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xmm
HUNT'S MERCIlA.NTS' MAGAZINE,
RBeKKdJfiNTlNU
THE INDUSTRIAL AND GOMMKRCUAL INTPIRKSTS OP THE UNITED STATES.
[Entered aooordlng to Act of Congress, In tbe year 1891, by W.u. B. D4xa
YOL.
Iq the ulHue o( the Llbr.trliio ot
SATURDAY. OCTOBER
53.
(incliiilln«t
$10 20
postage)
NO.
21. 1891.
O.]
1,37*.
change was
Payable in Advance:
Terms of Sabscrlption
CunKrem, WitahlnKtoo, D.
Speculation in share properties on the New York Stock £x>
less active than in the previous week.
Contrasted with the corresponding period a yt-.ir ago-the falling ofiT at New York reaches 10'9 per cent, but In the total for
the remaining cities the decline is only 2-8 per cent. The cities
showing the heaviest ratio of gain are Grand Ripid', 9i-i per
%\xt ®ItV0UicIe.
For One Year
M Oo..
do.
6 10
For Six M<)Utb3
11 50
Eiiroiwan 8ii\iscriptlon (Includius poataue)
6 75
EuroiH'iin Snbscrijitlou Six Montba (iucludiuK postage).
«2 Sa.
Animal Subscription In I^ndon (IncludluK poatage)
do.
do.
*1 9a.
do.
Six Mos.
cent; Houston, 86-.J ; Memphis, 85'6. and Los Angeles, 23'8
per cent. There are a number of [Kiinls at whioh the losses are
important, notably Dallas, ioii per cent Chaitan(x>ga, 87"8;
Fort VVortli, 33-3: Lincoln. 28-6; Wichita, 24-6; and MilwauThesf prices Include the Investors' Supplemkst, of 150 paees kee, 24'4 per cent.
of
Jan.,
Mar^h,
May.
tuned everv other uiouth, on the last Saturdays
•»•"« «.M«'»0ct.8.
ir-.t «»«»-» OcfoOff 17.
Jnly, Sept. and Nov., and furnished without extra charge to all
subscribers ot the Cbbonicle.
:89l.
1830.
P. Cmt.
1881.
P. Cent
A file cover Is furnished at 50 cents; postage on the same U 18
cents. Volumes bound for subscribers at $1 00.
744.253.814' 812.971.407
—U-«
-10i»J 7^9.744.113
Sew York
Snbacrlptiona will be continued until doflnltely ordered stopped. The .*U« of—
tkara.)
(t.904.760)
(1.469,441)
(1,899.276)
(-I*
iSUxlu
publlsliers cannot he responsible for remittances unless made oy drafts
bala.)
(618.0001 (-|-16-8)|
(574.300) (i1?ll
(751.500)
;
I
or Post Ollice
money
(Cotton
orders.
Terms of Advertising—(Per Inch
Onetime
One Miinth
space).
$ 3 50 Three Mouths (18 times). .$25 00
" ).. 43 00
(26
times).. 11 00 Six .Mouths
" ). 18 00 Twelve Mouths (52 " ).. 58 00
I
(1
(8
Two Months
|
Boston
Providence.
Hartford
.New Uaren
Messrs. Edwards & 8.iiith,1 Drapers' Gardens, E. C.,wlll take sub
•oriptions and advertisements, and supply single copies of the paper at
Is. each.
B. DANA & Co.. Publlslierii'
102 William Street, NBW YOUK.
Post Officb Box 958
WILLIAn
Chat the total
bank
made up by
Lowell
.Sew Bedford
Total
New
England...
$574,399,9(17
80.583,100
««19.626,164
94.866,312
61,255,643
1891.
New York
BMton
Phlltdelphia
Baltimore
58.6'il,082
Chicago
Be Loals
N«w Orleans
til,
Seven
all cities,
11 olUea,
Total
The
6 days ...
days
cities,
Otlier cities, R
Total
11.312,980
189,122
19,871,634
9.398,735
1
5 dsys..
day
all cities tor
week..
t8:i5,26e.810
)50,ie5,9t<3
12,07,',777
-1-4
-6;!
+7-9
75.212.000
17,966,190
-rlO-6
+8-1
131,971,060
20,160.534
2,360.000
l,561.99i
1.108.703
-1-3
10,163.334
8.723,258
1,48D.912
Joseph....
Sioux Cfty....
915411
lie* Molnee...
833.1:15
Wlohiu
672.208
461,368
418.71 6
1J!74,89'
.
.
.
iimatia
l.lnooln
Topeka
Total Other Weatem..
i;*
-8-0
136.358,839
9,680,186
8,875,360
6,289,617
6,331,868
6,160,967
2,32 .,407
1,617,956
1.106,001
726,073
758.906
St.
week covered by the
-|-8»9
1.197,68
188,259.68
996,803
Paaf
+0-2
above statement wQl be given next Saturday. We cannot, of
course, furni.sh them to-day, bank clearings being made up by
the various clearing houses at noon on Saturday, and hence In
the above the last twenty-four hours of the week have to be
Below
in all cases estimated, as we go to press Friday night.
are our usual detailed figures for the previous week, that
covering the returns for the period ending with Saturday
noon October 17, with the comparative totals in 1890.
In the aggregate for the week under review there is an in
-10-7
+38-4
10,171.28J
9.970,007
6,8<M,26«
4,501.141
4,716.257
2,9.0.882
l,«58.'Wa
Kansas City
i40,s;';,4:3
»l,2»5,6a9,449
+0-8
-2-1
-1-9
1,780.601
.Minneapolis..
St.
Denver
Daluth
$1,187.216,495
-fo-i
13,677,400
7.579.438
8,317,474
5.353,204
3,6u4,100
2,006.690
1.910.629
974.601
27,162,834
-t>-2
-i-3
-6-2
»0,117,-i54
803,500
-1-8
216,239,600
46-0
-H-8
-24-4
13.1:12.050
9.91U.9U8
6.168,983
6.517.215
3.^78.100
2,325.503
2.010.147
865.125
2,4u8..t54
Angeles.
9.5!lP,350
«l,040,3bl<,849
01.193.819
19,902.640
Total Paolflo.
St.
Lonta
.New Orleani...
Kort Worth....
+6-2
10,652,060
10.604,671
6,38;45t
+8W
-16-e
-8-6
-11-8
+8-6
-l4-6
-81-S
-H-5
28.204,338
10,8e>,456
23,165,9.0
11,878.703
7,7«e,32«
4.851,10«
-WO
48*
82,55.'S,806
-ll;4
9,077.104
0.708.810
AilanU*
Savannah*
4119.!"
-(-14-8
-84-0
&,
8.648,l<35
+5«-5
8,386,624
2,352,718
8,484,9X9
1,6«S,j01
-I-4-8
-W2
+86'«
-4»-«
l,n9.167
-8r8
-ar*
6*8,000
084.336
473,688
+U-1
-*n
-88-1
1373.400
e2.8«0.8«l
eS,871.96»
IM^M^
1,388,044,800
|
Total all
crease in the whole country of nearly four and a-half millions
~»00,i«7.«<4
Of dollars, there being a decrease at New York of fifteen and OnUl de Mew York
• Kot inolnOed la totals.
a-half millions and a gainat all other cities of twenty millions.
1
616,07S,SW
-^8-0
+12^
-(-12-1
"42.917,899
48T,8»5
650,000
Total Sontbara
-88-1
"~+0i»
I^xlngton
-*8
+•8
-a»o
~+V
"111774,846
asil,018
-6-1
838.800
"42.117,725
UHMM
408,000
-Vorfolk
I'battanooga....
Blrmlngliaai...,
-18^
-U-5
-81
86,344,892
-7-S
860,1100
Dallas
4-M
-1*«
"~-10-3
-86^
«>lt2.a37
3,479.544
8.500,000
1,986,580
8,870,581
Memphis
v&i.aa6
1.174.256
616.2M
Oalvuton
.Saahvllle
-HJ-3
+14-0
-16-7
+3-4
-(88S
448,876
6,9Ui>,20t
Klohmond
-hO-4
-1-2
+3-9
4,215,6aO
6,031,070
8,008,701
1,77«,4«4
993,061
881,081
563,444
654,648
438.471
l.onlivllle
tlouRton
+82-8
-0-8
106,316,529
27,266,658
Iios
-lft-8
l.30-.i.l*i3
-6-1
—6-0
1,23.1.311
664,lt04
«890,572,438
(985,422.133
201.794,382
full details of clearings for the
-151
-U1
-8-7
1,731.159
~-8r«
l,79o..178
Tacoma
-t2-5
-21
-61
-lS-8
-14-S
1^78,362
5,47>1.807
bake City.
+2-7
+8-4
-»•*
-6-8
-7-1
-6-r
-0-6
1m,374,117 123,905,686
3.406.300
2.230.955
Seatilo
-160
-4-«
+l»8
808.743
973.020
95,765.026
11,083,300
7,518.076
6,781,273
I'l.rtland
Salt
-7-3
+11-6
65..175.819
1.1.205,S54
13.01 1.311
».0l)«.327
882.607
Iietruit
-192
114,272,506
1,58;>.9SI
.Milwaukee
-2-l!
i
+5-8
8a4,420
929.3/7
f'hicaao
riiictnnatt
-HO-1
-6-4
(+1*1)
99.182,99e|
6,963,800'
8,331,707
1,578.688
1.340.139,
1.248.749
1,311.179
-10-6
1,492.W2I
...
-(9-1
123,599,200
liocliester
ttiitr.ilo
-6-61
-1-2
908.883
483,015
9,21)7.698
1,641.7(10
Battimure
San Francisco.
1890.
69.253.511
U,i»^,li21
15,529,17;
(-6*
(+8J-6)| (32,899.9.10)
(— 82-n/l (1,1S1,U00)
j-lS-0
Wusliintfton..
I'lttaburie
Total Middle Western
Bmting October 24.
116,668,960
81
77,431.510
17.112.621
15.127,851
9,072.121
1,880,620
l-htlAdelpbU..
..
Wuk
913.817
83;,7o8
2.156.612
1.453.191
1,503,617
1.114.90H
1,437,370
822.SI8
741,62^
1.874.667
1,161.708
...
United States for the week ending to-day, October 24. have Cleveland
Columous
liiilianapoUa...
week
and
51,355,last
§1,334,681,338
been $1,187,316,493, against
reorla
Grand Raplda.
629.449 the corresponding week last year.
CLKARHtOB.
107,477.2.34
8.591,50(1
1.408,1
ToUIMiddle..
telegraph, etc., indicates
clearings of all the clearing houses of the
follovring table,
100.534,121
6.485,600
2.353.2Z0
l.fl'.lO.aOo
.'-rracoae
The
(20.299. -.62
(7X8.000)
Worcester
WilniluKton...
CLEARING HOUSE RETURNS.
(36,555.600)
(48l,000>
.-^pnnKfleld
I'urtland
London Asents
WILLIAM B. DANA
iSA. 5
JOHN Q. FLOTO,
buthtU.)
bbU.)
(anrin
iPetroleum
-0-7
107X1
-U-8
+20-8
-6-9
-|-S«
-861
—
80-S
-7-1
~+W
-t?S
-18-7
-l-U-8
8,809,160
8.610,000
1,907,079
8,810.076
7:0,000
480,000
trr»
-iSi
Laosoio
-«l-4
473,000
6a3,»IO
500,000
1,786,779
a8,oaa3M
-rs l,«MM^
^75
H-io*
-u-s
-871
-84-0
+8r8
-4-8
THE CHRONICLE.
Bk5S2
The
First
Number
of our
gTATE MJD
as
[Vol. LIil,
remarked above, record a further increase
in
their
gross reserve holdings.
money, as represented by bankers' balances,
Call
loaned at 5 and at 3 per cent during the week, but the
renewals were made
average was not above 3|
at 4 per cent early in the week but fell ofE to 3^
;
SUffttWEMT
Will be issued next Saturday morning,
October 31, 1891.
'
See colored leaf
nouncement
of
opposite the previous page for the an-
Supplement.
by the
minimum
trust
companies quote 4 per
Time money has been
in active
and a large business has been done. Borrowers
who would not pay G per cent and who have been reloan branch of the market,
call
sorting to the
request,
finding
THE FINANCIAL SITUATION.
Banks and
close.
cent as the
and
also
lenders more liberally disposed as
as to security, have
made
contracts
rates
to
at
the
general features of the markets noted during ruling figures of 4 to ^^ per cent for thirty to sixty
There are no
recent weeks have remained unchanged this week, ex- days and 5 to 5^^ for four to six months.
cept that the tone at the Stock Exchange has improved quotations for contracts maturing in January. For
The
commercial paper the demand is good, and the city
banks and institutions are now the largest buyers, while
the inquiry from the interior is light.
There is not a
very good supply of really first-class names offering, and
lower grade notes cannot be readily negotiated.
Rates
slowly.
sixty
ninety
but
cent
for
to
day
endorsed
recovers
are
per
bills
business
general
hand,
other
5^
the
On
Still, there are evidences of growing financial strength receivable, 5f to 6^ for four months commission house
and vigor among many classes. Merchants for instance names, and G to Q^ for good siagle nam?s having from,
report collections much better and quite prompt, and four to six months to run.
somewhat. So far as this improved 'tone is accompanied by an advance in prices, the advance has been
Confined, as has invariably been the case of late, to
the more substantial properties, those which aiford the
strongest evidence of an enhanced investment value.
The European markets have been without sp3cial
be rapidly marketed the
producers cannot fail to feature this week. The new Russian loan, according to
It should not be over- the reports made public, was well distributed among
develop correspondingly.
is
the staple product of a small subscribers and is understood to have been chiefly
which
looked that corn,
what
we may call the surplus taken in France. Toward the close of the week exand
section
very large
crop because the last crop of a larger section, is not change at Paris on London fell to 25fr. 25^0., indicatas the crops continue
consuming capacity
to
of
The
of gold to Paris from London.
England, however, made no change in the dis-that, but it lowered
not only
has not got the means to make free purchases. Does count rate, and
not this account in good part for the fact that general the selling price for American Eagles to 7C shillings >
The cable reports discounts of sixi
business improves but slowly. And does it not account pence per ounce.
The
though
a
large
consumpthat
bank
bills in London 2| per cent.
to ninety day
also for the further fact
progress,
prices
of
almost
Berlin
it
is
and.
doubt
in
Paris
is
at
open
market
rate
at
is
no
3^
tion of products
2f,
The Bunk of England lost
all manufactured articles continue low and the margin at Frankfort 3^ per cent.
The truth is, not- £384,000 bullion during the week. This, as we aie
of profit continues very narrow.
withstanding the country is obviously recuperating, advised by special cable to us, was due to an export of
health restoration is always a slow and disappointing £425,000 (of which £200,000 was for the United States,
process, and is especially slow when the subject is the £185,000 for Russia and £40,000 other), to the shipcommerce of a country which is basing its hopes of re- ment of £67,000 to the interior of Great Britain and
vival upon crops scarcely harvested as yet, and when, the import of £108,000 from Australia and Portugal.
apparently, a main element involved in the depression
Foreign exchange was easy early in the week, when
false
and
weakened
is
currency.
existed
a
which has
there were liberal offerings of commercial bills drawn
ready for market until about the first of January.
Until that staple comes in, the farmer, in most cases,
Money has made
ing a
movement
Bank
of
but these seemed to be quickly absorbed
and then came a good demand for long sterling, caused
serves of our associated banks and the expectation of fur- by easier discounts in London, which encouraged buying
ther additions through gold imports. According to last of this diss of bills in preference to sight, and as com-'
Saturday's return the Clearing House institutions held mercial drafts were scarce the market grew firmer
$112,314,600 reserve against $100,530,200 a year ago, toward the close for sixty-day bills, while sight drafts
Francs were
and a surplus of $9>f)29,700 against a deficit of $349,- and cable transfers were steady.
That
at Paris
in
1890.
for
exchange
same
date
the
time
fall
of
225 at the
being affected on Thursday by the
Some sterling loan
affords a very promising outlook, and with the addi- on Loudon and they closed firm.
tional increase which the report to be made public have matured tliis week and been jiaid off, and this
show encourages the belief which tended to increase the demand. The arbitrage trading
to-day will
are to
reserves
be
that
ample
prevails
the was comparatively large, but stocks bought early in theyear.
Gold to the amount week appear to have been sold toward the close and"'
the
remainder of
of $2,050,000 arrived on Monday, $750,000 arrived en therefore these ojierations have made little or no
Tuesday and $250,000 on Thursday, making $3,050,000 impression. The opening rates on Monday were 4 81
In the same period our banks to 4 81i for sixty day and 4 84^ to 4 85 for sight, but
for the past week.
gained $2,200,000 on account of Treasury disburse- Brown Bros, reduced the latter on that day to 4 84 and.
ments in excess of receipts. These two sources of new the Bank of British North America to 4 84^. Therql
supply consequently indicate a total currency inflow of was no further change until Wednesday, when Baring,
5,250,000 and as the interior movement West, South. Magoun & Co. reduced the short rate to 4 84, but on,
ditions.
This
is
further progress towards easier conthe natural outcome of the enlarged re-
against cotton
;
.
;
&c., shows a smaller net outflow than last week, the
statement to be made public by the banks to-day must,
the following day they restored it to 4 84.}, while Browa
and short half a cent and tli<|
Bros, advanced both long
j
October 24
THE CURONICLE.
18U1.)
moved the sixty-day rate up to 4 82.
terdiiy Bariug, Magoun & Co. and the Bank of
itisli North America advanced long to 4 8'2 and sliort
Ilk
of Montreal
It will
588
Mon
be
that the companies spparontly ditpotied
September 1891 against 3,512,
of 3,413,471 tons in
Ml
September 1890 and 3,105,394 tons in Septem4 8"), and the market closed steady at 4 81i@4 83 for ber 1889.
For the nine months, however, the conRates for actual sumption for 1891 is nearly
iixty-day and 4 84^@4 85 for short.
2i million tons hoarier than
jusincss were 4 81 to 4 81i for long, 4 83 J to 4 84 for for 1890, and almost 3 million tons heavier
than for
1
tons in
>i
4 84 i to 4 84 J for cable transfers, 4 80 to 4 80^ 1889— that is, 28,203,092 tons were disposed of in
1891,
prime and 4 79J to 4 79J for documentary commer- against only 26,745,551 tons in 1890 and
25,362,209
ial bills.
tous in 1889.
We have stated above that the producAccounts in regard to the condition of the anthracite tion for September was less than a year ago, but that
joal trade continue very favorable, and what is still bot- does not apply to the Schuylkill region,
whence come*
:cr the statistics in regard to the trade are also very en- the Heading coal.
In that region there was an increase
iraging.
Mr. John H. Jones, the Chief of the Bu- of 6,685 tons, whereas in the Wyoming region there
-oau of Anthracite Coal Statistics, has this week issued was a decrease of 47,378 tons, and in the Lehigh region
disslatement for the month of September, and it shows a decrease of 53,980 tons.
For the nine months of the
jn the whole a very satisfactory state of things.
There year, with an increase of 2,840,510 tons in aggregate
was a further reduction during the month in the stocks production, the Lehigh region shows a falling off of
of coal held at tidewater shipping points, and these 112,960 tons
the Schuylkill region gained 1,085,103
ihort,
'or
;
now got down to 568,833 tons, against 703,634
only two months before.
They are also much
stocks have
tons
and the
tons
latter
including some
Wyoming
region
1,868,367 tons,
new producers
like the
the
New York
lower than at the corresponding period of either of the Ontario & Western.
two yca's preceding, the present total of 568,833 tons
Very few returns of net earnings for the month of
comparing with 676,318 tons October 1, 1890, and with September have yet been received, it being rather early
This reduction has oc- for them, but those that have come in are satisfac877,237 tons October 1, 1889.
curred
moreover notwithstanding the
companies tory as a rule. The Baltimore & Ohio shows a gain as
mined a great deal more coal than they had agreed
among themselves to mine.
After having in the
month preceding very closely lived up to the restriction
policy to which
they had pledged themselves, they seem in
September to have resumed
the old practice of disregarding their agreements to
restrict.
The output for the month had been fixed at
compared with the same month last year of $92,388 in
gross earnings and of $35,122 in net earnings on the
Eastern system, but there was a slight decrease in gross
earnings on the Western lines, accompanied by a heavy
augmentation in expenses, so the net of the combined
system falls $20,131 below the amount of a year ago.
September ends the company's fiscal year, and for the
3,000,000 tons
tlie actual production, accerding to twelve months the gross shows 198,702 increase and the
Mr. Jones's statement, was 3,333,404 tons, an apparent net t5,983 increase as compared with the twelve months
'excess of a third of a million tons.
There appears to preceding a result very much better than was suphe some question whether in fixing the output the com- posed possible at the beginning of the year, in
;
—
panies intend to include the production of the out-
view of the short crops of 1890, the reaction in
companies not members of the combination, in general business and other unfavorable circumstances.
which event the difference between the agreed and the The Pittsburg Youngstown & Ashtabula, one of
side
i
actual production
would not be so great as it appears to
But during August, when the output was also
fixed at 3,000,000 tons, actual production went only
146,435 tons over the amount, and the fact that
for September the excess was 333,404 tons shows that
whether the monthly output is supposed to embrace the
the
be.
increase of
outside companies or not, the correspondence between
the agreed and the actual output was much less close in
gross receipts,
Pennsylvania
shows
lines,,
for
September an
$29,394 in gross earnings and of $14,754 in net earnings, indicating that the traffic in coal
aod iron ore
is
comparing well with a year ago. TheChicago & St. Louis, another
Pittsburg Cincinnati
Pennsylvania road, reports a decrease of $45,788 in
accompanied by a saving of $65,816 in
expenses, leaving an increase in net earnings of $20,-
September than in August.
The Richmond & Danville has increased its net
027.
However, though the amount of coal mined was more from $449,554 to $471,277, the Kansas City Fort
than had been agreed upon, it was not quite as large Scott & Memphis from $130,274 to $151,470, and the
as the production for the same month of last year. New Y^ork Susquehanna & Western from $63,694
to
That is, while in Septem\)er 1891 the production was $71,298.
The West Virginia Centralf& Pittsburg
3,333,404 tons, in September 1890 it was nearly a
hundred thousand tons larger, or 3,438,078 tons. It
.likewise appears (after allowing for the changes in tidewater stocks in the two years), that the amount of coal
disposed of by the companies, or apparently gone into
'consumption, was also less than in 1890.
But that is
and $305 increase in
For the month of August the Columbus Hocking
Valley & Toledo has increased gross earnings from $286,549 to $332,134, and net earnings from $115,284
to $171,612. We have been favored with a statement of
the net earnings for July and August of the Cincinnati
not strange, since for the year to date the production Wabash & Michigan, which is owned by the Cleveland
jby previous statements had been shown to be greatly in Cincinnati Chicago & St. Louis, but whose accounts are
reports $1,822 increase in gross
net.
'
j
I
I
i
excess of the corresponding period in 1890.
The
fol-
lowing table furnishes the figures on this point.
Sfptemher,
January 1
(o
Srptembtr 30.
AmikneU* OoaL
1891.
Stock bcKlaniiuf.
of p«rlod
Production
1800.
1880.
Ibiw.
not.
U8,goo
7M.748
8.»a«.iot
Total supplj
Bfk end of period
18»0.
188P.
TbM.
&36,W2l 1,036.107;
(ir.2.i5«
3,«8,0T8 sj8a,88: «B.<ai),273 SS.3M.7W 26.387,2(10
.
«7«,318
3,4I8.i71
18»1.
3.S18.57X
877,237
e8,7;i,»Z6
Se8.838
ae.«u,8W M,w9,Ma
«76,S18.
877,S;i7
S.106,3M 88.tal.0W 2»,7<.Vi6l Z6,3ea.tO0
kept separate.
It appears that this road is
earning a
and above the charges
July being $15,273, and
considerable surplus over
for
interest, the surplus
for
for
August $13,442. The Peoria & Eastern also forma
part of the "Big Four" system
it shows for Au;
gust
a
surplus above
charges of $26,806, against
a deficiency below charges in the corresponding month
of 1890 of
$23,190, an improvement therefore for this
one month of about $50,000.
THE CHRONICLE.
584
The tendency of prices on the Stock Exchans^e apQuotations have been hardpear* again to be upward.
©aing all through the week, and there has also been an
[Vol. LIIl.
tunes, and been drifting towards a lower plane of pros
perity.
The Mobile & Ohio is one of the fortunate few of the
of
though
latter
class
one of the exceptions to the general rule.
increase in the volume of transactions,
than
situation and prospects of this property,
scale
And
altered
the
smaller
course business has been on a much
weeks
development
of the last few years, adds anwholly
few
the
a
activity
exceptional
during the period of
used
in
we have previously had that in
other
many
proofs
being
to
the
is
discrimination
deal
of
ago. A great
making purchases, which of course is a favorable the United States a railroad system, even if possessing
feature; this week the leaders in activity and strength no special advantages as to location or territory, can by
have been New York Central and the other Vander- close attention to details on the part of the officials, and
bilt properties, the first mentioned having reached a careful fostering of the road's traffic interests, be grada higher figure than for many years past the ually raised to a position where prosperity and profit for
Another favorable feature the shareholders are in sight. The truth is, the United
highest since 1886.
demand for States presents so many and such varied opportunities,
the
in
increase
an
been
has
No and population and industries keep so continually exlacking.
had
been
previously
bonds, which
change has occurred in the general outlook. Further panding, ensuring new and larger activity and widening
shipments of gold from the other side have been an- consumptive and productive capacity, that if a managenounced, and apprehensions of stringent money appear ment will only avail of the opportunities ailorded and give
Our industries continue in the property uuder their charge the full benefits, the futo have been removed.
rather a quiet state, but are in Found condition. There ture can never be in doubt, even in the sections not the
has been some European buying of our stocks and bonds, most favorably situated. That is certainly an assuring
but the movement has apparently been fitful, London perspective, for by bestirring themselves it is always
changing its attitude very frequently, one day sending within the power of owners to secure a management
large buying orders and ihe next equally large selling that will be at once honest (honest in the full significance of the word), energetic and efficient the three
orders.
The following statement, made up from returns requisites that ensure success.
The Mobile & Ohio is not a large system. It comcollected by us, shows the week's receipts and shipments
prises less thai 700 miles of road, and it is not supplied
of currency and gold by the New York banks.
—
—
—
W««* BlwHno
Oct. 23, 1891.
Received by
Shipped
N.T. BankK. N.
$3,240,000 Lo98.$l,79H,00e
1,800,000 Loss. 1,350,000
$1,441,000
450.000
Oiirre«cy
Sola
Net Interior
Movement.
t>v
V. Brin'ia.
with a great number of branches. Besides this, the
area immediately tributary to the system has parhaps
been less favored by nature thaa most other sections of
traffic
Eesuit
with
Sub-Treasury
and
operations
gold
other roads, and hence realizes only very low average
imports.
rates.
Week Ending
BHIka' Interior movement, as above
8al>-Trea.9. oper.
Total gold and legal tenders
The
Bank
Binkt.
«1,S« 1,000
20,950,000
and gold imports..
Net Olvinge in
itutof
Into
Banks.
Oct. 23, 1801.
Holdhigt,
$5,048,000 Loxs.CJ.llU.OOO
16,700,000 Oaln. 5,250,000
i22,84T.0OO $20,740,000 G.ln.$2.101.000
following table indicates the
amount
of bullion
Yet
in the face of all these
marked way that
completely changed.
its
-
i
disadvaitages the
property has developed during the last few
a
yeai-s in
such
prospects and condition have
The change
is
well illustrated
the fact that whereas but a short time back
it
ini
was a
question whether the road could be depended oa to earn
|
its
corrosponding date
traffic
now
(under the growth otl(
and income) a clear surplus over and above the
charges,
fixed
in the principal European banks this week, and at the
last year.
Moreover, a considerable portion of the
of the system has to be taken in compatitioa with
the country.
Loa9.$3.1 49.000
Total gold anfl legal tenders
there
is
[
19,601.676
some of the shareholders are grumbling,]
because the management does not see fit to distribul^
said surplus in the shape of a dividend on the stock.
0-oing back a few years and looking for the causes oli3
98.085,000
the change,
charges, and
Oct. »2, 1891.
Sank of
Gold.
£
Bngland
!a,798,383
FraoM
68,499,000
Germanj.. ..
nit.-Hon'y.
83,265,600
Netherlands..
Nat. B'lglum
5,488,000
(,554,000
2,786,667
£
Oct. «S. 1590.
Tottl.
Gold.
£
£
SUver.
\
*
J2,798.38« 19.801,676
49.958.000 102,467,000' 48,369.0iK) 49.816,000
11.OSS.500 «4,S54,000| 23,893.333| 11.946,667
16.740.000 S«,S22.000;
4,942,000 16,611,000
8.017,000
9,571,000
4.792,000 6,235,000
1.393,333
4.180,00o!
»,913,000 1,456,000
Total.
£
35,840,00
21,553.000
10,077.000
4.869.000
it is
easy to trace several important steps in
the road's career which have contributed to bring about
the present improvement and prosperity.
In the fiwt
&
Cairo, giving
Tot.tblB we6k 110,385,550 85,196,833 205,582,3-13 104,410,909 8.>,114,6B7 189,62.i,576
place, the acquisition of the St. Louis
rot.pr«T.w'k 120,542,669 84,952.967 »05,495,8»ai 104.465,232 84.828,000 182i283.2S»
the Mobile
& Ohio
a northern terminus and outlet at
Louis, was evidently a wise move. Not less important was the securing of the services of Mr. J. C. Clarke
St.
CHANGED CONDITION OF MOBILE <&
OHIO.
as President and General Manager
for Mr. Clarke is*
United practical railroad man, thoroughly familiar with th^
States in recent years has presented many disappoint- section of country traversed by the road, and who knows
ments.
Reduced earnings, yanishing dividends and how to develop the possibilities of the system. Then
steadily-shrinking values have produced a situation the adoption of a well-matured and carefully considwhich has been the reverse of cheering, and thout^h ered plan of finauciering, by which the various classes 1
our bounteous harvests ensure a change for the batter of preferred incomes were retired and means furnished
now, past unfavorable conditions have left distinct for supplying the company's needs and placing it in'
marks of their presence in results, and the process of easy condition financially, was also an essential element!
j
racovery is slow.
But the tendency has not been in the new order of things. The providing of motive
j|
entirely in the one direction.
Here and there we find power and equipment for taking care of addi-H
evidences of an opposite course of aSairs— evidences tioaal business, and
the ctrrying out of a judicious' \
ihovring that certain properties have had a
different system of improvements, were aids in the sameand an independent career, and have moved towards direction
for they
made it possible to operate'
improvement and prosperity at a time when so many the road at a minimum of
cost and thus enabled'
other systems have experienced reverses and
misfor- it
to
take
business
at
steadily-diminish'! 4
the
;
The
history of
railroad
properties
in
the
1_
:
\
;
<
i
C)BER24
H9\
THE CHllONICLR
J
which have
rates
como contemporaneously with
585
will be further strengthened and improved by a continuance of the policy that has raised it to its present prom-
^extension of the traffic of the system, and which,
were necessary to secure sucli extension of the ising basis. The surplus of $145,213 was used to meet
We get some idea of what has been done in in part the year's requirements for new equipment and
ly of providing additional facilities by examining new constrnction. The company has about two milllona
5d,
ic.
company's rolling-stock. On Juno
now
0, 1887, the road hud only eighty-eight engines
of
just
an
increase
25
per
cent
which
is
in
has 110,
The number of freight cars in the same
our years.
leriod lias been increased from 2,2G2 to 3,338, or nearly
per cent, and the number of construction cars has
11 increased from 105 to 176, and the number of
-senger cars from 56 to 66.
As regards rates, the decline has been really striking.
Twelve yoars ago the average received per ton of freight
As recently
jer mile was almost 2^ cents (2'48 cents).
18 1885-G the average was as much as 1^ cents per ton
iiile.
For the late year the average was only a little
These figures
or seven-eighths of a cent (0"89 cent).
for the
Mobile & Ohio proper and do not
ire
include the St. Louis & Cairo, where the average is
jtill lower, and where there has been a decline from
1-489 cent per ton mile in 1886-87 to only 0-802 cent
And yet in the face of these low rates and
in 1890-91.
the large decline in them which has occurred, the road
'exhibits of the
mortgage bonds, by the sale of part of which it
could reimburse itself for the outlays made.
But theee
of general
;
command a high enough price
warrant their sale. They bring 66,
think that for a four per cent interest-
bonds do not at present
in the
market
to
'
and the officials
paying bond that
is
too low.
The
reason
for the
low
found in the past situation of the property. It
is only recently that doubt as to the ability of the company to meet full cash interest on these bonds has been
removed. Should the management maintain the old
conservative policy the bonds will doubtless gradually
apj)reciate in value, and a better opportunity be afforded
price
is
of disposing of those in the treasury.
The Mobile & Ohio is in the position of a business
man who for a long time has found it difficult to make
both ends meet, but who has finally reached a year
where his business has netted him a good balance on
the right side of the account.
dictate that such a
man
Sound judgment would
should keep that balance in his
business, and thus improve his prospects for the future,
show steadily-improving results as to rather than draw the money out and devote it to perThere is a further consideration that
earnings and income. AVhy ? Because the traffic of the sonal uses.
road has been developed in such a marked way, in part should influence stockholders in the Mobile & Ohio to
In 1885-86 the freight prudential action. The road's traffic is so largely comas the result of these low rates.
movement of the road was represented by less than 98 petitive that it is absolutely essential to good remillion ton miles
for 1890-91 the amount was 226 sults that the property should be kept in excelmillion tons. The St. Louis & Cairo in 1886-87 carried lent
condition,
both financially
and physically,
in 1890-91 it carried just four so as to cope successfully with rival lines.
Out of 226
million" tons one mile
tmies as much, or 80 million tons.
Thus the gain in million tons of freight moved one mile in the late year
traffic has been so large that even with declining rates on the Mobile & Ohio proper, no less than 174 million
revenues have steadily risen.
The earnings from the tons is classeil as competitive freight, and out of 80
freight traffic were $1,464,000 in 1886-87 and no less millions carried on the St. Louis & Carlo 58| millions
than
010,000 in 1890-91, while in the same time the was competitive. The average rate on this competitive
freight revenue of the St. Louis & Cairo advanced from t-affic was only 759 thousandth of a cent per ton per
There has also been growth in mile in the one case and but 714 thousandths of a cent
$298,000 to $642,000.
has been able to
;
;
I
;
I
*••.',
passenger revenues in the interval.
As
a
result of
in
this expansion
in
revenues,
se-
the other.
Considering the requirements of such a
wisdom, especially
situation, it is evidently the part of
time like the present, to keep the treasury situation
its resources by the payment
The object must be to improve the
of a dividend.
company's credit, to the end that it may borrow, when
est
on the general mortgage bonds, but also a borrowing becomes necessary, on advantageous terms.
surplus over and above such amount.
The surplus for Such a policy will also be best for stockholders. It
the twelve months is $145,213.
The amount of the may keep them out of a return for a time, but it will
out of plans having
has been raised to
a position where,
as stated above, it has earned
not only all its charges, including full cash intercured through
end
that
'
<
the
carrying
the
view,
road
stock being only $5,320,600, this
capital
over
in
H
per cent on
it.
The
result
is
is
equal to
as to
how
easy rather than deplete
make dividends
surer
when they do come.
satisfactory and
pleasing, but, as already intimated, there are differences
of opinion
at a
the surplus should be
treated.
THE RAPID TRANSIT PLAN.
The subject of rapid transit for New York City has
think that an immediate
and these holders criticise more than a local interest. Every one whose business
Mr. William Butler Duncan, the Chairman of the brings him to New York, or who comes here for
Board, for not yielding compliance to their wishes. As pleasure, is interested in seeing the means of transit
we understand the situation, however, Mr. Duncan, between the different parts of the city made quick, easy
knowing that the best interests of the company do and pferfect. Hence the report of the Rapid Transit
not warrant such a course at the present tin^e, is firm Commissioners published this week will attract wide
in the determination not to make a dividend.
and general notice.
The need for better facilities of travel is urgent. At
We cannot but think that the attitude of Mr. Duncan is to be commended. A wise, conservative policy present there is no way of going quickly from one end of
Some
of the stockholders
distribution should
follow,
were to be regret- the city to the other. The elevated roads are a decided
ted if a different policy should be entered upon now. improvement on the horse cars, but they do not meet
Assuming that the property can be brought to yield the requirements of the situation. They are performpermanent returns to stockholders, the time for the be- ing ft useful public service, and they have contributed
ginning of dividends can be deferred with advantage. in no unimportant degree to make the upper end of the
Wonderful progress has been made, but the property island accessible, and thus to add to the value and dehas been pursued in the past, and
it
THE CHRONICLE
686
[Vol. LlII
We
do not share of a deep-tunnel system would not meet with favor.
While such a system would we presume be just as safe
on these roads. On the contrary, we think the roads as any other, the thought of going down into the bowels,
have done remarkably well— far better than there was of the earth, far away from all sunlight, is abhorrent to
any reason to anticipate they would do when they were most persons, and they could not readilj' overcome the
Still, one cannot shut his eyes to facts, and a dread of making the journey, and would not make it
opened.
patent, undisguisable fact, with which New-Yorkers if any other means of transit existed which offered
These are
are confronted every business day in the week, is that reasonably quick even if inferior service.
the means of transit supplied by the elevated roads are mere sentimental considerations, but they are cousider-^
ations which are entitled to much weight.
If it were
entirely inadequate to the city's needs.
Least of all do the elevated roads give us vapid possible to obviate it, no form of underground road,
At the hours when there is the most need for would be tolerated ; unfortunately, however, the undertransit.
quick service that is, in the evening and the morn- ground method seems to be the only one available for
Birability of property in that section.
who
•the views of those
are heaping indiscriminate abuse
—
—they break down completely.
At such times
ing
easier, as
well as
more pleasant,
suburbs on Long Island or in
reach one's
home
in
Harlem
it is
the lower half of the city.
But while accepting
the-
go to one of the inevitable, the public desire is to have the underground
Jersey than it is to road as near air and sunlight as circumstances will
to
New
or Yorkville.
That
is
to
permit.
New York
There are, however, practical as well as sentimental
than it is to stay in New York. The cable cars on the objections to a deep tunnel scheme. These objectiona
Brooklyn Bridge handle a hundred thousand passengers are carefully set out in the Commissioners' report. A
or more every day, easily, expeditiously and safely. And deep-tunnel road, they show, would require elevators as
the tide of population is turning very strongly in that a means of access, and stairways would be necessary in
We were surprised recently to find how addition. Modern and improved elevators, they add,
direction.
many of the present residents of a suburb on Long would doubtless provide for the regular volume of
Nor traffic at ordinary stations, but are not believed to bfr
Island had formerly been residents of Harlem.
does there seem any way to make the elevated adapted for large crowds such as must frequently gather
" Stuirways one
fill
the
requirements
of
the
case
re- on a line of transit under Broadway.
roads
hundred feet more or less in vertical height would be
quirements wiiich call not only for quicker service
but also for capacity to handle a steadily expanding " of no avail as sources of relief for crowds moving
and would
dangerous
traffic year by year.
The engines are not powerful " upward,
be extremely
The Commisenough to haul heavier loads, and the structures are not "for crowds moving downward."
strong enough to support such loads, while the platforms sioners
show a proper grasp of the problem
are entirely inadequate to accommodate them.
Then when they maintain that ready accessibility by means
the roads are lacking in terminal facilities, and have no of short, broad and commodious stairways, suppletracks for running through express trains independent mented where necessary by elevators, is alsolutely
of the way trains, so that the limit of speed is that essential.
This would not only give a feeling of
fixed by the service which provides for the making of security to those using the road, but would provide
stops and the letting off and taking on of passengers at security.
Moreover, ventilation and drainage are very
every station. In a word, the elevated roads, though important, and the difficulties in regard to these, as th»
very useful, cannot furnish the kind of transit esjieci- Commissioners well say, increase with every foot of
ally required.
The further conclusion of the Commission,
depth.
The Rapid Transit Commissioners appear to have that a deep, subterranean line, with elevators, would
been fully alive to the necessities of the situation and not attract short-trip passengers, and that the shortsay, it is actually easier
to
get away from
i
—
'•'
earnest in their determination to provide a solution of
As far as can be judged, too, at the
the problem.
trip business is essential for the success of a
road th»
which approximates that of a four-track tunnel
New York, is also founded on sound commoa
cost of
time, they have been successful in pro- in
a plan which, if the
means to carry sense.
it out can be obtained,
promises to furnish the
As to the routes selected, an obvious criticism is that
city with transit on a large and comprehensive scale, they do not take in certain important sections of thecapable of meeting both present and probable future city.
Below 59th street the Broadway line will be out
needs.
The report is undoubtedly an able one, and is of the reach of the population of a large part of the
thorough and exhaustive. The arguments in favor of West Side say persons residing on Ninth and TentU
present
posing
—
the various features of the plan, and the reasons tliat avenues or further west.
The East Side line could
infiuenced the Commissioners in their action, are stated with propriety be termed a central line.
It is laid out^
clearly and with much force.
Two main routes are as already said, along Fourth and Madison avenues, and
provided, one along Broadway and the Boulevard, and hence will lie far to the west of the Second and Third
the other diverging from this at Fourteenth street and avenue elevated lines, and must accordingly be unrunning along Fourth avenue and Madison aveiuie. available to a considerable proportion of the poijulatioa
There are
to be four tracks
routes
the upper end of the city
till
yond that double
tracks.
on the same
The
level over
both of the
reached, and beroad is to run through
is
tunnels for a great part of the distance and thence
by
viaducts, and the tunnels are to be built as near tlie
surface of the streets as regard for sewer pipes and
water-
River.
tions,
been overlooked.
It
was
felt
no doubt that having ia
both cases the elevated roads to serve them, their
needs would be met by relieving those roads of
mains and the foundations of underground structures
the
will permit.
Side all the way up to the Harlem
But we are not to suppose that these seceither on the West Side or the East Side, have
East
congestion
of
traffic'
which
now
interferes
with their rendering quick and efficient service. The
This latter feature— namely, the adoption of shallow opening of the new rapid
transit lines would have the
rather than deep tunnels— is undoubtedly the
feature effect of removing this pressure, and thus the elevated
that will most commend itself to the public.
The idea roads would be free to develop and serve the interests
'
OCTOBER
THE CHRONICLE.
24, 18UI.J
On the
'ft the populiition niitarally tributary to them.
*her hand, tho now linos while tending to give relief to
.
Russia's ambitious designs upon Turkey had
already become plainly revealed ; and tho deatruction o(
the fleet of the latter left her at Russia's mercy.
From
c everytliinj; else called for,
'I transit linos will
merely
not supplant the elevated roads,
supplement
own
•lop its
alike by tho stat-j of things in Greece
and by the massacre of the Janissaries
and in
thus permitting both to two campaigns, the victorious Russian General Diebitsch
them
special fields,
—each
being
free
Of course
o.ifficient
it is
amount can be secured to carry out the
But certainly there ought to be
- difficulty under a scheme having the merits of
that
ow submitted than under any other. Should the
ntcrpriso find the necessary financial support,
York will
iisnrate
with
at last be given a system of transit
its
;
was in possession of Adrianople.
yet to be determined whether capital
undertakings.
.V
cii[)pled
to
..ain their highest usefulness.
,11
obvious.
same time furnish what is
namely, means for quick that time down to the present tho wisdom of tho
upper
and lower ends of the judgment attributed to tho Duke of Wellington haa
between
tho
travel
mgh
—a class of traffic which tho elevated roads can been more and more clearly seen, because Russia's
In other words, tho new purpose in the direction of Constantinople has never
r hope to provide for.
;. while
taking some of tho existing traffic, will ceased to be active.
Wi'-hia a few mouths Russia
Looked at in this way, the took advantage of her opportunity, Turkey being
ite much new traffic.
elevated roads, will at the
\
,
687
needs.
then
was the treaty thea
first brought the
question of the Dardanelles prominently to the front.
By the treaty of Adrianople, September 14, 1839, Russia obtained such concessions as made her mistress of
tho eastern shores of the Black Sea, with full privileges
of navigation of the same.
All restrictions were reIt
signed between tho two Powers which
com- moved from the navigation of the Danube; and the
Dardanelles was thrown open to the merchant vessels of
all
nations, without distinction, at peace with the Porte.
In the matter of trade and commerce,
Russia gained
immensely by this treaty.
NA VARINO
W.
It soon became manifest, however, that she had not
Among the more interesting items of foreign news gained all she wanted. The treaty of Adrianople did
ived during the course of the week was that regard- dot give much satisfaction among the European States,
the celebration at St. Petersburg of the famous but no protest wa3 raised. A change, in fact, liad begun
:
.al battle fought iu Grecian waters
in 1837, and to come over the Europeiu mind in regard to the affa.'ra
ring the name of Jfevarino.
A feature of the cele- of tlie East. Russian growth and ascendancy began to
tion in the Russian capital on Tuesday last was the bo viewed with alarm.
It was no longer Turkey which
nchiug of throe ironclads, one of them, .the largest was the dangerous power it was Russia. This feeling
most powerful, taking the name of the naval en- was not improved by a series of events which tended to
liter referred to.
Russia's advantage.
Mehamet Ali had turned his arms
I'he name Navarino is more than ordinarily suggestive against his master
and his son Ibrahim, after a series
the present time.
It carries the mind back to a most of victories, was threatening Constantinople.
The Sul-
AND NO
I
;
I
i
;
resting period of
European history
and
has an
tan called in the aid of the European Powers.
Russia
but France and England
iich we have not yet seen the end.
Greece was then refused, threatening if Russian interference went too
in
the throes of that
revolution which secured far to go to the aid of Egypt.
In the emergency, and
for her
the sympathy of all the
civilized na- somewhat disgusted with the othar Powers, tiie Sultan
tions.
The Turk, however, refused
yield signed with the Czar, July 8, 1833, the treaty of Unkiar
to
;
it
imate relation to a long-continued series of events of
demands
and
the Turk had a powand skilful servant in Ibrahim Pasha, son
'A the ruler of Egypt, Mehamet Ali.
At the head of a
fleet of 130 ships, of which eighty-nine were ships of
war with 3,438 guns, he terrorized the Hellenes and
ravaged their coasts.
Meantime a treaty looking to the
enforcement of peace was signed in London, and the
illied fleets of England, Erance and Russia appeared in
ician waters.
Greece was to be tributary but otherwise independent.
Ibrahim at first yielded to the
'lemands of the allies; but, provoked by some doings of
Greeks, he let loose his forces on the coast of Messeuia, and inflicted terrible damage.
A collision was
now inevitable. The allied fleet, which was under the
imiand of the English Admiral Codrington, was
her
to
;
erful
'
responded to the
call for help,
and in a
secret article agreed to close the
war vessels except those of Russia.
In this treaty the aggressive purpose of Russia was
made unmistakably and oft'ensively manifest. It was
Skelessi
;
Dardanelles to
all
hardly conceivable that
Mehamet Ali was no
it
would be allowed
to last.
better pleased with
this
last
treaty than
were tho Western Powers, although his
reasons for dissatisfaction were different.
He had been
robbed of what he considered his gains ; he had been
hindered of his purpose ; and the Sultan had provoked
him by an attempt
to recover
Syria,
which had been
secured to the Egyptian ruler by the previous treaty.
Ibrahim again wins a series of victories. The Turkish
Admiral revolts, and places his fleet at the service of
the Egyptian General.
The way to Constantinople ia
"ciik in comparison with that of Ibrahim, consisting of again open and the situation is all the more serious that
lOnly twenty-seven ships with 1,276 guns.
But there Mohamet Ali has set his heart on the Imperial Throne
i> no comparison of the skill
which was ranged on of the East. It became a necessity for the Powers genher side.
In four hours, during which for a time erally to interfere, if Russia was not to bo allowed to
iree thousand cannon thundered, from five thousand have things absolutely her own way
for Russia, it was
-^ix thousand of the Turks and Egyptians were slain,
known, was again ready to take action. But they were not
all of one mind, France having already, and for purposes
the entire fleet was in fragments.
Action waa
It was a great victory.
It was a great victory for of her own, espoused the cause of Egypt.
;
;
I
Russia, although
was not one in which she bore off
It was noticed at the time that the
Hike of Wellington caused the king to speak of the
victory ai an "'unfortunate event."
The reason was
it
the highest honors.
I
—
taken by England, Russia, Austria and Prussia Franca
ultimately agreeing
and a convention was signed la
London, July 13, 1841, by which peace was secured.
;
According to
this
arrangement,
it
was agreed,
among
THE CHRONICLE
688
I
Vol, LIII.
\
and the
other things, that the Straits of the Bosphorus
LTFS ANNUITIES.
should
usage,
ancient
Dardanelles, in conformity with
The increased attention which has for several year
as long as the
be closed against all foreign vessels of war
past been given to annuities in the practice of life in
Ottoman Porte should enjoy peace, the Sultan reservand the prospect that they will play an in
surance
firmans of
ing to himself the right, as of old, to grant
important part hereafter make it wort!
creasiugly
p^sage to small vessels of war employed in the service
them.
few companies in tli
consider
while
to
This treaty, it will
of ambassadors of friendly Powers.
little with annuities, but not mi
done
a
have
country
Nicholas.
be seen, was a complete set-down to the Czar
have published rate tables for them, and they are
He bore it, however, with as good grace as posssible, as
even
now treated distinctly or prominently in the ol
humbling
in
successful
he felt satisfied that he had been
We find as below for 1883 the returns o
cial reports.
disliked.
A
Louis Philippe, whom he heartily
the annuity business of the companies represented ii
This treaty remained in force until the outbreak of
We have addei
this State which give a record of it.
It is unnecessary to go into
the Crimean war in 1854.
figures
for
the
years
1889 and 1690
the
comparison
for
of this great, disastrous, and in
details as to the causes
Bome important
fruitless,
respects
Suffice
war.
the radical cause was Russian ambition.
We know the result. The treaty of Paris which followed the war was very much a repetition of the arThe Danube was to be free,
rangement of 1841.
to say that
before.
as
The
Sea
Black
was
neutralized
ships of war, including those of Russia and Turkey
were to be excluded, except a small number of light
all
vessels to protect the coasts,
to bulla fortresBCS in said
and Russia was forbidden
sea or on the shores.
By
^
it
a
Equitable
.
GermatUa
.
-.
-ISSii.
Rpc'ved.
Paid.
»13,e61
J5e3,lll
62,089
8,519
Jiec're-d.
J'.ii.i.
»536.730
11,296
6,326
iiM.it
1,715
464,409
1,160.000
24,047
509,051
1,870,380
1,160,753
1,870,809
709
8,759
24,140
18.861
1,715
801
5,014
137
United States
Washington
Mutual Benefit
Penn Mutual
.1890
,
>
4,112
Home
Manhattan
Mutual
New York
1889.-PnUl.
.
JifC'i^ed.
$208,880
16.590
2.460
3,157
82,8C5
tl32.823
2.190
..
8,932
1,51T
14,983
8,262
38,206
14,332
/
PrOT. Life & Trust.
Travelers'
»,600
87,122
10,304
41,234
21,970
8,728
950
2,815
748.598
iiailt
1.27<l»
4.700
3.000
90
2,306
13,206
23jE
1.M
Note-The Northwestern reports receipts on this account of $1,822 and
Phoenli of $900 during 1690.
th*
j
special convention
Rusiia and Turkey agreed to limit
—
the number of vessels on each side to ten six of them
not to exceed eight hundred tons and four of them
not to exceed two hundred tons each. It is obvious
Below we give a
of ages to represent the present practice.
j
Age at
high degree obnoxious to ttartUig.
that this treaty was
40
conforegone
was
a
Power.
It
Northern
great
the
45
clusion in fact that Russia would take advantage ."iO
the
undo what had
The opportunity came in 1870, when
first
opportunity
to
been done.
France was helpless in the grip of Prussia. On October
30 she issued a note declaring that she could no longer
be bound by the Treaty of Paris as to the number and
size of vessels whicli she might maintain on the Black
As England could not at the time go to war
Sea.
alone for a clause of the Paris treaty, and as Bismarck
was willing to do Russia a favor, a convention was held
in London; and on March 31, 1871, the clause providing for the neutralization of the Black Sea wa» abroThis time Russia gained a victory.
grated.
The next stage is marked by the Treaty of Berlin.
The commencement of that war was quite as strikingly
illustrative of the persistency of Russian purpose as was
the commencement of the Crimean war. Into the details of the struggle we do not need to enter.
It is the
same old story Russia pressing southward and westward on the one hand and Europe resisting on the
In no document was Russian purpose more
other.
clearly revealed than in the treaty of San Stefano.
But
Europe would not have it and the Treaty of Berlin
took its place. Not to mention the other numerous
features and provisions of the treaty of Berlin, it confirmed the arrangement of 1854 in regard to the Dardanelles and the arrangement of 1871 in regard to the Black
Sea.
Russian purpose and Russian persistency were
again revealed in 1886, when, without consulting any of
—
;
Old rates
Purchase
money for Annuity
an aimuitu /or $100
sunk.
o/*100.
$7-47
.... *1,339
7-91
....
1,264
8-,i8
....
1,165
9-66
....
1,035
11 19
894
....
,
in a very
of
table of rates for a sufficient numbeii
55
60
05
70
75
80
.
tiie
tioii
$100
of
23-2
24-5
20-9
17-4,
14-1
ii-i:
l-2-()6
H-08
8-5'
16-22
18-41
8-31
4-4l
purchase-money|
which may be obtained an annuity;
the first payment to be made in one!
for
of $100 for life,
It is noticeable;
year from the date of the transaction.
that there has been a considerable increase in the coat of'
annuities or decrease in the annuity value of a dollar prinH
same thing), and we should add that!
means certain to be main-i
The payment of annuity may bej
tained very long.
made semi-annually or quarterly at some increase of
cost
thus, at 50 as age of entry $100 sunk will bujj
$3 90 and %1 93 semi-annually and quarterly, which ii;
16 and 24 cents less in the year than by the annuali
payment. To the above we add, for comparison, thei
cipal (which is the
the present rates are by no
|
;
"expectation of
life
pare, as below, the
" at the ages given. We also com-i
rates with those obtainingi
American
in Great Britain.
Agt
of
Starting,
American Rate,
$100 Sunk
buys an Annuity of
—Bight
British Offices.
,
British
OovernnuM
Maxi-
Mini-
Aver-
mum,
mum.
age.
Rate.
50
?797
60.
10 25
f7 33
9 77
$6 98
8 99
$7 15
8 05
$6 21
8 05
70.
14 08
13 20
X2 65
9 20
1172
These
rates, in
both countries, are on male
female lives the rates
lives
;
I
I
i
i
on
somewhat higher. The
American company whose rates we quote makes an
the Powers, she made Batoum a close port, and pro- extra charge upon female lives as compared with male
ceeded to fortify the harbor. In the same line of policy, up to age 48 when writing insurance, which meaM
and illustrative of the same ancient hereditary, undying a difference in mortality unfavorable to the female ;
purpose, were the recent experiments with the transports the higher annuity charge upon females, on the conin the Dardanelles.
trary, would suggest that they are reckoned more perThe chain of events from Navarino till now is a long sistent survivors as annuitants. The fact is that the
one but after all that war and diplomacy has been able higher insurance rate is according to experience the
to accomplish, Europe is still facing the same difficul- higher annuity rate has no mathematical basis.
ties and is perplexed with the solution of the
The simple interest received by the purchaser of an
same great
are
;
question.
j
ii/e-'
years.'
sunk.
«6-71
7-22
7-97
8-92
10-25
829
710
616
543
first
,
EqaiealetU of
o/«100.
$1,490
1,383
1,255
1,120
975
15-78
2O-05
25-62
This skeleton table gives
down
Purchase
money for
an annuity
12-88
776
634
499
390
to be paid
Present rales.
.
\
i
;
annuity ranges from 6"04 per cent at 40 to 7'96
at 50|
!
!
OCTOBEi 24
[:25
THE CHRONICLE.
IH91.J
at 60, 14
84 at 70
luid 18-45 at 80, it
beiug always
lerstood that these are the ages of setting out,
latter
and
an annuity (unless in some case by a special agroi-never increases. Comparing *100 annually with
amount which will purchase it, it is plain that the
ipany is promising much larger return than it can
;
to
it would be speculation in
individual lives, which is a proceeding
only for ir.-esponsible ooncoms.
Such conccroi
have in fact been addicted to it, and it bcg4n in that
way. as may bo said of life insurance also with meaiureable truth.
It is now hard to believe, says the London
s;ifu
:)
from the use of the deposit money
be done, only
tie duration of
t
lize
oould
6S9
pay seven
Review (insurance), that there was ever a time when,
without reliable data of any kind on which safe prioei
(ighteon dollars a year for the use of iilOO, or $100
lar for the use of $543 to 11,489, looks at first sight
coulil
be calculated, single
individuals were eager to
But the recompense comes in sell annuities on the lives of other persons, equally
the contract, and in this insoluble ready and eager to buy them, and that the entire
a losing bargain.
exhaustion of
incertainty as to the duration
of
the life contract
annuity business of Great Britain was of this sort.
It
was the sheer spirit of gambling, and so understood.
lie
the difficulties and perplesities of the business. An
•inuity may bo called the reverse of life insurance.
ill
lie
looks forward to death as
he reaping of the benefit in
its
money
The annuity depended on the
and honesty of the
and the hazard
was so well recognized that the purchase price of an
annuity then seldom exceeded its value for seven yeari.
The British Government, under Mr. Pitt, attracted
by the large profits at that time derived by the leading
life insurance offices, thought there was an opportunity,
and therefore devised a scheme, for reducing the
national debt by means of annuities; those were in
ready demand, but a mistake was made in using the
Northampton mortality table, which was quite unsuited
consummation and
;
seller as well as
the other begins
ended by death. One pays instalments
the company periodically and is to withdraw a lump
sum at death the other pays in the lump sum now and
One, we may say,
begins to withdraw instalments.
the
.contracts to give an uncertainty for a certainty
" once
and
is
;
;
Dther gives
business
is
the certainty for the
a Tontine in essence, in that each
receive a return largely
to
pi his* deposit,
but
is
The
member is
uncertainty.
beyond the current earnings
to forfeit at
death his int«rest
were offered too low,
In our own times the WaterWorks Company of the city of Manchester, with a better opportunity for knowledge, undertook an annuity
scheme by which about £100,000 loss was incurred in
The Government,
a little more than twenty years.
the fact that the share of each decedent reverts to the
is
life
of the buyer,
with a disastrous result.
