
Total........
+ For four weeks.

P.7S3.105

9,528,733

8,791,093

8,906,658

8,690,410

B . & O. S’W
C.C.C.&StL
G .T .of Can!
Ch.&G.T. +
D.G.H&M+
N .Y .C . & 11.

Ohio & Miss.
W abash__

The other roads in.the Middle and Middle Western
States make collectively a no less satisfactory comparison •
with last year. This will be evident from the following,
showing a somewhat larger total for 1893 than for 1892,
though the heavy gain of the Illinois Central has been
a very prominent factor in producing this result.

THE CHRONICLE.

October 14, 1S93.J
B U I S I S O S O f U l li b t .S

Sypmnber.

1S&3.
«

VXD M ID D L E

1892.
4

L891.

w esters

ro ads.

1890.

1880.

623
G r o ts E a r n in g s .

1SSS.

t
*
$
*
153,467
23:7,250 207321
168.963
242,332 210,750
341,839 500,103
148,770
118,735
130.010
173,592
348,323 315,159 213, U 3 290,326
109,117
122,072
102,204
118,519
105,229
85.604
76,90288,721
182,£01
245,156 KK.131
189.122
289,728 28*,261
247,835 248,445
1,663.766 1,552,921 1,107,839 1,157,630
263,137
225,015
295,89-8 281,437
137,878
108,587
140,758
196,059
240,003
291,828
234.895
163,783
389,961
282,706
245,465
171,780; 183,592
198,224
228,0«
131,264.1 110,085!
87,379
135,152
145,413
127.424
166,105
109,019
93,293
03,06*
93.1*0
62,917
187,7*9
130.135
107,297
30L499
342,872
310.973 3*0,541
ISDJMO 103,781
7U.P31
75,449

fr a m e o f R o a d .

1803.

1392.

M ile a g e .

In crea se o r
, D e c r e a s e . 1393.

1892.

S
S
s
mZ'Sm
Bair. Roeh.APitt
M lun.StP .& S .S teM .
278,753
3*05886
—31,167 1,070
902
403,186
Chicago k East. III.
Mo. Kans. A T ex.sys..
998,096
895,598
—103,498 1,945 1,672
Chic. & Wes* Mich a 177,011 a 106,430
Mo. Pae. A Iron l i t . . 1,999,366 2,763,126 —763,760 5,372 5,372
CoL Hock. V.&T 0I . 310,301
322,581
Mobile <fe O h io.. . . —
2J3.2J1
272,711
637
—14,320
687
-1-18,127
Nashv. ch at. & St. L.
353,540
Bel. leasing k Ko - a 100,132 a H i ,122
—94,33?
885
810
N.
Orleans
&
South’
n
7
.1
7
7
11,256
■- 3 ,4 7 9
65
65
118,797
m m t
WltBSaffJk Terr® H.
4,221,701
N.Y.Ceu.
a
Hud.
Rlv.
4,212.115
2,334
-r
9,589
2,096
23-1,120
200,410
Flint A P. Mait;....
N. V. A Northern.......
54,827
51,065
+3,762
61
61
210,027
208.174
Sr. Rap.ife la0. SjsN. Y. Out. A W e st... .
323,277
308,201
477
-420,070
477
tW m l& Central.... 2,120,OSS 1,762.823
Norfolk A W estern.,.
717,017
841,813 —124,790 1,556 1 , 3 4 9
318,210
sio.eso
I+ake Erie & W m t.
Northern Pacltleh___ 2,335,3a . 3,14” ,073 -8 1 1 ,3 1 9 5,216 5,240
Ohio A M ississippi...
360.174
•110.629
-5 0 ,4 5
630
636
u o ,e u
171,487
Lou.K?ai:sA St.L,
Ohio River..................
81,926
84,760
+ 166
215
215
3U.SS6
Louis. N.A.JtChlc.
m ,m
Padue. Team A A la..
10,026
17,138
-2 ,7 8 2
119
113
320,227
308,201
N. T. Out. A West.
13,6 o6
18.105
Tennessee Midland
—4,529
135
135
207,483
Flush1* k W m V n ,
251M l
Peo. Dee. A Evausv.
74,210
79,082
—4,852
254
254
139.070
St.L. A .A T . H ....
I W
Pitts. Marion A Chle.
*2,587
3,466
-8 7 9
25
25
105,508
Pittsb. Shea. A L. E .
43,073
Tol. A Ohio den?...
190.7U
52,43 1
+9,361
178
17S
Pitted. A Western___
142,955
122,008
+ 20.917
214
214
100,903
ToL Pe<>. k West-.
m .i m
Pittsb. Clev. A- Tol
75,826
60,112
+ 15,6+1
77
77
227,041
aOI.003
ToL St. L. k K . CPittsb. Pa & F a ir ..
61
32,580
+7.245
25,335
61
West. N. V, k Fa..
285,100 331,200
27,053
Quin. Omaha A K. C ..
26,595
—458
134
134
132,918 133,101
Wheel. A h . E ne..
26,502
66.578
180
ltlo Grande South’ ll.
-4 0 ,0 7 6
172
255,400
-7 5 ,3 0 0
180,100
514
514
5,837,01* S.3S6A78 * .? u .a » 1.27S.8SI8 Rio Grande Western.
Total............... 6,^1,967
03,61-2
St. Jos. A Gr. Island.
135.136
-4 1 ,8 2 4
445 . 44 5
a P u m a * tier® tor 1893 and 1888 are simply tl».: totals o f the earnings for the St. I. Ait. A T. H ........
126,330
139.070
—12,690
239
239
four weeks o f the tnontli as reported tu the weekly returns; the month's earn­ St. L. Ketutett A S o ..
1,871
2,325
20
—151
20
ings usually exceed the weekly estimates uuite considerably.
St. Louts Soutbwes'n.
357,597
—65,131 1,223 1,223
GROSS EARNINGS AND M ILE A G E IS SEPTEM BER.
229,118
St. Paul A Duluth—
160,884
-6 8 .4 3 4
248
248
36,918
Sav. Amer. A M ont..
-1 3 ,7 9 1
30,709
300
300
ttfle a g e
15,112
Sllverton...................
Groat Bamintft.
7,500
—7,612
20
20
136
South Bound..............
17.500
19,000
—1,500
136
Satncof Road.
n e rea te o r
Sonlti Carolina..........
91,900
115.388
-2 3 ,4 8 8
270
270
1993.
1892,
1993.
570.4SO
—38,885 1,497 1,497
D ecrease.
Texas A PaoiBe.........
610,305
-6 7 1
Tax. Sab.V.A North.
3,48-1,
4.155
38
38
TOL A Ohio CentraLa
190,724*
105,598
—4,874
316
316
#
a
*
90,084
100,903
—1,819
247
247
Ateh.T.A 8. PeSyt.*... 3,322,086 3,818,548 —498,402 7,481 7,481 ToL Peoria *k We^t’ u
451
161.803!
227,941
—66,338
451
733,625
St.L.&.S.Ftan.Sy* .
815,333 —180,208 1,864 1,804 Tol. St. L. A K City .
381
291 WaiKi.h........................ 1,296,313 1,408,142 —109,328 1,979 1,933
—2 i tS2y
226,976
248,805
Balt. A Ohio Som aw .
22
22 West. N. V. A Prim.
33 ’ ,200
-4 6 ,1 0 0
640
—1,911
3,372
640
1,72*
B lnn’ bam A Atlantia
101,360
19
18 W. Vl». I-Vnt. A Pitt.,
146,291
94,368
+6,991
155
128,533
-2 1 ,7 5 8
B rooklyn E le v a te d ..;
155
3211
294 Wheel. A Lake E rie..
133,491
2.55
+ 1,951
290,01 t
-3 2 3
255
Buff, Hot h. & P itts..
*32,969
292.582
1,134
1,083
-2 ,6 0 d
291,785
297,366
•Burl € «1 . R, * Nor.
Total <131 rood*!, . 45.872.870 3 0 .8 U .3 8 l -4,871 .502 :96,6 89:9 4,24 9
+9,969 6,015 5,767
1,898,000 1,875,031
Canadian Pacific___
55
55
—1.693
7,8 36,1*5
Om o Uua M idland—
( For four weeks ending Septem ber 30.
175
175
•
—4,166!
1*2,266
Char. O n . A Clue........
139
139
—2,000!
* For three weeks o f Septem ber in c a d i year.
1 lo o p
13,000!
Char. S t s i l r f A No
—89,331 1.315 1,209
840,605
851,171
Chesapeake. A O h io ..
i Iaeladi * C olorado Midland fo r both years.
4*0;
480
25 ,0*9’
403.186
426,5835
tid e. At East, Illinois.,;
g 22
a Includes T oledo Columbus A Cinsliinati in both years
022
—07.641
545,075
4 17,431
Chic. Great HV tern.
5Inr;lud,"i W isconsin ( M M wp to and Including Septem ber 26 lo r
3,023,551 3,2.573)8.'. -2 3 8 ,5 3 * ; 6,080! 0,086
Cldc. MU. .V St Paul
—39,8*8;
310!
I'Ji.HlV
360 bot h j ear*.
81,639
Chic. Poo.A St.Louts.
—62,210 3.710 3,450
2,116,589 2,170,799
Chic. R. 1*1. « Pats..
481
481
-1 9 .1 1 6
196,430
177.011
Chle. A West M ic h ,..:
GROSS EARNING # FROM JAN C A R Y 1 TO SEPTEM BER 30.
42
42
—394:
7.0*)l
8,807
O n . Georg. A P orts..
345
345
—7.4
13:
01
,9157,175
Cln. Jack. At Mach, ..
330
33d
307,01-5 5 ,4 8 9 :
1803.
1892.
M arne o f R o a d .
302,537'
In crea se, D ecrea se.
O n . N .O rl.A T ex. P
295
-3 0 .0 2 0
295
121,244
Aitt. lit. Southern...:
151,273
106
196
— 14.738
103,317
88,578
S
N.Orl. A Northeast.
143
143 Ateb. Ton. A 8. Fe 8y*.:. 20,030.343 28.695,154
-4 ,2 5 0
45,182
10,912
Ala. & Vlekaburg
141.194
—4,711
170
170
37,653
Vieks.Slircy.APac..
6,427,485
6,543.551
St. L. A S. Fran. 8y*..
116,066
8
+
218
!
,958
1,956,994
8 Balt. A *dun Southwest, i 1,930,046
O n . Northwestern ..
26.948
-5 .7 9 5
22,437
106
27,815.
106 Birmingham A A tlantic l
22,020
Clun.Portsm'tti A Vs.
30,703
8,266
19
19 Brooklyn E lev a ted .......
+ 158
1,386.7*2
1,181
Col. A May* v iile ...
1,323
1,884,479
194
194 Bull. Koch. A Pitteourg.
-1 8 ,8 5 9
76.002
92,361
Clev. Akron A C ol. .
2,570,549
216,081
2.360,463
2.761,422
Clev, Cln.Ch.ASt. 1. , 1,238,877 1.397,647 —158,S)70 1.850 1,050 •Burl. Ced. Ritp. A No
2,906,557
112,133
106
-8 ,4 3 1 '
106 Canadian Partite............: 15.081,091 15,814,002
23,839
OlevaPd A M arietta..;
232,111
31,289
327
-1 2 ,2 7 7
327 Carolina M idland..........
322,581
310,301
0-1. Hock. V:>!. * T o i
44.906
41,380
3,5 26
162
102 Charleston Cin. A Chle..
—5,621
101.721
60,091
05.715
Col, Shaw. A H ook...102,6661
1145
22
22 Char. Sumter A North'n;
— 1,332
2,600
Col a n 4 Lake .........
8,032
<•',230
101.237
109.473
-7,1147
82 fTlesaiH-ake A Ohio....... ‘ 7,546.311
7,091
82
Current R iver............
15.036
160,030
7,386.281
559.200
813,700 -5155.500 1.640 l,61d Chic. A Kast’n Illinois.
Deny, & E ioG ran d e.. :
287,988
3,300,301' 3.012,318
209
-1 2 .3 9 3
209 Chic. Great W estern...
20,460
32,793!
L et. Biiy City * All­
3,195,911
3,723,752
527,811
323
323 Chle. Milw. A St. P aul.. 21,235,113 24,551,366
— 14,000
100,122
114.122
o w . Laon’g A North
316,253
220,261
I 7 i.;« )3
889
589 Chic. Kork 1*1. A
Du:. So. Shore A At!.
49,0 704,317
14,457,971 13.068,651
E. r..nn V,i. A Ga
.
568,557 -1 2 8 ,8 1 9 1,265 1,253 Chic. A Wert Michigan
13 m.738
1,428,193
1,471,576
13,383
177
177 Cls, Georg. A Poriam’ th
+6,286,
52,025
82,090
JBletn Joliet * East
73,904
52,142
117
158 Cin, Jackson A M ack...
-4 .2 7 3
156
35.918;
Evansv. A Indiana;31.585
518,868
507.812
11,050
102 Cin, N O , A T«*:<* Par.
102
-2JJQ3:
6*318
*Kvaa*v A liichtn'd
# ,6 2 1:
3,130.11.13
2,957,937
178,996
165
1,251.959
165
116,797:
.Evans r. A T . H aute.. + 19,265
1,298,799
Ala. Great Southern.
43,810
-2 4 ,7 1 6 '
630
Fill) t A Pore M arti...
630
244,126
34,672
924.073
958.74.5
109,110
N O. A Northeastern.
146
146
2 t , 40 5
-1 3 .0 5 6
Fort Worth A R ioG .
'57,507
438,080
3*0,573
34,481
Alabama A Vteksburg. i
n
—185
1!
639
20,242
380,673
360,431
Gadsden A A l t t in ,.
Vlnksb. Shrew A P a .. ,
1.124!
307
307 Clnelnnatl Nnrthwrat'ri.
G eorgia......................
—23.161
130,562
15.102
107,121
15,343
241
285 Cum. Ports. A Virginia,
-*1,4 84:
285
191,538
200.813
37.000
Ga. Sooth. A Florida
03,484
9,308
432
432
-6 1 .4 6 8
1 1 ,1 2 4
Or. Rapids A Indiana.
100,262
251
10,873
Columbus AMayevUle;
227,730
Cin. Rich. A Ft. W ..
86
—14,922'
738,002
31.981
46,9061
730.916
1,146
Clove. Akron A C ol....... i
20
10,321,205 11,007.461
Traverse C ity.........
2,979
—2,321
3,2001
Clev. Cin. Chle. A St. L.
683,266
37 Cleveland A Marietta.
37
.Musk. Or. R. A I ml
3,318
—8,536
249,017
9,903
18,338
245,699
r-40,325 3,513 3,505 Col. floek. VM. A Toledo
Gr. T ra n k o f Canada »i 1,741,255 1,700,9 <0
2,483,516
2,462.438
21,078
19,172
335 Coldsa A Lakes............. . i
Chic. A Gr. T ru nkt.
335
3,430
22,602
334,541
278,720 + 235,82*
189 Current R iv er.................
L et. Gr.Hov.&MIl. P
118,040
99,768
32,201
107,977
148,211
—8,189'
189
Gt. No.—6. P. M. A M. 1.380.431 1.413,804
—33,377 3,704 3,027 Deny. A Ri<> Grande .
5,829,773
6,742,212
912,-139
72 Del. Bay City A Alpena.
149.770
Eastern o f M inn...:
272,254
72
62.490
324,744
+ 21.163
129,607
253 Det. Lansing A North'n.
897,292
83,242
M ontana C e n tra l..,
"+ 1 7 6
253
905,468
-2 9 .0 . s
111,320
62 Dui. So. Shore A AH___
G u lf A C hicago.........
59.51a
—273'
1.700,512
1.816,993
2,622
61
2.895
93
05
4,584,027
4,097,696
Hatneston A When ...
436,931
-2
9
1
14.291
14.000
East Term. Va. & Ga .. .
079,171
Illinois Central _____ ; 2,126,1-66 1.762,923 +363,285; 2,848 2,8.08 Elgin Joliet A East.......
60,100
019.074
152 Kvan-v. a Indianapolis.
38.007
152
Ind. Dec. A Western.:
' 6,789
53,02#
217,589
-1 5 ,0 2 1
284.378
825 Evan»v. A Terre Haute.
74,079
1,014,601
Intermit'! A Gt. No.
828
970,522
327,632
484,674 -1 3 7 ,0 2 2
'In terocean ic (M ei.i
319
2,123,512
519
+
20,304
119,419
19,081
90.115
2,142,598
Flint A Pert. Marquette.
252,463
191,478.
Iow a C en tra l............
1,842!
497
254,305
497 Ft Worth A R io Grande
-8,2901
189.764
20 Gadsden A A lalia Um.
7.431
Iron R ailway............
3,388
20
10,819
2,931
-6 0 0
3.531
951,019
142 G eorgia..................... .
Kanawha A M ich __
93,305
173
1,017,324
32.340
—4.190
28,159
589,199
40,800
163 Ga, South'll A F lorida..
21,063
Kan.C . C H n .A S p r..
163
—5,357
26,420
548,309
1,600,733
671 Gr. Rapid* A Indiana ..
H W .O ll
334.035
071
401,994
1,852,791
Kan. C. Ft. 8. A Mem.
-7 0 ,9 5 9
332,940
Kan. C. Mem. A B ir
Cin. Rich.A Ft.Wayne.
38,005
270
— 14,802
371,545
276
80,154
94.036
42,954
41,271
1,083
187
81
19,311:
Kan.City Pitt-.AOuir i
Traverse C ity..............
8,793
35
28,124
112,086
Kan, City Sub, B e lt,.
35
140,810
Mu*. Gr. R. A Ind.......
17.5 Id
22.875
64,989
285 Gr. Trunk o f C an a d a ... 14,614,921 14,579,935
•Kan.C.Wynn. A VW
23S
24,324
19,511
—5,813
3,055,012
148
110
2(31,045
2,700,997
Keokuk A Western. .
Chle. A Gr. Trunk.......
-2 .7 n 7
38,589:
41,386
830.225
60,929
897.153
61
Lake Erie All. A S o ..
61
6.164
Dot, Gr. H .& Mtlw....
-0 4 1
7.125
397,289
8,968,449
0,355,733
725
725 Great Nor, St. P. M.A M.
Luke Erie A Western,.: 310.690:
34-/219
—37,629
883,363
31.938
831,375
LehlyhA Hud. River.
90
90
Eastern o f Minnesota.
+ 8,379
46.115
54.4911
853,374
840,135
13,239
368
Louisv. Evan*. A St, Id
308
Moutana Central.. .
-3 0 ,9 7 3
171,587
140,014
2 5 ,5 9 7
20.484
2,887
Loutev. A N>,«hviil®.. j 1,498,653 1,907,123 —408,470 2,OSS 2 . 9 4 3 GUM A C hicago.......... .
' '7.67 3
96,809
104,482
Hume,ton A Shetland’ !!
537
537
Lonlsv.N.AUi.AChie.
311,836
303.402:
+ 50,68#
13,725,511 13,910,554 1,305,987
97
97 Illinois Central..............
Macon A Blrmlna’m
—689
5,512:
4.913
MnnisMooe . . . . .
69,487
382.378
312,791
44
44 Indiauap. P ec. A W est..
-3 0 9
260
0«5l
105,129
2,742,433
S t e p , A C ta r + s p n .'
330
—14,437
87,76.3
830 tnt. A Groat N orthern..; 2,8*7,562
132,200
193,760
1,301,751
1,555,511
Mexican CWitritl....... :
550,787
—80.183 1,817 1,847 ‘ toterow anln (M ex.1... j
630.970
7,018
1,368,930
1,375,948
Mexican N otional.,..:
325,360
429,742 —104.362 1,219 1,219 Towa C e n t r a l . ....... ......
"a,986
2 5 ,9 8 3
28,909
♦Mexican Hallway.
321 Iron Railw ay..................
321
173.887
+ 2 6 .136
146.901
‘15,740
203,451
270,194
17
Mineral Ranee.......
17 Kanawha A Michigan ..
—221
10.991
10,767
'i i j o o
235,095
240,804'
Mino. A St. Louts .
Kan, City Clin. & 3 p r,.
335
335
-1 3 ,3 1 3
170,304
162,961

it e i

II

V IM !

;t h e

624

c h r o n ic l e

[V o l . L V I I.

In c r ea s e. Decrease
p X a tte ta r s = ® 0 m m e * x ia I E n g lis h U r n s
£
if
9
166,815
13,602.167
Kansas C. Ft. 8. A Mem..
[From our own correspondent. ]
8,808
787.279
Kan. City Mem. & B ir..
83,050
42.173
Kan. City Puts. & Gulf.
86.767
93,525
L ond on , Saturday, September 30, 1893.
Kansas City Sub. Belt..
6,081
238,731
"Kan. City Wy. 6c N. W-.
5,839
294.322
The rate of discount in the open market for three months’
720
59,578
L. Erie Alliance & S o ...
bills has fallen to \% per cent. On account of the Stock E x ­
90,047
2,603,878
JLako Erie A Western...
97.034
337,968
Lehigh & Hudson River
change settlement and the close of the month there has been
1,069,257
266,288
Louisv. Evansv. & St. L.
405,010 a good demand for short loans within the last day or two, and
15.*33,819
Louisville & Nashville..
........ .
2,436,692
189.918
Eouisv. N. Alb. & Chic..
5.590 the rate for such loans has in consequence been from 2J^ to
54,461
Macon & Birmingham..
9,094 3 % per cent; but earlier in the week money was almost un............
79,830
33,160
1,040,235
Memphis A Charleston.
............
lendable, and it is expected to be very cheap next week when
5,720.389
109,089
77.599 the interest on the national debt is paid. The belief is very
3,255,936
2,213,033
43,253
* Mexican Railway........
11,314 general here now that no more gold will be withdrawn from
98.884
1,436,272
142,760
Minneapolis A St. Louis
the Bank of England for New York, and that consequently
..........
2,247.977
207,778
Minn. St. 1\ A S. Ste. M.
6,871.159
154,134
Missouri K. A Tex. sys..
the money market will be eary for the remainder of the year.
1,616,865
19,977,785
Mo. Pacific & Iron Mt..
61.574 Therefore there was a general expectation that on Thursday
2.415.947
235,360
3,808,877
Nashv.Chat.&St, Louis.
13,255 the Directors of the Bank of England would put down their
98,728
N. Orleans A Southern.
33,391,603 1,491,058
N. Y. Cent. AH ud.Riv..
...........
rate of discount to 3 per cent, but they have not done so. It
413,782
38,976
New York & Northern..
is understood that they do not take the general view as to the
2.606,989
N.Y. Ontario A West’ll..
316,168
255,435
7,160,416
21,699,941
3,628,227 probable course of the money market; indeed, there are
Northern Pacific^.........
3,103,112
4,993
rumors that preparations are being made for withdrawing
553,766
48.606
gold from New York for both Paris and Berlin. The best
149,127
Paducah Tenn. A Ala..
75,777
135,241
26,653
Tennessee Midland...
observers fear that if this happens there will be a return of
636,581
16,248
Peoria Dee. & Evansv..
1,031 uneasiness in New York, and that after awhile shipments
28,761
rittsb. Marion A Chic..
82,582
285,182
Pittsb. Shen. A L. Erie.
______ from London to New York will begin again. The Directors
1,038,779
159,380
Pittsburg & Western—
133,814
Pittsb. Cleve. A T ol.
471,988
therefore are unwilling for the present to make any change.
233,002
Pittsb. Paines, a F’pt..
38,285
The demand for silver for both India and China continues
10,583
2u8,826
Quinev Omaha <fc K. C..
482,244
104,796
Bio Grande Southern...
286,799 very good, the price fluctuating between 34d. and 34}id. per
Rio Grande Western__
1,958,268
29,476 ounce. On Wednesday the India Council again offered 40
St. Jos. A Grand Island.
894,210
St. L. Alt. A T.H.Br’clie.
1,077,857
86,971
St. L. Kennett A South..
21,705
2,277 lakhs of rupees in bills and telegraphic transfers for tender but
St. Louis Southwestern.
3,131,570
299,406
no applications were sent in. A s the Council, however,
1,478,261
203,897
7,801 has just sold debentures realizing nearly £1,400,000, it is not
Savan. Amcr. A Mont..
373,350
65,756
19,060
immediately in want of money, and it hopes that the exports
134.920
33,210
946,182
1,976 from India will very soon now become large and that then
4,575.557
210,515
there will be an active demand for its drafts.
Tex. Sabine Val. A N.W.
35,654
2,941
Toledo A Ohio Central a
1,434,822
36,134
The Australian governments are beginning again to borrow
Toledo Peoria & West’ll.
730,311
11,197
Tol. St. L. A Kan. City.
1.633,479
302,283 largely in this market. On Monday morning subscriptions
10,418,931
214,413
were invited by the London & Westminster Bank for a
2,574,967
109,968
West Ya.Cent. A Pittsb.
815,830
72,512
Victorian 4 per cent loan of £2,107,000, the proceeds to be
Wheeling <fc Lake Erie ..
1,074,812
82,452
applied to paying off an old 5 per cent loan maturing New
Total (128 roads)___ 337,067,095 389,397,333 9,743,776 1207401
Year’s Day next. It was stated in the prospectus that the
Net decrease..................
__ ___ 2,330,23
holders of the old loan would get preferential allotments, but
§ Includes Wisconsin Central up to and including September 26 lor
both years.
to the surprise of every one the subscription lists were closed
kOnly three -weeks of September in each year.
the same day. There is much complaint at this, and both the
« Includes Toledo Golumous & Cincinnati m both years.
} Includes Colorado Midland for both years.
Government officials and the bank are severely censured on the
ground that they have not kept faith with the holders of the
fives. It was announced by telegraph from Sydney yesterday
S tock E x c h a n g e C l e a r in g -H ouse T r a n s a c t io n s . — The that the New South Wales Government is about to raise a new
subjoined statement includes the transactions of the Stock
loan of 2% millions sterling, the interest to be 4 per cent and
Exchange Clearing-House from Oct. 2 down to and includ­
ing Friday, Oct. 13 ;
also the aggregates for June, July, the minimum issue price 98J£, and this morning the prospectus
August and September in 1893 and 1892.
inviting subscriptions is published. The loan is chiefly for the
repayment of loans shortly to become due. Other Australian
STOCK EXCHANGE CLEARING HOUSB TRANSACTIONS.
'— Shares, both sid es .—* .------- B a la n ces, o n e sid e. -------, Sheets governments will likewise come forward. There is much
C leared.
Total V alu e. S hares. V a lu e S hares. Cash. C lear'd.
doubt in the city, however, as to whether the efforts will be
M on th —
J u n e , 1892. 16.684,000 1,041,048,200
1.598,750
94.566,700 1,433.971
5.885
successful. It is alleged that there was a very large “ bear’
J u ly , 1892.
9,807,300
699,313.200
1,120,100
'4,186,100
974.700
5.886
A ur ., 1892. 13.998,480
977,583.000
1,657.400
107,386,900 1.301.600
account open in old Victorian bonds and that the success of
6.283
B e p t , 1892. 18.857.800 1.268,000,000
2,055,800
128.663.500 1,697.506
6 252
4 ruos—
59,347,580 3.985,944.400
6,432,050 404.8.03.200 5,407,77?
the new issue was due to this circumstances that therefore,
24,206
J u n e , 1893. 37.190,700 3,016,900,000
1,682,000
9(1,200,000 1,789,800
6,395
J u ly , 1893. 39.685,700 1,100.000.(00
1.796,300
it is no guide ss to the feeling of investors. There is no doubt
88,100.000 2.752.600
6,016
A up., 1893. 17,569,400
961,300,000
1.470,200
73.900.000 2,329,200
6,882
S ep t., 1893. 16.020.300
936.400,000
1,380,600
72.100.000 1.988.600
5.95(5 it is very generally felt here that the Australian colonies have
H.4 m 0 8 ,... 70,466,100 4,014,600,000
0,320,100
324,300,000 8,860,100 25,248
borrowed far too mucli during the past ten years.
Shares, both sides .—«.
•B a la n ces , one sid e .Sheets
Cleared. Total Value.
A ll through the week there has been utter stagnation upon
$
$
.O e t,
.1 ,2 5 1 ,5 0 0 7 2 ,6 0 0 ,0 0 0
1 0 0 ,3 0 0
5 ,0 0 0 ,0 0 0
97.600
319 the Stock Exchange. A t the fortnightly settlement, which
3 . . 6 1 9 ,4 0 0 3 5 .7 0 0 ,0 0 0
6 5 ,9 0 0
3 ,2 0 0 ,0 0 0
54.600
287
began on Wednesday morning, the joint-stock banks were
4 . . 4.-.o,:>oo 2 8 .2 0 0 ,0 0 0
4 2 ,4 0 0
2 .3 0 0 ,0 0 0
41,200
270
5 . . 5 3 4 ,1 0 0 3 0 .5 0 0 ,0 0 0
4 8 ,7 0 0
2 ,2 0 0 ,0 0 0
49,300
290 able to obtain from Stock Exchange borrowers no more than
"
6 . . 4 1 4 ,5 0 0 2 0 ,1 0 0 ,0 0 0
5 1 ,6 0 0
2 ,2 0 0 ,0 0 0
33,800
269 2 H per cent, and the carrying over rates within the Exchange
Tot. w h . 3 ,3 0 0 ,0 0 0 1 8 6 ,5 0 0 ,0 0 0
3 0 8 ,9 0 0 1 4 ,9 0 0 .0 0 0 276,500 1,435
were very light, all of which shows that the “ bu ll” account
\ V k la sty r 5 ,9 7 8 ,5 0 0 :3 6 y ,4 0 0 ,0 0 0
6 6 0 ,9 0 0 3 8 ,8 0 0 ,0 0 0 541,400 1,548
open is very small. The public is still holding aloof from all
O et. 9 . . 4 9 6 ,6 0 0 2 8 .1 0 0 ,0 0 0
6 0 ,8 0 0
3 .1 0 0 ,0 0 0
41,600
270
“
1 0 . . 5 4 9 ,8 0 0 3 2 ,9 0 0 ,0 0 0
6 0 ,3 0 0
3 ,4 0 0 ,0 0 0
47.000
286 departments and will continue to do so as long as the Sher­
1 1 . . 6 8 4 ,6 0 0 3 8 ,8 0 0 ,0 0 0
6 2 ,8 0 0
3 ,1 0 0 ,0 0 0
59.000
298 man A ct is not repealed. A good impression has been made
1 2 . . 6 8 7 ,5 6 0 ; 3 6 .6 0 0 ,0 0 0
6 6 ,3 0 0
3 ,1 0 0 ,0 0 0
77,300
299
1 3 . . 5 9 3 ,8 0 0 3 3 ,2 0 0 ,0 0 0
5 6 ,5 0 0
2 ,8 0 0 ,0 0 0
55,800
287 by President Cleveland’s letter to Governor Northen ; but it
T o t. w k.. .3 .0 1 2 ,3 0 0 ]1 6 9 ,6 0 0 .0 0 0
3 0 6 .7 0 0 1 5 ,5 0 0 .0 0 0 280,700 1,440 is not likely that business will improve until the repeal is
W k l a s t y r 3 ,4 4 7 ,2 0 0 :2 2 5 ,1 0 0 ,0 0 0
4 1 7 ,2 0 0 2 6 ,2 0 0 ,0 0 0 318,800 1,186
actually accomplished. The holiday season is now practically
The stocks cleared now are American Cotton Oil common,
ended ; next month there ought to be, according to past ex­
American Sugar common, Atchison, Chicago Burlington &
Quincy, Chicago Gas, Chicago Milwaukee & St. Paul com­ perience, much more active business, and if all doubt were
mon, Chicago & North western, Chicago Bock Island & Pacific, removed as to what is to be the money of the United States
Delaware Lackawanna & Western, Distilling & Cattle Feed­ in future, it is reasonable to suppose that the demand for good
ing, General Electric. Louisville & Nashville, Manhattan, American securities would greatly increase.
Missouri Pacific, National Cordage common, New York &
The depression is intensified by what is going on in South
N ew England, New York Lake Erie & Western, Northern
Pacific preferred. National Lead common, Philadelphia & America. Very little trustworthy intelligence is allowed to
Reading, Union Pacific and Western Union, j
reach us either from Argentina or from Brazil,
n seems
N am e o f R oad.

1893.

$
3,435,352
778.471
125,223
180,292
232,650
288,483
58,858
2,693,925
435,002
1,335,545
15,428.209
2,626,610
48,871
70,736
1.007,075
5,829,978
3,178,337
2,261,286
87,570
1,293,512
2,455,755
7,025,293
13,360,920
2,354,373
3,573,517
85,473
34,882,661
4 52.758
2,923,157
7.415,>-51
18,071,714
3,108,105
602,372
224,904
161,894
652.829
27,730
367,764
1,198,659
605,802
276,287
198,243
377,448
1,671,469
S64.734
1,164.828
19,428
3,430,976
1,274,364
365,549
46,696
168,130
944,206
4,786.072
38,595
1,470,956
719,114
1,331,196
10.204,518
2,684,935
888,34 2
1,157,261

1892.

THE

October 14, 1893.]

CHRONICLE.

clear that there is growing anarchy all over both countries.
There is still tali of a restoration in Brazil, bnt there is not
as much belief in it as there was last week. The civilian
population is apparently looking on with indifference while
the army and the navy are fighting, and therefore itis feared
that there are not the materials in Brazil for constituting a
good government of any kind. Hence the old fear of dis­
ruption is growing. Yet there has been much less fall in
Brazilian securities of all kinds than might reasonably have
been expected; apparently the holders are resolved to see the
struggle out. For about a fortnight the revolted fleet has
been bombarding Rio. As far as can be learned, the damage
has been comparatively small; but of course much life has
been lost and much property destroyed, and the best informed
believe that before very long the great Powers will intervene
to stop the purposeless bombardment o f an open town. The
prospect in Argentina is not very much brighter. As far as
can be ascertained from the conflicting and scanty news that
reaches us, the struggle is mainly between General Roca on
the one hand and the Radical Party on the other. If the
General wins, he will no doubt do his best to keep faith with
the bondholders; but there are strong doubts whether his best
will amount to much. On the other hand there is a fear that
if the Radicals win they may cut down the interest upon the
debt very seriously.
At home the coal strike still continues, the falling off in the
railway traffic is very seriou- and the interruption of busi­
ness is bad. In the Far East trade is more or less disorgan­
ized by the closing of the Indian mints, and the depression in
Australia is very great. The Continental Bourses, on the
other hand, have been steady throughout the week. There
has been even some recovery in Italian, mainly on the report
that a great syndicate is being formed in Berlin to bring out a
large Italian loan. The crisis in Italy is deepening and is
causing tome fear aa to the political consequences, since it la
thought potsuble that Italy before long may have to withdraw
from the Triplo Alliance. But nothing serious is liki ly to
happen until the spring, and in the meantime there uiay he
something done to avert the apprehended catastrophe. The
friends of the country hope that a new government will come
into office resolved upon enforcing retrenchment and that
then it may be possible to raise a loan.
The following return shows the position o f the Bank of
England, the Bank rate of discount, the price of consols, A c ,,
compared with the last three years;
vm .
mm.
vm .
imx
3tp£. 27,
Sept. S&
Seat. 10.
Oct. 1.
&>
£
£
£
€t.tenlMkm............ .......................
3> W,877,?$B fJSU£3®,#0C* SSyfff7,725
PabiJefltptiiJW ....... ..
4j2W,tM .%im m b
O th e r ditpQfftta,....................
1 29,707,737
31,601,700
s&.msjm
l
O tfter M e n r lilB * .... . . . . . . . . . . . . . . 4#,lWMn-*
Um*n«.*-....... ........... .
j% t
GhM mmI totiliton.
ztj&f7 jH 'i
Prop.
to IteMMIa* ( - r at.
MH
Baas*. tmm. .. . . . . . . . . . . .^pm « t n t
€mt. . . . . . . . . . . . . .
38 t-16
CiearlDg: llrmm r e tu r n * . . . . . . . . . 37,115.000

St,761.1M

WMt.M l
tS0lt,H8
i
s
m n-m

uH
$

U CM6

625

(jk r m m e r c itil a n d m i s c e l l a n e o u s 3 | e w »
B n z l l s l i F i n a n c i a l M a r k e t * —P e r C a b l e .

The daily closing quotations for securities, &c., at London
are reported bv cable as follows for the week ending Oct. 13 :
L ondon,

33%
Sliver,per o s . . ............ d 33%
93%
0 jn toisjiew , 2 % perote. 98%
983,6
do lor account........ 9 8 3 „
P -’el* rentes (in Paris) fr. 98-15 ys-4o
(j 8 4s o f 1907.............
77%
77*3
Canadian P acific............ 77%
61%
Calo. Mil. & St. P a u l.... 61%
61%
96
95%
t-llnols Central............... 93%
L ike Shore..................... 125% 125% 126%
50
46%
Liol*vllle& Nasimile.. 51%
54
54
Mexican Centra! 4s...... 54
106% 1 0 6 %
X. Y. Central A Hudson. 106
14%
X Y. Lake Erie A We*t’n U %
14%
72*9
73
do
2d oons........... 73%
22 M
22
X irfolk A Western, pret 22%
21%
21%
Xorthera Pacifio pret... 21%
51%
51%
Pennsylvania................. 51
9%
P illadelphia A Reading.
9%
9%
19%
1S%
Galon Pacific.................. 19%
W *%«*)> n r «f....... ...........

3$h
&

n

.V H
M f,307,000

9,945.917
1893.
Aver, p rice wheat week.26s. 94.
A verage price, season.. 25*. 11.4.

1890.

F or W eek.

P M * w eek,

Qen’I mer’dUe.

T o t a l ............ 815,560.361
B m ce J a n . 1,
D ry G o o d * ......... *121,317,131

.......qrs,

325,600

71%

2 1%

2 1%
2 1%

21
52
8%
1S%

52
S%
13%
15^

15%

1892.

1893.

*3,156,016
10,814,521

*1,1 58,2 50
4,820,211

*9,567,186

*13,970,537

*3,978,461

*91.912,017 *104,432.724
339,903.40 tj 339,101,079

The imports of dry goods for one week later will be found
in our report o f the dry goods trade.
The following is a statement of the exports (exclusive o f
specie) from the port of New York to foreign p o m for the
week ending October 10 and from January 1 to date;
E X P O R T S FRO M S E W I O R K F O R T H E W E E K .

|

1890.

j

1891.

*8,347,014
Fur the W e e k ./ ?lrt,110,OPl
Fre». reported
255,733,088] 275,832,421

1892.

1893.

*9,991,568
291,490,728

*7,920,830
230,042,407

Total 40 w eek«.l*271.893.1821*2* 4,180.035 *301.382.296 *288.563.237

The following table shows the exports and imports of specie
at the port o f Hew York for tile weekending Oct. 7 and since
January l, 188$, and for me corresponding periods in lbStli
and 1891:
exports a x o i n r o a r s o f specie a t sew route.
ir «* .

S in c e J a n , 1.

TTreA",

S in c e J a n . 1 .

Great Britain............
Praaiee.,........
Germany....................
West Indie*................
M exico........................
South Am erica..........
All other coun tries..

* ............ *16,677,647
17,990,102
*0,153.100
7,802.620
204,898
15,468
1,147,970
1,013,420

* ............ $28,1.36,909
8.675,905
13,291,804
18.871
5,277,005
1.810
51,406
33.01S
1,340,779
118,913
1,895

Total 18 93..........
Total 1892..........
Total 1891..........

*269,898 *70,100,327
49.61 9 58.777.218
5,730 75,021,402

*56.189 1*56,902,431
40-,56 5
7,024.287
3,733,602 14.427,093-

S ile e r .

1 ,3 5 5 ,9 9 7

3 .3 7 3 ,6 7 5

1,190,302

1,152,920

Total 1893..........
Total 1892..........
Total 1891..........

1890.
6,737,941
1,152,020
3,380,308

9,419,648 " 8,439.786 11,271,169
1893.
1891.
1890.
28a, 4th
34*. Sd.
3 !a . 6(1.
29*. Od.
381. 5d,
32*. l i d .

1892.
1,560,000
307.000
100,(00

100%
14%

Tot*l *0 weeks. * 4 2 3 .4 9 6 , 5 3 2 !*107,214,351 *439,815,418 *443,533,803

1,612,459

2.530,000
319,000
331,000

126%r
46%
51%
100%
141%
72

46%

94%

*1,931,111
7,836.075

*92,750.061
314,461,293

Gen*l m er'diae. 301,6*9.101

3 , 9 8 7 ,2 4 9

L a etv see k ,

95

126%

17%
,15%

15%

76%
61%

76%
60%
05 19

7119
2113
2114
52
8%

1891.

S5,001,253
10.359,108

D r y G o o d •>........

Great Britain............
i- rase® ........................
G erm ativ...................
West Indies................
M exico........................

The following shows the quantities o f wheat, flour and
maize afloat to the United Kingdom;
.............. - o r * . 2,623,000
F lO flr , equal
to «|r*. 317,000

33%
98sie
983,.
98-45 98-47%

F O R E IG N IM P O R T S A T H E W Y O R K .

1S9C.
0,737,M l
2.012,875
1,032,122
94,973
1*6,00*

Supplies available for consumption (exclusive of stocks on
September 1):

T otal.....................

32%

98%
98*i«

J a u u a iy .

1891.
6,1*2,880
1,711,516
1,318,652
70 ,25*
351,4*9

1891.
6,142,860
1,190,302
1,105,624

15%

15%

76
01%
95%
126%
46%
54
100%
14

Fri.

I m p o r t s a n d E x p o r t s f o r t h e W e e k , — -The following a r e
the imports at New' York for the week ending for dry goods
Oct. 5 and for the week ending for general merchandise
Oct, ti: also totals since the beginning of the first week in

1892.
6,2*7,623
1,752,592
1,198,*1*
1*7,679
6*0.524

1892.
6,2*7,623
1,813,459
1,559,566

Thun,

331616 33%
98%
981,8
933,« 98%
98-30 98-37%

IM P O R T *.

1893.
■Ykeat..................o w t. 5,783.780
Import* o l S oar......... 2.118,372
Sale* o f home-grown. 2,013,705

W ed .

T u es.

I*

The following shows the imports o f cereri produce into the
United Kingdom during the first four weeks of the new season
compared with previous seasons :
1893.
rm porttofw h eat,ow t. 5.783,7*0
B arley.......................... 2,189,663
Oat*..................... .— 1,198,691
P e a S -..........................
111,339
B a r n s .......................
*91.923
Indian c o r n ................... 2 , 5 1 9 ,0 2 5
F lo u r ......................... 2,119,372

M on.

B at.

1891.
1,638,500
179,000
227,500

All other countries..

Exports.
Week.
S in c e J a n , 1.
*248.624 *23,500,520
2 32,103

Im p o r t).
\ U ck.

f ............

1 9 ,0 0 0

2,754

514,4 2 U ’
660
68,553
39.891

*251,378 *24,509,015
170.450 10.813,744
832,617. 14,204,981

40
1,184
$1,233
147,359
16,892

S in c e J a n . 1 ,

*2,937
787,440
596
14,732
901,415
3,081,121
132;gl3
*2,951,104
2,110,821
1,547,798

Of the above imports for the week in 1893, $33,678 were
American gold coin and $372 American silver coin. Of the
exports during the same time $13,000 were American gold coin.
—City o f Ironwood, Mich., 0 per cent gold bonds are offered
for sale at par and interest by Messrs. Coffin & Stanton.
These bonds are a legal investment for savings banks of
Maine and New Hampshire; see advertisement in State and
City Department,
—The Union Mutual Life Insurance Company of Portland,
Me., at a meeting of the directors on Tuesday, elected Hon.
IVed. E. Richards as President of the company to succeed the
bite John E. De Witt. Mr. Richards has been prominent as a
director in the company for a number of years and is thor­
oughly familiar with iia policy and affairs. He is also identi­
fied with various financial institutions in Portland, and is the
President of the Portland National Bank.

THE CHRONICLE.

626

G o v e r n m e n t R e v e n u e a n d E x p e n d i t u r e s . — rnrough the
oourtesy of t.he Secretary of the Treasury, we are enabled to
place before our readers to-day the details of Government
receipts and disbursements for the month of September. From
previous returns we obtain the figures for previous months
and in that manner complete the statement for the nine
months of the calendar years 1893 and 1893.
r e c e ip t s

(0 0 0 s om itted).

1898.

1893.
(Cus­
tom s.
t

Jan.....
B e b ....
March..
April...
May....
Ju ne...
July....
A ug...
Sept—

21,102
16,501
19,635
15,908
15,425
14,964
14,684
12,145
12,570

N .B k.
I n te r ! Red’p. M iscn lo ta l.
R ev’ue Fund. S ’rces

»
207
312
322
184
43
267
120
166
707

t

12,053
11,263
12,931
11,729
13,212
14,003
14,689
.10,563
11,469

s
1,848
2,407
1,520
1,980
2.292
2,750
1,533
1,183
544

N .B k .
Intern R ed’p. Misc'l Total y
R ev'ue Fund. S’rces

Cus­
tom s.
t

t

35,210
30,4S3
34,488
29,801
30,972
30,984 j
31,0201
24,057;
25,290

17,S91
16,783
16,415
13,831
12,692
14.618
17,205
18,272
17,210

*

*
159
57
212
417
270
231
257
554
43

*

11,911
12,189
13,134
12,423
13,478
14,789
14,866
14,003
13,736

2,129
1,727
1.288
2,404
3,042
1,560
2,243
1,144
852

*
31,590
30,758
30,049
29,074
29.4S2
SI,219
34,571
34,033
31,841

9 mos. 142,964 111,917 2,328 15,057 273,366] (144,417 119,579 2,230 15,389 231,615
DISBURSEMENTS (OOOS Omitted).
1893.

Jan.—
F e b ....
March..
April...
M ay....
June,.,
July....
Aug...
gept....

1892.

Ordin a ry.

N .B k .
I n - Red’ v. Total.
P en sions. terest. Fund.

Ordin a ry.

$
18,209
17,049
17,111
15,271
15,580
17,102
17,791
21,642
14,443

$
*
13,038 7,104
832
13,495
679
13,840
12,872 5,096
14,269
383
262
11,411
14,758 7,32?
11,266
39?
10,787
198

16,980
13,637
14,557
15,539
14,658
15,513
15,051
17,632
15,291

*
902
811
740
532
662
491
418
291
220

*
39.253
31,67?J
32,373 !
33,771
30,874
29,266 i
40,094
33,596
25,698

N.Bk.
P en In - Red’p. lotal.
sions. terest Fund.
$

$

10,522
11,563
13,414
12,705
12,908
12,122
14,235
13,478
12,054

1
6,673
764
24w
1,766
4.073
233
7,048
330
217

$
1,488
1,519
1,205
1,038
1,023
1,018
915
641
725

t

35,663
27,482
29,425
31,098
32,662
23,941
37,249
32,081
23,917

9 mos. 154.231 115,736 21,568 5,067 296,4u3 138,908 118.600 21.437 9,573 263,51
B o n d s H e e d b y N a t i o n a l B a n k s .-— The following interest­
ing statement, furnished by the Comptroller of the Currency,
shows the amount of each class of bonds held against national
bank circulation and to secure public moneys in national bank
depositaries on September 80.

D e s c r ip tio n o f B on d s.

P u b l i c D e p o s its
in B a n k s.

Bank
C ir c u la t io n .

T o ta l Held,.

C urrency 6s............ .........
2 per cents_______ ______
4 per cents........................

$1,170,000
1,568,000
12,628,000

$16,161,000
22,878,350
170,667,750

$17,631,000
23,866,350
183,295,750

T o ta l..........................

$15,386,000

$209,407,100

$224,793,100

C h a n g e s in L e g a l T e n d e r s a n d N a t io n a l B a n k N o te s to
O c t o b e r 1.—The Comptroller of the Currency has furnished
us the following, showing the amounts of national bant notes
Sept. 1, together with the amounts outstanding Oct. 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:
N a t i o n a l B a n k N o te s —

Am ount outstanding Soph 1 ,1 893
Am ount issued during Sept.............
A m ou n t retired during S r p t .........

$9,913,435
203,114

A m ount outstanding Oct. 1,1893*.

$198,881,881
9,710,291
$208,592,172

LV1I,

—A new system of life insurance, combining low rates with
ample security, is advertised by the old Nederland Life In­
surance Company of Amsterdam, Holland. This company
was established in 1858, and numbers among its trustees in
the United States Messrs. Henry Amy, Amos T. French, John
D. Keiley, Jr., and Charles E, Whitehead. Its United States
office is tinder the direction of Louis I, Dubourcq, LL. D.,
former manager in Amsterdam, and is located at 874 Broad­
way, corner of Eighteenth Street. The company reports its
assets to liabilities at 159 per cent, its legal reserve being
figured on a three per cent basis.
—The holders of American Water Works Company (Omaha
5 per cent and 6 percent bonds are informed by the commit­
tee, Ernst Thalmann, chairman, that foreclosure proceedings
have now been begun. The committee advises all bond­
holders that have not already deposited their bonds with the
Farmers’ Loan & Trust Co. to do so at once, and cautions
bondholders against selling their coupons or giving any power
of attorney, or being influenced by misleading statements.
They also notify holders of above securities that the time for
the deposit of bonds expires on November 1, after which date
bonds will be received by the committee only on terms to be
announced hereafter.
—Messrs. Harvey Fisk & Sons offer at 97 and accrued interest
the first mortgage gold fives of the Buffalo & Susqueliann a
RR. Co. This road has been in operation for several years as
a lumber road in Western Pennsylvania, a distance of
about thirteen miles. During the present year it has been ex­
tended and is now in operation a total distance of 00 miles; see
statement and map in the I n v e s t o r s ’ S u p p l e m e n t and abstract
of the mortgage on another page of this issue of the C h r o n
ic l e .
In reference to the bonds Messrs. Harvey Fisk & Sons
state that ‘‘they are issued on sixty miles of finished and fully
equipped standard gauge railroad that cost far more than the
authorized issue of $900,000. with the additional security of
more than 86,000 acres of virgin forest land, worth at a low
valuation ia excess of §1,700,000. The interest required—$45,000—has been more than earned from less than one-third of
the present mileage. It is estimated by two competent and ex­
perienced engineers that the net earnings of the road will, in
the future, he upwards of §300,000—more than four times the
amount of the interst payable on the bands.”
City Railroad Securities— Brokers’ Quotations,
A tla n tic

TJ. S . B o n d s H e l d S e p t. 30 ,189 3, to S e c u r e —

\QL.

a t

Dry Dk.E.B.* Bat’y—Stk. 120 130
1st, g „ 5s, 1932......J&D W O........
Scrip............... ......... . 95 100
Eighth Av.—Stock........... 240 ........
Eighth Av.—Scrip, 6s, 1914 1U0 105
42d & Gr’nd St. F’ry-Stk. 3 0 0 ........
42d St. Manh.& St.N.Ave. ....I 68
1st mort, 6s, 1910.. MAS
110
24
income,6s----J&J 60 64
Honst.W.St.& P.F’y—Stk. 200
1st mort, 7s, 1894..T&J 100
Ninth A re........................ 125
Second Ave.—Stock___ _ 100 108
102
1st mort, 5s, 1909.M&N
216
Sixth Ave.—Stock....___
Third Aye......................... 135 140
1st M„ 5s, 1937......J&J 107 ........
Twenty-third St.—Stock.. ....3 0 0

, B ’ k l y n . S t ’ k . I_____

Gen. M.,5s,19O0...A<teO:iOO
Bl’oker St. & Pal. F.—Stk.!....... SO
1st mort., 7s., 190P-.J&J........ 108
S r’ d w a y & 7 t a A v .— S t ’k . . 1
180
1st mort., 5s, 1904 .J&D 100
24 mort., 5s, 1914...J&J 100
B’way 1st, 5s, gn...... ’ 24 100
2nd 5s, int. as rent., ’ 05. 90
Brooklyn City—N onstock 157 159
B’klyncrosst’n 5s., 1908 105
Bkn.C’y * N ’n5s,1938.J&J
Oentral Crossto-wn—St’k .. 140
1st mort., 6e,1922.M&N 115
Cent. Pk.N.& E.Riv,—Stk. 140
Consols. 7s, 1902 ...J& D 116
Clirist’pT & lotli St-—St’k,
1st mort., 1898...... A&O 105

M. It. and Brooklyn Gas S e c u r i t i e s — Brokers’ Quotations,
GAS COMPANIES.
Brooklyn G-as-Bight........
Central..,................ .........
Citizens’ (Brooklyn).........
Jersey City & Hoboken..
Metropolitan—Bonds.......
Mutual (N . Y . ) .................
Nassau (Brooklyn)..........
S c r ip .............................
Feople’ s /B rook lyn )......

Bid. Ask.
100
180
105
138
140
67

GAS CO M PA N IE S.
Metropolitan(Brooklyn).
Williamsburg................
Bonds, 6s..J..................
Fulton Municipal...........
Bonds, 6s..... .................
Equitable.......- ..........
Bonds. 6 s ......................
Standard pref.................. .
Do
com..................

53
145
150
100
75

Bid.
110
120
100
123
105
170
100
60

Ask
102
175
65
32

L e g a l T e n d e r N o te s —

A m ount oh deposit to redeem national bank
notes Sept. 1 ,1 8 9 3 ......................... . ...............
A m ou nt deposited during Sept......................
Aipt. reissued A bank notes retired In Sept-

$685,570
203,545

A m ount on deposit to redeem national bank
no«*!s Oct. 1, 1893,..................... ...................

$20,245,163
482,025
$20,727,188

* Oiroolation o£ national gold banks, not included above, $9S,407.

Anetion Sales—Among other securities the following, not
regularly dealt in at the Board, were recently sold at
auction,
By Messrs. R. V. Harnett & Co
B onds.

S h a res.

$4,000 S y r, Bing. & N. Y. RR.
1st, 7s 1906...............................123

25 Am erican' E xchange Nat.
Bank.....................................145

By Messrs. Adrian H, Muller
According to the above the amount of legal tenders on
S hares.
deposit October 1 with tire Treasurer of the United States to
57,500 Helena & Idaho Gold
redeem national bank notes was $30,737,188. The portion of
M ining C o , $10 e a ch .$25 lot
this deposit made (1) by banks becoming insolvent, (3) by
5 Im porters & Traders"
Nat. B ank........................ 567
banks going into voluntary liquidation, and (3) by banks re­
100
The Burtis-Keeler Cigar
ducing or retiring their circulation, was as follows on the first
Co. o f Ohio, His. $1 per share
of each of the last five months:
D e p o s its b y—

X n eolv’t hke..

J u n e 1.

$
1,076,259
4,879,723

J u l y 1,

$
1,039,359
4,82S,071

A u g u s t 1.

$
1,018,528
4,760,905

S ep t. 1.

S
1,008,983
4,812,312

OH. 1.

$
1,103,809
4,831,253

Sdania’gbks..
B ed ’c ’g nndr.
a ct o f ’74..* 15,080,487 14,846,006 14,655,194 14,423,838 14,792,126

iS S a u k tix fl

THE

& Son :

10 Third Nat. B an k ..............106
50 Third Ave. B. R. C o....... 140
B onds

$2,000 People’ s Gas L. Co. of
Bklyn, 6s 1900, A. & 0 .........98kj
$24,000 Lebanon Springs B.
K. Co. 1st 7s........................$50 lot

a n d

f i n a n c i a l .

M E R C A N T ILE N A TIO N A L BANIC
OB' T H E C I T Y OB N E W Y O E K ,
N o. 1 9 1 B r o a d w a y .
$ 1 ,0 0 0 ,0 0 0 i S u r p l u s F u n d , -

Total.......... 21,036.469 20,713,436 20,434,627 20,245,163 20,727,188

C a p it a l,

* A c t o f .Tun-i 2 0 ,187 4, and July 1 2 .1 8 8 2

WILLIAM P. ST. JOHN, President. 1FREDERICK B, 8CHBNOK, Cashier.
JAMES V. LOTT, Assistant Cashier.

—R. G. Rolston, President of the Farmers’ Loan & Trust
■Co., George Coppell of Maitland, Phelps & Co., and others, as
a committee constituted by a meeting of first mortgage bond­
holders of the Toledo St. Louis & Kansas City RR. Co., and
representing no other interests in the company than the first
mortgage bonds, invite holders of such bonds to examine
.and sign the agreement now ready at the office of the Farm­
ers’ Loan & Trust Co. preparatory to an early foreclosure
of the mortgage.

$ 1 ,0 0 0 ,0 0 0

A C C O U N T S S O L I C I T "E H .______________________

S a m u e l

D .

D a v is

&

C o .,

BANKERS AND DEALERS IN INVESTM ENT SECURITIES.
N O . 4 4 W A L L S T ., N E W Y O R K ,
Sam uel D. D avis ,
Member N. Y . Stock Exchange.

Ch as . B. V a n N ostrand

THE CHRONICLE.

O ctober 14, 1893. J

l i a i i K e r «
«

To day actual rates of exchange -were: Banker’s sixty
days sterling, 4 88j.f@4 SSMi demand, 4 85^@ 4 85V; cables,
4 S 3jig® 4 86.
Posted rates of leading bankers are as follows ;

o | a * e tte .

