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MAGAZINE,
MERCHANTS’
HUNT’S
& WechUt
§hu'.$))a))cx,
INDUSTRIAL AND COMMERCIAL INTERESTS OF THE UNITED STATES.
[Entered according to act of Congress, in tlic year 18S1, by W.u. 1!. Dana & Co., in the otlieo of tbo Librarian of Congress, Washington, D. Cl
REPRESENTING
THE
NO. 1,008.
SATURDAY, OCTOBER 18, 1884.
39.
YOL.
THE CHRONICLE.
Clearing-House Returns
The Financial Situation
Conservatism in Dividends
Sales of New Lands
The Projected Congo;
419
...
Confer¬
ence
Monetary
and
Commercial
English News
420
422 Commercial and Miscellaneous
News
423
425
GAZETTE.
Quota' ions of Stocks aud Bonds
New York Local Securities
Railroad Earnings and Bank
THE BANKERS’
Money Market, Foreign Ex¬
change, U.S. Securities, State
and Railroad Bonds and
....
429
Sto ks
Range in Prices at the N.
Y.
Returns
Investments, and State,
aud Corporation
430 j
THE COMMERCIAL TIMES.
Stock Exchange
Commercial Epitome
Cotton
large part of the diminution in the volume
of exchanges, and when to this is added the almost
universal dulness of trade, it is not surprising that the
427
showing should be less favorable. After New York fol¬
428
lows Providence. with a decline of 31*1 per cent; St. Louis,
23-1; Louisville, 21-9; and Springfield 21*4. The returns
431 from the different cities, in our usual form, are as follows.
432
account for a
CONTENT8.
433
.
!
Week Ending
%
City
Finances... 434
444
437 I Breadstuffs
438 I Dry Goods
445
1884.
i
i
: Per Cent.
1880.
Thb
Commercial and Financial Chronicle is
New York every Saturday morning.
published in
[Enterod at the Post Office, New York, N. Y., as second-class mail
SUBSCRIPTION-PAYABLE IN ADVANCE :
For One Year (including postage)
$10 20
For Six Months
do
6 10
Annual subscription in London (including postage)
&2 7s.
TERMS OF
3884.
j PerCent
$554,002,099
-27-0
(1,002,500)
(077,500)
(30,858,000)
(51,828,000)
-(47*1)
(+37-2)
(-13-5)
(-12-4)
$04,427,808!
-139
i
(897,200)! (-5S'7)
(31,721,940) (-4S-8)
(81,291,000) i (--30'7)
$73,304,512 n -12-2
0,009,000 —31T
1,094,194 -120
+0-0
1,105,003
*04.308,310
4,139,200
1,480,339
1,172,313
950,805
831,090
Providence
Hartford
New Haven
Portland
!
Worcester
(2,090,350) (-44-81
(1.150,003);
(370,990)
(26,004,012)
(50,308,000)'
(Stock*....shares.)
hales.)
(Cotton
(Grain.. .bushels)
(Petroleum, .bids.)
Boston
matter. I
-40-4
j $490,582.47?; $833,905,948
Sales of—
3pxe ©hrauiclc.
Ending Oct. 4.
1
'
New York
Week
October 11.
-28-7
1,003,775
—51
912,312
—3-3
3,707,400
1,077,403
1,180,707
054,524
838,734
-2P4
724,755
-1P3
-IPS
398,050
-29-7
$73,975,441
—15'1
-20-5
-28-3
-8-8
-6-9
-20-9
Springfield
7S1.453;
993,844
do
do
£1 8s.
the Investors’ Supplement, issued once in two
months, and furnished without extra charge to subscribers of the
Lowell
530,818
008,523
$74,310,000
$35,090,795
-133
Chronicle.
Philadelphia
$53,907,005
8,107,540
14,575,018
-14-2
—52
$19,889,730
8,227,166
13,101,873
$07,723,705
$70,710,829
-11-7
$71,219,009
-195
$43,233,490
8,005,800:
$51,301,245
10,184,100
-ll-s
-14-3
3,392,09 ij
3,232,187
3,500,352
$30,921,110
8,514,550
4,030,321
3,051,207
1,221,071
2,114,022
1,382,850
930,144
-ru -
$72,202,541
-13-8
-231
$13,985,592
6,058,389
4,351,000
3,814,361
-170
do
Sixmos.
These prices include
Subscriptions will be continued until deduitcly ordered to be stopped.
The publishers cannot be responsible for remittances unless made by
Drafts or Post-Office Money Orders.
A neat tile cover is furnished at 50 cents; postage on the same is 18
cents. Volumes bound for subscribers at $1 00.
Offices In England.
The office of the Commercial and Financial Chronicle in London
is with Messrs. Edwards & Smith, 1 Drapers’ Gardens, E. C.. where
subscriptions and advertisements will be taken at the regular rates,
and single copies of the paper supplied at Is. each.
The office of the Chronicle in Liverpool is at B 15, Exchange
Buildings.
WILLIAM 3. DANA.
JOHN G. FLOYD.
) WILLiIATH B. DANA & Co., Publishers,
\
79 A: 81 William Street, NEW YORK.
>
Post Office Box 958.
Total N. England
*
Pittsburg
40,288,110
7,019,004
Baltimore
13.818,081
Total
Middle....!
Chicago
Cincinnati
Milwaukee
:
1
Detroit
Indianapolis
:
Cleveland
1
1,325,060
2,155,959 :
1,100,000
918,929
Columbus.'.
Peoria
Total
Western...’
j
—0'7
—15'5
—
i*7
—1-0
3,205,011
1,015,911
—18-0
2,130,029
+1*2
1,131,075
1,019,903
—9 6
j
$74,211,280
$13,729,127,
$17,852,943
$05,994,131
1
St. Louis
l
-
o~
—18-4
-8-5
-2PG
-180
+3-2
-11-8
—29-7
-41
-48
-121
-18-0
9,080,777
7,898,054!
New Orleans.......
RETURNS.
—15-2
3,030,232“
4,049.45? -2P9
Louisville
-1-10-8
The clearings for the week under review do not. as a Kansas City
+74-4
3,953,205;
2,200,030
{
-32-7
802,307
-2 7
1,153,733
1,122,555!
Memphis.
1
whole, make so favorable a comparison with the correspond,
—14-4
$29,012,149
$35,602,000 -119
Total Southern..!
$30,33 l,u~3
mg period last year as the previous week’s figures did.
-0-4
-9-5
$13,391,262
$10,S11,129I $11,940,050
San Francisco
Outside of New York, however, the showing favors this
—230
$814,453,1G1
Total all
i $745,703,005 $!.l 18,164,474 —33-3
week, for while tho Total decline from 183d is 83*3 per
The foregoing brings down the movement only to Octocent against 23-G for the week ended October 4, with this
ber 11.
We have arranged to have telegraphed to us each
city excluded it reaches only ] 2-3 per cent against 15-3
week the clearings for the five days ended with Friday,
New Haven, Cleveland and Kansas City are the
per cent.
at a few of the more important points covered by the fore.
only points which report larger transactions, although at
indication of the course
Detroit the falling off is very slight, being only one per going statement, so as to give an
of business up to Friday night when we go to press.
cent.. At New York the sales of stock aggregate only
This week we have only received the following, but
about $75,300.000 in value against $147,000,000 in 188bshall hope to make this portion of our statement more
if we deduct double these amounts, there will be left for
the exchanges arising otherwise only $345,582,000, against complete during future weeks.
Five Days EmVg Oct. 10
Five Days Ending Oct 17.
$539,905,000, or a loss of 36 per cent. The sales on the
various other Exchanges show a large decrease, due iu a
Per Cent
1884.
Pe
Cent.
1884.
1883.
j
measure, no doubt, to the excitement consequent upon, and
-4P5
-43-3
$411,794,606
$435,502,080 $768,257,771
New Yorn
(-45-7)
-52-9
(023,570)
the uncertainties appertaining to, the coming election.
(1.328,028)1
.(2,822,547)
Sales of Stock ((shs.)\
-13-9
-20-7
$38,500,307
j $39,842,136j $54,332,935
The aggregate movement of crops does’ not differ Philadelphia
3 4*3
10,577,560;
12.320,218
Baltimore
!
-3-4
j 12,524,704j 13,075,124
materially this year from last, but it must be remembered St. Louis
1
•
n’ntal
! *498.507.149' *848.592.0 «K
that the prices obtained are much lower; this alone would
CLEARING HO USE
j
.
.
r
i
■
—
••••••••
—
—41-2
_...
THE
420
CHRONICLE.
THE FINANCIAL SITUATION.
There is
nothing
market this week.
election it
Wheat from India—July.
to offer with regard to the stock
days previous to the Ohio
report that that event, if the result
new
Quantities in cwts
For many
Value in rupees
was common
anticipated, would mark the turning point in specu¬
lation.
The early news from the State fully met the
expectations of the chief speculative holders, and yet instead
of going up the market obstinately went down.
Cool
weather very suitable for curing corn and encouraging
fall business lias prevailed, but crops unmarketed have
ceased to be a feature any longer, and with no consider¬
able improvement in railroad earnings, with all trade slow
and unremunerative, with manufacturers, especially cotton
and woolen mills, further reducing production, the public
inclination to keep out of Wall Street seems still in control.
A. source of increasing worry, if not of anxiety, has
been the wheat situation, which is becoming more promi¬
nent and pressing under the slack foreign demand for our
surplus now existing, while the movement from farmers’
hands is so free that a rapid piling up of visible supply
here and in the West, even at present low prices, is the
result.
Supply in sight weighs about as heavily upon
Europea.'i markets, whether it is in New York, Chicago or
Liverpool. We found that out clearly enough during our
unfortunate speculation of the last two seasons.
Hence
the average price at London goes down, down, down all
the time as if there were no value at all to this staple, it
being reported at 117s. Id. per quarter July 26, at 26s. 4d.
August 22, at 21s. September 12. at 32s. September 27.
,
came
in the rate has been
a
little steadier,
Value per
bushel in cents,,
1882.
18-3.
1,011,553
3,351,121
1,991,530
44,30,019
1,42.57,171
80,92,710
4 33
4'25
$1 08
$1 01%
1884.
4-03
$1 00
The above
only confirms the conclusions reached last
producers evidently mean, for the present at
least, to keep their crop. But all this will have no impor¬
tant effect on price, until the point is reached at which it
pays the American farmer to hold on to his wheat.
So
long as he is sending it to market freely, holders might
much better ship it abroad at any price that can be got for
it, than leave it piled up in New York and Chicago.
As regards the coal trade, which is causing some uneas¬
iness, it slioiTd be remembered that short time at the mines
was made
in December last year, production being sus¬
pended nine days then, against the two weeks now an¬
nounced, so that the comparison is not so unfavorable as the
bare statement at first appears.
To be sure there is an
additional stoppage of a week, beginning with September
30, for which there was no corresponding suspension in
1883.
But it was fully known that this must come, and
so long as general trade
continues without improvement,
the coal industry must languish also.
We notice that the
Iron Age published last week its usual compilation of
furnaces in blast and out of blast October 1, and from it
we extract the following.
week.
India
!
October 1.
Charcoal
18' 48.
! out
..| 180
is-49.
1S80.
1881.
:
1882.,
;
i8t S3.
1
84.
1
In.
Out
In.
Out, In.
Out
83
159
97
110 153
119
In.
Oat
1D3
In.
158
Out
In.'Out
145 134
175
In.
09
dealers (possibly under the stimulus Anthracite ••!**
corn) refused to yield further. But an- Bituminous... j 133 80 90 112 91 128 87; 134 111 128 no' 114 140 79
Total
..[454 251 c47 337 303 424 293 435 270 443 305 340 402 234
other fall can only be a question of time if America’s visi¬
ble stock keeps on increasing.
Here we see that the furnaces in blast were fewer, and
The exports of course
show very poorly, the following statement for September, out of blast more ,than even in 1878, although together
issued this week, furnishing a good illustration.
Wre add there were 9 less furnaces reported. All this is, of course,
the totals for provisions and all the figures for previous only one item in the coal trade, but it illustrates the
yet only because our
of the
•
..
Value per cwt. in rupees
was as
Since < Ictober
[VOL. XXSIX.
years,
corner
1
in
Sent.'tuber.
90!143
1
87
148
72 157
110
122 141
86
..
for comparison.
frow l'. s.
98 128
88
enforced economy in production which pervades pretty
much all our manufactures and coal users, and explains
3 Months.
3 Months.
September.'
September. 3 Months.
Quantities.
Wheat, .bu.
9.404.0S7
Flour. ..bids.
784, 57
28,381,049
2,I3S,‘ 20
Tot. iti bush.
12,982,343
38,000,810
8,967,820 21,570,904
675,097
1,874,054
17,200,10?
328,545
48,012,567
1,99»i,430
the need there is for short time at the coal mines.
A very healthful sign
tion sooner or later, is
and which must bring
the movement
recupera¬
indicated
as
in
in an article we give in a subsequent column
showing the sales of public.lands last year. Air. Greeley’s
*
*
*
*
?
$
Values.
Wh’t & flour 11,983,920 30,780,023 12,702,039 34,501,141 23,913,302 08,404,094
recommendation to “go West young man " appears to
£53,312
1,250,415
2,919,208
0,382,93?
3,044,4 *3
Corn & meal.
770,004
have been acted upon quite largely, for though immigration
4l< ,941
81,841
194,251
701,970
418,019. 1,233,001
live
&
itOat
has been very much smaller the takings of public lands have
52,730
IP. 1,383
575,208
83,321
4“
234,041
24,589
24,994
88,807
114,094 increased 1,500,000 acres over even the large total for 1882212,275
72,413
129,710
Barley
Total bread83.
Most likely speculators have got around the law in some
stuffs, value 13,101,994 41,973,044 10,235,241 45,424.193 24,002.001 70,081.590
7,453,784 22,007.779
8,00 i,431 33,948,742
J’roA Isions..
7,535,-02 20,112,709
way and have helped, swell these figures, but the sales
Total pro¬
i
must in the main represent actual settlement,
How long
visions
ami
!
can this process be in progress without leaving its mark
breadsl tiffs i 20.907,830 08,080,413 21,803,075 79,4 72 833 32,115.785 92,749,369
Oatmeal not stated in‘l.SS2.
upon our industries ?
Here are 56 millions of new land
The foregoing records an export of wheat reaching taken possession of by producers since 1880, and probably
only 12,922,3 12 bushels, at an average price of 92h cents a quarter as much more sold by our railroads, or 70 mil¬
this September, .against 11,305,763 bushels at $1 13 last lions in all, while during the same time population has
September, when the crop was so short, and 20,988,560 at increased say 10 millions! It surely seems, with such
$1 14 in September, 1882.
We are thus moving the crop conditions, as if some revival of business could not long
from farmers’ hands freely, though sending abroad scarcely be delayed—that after a little while, the enlarged demand
any more than we were in 1883, when we had 100,000,000 for consumption represented by this increasing force of
bushels less surplus, but are piling the receipts up instead workers, producers, consumers, must break away from the
at our centres of trade. -- In India,.price seems also to have restraints which have held it in check so long.
Our anticipations expressed last week of a permanent
affected the outward movement materially.
In our article
on
Wheat Production last week we called attention to and speedy settlement of all pool difficulties, have not been
the considerable falling off there had then already been in fully realized,
in fact, an appearance of unrest seems just
the exports from that country this year.
Through the now to pervade railroad circles. The retaliation of the
kindness of the Secretary of the Government of India, Baltimore
Ohio upon the Pennsylvania for cutting off
we have this
week received the figures for one month its New York connection, has led to the opening up of the
new passenger
later, and they are as follows.
through route over the West Shore and
11,305,705
1
s
30,000,847
20,988,500
57,010,002
progress
‘
o
me
'
1
..
*
1
„
'
October 18
1884.]
421
THE CHRONICLE.
“Scalpers’ ” tickets, it is stated, are being the whole year in a triangular fight with the Buffalo New
York & Philadelphia and the Rochester & Pittsburg (new
sold over this route at material reductions from the regu¬
We should not be
lar tariff.
There are also reports from Chicago, which competitors) on coal to Buffalo.
seem to have a basis of truth, that
East-bound business surprised to find that the loss on the coal business had
been of greater consequence than that arising from any
is still being done at the 15 cent rate, although the order
other influence.
Anyway, some such circumstance as this
restoring the tariff was issued a fortnight ago. The
must have combined with the depression of trunk line
Western roads also have been engaged in a passenger rate
business to reduce the Erie’s receipts, otherwise it seems
war from Chicago to Missouri River points for ten days
incomprehensible how the company could in a single
past and now tickets are being sold at such low figures as
must make serious inroads upon the revenues of these period of twelve months have lost the large sum it has.
The latest actual figures to hand are those for August and
lines.
So far as is known, the agreement between the
the eleven months ended August 31, and these we compare
same roads to maintain freight rates has been adhered to ;
below with the corresponding figures for the four years
but if this bitter passenger war continues, it is impossible
Grand Trunk.
preceding.
how long the freight compact will hold.
Under all these circumstances, it is not surprising that
N. Y. L. Em
<fc
there has been no spirit in the Wall Street speculation,
An just.
and that some stocks have touched the lowest point of the dross earnings
to say
WEST.
1884.
*
1.534,427
913.193
Operutiug expenses
1881.
1-82.
1883.
%
$
*
*
1,843,144
2,003,4-4
1,000,94.3
1 095,008
1880.
1,772,8 5
1,095,523
1,000,873
957,085
049,188
077,372
thus far. Properties which are forcibly held up
748,070
908,521
021,234
Net earnings
131,541
18,942
keep up, but the rest have fallen materially. New York Prof N. Y.P.&O.lease
049,188
748, o70
1,100,005
010,110
Result
Central sold yesterday at 80.V, and Lake Shore at 07 J.
Oct. 1 t
S' yt. 1.
Reading and the Central ol* New Jersey have also tumbled,
15,880,238 18,400,528 18.< 05,8.'. O 18.983.4(0 10,200,091
Gross earningS
12.103,718 10,015,020
rumors of financial difficulties being abundant, the claim
2,i 10, Lev
11,182,905 12,4.5,902
Operating expenses
0,291,005
0,87 «,t‘98
0,070.40
<
0,034,5 O
4,718,273
Net earninwr8
being made that the November interest will not be met,
*280,OS0
312,592
Loss
N.Y.P.&O. lease
and that the guaranteed dividend on Central New Jersey
o.2i 1.005
•V*7»».
rt.-ej-v’"
4.300 r,<)
will be lowered.
Of course, the latter rumor involves the
in
ay 1.
further possibility that the Reading will lose the Central,
Thus the company has lost in these eleven months pretty
all of which reports are made plausible by reason of the
bad condition of the coal trade already referred to.
Other nearly two million dollars in net, a falling off of over 30
it will also be seen that the total is very con¬
statements unfavorable to other properties have found per cent,
circulation, some of which have had the appearance of siderably smaller than in any other year given, so much so
that only the exceptional combination of circumstances
truth, so altogether the situation as the week closes is far
As
cited above could have brought about the change.
from satisfactorv.
New York Lake Erie efi Western directors had a meet¬ stated, the company had in the fiscal year 1882-85 a sur¬
plus of $1,2(15,485 above all the requirements for
ing this week, at which Mr. Jewett fixed November 1 ns
the date when his resignation should take effect.
Accord¬ interest and rentals. In the eleven months of the fiscal
ing to previous understanding Mr. King was elected to year just closed there is a loss in net earnings, accord¬
take Mr. Jewett’s place on the date mentioned.
As the ing to the above, of $1,929,571. Assuming that there has
no
increase in the iuter.vn enrge over the
been
company’s fiscal year ernls September JO no complete
figures for the late year could be furnished, but Mr. previous year, and that the miscellaneous income
was
also unchanged from that year, that would give
Jewett took occasion to say that the results had been, all
us
a
deficiency in meeting the interest on the
things considering, very favorable, and that the road had
second. consols of $GG4,08G, to be increased by what¬
fallen only about $700,000 short of meeting its charges,
ever
falling off the twelfth month — September —
including interest on the second consols. This, he goes
As Mr. Jewett fixes the deficiency for the
shall show.
on to say, was “better than he
had for some time antici¬
pated.” As in the. previous fiscal year the company had a year at $700,000, it would seem that he lias made no
allowance for a loss in September.
Yet. the September
surplus of over 1 \ millions, the difference between the
net last year were unusually large—namely, $1,037,412,
two periods is very marked, and it is possible therefore
bondholders and stockholders of the road will not share Mr. against $811,281 in 1882, $581,083 in 1881 and $758,1 19
In August, when the earnings last year were
Jewett’s view in rega. ding the present exhibit as “very” in 1880.
also very large, the falling off in the present year
favorable, even after naming due allowance for all the
4'he conditions in September
adverse circumstances that the company had to contend amounted to $400,000.
with.
Still, the Erie has suffered more drawbacks than having been very much the same as in August, it does not
seem possible that the company could
have come up to its
most roads, some of them of a serious nature and peculiar
last year’s total for that mouth. 1 fence it is not unlikely that
only to its own class. Among the general public the dis¬
when the report is finally made up, the deficiency for the
position is to attribute the road’s great loss in earnings to
the' demoralized and depressed state of trunk line busi¬ year will he greater than Mr. Jewett now states it.
Central Pacific has issued its August statement of earn¬
ness, and to the unsatisfactory condition of all industrial
and manufacturing interests.
The Erie has no doubt suf- ings and expenses, and, as in the case of previous months,
This is somewhat
fered in this way, in common with the other trunk lines. the exhibit is quite unfavorable.
But the fact seems to be lost sight of that the road, besides unexpected, because the decrease in gross earnings,
being a trunk line, is also one of the leading coal carriers reported at the close of the month, had been less than in
of the country.
Indeed, the steady gain in earnings other -recent months, and it was known that the loss
which the road was able to show for a number of years, occurred entirely on the through business, the local
and to which its prosperity in that period was due, was in business (paying the best rates) showing an increase. But
very large measure the result of an
extraordinary it appears that not only were gross earnings less, but
development of this very coal traffic. The bad state expenses, on these decreased earnings, were more than a
of
that trade now
must
have
had
an
import¬ year ago, so there.is a loss for the month of over $200,000
ant
effect
in
the in the net. Evidently, for one reason or another, tho
diminishing the traffic over
line.
Then, besides, the road has been engaged almost Central Pacific cannot as yet be placed within the category
year
on
>
3
on
*ii-»
*
%/
i
.o ..—11\
a
r .>
5 »;<♦'
THE CHRONICLE.
422
of roads that
regular saving in expenses.
comparison is not improved, either, if we contrast the
of the
[VOL. XXXIX.
bank
and not
the Clearing-House asso¬
following statement, made up from returns
collected
present exhibit with some of the vears further back—sav
by us, exhibits the week’s receipts and shipments
of gold and currency by the New York banks.
1882 and 1881, as the following table will show.
The
effecting
are
t
Central Pacific.
a
IS S I.
August.
5
Gross earnings
Operating
|
..
|
1883.
i
$
1,348,031
2,350,557
1,420,150
2,088,519
1,212,030
4)18,912
930,407
870,489
16,583,176
10,525,997
14,S77,791
6,057,179
(5,210,591
2,267,543:
2,113,339
expenses
Net earnings
Jan. 1 to
Gross earnings
Operating expenses
...!
10,409,490
15,818,884
10,254,793
Net earnings
...:
3,910,007”
5,584,105'
Thus while
Week Ending Oct. 17, 1884.
Received by
Shipped by
N.Y. Banks.
N.Y. Banks.
Currency
11,536,000
Total gold and legal tenders
$1,530,000
Net Interior
Movement.
$900,000
Gain.
*830,000
Loss.
$036,000
850,000
$1,750,000
Loss.
$214,000
Gold
j
i
Aug. 31.
$
S
upon
The
ciation.'
1881.
1882.
J.
ers
*'
$835,000 of this was transferred in tiie shape of silver certificates by
deposic of gold in the Sub-Treasury.
a
8.007.197
The above shows the actual
of
changes in the bank holdings
gold and
currency caused by this movement to and from
the interior.
In addition to that movement, the banks have
the loss,
compared with 18S3. is $208,908,
compared with 1882 it is $220,403, and $160,485 when- lost $250,000 through the operations of the Sub-Treasury,
compared with 1881. For the eight months to the end of and have gained $800,000 by imports or gold. Add¬
August, the comparison is of course very unfavorable, but ing these items to the above, we have the following,
that is in great measure the result of the heavy Hoods that which should indicate the total gain to the New York
the company experienced two separate times, causing great Clearing House banks of gold and currency for the
damage to the property and interrupting transportation. week covered by the bank statement to be issued to¬
The
$1,678,098 below 1883, $2,141,172 below
1882, and $2,294,587 below 1881.
Foreign exchange has been heavy'this week, and although
rates are nominally $4 82 for long and $ 1 85 for short,
concessions are made which bring them about one cent
below these figures.
Bankers report a very light inquiry
and a comparatively abundant supply of commercial bills,
chiefly cotton and breadstuffs. Money in the open market
at London is 2 11-16 per cent; so long as this rate is
maintained no material decline in sterling is expected, and
yet a fall to the gold-importing point is possible. The
uncertainty, however, makes the hazard of ordering out
gold from London great, especially in view of a probable
net
are
further advance
in
siderable
sum.
There
received
on
the Bank
.be looked for at any
time should the amounts ordered hither reach any con¬
rate to
now
due X 100,000 more
for the
Oct. 11.
Oct. 13.
Lond'i
Lond'n N.Y.
N.Y.
Oct. 15.
Lond'i.
Oct. 10.
Oct. 17.
i
Lond'n N.Y.
prices.* prices.
j N.Y.
Lond'r.
|
11919
prices.* prices. prices* prices. prices.* : prices. prices.*
2ci
119 79
180 03
119%
111-91
112%* 111-91
13'94
con.
51-44
Ill. Cent.
122-40
N. Y. C..
9445
94%
23
Reading
11-88!
St. Paul.
78 93
Can.Pac.
44-13
14-18
1354
5434
...
.
78%
48%
53 53
119%
A/s
14%
55%
11
.
119 07
Hj-%
112 04
111-91
.
...
80-02
43-10
94%
22%
bOJ4
44%
|
120%
11234
j Lli.%
H 65
1154. 13-80 1 13%
55*59 , 50
51-38 : 513-.t
122 S2 1
12213 ! 121%
95" OS
13 99 i 9334
93].»
..
95-18
N.Y.
j prices.
.
11-87% 82%
80 30
44-81
8054
j 45
11-8779 21
44-45
119-79
1203.4
112-10
112%
L254
1380
54-02
0b*! j
121-85
92-90
11-111
i
79
79-09
78%
|
45%
4 4 57
44
Exch’ge,
cables.
*
1* o
4-85
4-84
%
4*84%
Bankers’ balances continue
rule
at 1 to 2 per
One feature this week has been-the refusal of
loans
some
cent.
banks
Gain.
$2,330,000
1.2,000.000
Gain.
of
England reports
France
shows
since
a
$214,000
550,000
' $336,000
loss of £485,000
XI 10,500 sent
and £368,500 sent to the interior.
-and of
the week.
a
abroad
This represents
decrease
of
The Bank of
francs
1,675,000
gold
287,500 francs silver, and the Bank of Germany
the
last
has.
if
correctly reported, lost
The following indicates the amount
bullion in the principal European banks this week and
the corresponding date last year.
return
10,435,000 marks.
of
at
October 10, 1884.
Bank of
England
Silver,
£
\
£
ji
....
70,1 57,(
£
£
22,932,585
,CGSj‘ll,029,870,1 ioS.S I3^S85
69,477,758
Silver.
Gold
6,780,8G2j20f360,55Sj! 6,811,230
Germany
previous week
!
42,201
Total this week
Total
Gold.
October 18, 1883.
20,489,823
Bank of Franco
40,793,306
20,523,750
jo 1,390,4 58 ij 08,607,720 61,317,646
94162,023,7471168.820.32-1 61,013.279
The
Assay Office paid $1 $0,371 through the SubTreasury for domestic, bullion, and $795,732 for foreign
bullion, during the week, and the Assistant Treasurer
received the following from the Custom'House.
Consisting of—
Date.
Duties.
1
Gold..
Oct. 10.
“
11.
“
13.
$346,299 77
401,725 27
14.
470,102 28
564,188 95
10
237,371 69
16.
546,927 14
Total.
$2,567,418 10
“
;t Ex-interest.
to
Loss.
250.000
for
4"84';
Expressed in their New York equivalent,
t Reading on basis of $."30, par value.
to make time
Bank
9254
21%
23
51,750,000
800.000
bullion
Bank of
following shows relative prices of leading bonds and
stocks in London and New York at the opening each
day.
$1,530,000
Total gold and legal tenders
same
The
Out of Banks
Banks’ Interior Movement, as above
3ub-Treas. operations & gold imj»t».
The
Net Change in
Bank Holdings.
Into Banks.
'
‘
was a
institution.
Erie
Week Ending Oct 17, 1884.
consignment of XI00,000
Monday by the Bank of British North
America and there is
U.S.4s,c.
U.S.4%s.
day.
j
V. S.
j
Notes.
$5,000* $160,000,
9,000j
483,000;
255,000!
19,000;
Gold
Silver Cer¬
Certifies.
tificates.
$86,000
57,000
*
$95,000
151,000
99,000
8,000
289,000 i
s,ooo|
99,000!
9G,000
83,000
32,000
193,000!
128,000
218,000
$437,000
$844,000
7,000j
$55,000! $1,179,00( ■ j
,
180,000
98,000
advantageous rates and on
CONSERVATISM IN DIVIDENDS.
generally regarded unexceptionable. There was
A continued loss in corporate earnings suggests of course
a
report current during the week that the Metropolitan a further lowering of dividends. Though there are
National Bank will go into liquidation, and also that it
undoubtedly numerous instances in which the old rate
has about $5,000,000 Clearing-House loan certificates which can still be
fairly paid out of the year's profits, yet in many
cannot be cancelled without
sacrificing the assets of the cases the needed profits will only be secured by increasing
bank. A meeting of the stockholders will be held November
the risks of business, in many others the rate will be kept
19th to decide upon the question of liquidation.
So far up by borrowing money, in others the necessary funds
as the loan certificates are concerned it
may be stated that will have to be taken out of surplus, while in others the
they are amply secured, mainly by assets which can be issue will be squarely faced and the dividend passed or
made available at any time and partly by share and bond
lowered. These various- modes of meeting this contingency,
properties. Whatever loss, if any, is incurred by the can¬ are accompaniments of every depression in business and
cellation of these certificates will fall upon the stockhold¬ sure to be features of comine; months.
collateral
even
at
October 18, 1684.
CHRONICLE.
THE
|
423
thought is worth considering whether very fre¬ speculation in the near future, make all we have said
quently too much importance is not attached by directors above applicable to these institutions. We do not however
and the public to the question' of continuing dividends. share the opinion that- the banks are so soon to forget the
Obviously we do not mean that uniformity in this particu¬ lessons of last May; yet beyond a doubt many feel this
lar is not desirable: if in every way proper, it is obligatory. dividend pressure.
It is to be remembered too, that
it
would
In fact many believe and practice the belief, that there is
probably be a low estimate to put the losses of
our
no better wav of managing
city banks by bad debts during the last six months at
such a trust than in conductan average of five per cent of their
capital. With so
ing its affairs so that in unusual prosperity something
manv failures, such a result could not be avoided, but it
may be laid aside . for less favored years,
lint without
discussing the policy of that course, the point now is. very naturally increases the desire to make money now.
At the same time there never was a period when more
whether i t is worth while to force business or balances, or
The
increase floating debt, or run'
any risk whatever at such a time as the present, to
keep up appearances in this particular. Evidently the
management of the Bank of England does not lose position,
or the stock
of the Bank lose market value by lowering
the rate.
In September the proprietors had their meeting,
lasting it is said only a few moments, but long enough to
fix the dividend at 4-J per cent against the usual semi¬
annual 5 per cent: and yet the stock went up.
If the
management of every railroad and bank corporation
inspired a like confidence, market values would be very
little affected by the simple fact of such temporary changes
weaken
surplus,
or
arguments could be advanced in favor of conservative
bank management than at this moment. Last May showed
that twenty-five per cent reserve was not nearly enough
sudden demand for the large interest-bearing
deposits which are held here. The experience of that
time also proved that demand loans on railroad stocks
were very little better than merchants’
notes to answer
large; urgent, immediate calls. Is there anything in our
present surroundings that leads one to feel that we are on
any surer basis in that particular yet?
We are all hoping
for and believing in better times in the near future.
With crops moving freely, it is anticipated that goods
to meet any
healthful
And why should
not shareholders expect the re¬ and railroad traffic increase. But until that change is
turns
they receive on their investment to reflect any reached, it seems only right towards the public to keep
marked peculiarities of the times?
When business incomes bank resources well in hand and let the question of divi¬
are greatly diminished, manufacturers’ profits lost, railroad
dends take care of itself.
traffic lessened, and banks making bad debts and but little
SALES OF FEW LANDS.
money, securityholders know that for the time being the
An important feature in the growth and development
earning capacity of their property is crippled, and that it
cannot net the same results.
In Great Britain, where the of the United States is the constant addition to its wealth
general principle prevails of dividing each year's profits, be producing capacity-through the opening of new territory.
Other countries have it within their power to augment the
they more or less, any depression in the industries of the
measure of their accumulations by saving the products of
country, when it exists, is quite clearly shown in the half
their skill and industry : we have open to us the same
yearly distributions. Thus in the following statement of
source'of wealth, but in addition we have vast tracts of
dividends, which we have prepared from the columns of
the London Economist, the state of trade there for the first fertile lands that lie untouched, and which, with even slight
half of 18S4 is fairly reflected.
These figures arc the cultivation, yield most bountiful harvests. It is to this
latter that wo must attribute our phenomenal growth, and
average rate per annum made on the percentage of the
declarations for the first half of the year.
The table not to the practice of economy, frugality and thrift, for.
on the contrary, we are lavish and wasteful.
covers three leading Scotch, four leading Irish and fifteen
Of these tracts of land, large sections are put under
leading English railroad companies.
cultivation each succeeding year, and our prosperity is in
1883.
188*2.
1881;
Divhlcvds,
i 1879. isso.
| 1881.
some degree at least dependent upon whether the area
4 MG
3 10
4 1-1G
3 9 1(5
3!<5
Scotch
annually thus brought within the reach of our markets
1 10
3's
Irish
V/*
1
and our people is growing greater or smaller.
13
4 13 1G
13
414
These new
Encash
Vi
lands
are
at
once
the
stimulus
of
and
sustenance
our rail¬
Contrasted with 188.°*, here is a loss this year on an
roads.
It is the prospect of their development that holds
average of 2-1G of one per cent on Scotch companies,
of 7-1G on Irish companies, and of 5-1G on English out to the projector of a new line the leading inducement
for carrying on his work, and it is the realization of that
companies^ Of course in Great Britain railroads are
not subject to such wide fluctuations in traffic receipts prospect that makes the line when built a success.
The
new
lands
open to settlers are of two kinds—railroad lands,
as our roads are, their business being much less dependent
donated
to
and disposed of by the railroads, and public
on any
But this record fairly illustrates
one industry.
the principles we were contending for—that directors lands in the possession of the Government which can be
should not be too strenuous to keep up rates, that lower taken up by intending settlers under certain restrictions
dividends in times like these argue no loss in intrinsic imposed by the law.
The development of both kinds is
value, that the husbanding of resources under existing equally important, but statistics as to the railroad lands
circumstances is simply common prudence, and investors sold cannot be obtained except in the case of a few isolated
should not throw their stocks overboard simply because roads, and not then without great difficulty.
Public
of exaggerated street interpretations of lower returns to lands, on the other hand, being under Government
control, the extent taken in any given year can be easily
the shareholders.
But we have nearly lost sight of the thought we had in determined.
It thus happens that the disposals of public lands offer
mind when we began to write.
Our topic was suggested
by a remark of a bank president as to the extent of his the only guide we have to the opening and settlement of
idle cash and the necessity lie felt under of keeping it new territory.
It is quite a valuable guide, too. for a
employed as far as possible in order to make his dividend. very large and increasing amount is taken up in this way
This statement and the prevailing opinion that the large each year, and it must be that in those districts where
reserves the banks hold are sure to lead to widespread eligible public lands are still to be had, new occupation i*
in dividends.
will find
4
o
„
4
!
4
:
10
a
wider distribution, trade become more
THE CTROmCLF.
424
You xxxix.
them, since tiiey can be n. d I from the East, who, finding it impossible, owing to the
favorable
terms
much
than the average of good prevalence of bad times, to make a satisfactory living here,
railroad lands.
As the fiscal year of the Government ends turned their attention to the undeveloped West, and sought
June 30, and all statistics made up are for that period, we there, in farming and other agricultural pursuits, for an
-conlinea almost exclusively to
more
on
practice, obtained from Washington, easier road to prosperity, favored by the great foreign
through the kindness of the Commissioner of the Gen¬ demand at that time existing for all our products. When
eral Land Office, the figures for the late fiscal year, that influence had passed away, the steady influx of
arranged by States and Territories, and present them be¬ foreigners devoted to tilling the soil tended to keep up,
Now this, too, presumably
low in very complete form, in comparison with similar and even increase, the totals.
is no longer the influence it was, and as the sales still go
figures for five preceding years. It should be understood
that our endeavor is to show the lands actually opened to on increasing, it seems likely that there is again a move¬
cultivation and settlement, so we include only such of the ment from the East, because of the great depression in all
industrial interests.
If that should be the case—and on
public domain as has been sold for cash or entered either
the
theory that the sales are all bona fide and not specu¬
under the homestead or timber-culture laws, and exclude
lands certified to railroads or patented to the States (swamp lative, it would appear to be "a fair assumption—the effect
later on cannot but prove to be beneficial.
Such a move¬
lands), as these latter must be regarded as simple transment tends to relieve the East of the surplus labor which it
ferrals, and thus have not passed into the possession of
real settlers.
Texas, we may say, is not embraced in the cannot keep occupied in poor times, and adds to the
development and extension of our Western territory, and
table, because there are no public lands in that State.
in doing this lays a new basis for national prosperity when
DISPOSALS OF PUBLIC LANDS FOR CASH AND UNDER TIIE HOMESTEAD AND
other conditions shall again have become favorable.
TIMBER-CULTURE LAWS BY FISCAL YEARS FROM JULY 1, 1878,
TO JUNE 30, 1884.
In the sense, too, of stimulating all industrial enter¬
States and
1883.
J
1884.
1882.
1881.
prises, the effect of the increasing occupation of new lands
1880.
1879.
j
!
Territories.
"I
can hardly be over-estimated. * During the last seven years
Act'es.
Acres.
I
Acres.
Acres.
.-1cm?.
j Acres.
386,0 *3
no less than 80,505,591 acres have been taken up
336,998
324,131'
16 .’,773
350,380
400,913
in this
Alabama....
57,428:
49,485
17,124
28,20*2
16,907
21,15?!
Ar.zr.na
way.
Who can measure the full influence of this, first,
316,942
460.656
424,558:
437,015
391,407
203,856
Arkansas....
935,416
704,274
493,336
3:9 921
354,955
415,465;
California...
upon the districts directly affected, and secondly, upon all
516,467
410,9191
186,437
110,981
215,042|
275,557,
-Colorado
other sections of the country.
6,009,307
2,533,236
4,355,039| 6,689,595:
The bulk of the new land
1,957,011
2,258,493
Dakota
609,054
434,7491
147,973
321,594
94,985
60,635
Florida.
disposed of was of course in the Far West and Northwest,
269,451
232,040
166,918
120,323
91.400
Idaho
133,90S;
0,597
j
10,015,
6,076,
9,050
11,601
Iowa
where, also, railroad land sales are most numerous, and
40
57
have,
is
as
our
.
!
'
...
Indiana.
Illinni
40
....
40,
Kansas
...
[Louisiana
709,1561
2,784,-3-:
1,516.469
27,465
165,630
91.407
117.636
210,340
299,638
.
Michigan....
...
40.862
Montana....
66,154
851,0i7
65,727
98,508
109,969
Nebraska....
1,181 r82
1,324,718
■43,410
31,537
843,968
130,976
112,849:
103,073
643,200
19,445
37,3381
38,300
88.659
935,788
21,2.35
Minnesota.
Mississippi.
Missouri.
238
806,055
486,476:
512,328
1,085,737
376,217
457,599
985,193
520,644
why
320,537!
273,693
still
1,292,9691
516,511
937,876
23S1.621
230,089;
2-16,458
403,582
1,315,104;
2,615,101
4,990
248,836
215,876
263,165'
41-',302
1*20,4 43
403,308
239,418
97,461
204,734
Wasirt’nTor
245.310
421,2 '7
374,623
181,690
881,028
3 0.S27
103,739
5.1')7
304,199
83,9:9
4 44,105
Wi-con-in
131,335
167,073
44,247
234,867
447,268;
454,002
40,263
58.307
187,40 »■
595,787
16,890,455
18.233.621
Nevada
..
