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HUNT'S MERCHANTS' MAGAZINE.
AND COMMERCIAL INTERESTS OP THE UNITED STATES

REPRESEN'TINO THE INDUSTRIAL

NEW

VOL. 43

YORK, OCTOBER

l^inatuial.

16,

|^in»ticiat

AMERICAN

^ttmttciAl*

DIAMONDS.

YORK.

hlil|iiil«<

aaAw

1»T».

182 Broadway, Cor. Joks Street

Pnvms or
BONOS. POSTAGE A REVENUK STAMP*.
LCCAL TENDER AND NATIONAL BANK
EnoATsas AMB

NOTES of the UNITED
ForaiBN Cov*mm«nta.

STATES; and

for

"

I

GORHAM

M'fg

Co.,

Broadway and Nineteenth

SAFKrY PAPIR*.

AXD

Street,

MAIDEK LANS.

K-IRt-SIPH.NTS

A

P.

PomB, PlWL

Bros.
Co.,
BANK KR8,
ILWAIKBB, Rns.

D.

i.

COLLBCTIONS mad* In aar part of th* eoantrr
1 lowaat ma*. Aeanmu of Baaka, tiarekanu
and
o« kna«eM«l i *«l
BlTIH TO—
M»l*iatl' Mattoaal Back aad Baak of Noctk Aaaara. N«« Tork
Marohaou' Natloaat, Chl«*«0( Mar-

W. WOBX. CMhl«r.

Maverick National Bank,

M«a»«n M.

....... $400,000
........
400,000

AMoaaUo<

w

Floyd- Jones

l

aoBd* koa«kt aad

&

nM.

S.

W.

Wm.

C

IS

BROAD

Kohn &

InTMJment

PriTat* wlf* to

N*. Sf

!

NASSAU

aUow lat«rHton

CoBRxapoxDEHTS

W. CLARK A CO..) p_„ .„_ ._-.
HILL A KKHNEDT, { P"n,AD«LrRIA.
DEVENB A TtlCKBRMAN. BoROH.

B.

ST.,

BOX

J.
No. S

&

Whitely,
NEW YORK.

Ho. 64 RROADWAY,
RKAvrw ,,„,r«.(l«>Plfth
Bur and

At*.,

N*wTork.

on oommlaslon all c aaa** of Rallroai
tecarlUasialao Oral* and Prorlalona.
PriTai* T*lasrapli wtra* to PbUadalphta, WUmlag.

NEW TORK.

dallr balaooaa.

H. Latham

&

Co.,

*

UNITED BANK BUILDING,

WALL STREET, NEW YORK.

CItT. OooatT, Btat*. Kallroad, Dlitrtot of
BoDda and Forelim SjioliaaB*b
I

n. CBDOXB OAKLBT.

II.

aall

l

N*w UarSB

Buttrick

Railroad Bonds.

&

Elliman,

1,488.

Job* Howabd latbah, Pbbdbbiob w. Pikbt
M*mb*r of N. r. Stock Bzehaog*.

STOCK BROKER.
Lansdale Boardman,
NEW VORK,80BBOAbWATASNEWBT
T «•«, N. T., No. 17 riBBT STRKBT.

.

UuDOk, Wuhlncton.D. 0.
Wh. R. THATkHS, Apeelal I'artoor.

IIbhkt

Specialist* In

mmla for loetltnUuni and trait food*.

*•*•

(kcUittaa

RROADWAY, NEW YORK.

Bo*ton and Pittabors.

OorarBHaiit, BUta, Conntr, Cttr and Railroad
bond* oonitantir on hiind f or lale or ezohanne, aad
parMealar attentluri Klven to th* nbjaot of Inreat-

,

a'onklp: «(tvaUwlr*i aB

74

ton, Baltlmor*. W**hln4iton, Brld(*Port,

Co.,

BaottT* 4apa*lt« aatject to «b*ek at tlcht aod

TI.\HER * WESTON,
BANKERS AND BBOK£B8,
M*. • RXCHANOR C O V R T
""^

&

Traoaaet a tancral banklnc biulneaa, Ineladloa tha
porehaaa aad aala of aacarltla* Uatad at th« N*«
Tork Shwfe Bxehaof*, or In th* opsB market.

laTrMaeal Baa4* a f>l»rrla1lr.
Raalera In miaeallaaaoaa SacnrlUea.
Prlaie

'•

^^

Sacnrltta*.

S. Ives

P. O.

Ezecale Order*
Roads, Stock* and
ForrlKn Kxckance.

ISSKtS?"-^
At* Wunuii

Ac

Prince

BANKERS.

ST. (Miua BmAOio), H. T.

Co.,

MATNABOC. BTUB.

New Turk. Baltlaiar*aadotk«rplaoM

Henry

&

B. Hollins

JAMBS WBITkLT,

Partlrolar attantlnn tfiTen to iDforoiatloo r«a*rdln*

Co.,

Haw Vork.

T«

Cor. Tbird aod Cbeatnat Sta.,

Il*ab«n of l««w Tork Stock Xs^BOca.

-""*" *•

Stre«ta.

Bboadwat.)

BANKEHS

Co.,

Boada, A«., butucbt aod told on comUaaloD
In Hblladelptaia and other cttlaa.

New York.

K;?grv«*s..jesttU?

A.

H.

PHILADELPHIA.

Bond* and C. 8. OoTaraB«Bt
nimlllij
"
Boiwlit aotf 8014 00
PlxtTlkJi
Boaiaoif

J.

&

i«e*tTad nb]ect to check at ilghl, and
latarcat allowed uo dally lialaaeaa.

ANKERS AND. BROKERS,
SC««ka,

8M>

of the New Tork Stock Kichange.
DH
of Mwvhaals' Kichang* National Bank,
American gaTlnci Bank. Amarloaa 8af* Depoalt
Cvapaor.
A«.
8*cnnU** buniibt and aold 00 eommlaslon, for
c*ab or on marilr.. All loqalri** gratnltonslj r**ponded to. Curreapondenc*aollelt*d.

aad PhlladalphU Btoek KxehancM.

BANKKRS,

Robison,

Ho. a Kzckanc* Coart,

r.

H. Taylor

L.

Baak* aaa SaBkan olMMdL
OoDMUoa* •«• m^om IkTOfaM* laraa.
OiiiMi

(BuAxca Orrirk,

!

BOSTO.V

CAPITAL,
IKPLin,

&

Houghton

:

SHEPARO,
W. M. SMILLIE.
TOURO ROBERTtOC
TNEO. H. FREELAND, $«ct>tn4Tl

AaA

Trowbridge,

BANKER AND BROKKR,
NoB. 8*5 Rroad or 29 Wall

Ac

•k«« C>r4., Lak«U, C.l.»««f.
BLANK BOOKS OF EVERY DESCRIPmn
ALBERT 6. 6000ALL, VntHmlL
V!'

of th* NawToik
etock Kxchana*

I

DlCKLtaoB. I

r*etor

unotutmejme rmnmrma.
KAILWAT TICKETS MP I M P—T«»

1 MACOONOUGH.

r.

F. E.

SOLID SILVER.

•twi4a>M«i
L PLATCa,

SAFETY COLOM.

Waixoit,

PBABB

>

II

Btocka aod Bonds buagbt and lold on Commlaaloa.
r*o*lT*d la MInUid Stock*, aod In Cnllitad
Saearttla*. CoUaotlon* oiad* and loan* a«(otlatad.
DlTldoBd* aad Intaraat ooll*olad.
D*po*tta taa*iT*« abjaet to Draft.
Intaraat allowad. Inrtatmaat •aeoritla* a •paalaltjr
W* Issn* a naaaolal Raport w**kl7.

OTd«n

Job. C.

KMCRATIMC AND PRINTIMG.
I
Baxk !<(OTr<.«n\itr rrKTtriCATKa, «•!!•
rou l.ot llNMl Mr. AM> C*Kr«ltATMM^
pKvtf, iHiiik'.. iiii.i^ ar ExcMAiieE,
•TAJ1I-»,A<-

Co.,

IMPORTERS,

Un tt MM. •( !«• T««, l(Mk

»inwiUil

&

Alfred H. Smith

Co.,

BAKEBR8 AND BROKBR8,
No. 34 Pine Street, New York.
Transact a tieneral Banking Bn8lB«M

78 TO 86 TRINITY PLACE,

BMkMM rMHi4«4 ITM.

&

C. Walcott

J.

Bank Note Company,
NEW

NO. 1,112

188a

Oorrwpondenc* 8oUott*d,

Colamkla

18

W^ALL STREET,

NEW YORK.

CORRE8PO>rDEN0E ISVITED

William T. Meredith,
48 WALL STREET,
(Bank of

Now Vork

Building).

Bond* and Stocka bought and
Tork Stock Kxchange.

sold at th* Neir

BONDS AND INVB8TMBNT 8B0URITIB8 FOB
SALE.

W. H. Goadby &

Co.,

BANKERS AND BROKERS,

No. 34

RROAD 8TREE1,
New

York.

THE CHllONICLK
gatilinB

&

Morgan

Drexel,

grawjcrs of Jforeigu l^xctiange.

atijft

&

Co., August Belmont

Co.,

BANKERS,

WALX. STREET, CX)RNEE OF BROAD,

NEW

[Vol. XLII.

No. 12 Plue Street,
ISSUE TRAVELERS' CREDITS, available

YORK.

the;

INVESTMENT

of Philadelphia.

In all

parts of the World, through

Drexel,HarJe8&Co Mesara. N. M. RothMchlld Sc Sona, Liondon.
Drexel & Co.,
"
de Kothnclilld Broa., Farts.
•<
Oor. of Btb A Ctaestn at Sta. 31 Boulerard HsQMmann,
M. A. df> Roihacblld Ac Son*. Pranktort o\iii.
PARIS.
PHILADELPHIA
8. M. deKotbacblld, Esq., Vienna.
THKltt CORHKSPONDKNTS.
and
D0MB8110 AND FOREIQS BANKERS.
Draw

Deposlu received subjoct to Draft. 8ecnritte«
bongnt and sold on commission. Interest allowed on
Deposits. Foreign Exchange. Commercial Credits.

tera to,

.

Circular Letters for TraTelers,
Cable Transfers.
kTElUble in all parts of the world.

Attornkts and AOEirrs o»
J. S. inORGAN & CO.,

o.

310

CIIESTXUT HTliEJBT.

Capital, S*2,000»000. Full paid.
Fuys and sells Bills of Rxcban^e, drawloK on
Hroa. A Co., London, ulso on Paris and

BarliiK
Berlin.

Acts aa Financial Agent In tbe negotiating and
marlieting of Securities.
Deals in Honda— Corporation, Hailr^iad, Stale, Municipal, &c Executes order*
on CDramlRsinn in Honds, Stockf«. &c Collects interest
Ileceives money on deposit, allowing interest.
As desirable Investments offer, will
issue Its Debenture Bonds, secured by its capital and

and dividends.
assets.

Officers:

WILLIAM BROCKIE. I'resiilpnt.
WHARTON BAliKEK, Vice-President.
Nenr York.
HENRY M. UOYT. Ji(.. Treasurer.
ETliKI>BKKT WATTS, Secretary.
Issue Letters of Credit for TraTelerg
Board of Directors— William Brocltic. George 8.
On SELIGMAN BROTHERS, London.
Pepper, Morton BlcMicbael. Wharton Harker, llenry
SELIGMAN FRBRKS 4 CIE, Paris.
Gibson,
Wistar Brown. William IVtter.
SELIG.MAN * STBTTHEI.MER, Frankfurt. C.AdvisoryT.Committee of Strckhulders.—
George M,
ALSBEKG, GOLDBEliO & CO.. Amsterdam. Troutman,
Gustavus English, Isaac II. Clothier,
ALTMAN & 8TKTT11EIMER Berlin,
William Pepper. M. I).. Thomas Dolan, John G.

Brothers & Co.,
NEW YORK. Boston.
AND
ALEXANDER BROWN & SONS

Brown
Phila.

Payable in any part of Europe, Asia, Africa, Aus*
and America.
Draw Bills of Exchange and make Telegraphic
Transfers of Money on Eurot-e and California.
tralla

BALTIMOUB.

Bay and Sell Bills of Exchange
ON GREAT BRITAIN AND IRKLAND, FRANCE
OSIRMANY, BELGIUM, HOLLAND SWITZKRLANU, NORWAY, DENMARK,

Kennedy Tod.
U. O. NOHTHCOTS.

Member N. Y. Stock

&

Kennedy Tod

IN STSBLISO.

No. 63

ATallable In any part of the world, In Prancs for
Bte In Martinique and Uuadaloupe, and In dollars for
ase In this and adjacent countries.

Excta'ge

Co.,

WILLIAM STREET,

BANKERS.

Telegrapblc Transfers ol noner
this Country and Europe.

Between

OiTer Investment Secnrltles.
Buy and sell bonds, stocks and securities in all Am-

all

in the United States on
foreign ci luntries
•nd their London house. Messrs. BROWN, 8I1IPLKT
tlrms
A CO., receive accounts of American banks,
and Lndividuals, upon favorable terms.

and of drafts drawn

erican, Canadian, British and Dutch markets on commi'ssion. Collect dividends, coupons and foreign and
Inland Drafts.
Sell Bills

Heidelbach,
Ickelheimer & Co.,
29 WILLIAm STREET,
Oor.

Act as Agents for Banks, Bankers and Railroad
Companies.
Issue commercial credits, aUo foreign and domestic
travelers' letters of credit in pounds sterling A dollars.

COLLECTIONS OF DRAFTS drawn
BAKE
points in United States and Canada,
abroad on

Reading. Joseph B. <iilliDgham, J(»bn Waramaker,
Henry E. Smith, Charles B. Wright, Henry Lewis.
CraigeLipplncott,UamHton Disston, Clayton French,
Francis Hawle.

ALEXANDER BARING.

J.

8WKUEN AND AUSTRALIA.
laaae Commercial dc Travelers' Credits J.

Make

Co.

BANKERS,
BROAD STREET,

No. 23

OLD BROAD STREET, LONDON.

22

Exchange on, and make Cable Trana-

England, France and Germany.

& W. Seligman &

J.

neMn.

Bills of

CO.

of Exchange on

MELTILLE. EVANS A: CO.,'jL,ONUON.
t oivniiN
C. J. HAMIiRO <it SON,
MARCUARD, KRAIJSS Ac CO., tp.HI«
*^AK1S.

NEW YOBK.

Exchange Place,

FOREIGN BANKERS.
BUY AND DRAW BILLS OF EXCHANOB.
MAKE CABLE TRANSFERS, ISSUE TRAVELERS' CREDITS.

ISSUE COMMERCIAL CREDITS, ATAILABLB

ALL PARTS OF THE WORLD, ON

IN

Hessrg. C. J. Hanibro

&

Sou. London.

)

J.

&

&

Stuart

Co.,

BOTTINUUEK &

J.
NASSAU STREET.
BILLS OF EXCHANGE ON
SniTH, PAYNE & SniITH>8,
33

JESVP, PATON

"LIMITED,"

53 IVUIlam

MANCHESTER, PAYABLE IN LONDON
BELFAST, IRELAND;
AND ON THK

NATIONAL BANK OF SCOTLAND,
EDINBURGH AND BRANCHES!

•old.

ALSO,

CABLE TRANSFERS AND LETTERS OF CREDIT.

23

telegraphic transfers of money
ON MEXICO. CUBA. &c.. &c.

iteruatloual Bank or London
(Limited), London,
•rs. JoliB Berenberg, GossIer&Co.

Hamburg.

1

ISessrs. IHarcnard, Krauss tc Co., Paris
Commercial and Travelers' Credits.

Unger, Smithers
the

Co.,

FOREIGN BANKERS,
Nassau Street, New York,

&

New York

AND

ATTOENEY8 AND AGENTS OF

Co.,

Messrs.

BARING BROS. &

CO.,

London

COnmERCIAL CREDITS,

Stock Exchange

6

A.

KIRK,

RROAD STREET,

NEKT YORK.

Geo. H. Prentiss & Co.,
No. 49 WALL ST., NEW YORK,
Ain>

SOS

nONTAGVE

ST.,

RROOKLTIT.

GAS STOCKS
AKO

GAS SECURITIES,
Stocks and Bonda

Street Railroad

AND Aix kutds or

113 Devonsliire Street, Boeton.

BANKERS AND BROKERS,
of

&

Cable Transfers.

Exchange.

TOBEY

York.

Kidder, Peabody

Land

& Ohio Central Railroad Stock
and Scrips.

bills of exchange, letters of credit,

Ruckgaber,

COUIlK8PONDE.\T8 OF THK

Members

24 Exehance Place,

New

BANKERS'
TTILLIAin STREET, NEW^ YORK

Bills of

dc

RR.

Toledo

Co.,

COMMISSION MERCHANTS,

mads BT CABLX.
Paris House— mUNROE Sc CO.

39

Texas & Pacific Income and
Grant Scrip.

4

AND

Obedits Opknkd and payments

Co.'d Stock.

Detroit Mackinac & Marquette
Bonds, all issues.

BOUGHT AND SOLD BY

&
BANKERS

Use

Inu estmcttts.

American Bank Note

DRAW OK

Maitland, Phelps

Excbanee on London, Paris, Berlin
and Zoricb.

&

New

CO.,
York.

M>VtcinX

SCOTLAND.

No. S3 Hassan Street, Neiv Yoik.
No. 4 Post Office Sqnare, Boston.

Schulz

Street,

&,

THE UNION BANK OF LONDON
BRITISH LINEN CO. BANK, LONDON AND

Co.,

Circular Letters of Credit for Travelers'
Abroad against Cash or Satisfactory
Guaranty of Re-payment,

Co.,

Accounts and Agency of Blanks, Corporations
firms and Individuals received upon favorable terms
Dividends and Interest collected and remitted.
Act as agents for corporations in paying coupons
and dividends; also as transfer agents.
Bonds, stoclia and securities buuKht and sold on
commission, at the Stock ExchanKe or elsewhere.
Sterling Exchange and Cable Transfers bought and

ULSTER BANKING COmPANY,

luae

&

8U0CE88OR8 TO

nANCHESTER & COUNTY BANK,

&

i

John Paton

BANKEB8, LONDON

John Munroe

CO.,

BROOKL.TIV SECURITIES
DEALT IN.
8KB OAS QUOTATIONS IN THIS PAPHK.
Oko. H. PRiNTisg.

W. D. Prentiss. W. W. WA1.8B

Member N.Y.Stock

Excta.

nemphlii

&

Little

Rock RR. Ronds,

SXALXKS IN FOKKION EXCHANOK, OOVEHNiUSNT
miss. & Tenn. RR. Bonds,
Circular Credits for Travelers.
AND OTHER l.VVRSTMINT BONDa.
Carolina Central RR. Honds,
STERLING LOANS A SPECIALTY.
Greene
St.,
and
62
N.
Y.
44 l^Tall St.
Cable Transfers and Bills op Excbanoe on Ga. mid. ic Cult Kailwar Bonds,
Buy and sell on commission, foe investment or on
Atlanta & Cbarlotte A. L. R'r Bonda
the Oontinent.

m irgin, all securities dealt In at the

New York

Great Britain and

Stock

B tcbang&

liROTUEKS,
KOUKTZE
BANKEiiS,

Canadian Bank of Commerce.
CAPITAL,

J.

1«

H.

$6,000,000.

GOAUBY &

BtraPLUS,

B. E,
JOINT AGENTS,

|l,OiX),OaO.

<

WALKER,

EXCHANGE PLACE, NEIT YORK

BUT AND SELL STEItLING EXCHANGE, CABLE
TRANSFERS, ETC.
ISSUE COMMERCIAL CREDITS, AVAILABLE
IN ALL PARTS OF THE WORLD.

120 Broadway, Equitable Bailding, New York

LETTERS OF CREDIT AND
CIRCULAR NOTES

Issued for the use of travelers in all parts of the
world. Bills drawn on the Union Bank of London.
'Telegraphic transfers made to London and to various
filaoes In the United states. Deposits received subect to check at sight, and Interest allowed on balances. Government and other bonds and Investment
leoorltiea bought and sold on comxulsalon.'

ineni|iliis

And

A Obariestou RR. Bonds,

iniscellaneoas Securities,

Br R.

BOUGHT AND SOLD
A. LANCASTER ic CO.,
10 IVall Street.

IF Ton WANT TO BUT OB SELL ANT
OR BONDS
PUTS OR CA Ll.S ON STOfKS
write 10. teleirrHuh to. send for, or call od,
ll. W. ROSEN BAlIm,
60 Kxchnlis<* Pinrr, New A'nrU,

Send for

my new

Circular

juBt

issued.

OoroBKR

THE CBKOWICLE.

16. 1888.]

IJaulicvs

Fred. H. Smith,
BANKER * BROKER,
No. SO BBOAD ST., NBW T*BK.
TvaatT rmn' •ipartcDo*

Railiaad

In

BMda. Pw-

Unmrwit Bood* wU.
HMtab^M bar
'wnVrTiMMl'l '' rmll ml LoU or ulknalM
MQMrfor OMkar oo 11M0B.
r.R. •MfTTS.IIUabaB OoMOHdaMd Sto^ ud
i «* « n« ». W«w Tort.
a, W. atarm. I P«uo>—»
or Mil

fii

and Srolicrs iu ^euj TJorU

&

Taintor

Geo. K.

Holt,

Wall Bt., Cor. Raw, Raw
TRAKBACT a OKNBRAX BAHEIXO badnaM.

If o. 1 1

DBPOam

alloaatf oa

OOTBRNMEMT. MOKICIPAL

Bbt aa4 aaU

aAlLBOAO

ud IMTERBBT

reealTad

&

Townsend

and

BaaulUaa.

WaU

Raw

S«rMt,

WH.

caAiu.!*

T. C4BULUI,

&

Carolin

IT.

Cox

Cox,

Baakara A. ronmluloo Mock Brokar*
No. M BHUAUWAT,
BraaA Oa«a, SU MaOlMa A T, eor. «M St. M«« Tort
0«aoil>arM«**d aakjaot to tkaokat jlakuaal

I

Turner,

J.

raara' Maabanlilp in tha N.T. Btoak

Baakawa)

BARKBB AND BBOKKB,

MMatwo (ITW la CaMa* aiuailllH
raealTad aaklMt toCkMk U Mrtt.
ronwDOodMM BolMtad.

16

*

BBOAD

18

&

Huestis

WOOD *

IVBt
WAuntta

IL Bavwa.

Baaaaar

raas. a.

P.

Baovw.

Baowa

Walston H Brown & Bros
.

Raw

Ra. IB Wall Blraat,

Vark.

BUMfca aad Bond* Bnoabt aad BoM oa Coamladoa
Pait l calat aUaaUoo rlrag lo lafriraallnn raaardlas iBvatlaaat aaeanuiM.
loaa Uoaa A Traat Co. • par aaak Pakwiam

ACBTUI O. OOBAta.
Voblb.
Oba*.

Raa. BS

Bishop,
<

AMiM

WALL

11

R.

*

Ezeb

New

Tark.

onuifnaanUofBaUkia..

KQfi
AQfl

C->niil|

aa aad

lnv..tn(«nt •*4^u

Porataa Mm-

uivn«c...iT*.i>oO(
i

«nantolafor»»tl«iai«a»rdlii»

la«MiMaat flaoan' •*

MB CLARK

&

STREET. CHICAGO. ILL.

A. Dutenhofer,

BROKER
AXD
DeBler Ib MlacellaBeoRB 8«earltleai
MILI.a BCILDINO (Sd PloorJ
BooBu K A as.
S9 WALL HTRERT.
8TATB ANDCTTT BONDBOPOBOROIA, ALSO
8BCORITIB8 OP TUB CBNTKAL RK. A BANE.
INO CO. OP OBORUIA A OPKCIALTT.
ordarm.

J.

BOND

L. Robertson,

STOCK BROKBB,

A]VD

Dealer In laTeataieBt Seearities,
No. 7 NASSAU STREET,
(OontiiianU] Natknal Bank BuUdlBf,
Near Tork. f

BANKERS AND BROKERS.

la

VOBK. WIU Pflraia WirM u> riUCAiiU, UA1.T1MUKB
PHlLAOai.PlllA and latanaadlau Poiata.
Ha. If WALL ST., RBW TOBK.

Ctoiiec pou dcu ea coiloitad.
(jeoaailoni ohaarfallT fumlaha

Wa. H. Botaroa,

Mawber

W. ALaz.

&

Simons

• AHKKBB

&

B~~ MBH
l'

Ailing,

AlfB

BB9KBBB

Haw

Tark.

I

E

:V

S
.

,

.

Ba nklna Bactaaa, laaladtiia
(Of 8T0CEB aadBONDB for

Bay aa«

Ball

BOX tMl.
WATLAJtS TkABS. R.
W. C. HIU.

p. O.

A. M.

EmmB.

J.

MoBas.

IB

EMM

AJfO.DBrADLTBD BOMDB
COHRBBPONDBKCB BOUCTTBD.

Gilman, Son

&

Co.,

Ra. BB
la aadtuoa to

Howard

Braaefc

S,

Ezehaaca Plaea, N. V.

ear.
I

I

a Kalla St.. C'hieaaa,

Lapsley

Baearltlaa

Uated OB

EXCHANQE.
ciTeo to

UBTernBieBt A other iBTestnent Bonds
Corrccpondaaaa BoUcttad

&

Simon Borg
Re. 17

RAB8AV

ST.,

Co.,

RBW TOBK,

ALL BINDS OP

IN

Walsh & Floyd,
STOCK BROKERS,

BOODT.

Boa

447.

C. W.
Rap«a» LaLAjrp.

McT.ai.l.AW.

Stewart Brown's Sons^
STOCK BROKERS,

&

Co., ORITBD

AND BROEEB8,

W A T aa4 • EBW BTBKET,
nawnVark.

all

TRAKBACT A UK.NEIiAI, BANKINO BUB1NB88,
No. 26 BROAD STREET, NEW TORE.
INCLUDinU TUB I'L'KCHABBAND BALB OP
8TOCE8 AMD BONKH FOR CABB OH »N MABNioou. Pix>ti>,Jb
Olit. BUT AND MKI.L INVBMrklBNT -BCUBI- JAaaa w. WAum. Ja.
T1BB. INTBHBBT ALLOWBD ON DBPOBIT8
Menbar N. T. Stock Bzohanga
Bb'BJBCT TO CUBCK AT BIUUT.

Saaary

BA.VKF.RS

T4 BBOAS

BAKKER

m Braadwar.
OOre, 'M

D. A.

CBBAB

to

TORK BTOOK
EW pedal
Auentloa

BOUTnBBB BaCDBTTIBB A BPBOIALTT.

P. O.

BAJTKKBB,

Wescott,
New Tork,

Railroad aad laTeatmeat Seearitlesi

BBOAD

ST.,
BBOKBB IM ALL
OP IKT BB fMBE l
BOMDa. MiaCBLLAffBOCa IBCURITIBi

Ezeoota Oidara

DBALBRB

Jaalaiaaat

*

&

laaaataiaat BaaarlUaa.

Albert Pearce,
1«

T

T. Bloek Bz^anca.
T. Prudaea Bxahaaaa.

18 Wall Street,

«all al M. T. Mock Bzabaaaa. for
IU- I or oa MABOIE.ail '

'

W

*

Cahoone

WALL 8TBEBT,

dwabd p. Auiaa

Ra. SO Ptaa S«raa«,
Bar aaa

A

Raar Tork.

Dickinson
f

C^K Co.
R
B

Ra. IS

•fr'^ifrfco.k

Chew,

BTOCB BBOKBBS,

MaBbcr N.
Meaber N.

BAlTKKBa AED BBOEXBfl,
If •abanhiB Haw Torft Mack IHiimi.
MrBbmFSuarMpila iMMkEAaaaa.
Koa. I«* IB

!

,

BAaa, Jr.

N. TTiBtoak fcck aa.

Braadwar, N.
Bloeka, Boodc and Dnttad Btalaa OoTcnunac
Baoanuea Boaabt and Bold on CoBimlaclon.
BaraaLT CHaw.
Jaa. O. Buioaa.

Co.,

araadMUi
mSSun J.

Bass,

BROAD STREET. NEW TORK,

BrrOOKS, BONDS
Co., AND aiSOBLLANBOVB
BKCDBITIBS

Da a aUtcUp raiBBitBalnn Rnalnraa
BTOCBS, BONDS and OK.ll.N,

Tcan-

17

&

Rolston
No. 20

UTa

&

Kimball

J.

tor

Co.,

NEW TORK.

MTREET,

a Raahaaaa Caart
Ilia*

&

laraciora wlahlna to bor <>r .all are Inrliad to eaQ
Taapood. Pronipt and panonal attaatloo atraa

Jan ney,

John H. Uavis

BHOKP'
BA.XKBBD A.TD BHOKKK-S
BA.XKBBfl
Ml
SSI r*M( VrBBBT, NKW^
^~i Haw r<i*k
Tort Hock )
lavMn
la of iaaiik Baakaf* aad
allavaa aa aalaaaaa.

&

M. T. Btaek

BANEEBB,
SC Naaaaa St.,

adapiwit*
aad

VSW TORE.

Ife.

If aaibor

Chrystie

Panicalar cinrii

&

Co.,

CBAB. W. TCBVBB,

C

BAMKERA,

Hamilton

&

BANKERS AXD BROKERS.

la

wo. «o NAaaAti RrrBBBT,

I.II.^oooiraB.

Frank C. Hollins

H. Dewing & Son,
BAXKERS A.\U BROKE|l8,

lUa BalKInc, 35 WaU Bt., Raw Tork

DAVIS.

U

Maaibar* N. T. Stock Kzebance.

HikAM DBWUO. CLAKK DlWIXa. P. T. BoKTtCOO
CM aai b ir of Naw York Stock BxckucaJ

Co., Gorham, Turner

•fTccaaaoaa to

Intareat aUoaad oa daUr balAL
AU depodu rabjaat toebaek claht.
Partloalar attention to ordara by Mali or talearaa

AXD

BBOKKmS.

BANB.BSS AND

aall on CoaunlMlon, for eaah or on maralB
MoorlUcc dealt Is at the New Tork Stock Kk-

BANKERS AND BROKERS,

TraaaaaiaanBacBl Paaklag baatBan.laala4laatba
poranaaa aaa rata of rtoaka aad boa4a ^wiaab or or

VSW TORK.

pars STRKET.

31

Bar and
cbanaa.

NEW TORE.

BT.,

boaaat aad com.

Wood,

IN

FIRST-CLASS IKVESTME!VT8.

P.CBoixnrs. RB-BMBBaoK.

C.
(U

oroa aafKlB.
~

OBO. H. BOLT.

Q. D. L'BDILIBB.

T«rk.

Tork.

DEALBRS

all

TAUITOR.

Washburn,

BANKERS AXV BROKSR8,
H*. 6

S. B.

Sons,

Sistare's

16 ^k 18 Broad Street, Neva Tork,
lai Sooth Third Street, Philadelphia.
Tork. Coanactad br Prlrata wir« wltb main offloe. New

BANKERf),

PrlTita lalcsraph wtraato PrnTtdaaoaaod Boatoa

I.Ajiaxa C. WACunma.
Ckas. J- Towxasn.
ll«Bb«r N.r. flUMk tbIhih *.
mo. P. TowstsiXD, SpmUI Putnar.

©Itg.

BA.NKBBa.

BANK BDILDIRO,

Broadwap.
STOOKa, BOS DH * COXMMROUI, PA PBS.
Wall

Straat, coraar

Btoaba and Booda boaaht and cold oa oommlMlaa
ai Mair Tork Block lunhaafa. Adraaeca nada on
paper and otbcr laeactUca.

Raw

St.,

R. T. Wilson

&

04 Broadwap

dt

19

New Tark

Co.,

BANKERS AND rOMHISSION HEHCIIANTa^
B Hichaiise Ouart, Na«a Tork.

THE CHRONICLE.

IV

and

Ce^auadlatt

Sawlis awd ^^awUcvs.

^otJeiflti

Bank of Montreal.

W.

KEW lORK
N08.

59

General Manager,

OFFICE:

61 WALI. STREET,
Waltkr Watson, Agents.
.„„,.

tc

)

Alkx'bLanq,

J

Kxchange, Francs and Cable
Transfers ; grant Commercial and Travelers' Credits
available In any part o£ the World ; issue drafts on,
and make Collections in, Chicago and throughout the
Dominion of Canada.

Bay and

Office,

No. 32 Abcburcli Ijaue.

TRUST
Bank

AND

ADOEPH BOISSEVAIN

E.

&.

BANKKRS:

IjONDON. ENG.— The Clydesdale Bank (Limited.)
of New York, N. B. A.
NEW YORK—The Bank buys
and sells Sterling ExThe Neir York Agency
change, Cable Transfers, issues credits available in
all parts of the world makes collections in Canada
and elsewhere and issues drafts payable at any of
;

DEAUXQS

A SPECIALTY.
Cash paid at once for the above securities: or they
be sold on commission at seller's option.

Co.,

61 Wall Street.
demand drafts.
IIKNRY HAGUE,
Negotiate Railway, State and
I -agenis.
Asmts
B. HARRIS, JR., (

AGENOY OF THE

rate

and

rate,

subject to

Railway Share Trust Co.
(LIMITSD).

Buy and sell Sterling Exchange and Cable Transfers. Issue demand drafts on Scotland and Ireland,
also on Canada, British Columbia, San Francisco and

MCTAVISH, . „_..
STIKEMAN, j Agents.

up),

-

-

This Companv undertakes the business of Trustee

-------

H.

8.

HOWLAND, Pres't.

B. R.

$1,500,000
$500,000

WILKIE,

Cashier.

I1£AII OFFICE, XOROiVTO*

to

Loans of approved Railways, negotiates and

issues

Loans on the London Market, acts as Agent for

Thomas.

ter of

Ingersoll,

Cable Address— PATT,

Welland, Fergus, Woodstock, Winnipeg, Man.,
Brandon, Man., EIssci Centre, Niagara

&

STOCK AND EXCHANGE BROKERS,
TORONrO, CANADA.
Stocks and Bonds, Sterling Kxcbange, Drafts on

New

and sold at CUKK15NT PKICBS.
COLLECTIONS MADE.

Vorlt, iJOUKht

Hong Kong &

Aseut,

00
71

Undivided profits
National bank notes outstanding
Dividends unpaid

$1,000,000
200,000
7R nfS
49,5
»,1B7

00
00
76
00
2!J

Acceptances
Cashier's checks

3,30!l,66l Stt

21,927 90
Total
»10,54s,S04 71
State of New York, County of New Y<»rk, s»;
1, ALFHsn H. TiMPSox, Cashier of the abovenamed bank, do solemnly swear that the above
statement is true, to the best of my knowled-e and
ALi>'KEl> H. TI.'tfPSON, Cashier.
belief.
Subscribed and sworn to before me this llth day
EDWIN F. COnEY,
of October. 1880.
Notary I'ublicNew York Co.
Correct— Attest

JOHN T. AGNEW,
J
HKNItY M. TABHit, ^Directors.
FKKDERIC TAY'LUR,

OF THE CONDITION OF THE
REPORT
NATIONAL BANK OF THKltElMIBL,IC,
New

York, at the close of business Thursday,

7,

1886;

$6,079,935 54

198 SI
465,009 00
28,900 00

U.S. bonds on hand
Other stocks and bonds

Anglo- Californian Bank
(LIMITED).

LONDON, Head Office, 3 Angel Court.
SAN FRANCISCO Offloe, 422 California St.
NETV YORK Agents, J. & W. Seligman & Co.
Correspond'ts, Massachusetts N.

Authorized Capital,
Paid-up Capital, Reserve Fuud, - •

'

Bit,

$6,000,000
1,500,000

'

•

.400,000

Transact a general banking business. Issue Commercial credits and Bills of Kzchange, available in all
garts of the world. Collections and orders for Bonds,
tocl^, etc., executed u pon the most favorable terms.
FUHO'K F. LOW,
) M»„.»o~

N. LILIBNTIiAL, Cashier.

244,0:!5

Banking House
Expenses

28.91)9

«5

33,042 39

I'reiuiumspaid
Specie
Legal tender notes
Bills of other banks.

$1,005,420 22
830.732 00
30,312 00

Trade dollars
Checks Si oth. cash items
Exch's for Clear'g House
Due from national banks

Due from

69

637,081 18

400 00
10,760 84
»87,!i75 22

677,928 00

State b'ks and

bankers

109,405 71

Redemption fund with
U. S. Treasurer (5 per
20.925 00 —4.079,867 99
cent of circulation). ..
$11,591,653 93
Total
LIAblLITIES.
$1,500,000 00
Capital stock paid In
500.000 00
Surplus fund
155,670 04
Undivided profits
41,558 65
Keserved for city taxes
SOiviaO 00
National banknotes outstanding
13,578 50
Dividends unpaid
$2,469,660 68
Deposits-Individual
4.799,531 27
I<ational banks
1.130.038
bankers
73
Slate banks &
71,80.) 03
Demandctfs. of deposit
5:)o,175 37
Certified ciiecks
19.354 68 -8,090,526 74
Cashier's checks outst'g
$11,591,853 94
Total
of
New York, ss.
State of New York, County
I. B. H. Pollen, cashier of the above-named
bank, do soiemnly swear that the above statements
Is true, to the best of my knowledge and belief.
.

Shanghai

Paid-up Capital
$7,800,000
Reserve Fund
4,500,000
Reserve for KquallKation of Dividends...
500,000
Reserve Liability of Proprietors
7,500,000
The Corporation grant Drafts, Issue Letters of
Credit for use nf Travelers, and negotiate or collect
Bills puynble at Bombay, Calcutta, Slngupore, Saigon,
Manila, Hong Kong, Koochow, Amoy, NiDgpo,
gnanghai, Iiauliaw, Vokohama, Uiogo, San Francisco
and London.

TUWN8END,

Surplus fund

KESOURCKS.
Loans and discounts

THE

P.

BANKING CORPORATION.

A. M.

00
00
00

October

LONDON.

IGNATi! STBINhIAET, J "*°*«8"-

FOREIGN.

25
33

00

U. S. bonds to secure circulation

BOSTON

Buchan,

13.a7rt
5.(i53

3,584,037 50

Overdrafts

:

Gzowski

46
54

3,6ll8

of

-Promptest attention paid to collections payable In
any part of Canada.
Approved Canadian business paper discounted at
the Head OfBce on reasonable terms, and proceeds
remitted by draft on New York.

30,4-10

385.000 00
200.000 00
25.355 03

00
Fractional currency (including nickels)
907,427
Specie
488,150
Legal-tender notes
Itedemption fund with U. S. Treasurer (5 per cent of circulation)
2. 475
?10,54S,3t)4
Total

payments of Interest on Loans, Dividends on

or Registration of Stocks in London, or otherwise.

Fails and Gait, Ont.
Dealers in American Currency & Sterling Exchange.
Agents in London
Agents in New York
Lloyd's, Burnett's & Bos- Bank op Montreal,
anquet's Bank, limited,
09 Wall Street.
62 Lombard Street.

IIM 75
00
00
41

55,000
50,000
130.555
3uo,H34

:

Railways and other Corporations, either in the mat-

BRANCHES:
€t. Catharines, Port Colborne, St.

$4,360,855 48

v. S. bonds to secure circulation
IT. S. bonds on hand
Other stocks, bonds and mortgages
Due I'rom other national banks
tnie from State & private b'ks & b'kers
Banking house
Other real estate
Current expenses and taxes paid.

.

Capital Paid Cp, £9T1,360 Sterling.

)

Imperial Bank of Canada

RESOCTBCES.

Loans and discounts
Overdrafts

Deposits:
$2,628,193 98
IndividUHls
2,450.454 09
Nallomil banks
787,018 59
State banks & bankers.
10,833 81— 5,«H2,4!)8 01
Certificates of deposit...

CIRCCI.AK KOTE8 issued in Pounds Sterling
Cdi^lMERhvailable in all parts of the world.
ClIAI. CllEDITS ISSUED for use in Europe.
China, Japan, East and West Indies and the Brazils,
River Plate, Ac.
Bills collected and other banking business trans-

close of business on the 7th day

liie

Capital stock paid In

LONDON, ENGLAND.

Chicago.

!it

LIABILITIES.

BANK BUILDINGS

4

Yorli.

and other cash items
Kxcbanges for Clearing House
(Sills of otiier banks

OF

Nu.

N.V.

of Oeiobur, IsbO;

Cliecks

Bank

STREET.

New

Premiums paid

City Loans,

THE

North America,

St..

OF THE CONIJITION OF THE
REPORT
t:ONTINKNTAL NATIONAL. UANK of

Bank of England

one-percent below that

Railroads.

ImiU ^tatjjnxcttts.

;

Bight drafts, at

('ity

&c. Send for list publishe<l Mondavs.
J. P. WINTKiSgIIA.II, a« I'lnc

Solicit accounts and agencies of Banks, Railways
Corporations. Firms and Individuals upon
favorable terms also orders for the purchase and sale of Bonds, Shares, &c., &c. on
the Stock Exchange.
Interest allowed on Deposits, subject to 60-dayB

JOHN

CAPITAI. (paid
SVRPIiCS,

IX

will

Now York Agency, No,

D. A.

PINE STREET.

INSURANCE STOCKS

CO.

L.OXDOIV.

the ofBces of the bank in Canada. Every description of foreign banking business undertaken.

H.

Bailey,

S.
ohi

G2 Gresham House, £. C,

ANDREW AT.LAN, Esq.
ROBERT A.NDERSON, Esq.
HEAD OFFICE, MONTREAIi.
GEORGE HAGUE, General Manaiior.
J. H. PLUMMEK, Assistant General Manager.

&

Heinemann

President,
Vice-President.

**"*^

Insnrance StOckA.

my Q notations

Gas. Insnrnncp, RnnliH,

$5,799,200 Paid Up.
$1,500,000

No. 52 TTAIili

Stuekii,

STOCKS,

u* Trust and Telegraph Stocks
in Batijrdav's Evtnin^ ^'ost and DnUM indirnior

See

CO.,

18 \rall Street, New York,
28 State Street, Boston, Iflasg,

OF CANADA.

British

STOCKS'

CO.'S

TELEGRAPn

Merchants' Bank
-

IS

CITY RAILWAY STOCKS,

euce with

BLAKE BROTHERS &

Amsterdam, Holland.

Capital,
Reserye,

BROADWAY,

DEALEB

G^S STOCKS,

orders for ISonds, Shares, etc., on Commission, and transact a general Banking and
Commission Business.
Hpecial ntleution given to the execution of
orders for Securities on the New York, London and Amsterdam EzcbangeB In correspond.

Sell Sterling

ILondon

No. 06

Execute

President.

BUCHANAN,

.1.

& Co.,

Blake, Boissevain

LiOIVDOX, ENGLAND.
912,000,000 Gold.
$6,000,000 Gold. Neeotintc Railway, State and City loans.

- - -

8MITHERS,

C. F.

^pzKi'xl JuMBstrnjcnts.

FOREIGN.

CANADIAN.

CAPITAI.,
8VKPL.VS,

XUU

[Vol.

47 William

St.

Bank

of

Australasia,

(Incorporated by Royal Charter, 1835.)
St., Loudon,

4 Tbreaduecdie
I"aid-up Capltul,

Reserve Fund,

.--..--....-

England

il.iii

O.ouO

jtTOO.OOO

Letters of Credit and Drafts issued on any of the
numerous branches of the Bank thl'oughout Australia and New Zealand.
Bills iiegoUalod or sent for collection.
Telegraphic transfers made.
Deposits received in London at interest for fixed
periods, or for transfer to the colonies on terms
which may be ascertained on application.
PRIDISAUX SiSLBV, Secretary.

E. H. PUl.LKN, Cnshier.
Subscribed and sworn to before mo this »th day
.Iamks Walsh,
of October, 1880.
Notary Public. Kings Co.
Certificate filed in N. X. Co.
Correct—Attest
:

H. W. CANNO.V.

JAMES H. JOHNSTON,
OLIVER S, CAIITEB,

)

>
1

Dlrectora.

October

THE CHRONICLE.

16, 1886.]

THE

T>KPORT<»FTIIIl CONDITION OF
J{

CT"

K<>'

HANK

v»Ti<>v»l,

Of TUK

'r«. In tb««?'tjiteuf
.
Oct. 7.
:

t

..|1^8;7.2I0 in
I7< »l

I.

400.01 «) 0")
»8I.7>^1 71

»

I,1>W.»4

..

43,0111

"oMo
-

—

ano^ll

I

OU
on
«7

aLW7 45

PAID VH

WaU

35

Mills Building.

St..

*,ou<ia

tiam

peDal«a

CAPIT.VI,, $1,000,000.

leKHl I)t'p.>slior]r byoftlerof Bv*
lice«t ve detK>«ita
monay on InieraaC,

Daalcnated aa a

prama Cooft.
act aa

fiacal

A

or transfer a^cnt, or iniataa for corpora^

Unsta rroaa
Uoaa.andaeoeptao<l execota
tlooa.andaeoeptaod
exectata anrlaiptl
anrlasal u
aaraon a or oorporaUona on
tpanlea.
•Char Mmllar oump
THOM A Stl I I.I.nOCSB,
FRBUKKIC I>. TAPPBN. TIse-PraMont.
WALTKK J. BK1TT1.N, BevataiT.
i

&

Mercantile Trust

Deposit

COMPANT. OF
Trttuorer

.

BALTIMORE.

9,000 00
T'jtal

LIABtUniS.

Mock pal4

n>i><tal

In

**SSSm«o

Horpliu fafi4
rn4lTlda>l|>m<lla
NatlooAl banfe

m*m mWf

l*tTtd«oda ao(i*ld
latftTMaal «a*<MtU
OofOMa for MBKitanCM

««.4ia as

IW,WO

tl in,

i

*T.««74

MU«

niiwMiMilWMm

3,4(r7.';S4

M».liW 01

mil

CMWadlSMCki iMMaUBdkni

. . .

.if

i.ii>
la

<

•

-

-f.

'

•Mar.
'latfay

^.'ir;
-V.

and tocoma

^m
.,>n«

I..

doaa of

at ttaa

Wfab kapl

•I

IMM

4SjSo

fon4

:ton

i

4&p«r
«l awaaiatkio

Waa.
" Whilawrlcbt,

'
-*
BanrrA.
Kant,
txTwilaon.

R.

ChrMU

HnrM,

t liniwn.
lUaoklocd,

''tiklri^.

Oao. P. Tb-ilDa
5. H. Wllllaaia.

wn.

UUUU

llo..

IJIll.

I^eS.

<CilAKTKK I'KUPK-rUAL.)

OAPITAI.

91,000,000
•l((,691,aS9 09.

AMBTS

<

TRUBTBB8:
J auea M. MeT^an,
AmbroaaC Klniiaiand.
JameaU. Odllvie,
S. T. lulrchlld,

Wood,
iamaa N. Piatt.
C. D.

D.

1

WiUiama,

<>.!..

BdwardKlnc.
e. B.

U.

WenlPT.

J.

lleinaan,

1;
It

.Tfhnaton,

tdwurd

sohfli,
Airai«A J. Parker.
SaiuqvI K. BarKer,

•hart.

liobvn 1.CU0X Kennedy, tjeo.

<'.

Macouo.

XBCfTlVE COXMITTKK:

Wm. Wbltawnaht,

Jamaa

ti.

Q. Wllllama,
B. Waaler.

KC.P. Wiod,

M

Xal.aan.
j7BVj..hnat«n.

A. ('. KlnvaUuid.
V"--: >•'— irlanl.

KDWABn

JAMR!4 y
JAJII»II
A.O.RONAI.Dc'

iVIoaat aa

ound Vloa-PraaH.

Ca

United States Trust

OP ysw ronK.
Ho. 49 WALL 8TKEET.
f«,000,000
Capital am* Sarpl>>"i
Tbla oompan.

alenl depoaliory for monaya

la

and

which may be made at any UiDa.and wtthdmwD atui
are dayi' noUoe. and will be anUUad to lotareat f 01
tba whole uma tbey may remain altli thoocnnpany.

Intaaa uf

adminUtraloca, or
Rxacotora,
~ '
'

artatea

totbaMuaactlonof

^^

JOHSa.

BTRWAKT, Praaldant.^
H.MAC V,Vlea.l'roaldTOt

WILU AM

,

ita

ca4»uu ana tDrpAaa

Robt.B.MIntnm.
;..., II. Warren,
lllWk

aai^vnty.

iJVbay,

and inTaaimanta ara kaptaapatata
aa««a»« tnm Iha aaaaU of tba oompaaf
Juu laenaia of partiM raaldioc abroad aarafollj
MlaMadMtf dalT rviauted.

8UIPI.KT,
1A|^>
TTfrflTA R~Bk6wll. Vlw^fMatdaot.

»>. Bra^

—

Lehmas.
wii.u«M f.er.joun J

.[

Pai*«» capital

I

ujiaa paid

Treoiturar * SaeraUnr.
n. R. r ATTKIi.-x ).y, Traal Ufllcar.
DniBinoiis,-Jaaiaa i^ini:. Al(radil,«iillati, Joaapb
B. PrMa.
Wftobt. Or. Cbarlaa I: Turaar,
JoiBT.Munroa, W.J. Nead. Thoiaaa H. PattooJobn

wmua

Iflina-tt-a Wm. II. Lucaa. D. Ilayaa AjmawTB. U.
Joa. t' Kaafa. Koban l'«i!'n>oii. Thauaur r. Knaal.

JaaobSallar. Tbna.

.

tattafcaab ttMBa
for Oaartna Uaaaa....
tHbar baika

Wllllaoi Watauii,

»P»<M

LuiBiMma.

.imlSSZ&

paid la

-.

daafand

ljHO.000 00

pnvfttji

Rk drvalat
I
'

•.tail

BOpat*t
"

'

i4.)<ni

tt%» •Q'ti M:l

lOJtl^W

III

iol depoalt

n.40u

.