I V ! n R JM > s

N am e o f C om pany.

R a ilr o a d s .
Centra) o f X . J. (quar.).................
Ota. Sand. 4 <*levc p r e f . . ...........
Kan. City Suliiirbai! B e lt......... .
bake Erie & 'Veit, pref. -in a r
•
t o n s Island tqitar.).................... .
Toledo * Ohio Cent. pref. ;<iuar.)
lEnlv'dS.J.RK ACatt «u»r.tquar.»
*1 I s e e lla net> a s .
Railway Equip. o f M innesota...

P er
C en t.
1*»
3

W hen
P a y a b le .

B o o k s C lo se it.
( B a y s i n c lu s i v e .)

No t .
1 O e t.
N o t .1 'O c i ,

«*
Nov.
1% Nov.
1 >t Nov.
It* Oet.
2*3 Oct.

1 6 to N o t .
t il to N ov .

627

O e to b er 13.

1
1

1 ------- — to — -------15 Oet. 2!) to Oct. 15
1 Oet, 12 to Nov. 1
25,Oct. 15 to Oet. 25
1 0 -----------t o -------------

S illy D ays.

.........
Prime bankers’ sterling bills on London.. 4 84
Prime com m ercial................................... . 4 8 2 % » 4 83

D em an d.

4 86

Documentary eorumerel il....... ................... 4 82>4*4 82%
Parle bankers tfran cs!...................................
Am sterdam (guilder?) b a n k ers.......................
945s a 94 X, ,8I
F ranklert or B rem en lreioom arks)b’nk ers

4O=lB®403S
9533495%

The following were the rates of domestic exchange on New
York at the under-mentioned cities to-day: Savannah, buying
discount, selling »8' discount @ par; Charleston, buying
i £<a3-J6 discount, selling 1-lii discount @ par; New Orleans,
* Payable In stock.
bank, par. coinmercis), §1.00 discount ; Chicago, 75c. per
W A L L S T R E E T . F R I D A Y . O C T O B E R 1 3 , I S 0 3 - 5 P . 31.
|1,000 premium; St. Louis. 90c. premium.
The Money Market and Financial Situation.—The finan­
United States Bonds.— Quotations are as follows:
cial markets were much encouraged early in the-week by the
proposed action of a majority in the Senate in order to force
n e t.
Oet.
I n t e r e s t Oct.
Oet.
O e t .. O et.
P e r io d s
7.
9
11.
10.
12.
13.
an early vote on the repeal bill, but were depressed to-day
when it was known that the well-intentioned experiment had 2*..........................t m Q.-Muh. • 98 * 98 * 93 * 98 * 98 - 98
..........rev. a - J a n . 110% *110% •111 '111
Ul
*111
proved a failure, and later by the appointment of a receiver 48.1907
48.1907 ....... coup. D.^Jau, *110% *110% 111% •111 •111 '111
6s, eur’ey,’9 5 -----rev. J. & J. *102 *102 *102 *102 *102 *102
for Union Pacific.
6*. oar’vy,,9 6 ....r e v . J. 9 J. *104 *104 *101 *104 *101 *104
A gentleman actively engaged in London in commercial 6e, oar'cy ,’97— rev. j . * J. *ior< *106 *106 *106 *106 *106%
*10 0
*109 *109%
ear'<jy.'98.— rev. J. Jr J,,*109 *109
and financial work on som e of the leading newspapers arrived 6s,
*111 * i u
*ni
*111 *111%
&>, c a r 'o y ,9 9 — rev. J . * J . A l l l
in New York this week, and he reports to us tliat the feeling
•tins Is t ae nrlew old at r ue m oraiu* im a m ; n-» •
in England is very strong as to the increased value of invest­
fiorernment Pnrchases of Silver.—The following shows
ments in this country in case our silver law is repealed. He the amount of silver purchased in C) ctober by the Govern­
thinbB that there is a very large amount of money that would ment.
seek employment here immediately in the purchase of our
O u n ecs 1 O u n ces
th -tce p a i d . ■
o ffere d . ; p u rc h a sed .
securities and in new industrial enterprise*. To put the mat­
ter more sharply, there is a vast amount of foreign money Previously reporter!........... 994.000
300.000 $0*7360 9 $0-7*125
$0-7370 ®
rea d y to go into railroads, mines and manufactories
315.000
s
*0*7380 a ............
9 ........................
231.000
111.000 $0*7305 a .............
•*
H . . ....................
in Colorado, Idaho, Montana, Missouri, Tennessee, Alabama,
“
13........................
Texas and other States, if only the respected legislators of
............ 3
636,000 $0-7360 it $0-7425
T ota l............... ................. t .920.000
those States will encourage it to come here.
The gross earnings of railroads in September are published
Coins.—Following are current quotations In gold for
in the CHRONICLEthis week and the statement is not altogether coins:
discouraging. It is true that the falling off was large as com­ S > ver«lgn s.. ----- .¥ * 8 3
» * * - 7 :Fine sliv e r buna., — 73 »
— 74
apoleon*........... 3 85
O 3 00 F l v o f s » a o a . . „ . . . - 90 » — 05
pared with last year, but the earnings were- improving towards N
X X Kslehmark*. 4 70
» * 80 M exican d o lla r s .. — 53 % a — 59%
Do unoom m ero’ i ------- a — —
the close of the month, and where the crops along the 25 Peseta*___ .. 4 75 » 4 83
Span. D ou bloon *.15 55
* 1 5 75 Peruvian so ls----- . — 53% 9 — 54 %
lines of certain railroads have been held back and not yet Mex. D oubloon*. IS 55
0 1 5 75 English silv e r___ 4 80 9 4
sent to market it is presumed tliat the movement will be Fine gold bare... par 9% preni.lO.H.tradedoUar* — 60 0 — 65
heavier hereafter. In round figures the gross earning- of
State and Railroad Bonds.—Sales of State bonds have in­
those roads which made something over sS^O,500,000 in Sep­ cluded $5,000 A la. Clap? “ B" at 102, §1,000 Tenn. Settlt. 3a at
tember, 1892, showed a decrease in the same month this year 69, $1,000 X.
fls, 1919, at 117, and §5,000 Va, 2-3sof 1991 at
of about §4,900,000; but this was less than the decrease in 52. Railroad bonds have been rather inactive, with very little
August. It is pretty well known, however, that rates are change in prices. There is the usual moderate demand for in­
very low, and it is probable that the net earnings in some vestment, distributed throughout the list, but very little specu­
cases may be scarcely equal in proportion to the gross.
lative business. It is well understood that that the delay in
S o m e view* about'mining on the famous Comstock lode
getting action on the silver repeal puts a clog on business, and
and the prospects of any further increase of the gold product the situation of the railroads in Mexico, with the necessity of
there are: given in the report of the Comstock Tunnel Com­ suffering a large discount on their silver earnings in turning
pany, published this week. It seems possible that fair enter­ them into United States gold, operates as a perpetual
prises in gold mining in many parts of the Wist might be warning to our buyer- of railroad securities in case our
stimulated with new capital if the silver law were repealed.
currency should lie allowed to fall to a silver basis. AtchisThe open market rates for call loans during the week on )ri 4s were more active to-day, selling down to 71; the North­
stock and bond collaterals have ranged from 1VJ to 9 percent, ern Pacifies are lower—1st mortgage 6s at 104, consol, :5a
the average being 2?\ per cent. To-day rates on call ware 30, Chic. & X. Pacificist 5s39J,4. Phi la. & Reading bonds
2!,-' to 3 per cent. Commercial paper is quoted at 6 to 8 p. c. are a trifle lower, and Messrs. Speyer & Co. are advertising
The Bank of England weekly statement on Thursday showed for sale on the !8th inst. the collateral held for their loan of
a decrease in bullion of £316,000, and the percentage of §2,500,900, as the receivers have made no response to their
reserve to liabilities was 15-89, against 45’52 last week; the request for more security or a reduction of the loan.
discount rate remains unchanged at 8 p r cent. The Bank
Railroad and Miscellaneous Stocks,—There was some
of France shows a decrease of 4,950,000 francs in gold and
animation in the market early in the week and several stocks
5,175.000 francs in silver.
The detailed statement of the Clearing-House banks will showed material advances. The proceedings in the Senate
not again be issued bo long as there are any loan certificates then led to the hope that a vote on repeal might soon be
outstanding. The totals are furnishad as usual, and the reached but to-day these hopes were destroyed and prices
figures for last Saturday (Oct.
as compared with those of sagged off in consequence. Thu Whiskey stock (Distilling
the preceding Saturday "show an increase in the reserve of & C. F.) was exceptionally strong on the expectation that the
|6,812,100, there being a surplus over the required reserve tax on whiskey will have to be increased in order to raise
more revenue for the Government, but fell off to 30 to-day,
of §28,628,725, against 124,120,500 the previous week ;
and Sugar waa also strong, apparently helped rather than
hindered by the possibility of a new duty on raw sugar of
X H fferen 'sfra m
1992.
1891
1803
P re v . w eek .
Oct. 8.
Oet. 10.
Oet 7.
foreign product, though closing lower at 89% . Chicago Gaa
continue* to be one of the most active stocks and sold
9
$
*
$
..............
00,422,700 60,772,700 to-day at 37 L as the lowest point, closing at o"l% . The
Capita; ............... 60.422,700
..............
07.287.000 6 j .231.90C granger stocks sold freely to-day at a fractional decline
Surplus.. .. . ..... 71.594.SOO
Loan* and 4)«o’ t* 393.31 M O O In c , 847,400 463,208.100 402.842*300 in prices, and part of the selling was probably on London
5,576.500
i , 031,700
Circulation.......... 14.040.1.00 Inc. 544,400
Net deposit*...... 400.195.900 In c.9,215.500 472.419,700 401,751,300 orders, owing to the less favorable outlook for repeal. Louis­
S p arie............... ‘•4.372,700 Inc,3.5*6.500 71,907,000 70.076,900 ville &. Nashville has partly recovered from the decline made
Lev*l tend*™ ... 44.303.000 Inc <3,225,800 49.134,500 37.750,400 early in the week, which was attributed to sales made in
S e*erv* held___ 128.677,700 Ino .8,812,100 120,041.500 107.827.300 view of the new stock issue. General Electric has been steady
Legal reserve... 100,1148,975 Ini: .2,303,873 119.101.925; 1 0 1 .187.825 recently, but was weaker again to-day. Missouri Pacific has
Surplus reserve.. 28,628,725' Inc .4,508,225) 1,936,675] 8,639,475 been weak, owing to its heavy decrease in earnings, and Union
Pacific for the same reason together with the appointment
Foreign Exchange.— Rates for sterling have been stronger, of a receiver, carrying the price down to 15% at the close.
owing to the moderate supply of commercial bills and to the National Cordage was notably strong on the prospect of the
unsatisfactory situation at Washington, The sterling loans settlement of its affairs and speedy reorganization. The mar­
maturing from day to day give a more or less constant sup­ ket closed weak under the bad Washington news and the
Union 1% *ifie receivership,
port to the market.
3

N o r.

1 -----------

t o ----------

THE

62S

CHRONICLE.

[V ol. LVII.

N EW YORK STOCK E X C H A N G E —A C T IV E STOCKS fo r week ending OCTOBER 1 3 , and since JAN. 1 , 1 8 9 3 .
Sales
of the
Week,
Shares.

HIGHEST AND LOWEST PRICES.
Saturday,
Oct. 7.

Monday,
Oct. 9.

Tuesday.
Oct. 10.

Wednesday,
Oct. 11.

Thursday,
Oct. 12.

STOCKS.

Friday,
Oct. 13.

A c t iv e R R . S to ck * .
; i93a 1934 19% 20
18% 19% 18% 19% 19% 19% 1830 19% Atchison Top. <fe Santa F e ....
-2*
*2% 2 % Atlantic & Pacific..................
2*
2%
-2%
20"2%
2% 2%
2%
2%
68*
*69
*6S% 70
6 8 * 68% 6 6 * 67 Baltimore & Ohio.................. .
68% 68% *68
75
*74
7 5 * Canadian Pacific.....................
76
'73% 75
:*75
7 6 * 74
75% 7 5 % *74
47 Canada Southern...................
*45% 47*2 4 6 * 46% 40% 47
4 7 * 4 7 * *47% 48% 46
111 111*2 n o 111% 110% 111
109% 109% 1097g 1097e 108 109* Central of New Jersey...........
1612 16*2 16% 167e 16% 16% 16% 16*
1 6 * 16% 1 5 * 16* Chesapeake & O., vot. tr. cert.
136 136 T35 140 *135 140 Chicago & A lton .....................
'134, 137
135% 135% 136 136
78% 80% Chicago Burlington <feQninoy.
1 82% 82% 82% 83% 81% 83
80% 81% 80% 82
Chicago & Eastern Illinois—
9
3
*
93*
94
94
Do
pref.
93
93
5 9 * 60*8 60
605g 59% 60*
58% 5934 59
59% 57% 58% ChicagoMilwatikee& St. Paul.
117 117
116 116%
11578 117
'115
116 116* 116 116
Do
pref.
9 9 * H O * 100* 1025« 1023s 103* 102* 102% 102% 103% 100% 101% Chicago* Northwestern.......
136 I t s
Do
pref.
138 138
138 138 *136 138% 138% 138% *136 138%
S 65
t5
63% 65
65
6 5 * 66
60% 63% Chicago Rock Island <fcPacific.
65% 63% 65
3 4 * 34% 34% 34^8 3 3 * 34 Chicago St. Paul Minn. & Om.
1 35% 35*
35*
3518 3 5 *
35
108 108 *107 109
107 107
106*2 107 *107 109 *107 109
Do
pref.
33
3 3 % 33
35
3 3 % 32% 33 Cleve. Cincin. Chic. & 8t. L ...
- 30
3 3 % 3 3 % 33% 34
75
77
Do
pref.
20*
20% 20% 2 0 % 1 9 * 20* Columbus Hocking Val. <feTol.
a 2 0 % 20*
20
20
2 0 % 20
*60
*60
69
*60
*60
69
69
69
*60
69
Do
pref.
’ 121% 122% 12238 1223a 1223a 12230 121* 121% 121% 122* 121 121% Delaware & Hudson...............
152 153
152 152% *149 151* Delaware Lackawanna &Weat
152% 153% 152% 15278 151% 152
9&g Denver * Rio G rande...........
1 0 * 103s
9% 9%
*9 * 1 0 *
9*
............. ......
29% 31
2 9 * 30
Do
pref.
2978 303& 30% 30%
1
%
*%
'%
%
■% 1
'%
*% 1
*% 1 East Tennessee Va. & G a.......
15
*6
'6
15
*6
12
*6
15
15
15
*6
*6
Do
1st pref.
*1% 4
*1% 4
*1 *
4
*1 % 4
"1% 4
*1 % 4
Do
2d pref.
89
*80
*83 *2 89
*83% 89
83% 83% *80
89
89 Evansville & Terre H aute....
‘ 80
110 114 '110 115
1C8 108 *109 112
109% 110 *108% 112 Great Northern,pref..............
.'93% 95
93
93
9 2 * 93
*S0
93 Illinois Central........................
9318 93 % 93% 94
*7% 7 %
8
8
7 % *7%
*7% 7 % '7%
8
7% 7% Iowa Central...........................
22
*19
22
*19
*19
22
19% 20
1 9 * 19*
*19
Do
pref.
^ ft
*15
16
U 5 * 16*
16
1 5 * 16% Lake Erie & Western.............
1 6 * *1512 16* *15
69% 69% *67* 70
' 6fe% 68*
70
70
69
70
69% 6 9 *
Do
pref.
123 123
122*2 123* 123 123
122% 122* 123% 123% 121 123% Lake Shore & Mich. Southern.
9 2 * 92*
93
93
91
91
*90% 93% *90% 93% *91
96 Long Island........................
49 3a 50
4330 45 *
4l478 46% 44
45% Louisville* Nashville.......
46* 49*
4 3 * 45
Louisv. New Alta. & Chicago..
F
7 *
7 *
7
7 «
7 Louisville St. Louis & Texas .
124* 125
i.25* 126
123 124* Manhattan Elevated,consol..
126 126
126 126
126 126
91% 9i% 9112 9 1 *
92
92
90
9 0 * Michigan Central.....................
91% 9 L% *90* 92*
A1U
ll
10
10
11 Minneapolis & St. L,. tr. rects
10*2 10* '10
11
10% 10% -10
28% *28
28
30
30
29
*29
29
29
*28
30
31
Do
pref., tr. rects
*i u * 12
10% 10^ *1 0 % 11* *10* n % *1 0 % 11% 1 1 % 11% Missouri Kansas & T exas___
20
20
19
20*8 2 0 *
1 9 * 19*
19
20
20
19
19*
Do
pref.
24 * 2 4 *
21% 2 2 % 2 2 % 23% 22
22% Missouri Pacific..................
2L% 2 4 *
2438 25*
*12
*12
15
*13
15
*12
*13
1 3 * 13* Mobile &Ohio.....................
15
15
15
*58
70
70
*58
63
60
65
*55
61 Nashv. Chattano oga&St. Louis
6C
*58
*E5
102 102* 10210 10 3
100* 101 New York Central * Hudson.
1 0 2 % 1 0 2 % 102 102* 102 L02
*12
13*
13
13* *i 2
13% New York Chic. & 8t. Louis ..
13% *12
13% *12
13% *12
*54
58
*54
58
*52
*E4
*56
58
*56
58
57
59
Do
1st pref
*23* 2* * *23
25
*i4
*23% 25
*23* 25
-21
25
25
Do
2d pref
143*
13% 14
1 4 * 14% 1410
13% 14% 13% 13% New York Lake Erie & West’n
13% 14
28
28
Do
pref.
2s% 28*
2812 29
28% 28% 26% 2 8 *
27 *8 28% 2 6 * 27% New York & New England...
A91 i 93
192 192 *i91 193 *191 195 *191 L95
191 191 New York New Hav. & Hart.
11
li.
12
*10
10* n % *10
12 New York & Northern, pref..
1012 11
12* *10
15
1 4 * 145* 14% 15
15*
15
L l* 15
1 4 * 14% New York Ontario & Western
15*
14
14
14
14
13% 1 3 * 13%
Zork 8usq. & West., new.
13% 13% 1338 13% 13
42% 42%
* * -* 44
42% 42% *42* 43
4 3 * 43* *42* 44
Do
new pref.
*6%
7*
*20* 2 1 %
*20
*40
7
*7%
lb**
‘ .4%
*48*}
;s%
*iO

5
*8
27

6
6%
2012 20%

50
*25
45
*40
7
’5
8
8
191* 18%
15* *14*
51** *4s%
t%
*143®
17

50
45
7
8
18%
15*
5L
3%
18

*15
*4

5

*4

5

8*

*3

8%

27

6% 6 *
20* 20*
*25
40
*5
7%
16%
*14*
‘ 48%

V6

s%

28
2H
28%
*95 100
H95
105 I t 5
lt7 107
106
1 8 % 18*
18* 18% IS
6*
6%
6 7e
6't
'6 %
*8
*8
9
8%
8
*30
*30
35
35
*30
19
18
1878
16
6
6
5%
6%
•6% 7%! *67s 7 %
6%
15* 15% 1 5 * I d *
15%
13
*12% I3 7w 13
12%
42*2 47*2 42 % 48% *42%
5
5%
4%
5% 5%

6%
6%
19% 1 9 *

6*
20

6%
20%

50
44
7
7%
17%
15*
48*
3
17

*25
35
*6%
*7
16%
*14%
*48*
5i
*15

50
35
7
7%
17%
15%
51%
3
18

50
*z5
40 . *38
*5
8
7 % *7
16*
18
1 5 * *14*
5 L* 48%
3
12%
*14*
17

1

32
32
81<% 83
uiu Ai.u

6%
20%
15
50
42
7
7

16%
15%
51%
' 3
19
____

Do
hern
Do

pref.
pref.

Peoria Deca'hr & Evansville.
Do
L. <fe V
Do

pref.
Ter*!, tr. rects.
pref., tr. reets.
Western...............
pref.
thwestern........
pref.

Do
.OlliS
4 % *4
*4
*4
5
4%
Do
8
7 % 7 % *8
8%
8
.......
28% *25% 27
26
26
Do
*95 100
*95
00
pref.
100
104 110
*102 106%
106
18% 18% 18% 17% 18 li
18
18
6%
6&0 6 *
6%, Texas & P a cific .............. .........
7
6%
*6
*7 *
8%
8 Toledo Ann A rbor * N. Mich.
8
8
8
8%
*30
33
*30
35
35
*30
35 Toledo & Ohio Central............
*65
Do
pref.
*66%
18% 16% 17% 17% 18% 15% 17% Union Pacific..........................
*5*
6
6
6
6%
5% 5% Union Pacific Denver & Gulf.
7% 7% Wabash................. ....................
7%
*67s 7 % ‘ 6% 7%
15% 15% 1 5 *
14% 14%
1 5 * 15
Do
pref.
12% *12% 1 4 * *13
14*
13% 13% Wheeling * Lake Erie............
43
*42% 49
44% 44%
46% 43
Do
pref.
4%
5 % *4% 5 % *4% 5 % Wisconsin Central Co.............
‘ 4%
5
8%

M is c e lla n e o u s S to c k * .

Lowest.

Highest.

34,863

12% July 31 36% Jan. 10
1% July 25
5% Apr. 29
54% July 27 97% Jan. 24
GO July 27 90% Jan. 10
34% July 27 58% Jan. 10
84 July 26 132% Jan. 21
12% July 26 26 Apr. 0
126 Aug. 16 145% Feb. 1
69% July 26 103% Jan. 21
51 Aug. 21 72% Jan. 25
533 85 Aug. 17 105 Jan. 23
79,313 46% July 26 83% Jan. 23
00 July 26 126 Jan. 23
14,6*1$/!84% July 26 116% Feb. 1
240 128 Aug. 18 146 Jan. 20
33,482 51% July 31 89% Jan. 13
3,550 24 July 26 58% Feb. 9
240 94 Aug. 23 121 Feb. 3
6,851 25 July 26 60% Jan. 23
200 75 Oct. 13 98% Jan. 30
4,330 11% Aug. 2 32% Jan. 19
59% Aug. 2 73% Jan. 17
2,119 102% July 26 139 Jan. 27
6,578 127 July 27 157 Oct. 6
1,200
8% July 13 18% Jan. 21
2,060 24 July 19 57% Jan. 23
% July 3
5% Feb. 4
10 June 3 35% Feb. 3
2 July 7 11% Feb. 3
63 Sept. 6 152 Jan. 12
00 July 27 142% Feb. 7
86 July 18 104 Jan. 25
5 July 25 11 Jan. 25
12 July 27 37 Jan. 16
12% July 27 25% Jan. 14
53 July 31 82 Jan. 18
104 July 31 134% Apr. 8
90 July 27 118% Jan. 21
43% Oct. 10 77% Jan. 21
8% July 27 27 Jan. 14
4 Aug. 22 27% Jan. 10
100 July 26 174% Jan. 1 3
79% Aug. 21 108% Apr. 8
6 Aug. 3 II19% Jan. 14
18 July 31 ll 49 Jan. 1 0
8 July 19 16 Jan. 25
13% July 27 28% Jan. 10
16% July 26 60 Jan. 21
6% July 26 37 Feb. 18
55 Aug. 14 90 Apr. 18
92 July 26 111% Jan. 25
9% July 18 20% Apr. 8
45 July 26 78 Jan. 23
18 July 26 41 Apr. 5
7% July 26 26% Jan. 25
15 July 26 58 Jan. 24
16% July 31 52% Jan. 17
188 Sept. 28 262% Jan. 18
8 Aug. 31 38 Jan. 24
11 July 18 19% Jan. 20
||8 July 27 21% Jan. 23
31 Aug. 18 73% Jan. 23
5% July 31
9% Jan. 10
16% July 19 39% Jan. 23
3% Aug. 19 18% Feb. 14
15% Aug. 16 50% Feb. 0
11 J uly 22 25 Feb. l
25 May 16 49 Jan. 25
32 Aug. 21 84% Jan. 23
7 Aug. 2 25 Jan. 1 0
4 July 26 18% Jan. 21
12 July 29 53% Jan. 25
11% Aug. 2 21% Jan. 24
40 July 27 62 Jan. 24
t% Aug. 10 ||12 Feb. 3
10 Aug. 24 II43 Feb. 0
10 Oct. 5 22 Jan. 25
40 Sept. 6 62% Jan. 28
3% July 31
7% Jan. 18
6 July 26 15 Jan. 18
22 Aug. 19 47% Jan. 18
90 Aug. 24 108 Jan. 30
95 July 27 1 1 6 % Feb. 14
17% Sept. 15 35% Jan. 10
4% July 28 11 Jan. 19
7 Aug. 9 40% Jan. 31
22% Aug. 29 50 Jan. 17
67 Sept. 11 85 Jan. 7
15% July 26 42% Jan. 27
5 July 26 18% Jan. 10
5% July 31 12% Feb. 9
9% July 26: 26% Feb. 7
10 July 26 23% Jan. 17
31 July 27 67% Jan. 17
4% Aug. 16 15% Jan. 23
200

700
130
935
2,567
2,630
279
64,060

24 July 26 51% Mar. 3
35% 36% 34% 3 5 *
50 July 26 84 Feb. 14
Do
72% 7 2 * 6 9 * 71
pref.
61% July 31 134% Feb. 6
9 1 * 9 3 % 88% 9 1 * Am. Sugar Ref. Co
66% July 31 104% Jan. 19
Do
pref.
83% 88% 86% 8 6 *
43 July 31 121 Jan. 3
83
80
80% American Tobacco C o............
‘ 81
75 July 31 110% Jan. 3
98
Do
pref.
98
96% 98
39 July 31 94% Jan. 21
60% 61% 57% 5 9 * Chicago Gas Co., trust ree’ts.
8% Aug. 29 25 % Feb. 7
11
12
* n % 13 Colorado Coal & Iron D evel..
17% Aug. 15 72 Feb. 14
25
*
............
Colorado
Fuel
&Xron
26% 27% 2 5 *
108 July 27 144 Jan. 20
130 130
128% 129* Consolidated Gas Co...............
12 July 31 66% Jan. 3
33 Distilling & Cattle Feed’gCo.
33% 3 4 % 30
30 July 29 114% Jan. 16
4 4 * 4 6 * 42% 44% General Electric C o ...............
17 Aug. 25 ||147 Feb. 10
12 6
2 7 * {24% 26 National Cordage Co.,new ...
t22 Aug. 23 118% Jan. 20
52
55
Do
pref.
{46
148
18%
July 27 52% Jan. 21
2 6 * 2 7 * 25% 26% National Lead Co...................
48 July 26 96 Jan. 20
72
72
Do
pref.
70 sj 70 *
2%
Aug.
16 11% Mar. 29
5% 5*
5 % 5 % North Amerioan Co..... ...........
8 Aug. 28 21% Feb. 3
11
11 Oregon Improvement C o .......
‘8
‘8
27% Jan. 2
8%
July
27
15* Paeiflo M an .............................
*14
15% 16
52% Jan. 18 70% Apr. 8
7 0 * 70% *
70 Pipe Line Certiticates........ .
206
Apr. 12
132
Aug.
1
1 6 8 * 169
169 169 Pullman Palace Car Co..........
62 June 29 84% Jan. 14
*73* 73* *73* 73* Sliver Bullion Certificates....
37%
Jan.
14
10%
Aug.
10
15
15
1 4 * 15 Tennessee Coal & I r o n ..........
59 July 31 102 Jan. 31
Do
pref.
60%
Apr.
18
17
Aug.
17
30
30
30
3 1 * 31% 29% 3 0 * United States Rubber Co___
30
67% July 26 101 Jan. SO
82*
82
81% 82% 8 1 * 82% 8 0 * 8 1 * Western Union Telegraph___
t First laotalaua; p r i t
{ 2 1 instalment paid.
m,
—ia l j .
a
n i i G u oortt.

37
35
35
36
35
36% 3 5 * 36%
70
71
12
71* 71*
70
*71* 73
8 9 * 897e 89% 90% 9 0 * 92% 90% 9 2 *
87* 87*
87% 8 7 *
88%
88% 88% 88
SO* 81
8 0 * 81% 81% 83
81*
81
9 6 * 97
*96
97% 97% *97
98*
5 9 % eo% 59% 61% 60% 61% 5 9 * 60%
*8
ll
*8
11
'8
11
*8
11
26
25
25% 25* *24
*25
26
25
130% 132
131 131% 130 130
*130 231
2 7 * 285» 2 8 * 30
29% 31% 30% 33%
4 3 * 44% 4 4 % 46% 4 4 * 46% 43% 45
* :22% 2 4 * :24
2l% {23% 24
123
25*
60 * [40
55 *;4<J
55 *;40
55
*J45
2 5 * 26% 25% 26
2 6 * 26% 25% 27
72
71% 71% 70
72
72
70% 71%
5*
*5*
5 % 5 * ■ 5% 5%
5% *5
*9
ll
11
*9
11
11
*8
15% 15
14
15
15
15% 14
15
70
70
7 0 * 71
*b‘)%
*69*
*166 170 *166 ” 170
168% 138% 168% 168%
*73* 74
15
14% 15
15% 15% 1 5 * 15% 15
34
*27
81% 8 2 *

6%
19*
15
*25
*30
*5 %
7
15%
*14%
*48%
;j%
*14*

Range of sales In 1893.

THE

O ctober 14, 1893. j

629

C H R O N IC L E .

NEW YORK STOCK EXCHANGE PRICES (Continued) —IN A C T IV E STOCKS.
R a n g e (s a le s) in

O ct. 1 3 .

IH A C T IV E ST O C K S.

B id .

1f Indicates unlisted.

A sk.

1893.

H a llroa d Stocks.
150

A l b a n y & S u s q u e h a n n a .................1 0 0
B e l l e v i l l e & S o u t h . 111. p t e f ......... 1 0 0
B o s to n A N . Y . A i r l i n e p r e f . .1 0 0

Brooklyn Elevated T ................ .100
Buffalo Rochester A I’ Ltsbun

150

19
-.’ 6 %

:

07
P r e f e r r e d ....................... ..................
45
B u r l . C e d a r R a p i d s A N o r . ...........1 0 0
193«
C e n t r a ! P a c i f i c ....................................... 1 0 0
C l e v e l a n d & P i t t s b u r g .................. SO, ; I 4 6 i s
:
5
B es M o i n e s A P o r t D o d g e ---------- 1 0 0
26
P r e f e r r e d ................................................1 0 0
6 'D o A n t h S o . S h o r e A A t l a n t i c * li . 1 0 0
17
.
.
.
U
>
0
F l i n t A P ert- M a r q u e t t e —
P r e f e r r e d ...................................... . . . 1 0 0
3
«%

H o u s t o n i T e x a s C e n t r a l ............1 0 0

2 *4
90

P r e f e r r e d ..........................................
L o u is e . E v a n s v . A S t. L . C o n s . 1 0 0
L ou. N. A. A

— —
14%
33

C h ic .

M exican N ational..
M o r r i s A E s s e x -------

...........
4 7

*
146
, 23
160
105
20
' ......

P e o r ia A E a ste rn .

R e n s s e l a e r A S a r a t o g a ..................
R o m e W a t .A O g d e n s b u r g b —
B t. L o u is A l t o n A T e r . H a u t e ...

163 % F eb.

A ug.

O ct.

IjtAcrrvB Stocks .
j

H ig h e s t,

L o w est.

f t Indicates actual sales,J

f I n d ic a t e s u n lis te d .

B id .

13.

L o w est.

98
J ta v 1 0 2 % J a n .
M iscella n eou s S tocks.
19
A ug,
4 1 H Jan.
2 1 % S ep t.
145
: A d a m s E x p r e s s ..................................... 1 0 0 1 1 0
37
Jan.
70
S ep t.
863eJan.
47
50
A m e r i c a n B a n k N o t e C o IT....................
;n o
45
J u ly
65
Jan.
821s
20%
1 6 % J u ly
29% Jan.
A r n e r . T e l e g r a p h A C a b l e _______ 1 0 0
135
J u ly 157*4 Jan*
B r u n s w i c k C o m p a n y ........................ 1 0 0
4
J u ly
9 \ Jan.
'C h i c . J u n e . K y . A S t o c k Y a r d s . 1 0 0
22
Feb.
24
M a r.
P r e f e r r e d ................................................1 0 0
3
5
J u ly
Ai E lle n s ’ G a s o f B r o o k l y n ............1 0 0
14% Jan.
22
90
11
J u iy
32
Jan. 1
; C o l o r a d o F u e l & I r o n , n r e f .......... 1 0 0
1 4 -4 S e p t.
C o l u m b u s A H o c k i n g C o a l ...........1 0 0 i
23
Jan.
8%
87e
•15
Aug.
C o m m e r c i a l C a b l e ...............................1 0 0
77% Jan.
6
i C o n s o l . C o a l o f M a r y l a n d ---------- 1 0 0
26
31*
E d is o n E l e c t r i o I ll u m in a t in g ...1 0 0 1 9 4
7 %
5
J u ly
14% Jan.
11
June
2 9 Jan. 1
5 I n t e r i o r C o n d u i t & J u s . C o ...........1 0 0
3
7 % M a r . : L a c l e d e G a s ..............................................1 0 0
2% Aug.
14*4 1 4 %
62
86
June
91
Feb.
P r e f e r r e d ................................................1 0 0
58
n %
10
S ep t.
14% Jan.
M
a
r
y
l
a
n
d
C
o
a
l
,
p
r
e
f
...........................1
0
0
5
0
60
5 %
10
J u ly
28
A p r.
M ic h ig a n -P e n in s u la r C a r C o .- .1 0 0
M ar.
9
A ug. . 27
P r e f e r r e d ................................................IC O
■17% F e b .
49
Jan.
M i n n e s o t a I r o n ..................................... 1 0 0
60
15%
9
J u ly
16% S e p t
19
N a t i o n a l L i n s e e d O i l C o ................. 1 0 0
100
100
M ur. 1 0 0
M a r . * National Starch Mfg. C o............ 1 0 0
8
10
105
105
M ay 105
M ay
N e w C e n t r a l C o a t ................................. 1 0 0
9
S
O n t a r i o S l i v e r M i n i n g ......................1 0 0
7
10
136
A ny. 163
30 J
M a r.
9 9 % Aug. 114
.100
Jan.
P . L o r i U a r d C o . p r c f .................
50
June
40
60
F e b . 1 P o s ta l T e le g r a p h — C a b le t].
80*
9
3
A ug,
9% Jan. !
140
J u ly
Q u i c k s i l v e r M i n i n g ..............................1 0 0 !
1 %
156
F eb.
'* 2 %
30
25
A tlg .
4 2 % A p r.
P r e f e r r e d . .............................................1 0 0
.........
l-’ .O
A u g . 179
T e x a s P a c i f i c L a n d T r u s t . . . . . . 1 0 0 ; .........
F eb.
10#
99% A ug. 112% Jau.
V . 8 . E x p r e s s ............................................ 1 0 0 ; 5 1
84
20
A ug.
30
37% M ay
i : 8 . R u b b e r p r e f e r r e d ......................1 0 0 7 4
80
150
J u ly
t 10
150 % M ai
W e i l s . F a r g o E x p r e s s ....................... 1 0 0 1 3 0

1893.

H ig h e s t.

14
8

M ay
M ay

14
17

Jan.

134

A ug.

160

Jan.

| T o l e d o P e o r i a & W e s t e r n ..............1 0 0
T o l e d o S t . L . A K a n s a s C i t y H ............
| V i r g i n i a M i d l a n d ................................. 1 0 0

20%
26%

1No price Friday; latest price this week.

R a n g e (s a le s) in

A sk.

May

100 "A u g .
65*3 A u g .
4
Juno
80
M ay
93% Jan.
55
S ep t.
80
June
5
J u ly
180
F eb.
26
M ay
71% A ug.
40
A ug.
9 % Aug.
43
A ug.
25
Jan.
55
A ug.
9 2 % S ep t.
77>3 A u g .
61
M ar.
14% ) J u l y
6
J u ly
6
A ug.
7
S ep t.
200
Juno

120% Feb.
92>a Feb.
9% Apr.
108 Jan.
93% Jan.
109 Jan.
I l l ' s Jan.
293s Jan.
1S5 Mari
31 Jan.
131 Feb.
71 Jan.
26 Jan.
74% Feb.
25 Jan.
67 A p r.
10 0 's Jan.
1 0 0 % Jan.
69% Jan.
41 Jan.
34% Jan
11% Jan.
19 A p r.
300 Mar]

82 "F eb
13% M ay
2
M a r.
12
M a r.
7% O c t
45*3 A u g .
51
A ug.
125
A ug.

83% F e b ’
10% May
3 % Fab.
20 Feb.
13% Feb.
70% Jan.
99 Jan,
150

A p r.

1 A c t u a l s a le s .

NEW YORK STOCK EXCHANGE P R ICE S.-ST.4Ti; BONDS O C T O B E R IS .
8EUCP.ITIE3.

Bid.

A l a b a m a —C l a s s A . 4 t o 5 ..........1 9 0 6

97

Class B. 5 * ........................... 1906 lo o
C l a s s C , 4 s ......................................1 9 0 6

Currency fu n d in g 4 »-----....1 8 2 0

..........

A r k a n s a s — 6 s . fu n d . H o t .1 8 9 9 -1 9 0 o

88

125

d r. Noji-Holforti
i
Central K i t ................
2
Louisiana—7 s , con s.............. . .191-1 108
7 s, A rkan sas

N e w COBQts. 4 s ..............—

1911

92

M issouri—Fund............. 1804-1995' 100

Ask.
102
105
95

97

190
12

10
95

S E C U R IT IE S

.Yew York City Bank Statement for the week ending June
10, 1808, to as follows.
"
‘
'
~
Ba

s k

*.

(0 0 ft o a j t t e A i

C a p ita l S u r p lu s

Bank Of New York. 3,600,0 2,1*7.4
Manhattan Co......... 2 ,050,0 1,869.8
M erchants'............. 2,000,0 1.018,#
M ech an ics'............ 2,oOO,i> a , n e , 7
America................... 3,000,0
ehonU ..................... 1 ,000 ,0 !
C ity.......................... l.ouO.O; 2 ,8 3 3 ,7
Tradesmen's............
750,0
Chemical.................
300.0, 7,221,4
I t 0 ,0
Marehaats* E xeh'gr
SfiO.Oi
Gallatin national
1 ,000,0
Batchers’A U tnVi.
800,0
4 41,1
Mechanlr,' A Trad's! 400,0'
Greenwich____ ____ | 20 0 ,0 ; 172.0
670/2
Leather stanaf*- r»
eoo.ti!
121*6
■Seventh KadenaL-.I 300,0
5 0 8 ,2
State of New York.; 1,400,0
* nserican Exeh'ge..: 3.000,0 2.272.0
C om m erce....... — i s.ooo.oi 3 ,8 0 4*3
Bread war__ ______ l.tmO.O 1.014.1
Merraotllr.......... .
l,i>00,0 1,13***4
4 6 9 .0
Pacific......................
422,7
Republic........1,400,0
Chatham................... 1 450,0
m ,
336.0
People's...................
200,0
North America.......
7i* j,(i
638.2
H anover.,............ . / 1*000,0 1,«95,1
318.8
Irvin#, ....................... : £ 00,0
471.2
CitiXOBA’ .........................600,oj
RMMII........ ...
..... .
$00 ,Oi 288.1
824.5
Market & F u lton -760,0
m , KlcholaM*.. . . . . . . .
500,0
277.8
Shoe A Leather.....
500,0
Corn £ xe&ange.. ... ■ 1 ,000,0 1,283*6
Continental........ . J 1 ,000.0
O dessa!-.............
300,0
431.7
I m porters' <& Tra<Pa, 1.500.0 5,798,3
Park*............................ 2 ,000,0 3.094.5
144.9
R iver.. . . . . . . . .
250*0
Fourth :%
3,200,0 2.022.6
606,1
Central National.. . . 2 , 000,0
•gettmd N ational....’ 300,0
534.7
348,8
Klntl? National.....
750,0
First National.......
500,0 7,330,0
Third Nationai....... 1,QUO,.0
N.T.Nat. B*ehft&gt
300*0\ 168.8
549.4
B a w e r j .. . . . . . . . . . . . .
250,0
Few Y ork County.. ■ 200,0j
German-Amerteas*.; 750,0? !!?:§
NatlotiaL.....
000 ,0 i
Fifth A r e n M ........*
1 0 0 ,0 ! 984.0
German Kzchange..
20 0 ,0 } $99*2
689.2
0 arma»ia.........
200,0
0 nSfeed 8 sat®3 . . . . . . .
500 ,0 j
543.5
Lincoln..........
300*0]
438.6
&arfi*Ml........*...... . . 200,0 i
481.1
FiHi* National ...... i 200 ,0 !
Bank of the M etric I 300.6
?il*i
W est S id e ........ ...
200,0
290.3
234.2
t e c t u m ,i::r .
88$

f
L o a n s , : S p ecie .

n,loo,0

1 2 * 6 7 7 ,0
8 .2 7 7 .4

*
1 .7 7 0 .0
1 * 3 4 2 ,0
1428.3

701.0
Ml?
43.1
2.382.5 40,0
306,9 23*3503)
,m o
318,3

8.173.0
14,459. S
3.835.0
14.480.6
3.443.0
5*303,7
1.687.6

ff t ?
217.0

L e g a U . O fjfo e i’. t .
%
$
940.0
9.880.0
2.480.0 13.679.0
1.332.1
8.284.2
903.0 6/244,0
1.979.0 13,700/3
$04.0
3/328,0
1.081.0 10,280,3
2.481.0
301.5
2.097.0 21.053.0
823.2
574.3
3 0 1 .3
1.832.0

3.6
.99
01
2.5
.3
4

1.200.5 319302.0.3 I t s
242.3
2 .5 1 3 .0

252.3
104.1
3 *3 0 5 .2
57,8
495.4
18.753.0 1.015.0 1.234.0
18.310.1
7 2 5 ,9 1.569.5
5,004*0
470*8
7.183.8 772,8
$43,6
'2,908,0
610.8
0,680,9
1.082.5
6.148.8
0 9 8 .6
1.090.7
308.4
5.151.6
423.6

1
1,.,010,3

13
,002,4
2 .0 7 6 .0

1.252.1
333.9 f
417.8

2.084.3
2.670.4
2.201.1
2.638.0

440.0

w estern N ational..

*r rstNut., Br'kiyo.
Boa Viera National..
............ — —

2 .,
300,0

1,000.0

i8 ;$

8
42.4
192,0

3.199.1
2.591.7

2.975.8

!:? !!;!

8.5 26."

87.4

4 ,5 7 7 , „

2.353.5

559.0

270.0
3,172,5
1,160,8
2 5 6 ,6

617.0
102.0

2.040.0
0,000,5
2.520.0
4.272.0

i4*848,0
m
Itl
3,268,6
300,2

8 0 .S 2 3 .7 7 1 .5 M .S 4 U , 4 W , r < W . S m , A 4a.B2H.O • «lg,O T 8*6

*N0T E.-N 0 detailed 1 totem sot baa been tuned since Jane 10,

S E C U R IT IE S .

30
10
j
2%
5
93
97
120
115
100
1%
2

CM. n e w b o n d s . . . . . . 1 8 9 2 * 8 - 1 9 0 0
< 10
n e w a e d e a . . . . ____
C o m p r o m is e , 3 4 - a - 0 e . . . . . . .1 9 1 2
.1 9 1 3
5 s ........................................................... - 1 9 1 3
3 a ...........................................................
V ir g in ia fu n d e d d e b t , 2 -3 » ._ .1 9 9 1
6 e. d e fe r r e d b o n d * .. . . . . . .
fi» , d e f e r r e d t’e t r e o ’ le , s t a m p e d .

B id .

A ak.

60
**
00
60
70
100
105“
100
105
67
09%
51 % 5 2 ia
5
7
6
5

Miscellaneous and Unlisted Bonds.— Stock Ex, prices,
llla eetin n ea u e liouds.
P e o p le 's » a « A C .j 1 stg. ds. 100 b.
Co., C h ica g o....5 2d g. B«. as b.
Pleas. Valley Coal -1 st g. 6a.
C o n s o t 'n C o a l—C o n v e r t . « » . . . : 1 0 D b. Proctor A Gamble—1st g. 6s
C o n s -O a a C o. .C h t & — l e t g a . S « ;
v s b •Sunday Crook Coal ls t g ds..
........
Benr. C. Wat-Wka— Uon
Western Union Telex,—1. , 109 b.
B et Gai oob. 1st 9a............... j an a. W heoLL.E&P.Coat-Iatg So
f i u t R i v e r l i u 1 s t g. S a ..........
8 7 ‘, h .
U n listed B onds.
K.Uaon E le c . 1 II. Co. - 1 s t S « .! lo ts n. .Via. ,4 Vinks.—Consol. 5 s ,g
Vicks. ,y Merit!.1st B« ......
E.iOltable G. A F .— l e t « » . . . .
9»%a.
! Allan la A Chari.—1st 7»___
H en d erson B r t d x e - le t * . d - .
H o b o k e n L a n d A t m p . - g . Sa
Comstock Tnunol—Ino, As..
5 b.
Goo Pa 1st «e g. c ite.......
M lc k -P o u to . O r 1 st J s , * . . . .
90 b .
V‘*1 taort incom e...... .........
M n u t k l Union T e t e g . —B ,
10.1 Hil.
National Starch Mfg —tatda. P2 b. ConsoL 6s. g. e t f s ............. 3 5 b
.'• o rth w e a to r n T e le g r a p h —7 a. 1 0 7 o ' )
Ineomo 5s. ctfs...................
9 b.
P e o r i a W a t e r O o » —8 « . g
100 a. Main.ifcChttrleston—Con. 7 g
J lln c e ila n e o u e

B ond*.

1

Ch. Jito.A S, Yd*.—Coi.t.g ,5*. .....
Colorado Fuel—Gen. Hr......... I ......
Cot. A Hock. Coat A ! . - « * , * . 1 ......

•tOMlon,*

S -p t 23 .. 64*613,9 U 9,728,4 8.767,7! 6.103,8 127,184,1 9,3 20.9 70,192.6
2.871.5
64,042,9 150.241.0 9,171,*1 3.000,5 126.458.5 9.308.0 05,510.8
4.151.0 fMn[ 7 ' ' l l 84,0-42*9 150*431,2
3,843,7, 7,049,2 132.745.6 9,338,6 9 0 ,^ 4 3 ,3
2.340.4 Plil la .*

306.8 1:111:1
Sf?;
3,229,1 1.082.1 If,245,0
69-8.2 0,157,5
0 8 8 ,7
w
3.224.0
2 .8 5 8 .1
604,.5
2 .8 1 8 .4
354.8 3.295.9
02,7
4.852.8
5.005.4
471.5

6
.285.8
1*208,3
442.8
4 .0 1 8 .9 him,
202.6
1 ,8 6 1 ,0
078,4
855.0
705.0
5
2,290,0 413.0 2H8.C

A sk.

2.605.0
1.138.4
2.532.8
N o i b , —" 9 " in d ic a t e - ) p r i c e b i d ; " a " p r i o e cu k eA . * L a t e s t p r i c e t h la w e e k
1.739.2
2.463.6
New fork C itj, Boston and Philadelphia Banks:
1 2 .1 2 1 .0
11.003.8
Capital A
4.390.6
BANKS. Surptm .
Lmm,
SvtcU . \ Lwnle. DepotU*. 1 C ircT n
0,507,5
3*383.9
*
$
$
S
$
10.434.2 Sept.
132.017.5 398,909,2 30,2«0,9 27,152.1 370,787,7 112004 398,788,2
6.237.1
• 10.... 142.017.5 30t88>,8 73,4S#,M Hi,433.2 377,273,6 127234 446.862.5
2,887/2
• 23 ... 132.017.5 392.145.0 73.«62.i:JI,93»,3 38
47,0 136103 4 1 1 .8 6 6 ,7
4.745.3
" 3 0 ,... 144.017.5
«0,7a«,2 U,«i7;i,t 300,98.1,4 143956 420.624.6
14.524.9 Oet. 7 .... 132.017.5 304.494,4
393,341,8 74,372,7 11,305,0 100,195*0 140400 514,214/2
2.548.0

309.4
151.9 4.170.1
389.2
674.0
7
.8
5
8
.2
837.0
271.4
481.0
7
,8
604.7 M *
20,540,0 4.253.0 3.398.0
22,141.
2.191.0 25,145.,
0,01
8
.$
98,5
2
4
2
.3
999.2
18
.3
80
.6
704.0 15.040.3
3.008.1
7
,0
©
$
,0
913.0
007.0 7.403.0
5.077.0 8 3 4 .0
724.0 6.977.0
3.060.3 435.0 820.0 3.639.5
2
0
,6
0
2
,3
1.435.2 2*837,1 17,701,6
130.2 5.010.8
1,3 07.5
6.239.0
1.0
,46
90
0,2
90,4 283.4
228,2 1.360.3
3
.0 518.0
392.0
8/265,0

2,198,7

B id .

N o w Y o r k - 6 s , l o a n . . .. . . . . . . 1 8 9 3
N o r t h C a r o lin a — 6 a , o ld
F u n d i n g n o t . .................... ...........l s i o o
N e w b o n d a , J & J ............ 1 8 9 3 1 8 8 8
C h a t h a m K l i ...................
S p e c i a l t a x , C l a e s 1 ..
C o n s o l i d a t e d 4 a .............. ...........1 9 1 0
6 s ................................................
R h o d e Is la n d — 0 « , e o n ., 1 8 9 3 4 8 9 4
S o u t h C a r o lin a — 6 » ,n o n -t u n d .1 8 8 8

94.370.0 5.763.0 54,539,0
35.793.7 102, HO,o
25^33,0
3 0 ... 35.703.7 101.260.0
94.104.0 5,807*0 52,990*3
2S,n3i.O
f *ot 7 .... 35,810,3 101,844,0
93.808.0 5.836.0 62,497,2
*8,121,0
. * O c om it t. m ciphers) in a U th w c figure*, t Including, for Boston and FMlaj
aeipbfA, the Item **du« to other banits/’

Bank Stock L ist.- -Latest prices of bank stocks this week,
C
|Bid, A»k..: BANES. Bid.
B A N K S . 5 B id . A sk
... 100 Gallatin...... 205
A m o r i c a ........
X.Y. Go’ uly
A m * E i c h . . . ]U7% 130 ! Garfield...... 200
N.V.Nat. S.A 110
B ow ery......
110 ...... jj fi lath........
■
B r o a d w a y . . , 200 250
19th Ward.. i l o
German Ex..
B u t « h * ’ «fcJDr 170
Germania.... 300 ... ! N. A m e r i c a . i$ 0 180
ce tU a m t. . . . . . U8
125 y reeavrtch.. LOG
Oriental. . . . 2 It) 250
C b a e o . . ......... 460
Hanover.....
310” Pacitic....... 175
,H» 100 Jlueu Elver,. 160
Park,.......... 265 302
3800 4800 : I tw. & Trail’s' 560 590 People’s ....
.
L80 180 Plieaix...... IL S " 125*’
400
c u f c in * '..
HO Leather Mr*' ‘210 240 Prodrice Ex.
..... H e p till l i e . . . . 150 1 8 0
.. .. 276 Lincoln — ..
( >111mere©.. ISO 108 Manhattan.. 170
Seaboard... 173
0£ Qllnen tal 126
MarkeUfc Pul 2) 240 Second...... 300
..... Mechanics' i« i 180 Sevrentli.... 125
O m B Exch. . 250
Oepoalt..... .....
M’oba’ <6Tra* 150 200 ShoCtfc Be'th 100 120
East Elver. . HS
Mercantile.. 2lo 220 SI. Nicholas.
ini**
- 1 th Ward,. . 200
Merohanta’ . - 140 165 Son them. ..
Fifth Ave. . 2000
Mtrch’te Ex. 115 130 Stateof N.Y. 103 lie
Fifth*......
...... Metropolis.. 450 QUO Third ......
Tradesra'u's
rim.,....... I 25*06'
Mt. Morris..
Oil'd States
First N., 8.1 . 110 115 Murray Hill
14th Street.
Vasaan........ ISO 130 Weetcrn ...
?o a rth
. leshi 205 New York... 215 235 West Side..
“

b a n k

r

THE

630

CHRONICLE.

[V oi». L'V II,

BOSTON, P H IL A D E L P H IA AND B ALTIM O R E STOCK EXC H AN G ES.

Active

8tocks.

I Indicates unlisted.
Atoll. T. & 8. Fe (B o s to n ). 100
Atlantic & Pac.
“
100
Baltimore & Ohio (B a lt.). 100
lstprererred
“
100
2d prelerred
“
100
Baltimore Trac’n.(P h il.). 25
Boston &Albany (B o sto n ). 100
Boston A Lowell
“
100
Boston & Maine
“
100
Central ol Maes.
“
100
jr Freierred
.
«
lo o
Chio.Bur.&Quln.
“
100
Chic. MU. & Bt. P. (P h i l.). 100
Ohio. & W. Mich. (B o s to n ). 100
Clove. & Canton
“
100
K Prelerred___
“
100
Fitchburg pref.
“
100
Hunt. & Br. Top. (P h ila ) . 50
Preferred
“
50
Lehigh Valley
“
50
Maine Central (B o s to n ). 100
MetropoUtan Trae,.( P h il) .100
Mexican Cent’lf . B o sto n ). 100
N. Y. AN. Bug.
••
100
Preferred___
“
100
Northern Central (B a lt.). 50
Northern Paolllo (Phila.).100
Preferred
“
100
Old Colony___ (B o s to n ). 100
Pennsylvania.. (P h ila .). 50
PhUadel. & Erie.
“
50
Plula. A Reading
“
50
Philadelphia Trao. “
50
Summit Branoh (B o s to n ). 50
Union Paoihc
“
100
United Cos.of N. J. (P h ila . )1 0 0
WesternN.Y.&PafPASa.j.lOO
Slta ceU a n eu n a S lo c k s .
Am. Sng’rRettn. If (B oston) .......
Preferred........
“
BeU Telephone..
100
Bost. & Montana
25
B u tte* Boston..
25
Calumet A Hecla
25
Canton Co.......... (B a lt. 1.100
Consolidated Gas
“
100
Erie Telephone (B o s to n ). 100
General Electric.. “
100
Preferred.......... “
100
Lamson store Ser. “
50
Lehi’h CoalANav. 'P h il.) 50
N .Eng. Telephone ( B ost’n ) 100
North American. (P h il.). 100
NVest End Land.. (B ost’n ) __
* Bid and ashed prices;

S h a re P ric e s — n o t P e r C e n tu m P r ic e s .

r r

Saturday,
Oct. 7.

Monday,
Oct, 9.

193s 20 i8 19
19*8
*2
*2i0 2%
70
f........ 70i* *68
r........125
........125
‘ ..........125
r........ I l l
........ I l l
*........ I l l
17
17
17
16% 16% 17
19% 193i
*2% 2 4

200

200% 200

201

200

Wednesday, Thursday,
Oct. 11.
Oct. 12.
18% 19%
68

68

167e 16%

200% 200% 200%

>178 ........ 1781*........ 181 18 L ........ 181
152 155
‘ 156 ........ 156 1571* 155 156
*14
15
14
14
*14
15
*13% 14%
’.......... 50 ........ 50
‘ .......... 50
, 82% 82% 82% 83i* 813* 82% 80% 81%
59% 60
60% 6050 59% 60% 58% 59%
*% .
%
*4
2%
3
3
*79 .
*78%
37
35% 35*2
49%
49%
32% 32% 32i* 32%
114
113 114%
90
90
"9T 4 917s
7i0
7%
7%
*7
28%
28% 29
28%
69
69
68
”6 9 " 69
718
6i0 7
7
21
*20% 21
21
171 173ia 174 174
50% 50*2 503a 507g
1
25
9i*
9% 9716
95ie
164
67%
68’-* 69
*5 ........
19
19
18% 1878
222

*4H

222

4%

*4% .

*% .

*2%

*79

* % ......
*2% 3
*78% .......

.

49%
32%
114
91
r........
28%
r........
67%

49%
32** 31% 32
114
........114
90%
91% 90
7% 7%
7%
28% 26% 2 7%
69
........ 69
67%
6%
6%
6%
6%

20%

20 34

20

174 175
175
50% 50% 50%
........
87i6 9
8°io
66% 67
67%
6%

6%

20%

175
5034
25
8&ie
68%

16% 18%

16% 17%

*4%

"4

222% 222% 222% 222%

4%

4%

19

Friday,
Oct. 13.

Sales
of the
Week,
Shares.

Range of sales in 1893.

Inactive Stocks.

Bid.

Ask.