;
survivors until the last
life
to the purpose, so that annuities
but there is this very great difference,
that successive deaths do not at all affect the income of
the survivors, while in a Tontine the moving spring is
the survivors
to
on the
gone.
one wishes to take an individual case as illustra- however, on discovery of the error, repaired it, and
tion, one will find that the fund is diminished each year have gone so far in the other direction that, as already
by the difference between the annuity and the actual shown, the Government price is more onerous than
'earnings realizedjon the fund itself, and that the rate of that of the companies.
diminution is progressive.
Starting at age 50 and asAn annuity is a good thing in cases where it fits, and
suming 5 per cent, the deposit is exhausted within 19 it is 80 unlike insurance that there is little likelihood
years; at 4 per cent it does not last quite 17; at 3^ per of any case arising where it is reasonably doubtful
'cent 15 years will consume it. If the pensioner of 50 ful- which of the two fits the better.
Naturally the man
fills his "expectation," then he more than consumes the
whn seems to have a long life before him thinks he can
If
do better with money than to sink it for a life stipend ;
on the other hand, a company is not likely to pick ui*.
good bargains in the shape of very shaky annuitants,
for if a man is satisfied he cannot possibly last more
principal and its increment, upon any interest rate,
and the few persistent ones who hang on to a still
greater age become a still heavier burden.
This is
compensated in the insurance element. In each case
the buyer of an annuity insures himself, the "self-insurance" here differing from that in life insurance in that,
in this aspect, each one does it for himself and stands
alone.
He
stakes his entire deposit for the
first
than a few years longer he can consume his principal
himself, with the chance of also having some romainder
to
endow
survivors.
Yet
in case of old
the dollar view only are'an increasing care
year,
men who from
upon
relatives,
he dies within that year the company has the an annuity may fit excellently, for its avails will pay
deposit without drawback.
In the second year he the relatives for their care and give an inducement
virtually insures his life with his entire deposit, less to keep the man alive to the uttermost, whereas an
such portion of the "year's annuity as he could not or in urance on him would not only lack insurable interest
would not have earned by handling it himself. And but would throw the inducement upon the wrong side.
so on forward.
Every year his stake, upon his lasting Of course this sordid view is not pleasant, but it exists
• year more, diminishes.
in real life, and in some cases where relatives were
"
The expectation" given above is for selected lives, about to attempt the appointment of a guardian over
and naturally the vitality standard would be a little the property, on the plea of senile incompetency, by
lower among annuitants, since the company has for converting the coveted property into an annuity (a very
for
if
no standard of health and no medical examina- quickly done and quite final transaction), the position
There is, moreover, an
Naturally, the stronger a man believes himself has been adroitly shifted.
be the less he feels drawn towards life insurance advantage, too obvious to need pressing, in exchanging
tthose
ition.
!to
the cares and worry of business and the risks of investments for the peace and serenity of an assured income
without further thought than to watch for the dates of
pure and simple ; the shakier he thinks himself the
better he thinks of insurance and the lower his estimation of an annuity.
Either way, as the company wants
him more he wants the company less, and vice versa. drawing it.
It will not refuse him the annuity because he is too
The London Review, while saying that the everhealthy, nor will it invite in the tottering by the bait decreasing interest rate allowed by the Government is
of_ a higher stipend.
On arithmetical grounds the practically putting Government annuities out of the mar'Both bocanHc of its rcmsrtabie virirtness and dramatic Interest, and ket, 80 that the rates upon them are Valuable mainly for
\
I
Bjeause it collaterally Ulu8trate.s this subject, we suiree.st the re»dlng
of an EDKiiah storj:, •• TiiB Great Tontine,'" by Hawiey Smart.
'„,„.„„„„
„jJc tUat
»Ka
that tue
reference, adds
oala 01
nf A.-iirArnmnnt
annuitiea
uovarnmeni, anauiliea
sale
THE CHRONICLE.
590
has not shown any falling
off,
the amount of stock
price
increase in annuity business
is
among
KEWYOKK
the companies.
offered as
bonds, 4c
and bankers
BankluK bouse, furniture and Srtures
Due
fnini biinks
Otberreal estate
I'S^l-^S
i-egal tender notes and cert'fs of deposit..
Bills of other bonks
3,130.287
893.923
Exchanges for Clearing House
Current expen.scs and taxes paid
Premiums on U. S. bonds
Othor resources
Surplus and undivided proHts
policies in present cash to beneficiaries of policies ter-
minated by death.
1.204.9119
l,161,6(-8
I;i3
6,88O,80M
228,745
P^'*'!
264,258
,?,2'?J3
"*"Si'^i9
639.135
9.451,154
1,115,477
Notes and
bills payable
liabilities
$11,816,000
7,517,722
»46.319.06(
28.860,331
18,285,810
142.339.8(iC.
2.168,11
3.107.e«
11.702,««
12,191,9«
62,31(
5,218.212
1.115.17f
i,22r."6ii
f.l71.723.C83
Total
e39!31«
$76,569,636 $748.283,31(|
12.191.91fi
Individual deposits
Other deposits
Due to banks and bankers
30,678Jfiil
987,007
112,601
Dividends unpaid
26.0a8,(
2.556,187
208.5;^.
„.
{
|l(!8.208.(l
9,930,195
.585,040
e3).63».090
19.312.012
Circulation outstanding
other
(
$171,723,883
'.
Total
(
1,560,134
LAabilities—
Capital stock paid In
an alternative to receiving the avails of
J58.073.C38
1,680.209
5,6il0,.'S88
Specie
insurance practice
118
28,618,309
15,008,579
l,8^9.0(9>j
8,063.391
Due from reserve agents
Tottl
SaiUu.
S79
Sii>'.12.
281
«,.«,n. ««..
(110,1:11.995
Uvsiiurces—
LoBiiB uml discounts, inel. overdrafts
Sl^icks.
State Uanlcs.
Sept. 25.
Number
as afterthought and alternative, being incorporated in
the options offered for settlement of Tontine policies,
and
totals for State bani
Banks.
lint.
(Other ttanN.V. City and Brooklyn).
of the intrinsic comfort of annuities, and
because the decline in interest which reduces their
yield also narrows the field of investment and heightens its difficulties, annuity business will doubtless go
on increasing in this country. We should add that
life
The
Brooklyn.
do not include either savings banks or trust companies.
Because
annuities are also working into
New York and
cities of
having
annually transferred as the purchase
varied little from £900,000 during the last seven years;
the reason is that the purchasers are among a class
with whom ancient traditions die hard, and the
[Vol. LIII.
1.22i.«a
$70,539,636 $218,283,311
Condition of St. Louis National Banks.— The abstract
banks in the City of St. Louis
has also been received from Mr. Lacey, and from it and from
previous reports we have prepared the following, which covei&
and for purposes of
the results for Sept. 2.5 and July 9, 1891
comparison the figures for the last year (Oct. 3) are given.
of the condition of the national
IMPORTS AND EXPORTS OF GOLD AND
SIL VER
AT SAN FRANCISCO.
;
The CoUeotor of Customs at San Francisco has furnished us
ST. I.OUIS.
this week the returns of imports and exports of gold and silver
Number
for the month of September thrfiugh that port, and they are
Sept. 25.
Jill], 9,
1891.
isi'l.
9
9
0.t.
2,.
1890.
8
tii'^ti'iLf'CCS^^'
given below, in coDJunction with tlie figures for previous
The imports reach a
montlis of the calendar year 1891.
heavier aggregate than in any other month of 1891, the total
of gold being $1,137,711—largely from Australia— whUe of
silver there was imported from Victoria, Mexico, &c., $197,519
There has been received during the nine montlis a total §2;,
999,311 gold and §2,103,420 silver, which compares with $1,760,330 gold and §2,684,130 silver for the like period of 1890.
The shipments of gold for September were $75,000 coin to
Honolulu and $23,332 coin to China. Of silver China took
$730,434 Mexican dollars and $15,300 bullion, and $194,800
Mexican dollars and $39,000 bullion went to Japan. For the
nine months the exports of gold have been $1,117,753, against
$961,742 in the same months of 1890, but only $4,813,139 silver
has been sent out, against $5,063,515 in 1890. The exhibit for
September and the nine months is as follows
loans and discounts, Inelud'g overdrafts. $27.889.0?9
Stocks, bonds,
so
Due from banks and bankers
Uauking bouse, furniture and fixtures.
^•'^Ss-'iti
l.i
.
95.910
2.»19,be3
i*^„
792.0C1
128.701
3.280.123
^8o.S19
7i;..88r
2.021.877
23;,002
1 fi''"'*^
1,679.808
211.178
],25«,230
41.110
109.437
108,121
o2''^'2''2
.
Ottier real estate
Gold coin and cortitlcates
8ilver coir and certificates
l.egui tender notes and cert'fs of deposit.
-
of other banks
Kioliangos for Clearing House
Current expenses and taxes paid
Premiums on U. S. bonds
Other resources
Bills
SO.i-ia
105.125
107,603
$13,372,878
Total
»28.fl04.120
2.9«9,5i:7
2,80.5.064
$10,931,415
$29,507,971
2.00f..3SI4.00ri.rt9C
7^S,837
OKJWC
2.3411.314
711,116
2,610
l(j'.l«l
1,111 ,196
7i',79c:
l-,4.1fi9
i;.!'.r.33
$15,(.S:,C21
Luitritities-
$10,OoO,000
Capital stock paid in
2,3ij9.920
Surplus and undivided profits
Circulutiim outstanding
*'''''?SS
Dividends unpaid
,
^'i^
17,S8o,899
Individual deposits
Other d oposlts
Due to b jnks and bankers
Notes and bills payable
^°?i'ssi
12,2o0.ao3
65,000
$43,372,8:8
Total
:
GOLD AVD SILVER AT SAN FRAXCISCO.
IMPOBTf" OF
[From our own correspouaent.]
SILVER.
ai05iaB.
huUtu/t
Vviri.
*
489.210 37,738
248.604 16.570
26„508 19,217
35.185 21,846
15,092 23,920
1891.
Jmuiury.
Ftfbruary
Xarob...
Aoril
May
Juue
526,94f^
265,17-1
45,72S
57,031
39,012
30,471
106,201
30,4', 1
J"iy
38,408
67,733
September
755,1!<8 35.710
790,938
1,(118,285 119.426 1,137.711
Tot. 9 mos.
,655.815 343.39612,999,2 1
All ruBt
F.XPORTB OF
31,922
35,840
21,288
11,627
17,060
41.005
41,180
146,!)72
16.471
BuUUnt.
192,692
207,003
207,206
213,456
163,598
164,030
227,510
183,912
181,048
Total.
224.614
242.843
228,491
225,083
180.658
205,035
268,690
330,484
197,510
362,965 1,740,455 2,103,420
GOLD AKD SILVER FROM SAN FRANCISCO.
SILVER.
BvlVn
Total.
Coin.
Bullion.
Total,
1891.
January
;
176,602'
98,628,
876
72,843
158 100
122.895
326
Way
Jjue
147,7291
July
AU)!U8t
149,263
91,117
97,3i2
.
February.
March
April
September
Tot. 9
London, Saturday, Oct. 10, 189tJ
During the week ended Wednesday night, gold somewl
exceeding three-quarters of a million sterling was withdraw
from the Bank of England for the United States, Germai^
and Egypt. It was generally expected, therefore, that (M
Thursday the directors would raise their rate to 4 per cen|;
The coin and bullion had then been brought down to abo^
23>^ millions sterling, and the reserve was under 14 millions
The outflow of coin to Ireland and the provinces is
sterling.
still going on, and the withdrawals for abroad are likely to be
large.
But the Directors made no change. Apparently they
believe themselves unable to raise rates in the outside market
since the joint-stock banks wiU not support them. For the
monjent the supply in the outside market has been increased
by the payment of the interest on the national debt but
probably next week there will be an advance. Meantime the
competition in the outside market is so great that money from
per cent and the discount rate is
day to day is freely lent at
mos
ieo
172
177,478
98,628
73,163
158,100
123,0."^ 5
147,901
90(1
Io0,l(i3
825
91,942
97,322
1.114.4981 3.253' 1
,
1 1
297,373
286,168
303,983
433,466
222,860
510,536
580,982
819,318
925,234
7,752 4.379.920
183,400
140,450
24,000
40,069
44.300
297,373
286.168
487,383
573,916
246,660
510,536
580,982
859,387
969,534
432,219' 4.812,1.39
Condition of New York Banks, National and State,
Outside of the Cxttes of New York and Brooklyn.—"We
have received this week from Mr. E. S. Lacy, Comptroller of
the Currency, the abstract of the condition of tlie national
banks in the State of Nesv York outside of the cities of New
York, Brooklyn and Albany, and also the abstract for Albany,
at the close of business on Friday, September 35, 1891. From
them and from the latest statement of condition of the State
hanks—that of September 12— kindly furnished by Mr. Charles
M. Preston, Superintendent of the New York State Banking
Department,
we have
results .for all
compiled the following, which gives the
the banks in New York State outside of the
%
only about
The
fi}g
silver
demand
Indian demand
speculation,
and the
per cent.
market continues
the
for
is less
very quiet. There is no
Continent is small,
than it has been for a
the
long time past. Last year, it will be recollected, the exportof the metal to India were on an enormous scale. Evidently
they were larger than the country required for the moment,
and it will be some time, therefore, before India is able to obsorb all that has been sent. Meantime, however, the exports
are very large, and by-and-by a demand will sjiring up. Just
now, on the other hand, it is to be recollected that the rice
crop has failed in Madras and some other parts of the country;
and further, both in China and in the Straits Settlements there
has recently been a very wild speculation in mining and othei
The
has followed has involved the nativ*
Very many of them have beer
ruined, and the banks, especially in Singapore, have sufferec
shares.
crisis that
speculators in heavy losses.
OCTOBKR
THE CHRONICLE
21, 1801.1
As an
inBtance of how heavy the looses are, it may
be mentioned that iho chartered Mercantile Bank of India,
heavily.
London
&
China
meet
states tliat to
this
week hai
a sum
)!•
issued a report in
losses iti.Sin^i^apore
which
The weather has not been favorable during the WMk. Thvre
has been a good deal of rain and much wind,
but the wheat
market i« Rtill very quiet.
The Board of Trade returns for September compare with
it
year appropriated
year it has to take £135,it
691
last
of £75,000. lu addition, this
Iiom the reserve. The two sums together make £300,000;
those of previous
months
as follows
1801.
:
800.
TUfffrmer,
PtrOt
M
»uU besides this all tha profits of the present year are Kone, so •InimiNpy,...,
33,711,082
88.143.8150
—
4.4(>3,7fl8
-Il-.-.t
it no dividend can be paid.
There are three other banks I'l'iTiiary...
:)3,3 11,3.14
31,01H,m2
+ 2,202..112
7:ii»
f
Mnrrh
3!\,2S3.0.M»
3A, 140,33 I
^oing biLsine.ss at Singapore, and it .is understood that two of AprU
38,fm2,537
3r>.080.212
Miiy.
3i,377,<l»)*
33,34 .OO.t
hem have lost nearly as much as the Chartered Mercantile June
S«,H.%U,1U4
32,020.20.'!
.. .1
he fourth has escaped more easily. Still there U no fear of •'Illy
S2,H'.>4,I11
33,082,(12«
- -77
Aiii:»»t
32,74(1,270
31,322.807
4 1.423.»88
f 4-M
erious embarrassments in any of the banks. They are well Hcptember
31,180,301
S5,a&l,b8ti
-l,3«V,3t)7
- S-83
nanaged, and they have boldly faced the situation and proved
!> inontlli!.... 311.878,181
300,02.5.138
1-71
+9,293.043
hemselves equal to it. The price of silver is44;^d. per ounce.
The total exports for the past nine months show tbo folThe stock markets have beori uncertain in tone this week.
lowing contiaat
he American department has been stronger in con-iequenco
1891.
1800.
IUfferetut.
PerOt
Export*.
the recovery in New York on B'riday of last week. But
a
£
M.
Jiiiiimry
19,834,315
21.RHrt,7.52
l,7.-i2.l87
—
8-U
hough the large operators are as confident as ever, and look Kotiruarjr
20,470.»i21
21,081,228
— ni3.(l«7 - 2-»l
21,B«3.378
20,0117.022
,.59B.:j.-.«
7-«6
rard to a further considerable rise, the smaller speculators March
+
April
20,010,006
20,344,3(17
.574,090
2-82
-f
tve lost courage and have been selling all the week. It is May
10,744,473
2-'.91().770
—
3,Ht0.3llO
—+ 13-9J
'"lie
21,434,309
yi.ii.lJ.sl?
—
-45
08.418
Blieved that most of them have now cleared out, and a very >"ly
21,94.5,112
24,321,336
-2.37.1,2 a
- 9-77
A»!tu«t
20,670,480
22,817,009
—2.1
rly advance is looked forward to. In other departments,
17,120
Hcptomber.... 20,7I>3,.543
2i,704,077
— 1,071.131 - s-ae
Dwever, there has been much weakness. In the first place,
uionthe.... 187,475,306
107,450,587
—9.081.1111
— 9'0»
he German and Austrian Bourses are depressed and the sales
Exports of foreign and colonial produce were as follows
9m both are so large that it looks as if Paris were unable to
1891.
1890.
Difference.
Per Ct,
orb all the stock offered. The Credit Fonder loan has not
£
S.
S.
latitiary
— 300,149 - 8-ao
4,380,802
4,779,951
en as great a success in France as was expected, and already
I'Vbriiary
9,862,215
5,309,507
492.708
+ 017
he Russian losm is at a discount of from }4 to %. It is said that Mirth
.5,91.5,458
—+ 391,1144 6,327.102
619
AlTll
5,535,1.52
4,8.59,746
675,406
+
+ 13-89
his is due to the unwise conduct of some of the banks formMi»y
—
5,447,331
15-89
6,476,915
-1,029,584
5,lO0..549
— 491.700 - 9-66
4,612,7.59
ing the syndicate. They have ofifered their clients a discount Jiiiio
July
0,101,233
.5,443,(33
630.800
+ 12-14
-h
of
per cent if they will subscribe. Many of their clients Auffiiat
3,657,451
-30-71
5,279,199
—1,021,748
Septoinber....
—
4,353,478
9-35
4,599,738
246.280
have readily accepted, and are now selling at the discount
months
....
45.897.870
49.242,160
mentioned to cover themselves. Over and above this, the re—2,341,281
— 4-80
port of the Chirtered Mercantile Bank of India, London and
The following return shows the position of the Bank of
China has made a bad impression, especially as it was fol- England, the Bank rate of discount, the price of consols, &o«
lowed immediately by a report of the Bank of South Aus- compared with the last three years :
isni.
1890.
tralia announcing that the whole of the reserve had to be
188).
vnn.
Oct. 7.
Oc(. 8.
Oi(. 9.
Oee.ro
appropriated to cover losses, and that in addition £6 per share
£
i:
s.
£
Oiroulatlon
2fl,18J.390
i!6,»I.»70
25.201.740
25.«3«.U
•.vould be written off from the capital.
The report came as a PabHodeposlts
4,8l;,310
4.rt53.;rti
7.1li9.i78
4,410.931
loniplete surprise and caused much indignation, for about Otherdeposlts
31,217,813
28,033,171
2!!.5Bl.0U
21.701,77
12,663.01'.!
17..>1S,503
17,957.«0l
IS.ie9.S8>
two months ago, when the shares began to fall heavily, the <30TerQiDent securities
27.3'>.,.078
Other securities
-^1,111.(110
20,OSS,919
20,7»«.»*
directors issued a circular stating that there was no reason for fteserTe
13,923.933
lOMl.lOi 10.511.919 11.093.3fS
23,6JI).S83
2J,328,S7S
19,i32.3a.i
19,519,a;>9
the depreciation that had taken place. It is now said that Corn and bnilion
Prop, assets to llabllitles.per et.
Sl!<
38.)$
:««
S«!4
they acted on the advice of their manager in Australia. He
3
5
s
Ban rate
perct.
5
has since been removed and the new manager has recom- C(ins.>l9 2J( percnat
97 3-13
95 It-ia
91 13-n
vm
1
«
Impobt*.
«
,
1
;
-|-
-I- 1
»U
%
l£
steps that have now been taken.
Naturally,
however, the report has caused fears that other Australian
banks; may be in a bad way.
The best informed are of opinion that there is little foundation for the fear.
There is no
doubt, of course, that losses have ensued from the wild speculation in real estate that went on some time ago
but for all
that it is believed by well informed persons that the banks are
juitc safe.
It may be added, as telegrams from New York
-ay that apprehension is enter ained there of serious financial
difficulties in London, that the best informed here are convinced that there is no ground for the apprehension. There
will of course be failures froqj time to time.
After such a
crisis as we have passed throuufh that is inevitable.
But no
•Tious failure is likely to occur.
Abundant time has been
f;iven to make the necessary preparations and it h;is been
mended the
;
fully availed of.
Subscriptions to the Russian loan were invited siraultane-
on Thursday morning in Paris, London, Amsterdam and
It amounts to 500 million francs, or £19,775,000,
the issue price is £7817-0perbondof£9S'17-16— being just
Cloarlng-House returns
........ 132.923,000
13>,n.)2,ii00
13
12i.OS7.O0O
!..'>9«.O0O
rhe following shows the imports of cereal produce into the
United Kingdom during the first five weeks of the seasoa
compared with previous seasons :
cwt
ffheat
Barley
Oiit<
Peas
Beans
Indian corn
Flour
1891.
8.04 1,259
2,311,901
1,513,113
110.513
492.077
1.878,432
1,577,210
1398.
1890.
8,63 ,473
1889.
6,000.748
2,999,960
1,210,293
90.917
100.137
2.9>».).ll9
6.0.19.211
1.017,!»05
1,644.120
1,99-', 404
4J3.883
260,422
4,'20-i.O'>4
3.141,792
1,378,108
2.B15.-J91
1
1,410,106
120.98-2
160,.505
1,S15,110
Supplies available for consumption (exclusive of stocks
September
oo
1):
1888.
1800.
8.031.473
1,110,191
1889.
0,0 10.718
1,578.4!>8
4,379,0ti.^
4.7.5.5,119
2,017,213
12,177,94J 14,420,737
1890.
1891.
3ts. 2(1.
Aver, price wheat week.Sls. 4!.
329. 7(1.
Average price, season.. .378. 7d.
;,39 1,305
10,801,843
1889.
3(L
1888.
30*. 7a.
344. 8(1.
1891
[aipart8afwh«at.cwt. 8,0i4,2.>9
tmimrts of flour
1,577.240
Sales of home-grown. 2,550.450
Total
e.939,-ill
1.81.5.419
29.1.
209.
9(L
lily
openhagen.
lid
!>out
'Q%
per cent.
Knscllab Financial lllarketa— Per Oakle.
The daily closing quotations for securities, Ac, at London
»re reported by cable as follows for the week ending Oct. 33;
The Board of Trade returns for September and the first nine
months of the year are fairly satisfactory— somewhat more so
indeed than those for August
tion that the exports to the
when we
take into considera-
United States were swollen
last
year by the efforts to anticipate the McKinley tariff. The
value of the imports for the month, compared with September
show a falling off of £1,363,000, or about 3/^ per
For the nine months there is an increase of £5,253,000,
or about 1% per cent. The decrease in the value of the ex-f last year,
•nt.
ports of British
and
about
Irish
8%
produce and manufactures was
per cent. For the nine months the
decrease was £9,984,000, or about 5 per cent. Some improvement in the cotton trade is beginning, as it is anticipated that
owing to the smalt crop there must be a rise in prices by and
y. and the better feeling in the iron trade also continues.
€1,071,000, or
Sal.
Lon.<ioi\,
Silver,
per
or.
d 44»m
Jfon,
ri(«.
440,8
P5S,8
44'a
95»i,
yred.
44U„
r/iwr*.
m.
44»,« 44»,«
!»5
99«„
95
Consol8,new,2-li pcrots. 9ft»8
95l.«
951 ,
95
9.5» .
ilo
05^1,
95%
for account
95-92% OO-nij 06-10 95-82% 95 -67 >•
Fr'cli rentes tin f"arU)fr. 96-20
IJ.
S.
4'3Sor 1801
U. s, 4!ior 1907
Caiia'lian PaclHo
Chlr. Mil.
St. Paul....
&
103
120
nm
77
103
120
91'4
70 "4
106
128 >«
1051*
NaAhvUle.. 8178
75(4
Movican Central 4s
H. Y. Central & Hndson. 115 '4
y. \. Lake Erie 4c West'n 31%
do
2d COM
:108>a
.SorfnlkA Western, prof
Northern Paoiflo, pret... 78 >«
57 '4
Pennsylvania
Si's
75(4
114>4
3l>s
Illini>i8
Central
Utke Shore
Ix>iiixville&
Philadelphia & Beading.
Union PaclHo
Wabagh. pref
2m
42%
3I»H
l-.>8>a
103
l-.'O
91%
70
105 >a
128
81<s
103
120
9l\
77%
121
91V.
77%
103
121
91>e
77^
I06'«
107%
100%
128%
1-29
1-28%
81%
79%
108 4
75 >«
119
31
103
.551s
.55 1«
59%
78
77»i.
78
57'8
21 's
42^8
31
97Hl
lie
317s
100%
21
57%
21%
4'2>e
42°ii
31
103
31%
H2%
75%
117%
31%
109
99%
78
97%
21%
42%
Sl%
81%
75%
117%
31'ii
109%
94%
77%
57'»
31%
42%
30%
THE CHRONICLE.
592
[Vol. LIII,
National BA.^^K8.— The following national banks havt
lecentlr been organized :
4,«30—The Commercial National Bank of Sioux CHt. lojya. C«pit«l'
*150,000. President, Jonathan W. Brown Cashier, Louis HBrown.
Imports and Exports for the Week. —The imports of last
week, compared with those of the precedinR week, show an increase in dry goods and a decr-»ase in general merchandise. The
total imports were 57.854,570, against 89,567,186 the preceding week and $8,330,547 two weeks previous. The exports for
the week ended Oct. 20 amounted to 18,442,094, against
NEW rORK.
IMPORTS INTO
CPommevctal and I^Xtscellaueoiis IUcms
Ih91.
1880.
General
General
Aferchandiu.
Ory
Merchan-
Goods.
Ooods.
dise.
;
$8,347,644 last week and $9,768,989 two weeks previous. The
following are the imports at New York for the week ending
(for dry goods) Oct. 15 and for the week ending (for general
merchandise) Oct. 16; also totals since the beginning of the
first week in January.
FOREION IMPORTS AT
For Week.
Cton'l mer'dlse.
$10,163,816
$7,854,570
$96,193,011
325,510,911
1.
I
Total 42 week».l$377,740.28i) $404,137.128 $441,899,895 $421 ,703,922
In our report of the dry goods trade will be found the
imports of dry goods for one week later.
The following is a statement of the exports (exclusive ol
pecie) from the port of New York to foreign ports for thf
we«k ending Oct. 20 and from January 1 to date
BXPOKTH PKOH N£W TORK FOR THE WEEK.
:
1889.
1890.
Prev. reported.
$5,903.0911
$7,022,903
231,894,150, 273,302,373
$8,442,094
290,014,9(j8
wm^
i
and 18S9
BXPORT8 AND IMPORTS OP SPECIE AT NEW TOBK.
Exporlt.
Imports.
Oermany
West Indies
Uezico
South America
All ether countries.
Total 1891.
Total 1890.
Total IHSfl.
Since Jan.
Week.
1.
$4,704,077
8,474.017
3,455,240
1,430,407
54,523
311,053
497,587
$307,170 .$75,331,472 $4,499,3 10, $18,926,903
12,700 18,745,819
240,293
7.528,939
33.205 48,259,820
12,2691
4,919.441
Mxpvrtt.
ereat Britain
France
..'.'.'.
West Indies
Mexico
Boutb America
All other countries..
Total 1891
Total 1890
Totnl l«afl
\SineeJan.l.
Week.
$265,500 $12,624,688
37,590
850,561
216
250,406
43,000
601,665
[Since
43,812:
14,725,369
4.54.650'
16.,550.285
Jan.l
28.068,730
4i.4;9.»l53|
48,44K,39l
9,246.910
38.5!«,e46
May
6.364.0T0' 38.673.101
42.027.531
8.«99.4-o' 33.547,131
42.216,801
8.263.99
15,4S6,497
38.8S7.351
June
9,30I.074i 31.927,564
/nly
August..
September.
i
34,236.319
41,128.638
14,214,70*1
37,2H9,011
12,310.7H7J 31.068.248: 43.399,013
11,149,467
28 851,047
39,487,275
12,738.678
38.662,641
31,140,387
8,818.868
9a.3i8.876l2(^9.817.?I«l,'<91,B36,5m 119.052,523 291.973.253 411,024.j
Total....
EXPORTS FROM NEW YORK.
ODSTOHB RECEIPTS
At Ifew York.
MontK
itm.
I
Jaaaary....
25.506.491
January
27.910.631
February...
iTebruary...
27.000.185
a6,433.24H
March
28.874.476
28.485.251
March
April
29,644.853
28.142.08-
April
29.187.97
May
28.924.487
Jona
28.325.491
k
9,058,92^
May
June
July
31,183,120
27.1-11.440
luly
Aagust
83.353,78«
ay.oso.Bin
•Jeptamber
37,919,406
29,7.)9,03-
Ib90.
,
»
*
16.794,658
12.280.690
10.520,550
7,712,053
'
15,923.aj|
13.888.011
12.369,4
7.450.:i69
9,I3I,21!<
ll,:«1.10»
AUKUBt
10.461.0 12
September..
9,962.117
I
Total
Total
269,6811,012 a''4.95:i.239l
,
,
95.616.691
.
128.at-;
—
Auction Sales. The following were recently sold at au
tii,E by Messrs. R. V. Harnett <K Co.
Shares.
Shares.
50 Imp. &'n-ad, Nat, Bank. 545
600 Ohio Ceutral B.R, Co. $110 lot
98-09%
71 Jf,J, LiKhteiMKe Co. ,.*l,s lot'
40 Farmers' L. & Trust Co. .745
50 Nat. B'k of the Rciniblie.179-;
50 Fourth Nat. Biiiik
5 Union .Square Bank
ISO's
niW
100 San Miguel Gold Placer
'JO Biink of New Amsterdam 143,":
Co
70c. sh. 2C0 MuchaLics' Nat. Bank,. .195^1
The following were recently sold by Adrian H. MuUer & Soiv^J
$79,f00;
163,55.
7,935
1 3 Pacitio Fire Ina.
14 Continental lus. Co
2301
f.
a Oswego & Syracuse RR.
Co (guar. !) per cent by
RR.i
185
U. L. & W.
IST^li
32 Standard Oil Trust
10 Conaolidaled Fire Works
7a||i
Co.,pref
;
Co
Botitls.
9
ifo.OOO City of B'Rlvn Cs Pub-
Park Loan, lyj4, J&J..143'tl
iJS.ilOO Bleecker Ht, & Fulton
Ferry BU. Co. 1st 78, lyOO,
lic
1 4ii
IWa anil
no's
NicaraguaCan. Const.Co. 20
Ward Bank
125
People's Tr. Co. of B'lyn.208
.5,502,816
1,109,508
coupons due November 1 of the Atchison
Comnanv'a
Guarantee Fund Notes will be paid on and af
er that date a?
the National Bank of North America, Boston.
Holder exUndmg the time of the same can receive the coupon interest
due
Nov. 1 between now and that date, as well
as the cash premium
of 1 per cent, at the same time that
their notes are presented
^°«'-
-^
J&D
laaO,
iu^
95*
and iTtuiiuctal
THE MERCANTILE NATIONAL BANK
Capital,
WILLIAH
NBW
YOlMi,
No. l!K Broadway.
$1,000,000 (Surplus A; Praata, $950,00
KilMoaaiCK B. 3C ja.VOK. 0ashl9t,|
ST. JOHN. Presldant.
JA.ME3 V. LOTT. Assistant Cashier.
ACCOU.NTliS "*OLICITE».
I
P.
537,5i:0
128,5861
10,965i
iuterdrti
,$3,000 Cent. P. N. & .E. Rlv.
114 and
RR. Co. 7,s, 1902
$1 ,000 Ohio River RR. 1st 58,
Hanover Fire Ina. Co
1 28
Nat. Bioadway Bank.... 263
12th
a
.•ihares!.
12HomeIns. Co
20
10
375
25
85
$250,990 $1,798,698
—The
'^'""P^"^ "^
Shares.
4 Williamsburg City Fire
Ine. Co
345
12 Germauia Fire Ins. Co. ..176
Ilonson
10 Carr &
Land &
Build'g Co., US 00 each. $10
13 Nassau Firo Ins. Co. of
Brooklyn
140
13 Williamsburg Gas-L. Co 1 10
50 Phenixlns. Co. of B'hlyn.l50
30 Rutgers Fire Ins. Co
107
16 Citizens' lua. Co
110
OK TMB CITV OP
Of the above imiwrts for the week in 1891
?2,014,178 were
American gold coin and 877 American silver
coin.
Of the
exports during the same time 12.500 were
American gold com
matter
15.570,193
6.96,- .738
$117
20,632
301.497
649.201
386,731
137,535
$303,090 $14,503,071
SSg"unT£o.,^LtTor°k^
48,618,071
jQauIittig
Imports.
Silver.
Germany
Since Jan.l
$37,081,697 $2,912,069
16,547,183 1,397,320
17,031.557
11,200
$306,170
3,011,357
158,472
14,213
4,971
1,611,810
8.802
"i.o'oo
33,655
6,476
Week.
35,576,721
1
Oot<f,
Week.
25.438,879
13,041,350
.
$8,333,0031
276,124,371
Totn) 42 wppVs. $237.797.24 1 $280.325.276 $a84,457,374'$298,457.060
rue [olio
caoio dtiovvs DUd e.'cparw and imporcj of s^mcie
at the port of NevT York for the week ending October 17 and
since Jan. 1, 1891, and for the corresponding periods in l;j9
Sreat Britain
France
i
26,181.330
15.795,270
133>4
6 Seventh Nat. Bank
15 Thurber-VVhylaud Co.yf.
1891.
I
For the week..
16.586,805
43.10n,3,.9
1890.
$1,913,024
5,911,546
$2,570,652
8,023,669
Dry Goods.
188S.
42,580,753
29.958,31,5
Uonth,
$11,094,321
$8,631,0.11
28,331.24S
April
1891.
$106.9.«8.337:$111.040,346 $126,634,423
Oeii'l mer'dlse. 270,751,943, 293,096,782 315,275,467
Total
Jan,
Biiice
14.249.50S
13.148.984
Total Merchandise.
1890.
$2,650,007
7,513,809
12,120.775
0,513,266
..
YORK.
1889.
18S8.
Dry Qoods
HEW
Jannarf
February
March
I
THIRD NATIONAL BANK
OF THE CITV OF i\EW VOaK.
Capital,
HBMRY CHAPIN, JB
Accounts
J
$1,000,00
WOODWARD
J.B.
solicited
Cajbler
President.
I
J.
j
FKBD'K SWHA-t? ...As!t.C»sW«
and carefal attention to the interests of
•
DeposltOIV.'l
^
guaranteed.
'
LIBERTY NATIONAL BANK
.....
AND SAFE DEPOSIT VAULTS,
Central Butldlng, 143 Liberty Street.
SSOO.OtfJ
Ba'r^S CAPITAL,
ACCOUNT8 OP BANKS, BANKERS AND MERCHANTS SOLlCITBDi >'
HENRY C. TINKER President.
HENRY GRAVES, Vice-Presliitm^.
JAMES CHRISTIE, Cashier.
not confined to Chicago, but iaclu/es
many corporations located elsewhere. information
Price $3
-The Thorough Cipher Coda for tele^raohinnub'li^h'pH
by Burnz & Co.. 24 Clinton Place, New
York sM^',,?!^
amined by parties desiring a
cVnvrniemlylarran
""^""^^'y arranged telegraphic code see advertisement
'
is
relating to
1
.
;
Spencer
ALBANY
Trask
and 18 Broad
Nos. 16
N. Y.
SARATOGA.
All classes of Securities
STATEMBVT
Tn
on another pane made ,.n fwT
T,
•ddition to the tables
returns, we give the following
also iEHued
Ses
to th« f,,T "''lu^
by our New York Customhouse
Th«flcT?''''
°'*' '"*'*
ment covers the
total
imports of
mer^hanS.
^^
N. Y:
*
Co.,
Olt;-.
PROVIDBNCK,
R. t
Bought and Sold on Commission. Spectsl attentH*
-.-.-.
nirunt. wireto
wlrAt..i each
an„h oBca
n Hn., «n
Direct
and t,7 r'liiU.itilpUft^
3aCUritia.«.
Securities.
S>l'EtJIA.L,
Nbw York-Monthly
&
New York
TaANS.\Cr A GENBK.ili BANKING BUSIMRSS.
Wen to Investment
frlTen
-- ""
loston
lo-*— *nd
rhlrairo
FoRBioN Tradb OP
Street,
S^CITir BONDS
ment« .adapted for
AIOTlCESi.
AND OTHER FIRST-CLASS
aaviaits* baukg, trust funds,
and
INVEST-
lavostcueBM
of Indivlduala are made a proiuineat spejialty lu tha buslaesa ot
Messrs, Blake Baos, & Co., Bmkifs, .>f Neiv York au I Bitoa
3M
oajd in the oolumaa ot the Ciro.siols.
oarot.ii
I
1
October
THE CHIIOXICLE
24, 18U1.J
%ht
Di V I n
Poated rateH of leading hanken aro aa follow*
%nztXU,
IBaukcts'
Oelober 23.
ns.
iCN
£»8
Slsly Dayi,
•''•tnrllng blllaon lA>D<lon. ,4
.1..'.
Hooka
Ptr
Hamt of Gompun^,
.1
Aiiierlcnn
Exuhuuge Nat
3
1
3>s
Niirts;kti
4
Niitliuiiil (,'lty
5
2
PniilU' (qimr.)
TriiMl <'<>in|>uulCS.
HolJ iukI
((|
iiivr.
»ov.
Nov.
Nov.
Oct. 23
to
Nov. I
to Nov. 10
Nov.
Nov.
Nov.
Nov.
Oct. 24
to
to
to
to
22ii»6 ar,
40 a 401,,
;3
iikvrs
or
l'r;nil(roii
4>«
Dtmatyi.
4 84<««i «5
4 H2
/ll H.II4
|4 HII
Ctnnrti,
ItMllroaila.
Buvtnii ts Mivliu' com
Coiicunl^lcM.iliiHs tiU O.&M.pf.l
ClOKn IV. rniioord)
Lake Krio iV Wcsieru pref. (quar.)
Hli,
{Iktyt inctiifivr.)
Payiiblt.
OtHt.
;
•
.
>,{
liioiui -iiiriili^liiiiibrlislb'nkprH'
I
Oct. 27
Nov.
Nov.
Nov.
Nov.
2
The following were the rates of domestic exchange on New
York at thp undermentioned cities to-day: .Savaniuili. buviog
%
(4'
discount, selling
discount to par;' New Orleans, commercial. (1 50 discount; hank, 50c. per fl.OOO iliscount;
Charii'Rton, buying 8-18<*,'4 discount, selling par
St Loub,
75<i90c. per $1,000 discount
Chicago, 12i^c. diicount.
;
1
1
;
I
)
.TIi«4-*'llaiii*iiiiM.
PiilliiiairA I'lilaci'C'iir Co. (qiiar.l.
21 to Nov. 3
2>S
.Nov.
Oct.
3
Nov.
Nov. 3
to
2
Nov.
Oct. 31
to
Nov. 17
[Jutted States Uondit.— Governments steady.
prices at tfae N. Y. Board have been aa follows :
The
cloving
TrowDliectoty. riiiitlUK* BookbliuUiig pruf (qnar.)
WAri. HTKRiST. KKIUAV, OCT.
The .Honey .Harkct
43. l»<91-a
Piiiuiicial .Sitiiutlon.
uiiil
P.M.
— On another
page will be found a table giving the highest and lowest
prices of leading stocks, arianged by groups, for the past
twelve years, including the current year 1891 from January 1
to date.
There has been a distinct improvement this weelf in one
feature of Stock
Exchange
dealings,
and that
is
in the better
investment demand for railroad bonds. Heretofore the active
had been mainly confined to the income speculatives and they had sharply advanced while the mortgage
bonds scarcely changed in price; but now there is a better
inquiry for the mortgage bonds at rising prices.
There has been quite a general lamentation at the Cotton
and Produce Exchanges of late over "too heavy receipts."
At the South cotton has been pouring in at a rate heretofore
unparallelled, and the receipts of wheat in the Northwest have
been on a scale of similar magnitude. This superabundance
of products heaped on the markets has been unfavorable for
the maintenance of prices, and they have yielded for the
time being; but the situation is one which railroad men and
stockholders can contemplate with entire
satisfaction,
and with every freight car pressed to the utmost it would
seem that October earnings on the railroads in those districts
ought to make a good showing.
The monetary condition of affairs remains easy the Bank
of England has again this week declined to raise its discount
rate above 3 per cent, and gold continues to flow in this direction.
Notwithstanding the heavy crop movement West and
South, it is generally believed that the supply of money this
year will be sufficient to prevent any severe stringency.
The open market rates for call loans during the week on
stock and bond collaterals have ranged from 3 to 5 per cent,
the average being 3i^ p. c. To-day rates on call were 3 to 3^
Prime commercial paper is quoted at 51^(36}^ p. c.
p. c.
The Bank of England weekly statement on Timrsday showed
ft
decrease in specie of £386,000, and the percentage of
reserve to liabilities was 3755, against 33-06 last week; the
discount rate remains unchanged at 3 per cent.
The Bank
of France shows an increase of 925,000 francs in gold
transactions
'This Is the urloe bid at cue iuorum;{ board
no
;
icUt
was male
—
Coins. The following arc the current quotations in gold for
various coins:
Soverolgus
$4 83 <^$4 87 Pine sliver bars..
91 3 — 97
Napoleons
3 !<5 9 3 90 Flvefi;..i08
— 9i) 9 — «S
X X Beluhuiurks. 4 72 ai 4 76 .Mexican iloUars.. — 75 »
77
4 78 » 4 85
Do iinuoiuiuero'l — — » — 25 Pe«eta«
—70
Span. Doubloons. 15 .50 915 70 Peruvian sols
Mex. Ouabluons.15 50 alb 70 English silver
4 80 » 4 90
par aiH prem. U.S. trade dollars — 75 «
Fine cold bars...
—
4—72
I
i
—
Goveruiuent Purchases of Silver. The Government having purchased the full amount of silver require.l by law, no
further offers will be considered until the 2J pr.jxim).
The
following shows the amount of silver purchased by the Gov-
ernment
in October:
*
Ouneea
Ouneea
offered.
jturchased.
2,473,000 $0-9680 a *0-9738
500,00 *(i-n740 a .*o-'i75n
l,OH,000.*0-97iO a $0-9725
130,000 .'^'U640 a> $09643
« «
343,000.*
Previously reported
••
•
987,000
1,378,000
810,000
14
16
•Total In
month
Price puid.
1
4,499,000 $0-9640
to date..
;
and 175,000 francs in silver.
The New York Clearing House banks in their statement of
Oct. 17 showed an increase in the reserve held of $4,487,300,
and a surplus over the required reserve of 19,029,700, against
16,639,475 the previous weeK.
1891.
(Ml. 17.
'
IHjrertn'sfrom
Frev. week.
1890.
1889.
Oct. 18.
Oct. 19.
*
59.372, 700
60, ,812.700 60,762,700
'>4.»30, 7001
55,945.100
•--•
62, ,331.6110
Loaiiei and disc'ts 405.351, 300 Ino .2, 512,000 406, 082,500 397.812.100
Olrculation
3.9S5,HU0
5,579, liiO Deo
52,600
:«, 521,400
Net deposits
413,13!), 600 Ino. 8, 3!*8.:f00 401, .')17,70O 404,951,200
Specie
75.900, OOOliic.5, 823.100 80, 3*2.800 71.79-',5iM)
Legal teDders
36.414, ,600 Peel, 33ft,800| 20, 187.400| 30,363,300
Reserve held
112,314, oOO luc .4, 487,300 100, 530,200 102.15.5,800
Legal reserve
103,284, 900 Ino. 2, 097,075 100, 879,425 10I,23'<,550
giirpliis
!
reserve
I
9,029.700 Inu 2,39 ,2^5
De f. 349
,
a25|
917 ,250
Foreign Exchangre.— Sterling bills have been dull and firm
moat of the week, and the settlement of some sterling loans
haa probably kept rates stronger than they otherwise would
have b<>en. The gold imports since September 12 now amount
to over 520,000,000, and shipments from the other side still
continue. Actual rates for exchange are Bankers' sixty days
sterling, 4 81(5(4 8II4': demand, 4 83?^ « 4 84
cables, 4 8414®
:
;
4 84J^.
The
looal purchases of
each week are not reported
till
9 *0'9750
ilowlaj
1
the foUowInK week.
State and Railroad Bonds.— Sales of State bonds this week
include $10,000 Ala. class B at 106'^
$15,000 T»nu. settlt.
$5,000 do 53 at 101
3s at m]^-Ji
$3,000 do 63 at 106 $7,500
brown consols at 98.
There has been a much better market for bonds this
week, and for the first time this season a decided inquiry for the low-priced mortgage bonds. This is a good
sign, as it indicates investment buying and an inclination to place money where it will be relatively safe and pay a
good interest. It is somewhat refreshing to bond brokers, after
their long dull period, to see Atchison 4s at 84, Reading general
Texas 4s at 79,
4s at 85, Hocking Valley 5s at 88, Mo. Kan.
Rio Grande Western 4s at 78, St. Louis & Southwestern 43 at
71, and some other mortgage bonds of similar grade picking
up more or less. Income bonds have also been very strong oa
T.
larger dealings, the Atchisons, Reading preferred, M. K.
Southwestern 2d3
seconds, Green Bay incomes, St. Louis
and Texas & Pacific 2ds being most in demand. Northern
;
;
;
;
&
&
&
Pacific consol. 5s, Chicago & Northern Pacific Ss and Oregon
Improvement 53 have all been fairly active without much
change in prices, and the Richmond Terminal 5s on active
buying advanced to-day
$
Capital
Surplus
*
to 58?^.
Railroad and Miscellaneous Stocks.— Stocks were dull
early in the week, but have latterly been more active, with a
strong tone. It has been one of the healthy signs in the
recent stock movement to see the Vanderbilt dividend-()ayinK
stocks take a leading part in the advance, and now New York
Central comes to the front with a rise to 114 on the prospect
of an extra dividend for this year. The granger stocks are
holding their prices well, and it is supposed that most of those
roads will show still better earnings as soon as new com
iiegins to move.
Missouri Pacific is in better demand since
the company began to publi-ih earnings, as they are showing
a considerable increase over last year.
London has at times been a free buyer in our market, but at
other times has sold some stocks, and there is no reason why
sales to realize handsome profits should not be mad-j from
that quarter as well as at home, Richmond Terminal was
quite aitive this afternoon, selling up to 14}^', and it is presumed that insiders are buying for some good reason. Pitts.
On. Chic. & St. Louis, among the less prominent stocks, advanced to iSJi. At the close business was moderate and
prices steady.
The unlistad stocks have been very didl. Silver bullion certificates inactive and down to 96.
THE CHRONICLE.
594
NEW YORK STOCK EXCH.iNUE— AOrrFS STOCKS
[Vol. Lin.
tor wse't enoling
OJV. 2J, ani
HIGHEST AND LOWEST PRICES
8TOCK81
Saturday,
Oct.
KK.
Active
Stocks.
44
& Santa Fe
AtcblBOu Top.
Canadian
'53e
Paciflo
Pacitic
Canada Southern
Central of New Jersey
Central Pacific
& O., vot. tr. cert.
CUeuapeake
Do
do
do
Do
1st pref
2d pref
OhicaBo Burlington &
Chicago & Eastern Illinois..
Quincy.
OliloaKoMilwankee&St.Faul
OWcajto
pref
Jt
Northwestern
Do
pref.
Island & Pacific
Chicago Rook
Chicago St. Paul Minn.
Do
& Dm.
pref.
L...
pref.
& St.
Oleve. Cincin. Chic.
Do
ColumliuR HockingVal. &Tol.
Delaware & Hudson
Delawn re Lackawanna &West
Denver & Kio Grande
Do
East Tennessee Va.
Do
Do
9H^
IjOng Island
liouisvillc
Nashville
liouisv. New Alb.
ChicaKO..
&
Do
&
West..
pref
St. Louis
pref
<fc
Mo. K.& Tex., ex 23 m. bends
5939
116
Ifeia
60%
1171^
25 14
25%
2514
25%
5914
5914
59
59
98'8
48
48
*6i4
7
55
45
13%
32%
327e
78%
7938
25
26
I3I8
101
85
112
*5% 7
•14% 16
*8l
81
109
•17%
6
•14
17I4
I8I4
27>a
6038
27I3
6118
pref
,
44
44
26
59 14
74% 75
7458
75
75
138
138
138
8314 84
138
8278
S35(,
34
94
73
34%
Jlortliem Paeiflc
Do
Ohlo&
pref.
Mis.sisslppl
Ohio Southern
Oregon K'y & Navigation Co
Oregon Sh. Lino&Utab North
Peoria I)i-oa"ur & Evansvllle.
Phila. & Kciid., vot. trust, cert
Pittsburg Ciuu. Chic. & St. L
Do
pref
Pitts.
& West
.
Do
pref.
Bio Grande Western
Do
„
Borne
pref.
Watertown & Ogdensb
•8t.
I»ui8 Alton & T. H., pref.
Louis Southwestern
Do
pref.
Bt Paul & Duluth
_ _ Do
pref.
Paul Minn. & Manitoba
Southern Pacific Co
fit.
.
Texas & Pacitic
Toledo Ann Arbor & N. Mich
Toledo & Ohio Central...
_
.
Do
.
pref
Onion Paciflo
Union Pacific Denver & Giiif
Wabash
Dc
'"prof*
Wheeling A Lake Erie.......'
Do
prof.
„.
Wisconsin Central Co
(aiHr4-llaii<>ouN Siocba.'
American Cotton
Oil
Co
Do
pref*
Am. Sugar Eef.Co.,tc'up. ctfs!
D<>
pref., temp. ctfs.
Co., trust rec'ts
Chicago Gas
Colorado Coal
&
78%
26I4
25
32%
34% 34%
93%
94
73%
A:
-attic Fce*d*'g"Co'
Edison Oeneral Electric
National Cordage Co
^'o
National Lead Trust
'.'."',
2178
1214
I2I4
10
-IOI4
10
30
'"
North American Co
Paciflo .Mall
Pipe Lino CcrtlHcatosJ
21%
*22%
411a 41'8
98
79% 79%
2538 25%
7
•6
16
•14
17>4
21
12^8
.
.
•
These are the price.
. .
IOI4
•38I4
IOI4
39
20
80
80
1814
27I4
'72% 73%
108
125
•'21"%
4058
41
41
24%
2378
2578
66
66
37
66
13%
**l27e
93e
1838
73% 73% 7314
107% 107% 108
108
125
9%
18%
•35% 37
22%
9%
9%
IH'fi
18''8
1878
109
4314
25%
102% 10j% 102%
103%
1*0*314 ib*-i*%
80
85
'6
30
19% 19%
13% 13%
SI
3779
38I4
787^
19% 20
•25
45
88I4
'i^,'!^
3758
77%
•19%
26
45
25
7
16
15
I8I4
17% 17%
5339
537b
114
21
83
OS's
5178
98
91% 92
2036
20%
10
10
-38% 39
18% •18
18% •18
18%
53% •53
53% •53
54
28% 2838 2878 2339 28=8
75% 7458 75-'8 74% 75%
21% 24
24
•18% 20
19
7478
24%
•65
7478
23
•18
•74
24
50
84
41
20
19 14
•46
•80
4078
66
37
1314
I314
1358
2^*14
23%
20
80
24%
22%
42>4
2878
60 14 60%
-35
37
13)4
5758
1414
58%
5758
•56
42
•40% 42
41
41
•72% 73I4 7269 725e
109% 109%
10,% 109
108
9%
43% 43%,
14% 14%|
19% 19%
1438
I9I4
I
41%
19% 20
'125
10
1878 I9I4
•3d
37
•96
98
11058 111%'
193e
50
84
60
'125
"1*6**
37
98
109% 110
4359
43
14%
70
231
•46
•80
41
•19
9%
18^8
35%
**'9*%
18%
37%;
97% 98
111% 115
4314
43%l
14
I414J
19% 19%!
50
84
46
80
50
84
41=8
4979
19
41%
20
20
1414
I414
1438
1438
29%
3039I
30
38 14
38%
30%
3SI4
7338
787e
78=8
7878
78%
33=8
7938
20
20
VS'r
2014
52
98
16'4
1914
•21
3514
23%
36%
38%
2014
I
'
1958
60
193% 190
Wd and MkedS
10%
•38% 39
69 •'s
%
20
41
2058
•IOI4
2458
2458
45'4
8038
46%
93
53
H8
93
25
25%
47% 48
3514 87%
9314
94
53% 53% 53%
37% 3778 38
38%
98% 99
*98% 99%
5178
52
99 14
51
98I4
517e
9938
92%
99% 99%
92
92\
•98
99 7^
98
9178
16
19
•21
>4
35%
16
16% 16%
19% 1914 193.i
23% •21
23
1-,
3638
61
60% 61
191
192 192
96% 9658 96% 96%
•40% 41
40
40
•90 100
•90
100
36I4
36
59
605v
.
190% 193
96% 961-
40%
•90
33.613
5.085
1,770
2,475
40;'
IOC
i
I
Aug.
3
75b July 30
11% Mar. 14
1!!% Mar.
54I4 Oct.
500 26
39% 40 14
231
3.
1998
41
:
1438
10
•90 100
a27n B27a
231
30
38
1638
36=8
6178
40:i8
3934
I414
9H7,,
36
•30% 313e
70
7014
'35
'97
4 3 '4
I4I4
2,37
35,2^2
46% 40%
30% 31%
1-138
"16*14
23%
45% 46%
3111,1
91% 9:!
99% 89%
•21
19%
334
150
360
11478 11338 114
22% 2178
•82I4 84
84
2978
OS'-bI
a-'
60 14 6078
37% 38
7778 78%
9414I
5356i
3814!
99%
27% 27 14
6II4
M
87% July 30
150 70 May 21
120 98% May 19
7
27
61%
21
Aug. 31
Sept.
Sept. 10
Oct. 23
05 14 June 29 122% Apr. 28
3478 Oct. 5
Feib. 24
I414 July 30 28
Sept. 25
29
6078 Sept. 21
42 Julv
22 July 31 4 1
Oct.
5
123 May 12 139 Sept. 28
'75% Mar. 7 10038 Sept. 28
41% Jan. 3 73%8ept. 21
83 Jan. 2 103% Sept. 21
50% Jan. 2 76 Sept. 21
105% Jan. 3 122 Sept. 21
102% Mar. 9 11739 Oct. 28
130 Mar. 18 138% Jan. IS
6338 Mar. 6 8738 Sept. 21
21 July 30 357s Sept. 28
77%Jiin. 29 91;% Oct, 9i
56% Julv 30 74% Sept. 21s
90 Julv 27 98 Jau.
22 July 31 34% Sept.2f'
3,6:i5
85
112
44% '4358 44%
•83% 86% •83% 86%
•72% 73 14
108
125
10
10476
60%
28%
40%
97
'14% 16
•17 14 17%
28
1278
67
27
IOI4
24
57
21%
124%
•44
39
80
24
35%
30
•IS'^i
94
53
38
51%
•6
4738 July SO
7
91
6
2'
21
Ji'li.
79% Aug. 17
98% July 28
11% Aug.
7
141%
Sept.
14558 Sept.
21
Oct.
eS'^s
sale
madej
§
Prices
from both Eiohangea. xExdiyl
5
21
3
Jan. 14
8I4 Jan.
66
14
Jan. 14
19% Jan. 14
129 Apr. 3
Ill
Oct. 23
Oct. 21
Sept. 19
33% Sept. 21
24% Oct. S
6914 Sept. 21
I26i4 0ct.
9
99 % Sept. 15
8238 May I
104%
1
2
29%
109
Apr. 27
Apr. 6
25i4Scpt.l9
10479 Oct. 23
93 Jan. 15
113i4Scpt. 21
9
Aug. 24
18 Aug. 24
20 Sept. 18
29%
Sept. 17
77%Sopt. 21
45 Sept. 21
110 May 29
115 Oct. 21
22% Oct. 13
84 Oct. 10
47% Oct. 14
3178 Oct.
7
7-23g Sef 1. 16
43 6e|)t. 21
Jan. 2
Jan. 2
89,89ii 17% July 31
1,463 47% June 29
14.801 31 July 30
424 225 July 6 27 1 Fell. 8
6,600 14 July 30 2338 Sept. 17
1,635
658 July 30 11 34 Sept. 30
10 25 Aug. 4 417b .Sept. 30
100 13 Aug. 17 18% Oct. 5
200 46% Aug. O 67%.Tan. 14
7,295 20% J-ly 3(1 3078 Sept. 22
45,58^ 58% July 31 783t S<^pt.21
250 15% Mar. 11 2(i%.'^cpt.l8
100, 14 Jan.
2 20 14 8opt.21
105' 65
Mar.
82 Jan. 13
30 Apr. 28
2611 19 Jan.
1.400 14% Jau.
24% Sept. 24
38.480' 257h Aug.
43% Sept. 21
2i,w69 12%
2»78 0ct. 23
__ Jan.
6834 Sept. 22
1,339 48 J;in.