«o
ao

M
-iv

I.X70JIH Tt
IX

4 -i;uA'Su
V.VI

I

M

in^flran
"iiunljr

tu Uia

i.

i

.r

:

mwSlM.yi. n. Darla.
larCiixaTSK.

lU

Oor.o(lloatain>«a<
Tbla vimpnny l> "'
act aa raoalTar, t/uatvii.

i'

latrat^ir-

Ucaaactaa

aaent

in

r<.alaatala, ot>llaot ini"
(lairr and tnuiafar i»"
uf OoTHrnmanl and "'
K.!iiiii<>uK anil 1 >..'

uMil.

atimjiiu.x: iianrr

mppuK-

v. botr.

DuTLUTOWKi

R. R. Hun-

anacoaat'tmed

.Brooklyn, N.Y.
-poclal charter to
'I'^r'li'.'i, cxaotttoror adiDln-

Joatak O, Ix>».
Alai. >l. WhiK

I'.'Co.

A.
A.

.ji.njcton.

.V

* CASUALTY

FIDELITY
*

Noa. S14

BP

810

->

VOWAT, M

alaa,

Manaaara,8ecratarlea,and Clerkii ul Pnbllo ComCammarelalknu, can obtain

panlea, laatltutloaaaod

BONWS OP hVBMKX^flVe

tnm

thif companr nt modefkie cbaritea.
Tba bonda of ttua Utaapany are a oaapCad by tka

oourtaof tba rarlouB Stalea

CA8tJAL.TV

mBRAKTnBNT.

Pollclea laaoed aiinlnat anMllallta aUitnii death or
diaabllna injunea.
Kull liiformaiiMii .la lo delaila, laiaa, Aa., can ba

t4>tallT

obtained

Wh. M.

at

head

iiaic,'. <,r

UiciiAui.H. rr<'«i.

RuaT J. >>

>-

»i •'•'inpaay'a

I

AKanta.

John M.Cramb, 800*7'

.»t

Saoretary.

W. O. Low,
Chnrlpn Datmli.

O. Wllllanu,
J>.T.Bt »an a h a n ,A
M. A.
A. B. Hall.
J.U. V.
J. L.Rtter.
Gen. 8. Coa.
?l.

>

'

I

I3oxid.H

The

itaball,

'
^

'endan.
irdfc

or JSirretysiiip.

NO OTUSM

XUMIfSeS.

CSisarantee Co.

OF NORTH AMEBICA,
AHCt

r---<

K30,000

0,

M0,000

.uaa Department

'Hd pcraofu

.inaa^ will
levoaitury

CO.
W YORK

"cated In U. R. Gnrt Bonda.
Caab Capllal, I3ao,0ui
IMOIMIW dapuaUad y>,^» the N. Y. !»'. Dap't, for
tka protect Ion "f I'<>llr]r-li<>l>t.-r«.
Aanti. Januarj Ui. Isafl, *oi«<,>.o Hi.
Oflalan Of Baau, italliouda and Kx;<cu>i Compa-

Caak

\

.Le-PreilUent:
\K.

Vanaw

KKUkinU

AWLLSOI.

1

•'rr<t.

hl«r.

dar

^fiuuuclul Ci^ompituics.

iieandauta

'

.

I

the aale or aianaaamaot of
.iiv.rf.
r«««l»e re.

dud IMa Cumv"
in
(or money,

Hi.
.

rmna,

i

The Brook Ivn Trust Co.,

r,

><h
'

.

.

'Idia,
>

'

.*irii-a,

K.l
•

.

I'll

Bkart. ItaAUi.NO: Kdmnnd

d.

Unilar nuiaa

IMal

'.

Gl.caiUDDLC.I'a.: I"
acB4l.r&^ J. ^impaon

I

I

U

MAULDNBtBTOK K^.

t

UI atork

fiuo.MiO

Aaia aa Xxaeator. AdmlolMfator, Aaalanaa, ate.
ud axacttiaa traau of arerr aaacMptlon known to

Moaar raoatvad on depoalt at Intanat.
JABU/mO. ftaa-L JkTin «. RMAIIIMO. V.-Praat.

fmt's^iibik^'-ggS

I aaal

Il.noo.ooo

Aatkoftaad Capital

Jtntniat aaaata kept aaparate from tbo>a of Iba

aM «»

^'

Co.,

ClIhST.XUT sTRnrr.

Rnrilar-ProofSafealnrant at
toJBT, pBranaam.
Wiila kaat In raalu aliboat obaria.
Bonda. Btocfca and other ralnabtaa takan nndar
caarantaa.
- *^*tPd. Stataary. Bronxas. etc, k«pt la fit*.

.bmiaa and mortraaa*.

^

«13

Cospanj.

BAMUaaNaw
I<nana

ASD

Ali-t. K. Orr.

Heoratnry.
A blatant Sacretary.

PHIL A DELPHIA.

DUoaton.

¥et>.»a» ba IHat at.1
iba neaa of baamcaa on tba Ttb Oar

D.a.koia£

•11

I..

VIecPraaldaal aad AaUMvr.

The Union Trust
-

bank, do aolaanlj (vaar loat tba abuaa aianjaMt
U tnia. tu tha baat of >i> kaowlailMaadMtat.
KKeb'k B. iM^uS5icc!c!aaalar.
Sahaerlbad and swora la oafsaa aa tbia Hh Oaf
of Oecobar, l«N.
r. A.ltriaTAX.
NoCarr PablK. Saw York Co.
Certaal Al>aat:
&tf. ¥IU.IIilUI,

bnal*

naia. aa wall aa ralMHOoa and beoaroleul laatituUona
will and tBla company a oonyenlent dapoaltory fa>

ICA.

WDi<:/i

ASA B. WINO.

paid

U aalboiliad to aet aa (tuu^an 01
''"'iNTRRBST AU>OWKD ON DKP08IT8. •
Into eooit,

i^a,

via

Vlca-Praa't,

lint

'

<

ibla i>n df<
. ..TiHHiw-

ia«M*tair
of

vhiun.

.rvla.

laaaa Foriyth,
Oaoraa Cabot Ward,

Booay.
:tiki<. iir-

ri

a llaya,

'f:r.

PIULADELPniA.
OF
laearporatad Tbird
»d.

nth

alao opena current acconnta subject, Iiunccordanoo
wtlb lia ralaa, to chuolt atMabi, and ullows Interaat
apOD tba raaultlaH dallr balanoaa. 8tt«h otaaoka paaa
tbronffh tka Clearinu llouae.

D. C. Uaya,

DlllECTOBSr

W.W.

l>*a frua •atlonai aaaka
I>aa (mat ata4a b'aa aa4

"TfT-ft

ta-

THB
Provident Life &Trust Co

»'M*00

Cle.i' « ii'm.».i

-•

lrt;u.A£«i.

TSao

MauaMaia, haabi

Kxebnl f of

undar

kt>i>t

1

Vuie-i*raa'i.

aMOOM iMkfawHaSr

U. n. buoda Ui avonrv eir^uiatiua

Wiaaniiinaa

(^MkaAolJ'

wlibmt rhant*. Honda and

In Tanit,

MaftOarfe<t:
Ona. D. Flabar

«';;;•.

ofnabi

faltb-

br Imprurad

prutaetad

WW.

DUaetora

A LBOAL DRP081TCKV KOttMONKY
AooapU thatnnataracaocj andrexlalrr of atoeka,
and acta aa Truateo of mortit/icea *>( curporatlona.
Allnwa Intareat on depoalta, which mar lie niade at
anrtlma, andwltbdrawn on flredaya' natloe.wtth
intereat fur lbs whole lime thej remain with tha
company.
For tba oonTanlenca of deposltora tnla oompany

_

AR-raOUIr VAOLTS,

-

'

lb.-

and dtaakarKaa

.

>

.

>«•»

primiptlr.

Anthorlied to act aa Riarutor, AdmlnUlrator
Ooardlan, KaealTer, or Tmatae, and la

Wai.F.RBaaaIl,

rastatrr of stocka

Bioaka. Plata and all Valuablaa aaeari'ir
aaarantf^ at m/Mi^rai.- chaivaa. V
ary, Urunaaa, ate k- pt In llra-prtK<:
sfKNC^
joiix i;il.u

I'ablle.

1

DBPOKT OF THECOSDITIOM OFTUE
ATIONAL BANE
•

'K MONEY.
i.-i;cjttDd
,

in.

73 Broad wajr, cor. Rector St., N. T.
91,000,000
93,000,000

rAPITAL,

-

la

and act a aa Truici-*- •! tu--rt;;aiceaor eurporailona.
Takaaebanta v>( friiitrt;. ooUaeta and raaUU lo-

Praaldaau

af

.!

tlafBlai"proof l(afe« np<l Boxca tbarlnic elir''ifT>«
ataalt2oora>._
•luOparanituni In It
) tnrent attl'i
tiwand alaaaat chn'ni" itnel FIRB A.ND UCIu;-

Oatnet-Auart
K.

Gwardlan. K«^vivlt.
A I.EC.\L I'KI'.
Accapta the Iran.fcr

AdminUtrator,

r.

tba abaT»4iam«4

.Sew York. «:

;

•j.ooo.oev

.<<

lu-t

4aUHJH

or Uetobar. IWO.

o.

ti>

Hiiaay fwalvad on daiHjalt. All Tniat Aaaau kept
aaiuinitiniiai tboae of ih<> Onmpanj.

'hat the ab^rve «tat«niaat

>.

m«, to toe cMTvt
II
abMHbod and t

AnthortiM

aBy tka daUaa of arcrj traK known to tba law.

-~--j r

.«blar of

MOO.OOO

CopKalt
Aaibariaad Capiial,

tacaat

t>MtooUMraMlao«lbwtu ...
inwIoSUlabaatawtd taokan

bank.

w
4M

iTjMi4.a>e

iif Hill

Total

00
10

Company

OP NBW YOBK,

New Tork.

~MJ08«I

A

I

Companies.

'^Tcvist

Metropolitan Trust Co., Union Trust

ISM

,N

©ompautJCSa

Strttst

S:«ili iftatcmcitts.

loo.

NO. Ill
n. J

11

\\.

Koiwa.

'

I

:«l

B. uaylla,

Maxwell,
JaJtaa Uuaa '''""'" aecrataiy.
,

It
Tii.Mi-x.

.Miii'e,

.

Olc-'ttlind J.

r..

l-ui.^iufu.

P.

THE CHRONICLE.
"^VLvm pijortgages.

^tuaucial.

EQUITABLE

^soo,ooo

[Vol.

3?^ittattcial.

CAPITAL

PER CENT
liVATER SrPPLY BOMDS,

6 AND

.GUARANTEED FARM MORTGAGES,
Principal and intorcst guaranteed
an; of the offices of the Company.

New York, 208

and payable

at

B'way, Boston. 23 Court St.
H. U. Fitch, Man'ger.

Chas. N. Fowler, V. P.

112 S. 4tli St.,
C. B. Wilkinson, ManVer.

Kansas Cilj,

Fhlla.,

J. C.

IHo.,

Avery, Qen. Man.

e%
7%
The American

Eminetsburar, lon^a.

t^fllce,

E. B. Urnisby, Pren., 130 Nassaa

THE

Ht.. N. li

\TESTER1K

Farm Mortgage

Co.,

LAWRENCB, KANSAS,

In Snms of $100 and Upwards on In
diana and Ohio Lands.
NOTHINQ 8AFKB. ALWAYS PROMPTLY PAID
8BND FOR PAMPHLET.
JOS. A. moORE,
84 Baat Market St.. Indianapolis, Ind
Real Estate Mortgages on City
and Farm Property, worth two
to four times amounts of mortgages, interest O per cent to
7 per cent, principal and interest absolutely guaranteed. Securities for guaranty held by the

MINNEAPOLIS.
Paid-Dp Capital,

9200.000.
Authoriz'd Capital

u<2,000.000.

American Loan & Trust Company, of Boston, Mass.

Send for circulars to

!

13ti

j

j,,„j^

Charch Street, N. Y.,
Chapel -I., Nevp UaTDB

INVESTMBNT3
COUNTRY BANKERS.

Special attention paid to

and

Investment Securities
BOUGHT AND

SOLD.

Vr ANTED:
Toledo Ann Arbor & North Michigan lata.
Southern Central Ists.
Middletown Unlonville & Water Gap Bs.
Indianapolis & Vincennes Ists and 2as.

FOR SALE BT

TAINTOR & HOLT,
11 IVall Street.

Scioto Valley Bonos, all issues.

ALBERT

Wanted.

E. HACHFIBI.D,
No. 5>s Pine Street.

County and Toivn Bonds

Cit)',

OHIO,
ILLINOIS,

KANSAS,
MINNESOTA,
DAKOTA.

OF

BRADSTREET A

J.

S.

Stanton,

16 and 18 BROAD STREET,
BnYS AND SELLS
East Tennessee Va. & Georgia Scrip.
Ohio Central (R. D.) Scrip.
Kanawha ^t Ohio Scrip.
Col. Hocking Val. & Toledo Scrip.
Toledo & Ohio Central Scrip.

CURTIS,

BANKEE8,

Texas & Pacitic Scrip.
St. Joseph & Grand Island

35 Pine Street, New^ Ifork.

Scrip.

PROPOSALS FOR

$8 0,000 Sewerage Bonds
Sealed proposals will be received by the Warden of
the Borough of Stamford, Conn., up to and incuding
October 25Lh, 1886, for the whole or anyone lot of
the following bonds of the Borough of Stamford,
to wit
S'iOfOOO to run five years.
820*000 to run ten years.
S'iO,000 to run flOeen years.
$'^0,000 to run twenty years.
All dated November 1, 1886, and bearing interest
at the rate of 4 percent per annum, payable semiannually.
The successful bidder or bidders will be required
to dep: isiL 2 per cent of face of bonds as soon as bid
is accepted.
The bonds will be ready for delivery on or about

November

Ist, 1886.

All bias must be addressed to "The Warden of
the Borough of Stamford, Conn.," and marked
"Sewerage" on outside of envelope.
The right is reserved to reject any and all bids in
the interest of the Borough.

NEHER & CARPENTER,
Banliers, Troy, N. Y.
Eastern Managers for Compary

Haich.

—with interest upon balances.

aocounU ol

INTKSTMENT SECUKIIIES BOUGHT AKD SOLD,

Farm Mortgages

Jf.

Personal attention given at the K.XCllANUKS to
the purchase and sale of STOCKS and BONDS for
cash or on margin.
DKPOSITS KKCBI VKI)— subject to check at sight

TKUSTBH.
PreHent Price 100 and Accraed Interest.

market

FIRST MORTGAGE I,OAN8 UPON IMPROVBD
FARMS. Interest and principal paid on day of maturity In New York. Funds promptly placed. Large
experience. No losses. Send for circular, references
» »d sample forms. K. M. PERKINS, President; J. T.
WARNB, Vioe-Prest.; L. H. PERKINS, Secretary
CHAS. W. QILLSTT, Tread.; N. F. HART. Auditor

WESTERN
GUARANTY
LOAN CO.,

Brancb UFFICKS
OimriEs
BKANCH

CENTRAL TRUST COMPANY OF NEW YORK,

IOWA,

Offers to investors the best securities In the

NORTH-

YORK.

Interest Payable JTuneand December.

8%

Investment Company, of Emmetsburfz, Iowa, incorporated with a paid-up capital
of 8.100,000, with branches at Huron and Mitchell,
Dakota, oITer tlrst Mortgaiie FHrra I^oans in Iowa,
Minn., IJakota, and Neb., both I'linclptil and Interest <«unrauli*ed. Also 6 per cent Debenture Bonds
obliKatiuns of the Company), running 10 years, secured by MortKage loans deposited with the Mercantile TriiNt Co.. N. Y. It also Issues Demand
Certificates of neposit at 5 per cent interest. Write
for pamphlet and references.

Home

ISSUED BT THE

NATIONAL WATER WORKS COMPANY OF

NEW

P. Hatch.

T. Hatch & Sons,
BANKERS,
NASSAU STREET, NEW YOBK.

14

Kansas City Water Works

PER CENT

'7

Arthur

W.

SECUnSD BT THE

(600,000.

Benry

Walter T. Batch.
Nalh'l W. T. Hatch.

SIX

Mortgage Company.

XT.m.

The

St.,

SCUDDEB,

Bondholders are invited to deposit their bonds
the CENTRAL TKUST COMPANY of New
Yorl£. under a plan f reorganization prepared b7
the Bondholders* C immittee. Copies of this plan
and agreement may be obtained from the Central
Trust Company, or at [the office of the Committee,
No. 32 Nassau Street New York.

w th

SBLAH CHAMBERLAIN,
SPENCER TB ASK,
henry AMY,
JOHN DkRUYTER.
GKORGE BURNHAM, CHARLES J. CANDA.
SAMUEL B. PARSONS. WM. E. D. STOKES,
AUGUST RUTTEN.ll
Committee.

Massasoit House,
SPRINOFIEIiD, MASS.
THE BEST APPOINTED HOUSE IN WESTEBN
NEW ENGLAND.
Convenient for the
Union Depot.

Agency,

Investors'

234 La Salle

Mexican National Railway.

Cblcago,

Fifth

111.,

toiu-ist

or business man.

Near

W. H. CHAPIN.

Aven u e

HOTEL,
S taten Island Securities
ANSWERS INQUIRIES CONCERNING
YORK,
Madison
Square,
A SPECIALTY.
American Stocks and Securities The Largest Best AppointedKEW
and Most Liberally
(M.

1

oad Co.

1

& Aiuasement

Co. Stocks.

& TEXAS CENTRAL
HOUSTONRAILWAY
COMPANY.

stockholders of record on that

okB will be closed at S o'clock P.
!e-opened at 10 o'clock A. M., on

'

'

UN

8.

KENNEDY, Vlce-Pres't.

BSTAKB iniNING CO.,
<'.18

'

Bboad

STKKitT,

IiND NO. 89.
Dividend— FORTY
'

New

CENTS

-bied for September, payable
Pany. San l-ranclsco, or at

.

.

ew Vork. on the 26th inst.
ihe20th inst.
«0O., Transfer Agents.

i-LniAN'S

o

K'AOO, Oct.
No. 79.

a

I

>

a

T
5,

t

ov.

pia

I)
}

14, 1888.

1

l3

DIVIDEND of

I

,

<
t

'

'

.

.ill

.

I.

mi.

XiT.ll.

1

•

*

J

20

TWO

(2)

slock of this company
lUtlared, payable Nov.
I'd at close of business
close Nov, 1 and re-

M

KINSHliiMBR,

Secretary.

Loan & Trust
William Street. New

Co..

Q.

r

will facilitate

THE FARMURS' LOAN A TRUST COMPANY
Trustee.
BY B. G. ROLSTON,
President.

26
72

The time for the Irst Mortgage Bondholders to
avail themselves of the beneflis of the First Mortgage Uoiuihnlders agreement is hereby extended to
the 2Tth day of October, lh88.
Tu avail of the same the bondholders must deposit
their bonds with the Farmers Loan & Trust Company
on or before the above date, sign the agreement o
be found at the said Trust Company ana otherwise
comply with its terms.
Alter the aljove date no bondholder can avail
•f the advantages of said agreement.
!•

l

CHAHLUS MOHAN,

Chairman Toledo Peoria & Western
Bondholder..,'

KANSAS CITY

Hi

1886.

G. B. Schlet.

BANKERS AND BROKERS.
STItUKT, NBW

WaU

Branch Offices
St.,

TORK.

:

114 So. Third St^ Phlla.

N, Y,

Connected with

L A. Evans i Co.. Boston,
Corson & Ma aktney, Washington, D.C
B. L. BREWST.'iit ft Co., ChicaKo.
Hdbbakd & FARMLR, HarLlord.
Private Wire Counectii ns.
Stocks, Bonds and Mlscellaneons
Ycrlc Exchanges; also Grain and
P^J^;8i/Jn80 ChicaKO_ Board of Trade.

Buy and

selJ

on-New
1

Spencer Trask & Co.,
BANKERS <t BROKERS
i6

and i8 Broad
Albany, N.Y.

Street,

N. Y,

Providence, R, I

Mortgage

BO;>dholder8' Reorganization Agre men has
been prepared and is now deposited witu the underfiigaed, ready for signature.
CUAKIjKS MOBAN. Chairman,
68 William Street,

NEW YOBK, Sept. 16

.

Schley,

Saratx>ga.
First

Committee.

ST. LOrilS
CliARINDA RRANCH
NOKTUKRN B.i,lLWAV

CO.— A

&

BROAD

Seouritiei

PEORIA Sc WESTERN
TOLEDORAILROAO
COMPANY.

W. K. KiTCHEaf

Moore.

Moore

York.)

the trustee in the execution
of Its trust by sending their names, addresses, class
and amount of cecurity to the Farmers* Loan &
Trust Company at its office as above,

Mortgage,

John

)

Holders of bonds of the Houston Jk Texas Central
Railway Companv. secured under either the i>>nBolidated Second MortgjiKes or under the Gene'al

PAI.ACB

I-

Til

OFFICE OF XHB FAKMKRS'

^ivi&tu&s, Ac.

the capital stock of this comteclared, payabie at this ofBce on

.

Managed Hotel in the City, with the Most Central
and Delightful Location.
HITCUCOCK, DARLING A CO.

It&Tge Library of Railroad Documeats.

Moderate Charges
8.

KT on

r

Proprietor.)

Coufldential Reports.

PAtJI. ITIINIVEAPOI.IS &
.
.TOBA RAILWAY COMPANY,
»> tLLi AM St.. New yoRK, Oct. 6, 1886.
quarterly dividend of ONE AND ONBi

Jr.,

Compotent Experts.

GEO. B. RIPI^ET,
(6 Broadway, Room
xstf

L.

Transact a General Banking Business.
Direct Private Wires to each office and to

PHILADELPHIA,
BOSTON,
W0RCE8TEB.

xmmt
HUNT'S MEKCHANTS' MAGAZINE.
AND COMMKRCIAL INTERESTS OP THE UNITED

BEPRESENTI.VG THE INDUSTRIAL

SATURDAY, OCTOBER

VOL. 43

CONTENTS.

STATES.

NO.

16, 1886.

1,112.

tions are |444,482.a59 and 1302.388.550 retpectiyely in the
yearv, or a gain of 18'3 per oent.

two

rax UHKUMICLS.
Oiaattait-lioaat R«tara(

44t

TII<inn«a'-UI8Un>tlon
Th« ET<*nl*c Pu«t on
ii»titill«m

Bt-

Am

Tbe Conn

M3
4M

(
• ila oo Rettirtn' Ortlflcat'-s
il)
I.MaM PhaM at Iba VlmlnU
DeM tlmUar
418

Exraal •o'l Dtrtrtbotlon of tbe

H7

Cmi«

!lewi

I

Saw

451

<alM*/-

iaoiniuM

Tork.

Xhe

Qyhrouicle.

pMU

f

MrHsVoMka

tacsM)
(fl4-S)

(01,088,1 «)

OMtunot

(4MML0
im.«««Ma

(-«r«)

(87,418.000)

t44«kTW

I.IIS

LllhSW

iMMartptlaBi
aallaelatiiut poatiica)
la Uiadoa cuMadlBK paatacal
do
4a
t

Ifea

m bo
a—<loaay
Ordata.

Aa«a»• Uaaorar

I'olal

faralahad

•

lalappod.

fhlladalphla.....

Moo.i«a

Pttubars
SalUaof*

,

•labr OralU

alM
a

nta:

Malaga OB Ika

i

»tol8

4.4M.41S

•.naasi
i,»n,aM

aMclaad.

Tha aflao af tta OomaaoAi. amd ruAMjiAi. Caaoaioui in i.«iidoB
liWttfeMaaata.KoirAaMAtMini.1 Dr^a(a'Oanlaaa.B.C..whrreaul>ad adrartlaiaaaiita arffl ba
•a<«h«"

wnxiAii a. OAMk.
Joa> a. njoto.

uuuT.no

r«uj Miaaio..

Tba

lafeaa al Ika

""

l,IM,M7

-i»a
»a7«
+ir»

1,074.^0
|/Ma.ai8
tartjiot

|47,*Mjrs
«.«»;
luasMoe

-H«a

lss.ioe.tis

-fOSO

iaa.S4Sjaa

+»4a
fiaa

884,804408
10,480,488

•t-isa

.^10-4

4,880404

-18-8

-Mian

8.4ao.«ea
8,444.787

•.747,000
S.nl7,»4S

-rts

s,aiO,4ia

i,soa44i

>a»7

"-"-

9l»>l>
4,saa,4aa

kkii.ii\ii It i> t \ i a Oa.. Pabllahrra,
79 ai HI Wllllani Hireat,
VOBK.

+W

ma

-t«i-»

+un

88-8

868.778,494

-(-I1-8

+10H)

-(-Wl

s.asB.iai

aBW

-flS-4

-144-9

l.SM.<

MTI41S

11.007,748

8,407,088
8,088.008
l.OCMJ
4,111.078
8,808.ora
8,408,800

-ftt-O

ijHe,sos

NRalar ratra. ami

rTTiranri

48«.Ma

i.»7t,;«7

iict,aoa.«a

M.

7*.

» iabaolibaia of tha

raaabiialbla

b

«2

T4S.»44

bowau

aisa.
taraaroa*' Bomjnaar, laasMi oaca in two
~

M»
orPoal (Moa

SprlBseaM..

-t-SO-l

t80Ma.7ia

+!»«
-u-s
•t-u-s

l.*SI,M4

Oct. t.

PtrOnU

(4««.W»I

i.ias.>io
l,0«.t3>l

a 10
11 28

Jfo

(a,A44.4«8

•7,Bal:7M)

|

Tenu »{ SabMripUoB— P»7sbl« la A4raaee
ffMOaa Taar (laeladlu poatace)
aiO 20

8:44.033,107

(+a»7)

(sarjim

4MSIM0

Poftlaad

andm*

ime.

i4a*a«,7«ri

lw.UH.«a

Ta« UovwBKCiAi. ijcD Pt.<(AXCiAL Cmoidcut ii
ud fo
llanrorO
Ntm York *t«rw Saturdoff monUnf.
<aMl*4 M tbe Pom OOlaa. Vow fork. X. T.. M Mooad sua* mall matter. Na« Havaa.

ArOiitt.

MM.BSIUM

(l«i*i,..j*ariaj
(

ITaak

•.

isai.

Hi

EiuctUh Ntiwa

OMaB«roUJ aod MJaoaUauaoiu

OA

L

lUUraadEar'Inn
448
MiMiawn aud Comiuarcial

4,0ft<.ao4

-f48^4

-ea
-f88-8
-t-irs

Pi»tr i<r>i< :>i iioi ooi.
ISS.0BS.I8I

CLSARIXO HOUSE RETURNS.

114,044 jas
SI9.47S

-1

t-108

117,888,886
818.A79

Only onoe aiiioa Ootobar, IMS, bave the bank clearinga for
any waak aaewadad in Tolania thoaa raoordad duriuK tbe we«k
under review ; and then 'Norember Slat, 1889) the total waa

T,St1,U«

7.mi.aac

B,ga8,47ll

4,«aa,aaa

4J4a,MO

+441

4,184,780
8,184,810

+80

1,147,880

•1,108,510,000, or onlr aboat 919,790,000 in axocaa of tbe pree-

t,0«7.«l

sio^asa

s,«>aags

Ltmaaa

1,437,107

-i-is-a

-*8
t*9
-11

i.4a8,am

18(404,861
"nMwisB
Itahoold be raaMtnbared, motaoTer, In this connajHMm tlO.77t.t1B -I-1»S
_ltxn4jga
aaeMaa, tkal for tiie week of Noramber laat year referred to,
Total all_
M4w.«a,i«7 m» *vi jm H04
tiM operationa in railroad sharea on tbe New York Stock Ez110)08 088,878
«*w.«^« "4*rir~ ">M0,4WJ)fle
«dwiicaraaaliedatotal(4,U3,909>wbicbhat navar been equaled, Oataida Wow Tort
and wbiohaerred, of courae, to awell largely tbe ezchangea at * Not laaiBdad la totala.
Haw York that week. All thia would aeam (o indicate that The returns of exobangea for tbe fire days, as reoeived by
tha eorraat exhibit ia in reality more latiafactory than any telegraph Uiia OTening, reoord a decline from the very full
dlltlac tha paat three year*. Further, tha aggregate of elear- flgurea of the oorresponding five days last week.
In comparila^ DBMda of New York ia but Unle below tba heaTleat ever aon with the similar period of 1885 gains are exhibited at all
raoorded. The number of failnraa in buaineas for the week points except New Orleans, and in the aggregate the increase
with Friday, as reported to Uewra. B. O Dun & Co., reaohas 11-8 per cent.
100, tlia majority of which were in tiie Southern and
8 Cva Bnd't Oct. 8.
Oct. 18.
Waatem Statea and Canada.
In oompariaon with tbe preTloos week the preaent returns
ParChiM
1888.
1888.
1880.
•shlbtt gains at all but four of the thirty-one cities reporting, How Tork
-|-l»«
S704,8I8.»18
ie4i.iu.i80 I084.48U8B4
-fB-8
(-8-7
la aooie inatanrea the additions are quite marked. Con- aatai«r«Mb (<»•.)
(83I8JI7) (+e4-8)
18.: 18,880)
(8^18,884)
7«,Oia,008
-^8l-8
a8>«.lll8
„
7I.AI1.0W
-H4-4
Uaat i il with tha oonaapooding wade of 1885 the Inoreane in the Boatoa.
Pblladalphla..
03300.010
-1881
81.9804.-7
HB-7
44J83.S84
tatal ia S6-4 per oent, tha oUiea moat prominent in perc-ntaKe aaJtlfnora
10,982.180
lO.iKlO.413
+»0
io.am,8ei
-f«-4
(«4-7
-^18-4
Be,7nenno
(Shioaao
«sijn7.oaa
being
IndianapoUa
115
per
44An.000
per oent, Minneapolis 37
ot axoeaa
18.7T7.07B
108
•t.Loalf
18,004,081
+
ia.78O.IB0
cent, Omaha 94*0 per oent. and Kansas City 44-1 per cent. Row
-4-8
0.980.087
Oriaaaa...
«,eM.140 -14-8
0.704.818
Oompared with 1884 tha gain ia over 90 per eent, and
Total
I^.a4».a88
n8B.7«uai l-WO
wllh 1888, about 8 per cant.
+arr8
Balaaoa, Conatry*
87,100,100
07.80I.WA
Be,8a8.M8 t-80-4
Share transactions on tbe New York Stock Exchange for the
Total all
"liiw,84»,481 ""+8Bi
l8T4!a"lB.847
waak 0OT«T a market ralue of f 108,t8i,OOO, agitnat $133,036,000 OaUlda law Tor* 87MM.aa7 >a<7,lB7.7Ul +r4-«~
8888,6888181 TiffJ
a year ago, while t>>e excliangea arising titrough other oporaatlm*',a4 on lb* baaia gf iba.laat waakJr raturn. f,PartlaUr Mtlmataa

antAgvcB.

,

'

I

ad

.

THE CHRONICLE.

442

Since October set ia cotton

1884.

TEE FINANCIAL SITUATION.

much more

any class of loans. For bankers' balances the
range has been between 2 and 7 per cent, with the average about 6 J per cent. Renewals have been made at the
above average, and at bank nothing on call has been done
below 6 per cent. We have heard of time loans on choice
collaterals by banks and trust companies for 6 months at

As

the

week

poses than has prevailed of

and

late,

1886.

and trade demands for money

Discounts in the open market

1S3<.

K<mth». Septeml>er. 3 MonOis.

QiumtUia.
Wheat.ba9b.

10,563.936

2S,4!:2,434

8,58l,53S

10,372,010

9,581,327

Floor... bbla.

ta 1,042

2,773,733

607.686

1,788,919

79 3.22)

2,181,202

Wheat, bu.

14,200,171

40,931,232

0,316.145! lH,33a,675

13,128,344

Corn... bash.

2,713,118

7,431,194

10,973,293

48,335,428

t

t
88,862,752
S,732,64J
23,385
181,599

12,0?2.818

3,803.1)921

10,217,137

10,03i,73I

1,181.836

2D,275,409

14,311,040

44,191,84S

»

%

t

6.114.2.93

18,024,024

2,141,473

6,192,4rt7

1,033,795

136,0!15

113,757

33,301
633,227
23,424

41,581

and business pur-

Br'd3tuir«..

14,282,52-

9,007.713
6,966,293

25.43a,47)

13.631,358

6,213,5U3

40,917,033
21,438.420

22.740,082

7,509,248

7,190,003

17,268,872

6,248,537

12,034,955

6,555,1?)9

12,84't,15l

5,431,212

11,656.6-6

4,922.347

62.516,476

27,643.760

75.741,767

32.0 18.1 10

closes there

thought that

is

ProTislons

9,897
89,379

.

Cotton
PetroI'm, &c.
Tot. value.

An

active.

82.052.157

of

87,607

37,331.091
8.648,630
761,670
535,434

212,275
42,522,156
26,112,769
16,481,838
13,024,03-)
1

98,73il,34»

unfavorable decision has been re ndered this week

London advanced by Judge Wallace,

yesterday to 3 per cent for 60 day to 3 months bank bills
from 2^ per cent -earlier in the week. This was most

«

12,133,761

is less

1,404,511

23,850,461

S8,B7S,K70
5,616,078

Oats & meal.
Barley

it

at

18S5.

September. 3 Uontha. Sevtember. 3

776,315
410,941
161,595
12J,746

except for cotton, the demand is likely to be lighter for
a time at least. Business is reported good in almost all
sections

BREADSXaFP.S. ^ROVISIO^^S, COTTOX AND PETROLBnM.

BxporU

;

the interior for crop

statement for

from U.S.

any shorter time 6 per cent is
Tot. bush..
5J per cent, but for
Valim.
demanded. Commercial paper is slow of sale and firm
Wh't 4 aoar
rates are maintained very few of the banks being in con- Com & meal.
Byo
dition to buy notes, the purchases are mainly limited to
out of town institutions.

this

easier

little

rates for

of a drain from

Vol. XLIII.

has been going out

freely than indicated in

tendency September.
EXPORTS OP
the past week, but there has been no special change in

The money market has shown a

I

by a large number

in the suit brought

banks in this city to restrain the collection of the

annual taxes on the ground of unjust discrimination. Tae
good part due to the condition of our foreign section of the National Banking law (Sec. 5,219 Revised
exchange market which led to withdrawals of gold from Statutes) upon which the application was based provides,
the Bank of England on Thursday for shipment to New among other things, that State taxation of bank ihares
York. Another influence may have been the continued " shall not be at a greater rate than is assessed upon other
movement of gold to the interior of Great Britain. The "moneyed capital in the hands of individual citizens of
Wuat the taxation on personal propBank lost for the week ending with Wednesday £271,000 "such State."
that
this
loss
was
states
cable
to
us
the
city
is
we made up and gave in our
private
erty
in
bullion.
of
and
of
£331,000
interior
in
aa
article with regard to State valshipment
to
the
of
October
a
issue
up
2,
by
made
an arrival from Australia of £60,000 the loss reported uatior. As these figures doubtless aff )rd the basis for
A the claim of unjust discrimination, we reproduce them
the next day was mainly for shipment to America.
On their face the claim made would seem to
special cable to us also states that of the loss of gold by below.
the Bank of France this week £140,000 was taken for the have been a just one.
KEW YORK Cirr PERSONAL TAX, HOW DISTRIHUTED.
United States. The bullion now in the Bank of England
is reduced to £20,283,781, but in the Bank of France
1SS5.
1886.

likely in

'

A

;

1SS7.

notwithstanding the declme this week the stock of gold
reaches the large amount of £54,884,153.
Our foreign excharge market has been weak, and

still

one cent per pound
sure of commercial
large supply

;

sterling, in
bills,

fell

consequence of the pres-

cotton drafts especially being in

but yesterday there was a recovery of half

a cent, under a more active demand for bills and more
There has been some
warlike accounts from abroad.

buying of

securities

for

foreign

account,

but at

the

?

*
2.744,915
1.057,873
28,324,283

Insurance companies
Trust companies
Miscellaneous cpmpanies
Railroad companies
Residents

10.880,572

Total

Paid direct to State

141,927,672
60,746,294

158,014,S7S

218,536,746
37.032,213

202,678,868
31,866,679

217,027,221

1SI..504.383

Leaving..

20,274,275
04,479,81
9,543,848

66,250,705

152,285.981

Total
Shareholders of banks.

2,110,638
61,681
31,541,217

156,506
29,234,409
12,339,871
88,380,7eB
9,689,612

18,289,978
92,308.829

Nop-resicients

»

2,146,379

I

&9,012,M3

40,143,318

170,807,137

The low

According to the above, out of a personal tax of 217
millions for 1887, the banks are to pay 59 millions, or
rates that prevailed
England
the
Bank
of
and
gold
from
both
more than one quarter. That simple statement proves
takings of
the Bank of France for shipment to America, as already conclusively enough that our city banks bear more
With money active here, and quiet and compara- than their share of the burdens. In fact. Judge Wallace
noted.

moment we

hear of very few security

bills.

for sterling and francs permitted

opinion admits that it cannot be " doubted that this
"kind of personal property is taxed much more effectually
arrives, and consequently they are loath to state the "and onerously than is the moneyed capital generally of indi Previous to Wed. " viduals." But he adds that this is not peculiar to the sysamount they have in transit.
nesday there was a little over a million dollars [^afloat, tem of taxation of New York State, but exists everywhere,
all of which will arrive by the middle of the coming because it is that part of the property of its citizens which
week. The shipments since then, so far as we have been is invested in forms that enable it to be easily tracsd, its
able to obtain knowledge of them, are about $li750,000 value accurately ascertained, and cannot escape by evasion

tively easy abroad, importers

cover

their

of bullion

consignments with

bills

from London and about $800,000 from

do not always

before

Paris,

in his

the gold

making

alto,

or oversight.

In other words,

may

it

Some idea of the free bank shares pay more than their
progress may be gathered burdens, and yet the tax not come

gelher afloat to-day about $3,550,000.

movement

of produce

now

in

fair

be true that the

share of

the

tax

within the inhibition of

from the following figures issued by the Bureau of Statis- the law, that it " shall not be at a greater i-ate than is
" assessed upon other moneyed capital."
tics this week of the shipments of breadstuffs, provisions,
This distinction would seem to be fair enough. Any
petroleum and cotton. We have arranged them in our usual
form, and have added the figures for previous years for com- system of taxation would reach what it could find, and the
parison. It will be seen that, notwithstanding the low mere fact that a portion of the property of individuals
But as
prices, the total values for September were 32 million dol- evaded the tax would not be the fault of the law.
lars,

against about 27.V millions last year,

and

32|^ millions in

we understand

it

that

is

not

at all

the

claim the

banks

ocioBEB

16.

THE CHRONICLE.

ism.

Their poaiuon and charge

make.

mode

criminations in the

that there are dis-

is

of assessment which

work great

a mere glance at the above
already
would appear to prove th%t it most be true. For it can
hardly be possible under any equitable system that the Clearing House banks, representing only 60 millions of capital,
could be charged with one-quarter of the whole personal
tax and ooe-hilf of the corporate tax collected in the city.
But Judge Wallace examines the different modes of taxation on various kmda of property and the exemptions
ander the law without finding any defect in the law itself
which would vitiate the assessment. He states broadly
that State policy may legitimately dictate different modes
mnd rates of taxation for different kinds of corporations
which the Scate creates, "'and discourage the operations of
some and foster the interests of others by a diversity of
taxation," and still not bring the statute within the proviso
NVe do not see under this
of the national banking law.
ruling, assuming it to be correct, that the exemption in
the banking law as to bank shares has any special meaning.
The Agricaltural Department ianied its October crop
The results reached of
reports on Saturday and ilonday.
the year 8 productions are on the whole very encouraging.
Through the kindness of Mr. Djdge, the statistician, we
have received detailed statements, and in a subsequent
colomn compare the raeults with last year, and find them
Tsry satisfactory. Tha following i an intereuing uble,
said,

iojQstice, and, as

table

i

howing

this

seuon's yield per acre in the twelve Slates

of largest pro<luctioo, of w'leat (winter anu spring separately),

oau and

course

443
Mr.

lUat

IS possit)le

11

may

U-ciirui.t.

iraaster Uie

company to Mr. Ingallj' Big Four, but as
Four has no road of its own to St. Louis, and

business of his

the Big

would have to use the track of other roads between
Indianapolis and St. Louis, forming in any event a some what circuitous route, the Ohio & Mississippi line would
certainly appear preferable.

Moreover,

the mutual advantage of both the Ohio

& Ohio

the Baltimore

continued.
erty, there

As

would seem for
and
arrangements be

it

&

that the old trafSc

Mississippi

for the Erie taking possession of the prop-

can be no doubt that the Erie couldJIiake good
In fact, from a traffic standpoint, the

use of the road.

Ohio

&

any

system.

would be a desirable addition to
an exceedingly straight and
direct
line
between
Cincinnati
and
St.
Louis.
Perhaps the idea is to maintain an independent
attitude hereafter and exchange traffic freely with all systems and not with any single one.
With reference to the
Mississippi

election of

Ic

Mr. A.

Central Iowa, that
also the controlling

is

B. Siickney to the presidency of the

important because Mr. Stickney is
head of the new Minnesota & North-

is

western, indicating a still closer connection between these
two systems. By looking at the map of the Minnesota &
Xorthwestem in our Investoks' SciTLKMc>"r it will be
noticed that the two systems form a Une between Minneapolis and St. Paol and Peoria, at which latter point con-

nection can be

made with

the trunk lines for the seaboard,

thus avoiding Chicago altogether.

The Central Iowa has

not hitherto done well, but the Minnesota & Northwestern,

though in operation only about a year, has already made

barley.

itself, as may be seen from the
weekly and monthly statements of its earniKgs.
Oar stock market early in the week experienced a re-

an excellent record for
BdrUy.
!l«w rock...

Oklo.

»»
no
MO

S»m\„tk
X7 u

Mlvhiiui...

ns

ato
wueooiiD.. t»o
niio'iu

ao-a,
SI •
tS'O

no
ns
no
wo

and has since then continued
The harmony prevailing and com-

action, but quickly recovered,

on

its

upward

course.

promise made at the Northwest pool meeting, the drop in

MS

Uiaamotm..
K'5
lova
CaJirnnil*..

foreign exchange and the resumption of gold shipments to

S4 3
SI'S

Or«»on

MS

Katinukt
Dakot*.

.

.

.

..

WMhlnrton

•)'0

America, the continued favorable reports of earnings, and
the hopefulness of the industrial situation, have been the

aO'O

chief elements of strength, to

As we have

referred to the above crops in detail in a

have

also

contributed.

which special circumstances

The atmosphere however has

showing the probable outturn in each not been altogether free from disturbing influences; of
here that though the pro. that nature are the strike of the switchmen at Minneduction of com shows some falling off, the general result apolis, the pork packers' strike at Chicago, and the labor
of all the crops is more than ordinarily good. In our cotton troubles on the New York Pennsylvania k Ohio, the
report we also indicate the yield of that sUple so far as it latter qoieklj settled however
little heed, however, has
can be done at this time, and find a promise of a crop in -be ^pttto them, and about the only purfrase they have
excess of last year.
The unsatisfactory phase of the served lias been to enable operators to keep the market
whole matter is the prices of our products, all of which temporarily in an unsettled state and secure stocks at
are very low.
This undoubtedly accounts for the slow small concessions. The drop in New York & New Engcollection*, which is a complaint quite widely made among land, when It became known that nothing definite had
merchants now.
been accomplished at last Friday's meeting, also aided in
separate article,

case, it is only necessary to say

;

—

Among

movements of the week have
management and directories of
various prominent companies.
The Western Union now
has Mr. Aiutin Corbin and two other new names in the
board, while a new president has been elected for the Dhio
k .Miiiiissippi, ao<l also for the Central Iowa. The selection of a new executive for the Ohio k Mississippi has
been accompanied by various
-vrnong others that
been

the

interesting

changes in

the Baltimore

A:

the

Ohio

ha/J lost

i

up control

of the

property and would henceforth send business destined for
St.
It

the

Louis

via

Chicago,

Baltimore

the

and
it

Cincinnati
that

Ohio's

Indianapolis

the
place

Erie
;

in

.St.

Louis

would
other

lake
wjr-ls

that the roa'l was to become an ?]rie connection, insteid
of a connection

hardly

involve an )

of the

Baltimore

k

We should

Ohio.

.igemenl

th;i

iices

ai

would
Of

this.

the attempt at

demorali;cation,

recovered the greater part of

but even this stock has
its

decline.

Pacific Mail

under the influence of the usual reports about the company's unsatisfactory
also

was made

has really been

to

relations with the

do duty

at

the

Panama Railroad

name

juncture, and

one of the weakest properties.

But

all

momentary effect upon the general market,
and when it became apparent that the meeting in the
Northwest was not going to break up in confusion,
these had only

all had been led to believe, there was a sudden change,
and one 8i)ecialty after another was** brought out and rapidly advanced, business being exceoJingly brisk and

as

transactions heavy and widely distributed.

The

didisulty

Northwestern pool with regard to milling in.lransit,
business was overcome by excluding all grain and grain
in the

ont.

London buying was one

of

iiartof the week, but yesterday

BTHE CHRONIOLR

444

[Vol.

XLin.

under a more warlike prospect abroad, there were some
THE HVUNINO POST
BIMETALLISM.
European account. Delaware Lackawanna
With our industrial interests prospering, and silver
& "Western and the coal properties generally have
bullion advancing, no more suitable time could be found for
advanced sharply during the week. New receivers were

ON

realizations on

appointed yesterday for Jersey Central in the persons

Kennedy and Joseph

of Messrs. J. S.

S.

but the

Harris;

The following statement, made up from returns colby us, shows the week's receipts and shipments of
gold and currency by the New York banks.
lected

Set Interior

Received by
Shipped by
a. T. Iktnk>. N. T. Bank:

Octobtr 15, 1888.

Ctmenoy.

MovemenU

teie.ono

la,187,000~ Loss.. 11,571,000

ieie.ooo

LO»8..tl.571.000

OoM
Total sold and lesal teDders..

we

believe, that mankind has only begun to reap the
which must flow from that movement and that these ills
will reassert themselves later on in worse form if the movement is not arrested. No excuse is needed therefore for
returning to the subject and to the strictures of the Evening
Post upon our remarks of last week.
That we may be as

as

stock showed no particular strength.

Wtek ending

wisdom of the movement now in progress
towards monometallism. This is especially true if it be a fact,

questioning the

ills

brief in our reply as possible,

assertion made,

ting the last

bank holdmovement to and
movement the banks

actual changes in the

that

from the interior. In addition to that
have gained $300,000 through the operations of the SubTreasury and $200,000 more by imports of gold. Adding
these items to the above, we have the following
which should indicate the total loss by the New York
Clearing-House banks of gold and currency for the
week covered by the bank statement to be issued to-day.
It is always to
be remembered, however, that the
bank statement is a statement of averages for the

"

think

ings of gold and currency caused by this

week,

whereas

change

the actual
as

the

between

below

figures

the

in

Friday of

last

should

reflect

the banks
of
and Friday of this

condition

week

week.
Into Banla.

Net Change in

Out of Banks.

Bank Holdinga.
Bank!!' Interior Movement, as

above

taie.ooo
10,000,000

»3,187,000
9,500,000

Loss. »l,571.o™i
Gala..
600,000

110,618,060

"lm,687,000

Loss. 11,071,000

Sub-Treasury oper.and gold import.
Total

tzold

and

The Bank

legal tenders

of

England reports a

loss of

£271,000 bullion

for the week.

This represents, as stated above, £60,000
received from abroad and £331,000 sent to the interior.

The Bank

and yet not omit any material

the statements in order, only put-

it fundamental and
Quoting our remarks with regard to
sources of value and to the conclusion which we reach,

we
The above shows the

we take

it

because the Postc&Wa

first,

so too.

" legislation

and can

or the edict of nations has

beyond a doubt, give or rob gold or

silver of its value,"

the Post proceeds as follows.

Here we find an apt expression of what we resrard the fundamental error of bi-metallism, viz., the idea that it is a part of
the concern of legiBlators to see that one commodity does not
get the better of another— that strict justice is meted out to
silver, and that gold is kept within proper bounds.
Elsewhere the Chronicle raises the question whether silver and
gold can be regarded as commodities, strictly speaking. Of
course, if they are not commodities in the strict i-ense of the
term if they are partly commodities and partly "fiat"
then there is room to say the one is getting an undue advantage over the other, and that something had better he done
about It, even if we do not see exactly what or how. We
hold that they are commodities exactly in the sense that
tobacco, muHket balls, and 'coon skins, all of which have been
used as money in this country, aie commodities, and that
their value is regulated by the law of supply and demand

—

solely.

This criticism,

if

assertions (1) that

we understand
governments

it,

is

made up

(legislators

is

of

the

two
word

used) have no right to concern themselves with regard

to

the value of silver or gold, and (2) that those metals are
in all respects commodities exactly as tobacco, musket
balls

and 'coon skins

are.

As

to the first of these state-

ments, a complete answer seems to us to be,

that

govern-

of France

shows a decrease of 9,475,000 francs ments have been doing for ages just what is here claimed
gold and of 1,350,000 francs silver, and the Bank of they have no right to do. They have (a) coined gold and
Germany, since the last report, has lost 11,740,000 marks. silver, (b) have regulated their fineness, (c) have made the
The following indicates the amount of bullion in the coins legal tender between individuals, and (d) have bound
principal European banks this week and at the corre- themselves to receive them for taxes.
Having done all
sponding date last year.
this until there exists now £700,000,000 of silver coin and
Oct. 14,

1886.

Oct. 15,

1885.

Sold.

SUver.

eold.

miver.