85
Boston & Providence (Boston). 100
Camden&Atanticpf. (P h ila .). 50
20
25
Catawissa..................
“
50
5
1st preferred........
“
50
50"
50
2d p re fe rre d .......
“
50
50
Central Ohio............. (B a ll.). 50
Chari. Col. & Augusta
“
100
Connecticut & Pass. (Boston). 100 120 121
Connecticut R iver...
“
100 220
Delaware &Bound B v .(P h ila .). 100
Flint & Per© M arq... (B oston ). 100
Preferred................
“
100 40
48
Har.Ports.Mt.Joy&L. (P h ila .). 50 SO
Kan. C’yFt. 8. & Mem. (B oston ). 100
Preferred................
“
100
K. City Mem. & Birm.
“
100
8% 12
Little Schuylkill....... (P h ila .). 50 62
65
Manchester & Law.. (B oston ). 100
Maryland Central___
(B alt.) 50
Mine Hill & 8. Haven (P h ila .). 50 65
66
Nesquehoning Val__
“
50 51%
Northern N. H........... (B oston ). 100
North Pennsylvania. (P h ila .). 50 SO
Oregon Short Line... (B oston ) . 100
Pennsylvania & N. W. (P hila.) 50
47
Rutland...................... (B oston ). 100
Preferred................
100
Seaboard & Roanoke. (B alt.) l o o
1st preferred.......... ,
“
100
West End................... ,(,B oston) . 50
56% 57
Preferred................
“
50 77%
West Jersey............. (P h ila .). 50
54%
West Jersey & Atlan.
“
50
Western Maryland..
(B a lt.). 50
Wilm. Col. & Augusta
“
100
Wilmingt’nA Weldon
“
100
Wisconsin Central... (B oston ). 100
Preferred..............
“
100
Woro’st.Nash.&Roch.
“
100
MISCELLANEOUS.

18% 19% 23,573 12% July
36% Jan.
H&,6 Aug.
4% Jan.
*68 . . . .
238 56% July
97% Jan.
*120 125
>........ 125
Feb.
,125
Sept.
13,135
......... J
' ........ I l l
*110 115
jllO Aug. 29,122 Jan.
17
17
16% 16%
1,0811 16% Aug. 1! 29% Jan.
201 201
201 201%
129 195 July 26 227 Feb.
p........ 181
12 170 May
200 Feb.
152 155
152 152
431 130 Aug.
178 Jan.
*13% 14
13% 13%
110 10% July
22% Feb.
48
48
50 46 Jan.
62% Feb.
803s 81% 78% 81% 21,891 69% July
103% Jan.
59% 59% 57% 58% 25,115 46% July
83% Jan.
49% Feb.
26% July
50c. Sept.
6 Feb.
2% 2%
2%
220
2% Sept.
19% Feb.
80
80
79
80
12 69 July
95 Feb.
40% Jan.
73 29 July
13 46 Aug.
56 Jan.
32% 33
32% 32%
2,115 29% Aug.
62 Jan.
113% 113%
9 112 Aug.
130 Feb.
90
91
89% 90
4,584 69 Aug.
150% Jan.
7% 7%
7
7U6
5 June
590
13 Jan.
27% 28% 26% 27%
5,810 17 July
52 Jan.
64
64
........ 69
102 Jan.
100 44 July
*67
63
5 66% July
70% Jan.
6%
6%
6%
6% 3,993
3% Aug.
18% Feb.
21
21
19% 20
89 3 15% Aug.
50% Feb.
174% 175
221 Feb.
97 165 Aug.
50% 50% 50% 50%
3,479 46% July
55% Jan.
*22
35 Jan.
20 Sept.
8% 813,6
8
8% 30,027 6 lie July
26% Jan.
68% 68%
67
142% Feb.
3,716 58 Aug.
68
5 July
100
9% Apr.
17% 18% 15% 173s 20,318 15% July
42% Jan.
2 2 2 % ......... 222% ,
232% Mar
32 216 Aug.
*4% 4%
*4
■4 %
3 ^ July
7% Jan.

•35 •50
8% 9%
3%
2%
10

2%

11

3%

180
167%
106
130

56%
1%
$ And accrued interest.
1 i-a
56

Ask

134% Feb. 6
104% Jan. 19
212 Jan. 27
34% Jan. 16
12 Jan. 17
320 Jan. 21
72% Jan. 18
65 Apr. 10
50% Jan. 16
114% Jan. 16
119 Jan. 18
26% Feb. 20
54% Feb. 2
61% Jan. 20
11% Jan. 23
18 Jan. 4

B on ds.

Bid. Ask.

Perkiomen, 1st ser., 5s.1918, Q—J
Phila.&Erie gen. M. 5g.,1920, A&O
Gen. mort., 4 g .......1 9 2 0 , A&O
Phila & Read, new 4 g., 1958, J&J
1st pref. income, 5 g, 1958, Feb 1
2d pref. income, 5 g, 1958, Feb. 1
3d pref. income, 5 g, 1958, Feb. 1
2d, 7s...........................1893, A&O
Consol, mort. 7s........ 1911, J&D
Consol, mort. 6 g ........1911, J&D
ImprovementM. 6 g., 1897, A&O
Con. M.,5 g.,stamped,1922,M&N
Phil. Read. & N. E. 4 s............ 1942
Incomes, series a ................. 1952
Incomes, series-B .................1952
Phil. Wilm. & Balt., 4s. 1917, A&O
Pitts. C. & St, L., 7 a .... 1900, F&A
Po’keepsie Bridge, 6 g. 1936, F&A
Schuyl.R.E.Side,lst 5 g.1935, J&D
Steuben. &Ind.,1st m. ,5s. 1914, J &J
United N. J., 6 g ............1894, A&O
Warren & Frank.,1st,7s,1896,F&A

100
110
99 1 0 0
66% 0634
2 9 4 29%
18
18%
15%
15

B on d s.—B a l t i m o r e . ___
Atlanta & Chari., 1st 7s, 1907, J&J
Income 6s.................. 1900, A&O
Baltimore Belt, 1st, 5s. 1990, M&N
Baltimore & Ohio 4g., 1935, A&O
Pitts. & Conn., 5 g ...l9 2 5 , F&A
Staten Island, 2d, 5 g.1926, J&J
Bal.&Ohio S.W.,lst,4%g.l990, J&J
CapeF.&Yad.,Ser.A.,6g.l9 L6, J&D
Series B., 6 g ............... 1916, J&D
Series C., 6 g ............... 1916, J&D
Cent. Ohio, 4% g ............ 1930, M&S
Chari. Col. &Aug. 1st 7s.1895, J&J
Ga. Car. & Nor. 1st 5 g ..l9 2 9 , J&J
North. Cent. 6s............... 1900, J&J
6s.................................. 1904, J&J
Series A, 5s..................1926, J&J
4% s............................. 1925, A&O
Piedm.&Cum.jlst, 5 g .1911, F&A
Pitts. & Connells. 1st 7s. 1898, J&J
Virginia Mid., 1st 6 s ...1906, M&S
2d Series, 6s................ 1911 M&S
3d Series, 6s............... 1916, M&S
4th Series, 3-4-5S.......1921, M&S
5th Series, 5s..... ........1926, M&S
West Va C.
1st, 6 g.1911, J&J
West’l. N.C. Consol. 6 g.I914, J&J
Wilm. Col. & Aug., 6 s.. 1910. J&D
MISCELLANEOUS.
Baltimore—City llall6s. 1900, Q—J
Funding6s........... ....19 0 0 , Q—J
West Maryl’d RR. 6s. .1902, J&J
Water 5s...................1916, M&N
Funding 5s.................1916, M&N
Exchange 3%s............1930, J&J
Virginia (State) 3s, new. 1932, J&J
Chesapeake Gas, 6s.......1900, J&D
Consol. Gas, 6s..........,...1910, J &l>
5 s.................................. 1939, J&./
Equitable Gas, ft* -- ..iQ ia , A&O

123
115

100

96
20
111%

105
103

106

103
111% 112%

99
97
97
95
108% 109%

104% 104%
90
90
90

99%
85
108
110
106%
........
90
108
106
10534
102

100
86
110
108
105
100
108%

9 3 ^ 95
103-4 104%
83
85
1104
1084 110
1 0 s 110
111
116%
98
5134
104
108%
97
105

■H

25
167
100
128

2%
5%

Bid.

20% 21%
Westing. Electric___(B o s to n ). 50
B on ds—B oston , _
70%
At.Top.&8.F.100-yr.4g.,1989, J&J
2d2%-4s, g., ClassA..1989, A&O 38% 39
113
Burl. & Mo. River E xen pt 6s,J&J
Non-exempt 6s........... 1918, J&J 101%
Plain 4s........................1910, J&J $187% 90
Chic. Burl. & Nor. 1st 5,1926, A&O h o o
99
2d mort. 6s.................1918, J&D
Debenture 6s..............1896, J&D ....... 100
Chic. Burl.& Quincy 4 s. .1922, F&A ft 87%
Iowa Division 4s.......1919, A&O
85
Chic.&W.Mich. gen. 5s, 1921, J&D
94
Consol, of Vermont, 5s. 1913, J&J
80
Current River, 1st, 5s..1927, A&O
Det. Lans.&Nor’n M. 7s. 1907, J&J
Eastern 1st mort 6 g.,.1906, M&S
P ree.Elk. &M. V.,lst, 6s.l933, A&O
Unstamped 1st, 6s___1933, A&O
K.C.C.&Spring., 1st,5g.,1925, A&O
K C. F.S.&M. con. 6s, 1928, M&N
K.C. Mem. & Bir.,lst,58,1927, M&S
K.
C. St. Jo. & C. B., 7 s..1907, J&J
L. Rock&Ft. S., 1st,78..1905, J&J
Louis.,Ev.&St.L.,1st,6g. 1926,A&O 100
2m., 5—6 g ........ ....19 3 6 , A&O
Mar. H. & Out., 6s.......1925, A&O
Exten. 6s.................. 1923, J&D
Mexican Central, 4 g ... 1911, J&J
1st consol.incomes, 2 g, non-eum.
2d consol, incomes, 3s, non-cum.
N. Y. & N.Eng,, 1st, 7s, 1905, J&J
1st mort. 6s...... ......... 1905, J&J
2d mort. 6s.................1902, F&A $t98
Ogden. &L.C.,Con.6s...1920,A&O " 103
Inc. 6s....................................1920
108
Rutland, 1st, 6s........... 1902, M&N
2d, 5s......................... 1898,F&A
B on d s.—Philadel ih ia
Allegheny Val.,7 3-10s, 1896, J&J
100%
Atlantic City 1st 5s, g., 1919, MAN
Belvidere Del., 1st, 6s.. 1902, J&D
112
Catawissa, M., 7s........ 1900, F&A
115
Clearfield & Jeff., 1st, 6s. 1927, J &J
Connecting, 6s........ 1900-04, M&S
121%
.
Del. & B’d Br’k, 1st, 7s. 1905, F&A
Easton & Am. lstM.,5s. 1920, M&N
i
l
l
"
Elmir. & Wilm., 1st, 6s. 1910, J&J.
Hunt. &Br:dTop,Con.5s.’95,A&0 99% :
Lehigh Nav. 4%s.......... 1914, Q—J 104% .
2d 6s, gold.................. 1897, J&D 108
General mort. 4%s, g. 1924,0—F
Lehigh Valley, 1st 6s... 1898, J&D i0 7 "
2d 7 s . . . . . . . .................1910, M&S 126
Consol. 6......................1923, J&D 119
North Penn. 1st, 7 a . 1896, M&N 105
Gen. M. 7s............. .....1903, J&J 123
Pennsylvania gen. 6s, r..l910, Var
Consol. 68, c
...........1905, Vr.r i l 5 ’
Consol. 5s, r ................. 1919, Var 111% ]
Collat. Tr. 4% g ..........1913, J&D
Pa. & N. Y. Canal,7s... 1906,J&D
Pa. & N. Y. Ca„ con. 5s. 1939. A&O .........110

16
14
27
13
18
24
6
6
26
14
14
21
23
3
3
3
6
12
9
27
6
28
16
17
13
23
6
6
6
27
16
2
8
12
27
13
24

if
\r-l

ALLouez Mining........ (B o s to n ). 25
Atlantic Mining........
“
25
City Passenger R R ... (B a lt.). 25
Bay State Gas............ (Boston!). 50
Boston Land.............
10
Centennial Mining...
10
Fort Wayne Electric^]
25
Franklin Mining.......
25
Frenchm’n’s Bay L’nd
5.
Huron Mining............
25
Illinois S t e e l...........
100
Kearsarge Mining___
25
Morris Canal guar. 4. (PAiia.).lOO
Preferred guar. 10“
100
Osceola Mining........ ..(B o s t o n ). 25
Pullman Palace Car..
“
100
Qalnoy Mining..........
41
25
Tamarack M ining....
“
25
Thom. E urop. E.WeldH
“
100
United Gas Impt.
(P hil.)
Water Power... ...(Boston). 100

Inactive stocks.

Highest.

Lowest.

19%

90
9078 90% 92% 90% 92% 91% 93% 88% 91% 42,989 62 July
893a 90
883s 8830 87
88
88
971 66% July
86% 87% 87% 875e 88% 88% 88
190% 191
190% 192
190 191
191 191
462 166 July
189 192
'187% 188
22%
21% 2134 22
22
22
22
22
21% 21%
22
%2
845 15 July
7% 7%
750
7% 7%
7% 7%
5 July
73a 73s
7% 7%
7% 7%
272% 272% 272% 272% *274 276
275 275 *270 275
38 247 J-uly
*60
65
65 May
*55 ___
376 50 July
58
58% *57
*57% 58
57% 57% 57% 57% 57%
57% 58
42% 42%
43
41
4L
230 36% Aug.
42
43% *11% 42% *42
43
44
43% 44% 45% 46
5,110 33 July
43% 41% 45% 46% 44% 46
*66
___
72%
72%
*72
75
70
70
73
73
22 44: Aug.
*70 .. . .
*17
18
*17 ........
18
18
18
18
176 12% July
*17 ...
18
18
49%
49%
253 46% Aug.
49% 49%
49
49% 49
49% 49% 49% 49% 49%
*52
52
52
10 47% Aug.
*51
53
*51 ...
*51 ....
5% 5%
5% 5%
2% Aug.
5% 5%
*5% ...
365
5% 5%
-514 ....
13% 13% 13% 13%
13% 13% *13 ...
9% July
260
1314 1314 *13 ...
no sale was made. tEx riglits.

P rices o f October 13.
Atlanta & Charlotte (B a lt.). 100

V Unlisted.

Tuesday,
Oct. 10.

99
52

109
99

THE CHRONICLE.

October 14, 1893.1

631

.NEW YORK STOCK EXCHANGE PRICES (Continued.)—AOZTClg B O N D S
K i i U .o ,
“

Utos'ng Range (sates) in 1893
MiBCIH- BOSDS. In u r'ii Price ------|---------------------------<P<riotl.U)et. IS.
Lowest,
aiy/u^i.

114% Jan.
tt.< fe b .
57% Jail.
57 Jan.
71% Jan.
11% Jan.
120% Mar.
107% Feb.
103% Jan.
70% Jan.
116 Mar.
122 Feb.
112% Apr.
110 Jan.
100 Apr,
109% Feb.
109% Jaa.
118 Feb.
106 Feb.
85% Feb.
'82% Feb.
80 Feb.
101 Fell.
CJile. Burl. & Q .—C o n .,78 .1 90 9 J A J 1 17TS 108% July 131% Apr.
Debenture,5&...................1913-M it ft 97 b. -J
auk . 102% Jan.
Convertible 5 s . ... ........... 1903 .M a s 99
3 9 % J ..iy 108% Jam,
D enver Olvim on,**....... 1922 F A a 87 b. 87% sept. 91% Jan.
N ebraskaS xU n siou,4a. 192741 A-ft 34%
79% At»g. 83% Jan.
C h k '.A & U L -l* M .I ,,6 * .1 9 0 7 J A u 112
108 .la.:. 116 Apr
C ousoL,6g........................1934 A A ..1 1 5
n .
.
123% Mar
General consol. U t,5*..19 37-M A S :•■>%
93% .w .-, 103 Apr
C h ie » g a * i3 r t e -l* t ,5 g ...l9 8 2 .M A » . 91 b. 87 July 103% Feb. 1
In co m e ,5*........................in-,* <.••- o r 3u
20 July
14% Jan.
Cbto. GM L. * C . - 1 s t , 5 *.1937 J A J
,b. 70% Ail*. 92 % Feb.
121 b .l n y
Cble-Ml), A B t.P .—Can.7s.10O5 ./ A J....................
Aug. 129 Apr.
1st, Bouthw e»t Div., 6 «.
<J * J 100 b. 105 Atlg. l l l % Apr.
1 s t ,8a.M in. Ote.. S t___ U 'lO A &. J 110% 1108 Aug. 116% Feb.
IsLCa-APeo. W JM v.,3*. D 31 .1 it J *07%
lu3 Auk. 112 May
I t . ; :t . ,t .a ;:.,t .t a ;.:
J 93 b. 97 Atlg. 105 Apr.
WlA A Minn. Ole.. 5 g . . 1321 J a M O l b. Ui July lo g Apr.
Terminal. . g ,....... .........M U
A- J 104% : 98 July i n .. June
G * ». M „4 g .,* a r k !i A ..,4 0 8 8 4 A J: .......... - 8® July
95 Apr,
MILA ftor.—1st, cun., be. 1913 4 A 1) to:*'.A. 10 . Aug. .115 Fob.
i .;i b. I t . SupLUaS Jail.
C w s p o e .x o n .7 * ........... 1902 .1 'A 0 121 b.i U
J 0 ty *24 Mar.
Sinking IOBll.Se............. 1929 AA U 113%*.: too July 115 Fob.
Slaking la n d ,5*............. .1920 A .* •> l o t i>.:ioo A iljt ' 100 Jail.
'I
1. ii% ». 104%
.
O
July 112 Feb.
•' D .’ ‘100
"
Jane U o «% » « .
3 5 * y » « d s t w a t w e , . I 9 0 - * M A AM '>i%
Extension, 4.4..........
1927 P
A Hi b.. 90 A u g ,! t>8 J a b ,
CblAPeil.ASt.toals~5g.ta2* M & 8UOO n.\ 83 Aug, il(X> Mar.
Cbiu.iU. ASto-.-b
; 1 .V J 120 b,: H i July 125 Jan.
E sten a io a e o d e e l.,5 » — t ‘.*JVS A J s>i%
S- July 101% Feb.
Sept. 97% Fob.
8 0 .y ea rd eb eM .S e.......... 1921.M * s 90% a,: 98
C8ao.:8t, r , M. A 0 .~ -« s ..„ 1 0 '3 u y A 0 :1 17% I l l s
Aug 123 Mar.
CJtereiand* Caaton—5 . . .1 9 1 ' j a j * « ... e u % jitn e 92% Apr.
A ; • a: - . , . „•., - . :
,
. . ,: =
l» 9 May
G eneraleoaeoi., 6 8 — ,183*!J * J 113 b. U S Aug. 122% Feb.
a a e . d t S i .u - P e o .A B A s .i o i o a a- o OS b. 59 Aug. 79 Jan.
Incom e, i s ............ ..... ..1 0 9 0 ' April.
ift %b. SO AUg. 26% j ill.
O0L Com A Iron —6 g .........1900 F * \ 95
03 Oct. 106 Jau.
OoL Midland—Con., 4 e .,.1 9 4 0 F & A 40
33 Aug. 67 Jan.
D elH ,V al.kTbl.—C o n .,6 g .I o n M & «■ ft%b. 71 Aug. 94% Jan.
G e n e ra l,«g ..............
I904.J & o 90 t>. 82 % Aug. 99 Apr.
Denver A Bib G. —1M. 7 g . 1900 M A- N m o b. 1 1 2 July n o
Apr.
l« t o o n * o l ..l g .............. ..1936,1 & J 73
71 Juiy
38% Feb,
U «t.B .C *tyA A lp en a—6 g . tttU U & J
60 sept. 71 Jan.
O e b M m M U .—L 'dgraote.lW U A « t)\ 22%!.. 20 June 40 Jan.
00 1.80 , 6B. A A U .-f t e ....l 9 3 7 :J A .1 95 b. 90 July 103 Apr.
E.Tenn.V A G .-C o o ., 5*.1SIS«S.M A N 40
01
Apr.
80 Oct.
K noxville A Ohio, 6 g .. .1925 J A J So
02% Aug. 101% Feb.
F t W. A D e a r. C ity—6 g . . 1921;J * i. 7o
08 Aug. 101 Apr.
G a L H .*B ,K n ,-M .*P .0 .1 ei,5 it. M a .v oo b. 92% Aug. 07% Feb.
H an, A 8t- J o * . 8*. 1911 M A 8 : . , . . . . . 4 0 8
Aug, 117% Feb.
U b a *.A T «X .C .~ G en .4 »,g .H U l'A A O 60
So A u g .. 70 Jan.
HHnoi* Central—4 g ...........1 9 3 2 a ,v u l w
0. 90% Aug. 105 Mar.
l o t A tK. No.—le t, 6 g . ... in 1» M A N m
100 J»!> 1113 Apr.
ad 4% -S...........................
55 b. 60 Jut? : 72% Feb.
Iow a Central—lat, 5 g ........taiw -i ,v t.r. 7 % b.! 72 Ju ly 90 Fell.
K eM a ek y Central— 4 g .— 1987,4 A J * 1 b. So Aug. : S? Apr.
JtlugeCo. Ki.—l » l , 6 t -----1925 J A J mi
lit. 4 0 3 % Feb.
L a cled eG «* -1 s t , ft* ......., 1.910 < ._ F , 7 a H
!>.: 2?.
70 A tig. i 87% Jan.
L a k eE W e A West.—5 V ....1 9 :.' 1 -v J
I). IU- % Aug. 4 1 3 Feij.
L. Shore -C o n .u p ., i»s. 7». io o o .t a J i t ? b. 113 July 110 Jau.
Consol. e tia p .,2 d ,7 »....,l»w a U A 0,121 b., £14 A..S 4 22% Jan.
Long toi‘4 —le t,c o n ., ft g .. 1931 u —4
1 1 0 b i 1 1 A ag, 116% Fein
General mortgage, * B ..1938 J a Li 95
ay Ju ly : :»>■> Jan.
L o rn . A S aafc—CoaA, 7 a .1898 A A O,105%i>.: 100 Aug. 113 Jan.
N'.O. A Mob. le t, 6 g ....... 1950 j A J U i b. 1 H Aug. ,123% Apr.
do.
8d,
19304 A 1 4 0 2 n. t o o July Lift Feb.
G e n e ra l,e «......................1930 J v 0 m
b.;l0 7 July 1U 9 % Apr.
Cfttfled, 4 g ....................1 9 4 0 J A J 75
75 July ! 83% Feb.
:• V4, .*•• ■
V
A - <, : a.! 95 Ang. Slot Mar.
JUm le.».A. A C b .- l s t .6 a . 1 9 1 0 J & J Hi.,
4 00 Sept, i111 Jau.
CkwaoL, 8 g . . .
...1 9 1 6 -A A O a s
82% AUg. 4 0 9 Jau.
Louie. SL L. ATexa* —6 g . 1917 F A A .*
77 July : 98% Jan.
Metro. Elovated—le t, 6 g, 1908.1 * J U S
103% AUg. 41*.% tell,
2d , 6 » ...........................
1899 M A ft 100
10ft July 108% Feb.
Mfo&Cetrt.—1st,c o n .,7 * ., 1903 M A ft 121 b. 113 Aug. 4 2 2 % Apr.
Oonsol., 5a .......................1902 M A ft l03% b. 100 Aug. 106% Apr.
M ll,L a k e 6 b .* W .-ls t,8 « .1 9 2 1 M a ft 122 b. 115 Julv 127% Jan,
Extern, a Im p..6 g .........1928 F & A ' 1 0 * ft. 07% Aug. 108% Jan.
SI. K. A X . - i * t 4a, R..........1900 J A 0 77%a,i 69 A «g , 82% Feb.
5 W
, ..................,.1 9 9 0 F A A 37%b. 27% July , 50% Jao.
Mb. Pacino—1 s t, con ,, 8 g .l 9 2 0 M A ft. 85 &.! SO Oct. 113 Mar.
3d, 7 a ................
1906 M A ft UU Hb 100 Aug. 115% Ayr.
P ac. O lk t o .-l rt, e x .,4 g.19 38 F A A 93
93 Aug. 102 Jan.

Amer. Cotton OB, 4 e b „ 8 g,190O t j - r U U ^ i l O l
Aug.
iS r S K & l.F . -1 0 0 -y r .,4 g . 1989 J t J
71
63% July
29 July
'2 d ’fi» -4 -. if., Cl. ‘*Af‘ -----1989 A % O 89
10d-yt<*.r Income, 8 e ------ 1989 JcpE. ............ SO May
A ll. A Pa ‘ .—Saar, 1 g ...* 1 9 3 7 . . . . . . . . 58 b. 50 Aug.
5%b<; 5 -M ay
100 Aug.
B ^ t i '? E .6 ® » y d i e K « 7 g ‘ t | ^ k * qi 100
b. 99 July
1
— 8
.. , 1 1 b. 03% Bept.
C m t .d a . - s * W .ls t e o n .6 * .’ 2 9 ....... . . . 36 a. ! 35!.t An*.
Central o ! H. J .—C o o A .7 i.l8 9 9 V—J
'112 b. 110 % Any.
C on sol.,” * ..........................1902 M A N- 115
b. 113 May
General mortgage, 5 g --1937:J A J 109% 102 An-.:.
L eo-A W .B ..con .,r.,a sM .1900 Q - M 1 0 S b. 100 Sent.
do. aiorieaed, 5 s ...* * * iW 2 ,M *& 3S• 92 b. 9 0 la ijf
Am* Dock & Hop., 5 s. ...1 9 2 1 J *m J *105 b, 100 A tv.'.
Central P a e tflo -G o -1.06.. 1898 J * J.lOA%b. lO M iA iig .
C a u J A *O M o -S lo rt.,« g ..l 9 U :A A
O 414, M 1 0 Sent.
1st ooasoi.,5 g ....'....- .1 9 3 9 > M A
W jlOl
9 o Any.
0 * 0 . * % .» ,< .“ ..................1902, M A 8 6 9 ’ *
61%, AH*.
R .& A .D lr,,lsc eon.,2-4 g. 1989:J A J 78
70 Aug.
do 2 l o . f i . , 4 g . . . 1939.1 A
J 70 I>. ii. Any.
B lU .L a i.A B ie 8 a ii.-5 «.1 9 0 2 M A 8 92 a. « - S„pt.

8

H o ik — -b" indicates price h u t; “ a” price a s k e d ; lb* JBange

OPT.

18,

A N D

FO R

1S93.

YE A R

Oios’ ng Range (sale*) in 1893.
K a u.ROAO ak d Mtscel . B onus. In ter’ si Price ---- --------------—— — ——
Period. Oct. 13.
Lowest. | Highest.
i Pan of Mo.—2d exten.Ss. 1933 J * J ............ 103% July 103% Jan,
stuoile * Onto—N ew ,6 * ..1 9 2 7 J A 0 110 b. 108 Sept. 115% A pr
General m e n r a r f, 4 s ...1938 M & 8 50 b. 44 July
63 Jan,
-Sash. <3*. & 8t.L.—let, 78.1913 J & J 121 J>, 117 Aug. 130 Jau,
Con., 5 g ........................ -.1 928 A & 0
101% Mar 105 Feb,
N .Y .C ent.—Debt Erie, 4a.1905 M A 8 100 b. 97 Aug. 103 Mar,
, .b. 116 July 124 Feb.
1st, coupon, 7 s................. 1903 J & J !20%
Deben.,Sa,coup., 1.S34..1904 M A
& 8 102%b, 101 Aug. 108% Jam
ft. T. A Harlem—7 s.re * . 1900M & H 115 b. 114% Aug. 119% Feb.
R, W. 3i.Oed.~Con., 5 s.. 1922 A & O 107% 103 July 115 Feb. .
89% Aug. 99% Feb.
ft. Y, Chio. A- St. L. - 4 g — 1937 A A 0 93
105 July 111% Jan.
N. Y.Elevated—7* .......... 1906 J A J 10;)%
N. Y.Laek. A W .- l e t , 6 s ..1921 J & J 122% 117% Aug. 131 Feb.
C onstruction,**..............1923 F ,fe A I05% b. 10ft Oct. 144 Jan.
N ,Y .L .E .A W .-lst,oon .,7 g .l9 2 0 M A 8 120 b. 120% Aug. 139% Jan.
2d consol., 6 g ................. 1969.1 A D 69
53 Jnl>' 105 Feb.
i Long Dock 0 o a s o L ,6 g ...1935 A A O i l s b. 119 Oct. 125 Feb.
70 Aug. 86% Feb.
K. Y. O. A W .- B e l. 4*, g ..l9 9 2 M A 8 81
Consol, lat, 5 g ............... 1939 J & D 1 0 1 b. 97% Aug. 108% Jan,
N .Y.8 us. a W . - I 3 t r e f.,5 g .i9 3 7 J A J 102%t>. 93 July 107% Mar.
MJdlamloI N .J., 6 g . . . . l 9 1 0 A A 0 113 b. 107 Aug. 120% Mar.
90 Jan,
81% May
Norf. A W.—100-year, 5 g.1990 J A J
M d.& W aa b.U tT .-l#i5g .l94 1 J & J
80 July
91 Jan.
N onb.P ae.~ lat,ooQ i>.,6g-1021 J & J s o l
100 Aug. 118 Feb.
General, 2d. coup., 6 g .,1 9 3 3 A A O 87%b. 80 AUg. 115 Feb.
General, 3d, ooap., 6 g .. 1937 J .te 0 00 b. 60 Aug. 108 Feb.
Consol, more., 5 g ............ 1989.1 A 0 30
2 -1 % Aug. 71 Fob.
CoL ir. gold uotta, 6 e ..,lS 0 8 M A S
93 J uue 95 July
Cbno. A .N -.P .-ltt, 5 * ...1 9 4 0 A A O 39%
35% Aug. 80% Feb.
N o r tb .P n c .A M o n .-6 g ...1 9 3 3 M A
40 b. 47 Sent. 89% Feb.
North. Pao, Tar. O0 . - 6
1933 J A J ............ 93 July- 101 Feb.
102 Aug. 112 Fob.
;O M o G M l»A -C «n M .t..7 i.l$ 9 8 J A J lo 7 %
Consol., 7*................... ....1 3 9 9 J Sc J | l0 5 % b ,.............._
103 Aug. 110% Mar.
Ohio Sou tbern—ln l, a g . . . 1921 J & 0 oa b. 98% Aug. 109 Jan,
General mart.. 4
1(21 M * »
17 b. KI Aug.
Jan,
{Omaha A St. Louts— l g ..1 937 J A j . . . . ____ 60 Feb.
Jau.
Oregon Imp. Co,U l S k . 1910 J
<fe 0 0 0 %b. 9 0
Aug. 4 0 5
Feb.
count*!., ft K....................... 1939 A A O
14%
32 Aug. 67
'
Fob.
Ore.H.A Mnv.Co.—I »t,< ig .l9 0 ‘.< J A J lO o a. 90
Aug. 112 Mar.
C-OUSoL.Sg.................................. I A 0 3 1 ... 81 .%•»«. 94 % Feb,
PriMutylvatu i —l*.
1014 M ,« S .............. 102% July 103 July
Fa. Co.—1% g .c o a p o 1....19J I J A J 107
10 2
July 110% Apr.
;Pei>.0Bo.A ri » m ? - u g . . i j . o J St J ............lo o % May
101 .Mar,
; Bran a title i l l y , 8 : ----- lOJ.t 1 4 S 00 a. 99 July 105 Fob.
2d ttiO rt.,5*.................192(151 A A; -U%a. 44% O ft.
72 Feb,
,'LU». A Itetni. - < i o n „ 4 g .l » 5 S :J A J| (16%
59% Aug. 85% Jail,
U t p ref.in com e.5 g ........l o f t * ............. 30
20 July
76% Jau.
2d pref. U: "luc, 5 g ....... 195*1 ........... : Is
11% Aug.
70 Jan.
03% Jan.
3d prof- Incom e. 5 g ____185-<............. - 16 b. 11 July
83 Apr.
PKWbargth WtHU.era~4g.1017 J A J; s i
72
Aug
Feb.
ifctteiL 4t 0 j u t . —<Job, , 8 k . , 19I<V J % J 4 0 S %
102 Aug. I l l
■ >10
............ .....1 9 1
1 A <>
71 a 60
vug
78 % Mar.
ttloh.%W. 1\Ter. T ruM ,0g. 1 s 97 I & \.i i7% b. (4 0 Aug. 83% Feb.
C m . 1*1 A cot. u-att, ft g . 1 9 H M * 8 : 1 2 0 " , ,a 5 % Aug. 52 Feb.
BHuBb Weateru 1 s t,» g ,, 1 9 J 9 .J A J 1.14 b. 5 »
Aug. 78 Fob.
*t, Jo. A Ur. I*.and—8 g , .1925 M A N 72%,t. 74
"
Si'pL 06 Jan.
:Si L * Iron bit. 1st ext. 5*.'97 F A
95 Aug. 103% Jim.
2< !,7g,............................... 1887 M A
94 Aug. 109 Apr.
Cairo Ark. A Texan. 7 g . . 169? J * 01 95
Oft Sept. 104% Mar.
80 Aug. 90% Jau.
Gen. H’ y A land gr.
g r „ 5 g ...1931 A A q 99
SU m A Saa F r .-6 g.,l.’U i . 1906 51 * -V 4 0 8 A 100 Aug. 114% Apr.
6 g., Class 0 .....................1900 M A N 108 u. 100 Aug. 114% Apr,
General more., 6 g ...........1931.1 A J *105 a. 99 AUg. 111% Apn
•it. L.8C.West.- 1 s t , is . g ..l9 6 . >1 A ft 52 %b. 50 Aug. 68 Ayr.
28% Fob.
2d,4*. k . In co m e ..........1 9 8 9 J A t 1 5%b. 12 July
s.F.M, Aftl.™Dak. E x., 6 g . 1910] M A N i l * b. 100% Aug. 119% Apr.
l a s o o n e o l , , S ... l iW
Aug. 123% Mar.
a sHs J* ^ J i*15% H I
do
r e d u c e d t o 4 % g ,. J A J Mfl%b. 07 Aug. 103% Apr.
Montana Bxtebelun, 4 g . 1937! J A
Aug. 1>1 Jan.
-nan A A Aran, P . - l » t . 6 g . l 9 l ( i J A
Sept. 76 Mai.
let, l g. g.t........................'.9*3 -I A J! 64
52 Aug. 60 Allg
■'•••itti" i_e.A fc.—le t.g 1. b. 193* f A A: 30
40 Aug. 92% Jau.
99 Apr.
Badly Corp (M .Conl.il»toou.tJ» M A N 72
70 May
so.Oar,—l e t , « g . o x o o a p . 192o . . . . . . j 99
105 May lOU Feb
100%
Jan.
80, ¥ a c., * r i x - 6 g ....... 1909 1 0 1 A J
Oct,
92
io,P acllle.C aL - 6 g . . . . 1905.13 A A G UH%b. tOi% Out 115 Feb,
07% Jau.
Ut, eotuwi.,gold, 5 g . . . .1938 A A O. 95 „ 80 Oct.
lac. P actsc.ft. . '4 .- 6 g .........19114 A J: 1, 4 %
9**4 Oct. 105% r e t .
renn.0.1. * H f .—J t o . 0 . , l * : , « g a * 0 75 a. 74 AUg. 95 Fob,
95% Jan,
Kirin. 0 1 V., 0 * ................. 1917 J A J 70 b. 70
July
81 Jan.
I ,-x. * Fac. ~ l* t. 5 g ..........20 003 A 0 69%
58 July
2 d, incom e, 5 g ................. 2SMJ0
1 5 u. 13 J my
29% Jan.
108%
Jan.
. *>l, A. A. A ft. M. - 6 g ....... 192 1 .1 A ft ............ 403 Jan
H A .* Ohio C e n t .-* g ....... 1935 J A .> h i :, b, 1 0 0
Aug. 100 Apr.
81
Jan.
. roL Fee. A
4 g ....... 1017:4 A J: 70 b. TO Sept,
i'ol, BUI- A E .! l , .C .- b g ..l .* .n .l A 1- -„;%b. 48 A U g. 00% Jau,
110%
Jan,
A U g.
.Union Faolflc—6 g .............1 3 9 0 3 A J 4 0 7 b. 101
Bln«lug fund. S i
....... 1833<>I A * ____ . . . 1 98
Vug. 105% Feb.
Coital, tra il 4 % ............... 191s .11 A f t ............. 48
73% Jan.
July
1 0 2 % Jan.
Gold
0*.
eel.
ttaet
note*.,1894,
F
4
A
8
u
1
7
%
AUg.
•or...
1' . . Dett.U
1 ,..,, I,..,
,-....,,
- ft" ;0!i% !.. 109 Aug, 113% Apr.
K*!..l>*«.
1 y . - 6 g. . to
1399
MA
ft70 b. *•> Out. 112% Apr.
l»teou a oL ,6 g .............1 9 1 0 M A
on Short Line —6 g ..l » 2 2 F A A 7 0
70
Onf. 109 Jan.
80% Jan.
E A U tn ft.-C o u .5 g .1 9 1 0 A A U SO
50
Out.
75% Jan.
U.I’.D en.A .G ulteon. 5 g.1939 .1 A
0 41
39% Aug.
Onion Elevated—6 g .........1937 f A ft 103%b. 98% Aug. 117% Apr.
yirKintaMnL—Gen. iu.,5s, 1036 M A f t 70 b. 74 Aug. 86 Apr.
80 Apr.
da
stam ped gaar, M A ft 7o
77 Out,
'Wabasb—l e t . o g . . . . ....... ,.1 9 3 9 M A S 102
93 July 106% Apr.
82% Jan,
2d mortgage, 5 g ............ 1 9 3 9 .!F A A\ 7s
SO July
Uebent. id., series B ....... 1939 J A 'T 22 b. 19 J uly 39 Jau,
West Shore—Goar,, 4s....... 2301 J A J 88%b. 01 . July 103% Feb.
West, ft. Y. A Pa.—1st, &g.1837 .1 A J 99 b. 84 A ILK. 105 Feb.
2d nu.rt,........................ ...1 9 2 ? A A q 20 b. 13 Aug. 33 Jan.
West. Dn.T«!.-=Oo!. ir., 6 a. 1938 J A J 101 %
AUg. 106 Jan,
Wl*. Gent. Co.—1st, 6 « ... ..1 937 J A J. a s a. <50 Ang. 92% Jan.
Incom e, 5 g ..... .................. 1937
1 2 a. 8 Sept. 35 Feb.

S

mode up from aclunl sales only.

* Ltdest pilcu this week,

t Trust receipts.

NEW YORK STOCK EXCHANGE ! ' K1CKS-{Coutinne<!).-Z:V4 UTIVK BONDS— 0 0 1 ODEH IS ,
8ECT7RIT4E8.

Bid,

Railroad Bonds.
■Mock Mxeha«g « Priam.)
32
8 - ' *
id, 4*. Class f; in to
Col. Mid. 1st. g., 6 s ...............1936
AMaatUr A 0 a n v .—1st g „ 6 9 . .1917
A n. * Far,—2d W. I>„ g n .« . . 1907
S slt * Ohio—lo t,6 s, Park B .1919 if)'.
■*. *>bt....... ..........................1025' 109
o orln* Fr| )*v: thsoo. are iba .a.aei uoota

Alabama MW.—list, at., guar.4929

aECUKITIKS.

Bid. Ask.

M o tio ii, B ik e r , t s t g .g . 5 s . . . 1 9 1 9

fJenri Ohio K e o r .-is i, 4 % a .l9 3 0
Ak.dr Cb.Janc.—I4t.g,5e,git,1930

Bust. H. Tun. A W .-D e b . 5 *4 9 1 3
Brooklyn Elevated—2d. 3-5*491 5
Brunswick & W o —1st. g. 4a, 1938
'lull. K . t>. A PPts.—firn.. 5,.1937
-nns cuadn O u , ww,.

97%
til
05

Bid,

8EC0K1T1E8.

B. B.AP.-Roch. 1\, 1st, 68.1921 i t s '
Buell. & Pitts.—Cons.lst,63.1922 4 1 3 %

B. A O .—Jons, rnurt., void.5a. 1988 109
A . Va. A P lus.—1st, g., 5s,4 9 9 0
B. A 0 . 9. W.. 1st. g., 4%« .,1900

Burl Ced. Bap. * H o .- ls l,,5 s .l» 0 6 l o t
Consol. A eoltot. t r u s t , 1034
Minn. A St. L. —1st, 7 k, g u ..l9 2 7
town O. A W est— 1st, 7 »— 1909

103
93

Ced. Rap. I. F. A ft.. 1st, Bs.1020

C.

Ut. 5 s ..................................1921

OIimi—Col. 3-,<Iiti.M.lsi,4%s4039

V... I)k 1 rail* - r*„. - *,

—

•T H E

632

CHRONICLE.

[VOL. LV11,

N E W YO RK STOCK E XC H A N G E PR IC E S .—INACTIVE BONDS—{ContinuedJ—OCTOBER 1 3 .
BECTKJTtES.

Bid. ! Ask.

SECURITIES.

Bid.

Ask.

SECU R ITIES.

Bid.

Ask.

C . K . & B .-C ta t.K .& C .,g td .g .l9 3 7 .......... ......... E.& T .II.—Mt. Vernon 1st 6s .19 2 3
Northern Pacific— {Continued.)
Sul. Co. Br. 1st, g., 5s........... 1930
Cent, of N. J.— Conv. deb., 6 a .1906
Helena ARedM’ n—1st,g., 6s .1937
104
Ev.&Rich.—1 st gen.5s,g.gu. 1931
Central Pacific—Gold bds, 6e, 1895 303
Duluth AManitoba— 1st,g .6 s l9 3 6
Evans. A Indian.— 1st, con 8..1926
Gold bonds, 6 s .........................1896 103*2 105
Dul.AMan Dak.Div.—Is t6 s .l9 3 7
123
Gold bonds, 6a.........................1897 104
105*2 Flint & P. Marq.—M ort., 6 s . . .1 9 2 0 r115
Coeur d’Alene—1 st, 6s, gold .1 916
UO
100
Ban Joaquin Br., 6 b................ 1900 101
1st con. gold, 5 s ....................... 1939
Gen. 1st, g., 6 s ...................... 1938
Port Huron—1st, 5 s .............. 1939
Mort. gold 5 p.............................1939
Cent. Washington—1st,g.,6s.1938
106*2 Fla. Cen A Pen.—1st g. 5 s .. ..1 9 1 8
Land grant, 5s, g ..................... 1900
Norfolk A 8outh*n— 1st, 5 s ,g .1941 " 9 7 ^
1st con. g., 5 s ...........................1943 *95
Norfolk A W est.—General, 6 s . 1931
C. A O. D iv., e xt., g. 5 s ........1918
Ft Worth & R. G — 1st g., 5 s.. 19 28
New River, 1st, 6 s .................1932 105
West. Pacific—Bonds, 6 s___ 1899 *io e
GOOs 61
91
100
Gal. Bar. & Ban A nt.— 1st, 68.1 9 1 0
90
Im p. A E x t., 6s........................1934
No. Bailway (Cal.)—1st, 6 s .1907
Gal. H . A 8 . A .—2d mort., 7 s .. 1905
50.year 5 s . . . . ....................... 1938
Adjustment M ., 7 s ................. 1924
114
Cites. & O.—Pur. M . fund, 6 s .1898
M ex. A Pac. D iv., 2d 6 s ___ 1931
Equipment, 5s..........................1908
6s, gold, series A ..................... 1908 111*2 113*2 Ga. Car. & Nor.— 1st, gu. 5s, g.1929
Clinch Val. 1st 5 s.................. 1957
Ga. 80. & Fla.—1st, g. 6 s..........1927
Craig Valley—1st, g., 5 s— 1940
RoanokeASo.— ls t,g u . 5s, g.1922
Warm Spr. Val., 1st, g. 5 s ..1 941
Grand Rap. & Ind.—Gen. 5 s .. 1924
Scioto Val. A N. E .—1 s t,4 s ,.1990
80
105
24
Ches. O. A So.West.— 1st 6s, g . 1911
G. B. W. A St. P.—2d inc. tr. rects
Ohio A Miss—2d consol. 7 s . . . 1911 107*2
2d, 6 s .............................
Housatonic— Cons, gold 5s— 1937 103*2
Bpring.Div.—1st 7s.................1905
1911
115
N. Haven ADerby, C ons.5s..1918 102
General 5s..................................1932
Oh. V .--G e n .co n .lst.gu .g,5 s.l9 3 8
Chicago & Alton—S. F ., 6 s ___ 1903 114
Hous. A T . C.— Waco A N . 7 s ..1903 105
Ohio River R R .—1st, 5 s .______1936
Gen, g .,5 s ................................. 1937
1st g., 5s (int. gtd)..................193
1031s 104is
KLouis. & Mo. River—1st, 78.1900 109*2
Cons. g. 6 s (int. gtd ).............. 1912 100
2d, 7e........................................1900
Oregon A Califor.—1st, 5s, g .1 9 2 7
80
Bt. L. Jacks. A Chic.—ls t,7 s .l8 9 4 100
Debent. 6 s, prin. & int. gtd. 1897
Oreg. Ry A Nav.—Col.tr. g ..5 s .l9 1 9
r Mies.B. Bridge—1st, s. f., es.3 912 100
Debent. 4s, prin. A int. gtd.1897
Pan. Sink.F’ d Subsidy—6s, g. 1 910
98*2
Illinois Central—1st, g., 4s ...1 9 5 1 100
Chic. Burl. A Nor.— 1st, 5 s -----1926
Penn.-P.C.CASt.L.Cn.g.4*ssA1940
D e b e n tu r e s .................... .. ..1 8 9 6
1st, gold, 3*28.......................... 1951 *94
Do
do
Series B ..........
102*4
Chic. Burling. & Q.—5s, s. f ..l 9 0 1 101
Cairo Bridge—4 s ,...................1950
100
P .C .A S .L .-lst,c .,78 ..................1900
Iow a D iv.—Sint, fund, 5 s ..1 9 1 9 *1C'1
Springf. D iv.—Coup., 6 s___ 1898 1 0 5 *4
Pitts. Ft. W . A C.—1st, 7 s ... 1912
92
93
Sinking fu n d ,4 s................... 1919
Middle D iv.—Reg., 5s............1921 101
2d, 7s ......................................1912
80
Plain, 4 s......................................1921
C. St. L. & N. O .-T e n . 1., 7 s . 1897 109
3d, 7 s ........................................1912 121*2
95
Chic & Indiana Coal— 1st 5 s .l9 3 6
1st, consol., 7s...................... 1897 109
Ch.St.L. AP.— 1 st,con.5s,g.. . 1932 106
116
Cbi. Mil. A S t .P —1st,8 s,P .D . 1898 113
2d, 6 s.......................................1907
Clev. A P .—Cons., s. fd ., 7 s .1900 116
Gold, 5s, coupon..................1951
Gen. 4*28, g., “ A ” ............. 1942
2d , 7 3-lO s, P. D ..................... 1898 112
le t, 7 e ,$ g . , R .D ..................... 1902 122
Memp. D iv., 1st g. 4 s .........1951
St. L. V. A T. H .—1st, 6s., 7 s. 1897 107
108
le t , I. & M .,7 e ......................... 1897 133
Dub. A 8 . C.—2d D iv., 7s ...1 8 9 4
2d, 7 s ........................................1898
1st, I. & D .,7 s ......................... 1899 114
2d, guar., 7 s ...........................1898
Ced. Falls A Minn.— 1st, 7 s ..1907
80
95
1st ,0 . A M ., 7 s ......................... 1903 119
Ind. D. A 8pr.—1st 7s, ex. cp .1 9 0 6
G d .R .A I.E xt.— 1st,4*2$,G.g. 1941 100
1st, I. A D .E xtension, 7 s .. . 1908 *122*s
Ind.D. A W .— 1 st 5s, g.,tr.rec.. 1947
122is P e o.A E .-In d .B .A W .-lst,p f.7 s.l9 0 0 107
1st, La C. A D av., 5 s ............. 1919
2d, 5s, gold, trust receipts.. 1948
Ohio Ind.AW .— ls tp r e f.5 s .,1 9 3 8
1st, H . A D ., 7 s ...................... 1910 117
Inc. M. bonds, trust receip ts___
Peoria A Pek. Union—1st, 6s .1921 108
102
1st, H . & D ., 5 s ...................... 1910 100
Ind. Ills. A Io w a — 1st, g, 4 s.. 1939
2d m ortg., 4*23........................ 1921
65
Chicago & Pacific D iv ., 6 s ..1 9 1 0 112*2 133*2 Int.AG .N ’n— ls t ,6s,g.................1919
Pitts. Cleve. A Toi.— 1st, 6 s ... 1922
ICO
Mineral Point D iv. 5 s ........... 1910
89
Kings C o .-F .E l.,lst,5,g.,gu .A .1929
Pitts. A L. Er.—2d g. 5s, “ A ” . 1928
C. A L. Sup. D iv., 5 s.............. 1921 ........
Lake Erie A W est.—2d g., 5s. 1941
Pitts. Me. K . A Y .—1st 6s....... 1932
96
95
Fargo & South., 6s, A s s u ...l 9 2 4
Pitts. Painsv. A F.—1st, 5 s .. . 1916
L. 8 . A M . So.—B .A E .—New 7 s .’98 ’107
Inc. conv. sink, fund, 5 s ___ 1916
Det. M. A T —1st, 7s............. 1906 T 2 0
Pitts. Shen. A L. E .—lst,g.,5s.-1940
90
Dakota A Gt. South., 5e___ 1916 101*5 102*2
Pitts. A West.—M. 5s, g .1891-1941
Lake Shore—Div.bonds, 7 s. 1899 109
Mil. A Nor. main line—6 s . . . 1910 109
115
Kal. A ll. A G. R.—1st gu. 5S.1938
Pitts.Y ’gst’nA A .— 1st, 5s, cod.1927
D aic.AN .W .—30 year deb. 5s, 1921
Mahon’g Coal R R .—1st, 5 s. 1934 T O lis
Pres. A Ariz. Cent.—1st, 6s, g.1916
106*2
Escanaba A L. S. 1st, 6 s___ 1901 106*1 n o
LebighV.,N.YL—1st gu.g.4*2S.1940
2d income 6 s ............................ 1916
D e s M . A Minn.—1st, 7 s___ 1907 ........ .......... Lehigh V.Term .—1st gu. 5 s,g .l9 4 1 100
HO is Rich. A Danv.—Debenture 6 s .1927
Iowa Midland— 1st, 8 s ......... 1900
latchf. Car. A W est.—1st 6 s. g .1 9 1 6
Equip. M. s. f., g., 5 s ............. 1909
95
Peninsula— 1st, conv., 7 s . ..1 8 9 8
Long Island—1st, 7 s ..................1898 *111
A tl. A Char.— 1st, pref., 7 s ..1 8 9 7
114
Chic. A Milwaukee—1st, 7 s .1898 109
N. Y . A R ’way B .—1st, g. 5 s . 1927 *100
do.
Income, 6 s____1900
W in. A St. P.—2d, 7 s .............. 1907 121
2d m ortg., in c...................... 1927
W ash.O .AW .—lst,4s,giL cy.,1924
37*2
M il. & Mad.—1st, 6 s ............. 1905 107
N .Y.AM an.Beach.—1st, 7s, 1897
Rio Gr. June.—1st, gu., g., 5s. 1938
Ott. C. F. A St. P —1st, 5 s .- 1909 101
N .Y .B .A M .B .—1st con. 5s,g. 1935
Rio Grande So.—1st, g., 5 s . . . 1940
102
96
Northern 111.—1st, 5 s ..........1910
101
Brookl’nAMontauk— 1st,6 s. 1911 105
!St. Jos. A Gr. Is.—2d inc..........1925
Oh.Peo. & St.L.—Con.1st,g .5 s .1939
95
1st, 5 s ......................................1911 100
I Kan. C. A Omaha—1st, 5 s ..1927
G .B .I. A P .-D .M . A F. D. I s t 4 s .l9 0 5
53
Loui8.E v an s.A 8t. L.—Con.5s. 1939
St. L. A . A T .H —2d pref. 7 s ..1 8 9 4
62
99*4 100
1st, 2*28...................................1905
Louis. AN ash .—Cecil. B r .7 s ..1907 101
2d m .in c. 7s.............................. 1894
100
Extension, 4 s ................... .1 9 0 5
E. H . A N ash .— 1st 6 s, g ___ 1919 110
Dividend bonds....................... 1894
113*4
Neokuk A D e s M .— 1st, 5 s .. 1923
Pensacola Division, 6s ......... 1920
Believ. A So. 111.—1st, 8 s .. .i 8 9 6 105
103
Chicago A St. Louis—1st, 6 s.. 1915
St. Louis Division, 1st, 6 s ... 1921
Bellev. A Car.— 1st, 6s...........1923
Chic. St. P .& Minn.—1 s t ,6 s ...1918
2d, 3s.......................................1980
Chi.St.L.APad— 1st,gd.g.5s 1917
95
St. Paul A S. C.—1st, 6 s ........1919 116 119
Leb. Branch Extension . . .1 8 9 3
8 t. Louis 8 0 .— 1st, gd. g. 4 s .1931
78
83
Chic. A W . Ind.—1st, s. f., 6 s .1919
do
2d in com e,5 s .1931
70
Nashv. A Decatur—1 s t,7 s .. 1900
116
General mortgage, 6 s ........... 1932 109
8 . f .,6 s — 8 . A N . A la ...............1910
Car. A Shawt.—1st g. 4 s ___ 1932
110
77
Chic^A, W est Mich.— 5 s , .......... 1921
1 0 -4 0 , gold, 6 s .........................1924
St. L. A S. F .—2d 6 s ,g ., cl. A . 1906 106
105
(DiirHam. A D.— C o n .s.f., 7s. 1905
50 year 5s, g .,...........................1937
Equip., 7 s .................................. 1895
2d, gold, 4*28........
1937
Pens. A A t.— 1st, 6 s, gold. ..1 9 2 1 "90 100
General 5 s ....................
1931
88
Cin. D. A l i ’n— 1st, gu. 5s, g.1941
Collat. trust, 5s, g .................1931
99*2 1st, trust, gold, 58................... 1987
77*2
9 2 14
Clev. Ak. A C o l.-E q . A 2d 6 s .l9 3 0
Lou.N.Alb.ACh.—Gen. rn.g.Ss. 1940
Consol, guar., 4 s ..................... 1990
64
65
53*2 54
O.C.C. & St. L ., Cairo div.—4s, 1939
Manhattan Ry.—Cons. 4s....... 1990
91
931, K an. City A 8.— 1st, 6s, g . ..l 9 1 6
St.Lou.Div.—Istcol.ts,t4 8,g .l990
Ft. S. A V . B. B g .- 1 s t , 6 s ...1 9 1 0
Manito.S.W.Coloniza’n—5s ,g .l9 3 4
Spring. ACol.Div.— 1st,g. 4s. 1940
Midland—1st, 4s, g.1937
Memphis A Chari.—6 s, go ld .. 1924
....... St.Kansas
W hiteW .Val.Div.— lst,g . 4s. 1940
1st con. Tenn lien, 7s............1915 i o i ’
Paul A Duluth—1st, 5 s ___ 1933 105
Cin.W ab.AM .Div.—1st,g.4s. 1991
90
Mexican Cent. Consol.— 4s, g.1911
2d mortgage 5s.........................1917
95
Cin. I. St, L. A C.— 1st,g.,4s. 1936
1st, cons, income 3s, g......... 1939
St. Paul Minn A M .—1st, 7 s . . 1909 1 0 6 3 j
95
C o n sol, 6 s .................................. 1920
2d mort., 6 s................................ 1909 112*s
Mexican National—1 s t,g., 6s. 1927
Cin.San.&Cl.—C on.lst,g.5s, 192b
2d, income, 6 s, “ A ” ............... 1917
Minneap. Union—1st, 6 s___ 1922
104
Gl-Col. Cin. A Ind.— 1st, 7 s,s.f.lS 9 9 112is
2d, income, 6 s, “ B ” .............. 191
Mont. Cen.— 1st, guar., 6 s .. 1937 i 0 3 ’
Consol, sink, fund, 7 s ........... 1914 120
Michigan Central—6s ............... 1909
1st guar. g. 5 s ........................... 1937
98
Cleve. A Mah. V .—Gold, 5 s .. . 1938 100
Coupon, 5s.................................1931
j East. M inn., 1st div. 1st 5 s . 1908
Columbia & Green.— 1st, 6 s ...1 9 1 6
San
Fran. A N. P.— 1st, g., 5's.l919
Mortgage 4 s ..............................1940
ICO
2d, 6 s ........................................... 1926
South Carolina—2d, 6 s ............1931
Bat.C. AStrgis.—1st,3s,g.gu. 19a9
Del. Lack. A W .— Mort. 7 s ___ 1907
Mil. L. 8 . AW .—Conv. deb., 5s. 1907
1 0 7 ’ ! Income, 6 s .................................1931
Byra. Bing. A N .Y .—1st, 78.1906 120 130
Mich. D iv., 1st, 6 s.................. 1924
So. Pac. Coast— 1st, gu ar.,4s. 1937
Morris A Essex— 1st, 7e___ 1914 135
1Ler.RR. A s’n of St.L .-lst,4 *ss. 1939
141
Ashland Division—1st, 6 s ..1 9 2 5
97
Bonds, 7e................................ 1900 107
Incomes................................................
Texas A New Orleans—1st,7 s. 1905
110i«
7s of 1 8 7 1 ...............................1901 I l l s
Minn. A St. L.— 1st, g. 7 s ......... 1927 110
| Sabine Division, 1st, 6 s ........1912 TOI
1st, con., guar., 7 s.............. 1915 127
Iowa Extension, 1st, 7s....... 1909 108
89
120
Del. A Hud. Can.— Coupon 7 s,1894 I 0 1 7e
2d m ortg., 7 s ............................1891
iTliird Avenue (N .Y ).—1st 5s, 1937 103*2 10934
101
Pa. Dijj/, coup., 7 s ..................1917 13414
Southwest E xt.—1st, 7s....... 1910
Tol. A. A . A C a d —6 s ..................1917
Albany A Susq.—ls t,g u .,7 s 1906
Pacific E x t.—1st, 6 s ............. 1921 103
Toledo A . A . & G’d Tr.—g. 6s. 1921
1st, cons., guar., 6 s .......... 1906 115
Impr. A equipment, 6 s......... 1922 103
Tol. A . A . A Mt. Pi.—6 s ........... 1919
117
Bens. A Sar.—1st, coup., 7s. 1921
141 Minn. A Pac.— 1st mortg., 5 s. 1936
........ *
Denver City Cable—1st, 6 s .. . 1908
100
M inn.St.P.A8 .8 .M— 1st c.g.4s.1938
68*4
D eny. Tramway—Cons. 6s, g . 1910
M o.K .A T .—K .C .A P ., Is t ,4 s ,g .l9 9 0
98
97
65*2
Metropol. By.—lst,g u . g .6 s.l9 1 1
Uuion Pacific— 1st, 6 s ...
Dal. A W aco—1st, 5s, g u ..,.1 9 4 0
104
D env. A K. G.—Im p .,g ., 5 s .. . 1228 *60
Missouri Pacific—Trust 5 s .. .1 917
90
104*2
Duluth A Iron Range—1st 5s. 1937
1st coll., 5s, g ..........................1920
93
67
106*4 1 0 6 %
E . Tenn. Va. A Ga.—1st, 7 s ...1 9 0 0 106
.........
100
8t L .A I. M .-A rk .B r.,1st,78.1895
Divisional 5 s.............................1930 100
Mobile A Ohio— 1st ext., 6 s ... 1927
1st e xt., gold, 5 s ..................... 1937
St. L. A Cairo— 4s, guar........1931
38%
*103*4
E q .A lm p .,g .,5 e ...................... 1938
1st, 6s, g .....................
Morgan’s La. A T.— 1st, 6s . . . . 1920 100
"103*2
Mobile A B iim .—T st, g .,5 s ..1937
C. Br. U. P —F. c., 7s
1st, 7s.......................................... 1918 I0 6 is
60
Alabama Central— 1 s t 6 s .. . 1918 100
*
Nash. Chat. A St. L.—2d, 6 s .. 1901
58
*
Erie—1st, extended, 7 s ........... 1897 109*8 110
N. O. A. No. E. -P r. 1., g., 6s .. 1915
80%
2d, extended, 5s.......................1919 106
N. Y . Central.—I'eb. g. 4 s___ 1905 101
70
8d, extended, 4*ss................... 1923 103
N. J. June—Guar. 1st, 4 s .. . 1986
*75
77%
4th, extended, 5s..................... 1920 107
Utah A North.— 1st, 7s......... 1908
Beech Creek—1 s t.gold, 4 s .. 1936
97 99
6th, extended, 4s..................... 1928
Gold, 5 s ................................... 1926
Osw. A Rome—2d, 5s, g .,g u .l9 1 5 100
99
1st, con., g., I’d, 7 s ................1920
Utica A Bl. R iv.—4s, g., gu.1922 101
Utah Southern—Gen., 7 8 ...1 9 0 9
90
Beorg., 1st lien, 6s..................1908
Extern, 1st, 7 s ..................... 1909
N. Y . N. H . A H .—1st, re* 48.1 9 0 3
104
89
B . N. Y. A E .—1st, 7 s ........... 1916
Valley R’y Co. of O.—Con. 6s. 1921
N. Y . A Northern—1st, g 5 ».1 9 2 7 *101
N . Y . L. E. A W .—Col. tr.,68.1922
Wabash—Debenture, Scr. A .. 1939
2d, 4 s ...........................
1927
Funded coup.,5e..................... 1969
Det. A Chic. E xt. 1st, 5s, g ..l 9 4 0 ”9 5 ” ■9 7 " '
N. Y . Susq. A West.—2d, 4*28.1937
50
Bnfl. A 8. W .—Mortg. 6s___ 1908
No. Missouri—1st, 7a........... 1895 102
Gen. m ort., 5s, g ................... 1940
94
Jefferson—le t, gu. g. 5 s ___ 1909
St.L.K.C. A N — R.E. AR R .7s.1895 101
97i« N. Y . Tex. A M ex.—lst,4 s,gu .I9 1 2
Coal A B E .—6 s ......................... 1922
St. Charles Br’ge— 1st,6 s.. .1 9 0 8 100
North’n Pacific—Divid’d scrip ext.
Eureka bprings— 1st, g., 6 s .. . 1933
West. Va. C. A Pitts.—1st, 6 s .1911
James River V al.—1st, 6s ... 1936
Evans. A I . H .— l6 t,co n s.,6s..1921 114
W heel.AL.E.— 1st. 5s, g o ld ...1 9 2 6
Spokane A Pal.—1st, 68........ 1936
85
1014
~»pt. general, c.. 5 s ..................1942
Extension A Imp. e.. 5s....... 3930
St.Paul A N. P.—Gen.. 6 s ..1 9 2 3 105** 106

Aiiuaj; these aie tne latest quotationsilaue uu& week.