.
New Mexico.
!
Ohio
Oregon
Utah
...
..
....
82,712
=
Wyoming
..
33 3 4
...
Grand t * tal
8,649,259
The most
9,090,495
8,379 518
12,526,262
209
55
499,7 70
535,943
120,868
915,128
29 5,572
111,914
763,779
striking feature about these figures is the
steady and uninterrupted growth which they show to have
been in progress in the total takings.
This is the more
remarkable that the
quantity of desirable land still
remaining in the possession of the Government is known
to be quite small.
All sections to be sure do not share in
the increase—in
some cases
lias been reached—but the
with that
0,308
904,061!
634
677
t
because the limit of takings
aggregate of all keeps steadily-
fact
before
us
it is not difficult to understand
Northwestern railroads have done so well, and are
doing so well, even when the railroads in other parts
of the country, which are more largely dependent upon the
state of our manufacturing interests than the Western
roads, are suffering severely from the prevailing depres¬
sion in business.
In the agricultural districts everything
depends upon the outturn of the crops, and with the territory
on which these crops are raised constantly enlarging, by the
occupation of new lands, the-roads in the Northwest,
though they may for the time being (as some of them are
now) be adversely affected, like Eastern roads, by the dis¬
inclination of capitalists to engage in new enterprises, yet
their future is full of promise.
It must not supposed,
either, that the railroads get the entire benefit of the set¬
tlement of new land in the first year of its occupation. It
takes time to work out results. Very little is accomplished
in the first year, compared with what is reaped in the sec¬
ond year, and probably not till the third year are full returns
obtained.
Of the 80.} million acres disposed of in the last
seven years, 47} millions were taken up in the last
three
years, which shows botli the magnitude of the recent totals
and also what a large extent of the takings yet remains to
our
reached large amounts. We
supposed a year ago we were reporting a very heavy total
in disposals of 1 fi,S30,455 acres, but now we have a still
heavier amount in 18,233,S21 acres, taken during the twelve work out best results.
As regards the direction this new army of settlers is
months ended June 30, 1SSI.
Of the 18 million acres
thus disposed of 0,317,847 acres (or over one-third) were, taking, Dakota, Minnesota and Nebraska seem to be the
From this, however, it is not to be
for actual cash, 7,831,510 acres were entered under the favored districts.
homestead law, and 4,084,404 acres under the timber cul¬ inferred that the lands there are more desirable than else¬
'Without doubt they are very good lands, but the
ture laws.
It is not so long since the yearly aggregates where.
relative desirability of, the different States and territories
were not above three to five millions.
We have been disposed to regard the great increase in the is not to be judged by the above figures showing the dis¬
disposals in recent years as due in considerable measure to posals of each. Other circumstances enter into the matter.
the immigration movement, which had reached such large For instance, where there are no more public lands, none
This would appear to be the case with
But now a large and very decided falling off can be taken.
dimensions.
in that movement has occurred, and yet the sales are Illinois, Indiana, and Iowa; consequently these States show
on’v nominal quantities disposed of.
In Iowa there is
greater than ever. This suggests the probability of some
other influence being at work to swell the total.
It is still a large quantity of unoccupied land, but it is mostly in
well known that the increase in the earlier years—1877, the possession of the railroads, and therefore does not come
It would be very useful to
1878, 1870—was the result of the migration of persons under Government disposal.
mounting
up,
and has
now
October 18, 1884.
THE
J
425
CHRONICLE.
just how much of the public domain remains age. On the other hand, in Minnesota and Dakota, as the
untaken in each State and Territory, but unfortunately public land sales show a falling off, so also do the railroad
the information is not to be had.
The Government claims land sales—judging at least by those roads for which we
have figures.
The Northern Pacific, for instance, sold
not to know.
We repeat what we have said in previous
years that this
is nothing less than discreditable. 268,395 acres in Minnesota and Dakota in the fiscal year
It is-certainly the duty of Congress or of the Execu¬ 1883-4, against as much as 527,422 acres in 1882-3, and
the St. Paul Minneapolis & Manitoba sold 83,908 acres in
tive Department of the Government to furnish light
know
year, against 104,245 acres in IS82-3, and
A person wishing to settle in the
point.
West, or to direct others having that object in view, 203,143 acres in 1881-2.
Another section that has made considerable progress in
is utterly in the dark as to where he may find the
much-vaunted land which the Government by law recent years in the opening of new territory is the
Pacific Coast—California, Oregon, and Washington Ter¬
places at his disposal. If he has friends adjoining a piece
Settlement there has been stimulated by the
of unoccupied land, he may perhaps be enlightened by ritory.
them, but otherwise he can have or can get no knowledge building of the Northern Pacific and the Oregon Naviga¬
as
to
where
the
lands sought for are situated.. tion lines. In both California and Washington Territory
the
the
on
same
hoped that some steps to remedy this serious nearly a million acres were sold the past year, and
defect will soon be taken.
As said, Dakota, Nebraska and Oregon over half a million. Following is the record
Minnesota have been most favored in the past year.
In the same section for a number of years past.
It is to be
takings reach over six million acres, or about
one-third the whole amount.
The previous year, however,
was the banner year, for
then the takings were 6,089,594
acres. Nebraska comes next after Dakota, as it did in the pre¬
Dakota the
1879.
|
ritory.
1
0
1
!
State nr Ter¬
j
Oregon
Wusht’nTer.
1880.
|
Acres.
.4 c; vs.
California...
379,921
130,443
in
of
1831.
;
18S2.
1883.
1831.
Acres..
!
A cres.
Acres.
Acres.
354,055 j
415.105,
493,330
704,271
985,416
239,418!
204,734;:
301.198
5215,043
421,297
374,823
414,1(35
4951,770
7(53,7 75)
915,123
of that year. Indeed,
2,380,487
241,009
095, 22
Total
'
745,0711 1,015,670
|
the aggregate for the Miles of lilt.1
\
4,329
3.751
3,244
2,71(3
2,885;
2,(544
operat’n
entire country over that of 1882-83 occurs in Nebraska,
the number of acres disposed of having been 2,G15,101.
Here we see that in this Pacific Coast section 2£ million
For the purpose of showing what part the sales in this
acres were
taken up in 1883-4, or over 4 00.000 acres
section have played in the total disposals for several years, more
than in the previous year, and nearly twice the
ami what growth there has been there, we have prepared
quantity of two years ago. If we go back to 1879, we
the following table.
We have added a line at the end to find an annual total of less than three quarters of a mil¬
show the railroad mileage in the district on January 1 of lion.
In this interval the mileage of that section has been
vious year, but has doubled its total
almost the whole of the increase in
245,310j
1
i
in
each year.
State, nr Terj
ritonj.
IS TO.
i
Acres.
J
-
|
Minnesota
Nebraska
Total
Mi 1 euge
..
...
18S0.
i
!
Acres.!-
1884.
1883.
1SS2.
4 SSI.
Acres.
.
Acres.
if'/V'K.
(>,';( >0,307
935,788
1, IS 1,082
1.027
813.908
i
1,321,7 IS
(313,200
884,028!
15,(380,504
1,203.0(50
1 ,‘(15,10 l
!
3,774,481 •
•4,431,238
4.020,404
15,324,802
9,207,(507
9,* >2 .-,28 4
8,317
9,097
1
Dakota Tor..
|
,*‘57,0 ill
2,258,193
2,533,230
4,355.03S
1,0:15,730
So
ini
operation.. i
miles, and that accounts
for the increased activity in the settlement of the territory.
The district contiguous to the Pacific Coast section,
comprising Idaho, Wyoming Territory, Montana, and
Colorado, is also noted for its development.
Wyoming
raised
5
f
035,870
2.015,101
5V42
The above table shows
(>,359
7,283
how closely railroad
noticed that
in
opening of
less than 3 million acres
forward, for it will be
less than 595,787 acres were
taken up in
territory (505,005" acres
in the year,
new
the district were
no
of the same for actual cash)
while in 1882-3 the quantity was only 187,409
acres.
Passing to other sections of the countiy, Kansas
lias improved on its aggregate of 1883, and reports
985,193 acres sold ; but in 1879 2,784,538 acres and in
1880 1,510,409 acres were disposed of in that State.
In
the heavy sales of 1879 and 1880 have we not the basis
for the prosperity of the Kansas roads which enables them
to keep up their earnings so well, while other roads are
falling behind ? In reference to the decrease in the sales
in the later years, it should be remembered that under
the heavier sales in earlier years the amount of land
remaining undisposed of must have undergone great
diminution.
In Michigan, too, the quantity remaining—
particularly timber land—is supposed to be small, so the
sales in that State are much less than formerly.
As
regards the Southern States, in almost all of them have
that
extension and
territory are connected. Of the some¬
what less than 18] million acres disposed of altogether
in the late year, we see that the section given had 9,622,281
acres, or considerably more than half, and this exceeds
even the large aggregate which the same section had in
the previous year, the loss in Dakota and Minnesota being
overcome by the gain in Nebraska.
In 1877-8 tli£ takings
the
2,044 miles to 4,329
particularly has taken a big stride
t
<4,100;
from
altogether.
growth since then has been rapid, and in the last
years 40,423,195 acres (out of 80 millions in the
whole country) have been located in these three States.
In the same time the mileage has increased from 3,770
miles on January 1, 1878, to 9,097 miles on January 1,
1884.
The building of the Northern Pacific, and the
extension of the Northwest and St. Paul systems, no doubt
account for the great tide of settlement into Dakota;
the sales been materially increased
in recent years,
while the expansion of railroad mileage in Nebraska (the
Florida and Louisiana being conspicuous in this respect •
State has now 2,090 ,miles, against 1,344 miles only
but the land here is of a different character, and no such
five years ago) explains the great increase in the
important results can be expected to follow from its open¬
takings in that State. It is to be said that in the latter
State there has also been a great demand for railroad lands ing as have followed that of the opening of new land in
The
seven
the West and
contemporaneously with the taking of public lands. Thus
in the nine months of the calendar year, from January 1
to September 30, the Union Pacific sold 3,909,995 acres in
1884, against only 524,033 acres in the same period of
1883.
The railroad
lands, however, appear to
have been
Northwest,
PROJECTED COEGO CONFERENCE.
For some time past it lias been manifest that there had
arisen, in connection with the newly-explored Congo
THE
j
quality, for whereas in 1883 the Union Pacific j country, difficulties which only an International Confer
realized an average of nearly 3.1 dollars per acre on | ence could properly deal with, in the way of br^gia
the sales, this year it has realized less than half that aver¬ about anything like a satisfactory settlement, It was > '
of
a
poor
426
THE CHRONICLE
very wise conception of the
be set down as a specimen of
fVoL. SXXLX.
it is to told, has been firmly advising his Government as to the
that astuteness for which Mr. propriety of immediately annexing the whole Niger Delta
Stanley is distinguished, that the society of which the with all the oil rivers on the coast. It is not at all likely
one was the president and the other the
managing chief that Great Britain will consent to have her rights ques¬
assumed the character of international from the outset. tioned or her
privileges curtailed on this section of the
African
coast
; and
the probability is that if France is at
Any other arrangement might have proved fatal even at
the commencement of the enterprise.
all
anxious
to
a
have
It would certainly
Conference, she will withdraw her
have failed to secure for it what it has now obtained—the request regarding
the Niger and the Niger Delta gene¬
sympathy of the United States and of the larger number rally.
As there is no reason why Russia or Austria
of the European governments.
or either of
the Scandinavian governments should
object?
It was very natural for those who were interested in the presumption is that with
greatly restricted and well
the welfare of the association to look to Germany, and defined powers, the proposed Conference will be held and
especially to Germany’s all-powerful Chancellor, for favor consultation had as to the best means of regulating com¬
and even practical assistance, when they felt themselves merce on the Congo.
confronted with opposing obstacles against which, unaided,
What such a Conference could
accomplish it is not easy
to
foresee.
It
seems
natural
that
a settlement of
they could not contend. Germany, it was known, was not
property
only experiencing the inconveniences of a growing popula¬ rights should have preceded the consideration of trade
tion within restricted territorial limits, and with a not too privileges.
It is difficult, indeed, to see how anything can
productive soil, but was actually making efforts with a be done in the way of laying down rules for the guidance
Wiew to colonial expansion in the direction of Eastern of traders in that
region until certain existing disputes
Asia and Australia.
Here was a newly-opened region, are removed out of the
way.
Portugal insists upon the
rich in resources and much nearer home,
inviting just possession of prior rights along the whole line of the
such energy and enterprise as Germany could afford Lower
Congo. The English government have negotiated
to give.
Events have shown that the friends of the a treaty with Portugal on the basis of these rights,
International Central African Association did not turn although it can
hardly be said that that treaty has been
their
thoughts to Germany in vain.
The idea concluded. The French claim territory on both banks oi
of building up colonies in the far East seems to have been the Upper Congo ; and during Stanley's absence, it is
immediately abandoned ; and we find the Germans busy understood, De Brazza occupies the lands in the neighbor¬
all along the western shores of the African continent, hood of
Stanley Pool, which have long since been regarded
reviving almost forgotten claims, asserting new ones, and, as the property of the International Association. With all
with an amazing rapidity, hoisting the German flag, and these conflicting
claims demanding solution,-how is a pros¬
establishing protectorates alike in Walfisch Bay and in perous trade on the Upper or Lower Congo possible ? Sup.
the Bight of Biafra.
The latest outcome of these negotia. posing laws are made for the regulation of trade, who is to
tions between the International Association and the have
jurisdiction ? Should England refuse to retire from
German Government is the proposal to hold a conference her
arrangements with Portugal, England and Portugal
at
Berlin to consider
King of Belgium,
or
•
certain
questions relative to the together will be supreme on the seaboard section. If
region. The fact that Stanley and De Brazza cannot agree, and if the native
Berlin, at the call of chiefs continue to change at pleasure their allegiance from
Prince Bismarck, is proof at once of the
controlling power the one to the other, destructive war. not trade, will flour¬
which Germany has acquired in Europe, and of the ish in the upper section.
interest which the German Government and people-arc
It lias been suggested that the
Congo might be mannow
taking in the subject of colonial expansion generally, aged, as the Danube is managed, by a commission repre¬
and of colonial expansion especially in the direction of sentative of the Powers. But the two rivers are
diilerently
A f rica.
The Danube runs through a civilized
situated.
region.
That such a conference will be held may now be almost The banks of the
Congo are inhabited by savage .and
taken for granted.
warlike
tribes.
It
is absolutely necessary that in the
Prance has expressed herself through
her Minister at Berlin, the Baron de Courcel, as favorable
Congo territory there be a visible embodiment of author¬
to such a representative
assemblage, and to the principle ity, and that that authority be one and undivided. The
of freedom of commerce on the Congo ; and to
the demand recognition by the conference of the International Asso¬
of England, through her Foreign
Minister, Lord (Gran¬ ciation, and the investing of that association with powers
ville—a demand adhered to by Holland,
Portugal and of dominion, would be the natural and easy way out of the
Italy—that the programme of the Conference should be difficulty. But such an arrangement is in open conflict,
limited to the regulation of commerce in the
Congo coun¬ with the existing claims. Nay, more. Such an arrange¬
try, and that it should not trench upon the disputes which ment seems to be rendered impossible by Lord Granville's
have arisen as to the ownership of
territory in West Africa. demand that the programme shall be so limited as to
Prince Bismarck, it is reported, has returned a
satisfactory exclude the consideration of all proprietary rights. Thus,
answer.
It would appear also that France, on second looking at the whole subject, it is difficult to see what
thought, has expressed a desire that the Conference should good can conic from this endeavor; and in view of the
be allowed to consider the question of freedom of com¬ fruitlessness of the late Conference on
Egypt, another
merce on the
Niger and m the Niger country. If Prance abortive assembly of diplomatic magnates would be very
should insist on this point, it is almost certain that no disappointing
and would discourage future similar
Conference will be held.
The Niger has long been looked attempts.
upon as a British river.
The chiefs upon its banks have
for many years been
living by agreement under British
Vicksburg Shreveport
Pacific,—This company owns
protection. At the mouth of the river is a British gunboat some 20 miles of track, from Shreveport, La., west to the
future management of the Congo
this conference is to be held in
Texas line, which was built some 18 years ago and has been
operated by the Texas & Pacific Co. under a lease which will
cruising as far south as the Calabar Fiver, where British shortly expire. It is now stated that an agreement has been
influence is also supreme, and where live hundred tons of concluded for a new lease, both companies to use the road
together. This will prevent the building of a new line by the
oil are
with
a
British
shipped
consul
every
on
board, who
week.
is
in
the habit of
The present consul,
we are
Texas & Pacific.—Railroad Qa&tte.
THE
October 18, 1884. J
H&croetavtjs ©amracrcial gngttslt fletus
BATES OF
EXCHANGE~AT
LONDON AND ON LONDON
AT LATEST DATES.
Amsterdam.
Amsterdam.
Hamburg...
3 lllOF.
Short.
3 mos.
•
Berlin
Frankfort...
Vienna
Trieste
ft
((
14
if
if
Antwerp....
8t. Petersb'g
Latest
Date.
Rate.
Time.
On-
if
® 12-413 j
I2-I7h ®12-”78
©2060 1
-.0 56
'20-55 ®20-60 !
25-55 '325"60 |
12-30
312-33V
12-30 @12-3034:
25-41i4325-40q:
12 4
23I®j6@23bl|Q j
iOet.
jOct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Oct,
25-35 '©25*40
Checks 25T71a ©25"22 V Oct.
3 mss. 25-464 a 25 01 *4!
j Oct.
ii
Paris
Paris
Genoa
Madrid
4ft
44
Cadiz
Lisbon
Alexandria..
Const ant’ple
©4614(3
5178©52
44
Is 79]c,d*
Is. 7£WL
48 W 49*
Bombay.... 30 <4
dy’s
Ca cutta..
New York... 60 d’ys
.
H. ng Kong..
Shanghai....
m
m
m
»
....
Rate.
Time.
following return shows the present position of the
England, the Bank rate of discount, the price of
consols, the average quotation for English wheat, the price of
middling upland cotton, of No. 40 mule twist, fair 2d quality,
and the Clearing House return for the past week, compared
with previous years:
1881.
1882.
The
Bank of
1883.
1884.
12*09
2 Short.
2
2 3 mos.
“
2
2 Short.
2
44
2
*4
2_
4
2_
44
2
•
__
*■*
0
•
20-24
2036
20-36 k
12*15 k
-••••<»
25-19
*
O
•
24-71B
25-lbk
mos.
44
*4
2
47-60
44
44
•
4
Oct.
Oct.
Oct.
2
3 Cables.
44
3.
Oct.
3
Oct.
Oct,
01
2|
109-5
Is.
Is. 7 Vl.
if
4
4-8414
mos.
4ft
3s.
7e>L
5s.
1-VL
2(1,279.460
5,918,405
23,533,921
Circulation
Public deposits
Other deposits
Governing securities. 13,724,395
Other securities
22.952,590
Res’ve of notes & coin 11,269,932
Coin
£
£
£
£
1
j
......
''
EXOHANQE ON LONDON
EXOHANQE AT LONDON- Oct. 2.
427
CHRONICLE.
27,130,575
26.610.715
5.899,779
23.250,547
4,540,220
9.018,776
23.9- 8,433
11,869,133
24,867,817
17,611,141
25.089,747
10.105,878
23,867,624
10,321,910
23,755,283 21,486,453
21,695,240
13,692,552
21.101.962
12,894,563
bullion in
and
both departments.. 21,799,392
Proport’n of reserve
to liabilities
Bank rate
3801
2 p. e.
Consols.
10134
Eng. wheat, av. price
33s. Od.
Mid. Upland cotton..
No. 40 mule twist
5
27,123.330
3025
35-25
5 p. c.
1003*
40s. 4d.
43-93
3 p. c.
101
41s. Od.
5
p. c.
9 8'it
47s. 9d.
►
7i,fld.
578.1.
%d.
9^d.
10M
10 kd.
9 VI.
Clearing-House ret’n. 130,400,000 141,735,000
117,876,000 158,882,000
The Bank rate of discount and open
market rates at the
chief Continental cities
have been
as
now
weeks
follows:
September 11.
September 25.
September 18.
Open
Bank
Open
Bank
Open
Bank
Market
Bate.
Market
Rate.
Market
Bate.
October 2.
[From our own correspondent.]
and for the previous tliree
Rates of
London, Saturday, Oct. 4, 1884.
Interest at
Bank
Open
Market
Owing to the termination of the quarter, there has been more
2
3
2
3
3
3
2k
‘296
market since Saturday last, and the Paris
2H
4
4
3k
3H
4
4
Berlin..
3\i
2T6
3>6
3
open market rates of discount are nearly, and in some Frankfort
4
696
2H
316
3-4
instances quite, equal to those current at the Bank of England.
Hamburg
816
3
296
3
2X
2li
3
3
2k
Amsterdam
The official minimum has not been altered, and remains, there¬
3
2H
S
2H
3
294
3
Brussels
2H
5
5
5
5
5
5
fore, at 2 per cent, while the outside rate for three months’ Madrid
4k
4k*
4
9%
4
394
4
8>6
4
8J6
bank bills is 1% to 1 Ja, and in some instances 2 per cent. The Vienna
6
8
6
6
6
6
6
6
St. Petersburg..
4
4
proportion of reserve to liabilities has declined from 44*83 to Copenhagen....
4
3k
4
3k
4k
4
38*01 per cent, or to the extent of nearly 7 per cent. Last year
it was nearly 34 per cent; in 1882, 33*25; and in 1881 only ^ In reference to the state of the bullion market during
30*25 per cent; the Bank rate being in those years respectively the past week, Messrs. Pixley & Abell remark:
Gold—Since our last there has been more inquiry for gold, and all
3, 5 and 5 per cent. The position of the Bank compared with arrivals have been taken for export. The Bank has lost £223.000,
last year is a weak one. The supply of coin and bullion does chieilv in sovereigns, which have been sent to Egypt. The only arrivals
are £*44,000 per “Para,” and a small parcel from the Cape.
The P. & O.
not exceed <£21,799,392, contrasting with £23,755,283, while the steamer has taken £7,700 to Gibraltar, £195,000 to Egypt and £70,000
to Bombay.
reserve is reduced to £11,269,932, the total at this period last
Silver—Ex “Para” and “Cotopaxi” was sold at 50t3iftd.; to-day, how¬
some lias been purchased at 5078d. The chief amouuts to hand are:
year being £12,894,368.
The diminution is important, and ever.
£28,000 from the West Indies, £45,000 from New York, £73,700 from
leads some to conclude that an advance in the rate cannot be Buenos Ayres and £34,700 from Chile; total, £181,400. £45,000 has
this week to Bombay.
long delayed. Undoubtedly, the tendency is just now in an gone
Mexican Dollars are qu.te nominal, and there are very few offering.
upward direction, but this is a special week, as it includes The imx>ort8 are £102,300 from West Indies and £4,400 from New York.
The quotations for bullion are reported as follows:
both quarter day and the “fourth’’ of the month. A good
Price of Silver.
deal of money lias been borrowed this week of the Bank in
Price of Gold.
|
O:t.
2.
Sept. 25.
anticipation of the dividends on the public funds. “Other
Oct. 2.
Sept. 25. j
securities’’ show, in consequence, an increase of rather more
d.
d.
s.
d.
*.
d.
50 13-16
Bar silver. flne..oz. 50>6
77
9
9
than £2,000,000, and it is believed that by this time the divi¬
Bar gold, tine—oz. 77
Bar silver,contain¬
Bar gold, contain’?
dend money has been fully anticipated.
51 3-10
77 10k
ing 5 grs. gold..oz. 514
20 dwts. silver..oz. 77 10k
|1 Cake
54 13-16
The money market closes with a decidedly quiet and even
silver. ...oz. 54%
Span, doubloons.oz.
50k
Mexican
dols...oz.
easy appearance.
The position of affairs is not very different 3. Am.doubloons. oz.
Chilian
oz.
dols
D. 8. gold coin. ..oz.
i
from that of last week, and further ease is anticipated as soon
i
Ger. sold coin...oz.
as the dividends on the public funds have been distributed.
Tenders for £1,105,000 Treasury Bills were received at the
Some considerable loans have, however, to be re-paid the Bank
Bank of England on Tuesday, and allotments were entirely in
in the course of a few days, and a steady money market is
three-months’bills. Those at £09 11s. 4d. will receive about;
ultimately looked forward to. To-day business in London is
62 per cent, and above in full.
The average rate per cent was
remarkably quiet, and it is almost a blank. NVliat had to be
£1
11s.
9-82d.
done was speedily accomplished, and as we are enjoying
The Government of New South Wales re-appears in this
brilliant autumn weather, the “City’’ was cleared of business
market a borrower ol%£5,500,000 at S} .> per cent at a minimum
men at an early hour.
The following are the present prices
price of £02 per cent. This will bring the debt of the Colony
for money.
to about £30,000,000.
Interest allowed
Open market rates.
The revenue returns are not favorable, and they plainly
far flprtnsit* hu
indicate that the business of the country is very quiet.
The
ft?
Bank Bills.
i
'Trade Bills.
Disc't IV se
London
Joint
K
receipts during the past quarter from all sources have
|
At |7 to 14
Stock
Four !
Six
Three
Four j
Three
Six
«
to £17,610,522, against £19,942,403 in the previous
amounted
Banks.
Months Months Months Months Months Months
Call.j Days.
quarter and £26,838,487 in the March quarter. In the cor¬
94:1 -1
1
1K@
134® -j2,4® -2 @ - 2 @2k 2k®3
Aug. 29 2
1
94 1 -1
responding quarter of last year to the one just concluded, the
19b® -,2k® - 1&<®2 \2 ©214 2V6@3
196®
Sept. 5 2
1
*!i -1
12 2
196®
2>6®
I94@2 j2 &2X 2'4©3
196®
|otal receipts were £18,146,785, in the June quarter £20,796,798,
1
94 j 1 -1
19 2
196® -\2Va©
VH@2
2 @2V 2,433
196®
and in the quarter ended March 31, 1883, £29,668,825.
During
1
w ->
20 2
\%©2 1234® - 2 & -:2X@2M *2k®3
196 ®
1
34ll
-1
the four quarters ended September 30, the receipts wer^
Oct.
3 2
3 ® — 2M© — Is.k® — 3*4® —
J6® — 2}4®
The Clearing House return issued this week shows a total of £35,814,586, against £89,610,496 in the corresponding period of
£130,400,000, comparing with £144,735,000 last year. In each 1882-3. The decreases during the past month are important
stamps, £80,000; property and
year there was a “settlement” in shares and foreign stocks on viz., of excise, £240,000 ;
income
tax.
£125,000.
During
the year the falling of in the
the Stock Exchange, and this sheet does not account entirely
income
tax
has
amounted
to
£2,450,000;
in excise, £243,000 ; in
for the difference, there being a difference of only £1,700,000
Bate.
animation in the money
.
,
—
—
—
—
—
—
—
—
•
••••••••
.
—
-
a;
1
-
-
“
-
-
-
“
-
-
“
-
—
arrangement was made. The falling stamps, £321,000. Unless trade improves very considerably
chiefly, it is supposed, commercial between now and Easter—a long period cetainly—the Chan¬
In this week’s return the smallest total was only £12,404,000, cellor of the Exchequer will have an unwelcome task before
the highest (excepting the Stock Exchange settlement day), him in presenting his next budget to Parliament.
The weather being remarkably fine, the progress of agri¬
£21,093,000. Last year the lowest was £18,250,000, and the
cultural work has been very satisfactory, and a considerable
highest (with the exception referred to), £25,243,000.
the
on which that
off is due to other causes,
on
day
THE CHRONICLE.
428
quantity of land has already been planted with wheat,
and with an excellent promise.
In fact, agricultural work is
considered to be in more than an usually forward state.
As
regards the wheat trade, although much quietness still prevails,
there is more steadiness apparent, and in a few localities rather
better prices have been obtained. The quotations, however,
are still very low.
English wheat is arriving at market in fair
excellent
quantities, and in
condition. The receipts show an
increase over last year, the total for four weeks being esti¬
mated at 4,300,000 cwt., against 3,689,000 cwt. last year.
For¬
eign wheats have changed hands at rather more money.
The following return shows the extent of the imports of
cereal produce into the United Kingdom during the first four
weeks of the season, the sales of home-grown produce, the
average prices realized, compared with last season:
IMPORTS.
1881.
1882.
1883.
1984.
f ,617,938
7,753,923
Barley
1,506,356
573,870
409,033
Oats
Peas
Beans
Indian
Flour
1,042,719
1,020,095
1,1*0,088
1,277.826
90,614
60,744
285,117
2,52(5,380
1,057,029
71.012
43.487
101,992
1,410, 894
1,00 L82L
20(5,275
2,7 .'9.41*
219,5(54
1,983.182
corn
1,2 79,100
899,206
Supplies available for consumption in four weeks, stocks
September 1 not included.
1882.
1881.
7,753,9 23
1,005,821
4,638,295
1883.
1884.
6,390.236
Imports of wheat, cwt. 6,617,933
Imports of flour
1,279,1(53
Bales of home-grown
1,057,029
699,206
produce
4.3 2,6 0
3,688.776
2,973,020
2,515,413
Total.
12,199,788
11,136,043
11,733,364
8,052,914
41s. 4d.
43s. 7d.
52s. 30.
23.590,000
13,800,000
19.8 90,000
1,863,000
2,201,000
1,989,000
Av’ge price of English
wheat for season.qrs.
33s. 9d.
Visiblo supply of wheat
In the U. S ....bush.24.200.000
Afloat to U. K
I,o40,<)00
qrs.
English
London.
Sat.
-
OBJ,- 50 \
Silver, per oz
d.
lo 111ft
Consols for money
10!>78
1 •1
ll)Ht
Consols for account.
7 7 77
Fr’ch rentes (in Paris) fr 78 •00
l 5h
11 5:*h
U. 8. 4^8 of 1891
1 *r?
12 •2 *'d
U. 8. 4s of 1907
...
i.
Canadian Paeitic
Chic. Mil. & St. Paul....
Erie, common stock....
k-
4
>58
8
2*s
141-3
1
Illinois Central
5
1 27a
<1 8 0*
Pennsylvania
Philadelphia & Reading
New York Central
Tnes.
Mon.
London,
reported
4 5*e
u
l;j8
11B
12 (514
f> 54)
l-i^
;
1 2
43
9 7^8
120
55 :{a
12
98
4
Thurs.
Wed.
|
50 1;‘1C
101 1 16
1.91 4t
77 •- 17
115 ;Js
123 4
4(J
82 5«
$6,108,988
$6,789,550
252,1. >2,34:
275,122,131
$5.651,95 8:
247,883,33G
Total 41 weeks. * 30 4,981,068 $268,261,330 $231,911 681
$253,540,294
following table shows the exports and imports of specie
port of New York for the week ending Oct. 11, and
since January 1, 1884, and for the corresponding periods in
The
at the
1883 and 1882:
EXPORTS AND IMPORTS OF SPECIE AT NEW YORK.
Week.
4,352,824
I, C.-,8,420
France
Germany
»
J-7s
143s
12 h4
126
5 1 :U
11 *8
1
-
5
1 2
t)
55s
J8
96
98
Sat.
Liverpool.
Flour (ex. State). 100
Wheat, No. 1, wh.
Spring, No. 2, n.
“
“
Winter, South, n
“
Winter, West., n
Cal., No. 1
Cal., No. 2
“
Corn, mix., old...
“
Corn, mix., new..
“
lb.
\io
“
“
ehiere
d.
10
5)
7
7
8
S
4
<
Pork, West. mess..$ bbl
Bacon, long clear
Beef, pr. mess, new,$ to
Lard, prime West. # cwt
Cheese
8.
Mon.
X.
10
8
d.
9
Tnes.
y,
d.
s.
10
9
7
7
8
10
/
H
Thiers.
Wed.
8
6
6
7
6
6
S
9
9
9
9
6
6
6 8
8
(»
7
4
4
/
i
7
6
c> 1 *
6 1 .<)
0 1
5
5
( *2
04> r> (j1^ 5
5
1*3
14* 5 14s 5
65
o
65
65
0
65 ('
43
0
48 0
43 0
48
(>
/ 8
! 7-i 0 78 0 78
38
38 0
39 9 j 3> 0
A
o
57
6
57
57
d.
9
7
7
8
8
4
1 )
.
Silver.
Great Britain
042
14)
0
0
0
0
6
1
_
„
.
10
8
9
7
10
6
7
6
7
8
6
8
7
7
4
(! 10
5
(Gq
5
O
65 0
0
0
3
6
imports of last
FOREIGN IMPORTS AT NEW YORK.
Total
Since Jan. 1.
Dry goods
GenTmer’dise..
1884.
1882.
$2,2 46,39.5
$2,687,989
6,258,729
$2,108,105
4,881.085
$1,427,112
4,8*07,933
$8,946,718
$6,992,190
$6,325,045
$92,173,6 41 $110,128,524 $101,763,221
2e5,352,378 289,767,794 20O,2o7,761
$96,11 0,903
$362,061,002
c.940 Oil 376
Total 41 weeks. $3 47.520,019 $399,996,318
244,830,473
report of the dry g >ois trade will be found the im¬
ports of dry goods for one week later.
The following is a statement of the exports (exclusive of
specie) from the port of New York to foreign ports for the
week ending Oct. 14, 1884, and from January 1 to date;
In
our
1,6-2,072
$2,285
$■
8*3
29,083
46,590
839,137
9,4*9.)
1,815,316218.042
35,715
63,992
257,7e3
25,200
$2,900,928
$38,502
136,105
104,40 i
$213,987 fl 1,002,813
11,935,100
9,436,116
J,447,552
2,107.122
1334, $29,747 were
silver coin.
give the.following figures for the full months, also issued
The first statement covers
.>-
■
IMPORTS INTO NEW YORK.
Dm
1884.
1883.
"General
General
Dry
Total.
Merchan¬
Good,5.
Total.
Merchan¬
-
dise.
dise.
$
$
13,345,312
13,7:30,717
12,32-:,374
7,948,030
7,42 V 03
0,5)0 *,H-(7
13,045,29/
1 1,520.0 4 5
10,798.870
27.915,300
41,200.012
20,749,010
40,479,727
42,182.701
37,090.434
January....
13,598.890
February
11,397,8 <5 4
28,175,200
39.573,030
11,319,42s
9.793,203
5,751.403
0,31 ‘,0401
12,493,703
11,945,201
12,0(35,979
31,35*4,Ool
42,713,489
25,759,7535
32,710,823
28,012,098
25,979,743
21,102,92s
21,070,101
35,557,93
..
May.
J
une
J uly
August
Total
-
>
38,471,220
34,3 2,15)8
38,173,500
33,0 48,189
33.742.0S0
94 083 791:241,215,509 335,899.30.)
...
EXPORTS FROM NEW
$
$
39.997 704
$
20.898,814
29,854,387
29,1 12.5398
29,213,457
530,114,095
25,307,518
30.925,000
24,302,730
36,039,700
13,078,581
38,912,815
42.445,049
35,101,590
97,707.438 25:),481,497 357,191,985
CUSTOMS RECEIPTS.
YORK.
At Xew York.
Total Merchandise.
Months.
Months.
1884.
23,53 1,80
March
April
May
18s3.
11,702,0 .'9
12,574,838
$
January.
j 28,891,932
1 28,420,300
23,097,99,'-1
32,094.094
23,835,8538
28,101,404
27,237,003
24,003,209
..
a
arch
April
.May
I une
29,404,029
27,857,011
31.258,112
28,805,155
July
August
September
28,957,053j
34,417,712
August
September..
27,018,151
9,810,822
9,299, '87
9,453,248
13,108,338
12,825.19(5
11.987,9(33
9,194,388
8,148,813
13,(524,534
14,(521,008
13,288,8*33
12,011,78(5
101.780,-485! 108.127,104
Total
237,841,501120:3.450.982
12,191,003
12,438,301
j
Juno
20,835,557
j
11.43(5.'<8(5
12,0(54,811
February...
July
....
1884.
; ' 1883.
!
$
20,792,785
January
February
U. S. Sub-Treasury.—The following table 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 :
Balances.
Receipts.
Dale.
$
931,659 95
Oct. 11.
“
13.
14.
“
1,6 48,005 00
*2,415,940 26
“
15.
9’. 5.056 44
“
16.
17.
987,033* 78
1,101,212 25
Total...
7,998,907 53
“
1861.
$8,411
8.693,235
58.673
our New York Custom House.
the total imports of merchandise.
by
9
6
4
7
G 10
< k)
5
2
5
65
o
0
18
48
78
78 0
o
37
83
•■) /
•57
6
109,500
329,645
Foreign Trade of New York—Monthly Statement.—In
addition to the foregoing tables, made up from weekly returns,
d.
9
7
7
first week in January:
6,1 J3,270
258,845
28,830
$393,510 $11,884,414
55,758
20-,617
Of the above imports for the week in
American gold coin and $16,266 American
April
‘
with those of the preceding week, show
a
decrease in both dry goods and general merchandise.
The total imports were $6,325,045, against $8,233,312 the pre¬
ceding week and $6,889,728 two weeks previous. The exports
for the week ended Oct. 14 amounted to $5,651,958, against
$7 ,110,556 last week and $5,999,960 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Oct. 9, and for the week ending (for general
merchandise) Oct. 10 ; also totals since the beginning of the
GsnTmer’dise..
853
774, (56
16 ,015
Total 1884
Total 1883.
Total 1882
March
week, compared
Dry goods
766,042
$9,658,172
West Indies
Mexico
South America
Ail other countries...
Fri.
a.
1883.
9.150
17,187
1,809
German,
Total....
For Week.
2,412r‘‘•98
2.069,754
3,689,360
’■
CU'Cmxracvcial and ilXtsccUauccms ilcurs
Imports and Exports for the Week.—The
107,«'03
2.0,911
21,151
$195,000
France
$
54 *8
1 ’. 4)
95 :;s
d.
6
$3,415,812-
773,774
$3,800 $37,922,2 44
14,375
412 043
500 33,80 i. 2^4
Goods.
125 ■h
s.
9
$53,532
7.oO‘J
Total 1884.
Total 1863.
Total 1882.
September.
-
3,888.014
West Indies
Mexico
South America
All other countries...
Since Jan. 1.
Week.
Since Jan. 1.
$3,800 $26,474,870
&reat Britain
Months.
(iJi
8 27s
Imports.
Exports.
Gold.
Fri
5( 34
1(1
1«#1
77 '9 7 ^2 7 79 >0
Li b
115 '53
123 '"‘H
123
45 7S
45 78
81 3d
82
J
1884.
it>83
1882.
*7,164,162
5005m 501i
10 1 -*8
1014)
101 *4
lo li4
77 9 J
11 5 4)
12
WEEK
CHtJ
.297,816,906
For the week...
Prev. reported..
follows for the week ending Oct. IT:
as
FOR
VORK
1881.
we
Market Reports—Per Cable.
The daily closing quotations for securities, &c., at
and for breadstuffs and provisions at Liverpool, are
by cable
PROM NEW
EXPORTS
4,638 295
6.390,238
1,034,(581
cwt.
Wheat
[Vol. XXXIX.
*
1
Payments.
Coin.
Currency.
$
$
$
927.277 43 130,347,659 98 9.298.785 86
1,6-2,760 36 130,151.347 96 9,160,342 52
1,002,378 96 130,699,8 44 55 10,025,407 23
11,198.856 2 7 130.432,601 20 10.308,850 66
1.411,328 1*5 L. 0.35 4,90 4 59 9,902,253 04
1, '16,390 lo 130,521,075 24 9,880,904 4$
7.238,991 2.3
$600,000 United States notes received from Washington*
$177,OoO gold certitieates taken out of cash.
Includes
sold at the
auction this week by Messrs*
Auction Sales.—The following, seldom or never
Stock Exchange, were sold at.
Adrian IJ. Muller & Son:
Short s.
150 Citizens’ Nat. Bank
5 Mfts and Bldrs.’ Fire
Insurance
50 Phenix Fire Ins Co
100 Ctizi-ns’ G.-L.Co.of Bklvn
1
Brooklyn
Academy
Music
400 Com. Telegram
of
Co. pref.
Pott ds.
$320,600 Chicago A Atlantic
HR Co. 2d 6s gold, due
120
190
223
112
S3
90 %
\
15)23,
Aug.
’e-i
coupon
20
on...
.
$3,00 t Second av. ER.( o. 7s
consol’d cuuv., due May
j
1, 1888
106 and int
i
j
..-.t
...
.
C' .Ml 1)1
JulliW ’
,
429
THE CHRONICLE.