43% Aug. 25
J8 Jan.
2
19% Feb. 7
31,060 10% Julv
800 49% Aug. 11 70% Feb. 10
150 23 J n. 2 44 May 1
210 5514 Jan. 2 757eSopt. 18
1,205 xl05%Jnly31 114% Apr. 18
120 Jau. 6 122% Jau. 8
7,417
6 June 11 10 Oct. 20
6.255 12 Aug. 4 1938 Oct. 21
24 Ja .. 15 3>5 7b Sent. 21
250 85 Jau. 5 99% July 27
6,160 100 Jau. 2 115 Oct. 23
2,325 23
Jau. 16 44% Sept. 28
__
2,648 1 1% July 27 1658 Sept. 21
540 13 June 30 21 Sept. 21
45 Apr. 6 61 Jan. IS
'78
June 8 88 Feb. 16
37,396, 32 14 Aug. 11 52% Apr. 28
600 14 Aug. 11 24% Jan. 14
910
16 Sept. 18
85ft Mar. 10
2 34%8ept.21
12,190l 1678 Jan.
8.940 29 14 July 30 39% Sep:. 28
9,560 67% Jan. 2 80 Sept. 31
350 15 July 30 23% Jan. 14
57
23
1,800
1579,Tan.
1,0113
33% Jan.
23.631
1.186
20.810
2,885
3,914
9,455
1,520
57
8-)
31
*^
27% Julv
92% July
41% Feb.
88
Apr. 2S
Apr. 2S
S.'pt. 21
98 Sept. 21
55% June 18
30 39% .Mar. 18
2 1011% (let. 2
16 5479 Sept. 15
3 III
Fen. 5
2
21
Jan. 17
Feb. 27
Ja".
Jan.
29
53
935s
73% Mar. 11 104 May 27
995 98% Aug. 18 ll;i% May 7
4,665 14% July
1% Ji.n. 17
11,422 11% Jan. 2 21% Oct. 5
300 15% Jan. 7 32% May 1
5.885 314 Jan. 26 41%, Pi'\\ 26
122.000 51% Aug. 7 81
Feb. 10
2.407 175 July 31 196% Jan. 14
14
194,0011 96
Jan.
23
107%
Oct.
2,850 24% July 30 4134 Oct. IS
80 Jan. 6 90 Sept. 21
3,5051
•
«i'nt
no
i
1
'
11
30 "4
25
47
88
98
104
-75
110
66% 66%
109
1314
79I4
24 14 25 14
10178 101 7e
66
37
1914
6%
50
SSM
87%
-43
88%
•93% 94%
41
80
112
7
15
6
6
12478 Ausr. 1
42,039 1303s July 27
1314 July 30
50)
40 July 30
100
5 July 30
375 42 July 20
640
97b July 30
lOu 111% leb. 5
1,426 72 Jan.
3,15^ 90 Mar. 9
100
6 Aug. 10
580 20 Jan. 3
2,015 12% July 31
1,730 53 July 31
12,559 xl05% JnB30
300 86 Jan. 3
41.090 65 78 Aug. 14
3,646 18
Mar. 9
1,755 95 July 30
1,145 1758 July 29
22% 22%
2.58
Mar 10 47%
3.IJ9II
78%
4158
19% 19%
40%
7938
97
*'2
19%
19%
-10
4178
9-f
•46
-80
4038
•19
•6I4
"2"-2*%
10
3,045
•47% 48
'45
13
2214
14
bO
84
14b 5^
19
41%
37
42%
143
4
28 >4
73J4
73%
5
2214
108
33,'o5
1,625
100
14,276
94
33
4138
26^8
13 '4
2,710
19,908
837g
3436
134%
22
14%
41'8
I414
•35
-97
'107
37
98
4II4
19
1414
7.722
2,258
7578 146,439
I3414
4I14
20=8
'l.i5
9%
-36
•96
*96
98
'107% 108% 107
4368 43^8
43 14
1414 14% •14
19
19
18%
46 50 -46
•80
«80
84
78 14
1014
-oShi
•75
I
96% 06%
Iron
Do
pref
We«tem Union ToleLrrnnS
20
1038
39
"12%
7858
2534
2J0%231% 230
20% 2014 2078 20%
'56
60
'56
60
60
411a 41%' *40i4 41% '40% 42
617,
Silver Bullion Conlflcates
20%
39
18
•18
133a
97
232
•228
18 20
76 80
•23% 25
21% 22%
67
37
56
233
11
97
111% 1111 •110
•18
24% 24%
Pullman Palace CarCo!!!.!!! 193
ic
23=8
20
80
26%
59 14
33
*
29%
30
27%
21% 21% 2178 2178 21%
6714
66% 67I4 67
66%
124% 1253s 124% 1^2538 124%
101
85
I7I4
7234
2456
Highest.
710 29
X 109%! 10 •11014 IIOI4 110% 111
104% IO414
102 104% 103% 104
110
•14
6%
50
•12% 13%
^1-iO
123%
•81
5%
6%
17'4
125
48
•014
•45
110
100
16
2178
*90
I9I4
48
6%
2258
10178
'81
18
5358
29
76
7338
*1814
1914
48I4
45
18% •18
53%
•52% 53% 53
28 »4 28% 28% 28% 28%
74% 75% 7458 75% 7514
23% 23%
24% "19"
*23ifl
pref*
•Oregon Improvement Co'
TenuoHee Coal
I8I9
5358
95
7278
97
33% 3278 32
13534 134% 135
45
102% 102% 102
22
101
85
112
2038
10
10 '4
39
38 14 38%
9858 98 -H.
Consolidated (ias Co
Dlstilliug
•18
«53
2S5g
751a
235g
18
*76
pref. tr. certs.
Elohniond&WestP'tTeruilual
fit.
10
*38ia
'2'.i7
33,967
1,710
97
•97
98
7838
27
27
5938 6OI4
•43
44
•84
86%
•227 233
2019 2058
61%
220
8338
3438
of sales In 1891.
350
438 Aug.
1,0 7214 Jan.
11714117% 117% 118
118 118L1
116 116% 11634 II714 116% 1173e
.
New York Now Hav. & Hart.
New Y'ork Ontario & Western
New York Susquehan./St West.
Do
pref.
„
•Horfolk & Western
prof.
„ Do
61
447e 140,069
578
885t
1891.
I,
Lowest.
Shares.
11738 1173t
'33
34
26'>t
27%
27%
59% 60% 60% 6I14
44 14"
43% 43% 44
•84
*84
861*
86% 82% 86%
New York Central & Hudson 111 Ill's IIOI4II2 H15g 112% 11238 115
21
Wew York Chic. <t St. Ix>uls
Zl's 2214
21% 2158 22%
211a 22
Do
81% 81% 83
8314
83
83% 8214 83I4
1st pref
46I3 46'a
Do
47
47
46
45
4558 46%
2d pref.
Sew York Lake Erle<& West'n 3OI4 30^8 30% 3012 30 30% 3058 3138
Do
68% 68% 69% 70%
pref. •OS's 69i» '681a 63%
New York &New England ... 39% 40
39 '8 4033
3913 397i
40
40%
Do
Missouri Pacific
Mobile* Ohio
•Mashv.ChattanooKa&St. Louis
31
59%
6%
7
45
13
97
98
7->%
2558
IO214 IO214
109
•33
26%
4814
*6'4
45
13
7iH
25%
22
100
-5%
8858
60% 60% 61%
117% 118 118
34
4438
5%
8914
5914
V25
•97
5%
•88I4
Week,
Friday,
23.
Oct.
26%
58% 59%
39% 39%
IHH
126
97
117
•33
26
45 14
4438
5%
131% 134% 135
I43I4 144% 1427a 144
142% 143
llOis llOki 110 110i« 110% 110%
102
lOlia lOlij 10158 101% 101
10%
*10'4 1034 '10
10% *10
30
*28ia 2912
22
22
21% 21I2 21% 21%
66% 66%
6658 66=8
67
6/18
124% 125
12438 124% 123% 124
97
538
•8838
597e
22.
39 14 39 14 39% 39%
7.'i0
38% 38%
138 138 •138 142
137% 138
138% 138%
216
98
98% 98% 99% 9878 99% 99
99% 40,456
71%
71%
71% 71%
200
101
102 102
i)9% 99% IOOI4 100% 101
81.i
40
140
I8J4 19%
20
Oct.
JAN.
Hange
Sales
of the
Thursday,
21.
44% 45%
6
89
321a
72
100
101
Michigan Central
Mlinneapolis
'538
33% 33%
98I4
Manhattan Elevated, consol.. 102% 1031*
2238 2238
Mexican Central
8h.
43% 44
88
3278 33
32^8 3314
13514 ISS's 134S;134%
143 143''e 142'78 I43I6
141a
lake Shore & Mich. Southern
Oct.
73% 74
7338 74
116 1171s 11678 117
117 117
115%116>4
li5^!
1151a 116>4 II514
1371a 1381?
82% 831* 8214 82=8 82% 82%
34
34
3415 3412
331a 34
"90
'90
94
93
72
72% 7234 73 14
73
«13
121
pref.
Wednesday,
20.
321*
136
99^6
7
55
pref.
Do
44
38
41
140
49»2
Western
Milwaukee Lake
4338
88
26»4
47
Do
&
-Mh
*48
2d pref.
&
33I4
26I4
1st pref
lUluois Central
Iowa Central
Do
88
pref
&Ga
Evansvllle ATerre Haute
Great Northern, pref
IrfkkeKrle
Oct.
71
71
99I3 100
741s 74''iJ
pref
Do
Tuesday,
19.
'538
5't,
88
•39
135
OUoago A Alton
Do
44^
Monday,
Oct.
6
89
60
53%
5914 5958
117 117>4 117 117
&
Atlantic
17.
since
I
(Exriglita
'•
,
I
October
THE CHRONICLE.
21, 1891.]
rit Sr
.NKlV V
BlUIUNWE
lOii
Or/.
INAHTIVK STOCK*.
Bid.
H Inillrnti'sunllHtcil.
PttdiBS {ConUn<i'ii)-rVAOTiyiC STOOKH.
Jtange {lultn) <n 1801.
23.
Lowett,
Ask.
A!l>iiny
100.*
lOOl IRO
VIckhiirKU
.&
SiisqiiiOiaiina
ife
89
««llpvlllfl A Hoiitli. III. i>rpf....l00 inn
Boston *N.Y. Air l.lDe i>rcr....lOO 98
H)o! 25
Brooklyn Elovntciir
100 'll>«
Bumilo KooliestBr & Pitts
rrir.rr.'.!
100; 70 ><
100 30
Burl. <V(lnr Knplds 4 Nor
14
100
California I'arllloTT
100
C<><tar KallM A Minnesota
Atluiitn&Clmrldltc.Mr
Clilc.
A
r.1l....l<IO
135
99
30
41^6 29
80
74
45
20
22
13
29
A
Columbia A
(Iroftuvlllc pt
Pn'ferreil
Dnlntli
A
8. lioro
Atlau.1I
15
100
100
100
100
80
Orcen Bay Win. A 8t. Paul. ...100
Houston A Texas Central
100;
12
100
100
100
100
cons. 100
00
10
Preferreilll
A IVro Marquette
Preiferred
Oeor(?la PacllloU
Keokuk A Ucs Moines
Preferred
A
liOuisv. Kviins.
St. Lo.,
Preferred
7
5
A Texas
Feb.
Apr.
33
14
9
Oet.
June 152
Jan.
A
A
South Carolina
Toledo Peoria A Westernll
Toledo 8t. Louis A K. CItyK
Virginia Midland
25
price Friday
;
latest price this
NEW
New York
I7. 1891, is
We omit
VapitcU, \surfilua.\
<
York...
MerelnDUs'
ICorliiiiiics'
Ani'.iii'a.
Pli,-m\
Citv
Trai't'smon's
2,000,0
2.050.0
2,000,0
2.000.0
3,000,0
1,000,0
1,000,0
7.iO,0
Seventh National
Btitiuf New York....
300,0
600,0
I.OOO.O
300.0
400,0
2U0,U
600,0
300,0
1,200,0
nit;rii>au ExcliAnge..
5,1M)0,0
Comiiiefce
Broa<Uv:iy
Verrautile
6,000,0
1,000,0
1,000.0
122.7
1,500,0
450.0
CliKiiiii'al
Exchange
6jiU:iIiii Xatioua'.
BllIrluTs'A l^rovors*.
lleth. lilies' & Traders
Ore*Mi u'ich
Lea'iifi Mainifact'rs.
.
Pacific
Bepublio
Chiith.im
PeopU's'.
.Vraericft
Hanover...
IrviiiK
Citizens'...,
........
Nas.HHU
.
A Fulton
Nicholas
.& Leather
Market
Shoe
Com KxchanKO
A Traders'
P«rk
Kast Hlver
Thliil National
N. V. Nat'l Kxcliange
BowetT ...
.^
York County..!!
.
.
0«nnat:-Ani»irii-.;vu....
Chase National
Fifth Avontio
tteriuan Exchange..
Gernianla..
Unlttil States
.'.
]
.
Uniulii
Gsnii'lil
Fifth .N.Tllonal..
Bank of the Metrop...
'.
West.siiie
Beatioanl
Blith .National
Western National
tint .NaUoual.B'klyn
Tot»i ....
1,8PS,7
1.6;<H.2
949.6
1,971.4
2.0'n,0
445.2
•i.iHi.l
121.2
»,e73.6
164,0
l,6Pb.S
301.8
4U.V
149.0
567.9
70.2
505.7
2 1(19,9
i.Sil."
'.Bl-S.a
1,.;20.7
43'i.3
988,'J
t'34,4
3il.:-i
1,000,0
1,693.3
1500.0
312.0
800.0
600.0
7S0,0
500,0
600,0
4: 4.7
576.5
244,9
778.7
1129
26J.8
1,18j<2
282.6
800,0
40.S.1
1,500,0
6,231.1
2.728.8
Z.OOO.tr
Fouttli .National
Central National....
Secouit NaiioiuU
Ninth .National
First National
*
200,0
700.0
1,000,0
1,000,0
Conlltiental
Oriental
Sew
Commercial Cable
An
Do
J?.
lOOijApr.
40
5^
148 1«
110
22
11%
I
Ai)r.
Oct.
.
I
96
94
Texas Paolfle Laud Trust
U. S. Express
Wells, Fargo Express
Bid.
two ciphers(OQ) in
LoitM.
Sptcte.
S
*
Legais.
«
3,0200
11,020.0
10,31«.O
1,700,0
2,353.0
1.624.3
K,.t49,0 1,283,0
U.3SI.51 2,217,5
825.0
4.»87.0
10,12ti.4 2,446,8
234.6
1,811,6
22,205.0 5,476,0
J,31B,.'5
493.4
558,0
463,11
6.»29.2|
702.0
338,170,0
5,1147.0
1,7.')3,9
2,160.0
1,131.0
180,.
2,S>i>5.9
513,4
1,339.7
3,467.1
1H,740.0
19.066.4
5.054.4
7.J09.4
18j,v
146.8
2,64
..
3,267.2
1,056 G
l,78;s8
451,0
1,129,3
22.36 .3
2*5.1
121,7
286,
Mar f
83
May
17
23
14
Hepl'
Oct.
83
42^ Jan.
lH>s Oct.
913 July
13
Sept,
44
Jao I
2i>0
May!!
Ma/,
24
38
Feb..
6^ Jan.l
40
Feb.
19'« Apr.
Mar.
5013. 1 une 70 Jan.
137 Jan. 145 Feb.
19
62%
!
142
Oct.
3,938.2
1,8<3.5
90.U
Comi romise, 3 4-5
New
•232,1
4,8l7,2
14,607..
718,6
397,0
8.241^,8
19.',8
1,4 30.4
9-18.0
813,1
343,S
511,2
4si,a
323.1
10,613.7
8.157,4
4,(.84,8
l,9ti4.4
3.077,0
7,l''5.0
4..0O0.7
2,0U0.1
21,743.0
al,7ol.O
438.0
468,3
212,1
471,0
4900
2.51)9.0
579,2
277.1
3,057,9
1.038.9
11,707.8
4,013,5
tJ.THM.Ui
2,7H2,1
2.875.6
4,708,0
3,759,1
3,499,6
1,6U'2,2
4, 178.8
3,2:2.0
8,860,0
1,698,0
8,882.*
3.704,0
53U.0
223,0
449.5
2.193,4
953,7
171,4
2^4,7
1.210,7
1,(3.',2
642,4
299,7
6S8,6
3
!.\i)
713,0
175,0
:,18'2,1
813,0
3.232.'2
5,1.(5,3
13,0.'I4
7
3,302,0
3,153.2
3,121.9
4,29:(.8
1,784.1
:1.687,0
2'!,683,o
1
743.8
160.8
1.180,2
187.4
183,0
62^,5
178,9
1,645,0
239,9
560,8
448.8
13I,U
240.8
855,1
309. <
422.1
243,0
179,0
145.0
1 451,2
318,0
5!i<,4
2,
1.65'2.U
2,085,9
822,0
091,0
-.'2
199,4
3:8,5
ltS!,«
1
1
3.
8,113.2
5,105.6
1,900.0
2>i3,0
48',0
228.0
331,5
68
2,4
1892-18981
6s
1912
1913
1913
1913
settlement, 6s
70
7014
Virginia—6s, old
6s, consolidated bonds
68, consoli<latcd, 2d series, reels.
68, deferred, t'at rcc'ts, stamped
Capital jc
Surnlu$.
Loant.
Sept. 19 ... 124.810,1.8 404, 589,5
•
26 ... I31.=4 ), 8'10,- .817,1
8 ...;i24.840, 8|l03 ,813,5
Oct.
•'
10....ll26.0.>4, 6 40i .842,3
"
17.... 124,303, 4 105,,351,3
Boatoa.'
OcU 3 ..
••
10...
17...
Ptalln.'
Oct.
3...
"
"
10...
17...,
'•
614'.
•
\
Specie,
ue^att.
OeoosiU.-r
''(•'•''•n
$
t
t
85.812,
86.84 2,
65,843,
Otearwifj,
82.483.0 16, 913.7! 106 559
03, 8 731.91.^.8
82.403.1 42, 785 4| 101. 'ill. 6 6 3'i).,; 914.068.8
6l.l3^.8| (9, 692. 1.0;. 5 J.',,6i.J.o21,,ii 8 ll.lO'l.tf
70,076,9 37, 750. ti4>l4 ,7.il,.i'j 6<1,,7 739.:**.l
75,900,0 38, 114,6 113, 139,,6 5,578..1721,263,6
155 239,6
1.54 384.0
154, 812,7
014, 3 3,855. 3; 112.700.5
220,6 3,8H8 5I 99.133.0
095, 3 3.965,,9 100,531,1
,829,2
,75i,l
,972,5
8,315,5
8.4^3.8
8,736,8
I
35,793,
86,793,
35,703,
97, 327,0
98, ,090,U
97 871,0
57
28.629
28,807
•Mi. I) 3,148,
\Veo-ntttn;icip\er:i in iiU tiei« tlii'f^
ttie item " due to other biaks."
7,
3,141,,0
311,
1 1JJ a
(
ti ,,<,
jr
72 355.0
83 375.8
8J 253,5
aai Paila
3.112,,0
28.949,
tf
iii.oa
Jelphu,
City Kailroad Seearities— Brokers* Quotations.
1,1110.9
2,637.2
1,401,9
S,8lo, I
15,4->,J.5
203..^
Ask.
Bid.
2,1
1,40»,6
206.4
63B.5
3,866.7
548.2
812,0
281,9
745.7
144,2
480,0
882,0
1 117,6
134,0
4 566,0
5 408.1
86,4
21.
iTennessee- 6s, old
V»rk.
3,84".
9,MI4.«
5.927.4
2.354.3
4,299,5
14,288,4
3.20 !.0
2.708,7
2,765.4
3,225,9
1,402.3
800.7
l,68.i..i
lao.f
515,3
2,0J1,0
2,261.8
3,339,9
101,4
M0,0
10,140.0
10. 6 52.0
7.0li6,S
6.s:)6.u
13.80,8.3
'2,8UJ,3
32.7
160,5
2,100.0
•
1,124,5
510.9
277,3
147,3
23.48.1.5
200,0
200,0
eoo.o
8UU,0
200,0
160,0
800,0
200,0
SOO.O
200.0
Oepotitt.
3,»oH,o
10,64 8,7
2:9.3
800.2
61D.9
Se3.3
6'<0 5
858.7
888.0
301.4
848.7
242.0
181.8
860,8
Jan
16
2:1 Hi
NeiT Yoric City, Boston and Philadelphia Banks
3AHS8.
287,0
89S,0
141,7
800.0
750.0
600.0
soo,r
100.0
60
Mar.
Jan.
SECURITIES.
19J0
1919
all eases.
4,9M,8
760,(1
23
May
16
13
68
S.C. (cont.)— Browucon8ol.6s.l893!
Rhode Island—68, coil.. lsn.3-1894
South Carolina—Os. non-fund.1888
l.lOi.:'.
300,0
250.0
200,0
20
40
1ft
58
3s
Consolidated 4s
68
19,4^9.7
7.219,0
4,487.0
2,645.9
1,800
21)a
.100; 138
Ask.
Special tax. Class 1
4J.0
1,000.0
100
100
100
Preferred
Chatham Rit
l,7.<3.0
4UM,1
15
21
HO
UH) 13
40>4 38 Aug.
39
270
2K0 May
50 ;
•23
50
Fell.
2H
32
34 Jan
4=8
100
5
3% Oct.
Pennsylvania Coal
Phila. Natural Oas
Postal Telegraph -OableU
Quicksilver Mining
'
t
100|
100|
lOOi
lOOi
New Central Coal
I5214 Mar.
260,0
3,200,0
3,000,0
649,d
|
100
Ontario Sliver Mining
Jan.
AuK.
Mar.
Mar.
80
I>6>1
}
lOOi
Lehlgb A Wilkes. CoalU
Maryland Coal
Minnesota Iron
National Linseed Oil Co
Feb*
ISO
Oct.
113 Jan. 123 Ket.
81>« 78 '9 June 821s Apr.
0fli«Oct.
101 Is Mar.
9 June 21 Jan.
A9 June 80 Mar.
81 July
86 July
82
Mar.
771s June 92
14 July
Ifl^Jan.l
30
1
1» Oet.
130M 1031s Jan.
80
23 If Mar. 28 14 Oct.
......
12 July
2 1 Is Sept,
!
pref
134
45 If
100
lOOJ 80
100
100 130
lOOi 27
100 ! 19
Brooklyn
A Hocking Coal
Laclede Oas
Feb.
I3I4 Apr.
301a Jan.
63 Jan.
18 Jan.
83 Jan.
145
431*
110% 117
lotl't
Cousol. Coal of Maryland
May
\-.
ICtiili'ittAn Co.
Importers'
Coluinhus
City Banli Statement for the week ending Oct-
BaMIvb.
(OOa om{"«t.)
Mtir-ii;iuts'
lOOl
1893
North Carolina— Gs, old
J AJ
Funding act
1900
New bonds. J. A J. ... 1 892 1898
..1894-1895
as follows.
New
Am. TeleKraph A Cable
SECURITIES.
Stamped 4s
Missouri— Fund
100 142
New York—68, loan
1901)
190«
Currency f uudine 4s
1920
Cs.fund.HoLl
839-1900
Arkansas—
do. Non-Holford
78, Arkansas Central KR
louisiana— 7s. cons
1914
3iaJ«n.
14 Mar.
.ilCfi
Ask.
Bid.
Keb.
5.5
100
Adams Express
Bank Note Coll
Aiuerlean Kx press
1 'referred
Citizens' Unsot
4>s Aug.
Jan.
17
Anierleau Tobacco Co.,pref ..100
lirunswlck (Jompanv
100
(hie June. Ry. A Stock Yards. 100
12 \ Oct.
96
10
Aug
7HI
U\
Aug.
5 Peh.
20>9j»n.
in.->
week
1906
Class n, 5s
Class C, 4s
Apr.
Jan.
H-Tt
Jan
35
STOCK EXCHANOE PRlCt^S.—STATE BONDS OCTOBER
Y4)RK
SECURITIES.
Alabanvii— Class A, 4 to 5
.Sept.
Sliia
5 Mar.
70 July
101
Apr.
223o Oct.
Jan.
1371s July
104 Jan.
16 Mar.
5
June
149 Jan.
16>4
75
Preferred
112
50
Heni)<his & Charleston
25
Mexican National
100
Morris A Essex
50 :i44
100 :i07
K. Y. Lark. A Western
H. Y. A Northern prcf
100 t 17
Peoria A Eastern
100 10 Hi 12
Pitts. Ft. Wayne A ChicaK0....10'i UaOii'
No
27^,
Mar.
July
July
Jan.
July
Sept
Feb.
13
180
33
76
AiuerloiLn
Mar.
Sept.
5
2
IDS
100
100
100
100
UlghtH.
raiscellaneoas Stooka.
7'8 Pept.
15
June
90
10
I(N>
l(N>
1401.
(tiUtii In
Lowetl,
Auk.
16H)
3
Ask
Sept.
12
1
;
Feb.
Fob.
Apr.
Bid.
Bo!
A
Ht. Joseph
Ornnil iHlnnd
SI. I<ouls Alton
T. II
St. L.
San Fran. Ist prel
43>« Sept.
81 >« Auk.
78
6
7
25
55
100
50
Mahoniuf; Coal
St.
30
H'.i8ept.
17^ Ocl.
12 M
2
100|
Loui.sv. St. Louis
North
May
10:!>«
33j Mar.
10
28>a
85
'.JO
niinoia Central leased Hues
Kanawha A Mlehi»ran
of
MO
Apr.
Jan.
Jan.
Apr.
Sept.
50 149 152 144
100
lOO
»^ 71* 4 '8
15
20
12
100
H«4
100
7
5
PItlsbnrK
Vex Moines A Fort Dodge
Btnk
June
June
Ranir
Oet. 2.1.
Plttsburit 4 Western
Rensflclner A 8arat4iga
May
Aug. 107 >«
162
Atl., ItMief. trust rccts.TT..
Clovclaml
Flint
170
92
ISO
uriuil hiIm.)
<t rn-tioitAM
Inactive Stocks.
n Indicate* nnllstod.
nigheit.
KHllron- Kt»rkB«
Alahniua
605
25.412.4
93i.8
2n..'<81,5
8,189.0
5.24^.0
29,0
2l.''42,9
2,96 1
1,241.0
3.
1
.
2.82^.0
,1.41^.7
2.83 ;(.4
13.5727
4,»7s.-l
3,il»H,a
,t,;37.2
5,173.5
4.653.1
8,991,9
2,0)3.3
4.682.7
2,3:3<l
4,037,0
l,34i",0
9,312.9
3,822,0
lia.H72.7'fi4,9i0.7 403.3:^4.3 78,900,0 30,414.0i413,ieg.6
At„ B'klvn.St'k.
Gen. M.,5s, 1909... AiO 100
Ji'OKBrSU A Ful. K. -Sttl 28
1st mort., 7s., 1 900-.JAJ 110
.itla-itlc
t 7lhAv. -8t'k..ll88
1st mart.. 6s. 1904 .J&D 102
2d mort, 5s. 1914. ..J AJ 100
fway 1st, 6s, ifa ....'24 100
2n>l 68, Int as rent., '05.1 OO
irooklyn Olty—Stock
1159
1st mort., 5», 1902..J<tJ 100
B'Klvucro«t'n B«., 1908 108
llku.C'yAN'n5s,1938 JJIJ 103
ir'dwaF
tenrral Crosstown— Si.'K..| .....
1st mort., 8s,19'22.M.&.V lis
lent. Pk.N.<fcE. BIT.— 8ik.' 120
Consols. 78, 1902 ...J,lfcD:112
>ry Dk.K.B.<fe Bafy- Stk.|128
istia')rt.78 l89S..J*r>lloO
no
BAirKS.
Bowery
305
Ibl
8nMulTay...
Satohs'dtbr. 176
;»atral
120
Jom
ifixob...
e-lrst N., 8. 1.
107
120
Qermaa &x.
3..0
3.30
trying.
94 r»'
Markets Fat
tfectaaalos*..
lM'ohs'*Tr»'.
320
.Mercantile... iia
'Mere ban ts'..
Meroh'U Bz. 120
'
Metropolitan
7
lMetropolls...l350
;
102
M
103
•••••••
lUi
Oriental
2.12 >9
Paoltto
180
646
190
250
Park
112
Mu Morris
17118
Murray HUl. ...,
I166
Mauao.
..|2»0
125
11
.
Bid.
166
iio"
104
240
iVo"
mn
iyi'ii
326
2i5
212
210
we jk.
235
iN.V. Cosnty. 805
iN.Y..VauEx. 1.1U
100
Ninth
Wanl.. 16U
N Americik. Id)
125
350
Hi
I
i
I
176
iI65
ri...,300
cliis
J
95
1909.H«N;100
BANKS.
New York...
Ask.
Llncolo
870
Manhattan... 176
117
•••»
170
316
Hud. RlTer..
Im. *Trad'8'
26U
•
Bid.
Iloo
Hanover
1
5s,
3S3
Qreeovtflh..
189 Hi
fitthATa... 2000
f'lfth
300
firat
2600
llthStTMt.. 170
no
Foartb
I
Qermaula....
26a
morL,
prices of ba-ik stocks
1911
jolnmlila
260
Jomiaarae... 185
Joatmental 138
61^
—
Am.
Leather
iOiS
I13J
lat M., 6s, 1937. ..JAJ|108
Twenty-thlnl 8t Stock.. 230
1st. mort. 7». 1893. ....Jl03
Glarilold
176
29041
lOS
I
Sixth Ave.— Stock
Third Ave.— Stock
153
312
275
16.-.
Deposit
iilast KlTer.. I.VI
llh Ward... 200
1st
4allatln
130
Jhase
... .
100
juatbam.... 106 >9 408
;tioinloal.
481)0 4HO0
4,-)')
Jiiy
500
Jittians'
•
132
103
(ierman
iriBv
215 „
109
'
BANKS.
Ask.
Bid.
30.1
B. B'T dt B.99
ricrlp
200
miKhth At.—Stock.
ElehthAT.-8crlu,6«,1914 105
4'23 ii Or'uil «t. F'ry-Stk. 240
Ist mort.. 7», 1893. A AG 102
42d St. .M.iull.>t 8t..N.AvB.. :n
l»l mort., 8s. 1910.. M.tS 110
2d M..ia>:omo,6s ...JAJ, 19
Boost. W.St. A I'.fy-MtK. 200
1st mort.. 78, 1894 .J AJ, 100
89
Nimh Ave ...
90
8e nd Ave.—Stock
102
110
106
147
117
126
118
Bank Stock List— Litest
imsTloa
vm. Bxoh...
Dtv Dock
105
28
114
195
1C4
101
101
91
I
I
...«
210
I
3-JO
303 Si'...
124
Pi-Oftaoe Kx. 12«
IT*
RepabUo....
Seaboard .... 170'
Seooud....... 820
125
deventb
8hoe«l.e«ti>. 148
People's.
Phenix
St.
..
.
Nicholas. 130
SutaolN.r.
100"
Third.
Tradesmen's. 97
IJnit'd State* 200
Weelem
115
IWeet Side... 200
lis
106
110
THE CHRONICLE.
596
BOSTON. PHILAUELl'HFA AND BALTIXOKB STOCK EXCBAXQES.
Sales
^^ !«iiare Prices — not Per rentnm Prices.
Range
]
of the
Active Stocks.
Saturday.
1 1ndicates unlisted
A.tcn. T.
&
S. I'a
44
fDo8loH).100
"
100
Atlantic A Pac.
Baltluiorp & t)hlo
iBt prefcired
2d preferred
"
"
t
.
"
(PhUa )
.
131
131
100
100
"
Br. Top.
5%
Oct.
5%
5%
202 % 203
177
'202%
....
'176
177
174
177
174% 174%
*17>3
•SB's
la's
174
•17% 19
•17% 18% *17
19
«18
39
•36
39
*36
*36
39
*.<6
98% 98%
73% 73%
47% 47%
7%
22% 22%
99% 99%
74% 74%
4S
48
22'^
22 "4
73
7'«
73
164
55 >4
3514
20=8
"
50
A Reading
Bnmnilt Branch ^Bo«ton;. 50
"
100
Union I'aeitlc
United Cos. of K.J.rPhita.JWO
WeaternN.T.APaCPAiZa.J.lOO
74%
99>4
7478
46
46
*22
23
22%
39=8
103
2214
'25
79
79
25% 25%
4:%
50% 50%
74%
7d>4
165
55
35
105
55%
55
35>4
20
„
3514
20',
20%
165
55%
35
209,,
103%
205
132
117
102
10'^
165
•
75%
385
7%
20'>8
21
46% 47
50% 50%
65%
55''8
36
20:iu20
104
131
119
205
183%
209%
20%
War.
51
Jan.
Mar.
17
Mar.
Mar.
69%
Ant;,
18
65
Mar.
July
5
218
140
180
Get.
9
Apr. 8
Apr. 16
Jan. 20
Feb. 5
Fell. 13
Jan, 19
40
Feb. 2
Sept. 28
7578 Sept. 21
51
Jan. 9
7% Sept. 19
100%
25
Sept. 28
85% Jan. 5
27% Sept. 19
86% Apr. 23
28% Sept. 22
17% Jan.
43% Mar.
49 Sept. 21
51% Sept. 22
Auk. 18 146 Fell. 11
25 Sept. 19
3,706 17% July
4 278 Sept. 18
July
7,137, 31
328 94 Jul\
116% Jan. IS
26 63% June
71
Auk. 31
6,161 20% July
0% Sept. 21
14,122 58% Julv 31| 78% Sept. 2
2 1G2 July 29 16«% Apr. 28
Oct. 23
14,299: 49% May 1st 56
860 24 Julv 30 35% Oct. 12
4i21i:t,.
1210,,
37,491
Sept.2
Auk.
4% b'eb. 51 7% Aug. 31
5,145 32% Aue. 111 52% Apr. 28
63 222 Julv 31230 Feb. 6
978 Sept. 18
700
6% July 31
1,043
4.'5''8
June
120
103
*34
75''8
41
"230
119
...
165
*
55% 55%
Mar.
Jan.
Jan.
Jan.
2.560
10,802
50
69% 69%
28% 28%
74% 75%
*34% 36
85
127
18 113
16% July
34% Jan.
22% 22%
74% 75
69% 69%
28% 28 's
75% 7578
47% Sept. 21
6% Auk. 31
43 192
32 ,172% Jnne
25 '1.57 July
25% '25% ...
4:
47% 47% 47
50% 51
50% SO'b
»123
...
123%
22
22% 22% 22%
40
40% 40
40%
xl02
28% 28%
74% 75%
28%
Highest.
24% Mar.
520
4% June
45.654
»23
•
22i^
22
39'8 40%
'101
102
46%
*78
Lowest.
Shares.
I
103
130
117
of sales in 1891.
Week,
19
39
'
27
80
I
I
99% 99%
74% 75%
72% 73%
72% 72%
71
28>4
7%
'
SO's
123%
22
lt)5
5538
35=1
20-8
98T8
'77
39%
39
98%
22 14
25% 25%
47
47%
*
174% 174% 173
73% 74
46%
46
9i
*72% 73
50''8
'
Hi'
Friday,
Oct. 23.
5%
....
131
202% 202
175%
22.
t
44% 45%
5
102%
'
202
4
103
131
102% 103
131
21."
176
173
Phlla.
•
•69
70
28% 28%
74% 75
'55% "56'
*34% 35%
20''8 21I1.
6,p
!
40%
41% 41% 40% 41
224% 224% 224% 224% '224%
8''8
8%
8% 8%
S'e
mscellaiio-- nn Stocks,
88I4
Am. Sue'rRefln.lI r'Bos (on; ...
88»e
95
'
40''8
8%
86% 87%
94%
37% 87%
94% 95
9314
180 182
181 182
100 i'8i% 181
44
Bost. A Montana
44
44 >4 44
25 •44% 45
lei*
16% 16%
Butte A Boston..
16%
16% 17
25
256 258
Calumet AHecla
25 '258 260
258 260
60
Canton Co
60
(Ball.J. 100
"
45
45
Consolidated Gas
46
100 45% 455h •43
44
44%
Brie Telephone C.Bo»to)i>.100
44
45
44
44%
lAmson Store Ser. "
50 *18
18
18% *18
tehi'h CoalANav ThU.j 60
49% 499; 49% 49% 49% 49»»
50
K.Enfr. Telephone f B'<»<'n;iOO
50
50
50%
Korth American. (Phil.). 100 19% ig^s
19% 19% 19% igi*
Ttomeou H'uKl. .(Boifn) 25 4914 49% 49
4979
48% 49%
"
•26
Preferred
26'4
'2h
26
23
2t)%
26
"
West End Land
17% 18
n7% 18
*i7'e 18
* Bid and asked pnees; no tale was joa.le.
z fix dir.
>«
•
.
Inactive Stocks.
Pricet of Oct,
44%
5%
43'?8
202
Old Colony
rBo»(onMOO
Pennsylvania.. (Phila.), 50
"
50
Phlladel. A Erie.
.
Oct.
20.
Thursday,
i2
100
80
100
50 251a 25>a
48
50
50 'so'e 50'8
*•
5%
'
Wednesday,
177
2
202
177
"
Preferred
"
LehlKh Valley
Maine Central (Botlon).\W>
"
100 22^ 22'«
Mexican Central
"
100 39% 3H78
F. Y AN. Kng.
"
Preferred....
100 104 104
northern Central r«a/«.;. 50
Horthem FaclflcrPAt'a.J.lOO 28% 2a
"
100 75»s 7B%
Preferred
Preferrea
Bell Telephone..
4338
43'8
Bij
Ohle. Mil. A St. P. (Phil.J.lOO
Chic. <fc W. Mich. C£o«ton;. 100
"
100
Cleve. <fc Canton
"
100
Preferred....
"
100
PltohiMirkpref.
Preferred
Oct.
19.
103% 103% nOl
lOiHi
i
Hun &
Oct.
43*j
445*.
(SatU. IW
Bostou & Allmny Boston J -100
100
Boston & Lowell
too
Boston A- Maine
100
Central nf Mass
100,
Preferred
100
OhIc.Bur.A Quin
FL&PereMarq.
17.
Oct.
Munda)
Tuesday,
UU.
[Vol.
23.
41%
8%
8%
8%
8%
85% 87
93% 94
'180
182
255
8%
255
*60
-60
62
45% •45% 45% '45% 45%
*43% 44% 44
44
4--.%
18
18%
18
49%
4973
49''8
50
50
50
49
33''8
49
26
20
50% 50% 50%
50
19% 19% "19% "19%
*19% 19%
49
26%
1,0781 x38%Aug.
576, 24% Aug.
18
1,429 tl5% July
49
•2578
17% 17%
17 7e
Aug. - 7 220
2,719 39% Jan 21 50
2,030 13% Jan. 2 20
47 240 July 31 28O
25 49% Jan. 27 62%
175 42 Aug. 1 49
394 43% Aug. 12 50%
323 15 War. 30 24
4,747' 44% July 31 50%
42: 47% July 30 53
1,6021 1178 June 23 21%
1T6 173
255
63
58% Jan. 17 93%
84% Mar. 11 97%
6,828
238
94
181
43% 44%
15% 16%
16% 16%
'55
8%
...
85% 86%
94
180
44% 44%
255
'224%
Ex
1
Bonds.
55
1919, Var
1913, JADl
Coliat. Tr. 4% g
Pa. A N. Y. Canal, 7b... 1906, JAD,
1939, AAOj
ConsoL5s
Perkiomen, Ist 8er.,5s.l918, Q—Jj
PnUa.A Erie gen. M. 5g.,1920, AAOl
1920, AAO!
Gen. mort., 4 g
PhUa A Read, nevr 4 g.. 1958. JAJ
Ist pref. income, 5 g, 1958, Feb 1
2d pref. income, 5 g, 1958, Feb. 1
3d pref. income, 5 g, 1958 Feb. 1
1893, AAO
2d, 78
1911. JAD
Consol. mort, 78
191 1, .1 AD,
Cousol. mort. 6 g
Improvement M. 6 g,, 1897,AAO]
Con. M.,5 g.,8tampca, 1922, MAN!
Phil. Wilm. A Bait., 4s. 1917, AAOj
58, r
2% 3
Atlanta A Charlotte {Bait.) 100
85
13
90
13%
Boston A Providence (Boston) .100 250
Bonds.-Boston-;Oc«. 22.
Camden A Atantio pf (Phtla.) .50 25
3o| !At.iop.A8.F.10ii-yr.4K.,1989. J*J] 82%' 82%
Catawissa
"
50
9
6478 65
100-year income 5 g., 1989. Sept.
1st preferred
"
50 60
60% Burl. A Mo. River Exempt 68, J&J 112 113
2d preferred
"
50 t
57% Non-exempt 68
1918, JAJ
>»entral Ohio
(Ball.) .50
52
54
Plain 4s
1910, JAJ
84
"
Cbarl. Col. A Augusta
100
Chic. Burl. A Nor. lat 5,1926, AAO 5100
100%
Jjonnecticut A Pass. (Bo»toii) .100 120% 123
2d mort. 68
1918, JAD 5100%
"
Connecticut River...
100 222%
Debenture 68
1896, JAU
99 ibo
Delaware A Bound Br.(P/nia.) .100 tl50
Chic. Burl.A Quincy 4s..l922,F&A
85
Har.Ports.Mt.JoyAL.
"
50
Iowa Division 48
1919, AAO
81
83
Kan. Cy Ft. 8. A Mem. {Boston) :100
Chic.A W.Mich, gen. 5s, 1921, JAD
94
K.C'yFt 8. A Gulf pf.
100
Consol. of Vermont, 58.1913, JAJ '88% 88%
K. City Mem. A Blrm.
100
Current River, l<t, 53..1927, AAO
Little Schuylkill
{PhUa.) 50
67
Det.I,an».ANor'nM.78.1907,JAJ5l06%
Pitts. C. A St. L., 78. ...1900. FAA,
"'
Manchester A Law.. {Boston) 100
liiateru 1st mcirt. 6 g., 1906, MAS 5121
122
iPo'keepsie Bridge, 6 g.l936, FAAf
Maryland Central
iBalt. 50:
F ree.Elk. A M. V., st, 68.1933, AAO
Schuyl.R.E.8ide,l8t5 g.l935, JAD
122%
Mine Hill A S. Haven {Phita.) 50!
65
Unslanipedlst, 66....1933. AAO
8teubeu.&Ind.,l3tm.,5s.l914,JAJ|
50'
HesouehonlngVal....
"
53
54% K.C. C.&Spring., st,5g., 1925,AAO
1894, AA«i
United N. J..6K
Korthern N. H
{Boston) 100
K. C. F. 8. A M. con. 68, 1928, MAX 5100
Warren
A Frank., l8t,78,1896,FAA
North Penusylvaula. {Phita.) 50
82
K.C. Mem. A Bir., 1 st, 59,1 927, MAS
66
Baltimore.
Bonds.—
Oregon Short lJne...Ci<os(on; 100, 24
25
K.C. St. Jo. AC. B., 73.. 1907, JAJ
AtlantaACharl., Ist7s, 1907,
118
Farkersburg
{Bait.
50!
L. Rock A Ft. 8., 1st, 7a.. 1905, JAJ
1900, AAO
Income 6s
Pennsylvania AN. W. (Phila. .50
"4'7% Louls.,Ev.ASt.L..l3t,6g.l926,A&0 fl07
Baltimore A Ohio 4g., 1935, AAO
Ealeigh A Gaston
{Bait. 1100
2m.,2T6g
1936, lAO
Pitts. A Conn., 5 g...l925, FAA
Entland
{Boston) .100
4% Mar. II. A Out., 6s
1925, AAO
101
Staten Island. 2d, 5 g. 1926, JAJ
Preferred
100
74
Exien. 68
1923, JAD
Bal.AOhio 8.W.,l8t,4%g.l990, JAJ
Beaboa rd A Roan oke
{Bait.) 100
71%
Mexican Central, 4 e... 1911, JAJ
JAD
71
CapeF.AYad.,8or.A.,6g.l9t6,
Ist preferred
•
100
Ist cuuaol. incomes, 3 g,nou-cum.
1916, JAD
36
36% Series B., 6g
West End
{Boston) 50
75
2d cousol. iucome.s, 38, non-com.
1916.
JAD
23
Series C, 6 g
Preferred^.
"
50
83% 84 N. Y. A N.Eug,, 1st, 7e, 1905, JAJ 119% 20 Cent. Ohio, 4%g
1930, MAS
West Jersey
{Phita.)
50
57%
Ist mort. 68
1905, JAJ f
112
Charl. Col.AAug. 1st 78.1895, JAJ
West Jersey A Atlan.
50
28
2d mort. 6a
1902,
FAA
JAJ
1104
g..l929,
Ga.Car.
A
Nor.
lat
5
Western ^Iaryland..
{Batt.)
50
I'i
15
2d mort., scaled, 5s.. .1902, FAA , tl02
1900. JAJ
North. Cent. 63
Wilm. Col. A Augusta
•'
100 107
Ogden. A L. C.,Cou.6a.l920,AAO§ s\103%
JAJ
1904,
63
Wilmlngt'n A Weldon
100
Inc. 68
1920
1926. JAJ
20
Series A, 5a
Wisconsia Central. .. (.Boston) .100
1973 20% Rutland, lat, 6s
1902, .HAN
4%9
1925, AAO
Preferred
"
100
2d, 6a
1898,
FAA
Oxf.AClark.,int.gu.,6g.l937,MAN
)100
Worc'st.Nash.ARoch.
"
100
Bonds.--Philadelihla
Piedm.ACum.,l.st, 5g.l911, FAA
MIRCKLLAKEOUS.
Allegheny Val.,7 3 10s, ISiJe, JAJ 110
Pitts.ACouuells. Ist78.1898. JAJ
Allouez Mining
(Bo«/on)
25
IV 2 At antic City 1st 5a, g., 1919, MAN 103%
.„„
Virginia Mid., Ist 68. ..1906, MAS
Atlantic Mining
25
12%; 13
Belvidcre Del., lat, 6s. .1902, JAD 112
1911 MASI
2d Scries. 63
City I'asseugei KR... {Bait.) 25
69
Catawi3.sa, M., 78
lyOO,
FAA
117
1916, MAS
117%
3d Series, 68
Bay State Gas
(Boston)
50
26
Char.Cin.AChic.lst5K,1947, Q—
....
<•
4th Series, 3-4-5s
1921, MAS]
Bostou Land
10
6% 6% ClearllcldAJctf., 1st, 6d. 1927, JAJ
"
117
1926, .MAS
5th Series, 5s
Centennial Mining...
10
13% 14% Couuecuiig. 6a
1900-04,
"
West Va. C. A P. Ist, 6 ga9l 1, JAJ
Fort Wayne El.'ctrleTi
25
13% 1* Del. AB'd Br'k, 1st, 73.1905, MAS
li25
•
FAA
g.l914,
JAJ
West'-,
N.C.
Cousol.
6
Franklin Mining.....
25
16
Eastou A Am. 1 stM.,5s. 1920, MAN 108
Wilm. Col. A Aug., 6a.. 1910, JAD
Frenchnj'n'sBayL'nd
"
5'
4% 4% Elmlr. AWilm.,l8t,6s.l910,
••
JAJ.'
....
Huron .Mining
MISCELLANEOUS.
25 12 %c. 15c. Huiit. A Br'd 'rop,Cou.5s.'95,AAO lOt
Baltimore— City Hall 63.1900, Q—
Illinois steel fl
100:
75
78
Lehigh Nav. 4%3.
1914, O-J 107
Kearsarge Mining...!
Fund(nK63
1900, (J-J
"
25
10% 11% 2d OS, gold
1897, JAD 110%
West -laryl'd RR. 63..1902, JAJ
Morris anal guar. 4. {Phila.) 100
General mort. 4%.s, g 1924, Q—F
99%
Water
MAN
Preferred guar. 10
1916,
"
53
100 195
Lehigji Valley, 1st bs...l898, JAD 113 |....
Orceola Mining
Funding 5s
1916, MAN
{Boston)
251
31% 32
'»,Fewablc Mining
MAS
133%
1910,
Exchange
19.10,
"
JAJ
3%s
•i"
25
Consol. 6
Fullman Palace Car. I
1923, JAD 126%
Virginia (State) 33, new. 1932, JAJ
"
100, 190
191
North Peun. lat, 7s.... 1896, MAN 114
••
Chesapeake Gas, 6s
jfuiucy Mining
1900, JJiD
Gen. .M. /s
25i
Taiuantck Miulne
1903, JAJ 126%
"
Con8oLGas,6a
1910, JAD
26 164 165
Pennsylvania gen. ds r..l910, Var tl29
Thnin«''.KI,....\V
'..r.
.<
58
1939, JAJ
inn
io<i%. v.r (124
iKnuitahle Gas. R.s
1913. AAO
1 Unlisted, {Atdaooroedlntereat.
1 Last price Uu.
week.
; Boston wire damaged by storm; telegram not received.
|
.
I
I
'
'
.
)
1
.
1
JU
)
)
I
1
1
Sept.
Oct. 33
May
Oct.
5
5
Ask.
Bid.
Ask.
43
I
Mar. 31
Jan. 14
Mar. 81
Jan. 9
rights.
Bid.
I
Jan. 14
2
2
Sept.
Sept.
62% Sept. 31
14 26% Sept. 21
31 24% Apr. 2a
Inactive stocks.
Penna. Consol.
Sept. 21
Sept. 22
5
Thom.Europ.E.WeldH iBoston) 100
"
100
Water Power
"
50
Westing. El, tr. rec.H
Ask.
Bid.
41
41% 41
'224%
'224%
104%
110%'
'112
102
I
112
I
100
84%
69%
50%
38%
84%
69%
50%
38%
104
128
;
115%
103%'
102%'
115
51%
51
107
104
108
101
103%
117% 118%
100
99
99
98
104
107%
!
.
,
id6% iu6%
1101%
'101%
101
'
1102
.
.
1
.
I
105 1105%
101 [101%
114 115
117%'llS
108 110
1104%
1
]
1
;
"95"|!-----
113%'ll4
115% 116
114% 115%
107
[110
'
102" ids
106 106%
117
119
123
124
;
I
I
102% 103
65%' 65%
107 !108
112%, 113
98%
9S
j
105% 106%
October
24,
NEW YORK STOCK EXCHANGE PRICES
inl«r'«| iVK*
\Period. Oct. i^sj
BaILBOADAHD MlSOBL. BOKDS.
(Continued .-ilCr/VE flO.VO.S orr. 98, A.\n si.ycK
ISHl
-—
IU1L.0XD XMD
Lowul.
Uightil.
{
^^
AtToi &S.K.— 100-yr.,4g.l989 J
100-j car Inioii;ic.Sa
A Piic— W.l). liiK.
l
Seyt.
11>8U
'U
A O
BrookriiKli.vivt'iilst,0,«.19-24|A
i
Can. B.Mith.— l«tKuiir.,5» lilOS'J
1
1
1
J.— Coii8.,7s.lHU9
iwc.'tM
Am. l)..(k A liiiii,5»....li»2l J
Central faiiiU'-OoUl, 6b. .1898! J
Ches. ckOlilo-Mort.,0 g..lJlliA
1939
l8t<ou»ol.,5)?
R.cSiA.l)tv.,l»lcou.,'.!-4K.ly80 J
<io
•i(loon..lK •1989r'
1911 F
Che*. O. & So. W.— « K
Cailc. Burl. AQ.— Coii.,78.ia03 J
1913,
I>ebenturc..i8
1922;1''
Denver Division, 48
M
Nebraska Extcualou,
_. 49. 1927,,,
Chlo. A E. III.— l8t,9.r.,68.U)07 J
&
&
May
107
Jan.
July
|108
b.
J lOSHja.
J Kill^tib.
O
<fe
M
U5
N|101^
ii
!t2
IIi.IId
-"
1
123
ns
94 Mi
Sept.
C.'>
*
1
9.')
!
Q—
MAN*
M
.May
100 Ocf.
I0414 Oct.
104'eOct.
87 Feb.
112 Feb.
112 Apr.
Apr.
127%
Fell.
,115
Feb.
109
109
Sept.
1
'
'
fn.l
105% Apr.
loo
Jan.
loo's Jan.
I2714 Feb.
loo's Aug.
1
1
AS
AN
MA
—
.
91's July
HO
Louis. St. L.
ATexas—6g.l917F A A
Metro. Elevated— Ist, 6 g. 1908 J
2d,69
1899 M
Mich. Cent.— l8t,con.,78..1902 .M
Consol., 58
1902
Mil.LakeSh.AW.— lst,6g 1921
1
05
Oct.
Aug. lOO'eJan.
laiiflb.
Jan.
June 124 Jan.
110%Jan. llii Sept.
88 June 92is Jan.
110 Sept. 11558 Mar.
118
113% Julv 1118 Feb.
105% Aug. 112 June
june 113% Oct.
1
111
112
70''8
101
84
65
A N
A N
MA N
MAN*
122%
117isSei>t.
July !ll7 May
Aug. 85^8 Mar.
Mar. 112 Sept.
Mar. 98 Apr.
Aug. 88 Jan.
8514
J 113'sb 111% Ian.
106i4b.ll03 June
122ie
118 June
lUSisb. 107
Mar.
A
i
loo's May
7 lis June 8213 Jan.
97
1
AO
Mar.
93% May
'
llSiaJune
108 Apr.
1241s Apr.
108 Feb.
June 127 Apr
117
_ Aug.
_„ lOfeJanA A 99^8 97
A D 7914
74% Jan. 79i40et.
A A io''a
36 July 4S Sept.
103 May 111 Mar.
A N 108
3d,78
1906MA N'lUb.lOo July 118 Apr.
Pac.of Mo.— l8t,ex.,4g.l938 F A A 96'sa. 91 June 100 Jan.
2dcxteuded58
1938 J A J *102 b. 99isJan. 103%June
Mobile A Ohio— New,6g.. 1927 J A U 114 b.lll2 Jan. 117iaApr.
General mortgage, 48. ..1938 M A S 66
70 Feb.
62 July
»»8h. Ch. ASt.L.— l9t, 78.1913 J A J 125 b. 124 July 127'sJune
Con., 5 g...
1928 A A O* lOSVib. 102's Oct. 107'fi >lay
Exteii. AImp.,5 g
1929 F
M. K. A T.— 1st 48, g
199(iJ
2d 48,g
1990F
Mo. PaclBc— l8t, con., 0g.l92O M
NOTE-
"
b"
Indicates price bid
;
"a"
NE»r YORK STOCK
SECURITIES.
EXCUANUE
Bid.
Mon.
Alabama Mid.— Ist, g., 6s
1938
A Dan..— Ist g., 68.. 19 17
82
Atlantic
Pac—2d W. D., gu. 6fe,. 1907
A Ohio—Isi, 6s, Park B.1919
AU. A
gold
Cons. mort,goll. 5s
59,
* Jio
price
S.
115
1925 105
1988 105
A
'it
li.
.
I
Feb.
19.58;
,
69'8
70
4718 .Mar.
51
I
—
b.
1
Oct.
Sept.
SSI's 8«pt.
,
81
118
•
1
'
04 is May
Feb.
Jan.
91's Jan.
IOC's Jan.
76 Feb.
78ieOot.
114 Mar.
92i«Jan.
1 10% Mar.
107 Jan105 Jan.
108% Apr.
^..
|
So.Car.— I8t6g.,excoup.l920|
Inoome.es
.193l|
I
"
'
108
24
Aug. 108
29
102
13
!
Jan.
I
Oct
Sept
A J 102
100 Sept 103% Mar
A O llOijb.'lOgis Ap"r. 114 Mar.
6g
A A O 97isb. 97 "s Oct 101% Mar.
A J;102 b.lOl
July il04 Apr.
"^ Aug.
Tenn.C. I. AR.y.—Ten.D.,lst,6i: A A o; 90
94 Jan.
82
Binn.Div.. 6g
1917 J A J 93
84 Aug. 96>aJaii.
Tex. A Pac.— Ist, 5 g
2000 J A D] 85 >s
Si's Oct
801s Apr.
2d, income. 5 g
27 Aug. 35^ Jan.
200O March.- 32%
Tola. A. AN. a.— 6 g... 1921 .M A N 93 a. 92 Aug. 991s Feb.
Tol. A. A. A Gr. Tr.— 8 g
1921'
A J ':06 b. 103 July 1108 Apr.
Tol. A Ohio Cent- 5 g
1935, J A J 103 b. 1021s July 10719 Jan.
Tol. Peo. A We.9t— 4g
77 Jan.
1917'J A J 75 b. 71 Is July
Tol. St. I. A Kan. C.-6g..l916lJ A D' 88
79 July 91 Jan.
Union Pacific— 8 g
1899 1 A JllOisb 110 Sept lUisXar.
Sinking fund. 89
1893 M A 3 I03'4b. 105 Sept 111% Feb.
Collat. trust 4'8
74 Apr.
lOli .M AN 89 b. 69 Feb.
KansasPaoiao- I8t8g..l893 F A A loo's!). I04Sg Aug. 111 Jan.
I8t6g
1898J A D 103 Sib. 107" July 109% May
DenverOir.—6 g
1S99 M A NlIO b.|l08 Sept 11114 Mar.
lBtoonsol.,6g
1919 M A N I07'sb.'l05 Aiig. limApr.
Oregon Short Une—« g.. 1922 F A A lOO'tb. 93% Aug. ilOUif Jan.
""* Feb.
" '
Or.S.L.AUt'hN.— Con.5g.l91il,A A Oi 7214
66 Aug. 80%
U.P.l>en.AGuif con. 5g.l939 J A D[ 72%b. 81 Aug. 82 Jan.
Union Elevated— 6 g
112
M
N
Oct
A
110%
Jan.
1937
106
VirglniaMid.—Gen. m.,6s, 1936 M AN SO's
78 July
8»>i Feb.