Jtor iuiM «ii«tu»vu» a,

tn u »bbM

*-1- 1, o a ,

* reveuifiE

THE CHRONICLE.

0#TOBEB 14, 1893.]

I n t u e a t m

e i i t

R oads .

6 3 3
Latest E a m m g t Reported,
Week or Mo

1893.

1892.

Jan. 1 to Latest n a if,
1893.

1892.

Great North’n ft
*
I
*
*
St. P. M, A'. M . Septemb'r. 1,380,431 1,-113,808 9,355,738 8,958,449East, o l iliitn - Septemb'r. 149.770 125.607
863,363
831,375
R a i l r o a d
% n U l l x Q t n t z .
M ontana Cent Septemb'r.
83,242 111,320
S40.135
853,374,
Tot. system. Septemb’r. 1,613,443 1,650,735 11,059,237 10,643,199
Gr. P.Wal. & Br, July..........
1,899
1,932
13,354
12,954
G ulf & Chicago. Septemb'r.
2,622
2,895
28,484
25,597
1 he I n v e s t o r s ’ S u p p l e m e n t , a pam phlet o f 159 p a g es
H a rtsvllle.........Jttlv
313
556
6,171
6,117
*
3,849
c o n t a in s extended tables o f the Stocks and Bonds o f R a il­ Hooe.Tun.AWn, August___
3,245
24,320
23,344
Hous. G.AW.Te.t August___
29.637
29,151
r o a d s , and other Com panies, w ith rem arks and sta tistics con­ Hmnest'n&Slie!) Septemb’r.
14.000
96,809
14,292
104,482
7,937
46,143
11,104
49,223
c e r n in g the incom e, financial statu s, etc,, o f each Com pany, Hutch. ASouth'n August___
Illinois Central Septemb’r. 2,126,088 1,762,823 15,725,511 13,919,554
I t i s published on the last Saturday o f every oth er m onth— IndJ>e.o.de West. Septem b’r.
312,791
38,0 0 7
53,028
382.278
In.AGt.N ortk'n lstw k Oct.
79,314
93,510 2,926,876 2,835,943
v i s ., January, M arch, M ay, July, Septem ber and Novem ber, Unteroe. (Alex.) Wk8.-pt.23
38,222
32,990 1.555.511 1,361,751
Iow
a
Central.
49,662
1,118,592 1,422,331
lstw
k
Oet.
46.383
a n d is furnished w ithout ex tra charge to all regu lar sub­
Iron R ailw ay.. Septeiub’r.
2.931
28.969
3,531
25.983
s c r ib e r s o f the C h r o n i c l e .
Kanawha A-Mien lstw k Oct.
6.440
269.S94
6,699
285,893
6.178
Kan.C.
C
t
A
Sp
246,604
UhwkSep.
7,685
235.095
The General Quoti tion s o f Stocks and B onds, occupying K.C.F,S,AMem
99.339 120,297 3,435,352 3,602,167
MhwkSep.
29,915
778,171
six pages o f the C h r o n i c l e , are published on the th ir d K.C.Me.m.A* Bir 4thwkSep.
28.557
787.279
125,223
K. C. Pitts. A- 6 . Itbw kS ep.
2,070
6.743
42,173
S a tu r d a y o f each m onth.
4.991
Kan.C. Snb.Belt ls t w k Oet.
185,283
3,761
90,528
Kan.C.Wy ANVV 3d wk Sept.
5.780
232,650
8.108
238,731
Keokuk *t West. 4thwk S.-p.
11.520
288,483
294,322
12.698
L. Erie AIL A So. Septemb’r.
6.184
7,125
R AILRO AD EARNINGS.
58,8 5 8
0.9,573
L. Erie A W est.. 1St wk Oct
77,332 2,758,347 2,681.710
64,422
Lehigh
A H ud.. Septemb’r.
435,002
54.494
46,115
337,968
Latest Earnings Reported
Jan. 1 to Latest Lais.
Long Island___ 2d wk Aug 129.542 136,226 2,661,474 2,657,040
Road *.
38.910
L ouis.* Mo.Rly, July .........
36.070
239,859
1893.
243,951
Week or Mo
1892.
1893.
1892.
LouU.Kr.A3t. I.. ls tw k Oct.
39,442 1,372,230 1.108,699
26.685
Loulsv.&Naskv. lstw k Oet. 346,940 439,760 15,775,149 16,273,579
t
*
*
I
75,382
67,8*29 2,701,992 2,504,621
A dirondack—
August___
38,198!
19.787
119,205
110,658 Louls.lt. A.& Ch. ls t w k Oet.
58,906
42,238
Allegheny V si. August___
187.602' 2*29.867 1,713,791 1.684,057 i-OU.8t.LA Tex August
48',S*
4,943
5,512
54,46 £
A teh.T .A 9. Ffc' 4thwkS.,t>. 987,533 1.174.7.'.0 2 h. s 3P .34 ' 28.6W .IA4 Macon A Burn. Septemb’r.
M52
Maudit-* AAug J u ly ..........
8,569
777
St. L, & San F MhwkSep.
7,030
,
■
.
70,736
266
665
79.830
An*, t o ta l... llh w kS ep . 1,236.254,1.177.081 35.263,833 35,238.704 Manlstlque___ _ Septemb’r.
1.007,075 1.040,235
48,29*
36.338
AtlantaAChar.n J u ly ............
48,358
51,2981
418.457
405,726 Me:mmi.-,x< !i .- Itfiw kSep.
Atlanta A F lo ra H ar........... i
3,992;
7,375!
33,235
34.855 iMexlcau Cent. ls tw k Oet. 129,969 1-18,275 5,959,847 5,889,104
149.329 1-91.095 1,2X7,612 1,042,321
B.AOJEaatLlnea A u g n 't.. . . 1,693.041 1.853,993 12,541,696 12,939,336 Mexican Inter'S July
80,051
90.614 3,258,388 3,364,550
W esternLtaes A iig o st.. . . b m . m t
661,lll< 4,067,740 3.960,363 ;Mex. National. 1st wk Oct.
: Mexican K’ wav WkSi.pt.23
16.500 2,261,280 2,218.033
54,746
Total............ A u gu st.... 2,189.943 2,4 15, 1 12 16.609,436 16.799,699
52,193
854,449
Milwaukee
A.No
55.361
itb
w
k
J
’
ne
796,068
BaLAOSouthw. LstirkOct.. 49,915
56,327 1.979.961; 1,013.3 21
10,991
98,834
87, >70
10,767
Bath* Ham’Bd* July........
2,373
12.757
3.555
1*2,960 Mineral R iicye. Sepreinl/r.
162,961
1,293,512
M
lnnespA
St.L.
SuptemO’
r.
1,436,272
176,304
g lr. A A tlantic.. 3©t't»ml>'r.
1,726
3,472
22,437
30,703
M. 8LP.AS.S.M
83.612 11 4.603 2,165,755 2,247,977
Blr.Sh.ATenn.K June . . . . . .
4,814
21.206
239,237 2 3 0 ,1 8 ' 7.264,530 7,101,647
Brootclyn E lec. 1st v. It Oct.
33,I!H
37,121 1,419,973 1.421.603 Mo.Kao.& Tex . J u t wk O t ,
M o.Pae.AlronM
;•1 »t
Oct.
452.000; 7.84,000 18,812,820 20,501,785
Bna.Kwh.APUtl! .! f l i ( * I
62,161
-, --*., —... 2,430,3011 i -----—
—,, —, ■ -wk
-»- —
,,
69.846 2.63,8.740
3,524
3.727
2,764,422
2.900.957
Mobile
A
Btnu.
uld
wk
Ju
lj
Bor.C.Bap. * S 3 d w k sep t.* 103,007
90,2*3 ................
. ____
—
Mobile A Ohio. .iSaixtomti’r. 228,221 272,7 U 2.35L 373 2,446,047
C am den * A t l./A u g u v
174.05*
174,796
MR
611,223
48.500
85.000
427,434
OanaillaiiFaciOc 1 -i wk Oct. 467,000 453,000 15,518,891 X3.707.0C2 Moot. AM ex. (.411jj uh
26.421;
‘ 1«;«.'..» I Naah.Ch.A6t.L. 'e p te m b r. 353,5 to 448,127 3,573.517 3,808,877
O a O M .fl*C ». July.........1
3,633
M il'
-------21.983
20,296
1,945
f
1.380
44.908
Nevada
Central
Ju
ly
..........
3.27ft
Car. Midland__ 'e p te m b ’ r.
0,145*
7, '3 8
143,35 4
151,947
26,842
31,167
C eattalol.V . J ..j A u g u st..., L281.94H 1,311,944 9.760.279 9,293,773 i N. Jersey A N .Y .{Juno .......
Central P acific.........
.
85.473
777
98,728
11.256
e.. J u ly .......... 1,249,578 1,370,089
8,001,349 8,164,579 NawOrl.Aho’ o ..
pteuib r.
Central o f 8. C .J j t i l v ..........
57,367 N .l.C .A IL R ,
heptatub’r. 1.221.70* 4,212,115 34,882,661 33,391,603
6.! Ui,
7.397
6 1 ,lOt
Char.ClD. Ad hit
p i. iiii>*r.
3,608,693,2.742,729
14,488,357 14,793,203
i o c o tit;
v . l . i. a w .; j u »
..............
8.1WI
101,721
12,266
609,316 605,35s: 1,1*9,232 3,992,043
38 6 .3 2 4 N .Y .F a A O h lo .. July
Cbarlest’ aASsT Jm v. . . . . .
___
418.240
88,960
35,005
101.2S7 i N. Y.A.N.Kug...
.1 3 ,0 9 8 ,5 7 0 2,906,003
11,COO
Char.Sem. A No Iccptctnl/r.
13,000
102,473
Chat*c£ua Lake.. J u ly _____
30,253 i N. It.A NurtlTa,. fStipteru n't.
413,782
452,758,
51,065
54,827
6.030
32,897 i
5,*67
60,0.30
Oberaw .ADarl.. {A ugust__
4 9 .3 1 0 ! N.YVOht. A # .{ls tw k Get,
00,941, 2 ,oi>:M lu 2,667.932
',T,iS<!
5.015
5.736
Che*. A O h io .../ I si wk Oet. 199.82:'. 207,7 10 7,737,136: 7,594.021 N.’f.RtbMt, A W ..; August___
1 5 '. *12 102,557 1,15.-.,*51 1,113,127
Cbes.O . 4 A W .'July .........
_______
2 ..',032
31,421;
288,707
20,354
1-0.917 168,779 1.3 12..',22 1.207,64 l Norf.A,~>utu'n v iu n .i___
CMc. Bur. ANO August___
169,306 230,465 1.521,444 1,352.8-0 Norfolk A West .l s t w k Oet. 101,027 223,956! 7,007,778 7.381,372
Chic. Bar. A u . A u g u st,... 3,076,396 3,720,196 25,001,778 25.171,171 N’thaaat’ tt l8.C.){July. .......
33.065
410,680
399,659
34,953!
Chie.A Bast. Hi, ls
* t w k Out, 114,010 108.311 3,111.311 3,120,021 NWHni Central.’ au gust —
563,036 033,200! 4,620,353! 4,560,300
C h ic a g o * Erie. 4 up11*1__* 296,466 235,401 2.013,036 1,807,645 SortlsnruFaoitlc 3.1 wk May 41 *.233 30* ,370; 7,009,640 7,748,842
Chic. Ut. Wc-Cu 1st wk Get, 101,935 117,374 3.297,87:, 3,841,126
Wia,Ct. Lines. 3d wk May
00.7031
06,583 1,943.353 1,971,818
C h .J .K .A r 5.Y. A p r i l.......
S.F.A A'.Oani. .-eptemb'r. 2,335,334 3,140,673 18,071,714 21,099,841
198,1167 203.343
. ...
821,2811
923,926
Chie.M ILAst.pl lstw k Get, 831,665 781,210:25,066,978 25,312,««f, Gt oilee -V tVgst.: August----- ;
‘
............ I
............
1.810
Cate. A h 'th w 'a August
. 2,002.676 3,002,52,' *20,010,0*2 20,722,352 Ohio A Miss------ hepu-uib’r.
3 6 0 .; 74 410,629 3,108.168 3.103.112
CaUe.Peo.AB L i f!-| tellll. r 1 H
.........
002,372
533,766
2(1,39?
-t.6 3 8 - l - ' i . i 21,190.
Chic. K'k L A P .. septem b'r, 2,118,589.2.170,799 14,457,971 13,083.654 Ohio Southern ..A u g u s t ...
413,410
50.732
00.767,
M l tJIM 7fiU
Ais’ti A
ufti
’Uwi t!OC Omaha A St. L .. July .........
Chic.fit-P.M.AO August.
325,258!
3 -6,98 0
,500,026
30,104
501,803
799.493
4.884.377
61 ,0 -8
Cblo A W . Mlets 1*4 wk Oet.
43.482
12,901 1 ,1 7 1 ,- 5 1,514,377 Oregon Imp. Co. ]August___ 3 5o,?0.-i 303,000; 2,533,782! 2,568,582
224,004!
Cln. Ga. A Port*. Septemb'r.
119,127
17,136
52,142 l‘ a-1,1 eii i, AAJ it. IStsplfllil.* r.
7,001
.52,0*25
0,007
10,920
161,894! 135.241
Cla. Jack A Mae. lstw k Oet.
lenn. M idl'd.. Septemb'r.
531,201
13.066
13,049
15,333
521,461
I 8 ,l» 3 i
Cln. N. O. A T . P 4tbwk8ep, 119,354 1.28,879 2,857,03? 3.130,033 Pen n»y tram la... A ll*..-! ... 5,171.’.-77 6,2*0.007 41,900,141 41,500,731
A la. Gt. South, 4.1.**kH.-p.
55,591 1,251,959 1,295,700 P eoa«D ec.A R v lstw k Oet.
64.129
10.5711 '.*,*292
660.400
055,873
Jf.Orl. A N. E. 41halte«-p.
33,579
43.501 4S..-J5
337,412
336,603
37.9*3
t> -*,7451 024,073 Petersburg........ J i l l } ..........
Ala. A VJeksh. 4tbwk ttep,
18.843
A u g u st....
13,1,553 5i3,Oa5 3,457,785 3,261,148
16,964
3*0,573
439.060 Fhila. A Erie
Vick*. Sh. m e . Itb w kS. p.
1S.IB7
19,i!13
300,43 L 300,673 : Fhila.A R.-ad'g. A u g u st.... 1.*86,267 2,022,647 14 ,«s*,0 8 t 14,686,428
atJatiger 8v*t. M b» 1c 9ep. 213.172 259.7.93 5,900,0461 0,175,557 j Coal A Ir.t'o.c. August.. . . 1,701,185 1,871,337 20,813,199 20,063,546
a n ti. Northw’ i. -ptenib’ r.
TotaltmthCo-i. A ugu st.__ 3,587,452 3,303.981 11,501,778 34,731,974
1.73*
15.10*2
4,956
Cln. Ports. A v , Sepleinb r
27,9 15
200.943
litl'-M - | Lehigli VaUey.iMay........... l,lu0,761 1,507,403 7,132,433. 0,802,235
2 2 ,0 2 0
Col. A Mityay,{Septemb'r,
28,701
27,7 6 0
3,460
1,481
1.323
1 1,124’
lo .9 ? 3 : Pitts. Mar. A Ch. Seutenib'r.
2,687)
« v .A k n > M C 0 . JthwkFep
367,704! 285,182
26.505
736,04*
21,894
52,134
43,073
73.8.002 I lT «.»h y n .*L .K . Sepusmb'r.'
Clev. Can. A So. J u n e ........
103.000
37 3,08-0. Pltta'b. A We*t !Sypteuil.'re 142,955 122,009 1,198,858 1,038,779
S 1,866
419,797! -------Cl. tdn.Ch.Aft.L, 4 l b » k .-<■p. 447.505 451,195 10*324,206 11,007,
471,988
75,626
00,142
- (01
Fitts, CL A lid Septemb'r.;
«0&,8u2
Peo. A EsiHfn.j lstw k Aug
26,333
31,82-2
33,231
0.98,2211 1,020,555
I’ m -. Fa. & if. Bcfitemb’r.
270/287; 238,002
32,380
Cloy. A Marietta tthw ksop,
67,609
7,971
40,869 2,130,0/7 1,7 90,«4«
10,103
24,5,600
"**"**'
249,0171
.... I Total »tsteui..|lsi wk Out.
Col. Newb. A L. J u l y ........
970,942
975,654
01,022
3.117
131,0.j.9
2 1,8 0 1
PtU.Yoaua.AA. August___
4,294
37,303!
Col, II, V. A Xni.Fept.'UiU’r. 310,304 322.581
130,531
103,691
13,087
17,871
4*3,510 2,402,13* i Ft. Rovui A :ig. iu iy ..........
OoUSkawnteAH >6.- pteuib’r.
151,333
60,001
21,890
..........
P tR n y.A W .C ar.Ju ty..........
1*0,525
05,713
20,364
208,826
Cdlusa A L a k e , 8cp!,,icier
198,243
2,600
3,1*32
26,593
19,172
27,053
•22,0 o -2 tjttiucj O A K .t , septem b'r.
Conn. R iver.......J u n e _____
451,005
470.925
54,464
562,070
,
Itk'U.Ft'ksb.AP.duly...........
593,340
53,544
210,363
Current Riy.tr,. ithw kSep.
213,690
28,393
31,591
* T ,9 » i
14-.211 . R ich.A P etersb. J u ly ..........
110,040;
*' 4017*4
482,244
B e nr, A Rio Gr tUiwkSep. 193.000 2402100 5,829,773 0,71*2,21*2 Rio Gr, SoutU’u .. UbwkBep.
377,448
7,800
22,890
JJw. *1. No. A tv. August ...
46,100
26*2,270
47.000 1,717,809 2,005,268
33,511
27o,261 ittoG r.W est’ ll., l-i w kO ct.
38,985
76,073
85,939
Bat.BayC.AAiu. he, iem l/r.
32,703
14,453
20,400
12,559
321,741
272,251 ! 8ag,TaacotaA II,.Auguat___'
60,801
BwtXaua'gANo lstw k Oet.
63,107
25*968
7,941
7,525
26,75*
932,225 ! aag.Val.A8t. 1.'August—
8*23,150
1,077,857
DulnthfUi.&Atj lthwk8.jp,
37,310
1.164,SIS
1.646,00.1
60,490
38,860
41V257
1.706,312 8 t L. A. A T. I t IthwkSep.
21,705
Duluth * Winn.. Juue
19.428
1,974
2.325
26.744
133.097:
9,239
63,119 S tL K e n ’etASo. Septemb’ r.
E. Term. Va.A i,., ithw kS ep. 171,041 2 0 1 ,•'>-:> 4,W 7,»06! 4,384,627 i 8t.L.Southw'rn, Jlatwk Oet.
91,450 104,100 3,525.420 3,235,070
E lgin,Jol.AEast 8«ptetu!/r.
679,171
019,074 St. Paul A lta i’ tb -SepleutU'r. 1 0 0 , 6 8 1 229,118 1,274,384 1,478,261
82,090
75,804
872,*57
Eureka Soring*. J u ly ..........
770,838
7.S37
6,5*6
119,001 108,422
50.71.0
44,801 8an A tttA A .F . J u ly ..........
3,114
Evans A Ind'plu 1*(. wk Oet.
3.861
392
7,366
542
284.955
292.410 Saudersv.ATon. Ju ly ..........
8,071
600,678
Evans. A R ic a ., adwk Sept.
574,040
21,418
1,552
10,602
s.Fran.A N.P»c. 'JAwkSojit.
3 ,0 1:.
Ev*n«v. A T. 11.1st wkOct.
365,519 373,350
50,709
29,920 1.07;>,337
3O.*30
30,918
997,148 Bar. Aru, A MooJBeptemb'r.
1,552,427 1,653.203
Fitchburg.......... A u g u s t ...
573,221 691.’209 4eS82.0t>:t 4,36*, 100 Say .Fla. & W est (J u n o .........
63,750 _
Flint A P.Mar.p ithw kgep .
40,096
T 5 ,i l 2
■■7 , 5 0 6
64,842
75,339 2,123.512 2,112,593 Silver ton............h-pteiui.T.
157,86*- Sgj
Klorenee.............J u ly ...........
150,759
30,742
28,570
20,082 Sioux City A No. M ay..........
1,670
0,571
80,736
Ft.Cent. A F esli J u n e ........
134,920 »
168,130
19.000
17,500
99,020
South B oun d.. . . Septemb'r.
87,607
Ft. W. A Rio Gr septem b'r.
24,406
£52.-163
254.305 So. Pacific Co.— i
34,-161
G ads.A Aft. U-. r.-i.fcm b'r.
278,407 300,127 2,782,917 2,745.434 _
639
Gal. liar. A 8.A* August.
1,124
7,431
10,810
055,634
Georgia R R ..... eept. uib'f. 107,121
719,471
August.
70,188
84,165
954,019 1,047,324
130.582
lenuig'aWest. August—
Ga. C aF u A No ’Jinf ..........
31.247
342,302 417,HO 3,322,111 3,141,868
Morgau’ sLAT. A u g u s t.
273,527
111,445
20,465
137,195
159,504
17,766
21,127
Geo. So. A Fla. ..S e p te m b ’ r.
57,006
N .Y .T .& M e x . August
63,4*4
589,199
546.30 9
Georget’nA W 'D'Juiy.........
117.503 149,836 3,102,362 1.077,672
T e x .A N .O r l.. A ugu st.. . .
3,487
3,611
27,038
27,5 ld
7,817,978
8,224,970
Or. Kan. AI n d ... lstw k Oet
832,808 1,034,781
51,470 1,724,633 1,904,270
37.900
Atlantic sys.d. August___
Otn.lt. A F t W.I ts t wk oet.
' - " 3,658.274 22,95-,336 23,010,175
0,905
Pacitto system August----- 3,185,000
9,790
330,905
331.3,15
■
vi
i * 0 x i ./ 30,837,153
31,183,312
Other lines— I . u o m .
2.027
4,722
Total ot all.-! A u g u s t.... 4,017,808 4,ayy,o55
157,131
188,487
Total all lin es, U tw k Oct
47,392
CoastDivtCal.i 1 T ,
05,983 2,221,917 2,473,083
908,669 6,103,109 5,487,593
908,328
GrandTruiik. . * » Oet, 7
469,967 423.089; 15,113 ,7 0 1 lift,..03,9*24
8ou.W T,{C.'al.i-tJu'5 * " Chic. A Gr. Tf.i W» "opt.36 456,709
148,698 151,330 1,206.823 1,111,180
A m o u a D iv .. Ju ly.........
78,249 3.035,012. 2,780,907
577.399
-fi V 3 S 4
60.842
74.459
D o t Gr. I! ,A M , Whs. V.t.;t<»*
26,13 2
New M ex.l'l,*.1J uly.
88,769'
830.225
897.133

634

THE CHRONICLE.
Latest Earnings Reported.

|Jan. i to Latest Date.

KOADS.
Week or Mo
Boutli Carolina..
South A N or. Oar.
8p ar.U n .A C ol.
Btaten I bI. R. T .
StonyCl.ACM t..
Summit Branch.
Lykens Valley
Tot’l both Co’s
Texas & Pacific.
T ex.S.ValAN .W
Tol. A Ohio Cente
Tol. P. A W est..
T ol.St. L .A K .C .
Uleter & D e l...
Union Pacific—
Or.S.L. A U. N
O r.R y.A N .C o
TJ. Pao. D . & G.
8t.Jo.AGd.IsL
T A ll other lines.
,
Tot.U.P.Sys.
Cent.Br.AL.L.
I Montana U n ..
Leav. Top. AS.
Man. Al. A Bur.
Gr’nd t o t a l/
Vermont Valley
W abash...............
Wat). Ches. A W .
W est Jersey........
W .V .C en.A Pitts
W est Va. A Pitts.
W est. Maryland.
W est. N .Y . A Pa.
Wheel. A L. Erie
Wil.Chad.ACon,
Wil. Col. A Auer.

Septemb’r
J u ly........
July........
A ugust..
J u ly........
A ugust..
A u g u st..
A ugust.,
ls tw k Oot
Septemb’r.
ls tw k Oct.
4thwk Sep.
ls tw k Oct.
July...........

1893.

|

1892.

|

1893.

S
1
$
,1
$
91,900
944 .2 0 6
115,388
658
488i
14,102
8.601
8,3821
63,7761
122,701
132,824
725 ,9 7 6
11,062
14,028,
25,9021
86,092
105,599
828,700
69,792
99,8 3 3
709,086,
155,884
205.432 1,5 3 7 ,7 8 6
145,239
162,046) 4,9 3 1 ,3 1 1 i
3 ,484
4,155
38.595)
45.858
44,696 1,516,814
28,048
3 3 /3 9
719 ,1 1 4
34,5 4 6
50,3 9 0 1,365,742
54,613
54,6 6 0
235,060'

July...........
480,141
699, 201
281,300
July...........
383, 465
490, 972
July...........
387 ,7 5 9
ls tw k Oct.
24,100
40,,000
July........... 1,504,368 1,964, ,124
July........... 2 ,734,330 3,615, ,358
60,316
July...........
91, 133
63,082
July...........
82,,606
July...........
2,375
2,,228
J uly...........
2,999
2,,485
July........... 2,8 2 8 ,8 7 4 3,750, ,150
J u n e .........
lstw k Oct. 3 20,000
327, 000
August___
7. 803
7,481
August----232,060
266i 066
Septemb’r.
94. 369
101,360
J u ly...........
37,239
30, ,143
August—
130,617
124 535
4th wk Sep.
84,000
100, ,800
ls tw k Oct.
28,438!
28, 194
J uly...........
2, S53
2.295 i
July..........
47. 706
37.810'

1892.
*
946 ,1 3 2
11.749
60.323
747 ,3 6 7
28.221
848.819
686 .8 1 2
1,535,631
4,7 3 7 ,6 0 3
35,6 5 4
1,479,518
7 3 0 ,3 1L
1,683,869
2 25,914

679,657 3.9 9 1 ,0 3 4
136,810 2,3 4 3 ,9 4 0
133,649 3,2 0 9 .8 9 2
8 88.834
9 34,210
,539.229 12,502,280
,173,359 2 2 ,6 92,874
5 89,610
6 96,216
636.271
480,258
15,204
20,356
22,042
23,970
,022,684 23,728,423
88,6 0 4
89,861
,524,518 10,745,931
48,8 6 0
62,561
,196,180 1,186,276
888,342
815,830
176,640
236,05 -4
805.942
690,800
,684,935 2 ,574,967
,185,702 1,103,006
16,84^
14,186
374 ,3 5 0
460,407

* Includes Col. Mid. in 189 3 and 1892 for week and year to date.
t Includes M ilwaukee A Northern for all periods.
§ Includes W is Central to September 26 inclusive for both years.
a Figures cover only that part of mileage located in Soutn Carolina
b Earnings given are on whole Jacksonville Southeastern System
c The business of the Lehigh Valley and Lehigh A Wilkesbarre de­
partment 8 is included in 1893. d Includes earnings from ferries, etc.,
not given separately, t M exican currenov. e Tol. Col. A Cin. included
for the week and since Jan. 1 in both years. / Includes only half of
lines in which Union Pacific has a half interest.’

Latest Gross Earnings by W eeks.— The latest weekly
earnings in the foregoing table are separately summed up as
follows:
Our preliminary statement of earnings for the first week
of October covers 41 roads and shows a loss of 5‘80 per cent.
ls< week o f October.
Balt. A Ohio Southwest.
Buffalo Roch. A Pittsb’g.
Chicago A East. Illinois.
Chicago Great W estern..
Chicago Milw. A St. Paul.
Chic. A West Michigan. . .
Cin. Jackson A Mackinaw
Detroit Lansing A N o___
E vansv. A Indianapolis.
Evansv. A Terre H au te..
Grand Trunk of Canada.
Grand Rapids A ln d ian a .
Cincinnati R . A Ft. W ..
T ntem ’l A Gt. North’n . . .
Kanawha A Michigan___
K an. City Suburban Belt.
Lake Erie A W estern.......
Louisv. Evansv. A S t .L ..
Louisville A N ash v ille...
Louis. N. Albany A Chic.
Mexican C e n tr a l.............
Mexican National.............
Mo. Kansas A T exas........
N . Y . Ontario & Western
PeoriaI>ec. A E v a n sv ...
Pittsbmjjr A W estern........
St. Joseph A Gd. Island..
St. Louis Southwestern..
Texas A Pacific.................
Toledo A Ohio Central. . .
Toledo St. L. A Kan.City.
Wheeling A Lake Erie ..
Total (41 roads).............
Net decrease(5-80 p.o.

1893.

1892.

s

$
49,915
33.L91
62,191
4 6 7 ,0 0 0
lh 0 ,8 2 5
114,010
101,935
831,86r»
43,492
13,649
25,858
7,366
30,9 3 6
468,867
37,800
6,965
2,627
79,3 1 4
4 9 .6 6 2
6 ,440
4,991
64,422
36,6 8 5
346 ,9 4 0
75,3 8 2
129,869
80,051
239,237
452 ,0 0 0
69,9 5 9
191,927
16,571
5 7 ,89 J
46,4 0 0
24,1 0 0
94,4 5 0
145,239
45,858
34,5 16
320 ,0 0 0
28,438

56,327
37,124
69,846
453 ,0 0 0
207,740
108,311
117,374
791,239
42,801
15,333
26,757
8,071
26,9 2 6
423 ,9 6 9
51,4 7 6
9 ,790
4.722
93.510
46,3 8 3
6,699
3,761
77,8 3 2
39,4 4 2
4 3 9 ,7 6 0
67,829
148,275
98,614
230,488
584,000
601943
223 ,9 5 6
19,292
49,8 6 8
4 7 ,0 0 0
40^000
104 ,1 0 0
162,046
44,6 9 6
50,3 9 0
327 ,0 0 0
28,194

5 ,1 28,863

5 ,4 4 4 ,9 0 4

Increase.

.

Decrease
*
6,412
3,933
7,655

s

14,000
16,915
5 .699
40,626
691

15,439
1,684
899
705

4 ,0 1 0
44,8 7 8
13,676
2,825
2,095
14,196
3,279
1,230
.............
7,553

259
13,4 1 0
2,757
92,8 2 0
18,406
18,563

8,749
132 ,0 0 0
9 ,016
.............

3 2 ,0 2 9
2,721

8,022

.............
1,162
244
14 9 ,1 5 9

600
15,9 0 0
9 ,650
16,807
15,8 4 4
7 ,000
4 6 5 ,2 0 0
3 1 6 ,04L

For the fourth week of September our final statement covers
72 roads, and shows 10*69 per cent loss in the aggregate.
4 th week o f September.

1893.

Prevlouslvrep’4<33 r’ds)
Atcb. Top. & 8. Fe S ys..*
St. Louis A Sau Fran..
Brooklyn Elevated...........
Chicago A Grand Trunki
Chicago Great W estern..
Chicago A W est Michigan
Cin. Jackson & Mackinaw
Cin. N.O. A Tex. Pac.5 rds
Cleve. Akrou A Columb.
Cleve. Cin. Chic. A St. L ..
Cleveland A M arie tta...
Current R iver....................
D et. Gr. Haven A Milw.t

$
6,2 8 8 ,9 4 0
987,533
2 38,722
39,387
156,799
131,638
63,858
17,565
243,472
21,8 9 4
417 ,5 9 5
7,971
1,951
26. 112

1892.
$
6 ,970,738
1 ,174,750
302,931
- 45,4 9 0
73,247
157,056
65,251
19,944
2 59,583
26,505
4 51,195
10,102
4 ,674
23,769

Increase.
$
105,633

Decrease
$
787,431
187,217
64,209
6,103

83,552
22,368
1,393
2,379
16,111
4,611
3 3 ,6 0 0
2,131
2 ,723
3,657

4 th week o f September.
Detroit Lansing A North.
Duluth 8 . 8. A A tlantic...
Last. Teun. Va. A Ga ..
Evansv. A Indiauapolis..
Flint A Pere Marquette.
Grand Rapids A Indiana
Ciuoinuati R. A Ft. W ..
Other lines........................
Iuteroceame (M e x .).:___
Kan. City Clin. A Spring.
Kan. C. Ft. 8. & M e m ....
Kan. City Mem. A Birin.
Keokuk A W estern...........
Memphis A Charleston...
Mexican Rail way $ ...........
Minn. St. P. A S. S. M . . . .
Onio River..........................
Rio Grande Southern___
Rio Grande W estern.......
Sc. L. Alt. & T. H ...............
Toledo Peoria A West’ nS
Western N. Y . & P en n ..
Total (72 roads).............
Net decrease (10 69 p.e.)

[V ol. LVIX.
1893.

1892.

30,729
49,257
171.011
10.290
64.812
52,13 4
10.537
3,860
38,222
6,178
99,339
28,557
11,520
36,338
54,746
83,612
20.397
7,809
71,9 0 0
37,310
28,018
84,0 0 0

3 5 ,8 0 *
66,4 9 0
201,585
10.752
7 5 ,3 1 8
7 0 ,4 5 0
14,830
7,613
32,9 9 0
7,685
120.2 >7
29.915
12,6 >3
48,2 9 7
46,500
119,603
21.190
22,830
92,1 0 0
38,860
34.639
100,800

9,6 4 6 ,1 5 3 10,800,585

Increase.

Decrease.
5,079
17,233
30,544
462
10,496
18,316
4,293
3 ,783

5,232
.............
8,2*46

1 ,507
20,958
1,358
1.178
11,959
35,9 9 1
793
15.0 7 1
2 0 ,2 0 0
1,550
5,591
16,800

202,663

1,357,095
1,154,432

* Includes Colorado Midland both years.
t Week ending September 30.
+ Week eudiug September 23.
§ No State fair held in Peoria this year.

Net Earnings M onthly to Latest Dates.—The table fol­
lowing shows the net earnings reported this week. A full
detailed statement, including all roads from which monthly
returns can be obtained, is given once a month in these
columns, and the latest statement of this kind will be found
in the Chronicle of September 23. The next will appear in
the issue of October 21.
Wet Earnings.-----Gross Earnings.—
1892.
1892.
1893.
Roads.
$
$
19
3
,1
6
4
160,679
54,879
Chic. A W. M ich.......Aug.
3 3 3 .7 1 2
Jan. 1 to Aug. 3 1 - . . . 1,2 5 1 ,1 7 9 1 ,2 75,146
1 26,406
Det. Lans. A N o r .a ,. Aug.
47,9 1 6
23,1 0 2
109 ,7 2 5
1 97,451
7 9 1 ,3 4 6
7 9 7 ,1 7 0
Jan. 1 to Aug. 3 1 ___
144,515
6 4 .5 6 0
55,1 5 7
2 2 5 ,4 3 4
206,098
Flint A Pere M a r .a .. Aug.
539 ,7 9 1
Jan. 1 to Aug. 3 1 ___ 1,9 1 4 ,1 0 2 1,9 0 3 ,4 6 7
45 0 ,9 1 3
4 9 ,1 1 2
130,582
107,421
4 1 ,2 8 7
G e o rg ia ............. ,..a S e p t.
185,462
Jan. 1 to Sept. 3 0 ___
194,433
954 ,0 1 9 1 ,047.324
93,5 0 1
82,046
35 2 ,2 8 6
287,303
July 1 to Sept. 3 0 ___
3 2 3 ,7 5 1
6 22,583
Illinois C entral....a.A u g. 1,9 0 8 ,8 5 6 1 ,591,017
Jan. 1 to Aug. 3 1 . . : . 13,599 ,4 2 3 12,156,731 4 ,1 02,121 2 ,6 4 4 ,8 1 0
5 29.713
July 1 to Aug. 3 1 . . . . 3,6 9 8 ,5 9 2 3,0 4 0 ,5 8 3 1 ,1 5 3 ,9 8 7
131,133
332,159
Louisv. N. A . A C ..a . Aug.
332,289
123,725
716,849
7 2 8 ,1 5 3
Jan. 1 to Aug. 3 1 ___ 2 ,2 6 4 118 2,124,S 56
626 ,4 1 6
237 ,7 8 8
2 3 9 ,5 8 6
July 1 to Aug. 3 1 ___
6 4 9 ,2 9 0
46,6 3 5
37,4 7 4
76,5 3 7
90,5 0 1
Ohio River.........b ..A u g .
1 8 8 ,7 7 0
1 92,736
5 17,446
469 ,0 0 6
Jan. 1 to Aug. 3 1 .. .
393 ,0 0 0
104,961
93,308
3 59,716
Oregon Imp. C o .a ...A u g .
514 ,7 1 9
435,648
Jan. 1 to Aug. 3 1 ___ 2,5 3 3 ,7 8 2 2,5 8 8 ,5 8 2
555 ,0 0 1
480 ,3 3 0
Dec. 1 to Aug. 3 1 ___ 2 ,835,428 2,8 8 6 .4 2 0
1 6 6 ,3 6 4
95,2 5 7
433,553
5 13,035
Philadelphia A Erie.. Aug.
880 ,6 5 2
Jan. 1 to Aug. 3 1 ___ 3 ,437,785 3,2 6 1 ,1 4 8 1,0 4 3 ,7 3 6
95,3 3 6
255
,2
7
0
71,0 1 0
182,440
Rio Grande W e st,b ..A u g.
576 ,6 4 1
522 ,9 9 5
Jan. 1 to Aug. 3 1 ___ 1 ,4 91,369 1 ,7 02.868
190,915
156,035
3 8 0 ,3 5 7
504,978
July 1 to Aug. 3 1 ___
1,297
1,992
7 ,525
7,941
Sag. Valley A St. L ..A u g .
14,4 7 5
19,697
63,1 0 7
60,801
Jan. 1 to Aug. 3 1 ----Southern Pacific Co.—
7 4 ,7 2 2
2 78,407
360 ,1 2 7
34,7 5 6
Gal. H. A 8. A u t.b. Aug.
4 5 9 ,5 3 0
5 88,003
Jan. 1 to Aug. 3 1 .. 2 ,7 6 2 ,9 1 7 2 ,7 4 5 ,4 3 4
40,0 3 1
84,165
25,6 6 8
70,1 8 8
Louisiana W est..b A u g .
6 5 5 ,6 3 4
297 ,4 2 0
3 2 2 ,6 5 1
719 ,4 7 1
Jan. 1 to Aug. 3 1 ..
72,6 2 2
4 1 7 .1 6 6 def. 18,976
34 2 ,3 0 2
M’gan’ s La. A T ..b A u g .
3 9 3 ,4 6 0
4 6 2 ,0 0 2
Jau. 1 to Aug. 3 1 .. 3,3 2 2 ,1 1 1 3,1 4 1 ,8 6 8
6 ,8 8 3
5 ,112
21,1 2 7
N .Y .T e x . A M ...b .A u g .
17,766
23,2 3 9
1 37,195
Jan. 1 to Aug. 3 1 ..
150,504
36,979
7 0 ,1 3 6
36,441
1 49,836
Texas A N. O .b .-.A u g .
117,503
448 ,9 8 0
530,486
Jan. 1 to Aug. 3 1 .. 1 ,192,362 1,077,672
2
5 9 ,9 0 4
1,034,781
83,492
Atlantic system, b. Aug.
832,808
Jan. 1 to Aug. 3 1 .. 8 ,2 2 4 ,9 7 6 7 ,8 1 7 ,9 7 8 1 ,9 51,902 1.6 0 5 ,5 7 3
Pacific sy ste m .b ..A u g . 3.1 8 5 ,0 0 0 3 ,5 5 8 ,2 7 4 1,4 0 1 ,0 0 1 1,5 9 2 ,1 8 1
Jam 1 to Aug. 3 1 ..2 2 ,9 5 8 ,3 3 6 23 ,0 1 9 ,1 7 5 8,4 9 4 .8 0 3 8 ,8 9 4 ,4 7 6
Total of a l l.b ....A u g . 4,0 1 7 ,8 0 8 4,5 9 3 ,0 5 5 1 ,484.493 1,8 5 2 ,0 8 6
Jan. 1 to Aug. 3 1 ..3 1 ,L 8 3 ,3 1 2 3 0 ,3 37,153 10,446,705 10 ,5 0 0 ,0 5 2
7 6 ,7 1 3
50,845
Toledo A O. C e n t... bAug.
148 ,5 1 4
198,973
414 ,9 3 1
Jan. 1 to Aug. 3 1 . . . . 1,2 8 0 ,2 3 2 1 ,2 39,224
4 2 5 ,7 4 9
1 28,275
110,5 L2
July 1 to Aug. 3 1 . . . .
312 ,9 7 2
366,681
11 3 ,6 4 9
7 4 ,2 7 4
West. N. Y . A Penn. bAug.
299 ,0 2 1
325,886
7 5 2 ,8 1 6
6 7 0 ,4 2 0
Jan. 1 to Aug. 3 1 . . : . 2 ,3 9 9 ,8 3 5 2,2 4 3 ,7 6 7
146,394
2 2 5 ,2 9 0
July 1 to Aug. 3 1 . . . .
601 ,3 3 6
631,218
3 6 ,2 4 7
29,521
WTest V a. Cent. A P. Sept.
1 0 1 ,3 6 0
94,3 6 9
3 2 7 ,3 7 7
275 ,0 5 6
Jau. 1 to Sept, 3 0 . . . .
888 ,3 4 2
815 ,8 1 0
93,0 1 4
84,358
July 1 to Sept, 3 0 . . . .
2 7 5 ,7 0 4
269,219
a Net earnings here given are after deducting taxes,
b Net earnings here given are before deducting taxes.

Interest Charges and Surplus.— The following roads, in
addition to their gross and net earnings given in the foregoing,
also report charges for interest, &c., with the surplus or deficit
above or below those charges.
Roads,
Ohio. & West M ich ..A u g.
Jan. 1 to Aug. 3 1 ___
Det. Lans. & N or___ Aug.
Jan. 1 to Aug. 3 1 . . . .
Flint & Pere M a rq .. Aug.
Jan. 1 to Aug. 3 1 ___
Sag. Valley & St. L . Aug.
Jan. 1 to Aug. 3 1 . . . .

r—lnler’ t, rentals, etc.—, —Bat. o f Net Earns.—,
1893.
1892.
1893.
1892.
$
22,643
d
ef.2,892
32,2 3 6
32,758
190 ,0 1 0 det.60,2 0 7
143,702
262,839
26,242
1 ,8 6 0
21,6 7 4
26,212
210,165 det.68,353 d ef.12,714
212,868
51,3 6 9
3 ,8 9 5
13,191
51,262
3 9 9 ,0 4 2
4 9 ,4 1 6
140 ,7 4 9
401 ,4 9 8
3 ,5 5 7 d e l l , 565 det.2,260
3 ,557
29.4 5 3 def.9 ,756 del. 14,978
29,453

THE CHRONICLE*

October 14, 1893.]
ANNUAL

REPORTS.

New York New Haven k Hartford Railroad.
f For the year ending June 30, 1893.^
Brest. Chas. P. Clark states in his report that the earnings
include the business of the roads leased during the year,
namely, the Housatonie, the Danbury & Norwalk, the New
Haven & Derby, and also the Berkshire, Stockbridge & Pitts­
field and West Stockbridge railroads: the operations of the
property acquired under lease of the Old Colony Railroad
are not included. Reports will be made by the Old
Colony officials to the close of the fiscal year, June 30, 1893,
and bv this company from that time. The report made last
year covered 508-08 miles. The present report covers 830-83
miles. The company is now operating 1,493 miles.
Under the company's circular of Dec. 10. 1893, warrants
were issued to the shareholders of record for the debenture
certificates, and subscriptions were received for substantially
the whole amount, say for §13,123,800, the first instalment on
which was paid April 1, 1893, This issue of certificates, con­
vertible at the expiration of ton years into capital stock o f the
company at par, together with the large exchanges of the
stock of the leased lines, practically exhausted the authorized
capital. It was therefore necessary, in order to comply with
the terms of the lease of the Old Colony Railroad (which pro­
vided for an exchange on the basis of nine shares of your
stock for ten shares of Old Colony i, to seek an enlargement of
corporate powers, and an Act was passed by the General
Assembly of the State of Connecticut, and approved the 2d of
March, 1893, which was accepted at a special meeting on the
4th at April, making the possible capital of the company
$100,000,000. Toe exchanges o f Old Colony stock are now
rooeedtng, about 33,000 shares having been exchanged at the
ate of this report,
“ A large exchange of share# of capital stock of leased lines
has been made for the shares of this company during the year
Stock of our leased lines held in the company’ s treasury was
converted into our own stock, and the resulting 18,323 shares
made available for the general purposes of the company.
Tenders were invited for its purchase, both by advertisement
and by circular. The bids were opened on the 14th of January
and the entire amount waa sold on that day at a fraction
above $255 a share. The proceeds, amounting to $8,398,555 81,
have been used for the improvement of the company’s prop­
erty. Every share o f the New York Providence & Boston
Railroad Company having been converted into your own
stock, that corporation in Rhode Island a* well as in Connec­
ticut has been absolutely merged with your company by legis­
lative and corporate action. Every share o f the li artford &
Connecticut %alley Railroad Company having been exchanged
for share* of this company, it has been merged and baa ceased
to exist as a separate corporation.
** Reis log on the suUcriptioos for debenture certificates, the
improvements outlined in the circular referred to were under­
taken at various point*. and have been steadily proceeding to
the present time. It is expected that the four tracks wilt lie
in use from Port Chester to a point west of Greenwich, and a
small section from Davis' Mill Pood in Greenwich to the Cos
Cob River, within ihe next ninety days. It w also expected
that four trucks will be in use at the same time from Central
Avenue in Bridgeport to the Housatonie River, and a section
Of about two miles in the town of Orange. Work has liven
continued through Mount Vernon, but another year will lie
required to finish It.” * * * “ The double tracks upon the
Now London Division have been finished to the point of
divergence of the new line between East Haven and New
Haven, and the work of changing the line is being carried on.
It is hoped this section will be opened in the spring, com­
pleting the double track between Boston and New York by
the Shore Line,"
New terminals are needed in the City of Providence, anti an
expenditure of not less than a million and a-half dollars must
be made at that point. Work upon these terminals has been
commenced.
The contract with the Wagner Palace Car Company ex­
pired October 31, 1892, by its own terms. The directors, be­
lieving that the owners of the railroad are entitled to the
revenues from parlor and sleeping cars on its lines, declined
to renew the contract, and the company ia now operating its
own service, except that between Boston and Washington by
the Pennsylvania Railroad,

S

Earning*—
Passenger dep’ t.
FrcigUSaep’ t —

635
FISCAX RESULTS.
1889*90,
1890 91,
$
6,178,368
6,649,937
4.570,800
4,673,630

Total earnings. 10,749,163
Expenses—
Slain, o f way, cte. 1,887,862
Main, o f e q u ip ... 1,012,150
Cond'g trauapor. 3,611,300
867,962
General...............
Total expenses
Net earnings-----

7,379,774
3,369,394

1891-92.

1892-93.

6.903,279
5,010,421

9,807,545
8,115,524

11,323,617

11,913.700

17,923,069

1.611,255
1,334,384
4,291,654
69 L.60S

1.574,243
1.263,442
4,78-1.819
645.502

2,190,985
1,706,204
7.346.316
1,162,430

7,928,901
3,394.716

8,273,0 Ll
3,640,639

13,405,935
5,517,134

*In Addition to those stated, the Company ow ns 50-94o f 7 passenger
cars, 1 com bination car. 1 baggage ear and 2 baggage flat ears with
orates. In "Stonlnitton Line,” 188-232 o f 4 passenger ears in “ Colonial
E xpress." and 61-103 o f 1 dining ear: also 3 steamers, 10 tugs and 29
ear floats.
INCOME ACCOUNT.

1389-90.
$
3.369,393
149,383

1390-91.
$
3,394,715
188,305

1891-92.
$
3,6-10,690
139,238

1892-93.
$
5,517,134
400,418

3,518,776

3,583,030

3,829,928

5,917,553

D tltu rt-

Interest on fund­
ed debt ..............
Other interest-..
R entals................

80,000

80,000

80,000

Taxes
.............
Oivid’ds (10p.<>.»

982.883
5* 2,376
1,705,000

934,060
6)6 ,9 2 3
1,865,000

981.665
605,962
2,103,750

116,333
199,832
1,737,531
8-45,858
2,945,535

Surplus ........ .

3,320.766
198,010

3,543,988
37,097

3,771,397
58,531

5,865,089
52,463

"Include* interest on subscriptions to d eb, certs., and other

BALANCE SHEET JUNE 30.

interest.

1891.
1892.
1893.
A u e ts $
*
C oo of r o a d - .....................................21.632,030 23.798.950 35,549,819
C.W1 o f e q u ip m e n t ........................ 3,870,485
3,897.617
5,111,515
719,774
Cash on H a n d ............. ...................
199,885
322.715
BU1« receivable........... ........
300
300
769.225
Current a«-at*...................................
306.138
372,592
1,311,007
t'unrtniteiit . - - 'I - ....... . . . . ..............................
129,120
Stocks o f leased lines exchanged
for -V. 5 X. II A It. • ,< .................................
3,703,000
II.ll
,• ................
79-1.Hill
632,867
1,372,223
D ue b y a g e n ts , e t c
..........................
9 9 .1 1 8
123,618
343,794
Stoeitt and bonds ow n ed ..........
2,239.277 1,974,937
2,163.961

8

Total............ ..........................
XteStlfln*—

29,670,612

3I,OOQ,2o5 51,135,879

Capital aloes ...........................
18,700,000 23,375.000 32,938.000
Funded
lit ................... .................... *2,060,000
2 000,000
(.300,000
Subscriptions to conv. cert*...........
............
3,281,900
Uouraioaic K8L cert* ......................
............
350,000
Advances on account of new stock
878.505
10.414
10,336
Dtwteod* ami interest unpaid A .*
6,755
500,000
Loans and hill* payable..................... 3.1 10.000
2,412,500
97 ,018
Open accoun t*........ ...... ............... .
158.526
141.060
Audited voucher*, wag*'*, e tc .......
6 -8,97 3
1,345,031
764.299
Rental* duo July i ....... ..................
l.j.521
45,500 •
1,442
193.101
Accrued rentals n ot yet d u e ...___
192.264
182,038
7,217
>!!*•*-< paneon* . . . . ------. . . . . . . . . . . . .
63,630
Proflt and loss (surplus)..................... 3,860,484
4,007,716
6,109,916
T otal.................................................29,670,612

31,000,2(53 51,135,879

Boston A Maine Railroad.