M

M

*

a

Bank of France
Bank of Qermany

20,283.781
21,546,134
54,884,153 45,407,572 45,800.315 43,887,332
18,433,026 14,459,475 12,813,300 15,660.700

Total tills week
Total prevlons week

93,C00,959 59,867,047 80,168,749 59,648,032
94,561,991 60,197,186 ^0,240,142 59,506,830

£700,000,000 of gold coin, and until there has been
brought into being commercial relations developed out of

and adjusted

to such currency conditions, it is too

question this

right or

the relations

of

life.

rather to-day look at the world

made

it,

late to

power and thereby disturb ftll
As practical men, must we not
as these

and try to adjust our theories

agencies have

to its present

needs

As to the
and not the world's needs to our theories.
statement,
do
not
the
facts
have
second
we
just
set out
The Assay Office paid $337,669 through the Sub-Treasincontrovertibly
that
gold
and
silver are not comshow
ury for domestic and $193,698 for foreign bullion during
the week, and the Assistant Treasurer received the fol. modities in the strict sense of the term ? They have had
conferred upon them by governments certain qualities not
lowing from the Custom House.
inherent in any commodity.
Can one keep tobacco or
Oontittinff of—
musket balls or 'coon skins in stock and at all times take a
ita(e.
Dutie$.
like portion of them to pay a like amount of debt or
U.8.
0old
Silver Oerffofat.'

Ifota.

Oct 8
"

9

"

n.

" 12
" 13.
" 14.
Total

08
46
97
74
32
91

$6,000
2.000
3,000
10.000
6,500
4,000

$2,832,419 48

$27,500

$487,011
359,132
464,178
801,797
391,775
328.493

*94,0«0
71.000
69.000
136,000
95,000
55,000

Oertifle't.

$338,000
239.000
323,000

tifleatet.

250,000
209,000

$54,000
49,000
69.000
67,000
39,000
60,000

$520,000 $1,945,000

S338,000

58fi,000

taxes ?

special character the

demand

it

creates

Government gives and
it purchases and

when

stamps gold and silver and makes its stamped bits legal
tender, seems to us most obviously to lift them out of and

above the natural influences which control other things.
may call it "fiat" if we choose; that is an ugly word,

We

but the

Included in the above payments were |10,500 in silver
ooin, chiefly standard dollars.

The

the special

name cannot aSect

the principle.

This brings us to another point the Post makes.

quoting the opeftiing sentences of our

article, in

After

which we

UCTOBKB

THE CHRONfCLR

16, 1880.

8Ut«d sabeunttmllj th*t it was not ^a new monetary
tem that was proposed, bat the restoration of an old

sys-

one,

says.

it

445

D jwn to 1876, when the
coinage stopped, the annual production of silver had only
induced, or forced, that suspension.

reached about £15,000,000, while gold
will hardly gay that international bimetalcould be attained, would be "the continuance of

still

continued at

was £24,000,000 in 1877. Now,
lism, if it
to this add the figures we gave last week, and we see how
the
influence
which
of
aometbioK very oM, UDon and under
the cummerce and ralues of the present have been built up." wholly opposed to the facts the idea of an overproduction
years
secure
recent
to
interfact,
all
the
efforts
of
In point of
to wit, that the gold production was only
of silver is;
nauonal action have been put upon the ground that the trouble
can no lon^^r be doctored in th'^ old methol, c. e., by the sep- £6,000,000 in 1849 and the silver £8,000,000; that gold
The Chroxiclk

£23,000,000; in truth

it

—

arate action of States, but requires aomethioK entirely new,
gamely r>^>< i'>"<t political and legislative action of th>- civil" greater port of it.
Nor is it quite fair to gay
ised W"r
that th>'
.; PoH leems to speak as if "the us- of silvei^'
involved «jiiieiUiiig entirely new. Tbe thing that we consider entirely new and wholly visionary is not the use of silver,
bat the att-mpt by joint resolution to make two things which
a>e unequal to each other equal. This project, and not "the
tne of Sliver," we likened to the discarded arta of alchemy.

the next year saddenly began to rise until in 1352

and

reached nearly £37,000,000

down

about £25,000,000

to

continued

1871,

it

had

to average

with silver in ,1871

only about £11,000,000, that being the higSest silver

production of any year from 1859 to 1871.

These facts seem to leave no room for controversy. We,
find no way of avoiding the conclusion thej
bring us to, that if this were an ordinary question of
of silver shall be secured through an old or a new method
we have not advocated any method, bat have left the supply, silver would have materially appreciated with
emergency to develop the plan. All we have contended reference to gold, instead of gold appreciating with refer,
For, beginning with 1830 and taking the
for is tbe principle of tying the metJkls together in some ence to silver.

We

will not stop to discuss

way and
toration
itMlf.

at

some

ratio,

whether the rehabilitation

and that was the method of

res-

which we referred to aa being at old as history
however, join inaewith the Puet as to

V,'e should,

at least, can

years

dowp

to

and including 1877 (tbe year

after the

Latin Union stopped coinage) the total production of gold

was £675,000,000 and the

totsJ production of

silver

was

the Maertion "that tbe troable can no longer be doc- only £290,000,000, reversing the proportions in the ac" tored in the old method," if we nnderatand what ii cumulated stock existing prior to the former date, and
nMant by that expretuon.
We are unable to Gnd thereby adding to instead of detracting from the natural
in

the article or

elsewhere any evidence of the truth

The method in operation when
demonetization movement began was that adopted by

of the statement

the
the

States compoaiog the Latin Union, and that of coarse did

not consist in the number of aignatarea to the treaty, but
to tbe idea or system

Oermaay

its

provisions pat in action.

Had

or England or both, joined the Latin

the time of

its

formation their joining

it

Union at
would not have

any change whatever of principle. But we
h»Te no partiality for that arrangement if a better can be
dcTlMd. All that is needed is tbe restoration of tbe
nUMMtary equilibrium as it existed prior to 1872, tbe
giTing back to silver the usee and privilegea it enjoyed

neceaaitAted

What was

relative value of silver.

It

then, in face of this

Most clearly we answer it was " the fiat " of Oermany endowing gold with a
value it did not before possess by stamping across bits of
gold "legal tender" within that Sute, and the "fiat" of
Oermany erasing "legal tender" from bits of silver within
the same Slate.
fact,

that changed

One

the

conditions

single thought more.

?

Does the stoppage of free

coinage by the Latin Union under such circumstances as
these encourage the belief that the method or underlying

Union ia a
"can be no longer doctored

principle of that

not rather say that

it

failure,

or that " the trouble

in the old

method"

?

May we

proves that tbe method was the cor-

rect one ?
It was violating the spirit and principle of the
But the fotl claims that no association of nations, no Union that brought about the suspension. Had Germany
international action, can reinstate sUver, and it advances signed the compact, suspension would never have taken
Tbe method was correct, but let some more naas proof of lU assertion that the Latin Union was a place.
tions sign it next time
that seems to us about what the
failure.
lu words on this point are as follows.
the
history
of
Latin
Union
teaches.
The CHKOincxx will rot affirm that there haa ever been any
intrnistiiii'al anion of this sort.
The BcarMt api>roach to it.
the Latin M< neUiy Union, was Dotsucceasful. It nucceeded
only to far as there was no material diveraence between the TBE
COURT OF APPEALS ON RECEIVERS'
BBAiket tatio and tbe mint ratio of gold aiiasilver. When the
CERTIFICATES.
divergence became material the union became a mere simulacrum and a practical nullity. If the several mints repremnted
Investors
in railroad securities are to be congratulated
by it had remained open, tbey would have been exposed to the
charge of practicing aictiemy. seeking to bansmute silver into on the decision just rendered by the Court of Appeals in
ptid. and would have stopped tlie pracUoe perforce after they
bad lost i-ll their gold and gained a cormpiinding amount of the case of tbe Metropiolitan Trust Company against the
silver.
And so it would be if alchemy should be practiced on Tonawanda Valley k Cuba Railroad Company and the
a larger icale. If the exset market ratio were adopted as the Farmers'
Loan k, Trust Company.
Ever since the
mint ratio at any parti<-ular time, the alcbemista would go oo
swimmingly until the market ratio changed, and no longer. Supreme Court of the United States took its celebrated
Of ooarse ibe p>of»^s«ora of the art fay that it would not change, " new departure," and rendered its extraordinary decision
tattoring tbe fact that it did chaoKe repeat«<llj in those p 'riixis
or tbe world's history when bi-metallism existed not by virtue in Foedick v. Soball, it has almost seemed that the eminent
of international conferences, but by parallel and concurrent counsel was
right who said that henceforth be would
Mtioa and by tacit agreement, a much more perfect agree-

previous to that date.

—

BMOt, by

tlie

way,

tlian could ever be

reached by a convention

advise his clients to invest in floating indebtedness rather

first mortgage bonds.
Tae United States Courts
have gone on and rendered a series of decisions which
ing the above that silver, through increased production de- have almost gone to the length of leaving it to the Circuit
clined in price to such an extent that the Latin Union Judge to ddtermine what claims shall be paid in preferproved a failure. We believe it to be perfectly obvious ence to coupon interest.

than in

One anicqnainted with tbe

facts

would suppose

in read,

that current production could have had nothing whatever to do with the decline in price which led the Latin
Union to suspend coinage; that it was tbe demonetization

of silver by
ia

OermsDy

BOW proposed

of 1871

(ihat

to return to

and effected

away

Jadge Woods,

of

the

United States Sapreme Court,

struck a severe blow at these loose doctrines last May, in

& Texas Central case, and now the Nuw York
Court of Appeals, by a unanimous vote, comes right back
the action to first principles, reversing the Qeneral Term at Buffalo,

of what

the Houston

is,

tbe taking

it)

foreshadowed in
and snbaeqaent years, that and setting aside as void receivers'

in 1873

it

certificates

issued to

THE CHRONICLE.

416

[Vol. XLlir.

pay employees of a railroad during the three months next ized to indemnify him for any loss he may incur on such n
proceeding through suits of damages for trespass. The
preceding the receiver's appointment.
The action was brought to foreclose a mortgage made dispatch that gives us this information also says that the
by the railroad company. The Farmers' Loan & Trust State Auditor is in no good humor on account of this attiBoth trust tude of the City Treasurer and if he believes that efforts
the holder of a prior mortgage.
companies appealed from an order authorizing the receiver at repudiation are synonymous with efforts at honesty and
to issue certificates to settle the pay-rolls for the three fair dealing, and should succeed, we should hardly think
months next preceding his appointment, and also to meet he «rould be in good humor. And yet what other course

Company was

;

is open to the Treasurer ?
Even if he is willing to risk
and himself and his own property, he is of course under bond,
and no bondsman would be willing to insure a man against
tjie certificates set aside.
The Court in its opinion, which was rendered by Judge a hundred lawsuits, even if he had the State of VirDanforth, says that it is unable to discover any principle ginia (a State that changes its mind) to indemnify him.
upon which the claims of the employees for labor per- For when u Treasurer makes a levy for taxes on propformed before the appointment of the receiver can lie so erty for which coupons have been tendered in payment,

own

his

The

deficiency for supplies in operating

trust companies

were sustained on both

the road.

points,

extended as to diminish or impair or postpone the lien of he lays himself open to suits for trespass, with the
the mortgages; that the order requires their payment out absolute certainty of having the suits decided against
To be sure, the
of the property of other creditors; that the argument in him, and very heavily too, for damages.
its support is that the value of the mortgage lien has been State has provided for this contingency by an Indemnity
enhanced by the labor of the workmen, but that under Board, but suits, if begun, might last for years, the
such a plea the lienor might be entirely defeated and his
mortgage be rendered useless, and that the courts have no
power to sanction such a result. Then comes the following very significant language, clearly showing the determination of the Court to walk in the old paths: " It is

judgments might aggregate an immense amount of money,
and meanwhile the Legislature might repeal the law
creating the Indemnity Board, leaving the Treasurer and

" going a great

in all this, especially in

way

in that direction to permit, as

it

is

his

bondsmen subject

" true courts sometimes have permitted, a receiver of an

Did not the State

" insolvent railroad corporation to pay for materials and
" labor procured by him after his appointment, necessary

receivable for taxes,

" to the running of the road

case,

" winding

up

may

it

of the affairs

be,

but not to the

"propriety of that practice we are not called upon to review."
As to the other item appealed from his deficiency for

—

supplies used in operating tte road, which

bad no funds

to pay, the Court

it

law?

sustain

it

There

why

and

its

the

many

her
?

obligation

A

in

the

one

bondsman would thus

of faith in the State's integrity

has shown ever since the State

present course.

of the

efforts

mercy of

in the very next year repeal that

outside world

The creation

the

at

nothing improbable

view of the State's past history.

not in the other

entered upon

is

one year pass a law making coupons

After repudiating

that the

appeared he

refused to

in

The merely show the same lack

the corporation.

of

new laws and

to

court decisions and juries.

Indemnity Board was the latest of
State to evade her obligations.

of the

found in the papers no statement of the con- Each has occasioned new difficulties to the bondholders,
and nothing to but one and all have been futile in the sense of relieving
show that the debts were necessarily incurred.
the State of its responsibility, which was their object.

because

it

sideration or cause of the indebtedness,

who have

The trouble had its origin way back in 1871, when the
The decided funding scheme was passed by which bondholders had
stand taken by our highest court cannot fail to have its their holdings cut down one-third, and received new

The

trust companies

deserve the thanks of

effect in restraining the circuit

large discretion

prosecuted this appeal

the community.

judges in the exercise of the

bonds for the remaining two-thirds (deferred certificates

which the United States Supreme Court were given for

has vested in them.

bearing

LATEST PHASE OF VIRGINIA DEBT MATTER.
The

diflSculties that beset

Virginia in her efforts to

representing AVest Vir-

the other third as

ginia's proportion

of

the indebtedness),

the

coupons receivable in payment of

The terms

other dues to the State.

make and under the arrangement the
was exchanged

new bonds
taxes

greater part of the debt

Ever

debt repudiation effective, ought to convince the people

affected

renowned commonwealth that simple justice
common sense, and her own weal alike dictate a change of
policy, and suggest the adoption of a course more in harmony with her material interests and more consistent with

time the State has been engaged in efforts to

of that once

as

The

and

offered were accepted,

proposed.

since that

avoid

was to enact that
taxes be receivable only in gold, silver. United States or
bank notes, but even the State Supreme Court would not
the maintenance of the State's honor. A violation of sanction such a direct and palpable attempt to evade the
the ordinary principles of good faith, whether by an indi- State's obligations, and the act was declared unconstividual or a community, is always sure to entail adverse tutional.
When Mahone and his lieutenant appeared on
consequences if not directly, then indirectly. Moreover, the scene, what are known as the Eiddleberger acts of
receiving the coupons.

first

step

—

while the act always brings
case of Virginia the creditor

power

for defeating the

its

is

effort.

own

retribution, in the

possessed

also of

special

Hence the offender

feels

1882 were passed, proposing the scaling down of the debt
one-half (47 per cent), and reducing interest
until a jury
to three per cent, and enacting that

nearly

had passed upon a coupon and declared it genuine, it
knowledge that after all the loss of honor he has incurred, could not be received for taxes. Of course the idea was
his designs have been frustrated and the end aimed at has to accomplish indirectly what could not be done directly,
not been accomplished.
and though it did seem for a time as if the State might
"We need hardly say that the above remarks are called succeed, the decision of Judge Bond in September 1883)
forth by the intelligence from Richmond that the and the United States Supreme Court decision iu April
City Treasurer has informed the Slate Auditor that he 1885, effectually removed all doubt on that point. The
the humiliation of his position

will not levy

all

the more, having the

on the property of tax payers who

payment
ing that the Board of Indemnity
consolidated coupons in

offer

him

latter decision declared that

" the lawful tender of pay-

of

taxes, notwithstand-

"

of

the State

" being sufficient to deprive the

is

author-

ment

of taxes

is

equivalent to

actual

payment, either

collecting officer

of all

October

THE CHRONICLE.

16. 1886.]

and making every subOf course, the efforts of
March 1884, a law had been

" authority for further action,
''

sequent step

illegal

and void."

the State did not stop here; in

in the State the action

pasaed abolishing

of

against officers levying after tender of coupons.
as

we have

seen,

trespass

Later,

came the Indemnity Board, which

also

this is not

447

an attempt to state exact

effort to reflect

what tbese

Before giving the figures in
the

results,

but merely an

results are likely to be.
detail,

crops as a whole will not be

a few words as to

out of place.

With

regard to com, the Bureau says that indications promise a
crop of at least l,650,000,000,bushels, and our calculations

aonght to encourage the tax officers in refusing the coupons. in the way we have made them show 1,697,564,000 bushels.
All these various enactments had one and the same Either figure leaves a considerable decrease from the
object, and we rehearse them simply to show how previous year, but in that year the production was excep-

—

thoroughly the State has been engaged in the work of tionally large the total yield in fact having never been
its obligations, and also tc show how it has been exceeded, and reaching 1,936,176,000 bushels.^ The probaffled at each step.
The position of the matter to day is duction is also about a hundred million bushels smaller

evading
thie.

A

taxpayer has only to tender the coupons and

if

they are refused, he can deposit them with the clerk of
the L'oiud States Court,

and the Court

pettul injunction against the State's
action for trespass
its

is

will issue a per-

officials.

Whtre

an

brought, the position of the State and

equally uopromisiog, for notwithstanding

officials ia

than two years ago, but prior to 1334 a production oj
1,700,000,000 bushels (which the present year about
touches) was considered

in

Mr>reover, at the meeting of the bondholders in

In 1833 the yield

1879 and 1880, which were the previous years of heavy

yield, the

the backing given tbem by the Indemnity Board, the Slate millions.
officials naturally have a wholesome fear of the conse'
1884, it
quencfs.

very heavy.

was only 1.551 millions and in 1332 1,617 millions, while

other

production was respectively 1,754 and 1,717
Thus while the total is below that of 1335 and
nevertheless

is

band,

On the
above the average.
100
of wheat ia about

outturn

the

England the other day it waa distinctly declared that in million boshela heavier than in 1885, and considering that
any stiits brought, the membera of the Indemnity Board a bushtl of wheat is worth much more than a bushel of
would be made jointly and severally liable with the col- corn, we may suppose that the loss in the latter is nearly
lector for the trespass.
Of course all this does not enable offset by the gain in the former. Oats is the only other
the bondholder to get the value of hia coupon, but it crop of large dimensions, and that shows a production only
shows where the equities of the case lie, and the predica- a few million bushels below that of 1835, which was by far
ment in which the State Gnds itself.
Taking these three principal crops
the largest on record.
But ia there not in all these efforts and failure, a sug- together, it will perhaps surprise some of our readers to
gestion worth heeding?
For if fighting creditors does find that the aggregate is below that only of 1885 and

not accomplish anything,

We are sure they will
proposition.

why

not try to conciliate them.

not reject any fair and reasonable

Indeed, the reaolation adopted at the meet-

1884, as the following summary will show.
AGOaaOATB TIBLO OF WITEAT, COM AMl^OATS.
*
Baaarla.
V«r.
raur.

ing in London referred to above (a large part of the bonds
are held in England), expresMf a wilUngneaa on the part
of bondholders to entertain any fair proposition " based
" upon present taxation and the available revenue after

" providing for the conalitntlonal appropriation for govern-

imt..

BfUml*.

s.«i»,«mj»

last

S.TM.SIT.ODO
*.M*.««T.00O

iMi...

i.wi.ew.os»

tWl-SSOAtt

Ii«l4

9,(B8,«1P,")OT

t.MS,4aS,«S3

1«9

«,(MI,«8»,S1«

225 millions heavier than in 1883, and
160 millions heavier than in 1832, and 770 millions heavier
than the aggregate in the short crop year of 1881. In

Thus the

total

is

and other public expenditure." It will brief, it may be said that we have had several successive
is not aaked to pay more than it years of good crops, and this year is no exception.
esn afford to pay. The time, too, is very opportune. now give the details of the wheat production, both spring
The South has just entered upon a new era of prosperity. and winter, for '.the last two years, worked out aa above stated.
Indnstries and propertie*, formerly embarraHed, are being
PntiMeatri
Pro.
durHom
PnOttct,
9ftiitt ITkMt.
teorganiaed, and placed upon a new and more substantial- Wtmltrjnn*.
1896.
1888.
ISSB.
basia.
A bond or stock at a low rate of interest sells as
Bu4hrU.
Buthrtt.
Bvhtti.
01Uk«lf.
eoe.ooo
high now as one formerly at a bigh rate. Why should Kew Vork..
817,000
ii.g«e.ooo 10.040.000 Mate:.
U,7B7,0i« 19^8,000
18,107/100 U.aBMO' Wlaeonala
not the great State of Virginia fall in line, and by settling
88,aiS,U00 84.1188,000
S.8tl,Sli« MlBDCMHa..
S,M»,000
83,8i4.aao 8ojias,ooo
S.n«,000^ Iowa
18,788.000
her obligations remove the only blot remaining upon her
18488,800 iBM^mM
4o.ofl8.eoe tOJ8B.0aO lifabruka..
fame and integrity. The impulse that a restoration of ObU>
s.s8ej8eo
88«4*joae SUBI/m Cotonao...
MIehlcaa...
87,MI8.a00 874)18.000
»,-mtjata SS.OI«,OnOl Dittota.
credit would have upon the promotion of the State's material iDdian*
1,184,000
1,048,000
MMIJOCO IO.a83.00O Idatau .. ...
tllliiou
1,718,000
welfare and prosperity, can hardly be overestimated.
1J11I,000
84.70t.000 ll.S79.aoo Mnniana...
Mluourt....

"ment,

schools,

We

be seen that the State

'

EXTENT AND DISTRIBUTION OF THE
With

CROPS.

the publication of the October report of the

Agricultural Bureau at Washington,

we

are in position to

Califoral*

..

OraioD

Ujteojno ll.ivr.ooo snUtxteo..
SM*e.00O t«.SM.aoo t'lah.
II/Me.OM 13,018.000 WaablngtoD.

Toial....

An oth«n..
ToUIU. 8..

40JM.OM

188.048.000|

Total

88.188.000

Iah otban...

8,407.000 811 .840,000

Total U.

8..

l,007,0UO

1,088.000

l,ltt8,000

l,88r,00!>

8,781,000

7,418,000

i4<,aeo,ooo 144.814,000
1,088,800
1,000,000

uajiM»,ooo I45*»7,000

form a pretty accurate idea of the yield of the crops in
The gain here of course ia wholly in the winter variety,
Through the
the aeaaon now approaching ita cloae.
But the
which
last year was such a complete failure.
eonrtesy of Mr. J. H. Dodge, the Statistician of the
bushels
million
two
than
more
hardly
variety
falls
spring
yield
Bureau, we have obtained the figures of the average
per acre for

all

the leading States in the case of wheat,

oata and barley, and with these averages

have calculated

the total yield in each of those States on the basis of the
aeree ge known to have been sown to each cereal. I a the
ease of corn, of course,

jMd per acre;

it is

not possible aa yet to get the

but in order that our readers might have
an approximation to the probable outturn, we have undertaken to indicate the production for the various States on
the beais cf the condition figorea aa modified by the

changes

in acreage.

It

below the toUl of 1885, which is certainly surprising con"
how discouraging the rumors and unofficial reports
with regard to it were in the height of the crop season.

sidering

We

note that

MinnesoU

raised

nearly 37 million bushelp,'

against only about 34 J millions in 1885; that Iowa raised
33'^ millions, against 30^ millions, and that Wisconsin

more than in 1885. Nebraska appears
State in the Northwest that has suf?
only
the
about
to be
fered much of a los», its production being cut down from
should be clearly understood that 19,828,000 bushels to 15,165,000 bushel?. The decreaae
also raised slightly

THE CHRONICLE.

448

[V<H,.

XLIU

fact to
The changes here are by no means uniform, but it
unnecessary to refer to them in detail.
As, however^
Northwestern States
many
of the Northwestern roads have a good traffic in
Iowa,
Nebraska
their
Minnesota,
Dakota, Wisconsin and
that cereal and make large deliveries of the same at
aggregate production is 123,153,000 bushels this year, or Chicago,
it is well to state that
the aggregate yield of
about the same as in the previous year, if anything some- Minnesota, Iowa, Wisconsin, and Nebraska, does not vary

in Dakota

is

remember

is,

The important

relatively trifling.

taking the

that,

five

—

what

On

heavier.

the

Pacific

Washington

Coast,

Terri-

tory has suffered quite a heavy percentage of falling

^With

regard to winter wheat, the gain
the exception

versal,

stood alone in

'than any other

almost uni.

last year
and raised more wheat

being Michigan, which

excellent yield

its

is

off.

State or Territory in the Union,

a great deal from the yield of the year preceding, being
182,133,000 bushels this year, against 184,06H,000 bushela
last year, though Wisconsin and Nebraska both fall below
1885, and both also have lost in the case of barley.
Nebrai^ka indeed appears to have been unfortunate in the
case of every one of the cereals.

while

Oregon also shows a decrease. All the other States have
RAILROAD EARNINGS.
an increase. The gain is most important in the Valley of
Railroad earnings still tell the same story — a pretty general
the Ohio, or in the States commonly classed as Middle and an unint' rrupted improvement over a year ago. Only six
Western. Thus Ohio, against 20^ million bushels last roads out of the fifty-two included in the table blow for the
first week of October fall behind their totals of 1885, the aggreyear, this year has 40^ millions. Illmois has about 25 millions, against

Indiana has an increase of

lOf millions.

about 9 million bushels, while Missouri has augmented

its

production from 1\^ millions to 24 J millions, and Kansas
la up to 16|- millions from 11 1-5 millions. Of course a good
part of the winter variety of wheat has already found

way

to market, but

these

heavy gains are interesting

com

in the twelve States of largest

in

yield this year, as

years preceding.
Indicated

1885.

207,128,000
208,697,000
154,102,000
156,352,000

Iowa
MEssonrl

Kansas

.

18S4.

yield for '88.

Indiana

122.754,000

Nebraska
Ohio
Michigan
Tenoessee
Kentucky

102,505,000
99,67^,000

Bushels.
26S,99«,n00

244,541,000
252,600,000
197,830,000

242,496,000
196,881,000
158,390,000
131.994,000

18-<,500,000

104,757.000
122,100,000

129,4-46,000

27,292,000

111,883,000
30.708,000

74.077,000

75,581,000

Pennsylranta.

91,457,000
41,984,000

90,569,000

New York

20,'i79,000

1883.

BUih:lS.

85,393,000
28,022,000
65,723,000
71,880,000
48,468,000
22.674,300

48,074,000
22,448,000

Bushels.
203,7*1,500
189,629,000
181,855,000
172,800,900
95,820,1)00

101,278,900
73,580,000
21,412,300
64,239,000
78,201,800
87,857,400
17,512,700

1,301,679,000 1,50d,40S,000 1,405,509,300 1,197,578,500
430,788,000 390,010,132
895,885,001
853,493,395

Total
All others

Total Unit-d Stutes

1,897,561,000 1,936,176.000 t,7M5,5^^,432 1,551,083,395

1885.

off

52,400
31,508
13,117

Baff. N. Y. <t Phila
Buffalo Rocli.
Pitts
Clilc

&

&

Cairo Vln.

Canadian FaciUo
Central Icwa...
Chicago & Alton
( hicaf-'O & Ailaniic
Chlcaco & East. Illinois.
Cliio. Mil. & St. Paul
Chicaeo & Nurthwcst
Chic St. P. Minn. & O....

* W e-t Mich

&C

tin. Inrt. St. L.
Col.
Midland

&an.

Denver & Rio (irande
Des Moines & Fort Dodge
Det. Lansinp

Si

NorthL-rn.

ISastTenn. Va. & Oa
Evansvillo <ii Terre

Increase.

H

& Perc Marquette
'Grand Tninli nf Canada.
111. Cent. (III. &bo.D.)...
Cedar Falls & Minn
Dabu()ue A Sioux City
lowaFalli &S. C
Indiana Bloo tt. AWest..
Lake Kile & Western
.

Long Island

Decrease,

. .

Manhattan Elevated
Maiquette H. & Out
Memphis & Cliarleston
Mexican Central

L

&

8.

&

4,595
4,429

182,01)0

39,001)

40,719
590,359
645,700
139.000

30.4.i5

•.i4,509

'

..

West..

Northern

.

Minnesota & Nort!:wejst.
N. Y. City & Nortlicin...
N. Y. Ont. & Western....
Norfolk & Western
Northern Pacific

2,700

8,.i88

31.431
187.885
38,903
44.502
623,00
6459110
143,300

960

32.391

184 549

3,336
10.817
3,783
32,641

2-0S8

2-0

60,9.'i3

50,1.20

7,242
141.530
8,429

4 749

4,300
5,946
10,333
2,493

141,4:<5

95
10,863

14,ti48
43.0(i8

9,566
24,795
81,572
14,440
35,823

387.319

337,2t.9

240,301)

225,0 (6
3,391
23,2 ;9
15.303
57,904
21.364
61,334
270.240
36.114

22,6 15

4,300
2D,S00
1H,300
72,103
28,347
66,.=)8ti

Louisville & Nashvlllft
Louisv. New Alb. A Chic.

Milwaukee

221,(011

55,100
2b.913

92,435

Flint

Mtlwaukei^

from last year,
Illinois, Missouri and Ohio, the three States which gained
most in wheat, losing most in corn. In Indiana the dcTnis shows a pretty general falling

1886.

Isttoeekof October.

Clilcaj?o

Bllahels,

nitnols

over nine per cent.

little

$

compared with the actual production in each of the three
Com Production.

a

its

view of the pretty general diminution in the yield of corn
Here is the estimated produciion
in the same States.
of

gate decrease on the whole six reaching only $15,207. Against
this, the remaining forty-six have an increase of $461,526,
making the net increase on the fifty-two roads |446,319, or

307,215
42.1S8
153,751
30,022
36,148
65.100
57.913
12.716]
10.963'
12,717,

V7.569
81,431
353,578

1,137
2,150

208
7,245
50,050
15,264
9. 9
2,531

997
14,199
6,98.1

5.252
36,975
6.074
24,12.
6.622
6,302
20,952
25,448
1,174
6,628
3,150
1,065

129 326
•J 3 400
29,846
44.148
32.465
11,542
4.335
9,567
26.504
62.361
340,765

19,<i70

102,5401

101.38."

12,813
„ 1,158

127,493
K'y & N av. Co.
heavy had been the increase in the previous year. In Orepon
EvansvUle
17.570
Peoria Dec.
in
the
other
Inland
32,148
heavy,
but
as
cases
Grand
loss
is
also
it
A
Iowa the
is
St. Jos.
30.532
T. II., M. Line
St. L. MX.
offset in part by the enlarged outturn of wheat Nebraska
18,697
Branchc'
42.832
however hassuffered a two-fold loss, first in wheat, and then St. Louis Ark. & Texas
117,137
San
Fra'isco
Louis
&
St.
In the South, Kentucky and Tennessee are both St. Paul.feDuluth
in corn.
47938
288.175
L. * Pacific
to be mentioned for their favorable comparisons. Both had Wabash St.Cenlral
30,351
Wisconsin
very large increases in wheat, and now we find that in
5,342, 3i;
Total (52 roads)
corn Truuessee is close up to its large total of 1885, while
Net increase
Kentucky is ahead not only of that but of the other
• Week ending October 2.

133,899
13,383

4,187

crease

is

unimportant, especially

when we consider how

Ohio

&

Mississippi
.

<fe

/s.

;

.

1

In the matter of oats, Illinois is the
previous years.
State of largest production, and as thai State has sustained
such a heavy falling off in corn, it is satisfactory to note
Below we give the
that the decline in oats is very small.
production of oats by States in the last two years, and also
the barley production in the same period.
Indicated
Product,

OaU.

1886.

New York

40,976,000

PennsylTanla.,

42,288,000

Ohio
Mlchlgaa

tion,

Indicated
Product,

Barley.-

188B.

1886.

1886.

Bushels.

BusheU.

38.878,000

New York

. . .

34,326,000

21,789,000

31,876,000

27,178,000
108,967,000 107,968.000

Illinois

Wisconsin...

fVlBCOnstn

40,840,000

47,778,000

Minnesota
Iowa

Minnesota

40,849,000

37,544,000

California....

Illinois

...

owa
MlBSOuri.
K ansas
Nebraska....
'

Total
All others
Total U. 8.

.

Nebraska
30,688,000 28.312,000 Oregon
85,878,000 27,145,000 Dakota
28,u97,000 24,028,000 Washington.
78,847,000

74,718,000

508,eOS,000 606,932,000
111,892,000 122.477,000
...

tton,

6^0.500.000 629.409.000

. .

.

Total
All others...

Tola' U. 8.

.

,

28,755
15.065
37.322
104.662
41.000

1.777
3,632
5.510
12 475
6,938

269 8J9

18,.

4,89

46

33'j

30,0151

4 .l.iJbt
44e.3n!

.,81.1

15,:0T

0l01ietarBg®ommerctal £ugUsii Mt^i S

Time.

Amsterdam.
Amsterdam.
HambnTg..
Berlin
Frankfort..
Vienna.
Trieste

7,403,000

7.47S.000

704,000
1,166,000
1,321,000
7,131,000

628,000
1,401,000
922,000
8,604,000

8633,000

8,oa'),000

5,040,000

6,106,000

16.718,000

12,205,800

8,898,000

4,066,000

Cadiz

800,000
2,899,000
832,000

707,000
2,856,000
789,000

Usbon

85,178,000

62,895,000

4,800,000

4,699,000

69,978,000 67,394,000

'i",85i

BATES OF EXCHANUE AT LONDON AND ON LONDON
AT LATEST DATES.
EZOBAHeE AT LONDON- Sept. 30. SXORANeX ON LONDON.
o»-

Bushels.

Ohio
32,459.000 37,470,000 Michigan
18,843,000

Indiana

Produc-

6,40ff

34,0' 12

Antwerp
St.

..

3 mos. 12'3S8 012-4
«12'3
Eight. 12 2
3 uius. 20-54 «20-ft8
"
2055 »2059
.4
(1

f«
(1
.

Genoa
Madrid

20-54
12-70
12-70

Latest
Date.
Sept.

Time.

30 Short.
....

Sept. 30 Short.
•*
Sept. 30
•*
82058 Sept. 30
**
1»12-72'« Sept. 30

al2-72is
....
....
25-48% »25-53% Sept. 30 Short.

BaU.
12-10
......

2040
20-40
80-40

1257
..

...

25-32 1«

22^822=8

Petersb'g

Paris
Paris

Rait.

Short.

Sept. 311 3 mos.
25-27 >sa25-32>s Sept. 30 Short.

3 mos. -i5-45
«(

"
i*
«»

a25-50

164346
46Ma46
52% 952%

.

25-0&

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

26-6219 a25-t7is

...

Alexandria
Constant'ple

Bombay
Oalontta
(few York...

Hong Kong.
Shanghai.

Dem'd

la. 5i4d.
Is. 5>4d.

I

.--.

Oct.
Oct,
Oct.
Oct.

_^

Oi-t.

1

u

1
1

1

t«l.trf8.

"

60 days
4 mes.
**

la. S'l.d.
la. r>'3ii.

4 82
3s. :<d.
4s. t d.

OCTOBKB

THE CHRONICLR

16, 1886.1

tFrom our own aorrea[ion(lenc

I

London, Saturday, Oct.

2, 18»<6

449

sources continues to be a progreesive quantity. Interest on
advancer discloses a falling oS for the quarter of £52,941, and in
miscellaneous receipts there is a loas of £183,593. An examina-

Now that the quarter haa turned, it is quite within the rang^
of possibility that the improving trade symptoraa will become tion of these returns will tend to confirm the view that trade is
more obvioas and the closins; three months of the year com- exp'inriing. They show a satisfactory increase under all those
pare favorably with those just completed. Hopefulness as to heaJs which would be affected by trade revival, and certainly
the future remains as much as ever the chnractt-ristio of warrant the assumption of more hopeful anticipations aa to
anticipanona, and it is to a considerable extent justiUed. The the commercial future than were possible three months ago.
In the money market there has been considerable excitefact that the speculative mania has been confined mainly to
Stock Exchange circles u, as I have often mentioned before, ment during the week. Balances have been materially rean encouraging symptom, as with an ahaenoe of inflation the duced. The demand received an exceptional stimulus from
ohanoee of a consolidation of any improTement which may the fortnightly settlement on the Stock Exchange, which haa
been one of the heaviest known for a very long time. With
occur are increased.
Beporta from the leading centres of industry are of such a the siitisfaction of these requirements the demand fell off,
UUore as to give color to the hopes now entertained. C^eve- but although the extraordinarj' rates charged for a day or
laiid remark 1 that the iron trade has been a good deal firmer two namely, from 5 to 8 per cent for advances against conthis week. Shipments for this month from the Tees of pig trols were not maintuined, the market more or less kept up
iron promise to be the best of any month of the year, the its firm appearance, and although a certain amount of temInoreaae being on foreign account. Leicester notifies that the porary weakness may result from the distribution of the
improvement in the wool market is maintained with great dividends on reduced and new 3 per cents, etc., next week,
flrmneH, and although speculative operations on a large scale the general expectation ia that money will permanently
haTe been tospendeJ for the moment, a f'ir quantity of wool harden in value. There are reports of gold being wanted for
is changing hands at the full limit of the a-lvanoed prices. Germany, and any revival of the inquiry for Ncw York would
Liverpool we learn that though the cotton market in its soeedily exencise a very decided influence upon rates. In the
(Daral aapect baa been leas animated than of late, the Bank of England weekly return some important changes are
Mqaireoienta of spinner* oontinoeon a large scale and there recorr'ed. Rather free borrowings from the Bank have been
an also good aalea on speculation and for export. Mat>chester noted, causing an increase of £3,447,438 in " other securities;"
aiUnna that export yams have been very firm, and th-y are but a portion of this is returned, as under the head of "other
ttUl inclined to birden, though there is not much actual buai- depoeiu" there is a gain of £3,483.006. In the reserve a
neas being effected, aa buyers are unwilling to pay t^ e advaacea loM of £987,888 ia disclosed, ( f which £730,315 is on account
aaked. Leeda states that the woolen branches oontinue very of increased note circulation and £307,533 because of debrisk and animated and the benefit of the lncrea««d trade ia creased bullion. But the quarterly payments have doubtless
being felt by all claasea of manufacturers and merchants, and had a good deal to do with these changes. The pn>portion of
that there is rather more doing in yams, with the prnnpect reserve to liahilitiee now stands at 41 per cent, against 48'4S
ttat prices will aoon reaoh a moce rennuierative point than per cent last week. The amount of the reeerve is £1 l,813,686i
Bradford, BirminKham and or about £685,000 less than last year, and the stock of bullion,
thajr have done for a long time.
Sheffield appear equally favorably situated aa the towna above which is £31,200,78!, shows a decline of about £708.000. The
loans borrowed from the Bank will have to be repaid in the
FhMn thia oollectioQ of reports it te abundantly clear that the conrae of the next ten days, and it will then be fo«l^d that a large
movem- nt now In progress in trade is not a mere myth, not. portion of the dividend money will have been anticipated.
withstanding the oiroaaM(an<-e that the railway traffic does
The rates for money have been as follows :
not aa yet oompare favorably with last year ao far aa the
InitnH n»iwa
reoeipta from gooda are cooormed. But even in contidering
/orSamHtak*
that branch of the subject, it must not be forgotten that railTV«4< BUIt.
BmrnkBOU.
JatiU DtmtB'tf.
way chargea are in many inatancea lower than what they were
Ma IVm #m
Ota
fVw
mock M 7(0 14
a year ago, snd when allowance has been made for th»t, it
OaU.
tliiau\lfmUu\MmUlu'M'mUu\tHm*lt. MantJu
will be seen that the quantity of goods carried is larger than
NomX
Au.lsi3M*HaSN SN* -a a - Nom-I.' No
SMSM
a cursory examination of theaa flgnrca would lead one to
«Ha - «*(« - > •'H 3M«sm!sm«3s
8
man\»
SNasK**»«8
SM*K
faaliave.
Again, it must ba lamanilwiiiiil that many of th*

—
—

Wom

tn

otden now giving a more antmatil aspect

to the various

commercial centr<s are yet awaiting completion, and until that
haa been effected the railway companies cannot be benefitted.
Before the gooda traffic can be influenced we must be oontent
to wait a few weeks. However, the general concensus of
opinion

is

M

Oct.

|l

SH (Ma SMisM«

-'*>«•

England, the Bank rate of disc:ount. the

certainly In favor of better trade.

for the past quarter are more favorable than thoae published fur some time.
The net gain in
revenue for the half-yi«r ended Sept. 80 over the correspond,

ing six months of 1885 was £580,477, but of thia exceM
£487,466 was aeonred during the past three weeks. There is
now leas reason to complain of want of elasticity in the
revenue, and if the present improvement he maintained the
cloae of the flnancial year will be bailed with aatiafaction. In
the important item of customs we And the increase of £478,000.
That is to say, the deficiency of £477,000 noticed at the close of
the midsummer quarter has not only been extinguished, but is
ohanged Into a net aorplus fortbe half-year of £1,000. Property
ami Ibco— tax have yielded £170,000 more in the quarter
than they did last year, making the gross gain for the six
moDtha £790,000. The receipts from the Poet Office, telegraphs
and stampa all come out well. At the close of June telegraphs
•zhiUted a deficiency of £80,000, but in the preaent quarter an
iaoraaas at 496,000 is sera, making a net gain of £5,000 for the
rfz mODtfas. Stamps have inoreaaed £5,000 for the quarter,
whilst the increase in the Post Office takings, which at the

June was £100,000,

now

£180,000. Turning to the
have resulted in an expansion
of £15,000; but aa at the cloae of June there was a loss under
VUb head of £180,000, a deficiency of £115,000 has still to he
nadsgood. But we can bear with equanimity some curtailBt of our drink bill, provided only the revenue from other
is

•seise, the quarter's operations

SVSM

The foUowuK return shows the position of tho Bank of

The revenue returns

close of

- SN*

-8 • -»M« -SMaSX
-a •S-.'*M«*H!>M«3<t

use.

I88B.

1884.

a

1

S

•xetndlDS T-day sad

otbaaMUME.

nossj

SB.t00.83A

S.T4IJI8S

i.n*jafm

t5.4(Xl.lMl

17.sy7.0s1

tt.

Public tfaeatu

Otbar depoalu

of consols. &o.

pri'-«

JBBS.

«B.»7«4*) tS.SlO.TU
B.SIH.4U6

6.e«s.r79

iMoajsm

i3.fiaa.IISI

OoTornnant noarltla*

tuss.Ma

I7.SI8L04M

11.7X4 je

i3.s«ugs

Mrnmiaa
RaMTTOof Qotaa aad eola.

kS.MSB.I'm

a9J0S.744

•.MMJSS

si.iiii,gsa

OUiar
r.iiD

II^U.ISS lt.4S7M8 U.Mil,MS l«.8»4MS

UAA'nn

and balHon

KMorra
Bank

to llabilltlas
rata

41-00 p. e.

•MP.e

.

Conaol*

ncliah wliaat, avafaaa
MlddUiwOplaadsottaa

lOld.

lOOd.

lOtttd.

«ta.ad

MB. lOd.
M4d.
SMd.

33a. Od.

•Nd.

iSB.7auoi 100^088.000 180,400,000

I44.7«tt,fl00

4Md
«Md

NalOaalatalat
...

Sp.a.
lOOMd.

4U. Od
5Md.
SWd.

priaa....

ClaarlBf-Hoaaa ratORi

83.TMMS
43«p.«

•iaOH.4»S tl.7«0.1XM
SB P.O.
8SKp.a
Sp.a
Sp.e.

mi.

The Bank rate of discount and open market rates at tha
chief Continental cities now and for the previous three week
have been as follows:
Ot.

Mmim ay
/<M«rw( al

L

BaMk Oft.
BaU. Mark.,

Pailt

riMikfaft.

8
S

Oamkars
Aaaurdaai.

.

...

«<
Sh
4

Vlaona
4t. Patanbara..
C^'oanh^i/an

Bank

..

S
8

«W
*H
««

an* .17.

•4.

Opaa

Ban*

OPM

Bank

0pm

Aata.

Murkn

Bat*.

MurIM

8
8

8
8
8

8

8

tM

8M
•M

4

4

«M

ft

8

8

*Trt . 10.

Mmrhti
8

8

^mmt».
HaSlM

Apt

8

IM
IN
vn

3
8
8

8

IK
IK
IM
IM

«H

«H

SM
«i

8M

4

4

4

4

4

8M

4

B

4

B

B

8

8

8

8

<>t

8M

m

THE CHRONICLE.

450
Messrs. Pixley

& Abell Tvrite

as follows on the state of the

bullion market:

[vou XLin.

bondholders of the Mexican National Railway and the interested parties in America, with a view to reconstruct the com-

Gold— Thort* has liocn no Inqiiirj' for bar pnld since our Inst circular, pany and complete the line.
and tlie only arrivals are £H.H)0 from the East and £11,000 from tUe
From an interesting return just published we learn that the
West InillpH. The Bank Ims sold «90,000.
Bar Silver iinprovrd rapidly with rising exchances. owing to tlio total number
of joint stock companies registered in the United
extreiuB sonrcity of money in India, tin •i4S8d. was reached yesterday
afternoon, afior the satisfactory sale by the India C'onnoil, and the Kingdom between 1863 (when the companies' act was
passed)
market closes nominal in the absence of supplies. Tlie arrivals comprise
£2S,000 from N^w York, 41H.00O from the East and £5,000 from the and December, 1885, was 23,251, and the total nominal share
West Indies total, £4c?,000. The P. & O. steamer has taken £88,000 to capital amounted to £2,829,457,573.
Bombay.
Mexican Dollars are in strong demand for the French goTernment.
The grain trade throughout the week has been very quiet,
There are nl.so iMqiiiries for China. The only arrival during the week
has been about £(5,000 from New York. Pending the arrival per royal and has not presented any fresh feature. Wheat has moved
mall stciimer due eaily next week, the price Is nominal, the last quota- off very slowly. In some of the
provincial markets a slight
tton being 41d. per o/,.
concession has occasionally been made in order to complete
The quotations for bullion are reported as follows:
business, but as a rule the small amount of dealings carried
GOLD.
out has been arranged on the basis of previous prices. It
8ILVBR.
London Standard. Sept. 30. Stpt. 23. London Standard. Sept. SO. Sept. 23
must, however, be admitted that the market is not a strong
I.
d.
(.
d.
d.
d.
one, and any attempt to force sales would unquestionably
Bar gold, fine., oi. 77 9
77 9
Barallrer
o«.
*iH
UH result in a quotable decline in values. As usual
th^re is nothgold,
Bar
contaln'n
Bar sllTOr.contatnSOdwts. silver. 01. 77 10
77 10
tng 5 Krs. KOld.o>.
44
HH ing approaching to speculation in the demand. The satisfacSpan, doubloana.ot.
Cake silver
ox*
47J<
48H
tion of current requirements is all that is aimed at, and while
S.Am.donblooos.01
Mexican dols...oi.
44
iSH
that is the case the trade must be more or lees uninteresting.
As already stated, we have just passed through one of the Disappointment at this condition is certainly being felt. Were
heaviest settlements experienced on the Stock Exchange for a millers disposed to anticipate their wants to any extent such a
considerable period. Large dealings had to be arranged in result would doubtless be brought about, but they do not. If
American railway issues as well as in Grand Trunks and home deliveries of wheat remain short, and foreign importaMexican railways, but the chief centre of excitement has been tions in the four weeks are less by nearly 1,000,000 cwts. than
the English railway market.
This department, which had they were in the corresponding period last year, there is combeen more or lees neglected for some time, suddenly attracted pensation in the fact that the receipts of foreign flour have so
the attention of speculators, and indiscriminate buying at once far exceeded those of 1885 by, roughly, half a million cwts.
set in and was maintained over the account. After the com. The quantity of wheat and flour afloat to the United Kingdom
pletion of the settlement, which proved to be rather a tight one also is not far short of 500,000 quarters more than in 1885, and
for weak "bull" operators, there was a sharp reaction. A the American visible supply shows an increase of 6,500,000
disposition was evinced to reduce liabilities for fear that the bushels. The immediate effect of statistical influences is
financial pressure on the next occasion may prove yet more therefore rather against prices, but the belief in the ultimate
severe a by no means unlikely contingency, and the result hardening of values is still fairly strong in well-informed
was, an appreciable portion of the improvement was lost. The quart'irs ; still it is clear that we shall have to wait a little
total amount of bills and cheques which passed through the before the expected improvement sets in.
Bankers' Clearing House on the settling day was as much as
The following shows the quantities of wheat, flour and
£55,509,000, but the pay day happened also to be quarter day. maize afloat to the United Kingdom,
On the corresponding settling day of last year the total was
T/iU week. Last week.
Last year.
1834.
£34,769,000. The periodic spasms of excitement now passing Wheat
qrs.
1,646,000
1,071,000
1,203,000
l,.517,O0O
201,000
182.000
1)9.000
147,000
over the Stock Exchange are indicative of the desire unfor- Flour,equaltoqr8
Maize
ars.
333,000
375.000
282,000
120,000
tunately spreading to buy something, no matter what. A
following
The
shows the imports of cereal produce into the
speculative clique are now operating within the house to put
up the value of Honduras, Paraguay, Costa Rica and United Kingdom during the first four weeks of the season,
Peruvian stocks, which have long been regarded as the the sales of home-grown produce, the average prices realized,
rubbish of the market. It will, we think, be necessary, for and other items, compared with last season
;

—

:

the rise to be permanent, that the public should come in and
relievo the present speculators of their holdings. At least it
is to be hoped they will leave them alone until these issues
possess something

pective value.

not nil,

is

At

more tangible than a very doubtful

moment their
an unknown quantity.

the present

at least

mPOKTS.
1886.

Wheat
Barley

pros-

Oats

intrinsic value, if

PeM

Still

the British

OWt.