90 Feb.
do
stamped guar. M A N, 81 b. 82% Oct
Wabasb— lst,5g
1939 .M A N 102is
961a -May I02>*0et.
80 Anc
2d mortgage, 5 ff
70 Feb.
1939. F A A 78
51 14 Sept.
Debent.M.. series B
27 M.y
1939 J A J: 46
9»is July 103 Jan.
236llJ 4 J lOJ
West Shore— Guar.. 48
WestN. Y. APa.— I»t5g.l937 J A Jl 99 b. 9« Jan. 101 reb.
2d mort. 3g., 5so
1927 A A 0*33 b. 27 July S6i«8ept
West Un. Tel. —Col. tr.,59.1938lJ A J 100
98 Jan. 100% Apr.
Wis. Cent Co.— Ist 5 g
1937 J A J 93%b. 88 July 97 Jan.
So. Pac., Ariz.— 6 g
1909-lOJ
80. PaciHc.Cal.1905-12'A
l9t consol., gold. 5 g.... 193^
So. PaciJc, N. M.— 6g
1911 J
1
j
"
'
'
.,
Income, 5
g., 419s..
1937|
g.
Bid.
.1090
*
80% 90
'
35
b.
88
July
47
8ept
Latest price this week.
BO.VOS-OCrOB£R
aS.
SECURITIES.
Ask.
...
Ifllfl
collat. trust, 5«... 10.^4
week.
1
*
100 16 i"'
98
99
Sost II. Tun. A W.-Deb. 6s. 1913
90
Brooklyn Elevated- id, 3-5S.1915
94
<uH. Rdch. A Pllt8.— Oen.,5«.1937
1921 lie
Roch. A Pitt.s.- l9t6«
116
Con9o:idat'dl*t,68.1923 114
do
9811 99
*irl Ced. Bap. A.Vo.— l»t,58.1906
CJonsol.
I
.
'
1 " '
RIv., Ist g., g. 5»
mday tbM* are the latest quutatlon* made ibis
,
g
g
g
is
W., Ist
1
1897MAN108
Jeni'lOhio Reor.- 1st 4>8».1930
(Stock Krekiinge Prica.)
Ball.
a"o.
Apr.
"
vo Sept
June 10«3„oit.
90
1958 Feb.
50%
32 Mar.
1958 Feb.
SB's
2514 Mar.
Pittsburg A Western— 4 g. 1917 J A J< 79
75>s Jan.
Kich ADanv.— Con.,0g..l915 J A Jill b. 107<98ept.
"--"'
Consol., 5g
19.36 A A 0*79ish.i 78
Aug.
Rioh.AW.P.rer.-Tru8t,6g 1897 F A A 85 b.' 82 Sept
Con l9t Acol.tru9t, 5g.l914 M A S 5814
61 Sept
Rio G. Western- l9t. 4 g..l!)3'.l J A Jl 7319
73i4Aug,
R. W. AOgd.— Con.,38....1922 A A O 103%b.'l05 Jai".
St. Jo. A Or. I9land— 6 g..l923 M A N-83 b. 82% Mar.
8t.L. Alt.AT. H.— l9t,?3.18!»4 J A J 11018b. 1U8
June
2d pref., 73
1894 F A A 105 b. 101 Aug.
St. L. AlronMt.— I8t7s...l892 F A A 101 '4b. loo's Aug.
SECURITIES.
Ask.
~B
Railroad Bonds.
ist pref. Income. 5
pref. income, 5
pref. income. 5
2d
3d
made up from actual sale* onW.
PRlCES-CCoatlnned).—/.V.lCr/Kfi
price aaked; the Bim,'e
i"?-,)
A DllOOisb. 103ts July IO714 Mar
A O 86 b.j 31 May 93% Jan.
StUASanFr.- 8g.,Cl.A.19i>(r.M A N 113 b.'lOS June !l I2is Apr.
6g.,cna99B
1906MA N;ll2'sb. 1081s June llSigApr.
6g.,Cla9sC
1908MA N|112 b. 107 June 14 Apr.
General mort., 6 g
1931 J A J* lOOisb. 103 July 1 10 Jan.
8t.L.8o.We9t.— Iat,49,g..iy89 M A N 71
|65>sJuly 711s Got
2d,48,g.,in'wrae
198M J A J 33
25 Aug. 3514 Oct
8.P.M.A.M.— Dak.Ex., 6g.l910 M A N Il7i«b.lll4 May 113 Jan.
l8t consol., 6 g
1933 J A J*115b.'ll
July 117 Feb.
do
reduced to 4'ag...j J A
99
97 July 1021s Feb.
-'
Montana Extension,
85 a. 80 Jan.
4 g 1937 ''J A
871s May
San A. A Aran. P.— l8t,6g. 1916; J A
'60 b. 61 Oct.
74 Feb.
Ist 6 g
1926'
60isb. 61
A
73«« Feb.
Oct.
8eattIeL.8.AE.—l8t.gu. 6.1931 F A
98 b. 95 Aug. 103 Mar.
96'a Oct.
117 Jan.
97 Mar.
109i2July 116 Sept.
68 Mar. 76 Jan.
87 May
SO's Aug.
78 July 8 2 Is .Tan.
Ii>9^ Jrioc
l:i7\ feb.
June
1
no .M«r. MA Peb.
14
A D 98
90 June •J" Sept,
A J loo's
101
94 Jiiii
Aug.
A O 113 b. limMny 116 Sept.
A J 90
H>i
June loo's Feb.
A J IHCv 113 J.n. 117', Anr.
Apr.
A O 110:'ib. 109 May Il4>4>nir.
A I> 109'«b. loti'aJnly 1I3>4 Feb.
A D 83
857, Jan.
7«>Jjuly
Cbio. AN.P.— Ist. 5g ..1940 A A O 7!>i*)b.' 76>iJuir
81 '4 Mar.
North. Pac. AMon.— 0(f...l93'* M A 8 102%
101
««„(. 109
Feb.
North. Pac. Ter. Co.— 0g..l933 J A J 107%h. 104 July 110
Mar.
OhloA.Miss.- Cons.8.f.,78.18!»8 J A J 109i|ib. 108>4 July 112 Feb.
Consol., 79
18!)8J A J 10!)'4e). IU7 Jftly 112
May
OhioSouthern- iBt.O g...l921 J A I> 107 "sb. 101 is July 110 Mar.
General uiort., 4 g
1921 iM A N 62
63 Feb.
55 J.n.
Omaha A St. Louis— 4 g ..1937 J A J 55
50 Ju e 581s Jan.
Oregon Imp. Co.— 1st, 6 g. 1910 J A D 100 b.! 90 Jan. 103 's Feb.
Consol.,
1939 A A O 85% 158 July
g
74 Feb.
Ore.R.ANav Co.— lflt,6g.l90!t;J A J 106%b. 10514 Senl. no Mar
ConsoI..5g
1925J AD 90 b. 85 Aug. 100% Mar.
Pa.Co.—4iag., coupon. ...192i:J A J 104%b. 102 July
"
106 Jan.
Peo. Deo.AEvansv.- 6g..l920!J A J 10)>isb. 100 J.in. 1091s May
Evansville Div., 6g....l920iM A S 100 b.j 95 J >». 103 Feb.
2dmort.,5ir
1926 M A N 74
74^9 Apr.
60 Jan.
Peoria A East.— Cons., 48.1910 A A O 79 b.^ 73 June 81% Sept
Income, 4s
1990 April. 28%
16 June 29ii Sept.
Phila. A Read.— Gen., 4g.l958 J A J 84%
74>9 Aug.
85 Oct.
CalroArk. ATexa.9, 7K..1897 J
Gen. R'yAlandgr.,5g..l931|A
A RioG.— l8t,7g.l900iM A N|117 b. 11438juue
114% June
l8tconBOI.,4g
1936 J A Jl 78%
77 Aug.
Det.B.CltyA \[j)eni»—6g.l913;j A J 00
90 Oct.
961s Feb.
Det.!yiac.A.M.— IAlgraut8.I91l'A A O, 3413a. 29is Jan.
35% Sept.
Dul. A Iron Range— 59
1937;AAO''98 a. 95 Jan. lOO'e May
Dul. So. Sh. A Atl.— 3g....l937 J A j' 96 b. 85 July
99 Feb.
E.Tenn.V AG.— Con.,5g 1956 M A N*93 b. 93 Oct. 104 Jan.
Knoxville A Ohio, 6 g.. 1925 J A J 102 b. 102 July IO919 Apr.
Ellz. Lex. ABijrSau.- 6g.l902 M A SI 81 b. 80
95 Jan.
Oct
Ft. W. ADeuv. City— 6g..l921 J A D 101 's
93 Aug. 105 Jan.
Gal.H.ASanAn.-W.Uiv.lst.Sg. M
94'sb.
Han. A St. Jos.—Cou9., 68.1911
S *113 b.
niiuols Central— 4 g
1952 A A O 94
Int. AGt.No.— l8t.6g....l919M A N 115 b.
Coupon, 6 g., trii8t rec 1909, M A 8 70 b.
Iowa C'eutral— 1 8t, 3 g.
1938 J A l)i 86 b.
Kent3oky Central 1 g.
1987 J A J 801s
KingB Co. El.— l8t, 5 g.
1925 J A J| 98
Laclede Gas— Ist, 5 g
1919 Q-F 79
Lake ICrie A West.- 5 g.
1937 J A J IO714
L. Shore- Con. cp., l9t, 78.1900 J A J 1201s b.
C0U80I. coup.,2d,7s
1903 J A 1)122
Longlgl'd— 1st, con., 3g.. 1931 Q^J 114 b.
General mortgage, 4 »f.. 1938 J A D 90
Louis. A Nash.-Cous., 79.1898 A AOllO b.
N.O. A Mob. l9t, 6 K
1930 J A J1177eb.
do.
2d,6g
1930J A J 112 a.
E. H. A N. Ist, 6 g
1919'J A D 113%b.
General,6g
1930 J A U115%b.
Unifieil,4g
1940 J A j' Hn^
Louis. N.A. A Ch.— Ist, 69. 1910 J A Jill a.
Cous()l.,6g
94 b.
1916 A
Kcl
1821, Oct.
103
115
I939J
2d,7g
06 Jan.
71'sSept.
89% Oct.
931s Oct.
1191a Feb.
83 Feb.
Denver
6g..l9U M A H
115 b.
106'4
'
'
103 Mar
1 19
Jaii.
91's .May
132 Feb.
121
.Mar.
1
b.
1) 10.-)'4t>.
.5
107%
13!) -41
B.
8 '132
July
»»iV«ept.
July lis
Apr.
July 132 Jan.
I
112 14 Apr.
114>sOcl.
1
j'127
a'
Mar,
H9
109
125
108
j
I
!
IHi, May 123
94's
J 113
'
9.-)
1
AO
lin,li
.
-
l«t. S<llltllWC8t Div., 09. 1909, J AJ'.lllisb. lOHh Aug.
110 Jan.
iBt, .^o. Min. »iv., 68....1910 J A J;114
Ist.Cb.Al'ac W.DIv , 5».192l!J A J 1 0638b. 104 Jan.
J
A
J
100
94 Aug.
Chic. A Mo. Kiv. DIv., 5s. 1926
Wig. A Minn. Div., 5 g..l92l'J A J 104'4b. 100^ July
1914,
J1IO5
Teriiiiual.o g
A
1100 Mar.
Gcii. M.,4g., serlcB A...1989 J A J| 35
Si's July
Mllw..vNortU.— M.L.,G8.1910;J A D 110 b. 107 '9 Jan.
1913J A DllO b.!l07 Jan.
l8t,con.,69
ChlcAN.W.—Cou9o1..7b..1915
F ' 135 b. 131 is Aug.
1902,J A D 124
CoiiiM.u, gold, 79
121 June
Sinking fund, 68
1929 A A 0-ll2b.lll July
Slnkiiia fund,59
1929 A A OiI06i4b.l05 Jan.
106i4b.'l02 1.1 July
Sinking fund deben., 59.1933
2r>-y,-nr debenture, 5. ...190!)
AN* 106>sa. 102 July
1926F A 4*92 b.' 93 Oct.
Exteu9iou, 49
Cl'ic. I'uo.ASt. Louis— 5g.l928M A S 98
a.' gaisJuly
Chic.K.I.APac»6s.coup.l917 J A J 120 b.lllSisJuly
95 '4 Mar.
ExtensiouHndcol.,5s...l934 J A J loo's
Chlc.St.I-.AlMtt.-Cou.,52.1932! A A o;io0 b. 100 Feb.
Chic. St. P. .M. A O.— 68... .1930 J A i»,119
lll3'4June
Cleveland A Canton—3 g.. 19171 J A Jl 86'4b.' 8Uis Apr.
C. C. f. AI.-rou.sol.,7 g.l914 J AD*12ib.l28
Get.
General coiiijol., 6 g
1934 J A J*113b.ll3 July
Coi. Coal A Iron— 6g
1900 F A A 100 b. 98 is Oct.
Col. Midland— (Jou., 4 g... 1040 F A A 70%
62 Apr.
Col.Il.Val.ATol.— Con.,5g.l93I|M
87%b. 78 is Aug.
General. tig
1904J A Dl 93 b. 80 July
I
lo3>4 Mar.
133>4 Anc. i37>4Apr.
104
Oct. 1 10 Ju.
l<)-.
.s
UiglnH.
Lowest.
100% M»7
J 124i«
J
Midland of N.J.,(lg ...I9li>A
Norf. A W.— 100 year, 5 g.litim J
North.Pac— Ist, coup., lig. 192rj
General, 2d, coup., 6 g.. 1933 A
General, .3d, coup., 6 g. 1 937 J
Consol. inort., fig
losiij
& J 7liab.
72 Out.
's July
* J 73 b. 64 July 74 Oct.
& A 103 b. lei's Auk. 114 June
& J 122>« 117'« Julv 123 Jan.
M & N '100 b. 95^ Aug. 102 "a Apr.
A 85 b. 88 8ei>t,
Jan
A N'SOisti. 80 July
---,
88?»Jaii.
A DllU
llOSSgJuuo US Oct.
1934;A A 0*117 b. 1191a Apr. 121 Jan.
Cou»ol.,Og
95 Jan. lOii Apr.
General consol. l8t, 58. .19371 M A N| 97'4
ClLU'au'oAErle— l8t.4-5g.l982M AN, 94 b.' 81 Apr.
Oct,
Ocfb'r
40
Iiicoiuo,58
26 June 4ii4 0ct.
l'(82i
Chic. (;a» L. AC— lat,5g.l937 J A Ji'SO b. 8.>ifl Aug.
92 Hi Apr.
' A jI123Hi
120 Jan. 123i2Fcl>.
Chic. Mil. ASt.P.— Con.7s.l90o]J
<!i
103
.V
()
fut.
I,
N Y.HiiB.AW.— l8tref..5g.lfl:f7
117UJ Mar.
May 102
A
A
A
,'i«
». Y. Ont. AW.— iBl.
Consol. l8t,5g
107% Aug. lI-'%Mar.
(M. 23
4N
A
A
Coiirttruotlon,
1983 K A
N.Y.I,.K.A\V'.— lBt,oon.,7g.l9-..'0 M A
Ln»gUoi'k.7a
1893 J A
Cousol.,«g
19.35'A A
.6g
2<lconsol.8g
1969 J A
I
Mar.
Ill's MaiJan.
Auk. 99 .May
July 108>«Jaii.
110i« July
115
N. Y. Dhlc. A8I. I,.— 4g...l937!A
N. Y. lOlcvatcd— 7»
1906 J
!N.Y. l-.ic'k. A \V.— l»t,6»..1921:J
UaHiJiiii.'
b.'120
lOil
Q-.M
l»12iM & N
Jail.
07 "4 Koli.
OSijJaii. loo
Foil.
XL'S
J:ui.
118 Mar.
Leh.&W.B..o(in..7»,a8'(1.1900i
i:.fL-f,3»
8<'i>t.
July
I0;i-1,b.
1111)11
I»l
7.'>
b. If 'JH)
General iHortifaec, 5 k.. li)87|J* J
do.
'
July
I08''a Apr.
1«
llil
Miir.
Oct,
0U\8i-|>t.
JW,
"^li'r**^ r../«/<,T2l
.vi,«,.L. Boxu.,'/,./*,-./
\f*rlo<l.
N.Y. t'enlrnl— Kxt<-nd.,5«.lH9:< H
l«t, coupon. 78
19o;)'J
Deipi'n..;iK. coup.. 1SS4..1904 .M
S. Y. A llarl.'iii— 7H,reg...l9<K»,.M
81
OTgJiily
01)
J 107
A N
Mar.
88%
b.
73^
M A S, l)7ni
Q—J 115 b.
I'.iia
2<l,.'i.H
CeiilrBlof N.
Cou»ol.. 7*1
76
«5's
1
J
<V
It
83^
J
it
Atl.
Uiiiiniiitrpil,
m
THE CHRONICLE.
1801.1
Bid.
Rap.A No.— (Contin'di—
Minn. A 8t I.u— 1st 7s. gu..I0-J7 100
lowaC. A West— I8t7>....l009 05
97
Oed. Rap. L F. A N., 1st 6».1W)
19" 80
Ut 5*
ACIn.M.l»t,4i»«.1933
C.Ohio- k>l.
•«ni. RR. A Bank.-Col.g.8«.1937
ChatRoraeACol.-GId ir.5t.l!»37 79
Sav.A West— l»tcon.trta.5«.l»J9 73
Atk.
Burl. Ced.
Vni. of N. I.-C.iiiv. d-lK. lU
I'lO-i
^^
100
lOOlt
93
9S
8S
...••«
THE CHRONICLE.
5\)S
FRlCliS.-INACTIVE BONDS-fContinuedJ-OCTOBER 23.
NEW YORK STOCK EXCHANGE
1895 106 1»
18a6 107%
1897 108%
1900 IO.516
19^*9 100
1900 98
Central Pacific— Gold bds, 6e,
tioldbontU, 08
Gold lioiids, OS
Ban Joaquin Br., 68
Mort. (fold 5s
Land prant. 58. g
West. Pacific— Bonds, 68.. ..1899 IO414
Ko. Railway (Cal.)— l8t,C8.1907
1938
971s
SO.year 58
Ohes. & O.— Pur. M. fund, 6s. 1898 109 »s
1908 114
A
68. gold, series
fjhes. O.
So. West.- 2d,
OhicacoA Alton— l8t, 78
&
0S..1911
liouis.
& Mo.
99
D
D
,
,
104
101
•1091^ 110
1C2
9li«
8II4
93
117
117
117
117
123
125'*
106
C—
.
L. Sh. A M. So.— C. P. AA.— 7s. 1892
Buff. AEr.— New bonds, 7s. 1898
190(j
Dot. M. AT.— 1st, 79
Lake Shore— Div. bonds, 7s. 1899
Mahon'g Coal RR.-lst. 58.1934
Kal. All.
A G. R.— 1 st gu. 5^'.1938
LchighV.,N.Y.— Ist gu.g.4ics.l940
Car. A West,— 1st 68. g. 1916
1898
I/ong Island— 1st, 7s
N. J. A R'way B.— 1st, g. 5s. 1 927
I.ttchf.
2d mortg.,
19;
inc
SmithtownAPt.Jeff.— lst,7s 190!
Louis.Evans.ASt, 1..— Con.59.193!i
Louis. ANasb.— Cecil. Br. 7s. 1907
1 92(1
Pensacola Division, Gs
St.
LouisDivislon,
Ifit,
6S...192]
1980
2d, 3s
A Decatur— Ist, 7s. .190(1
1910
8. f.,6s.— S. A N. Ala
Nasbv.
10-40, gold, 63
1924
1937
50 year 5s, g
Pens. A At.- 1st, 6s, gold. ..1921
lat, 2>2S
Collat. trust, 58, g
1931
Nash. Flor. A S. 1st gu. 5s.,1937
Lou.N.Alb.ACh.— Geii.ui.g.59.194(
Extension, 4s
Lou. N. O.
Olio. A W. Ind.— Ist, s.
General mortgage, 6s
Oji Ham. a D.— (Jon.
f.,
St.
114% 11512
8.1905
1937
L.& Chic— l8t,g.,4a.l936
1920
"9236
Consol ,6s
Jack. A Mac— Isr, «., 5s.l93t
Clev. Ak. A Col.- E<i. A 2d 6s. 1930
CCC. A St. L., Cairo div.—4s, 193!i
et.Lou.Div
lsttol.ts'ws,s.l940
On.
—
Sprinp.ACol.Div.- l.'tt.g. 4s. 1940
WlilleW.Vai.Div.— lst,g.4.s. 1910
Cln.8au.ACl —Con. ot,g.op, Wii
OUCol. Ciu. A Ind.— Ist, 78,8.1.189
Consol. sink, fund, 7s
l'M4
Clcve. A -Mall. V.— Gold, r)8...193(Colorado Midland- Ist, n., 6s.l93(i
Columbia* Green.— l8l,0s.. lOlt
.^2<1. 68
192ii
I>sl. Lack. A W.— Convert. 78,1892
Mortgage 78
1907
Byra. Bliig. A N. Y.— Ist, 78.1906
JforrigA Essex— Ist, 78
1911
Bonds, 7s
igot'
7«of 1871
1901
Ist, con., guar., 78
1915
Del. A Hud. Can.— l8t, ex. 7s.l891
Coupon, 78
Ig94
Pa. Div., coup., 7s
1917
A
Siisfi.— lst,gu.,7«.l»06
Ist, cons., guar., 63
19O6
Reus.
Bar.— 1st, coiii>., 7S.1921
»«nvcr l-tty Cable- Ist, Gs. ..1908
Denv.
R. G.— Iiup.,g., 3s... 1928
JS. Tenn. Va.
Ga.— Ist, "s... 1900
A
A
A
OivLsioual 08
1st «xt., gold, 58
1st con.
92
Tenn
lien. 7s.
National— Ist, g.,
2d, income, Gs,
2d, iucome, Gs,
1
1"
Gs.l927
"A"
"B"
1917
1917
1 909
Michigan Ceutral— 68
Coupon, 5s
Mortgage 48
1931
194(
S.AW.— (Jonv. deb.,
Mil. L.
3s. 1907
Mich. Div., Ist, 63
1924
Ashland Division— 1st, 6s .1925
.
"si"
Incomes
Mino.A St, L.— 1st, g. 78
Iowa Ext;nsion, Ist, 73
2d mortg., 78
Southwest Ext.— 1st, 7s
1
Albany
.1934
is. J.
2d mort., 5s
1934
Louis.jSt. L. A Tex.— Ud g, O's. 1917
MHnhifctau Ry.— Cons. I9
199(
Memphis & Cliarl.— 69, gold. .1924
Mexican
2d, gold, 4I2S
I.
ATox.— 1st,
-
123
124
63.1919
193:;
8. f.,
9278
121
120
i"l6'
'102
107
110
110
99
1927
190!
1 891
1910
PacitlcExc.— 1st, 6s
1921
Impr. A equipment, Gs
1922
Minn. A Pac— 1st mortg., 58.1936
-Miun.S.Stc.M.AAtl.— l8t.5s.192t;
Mlun.St.P. AS.S.M-l6t c.g.43.193^
1 st, 4s, g.l 991
1309i 132
Dal. A Waco— 1st, 58, gu.... 1940
Missouri t'aciUc—Trust 5s... 1917
1251s 127
138
IstcoU.Ss, g
192<
•1141s lie's
St.L.AI. M.-Ark.Br.,lst,7.s.l89o
Mo.K.AT.— K.C.&P.,
iu'i'
119%
133
133'"
99%
107%
1081s
138
1930 '103
193'
A Ohio— 1st ext.,
Mobile
192',
Gs.
St. L. A Cairo—4s, guar
193
Morgan's La. A T.— 1st, Gs....l92<'
>
1st, 7s
1918
147
100
79
I92(j
5.-(
con.s., rd. coup.,
Keorg., 1st lien. Us
Ulst,
192h
110
101
78...!;"l«2r
i9o>,
,l5-NY.AE.-,8, 7s...::::is?t
n».Y. L. K. A tt -Coi.tr..0s.l92i
I^Funiled cuup.,5»
129
iofij
io'JH
196'(
88
^tccouie, *»8
1«»7''
72
jiBuB. A 8. w.-Moitg. B8;::ii)08
BJJea.rs.jii-iM Kii. g. u» .... 1909
ibi'%
^CoalARK.—
Us
92
78
.Cvaus.
,
Sol. Co. Bruncli-liii«, g., bk'.l^M
KTans. A Indian.— Ist, uuna 1920
FllntAP. Mari|.— Mort..68
Ist con. gold,
5ft
Pott Huion— .81, 5s
Cen. A Pen.— isi a.
W\tL.
b*.
1920 117
1931,
i93(,
'l9i>,
101
97 '8
9Uiii
72
• *io
price Friday;
13915.
140
112
tnew ar« the
98
97
3
1923
Chi.St.L.APad.— I9t,gd.g.5sl917
St. Louis So.— 1st, gd. g 48.1931
do
2d income,-53. 1931
100%
1932
Car. AShawt.— l8t g. 4s
98
St. Lou A S.Fran.— Equip., 7s,1895
117 119
1931
General 5s
a7 100
Ist, trust, gold, 5s
19S7
26
34
Kan. Cltv A 8.— Ist, 6s, g...l91G
Ft. S. AV. B.Bg.— l8t, 6S...1910
si' St. Paul A Duluth— lst,58....193]
103
1917
2d mortgage 3s
103
St. Paul Minn A M.— 1st, 7s. .1909
II4I8
1909
2d mort,, 6s
6214
1922
Minneap. Union— 1 st, Os
112
Mont. Cen.— 1st, guar., 6s. .1937
98
1937
1st guar. g. 59
East, Minn., 1st div. 1st 58.190«>
1021s
103
San Fran. A N. P.— 1st, g., .3.9.1919
103
Shenan.Val.— Ist7s, g. tr.iec.10O9
100
Gen. 6s, g., tr. rec. asst'd...l921
1931
98
South Carolina 2d, 68
80. Pac. Coast— 1st, guar., 48. 1937
Texas Central- Ist, s. f., 78. 1909
1911
1 st mortgage, 7s
Texas A New Orlean^lst,78.1905
Sabine Division, 1st, 6s
1912
99
Tex. A Fac, E. Div.— 1st, G<.]905
Third
(N.Y).—
115
Avenue
1st 58, 1937
100
1917
Tol. A. A. A Cad.— 63
4311 46
Tol. A. A. A Mt. Pi.— 6s
1919
11
14
1940
Tol. A A. A N. -M.- 58, g
113 12U
Union Pacitic— Ist, Os
189b
111
Ist, 6s
1897
102
1st, 6s
18^8
"9^%
Collateral Trust, 6s
1908
114
Collateral Trust, 5s
1907
Gold, 68, col. tr. i.otes
115 123
1894
100
1893
C. Br. U. P.— F. c, 78
110
Atch. Col. A Pac— Ist, 6s... 1905
lOlSg 1061s
Atch. J. Co. A W.— 1st, 6s... 1905
5714
U.P.Lin. &C0I.— lst.g.,53. 1918
'95
Oreg.S.L.AU.N.,coi.trst.,5s.l919
95
Utah A North.— Ist, 73
190»
63
Gold,5s
53
1926
Utah Southern— Gen.. 7s ..1909
Exteu., 1st, 7s
1909
Valley K'y Co. of O.— Con. 6s. 1921
711s 72I4 Wabash— Deb. M., 8eries"A".1939
No. Missouri- 1st, 78
1895
St.L.K.C. AN.— R.E. ARR.7S. 1895
90
St. Charles Br'ge— lBt,6s.
79
SO-.,
1908
105
West. Va. C. A Puis.— 1st, Ga.lOll
•109
Wheel.&L.E.— Ist. 58, gold.. .1920
• 80
Exteu.iion A Imp. g., 58
1930
iTllsceiluiieuiiM Aloud.4.
106
Amer. Cot. Oil Deb., g., Ss... 1900
113
N.
i93J
1924
E.— liV
'
. .
4.;
'
laceat quotations
! ! !
made tWs
! !
.
1021a.;
84
81
65
77
100
94I2
'
83
89
103
101
95
Ill's 115
llOis
112
92
99
ii'i"
101
88
.101
100
no
llllo
80
10712
108%
109
1-j
92
100
78
77
77
72
105
75
97
95
108
105
103
100
IIOI4
93 12
79
97
107
1021s
91
10014 101
Amei. Water Works— ist Gs.. 1 90
"98
Ist cons. 5s, g
1907
'4.
Cahaba Coal Min. — 1st g. 7s. .1907 108 112
ChicJun.AS.Yds.— Coi.t.g,5s,191d
Colorado Fuel— Gen. Gs
1919
98
951a Col. A Hock. Coal Al.— 6s,g..l91i
Cousol'u Coal— Convert. 6s. 1897 103 « 103
Cons GasCo.,Chic,-lst gii.58.193G
70
51% Denv. C.Wsft, Wks.- Gen.g. 3s.l910
Det.Uu.DepotAStn— 1st g. 4s.l938
80
Edi.son Elec. 111. Co.— 1st, 5s.lt>10
100
84
. .
lOi
105
1021s 103
Equitable G.
91
lo7
106
94I9.
no
107
10314 107 1».
97
96
ibais
"92
101
95i«
OS's lb2ia>
West. Union Tel.— 7^... io/3-.iyao •112
108
Uullated Uouds.
jyyj,
iQ'iv
"94"
1990
75%
Ogd. A Lake Ch.-lst con. 69."l92(j 104
OHIO A M1.9S— 2d consol. 7s
1911
8piing.Div.-lst73
" 190'.
General 58
wrt-t
Ohio Itiver RR.-i,t. ds".
I
I93U
Geu. g.,58
Oreg. Ry AKttv.' "(5oi; ti-! K.'.iiV 1919
—
102"
i
78...
Val. IstSs..
A
58
110
. .
"
.
A Ext., Gs
10414-
no
8s...i89G
A F.— 1st 6s
1903
Heuderson Bridge— Ist g. 6s.l93i
Hoboken Land A Imp.— g. 3s. 19i0
Gs'.'.igls no's 117% iMutual Union TeiegU —Gs, g.l9H
HelcuaAltcdM'n— lst,g.,6s ]<)3',
Nation'; Starch Mlg.- 1st, 6s,192u
99
Dululh&ManiUiba— Istg.dilMi, 1044!
N.Y. A Perry C A 1.— 1st, g. 68,1920
Dul.&.Maii Dak.Div.— Ist6s 1937 1041..,
Northwestern Telegruph— 7o, 1904
Cteurd'Aleue- lat,6s,gold 191(j
People's Gas A Coke / lstg.G3,1904
"'
Gen. lsi,g.,6s
105
'l93h
Co., Chicago
5 2d g.6s,1901
Cent. Washington— lst,g.,08' 1 93h
Peoria
Water Co.— 6s. g
100
1919
Norfolk A West.-GcneriiGs 11131 120%
Pleas. Valley Coal— Isc g. 68. 1920
Now River, 1st, Gs .'
an,- 110
Proctor A Gamble — lst,g.,63.1940
Imp.
Scioto Val.
110
Kan. C. A Omaha— Ist, 5s.. 192
A. A T.H— 2d m. inc.78.1894 104
1894 33
Dividend bonds
A So. 111.— 1st,
A Car.— 1st, 6s
87>a.r
100
St. L.
Bellcv.
Belle V.
95
1021a
lOj
. .
CUueU
no
63.... 1900
Rio Gr. Junct.,l8t,guar.,g.,5s.l938
Rome Wat, A Og.— 1st M.. 78.1891
1925
St. Jos. A Gr. Is.- 2d inc
113% 115
.
Adiustment M.,
Equipmeut, 5s
1.,.^
A I'.ll.- I«t,uon8.,0»' ]9s>i
Mt, \eniou— Ist OS ...
hiu
75
Beech Creek-lst, gold, 4,-i 1936
?#• ^H.-lst, reg.49.1903 '103
ivN. VY. A Northern— 1st, g.. 58 1927 104
"75"
2d,4s
51I4
19U.;
N. Y. Susq. A West,- 2d, 4ii9"l937
Gen. mort., 59, g
1940
82
.
riltli, exteudi'd,
72
Income,
do.
102'
1121s
123
Ill's
Kq.41uip.,g.,68
J93B
so"
Mobile A Blrui.— l8i, g.,3s. 1937
Alaliaiua Central- Ist «8...191b
North'n Pael.ic— Dlvid'dBoriV) ext
rie— Ist. extended, 78
Is97 116
James River Val.— 1st, Gs. 193(!,
|2d, extended, 58
1919 115% 117 Is
Spokane A Pal.— 1 st, 6s.
1 931
IJM, ext«'uded, 4H.8
1923 107
St.PauI A N. P.-Ueii.,
UiMh, extended, 4s
91
& St. L.— 2d, Gs 1901 '109
NewOrleans AGiilf- lst,6s 1926
N. O. A. No. E.— Pr. 1., g., Ga. 1915
N. Y. Cent.-Deb. g. 4s
1903 ioo"
N. J. June— Guar. Isit, ts
1986 '100
Nash. Chat.
iie" 120
140
93
78
110
100
83
103
.
m
C lie. St. P. & Minn.— 1st, 6s.. .1918
_8t.Paul AS. C— Ist, 6s
191
. .
,
2d Div., 7s ...1894
Dub. A S.
9715
r«d. Falls A Minn.— 1st, 7s. 190'
1181s Ind. D. A Spr.— 1st 79, ex. cp.1906
Inter. A Gt, Nor.— Coup. 6s. . 1909
125
Kanawha A Miob.— Mort. 4s. 1990
ICan.C.Wyan.AN.W.— lst,5s.l93S
rKortUeru 111.- Ist, 5s
1910 IO2I2
0.R LAP.— I).W.AF.D.,l8t48.iy05
O n.
C—
.
La
1905
1005
''K-okuk A DCS M.— 1st, 5s. .1923
O il'. St. P A Kan. Cltv—5s..l930
Minn. A N. M'.— 1st, jj., 5s.. 1934
Aek.
Bid.
.
1031s
1031s
.1919 101
C. & Da v., 5s....
.1910 119
H. & D., 7s
99
H. & D., 5s
.1910
Chicago A Pacific Div., 68 .1910 114%
100%
Mineral Point Div. 5s
1910
1921 '10211
C. & L. Sup. Div., 53
Farco A Soiitli., 6s, Assu... 192.1 110
90
lac. conv. sink, fund, 5s
1916
99 100
Dakota A Gt. South., 5s
1916
Oilc.&N.W.— 30 jear deb. 5s, 1921
Escauai.a A L. 8. 1st, 68
1901 •ibs'
Des M. A .Minn.— l8t, 7s. . . . 1907
Iowa Midland— 1 st, 88
1900 *I20
Peninsula— Ist, conv., 7s. -.1898 120
11612
Chic. & Milwaukee— Ist, 78.1898 116
190'
1221*
Win. A St. P.— 2d, 7s
Mil. A .Mad.— 1st, 68
190r)
Ott. C. F. A St. P.— 1st, 53..1il0i> 1021s
lai,
1st,
lat,
SECURITIES.
Ask.
C—
116
80
Rlver-lst, 78.1900 '114
1900
2d, 7s
Bu L. Jacks. A CTilc— l8t,7s.l894
1894
1st, euar. (,^64), 78
MI3S.R. Bridjre— l8t, 8. f., 6s.l912
Qliic. Burl. & Nor.— Ueb. 63. ..1896
Onlc. Burltnp. & Q.— 5s, 8. f.. 1901
1903
5s. convertible
Iowa Div.— Sink, fund, 58.. 1919
1919
Sinking fund, 48
1921
Plain, 4.S
Ohic & Indiana Coal— 1st 58.1936
OhI. Mil. & St. P.— l8t,8s,P.D.189g
1898
2d, 7 3-103, P.
1902
Ist, 78, $ c, R.
Ist, La Crosse Division, 78. 1893
..1897
l8t,I. & M., 78
..1899
l8t, I. & D., 7s
..1903
l8t,C. AM..7.'*
..190!Ist, I. & U. K.vUiU.'iion, 7
Bid.
Penn.RR.-P.C.AS.L.-lst,c.,7s.l900 *110
100
Bar. A San Ant.— 1st, 68.1910
1 912 *J39
Ist, 78.
100
Pitts. Ft. W. A
Gal. H. & 8. A.— 2d mort., 7s. .1905i*
1912 •138
1931
2d, 7s
West. Div., 2d 68
128
1912
1927
7s
6s
3d,
Ga. 80. A Fla.— Ist, g.
Clev. A P.— Cons., 8. fd., 7s. 1900 12216
Grand Rap. AInd.— Gen. 5s. .1924 * 77
6S.1892
•lOlis
78
SO
4tb,sink.fund,
6s
.1911
Green B. W. A St. P.— 1 st
St. L.V.AT.H.— Ist,6s.,7s.l897 111
2d income, all subs, paid
1898 'IO7I4
2d, 7s
Housatonlc- Cons, gold 58.. ..1937 103 Is ibeis
1898
2d, guar., 7s
N. Haven ADerby, Cons.5s..l918
II2I2
112
Peo.AE.-Ind.B.AW.-l8t,pf.78.1900
AVaco A N. 7s.. 1903
HouB. AT.
1937 100
Ohio Ind.AW.- lstpref.58..1938
let g., 5s (Int. gtdi
99i«
113
981«
.1921
Union—
Ist,
6s
1912
Peoria
A
Pek.
Cons. g. 68 (int. gtd)
1921
70
61
2d mortg., 41SS
621s
Gen. g. 48.(int. gtd)...... ...1921
convert
pref.
83
Phila.
Read.—
3d
A
Debent. 6s, priu. A mt. gtd. 1897
100
60
'" Pitts.C.CASt.L.— Con.g.4i«8A1940
Debent. 49, prin. A int. gtd.1897
105
Pitts. Cleve. A Tol.— Ist, 0s...l922 -109
niinois Central— 1st, g., 4s . .1951 '89'
90% Pitts. A L. Er.— 2d g. 5s, "A". 1928
1951
1st, gold, 31SS
1932
106
Pitts.
Mc. K. AY.— 1st 6s
Spriugf Div.— Coup. 6s .... 1 898
1921 112
Pitts. Paiusv. A F.— 1st, 53...1916
Middle Div.— Reg., 5s
•111
G3,g.l916
Cent.
1st,
Presc't A Ariz.
C. St, L. A N. O.-Ten. 1., 78.1897
1916
2d income, 69
1897 111
1st, consol., 7s
Rich. A Dan v.— Debenture Gs.1927
1907
2d, 6s
1909
Equip. M. s. f., g., 5s
1951 109
Gold. 5s, coupon
1951
Atl. A Char.— 1st, pref., 7s.. J 897 102
Meiup Div., 1st g. 4s
fial.
1893 105
1903 1211s
BInViiiK fund, 68
SECURITIES.
Ask,
Bid.
SECURITIES.
rv^oL. Liii.
98"
ids
116
114
98
88'
Ala. AVlcks.-Cou8o#3g.,l y21.A&0
2d M., income till '94, 1921..AAO
Vick3. A .»lerid.,l8t 6s, 1921.AAO
Atlanta A Charl.— Ist 7s, 1907. J AJ
ComstockTuu.— lnc.4s, 1919.MA.S
Georgia
Pac— 1st
Gs, 1922..
Consol. 3 g., 1923
Income 68
Little It. AMem.-
..JAJ
AAO
l8t5g,1937.MAS
Meui.ACbarl.- Cons.
g..
1915.J A.I
90
70
95
80
9712 100
31
129
33
99
100
117
5313
64
"73 ij
73"
lio
114
OcrroBER
THE CHRONICLE
24, 1")91,1
699
MarntHf Ktinrmi.
Lalett
%nvtstmtnt
WukorUn
ROAUf.
l^ailraad %nUlliQzncz.
The 1NYE3TOK3' SUPPLEMENT, a pamphlet of 150 payan,
eontains extended tables of the Stocks and Bonds of Railroads, and othtr Companies, with remarks and statistics eoneerning the income, financial status, etc., of each Company.
It is published on the last Saturday of every other month
viz.,
January, March, May, July, September and November,
and
is
furnished without extra charge to all regular subscribers of the Chronicle. Extra copies are sold to nib*eribers of the Chbonicle at 50 Qfiits each, and to others at
f 1 per
RR
& KiH..
acKiririn
copy.
Auirunt ....
(liMi. Mo.
Mcitcnib'r.
(icrfcl'ii,* Wii AiiKimt
Or. Rup. Aliid.. •Jd wk Oct
OIn.lt.APl. W -Jil wkOnl.
Oth«r
Total
line*
.
..
ad wkOct.
all linen. 2<1
wk
50,172
*
T'N.nz?
68.612
H.I03
53.4M2
9,971
1,«98.I3I
2.087,017
9.h;i7
351,379
3,785
67,101
r72,ao7
177.4.5.1
t7l.-ilO
2.426.U6A
3.fl!>0,)«34
4,695
n 1,838
419,.521
Oct.
M.AM.
Ht. P.
27,136
cpicinb'r,
KiiBl.of Minn.
(•lilcinli'r.
MootiinaC'ent
cptcinb'r.
Tot. Bystein.
••((tcniirr.
Ouir AChleuKo.
*•
I, .302,23
lub'r.
1,638,907
r.
Illd.Dee.AQilIn
•ipteiiib'r.
The General Quotations of Stocks and Bonds, occupying
In. Aot.Nortli'n •d wk Oct.
4x pages of the Chronicle, are published on the third Iowa Ontral... d WkOct.
Iron Railway...
Ktcmb'r.
'•aturdny of each month.
Jack'v.Houtb't'ii 2d WK Oct.
RAILROAD EARNINGS.
Latal Samingt Reported.
Roads.
Week or Mo
1831.
1890.
Jari. I to Latest Dale.
1891.
1390.
I
J'k'nv.T.AK.W. AniruBt
KnnawliaAMlch iBtwkOct.
Kan.C. CI.ASp 2a wk Oct.
K.C.F.S. AMeni. 2d wk Oct.
K.C.Mein. ABii. IrttwkOct
Keokuk A We«t. d wk Oct.
L. Kile All. A 80 Hcptcuib'r
L. Krie A West
2a wk Oct,
.
Alabama Mtdl'a
Sci>tenib'r
Atlagbeuj Vai.
August
Atoh.T.<be.Fci.
•2il
wk
wk
43,693
212,349
725.935
37.313
763,278
148.975
36,655
185.610
948.90
65.964
15,357
'9
Oct.
Halt owned ... •Jd
39,463'
Oct.
Total sjswiii. Jd wk Oct.
838,870
8tL.&BanF.. 2d wk Oct. lfi9.823
Half owned.. 2d wk Oct.
38..536
Tot.S.L.AS.F •-'1 wk Oct. 208,359
Akk. total
Jd wk Oct. 1,047,229
AtUntaAChar." Auen.st.
61,409
Atlanta A Plor a Si'iitemb'r.
10,201
.
Atlanta A W.Pi. Wj'iitcinb'r.
46,775
B.AO.EastLiuu.- Hoidomb'r. 1,803,018
Western Line:* 3Ri)tcmb'r. 500,335
Total
Soptcuib'r. 2,303,353
Bal.AO.eoutliw. •Jd wk Oct.
54,567
Bait. A PotiiiB"! AURll.St
150.170
Bathitllain'nd.-^ Aiif^ust
2,796
.
Blr.
it Atiaiitie.
Bir.Sh.&TeuD.K
Bait Roch.A Pill
Seottnub'r
.Vii>?ust
wk
4.'045
20,.393
63,203
88,344
157.731
464,000
15,715
3,688
Car. Midland... .Vuyii.st
4,381
Ced.Rap.&.Mar.. Soptcmb'r.
2.700
Oen.RR.ABs.Co Juiy
496,912
Oentralof N. J.. August
1 ,305.042
Central Paoillo.. Antru.st
1,610,944
Oantralof 8.C.. .august
7,707
Ohar.Cln.AC'hic Scptcmi>*r.
12,000
•Oharlest'n&Sav A uguxt
41.545
Ohar.Siiiu..feNo. 'Oiiloiul^'r.
17.000
Ohatt'n't'aUnru •^eptcuib'r.
8.547
tJheraw. <lt Darl. A'iu'n«t. ...
6,252
Cheraw.&,SaU8b AuRuat
1.328
Cbes. &01il().... •-'d wk Oct.
183,020
Ohes. O. & H. W 8i>|itemb'r.
211,636
•Chic. & Alton... Sci)teiub'r.
755,400
Ohio. Biiii. iv I.). Ailfjllst
3,161.840
Ohlc.A Ea.st. 111. •id wkOct.
80.581
riii(.a!,'o A Erie.
250,485
Autrust
01iic..Mil.&St.P, •Jd wkOct.
743,729
CWc.&N'tliWu. 8eptemb'r. 3,186,213
<3hlo.IVo.A.St.L .Tunc
00.173
Chic. R'Ifl.&P.H September. 1,847,48U
OhIc.St.P.AK.C. Jd wk Oct.
98 901
Chie.bt.P.M.AO. Ausju.«t
686,329
cue. A W. .Micli •2d wn. Oct.
35,974
•Cln.Oa. APorta. Beptcmb'r.
7.001
'Oin. Jack A.Mac.
13,223
wk Oct.
Ctn.N. O. AT. p. >A wk Oct.
91.639
Ala.Gt.Buulh. 2d wk Oct.
40.917
K.Orl. AN.i;. 2d wk Oct.
26,148
Ala A Vicksb :d wk Oct.
16.172
VicKe.SU. & i' '2d wk Oct.
15,433
ErlanKcr S.vat. 2d wk Oct. 190,309
Oinn.Noiiliw'u. Hcptemb'r.
1,902
•Clu. PortH. A v.. Si'ptemb'r.
26.008
,1
Oct.
Bar.C.R.ip.&N IstwkOct.
Oamdea A
At>. .\UKU8t
Canadian Pacittp 2(1 wk Oct.
Cp.F'r&Yad. Val :;<1 wk Oct.
Car.Cmn.G&Cli. .Vujrnst
'-'i.
A
Col.
Mav.sv. Siptciub'r.
01n.Wai).A.\iicli. Weptcmb'r.
Olev.AkrouJcCo. 2d
A
wk Oct.
<31ey.
Cuutou.. Julv
Ol.Cin.i'li.A.s.l- 2d wk Oct.
Peo.
lOasfn. 2d wk Oct.
-Clev. A.Marieci:i .-^optcmb'r.
•Color. Midland. 2d wk Oct.
A
Coi. H. V.
A
i'ol.i
Col.SUawneeAU
Ooliisa A LuKc.
.Septenib'r.
Hcpt*iul»'r.
.Seiilemb'r.
•Conn. Itiver
August
•Current itiver.. 2il wk Oct.
Deny. A KioUr. 2il wk Oct.
Des Moiu. A No. Septenib'r.
Des.M.AN'wesI
JDeuBay ';.&Ali>
S ptenib'r.
Ill wk Oct.
2d wk Oct.
Det.Lu[iH*>c A No
Diilutlii^.S.,VAtl Au);iiHt
Duliitli
Winu Se lemb'r.
A
K.Tenn.Va.AOa. 2d
Elgin Jol.AEaat.
wk
Oct.
Aii»;ii8i
£ui.i>«x.Aii.a.. iHily
E7an9.AInd'i>llh 2d wk Oct.
Bvans7. A T. U. 2d wk Oct.
Fltohburi;
lAiii^u.st
nint.AP..MarQ. 2.1 wk Oct
Florence
iAuKUSt
Oni.A p. 2il wk Oct.
Wt.Vi.Si KloUr. 2(1 wk Oct.
Oa. Car'la <v No Au«iii.t ...
Flor.
46,.525
,710,630
512,193
2,
222,8-23
48,774
142,485
2,556
6.345
15,682
51.332
88,272
161,667
397,000
16,559
2,559
4,8?C
2.551
416.641
,295.335
,637,457
7.901
13,5"3
42,30
9.300
9.955
7,836
1,448
157,163
206,449
295.970 1,256,588
547.02K 6.25 1.585
338,711 31,429.553
330.870
326.875
,177.019 13.858,245
,083, 12(; 1.210,928
,260.17.-i 18,069.173
,924,307 1.816,961
,147,29:1 1,114,536
14,147
12.34:<
38,403
131,H65
174,72
58.319
126,688
,72«,23!t
582.202
151.011
461,2(r7
29,385
I
1.681,004
2,380.434
592.009
2,769.888
431,4:14
16,983
.144,838
,785,909
61,961
8,675,314
9,970,502
75,758
112,465
507.M>3
84,600
74.800
8'l,120
4."0,006
17.880
86,570
65.27(1
62,2.>7
15.275
14, .385
,782,533
,697,471
6.00-,2-24
1,53 .',437
.69'2.»2i 22,671.652
8.1,957
,925,337 2,.'. 19.669
,700,717 1,807,135
,572,407 20,13'i.075
,656,800 2(1,3; 6.035
235,761
660,523
,030,651
2.8.287
,722,246
98,451
59'i,l73
34.334
7.116
13,810
93,647
39,021
22.615
14.128
13.236
182.647
2.050
23,461
75,300
19,559
75,674
54,627
17,722
207.G.'55
281.577
34.014
34.685
32,210
301.965
35,770
2,027
108,698
3,483
188,000
23,331
641.698
54,365
2.086
27.702
11.514
8.062
,841.78' 2.^.175.068
231.0.-,6 4,9;i7.998
659,800
969
6,1i22
633.S17 ,1,676,512
,51s.30B 23,892,583
323.379 I.2.'-2.387
,016.229
l,lv>l
33,867
31,111
35,067
344,626
57,758
2,750
104,036
2,920
184,300
15,055
20.756
7.266
27.279
262,497
5.479
151,291
70.379
80,009
A M.8 .July
LeblKhA Hud.. Septemh'r.
L. Rook A Mem IstwkOct.
LoDR Island
2d wk Oct
L. Sliorc
9
4 .903
211,«73
79H.407
51,0.50
11,0741
26,405
9.054I
24.338,
1-7.325
,401,825 r25:il,45l
,516.079 3,377,5.50
.762
,.561.820 4,
328.601
m
,38 ,5 17
l,2:i-<.869
50,063
572.256
4!i,070
1
,37'<.-i00
25,540
023.77-
()70.l34t
7.231.532
728.942
910.972
O,154.4)»0
8,IMlt.44:i
7,-/40„397
3o.O'i3
J,01'.,«SH
1I6,0«I>
28.444
8.40s
1..55-2.92J
26.565
1,001,713
122.1<OI
13.2'-7--''-
39.876
;i
109.333 2,;(;
48,908 l,3:i i.^^',
2.855
25.643
16,r28
887,174
31.18523.643
7,097
213,271
9.312 ^242,'249
10O.246 3,.592.72l
I
21.6.:
36.457
31.061
17.563
17.4')0
81,381
42.053
31.250
330.(U9
88«..-,52
428,2611
61.214
107.59
1
10,'i55
11,5
311,442
271.171
48-.»,946
406,'<I5
:
..
1.411.001
4.865.101
-*
-:iI.I94
•,76«>
:
•
1.761
:i.l.'i7.2ll
1,240.271
91.8M5
1,050,708
1.451,427
5,946,6-22
231.224
6.6.")7.793
19,377,050
186,034
2,425,045
264.985
2.756,540
171.604
104,647
A
.8epterab'r.
A
AOUu
.Septemh'r. 1.128,055 3.592.8-0 3l,9D-i,43l 29.78 1. 7^23
2.916.'26S 2.798,61 -i 19.550..',><1 19.027.I19
AURll-it
699,621 667,071 4.532.7161 4.741.374
AUKU)!t
57J,104 570.73.1 4.(136.141)1 3,^(97.931
All^U.^t
Su'n
Orl.
S. Y. C.& H.K.I'
W
S. Y. L. E.
N. Y. Pa.
N. Y.AN.Euif..
N. Y.ANonU'u.
W..
N. y.Ont.
W..
N.Y. 8u«q.
13,583
eiiteiKb'r.
47.388
2d wk Oct.
Scptcmb'r.
SorrolkAVVe.ll.. 2d wk Oct.
158.121
217.749
A
A
S'tlieast'iuS.
C;
63.20'<
:16.788
-VuBU.st
Sorth'uCeiitiai. Vugust
Sortberu PaciUi 2d wk Oct.
No.Pac.AW.C. 2d wk Oct.
Ohio A .diss
2d wk Oct.
mver
612.108
678,203
781.579
102.777
Lit wU Oct.
15,625
14,688
16.188
42,781
Obio Southern.. '2d wk Oct.
Obio Val. of Ky. 3wksjuly.
Omaba A
252..569
3.73^J.O'<.J
87.26 .3.335,78(1 3.23O.308
31.3^2
23'i.OlO
228.197
33,282 1,210,632 1,000.471
401,310 15.51 1.3 1!i'l4;84.5;8i7
6l).94l
2.235.100 2,045.397
68,819 2,661,389 2.105.935
8,276
366.424
317.111
12,1.56
126.947
71.37
.
ijblo
27.5;«»
546.957
415,618
6.59.701
MempblRACba^ 2d wk Oct.
40,882
41,621 1.214.543
tMezIcan Cent.. 2d wk Oct. 173,913 122.965 5.542. "lO
(Mex. National 2d wk Oct
80.408
79,451 3,2.-::
I.Mexican R'wa\ Wk Oct. 3.
68.5 .0
87.100 3,1
Micb.C.ACan.So July.
1,261.360 1.193,764 8,2.Mil. l,.8b.A Weal 3d WkOct.
74,118
89.833 2.86.1. -.11
Milwaukee 4 No
40.766
» Oct.
32.725 1.330.677
MineralRange.. opton.u'.
13.921
12,439
104,927
Mluneap.ASt.l~ •ptemb'i
190.530 152.8.0 1.244.563
.M.Ht.P. A8.S.M.
265.530 167.099 1,679.209
eptomb'i
Mo. Kan. A Tex.
291.624 249.62
UwkSei
6.24I.96'*
Kan. IJ. A Pac •hwkSei
11.070
9.09
26-*.7.i6
Total Syst'ui
wk
247.564 239.97J 7.009.241
Ocl
„'. ^.
Mo.Pac.AIrouM
565,457 496,30 19,215,711
.Mobile A Blnu.. latwkOct!
7,065
6,840
195.146
Mobile A Obio.. Sopteiub'r. 275,321 2dl,53tf 2,485.819
MonU'ieyAM.O 8cpteml>'r.
75.671
40,15.
652,200
Nash.Cb.AStL.t .Scp'enib'r. 479,955 350.06-1 3,372,071
.S.JerseyAN.Y .VUKU.^t
30,20.1
26,8.7
188.515
New
l,"-'-/.*HiH
9.04
311,932
2H(),78!
0.46'
6.370
53.956
5(1. 126
6^<,289
64.77
2.5111,622 2.391.201
1,840,8.50 1,701.812 11,:190,H97 ll,625.6(:2
Lvncho.ADur'iii Scptcmb'r.
.
t85.5.',.'V
80fl.34rt
July
Oreuou Imp. Co. AU)5i«t
8t. I...
410.610
Peunayivuuia .. iuifiwt
6.2 2,375
Peoria Uec.AEy. 2d wk Oct.
14,87
Aii);ust
41.75!
Pbila. A Erie... .VUjTIl.Ht
610,321
1
•
Peteraburu
A liead'g
1
1,992
l-.:2.986
40.153
380.771
396.176
5^.427 2.37N.775 1,'<96..578
115,7,6 1.-218.553 1.153,688
201.5 .8 7,0>8,001 6.643.153
42.33 I
501.^72
468.583
533.698 4.3-.3.905' 4.3L»o,532
663. S9 18.7 19.1C9 1 89:1.98
7-0.768 2 i.73i>. 15121 .'.(62.6.55
Iu9.6il0
1
3.3 13.5I>7: 3.3lK).6-26
521.8.(7
520.166
5.570
13.970
41S.973
155.423
4 4,267
260.091'
l:!,028;
419.87
)'
676.762
.5.93.).8^') 4J.3'i7.5(i>J
6:n,983,
36J.il8i
11.572
3->.>9ll
4:it.835
3.2:»9,2(!2
421,403
116.201
351.355
2.955,166
43.:63,833
6'22.44S
368.048
3.3-23.853
502,554
4 12,173
Pittsb.
Phlla.
Auifust.
0,812.286
Pitla.Ulcv.AT. July
5.596
179,278
9,435
lr..O02
July
lii!),;<03
.542.386
4U.977
712,087
389,713
66
i)."il,619
1
7.207
M 12
2;i7,423
A
West'ii
Pitta. Pain. AF.
...
July
1
!
!
Total aysteiu 2d wk ("ct.
Pltt.YotiuK.AA. .Seplemb'r.'
PuRoyalAAUK.Aujtuat
PtRoy.A W.u.ii.'.August
I
I
Pie8.AAiix.Cen.;Hcptoinb'r.!
(JHlncy O.A K.O. Hoptcmb'r.
10,219,402
1,1'. 1,106
210.511
599.328
1. 4(17.208
Obar.CoL.VAii. Seplcmb'r.,
37:4,8:i?i
2.167,46;j
4U,29.>
216.107
Dreeuv. .iiptemb'r.'
Uol.
W<!at. No. Car. 8epleiub r.|
Ricb.AOauvlllc. .8epleml>'r.l
Vir. .Midland..
Scptemb'r
|
A
2l,8li.-'
I'.P.^tO
OeorKia Pac
..
Seiil.'iub'r.
721,5ti3
7:16,868
Waab.O.A
..
Scidenib'r.,
Aaliv.
A Spai-t.
Scplemb'r.]
120.928
i:i(i,2.i5
6, 597.4111
6,(1-9,817
95,638
146,^07
366.X70
073.918
1(1. ,4.55
4 29.-93
--,051
952,791
fi4',032
:iV,25d
155,005
.-,.719.957
52,3-92
41H,520
78,067,
6,519;
22,620,
701,6iul
56,2Jli
4 7,271
266,1 6:1
:!71.I08
4 16.0113
23 1.388
82(i.983
4.595,.5J6
!,279.9l)2i
2.490
20,720
0,236
2,312.755
24.781
1,089,696;
9ll5.3.( t
3.747I
73,1)03
1
27.B93
36.8I»3
1
.963.7
110.680
123.98'.>
46.8:>6
32.9;il
3J.7I5
21.612
47,892
|
437.0,".3
297,.">22
2:):l,926
215,210
6..566
Louisv.ANasbv. 2d wk Oct
Louis. N. A A On 2d wk Oct.