/ For the year ending June 80, 1893.J
The fiscal year of this company now ends with June GO
instead o f Sept. 80, ami the pamphlet report is for the nine
month-': ending June 30. Tim figures below, however, have
ix-en compiled for the O h k o x i c l r for the f u l l y e a r s ending
Juno 30, thus showing a proper comparison.
The annual report states that tho road, franchises and prop-

stock of these roads has been exchanged for the common
stock of the Boston & Maine Railroad.
The total amount expended during the nine months for
rolling stock, less proceeds of cars sold, waa $553,822, o f which
§247,10,i was charged to operating expenses, and $305,028 to
equipment fund. No equipment has been charged to con­
struction, except that included in the purchase of the Orchard
Beach Railroad. The elevator, with its 1,40(1 feet of abed on
the water front at Mystic, with a capacity of 1,750,000 bushels
(second largest of itselass in the world), under construction at
the making o f last report. Is now completed and in active
(•Iteration. Tne desire on the part of shippers of grain from
the Northwest to avail themselves o f the reasonable rates via
Boston, and avoid expensive transfer charges in New York,
The operations, earnings, etc., for four years are shown was considered by the directors, and it is claimed that no im­
provement or construction on the part of railroads has done
below, compiled for the Chronicle .
more for the City of Boston than the completion of this enter­
OFE RATION'S,
prise, thereby utilizing a portion of the water front that for
1889-00.
1890-91.
1892-93
1891-02.
years baa awaited improvement.
MSIeiop. June 30
508
508
848
508
Charges have been made to construction account during'
X im p m m l Jvne 30—
L ocom otive*___
209
224
422
239
the nine months as follows •
Passenger ears..
Freight car* ...
Other eqnlptn't*
Opera! um*

533
4,362
lit

051
4.364
34

Pa#*, e a rn e d ..
13,149.140
14,030,868
Pass. car. 1 mite 325,181,474 3 4 ’, ,370,316
A v. rate
per
„ pass, per mile.
1 90 et*.
1 6 9 cte.
Freight (tonsi
earned.............

3 ,563.873

3,8 0 2 ,0 1 2

659
4,518
34

14,658,905
354,142,716
1*7 cU .
4.120,477

Freixht. (tons)
car. one mite 248,619,796 255,343,984 280,475,679
Av, rate per ton
per m ile.......... 1-83 ct*.
1-79 at*.
1-756 eta,

1 ,049

7,973
206
23,187,894

476,828,944
1*797 ete.

6,859,100
419,056,144
1-867 cts.

Newboryport City Railroad, purchased..........................$55,500
u d iroa d . purchased.................................. 32,326
v *^
--------— $87,826
Double track......................................................................................... 131.351
New buildings, dto..................
683,840
L and....................................................................................................... 64,608
Total ........................... .................................................... ............... $967 ,627

The report says : “ Two thousand and fifteen shares of
common stock have been issued during the nine months, of
which 1,458 shares were issued fo r capital stock of the New­
bury port City, Orchard Beach, Dover & Winnipisseogee arid

TBE

686

CHRONICLE.

LVol. l v i i

W o lf boro' railroads, surrendered and canceled. 73 shares ] quarters. This has been partly accomplished by the location
were issued in exchange for Boston & Maine scrip, and the of new lumber mills upon its line, increased business from
balance of 485 shares was issued to stockholders at par, under truck farms near its southern terminus, and the inauguration
circular dated June 24, 1891. The capital stock of your road of a line of steamers to the Bay Islands and Central America,
outstanding June 80, 1893, is 31,498 shares of preferred and which are now supplying considerable tonnage in tropical
187,345 shares of common stock. 9,453 shares of the common fruits, reaching the Mobile & Ohio Railroad via the Port of
stock are held by the trustees of the Eastern Railroad as col­ Mobile.
lateral secmity for the payment of its certificates of indebted­
“ A t a special stockholders’ meeting, convened May 29, 1893,
ness, and 3,744 shares are held in your treasury on which no a resolution was adopted instructing the directors to take such
dividends are paid. Your funded debt shows an increase action as should be found necessary to secure the construction
made during the nine months of $872,250.”
of a railroad from Columbus, Miss., to Montgomery, A la., with
The Connecticut River road, with its franchises, rights and a view of increasing the traffic and business of the Mobile &
property, was leased during the fiscal year.
Ohio Railroad, and to secure thereby increased earnings for
The statistics of operations, financial results, etc., have the trunk line.
It is believed that when this line is built,
been compiled for the Chronicle for the full years ending reaching, as it will, the Warrior and Cahaba coal fields of
June 30 as follows.
Alabama, and the marble quarries in Bibb County, it will
prove to be a valuable feeder to the Mobile & Ohio Railroad
OPERATIONS AND FISCAL RESULTS.
proper.
3 83C-91.
1891-92.
1892-93,
“ The litigation referred to in the last annual report between
1,293
M iles operated .Tune SO.............
1 ,2 1 0
1,210
the assenting stockholders and the Farmers’ Loan & Trust
Operations—
3 6 ,2 47,601 Company, trustee, and the 4 per cent bondholders, has been
Passengers carried...................... 3 1 ,1 7 4 ,5 4 4
33 ,4 5 9 ,8 9 8
Passengers carried one m ite...4 1 3 ,3 1 3 ,5 9 4 4 3 1 ,2 6 0 ,3 1 4 46 9 ,3 2 3 ,3 1 6 finally and conclusively determined.
The Supreme Court of
Rate per passenger per m ile ... 1-818 cts.
.............
1 8 0 3 cts
Alabama, having conclusive jurisdiction overall the questions
8,0
6
5
,1
6
7
Freight (tons) carrie 1................. 6 ,9 8 2 ,0 2 2
7,2 1 5 ,3 0 8
Freight. (tODS) carried 1 m ile --4 3 0 ,7 4 9 ,0 5 2 4 8 0 ,8 9 2 ,5 5 7 51 9 ,2 3 6 ,6 2 1 involved in the litigation, determined that the holders of the
4 per cent bonds had the power and authority to meet and in­
R ate per ton per m ile................. 1 '6 6 6 cts.
1-53S cts
Earnings—
struct the trustee of the general mortgage of 1888 how to vote
$8 ,4 8 8 ,2 8 9
$ 9 ,2 3 7 ,4 -4
Passenger department............. . $ 8 ,1 7 2 ,0 8 5
7,1 8 4 ,8 0 5
7 ,2 6 2 ,6 7 5
8 ,0 12,811 the debentures on deposit with the trustee at all debenture hold­
Freight department....................
25,6 3 9
7,701 ers’ meetings. It also decided that the right to vote the deben­
3 2 ,8 3 0
Miscellaneous.............................
tures on deposit with the trustee of the general mortgage of
Total....................................... ..$ 1 5 ,3 8 2 ,5 2 0 $ 1 5 ,7 8 3 ,7 9 4 $ 1 7 ,2 5 7 ,9 8 6 1888 continued until the entire issue of §8,650,000 of deben­
Expenses—
f 2,5 5 0 ,9 1 0 tures were paid off or extinguished.”
Maintenance of way................ .. 2,276,585')
j 1,808,576
A statement of the results for four years has been compiled
Maintenance of equipm ent.. .. 1 ,3 64,741 (
10,3
3
5
,8
9
0
Transportation......................... . . 5 ,8 4 2 ,6 2 6 f
1, 6,5 2 7 ,5 5 8 for the Chronicle as follows :
[

General..........................................

821,319

OPERATIONS, EARNINGS AND CHARGES.

Total (excl. taxes)............. ..$ 1 0 ,0 8 3 ,4 9 8
5 ,2 9 9 ,0 2 2
N et earnings...................................
Per c. of op. exp. to earnings..
65-55

1 0 ,3 3 5 ,8 9 0
5 ,4 4 7 ,9 0 4
65-50

$1 1 ,7 0 8 ,3 6 3
5,549,623
6 7 84

INCOME ACCOUNT.

Receipts—
N et earnings...
Other income.

1 8 90-91. .
$ 5 ,2 9 9 ,0 2 2
352 ,8 4 3

1 8 91-92.
$ 5 ,4 4 7 ,9 0 5
427 ,2 8 9

T otal........................................... $ 5 ,6 5 1 ,8 6 5
Deduct—
1 ,147,548
Interest.............................................
R entals.............................................. 2 ,0 1 1 ,8 0 0
T axes.................................................
710 ,2 3 8
D ividends........................................
1 ,3 9 0 ,8 1 6
Sinking iund................................
7 2 ,1 9 9

1 ,1 7 7 ,7 9 1 1
2 ,0 1 3 ,8 4 5 '
69 5 ,3 5 2 S
1 ,3 5 4 ,8 9 0
7 2 ,1 2 9

$ 5 ,8 7 5 ,1 9 4

T otal........................................... $ 5 ,3 3 2 ,6 0 1
Surplus..............................................
$ 3 1 9 ,2 6 4

$ 5 ,3 1 4 ,0 0 7
$ 5 6 1 ,1 8 7

1892-93.
$5 ,5 4 9 ,6 2 4
543,135
$ 6 ,0 9 2 ,7 5 9
3 ,9 9 5 ,2 0 0
1,580,155
8 0 ,4 1 4
$ 5 ,6 55,769
$ 4 36,990

GENERAL BALANCE SHEET.

Sept. 3 0 ,
Sept. 3 0 ,
June 30,
Assets—
1891.
1892.
1893.
Construction and equipm ent..$ 3 2 .6 8 3 ,0 0 4
$ 3 3 ,8 3 1 ,8 9 2 $ 3 4 ,8 0 9 ,5 1 0
Investm ents...................................
6 ,2 7 1 ,6 1 3
6 ,6 7 1 ,2 8 2
7 ,133,013
C ash...................................................
950,711
1 ,3 9 4 ,0 8 6
4 82,553
Bills receivable.............................
6 43,658
64 7 ,3 5 8
1 ,1 11,916
Sinking funds.....................
39 3 ,8 5 1
459 ,8 9 1
416,785
Materials and supplies...............
1,8 2 8 ,5 1 9
1 ,6 4 5 ,9 9 6
2,189,274
Duefrotn ag’ts, co.’ s,indiv.,& c.
2,4 7 0 ,3 3 1
2 ,4 1 6 ,2 4 4
4,1 0 1 ,8 2 8
Improvem’ t acct. leased roads.
39 0 ,1 7 6
425 ,8 6 8
4 3 1 ,10i
Central Mass. RR. construct’!).
2 8 6 ,5 7 3
3 1 0 ,7 8 7
3 19,062
M iscellaneous................................
3 5 7 ,7 8 5
3 0 4 ,6 3 9
168,631
Total........................................... $ 4 6 ,2 7 6 ,2 2 1 $ 4 8 ,1 0 8 ,0 3 5 $ 5 1 ,1 6 3 ,6 7 3
Liabilities—
Capital stock (see S u p p l e m ’ t ) .$ 1 8 ,6 5 4 ,6 5 4 $ 2 1 ,7 5 5 ,1 2 5 $ 2 1 ,8 8 8 ,2 2 5
1 6 ,9 6 2 ,9 7 5
1 7 .8 35,225
Hoods (see S u p p l e m e n t ) .......... 1 7 ,0 7 6 ,6 9 4
3,8 3 2 ,3 0 0
N otes..................................................
3 ,6 2 3 ,8 0 0
2 ,1 7 9 ,8 0 0
1 ,0 95,033
3 ,1 36.506
Current bills.................................... 1 ,1 6 5 ,2 6 3
278,395
2 00,455
Unpaid w ages................................
246,135
688,839
5 3 6 ,3 3 4
Due compares and iudivid.,<£c.
5 3 1 ,5 3 0
63,6 0 7
135,296
Dividends and int. unclaimed.
53,225
5 69,188
460,881
Accrued interest and rentals..
58 7 ,5 4 2
194,063
194,063
Boston & Lowell lease acct___
194,063
155.929
1 55,929
Conn. & Pass. Riv. lease acct,.
155,929
451,239
Conn. River RR. lease acct___
95.^38
401,565
Equipm ent fund............................
2 2 5 ,4 0 6
150,000
150 ,0 0 0
Injury fund.....................................
150,000
1,027,571
1,0
1
9
,3
6
3
Suspense account.........................
1 ,041,938
416,785
459 ,5 9 1
Sinking funds.................................
393,851
355,798
Miscellaneous.................................
..............
2 ,060,681
2,3 6 5 ,0 0 7
Profit and loss................................
2 ,1 76,191
T otal...........................................$ 4 6 ,2 7 0 ,2 2 1

$ 4 8 ,1 0 8 ,0 3 5

$ 5 1 ,1 6 3 ,6 7 4

M obile & Ohio Railroad.

(For the year ending June 30, 1893. y
The report of President J. C. Clarke states that the average
rate per ton per ton mile on the Mobile & Ohio Railroad de­
creased -048 of a cent, and on the St. Louis & Cairo Railroad
increased '003 of a cent.
The rate per ton per mile for the
entire line shows an average decrease of 35-100 of a mill per
ton per m ile ; this, however, has not resulted from any der crease in rates but from a greater preponderance of low-class
tonnage. The operating expenses, including taxes and insur­
ance, amounted to $2,359,189 against $2,357,467. The percent• age of operating expenses to earnings was 63-85 as compared
■ with 65-10 last year.
“ The cotton crop for the past year of the territory tributary
t to the Mobile & Ohio Railroad proper was a failure, the total
number of bales handled by the M. & 0 . RR. having been 129,328, as against 229,884 for the preceding year.
This has re­
sulted not only in a decrease in revenue derived directly from
transporting cotton, but has affected to a great extent nearly
every local interest upon which the M. & O. RR. depends for its
traffic.
This defieiancy made it necessary for the manage­
ment to use every endeavor to supply the loss from other

1889-90.
1890-91.
1891-92.
1 8 9 2 -93 .
Totalmilesoperated
687
687
687
688
Operations—
Passengers carried.
617,215
7 0 6 ,8 9 6
635,755
648 ,4 5 6
Passenger mileage. 19 ,5 8 6 ,7 3 5 2 0 .3 1 6 ,v:67 1 9 ,9 8 5 ,2 0 2 2 0 ,3 8 9 ,9 2 1
2 36c.
Av.ratep nass.p.m .
2-36C.
2 '32c.
1,4 5 6 ,5 4 2
Tons m oved...............
1,6 4 5 ,2 9 6
1 .6 8 9 ,7 9 4
1,605,918
Tons moved o n e m ..25 5 ,7 7 5 ,0 5 5 3 0 6 ,1 9 2 ,3 3 0 3 0 2 ,0 9 6 ,9 8 2 3 0 0 ,2 7 3 ,0 7 5
0
-9
12c.
0866c.
Av.rate p. ton p. m .
0 845c.
0*810c.
Earnings—
$
$
$
$
47 9 ,6 9 1
475 ,4 6 2
4 6 2 ,3 1 4
462 ,7 7 6
Passengers.................
2 ,6 5 3 ,4 4 4
2,3 3 3 ,0 1 9
2 ,5 5 4,407
2 ,4 3 3 ,2 1 9
Freight........................
116,361
142,295
153,631
1 7 9 ,1 5 5
Mail, express, e c ...
261,737
2 7 0 ,6 3 4
28 3 ,8 0 8
272,946
Miscellaneous...........
Gross earnings___
Oper. ex. and taxes.

3,1 7 3 ,4 3 1
2 ,1 0 2 ,5 1 3

3 ,559,138
2,34s3,425

3 ,4 4 3 ,7 6 0
2,3 5 7 ,4 6 7

3 .3 5 8 ,4 7 0
2 ,2 5 9 ,1 8 9

N et earnings.........
Disbursements—
Int on l st. m ort___
Int. on 1st mort. e x .
Int. on debentures..
I dt on gen. m o r t ...
] nt. on car trust, <fec.
Rental of St. L. & C.

1,0 7 0 ,9 1 8

1 ,215,713

1,0 8 6 ,2 9 3

1 ,0 9 9 ,2 8 1

4 2 0 ,0 0 0
60,0 0 0
19,982
23 2 ,9 2 5
73,5 2 2
172,128

4 2 0 ,0 0 0
60,0 0 0
12,236
312 ,8 5 0
73,5 0 0
191 ,9 1 4

420 ,0 0 0
60,0 0 0

4 2 0 ,0 0 0
6 0 ,0 0 0

3 1 S,520
5 9 ,82 L
18 5 ,7 8 9

3 1 8 ,0 8 0
63,2 0 9
1 8 3 ,0 9 3

Total disbnrsenT ts
Surplus........................

978 ,5 5 7
*92,361

1 ,0 7 0 ,5 0 0
*1 45,213

1 ,0 1 4 ,1 3 0
*42,163

1 ,0 4 4 ,3 8 2
*54,899

* There was also expended for equipment and new construction
(additional to operating expenses) $ 2 0 8 ,4 8 L In 1889-90, $ 1 5 1 ,9 8 0 in
1890 -91 , $ 2 1 8 ,0 7 0 in 1 8 91-92 and $ 2 1 0 ,9 0 2 in 1892-93.
GENERAL BALANCE SHEET JUNE 3 0 .

1891.
A ssets—
$
Cosi of i oad and equipm ent.. .2 2 ,5 5 9 ,0 5 5
Stocks and bonds.......................... 2,7 5 7 ,0 5 0
415 ,3 0 5
Lands, & c..................................... ...
7 6 ,6 1 7
Cash.................................................
Bonds on deposit in N. Y .......
8 ,3 2 5
Due from agents, R R s .,& c .....
210,041
2 1 0 ,1 7 6
Materials, fuel, & c......................

1892.
$
22 659 ,4 7 0
2 ,7 1 4 ,4 5 0
376, L79
77,6 6 3
6 ,090
230 ,4 2 5
166,278

1893.
$
22,5 2 6 ,0 3 8
2 ,7 0 8 ,4 5 0
359 ,8 3 2
106,768
5 ,9 5 0
2 1 9 ,2 3 0
116,612

Total........................................ .2 6 ,2 3 6 ,5 6 9
Liabilities—
Stock issued................................. .. 5 ,3 2 0 ,6 0 0
Stock in treasury....................... . 2 .3 5 0 ,*0 0
Bonds (see S u i -p l e m e s t ) ....... .1 6 ,2 3 1 ,1 6 5
775 ,4 8 7
Car trusts............... .......................
3 0 7 ,8 8 4
Bills and loans payable......... ..
339 ,4 4 4
Pay-rolls, accounts, &c., &c.
Interest due and unpaid........
59,5 0 1
Interest accrued, not due____..
1 47,860
.
.
6
9 5 ,2 2 7
Protit and loss............................

2 6 ,2 3 0 ,5 5 7

2 6 ,0 4 2 ,8 8 0

5 ,3 2 0 ,6 0 0
2 ,3 5 9 ,4 0 0
1 6 ,2 8 3 ,3 3 0
657 ,8 3 2
424 ,2 6 7
318,241
51,3 4 0
14 1 ,0 2 7
67 4 ,5 2 0

5 ,3 2 0 ,6 0 0
2 ,3 5 9 ,4 0 0
1 6 ,2 2 3 ,3 3 0
531 ,5 6 8
511 ,6 1 6
36 4 ,1 2 0
7 0 ,1 4 0
1 4 1 ,0 2 7
521 ,0 7 9

Total........................................ ..2 6 ,2 3 6 ,5 6 9

2 6 ,2 3 0 ,5 5 7

2 6 ,0 4 2 ,8 8 0

W estern U nion Telegraph Company.
(For the year ending June 30, 1893. ,1
The report of President Thomas T. Eckert sa y s: The
board of directors at a meeting held October 25, 1892, au­
thorized that the capital stock of the company should be in­
creased to §100,000,000. A dividend of 10 per cent was issued
from the increase to stockholders of record on November 19,
1892, capitalizing $8,620,147 of the surplus shown in the last
annual report. There is, therefore, unissued of the authorized
capital of the company $5,180,000, in addition to the $28,790
which belongs to the company and is in the treasury.
The business of the year shows an increase in the revenues
of the company of $1,272,038 compared with the previous
year and that tne expenses were increased $1,174,548. The
increase in expenses was distributed principally as follows :
Operatiog expenses, mpde necessary by the increased number
of messages bandied, $698,407 ; maintenance and reconstruc­
tion of lines, $421,466 ; equipment of offices and wires (in
which are included the final expenses for equipping the new
main operating department at New York), the establishment

*TH£ CHRONICLE.

October 14, 1893.]

of the necessary offices and facilities to properly care for the
increased business in Chicago during the World’s Fair, and
tha substitution of dvnamo machinery for chemical batteries
at sundry large offices, $92,401. The average revenue per
message shows a decrease of four-tenths of a cent. The in­
crease of four-tenths of a cent in the average cost per message
is more than accounted for by the increase in the cost of
maintenance and reconstruction of lines.
During the Tear there were added to the company's system
360 miles of poles, 30,096 miles of wire and 378 offices. The
cost for the=e additions to the property, amounting to $1,267,576, has been paid out of the surplus. An outlay of $1,612.500 for the purchase and partial remodeling of a building for
the company's main office at Chicago has also been paid out
of the surplus, making a total expenditure from the surplus
account during the rear of $2,830,076. In the increased
mileage of wire are included four new copper wires from New
York to Chicago, one from Chicago to Denver, one from New
York to Cincinnati, one from Cincinnati to New Orleans, and
two from Washington to New Orleans.
The results for three years were as follows, compiled for the
C

h r o n ic l e

:
BJ5CE1TTS AND DISBURSEMENTS.

1880-91.

1891-92.

1892-93.

«
e
$
Seventies for the year ............... 23,031,326 23,706,405 24.978,443
Expense* -

Operating and general expen se- .1 1 .6 5 7 .7 6 3
Rentals <><l e a - c l line*.....................
M aintenance and recon stru ction.. 2,500.02.
T a x .-.
. ............................ .........
320.291
I’.': in;, ut o f office* and w ires. . .
351,887

11,799.036 12.497,404
1.600,428
I,
705,149
2.517,210
3,093.730
412.300
405 313
894,968
302.559

Total expenses.............................16,429,741
F ron ts.....................................
6,605,583

16,307,857
7,398,548

17.482.406

4.309.639
890,532
39,991

4 .0 3 1 .8 2 0
893 .3 9 6

Iti*hur*em rtll*—

........ ...........

F or dividend*..................................... 4,309.00,
891.229
F or In rarest on bon d s ......................
For sinking fu nd s..............................
39.991

7 ,4 9 0 ,0 3 7

39,991

T otal disbursem ent*................. 5.210,826
Balance o f proOt*....... ............ .— 1.364.759
Bosgto* Ju ly 1 (beginning o f s e a r). 10,052,983
Capitalized 1a Novem ber. 1 8 8 2 ....
.............

5,240,162 ~57aC5,197
1,930,840
2.158,386
1 3 ,5 76,127
II,
417,741
8,920.148

Remaining su rp lu s-..................... . . t l , 417.743
Balance <>( p to ita for year....... .
1,864,75!)

13,570,127
2.158,396

4.9 5 5 .9 7 9
1.9 3 0 ,8 4 0

6,896,819
Nominal *ar. June 30 (end o f year). 11,417,742 13,576,127
li.4t.SSOk SHEET JU*B 30.
1893.
4 »«*?#.
1892.
i
Telegraph lin e*: stock* owned o f Jewed tele9
graph com panies In Western C olon C o .»
system ; franchise*, p a te n ts .£ c ...................... 97,653,203 98,839,222
Stock* and bond* o f leased tek m s received
8.291,000
in exchange for coll, trust bond*...................8,231,500
B lock* o f not leased tel. and Wslop. » “ *•, and
7,709.713
other -ecurtlies .................................................
R i f s ’m a
4,925.821
Real estate.............................................
M H S ’S i o
407,306
Stfpplle* mod materials ............................
zS o’ ZSn
1.855.072
Buimry a cco a u u receivable, A c .........................
2,088,599
1,491,*3#
Cash .........................................................................
2,2* 2 ,2 .3
418.904
Sinking fund* ...................
398.030
.............................................................................121,760,807 123,899,174
tM M h tie * .
Capital stork .............................................................. 8 8 .1 9 9 .8 5 2
Funded d e n t ..I ...........
......................................... 15,198,060

•Weld it Stock Tel, Co. fo r stock* o f ether <■««»p ant's held through lease o f that com pan y . . . .
„
until l » a l —
.............
....................... .
2,284,200
Sundry account*.(Includingdividend payable
July 15>.......................................... ....................... 2,924,334
S u m . o f incom e prior to Oct. 1 .1 8 8 1 , appro­
priated tor tri. dnrs and property Ho excess
•* Of ill,- « 1 5.528.590 sto ck <11*1rthots d In •*31) 1 ,>99,184
Borplns o f Inremo snbsNKiuent to Oct, 1 .1 3 3 1 , ■
pin* the pto ittm o f -nr pm* of ineotue prior
to Oct. 1. 1**1 3*129.75991), that was not
appropriated as above----— ............... .
13.578,1-7
T otal...........................................................................

94.920.000
15,212,340
2.261.200
3,087,830
1,593,134

►6,886,320
123,69 9 ,1 7 4

_ I n d u c e d through capitalization o f $8,620,148 In Novem ber. 1892.

Comstock Tatinel Co.
(For tk> y ar ending Augmt 31,1603.)
The annual report of Mr. Theo. Sutro, President, says;
“ The unissued bonds in the Treasury remain as last reported,
viz., $8*11,000. The company has no floating debt except a
balance to become due for legal services in the pending liti­
gation. During the past fiscal year there was declared as ap­
plicable to the payment of coupon No. 8, maturing November
1. 1893, the sum of $26,830. Coupon No. 7, maturing May 1,
1898, was pasted. Coupon No. 8, maturing November l, 1893,
will also have to lie passed. The yenr has been an. unsaltsfactorv one for the company. The general conditions which
have brought about this result ore too well known to require
extended comment. The product of the names, from winch
our income is mainly derived, instead of increasing, as we had
hoped, has steadily diminished. Against the small tonnage
4.132,809 tons) and the small gross yield ($2,427,000) for the fis­
cal year ending September 1,1893, the tonnage for the year
covered by this reporl has been only 91,423 tons, yielding only
$1,654,222. The list-mentioned amount must be diminished
by $371,815 (the drieount on silver), making it $1,282,408, and
it is on this that our royalty is calculated,” * * * "During
the past year the royalty-paying mines produced 1138,141 in
gold against $983,934 in silver, figuring silver at par. " hite
it is true that the loss in disc >uot on the silver yield was as
much as 39 per cent, yet, taking into consideration that the
gold sold at par, such discount on stiver renders the average
percentage of loss on the entire product only 23 per cent.

637

Some of the mines produced more gold than silver, even
figuring silver at par, the yield of the Consolidated California
and Virginia Mine having been $310,697 gold, against $217,881
silver, and that of the Belcher $65,837 gold against $55,536
silver, while the Kentuck produced $7,235 gold and $7,341
silver. In some of the mines, such as the Crown Point and
Yellow Jacket, large bodies of low-grade ore containing only
gold are known to exist. This feature of the Comstock ores—
their gold-bearing quality—is the hope on which, in view of
the present and prospective low price of silver, their con­
tinued extraction mainly rests. If the assay value of the
large bodies of ore which are known to exist were greater
there would be no reason to doubt that the mines could be
kept in active operation for an indefinite period of time. The
question is whether this last-mentioned result can ba attained
iu view of the alleged low grade of the ore. Ia our opinion,
as already so frequently expressed ia the past, this question
must be answered in the affirmative, provided the expenses
connected with the extraction of the ores are reduced to the
lowest possible basis, and such extraction is carried on ia a
business-like manner,
" In order to place the company upon a permanently profit­
able basis we must develop our own resources, la our last
annual report webroached the subject of forming an indepen­
dent companv for that purpose. During the past year, owing
to the financial distress; and also toother reasous.it has been
impracticable to further this project, but we again earnestly
bring it to the attention of the stock and bondholders of the
company. Either this should be done, or if possible the
following much larger project carried out, a project which
we have entertained for many years, and which would in our
opinion definitely establish the fact that the ores of the Com­
stock Lode, high grade or low, may be profitably worked, and
thereby a steady an I increasing income insured to our share
and bondholders for years to come, viz., a union of ail the
interests on and about the Corns'cm)k L >de (including our own
company1 which are concerned in or connected or identified
with the extraction and reduction of ores. Such an organiza­
tion should embrace at all event* the mines, the mills aud our
own properly. It might be extended to include the railroad,
wood, lumber and water interests as well.” . * * *
••The long (tending litigation against the company, already
mentioned, has now at last reached this stage that it is in the
hands of the Court for decision. The voluminous testimony,
covering about 1,200 type written pages, and briefs embracing
about 8W printed pages, were fiied in the coura; of the year, and
oral arguments of counsel, extending over a period o f about
ten days, were concluded on March 2tst last. The expenses
connected with this malicious warfare upon your interests
have been very large, and the methods pursued by its insti­
gator- have unfortunately resulted ill an irreparable loss to
the comjiany." * * *
‘ Although a reli .rpect of the year disclOSsa little that is
satisfactory, confidence in the future should not on that
account be lost. This is not the first crisis through which the
I
k 1. de has passed. In 18T0 the market value of the
entire lode, as represented in shares, was about $1,000,000, while
in 1875, after the discovery of the bonanzas in the California and
Virginia mines, it appreciated to about $275,000,000. In 1882 it
had again declined to about $3,000,000, but upon the discovery
of the new ore bo 1v in the mine of the Consolidated Cali­
fornia & Virginia Company in 1880, the market value again
rose to about $36,000000. With such possibilities there a no
likelihood that the min-s will be closed down permanently,
and, a* long at thev ar, worked, it is reasonable to expect
(hat rich bodies of ore will from time to time be found.” * *
RECEIPTS ISO DUUWkSSMBH*, SEPIEJIIIER 1 TO AUGUST 31.
1891-92.
1892-93.
*
Iterriplr—
48,443
71.401
8,070
10.816
12,038
Bins* royalty paid by A lta Mining Company.
10,903
13,674
9,154
15.U91
1233)20

76,570

59,905
12.101
34.390
42.089

77,300
17,724
20,305

TotaL........................ .......................... — .......... . 143,635
Balance for year............ ...................................... .def.25,015

121,389
def.44,819

.
JH»hurwm m t*-"
.
DUburvetxienta In N e v a d a ....... ..........................
Disbursement* in New York .............................
.

A tlan tic A venae (Brooklyn) Trolley Railroad.

( For the year ending June 30, 1898,.j
From reports to the N. Y. State Railroad Commissioners
the following is compiled :
1889-90.

s

Oros* earnings.........-........ 462,724
Operating expense*....... — 410,813

1890-91.

1891-92.

1892-93

478.052
419,709

777.859
7 0 0,041

784,003
070,309

Net earning*..................
oth er Incom e.......................

21.890
57,146

29,283
60,352

77,018
111,441

113,099
64,274

Tntal...............................
P o t net—

70,042

88,533

198,459

177,973

>1,0 8 .)

Miscellaneous........................

13.720

51.083
15.778
(6)00,000
15,292

T o ta l...............................

141,793

142,153

Interest on bow l*............. .

rave*.............................

10.9*8

Dividends .............................18)60.000

94,245
98,127
24.152
24,172
(0)03,795 (1*4)17,306
15,580
15,408
202.778

135,013

i Balance............................<11.82,761 01,53,013 01,14,319 sur.22,9C»

THE CHRONICLE.

638

G E N ER AL IN V E S T M E N T N E W S .
Atchison Topeka & Santa Fe.— Notice is given of the in­
tention of the company to defer for five years the payment of
the guarantee mortgage 6 per cent notes falling due Novem­
ber 1. Holders of such notes are notified that if they will as­
sent to their extension until November 1, 1898, the principal
and interest will be payable in gold at 6 per cent, and the
company will pay a cash commission of 5 per cent to holders
who signify their assent to the extension on or before the 25th
inst. The general mortgage 4s retained to provide for the re­
tirement of these notes will meanwhile remain in the custody
of the trustee.
The notes of those holders not assenting to extension by Oct­
ober 25 will be acquired and paid for in full on November 1
by a syndicate, who will extend the notes for the period above
stated. See full circular on advertising page.
B altim ore & Lehigh.— Mr. Alexander Brown of Baltimore,
chairman of the bondholders’ committee of the Maryland
Central Railroad, now the Baltimore & Lehigh, has issued a
circular to bondholders to sign instructions looking to the
foreclosure of the mortgage and sale of the road.
There are
§850,000 bonds, and interest is three months overdue.
Boston A Maine.— At the annual meeting of the stockhold
ers of the Boston & Maine Railroad at Lawrence, Mass., on
the 11th inst., it was voted to reduce the number of directors
for the ensuing year from seventeen to fifteen. The follow­
ing were elected directors: Lucius Tuttle of Boston. Samuel
C. Lawrence, Medford, Mass.; Joseph S. Ricker, Portland,
M e.; George M. Pullman, Chicago, 111.; Richard Olney. Bos­
ton; W m . T. Hart. Boston; A. W . Sulloway, Franklin. N. H ;
Joseph H . W hite, Brookline, Mass.: W alter Hunnewell, Bos­
ton; Henry Reed, Boston: Aretas Blood, Manchester, N. H .;
L. C. Ledyard. New Y ork; Henry M. W hitney, Brookline,
Mass.; Henry Dimock, New York, and W illiam Whiting,
Holyoke, Mass. This ticket omits the names of Frank Jones,
Charles A . Sinclair and Arthur SewalL, and substitutes there­
for Messrs. Whiting, Dimock and W hitney.
It was voted to approve the lease of the Peterboro road and
the purchase of the W est Amesbury branch, and the directors
were authorized to issue §4,000,000 of bonds at 5 per cent for
the purpose of disposing of the floating debt of the company.
Called Bonds.— The following bonds have been called for
payment. The numbers of the bonds m ay be learned at the
offices of the companies.

L ouis & San F rancisco R a i .w a y 7 per cent Equip­
B onds of 1880— Thirty-five bonds of SI,000 each have
been drawn for payment on December 1, 1893, at the price of
105 and interest. Interest will cease Dec. 1.
St .

ment

P e n n s y l v a n ia C o m p a n y 6

per cent

Se c u r e d L o a n

due

1907— Twenty-six bonds will be paid off at par at the office of
the trustee on the 27th day of October, 1893, on which date
they will cease to bear interest.
Central o f Georgia.— Argument before Justice Jackson on
the liability of the Southwestern Railroad under the tripartite
mortgage was concluded in Washington on the 6th inst.
Additional briefs were to be filed within one week upon new
questions arising, pending argument, after which the decision
of the Court will be filed and the final decree formulated.
On the 7th inst., upon the petition of John S. Tilney and
others, of New York, Jusiice Jackson appointed R. S. Hayes
co-receiver with Hugh M. Comer of the Georgia Central Rail­
road and its branches and leased lines. All the parties to the
litigation c nsented to the appointment. Mr. Hayes isPresidentof the St. Paul & Duluth and the New York & Northern.
Mr, H . B. Turner, representing the interests of the Farmers’
Loan & Trust Company, trustees for the tripartite bonds,
suggested tbat the present financial troubles resulting from
the monetary crisis through which the country has just passed
would make it impossible for any plan of organization to be
put on foot at the present time. Justice Jackson, therefore,
Issued an order changing the decree so as to make the date of
sale April 1 instead of January 31 as previously ordered.
Charleston Cincinnati & Chicago.— The plan of reorgani­
zation of this railroad, approved by a majority of the bond­
holders, calls for $8,032,500 to pay the debts and complete the
road. It is proposed to issue first mortgage bonds at the rate
of $17,500 per mile on 510 miles between Sumpter. S. C., and
Ashland, K y ., or$8,925,000. Each purchaser of a $1,000 bond
will receive four shares of stock, to be issued at the rate of
$25,000 per mile. Subscriptions will be payable 10 per cent on
application, 25 per cent on allotment, 25 per cent three
months later and 20 per cent nine months after allotment.
Including an issue of second mortgage bonds, as proposed, the
road will have a bonded indebtedness of $17,850,000 and the
capital stock will be $12,750,000, or $35,000 bonds per mile,
and $25,000 stock per mile, making $60,000 per mile.
Chicago & Northern Pacific.— A t Chicago, Oct. 11, on the
application of ihe Farmers’ Loan & Trust Company of New
York, in the United States Court, Judge Jenkins appointed
Henry E. Howland, Walter Van Norden and Richard Morgan
receivers for the Chicago & Northern Pacific. The complain­
ant states tbat there has has been default in payment upon
mortgage bonds of the company, and asks that the rights of
the mortgagees be enforced and protected. To the request of
the bondhoJdixs is attached such names, through accredited
representative as I. & A. H. Stern, Frankfort-on-the-Main;
Hazeltine, Powell & Co., E. W . Trusdel, Deutsche Bank of
Berlin, Colby & Hoyt and J, D. Rockefeller. The application

[VOL. L'VII.

was not opposed by counsel for the railroad. Each receiver
is required to file a bond of $100,000 with the Court within
ten days. The Court directs that the receivers are not to take
possession of any property of the Chicago & Northern Pacific
Railroad Company now leased to the Wisconsin Central or the
Northern Pacific Railroad Company.
Cincinnati Jackson & Mackinaw— Cincinnati Lebanon
& N orthern.— Negotiations are reported as pending looking
to the absorption of the Cincinnati, Lebanon & Northern by
the Cincinnati Jackson & Mackinaw.
The former extends
from Cincinnati to Dodds, Ohio, 36 miles, and would give the
C. J. & M. a line into Cincinnati. The deal between the latter
and the Cincinnati Hamilton & Dayton appears to have
failed.
Cleveland A kron & Columbus.—A meeting of the stock­
holders of the Cleveland Akron & Columbus Railway Com­
pany has been called for November 4 in Columbus^ O., to
consider the proposed issue of $4,000,000 of bonds, to be called
first consolidated mortgage bonds, and secured by mortgage,
for the purpose of redeeming or exchanging all the present
bonds of the company, and for other purposes authorized by
law.
Leliigh Y alley.— The negotiations which for two months
have been carried on between the officials of the Lehigh Val­
ley Railroad Company and the individual coal operators,
whose coal the Lehigh Valley purchases, have been success­
fully completed. The settlement effected was in line with
the proposition recently made by the company that the oper­
ators should purchase $2,000,000 of the bonds of the Lehigh
Valiev Coal Company, the proceeds to be used in financing
the purchase and sale of the coal turned over to the Lehigh
Valley.
The operators succeeded in raising the required
$2 000,000 and the Lehigh Valley officer) have agreed to con­
tinue their relations with the operators up >n the old basis, the
company paying the operators for their coal 60 per cent of the
selling price at tide-water.
M ichigan-Peninsular Car Co.— The statement of the Michi­
gan-Peninsular Car Company for the year ended August 31
shows net earnings of $866,690, which, after paying fixed
charges, including a dividend of 8 per cent upon the preferred
stock, leaves something more than 18 per cent earned on the
common stock. Eight per cent was paid upon the common
stock— and a little over 10 per cent carried to surplus fund.
The cash assets of the company amount to over #3,000,000, and
the fixed assets to over $7,000,000.
Monterey & Mexican G u lf.— Notice is given to the bond­
holders of the Monterey & Mexican Gulf Railroad Company
that a majority of the bondholders at Brussels, Belgium,
formed a corporation according to the laws of that country
under the name of “ La Societe Beige de Chemins de fer au
Mexique,” for the protection of their interests. A n y bond­
holder who has not joined this organization by delivery of
his bonds may do so by December 1, 1893. Further informa­
tion can be obtained by applying to La Societe Beige de
Cbemins de fer au Mexique, 3 Montagne du Parc, Brussels,
Belgium, or to Messrs. Coudert Brothers, counsellors at law,
68 and 70 William Street, New York.
National Cordage.— The proposition is that the reorganized
National Cordage Company shall issue $6,000,000 of first pre­
ferred stock upon which dividends at the rate of 6 per cent per
annum shall be guaranteed. Of this issue $4,361,000 will be
used to take up, on even terms, a like amount of Security Cor­
poration bonds outstanding, and of the rent finder enough will
be sold to pay off prior liens to the amount of$l,286,000 on the
cordage mills now owned by the Security Corporation. In this
way the reorganized National Cordage Company will become
the absolute owner, without encumbrances, of all the Security
Corporation’s mills. These properties will, upon their acquire­
ment by the successor corporation to the National Cordage
Company, pass under the lien of the $6,090,010 first mortgage
which the new company proposes to execute upon all of its
property, and
will
enable that company to increase
the mortgage referred to $1,500,000 or possibly more.
The
success
of
this
transaction
depends
upon
the assent of every bondholder of the Security Corporation,
and if successful, will reduce the fixed charges of the com­
pany on account of the mills of the Security Corporation
$228,820. The present annual charge on account of these mills,
being the interest on the Security Corporation’s bonds, the
siDkmg fund of the same, and the interest on underlying liens,
is $588,820, whereas the annual dividend on the proposed issue
of first preferred stock will be $360,000.
It will be seen from
the foregoing that in computing the saving in fixed charges
as given above no account is taken of tbe interest upon the
increased- amount of the new mortgage of the new company,
which would be $90,000. Tbat increase, it is understood, is
required to complete the funding of the fl >ating indebtedness
of the present company.— Kiernan's News Letter, Oct. 13.
New York Pennsylvania & Ohio—New York Lake Eri&
& W estern.— On the 6th inst. at Cleveland application was
made in the U. S. Court for the appointment of a third re­
ceiver for the Erie in the interest of the N. Y . Pa. & Ohio. The
prayer of the N. Y . P. & O. Co is, in brief, that it may be ad­
judged and decreed that the indenture of lease has not been
abrogated or annulled, and that the Erie receivers be ordered
to continue the operation of the road according to the terms
of the lease, and that they be required to keep a separate ac­
count of all the earnings of the leased roads and file such ac­
counts in Court at the end of each month, paying the rent ae

October 14, 1893.]

THE CHECLNl OLE.

it becomes due under the provisions of the lease. It is further
asked that the amount now due for rent may be ascertained,
and that the Court shall decree it to be a lien and charge upon

8 3 9

J&epouts

aud

S o c w m e u ts

the property now f a the hands o f the receivers; and that the

X, T , P. & O. Company may aiso be reimbursed for losses
R A IL R O A D .
and damages growing out of breaches of contract on the part B U F F A L O & S U S Q U E H A N N A
of the defendant. On the 16th (lay of June. 1893, the Erie
Railway Company was indebted to the X. Y. R. & O. Com­
pany $107.SoO for’ rent then due, for which, with the consent ! ABSTRACT OF FIRST M ORTGAGE, GOLD, FOR .$3,000,000,
of the latter company, they gave one draft for §102,250 and
DUE OCTOBER 1, 1913.
another for §205.000, payable October 16 and November 16
respectively, and the company have been compelled to ne­
D A T E AND P A R T IE S .
gotiate these drafts to pay interest on bonds. At this date
The indenture is made the first day of October, 1893, between
there is due for rent, beside the outstanding- acceptances, the
the Buffalo & S csqcehasna R ailroad Company , a corpora­
sum of 8216.156 S3.
tion created under the laws of Pennsylvania, of the first part,
New Turk Stock E xchange— New Securities Listed.—The and The Mercantile T rust Company of New York, of the
Governing Committee o f the New York Stock Exchange have
second part.

added to the lists the follow ing :

Loop.vii.le New A u tu tr* Chicago Railwav.—S3.000.00u pre­
ferred 6 at-r cent spick, DOaemnuiatlvu, and #0,000,000 com m on
SiotmtEKff pAcrrn i : ns*OAt>.—Additional #347.000 railroad and
land grant consolidated 5 per cent bonds, making the amount listed
$45,076,000.
S eech C arrs Bau,» oad,—Privilege « t exchanging registered for
coupon bond* to the amount of $2,922,000.

Northern Pacific.—Receiver Henry C. Payne is reported as
saying; “ All of the twenty-seven branch lines in the North­
west the stock of which is held by the Northern Pacific Com­
pany will be placed in the hands of receivers, except perhaps
three or four. These branch properties will be in the hands of
separate receivers, except that Henry Stanton, o f New York,
will be the Eastern receiver for ail of them, and additional re­
ceivers will Ik- selected from the States through which the
roads run. The receivers of the main property will have noth
ing to do with the branches. Mr, Stanton was one o f the attor­
neys for the Northern Pacific recei?«f», but recently resigned.”
Notice was served on the W isconsin Central on the 6th test,
by the Northern Pacific, its former lessee, that on and after
October 13 all existing arrangements concent tag the handling
o f through traffic between the tw o road* will cease,
Philadelphia & Reading.—The Speyer syndicate has in­
structed Adrian H. Muller & Son to sell at auction on Wed­
nesday, October 1%, for account o f whom it may concern —
$5,040,000 Philadelphia & Beading KB. Company collateral
trust 5 per cent gold bonds, due January 1. 1912.
#1,090,000 Philadelphia ic Reading HR, Co. 3 per cent pre­
ference incom e mortgage bonds, due January !, 1938*
In Philadelphia, Receiver Welsh, when informed th&t the co l­
laterals in the Speyer loan had been adverttoed to be sold at
auction, expressed no surprise, and declined to say whether
any effort would be made to adjust the matter. Other reports
intimate that there may be some plan pending for saving
these collaterals.
Messrs. Speyer & Co, state that they would have been will­
ing to extend the loan if the security could have been made
satisfactory , and their demands in this direction, which were
moderate,'might possibly have been satisfied could they have
tank personally the P. & It. officials. Only formal communi­
cations have been received from them, aud nothing at all for

ten days past.
It to said that a plan of reorganization is under considera­
tion by the receivers which will leave the general mortgage
bonds undisturbed.
Union P.trifle.—President S. II. H. Clark and Comptroller
Oliver W. Mink have been appointed receivers of the Union
Pacific, in the United State* Court at Omaha, A third re­
ceiver w a» appointed, E. Ellery Anderson, one o f the G >vernment directors.
Western Uni >a Telegraph.—The annual stockholders'
meeting of the Western Union Company was held at the genen d offices. No. 195 Broadway, President Eckert’s report was
read, and then the new board was elected as follow* :
Thomas X. Eckert, John * an Horae, John T. Terry,
Roswell Sage, Alonzo B. Cornell, Samuel Sloan, Robert O.
d o w r y , Owirge J, Gould, Edwin Oouid, John G. Moore,
Percy li, Pynss Charles Lanier, Austin Corbin. J. Fk-rpont
Morgan, John Hay, W illiam I). Bishop, C. P. Huntington.
George B. Roberts, Charles F. Mayer, - Dn&uncev M. Deposv,
James W . CiendU-nin. Henry M. Flagler. Henry B. Ilyde, W.
Murray Crane, John Jacob Aator. 'O liver Ames (2),"George
Bltos, Louts Fitzgerald, C, Sidney Shepard, J, B. Van Every.
This Itot to the same as last year's with the exception of the
six directors named last. These new directors take the place
of Dr, Norvin Green, Jay Gould, Henry W eaver and Fred­
erick L. Am es, deceased; Erastus WIman, w h o declined a re-

election, and Sidney Shepard, who retired in favor ol hto son.
W ilk e e b a m . & Barton,—The last rail o f the new Witicesbarre & .Easton Railroad was laid Oct, 13, The road to sixtyseven and a-balf mile* tong, and to said to have cost $7,000,009. The road connects with the New York Susquehanna &
Western, with w hich it has a traffic contract.

Wisconsin Minnesota Jfc Pacific—Chicago Rock Island &
Pacific.—At St. Paul. Oct. 7. in the United States Circuit
Court a final decree of forecloture in the case of the Metropol­
itan Trust Company, of New York, against the Wisconsin
Minnesota & Pacific Railroad Company was entered. The
bonds issued under the mortgage foreclosed are deposited
■with the U. 8. Trust Co. as security for an equal amount of
the Chicago Rock Island * Pacific extension and collateral
fives. See Chronicle, July 29, page 181,

PR EAM BLE.

The Railroad Company desires to borrow money necessary
to pay for acquiring, completing, finishing, equipping and
operating its railroad, and the Stockholders and Board of
Directors have resolved to make and issue its mortgage
bonds to an amount not exceeding $2,000,000, and limited to
§15,Out) per mile of railroad completed for operation, payable
in gold coin of the United States, of or equal to the present
standard of weight and fineness, on October 1st, 1913, at the
office or agency of the Railroad Company in the City of New

York, and bearing interest at the rate o f five per cent per
annum, payable in like gold coin, semi-annually, at said
office, on the first days of October and April in each year.
Messrs. Frank H, Goodyear and Charles W , Goodyear propose
to further secure the said bonds by a mortgage to said Trustee
bearing even date herewith, noon certain timber lands owned
by them in the counties of McK-.an, Clinton, Potter, Cameron
and Elk, in the State of Pennsylvania.
The r> olution of the Stockholders authorizing the creation
o f this mortgage Indebtedness was passed at a meeting called
for that purpose and held on September 8, 1-893.
By Articles of Agreement between the Buffalo & Susque­
hanna Railroad Company, the Cross Fork Railroad Company,

the Susquehanna Railroad Company, the Cherry Springs
Railroad 'Company and the Sinueraahoning T alley R»ilroad

Company, Iwaring date the 7th day of September, 1893,
ratified by the votes o f two-thirds o f the stockholders o f each

of said com pan i> - at meetings separately held on the 3'2d day
of September, and which took effect on the 25th day of Sep­
tember, V. D. 1893, the said five Railroad Companies were
merged into and faoatne one corporation in law, by the
name, style and title o f Buffalo & Susquehanna litil road
Company, being the party o f the first part hereto.
FORM OF CO UFO If BOND.

Of the bonds 1,800 wilt be for $1,000 each and 409 for $500

each, fa the following form ;
••V m t m . H r u n o r A « « m a .
.STATE Ol' PENS'W.VsNIA.
B u ffa lo a s i s g a n o s i h .u i .h ow , com pany .
F irst Mobtoaok G old Coupon B o k o .

X o.
Series.
- K now a ia n k n n r n u ts * present *, that the Buffalo A Susquehanna
Railroad Com pany (hereinafter term ed the R ailroad Company), for
value received. promises j » p ay to the bearer hereof, or if registered
as hereinafter provided to the registered holder hereof,
dollar* In gold coin o f the United fit ,te* o f America, o f or equal to the
present standard o f weight and fineness, ou the flrst day o f O ctober,
A. D, 1013. at the office or agency o f the R ailroad Company, in the
i tty of Sew York, and to pay Interest thereon from the Urst day o f
October. I #93, at the rate o f live per cent per annum, p ayable somiaBtwatly at said office or agency tn llk c gidd'eoin upon surrender o f
the r> .peellvf coupons therefor a- they severally mature, an d until
p tyi«» ut nl -.nd principal -uni. The principal anil lo t-fe s l o f this bond
are payable w ithout .u-duetton fo r nuy United States, State o r other
t a x o r taxes which t b » R ailroad Company. Rs sueoessor* or assigns,
mor be reqtftrrd to pay, deduct or to retain therefrom under a n y pres­
ent or future la w : the Railroad Company hereby agreeing to pay aiich
tax nr fix ,--.
** This Load l* one o f a t a u fiiorim l issue com prising two series des­
ignated A and it respectively ; series A to consist o f not exceeding one
thou-aou (gilt buruln ! ( ! .won, bon d. of the deuoinlnitjon o f on e
thousanddollars (*i .t.'OUj eaeh.aiid numbered from i to I. HOP tooth In­
clusive; and » ,n e * 13 of not exceeding lour Imudreii (400) bonds or the
deui'iiuination o f flee hundred dollars HGIW each, and numbered from
1 in tuO. both Inclusive: the tota lIs-u e of bond* not to exceed la th e

aggregate tw o m illion dollars (*2,0O0,«K)i o f principal, and limited to
fttteen thousand dollar* permit.', o f railroad o f the Railroad Company
com pleted for operation, all o f which bonds are equally secured toy
and subject to the provisions of a certain m ortgage or deed of trust
Hearing even date hero with, executed by said Railroad Company to
the Mercantile Trust Company o f the City o f New York, as Trustee,
coveting il l the railroads and equipm ent, property and franchises o f
the R S t i r , , < imp m i . now owned or which may-Uere.tfter he acquired
by i t : and are further secured toy a certain m ortgage or deed o f trust
(likewise bearing even dare herew ith).executed toy Frank IT. Oopdyear
atnl < h.irle* W. Goodyear, and their wives, to said Trustee, covering
certain timber land* m the countie- of McKean, Clinton, rotter, Lam- 9

cron and Kite tot tin gptte of Pennsylvania, a* therein provided; to
which said m ortgages reference ia m adeToy a fa n description: o f the
property, rights, pri vilege-, advantages and franchises m ortgaged to
secure the payment o f said bonds anil Interest, and fo r the remedies to
enforce the same, with the same effect :># If herein fully set forth,
" T h e said m ortgage of the Railroad com pany provide.* lor the pay­
ment t.v the Railroad Company on July 1, relit, and annually there­
after, of an amount In cash equal to the amount; o f the said bonds then
outstanding divided by the number ot years then tontniiilng before
their maturity, as a slaking fund to be applied in redeem ing and pay­
ing bom!*, at par and accrued interest, or In purchasing and cancelling
bonds offered at less tlmn that rate. The bonds to be redeemed each
year shall be those bearing the highest
highest numbers o f each series outstanding at the time and in the proi«>;irtion os near as may he o f the
par value o f the bonds o f each series tbi,en outstanding. TIPs bond may
he registered in tin; manner and with the effect described lit the en­
dorsement hereon, but unless so registered shall pass by delivery.
" This bond shall not becom e valid for any purpose until authenti­
cated t.v the certificate of the Trustee hereon endorsed.

THE CHRONICLE.

640

“ I s w it n e s s w h e r e o f , said Railroad Company has oaused these
presents to be signed by its President and its corporate spal to be
hereunto affixed and attested by its Secretary this lirst daft1 of Octo­
ber, 1893.
“ B u f f a l o & Su s q u e h a n n a r a i l r o a d Co m p a n y ,

•.
“ Attest :

“ By

President.
“ Secretari/.’’

comply with such covenant or condition, then the Railroad
Company shall, upon the demand of the Trustee, forthwith
surrender to the Trustee the actual possession of the property
mortgaged, together with all the books, papers and accounts
of the Railroad Company, and the Trustee shall be authorized
to operate and manage it.
R IG H T TO SELL—PR IN C IP A L D U E .

Form o f Coupon,
** $

rvou l v ii.

No.
“ B u f f a l o & S u s q u e h a n n a R a il r o a d Co m p a n y

w ill pay to bearer, at its agency in the City of New York,
dollars in gold coin free from taxes specified in the attached bond on
the first day of
. being six months’ interest then due on its
F irst Mortgage Bond Series
, No.
“ Treasurer.”
Form o f Endorsement.
“ This bond m ay be registered in the owner’ s name on the Company's
books, at its agency in New Y ork City, such registry being noted on
the bond by the Company’s transfer agent, after which no transfer
shall be valid unless made on the Company’s books by the registered
owner, and similarly noted on the bond; but the same m ay be dis­
charged from tbo registry by transfer to the bearer, after which it
shall he transferable by delivery; but it m ay be registered again as
before. The registry of this bond shall not restrain the negotiability
of the coupons by delivery m erely; but the coupons may be surren­
dered, after which the interest shall be payable only to the registered
owner of the bond.”
PR O P E R TY COVER ED B Y T H E M ORTGAGE.

“ A ll and singular, its railroads, equipment and franchises
now owned or which may be hereafter acquired by it, whether
by purchase, merger or otherwise, including the following
properties now owned by the Railroad Company, v iz .:
“ The railroad extending from a connection with the rail­
road of the Western New York & Pennsylvania Railroad
Company, at Keating Summit, in the County of Potter and
State of Pennsylvania, to Galeton, in said County and State,
a distance of about forty-seven m iles; and the railroad ex­
tending from a connection with the aforesaid railroad to
Cross Fork, in the said County and State, a distance of about
thirteen m iles; and together with all branches, extensions,
sidings and turnouts, and each of them, now belonging to or
which may hereafter be constructed by the said Railroad
Company, and all lands, rights of way, rails, bridges,wharves,
fences, workshops, machinery, stations, offices, depots, depot
grounds, engine houses, buildings, improvements, tenements
and hereditaments now owned by the said Railroad Com­
pany, and used for the purpose of operating said railroad
and branches, or any of them, or which m ay hereafter be ac­
quired by the said Railroad Company, and used for said pur­
pose, together with all the cars, engines, rolling stock, tools,
implements, materials, apparatus and equipment now belong­
ing, or which may hereafter belong to the said Railroad Com­
pany.”
[A separate mortgage of the same date as the present in­
denture, made by Frank H . Goodyear and wife and Charles
W . Goodyear and wife, all of the city of Buffalo, N. Y ., to
the Mercantile 'Trust Co., trustee, conveys as additional se­
curity for the $3,000,000 mortgage bonds hereby authorized
all the timber lands owned by said Goodyears in the counties
of McKean, Potter, Cameron and Elk in the State of Penn­
sylvania, containing about 89,394 acres, all of such tracts of
land being particularly described by metes and bounds in
said mortgage.]
BONDS P E R M ILE.

The amount of bonds which m ay at any time be issued and
outstanding under this mortgage shall not exceed $15,000 per
mile for each mile of the Railroad Company’s railroad actually
completed and in operation, less the amount which has been
or should have been retired by the sinking fund, and shall iu
no event exceed $3,000,000 in the aggregate.
W H E N BONDS M A Y B E ISSUED.

It is particularly provided in Article I. how the bonds may
be certified and delivered by the Trustee to the Railroad Com ­
pany on the completion of road and acquisition of equipment.
AG EN T S IN N E W Y O R K .