Beans

fndlanoom

1S85.
5,748,743

4,760,6.S2
1,414,12.5
1,532,8«.5

136,378
181.357
2.231,211
1,350,209

1884.
G.617,939

1,012,4S.5

1.50(J,3.i6

992,469
145,754

1,012,719
96,613
219,561
1,938,182
1,279,160

1883.
6,390,238
1,031,684
1.020,095
60,744
285,117
2,626,380
1,037,029

39«,03(i

1,904,101

854,098
They appear to
be always more incline! to pay attention to stocks which are
Supplies available for consumption (exclu=iiTe of stocks on
the object of a " boom " than to absorb sound dividend-paying September 1)
seetirities.
It is very singular that those who can least afford
1884.
1883.
1886.
1883.
t
namely the typical widow and heavily handicapped clergy- Imports of wheat, owt. 4,760,652 5,743,713 6,617,938 6,390,233

public are an es-sentially gullible community.

Flour

—

man—are

invariably those who are attracted by the prospect
of a heavy return on the amount of their investment, when
common sense should tell them that a high rate of interest
is but another name for bad security.
The assertion that a

1,3.50,209

S.54,09-<

home-grown.. 2,240,074

3,384,0o9

1,279,160
4,308,8^2

3,683,778

8.350,935

9,936,930

12,205,930

11,136,043

Imports of flour
Sales of

Total

1,0,57,029

The following statement shows the extent of the sales of
burnt child shuns the fire is certainly not borne out in their home-grown wheat, barley and oats in the principal markets
case.
In spite of heavy losses and straitened means they are of England and Wales during the first four weeks of the
just as ready to repeat their folly as though they had never season, together with the average prices realized, compared
had cause to regret dabbling in ul Ira-speculative stocks.
with the last two seasons
:

Among

the financial items of the week has been the invitation by Messrs. Morton, Rose
Co. of subscriptions for
£595,200 six per cent sterling bonds of the Province of Cor-

&

dova (Argentine Republic), the price of issue being 89 per cent
and the proceeds of the loan to be devoted to the construction
of public works, MessrS. Morton, Rose & Co. also are authorized to receive subscriptions for £604,800 five per cent deben.
tures of the Buenos Ayres
Pacific Railroad Company at

&

the price of 99}^ per cent. The prospectus has at the same
time appeared of the Wyoming Hereford Cattle & Land Asso.
ciation (Limited), with a capital of £300,000 in ,£10 shares,
applications being at present invited for £100,000 six per cent
first mortgage debentures, part of an authorized issue of
£150,000.
It is stated that an agreement has been come to between
Messrs. Matheson
Co., representing the committee ©f th

&

Sales.

Av'ge
Price
t,

Wheat, qrs.
Barley

Oata

1884.

1885.

1886.

sate*,

d.

156,171 31 10
17.71!) 27 5
22,745 18 8

p^j^^
».

235,928 31
75,071 31
31,481 19

d.

».

d.

3

300.398 33

9

1

138.1.'l ^2

4

8

42,67 i 19

7

Converting quarters of wheat into cwts., the totals for the
whole kingdom are estimated as follows:
Wheat

1886.
owt. 2.210,074

1885.
3,331,083

1884.
4,303,833

Bnxlloli Flnaaclal niarlceis— Ker Cable.

The daily closing quotations for securities, &c., at London
are reported by cable as follows for the week ending Oct. 15:

OCTODEB

THE CHRONICLE.

18M.]

16,

BaL

lattd«H.

BUvir. perot
Uour Oil f or iDoneT-

Thu.

JTon.

W«» York C*ritrai

ThHrt.

m.

45V,

45S,,
lOOiiie

IM\

'l0.,^4

'3;j2-a2>3

14o»8
1319g

i:

131\
73'*

73*8

laiti
74-^

97

97%

9S»8

98>a

87

8«<>B

13<:^

73%
97*

3^H

36
138

35>a

139%

139 >4

139

1174s

18>«
117««

cm
19

PUU<felptal*A Besdlsf

I

45>8

100%

101
Oaivolstors««oant
ri'ob rente* (Id FarU) tr
11A»»
a. 8. 4>M ol 1S9I
132^
D. 8.4a of 1907
73»8
0«a«<lt«ii PaoUle
qUe. MO. ASt. P>al.... 873*

DSboM Otatrsl
PCBB^lTsaU

Wed.

4tl&i«
10 '<,..

<t.

6H«
18%

61%

138%

61%
'9
|sII6

116>^

74 »8

62 >4

13H>4
62>4

19>4

lii^a

117

1116%

461

National Banks.

—The following national banks have lately

been organized:
3,3t>3— Xlip Kxi'lian^ Xttlonal Bank nf Downs. Kansas. Capital, $50,'
00i>.
W. W. Uethcrljicton. Pn-'''- "•
!!. Kroetcli. Cafhler.
hmk. Capital, $30,3,564—The Slate National Kank of Wi
000. A. H. (Smith. rr««iileut v
Ciu-hier.
^..,u^.
3,563-TliP First National Bank of Wi.,.-.
Capital, $50,010.
H. 8. Wlllarrt, President; J. H. tellers. Jr.. Ca»bler.
3,56(J—The First National Bank of Yajioo City, Mise. Capitol, $30,000.
I..-. .oi.i..,,,
It
I
1..
Maun, Cashier.
i.lear.Kauaaji. Capital. $30,0:0.
3,567— Tb.
\V
J. W. Beach, Cashier.
......n,
California.
........<.:l
.\,.m^,u...
Capltiil, $50,000.
3,563-Tli.Isalas >V. tieUuion. President ; O. A. Swartwuut. Cishier.
:

•

.

.

•

;

IHP0BT8 AND EXPORTS FOB THK WKXK.— The imports Of last
compared with those of the preceding week, show
a decrease in both dry goods and general merchandise.
were |7,0S9,334, against $9,149,012 the pre'^^ pressure upon our columns latt week, The total imports
A
omit the uminl tahhn of "Oocemment ceding week and $7,513,209 two weeks previous. The exports
tee
forthe week ended Oct. 12 amounted to $5,9S9,S0j, against
." and "Coinage."
Beoettut," •Uh'iug'-s'JnLei;'
$6,576,980 last week and |6,050,217 two weeks previous. The
At a matUr of record, tee ;;
foUowing are the imports at New York for the week ending
QoTEBXiOEnT RKvjsmjB.—Tlirou^ili the courteBy of the Sec- (for dry goods) Oct. 7 and for the week ending (for general
enabled
to
place
before
we
are
our
Trraaory,
the
ot
ntMTj
luerchand^) Ou-t. 8: also totals since the begitmi&g of the
nMet* Unity the details of OoTpmment receipts for the flnt week in January:
mooth nf September. From previous retumg we obtain the
Fourinx iwpoKTS at Haw voax.
figures for preTions months, and in that manner complete the

©oratttcvctal and I^lsccUausaus i^cxus

iveek,

'

•

'

Hatement since the beginning of the
and 1885-88.

fiscal

year for 18dC-S7

Ar

r««t.

OryOoods
QoD'l mer'dlae.

Total

««*

cw-

UM

•.««>'

OryGooda

njtti'

aajnl •.ae*) i.tw Kital iTjao
•OKmI 9,Uo\ t,Ul\ 81,S»lj i7,an
iwrji *K»»-'

Total 3 nnntha.

MSI*

Kir.

a^ei
•jvn

t.oty

m,im

1.7041 IS.0A3

t^ooi

za.oTi

r.i.owl is,oi)«

CBASatS IX LXOAL TK-XOCHd AXD Natioxai, Baxk Nutes to
October 1. T)>e Comptroller of the Carrency has fumuiheil
na th* following, showing the amoanta of national Imnk not<<fl
Heptwnh 1, together wltB the amoonti outstanding October 1
Bth»liiBi<wiordecw— dmrfaigtheHwtfa; also the changea
ia lagal tawdeii bald tot the radMnptiaii of bank notea up to

—
w

>

BtmM H*tm~
1.

s tli iWI

tU0 ..

««H^«»,74A
l,:2-.*i3

f Osfti

Aaooat eotstaadras Ootolwr 1 1886*
to ml4<«ai natlooal

%WM ••ptMWtwr I, I8«B

1,157,.'593

8303,312,IA2

,

AnoSt on dcpoatt

baak

•6.325,045

•3,451,736

»7.089.234

893.444.359
230,439,037

»79.S57,312
215,8;1.057

803,"li.463

1.7»3,3«9

Bxroara raoii waw roac roa Twit waax.
1883.

Portkeweek...

The

B.K3M17

AyguH

1-

MtfL

1.

1.

Oct. 1.

I

207.77

•111,297

989,028

•

946,833
10.

.^04,833

>

9t2,CT3
9,882,603

^T«at nrltala
iTiaaae

ffMt ladles
ttaiMb
•oath AnMrles
All Other ooBu tries.

17.347

6,4^9,289

5,000

968,573
642,773

>

'

of Sept<rmb«r

and

for the

iiiiii'

MottU «/ JfpL, 1888.

JTiaa jroi<M(o/18B6.

OutominmU^n,

PiMM,

state-

Talma.

12.319.208
2.339,264
9,021.464
1,885,844
34,79!h

Tetal 1886.
ToUl 1889.
Total 1884.

•25,747 »87,246,4'7T
6,433.31'0'
69,440

4,t>Ul

308,395
373,S39

t314,f.3<l

813,198,729
8.609,987
11,884,414

.'i4.2l.^

3300

37.922,2441

39J,510

fl04.COO

•792

8,993

,203.571
217,977
41.690
227.879

iiobo

«>1.«85

fllrtr.

Ireal Britain
.^tanee

lennas,

.... .... ..

tfezleo

of the Mint, shows
iU>h during the month
inoniiiHof 1880:

98,041
16,716

5,471.5(il)

tooth Amanea......
ill other eooatrlas.

>r

SinetJan,l.

8194,008

ll,97ti.U^9

l,02.i.o:.2

CODtAOB BT UirmEO Statt* MfTW.— The following

W—k.

Bine»JttH.l,

•3.600 •12.497.010

aenaanr

•1,003
90,360
6.861
758,429
197,011
358,520
54,785

11.935
14,55U|

103,051

8113.Pn5

1^MaI....
.S« 1. 3 27 62,301.493 0'J,H29,417
• As* oC Juiw ao. Iii74. ttoa July IS. IbSzT

'

:

-.651. 104

Imporu.

Jbporlt.

ir«A.

.6iH>3n3 SI J76,«23 .»7,783,172

ment, kindly famished u
the coinage at the Mints

.

:

shows the exports and imports of specie
at the port of New York for the week ending Oct. 9. and
since Jan. 1, 1886, and for the corresponding periods in
188Q and 1884:
xroars and iMroats or sraoiB at vaw Toax.

9,70<i,lU3

Kodii'

aotor in:

.

.

.

followiiig table

VeatlO'llae
iiwo;

Uqiit

$5,989,807

«'-.lT-..OT;i

*'...'M.'<-.S

«oM.

*(atea>aUoa of naUonal (oUt banka. not iDolnded aborSb •399,089.
According to the above, the amount of legal tenders on
deposit Oct. 1 with the Treaanrer of the United States to redeem national book notes waa f«8,539,417. The pgrtton of this
deposit miulp (1) by banlcs bcxx>ming inaolvent, (3) by banits
going intn voliintnry liquidation, and (S) by banks redacing or
Mtimg their circuhttioa, was as follows oo the flnt of each of
tbe last five montiis:

Julw

1886

lass.

1884.

<!,7«!1..i.^'"l

8.327.918

i

JuHtl.

2tl.SrfO.090

In our report of the dry goods trade will be found the imports of dry goods for one week later.
TIm foUowlng is a statement of the exports (exclnsive of
•peoie)from the port of New York to foreign ports for the
week ending O.-t. 1?, 14^49, and from January 1, 18'36, to date:

•S,M1JMK>

AaMvat oa di^twit to
bank BoiM Oli>l>»r 1, 1884

bjt-

86,992,190

f99.tl7.079
354,412.963

•83.301,499

IdMoaltrd dunnir 8optenib«r
IMVsiMdAb'BktiolwrcUc'il loSrjii

Dtpoi Ua

1886.

(2.174 631
4.914.613

Total 40 week*. »374.ri.;:

»%7I,S30
i

1883.
•2,418.384
7,t3J,352

Tjtal 40 weeks. 8353,86O.03fc, »332.879.39d •2ll.'i.73!i.409 $335,103.553

E^r. reported.
Smtlamal

1884.
»1.I27.112
4,837,033

SitictJan. I

7M.I.I

Oen'l mer'dlso..

ITW'

Mtr..

1883.
i2.108.inft
4.'9d4.085

Tntjtl «afl4

199.I7UI

»7.*<0il.913
13.027,f,Ul>i

21:t.«H7'

ll.WCJ.Ml.ll

»27.T97
27.0113;
3M..MIJI

81,427#A8
1.538.786
2.900,928

Of the above imports for the week in 18t)6, |12,867 were
Of
American gold coin and $4,363 Ameriran silver coin.
the exports during the same time $22,217 were American
gold coin and $6,340 were Americdn silver coin.
United States Hab-Treasary.—The following ubie shows
the receipts and payments at the Sub-Treasury in this city, as
well as the balances in the same, for each day of the past week :

Talit*.

BaJaneet.

Doable

18
70,007
374,012
28
13

Sa«iM
Bail sactM

Tkrar dollars...

Total sold

.

300
i.3;o.ot;o

61
918,140
3.132,411

84
33

4,064

688

5i6

700.070

370

37u

3U3I9

2.070.817

3,810,1()0

2.810,100

luo

50

1.170,100

117,010

1.220

Dale.

8}

UaUiluilan
(tawrtar

doUan

DnBCO......... ......

i

!

I

I

4.095,3M>

34.859,689

23,173,825

23,:73,62S

635
62S

313

3,647.309

196
264.731

35,823,184

33,i38,829

4.479
2.479
902,<7g

221

I

Total tllrer..

•
Oct.

•
II

1.610,171
1.921.559

131

l.(iOfl,9»7

nve

cenu..

TknsocBU.
Onsi

8,937,188

800
800

SO
18
9,000

900.800

Total minor..

•01.800

9,0)4

Total cnlnaeK.

n.ruunn

K.007.0A8

TMaldlvar dollar oolaaca to date

<

I

74

909,437
I

8O.7M.07I

OolH.

I

Coin

Total

9,323
I

48.!I03.«.13

•341,433.386

•

Oerl'i.\

Ourrtnej/.

•

•

2,?27,7«n l25,R-iI,13tl

•

.?7.0.'i2.l20l

26,22!l,619
•i.-S.

170,188

2.'i,l«;8.437

'

1,264.9.30

1.

1,690.412
1,552.481

2.930,949 125,998,1021 36,3J6,13U

,

,

2.'>.150,578

.25,148,470

9.340.449!

25,108,848

ii,79a,4ig!

8ante Fe.— A press dispatch reports
& Western Railway have filed an
amended charter with the Secretary of State of Kansas, by
which they are to build and operate fifty-two lines In the
State of Kansas, and have fixed their capital stock at $164,000,000, thu4 making it larger than any other railroad company.
Ttie headquarters of the company are at Topeka, in the United
States. Th<4 directors of this new company are Joab Malvane, P. I. Bonebrake, J. P. Oriswold, Jonn R. Mulvane aud
U. M. Finney, Neosho Falls I, A.
J, F. Parmlee, of Topeka
Atehison Topeka

that the Chicago

3,«aO,40O

Paifmenlt.

9.141,4'iO
1S,«62,U:>.^
2'14
10,1 fiO

19*

Btanrliinl 'lollara. ...

RtetlpU.

*

Kansa.

;

:

THE CHRONICLE

452

Burdette, H. S. Burdette, D. L. Dallup, E. W. Kinsley. A. W.
J. F. McKien and E. I. Thomas, of Boston.
The estimated length of the lines is 7,274 miles.

Luke,

ColnmbDS Hocking Taller & Toledo.—The annual report
Of this company to the Ohio JRailway Commisfiioner shows the
earnings to have been as follows Passenger, $363,866; freight,
$1,709,632; mail service, |24,823 express service, $19,099;
other sources, $98,446 ; total, $2,215,868
total operating
expenses, 6255 per cent of earnings, or $1,886,047, leaving
the net earnings for the 309 miles operated, $829,821.
:

aecwriUtt.

Iron Steamboat Company.— The annual meeting of the
directors of the Iron St>^amboat Company was hi-ld at the
oflBce, on Pier No, 1 North River.
The statement of the busi.ness for the year indicated a considerable falling oil in ordinary
revenue, owing to unfavorable weather, competition, the
attractions of rival resorts and the Istrge decline in the regular
excursion business to Coney Island. But on the other hand
increased revenue had been derived from special charters and
other sources.
clear surplus of over $100,000 was found to
betherepultof the four months' business after the pnyment
of all indebtedness. It was determined to allot a sufficient
amount to pay the interest on the bonds for a year in advance
and to redeem in cash all the bond scrip outstanding on January 1, amounting to $12,000, and to declare a dividend equal
to $3 per share for the year.

A

Lonisville Evansville & St. Lonis.— This railroad has been
turned over to the new company, which formed the following
directory William Hart of Boston, President Isaac T. Burr,
Jonas H. French, John Goldsmith, W. S. Blanchard and H.
B. Hyde of Boston
J. M. Fetter and A. P. Humphrey of
Louisville Thomas Scott of Fairfield, 111., and C. H. Patton
of Mount Vernon, III.
The new directory decided to construct two branch roads one from Mount Vernon, 111., to St.
Louis, and the other from Tells City, Ind., to Huntingburg,
:

Bid.lAtk.

Amer. Cotton Oil Trust.
Am. Bank Note Co
Amer. Tel. A Cable
Bank.AMerch.Tel., gen.M
Boat. H. 4 K.— New slock

76
4

Bid.

A

•

101a'

90
43
.„

New Jersey 4 N. Y
N. Y. 4 Qreen'd Lake, 1st

11%

'.'.]

77
9

Can. 8o

4 >»

1st niort

20

21
43 >i

64
72

745;

N. Y. W. Sh.4 B.— stock.
79
North. Pac
Ulv. b»uds..
9'4 North Rlv. Cons.— 100 p.c
Peiisacola 4 Atlantic
Pittsburg 4 Western

33
e
21

8
23 >•

671a

70

l>a

8

9Kia

28
21>a

mort
87
Postal Tel.*Cab.,when iss 16
Deii.AK.o.coD.n.S.tr.cer 112 113
St. Jo. 4 Grand Ihi
se
New stock, when issued
66
St. L. Ark.
New con. 4s. when Iss., 78'a 77 "a Ist mort 4 Texas, stock 20
i'9>4
Heuv.A ItinOr.W
19>8 19%
2d mort
49>a
flint A Pore Marquette
22
St. Louis Ft. S. 4 Wioh..
8
ITelernd
92
Tol. & o. cen. com. stock.
Oeoixia Pao Btock
Pref
16>!l'
44
Ist 6s
io»
110
Tol. A. A. A N. M
2ris
60
64
Ist inort..6H
Kanawha A Ohio
4^1' Utah Central.— 1st, 6s
8
Istiiref
18
22
Vicksb. 4 -MenUmj
Oont. Cons. Imp. Co

I..

9>t

19><
4214

IV

2d mort
N. Y. City 4 Northern....
N. Y. M. Cn. Tei.— ntook.

I

102»4 103
I

9

lat inort
Micb.
Ohio.. Ist mort.
M.K.AT.- luvoitif scrip.

"s'

l>©benture«

.t

76 ii
I

>*'

Brooklyn KleT'd-stook..

ChlcaRo

ateuntiet.

Pref

»3>a

Trast starapeil stock
Bost. H. T.<t West
stk.
Ist luoit
2(1 nuirt
California Pscifle
iHt nidit.. 78

TT.nr.

61N 62 V Mexican National

OM

;

;

[Vou

23
26

Isi

.

,

25
3e>9

20 V
60
8>9

,

I

I

20

81H

I

2il

pref

6

Bonds, 1st 66
i\ Motor

Ke

68
4
Ruck A Ft. Smith.. 44
mphia <t h. R. 1st, Bs.. 106

Pref

72

M

gaufeing

48

Ist molt
2d mort

'

Little

Incomes

IS
101 >t

West N. Car.— Con. mort.

atiil

Iftuauctal.

;

;

;

—

Shenango & Alleghany.—At

FORT SMITH & VAN BUREN BRIDGE COMPANY'S
FIRST MORTGAGE 6 PER CENT SINKING FUND TWENTY
FIVE-YEAJR GOLD COUPON BONDS, GUARANTEED PRIN-

CIPAL AND INTEREST BY THE
LOUIS & SAN FRANCISCO BR. CO.
GUARANTEE INDORSED ON BONDS.
PRICE 105 AND INTEREST.
PAYS INVESTOR ABOUT S 1-2 PER CENT.
KOW BID FOR THE FIRST PREFERRED STOCK OF THE

ST,

Pittsburg, Pa., October 14, in

Uie United States Circuit Court, Judge Acheson issued a
decree ordering the sale of the Shenango
Alleghany Valley
Railroad next January. The court orders that it shall not be
Bold for lees than $650,000, and that $50,000 cash must be paid
at time of sale.

&

Texas Trunk.—At Dallas, Texas, October 6, the Texas
Trunk Railroad V7a8 sold under orders of sale from the district
and county courts, to satisfy a dozen or more executions
which had accumulated against it on the dockets of thege

114

lie

LOUIB & aAN FRANCISCO RAILWAY CO.

ST.

^ioo~ooo
FIRST

MORTGAGE THIETY-YEAR 6 PER CENT SINKING FDND
BONDS OF THE

GRAPE CREEK COAL COMPANY,

tribunals.

DUE 1916,
—Mr. Wayne Griswold offers in the Chronicle to-day
INTEREST APRII, AND OCTOBER,
$75,000 Fort Smith & Van Buren Bridge Company's Ist mor^
gage 6 per cent bonds; also $100,000 Grape Creek Coal Com- PAYABLE AT THE FARMERS' LOAN & TRUST COMPAJfY OP
NEW

YORK, TRUSTEES.
pany's 1st mort. 6 per cent bonds and $29,000 Kalamazoo Street
These bonds are a first and only lien upon one of the mo«t valuable
Railway Company's 1st mortgage 6 per cent 30-jear bonds.
well stiibllshed oai properties iu the .State of Illinois, and the one
By referring to the advertisement in another column it will and
most acci ssible to tbo city of Chicago, where the larger part of its coal
be seen that prices as given are not high compared with those priidurt 1> tAK( n.
bonds current at the Board.
Th 8 pr. p rty Is valued to-day at $1,300,000, and, witli the addiplani to be put ujii n the property, can earn at a low stimate
—Mr. William T. Meredith, of 48 Wall Street, the well- tional cent
ou $2,000,000.
known broker and dealer in investment securities, has a card 6 perFor theinterest
two .\eais iidmR May 1, 1885, It earned $11 7,962 61 net,
in the Chkonicle which will be found on the first page.
average
of
$58,976 26 per year net, or nearly 6 p. r ent on
This an
$1,000,000, wiiilc the yearly interest on the enure issue of bonds is
was erroneously mentioned last week as a card of
J only $30,000.
Meredith.
This liou is the
security iu the market, and lield fi r invest—The Homestake Mining Company has declared its usual ment by fonie of the chenpcst
est people i.f tills city. Slate and all through New
dividend of 40 cents per share for September, pavable by Kngland, including many of the leading savings banks and bank presidentf. 1 ffer tbi se lends to capitalists who are seeking safe securities
Messrs. Lounsbury & Co., Transfer Agents, Mills Building.
for invcbtment, and can highly recommend them.
—Attention is called to the card of Messrs. Whitney & Ste92 1-2
Ehenson, of Pittsburg, Pa. This is th- only firm in Pittsburg
aving a seat at the New York Stock Exchange.
PAYS INVESTOR 6 6-8 PER CENT.
—Messrs. Bradstreet & Curtis give notice in the Chronicle
advertising columns that they want city, county and
town
bonds of Ohio, Kansas, etc.
FIRST MORTGAGE 6 PER CENT THIRTY- YEAR BONDS
Anction Sales.— The following were sold at auction this
OF THE
week by Messrs Adrian H. Muller & Son, 13 Pine Street
KALAMAZOO STREET RAILWAY CO.,
1

<

1

1

1

W

1

1

PRICE

ANB INTEREST.

^S0,OOO

Shares.

4O7 The BarLey Dumplog.
Boat Co
10
25 Amer. Exoh. Nat, Bank. 137
12 BiiLk of ihe State of N.Y.126
10 ConimerciMl Fire Ins. Co. 39
75 Madison Square Rank... 94is
335 Brooklyn City RR. C0....I9214
10 Xbird Av. RE. Co
270
100 Brush Electric HluminatInif Co
95

10 R. Estate
tion

60 XJ.

Ejtch.

Room

*

Auc-

21
4
1

10

Room

(Limited) AOOM
Nat. Bk. of the Repnl>llcl31i«
Imp. ATnlers' Nat. Bk..301i<i
Plienii Nat. Bank
i<8
Merchants' Ini>. Co...
1 (>%
tion

4
4 North River Bank.
12.=)
4 Jersey City Fire Ins. Co. 131

$175 Central
100

(Limited)

Shares.

20 Bank of North America. I25ifl
lOR. E-tate Exch. & Auc-

Fire Ins. Co
144ia
46 Imn. & Traders' Nat. Bk.304
140i«
20 Nassau liauk
6 U. S. Equitable Gas Co.. 7oH
S.

liojids.
N. J. Land

Imp.

Co. Scrip
13
$1,8(^0 Western Uni"n 'TeV.
Co. (Dlv. fcrlp) entiled to
same djvldends as declared
on capital btock
6714

Kalamazoo, Michigan.

INTEREST MAY
CENTRA!,

«
Bep.an Ml,r.79.100

'

S

$

PRICE PAR AND INTEREST.
WAYNE GRISWOLD, 2 Wall Street, New

3,058,000

67,716.891

142.1011,400

»,ii^<l.»o;i

a.2o2,000| 102,594.800 15.:U2,400

80.8l'9,72f
93,128,6Sii

SECURITIES
FOB

INVESTORS.

PiiilaaelitiiiaBank8.—The totals of the Philadelphia banks
areasfollowR:

Bent

Oct

—

Ljoan*.

Lawful Morwy.

Z>eiiaf<t<.<

C

OiretUalton.lA<lg. Clear^

«

25...

87,424,600

23.476,100

2.
9.

86,019,500

6,807,500

87.-2:<,900

69.748.402

2.S,07«,HO(I
2:<..i81.40o

84.tl22,:100

6.41»,U3.')

60.6(12,819

84.047.700

6.0»5,96U

63,495,261

.

87.70:(.K(>0

-•
*iiiuiiiiiiiiic
»"« iiK-iieui
uiiriiiaiij "
--.liltiiif

Ml ubner
to
other

bank
oauK

-

York.

United States Government and other desirable

9,120,600
9,0<H,;00

1886.

1

NETT TORK.

1

C

2 14I..S24.000

98,998,700' 15,«8(>,500
3,1B7,5()0 100,1-95,900 16.548.600

ANB NOVEIttBER

The company lias been in operation two years, and by its anneal
report published January 12, lfe86, shows net earnings of $11,953 30
for the previous eigl.ti en moutl;8, leaving a surplus of $2,953 30 over
und above all charges and iutirest on the bonds.
The couiMiny, through iis Secretjiry, reports May 12, 1886, that the
eatnings for January, February, Marcli and April are 68 percent more
than tile cor^t•^lH)Urtlng months of last year, which is sufflcient to par
Interest on the ends and a dividend on tlie stock.
I know of no bi tter luve-tment in the market.

Bogton Banks.— Following are the totals of the Boston bank
Loarn.
18U6.
UptcM.
U Tenderi.) DtpoHU.' lOiTcuUxtioniAgt. CUar g
Oct.

1

AT THE
TRCST CO.,

,

Unlisted Securities.- Following are latest quotations from
i'etroleum Board and N. Y. Slock Exchange:

All stocks and bonds listed on the New York Htock
sold on commission for cash.
Deposit accounts received and interest allowed on
snblect to draft at sight.

Exchange bought

and

HARVEY

FISK

28 Nassau Steket,

&
New

monthly balances

SONS,
York.

OCIOBKR

THE CHRONICLE.

16, 18tt.J

'ghs j^aukcrs' ©alette.

bank, 75 discount; St. Louis, par; Chicago,
The rates of leading bankers are aa follows

DIYIBBNOB'

Oember

n» toUowlac dtTldea<t« hare raeanttr *>••> aBnaaneed:
lUillroada.
Balttmora * Olalt^ M»la Mem....
VtMh. Bntneh.
Do
d»

Wot.
Not.

Pullman's Palace Car Co.

Not.

IUae«llaBeona.

(qoar.).

Oet. 17 to
Uot. 17 to

is Not.

2 to Not. lb

WAI.I, HTKKKT. KKIDAV, Oriabpr 13, l«!*«-5 P. Bl.
Tke Money Market and Financial .Sitoatlon.— Tbe stock

40@50

4 8l>a

79%e4

Dtmand,
4 84is

go

Prlmeoommerelal

4

Ooeiuiienlar;aoinmerolal...
Parls(fnuios). ...••. .«•.......«.••...•..
Amsterdam (nllders)
PrankfnrtnrRntra^n rralehmarks)

4 7H>4e4 79>a

5 US^eft 25

39\

discount.

:

aiaty Dawt.

15.

Prlmebankers'sterllBg bills on London.

Book* OloMd,
(A>y« iaeiufiM.)

Mamf of 0<^mpan^.

453

39ia,«

5 23>e»5

33%

39>6,«e40
94^9 »95

—

United states Itond.s. Qovemment bonds have been only
moderately active and the tone somewhat irregular. The 4b
declined 1 per cent from last Friday's figures, but recovered
somewhat later. The 4}8 are also lower.
The cloeing prices at tbe N. Y. Board have been as followa ;

lea* actiTe this week, but its strength has
Inurtti Oet.
OeL
OeL
OeLOeL Oet.
maintained, notwithstanding the reaction in a few
Ptriod*
12.
11.
13.
14.
IS,
9.
of tbe specuUtive faToritea.
r«*.Q.-Mar.
Ul»«'lll%,
111<^ lll\
4>«a,lR91
iim
The agret'inent amnog the Northwestern railroadi to form a 4>as, 1891
1 Ib lll>^ lll<>8
.euup.,<,.-KIar. •llllll 1 1 1
12S'8 'l£8>8
128 Og
..retc-X.-Jan.
prto 1 on freight business, excepting wheat and flour, had a 4a, 1907
127-'g
128
eoap.'( .-Jan.
128%
1907
4s,
127»»i
ot
thoae
roads
stocks
and
the
strengthening
deci'led effect in
-100
'100 'lOO
•10<»
100
100
3s, option V. 8.
12'1
126
in making the Chicago ooerators chaom their bearish freling. Ss.eor'or, '9S. ..reK.'j. * J. *lSt>H 128 ri26 •126
•12HV 128 »• '128
..reK.J. A J. •18HH '128«fc*l28
The great mystery in regard to New Bngland is yet un- 6s, ear'ej, "96
"97. ..rvK.'J. A J •131>« 13I>«>I3:S •ism lam 131
aa.our'er,
•oWed, out all things point to the correetaeas of the riews 6«,cQr'ry, "98. ..r»(t.:J. * J. •184*1 '1S4>4M34 •1S4 'l:u>4 134
expressed in this column a few weeks since, namely, that 6fcoor'i-y. 1»9. reit.'j. & J. '13ti>i ISii ri36 •136 Vt 136 136
•ome of the larKCst operators of New York had probably been
* TIUs Is (fee pilae Hd at the momlne board : no sols was made.
buyinv for controL What are the plain facts known at>out tlus
Ballroad Bonds.— Id State bonds Virginia Sa
State
New England deal t Substantially four points 1. That there
has been from the start such an extraordinary morement in the deferred trust receipts hsTe been the feature, the salea
•tock as is scarcely CTer seen at the Stock Exrhange, except amiiunting to fl, 199,000 at 11}-14. Other sales were aa follows:
under the manipulation of some heary New Ynrk operator. |49,000Tenneaaeeaettlement 8sat 77; $9,000 do. 9s at 100};
8. That simultaneously with the rise in New Eoeland there
$9,000 Louisiana conaoL 4s at 78i-}; $10,000 South Carolina
baa been a rise in New York City A Nottheni bonds under 8s, non-fundable, at 6.
beary buying. 8. That following these oiovMBeiits there has
There has been no particular feature to the railroad bond
been a sudden rise in Manhattan Elerated stock. 4. That an market. Transactions have been moderately actiTe, and prices
erening newspaper owned by one of the leading capiulists as a rule haTe not fluctuated widely, though the general tone
interested in Manhattan has moat conapiciioualy decried tbe has been good and a few classes hsTe been quite strong.
Mew York A New England stock, tad has had many elaborate Atlantic & Pacific incomes and Ft. Worth & D. City Ists hare
•iticica tending to abow it* worthleaaoca, and thus to depress had an actiTe speculation, but aoide from these there has been
no special actiTity. Erie 2ds have been Arm.
Uijniee.
Oraaiing then the truth of the laying that language (and
The closing prices and range of a few leading bonds are annexed
Boeh more newapapen) are poaseaaed bj men in order that
OkMlKg.
tbey may conceal tneir tboogbta, and tbe four points menir«»«o/&md.
HiglutL
LmiftML
Oet 8. OeL 15.
tioned abore count for more tlun all tbe geaefaliaations which
bare been put forth concerning tbe prMteble leasing or conm. t. L. E.A Wmt.olidation of the New Eoglaod road. The parties buying
101% 76% Jan. 10n%B«p(.
ad eonaoL 6«,ex. Jane, '86, ep. 101
77% Feb. 96% Sept.
control of the stock may beliere that tbey can work it as an
>«
101
4a
101% 100% Auk. 10.^ June
West Bhoiv, mar.
oppoaition line, or compel a leaae of it by threatening tuch an Tvx— * Paollto Bloa, 6a, tr. rao.
45%Jiui.
73 Oct.
72 >e
7JI»
67 •«
S«% 34 May
Do
Ino. A Id.rr. 7»,tr. rec.
oppoaition.
•62
>«
do
ir.m.Ater.ds.lr.r.
t\'*^^
Do
3<%May
The decline in foreign exchange and reported shipment H. O. Paotfle, 1st 6«, tr. rre.... 79%
79% 01 Jan. 80% Oet.
from Europe of some $3,500,000 in gold, has alao been a prom- Atlantie * Paellle, Inoomea
.0<« Mar.
b0%Oet.
27 >s
80 •<
97
97% 81 May 0-«4 JnlT
N. Y. ITh. a 8t U, istus. ir. r««c
ineot feature of the week.
73 1,001.
71
7U%
04 Jan.
N. Y. 1 Ity a Nor., iraa.6«,tr.rae.
The open market ralea for call loaaa during the week on Mo Kaoa. * Texas. (BB. «a
OiH
98 •• 87% May 99>4 0ot
do
Do
ceo. Oa
87% 72% May 87% Oet.
87>a
tock ana bond collaterals hare ranged from 1 to 7 per cent,
80%
39% 31% July 41% Mar.
with 10 per cent aa exceptional rate, the uaual rate to stock- lad. Bloom. * WaaL. iBeooMM.

market has been

been

fairly

.

•

V

1

um

1

.

I

I

—

<

•

em

• Bid priee no sale.
brokers being S^T per cent to-day tbe ratee were 4®7 per
Prime commercial paper is quoted at •<B9iper cent.
Railroad aad Miaeellaneoiu Stoeks.— During the first half
Tbe Bank of England weekly statement oa Thursday showed of the past week the stock market continued to exhibit the
aloes in apede nf £271,000, and the percentage of reserTe to rather unsettled and weak conditions which prevsiled during
UabiUtiea waa 37i, against 83 5 10 last week; the discount rate the lattt-r part of the preTious week.
IleaTy realizing sales
The Bank of Prance were recorded, and rertain leading stocks were forced down by
lemaina unchanged at S| per cent.
loet 9,473,000 fr4ncs in gold and 1.3-M>,000 franca in silver.
beir manipulation, which affected the general market more or
Tbe New York Clearing House banks. In their sutement of leas, giTing it a somewhat weak appearance.
New Eneland
of fell sharply, and a demonstration was made against Pacific Mail,
decreaae in
surplus reserve
October 0, showed a
1909, laS, tbe total surplns being 99,068,800, against |5,v63, 929 jttj^XJRa forced down quite mat<-rially on Tarioui bear rumors.
tbe pr«Tious week.
~0*^(IBneaday, however, a decided reaction occurred and a
Toe following table abow* tbe chaoKea from the previoua fresh bull moTement waa inaugurated, which carried nearly all
the
week and a comparison with the two preceding years in
prices up considerably from the prerioug decline, the strength
aTeiagca of tbe New York Clearing House baaka:
and adTance being most conspicuous in a few specialties. New
England started the advance, and the transactions in that stock
1884.
ina.
Oifkr'iMss
lass.
have been Tery heaTy all the week and the fluctuations laree.
(M. II.
OM. 10.
The important factors in tbe change of speculation were the
..78«.900 Ia« .83.561.800 •S91.»00,SOO«39O,B43.030
more faTorable reports from Chicago, that market baTing
77.t»02 200
7A.89a.80<> tso
1,913.900 I08.47i,l
H,893.'«H) turned decidedly bullish and buying the grangers freely, ana
8.119,30»I>ar
M.lOo!
9,933.800
849.894.800 toe S.ISS.'VOO 897.898,300 S14.u«x.000 the recurrence of actiTe foreign buying; the Chicago seotiment
~
3i,728.100
88.000.100
10.<«43 JOO Dee. l,78e,90O
was influenced by the agreemeut on Wednesday among the
17.481. son
•7l>3.tS» 9M.8t4.378 879,^17.000
Local
Northwestern roads for a pooling arrang<>ment on all business
110,630,300
Beaorra
113.000 1S«,978.000
except wheat and fiour. Although there have not been at any
m.llS.t^OO
»5.n08.900
Dee. 8900.1«^ 940.1N8.4?ft
inrplga
time any unfavorable features, yet affairs assumed a better
Bxefcaage.— Sterling exchange baa been exceedingly dull all aspect after thin pool waa agreed to, notwithstanding the strikes
Rates haTc l>cen of switchmen at Slinoeapolis and of the pork packers' employees
ttte week, the inquiry being Tery limited.
weak in conieqaenoe of the dnineas and some increase in com- at Chicago.
Aside from the actiTe speculation in New England and Paciflo
mercial billa. poatcd rates being reduced 1 cent to 4 81}
and 4 84^. Some sbipmrnts of goM from abroad have been Mail, mentioned above, other stocks hsTe been actively manipManhattan was pushed sharply upward, reaching 179
ulated.
aoiMnuiced, amoantiag to about $J, 500, 000.
to-day.
Missouri Pacific also had a sharp advance on the
T<>-day the rates on actual buaioeas were aa follows, Tiz.
The Nickel Plate stocks
Bankers' 0Odays's^!Hing, 4 80(94 41 ; demand, 4 l*i\ i^i h4. proposed issue of new stock at par.
CommercUl bills were 4 79(^4 79}. haTe adTanced on a rcTiTal of tbe old rumor about a settlement
Obblea, 4 ft4i®4 81}.
Ooatiaeatal trills w-re: Praaca, 9 i^^^ 3S| and 5 22}; rnou- with Lake Shore, and the Vanderbiltshave been strong, except
Lake Shore. In the latter part of the week the San Franciscos
arkB, »4i and 04}: miildera. 8»i and 40^40}.
Tite follxwioK were the rates of domesac exchange on New had an upward moTement, and Texas Pacific hss been quite
T'wk at 'hf under-mentioned cities to-day: HaTannsh. miying Rtmng, assisted by London buying and the large Kross earnings
Tery active and strong today
I discount, oelling } dis'^nnt; Charleston, buying 3- 16 dis- in September. Lackawanna
eoont, selling par; New Orleana, oammercial, 139 discount, and clueed at 141}.
:

;

cent.

wa

.

%

wu

THE CHRONICLE.

454

[Vol. XUTl.

t»u

'

STOCK EXCHANGE PRICES FOR WEEK ENDING

mEW YORK

OCTOBER

15,

HIGHEST AND LOWEST PETCES.
STOCKS.
Saturday.

Paciilc-

CIina<laSoutb<M'n
Central of New Jersey
Central Pocitic

Oct. 11.

Oct. 12.

Oct. 13.

70>.i

71^4

7OI4

63 >a
021s

71%
60% 63
61% 62%
47% 48%

70% 71
61% 617fl
61% 62 14

71

6218
4Sia
'.)H

IOI4

12

143

OUcago di Alton

49
10
l«i9

12
143

47 14 48 >4
•9% 10
I7I4
17
11
11

-9% 10

17%
•11%

1778

11%

im

2d pref.
EvansTillc <t Terre Haute
Fort Worth & Denver City....
Green Bay Wluona & St. Paul
Hqnston k Texas Central

28% 29
88

*11

28% 29

88

Indiana Blooiuinfrt'n & West'n
l^ike Erie & Western
Lake Shore & Mich. Southern.

20

21

12
37
135
20% 22

91%

0218

9078

LoD^ Island

931s

93 12

LoiimviUe& Nashville....

50!>8

Lbtlls.

I214

37

New Alb. &

Clilcago.

..

*55

,

Minneapolis

Do

& St. Louis

92%

50% 51%
*55
57
57
149% 148% InO

Manhattan Elevated, conaol.. 14818
40
41
<fe Charleston
9112 93 14
Michigan Central
Lake
Mil.
Shore & West
67
pref

93I2

94%

2II4

pref

21 14
4078

46 "8

40

40

91% 92%
94

66
94

21% 21%
45% 46

36'8
35% 30%
11519 1161s 114% 115%
1U12 161-2
Nashv.ChattanoogaASt. Louie *G4i2 651-2
64% 65
New York Ceutiai & Hudson 112 12 11278 112 11278
Hew York Chic. & St. Louis.
1038 11
10% 11%
231-2 243e
Do
2378 2514
pref.
35I2
(few YorkLakeErie <fc West'n.
35
34% 35%

MlBSOurl Kansas
Missouri Paclflo
Mobile A Ohio

&Texas

Do

35:14

pref.

Hew York & New England.
Hew York Ontario Western
Hew York Susq. & Western.
Do
pref.
Horfoik & Western
.

<|L£

Do

pref

northern Paclflo

54

57I2

45

22
7
22
17
45

»20i3
*634
*21l2
*16i4

28=6
6214
271a

Do

pref
Ohto<fe Mississippi

75% 78
55

5714

20% 20%
C78

21%
16% 10%
*44% 45%
28-8
28% 28%
63 14 62% 63%
28% 27
27%
2114

Ohio Southern
16% 17
__.
Oregon & Trans-Continental.
33% 33^8 3278 3378
Peoria DecaturEvansville.
29 14 29
29
29%
35I4 36%
Philadelphia <& Heading...
35% 37I4
Hichiiioud &D;inville
144 144
140 150
Klebui'd * West F'ntTerruinal
29 14 30
30
30
BochesterA Pittsburg
Borne Watertown

& Ogdensb'g

BLLouis &San Francisco....

Do
Do

*32
6534
1141a

pref

Istpref

33
66

32

32

63% 65%

114% 114

114%

Paul & Duluth
561-j
5634
55
56
Do
pref
lOO's 109\ '109 14 110
Paul Mlnneap. A Manitoba. 118% 119% 118% 119%
Bouthern PacltlcCo
38%
38% 38^8 38
Texas &. Pacillo
20 14
20
Bt.

,

Bt.

Do

trust cert...

Union Paclflo
Wab. St.L. &P.,P.Com.rcpts,

Do

pref.

62I4

20%
6i%

217s
621

19 13 20
36I3 36I3

•1978
3678

20 14
37

2OI4
6II3

21i|

RIlBcellaneona Stocks.
Colorado Coal «it Iron
Consolidated Giis Co

Delaware & Hudson Canal...
Oregon Iinproveiucnt Co
Oregon Railway ANa v. Co...
PaclflcMall
Pullman Palace Car Co

Western Union Telegraph

Kxpress Stocks.
Adams
American.
nnlted States
Wells, Fargo & Co

28% 28%
78% 7rid5% ib5%
5414 56%

10334 105

143% 145
77

78

'141
'105

143
107
61
126

*58

126

29 14

94% 94%
10
10%
29

29

15% 15%
19%

79

5%
9%

& Ess ex
York New Haven & Hart
Oregon Short Line
Quicksilver Mining Co
Hew

14134

107
61

30

29 14

Do

pref...
24% 24%
& Saratoga
160 160
Bt. Lcuis A Itoii A Terre Haute.
37% 37%
tJtlca & black River

•10

17
12

9478

9478

10

10 14

81

30

5

5

9I4

125

125

40

41

40

40

10

IOI4

10

1014

I

5

9%

48

48

IOI4

IOI4

18
12

18%
12

Hew

15

•35

24

7
24

•23

37I4

37%

•36

"5%

Central Coal

Tennessee Coal
«

A

Iron

120

65% 66

I514

14

14

65% 66

Oct.

e

May 4| C414 Oct. 6
Jan. 18, 04 Sept. 24
Mar. 24 .^0% Sept. 29
May 61 13% Jan. 8
Apr. 30 21% Jan. &
May 11. I514 Feb. 13
1

210 138
2,442 128%

106 14 105 14 106
6.703 93 Jlay 4 10978 Sept.
55
541.1 144, OSd 49
53
Feb. 23 67 Jan.
14434 147% 147 147 14
2,954 128 May 3 147% Oct.
77 14 78
77% 78 227,27s 60% June 9 7S34 Oct.

9%

123

29% 30
13% 16%
•18

98
5
•9

10
30
17
•18

19
98
5

98%
5

9%

9%

143
106
61
128

10%

37
7

•142

106
•60
•125

143%
106
63
128

93% 03%
979

IOI4

30
16

3.(iS0

5
10

1,200
1.212
3,335
3,175

1834

30

16%
17% 18%

9978t

5

9%

5%
IOI4

95% 93%
140% 140%

24%

37
•5%
7
23
23

23

23%

'23

25

36%

3778

38

38

•37

39

7%

"5%

7%

120

120

38
120

19'

lO'

15

15

13% 13%

Tkese are the prices bid and asked; no sale was made at the Board.

t

14

14

07% 67%

68'

69'

Assessment paid.

11
13

70

Feb. 12

Aug. 10
Feb. 26
June 22

45

July 30
5

4
18
4
23
Feb. 13
Mar. 24
Jiin.

9.^14 Oct.

10% Oct. 9
30% Oct. 1
19% July 29
22% Jan. 5

18 101

Oct.

5% Oct.

2 10% Oct.
223 93 Jan. 13 100% Feb.
350 132% Jan. 9 144 June
204% Jan. 18 .12 8<-pt.
Oct.
1,550 19% May 8 38
4% Jime 2 8 Jan.
"7661 20 May 17 29 July
100 155 Jan. 21 170 July
June 2 46 Feb.
800, 27
65' 117% Sept. 30 123
June
10
9 Jan. 13 21 June
.Ian.
_..
100 17 Mar. 13 23
510
O's Apr. 20 10% Feb.
210
9 May 4 15% Feb.
1,512 38 M»r. 25 70 Sept.

July

6
14
2
14
5

28 111
15 66
26 130

2% June 10
5

6
8
13

21 150

325 30 Jan.
525 8478 Aug.
7 May
714 22% Sept.

13,329

17%

•35

•5%

20 138 Aug.
303;i01%Jan.
323 51 May
54 119 Mar.

30

95% 95%

1514

8%

773

72%

Feb. 17

28
28% 2,810 21 May 4 30% Aug.
81% 80% 81% 20,123 74 Tg June 3 111 Feb.
105% 105% 107
18,823 87% Jan. 18 108% Feb.
30%
1,200, 16
June 8; 31% Mar.

19% 19%
15

32,500 61
"4,625 34%
58,445 42%
7,746, 38
1,150
7
3,448 13

28=,

Bens.selaer

Cameron Coal
Bomest ako Mining
Maryland Coal Co

Higher.

Lowest.

93

141''8

37% 38
•5%

72%
63% 04 '4
61% 6278
72

1381*138% 138% 139

28% 28
80% 81% 80%
104% 10478
.30%
29% 30
104% 103 14 105%
5434
52
54%

128

19

97

64 14
63
49

10% 10%
17% 18

28

125

28% 28% -28% 30
15% -16% 15
10%
•9

49

141% '141% 143 "141% 143
143
107
106 106% •IWS 107
106
01% •59% 62%i 59% 59% 60

126% 127

141% 141% 14178
2IOI42IOI4
33% 38

17

72%

Shares.

1886.

i

,

Morris

47% 40
9% 9%

104% 105
51% 52-%
145 145
144% 144% 145 145
76% 78% 76% 77% 707^ 77%

97

pref
Illinois Cent. leased line stoci

6178

138% 188%
94 14 93% 05%
121% 121%;
121
116% 115% 117%;
141% 142% 142%

51% 54%

•18

Do

72
03

10434 IO314 10334 104

District Telegraph.

Atchison Topeka & Santa Fe.
Atlantic* Pacitic
Buffalo Koch. & Pittsburg....
Cedar Falls & Minnesota
Central low^a
Cincin. Ind. St. Louis & Chic.
Cincinnati Wash. & Baltim're

6314

63I4

138

28% 28%

28

103%

Inactive Stocks.
American

28

78% 79

IO414 10434

71%

Oct. 15.

1,

(

5158

Memphis

Do

*10

30

13518 135 le 135

Uttiolg Central

62

Week,

1886.