Loniav.N.O.AT. 2d wk Oct.
Lou.St.L.ATox. 3d WkOct.
,624.:i88
916,155
4,,546,957
05
6,327
108,341
I.oiili.AMo.Riv July.
Louis. liv.ASt.L 2d wk Oct.
1,19.">,957
1
2.7
27.204
34,321
w,vn
27.11 1.1
1.821.705 13.8l.).4>3 H.3-27.al5
CoalAIrouCo. August... 1,917,729 1.717.817 12.261.012 11,330.691
Total both Co.s. Vut'ust ... 3,91 1..504 .1,572,532 26,1(19,467 24.663.906
3.524
32,920
Pitta. .Mar. A Cli. Hcpl-^Bili'r.'
3.96
27.797
Pltt.9hcn.A L.E. Supteiul.'r.i
22.5231
2l2,0-Oi
35.1 4 1|
104.23a
521,607
3,419.9s3
),474,9!I9
4.215]
51.437
—
141.045
876.620
471.616
453.276
246.49d
41.4.57
I09.'295
t
1,1.53.916
AA'i.Ooa
097 ,350
lot. 196
lO9,902
158,188
106,404
566,822 1,311,453
2.947
2,89<»
1.58,6.58
152,990
18,001
15,170
9.167
.
(•ptemb
1,
1,.
UouHutoiiic
AutCUHt
HuTue»t'iiA8het>
uib'r,
lliilch A.Soutb'n
((ptcinb'r,
Illinois Centr'l.
IW*.
4<'8.516 I5,:l4i'.40| t5,*HHI.2»|
77,4«7 2.84'2.873 2,01'<..-,Ol
U8.31I
Oet.Or.M AM. Wk.Oat. 10
Oreot Nortb'n
Lmlttt
«
2,1*30
Grand Trunk... Wk.Oet. 17
Ohio AOr.Tr. Wk.Oet. 10
I (•
i»9a
121.751
UI.488
I
l»n.
ItWI.
AJID
W
Total Sy.a'm. -26 wk OcLi
Rich. A Pelerali. AuKUat
Kioilr'deSdUth. 2(1 wk Oct.
{2d wk Oct.:
Rli) Or. Weal.
,
Rome W. A Ot'd.'8ept;-nib'r.t
S.iir.TiiacolaAlI. .Septenib'r.;
81. 1,. A A 1'. 1 1. 1!'.-; 2d wk Oet.i
9t.l,.8(inthw'rii.i-2d wk Oct.
8t. Paiil.v ixil'in'l at WkOct.
S.Ant.AAr.Pasa. ithwkSen.
8. (•ran. AN. Pac lat wkOc^.
6aT. Ain. .t .Mull scptemb'r.
8<^nitlel,.8.
A
1..
SUvcrton
6IOUX City * No
ItbwkMay
|.Vin((iat
.ViiKiiat
Suttib (.'arolina 8epieiub'r.
Bj. PacincCo.—
Qal.Httr.A.8.A.'Auini«t....
46.873:
150,1,81
25.518,
26.176!
1-2.200]
26.313'
490.3001
213.10>;
71.9001
«rj.i:)7
2J.-19..
4 18.550
210.i0
,
I4.357.(> >.i,
l.-07,»3-l
67.6llOl
79,-0.;
696.546
.59 8. so I
lll.iliKi!
8 5.2. 01
7-<6.3-<o;
176.200
17.620
16./-(iOl
3.53.005
27,712
(<5.1<00
158.30OI
16.'I50|
•25.521
1.307.775
111.415
22*.92'2,
220.763
I9.5.42:«l
l.iO'J'i':^
2.9-(n.5(i3
2.985,.V37
376.991
III.772
77
3S.U7
43.5921
10.861
ft
53,000
43.689
13.15S
12.105
2.1
i
1.0-1. --9
3.1'i5.9«7
1.2'<«.6l9
1.2S 1.407
662.i:i8
31.570
106.1-5
4S.263
10.1.501
674.17»
610.979
703.777
38.3J0! I.993.072
ll.lO^!
13,7.56
32. lO-
117.8.55,
1.6J7JM)3
5,76o:
t<.41i;
35.55U
1,116 070
4.12:..7(K»
121.131'
109.4.56
332.575 10.56a.93l IO.O93.7O0
1
58.100
351.523
r2.-|.-202
832.128
273.7-25
256,946,
168. .16
1 53.283
1.767,671' 1.7.53.105
]2l.2>7,
9(2,101, 1.062.446
207.7-27
22.3ll5i
21-'.! i:!
31.111
12.962'
i-("
•.r2<)
18.1-<4
357. .:5l
Hl.7
•.
7().«»7
71.413
1.0)5.474
2.955,286
1.I01.9-2S
l.I«i.7tA
5(10
551
2.>4.MS
146.00*
51.709
2-'.7l'l
157,000
162.33.
355.2831
370.463
1. 2 il. (").!>
i.oss^iVii
9.7a2.»a3'
9.6ao33a
I
THE (JHKONKLE.
eoo
2d
!»««& o/
[Vol. LIIi.
af llwauVee L.
Sh.
A
ft
Milwaukee «Norihern.Mo. Kan. A Tex. (2 r'ds).
Mo. Pacific A Iron Mt...
Kew Tork Out. A West.
Serf oik A Western
Atlantic sys.c.
Borthern Paciflo
Ohio A Mississippi
Ohio Southern
Peoria Decatur A Evansv,
PittsbursT A Western
Bo Pac. RR.—
BNo.
Div. (Cal.;
Bo. Wv. <Cal.)
Arliotia DIv..
A
St. L. Alt.
T.H. Brches
8t. Louis Southwestern. .
AN. W....
Toledo Col. A Clnn
Toledo A Olno Central...
Toledo Peoria A Western
Toledo St. L. A Kan.Clty.
Texas Sab. V.
BtonjCl.ACMt..
Bnnmiit Branch
LykeoH Vallej
Tot'l both C'o'p
Tenn. Mkllatirt..
Texas A Pacilli'
Tex.S.Vai&N.W.
lol.A.A.AV M
A
Wabash
Western N. T.
Ulster
A
CID.
AK.C.
Del....
8t.Jo.A(5'(ll8l. .\UKUSt.
All oth. lines.. August.
August
I
WrlehtsT.ATen. July
Zaues. A Ohio... Istwk Sept
In 1890.
(Includes aaruiagt from ferries,
•/ loeludee Rome
Mexican ourrencr
•eparatelT.
both rears for September and the nine mouths.
bat not
<
ate.,
ff at.
not ^iren
* Ogd. i>
Latest Gross Earniugs by Weeks.— The latest weekly
earnings in the foregoing table are separately summed up as
follows:
The returns
on the whole continue very favorable, and for
the second week of October the 88 roads included in the statement below show a gain of 6'82 per cent in the aggregate.
AS.P
Roads J'tly owned "i.
Bt. Louis A San Fran..
Roads .J'tly owned ^.
Ubio iSouthnest'D
Pitub..
Canadi.iii Paciflc
Cape rear A Tadkin Val
Ohesajieako A Ohio
Ohloago .« east, niluois
Ohicaeo Mil. * St. Paul.
ChtcacoSf. P. A K. Clt.r.
Ohicatco A West Michigan
Oin. Jackson A Mackinaw
CIn. N. O. A Tex.Pac.5 rds
Cleveland Akron A Col
. .
Cleve.
Cm.
Clilc.
A
St. L.
Peoria A Eastern
OoloraUo Midland
Current River
Benrer A Rio Grande...
Detroit Bay C. A Alpena
Detroit Lansing A North.
Baet Tenn. Va. A Oa
vanev. A IndianapoUa
Bvansv. A Tcrre Haute..
FIlntAPere Marquett;
ria. Cent.
A
Peninsula
.
Worth .4 Rio Grande,
•rand Rapids A Indiana.
Ft.
Cincinnati R.
OthfrUnes
•Orancl Trunk
A
Ft.
W.
of Canada.
•Chicago AOr. Trunk..
•Det. (id. Hav.
A
Int AOt. Northern
.Mil
.
Iowa Central
JackeonTillc Southeast.
KMiBcsCliy Clin ASpr..
Kan.CityFt. g.AMein..
Keokuk A Western
Lake Krie A Western
Long Islnnri
Lonlsv. Eviitsv.
A
8t.
Meuiphlt A Charleston...
Mexican Central
Saiioiial
1891.
1890.
798,407
39.463
725.93.^
38.530
37,343
148,975
3H.65E
.">4.5«7
•48,774
63,^03
461.000
51,332
I6il.823
15.71.1
183.020
80.581
397.0111
16.55f.
157.16;-
hicrcas(,
20,><4S
1,881
5,79S
11,871
67,000
844
25,857
8»,957
3.376
66 ),52S
83,206
98.901
98.451
34.334
1.640
35.974
13,223
190.309
19,559
2«7,65S
33,867
35.PS7
2.920
184.300
7.260
27.279
151.291
6,822
450
13.811
58';
182.647
17.722
281.57
34.014
"7.662
3-l,i IC
3,757
3.483
ISa.OOO
9.051
24,338
155,005
6,518
1,837
13,932
147
2,941
303
22,62(1
781
54.365
27,762
11.514
60,172
9.971
56,251
20,720
9,236
53.4i2
7,042
2,278
4.>i95
40.^.8441
3,785
910
400,00.')
8,839
109,2-.6
51,4371
27.204'
6.327i
lO^.Wll
8.408
68,289
34,250
428,260
04.244
107,594
10,(90
40,882
173,943
"O.l^S
77.467
25.510
109,333
48,908
16.528
9.312
10O,246
3i.1-'2
401,310
60.94
68.819
8.227
41.624
1 22.965
79.451
3,714
1,886
"ill
'3,310
—
1890.
1891.
re-
Increase.
—
Amount.
S
P.ci.
552,632
630.878
572.356
74.^397
506,345
591,113
7-71
8-48
7-61
7-42
6-20
6-82
fol"
full
Orots JCarnmas
1891."
1890
,
'i',59'6
""38
3.529
10,676
S
Baltimore A Ohio723.931
Lines K.Ohio Riv.. Sept. 1,803.013 1.710,630
Jan. 1 to Sept. 30. .14,177.049 IS, 858, '245 4,911.086
6,571.095
18.747,976
Oct. I to Sept. 30. ..18,976,706
90.166
500,335
512,193
Lines W.ofO.RlT.. Sept.
633,713
Jan. 1 to Sept. 30.. 4,083.126 4,210,928
880,114
Oct 1 to Sept. 30... 5,534,092 5,664,120
814,087
Sept. 2,303,353 2,222,823
Total system
Jan. 1 to Sept. 30. ..18.260.175 18,069,173 5,514,804
Oct. 1 to Sept. 30.. .24.510.798 24.412,096 7,451,209
7,446
28,716
35,384
Cleve. A Marietta... Aug.
53,578
205,826
222,815
Jan. 1 to Aug. 31...
11,810
53.765
63,683
July 1 to Aug. 31...
171,013
332.134
236,549
Col. Hook. V.&Tol.. Aug.
913.163
2,029,23;i 1,865,493
Jau. 1 to Aug. 31... 2,029,23;^
24,863
60.026
32,877
Col. Shaw. & Hock... Aug.
180,637
143,144
356,537
Jan. 1 to Aug. 31...
151,470
421,499
tan.C.Ft.S.AMera.Seiit.
430,901
937,513
Jan. 1 to Sept. 30... 3,394,960 3,546,380
347,646
July 1 to Sept. 30... 1,163,357 1,195,574
158,121
145,716
71,298
N. T. Sue. & VTest'n.Sept.
535.561
Jan. 1 to Sept. 30... 1,218,550 1,153,688
64,679
177,491
118,658
Peoria A Eastern... Aug.
315,428
946.574
Jau. 1 to Aug. 31 ... 1,070.994
106,863
335,408
227,432
July 1 to Aug. 31...
luc.
Deo. 45,789
Plttc. C. C. A St. L..S.pt.
Dec.
Jan. 1 to Sept. 30...
Dec. 614.549
5?,4i7
150.681
131,287
Pitts. Youngs. AA.. Sept.
371,007
932.101 1,062,646
Jan. 1 to Sept. 30...
471,277
Rich. A Dany. 8ys..8ept. 1.175,513
--- 1,195,070
July 1 to Sept. 30
8,429,151
3,346,838 1,232,870
11.602
11,113 d8f.3,293
Sag.Tus. A Huron... Aug.
6,740
65,851
63,641
Jan. 1 to Aug. 31...
Nor....
Aug.
10,920
32,108
28,705
Sioux City A
110,155
Jan. 1 to Aug. 31...
278,228
Sept.
dot. 423
109,241
Bumiult Branch
105.175
946,769
44,007
Jan. 1 to Sept. 30...
782,048
Valley
Sept.
Lykens
70,004
70,686 def. 12.729
Jan. 1 to Sept. 30...
688,745
709,067 def. 3-', 372
179,218
Total both Go's. ...Sept.
175,860 det. 13,156
11,637
Jan. 1 to Sept. 30... 1,636,512 1,471,112
Aug.
20,515
7,009
18.001
Tenn. Midland
10,409
July 1 to Aug. 31...
36,715
37,163
93,448
31,660
W.Va. Cent. A Pitts. Sept
91,626
273,471
Jau. 1 to Sept. 30...
821,065
697,970
"3,518
""968
2R,950l
3.303
3ii.775[
2,163
'50,978;
1.017'
•
«l
—
688.799
4.176,419
6,375,130
145,419
683,443
1,070,096
834,218
5,159,891
7,445,226
9.179
45.467
13,803
115,285
837,955
9,468
43,718
1.30,274
982.107
330,879
63.694
495,676
15,835
263,716
42,376
20,027
6,208
41.663
392,861
449,554
1,190,695
1,854
11,651
9,596
def. 7,830
def. 61,369
det.fi,075
def 4,294
def. 13,905
def. 05, 661
3,643
9,165
31,355
240,619
Interest Charg'es and Surplus. The following roads, in
addition to their gro-ss and net earnings given abore, also
report charges for interest, &c., with the surplus or deficit
above or below those charges.
—Inter't, rtntals, ««.-, ^Bal. of Xet Earnt.-^
1891.
2,985
8.095
—
N^el Earnings.-1890.
1891.
—
9,156
9.041
64.771
87.267
""563
3.700
1,788
2:t,S81
68.311
27.136
Decrtcut.
73.472
2,120
745,7'J9
81,384'
L
Louisville A .Nashrllle...
Louis. N. Albany A CUie.
LoulsTllle N. (). 4 Texas
Louisville St L. ATcxac.
Mexican
comparison of the weekly
GROSS EARNINGS.
and number of roads
.
Kgures eoTrr only that part of'mllease located In South Caroliaa
« The fltfures from Jau. 1 to date include corrections for the first three
monthsof each year. ^ Western and Atlautio Included In Sept., 1891.
0/ October.
104,082
10.
Ro'ids
I
*
A
13,500
695,195
591,113
detailed statement, including all roads from which monthly
return* can be obtained, is given once a month in these
columns, and the latest statement of this kind will be found
The next will appear in the
in the CilKONiCLE of October 17.
issue of November 21.
WestVli-.APitts. Tilly
Western of .Al,i. September
WpBt.N.Y. A Pa. .'rt wk Oct.
WbeellDgJkL.IC. 2d wk Oct.
WU. Col. * A g August....!
Wisconsin Cent. id wkOot.
Buffalo Koch.
400
Net Earnlufirs Mnuthly to Latest Dates.— The table
lowing shows the net earnings reported this week. A
. .
!
Wash. K«uthern. August.
August
WestJcrse.y
W.V.Cen.APlttt Sei'temb'r.
A
7,490
2,784
.
.
......
1,371
6,360
.
.
I
.
4.158
.
.
Bait.
869
Uicluded.
1st week of Sept. (86 roads). 7.718,822 7,166,190
8, 0-1, 2 23 7,440,345
2d week of Sept. (80 roads)
3d week of Sept. (88 roads). 8,091.808 7,519,152
4th week of Sept. (89 roads) 10.7.T 1.648 10,008,251
8,672.969 8,166,624
1st week of Oct. (8-i roads)
Jd weekofOet. (88 roads). 9,264,583 8,673,470
Grand total August.
Vermont Valle.i August
Wabash
2d wk Oct
Wab. Chest. AW. Augriist.
Ateb. Top.
274
1.383
p.o.l
WEBKLT
Period
Man.AI.A Bur. Auenst...
Jolnt.own'<m AuKUst.
2(i »e«fc
980
.
& S.' Auitust.
—
929
2C,436
19.800
19,017
14,391
8,673,470
will furnish a
sults for a series of weeks past.
Tot.lI.P.Sys. August...
Ceiit.Kr.&L.L. Auifust. .
Tot. coiit'leil August...
MontaiinUn
298
34,.570
9,264,583
The following
..
6,913
1,660
106.185
186.259
21.-26
40.470
295.904
75,500
28,370
103,376
For week ending October
Un.Pac.D.A(?. August...
69.150
8.781
16,191
11,311
13,028
14.572
47,802
332,575
38,300
6.195
36.998
20.455
34.110
303.394
75,500
15,586
116,876
Peun..
Total (88 roadsi
Net increase (6-82
DnlOD Paoitle—
Or.e.L.&U.N. Aufcust...
Or.Ry.AN.Co. August...
Leav.Top.
A
17,144
h.oii
7.591
10!>,690
32.841
Wheelliig.i Lake Erie...
friseonsin Central
TOI.* Ohio Cent
ToLP. A West..
lol.St. L.
.
»
$
94,762
32,725
239.973
496,307
54,427
201,558
663.892
247.-564
Decreate.
Increase.
S
565,457
63.208
217,719
678.203
102,777
14,688
14.870
46.873
353.005
58.100
35.550
125.202
200.H50
1,109
7,014
IJanv. (8 roads).
Rio Grande Western...
New Mex. Biv
Bpar. Un.* Col
Staten Isl. K. T.
Tol. Col.
A
Rich.
»
77,618
40.766
est.
Bo.Pac.Co (Con)
Louis'* West..
MorKau'sI.AT.
H. Y. T. A Mex
Tex. 4 N. Orl
Pacific sjrstpui
Total of all.
1890.
1891.
October.
BOADB.
"'
(s'si
'S.ii'ss
1890.
Koads.
Kan. C. Ft S.A Mem. Sept.
July 1 to Sept. 30...
A Eastern. ..Aug.
Wab A Mich.—
Peoria
89.374
274.670
37.872
87,966
272,339
39,025
1891.
Inly.
Atll/Utl.
Gross e.Triiings
Operating expcncoa..
$71,994
43.388
$82,775
56,000
Net earnings...
Internet charges.
$2s.(06
13,333
$26,775
13,333
$15,273
$13,.412
Cln.
Surplus
1890.
$
12,308
62.096
58,520
72.976
26.806 def.23,190
OCTOBEK M,
THK CHRONICLK.
18tf..|
ytarwa, IH-lOOofono
ANNUAL REPORTS.
There have been built durinR the year 191 sleepine parlor
and dming cars, costing $3,079,09;J, or an average of 116,124 per
car.
Orders have been placed at the company's work's for 51
Pullman cars, the estimated cost being about '818,500 each or
an aggregate of 1841,500.
The number of cars owned or controlled is 8,239, of which
1,9(15 are standard and 274 tourist or seconJ-oL-m cars.
The number of passengers carried durini; the yesr was
the number of miles run 186,839,830. Darin- the
previous year the number of passengers carried waj 5,023 057
the number of miles run 177,033.116. The year just
ended
shows, therefore, an increase of about 6 per cent, both in
the
number of piuisengers carried and miles run.
The total mileage of railways covered by ontracts for the
operation of the cars of this c >mpany is 124,.557 miles.
There has been addefl daring the fiso.il year to the company's investments in shops and plant, $127,341. The value
of
manufactured product of the car works of the company for
the year was $11,906,977, and of other industries, including rentals, 51.353.494, makin;; a total of §13,230,471, a-amst
"
|10,?13,058 lor the previous year.
The earnings and inc3:ne account compiled in the usual
form for the Chronicle show the following
l>'COME ACCOUST.
;
1887-88.
„
Reeenue—
1888-89.
1889-90.
7,509,754 8,303.296 8,880,961 9.772.324
>'...<.,«-.
Disbursements—
OporatliJK expanses
2,508..584 3,070,779 3.271,60.5 3.- 69.681
Paldo»her8leo|).Cira88'n8..1,01.%398 -920,906 l,02i,«25 1008 324
Coiiponi.teroil on bonds... 132,450
7H,627
65.60(1
6S.600
Dividends oil capital stoolt.. 1.510,800 1,795,638 2,000,000 2,00o!ooo
«
,
Bepnirs of cari In excess of
mileage
198.870
81,913
139,496
Contingency account
100,000
100,000
100,000
........
.
Total disbursement*
5,494,192 6,051,765 6,462,830 6,783,101
2,015,562 2,231,531 2,398,131 2,939,223
Wet surplus
Mobile
(For
& Ohio
the year ending
The report of Mr.
gross revenue from
Railroad.
June
30, 1891. y/
J. C. Clarke, President,
remarks that the
sources for the year ending June 3J,
1891, subject to the lease agreement with the St. Louis
Cairo Railroad Company, amounted to $3,275,330, a'^ainst
$2,937,615 for the previous year.
Of this 25 per cent of 150-640
went as rental to the St. Louis & Ciiro, amounting to §191,913
for 1890-91, a;^ainst §172.127 for 1839-90, being a surplus thU
year over the guaranteed rental of $26,913. against a surplus
of §7,127 for the previous year.
Other credits to income ac
count not subject to lease agreement amounted to §283.807,
against $235,786 for the previous year.
The average rates on the Mobile & Ohio Railroad decreased
036 of a cent, and on the St. Louis & Cairo Railroad -074 of a
cent; but, owing to the increased tonnage and mileage, the ratio
of expenses to earnings for the year has slightly decreased as
compared with the preceding year.
The principal items charged in " operating expenses." on
account of maintenance and improvement of et^uipment, roadway and track during 1890-91 amounted to $148,989, against
$350,575 the previous year.
" New equipment and new construction " represents the
cost of
125 Box oars
$50,356
*"""• ''*™°*'''*"''' ^6™tofore leased
10,120
? 5"^
2 New baggage cars
3,314
all
trust
" O,"
r.ocomotlvc8,
200 Fruit cars,
100 Uoudola cars,
:.\^
249,000
Principal of car trust bonds matured
Now construction, M. A O. RK
do
mil...
.S,„ .11 ,^, tl.U
a diirerenc* in our
Mt cArnintcs
exonumA
bare been
fwllowinKHtatisii.;H of eamingH.
'^v-numm.et
compiled for the (^hro.nici.k :
OI'KHATloXd AJIIl f mcAI, «r.»l7l,Tli.
1KS7-HS.
IMS*, no.
is«in-oo.
TntHl iiilton nper
UN7
0H7
«t«7
«(»7
inrrlotl..
43rt,.%7^
ftTV2i7
llOHIt"'..
I6.433.S7!i
flH^.755
l.ilr I, piM. y.in.
in,ivo.l
10.W3.W3
617.1 1."*
lI»,!mM,73»
30,31rt,2«»7
I.mVJ78
'
Av.
l.mi
Tons
'J-.-iJo.
2-3lr
l,3l.\310
ouu in.. 102,.i81,3U0 21M.37.1. 1.31
Av.r.itoi>. tonp.m..
lOlc.
OUOc!
—
iiic.vi!.!
Eiii'ninifM
*
Pn»«<!ng*T»
Mat), oxproaa, tto..
enrnlnm..
Oper. ex. and tuxes.
2i5,V.77.-.
l.'tM.ilM
033 300.1 nj.330
O^I2c
•'
0-SlliJc.
*
43H.76.'5
402:311
1.!)57,317
l»7.2S(l
2.0!K),707
470,mu
2.333.0111
2.<J^3.^U
1 ».MI»5
llf,784
WH.t.18
243,413
2fll.737
2>t3,>l08
2,629,530
1,9I9,1»4
2,881,473
1,046,693
S. 173,
131
2,102,313
3.3.V).138
2,3 1 1,485
710,392
9J4,780
1,070,918
1,21.^713
420,000
60,000
103,000
420.000
420,000
60.000
172.128
lU.Os'i
420,000
60,000
191,914
12,239
5H,918
232.923
3r.-,830
63,368
•7J,ft22
7.i,.'W0
701,918
709,901
221,870
0: 8.057
•93.361
1,070,500
MlsooUaiiooiw
OroM
«
2-:mV».
1,I.'>>I,.M2
.,..„v,,a
4I«,II0
..
Fr<il«?lit
2-3<to
Surplus onnilnipi...
IHMb HvsemeiUa —
tnt. on iRt luurtKuKO
on Ut miirt. ex.
on St. !>. A C.
Int. on (luhetiturcs..
Int. on ttt-ii. niorr...
Im. on oar tru<t, SiC.
Int.
Rontiil
Total Ulaburs't..
Balance
Il(1.3ni
OO.i'OO
165,000
1,333
5,474
•143.213
7.*-'' "'*" exponlnit for eanlpment and mtr
conitnictlOQ
..'.Tu?""*
**"'1'^''''*'"« «'='""'«») «20s,tSl In l8S9-90ana«13l,g80
}3>'!",'„'S°.*.'
In 1890-91.
UBNICRAL ]IALA!ICE 8H»Br JU!tE 30,
Attet:
1888-89.
L inds. &c
CasU
Bonds on duiHMit
Due from
MatorlnU,
In
Ac
Stocit issmd
.stock in treasury
Funded debt
.'
(;nr trust
Bills and loans
Par
30l..->00
md
Ac
Interest due
uniiaid
Interest accrued, not due
Income account.
ProUt and loss
:
13
lN,»i22
17.!>(I3
-.j.'5
177,110
206.032
226,764
210.041
210.176
1
26.839,791
lAabUUiet.
5,320,6 K)
2,359, 100
16,518 423
26^33,852 20,336,360
5,320,600
2,359,100
16, i:w,230
674,567
473,166
59 1 ,585
271,953
176,250
35.000
333,2
77,380
35,000
58.306
1
5.320,600
2.331). 100
16.231.165
775.437
307.884
339.141
59..301
834,767
780,987
147,S0O
22.565
672,662
26,839,791
26,453,852
26,236,568
80,3 17
Total
11"..
46,603
131.7<iO
600,810
payable
rolls, .iccounta,
«
499,1441
28.i.0O8
Total
1800-91,
22.287.799 2 >,338.314 22,.5.59.033
3,314,280
3,030,OS5
2.7.>T.030
New York
asrmits, RBs.,
fuel, Ac
1889-90.
<9
Cast of road and equlpraent
Stock and bonds
Now
Orleans t Texas Pacific Railway.
fFor the year ending June 30, IS91.J
The report of the President, Mr. S. M. Felton, remarks tliat
the expenses of conducting transportation increased $195,319,
Cincinnati
or 30'33 per cent, over the previous year, and tlie principal
items of increase were agents and clerks, conductors, brake-
men and baggagemen, switchmen and yardmen, station labor,
& sleeping
cars (mileage and expenses),
Equipment covered by car
do
,«.,
1890-91.
ii
^
ii
S
EarnluRs do ,80(1 liQealno.). 6,239,371 6,825,955 7.173,138 7,87I.U6
Patent royalties, manufnctuilDKproan, Jtc
1,250,383 1,-1?7,341 1,337,823 1,901,178
Total rovonua
ma to
The
the following Koncral infurmatioD:
Duriiit; tlio (isral year new contracts hare been male
with
the following railroad companies: Monterey & M»xi(';ui
Onlf
RR. Co., for a period of llfteen years; Chicago l^eoria & St
Louis Railway, and Jacksonville Louisville & Ht. L')>ii8 (tailway, comprisinK the Jacksonville Southeastern Line for
a
period of twenty-live years. The contract with the 'lllinoi*
Central RR, Co. has been changed for a now contract
for a
period of twenty-live years, this company purchasing the
railroad company's interest in tlie cars owned under the previous
contract.
mill ,«.r (on
Ust rear, it would hnvo
of more than Ib'IO.iKXi.
Piillmau's Pnlaco Car Company.
fFor the year tndiug July 31, 1891J
^PresUleiit Pullman supplemented his annual report
with
5,310,813
(ua
8t.L.AC
and paid
lOi^iSOS
10,622
21.262
9451,980
" The interchange of business with connecting lines at terminal and junction points has been fairly satisfactory during
the past year. Freight delivered the Mobile* Ohio Kiilroad
at East St. Louis and Cairo destined to points in southeastern
territory must be delivered at junction points to lines that
enter into active competition for the control of this busine.ss
at points of origination
this has a tendency to prevent our
controlling a greater proportion of this traffic. The decrease
in the average freight rate for the whole line for the current
;
freight car mileage,
train exptinses, loss and dama^je to freigh'.
The increase is
due to an increase in train raile.ige of 8°9 1 per cent and to a
general increase in wages of train and yardmen, made early
m the year.
The motive power expenses increased $116,748. or 1719 per
cent, as compared with the previous year. The maintenance
of cars increased $38,107, or 15-56 per cent. The total expendtures on this account were $181,811, a decrease of $63,921, or
12'04 per cent, owing mainly to the very large amount of
work done on this account the previous year.
The tonnage was 2.004,418, an increa.se of 81,113, or 4-22 per
cent. The number of tons carried one mile was 351,572,982,
an increase of 21,699,595, or 6 62 per cent. Of the total tonnage carried 1,083,432, or 54 05 per cent, was through, 930,066,
or 45 95 per cent, local. The revenue per ton per mile was
•88, against '92 th'> previous year
the decrease t>eing caused
by the transportation of a larger proportion of low-class
freight.
The number of passengers carried during the year
was 896,255, an increase of 82,403, or 1012 percent. The
number of passengers moved one mile was 42,321,514, a de;
crease of 843,876, or "80 per cent. The earnings per passenger
mile increased from 2-25 cents to 2'34 cents, or 4 per cent.
Of the Cincinnati Southern Railroad lease the report says :
"The first ten years of the lease will expire on October lltli,
1891.
For the five years from that date the rental to be |>aid
by your company to the citv of Cincinnati will be at the rat«
of $1,000,000 per annum, instead of $900,000 per annum paid
for the nast Hve years and $800,000 per annum for the pre-
ceding five years. • » •
" After ciireful consideration of the su
ject,
your Board
is
of
the opinion that the improvements and additions to the property that will revert to the City of Cincinnati under the terms
of the lease should be treated as n-ntal, and the construction
account should he closed, except so far as it pertains to equipnent and property that will belong to th? stockholders at toe
expiration of the lease. After providing for the ex leiue uf
maintenance, operation, taxes and for the cash rental, tiM
surplus revenue for the fiscal year was $443,406. This sorplua
THE (^HRONICLE.
602
disposed of as follows SOO.OOO being paid in dividenf-,,
property which
«179 828 for improvements and additions to the
lease and are
wiu'revert to the city at the expiration of the
capital expendconsidered a part of the rental 190,680 for
tools,
which embrace additional rolling stock,
itm-es,
retains
machinery and other property to which your company
to^ the
In addition to this. $100,576 has been credited
title.
$ll,d81.
of
balance
a
leaving
fund,
sinking
the fiscal
"The terminal expenses in Cincinnati duringdepot
and
Tear, occasioned by the want of sufficient
was
:
[Vol. LIIl.
Mail, express,
1889-90.
1890-91.
92,202
$
30S,562
1,101.911
90,651
343,141
1,167.747
94,476
1,330.519
996,559
1.507,124
1,001,950
1,605,364
1,069,146
333,960
74-90
505,174
66-48
536,218
66-60
1889-90.
1888-89.
Earnings from —
Passengers
Freight
$
305,970
93-2,347
&c
$
;
Total
Operating expenses and taxes
P.
Net earnings
oper. expenses
c.
to earnings...
INCOME ACCOUM.
Receipts—
The expendwere $133,506.
accommodation,
failure ot tne Net earnings
itures by vcmr company arising from the
Otlier income
requirements ot
city to comply under tl-is heading with the
the
Total
the lease now exceed ti.e sum of $970,000. As stated
Deduct—
this it is susreport for 1886 your Board is of opinion (and in
Rentals
case) that
tained by eminent counsel who have examined the
Interest paid during year
that it will
this claim is a just and valid one against the city
be
can
Total
awarded
so
when
and
be awarded under arbitration,
current Balance over interest & rents paid
enforced against the city or be deducted from the
yard
m
333,960
97,705
505,174
106,867
1890-91
536,218
115,259
431,665
612,041
651,477
63,873
9,800
62.2S1
312,873
65,025
217,860
73,673
357,992
375,154
236,837
*3 68,592
1888-89.
:
with
rental payments. I regret to report that all negotiations
the Sinkthe Trustees of the Cincinnati Southern Railway and
exing Fund Commissioners of the city of Cincinnati, for the
tension of the lease, have failed."
The tables of statistics compiled in the usual form for the
Chbonicle are as follows
OrF.EATIONB AJ.T) FISCAL EESULTS
1890-91.
1889-90.
1888-89.
1S87-88.
330
336
336
336
Miles Of rfadop't'd.
Operatiwis
896,255
895.2.S8
813,852
656,018
pass,
carried.
No. of
Ko.ot pass. car. 1 ml. 31,910,719 34,283,703 42.686,890 42.324,514
2-34
2-25
ct8.
2-32
r.ts.
2-45
cts.
cts.
pernil.
pass,
Kntc pr
2,'04,408
1,923,306
j,.^-.^.^,/,,
..,- %-^,-^>.
1,737,060
j.. / .> , vi>\^
1,576.340
i,ij/o.o'±vp
moveu
freiKlit moved"
Tons
ions rreiKiii
354..>i2.982
332.873,387
298.910,667
173,941
1
ml*273,
Ton.sfftm'v'd
0'88 cts,
0-93 cts.
0-83 cts.
92 cts.
Kate per ton per ml
$
jp
Earnitujs—
9*9.975
794.399
959,119
780,596
PaeBeneer
3,154,057
3,122.674
2,672,151
2,597,191
Frcieht
107,149
105,749
96,315
67.193
Mall service
88,601
60,527
81,980
54,900
Express service
39,361
39,622
32,467
25,896
Miscellaneous
—
,
4.379,143
taxes.
2,3li2,376
3,655,859
2,510,603
4,309,144
2,728,181
3,024,50'~
Net camiDfirs....
Pet ct. of op. expen.
1,163,402
1,145,256
1,530,963
1,354,641
6700
68-67
63-31
3.525,776
Total
Op. expeu.
&
*o earnings
Keveuue
IKCOHE
I
1887-88.
$1,163,402
Met earaings
Deauet—
Kental
ACC0t7>(T.
^
1889 90.
1888-39.
!1,145,257
$1,580,963
$912,000
$912,000
$91-.',000
69,199
90,000
77,359
3,447
180.000
87,465
10(1.57(1
Dividends
Blnklng fund
174
60,000
$981,199 $1,079,359 $1,182,912 $1,072,750
*182,203
$65,897
$398,051
$281,891
Total
Ket surplus
BALASCE SHEET jnSE
Assets—
Casli
TotPl assets
hwbilitics—
Capital stock
Keserve for sinking fund
fund
Siindrv accounts
Bent accrued, not due
Kttrevenue account
Total llabllitle?
* Additional expenditures out of income for lowering and bridging
trarks ia Minneapolis, new machine shop, eauipment, &o„ $269,294.
Toledo & Ohio Central Railway.
(For the year ending June 30, 1891.)
The report of the President, Mr. Stevenson Burke, states
that the gross earnings were $1,501,832, as against $1,388,749
The operating expenses $999,8,S4, against $809,636
last year.
last year, giving a result of net earnings $501,988, as against
$579,113 last year. The tonnage moved was increased 305,374
tons, and the tonnage moved one mile .was increased $13,671,677 tons. The road has required heavy expenditure to bring
it up to the state and condition which the interests of the
owners require. The only fund available for this purpose ia
the regular income of the property from operation. A reference to the report of the Auditor will show that the increase
in betterments charged to operating expenses more than accounts for the shrinkage in net earnings during the part year.
The properly has been very much improved cluring the past
year. New iron bridges have been constructed, much masonry
in the w ay of culverts and otherwise has been constructed,
and the tilling of trestles has been continued.
The Chronicle obtained very early figures of earnings and
income account for this company, and published tliem in the
issue of August 8 on page 186. The balance sheet isas follows :
CONDEKSED BALANCE SHEET JUNE 30, 1891.
Liabilities—
$
$
Resourcm—
3,706,000
4,849,000
3,000,000
*Car trust series i
353,540
*Car trust series 3
56,856
Investments, miscella168,668
8,000 *Car trust series 4
neous
Audited vouchers, &c..
130,137
Investments in K. &
52,331
3,000,000 Wages and salaries
Ey. stock
7,062
Sundry accounts
Due from U. S. P. O. De41,307
4,354 Sills payable
partment
30,634 Interest due July 1,
Due from station agts.
1891
75,000
99,401
Due from Individuala.
Interest due prior to
balances
due
Traflic
900
July 1.1891
27,970
from companies
3,017
Sundry accounts
3,984 Dividends unpaid
Bills receivable
49,504 Income account June
714,685
30,1891
Cash in Central Trust
78,651
Co. of New York
Cashonhand
2,496
Suiipliesonhand
98,328
7,853,505
Cost of road
1,6.S7,137
of equipment
Cost of construction....
16P,.537
83,999
Car trust series 2, 3, 4..
(;o,-t
Stoclr, preferred.
Stock,
I'irst
common
mortgage bonds.
M
.
J4,fi3 1 ,200
1891.
$4,901,709
204,631
22,967
448,138
527.920
$4,981,895
$5,306,936
$5,709,900
$3,000,000
403,112
46,378
782,634
201,032
548,739
$3,000,000
492,000
$3,000,000
594.000
52,094
$4,981,805
$5,306,936
$4.444,7.57
175,()G2
2,961
358.515
Other accounts
30.
1890
1889.
Koad. equipment, &c
Materials and supplies
Kollliig stoclc
1'90-91.
$1,354,611
$912,000
Interest
\
69-06
frelgbt only
282,885
264,7.=>0
15,527
27,3,56
579,757
201,033
1.006,790
634, 00
1
201,032
1,228,680
$5,'
13,158,506
Total
*
13,158,506
Total
Includes unearned interest.
Concord & Montreal Railroad.
{Fur the year ending June 30, 1891.^
09,900
The annual report enumerates in detail certain important
extensions, acquisitions and improvements, estimated to cost
Minneapolis & .St. Louis Railway.
; fFor the year ending June SO, 1891.^
$1,200,988. To provide for these, and in pursuanceof authority
The report of Mr. \V. H. Truesdale, Receiver, says " A graf '- cninted by the Legislature, the directors proposed the issue of
$1 2CO,000 new stock, which has been voted.
lying increase in both freight and passenger earnings
will be
The earnings, expenses, charges, &c., were as follows
noted, due in great measure to continued growth of local
busiEAKNINGS ASD EXPENSES
ness and to a considerable extent, also, to the better
mainlen1890-91
1889-90.
" The farming and business interests
..*
^^ "? ^*'
filf®*
(12 mos.)
(15 mos.)
located along cur line of road are
prosperous and well toEarnings—
*
$
:
:
/
Tlie physical condition of the road has
been fullv
A
niaintpined,
and it is in condition whereby, witli a moderate
increase of equipment, it could transiwrt a
much larger traffic
efficiently and economi<-elly."
The Keceiver applied to the Court in July for
authority to
purchase 200 new box cars. Permission was
granted and a
contract was made tor delivery of that
number of cars in
The cost of them will be about
^''I"^'"'^'•
»95m
^""^ ^"^^ ''"«' t'lne to time ordered
thP^ol"'^ *'r r*'.*!"®
"* '"''"*•"* coupons, with interest from date
due
JmHrfv ?°^^fK^'K^tuJg
the sum of $217,860. Further pavI^»i^L''?
"f construction and other
Snr,lITJ"^''™%-'J''
^"^f*""*
«l'«°'l'tures
have been made to the amount of
'
Sw
The following have been compiled
OI-EHATIO.NS
Optralwnt—
«l««engerB carried (No.)
«M«i.gcr8 carried one mile
Bate mr pasi-enger per mile
JrelKM itonsi ranied'.
Jrelght (tons) carried one mile
Hatopcr ton permile
for the
Chronicle
1888-89.
50994')
plo'.'iOS
2-31 er«
1889-90
500,419
13,831, i'<2
2 23 cts.
1890-91.
498.743
15,871,446
2-10 eta.
787 i2-j
882.015
0S6.044
TLia^'doi 77,087.412 83,549,4
59
1-3
1 cte.
1-43 cts.
1-10
I'ltight
&c
Total earnings
Operating expenses and taxes
1.056,989
1,588,319
130,264
937,734
1.120.164
113,500
2,775.603
1,927,339
2.171,698
1 ,806,646
848,203
605,052
848,203
665,052
107.638
41 1 ,917
240,667
73,504
228,000
586,082
262,181
542,171
122,881
Net earnings
INCOME ACCOUNT.
Net earnings
Dahict—
Interest
Eentals
Dividende,
66,.=>27
&o
Total
Balance, surplus-
* In 1889-90 $262,116 was spent for new equipment, improvements,
cSic., leaving *65 surplus; in 1890-91 were so spent $117,437, leaviug
a .surplus of $5,144.
:
AND FISCAL RESCLTS.
13
Pa.s8engers
E.xpiess, mall,
cts.
Ohio Valley Railway.
June 30, 1891.^
The annual report makes this statement
"The Chesapeake Ohio & Southwestern Railroad Company having acquired control of the Ohio Valley Railway, this property will
fFor
the year ending
:
October
THE CHRONICLF.
24, 1891.]
bo operated
in close connection with that
vision of the " Mis-fisslppi Valley Route,"
system, and as a di-
608
The roadbed, equipmuntand all
pany have not only been thorouK'li
iially unproved durini; the
year
them in stich condition at all time, a^
to Wvr'
wants
formioK the HhorteBl
of
iheoom*
route Iwtween Evansvillc, Intl., Memphis, Tenn., Now Orit nuteUiH
leans, and nil other southwestern points.
The Reneral conBoliduted and first mortRaRe bonds of this company to the
of all local industrieii tributary
to itn lines „
amount of $3,162,600, with interest subsetiuent to January 1
18M, have been, or will be Kunranteed by the Chesapeake
Ohio & Southwestern Railroad Company, but theorRanizution
HALANCi; RiiKkT jime 30, 1891.
of the Ohio Valley Railway Company is to be maintained and
Aitett.
LUUMUiu.
the road operated as a separate and distinct property, so that Cost of road.
ifll,424,207 Capital «to«!k
%»,Oi>n,Oon
asn on hand
all benefits from increased business, the
16.440 Hr«t niortKaKR liond*.
improvement of (Due
0,479,000
from
aireuts
7«i,22:i
Dun iither railrnitd*.
property and the development of local traffic, will inure to
Materials on hand
18,281 Pay rolls for June, '01
the benefit of the .stockholders."
1)110 from other RallPayniaHtei'H iu-eount..
"oada
Operations, earnings and income were aa below :
37, MO VoiKluT'i audited
47,344
Due from Individuals'.
2<4,745 Duo Individuals
OPERATIONS AND FISCAL RESULTS.
1I.M3
Conatriictlon <St Impr..
19.301
nelalnied waires
ai4
Insuraneo
1888-89.
1880-90.
Optrationit—
1890-91.
J, 876
Aecnied
Int. not due.
45,eft9
New enulpmont (slneo
Pa»8cu)rcrs earriftrt. No
10.3,008
117,40.'?
Drexel. Morgan A f;o.
122,232
paid
for
by
PasspiifTors cdrrlpd. one mile
konds)
108,574
1 ,842.602
(a«alnst new enulp2,470,420
2.(i<t7,348
Other Investmoute
Uatt' per pn^senifer ])or mile
2-88 Ots.
27,317
2-68 ctK.
meut; since
2•.^5
1
.
Freight
71,801
3.185,634
(ti)iis) e:iirieil
carried one mile
Bate per ton per mile
Kantinf/s
Pasionifcrs
FrolgUt.
Mail, express, &o
Frciiflit (tons)
.
2-11 cts.
—
Total
Net earnings
Per cent of expenses to earnings.
1-40
ets.
1
la.i.eio
18,.525
16,124
68-8
*11.758,124
70.070
210,140
144,685
C4-5
Total
S
07.415
124,200
65,455
Profit
lOcts.
14.U6
47,947
by iMnds)
22S,200
16.555,465
53.729
67.388
135,233
87,280
,
OperatiDg cxpeuaes.
paid tor
ct«.
146,319
8,851,170
270,404
179,187
91,217
66-2
INCOME ACCOUNT.
Kallroadg in
fFor
From
made
73.162
las*
13.141V
Total
fll,7S8,134
New York
the year ending
the returns
and
June
to the
State,
30, 1891.^
New York
State Railroad
Commissioners for the year ending June 80, 1891, the following aistracts have been compih-d for the
Chronicle, ad-
ditional to those publi-hed in last tveek's
issue.
figures below are for the following-named
railroads
Tho
:
Jirfeiptf!
91.217
5,614
Brooklyn Elevated.
Newburg Dutchess & Connecticut.
Northern of New Jersey.
65,455
96,831
Ulster
7,020
5,772
18,725
59.683
3,312
12,100
AVallkill Valley.
1889-90.
—
1890-91.
$
Nft eariiin>f8..
Otber lueome..
65,455
Total
Detlurl—
TntiToston bonds and car trusts
Other interest
Kcntals, extraordinary and terminals, &c.
Total
-
31,517
33,938
Balance, surplus
&
Delaware,
^TTliler
7.5,155
Gross earnings
21,676
Oper. exp.
St.
taxes.
Net earnings.
Other Income
& Eastern Railway Company.
fFor the year ending June 30, 1891.^
Total
Decltat—
The first annual report of this company, Mr. Samuel Spen- Interest
on bonds..
cer. President, has just been issued, and "shows the following Other interest
Rentals
earnings and expenses for two years ending June 30
Elgin Joliet
:
Gross earnings
Kxpensea and taxes
$195,833
For the year 1890 there were in operation for 12 months
For a mouths (Spauldiug to Waukegan)
130-93
35-60
Gross earnings.
Operating expenses
166-53
106-53
Net earnings.
Other income..
In operation
When
the construction of the several portions of the road
was decided unon a reserve fund was created in each case to
pay interest during and after construction, as follows
Eicin JoUet & Eastern Railway Company
$200,000
(Jardner Coal City & Northern Hallway Company
37,500
Waukegan &. Southwestern Railwdy Company
42,500
:
Total
$280,000
This fund has answered the purposes for which it was
intended
of providing for interest during construction and
of supplementing the net earnings during the infancy of the
enterprise to such an extent as to enable the company without borrowing to meet regularly the interest on its bonds up
to the time when it was expected that the net earnings would
be sufficient for this purpose. The result has been as follows
Net earnings prior to Juno 30, 1888
$11,035
Net earnings fo the year ended June 30, 1 889 (Dellcit)
0,639
Net earnings for the year ended June 30, 1890
142,1,59
Net earnings for the year ended June 30, 1891
195,833
Total
DetUtet
—
1890-01.
360.069
243,908
370.144
257,527
145.241
121,768
148,313
111,64a
116,161
118,617
23,'t73
36.667
1.207
9
116,101
118,617
24,719
37,874
51,939
70,459
17,500
17,500
9,024
"i,825
9,'293'
"'sisi'?
500
"
1889-90.
ISHO-gi.
183,519
137,745
$
175,909
145,672
45,774
30,237
326
3(Uai.
Total
rallty.
9
72,284
22,793
32,671
46,333
1,026
5,2ai
'-yeio DtiMut Coim.-^ r-Xorrn of Nob Jermv-^
$142,159
For the year 1891 theeutire system was
1889-90.
64,244
51,917
Surplus...
317,013
Net earnings
.
,
$
11,805
Totjil.
— WatlkiU
Delawarf
189091.
$
1,246
MUcellaneous
1890.
5!459,172
rf
1889-90.
.,
—
Interest on bonds
other interest
1889-90.
*
123,847
41,535
76,280
2,183
8.'.342
280
46,100
30,517
78,463
82.672
11,400
10,500
4.051
6,102
33,690
35,640
10,275
30,000
9,52»
4O,O0«
409
Taxes
5,9,2
P.entiis
....
Dividends
Total
Surplus
•
1890 91.
»
114,741
38,461
17,721
28,379
73.965
85,1(15
def. 2,403
4,498
.
Brooklyn Slevaled
21,553
8,964
—
.
$1.574.4i9
924,580
1890-91
$1,759,200
l,00i,477
$64 9,909
553.968
$7S«,732
63a,aoo
$95,941
$134,232
1889-90.
Gross earnings
Operating expenses.
Net earnings.
Fixed charges..
330
:
GENERAL INVESTMENT NEWS.
$352.0i8
2sO,000
Total
Reserve fund aa above
Total available for Interest
Interest paid aud accrued up to
Surplus..
June 30, 1891
$632,028
$827,700
" It is hoped that for the ensuing year the earnings from
operation will be sufficient to meet the fixed charges.
" Although the road was originally designed especially as a
belt line around Chicago, connecting all the principal railways centering there, and furnishing a cheap and rapid means
of traffic interchange between them, it has in addition to this
purpose been the means of creating and encouraging large
local development at several points on its lines.
" Until within the last few months this development was
more rapid than the growth of the transfer buainess between
the railroads, but the latter has recently begun to increase
quite largely, and the managers of connecting railways are
beginning to appreciate in a substantial way the advantages
to be derived from a cheap and quick transfer of carload
freights around Chicago over a line built and equipped with
special reference to this service, and not subject to blockades
in crowded yards within the city limits.
" The revenue derived from transfers' for the past year was
$144,882, as against $48,204 for the year previous, showing an
increase of about 200 per cent.
»
»
'
—
& Paclflc. Notice is given to holders of the AtlanPacific Railroad t.'ompany's Central Division first mortgage 6 per cent bonds (81,189.000) duo November 1. 1891, thtit
they can present their bunds for payment at the offices of this
Co.. l") Wall Street,
company in Boston, or Baring, Magoun
New York, on and after November 1 prox. Holders are alao
notified that they have the option until November 10 proximo
of accepting in exchange for their bonds at par, with cash
Pacific Railroad Combonus of 25 per cent, Atlantic
pany's trust 4 per cent gold bonds, guaranteed by the
Atlantic
tic
&
&
&
Atchison Topekn & Santa Fe and St. Louis & San Francisco
railway companies, principal of which is due January 1, 1967.
Particulars are given in tlie advertisement on aootbeppage.
Raltiniore & Ohio.— At the monthly meeting of directors
Baltimore on the ilst, the Finance Committee did not OOOsider the question of a dividend on the common 9to<.-k, but d*tcrmined to act upon the matter at its meeting on tlie seoood
Monday in Novemt>er, when the result of the year's bniinfM
'^teni
The summary of th>>
will be accurately known.
the
east and west of the Ohio River gives the ear
.
.-..
axfiscal year ended Sept. 30 at $24,510,79S, increB.-T t^.
increftiip
^.9^3.
penses 117,059,589, increase $92,719; net
in
THE CHRONICLE.
604
•"
Brooklyn Surface It all roads -The ^"""j!^^
'°{,^^S
tUo New York Kaiiroaa
year eodiiiK June 80, as reported to
Comraisaioners
:
-AUantir.
Awenw.
——
,P P.
1839-90.
~ Coney I
Brook.—
<t
I>iv.)
1890-91.
1890-91.
1889-90.
•
478,052
449,768
»
164,044
•
218,131
143.030
172,434
1890-91.
9
PVOL. LII
at present, and the State Court has declined to dis
receivers, according to latest despatches.
Lake Erie & Western.- This company has executed to the
Central Trust Company of this city and Robert C. Bell of lort
Wavne, Ind., as trustees, a trust deed, or mortgage, to secure
second mortgage bonds not exceeding $5,000 per mile. The
changed
cliarge
its
instrument bears date of June 30 and covers the property of
iherailroad, 725 miles, including roadbed and all other propcompany is to execute its
41,900 erty appertaining to the lines. The
45,7»0
20,964
•28.284
"2r;«9«
Net
8, OS 8
bonds for $1,000 each, to bear date June 30, 1891, and to be
380
79S
flO,252
Otber Income..- 5,,l*6
payable July 1, 1941, in gold coin of the present weight and
43,938
46,080
payable
~il,757
68,536
79,042
fineness, with interest at 5 per cent from July 1, 1891,
ToUl
Z>educf~30,224 stmi-annually Jan. 1 and Julv 1, the bonds to be issued at the
16,730
250
81,085
Intcrert
9,789 rate of not to exceed $5,000 for each mile of the lines described.
8,308
4,763
16,t<si
Taxes
854
171
34,071
This mortgage is to be subject to ihe first mortgage dated Feb,
13,710
Beutali, Ac
delivered is $3,625,000.
"34,109
40,867 21 1887. The aggregate of bonds to be
29,034
81.7B2
Total
among buyers of the stock
1,071 Tliere has been some complaint
21,971
7.337
def.
def. 2.760
Surplus
that no intimation was given of this issue of bonds.
Broaduay.
-Brook. City •* jrete.—
1890-91
1880-90.
circular to the National Lead
1890-91.
1889-90.
National Lead Trust.—
number
«
«
certificate-holders announces that a majority
Trust
894,674
856,703
414,875
erosscanjinns....;
fl2'T9Z
314,102 and value of the certificate holders having become ijarties to
290.098
808,703
atfo.i*^
Oparatiug •ipente*
the agreement of reorganization, the time for the deposit of
60.482
60,605
106,172
87,566
...
National Lead Trust certificates to be exchanged for new cerKet sanilBgt.
3,234
2,617
675
.As soon
Otlier Inooms
tificates is limited to and includes December 1, 1891.
83,716 as practicable thereafter certificates of stock of the National
69,222
106,847
87,565
Total
of New Jersey, the name of the reorganized
Jttdiul—
,„ „„.
17,800 Lead Company
17,500
51,718
42,000
Intension bonrts
company, will be ready for delivery in exchange for certifi10,291
8,42S
1
...
lot'reat ou mortgagei.
agreement.
cates of deposit, as provided in the reorganization
1,649
Othpr intsrest
,S'qoS
15,460 If a sufficiently unanimous deposit shall be made to justify
18.007
12,003
I8,oyo
TaxoR
39,175
86,260
10,000
Di^i<leu<U.
the prompt completion of the reorganization, the reorganizing
~88,757
72,335
105,661
74,109
Tot.1
trustees expect to be able to pay to holders of their certificates
11.381
10,465
equal to
1,186
13.*36
Surplus
of deposit, under the reorganizing agreement, a sum
the cerCentral Paclllc.-l here have been canceled thw year from SO cents upon each share of Lead Trust represented by
with
proceeds of laud Bales $694,000 of the land grant extended tificates of deposit, this sum to be paid simultaneously
the Nato $3,564,000.
the exchange of certificates of deposit for stock in
08. reducioR the amount now outstanding
Cliesapcake & Ohio.— At Richmond, Va., Ojtob r 20, the tional Lead Company.
Chesapeake & Ohio Railroad Company held its annual meetNew Bonds and Stocks Authorized.-This item is pubPresident Ingall's annual report was publishpd in the lished to-day on page 608.
ing.
Chbokicle of October 3. The following board was elected
New Vork Ceu'ra'.—The Executive Committee of the board
D. Axtell, Richmond
recom"Wilham P. Anderson, Cincinnati
of directors of tlie New York Central have decided to
George T. Bliss, C. H. Coster, Charles D.Dickey, Jr., C. P. mend in December an increase of the regular quarterly diviHuntington, New York M. E. Ingalls, Cincinnati Samuel dend on the common stock, which is now one per cent, or
Bpencer, New York Henry T. Wickham, Richmond.
four per cent per annum.
Colnmbiis Shannee « Hocking.— At the annual meeting
New York New Haven & Hartford.— At the annual
Railroad
Company
at
Hocking
&
of the Columbus Shawnee
meeting in Hartford President Clark explained concerning
were
authorized
directors
to
the
inst.,
Columbus OB the 19th
the Long Wharf property. He said that the property was
perfect arrangements for leasing the Sandusky & Columbus
owned by thirtv to forty people, most of whom had agreed
in
process
now
of
conLine,
Short
Southern
&
Lake Erie
exchange for the wharf
to take the railroad stock in
struction, from Sandusky south by direct line to Columbus,
stock, on the basis of one share of wharf stock for four shares
108 miles. The new route will be, when completed, the
Some, however, did not want the railroad
of railroad stock.
shortef^t and most direct between Central Ohio and the great
stock, and about 250 shares were sold to furnish the neceslakes. The following board of directors was elected: P. W.
sary cash. The railroad stock exchanged and sold was upon
Huntington, Columbus, President; F. J. Picard, Columbus,
the following basis
"Vice-President and General Manager; W. E. Guerin, Columshares at $250
*^8?'225
bus, Secretary and General Solicitor; H. B. Turney, Colum- 756 shares ai »270
4,860
18
bus, Treasurer; Chase Andrews, Zanesville; D. B. Hatch and
^•??9
5 shares at $270
2 shares at *270
„„5*2
H. W. Putnam, New York; D. S. Gray, Charles Parratt, O,
22,575
86 shares at *2B2 50
C, Hoover and Samuel Huston, Columbus.