October 18, 1884.]
Sixty f^ays Demand.
October 17.
J^hc Hankers' (fjaxcttr.
19
The following
i
V
1
o
Name of Company.
Per
Cent.
announced :
Books Closed.
TVh-n
(Days inclusive.)
Fay able.
Documentary commercial
5
Miscellaneous.
Pacific Mail Ss. Co. (qiiar.)
NEW
YORK,
114
'
Nov.
Oct
HOct.
FRIDAY, OCT. 17,
12
26 to Nov. 2
1SS4-5 P. M.
4 62
4 POq
4 7
4 85
5 22%
5 20
40H
95*8
40
943*
Coins.—The following are quotations in
coins
Railroads.
bills on London.
Paris (francs)
Hiosterdam (guilders).
Frankfort or Bremen (reichmarbsl
G N O S.
divide.nds have recently been
Prime bankers’ sterling
Prime commercial
gold for various
:
S *veretgns
$4
N tooleons
3
X X Reiclnnarks. 4
X Duilders
3
S *an’ii Doubloons.15
M x. Doubloons.. 15
F ih silver bars
1
Fine gold bars....
D UJ6H& % dimes, —
..
83
96
74
90
55
55
87
a
^
3 90
4 78
a 4 00
a 15 05
a 15 05
1014® 1 103i
para *4 preiu
99%
par
Silver %s
and %s.
Five francs
Mexican dollars..
Do uncommerc’l.
Peruvian soles....
English silver
U. 8. trade dollars
U. 9. 8ilvcrdollars
—
99^ a
92 %»
87 % ft
{
0
ft
par.
941*
— 98
—
—
87
79%a>
78
87
a>
a
4 P4
-
88
993*4: par.
Market ami Financial Situation.—There have
keen only two subjects of interest in the markets this week—
United States Bonds.—The business done in government
first, the Ohio election, and secondly, the decline in stocks.
The first went nearly as expected, but the prices of stocks bonds the past week has been very light, but prices have been
went very differently from what had been predicted.
It can strong and higher, and, compared with quotations of a week
not fairly be said that the weakness at the Stock Exchange ago, show an advance of 34 for the 4s and 4)£s.
The closing prices at the N. Y. Board have Deen as folio wt:
was caused by the elections, but it is rather apparent that the
market was rigged, and after having an appearance of strength
Oct.
Oct.
Oct.
Oct.
Oct.
Oct.
Interest
17.
16.
15
14
13.
11.
Periods.
given to it on Monday and Tuesday, was fed with long stock
■on Wednesday—probably by the same parties who manipu'
11230 *11238
reg. Q.-Mar. *112** *112% 11°38 *l'2%
4%s,1891
*11238
*11214
*11214
*11210
lated the strong tone beforehand.
*11*%
*11210
Q.-Mar.
4%s,18)1
coup.
*1 97s 120% *120%
*119%
120%
11978
5^.-Jan.
reg.
As to the actual situation of the railroads, affairs certainly 4i, 1907
120
Is, 1907
coup. Q.-Jan. *119 34 119% 1 1 O 70 *11978 l*<)i4
*100
*100
*100
*100
MOn
do not seem to be promising so far as the maintenance of rates 3s, option U. 8—reg. Q.-Feb. *100
*125
*125
*) 25
*125
*125
6 s our’oy, '95
reg. J. & J. *125
*126
*126
is concerned, and matters have been aggravated by the war 6s,our’ey, '96
'127
*127^4 *126
reg. J. A J. *126
*127
*127
127
128
*129
& J. *1*7
between Baltimore & Ohio and the Pennsylvania Road, fol¬ 6s,cur’cy, '97—reg. J.
*129
*128
*129
*131 ! *130
Gs.our’cy, ’98
reg. J. & J. *129
*131
*130
*132
*132
*132
lowed by the open cutting of passenger rates by West Shore. 6s,oar’oy. *99.. .re«r. J. A J. *131
But a disagreement on rates can be settled at any moment;
This is the price bid at the morning board: no sale was maa«.
and although the West Shore does now rejoice in that freedom
State and Railroad Bonds.—State bonds were entirely neg¬
from obligation which always attends insolvency, still the lected until the latter part of the week, when the following
company will not always be insolvent, and a very short time sales were recorded : $5,000 Missouri 6s, 1886, at 10334 ? $1,900
may
see
it in the possession of strong parties. do., 1887, at 107 ; $1,000 do., 1888, at 107)4 5 $2,000 North Caro¬
lines, the main fact remains true lina special tax, Western R. R. issue, at 4)4 ; $10,000 do. 6s,
As
to the trunk
(whatever their temporary difficulties) that for nearly six 1919, at 10534 » $15,000 Tennessee 6s at 39 ; $10,000 South Caro¬
months of the year the regulation of rates between the East lina Brown consols at 106.
-and West is in the control of five parties—Grand Trunk, the
In the railroad bond market the better class of investment
Vanderbilts, Erie, Pennsylvania and Baltimore & Ohio.
bonds continue to be pretty firmly held, with a light business.
Rates for call loans during the week on stock and bond col¬
In the more speculative classes business has been more active
laterals have ranged at 1 to 2 per cent and to-day at 11 Ud 2 per and prices have lluctuated, in some cases quite widely. Erie
cent.
Prime commercial paper is quoted at 5(a)6 per cent.
2ds close at 53, against 5532 last Friday; West Shore 5s at 41
The Bank of England weekly statement on Thursday showed against
4334 ? Northern Pacific lsts at 103, against 103r,8 ;
a loss in specie of £485,000, and the percentage of reserve to
Metropolitan Elevated lsts at 106, against 10434; do. 2ds at
liabilities was 3514, against 32 13-16 last week ; the discount 96, against 94)4; Oregon Short Line 6s at 85, against 84;
rats remains at 3 per cent. The Bank of France lost 1,675,000 East Tennessee 5s at 52, against 56;{4; do. incomes at 13;8,
francs in gold an l 2*>7,500 francs in silver.
against 15)4.
The New York Clearing-House banks, in their statement of
Railroad and Miscellaneous Stocks.—In the stock market
Oct. 11, showed an increase in surplus reserve of $2,215,025
transactions were light in the early part of the week, but
the total surplus being $32,113,300, against $29,897,675 the
later there has been more activity with conspicuous weakness.
p revious week.
On Monday and Tuesday a strong tone was manifested, which
The following table shows the changse from the previous
was mostly the result of a manipulation of prices in antici¬
week and a comparison with the two preceding years in the
pation of the result of the Ohio election.
Thus ' the good
averages of the New York Clearing House banks.
effects supposed to arise from that election were only realized
before it occurred, by the “discounting” process, and on Wed¬
1882.
1883.
1884.
Differences fr'm
Oct. 14.
Oct. 13.
Previous Week.
Oil. 11.
nesday, although the opening was strong, prices gave way
$311,999,400
Inc.
$327,927,700
$137,800
Loans and dis $290,64 P,00*
sharply and have since been weak and declining.
52.206.50)
56.44H.50C’
77,90: !0< hie. 1,♦>95.200
Specie
The coal shares have been a conspicuous feature this week,
18,745,7»<>
738.700
15,177,9 K
12,803,SOO Dee.
Circulation...
314,068.000 (in;. 5,75.*,1<.0 316,477,300 286,771.200 especially Lackawanna, which lias been very active, and the
Net deposits..
21,341,700
24,835,900
32,728.1 » Inc. 1,9<j0,209
Legal tenders.
price lias fluctuated widely.
The coal business is still in a
Legal reserve $78,517,000 Inc .$• ,439.775 $79,119,32'- $71,692,800
'<3,548,200 precarious condition, though the coal combination has ordered
81.284,400
Reserve held.
110,630,300 lue. 3,655,400
$1,855,400 a suspension of work the first week in November and the first
$2,165,075
$32,113,300 Inc .r2,215,6 25
8urplus..
and fourth weeks in December, and this outlook, coupled with
Exchange.—Sterling exchange has been very dull, though the increasing complications in Reading’s financial affairs,
rates have been maintained, and there is no change in the
causes great weakness in the latter stock and in Jersey Cen¬
posted rates from those quoted la-t week. The supply of bills tral.
from cotton and grain shipments ought to be on the increase
The trouble between Baltimore & Ohio and Pennsylvania
was still further involved this week by the withdrawal of the
now, but the movement of securities between this and the
former from all passenger pools, the establishment of an in¬
foreign markets cannot be foreseen.
To-day the rates on actual business were as follows, viz.: dependent passenger route in connectio n with West Shore
Bankers’ 60 days sterling, 4 81]4@4 81)^ ; demand, 4 3414@ between New York and Chicago and the inevitable cutting of
4 84^o. Cables, 4 84)J(a)4 85. Commercial bills were 4 79)^@
rates 011 passenger business.
4 80.
Continental bills were: Francs, 5 2318@5 23?4 and
Manhattan consolidated stock rose 2 per cent on Tuesday,
5 2058'<a>5 213^ ; reichmarks, 94^@94}^ and 95@95 )8; guilders,
in consequence of the favorable decision of Judge Pratt in
the Elevated railroads’ tax suits.
4U);4@ 39;8 and 40@40^.
The following were the rates of domestic exchange on New
The Vanderbilt stocks, including Northwest, have been
York at the under-mentioned cities to-day: Savannah, buying active and weak. The Northwest road shows decreasing earn¬
3.4 discount, selling
discount (5) par; Charleston, buying ings, and the trouble among the Eastern trunk roads is telling
seriously on the business and earnings of the Vanderbilt lines.
3 1G@34 discount, selling par @ )8 premium; Boston 10@20
To-day, Friday, there was a further large decline in prices,
premium; New Orleans, commercial, 50(3)75 discount; bank attributed mainly to the open reduction in passenger rates
100 premium ; St. Louis, 75 premium ; Chicago, 25 premium.
by the West Shore Company, which touched all the trunk
lines, and through them weakens the whole list.
The posted rates of leading bankers are as follows :
The Money
*
—
—
*
,
*
*
THE CHRONICLE.
480
[Vol. xxxix.
PRICES EG It WEEK ENDING OCT. 17, AND SINCE JAN. 1, 1884.
NEW VOltK STOCK EXCHANGE
HIGHEST
PRICES.
LOWEST
AND
I
-
For Full
Year 1883.
Sales of | Range Sinee Jan. 1, 18S4.
Week'
the
STOCK-
Saturday,
l
1
Oct. 11.
Monday,
j
Tuesday,
Oct. 13.
j
OH. 1 1.
i
If AILKOAD.S.
Albany A Susquehanna
Poston A N. V. Air-Line, pref.
Burlington Ced. Rapids iX No.
43
32 %
*43 % '
*'9 l’s
Mj
12 k:
Chesapeake & Ohio
1st prof—.
2d pro I
Do
Do
44
43%
43%:
32%
'Y’i'kJ
40%!
43%
39%
14 %
•»%
112
'
41%
i
33
32%;
*4*5*1.*.
11
4.5*2
•10%
0 %
i
0
rj
14
).,
|
1*03% i*05%;
103% 105 %
i(>
9%
9%
|
1%!
4%!
4%
10
4
8
pref. I
%
-7%
*33
0%'
5%
8
i
j
Haute,..,..!
I
(Shares) J
*5 7
Green Bay Winona A st,. P;ml
Harlem
j
30
Houston & Texas Central
; 121 124
Illinois Central ...'
Do
leased line 4 p.c |
34 ks
120 %
!
11V
15
12 %
-7
U
,
(;*()’ * *
*8
30%
4.5 %'
32
4 3%
•13%
40%
43%!
41%
30%
-1 5
!
8%
1
j 20%
40 %i
(5
0
12
11
0
■
"
Li 1
122"; 120 %121 I
78% 80s I 78% 7<)ife|
100
10«>% 105 ;h! 100
89% 02 j 88% ‘.<0
j
120
111 %
“j
5)0*..
j
40
: 10
12
5
5
*7 %
*32
%!
'5%
*
*10
3%:
“
'38
)>(»
“
'7'b
40%:
<>
11
Long Island
104
,
20
‘-'0
38
20*4
-Ik
i
74%
*04
I
71:t,w
i
20 ki!
1
u"s;
00
20% 20% *20 * *
20 k
7GO
75
<
*4
n
75 ki
70
11
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< /
70
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‘00
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1705
is
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(
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IS
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.
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i
9%
1
14
%;i
87
14 %
27
(
-
93
10%’
10%
178
05
20
05
02
20*t
20%
87
14
>80 *•>
1
%!
13%
!
Chic...i
•>
3%
,;0%
12'
'■Y
95
10
*9
17
1-
1
;
100
100
185
15%:
18%
18%'
12
48 %
1%
18
2
1
IS
j
10%
10%
12%
48
22%
28%
18%
42%
1
I
6
19%
J.s%
43%'
48 %
6
June 12
1
M ay 8
July 11
June20
June23
Juno 23
July 8
4
05
| 20
110
;110
*»« !
300 !
|
70
9
Aug.
8*4 Feb. 15
14% Fob. 15
7
Jan.
8% Feb. 8
51
200
51
140
86
100
2.018
58
Jan. 21
42
Jan. 23
7()
10
Ailg. 18
Aug. 20
| 23
June27
0,02a j
-
June27
Jan. 22
85
18
'•7
10 *4
90%
9 '4
93%
|
-
’
Vk\K
0
%!
8S
8*0** *8*7 "'21
Mk
13%
18%'
J
1
'll% 12*
-
18
18%
21
22%
12%
18%'
18%
13
la
18
J 4 %
22%
28
19
!
T2”;
11
8,305
33,440
200
00
TOO
105,180
•*10!
<00;
13%
13%l
30
80
10
10
800
12.430
1(1
a
4
30
68
38
53%
80
38
90
53
Jan.
24
40
__
,
1,000
;
5
9
115
8
21 ,175
| () I
O
7
Yi”% **i‘i%'
10
-i u
18%
18%
'10 k
4%
23
-
%
4 %
19%
184
42%
19.1
48%'
-11%
12%;!
18
18
17%
17 %
214
19%
12%
*,
12-%
12%'
.-...I
I 4 1.,
*11
8
•)
!
“21
*
*75
12%
1)0
1 1
i
80
I
10
8 1
1
'a
5
%
8
11%
50%'
5 %!
12
12
53%
53%
*8%
83%
13
85
*20
*82**
" 8*3%'
^i11*4
2*2 %
I
15
88
%
42%
4%
25.300,
L>
tn
;> <•>'
*53%
10%
80%
13%
50*2
*8
10
11
81%
10%
84%
10%
*
4
4%
Vi
J 1
50%
58
•
,
28 L'
48
28,!.,
48 “1
88%
8.8%' *87
82
ll
'
50.'4
4%
11%
*.)
*53%
50
50%
9
15%
8 f
*22f*
231"
*42%
48%
1
45!
11%.
9
>8
81
80%
10
I
90
80
81 >4
10%
11
55% 50%'
*4 %..... j
*10
i
55
5„J
50
10
10
80
4
%
-00
11%; *11
i
100
300
23
4 2%
11
85
10
10
*8
1
4.)
8.5
*20
21
4)
42%
89
89
72
79
10
72
80%
53%
5(i 'k
1
1
1 1
55 %
1
55
1
83
83 >2
11
1 1
8 '•>
i
54%
! 114
114
09%
70
55%
.
*3
Quicksilver Mining
5
*0
Do
!
03%
EXPRESS.
135
93
53
*100
1*100
08% 04%
01%'
135
94
53
111)
|
*132%
5)2 %
•
*52
100
04 ",
*130
5)2 %
no
*5)2
>52
*105
5
81
05 %
t
v
55
%!
*130.
*92
95
55
54%
l
05%
110
9."
54%!
01 %
18 8
*92
55
‘107
01%
93
55
110
no
70%
70%
450
5 31 -2
5 5 '.}
54.539
;
*03% *0i'4:
|
*131
921., 92'.,'
*50
55
j
105
110
;
-18,000
50
108
180
; 18
7
8%
21%
18
49%
53%
90%
14%
36%
14%
32
89
28
12
20
28! 40% 61 %
14 i 129i* 138
4
15%
11
72
47
Feb. 14
39
Feb. 15 • | 21
23
Feb. 4 i 14
34
Mar.21 j 15
85
Mar. 17;| 35
103
Feb. 5' 80
I
i
Jau.
y May 20! 32 Jau.
1
I
j
7!
11!
101
7
o
If.i
01% Jan. 8
171127% Apr. 10
J une 27! 17%'Mar. 17
May
Oct.
11
19
9
Jan. 7
60% June20! 112 Jan. 28
31
May 10! 50% Mar. 17
7
90
'■
May 24 117
Jan.
3% J une 30;
6% Feb. 11
20
Juue20’ 32% Feb. 5
49
May 14 78% Feb. 10
10
120
87
45
98
29%
90
20% A ug. 221 20 % 30%
59%
50
Mar. 18! 40
100%
90% Apr. 10! 87
78%June27: 99
j
7i
Junc30j 32% Jan 9}
July 11| 90 Jan. 20;
Feb.
Jan.
Feb.
July 15,137
Apr. 24
June 2 4 102
Mar.26
33
90
94
40%
97%
57
69%
109%
17% 43
70% 104%
15
36%
29% 57%
118% 140%
14
39%
102% 112%
15
55
56
90
25
125
91 %
150
28
44%
112% 134
5
9%
30
46 %
71%
88%
126% 135
88
94%
55% 65%
May 17 01% Feb. 7
May 20 115
Feb. 13; 113
Juno23 80%
June 13 152
23% Oct,
7 24%
33
Feb. 11
33
1
Feb. 14
2
10
50
July 17 82
1137 Apr. 12 145
100 | 22
Oct. 14 21
i 45
May 15 90
15 i 138
June 18 140%
142
..
Columbus Chic. A Tnd. Central
58
Joliet A Chicago
Louisiana A Mo. River
Ohio A Mississippi, pref.
Rensselaer A Saratoga
United Companies of N. J
....
....
112
142
128
10
10
100
2L
21*
*100
*2‘.
Board.
15
8
9
It
264
7
78% 84%
150
Feb. 16! 140
00
38
49%
Sept.
11
31
68%
Feb.
1%
7%
Jan. 171
92
77
Mar. 10}
138
Mar. 4: 138
25
0
13
Oct,
96
112%
Jau.
Jan.
18j
139% 145%
Apr.
8 193% Mar. 21! 187% 197
20
31%
24;
July 291 21 Jan.
19
8
Mar. 25! 11
Jau. 4:
1.7
10
June 9! 15
Feb. 211
35 %
May IO,’ 29% Jan. 29, 18
280%
Feb. 19 264
Feb. iy 260
192%\Jan.
tho prices bid and asked ; no sale was made at the
32
June271 50
11
62
Topeka A Santa Fe..
Chicago A Alton, pref
Citin. Sandusky A Cleveland
Columbia A Greenville, pref...
58
7i!
29%
-
Atchison
Dubuque A Sioux City
3; 61
20:
Oct, 171114
May 10' 17%
1122% Jan. 7|170
100
8%.Juno28 05%
10
1,048
31 '-j
01%
July
Ju
15
05
500
j I 10
Jau.
11% Oct.
1 % J „)vT 24' 10%
19
Aug. Oi 24
30')!
7
5,877 ! 83
8%
88 v
113%
*3
......
INACTIVE STOCKS.
ii
32
12
485; 49
■}
19
55% 50%
113% 11 1
Junel2|
100
8
*09%
Feb. 25
Feb. 15;} 32
Jan. 7M 23%
7.102!
5 % J uno 27 i 22 % Fob.
258.012; 28 June301 84% Feb.
50.)
4
June27 19% Jau.
'•_>
< i
n r»
11 tn\
July 31
% J une 26.
24%Juno30'
70
May 15!
730
7i
10!!
7ji
11! [
20% 40%
83
72
June24! 17% Apr. 4
17% 62%
183
July 7; 184
May 13109
T
0*7
1 i! 1* 1
H 1
1 fv f
6 % June 20
34 % J an.
June 20
1734 Aug.
21
Oct. 15; 00% Feb.
120
June30;135
Apr.
2% May 21 i
5 Jau.
| 70
......
55% .)0%
54% 55%
113%. 113% li;*H> 111
114
|
5,015
|
J
19
*09%
18
Apr.
Julv 1
10% Fob. 15l!
7
May 14: 2034 Feb. 14 1 1334 35
105
Juno-24'1.(0 JuneUh; 90
June20j 94% Apr. 12% 83% 89%
800 i
(ilo :
405
----
..
Oregon Improvement Co
Oregon Railway A Nav. Co
10
Jan.
a uu.
55
19
i
*83%
82
11
aa%
4
89
*80
l 1^
..
.
5
200
21% 22 ! 21% 22
| 127% 127127% 127%
.
42%’
X'2
95%
100%
7} j 4934
l%Juuel8*
4% Sept. 5
2
14 % May 14! 25% Mar. 17 i
21
7*52*5
'
J
18
4,021
5,017
800
200
.10%!
4 %
23%
‘80
10%
Apr. luj
32
129%
64%
129%
15%
Jaii. 29! 11 *
22% July 9 42
14
June27} 27
37 % June-27; 57%
1
---)
17
12%
76
77
June 27; 10%.I an
15%
4%
2% OH. 9!
0
Feb. 28!|
9% Aug.20 18*4 Feb. 10; 14
1,920
i L* Vi
*30%
Mar. 18
Jau. 11
; S3
| 11%.Tunc27! 28%.!au. 6!20
June27} 71 Mar. 3!
i
--.
9234 114%
58
86%
40% 58%
48%
35
7%J uue23 18% Jan.
1634 30%
68%
17
J uno 21
30% Feb.
33
9%June27 23%Jau. 5j 19% 34%
106%
63% May 2OI100 Juno21j| 86
19%
0% Juue20j 1334 Mar.24:; 10
500
17%
95%
82%
Aug. 20
93% Apr. 7
05
Aug. 21
70
Aug. 22
35
32% May 26! 44
100
i;i%
41 %
- V
R>' |
>18'_.
5
7
4
15
4
07
June30 105
n:u. 11!
Feb.
10%
200
148
124
77
84%
17% 35%
13% 33%
j 5134juno27! 91% Mar. 4
30
9
9
122
120
34 %
89*.» 92%
k»
5 %
0 %!
125
‘b
*5 %
0%
1 2
10%
LS%!
6
190
50
Mar. 18
Jan.
4
Feb. 13
Mar. 0
_
l,,
18%
21% 28%
10
Adams
American
United States..
Wells, Farcro A Co
3% May 14
12
June21 20*4 Jau.
0% June27 19% Jan.
73 %| 113,012 ! 67% J uiie'27 104»4 Mar.
02 V
q.>0 02 May 24 78% Mar.
1 5,080
27 1
22% Juiie 24 51% Mar.
13
131%
51%
11%
11% 23
45
75
4%
---
iiriSOELT) XNF.Ot S.
12%
*28
80
1*123
95
If*
42'
137*4
129%
108 ki
122*4
140%
.Tan.
21%
.
3i%!
%
lo
j* *;» J
---
pref.
arc
a
50
12‘
■
1
.
13*4 Jan.
35
10
Wabash St louis A Pacific....
Tlnvie
1
00 %
*11%
178
35 k:
27
2.59
1O0
Itich. A Aileg., st’k trust ctfs.J
Itichmond A Danville...
.}
Richmond A W’t P’t Terminali
Rochester A Pittsburg
}
Romo Watertown A Ogdensb..
St. Louis Alton A Terre Haute!
Do
pref.!
St. Louis A Sau Francisco
I
Do
pref!
Do
1st pref.i
St. Paul A Duluth..
J
Do
]>rcf
I
St. Paul Minneap. A Manitoba1
Texas A. Pacific
'
Union Paciiic
*
07%
70
*28
18
90 %'
!
10*2
10
18%‘
2.5
2334
7j 1434
Sjl28
16 }115%
3 9134
16 i 115
12 115*4
’
9%
"
178. ITS
|
>10 >2 11%
*10% ' iT'i
1.
Evansville..!
Virginia Midland
Homost ke Miniug Co
Maryland Coal
Ontario Silver Mining
Pennsylvania Coal
15%
*12
12%
74%
58
40
>
10
t
j*4'' i **13%
t
■
91
9.5 %
'
1 3-v
20
1]
*18
29
18
95 %
90%;
10
9
I
125
j >123 1
18%:
i-eb.
13
23
2.11.5
j 5 7.5
200
700
!
03
80
%
*9
Oregon Short Line
i
Oregon A Trans-Continental...j
pref
Western Union Telegraph
0
Sept.26
17k> Oct. 14
■*
>13
Jan.
;
5j 10*2 22
57%
11:} 33
55
21 %J une 2(5 38*8 Aug. 20j I 30
2,021 ; 80a4June27 100 Aug. 20i| 91
113%
500 | 28
84
June27; 00% Mar. 14;! 54
;125% Juno24i 141 Apr. 1:1124% 142
80
()•) %
88
12'4
78%
70
ir;
00 %
2
Feb. 11
95%June27|ll9
10
v/
Do
prefo
Missouri Kansas A Texas
!
Missouri Pacific
I
Mobilo A Ohio
1
Morris A Essex
|
Nashv.Chattanooga A St. Louis
New York Central A Hudson.;
New York Chic. A st. Louis.. J
Do
prefj
New York Elevated
1
New York Lack. A Western...!
New York Lake Erie A West.*
I)o
pref.!
New York A. New England
j
New York Now Haven A Hurt.
Now York Ontario A Western.1
Now York Su -q. A Western
Do
pref.
Norfolk A Western..
Do
pref
1
Northern Pacific
Do
pref
Ohio Central
j
-Ohio A Mississippl
;
Ohio Son thorn
|
Pacific Mail
Pullman Palace Car Co
j
12
40
’07 *%’97 %
American Tel. A Cable Co
Banker8' A Merchants’ Tel
Colorado Coal A Iron
Delaware A Hudson Canal
Mutual Union Telegraph
New York A Texas I,and Co
Jan.
15
-14,718! 81 % juno23; 124 1 eb.
157
1,715 ,117 June23 149% 1 eb. 12! 134
805 :100% June23 120% 1 eb. 11 ■
j 116 % 127%
35
”10%
70%
June27
,Tune23'140% Feb.
-----
Minneapolis A St. Louis
D<
20%
*11
pref.!
Pittsburg Ft. Wayne A
ks!
05
5
Ok:June,201 28
7 May 20i 17
June27; 127“4 Feb.
121 % 121%
;
Jan. 18|
3,701 107
280 |
2,484 '
4 %
188 ' Ess
0
*
17
14
May 22j 12
j 82
Milwaukee L. Shore A West’11;{
Philadelphia A Reading
27
10 *4 *10
12% *12 *•>
75%'
75%
8
184,805 j 58%June27j 94% Jan.
------
Memphis A Charleston
Metropolitan Elevated
Michigan Central
Peoria Decatur A
74 3b
05
7 Iks
Louisville A Nashville
Louisville New Albany A Chic.
Manhattan Elevated
1st pref..
DO
common.
Do
consol...
Do
Manhattan Beach Co
Do
1 0 *4
80
118
------
1234
-
I
V-
...
120
120
j
120
12<)kr
70 It 70V
105 % 105 %}
80
89 %i
1 28
1 25%:
114
111
31%
i.
31k:’*
85
120%,*121 % 128
June 28
June271 58*4 Jan. IS
18.5
135
84 :*4
75
80
48% 05 %
47% 71 %
10
17%
10
08% 90
01
88
---
.
5%
SO
80
23,340
10,120
1,227 j
105% 100%i 104*4 100 *4'
10 ‘ 19
9%
10%
9%|
5 %'
4%
4%!
■U>4
Uq
7 *ts
7
i
7:q
%j
8%|
.5 %
%
8%
High
127
78
Jan. 80
Aug. 10
Juii. 10
4,1 10 ;
100 !
j
10
80 *4!
02
j
40
!
’30 V,
"32' j'
3*i
Low.
Highest.
1
f i.
!w>i
4
8
Si
.
*92
40
%
>0%
122
120
1 27 '• > 128
114
1 15%' 114
>
•
*12
•14
■
Indiana Bloomingt’n A West’ll}
Lake Erie A Western
!
Lake Shore
*
Lowest.
July Hi 185
I 80 % Mar. 27 j 1K)
......
’
}o*.5*% 10*7%) -.1*05% *107%'
8%;
30
5
3%’ 40
40%
1
1
34
i
!
4.5
40 !
11%
0%
8 '.j
8ll
181 :,.j 181k.
! I
*
4
“j
Cleveland A Pittsburg, guar..
Delaware Lackawanna A West
Denver A Rio Grande
j
East Tennessee Va. A Ua
i
Friday,
Oct. 17.
.1
'•
•1.5
45%;
33 %! *32
122
122
i 120% 122 s 122
;
7 8% 80%,
78 % 79%
79% 8< i % ’
100
105 % 105%' loo
dh; : 1(H)
;
80 ;k
<(1
5)0% 02 !
80% OK's!
120
125
125 k; 120
j Q 201-127 I
114
115
i 114 111 |
11 1 % 1 15
*s
9 *. •!
9 *•>'
•s
*8
0*o'
*18
20
1S% 18*.J
17% 17 %!
3 1 •'h
20 k.
30
30 %!
30%:
31%;
02
92
90% OOI.V
j 92*.> 92 '•>'
41
! •10 * 40
11 ~i *37
*38
pref.
Cleveland Col. C inn. A Ind
Evansville A Terre
!
120
Do
Do
1
j
;
v7%
Chicago & Alton
Chicago Burlington A Quincy.
Chicago Milwaukee A St. Paul
Do
prof.
Chicago A Northwestern
Do
pref.
Chicago Rock Island A- Pacific
Chicago St. Louis A Pittsburg.
Do
pref.
Chicago St. rani Minn. A Oin..
Wednesday,1 Thursday, j
Oct. 15.
j
Oct. 10.
;
,120
i
Canadian Paciiic
Canada Southern
Cedar Falls A Minnesota
Central of Ncat J orsey
Central Pacific
!
OCT0BE1 18,
CHRONICLE.
THE
1884. J
431
QUOTATIONS OF STATE AND RAIUUOAD BONDS. Ot'TOBESS 17, 1S81.
STATE
Alabama—Class A, 190G.
Class B,
5s, .1906
79
80
.79
104
80
*10
*10
*4
*;)<)
*102
*107
Georgia—Gs, 188G
7a. 1S8G
7s, gold, 1890
1
Ask.
105
i
Fnndinsr act.
1SG6-186S1
!
I
Wil.O.&Ku.R.
Do
Consol. 4s, 1910
i
!
Ohio—6s, 1886
South Carolina—
Gs. Act Mar. 23,
Bid.
Ask.
;
SECURITIES.
PDel. L. & W.—Contin’d— j
!; Morris A Essex—1st, 7s
!
2d. 7s, 1891
i
>!
M. * E. bonds. 7s, 19001
ilailrond Bonds.
(Stock Erehivae Pries9 j
Ala. Centra! -1st, Gs. 1918
Alleg’y Cent.—1st,Gs,1922
Ateh.T.* S.Fe—4 Vs,1920
Sinking fund, Gs, 1911..1
AtL & Pac—1st, Gs, 1910.
Balt.* O.—1st, Gs, rrk.Br.,1
Bost. Hartf. A E.—1st, 7s
Guaranteed
Bur. C. Rap. A N o.— 1 st,
5s
Consol., 1st, 5s, 1934... j
Registered
Minn.&St.L.—lst,7s,gu.
la. City.* West.-1 st, 7s
!{
90
11
77*2
r jo
103
Gs. new, 1892-8-1900
L8:.
: 130
,
Gs
General, Gs, 1924
97^ 98
Can. So.—1st,int. guar. 5s
2d, 5s, 1913
1
1 *8
Reg., 5s, 1913
:..J
98 V
Central Iowa—1st, 7s. ’99,
East. Div.—1st, us, 1912 *02
50
311. Div.—1st, Gs, 1912..|
Char. Col. & Aug.—1st, 7s, *100
*103
Ches.& O.—Pur.monevfd.j
i*08
6s, gold, series A, 1908 . 107
V
,
”
La. & Mo.
Couv., assented, 7s, 1902!
Conv. debent. Gs,
1908..
i
*s
Kvrl
137
1
!
11G V 117
1st, I. & M., 7s, 1897
1st, I. * D., 7s, 1899....! 11G
128
1st, C. *M., 7s, 1903... 125
Sink, fund, Gs,
1929, reg
Sinking fund, 5s, 1929..
Sink, fund, 5s, 1929. reg
Sink’gfd. dob., 5s, 1933
25 years deb. 5s, 1909..
Registered
Escanaba*
N.OAMob—lstG,
1st, 4-5-Gs, 1909
2d, 4-5-Gs, 1909
i
Eastern I)iv., Gs,
103
iimi i Y6**|
no
!
100
-oi3
94 V
L.S.—lst.Gsj
Dos M.* Min’ap.—1st,7s
Iowa Midland—1st, 8s.. b 127’
Peninsula—1st, conv. 7S'* 120
Chic.* Milw’kee—lst,7s' 121
123
’87i
2d, 7s, 1907
..
!
«!
115
Chic.* E.Ill.—lst,s.f.,cur.
Chic.St.L.* P.—1st,con.5s!
Chic. & A tl.—1st, 6s, 1920!
104
‘104
112
Chic.*W.Ind.-l st. s.f., Gs;
Gen’l inert., Gs, 1932
Col.* Green.—1st, Gs,191Gl
134*’
"1-
*
No jirices Friday; these are
:
jioiv
118
114
*95
2d. 7s, 1891
S’tliw.Ext.—1st, 7s,1910
100
(125
|
i 120
100
i
1113
I
|101
i
j
Consol., 1st, Gs, 1922
...
TUOIov
Sn
Til
50
.
•k
91V
80*
|
71
N.Y.Susq. A West.—1 st, Gs j
Debenture, Gs, 1897
!
j
*89
1st. 8s
1911
107
......
1st,
102
105
100
99
HO
,
j
1921..j*
70
j 120
....
I------'HI
80
,
...
.
88
90
*7*8**
cc.
85
90
82 V
83 V
92
latest quotations made this week.
*93
....
.
O-do
98 V
.......
.....71
......
-
Tef’l trust, Gs, 1910
......
......
i
-
.....
85
......
55
39
G9
......
......
•-••••
......
82
53
85
1
05
!
.
....
.
.
...
70
102
!
92 V1
Tol. & W.—1st, ext., 7s
1st, St. L. Div., 7s, ’89
2d. ext., 7s, 1893
^
G9
101 V
90 V
Kt.L.K.C.AN.—R.e.,7s
Omaha Div.—1st, 7s
Clar’da Br.—Gs, 1919
St.Chas.Bge.—1st, Gs
7s.
West.Un.Tol.—1900,coup.
No. Missouri—1st,
Pacific Railroads
Central Pac.—G., Gs
Joaquin Br.—Gs..l
......
Han.* Naples—1st, 7s
Ill.* So.Ia.—1st,ox.,0s
:| Evans.Div.—1 st,0s,192<),
j'Peoria* Pek.U’n—1st, Gs.
52V!....
78
1921
! Or.&Transc’l—Gs,’82-1922
i Oregon Imp. Co.—1st, Gs.
j Oreg’n RR.* Nav.—lst.Gs
Panama— S.f., sub.Gs, 1910
Peoria Dec. & Ev.—1st,Gs;
— I
85
99ai 100
--„
★
Equipin’t bds, 7s, ’83.
Consol, conv., 7s, 1907
Gt.West’ll—1st, 7s, ’88
2d, 7s, 1893
Q.A Tol.-lst.7s, 1890
i Oreg’n* Cal.—1st,Os,1921
San
90
104
82 34
k
i
jl20
1920
!
99V
★
!
is
!'Ohio So.—1st, 6s,1921
103
......
!
74
,1920
w
.....
*110V
108V 110
109 V 110
2d, Gs, 1909
Dakota Ext.-Gs, 1910..
1st, consol., Gs, 1933
1st. cons., Gs, reg., 1933.
Tex.* N. O.—1st, 7s, 1905
11 Sabine Div.—lst.Gs,1912
Va. Mid.—M. inc., Gs, 1927
95
11G v
117 V 118
113 V
1
1 97
104
110
104
106 V 107 V
10G
104
GG
67
110
112
104
120
•
!
k
......
Div.,
i 42V
.
89
52 V
’97 *107
|
(
.
50 V
93
Rich.* A lleg.—1st,7s,1920
Incomes, 1900
68 V
.
*
84 V; 85*i} Wab.St.L.APac.—Gon’IGs
Midland of N.J.—1st, Osi
Chic. Di^.—f>s, 1910
iN.Y.N.II.AII.—1st,
rg.,4s 108
'
Nevada Central—1st, Gs.. j
Hav. Div.—Gs, 1910
103
V
103
V
Tol.
P.AW.—1st, 7s, 1917
iN.Pac.—G.l.gr., 1st, cp.,0s
1
102
Iowa
Div.—Gs, 1921
j Registered, Gs, 1921
In.O. Pac.—1st, Gs, g., 1920'
Ind’polis
Div.—Gs, 1921
53
102V
Detroit Div.—Gs, 1921..
iNorf.cfeW.—Gen’l, Gs.1931; *....
107
106
iio
j
Registered, 5s, 1931
H3*
-
4 iV
*40
102 v
Louisv.N.Alb.&C.—1 st.Gs
General mort.,Gs, 1914.
......
Rocli.* Pitt.—1st, Os,1921
Debenture Gs, 1927 i
Atl.* Oh.—lst,pf.,78,
.....
G8
107
Con., 1st, ext., 5s, 1922.
General, 5s. 1920.,
N.Y.W.Sh.& Bnff— Cp.,5sI
,
j
General, Gs, 1930
j
......
!
Gs! *9G" *97*’
Nashv. * Dec.—1st. 7s.
S.& N.Ala.-S.f.,Gs.1910
...!
Louisv. C.& L.—Gs, 1931
Trust bonds, Gs, 1922...
L. Erie A W.—1st. Gs, 1919
0/ -2
Sandusky Div.—Gs, 1919
i Laf.Bl.A M.—1st, Gs, 1919
2d, Gs, 192G
I
CO*
Col. H.Val. & Tol.—1st, 5°
Del. L.& W.—7s, conv., ’9v
127V129
Mortgage 7s, 1907
Syr.Bing.* N.Y.—1st,7s 120
ioi
130
126
no
118
105
1898
J
2d. 3s, 1980
2d, Gs, 1923
:
|
125
| 12G
| 108
2d, gnn/r 7s 1808
Pitts.B.A B.—1st, Gs, 1911
Romo W.& Og.—1st,7s,’91
Harlem -1st, 7s, coup...
Min’s Uu.—1st, Gs, 1922
1130 i
130
St. P. & Dul.—1st, os, 1931
!
1st, 7s. reg., 1900
|
1N.Y. Elev’d—1st, 7s. 1906 117 V 117 Vi So. Car. It’y—1st, Gs, 1920
!
,
N. Y.P.A O.—PrJ’n. Gs, ’95 *103
2d, Gs, 1931
30
N.Y.C.& N.—Gen.,Gs, 1910
| Sheiiand’hV.—1 st,7s,1909
*
•
28
|
35
j
Trust Co. receipts
*28
General, Gs, 1921
1104'•«' Tex.Cen.—1st, s.f.. 7s, 1909
N.Y. *. N. Engl’d—1st, 7s, 104
*90
:
| 93 V
1st mort., 7s, 1911
1st, Gs, 1905
Tol. Del. & Burl.—Main,Gs
N.Y.C.*St.L.~lst.Gs, 19211 90 v!i 97
!
2d. Gs, 1923
!
1st, Davt.
Gs, 1910
11G
Pensacola Div.—Gs,1920
St. L. Div.—1st, Gs, 1921
|
87V'
2d 7s
!
j 93
......
St.L.V.AT.H.—1st,g.,7s *117
r—i O O r?
85
|
4th. s.fd., Gs, 1892
...
......
137 V
......
lOG'V 10G-V
1
121V
Long Isl. RR— 1st, 7s, ’981 121
* 115V
Mil.* Mad— lst.Gs, 1905s
1st, consol., 5s, 1931
*101V 103
Louis. West.—1st, Gs
I
C.C.C.& Ind’s-l st,7s,s.fd.
Louisville & Nashville—
Consol. 7s, 1914
i iiov
Consol, sink.fd., 7s,1914j
Consol.,7s, 1898
112V 113V
103
Cecilian Br’cli—7s, 1907
General consol., Gs, 1934
Sa V
....!
C.St.P.M.* O.—Consol. Gs; 111V
1930;
j 80V
118V
2d, Gs, 1930
!
!
C.St.P&M.—lst.Gs, 1918
Win.* St.P.—1st, 7s,
2d. 7s, 1912
3d. 7s, 1912
!