1,

May 17;i40 Aug. 11
May 15140 Jan. 5
96%! 94% 95% 2-18,848; 82% May 41 99 Sept. 20
121% 121%; 121% 121%
980'n0 May 3!l25% Sept. 20
117% 118
II714 118
72,980 10414 May 41119% Sept. 22
142% 142% II214 142% 1.055 135 Jan. 18 144 Aug. 9
12314 120 126
125% 126
12578 126
3,030 120% May 14 131 Feb. 17
•)i4 Mar. 24
•1334 14% •13% I414
~03)
14
13% 13%
15% Jan. 5
•30
3334 •30
35
33
32
32
26% Mar. 24; 36% Aug. 7
4934
4973 51
.50% 51%
50% 51% 21,392 3514 Mar. 24l 5134 Sept. 29
II314 11378 11378 II4I4 113% 114
2,745 97 Mar. 24116 June 18
68 14
68
69
69
70
69
69% 13,663 43% Mar. 24 71 Oct. 7
3r
31% 3314 33% 34% 34% 3li% 49.891 !G78 May 3 38% Feb. 17
136% 130% 138% 138 13934 139% 141% 178,960 115 Jan. 19 141% Oct. 15
32% •32% 33% 33% 33% 32% 32%
Sept, 30
985| 21 14 Slay 4| 35
11% III4 11% 11% 12% 12% 13
11,151 11 Oct. 9: 13% Sept. 13
74 14 72% 73 14
2,122' 67
74
72% 73% 74
6
Sept. 17 75% Oct.
2914 2978
28% 2838 28% 28% 29
30
6,7801 28
Sept. 171 30% Sept. 23
•86
•88
....
87
88
88
88
1,200 67% Jan. 29 91% Sept. 15
a|
15 May 4 23% Feb. 1
•10
•10
12
11% III4 1114 11% 11%
200
Jan. 16 13% An?. 20
8
36
36
33
37
33%
37
000 25 Mar. 23 37% July 20
134 134% 133% 133%!
616 133% Oct. 13'143% Feb. 9
133% 133%
21
21% 20% 2II4 18% 20% 1- 980 12 July 17, 2878 Jan. 5
2034 21%
•12
14
tl8% 19% tl9
19% 1,100 714 July 15 18% .Tan. 5
"92%
92% 93
92
90% 91 14 "91%
92% 117,671 76% May 3I 93% Oct. 6
•92% 94
93
93
300 80 Jan. 20,100 June 21
50% 51% "si" "52%! 5278 .5378 52% 53% 69,890 33% May 3 5378 Oct. 14
56
56% 56%' 57
59
55
58% 58% 2,115 32 Mar. 251 59 Sept. 14
148 1491-. 14914I6OI4 161 165
105 172
27,094 120 Jan. 2 172 Oct. 15
1,300 29 Jlay 19 43% Sept. 23
96
96 Oct. 14
95
96
20,421 61% May
91% 9214 9214 94% 94
•62
•62
•62
66
«5
66
65
65
100 22 Jan.
71% .Tune 3
«93% 94% 93% 94I4 94
9414
94
94
95 June 10
2,300i 50 14 Jan.
21 14 2II4
I6I4
21
21
21% 22% 2178 22
23 June 9
5,220|
Mar.
•46 14 47
47
46
45% 46
47% 46
1,873 40 % M.ar.
51% Jan. 4
36I4
36I4
3534
3714
37
3778 Oct.
35%
36%
37
66,353 21 May
6
25,3S0 10034 Miir.
114 114% 114 115% II614I19
118 119
119 Oct. 14
•15
•1614
17
16% 16% 16% 17
22i 17
Jan. 5
1,200; 11
May
'
65 14 66
6334 65
64
65
65
64
2,900
4314 Apr. 29i 00% Sept. 10
IIII4II2
11314113% 11234 113% 17,123 98% May 4 114% Sept. 20
112 113
III4 12%
1234 I414
14
14% I414 15% 57,2201 4% Mar. 24 15% Oct. 15
27% 27
24% 25% 25% 27% 27
28% 24.940 11 May 4 26% Oct. 13
.35% 35% 75,985 22% May 3 37% Sept. 24
34% 34%
34% 35% 35% 36
""
78I4 78I4
771- 78
76 14
7634 70%
980 50% .Tan. 18 81% Sept. 24
57% 587a 58% 60% 60% 62I4 60
62% 160,338 30% Mar. 24 68% Oct. 5
20% 2034 2034 20% 20% 21
20% 20% 1,155 15 May 3 22% Sept. 29
714
7
7
714
7
6% 678
2,275
6 Feb. 1
8% Jan. 2
67e
21 14 21 14
2114 21%
21% 22
22
22% 2,358 17% Jan. 25 24% Sept. 22
'I6I4 17
I6I4 I6I4
17
17
17
17% 2,330 8 Mar. 25 18% Aug. 6
4514 45%
44% 44% 44% 4434 46
44
6,850 25 Jan. 25 47 Aug. 6
28I4 28%
28 14 28%
2834 29
28% 29% 6,0.50 22 Miiy 4 29% July 27
62% 62% 621.. 63 14 63% 6378 63 14 63% 23,590 53% Mar. 27 6378 Oct. 14
28 14
26% 27% 27
28% 28% 28% 2878 14,690 19% May 3 29% Sept. 22
16
16% 16% 16 14 16% 16% 16% 16
1,140 13% Mar. 24 19 Jan. 4
3278 33%
3278 33%
33% 34% 3278 34
16,495 25 Mar. 24 35% June 21
29 14 30% 30% ,3934 30% 30%
29 14 29 14
5,235 16 Mar. 24 32% Sept. 15
3678
36% 37% 3578 36% 249,315 18% Fob. 5 38% Oct. 7
35% 36 14 36
'144
1.50
147% 147%
103 75 Mar. I 150 July 1
2914
31
28
28% 30 14 30
29% 30 14 13,423 27 >4 Sei)t II 38 Feb. 2
9
9
3% .Tan. 161 9 Oct. 15
390 25 .Tan. 181 81 Sept. 22
78% 78% •77
79
78% 78%
31% 31% 31% 32I4 32% 34% 34
33% 13,3091 17 May 5| 35% Oct. 15
65-% 03%
65% 66'8 66% 69
68% 0934 12,080; 37% May 5; 69% Oct. 15
113% 113% 114% 114% 114% 117% 117% II8I4 3,030 97 May 511«i4 Oct. 15
56 14 56% 57% 57% 57
50
56
57
1,6751 37
Jan. ]«! 67 Apr. 12
110 110
109% 1091-2 1097e 111% 110% 111% 2,080 99% Jan. 26 114 June 16
120 123
122 % 123% 12278 124% 122% 124
12,921 106% Jan. 19 124% Oct. 14
38 14 38
38
38% 38% 38% 38
38% 4,190| 30% Mar.
41% Apr. 24
1934 2OI4
20% 20%
19% 20
1,260
20% Oct. 14
7% Apr.
22I0 Oct, 15
2078 21%
2178 22% 104.353 17% Oct.
21
21% 21% 2r
61 14 6178
61 14 62%
62% 62% 61 34 62 14 30,.->05 44% Mar.
0334 Oct.
5
20 14
1978 20 14
20
2,200 12 May
217« Sept. 20
19% 19% 19% 20
38-34 Sept. 20
36% 3678 30% 37
37% 37% 36% 3678 7,480 23% May

Outcago Burliiiicton & Quincy 138^4 I38I4 137% 138% 137%
CUoago Milwaukee & St. Paul. »3% 9439 93% 94% 9278
121% 121
prof. 120'2 121% 121
Do
11478
llO's lie's 115% 117
OUoaeo & Nortli western
14218 142% 141%
143
pref. 142
Do
Chicago Rock Island &PaclUc. I2514 I2514 I2514I25I4 125
OUoaeo St. Louis & Pittsburg. 13% 133a 13% 13»4 14
32
32% >30
30
30
pref.
Do
Ucago St. Paul Minn. & Oiu. 4912 rio^s 4914 .WiR 49%
112%
pref. 1121a US'* 112
Do
70 14 67% 69% 6-14
Cleveland Col.Cln.it Indiauap.
69
32i«
3114
3076 32
Qjlumbus Uoi^klng Val. .tTol. 31
Delaware Lackiiwaniia&We.'Jt 130-\ 137»8 135% 137% 135%
32»4 32%
32%
33
DenTer& KioG.. assessiu^t pd 33
11
11
11
11
£a8t Tennessee Va. & On. R'y.
74
74
73% 7334 •73
Do
1st prof.

Do

61%

Oct. 14.

Friday,

JAN.

Range since Jan.

Sales
of the

Wodneaday, Thursday,

i).

ei:i»

Chesapeake &OI1I0
^ Do
Istpref...
Do
2dpref

Tuesday,

Oct.

Active nit. Stocks.
CanatUan

Monday,

AND SINCE

7
1

15
26
18
29
9
6
16

29
3
10
1
6
16
15
29

OCTOBEB

THE CHRONICLK

18».]

18,

AND RAILB04U BONOS,

(QUOTATIONS OP STATE

8TATB BONDS.
RKCURITIKB.

8X0URITIK8.

Bid.

Bid.

Spooialtax. Clau 1
Obbooi. 40.910
60.191977!

,

*

Ta, L. lUck
Pt. S. IM.
Ts, Mams.* UBock

Sl<i

RR

OM>rKl»-7a. fold, 1890 ..
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fetamp'd. 1>

A St. Jo.

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Now

'86.1

'

in I

Tork-ea, rog.. 1887 103
B0.IOM, 1891
II'J
S*,loM,18»3
115
60, lou, 189S.
118
n TfonHhia flo nld T
35

T

M>tri9oo..

7S«, 7w«|l

SBCURIT1K8.

13

Twinaa oee

68, DOW, 1866
6a, oonaol. bonda
6a, ax-iiatarod ooapoa.

Ballroad Bonds.
rAoet Mnhanot >"• "

AIL * Pae.-l«t.

BKCURmxa.

Bt4. 'Aak.

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J-eea. 1934

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9S>J

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111

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97

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6(
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iiiS'"
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Woot. iVe. - Bonda. Oa
113
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looii
BOLPacof N.Mox.-lai,8o 107 1108
7a, 1900, rac
r-i39V
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94
97
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ill 108
77 i, 78
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93 < 'aaitaDae.AKT.-lai,«a' U3<,'118
ir.—6a. 1931
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Taa*.DlT.— lat,6a,193n.'108
ut.
116
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115

115
130
119

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AjUa.lml. »l.-7a,l934. 103 >t|

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110
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|M.6a,t>terMC. AO.

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1910 ....
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136
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:

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Pac. of Mo.-lat,ao..

Tmat»onda.6a,1933
Paaa.

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__ Kxlen., lat, 7a, 1909
Mo. P»e.-lat, oona.,88.

L<mteT.C.AL.-6a,lU31

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ni

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•

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80

116

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I>o

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A

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77
77
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96

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AU. A Pae.-Ine.. 1910...
Mar — Tnc
Dot. .Mui^k

lAko

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90

1.00,1903.

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lat,eoB.6a
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......

-

70
109

lU
no

68

X.O..t.No.E-Pr.L.«.,i

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'85

109
113
116
114

Roller. A iki. lU.-lat, 8*
Boll«r.«Ckr.-Ut,6i, SS

pakoUKxt.-«a,1910..

Pyl
8«V

'«_'ac.-o.l.iT..{;Crp;i6? llS'itlo'
Oan.,
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101 •»
iaJ3.
.
'RlT.Val.-lat.)lJ 107
109
103'« 1U4
- ^106 107
«iJ Spokano* PaI.,Iat,a!rs.
IW'
108
n ^ 5»A*^ '•':t»-»at,r..<Jo

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lal,I.*l>^7a.l«w.
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97
86

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1044, 106

-

HI

I

l,6ab

67

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*;^L?"*»S;baalara.6a.l897>...

110

lUP.MInn.A Man.-lat,7a 113

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laiB^-»a,t931

1,B.W.

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:
2.Y.Oot.AW.-lot.g.. Oa

1894...

3d.[aooao,7a,1894

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06
i,e«i-»<»o
2.Y.».U.4H.-lat.rir.

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lUV.
•113
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laHA

1937

V

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lata I.

tio,

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74" fTs"

,-.,g.,6«

i

(

.

MIL A

,1930

Rlali..t

pallalwal tnut. Qa, 1693
IM. tetMalOB. 6a. 1937 lbs'

89

:"-

--;

Oaa-^

US

ILACaat.3Co.-iat.7a,'90 113

WiMa * Oblo-.Now 6a.. lU

107V

....

Oan
53>d.

12S

......

•a. 1919
Calr»—ti,Ki
76
AlLACh.— lrtjnT.,7a,'97
ulad,4%^192J. II3S 114>i
110
La.*T^lla»tio,
Inconmo, 19
i>M,6a, 1930.1
!ffl[^>1918..
""•>«'?•»
VaJ.-I.t.ooi».,7«.
448
,-| }ij2
.Vaak.C*aCA8«.U-UV7J
ISay
.. .xt-Xo. A (I'd
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.midl'7^19M^
|1M
96,6a, IMl
110 ;Ht.
r..J 109
A
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ooaa.,?*..!
."»^.Ca«tral-6a,1887.. 102','
ad.7«. i>fi»7
6^1908
Oab.e«ru,azta.5a.... 10>>«:OS\
Arkaniaa Br-cli— lat, 7
ll;Y.C.AU._l,t.cp.,7a,-lSJ ,186
Cairo A Fiiltoo-lal. 7«
1 108
Dob., (o, IMM
Cairo Ark. A T.-l«t. 7»
IM<o
Oan. r-y A l.ar.—5a,l 931
134V,:2S
8LUAllooAT.ll.-l(at,7a

Cbaa.oT«B.w.-M
CMa.*Altoa-l«t.

Okie.

1898

Pltta.CleTe. A ToL-1 at.6a
105^ PltU.McK.4
Y.-l»Uii«.

.'id.liibaiaa.1911

•M,7a

ra^^,.-l..,7M

7«.

109
lis

_ 2d, rosr..7a, 1898....
Plna l"S

i

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1S7

3d.7vl913

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F.T.Va.AOo.Kr
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•t. Sa, ItM.
1*1.* -• nandy-

139 <s

3d, 7a, 1913

19ai)'lU

ai».-6a,19S3)

Al|>

107 107 >a
105 !

CloT. A P.—Oonaa fd.,7a
4th, . r. 8a, 1893
8t L.V.4T.H.-l.t,g..7a

:n.— l«i,7a,i9io.
-lal.6a,

"

HI lo. KtW.* C.-lat,7» 140

ii.

-

Oattallowa— lat,T«,'!iiH

fa,

*

is"

Bid.

RR

i*a.Ca'sKnar.4>oa,lat,ep
>^ Co.-B4>oa,ro«.,19^1.
P!lta.C.4StlL--iat,o..7a

'

.

0««anl,««. l»v;
OM.Ii«.-Ut,lBt.K
•i,»o,l»l3 ...

PennaylTaola

:

Jack-Lao.* «u.—Oo.'Ol
106
/t Na-lat,«^ 1910 105 ilUSHi
lit, aa, 1884-1913
1011,
>aLU.AW.-l«t,iia,1931 i:8
ptT.— lat-tto, 1934
16
«•— «*t,^B(AV«« •*«
113
Dlr.-laiai,1935

la*,aaBa.,«aar.7«.190ti
l<t.«>iia.,iriar.aa,190W
Mar.— lal.ep.,T»
Hrn r. RioOr.— lot., 7a.

;o

lul

OjMaaL«ool.lr..5«.l(tS<<
lCiBa.*8l.U.-l«r.7-.r'i'

183'i

S«Uw.

Alb.*(iaaq.— Iat7«...,

66

•es
12 \

119

SBCDRTriES.

131

54

FnndUiirSa, 1899

Btd.

SUeb. Cant.— ea, 1909
Coop, 50,1931

lot, axt., 7a. 1601
Coaaaa, 7a, 1894
lat.l>a. bir.,ep.,7a.l917

Balt.AO.-Ut.tl>.

I».CltT* We«t.

SXCURITIES.

DaL * Had. Canal— lal,Ta

•98

6o,ooBaol.,3d senaa....
6a,da<6rrod

7»

110

100 "i
77
47
47

VtaflDia-ea, old

KAILBOAO BONDS.
BxcrrRiTtxs.

106

1913

5«, 1913
3«.191S

6%

Aak.

Bid.

Oontlnned-

New riettlem'v—6a,

15
101

•SS".,

133a« 137

oa. Doa-tnadable,
8V
_Brown eonaol'ii Sa, ISgs; 109
T» laaaa Oa. oId,189a.8 63
63
fa. now, 18M.4-1900 ...
6a. saw aerioa. 1914
63
<rmp-inlM.S4.5-(lii.I913l 73

13
23

timrbouiM.J.*J.. tit*

Aak.

Ohio—6a, 1886
lOlS
Rhode IsL—6a, ep.,I893-t 120
aontli OaroUaa-

1

Ta.L.R.KB.*II.O.RB
Ta, If IM. O. * R. R. KR.
r*. ArkuMMCaai. RR.

Bld.

15, 1886.

R, Carol 1i» CoDtljaed—

_

U

OCrOBER

8BCURITIES.

Aak.

Al*t»a>»— CUu A, IMM. 'I03<»106<i MlaaooTl-a*, 1887
lOl'
'10»
OlMaB,ftt,190«
81. du 1888
IM
101V,1M
OlM«C,t*.l»06
te. dne 1889 or 1890.... 107
"4. lO-SuiTlMW
1U5
Aarl'm or rmr., da* "SI 113
ArtiMM U, tojidsd.... •10
PuidlBC. 189t-95
lis
ti.

455

«..•«»*

99

lis
77

V

THE CHRONICLE.

456
New York

OOMPAMKH.

Inaurance Stock Uat.

mer.

Kxctiuige...

Broadway
Batobero'
OCDtral

& DroT'a'

CRuwe

Ohatbam
Chemical
OltUeoB'
€Mty

Commerce
Continental

Com

Exchange*

Kaet River
Blevent.h v,'ard*
Plfth Avenne*
First

Fonrtb
FnltoD
eallatlD

Qameld
German American*.
Sennanla*
Greenwich*

Hvnover
Imp. <ft Traders'
Irving
Ijeather Manaf'rs*..

Manhattan*
Market
ICechanicB'

Mechanics'^ Tradg'
Mercantile
Mercnants'
Merchants' Exoh...
Metropolitan

Sasaan*

New York
Kew York Counry .
«. Y.Nat. Kxoh....
Ninth
North America*
North River*
Oriental*
Pacific*

Park
People's*

Phenlx
Repnbllc
et. Nicholas*
Seventh Ward

Second
Shoe A Leather

State of New York
Third
Tradesmen's
TTnlted States

PRICE.

116

Farragat
Firemen's
Globe

Home

....

Howard

167

10
140

IbO
130
;30

Kings C'nty (Bkn.)
Knickerbocker
Longlsl'd (B'klyn)
Mauafac. & Balld..
Mech. & Traders' ..
Mechanics' (Bklyn)
Mercantile
Merchants'

Montauk

It 3

(Bklyn.)..

Nassau (Bklyn.)

321,

...

National
N. Y. Equitable—.
N. Y. Fire.. .........

Vioh
200
200
123

Niagara
North River
Pacific

123

Park
Peter Cooper
People's

160
167

Phenix

liO

Star
Sterling

Rutger's

Standard

107%

Stuyveaant
United States
Westchester

iS6

Wmianvsburg City.

126

100
60
60
26
100
16
60
100

70
llO
138
147
75
118
210
90
90
113

40

Jefferson

166

117

.

Greenwich
Guardian
Hamilton
Hanover

2U0
108

95
146
170
175
116
116
117
34
212
260
85
95
123
90
260
140
115
225

17

German-American
Oermania
136

ISO't

..

Eagle

Empire City..
Exchange

110
200
150
lUo

](>»

Ilt6

20
70
100
60
100
40
100
30
60

..

Continental.

lie
120
110
705
1060

126
165
166
164
160

17

Commercial
173",

1'24»4

26
26

Citizens'

120
^86

116
125

Bowery
Broadway
Brooklyn
City
Clinton

•JOO

V!700

137
105
157
152

Bid.

,

168
120
140

iiOO

Par.

American
60
Amer. Bxchange ... 100

166 >a

100
100
26
2S
100
100
25
100
26
100
100
100
100
26
25
100
100
100
30
60
100
76
100
26
100
100
60
100
60
100
26
26
100
60
60
100
60
100
100
100
100
70
30
26
60
100
26
20
100
100
100
100
100
100
100
40
100

COMFANIB8.

Ask

Bid.

not Natiosal.

America'

SKCURITIEB.

[Prices b7 B. 8. Bailey, 5>« Pine 8t.J

PRICB.

IfarktMi tbus (*) are

30
20
30
60
100
6
26
85
60
60
60
60 110
97
60
60 140
37 "a 80
36 160
90
lUO
60 155
lOO
26
26 lb5
100 loO
20 150
60 103
60 145
25 123
60 loO
65
100
65
100
26 110
26 140
10 125
60 230

160
102
153
177
186
120
120
123
39
2^5
260
96
103
126
luO
800
150
120
235
80
114
146
160

80
126
220
96
196

120
15

90
66
116
102
150
95
165
100
165

105
175
105
180
107
150
127
105
95
70
117
144
135
246

Gaa and CUT Railroad Stock* and Bonds.

4

Co., Brokers, 49

»A8 COHPANIBB.

Par.

25
20

CMtlzens' Oa8-I..(Bklyn)

Bondf>
Oonsoljilated Gas
Jersey City 4 Hoboken.

1,000

Metropolitan— Bonds
Mutual (N.Y.)

1,000

...

Bonds

HMsan

100
20
1

(Bklyn.)

Scrip
People's (Bklyn.)

100
000
25

Var'e
10
1,000
Var's

Bonds
Bonds
Williamsburg
Bonds

60
1,000

Metropolitan (Bklyn.)..

Municipal— Bonds
Vnlton Mnnicipal

100
1,000

100

Boiiuri

Too

onltable
BcpilB

1. 000

Amount.

Wall

Street.]

Bid.

*

Ask.

May 6,'86 113 116
6
Juyl, '86 65
67
3
100 106
6
]v,'Ju'el5,'86 COHl 81
May

2iii

1/86 160

]902
114
1>« Julyl0,'86 102
1902
3
103
2 !Oct. i, '86 105
2>!i!May 1 .'86 100
i.ooo.ooo! Quar. 1 ig Sep. 15,-86 65
400,000 M.&N. 3 "a! May 1,'88 102
130,000 A. aiO. 3 Oct. 1. '86 100
1,000,000 Quar. 3 July20,'86 180
1,000,000 A. 4 0.
190(5
110
1,000,000!
July 1,'86 79
750,000 M.&N.
1888
105
3,000,000
Oct. 15,'86 143
300,000 J. 4 J.
1900
105
2,000,000
2ia!Apr. 1, '86 108
1.000.000 F.'i'
6
1899
110

3

i

117
104
105
110
102
67
104

iS5"
114
80
110
145 X
109
112
113

[Quotations hj H. L. Qba.nt, Broker, 145 Broadway.]

Broker 8t.4 Fult.P.— 8tk
Ist

men

100
1,000

900,000 J.
700,000 J.

4
4

J,
J.

Br'dway & 7th A v.— St'k.
100 2,100,000 O.—J.
Ist mort
1,000 1,500,000 J. AD.
2d mort,

1.000

500,(100 J.

4 J.

B*way (Surface bds.gnar. 1,000 1,500,000 J. 4 J.
Bonds guar...
1,000 1,000,000 J. 4 J.
Brooklyn City— Stock....
10 2,000,000 Q.— F.
1st mort
800,000 J. 4 I.
1,000
Bklyn. Crosstown
1st mort. bonds

—Stock

Bushw'kAv. (Bkln)— Sfk
Central Crossiown— Stk
lat'mort

100
1,000

100
100
1,000

200,000
400,000
600,000
600,000
260,000

100
5004c.
100
Blghth At.—Stock.
100
Scrip
100
42d* Gr'nd St.F'ry-8tk 100
Ist mort
1,000
«2d St. Manh.4 St.N.Ave
100
1st mort., consol.
Scrip

1st

mort

Sdmort., Income

Houst.W.St.4P.F'y-Stk
1st mort
Ninth Ave
Second Av.—Stock
1st mort....
Oonsol
Sixth Av.— stock

........

900,000

(i.-J.

Ang.,1886 145
Oct. 1, '86 160
NOV..1922 118

Q.— F.

M.4N,

Bonds

Twentytliird St.— Stock.

Q.— F.
J.4D.

F4

748,000 Q.-P.
236,000 A.40

2,500,000
1,000 1,200,000 M.A8,
1,000 1,600.000 J. 4 J.
100
250,000;
F.

a—

600
600,000 J. 4 J.
100
800,000i Oct.
100 1,862,000 J. 4 J.

1,000
1,000

400,000
1,050,000

190

4 0.
J. 4 J.
A.

1,200,000 F.4 A
1,000,000 <i.-J.
1,000,000
A

100 1,500,000
1,000
500.000
100 2,000,000

1st mon,
Third Av Stock

Ist roort

1,200.000

1906
Jan., IPO 106
Adv., 1886 155
Jan., 1888 105

Oent.Pk.N.* K.Rlv.-Stk
100 1,800,000 Q.
Consol. iiiort. bonds
1,000 1,200,000 J. 4 D,
Ohrlst'ph r410th 8t-Stk
100
850.000: Q.— F.
Bonds
1(10.000 A.4 0.
1,000

Dr7Dk.£.B.4 Bafy—stk

July, 1886 28
July, 1900 114
Jan., 1886 230
Jnne,1904 105
1914
104
1924
Aui.'.,l^o

This

Cfclumi.

shows

Oct. 1,'86

Dec, 1902 120
Aug., 1886 133

1898 110
Aug., 1886 ....
June, '93 113
Feb.. 1914 106
Oct. 1,'86 200
Feb., 1914 107
Ang.,188d 220
April. '93 112
36
109
68
Oct..

125

113
110

M.4N
M.4N.
F. 4 A.
J. 4 J.

a— F.

1,000 2,000,000 J. 4 J.
100
600,000 (J.— F.
1,000
250.000, M.4M.

last clvidend on stocU,

1st,

124

noo

Bnr.4Mo.lnNeb.-Ei't,6s 130
110
68 non-exempt

but date ol maturity

4 Amboy— 6b, c.,'89
4 Atl.— l8t,78,g.,'93

Cam.

Mort., 6s, 1889

Cam.

48

Land grant, 7s
Oalllornia So.— 6s
Cous. Vermont, 58
Chic. Burl. 4 No.— 6s
Chic. K. C.
We8t'n-6s

ii7'

.

4

H

123
4Mo.V.-68..
119
K. C. Fort Scott 4 G.—7s
I12\(
K. City Lawr. 4 So.— 6s,

K. City St. Jo. 4 O. B.— 7s
K. City Sp'd 4 Mem.— 68
K.C. Chut. 4 Springf.— 68

127

Little R.

116

Ft.

8.— 7s.

Mar. H. 4 Ont.— 1908, 68,
1925.68

Mexican Central—48

..

BL4 Wmsp't^l 8t,6s, 1910

103

46 14

H.4B.T

— 1st, 78, g.,

Cons. 68, 1896
107 la IthaoA4A th 1 St, gld.,7s
98
Leh.V.— l8t,88,C.4R.,'9M
2d, 7s, reg.j 1910

46
60

Cons. 68, 0.4 R., 1923..

m

—

lO'i

•

6s
flonora— 78
Wiscorisin Cent.- Ist ser.

2d series

STOCKS
Atchison 4 Topeka
Boston 4 Alhany
Boston 4 Lowell.
Boston 4 Maine
Boston 4 Providence
Boston Con. & M.. pret..
Bo^ttuu Revere B. 4 Lynn

95 <a

102% 102 -a
90>ii

49

491a

1

—

93 >4

«93ia

195
134
207

Ceniral of Massachusetts
Preferred
Cheshire, preterred
Chic. 4 East'n Illinois ...
Chle. Burl. 4 North'n
Chic. 4 West Miclugan..
Cinn. Sanrtnskv 4 Oleve.
Cleveland 4 Canton
PreleiTed
Col. Spiingf. 4 Cin

4 No., pref.

60
23

TV

71a

I

26
20

Preferred
C. springf.

Kan.

Book 4
Maine Central

Little

136

138

127
133
il2:

111

lll7

107

66
132
131
128
129
1121a 114

122%

l'J2

ls»
Newt. 4
Illir
4 B.— 1st. 6a, 1910.. mia
114 lie"
4
128

N.Y.—

—

Cons.,8s,g., I.R.C.1911
Imp., 6s, g., coup., 1897
Gen., 88, g., coup., 1908
Gen., 78, coup., 1908
Income, 78, coup., 1896
Conv. Adj. Scrip, '85-89

Cona.
Cons.

130

13

1128 19
lO.i

101

I104l«
Il(i4

60

60%
62
73

5a, let 8er.,c.,1922
5a, 2d aer.,o.,1933

47%

Debenture coup.. 893i
Conv., 78, R. C.,1893..«
Conv. 7b, cp. off. Jan. ,'86
Deferred incomes, cp...
1

4

25
93
70
44

65

i4oi«';

46
10
102
35

ShamokinV. 4 Potts.- 7s 123
Sunbury 4 Erie— 1st, 78.
Snnh. Haz. 4 W.— Ist, 68 106

1(j5

69

99'si()6'"

131
7,1908
991a 100
Phil.4Eri6— l8t,78,cp.'88 106 -a 107 "9
Cons., 8s, 1920
113
Cons., 58, 1920

Phil. Wil.4 Bait.—48,tr.ot
Pitts. Cin. 4St.L.— 78
B.—7s,cp.
Pitts. Titus.

107

};..

108

126

reg., 1893
2d, 7s, coup.
Cons., 7s, reg., i911
Cons., 78, coup., 1911 ..

11\

Preferred

Iowa Falls 4 Sioux Ci
[f'c
Kan. C. Clin. 4 Sprtngf'd
Kan. City Ft. S. 4 Gulf ..

12'l

Perkiomen— 1 st, 6a,cp.'87

PhiL

"35 Is 36%'
104
96 la 98
83^4
E3

IO6I9

102
121

2d, 6s, 1938
Sunb.ALewist'n 7s.C..'96 lis
syr.yen.4 Com.— ist, 7s-

4 Pac— 1st, 68,1906
Uon8ol.,6s, 1905

iio"

Tex.

135'

100
40

.

4

Mem, "64

Cnlon 4 Titusv.- 1st, 78.
United N. J.— Con8.68,'94

70
46

Ft. Smith.

,

I

i

Phila.

i'ii'

104
Eastern
130
Fitchbnrg
231a
Flint 4 Pere Marcjuette.

C—

208

l«7ia

Connecticut River
Conn. 4 Passumpslo

Cons., 68, coup., 1905..
Cons., 6s, reg., 1919...
78, 1896
Pa. 4 N. Y.

136'

20

California Southern

...
127'a
1021a 108

107
104
1890 113

N. O. Pac— 1st, 68, 1920.
13 1» No. P6nn.-2d, 78, cp. '96.
13
Income
70
Scrip
Gen., 7s, 1903
72
>>
68
Debenture, 10s
Debenture 6s, reg
1241a
N.Mex.4 So.Pac— 78..
4 West.- Gen.,6s
m'la Norfolk
N. Y. 4 N. England- 7s..
N. R. Dlv., 1st, 88.1932
118
ds
N. Y. Phll.4 Nor.— Ist, 68
110 la
2d8, 68
Inc., 68, 1933
107
Ogiiensb.4 L.Ch.— 6s...
Creek— 1st, 6s, coup
102 't Oil
(jtmaoUrtated 68
Pennsylv. Gen., 68, reg.
37
371a
Incomes
Gen.,6s, cp., 1910
125
78.
Pueblo 4 Ark. Val.—
Cons., 68, reg., 1905...

Rutland— Ist 6s

120

1271,
68, perpetual
110>i Harrisb'g- l8t. 6s, 1883.

45>a

Scrip
78

_

118

125
130
East Penn.-lst, 7s, 1888 105
Ea8ton4Amb'y— 68, 1920 1"6

-

Mass.— 68, new.

107

KlSl*'.

107

2d, 68, 1904

61
69
Cons., 6 p. c
87 »4
Catawlssa— 1st, 78, con. c.
IO214 1021a
New 7s. reg. 4 coup.
ioiii lois, Cnl. 4C. M.— 1st, 68.1914
SJi^! 67
connect'g 68, <nt., 1900-ui
1271a
DeL 4 Bound Br — l8l,7h

Incomes

4

68,1906

N.Y. 4 PhiL— l8t,eK
ad, 78, 1908

Cona. 6s, 1921
l8t,Tr. 6s, 1922 ...
Bnir.P!tts.4 W.— aen.,6s

101
109
120

Trust, 6s

Kast'rn,

13

Con., 6s. 1913

SSif

Plain. 58

Mortgage, 68
Mortgage, 4ias

Frem.EUi

Ask

Bid.

Buff.

128

Cons. 88, gold, 1901....
Cons. 8s, gold, 1908
Gen., 48, old, 1923.... 102
Preferred
9". Warren 4 P.— Ist, 7a '98
913
Mexican C'entral
West C-eater -Cons. 7s.. 110
Nashua 4 Lowell
"6"i»8 6i'( W.Jersev- lst,8s,cp.,'96 «117
N. Y. 4 New England
i^*
148 150
1st, 78, 1899
Preterred
127
Cons. 88, 1909....4
Northern
106
l8t,6s,C.
178
W.Jer8ey4Atl.—
Norwich 4 Worcester...
12
Western Penn.— 68, coup. 105
Ogdensb. 4 L. Champlain
110
1896
P.
B.,
6s,
1781a
Colony
Old
68, rCK., 1923
Portland saco 4 Portsm. 131
90
CANAL BONDS.
Ports. Ot. Falls 4 Con'y.
91
Ches. 4 Del.— l8t, 88, 1888
7'a
Rutland
112
Lehigh Nav.— 4 '•8, 1914.
Preferred
Mort. RR., reg., 1897 .. 119
5101a
Summit Branch
12915
227.
1911
reg.,
Cons.,
7s,
Central
Wisconsin
92
Pennsylv.— 6s, cp., 1910.
Preferred
lUS
Schuylk. Nav.— lst,68,rg, 1(4
Worcester Nash'a4 rtoch
76
2d, 68. reg.. 1907

Marq. Hougbt'n4 Onton.

127
31

32
e4

•

30
120
240
110
1081a
100
100
195
110
165
112
135
166
125
126
125
135
116
165
115
107

210
110
240
117
37

112
60
130
118
120
ISO
1071a

220
115
270
112
270
114
ol bond*.

BAl^TIinikRB.

PH1L.ADISLPHIA.

RAILB'D STOCKS.tPar

RAILROAD STOCKS.!
N.Y. 4 Phil.,ass.pd.
Prefen'ed
Camden 4 Atlantic

11-4 Atlanta

Buff.

It; la

41"

Preferred

Preferred

Huntingd'u

4 Broad Top

Preferred
Little Schuylkill

Mlnehill

4 Sch.

Haven...

4

Cnited N.

4

J.

Companies.

West Jersey
West Jersey 4 Atlantic

CANAL STOCKS.
Schuylkill Nav., pref...

AUegh. Val.— 7

3-108, '83
7s, E. ext., 1910
Inc. 7s. end., coup., '94
Bait.
O.K. Side— Certs.
Belvid'e Del.— Ist,6s.l902

&

Ex-dlvidend.

32
67

—

4 Aug.- let..
2d
Cin. Wash. 4 Bait.— Ists.

HO
do's

2ds
3d8

93
169

165
133
128

b\
51 la
54 la
121a

131a

124

126
104

1051a
1(16

115
111

107
1161a

105

i06%

75
40

77
42
30

1st Inc., 68, 1931

112%

30% Columbia4 Oreenv.— Ists

95% 97
2ds
No. Central—4 las, J. 4 J. 10; in
121 Hi
6s, 1900, A. 4(3
"iSVi 18%
6s, gold, 1900, J. 4 J.... 12iia
65
63
111
6s, Series A
216
IIU
58, Series B
126
Pitt8b.4Con'ell8.— 7sJ4J 1',S4
49
Union RR.— 1st, gua.J4J
lie
Canton endorsed
120

'W

Virginia
8s

4

Tenn.— 6s

W.Md.—68,

121
'22"
I

113
119
101

t

60

Chart. Col.

681a
621a

.

RAILROAD BONDS.

•

n5ia

521,

Lehigh Navigation

60
50

RAILROAD BONDS.

291a

4

2d pref
Parkeraburg Br

Central Ohio— Com
Pref

Western Maryland

79
60

Norristown
Phila. Ger.
N.Y..
Phila. Newtown
Reading
Phlla.
Bait
Phila. Wilm.

4 Ohio ...lOOx

Atlanta 4 Charl.- Ist
Inc
I6h
S2'e' Baltimore 4 Ohio 4s
571, Cen. Ohio.— 68, l8t,M.4S

54
578

Ne8(]uehoning Valley..
Northern Central
North Pennsylvania
Pennsylvania
Philailelphia 4 Erie

4

601a

61

Lehigh Valley

4 Charlotte

Baltimore
1st pref

Catawissa— Ist preferred
56
2d preferred
Delaware 4 Bound Brook 150
48
East Pennsylvania
41
Elmira 4 Willlamsport..

31,68,1887
•

il24
{123

Concord

Bate.

p nod

2,000,000 Vai 8
1,200,000 Var
260,000 A.&0
36,430,000
756,000 Quar,
700,000 F.&A.
3,500,000 Quar.
1,500,000 M.4N.
1.000,000, Var's
700,000, M.&N.

Bell's

Laud grant, 78
Guaranteed, 78

Det. Lansing

Brooklyn G»s-i,ight....

SBCURITIB8.
Gap— 1st, 78, 1893

BOMTON.
Atoh. 4 Topeka— 1st, 7s

Ask.

107
201

tB»a Quotations by Geo. H. Prbutiss

and Baltimore.

({notations in Boston, Fhiladeiplila

Local Secnrltles.

Bank 8toek UaU

[Vou xLin.

per share.

lst,g.,J.4J. 102 103
1011* 1021a
2d,rref., J. 4 J
103
2d,cuar.byW.Co.,J.4J.
i'27
6b, 3d, guar., J. 4 J
120
U31, Wilm. C. 4 Aug.— 6s

122 >9
113
23

'in2
}

In

Wll.
7s

4 Weiaou— 68

dijf ault.

{

111

Last price this week.

OCTOBEB

THE CHRONICLE.

19. 1880.]

RAILROvD EAnyi.VGS.

IxUal Earningt Reporltd.

which returiu otn be obtai'ie<l.
earnings of
The columns under the hea<liai; "Januirf 1 to latest ilate" furnish the Kf-HS e.irnings fro u J iiiu iry 1 to, aa I iu-luJia^,
the period meatioaed in the second oolamn.
all railroads fr.iia

Mm niitgt

Lmlt$l

WttkarMo
Allinut...

lUt

kl^

Boti.

1886.

1885.

.

*7S.33'>

Ul wkOct

BaK.Boeh.&Pttt

wk

i.t

&3.400
31.608
9e.«>0
13.117
22.452
128.700

>ot

Bar.OLIl.ANo 4tnwk8ept
"
euro V. * CUlo
OiLSoaibem.

1886.

9.586.439
16<.2<i9

9,6'i2.9.51
17.'>.524

858.566

8U2,2UO

1.990.fl80
9i*9.1>4

i.sis.ios

2.010.6.^<l

2,164,01)6

440.958
7.264.8 f3

ia9.665
064.134
3.630,393
580,349
1,0 .-5,086

396.523
366.327
168.240
5 -.56
40.720
56.041
32.148
30.532

Weat.No.CDh

wu Oct
wk Oct
Wk

O' t

I8.«i97

'•t.P.MIn..V Miui. .September.

117.137
47,938
823,397

8t.L.A8aa.Fraii.

'i8t

8t.PaalAOalatb ist

wk Oct
wk Oc-t

Bo ofo Valley
.VllBiist
Shenandoah Vai .^lIK'iSt
SoaChUaroUna.. August

68,tX»8

.

80,367
76,525

Oal.Bar.A8. A Angoat

O.W.Tex.AP

2,145.8JU
436.900
970.024
6,973.708

38.M6

.

.

AaKa't

.

2-0.704

1885.

2,340,728

l,501.J21 1,417,888

Ool.AOr.Dtv
Bt.Jo.A»<l. lal ;-.t
81.1.. Alio tiAT.H I -I
Braaobea
1st

LaU*t Date.

1886.

2,022,847

2.808.-2«9 2.940.750 18,992.-i.i5 18.-J92.8()6

8o. Car. I>iv.

lAula'a Went. Aiipi^t
Mor«an'« I .AT Ali;^«(....
N. T.T. A Mex. AllglUt...
Tex. <k N. uri. An^uat
l^t.At.8)-ateni Augoat....

12',n:()

1885.

«

349.521

...

.\iiiriist....
Irini .VllClLSt....

4

I

8a.Pao.Ooa>p']r-

•

'

C.

PitK.Cin.ASt.L. .lul.v
Rtohiu'd ADaiiv. ii-ptenib^T.
7a.Miai'd DIv >.'n:i'iijb*-r.

412.'S3.'i
6,0Hi>,.i7'.t

38.08?
OUe-Boit. A Q .\iiiriiat
2.748.179 S,9S4JI04 16.603.375 16.410.lbfl
4a7i9 1.304.0591 l.-.>13,IJ-.!4
omb. * Ewt. tn Ut wk Oct
44.90S
ade.l(U.*8i.P at wk let •33.000 SBU,S59 17,8 J6,0tK)i 17.13 ..4^2
'-• wkOct
649,900 •45.700 18.587,768 I7,l<37.3i2
wkOet 143.300 139.000 4,447.60> 4.I99..-12-*
£kjBtJ>.M
AkO. t
Okle.*u
30.455
S4.SO0 136038
970.UJ-.:
,>uaiber.
14.704
CbL A K..^. ..
19348
• a953
OhuIwLsLl.AC 1.1 Wk Oct
50.620 1,961,909 1,803.437
31.343
15.304
Ob. J * Mack. Sppiomtiw.
Oa.M.O.^T.l'. |4tBwkSap<
M>.956 3.034.373
Ala. OC South Uth wl
SA.38M
31.906
999.722
757.577
31.8.M'
v. Ori. A N B i4ia wktept
21.070
432.145
461.506
Tlokab. A Mar |4>b wfeSapi
U.43.'>
13.842
343.457
299.228
VlakjL. 8h. A P ttli wkAep
17.4.13
15.071
311.970
259,097
Cla. BeL A Mob. Auinut
7,^67
6.676
Ote.Waali.A Hal
60.393
49.M1 1.440',719 1,244.'<I5
Cbv.AkrDa«i'.
14.104
37-.'.i.:il
13.399
394.744
Oar. A Cuibii
S5.3.>0
3S.434
19<>.:to.-,
928,«40
<Vr'348.131 387.994 9,I67.3.'»
1.930.iNl-J
M'k iMi
Oo!
240.117.%
7.243
4.749
147.1S8
Mnli«r.
Od!
238. All
3313 A I,7"l (••J4 1.707.2»W
Dbi....,,,
143.782
Darvo.^
Ohio.

no

490..>94

1M.»48 5331.364

»1.0!t8

9J1.B4S

482.906

187.983

410.966

PUla-AErin

1880.

9

P:ilU.ARea.Iln.;

DaU.

•

147.MM

20.24 '4
31.431

wk Oct

423.10
55. too
26.913
103.704
8,688

\VetkorMo^

1885.

iaois59
182.00U
17.152
32.391
399.198
63.992
186.721

221.00(1

AtlMitle ttt

<» £«4e«<

S

1.3li.D9l 1.243.900
18.710
26.014
102.8.'>1
113.931

..
..

,l»t

i

.

.Y.Ik PUii.

A

/oa. 1

•

T AH. F

A«t>h

Seporltd.

Jati. 1 to

RO.VDS.

latest railroad earai'i^a and the t JtaU fr>in Jia. 1 to
The s:) enieat includus the ^ro3S
latest date are givea belaur.

The

BOADA

457

Tot.Pao.8ya.. Aucuat
TrMalof all.... Ancuot
8o.Pae.RIi.Mo. DIv. Cal.. July
So. Mr. cai
July
Arizona Dir.. July
^ewMrx.Dlr. July
SlateoIal'd&Tr, 8rptaailMr.
iVuaa A Paolde Srptsabar.
r>x. A St. Loola lai wk Oct

298,117
373.033
167.3<M
80,150
63.400
45.866
34.002

170.0621
3fl5,-240l

120,962
99,114
91.213
671,800

391,2 9j
809,760

28.7 '5

935.24-1

S

54.-).78:l|

15.0(
101,01

345.246
800.306
939.091
552,989

3 3.4rtS,870' 3,170.838
4I,0<W l,Oi>7,3i5p
958.139
747.578 4.955,1941 4,969,893
47.486
4-.24,508
69,820
448,111
435.813
73.B93
672,320
667,823

331.356 265,600
3.579
10.655
54,723
47.439
305.5O4 323.9K6
14,479
20.000
76,644
98,490
686.789 766.211
3,120,826 1 ,900.362
3,807,bU|2, 666,572

.

9.220.6001 9.4I-.040
2.478.349! 2.il3..=i50
.800.-2-.:4 2.,S23,845
1,1-28,933 1,141,190
535.3921
501,415
4.'i4,i61
410.1641

1,701.771
30.179

1,880,483

377.813
•
2,417,379
92.820
625.027
63i'.273
5,390,058 5.441.899
14,892,516 13,788.777
20,283,174 19.230,674

123.681
313,826
103,957
60.817
74,160
465.000
37.322
24.687
64,788

411,9!)0

2328.89

792.622

798.A69

1.883.247

1,78>».917

909.899
405,698

915,330
402,831

8.9.56.'25i

3,508.598

42,8321
1,219.755
823.483
33.1181
Tol.AObloC.-nt eepfemhcr.
7^,Ha7'
.167.14
Hinn Paflirtc .. AiiKii>t
2,987.731 2, .330.6 .'1 16357,112 19,774,488
Valley of ublo.. ft. [u..ui)>«-r
46.944
W«o.8U L. AP. ,1 I wk Oct 288.175 369.8-29 9,009.501 8.780,668
tWeat Janey... AuKtiat .. 217,918 212.639
943.415
802,930
wlanwiohiOBBtn ilat wkOct
30,391'
30,015 1,103.669 1,095,140

roLA.A.AN.

I

And

M.l;AuKaat ...

litaaehea.

I'

'

ObOT. A
OasT.Ai.

1.1*. «»-..

9.566
217 tW7
376356
34.795
915Jl>4
910,728
81.572 8.095.717 2.980.541
14.440
57'«,4ao
553.11 J
35.823
1,446,464

Wi* 8rpt

iii.i.iAacuat ...
Wk Oct. 3
•raadTrank

901.43!<
387 Jll"

1,215.326

Boaa.AiTaz.OTiin.OMt.lULAt^.

316.99.
79.6"340.30"

I

wk
A
VUat A P. Mw>i |Ut wk
*-••••

BraaaT.

T.

H» f
fl.
0»

Ooi

.lat

>l

(Jei

'••>i«eiil«nilj«-r.

r OepCMubrr.

'

-

.

I'.'

Ki,i>. !>

.

OaUOot A8. r-

M. (4«m«M«.

"-"'pt

:

t

'

Dab.AMoax

4

I

-i

w

4

»

16.300
46.400
386.: 00

8dJ»57
64.40I

i.t

394M3

I..

»•
Lak.-

'.

LebiRliA
l..Kk.A r

USk.tl

513,490

t
r.

Ak..^..pl

Uial«r..t

wk Ort

Lon.N A

i.i>l7,

1.-

*«

.1

20.1.914

67. in I. .iM.;H
I,83U.44<>
36336| 1374.415 1,128,939
163.790
ii'jii*
899.353
964,7a
128.T53
17,481
156,679
39.711
32U89
370334
185369
10,343
214380
•1.334 3.419.781 3.3U0.5S1
42.96
30fl,«H2
900.734
1

wxm
SIMM
42. 1«-

-^.5 Ml

l,241.t>'^iJ

.

j^twK*'

• )

MampbiaACbaa.

lal
Irn

*Ma»i«aM iienn.

wk
wk o

•Max.N.,alllliMa AiifoH....!
Mlcb. A Ohio .. Kntpu»....i
Ut wk Oetl

MttwaukaeANo lotwkOw
.

iaaa.Al(<i.Waat.

UiwkOct

Mlaa

July
Haptcnbcr.

.

li>.i..'

19.335
57.9 3
12.710
130.862

l,i:i*i,

4

132.276

l<i<wn>

». T. Pa-Af.

..
..I

57.. .il/

4

87W.944
37,569

SJ

.T3aaq^Wnn
94346
BMMkWaM
lit Wk Out
181,431
602337
g irth w i Oaon 'AOfflWt

^

Si'!'**'"iPaotOn lat
QMoAMlaa
l>t

QUm eth nni
Orniton tn

R

'•

,

91

I

!'

-'.H5H

101

:—

.'

4.->

31'
111

817.W127.4II

;

>
198.i:i.i
\iiKiMt ... 4..'>*l5.3»i>
17.5"0
tut wk Oet

.).' .i.,:ii«, :tj. !'•_. J, II

i:(.:hi

wm.it'M

l.i

2321,000
V.Mt.S^o
2 S 12300
l.9S0.4l)n

643.000
3.528.1100

4383011
814,700

Manbaau' Eiob.

».07J.I,K)

»33.l»a0

7.l:M.«ao
.»34.70O
1.A1T.O00

1.471,000

Batebera' A OroT
Maohaalea* A Tr..

.