35,810
133 shares at $269 25
Comstock Tunnel (Sutro). The contract has been closed
$254,185
Total shares 1,000
for running a drift to the Occidental Mine through the Brunswick lode, and other contracts have been made with the
ballot for directors resulted in the choice of Wilson G.
consolidated California & Virginia Co., Hale & Norcross Hunt, of New York; E. H. Trowbridge, of New Haven Wm.
and the Savage Mining Co. for the transportation of waste D. Bishop, of Bridgeport; Nathaniel Wheeler, of Brideport;
rock, debris and ore. These contracts were alluded to in the Henry C. Robinson, of Hartford; Edward M. Reed, of New
annual report, and work under them has begun. The revenue Haven; Joseph Park, of New York; Chauncey M. Depew, of
derived from these sources will be in addition to' the royalty New York; Henry S. Lee, of Springfield; William Rockefeller,
paid to the company.
of New York; Leverett Brainard, of Hartford, and J. Pierpont
f
4«2,728
440,83*
Earning*
Expenses
250,614
217.714
,
A
m
-
:
;
;
:
—
A
;
Denver & Rio Grande.—At Denver, Oct. 20. the annual
met ting of stockholders was held. The following were elected
directors
George Copnell, R. T. Wilson, Adolph Engler, W.
Hertens and C. C. Beaman, of New York J. Lowber Welsh
and EMmond Smith, of Philadelphia, and Edward T. Jeffrey
and Edward O. Wolcott, of Denver. The largest representation of stock ever held at any meeting- was present, namely,
:
;
861^ |)er cent, or 53;J,8.56 shares out of a total issue of 616,500
shares. The meeting was harmonious and the votes were
unanimously cast for the new directory. The annual report
of the company was submitted to the meeting ; a full abstract
of
it
was published some time since
in the
Chronicle,
in the
iasue of Sept. 26.
International & Great Northern.— The stockholders' propgiven iu our last issue, should have said in reference
*o the second mortgage that it is to be left undisturbed,
the
bondholders retaining their bonds, but agreeing to a reduc-
osition,
tion of interest to 4}^ per cent per annum for
the first six
years and thereafter 5 per cent. The unpaid coupons
on the
aecoml mortgage bonds it is proposed to pay in 4
per cent 30rear income bonds, which will also be given
to Mr. Gould for
his judgment and for the cash he will
advance to meet the
reqii remenU of the reorganization plan.
The
of the
two committees representing the bondholdersposition
is to proceed
forec osure. At Pans, Texas, on the
19th inst.. in
.Tl r!!f
^'"'' on t^^% application of the bondholders,
l"w
^°°
'*'®" appointed receivers
^y°°
*"?
Th^;.Ihia action was taken pendmg the possible
discharge of the
State receivers by the Court sitting at
Tyler, before whom
the case came up on the 2l3t inst. As the
Gould judgment
obtained in the State Court has not been
satisfied, owing to
the failure of the several interests to
come to an agreement
the situation as regards the receivers
not likely tT be
mII.
°/-
U
New York.
New York Pennsylvania &
Morgan, of
(liio.— The annual meeting of
stockholders of this road, operated under lease by the New York
Western Railroad, and forming a part of the Erie
Lake Erie
svstem, was held at the Erie offices in this city on Wednesday.
The old board of directors was re-elected. President Chas.
E. Whitehead, in his annual report, states that the earnings
of the past year were very good, although showing a slight
decrease. The gross earnings for the year were $7,101,067, or
$188,000 less than last year. The decrease is said to be chiefly
owing to the falling off of the transportation of coal. The
physical condition of the road is improved, and this, with the
good order of the equipment, has enabled the operators to
handle a large amount of through business. Extensive improvements in the way of terminal facilities in Cleveland
have been added, and the actual capacity of the iron ore
Nearly every
docks has thus been materially increased.
matter of difference between the company and the lessees of
the road have been adjusted to the entire satisfaction of both,
and the best of feeling prevails.
Norfolk & Western.— President Kimball says "Work on
all the extensions of the road will be pushed forward with
greater vigor than ever. By Dec. I sixty miles of track on
the Ohio extension will be completed to the bridge now being
built across the Ohio River, and regular trains will be running
The entire Ohio extension will be done by next
to Columtius.
Tuly, opening up the Pocahontas coke and coal regions to the
West. The business of the road is growing so rapidly that it
During the present
is difficult to provide cars fast enough.
leason the Norfolk & Western has hauled from the Clinch
Vallev extension to tidewater a million bushels of wheat for
export. This is an entirely new business, as the road did not
handle a bushel of wheat for export last year."
&
:
OcTOB K
24
THE CHRONICLE.
ISlM.)
605
Northorii Pacific— At Farito, North Dakota, on thi- I'lth
It alio hold« that tho grant U) the
oinpwy U on., of
inat., Jiiilut" CaMwell in the U. H. Circuit Court r<>ii<li'ri>i| a
mmntity an 1 that the in Inmtdty land*
well Lthtvi^
deciwion hulilint; tho Northern I'.iciliu linbk' for tin- Uuim on
aij.U were Kranle I, and th.it the comjmny
hw at tbix tlin^
certain lands.
It appoarx, however, timt alth(ni;;h on the
title 111 fee Hir.pl,. to the in.lefnnily
without refer.n •« to
main issue, as to tho taxation of lands, tho decision is against whether tho Interior Department IwU
hai approved th« »«lw.
the company, it ^ivea them a clear title to all the landt
within their Kraut not known to contain minerals at the time
'• This
d8.-i»ion is of jtreat r.nluc to the company
n.
;„
of the filing of the mapof thedetinito location of therond. The conse<iuence of its UarinR
on the mineral land |,r
Interior Department haH hitherto reftwed to patent tliesw lands but alKo as seltluiK and
lixi.ii: the title of its in l.m.,,,
.
„.,.,;.
until the raiiro .d should prixluce proof that the lands <li(l not It places tliat itle beyond any
arbitrary rulinj; or decwion of th«
conl.iiii mitienilM.
Many tlious.inils of acres of land in Moo- Inwrior Department. The .,u.*tion of
it* value in doIh«
tana, Idaho and \Va»hin>;ton upon which gold, siilvt-r and cannot be dellnitelv nniwerod
now.
Additional valuabla
copper, etc., have been discovered since the filing of tho map mineral claims are ljein>? discovered
every day in the jtrantT
and the location of which the Interior Department lia-i held Sections of tho country known to bo mineral
have not all bem
was not included in the grant, are hy Jud^e CaldwellV de- survevel and it will be a number of years
before the full valiM
" Not only or these decisions can
cision declai'ed to be the property of the railroad.
be ascertaineil,
the land, but minerals sis well." The raluc of railroad taxes
" The ori(^inal case of Northern Pacific vi. Bardcn
ha« been
involved in Judge Caldwell's decision, for twelve counties in- appealed to the United States
Supreme Court. The Supreme
teri-sted, will Ite about §100,000.
Court, however, duriuK ita last term in a similar ca-e,
decided
Mr. James McNauKht, Counsel for the Northern Pacific Com- the same way and we therefore
regard the question as 8ut>pany in New York, said in regard
this
m
•
t
to
decision
stantially settled.
:
HIUHEST AND LOWEST PRICES OF LEADING STOCKS AND
INCOME BONDS FOR TWELVE VEAR'".
There has been much interest manifested in stock lluctuations ever since the beginning of that
important upward
ovement which started in August last. For this reason it seemed desirable to compile and present to our readers
a table showins
the actual highest and lowest prices reached by a large number of prominent stocks in
each of "the past twelve
m
years.
There is no disputing the logic of Stock Exchange prices, and whatever the talk may l>e about the value
of this property
or that, it all comes down eventually to a question of market price, which really forms the conclusion of the
whole argument
Hence the best practical history of the stock market for a series of years is found in the range of prices, and having
these
figures before us as the c^entral point of observation, we may throw around them any amount of explanation
and historical
environment in the way of remarks upon the financial situation, the crops, the money market, the panics the
London embarrassments, &c., &c.
The period covered by these twelve years runs back to within one year of the resumption of specie payments by
the
CJovernraent, on January 1, 1879 it also embraces two notable stock panics, that of Grant & Ward in May
1884 and the
Barings' crisis in November, 1890. Quite a ntunber of the companies, too, whose stocks are embraced in this
list have
been entirely reorganized during this period.
;
RANGE OF LEADING STOCKS AND
ISSl.
1S80.
TlirXK LINESBallimore i& Ohio
Cnnnda Suuthern
Erie
Lake
*.hor.>
MIchlKan Central
N. Y. Cm t. <& II u<lsan.
Ohio (3k MlnsimlppI
PeiinKylvania
COAL
183 -210
40 -SIH 50-80
80 3»«-52J<i
95 -13BH U2?6 135Ji
78 -130H 81J4-1SOM
122 -15654 130M-1S5
23 33-60
48 - 67}i 6»«- 70H
5m
ua
INCOMfi BONDS FOR
ISHi.
1883.
1^MI.
1^8.?.
I88«.
IPO -202
44 - 73
102)^ 20S
1S7 -leo
160)4-183
160 -191
47M-
nn
24X- 5754 23
- 47)4
9)4- 27T4
3454- 71)4
22)4- 3854
TWELVE YEARS.
1887.
1N8M.
104 -180
80 -106)4 81 -101)4
40 -<M54 46H- 67)4 50)4- S7)4
24)4-3554 2254- 3054 2654- 30J4
33«- 43«
26J4-40J).
98
77
am. 1U% 69H-10454 60«-8»J» 7UH-10054 80-0854
-120>i
-105
12354-138
87 - 42
77
tm-2854
-100)4
5154- »*)<
21-3651
83)4-122
1454- 26J4
48)4- 61
5SM- «6H 66)4- 645<
1^89.
85)4 104)4
1890.
(•titemu
92X107X 8S -104
42-61)4 4754- <tlH
16 - 28X i7x-aij<
0854-108)4 101
-114X 105X12e5<
mi
40)4- 7954 61)4
80 - 95)4 72-02)* 81 W- 98)4 83 -lOIX 87)4-10454
8154-107X 9854-11754 10154 11454 102)4 111 104J4UO)4 95X-1U
96)4-116
10)4- 28)4
4.'->«-
56)4
1954-3.554
5154- 60)4
- 32)4
21
53)4
00
17)4- 28)4
1954-8454
62M-6854 SOU- 66
15
- 2754
4754-
38X
16)44954-
S««
M
J!0.-1/).S—
Del. I.Rck. <& West'n..
88«-110H 107 -131
Oe'nwariHudson..
LebiKh Vailer
New JerMey 4-entral...
N. Y Wu-q. *: WcBt'n.
60 - 92K 895<-116«
48 - 57?< 57«- 64!<
45 - 90H 82)i-112
Phila. <k Kenilins
13H-
&
7256
116^-150i( 111)4-131)4 8654-183H 8254-12054 116 -Ui
128)4 i:»)4 123)4 146)4
102)4112X 67 -114
86)4-100)4 87X-108)4 86)4 100)4 103 -134
58X-67X 63 - 73X 57 - 71J4 54)4- OIX 66X- 62
63K- 5754 51X-67T4
08),(- 90
.37)4- 80
31 - 52
42)4- 64
55)4-86)4 73)4- 96X
154- 9
1«- 954 6 - 12)4 754-14
4T4- 8H
754- IIX
50 - 7ifi
ai)4
l(%-9054
13-26
46M18)4- 5374 S4 - 7154 «44X- 69
1.
g.
Fe
1135(-1525(
92 -154X
'SJi-mi
78 - 80)4
59M-80
63)4-89)4
70J4-100
&
4654-
80
10354-130X 8854
nH-iUXH
68X- 78
80M- 76!» 44 -7»H a05t-76
10254-Ue 102X-U4X 9S -117
IMM-U^
94M114X 88X10454 eix-«N
Great
124
-146)4 12754-150)4
-148
85
•114« 8654-112)4
-106« 83)4-100
PACIFIC ROADS—
Canadian P"ciflc...
Central I'aciflc. ...
Northern Pacific...
Preferreil
Union Pacific
SOVTBER!: ROADSChesapeake «& Ohio...
1st pref.
48)4-65)4
325i- 31
3954- 675»
64)4-88*4
S
23)4- 63)4
30 - 6754
8654-63)4
26)4- 48
14-27
16
19)4- 27
80
-1135ii 105)j-1315<
15
22
- 255i
- sax
13-2354
S - 15
3
-
27X- 41)4 23-35)4
W4-28
7
-2354 13
S
254-
2054- S3J4
IS
- 21
79
-110)4
- 70
5.1
8-16
49)4-10054
44)4- 60
122 -174)4 23 -263
30-4754
Income 5s
41)4- 7354
34-56
113 -123X 106 -11854
86X-8e54 64X-78
Under the
stock.
"X
-
13X
7 - 13X
-
2 -
»
8X 11-2254
nx 4-17
•354-
8)4
•8)4- 17
116)4-28
tl4,X- »7M 14X»)4 l66X-9e« 136-8854 4» -«m
"X
- IIX
- e
^
cub.
«
4054-68)4 884- 5154 22
M
U
MM- MX
«
25 -6754 87
54
-90H
71M-100
-MM
-MX
«54- 37
10 - as
161417 - S
14)4- 2»X t454-ll.i<
80 -uax 90X-ll)W4 61X-
»
B
•M#-96X *8«4-121
48-88
66 -US
x77 -IS7J4 76V4- 9854 71H- 88)4 4> - 78)4 B3X-8154 80)4- 80X «7X- 8154 W54-8854 SIM-
t Tmsteos'
ex-dlTidend of 100 per cent In stock,
x Lowest price Is ei-stocli dividend ot 48X P«r o«iit,
+ Ixjwest price
rule.
M
»
SO - 70X
West'n I'nIon Teiea'h. 77H-110K
New
-ui
854
8
K- 8X
8X-11X 854» - 8M
67 -83*4 62 -82X
63 -7«X 66-81
49 -6154 SS54-«e
S4)«-70X 6054- a4X 68X-»rx «»14- 9ZX mt-«mt
32-4954 17-42
14 - 84X
-6854 S4)4-S6!4 41X- 18K 47)4-8154 48-8654
21-89 12-32 1854- 43X 27X-77X 2054-53
l>W-a754 WW-S8X
17)4- 43
SM-2254 8X- 26H 7X-2854 20 - 3654
17H-2S
13
llM- t«M
S7 S4 -40
-4AX 27 -a»M
4)4-
Oil Trust..
•
n
ao -ioM<
-7»X 64X-77M
U
Stock
National Lend Trust...
Pipe Line C'ertiflcntea.
Silver Bullion Ceriifs.
Sugar Trust
Am. SuK. Hi'f. Co. com.
1
-120
- 61
itISCELLA NEOVS-
Am. Cotton
80-88
86
53
81-73
."»
2754- 5454
8954-10054
9854-11954
East Tcnn. Va. i& Ga.
1st pref.
Ijonisv. (fe Nashv
Norfolk Sc West. pref.
Bich. Oc W. Pt. Term.
Texas (fc Pacific
38-58)4
ISO -14SX U4 -138
88X-U154 1005{-U8
8454-U2
118)4-140
40)4-6854 61X- a*x 47X- 78
97 -84X 7SX2W4-4354 26X- S7X 38 -3854 29X-a9M
-»««
20
-SIX 22 -8154
3444 19M-»»4 26 -8854 51654- 3»X MM-aoH
4954- 9054 87M-5754 8««-6e54 63)4- 66)4 4154- 63M 4254-84
58)4- 78X 66-89
704-10454 28-8454 41 - e
-6354 48 - C«X 68)4- 71X 40 -68H
44X-68X
63 - 97H 80H-102J4 8254- 97)4 61 -
20-36
110 -140
4TW
70X
-mx
UIX
71-88
mi-i2TH
4654- 61K
iaex-U2N
90X-118J4 5SX-9954 2954- 68X 2354-5054 2454-
Chic. Burl, lb Quincy.. US -lasii 133«-182H 180)4-141 1155i-12t^ 107 -12754 U5X-138)4 12854-141 12854 150
eea-iuu 101J4-129H 96)4-128)i 9154-108)4
6454-0
tit. I'aul
8254- 88
Chic. Mil w.
6054 »5
117 -136 124 -160«| 115)4-140)4 81X124
N'orili weHtern. 87M 1.30
8454 11554 1O4X-12054 104X-12754
Chic.
-140)4
116)4-127)4
109 -140)4
100X-12«H< 106 -132 120)4-131
Chic. K.I. &. i>aciflc.... nooii 2w 129 -1185(1 122
N'ortliern pref....
Illinois C**nirai
DllsBOuri Pacific
U8X U054-14«5<
12454- UIW
8254-131
80 -USH
7 - 8X
554- 9
Income 58
&
12354-
120 -176
62-66 I47X-54X
38 . 60
26X- 4tiX 2S5|r4aN
85X- SIX 7W4-94X 50 - -5X 47X- 70
69W- 7854 56-8254 2e«-5»X 32-61
59X-87X 46 - 62X 23-48
«6X-«H
iRt pref. Income 5s...
*2A prft* incdinB .Is
3d pref. 1 come 3s....
^rESTEIl^Atch. Top. &:
13454 151
130 -168
I Ke-orirantaUlon certllleaus.
In 1881 to OctolMr SS.
certlflcatss.
(u)
I
WN
n«4-
n
\
Urn-
mi
Voiina truM cartiaeatas.
THE CHRONICLE.
603
[Vou LIl
In the clasing week of the year March contracts fluctuated
between 9-15 and 940 May, 9-40-9-65 July, 9-59-9-84, and
spots were quoted at 9 3-16-9 5-16 cts. Hitherto, it may have
been observed, the general course of the market had been
toward a lower level of prices.
The new year opens under auspices more distinctly favorable than had existed for some time previous.
The movement of the crop, thougli large, had been relatively
small, and began to show some signs of abatement so much
so indeed that maximum estimates were generally abandoned.
Spinners here and abroad operated with less timidity, and the
nearer prices declined toward the cost of production the more
nervous the bears became. But early in February credence
was given to rumors that the planters were holding back their
cotton and maximum estimates were again entertained.
Stress was now laid on the statistical position, in which the
visible supply was shown to exceed that of last year for the
same period by 475,000 bales. Under the influence of these
features there was a severe fall in the price of contracts. May
selling at 904 and August 0-20 and 9-21 respectively, which
figures were further scaled, owing to dull trade at Manchester
and large port receipts, to 8-79, 8-98 and 9'01 for the months
before mentioned.
The bulls now made most of the argument that at the then
ruling prices curtailment of cotton acreage was inevitable, and
furthermore they insisted that the planting season was late.
But the force of these arguments was more apparent than real,
for after an advance of nearly a quarter of a cent, upon favorable accounts of better weather for field and planting operations, July and August fell to 8-93 and 8-98 at the beginning
;
;
COTTON MOVEMENT AND FLUCTUATIONS
&
Co., bankers and commission
Messrs. l,atliain, Alexander
just issued their annual
have
Street,
V/all
14
No.
merchants,
which imbook on cotton (the eighteenth yearly issue), from
firm to
portant extracts are quoted below. The address of the
some length their views of the cotton
Co., of
trade; and an elaborate letter from Messrs. Ellison &
quite
reviews
publication,
this
for
expressly
Liverpool, written
thoroughly the history of the European situation during the
future.
past cotton year, and indicates the prospects for the
and
Messrs. Latham, Alexander & Co. address their friends
their customers giyes at
as follows
patrons
*^
Oct.
New Yobk, ^
wom
1891.
^
1,
Dear Sir—The season of 189n-91, because it has been uncommonly eventful, will long survive in the history of the
cotton trade.
,
,
,
Events of paramount importance occurred which iiave
manufacturer.
the
and
picker
the
planter,
alike
the
affected
The grand total of the American crop, values of exports and
other interesting facts we give as follows
,
:
bales. 8.652,507
Total cro'> of Unitea States
Total value of crop
Totil value of American consumption
|429.792,047
•
Averaitc price of middllog uplands in
Uverpool 1,S!)U-91
Average price of middling uplands in
*lJ7.l7.i,b<d
Pence.
Cents.
New York and
New York and
Liverpool 1830-90
9-03
4-21
11-53
5'97
—
of April.
Speculation then lapsed into a moribund condition, out of
which it revived the middle of April, to force the price to 8 61
and 8-68. A perfect avalanche of cotton deluged the South,
sweeping away with iirresistible force every argument that
The crop of the United States for the season just closed the bulls could offer in favor of higher rates.
Prices now looked attractive, and it was natural to supshows an excess over that for 1889-90 of 1.345,316 bales.
This phenomenal increase over a yield which only a year ago pose that the lowest prices of the season had at last been
was the heaviest on record is susceptible of but one explana- reached.
The bears covered their contracts, and, assisted by fresh buytion.
The farmer elated over the gratifying returns for his product ers, a reaction followed, and August sold up to 9 cents again.
In June, however, the Chronicle and Department of Agriin lb89--90 determined to extend his area to its utmost capacity
under cotton cultivation. The result has therefore been that, culture united in representing that there had been some refavored by a propitious season for picking, a crop was mar- duction in cotton acreage, and that generally the conditions
keted which was altogether disproportionate to the wants of were less, favorable than at the same date- the year before.
the world, and the raw material has sold at a price the lowest This was a sore disappointment to the bulls, who had expected
and relied on a more unfavorable report. A stampede folwithin the memory of most of us.
Although the responsibility for this state of affairs rests of lowed; the bulls relinguished their cotton with such vigor that
course mainly with the farmer, yet the year past has been ex- August sold down to 8-45 and a little later to 8-04.
For the rest of the season fluctuations were caused by retremely prohiic of events which independently have exercised
a depressing influence on the value of the staple product of the ports of the weather from the planting regions, which affected
South. What those events have been it is our purpose in the the market according as they were construed to be favorable
or otherwise. But it must be mentioned that on July 28, upon
following pages to partially and cursorily describe.
The season opened with spots (quoted at 11 cents) and con glowing accounts of favorable conditions for the growing crops
January, 10-35 March, 10-40), at and upon the receipt of weak cables from Liverpool, August
tractH (November, 10-30
such prices as had they been maintained would have guaran- finally sold down to 746, the lowest piice for contracts during
;
;
teed to the planter a handsome return. But it was not to be.
Under the combined influence of the suspension of the leading
operator at Liverpool, large receipts and cheeiful crop reports,
the first week witnessed a fall in prices which was the commencement of that decline which, with but few interruptions.
did not complete its downward course until August contracts
sold at 7-46 in July and spots at 7 15-16 in August of the folio w-
the season.
The season of 1891-93 begins with the world's visible supply
about 600,000 bales in excess of what it was this time
last year.
The question is, what effect has this large increase
had in curtailing tbe acreage planted for the coming crop.
Our own inquiries lead us to believe that there has been a
of cotton
very material reduction.
ng year.
The Chronicle's investigations, expressed in numbers, shows
Whatever foundations unfavorable weather reports estab- a di'crease, though a small one, at the same time asserting that
lished upon which a bull movement might have been inaugu- "the promise is that we shall have a 'good' crop; there is,
rated, they were speedily buried out of sight by the unusual
dimensions of the receipts at the ports and by the accounts of
clearing weather at the South. By this time, too, the truth
was ai-certained that though parts of the crop in certain sections of the cotton belt had been seriously damaged, still they
had not been destroyed that though the quality had been impaired the quantity had not been reduced.
As the iei3on progressed statistics began to foreshadow the
:
outlines of that prodigious movement before which the price
of cotton was to melt away like snow under the noonday sun.
Holders at the primary points betrayed considerable anxiety
in their desire and efforts to dispose of their cotton at or even
under current rates, and aided by the growing gloomy aspect
of financial affairs on both sides of the Atlantic, supplemented
by the growing popularity of maximum estimates, the value
of cotton broke down completely, and November contracts
sold at 9centB, a figure which the bears had all along predicted.
Instead of monetary matters assuming a brighter aspect they
RTew more alarming until the crisis was reached in the stranding of the historic hou.se of Baring Bros.
Co., resulting in
the complete collapse of commercial credit and the advancement of the Bank of England rateot discount to the minimum
of per cent, actual diBCoaniB being granted at 7 and 8 per
'^
cent.
The closeness of the relations which the Bariums held with
corporations in this country cr.ated lively apprehensions
of
financial disturbance over here, and the banks,
determined on
a course of self-preservation, adopted a policy so conservative
^utious and circumspect that at last, when the negotiation
of foreign exchange with bills of lading
attached was rendered extremely difhcult. if not impossible, the
demoralization
that ensued naturally checked all trading in
cotton for export and liampered business in all lines in any
way depeudiuir
F^uuiuf,
&
on theuiarkttingof
till-
cr,)p.
In fact, thf iransaction of all business was
seriously emliarra»i«J and opecuiative enterprise was completely
suspended.
however, a chance that we shall have a poor crop, but there
no possibility of our having a 'full' crop."
In the light of these inquiries, taking into consideration the
ravages of worms and the destruction of parts of the crop from
other well-known causes, desiring to be as consistent and conservative as the existing conditions will permit, our estimate
of the prospective crop is 7,600,000 bales.
In conclusion we cannot omit to call attention to the admonitions that in the past we have repeatedly addressed to
our friends, the farmers, in regard to the folly of overproducing the staple and thereby depressing its value almost to
the cost of production point, and neglecting to raise such
'
'
13
cereal crops as wheat and corn.
The past season has illustrated in a forcible manner that very
state of affairs, which we have all along tried to induce the
farmer to avoid begetting. To the most unreflecting it must
be plain that the persistence in a policy which tends to keep
the value of cotton by overproduction at about what it costs to
raise, and to oblige the paying of $1 75 for corn, must terminate sooner or later in disastrous consequences.
Unless the farmer resolves to invest less of his capital in
cotton and more in breadstuffs, unless he resolves to keep the
limits of his acreage in cotton more in conformity with the requirements of the times, be cannot reasonably expect that
amelioration in his financial condition which the pioducer of
an article of such universal consumption as cotton should enjoy. Unlike other produce, its cultivation is limited to certain
latitudes, and is incapable of being indeliniiely extended except in the purlieus of these latitudes. Com pftition is therefore confined amongst Southern farmers themselves, who,
because they are unable to consume all they raise, are dependent upon foreign nations to buy their surplus and if such
siupUis more than supplies these nations' wants, the result is
the markets of the world become overst<x;ked and the whole
crop is depressed beyond its intrinsic value, when It is no
longer a money crop.
;
October
THE (HRONKJLE.
a4, 1891, j
prefers American cotton when li(> cun
and i« willinR to pay a premium to ol)tain it. If on
account of itH scarcity or relative dearness he u»e« other
To us. llierffo.o. it
growths, lie does so under compulsion.
seems tliat llie farmer has llie sliapinK of lii.s own rlc.jtlnics
more in liis own haud^ than one would think ho belii'vot ha
has.
It behooves him to become a student of the iniliHtrial
world, to extend the ran^e of his vision beyond the condnes
of his own |)luntation. If he will do this, we do not doul)t
that in the future he will become more and more indei>endent, and shar(> in a greater degree the prosperity of the most
progressive section of tliut country which is to-day the wonder of the world. Again availing ourselves of this opjKjrtunity to present our compliments to our friends in all sections
The European spinner
get
it,
of the South,
We remain obediently yours.
LATHAM, ALEXANDER &
LETTER FROM ELLISON &
CO.,
CO.
LIVERPOOL.
(WBITTEN EXPRE88LV FOR THIS BOOK).
Liverpool, September
12, 1891.
Latham, Alexander & Co., New York.
Dear Slits — Although the past season cannot be said to
have been altogether uneventful, there have been no exciting
episodes, such as were witnessed in connestion witli the
"squeezes" and "corners"' of the previous two seasons. The
course of prices during the first ten months was, with slight
fluctuations, constantly downwards, owing to the com'oined
influence of the ever-increasing developments of the American
crop and of the aimultaneousiy diminishing volume ot business in Manchester, atcgravated at the outset and for several
months after, by financial uneasiness and the interruption of
exchange operations and in the sequel, by temporarily overloaded markets for both the -raw material and the manufactured article and by the advent of an universally bparish
sentiment which carried everything before it, in consequence
of the current depressing surroundings and the apparently
hopeless future of the trade. The " bears " attained as firm a
grip of the market as the " bulls " had secured in the previous two seasons, and prices were driven as unjustifiably low
as they had last year and the year before been forced unjustifiably high.
The check to the downward movement came
at the end of July, at which date it became apparent that both
spinners and Epoculators were heavily '"short"; and since
then prices have steadily advanced, owing to the efforts of the
" bears" to cover and to the uneasiness occ.isioned by the unMessrs.
;
;
favorable character of the new.s received about the condition
of the new crop the upshot is :i rise of ^^d. to ll-16d. after a
fall of l?gd. lo 1 7-16d.— leaving prices still %d, to J^d. below
the rates of twelve months ago.
Tbe season opened with luuulling at SJ^d. for spots, 55gd.
for the current month's delivery. These prices sho ^ed a decline
of about Id. per lb. from the top rates paid in August. There
was naturally a little more business doing at the decline, but
with favorablj crop advices and unprecedentedly heavy receipts, there was no disposition to buy for the rise
and
throughout the month of October prices gradually eased off.
The depression was further intensified in November by the
adverse turn taken by financial affairs. On the 7th, the Bank
of England rate oi discount was unexpectedly raised to 6 per
cent, and the state of things on the Stock Exchanges of London and New York began lo assume -a very threatening apearance,
^iiit^ i,ousequence was a very uneasy feeling in cotton circles
on both sides of the Atlantic, especially as increased estimates uf tlie crop began to be put forth, and on the 19th middling was sellin.; at 5 3-16d. for spots and 5 3-64tL for November delivery. The news respecting the assistance given to the
eminent house of Messrs. Baring Bros, had a very depressing
intluenoe and caused people to fear that, altiiongh a great
crasli had been averted, monetary troubles of less important
magnitude might be experienced. The near approach to od.
per lb. and diminished crop movements attracted buyers, but
continued misgivings as to financial matters prevented any
improvement in value, and on the Ist of December middling
was at 5i^(i. for spots and 5 1-32J. for the current month's deivery.
Dista it cotton, however, was at a premium, AugustSeptember being quoted 5 !)-16d. per lb. In the month of
December there was a slight recovery between the 1st and the
10th, 8ix)t8 rising to 5 3-16J. and near deliveries t<j 5 11-64J.;
but thence to the 23d there was a falling back to 5}gd. and
5 l-64d. respectively, in consequence of lower price from
America and increased crop movements. Once more buyers,
infiuenced by the idea that prices were at a safe level, again
came to the rescue, and the month closed with spots at
5 3-16il. and December-January deiivery at within one point
:
;
of 5; ^d.
Tl'io new year opened hopefully.
There was a sliarp rise in
values at New York, and wuh an excellent demand prices between the Ist and 9th of the month gained 'gd. for spoti and
6 to 11 points for futures. Tiie crop movements were not
lar^r nnd though people talked of 8,0U0,O00 bales, no one siuleiiS .(.ntemplali'd much higher figures; but with increased
njov!;u»eat.s, eslioiates aa higli as S.SDO.WO to 8.3o.). 00Q bf,'-n
007
1)6 put forth a< p iH-Mlble of altahimont,
HImultnnnoutIr,
hu!>ine« in Mant;h htir became very (piiot, w) much m> that
the sale of yarn ami good* fell b<-htnd the rut*- of prridiiRtion.
The uiishot was a general lo(w of coiitldence and a <l<H-line trf
Sgd. per lb. in KjKJtn and one of »^d. to 7-ltl<l.
In futures Iietwcen tiie 9th of January and the 7th()f February. During the
sutwcquent wei'k there was a slight reaction, owing tol •«» sanguine views about the cron but tli(!iii-e t-i the 7th of March,
with weak prices at New York and the South, heavy receipt*
and the threat of excessive supplies for tlie tialance of the se*>
son, prices again gave way until sfKits were quoted 4 19-lOd.
near deliveries 4-4(i<l. and Heptcmlier futures 4-6td. The fact
that values had fallen almost to the loweitt level touched for a
generation again brought in buyers and, with rP[iort< of the
backward condition of the preparation for the new crop,
prices between March 7th and IHih gained >gd. per lb. for
lo
;
;
8[M>t8 and futures.
But with renewed heavinem ia ManChester and continued large receipts at the American ports,
the improvement was more than lost, and on the 2lHt April,
middling was at 4 ll-16d. for spots and at 4 9-16d. for the current month's delivery. Once more the notion that prices had
at last touched the bottom led to a In-tter demand, which resulted in an advance of }gd. for spots and nearly i^d. per lb.
for futures.
There was more animation also in Manchester,
and people began to think that the worst wa"* over ; and that
henceforth any fall that might take place would onlv be slight
in extent and temporary in duration. This was ori May 7th,
but the inclination to take a cheerful view of the future was
not backed up by any sustained support from consumers,
while improved accoimta about the progress of the new crop
raised visions of a possible glut of supplies. This state o""
things thoroughly disheartened the "bulls" and threw tha
market as completely into the hands of the "bears" as it
had twelve months previously been in the grasp of their natural enemies.
The result was that witli slight imerruptlons
the market, h.-inimered by the "shorts," weakened by impoverished "longs" and neglected by spinners, sank into a condition of absolute demoralization; and prices t)etweeii the 7th
of May and the 29th of July lost J^^d. per lb. for spot s and fgd.
to Jfd. per lb. for futures, middling selling at 4 5-l6d.'for
spots and only one point over 4 8-l6d. for July delivery and
two points over the same figure for September delivery.
These prices had not tieen touched since 1848— the year of
political revolutions on the Continent and of commercial dislocation everywhere. Nevertheless, the talk was that the de" Bulls" sold out and
cline would not stop on this side of 4d.
became "bears" and spinners sold "short," as if they could
evolve yarn out of their inner consciou3nes3. The result was
the creation of enormous "bear" interest.
pointed out
the danger of this course at the time, and we held that even
at 4}^d. selling "short" was more hazardous than wise,
thougli prices might temporarily be driven lower. The last
J^d. decline was absolutely unjustified by the facts of the
situation, and was the result of that species of insane panic
which occasionally runs riot on 'Change sometimes in cotton and sometimes in other departments of business. Daring
the closing days of July and the first week of August there
were indications that all the weak " bulls" had sold out, and
that spinners and speculators who had sold " short" were becoming nervous. Moreover, the low prices were attracting
tlie attention of outsiders.
The attempt to buy on anything
like a liberal scale discovered an unexpected scarcity of sellers.
This only made the "shorts" and consumers more anxious to buy, and the upshot was that between the 29th of July
and the 8th of August prices advanced J^d. for spots and 17 to
18 points for futures.
During the subsequent four weeks,
with an extensive demand from spinners, to cover the considerable business doing or done in Manchester, and with eager
buying by spsculators to cover "shorts" or to go "long,"
prices, with the usual slight fluctuations, gradually advanced
—ending in a rise (between August 8 and Septeuilier 7; of
Middling was
5-16J. for spots and 27 points for near futures.
now quoted at 47gd. on the spot and the same price for September delivery. The confidence of oiietators was strengthened by less favorable reports about the crop, but these had
less influence than the improved state of business in Manchester, inJi<:atfd by the large purchases of the raw material,
and the growing conviction that aside altogether from the crop
prospects prices had been forced unduly low. After a rise of
9-16d. for spots and almost ll-16d. for futures from the previous lowest point, there was, very naturally, a pause, especially
as though near cotton was still only at 4^gd., June-July was
selling at 5 5-18(1., making August-SepteniU-r worth S^d.;
and particularly as even the most sanguine "bull" had not
ventured to look for more than ii'j'l- »^ the eventual top of
the market. The re.-iult of thij reflective mood wa.s tliat between the opening of the 7lh an<l the morning of the 9th there
was a reaction of about 7 points. The receipt of unfavorable
crop advices cau.se<l a rebound of -5 to 7 points before the close
of the last-named day, but the improvement was lost on the
10th in conse<iuen(.'e of the receipt of telegrams from New
York stating that the forthcoming Bureau report would be
better than expected. As the report, however, provi'd to be an
unfavorable one, though not so bad as the bogus pointers previously circulated lor manipulating purposes, the market became very stn^ng, es|>ecially n-s spinners continih-d large bay*
ers of b->th sjKits and futare^: and the result is that pri^^i
to-day (Sept. 12thi ainnst back tu the higbeat nies KWtlied
on the 7th, with the tendency still upwaros.
The princi|>al fluctuations in spots and fatarra, during the
scssou, compare as follows
both
We
—
an
:
THE CHRONICLE
H08
New Bonds and
FulWfS.
Current
Month.
Spot.
October
^?*
? '«
1
November 18
December 1
'^
,»
2''"
1891.
JaniiWT
1
JanAiryS
^A'
* ''«
Febniary 7
Febrimry 13
* ,!«
M«roh7
*
''.i"
.4,\,
*;«
•*.J8
Beptember9
September 10
September 12
5-2
5'7
5-26
6-18
.»i-32
4-.i6
54
510
4-.^7
J47g
4 50
f's
4ib„
i
5-20
4-54
4-30
4-35
4-13
4-31
4-58
4-51
^Js
July 29.
Auguits.....
Bepteinber 7
5-44
5-3
5-:
4-.'i6
''«
f''*
June 29
5-40
4-46
4-59
"i«
f *'«
*
Marcli 18
April 21
May 7
June 11
Spot,
(t.
a.
<'
isw
4-58
4-Cl
5-9
4-49
4-«3
4-39
4-40
4-14
4-31
4-58
4 -SI
4-57
4-50
4-53
The fluctuations since the 7th inst. indicate the nervous condition of the market. The oEBcial quotation for middling is
only ij»d.; but the grade is selling 4 15-I6d.
The opening, lowest, highest, cloiing and avarage prices or
middling upland^compare as follows
:
6
a,
00
00
H
d.
5?i
4^14
5'l6
Hlgrhest
5%
«Hl«
Closing
4i»i»
Opening
Liweit
Average
The
6
«9l«
a.
5«16
5%
5^
6
6
d.
d.
5if
5^
a.
d.
5%
6',,
51,8
4"l8 51,,
5%
6
59l8
5'l8
5\
6l»i>
5\
5^
5H 5\
53>sj
quotation was never lower than 4%d., but
5\
4"i« 6^
ofBcial
rH
d.
a.
a.
00
00
00
00
r-i
6',
5'8
5'i8
81l6
plenty of the sales are done at 4 5-16d.
The imoort into Europe during the past season (September
estimated) compares as follows with the actual arrivals in the
previous four seasons, in thousandj o' bales. The stocks and
The stock at the end of September is
deliveries are added.
estimated at 1,100,000 bales, against 709,000 last year.
§
i
Import—
ot
00
00
East Indian
Sundries
Total
Stuck, Oct.
1
1^
10
00
00
00
H
rH
American
CO
CO
CO
6
10
00
CO
00
00
1,57-i
4,234
1,299
3,X59
1,023
988
700
U02
0,073
6,971
8,233
812
613
746
5,784
1,003
7,536
7.485
7,586
7,029
6,792
527
446
812
615
746
7,009
7,039
6,771
6,414
131
135
130
123
6,046
116
5,785 4,886
1,345 1,8«6
4,711
1,618
4.556
1,182
4,405
885
734
741
933
8,015
7,486
7,090
709
527
416
8,013
709
7,304
140
Deliveries
7,624
Average per week..
146
CO
rH
r-(
The new season opens with lower prices than have been
witnessed, at the same date, for a generation past, and with
stock little, if any, larger than at the end of Septem'jer, 1883,
when the rate of consumption for Europe was 137,000 bales
of 400 11)8. per week, against the present date of 173,030 bales,
In our letter of twelve months ago we stated that the world
wanted an American crop of 7,500,000 bales, assuming full
supplies to be received from other quarters but although
Egypt sent a bumper crop, tiiere was a more than counteracting deposit in the shipments from India aid so far as we
can estimate at present, the consumption of American cotton
during the season ending on the 30th inst. will not fall short
of 7.850,000 bales. In this connection it should be borne
in mind that an estimate of 7,500,000 was of cotton equal in
quality to that of last season, but it turned out at least 2 to 3
per cent worse equal to about 200,000 bales. In the coming
sea.son there will be a further reduction in the shipments from
India, as the crop is smaller, and is moreover, like the American crop, doing badly; but as the new American crop promises
to be better in quality than the last one, it may be that the
consumption in 1891-92 will not exceed that of 1890-91 and
that a yield of 7,250,000 would suffice to go around.
But so
serious a reduction in supply would mean a material
advance
upon present values, as the stocks in the world would once
more be reduced to figures small enough in compass to attract
the attention of speculative operators able and willing
to
engineer a " corner." So far as the prospects of trade
are
concerned they are fairly good for this country, and for
most
placet on this Continent -the chief exception
being Russia
which country will probably take at least 100,000 bales
less
American than in the old sea-son, owing to the distress
caused
by the Bemi-failure of the food crops. It is for this reason
that
•we tlimk U poesible that not more cotton wUl
be required in
the new season than was used last season. As
to prices, as
already obeBrred we look for some advance—
great or smallaccording to the out-turn of this American crop.
As to the
probable extent of this crop, any estimate put
forth
can only be mere gusss work, but private advices thus earlv
at hand thw
jreek do not ]u«Ufy expectation of more
than 1]^ to 114 millions, while some consider these figures
too large.
;
;
;
Yours obediently,
ELU80N &
I
CO.
Vol. Llll.
Stocks AiiUiorizcd or Offered.— The follow-
of new issues of securities offered or to be offered
A08TIN. Tex.— $60,000 aehool bonds arc autliorized.
Pn 'CKTOX, Mass.— * 100.000 City Hall bonds are authorized.
BuooKLTN, N. Y,— $750,000 3 per cent pulilio market bonds, due Jan.
1. 1917-'18-'19; $100,000 3 percent N.Y. & B. Bridge t.onds, due
Jan. 1, 192.'i. Bids will be received till Oct. 28 by the city corapbids will be
ti'olier. $.'00.0 10 3 per cent se-ver bonds, duo 1914;
redeived till Nov. 5 by the rity Comptroller.
Cdlumbus. Ohio.— $23,805 water works bonds will ho sold Nov. 2.
Denison, Tex.— $32,000 nchool. $25,000 street improvement an d
$25,000 sewer bonds are t be Issued all (i per cents, and due in
1921.
Eari.v Con tt, Ga —$10,000 bonds are authorized
Ge HOIA.— ^50 '.000 bonds are authorized for pensions, to be Uaued
during the next ten years.
Henry County, Mo.— 50,iiOO court house bonds are to be Issued.
HoBOKE-. N. J. $31,000 5 per cent sewer bonds arc to be issued.
Muskingum. County, Ohio— $50,000 5 per cent bridge bonds, due
1905 and 1906. Bids will be received by J. A Kuight, ZanesvlUo,
ing
is
a
list
:
)
;
—
Ohio,
till
Oct. 30.
Nassau Gas (Bko klyni- $250,000 new stock is to be issued.
KsoxviLLK. Ten^.-.- $100,000 public improvement 5 per cents bonds,
due 1921. Bids will be received till Nov. 1.
Gadsen, Ala.— $25,000 6 per cent bonds, due 1921, are for sale.
Ohio & Miss'ssippi.— At Cincinnati, Oct. 17. 1891, Judge
Maxwell decided in favor of the Baltimore & Ohio party on
the method of -voting to adjourn. Their opponents had in
Thursday's meeting secured an adjournment to Nov. 19 by a
viva voce vote,and the Court held that not only the 'ly-laws of
the company provided that the vote should be by shares, but
also that the drift of modern judicial decisions with regard to
corporations is founded on the principle that property is the
foundation of their being, not per.sons, and that votes should
be by the amount of prop'^rty held bv individuals and not by
the number of persons holding it. Therefore th= vote to adjourn was void. The majority stookhold 'rs voting, by proxies,
adjourned till the 16th and then to the 17th, when Mr. C. K.
Lord, representing Brown. Shipley & Co. of London, voted
147,760 shares of stock in favor of Julius S. Walsh. D. Fahnestock and 8. McKim as director*, and they were' declared
elected.
—A
statement has been made that the Pacific
Pacifle Mall.
Mail Steamship Company has decided to issue 6 per cent
bonds to the amount of $3,000,000 for new boats for its
Ciiina service, provided it could get a good price for the
bonds and could get the contract from the Government to
carry the mails under the new postal law. The China service alone will be worth $450,000 to the company if it gets
the mail contract. The company will need three new steamIt has two steamers now building, which
ers on this line.
will be finished by March 1, and two others rebuilding, which
will be finished by Mav 1.
Mr. J. B. Houston, the Vice-President of the company, was
quoted as saying: "The company has not decided to issue any
have
bonds, but may do so should contracts warrant it.
not got the Government contract and no issue of bonds has
been ordered."
We
Pennsylvania State Bonds.
—The
Sinking Fund Commis-
sion have resolved that in view of the fact that moneys sufficient to redeem the maturing loans are in the State Treasury,
the Treasurer shall apply the said moneys to the redemption
of the $ 5,028,000 of Penn iylvania State 3 per cent bonds, which
are reimbursable on February 1, 1892, paying the holders
thereof the principal of said bonds together with interest
thereon to the date named.
—
San Antonio & Aransas
Pass. In a report of the receivers
ending July 14, 1891, it is stated that
circumstances did not ad nit of adequate expenditures for
renewals during the past year. A necessity exists for the
improvement of the track, and putting the line in good physifor the twelve
m in ths
cal condition, thus conserving the best interests of all concerned in the property.
In June an order of Court authorized the completion of
the unfinished line between Lexington and Lott stations, a
distance of 53 miles. Bids were invited for this construction
complete, and M. Kenedy being the lowest bidder was
awarded the contract for $300,000 payable in receivers' cerHis
tificates at par, bearing 6 per cent interest per annum.
contract called for completion of the work by Septemljer 25,
1891, but owing to a legal conflict and failure of M. Kenedy
to complete the line as agreed upon, a great loss is entailed
upon the property, and the receivers are pushing the work to
completion.
INOOMB account AND FrNANCIAL EXHinrr.
EarningsFreight
Passenger
Mall
$1,331,621
331.163
40,051
30,706
7,402
Express
Miscellaneous
Total earnings
Operating expenses
$1,740,945
1,421,880
..
Net earnings
Deduct
$319,065
—
Taxes
$21,597
7.597
28,053
Insurance
Court costs
57,247
Balance income aooount
$261,817
payable
$325,962
166,103
113,668
•Eeccivers' certiUcates, Series
93,000
IReoelvers' oertlfloates, Series
27,000
*725,735
* Oertlfloates Series "A" Issued account of oonstructton Lexington
to Lott. t Oertifloatae Series "B" issuttd aooount of equipment.
Bills
Unpaid vouchers
Unpaid pay-rolls
'
'
THE CHRONICLK.
OOTOBBH'M l»«.J
(J0»
COTTON.
glxe (£/ommcvciid gimcs.
Fkidat.
COMMERCIAL EPITOME.
Frujat Niqht, Oct.
More seasonable weather
riui
from the .Sfuith to-night,
thin evening the total
23, 1801.
in
latitudes Ims given soiuething o( au impulse to such business as depends iti a great
degree upon the progress of seasons and on atmospheric conditions
but it canuot be said in general terms that trade is
active.
Among ijpeculative incidents it uay be mentioned
that wheat has dechned under th« excessive movement of the
new crop, and that cotton hiis partially recovered an early decline from some reduction in receipts and reports of killing
frosts.
A lar>(e export movement in oats was attended by
rumors that Russia was about to prohibit the export of oats.
There have been storms of unusual violence at sea, delaying
the ocean steamers and causing many disasters to shipping,
more or less serious.
Pork declined early in the week, and the lower prices led to
better business, but the close is dull; quoted at $9 73 it $10 for
old mess, $10 23.4 $10 75 for new mess, $10 50*$11 for extra
prime and $13 50 a/$14 50 for clear. Beef has been dull; extra
mess, $7 75 a$8 25; packet, $9 50^$10 50; family, $10oj$i3 per
bbl. extra India mess, $17 50(a$30 per tierce. Beef haiiis steady
at $ia 50 per bbl. Cut meats are dull, and prices in some
cases are cheaper. Quotations: Pickled bellies, 8}^i<?8^c.;
pickled shoulders, 8@di^c., and hams, 9^ tt 10c. Tallow is
lower and active at 4%c. Stearine is quiet and easier at 7>^'^
7J^c. in hhds. and tcs. Oleomargarine is lower at 6^c. Butter
is firmer but dull at 24 dSSc. for creamery. Cheese is lower and
dull at 8J^ aiQJic. for State factory, full cream.
Lard on the spot has been rather inactive all the week, and
closes quiet at 6'25c. for prime City, 6-62i^<56'65c. for prime
Western, with refined for the Continent quoted, at 6-80^7c.
prices which show a slight decline. The speculation in lard
for future delivery has not been generally active, but at times
there have been buying movements in sympathy with the rise
in corn. To-day there was some selling on Western account.
uA^iLir OL.USINU rmoiM or i^ajw fdtukkb.
aat.
Uon.
r««».
Wed.
r*ur.
/Vi
November delivery
o.
6-U9
6 62
6 57
6-6'»
6 57
6 02
DeiemDer drllvery
6-71
o.
6-6ii
661
6 63
6 6tf
6-BH
all
o.
682
677
670
b-7'2
6-78
6-72
I
|
.
December
June
lO-uOo
—an advance of 10(330 points for the week.
Raw sugars have been ouiet until to-day, when there was a
fair business, but at a decline from the nominal prices previously quoted, closing at 2 15-16c. for fair refining muscavado
10-90o.
1
Mareb..
10-80c.
are 2,400 cases, as follows
600 cases 1890 crop, Pennsylvania
Havana, 61*423.^0.; 200 cases 1890crop, Pennsylvania seed, 13 <*
16c.; 1.50 cases 1889 crop. Pennsylvania seed, 12)^ a 15c.; 500
cases 1890 crop, Wisconsin Havana, I2J^'<il6c.; 1.50 cases 1890
crop. New England Havana, 18>>i'a60c.; 100 cases 1890 crop.
New England seed. 21(a35c.; 250 cases 1890 crop, Dutch, 12®
13c.: 1.50 cases 1890 crop, Ohio, 8)^ d lOJ^c.
150 cases 1890
crop, Zimmer's, 12@14c., and 150 cases sundries, 6a3.'>c.;
also 1,580 bales Havana, 70c@$l 15, and 150 bales Sumatra,
:
;
83^3
25.
the Metal Exchange Straits tin is quiet and easier ten
tons sold to-day at 19 95c. for December; quoted at 2005c. on
the spot. Ingot copper has further declined, with more doing
at the reduced prices.
There were sales to-day of 75.000 lis.
of Lake at lli-^c. for October and December. Domestic lead
is again easier and dull at
Pig iron warrants are quoted
4}ic.
at $15-25 for January. The interior markets continue very
dull, but a considerable sale of scrap steel is reported at about
$17 per ton.
Refined petroleum is quoted at 6-40c. in bbls., 7*80c. in cases
and 3-20c. in bulk naphtha, 5-75c.; crude in bbls. 5-60c. and
in bulk 3-lOc. Crude certificates were active to-d»y, selling
to the extent of 85,000 bbls. at 59^@60%c., closing at 60''gC.
These prices show a partial decline from last week. Spirits
turpentine is easier and quiet at 36^((«37*4'c. Rosins are quiet
and unchanged at $1 30(a$l 87 j^ for'strained. Wool has a
slow sale, but hops are in better demand.
It4e«lp^»a^—
Mm.
Mat.\
SalvestoD
Tutt.
I
Wed.
I
|
TAurf.
I
g.Sil 14,043 10,979,
8,8*7
8,090
10,948 17,898 85,23S
3,339 4,184 1,782
8,756
18,101
3,399!
Kl P»*o, <ka...
Wew Orleam...
Uobtle
Florida
Bavaunali
Bruniw'k, Ao.
I,030j
9,833 23,897
9,625
9,437| 13,391
Oliarletton
6,309' 11,291
8,441
7,200
4,826
Port Koyal.Ao
Wilmington....!
2,378
1,177
1.394
1,188
1,939
m.
Sorfolk
S.Otl
3,075
8.123
3,960
8.778
5,260
3.894
2,481
5,027
1,924
Boaton
Baltimore
102
48
198
40
836
Phlladelph'a.&o
253
134
172
80
week 54,710 83.603
79.6.'S3
,
West Point...
t('wii'tN'i,Aa.
IbteJ.
I
9.019
60,418
2,3)13
3,362
U.0U3 10«.831
8.821 ie,8«4
loo
10»
10.382 74,454
14,697 14,097
IB} 88,333
9Ss|
Wa*'^on,ft«l
8,9*3
102
103
0,781
35,01*
17,480
1,308
t,573
1,203
(few Tork
retail thU
l.SSS
140
237
418
518
48.1431 SS.724
fl.'i.SgS
880.111
418
1,S0S
For comparison we give the following table showing the
week's total receipts, the total since .September
comoared with last rear.
1,
1891,
and
the atook to-niccht.
1891.
BteHpltlt
mu
Oct. 38.
Week.
74,454
..
Briuis.,dM.
Obarleston
14,6»7{
88,313
..
P. Royal.Ao
VIlmlnKton
]
8,913l
Wasb'tn,^bc
Vopfolk
West Point.
HwptN.,^ko
Hew York.
|182
85.013
17.480
1,208
•
..
Boston
Baltimore.
1,258
..
418
Pbr de'a.Ao
1,803
TMe
«*M*.
1
tint* tep.
1, 1890.
1891.
Week.
359.125
50.702
356,988
7,001
338
1,490
486.450
82,718
80.793
14,426
6,027
630
372.327
41.615
168.569
193
54,839
361
118.803
70,237
8,216
1,683
4,706
63.084
889,839
77.075
13,462
360.036
47,664
167,829
1,558
8,861
146
207
1,
3al veiton . .
60.416
Kl Paso.Ao.
3,162
<ew Orleans. 106,831
Hoblle
16,664;
Florida
100
Savannah.
1890.
KnttMep.
9.<:63
19,864
1891.
18*0.
141.808
101,000
202.748
24.679
146,581
18.347
177,217
7,528
132,719*
119,575
8,712
53,1*4
34.039
15,795
64.605
24,096
898
114.620
39,083
25
81,420
204
172.005
73,049
3,723
1.300
3,489
1,S2T
3,478
11,821
74
86.372
18,648!
899
686
1,201
88'>.I2l'l,7B'?.893 113.451 1,754.279
T-la's
n
irder that
comparison
13,50i>i
11,991
4,447
31T
86,079
0,000
0,338
4.675
I
may
t>e
1
made with
.074.985
559,58
other years,
we
• iaIow the totals at leading: norts for six seasons.
g\\
Ml 'ta»—
1891.
alT iMU.Ao
1 ew Orleans
Mobile
Point, 40
Al others....
18,6-)8
17.776
57.040
80.795
14.426
63.084
19,834
11,895
86.272
17,543
13,532
rot. this week
390.121
813.491
Savannah.
..
Oharl'st'n.Ao
mim'«rt'n,Ac
ortolk
Wt
1889.
1890.
62,778
106,831
16,664
74,454
18.222
9.095
85.613
I
1
1888.
1887.
53.687
102,711
16.137
53,524
31,647
5.950
27,073
24,786
15,063
85,373
75,538
10.041
53.376
32,957
10,529
31.941
32,036
320,578
270,707
34,232
102,254
11.602
47,435
25,0 iO
13.314
27,010
15,472
8,895
8.887|
304.934
1888
35.393
72,930
0,018
49.611
27,081
9,403
81,781
13.747
8.379
238.48*
fliooeSept.l. 1793,883 1754,271) 1616,801 1278.113 1749,371 1343.801
The exports for the week eniling this evening reach a total
of 181,300 bales, of which 123,786 were to Great Britain, 12.691
to France and 45,733 to the rest of the Continent. Below are
the exports for the week, and since September 1. 1891.
Wtk MnMiu
jytmi StH- 1. >*•!. to Ore. tt.lSSt
Jtoportad to—
Oet.
Baportt
OonM-; Ibtol
IMfU. irMk.1
\
Conti.
IMa'.
'
;
;
For thf w.i-k i.fidlnB
have reachfd iH» 121 bales
week and 309.M1 bahw th« prevloni
1
Qreat
On
given l>^low.
in
I
and 3 9-32c. for centrifugals, 96 deg. test. The sales to-day
were 60.000 bags centrifugals, 96 deg. test, at 3 9-82c. Futures
were tirmer at 3-26,rt3-30c. for December. ReQned have been
fairly active at lower prices, though at the close the market
was steady at a slight recovery from bottom prices. Crushed
is quoted at 5 <«53^c. and granulated at 4 1-16 («4J^c.
At the
tea sale on Wednesday the offerings were larger and prices
were easier.
Kentucky tobacco shows rather more life, and sales for the
week are 300 hhds., of which 200 hhds. for export. Seed leaf
has been in steady request at full prices, and sales for the week
$1
18»1.
our tnl«Krams
\,r
370.820 bales last
w»>ek, making the U>ln\ r.vreiptii Hincti the Int of S«(>t..
1801
1,791,893 bales, against l,7)4.a;9 bales for the name O"riod
/
INK), showing an inoreas* since Sept. 1, 1891, of 8S,fll4 t«alw.
:
February delivery
o.
6'a2
687
6'80
6-81
6 78
6-8 i
Coffee on the spot has been moderately active and stead v.
Rio is quoted at 12J^c. for No. 7. To-day's sales included
1,000 bags Rio No. 7, to arrive, at ll^c.
Mild grades are
closing active and decidedly higher, the sales to-day including 5,000 bags Maracaibo on the basis of ISJ^tflS^o. for good
Cucuta. Tue speculation in Kio options has been quiet, but
prices have advanced on reports of damage to the growing
Brazilian crop by excessive rains, which gave rise to a more
contideut feeling among traders generally. To-day, however,
a firm opening, on stronger European advices, was followed by
a decline, owing to rumors that advices from Rio were
weaker. The close was steady, with sellers as follows:
October
ll-65c. January
10-80c. April
10 8.'5oHovember
U-l'ie. February
lOSOc. May
10-85o
Octobw n.
re<!«MntH
ftffainst
:
.laaiiary delivery
p. M..
MovKjfRNT or Tns Crop, an lndic»t«d
QalTestoo...