103 V
Lake Shore—
i
t
M. S. * N. I., S. f.. 7s
104 ;
;
Cleve. A Tol.—Sink’g fd. 103 V
:
New bonds, 7s, 1886.. 102V
■
Cleve. P. A Ash.—7s— 112
1114
117
Buff. * Erie—New bds
122
Kal.A W. Pigeon—1st..
'
Det.M.A T.—1st,78,1900,*! 18
123
Lake Shore—Div. bonds 119
120
Consol., coup.. 1st, 7s
Consol., reg., 1st, 7s
119 V
Consol., coup., 2d, 7s.. 117
Consol., reg., 2d, 7s ... 117a4 118
V'
97
!
127
) Indianan.D.&Spr.—1st,7s1
2d. 5s, 1911
|
1
Int.&Gt.No.—1st, Os, gold
12GV
Coupon, Gs, 1909
'
93
Gs, 1909.
Ask.
*136
Clev.Ofc Pitts.—Cons.s.fd.
1
104V105
131
1131V
|130 V
102 V
8**
;v;v
Pitts. Ft.W.A Chic.—1st
103 V1103 V
!
10G V
Houst.E.*W.Tex.—1st,7s!
j
97
j
Metropolit’n El.—lst,190& i 105ai 106 V
95 Vi 96
2d, Gs, 1899
Mex. Cent.—1st, 7s, 1911.)!
SH l
j. j.20 V!.
Mich.Cent.—Cons.7s,
go”
2d, Waco* No., 8s,1915
General, Gs, 1921
'
I
P.r.ASt.r,.—2d, 78,191? i
100
1
104 V
*92 V
118
119
2d, Gs, 1913
119
121
Illinois Central—
!
\
110 V 111
Springtleld Div.—Cp. Gs.
]
90
93
Middle Div.—Iteg.,5s...j
1
107
C.St.L.* N.O.—Tend.,7s
1
119
119 V
1 st, con sol 7s, 1897.. *1-0V
!
113
2d, Gs, 1907
95
95 V
|*10?> V106
Gold, 5s, 1951
95
97
1
Dub. * S. C.—2d Div., 7s *H»
! ---95
Cod. F. A Minn.—1st, 7s1
illO
93
93 V Ind. Bl. AW.—1 st prof., 7s *
Sink, fund, 7s, 1885
’ 103
Consol, bonds, 7s, 1915 J
Extension bonds, 7s, ’85! 103
103
1st. 7s. 1885
120
Coupon, gold. 7s, 1902..
Regist’d, gold, 7s, 1902.,
Sinking fnud, Gs, 1929.. i’
53
...
2d, Gs, 1923
ii7*‘
j
GO
*12 V
110
II.—1st, cons.,
Mt.Vern’n—1st, Gs, 1923!
Fargo * So.—lst.Gs, 1924!
]
121V
C.*L.Sup.Div.,5s, 1921,
95
f
k
N.Y. L.E.* W.-New2d G!
Collal’l trust.Gs,1922.!
i Ev.* T.
129
Wls.A Min.Div.,5s.l921
Terminal 5b, 1914
Chic. & Northwest.—
5s, 1930
45
40
**
1
Penn. ItR.—Continued—
GOV St.L.* Iron M.t.—1st, 7s
1043b 105 1
id. 7s, 1897
Cons. 7s, 1904-5-6
Cons. 2d, income, 1911..
i
70 |
Arkansas Br’ch—1st, 7s
*
103
1
Cairo*
j......
Fulton—1st, 7s
I II. & Cent. Mo.-1st, ’90
Mobile* Ohio—New Gs.. 103 V 104 V
Cairo Ark. * T.—1st, 7s
!
Collater’l trust, Gs, 1892]
|
j Gen’l r’y * 1. gr., 5s,1931
!
1st. Extension, Gs, 1927; ......j......! St.L.Alton & T.H.—1st,7s
......j......!
2d, pref., 7s, 1894
Morgan’s La.& T.—1st, Gs!
;
Nash.Chat. A St.L.—1st,7s! j igv!
2d, income, 7s, 1894
!
|
40
45
Bid.
SPiCURITIES.
j
Pac. Ext.—1st, Gs, 1921.
Mo.K.A T.—Gen’l,Gs, 1920
Buff.* S.W.—M.,Gs,1908i
1
7s, 1905
}
1st, 7s, I.& D.Ext., 1908
1st, S.W. Div., Gs, 1909.!
1st,5s, LaC.* Dav.,1919
1st,S. Minn.Div.,Gs, 1910,
1st, H. & D., 7s, 1910.. J
Chic.* Pac.Div.,Gs,1910
1st,Chic.* P.W.,5s, 1921 j
Min’l Pt. Div., 5s, 1910.!
*44
Fundingbs, 1899
Bid.
| Ask.
*76
j
Coupon, 58, 193
|
*39
43
*37
*37
*50
*36
*10
*6
*109 V
*109 V
"109 V
Registered
I
40
•
......
78
1 84*
15 V '120
;
;
I
*124 V
Gal. Har.* S.Ant.—1st, Gs;
“1(12 V 105
i
112 V 113 V
Mex. * Pac.—let, 5s—!
102 V 103 V
2d, Gs. 1931
i
103 V Gr’nBayW.&st.P.—lst.Gs1
104
Gulf Col.* 8. Fe—7s, 1909
’i)6”
Consol.
cons.,
5th, 7s, 1888
1st, cons., gold, 7s, 1920;
1st, cons., id conp., 7s..|
Reorg.. 1st lien. Gs, 1908;
Long Doekb’nds, 7s, ’93;
Buff.N.Y.* E.—lst.1910!
-
lstconsol.assented,1899j
1st,
3d, extended, 4 Vs, 1923
4th, extended, 5s, 1920.!
128 V
5s, sinking fund, 1901 .J
‘
97
5s, debentures, 1913—j 97
la. Div.—S.fd., 5s, 1919' 103
,
9(JV
Sinking fund, 4s, 1919
87 V
Denver Div.—4s, 1922..!
1921
!
C.R.I.& P.—Gs, cp., 1917.!
i
85
:E.T.Va.*Ga.—IstJs.lOOOi
1
*110 V 120
Plain 4 s,
US’
131
1900;
1st, consol., 7s, 1910
j
1st, guar. (564), 7s,’94! -•-2d, (300), 7s, 1898
*117
2d, gnar. (188/. 7s, ’98'
Miss. R.Br’ cro— 1st, s.f.Gs1
C.B.& Q.—Consoles, 1903;
;
Ask,
BONDS.
.....
Denv.& Rio Gr.—3 st,
,,
Bt.L. Jack.* Chic —1st
120
il*:i*
Don.So.Pk.A Pac.—1st, 7si
Den.* RioG.West.—1st,Gs
118V
Riv.—1st, 7s.
2d, 7s, 1900
i if ^
1st, consol., guar., 7s.. i 322
N.Y. Lack.* W.—1st, Gs 117
Registered
;
1
1st, cons., gu.. Gs, 1900 iVi'v
Registered
j
Rons. & iSar —1st, cp.,7s! 134” 13G
-----
Buff. N.Y. & P.—Cons.,
*39
...
Bid.
District of Columbiar—
3-G5s, 1924...
N.Y.AM.B’l*—1st.7s.’97
Marietta * Cin.—1st, 7s.. 1
guar.7s,190Gj
------1
C.Rap.I.F.&N.—lst.Gs
1st, 5s, 1921
!
140
3
39-s
113>Registered, 5s,
113 V 114
Jack.Lan.*Sag.—Os,’91.
130
128
* No.—1st, Gs, 1910
Milw.
1st, Pa.Div., cp.,7s, 1917
120
I
1st, Gs, 1884-1913
1st, Pa. Div., leg., 1917.i
Alb. * Susq.—1st, 7s ...! 108 V
Mil.L.S.&W.—1st,Gs, 1921
Minn.* St.L.—lst.7s, 1927
! * 102
2d, 7s. 1885
'124
i
Iowa Ext.—1st, <8, 1909
V
Ist.cons.,
104
----
134
112
Gs, consol, bonds
6s, ex-matured coupon.
Gs, consol., 2d series
6s, deferred
105 V
SECURITIES.
Construction, 5s, 1923
ijDel.* Hud. Canal—1st, 7s. 114 V
!| 1st, ext,, 7s, 1.891
i
;!
113
*10
85
Ask.
I05a4
Ol,
1
|
7sof 1871,1901
Bid.
C’mp’mise,3-4-5-68,1912
Virginia—Gs, old
Gs, now, 18GG
-
I860)
nou-fundable, 1888. i
Brown consol’n 6s, 1893
Tennessee—Gs. old, 1892-8
8
1 Tennessee—Continued—
Gs, new series, 1914 ....
1
*82
105
*105 V
(is, 1911)
!
SECURITIES.
4 V
4 Si
82 V
3'h
3J4
Special tax. all classes..
i
Ask.
18
New bonds, J.&J., ’92-8
RAILROAD
SECURITIES.
Bid.
SECURITIES.
i Loui fiana—7s, •’.’>U8.,1914' *72 !
Ex-maturea coupon
i *62
Missouri—Gs. 18SG
! 103 V
!
6s, due 1889 or 1890
! 109
or Univ.. uue’92!A109
i Asyl’m
Fundbig. 1894-95
115 :
i Hannibal * st. Jo., ’80. V108
New York—Gs, reg., 1837|A 106
6s, loan, ISO 1
*111
Gs, loan, 1892
1*115 j
,
!’T 17 ;
Gs, loan, 1893
N. Carolina—Gs, old; J. AT.!
28
*n>
7s, Miss. O. * Ft. R. HR.
7s, Arkansas Cent. RR.
!
Bid.
‘
RONDS.
,
0
*10*’
7s, L. Rock * Ft. S. iss.
7s, Merap.& L.Rock RR
7s, L. R.P.B.&N.O. RR
SECURITIES.
|
.
,
Class C, 4s, 1906
6s, 10-208, 1900
Arkansas— 6s, funded
*
AskJ
Bid.
SECURITIES.
|
4
’
110 as 111*4!
1900, reg
102 V
N.W. Telegraph—7s,
”
19041
Cal. & Oregon—1st, Gs
jlOO
Mut.Un.Tel.—S.fd,Gs,19111
*99
Cal. * Or.—Ser. B,
Spring Val.
Land grant bonds, Gs.! *98V-..|....
INCOME BONDS.
West. Pac.—Bonds, Gs! 105
Nodi way (Cal.)—1st, Gs
96V'
97
V
So. Pac. of Cal.
lst.Gs
(Interest payable if earned.)
96 V
!
So. Pac.of Ariz’a—1st, Gs
95 V
So. Pac.of N.Mex.-l st,6s
Alleg’ny Cent.—Inc.. 1912
111 V 112
Union Pacific—1st, Gs
j Atl. & Pac.—Inc., 1910...
! Central of N. J.—1908....
Land grants, 7s, ’87-89 105 V 106
114
| Ceut.Ia.—Coup. deb. certs.
Sinking funds, 8s, ’93.
114
; Ch.St. P.*M.—L.gr.inc..Gs
lleg , 8s, 1893
Chic.* K. Ill.—Inc.. 1907
Collateral Trust, Gs...
! DosM.A Ft.D.—1 st,inc.,Gs
do
58,1907
Kans.Pae.—1st, Gs, ’95 ioGv 108 j Det. Mack. & Marq.—Inc.
6s.j
WAV.—lst,Gs|
....
..
15V
17
......
1 107
E.T.V.&Ga.—Inc.,68,1931
1st, Gs, 189G
Denv.Div.Gs.as’d, ’99 108 V lOa-V* Elizal). C. & Nor.—2d, inc.
90
V Gr.BayW.A St.P.—2d,inc.
1st, consol., Gs, 1919 ! 90
j Ind. Bl. & W.—Inc., 1919
C.Br.U.P.—F.c.,7s, ’95 MOO
t
85
At.C.A P.—1st,Gs,1905
Consol., inc., Gs, 1921...
86
‘80
At. J. CO.& W.—1st, Gs
( Ind’sDec.A Spr’u—2d,inc.
85
86
1
Trust Co. certificates..
Oreg. Short L.—1st, Gs
94
95 V i Leh. & Wilkesb. Coal-’88
Ut. So.—Gen., 7s, 1909
95
■Lake
E.& W.—Inc.,7s,’99
i
Exten., 1st, 7s, 1909
93
91
1 I Sand’ky Div.—lnc.,1920
Mo. Pac.—1st, cons., Gs.
104 V iLaf.Bl.&Mun.—Inc.,78,’99
*103
3d, 7s, 1906
Mil. L. Sh.* W.—Incomes
Pac. of Mo.—1st, Gs... 10334
107
Mob.* O.—1 st,prf„ deben.
2d, 7s. 1891
100
St.L.* S.F.—2d, Gs, Cl A
2d, pref., debentures
100
100
V!
3d, prof., debentures—
3-Gs, Class C. 1900
100
4th, prof., debentures
3-6s, Class B, 1900....
N.Y.Lake E.&W.—Inc. 6s
1st, Gs, Pierce C. * O.
f N.Y.P.& O.—lst,inc.ac.,78
Equipment, 7s, 1895.. *102”
j Ohio Cent.—Income, 1920
Gen’l mort., Gs. 1931..
Min’l Div.—Inc.,7s, 1921
So. Pac. of Mo.—lst.Gs i*03*‘ 103 V
106
Ohio So.—2d inc., Gs, 1921
Tex.A Pac.—1st, 6s,1905
Ogdens.* L.C.—Inc.. 1920
Consol., Gs. 1905
36
34
PeoriaD.AEv.—Inc., 1920
Income * Id. gr., reg..
48
47
Evansv.Div.—Inc., 1920
V
1st,Rio G.Div.,Gs, 1930
13
15
15*
t
......
j
do
assented *-
Pennsylvania RR.—
Pa.Co.’s guar.4 Vs,lst,cp
Registered, 1921
Pitt-C.A St.L.—1st, c.,78
1st. reg., 7s, 1900
.
46
98
97
.....
*10
*10
19
17
*17
30
75
30
87 V
65
35
..
iPooria* Pok.Un.—Inc.,Gs
Roch.A Pittsb.—Inc.,1921
! Rome W. & Og.—Inc.. 7s.
lSo.Car.Ry.—Inc., Gs, 1931
iSt.L.AI.Mt.—lst,7s,pr.l.a.
j!St. L.A.A T. H.—Div. bds.
4V
19
20
40
40
50
60*
33
50
40*
New York Local
Marked thus c) are Par.
not National.
150
124
235
140
100
100
25
25
100
100
25
100
25
100
100
100
100
25
America*
Exchange...
Broadway
Butchers’ A Brov’s’
Central
Chase
Chatham
Chemical
Citizens’
City
Commerce
Continental
Corn Exchange*....
East Itiver
Eleventh Ward*....
125
2s0
.
....
------1!
140
1*00
i
Commercial
Continental
Exchange
......
Farragnt
Fifth
Fifth Avenue*
....
....
120
180
175
Greenwich
Guardian
Hamilton
N. \. & N.
Ilanovor
N. Mexico
Scrip
1
|
......
...
Mechanics’
Mercantile
Merchants’
...
...
(Bklyn)
!
Nassau
(Bklyn.)
N. Y. Equitable
N. Y. Fire
......
......
102 b
......
......
......
......
Coun. A Passumpsic
Con not ton Valley
Det. Lansing A No.,
Park
Peter Cooper
People’s
Standard
151
I Star
......
1 Sterling
108
Stuyvesaut
......
-
United States
Westchester
120
....
110
*1*06
i
100
.
Bonds.
Hum and City Hailror
[Gas Quotations by Geo. II. Pit EXT
j Par.
Period
Amount.
|
Brooklyn Gas-Light
j
(Bklyn).!
25
20
!
50
20
50
100
Citizens’ Gas-L.
Bonds
H arlem
| 1,000
Jersey City & Hoboken..
I
I
Metropolitan
Bonus
1j
1,000
Mutual (N. Y.)
Bonds
Nassau (Bklyn.)
I
100
i 1 000
2.000.000
1,200,000
259.000
2,000,000
750,000
4,I'OO,000
Date.
Oct. 3, ’
2,500,000 F. A A. 5
Oct.14,’
1,000,0001 Var’s
1903
3
2 b! Oct. 10/84
3
1002
2
Sept., ’84
50
Municipal
Bonds
Fulton Municipal
Bonds
2
1,000,000 Quar.
1,000,000 A. AO.
i
| 1,000
Metropolitan (Bklyn.)...
1900
July 1, ’84
Oct. 3, ’84
1888
Oct. 15/84
3.000.000! Var’s
1,000 ; 750,000; M.AN.
100
'3,000.000
100 2.000.000
1,000 1,000.000 A. AO.
.
Bunds
[Quotations hj
b Oct. 20’84
1,000,000
100
100
Equitable
H. L. Grant,
6
1900.
Br’dway A 7tli Av.—St k.
t
Brooklyn City—Stock.
100
1.000
100
1,000
10
...
1,000
1st mort
Bklyn. Crosstown—Stock
100
1st mort. bonds
Eushw’kA v. (Bklnj—S.’k
Central Cross;oviii—Stk.
1st mort
Cenf.Pk.N.A E.Riv.—Stk
Consol, mort. bonds
1,000
1
DryLk.E.B.A Bat’y—Stk
1st mort.,
consol
Scrip
Eighth Av.—Stock
Scrip
42d A Gr’nd
1st mort
St.F’ry—Stk
J. A D.
Q.—F.
050.000 F.A A.
1,000
Consol
Sixth Av.—Stock
1st mort
Third Av.—Stock
1st mort
Twenty-third St.—Stock.
1st mort
This column shows last
100
500
100
1,000
1,000
100
1,000
100
1,000
100
1,000
7
2
I POO
Tulv
.
5
’81 218
3 b Aug.,
5
J an., 15 02 100
1
’84 ;oo
4
)e:.,
,
100
100
oOOAc.
100
100
100
100
24
108
Orb 1 ’84 170
J tine, 1904 103
’84
»4 July.
J. A J.
A. A O.
1888 i 105
Jan
400,000 J.AJ. 7
O
’84 100
Allg.,
500.000 Q.—F.
Ot
t.
'84 140
lb
000.000 Q.—J.
1,200.000 J. A I).
Houst.W.St.AP.F’y—Stk
j.
1,500,000
2,000,000
800,000
200,000
1.800,000 Q.-J.
1st mort
(Second Av.—Stock
3d mort
2,100,000; q.-.i.
1,000
1,000
Bonds
900,000!J. A J.
70o,ooo!.T a-, j
100
100
1.000
100
Christ’ph’rAlOlhSt—Stk
92
102
5'5
105
Broker. 145 Broadway]
’
Bl’cker st. A Fult.F.—Stk
1st mort
moi
132
100
120
93
107
90
110
100
140
110
90
231
110
155
700,000; M.&N. 2b May 1,’84
4,000.000, M.&N. 5 I May 1, ’84
jl.000,000 J. A J. 3 [June 2,’84
400,000! M.&N. 3b May 1/84
1,000
Var’s
100,000,J. A J.; 3
Oct. 1,’84
Bonds
Bonds
.
250.000 M.AN.
Nov.. 1922
0
2
7
Oct. ]
3
Aug..
’84
Dee., 1902
,
’84
Oct., 1898
1,200.000 Q.—F. 2 b Aug., ’84
J
’93
7
line,
900,000 J. A D.
Feb.. 1914
1,200,000 F.A A. 0
1.000,0001 Q.—J. 2b Oct. 3 ’84
Fob.. 1914
1,000,' 00, F A A. 0
748.000, M.AN. 0
May, ’84
230,000.A. AO. 7
April ’93
250.000! Q.—F. 2
Aug., ’84
’94
J uly,
600.000 J. A J. 7
’84
J uiy,
1,802,000 J. A J. 5
150,000 A. AO. 7
April , ’85
’88
May,
1,050,000! M. AN. 7
1,500,000 M. A S. 10 Mcb. ’84
1 uly,
’90
500,000 J.AJ. 7
Aug., ’84
2,000,000 Q.—F. 4
’90
Jam,
2,000.000 J. A J. 7
’84
Aug.
000,000 E. A A. 4
250.000 M.AN. 7
May. ’93
250,000 A. AO.
73
7
.
95*’
1.22 b
1920
N.Y.—Is
Phil. A R.—1st,6s, 1910..
2d, 7s, coup., 1893
Cons., 5s,
13
104
sl
b
12o
....
§**””
115
.....
i*u*o*b
71
72
84
70
35
43
40
GO
Conv., 7s, R. ('., 1893..4
Couv. 7s, cp.off,.Ian./85
Miil.'Wil.A Bair.—4s.tr.ct
35
189311
Scrip, 1882
ShamokinV. A
117**
112 b
1 12 b
103
’85-881
AdJ. Scrip,
Debenture coup.,
103 b
••••<?
Imp., 6s, g., coup., 1897
Gen., Gs, g.. coup., 1908
Geu., 7s, coup., 1908....
Income, 7s, coup., 189G;
Cons. 5s, 1st ser.,c., 1922;
Cons. 5s, 2d ser..c., 1933;
Couv.
99 b
111
99
110
Cons., 7s, reg., *911
Cons.. 7s, coup., 1911 ..
Cons.v6s, g., l.lt.C.1911
108
pref.
| 119
1 ud
1 18
l'*l
Phila. Newt. A
101b
;
1 23
119b
Phil AErie—2d.7s.ep/88
Cons-. 6s. 1920
111”"I" 4*2*
§79
56
123
"92 b *9*3**
110 b 1 19
00
!
i
Potts.—7s
shell. Val.—1st, 7s, 1909
Metropolitan
[
Gen’IGs, 1921
Mexican Central
8,J8 Hb
Iu' ome, 6s, 1923
Nashua A Low* 11
j 147 b 150
1 mourn, 5s, 19 i4
N. Y. A New i-uglaml ...{
10;b HNorthern of N. Hampsll. H6bjll7
Sunimry A Erie—1st, 7s.
Snub.
liaz. A W.—1st, 5s
Norwich A Worcester...
*--2d, 6s, 1938
Old Colony
j. 145b
Svr.Gen.A Corn—1st. 7s.
Portland Saco A Portsm.j 1]3
17 b
lex. A Pac. —1st. Os,1905
Rutland—Preferred
§12
Consol., 0s. 19“5
)
Summit Branch
! Union A Fit usv.—1st, 7s.
Vermont A Mass
t’O
5u
b
United
N.
J.—Cons.Os/94
Worces. er A Nashua
10 b
Cons. 0s, gold, 1901
j
Wisconsin Central
‘j 2*4*
Cons. Os, gold, 1908
Preferred
Gen., Is, old, 1923
'
PHI LA DELPHI A.
Warren A F,—1st. 7s, ’96;
RA1LROA D STOCKS, t
West Chester-Cons. 7s..i
Allegheny Valley
W. J orsey— 1 st. Os, cp.,'90!
Ashtabula A Pittsburg..
1st, 7s, 1899
P re 1 erred
Cons. Os, 1909
Bell’s
*40**
*
96 b
101 jl03
07
70
;
May 1/
3
July 1, ’
3 b S’g F., ’
3
Aug. 1/
7b July 3, ’
5
o
i
Bid.
*
100
10
People’s (Bklyn.)
Bonds
Rate
Var’s |
j
Williamsburg
Var’s
Var’s
A. A O.
F. A A
J. A J.
Var’s
700,000 F. A A.
3,500,000! Quar.
;1,500,000 M.AN.
25
1
Scrip
New York
200
50
Williamsburg City.
-
39 113
Eastern, Mass
Fitchburg
Flint A Pero Marquette.
Preferred:
Fort Scott A Gulf
Preferred
4-2 ■
Iowa Falls A Sioux City.
Kan. C. Springf. A Me n.
Little Rock A Ft. smith.!
18 j
Louisiana A Mo. River.. §
»
Preferred
4 — '
Maine Central
!
90
Manchester A Lawrence/
i
Marq. H ought’u A On ton §
;
Preferred
50 j
j Phenix
1 Rutger’s
Too
...
12 b
.
103
Cons., Gs, coup., 1905...
Cons 5s, reg., 1919
Pa, A N. Y. C.—7s, 1890.
7, 1906
Pet kiomen—I st, Gs,cp/87
100
Sandusky A Cleve.
.
_
.
106b 107
107 I
Concord
Connecticut Kiver
Pacific
......
......
Ciun.
„
121b
, 0s, cp.,
1910
(’ons., Gs, reg., 905
HO
„
122
Gen
7b
122
10134
2d, 7s, cp 1896
Gen 7s, 1903
Debenture 0s, reg
......
j
*85 b
11
123
50
Cons. Os, v'.A R., 1923 .
N. O. Pac.—1st, Os, 1920.
No. Penn.—1st, 0s, cp.,’85
1109
Cheshire, preferred
Chic. A West Michigan..
...
Niagara
North River
.
7
*98*'
*
122**
Pennsylv.—Gen., 0s, reg.
*70*6
Boston
Cam bridge
...
ItlmcaAAih. —1st, gld.,7s
I.eh.V — 1st,0s,C. A R.,’98
2d, 7s, reg., 1910
...
Norfolk A West.—Gen..0s
116b a N. R. Div., 1st, 0s. 1932
95
Oil City A Chic.—i st, 0s..
92 b
iOil Creek—1st, 0s, coup..
•
Boston A
National
50
90
1*2
1883..
j.H AB.T —1st, 7s, g., 1890
I
Cons. 5s, 1895
...
u >b
93
Providence....
Revere B. A Lynn
Montauk (Bklyn.)..
90
113
5s, perpetual../
Harrisb’g— 1st. 6s,
115 b
Atchison A Topeka
Atlantic it Pacific
Boston & Albanv
Boston <t Lowell
Boston <t Maine
..
115 b
,
Pueblo it Ark. Val.—7s..
Rutland—6s, 1st
Sonora—7 s
STOCKS.
-
j East Penn.—1st, 7s, 1888 1*0*534
EastouAAmb’y—5s. 1920
Votibi
Income
Old Colony—7s
6s
Kings C’nty (Bkn.).
Knickerbocker
Long Isl’d (B’klyn)
Lorillard
Mannfac. A Build..
Mech. A Traders’
......
-0
it So.
Ogdensb.it L.Cli.—Con.6s
Irving
.....
......
Aiib.dcb.Os,
1 Delaware0s, rg.A op ,V
)Del A Bound Br —1st,7s
$
!
HO
'Cor.CowauA
i
91
| 1 (i I 7a
Pac.—7s 116
England—Gs..
i Vs**
..
j
- -
7a
J efferson
....
Manhattan
.
Howard
......
j
A-—
110
.
Home
14 8
280
109 b
115
Ail.—lsi,7s,g./93
2d, 6s. 1904
Cons., 6 p. c
Cam. A
...
llOSb
Globe
.....
106*
Mort., 6s, 1889
Maine—7s
Albany—7s
j
Firemen’s
Firemen’s Trust
Franklin A Emp..
Uerman-American
Germania
......
—
Bnff.Pitts.A W.—Gen ,0^
Cam. A Amljov-6s, c.,’89
Coun. A Passumpsic—7s
Connottou Valley—6s
j 16
5s
—'
1112
East’rn, Mass.—Gs, new..; 1J1
Fort Scot t it Gulf—7s — j 110
K. City Lawr. «fc So.—6s..
K. City St. Jo.it C. B.—7s|
Little R. & Ft. S.—7s, 1st;
K. City Sp’d A Mem.—6s .....
Mexican Central—7s
1 34
Income.
.1
i
V1
Eagle
Empire City
100
117
.
Nebraska,
Nebraska. 4s
Clinton
200
120
i(Cam. A Burl. Co.—6s.’97.
'Catawissa—1 st, 7s, con. c.
!
110 '...... I Chat. M., 10s, 1888
!
New 7s, reg. A coup
15 [
Os.Non-ex’pt 104b'..— iOonnect’g 6s, ep., 1900-04
City
.....
GAS COMPANIES,
income
Boston A
Boston &
Buff. N.Y. A P.—(Cont.)
Cons. 6s. i9 .1
i si, Tr. Os, 1 9*>2
.
0s...i
!
Boston & Lowell—7s
0s...
Boston A Providence—7s
Burl.it Mo.—Ld. gr., 7s.[
Nebraska, 6s.
Exempt
Brooklyn
Citizens’
125
100
100 400
100
First
100 115
Fourth
30 115
50 170
Gallatin
100
Garfield
75
German American*.
100
100
■Germania*
25Greenwich*
100 145
Hanover
100 255
Imp. A Traders’
50
Irving
Leather Manuf’rs’.. 100 1 oO
50 150
Manhattan*
100
Marine
100
Market
25
Mechanics’
90
25
Mechanics’A Trads’
100
Mercantile.
50 125
Mercnants’
50
Merchants’ Exch...
100
Metropolis*
25
ICO
Metropolitan
100
Murray Hill*
oO 130
Nassau*
100 100
New York
100 140
New York County
N. Y. Nat. Exch.... 100 100
100
Ninth
70
North America*....
30
North River*
25 13*6
Oriental*
50
Pacific*
100 140
Park
ICO
25
People’s*
20 102
Phenix
50
Produce*
100
Republic
100 125
fit. Nicholas*
90
100
Seventli Ward
90
100
Second
10!)
Shoe A Leather
State of New York* 100 105
100
Third
40
Tradesmen’s.
50 150
Union
United States
100
50
Wall Street
100
West Side*
Ask.
Bowery
Broadway
1J 5
25
Bid.
BOSTON.
Atch. & Topeka—1st, 7s
Land grant, 7s
Atlantic & Pacific—0s ..
American
Amer. Exchange...
......
185
150
2UOO
Par.
COMPANIES.
Ask.
Bid.
St..]
Ask
Bid.
SECURITIES.
! Ask.
Bid.
SECURITIES.
PRICE.
PRICE.
COMPANIES.
1st
Stock Lint.
[Prices by E. S. Bailey, 7 Pine
Hank Btoclc List.
Philadelphia and Baltimore.
({notations In Boston,
Secarlties.
Insurance
Amer.
[VOL. XXXIX.
THE CHRONICLE.
2
4
112
D 5
100 b 101b
100
Il5
300
113
178
113
dividend on stocks, but date of maturity of bonds.
Os, 1‘. B., 1890
Gen., 7s, coup.. 1901
CANAL BUNDS.
! Ches. A Del.—1st,Os,1880
!
-
i
1st preferred
2d preferred
Delaware A Bound Brook
East Pennsylvania
!
Preferred
Preferred
'02b
Preferred
Sclmvlk.
02 b,
55 b; Atlanta A
GO
[Baltimore
50
1st prof
2d pref
99 \
Norfolk A West’ll—Coin.
Preferred
Northern Central
North Pennsylvania
United N. J. Companies..
We.-t Chester—Cons. pref.
West Jersey
Jersey A Atlantic..
CANAL STOCKS.
Lehigh Navigation
107@
| RAILROAD
!
11
i
West
41b
i’i”
.
RAILROAD BONDS.
Allegh. Val.—7 3-10s, ’90 110b no*
7s, E. ext., 1910
§.. ..118
18
Inc. 7s. end., coup., ’941 -Aslitab. A Pittsh.—1st,0s ..
1 st. Os, reg., 1908
! ..
_
Belvld’e Del.—1st,6s,1902
2d. 6s, 1885
3d, 6s, 1887
Bell’s Gap—1st, 7s, 1893.
1st, e’s, 1905
Consol., 6s, 1913
101b
102
Buff. N.Y.A Phil.—1st,6s
2d, 7s. 190H
t Per share.
50
50
50
50
BONDS.
[Western Maryland
195b
41
100
123
Pref
Phila. Ger. A Norristown
Pliila. Newtown A N.Y..
Phila. A Reading....
Phila. Wilm. A Balt
Pittsb.Cin.A St. L.—Coin.
00
Charlotte
A Ohio
Parkersburg Br
Central Ohio—Com
52b
Pennsylvania
Philadelphia A Erie
85
Nav.—1st,Os,rg.
RAILR’D STOCKS. Pai
v—
Little Schuylkill
Miuehill A Sch. Haven...
*122*
2d, Os, reg., 1907
BALTLUORE.
;
Iluntingd’n A Broad Top
Ex-dividend.
1U4
Moit. HU., reg., 1897 ..
Cons., 7s, reg., 1911
i iPennsylv.—Os, cp., 1910..
j
;!
Leljigh Valley
106
10Gb
j! Lehigh Nav.—Os,reg.,'84.
53
Elmira A' Williamsport..
*
113
I
Catawissa
Pennsylvania
Schuylkill Nav., pref...
113b
,
sf.Os.C.
3b! W.JerseyAA11.—1
Western Penn.—Os,coup. 3 06b
30
105
111
...
3b
Nesquehouing Valley
25 b
11 n b
175
105
220
1 10
165
152
110
112b
141
138
120 b
119
130
135
no
1 10
192 b 197 b
110 b
1 14
103 b 105 b
205
240
110
U'5
200
245
117
112
130
140
113 b
111
200
195
105
100
110
290
111
172
110
Gap
Buffalo N.Y. A Phil
Preferred.
Camden A Atlantic
Preferred
100
12b
Atlanta A Chari.—1st
100
i nc
Balt.AOhio—6s„’85A.AO
Cen. Ohio.—Os, 1st,M.AS.
Chari. Col. A Aug,—1st..
ioib
2d
Cin. Wash. A
|
2ds
|
3ds
Balt.—lsts.
...
[ColumbiaA Greenv.—lsts
2ds
No.Central—6s, ’85, J.AJ.
Os, 1900, A. A O
6s, gold, 1900. J. A J
5s, Series A
os,
Series If
106
llUb
83
98 b
01
27 b
91
f«3
101b
110
116
123
109
8s
116
X In default.
10O
L2
120
1*03*
Virginia A Tenn.—5s
W.Md—Gs, 1st, g., J. AJ.
2d, guar., J.AJ
2d, guar, by W.Co.,J.AJ.
Os, 3d, guar., J. A J
Wilm. C & A ig.—Gs
Wil. A Weiuon—Gold. 7s
119
iol"
..
Pit t sb. ACon’ell s.—7 s J A J
Union RR.—iHt, gua.J AJ
Canton endorsed
13
103
81
101 b
103
120
§ Last price this week.
October 18,
New York
KAKNISWS.
KAII.UOAI)
The latest railroad earnings and the totals from
latest date are given below.
The statement includes
earnings of all railroads from
Jan. 1 to
the gross
whiqli returns can be obtained.
to latest date” fur¬
to, and including,
KL.CkA 2,(39
Latest Earnings
Reported.
1883.
1884
Wec/corMo
$
$
Jan. 1 to Latest, Date.
1884.
1883.
*
$
775.083
741.43.3
95.269
96,386
Ala.Gfc.Southftrn September
1,341,319 1,452,906 10,339.773 10,147.610
Atcli. T.& S.Fe
August
248.836
329,(9.5
10,7 S3
13,734
Host. H. T. & W. 4th wk Sep
58,848
59,321 2,011.311 2,029,046
Bur.Ced.R.&No. ! st wk Oct.
131,000 4,175,816 3,975.612
105,000
Canadian Pacific 1st wk Oat.
I st wk Oct.
26.033 1,061.80k
940,814
32,687
Central Iowa
Central Pacific.. September 2,208 0;»0 2,426,348 16.653.503 18.275,23 2
61.172
83,382 2,748.777 2,96 2,669
Chesap. & Ohio 1st wk Oct.
572.950
15.731
548.558
15,054
Eiiz.Lex.&B.S. 1st wk Oct.
985,671
29,805
944,983
26,694
Ches. O.&S.W.. 1st wk Oct.
225,402 6,542,298 6,583.987
223,S51
Chicago «& Alton 1st wk Oct.
Chic. Burl. & Q. August.... 2,147.495 2,195,124 15.798.715 15,725,032
28,73 s l.lHS.GSOi 1,2 70.3.36
40,656
Chic.& East. Ill. 1st wk Oct.
553,000
567,2 42 17,513,000 17.<<96.786
Ohio. Mil. A St.P. 2d wk Oct
533 400
607.800 17.495.28 >{18,70s.773
Chic. & Northw. 1st wk Oct.
133.800 4,233.977 3.46*,S6S
131,900
Ch.St.P.Min.&O. 1st wk Oct
24,903
31,392 1,107,302 1,21 “,“63
Chic. & W. Mich. 1st wk Oct,
77.212
7G.637 1.781,985
1,s4»,658
Cin.Ind.St.L.&C. l tli wk Sep
237.59H
Cin. N. O. & T. P. September
239,787 1,894.939 1.866.750
42.026
47.-36 1,330.301 1,467 618
Cin.Wash.&Balt. 1 st wk Oct.
372 2*0
] 1,0(>3
10 915
410,867
Clev. Akron & o1 1st wk Oct.
440.797 2,397,993 2,7a 2,623
32-i,s ;o
Clev.Col.C.A Iml August.1..
34,933
Connotton VaL. August....
40, i98
583,797
678.781
3,03 4.512 3.371*.2 >7
I)cnver«feIiio Or. J one
2 16,000
262.66 *
6,066
7,4"()
Des Mo. A Ft. l> t st wk ()ct.
2«5.1 0
33.217 1,083,517 1.2 0,537
Det.Lans’gA No. ist wk * >ct20.415
22.223
574,553
698,172
Dub.ASiouxCity stwk Sept
415.187
428 3 4
2.359 865 2,400,73 »
Eastern
V August....
170.9 40 2,6 1 4.399 2,68 >.578
159,3-;0
E.Tenu.Va.AGa. 2 wks
5s2 507
561.015
15.5 04
14.115
Evausv. AT. II 1st wk O. r.
5 t ,966
1,775,<513 1.912.810
41,840
Flint A P. Mar»i l s’ wk < ><-t.
6 JO,<>27
70 S 15 5
17 21 1
18.164
Flor.li’way A N. lih wk Sep
4 2,3 “9
2G3.5S1
38.0 10
355,212
Ft.Worth A Don. Sept cm er
)
38 >.071
422,73 1 12,84“,289 14,367,205
Grand Trunk... \Vk O t
289.83.8
2 44,444
5.69 1
9,286
Gr.Bay W.ASfc.P. : st wk ()ct.
61.“<)8 1.200.309, 1.3 36. A 63
5L776
Gulf Col, ASauFe <d wk Sept
2 -'8,909
2 ■'.968
20.n3'/
19J, 186|
Hous.E.A W.Tex September
'■ st. wk Oct.
7.43S 972! 7,963,46(5
2 4 8.483
220.221
III. Cent. (Ill.)
3 >,'.;0O'
1.500,960
Do
-17,3 “3 1,237,139
(Iowa,) 1st wk Oct.
6 s,9 ’7
1,90^.023 2,14 - ,221
72,3» 9,
Iud. Bloom. A W .;<l wk Sep
/
3J
5 5.401
1,749,637! 1,393,179
Ft.8.A Gull ii ii wk ■*'op
83“,i8 9
25 4 >9
Kan. C. S;> A M. It h wk Sep
6 19*4*12
695.633
i 9.5*33
2
72:
Kentucky Cent’l 1 st wk Oct.
14i5,0 0
I.:; Ice Erie. A W.. September
14s,374
31*2,38 2
37.1 i. j
306,902
Ft Smith August....
37,927
201,0.38
234,588
25.239
24,704*
L.Rk.MUiv.A I. August
2.1 32,'“ 87
4.33 s
67.0 22
t wk Sept
08,727 •
Long Island....
31 1.3 >9j
30*. 442
51,0)'La. A Mo. River June.
49,800
32 5.87“ 10.163.287 10.4 1 i .335
27 7,' 0
Loicsv.A N;ts!iv. 1st wk Ocl.
713,2 0
722.' 86,
21.191
Mar Hough.it <) 1 st wk Oer.
16.173
9.>3,06 1 j
8“6,376
5< i,93 2
01.04:-*
Memph. A L’liarl. 2 wks Sep!
27 0,0 \ 5
153.748 2,0 >2 570j 1,408,528
Mexican Cent... -epimu er
3 “O, j -9;
1 1.578
Mex.Nat., No l>..' 3d Wk Sep!
...
...
‘
~~
.
.
•
.
........
Boutliern Di\
Other lines e..
Milwaukee A N«
Mil. L.Sh.AWest
Minn. A St.Loui
Mobile lie Ohio
Nash. Ch.A St.L.
N.O A Northeast
N V. A New Ene
N.Y.L.ErieA W.,
..
sept
3d wv Sept
st wk Oct.
2d wu Oct
August
Sv-ptem i '(.m
<•; wk
•-September
Scut ember
August
2,42 l
11,1-5.
2
i,550
...
...
Northern Paeitle -t wk (>cr.
l't wk O', t
Onto Central
id wk Sept
Ohio A Mi.-s.