In A icicle II. the Railroad Company agrees that it will at
all times maintain an office or agency in the city of New
York for the payment of interest and for the registration and
transfer of bonds, and the firm of Harvey Fisk & Sons are
appointed fiscal agents of the Railroad Company in the city of
N ew York.
SIN K IN G FUND.

The company will on the first of July in each year deposit
■with the said firm of Harvey Fisk & Sons of the’City of New
York for a sinking fund for the redemption of said bonds, an
amount in cash equal to the total amount of the bonds then
outstanding, divided by the number of years which said
bonds shall then have to run. The amount so deposited shall
be used first to redeem bonds that are offered below par in
response to an advertisement, and if not enough bond£ are
so offered, then a sufficient number shall be noticed fbr re­
demption, always taking the highest number of each series
($1,000 and $500) outstanding at the time.
PR OCEEDINGS IN CASE OF D E F A U LT .

Article Y provides that in case default shall be made in the
payment of any interest on the bonds, and such default shall
continue ninety days, or in case default shall be made in per­
forming or complying with the provisions of the mortgage
with respect to the redemption of bonds or any other covenant
or condition, and shall continue ninety days after the Trustee
shall have requested the Railroad Company in writing to

In case any such default shall be made, and shall continue
for ninety days, the Trustee shall be entitled, with or without
entry, to sell the mortgaged property, asan entirety, at public
auction, in the city of Philadelphia, after legal notice, and
also sixty days’ notice published in Philadelphia, New York
and Buffalo. Upon the making of any such sale, or in case
of a sale upon any such default, pursuant to judicial proceed­
ings, the principal of all the bonds which shall have been
issued and shall then be outstanding shall forthwith become
due and payable, anything in said bonds to the contrary not­
withstanding.
P R IN C IP A L M A Y B E D E C L A R E D D U E B U T
BO N D H O LD ER S CONTROL.

M A J O R IT Y OF

In case of any default continuing as aforesaid the Trustee
m ay, by notice in writing to be served upon the Railroad
Company, declare the principal of all the bonds then out­
standing to be due, and the same shall thereupon become due
and payable.
“ A ll proceedings of the Trustee hereunder in regard to
enforcing the lien created by this mortgage or deed of trust,
either by taking possession or by sale at auction, or by resort
to judicial proceedings, or by any means authorized hereunder,
shall be at all times subject to the control of the holders of a
majority in amount of the bonds issued and then outstanding,
their wishes being expressed in writing to said Trustee.” No
holders of any bonds or coupons shall h iv e the right to in­
stitute any suit upon any of such bonds or coupons or for the
foreclosure of this indenture, or for the appointment of a
Receiver, or any other remedy, without first giving notice in
writing to the Trustee of the fact that such default has oc­
curred and continued, nor unless the holders of at least twen­
ty-five per cent in amount of the bonds then outstanding shall
have made request in writing to the Trustee, and offered
to indemnify the Trustee, and have afforded the Trustee a
reasonable opportunity to proceed to exercise the powers
herein granted, or to institute such action, suit or proceed­
ings in its own name.
COUPONS P U R C H ASED CEASE TO B E A L IEN .

Upon any purchase or sale of any coupons attached to any
of the bonds hereby secured, or any interest on any registered
bond, or upon any advance or loan upon any of said coupons,
or interest, made on or after the date of maturity of such
particular coupons or interest, the said coupons or interest
shall not be deemed to be secured by or otherwise within the
trusts of this Indenture, unless accompanied by the bond or
bonds to which the same originally belonged, except after
payment in full of the principal of the bonds issued, and all of
the coupons and interest not so purchased or advanced upon.
TR U STEE M A Y R E L E A S E C ER T AIN PR O PER TY.

The Trustee may on request of the Company release por­
tions of the mortgaged property not required for use, or which
it may be desirable to sell, but all proceeds of such sales shall
be invested in ocher property, to be subject to this mortgage,
or shall be deposited meantime with the Trustee.
R IG H T S A N D D U TIES OF T H E TRUSTEE.

The Trustee shall not be required to take any step in the
execution of the trusts hereby created, or in the enforcement
of its rights and powers, if in its opinion such action will be
likely to involve it in expense or liability, unless one or more
of said bondholders shall, as often as required by the Trustee,
give it reasonable indemnity against the same, anything
herein contained to the contrary notwithstanding ; the Trustee
and its agents, attorneys and counsel shall be entitled to a
reasonable compensation for all services rendered; the Trustee
or any Trustee hereafter appointed m ay resign, and thereby
become discharged from the trusts, by notice io writing to be
given to the Railroad Company, and published one or more
times in a newspaper in the City of New York at least two
months before such resignation shall take effect; but such
resignation shall take effect immediately upon the appoint­
ment of a new Trustee hereunder, if such new Trustee shall
be appointed before the time limited by such notice; the
Trustee shall not be required to take notice of any default of
the Railroad Company unless the Trustee shall have been
specifically notified in writing o f such default.
The Trustee may be removed by an instrument in writing
executed by the holders of a majority of the bonds then out­
standing. In case at any time the Trustee shall resign, be
removed or otherwise cease to act, a successor shall be ap­
pointed by the holders of a majority of the bonds then out­
standing, by an instrument or concurrent instruments signed
by said bondholders or their attorneys in fact duly authorized ;
provided that in case it shall prove impracticable thus to ap­
point a successor in the event of a vacancy in the said trust, a
new Trustee may be appointed upon the application of the hold­
ers of one-eighth in interest of the amount of bonds then out­
standing by any Judge of the United States Circuit Court
for the Second Circuit; but every such Trustee shall be an
incorporated trust company of good standing in the City of
New York, having a capital and surplus of at least $1,000,000,
if there be such a trust company willing and able to accept
the trust upon reasonable or customary terms, ,

641

THE CHRONICLE.

October It, 1893.]

C

O

T

T

O

N

.

Friday Night, October 13, 1893.
The Movement of the Crop, as indicated bv our telegrams
COMMERCIAL EPITOME.
from the South to-night, is given below. For the week ending
this evening the total receipts have reached 281,598 bales,
Friday Night, Oet 13,1893.
against 223,158 bales last week and 161,433 bales the previous
General business has been unusually slow for this season of week: making the total receipts since the 1st of Sept., 1893,
the year; the characteristic feature of demand for nearly all 830,213 hales, against 857,230 bales for the same period of 1893,
lines of merchandise Is to coniine purchases to thoroughly sho wing a decrease since Sept. 1, 1893, of 27,003 bales.
staple goods and to the smallest possible quantities consistent
Sai.
Hon. j Tuts.
Receipts at—
Weti. ThrUrg,
Fri.
Total.
with natural trade necessities. With the exception o f cottoD, G alveston....... . 7,236 12,771 j 6,606 8,287 6,351 9,051 50,302
none of the leading commodities attracts much speculative V elasco, &a —
......
••••••
......
1,437
1,437
attention. Exporters have shown only moderate interest in New O rleans... 7,914 12,252 20,341 0,165 7,73*3 16,110 70.54S
508 2,248, 2,719
843
breadstuifs, and a portion of current shipments are composed M obile...............
710 1,731
8,759
80
o f deliveries upon maturing contracts. Receipts of grain at F lorida.............
80
.........1 .........
10,296 9,514 13,339 10,302 10,098 9,228 fj 2,777
Western storage centres have 'been smaller, partially due to
dissatisfaction among growers over ruling prices. Swine have
Bransw’k.&e.
537
837
been less plenty at packing points, which served as an influ­ Charleston....... 4.471 9,029 4,435 4,783 3,198 3,800 29,721
ence to sustain a higher plane of valuation on cured meats
and to greatly curtail their sale. An unusually small trade is Wiltn burton----- 3,394 3,133 1,755 1,173 1,578 1,340 11,378
doing m dairy products for export, home buyers having
Wash-ton, Ac. .« **«* . . . . . . i . . . . . .
......
8
. 8
......
largely over-bid shippers' limits. An unpropitious teuor to Norfolk.............. 1,912 1,315 3,177 3,073 3,968 3,368 17,813
the Government monthly crop bulletin has generally been
S88 1,673 1.316 1,701
9ol
West P oin t...
1.265
8,297
discredited as being in conflict with private information. An
....... .
N 'port N., &e.
341
......
341
....... . .........
immense passenger traffic to and from the Columbian Fair S ew Y ork......... ....... .........|
......
28
......
......
23
has served to greatly impede the movement of freight over
67
16
51
the principal railway lines.
.........
.........
.........
B altim ore........
1,962
1,962
Lard on the spot has continued to meet with a light trade, Pklladelph’a& c
140
240
50 ........................
......
50
but prices have further advanced with the market for futures
and the the close was firm at 0‘4c. for prime City, 10’30c. for Tot’ ls this week 35,706 52.435 54,216 36,220 36,022 49,998 264,598
prime Western and 10 03c. for refined for the Continent The
The following shows the week s total receipts, the total since
speculation in lard for future delivery at this market was at a Sept. 1, 1898, and the stock to-night, compared with last year.
standstill, but prices have been advanced on the small move­
Stock
ment of swine and in sympathy with an improvement West,
:
1 8 92.
Receipts to
closing firm.
This Since Sep: This Since Sep.
Oet. 13.
1392.
1
8
93.
o.ult closing rareas or n a n rcrnniE*.
Week, , 1 , 1 8 93.
Week. 1 ,1 8 9 2 .
Sat.
O ctober delivery.......... «. l o ts
November delivery.....a. 9 00
January delivery .........c . SAO

ilrm . Tut*.
Wert,
10-15 10-20 10-30

T hun.
10-25

....

9 00

9 (50
8 80

9-GO

9 SO

___

9 TO

Fri.

10 23
9-75

Galveston.... 1 50,302;
VelttMft* «fcc. ! 1.437!
New Orleans 70,346
Mobile........... j 8 ,759
SO;
Florida.........
Savannah. , . 02,77 7:
S37j
Br’ wick.&o
Charleston.. 29,724
P.Rnyal.Ao
Wllrn button.. 11,373
§
Norfolk......... 17,813'
West Point
9,297
N f£>’ t N-. &O
3 il!
New Y ork ...
28
| Boston..........
071
Baltimore ..
f.BBlj
f'u l'id e t.A c .
210

191,612
3 ,938
195,583
34 309
3,079!
218,409
2,434!
74,3 7 4
4
36,0 1 9
'll
43,2 2 6
14,708
1,350
495
718
5,3 79
3 .999

02,251
4.398
6 0 ,0 3 0
11,6(10
240
19,654
10,87(1
20,204
..........
9 ,868
27

252 ,7 1 3
11,033
146,499
3 7 ,0 3 1
400
2 0 3 ,4 5 4
24,347
77,8 1 2
It
31,8 7 0
52
30.8 1 2
29,528
1,383
•««**«
3,242
1,263
2 ,159

1 19,718
95
123,619
18,334

117,007
5,019
126 ,3 2 0
16,771

26,101
10,739
32,2 9 9
14,542
13,303

18,830
12,158
2 4,518
2 4 ,0 4 0
9.037

25,003
9 ,0 2 2
2 7,484
19,761
12,283

311,313

304 ,5 0 1

203 ,2 3 3

Pork has not attracted much attention, hut prices have
ruled firm, closing at §19 25i*$lt) 50 for mess, §18 50®§30 for
«*»»*•
short dear and $S0Q§2O 50 for family. Cut meats have sold
94,1 1 3
102,891
slowly, but the close was firm at ’ t3?_s®t8)|C. for pickled
......
7 ,015
bellies, lOijj .2 lbs. average, lO a llc . for pickled bams and
6 1 ,3 2 1
00,385
T ‘ i'c. for pickled shoulders. Beef was dull but steady at
Pi 099 50 for extra mess, |12 5§t t for family, $!0:3§ll 50 for
17,934
2 7 ,62 3
packet and §n><*§3l for extra India mess. Beef hams are
unchanged at $10. Tallow has teen firm but quiet at -V,
18,169
12,603
23.1 1 6
Lard stearine has advanced to 13c. asked. Oleo stearine has
7,945
2,070
14,820
declined, and the clots'' was dull at lie . Cotton seed oil closed
418
fairly active and steady at 85c. for now prime crude and 38!*..
143,709 271,998
for old prime yellow-. Butter is dull and easy at 20.329a. for
8,100
8 .000
691
creamery. Cheese is quiet but steady at ilhs 13c. for State fac­
425
10,644
16.1 5 6
tory full cream, Freeh eggs are dull" but steady at 22<a22».>.
4,9 42
4,307
840
for choice Western.
Coffee has found tetter general demand, which, in conjunction
Totals. . . . . 261.593
8 3 0 .2 1 2 ;259,12b 8 5 7 ,2 2 0
057,771
77 5 ,0 9 3
with moderate offerings, acted as a stimulant to value. Rio
In order that comparison nm- be made with other years, we
quoted at
for No. 7, good Cucnta 20 J4 @ 8 lc. and interior
Padang at 23®23ljc . Speculation in contracts has been of give below the totals at leading ports f o r six seasons.
moderate character in consequence o f the meagre and uncer­ Receipt* a£— \ 1893,
1 8 91.
1890.
1888.
1892.
1 8 89.
tain news from Brazil. There was, however, a general fear
o f short supplies which kept the tone bullish and at the close
57,730
50,325
33,1 5 0
51.739
80,049:
61,1 2 4
the market remains quite steady. The following are the I New Orleans 70.549 00,0 8 0 100,879 84.4.06 97,191 7 2 .8 2 9
final asking prices:
; Mobile .........
13.097
12,033
5,759
1 1 ,6 6 0
15.930
13,706
1savan n ah ... 62,777 49,6 5 4 79,703 50,218 51,6 4 5 51,0 5 3
...........17-256.1Jan.
....... 159 V. I Apr............... .15
N o v .................... 16-656. Fob.
R oe......... ........... 10-25«. I M. b

........13-800.

May....................13 15 c. ;j Ctiac'ton.&c.

.......15-65©. I
Raw sugars have remained steady at about former rates
and were a trifle more active in consequence of fresh arrivals.
The first parcel of new crop domestic sugar sold at New
Orleans. Centrifugal quoted at 8 J£c. for 96 degrees test and
muscovado 3‘ 4 c. for 89 degrees test. Refined sugars quiet
aod steady: granulated quoted 5%c. Rice higher; tea-, molas­
ses and syrups in demand; spices quiet,
Kentucky tobacco has sold moderately well, mainly to exrters, at full prices; sales 275 bhds. Seed leaf tobacco ha?
en decidedly less, active, but prices held steady; sales for
the week were 750 cases, as follows; 200 cases 1892"crop, New
England Havana. WfgMc,; 150 cases 1893 crop, New England
seed, 82@34c.; 150 cases 1892 crop, State Havana, llfglTc.:
IfMi cases 1892 crop, Zimmer’s, private terms, and 130 Cases
1893 crop, Wisconsin Havana, S}4 § 12c.; also 300 bales Ha­
vana, 85c.@§l 10 , and 200 bales Sumatra, $3 80s3$f,
The market for Straits tin during the early part of the
week was dull and prices declined to 20"80e,, but later there
was an increased trade and the - close was firm at 20 Toe. bid.
Sales for the week were about 250 tons. Ingot copper has
been quiet but steady, closing at 9'60e, for Lake. Lead has
further declined and the close was dull and weak at 3*400, for
domestic. Pig iron was quiet but steady at §12 73015 50.
Refined petroleum is unchanged at 513c. in bbls., 2-630, in
bulk and 3 tec. in case-; crude in bbls. is firm but quiet,
Washington closing at 5*50c. in bbls. and 3c. in bulk; naphtha
5b4c. Crude certificates have been quiet and at the close was
firm at 69]jc, bid. Spirits terpentine declined, but later the
hiss was recovered, and at the close was firm at 2 8 ^ 9 39c.
Rosins have been in moderate demand and firm at $1 20 for
common and good s-.rnined, Wool is dull and unsettled.
Hops are dull but steady, J

K

j Wllm*ton,4te
| N orfolk........
w. Point,dee.
| All oth ers...
Tot. this wk.

2 9 ,7 2 1
11,396
17,813
8,033
3,214
234,598

20,204
9,895
11,008
15,2 4 8
13.0 3 0
3 *9 ,1 2 8

3 8 ,57 4
12,013
2 9 ,1 3 0
23,0 9 1
17,482
3 75,820

[ Since Sept. 1 830.212 8 5 7 ,2 2 0 1 4 (2,7 7 2 14 40,828 1298,283 1007,406
The exports for th - week ending this evening reach a total
of 112,543 bales, of which 68.939 were to Great Britain, 16,697
to France and 81,997 to the rest of the Continent. Boloware
the exports for the week and since September 1, 1891,
E x p ert*
fro m —

W e e k E n d in g O ct.
E x p o rted to —
G rea t
B rW n . F ran c t

Galveston..-.*. 20.48} 12.694
.........
Velasco, t k c . . . .
.....
New Orleans., 27,525
*103
_____
Mobile A Pen.
......
Savannah.. . . . .
7,700
, .......
(trims vricii.......
Charleston. . . .
8,121 . . . . . .
......
Wilmington..
r.
Norfolk............
W est P oin t,...
N-p’t News, Ac . . . . . .
......
New York____
3,48?
510
Boston............
1.767
Baltimore,. . ..
2,7m
PWledelpXAc
m .........
T o t a l.........
Total. W 9 2 . . . .

1i.

C o n ti­

T o ta l

n en t

W eek .

300 33,470
850
850
7.926 30,85?
......
7,300 15,000
......
5,500 13,021
..
......
. .. .
......
......
5,318
0,340
.........
1,767
7,500
4,773
. ....4
so

13.€07 31.097 ii2 ,5 ii
£2 87?

4.425

18,443 115.745

F r o m S e p t . 1 , 18V3, to O c t
E x p o rt* j t o G rea t
B r ita in . F ra n ce

37,137

22,429

53,072 20,390
............
7,790
6,300
....
8,121
. . . . ...
......
1,910
............
397
35,302 2,723
12,659
7,773
1,083
2,530

C o n ti­
n en t.

18, I5w3.

T o tm .

5,891
2 74 3
12,749
........
62,037
030
7,100
8,900
........

fli5.480
2,745
88,937
........
01,027
930
15,221
8 900
1,943

___
21,577
400
13,581

397
02.602
13 059
22,410
2,080

m

61,0.11

129,980

319,348

288,229 26.805

86.481

401,518

167,449

THE CHRONICLE.

642

In addition to above exports, our telegrams to-night also
give us the following amounts of cotton on shipboard, not
cleared, at the ports named.
W e add similar figures for
New York, which are prepared for our special use by Messrs.
Lambert & Barrows, 21 Beaver Street.

T he Sales and Prices of F utures are shown Dy the
following comprehensive table.
M
S
C tjodP Qhjapo
J ig l
oa&gs'ae.g
i2
oZZg
93 © ® CD 03® ® 2 03 © ® Qi
cd a ® &
S o®^
rro ©M C®
® ©* cr® 05 ® tr® * . cd rr® « V Z-O ® ©<
P
M
P3J- CD p03»vd B 50V * 1 P tB-v 8»
® z? P OB'- %
7**3 S'
-J “
: 50 ct-vj
: i? ?
5?-£ *
“ »C
©V
‘ Urf : p - r o
•• Ct *
.®Sf
9,
«
■
to
£• I
: SO•
©©
: gs i gH:| *sI
: to ; S i U . ps;
®©
«
• M i c* .
<£• 1
» ©,; j
©»

New O rleans...
Galveston.........
Savannah..........
Charleston........
M o b ile ...............
N ew York.........
Other p o rt-___

Other
Great
Britain. France. Foreign

“E

26,109
11,660
15.000
9,600
None.
None.
7 ,700
13.000

17,171
None.
None.
4,500
None.
None.
300
None.

5,441
40,736
3,00«i
2 ,500
None.
6 ,000
4 ,200
18,000

Total.

2,306
1,109
3,600
1.500
None.
8 .500
None.
None.

51,027
53,505
21,6 0 0
18,100
None.
14,800
12,2 0 0
31,000

72,5 9 2
66,213
81,291
48,2 8 5
18,354
8,316
131,509
28,979
455,539
577,611
662,805

79,8 7 7

21,971

83,0 6 9

17,315

202,232

Total 1 8 9 2 ... 104,584
Total 1 8 9 1 ... 155.993

19,943
19.213

64.144
60.468

9,411
14,096

198,082
2 4 9 ,7 7 0

Total 1 8 9 3 ...

Leaving
Stock.

Coast­
wise.

Speculation m cotton for luture delivery at this market was
upon a fairly liberal scale, with an erratic run of values. On
t te average, however, the current of local feeling was some
what bullish, based upon an assumption of less promising
crop prospects and some disappointment in the outcome of
supplies for the week. There is in opposition quite a bearish
element believing that crop damage has been exaggerated and
attributing the comparatively light receipts to a refusal of
planters to realize at present prices. English consuming de­
mand was fair, but domestic spinners purchase slowly and
moderately. Saturday’s market was quite active, strong
cable advices and poor weather reports from the South induc­
ing free covering and leading to a net gain of 8 points for the
day. On Monday, however, there were weaker foreign news
and brighter weather reports, which induced some of the
holders of “ long” engagement to sell out and broke cost 10@
11 points. During Tuesday there was another net decline of
17 points, occasioned by the fact that the exhibit of crop condi­
tion given by the monthly report of the Agricultural Bureau
was not quite so serious as had been expected.
Wednesday
brought a sharp recovery, English operators having taken the
Government report as quite unpropitious, and that, together
with reports of a cold wave in Texas, so quickened demand
as to stimulate an advance of 18 points. Yesterday demand
continued good in the main for covering, until 14 points ad­
ditional advance was shown, when orders ceased and 7 points
re-action at once followed. To-day’s market has been very
feverish and out of the numerous fluctuations advantages
stand about even between buyer and seller; but investment
slow-, owing to distrust occasioned by non-repeal of silver bill.
Cotton on the spot has been dull at irregular rates, closing at
8% c. for middling upland.
The total sales for forward delivery for the week are 1,021,900
bales. For immediate delivery the total sales foot up this week
2,195 bales, including------ for export, 1,895 for consumption,
------ for speculation and 300 on contract. The following are
the official quotations for each day of the past week—
October 7 to October 18.
UPLANDS.

6
6%
7T
7«16
71ble

GULP.

S a t.

Ordinary...........................................
Strict Ordinary.............................
Good Ordinary......... ....................
Strict Good Ordinary.................
Low M iddling................................
Strict Low Middling....................
Middling...........................................
Good Middling...............................
Strict Good M id d lin g.................
Middling F air................................
Fair....................................................
STAJNED.

6
6%
7q
7*16
71°, R
sh e
8%
8%
811i 6 8 U 18
8?e
8%
9T
9T
95fl
9=8

513,6
63ie
71,6
7%
734
8
8316
sq
811,6
9 ‘ ie
97,6

6
6%
7q
7«,6
715,6
6 3]6
83s
811,6
878
sq
958

M on T ues W ed

eq
6q
6^8
6^8
7%
7ia
7 % e 71316
87,6
8%
81°, e
91q
9is
9 78

87,6
8 -7s
S1516
9%
91<1
9 78

6 'ia
6716
7»,6
759
8
8*4
87,6
8\
81°,6
9°16
911,6

6 24
65g
7q
7 ia16
8 :iie
8q
81°16
9q
9’ s

M on T ues W ed

S a t.

Good O rdinary..............................
Strict Good O rdinary.................
Low Middling.................................
Middling...........................................

Th.

M on T ues W ed

S a t.

Ordinary.........................................
Strict Ordinary..............................
Good Ordinary..............................
Strict Good O rdinary.................
Low Middling.................................
Strict Low Middling....................
Middling...........................................
Good M iddling..............................
Strict Good M iddling................
Middling Fair............................. ...
F a ir .............................. ...................

oifl
5k>
6 1S
6%
51-16
7
7
613,6
71510 7151P 74,

M AR K ET » » U

5^
6 18
7
715,«

6
6^8
7q
79,6
715,6

8%
8 'lie
87«
9q
9°s

83a
8 iq 6
878
sq
958

Th.

F r i.

6q

9 38
9q
9 78

6q
6*8
7^
713,6
Sha
S’ ,6
8°a
815,0
9 38
9*2
979

Th.

F r i.

7q
713,6
83i 6
87le
858

5^
6^
7
715lfl

....

167
134
698
372
390
134

Total. ......................................

....

1,895

100
200

■

300

lotal.
167
134
798
572
390
134

°? 1
cc

©

Sales oj
Futures
119,900
1 31.600
203 ,5 0 0
178,700
186,200
202,00(5

2 ,195 1 ,0 21,900

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Oon- Spec- Con­
sump. uVVn tract.

00
Eo h

* cco r1

SAL.KH

D ali at i 16 adv..
Dull aud e a sy ...
Q.uiet at 3] h dec.
Steady at sle, ad.
Q u iet...................
Quiet & steady.

Sat’d a y .
Monday
Tuesday
W ed’day
Thur’ d’ y
F rid a y ..

oo

hsj0?
<J coco
2 &
2. o ®

eq
7
7 l5 1A

SALES OP SPOT A N D CONTRACT.

Ex­
port.

S'tt&g*

►

The total sales of cotton on the spot and for future delivery
each day during the week are indicated in the following
statement. For the convenience of the reader we also add
a column which shows at a glance how the market closed on
same days.
SPOT M A RK E T
CLOSED.

I

F rI

6
6%
7q
79,6
7151h

&
C^op©

ft ?

Oit Shipboard, not cleared—fo r
Oct. 13 at—

[V ol . LVII,

Is

Id

I I

I I

* Includes sales in September, for September, 1.700,

The following exchanges have been made during the w eek;
TO
TO
22
11

pd.
pd.
pd.
pd.

to exch.
to exek.
to excli.
to exeb.

300 Jan. for Feb.
100 Jan. for Feb.
9 0 0 Nov. for Jan.
600 Nov. for Dec.

I TO pd. to excli. 100 Dee. for Jan.
I ' l l pd. to exeh. 500 Nov. for Dee.
I TO pd. to excli. hOO Jan. for Feb.
| ’17 pd. to exch. 2 ,2 0 0 Nov. for A p r.

The V isible Supply of Cotton to-night, as made up by cable
and telegraph is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week’s returns,
and consequently all the European figures are brought down
to Thursday evening. But to make the totals the complete
figures for to-night (Oct. 13), we add the item of exports from
the United States, including in it'the exports of Friday only,

THE CHRONICLE

O ctober 14, 1893.J

1893.
1892.
1891.
1890.
8 46,000 1,028,000 643,000 462,000
S tout at L iverpool........ bales
13.000
9.000
28.000
9.000
Stock at L ondon.................
T otal Great Britain stock- 856,000
_ . ------- 1,037,000 050, tleu 490. Ouo
3.900
10,000
4,300
2,300
S tock at Hamburg.....................
10.000
54,000
78.000
60.000
27,000
Stock at B rem en............. .
12,000
17,000
10,000
2,000
Stock a t A m sterdam .......
300
200
200
200
Stock at R otterdam ........
9,000
5,000
6.000
3,000
Stock at A ntw erp............... ...
......
97,000
Stock at-Havre........................... 299,000 311,000 151,000
10.000
5.000
7,000
3.000
Stock at Marseilles
57,000
48.000
40.000
12.000
Stock at Barcelona
14,000
11,000
5,000
6.UOO
Stock at Genoa. . . .
33 000
29MOO
21,000
5 .oo
Stock at T rie ste ....
499, l Oil 315.000 157.50..
Total Continental stocks.
303.200 _________
T otal European stocks — 1.3 3 -M oo 1,936. lo o 971.000 ' 6 4 7 .0 0 0
India cotton afloat for Europe.
30.000
39.000
40.000
32 000
A m er.eott'aa floatlorB u irooe. 22S.000 290,000 343.000
21.000
32.000
34.000
Egypt.BrazH.Ac.alU for E'r' j«45.000
637.771 775.093 912.375 490.061
Btbck in United States ports ..
Stock in U S. interior to w n s.. l«S 723 233,8TO 2 5 8 ,1 2 7 148.672
30,301
8.018
34.100
Catted State-s exports to-d ay.
56.737
. 2.323,995 2.907,681 2,093 U g 1.919.4,A
Total visible supply
O f the above, the totals of American and otherdeserlptions are as follows:

American—660,000 877.000 40 1.000 191.000
43.00*
393.000 340.000 183.000
Continental -t<*ek«..............
Am erican afloat fo r E urope... 228.000 390.000 343.000 49 i.OIV)
United States slo c k ..................
*57.771 775.643 912.575 490.304
149.672
United Stales Interior sto ck s.. 168.783 2 2 5 .-7 0 2 'i-.l2 7
United States exports to-day.
30,301
9.018
36.100
36.737
T otal A m erican...................2 ,ltW.795 2,517.581 2,216,302 i , * 2 s.,.,
Eael Indian, B rasil. 4 •-. —
L iverpool stmsk— _________
186.000 151,000 109.000 271.000
28.000
London s t o e x ............ .........................9.000
9.000
13,000
110.200 159.100 132,600 114.500
Continental *toefc*....................
32.000
India afloat for E u r o p e ______
36,000
39,000
40.000
E gypt. Brar.it, « r . . a f lo a t .......
2 1.0 0 0
32.000
34.000
4 &-oon
Total East India, A c ..........
342,200 '390,100 ~*78,60*. 490,5ut.
T otal A m erican.................. 2.108,795 2.517.381 2,816.1102 1.428.973
Total visible supply.......... 2.525.993 8.907.60'i 2.59 i.-fog i p t t v M S
Price Mt«. U p t. Liverpool.......
*te,«d.
4-M .
4 i»Hd.
Priee.tO d.U pt .N c York . . .
»■*,«.
86.
»s»o,
101*'

Liverpool stock........... bales.

H P The imports into Jonttaentsd port* the put week have
been 9,000 bales.
The above figur -< indicate a efemvi*: in the cotton in sight
to-night o f ; » t fCK halt-, .i, comnartvJ with the ,-nme date
o f 1892, a drrnviM' o f 00,407 hale* as compare l with the
corresponding delta o f 1891 and art i r r e a * o f 800 522 bales
a* compared with 18W.
a t t h e I n t e r i o r T o w n s th e m o v e m e n t — th at is th e r e c e ip t s
f o r th e w e e k , a n d s in c e S e p te m b e r I , t h e s h ip m e n t* f o r th e
w e e k a n d tin sto ck * t o -n ig h t , a n d t h e s a m e it e m - fo r th e
c o r r e s p o n d in g p e r io d o f 1892— is se t o u t in d e ta il in th e
f o l i o w in * sta te m e n t.

613

Q u o t a t io n s f o b M id d l in g C o t t o n a t O t h e r M a r k e t s ,—

Below we give closing quotations of middling c o t t o n at South­
ern and other principal cotton markets for each day of the week,
ending
October 13.

closing q u otations f o e m id d l in g cotton on —

Sutter.

G alveston...
New Orleans
Mobile . . . .
Savannah .
C harleston..
Wilmington.
N orfolk........
Boston .......
Baltimore ..
Philadelphia
Augusta —
Memphis . . .
St. L ouis___
H ou sto n ___
C incinnati..
Louisville...

R
3>U

734

7‘h e
7>he

7*8
8

8%
8 u ia
8
7 7S

»

Mon.
She
She
74,
71->, 6
71=,e
7*6
8
8%
8 is
8-\
8

s

8

88 4
8%

S

8*4
8

Flics.

Wednes.
711,6
715,6

S he

7i»ie
73,
713,6
7l<ho

7H i 6

8%
S^

8%

711,6
7 7s
7 Ts
S

8r'B

8%
8=6
7%
7 76
8
71518

83,
73,
7 7S
8

8

8 >4
8

8 "4

8^

Thurs.

Fri.

71518

She
S lis

S

73,
7 1 6 ,,
7 W * 6 » 78
8

734

7 7s
S
S

8
8%
8ia

8
8%
8%
S3,
7 78
8
8

83,

7%
8
s

8l ia
Sk
-S»4

715,6

8%
S

The closing quotations to-day (Friday) at other important
Southern markets were as follows.
A tla n ta ..........
7% jLittle Bock .... T-M j Newberry ------- 7Hj8
Columbus, G a .
Columbus,M iss

Safanla....... .

7 % j M ontgom ery. .
’ % iN ash v ille..........

T’*i !S I Raleigh — . . . .
7^
[ S e lm a ...............

7%
7»3

7-H :Natebez ........ 7~e I S h re v e p o rt ___
7»g
receipts f r o m tue P lantations.— T t e following table
inlicates the actual movement each w**ek from the plantations.
The figures do not include overland receipts nor Southern
consumption; they are simply a state in -ut of the weekly
movement from the plantations of that pirt o f the crop which
finally reaches the m a r k e t through the outports.
«T«k

t t f .?’ < it thi Part*. \svk at Interior TQwm.]lkifpf t from Pbiiit’M,

tout,
Sort. * ......

iw i : um. i tesn, j M R

wsa. j ism. isos.

isos.

79.MS|'hMKM 53.SS2 33,644

#8,10*1 8j.S-.i* 5SU1-7.

31.014

•*

68,646
I S ...., lib.OiMi m . n a ] 56,703' S5.160ilSI.957i S1.S71 477.684
28....... 5 te .A -; l » ‘..vis! 05.64-.: ICS.2H H2.50«i M .7 6 « j* » .lS 7 137.871 107,731

o«.
..

.
« .......;s»i.a * * lo l l * . i u i , w < 186.«3»
i/*«.96.- s tb .s s i -US.4ttS;851,080
ri5.»70!l8S.7«V413,814
S98.765 M16.359
» - ■.iS7:.0-I.):3,V.i.ia»-3t«l..V#0 3.-*0.1S; 3g5.a7btl8S.723
t

“ -at. ... jj -hmiM U8.nw.wt.4ss H2.a4i»;i6s,8te,»as,ia,SjS«8,{tt)i

KB,8784113,UK)

Tlie above statement shows: 1 . —That the total receipts from
the plantations since Sept. 1 in 1893 are 942,769 bales; in
1392 were 934,436 bales; in 1391 were 1,614,970 bates.
2.—That although the receipts at the outporta the past week
were 264,598 bates, the act ual movement from plantations was
only 396,839 bales, the balance going to increase the stocks at
ihe interior towns. Last rear the receipts from the plantations
for the week were 294.76*3 biles and for 1391 they were
412,814 hales.
Overland Movement

fob the

W eek

and since

S ept . 1.—

We give I**..>w a statement showing the overland movement
for the week and since September 1. As the leturns reach ua
by telegraph late Friday night it is impossible to enter bo
largely into detail as in our regular monthly report, but all
the principal matters o f interest are given. This weekly
publication is o f course supplementary to the more extended
monthly statements. The results for the week ending Oct. 13
and since Sept. 1 in the last two years are aa follows:
s«*
c*
P 7 * p * * 7 * , ?*
#
>
— - a t - V- r - s b * *-*% a * . ® b c © « h . h h
3» ® O ’-s » -4 rC *«*
* ■> — — m - 4 1 m •
— 'S ■ 'll: i- *2 #- m as o tv
-m W »*»93 X -X *• C O
#*5’ 3 6 . « w* © * * 0 9 -S * s | t» »-*IS

S

t53

—1

«£ »s &S ta

r*

W-

? 3 j

P

r ’F ^ r ' F '

***^s

2*
^

s- ^ i
•W *

5
|.*£“

<S&

* - ^ ***— c w.j
V * o * * * r » V ® c : /: « .7 i o c s c s #— ’x
S i ® 3 &5 ■& *-1
93 <’Jh ts* — o * I O 9 3 1 *3 Ki C
*-*«
**- ® i * X SC■*>.! C «»
■#©w ® **-i # - ^ #i. *-» <jt **%m %$ #* a * sc cs «*s »s 3 *o qs is*& o * * o is © x
#*■
f-.r*

l i i s H
«
j*

I l S

s i l i a

s i

M

l W

a

S

i l S

is
;

i s I

s*

y-»

|

p t*

sa<ss»-,oao®* s c c « ®

c

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m

O riobrr

13
W eak.

n m t L r n t e . . . ..........................
Via Cairo............................. . . . ..
Via H a n n ib a l..... . . . . . . . . . . . .

Via Evansville................... .
Via Louisville........ ............

Via Cincinnati..............................

#»*a
5 £ |

»
r r F

1883.

I

sr 5 ‘ 1
*
if

«

—© w o o s » s c ® t » k o o

55

Rj
!i

*•

Via other routes, A c .....................
Total gross overland................
Deduct •Siiino.-i.'s Overland to N . Y ., Boston, A c.
Between Interior t o w n s ___ . . .

inland, Ao., from 8 o n t h ...........
Total to be d edu cted................j

|S‘

H \> .
* —(J IS

-

—

MW,

II

IS C .

1 8 92.

Since
8e.pt. 1.

0,444

4.271
9
220
1,322
3,086
2,418
17,774

2.297
*05
1,139
3,901

Lea Vint; total net overland*.. _ 13 .8 7 3 _
* Including movem ent by rail to Canada.

p

j*5i a a * o s V a *» « * w c » a 10’^

r*

j

X!©M0#-!»#b©»XM^-ti3#5*4®«S3SSie$e C(bOe*«l j

*

10.014

5.5*8
7,389

3,705
1.017
3,224

14,708
138
9,280
3.142
10,576

48,480

27,704

77,088

10,691

010
5,727

1,981

374
1,068

6 ,004
822
7,662

10,958

4,008

15,148

5*5
t » • A »• -a

t-S

*■*>#•*
p*
* £ K ,i S
15 ’ . *
, .* S
—_5}•* Z
v-f>®
w *4S*
-y *--j(07
— w *2*5©
n# w SSt-w
r.
®-M*hst -x s*® *3 ■»%►■*!£»<»M^1b» ©Wsp7«a^K © ’ois »— *5
i s * ae»**■*«»
; -________

* .S. W
.

* kGttumtt* n«

4

“ n«t *’ in hotu years.

f This jr****'* Hintr»*«

| XjsMii f»- kt'-. 8^sj_r#># are f»r S to n a sn ,

T h e a b a * * t o u t s s h o w that th e in te r io r s t o c k s have inrr -iw*1
d a r in g th e w eek 8l,?dt bah-* a n ! a re to-night 37,117 biles
Ms* th a n a t th e sin** period last year. The receipts at all the
t o w n s h a v e b e e n 28,521 bales fe w th an th e s a m e w e e k last
y e a r a n d s in ce S e p te m b e r 1 t h e y a r e 83,973 b a le s fee* th an
f o r th e sa m e tim e in 1892,

28,036
10.548

3.411
5,073

32,5221 23.698

The foregoing shows that the week’s net overland movement
this year has been 13,873 bales, against 23,698 bales for the
week in 1892, and that for the season to date the aggregate net
overland exhibits a decrease from a year ago of 29,418 bales.
I n S ig h t a n d S p i n n e r b ’
ta k in g s.

JNSTSt
r

Sine*
Sept. 1,

2.1.093
8.850
9301
937
3,347:

1893.

?*

W eek .

Week.

S in c e
Sept. 1 .

1892.
, | S in e*
W e r!i- S ep t. 1 .

R e c e ip t * a t p o r t a t o O c t 1 3 .......... 2 6 4 ,5 9 8
N et o v e r l a n d t o O c t 1 3 ....................
1 3 ,* 7 3
S o u th e r n c o n s u m p t i o n t o O o t 13. 17,1)00

8 3 0 .2 1 2 2 5 9 ,1 2 8
9 2 .5 2 2 2 3 .6981
0 5 ,0 0 0 1 5 , 0 0 6

T o t a l m a r k e t e d .............................. 2 9 5 ,4 7 i
I n t e r io r s t o c k s i n e x o e M . ................ 3 1 ,7 0 1

9 5 7 .7 3 4 2 9 7 ,8 2 8 1 .0 0 5 .1 C 0
9 7 ,2 3 6
1 1 2 ,5 5 7 3 9 ,6 3 7

8 5 7 ,2 2 0 .
6 1 .9 4 0
8 0 ,0 0 0

C a m e i n t o B igh t d u r i n g w e e k . 3 2 7 ,2 3 2
3 3 7 ,4 6 3
...............
.......... 1 ,1 0 2 ,3 0 8
1 ,0 7 0 * 2 8 1
T o t a l i n s i g h t O c t 1 3 ................
N o r t h ’ n s p i n n e r s t a k ’ g s t o O c t , 13

.......i

9 8 .1 8 2

......

16 1 .5 3 G

It will be seen by the above that there has come Into sight
during the week 327,232 bales, against 387,463 bales for the
same week of 1832, and that the decrease in amount in B>ght
to-night as compared with last year Is 83,105 bales.

614

THE CHRONICLE.

W e a t h e r R e p o r t s b y T e l e g r a p h . — Our advices by tele­
graph this evening indicate that the weather has been favor­
able in almost all sections of the South during the week, and
that picking and market ng have made good progress.
Galveston, Texas.— There has been one shower during the
•week, the precipitation being fifty-eight hundredths of an
inch. The thermometer has ranged from 62 to 61, aver­
aging 73.
Palestine, Texas,— D ry weather has prevailed all the week.
Average thermometer 69, highest 90, lowest 48.
Huntsville, Texas.— It has been showery on one day during
the week, with rainfall to the extent of thirty hundredths of
an inch. The thermometer has averaged 71, the highest being
90 and the lowest 52.
Dallas, Texas.— W e have had no rain the past week.
The
thermometer has averaged 69, ranging from 44 to 94.
San Antonio, Texas.— The weather has been dry all the
■week. The thermometer has ranged from 52 to 92, averag­
in g 72.
Luting, Texas.— W e ha^e had no rain during the past week.
Average thermometer 70, highest 90, lowest 50.
Columbia, Texas.— There has been one shower during the
•week, the rainfall reaching fifty-eight hundredths of an inch.
The thermometer has averaged 71, the highest being 88 and
the lowest 54.
Cuero, Texas.— There has been no rain during the week.
The thermometer has averaged 75, ranging from 58 to 92.
Brenham, Texas.— It has been showery on one day of the
past week, the precipitation reaching eighteen hundredths of
an inch. The thermometer has ranged from 54 to 92, aver­
aging 7$.
Belton, Texas.— W e have had no rain during the week.
Average thermometer 65. highest 98 lowest 42.
P ort Worth, Texas.— Dry weather has prevailed all the
■week. The thermometer has averaged 68, the highest being
93 and the lowest 44.
Weatherford, Texas.— There has been no rain during the
■week. The thermometer has averaged 68, ranging from 44
to 92.
New Orleans, Louisiana.— There has been rain on one day
during the week, the rainfall reaching twenty hundredths of
an inch. The thermometer has averaged 74.
Shreveport, Louisiana.— It has rained on one day of the
week, the' precipitation reaching fifty-six hundredths of an
inch. The thermometer has ranged from 52 to 87, averaging
68.
Columbus, Mississippi.— The weather has been very favor­
able for crop gathering. W e have had no rain all the week.
The thermometer has averaged 81, ranging from 52 to 92.
Leland, Mississippi.— Telegram not received.
Meridian, Mississippi.— The weather has been pleasant until
to-day. The thermometer is lower now and frost is looked for
to-night.
Little Rock, Arkansas.— The weather has been cool and
pleasant the past week, with rain on one day of the week, the
precipitation reaching seventy-three hundredths of an inch.
The thermometer has averaged 65, the highest being 85 and
the lowest 47.
Helena. Arkansas—Picking is going on but not much cotton
is coming in. Indications become stronger as time passes that
the crop is short. Rain has fallen on one day of the week, the
precipitation reaching fifteen hundredths of an inch. The
thermometer has averaged 64. ranging from 48 to 84.
Memphis, Tennessee.— Picking continues to make good
progress. It has rained on two days of the week, the precip­
itation being thirty-two hundredths of an inch. The ther­
mometer has ranged from 48 to 86, averaging 66'2.
Nashville, Tennessee.— Telegram not received.
Mobile, Alabama.— Telegram not received.
Montgomery, Alabama.— Picking is going on without inter­
ruption. It has rained on one day of theweek to the extent of
seventeen hundredths of an inch, and the balance of the
week has been clear, but the weather has been colder since
this morning. The thermometer has averaged 70, ranging
from 53 to 82.
Selma, Alabama.— Receipts are very fair, but there seems
to be unwillingness on the part of planters to market cotton.
There has been no rain during the past week. The ther­
mometer has averaged 66, ranging from 50 to 81.
Madison, Plorida.— Telegram not received.
Columbus, Georgia.— The weather has been very fine for
crop gathering all the week, no rain having fallen. ” The ther­
mometer has averaged 70'6, •the highest being 81 and the
lowest 60.
Savannah, Georgia.— W e have had rain on one day of the
week, the precipitation reaching one inch and fifty-one hun­
dredths. The thermometer has averaged 71, ranging from 61
to 85.
Augusta, Georgia.— Reports from the crops continue un­
favorable. Picking is approaching completion, and will be
nearly if not quite done by the first of November. Indica­
tions point to a considerable falling oll in the yield compared
with last year. The weather has been clear and favorable
most of the week, the rainfall having been only twenty-one

[VOL. LY1I.

hundredths of an inch, on two days. The thermometer has
ranged from 58 to 87, averaging 71.
Charleston, South Carolina.— Rain has fallen on one day of
the week, to the extent of one inch and eighty hundredths.
Average thermometer 72, highest 83, lowest 62.
Stateburg, South Carolina.— Picking and marketing are
progressing rapidly. There has been no rain during the week.
The thermometer has averaged 69 4, the highest being 81 and
the lowest 57.
Wilson, North Carolina.—The weather has been fine all the
week. The thermometer has averaged 69, ranging from 52
to 80.
Norfolk, Virginia.— W in d and rain storm now prevailing.
The following statement we have -.Iso received by telegraph,
showing the height of the rivers at the points named at
3 o’clock October 12, 1893, and October 13, 1892.
Oct. 12, ’ 93.

Oct. 13, ’92.

Feet.
3-7
3-3
1*4
50
3*8

Feet.
4 0
3 0
04
1 '8
20

New O r le a n s ... — Above low-water mark.
M em phis............. ___ Above low-water mark.
Nashville.............
Shreveport.........
Vick shu r g ........... ___ Above low-water mark.

I ndia Cotton Movement from all ports .—The receipts
and shipments of cotton at Bombay have been as follow* for
the week and year, bringing the figures down to October 12.
BOM BAY HEGEIFT8 AND SHIPMENTS FO B FO U B TE A K S.

Shipments since Sept. 1.

Shipments this week.

Great
Tear Great OontiBrit’n. nent. Total. Britain

Oontinent.

2 .000
1,000
1,000
3 ,000

25.0 0 0
23,000
20.0 0 0
10,000

1893
1892
1891
1890

5,000 6 ,000
9 ,000 10,000
3,000 3,000
1,000 1 .000

1,000
1,000
..........

Receipts.
This
Week.

Total.

Sines
Sept. 1 .

27,000 11,000
24,< 00 3 ,0 0 0
21.000 8 ,000
13,000 7 ,000

4 6 ,0 0 0
16,0 0 0
4 0 ,0 0 0
2 8 ,0 0 0

According to the foregoing Bombay appears to show
an increase compared with last year in the week’s receipts of
8,000 bales and a decrease in shipments of 4,000 bales, and
the shipments since Sept. 1 show an increase of 3,000 bales,
The movement at Calcutta, Madras, and other India ports for
the last reported week and since the 1st of September, for two
years, has been as follows. “ Other ports” cover Ceylon,
Tuticorin, Kurrachee and Coconada.
Shipments since Sept. 1.

Shipments for the week.
Conti­
nent.

Great
Britain.

Great
Britain.

Total.

Oonti7ie7it.

Total.

Calcutta—
1893
1 8 9 2 ..........
Madras—
1893 .
1 8 9 2 .........
All others—
1 8 9 3 ..........
1 8 9 2 .........

1 ,000

1,000

1 ,000
1,000

1,000
1 ,000

2 ,000
2 ,0 0 0

1 ,000
2 ,0 0 0

1,000
2 ,600

5.000
7 .000

2 ,000
2 ,0 0 0

7 .0 0 0
9 .0 0 0

2 ,000
1 ,000

2 ,0 0 0
3 ,0 0 0

4 ,000
4 ,000

8.000
7 ,0 0 0

8 ,000
8 ,000

1 6 ,0 0 0
1 5 ,0 0 0

Total all—
1S 9 3 .........
1 « 9 2 ..........

3 ,0 0 0
4,000

2 ,000
3.000

5 ,000
7 ,0 0 0

14,000
15,000

11,0 0 0
11,000

2 5 ,0 0 0
2 6 ,0 0 0

The above totals for the week show that the movement from
the ports other than Bombay is 2,000 bales less than the same
week last year. For the whole of India, therefore, the total
shipments since September 1, 1893, and for the corresponding
periods of the two previous years, are as follows:
EXPOKTS TO EUROPE FROM A L L IN D IA .

1 8 92.

1893.
Shipments
<3 a ll Europe
fro m —

This
week.

Since
Sept. 1.

This
week.

1891.

Since
Sept. 1.

This
week.

Sines
Sept. 1.

Bombay............
Allotherports.

6,000
5 ,000

27.0 0 0
25.0 0 0

10.0 0 0
7 ,000

24.0 0 0
26.0 0 0

3,00D
3 ,000

2 1 ,0 0 0
3 5 ,0 0 0

T otal...........

11,0 0 0

5 2 ,0 0 0

17,000

50.0 0 0

6 ,000

5 6 .0 0 0

A lexandria Receipts and Shipments.— Through arrange­
ments we have made with Messrs. Davies, Benacbi & Co., of
Liverpool and Alexandria, we now receive a weekly cable of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipments for the past week and for the
corresponding week of the previous two years.
Alexandria, Egypt,
October 11.
SeoelptB (oantars*)___
This week___
Since Sept. 1 .

1893.
80.000
1 31,000
This
Si7ice
week. Sept. 1.

Exports (bales)—
To L iverp ool.............
To Continent..............

4,000

T otal Europe.......... 4 ,000
A oantar Is 98 Donnds.

1892.
250 .0 0 0
6 06.000
This
Si7ice
week. Sept. 1.

1891.
2 0 0 ,0 0 0
599 .0 0 0
This
Since
week. Sept- 1 .

9 ,0 0 0 13,000
6,000
15,000

36.000
17.000

8,000
3,000

37,0 0 0
9 ,000

24.0 0 0 19,000

53,000 11,000

46,0 0 0

This statement shows that the receipts for the week endiDg
Oct. 11 were 80,000 cantars and the shipments to all Europe.
4,000 bales.
Manchester Market .—Our report received by cable to-night
from Manchester states that the market continues firm for
both yarns and sheetings.
Production is being curtailed
owing to advancing prices for fuel. W e give the prices for
to-day below and leave those for previous weeks of this_and
last year for comparison:
,______

fHE CHRONICLE.

October 14, 1893.]
1S93.

32# Cop.
a.

a. a. d.

Sep. S 6-a S7H
“ 15 ri15 * 7H
** 22 7% ®7%
®75,
“ 29
Oct. 6 7*j S7\
•< 13 7he, 07'H

1892.

C o t t o n M a n u f a c t u r i n g in J a p a n .— Through the kindness
Ootf* of the Tokio Statistical Society, we have obtained this week a
Mid
Shirtings,
statement showing the course of cotton-manufacturing in
Vpld
Japan during the year ended December 31, 1893, W e had
a, a. ». d. s. d.
a.
d.
d.
ii, jl3 l636Vs -I S % 3 6 3
5
4
previously obtained figures for 1591 and 1899, and they are
C
4
-1 9 3 6 4
*•% 5 ”, 3 7
1
10
®
6
5
7
6s
a
®7q
f!*i» fi3g 3 7 % 4 11 3 6 B 4*18 given below for comparison:
4 >4
7
-fa
Cotton
Tarn
7
4=*! 8% ®T% 5 0 ,-36 7
ih s
Xuinbcr Consumed. Produced. —To, Operatioes,—,
-Vo.
7% 41!,* 0% 3 7 % 5 O 3 6 7
4*8
Oott’n
Mid. 32* Oop.
Turist.
xrpids

BH lbs.
Shirtings.

Twist.

s.
5 3 »7
5 9 '37
5 10 3 7
510 37
5 10 37
5 10*337

8H lit.

arrangements
now completed we shall receive each Friday by telegraph
from the various ports the details of the Sea Island cotton
movement for the week. The subjoined statements, which
cover the period from Sept. 1 to Oct. 13, are entirely distinct
from the other tables in this cotton report, and are given solely
for the purpose of keeping a record o f the Sea Island crop.
W e first give the receipts for the week ending to-night and
since Sept. 1, 1893, and the stocks to-night, with comparative
figures for the corresponding periods of 1893.
S e a I s l a n d Cotton

M o v e m e n t .—Through

1893.

Slock.

1892.

Receipts to Oct. 13.

This
Since
This
week. Sept. 1. week. Sept. 1. 1893. 1S92.
i *
A
*
1,309
3,918
3,004
20,"
2 08
Charleston.......................
72
585
558
S2>i
Florida, <tc......... .............
ISO
210
400 1,414
80
390
!.S17

T ote!..........................

4**478

4 628

' Telegram But received.

The exports for the week ending this evening reach a total
of 898 hales, of which idtS bales were to Great Britain and
10 to France, and the amount forwarded to Northern mills
has been — bales. Below are the exports for the week and
since September 1 in 1893 and 1892.
.Exports
’f rom —

Week Rndm g Oct. 13. Since Sept. 1, 1893.

Xorlh'n Mitts.

ftreat
tleeat
UriCn. France Total. MriFn. fY n ce total.

einee.
Week Sept. 1.

SavaiiaalL .
Charleatou.
Kiond i .......
New Vork .
B osiori. . . . .
Baltimore .,

022

........

264

10

022

022
2,*4
......

*— *

615

022

stiter r783
95
150
*— *> . . . . . .

Ȥ *
150
......
1,056

T ota l........

880

10

80b

1.501

95

Total 1802,.

216

SO

248

260

3‘ -

30
50
1*20

80

Pounds,
Pounds.
Spindles.
344,563 100,277,292 81,403,753
74,960,775 64,082,316
49,637,367 42,771,586

T e a r - Mills.
1 8 9 2 ,... 35
1 3 9 1 .. . . 36
1 8 9 0 .... 30

Mate.
5,734

Female,
17,010

The foregoing figures include only such factories as are
equipped with foreign-made machinery. In addition thereto
there are a number of factories using machinery made in
Japan, and they produced 3,918,528 pounds o f yam in 1891,
Furthermore, the manufacture of yarn is still carried on.
largely by hand machines, but the statistics of production are
not obtainable. The results, as disclosed above, however,
show a rapid advance in the manufacture of cotton in Japar ;
but the chief point brought out is that the greater part of the
production is by foreign machinery. The capital invested in
1891 was 8,715,510 yen, or about $9,000,010,
We have been unable to obtain figures o f the yield of raw
cotton in Japan for 1892 but the production of 1391 w. s
828,795*38 peculs, or 109,839,334 pounds—equaling 219,079
bales of 500 lbs. each.
J u t e B u t t s , B a g g i n g , & c . —During the week under review
the market for jute bagging has witnessed a fair degree of
activity, and former quotations have been pretty well main­
tained.’ Prices to-night are -t1(o. for l 3., lbs., 5c. for 2 lbs.
and 5‘ jc. for standard grades. For large lots, however, a
concession of »^c. per yard can be obtained, prompt cash.
In jute butts there is no feature of importance, the market
ruling firm but quiet on the basis of lj&e. for piper grades
and !? ,0 1 & c . for bagging quality.
T ennessee AoRicux/rtTRAL R eport .—T he crop summary

.........

......

80

200

5S5

for Tennessee for the month of September issued by Gominiisioner of Agriculture T. F. P. Allison, is as follows:
General rains throughout moet o f t h e e it t <n counties, Septem ber 81 li
to litth, possibly did more (lamas-* than good la .-t.ituiukthc -Poole ami
causing boll* to sprout. This, cou p let with the protracted drouth,
eamte i a decline In e-m ditloo o f l i t par cen t as oompvrad with report o f August 2 0 , an 1 18*J per co a t below the report o f duly 20 last.

In explanation of the foregoing table, it is well to state that
we include each week only such cotton as is actually exported.
In other words, a large portion of the Sea Island cotton
D o m e s t ic E x p o r t s o f C o t t o n M a n u f a c t u r e s .— Through
shipped to foreign porta goes via New York, and some email th e courtesy of Mr. W, G. Ford, Chief of the Bureau t f
amounts via Boston and Baltimore. Instead of giving such Statistics, we have received this week a statement showing the
cotton in the exports for the week in which it leaves the exporta of domestic cotton manufactures for August and for
Southern outporte, we follow the same plan as in our regular th e eight months ended Aug. 31. 1893, with tike figures for the
table of exports of including it when actually shipped. The corresponding periods of the previous year, and give them
details of the shipments o f Sea Island cotton for the week will below:
be found under the head “ Shipping News," on a subsequent
page.
tuantuu.af Manufacture at Cot- Month mdlno Aug. M.j Smo».<n-«*o Amt.31.
T h * A o b i c c l t o u a l D e p a r t m e n t ' s R e p o r t r -o t O c t o b e r .—

The Agricultural Department's report on cotton for October 1

is given below:

That tie reader may have for comparison the condition,
according to the Agricultural Department, for October 1 of
previous year -, we give the following, collated from its reports;

No, Carolina-1
8o. Carolina :
Georgia .. . j
F lo rid a ____ \
Alabama

1

76
62
In
2-i
76
Mississippi.. - 7.1
Jbonlsiana...
71
Texas.......... j 6-5
A rk an sas,,
71
Tennessee .,
59

txvorUd to—

aited Kinlfdom

j

...ya rd # ;I

eottairiei In fcar ,'*o....