Uraaawleb
Caatber Maaorr*,
saraath Ward

4taU

at

il.

r

AiBac1a*B Bzeb'ca.

i.oy«.iioo

3,48 1. <00
I.'.44.1n0
».827.tfcO
18,iil.00<l

18,1V« 830

807300
8d.<t.4iW

a.ans.ooo
-i.J 14.200
1,111.800

455.001'
230.00(1

9.760.001
8.810,000

45,000

784,900
347 .OOU
248.100
41.000
318.00U

6988.000

45,6o6

138,8Ul<

77.80U
286,700
110.800
840.80O
81.800
211.000
143.800
137.300
43.300
101.200

«.77Ft.40O

1.778.000

747,400
343,300

330,800
354,800
13H,40n

7.«04.'J
4,5<S.U'li

48:<.S00

1:45.000

3.338.300
863.000

44K.200
17-i.40(i

».67;i.io<.
10.3^l),4iN<
3.ll7i.(KH

447300

158.100

2,7t4.50<i

333,300
650.300

23 {,400

7.»3l.-^iin

1^5.000

-i.6il-.J,700

438,2($6

S13.tO(l

18.80(1

313.00U

l.B87.il>tl
3.3<l(.00<'

443,000

I.HI8800
SOlt.OOO

a;--

000

156.500

i».:oe,Hoo
i8.atM.cou
1.780.000
l.lTu.OOO
I7.087.n00
8.&0 1.000

5,8U7,IMIO

2.1170

IHo'oOO
3.14.000
18)<,800

5.1«l.60('
'
" f.SOii

48,600

'MO"-'

e8S'60O
46,000

ADO

rl'iwi

1.581.000

5'J!«,U0U

17.982 lliK)
8,"S 1.00(1

182.300
81,000

3,I4>«,0U0

788.000

4.784,000
18,240,200

33.S.0OO
21)8,000

3,T8i,(HX>
6,lil4.»00

4V0OO
4I0OO

5,5<>8,300

«62,700
234.30O
134,"0n

lb,8^.'..lU0

300,400

26V,805

Sl>4,800

2.-356.000

-325,000

381.400

2.810,100

180,000

4.7l(l.30li

2.348,800
a.»84.400
3.37.1,700
3,36.<,100

2,317,300
3,433.400
4.043.800
3.4»8.la0
I.44;.»00

1,177,700
1,088.700
188.400
183,500

448.400
843,800
763.800
858,300
380.000
188,400
811,400
638.><00

358.100
316,600
834.300

l,»4l.4n0

Waat BMa

1,871300

4t>0.000

Baaboard
Blzlh National....

3.040.900
1.748,400

473.800
137.500

...

-•

45,010

2S6.1.81W'

8.78.1.600

4,888.590
171,000
141. lOO

%

Total....

167.00<l

46,010

388 800

8.L
IM.UOll
88.500
711,800

1.S83.000

Plftb National....
of the Metrop.

44.700

8.832,400
4 ..000

4.1-

i^tarflald

"i'SoA
535.800

1.115.50(1

154,501)

8a<>.4ao

Lincoln

1,164.3011

885.700

4.091.000

Onltad Stataa

1.703.000

3.83H.30C

882.405

•,X!1 1,800

Oarmanla

611,300
204.500

1358 8U0

4.7l'».30O
7.00'i,3UO
2.881. 50(1

PontlncDtal

698.165

'rs.doft

6,303.300

12.B7i>.au<i

Oom Excnanga ..

9.59.741

8.3-i3.6a<

840.0011

674.000
778.800

VUtb ATeooe
Oanaan Exob'nsa

M'ooi

l.S8S.4(><'

23,473.80«>

1:.'.312.H<KI

3.131.400

Oeniuui.Anierio*B.
Obaaa National...

369,000

'i.e35.00<

10,087.001
3.146.000

151,600
838,40U

a.6M,soo
2,535 800

nportvra'A -Trad.
Hark
.Sortb Rlrar....
Raat RiTer
roartb National

8.8?4.UO*>

8.403,400

e'.28.800

l.U"tt.7nO
*.2rft.7U0
9.3<ll,tOO
3.11;t,000

Markat

110.000
157.400
610.800

Uoa.

*

i.M3v,3iia

4.4'24.&<|0

W, irichnlaa ....
dhoaA Laatber.

41t<.3aO

Circuit.

"IBl

D.MS.doo
1.H7.800

t.lt*!<.e(W

3.)I1S,300

V'S-..a4.S

13M4.00U
I.3M.80U

OallatUi Natlooal

Bawery
B. T. Oonnty.

8.143.460
3.824.726
324.946
13 4.605
3,448,303
952, :88
29,9«1.004

12.000

853,300

l7.it.)».ni)n l.».ft8l.700

B. T. Nai. Bxob..

.orreucr.
; Anilbrancliaa.
la Ibo Jul; and AainMt flirarea. r<>r piiriH»ea of eampartaon. 8r.
Loola A Cairo, oow o|wrai«d \tj tbo Mobile A Ohio, la laolaaad la both
yoar*.
* riffnm of nunlnni fnr laat jfnt hare been o^Jiuted ao aa to maka
kOitk nf aiKMii«rt«>n llii- aama a* tbla ynar.
c K.4 ia«iD6lnc rarnmioi of New York PeaaaTlTaola A Ohio.
1 laolad^ Waot Bbote la 1886,
•

3.1S6,00<I

9,082,000
T.lut.OuO
8.207,000
11,748.900

1375.0OI

3.006389
3.460364

•:.

I

>Deo.AKr

Maah a

853.578
I02.540
63.101

wkOat

•.

PaoaayliKiim

~

whOn«
wk Oct

flrptamlicr.
'
i.iut ..

1

10.S«830a

1.4SB.333

9.939.H82
J.tltlHl 3,114.185
7.1921 2,137,130

IVurri.
•

Caatral .Vaiional..
SaooDi) National..
Mlatb Naiioual...
Plrat Natlooal....
rhlrd Matioaal ...

17,6 9.272
341.>*20

.

.

H.T.ANawEn.
M.T. OoLA w

IIO.HK!
997.'J1H
4 1.295

933.04
1.104.742
3r7.<wwl

,

Anir<i<<

„

rnltoB
Cbamloal

,

1!

139387
lS.845i
32.4651 1,71.1.107
11.5t2|
470.448

Vaak. Cb. AM. L. Aucuat
H<iiKMnber.!3,u
}5.Y.C..*n.R
T. (ItT .k .v.. Wk. Oct. 9

«V.T.L.Kn«*w

Tiadaaaiaii'a

[

IIU.1..8ti.A Waat.

ATmD.
•MoMla A Ohio.

Olty

^rlenlal

i

Waa'ap. A St-L. Aucuat

Efaw TorK. ......
Jtaabatlaa O* ....

,

77 1, -'»«
1331,127

Mar. rlii.ucii.A

baaal

51".I.">J
.693
:.«54,10.;f'";.-.''

I

307,215

i> t

l,IOU,H60
1,53.%.! 10

456.743
1,213.431
9,072,826
1.773.063

41

*>

Lor.
M'

Ora«.
Orr^.

1886:

I>uanM<j.

416,034

7,683,7091 73->».;f'J4
96.1u:i
I'l.lSSl
66U..%45

37333
•6,M6

I

Loala.A
Loota-Cv

.M

9,

Aatr aM ^woiiiU a/—

342359

>.9I0 ll,u;(0.99!«

4.838
8».»47
1SJ906
ftl437

;•!
I.

2833^

9.'»,0«A

•.014'

72.10.1

r>t

—

39.677

S».»OWt

ft

la. ra:UA8.('. Ut wk Oct
Tot. low* lliiA- MX wk Orft
TutalaUUnaa t>t wk Oct
lBd.Blaaia.« W.lirt wk Oet
Io4. t>m A "fw N«"P««mt»(Hr

:

69.0.'8

4»<

OadarV.AMii

^rv-

week ending October

following statement 8how.<« tl4
New York City for the

Bank* of

715,496

8.420
32.645
93.435
14.648
43.068
00.046
41.000
36.308

'.

IM.UU-

Or.

ooadition of the Anoooia ted

4J»6,9A4

:

Daa. Mu.

New T9rk City BmAks.—The

1.3H8300

.-.r.\:itm
'i.lDiHK)
9:<2

4,835, ICO
1,

3.7<>0.400

271,800
76,400

4.225.400

•iii.ooa
t8A,40(>

2.l-4«.(l43

3I,50«
260,700
108,100
108.300

3.9*>.50O
4.0 '8.400

3,057.700
l,e84.50'>
1,4X8. 1 ll'l

31(1.100

4.077.9 XI

68,600
83.00"

3.0I'5.00<-i.l6t.IKHl
3.021,1)1(1

'J

75,0(10

46^005

3,433.0n<l

848,756.800 76.696.800 16.843.800 348.831.500

46,000
44,400
45,000
134,800
44,800
I80,0C0
8. 118.80

Thefolk>wiiic are totsla for aeveral weeka past:

.

1816.

IMM.

•»«•«.

•

L.niiilar>.

Oavoaua.

Otrculofinn

Am. Olaar'M
a

•

8en.36 337,485,700 76.»43.»00 19,211,000 847,(rtS,700 MS"-'"""' -"".066
'.107
Oct 3 340,186,700 743-'3,»00 18.570,10(1 848,759,100 f.liii
••
H58
8 443. 156.800 76,880,800 16,843,800 S4s).824.60(l 8.11

The Uoeton and

Pliiladelphia banks will be fouu

1

uu

p. -153,

THE CHRONICLE.

458

[Voh. XLIIT.

GENERAL INVESTMENT NEWS.
it

NO

Hailyoafl 'guttlliQtna,
The Investors' Supplemknt contains a complete exhibit of
Funded Debt of States and Cities and of the Stocks and
Bonds -yf Railroads and other Companies, It is published
on the last Saturday of every other month—viz., February,

the

April, June, August, October and December, and is furnished tcithout extra charge to all regular subscribers of tlie
Cheonicle. Extra copies are sold to subscribers of the
Chbonicle at 50 cents each, and to others at%\ per copy,

ANNUAL REPORTS.

—

Baltimore & Ohio. At the monthly meeting of directors
of the Bait.
Ohio Railroad this week. President Garrett
stated that the road and lis branches show an increa.se of earnings for the past six months of $1,304,182 over the corresponding period of last year.
semi-annual dividend was declared
of 4 per cent on the main stem and of 5 per cent on the Wash-

&

A

ington branch.

Central Iowa.— Mr. Elijah Smith has resigned the presi
dency of the Central Iowa Railroad Company, and President
Stickney of the Minnesota & Northwestern was elected to
succeed him. Mr. Alfred Sully resigned from the directory,
and Mr. C. Fairchild of Lee, Higginson & Co., was elected in

nrcstern Union Telegraph Company.

{For the year ended June

Atlantic & Pacifle.— It is said that the arrangement for
the Atchison Topeka & S >nta Fe, and the St. Louis & San
Francisco companies to guarantee the Atlantic & Pacific firsts
at 4 per cent has been practically completed, and the St. Louis
& San Francisco directors were to ratify the agreement at a
meeting for that purpose on Friday.

80, 1886.)

At

the annual meeting on Wednesday the directors were reelected for the ensuing year, except that the board contains his
place.
three new names: Austin Corbin, John G. Moore and Henry
Central of New Jersey. Judge McKenna, of the Unitep
B. Hyde; who take the place of Harrison Durkee, deceased,
States Circuit Court, has appointed Messrs. J. S. Kennedy and
Frank Work and Hugh J. Jewett.
The President's report says that "whilst the volume of traffic Joseph S. Harris receivers of the Jersey Central road on the
has continued to increase, the tables show a material reduc- application of the directors and the trustees of the adjustment
Mr, H. S. Little will continue President and
tion in revenues, principally in the cable, gold and stock and mortgage.
commercial news earnings. It will be remembered that for Receiver so far as it concerns the past receiver's debts. Presione-half of the previous year the cable rates were fifty cents dent Little says: "Mr. Kennedy will manage the finances of
per word, with no competition; whilst durinc: the year cov- the company and Mr. Harris will manage the practical operaered by tlie foregoing statement there was active competition; tion of the road. This action was taken in the interest of the
and for a portion of the year cable business was done at the company as a part of the plan necessary to its proper reorganitwelve- cent rate, which had not been in operation long enough zation. It will prevent litigation by holders of bonds whose
before tbe close of the year to develop the large increase in interest is in default under the receivership."
messages. Notwithstanding continued reductions in rates,
Cincinnati Indianapolis St. Lonis & Chicago. Earnings
the earnings from land lines service have been well main- expenses and charges for August, and for two months of the
tained, the falling off in earnings from messages transmitted fiscal year were as follows:
over the land lines being less than the increase from wire
August.
Juliil toJ?(/7.31

—

—

.

'•Tbere has also been a falling off in the revenues from dividends on stocks held by this company in telephone and other

show an
messages sent, and the

increase of 1,193,224 in the number of
increase in messages sent over rented
wires, of which no account can be taken, must have been several millions more.
"The average rate received for messages sent over the land
lines operated by the company has been reduced to 30 9-10
cents per message, whilst the average cost pertaining to the
conduct of the business of the company in the transmission
and delivery of messages is reduced to a fraction under 24
cents per message, showing a reduction in the receipts of
1 2 10 cents per message, and a reduction in the cost of handling messages precisely the same.
"Of the increase of $373,000 in expenses, as compared with
the previous year, $198,000 was in the item of taxes, $70,000
in line rentals and the remainder almost entirely in cable
_

repairs,"

The business of the c impany for t'lree years past
in the following table:
Kevenues

for the

—

1883-84
$19,632,940

year

Expenses
and gen. expenses
Rentals ofleased lines
Opei'atinK

Maintenance
Taxes

Equipment

..

& reconstruction.

of offices

and

Total expenses...

Disbursements—

For dividends
For Interest on Ijonds
For einlUng funds
Balanceof

profits for

$',510,058
1,89?,347
1.273,125
499,592
203,061

$13,022,504 $12,005,910
$6,610,436
$5,700,925

.'}112,378,783

1, 3.50,448

301,077
249,528

39,991
$6,1 11,520

$498,916

Surplus July 1 (begiu'g of

Balanceof

$8,544,554
1,822,543
1,146,871
301,732
1SO,210

$9,278,761
1,842,690

472,350

profits
yr.)

year

.

1885-86.

$16,298,639

$5,5fl9,179

Total disbiUBemeuts

shown

$17,706,834

wires.

Profits

18H-S5.

is

$3,658,553
498,916

$4,999,325
495,072
39,992

*3,919,856
$3,399,573
494,461
39,991

$5,534,389
$3,934,025
$166,536 del $14,169
$4,157,469
$4,324,004
166,535
def. 14,169

.

.

lS8.5-8'6.

1S84-85.

$2U6,850
117,009

$4.50,113

206,741

$383,937
227,422

Fixed charges

$97,887
50,000

$•'9,841

$183,372
luO,O0O

$158,515
100,000

Surplus

$17,887

$33,372

$56,515

Net earnings

tables

1885.

$236,482
133,595

Gross earnings
Operating exjienses

companies.

"The

,

1886.

rentals.

50,000

$39,841

Cincinnati Sandusljy & Cleveland.— The Boston Transcript
reports the litigation settled, and says that " President Farlow of the Sandusky went to New York and met the representatives of the Indiana Bloomington
Western. After consultation with President Corbin of the latter road and others,
a plan was arranged and agreed upon, and as a result the suit

&

named has been withdrawn and harmony has been
The contest between the I. B. & W. and the Sandusky has been ended. The plan, in brief, provides for the

above

restored.

&

reorganization of the Indiana Bloomington
Western, and
when that is effected the consolidation of the Sandusky with
The basis of the agreement, so far as the Sandusky is conit.
cerned, is that the present stock of the latter shall be
exchangd for a new preferred stock, covering all the lines of
the consolidated road. That is, the Sandusky stockholders
will receive a new security ahead of Indiana Bloomington
Western common stock. While details of the plan are wanting as yet, the substantial fact is as above stated, and after
months of agitation and legal complications, which have
placed the lessee road in receiver's hands and threatened to
take the leased road from the control of the present, or Boston management, the two companies have met each other
half way and arranged an equitable settlement."
It is stated that the plan is substantially to consolidate the
two roads, and issue a new 5 per cent first mortgage bond to
cover all outstanding bonds of both companies; also |3,00),000
second mortgage 5 per cent bonds in exchange for the I. B.
W. second debentures. Holders of I. B. W. incomes will
receive 70 per cent of the face value of their bonds in preferred stock. An a'sessment of I. B.
W. stock of not less
than 7 per cent will also be made.

&

&

&

&

—

& Terre Haute. The annual report of the
& Terre Haute road for the year ending Aug. 31
show the following:

Evansville
Evansville

Total nominal surplus June
30 (end of year)
$4,157,169

$4, 324.004
$4,309,835
table exhibits the mileage of lines operated,
number of offices, number of messages sent, receipts and
profits, for each year since 1866:

The following

Miles of Miles of
Tear. PolesitC'bl's.
Wire. Offlees.

1865-66

37,380

1866-67.. 46,270
1867-68.. 50,183
1868-69.. 52,099
1869-70.
54,109
1870-71.. 56,032
1871-72.. 62,033
1872-73.. 65,757
1873-74.. 71,585
1874-75.. 72,833
1875-76.. 73,532
1876-77.. 76,955
1877-78.. 81,002
1878-79.. 82,987
1879-80.. 85,645
1880-81. .110,340
1881-82. .131,060
1882-83.. 144.294
1883-84.. 145,037
1884-85.. 147,500
1885-86. .151,882

75,686 2,250
85,291 2,565
97,594 3,219
104,584 3,607
112,191 3,972
121,151 4,606
137.190 5,237
154,472 5,740
175,735 6,188
179,496 6,565
183,832 7,072
194,323 7,500
206,202 8,014
211,566 8,534
233,534 9,077
327,171 10,737
374,308 12,068
432,726 12,917
450,571 13.761
462,283 14,184
4691607 15',112

Messages.

5,879,282
6,404,595
7,934,933
9,157,646
10,646,077
12,444,499
14,456,832
16,329,256
17,153,710
18,729,567
21,158,941
23,918,894
25,070,106
29,215,.509

32,500,000
38,842,247
41,181,177
42,076,226
42,096,583
43',289',807

Receipts.

6,.568,925

7,004,560
7,316,918
7,138,737
7,637,448
8,457,095
9,333,018
9,262,653
9,564,574
10,034,983
9,812,352
9,861,355
10.960.040
12,782,894
14,303,543
17,114.165
19,454,902
19,632,939
17,706,833
16,298,633

Profits.

2,624,919
2,041,710
2,748,801
2,227,965
2,532,661
2,790,232
2,757,962
2,506,920
3,229,157
3,3911,509

3,140,127
3,551,542
4,800,440
5,833.937
5,908,279
7,118,070
7,660,350
6,010,435
5,700,924
3,919,855

will

Gross earnings

Expenses
Net

Indiana Bloomington

18S6.

1885.

$761,981
348,122

$71?,S23
33b,72^

$413,859

$382,101

Increase.

$13,158
11,400

$31,758

& Western.— At Columbus,

O,, Oct.
30, 1886,

the following report for the year ending June
office of the Commississioaer of Railroads.
Total earnings, $3,493,536; total operating expenses, $1,653,753; ret earnings, $839,783.
Lonisville New Albany & Chicago.— At the quarterly meeting held yesterday the following report was presented
$1,346,350
Gross earnings for nine months ending Sept. 30, 1886
926.954
Operating expenses
11,

was received at the

:

$419,395

NetearDings

By comparison with same period in 1885

this

was an increase

in gross earnings of $141,384; a decrease in operating
of $5C>,269 ; an increase in net earnings of $197,654.

—

expenses

Maine Central. Following is a statement of the gross and
net earnings of this road as specially obtained by the Chronicle

:

OCTOBEB

THE chkomcle;

16, lt«0.]

AnatuL

,

1886.

GroMaaniInn

taoT.S.'sa

1*3.805

OpvraUns eziM-iuu

HMaanilnn

.

.

Jan.

1 to .lug.

1830.
1885.
$27i».082 •1.MS.S32

ja0.82G

S163.547 SU'i.236

1. 179,030

31.

—

1»S5.
»1,931.1J7
1,133,012

tTes.SOi
S698,0^3
of the Man-

MtHhattan Elerated.—The annual statement

Company

for the year ending September 30,
$7,420,316, an increase vor the
preceding year of $425,649. The paasensters carried durinjy the
year nntntiered 115,10»,&01, against 103,354,720 in 1884-85.
The daily average number of paasengers carried was 31.5.369,
and the greatest number carriod on on« day was 557,114— June
5,1886.

hattan Railwaj
1880,

Bbows grosB reoeipu of

<

exleaa National.— Mr. Smithexa, representing Blathe
•on & Co., of London, holders of 5 million of bonds, and Gen.
Palmer, representing the interesU of Ainerican holders, have
Mexico under which it is understood
oome to an aKreeme nt
the American and London committe«a will agree upon a joint
plan which it is ezpectt^d will be satisfactory to all parties.
The plan will provide for a small prior lion issued at the rate
ct aaoat Dine thousand a mile, and an amicable foreclosure
under which the preac-nt timt'i will take rank as a second
mortgage. The new firsts will be redeemable at short notice,
when the seoondB will resume their old standing as a first lien.
The objectionable contracts have all been canceled and the
new company will be left free to make others in their place.
MlMonri i'nclflr.-This company has issued the following
oiicnlar " To the stockholders of the Misaouri Pac. Railway
Company. For the purpose of paying for a large amount of
additK'na' rolling stock, which is required by the increasing
bnainesa of the fystem, and paying for the construction of
additional teancb«i* ntw being buili, it is proposed to increase
the capital stotk of this company four milUonaof dollars. This
stock will be offered at par to the stockholden of record at the
time of the closing of tha books, and the money will be called
from time to time aa the aaiae is icqnired by the company.
" Holders of Hiasouri Pacific Railway Company stock of record at the clo^e of business on the 16tn of October, 1886, will
be entitled to suhecribv for one share of new stock for every
ten shares then held by them. Tht* transfer books of the company will be cicaed on the 16th day of October, 18M, at thr^
" ^' and reopened on the 2d dav of November, 1886,
o'cl
at I'
A. M. The right to subecribe will expire on the
SOUi -J
October, at three o'clock P. M. Slockboldtn
deainng to aubscribe •• above will fill out tbe form attached

m

459

He said that the adjournment was without date,
and that it was probable that nothing whatever would result
from the consultation, at least for the present.
Ohio ft Mississippi.—The annual meeting of the stockholders of the Ohio & Missbsippi Railroad was held at CincinPresident Peabody's annual report iihows gross earnings,
nati.
through.

$3,671,919; operating expenses, $2,577,708; net earnings,
increase over IS81-5, $99,480. The labor troubles
$1,074,211
at St. Louis cost $150,000.
contract has been entered into
with the Kentucky
Indiana Bridge Company for the use of
the bridge across the Ohio at Sand Island.
The new directors are as follows George R. Morrison,
George C. Magoun, Jas. H. Smith, A. Oracle King, William
Libbey, Baring Gould, of New York F. P. Dimpfel, Robert
Garret, of Baltimore ; E. \V. Wbittaker, of St. Louis J. F.
BamarJ, of St. Joseph Briggs Cunningham, of Cincinnati
W. W,
J. M. Tracy, of Springfield. The retired directors ftffe
Peabodv, C. A. Beecher, Robert Jlintiim and S. M. Felton. Jr.
Mr. J. F. Barnard was e.'ected President and General Mrjiager.
The Court has decided that the Ohio &. Mi8Bisfcii.pi ushst put
M,
the Springfield Division in running order a ad the O.
gives notice of appeal.
;

A

&

:

;

:

;

:

&

—

Oregon ImproTement Company. This company's
ment for August and nine months is as follows:
AMOUtL

Dee.

.

188V

ISfte.

GrOMeamlnin

state*

Ito Aug. 31.—,

1885-S.

1884-S.

*317,04S
199,K93
Opcratliigrxi>enK*...

*JT5.603
207,271

$2,069,266
l,.'i80.210

92.002,797
1.«S3,603

fU7,4A0

$JS,332

iiit8»,056

^100,234

:

'

.

I

hereto, and return the same to the uodetaiffned. The first
instalment of 2U per cent on the new stock will bo due and
Myable on tKe litt day of November, 1886, at thii cfTice.
OMcIa aboaM be drawn to the order of A. H. Calef . Treasurer.
Ndtiaaa o( fnnlwr instalmcnta will be aant to safaaeribers by
mail. Receipts for the ama«inta paid will be given to be murendered hereafter wlien tbe stock is i«siied. Interest at the
rate of 6 per cent per annum will be charged on instalments
not paid on tbe datea called for. Inclos.^ ia a form of pioxy
to vote at a special meeting of stookholden to be held for the
purpose of authorising tiM propoacd incraaae o( stock and for
other porpoaes, wliich please aign and return. By order of the
board of director*,
A. H. Calkt, Treasurer.*'

Nashrllle Chattanooga t 81. Loala— TenaMMe Ceal t
Irea Coaipaay.— Tbe directors of the Nashville Chattanooga
St. Loola Railway Company have porotHwed the Tennesaae Coal A Iron Railroad, paying for it $500,000 in bonda that
bear 6per cent interest, to ran 80 years. The road extends
from Cowan on tlie line of the Nsaii.vitle Chattanooga & St.
Louis Railway, to Tracy City and tbe ooal mines of the
IWaacaaaa Coal ft Iron Railroad Company, a distance of i:0
milca. Tbe sale was ooaWnned bj tbe diraotors of the latter
road and the liaa traaaferred to tbe porohaaer.
The directors of thn N'luhvUie Obattaaooga & St. Louis RailntsvUle ft Eiora branch, and also
w^r deckled to bu
to ooostract a bran
Sparta to the Bon Air ooal fields,
18 milts (rom Sparti.
New Vork Chicago ft St. I^oalt.—At Cievaland, October 11,
iri the case of tbe Union Trust Company against
all
the
ite were filed by tlie different lawyers, and the
case IS now in the hands of the Coort, The press dispatch
says tlMTs is nothmg in tbe briefs except ihurt was brought
out in the arguments daring the hearing.
" A Van—T><itc, Jonta d Co., reported on Ttaaraday
derbilt broker says that be has seen tbe plan to settle
the Nickrl Plate-Lake Shore troable.
It
provides for
$K,00O.(X)O 4 per cent guaranteed bonds, to be issued to tike
all debt.
A syndicate is to manage tbe flaa and offer it to
tha bondholdara. Nickel Plate ia to be leased to Lake Shore
and the present booda are to be deposited as collateral for the
Nob asawiting bonds will be piid in cash." [Tbe
a' oommittee know nothing of this.]
New Tork k New Englaad.— A conference of the railroad
BasaatM wtu h^M at the Urand Central D<>ix>t there were
present
Watrom and Director E. II. Trowbridge of
the New
Haven ft Hartford President BhM of the
BoMOB ft Al«>any President Clarke and Vice-Preci'lent T. L.
gtoaoa of the New Tork ft New England, and W. D.
BUmp, who is a director of the latter-nnmed road as well as
After they
at the New York New Haven ft Hartford.

A

I

^

I

:

;

I

.<.

Mg

;

;

adjoomed Prtsident Watroua

said that the relations of the

fOada which had been represented were fully discussed, and
tkal oertain propoaitiona had been made oooceming an
arranoeoient between them all, l<ut that no conclusion whatever faMl been reached, and that the whole matter had fallen

Noteimiiigs

Oregon Rallvay ft NaTigatlon Company.—The statement
for September and the three months of the fiscal year from
July

1

to Sept. 30

is

as follows:
SeaUmber.
.

.

Tkrtt iloHlM*.——\
1886.
188S.
•1,434,803

«5S3.300 9S77..153 91,43S.2«I3
346.300
266,926
748,896

Expenses
Net sanllKa

$307,000 a3l0.633

Peoria Decatnr

Haute

,

1885.

1886.

Eamlajn

ft

703,806

a68e,2I>3

EvaasTllle.— The Evansville

•723.037
ft

Terre

owns

$1,700,000 (out of $2,000,000) of
the Peoria incomes and favor 'consolidation and the conversion of the income bonds into a 5 per cent general mortgage
bond. The Peoria p°ople say that in tbe event of a consolidation, thev will ask 100 shares of Terre Haute stock for 300
shares of Peoria stock. The result of the stockholders' vote
on the consolidation at the November meeting will be awaited
interest

with some intervst.
Philadelphia t Iteadlag.—The decree actui)|ly entered in
tbe Reading case reads as follows " Thertupon, it is ordered,
adjudged and decreed that tbe plaintiff is entitled to have a
sale of the mortgaged premiies, in accordance with the
provisions
in
said
npon
mortgage contained,
the
failure of the defendant to piy within a time to be
hereafter fixed tbe amount of the bonds and coupons
now outstanding entitled to the security of the said mortgage;
and for the purpose of ascertaining the amounts of bonds and
coopons now outstanding which are entitled to tbe security of
:

said mortgag<>. it is further ordered that this cause l)e referred
to George M. Dallas and James Pollock, Esquires, as masters,
to ascertain and report within ninety days from th<« date of
this decree the amount due upon the bonds, principal and interest, which are entitled to the security of said mortgage, and
also to report what lienx, if any, are ]>rior to the bonds, or to

any and what Iionds, eecure<l by caid mortgage, and also to
ascertain and report the extent of the lien of the said mortgage
upon the railroad, branches, leaseholds, interest, franchises and
other property of the Philadelphia ft Reading Riilroad Companv, including not only the property owned oy said company
at the time of the execution of said mortgage, but akio that
wtiich has since been aoqnired.
JosKra P. Bradley, C. J.
^'
October 8, 1880."
I

J UPU

Hfh0tl» Arkansas

ft Texas.— Mr. James H. Benedict,
Vice-President of this company, says that the work of change
log the gauge to the standard width will begin next Monday.
Tha change will be made first on the Missouri ft Arkansas
division, which is 418 miles long, and the work will be done
probably within forty-eight hours from the time it is begun.
The change on the Texas division (317 miles) it is expected
will be made next month.
The comnanv has already pur«
ohased seventy new locomotives, stanaard gauge, and about
1,200 new cars. It also has now on band 1,100 cars standard
width, which have been running on narrow gauge tracks, but
all that is necessary to make the change is to place them oi^

wider rtii^kA
St. Louis Fort Scott

& 7, lilliz.-The St. Louis Olol/ei
prints the following " During the present week
there have been in St. Louis a commi-Hioner and a United
State* Marshal engaged in the task of securing the depositions
of the officials of the Missouri Pacific RR. with reference to the
Wichita
operations and earnings of the St. l^ouiu Fort Soott
The fact
Railroad, a recent a'-quisition of the Gould system.
Democrat

:

&

developed that Attorney Moran, representing a majority of
the stockholders of tbe St. Louis Fort Scott ft Wichita, has
filed papers in the United States Court at Topeka asking that
the lipe be taken out of the hands of the Missouri Pacific and
that a receiver lie appointed to look after the inter&tf of the
stockholders. The suit is base<l upon the claim that t'le road
has proved a perfect gold mine and that, notwithstanding tl e
handsome returns received from the property by Mr. Goulr*,
that gentleman has failed to pay a cent of the overdue inteif^
est on Uie bonds and intends to avoid payment. U^oi th.'t
is

THE CHRONICLE

4fi0

theory the bondholders propose to demand an accounting,
and claim to be able to show that the property has paid a
handsome surplus over expenditures."

[?0L.

XLEU,

ghc CPommerciai Simes.

St. Paul & Dnlnth.—The St. Paul & Duluth RR. puts upon
the market |500,000 first mortRaze thirty -year bonds of the
Duluth Short Line RailwRV, secured by a mortKage to the
Central Trust Company of New York and the principal and
The Duluth
interest guaranteed by the St. Paul & Duluth.
Short Line is leased to the St. Paul & Duluth and is intended
to furnish a shorter and better line from Thompson to Duluth
and West Superior, with a bridge over the St. Louis River,
and when completed will be about twenty-five railfS long.
The business of the St. Paul & Duluth is greatly crowded
.between Thompson & Duluth (where the line is also used by
the Northern Pacific) which the new line is intended to
relieve, a"d the branch to West Superior furnishes a more
direct and much shorter line than the present one by Duluth,
Rice's Point and the Northern Pacific bridge across the
harbor, The capital stock is $600,000 and bonds $500,000.
St. Panl Minneapolis & Manitoba.— The St. Paul Minneapolis & Manitoba Riilway Company has negotiater) $6,000,000 414 PPi" CPnt consolidated first mortgage bonds with a syndicate cnnsistinar of Kiihn, Loeb & Co., Brown Bro<i. & Co.
and J. Kennedy Tod & Co. The proceeds of the $'5,000,000 of
^14 per cent Manitoba bonds will be used, together with several
millions in the treasury, in payment for some 600 miles of
extension. 300 miles of which are expected to be in operation
at the end of this year.
St. Joseph & Grand Island.— The Stock Exchange will
begiu to i.eal in the stock of the St. Joseph & Grand Island
Ruiiroad Company next Monday. The statement of the company shows that for the year ending September 1 the gross
earuings were $1,171,501, while the operating experses
amounted to $624,466, leaving net earnings of $.547,035, to
•which was added income other than earnings sufficient to
bring the amount up to $558,795. Interest paid on bonds of
the company, including $43,000 interest on second mortgage
bonds, amounted to $46;!, 000, leaving a net surplus income of

COMMERCIAL EPITOME.
Friday Niqht,

Oct. 15,

1886.

A period of fine autumn

weather, unusually prolonged, has
been brought to a close in some sections of the country by
violent storms or lower temperature, or both. There is a
serious loss of life on the Gulf Coast, and much damage to the
rice crop in Louisiana. The prolonged drought on the Atlantic
coast has done some damage to
ite vegetable crops.
The
strike of the workmen in the swine-slaughtering establishments at Chicago continues. Warlike rumors from Europe
have stimulated the speculation in breadstuffii, causing some
recovery in values, which had declined to very low figures. A
renewal of the shipments of gold from Europe to this country
has been noted with some satisfaction.
Lird futures have been much le^ active, and the fluctnatioDS in prices were comparatively slight, closing this afternoon steady, after brisker dealings in the early months.
I

DAILY CLOSING PRICES OF LARD.
Saturd'y.
Oct. delivery...

6e.

Nov'mb'r"
Uec'mu'r"
January *•
February"

605

..

Mond'y.
'

6-11
6-19
6-26

..
..

..

Tuesd'y.

6-01
6-06
6-16
6-23
6-30

5-96
6-05
6-13
6-20
6'27

Wedntfy.
6'15

610
6-20
6-29
6-36

Thurtd'y.
6-12
6-09
6-19
6-27
6-35

Frid'y.

6-08
6-08
6-18
6-25
6'33

on the spot has been more atstive. Refined, in partiohas been taken in large quantities for the Continent, with

L<ird
lar,

some business

for South America, but the close is quieter at
for prime city, 9 073^® 9 '121^0. for prime to choice
Western, and 6 -40® 6 '500. for refined for the Continent: Pork
9'05c.

is quiet but firm at $10 50@|10 75 for new mess, $10;§|10 25
f 96,703. There is no floating debt.
for extra prime and $14 75® $15 25 for clear.
Cut me Us have
The
following
is
comparaa
Southern Pacillc Company.—
been
more
freely
offered,
but
the
close
is easier
pickled belexpenses
fixed
charges
and
of
tive Btattment of the earuings,
The lies 7@7J|c.; hams 9^@10c., and shoulders SJ^o.; smoked
this company for August, and from Jan. 1 to Aug. 31,
total mileage is 4,753, against 4,6»7 last year.
hams ll@llj^c, and shoulders 6J^@6?^c.
Beef remains
-Jan. 1 to Aug. 31.
-Augusl.nearly nomiml at $7 50@$8 for extra mess ani picket per bbl.,
188."i.
1^96
18S5.
1886.
Orosf earnings—
$14,892..'M6 $13,788,777 and $ll@$13_for India messper tierce, with beef hams lower at
$2,120,826 $1,9< 0.362
Paciflo syt-tem
5.3a0,6j8
766,210
5,441, 8^9
65 6,785
Atlautlo system
Tallow is firmer and active at 4>^c.
$18 50@$19 per bbl.
$2,807,611 $2,666,572 $;0,'.'83,17i $19,230,676 Stearine is firm at 7i^o. and oleomargarine is quoted at OJ^c
Total KTOSS
Net earnings —
$7,413,3i7 $7,237,145 Butter is in better supply and cheaper at 21@31c. for cream$1,067,739 $1,OHO,028
Pacific 8\8tfm
;

.

331,733

1,234,472

2,078.669

$1,251,628 $1,411,761
46,681

8,647,829

$9,315,814

28,653

22,072
124,429

183,899

Atlantic systom....

Cheese is also cheaper at 93^@115^c. for State factory,
and 3S8c. for skims. The swine slaughtered at the principa373,443
Western towns from March 1 to latestdates numbered 5,005,.021,272
$
Total net income $1,298,309
000, against 4,320,000 for the corresponding period last seaaoni
9,302,688
Fixed charges.... 1,162,836
The speculation in Rio coffae has been brisker, and at
def. $281,416
$135,473
Net profits
times quite active. There has been much disposition to sell
236,413
31,>i06
Construction & imp.
for a decline, but foreign advices have favored the Bull party,
def. *519,829
*1 03,667
Balance.
and thn close is dea-'er, though quite feverish, with sellers at
•Includes interest, rentals, Cent. Pao. guarantee, taxes and U. S. dues 9'95@ 10c. for the early months and 10(310-050.
for the more
The gross and net earnings of the Atlantic system of the distant options. Coffee on the spot has shown considerable
for
August
in
detail
and
from
Company
Pacific
Jan.
Southern
activity at generally better prices; fair cargoes Rio quoted at
1 to Aug. 31, were as follows
.— aross Earnlngs.Ifel Earnings.ll%c. Raw sugars have been dull at 45^0. for fair refining
1885.
1886,
1886.
l->8b.
Augustand 5 3-16o. for centrifugal 98-dHg. test. Refined sugars
Cuba
$266,660
$.'>2,i)90
$231,«.^6
$122,863
GalHaf. &8. A
1 0,655
d^t. 1,213
3,579
2,983 quiet. Molasjes dull at ISJ^c. for 50-deg. test.
G. W. Tex. & Pac...
Teas in fair

Total net
Eeut'l leased linea.

.

ery.

—

:

54,723
305,504
14,479
76,644

l«)Ulslaiia Western..

Morgan's La.

Texas

&

&

& Tex.

Wcx....
N. Orleans.

N. Y. Tex.

Tot. Atlantic sys'm
Jan. I (0 Aug. 3 1—

Gal. H.

*

B.

A

G. W. Tex. & Pao
Louisiana Western...
HoricHu's Lh. & Tex..
N. Y. Tex. &Mex
Texas & N. Orleans..

i

47,439
323,^66
20,000
98.490

7(1,160
3,)i(l

5,.=>00

29.717

52,237

$636,785

$766,210

$183,898

$530,084

1,701,771

$1,880,483

$211,099

$7S6,562

3i),179

411,990

3773V2

2,.52J',899

2,417,379

9.,8iO
625,027

8.^69
205,750
569.430
def. 5,370

63 i', 273

262, .156

274,098

Tot. Atlantic sys'm $^,390,686

$5,306,947

$1,234,406

$2,047,529

Art.

190,(^09

796,262

Uissiseippi.

in moderate demand for export and
home consump'.ion at steady prices. Seed leaf tobacco has
been much less active, and sales for the week are only 1,563

Pennsylvania, ll@13c.;
350 cases 1885 crop, Pennsylvania Htvana seed, lOg 16c. 200 oases 1885 crop. State Havan*
seed, 12@a4c. 250 cases 1885 crop, Wisconsin H.ivana seed,
cases, as follows: 230 cases 1881 crop,

150 cases 1883 crop, do.,

8® 13c.;
;

Tfabflsh St. Lonig & Paciflc— Notice is given to mortgage
bondholders of the Wahash Railway east of the Mississippi
River that on October 19, at Chicago, an applicaiio n will be
Jieard in the U. S. Circuit Court for ap indei>endsnt receiver
of tb« Wabash Railroad property east of the Mississippi River,
with power to operate the road and apply the eirnings in
the order of priorities of lien. This motion is made in new
foreclosure suits to foreclose the mortgages given by the Toledo
Wabash Western Railroad, Feb. 1, 1867, for $2,610,000 also
by the Wabash Railway Coiipany May 17, 1879, for $2,000,000.
Besides this there are some ten other mortgages, r presenting
some $15,000,000 on various divisions of the Wabash system,
which are p^.Aor to the mortgage of 1880, under which the
Wabaah system was reoeatly sold by the Federal Court at St.
Louis, On all these twelve mortgages interest is overdue and
unpaid as well as the interest accruing during the receivership
upon certain funded coupon obligations issued to represent
over two year's prior unpaid interest. The lines of railway
covered by these mortgages constitute a system from Toledo,
Ohio, to Burlington, Quincy, Hannibal and St. Louis on the

&

demand.
Kentucky tobacco

;

;

8@10c.; 150 cases 1835 crop,

New England Havana

25c.; 150 cases 1885 crop. Little

Dutch,

crop, do., private terms; also, 600 bales

250 bales Sumatra, $1

20® $1

seed,

19@

and 83 cases 1884
Havana, 60c. @$1, and

9c.,

60.

Crude petroleum certificates have been quieter in the past
day or two, with nothing very significant in the well news, and
the closethis afternoon was at &i%@Qi%o. Spirits turpentine
has been dull and closes quiet at 37c. Ro^iins have met with a
fair demand at $1 03J.^@$1 07^^ for common to god straiaed.
Wool is quieter and baruly steady at the advince. H ips are
Metals have conliaued without
in t)etter demand and firm.

feature except the speoulati:)a ia block tin, which closes firm
this afternoon at 23"20c. for

November and 22'25c.

Ocean freights were quite active early
in grain shipments, but the close

is

for January^

in the week, especially

quiet at 4d, to Liverpool,

with a shipment to Lisbon at lie, an i recent charters for the
Petroleumjcharters have
Continent at Ss. 103^d,@48. IJ^d,
been quiet.

OOTOBKB

THE CHRONICLa

18, I8861.]

COTTON.
Friday, P. M.. Oct. 13, 18|6.
Thb MoyxMKMT or THB Cbop, as indicated by oar telegnuiis
from the South to-night, is given below. For ^ba week ending
thia evening lOct. 15i, the total receipco have reached 230,388
bales, against 197.166 bales last week, 150,465 bales the previ^ week and 106,601 bales three weeks since making the tof
reoeipta sinoe the 1st of September. 1886, 816,779 bales, agaiiii
;

«ame period of 1885,
1886, of 41.947 bales.

898,786 bales for the

September

1.

showing a decrei^

JbK.
SalTcslaB

7,005

4,S33

W«L

riM*.

We
i

WC6IL, bUvr •—1^_^

Shipboard, not eteartt—for

Piwing is pi|
'
from 52 to

SmoOriP"

week,

thermfa'.";

fkmn.

3338

8,487

la addition to above exports, our tele^crams co-night also give
08 the following amountB of cotton on shipboard, not cleared,
add similar fi^iree for New York,
at the ports named.
'7hich are prepared for our special use by Meesrs. Carey, Yale
Scrnet.
24
Beaver
S^ Lomben,

'^1^
'it'

461

Qjiau'.

53391 T3,9^"

5,019

...

.*••

«ev

Ortsaas...

10,U4 ie.030

8.7i'8

MoMft

8,794 10.S47

7,720

9323

384

350

703

2,977

1,939

7,ai»

8,405

7,70«

5,978

3,703

8374

9351

1,409

1,307

1373

1,001

5.085
1.109

4.«5t
1,300

4.793

5.086

....

800

81

31

•0
19

Vtartda

araanak
BninsWk.*e.

5300

Ft B«ral.te.
Wnwlaffnn

1.869

WcstPDiiiMko
York
Boalaa
Battlmora
miadelp-a. Ac

•w

....

a,7»5
3,2S8

1340

1,194

89.S30

19

580

580

7,968

085
80

08^
339

aa^u 43330I 44308 8S.48I; 40313 S0,l4'i 330.288
For oompanaoB, we ctre the foUowtng tthteshowinx the week 'g

XMalsthlawaA

vaesipts, the total sinoe 80f>t.l, 1686, and the stookto-nighi
tb« same iteas for the corfeiponitin« periods of last y^r|
1885.

laoo.

Jhim»rii»
<M. 15.

nf

mmmm^.

fltto

moeic

1

mmm»9-

19M

1805

1880.

Wmk.

184,447

40.713

103,947

109345

40318

05,097
21354 8.00T
8.903
1,969
190378 88337'

<]ks»lii»i«>n ..

1.194
98,830

4301
878
109300 81381

188.198

573«3

FUhqr>l.Aa

580

1.997

9«

M71

WItairtBKtaa.

7308

33314

7394

S8.94S

909
17311

irft«adajk«
VorfDtk
WJ\>(at.*a.
York...

897

488

449

038

06330 33311
19300 19.710
1304

78.310
47,789
lis

93.SS0
03->«
90,758

4377
9.713

7,831
4.223

440.738

439,900

Wttk.

1.

1.

USA.

r.it^

i'>'»4

..

.

Kattmatcd-taleKraio not received.

;

103

54

"Total 1880

46.313

1350

..•>

M

IM.Vorla.

The Bireau reporc made public last Saturday, tboug;h somewhat vari»u-ly construed, caused a quick rise of S(^ 10 points
337
337 in futurve at tliis market, which was a* quicklv 1 mc when it
8,704 36.375 was seen that Liverpool did not respond; and Tuwday closed
Wednesday, how9,458 12,001 at about tlie lowest prices of the week.
100
450 ever, developed fresh strength, ia the face of a weak opening
toe firmer feeling was aided by the near
53
810 at Liverpool

...

MorskdCAe.
srtDlk

1.040'

1,049
7.2^3
1.194
4.005

8,791

.*..

Ohartastoo

02,3j«
7,75S

approach uf the season when severe weather is to be expected,
the report that a heavy storm was on the Oulf of Mexico
moving northward, and the spproach of a "cold wave" from
the Northwest toward the c Jtton belt. The Oulf storm did
a good deal of injury on the coasts of Texas and LouiHiana,
but does not appear to have extended inland far enough to
Yestenlay a better Liverpool
hurt the maluriog ontton crop.
report caused an early advance, and tne Bull party made xoma
show of reviving o >nddenc«, but under the report of a heavy
failure in M mchester, valuer were again unsettled.
To-day
an early aHvance on a further improvement at Liverpool waa
soon lust under the return of no<> weather at the Soutli, but
the close was drm at a small advance oa last Friday's hgures.
Cotton on the spot was dull and drooping early in thn week,
and on Monday quota>ionH were ivducMl l-16c. Yt*<«terd:iy the
high gra-les and "low middling" were reduced 1-16>-.,' and
the low grades Uc, while "mi'ldlmg" was unchanged.
To-day the market waa steady but quiet at 9 6;lGc fur uudI

OalTcatoo...

83.973

UtarmctmMo
llsMle

178.300

7.738
I.0i9

norlda
.

B(^w^*«

aw

3637^
191001

Bwtoa

450
110

BalUaof*...

«8ft

FUladeCa^e

839

ttm

03.429

SM69

78370
•341

9O7.900

93,<Ma

04.544
10.9.3
3
81.720

781

avOrlMua. 03334
avaaaah.

74380

980.884

•3M

•.*.

.

831 i

013

>>••.

13911
1,830

839
55

494
780
99i

810.779 331.491

658,730

dliog uplands.

.

,

forward delivery for the week are 516,800
For immediate delivery the total sales foot up this week
17,007 8,038 bales, IncludinK 600 for export. 2.4i)3 for consumption,
for speculation ^nd
...
in transit. Of the above. 200 bales
85.062 were to amye. The following are the offidal quotations for
180 mob dajr of the past week.
..

ealvwCsAei

89375
09334

•wOttoaaa
MoMte
SavaoDah

1885.

7.758
...

40318

Ckart'sCn.Aa

80,410

WUa-sfa,k«
•rtolk

8395
8«373

W.Pala»,*a.

19301

knethan

8387

..

U94.

1888.

0310

40.719

99,710

00337
8307
88387
81390
8343

01309

33.011
12.710
3,148

19.190
44.453

87364
8348
85353
14380
8.491

1889.

84358
SO3OO
19.7M

88.005
•1.999

15310

WBmtugtnm

l

810.779 859,73«| 878.M8

antnOai

o

tab
OrdUi'T.«» 0%
4tnot OrA
7»|«
»uod om.. 8^
(JM. 15.

18.364
49.390
8,041

40.790
83.119

47,938
81,198
7,000

rair

ll>.«

9321
83341
13.099

83313
11300

8380

7315

971.141

995,905

SBtstOlS..

6,092
93,972
19,661
10,il4

fSmpiA..

088,174

fV» **(. I. ISHS, I* Oct. IS,

18W.

tUal
TMoi.

WHk.
i43M
•.IM

7's

7m

7H

8>ii
8>;

81,.
»>t

8*1.

^^»r.

04r.w^/iu
LOTrmod'c
Otr.L'wifid

H3*0

T.ite

S,4«0

M04

akVaa

31

IMST

s.«Ta

ll3tn

Mifln

IM,fM

tie^as

moit ujvm

w.ftM i«8.7ia

Mi7

Mn

MM
w3n

01..
0*l«

10%

10%
i.>4

10389

7»n

8%

8>l|8

ltS.608

U.7AS
11,08

4S3U

M.IM

Mi.ae8

aa/tot

ina.TIMI

163.487

«!•'«

8%

S's

8»lt 8>*i« U>l«

8

0Hl
9»1«

0*1

94«

9H,

OTAnrsD.
91b.

9'i

8"n
01,i

0»"

94«
0>s

0*i«

0it„ 9^8

10<»„
il»(.