Ohio Soiuhern
September
10.310
25,065
15S.< Oc'
123.291
158.58
2.0,580
27,434
300.79;
185.902
All-US'
N. Y. Pa, A if Ainaist
V.Y Susq.AWest Aug nr
N. Y. Out. A* W.. Alt.U t
Norfolk A Wes. 3 wks Si-pi
Shenandoah V 3 wks Se»u
Northern Centr’i August
557,630
21 .9011
13 503
489,369
10>,828
2i)6,4.2
2i*o,2 4 4
02,473
51“. i27
.-.28 o-?:
20 6 < i
101,85^
4 6.3 - 4
1“7.799
1
1,164
357 HO
3“S,G t);
8 1 2,n73
960,4 941
1,156.7 1 O: 1.030 570
1,103,643. 1,4*0. "90
1.701.432 1,711,915
69,1 *<>
2(>8,60*'i.
2.16“.510 2,377.295
39 1.8-5
.068. 164 10,663,673 .3.140,2)* l
3,608,3671 4,395,356
753,* 6 l
638.32 L
6 4,773
103.637
175.! *6
1: 0 31-6
1,86 5,978 1.880.65*'">
66.67 5
538,5 -0
594,039
3.6-8.198 4,006.ID*
08 7,2 > z
312.10 - 9,9 I 0,0 >2 7.308,1 22
818,341
29,67 1
St7,0 »2
120.649 2.831 799 3.110,991
23a,028
38.6 <7
330,0-1 }'
S i,0 <.
Si).281/
Oregon A Cal... Auiiust,....
27 »,3 6
366.706 2.215.072 2 591,126
Oregon Imp. Co.! August
4,6-7.89 4 i,77-5.:;8o 31.94 >.229 33.2 >9.909
Pennsylvania...! Augii'-t
i 3.7 sr>
512,208
58'>,129
13.738
Peoria Dec.AEv. 1st wk (Jet.1
367.90
383,sni' 2.30 ),44 l 2,656.162
Pliila. A Erie ..J August
Pliiia.A Read’^/r An ,ust
3,299.015 3.533.0 53 3 6,176 0-3 17.4^2.987
1.948.741 L.86r>,l0.5! 10,436,344 10.477,659
Do
C. A Iron August
337,3 s7
362,292 2,706.5,>9; 2,716.9 74
Richui’d ADauv. 8 -pieailier
570.7<>1
511,124
6 4,276
71.41 1
Ch. Col.A; Aug.September
5 ! 5,9 22
6 4 849
51.139
418,744
Coluinhia&Gr. September
185.205 1.184,174 1,24 4.53-3
Va. Midland. .’September
170,268
3 31,145
268,115
46.241
We«t. No. Car. {September
45,698
457,644
26.17897,-41
17,020
Roeh. A Pittsb’g _o wk Oct.
171,406 1,-73 206 1.049.653
Rome Wat.A Og. August ..
176, ->53
...
„
Bt.Ii.AltonAT.il. 1st w.» Oct
Do
(brehs.)' :st wk Oct..
8t.L. Ft. 8. AW 1st wk Oct.
Bt.L A San Fran. 2d wk Oct.
Bt. Paul A Dul’th l^t wk Oct.
29,966
13,8-0
11,218
111,600
33,151
33,714
18.955
8,859
77,4i-0
36,20 4
997,3 49
557,li)9
365.) 69
181.510
3.591,210
9 >4.155
2,89 1,021
97 l ,670
738.5001 777.3"4 5,562,450
Bt.P.Miu.A Man {September
701.313
85.854
04,7191
Boutli Carolina
August
764,38 7
8o.Pac.Cal ,N D. July
152,608; 130,6 45
3<>1,68'> 2,056.7. ;3
266,546
Do So. Div./. July
192,510
Do Arizona.i. July
1,0-56,631
141,591
06.554
384,(31
41,691
Do N. Mex i. July
466,007
113.251
64,6 28
Texas A N. On’s. July
24 3.124
Louisiana W’ii. July
52,188
20,323
649,137
Tex.A St. LotiD./ 4th wk Sep
2’..’,652
17,672
14 4.90 4 ,
2<>.263
Tol. A. A. A N.M. August
22,895
Union Pacitie...j August
2,430,155 2,477.402 15,871.292;
750,212
104.768
Utah Central.
98,59/
September
332 717
45,370
41,662
Vicksh’rg A Mer. .Sepumin r
September
34,770
2d wk Oct
\ u gust..
West
west Jt rsey
rset
August
Wisconsin Cent’l 4th wk Sep
377,000
223.367
d Conus
236 milt-8,
to
May
i t
42,403
19.389
374,780
215,086
39,026
Christi to Saltillo, 397 miles;
La edo to Saltillo.
t Only
5,932,725
794.103
692,301
2,430,640
1,470,0 * >
406,7 89
601,081
29 4,707
122,849
L7,93s16<>
134,210
929.406
1,040,79
87 ".9*92
1.< 3 '.“13
up to May
embraced only
136 miles now. but prior
g Not including earnings of New York
h Not including Ceutral New Jersey in either
Included in Central Pacific earnings above.
i Embracing lines in Missouri, Arkansas and Texas.
t
Mechanics’
Union
America
Plienix
City
Tradesmen’s
Fulton
Chemical
Merchants’ Exch,
Gallatin National..
Butchers’A Drov..
Mechanics’ & Tr...
Seventh
M.KAT—
Broadway
Mercantile
Pacific
Ropublic
Chatham
Peoples’
North America
Hanover
...
Irving
Metropolitan
143.200;
3,235,800
905,090,
270,000
448.300!
560,009
8.485.900
232.800
103,4001
3:3.100
867,290
867,2901
6.124.700
317.300
764.100
1,658,990
817.000
36 3,030
66,100
265.990
117.900
855.000
95,800
249,709
3.059.700
3->7,300
176.200
308,890
2,245,000
6.311.300
7
76,200
2,930.000
14,443,000
16.333.100
5,431,000
5.970.700
2,10 ,800
4.473.500
3,399,000
1.491.300
2,)*26,8‘)0
7,2 >5,300
2.657.500
2,5 41,000
Ward....
State of N. Y
Americ’n Exch’ge.
Commerce
Importers’A Trad.
Pa k
North River
East River
Fourth National..
Central National..
Second National..
Ninth National...
First National
565.300
1.168.900
...
Bowery
Y. County
N.
rman-Aineric’n.
Chase N itional...
Fifth Avenue
German Exoh’ngo.
G< rmania
United States
Lincoln
Gariield
Filth National
G
1,169,000
626*500
2.7 U.00 >
1,240.009
356,000
45,000
2.789.500
266,400
2.536.600
l,5l2,50!>i
2,765.9()!>i
4 4 j* 666
3,9 .O.’JOOl
5,164,1001
*62,1*66
1.71 *.09
••
>i
1,300
8(8,500
11.110 209
232.000
439. l“o
730.200
50.5,200
U '.600
213.000
50s.9“0
2,272 0 *0
152,100
1,780,000
2.9 4 s SOI)
1,237. ! 00
1,313,700,
34.400
1,082,709
4,JS;.8!) •
*ts7i)“
5.229, lot)
1,15.5.3 10
1
,*49,200
394,700
127.5 (<)
358.000
3.96 ,00(1
2,51 •',900
1
75,000
.
45,000
.......
44.400
1-0.000
.‘>2 1,900
1.15
45,200
4
99,),D>0
66,900'
'
180,000
2.172,: 00
2,3 >1.200
3,24 5,21)0
210.000
109.300
205.300
.......
1*9.200
2 25,000
2,1. 8,900
2.159,500
1093“ H)
148,3 <1
297,000
45,000
195,000
449,900
1 ;,
97,9<}0
370,900
222.-00
360.000
7,959.000
133,000
)
!
7,902,200 32,729.100 314,06 '.000 12.893,800
totals for several weeks past:
are
Loans.
Specie.
$
$
\ L. Tenders.i Deposits. I Circulation* AiC» Vlearfgt
|
$
i
$
'
■
$
Spt.27:*2'Jl, 126,700173,926,500 30.39,5,800 305,1 46.HOG 14,137,100
Oct.
436,5*66
2.3 3,i) >0
1,’ 69,:,(>!)
1, (.52.t 00
2 >9,.50“
200 OOO
1,712,-00;
following
1831.
9,118,000
473 309
1,3! 1.6'). >1 22.21.5,6091 1,329.100
20.627.2 10
i ,8 i 1,0 :o
’263 “00
3.59.00 !
613.700
Total
Tlie
832,500!
1 3
3,9*21,200
53 >.t‘00
76 2,.500
670.900
100,“00
28 5,7“,)
8
45.000
5.400
1.741.100
3.3 14,900
—
2.5, ()()■:*
100,40“
1,218.900 j
1,820,000
1.833.700
2,505,000
3.108.800]
2,312,-00
.
63tj 300
383*900
3,797,090
290,5001
4,308.000
14,034,400 4,7? ,700
4,525,80 tl 1,396.200
Third National
n
Y. Nat. Excii..
14,800
4,065,700
337.700!
235,500
173,50 >
497.300
368,00>)
180,000
7*0,400
685.0091
6,583.000
*2*606
614,800
89 4,200
1 33.000
i!>!
*
898,000
482.300
3 65,000
91,2
832,000
955,800
2.660,200
1.145.500
3.238.800
3,903,700
6,191,900
2,226,400
553.000
3.861.700
1.779.600
17.441.100
15,608.390
1,5*9 >,000
1,075,500
1 .’.924,! 00
7.003,000
2,056,900
1.535.600
12,127,001)
3,2o5 600
4,856,6 >0
292,500
617,700
218,300
15.9 4 s,700
144.900
2.421,000
...
796,900
1.477.609
17,836,900
2.497,300
3,317,000
1,520,000
500.300
218,500
462,109
8’.,400.
Leather..
Corn Exchange
Continental
oriental
14,701,690
2.138.100
2,0.56,600
327,800
469.200
476.100
Shoe A
1,100
254,100
474,800
1-57,990
826,600
687,690
168,290
363.300
2.234.300
2.838.700
1.667.700
450,000
353,500
3 27,200
2.390.600
$
$
9,987.000
7,811.000
8,0.>7,800
121.800
440.300
Nassau
Market
Circula¬
tion.
>,495,000
3,488,.500
11,0 44.200
2,378,000
581,2001
618,100
1,294,3 >0
'
Deposits
other
thi i U. S.
141.100
140.0 >0
Citizens’
St. Nicholas
•
2,26 5,000!
475.000;
1,303,200
1,0 40.000;
1,812.000
1,634.000
1,569,7 0
l,)U*l,ti00
877,700
4,721.800
Greenwich
Leather Mannf’rs.
Teiulers.
$
$
Net
Legal
Specie.
8,702.000
7,916,000
7.432.300
8.358,000
4.229,200
10.701,200
2,08.3,000
7,918,100
3.191,400
1.204,000
15.222.300
3,012,600
Merchants’
the
Average Amount of—
Loans and
Discounts.
Now York
Manhattan Co
3i)S,3n8,900j 13,63.’,500
314.069,c““ 12,893.900
4 290,.50 >,2u0j .hi,267.000;.i». 767,900
'1 29<J,6 13,00., j77,902,200 32,728,100
$
101,357,661
.554,062,698
406,592,476
Boston Banks.—Following are the totals of the Boston banks:
Loans.
1884.
7,575,900
li l 10,408,300
13 140, ,65,900
6,927,300
Get.
"
Deposits.*
t
$
$
1
Circulation] Agg. Clear'gs
4.
!
s
^
$
4,677, ’()()' 87,812,30:)! 23,6.55,70. > 52,040,678
4,926,20“ I 1)0,30.*,000:2 t,759,200 64,427,808
4,';84.10“! 90,840,200j2 1,0JO,7016 64,::68,316
L, Tenders
Specie.
Spt.29 139.4 -7.200
7,117,400
Philatlelpliia Banks.—The totals of the
are as
follows:
1884.
Sept. 29
Get.
“
*
6
13
Loans
\Lawful Money.
$
$
20.953,783
73,451,396
73, >14,519
73,948,418
21.276,877
20,91.5,781
Deposits*
Philadelphia baLks
Circulation.] Agg. Ultar’g*
%
$
$
67,543.138
67,833,106
7.575,730
68,046,937
8,0 >9,90.9
8,0.51.004
Including the item “due to other banks.”
Unlisted Securities.—Following are latest
42,772,819'
49,8 49,72 9
•16.2 ss. 109.
quotations for a
week past:
Securities.
Bui.
Am. K’ way Imp.ex-bds st k
Am.Safe Ocp. per. deu.bds
A tch. Col. A Pacific;
*
Atlantic A l’ac.—Stock
5
North. Pac.—Div. bonds..
North Riv. Cons.—1“0 (>.<■
Newb. DutchAConn., p of
7
6 78
...
80
Accuinul. laml grant..-..>
Bank.AMcrcli.Tel1 st M
Gen. inert
Host. II. A E.—New stock
best. ll.T.A West.—st’ek
Debentures
Butr. N. Y. A PI11Ia
Trust bonds, 6s
Commercial Tel Co.—Pref
20
1st, old
Continent afConst. Imp. Co
Deuv A liio Giamle—Cons
Den.' *R*.* (i* *«*t* * w;, 7* *t* mV,
by D. A Ji. (4
Dos Moin s A Fi. 1)
Edison Eleeti ic Lie lit....
Ueoigia Pac.—9to.;k
1 st moi l., 6s
2d mort
Ket ly Motor
Moxieau National
Prof
1st mort
—
st’ek trust ctfs
Manoning Coal A UK
Mich. A ()., sub full paid.
Mo. Piicilie—Old stock
Income s**rit>..
N. Y. M. Un. Tel.—Stock.
SC
Tt.—«tni'l7
s'. \V <->>
Bid. ! Ask.
Securities.
Ask.
1
Cent. Div.,
Mut.Un
presented 297 miles.
Peuu. A Ohio road.
year prior to June 1.
Banks.
Guar,
857,972
336,753
70,405
..
Vioksb.8h.APae
Wab. St. L. A 1'
1,109.60 5
020.307
1.’
City Hunks.—The following statement shows the
condition of the Associated Banks of New York City for
week ending at the commencement of business Oct. il:
The columns under the heading “January 1
nish the gross earnings from January 1
the period mentioned in the second column.
Roads.
433
CHRONICLE.
THE
1884.J
3e iGluo Cent.—Kiv. Div., ImI
......
17
Pensacola A All.—
63H»
1st mort...;
25
78
7
52
1P111 shnrg A Western
I 1st inert
Postal Telegraph— Stock.
I 1st moil., 6s
4
24
91
10
37
40
{Postal l’ei.A Cable—Stock
SbiiMicrn 'Util.—Stoc*k
30
33
6
CO
>4
42k!
.
r.
.
.
—
13 8,
1st IDO) t
State of l emi.—."sei’m’t.3s
40
St.
35
13
.
Joseph A Vos!eru
St. .Jo. V Pac., 1st inert.
2<l mo t
Kaus. A Nob., 1st inert.
2d mort
Texas A Pac.—Scrip li-84.
GUI si rip
New sciip
25
•
8 5 >*2
‘Tex.
40
'
4
9
48
3*.
St.L.>M.AA“liv.,a.s p
j 51. A A. Div., 1st inert .
j M. A A. Div., incomes, as p
6s, 1st inert., m lexas..
5
18
10
14
Gen. lst.ld.gr. A inc.as p.
(Tex.AC 1. 1 in]*.—Ex-bil..
|
og0,
4 “
3
5
......
(
■
......
Incomes
95
6 7q
75
9
73
6
•
2*2
......
......
50 4,
16
93
.
.
....
40
......
.
.....
6
25
10
10
6*51
50
2
1
1 st, inert
85
2d mort
.*>«)
57
■t t
‘>0
.
U
»
29 >4
U. S. Electric Light
Vo t-shurx w. Mendiau..
T.’WW,
•
......
......
97
40
91
36
31
31
33
1 ^
15
3
15
3
.
4
27
4-v
10
.
4
*
CHRONICLE,
THE
434
Imrestmeuts
[VOL. XXXIX.
Hoad and equipment
Current credits
$10,101,131
Equipment contracts
60,603
110,768
AND
INTELLIGENCE.
RAILROAD
GENERAL INVESTMENT NEWS.
The Investors’ Supplement containsa complete exhibit of the
Funded Debt ofStates and Cities and of the Stocks and Bonds
of Railroads and other Companies. It is published on the
last Saturday of every other month—viz., February, April,
June, August, October and December, and is furnished with¬
out extra charge to all regular subscribers of the Chronicle.
Extra copies are sold to subscribers of the Chornicle at 50
cents each. and to others than subscribers at $1 per copy.
ANNUAL
$10,302,595
REPORTS.
Transcript says : “The New
report that the payment of the Central Iowa Company's
Central Iowa.—The Boston
York
had been enjoined at the investigation of Messrs.
Iligginson was false. The coupons for October and
July are not yet paid, nor were those for January paid by the
company.
Mr. Sage lias a lot of them which he bought, but
they are alive and a debt of the company.”
Central Pacific.—Gross and net earnings for August and
for eight months were as follows :
coupons
Chase &
August.
Tan. 1 to Aug 31.
x
.
1884.
1883.
1884.
1883.
Chicago & Eastern Illinois.
Gross earnings
$2,113,339 $2,267,543 $14,385,503 $15,848,884
(For the year ending June 30, 1884.)
Operat’g expenses. 1,403,335
1,318,631
10,460,490
10,251,770
The annual report of this company has just been issued.
Net earnings...
$710,004
$3,91G,007
$5,594,105
$018,012
As the company has been through a most interesting and
Fargo
&
Southern.—This
company
application
makes
to
extraordinary litigation, and has only during the past year
made a settlement of the points at issue, the report seems have its first mortgage bonds placed on the list of the New
quite defective in entirely ignoring these facts, and in not York Stock Exchange, and submits the following statement :
giving a clear account of the terms of adjustment. The The Fargo & Southern Railway Co. was organized by virtue of
present company was formed as successor to the Chicago a patent issued under the general laws of the Territory of
Danville & Vincennes, sold in foreclosure ; the validity of the Dakota, and became the owner by the purchase of all the
foreclosure was assailed, and a decision obtained in the U. S. rights and franchises of the Fargo & St. Louis Air Line Rail¬
Supreme Court in favor of the assailants. The case went back road Company. It is authorized to ’construct and operate a
to the Illinois Court, and was there pending for some time, line of railroad from Fargo, Dakota, in a southerly direction
and what finally became of it the stockholders are not now by way of Wahpeton to the foot of Lake Traverse, thence in
informed in the report of the President, Mr. Horace II. Stevens, the State of Minnesota in a southerly direction by way of
■which contains no remarks at length upon the a Ifairs of the Graceville to Ortonville, Minnesota, with power to build ex¬
The road was completed and opened for traffic
tensions.
company.
between Fargo and Ortonville in August. 1884, 119 miles. The
The statistics compiled for the Chronicle are as follows:
company has no floating debt, The amount of capital stock
EAIiNINGS AND EXPENSES ON WHOLE LINE.
subscribed and issued is 12,500 shares of $100 each ($1,250,000).
1883-4.
1S62-3.
1831-2.
$
$
The bonded debt cousists of first mortgage bonds dated Oct.
$
1Earnings from—
1,105,553
1,301,580
1,337,556
Freight
10, 1883, due January 1, 1924, with coupons bearing 6 per cent
284,668
281,847
272,512
Passengers
Principal and interest
110,600 interest, payable January and July.
82,705
82,108
Mail, express, Arc
payable in gold coin of the standard of 1874. Bonds num¬
1.560,320 bered from 1 to, 1,250 inclusive of $1,000 each, $1,250,000.
Total earnings
1,759,132
1,602.266
397,361
988,042
1,620.181
Expenses and taxes
President, H. E. Sargent. Trustees of mortgage, Farmers’
Loan & Trust Company of New York.
770,100
662,050
603,085
Net earnings
years
is
Louisville & Nashville.—A circular has been issued by
The income account and general balance for three
this
company correcting the statement that the $5,000,000 of
as follows:
INCOME ACCOUNT.
new bonds were a lien on the equipment of the road after the
1883-4.
1882-3.
1881-2.
car trust bonds had been liquidated.
The form of the new
$
$
$
Receipts—
bonds, it appears, was erroneous, and the directors, on Monday,
662,050
770,100
663,085
Net earnings
voted to have the necessary correction made. The trust bond
Disbursements—
188.750
160.150
mo, nos
Rentals paid
mortgage and the general terms of prior mortgages cover the roll¬
263.774
263,781
227,068
Interest on debt
.stock of the company whenever acquired, so that the new
ing
80,031
Dividends
bonds
must be subject to any liens previously established.
21,287
13,862
17,715
Miscellaneous
It turns out that Louisville & Nashville
503,803
150,192
Total disbursements
Balance, surplus or deficit
477,304
473,818
292,886
180,141
GENERAL UALANCE AT CLOSE or EACH I IS CAI/YEAli, DEC.
Assets—
1883.
1884.
$
$
8,017.160
140,160
83,311
$
8,723.122
160,680
73,470
232,105
20,426
7.512,722
Railroad, buildings, equip’!. Arc..
Accounts and cash receivable
Materials, fuel, Arc
113,018
74,332
78,502
1,850,4 68
-
Bonds held
6,720
Cash on hand
Chic. & East Illinois I1R. ext
fitrawn & Indiana State Line RR.
Evans. Terre JIaute & C. RR. Co.
Miscellaneous items
232,405
Total
Liabilities—
Stock
Funded debt (see Supplement)..
Bills payable
Other accounts
88,607
25,002
50,028
88.697
8,103,824
8,730,300
$
$
2,008,268
1,267,81 1
165,706
191.082
2<».607
20 8*23
Coupons and unclaimed divs
Miscellaneous liabilities
Income account
Total liabilities
31.
1882.
12,008
01,000
cl,080
2,008,268
1 0,874.276
$
3,600,000
1,268,81 l
356,305
306.38 1
47,748
6,000,000
7U,'51
£2-1,467
IS,271
20.461
130,443
732,320
9.385
90 1.002
8,103,824
8,730,300
1 0.871,270
A
Wheeling & Lake Erie.
(For the year ending June 30, 188',)
lino from Toledo, O., to Valley Junc¬
tion, 157 miles, with a branch from Norwalk Junction to
Huron, 13 miles, making 170 miles in all. An extension from
Yalley Junction to Wheeling, 50 miles, lias been begun, and 10
miles nearly finished.
The road is operated by a receiver.
The statements below are from the report to the Ohio, Railroad
Commissioner for the year ending June 30, 1884.
Net earnings for the year were as follows:
Passengers
$112,035
Freight
Other
.
$44•*. 161
324,517
Total ($2,636 per mile)
Expenses (74* 40 per cent)
Net earnings
The
($728
per
mile)
as follows:
$123,674
general account is
Stock
Funded debt
Construction liabilities
$4,r»oo.ooo
4,590.000
868,736
:
170,57<
Current
floating debt
Net earnings account
Total
300,01'
34,616
sources
74,280
i
right to subscribe to the new stock without the bonds. This priv¬
ilege was taken advantage of by quite a number, and the stock
probably sold in advance at about 28. The Dow & Jones let
ter says: “The sjmdicate is believed to have taken over
$3,000,000 of the bonds at the syndicate price of 55 and about
20,000 shares of the stock at the syndicate price of 22
The
results indicate that stockholders took nearly half of the rights
and the syndicate the balance.
At the office of the company
*the only statement made is that the rights have all been
taken."
12.908
Includes 1st consol, bonds on hand, $1,500,000: incomes, $231,192;
miscellaneous sccuiities, $128,275.
This company owns a
stockholders had the
..$10,302,595
Manhattan Elevated.—In the tax cases of New York City
against the elevated railroads, Judge Pratt has rendered an
important decision, reported in the N. Y. 'Hines as follows :
“Since the elevated railroads have been in existence the city
has received from them, by way of taxes, the sum of $18(5,187.
This amount was paid to the Clerk of Arrears by the Manhat¬
tan Railway Company on July 29. 1881for taxes imposed on
the structure of the New York Elevated Railroad Company,
considered as rOal estate, for the years 1879 and 1880. The col¬
lection of all the other taxes imposed on the New York, Metro¬
politan and Manhattan companies for the years since 1879 has
been resisted, on the ground that the assessments on which
they were based were made illegal!}’. To review the assess¬
ments the three companies obtained writs of certiorari.
“As the city claimed that the writs were ineffective, the
Manhattan and Metropolitan companies joined as plaintiffs in
an
equity suit against the Mayor and the Tax Commissioners,
the correction of all the assessments from
1879 to 1882, both
and all the
E. Pratt,
Decisions
years inclusive, being the end sought.
This suit
certiorari proceedings were heard by Judge Calvin
in the Supreme Court, Special Term, last June.
favorable to the railroad companies, by reducing
the taxes
rendered by him this week.
disputed assessments and taxes were:
claimed from them, were
“The
OX STRUCTURE Oil REAL ESTATE.
Year. Assessment.
Company.
1881 -$9,265,550
New York
New Yoi
1682— 0.265,050
,.1870— 3,603.250
Metropolitan
Metropolitan
Metropolitan
Metropolitan
Metropolitan.
1.1880— 7,106,460
1881— 8,081.700
1882— 8.981,700
1883— 8,762,800
Tux.
$242,757
208,463
02,966
170,703
235,320
202,OSS
about 200,OCO
PERSONAL TAX.
New York
1S80-$3,019,842
Metropolitan
1680— 1,4 87,500
Manhattan
Manhattan
M tnhattan
Manhattan
;
:
18s0— 6.792,500
1881— 4.290,000
1882- 5,413,540
..1683—
$76,402
37,633
171,850
112,398
100,093
October 18,
THE CHRONICLE.
1884.]
435
“Jjudge Pratt first prepared an opinion embodying his views
to the principles to be applied in the taxation of corpora¬
tions, and then wrote opinions showing how he applied them
to the cases at bar.
In his view it was necessary for the court
to correct the assessments, and hence the taxes, in accord¬
ance with the conclusions of law arrived at by him, for the
reason that the law does not provide for a re-assessment by the
Tax Commissioners after a reversal of their original assess¬
ments.
After holding that the determinations of the Tax
Commissioners could be reviewed by certiorari, and thus
overruling the contention of the city, and after noting
the changes in the tax laws since 1825, Judge Pratt
says that to ascertain a private corporation’s personal estate
the assessors must first fix the actual A^alue of its capital, and
then deduct from it the actual value of the company's real
the fixed charges of the company, including the interest on
the second consolidated mortgage bonds, less about $700,000,
which under the circumstances was, in his opinion, a highly
favorable result, and better than he had for some time antici¬
estate. The remainder will be the assessable value of the per¬
sonal estate. He points out that the market value of stock is
not always indicative of its actual value."
*
*
:c'
“In the case of the Manhattan Company, which had no real
The vacancies in the board were filled by
John King, Jr., J. G. McCullough, Ogden Mills
as
not bound to set off the cost of the
leases bought by it because they were not real estate for the
purposes of taxation. But they were bound to take into con¬
sideration the plain fact that the company was insolvent, the
leases having proved an injury to it, and that therefore its
capital stock had no actual value, as the company merely pos¬
sessed a right to operate the railroads of the other two com¬
panies. Everything else it possessed had been taxed as prop¬
erty of the other two companies, and t o tax it again as capital
stock of the Manhattan was double taxation, which was not
excused by the plea or fact that the issuance of the $13,000,000
of stock was a fraud on the public, even assuming that to be
true.
Reverting to the assessment of the structures, Judge
Pratt declares that they were unjust because not made as
In other words,
assessments on other real estate are made.
the assessors should have found their assessable value by
deducting, as in other cases, 30 or 4b per cent of their cost, or
trading value, and should have further allowed a reduction for
annual deterioration and repairs. Taking up the cases one by
one, Judge Pratt applies the principles above stated.*’
* *
“In brief, he decides that the Manhattan Company is not prop¬
erly assessed for personal estate, and he thus cuts off $393,312
for taxes, based on such assessments up to 18S3.
As to the
Metropolitan Company, he decides that it was properly taxed
$92,966 on an assessment of $3,603,250 in 1879, but that the
assessments for the other years were unequal and unjust,
estate, the
assessors were
because the deductions for deterioration of its structure were
not made and because it was not allowed a margin of from 30 to
40 per cent, just as other real estate owners are, their property
pated.
Company.
Metropolitan
Metropolitan..
Metropolitan
.
Metropolitan
New York
New York
New York
->
Ye n-.
1830
1881
1882
1883
1881
1882
Assessment.
Tax.
$1,103,125
4,962,499
1883
5,173,654
$103,809
130,017
111,656
103,611
128,653
116,407
118,376
4,962,499
4,962,499
4.910,446
5,174,651
PERSONAL tax.
Company.
Metropolitan
New York
there had been
some
criticism
and natural condition ; that even under the most adverse cir¬
cumstances which had existed since the lease had been made,
the loss to the Erie Company for the entire period of the lease
up
to August 31,1884,
was
but $44,040.
the election of
and James A.
Raynor, who take the places of Theron R. Butler and Thomas
Dickson, deceased
James D. Fish and Jacob H. Scliiff.
;
Mr.
Scliilf recently resigned because of his proposed absence for
several months in Europe. The Nominating Committee, which
was to report a ticket for the annual election in November,
made no report and was discharged.
There will be no actual
contest at this meeting, for the former directors are willing to
surrender their places to the real owners.
New York & New
England.—On the 15th inst.
some
$10,-
000,000 of the stock had voted for the issuing of preferred
stock and second mortgage bonds under the recent resolutions
passed at the annual meeting.
There is
fiscal year
a
deficit in the net income of the company for tlie
ending Sept.. 30 of about $550,000, and the Boston
gives the following: “Taking the Auditor’s estimates
of the fixed charges for the period from Jan. 1 to Dec. 31,
1884, which will correspond closely with the last railroad year,
Journal
and we can coins to a close estimate of what the next report
of the railroad will show.
The Auditor’s estimate of fixed
charges for the
year
is
as
under:
Tax
Insurance
Rent of roads
Interest $10,000,000 first bonds
Interest $2,833,000 second bonds
Interest due Common wealth
Interest due Boston & Albany
Interest due on Drake’s wharf
Interest due on Piper’s wharf
Iuterest due on ear trust
Grand total
Deduct not earnings
Deficiency for
$136,000
25,000
81,150
669,000
169,980
40,461
6,000
6,250
11,260
30,185
$1,216 306 656,000
$559,306
year
“This statement shows
:
TAX ON STRUCTURE.
as
advantage to the New York Lake Erie & Western Company
in having the control of that property, he had no doubt that
as a mere question of money a profit would be realized from
the lease, whenever business resumed anything like its ordinary
being assessed at what it would probably bring at a foreclosure
sale. The Judge therefore revises the figures, concluding that
the assessments and taxes should be
He further said that
of the wisdom of the lease of tiie New York Pennsylvania &
Ohio Railroad, he would state that, in addition to the great
improvement
$631,604.”
upon
a deficiency of $559,000, or a slight
the previous year, when the deficit was
The New York & New
England has been an unfortunate
are few railroads in the United States
better location for commanding business.
property, although there
that seem to have a
The roid was barely completed to the Hudson River when the
trunk line rates became so unprofitable that the through busi¬
ness via the Erie Road had to be abandoned.
Then the project
of
Year.
Assessment.
Tax.
1«80
1880
$1,487,500
$9,! 66
76,402
3,019,842
“The change in the personal tax of the Metropolitan for
1880 is based "on the fact that the Commissioners admitted
an error of $1,125,000 in the assessment.
The
amount of the taxes imposed on the three companies on the
basis of the assessments made by the Tax (’om missioners was
having made
connecting it with the N. Y. City & Northern for passenger
was never perfected by Messrs.
Gould, Field and their associates, who went into the direct¬
ory with great expectations to the
stockholders. The
company
should have money to pay off all floating
debts and all obligations maturing shortly, and it is use¬
less to create new interest-bearing obligations.
If the
stockholders or others will raise the necessary capital by taking
preferred stock at a fair price, they may save their property;
but if the road should go to foreclosure and be purchased by
heavy capitalists, there are few railroads in the country that
seem to offer greater promise of becoming valuable properties
business out of New York
$1,868,767. With the assessments revised and reduced by
Judge Pratt, they aggregate $991,099.
The sum which the
companies will save is therefore $877,667, of which $393,342
falls to the lot of the Manhattan C ompany by the cutting off
in a few years.
of all tax on it because it made it.elf by purchasing two leases
Oilio Central.—A meeting of security holders of this rail¬
with $13,000,000 of stock that stood for nothing.*’
road
(main line) was held at No. 52 William Street. There
Mexican Central.—Mr. Levi C. Wade has been elected
were
represented $624,000 first mortgage bonds, $391,000
president of this company.
income bonds and 2,000 shares of stock.
A committee con¬
Nashville Chattanooga & St. Louis.—'The gross and net sisting of C. W. Opdyke, Grinnell Burt, D. B. Halsted, Charles
earnings for September and for the three months since July J. Canda and John S. Stanton was appointed to protect the
1, iu 1884 and 1883,•have been as follows :
interests of the security holders, and prepare a plan of re-organ¬
ization. Tlie committee was also instructed to secure a post¬
September.
—July 1 to Sept. 30.—
1884.
1833.
1884.
1883.
ponement
of all foreclosure proceedings until the re-organiza¬
Gross earnings
$210,585 $197,709
$016,250 $009,925 tion
plan
has
been considered.
Operating expenses
114.897
310,019
105,913
33.9,090
.
Net earnings
Interest and taxei
$45,688
$91,856
$27™,TOO
$299,906
57,315
55,120
171,038
165,691
Surplus
$38,373
$36,736
$105,522 $131,215
New York Lake Erie & Western.—At a meeting of the
directors of this company on
Ohio &
Mississippi.—At the recent annual meeting, Presi¬
Peabody's report was read and ordered printed. After
reciting the resolutions, giving the plan of re-organization, the
report continued as follows:
dent
Acting under this resolution, this board took such other steps as were
Thursday, Hugh J. Jewett for¬ necessary to relieve the property fioin the custody of the court, and on
April 1. by the order of the court, the receiver was discharged, and the
mally resigned the office of President, and John King, Jr., who board
of directors on that day assumed the control and management of
was recently made Assistant President, was elected his suc¬
the property.
cessor.
The changes will go into effect on the first of next
As provided in the plan, the proceeds of the bonds sold have been
month.
President Jewett, after explaining to the Board the applied to the payment of arrearages of interest on the existing mort¬
details of the operations of the company for the fiscal year gage debts, the unsecured debts and the mortgage indebtedness already
matured, and also to the purchase of additional rolling stock.
ending September 30, to the extent justified by the present
The present financial status of the company is as follows:
state of the accounts, remarked that he 1 loped to complete the
LIABILITIES.
annual report for the present year at an earlier date than here¬
First mortgage, 7 per cent
$6,502,000
tofore, and that it would be shown that notwithstanding the First mortgage, sterling, 6 per cent
112,000
almost entire stagnation of business for a portion of the year
Second mortgage, 7 per cent
3 829,000
and the universally low rates of transportation for the entire Springfields, 7 per cent
2 009,000
First general mortgage, 5 per cent coupon bonds, 5 per cent
2,990,000
year, the net earnings after charging up all the current ex¬
Total present funded debt..
penses for maintaining and operating the road were equal to all
$15,442,000
[Vol. XXXIX.
CHRONICLE.
THE
436
in 40 of the 747
laying has been in progress on at least 120 lines,
States and Territories, and has reached an aggregate, so far asour returns show, of 2,553 miles—reference being had to main
line only and not including sidings or additional tracks.
ing fund, which, for the current year, amounts to
for the corresponding period of 1883 showed 4,244
Making the fixed charges
.020 records
miles,
and
for the nine months of 1882 we
The earnings and expenses of the railway for the five, months ending
miles.” * * *
feptember 1, the period operated by the company, as
Banie period last rear, have be cn as follows :
St. Louis Hannibal & Keokuk.—An argument was
-1984.
-1683.Act
in St. Louis recently, before .Judge .Brewer, on exceptions
Gross
Gross
Net
Earnings. filed by the bondholders’ agents and the receiver of the
Earnings.
Earnings. Earnings.
$153,'25 Louis Hannibal & Keokuk Railroad to the allowance of claims
$306,4-; 6
5H,444
annual liability for interest on
present time being
To which is to be added the annual
rJ he
the
contribution to the sick¬
the funded debt at
$18,892
61,488
63,533
6<»,333
$3DS882
310,371)
307.118
3> 0,689
470,442
April
May..
June
July
August
The failure of the
040,-04P.OOO
Our
reported 8,075
compared with the
made
St.
312,'*56
43,440 reported by the Master in Chancery.
Most of the claims
*V7,134
74,115 excepted to were for services rendered prior to the appointment
282/202
154.727
353,708
2
aud the bondholders claim that no payments
those allowances prior to the payment of
the defaulted interest on the bonds.
In the report the time
fixed for the period from which valid claims can arise and take
priority to the claims of the mortgagers is Oct.
because that was the date when default in the payment of
the interest on the bonds was made.
Mr. Thos. G. Case made
an elaborate argument in favor of the position of the exceptors
to this report, contending that if a bondholder was to lose
security furnished by a mortgage, for not foreclosing the
of the receiver,
172,7*29
wheat and corn crops of last year and the ruinously
low rates of freight prevailing most of the spring and ,-nmmer month"
portion of the time the rates being below the actual cost of trans¬
portation—had a marked effect on our earnings, the most rigid econ¬
omy only saving us from serious embarrassment.
It is gratifying to
should be made on
—a
1, 1883,.
mentioned our gross earnings decreased
but $9,028.
The crops along our line and in the country tributary are this season
abundant and fully up to the average, but the general depression in
business and the absence of seaboard and foreign demand has so far pre¬
vented the moving of grain in any considerable quantities. It is con¬
fident! v hoped that the business of the fall and winter months will
show a marked improvement, with good net results. The first mortgage
interest falling due on July l, the second mortgage interest October 1.
aud the pajmeut
due the sinking fund October 1, $24 0/0, were
promptly met at maturity. The obligations of the Receiver assumed by
the company, including the awards of $106,000 made to attorneys by
order of the Court, have, with the excep ion of a few uuailjusted
claims, been paid by your board.
The physical condition of the road has been fully maintained. The
repairs to the road bed between Cincinnati and Aurora, necessitated by
the disastrous flood of February, have been completed a d charged to
working expends. The bridge over Shoal Creek was completed in July,
ami the hi idge at Tanner’s Creek will be completed this month
At both
of these points n w and substantial masonry was built, and the bridges
of the most substantial character. The bi idge owr the MuseatafaK
has also been re-built this season.
It is not expected that any other
renewals will be necessary for some years to conn*. O e thousand tons
of steel have Inen placed in the mainline, and the. li<>ht steel -relieved
placed on the. Spri gti *ld Division. 8ix and one-half miles of road have
been ballasted this season, and one hundred aud eight miles of the toadforced.
Contracts were entered into in May with the Brooks Locomotive
Works for twenty (2") first-class ten-wlieol freight engines. fJ hirteen
have been received and placed in service, and tho remainder will l»e
delivered in October. Tin*. increas'd capacity of these engines will
effect a decided decrease in expenses of conducting transportation.
Contracts have also been e itered into for one thousand first-class large
capacity box curs, the delivery of which will be commenced in Novem¬
ber.
This new equipment will be paid for from the proceeds of the. live
per cent bonds. More freight, equipment > hould be provided, to allow of
economical working of the road and save tie large amounts paid
annually f >r m ’.ca ge on f.*re»gn cars.
Out trains have been run with great regularity, and no accident has
occurred resulting in the injury of any passenger. Our. relations with
all our connections continue of the most friendly character. Respect¬
note that while in the time
$202,213, our uet decrease is
the
mort¬
gage immediately there was default in the payment of the
interest, then every mortgagee would become a Shylock and a
wrecker of roads, that might with some leniency pull throughAgain, it was held that if the court could make such an order
of these intervenors,
the time the receiver was
that contemplated in the payment
such order should have been made at
as
would have had an oppor¬
such conditions. The Master‘s allowance of claims was based mainly upon the United
States Supreme Court opinion in the case of Burlian vs. Bowen,
rendered May 5, 1884, in which it is established that all claims
arising from indebtedness for labor and material furnished a
corporation after the same has defaulted the payment of inter¬
est
their bonds, take precedence over the claims of the
bondholders and constitute a prior lien upon the property.
Between $70,000 and $100,000 is involved in the outcome of
this portion of the receivership proceedings.
Texas Central.—This company has executed a general
mortgage to secure an issue of 0 per cent bonds at the rate of
$25,000 per mile; The new bonds are to be used to retire ex¬
isting issues and to provide funds for extensions and im¬
appointed, for thus the mortgagers
tunity to refuse the receiver under
are
on
wav
is controlled
miles of com¬
provements of the road. The company, which
by the Houston & Texas Central Co., owns 229
pleted road.