<?Mton shows a deetine o f 3*7 points front the September eonrtltion,
w hich was 73*4 as against 70*7 tor this mouth. The rmjflltimi o f cotton
la the month o f Jane was 85*8, tVcIlnitig to 8 2 -7 1 « July and to feu l in
August, losittg from that time to the present 0-7 points.
R -jw fte fr«.tu tie: newt fertile parts o f the cotton twit are fa r front
hopeful. The Texas cro p o f 1892 wwl '1893 was about 31 per retir o f
the entire crop o f the country and the O ctober report o f this U. p»rtme tito f 1398 showed a condition o f 7 7 per cent, a# against. B5 per cent
tor 1893.
The pwe*»t(Mw» o f Staten are:—YIrgCUa, 93; North Carolina, 76:
§00Wi Carolina, 82; Georgia, 78; Florida, S I; Alabama. 70; MhoSmiru.l,
r3; toalrtann. 7 t; Texas. (j.«; Arkansas. 71; Tmtti,-s?ee.su.
October condition la the State* <>f Virginia am! North Carolina fai
th e M ine as that o f September, wftf.Se T ex as has gained 2 points. Reports from the right remaining Staten Indicate d eclines to condition o f
frotti 1 to 10 point*. The State, a v e n g e * tor Septem ber w e r e : Vir­
ginia, 93; North Carolina, 7e; rimth Carolina, 03; Georgia, 77: Flor­
id*. 85; Alabama. 78; Mi«M»«ippi, 78; Unitehtaa, 81; T a n , 03; Ar­
kansas. 80. and Tennessee. 66.
The oaa*es o f the deteriorated condition are the same an those re­
ported in the Septem ber report. The weather conditions have not
b®*« favorable, while protracted and widely prevalent drought. <-xC«*siv*> motel are to som e places and the various Insect enemies „ t the
plant have all contributed toward prodnetog the low conditions. A
late and favorable autumn la the only hope o f Improvement. W eather
conditions are favorable to successful picking lo most parts.

States.

ton I colored a n -l untutored}

m !
8*
m i ■'Xi
m\
73
73,
6i
09
72
71
77!
74 75j

70
72
7H
74
70
74
7>»
7S
78
70

il
91 72
83 81
82 h7
81 H8-i 87
7.V 79
m
83
77 7n
»o B-i
83 82

ea
?
—•
81
75
70
Sfe
82
Hi
70
75
82
91

r$
—
4
78
7.1
77
70
76
77
7fe
75
It,
74

s ; %
m \m i
—4

75
7t
91 j
85
80
79
70
74
86:
90

A verage . 70 7 73-3 -75-7180*0 9t*» 78*9 76*3 70 3

77
79
87
*8
91
HO
77
78
70
74

1
74
80
7»
HI
74
70
77
62
85

78 74*7

.h N orth A m e r ic a . . . . . .
................ .
M a r t e n ...

Contra! AmariesD State* and
Brttlrt H.-.iidurn* ., ........

Cttka............................................
P uerto R i c o . ...............................

Argentine
Braail ....................................

United sta te r o f C o lo m b ia ...
)t.h e r c o s n t r ie * in « . A m e r ic a

m a s s i ^ a : iUsimimsfa
British Xnm» and Mmt India#
Other ommmern la Asia and
. .a .* ....-.........

ABto*......... ..... ......... ....

3tb«rcoootrie*..... ... . . . . . . .
Total yard* o f above..
Total f»ln «« o f above..
f aloe per yard.,.
.,.,
raiuts oj ether Manufacture* of
Cotton exported Jo—
t

United K in g d o m ..

iermany............
franc®..

K b s r co n n tr ie f in E urope.
Brltlab N orthi /America...
•*

Heatoo..

C a lm .... . . . . . . . . . . ____
P uerto R i c o . . . . ....... .

Santo D

......

Other W e st in d ie * .,.

S ! »
as I -jo
tH —«
69
»-7
00
82
67
07
69
0V:
71
70,

85
89
81*.
82
86
82
62
100
96
£4

08

8*

Argentine Eepa&lic..

BnutJ...
United States o f C o lo m b ia ..........

1ther countries in So. America ,
British possession-* ,n #»•**•*i»« j
>th®r countries in A sia
Oceanlca ...........
Africa........... .
>ther conntriea...

1093.

1^2.

M&395
m .t m
091003
af i m j m
m .iA j

15.415
154.041
45.1*31
471.817

M J.W
% m
2WsOto
04W 0

47^.773
50.498
4O.07t*
2 V J .W
501,242

I ,«W5,7I8
S ,7 n m s
10.028
221,075
10.715
615,620

h tm p m
210.232
J,238.070
u ,m
m i tm
m .m . \2i,m >
M32.7O0
12.521

ll.tra l.oa,
$0054

H 7 4 .r u
t-o m s

115,814
12,1m
1,000
U 70
105,0Tb
10,011

$14,058
12.207
150
1.1mr
385,514
0.120

0,»77
- 5.875
575
508
4.753
5.0 2
12,031
aM b
3.50-5
8,210

5,824
0.713
090
733
3.78*
5,080
11.145
J,5*X>
um
3.770

17.c 3 i
mi

18' f S
318

1803.
812.401

516.334

1802,
4.638,7fO

i . M

ibtmmri 622,731
8,410,101j 4,400,016
ms?il
m.m
1,521.4 40
»,*««.no
3.444,50*

11.5*0,510

IM W i

4,520.872
338.405

460323

042.050
6.570.633
2.087,818
9,72 1,152

n , m , 553 lt27l*7M
13,075.303 51,056.021
168,335
2,103,186-

M

3,250.689
8,846,971
5.725,600

m,&wMn ia4,5 ifl.261
10,452,00» ”f 7,394,750
10655
1*0594

8209.843
71,87*1
23,843

738,385

ioy.4rJ
50.0

44.%,
4,175
2.1!9
43.682:
46.0821
02.716

§88.102

,62,716
7,331
23.8L 0
771,0*8
91,174

39,501
49,427

4,373
3?’«01 .
22.983
51,442

2f4.HU

42.876

29,842

183,826
7,90S
0,023

125,025
5.325
11,7-3

m,

43,496

*211.500
*264,213 f 1,711.171 $1,005,785
*1.323.301 *1.03602' S3.164 032 18.960535

East I ndia Crop P rospects.—The following r e p o r t s on
the cotton crop in India were issued by the Government un­
der date of Calcutta, Sept. 5:

THE CHRONICLE

64(3

First General Memorandum— Indian Cotton Crop, 1893.—There was
copious rain in most parts of the country during the earlier portion
of the sowing season, and the area appears to be on the whole in e x ­
cess of that sown in 1892. In Madras the area was 12 5 .0 0 0 acres and
in the Punjab 630 ,0 0 0 acres, being 25 and 17 per cent, respectively,
more than the area recorded last year, while in the Central and North­
western Provinces it was approximately up to the average. In Bom­
bay and Berar it was under average; in Borar as much as 8 per cent,
owing to less favorable conditions of season. Generally speaking, the
rains have so far been favorable, and a fair to good out-turn is expeoted.
First Cotton Forecast— Central Provinces, 1 8 9 3 .—Timely and moderate
rainfall over the cotton area afforded favorable opjrortunities for
ploughing and sowing operations. Germination has been satisfactory.
A long break in July facilitated weeding operations and heavy rain
in the last fortnight has dispelled fears which previously existed as to
the crops withering
Prospects are very favorable except in Sambalpur and Bilaspur,
where the rain has been somewhattoo heavy and continuous.
First Cotton Forecast—N . W. P. and Ottdh, 1893.—The season at its
commencement was favorable to the sowing of the cotton crop, but
from the Zamindar s reports it does not appear that the area under
this crop is much, if any, larger than last year. Germination is
reported to have been fair, but weeding was impeded by heavy ram in
m ost districts in the early part of July. This relates to condition up
o the 10th of August.

(V o l. L v n .
Total bales.
99
150

P h i l a d e l p h i a — To Liverpool, per steamer O h io, 9 9 . . . . . . . . . . . . .

To Antwerp, per steamer Pennsylvania, 1 5 0 ................... ..

Total.............................................................................................................. 9 1 ,5 5 0

The particulars of these shipments, arranged in our usurl
form, are as follows:
Bull,
London
Bremen Other
Liver- <t Glas<t Bam- North South
Yarpclol. gout. Havre, burg. Europe.E trope mouth. Tola'.
New York. 735 2 ,7 2 7
510
655 1,604 3 ,0 8 9 .............
9 ,3 2 0
N. Orleans.11.239 ............ 16,6 4 3 1 .042
350
2 9 ,2 7 4
Galveston. 6 ,909 ........................... 2,543 3 ,051 ............................ 12,5 0 3
Savannah............................................... 12,7 5 5
........ 9 ,522 .......... 2 2 ,2 7 7
1,600
Charleston............................................................ 1 ,600 ........ . ..........
Wilmingt’n ....................................... 8 ,9 0 0 .......................................
8 ,9 0 0
200
3 ,572
Boston........ 3 ,3 7 2 .....................................................................
Baltimore.. 1 ,9 5 7
1 .......... 1 ,897 .......................................
3 ,855
Philadel’a.
99 ..........................................
150
249
T o t a l .... 24,311

2 ,728 17.153 27,7 9 2

6,755 11,611

200

9 1 ,5 5 0

Below we add the clearances this week of vessels carrying
cotton from United States ports, bringing our data down to
the latest dates:

a n d F l u c t u a t i o n s , 1888-1893, b y L a t h ­
G alveston —To Liverpool -Oot. 6 -Steam ers Mortlake, 6 ,5 8 9 ; Sirona,
7 ,213 ...O o t. 7 —Steamer Avona. 6.68 3 .
& C o., N e w Y o r k . T w e n t i e t h A n n u a l
To H a v re -O o t. 1 3 -Steam ers Camrose, 6 ,7 3 8 ; Zoe, 5 ,9 5 6 .
E d i t i o n .— W e have been favored this week with a copy of this
To Hamburg—Oct. 7—Steamer Edenmore, 300.
very useful publication. The current edition, like the editions N e w O r l e a n s — To Liverpool—Oot. 9 -Steam er Jamaican, 6 ,4 5 0 ___
Oot. 1 0 —Steamers Heraclides. 1.75 0 ; Navigator. 4 ,1 0 0 ___ Oct. 11
—Steamer Mexican, 4 ,8 1 0 ___ Oot 12—Steamer Ramon de Larrlnwhich have preceded it, opens with a general review of the
aga, 5,361.
cotton market for the year 1893-93, and is followed by a letter
To Oporto—Oot. 1 0 -B a r k Glames. 300.
To B a rcelon a -O ct. 1 2 -S te a m e r Miguel Callart, 7 ,6 2 6 .
from Mr. Thomas Ellison on the cotton industry in Europe,
S a v a n n a h — t’o Liverpool—Oet. 7 -S team er Waatwater, 7 ,168 upland
being a review of the past season with remarks on the pros­
and 622 Sea Island.
Barcelona - Oct. 12—Steamer Miguei M. Pinillos, 7 ,300.
pects for 1893-94. Next in order is the decision of the Supreme C h aTo
r l e s t o n — To Liverpool - Oet. 13— Steamer Dartmoor, 8 ,1 2 1 .
To B re m e n -O c t. 9 -8 te a m e r Glenwood. 5,500.
Court of the United States, rendered in October, 1893, estab­
B o s t o n — To LIverpool- Oct. 6 —Steamers Roman, 749: 8cythia, 1 ,018.
lishing the legality of cotton contracts for future delivery, B a l t i m o r e —To Liverpool - Oet. 2 - 8teamer Franclsca, 2,736.
Bremeu -O o t 11—Steamer Weimar. 4,773.
also remarks explanatory of contracts for future delivery, P h iTo
l a d e l p h i a —T o Liverpool-O ot. 1 0 —Steamer British Prince, 5 0 .
with the form of contract in use on the New York Cotton
Below we give all news received to date of disasters to
Exchange. Am ong other interesting matter contained in the vessels carrying cotton from United States ports,&c.:
book are tables of figures of receipts, prices, &c., all brought G l e n l o i g , steamer (Br.), at Charleston, for LtverpooL—Fire broke
out night ot Oot. 10 on the steamer Glenloig, wicli 9 ,0 0 0 bales of
down to the latest dates. To sum it all up, the volume con­
cotton, ready to sail for Liverpool. The tire was oontlned to 1 0 5
bales stowed in the forecastle, whioli were partially damaged.
tains a mass of information of much value to any one inter­
M e m n o n , steamer (Br.), at Galveston, for Liverpool.— A tire broke out
ested in cotton.
_
on Oct. 1 0 In the cotton stored in the third hold of steamer

C otton Mo vem en t

am

, A

lexander

T h e F o l l o w in g

are

the

C r o ss R e c e ip t s

op

C o t t o n at

Mew York, Boston, Philadelphia and B altim ore for the past
week, and since September 1, 1893.
new

York.

This
Since
week. S ep t.l.
N. Orleans.
Texas.......
Savannah.
Mobile —
Florida......
Bo.Carol’a.
No.Carol’a.
Virginia...
Nortbn pts
Tenn., &o..
Foreign....

8,420
4,247
7,421

30,171
16,498
26.495

80
870

520
7,314
505
4,150

1,724
23

This year 22,790
Last year..

32,745

Bo s t o n .
This
Since
■week. Sept. 1.

.....
2,231
.....
.....

8,598

495
405

1,003
240
25
635

1,603
5,115
651
685

80.608

4,834

189.030

9,421

Ph il a d e l p h ’a

B alt im o r e

Since
This
n ii
week. Sept. 1 - week.

.......
..... .....
97
.......

Memnon, while on her w ay to the outside anohorave. She was
Immediately' put about and came back to her wharf, where the
Are was extinguished. Damage cannot be ascertained until the
cotton in the hold is discharged. She has about 7 ,0 0 0 bales on
board.

Cotton freights the past week have been as follows:

Since
Sept. i.

1,910

10,309

1,397
3,759

2,539
........
1,155

5,603

208
384

16,652

652

5,253

5,504

19,320

23,800

1.130

3,291

5,207

13,035

3,117

S h i p p i n g N e w s . — The exports of cotton from the United
States the past week, as per latest mail returns, have reached
91,550 bales. So far as the Southern ports are concerne ', these
are the same exports reported by telegraph and published in
the C h r o n i c l e last Friday. W ith regard to New York we
include the manifests of all vessels cleared up to Thursday.
Total balet.
Y o r k —T o Liverpool, per steamer Runic, 571 upland and
164 Sea Island.......................................................................... ...........
735
To H ull, per steamer Francisco, 2 ,6 2 7 ..........................................
2,627
To Glasgow, per steamer State of Nebraska, 100 Sea Island
100
To H *vre, per steamers Brema, 4 0 0 ___ L a Bretagne, 100
upltnd and 10 Sea Island................................................................
510
To Bremen, per steamer Saale, 2 5 0 ................................................
250
To Hamburg, per steamer Rugia. 4 0 5 ............. .............................
405
To Antwerp, per steamers Noordland, 8 7 6 ...W a e sla n d , 647
1,523
To Copenhagen, per steamer rbingvalla, 8 1 ..............................
81
To Opoito, per steamer eeconio, 1 ,0 0 0 .........................................
1,000
To Genoa, per steamers Muncken, 600 . . Pocasset, 1 ,0 0 0 ..
1,600
To Naples, per steamer Munohen, 4 8 9 ...........................................
489
N e w O rleans —'To Liverpool, per steamers Eric, 1 .3 2 1 ........
.M
Nicaraguan, 4 ,518 ...O rion , 5 ,4 0 0 ..............................
11,239
To Havre, per steamers Corsica, 6 ,6 1 0 ...C ounsellor, 4 ,683
Queensland, 5 ,3 5 0 ............................................................................ 16,643
To Hamburg, per steamer Clieruskia, 1 ,0 4 2 ................................
1,042
To Antwerp, per steamer Corsioa, 3 5 0 ..........................................
350
G alvesto n —To Liverpool, per steamer Parklteld, 6,9 0 9 .............
6,909
To Bremen, per steamer Tronto, 2,543. .......................................
2,543
To St. Petersburg, per steamer Ametliyst, 3,051 .....................
3,051
Sa v a n n a h — To Bremen, per steamers Cralgmore, 5 ,4 4 0 ........
Inehdnue. 7 ,3 1 5 ...........................
12,755
To Barcelona,per steamers Abeona, 3 ,3 0 0 . ..D anish Prince,
m 1 .2 5 0 .............................................................
4 ,550
To Genoa, per steamers Abeona, 2 ,4 5 0 ___ Danish Prince,
2 ,5 2 2 ......................................................
4 .9 7 2
Char leston —To Uddevalle, per bark Urania. 1 .6 0 0 .....................
1,600
8 ,900
W ilm ington —To Bremen, per steamer Swaiuby, 8 ,900 ...............
B oston —To Liverpool, per steamers Palestine, 183 ...P a v o n la ,
761 upland and 100 Sea Island___ Philadelphian, 1 0 0 ____
Sagamore, 2,228 ....................................
3,372
To Yarmouth, per steamer Bos on, 200 .......................................
200
B a lt im o r e —To Liverpool, per steamers Alicia, 1 ,3 0 4 ___ Balti­
more, 5 0 0 ___ Parkmore, 1 5 3 _________
1,957
T o London, per steamer Maine, 1 ....................................................
1
To Bremen, per steamer Roland, 1 ,8 9 7 ........................ ................
1 ,897

Satur.

Tuts.

Mon.

Wed.net. T h u n .

Fri.

Liverpool, steam.d
*8
9ei
®S4
904
9S1
®I31
....
Do
later..c/..
....
....
....
....
....
.
.
.
.
.
.
.
.
....
....
Havre, reg. line.d.
31S
316
.
.
.
.
.
.
.
.
.
.
.
.
.. . .
....
....
Do outside str.d.
Bremen, ste am ..d.
“32
“32
B32
“ 32
632
“32
—
___
....
....
Do
la t e r ... d.
....
....
Hamburg, steamd.
®84
964
®81
9ei
9ei
9ei
Do
later., d.
B32
B32
B32
“32
“32
5S2
35*
35*
35*
35*
Ams’dam, steam.c.
30*
35*
40*
40*
40*
40*
40*
Do
la ter., c. 35 » 40*
• 932
Reval, steam ___ d.
932
932
932
1761
9S2
932
Do
later........d.
932
932
932
932
932
B’lona, d ir e c t...d.
3ie
316
318
31S
3IS
316
Genoa, s te a m ...d.
316
S18
316
31S
S16
316
Trieste, v. HuU.-cJ.
932
932
®32
932
®32
>4
764®1 s
Antwerp, steam , d.
7«n a h !
78 4 » 1S 7 « d @ 1S
7<U
* Cents per 1 0 0 lbs.
L i v e r p o o l . — B y cable from liveroool we have the following

statement of the week’s sales, stocks, &o.. at that port:
Sept. 22.

Sept. 29

Oct. 6,

Oct. 13.

hew

70,0 0 0
81,0 0 0
Sales of the week............ bales.
4 ,000
3 ,000
Of which exporters took . . .
4 ,0 0 0
7 ,000
Of which speculators took ..
5 6 ,0 0 0
62,0 0 0
8 ales Am erican.............................
7 ,0 0 0
12,000
Actual export................................
7 1 ,0 0 0
62,0 0 0
Forwarded......................................
980 ,0 0 0
Total 8took—Estim ated............. 1 ,034,000
743 ,0 0 0
Of which American—Estim ’d 784 ,0 0 0
23,000
28,0 0 0
Total import of the w eek..........
19,000
12,000
Of which Am erican................
40.0 0 0
37,0 0 0
Amount afloat..............................
30,000
27,0 0 0
Of which Am erican.................
" Corrected by actual oount of September 30.

66,0 0 0
4 ,0 0 0
1,000
55,0 0 0
6 ,"0 0
64,000
*882,000
*691,000
12,000
7,000
52,000
42,000

60,0 0 0
1,000
1,000
5 0 ,0 0 0
6 ,000
5 7 ,0 0 0
8 46,000
66 0 ,0 0 0
27,0 0 0
20,0 0 0
100 ,0 0 0
9 0 ,0 0 0

The tone of the Liverpool market for spots and futures each
day of the week ending Oct. 13, and the daily closing prices
of spot cotton, have been as follows:
Spot.
Market, {
1:45 p. m . $
Mid.Upl’ ds.
8 a le s ...........
Speo. & exp.

Saturday Monday. Tuetday.
Easier.
4=8
7 ,000
500

Wednet. Thurld'y. Frida*.

Good
buyers’ Moderate Harden’g. business
Firmer. In favor.*
demand. tendency. doing.
459
10,000
500

4 “s
7 ,000
500

4 916
10,0 0 0
1,500

4®8
1 2 ,0 0 0
1,000

41118
12,0 0 0
1,500

Futures.
Steady at Quiet at Steady a: Steady at Steady at
Market, j Steady at 1-04
2-04 de@2 -04 2-64 de- 2-04 3-04 2-04 ad1:45 P. M. $ vance.
cline.
vance.
decline.
oline.
advance.
Market, ?
4 P. M. V

Firm.

Quiet.

Steady.

Quiet.

Firm.

Quiet.

THE CHRONICLE.

Octobeb 14, 1898.]

6*7

The opening, highest. lowest and closing prices o f futures The sales yesterday included No. 3 mixed at 3 8 ?^ 33j^ c. and
at Liverpool for each day are given below. Prices are on No. 3 white at 85}<c. The market to-day was dull and prices
the basis of Uplands, Low Middling clause, unless otherwise eased off a trifle with wheat and corn. . The spot market was
quiet and easier. The sales included No. 3 mixed at 83 c . and
stated:
HP* The prices a n given in pence am t 64fA*. T h u s: 4 63 means No. 3 white at 83c.
4 63-64 d. and 5 01 means 5 1 S id .
N at.. O ct. 7.

October......
O ct.-N j*„..
Not.-Dcc...
Dec,*!an—
Jaa.-Feb....,
Feb,-McH...
Mch.-Aprll.
AprU-May..
Mar June..
Jane-July..

*■
433
4U
4. Ml
133
434
436
*39
4 41
4 4S
4 45

Low. Oloe. DUCT Biah Low.

1

Own

M en .. Oct. 9 .

4.

4.

433
m
4B2
iM
in
4 37
4 to
4 41
4 41
4M

4 38
4 31
4 31
4m
in
4 so
4 30
4 44
4 43

4

445

d. ! 4 .
4 33 AM
4 33 U rn
433; 4 3 3
4 33 4 34
433
4 38
437
438
439 4 40
4 41 4 42
4 4 4 ; 4 41
4 40 i 4 48

W e d ., O ct. 1 1 .

4,
4 34
4S3
4 S3
4 S3
‘ 30
438
4 40
4 43
4 45
4 47

f a e i „ O ct. 1 0 ,
Hicf, Low. 08m

H

d. r *
i U : 4 31
4*3; 430
433; 4 SO
4 34 i 4 31
4 3J; 4 m
4 3S;' 485
4 37
*42 i m
4 4 4 44 4
4 41
4 48 * M i 4 43
4.
4 33
432
432
433
4 35
4 37
4 39
441

.T b n r .., O ct. 1 3 .

d.
4 Si
4 30
4 SO
4 SI
4 83
4 35
4 37
4 39
.442
4 44

cL
i 31
4 30
130
4 31
1S3
4 S3
4 37
4 so
4 42
4 44

<L
4 31
430
430
4 31
132
435
4 37
430
441
4 13

F r ! „ O ct. 1 3 .

Qp&n Bieh Low. Clor. Ojwt Hi8/1 Low. OUu. Open High Low. Cic*
October,.,..
Ocl -Nov__
Nov-Dee...
Befe-Jan....
Jam-Fab....
feb-M ch...
Meh.-April.
April-May,.
May June...
Jane Jtt;y.

<«.
4 SI
m
m
4 31
432
4U
4m
4 m
4 41
4*3
4
4

4.
4 SI
430
4 30
tst
4 32
*33
437
*39
4 41
4 43

<4.
*31
4 30
430
4 80
433
Hi
AM
438
440
4 43

A
A
d.
4 3 i ; 437 4 AS
4 30 *3« 43*
430 435 435
4 31 4 m 4 37
4 32 I 1 37 4 38
4 34 ■ 439 440
430 4 41 4 42
4 m i 4 13 4 44
4 41 | 4 45 4 40
4 m l 4 47 1*48

it.
A
4 38 1 4 58
430 4 37
4 38 4 37
4 37 *37
438 *30
4 40 : * 40
4 *2 . 4 U
4 43 *44 4 44
4 45 4 48 1 4 l«
4*7 448! 4 48

A
4 37
*38
*38
4M
4 37
438
4 41

d.
4SS
4 87
437
4m
4.39

4 41
*43
4 45
4 47
4 49

d.
4 SC
435
435
*35
4 38
438
4 40
4 42
441
4 48

d.
4 36
4 38
4 38
438
4 37
439
4U
4 43
* IS
4 47

8 R E A D S T U F P S .
F r i d a y , October 13, 1893.
Business in the market for wheat dour during the past week
has been dull and spring patents have declined in sympathy
with the weakness in wheat, but for low grades prices have
held fairly steady, owing to limited supplies. Bye dour has
sold slowly but prices are quoted nominally steady: Corn-meal
has met with a light trade, but values are without change and
fairly steady. Buckwheat dour has been in abundant supply
and with a small trade prices have declined. To-day the mar­
ket for wheat floor was dull and weak.
The speculative dealings in the market for wheat futures
have continued light and prices have farther declined under
free offering#, prompted by favorable weather West for the
next crop, liberal crop movement, small clearances and dull
and weaker foreign advices. In the spot market there has been
a slight improvement to the export demand at declining prices.
The gales yesterday included No. 3 red winter at 8i|c. under
December f. o. b. afloat, No, 3 bard winter at Sc. under De­
cember delivered, and No. 1 hard at 1*,c . over December de­
livered, to arrrive. To-day the market further declined under
selling by disappointed longs, prompted by the failure of the
Senate to take action upon the silver bill. The spot market
was moderately active and steady. The sales included No. 3
hard winter at 4c, under Decamber delivered and No. 3 red
winter at 3c, under December delivered.
» ‘ « i r a u m v a m a t t o r no. a

gat.
October delivery...,____
.0. 70%
November delivery........e. . . . .
.e. 73%
.Co 80%

Mon.
69%
71%
72%
797a

bed

w nm r*

Tue$.
69%
7u7,
72%
79%

w h « at.

Wed.
69%
70%
71%
79

TAuri.
69
70
71%
78%

V -'
07%
69
70%
77%

In the market for Indian corn futures the market has been
quiet and somewhat unsettled. Immediately after our last
prices made fractional declines under increased crop
estimates, larger receipts at the West and weaker foreign
advices: then came a rally on •‘bulling” by the West, stimu­
lated by expectations of a “ bullish'* Government report and a
decrease in the crop movement, but later realizing sales by
“ longs" caused a reaction. There has been a moderate trade
in the spot market for export at a shade lower prices. The
sales yesterday included No. 2 mixed at 47^(1*48^0. de­
livered. To-day the market was dull and a trifle weaker in
sympathy with the decline in wheat. The spot market waa
firmer on light supplies, but trade was quiet. The rales in­
cluded No. 3 mixed at 47J£c, in elevator and 48@ 4fB-.je. denvered,
d a u .t

cbostvo ra te ** o r no. s

c.
December d elivery.. I.'n©..
May delivery.,............... .

Sal.
*7%
47%
4
3
48
449%
3

Mon.
17%
47%
17%
49

w ix b d c o u p .

S'

Turi.
48%
49%

Wed.
46%
47
47%
40%

Thun.
47%
47%
47%
49%

m .
47%
47
47%
49

Oats for future delivery have been q u ie t an d prices h a v e

DAILY CLOSING PRICES OP 5 0 . 2 MIXED OATS,
Hon.
Sat.
Tuts,
Wed.
T hun,
33%
33%
33%
33%
33%
'......... 0. 3 4 %
33%
33%
33%.
33%
34%
34
34%
34
34%
334
4
33%
December delivery ....... e, 34%
33%
. — ..Cl 36%
36%
363a
36%
36%
May delivery..................c.
36%
36%
36%
36%
36%

rr i‘

32%
32%
33%
35%

Rye has been in slow demand, but prices were quoted nom­
inally unchanged.
Latest quotations are as follows.
FLODB,

bbl. 75'®$2 15
1359 2 35
2 00* 2 50
•sxtra.No. 2 . . . . . .
2
20® 2 75
Sxtra, No. 1 ............
2 309 3 00
Jlears........................ .
Straights .................
3 00® 3 70
latent, sprint;.------3 85® 1 20

m e .......

5ap er«nsi

9

Patent, w inter.. . . . . . $3 5 0 « ? 3 70
City mills extra*........ 3 3 5 9 . . . .
Rye flour, etinerflne.. 2 S 0 * 3 20
Buckwheat flour........ 2 1 0 9 2 25
Corn meal—
Western, A e — . . . . 2 6 5 * 3 00

Brandywine............
2 85
[ Wheat flour in sacks sells at prices below those for barrels.1
GBAIN.
e.
e.
C om , per bush.—
0.
e.
ffb e a t 63
« 73
West'n m ixe d .......... 4 7 * .49
aprlng, oerbnah.
Bed winter No 2
68% »
69 % No 2 mixed ........... 48 • 49
Bed winter.........
5 7 9 59
Western y e llo w ............ «
W ill W
‘ AX/
White
6 0 ur ®v *6r 9
Western white.____ 4 9
« 51
Oats—M ix ed ..¥ b a . 38% ® 34%
White...................... 34% 9 39
W estern,per bush.
5 4 » 56
No. 2 m ixed.......... 33 ® 34
State and Jereev..
50 a 55
No. 2 w h it e . ........... 35 9 30
Barley—N'o.2'V<;st'n. ..
ts . .
State •-•-rowed............... a
..
..
State 6-rowed............... a

.U iR ic cL T ritA i, D e p a r t m e n t R e p o r t . — T h e Agricultural
Department's report on the cereal crops was issued on October
10, and is given below.
- - •■
:
.c of -in. iscparim ant o f Agriculture
make the general condition o f corn 75-1. against 78:7 for l is t month
and 79-8 for O ctober. 1892. This falling off is the result o f the drought
which prevailed since June and wa« not broken in the corn belt until
the latter end o f September. The drought was m ost severe l i t h e
princljj.il corn-producing State*
T he averages o f the condition In
these State* are. » , follow *: Ohio, 70; Indiana. 61; Illinois, 66; Iowa,
93; Mi.eoitri, SO: Kansas, 64, and Nebraska. 95.

Return* « f yield per acre o f whea t Indicate a production o f about

11-3 bndM')*, being 1-7 bnslo-U !e«* than la*t October estimate.

The

rate o f yield In. S ew York 1- 14-3 bushels; Pennsylvania, 14: Ohio. 15;
Mh-h 1 i:-: 1 0 : 1 : 0 , . ; ; - . . .
V .',. ■:
I 3'3: Mi-m—ota,
9*1: lo o 1 . 11
Mi—oitri, P 5; K c w o , >-l; Nebraska. 8'7; South S *
kota. S'(j: North Dakota. 9-6; California. 11 2.
Ttehkn»>-*t rate o f yield t* in the New England. jR.-t.-dorn. ox (r o u e W est­
ern, and Monutatn state.*, and low est in tlm Central. West and Southern
Stale*. The small yield 1* the result o f the drought during the fall,
which caused p oor germiaaUou and growth, the severe winter follow ­
ing e»u*tn* considerable winter kilting. The low condition In many
States Is the result o f the dry spring. The yield would have been much
to** had not mat'd o f the worthless wheat been ploughed up an d the
groami pul In other grains.
Qualify lu the Eastern. Southern and. Pacific States la up to an aver­
age, while la the state* fr -m which the com m ercial supplies arc ob­
tained It 1 * below an average. The state* reporting the low est averages
•vs to quality are: Kentucky. stt; U iinot-,80; W isconsin, 85; Iowa,
**: Missouri, 73: Kaunas. 75: Nebraska, 84.
Average yield o f o s '* a* consolidated Is 23-5 bushel.-, against 24-3
hut year. The last report o f condition was ?4f>. against 78m the same
month last scar. The average o f the estim ated State yields o f rye is
13-3,against 12-7 last year.
The average yield o f barley is 21-7. against 23 “ last year.
condition o f bnckwhoat is 73 5, against 77-5 last month and 85-6
October 1. 1892.
The condition of potatoes 1* given as 71-2, a loss of only six-tenths o f
a point since last report.
Tobacco has Improved slightly o ver last m onth, being 74-1. against
72-3 last month.

The movement o f breadstuff.* to market is indicated in the
statement below, prepared by us from the figures of the New
York Produce Exchange.
We first give the receipts at
Western lake and river ports, arranged so as to present the
comparative movement for the week ending Oct. 7, 1893,
and since August 1, for each of the last three years:
flour.
Chtcaco ....
Milwaukee-.
Ottlath.......
MlnneapoH*.
Toledo..,..,,
Detroit........
Cleveland....
Bt-Loala...,
Peoria..........
KsaMwClty.

W8.O90
23,700
121,1-40

Tot.wic. m .
Same wk.'OT.
Same
State Atm. 1.
im z.......
1WW..........

m ass
3*0.723
*18,874

« « ..........

a.013
a«oo
S.«»)
21,545
8.000

IFJteU.

Own.

OaU.

Barley.

Bye.

ButhMlbt Bueh.Sh lb. BuehMlbe ButhMibt BuJSO lbs.
063.777 2,904.15* 2,732.283
880,103
38,810
4to 387
277,000
693.0O»
63.4C0
35,100
1.48S.74&
......
1388.180
118,700
271,300
12.700
10,100
......
301,707
1,305
......
28,200
87.785
30,000
12,000
2,000
55,000
6,000
559.300
81,890
5,800
•228,155
327,100
21.000
188,200
473,000
3,000
3S.0S0
348,885
40,780
fl.l39.Os7 3,944,43*
9.115,808 4,302.100
0,819,7651
771,881

3,815,925
3,071,25o
SS.iM2.ai7

8,210.707 *1.569,956 33,835.581 32,812,019
8.437,538 77,466,726 26,950,597 29,421,287
2,325,520 67,689,373 24.270,603 20,557,778

1,385.808
1,721,808
1,185,030

112,910
332,019
505,030

3,869.147 838.594
4,752,802 2,597,77*
6,407,909 7,930,30*

The receipts of flour and grain at the seaboard porta for the
week ended Oct. 7,1893, follow:
Flour,
At—
bble.
New Y ork ...159,337

Wheat,
bush.
933,250

89,614

3 1 ,6 9 7

M ontreal. . . . 24.126
Philadelphia. 59.259
Baltimore... . 108.709
R ich m on d ... 4,799
New Orleans. 23,843

175.917
51,767
177,763
34.366
152.900

Boston...........

O om ,
Oats,
Barley,
bush.
bush.
bush.
6 ,2 0 0
663,500 1,333,950
1.865
387,368 ____
109,673_
103,866 101,043
2-18,012 ----------76,939
4,800
169,272
.........
243,626 125,542
17,844
......
25.286
51,407
21,811
.........

gradually given way, due to the favorable Government re­
port and in sympathy with the decline in wheat. Business
Tot. w e e k ..489.687 1,557,550 1.787,071 1,789,427 116 908
m the spot market has been quiet and prices have declined. Week 1892..485,463 3,157,853 1,193,717 1.347,435 82,511

&

.

!;? 8 o

13,958
700
17,438
62,3-11

THE CHRONICLE.

648

Below are the rail shipments of flour and grain from
Western lake and river ports for four years:
1893.
'Week
Oct. 7.
433 ,9 2 7

1892.
Week
Oct. 8.
459 ,0 7 3

1891.
Week
Oct. 10.
290,011

1890.
Week
Oct. 11.
2 34,443

W h e a t......... ___busk. 2 ,493,653
Corn.............
Oats.............. ................ 1,3 7 8 ,3 9 8
Barley_____ ................. 243 ,7 9 4
20,817
B y e ____ . . . . .................

8 47,927
5 2 2 .9 5 3
1,636,G98
373 ,8 7 2
105,523

1,3 1 0 ,9 9 5
368,638
1,4 8 3 ,2 2 5
3 12,775
139 ,1 5 7

586 ,1 9 0
4 7 9 ,9 2 0
1 ,7 21,273
273 ,8 6 9
8 3 ,8 5 8

T o ta l... ................. 4 ,7 0 3 .9 9 7

3,4 8 0 ,9 7 3

3,6 1 4 ,7 9 0

3,1 5 0 ,1 1 0

Flour............ ___ bbis.

The exports from the several seaboard ports for the week
ending Oct. 7,1893, are shown in the annexed statement:
Exports
from—
ETewYork
B oston...
Montreal
Philiulel.
Paltim ’re
N . Orl’ns.
n . N ews.
Norfolk..
Portland.

Wheat.
Bush,
3 65,016
85,250
110,920
56,000
64,00t>
182,560

C om .

Flour.

Bush.
214,936
181.078
4 20,943
24,9 0 0
3 96,000
36

Oats.

BUs.
1 02,846
19,723
28,628
49,5 0 9
70,4 7 9
910

Bush.
216,871

Rye.

Peas.

45

27 2 ,0 9 5

5 68,419

45

40,425

3 28,945

2 77,069

66,922

62,2 2 7

The visible supply of grain, comprising the stocks in granary
at the principal points of accumulation at lake and seaboard
ports, Oct. 7, 1893:
Wheat,
bush.
In store at—
N ew York........... ,15 ,1 0 0 ,00 0
4 2 1 ,0 0 0
Do a f lo a t ....

Com ,
bush.
206 ,0 0 0
123 ,0 0 0
3 ,0 0 0
376^000
3 ,3 2 7 ,0 0 0

Oats,
bush.
1 ,0 0 6 ,0 0 0
11,0 0 0
4 5 ,0 0 0
2 3 4 ,0 0 0
9 7 1 ,0 0 0
25,0 0 0

187 ,0 0 0
12,000

3 6 ,0 0 0
3 0 ,0 0 0

Bt. Louis............. 5 ,0 4 1 ,0 0 0
8 7 ,0 0 0
6 ,000
Cincinnati.........
6,000
153 ,0 0 0
Boston.................
3 0 5 ,0 0 0
7 1 ,0 0 0
M ontreal............ ,
508 ,0 0 0
1,000
Philadelphia___
014,000
2 3 2 ,0 0 0
P e o r ia .................
110 ,0 0 0
1 7 ,0 0 0
283 ,0 0 0
Indianapolis___
2 6 ,0 0 0
Kansas City___
470 ,0 0 0
9 ,000
Baltimore...........
965 ,0 0 0
213 ,0 0 0
M in n ea p o lis.... 6 ,750,000
25,0 0 0
On Lakes........... 2 ,6 1 5 ,0 0 0 2 ,7 9 7 ,0 0 0
On oanalifc river 2 ,2 8 0 ,0 0 0
82 2 ,0 0 0
T otals —
Oct.
7 , 1 8 S 3 -.6 3 ,‘275,000 8 ,8 0 4 ,0 0 0
Sept. 3 0 ,1 8 9 3 ..6 0 ,5 3 3 ,0 0 0 8 ,0 7 1 ,0 0 0
Oct.
8, 1 8 9 2 ..5 1 ,2 8 4 ,0 0 0 1 1 ,3 1 6 ,0 0 0
Oct. 10, 1 8 9 1 .-2 9 ,3 5 7 ,3 3 1 5 ,4 8 9 ,6 0 1
O ct. 1 1 ,1 8 9 0 .-1 7 ,7 3 9 ,0 3 2 8 ,3 6 4 ,2 3 5

86,0 0 0
6 ,000
28,0 0 0

6 ,000
14,0 0 0

95,0 0 0
119 ,0 0 0
2 1 4 ,0 0 0
57,0 0 0
17,000
18 2 ,0 0 0
2 2 ,0 0 0
5 9 0 ,0 0 0
162 ,0 0 0

4 0 ,0 0 0

Buffalo................. 1,4.99,000
Chioago............... 1 9 ,2 3 9 ,0 0 0
Milwaukee.........
7 1 7 ,0 0 0
3 ,5 5 2 ,0 0 0
T o le d o ................. 1 ,6 *5 ,0 0 0
P etroit................., 1,1 9 6 ,0 0 0

New Y ork

1893.

1892.

Week. Since Jan. 1.

Week. Since Jan. 1 .

O ct . 10.

to

Great Britain............................
Other European.......................
C h in a..........................................
Cndia.............................................
Arabia...................................... ..
Africa...........................................
West Indies................................
Mexico.........................................
Central Am erica......................
South A m erica........................
Other countries........................

286
968
92

3 ,4 9 0
1,315
26,072
5,536
10,1 5 2
6,091
15,173
1,816
3 ,716
39,979
2 ,214

117
27
466
1,175
225

177
35
785
375
102
254
20
233
2 ,542
3

4,188
1,310
68,719
4 ,3 2 7
12,525
6,908
12,716
2,715
5,100
36,8 5 8
2 ,221

T otal.....................................
China, via Vancouver........

3,356

....

11 5 ,5 8 4
24,1 5 0

4,526

....

157,587
1 5 ,1 9 4

T otal.....................................

3 ,3 5 6

13 9 ,7 3 4

4 ,526

172,781

* From New England m ill points direst.
--v -

Tot. week 8 63,746 1 ,0 37,893
B’me time
5 05,574
1892 .. 1,948,211

points specified in the table below:

36,399

96,308
2 55,000
210

D omestic Cotton Goods.—The exports of cotton goods
from this port for the week ending October 10 were 3,856
packages, valued at 5195,333, their destination being to the

Bush.
4 .026

Bush.

[VOL. L V II

R ye,
bush.
5 2 ,0 0 0
8 ,000
3 ,0 0 0
16,0 0 0
19 7 ,0 0 0
4 2 .0 0 0
5 ,000
2 1 .0 0 0
6 ,0 0 0

2 ,0 0 0
2 ,000
7 ,000
2 1 ,0 0 0
3 ,0 0 0
2 5 ,0 0 0

Barley,
bush.
5.000
2 0 ,0 0 0
114,000
151,000
257,000
4 2 ,0 0 0
54.0 0 0
60.000
3,000
10,000
20,000
26,000
51,000

The value of the New York exports since January 1 has
been $6,908,260 in 1893 against $8,047,381 in 1892.
The chief demand for brown goods has been in standards to
4-yard makes, the latter leading and showing a slight im ­
provement in price in some instances.
Sheetings and drills
in export grades are firm and well sold up. Bleached cottons
are very quiet outside of medium qualities which are in fair
request. Print cloth yarn qualities are steadier under an
advance in print cloths. Kid-finished cambrics very firm
under like influence and with scarcity of supplies in popular
colors. W ide sheetings and cotton flannels quiet. Colored
cottons in moderate request by home buyers but selling with
some freedom to exporters. There has been a little more bus­
iness in white goods for spring. Prints are increasingly scarce
in fancies, indigoes and shirtings and business somewhat re­
stricted thereby. Ginghams quiet without change. Print
cloths have advanced J^o. to 2/^c. for 64x64s, with a fair
business doing and close with a continued upward tendency.
1893.
Stock o f Print Oloths—
Oct. 6.
Held by Providence manufacturers. 1 8 3 ,0 0 0
Fall Bi ver m anufacturers..........
Total stook (pieces)...............

3 ,9 3 8 ,0 0 0 4 7 0 ,0 0 0 1 ,5 0 9 ,0 0 0
3 ,8 6 3 ,0 0 0 4 3 5 ,0 0 0
920 ,0 0 0
7 ,2 1 3 ,0 0 0 8 8 4 ,0 0 0 1,2 9 5 ,0 0 0
5 ,0 7 3 ,6 0 2 2 ,5 1 1 ,9 5 9 1,9 3 3 ,1 2 9
3 ,9 3 9 ,8 9 2
616 ,7 2 5 4,1 8 9 ,0 3 9

The importations and warehouse withdrawals of dry goods
at this port for the week ending Oct. 12, and since Jan. 1,
1893, and for the corresponding periods of last year are as
follow s:

:

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The demand in all branches of the market is still confined
to the daily requirements of buyers, nothing transpiring this
week to break the monotony of previous reports so far as
amount of business doing on home account is concerned.
Business for export continues good, and in staple cottons
mostly affected thereby stocks are limited and the tendency
o f prices occasionally against buyers. This has a slight influ­
ence on the general tone, which is steady, if dull. There does
not appear to be a superabundance of stocks in any direction,
although the resumption of work by a number of mills might
be taken as an indication of a material increase in current
supplies. To some extent the reports of mills resuming are
misleading, so many of them starting up again either on short
time or with part of their spindles or looms still idle, while
from statements made by various agents the resumption is in
a number of instances tentative, its permanency beiDg de­
pendent upon the development of a larger demand for goods in
the immediate future. Prices are now on a very Jow level,
often upremnneratiye, and with the cotton market showing
a material advance in the price of raw material there is a
growing impression that, whether buyers recognize it or not,
the bottom has been touched for staple merchandise.
D o m e s t i c W o o l e n s . — Business in all descriptions of cloth­
ing woolens has again been of a perfunctory nature. W hole­
sale clothiers are buying just as they have done for so long
past— small parcels to fill out' their absolute engagements.
These cover a sprinkling of all-wool pieced, dyed and fancy
cotton-warps, satinets and mixtures without distinctive char­
acter in the buyirig. The spring business still drags disappoint­
ingly, there being no enterprise on the part of buyers nor
pressure by sellers.
A few small sample orders are reported
placed for heavy weights for fall 1894. Collections have been
a favorable feature this week, payments being made in an­
ticipation of maturing liabilities.
W oolen and worsted dress
goods are inactive for both present season and spring.
A
very moderate business only is reported in flannels, blankets
and carpets.?

4 6 2 ,0 0 0

Im p o r ta tio n s a n d W a r e U o u s e W itU d r a w a ls o f D ry G o o d s*

F l a x ..............

N e w Y o r k , Friday, P. M ., October 13, 1893.

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G o o d s . — Business

D ry

a n u fa o tu r

T H E DR Y GOODS T R A D E .

1891. j
Oct. 3.
1 8 7 ,0 0 0
2 7 5 ,0 0 0

in this department has
been contracted to small dimensions for present season’s re­
quirements, buyers doing little in either staples or fancies
beyond a piecing-out trade.
Prices are irregular and of a
cleaning-up character. It is still difficult to interest buyers ia
spring offerings.
F o r e ig n

1 2 8 .0 0 0
498,000
7 0 ,0 0 0

1892.
Ocl. 7.
5,000
9 ,000

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October

THE CHRONICLE.

14, 1893.]

S t /* t t

m u

C ity

D trA n m w T ,

TERMS OF SUBSCRIPTION.
C o m m ercia l a n d fin a n c ia l C H R O N IC L E con­
tains 4 0 to €U1 pages published every week.
State a n d City Supplem ent of C H R O B ilC L E con­
tains 18 0 pages published periodically.
In vesto rs’ Supplem ent o f C H R O M C L E (a Cyclo­
paedia of Railroad Securities) contains 1 6 0 pages published
every other month.
Subscription to CHRONICLE for one year § 1 0 .0 0 ,
which includes every issue of both Supplements,
T lie p urpose o f this State a n d City D e p a rtm e n t
is to furnish our subscribers with a weekly addition to and
continuation of the State a n d City Supplement. In other
words, with the new facts we shall give, the amplifications
and corrections we shall publish, and the municipal laws we
shall analyze in the “ State and City Department,” we expect
to bring down weekly the information contained in the
State a n d City S upplement to as near the current date as
possible. Hence if every Subscriber will note in his Supple­
ment on the page designated at the head o f each item a
reference to the page where the item in the Chbonicle can
be found, he will at all times possess a complete and fresh
cyclopaedia of information respecting Municipal Debts.
ERIE, PA .—A N OLD ERROR CORRECTED.
In our last State and City S upplement, on page 67, the
date of maturity of an old issue of 7 per cent consolidation
bonds of the City of Erie to the amount of $492,700 is given as
January 1, 1894, and the loan has been so recorded in the
city's official reports for a period of nearly twenty years. A
communication to the Chronicle from the holder o f certain
of these securities has led to an investigation concerning the
accuracy of this data and the City Comptroller now writes us
that a clerical error has been discovered which was made at
the time the bonds were issued. Instead of the entire amount
maturing on January 1, 1894, only $118,700 falls due on that
date, $573,000 being payable on April 10, 1894, and $104,000
on July 1, 1894.
B o n d P ro p o sals and .\ eg o tla llo n *.—We have re­
ceived through the week the following notices of I onds
recently negotiated and bonds offered and to be offered tc r
sale.
Ann Arbor, Mich.—Rids will be received until November
6 by William J. Miller, City Clerk, for the purchase o f S per
cent fewer bonds to the amount of $30,000. The loan will
draw interest from November 1, 1893, payable at the City
Treasurer’s office, and the bonds will become due at the rate
of $2,000 yearly.
Atascosa Comity, Texas.—Jail bonds of this county to the
amount of $19,000 have recently been sold to the State Comp­
troller.

649

& Co. since the above awards were made. If this is correct,
the total amount of Boston securities sold since the first, of this
month is $1,419,000. Treasurer Turner has reported to us
that the total amount sold during August and September was
§2,014.500, making Boston’s total sales siuce the first of August
$3,433,500, certinly a very large figure for times of such ex­
treme duliess in the bond market.
No further issues of Boston bonds will be offered for sale this
year.
Cincinnati, Ohio.—{S tate and City
Supplement,
page 78.) Bids will be received until October 21, at the office
of D. W . Brown, City Auditor, for the purchase of $150,000
of pavement bonds. Interest at the rate of 4 per cent will be
payable semi-annually at the American Exchange National
Bank of New York, and the loan will mature June 1, 1913,
with an option o f call after June 1, 1902,
Cle velau d, Ohio.—(State and City S upplement, page 79.)—
City Auditor W , A. Madison notifies the Chronicle in refer­
ence to the $100,000 of fire department bonds offered for sale
on October 12, that nine bids in all were received, each for
the entire issue, of which the following is a list:
Bids.
Spitzer A Co., o f Toledo. O ld o............................. .............................106-633
Blake Bros., A Co., o f Boston. Mass................................................. 104-890
E. L. Daj A Co., o f Boston, Mass............................................- ....... 104-076
Brewster. Cobb A E statrook, o f Boston. M ass............................ 103-810
Dietz. Dean iso is A Prior, o f Cleveland, O hio— ...................... 1 0 3410
Blodgett, Merit A Co., of Boston, M ass............................................. 103-137

Society for Savings, o f Cleveland, Oltlo.......................................... 103*132
RudolplgKle vboldte A Co . o f Cincinnati. O h io .........................101-167
Euclid Avenue National Bank, o f Cleveland. O hio.................... 101

The bonds were awarded to Messrs. Spitzer & Co., theirs
being the highest bid received.
Interest on the bonds will be payable at the rate of 3 per
cent, and the bonds will mature October 1, 1903.
College Point. N. Y.—(State and City S upplement, page
46).—The refunding of toe 7 per cent water-works bonds of
the village of College Point, ns they fall due, is under con­
sideration. The bonds were issued in 1374 and are redeemable,
part yearly, for 30 years beginning with July 1, 1894. It is
thought that they can lie refunded at the rate of 4 per
cent.
Columbus, Ohio.—{State and City Supplement, page 60).
—Proposals will be received until November 1 by John M.
Deane, City Clerk, for the purchase of $30,000 of Linwood
Avenue improvement bonds ; also by the Board of Franklin
Park Commissioners for the purchase o f $35,000 of straight
park bonds. The avenue improvemt-nnt bonds are dated Sept.
1, 1603. bear interest at the rate of 6 per cent, payable semi­
annually, and become due in 10 years with an option of call
after one year, both principal and interest being payable at
the City Treasurer's office, and the park bonds are dated July
1, 1893, bear interest at the rate of 5 per cent, payable January
ami July, and mature in 18 years, both principal and interest
being payable at the National Park Bank, New York
City.
Delaware County. Ohio.—Lyman P. Lewis, County Aud­
itor, writes the CHRONICLE that ditch bonds to the amount of
$0,960 offered for sale on October 10 were awarded to a de­
positing and banking company at |>ar. Four bids in ail were
received. The loan is dated September 1, 1893, bears interest
at the rate of 6 per cent, and $960 of the amount matures
March t, 1891, and the remainder at the rate o f $1,000 semi­
annually thereafter until all are paid.
Denver. Col.—(State and City Supplement, page 136.)—
Frank Hall. City Treasurer, writes the CHRONICLE that no
bids have as yet been received for the $100,000 of 4 per cent
Denver improvement bonds, although several inquiries have
been received during the past week from New York and
Boston. Interest on the loan will be payable semi-annually in
Denver, or at the office of the Mercantile Trust Company, New
York City, and the bonds will run for fifteen years.
Public improvement bonds have heretofore been issued by
tliis city as follow s: $700,000 4 per cent 10—15 year bonds
were issued in 1889, of which amount $250,000 were at tliat
time sold at a premium o f $10 80 per $1,000 to S. A. Kean &
Co.. $130,000 of the issue were disposed of to contractors on
account o f contracts at p a r; the remaining $420,000 were
sold in 1892 at 97-95 to Win. R. Mygatt. $400,000 10-15 year
5 per cent bonds wi re issued and sold in 1891 at par to Win,
R. Mygatt. Local improvement bonds to the amount of
§375,500, running for 8 years and bearing 6 per cent interest,
have also been issued for the following districts.

Atlantic Comity, N. J.—Jail bonds of this countv to the
amount of $15,000 have been issued.
Barron, Wis,—J. W . Taylor, City Treasurer, writes us that
the $4,600 of water-works bonds recently voted are now ready
for sale. The loan will be dated when sold, will bear interest
at the rate of 6 per cent, payable annually in July, and will
mature at the rate of $200 yearly. Both principal and interest
will be payable at Barron. There is no other indebtedness,
and the total assessed valuation is $94,001), property being as­
sessed at about 80 per cent of the actual value. The tax rate
futslb stile sew er district No. 1 ............................. ......................... $110,000
per $1,000 is $60.
Boston, Mass.—S tate and City S upplement, page 21,)—
On Oct. 6 Treasurer Turner of Boston asked for bids on
city loans to the amount of $2,011,323. described as follows:
B7l«n liter. [ MUMtsri'AL Poitcosns—
ch ?H o§m m r* t2,00° ........° c t *• 1912
nlQHWAT8r~—

J

'*• A & o ! f s e d ’. l o o ! ! A p ril l", 1913
PUBLIC P A R R —

4*. A * ° , tt&O.000..... Oct. 1, 1013 j D. A AO, $ 4 8 0 ,0 0 0 ....O ct. 1, 1023
t.

r i X K U L ,l " r,,J " y -

I

Stkekts—

4*. AAO, * 3 2 5 ,0 0 0 ....Oct. 1 .1 9 2 3 j 4 s, A AO, $2 60,3 00.... April 1,1913

The total amount of the bonds then awarded was $1,300,000
ana they were sold at the following prices :
To.R. L. Day A C o ........................ §708,000, itoe 1923................. at 101 -339
Tn n . „ „ i
420,009, 4110 1913.................. at 100-539
10 oerartj B*ment....................
10,000, due 1023.................at 102-99
......................
5,000, due 1013................. at 101*599
$.1 9,00 0,

been further reported that bonds to the amount of
due April 1, 1912, have been sold to Lee, Higginson

Capitol siuidtary sew er t lsfrier No. 1 ........................................... 107,000
North Denver -ew er district No. 2 ................................................ 95,000
20th Street storm sew er................................................................... 61.500
Larimer s treet paving d istrict No. 1 ............................................
47,000

The total debt of the city, including the above-mentioned
public improvement bonds, is $1,900,000, and its assessed val­
uation in 1892 was $73,550,415, the approximate real value
being $220,651,245. The population in 1890 was 106,713 and
the directory estimate for 1893 ia 169,530.
The city lias never defaulted in the payment of principal or
interest. The payment of interest coupons is provided for by
an appropriation each year out of the general revenue of the
city.
Detroit, Mich.—{State and City Supplement, page 98).—
City Comptroller C. W. Moore writes us in reference to the
bond offering which took place in Detroit on October 3 that
only one bid was received, that being from the Michigan
Stone & Supply Co. and Henry Collins, local contractors, for

650

THE CHRONICLE.