1,144
«4,17»,
Hew
Orluuia
Sl,4M
Mok. A Peneta
MI7l
aaTaaQah
4,7*0
Se.SM
T,M9i *«.«M,
i&.*n
M.110
4,TM
18.067
j
IS.IST
....
Bninswlek
Charlutoo
...
.
.
WUnlDston..
'
i4.oeo' St.lOt
W»st
Point..
N'por'
Sw.tf
Nsw York
S,«SO
i7.fleo
4.S40
6,400
«.M6 11.716
14,444:
1.000
U.OM
1.104
!
U.tM
Boston
T.tlO
Ma4'
Total
1JT4 lOJM
MO
SM
'in.78«
11.001
M,tlt
r.MO
I01.4«t!
MOO
13.8V4
*m'
1.100'
g.TMjiwjOO,
4»0.tl0
t»ui.mo....iiM.oiol4]wio"iii5ntw.oio
14.0T0
1.004
IM41
T.IU
tl.Itl
UI.T40
trjmi
iMO.
i«.n»,
tun*
17«.44»
T10.0W
M.Nt'
•371'
»,0»t
1UA16
MMIt
1T.4
U.448
U.410
M.I41
8,Wt
BalUaora
Phllad*lp'a,a«
14.Mt
t.SM
Norfolk
U.tM
11S.0m| 41,MT
119,741
T4.71T
iii.8m oo.wo'
irtoio T.oiijo*
THE CHRONICLE.
610
In addition to above exports, our telegrams to-night also
us the following amounts of cotton on shipboard, not
We add similar figures for
cleared, at the ports named.
New York, which are prepared for our special use by Messrs,
Oarey, Yale & Lambert. 24 Beaver Street.
mve
On
Oct.
23 at—
Britain.
New Orleans...
Galveston
Savannah
Charleston ....
Mohiie
Hortolk
How York
Other ports
29.540
52.525
17,6U0
24,000
4,000
32,500
5,200
31,000
The Sales and Prices of Futures are shown by the
fi>llowing
comprehensive table:
>H
0*1300^
(:^*t3^5
CD 11
O)
2•lf^ an p,
^
DC
^T--^-o ^.- .
Coast-
4,878
4.200
1,900
None.
None.
1,200
None.
3!*,700
4,000
47,500
10.200
50,000
None.
9.000
None.
None.
36,499
742.437
210.762
348.8-24
113,U3 22.707 66.937 19.969 222.756
325.767
20.616
77.276
32.776
77,027
23.683
;-£0
P5'
w
O
0-'
H
.^00 —
«
00
DPLANDB.
WW
y
Ordinary
Strict Ordinary
Good Ordinary
Scnct Good Ordinary
I^owMiddline
Btrlct IjOw Middling
Middling
Good Middling
SulctGood Middling
Middling Fair
lb.
6lt«
7»i«
7»8
8
8>4
8%
mon Taes Wed Tb
5i5u
73,e
T<'.
8%
86„
8«9
8^8
9'i,
IS
913,,
GULF.
»(at.
O-dlnary
B'.ncl Ordinary
0>od Ordinary
Btrlct Good Ordinary
I.OW Middling
Strict Low Middling
Middling
:.
Good Middling
y
lb.
6>a
6 'a
81 „
811,8
8^8
.vriddllng...
0%
7=8
8»t8
7=9
716,8
8»,6
89ia
9'ie
9.'l8
i^«
8V
""'
Middling Fair
Fair
iS'"
"
1038
STAIN £0.
Sat.
Good Ordinary
Strict Good Ordinary...,
^Ib.
liOwMlddllog
Middling
3»ie
htm
73..
;;:;
6^8
6%
7'».,
87„
91am
fflon Tuei,
638
7^
7^6
8>«
8 '8
9
,
l>
714
8S.6
9
F*lr....:
516,f
65,e
9^8
lO'i
%\
6l"
i«
Z'i«
7^9
8 14
8 'IS
QDQp
01 to
tJI
2
^
QOODOGO
CIO
OLHt-OS"^
O
00
X'X>O0p
c;w_
CDO
«0
QC-00
WWCO"!
;
sP:
1
w
-."l
_
onop
occo
O'WtO
»"*
2
a,-.)
50
If*
to"*
port.
Saturday Dull at li«d«c
Mouilay. Dull at I,, dec.
Tuc»day.. Dnll
WcdMay
.
Thiiriid.iy
Riea<ly at
Jiiiji
Friday... Dull
TbtaL.
%
adv!
"
164
1.032
OOQOOOO
X00O03
03 01
to
'4ai
QDCO
15
w a
tOWO'*^
crooc®
cnco
cn
occp
^
CO to
IS
ill
.^
O
10 a>
w
QpCJp
5
ocoo
^
Wl-2
{»
(D U; 0;
"^
o
ooo»
^ O jj
-,V
OOWW^
WH"!-
ODCOOQO
QDODOOO
OOCO^OD
c^o^'-*tI^
tPcJi^cn
cnjj^o
«?'.
oboiCJ'
* to
ocoo
t^^to"'
&P:
:^
W X r1
-M
**
ap:
00 ai
1
ar
to
QOCDOOD
©o
a*-:
I
'J CC
ocQo
eOCDOOO
2
"^
&,":
QtOPOQO, OCQOOOO
o
s.^
I
ar:
I
xoocoo
ob*4
tow
I
2
CTlQ'
I
d.'^
^S
I
toe:
CDXOQR
o
QO'X ox
i^ 01 o ^
_
OCOt)
i
cccoooo
o
fti":
^
»
<
Oob
XQD
'00
c
opop
5
2
^1 ou
® -J
n-*-
-4
00 op
t£CD
U.00
COCK.
IS.®'
1
».-
CO
ccooto
u
*
COto
"^
&":
(XQDOOO
_0t Ui__Oi_ Otf^
o
wo
5
100
co^
tOfO'-tO
tcoo
o
«>
CDOOOOO
OOOOCD
bOto
CO
'^
5
2
o
-1
opop
ccco
I
CCCDOtO
00
5
2
».<»;
(DO-
CO
CDOO
COM
Prl
CDS
61s
2
tcco
fi'8
7^
a
I
O
5
ciio
:
I
10 10
a
ooco
'i
00
Wfjo
a
^^
SI
CO
o?
CO CO
O CD
CO
U CJ
10
)f*
C CO
CDCOSCD
CO
CDC
CD
I
CO
COr-
ceo
>
©
CO
93,6
10
1039
1039
Wed Tb.
5»,e
I
I
«'l6
7I16
8
I
CD
I
I
I
I
I
I
8
164
416
47
241
i'o"i
1,032
'^
»
I
«»
I
I
©©CCD
©CDOCO
ICOCOOLO ©
Frt.
I
«Ji«
71.6
»
COCCC*.0
S'ls
7''9
15 JO
cr. CT-
9'l6
1^"
Con- Spec- Tmn- „
rump, ut't'n sit. Total.
164
416
47
241
O
^
*P:
WtO
CCiXiO^
CON)
I
I
I
.-•
i
«
I
*
I
I
1:
I
I
•13
Sales 0/
Future!.
I
I
Includes sales iu September, 1891, for September, 10,600.
The following exchanges have been made during the week:
14
SALES OF SPOT AND TRANSIT.
Ei-
0000
I
17 pd. to excli. 1, '200 Dec. for .Tan.
'36 pd. to exfcU. 300 Nov. for ,(iiu.
CLOSED,
^
2
aoDooD
9'-i,
MARKET AND 8AL2S.
^', '^**""" "^ "'S ™°' and for future deliverv
Jk
,i'^*'''i''*^''^
each day during the week are indicated
in the foUowine
rtatement. For the convenience of the
reader we a so add
SPOT MARKET
O/OO
"CODW"^
*i*:
©
QD
OC'QDOQO
9»I«
8,ii,.
Quo
*^
Of
XX
osoi
ep;
1
oa
WW
15^
9^1 s
9IS1.
Si'"
8'9
rfk
to
9'i«
916,
8'l6
87,s
OCOOOOD
00^
QOOOOQO
f ;i
OOOOOOD
^ -j
10 cs
^
t*»0
I
ooot-oco
-j
QCQCOQO
';t tr.
C'O--
WtOlO'i
l-OCh-"*
I
si"
XQOCQO
I
QCCCOOO
9
81,6
8'is
tc
CD
(-0
OOD
1\
o
lU
®p:
I
9
9'u 18'"
10%
61,8
7iie
00 00
^
CflO'i
9
§l'l«
8^8
OOXOQO
to
CD 00
7%
5
WO
»-»
SV
Til.
9
X M '^
©»»:
I
0000000
8%
Wed
OCO
I
7»,i
7=s
8I4
CO
2
"IS
8
Id:
:
OOQO
•-jtO
g'.i«
8
Otf*>
^1
otu
ceoDCOo
Wrf^'^W
Fr
S'ls
«'!«
7^.«
6'.«
7*16
759
8
8I4
8',«
83t
9'8
lOVi
Rlon Tnea
S
6,a
^:
I
•iS-
&,^:
I
:
CD
®
WOOOQO
i<i
9
I
00 00
—
Sat.
o
2
^
ccto
QDfcO
«
&P^:
I
CI
(and in the Northern belt were of killing severity), but they
were for the moment quite ignored. Prices recovered on
Tuesday afternoon, on reduced receipts at interior towns and
reports that the Continent had begun buying freely at the
South. There was a buoyant opening on Wednesday in response to an excited Liverpool market, but part of the early
advance was lost under sales to realize. On Tliursday an
early decline was quickly recovered, and finally a further advance was made, on reports of buying for the '• long" account
by parties outside of the regular trade. To-day the market
was very unsettled, an early advance being followed by a
sharp decline, which was jjartially recovered when it was
seen that the interior receipts fell below estimates. Cotton on
the spot declined l-16c. on Saturday and Monday and recovered i^c. on Wednesday. The market to-day" was dull at
8 7-16c. for middling uplands.
The total sales for forward delivery for the week are 883, tOO
bales. For immediate delivery the total sales foot up this week
for" export, 1,032 for consumption.
1,033 bales, including
for speculation, and
in transit. Of the above
bales
were to arrive. The following are the official quotations for
each day of the past week— October 17 to October 23.
——
000
0.1
MO
&.^:
pi.''*
00 00
a
HOi
A
^COCO
cS-ig.
tDCh
I
tJM®tO
pa
J
too
aocccoo
a
I
^
I
I
s^
a>
to
to
8-29c., a fall of 82 points in ten days.
January sold at
SSg-s
Bo
o
Here the decline was checked, and the day closed at a partial
recovery. The market on Tuesday opened at a pretty smart
advance. The bears were disappointed with the partial steadiness of the Liverpool market, and became buyers to cover conThe port receipts
tracts; but the early advance was soon lost.
were excessive, and private letters from some portions of the
South said the recent fine weather had caused some increase of crop estimates. Frost accounts were numerou?
Oood
^1^
•
10
The speculation in cotton for future delivery at this market
opened the week vmder review with a sharp decline in prices,
-which appeared to be caused wholly by the exceptionally large
movement of the crop and the rapid accumulation of stocks at
the ports and interior towns. The downward tendency of values
continued until near the close of Monday's business, when con-
Strict
onj WO
pi
sro
00
^
occo
I
I
—
X.
e i
2:
184,4-20
332,548
76.216
tracts for
^
'^
n A
^«
190.523
71,985
138.117
83,089
20,679
17,195
72.225
69,823
39,!00
638
5.564
12,800
13,800
None.
6,t00
3.800
19,000
6,856
4,500
None.
"EC r^
Slock.
Total.
wise,
15,2.52
2C.,7S)5
39,351
.
c-jjon;
i--iS5&-
or'
Leaving
Total 1891... 196,365
Total 1800.
Total 1889.
H
5
ctajS"
Shipboard, not cleared—fof
Other
France. Foreign
Qreat
[Vol. LIH.
18
'63
'29
pd.
pd.
pd.
pd.
pd.
to
to
to
to
to
exch.
exch.
exch.
exch.
exch.
700 Jim.
for Fet).
'JOO IMcli. for Apr.
400 Dec. for .Ian.
900 Nov. for Mch.
200 Jan. tor Mch.
•18 pd.
•15 pd.
'14.pd.
•16 pd.
35 pd.
to exch. 1,000 Nov. tor Dec"
to exch. 200 Jan. for Feb.
to exch. 300 Feb. for .Mch,
to exch. 100 Jan. for Feb.
to exch. 200 Nov. for Jan.
.30 pd. to exch, 800 Jan. for Mch.
The Visible Supply op Cotton to-night, as made up bv cable
and telegraph, is as follows. The Continental stocks, as well as
those for Great Britain and the afloat are this week's returns,
and consequently all the European figures are brought down
to Thursday evening.
But to make the totals the complete
agures for to-night (Oct, 23), we add the item of exports from
883.1C0 the United States, including in
it the exports of Friday only.
83.800
ISl.-iOO
147,700
187,600
152.100
127,400
OOTOBEB
THE CHRONICLE.
24. 18»l.]
1H91.
Stock at Urerpnol
balei.
Siook al Luiiiluu
Total Oroat Britain stock.
Stock at Itiiiiilmrg
Btook 111 Brwimii..
fitorkut Aiiiironluru
Btook at ItottcrdiiiB
Stix-i. i, A,,
rp
I'.'.OOO
•2i),O00
633.000
4,300
01,000
17,000
.512.000
•i..1IIO
13,000
2.000
27.300
4.000
S.iDO
300
300
3f)0
O.oiiO
3U0
5.000
20,000
3.000
3.000
3.000
10.000
9,000
5.000
309.000
ISO.SOO
l.TI.OOO
8t.>
Bti.
StOv:.
623.000
1R90.
,M 3.000
lO.OOO
Ilea
,.oUii
..;
2.^,000
,5,000
Stock at C* .jx
Stock at r.llsC?
Total Contlaeatal Stocks
Total European stocks.. ..
Inillacotlon afloat for Kiirope.
Aiucr. oott'uutloatfor bliiroiie.
014.600
30.000
4U0.OO0
.•12.000
Efrpt,Br.izll.i\:r.,atIr,rorE'r^pe
Stock lu Uulti'<l States ports .. 1,074,!)-<.1
BMck In I'. S. IntBriiir towns.. 310.803
34,142
Uultcd States exoorts to-day.
Of
1
4'i:i.000
IHHH
253,000
H.OOO
h.OOl)
.000
2M1.0()u
L.'iOO
2.()i>0
1
1
1
72'».'fO0
33.000
3r)S.000
62.000
559,588
19 4.907
30,023
1 1
;;ii.ooo
2;».iM>n
bales.
AiiiiTiciii
aBoatfor Europe...
400.000
180.000
400.000
Uiiu.il st.itesstock
1,074,985
Uulteil States luterlorstiicks..
310.803
United States exports to-day.
Total American
Matt t>ulia)t, Brazil, lic.—
34,142
163.000
12.000
129.000
30.000
3.',000
ludia afloat Tor Europe
Egypt, Brazil, &c.,anoat.
East India, &o
Total Auiorlcan
7.^^.000
5,")S.OOO
559,580
191.907
36,023
.
207.000
29.000
11 1.400
33.000
52,000
9l»IVHst<>n...
8
,
3!^•^.2 »o
Phlludelplila
23.000
34J.OOO
MeuiplilK
2.2,000
AuKUstu
St.
Uiiim
..
7 'a
Shi
8i|«
8's
8^
8\
7\
8^
Baltiiiiorn...
597,100
41.000
474.000
80.000
54^.543
17S,013
33,970
8
7-s
8 'a
.
..
...
571.054
Clii(;lnnati
210.3.i7
8^4
8>a
Louisville.
8:"*
•
252.000
92.000
474.000
54S.543
17S.013
33,970
152,000
00,oou
345.000
171.000
1 H.OOO
104.100
41.000
30.000
101,000
s.ooo
6S.JO0
23.000
22.000
Atlanta
75«
75h
7'a
7 'a
as compared with 1888.
the receipts
for the week, and since September 1, the shipments for the
week and the stocks to-night, and the same items for the
corresponding period of 1890— is set out in detail in the
following statement.
7*
H
Si.,
8'i
2°»
7»»
7^
8
H
8
8
Rkceipts
7'a
8
8'«
8^
2*
87,
8\
7H
7"|«
H'l,
H«t
8>a
Si!«
8%
8%
8:Vl
8%
other important
Little Rock....
8
MontKoinery . . 7%*'^
Newberry....
NaKlivlUe
Selma
KiileiKli
7'g
7',
Matcbez
Shreveport
From thb PLAXTATioyg.—The
7H
7%
..
following ubl«
Indicates the actual movement each week from tht' plantation*.
The figures do not include overland riH;eipU nor Southern
eonsumptiou; they are simply a stiitemcnt of the weekly
movement from the plantations of that part of the crop which
anally reaches the market through the outports.
Week
Enttng—
Reeeipf at tiM Portt.
lSii9.
375.600 492.800 364.100 222.200
2.519.990 1,069,576 1,538,332 1.344,381
7\
T\
olosinff quotations to-day (Friday) at
Southern tnarlcets were as follows:
Columbus, Oa.
Columbus, Miss
Bufaula
|'«
7'*n
The
571.0".4
210.357
5,370
7,1*
74i'
7^1
8'^
Shi
8»8
5,370
iX.
8
'"»
7 'a
H
oonos «M—
Thun.
::»!.
'\
7M
7 'a
>Mrrnik
BoHton
I
7'*
«>it
7.1„
71»,.
»
.
>0
Wtdtuu.
8
OrlMuni
Mohlln ..
.'>.00()
118.2
Total visible supply...
2,895,590 2,102,370 1,902.032 1,566.581
Price Mid. Upl., Liverpool
4^d.
5Hi»d.
5!Hd.
5'sd.
Price Mid. Upl., New \ork.
lOfisO.
lOijo.
8'itO.
9i»,oc
imports
into Contineatal ports this weeii have been
t^" The
13.000 bales.
The above figures indicate an increase in the cotton in sight
to-night of 733,'il4 bales as compared with the same date
of 1S90, an increase of 992,958 bales as compared with the
oorresponding date of 1899 and an tTicreowe of 1,339,009 baJes
Sept. 18..
1890.
1889.
1.
138.348 171.703 liil.Oejl 31.195
191,833 811.522 218.S86 46,83«
25.
Oct. e...
"
9...
"
W..
Tmmt.
at Interior
St'lt
1891.
Rrc'pti from
1891.
I
1889.
PlaaCM.
1890.
I
18»1.
I
40,396i 85.160 141.937 183.603 i;;.e8s
83.353 108.211 207.601 234.«;» 239337
2ir>.371 2-16,»38'230,!)«8 87.712 87,879
273.609 2»rt.ll0 299,381 124.515' l(y7,828
301.501 31 1.313:373.8io!lD0.925U8.«T2
320.578 3 13.4 5l'380.121 1 78.UullB4.987
142,246 284.250 271,484'2(B.aM
191,133 310.4l2'310.165|M&m
2S8.tt1 S3«38l|35«,0«0 1423U
n.J.8«8 841.086 3.->9.7l«l432 8t7
The above statement shows: 1.—That the
total receipts from
1, 1891, are 2.047.827 bale»: in
1890 were 1,934,676 bales; in 1889 were 1,780,315 bales.
2.— That, although the receipts at the outports the past week
were 380,121 bales, the actual movement from plantations was
43'2,857 bales, the balance going to increase the st<Kks
at
the interior towns. L.ast year the receipts from the plantations
for the same week were 359,710 bales and for 1839 they were
341, 66« bales.
the plantations since September
Overland Movement for the Week and since Sept. 1.—
below a statement showing the overland movement
tor the week and since September 1. As the returns reach us
We gite
by telegraph
£^r:32i
c
*1 .T*
O''
O?
I
Tae$.
I
Mew
*•
\t
Van.
.'^.l«tO
136.1U0
AT THE Interior Towns the movement—that is
~~
Satur.
7"i.
2,519,990 1,009,576 1,538,532 1,341,331
Xilverpool stock
tflnilon stock
Continental stocks
T'>tal
210.000
obosiRo QOOTATioN* ru« Mioouiia
indltm
Oeluber 23.
2.00C
7.000
5.000
A »rtcri(*«Jfc
Conliimiihilstooks
'm*
.~il>0
T.'.OOO
Total visible supply
2,89^,500 2,163,376 1,902.032 1,500.591
thervliove. tlietotalsofAmerloauandother descriptions areas rollows:
tlvcrpnol stock
flHlow wii Kivn c.liwinK (luotiitionn of ini<I(llln.
OOttoa iit.Soutbern and uthur principal ooiton inarkuta for mrh day at (ha
WMkt
4.0(HI
7S,(>00
4.01)0
611
QOOTATION8 rOR MlOUUNO OOTTOIf AT OTHKR MaMCKTM.—
late
Friday night
it
impossible to enter so
is
largely into detail as in our regular mokithly report, but all
the principal matters of interest are given.
This weekly
publication is of course supplementary to the more extended
monthly statements. The results for the week ending Oct. 28
and since Sept. 1 in the last two years are as follows:
1891.
•ft>»ctout^-^i:o:;(
|3
Iti
October 23,
Week.
1890.
Sinee
Sept.
'
1.
I
_
"^w*.
Sinee
,
Sejil.
1.
Slitpped—
iP
(Ow — M XIO-- M
03O 10 * M *->-• — 10 r- M
M M — COW— VV/.ux'0*-i^c'/— loi-c a'iKOioatcx
ViaSt
)K*^iXCC«*1
0't0'-D'vJ3JC;CiO*-it*Ci<IK;*J'^'XJD0iy»N)MO?0W0i*k0SO-)<0Q0
_
" fcO
to
W M W — ;0 yt » *.
tJ«
ti
OJD cw-o*Jx»-tob;tCh-^MXodsiox'^'i^awtn^o--ioo W —
Ojt.OCOi^tOtOOCH*-iOOOW'^<ICXXCJ» — &C^»X'»OOJO*'IMC
mVc'-^ix-
®^C30X3DX*.3^;
cs(—;
'-**—
24.737
18,827
12,217
Total (rross overland
CC)tf*-Oi»--'i;/''<)xtotcto<^cjrcc<x:stocoA<^if^oixotxxu«x
oo*>*— GO
Tx)uls
Via Cairo
Via Hannibal
Via Kvansville
Via Ix)ul.svllle
Via Cincinnati
Via other routes, &e
Deduct itKipmrnts —
Overland to N. Y., Boston, *o.
is
to'x"^ io^^^ioio«^oixlo*-tOht«
Between interior towns
Ac, from South
Inland,
CSlOCRMXOlOX'XWiSOlOCiWOWW
Total to be deducted
if
lis
I
ICCX<).C3tO^O.-
818,
302
909
23.729
20,5 SSi
3,599
4,345
13,366
15,441
31,116
8,.565
31,514
79,148
225,342
43,550
1S0,2S2
2.979
3.515
3,839
16.«03.
9.912:
23,396
2.220
2,236
2,174
8.494
9.954
17,533
10.332
50,110
6,730
175,220
36.820
Including movement by
'
c&ccto
SbJ-^*!,!'
.
-
— —
—
"-MJ
*-!
35.981
1
14.271
rail to
189a
1891.
a)ut Spinntr^
lakiitgs.
f— — Jl»'>T"»rfJ'*.W«
— — ^— -v«-»,V**i*"**-^'«i'
_._
,^-(.^
—
X p'*-i:Sit-:Dci'-coo<it»*ic®w-'Ocss;'tOJ«N<-i«,
-5 O OJ W OS ^ <1 to X
X O ^ I- O » » 10 ** ® X ^ wi *
w»-w*p—-.«*irf,
_
-^ QC «i
38,9a<
35,182
14,79«
707
Lwtvlnstotal netoverland*..! 68,816'
In Sight
to
13.677
9,83U
3,223
9,042
5,903
7,055
o
M
Ct
31,.'543
Canada,
The foregoing shows th.at the week's net overland movement
this year has been 6s,816 bales, against 86,820 bales for the sane
week in 1890, and that for the season to date the aggregnte net
overland exhibits an increase over a year ago of 6U,9oJ balea.
*
lit
w
72,747
44,771
ir«*.
'
Sinte
Sept.
1.
ir«e*.
Slmf
Stft, 1.
I
ifi-
Receipts at ports (o Oct. 23
380.12 1,792.893 313.451 I.73«.S7«
d^.HlC,
Nat overland to Oct. 23
175.2 « 36,820; 114^71
Southern consumption to Oct. 23. 13,000
90.000 12.000,
87,0UU
i
i
Total marketed
iBterlor stocks In excess....
*
t
Louisville Heurcs " not " in both years.
This year's ttj^urcs estlui.ited.
The above totals Ahow that the interior stocks have inertias I
during the week ry2, 730 bales, and are to-night ll.'i,89.( bile^
more than at the same period lajtyear. The receipts at all the
towns have been .'>'i,.583 bales more than the same we-'k last
year, and since Sept. 1 they are 330,513 bales 7?ior« than for the
'Same time in 1890.
461.037 2.004.119 302.271
92.730 254,934 40.295
l,9.5A..5SO
180,397
Caioe Into slirbt during week., 514,673
408.506
Total In slKht Oct. 23
2,319.0.53
2.I.'W.947
Worth'n spinners tak'gs to Oct. 23i
^.
355,189
be seen by the above that there
„
come
324.6SS
__
__
into sight
during the week 514,673 bales, ag.iinst 408,'i6C bile-t for the
>tiat
in sight
same week of 1890, and that the inorc.i^e in n n
to-night as compared with last year is 183,106 bales.
It will
htii
THE CHRONICLE.
612
to us by
telegraph this evening indicate that the temperature has been
lower as a rule during the week, with frost at a number of
points and in some cases killirg frost. Otherwise the weather
has been favorable, and the gattering and marketing of the
Weather Reports by Telegraph.— Reports
crop has progressed rapidly.
Galveston, Texas.— It has rained lightly on one day of the
week, the rainfall reaching ten hundredths of an inch. The
thermometer has averaged 70, the highest being 79 and the
lowest 60.
Mobile,
[Vol. LIII.
.<4ta6oTOa.— Killing frost
was
generally
reported
throughout the interior on Tuesday. Picking is active and
nearing completion in many sections. The weather has been
clear all the week. The thermometer has averaged 63, the
highest being 79 and the lowest 43.
Montgomery, Alabama. There has been no rain all the
week, and none hardly during this present unprecedenttdly
favorable picking season. We have had light frost on each of
the past three nights. The water courses are low and rain is
needed. The thermometer has averaged 60, ranging from 40
to 79.
Palestine, Texas.—The weather has been dry all the week
Selma, Alabama.— It has been clear all the week.
The
and picking has progressed finely. The thermometer has
thermometer has ranged from 38 to 80, averaging .59.
averagid 63, ranging from 44 to 82.
Aubutn, ^/(ihama.-No telegram received.
Huntsville, Texas.— There has been no rain all the week,
Madison, Florida. Telegram not received.
Columbus, Georgia. Tliere has been no rain during the
and the work of gathering the crop has been actively prosecuted. The thermometer has ranged from 40 to 80, averag- week. The thermometer has averaged 61, ranging from 42
—
ing
to 75.
60.
Dallas,
Texas.
—Picking
is
progressing actively, no rain
having fallen during the week. Average thermometer 64,
highest 86 and lowest 43.
Luling, Texas. Dry weather has prevailed all the week and
picking is going on rapidly. The thermometer has averaged 69, the highest being 96 and the lowest 42.
San Antonio, Texas. There has been rain on one day during the week, the precipitation being nineteen hundredths of
an inch. The thermom eter has averaged 67, ranging from 46
—
—
to 88.
—
—
—
Savannah, Georgia. Dry weather has prevailed all the
week. The thermometer has ranged from 4.5 to 78, averaging 60.
Augu.tta. Georgia. The weather has been clear and pleasant with light rain on one day of the week, the rainfall reaching four-hundredths of an inch. There have been several light
frosts.
Cotton is coming in freely. Avernge thermometer
56, highest 73 and lowest 37.
Charleston, South Carolina. We have had no rain during
the week. The thermometer has averaged 61, the highest
being 74 and the lowest 46.
Stateburg, South Carolina. — There has been light rain on
one night, the precipitation reaching thr€e hundredths of an
inch.
Light frosts occurred on low grounds Sunday, Tuesday
and Wednesday. The thermometer has averaged 546, ranging from 43-5 to 05-3.
H'itson, Aorth Carolina.
There has been light frost, but no
damage to cotton. We have had rain on two days of the
week, the rainfall reaching twenty-four hundredths of an
inch. The thermometer has ranged from 43 to 64, averaging
—
—
Columbia, Texas. Picking is active. We have had no rain
the week. The thermometer has ranged from 43 to 83,
averaging 63.
Cuero, Texas. Dry weather has prevailed all the week and
picking has made e-xcellent progress. Average thermometer
66, highest 84 and lowest 48.
54.
Brenham, Texas. We have had dry weather all the week
The following statement we have also received by telegraph,
and picking is active. The thermometer has averaged 63, the showing the height of the rivers at the points named at 3
o'clock October 32, 1891. and October 2*, 1890.
highest being 82 and the lowest 44.
Belton, Texas. There has been no rain all the week and
Oct. 28, 91.
on. 23, '90.
picking is active. The thermometer has averaged 63, rangFeel.
Feet.
2-9
low-water
5-2
New
Orleans
Above
mark.
ing from 38 to 83.
2-0
Memphis
Above low-water mark.
8-9
Weatherford, Te.vns.~The weather has been favorable, and Nashville
Above low-water luark.
5-8
01
1-5
low-water
6-8
Shreveport
Above
mark.
picking has progressed finely. The thermometer has ranged
Above low- water mark.
Vloksbursr
21
H-8
from 42 to 84, averaging 68.
India Cotton Movbmbnt from all Ports. The receipt*
New Orleans, Louisiana. —There has been no rain all the
and shipments of cotton at Bombay have been as follows fo'
week. Average thermometer 6.5.
the week and year, bringing the figures down to October 23.
Shreveport, Louisiana. -We have had excellent harvest
BOHBAT RECEIPTS AND SHIPMENTS FOR FOUR YEARS.
weather the past week. Rainfall eighteen hundredths of an
ShipTneyits this Keek,
Shipments since Sept. 1.
Receipts,
inch, on one day. The thermometer has averaged 63, the high
Tear Great ContiGreat
Th is
ContiSince
est being 82 and the lowest 38.
Total. Britain
Total.
Brit'n. nent.
nent.
Week. Sept. 1.
Columbus, Mississippi.— The picking season has been ex1891 1,000 6,000 7,000
28.000 17.000
2.000 26.000
57,000
ceptlomiUy good and but little cotton is left in the fields. 1890
l.'i.OOO 6.000
2.000; 2.000
3.000 12.000
31,000
3,0(10 5,000 10,000 20,000
1889
2,000
2l),000
SO.OOOi
7.000
There has beeen no rain during the week. The thermometer has 1888 1,000
3,000| •J.OOO
6,000 24,000
30.0001 3.000
22.000
averaged 63, ranging from 4.5 to 80.
According to the foregoing Bombay appears to show
Leland, Mississippi.— Telegmm not received.
an increase compared with last year in the week's receipts of
all
—
—
—
—
•
—
Clarksdale, Mississippi.— Three killing frosts, the temperature 32, being followed by dry, clear weather, have
been a
benefit instead of damage to cotton. The crop is
fully halfhoused, and will be short. There have been only two
showers
since picking began.
Meridian, Mississippi.-Cotton picking is about
completed
very little being left to gather.
Little Rock, Arkansas.— There has been
but a trace of rain
the past week. The weather continues dry and
cool and cotton 18 moving freely, yet not as much so as
11,000 bales and an increase in the shipments of 5,000 bales, and
the shipments since Sept. 1 sliow an increase of 13,000 bales.
The movement at Calcutta, Madras, and other India ports for
the last reported week and since the 1st of September, for two
years, has been as follows.
"Other ports" cover Ceylon,
Tuticorin, Kurrachee and Coconada.
Shipments for the week.
'
in prices.
The thermometer has averaged
ing 81 and the lowest 39.
Helena, Arkansas.- Cotton
before the decline
59, the highest be
is
to 78
Memphis, Tennessee—This week's receipts
are the' largest
on record. There lias been light rain
on one day of the wfek
to -he extent of ten hundredths
of an inch.
Picking h mil'
inggoo.1 progress and marketing
is unprecedented
KilhnJ
fro8t th.s morning general
throughout the Memphis
'"" ''"""
t^LZrT"'
41 to 77, averaging
Continent.
Britain.
Shipments since Sept,
Great
Britain.
Total.
Calcutta—
1891
1890
The thermometer has
ranged
""seu
^ashnlle, Tennessee.-There has
been rain on one dav
of
tte week the precipitatiou reaching
twenty-nine hundredth
Of an mch. Average thermometer
54. highest 76. lewes
36
Continent,
X.
Total.
1,000
1,000
1,000
1,000
2,000
2,000
3,000
3,000
Madras
1890
1,000
1,000
8,000
11,000
5,000
7,000
13,000
18,000
1,000
2,000
1,000
2,000
14.000
21,000
7,000
9,000
21,000
30,000
2,000
3,000
23,000
33,000
14,000
18,000
37,000
31,000
All others-
1891
1890
Total all1891...
1890...
1,000
3,000
1,000
I
The above totals for the week show that the movement from
the ports other than Bombay is 1,000 bales less than the same
week last year. For the whole of India, therefore, the total
shipments since September 1, 1891, and for the corresponding
periods of the two previous years, are as follows:
EXPORTS TO EUROPE FKO.U ALL INDIA.
district
.59.
]
|
1891
being rapidly picked
and
marketed. Receipts are nearly double those
of last year but
till the crop will be short. The weather
has been fine durinthe week, there having been but thirteen
hundredths of an
inch of rainfall, on one day. Heavy
frost this morning
The
thermometer has averaged .56-7. ranging from
38
from
Great
1891.
Shipments
Europe
to all
frotn
—
Boml>ay
All other ports.
Total
This
Since
istek.
Sept. 1.
I
1S89.
1890.
This
week.
Since
Sept. 1.
This
week.
Sine*
Sept. 1.
7,0001
2,000,
28.000
37,000
2,000
3,000
15,000
51.000
5,000
4.000
30,000
60,000
9.000'
65.000
5,000
66,000
9.000!
90,000
OcTOnBR
THE CHRONICLE
24, 1891.1
—
Alexandria Receipts and iSiiipue^ts. ^Tbrouich arrannrements we Imve made with Messra. Davies, Benachi & Co., of
Liverpool aad Alexandria, we now receive a weekly cal)l'e' of
the movements of cotton at Alexandria, Egypt. The following
are the receipts and shipuientti for the past week and for the
correspondinfi; week of the previous two years.
Octobtr 22.
1801.
1890.
220,000
819,000
225.000
UTI.OOO
SiuooSept. 1.
•
TM3
Since
week. Sept.
2.50.000
712.000
This
Sinee
week. Sept. 1.
I.
Thit
Sinee
week. Sept. 1.
Exiwrta (hales)—
ToCoutiucut
14,000
a.ooo
51.000 13,000
r.i,ooo
5,000
59.000 12.000
19.000 4,000
17,000
63,000 18,000
78,0Oo! 16.000
48.000
11,000
1
Total Biirope
59 000
Acantarls 98 poui da.
This statement shows that the receipts for the week ending
Oct. 39 were 330,000 cantars and the shipments to all EuroDe
*^
17,000 bales.
Manchestkb Market.— Our report received by cable to-ni(»h t
from Manchester states that the market is quiet for both yarns
and shirtings. Spinners are considered to hold small stocks
We
of coiton.
give the prices for to-day below, and leave
those t>'i orevious weeks of this and last vear for compinson:
1891.
32* Oop.
d.
»7%
IH90
Oolt'n
814 Ihs.
Shirtings.
Twist.
d.
Cabolina.
I8MHG..O.)
18W(go<Kj)
^lHHII(fair).
SorTBCAROLMA.
1891
iHiio(fan');'!;!""
1889vgiH.d),
l88>((g.,od),
To Liverpool
" 237'9
0«t. 2 7>8
" 9 73?
" leva's
" 23 7%
aa follows;
l88l»(g..o<«)
week
8'p 18 71s
averaKM are
18»1
l^MO(rull)
1889.
BeoelptB (cnntars*)
*
rainfall
RMnfall Avtraasi.
(•'RTB
AlexanitHa, Eaypl,
Tills
The
613
d.
Uptds
Twist.
d.
8.
1
9
a>7
1
<»7^
aT's
9
IT'S
9
tl l"*
»7 2
«7
8H
478
C'liirn
ifid.
tbs.
Shirtings.
d.
d.
Uptds
d
8.
4iaa7
4J«97
4>9*7
838 »8»8
8=% »8»8
8'',«i»8"i
4%
1»»1
189o(fall)..
1889 (.«|.M|).
1»I8 (gixid),
1887 (good).
l8CIB(Talr).
fLUKIIlA.
1891
I8uu(ruii)..
1889(g.«Kl).
1881 (g .od).
1887 (good),
1880 (fair).
ALABAMA.
1891
Ill
(full)..
188M (K od)
1888 (guud).
1887 (good).
18SB (fa r)
LUCISIANA.
1891..
..
lH90(fnll)..
1889
.od)
1888 (good).
U
1887 (go. Id).
188« (fair)
5i»i,
MISHI88IPPI.
55i
4'««7
bniHOIA.
5i»„
5\
44*7
4ia,^ 3'i««8H.
413, 87,g«8'l,8
4.\
»7 mi
9
d.
A.
9'«a7
91a
md.
32» Cop.
1887 (good).
1886 (f Ir).
5V
I
5"ie
AyBRAQB OF Temperatuhe AND RaNPALL.—A9 of Interest
in cona>'Ction with our monthly we .th^r record, we hive
prepared tie subjoined tables, whicu show tie State averai^es
of rainfall and thermometer in Jure, July, August and September fur six years, 1886 to 1891 inclusive. The thermometer
averages are given first
1891
1890
(fail).
188H (liood),
1888 (good)
1887 good).
1888 (f*lr)
ARKANSAS.
1891
189.1 (full)
1889 (go,)d
1888 S„.d:.
1887 (good),
1886 (fair)
TKNNE8SBB.
1801.
..
189 (ful»
1889(g,.ud).
1888 (good),
1887 (good),
.
JiUy,
August.
Sentember.
1 hermoTneter
Averages.
1888 (far)
TBI 4 8.
N.CAa'LINA
1891
IstWCfulli..
1889
(.<oo<l)
188.1
(lt>...<l)
1887 (good)
188d (fair).
B. CAR'LI.V.i
1891
57-
93-1
97-2
B2»
91-7! 50-5
93-31 55-0
9til
91-9
85-8
97-3
95-i
1889(K..o<l
1888 (go -a) 9<-8
1887 (gijodi 100-6
1890
1888
73
78
80-3
94-2
srs
92-11
«r2 78
9rt-4
S8-8
6;-i
65-5
810
77-1
57-4
5? 9
75-.1
100-1
57-3
7S-9
93 5
62-
8! -2
90-7
53-1
es-a
94-9
9t-«
75 5 95-3
78a 98.7
78-8 102-8
79-9
92-u
B6-5
85-
80-2
an-
Hri-'
654
(full)..
(fair'.
74-8
78-3
48-a
611-4
7S-H
HO-4
74
'6-8
21
77-3'
78-71
61« 783
d«S 71.-2
6<'9
78-«l
660
80-2i
64-7
79
64-f
re-,
7S-4
80-0
80-7
9i-4
90-9
8U-3
97-4
92-1
92-4
586
93-4
92-1
89-5
96-r
94-9
91-6
78-0
89-0
5fl-8
74
8-1-1
5i!-4
80-0
58-U
50-0
61-9
74-4
8rt-2
7!
74
17-
44-2
38-5
92-1
41-:i
7B'
83-9
83-3
81-4
78-S
7«-8
89-5
ei-ii
5.1.3
63-S
«4-V
57-2
64-0
76-
80-4
77-5
77-6
89-3
H7-*
93-8
87-0
93-0
92-4
81-2
62-5
78-8
77-9
90-2
Ml-O
91
97-3
9j-3
>v4-0
71-1.
Hl-i,
7e-'>
89
98-
63-1
00-4
64-e
78-9
78-1
92-0
80-4
763
94-9
693
80-9
89-;
77-9
8' 1-0
81-6
«6'4
ao-
71-6
71-1
69-3
5S-8
19-
oil
4ft-.'.
43-0
610
118-7
88-2
73-4
73-8
73-0
73-4
72-4
71-9
75-U
OBoaoiA.
1S»1
18W) (full)..
1889 (iii«i<l)
ISV* iKood)
1887 (good)
188»(falr)
475
"15
9J!-.'i
112
75-8
78-4
78-5
7B-d
93-0
M7"^
9«-2
97-4
101-2
93-3
90-8
99-^
99-2
64-1
95-e
9t-n
92-4
e«-o
66-8
55-a
79-B
80-7
93-0
77-1
9»-
62~<i
79-K
91-0
95-"
77-11
911-4
9U-.
64-8
67-3
80-4
9i-9
80-5
79-6
BS-0
95-9
96-5
96-
8-i-6
8--:;
8- 1-3
63-1
80-4
70-B
6J-4
50-7
51-7
51-8
74-5
74
.i
48'
711-8
l'5-2
4.1-
7. -5
73-1
Florida.
18»1
1890 (foil)
1889
od.
18»-> (good)
1887 (good
18SB (fairi
>
SC-6
^0
79
90-3
91 3
81-8
02-7
811-0
9-4-
80-
91-9
70-3
612 77 8
02-0
90-2
63-91 7«-9
948
51.',
753
«4-8
62-4
81
47-2
1
9-2-8
6-i-
6--
HO-I-l
«l-3
91-3
KM70-v
80-0
pO-2
939
94-5
65-9
"8-7
69-6
67-6
835
ItiVO
;i4-6
1)7-0
78-9!
8U-4|
6i-»
80«
89-4
81-3
89-H
92-1
92-8
80-7]
93-
79-2
95-7
83-8
64-5
70-2
6R-S
70-8
69-0
80-8
81
81-9
81-7
06-3
82-4
96-1
987
77-7
Sl-1
78-H
91-7
94-7
92-2
9:f-o
70-:
78-1
605 K-i
5.-.
5 -9
76-4
7.-*
79-S
54-8
53-5
75-0
AI.ABAMA.
18H
87-.'
18911 (full)..
M4 7
1889
isas
1887
18SB
(good)
(good)
91-9
(good
9rt-4
62-3
•^25
50-S
B7-4
61-7
94-3
641
77-*
97-0
83-8
81-0
9.)-l
«a-
79-91
9-^-9
94-.
7.1-0
78-21
80-2!
80-4|
J
ffair)
91
6
7.1-8
77-4i
'.8-6
972 eon
023 6«-0
95-2
97-8
95-n
97-1
9S-.
52-5
Bi-H
B«-9
70
ISvll
18911 (foil)..
971
62-4
80-0
97-'
62-7
188H (g odj
1888 (good)
90-7
4HU
794
Uii
5o-.S
1887 (good,
1886 (lair).
95>
7^6
94-5
i-r?
93-0
96-3
57-9
«3-0
77 4
9«-.S
76-S
96-7
9"-l
9ro
94-2
^p" The words "bad," "good" and "fair" tollowlng ttio year* given
above mean niiuply tuat Chu aggregate otop (or the year muund wtm bad
KO.i.l
or fair.
Jute Butts, Baooiko, &c.— There has been no special
feature in the market for bagging the pist. week.
The
demand has been only moderate, the wants of Sjuthern buyers
having been pretty well satisfied.
are reported, the m3,rket closing at
78-0
7S-H
B8-9, 80-6
7&-il
96-0
5
00 -a
Sib
71-9
7. -2
78-8
75-8
76-7
I
-U
8-.1-5
h5
1
05-7
.«-v
95-3
54-0
63-3
84-7
78-6
79-8
80-7
91-0 66-1
02-2 48-3
81-
80-
92-8
70-8
83-2
83-2
94-..
91-1
61-.
I
78 4
6J.1
74-11
5»-«!
78 9
1
91-8
59 8 78-7
53-0
58-9
77-0
78-1
»4-8
50-8
91-''
5. -4
76-1
916 513
965
0-5
85-
790
98-2
97-1
80-7
62-6
78-3
79-S
87(1
1449
•2-5
quality.
Thb hiXPORTS or OoTTOS from New York thii week show an
compared witn
bales, aifaiast
V»-b
73-3
«5-7
60-2
63-4
8II-I
S0-|.
81-0
9R-7
96-7
91-h
919
9.
94 7
«S0
607
49-7
64-s
68-0
BU-8
78-1
79-1
7i-7
76-2
7D-9
75-9
91-8
9u'
95-S
9«-9
liiO-3
96-7
6S-4
81-7
82-8
84-3
66-1
82-8
total reitchin,< 36,31
Below we giy out
usual cable, showing the exports of cotton from New York,
and the direction, for each of the last four weeks; also the
total exports and dirnotion since Sept. 1, 1891, and in the Uu t
uolumn the total for the same period of the previous year.
XPOBTSOr OOTTOK (B^LBS) rSOM ICBW TOBC BIROB SBPT. 1, 18* 1.
M-S
69-0
74-5
73-»
93-8
88-5
90-0
62-8
70 8
49-
71-3
BJ'S
"7'3
73-9
71-9
7S-6
01-8
60-0
6U-0
7''-9
ftr.i
77-3
78-7
79-0
7»-9
91-0
75-8
9J-3
97-0
98-9
99-5
6-2-9
59-4
«o-»
1-2
4148-7
560
9V3
Hl-i.
7
74-9
70-1
96-3
19-'
97-0
•4-8
ln91
»3-K
189lJ(fulI),.
965
94 7
60-7
63-8
47-3
48-«
97-:
55 4
89-8
78 6
80-8
782
76-n
75-0
o»'3
73»i
1891
1890 (foil)..
98!
82-9
96-1
W89 good.
60-ft
91 4
6o-2
81-9
80-2
7«-0
70-5
TlXAS.
1888 (good) 9.i-S na-5
1887 (good); 01-5 6.13
18S«(falrl.' vryu
78 3
H2-s| 78-7
92-5
97-8
91-0
96-5
98-9
96-0
66-0
60-0
76-2
79-1
KO-H
79-;
81-4
80-6
65-1
66-1
67-4
8S-4
88-6
81-9
D-e
Bii-I"
66-7
67-6
79-4
82-8
811-8
6-^-8
61
89
94-0
51-0
55-8
81.-5
1W8
98-1
99-4
97-4
811
5-61-S
79-5
98-6
B8-I
07-
es-r
«4-f
641
81-4
81-0
10-4
7H-7
64-
100'
fl«-.
80-8,
94-.1
78-1
73 3
77-7
777
43'(1
l<5'9
400
98-5
89-8
43-0
48-4
92-9
9i-7
57-3
•7-0
0'-4
07-6
98-6
i
8n-..
811-8
48-1
92-2
V8-8
4ll'7
48«.
56-11
58-4
The word» "bad," "Bood," "fair" and "fall" above
ttiat ihe assrejEate
srsp (or tbarear
was bad, Kood,
(atr or fall.
fMrtott
Sept. 1.
16,60l 12.4-2 13,!«)4 1-2,9dl
:<,'J23
288 2,»U4| 2,178
91,274
10,. 83
8,933
Tot. TO OT. Beit^. 18,8-24 13,770 15,898 14,739
101.457,
100,003
7,161
4,83S
Uverpool
'Hber British pons..
I
91,60$^
70-
Havre
77-«
75-0
72-4
73-7
74-3
77-6
609,
426
1,935
1,3:4
699
426 1,935
1,374
7,161!
443S
725
3,3(8
3,424
10,318
9,148
9,638
11,410
10,744
10,078
7,497
39,309
33,833
3,801
3,920
Other Frenoh ports.
TOTAX Fbbmoh...
(iremen ....•.....••
aamburi;
Other poru
Tot. TO No. EuKOPB
99-0
97-5
97-7
95-4
98-8
9n-8
Total
since
Exported l»—
898
611 74-4
64-4
4--3
46-7
7B-
80-1
79-9
81-2
79-6
19-^;
48-5
7B-5
744-0
TKNNE88EE
^W"
week, the
Week Sniinn—
63-1
B6-^
ARKA KSA8.
18S9 lg„ d
18M8 (good)
1887 (good)
1886 (fair).
last
34.053 bales last week.
UISSISSIPPI
1891
1890 (full)..
1889 (g,,o )
1881 (go d)
1887 (good)
188C(fair).
No changes in quotations
SJ-^c. for 1% lbs., 6c. for 3
lbs., and 6^c. for standard grades.
Jute butts continue ia
limited request at l^c. for paper grades and 2^c. for bagging
inoreast
LOri8LA.VA.
18-1
1890 (full).
1989 (good)
1881 (good)
18^7 (.food)
1886 (fair).
1891
I8M0(full).
1889 (go d).
1881 ft. rod).
1887 (good).
1888 (f»lr)
3,S23
Spain. Italy, &o.
7,316
6,225
mother
Total Spaih, Ao
QbakD ToTAJ.....
2,801
3.1»0
e,io»
83,265 20,512 84.058 26J11
141.-.40
143,663
819
THE CHRONICLE.
614
Weather Record for September.— Below we
give the
Thermometer
thermometer record for the month of September
and previous months of this year and the two preceding years.
The dgurea are from the records of the Signal Service Bureau,
except at points where they have no station, and at those
points they are from records kept by our own agents.
rainfall anf*
940
960
Lowest..
61-0
79-2
81-3
980 980
640 «0-0
HiKhest..
Lowest ..
Average
.
Averaxe..
Lowest
..
Highest...
ITilmitHPtoTU
Hlstaeit.
Lowest
.
Arerage.
Lowest
.
Highest...
Lowest
Hiffbest.
.
Average...
BrftokhavenHighest...
L >west
Lowest.
.
Ave'-Hge...
Lowest
ATemcce...
Charlotte—
—
Baieigh*—
HUliMt...
90-0
38-0
70-0
9«-0
94-(i
98-0
93-0
79-9
75-4
79-3
9V0 9H0 900
K50 6«-0 45-1'
82-0
79-0
980
H7-0
81-4
54-11
77-(.
ezo
Moraanton —
HiKhest...
Lowest....
Averaue..
98-0
68-0
79-0
08-0
56-0
75-0
O.'J-O
93-0
920
54-0
78-4
6S-
66-9
94-0
66-0
79-2
95-0
51-0
77-3
94
61
89-0
61-0
78-3
95-0
48-0
750
96-4-
BO-I
77-1
99-0
88-0
82-6
79-6
74-1)
94-0
BO-O
78-0
97-0
55-0
7S-3
94-0
57-0
96-1
794
71-3
77-
80-4
97-0
65-0
8i-J
94-0
90-<
50-1
6877-
94-0
o3-f
74-9
94-0
60-O
77-6
97-0
91
490
52-fi
76
74-5
94-1
60-(
87-n
98-0
89i
S9-11
46
77-4
73-6
74-5
50-1
71-1
78-8
4
94-0
31-0
75-6
91-1
53-
76-d
300
90-0
46-0
70-0
71 -d
94-0
47-0
73-5
CAROL'
I
98
96-0
60
78 8
75
SI 5
48-0
78 3
98-0
94
56
H40
75 8 80 9
99-0
8ao
806 774
9«-0
08-0
94-0 lO'TO
94 8
960
hO-'»
600
79-5
4J-4
74-9
48-.
76 8
Highest... 1000 100-0
9i!-6
Lowes
980
900
64-0
80-6
95-0
52-0
94-0
62-0
79-6
60
521.
540
720
79-1
93-0
60-0
T6-8
93-
93-0
92-0
65-11
94-0
52-0
94-0
6H-(l
61-11
61 -d
5f
.'il-'
81-3
80-4
76-.
78-0
76-J-
74-5
70'«;
99-0
93-0
H4-n
98-0
94-ii|
91-
9J-0
81
5^o
50-
6-0
800
70-0
59-n
77-7
8I)-'
81-0
77-1
73-3
71-4
97-0 101-11
56-0 58-0
HS-(1
97-0
45-0
7B-5
CdtUleRock.Highest.
—
.
Lowest
Lowest....
Avenure...
Average...
Hignest...
Lowest
Lowest....
Arerane..
...
Average...
Fart SmithHighest...
(Mumbia—
Hlfihest^..
Lowest
lAwest....
600 640
816 7li6
91-0'
960 9t'
640 600 510
78-8
Trrti
96-0
64-0
79-3
641
808
72-8
950
lnO-(i
61-0
76-3
58178-c
91-0
50-n
72-S
7.<-01
970
95-0
90-0
i
93-0
60-0
76-8
59-3
79-4
Camden—
..
Hluhest....
Lowest...,
ATer*«e,.
50-0
70-4
711
9«/ena—
—
90
92-6
4M-4
I
72-e
•
HlKtiest...
Hiffhest...
84-0
4b-0
87-5
98-0
Average...
OharUtton.—
Huhest...
Lowest
600
verage...
77-0
94-0
84-0
98-(
910
59-0
48
9144-
77-9
78
7.i'
898
MO
76-4
9V()
1000
970
75-0
90-0
79-2
90-0
48-0
72-4
88-1
6iri
94-0
91-0
50-0
70-8
92-0
4b-0
87-0
500
73-8
Newport
Svergreen—
Highest...
HtKhest....
9S-0
58-0
77-6
Lowest
..
Average...
Averaue...
'2-0
I'KN.NISS U.
OBUUUIA.
Aumuta.—
Uighest.
Lowest-..
Average..
ilemphu.
Highest..
Lowest.
Average...
HiRhest...
Lowest....
—
Averafie..
AtlaiUa,—
Highest...
Lowest
.
AreraAe..
Suvaruiah.—
HlKbest..
Liowest
Average...
97-r
980
63-
ni-n
80-0
96-0
95-0
SI
581
93
53
90-0
49-0
91-0
51-11
75-11
73-(l
75-1
72
70-
89-0
94-0
04-1
9»-i
B2-()
9->-
90-
64-1'
63-11
58-0
77-4
6'i-O
53-4
•=iO-0
77-a
71 »
70-1
92-0
51-0
71-8
46-CJ
560
60-11
93-(
62-'
71-0
75
tO-0
78-w
6«-(i
94-o' 98-0
58-0; 84-0
79-5
766' 81-0 80-6
76-7
87-0
45-0
71-9
89-0
09-0
65-0
80-8
90-0
48-0
78-1
970
0,
tshwood.'
Highest...
95-0
Lowest.
63-01 65-
. .
Average...
"7-6
9ro
90-0
90-1
91-(l
55-11
91-1
86-0
a.'-o
«l-(
61-1
88-0
55-0| 63-0
83-1
53
73-2
789
85-0
73-1
78-0
7a-2
70-3
50"
892
92-0l 98-0
6556-0
78-1
78-1
91-0
910
fll-O
88-0
gj.
8-<-'.
8-2-0
50
511-
50-.
76-4
56-0
76-2
Hu-ii
79-1
90-5
72-5
83-8
90-0
68-u
82-0
90-O
70-0
82-8
920
9a-o
70-0
81-8
960
79-1
96-0
66-0
81-6
tiMfcin.—
ihlwnbus.—
Highest
Highest.
Lowest....
Arerage..
.
Lowest...
Average..
96-0
55-u
73-0,
TBXA8.
Monu.—
Galveston.—
Highest...
Lowest...
Highest...
Lowest....
Average...
Average.
Fanyth.—
90-0
69-0
81-3
90-1
63-1
860
680
78-8
92-0
H9-0
n2-«
92-0
80-3
960
94-1)
80-0
7D-9
5«'
91-0
55-0
75-2
64-0,
66-0
78-2
80-2
820
1010
7r
82-
757
73-0
85-1
W
400
87-0
41-0
67-8
75-1
90-0
40-0
69-8
87-1:
88-0
78-3
66-0
77-p
77-6
92-1
91-1
62-(i
75-11
47-C
67-1
570
Paieatine.—
Highest...
Lowest....
Average...
Highest.
Lowest....
Average...
.
IPLOHIUA.
JackaonvUle,
54-1
74-2
90-0
53-0
71-9
i.uttin-~
Highest ..
Highest...
99-11
H5-'
95-0, 101-0
Lowest....
Lowest
67-0
67-11
Avenge...
^verart...
84->'
81-5
85-0
79-8
1040
96-(i
101-0
590 5H0
850
..
720
86-4
lampa.—
Mignest..
.
Lowest
Lowest
Average.
Lake i?<ty-.
Average... 78-8
San Ant-mio.
Highest... JOO-J
.
Highest...
Lowest....
Average..
Hlgtiest....
I«ow«et...
Average.
Highest
.
Montiiom'y.—
Highest...
Lowest
l>
99-0
7O-0
83-6
96-5
71-0
83-8
70
91-0
61-0
80-5
77
95-11
51-11
91-1
9K-U
78-2
82-4
95-0
104-0
1-0
75-7
58-11
690
10
57-0
81"a
78-n
84-4
8ii-8
78-6
Hitfhesr...
980
97-0
9!>-0
60-0
82'4
92-0
L<iwe t
68-uJ
97-0
58-0
6'i-O
5r)-.'i
8 J-3
81-0
77-0
lOl-O
iOl-O
94-0
62-0
82-6
48-0
80-2
100-0
62-0
86-2
100-0
68-0
81-0
DiAN
84-31 8-1-3
J
92-0
51-0
75-8
1
o-.i*o
Average..
Average...
JToMte.Hlghest..
Lowest...
Average..
7'
83-6
102-U
55-0
80-1
Highest.... 100-0 lOl-O
Lowest ... 60-0 5«-0
Average.
82 6 81-4
Dallas
Highest.... 1010 101-8
Lowest ... Hb-O 65-0
Lowest*.
Average...
ALABAMA
100-0
72-5
84-4
.
AV r-tge...
LongvUw—
-
K8-S
85-4
—
ujwest
Average..
Hwntei'UU.
litusriUtf-
43-0
71-0
570
6i)-i
94-0
92-0
47-0
72-6
99-0
47-0
75-»
56-
«a-o
49-0
79-u
76-:
T.
Oklaiaina—
Balma~
High St....