*
Texa* & Pacific.—The property of the Texas & Pacific Com¬
pany in New York, including the books, money and
in the company's oliice and in the Mercantile Tiaist Company,,
were attached'this week in live suits, begun in the United
States Circuit Court, to recover cash interest on Texas Pacific
land grant income bonds. It was reported that Mr. John R.
an
securities
W. W. Peabody, Pre.sid ut.
Oregon Improvement.—The gross and net earnings for
August show a decrease as compared with last year. The gross
and net earnings by months since Dec. 1, 1883, the beginning
fully submitted,
Dos Passes,
comparison with
who won a
similar suit for II. S.
Marl or, caused
large amount of the
1882-83:
also
that an application
1884.
1663.
the same parties.
Gross..
Met.
dross.
A el.
Texas & Pacific by
December
$271,178 $59.* 56 $309,831
$71,612
issue scrip to the
January
202,177
4.8,074 *238.506
41,972
February
21,281 221.944
45.634
225,132
two years ending
the
Mar, h
29117s
58,736 298,378
04.800
having refused to exercise
April
290,392 6-,169 315,937
131,8 b
scrip for interest, the company was
312.6-0 92 445 361,* 19
May
185,132
2 78.725
6-.589 35 ',837 120.332 responsible for interest for these two years in cash.
June
July
2-3,61 L 02,753 4* 3 796 151.656
Toledo < iucinnati <fc St. Louis—Southeastern Division*
Angie-1
2 70.3,6
46,39 L 3i07i0 125,2 14
—The meeting of bondholders in Boston to perfect an organi¬
Pacific Mail.—The directors declared a 1 '4 per cent divization was adjourned in order that the plan might be printed
edend. The books close Oct. 25 and re-open Nov. 3. -The state¬
and distributed. The plan of organization, if adopted, will
ment for the quarter ending Aug. 31, 1884 is : Gross earnings,
make the capital and debt as shown below, if the whole was
$1,238,147; expenses, $25,009; net, $113,077; cash on hand, to he issued, which it probably will not be.
of the
financial year, make
the following
s
,
this attachment to be made, and that a
bonds have united in the new suit;
for a receiver will probably be made by
This cash liability was brought upon the
the action of the officers in refusing to
holders of land grant income bonds for
June 30, 1883.
The Court held that,
their option and -issue
,
$1,270,000.
Preferred stock
Common st ick
Construction in the United States.—The Chi¬
cago Radway Age has an article on track-laving in the
first nine months of 1884: “ The year 1884 thus far has been
marked by a general business depression, and, as a matter of
Railroad
construction, which requires
course, railway
tures of capital
fidence, has shown a
the years of general
the nine months from
large expendi¬
prosperity.” * * * “Our records for
January 1 to September 30, 1884, show
laid in the various States and Territories to
that tiaek has been
the following extent :
TRACK LAID
FROM JANUARY
No. lines. Miles.
62
5
13
1
6
2 )
1
States.
Alabama
Arkansas
Arizona
California
Colorado
Connecticut
Dakota
Delaware
Florida
Georgia
•
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts...
1
1
5
13
*»
112
O
24
71
72
6
1
1
•>
7
*>
O
3
3
O-T
*
•
9
27
213
124
12
110
23
12
21
1 TO PKI’TKMBKR 30,
Minnesota
Mississippi
3
1 os
6
.2
239
22-1
5 i
Missouri
4
Montana
.1
Nebraska
6
New Jersey
New Mexico
New York
!>
84
17
o
«>*
.
North Carolina
()ltio
Oregon
Pennsylvania
Tea m-ssee
1
3
.3
.4
.9
.3
*>
Texas
12< i
79
12 a
14 1
30
40
/
90
Virginia
Washington Territory.
West Via ginia
r>
O
'60
.
Wisconsin
•>
32,500
9,000
Union Pacific.—The following comparative table from the
Boston Transcr pt will shnv the heavy land sales in the
months of August and September and since Jan. 1. which are
due largely to the sale by the Union Pacific land department
of large tracts of grazing lands at a low price per acre.
Kansas Division
Union Division
/
•
120
2.5 <3
the present year trackT
.
S jitern her—
Kansas Division.,-.
Union Division
Union
.
.
1.
Division
Division
Total 9 months....
i res.
15,730
.
Total
Total
From January
*.
A
A iigust—
Kansas
20
•>
Utah
and Territories
“From this it appears that during
Total in 40 States
1884.
No. lines. Miles.
States.
Michigan
bonds
First mortgage 6 per cent
stuck per mile, about
Bonds per mite
the state of public con¬
considerable falling off compared with
and depends much on
$2,500,000*
2,500,600
1,377,000
-.
.
.
.
mount.
A errs.
$7 7,222
35, -23
A
8*‘,475
A mount.
$1 W,7«8
2
70,143
640,034
779,583
655,773
$;*56 805
31,839
1,124, 459
$’50,900
972,3 49
70,1.-5
$55,367
219,043
1,156,297
$1,123.31 j
87,444
$274,410
268.4 82
3.969,995
$1 2-6.588
6,221.570
217,841
5 4, •> >3
$1.0 0,515
4,2 8.478
$7,510,153
742.51 4
$2,774,272
12)
,299
1 V,2
9
$K8,8’J1
1,773,756
of the Union Pacific
interest with trust com¬
The Transcript says: “ The trustees
lands has above $3,000,000 in cash on
collateral
panies in New York and Boston and loaned on
security.”
—The land grant 7 per cent bonds manure between 1S87 and
1889.
On the maturity of these bonds, lands and land notes
become security for the 8 per cent sinking fund bonds, which,
do not mature until September, 1893.
There are $13,839,000
of these 8 per cents. - The amounts of land grant 7s due
and
THE CHRONICLE,
October 18, 1884.]
periods named for their redemption are: $1,554,000 due
April, 1887; $1,208,000 due October, 1888; $1,681,000 due
April, 1889. It is stated that the high price of land grant 7s is
due to the endeavor of large holders to sustain the price and
force the trustee of the land grants to buy the bonds at these
figures. The trustee, however, unless he can get the bonds at
fair prices, will hold the money until the bonds mature.
Wabash St. Louis & Pacific.—The receivers give notice
that the coupons which became due Sept. 1 on St. Louis Kan¬
sas City & Northern real estate bonds will be paid Oct. 20, on
presentation at the National Bank of Commerce in New York.
Interest due Sept. 1 on Wabash scrip certificates will also be
paid Oct. 20 at the Metropolitan National Bank in New York.
At St. Louis, Mo., Oct. 13. in the United States Circuit Court,
E. T. Allen, special master, filed two reports. In the first matter
the master recommends the purchase of fourteen new freight
locomotives of the Baldwin locomotive works, at a price not to
exceed $8,290 each; also, eleven similar locomotives from the
New York locomotive works, at $8,250 each. It is further recom¬
mended that the receivers be authorized to purchase forty box
cars, forty stock cars and twenty coal cars at the following
prices, respectively: $403 20, $421 30 and $339 40 each. With
regard to the payment to be made in these matters, it is rec¬
ommended that a lot of old rolling stock be sold and the balance
be paid by receivers’ certificates.
In regard to the Havana
bonds interest, it is recommended that the receivers be au¬
thorized to pay the interest which accrued on July 1, 1884, on
$340,900 of the first mortgage preferred londs issued by the
Champaign Havana & Western Railroad Company, and also
the
the interest
on
such of the Havana division bonds
as
have been
exchanged for the preferred bonds of the Champaign Havana
& Western Company.
It states that though, owing to failures
of crops, this 131 miles of road has been unproductive to
the Wabash for two years past, yet it is an important factor
to the system, to which it should contribute much business
this year of good harvest.
It is also of use as being on
the direct line to Chicago, and as giving a double track, with
•easy grades for forty miles, which will be of great service in
the press of work now expected.
Western Union Telegraph Co.—An appendix to the
annual report gives t^e following list of securities belonging
to the company,
and held by the Treasurer:
,
STOCK8.
Par value.
Par value.
Am. Diet. Tel. of Holt,’re. $5*>.*250
Ain. Distiict T^l. of N. Y.
2*1.425
Lynchb’g Sc Abingrt’n Tol
Michigan Telephone
Metropolitan Tel. Sc Tele.
Northern Pan. U. pfd stk.
Speaking Teleplione.l,207.500
Bell T«lept» e of Canada.
37,200
Bell IVlopliV, id’ Phil
125.000
Am.
Boston Di-triet 1<1
Broolr* Umleui'M T< 1
Cen. Di.-t. At Print’g T\ 1..
10'v 00
130,000
Pnt-in-Pay T(d
Philadelphia Local Tel...
St. P. Sc Duluth R.pl'il stk
125.000
2,3*1 .non
Chicago At MP.s. D-l
California S!aO Tel
Continental 1V1
123.575
Coin. Telephone of Tn>v.
2 v 85
Del.
All. Tel. & To ej h
2<\0u0
Dominion To!
3 J,' 00
Del. River Tel
East T« iiposscc Tc.l
25,0*0
Franklin Tel
020,000
Gold & Stock > el
1,0 13, on
•Gold A; Stork Tel. of Cal.
3'> 1 ,<>00
IIh w keye Te 1
31,1 (5 “*
International' Ocean Ti 1.1,023.100
TnternaT of Mi ine Tel...
so,TO »
Illinois & Miss. Te’
100,35 >
740.8T,
81,45“
1,457.fa 0
N. Y. Mutual Tel
Ohi > Sc Miss. Tol
Pacilie & Atlantic Ted
17>,57.'i
S'. P. A* Duluth R (Mini stk
South’ll lb 11 Telcph. A T.
Souihern Sc A lamioTel.
Vermont A'Boston Tel.
Wi stei n Union Tel
Western (••! I'alfiu.’e) Tel
Wa<hington Sc N. <>. TcL.
.
Anglo American Tel.
Cell. D. At Print.
27 100
187,900
40 >.< 00
9,000
..
.
Tel.scrip
North’Ll Pacilie R. scrip..
Scrip assets of estate of
Jay Cooke & Co
830
30\O»'O
8r,0
2,917
21s, <>'>
3‘-0.475
119.7 0
20.075
97,3<>5
53'>,000
£1.808
$12,140
9r9
1,580
PONDS.
Par value.
Gold Sc Stock Tol
05,300
Paris Sc Danville R.R
3,0(>o
3.0*0
3 000 | United States 4 per cent.
1,*00
Par value.
Burlington Sc Wo. Rig. R.
Buffalo & SouthwestTi R.
Cedar Falls A Minn. R
.
$3.n< 0
Wisconsin Central.—The report of the
Wisconsin Central
Railroad for the year ending June 30, 1884, was filed with the
Railroad Commissioner by the trustees. J. A. Stewart and E.
H. Abbot.
The total income was $1,476,821, against $1,272,195 by the last report.
Operating expenses, including car
excess of income over
expenses, $405,392, against
$279,703 last year.
fee and taxes, $34,038, against $9,814 Inst year.
service, $1,071,428, last report $992,492;
operating
License
Rentals. $201.016 ; last year, $118,358.
year, $94,500. Total of taxes, rentals
leaving the balance for the
$57,029.
year
Interest, $150,500
;
last
and interest is $385,585,
$19,807, which last vear was
—Messrs. Drexel, Morgan & Co. of this city and Drexel &
Co. of Philadelphia, in connection with J. S. Morgan & Co. of
London, have brought out for popular subscription $6.5(0.000
■5 per cent debenture bunds of the New York Central & Hudson
River Railroad Company.
These bonds are part of an issue of
$10,000,000. and tli*.' resolutions of the directors authorizing the
limits the amount of the issue to that sum. $3,500,000
being specially reserved to retire $1,350,000 Hudson River
'Railroad second mortgage bonds due in June, 1885. and $2,150.same
000 New York Central Railroad bonds due in December, 1887.
Between 1871 and 1883,the company expended $53,691,407 for
•construction and the purchase of stocks and bonds of connecting
was increased only $33,557,913. The
expenditure of $20,138,494 was partly liquidated by
the application of $8,297,830 surplus earnings over the amount
paid to stockholders, and $5,252,570 income from other sources.
The difference of $0,500,000 is capitalized in these debenture
bonds now offered for subscription as above.
—The Ilomestake Gold Mining Company of Dakota has
declared its seventy-fourth dividend of $25,000, payable at the
•company’s office. S in Francisco, or at the Transfer Agency
Messrs. Lounsbery & Co., 15 Broad Street, New York.
lines, while* the bonded debt
excess
of
437
%hc Commercial flutes.
COMMERCIAL
EPITOME.
Friday Night, Oct. 17,
1884.
embittered, and
for the coming two weeks will occupy a large share of atten¬
The Presidential
tion from all
canvass
classes of
has become much
people. Both parties claim the
advantage in the result of the Ohio election. The weather has
become more seasonable in respect to temper Pure, but all the
coast States, from Texas to Maine, complain of drought, which
in some sections is quite serious.
Trade is dull and specula¬
tion fitful and feverish, but an improvement in both particu¬
lars may be expected when the Presidential contest shall have
our
been decided.
The
speculation in lard futures has at times been brisk, but at
of the improvement of the
previous week having been lost, there having been some decline
to-day, and the close was at 7‘55c. for October, 7’43c. for No¬
vember, 7*38c. for December, 7*13c. for January and 7‘49c. f g
February. Spot lard has been much less active, and was weak
to-day at 7’50c. for prime city and 7*60(5 7’65c. for prime West¬
ern, with refined for the Continent quoted at 7*95@8c. Pork is
quiet at $17 for mess. B acon continues nominal. Cut meats
were selling
rather more freely ; pickled bellies, 9@9J^c.;
hams, 1234@123^c. ; shoulders, 7@7^c. Beef very quiet. Beef
hams are firmer at $20@$21 per bbl.
Tallow has become dull
at 6J^c.
Stearine quoted at 83^c. and oleomargarine 8)^c.
Butter is quiet—creamery, 23@32c.
Cheese steady—State fac¬
tory,Eggs are decidedly higher at 23@ 2 5c. per
dozen for prime to choice.
The reports of pork packing at the
variable and unsettled values, most
West continue to show
a
material reduction from last year,
but the exports are also much smaller.
Rio coffee has been quiet at 1014'c. for
fair cargoes ; options
dull and slightly lower for the later deliveries;
October closed at 8,50@8,55c. ; November, 8 -25@8‘30c. ; De¬
have
been
cember,
8*30@8'35c. ; January at 8-35@8*40c. ; February at
8’35@8-45c., bid and asked ; mild grades quiet and rather
depressed. Tea has bren dull at lower prices; the large
auction on Wednesday showed a further decline.
Foreign
fruits have been stead}7 and moderately active.
Rice has been
in fair demand and steady.
Raw sugar has been very active,
and is quoted at 5c. for fair refining Muscovado and 5 916c.
for 90 deg. test centrifugal ; yesterday the sales here were
nearly 10,000 hogsheads; refined was quiet and declining
until two days' ago, when the market advanced, and granu¬
lated closed at 03^(77. 6 5-16c.
In Kentucky tobacco little of importance lias been done on
the spot, but lugs have remained steady at 7@8c., and leaf
Sl^lOjJe. Seed leaf also has been quiet, hut no particular
changes have taken place, and no interesting features have
The sales embrace 1,130 cases, including 250
transpired.
cases 1883 crop, Pensylvania, 8?4@llc.; 100
cases 1882 crop,
do;, private terms; 280 cases 1881 crop, do., 5@llc.; 200 cases
1883 crop, Wisconsin Havana, 16@35c.; 200 cases 18Q3 crop.
New England, including Havana seed, 12@34c , and 100 cases
1883 crop. State Havana, private terms: also 400 bales Havana,
80c @$1 15, and 300 bales Sumatra, $1 20(a$l 60.
Wnile naval stores have been dull both for export and con¬
sumption, and the speculation also very slow, holders have
managed to maintain prices in pretty steady shape, and to¬
day spirits turpentine was solel on the spot at 31c.; common
to good strained rosins remain
at $1 25@$1 30. The hop mar¬
ket looks a trifle brighter, and fancy State 84s are held at
23c.; the bulk of the business has been in grades costing 20@
In metals nothing worth special mention has
21(d22c.
occuried, and recent figures are unaltered. Wool is flat and
dull lor all grades except Ohio fletces, which find a fair out¬
let at firm figures.
Oils are essentially unchanged. Crude
petroleum certificates have been severely handled, and large
.sab s for a ehcline have been brought out under the influence
of ti e big Chii-tie well.
To day the new Fisher well assisted
a d< clhie from 64%c. to 61*3-gC. and
the close was (>25«c. Refin' d for export has been rather slow, but closed about steady
at 7-l4'c. for 70 abt-1 test and 9c. for cases, plain cargoes.
The week in berth room has been quiet and uninteresting,
tatfs remaining only about steady.
Oil chart*r tonnage in
his port has received better attention, and a slight improve¬
ment in rates can be reported.
The feature of the week has
Veen the chai ter of two vrsselsto load grain for Cork for orders
at 4s 9d@4*. lO^d. To day grain to Liverpool bysteam quoted
3%d.; cotton, 11-64(57-32J.; flour, 12s. 6d.; provisions, 25@
30.'.; grain to London by steam, 4%ri.; do. to Glasgow by
steam, taken at 5l^d.; do. to Antwerp, 6)^d*; refined petro¬
leum from Philadelphia to Bremen, Antwerp or Amsterdam,
2s *>do. in cases hence to Japan, private terms for 80,000,
quoted 28c.; do. a Danish port, lefiiud in bbls., 3s. 4d.
CHRONICLE.
THE
438
In addition to
COTTON.
October 17, 1831.
indicated by our telegrams
below. For the week ending j
this evening (Oct. 17), the total receipts have reached 212,330 j
bales, against 205,313 bales last week, 1G3,721 bales the previous j
week and 118,463 bales three weeks since: making the total ;
receipts since the 1st of September, 1884, 373,218 bales, against j
The Movement of the Crop, as
from the South to-night, is given
decrease
2,798
9,746
3,17 5
Galveston
Indianola, &<;.
6,915 13,GO 2 10,887 12,403
1,274
3,567
2,171
1,930
New Orleans...
Mobile
Florida
Savannah
Brunsw’k, Ac.
6,718
Charleston
6,911
Ft. Royal, Ac.
Wilmington....
Moreh’d C.,Ae
....
West Point,Ac
1,862
1,367
....
....
New York
....
1,397
....
927
7,524
724
721
70
79
259
/oi
304
4,491
10
its
1,650
235
Coasf-
Foreign
v'isc.
Leavin
Stock.
Tolal.
■
664
None.
4.000
4.500
51,178
58,485
None.
18 3o0
29.900
6.962
49,864
54,775
28,566
22,957
6,846
18,568
None.
2.000
None.
None.
6,800
13,900
None.
None.
None.
1,246
1,743
21 4L7
300
None.
3,150
1,500
None.
None.
7,950
6,700
87,114
j 16,873 j 48,171
12,153
48,001
14.983 j 85.137
26,381 | 43,929
11,500
23,367
19 674
4.500
5,200
Total 1883
Total 1882
01her
11,573
5.500
Total 1884.
63,110
4,253
48.469
40,472
101,311*
288,830
13 953
162,074
470.775
15.647
149,< 67
323 083
speculation in cotton for future delivery at this market
only moderately active for the -week under review’,
and prices show a considerable decline. The Bureau report,
w’hen analyzed, led to some augmentation of crop estimates.
Besides this the weather has been generally favorable to the
work of gathering the crop, while there lias been some restric¬
tion of consumption by New England spinners.
These facts
The
36,849
235
France.
17 373
None.
Savannah
Galveston
Noi folk
New York
Other ports
has been
....
....
Great
Hr Haiti.
New Orleans
Mobile
5,373 4,23 6 25,553
14,986 -14,996
4,897
100
319
609
Boston
1,145
1,909
6,481
1,197
5.9G9
....
....
....
....
3,500
61.5C2
12,190
1,909
44,453
1,197
5,723
1,095
4,288
....
....
9,736
....
....
3,965
2,814
Norfolk
7,929
'....
5,268
4,583
....
....
757
....
«...
....
8,365
876
757
7,113
6,368
7,238
10,030
...
23,959
....
....
....
....
4,503
....
....
mmm0
Total.
4,082
4,655
o ird,
Shipboard, not cleared-for
On
Charleston
rn.
Thors.
TTYtf.
Tncs.
Mon.
Sat.
Receipts at—
special use
Oct. 17, at—
to-night also give
not cleared,
figures for New York,
by Messrs. Carey, Yale
which are prepared for our
& Lambert, 89 Broad Street.
showing a i
for the same period of 1883,
since September 1, 1881, of 97,893 bales.
bales
971,141
above exports, our telegram s
the following amounts of cotton on shipl
at the ports named.
We add similar
us
Friday, P. M.,
[Voi. xxxix.
;
110
110
459
525
greatly weakened confidence in the speculation for the rise, so
that the few’ sellers found no buyers except at a reduction.
33.958 54.037 242,239
37,318
36,503
50,439
There were considerable declines on Saturday and Monday.
29,984
Totals this week
For comparison, we give the following table showing the week’s On Tuesday there was a partial recovery, but as it was ap¬
total receipts, the total since Sept.l, 1881, and the stock to-night, parent it had no other basis than a temporary demand to cover
and the same items for the corresponding periods of last year. contracts, there was on Wednesday a fresh decline of 6@ 8
Stock.
1
1883.
1884.
points. Yesterday the stoppage of mills at Fall River, to¬
Receipts to
Since Sep. i
Th is
gether wdtli a sltarp decline at Liverpool, caused a further
Since Sep.
This
1883.
1884.
October 17.
reduction in values to the lowest figures which have thus far
Week.
1, 1393. j
Wceh.
1, 1834.
been reached this season: but the close was steadier.
To-day
51,823 93,882 with frost, accounts from the Carolinas and a recovery in the
163,492!
23,959
137,378 38,129
Galveston
14
536
5,396
757
5,660
Indianola,Ac.
Liverpool market, the opening wTas quite buoyant, but an un¬
109,663 164, G9 5
Baltimore
*
Philadelp’a, Ac.
25
G
....
35
....
......
New
61,562
12,196
Orleans...
Mobile
1,909
Florida
44,453
1,197
30,819
Savannah
Brunsw’k, Ac
Charleston
162,4S8
31,661
8,041
207,917
61,289
15,316
3,524
145,972
442
7,0)7!
32,773
147.026!
428
316
223,642;
40,929j
r
204,65
1,9
L1
Wilmington....
M’head C., Ac
7,521
29,292
9,106
28,367j
724
90S
815
1,600:
25,553
14,936
81,548
32,511
37,165
13,692
89,492!
36,606
259
338
229
West Foiut, Ac
New York
4,491
12,020
1,930
Baltimore
110
513
361
1,384
Philadelp’a,Ac.
525
4,802
178
1 626:
Boston
242,289
In order that
287
15,354
Mobile
Savannah....
37,0 *4
ChaiTst’n, Ac
Wilm’et’n, Ac
Norfolk, Ac..
8,218
40,539
8,491
All others....
2
42,289
873.248
8
/
4
3,419 109 412
6,310
3 230
13.0S6
7,283
8,633
7,265
with other years, we
1880.
1881.
1882.
18,261
61,283
15,316
50,300
49,3.90
18,783
47,258
31,198
8,641
33,397
28.170
7,663
6,022
36,279
7,441
41,318
33,G33
10,214
38,590
10,549
9,921
46,233
3,938
7,945
23,709
23,154
50,453
34,853
43,795
33,119
1.879.
'
58,435
14,362
17,784
52,085
39,915
27,102
8,546
31.492
10,510
257,276
242 329
192,531
236,341
214,461
971,141
925.305
983.174 1139.46G
976,522
JUC’i mu £1
VUUUViJtUil
t XiU V Illy V.W'*9
Wilmington includes Morehead City, Ac.; Norfolk includes West Point,Ac.
The exports for the week ending this evening reach a
of 117,515 bales, of which 67,953 were to Great
to France and 48,313 to the rest of the Continent, while the
total
Britain, 1,250
stocks
as
Below
this evening are now 453,141 bales.
made up
Sat.
7%
Str.L’w Mid
9Lhe
‘
00 CO •H O
9
9%
95a
93s
938
95ft
Midd'g Fair. 10%
1 138
Fair
113«
10%
10%
113Q
1038
10 34
Sept. 1, 1884, to Oct. 17, 1884.
Exported to —
From
Exported to—
JExports
Great
from—
BriVn.
France
10,123
15,43)
Galveston
New Orleans..
Mobile
Total
Great
nent.
Week.
Britain.
10,123
19,611
10,176
......
9,085 24,521
......
......
......
Conti¬
Conti¬
•
.
.
.
•
.
......
......
Savannah
......
......
14,840
14,840
28,402
13,514
1S,022
29,950
2,115
2,115
17,599
22,019
93,089
8,696
Wilmington...
17,599
10,229
Norfolk-)New York
Boston
Baltimore...
.
Phiimiolp'a.&e
Total
Total 1833....
*
4,508
2,115
4,300
2,003
1,033
67,952
45,682
Includes exports
•i Includes exports
.
......
1,250
7,551
......
*
3,023
6,247
4.306
5,026
1,633
4,700
14,740
Total.
24,401
71,103
••••••
......
19,330
nent.
••••••
••••••
20,390
13,514
.
2,839
....
17,691
11,708
Middling...
91518
10
9%
b15if,
20.702
48,313 117,515
38,883'105, M7
from Port Royal, &c.
from West Point. &c.
233,492
102,023
9,080
1038
10*8
10U1G
10he
2,115
22,019
8,794
7,570
23,272
11,917
82,504
2,210
120,257
|
j
Frl.
7i5]t 715,0
-83s
8*8
.
103ft
Sat.
lb.
Good Ordinary
Stiict Good Ordinary
...
Middling
Middling...
7<6i6
83g
83ft
93ia
Ohe
99,0
913,0
99,6
913,0
10
10
10
103,0
103,0
.1038
103ft
I03e
|Tues
Wed
Th.
Frl.
75io
7516
7510
8
8
8
813le
9?i«
8*3,6
97,0
813,6
97,0
1030
M011
738
73a
| 73s
She
w*
878
9%
8-8
9%
{ B%6
! 8*8
16
9%
i
MARKET AND SALES.
The total sales
and future deliveries each
day during the
week are indicated in the following statement. For the con¬
venience of the reader we also add a column which shows at a
glance how the
market closed on same days.
sroT market
CT.OSEI).
Sat.. Dull
Weak
Mon
Tues. Weak
Wed
Quiet
Tliurs Quiet
Dull
Fri.
Ex¬
TRANSIT.
Con- Spec- Tran¬
sit.
samp ul't'n
■
port.
.
Total.
Total.
I 148'
i
756
,!
472
■
611
659
.
at %r. dec..
•
«
•
...
...
371,818
301,784
Frl.
103,0
110
10
Tl».
103,6 109,0 109I6 109m 1O910 109,0
10ltie 1015,* 1015,ft 10151k 1015,0 10l%6 1015,0
115,0 119,« li9r« IP’10 119,« Hhfl 119,6
STAINED.
43,464
98
8
115ft
Wed
1O310 103,0
916ie l(,3ie
10%
11;>1K
9l%0
99ic
.
1,250
11
1158
9310
9:%c
93,6
9%0
99', a 9«i«
9‘;%g! 9L%fl: yt%s
9%
1058
11%
9%0
She
107ig
105s
i 115ft
83ft
9%
10%
107,0
11
Th.
99i0
101,0
10%
11
83ft
ifi
95g
97e
m
S A LI S or SPOT AND
116,881
209
11
11 5g
713ie
9°18
48,792
20,953
••••••
11
11 5ft
10%,> 'io'%6 10%fi
103s !l05g 40 r,8
8*8
......
Florida
Charleston "...
France
10%
7 D ig
9° 16
11»16
110%
1O%0
10%
97s
1O%0
8*8
815]G
Midd’g Fair lOHifi
9 "a
8
“1116
9° ta
G’d Mid 10:Tg
10%
IO-10
I05g
Wed
Fri.
Til.
Strict Oril..
Good Ord..
Str. G’d Ord
Low Midd’g
Str.L’w Mid
Good Mid.. 10%
101,6
913,* 10110
10-he
8^8
! 9-8
{101,6
9%
93a
97ft
9
10hfl
7Die
9%
95ft
9%
i 95g
9%
95g
1 87i6
10
i>
&7ig
i 9%
87ir,
91316
Wed
87ie
8
B710
9%
95ft
9-8
9
8
8
8%ft
8
Bhs
!0
Fair...
Moil Tne*
8
7%
8:{|6
9%
.
j
7%
Middling... 10
lOhs
Good M id
Str. G’d Mid 10%
Str.
Sat.
lion Tncs
Sal.
Mon Tues
1
p 11)
Strict»ml..
Good Old..
Str. GMOnl
Low Mild’g
Ordin’y
TEXAS.
NEW ORLEANS.
UPLANDS.
Oct. 11 to
Oct. 17.
Low
Week Ending Oct. 17.
the day wrere
followed, the highest figures of
and as compared with last Friday the close was
19(521 points. Cotton on the spot has been with¬
out business, except in a limited v’ay for home consumption.
Quotations were on Wednesday reduced 1-16c. To-day the
market was quiet and unchanged on the basis of 9 15-16c.. for
middling uplands.
The total sales for forward delivery for the v’eek are 503,400
bales. For immediate delivery the total sales foot up this week
2,896 bales, including — for export, 2,891 for consumption,
5 for speculation and
in transit. Of the above, 135 bales
The following are the official quotations for
were to arrive.
each day of the past week
not sustained,
at a decline of
453,141 652.849
33,665
AMVMUiliUUi |
A. v«. v IV/M
V
5
oo.
leading ports for six-seasons.
1883.
23,716
61,562
12,196
44,453
V
113
20.366
settled feeling
Ordin’v
comparison may be made
1884.
Galvest’n.Ac.
New Orleans.
,
83,030
28,263
971,141)
873,218 257,276
give below the totals at
Since Sept. 1.
......
08,164
846j
3,079
Tot. this w’k.
94,637
......
.
Norfolk
Receipts at—
84,675
23]
235
Total
16,060
-1,475'
798
43,795
Royal, Ac.
Pt.
6,902
—
...
;
245
2,891
_
_
.
l.
..
m
m
5
....
....
....
....
....
....
5
....
The dailv deliveries given above are actually
previous to that on which the y are reported.
FUTURES.
Sales.
148 57,600
75G 81 000
477 70.600
611 1 03.600
6‘.9 113.500
245 77,400
2,®96 503,400
Deliv¬
eries.
i'oo
_____
....
....
....
100
delivered the day
October 18,
The Sales
THE CHRONICLE.
1884.]
Prices
Futures
shown
by the follow¬
ing comprehensive table. In the statement will be found the
daily market, the prices of sales for each month each day, and
the closing bids, in addition to the daily and total sale3.
of
V
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84,000
244,000
172,150
99,528
8,200
222,000
66,000
166,500
76,000
41,000
299,000
76,700
108,600
105,000
119,600
133,000
18,000
33,000
16,000
229,000
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266,000
574,320
196,095
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127,000
43,400
151,310
99,000
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209,000
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165,472
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s
F
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o
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2
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i s»
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^
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x x
F M
j
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574,320
196,095
99,528
8,200
o
® J5 ®
9
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k
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2
1 0)
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c
^
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—.
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I ®
99
r/7
X
4
to
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era
Q
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16,000
472,150
**3
c
F
CCo©
©©©Oi
©
99,000
266,000
15,000
244,000
imports into Continental ports this week have been
ra
CD
99© °
©
©.
367,740
133,000
At the Interior Towns the movement—that is the receipts
for the week and since Sept. 1, the shipments for the week, and
the stocks to-night, and the same items for the corresponding
P
9 9 ©9
6
CD
^
tO ©
99
I
729,300
compared with 1881.
*3
b:
,—
783,600
105,000
209,000
33,000
632,849
165,472
16,0JO
The above figures indicate a decrease in the cotton in sight
to-night of 204,772 bales as compared with the same date of
ye of 37,971 bales as compared wi
1883, an increase
with the corresponding date of 18S2 and a decrease of 2Hj,9(>6 bales as
O
11-*
—
J-*
1 S f;
r— 4-
®
*”*
863,500
76,000
233,000
ls.000
453,141
77,008
22,000 bales.
©
◄
®
9 9
282,340
.1,740,149 1,944.921 1,702,178 2,036.055
5
5Ljd.
6:*8d.
O^pjd
bj
1-"—
1
©to
to
s
203,600
548,500
516,690
614,300
435,740
.1,191,649 1,428,321 1,057,373 1,609,315
§
^
©©o®
ij- o«
x ©
236,600
period of 18S3—is set out in detail in the following statement.
(-*»- CO
»—^
to:
© F
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99
©
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*••*
r-
99
99©9 ©96® 9 9® 9
6 o*« © O' >f— O' ® h-» O' 6» © o:t
_c *-*__©_ *J —_QD_ _© x
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310,500
.
<
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s
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41
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99
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s
to
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5,600
233,000
453,141
.
to
cow
F
O'
2.300
..1,191,649 1,428,321 1,057,878 1,600,315
London stock.
Continental stocks
India afloat for Europe.
k
©o©
©00® OO
r-*
CD
4J
©
—
1,000
118,000
2,100
27,000
4.500
19,500
<rt
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»->»—*
—1
to
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)^0'
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w
99
1
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H
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M »-*
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r— t—
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f;
i
17,500
2,310
10.000
77,008
9O0O
to to
13,000
40,100
8,000
10,000
265.000
..
East Indian, Brasil, Ac.—
I ®w:
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©
CO w
© O'
©
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c ©
<T
CO CO
tcto
co6©
»i-
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9®9
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99
CD.
^
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to to
Ur—
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99
^
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4-
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© ©
HhOm
o®
2
t>
<
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r->
F ©
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©
99
©.©
565,100
7,000
38,000
141,000
&
M©0
to
<
r—
525,700
3.500
29,300
6,900
1.3u0
9,000
33
P©9
i
!
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i q f:
f"F©f
© © © ©
hmo7
547,000
2,500
34,800
27,000
1,500
5,800
102,000
139,000
4.300
45,200
13,000
19,500
..
®
FF
1 ax;
American—
Liverpool stock
io^
I©©:
99
FFxF
o o o o
F
Cr
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6706
to to
i
*■*
66
o
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1 q ©:
Cb
©
I0H
-r f
OO
2
co©
o®
mC
r—•—
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514,000
43,400
Total visible supply
1,740,119 1,914,921 1,702,178 2, 036,055
Of the above, the totals of American and ether descriptions are as follows:
©©
! Qip:
®f:
F
6©°©
I-4 I-*
l
^3
XX
1 qoo:
CO
2
4- —
©d®6
°©
©
W
©
coco
Oi Qi
o
©6
to
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t~*
2
FXF
©o®
»— —
©
66
d®
to F
C.g
©
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©©o©
to to® to
c to
ft*
o©
F
o'-5©
F F
<
1
©o©
©
—j to
W
i
1
©
©
©®
-3 (Oh*
©®
© F
© ©
1 ©oc
©
CO
F
6®©
tO -4
© ©
..
m©
CD CO
©DO®
w©
Q)
Oi
FMfrF
Ov
Si ©I
® CD
r— 4*
.*
’-‘F4
©
....
United States stock.
2
■© ®
XX
©
European stocks
©
o
6©®©
1881.
440,000
76,700
10,600
CH
9
®©®
x-j^a
1 q»m:
CO
1
®
© ®
a
®
1,800
106,000
6,000
34,000
Stock in U. S. interior towns..
United States exports to-day..
CO
tF —1
9
© ©
to
-j
© ©
X
800
Egypt,Brazil,Ac.,a tit for ET’po
Stock in United Stales ports
o>
tF
CC
©©o®
©®
CO
©
o ©
F
%
©
Total
-t
CO
©c®
I1 6®x
553,000
4,500
41,400
37,000
.
India cotton alloat for Europe.
Amer’ncott’n afloat for Eur’po
ci
**
0) Q) ©:
.
CD
© ©
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—
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i
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to
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1882
50(j,000
41,000
60,000
Total Continental stocks
o
:
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s
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6 CD ® ©
w
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1883.
487,000
(F
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00
X
o
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x
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XX © X
to —1
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XX © X
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ot
0*0
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0,0
7,
XX
S.s
82?
CD
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or 6® x
XX
S: r
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<*j
a
3
CD
7*
bales.
Total Great Britain stock
Stock at Hamburg
Stock at Bremen
Stock at Amsterdam
Stock at Rotterdam
Stock at Antwerp
Stock at Havre
Stock at Marseilles
Stock at Barcelona
8tock at Genoa
Stock at Trieste
"a*
EF
**
© ©
FWf^
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•
Ss5
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XX® X
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SO
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.
1884.
Stock at Liverpool
Stock at London
©
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Thursday evening. But to make the totals the complete
figures for to-night (Oct. 17), we add the item of exports from
the United States, including in it the exports of
Friday only.
—v
©©
OT
©
oo
•
9^000
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^Oo-I
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a*n ccg*
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2.
The Visible Supply of Cotton to-niglit, as made
up by cable
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat, are this week’3
returns,
and consequently all the European
figures are brought down
CD
c^ooi3 99. K
s* 2s.®
o’d&g,
35
<
are
1
and
139
h-»
F tO F
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r— h4
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x
t 0 Oi F © -1 O' to
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F
CD’IuIf'd*© 4-1-CX
I
©©lOr^C’iCilo
c-j©ieto^
©
m © ©
©
© © c © «e >e-tc © to ©4
to CC © C K* © X O' r* -1.
7- c
+•*
©.
7-
►** to
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CO
I-*
H*
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C i>: to *-*
© •© oo zr *t* to tc <-» ©
c ©
j0
71 b»*x'o3 7-
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x
00
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©
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r%
liMop'Oij;^
C'XV
jo
D' O' w« ->< c. -j © •—
© te © © te te x
— v-*
ci x © r s /f* 4- 4-j t e -j © O' te © <©. ©. © ©
-1
-1
X
I
^
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r~ <»
(Bit-o'.cjHW
7* •
7- c 7- ©. 7i—* o* te © d* >— ©
-j c
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C. © O' X © O' © ©
to
jf*-
cf
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O'O'tO © ©© wb'io 00 O' © to i—■ 00 C 0 *© tO O'
OO f*4 0" oo © x -t O' © © o' © X © oj o- re ©
I-4 - 110 «0 0- if* X © X
© © © C-1 OO 4- © © oo
frst
2
cy
«>
©
3
*
Includes sales in September, 1881, for September, 158,200.
Monday,
9 9Cc.;
Tuesday,
*41 pd. to
T3 pd. to
•50 pd. to
02 pd. to
excli. 500
excli. 200
exch. 500
exch. 100
Jan. for April,
Jan. for Feb.
j *27 pd. to exeh. 5C0 Feb. for April.
I ‘01 pd. to excli. 300 Nov. for Dec.
Dec. ior April, j
Oct. for Nov.
|
*51 pd. to excli. 500 Dec. for April.
09 pd. to exch. 100 Dec. for Jan.
tO © i-4 —1 O"-1 i-4
• *—»
0" tO ic- 10 to *(-*
4— 4-* © JC *—4 OO O' © X 4^ tO OO © 4* © fF O' j—-
lo co'x'o-ibib'
7-*
CcOjV.© ©bo
X*—© to to 00-1
©
O'
'
I r- —1 CO
7-S
O'-lie 7-X
© X
OOOC ©O'O'lo
© OJ'O' © © (F X to F 00 Mf/it-OtH © o
WO ©4-©<0r-0'O<t-l©©X©©©©©4—
oo
to
day following the abbreviation “ Aver.” The
average for each month for the week is also given at bottom of table.
9 05c.:
©
© ©' to ©
toi
x to oo
tL. 1
will be found under each
Transferable Orders—Saturday,
*-
tO Jj W
We liave included in the above table, and shall continue each
week to give, the average price of futures each day for each month.
It
b’95e.; Wednesday, 9 S5c.; Thursday, 9-80c.; Friday, 9'SOc.
The following exchanges have been made during the week:
O" r-4
© o' © co h* © c;
©JO—*
4-F
7-
F
©WX X O' rF O' - 3
to © 00 © OO 10 10 10 C, t © ;
0 0 4-* a
© © to X
©C-li^H-l tO
-t
CO 0)< 0"b'to © © F © OO '
CJ' tO C F OO O •*- 0)' — \ i-O I
© © o: x
to
i-*r-'©©—I©CCFI-‘F-
© -1 © tOX © 4-* -1
© F 4* O' ** F
©
O C © OC 4-1 O' to IO
oo © to ©
O © © to — X to
r—
tt*
5
©©©.©to©
*© © 00 ©
to O' CO X © © © to X to
© © X O' I-4 4- t>. © O' © © X © © © ©
OO 4- to © X O' -1 X ©. O' ©. © r- O' © O F W O'
c©lo©x©7-
■—
,
1
^
^.