$100,000 of boulevard improvement bonds at par and a pre­
mium of $100. The securities offered were the followingnamed 4 per cent 30-year city bonds, principal and interest
payable in gold at the City Treasurer’s office :
$100,000 boulevard improvement bonds, dated November
1, 1893.
$100,000 public lighting bonds, dated Nov. 10, 1893.
$100,000 public sewer bonds, dated Nov. 15, 1893.
$300,000 public school bonds, dated Nov. 20, 1893.
$100,000 park improvement bonds, dated November 25,
1893.
Dulutli, Minn.—(State and City Supplement, page 105.)—
A n election will take place in this city on November 7, to vote
on the proposition of issuing water works bonds to the amount
of $400,000.
Everett, Mass.—(State and City Supplement, page 24.)—
Sewer bonds of Everett to the amount of $10,000 have been
voted by the Council, same to bear interest at a rate not ex­
ceeding 6 per cent.
Fall River, Mass.— (State and City Supplement, page 24.)
— The $150,000 of 4 per cent school bonds maturing October
2, 1913, were sold on October 12 to Brewster, Cobb & E -tabrook at 102-27. The following is a list of the bids received
which has been furnished to us by Chas. P. Brightman, City
Treasurer:
Bid.
Brewster, Cobb & Eetabrook..............................................................
102-27
B . L. D ay & Co............................................................................................... 101-816
Third NaiionalBauk of Boston................................................................ 100-725
Blahe Brothers & Co.............................................. ...................................... 100-41

Fond du Lac, Minn.— Bids will be received until October 30
by the Village Council for the purchase of $10,000 of 7 per
cent 10-year public improvement bonds. Interest on the loan
will be payable semi-annually, and both principal and interest
will be payable in United States gold coin.
Gloucester, Mass.— (State and City Supplement, page 25.)
-— A ten-year loan of this city to the amount of $6,000 has re­
cently been authorized for street extension.
Hamilton, Province of Ontario, Canada.—City Treasurer,
A . Stuart, writes the Chronicle that the 4 per cent bonds of
the City of Hamilton to the amount of $2,350,000 offered for
sale on October 4, were not sold, no satisfactory bids having
been received. Interest on the loan is payable half-yearly
from April 1, 1894, and the bonds mature in 40 years. The
proceeds of this loan are to be used for the redemption of
debentures of the city maturing April 1, 1894.

Harrison County, Ohio.— Sealed proposals will be received
until November 1, at the office of H, G. Forker, County Audi­
tor, for the purchase of 5 per cent bonds to the amount of
$20,000. The bonds will be dated November 1, 1893, with in­
terest payable semi-annually, and will be redeemable at the
rate of $3,000 semi-annually from November 1, 1897, to May
1, 1900, and $2,000 November 1, 1900.
Haverhill, Mass.— (State and City Supplement, page 25.)
Ten and thirty-year bonds of this city to the amount of $25,000 each are under consideration.
Holyoke, Mass.— (State and City Supplement, page 25.)—
It is reported that this city has recenty sold $60,000 4 per cent
railroad refunding bonds.
Houghton, M idi. — The $10,000 of water-works bonds re­
cently voted have been awarded to a local purchaser at par.
Interest on the loan is payable at the rate of 6 per cent.
Jersey City, N. J.— (State and City Supplement, page 60.)
■
— The Jersey City Board of Finance has sold this week through
Benwell & Everitt, of No. 6 W a ll Street, $632,000 of the 5 per
cent 30-year gold assessment bonds, which were first offered on
the 15th of last month. Of this amount $600,000 was taken at
par and accrued interest and $32,000 at 101. The total issue
amounts to $700,000, and the remaining $68,000 are still to be
disposed of by the above-mentioned firm. The proceeds of the
loan will be used to redeem bonds maturing January 1, 1894,
and to pay off a temporary indebtedness which was recently
incurred to redeem bonds which matured on tha first of this
month.

[Vou LYII

and street improvement bonds to the amount of $5,226 30,
maturing in from one to ten years.
Manchester, N. H.— (State and City Supplement, page
14.)—Sealed proposals will be received until October 20 by E.
J. Knowlton, Mayor, for the purchase of water loan bonds to
the amount of $100,000. The bonds will be dated November
1, 1893, will bear interest at the rate of 4 % per cent, payable
May and November at the Suffolk National Bank, Boston,
Mass., and will mature November 1, 1913.

Mandan, N. Dak.—W e are informed by City Treasurer A .
E. Flynn that the $5,000 of 7 per cent water-works bonds of
Mandan due Jan. 1, 1914, have not as yet been sold. Interest
is payable in New York and principal at the City Treasurer’s
office.
Marinette, Wis.— (State and City Supplement, page 102.)
— It is reported that $50,000 of sewer bonds of this city have
recently been sold at 92‘25.

Marion, Ohio.— M. Waddell, Clerk of the Board of Educa­
tion of Marion, writes the Chronicle that the $24,000 of 5
per cent school bonds which were offered for sale on October
2 were sold to A. L. Stephens, of Detroit, Mich., for $24,150,
this being the only bid received.
Medford, Mass.— (State a n d City Supplement, page 27.)—
It is reported that Medford will issue water works bonds to
the amount of $10,000.
Mineral County School District No. 3, Colo.—Proposals
will be received until October 20 for the purchase of school
bonds to the amount of $27,000. Interest at the rate of 7 per
cent will be payable semi-annually in New York, and the
bonds will mature in 15 years.
Montmorency County, Mich.— The people of this county
will vote on the question of issuing building bonds to the
amount of $10,000.
Morgan County,"Ind,— (Chronicle, volume 57, page 389.)
It is reported that this county has recently, sold 6 per cent
bonds to the amount of $30,000 at par.

Muskegon, M ich —(State and City Supplement, page
99.) City Treasurer R. S. Miner writes the Chronicle that
the $100,000 of bonds to be issued by this city are now ready
for the Mayor’s signature. He states that the loan will bear
interest at the rate of 5 per cent, payable semi-annually, and
will mature in 1926.
Omaha, Neb.— (State and City Supplement, page 123.)—
The people of Omaha will vote on a proposition to issue
$1,500,000 of water-works bonds.

Paterson, N. J.— (State and City S upplement, page 62.)—
It is reported that the $50,000 of 5 per cent school bonds of
Paterson have been sold to Vermilye & Co., of New York, at
par and accrued interest. The bonds are dated August 1,
1893, and $25,000 of the amount becomes due August 1, 1908,
and $25,000 August 1, 1909.
Piedmont Sanitary District, Oakland, Cal.— Charles R.
Root, Secretary of the Piedmont Sanitary District, will receive
bids until November 1 for the purchase of bonds to the amount
of $50,000. The securities will bear interest at the rate of 5
per cent, payable semi-annually, and will run 20 years, re­
deemable one-twentieth each year. • Interest and principal
will be payable in United States gold coin. These bonds are
issued under the provisions of an act of the Legislature of the
State of California, approved March 31,1891. The district has
no other bonded indebtedness.
Riclimondville, N. Y .— An election to vote on issuing $16,000 of bonds for the construction of water-works was to have
taken place in this village on Sept. 20, but as proper notice
was not given, the election was declared illegal. Village
Treasurer A. D. Frasier writes us, however, that another vote
will probably be taken in the near future:

Rochester, N. Y .— (State and City Supplement, page 53.)
—Bids will beYeeeived until October 20, at the office of Samuel
B. W illiam s, City Treasurer, for the purchase of east side trunk
Kingston, N. T.— (State and City Supplement, page sewer bonds not exceeding $400,000, and additional water
49.) The citizens of Kingston recently voted in favor of supply bonds not exceeding $1,000,000. Both loans bear in­
terest at the rate of 3% per cent, payable by the Union Trust
issuing bonds for water-works.
Company, New York, that on the sewer bonds being payable
Lake Crystal, Minn.— Bids will be received until October
January and July and on the water bonds February and
18 by the Village Council for the purchase of $10,000 of 6 per
cent 20-year bonds. Interest on the loan will be payable an­ August. The sewer bonds will be issued in series of $25,000
each, the first series to become due January 1,1922, and one
nually in gold on May 1 at the office of the Village Treasurer.
each succeeding year until all are paid, with privilege of pay­
Long Island City, N. Y.— (State and City S upplement, ing all or any part of the bonds after ten years from date.
page 49.) F. W . Bleckwenn, City Treasurer, writes the Chron­ The water bonds will run 50 years, with privilege of redemp­
icle that no bids were received for the $135,000 of 4>£ per cent tion after 20 years from date. Each purchaser will be re­
funded debt bonds offered for sale on October 10. The bonds quired to deposit two per cent of the amount of their pur­
are dated October 1,1893, and mature October 1, 1913, with chase within forty-eight hours after the sale, and the bonds
interest payable semi-annually.
will be delivered November 1.
Madison County School District No. 1, T. 3, R. 5, 111.—
Rutledge, Pa — Thomas J. Hunt, Burgess, writes us that
J. C. Ammann, Clerk of the Board of Education of this dis­ $14,980 of road improvement bonds of the borough of Rut­
trict, writes the Chronicle in reference to $20,000 of straight ledge have been placed at rates of interest ranging from 5 to
5 per cent bonds which were offered for sale on October 3 5 % per cent.
that same were awarded to the Highland Bank at par, no
Somerville, Mass.—(State and City Supplement, page
other bid for the entire issue having been received. The loan
30).— W e are informed by John F. Cole, City Treasurer, that
is dated November 1, 1893, and will run twenty years.
the $275,000 of 4 per cent bonds recently authorized by the
Madisonville, Ohio.— (Chronicle, vol. 57, page 486.)— Board of Aldermen of Somerville were disposed of and de­
livered
on October 2. Two hundred and forty thousand dol­
Bids will be received until October 28 by Bennet Carter, V il­
lage Clerk, for the purchase of 5 per cent 20-30-year electric- lars of the amount maturing at the rate of $24,000 yearly from
light bonds to the amount of $15,000; also 6 per cent avenue October 1, 1894, to 1903, are issued for school houses, etc; $17,-

THE CHRONICLE.

Octobbb 14, 1893,]

0*30, of which SO,000 matures October 1, 1903, and $11,000
October 1, 1908, for renewals: and $18,000, maturing at the
rate of $1,000 yearly from October 1, 1894, to 1911, for sewers.
Spokane, YFash.—(S t a t e a c t C i t y S u p p l e m e n t , page 148.
City Treasurer J. H. Eardley writes us that an ordinance pro­
viding for the issuance of street improvement bands is now
before the council and wili probably sxm become a law. By
the provisions of this ordinance the property within the dis­
trict to be improved is entirely responsible for the payment of
the bonds, and a lien on each lot in such district is vested in
the bondholder, and provision being made for collection should
the city not collect assessments f.^r bondholders. The bonds
are to run 10 years and are divided into 10 coupons with an­
nual interest at the rate of 8 per cent added. The city is to
make annual assessment to meet payment of coupons.
The street and finance committees state that they are pre­
pared to immediately improve a autnoer of inside streets if
there is a disposition on the part of investors to favor these
bonds.
Springfield, Mass.—(3 t a t z a c t C i t y S u p p l e m e n t .page
30, and C h r o n i c l e , vol. 36. page 680.)—Treasurer Tifft, of
Springfield has recently sold $130,000 o f 4 per cent 30-year
gold water bonds to Kidder, Peabody & Co,, of Boston, at
par. This is the balance of a total issue of $350,000 of bonds
to pay for the construction of a new water main. The first
$200,500 worth of bonds were dated April 1, 1893, and ran for
twenty years, for which the city received the large premium
o f 4 065 per cent from the Third National Bank of Boston,
The Treasurer writes that he considers par a favorable offer
at tiffs time for a 4 per cent bowl.
The following is a record of the recent sales of new bonds
by this city:
D ale o f Salt,
Rale.
September, 1S93................Is. «
April 28, I S M ................... is . g.
September, 1.802.................4*, g,
May, 1992............................3% *.g.

Amount.
$130,000
200,000 g.
5 0 ,0 0 0 * .
33,000

Time.
30 y ear,.
20 yearn.
10 years.
1 3 years.

Award.
100.
10-1065
102-42
100*10

An interesting comparison of the financial standing of
Springfield with that of other Massachusetts cities will be
found in the C h r o n i c l e , vol. 55, page 68.

N E W LOANS.

651

Springfield, Mo.— (S t a t e

Springfield, Ohio.— (S t a t e

Stark Comity, Ohio.— (S t a t e

4 ' 2 Per Cent Coupon Bonds,
D IE

AUGUST,

Wooster, Ohio.— (S t a t e a c t C i t y S u p p l e m e n t , page S3,)—
We are notified by C. C. Adams, City Clerk, that the $16,500
of 6 per cent street-paving bonds which were offered for sale
on September 18 were award d to Mr. C. Y, Hard of Wooster
at a small premium. Interest on the loan will be paid semi­
annually at the City Treasurer’s office and the bands will be­
come due in ten equal annual instalments, beginning Septem­
ber 20, 1894.
Wyoming, Ohio.—Bids will be received until October 25 by
W. A. Clark, Village Clerk, for the purchase of $3,623 25 of
village bonds. Interest at the rate of 6 per cent will be pay­
able annually, and the bonds will become due at the rate of
$*500 yearly from June 17. 1894, to June 17, 1902, and
$382 25 on June 17,1903. The bonds are issued in antici­
pation of the collection o f the assessment for the construction
of a rtiiicial stone sidewalks,________________ _ ________
13r F o r c o n t i n u a t i o n o f p r o p o s a l * » e e

NEW

&

LOANS.

City o f Ironwood, M ich .,
0 PER CENT GOLD BONDS.

PRICES TO SUIT THE TIMES.

Dated August 1,1893,

Due August 1, 1908 to 1913.

Lamprecht Bros. & C o .,

PRINCIPAL AND I X TERSEST PAYABLE IN
NEW

We offer the above bond*, j abject to prerkun s»l«.

C o .,

S T ., N E W Y O R K .

CLEVELAND.

YORK.

Real valuation .................................. 818.0I

Assessed valuation........................ 8,0
Total debt (this Issue included)....
2
Population............. ............ ............

BOSTON.

CHOICE

n ex t page.

$ 1 5 0 ,0 0 0

IN V E S T M E N T S

1921,

PRICE. 100 AND ACCRUED INTEREST.

Brothers

Cit y S u ppl e m e n t, p a g e

county to the amount of $5,500 have recently been sold to the-

CorrrMtwoaence lari ted.

45 W A L L

Blake

and

State ’Comptroller at par,

Street Railroad and
MunicipallBonds.

C I T Y OF ST . P A U L

Cit y Su ppl e m e n t, p age

act

84.)—Six per cent court house bonds to the amount of $25,000
which were offered for sale on September 21 were sold at par.
The bonds mature in from 1 to 6 years.
Tekoa, W ash.— The citizens of Tekoa voted on Sept. 28 in
favor of issuing bonds to the amount of $13,000.
Toledo, Ohio.— (S t a t e a n d C i t y S u p p l e m e n t , page 8 4 ,)—
It has been reported this week that $497,000 of water-works
refunding bonds have been sold by the city at par. The bonds
are dated June 1, 1S93, and will mature June 1, 1903. Inter­
est has been fixed at the rate of 5 per cent per annum, and
both principal and interest will be payable at the Importers’
& Traders’ National Bank, New York',
Van Zam lt County, Texas.— Five per cent bonds of this

nr

$ 2 5 ,0 0 0

C i t y S u p p l e m e n t , p a g e 116.)

84).—Bids will be received until Oct. 17 by T. D. Wallace, City
Clerk, for the purchase of $1,895 o f street-improvement bonds.

N E W LOANS.
C H O IC E

and

—The citizens of Springfield will vote on October 17 on the
question of issuing $3,000 of bonds for the extension of the
water mains.

BONDS.

A L e g a l In vestm en t fo r S a v in g s R an k* o f
M ain e an d N ew H a m p sh ire,

10.000 Colombo#, Ohio. «•. Price lot ant int«rwt.
10.000 New Brighton, P a, School 5*. Price 100 and

P R IC E . 1 0 0 A N D IN T E R E S T .

10.000 Chippewa Fall*. Wl*, fl». Price 100 and Inter
28
5

STATE
NASSAU

ST R E E T, BOSTON.
S T .,

SEW

YORK,

Coffin

**

ftT S f& S l , S f t S
lore,tors are mrlted to call, write, or telegraph at
for expense, tor prices on other choice bonds.

C. H. W H IT E & CO.,

n

&

B R O A D W U ',

Stanton,
-

NEW

VOBK.

BO NDS FOR SALE.

BANKERS,

City of St. Louis, Mo.,

72 B R O A D W A Y , N E W Y O R K .

160*000 Norwood, Hamilton County, Ohio, Water
,.10.000

G O LD . 1 PER CENT BO N D S.

City of Detroit, Mich.,

J.

W.

Hayes

&

Sons,

BAN KERS,

Ley*! utwtotmmu for New Ynrk State Saving*

Dealers in MUNICIPAL BONDS.

Bans* tmtl Treat Funda.

Street Railway Bonds and other high grade inresttneote.
31K H 3

i o W a ll S t r e e t ,

*10,000 W

& K
bonds,

M

Cable Add re#* **KENNETH.

Town Hall 5 per cent

PARTICULARS UPON APPLICATION.

Rudolph Kleybolte & Co.,
IN V E S T M E N T

B e lto n

Farson, Leach & C o .,

School District« per cent bonds.

820.000 Greenfield, Highland County, Ohio, 16-Year

4 PE R CENT B O N D S.

P rice* and P a r tic u la r * upon A p p licatio n ,

Ohio. Water

812.000 Bond " m u KnmUton County, Ohio, Special

BAN KERS,

CINCINNATI, OHIO.

2 W A L L STREET.

JERSEY C IT Y

Hackett & H o d ,

Due

REAL ESTATE AND INVESTMENTS
0 6 M i c h i g a n S t ,, .m i w a n k e e , W l « .

JP '*'*"*1 Mil"r*at*» Heal

i

s

p

s

s

-

S e p t,

GOLD

5s,

1, 1 0 2 3 ,
R efu n d in g
m eat Betid*.

A *st-»*.

Edward M orton & C o .,
53 Broadway, N e w Y ork.

A LIMITED AMOUNT FOB SALE.
S p e c ia l t ic * i
Seven per cent tends, due January, ISM, taken In
M U N IC IP A L ,
exchange.

BENWELL

&

EVERITT,

6 W a ll 8 t „ N ew Y o r k .

S T R E E T R A IL W A Y BONDS
and
B A N K STOCKS.

THE CHRONICLE.

6 5 2

find that the same city offered $1,000,000 of 4 per cent 30-year
securities in February, 1892, and at that time received four­
teen bids, the highest of which was 108-289. Both of these
sales indicate by the large number of bids received the popu­
l a r i t y of Providence bonds among investors.
Providence is in Providence County, which has no indebted­
ness. The city’s bonded debt is at present ma e up of the
following loan s:

Youngstown, Ohio— (State and City Supplement, page
85.) It is reported that the question of issuing bonds for pro­
posed water-works will be submitted to a vote of the people.

S T A T E AND C IT Y D E B T CHANGES.
We subjoin reports as to municipal debts received since the
last publication of our State and City Supplement,
Some of these reports are wholly new and others cover items
of information additional to those given in the Supplement,
and of interest to investors.
Rhode Island—Providence— (S t a t e

and

Cit y

-— Interest.— .
LOANSRate. Payable.
NAME AND PURPOSE.
City Hall and sewer. ............... & 5 g J <fc j
1 8 7 9 .c*r 4*2 J
do
do
D
Davis estate loan...
4g. .1
j
Park lo a n ................... .1892.C&1' 4g. M & s
J & J
Public im provem ent.1879___ r 5
1880
r 5
do
do
j & j
School loan, ............. .1 8 9 1 .e&r 4g. J & j
Sewer lo a n ,............... 1 8 9 1 .c&r 4g. J A j
do
................. .
1 8 9 2 .c&r 4g. M & 8
do
gold............... 1893.c<fcr 4g. A & O
W ater, gold............................. Ctfcr o s •T <& j
do
gold................
5 g j & •r
do
gold............... .1 8 7 6 .c&r 5 g J & J
do
gold............... .1 8 9 3 .c&r 4 g A & o
do
........................ ,.1886.o&r 3^2 M & s

Su p p le _

MENT, page 34).— W illiam K . Potter, Mayor.
The following detailed of indebtedness, valuation, etc., has
been corrected in the office of City Treasurer D. L. D. Granger
and it shows very fully and minutely the financial condition of
Providence at the present date. During the fiscal year which
ended on the first of October, 1893, the city issued new sewer
and water bonds to the amount of 81,317,000 and the old war
loan of 8300,000 was paid off. The war loan sinking fund at
the maturity of the bonds, January 1, 1893, amounted to
$493,802 28 and the surplus of 8193,802 28 was transferred, in
accordance with the requirements of the law, to the sinking
fund for water loans. On March 1 of this year the new bonds
were offered for sale, interest rate being 4 per cent and time
30 years. Ten bids were received and 8500,000 of the
securities were sold at 106'077; $317,000 at 105'889; $250,000 at
105'689 and $250,000 at 105'539, the average price being
105'855. Although very good in comparison with the majority
of the sales reported last March, these prices show the falling
off in the market when we glance back in our records and

FINANCIAL.

[VOL, LYI1,

,------------Principal.----------- .
When Due.
Outstand’g.
July 1, 1895 $ 1 ,3 9 7 ,2 5 0
June 1, 1899
6 0 0 ,0 0 0
July 1 , 1909
7 5 ,0 0 0
Mar. 1, 1 922
500 ,0 0 0
July 1, 189 9
4 5 0 ,0 0 0
July 1, 190 0
146 ,0 0 0
July 1 , 1911
300,000
July 1, 1921 1,1 2 5 ,0 0 0
Mar. 1, 192 2
500,000
Apr. 1, 1923
500,000
July 1, 1 900
8 2 0 ,0 0 0
July 1, 190 0 3 ,1 8 0 ,0 0 0
July 1, 1900 1 ,500,000
Apr. 1, 1923
817,000
Sept. 1, 1 9 1 6
4 8 3 ,0 0 0

PAR V A L U E O F B O N D S .—Tlie coupon bonds are for $ 1 ,0 0 0 ; the
registered bonds for $ 1 ,0 0 0 and multiples of the same. A ll coupon
bonds are transferable into registered bonds at tile option of tbe
bolder.
IN T E R E S T — W H E R E P A Y A B L E —Interest on tbe bonds is paya­
ble as follo w s;
Title o f Loan
Interest, where payable.
City Hall and sewer sterling 5 s ___ London, Morton, Rose & Co.
do
do L ^ s ..........1879 Boston, Nat. Revere Bk., andProv.
D avis estate loan, due 1 9 0 9 ............ N. Y ., Nat. City Bank, and Prov.
Park loan...............................................N. Y ., Nat. City Bank, and Prov.
Public impr’nt 5s, due 1899& 1900 Providence, City Treasury.
School loan, due 1 9 1 1 ...................... N. Y „ Nat. City Bank, and Prov.
Sewer bonds...........................................
do
do
Ti. .
lo on
< Boston, National Revere Bank.
W ater 5s and 6s, due .1 9 0 0 ............ | y y _ National City Bk., and Prov.
do 5s, due 1 9 0 6 ............................ New York, Nat. City Bank, & Prov.
do 3*28, due 1 9 1 0 ........................
do
‘
do
do 4s, due 1 923 .........................
do
do

FINA N C IA L.

FINANCIAL.

E P O R T O F T H E C O N D IT IO N O F T H E
C H E M IC A L N A T IO N A L B A N K , at
M ORTGAGE LOANS E
New York, in the State o f New York, at the close
oi business October 8,1893 :

IN

F IS H E R

&

RESOURCES.

Loans and discounts....................................$19,949,018 25
Clearing House loan certificates issued
by otner banks........................
1,580,000 00
Overdrafts.......................................................
58,960 95
O Per Cent and 7 Per Cent N et.
50,000 00
NO COMMISSIONS charged borrower or lender U. S. bonds to secare circulation...........
Stocks
and
bonds.........................................
1
until loans have proven good.
Banking house ............................................
250,000 00
Other real estate ............
£2,162 26
F R A N C IS S M I T H & CO.,
Current expenses and taxes paid.........
121,<20 8o
S A N A N T O N IO , T E X A S .
Due from* ther nat. b’nks.$1,023,389 33
Due from State and pri­
vate banks and bankers.
600,907 31
Checks & other cash items
270,158 64
Exch’s for Clear'g House. 1,630,538 20
Bills o f other banks...........
62,000 00
OF
Fractional currency..........
4,700 00
4,865,598 25
P I T T S B U R G A N D V IC IN IT Y Specie......................................
Legal-tender notes.............. 1,837,996 00
[ Collect ;r of Customs.......
30,000 00
D e a lt In by
9,834,287 73
.§32,726,153 54
T o ta l..

TEXAS

SHAW ,

BANKERS,
M e m b e rs B a ltim o r e Stock E xchange.
B A L T IM O R E , I D ,

M U N IC IP A L S E C U R ITIES

THE

Lewis

Jas.

Investment

C o..

Carothers,

L IA B IL IT IE S .

Capital stock paid in......................

90 F O U R T H A V E „ P IT T S B U R G . P A .

D E S M O IN E S , I O W A .
CAPITAL PAID UP,

-

1150,000.

Choice Investm ents In the m ost C onserva­
tive F ield in the W e s t
O iy
p rn
f * C | J T Guaranteed Fir«t-Mon*
O IA r C n
U C n I gages on improved lan<h
In Iowa and Eastern Nebraska. Safe and Desirable

Jos. C . Platt, C . E .,
CONSULTING E N G IN E E R

R e p o rts

S u p e rv isio n .

F ifte e n Y e a rs* Successful E xperien ce.
Send for P am p h let.

W . A. HOTCHKISS,

GEO. H. LEWIS

Secretary.

President.

G.

R. Voss,

Commercial Paper,
Bonds, Stocks and Investment Securities.
608 FIRST N A T IO N A L B A N K BUILD IN G.

Om aha,

Nebraska

Jos. O . Osgood,
M. Am . Soc. C. E.,

C O N S U L T IN G E N G IN E E R ,
120

BROADW AY,

NEW

YORK.

Makes specialty of reports on railroads and other
Investment properties.
Examinations made In any part of the count y.

EDM UND
C o n s u ltin g

B.

K IR B Y ,

M in in g
E n g in e e r
M e ta llu r g is t,

No. 9 Windsor Hotel Block, Denver, Col.
S P E C IA L T Y .—The Expert Examination of Minin
investments and Metallurgical Enterprises.

B O N D AND S T O C K DEALERS,

W h ite & Clark,

W e buy and sell outright all Western
Municipal Bonds and Stocks.
We
cheerfully furnish full and reliable in­
formation concerning any W estern se­
curity without charge. Monthly quo­
tation circular mailed to all applicants.
New issues of municipal bonds wanted.

C O N S U L T IN G E N G IN E E R S .
S P E C I A L T Y .—T he In v e stig a tio n of the
physical condition of In d u stria l P rop­
erties aud V a lu a tio n o f the sam e.
T IM E S B U I L D IN G ,

T otal............................................ ..*82,726,153
54
State o f New York, County o f New York, ss:
1, W m . J. Q u i n l a n , Jr., Cashier of the Chemical
National Bank o f New York,” dO solemnly swear that
the above statement is true, to the best o f m y
knowledge and belief.
^ TTT„ _ . XT T 0 „ oV, in.
WM. J. QUIN LAN, Jr., Cashier.
Subscribed and sworn to before me this 5th day
of October. 1893.
E d w d . P. B r o w n ,
Correct—A tte s t:
Public.
J. A . ROOSEVELT, >
ROBERT GOELET, ) Directors.
G. G. W IL L IA M S,
)

SEARS

&

P IT T S B U R G .

W H IT E ,

Successors to
EUGENE R. COLE,

S T A T IO N E R S A N D
and

Geo. M . Huston & C o.

8 0 fi P I N E S T R E E T , S T . L O U I S , M O .

00

Undivided profits......................... L 44.3,604 84
State bank circulation outstanding . . .
10,874nn
Dividends unpaid....................................... .
«7o OU
Individual deposits.........§19,167,022 18
Demand ctfs. o f deposit.
709,071 -03
Certified checks.................
190,171 82
Cash’r’s ch’ksoutstand g
20»,147 94
Due national banks......... 3,432,894 50
Due State and private
^
banks and bankers......._ 1,269,192 2 3

,0

3 5 W a ll S tr e e t, N ew Y o r k ,
A n d W a te r fo r d , N . Y .
E x a m in a tio n s .

„

5300,000

P R IN T E R S .

Supply Banks, Bankers, Stock Brokers and Cor­
porations with complete outfits of Account Books
aud Stationery.
. ,
N e w concerns organizing will bave tneir
orders promptly executed.

N o. 1 W I L L I A M S T R E E T .

AUGUSTUS

FLOYD,

INVESTMENT SECURITIES,
39 P IN E S T R E E T ,

NEW

YORK.

THE CHRONICLE.

October 14, 1893.J

T O T A L DEBT, SINKING FUNDS, Et c ,—'Thesu bjoin ed statem en t
shows the total municipal debt o f Providence, the sinking fund held by
the c ity against the same, the water debt, and the city's floating debt •
on the first o f October o f each o f the last three years.
Oct. 1 ,1 893 .
Bonded debt fi n d water d*t>.$l2,393.250
P .oa tia .-d .-b t________
2 ,i:;7 .— 4
Total debt............................ $14,831,134
3,062,932

Sinking fund-, etc....................

Oct. 1,1 892 .
$11,376,250
2.496.193

Oct. 1,1891.
$10,776,250
1,398,693

$13,872,443
2,993,469

$12,374,943
2,609,302

8

,705,641
N et d e b t ................................... $11,763,202
$1 0,$7 8,97 4..
;,553.000
Water debt •Included abovet. 6.800,000
$6,674,500
The notes representing the floating debt on October 1,1 893 , were tesued for and are chargeable to the follow ing a ccou n ts:
B rook Street district.......................................................................
$43,000
Pilling c o v e b a s in ..........................................................................
357.000
300.000
Sewerage ................. .....................................................................
124.000
W ashington b rid ge........................................................................
5,000
R oger Williams Park im provem ent l o a n ................................
2,691
W ater works const ruction, fruit hill line and reservoir.........
Special highway l o a n .................................................................
1, ,274,000
131,692
70,500
New centra! poUee station...........................................................
100.000
School houses and lo t s ........ ......................................................
10,000
D avis Park im provem ent l o a n ............................... ................
T ota l............................................................................................ $2,437,884
O f the total floating debt, as above stated, part wlU be funded and
part will be p rovided for by the sinking binds and sale o f public lauds.

SINKING FUNDS.- By City ordinance all sinking fund Income is

rivested in
notes, in *“
State
required to be'tavaitea
In the
toe city's
clty*» bonds or
« --------------— •»?
- * *Rhode
"

Island bonds, o r in United States bonds. Tite city's bands to be can
celed to prevent re-Urne.
The loans, for the redemption of which sinking fund* are held by the
com m issioners, and the amounts o f the sinking tend* Septem ber 30,
1993, are shown by the follow ing table:
City hail and sewer loan, dne in 1 9 9 5 ......................
$1,068,640 31
City hall and sevrer loan, due in 189® ...................................
405,001 97
Public im provem ent loan, due In 1800........
265,608 93

Public im provem ent loan, due In 1900....................................

Water loan, dne in 1900. ...................................................... -.
Water loan, due in 19 06............................................................
W ater loan, due In 1 9 1 6 .......................................
Water loan, due in 19 23............................................................
Iiavis estate loan due In 1900.............................
School loan due In 1 0 1 1 ............................................................
Sewer loan due in 1921....................................

79,445 19

640,031
201,315
90,712
49.450
7,493
32,634
71,946

Sewer loan, dne 1922................................................................
Sewer loan, due in 1923.............................................................
Park loan, due 1922..................................................................
Brook Street district sinking fund................................ ..........

Total sinking funds September 30, 1 8 9 3 ...................... $3,043,212 31

ASSE SSE D V A L U A T IO N .—TUevaluation and ta x ra te h a re been as
follow s, real estate being assessed at “ about two-thirds cash v a lu e:”
------------ -Assessed Valuation-------------------. Tax p er
Amount
Tears.
Seal
Personal
Total
$1,000,
o f Tax.
1893 $119,001,700 $10,310,880 $159,812,560 $16-00 $2,557,000 96
1892. 114,656,860
40,885,660 155,542,520 15-00
2,333,137 80
1801. 109,128.720
37.473,120 140.901.840 15-00
2,203.527 60
1690 104,684,440
35,932,620 140,617,060 1 5 0 0
2,109,25590
1889. 102,650,100
37,627,240 140,477,340 15-00 2,107,16010
186s. 100,5124,720
35,837,640 136,702.500 15-00
2,051,438 40
16 87. 99,779.080
3 1,267,660 134,047,260 14-50
1,943,685 27
1880. 88,012,100
27,906,900 115,921,000 13-50
1,504.933 50
1870. 52,511,800
10.565,100
93,076,900 13-50
1,2511,53815
I8 6 0 . 37,089,800
21,042,000
59,131,800 5-60
325,538 80
The tax rate in 1893 o f $16 00 included State ta x Of $2 00 and city
tax proper $14-00.
P O P U L A T IO N —The population fo r 1893 is reported at 148,914.
In 1-90 it was 132,013; In 1880 It was 10 4,85 6; in 1870 it was 68,904.

Ohio—B ellaire.—(State and City S upplement, page 78.
S. S. McGowan, Mayor. The following statement of the finan­
cial condition of Bellaire on September 1, 1893, has been fur­
nished to us by Mr. John R. G j w , City Clerk :
This city is in Belmont Co.
L O A N S—
C ity N o t s ?*

STKEt.T P a v in g B onds —

6s, MAS. $15,100.......... .......... 1893 :
(Part due yearly) t o -------- 1900
w vtkr Bomws—
6s, seml-atra. $3,000, 8ept. 1,1894
6 -. semi-ana. 22.000 Sent. 1.1.895
($2,000 due yearly , to Sept. 1.1905

OF

1SS D B A H l t e K b V f . . C H 1 C A U V .

CAPITAL, PAID UP, - - .................

Bank.
C H I C A G O , ILL,.

CHICAGO,

5 0 ,0 0 0
m

.

•urplua............................................. ...

9 3 9 ,0 0 0

Depualted w ith Mint* A udtior .

‘4 0 0 ,0 0 0

GUARANTEES TITLKrt TO REAL BSTATR.
MAKES ABSTRACTS OT TITLE.

real and pareonai. Act* u agent fur tb* reeutraUonand tran*fer of bond* and eto«k* and tb* pay
meat of coupes*, interest and dividend*. A (**»)
dapeaisorr for coon and trust fund*.
INTEREST ALLOW HD OS DKPOM1 l ot money

OSera iuveatur* In real eateie aeeurlllea
protection afforded by no other eyatem ef

wbteb may be made *t any Urn* and with .raw'd after
flve day*’ M Bs*, or at * axed date.

TRUST F17BD8 AND TRUST INVESTMENTS
ar* Kept separate and apart from tb* aesats of tb*

OTTO YOUNG.
OFFICERS:
pr**M<mt

CHAR U. HCLBCBD, Vtoa-PrastdanL
SAMUEL D. WARD, Tr***ar*r.
LYMAN A. WALTON. Secretary

Jamieson & Co.,
1.N7 D E A R B O R N

STREET,

C h icago , ilia .

t Private wire to New Tor* and Philadelphia,

Loeb

m

S lS ^ iu x m

loim J. ) M

tOG-PrMldent,

ttfftS
r*
m. U. Mitch all,

T re a t m oney* and treat *«eur1Ua* kept eaparat*
from tb * aaaet* o f tb * Com pany.

Sc Gatzert,

H A L L E S T R E E T , C H IC A G O .

Firit Korina*** fur sale In large and (mail amount*,
new ns taveattw* *. 5<* and* per cent, secured by
l»,rove d and tocome-baarlng Chicago a ir proparty.
Principal and Intareat payable Id H e ld .
OORRB8PONDKNCg SOLICITED.

a fa

orncsRat

Prmsdmit,

rhird Vion-Pr#*S<t«n*
Win* H. Held* THird
Gibb*, Cuh'r.
'libm 8 GibbB,
C u b’r. B. M. €
Chntu
;batUll. AfS't Cwk’ /
DIRECTORS

«£&8BT

John J, Mitch#
Q. Hibbard,
J. C. MoMalHn,
% S. Shipman,
} . Oirdcn Armoar.
fwhfl•rlelr T.

C O R R E S P O N D E N C E S O L IC IT E D .

Bliss, Fabyan & C o .,

a W Y N N G A R N E T T , P rM ldent.

A.
H. SELLER*.
Vlee-Preetdent.
NE
W Y O R K . B O sT O S , P H IL A D E L P H IA .
ARCHIBALD A. STEWART, Sacratary.
SBLUKO AOBNTa FOB LEADING BRANDS
CHAP. R. LAURA BEE. Traaaarar.
FRANK H. SELLERS. Trust Offlcar,
B R O W N an d B L E A C H E D S U I R T I M U S
DIRECTORS:
an d S H K K T I N C iS ,
Owynn Garnett,
Cba*. w . Draw,
PRINTS, DENDdB, TICKS, DUCKS, AC.
W .B . Karfoot,
4onn P. Wilton.
Horace (i. Cbaaa,
Bd*on Keith.
T ow el*, llu llta . W h ite G ood e and H osie ry .
John 0. Short*!!.
Geo. M. Borne.
Drills. Sheetings, dr., for Export Trade.
Jobe DsKom
A. 11. Sailer*.
*Samu*l B. Chaee.
COUNSEL.
Joi
n v ssrz -* .s s a

S EC U R E BANK VAULTS.

A . G.

Becker,

SrCCK5W',K TO

HES RMAN

SCHAFFNER

& CO.

COMMERCIAL PAPER,

GENUINE
V ELDED CHROME STEEL AND IKON

100 W ashington 8tre«t, ( hicago, III. "i.Konud anti Fi,it Barsand ^gly^lMate* and An*,-a.
la n n o t b e

M ORTGAGE RANKERS
135 LA

? f s » ; «$ s m u h i a

I* authorised by law to act a* Kagutrar of Stock*
and Bond*, executor. Receiver and T ra «** for ■
«*Ut#a. Syndicate*, Individual* and Corporation*.

b lO lK S -B O M W ,

ile a bar* New York and Quanta Stock Exchanges.

INTEREST ALLOW ED ON DEPOSIT--.
Thl* Bank I* directly under the Jurisdiction and

d o in g b u s ie r * * .

OFFICERS:
DIRECTORS,
CH AS. H. HC1.8UKD.
e » 0 . S. C 0W K B .
MAURICE ROSKNFKLD.
SAMUEL » . WARD.

C A P I T A L AN D S U R P L U S , - 9 3 ,5 0 0 ,0 0 0

C ap ita l, p a id -u p ........................... ,9 1 ,MOO,0 0 0
U ndivided earnin g*, Including

•com trait* of every ciiar»et«r from 00 art*, corpora­
tion* u d Individui*. TakaaasUrachantaofamalaa.

w alsh .

Tot*I debt Sept. 1 ,1 8 9 3 .$182,700
.........
.sinkingtend.....................
23,210
Net debt Sept. 1 ,1 8 9 3 ..
159,490
Tax valuation 1892
3,028,843
Assessment less than % actual vaL
Total lax (per 1,000!..
24 60
Population in 16 9 0 w a s.........9,934
Interest is payable at Bellaire.

CHICAGO.

9*4, 0 4 Ac 8 6 W A S H I N GTON S T R E E T .

$ 5 0 0 ,0 0 0

AUTHORIZED BY L AW TO RECEIVE and

ft.

5s, A AO, $50,000........ Oct, 1. 1900

,; 5s.. A.AO.
. $ .5 9 ,0. 0 0 .......Oct.
....... ,. , , 1. 1910

Company

EquitableT rustCompany

J.

When Due.

6*. Ma s . 14.765. ------- part yearly.

Title Guarantee Sc Trust Illinois Trust & Savings

The

AZKL F. HATCH.
M. W. KEftWiN,
HARRY HU8KNS.
J.IIL WALSH.

$54,356 13
28,298 10
51,337 61
3,938 16

W A T E R W O R K S .—The water works construction account to Oct.
1 1892 amounted to $6,194,241 52,
In year 1891-92 incom e from
water rents was $385,565 0 9 ; cost o f maintenance $34,782 4 5 ; inter­
est on water loans $300,105.

CHICAGO.

CHICAGO.

SURPLUS,

7!i
09
40
65
14
09
85

65 i

a. 0 . SLAUGHTER, Member N. Y. Stook Bxehange.
VM. Y. BAKER, Member Chioago Stock Exchange.

O . Slaughter & C o ,,
BAN KERS,
1 1 1 -1 1 3 L A S A L L E S T R E E T ,

C H I C A G O , IL L S.
Clllcng® S e c u ritie s B ough! and S old ,

Drilled,' an d poaltfyely
Burglar-Proof.

o i i h c .u k s t e e l w o r k s
to ie M s n 'f'e r s In th e U .8 .

,

B R O O K L Y N , M. Y .

A rch’d. J. C . Anderson, ^
P U B L IC

ACCOUNTANT,

1 2 7 W a te r S tre e t,

-

NEW YORK.

THE CHRONICLE.

654

[V ol. LV1I,

(Companies.
U nion Trust Com pany United States Trust C o.
OF NEW YORK,
4 5 and 4 7 Wall Street.
80 Broadway, New York.

C A P I T A L .......................... $1,000,000
S U R P L U S ........................... $ 4 ,2 7 4 ,7 7 1 31
Authorized to act as Executor, Administrator,
Guardian, Receiver or Trustee, and is
A LE G A L DEPOSITORY FOR M ONEY.
A cts ns Trustee o f mortgages o f corporations, and
accepts the transfer agency and registry of stocks.
Allows interest on deposits, which may he made at
any time, and withdrawn on five days’ notice, with
Interest for the whole time they remain with the
company.
For the convenience o f depositors this company
also opens current accounts subject, in accordance
with its rules, to check at sight, and allows interest
upon the resulting dally balances. Such checks pass
through the Clearing House.
Attends specially to the M AN AG E M E N T OF
R E A L ESTA TE and to the collection and remit­
tance o f rents.
It makes ample provision in its
N E W B U R G L AR A N D FIRE PROOF V A U L T S
for the safe keeping o f securities placed in its cus­
tody, on which it collects and remits income.

C A P IT A L

TE N

AND

SURPLUS,

MILLIO N

DOLLARS.

This company is a legal depository for moneys
paid into court, and is authorized to aot as guardian,
trustee or executor.
INTEREST A L L O W E D ON D E P 08IT 8
whioh may be made at any time and withdrawn after
five days’ notice, and will be entitled to Interest for
the whole time they may remain with the company.
Executors, Administrators or Trustees of Estates,
Religious and Benevolent Institutions and indi­
viduals will And this Company a convenient de­
pository for money.
JOHN A . S T E W A R T , President.
GEORGE BLISS, Vice-President.
JAMES 8. CLAR K 8econd Vice-Pres’t.
H EN R Y L. TH O KN ELL, Secretary.
LOUI8 G. H AM P TO N , Assistant Secretary.

Daniel D. Lord,
Samuel 81oan,
James Low
W m . W . Phelps,
D. Willis James.
TRUSTEES.
A . Stewart,
H . Van Rennsl’r Kennedy, John
W m . Whitewright,
Krastus Corning,
James H . Ogilvie,
H enry A . Kent,
Jno. H . Rhoades,
R. T . Wilson,
James T. Woodward,
W m . F. Russell,
George A . Jarvis,
C. D. W ood.
C. Vanderbilt,
G. G. Williams,
James N. Platt,
R. G. Remsen,
D. C. Hays,
W m . A lex. Duer,
Edward Schell,
Amasa J. Parker,
Charles H . Leland,
Edward King,
Samuel F. Barger,
Geo. C. Magoun,
E. B. Wesley,
D. H . McAlpin,
W . Emlen Roosevelt,
59 C E D A R
Chauncy M. Depew.
Gedrge B. Carhart,

TRUSTEES:

Anson P. Stokes,
George Bliss,
W m .L lbbey
John C. Brown,
Edward Cooper,
W . B ’y’d Cutting,
Chas. 8. Smith,
Wm.Rockefeller,

A lex. E. Orr,
W m .H . Macy.Jr.,
W m . D. Sloane,
G. H . Schwab,
Frank Lyman,
Geo. F. Vietor,
W . W ald. Astor,
James Stillman.

N e w Y ork Guaranty &
Indem nity C o .,

E X E C U T IV E COMMITTEE.
W m . Whitewright,
G. G. Williams
Edward Schell,
E. B. Wesley,
Geo. C. Magoun,
C. D. Wood,
D. C. Hays,
James T. Woodward.
E D W A R D KING, President.
CORNELIUS D. W O O D ,> Virp Pr(V,l f W «
JAM ES H . OGILVIE,
$ Vice-Presidents.
AUG USTU S W . K E L L E Y , Secretary.
J. V . B. T H A Y E R , Assistant Secretary.

Manhattan Trust Co.
C A P IT A L ,

.

.

.

.

$ 1 ,0 0 0 ,0 0 0

Corner of W all and Nassau Streets.
A Legal Depository for Court and Trust Funds and
General Deposits.

l i b e r a l R a te s o f In te r e st P a id o n B a la n c e s.
OFFICER S:

J. I. W A T E R B U R Y , President.
JOHN K E A N , J r ., Vice-President.
AMOS T . FRENCH, Second Vice President.
E X E C U TIV E C O M M ITTEE:
August Belmont,
H . L. Higginson,
H. W . Cannon,
James O. Sheldon,
R. J. Cross,
John Kean, Jr.,
John R. Ford,
John I. Waterbury.

Mississippi Valley Trust

STREET, NEW YO R K ,
M u t u a l L ife B u i l d n g .

C A P IT A L ,
SURPLU S,

U ND ER ST A T E SUPERVISION.

9 2 0 0 ,0 0 0

deposited w itli S ta te Officer to
protect tru st lia b ilit ie s .

A G EN ER AL TRU ST COM PAN Y BUSINESS.
Allows Interest on Deposits.
Authorized to act as Executor, Guardian, Receiver,
Trustee, &c. Manages Estates. Collects Rents.
Becomes Surety on all kinds o f Court Bonds.
Has Safety Deposit Vaults; a Savings Department.
IN V E STM E N T SECURITIES A SPECIALTY.
*
DIRECTORS.
Charles Clark
L. G. McNair,
Chas. H . Bailey,
Thos. T. Turner, John D. Perry, Thos. E. Tutt,
W m . F. Nolker,
John Scullln,
Geo. H . Goddard,
T. O’Reilly, M. D., J.T.Drummond, James Campbell,
Sam’l M. Kennard, S. E. Hoffman, August Gehner,
Aug. B. Ewing,
D. W . Caruth, Julius S, Walsh,
8. R. Francis,
n
' uchortni<nn..nn tBacon,
> «—
B. lF.
Hobart, w
Williamson
OFFICERS.
J ctlius S. W a l s h , President.
J o h n D. P e r r y , 1st Vice-President.
J o h n S c u l l in , 2d Vice-President.
B r e c k in r id g e J on es . Secretary.

St. Louis Trust C o .,
C O R N E R 4th A N D

LOCUST STR E E TS,

St, L ou is, M o.
C a p ital and S u rp lu s,

.

.

9 3 ,0 0 0 ,0 0 0

D IR E C T O R S :
John T . Davia,
Alvak Manaur,
Daniel Catlin.
Edward S. Rowae,
Barn’l _vV. Fordyoe,
Jno. A . Scudder,
Adolphus Busch,
Edward C. Simmons,
Henry C. Haarstlck,
Edwin O. Stanard,
I ® . L. 11
J. C. Van Blarcom,
Chas. D. McLure,
Edwards Whitaker.
THOS. H . W E ST, President.
JOHN D. F1LLE Y, Secretary.
A . C. S T E W A R T , Counsel
Eicoutes Trusts of every description.
Beghtrar, Transfer Agent, etc.

TRUST

COM PANY.

BO STO N ,
C a p ita l,
S u r p lu s ,

-

MASS.

-

.

$ 1 , 0 0 0 , 0 0 0 OO
5 0 0 , 0 0 0 OO

T ran u acts a G e n e ra l H a n k in g B u sin e ss.
A L L O W S IN T E R E S T O N D A L L Y B A L A N C E S S U B J E C T
TO

CHECK.

TRU STEE U N D E R M ORTGAGES.

TRANSFER AG EN T

R E G IS T R A R .

BOARD OF DIRECTORS.
T. Jefferson Coolidge, Jr., President.
Oliver Ames, 2d,
John F. Anderson,
John L. Bremer,
Martin Brimmer,
T. Jefferson Coolidge,
George F. Fabyan,
George P. Gardner,
I'rancis L. Higginson.
Henry S. Howe,
Walter Hunnewell,
William P. Mason,
George v. L. Meyer,
Laurence Minot,
Richard Olney
Henry R. Reed,
Lucius M. Sargent,
Nathaniel Thayer
John I. Waterbury
Stephen M. Weld,
Henry C. Weston.
T. J e f f e r s o n C o o l id g e , J r ., President.
G e o . P. G a r d n e r , G o r d o n A b b o t t , v iee-Pres’ts.
C. S, T u c k e r m a n , Vice-Pres, and Treas.
E. A. Phippen , Secretary and Ass't Treas.
Joseph G. Stearn s , Ass't Secretary

AMERICAN LOAN
AN D

TRUST

$ 2 , 000,000

COMPANY,

B O S T O N , MASS.

$ 1,000,000

C A P I T A I i,
$ 1 ,0 0 0 ,0 0 0
SURPLUS,
5 0 0 ,0 0 0
A legal depository of moneys paid into Court
and for Administrators, Executors, Guardians and
Trustees
INTEREST ALLOWED ON DEP08IT8.
Trustees under Mortgages, Transfer Agents *na
INTER EST A L L O W E D ON DEPOSITS.
Registrars of Stock.
E D W I N P A C K A R D , P resid en t.
BOARD OF DIRECTORS.
A D R I A N I S E L IN . J r ., V ice-P resid en t.
John Q. Adams,
David P. Kimball,
Frederick It. Ames,
George C. Lord,
G E O , R . T U R N B U L L , ‘J d V ic e -P re sid e n t.
Oliver Ames,
William Minot, Jr,.
H E N R Y A . M U R R A Y , T r e a s . and Sec.
Edwin F. Atkins,
S. E. Peabody,
Isaac T. Burr,
Albert A. Pope,
J , N E L SO N B O R L A N D , A s s is t. S ecretary*
Benjamin
P.
Cheney,
Alexander
H. Rice,
DIRECTORS.
C. E. Cotting,
N. W . Rice,
Samuel D. Babcock,
Augustus D. Jullliard
F. Gordon Dexter,
R. E. Robbins,
Frederic Cromwell,
Tames N. Jar vie,
Henry D. Hyde,
W . B. Thomas,
George F. Baker,
Richard A . McCurdy,
S. ENDICOTT PEABODY, President.
Walter R. Gillette.
Alexander E. Orr,
N. W ORDAN, Actuary.
Robert Goelet,
Edwin Packard,
George Griswold Haven, Henry H . Rogers,
E. A. COFFIN, Treasurer.

Oliver Harriman,
Henry W . Smith,
R. Somers Hayes,
H . M cK. Twombly,
Charles R. Henderson,
Frederick W . Vanderbilt,
Adrian lselin, Jr.,
William C. Whitney,
J. Hood W right.
E X E C U T IV E COMMITTEE.
Samuei D. Babcook
Richard A . McCurOy,
Freaenc Cromwell,
Edwin Packard,
George Griswold Haven, H . McK. Twombly,
Augustus D. Jullliard,
Henry H . Rogers,
Adrian lselin, Jr.

N ew

Y ork

Security &

Trust C o .,
40 W A LL

STREET, N E W Y O R K .

C a p ita l, $ 1 , 0 0 0 ,0 0 0 I S urp lus, - $ 5 0 0 , 0 0 0
U ndivided Profits, $ 5 3 S ,7 7 6 .

jfat^ J p c rtp p djo.,

803 N. 4th Street, St. Louis, Mo.

COLONY

In addition to its special charter privileges, this
Company possesses all the pow ers of Trust Companies
under the New York Banking Law s; acts as Trustee
for Corporations, firms and individual •, as Executor
or Administrator o f estates, and is a .egal depository
of trust funds.

Com pany,
C a p ita l....................................................9 1 ,5 0 0 ,0 0 0

OLD

5 9 C E D A R S T ., N E W Y O R K .
C A P IT A L ,
SURPLUS,

.
.

.
.

.
.

.
.

CHARTERED

$ 2 ,0 0 0 ,0 0 0
5 0 0 ,0 0 0
1871.

W e offer to investors, at par and interest, until fur­
ther notice, our

5o/o FIR S T M O R T G A G E
T R U S T GOLD BONDS.
in denominations o f $1,000, $500 and $100. These
bonds are the direct obiigations o f the Company
additionally secured by first mortgages on Im ­
proved Real Estate deposited with the New York
Guaranty & Indemnity Company o f New York,
as Trustee. Bonds are dated August 1st, 1893.
payable in 2 0 years, and redeemable at option of
Company after 5 years.

C H A R L E S R . H E N D E R S O N ...... P resid ent
L U T H E R K O U N T Z E ........... V ic e -P re sid e n t
G E O R G E W .Y O U N G .i d V . P re s’ t & T r e a s .
A R T H U R T U R N B U L L ...A s s is t a n t T r e a s .
W I L L I A M P . E L L I O T T ................ S e c re ta ry
D IRECTORS:
Samuel D. Babcock,
William Babcock.S.Frisco. Luther Kountze,
William E. Bailey, Seattle. Charlton T. Lewis,
Charles D. Dickey, Jr.
Lewis May,
William P. Dixon,
Theodore Morford,
Robert A . Granniss,
Richard A . McCurdy,
Theodore A . Havemeyer, Robert Olyphant,
Charles R. Henderson,
Edwin Packard,
James J. Hill, St. Paul,
William W . Richards,
Gardiner G. Hubbard,
James W . Seymour, Jr.,
Gustav E. Kissel,
James Tlmpson.

T h is Com pany T ra n sa cts a G e n e ra l T ru s t
B u sin e ss.

A.

Strassburger,

STOCKS & BONDS B R O K E R

Acts as’
80U T H E B N INVESTM ENT SECURITIES,

CHARLES S. FAIRCHILD, President.
WM. H. APPLETON, 1st Vice-Pres.
WM. L. STRONG, 2d Vice-Pres.
JOHN L. LAMSON, Secretary.
ZELAH VAN LOAN, Asst. Secretary.
Authorized to act as executor, trustee, administra­
tor, guardian, agent and receiver.
Receives deposits subject to sight drafts, allowing
interest. A legal depositary for court and trust fundsA designated depositary for the reserve of State
banks. Accounts of banks and bankers solicited;
special rates of interest allowed.
TRUSTEES.
C. S. Fairchild,
C. C. Baldwin,
J.G. McCullough
W . H . Appleton, M. C. D. Borden, W m . H . Beers,
W m . L. Strong,
B. Aymar Sands,H . Hoagland,
John
King,
W . F. Buckley,
James J. Hill,
8. G. Nelson,
J. W . Sterling,
E. N. Gibbs,
W m . A . Booth,
F. R. Coudert,
H.W alter W ebb,
Edward Uhl,
James Stillman, John A . McCall
James A . Blair.

Knickerbocker
Trust Com pany,
2 3 4 F I F T H A V E ., C O R . 2 7 T H S T R E E T .
Branch office, 18 W all St. and 3 Nassau St.

C A P I T A L A N D S U R P L U S , - $ 1 ,0 0 0 ,0 0 0
DESIGNATED LE G A L DEPOSITORY.
Acts as Executor or Administrator of Estates and
as Guardian, Receiver, Registrar, Transfer and
Financial Agent for States, Cities, Towns, Railroads
and other corporations.
JOHN P. TOW NSEND, President.
CHARLES T. B A R N E Y, Vice-President.
JOSEPH T. BROW N, 2d Vice-President;

D IR E C T O R S :
Joseph S. Auerbach,
Harry B. Hollins,
Jacob Hays,
Charles T. Barney,
A . Foster Higgins,
Robert G. Remsen,
Henry W . T . Mai .
Andrew H. Sands,
James H . Breslin.
Gen. George J. M ^ ee,
I. Townsend Bur .en,
Alfred L. White,

John S. Tilney,
E. V . Loew,
Henry F. Dimock,
John P. Townsend,
Charles F. Watson,
David H . King, Jr .
Frederick G. Bourn
Robert Maclay,
O. Lawrence Perkins
Edward Wood,
W m . H. Beadleston,
Chas. R. Flint.

FRED’K L. ELD RIDGE, Secretary.
J. H E N R Y TO W N SEND..Assist. Eecretary