0''«

li.«„ 10*11
10»i, io*i«
lis,.

lOH
Il>4

"»1f

vn. We4 Tk. WrU
6H o\ O^ii 0\
eh
7»„ 7*1. 7»i« '»i« 7*i«
8>«
SM hV 818
8>s

«'4«

9%

7»"«

Til.

7

OH

e'>s

7»,«
8««
81>|(
0>1«

10»„ lOi*

|10»,.
11

71»i»

OoedOrdliuuT
Ocrlot Oood Onllnarr
L.IW MlddUng

8»M

8»|«

8>>|,

3»1«

8>ls
"

9*1*
91.
9'>I«

9*i«
9>t
91*18
10 1«

0>i,l

9*ia

0»i«

10 >•

im im

at. HIoD Toe* We« Tk.
0>«
6%
8>i
0>s
7*,.

7*18
'1"

8

Mirtdllmr

ARKKT

8

8%

I

8

a\

7»u

Vrl.

6%

7>i«

8

7-'8

7'e

8»

a\

8%

4jn> 8AI4B8.

The total oalea and future deliverieo each day during tbo
week are indicated in the following statemen t. For tne oonrentoBco of the reader we also add a column which shows at a
gianoe bow the market closed on saiqe days.
SrOT HABXBT

48.4M
103:8
•,T»t

•3I0

e«i«
7
7l»,.

8ll|.

04.

6''8

7%
H»|«
8^
0>a
8%

im

Wad

rM

port,

QniMat>iadeo..
Eaar
Btewlr

iiMdy at rev.qao
laadjr

rotaL

or SPOT amd rtikMux.
OMo- tmnr _. ,

\OM9-

Oon-

Doll
Coaa.

•,mi
fl,US

9>i<>

O"*
0»i.
91*1, gT,
10<.
10*1.

8Ai.as

IMPi
14jrM

HH
0>s

10

gts:.

6\
HH

'*•

«i»„

MMdNnc
94
9'i
0«l«
0''8
SoodlSd.. 9li|<
0'»1. 01*1. l^
0I4» 914,. loa,. lOifl 10>« 10*i« 10 >«
atr 9'dlUd 10
10>*
10»,, lO's
fldd'f rair 10^ ilO»ji 10»,, 10»i, lO"*
lOii,. luili.lia,,
rair
It
ll>a
n>i«

«7,7i7

I0,7M

.IM

.

Mm

0^

7's

4300
54,780

OBLBAKB.
TBXA8.
>•• Taea tat.
T«ea
7»,,
8I«
8li|«

»H

11

11

OUMBD.
•319

8>
9t

8''«

0%

e»i.

8tl,170

1

on,. 0II„I

WeO Tk. rn. w»*

fk'dOttr.Aa.; Was»Pata(lMtadMa^%|]it.A.

IMM

WmM.

Oil,.

Str.O'dKId 10" 1, 10
Midd'sFklr 10'l« lOH

33307

for the week ending ttua ereaing leaoh a total
Of I86,7(M bales, of which 90,977 were to OteatBritaln, 20,505
to rranoe and a6,a» to the rsat of the OootiiMot. Below are
Iha ezporta for tha waak and sInoe September 1. 1886.
Oct. 13.

0H
9%

OoodMld..

!• tm*

I

The esporta

rM4 BmM mt

:

8>»i«
9*.«

atr.L-w Mid
tflddllu...

1881.

V

UPLkHIW.

Oct 9lo

O'd Or*
we •tr.
Low MIdd's

iM.thiswntH 930388 931,491 913389 857370 849339 192331

...a.rt.1.

—

—

01,743

;

1900.

total sales for

Bales.

la ofdor that eom panaon may oe made with other jemn.
for six
fira below the totals at leadiog porta
I
JUoaipfao^

The

50.432

....
....
....'•

....

400
200

tump
164
404
380
489
336
394

600 2.433

dallj dallvenea iclveo »H>ve ar« aotoaUr
fraviwu to tliat on wblon tbey ant reporMd.

Ths

154 131.900
02.100
78,000
92,900
60,700

800
100

8.033 .M 6.300' 1,80
Oeilvorwl

Thb Salbs and Paion or Futobu are shown by

g comprehensive

000

4541 70.81K)

380
480
756
704

Uk*

day

the foUow-

table.

/

THE CHRONICLE.

462

mi

g s|
I
s 3?.
|2g|
f5g|
?
ff**0. &*»
p
o An
SE «a»r'
s

T'.S

•3

?l

,ki

44

(fr
<5

$9

din
Ero*8>

IS?

s
|i

I

iS

9

O

t2

•5)

a teok It Liverpool
•toeklt (/)ndon

»

:
'

°

22,00J

«*»-V

iit

iiHiiiburg
Kiv.uien

The Duluth ,^At
Bee*

at

Amsterdam

at

»^
•

^toe't.,Ht

330.000
1,400
17,000
12,000

long,

1884.

4^7,000
tiO.OOO

1883.
506,000
41,000

334.000

553,000
4,500
41,400
37,000

547,OfO
2,500
34.800
27,000

3,500
33.400
28,000

300
900

400

8C0

L.-iOO

^""katTrieste

2,0C0
113,000
3.000
38,000
9,000
8.000

1,800
IGH.OOO
0,000
34,000
10,000
9,000

5.800
102,000
7.000
3«,000
8,000
10,000

*^fe! Continental stocks

204,600

23i'.,300

310,500

23(?,6C0

620,300
38,000
228,000
13,000
459,990

863.500
76,000
233,000
18,000
463.141

78.1,600

9.i,3S4

77,0' 8

16%472

10,211

19,500

16,000

atRottfli-dam

Antwerp

Duluth vjnlfatHavre
"'^
River,

1885.

362,000
22,000

108,000
O.OOO
35,000
10,000
la.OOO

intended

-to

1886.
S'.e.OOO

bales

T^ta; (treat Britain stock.

ill? §*?

e;

J'r

'^

XLUI.

[Vol.

at MarseiUoB
Berte at Barcelona
_:„^t at Genoa

_i Total European stocks
artla cotton alloat for Europe,
h^icr'n cott'n afloat for Eur'pe
S?ypt,Brazll,*i!.,at!t for E'r'pe
Stock Id United States porta ..
Stuuk In U. 8. interior towns..
Oulted States exports to-day..

105,000
209,000
33,000
632,819

1,468.157 1,470,808 1,740,149 1.914,921
Total visible supply
Of tae above, the totals of American and other desorlptlomi are as follow
(ijnerican—
265,000 277,000
Liverpool stock
233,000
bales IfO.OOO
128,0C0
141,0C0
9<),000
141,000
Uo.itlnental atooks
233,000 209.000
1.28.000
Jlmerlcau alloat for Europe... 270,000
4.i3,14l
632,819
Ualted States stock
449,738 4^9.990
16.i,472
77,C08
119,-19
95,364
IT-iitedStntes Interior stocks..
16,0t0
19,5C0
10,214
DalMxl States exports to^Jay.19,000

X

Total Aniorlcan
.St

Jndian, Branl,

1,107,557 1,176,568 1,191,619 1,428,321

—

<tc.

L,vurpoolBt.)ok

toudonstock
Oomlnental stocks
tudla afloat lor tOurope
Eicypt, Brazil, &0., afloat
Total East India, <tc
Cotal Anierioau

163,000
22,000
105,600
40,000
27,000

129,000
22.000
02,300
38.000
13,000

222,000
f6,000

229,000
41,000

16fi..=iOO

11-8,600

76.000
18,000

105,000
33,000

3G0.6OO

291,300

51S,500

516,600

1,107,557 1,176,568 l,lMl,6i9 1,428,321

1,168,157 1,170.368 1,740.149 1,914,921

Total visible supply
Mid. Upl., IJver»)ool

Pi-lop

erlceMid.Upl.,

o^\.

5'i6d.
9i3it0.

.'.3,ed.

New York....

QSiec.

9i6j,,o.

5>o,ed.
lOSigc.

^- The imports into Continental ports this week have been
11.000 bales.

figures indicate an increase in the cotton in sight
of 3,711 bales as compared with the same date of
1885, a deurease of 271,992 bales aa compared with the corresponding date of 1S84 and a decreane of 476,704 bales as
OJiiipared with 1883.
Ar TBE INTKHIOB TOWNS the movement that is the receipts
f o the week and since Sept. 1, the ehipments for the week, and
the stocks to-night, and the same items for the corresponding
is set out in detail in the following statement.
ptiriod of 1886

The above

so-night

—

—

o!?S;=*?^S

E

2.

'

>

1

i;^

;

1

_-1

£

e-r=-o

= = - =

2;-'

='

=

s^

?£-"-

5.C

H

Ig.

:

O

CO
w
p Vj
cp
c
-)

03
t-*

w M oi

C O oo —

»*» :j"

to
CO*-*

CM
0> OS
O OD X Oi U> W

"bo: '** W Oi
to
rf^

Oi

«-

w

ic

O Oj M

Cf:

M

*•

;

ot'OoeO'^^oi

OMCO
00 QD*W
H« C5

«C^

»-

1

^p'^-'^'-'Mas;

m C3 1* tc c? cc oo
c Ci w c .x <o

(£•

iP.

to 10 to CD

o— w

'-'

WW

--i

(Crf>'-5

0:i^-)

coMtocoectOiC»t»;;i*'-'KDa»it-«03s-J
Ot O' -^

O tC <1

it-

tC Ct 0<

C CO K3 -

MM

w
CM
^CZJO'hS^loVtfcioCO'O',
pp
rf*'^^

WW

to

iSk

J

:0 "-

1^:.

OC "^

CDCflcootJOcxc;'— coccoi^coacixif»>o

MCn

Includes sales In September, 188G, for September, 42,900.
We have Inolnaed In tlie above table, and shaU oontlnne
weektOKlve.theaveraee price of fntnres eaob day for each montbeach
it
will be found under eachday following tbe abbreviation "
Aver " The
average for eaoli montli for the week la also given at bottom of table.

'x.

c;»ciytM((-csK>«'ic to;

cstn

rf*

kVj »
M
—M
*
-

C X W CC

J©
h-

0? CD CO -^l 00
c;i
to
to CO

*

w w Ci"io o Ci 00^ Qo

)**

at

CD

"cjo oc%^ *-- Vj'h- c;»

C i" Oi — to c
o M OD ;o o

tc

*k jc

OiWCO»-tOCO

p:

K CD — M yi ^_:£)
— C0b«'^lx'^

CO*--l"^

CC<X!»-'-J'^CGDO — COtf-COMOOf-OOOlW-vJ

ocS

^r

O

CO

1^
to

Ci M *J oo
O X — OD X
cfl

'fi
I--

ecococctor-

Oit^t^fO^to
toc;^OM<io*— cbrf>>"c?;cto'*A->-«'i^to

:2*-'^10-J0*J***» CC. toe A oi :s •- CO to
go>^coc^c^v<^toou.i^f-'0:ccototoccao
u.

;
I

I

TransferaWe Orders—Saturdar, 9-150.; Monday 9-03o.;
D-050.: Wednesday, 905o.; Thursday, 9-10o.; Friday, 910c.

The

follovring

Tuesday
'"'""^'^^'

exchanges have been made during the week:

OS pd. to exch. 300 Feb. for Mar.
•()6 pd. to excb. 200 Oct. for Auk.
•iO pd. to excU. 100 Jau. for June.

I

|

Ml pd. to exch. 100 Jan. for Juno
S3 pd. to excli. 3..')00 Nov. for Aiir
-JS pd. to exch. auo Dec. for Jau.

M
o

to
'

'
"

The Visible Supply of Cotton to-night, as made up by cable
is as foUows.
The Continental stocks, as weU as

Bnd telegraph,

those for Great Britain and the afloat, are this week's returne
nndconsequently all the European figures are brought down
t3. Thursday evening.
But to mahe the totals the comnlet^
figures for to-mght (Oct. 15), we add the item of
exports frcni
ttie Umtea States, including in it the exnorts
of Friday only

-WM

!

M

CO
to

<J
n.
00

'

to

MM

Vj.obD--030'

ccococjcto;

c>o*-c»*-.

OS

i-'y *

^ M
:

*'

CO

W (0 CO

CJ>

*.
I

c;'XtcaDKj'-sj<i3i

'

to

'

X CO C£ -^ to O

-vl

^1
a

This year's figures estimated.

totals show rhat the old interior stocks have
increase Cdnripe the week 27,765 bales and are to-night 24,455
The receipts at
bsules mure than at the same period last year.
the same towns have been 13,303 bales more than the same
since
September
receipts
year,
and
1
the
at all the
week last
towns are 15,346 bales inoi-e than for the same time in 1885.

The above

—

Quotations for Middung Cotton at Other Marketp.
we give the closing quotations of middling

in the table below

October

THE CHEONICLE.

IG, 1886.]

oottoa at Soathem and other priocipal cotton markets for each
day of the past week.

VMc

OLOaCCO qCOf AnO»8 fob MIDDLtHO OOTTO^t

twline

Oct

19.

QalTeatoB

ruM.

Balm.

HoMIc

8%

BaTaonah...

8»,(

Oharlestoii.
WUttaD.(toa..

8«i
b^B

.

nkurt.

*W.

8'ii

ST.
8 •'9
8<t
8°B

6'b

r4'

8'«

nBaSi
- ,

8«B

»'•

—

fcll

BT„

P>8
9>«
83^

8*#1..

14

8%

8^

8\

Morfotk

''^

8\

8*

8^a

8'«
Bi*

fl««

—
—

•

f4"

B".
Si
Eeckhts fbou tuk Plastatioss.—The foUowin^t table
fakdkatcfl the actual movement each week from the plantationa,
The fii^uree do not include overland receipts nor

imlnm».'::.

8>*

B««

Soattiem conauiuption; tbey are simply a statement of the
weekly moTemeut from the plantations of that part of the crop
iriiicli floaliy rearhen the market throiU(h the oatports.

a—m*<atluPorU. a'ka(/a(«r<arIkHW.Ito>U/R>«Pi(M(iu
1«M.

UHA.

I

:

1W&

MM.

I

twa.

I

MM.

UN.

UM.

i

<

lt)M.

4>'T9T «l.tS7 SI.IM 4T.01»

•a *iA*r H.I33 ?3,a»)
14 1M.MI M(,«l IU4 S

'<V4;iM4W
.

rs

l1»,0K}i:70.S>S

MaM4 tla.O|uitM.< H7

.,..-aStlM>»HBi) l«W «x^ 15
.

1

i.

were

2:i0.2&j iui:.

:

S88,56n Dales,

una coial r»>»ipM from
are 913.571 bales-

1S98.

.

wereM8,9^7

bales.

it the oatports the past week
uiovement from plantations wai

thfiing to incr.-aae the stocks at
tiw iatecter towm. uvn ri-ar the receipts from the plantationi
for th« Mune week were leO.OS balaa and for 18M they wct«

1M.835

;.;

faal«*.

Amoust or Canon m Siobt Oct. 15.—In the uble belov
«•>!• the receipts from pUntatioas in another form, and a<1d

to Mam the net overland morement to Oct. 1, and also th»
tiWngi In-Soathem spinnen to the aame date, ao as to givt
abstantiallr the amount of cotton nam in aii^t.

laM.

18«4.

18 da

87i.at8

971.UI

75.433

Ii3.8l4

I

lattksporuuiOr. 1 «.
StMka nil i> [. li l;i
asewsattk;'

81«,7T»r 8S$.7M

r

Vst.

rMdpu rr.

05.792,

.'tnf

BIZ-.^TI'

BsalkstaesasauBta'a to oet 1

ts.ouo

Itot

erwlaad

to Out.

Total ta slt«t

mthATH
Oct.l.n

•

I

OeL 19

103.282

9«t.0O6
MrBlul

»ai.30«I.riI,Bt8

snlnBrr*' I*klnv>

B4<.«t7 1.121.055
12.aBl|

IMJIS

1M.00U

SOOijO

B«9,07j 1.174.190

tu'

1^8. '^)^' 221.78 2
174.3t3 1M.73I
iliat tbe ilecmuM la nuiouut In >lKkt
•• Oi»iii>«i '•! «i,u iMi jear. la 4B.7tJ bal— . llM ileerMae
witb IS>« I* 34,972 baUa and the dMrSM* troai 1883

Wkatbkb Ksroni bt Tfi.iwani.—Our

reports by teleItraph to-night indicate that there baa been a contiouation of
rery favorable picking weather in almost all sections of the

South during the week.

The crop

being marketed freely.
QalvtsUiin, Ttxa$. It ttas rained on two da>8 of the week,
tha rainfall raactting one inch and forty-nioe hundredths.
Storm on Tuecday with high tide but no serioas damage don^.
is

—

It is reporte<l

that

»»*y vitb kss
•Tciagcd

SaUoe

Ptia«

irreat

—

&''9

8^8

8>ii

made good progress, but citerpill.irs have done
damage. The thermometer has averaged 75, the highest being 90 and the lowest 62.
Bellon, TexoM. There has been one shower during the
week, the rainfall reaching six hundredths of an inch. The
thermometer has averaged 72, ranging from 51 to 91.
Wtatherford, Texas. We have had one shower during the
week, the rainfall reiching twenty-one hundrelths of an inch.
Pick ins is progressing finely. The thermometer haj ranged
from 52 to 87, averaging li.
New Orleans, Louisiana. It has rained on one dny of the
week, the rainfall reaching nine hundrelths of an inch. Tae
thermometer has averaged 76.
S'lrecepnrt, LouUana. Telegram not received.
Columbus, Mitsisstppi. We have had one light shower
during the week, the rauifall reaching; four hundr^ths of an
inch. Picking is progressing finely, and will be virtually finished by the 15th proximo. The thermometer has averaged
67, ranging from 50 to 80.
Leland, Mi-isissippl.—TAt^rtajn not received.
lAMa Book, Arkansas, Telegram not received.
Helena, Arkansas. We have had slow rain with high
wind on one day, and the remainder of the weeK has been
pleasant. The rainfall reached s«venty-one hundredths of an
inch. Picking and marketing make good progress. The
thermometer has averaged 70, ranging from 56 to 81.
Memphis, 7'enn4ss9e.—lt his ntinod on two days of the
week, the rainfall reaching fifty-two hundredths of an inch.
Picking and marketing progress finely. The thermometer has
ranged from'55 to 8 >, averaging 70.
HashvilU, TVnnassee.— We nave had rain on two days of
the week, the rainfall reaching forty-seven hundredths of an
inch. Average thermometer 68, highest 81, lowe.-t 48.
Afobite, Alabama. It has been showery on one day of the
week, the rainfall reaching twelve hundredths of an inch.
Oood progrt-ea is being matte with picking. The thermometer
has averaged 73, the highest being 88 and the lowest 00.
Selma, Alabama.— The weather has been waim and dry
The thermometer has averaged 73, tanging
all the week.
from 58 to 8o.
Montgomery, Alabama. The weather has been warm and
dry all the week with the exception of one inappreciable
sprinkle.
The dust and drought are almost intolerable,
and wells and streams in the interior are giving out. Picking
and marketing make good progre»8. The thermometer has
range<l from 53 to 88, averaging 73.
ureciable
Auburn, AlabAma. There has been
amount of rain on one day of the week. Pt
marketing progreM finely. Average thermometer ,. ,, ...^hest 86
and lowest 55-5.
Birmingham, Alabama —The weather has been warm and
dry all the week, and picking and marketing have made good
Picking ha?

—

Wednu.

...

Mewcmaww.

ON-

—

—

—

progroM.

—

—

—

—

—

iiaved, will cut o<T late cotton considerably. The thermometer
hs««*erfted 67, the highest being 86 and the lowest 4'!.

ran^^i

TO.

—
,-

I

Xhe UiiTOJometer has

averii:.-<

'I

'!

,

:

r-orgia.—Thet^ has been no rain all t'le week.
dvely dry. The thermometer has averaged 70,
'il

.

to

8-5.

Albany, Ueorgia.—U has ra!ne<l lightly on one day of the
week, the rninfiili reaching thirty-eight hundredths of an
inch. The crop will be »liort here. The thermometer haa.
ranged from 51 to HH, averaging 75.
Vharleslon, South Carolina.— There hns been ro rain all
the week. Average thermometer 70, highest 81 uiul lowest 59.
Stateburg, South Carottna.— An inapprcciiihli? amount of
rain fell on Thursday. About two-thirds of the crop h8s beea
picked.
The thermometer has averaged C8'7, the bighesti
t)eii'

<

he lowest 53.
ith

I'l

Cafollna.—Telegram not

OeM4,'86.
reel.

Jew Orleans*
IfeniphU..,.
'

'

'

'

T).
t

l'«

k^bMtOI,

'1

iloviy.

Average taermoaieter
'i
1

,,ne
'of

Vt,

dny of fho
an inrl).

receiveJ.

Trie [..Mowing statement we have also received by i.V graph,
rivers at the points nametf at a .? <}lock
Oct. 11, 1886. and Oct. 15. 1885.

showing tbellMghtof the

man

ui

Ineh.

Ocl. 16, 'US.
tent.

lne^

..At>ov«Inw-<r»terninrk.

U

O

1«

1

..Abi>vf> liiw-n«ter lutu-k.

6

7

O

1

I

!ii.*rk.

1

8
a

iiiiirk.

4

ti

I

•J

Al>oveIuv*-w«t«r-u>urk.

4

.5

10

2

l>»«hvIll*».„....,,,,..AlMiv« lnw-WHt*»r
I'lrovepurt...
Almvo 1"W w.iler

nickiofc

'

;

Madison, Florida. It h'>s rained on tlirfe days of the
week, the rainfall reaching sixtv-three hunJrediln of an inch
The thermometer has averaged ^3, ranging from 6'J to 81.
Maoon, tfeorgia, It has rained lightly on one day of the
week. Planters are marketing their crop freely.
Columbiu, tieorgia. We have had one light drizzle during the week. About two-thirds of the crop has Lcen picked.
The thermometer has ranged from 56 to 82, aver.iging 74.
Havannah, Georgia. It has rained on three days, very
lightly on two, and the remainder of the week has Ijeen pleasant.
The rainfall rtacbcd sixty humlredtlis of an inch. Average thermometer 71, highest 81 and lowtst 57.
Augusta, Georgia. We have had one shower, and the
belance of the week has been pleasant. The rainfall reached
one hundredth of an uicb. Planting and marketing make
good progress. The recent drought, it is very generally b^

Aftf"!'was submerged and swept
Tha tbrrmometer has Wi

J'oU»Un», TVxojr.— We have had rain on one day of ihe
week, the rainf.ll reaching fifty-one huDdrodths of an inch.
The thrrmcmetfr has average<V71, rangmg from 60 to S2.
fhtnUviUe, r«xa«.— We have had no tain all the week.
Picking is progrpssing finely. Tlie thermometer has ranged
from 65 to 03, averaging 78.
Dalttu, Texa*.—\x, has rained hard on two days of the week,
the rainfall reaching one inch and sewnty hundredths. Average tbermcmeter 73, highest 86 and lowest 59.
Antiin, Tunx. We have had showers on two dsrs of the
.,i,i„\ .i,,,....r
w»«ir li... rr,.,fnr
••THdredthsof an inch.
P''
rmometer has aver•«
<t 54.
i
no dny of tlipw<rk
an
tin-.'
iiifall rpa'-hp

—

—

of ov«r Ofly lives.

in<

463

"l^nrtod alKitn li>w-«aier mark, Uuteod ol below
to October 30. 1B85.

li!i;U

watn

j.rii.r

iHDli CoTTOr* MOVKJJK.VT FROM ALL POBTB.—TilO receipts
ghipmrnta of cotton at IJoml)ay have been an followg for
the woflc and year, bringing the ligures dowu to Vvt, H,

md

r

THE CHRONICLE.

464

BOMBAr BBOBirra and sripmbsts fob rouB tbabs.

gMpmeaU

thii

T*ar Sreat OontiBrU'n. nenl.

week

aMpmentt

Great
Total. Britain

SiTieeJan.

Oontinent.

general latennxs of the crop, early frost Is referred to as a very decided
In the probable ou'conie. FoUowlni; is tlie conditi n of the

element
crop by

Beeeipt:

I.

Thi*
Week.

Total

Stiites at tlie clow of Sejitomljer: VlrKlniii, eto.. 81; Vorth
Carolina. 8-'; Sonlh Carolina, 77; QeoFKia. 8:i; Florida. m5; A abama,
fO; TnnncJiset\ 95; ArkansiiH. 92; Mississiiipl. 84; Louisiana, 81; Texas,
90. TUe average for the belt la 844; average last year, 87-ft; average
year befure last. 75."

Tear.

1886 2,000 2.000 4,000 32 1.000'«72,OOC. 993.000 6,000 1,414.000
1885
680.000 4.000 I.OOi.Oua
1,000 l.OOII 319.000 1«7.000
1884 2.6bVi 1,000 3,000 .500,000 I131.00O 1.131.000 H.OOO l.-'iOl.OOii
18R3 4.< 0" .. .1 4.00(1 452.000 iOi.OOO 1.2.V5.000 11,000 1,581,000

—

Agricultukal Department's Report. Below will be found
the full text of tho Agricultural Departcnent's report on cotton
for Oct. 1
The cotton season has been too variable In tf^mperature and precipitation for the best deveNtpnient and largext friiltagr. It was too dry In
September on the At anlie coast, resiiltiuft iu further shcddint; of bolle.
The boll worm haa wrought local injury lu the Gulf Slates, a (1 the caterpillar lu a leas deiiree
The weathei lias been compirati»ely favorable
for i>ieklrpe, except for excessive heat and for rains In the MlKeisslppl
Valley ami Texas. The senson Is late, and the risks of early f ost are
th'Tefoio greater than iisiml, and liable to discount the pn sen' apparent condition. In OeotRia and Alabama condition is reported the
same as last month. Tennessee mikes a slight improvement. The Caroliiias. MisM.tslppi. Louisiana. Texas and ArK^nsaa show a small reduotion. The averages are
Virginia, 72; No th Carolina, 75; South (;aro-

According to the foreROlng, Bombay appears to bdow an
innrease compared with last year in the week's receipts of
S,OOC bales, and an inorea->e in shipments of 3,000 bales, at d
shipments since January 1 shew an increase of 307,000 baits,
The movement at Calcutta, Madras and other India ports f oi
the last reported week and since the 1st of January, for two
years, has been as follows.
"Other ports" cover Ceylon,
Tuticorin, Kurrachee

i

and Coconeida.

aKijymentt for (Ae week.

Skipment* line* January

(Vol. XUil.

i

:

Georgia. HI; Florida, 85; Alab.ima, 8n; Mississippi, 79; Louisiana. 79; Texas 74; A'kallsa^. 8' Tennessee, 'Hi. The avenge ondltion
is now 79'3. against 82 last month and 78 in Oi'.tob«r of last yexr.
It
six points l>el'>w the October average of the crop of 1S7K. I.«cal estimates of yield per acre In fractions of a bale are made by correspondents, siibjet to the vicissitudes of the late'' sea8(m and esi>eciallv the
lateness of killing frost. They must not, therefore, be cited as ollloial
predictions of the result of the harvest.
The 8 ate avenges are as
follows: Virtrinia, '^2; North Carolina, 37; South Carolina. 31; Georgia,
3(i; Florida, i7; Alabama, 29; MissUsijipi, 4 ; Louisima 49; Texas, 3;
Arkansas, 5.'; Tennessee. 35; general average. 36 As a suinmary of
the situaiion, rho iverane of conditions is a point lili»her than la-t year,
the area is I per cent. m'>re. and the season is lat ir. The diffrtrenco
between a long and short season may easily be a half million b.iles.
llna, 74;

ereat

Oreat

Continent.

Britain.

Total.

;

Tola

Continent.

BHtain.

U

OUoactk—
18S6
1885

..

HldTM—
1886

3,000
1,000

ISS.".

3,000
1,000

00,000
59,000

37,000
18,000

97,OCC

31,000
10,000

3,000

34,001.

64.000
53,000

47.000
67,OU0

111,000

155,000

87.000
75,000

242,000
197,000

77,00*.'

10,000

All ol hers—

1886
1885

4,000
Z.OOU

1,000
8,000

1886

7.000

ISS.")

3.0) Mt

1,000
B.COO

Total all-

5,000
10,000
*

8,000
ll.O'O

122.0<

iio.ooi^

—

Alexandria Reoetpts and Shipments. Through arrauK-ments we have made with Messrs. Da vies, Benachi & Co.. (if
Liverpool and Alexandria, we now receive a weekly cable ijf
the movements of cotton at Alexandria, Egypt. ThefoUowiiii
a':* the receipts and shipments for the past week and for ti.
Cdrreeponding week of the previous two years.
AlecuTuiriu, hjyptf

1886

Oct. 13.

Beoelpta (oantars*)—
TlilB

week

Since Sept. 1

90,000
172,000
Tkir
Hinci
week. Sept. 1.

,000

100,000

188,000

Iti3,0i0

9,-

TMt

ditiet

week. Bept.

1.

TMt
week

HiHep:

.

Exports (bales)—

lo Liverpool...
lo Continent

—

Total Europe
•

..

reports:

7,000
1,000

16,000

.6,000

4,'.u0

1,00(1

11,000
3,000

7,000
1,000

13,OC0
3,oOO

8.000

20.000

7,000

14,000

8,000

16,000

A oantar Is 98 lbs.

Cotton Movements and Fluctuations, 1881-1888, by
Latham, Alexander & Co., New York. The thirteenth
annual volume of Latham, Alexander & Co.'s " Cotton Movement and Fluctuations" wQl, we understand, be ready for
delivery the coming Monday or Tuesday. We have received
an unfinished copy, and after examination have no hesitancy

—

tn saying that it is not only the most attractive, but the best
and most useful cotton book issued in any country. This firm

appear to reach out in every direction to secure material for
the purpose of making their work attractive. This year,
among the new things, they give a capital picture of Ott
the
distinguished
Trumpler,
cotton
statistician,
with
a sketch of his life by Thomas Ellison. Thomas
has
also
written expressly
Ellison
for this volume
an account of the cotton trade of Egypt, which contains just the information so many in the trade are eager to
Besides these and other novelties, none of the usual
and reports given in previous volumes are omitted, but all are brought down to the latest dates.
For twelve
years now this reference book has been issued for the special
benefit of Messrs. Latham, Alexander & Co.'s friends and pat-

get.

fact?, figures

(0
00

States.

a,

X
(C

r-i

iH

en
oc

6o
00

00
00

,-(

ri

7
74

77
79

7l

So. Carolina.

80

«9
C7

Georgia

81

87

7:'

6(i

81

81
7i

67

8

7'<

No. Carolina

87

8s
11
H5 9ij 9./ 93
87 lOd 102 100
84

77
6;
7..

7,

85

75 84
68

66

Average

.

>

79-:!

70
74

78 74-7

77 ~84
»2 83
77 87
80 8l
79 91
85 S-^
80 83
6S 103

93

86
VO

7

.

8J
668

00

(-9

79 77
74 78

Mississiitpi

•

£

85

Arkansas ...
Tennessee ..

8(

QD

3g

09
86
82
88

Loui.«iaua...
I'exas

8.-

....

Alabama

<5

i>
x>

wi

6S
73
82
75
68
75
60
50
58

Florida

1884.

1885.

That the reader may have for comparison the condition,
according to the Agacultural Department, for October 1 of
previous years, we give the following, collated from its

bv

82

65 100
9.-i

88

88
83
85
75

70

81

7:i

77
88
88
80

84
80
88
8o

1-

00

H

^5

83
77 SO
80

71

81
94 75
96 74
90 62
91
8k 70
8* I03 55
71 90 56
7i)

7i>

83
82

90 83-6 S2-7

8S

72

above report that the Department also
gives the average yield of each State per acre. It adds, however, that these averages must not be cited a.s official predictions of the result of the harvest, and yet as our r^-aders will
be interested to know what they indicate, we have worked out
thf> results on the Department's acreage figures and give them
It will noticed in the

below:
Fraclions of

a

Stales.

Balei.

hale

per acre.
•32
•37
•31

Virginia

North

I'ftrollna,

Sout h Carolina

Georgia
Florida

Alabama
Mississlpp

Luuiclaua

Texas
Arkansas
Tennessee
All others

48,3.i0

1.-..475

1,081,710

400, '33
542,481

l,74!l,040

9i'4,803

•30
•27
•29
•40
•49
•37
•52
•35
•36

3,016,010
231,890
2.794,430
2.586,110
1,007,020
3,750.780
1,400,070

831,4S0
60.000

7^8.036
291,007
21,600

•36

l«,6n7,>*'J0

':.'0^,«17

76,110
8l(<,:j99

1,031,444

493,440
1.387,789

Bombay Company,

East India Crop.— Tlie r(<port of the
Bombay, September 7, gives the following on

Limited, dated
cotton :

In new cotton the business has been almost entirely conflnt d to local
speculators, and we hear of no business of any Importance being done
expor;ers. Reports of the new crop continue to be satisf (Ctor.y from
quarters, with the ex(«ptlon of part of the Bengal and Dhollera ols-

b.v
ail

triets. where the cotton plants want fine weather; but there are no
reports of damage resultin:^ from excessive rain as yet. Receipts of
cotton for the fortnight (-how an CJ^cess of 5,500 bales over last year,

and come

chiefly

from Oomr,iwuttee, Coinptah, and Madras

districts.

and circulated gratuitously. But the demand for it has
The following is from Messrs, Gaddum, Bythell & Co.'s
increased so largely they have concluded to put a price upon report of same date:
have to chronl< le another week of favorable we-'ther for the
we
it this year, so that those who really want it can have it. The growing crops, ami our reports from all sides continue extremely satisfactoi'y. The new Ooiura crop promises to be an exeeptionaliy large
price is two dollars a copy.
one. In many districts the area under cotton cultivation is said to be
National Cotton Exchange Report for September.— considerably in excess of last year, and the plants appear to be thriving
many of them showing bolls already— imlicating an early
The National Cotton Exchange issued on the 9th inst. its re- vigorously—
piciiing feason. In consequence of telegrams received from America
port on o cton for the month of September, summarizing it regardiUA.' earthquakes. <fcc which th- natives here interpret as pordamage lo the cotton crops, sellers have been very firm this
rons,

.

as follows

"The promises

Indicated dhrtng Augnst In the Aaantio States,
Mlssirsippl and Louisiana, have not beuu fulfilled durpa-t mouth, and the crop piospects, therefore, In those
seotloDS have been lowered. This has been occaeioued, n-> doubt,
to a great extent by the niaiked "spotted" condition of the plant
oaring previous months and the consequent, different weather inllneni es
needed in even ailjulMlng fields. For whtemany of our coriesisindeuta
refer to the 8 pteuilier season as being ben. flclnl, by far the larger iiroportion claim that It was unfavorable for the development of the plant
Tennessee, At kansBS and Texas, lu the order named, maiuiiiiu their
former high rating, and barring in the latter State recent rains, ami in

and Alabama,
ing

tlie

localitii 8 deprei ations bj worms no particular eomi.laiut is made.
Of
course. ceriKin seethins in botn Arkansas and Tixas hud already been
badly hurt by d ought, and show no improvement. In the eastern haif
of the belt and the couutiy eonllguous thereto the staple is mention,
d
•* e* "n iiuusu.illy high made, while elsewhere fears aie f reely exjireseea of loss in that respect Irum the late heavy rains. Owiug
to the

tending
week, and havo raised their rates 2r to 4r per candy all round, but
there are hardly any buyers, and we have not heard of aiy tra aactions
in cotton. Exchange has also advanc' d II4 per cent during the week,
which tends to make business mure dltHcult,

JuTE, Butts, Bagqino, &c.— The demand for bagging haa
been ratlier moderate and only small parcels are beinx t iken.
Buyers are not so ready to lay in large quantities as tliey have
b-en, and only where a shading in price is offered can any
large parcel be wo'k d cfiE. Prices are about as last, though a
Sellers are quoting 6^o. for IJ^
slight easiness is reported.
Ih., 7>ic. for 1% lb., 83 for 2 lb. and 8Wc. for standard grades.
Butts are meeting with the usual demand, and gome 2,500
bales have been taken on the basis of 1%@1 II-I60. fcr paper
grades and 2]4@'l}4o, for bagging qualities, these figures being
quoted at the close.

OCTOBKB

THE CHRONICLR

16, 1880.)

QalvbstO!!— For Ijverpool—Oot, 12—Steamers Empress aud Wyvera

CoKPA.BATivB Post Rkckipts and Uailt Chop Movbhknt-

—A oomfjarisun of the port movement by weeks

is

not accurate'

For Havro—Oct. 13—Bceamer Aaliford. 5,050.

the weeks in different jreara do not end on the same day of

HawOai-KAm— Por Uvertraol Oct. 8—t)teamr.r Leonora. 6.^00
9—Steamer Inventor, 3.397 Oct. 11—Steamer Bed 8 a

Um month, We have conseqaently added to our other standing
a daily and monthly statement, that the reader may
Dtly have before him the data for seeing the exact relative
The movement since
tot the ^eara namnd.
Saptembor 1, 1886. and m previous yeara, has been aa follows.

tpTab^

399.903
nra^tas* of toe pan
realffM B«pt. 30.

1886

1884

1883.

1883.

S85,MS

S4S.44S

S43312

33«,«5a

07-15

1881.

TtaM dwteuieat soows tnat up (o Sapt. 30 (he reoeipw at tne
thia year were 36,439 bale* lees than in 1885 and
18,738 hales leas than at the same time in 1884.
The
receipts since Ueptember 1, 1886, and for the oorrespondiu);
penod of th-< Ave prwvious rears have bweo as follows
:

TM.Bp.30
Oet.1...

1889.

1884

1888.

1882.

1881.

3ft0.a03

885.M3

349,449

429.777

21.731
27.79 N
33.429

83330
82380
83311
83396

848312
83388
93383

82<i,e9e

30,13 i
a7.t9«

98,480

83.3»6
97,134

2A.177
29,140
S3.t6U
8«.417

8.

31231

48,889
99,78A

49,M9

"
"

1...
8...

"

4...

"

6....

87,633
38.097
a7.«'»

-

7....

31.0«<

-

8....

*•

9....

t*J)ii
83.814

a.

5...

8.

S(i.401

40.846
37.<«3

«4.D7»i

21.331
91.999
39,884

" 10...

a.

39379
8.

"IS...

43480
^AA<»

•U

- 18....

••

14....
18...

XMM

&

31,318
34.93H
31,442

33.131
40.ai3
36.143

44,415
49,998
80^780
S3.34i

816.779:

810,4*77

3'i.828

19.0U

8.

80341

94386

8.

36.637
27.147
29 935
33.398
43.081
33.710

8.

8.

IM

a.

60,489

MJMi

a.

87318

68319

786333

806,718

42.419
24.83B
20.969
36.244
39.809
26.144

27,
29,13;!

86,(19
69,49
893 i9

83,««<
48,461
83.349
a.

71tf331

823.7o7

of
18-441
gmiw'plaOgt 19.|
I901
1681
ll-VOl
17-45
This wtatr umot sltowa tnat tlw receipla anoe Mept. 1 up to
to-night are now 3,009 bales more than tbey were to the same
4ay of th* OMMUh in 186S and 31,934 bale* more than they were
tothaaaoMd^yof the mooth in 1884. We add to the Ublr
thai roantagea of total port leoeipta whioh had been received
to Oct. 10 in each of the yean named.
BBimJW NBwa.—The espona of ooMon from the Onitrd

—

muM

States the past week, as per <af«s<
rttanm, have reachMl
M,43Bbklaa.
80 far as the Sootbeni ports an ooooerned, theae
the mant exports reported by teIeK^^lh, and published la
tlia CtaaomOLB last Friday,
with ragard to New York we
laohida tha manifasta of ail vaaaaia nljarad np to Thursday.
Uverpool. per steaoMrs Astotlaaa, 1.967...
CIt.T of I besler. 1,749. ..Oltr nf Rome. S.163....etrurta.
7ii ...Oermaule, 2,^3»
The (t><eea, 1,790
Wyomlug,
1.538

To Hull, per siraaasr Basaaan, 1,S89
To B*via,parstMaarI«BeaigaMnM>, 2,193
ToHfOOM*. persuaana rBM% t9>... Tra«ak444
To Bamhorit. per steamers OaUlonila. 1.044
Laaslag. 703

—

...Wli!Ua<l.^l.3t3

To Antwrrp.
To ••air
TuOeii'

aw Oat.'

.

Leiii-

Below we give

all news received to date of disasters to veacotton from United States porta, Sui. :
CiTT ow ACUDSTA. Steamer. Fire broke ont aboat 6 aji., Oct. 11. amonx
IO<i bales or cotton stowed between decks on tbr> steamer City
Aninista. of the Savaunalt line, at New York, and was not i<ut out
antU It bad borned three booia. It was oonflued to the cotton, so
tliat searoelr aojr damace was done to the vesaeL
The loss on Uia
eotinn is estimated at i43u0.
LiAVCaSTsa. steamer (Br.)
Are broke out Oct 9 In the ootton ear«o of
SteaiDer Laacaater. loadliK at Savannah for Uverpool. It was extlnfntahed. A sarver was held Oct Bth. and it was nMoiumended
tkat the bumlox vessel be filled with water. A deliii» of water
w»s poiued Into the bomlng cargo until 12 o'cloi^k, Oit. ih. but
tae steamer was not filled at 10 o'clock. Oct. lo. Th. tilling of the
forwaidpartof the steamer with water and the sw<-I.Iiik of the
bates In thef-irward bold started the bulkheads and ih« water
lis war aft. whloh. of oourae, damued theoarco. Tbeawelamt cotton. It Is rxpeoted. wUl raise the deak*. The cotton Ik fully
wvered by Insuiauce both la Amertean aud Brtilsh oompaniea.
The steamer Is also covered against damace In dUTcreut tnidlah

sela carry

^

esiaipaiuaa.

8a» Jca*. slaamr

(Sjpaa.), Tsaqalrre. from New Orleans for UverpooL
put lala Kay west. Oct 9. on fli«. The fire is duwu the hidd
among cargo; goods In main hold burnt.

Ootton frei«hta the past week have been aa foUowa:

Uvarpool. steam

Do

Do

87

16321
9,474

Ien4id JTsis^
Osaeo. AoM.

8340

767
i",806

'.'.'.'.'.'.

43wO

Wilmlagt'a

orfaU....
Batluaora.

101

PUIadftna.

6333 8348 6.U9

3,987

lataat dataa:

'u

'is

'is

»1S

'is

'is

»is

»IS

»u

H

^

H

>k

46*

46*

46'

49*

46*

...

....

....

*«

H

k

•«'

Do

saU....<.

vaafd'm.stMm e.
Do
saU...e.
•teval,

Do

...

steam. ...rf. ^a«*4
sail

d.

48*
It

• •*.

«4

it'

la
Trtmi. ui—...d.

>*

Aatwarp, Btsaat.d.

S«»Ht

Far 100

%

...

'as

'at

'as

'st

H

>«

>4

H

«

Iba.

101

ScpLM
lalaaottheweek
baler
Of wkleh exporters took ...
Of wUafe speoniators took.

4,300
6,791

3312
290
4,041

ItO
J

1.197

*
t

Oet.1.

76,000
63.000
2,OU0
3.000
8.000
O.OOfl
58.000
45,000
3.000
4.000
5.000
5.000
833.0UO •377.OO0
180.000 I20V00U
15.000
33.000
11.000
21.000
74.000
88.000
40,000
32,000

OeLB.

Oct. 16.

63.000
9.tM)
3.00C
40,uo<i
4.00(.

6.00<

34H.0O0
183.0UO
2e.ooc
23.000
123.0O«

93,000

53300
4.000
2,000
44.000
6,000
7.000
316.000
l.^O.OOO

28.000
14.000
205.000
180,000

73,000 bales added to stock,
Of which 51,000 bales Ameiloan.

"Hie tone of the Liverpool market for spots and futures each
day of the week endint; Oct. 1.5, and the daily clo^ng prices
9t spot cotton, have been as follows:

130

*•<

Maadsy.
Moderate
deound.

Market,
Ixr.^Or.M.

Opl'da

...

aid.Orl'iis.

IMat.
32.432
16.521
5.4 74
13.979
15.177
4,165
4,: 42

94,439

Bal ow we add the olearaaoea this week of vessels carrying
•ottoa from United 8(atss ports, faciagliig our dau down to
ho

na

Do
saU. ...<!.
aaBbarg.steam.«.

4.41) S

139
1.389

'm

.*••

..

10, "TT

>,1»7

aaa Fraa..
79.708

*••

JH.

'is

T|S

3340
1300

6.751
4.IK2

980

B eaton

e.

8 839

Balifoa

649

saU

'«•**

Sraosaa. steam., d.

•

foUowa:

Bamfk.

..—

Wtdmt f%«ri

LiVBBP<x>U— By oaUe from lirerpool, we have the following
Matement of the week's sales, stooka, *c., at that port. We
639
add prevfooa weeks for oompariaon.

partletilan of these shipments, arranged in our nanal

Bom.

IWss.

»»1»«4

^is

13,497
1.389
2.192

9«.4.>tf

BulL

Jtoa.

'i.a>«

849

...

1389 2.193 3.748

saU...il.

JkMw.

7a ^^

70<>

—

CofiB. are aa

4<.

3,109

ptr •tramer Noordlaad, *49
'•t«ami>r Neosii la. 700
iierUliy of Bvna, 67
rrp«ot. per sieamew Bsssal, 2,796
'" Jaaa, 8,AIl ...Barra,43''U....
r staassar 8(. Aaapk. 6,474 ....
par »«sa
Bsafeope, t.2«6.

SavsiniAM
CmjLMiMMT.s
M
HlMlaiot, 1,.%7-1
To Havre, par sieamer TlMua. 3340..
To Bareelnaa, per bark Bspaaa, 1300.
OALvasrus— Tb uverpool. per steamers Prlnoras, 4.777.
Wasfelnglon ctty. 6.100
To Kaval. per steamer Cruwtt Pilnee. 4.:4CO
WlLMiMOT<ja-To Uverpool. par steamer OarUa Bar. 4,466..
Voar>>iJi-Tu Urerpuol. par staassar Haao, 8,791
BAi.TiH<>Ka-r.- Uverpaol. per stiwsss BanvwsMirs, 2,639
Nova SeoUaa. 1.273
to Broaaa, per itaamar Poaao, 290
per steamers Istrlaa, 1,408
• -To liva^aul.
PaiaaUna. -^379 ...Favoala.664
tte Hallias. parsteaasr MnTtaasek. 100
.
10 Metegbaa, M. 8.,
P'«n.4iMij>HU—To Uvarpoot. par araamsr Brtiish FiiBca,'i,iir7
Baji Faaacisco— To Uverpool, par aUp isasyii. 139

The

.Oct
7 500

13—Steamar Mariner.

BALTUIOKB-For Uverpool- Oct. 11—Steamer Oranmore, 3.tU2.
Phiudblpbia- For Uverpool-Oct. 12—Steamer British PttawAs. 2,491.

mn

Vaw Toaa—To

Floridlan,3,323. ..Oct.

BoatoM- For Uverpool—Oct. 6—Steamer Soytbla, 186... Oct 7—
Steamer VIrKtniao, 1.229. ...Oct. li—Steamer (owa. 1.0O6.

00 10

pons

188li.

12— Steamer

For Hnvre—Oct 12—Steamer Bordeaox, 8.970.
For Antwerp— Oct. 12— rteamer Bordeaux, 180.
For Barcelona—Oct. 14— Steamer OrUtobal Colon. 5.363.
Savaknah— For Livurpool- Oct. 9— Steamers Coroiillla, .1,900
Nloeto.
7.374
Get. 12 -Steamer Bonier Chieftain. 4.13'J.
OHABLBSTOa— For Uverpool— Oct. 8—Steamer aunteman, 5.719 .. Got.
9- Steamer Max Morris, 3.9< IV.
For Baroelona—Oet 8-Barfc Eaeanuudon. 1.830.
WtLMiNOTuN-ForUverpoul-OcL 9—Steamers Benaore, 4,600; Wylo.

429.777

0}-«3

07-0«

07-33

Oct.

,,^

MOKltUy

1M6.

465

iCId.

Sales.

Spae-Aazp.

9^
5^

fStasday.

Not mne^

galst.

9>«

5H

7.000
l.UiO

10.000

STdt

ataady st
S-«4ad.
vaooe.

1,01

VMnas rtwsd'p.
dotos.

Steady.

lytdtty.

Uardonlns
taodeney.

6l4

5^

6»,s

7,000
1,300

Sis-

Si:

8,000
1,000

10.000
2,000

10.000

Waakat

Baayat

Quiet at

steady at

l.«l decline.

1.64 de-

1-64 de-

oUns.

oUne.

vaaoa.

Firm.

Basy

Flat at
a decline.

1,000

fWarst.
Market,
12:80 rjL

Market,
4p.I1.

sUne.
{
{

Weak.

'*'eai»
and witb
(ood
steady.
damand.

toilet

The opening, highest, lowest and closing prices of futures at
Uverpool for each day of t!ie week are Kivon below. These
prkjes are on the basts of Uplands, Low Middling clause,
aaleas
otherwise stated.

TM*
1r^
art ^iesa in penes
4 W-e4d., and 9 01 maona 5 l-«4d.
priett

and 64M«, (AM.- 4 68 wfan$

m

THE CHRONICLE.

466
Blm.. Oct. 11.

8ai., Oct. 9.

TaeK.i Oct.

rVou XLIU.

I'i.

Kye—We(iterr,i9bn3h.

Wli««tOpen Bith Low,
October

i.

d.

—

d.

4 62 4 02 4 62
Nov.-Deo.
Dec-Jan.... 4 68 4 62 4 62
Jah.-Pcb.... 4 62 4 62 4 63
Fet>.-March eco 500 5 00
.

Mar.-Aprll.. 6 02
April-May.. 5 04
.