-
’
©
to
©
SIS
©
*
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oo
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tO
I
X
to O'
—
O"-4
4-*
00
r-*
-
—4 H-4
1W>)DC
$
O
Thia year’s figures estimated.
The above totals show that the old interior stocks have
increased during the week 21,037 bales, and are to-night 88,464
440
[Vol. XXXIX.
CHRONICLE.
THE
Huntsville, Texas.—No rain all the week. Picking is pro¬
period last year. The receipts at gressing finely. Average thermometer 71, highest 88, lowest 49,
10,754 bales less than the same week
Luling, Texas.—We have had no rain -during the week*.
September 1 the receipts at all the towns
Picking progress s very satisfactorily. The thermometer has
less than for the same time in 1883.
bales less than at the same
the same towns have been
last year, and since
are
182,904 bales
QUOTATIONS FOR
CLOSING
Week ending
October 17.
MIDDLING COTTON ON—
W$dne8.
Fri.
Thurs.
Scitur.
Mon.
TUC8.
9 58
95s
99,6
90*18
958
9 3*
93*
93*
9ni6
91116
and
9\j
99,6
94
94b
fl 38
9*>16
69, highest
9^2
99*6
t,716
9»16
91-3
9^2
938
9«8
97!6
97i«
97,6
93b
Galveston....
New Orleans.
Mobile
Savannah....
is
Charleston...
9 Lj
<)
Wilmington..
Norfolk
99jK
99,b
99i6
9*6
104
1038
103s
1' 38
9*8
94
94
progressed very well. Average thermometer
88 and lowest 43.
Dal as, Texas.1—No rain all the week. Crop accounts are
The
more favorable, and picking makes excellent progress.
thermometer has averaged 72, the highest baing 95 and the
•
94
1< 4
9i 4b
1* 38
94
94
58
104
976
9
958
10 *4
97R
1038
im4
Boston
Baltimore.
averaged 73, the
closing quotation4 of middling
principal cotton markets for each
week.
day of the past
highest being 88 and the lowest 57.
Brenham, Texas.—It has rained on one day of the week,
the rainfall reaching twenty-five hundredths of an inch. Good
headway is being made with picking. The thermometer has
averaged 75, ranging from 62 to 86.
Belton, Texas.—We have had no rain duringthe week. The
thermometer has ranged from 51 to 89, averaging 73.
Weatherford, Texas.—There has been no rain this week,
Other Markets.—
Middling Cotton at
Quotations for
In the table below we give the
cotton at Southern and other
le4
picking lias
lowest 48.
.
rain during the week.
picking.
The thermometer
94
Augusta
94
94
has averaged 73, ranging from 55 to 85.
Lj
Memphis....
94
9yift
99,6
958
9
Hew Orleans, Louisiana.—We have had no rain during
95h
6t. Louis
^8
95s
93*
934
3*
4
r,8
Cincinnati...
the week.
The thermometer has averaged 77.
94^4
5g
4S
<JL>
5g iv 3*
*4*
Louisville....
Shreveport, Louisiana.—We have had no rain during the
week. The thermometer has ranged from 54 to 86, aver¬
Receipts from the Plantations.—The following table is
aging 67.
prepared for the purpose of indicating the actual movement each
bur a, Mississivpi.—It has rained on one day of the
w-eek from the plantations.
Receipts at the outports are some¬ week, the rainfall reaching three hundredths of an inch ; other¬
times misleading, as they are made up more largely one year
the weather has been cool and dry.
The river is steadily
than another at the expense of the interior stocks.
We reach, wise
ising. The thermometer has ranged from 51 to 87.
therefore, a safer conclusion through a comparative statement
Cohimtms, Mississippi.—We have had no rain all the week.
like the following.
In reply to frequent inquiries we will add The thermometer has averaged 72, ranging from 48 to 90.
that these iigures, of course, do not include overland receipts or
Intue Uo< k, A rkansas.— We have had a week of clear,
Southern consumption; they are simply a statement of the
pleasant weather and cotton is coming in freely. Average:
weekly movement from the plantations of that part of the crop thermometer 6i, highest 80, lowest 51.
which finally reaches the market through the outports.
Fort Smith, Arkansas.—We have had no rain since last
FROM PLANTATIONS.
report (three weeks), but heavy dews have prevailed. Gotton
is coming in freely ; our staple is tine—the best for a nuniber
llec'pts
from
lJ
at Interior
at :tic
of years.
Helena, Arkansas.—The weather has been cold and dry all
ending—
j
18.-3.
i
the
week. The weather is splendid, and picking progresses
1,4
"0
3,321
57,886
4.28.3
well.
The thermometer has averaged 66, the highest being
2«
1,438
20.433
53.206
21.098
2,-;fl3
;l
97a
..
103a
Philadelphia.
913*6
9>3l6
9 43
9
9 n,
*'8
9
5'
9
,
Columbia, Texas.—We have had no
Good progress is being made in
9
9
9
'/
a
if
nks
RECEIPTS
18H2.
JS84
18-3.
1 rtf-2.
1-1-3.
1
Ik
M
9,h75
1.(9-
22,754
87.728
4 657
16.859
22
13.332
1, m.i
•
29
21.0 2
i2 ,r..
4 911
15.526
33 30S
1*1,837
16.519
53,576
16 861
42.624
.9,115
5*. 9-9
20,427
10,141
2 >.231
29.681
52.10-
69,76,
46,187
‘.‘-il* SO 737
123.0 V> 118,4flH
29,985
75,17*
24.317
88.093 113.009
84,627
...
•
8.•I*-."'
512
■hi
19
77 223
26
3
10
“
881
16,599
50,526
50. 0 *
12
44
9.115
16,535
14,327
II
il
12: lfl
1,798
fl.S--.ft
»•
Oct.
8-9
5.*
8.3 6
15
5
Sept.
>
9 7- fl
4.6
8
14
24.44
7 0*14
'5
•i
....
1884
1882
22 307
"
A«".
tint
Towns.
SVk
iJorrs.
Receipt*
Week
17
l3-\47>
...
’•
2,89-
0,
*>4 3*8
2,8fl
9
....
76.662 137.538
...
164.915
2' fl 1 fl 2i-.‘9? 2->5,3! 3 95,675
2‘ 2.1 '7*.
1 5 * 3
221- 2 fl 2
2
155.H31 1.(0,3' 1
49,49; 210.129 .9-.219 *82,063
68,108 2i4 949 276,276 22,924
9 >.654 271,693 295.: 31 2 *6 835
has ranged i‘r« m 43 to 82, averaging 66.
Alabama.—Telegram not ie*eived.
Montgomery, Alabama.—The d *\s have been warm but
the nights have been cold, with no ram.
T.u re has he n no
appreciable rain in three months, and stiff ring consequently
cont inues.
Picking-and marketing progresses very won. Tue
thermometer has averaged 57, the higuesi being 88 and the
The thermometer
Mntjile,
lowest 48.
table below
give the receipts from plantations in another form, and add
to them the net overland movement to Oct. 1, and also the
takings by Southern spinners to the same date, so as to give
substantially the amount of cotton now in sight.
Oct. 17.—In the
we
188 1.
•
Receipts at the ports r<» 0> t.
Interior stocks on Oct. 17
excess
of September 1
17
in
consuiupr,*11 m Oct. 1
Total in sight
takings to
seen bv tin*
tn-niirlit, as co npaivu w
It will
!>
•
compared with 188- is
4
971.141
925,30
9*8 1
75,130
153,SI 4
108,554
183.380
158,8 8;.
274.7-2
bales, and with 1881
1,174.19*
172,7* 7
1,222 180
215,591
in amount in
bight
the do.-.'ease as
258,3 2 1 a.es.
lies,
Telegraph.—The weather in general
has been all that could be desired for picking purpo es dui ;ng
the week.
Toe temperature has been lower than during pre¬
vious weeks and at a few points light frosts are reported, but
Weather Repor ts by
no
actual harm done.
have had one shower during the
week, the rainfall reaching twenty-eight hundredths of an
inch. The thermometer has averaged 76, the highest being 85
and the lowest 63.
•
India,iota, > exa .—There has been no rain during the
Galveston, Texas. —We
picking progresses well. The thermometer has
averaged 77, ranging from 63 to 84.
Palestine, Texas.—We have had no rain all the week.
week and
Good progress is being
lias raiged iicm 49 to
M‘ dis-tn, toomaa.—Telegram
Macon. Georgia.—We have
made with picking. The
85, averaging 69,
thermometer
not re
eived.
had ooe !i Jit. snower during the
thermometer lias averaged *0, the highest being
The
week.
90 and the lowest
40.
Georgia.—There has been no rain all the week.
We had fro t mi JLLUfsd iy mglu.
The thermometer has aver¬
aged 70, ranging from d4 to 85.
a
j.ah, ctrorgia.—It has rained on three days, and the
remainder of the week has been pleasant.
The rainfall
reached two inches and four hundredths.
Nights have been
cool.
The thermometer lias ranged from 46 to 82, averaging
Columbus,
"i.
that tlu decrease
above
■d year, is 1- >.l 2 b
til la.
85,.2i
1881/
873,218
080,078 1,174 190 !
October 17
North* rn spinners’
October 17
is being marketed freely. The ther¬
47 to 83.
Auburn,
been warm, but the
nights have been cool during the week, with no rain. The
thermometer lias ranged from 48 t*> 86, averaging 69.
averaged 7.0, ranging from
Alabam .—The days have
mometer has
948.(587 1,121 9 75 1,03 ',859 i,17i.53 4
3 -.-9(5
17,0-.
.; 0 23 >
12.301
7.0.0*"
28,00*
30.0m*
28.000
Tot. receipts from plantat’ns
Net overland to October 1
Southern
1882.
have been warm but the nights
rain. Picking is making excel¬
Selma. Alabama.—The days
cold during the week, with no
lent progress, and cotton
271,693 bales.
1883.
day of the
inappreciable. We have had spendid
weather all tli^ week for gathering the staple; picking and
marketing are consequently progressing finely.
The ther¬
mometer has average*! 65 5. ranging from 52 to 79'5.
Hash mile, 'J enntsse-.—We have * ad i.o rain all the week.
total receipts from
September 1, 1884, were 948,08 7 bales;
1.03 1,859 Uth s.
2.—That, although the receipts at the outports the past week
were 242,289 bales, the actual movement from plantations was
266,835 bales, the balance going to increase the stocks at
the interior towns.
Last year the receipts' from the plantations
for the same week were 295,331 bales and for 1882 they were
Gotton in Sight
Tennessee.—It has rained on one
rainfall being
week, the
The above statement shows—1. That the
the plantations since
in 1883 were 1,124,955 bales; in 1882 w.ere
Amount of
lowest 54.
Memphis,
36.’55 153,11-
4«,fl2V 105.7 7-
178,8-3 ,65.461 168,721
....
16 342
80 and the
-
69.
Augusta, Georgia.— It has rained lightly on
of the week has necn pf as int.
one day,
anil
The rainfall
reached seventy-one hundredths of an inch. At the close of
the week there has been a decided change, tlie weather be¬
coming cooler with a light frost on tin*, morning, of the six¬
teenth -first of the season. Average thermometer 09, highest
85 and lowest 43.
At auta, Georgia.—Telegram not leceived.
Ch •rmsloi,, Sonin Caronn /- It has rained on three days of
the week, the rainfall reaching twenty-three hundredths of an
inch.
Average thermometer 67, highest 82 and lowest 51.
(J *lui..tna, South C roltno.—We have had no rain all the
week, and picking progresses finely. There has been a frost,
but not
killing frost. The thermometer lias ranged from 45
to 87, averaging 08.
Statebnrg, South Carolina.—The weather was warm and
dry during the early part of the week, but during the latter
portion it lias been cold and dry, with a light frost. The ther¬
mometer has averaged 65, the highest being 80 and the
lowest 40.
Wtlson, North Carolina.—The weather has been cold and
dry ali the week, with a frost, hut not killing. About twothirds of the crop has been picked and is being marketed
freely. Average thermometer 05, highest 82 and lowest 38,
tiie remainder
a
=
441
THE CHRONICLE.
18, 1884.J
October
Memphis
Nashville
'Shreveport
Vicksburg
Inch.
Feet.
10
11
O
0
18
Below hteh-water mark
Above low-water mark.
....Above low-water mark.
Above low-water mark.
Above low-water mark.
New Orleans
'
7
11
1
Inch
6
Feet.
13
5
3
2
2
0
4
10
11
10
11
reported below high-water mark of 1871 until
Sept. 9, 1874, when the zero of gauge was changed to highwater mark of April 15 and 16, 1874, which is 6-lOths of a foot
above 1871, or 10 feet above low-water mark at that point.
New Orleans
India
Cotton
re-arranged
our
Movement
from
India service
detailed and at the
so as
time
same
Ports.
all
..
We have
—
to make our reports more
We had found
accurate.
more
impossible to keep out of our figures, as cabled to us for the
ports other than Bombay, cargoes which proved only to be
shipments from one India port to another. The plan now
followed relieves us from the danger of this inaccuracy and
keeps the totals correct. We first give the Bombay statement
for the week and year, bringing the figures down to Oct. 16.
it
ANI) SHIPMENTS FOR FOUR TEARS.
BOM. a A V RECEIPTS
Shipment* since Jan. 1.
Shipments this weekYear
Great | Oonlii C'ontiBrifnJ Kent. Total. Britainl vent.
Great
1884
1883
2,000,
1882
1881
2.0001
5.0001
1,000
4.O00;
Receipts.
This
Week.
Total.
Since
Jan. 1
3.000 500,000 631,000 1,131,000 6,000 1,561.000
CO
1 ,OOb 1152,000 803,000 1.255,000 11.000 1.581
2.000 759,000 606,000 1.367,000 6,000 1,(538.' 00
5,000! 314,0001518,000 862,000 lO.OOo 1,186,000
According to the foregoing, Bombay appears to show a
compared with last year in the week’s receipts of
5,000 bales, and a decrease in shipments of 1,000 bales, and
the shipments since January 1 show a decrease of 121,000 bales.
The movement at Calcutta, Madras and other India ports for
decrease
the last reporte
l week and since the 1st of January, for two
has been as follows.
“Other ports” cover Ceylon,
Tuticorin, Kurrachee and Coconada.
years,
Shipments since January 1.
Shipments for the week.
Conti¬
nent.
Great
Britain.
'
Great
Britain.
Total.
Continent.
Total.
Calcutta—
1884
1883
Madras—
1884
1883
All others—
1884
1883
82,500
86,200
42,700
10,800
3,500
49,000
21,0 JO
1,000
•
.
•
.
-
-
,
hOO
800
3,000
3,500
3.000
97.000
49.006
3,0r 0
490
7,000
55,900
26.000
300
700
36,000
9,000
7.000
3,000
10,000
187,400
68.700
•1,600
400
5,000
143.200
20,800
4,000
125,200
22,000
81.900
45,001
Total all1884
1883
256,100
164,000
The above totals for the week show that the movement from
the ports other than Bombay is 5,000 bales more than same
week last year.
For the whole of India, therefore, the total
shipments since January 1, 1884, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FROM ALL INDIA.
1883.
1884.
Shipments
to all Europe
Jan. 1.
All other port 8.
13.00 1
This last statement
.affords
9.000
282,700
3,100
164,000
J
Since
Jan. 1.
2,000 1,367,000
1,255,000
5,000;
1387.10*1
This
week.
Since
Jan. 1.
4.000
3,000 1 131.000
256,100
10,000
Bombay
Total
This
week.
Since
Th is
week.
from—
1882.
ft. 100! 1,649 700
.419,000
interesting comparison of
India ports.
Alexandria Receipts and Shipments.—Through arrange¬
ments we have made with Messrs. Davies, Benachi & Co., of
Liverpool and Alexandria, we now receive a weekly cable oi
the movements of cotton at Alexandria, Egypt.
The following
are the receipts and shipments for the past week and for the
corresponding week of the previous two years.
a very
the total movement for the three years at all
I
Alexandria, Egypt,
October 15.
1883.
1884.
.
j
1882
100.000
i
103,000
1
This
Since
week.
Sept. 1.
Exports (bales)—
lu Liverpool
To Continent
Total
*
Europe
7 coo
13,000
,000
3,0.0|
8,005
16,000-
!
2.700
6.700
80,009
132,000
This
week.
6,009
1,000
Since
Sept. 1.
This
week.
13,000
2,500
4,100, | -----
7,000! 17.0001 1
2,500
Since
Sept. 1
2,500
2,500
A cantar is 08 lbs.
This statement shows that the
Oct. 15 were 100,000 cantars and
receipts for the week ending
the shipments to all Europe
8,000 bales.
d.
«.
8.
Tipi is
(1
d
Augl5j89u?0 9't 5 8L>07 1 h C3lfl
22 8*2 »9lift!5 7 8j®7 042
6118
••
29*8'5
7hG7
Oh
6*8
Sept. P 89,OV5
12 89,.® 9135
19 8ba * 9
15
8h%7
8h 07
7 07
7 07
1 Li
lh
6*18
“
••
“
“
26
Oct. 3
“
“
9
;5
O
0
5^3£0 10kj
lo'a5„* 87g!5. 5^36 1(02
17 814'3
3 5*206 10*2
85,B0 87a 5
6^8
6
32*
d.
Shirtings.
d.
8*4 0 9
84 3 9
8*16® 87e
87fl
8*4 0 S78
8*4 0 s7g
51516 8»i«»8i3lr
5%
8A4 lbs.
Cop.
Iwisi.
8-h ft
9
511,6 k'Y$0 9
oh
8'kj® 9
New York Cotton Exchange.—Fora
8.
5
0
5
5
5
5
5
5
5
5
d.
6
6
6
6
6
6
6
6
6
6
8.
07
ft 7
■3*7
■07
07
07
07
07
07
07
Cot In
Mid.
Tip di
d.
0
0
0
51*18
O
0
0
0
51118
5>3i6
5*3i8
ih
lhj
1 h
d.
55a
55g
ft*
578
Oh*
5*518
length of time it has
complaint that losses are frequently incurred
by re-classification of cotton delivered 011 contracts, and some
large speculators have ceased, on that account, to operate on
the Exchange.
The desire has been often expressed that cer¬
tificates regarding the grades should he issued, to pass from
hand to hand.
However, such a measure has hitherto met
with opposition, because it was thought impracticable.
A
been
a
matter of
committee appointed by the Board of Managers has now
devised a plan which it is hoped will meet all objections.
It
lias been laid before the members, and is to-be discussed at a
meeting of the members 011 Monday, the 20th of this month.
The plan proposes that an inspector be appointed, who shall
be a member of the Exchange, and Secretary of the Warehouse
and Delivery Committee.
Subject to the approval of the
Board, he shall appoint one or more assistant inspectors.
It is further proposed to appoint a committee for the classi¬
fication of cotton, not exceeding five in number, members of
the
Exchange and recognized experts in the classification of
cotton, three of whom shall constitute a quorum.
It shall be the duty of the inspector carefully to inspect,
sample in duplicate or triplicate, if desired, to class and to
class-mark the same, placing each set of samples according to
grade in separate papers, on which shall be placed the marks
corresponding to those upon the bales : they are also to care¬
fully weigh according to class marks, and deliver all sets of
samples with the weigh master’s return to t lie classification
committee, and a duplicate and triplicate of the weighmaster’s
return to the owner of the cotton.
When the classification
committee shall have returned to the inspector the samples,
with a certificate of the grade of each paper, he shall instruct
the warehouseman to issue his receipt with the original marks,
class marks, grade, weight and number of bales of each grade.
It shall be the duty of the classification committee to com¬
pare the set of samples, and if alike to select one set for classi¬
fication.
They shall class each mark as so many bales of a
specified grade. After having classed all the marks, they shall
return all sets of samples to the inspector, with their certificate
in duplicate of the grade of each mark.
Their decision as to
grade shall be final.
The warehouseman’s receipt, as described above, shall be a
good delivery in fulfillment of all contracts for delivery. Two
pounds per bale are to be allowed for loss in weight for Sep¬
tember and October, and for each succeeding month one-half
of a pound per bale.
The charge for inspecting, sampling,
classing and grading shall be 25c. per bale, to be paid by the
party by whom the inspection is ordered. The inspector shall
collect said charge, and 5c. per bale shall he paid by him for
sampling and inspecting, 10c. per bale for classing the same,
and 10c. per bale shall be returned to the Treasurer of the
Exchange. Each receiver or shipper of cotton on contract
shall, upon removing same from warehouse, pay to the
Exchange a fee of $5—per contract. The Cotton Exchange
shall be responsible for false packed cotton to the last receiver
or shipper, provided
it has been inspected by the inspector,
but all liability shall cease 90 days alter it has been shipped
from the port of New York.’ Settlement shall be made for
any variation from weight specified outlie face of the contract
not exceeding 1,000 pounds, at the value of spot cotton on the
day of delivery. Should the variation be more than 1,000
pounds, and not more than 3,000 pounds, then settlement shall
be made for the whole difference, if an excess, at >4c. below,
and if a deficiency, 'jc. above, the value of spot cotton on
delivery. No variation greater than 3,000 pounds shall be
allowed.
Agricultural
Department’s Report.—Below will be found
Agricultural Department’s report on cotton
for Oct. 1.
1
This week....
Since Sept. 1
d.
Shirtings.
the full text of the
1
■Receipts (cantars*)—
<1.
OotVn
Mid.
8H lbs.
32s Cop.
Twist.
Oct. 18, ’S3.
Oct. 16, '84.
lss3
1884.
following statement we have also received by telegrapn,
showing the height of the rivers at the points named at 3 o’clock
October 1(5, 1884, and October 18, 1883.
The
The October returns of cotton indicate a reduction of nearly eight
poinis in The average of condition, irom 82-5 to 74*7. as the result of
the continued drouth in arresting development and destroying the
vitality of the plants. The prospect of a top cr p is reduce l to a
mininum. The drought has been general and its « tfVct is manifest in
every
State.
condition in
of ten successive crops only two have averaged lower in
Oc. oher. These wee 1881 and 1884, when the. uveiages were 66 and
. 8 n
spectively. 'J he average, was 88 in the great erop year
The Sr ate. averages are as follows: Virginia, 81; Nm-th Carolina.
1-82.
74;
South Carolina. 80; Georgia. 79; Florida, 81; Alabama, 7 -; Mississippi,
76; Louisiana, 77; lexas, 62; Arkansas, 76; Te.miesf.ee. 85.
The returns of local estimates of the yield per acre, in fractions of
hah s indicate an average rate of y:eld of thirty-six hundredths of a bale
pi r acre
It will be noticed that
notwithstanding these very unfavora¬
ble figures of condition (so bad that “ cf ten successive crops
received from Manchester only two have averaged lower in condition in October ”) the
to-night states that the market s steady. We give the prices
for to-day below, and leave previous weeks’ prices for com¬ yield promised on October 1 a crop averaging *36 of a bale per
acre, or say 6,273,353 bales,
parison.
Manchester Market.—Our report
That
CHRONICLE,
THE
442
the reader may have
for comparison the condition,
Agricultural Department, for October 1 of
we give the following, collated from its
1583.
2....
345,445
23,530
22,560
313,812
33,553
23,863
23,430
21,985
35,295
27,124
Tot.
previous years,
Oct. 1....
States.
00
rH
No. Carolina.. 74
80
So. Carolina
79
Georgia
►’4
Florida
74
A laliama
Mississippi.... 76
77
Louisiana
32
Texas
76
Arkansas
85
Tennessee
..
....
....
cc
00
CO
rH
rH
o
CO
CO
n
00
CO
rH
rH
rH
CO
t~
n
t>
CO
iCO
CO
rH
rH
r
81
85
77
93
82 84 79
87
85 77
88 77
80 84 88
8v
91
79
88
85
80
85 83
75
80 83 77
70
88 65 103 04
85 96 90 98
87 106 102 100
69 85 69
67 89 63
66 86 73
82 82,82
67 88 75
67 82 68
82 75
68
65 100 60
96 50
71
84
75
Average... 74-7 38
88 68
S3
83-3
90
82
•
ci
o
»o
r-
r~
CO
CO
t'
X
rn
rH
85
7 7
71
70
94
90
90
88
103
90
84
80
87
80
70
83
82
91
86
91
82*7
88
-
i'
00
X
1
85 88
82 80
78
75
72
80
83
90
72 79
78
80:82
81,76
75
74
62
70
15
56
i
.
Slates.
•
.
v
..
Alabama.
Miss’ sippi
1 Louisiana
Texas
Arkansas.
Tennessee
....
95
97
96
99
93
87
72
77
85
92
87
93
90
99
93
83
74
8
86
89
o
&
*?
Florida...
#
V
.
•***»
N.Car’lina
8. Car’lina
i
.
87
91
SO
90
87
86
97
92
88
•
o
74
80
79
84
74
76
77
62
76
85
81
83
84
72
83
90
89
85.
79
87
92
i
!
O'
3
©
^
1
86*6
81
S9*6 1 85
86
882
94
93*4
87*2 i 87
83 6 | 86;
91
78*4
740 ! 89
83*4 ! 87
896 1 78
91
91
93
95
87
89
91
93
84
88
87|
78
SO
7S
93
83
85
85
87
70
70
93
76
75
77
67
83
90
80
84
69
67
66
82
67
89
08
65
71
75
81*2
78-6
78*6
91*4
80*0
80*4
82*4
80*2
81*0
84*0
74
es
80*4
67
1
Average.
87
S61
82*5 74*7 83*4
87
oo °
;
From the above it will
be
seen
90
i
that the averages for the five
and Texas, are above
months of last year. But for the
months, with the exception of Louisiana
similar averages for same
month of October, Texas is
the only State with a lower aver¬
the others being in general much above 18S3.
Georgia Agricultural Report for October 1.—The report
of the Commissioner of Agriculture on cotton October 1 was
issued on the 11th inst., and is as follows :
age now,
of North Georgia, in. comparison with an average
is reported at tC, Middle Georgia 155 and Southwest Georgia 06. East
Georgia 66, Southeast Georgia 78, and the average for the State 08.
There has been a remarkable deterioration in the condition of tlie crop,
caused bv rust and shedding since the last month’s report. The reports
from North and Middle Georgia fall below those of last month 18 points,
Southwest Georgia 10 points, East Georgia 10 points and Southeast
Georgia 4 points. Very little damage lias been done by worms. The
crop is very considerably below the average, bat will compare favorably
“The cotton crop
crop,
last year. The seasons have been unfavorable throughout
the growth of the crop in most parts of the State. The cold
spring, which caused a late start for the plant, was followed by exces¬
sive wet weather, and then by a general drought.
The conditions
with that of
the year for
developed rust to an unusual extent, and cau=ed the shedding of later
fruit. The state of the weather for gathering the crops up to the time the
been unusually favorable, and the condition
exceptionally good.”
Jute Butts, Bagging, &c.—The market for bagging has
reports were made has
and
3....
“
-4....
22,595
“
5....
“
6....
“
7....
“
8
...
“
9....
“
10...
S.
40,645
37,265
28,92;
24,321
51,559
quality of the lint
1852.
.
1880.
1879.
333,613
20,785
429,777
458,478
8.
19,012
35,186
30,981
25,177
8.
31,901
21,495
36.637
8.
27,147
39.051
35,016
25,784
25,535
33 555
a.
23,398
43,031
33,710
25,374
37,355
25,809
21,335
23,504
35,621
21,819
326,656
8.
1881.
25,140
32,469
36,417
21,231
49,519
8.
25,164
44,049
30,586
27,136
42,489
8.
33,937
37,697
8.
48,669
29,785
28,847
“
11....
29.984
35,015
29,132
21.839
“
12...
S.
59,457
32,664
“
13....
50.489
32.929
“
14....
36,503
8.
4S,454
33,315
“
15....
37.318
58.919
8.
26,9G9
26,244
33,805
26,144
“
16...
33,958
31,531
8.
“
17....
54,037
38,463
55,598
3L.685
33,776
39,856
44,637
43,315
8.
873,248
875,707
803,604
867,102
947,762
762,061
18*05
13 35
18-16
16 14
15-24
Total
....
S.
41,177
27,876
26,622
23,825
40,395
34,515
Percentage of total
port rec’pts Oet. 17
1883.
1884.
Sp.30
33,811
90
86
>8
75
82
78
72
85
75
90
Taking the above figures for October, and adding them to
those for the previous months, we have the following com¬
parison between this year and last year:
Georgia
“
“
in
'
1884.
according to the
reports:
(Vol. XXXIX.
This statement shows that the receipts since Sept. 1 up to
to-night are now 2,459 bales less than they were to the same
day of the month in 1883 and 69,644 bales more than they were
to the same day of the month in 1882.
We add to the table
the percentages of total port receipts which had been received
to October IT in each of the years named.
Shipping News.—The exports of cotton from the
States the past week, as per latest mail returns, have
United
reached
106,747 bales. So far as the Southern ports are concerned, these
the same exports reported by telegraph, and published in
the Chronicle last Friday.
With regard to New York we
include the manifests of all vessels cleared up to Thursday
are
night of this week.
Total baits.
New York—To Liverpool, per
Gallia, 1,457
steamers
Republic, 1,033
—
Britanuic, 1,833
To
To
Westphalia, l.loO
Rotterdam, per steamer Leerdam. 1,017
Antwerp, per steamers
Coninck, 1,750
8,105
2,124
1,250
200
Wisconsin, 1,555
To Hull, per steamer Rialto, 2,124
To Havre, per steamer Normandie, 1,250
To Bremen. per steamer General Welder, 200
To Hamburg, per steamers Polynesia, 1,100
Belgenluiul, 950
Silesia, 1,100
3,300
1,017
Pieter tie
2,700
484
To Copenhagen, per steamer Island, 481
To Genoa, per steamer Rurgundia, 150
New Orleans—To Liverpool, per steamers
150
Californian; 2,910
Lassalle, 4,320
Francesca,G,100
Legislator, 1,475
Puerto Riqueno, 4,490
22,G07
To Havre, per steamer Hunting,Ion, 0,247
0,247
To Bremen, per steamer Elginshire. 5,285
5,285
Charleston—To Liverpool, per steamers Cam Martli, 4,225
20,842
‘
....Wolviston, 4,101
Liverpool, per steamers Acton, 4,330
Nympliaea, 0,097
16,481
Stag. 0,048
To Corunna, per brig Hotspur, 150
.
150
■.
Galveston—To Liverpool, per steamer Neto, 4,500
4,506
To Bremen, pert-earner Fen-y-Ghent, 4,260
4,260
Baltimore—To Genoa, per steamer Surrey, 300
300
Boston—To Liverpool, per steamers Norseman, 1,669. ..Scythia,
Savannah—To
Philadelphia—To Liverpool, her steamers
....Lord Clive, 1,834.....
British Prince, 2,425
4,259
106,747
Total
particulars of these shipments, arranged in our usual
quite active, and prices are firmly held. There i3
form, are as follows:
nothing offering except at full figures, sellers not being willing
Brc.- Rot'dam,
men <f'■ Anlw'p tf:
to accept the prices offered for round parcels.
There is not
Ham- CopenLiver¬
Comuch doing in this way, but the orders for small lots are
Jlult. Havre, burn. hagen. runna. Genoa. Total.
pool.
New York.
8,105
1.250 3,5o*0n 4,20i
150 19,330
coming in quite freely. There have been sales of several N. Otleaus. 22,607- 2,124 6,217
5,285
34,139
thousand rolls within the range, and the market closes at {d%c. Charleston. 20,842
20,842
150
16,631
for 1lbs., 10*£e. for 1:’\4 lbs., 11c. for 2 lbs. and 1 l^e. for Savannah.. 16,4 si
4,230
8,766
Galveston...,
4,503
standard grades, an allowance of 2*2(25 per cent being made
300
300
Baltimore
on quantities.
2,480
Butts are also meeting with some demand, both Dost mi
2,480
4,259
on spot and to arrive, and the market is steady.
For paper Pliiladeip'a 4,259
grades there is something being done on the basis of 17£@2e.,
Total.. 79,2 SO 2,124 7,197 13,045 4,201
150
450 106,747
while bagging qualities arc quoted at
e., with sales of
Below we add the clearances this week of vessels carrying
3,000 bales, both kinds, at these figures.
cotton from United States ports, bringing our data down to
Comparative Port Receipts and Daily Crop Movement.
the latest dates:
—A comparison of the port movement by weeks is not accurate,
Galveston—For Liverpool—Oct. 11—Steamer Enchantress, 4,OCO
Oct. 15—Steamer Australian, 0,124.
as the weeks in different years do not end on the same day of
New Orleans—For Liverpool-Oct. 11—Steamer Gallego, 4,8 50
the month.
We have consequently added to our other standing
Oct. 13—Steamer Historian, 4,425
Oct. 15—Steamer Alicia,
6,100.
tables a daily and monthly statement, that the reader may
For Bremen—Oct. 11—Steamer Arrow, 4,750.
For Barcelona—Oct. 15—Steamer Navigation, 3,940.
constantly have before him the data for seeing the exact relative
Savannah—For Bremen—Oct. 14—Steamer Eipis, 5,850.
movement for the years named.
The movement during Charli>ton—For Liverpool- Oct. 10—Steamer Westergate, 4,508.
For Bremen—Oct 14—Steamer Dunholtno, 4,261.
September, 1884, and previous years, has been as follows.
For Barcelona—Oet. 10—Steamer Mayaguez, 2,909.
The
continued
Motithly
Receipts.
Tear
1884
Beginning September 1.
1883.
1882.
1881.
1880.
1879.
343,812
326,656
429,777
458,478
333,643
09 10
07-80
Wilmington—For Liverpool—Oet. 11—Bark Harriet Campbell, 2,115.
Norfolk—For Liverpool—Oct. 11—Steamer Eduardo, 5,600.. .Oct. 14—
Steamer Lord O'Neil, 8,975.
Boston—For Liverpool—Oct. 10-Steamer Cephalouia, 966
Oct. 14—
Steamer Missouri,
Baltimore—For Liverpool—Oct. 13—Steamer Nova Scotian, 2,003.
For Bremen—Oct. 9-Steamer Hermann, 1.013.
Philadelphia—For Liverpool—Oct. 14—Steamer Illinois, 1,G33.
.
345,445
Perc’tage of tot. port
Beptfmb’i
receipts Sept. 30..
07-09
05*43
06 67
Below we give all news received to date of disasters to vessels
Sept. 30 the receipts at the carrying cotton from United States ports, &c.:
ports this year were 1,633 bales more than in 1883 and Defiance, steamer, of the Clyde Line, was burned to the water’s edge at
Newberne, N. C., on the morning ot Oct. 15. Five hundred halos
18,789 bales more than at the same time in 1882. By adding
of cotton aboard were also destroyed. Loss on cotton $25,000
to the above totals to September 30 the daily receipts since
and on the steamer $25,000.
that time, we shall be able to reach an exact comparison of Huntingdon, steamer (tiro, Whitburn, from New Orleans, October 5,
This statement shows that up to
he movement for the
different years.
for
Havre, arrived oft'Charleston bar October 11. with piston rod
THE
October 18, 1884. j
CHRONICLE.
broken
Tlie disabled portions of the machinery were taken to
Charleston October 12, for repairs, and the steamer would have
443
B READ STUFFS.
quick despatch.
Nevada, steamer (Br.), from New York, October 9, for Liverpool, was
off Queenstown with her cargo on fire October 17. The cargo had
been on fire since Wednesday, and it is supposed that it originated
from spontaneous combustion.
A tender from the Nevada went
to Queenstown and returned to the steamer with gangs of laborers
help subdue the llames.
Strathedkn, steamer (Br.), at Savannah, loading for Reval. A fire
was discovered October 11 in the cargo of steamship Stratheden,
whicli was extinguished with comparatively slight damage.
Cotton freights the past week have been as follows:
to
Mon.
Satur.
Tues.
Thurs.
Wednes.
Do
sail...d
Do
sail
c.
sail
7ie3> *a* 7lo'« V
.
....
V
sail—c.
....
....
....
716"
716*
....
mmm^
mmmm
*3
*3*
716® V
....
....
....
.
38*
38*
38*
V
....
.
.
.
.
trade, has had
sail...c.
sail
c
....
...
....
516*
516*
....
....
....
516*
516*
516*
5ie*
*2*
*2*
lj'
*3*
916
916*
9lfl*
910*
38'
38*
38*
Antwerp, steam..c.
*
Compressed.
.
gate, quite a little ungraded wheat being taken.
...
West.
DAILY CLOSING
Oct. 3.
916*
918*
4-716*
13
Oct. 10.
Indian
60,000
5,00t
1,000
43,000
9,000
7,000
1,000
1,000
36,000
6,000
57,000
6,000
4,000
532,000
289,000
21,000
19,000
93.000
4,000
588,000
330,000
19,000
14,000
62,000
29,000
58,000
8,000
1,000
41,000
7,000
6,000
487,000
265,000
46,000
37,000
165,000
136,000
501,000
273,000
41,000
3 4,000
143.00C
62,000
110,000
cover
corn
for October has
contracts both
have been small
none
at
The tone of the Liverpool market for spots and futures each
day of the week ending Oct. IT, and the daily closing prices
of spot cotton, have been as follows:
Market,
12:30r.M.
{
j
Dull.
Easier.
Quiet.
Thursday
5**16
5*316
Bales
7,000
500
10,000
8,000
10,000
1,000
500
1,000
10,000
1,090
Spec. & exp.
Dull.
Flat.
Steady.
Steady.
Steady.
Steady.
53*
5%
5®*o
53*
5*2
5*2
51*16
5**16
10,000
12:30 p.m.
Market,
5
1-04 de¬
cline.
Dill.
Easy.
Dull.
\
P. M.
Quiet at
Ea^y at
£
J
£
2-04 de¬
cline.
the bulls in order to shake out
d.
d.
d.
1
d.
d.
5 38
5 35
5 85
5 35
5 35
5 85
d.
| 5 30
October
5 30
5 39
5 3j
5 39
Oct.-Nov„..
5 33
5 SS
5 38
5 38
Nov.-Dee..
Dec.-Jan....
5 38
5 38
5 38
5 3S
5 39
5 39
5 39
5 39
Jan.-Feb.... 541
Feb.-March. 5 45
541
5 41
5 45
5 43
5 40
5 49
5 49
5 49
5 43
5 11
5 53
5 53
6 53
5 53
5 50
5 50
5 56
5 56
5 56
5 58
i.)
1)4
5 54
5 53
5 53
March-Apr.
April-May..
May-June..
June-July..
July-Aug...
Aug.-Sept...
....
....
....
....
....
•
....
....
....
•
•
d.
5 33
5 34
5 33
5 34
5 33
0
34
5 33
5 34
d
5 30
5 35
5 35
5 34
5 34
534
5 34
5 30
5 30
5 36
5 35
5 30
5 35
5 30
5 41
5 39
5 39
5 39
5 39
5 38
5 39
5 43
5 43
5 42
542
j 5 33
; 5 41
5 3J
5 45
5 43
| 5 41
5 43
5 40
5 46
! 5 41
5 46
5 50
5 50
5 48
5 50
j 55 44
4S
5 £0
5 51
5 53
5 51
5 53
.
....
....
•
;
1
....
••
....
•
....
....
•
•
.
•
.
...
d.
d.
d.
!
d.
d.
d.
5 33
5 33
5 32
5 32
!
5 23
5 29
5 28
....
.
•
•
.
.
•
•
•
•
•
....
..
.
....
Open High Low. Clos.
d.
d.
]
•
1
Open High Low. Clos.
Open High Low. Clos.
. •• .
5 40
Fr!., Oct. 17.
Thurs., Oct. 16.
13.
|
i
.
October
Low. Clos.
d.
5 30
i
.
.
\nigh
5 36
.
Wednes., Oct
| 5 35
Open
d. •
d.
5 23 !
d.
d.
d.
5 29
53 j
5 29
d.
5 30
Oct.-NoV.... 533
5 33
5 32
5 32
5 28
5 28
5 23
u
j
5 29
5 30
5 20
5 30
Nov.-Dee...
5 33 ; 5 33
5 33
5 20
5 29
5 28
5 28 i
5 30
531
5 30
531
531
5 31
5 31
5 31
533
5 33
5 33
5 33
| 53tj
5 38
5 34
5 31
5 31
|
5 35
5 30
5 35
5 30
5 38
5 38
5 30
5 40
5 30
5 40
5 43
5 44
5 43
5 44
|
5 47
5 48
5 4?
5 48
5 51
5 51
5 33
Dec.-Jan.... 5 35
5 33
Jan.-Feb
Feb..March. 5 41
...