Lowest
94-0'
57-01
94-1'
6-1-0
99-"
49-11
89-0
46-0
Average.
74-3
7e-a
76 8
72-4
Highest..
Lowest...
Average..
.
July.
A li^tut.
1891. 1890. 18»9.
1891. 1890. 1889.
aalnfaU,
dutmm—
1891. 1890.
.
Lowest
September.
1890 1889
1891
iriRGINlA
Average...
lorfnllc
Jtupfr—
Jf'ghest...
Lowest.
Avemge...
—
Kalnfall.ln
i-156
2-79
Days rain..
14
7
3-47
17
3-26
12
6-03
14
4-19
10
3-64
8-«l
5-78
10
14
18
377
0-52 1054
6
15
4-75
16
. .
i.
IFtopduHUOt^st.... 1040
"
RalnfalMn
Davs rain..
.
AvenMce..
MMttvtutft f,—
HiKbem...
Lowest..
_A»«ni«e...
6-33 10-89
li
23
5-87
8 36
5-93
15
17
20
11-10
11-86
7-81
19
12
8-'9
19
3-18
20
8-4»
17
1-61
21
6-92
8-59
8-79
1-37
3-.S9
3-aa
80
14
6-95
11
364
13
17
5
13
9
3-79
8-17
4-53
11
0-78
13
8-82
18
5-3:,
14
5-64
18
19
Halnfall.ln
Oavs
ralQ..
JharlnttS"
Kalnrall.ln
i>HT« rain..
14
naeigh'—
HaiafatUln
Days
RalnfalMn
Davs rain.
Lowest
ATenuie..
M>ertyHmBtobMt-.
Lowest...
, Aiermm..
Ldkt Clutrla
3.
7-45
8-21
11
10
8-35
14
10-42
8
16
12
2-48
3-85
8-75
8
18
5-04
11
4-8,.
7
4-61
14
8-85
14
6-50
11
13
5-41
17
10
12
8-95
15
1-3-2
6-96
6-98
14
13
5-16
10
7.36
10
8-98 18-87
16
18
6-74
8
6
9-19
a-30
8
3-07
4-90
12
5-59
8
6-06 11-87
2-17
14
4-1
11
8
S-52
7
8
CAROL'
Ralnfall.tn
Days rain..
3tatebw9~
BUihes',.
Rainfall.ln
Ix>WMt..
rain..
Columbia,
KalnNll.in
4-3-
ATersce
8-61
OhartesUtn—
3-86
18
•in«Me.torl890.td iiwaretorwilsoi
9
1-46
rain..
HoTfjant^n.—
HlKtaMt...
8-43
1
VeUlnn.—
Orlfuns,-
Ulghest..
8-90
CAR'NA
VitmingVri'-
"
LOUlB'NA
Lowest.
98-0
48-0
77-0
92-0
96-0
Waunesboro
ATengre...
jr.
96-0
5S-0
81-0
79-3
Lowest ... 640 601
Average .. 78-6 ;u-3
Lowest
Lowtst....
AverMne..
74-8
e2'(J
Corinth ~
Hiuhest...
Avfinute...
Highest.
47-U
70-0
'.tarkiiiale"
ATeraffe...
ITeldon.—
Blcbeet...
loUoAoMM
91-0
500
elands
M.CAU'LA.
Highest.
950
62-0
79-2
lilSSitiS'Hl.
^iekaburg—
Highest..
Lowest
95-0
50-0
74-0
i>3-0
'Tolurnfruf.—
Lowest...
ATeraoe...
Avorwre
AUmaetie-
September.
1881. 1880. 1888.
HiEh>«st.
or/oik,—
Hlfcheat...
Matetntrg.
Auyxut.
1891. 1880. 1889.
Averaue...
TIROINIA^
B.
July.
1891. 1890. 1889
wUU—
Chen
thtrmorruter
.
June.
1891. 1H«0. 1880.
LODIS'NA
September.
Iff
[^oi. Lin.
Days
Days ml
2-85 *B-10
8
18
1-13
8
4-02
II
8-34
14
5-01
6-88
17
9-.34
16
7
• Figures lor l!>90and 1889 are for Wllsun.
8-7M
18
7-07
813
3-93
11
18
lii
15
7-05
15
18
3-67, 3-5
15
8
8-3
4-1)4
10
I
6
16
7 09
I
21
4
3-83
S
THE CHRONICLE.
Ocr«»KRf4, IHl.
June.
SMnfaU.
1881. 1800.
.4ua<ut.
Septeenber.
1881 1890 1880.
1801 UNO. I8H0.
July.
U89
1801
1880. 1888,
J»nt,
1801. tsoo.
T-«e
U
I)h7B rain
Bi'fryrcrn —
KalnfHll.ln
Dajiraln.
8-M
B88
6
11
1011
10
0-8.1
6-76
0-77
Raln/all.ln
«
U
Hmlnf*
H>
RalnfaIMn
8-70
6-41
«
14
4'71
1-lli
BOH
18
8
IS
8a«antMli.—
l-W
11
816
14
8-86
18
6
8-88
18
6-87
18
10-10
10
8-69
81
8-68
16
3-89
16
4'78
e
RalnfaIMn
Days rain,
8-43
18
6
B'88
10
r78
11-54
2-80
8-69
4-68
18
18
18
IS
8
8
r4»
a
S-Of
6-61
5-89
8-49
5-68
8-6(1
8-71-
l-ll
8
7
8
10
7
4
6
8
1-86
4-K>
B-47
3-60
8
10
8
6
6-44
8
6-86
8-81
8
14
8-06
11
riso
18
3-67
14
18
INDIAN
Days
rain.
Tampa.—
Ralnfall,li
Days rain..
Lalu Citu —
Rail fall.tr
_Days
rain..
rtflwi
Ralnfall.li
me—
Days
rain..
3-31
IS
s-su
IS
9-70
7I» 11*
4-68 11-91 lo-os
8U
21
20
14
18
S'89
14
4'0a
a-ab
13
6-89
IS
2-41
3-60
7
6
8-74
1-36
5-.1B
3-70
10
6
15
6
4-S8
8-19
Ralnfall.li
lain.
86 5-2
8fl
1
I
10-83
11
80
11
4-97
16
8-87
10
4-9>-
10
87
4-41
9-1-:
6-38
1»
Rainfall.ii
rain.
Days
Rainfall,!!
Days rain.
Belma—
8
lO'Rfl
11-62
IB
19
I0'47
S-88
a
11
e-4t
402
13
16
70»
4'23
16
6
10
6-76
16
r4e, 7-59
19
21
8-48
13
3-74
17
3-3(1
11-76
16
81
6'3&
9
9-20
7-87
400
13
8
4-76
11
0-U5
3
I
6-18
18
15
rain.
RalnfaIMn
Hays rain.
$—
RalnfaIMn
Days rain..
8-48 B-7U
IS
17
I
3-811
7
10
3-78
S-Bl
6-84
10
10
8
5-78
8-08
4-84
8-78
10
7
10
8
11
a-27
8-71
3-42
4-80
3
8
8
8
8-51
8-08
7
U
8-15
11
8-60
4-36
8
12
16
7
4-79
4-l'8
6-3."i
16
3-48
10
Xrtggi
4TS
10
4-7»
9-28
19
10
985
3-01
3-50
15
7-EO
81
Ralnfall.li
rain.
Days
4-87
14
5-39
Days
Ja^itfT—
the
81
12
682
4-41
15
4
B-ni<
436
18
11
rain..
4-76
596
8
16
5
5
9
8
4
4
4-S7
18
14
6-69
15
0-13
DftTS rain..
Raiufall.ln
Days
rain..
6-89
21
3-6S
12
8-12
3-43
16
8-14
0-62
1-78
7-<!3
8
8
7
13
5-66
4-38
2-62
619
6-l.f
2-13
II
8
(t
18
18
3
8-67
8
a
4-48
4 90
11
9
10-38
9-SS
1-90
5-64
a-5P
8
14
8
7
11
8
6-00
4
8-16
16
5-98
4-79
10
9
8-43
12
0-88
6
Days
rain..
Days rain..
Scl«na—
BainfalMr.
J>»y» rain..
Sm« h-
8-43
6
718
6-67
3-95
10
6
14
IS
13
IS
2-40
5
4-6S
6-Sl
9-83
4-64
6-B4
0-91
8
18
16
6
S-B6
18
19
«
60.S
11
6 01
9-41
11
11-40
8-8«
6
4-98
11
8-15
e
8-41
4-99
9-58
8-28
1-04
6-41
1-76
JS
7
11
10
4
4-40
6-91
12
8-07
4-67
11
4-7e
2'4lf
7
16-39
10
11
3-86
OBS-
10
4
6-72
10
9
0-67
4
8-2?
12
6-41
14
8-lP
0-85
4
3-28
7
3-98
6
7
8-16
6
4
2-18
4
868 BOB
6
0-48
6-5B
1
16
0-29
8'«8
lu
1
11
B-38
3
l-?6 13-07
8
13
5-82
8-36
3-89
S-TT.
3-37
»
7
4-17
7
3
7
(-50
1
7
«-81
8
8-88 8-07
13
13
I
4-22
10
9-88
11
1-83
11
7-69
8-06
13
8
7f9
4-S19
4-0?
4-52
9
6
13
6
s-oa
6-37
9•8^
8-71
7
17
14
6
rain..
3-45
4
7etaia/AII.
8-69
1889-90 1800-01 1888-00
r<u.
449.484
394.010
rds.
4»<,44B
86.18r.
487.782
895JiS4
Us.
8-12
6
8
8-83
1-45
»
8
B
1-49
0-64
8-74
16
9
7
14
7-31
6-06
74.7(1:
07X35
00.400
10.812
1083<-
90,119
1.899,790 1.247.048 846.171 820 JOi
816.487
64.9B6
8H,2»« 1.384.627 1.817.
qr.
8(1
418.852
483.178
428.797
41.1,715
70,336
78,856
00,878
101 J««
447,1211
81,8811
100,108
82.481
"4.a«8
87.481
104,181
356,192
1U4.S4.'<
88.079
243.17:J2.'«).49>
308.142
890.744
2.5-14.317 8,464,0«« 489.348 450,700
•1M.589
687.414
127
411.409
78.099
77.ft'»
08«I8
I00.9M
470,574
391,698
73,3811
88.2Ki
114,l«a
70.81B
74.33-
04.3SS
81,110
<)0.88H 1.144.391 1,273.7711820.075 241.564
3-4.830
SI1377
Total 9 moa.. 199.3'ie 206,53; 8,708.708 3.737,840 700,4'<8 808,354
008.799
898.701
April
iJ8.76:<
23.0<8
May
80.898
20.494
85.875
21 I'm
Tot. at quar.
1(4.155
.
qr.
395,714
331,478
387.204
4-77
9-08
16
14
5-OB
1-50
8.08
10
AU
410.801
4S8,6.<B
79.002
87,088
482,895
413,188
T9,80fl
87,8!W<
102,101
108.70B
80,I3S
78.209
I0S.970
110.408
100,900
94.S i6».07l
.<I08.879
8«i.-/S8
23.900
21^.867
414.989
8.S.844
22,700
418
69.936
«7,18-: 1.242 5911 1.33<.88.1
70(1
2as
10
7
13
6
RalnfslMi.
4-lB
13
4-6B
6-831
4-68
0-86
5-78;
4-05
16
8
18
7
8-62
7
7-48
2-27
318
10
1'
I
«
8-64
i
i
6-69
14
1-67
7-66
13
5-62
7
10
6-9B
IS
12
I
4-79
1-88
8-89
3
iltutin4-70
680
8
7
'
0-76
4-01
3
6
azpnrU of ootton manofaotiarea
2*81
3-44
7
1-76
4
0-10
1-78
8-88
1-88
0-84
8
4
7
8
8
1,848,778
1.8483«
Oeto6«r
Sevttmber.
Ooodt.
47.
30.
48.t'9H
43.
1-86
4
18
aSS,SI8
8.980
83.468
S2.iOi
58.241
6-89
8-90
B
4
15
10
4-7»
S-9S
6-1
10
HI
0-41;
4
18
8-48
6
18
4-78
11
6-16
10
4-48
6-IS
8
16
1-58
8
10
1SS,04H
£01,808
S^SOH
4<>.i9e
!ia.T78
9.801
9,438
4,M)«
6,004
8,468
8.887
4,184
china and Jspan
Turkey and Kirypt
All otner conntHes»
8.81.1
8.903
S.4I4
8,9111
2.917
4.0MI
3.814
I.8H9
8,188
1,01."
970
MOW
n,6«l
40,501
»',7HI
81.872
10.139
82,888 81.8741 18,878
1^08
tvTB' HI. Off
881.661
£11. no
9S6.48S
<I8.17&
4,m
I
is
Sn.lMO
34.879
.14.111
BUSS
B\6«4
BSJUt
US. 184
a4.0fl«
»64.<m
£ii.aai
from the Bombay
WM
<
9
1-lu
inamo.
4,061.108 8.07l.«88
£8,045
Holland
Gi^imany.
Oth. Europe (except Turkey
Bast Indies
I
3fl
s-oi
1
Price* Currenf of September 88:
mnoh nenlpd,
Except In ih«> Bi liary an H bll (ll«trlct«, where It
and at Bars p, whrre rnoiuhhail fallen f >r a tliiir, rain fi-ll over the
«boln if (he (Litton are* mlog iht> l»ti«T part «f iMt wetta, the
eavleat fall (ranfcmK from :<>« ini hoa at Wadwan lo 'iVi ineheaat
KnrumifaKni) liavlun tieen in theDh Hera circle, wbece It waa con -rally
needed, a d where Ita ad »tnt has much iiiipr 'Ved ihe pro»i>'Pt« if ihe
rrop.
At BroHOh n's (Whi rt> th- dill had alrcadv o-f n iXi-**«itb)
8-81
11
4'5I
Sei>L 10.
S?S8
416.700412,
£4,817 iA,
Total Talae..
6-P8
1 to
1N804M.
180.085 9.1C0,87i 8.8S4.X1S 8JM4.881
718jni
54.148 7'i8,78-'
OM.KvSi
38.268 604,7"4
87>4.79«
80.6''4
318..178
S5.1.7M
5<i7.182
48.U46 SIO.802
S13.ISS
3!«».4I*| 817.680
81,594 800.571
S8U830
85.185 !88,007 90S.(«>i
28.881' 38.
80.468, 20,
utber couL trlea
.
SS,6«0
87,888
i80i'-9i.
1880.
1890.
1011.1166 178,
84.380; 67.
ToUllbs
4-42
14
11
6-09
18
I.004
84/11*
rams.
(000s omUUa.)
3-93
11
0-68
8
8-8!
4-70
1,806
8S.8l«
..:..".;".;""".......
Total yards.
Total Talue
8
19
lOSMO
23,198' 81,980
2)59.318 87.1,724 4,95I.V08 6,071.583 048.386 945,325 1.817.678 1,810,040
PUee
0-S4
8-78
Uf.
86,84"
465.iie>l
East India Crop,—The following
6-S3
tawoo
Us.
100.608
83,611
ECirypt and Africa...
hlnaand Japan
Rnrope (except Tarkey)
Boutb America
North America
0-38 10-74
6-14
2-«8
II
,
180041
74.814
78.87H
1
5-56
14
8-op
7
4-90
11
1880-91
Total
80,013
Turkey.
19
3-43
rain..
OUKK,
Lbl.
Baat Indies
6
2-Bl
7
RalnfaIMn
Days rain..
pounds.
1801.
10
6-90
11
Days
Urrat Britain.— B«»Iow
M
nearly three ini-hea more v ere nci-lcre i. imt the plani* W'-rt" "till r»Iiort<d to be fl. urisli n*.
In thi- Bmiial clrole th- f^U wa« I i{ht, not
quite reacliliKt half an Ini-h at llt-awiir, wMi-h diatrl.'t had moit, and
where more waa neednal; ami th« i>o>ltlnn <if tho i-r<>i> was iiiu-hini««d,
lai t- eiiirprli.tt Iniiu too nimh rain at Delhi and I'awi.poi-e hot
tlie
TEXAS.
'
8
(000s omitUd.)
5.85
RalnfaIMn
Days rain..
Atufin—
PalettlnrRalnfall.ln
all to
84.421
8-88
6
1-44
8-88
10
ColrMfon,—
RalnfaIMn
Days rain..
8
a decrease of 3,077,000 lbs.
further matt>-r of interest is th<) destination of these
exports, and we have therefore prepared the following
8tatem«-nt«<, slowing the amounts taken by the principal
countrirs during September and since October 1 in each of tba
last three years:
ZPOBTS OF PIECE OX>DS AXD T*E'»9 TO PRIWCIPAL COUirTRUS
REPTEMBKR, KSD FROM OCTOBER 1 TO 8EPT> MBEB '^0.
TSNNBS'B.
rain..
*r
T
shows that there has been fzpirted from the
United Kingdom during the twelve mo- ths 1,243,778.000 lbs.
of manufactured cotton, against 1, '^45,855,000 lbs. last year, or
4-rt4
rain..
Sathvme.—
RalnfaIMn SdO S-83
Days raln„ IB
10
Utmnhlt.RalnfaIMn 4-74 3-M
,Day« rain.. 13
9
Days
moM
31,214
Total
2-88
7
3
Athuiiod—
,
W
»-4S
Saadry artloli
20
S-74
RalnfaIMn
'
6
,-04
7
22.188
Tetal year..
0-20
8
4-P5
7
Balnfall.ln
\
S
B
0-42
A
5-81
5
HewjMtrt—
I
::.:
1'he foregoing
5
Camden—
j
OM
4
88.741
Total 4th
«-T«
10
1-9S
Balnfall.ln
Day* rain .
D»ys
1-47
8
Janaarr
Febraarr
March
Septamber
6-40
8-85
18
2-30
4
f>>rj
Days
O'SO
t
Total 6 mat. 185.281 138,714
ARK'NgAg.
Zutli Rock^
Balnfall.ln
1-07
OotobOT
MfiW 83.847
NoTamber... 88.018 23,914
Daocmber... 88.B48 80.307
5-f6
10
9
Jvai^nwboToRalnfall.ln
7
movement
July
1-89
11
8-H4
€birhtdale~
Corinth—
.J.
IS
AuffOSt
4-45
14
L$latul~
RalnfaIMn
Davs rain.
Brcnkaven—
RalnfaIMn
4
Un.
3-43
4
S-16
S-('5
Vicktbura.—
RalnfaIMn
Days raln„
8-04
1890-91 |l8SO-00
8
200
1-75
n.
RalnfaIMn
Days rain..
t
4-43
10
fmtlhread.
mSSIS'PI.
Days
M-
6-C7
8
4-88
Chtn^liv lie—
Kalnfall.ln
Ootumtnu.—
RalnfaIMn
4
4-(0
7
6-92
3M
RalnfaIMn 1-34
Bays rain.. 10
Srd Cot€auRalnfaIMn 760
Days rain..
8
lAbertyau-
Daysra
a
S-AI
4-78
0-89
2-87
13
4-05
18
oftreti«pf/r(.—
Ralnfall.ln
r
goods, Ac., from f^reat
an(i sini-** Octohfr 1, in
1890-91 and 1889-90, as compiled by us from th« British Board
of Trade returns.
It will be noticed that we hare reduced
Stw Orleans
Days rain..
Lakf Charta
RalnfaIMn
Dayi racn..
*v
we give the exports of cotton yam,
Britain for the month of .S«<pt«'ml)«'r
liOUIS'ANA
Ralnfall.lr.
Days rain.
6
8-84
7
ToUIst qasr. 70,288 67,46S
AMbum—
RalnfaIMn
«
1-69
7
l-OB
Exports of Cotton Ooods
ALABAMA
UobUt-
4-18
I-IO
t
OOOsomtttAl.
JalUihaifft-
Days
84
1-16
.
FLORIDA.
Jackaonvitlt^
Kalnfall.lr
l-«o.
T.
Ok'ttHama—
K*lnfa<Mn
Dayi rain
8-8S
8
6
n'Bll.ln
IUIof«ll,ln
Daji rain
9-70
a-4u
4
Dari r»ln..
Lonttn9W~
DsriralD
Datbu-
••7S
14
4'IB
1.1
Hal' (a>l,ln
4'88
10
For»y(ft.—
RalnfaIMn 718
Days rain.. U
S-91
5'Sn
19
Ooluttibiit.—
b-6S
8
Days rain..
HunUvUli.-
6
SSORUIA.
Daja rain
quanta
804
n«yi rain.
San Antonio
^tifftMta.—
RalnfHil.ln
Dajrs rain.
MM.
Abiln*,-
RalnralLIn
Kalnfall,ln
IMO. l«M- ir«l. INO.
1801.
II
TBXAS.
AUtruiate-
Dajs rain
Juiy.
IMHfU.
S.OAROL'A
Ralofall.ln
Dajrs rain.
615
1
'
tlounahin); »t Agra
In tli-> Ooinra olrrle iten. rally ihe fall ha4l alao
been oomo ratUoly lu-ht. and the i-ott»n nlann <«> nlnne.! t<> fl.iur «h,
being In tlowerat Oi'iiirow iittee, <«r*-e, Dhiilla. ani JnlMnni; Imt In
tbeNa«t|>ore diairlct, where! "4 Incho* dad further fallen, mon-aalnc
the oxers*, a break In weather wat needed, aomo dainace liartnc
already N-en done to ti.e 1 lant*.
THE CHRONK^LK
616
yeKterdaya'lld^'*
telegraphic reports made known
the gr «'"", .^'Pv
little chan-^e In th *p..8l ion of
ralafall at Nag"ore
h»d been a fU' tber confide, able '•a]^'
there
we.
k
of the
w_re aim 'J «',f'.X oo
^^g
and Dehl.and in b(.th .Il9trct8_ the_^ plains
","
mnob moisture; hot in other .listriots of the
»„'• pa
-t of
i
J,'"""^?
an »ooQ"f,> »>
't hair
thf r- h .d I. eii little or iiomorwr tin, and n
O"'"'^*
the DhoU^ra circle; and in this and th-Inseasoua^.^e
^V.^J^Jb
in
m^
No
No^
ftSr
we.th.r
flouri8hl.,g.»« .hey also we.-e ** Broa«U
wnere i»'"
proveuieut w-« reported from BeUary or riuuli,
muoli needed.
The
official
rvoL. Liii.
To Hamburg, per steamers
Total balet.
California, 1,900 ...Taormina,
1.198. . ..WieUnd, 2.S0
^---.^v.--"-;;9, 4. ...Marengo,
To Antwerp, per steamers Oonemaugh,
Waealand. 850
1.2011
To Stettin, per oteaiuer Polynesia. 400
To Genoa, per steamer Anglia, 2.12^
To Naples, pt-r steamer An(!lla. 676
L
''•**''
a.o<J4
o
oil
,
'At?
c/o
Bellenilen, 8.460
NBW OBLKANS-ro Liverpool. 0"r steamers...Madrlleno,
7,480
Leonora,e,322
..
5,360
....Floridian,
... Navigator. .^1,300
:..,-^—^^,---A„4i-'
anii
Chlinn. 4.241..
9.073
To Havre, per ^team6rs Austrian. 4.832.
0«op
D^ily
iSD
Rbobcpts
Cjmpvkvtivb Post
To Bremen, per steameis Erl King. 3.900 ...F deration. 21.308
4,5«8
mo.ejtieat
Hohraoii,
port
by
6,2iiO
Khein.6.5
-Acomp»ri8.,a..f th^*,
"°'ff
°'
4./0O
«J««''''«
....
........
^''^
To Hamburg, per steamer Helve' ia. 4,7.50
the «rl>ek8 i'. different ye*.« do not end on
...
«*f
SALVEST. IN— To Liverpool, per steamers Enchantress. 6.000
"t*'*''^:^^*
t"""''
added
consequently
have
."i,:
23.057
89...
the mo-.th.
m°?
L..ehmor^, 6.26i ...Maidn. .n,206 ...Nethergate,
that the reader maj
a,hi\)
tables a daily and monthly statement,
To Bremen, per steam r Roddam. 3.849
Accomao. 6,579....
the
steamers
seeing
per
f..r
Liverpool,
e^»°'L^'^*'^^
data
Bednswick—
To
the
him
before
h*ve
constantly
movements
-- , --ViVi
Lancaster. 5.410
.„
--Ai
movement for the years named. The monthly as follows. OHAKi..
,'-,45
STON— To Bremen, per steamer Cape Comlno. 7.a34
have been
Blnue Sept. 1, l'^91. and in previous years,
To Mai. no, per bark FiHz, 1,179
„--r"i~^
I'ain
6-'0
H
WILMINUTON— To Liverpool, per steamer Newhy. 6,650
NoKKOLK-To Liverpool, per steamer Monarch, 4,219
T'.'tnh.
Beginning SepUmber 1.
Tear
1,-uw
JfonfAd/
To Havre, per steamer Khio, 1,2011....
1880.
BosroN— To Liverpool, oer steamers Norseman. i.OSti.
1887.
1388.
Raetlpts.
1889.'
1890.
7,124
1891.
Venetian, 3.422
Soyihia, l.'il4
525
Loniiou, per steamer Nehsmnre. 525
359,203
To
654,776
332,017
561,710
732,23c>
400
Bept'mh'r 676.823
---.
To Hamburg per steamer Gra brook. 400
1,540
1,540..
S«dgemore,
8te«iiier
Psro'tageof tot. port
8ALTIM.1RIC— To Liverpool, oer
200
08-75
11-68
0598
Ti London. poT^Peam. r M<r» laid. 200
10-47
C9-58
receipt* Sept. 30
1.562
-.
per st.-aiuer Russia. l.'^'^2
Hamburg
To
the
To R •tterd.iiii, i>er steamer Urbliio. 2i'0
This statement shows that for the monih of Septembei
;JJJ^
00
-.
.
less thar
To Antwerp, per steamer Rialto. 700 .
receipis at the ports this year were 55,413 bales
472
To Liverpool, per steamer Lord Qough, 47Z ...
Philadklphia—
tnn same time in l^«».
lt*l>il and 115,113 bales more than at
sii ce
^ 64,594
;
dii
to ihe totals to Sept. 30 the daily receipts
.............
Mo^="";
^
.
«3.
M
We
m
By
g
a-
we shall be able to reach an esaot comparison of
the movemetit for the difft rent years.
that time
0::t
1 ..
28,70(1
"
8....
"
8....
82,065
39,061
"
*.....
•'
5....
"
6....
"
"
"
"
7....
10....
"
11...
"
"
"
"
12....
S.
9....
13....
14....
15....
16....
17....
" 18....
" 19...
" 20....
"
<<
22
33.97:;
47.416
40.9 il
67,228
58,530
38,605
36,933
S.
54.378
52, 43
37,252
38,870
50.025
45.336
b9,49'.2
8.
46,107
74,307
72,869
56,870
48.366
77,480
54,710
8.
8.
" 23...
43,46K
S1.B06
B.
83,603
; 9.553
43,143
53.724
21....
561,7111
tt
72,614
83,101
43,030
40,485
60,573
45,928
8....
"
"
782,23«
30,127
83,067
87,96
40,3 SI
67e,H23
To.8ep.3u
6'^.3-i8
44,21(1
8.
3,222
47,47{.
<
8.
52,24
30,23U
33.876
48,121
36,636
8
59,120
50,223
39,738
39.725
44,S4«
89,197
60.101
61.693
41.711
40.2.16
54,280
45.455
39,271
57,H64
53,347
73,790
58.937
38,555
43,75"
8.
48,654
53,243
32,2^9
39,021
1
64,019
62,301
42,885
8.
36,2 i9
8.
53,490
66.719
48,403
8.
56,259
55,448
35.122
34,S8R
45.412
37,146
8.
61,937
55,573
34,388
32,188
8
49,9'
4«,.'i36
39.514
58.674
.
particulars of these shipments, arranged in our usual
form, are as follows:
New York.
37,833
38697
27,495
31,060
34,913
33,814
S.
42,380
44,568
32,421
40.513
3B,142
34.468
S.
5R,308
56.171
32,218
40,533
4>1,*'43
37,531
1
>
week, and
at
Boston, Philadelphia and Baltimore for the past
since September 1, 1891.
NlW roRK.
SwttFCl
Tkii
wtek.
Since
Stpt.l.
N, Orleani.
17. '98
87,521
T*x»..
•avannab
ll.PlO
77,016
14.7J6
16,703
100
in7
••, Cwol'm.
Ho.Caro!'*.
5,810
3!l,0«2
S84
rirdola...
8,7i7
e.an
li.iM
PHILADILPH'A
BOSTOS.
Thit
w$tk.
.
_."
IVilmiugt'n
6,6.50
Norfolk ...
doston
Baltimore
—
4,219
7,124
Pliiladelp'a
472
Sine.
TM,
34nM
a<iit. 1
UMk.
Stpt.l
92
1,134
6,t31
21.St8
Nortbn ptt
T«nn., Ao..
reralsB....
lUt TMT
1,IM3
»
900
2.903 11.547 43,276
3,924
8,890
1,118
19,113
8S,5«1
8,44S
86«
88«
1,931
827
60
4,817
17,897
7,6*8
149
1,140
10,447
1,608
149
88,»S7
aos.d'iO
8(,85t
• l,18t
»,495
11,1«9
4S,'TJ
S«S,47n
11,899
SM.'JO
~»,77e
8,«^9
40.876
~~*».im
—
Shii'i'inu .Nkws.
I'de exports of ouci^on from the Umteo
Status the past wnok, as per lattist mail returns, have reacheo
164,594 bales. So far as the Southern ports are concerned, thew
»r« the sarne exports reported by telegraph and published ir
the Chronicle last Friday. With regard to New York we
iiclude the manifests of all vessels cleared up to Thursday.
Hbw YoaK—To
Liverpool, ner steamers Alaska, 846
Armeni».2.551 ...C'ty of Chicago, 1,265. ...Greece, 3,i67
Mnmadlo. 4.219
Urnbria, '13
12 561
To Hml, porsteamer Galileo. 998
99.4
To Leitti, per stenmer Benlawers, 1,180
1 igo
To Havre, per steamer La Bretagne. 1,274 ...
1274
"
To Bremen, per steamers Saale, 3" 7
Spree, 503
725
.
'.
1,579
2,801164,59V
•
.
t,.
To Bremen -Oct 20 - Steamer Lesbury, 7,920
F.orenoe
...Oo'.
21-Steamer
ti.lOO.
BBDN8W10K— To Liv rpool— Oet. 2 ! - Steamer Keimore. 5.650.
.HARi^KHTDN- To Liverpooi-O jt 21— Steamer Soutbwold, 4,«00.
To Br. m.n— Oct. !«— steamer North Flint, 5,7u0.
To Saleino-Oet. 22 Bark Federico, 1 23i.
WILHINOTON- loLiverpo 1-Oct. 1 6 -Steamer Elmete, 6,000.
WB.tT Point— To Liverpool— Oct. 23 -Steamer Bretwalda. -,638.
Boston— To Liverpool Oot. 13-Steamer Bos onian. 4.^87 ..Oct. lbSteamer Catalonia, 1,461. ...Oct. 19 Steamer Ottoman. 1,7/2.
Baltimokk- To Liverpool— Oot. 15— Steamer Rossmore, 3,261.
To Have Oot. 21 -Steamer Ithamo. 250.
To Bremen -Oet 14-steamer Weimar, 3,600.... Oot. 21-8team6r
Hermnun. 1,157.
PHiLADKLPHiA— ro Liverpool— Oot. 20-8teamer Indiana, 250.
Cotton
frei.;ht8
'
the past wet-k have been
Satur.
Liverpool, steam d.
bid.-.d.
Do
Jfon.
«M
d.
d.
Amst'd'm. steam.c.
e.
Do
follows
Fri.
iSe4
"«4
1><S4
7,3
'3a
'sa
....
—
—
—
—
—
—
—
'.-.a
Tia
Tga
'sa
'SJ
'»a
''m
•^sa
'.12
73a
7*9
'sa
''sa
£0'
50-
50*
—
d.
Do
a-*
Wednes. Thurs.
Tuei.
1
"(4
"«4
....
....
'88
'.ia
•
....
....
50*
50*
50«
....
..-.
....
Reval. steam.... d. »3a«5i,
1,789
8.049
4,202
472:
1 6
Steamer Harrowgate, 4.8-50 ..
ChatUeld,
Oct. 17 Steameis Doiiiira. 4,720; Blackheatb, 6,995;
7,404; Ida, j."0''; 'oathery, .^.510
144.
Oresswell.
Steamer
17—
To Hambu g -Oct.
1
Nbw oklkaniv-To Llverpool-Ojt. 20— Sieauiers American,
Discoverer.
. „, ,
To Havre Oot. 17-8teamer Persian Prince. 5.94><.
To Barcelona Oot. 19 -Sieamer Hernan CorVz. 7,267.
.„„„..
4.226,
Savannah- To Liverpool-Oct 16- Steam, rs Nant Gwrant,
Pharos, 5.H06 .... ot. 21— Steamer Sir Wm. Armstrong, 6,027.
19 -Steamer Tona 4.7 .iO.
To Havre-O
Do
81
5.41»
che latest dates:
Do
iB,iie
8,M3
6.6 O
4i>0
1,562
Hambnrg.steair .d.
3.635
12.019
1,179
7;334
GALVB8TON-T0 Liverpool -Oct.
Do
Thit
vmk.
6'i,053
26, 106
Below we add the olearanoes this week of vessels carry ng
down ti
ootton from Qnited States ports, bringing our data
Bremen, steam., d.
mnct
....".
Total.
28.311
---,801
1,203
Total.... 98,564
Havre, steam. ..<<.
8«pt. 1.
400
1.274 4.073 3.024
9,073 26,0?>8
3.819
525
200
],.=.40
Baltihoul
Mobile
norlda
..
Brunswick, 12.019
The FoLLowma are the Uboss Receipts of Uottok
>rk,
2.178
12,561
-
N. Orleans. 30.922
23,i>57
vJalVHSion
'liarlestoni
8.
This 8tal,^m^nt shows that the reoelpts since Sept. 1 up t*
to-night are now 91,570 bales greater than they were to tho
same lay of tne month in 1890 and 374,951 bales more than
they ^rere t the s-ime day of th" month in IS^ifl. W« add to
the table the pernenta^es of total port receipts which had
been raiieive 1 to October 33 in each of the years name(l.
New Y
. •
M
1,792,893 1,701,323 1,518,242 1.153,081 1.4(!4,1B1 l,122,8t9
Percentage of total
18-81
25-84
20-78
26-67
21-10
port reo'pta Oct. 23
Total.
.
Bremen R tUr- Sielhn Genoa
Hull,
il- und
<< Ham- dam <t <t
Liver- 'o.rioi
pool. <t LeitH Havre, burg. Antie'p. mi Nup e>.
358,203
30,122
27,1««
854,77r;
332,017
81,7t2
34,657
28.620
29.756
3B,68*
38,634
.
. . - .
.
Total
The
1886.
1887.
1889.
1889.
1890.
1891.
.
—
•sa®"!* »'ia»'i« »sa3»i6
1
d.
»31.®I>16
—
»1,2«5m
....
731
'la
Barcelona.steam d.
'aa
'sa
7aa
7sa
%.t
'3tf
^4
'saf
Genoa, steam... d.
H
•i-J
"4
H
14
H
Trieste, steam. d.
H
^
Antwerp, steam. d. "e4*'i<> ii,4as,„'ii„«s,fl "e4«'l6 i'64®'ie ll6,33„
.III Ion
....^r
t Ste amer October 25t 4.
.
1
Ltv ffiRPOOU— By cable fi-om Liverpool we hwa the folio wing M
the wn^k's
lent
statement
if
Bales of the
week
sil-^s.
stocks. &o.
Oct.
bales.
Of which exporters took ...
Of which speculators took..
American
Sales
Actual export
Forwarde.i
Total stock— Estimated
Of which American— Estlm'd
Total Import ot the week...
Of which American
Amount
afloat
Of wbioh American
2
,
at that porr;
!
OCTOBKH
THE CHRONICLE
84, 1891.J;
The cone of the Liverpool mivket tor apota ftad f uturee est h
day of the week endtag Oct, 'i'i, and the daily closing prios
Of spot ootton, have been aa foUowa:
Dull.
Staadj.
Mld.Ul>r(l8
4%
4'li6
4I1„
i\
4\
4^
8,000
8,000
13,000
500
lOJO
10 000
1,000
lO.UOU
500
6,000
8ttle8
Speo Aexp.
51
Fuhtra.
Market,
1:45 p. u.
a«T at
ii-Maa^
Tanoa.
deoiina.
advanoa.
Market,
4 P. M.
SuT.
aar«l7
•taadT.
IrraKUlar.
^troni.
Finn but
BarelT
•taadr.
«t»«<i»
1
at
64(»9.e4
4Mad
Irrotiular.
1
lO't"*
"4
1
°|
llO'g
11.'^
11H»
lll\
11
lUaa
highest, lowest
aad oloaiag
Staadj
at
November delivery
Liverpool for eauh div are given below. Prices ar^ on the
basiso' Uplands, Lr>w Middling olauae, unleaaottterwi^e st-ited
l)<>ceiul>eriteltVMry
;
.4
Tlu prices are giten in pence and QUh.
G3-64(i., and S 01 means 5 l-64d.
Tkat : 4 63 mean 1
.1
lo-i*
lOlf,
lo«i«
10
110%
1'
111
»*t
llOH
11
-H
llll*
110 «
111%
no\ mi«
MUBO
February delivery
Am
ileUvery
I^.
aios.
Opm
A.
•L
d.
d.
4.
4 40
4 40
4 41
4 40
4 40
40
4 40
NoT.-Dec... 140 4 41
Dec. -J an.... 4 4J 143
Jan.-Keb.... 444 4 IS
Keb.-Mch... 4 47 448
4 40
4 41
Opm^BiQh
October.
...
OCt.-NOT.... 4 40
Mch.-Aprll. 4MI 4 51
Aprll-Maf.. 4&3|4M
May-June.. 4 56 4 57
d.
443
444 4 4'S
430 4 86
486 4 36
496 4 86
438 4 39
440 441
4 47
4 50
4 43
4 46
4
4 42
4 48
4 51
453 164
456 4 57
June-Julr... 45» 400 458 400
July-Auif...
Bioh Low.
4 14
<t.
Cliu.
Opm
d.
1.
436 4X6
4 33
4 86
436 436
438 439
410 4 41
4 43
4 44
446 4 47
4 49 460 419 450
4 52 4.iS 4 52 463
4 55
4 47
4 55
4 53
4 65
Taea., Oct. 30.
...
Jfoii
Tuet.
#«//
tO^g
61%
62%
6
54
5fl
S^tJ
Sl'g
63%
0.
e.
Sm
53'^
5.'%
SI**
Low.
•t.
Cto.
It.
It.
436 4 37 435
ISd 487 135
4 30
4.'«
4 37
4 89
35
4 35
4 86
4 85
187
43;
440 4 41 4 39
443 4 44 4 42
446 4 47 4 4.^
4 19 4 50 448
4 52
4 65
...
4 53
465
4
39
4 42
4 15
4 48
4 51
4 61
151
4 61
on an
6i\
51%
51%
Si's
..
.
5u%
aitivri
The busin'ss
mand.
5U<g
and
<t.
October
4 41
Oct.-NoT..
.
4 41
NoT.-Dec.
.
4 41
Dec. -J an....
Jan.-Feb....
Ceb.-Mch...
Mch.-Aprll.
4 4X
1
hau. OlM.
Clot.
Opm
d.
<t
d.
<L
d.
4.
4 44
4 41
4 44
4 40
4 42
4 44
4 44
4 4«
441 444
441 444
4 40
4 40
4 4C
4 42
4 42
4 45
4 46
4 48
4 48
448
4 48
4 51
4 61
4 43
4 46
4 46 448
148 4 61
45S 4 51 4 53
.4prll-.Vlar.. 4S4 4:« 454 4 50
Uay^uue.. 157 45S 4 57 4 59
June-July... 4ej 4 81 4<0 4e«
July-Aug...
Onm
d.
1
High Low.
4 40 4 42
4 40 4 42
4 42 4 45
444 4 46
4 17 4 48
4 40
4 42
4 44
14;
43
Htgli Louf. Vtiif
It.
It
4 43
4 15
4 45
4 45
145
4 45
118 4 46
460 448
147
4 47
46 4 17
46 4 47
48
4 50
4 6*
4 63
4 SI
4 68
4,VI
44)
4 51
4 49
46ll 4£t
4 52
464
4 62
454
4 65
4,'7
4 60
4 55
167! 4 81 4 61
4.'>g
4 68
460
4 61
458
d.
4
4
165
458 4.=.8
4
6.1
5 00
4 49
4 61
464
4.'S7
4 69
4 63
....
an imuortaot
exp irt dahere and at ou ports on
tx iking
for 8hii>inent
|lbW. *3 20a$3 Ki
Fine
Superflne
Kxtia. .N'o. 2
Kxtra,No 1
S.'iO* a 9i)
3 90* 4 00
4 I'la 4 M)
4 5i>a 4 75
Wheat—
BREADSTUFF S.
FsiDAT. October 23, 1891,
'
been
dull.
Holders
large transactions,
and business was of that hand-to-mouth
character which
exceedingly tentative in respect to values
White
ings.
itMlpU av-
•Mmm
Kye
ll>>ur,8upei'due..
Fine
...
GRAIN.
Corn, per bush.—
West'Q inlX'iJ ....
luU. No 2.-..
We8t*u yellow ...
We-tera wutto ...
97 ailOl
3'1'«» SB's Bye 37«
Western, per bush.
43
Htaleand Jer8<v .
37 « a*
33 » 39
B irley—-Vo. 2 Wee o'n.
6i
«108
«10J
ains
»
•math.
declined.
iOreat Biitain and the reports that the Imperial Government
of Russia had prohibited, or was about to prohibit, the exportation of this or that cereal. But in each case the sp culation was short lived, and was followed by a decline exceeding the advance. The large movement and accumulating
stocks of the new crop were elements of weakness there was
no withstanding. To-day a renewal of the repirt that R'lssia
will prohii it the exportation of all breadstuffs caused a
partial recovery of values for both futures and spots, with
buying of the former to cover contracts and of the latter
for export to a moderate extent, chiefly No. 1 Northern
spring at |1 03@|1 03>i, but including No. 2 red winter at
*l 02Jg'3|l 03 afloa'; also No. 8 winter at Mc.
flOlf.
tViuai.
Wt.liw.
(huik-xnti,
9t903.f5 25
Hio* 1 30
5 0>« .5 25
3 ;5» 4 00
a < 40
9 3 80
• 67
9
64
Wa
97
95
9 67
a 67
a 99
9100
70
9 71
6l"
64
tiO
latrolt..
.
.
1.407.918
4M8-I7
329.270
15.080
1,676,211
11,376
8,823
Jlavelaatf....
7,881
a)>,934
2 85)
<ain« wk.'M.
am* wLW
•*ne»Au§.
497.900
261.883
86.504
79e.49S
SI.IMO
1,06),"19
4»S.8Sa
87,0J0
S»,OJ0
i.iOH
10.5UJ
87,2
86,800
289.
67,187
7.014
4
124.^99
40.20U
4a,o«e
8,800
a
241.575
83.935
204.0 «>
»•
131S.062
286.613
74,8J«
...
..
..
87,610
47.918
13,800
Rm.
Ba-MI..
BlW*.4'<
Biul\.atlit
1,IW 4.970
ULOOllk....
'aorta
"•
T2,44«
.286
I'olado
am..
OaU
Corn.
SlMI.S^
92.119
39.807
•linnaapolla.
rouwk-W
There have been at times moderate
q>eculation8 for the rise, based on the very bad weather in
l,»>7,3ia
42tJ8B
tiS.0S2
tia,451
8.987.579
619.S36
8,878,692
S.ITS.**")
2.118.988
1.441,102
ll.\aB3
W7,80J
8.051.777
«,«)l,»9e
8,115.211
l,3W.tl4
»W.4S7
1.
1391
24.990.499
7,78\84S 8,811,8M
1.2JIJ07
».57S.5'«
74,«2«.91«
181)0
SJ»46.St9
2>).«2I,;6M
28.580.101
28.410.83$
»I.99i,17>
10,131,242
1880....
«,H85.08<1
SK.W 1.2.1.1
3.1.10)1.719
2.5.0 16. 778
6 Itl.TH
!.«<.«
Below are the rail ahipmenta of flour and grain from
Weatern lake and river aorta for four ysar^:
1891.
riour
Oom
Week
Oct. 19.
420.890
241,9J2
271,8S4
310.308
buah. I,2i9.137
650.328
545.331
547.411
6W.37J
734.921
351.030
1,050.824
l,'«72,e49
341.758
1,271,746
OaU
831,824
14>,567
Barley
aye...
Total
.•
1888.
Week
Oel. 18,
bbli.
ITheat
1889.
1890.
We*k
Oct 17.
;
'
bjloir
The movement of breadscutf s to market is indicated in the
icatement below, prepared by us from the tiguree of the New
We first give the reoeipta a
York Produce Exchange.
Western lake and river ports, arranged so as to present tte
oomporative movement for the week ending Ojt. IT, 1891,
uni' since \u<ast I, for each of the la^t three y «»r4-
tfUwaakaa..
and not infrequently leads to complete demoralization. Rye
flonr and corn meal on the contrary were very firmly held,
with transactions fully up to the average. To-day the tone
of the market was steadier, but without activity in the deil-
Wheat has
Patent, winter
Clty8liii>pm.c,e«ra«.
re-
fused to make the concessions that were necessary to leai to
is
flour in
0.
0.
<prlnir, per bush... 98
Red winter N0.2 1 Oi
93
Re'l Winter
Buckwheat
flour has
wheat
sell sli^hily
Corn ineil—
4 704 5 00
Weileni.Ao. ...... 3 2'
r, if,a
^ 50
Brandywine
Patent, 8prinir.
3 75
Buckwheat aour per 100 Iba., $2 10 3 $2 20.
Clo..r»
S'ralifhts
0»t«— Mixed.. ¥ bu.
wheat
for
(Corresponding grades in sacks
No. 2 mtx«d
No i white
for
StVi
51'^
Rye has been in better dem md and prices are dearer, choice
Western selling at 99!.^c. Barley is firm, mnetiiig W'th some
export demand. Buckwheat is aiso reportel sold for export
White
The market
5l>i
these figures):
4 46
4
53
63
5HI4
at full prices.
Fri.. Oct.
d.
Oi>«n{jft<ih
\
well-iniiniai lei
The following are oloaing quotations
Thnra.. Oct. 23.
rturt.
the spot and for arrival amauatd to 2}^ or 3 ailiion bushels.
To-day tne market was again active, and prices m4 le a further advance.
DAILT OLOSmO PBIOES OF MO. 2 MtXRD 0\T8.
Sat.
Man.
Tuet.
Wed.
Thurs.
tH.
Vovemher delivery
34<«
0.
3^
Sil «
34>s
3d
a-fm
Dwemuer delivery
o. 34''8
Si's
36
3>>s
36%
36>a
MaydeUvery
o. 37
37
37'«
33I4
3j<4
38%
barrels.
Wed., Oct. 31.
OMB«.
*•(.
60<s
bX-t
52'<
Oats have bien a feature this week,
Men.. Oct. 19.
T,
o.
0.
0.
an u«ry delivery
rise in prices
Sat., Oct. 17.
104
lOSI^
107 «a
«
W«dneaday a largH and resolute bull moveme'it; and to-dar
the market showed a hardening tendmoy with an active
speculation, but the reguUr trade waa lesa active.
prioi^ of future.4 at
^f
I0<
10.
KM
B",
lio\
DAILY OLOSIKQ PRICBS Or KO. 2
The opaniag,
1».
lofi'm
!
the rep>'at<Ml fiiilure of promi8t>s and prospeotit in thia regard
have gradually forced the convict io'i that valu^^ for tie new
crop, large ua it promisee to be, had fallfO too low. flHsce, on
1,0 ;0
Ft no at
(1«.
1
loft
Indian corn has advanced. Suppliea for current deliverj
in the early future have been quit" mnag-r. and
deotioe.
S-B4
o.
0.
o.
0.
mil very
10
I0:<H
10«l>t
and to arrive
ollne.
Eas>at
d»
II
loias
10
I07i^
I0<t>«
Uardan'ii.
oltna.
Ba«y al
a-n*
ti.
Maydellvi-ry
Doll.
bDDlneai
dotnK.
.0. 10>>i«
c. ii>7'«
I)«o«iiiber •If'liTnrjr
J niiiiarr delivery
«P
Kair
Marki-t,
1:48 r. H.
Eiarden'ff.
BAiLT OLoauro PBioica or wo. a aan wiima waaar.
»"».
TuM.
»•'•
Wtl.
Thurt.
^
^ ,.
NnveinlMir
delivery...
Vbniary delivery
Miinih delivery
Saturday Xanday. Tuetday. Wtdnet. Thttrxfy. tUday.
Spot.
«17
8.320,73J
1,7W,»71
381,822
.
49
i.23
ort 20.
70\101
71,532
158.^87
89,508
8,377,993
3,890,653
S.156,ai«
THE CHRONICLE.
618
for the
flour aad scram at the seaboard ports
17. 1891. follow
Kye.
BarUy,
OaU,
Com,
Whtal
riour,
bush.
bmh.
bu»K.
hMfh.
lyuilh.
hhll.
At—
92,550 279,200
ewTork.... 153.431 2,174.594 650,950 655.125
110,4ri7
268.235
91.5-27
Bo«ton
82,963 95.880
^n.sl^
39.955
74
128,
23,733
Montreal
1,200
71.S68
153,877
Phlladelphla. 54,906 281,837
12.939
21:000
2ti,3?6
401.026
Baltimore... 61.''5t
200
24,265
14,950
„^
12.310
Blobmond .... 5 325
24,000
53,767
5.335
He« Orleans. 13,542 803,667
1,044,76.5 17.5,516 413.419
Total week 404,418 3,4l^,075 1,16S,63_3
38^,500 30,J24
O.r week -90 357.712 535,62J 1,-221.655 1.124,558
es
for the
ports
eeaboard
Beveral
from
the
exporw
The reoeipto of
week ended Oct.
—
DOHBSTio Cotton Goods. The exports of cotton g(iod»
from this port for the week ending Oct. 20 were 2,199
packages, valued at $137,636, their destination being to the
Doints specified in the table bt^low:
w
The
Xxporti
in the annexed atatemBn
Hour.
Oom.
WMat.
fnmi—
shown
By*.
Oati.
But*
275,361
Butii
SbU.
70.089
40,012
125
106.220
11,158
2''.453
15'.309
•.
Pea'
Uontrt-ai.
23'\i-5i
38,221
Ptalladel
262,385
Baltlm're
5.S7,187
8,760
N. Orl'na.
202,774
110,3»8
148
Xot week. 2.555,933
8'me time
128,411
1890.
626.616
244,568
132,687
601,580
182,026
511.838
184,304
7,603
3.91S
117,287
R.News..
Rlahm'd
69,
136,495
mo
5i>57
397
45,995
Uye.
hunh.
b'fK.
811,741 1,057,964
buili.
1-2,700
182.500
55,600
69,086
28,0tiO
898
Dulntb
Toledo
1,593,601
17,238
2.1 Kl
7.000
56,533
li9;725
43,428
206.842
353,948
50.965
3,074
183,322
74,498
2'5i',l68
9,275
35,000
Do
2,88 1 ,560
...,
Boeton
Toronto
Montreal.....
Pblltulelphla.
PeorlH
IndlanapoUf.
4.^9.236
224.89
387,601
41,178
>
5r,69"i
110.000
82,281
63,639
afloat
Olmlnnau
3.542
5,500
549
741..'i73
b'lKrt
29,0 K)
400.797
l,tO-,588
Oswetto
Bt Lonit
Bar ey
18,!^ 00
840.V119
DeDolt
._,
Kansas Hty
6,00i»
"r'.obo
2i'.oo6
'13,606
146,H72
23.034
289 144
891.232
5.886
67,582
164,180
68.733
1,450
210. sso
105.003
343,043
245,635
"257
560.3it0
29,129
21,058
"4,606
187 094
56,9<i5
350
Go
HlHRlasippl...
1,450,279
3,958.505
129,8 lO
On
Lakee
2,625,:i34
5.57.173
On
oanai
A river.
2,00»,000
282,200
Tot. Oct.
Tot Out.
Tot. Oi-t.
Tot. Oct.
foi. Oct.
17, '91
10 '91
IS, '90
19, '89
26', "88.
B.ltimiire
U aiieapoUn
31.038,941 3.853,853
29,357,381 5,4S-",604
18,607,246 8, i59,50;»
22.057,370 11,33 1,476
32,972,370 11,203.451
66.606
1,57.1
80,702
84,866
109,265
"2',883
"9',794
15,615
30,042
.215.446
7,795
39,069
487,'s76
4b",3()0
436 300
39,1C0
350,300
383,600
90,61.6
183,486
25,671
851
4,274,337 2,695,922 2,-517,597
5 073,602 2,511.933 1.931,129
4.3-23,013
606,100 4,477.410
7,113, >1 1 1,277,778 1,582,5:2
7,757,581 1,202,342 1,401,070
THE DRY GOODS TRADE.
w
With a
TOEK. Friday
market has during the past
pronounced between-seasons appearance.
Total
It
has in fact been
The demand for stiple cottons has
immediate requirements almost entirely,
been confined to
and although there are, as usual at this time of the year, inquiries for goods to ship by canal on spring dating, very
business of that character has resulted.
actual
little
The fall trade in prints, ginghams, &c., at first hands is naturally very small just now, and as buyers have in many instances placed their first orders for spring ginghams, &c., the
demand for these has fallen off. The general position of the
market is unaliered— at least on the surface but at the sam.::
time it i^ not in some directions as steady as it looks. The
—
the regularity of collec-
tions in all parte of the country, the
improvement lately noted
South being well sustained. The jobbing trade continues quiet, an occasional "drive" relieving the monotony
and showing the progrees of the clearing-up progress by
agents and commission houses.
Domestic Woolehs.—There is even less to report of this
department than of cotton gools. The demand for both
heavy and light woolen and worsted trouserings and suitings
continues on a very restricted scale and without new feat ire, agents being chiefly occupied in charging up
acjounta,
iking deliveries on back orders, and watching th^ progress
O' the dispute between importers of worsteds aad the Customs officials. As this dispute iavolves nearly |1,OjOOOO
worth of worsteds, and the final judgment must have an important bearing on future importations, the interest taken
in
it by domestic houses is easily understood.
Of overcoatings,
in the
m
is
nothing
1,131
148
4,122
109,069
54.300
From New Bnsland
2.608
2111,865
4,122
163,369
mUll points direct.
1
have
against $6,330,74.5 in 1890.
Business in leading lines of domestics has been strictly
moderate. Socks of brown and bleached goods are still reported in generally fair shape, particularly in low grade
goods in brown and bleached cottons wide sheetin^js, cotton
flannels and colored coton-'. C.)averter8, shirt makers and
cutters have placed som^ fair orders, but the jobbing Hnd export demand h-<B been slow. There are no qaotablo changes
in prices, but "shadng" in 80in>^ places is still ijoing on.
White «oods in 1 iw- priced makes are weak and slow of sale.
Prints, gi'iirhams, &c., in dark styles were slow als >, with
spring makes quieter than they have been since the oj^ning
of the seasoa. Print cloths are quoted unciaognd ai 3 J. for
64x64s at Fall River, with outsi le s^dlers a', 4 l.'i-'.eo. per
yard. The stock last week was 183,000 pieces at Providence
and 393,0 (0 pieces at Fall River, in all 475,i)0 1 pi-ces. Last
year's stocks for the correspoading date ware dispute 1 and
the usual table of comoarisons is omitted.
FaRBl«N DttY Go IDS Business with the importers has been
slow in nearly all bra-iches. Phe temand for Bedford cords in
dress goods continues exceptionally good, and current impoits find a marki-t as soo-i as laadei. la men's- weir worsteds a number of cancellations are reporte I. owing to the
delay in deliveries entailed by the dispute already r -ferred
Moderate import-itioa orders are noted in silk fa-irics for
to.
spring, especially printed styles. No chaige in prio s of
stnple lines have been reported during ths week, and the
market, if dull, is steady.
—
Importations of Drr Goods.
The importations of dry goods at this port for the week
ending Oct. 33, 1891, and since Jan, 1, and the same facts
or the correspoading periods of last year are as f.jUowa:
5
9
3
new
to report.
^
g
Silk...
Flax...
NUsceUan
Cotton
it
8
0'
=
^^
%:
practically featureless.
cloakings, &c,, there
47
142
94
149
409
Total
.......
...
Ohlna, via Vanoonver
E
demand for spring goods, the
week worn a more thaa ever
is
an. 1
187,564
23,301
2.198
..
P. H.. October 23, 1891.
clear falling off in the
most favorable feature just now
896
20
1,341
The value of the Ne v York exports since January
582,928
78.200
36i.248
1,073,145
MUwaakee.
1,3.50
-1
6.285
2,561
35,096
2.589
8.9)6
4,944
13 835
2,161
5,099
2 1,8 6
2.737
b:^en »9,8J4,377 in 1891,
1,006,773
8,873 766
ObtcaKO
103
45
107,824
7,325
11.898
4,693
11,077
3,146
7.175
27,039
2.224
165
63
257
744
55
... ..........
Week. Since
1.
3,763
2
Ifrloa
West ladles
*
supply of grain, comprising the stocks in grauai y
Tne
and seaboa- d
at the principal points of accumulation at lake
Bnffelo
uabla
176,650
visible
Albany
European
Jblna
1,872
33,<iu2
pjrts, Oct. 17. 1891:
Wkeat,
bntH.
InUoreat—
6,133,083
H-'wYork
24-(,5-J0
anoat
Do
:>ther
Cndla
5,376
24,6oS
20,000
75
33
104
64
637
Jreat Britain
tontb America
5"'4,8'9
Portland
Wftk. Since Jan.
But-
190,637
Bob too.
1890.
-Yokk to Oct. 20.
tfexloo...
,ono.40i
Kew York
1891.
Hbw
i
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