Optn

t.

i.

607 607 5 07 6 07
6 00 500 600 5 00

Oot.-NoT...

May-June

Clot,

02
6 01

6 02
6 01

4 62
4 62
4 62

6 00
6 02

604
606 506 606 506

W«dnw.,

Oct. 13.

460

ret».-3rIjLrch

4 62
5 00
5 02
5 04

Mar.- Apr

..

Apr-May

.

MaT-June..

t.

i.

i.

i.

d.

d.

5 07

6 07

5 07

6 06

463

5 03
4 63
4 62

5 03

500 600 500
4 83 4 63 463

d.

508 5 04

5 06

608

5 00

SCO
463

4 63

5 07
6 01
4 63

4(i3

4 03
4 63
5 00
5 02
5 04
5 06

4 81
4 60
4 60

4 60
4 62
6 00
5 02
5 04

5r.o

4 63
4 6;i
5 00
5 02
5 04
5 06

4 fS

4 02

4 61

4 62

4 62
5 00
5 02

4 61

504
606 506

5 00
6 02
5 04

d.
5 06
6 00

4 63

4 03
4 63
4 63
5 00
6 02
5 05
5 07

5 02
5 03

4 83
6 00
6 (2
5 04

608 6 07

5(6

4 63

4 63

500 500
5 02
5 ('4

I

6S

.181

4 61
4 62

6
4
4
4
4

03
63
65

483 4 63

4 61
4 01
4 03

5 01

01

5 01

601

503

6 03

5 OS

6

Fri., Oct.

d.

510 5
6 03
5 02
5 01
5 01
6 03
5 03

d.

d.

5 07

10

5 03
5 02
5 01

01

3 01

4 83
4 63
4 63

5l«

5 03
5 05
5 08

5 01
5 03
5 03

5 10

6 10

5 07

8pnDg,pcT bn«h
HprlDKNo. 2. new
Red winter, No. 2
Ked winter

7R »
80 t
75

t»

WMte

80

«

intx«d
West. mil. No. 2.
West, white
West, yellow
White Boathern..
yellow Boathem,

4'i

61
62

401
0.5

Btc

d.

5 07
5 01
4 63
4 63
4 63
6 01
5 03

Oatt.

82

83%

M3

83

84%

84
85

delivery..... ... SS^a

86%

84%

86%

SUas

a2's

Oiiig

8638
92ie

biH

delivery

January delivery
Maydellvery

88"<

Louis.
Peoria

5 07

Bulttth

S3
f4

83^8
S4ia

85%

Stjig

871a
83J4

87%
93%

lion.

Sat.

Tuei.

.

43%

Wed.
4178

4519
46ia

4413

44i58

4=.78

•ii''8

.Taiyiary delivery..

47

4038

45 '8
4658

February delivery

475g

47

May delivery

471a

48^4

49

4d»8

December delivery

44

48%

Xliurt.

Fri.

4478

47%

4413
451a
46''8

4S

47

471s

47%

50

48

49%

33i8

33
36

1.954.734

1,039,410

B5,62S

1,804.000

1.537,534

891,1117

ii5,sse-

3,978,574

1,057,050

1,570,036

831,056

174,iJ03

24,T3S,485

21,303.971

791,287

1885

1.509.0;8

19,592.017

22.20.-).li57

18.283.987

6.378.363
3,38J.4S5

1.033,491

I8«4....

2,oa9.fi3ll f6,658.5;)5

22,287.380

1S,499,»19

3,390.517

2,155,481

flour and gram at the seaboard ports for the
9, 1838. follow:
Flour,
Wheat,
Oom,
Oats,
Barley,
bbts,
bush,
iwisA.
tush,
bush.
bush
120,679 l,5!)">,4no 918.0.50 598,084 9«,'.!!.0
2,876
87.433
97,460 16U,1M9 134,113 27,074
60&

,

>fonti'eal

Philadelphia...
BaitlDwre

Kichmond

New Orleans ..

33,633
19,3o3
ei',H5
3,333
8,082

Exports

fromSfdw Tort
Bjston. ..
N. News.

I'alUdeh.
Salttrn're

y.Orl'ns.

rot. w'k.
(ue time

1885.

Boatn'u ooui. extiau.. 3 00 1> 3 35

Do

Corn.

Bush.
339,519
16,158

Bush,
337,181
92,110

206,233
147,727
211,710
32,392

177,668

1,800
6,497

250
12,023
12,664

500
78,602
32,254

Flour,

Oats,

Bbls,

76,386
94,0 15
6,250
22,217
4,701

Bush.
21,699

Rye.

Peas.

Bush.
_ ,,,..,

79,327

17,751
.....

15,995

393
8,000

717,775

227,967

39,419

8l,91»

477,471 1,201,995

155,533

405,439

47,754

953,739

afloat

Do

8,883,416

Do

48I4
497a

3,013,377

1,457

165,058

713,347

5,604

143,001.

afloat

Duluth

6.841,535

l>o
afloat
ioledo
Detroit

0,-wego
3t. Louis

Clndnuati
Bostun
Turonto
.Montreal ....

Philadelphia
(Trla
Pe*

ludlanapoUs

Kansas

:i3is

4,758.669 1.115,406

afloat

Milwaukee

.

Citiy..

9,
Tot. Oct.
2,
Tot. Ort.
T.>t. Oct. 10,
Tot.Oct. 11,
Tot, Oct. 13,

4.126,960
1,910,28B
60,000
4,817,432
81,000
102,181
66.067
116,123
1,296,542
10,989
li9,375
420,758
1,041,564

133,533
87.999
85,000
856,199
34,000
208,714
1,700

413,901
43,4 13

30,250
123.177
170,969

23,145

40,804

30,4 S 8
.')6',920

429,260
208,000
355,799
14' 194
132,374
941,931
380,450
39,131

33,516
53.000
2,028
343
33,877
13,958

223,174
85,044
13,000
13,633
88,009
12,530-

9,026

4,3.iO

5,203

3933

3,208,426
160,000

5,000

35,100

146,363
138,100

52,787,135 13.577,612 4,995,146 539.678
51.220,352 13,425,030 4.965,005 518,334
5,195,9315,095,067 467,921
'84129,090,140 6,515,807 1,115.895 980,C65
'831 29,869,699 12,431,981 5,101,496 2,200,251

1,807,721
1,550,079

1,526,704
2,129,600

'86.
'86.

'851 41,094,812

Minneapolis and

Oom meal-

1

83,967

Wheat.

Cmioago

,

90

1,050

47,640
10,937

The visible supply of grain, comprising the stocks ui granary
at the principal points of accumulation at lake and seaboard
ports, and in transit by rail and water, Oct, 9, 1886 :
Wheal,
Oats,
Bye,
Barley^
Corn,
bush.
hush.
bush.
In start at—
hush.
bush.
KewTork....
9,560,563 3,860,156 1,214,763
46,974
65.563
574,400
Do afloat..
124,500
SO.OCO
8,000
4,500Albany
50,600
96,000
8,.500
11,000
BuSaJo
9,497
22,607
120,132
2,646,038
491,7a0

.

2tit>c 2

18,471

65,b6l

S

»bbl. $2 00» 2 65 Boatliem bakerd'ann
2 309 2 90
family bi'da. ^ bbl $3 40 v 4 6,">
2 85a 3 20 avu flour, Bupemne.. 3 15 •» i 40
clear and sira't. 3 30* 4 60 „^'ne—
2 30» 2 60

911 ;vei

26,-Jtt5

Slohm'd

FLOtTB.

oatJieri

40,('65

The exports from the several seaboar-i ports for the ween
ending Otit. 7. 18S6, are aho«^a in the annexed statement:

45%

Western, Ac
2 35 e 2 80
Brandywlno, &a .. 2 85n
B'kwli'tflour.'i) lOOlbs 1 9Ua 205

24,9 :!8

4r),677

Ua

On Qanal

Wintershlpp'g extras. 2 85» 3 25
Winter XX & iXX.. 3 4'i» 4 85
Patents
4 25» 5 00

101,150
33,869

20:^,867

Total weelt... 334,656 2,178.976 1,3^1,383
922,
1 !6.935
week '85.. 2 18, lvi8 \. 103,655 1,432,545 1,315,717 113,253

The following are the closing quotations:

^IInn.

3a 71
20,400

167,781
87,153

Cor.

rather firmer.

Mne

18,31»
6,600

31,441,113

May delivery
35^8
3514
35ia
Sfiia
BalOniore
36
Do afloat
Eye remains quiet and nearly nominal. Buckwheat is lower
Minneapolis
and quiet. Barley is still unsettled, pending the adjustment BLPaul....
of di-agreen.erits between th& owners of malt-houses and their On Mississippi...
employees, and barley malt is becoming tcarce, with prices On lakes

Baperflne
Spring wheat extras.

25.469
11,700
10S.908
10,200

283,575

Boston
Portland

.

32%

2.111.757

2,015.198

45,9-iS

!,W0,t-,8

AtNow Tork

.

32%

'85

115 638

The receipts of
week ended Oct.

Oats have to a large extent sympathized with wheat and
corn, with, however, the notable exception that to-day the
recovery showed more spirit and strength, with the regular
trade brisk and the e^peculation quite active.
DAILY CLOan^O PRICES OF NO, 2 OATS.
Sat.
Hon. Tueg.
Wed, Tkurt.
Fr
October delivery
30
Soig
29%
SO^g
31
3r-4
3019
November dell vtiry
SOSg
305e
3114
3114
3108
SlBg
aiag
December ilfiuvery
3l«8
3214
3218
S2S.
January delivery

S.519.311

259,895,

2,S.»5

Sloatreal.

83%

2.!0.888

17.418

84
Since July 24
18H8

Fri.

8314

12,500
187,180
233,850

67,350
13.247
45,801
40,000
233.700
410,085

2.593
6.118

.

18,398
6,730
7,8a6

633,877
253,168

1,135,511

13.000

...

St.

Ryi.

£iirley.

lbs BlMli.48(6i]iflMA.5«iJ>-

1,502.(109

8.190

5C5

Indian corn further declined early in the week, but on
Wednesday was active and buoyant on the speculative
account; the higher price, however, checked the export movement, and the market became unsettled and depressed.
To-day there was a steadier feeling, but only a moderate de
gree of activity for mixed. The demand for white corn has'
continued to be very fair. Yellow is nearly nominal,
DAILY OliOSINa PBIOBS OF NO. 'i MIXED COBM.
October delivery
Noveitber delivery

36>4

6B7.502
291.414
225.957
205,842
59.392
78,795
24.600
1,098,779

59.0CJ0

Detroit

dull.

October delivery

38

Slowed

»» Smh.32

Wheat.

128.803

Cleveland

;

November
December

si

Oom.

Toledo

being largely due to the better grain markets. To-day the
mirket was steady, with a very fair demand.
The wheat market was depressed, and prices continued to give
way until the lowest figures of the season were reached; but
on Wednesday there was a decided recovery. The reports
from Eastern Europe were very war-like, the low prices had
stimulated purchases for export, and the Bull party to the
speculation took fresh courage. A quick advance of two cents
bushel was the result
but the higher prices checked
a,
exports, foreign markets did not respond to 6ur3, the large
visible supply impaired confidence, and under moderate sales
to realize about half the advance was lost. Today there was
some renewal of speculative strength, but the regular market

8278
821s

State,

4r)ia

.

Flour.

Milwaufeoe...

The markets for flour and
were barely maintained until Wednesday, when the demand
became quite brisk and prices were stronger, though no
decided or general advance was quoted, the improvement

82's
SlSg

4414 »

£blt.lOKU>»\swh,imtbii\Siuh,Sii

at-

ipt>

Chloago

f"MDAT. P. M., Ojtober 15, 18S6.
meal were quite dull, and prices

82%

31

Clot

BREADSTUFFS.

In elevator

No. 2 mixed
No. 2 white
Barley Malt-

89
87

O 46

57
33
38
S214

Wo

13

Same wk.
Same wk.

DiSLY 0L08IN0 PBIOBS OV NO. 2 RED WINTEE WHEAT.
Sat.
Mon.
Titet.
Wed. Iliuri.

White

7S
82
45 a 47
Barley -New Canada 73
83
45 a 47
Barlej'—Nnw Wcotern 65
73
Pe>i8— Cauada
66
48 9 52
52"
50
Buckwheat
4G 9 48
The movement of broadstufts to market is indicated in tfce
statements below, prepared by us from the figures of the New
York ftoduce Exchange,
first give the receipts at Western
l-iko and river ports, arranged so ae to present the comparative movement for the week ending Oct. 9, 1886, and since
July 2 1 for each of the last three years:

Tot. wk. '86

was

Oats— Mixed

Biia

..

53
29
34

State and Jersey

87ifl

82

ii\9

Com—West.

6 03

Open Biah Low,

d.
5 07
5 01

403 463 4 63

4

i.

6 03 5 03 5 05

Hiflh Lovi. Gtoi

d.

d.

4 61

Thnrs., Oct. 14.

d

d.

d.

Jan-Feb

CIOI.

4 62
4 62 4 62
6 00 500
6 02 5 0.i
5 04 5 01
606 5 0J

Open

Open High Low, CUn
October..... 6 04
Oct.-N0T.... 461
Not .-Deo... 4 60
4 60
Dec-Jan

6 07
5 CO
4 63
4 62

Optn High Low, OlM.

Low.

St.

Paul not Included.

920,766
1,162,694
1,141,733

—

Exports of Bkeadstuffs for September, 1386, The following made up from the statement issued by the Bureau of Statistics shows the exports of domestic breadstuffs from the underI

/

mentioned customs

districts of

the United States for the

October

month
monthii

THE CHRONIOLE.

IS. 1898.)

of Souteinher in li88
•iinof July 1. ISSA :

and

1885,

and

for the tlitto

467

their pu'cha^es outeide of tlie auction rooina were stemingly
gau^^d by actual retiuiremects.
DoJiESTio Cotton Goods.—The exports of cotton (roods
•'
~ {>ort for th«» wot-k ending Octobpr 11 were 3,674
f
ioi'luiHng y.ii to Argentine RtpuUic. 437 to Brazil,
:
_. S. of OjlomOii, 37j to China, 29."> to Venezuela, and
.
tmiller 8hi)iiu->i>t« to otlier foreign marketa. There waai
Btpr^riy ihouKh moderate demand for staple cotton goods ati
and the tone of the morket continues Arm, many
makes of plain and colortd cottons, quilts, (^'~
'i^htly advanced by the mill Hgents, an4
QQ"*
the advance. Print cloths were less
;..
firm nn the basin of 3J^c. fur(UxG4jand3ii
;,...
UxSU.-i.
Stocks last Saturday and for the three provioua ;
'.
were us follows
.

.

.1,

!

.

:

:

,

.

1

-

:

OeL\n,

Oel. 9,

mnet of Print Cloth*—
^..1.1

MawnrlMna....

lb_.
«7|>#>

.000

TMaLaora...
Oam-imml. Mb.
Ttrm YotU

.

1884.

401.000
sin.ooo

Otkarca«.aut»*

lll.WO

.1100

295,0<I0

;„-,ooo

150.000

Htil.Mo
uo.ooo

116.0001.033,000 1,368,000

ftlO.OOO

o,.,^....— .. ,^.,

i.,„„...,

OeL

OeL if.

1S8R.
T..'»000

1«8«.
'.itiOtl

i»...vl.(......« ...i.t.irfra

I. ^'

J

!

.

Ty>tal*tock. (pleeea)

Stiple prints were In fair demand by package buyers, blit
fancy piint* lult-d quiet. Oinghoms wore in moderate reqaest
and there was a fudy good business in crinkled st ersuckers,
white got da, qodts and curtain goods for future delivery.
4IMl|

DonKSTic Woolen Goods.—There was a steady thongh
moderule I v^ners in clothing woolens, as light-weight oasai-

»<j<M

urn

4411

merei", t-uirtn^. triiii.^ring^, worsteds, indigo blue flannels,
iS:o., »nd loadiui; iiiiik<8 are so largely under the control of
- .1 II desirable character are (irmly held
iitdcr- 'I 1.1 "

t.T4a
I

1

by

«
44.a»0.

I.^Ki

• '.W
•M06/

IJUL
IJW",

•mar

lujei

i'

r,

4«T>»
IMLtua
•o.i*:.

<NMre««.diwv
i!i77]«i»

ssjdio

uoe.wu

w;an

•j«a.i«i^

tJB»J»M
•T.:oD

IMM

4-

»ni

9>jm

»».aiii

Si:d<,

1

•••

1

1

..^r., as well as in staple worsted
.iwing to the large auction sale
refeire<l to klxiv)-, t>ut prices remain firm on all desirable
mitea because nt the sa'.isfsctory figures ol>tainod in the
auition loom. Dljikes and carpets were in light requ^t,
and «ro<d liosi' rv ^nd kni' underwear were more or less quiet.
.

;;

I'll'Uarlt.hU...
•

f»,
Cloakings ruled quiet— the ann ssle of 2.000 pieces having caused
1.
Kentucky jeans were infair
.Itfrr
«>|eriilii'n».
and MewHy in jirirn, and there was a moderate business
Soft wool dress goods (women's
t for the time of year, and there
wool fabric«,such as cashmeres,
.

*jmAu

w»jm

»

1

.

.

"

IMM

*»7
».'.

II

4«J»l|

I

%

i

I

,

UnY Goods. -There was a

slight

improvement

«.«?•
1"

:i«,l!l<

i-ii.

>

Ill

»j«j

M««r

A*!

....

KM-a

r^

n

K

_ K

P

tMMMn MM^imi

t'Sv*!)|_«*UM«l

mi
b; S

:

^s«

:

?iiii!
ll'

I:

::!::&

9t9

»-

:

:'.'.:

i;
..'I'

1

4IWOT,

ll

nAT*n, ''..nDoctlWii....
i.Maliw

1

— »»«

1

-

.

Virginia

— Ob. Vusiaik
ill.

t^SSl

IMal..

"OTS.-Tkl* •(•Hiani iMlaSas skaat SS par
•ni ataa iwiii ail
poru »l tarn au ssi ly.

twu

.

•.u

op

|1,SIA>M

MM of Um (Mir* axpurtt uf

I

5*

I

lU

a-i«.a

<

i::..

S

9

4C

(0

X IV

tlia

't-a

I

I

I

—
—
•aAttflc V
a - ^*
CMOf-O
•

I

MMa.KC4
ata^ 10

"I

J.

«-_Jl.-l.-J

l-J»M —

I

..I

is

THE DRY GOODS TRADE.
Ht.w Tobe. rrlday. P. M., Oct.

.

\f>.

18«B.

The demand for consumption was nnfaTorably innoen'°e']
week bf nnssaaooably warm weather, and l<uMn<-^«
in Jobbing cirdM was therefore comparatin ly light, althoiik'li
« fair package trade in some detcriptlons of staple and depart
meat goods was done by a few of the principal jobbers. At
first bands the demand for («nmiabl« goods was chiirlly

O

<fcO

*jL-i

*"

?.-?

a
a

I

2 21

o

Om past

./

-

nstrictel to reialively small parcels of the various dcscrip
tioos, but selections were numerous, and reached a fair aggregate amount, making due allowance for the advanced stage
oC Um season. The ancUon rooais were an important factor
in tbs bosiceai of th« week, liberal quantities of d onit>fitic
wooUa goods and imported silks and laces having been <lis
posed of throtigh that mrdinro. About S,000 packages of
wool flanneh
iv hy one of the leading
anction houj.
the
7JJ; ner cent tiolow
lUl prices at wnim iiii< gri<'iH nnij been held by the selling
•gsnts.
line of Oninet's Uack silks was disposed of to
•Orw) •'ivaniage the same day •• r>ir average prises, and on
iVi
ring of 3,000 I
"ntio cloakings was subniili
rti
cnm|>etitlon
trade. The auction sales
•ttracMU a great many wholesale buycn to the market, but

t

Ji

~

T.

^

1

«4

Cid^'*9

»

C C>i

—

o es"
I

K) -J

'.0

fr;r.x*-l

1

r.-

-ll'

»3

.-•u«ua>
e^icScis
a*-

OMU-a

s

— *?'0
C
a. J. — 'iM

g5

•

-1

,'

C X $ OD

1

- 1

A

'

in

forsoiuu <'e8cTiption« of imports^ goods at first
] Helt-Mtions averge^l light, owing uf the backward" retuil trade, cniii-ed by un-easunatily warm weather.
ng trade «n8 O'^iy moderat'>. but a fair distribulion
ul Hiik.<, laces and lace g(>< ids was made through the auction
riKims.
Priced are with >ut quotable change, and the most
.ttjtple fabrics are generally oteaJy.
ImtMrtaUoBS ot Drr Uootfa.
The Importations of dry Roods at this port for the week
ending Uit. 1 1, HHO, and sinoe Jan. 1, and the sanM facU for
the comwpondtnjr pcnoU are as follows:
M'l

U7J»|I

.

•

.!

I

:

u

II.

;

.•

7.W4

•.lUu

»•« Vutk.
mmum..

:

1.

Mp*a*p

M ei.
Ob

-i<»js»p

OD-IJ — QD

x-l-IU*

2

THE CHRONICLE.

468

^mikSf

nn&

IPatiUjet^a

MEW

BAIVKS.
IiODOWICKj.HlU., B. 8. MOCANDLXSg. A.W.HIIJ,
President.

Osahler.

Yioe-Pres't.

THB

&

'

No. 36 CONfSRESS

DepoHtory of Iht United Stales.
*"'' '*"''P*"»» " " *300,000 00

anta of BankM, Merchants, Corporations and
^dualB respectfully solicited.
ections promptly made and remitted for.
act as aKent for tlie investment of Idle and
ns funds of Banks or Individuals.
I our active and Krowinj? city money is always in
land. Oar rates reiii^onable. Uive us a triaJ.

,

4

fib.O.

gTURQES.

W. OOOKIN,

F.

Pres':.

Asst.

MSMBERS OF THE NEW YORK AND
ALSO,

Dealers In Klnnlclpal, State, Railroad

and United

Bhxbham

8.JBWiirrT, Pres. Jobiah jKWKTT.y.Pres.
William C. Cornwell. Cashier.

N. Y.

facilities for making eollecall accessible points in the United States,

Canada and Kurnpe. Liberal terms extended to accounts of bankers and meichats.
COKKE>poND£NTS.— New York, National Shoe &
Leather Bank; Union Bank of Xj-^ndon.

W. T. Blackwell,

P. A.

Pres't,

The Bank

Cashier.

Durham,

of

DURHAin,

Wiley,

to Collections.
FIRST-CI-ASS FACILITIES.
New York Correspond^-nts.— The National Park Bank
and seventh Ward National Bank.
H. Gab.,e8.
E. p. Hill,
R.A. liiKAUD,

est

on deposits.

Members of the Philadelphia and New York Stock
Exchanges, and connected by private wire with New

Vice-Pres't.

J. G. Fletcher,
President,

)

i

and are

for.

ExchaUKes.

ARKANSAS.

....

SHOSHAKEB.

J08. M.

Jos.

A. K.

Pres't.

BANKERS AND STOCK BROKERS,

SOUTH THIRD STREET,

No. 134

PHILADELPHIA.
PITTSBURG, PA.
ESTABLISHED

Whitney

First National
TVILmiNGTON,
gollectiora

made on

Bank,

&

RICHinoiVD, VIRGINIA.
Collections made on
terms; prompt returns.

all

John

Fked. r. Scott, Vice-Pres't

JOHN

Cash.

Southern points on best

P.

BRANCH,

President.

NEW EKOLAND.

Stephenson,

&

Wilson, Colston

Co.,

BANKERS AND BROKERS,

Correspondence solicited and information furnished.
N. Y. Correspondents— McKlm Brothers

& Co.

Robert Garrett & Sons,
BANKERS,
No. 7 SOUTH STREET,
BALTIMORE,
A GENERAL DOMESTIC AND

COMMISSION STOCK BROKER,

Lamprecht

4,

Co.,

Private wires connecting with Washington, BaltlYork.
Prince & Whitely.

mo e. Philadelphia and New
New York cui respondents.

H. L. Grant,
No. 146 BROADWAY,
NEW YORK.
CITT RAILROAD STOCKS & BONDS
BOUGHT ANB

SOLD,

See Quotations of City Railroads in this paper.

Jntjcti0tt <^aXcB.

STOCKS

Bros.

&

SALES

806

OLIYE 8TKEBT,

&

AUCTIOlir

STOCKS AND BONOS,
ON

WEDNESDAYS AND SATURDAYS.

ADRIAN

H. IHVI.I.ER

Jk.

SON,

PINE STREET, NEW YORK.
BL'II.DINQ.)

IttBtitaticc.

EQUITABLE
ASSURANCE SOCIETY,

L.IFE

120

BROADWAY, NEW YORK.

HENRT

B.

HYDE,

Co.,

8T. IiODlB,

Dealem In 'Vrestern Securities.
IN INVESTMENT SEC0EITIES.
Osfanlted lionds of iissoarl, Kansas and lUlnoVjl
Specialty, '^od Investment siaouritlet, paringfiHPi
'"
No. 10 State Street, Boeton,
(oor to atgbt pei eent. for nl»i

President.

ASSETS, JANTJART 1st, 1886

UABILITIKS,

4 per oent Valuation

SURPLUS

1871.

F. Keleher

REGULAR

of all classes of

Co.,

of Cleveland, Ohio.

P.

BONDS

At Auction.
The Undersigned hold

SUPERIOR STREET,

ESTABLISHED

and

(BQUITABLE

Transact a general banking business, and DEAL
IN TOWN, COUNTY AND CITY BONDS. Lists
and prices furnished on application. Write us if you
wish to buy or sell. Refer, by permission, to Society
for Sayipgs, Savings i, Trust Co. and National Banks

Id ASS.

STOCK BROKER,

W. Branch &

C.

BANKERS,
No. 13?

MEMBER OF BOSTON STOCK EXCHANGE.

AMD DEALER

RICHMOND, VIRGItMA.

Circulars and information on funding the debts of
Virginia and North Carolina free of cost; one-eiuhth
per c^nt charged for funding. Southern Railroad
and State and City Bonds bought and sold.

No. 12

CLEYELAND, OHIO.

Samuel G. Studley,

&

BRA^VCH
CO.,
BANKERS AND COMMISSION MERCHANTS

,

VTE STERN.

Joseph G. Martin,

wire.

(INVESTMENT and SOUTHERN SECURITIES a

BANKBRS AND BR0KBR8,

BOSTON,

State, City, Railroad and other Corporate Securities of Southern States wanted and for sale at all
times. MortKage Loans on city and farm property,
two to ten years, paying six to ei^ht per e-eut. furnished. Prompt replies to correspondence, mail or

(Members of Baltimore Stock Exchange),

No. 62

Exchange.
Private Telegraph Wire to New York and Boston.

Patterson,

State Baxk Building,

FOREIGN BANKING BUSINESS.

Dealers In Commercial Paper, Qovemment and
other first-class Bonds and Securities and Foreign

Ga_

RI€IIlT£ON]>, VA.

Wilbour, Jackson & Co.,

No. 4 ExcUa-age Place, EOOM Ko.

H.

1871.

BALTIMORE.

Joshua Wilboch,
Charles H. Sheldon, Jb
Benjamin A. Jackson, William Binney, jr.
TRANSACT

'WEYBOSSET STREET,
PROVIDENCE, R. I.

Atlanta National Bank, Atlanta,

:

BOND AND STOCK BROKER.
ATJLANTA, GA,

BALTinOBE.

MERCHANTS' NATIONAL BANK,

Glenn,

York.

Reference

and t'ourth National Bank, New York.

FOURTH AVENUE.

specialty.)

F.

New

bankers and brokers,

Only Pittsburg members N. Y. Stock E.vehanffe.

N. C.

part- of the United States.

all

SECURITIES.
Bonds and Stocks bought or sold on commission.
Georgia and Alabama Securities specially dealt in.
Correspondents; Tobey & Kirk and A. Duteaholer.

BANKERS AND BROKERS,
No. ST

$200,000

Walkek, Cashier.

ROBIBT M. JANNIT.

M. Shoemaker & Co.

Prompt attention given to all business in our line.
N. T. COHUKSPONDENTS.— Importers' & Traders'
Kationsl BHnk and National Bank of the Kepubllc.

BuBHDSS,

BROKER AND DEALER IN ALL KINDS OF

THOMAS

Credit.

)C. T.Walker,
Incorporated 1875. J
Cashier.

I.ITTI.E ROCK,
Capital ( faid In) -

Exchange and Letters of

Bills of

STATK BANK,

German National Bank,

B. B.

CHESTNUT STREET,

Members ol the Philadelphia and New York Stock
Cable Transfers,

$'100,000

Collections receive our special attention

promptly remitted

Humphreys Castleman,

Gerlach,

PHILADELPHIA.

Cashier.

......

SOUTHERN.

BANKERS AND BROKERS,
No. 437

Co.,

and BOSTON.

°' Counties, Cities. &c., <.f hluh (rrade a
peclalty. Send for Di'scriplivr I. «t«.

W.

&

Narr

Commercial National Bank,
IIOUSTOHr, TEXAS.
Capital,

Co.,

Railroad, Municipal and other desirable Investment Securities f«»r sale.
Transact a general banking business. Allow Inter-

C,

N.

Pay Special Attention

President.

&

Clark

BANKERS AND BROKEHS.
No. 35 Soutli Third St., PlUIadelphla.

$300,000

BUFFALO,

RHMFIQ
Dm\ua

&

Harris

CHICAGO

A1 1.ANTA.

York.

This bank has superior
ttODS on

W.

E.

Buffalo,

CAPITAL,

W.

N.

PENNSYLVANIA.

Surplus, $50,000.

In

Bank of

CLEVELAND, OHIO.
SPECIALTIES:

Bonds.

States

Co.,

TOWN. COUNTY AND CITY BONDS,
LAKE SUPERIOR IRON MINING STOCKS,
AND STREET RAILROAD SECURITIES

Cub.

addition t1.000.000 U S. 4 per
oent Bonds at par, pledged by its stockholders for
the protection of its customers.
Said bonds are
piedKed as above, instead of being held by the Bank
as R part of itn le^ral surplus, to avoid what we think
unjust and excessive local taxation.

This Bank holds

&

INVESTMENT BANKERS,

BOSTON STOCK EXCHANGES.

North-Western Nat'l Bank,
CHICAGO, ILLINOIS.
Capital, $200,000.

STREET,

BOSTON.

'}

'^ovh.

Chas. H. Potter

Estabrook,

BANKERS,

*>»'• 'Vf(etn«<«<{

^ew

WESTERN.

Cobb

Brewster,

ATI.ANTA, GEORGIA.
-Juno

of

ENGLAND.

Gate City National Bank
Ma

©wt

IJrofeers

[Vou XLm.

|;66,553,S87 BO
. .

62,891,148 37

$13,862,389 13

(Snrplas ob N. Y. Standard i's per cent
Interest, $17,495,329,40.)
Surplus over lAabUiiUs, on everystandard of valuch
any other Life Aerurance Com-

tion larger than that of

pany.

New

ASStTRANCE in 1885
f96,011,37800
367,338.846 00
Total paid Policy-lloiders in 1885
7,138,aw< 06
Paid Pollcy-Uolders since Oivanlutlon 88.211,175 63

OUTSTANDING Aa.SLKANCI

INCOUI

In

IMS

16,W0,06813

October

16,

THE CHRONICLE.

1886. J

SnBuratue.

vu

Insitvattcc.

The United
Ilf

(OBQANIZKO IN

BCRFOIU), Piestdent,
C. P. raAuaoH, Sae'T. A. Wmmmlwuiobt, Aut 8ao.

Wm.

An

WALL

C03IHI>>SI09f
Memban of

HKW TOBK,

JkntUtfT

!23.

1886.

lat JaanatT, 1889,

to

31rt

DMMiber, 188S

«3.85e.«18

M

FlBMlliiin on PoUelce not marked

• la(Jannar7,lS83
Total Marine

I,339,sa9 10

Premlnma

markei]

ofl

90,196,143 76

from lat

Jmoaiy, 1883, to 31K Oeeember,

93, 770,004

1885

Lc M ee paid dortnc the

T. 6TAM1KII, Actiurr.
the proflu btiong to UisFDlier-boldsn ezeta-

a* nUatectorr proofi lure beta rsealTail.
Thit Cooipanjr Ixsdm all forau of Intonuiea, InaladlncTootlna and Limltad afoo-rorfattlnc) Ton

Tbe OoMpaar has Um rollowlng Assets.
United States and State of New

ORIENT,
Standard

Tack Sloek.

CItr.

i.soe.i4s sa

SM.a9T SS

aUtT, aatBfat tbt poptUaiitir and tiiiiiiMi of Uilt eompaaj.
GOOD AOKfTS, dailrlnic to rspiaaant t^ Caai>
pan J, ars lnTlt«] to addreaa J. 8. OArrirST. 8npar>
te ndant of AMfictaa. at lloaia OMea.

SIX FBB CKRT UrCBRBar on tha
lac aartUeatas of proilu wlU be paid lo tka
boldanthaaeof. or their Irol repressntatlTes,
aanid afMrfteadar. the 2d of FlBhraaiT aaat.

THB OtrnTAHDafO CBKTIFICATES

of

ot 1881 wUi be redeeaad and paid to
(harsof, ertkelr leBal r^raseatattres. on and after Toesdar, the 3d of Fobroarr
Mzt, flea whieh data aU latanat thanoavW
•Msa. Tfca aai i Haa s
>a i l iiianttfcs
t

I

W f

n

eENERAL TRANSATLANTIC CO.
IfBW YORK am* HATRB.
From

Pier (new) «. North Bivar. foot of Morton 8L
Trsralan dt tbu lint arold bota tnatit by bslltk
rallwar sad the duaoBforts tt •etaiai tha Channel
10 a tmall boat.

1^ (-11 AMI-AU.NK. Traub
LA NUK>:AM>IK.d« Kr

•^' Get.
•—8st-

~

LABHrrAUNB.dt Jou

fTOat. JO.

T A.

W

if.

i

laalBdlna wint. baMlna and atanalU. lUtarn tlaksla at Ttrr raducad ntaa. Cbaefcion Banqot
Trantat Italia aa. uaTrt and Partajn aaioanta to tail.

Bpartal TralB fyoai Harra t« Paris.
The Oompasnia Otntralt Trantatlintlqot dallrtrt
lU oSaa in Ntw York ipttlal train tlokau frooi
UaTia to

«

H. B. Moore,

Babart B. Mlatam,
CharleeB. M^rthsll.

James Low,

Fraderiek H.Ooaaltt.
WUIiam Brras,

Wa.StatSls.
Bamamia H. Field.

JohaBUlott.
JssMS O. De Forest,

ieaiahO.Low,

Chariaa O. Levecloh,
Oeddlncton, JobaL. Biker,
Dssroot,
R. Denton Smith,

ThomsaB

WBUam

s

an saOtar,

Oeorxe

WmiamB. Dod«e,
Wnuam H. Maer,

a A. Hand,

Isaae Bell.

John D. Hewlett,
WUIIsm H. Webb,

CbarUa

P. Bordett,

Bdmoad W.

Bliss.

Henrr E. Hawler,
WUllam O. Morgao,

Bdvard Flord-Jonaa,
AaaoaW. Bard,
Thomas Maltlaad.

CorltaH

JOHX

D. JOBBS, Praatdsat.

CBABliBB DBirinB,

Tlea-FraaMrat.

W. H. H. MOOBB, Sd Tlea-Piaa^
A. A.

RAVKV, Sd Vlea-PrMldaM

I

WILLIAM STREET,
lllANOVICH »OUAHB.»

SECURE BANK VAULTS.

In

Boond and

Plat

FOR

Ban, and S

plj Platat

and Anglai

SAFES, VAULTS, Ao.

Cbnaot be Bawad. CdI nr

nrllled,

and

praetloalll

Bnrnlar- Proof.

CHROnE STEEL WORK8,
BROOKLYN,

Clrenlars Free.

JOSEPH

N. T.

LLOTTS
STEEL PENS
COLD MEDAL PARIS EXP0SIT1OH-I87B.
CI

THE MOST PERFECT

Bassaca nbaatad thronsb to ParU
withoat aTtailnttlop it llaara, prOTtdad paatansan
ha*a tha tame SallTtrad at Uia Compaor't doet ts
New Toife. Piar t» Nortb RlTar, foot of Morton Bt_
at laaat two boon btfurt tbe dapanaca of a itaamar.

••on BB

OF PENS

<i^0ttou.

BBBIAIf, AcoDt,

Alexander

fa. 3 Baarllnc Oraea.

&

CargiU,

COTTON BROKERS,

AUGUSTA, GEORGIA.
pitscellaiLeous.

i

&

Co.,

Bo

MsaBfaataran and Oaaltn

m

COTTON SAILDUCK
BAOB. "AWNINO BTRlPia.
Alto, Aiaott

STATBS BVNTIBtO

A fan aapplT. all

New

COTTON BROKERS,
BBAVBR STRBBT, NBW TORB.

G.

Schroeder

naana

Fabyan &

Co.,

York, Boston, PhlUdelphls,
AOBNTg KOR LBADINO BRANDO

LUKO

NR^V YORK.

WALDRON

A.

TAINTER,

COTTON MERCHANTS,
COTTON EXCHANGE RUILDINO.
SPECIAL,

ATTENTION TO COTTON FUTCRES

BROWN * BLBACHEB HHIUTIPGS Geo. Copeland
AND NHBBTINOB,
Toiraia,QalUa, White Ooodaft Hosierr
Drill; ahetting; lU, for Sxpari Trattr.

W.

Co.,

134

PEARL STREET, NEWVORK.

F. Hoffmann,
COTTON BROKER AND AGENT,
Law 38 RKB PE LA BOPR8E. HAYRK.
JOHN H. CLISBY & CO.,

Porter,

Attorney and Couniicllor nt
No.

&

OOTTOR BROKERS,

Fanrra. dknim8. ticks, dcckb. m,

William

Co.,

Cotton Exchange Bnlldlng,

CO.

atroat.

&

WARE A BCnROEDBB.
COTTON COMMISSION MBROHANTS,
Baaeattorato

WIdtbi aad Ot^ara. alwart In ttoak

mn. ion

Bliss,

Walter & Fatman,
(S

kladt of

CAKYAS, rSLTIHO DUCK, OAB
OOTBRinO, BAOOINO, RATBNB DUOS, BAIL
TWIRBB, He, "OltTABIO" BBAMI.S88

Olf ITED

atlra attantioa alTaa to porahata of COTTOB
for BP1NNKB8 and BXPOBTBRS.
CoiutBspoirDSNoa Souoitbo.
RsrsmsNCSS.— Mallooal Bank of Ansatta, Oa
Hanry Uaati A Co., Conunlttlon MaronianU, New
Tork William B. Dana A Co.. Proprtaton CoimB.
ciAL A rijcAjiciAL CaBonoi.i.and other Mew York

TO ORDBR

Brinckerhoft, Turner

Adolph Lemorae,

D.

No.

Partt.

OOTTOIt

TR VSTBBSt
J.

prompUy azacutad.

at

AndaU

CkariasOoBol^

8TATIONKR AND PRINTER.

7 A. M.

10.

Paica or PAaaAoaiioeii
PtrtteaMn. tloOaadfW; teeoaa aaMa. taoi

•d

Saeretarr.

ISBB.

Direct Line to France.

te

dselarad a* tba na* aaraad iiimUbh nf iin
0""9>a7. far tha year aodinx «lat Deoember,
1S86, far whlek eactlflaalas will be lasned oo
aflar Taaadaj. tha 4tt of Mar nan.
Br orttr a( tha Boaid.

H. CHAPIHAIf,

8TABLI8HBD

i

A OITIDBBD OF FOBTT PBB OBIT

*

ox L.W

timaaf paymsBtaad aaaeslad.

J.

OF VIRGINIA.

Hlsb Oradt Prrltet free from Ananlo.

iiteamships.

tea.

912,740,3:6 46

t.

SULPHUR MINES COMPANY

WELDED CHKUME STEEL AND IRON

•tkarSloeks
«»,084.«aB
Laaae seeored by Stocks and
ottarwlse
1.4S8.eo
••I Batato and Claims doe the
Ooovaa/. estimated at
530,000 00
Preoilam ITatas and Bills Be-

MtTBbie

I.

SappUat Banka. Bankers, Stock Broken and Corpo.
ratlont with oomplela outllu of Aooonnt Boott and
Statio nery
DT' Ngw oonoemt organlilna wlU hsTO their ordva

Bank and

aah in Bank.

L.

Superphotphatet.

One ootb'i grace allowed In tha parmant of
PraailBmi on Tontint Pohdaa, and Un daja' craoa
oa an othafa, tht Injaraoca temalainc In fall foroa
darlns tha vract,
Abaolau Mcorttr. oomblaad with tha lamat Uber-

42

Tta,:

Warm

ORIENT GUANO MANUFACT'G CO^

tina.

•1,915,030 67

»77y,713

CO.,

KICUMOND, VA.

Engrene Re Cole,

Premiums and Ex-

of

the Cotton, Coffee and Prodaoe Exoh's

Standard Brandt of Flunr for Bhlpment to
Cltmatot alwayt on band.

Ail PoUaias Imad bj thii Compaoj an orDiaPDrABLS aAarthree xaKra.
All n aath CUlnu paid winoirr discocst at wwd

mae
.

Batona

30

Wisner,
NEW YORK,
nERCHAKTS,

THE HAXALL CRENSHAW

•iTelr.

Tbe Tnatatt, In eonfonoltr to the Charter o.
the CoapaB7, nibiiilt the foUowtnx Stmtement
ot its aMUt% on the 31st Deoember, 188S:
FNiDlaaMoa Marine Blaka from

ST.,

AosscY or

York.

a. H.

Mutual Insurance Co.,

71

ISBOJ

* 268 Brosdwaj, New

861, 268

&

Crenshaw

States Life

Insurance Co.
TUB CITY OF RBIV YORK.

OFFICE OF THE

ATLANTIC

I^XiscclIaxicous.

823 WAIJiUT 8TKKET,
PbiladelpliU^ Pa.

Corporation. Transportation and Comiatrolal Law.

COTTON BUYERS,

RirxBSNcni:—Tbe TnutCoapanlat, Tba Natlona

nONTGOniERY, ALA.

and Railroad Coiapaalat In
daat of aoT of ibaCoorta,

Phlladalplila,

and

Purchase onlt on oiidkbs Koua CoMMiMioa

THE CHRONICLE.

Tfi)

Cotton*

Woodward &

lOCfTOBEE

<l!^0ttou.

Stillman,

Geo.H.McFaddea&Bro.
COTTON MERCHANTS,

18 Exchange Place,

INM AN, S W ANN & Co

PBILADE1.PHIA.

NEir YORK.
loans maob

o.v

acceptable

LiTinPOUL CtBHESPONDENTS,
seci7ritibs.

PREDBRIC ZBREGA &

COTTON MERCHANTS,

piciai. Attention to Orders for Contracts
FOB FCTORK DEUTKRT OF COTTON.

Mew

PUII.ADEI.PIIIA.
4') MAIN STREET,
NORFOLK, VA.
SPINNERS' OltDEItS SOLICITED.

G. E. Staenglen,

NEW YORK, NEW

Cotton Commission Merchants,

Cotton Exchange BalldlnK, NevrYork.
Special attention

gWen

to the purchase

and sale of

FUTUKB CONTRACTS
New York and Liverpool.

C.

J.

19 South \rilllam

COTTON COMPANY OF STUTTGART.

BUYERS FOB AMERICAN

1

& Co

NEW

BABCOCK&CO.

Co.,

New York

SAML

U. BABCOCK,
32 Xnssau Street, New York.

leXisjcjeXIaneons.

ORDERS EXECUTED IN

YORK, CHICAGO, ST. LOUIS,
LIVERPOOL, HATRE AND
NEW ORLEANS.

YORK.

Comp'y

40 and 42 Wall Street,

NEW

City.

Receive consignments of Cotton and other Produce,
and execute orders at the Exchanges in Liverpool.
Represented In New York at the office of

YORK.

Nenv ITork.

nianliattaii Ralldlns;,

BAGGING.

WARREN, JONES

Cotton, Coffee, Grain and Petroleum Bought and

Kxeluuiges in

NORFOLK, TA.
Liberal advances made on Cotton consignments.
Special attention given to the sale of cotton to arriveorln transit for b'lth foreign and domestic markets. Orders for Future Contracts executed in New
York and Liverpool.

COTTOX, CRAIN,
PROVISIONS, COFFEE. Bethlehem Iron

COTTON EXCHANGE BUILDING,

Bold for Cash, or carried on Margin, on the various

Co.,

PETROLEUM, STOCKS,

,

iCOMMISSION MERCHANTS,

&

iriliLIAm STREET,

MFILS.

elma, montgomery and Nenr Tork.

NEW

&

Williams, Black

COTTOJV.

Reid

B. F.
COMMISSION MERCHANTS,
IT IVater Street, LIVERPOOL,

Paid-Up Capital. R. M. 6,000,000.

St.,

NEir YORK.

R. Macready

ORLEANS,

AGENT FOR

Co.,

51 Stone

St. &:

Price,

Cotton Brokers & Commission Mercbante,

Authorized Capital, R. H. 20,000,000,

&

Graham

Cotton Commigsion Merchants,
No. 116 CHESTNUT STREET,

York.

No.

& Co.,

Robert Tannahill

CO.

Edward H.Coate3& Co.,

COTTON, ALL GBADE8, SUITABLE TO WANTS
OF SPINNERS
Offered on Terms to Soit.

In

H86.

®l)ftt0tt.

MERCHANTS,
FostBnildIng, 16 &

16,

GRATZ

&.

Mohr, Hanemann& Co.,

ST. LOUIS, no.
H^lanufacturers of Pure Jute Bagging.

COTTON EXCHANGE BUILDING,

IRON COTTON TIES.

IMPORTERS OP

Henry Hentz

&

Co.,

COMMISSION MERCHANTS,
8 South \rilllam

St.,

IBXECUTB ORDERS FOR FUTURE DELIVERY

OW

C O TT

NEW YORK, LIVERPOOL AND NEW ORLKAN8 COTTON KXCUANGES. Also Orders for

St the

COFFEE

at the

and

NEW YORK PRODUCE

EXCHiVNGE and
the CHICAGO BOARD OF TRADE.
Correspondents
Smith, Edwards

Ile8<;r8.

&

Co.,

%nsnvnnct,

Special Attbntiom Givek to the Execution

OF

ORDERS FOR FUTURE CONTRACTS.

Gwathmey &

195 Broadway, New York City
Company 1st Day of Jan., 18E6
CASH CAPITAL
11,000,000 0«

Bloss,

statement of

COMMISSION MERCHANTS,

Cotton Brokers,

No. 123

PEARL

ST.,

Orders lor future delivery of Cotton executed

New Orleans, La.

Co.,

Lehman, Dcrr & Co
Montgomery, Ala.

LEHMAN BRO'S,
Cotton Factors
AND
ooininissioN sierchants,
No. 40 EXCHANGE PLACE,
XKUBSBS OF THE COTTON, COFFEE AND

PRODUCE EXCHANGES.

Dp-town

Office, No. 204

Church Street,

NevF Ifork.
Orders executed at the Cotton Exchanges In New
York and Liverpool, and advance^ made on Cotton
to us, or to our corresin Liverpool: Messrs.' L. llosenheim k
A. Stem& Co.; in London, Messrs. B.

Newgass &

Co.

New York and
visions In

John

L.

New York and

in

Bullard

&

Co.,

COMMISSION MERCHANTS,
COTTON E.XriIAN«E, NKW YORK, and
NOKFUI,K, VA.

COTTON, GRAIN. PROVISIONS,
Stocks and Petroleum.

Orders executed
erpool.

wants

in

New

York, Chicago and Liv-

All grades of cotton suitable to spinners*
offered on favorable terms.

iETNA

Chicago.

henbt

Bcxxard.

&

H. Wheeler.

Wheeler,

COTTON COMMISSION MERCHANTS
NEW YORK.
ALSO

RAGGING AND IRON

TIES,

(FOR BALING COTTON).
Advances made on Cotton Consignments and Special
Attention given tu purchase and sale of

CONTRACTS OF CX>TTON.

Insurance

Company

OF HARTFORD.
f4,000,000 00

Capital
for unpaid losses
re-inanranoe fund

Liabilities

FUTURU

and
Net Surplus

Co.,

No. 3 Cortlandt

Assets Jan. 1, 1886

Dennis Perkins

&

135 Pearl Street, Neiv York.
Orders for Spot Cotton and Futures promptly
executed.

FELL0WE8, JOHNSON & TILESTON,
COTTON, sto<;ks, RONDS, &c.,
26 WILLIAM 81 REST, NEW YORK.
Orders In " Futures" exesuted at N. Y, Cotton Exib

President.

WM. R. CROWELL. Vice-President.
PHILANDER SHAW, Secretary.
GEO. U. FISKE, Assistant Hecretarr.
FRANCIS P. BURKE, Sec'y Local Sep'U

Liverpool; also for Grain and Pro

COTTON BROKERS,

Rountree

2.845,048 84
844,473 63
714,167 12

STEPHEN CROITELL,

and other produce consigned
aondents
Sons and

Reserve for unearned premiums
Reserve for unpaid losses
Netsurplua

{4,910,483 36

NEW YORK.

Lea McLean, New Orleans.

Lehman, Stern &

Phenix Insurance Co.
OF BROOKLYN,

:

liverpool.
Jas,

York.

Office,

NEW YORK COFFEE EXCHANGE,

ORAIN AND PROVISIONS

at the

New

New Tork.

JA8. A.

2,057,776 21
3,202,320 41

$9,360,096 6S
St.,

Now

ALEXANDER.

Yorlr

Agent.

6 OMMER CIAL UNION
Assurance Co., limited,
of london.
Office,

Cor. Pine <t

WHUam St*., New

Tori