5 85
5 34
|
5 34
5 88
5 3?
5 37
541
5 41
5 41
!
28
j
March-Apr.
5 45
5 45
5 45
5
5 41
5 42
5 41
538 j
5 42 |
April-May..
5 49
5 49
5 48
548
5 45
5 45
5 45
5 45
May-June..
June-July..
July-Aug...
5 52
5 51
5 40
5 49
5 49
5 49
Au jr.-Sept...
,
5 52
5 51
,
,
•
•
•
•
•
•
«
• • •
•
•
•
• •
•
•
•
,
....
•
45;
....
....
•
•
•
• •
•
•
...
.
•
•
•
....
.
•
•
•
•
....
5 51
5 51
•
•
•
«
,
,
,
,
•
•
•
.
•
•
»•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
•
*
•
•
•
•
•
•
....
....
....
•
....
8 3 <">8
advanced, owing to a demand
The receipts
The later
There has been
weak holders.
little business for export here by reason of the smallness
supply not only of mixed but of white and yellow,
which have been to a great extent nominal in the absence of
any
business of importance.
To-day the market was dull,
and H to lc. lower.
PJ :ices OF NO. 2 MIXED.
.
.
/Serf.
Mon.
Tues.
63
63
Wed.
64*2
62*4
63
63*2
63
6d78
61*4
01*2
63
6 L
54
50
53*2
493*
r,378
493*
5.4
49:4
.
Th urs.
65 *2
63
60*2
527s
49:*8
Fri.
64
59*2
58*2
513*
43*8
There is little interest
in this cereal just now.
Not only the trade on the spot, but
the transactions in futures are comparatively insignificant.
Oct. 14.
Tues.,
Open High Low. ■C7o«.
Open High Low. Clos.
d.
Mon., Oct. 13.
873*
8958
of the
Oats have been
1,000
otherwise stated.
1
8S7s
843*
865«
very
.
The opening, highest, lowest and closing prices of futures at
Liverpool for each day of the week are given below. These
prices are on the basis of Uplands, Low Middling clause, unless
Sat., Oct. 11.
90*4
....
....
8578
the fall in prices to manipulations by
while others attribute
quiet at a decline.
Agricultural Bureau
very
steady.
88
90
....
86*3
88*4
99*4
Fri.
86
The Chicago
clique, it is said, has shown no disposition to check the decline,
.
Futures.
Market,
85*2
863*
Thurs.
87
prospects and partly to the depression in wheat.
rti elevator
October delivery.
Steady.
53*
534
84*2
86*s
all, which is an unusual circumstance.
.
Mid. Upl’ds
Mid. OiTns.
87
here, and on one day, indeed, there were
Friday.
Easier.
Steady.
Wed.
87
Tues.
here and at the West.
»?ING
Wednes.
Tuesday.
Saturday Motiday.
Spot.
To-day
options have declined, owing partly to the favorable crop
Get. 17.
5,000
The
2 RED WINTER WHEAT.
Mon.
87
87*5
893*
913*
V
516*
916"
916*
53b4-716*
72,000
-
TRICES OF NO.
Sat.
88
to
52.000
6,000
movement has been more liberal.
opened )£c. to %c. lower.
October delivery
....
t Per 100 lbs.
Sales of the week
bales.
Of which exporters took
Of which speculators took..
Sales American
Actual export
Forwarded
Total stock—Estimated
Of which American— Estim’d
Total import of the week
Of which American
j
Amount afloat
i
Of which American
1
The crop
the market
Liverpool.—By cable from Liverpool, we have the following
statement of the week’s sales, stocks, &o., at that port. We
add previous weeks for comparison.
Sept. 26.
Business in
speculative trading has been rather smaller of late. The
foreign markets have been depressed, as also those at the
....
.
.
the spot at declining prices.
on
export trade in red wheat has reached a very fair aggre¬
932®516,‘ 932®516*
.
less depressing effect on prices.
fairly active
....
516*
....
Barcelona,steam.c.
Genoa, steam—c.
Trieste, steam...c.
•
....
d.
Iteval, steam
Do
....
a more or
Wheat has been
Amst’d’m, steam.c. 52*2-551 52*£-55t 52*2-551 52*2-55* 52*2-551 52*2-551
Do
only moderately active at the best, and
spring and white has been restricted by a small supply.
....
716^ V
.
.
716 'a *2* 7lfi'5 V "l6® v
c.
Hamburg, steam.c.
Do
.
....
....
Bremen, steam..c.
Do
....
....
7Itt '3 V
has been
October 17,1884.
.
generally has met with a very light demand. The receipts
have been large, and this fact, together with the slowness of
The
Fri
Liverpool, steam d. 13£4-732* l3t-4-732* l3fi-732* 1364~732* 316-1364* 316“13t’4*
Havre, steam—c.
Friday, P. M
Flour
....
Report for October.—The follow¬
ing is the Agricultural Bureau
in this country October 1 :
repor^ of the condition of
crops
CORN.
Department reports that the October returns of corn average
higher for condition than in the past five years, but not so high as in any
of the remarkable corn years from 1875 to 1879, inclusive. The general
average is 93, which is very nearly an average of auv series of ten years,
and indicates about twenty-six bushels per acre on a breadth approxiimating 70,000,000 acres. The region between the Mississippi and the
Rocky Mountain slopes again presents the highest figures, which in every
The
State rise a little above the normal standard of full condition.
east of the Mississippi returns condition as high as 100.
figures arc 73 in West Virginia;
South Carolina, S3. The reduction was caused by drouth.
No State
The lowest
Ohio, 74; Louisiana. 74; Texas, 80;
There is
complaint of drouth in the Oho Valley and in the Atlantic and Gulf
States, but not sufficiently severe to reduce seriously the yield. The
early plant is everywhere matured. Late plantuigs in the Southern
States have suffered for want of summer rams and will lie light and not
well filled. Very little injury has been done by frosts. T.iere was frost
in Vermont on the 25th of August and in several border States about tlie
middle of September with slight injury to late corn. Damage by
chinch bugs and oilier insects has been light.
WHEAT.
100,000.000
confirming
about
will
wheat
is
and Middle States, the
western slope of the Alleghenies, Michigan. Wisconsin and Minnesota.
Some depreciation in quality is noted in Indiana. Illinois, Iowa, Missouri
and Kansas. The average for the entire breadth is 96.
The wheat crop will exceed that of last year by about
bushels
Threshing is slow and late, with results thus far
the indications of former reports. The yield per acre
average
thirteen and a third bushels. The quality of the present
crop
'-enerally very good, especially in the Eastern
on
RYE.
The indicated yield
ity is superior.
of rye is about twelve
bushels per acre. The qual
OATS.
The yield of oats is a little above average,
bushels per acre and making a crop
of good quality.
yielding about twenty-seven
approximating 570,000,000 bushels,
BARLEY.
bushels per acre*
quality. The
87, indicating a crop slightly under an
The barley crop makes a yield of nearly twenty-three
and a product exceeding 5«*,o00,000 bushels,
average
condition of buckwheat averages
average.
of
POTATOES.
The condition of the potato crop is represented
poi ts lower than in October of last year. It is two
1879-1882, and the same as in I85O.
by 89. which. is five
points lower than m
the
r~
^
'-^1
FLOUF.
~
n-iHH
^ 63 *75 63
s?«
=
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Hushels
Value
.$
Indian eel’ll—
Bushels
Value.
.$
Indian eont meal—
Barrels
Value
.$
Oats—
Bushels
Value
.$
show
as
bbls.
bush.
•■•••••••
Below
....
t: tc (J•
;
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.
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•
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1881-82.
6,404.979
51.641.41)5
67,923 80 4
42.636,0 45
3.71.,16S
36,5 73,198
89.698,8 46
40.02 i,02 3
6,078.150
44,211.420
55,085.517
29,23 4.701
4,996,323
4,862.535
O'
-l;
Wheat..
Corn...,
Oats
oo
•
•
•
•
tc
;
;
;
;
k o,;
.
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.
.
•
ft
Barley
Rjre
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.
»
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t
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.
166,312
153,294
674.525
172,717
6 10.655
285.509
90 ’,9 35
536,299
354,258
556,653
496,^26
1,015 ,851
200,517
410,922
299 5 >3
27,107
89,162
43,631
220,597
65,671
2,456,816
1,8 >0 031
2,010,051
The receipts of flour and grain
week ended Oct. 11 follow:
Flour,
obis.
mond.
vietle.
town.
at the seaboard
Corn,
Wheat,
bush.
bush.
127,523 1,471,505
B/ston
93.il 6
41,200
875
Portland
Montreal
32,143 257,571
101.000
Philadelphia... 3 >.814
378,180
Baltimore
60,411
Newp’t News..
Njw Orleans...
9,150
6,142
New York
Falmouth.
1881.
Week
Oct. 15.
122,602
To till
At—
lake and river
182,690
w
i: r
T IC
168-973 851
Week
Get. 13.
1883. '
y.
C
•
1
Week
Oct. 11.
1,396,575
O'
I
1882.
Week
Oct. 14.
383.420
.....
4- M
i
133,956,98 4
177.203,807
1884.
bush.
.....
*4
tc tc
shipments from Western
.......bbls.
Cc
42,270,669
92.610,117
29.213,548
3,236 956
1,742.564
3J 47.605
I
-
Four—
o x cc
.
©1
-I Co
©
1380-81 •"
7.020.408
1832-83.
7,030,159
the rail
are
inclusive, for four
1883-8 4.
170,943,835
1,173,434
flour and grain from the same
8,717,220
a
b
X
14.28!,82 2
24, 1883, to Oet. 11, 1884,
follows:
ports for four years:
1
and York-
Huren.
30.0. 0,032
comparative shipments of
Total grain
i cr x
Incliuled in the i'ore^oini' tot:tis are tlie reportu from Milwaukee,
New Haven, Porilaml ami Fa mouth, Kichmoml, Willaiuette
town, the details foi* 8epU nUief, Ish i, being as follows :
MilicuuXcw
l‘<'vi7n\(l if:
RichTFt7/«York-
kcc.
1.914, 0l»
1,835.074
Barley
KfD ••••
*
Barley—
2.155 4S1
3,140 518
Born
Oats
rc cr cc
tc
o
1
—
koc
M
!
-y.
H-*
lu.
c:
x
it* a> Cr!
mx
M
•
cr. t. ©i
x
-
3,391.517
3, 474,413
2,05 4 417
18,244,952
3
*H
X' tc oC'C-1
-1 m -r
•.
f. C-
Z
—■
;
...
i •
i;
j. v i
X 4- - I t
18,499,3 L9
30.650,54(5
28 557,518
Wheat
;
X j- X
7
22,2 17.280
L,037.811
13.89C.872
2.000.034
Ci
j
C
—
iu
COM.
c.MM
x — —
-
\ Ci o:
-
co
" l
IC
<i
i.
■¥.
k. 9
.
to
VC
-
133,230
July 28
Fiour
x
i
o
•
o;
00
—
CC
'■m'. P
i-1
•
•
050 070
*>ince
|£*
o'
is
:
:.
-j:
it* ►
2.
-1 xl is
C lOi *
-
r>
X 4- to
r*
•
900,3)1
2,771,131
to
C X ( -
to co c r. -3. —
1
co-ii
co
cji
©uc;
CO O t- o
10
HHOI - O' CO X i*.
;
S'. X c X
-y.< ^
k>!!
;
533,731
232,707
b
-1
z^zr**- z.
ir*
240 054
Stirne
years,
!ir*
co
0 Ci to
o:'
MX
©I ©•
174,063
878.393
^
Ci
C —'
'
c
to 01 -1--
Y-Y
*
c -1 Ci* 'x
83 4 050
1.597.410
227,603
ports from Bee.
i: 4—
*
U-T'
it* sc
if*
cr.
*h\?
t—
4* -)«•
oo O;
17,990
1.570,935
203.575
1882
Rye.
1,057 050
2.149.-17
’83
wk. ’82
The
c> oo
O' o
65
75
718,033
Tt>t. wk. ’84
CO O if* 0". -! I Cc
11
*o I *
vl*|MC
CO 0* <t- Y** —1 w i—k-XOG-l—• — l—-lx!
Cl — c/- CC CO C if* X' it*'
c-: •
1,158
1883
»
®
®
85,000
Same wk.
co C | -s
m :c
85
76
BnshA^lb- Btwfh.501/>*
Bush.dO Zft.» Bush.5HIbs Bus-1.32 ’b
124,753
350,818
935,183
803 051
830,30)
5,320
2 2.909
231,940
0,240
234,231
19,733
551
13,237
25,041
1,003,054
32.013
10,012
7.525
055,553
lO.i 92
3 4.90,1
5,000
81,5'JO
10,857
203.810
IT 3.510
58.69 >
307.880
14,000
403,390
18,000
90.903
7,400
3,978,57 4
2.525.033
r '
it-X
00 k 1-1 to
i— C. i—* >—
to to O'o:
it*
co co c; *•
^
■CC cn:
CO
r ci o: c;
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i
O'letOwOi;
•-1 »u co
rx i;
to
....
Duluth
I c.
-
x CO X
: x.
.
1
i-*:
4,275
32,585
..
Peoria.'
.
to
biooebj
o: it- co co
k
Cl
” zc. z: ~
i: x - /
St. Louis
-l - - c
it.
3,218
Cleveland.
C
c
80.515
8,209
1884
I
I 4- C-.
«
-
tc xci
^i.r ■'
m v cc
2
xr
2
1;
c: t c
m
,
iic'^c c!
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tc:;
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M C’
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ic'-x-.: - cc 13 -
i o: c co to
i-" x c* —
C:
C
.
Detroit
•
o* •
j cue — xj
-• - I *r i' b
ir"c
m
M h►- X
c-
’
CC
!•-
-
:■: t:^w v
x c.© j.: - ic._t'
-
iMCCCiM;
*-
|Srg:'
iO-UO-i
I
*
to :
.Mtlwaukee..
Toledo
tot:
i oc - i
X *- I—•
ci
!
!
a
b
tc
7r
60
70
33
®
®
Burley.
Dot*.
Corn.
TDieat.
BblsAWlbs
103.055
Chicago
t*..
‘
icc:I
*»
ccM‘io ■
.
S.
!b
m
ac. c c; c. c
c w tc ►-; i © — a c
--;
—
f* '■? 7
-
ci •
^
>1
p
m
IP.^r'ri}0: P
;
p b
to
;c
irF.x>:
M
303i
32»4®
State, six-rowed
63
®
3«
31-U f
30^ *
State, two-rowed....
®....
GO
17 our.
Utceiyts tit—
~
M-
.®....
61 ^
®
a
Go
.9
683!
33
last three years:
for each of the
V’ 10
X M x*
56
U4
®
State
Oats— Mixed
White
No. 2 mixed
No. 2 white
Bariev—No. 1 Canada
No. 2 Canada
is indicated in the
figures of the New
York Produce Exchange. We first give the receipts at Western
lake and river ports, arranged so as to present the compara¬
tive movement for the week ending Oet. 11 and since Aug. 1
*4
Z'- Z* ’
i
86*2
90
87
Tlie movement of breadstuffs to market
statements below, prepared by us from the
:
: :. :. :
M
X O' to 1'
X — w
6' ©I
®
®
84
C irn—West, mixed
West. mix. No. 2.
White Southern..
Yellow Southern.
Western white...
M;
o:
84
65
62*2®
®
*:77i<T
30^ *
Gl
Rye—Western
64
White No. 1
ce
cr; a.
QOQC<
.®
,®
White
co:
m m •
Corn—
Western Yo11owt
■
o: w
s
2 50
GRAIN.
Co
j*
;
3 75® 5 40
4 GO® 6 15
straight
©
;
3 40
3 50
.
Pitems, spring
g » : r o:
ccoc
5 00
4 50
3 95
Urandv^iru* Ar/‘
3 40 3
Buck •' lieat Hour per
2 00®
100 lbs
and
clear
Winter
§■£ : ~-f
2 2 ct co •
“
c
0: -s
o 2 kJ
c
5
•x C X X
....
grade
Fi_e
63736354
2
E- ®
s *
5 G5
$4 G5 ®
V bbl. $2 10® 2 40' Patents, winter
2 35 8> x 00 City Mill snipp’g ex.4 05 ®
Nx. extra
3 00# 3 50 Southern bakers' and
family brands
4 25®
No. 1 r xtu a
3 50Q» 6 00
8'iperhne
2 50® 2 85 South’n stip’g extras 3 25®
Sp ’irg wheat extras. 2 75® 3 75 Rye Hour, superfine. 3 50®
Corn meal—
Minn, clear and stra’t 3 75® 5 ( 0
Western, &e
.3 00®
Winter shipp’gextras. 3 10® 3 50
No
corresponding periods of the previous year:
d, <1 H C b 2'
*"3 *~i
cccc
m
37 37 37
following are closing quotations:
The
following statement, prepared by the Bureau of Statis'
tics, will show the exports of domestic breadstuff's from
undermentioned customs districts, during the month of Sept.,
1884, and for the nine months ended the same, as com¬
The
pared with the
fVoL. XXXIX.
CHRONICLE.
THE
444
269,622
135,255
13,175
ports for the
Oats,
Barleu.
bush.
bush
703.3 SO 122 350
223,025
Rye,
bush.
197,200
7,625
550
11.224
43,800
4,800
3,268
10,738
30.000
71.200
230.3U0
30,710
s8,53^
1R721
2.5,023
.
Total week...
Cor. week ’83..
.
.
The exports
oris
5,180
bxpuris
Oatmeal—
IVmmls
N »w York
Boston.
p. irtlard
.!*?
.
Bye-
..
Bushels
Value
.$
Wheat Bushels.. 10 ; soo
Value
$ SJS.dOd
Wheat Hour—
.
Barrels
Value
Total values—
.
.Sept..*84 .-fi
S*‘pt/83!8
9 months—
188 4... %
lSt3..
88, '60
53,475
Flour.
Oats.
Rye.
Peas.
Bush:
Bush.
Bbls.
Bush.
Bush.
Bush.
399,629
16,000
111,506
77,613
3,079
22,255
42.231
l7n
166,621
25 632
623
P .lladei..
83,708
50,052
555
6
37.160
2,7» 0
33
189,52 1
33
f'.SC'O
133,587
4 8.927 11,444
633,5ft5
4",0t>7
185
172,476
438
1,878
189,523
1U2,8v9
O.S68
-
.
58,830
288.703
7.050
36.518
36,518
61,749
2.016,272 829,834
917,880 .1,601,110 627,415
960,782
Baltim’re
N < trl’nff
N. Newrs.
44,315
25,958
37,021
T aal w’k.
643,553
197,039
.
.
.
Corn.
Wheat.
from —
Sue
1
V
.
13,918
13,613
....
i-
......
139
•
4,214
99,799
1,541
8,42(.
•
•
•
•
......
•
......
......
50 j
305
6,.
143.901
57
99,799
2
.
683.570
Tlie destination
3,132
■
_
time
O
annexed statement:
shown in the
ending Oct. 11, 18 ?4, are
.
Value
550,193 1,292,342 134,90.) 214 271
1,563,35 ) 715,8 47 4 4,000 215,268
from the several seaboard ports for the week
330,192 2,258.638
305.191 1,333,093
972.0 M
oro 679
4 - i a
64.48 4
^
^
17 55 ^
is as below. We add
last year for comparison:
of these exports
corresponding period of
,
«
the
W*?. h:,
Oct.
11.
1883.
Week
(el. 13.
1884.
following shows the course of the
Print Cloths.—The
Corn.
1883.
Week.
Oct. 13.
1881.
Week,
Oct. 11.
18*3.
Week.
Oct. 13.
lb-4
to—
j
Wheat.
tumr.
Export*
for week
415
THE CHRONICLE.
1*84.
October 18,
market during the week:
O t. It.
Contiu’ni
S.& C.Aui
W. Indies
Brit. Col’*
Rbfs.
14 >.47-*
465.029
4,070
177,624
1,234
882
Oth.c’nt’fe
f
23;442
92,6 35
639.703
-43.20 >
23.6 >0
9,5“9
9.008
128
5,355
1,513
9.*9
197,039
972,052
,000
6,330
683,570
613,553
•200,678
totals we
By adding this week’s movement to our previous
of exports since September 1,
have the following statement
this season and last season:
Exports since
Aug. 25, to— Aug. ‘25to
Aug. 27 to
Aug. 25 to
Oct. 11.
Vet. 13.
Oct. 11.
Bhls.
Bbls.
Un. Kingdom
Continent...
737 9(5 5
752,097
9< >,*5(55
30 922
8. AC. Am...
West Indies.
Svll«
80.760
123.(54!
125.922
101, >35
3,269
...
1,119,802
1,097,305
5.379,350
5.533.03 5
23,59
Auj. 27 to
j
Vet. 13.
Bush,
j
4.709.79
5;
Oct. 13.
Rnu'i.
3:8.703
1,343.081
375
1S8,‘„\3?
252 053
11,571
50,130
01,300
8.145.010
939.987
10
Total..
G Of. 0,572
4,005
11 08 i
15, 81
4,182
100 701
2,US 1,03 1
8.0 >190)
supply of grain, comprising the stocks m granary
principal points of accumulation at lake and seaboard
was as
po;ts, and in transit by rail and water, Oct. 11, 1884,
'j he visible
lie
at
loi.cv
'■>
Net*.
l*
s:
st- rent—
Corn,
hush.
bush.
6,471.047
York
afloat (eat.).
1,0 J~,02 J
l.vO)
1.206,000
4 3 3,037
Ab
y
B it; 6
C >!-( O
N«*\vj t Nows;
Mil : i kee
D j
k
T >' re
3) bo t
r
Wheat,
.6
38
610
134,251
12 9 70
7,370
32.23 t
43,181
1.250
......
49,788
1,**2 316
6 3.6-'5
14* 453
5.987
61.!>88
2,178.39,2
255,607
Cinolnuati
50,509
Boston
Toronto
18,7* 7
62 301
Montreal
Philadelphia
-
44,444
87,631
...
7,012
133 921
1
t,’>4.
Tot. Ot t l '.g'R.
in,. Oct. 1 i. ’ 'V.
Tot. Oc*o. 15, 'b 1.
To*
j,<
.
Tot. Oi t.. 1 ', ’-4.
<>c.
.
500
119,200
1,
.
90,131
19,838
Kansas O
1) i VVJl
iji.S'fr !»:•,.
O > '»T.,
On lake
On e.ii.nl
1
6,‘46)
13,( OJ
5,lu5
• 2* 0
4
(M
mil o
.
2 i* 4,2-8
2.7*5,.>2 O
29. 9 5.110
2*>,'25 ' .< »•> ~
29.sbfV ' 9
M, 1-8,914
vO
(
6* 5, )
., •»
s
7.791
1,13 :
78,822
7,186
6,058
9-2
.
9,092
5.••iil
*.311
31.000
4 !
,90
81,14
50,000
‘-2
-
o
o
20 ».M 7
2U <>' •!>
1 2 t.7 1 6
1 1 0,<4lU
1 *6 » 9 4
960 065
1
*
i
li
.734 2 .2
•
35:
12.431 .981 5
*5 4
1.4,481.933 4 659 7** 1,4 > .,-05
2»_>,.. 86.272 23,052,050 4 760,412 2, jUO, 187 1.093,772
THE
DRY GOODS
he market for
liabiiitit
s
ot
$ Md.bi 0.
goods
for tli3 weir-: were
packages, including 1,026 to Great
Britain, 202 to Argentine Republic, 1 TO to U. S. of Colombia,
116 to Brazil, tv*.
Some additional and good-siz.vl Jots of
brown cottons were sold to exporters, but the demand by the
home trade wt* quite light.
Bleached and colored col tons
continued quiet, and wide sheetings and cotton flmnels were
in limited demand at unchanged prices.
Print cloths were
in fair demand, and steady at 3}qC. for 64x61s and 2T£e. for
56x60s, Fall Riv'-r manufacturers having determined to shut
down about 800 000 spindles next week in order to lessen the
supply. Prints ruled very quiet, and ginghams were almost
neglected in, fir.-t hands. White goods were more sought after
by large jobbers, and some liberal orders were placed for
future
delivery.
Price
....
Salts
....
Sales
i’rice
Sales
Price
Dull.
3'25
Dull.
....
Price
Dull.
3'25
Dull.
Price
...
Sales
Price
....
Price
....
Sales
....
Sales
....
Price
....
Sales
•
•
....
•
•
....
•
•
....
Sales
....
Price
....
Sales
...
.
....
'“rice
....
Price
..
Sales
....
....
....
Sales
Price
....
....
Sales
....
...
1,000
l.OoO
..
V
•
3*15; Monday, 3U5; Tuesday, 3 20; Wednes¬
315.
Goods.—There was a considerable force
market, and there waj,consequently,
slight improvement in tin demind for spring cassimeres,
suitings, &c.; but buyers were exceedingly cau’ious in their
selections.
Worsted coatings continued to move in fair
quantities, and leading makes are pretty '.veil soi l up. Ladies'
cloths, tricots, cloakings and Jersey cloths were in light and
irregular demand, and a limited business was done in satinets
and Kentucky jeans.
Flannels and blankets ruled quiet, and
hosiery, knit underwear and fancy knit woolens were lightly
dealt in by package buyers.
Plaid wool sackings and suitings
continued in fair request, but worsted dre.-s go .’ds were mostly
qui"t in first hands, and sluggish with jobbers.
Foreign Dry Goods.—The demand for imported fabrics
was very slow, and almost wholly restricted
to small parcels
of specialties.
ruled
and
silks continued
Dress goods
quiet
dull, but there was a steady call for velvets, plushes and vel¬
veteens.
Men's-wear woolens were a tnilo more active, but
goods, laces, embroideries and hosiery were
The auction rooms were fairly supplied
>iiks, dress goo Is, cloaks, &c., but the prices obtained
in most cases very low.
linen and white
1 ttli wanted.
<ut
with
were
2
Importation* of I>ry Good*.
importations of dry goods at this port for the week
aiding Oct. 16,.
for the
1884, and since January 1, and the same facts
corresponding periods of 1886. are as follows:
i
-8
~
X
x
•
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17, 1384.
Goods.—The exports of domestic
Sales
....
Sales
Dull.
325
Dull.
Price
Dull.
325
Dull.
3
®
dry goods was dull and
Domestic Cotton
....
1,000
Sales 1,000
....
Price
a
-t-
featureless the past
weelr, operations having doubtless been checked to some
extent by the growing political excitement. The weather was
somewhat cooler, and more favorable for the distribution ot
seasonable fabrics, but stocks in the hands of jobbers and
retailers have not yet been reduced to the replenishing point.
There was, consequently, a very light demand at first hands,
and the jobbing trade was of strictly moderate p oportiors.
MenVwe.u \»w<.aus nave met wnn more attention from tieclothing tr-’d *, but tiieir purclm es were conspicu* .u.sly sma l
compared with the same p-riod in fomier years. The depres¬
sion lately existing in woolen goods has caused some failures;
and amour; mi.ms Messrs. James L?gg & Co., Mql wills
Mills, Burrilh ille, R. I., failed during the week withestnnatt d
'
Sales
....
•
D dMESTic Woolen
TRADE.
Friday, P M., October
....
3 20
Price
....
1
703,7*2
4 51 4 96 l.l 1
Price
Sales
....
Price
of Western clothiers in the
The
6,5 15,84)7 4.1 ’ 5.-95
7.328,847 3 5IO.J
Price
Sales
Dull.
Transferable Notices—Saturday,
day, 3'15; Thursday, 3'13; Friday.
l *> 9
25,7'.'0
v
- v
O
3'. 459
8 03 8
\v;5h
,•*.>.>
714
427100
46 7*.5
57,-33
142,005
6,3*2
.
>. i'_’8
35.59 1
1,57 0
7 3,2*i7
15
593,*18
7.716
Indianapolis
I
Tn.Oi 0
223.592
64,056
33 3,311
1.462
154,916
Peoria
83,4 10
171,; 37
125.662
09,4 0
1-5 O ld
4
96J.011
we^o
hliS-':.
oush.
614,389 1 093 795
4*0.8 31
100,4 1.3
3.5,100
16,100
412,000
3,510,410 314,066
1,2 lb.6 3
BE Louie
Rye..
Burley.
Oats,
bush..
Friday....
Bush.
1,502 93-1
3,363 871 |
i
Thursday
1,
Dull.
325
Dull.
j
j
j
Wed'day.
325
Dull.
j
Tuesday.
1883
Aug. 27 to 1
Bush.
6.113
1U3.0J2
|
1883.
1884.
1883.
1884.
Total.
Corn.
Wheat,
Flour.
Brit. Col’nies
Oth. countr’s
j
j
December. local.
Xovemher.
October.
Tone.
Price.
Tone.
Saturday.
Futures.
Spots.
EXCHANGE
Monday.,
143.9-)!
Total...
407,230
271,3m
15,4 i 6
Bush.
Rush.
93.204
Rush.
Bush.
libls
79 181
9,0 w
1 v2il
25. 4 r
12.20 J
SALES OK FUTURES.
MARKET.
COTTON
Un.Kiti‘2.
Ti
'
Week,
05
!
0 1
V*
I
1
on
—1
X 0)
-
It* to
:
or CO
10 r. 05 -4
if-
c to — * *-*
Ci r -T Ot
-1 tO 05 *4 -*
•L*.
—'
C
m
O'
•fc.
M
n>
i.
^ *J» iU -1
/
r i
•
i!
t-"
0
Si * O'
k-
—
M
g —4
05 S to O'
• *y. Tj h
1 r
to O Si
X
'
CO
10
"on to
X
X
X
X
p
g
<1*
i
THE CHRONICLE.
446
articles of j
domestic produce in New York for the w^eek ending Oct. 14;
•
Oct. 14.
Since Jan. 1,
1881.
Same time
last year.
Ashes
Beans
bbl8.
bbls.
83
3.857
'1,486
1,173
43,649
47,478
Breadstuffs—
Flour, wheat
bbls.
141,201
4,287,130
4,667,698
Com meal
Wheat
bbls.
bush.
2,325
Rye
bush.
1,579,450
127,150
150,996
26.592,909
3.552,925
11,258,094
14,359,985
5,072,164
179,989
129,090
£2,451.961
3,824.268
Cora
Oats
bush.
bush.
Barley
bush.
2< 8,132
6G5.194
2/5.515
10,<'0G
40,789
bush.
bales.
bbls.
bags.
bags.
Peas
Cotton
Cotton seed oil
Flax seed
Grass seed
Hides
Hides
69,277
4,285
sides.
pigs.
Leather
Lead
Molasses
Molasses
lilids.
151,057
109,108
Rye
Oats
bush.
54.278
50,275
Earley
75,305
2,453,587
30,365
bush.
Peas
Cora
•
62
316,816
2,347,680
405,628
324
710
42,907
-
Naval Stores—
Peanuts
Provisions
20,073
18,725
824
3.384
12,664
342,562
350.648
50
3,669
0,576
bags.
2,173
69,841
73,786
pkgs.
pkgs.
pkgs.
pkgs.
pkgs.
1,295
112.268
857
18,395
69,741
25,656
Oil cake
Oils—
Whale
31,015
Sperm
589.892
752.595
33,998
1,258,561
1,961,802
1,220,870
2,017,769
712,087
246,494
143,501
614,720
37,372
29.143
41,572
116,049
—
Pork
Beef
Cutmeats.„«
Butter
Cheese
54,582
12,873
11,518
4,581
bbls.
Eggs
tcs. & bbls.
Lard
Lard
kegs.
Rice
No.
1,505
pkgs.
Spelter
slabs.
1,934
Hogs, dressed
.•
Sugar....'
pkgs.
Tallow
Tobacco
Tobacco
boxes & eases.
hhds.
bbls.
Whiskey
42,642
90,485
&
all
bbls.
bbls.
...tierces.
lbs.
lbs.
lbs.
lbs.
bbls.
Pork
Beef
Beef
BOSTON.
42,822
650
110
27,394
Cutmeats
133,541
405,421
204,413
371,316
44,105
28,454
6,296,215
293,734,239
322,785,507
2,910
93.101
134.032
40,249
32,188
152,039,821
38,167
39,209
219.559,718
14,967,329
83,590.171
153,943.811
617
2,904,238
12.542.711
326,163
79.283,544
1,515,635
3,696,256
105,838,882
•
221,518
hhds.
30,374,101
27,188,529
71,827
41,079
8G9
1,625
84.413
5,087,708
6,256
54,567
lbs.
16,509
17,903
182
bales aud cases.
Tobacco
5.668
66,736
lbs.
Tobacco, leaf
7,686
45,914
8S4
.
213,893
66
.
35.641
40,324
.
5,208,825
199,254
__
gntclioti J>alcs.
FOR
Mfg. Co.,
SELLING AGENTS
At Auction.
Freeman Mfg. Co.,
Itenfrew Mfg. Co., James Phillips, Jr.
Fitchburg Worsted Co.,
George Whitney,
Continental Mills,
Lincoln Mills.
BOSTON, 31 Bedford Street.
vrw
I 58 & 60 Worth
NEW
&
\
The
AUCTION
Undersigned hold REGULAR
SALES of all classes of
STOCKS
AND
BONDS
ON
Street, and
WEDNESDAYS AND
37 Thomas Street.
SATURDAYS.
<fc SOX,
ADRIAN II. MBLLER
OFFICE CARPETS.
No.
7
PINE STREET,
NEW YORK.
titbit cat ions.
Before buying your Carpets. Linoleum, Oil
Cloilis or
Mattings, call at KENDALL’S
Carpet Store, 114 Fulton M., basement
tloor. Cheapest plat e in ihecity. If not con¬
venient to call, send for samples.
HAND-BOOK
OF
O Y E Y
SAWYER Sc CO.,
15 CHAUNCEY STREET,
112,032
100,911
8,605
Brown, Wood & Kingman STOCKS and BONDS
SUCCESSORS TO
E. R. MUDGE,
43 & 45 WHITE STREET,
NEW YORK.
gals.
gals.
Arlington Mills,
Joy, Lincoln & Motley,
39,411
1,067
14,707
5,138
gals.
Petroleum
Provisions—
Geo. II. Gilbert
109 Duane Street.
No.
488,453
169
©ommcvciat OTavxts.
CANVAS,
A full supply,
477,784
102,970
70,501
954
561
gals.
Lard
Linseed
Whalebone
CO.
Widths and Colors, always In stock
58,575
20,780
2,366
gals.
Tobacco,manufactured, lbs.
UNITED STATES BUNTING
55,918
1,955,258
115,029
Also, Agents
21,020.384
42,141
1,066,757
92,518
FELTING DUCK, CAR
COVERING, BAGGING, RAVENS DUCK,SAIL
TWINES, &C., “ONTARIO” SEAMLESS
BAGS, “AWNING STRIPES.
COTTON
8,957,957
61,349
188,171
And all kinds of
131,001
1,688
1,320
7,500
5,767
88,669
COTTON SAIL DUCK
9,957
95,006
2,622
329
197
267,018
119,841
Manufacturers and Dealers In
138,640
2,600
6,721
Co.,
16,195,760
3,139,747
bbls.
bbls.
cwt.
63,405
Brinckerhoff, Turner
£0,690,*24
3,077,746
2,00*,554
bbls.
129, S46
©arxls.
©omxujcrcial
3,262
96,758
Tar
Pitch
116,*09
----- -
4,235,981
3,44 4
90.589
94,048
91,415
bbls.
1,080
3,113
1,673
.
3,533.664
Rosin
Spirits turpentine
Tallow
_T.
16,694
14,284
216,504
1,784
10,080
12,6*0
3,019
bbls.
19,928
3,378
4,504
48,726
2,152
bales.
Wool
351,860
260,903
Hops
Naval Stores—
Crude turpentine
Butter
Cheese
Lard
Rice.
740
133
hhds.
Sugar
-
99 G
pkgs.
bbls.
Stearine.,.
bales.
bales.
40
bbls.
galls.
-
Hay
314,401
bbls.
bbls.
bbls.
pkgs.
Oil, lard
Oil, whale
pkgs.
333,614
1,778
9,957
112,928
Domestics
66,631
Turpentine, crude —bbls.
Turpentine, spirits... bbls.
1,727
385,555
bush.
bales.
168
10,654
2,082
bush.
bush.
pkgs.
tons.
1,430
168
190
....bbls.
bush.
Caudles.
Coal
Cottou
1,978
92,3 5d
'
Rosin
Tar
Pitch
Oil cake
Wheat
Same lime
last year.'
1,017
112,298
bbls.
bbls.
121,573
130,487
'''
bbls.
Brcadstutfs—
Flour, wheat
Flour, rye
Cora meal
1,121
1,009
bales.
Hops
lbs.
Beeswax
Since Jan. 1.
19
bbls.
bbls.
Ashes, pots
Ashes, pearls
30,623.585
11,998,108
4,657,777
181,046
50,905
218,637
7.G50
3,658
Week ending
Oct. 14.
381.963
30,850
No.
The
595,293*
47,84.3
54,4-8
G95
bales.
Articles of Domestic Produce.
table,
based
upon Custom House returns,
following
shows the exports from New York of all leading articles of
domestic produce for the w'eek ending with Tuesday last; also
the exports from the 1st of January, 1884, to the same day, and
for the corresponding period in 1883 :
Exports of Leading-
Receipts of Leading Articles of Domestic Produce.
The following table shows the receipts of leading
Week ending
[VOL.
Direct Line to
France.
Railroad Securities
AGENTS FOR
Ocean mill* €o.
Atlantic Cotton Mills,
Peabody Mills,
Clilcopee Mfg. Co.,
llerton New Mills,
White Mfg. Co..
Saratoga Victory Mfg. Co.,
Hosiery and Yarn Mill*
Bliss, Fabyan & Co.,
New York,
Boston, Philadelphia,
SELLING AGENTS FOR LEADING BRANDS
BROWN Sc BLEACHED SHIRTINGS
SHEETINGS,
DENIMS, TICKS, DUCKS, Ac.
AND
PRINTS,
Towels, Quilts, White Goods Sc
Drills. Sheelings. <£c..
Hosiery
for Export Trade.
ESTABLISHED
1S55.
EUGENE It. COLE, Successor to
Sears
STATIONER
&
Cole,
and Stationery.
XMT New concerns organizing
promptly executed.
No. 1
From Pier (now) 42, North River, foot of Morton St.
Travelers by this lino avoid both transit by
railway and t lie clisconiftors of crossing
in :i small boat.
AM F.U1QU K, Sant elli..
Wed..
CANAD A. Kersabiee
Wed., Oct. 29.1 1*.
Wed., Nov. o. >
ST. GERMAIN, Bonneau
Prick or Passage (including wine):—1To HavreFirst cabin, $100 and .380; second cabin, $00; steer¬
English
the Channel
„
will have their or¬
WILLIAM STREET,
(QANOVER SQUARE.)
DESCRIPTION; IXCOME;
Oct. 22, 7 A. M.
M.
A.M.
age, $20—including
turn tickets at very
wine, bedding and
utensils. Re¬
reduced rates. Checks on Banque
Trunsatlant iquo, Havre and Pari,sin.amounts to suit.
Special Train from Havre to Paris.
The Compagnie Generale Trausatlantique delivers
at its office in New York special train tickets from.
Havre to Paris. Baggage cheeked through to Pans
without examination at Havre, provided passengers
have the same delivered
Now York. Pier 42 North
at least two hours before
,,
1884.
JULY,
_
PRICES; DIVIDENDS*
Price in Red Leather
To
Subscribers of the
WILLIAM
79
at the Company s dock in
River, foot of Morton St.,
t lie departure of a steamer.
& 81
Covers,
- •
$1 00
75
Chronicle,
B. DANA & CO.,
WILLIAM STREET, NEW
FOR
YORK
SAFE.
Chronicle Volumes
LOUIS DE BEBIAN, Agent.
No. 6 Bowling Green.
'
AND PRINTER,
Supplies Banks, Bankers, Stock Brokers and Cor¬
porations with complete outtits of Account Books
ders
GENERA), TRANSATLANTIC CO.
Between NEW VOItK and HAVRE,
SILVA Sc MRS. BRADFORD’S
(.formerly Mrs. Ogden HoflYuan’s) English, French
and German Boarding and Dav School for Young
Ladies and C hi Id ren, No. 17 West 38th Street,
Mme. 1>\
New York, w 11 re-open Oct. 1.
be made by It tter or personally as
Separate at ,d
£ept. 21
Application may
above.
limited class for little, boys begins
SINCE
1870.
since 1870 has
and re¬
Parties having
from the pub
complete sets
Any office possessing these volumes
at hand for convenient reference a complete
liable financial history of the period.
the more recent volumes can obtain
Ushers most of the earlier volumes, or
can be furnished.
79
WILLIAM B.
81 WILLIAM
&
DANA Sc CO.,
STREET, NEW YORK
@FedFRASER